Category: business proposals

Swedish Technology Company Cuts Business Ties With Hong Kong

Computer Data Tech Following Unprecedented Global Cyberattack

Photographer: Chris Ratcliffe/Bloomberg

A Swedish firm that supplies law enforcement and government agencies with technology to extract data from mobile phones said it has pulled its business from Hong Kong.

The decision by Stockholm-based Micro Systemation AB came after a White House executive order on July 14 stripped Hong Kong of its special trading status, said Mike Dickinson, deputy executive officer. That status had granted Hong Kong more favorable treatment than China.

Dickinson said in an email that his company, known as MSAB, would no longer “supply solutions” to the Cyber Security and Technology Crime Bureau of the Hong Kong Police Force, nor any other government agencies in the territory. He said the executive order “impacts our U.S. legal entity and presence in the U.S.A.

MSAB had pulled its business from China earlier in 2020 due to changes in “regulatory regimes and restrictions” related to

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R.I. business groups oppose Raimondo’s $29M tax proposal

Rhode Island businesses are objecting to Gov. Gina Raimondo’s latest budget-plugging plan, which would increase some tax bills during the COVID-19 pandemic.

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Raimondo wants to restore a limit on the amount of business losses that can be deducted from state income taxes, after the federal CARES Act coronavirus relief bill eliminated it for the last three years. The increase in deductions allowed by the CARES Act is estimated to cost the state $29 million over two years.

But trade groups, business advocates and accountants say small businesses need all the help they can get to survive losses from the pandemic, not retroactive tax payments.

“By disallowing this deduction at the state level, the state would be increasing the burden on small business when they can least afford the increase,” Greater Providence Chamber of Commerce lobbyist Elizabeth Suever wrote in a letter to the House Finance Committee.

The Raimondo

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Split SEC OKs Plan To Toughen Shareholder Proposal Rules

Law360 (September 23, 2020, 8:08 PM EDT) — A divided Securities and Exchange Commission on Wednesday agreed to impose stiffer requirements for shareholders seeking to submit ballot proposals, drawing rebukes from critics who argue the changes favor corporate executives at the expense of investors.

By a 3-2 vote, the SEC enacted rules that raise thresholds affecting the ability of shareholders to submit new proposals or resubmit proposals that have previously failed. The SEC majority supporting the move, all of whom fill Republican seats, described the changes as modest fixes to outdated rules that have not been updated since 1998 and 1954, respectively.

Supporters also said the new 195-page rule reflects…

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R.I. business groups oppose Raimondo’s $29M tax proposal – News – providencejournal.com

Rhode Island businesses are objecting to Gov. Gina Raimondo’s latest budget-plugging plan, which would increase some tax bills during the COVID-19 pandemic.

Raimondo wants to restore a limit on the amount of business losses that can be deducted from state income taxes, after the federal CARES Act coronavirus relief bill eliminated it for the last three years. The increase in deductions allowed by the CARES Act is estimated to cost the state $29 million over two years.

But trade groups, business advocates and accountants say small businesses need all the help they can get to survive losses from the pandemic, not retroactive tax payments.


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“By disallowing this deduction at

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U.S. markets regulator to vote on raising thresholds for shareholder proposals

By Jessica DiNapoli

NEW YORK (Reuters) – The U.S. Securities and Exchange Commission is set to vote on Wednesday on making it tougher for shareholders to push companies on issues such as climate change, social justice and diversity.

The rule, first proposed last November, raises the bar on how long investors have to hold $2,000 worth of stock before they can submit a shareholder proposal to be included on the company’s annual ballot and how much support they must receive before resubmitting it. The guidelines on how much support proposals must receive to be resubmitted have not changed since 1954.

“Going forward, anyone who wants to invest in a company and establish the ability to submit a proposal has to hold it for longer,” SEC Chairman Jay Clayton said in a news briefing on Tuesday. “That’s not much of an incremental cost.”

The SEC, which received blowback from many investors

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A Beginner’s Guide to Requests for Proposal (RFPs)



a stack of flyers on a table: Project Proposal written on a blue sticky on top of a stack of documents next to a keyboard


© Getty Images
Project Proposal written on a blue sticky on top of a stack of documents next to a keyboard

It’s not the most glamorous part of a project, but the request for proposal process is where your project succeeds or fails — even before it begins.

Get the RFP process wrong, and you risk hiring an unqualified contractor without the skills to complete the project or with an unrealistic plan that causes your project to be heavily delayed and way over budget. By putting a lot of effort into the RFP process, you protect your project from disaster.

Managing RFP bids requires good document control, and it’s a key part of project planning. This guide will describe what the RFP process is and how to put it to work for you.

Overview: What is a request for proposal (RFP)?

A request for proposal is a document businesses use

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SEC Votes to Restrict Shareholder Proposals

SEC headquarters in Washington. (Photo: Diego Radzinschi/ALM)

The SEC has voted to raise the threshold for shareholder proposals to be included in a company’s proxy statement.

The amendments to Section 14A-8 of the Securities and Exchange Act of 1934 require that a shareholder own at least $2,000 worth of stock for three years to sponsor a first-time proxy proposal, up from one year currently. 

A shareholder could also submit a proposal if he or she or an institution like an endowment owned $25,000 worth of stock for one year or $15,000 for two years.

Proxy proposal resubmissions, which allow proposals the time to gather momentum, also face tighter restrictions under the new regulations. A minimum 5% vote is required for a first resubmission in the following five years, up from 3%. Proposals resubmitted twice or three or more times in the prior five years would require minimum votes of 15%

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NJBPU approves PSE&G’s $1B Clean Energy Future proposal

The New Jersey Board of Public Utilities approved PSE&G’s Clean Energy Future proposal Wednesday, clearing the way for the state’s largest utility to commit $1 billion toward energy efficiency investments over the next three years.

PSE&G said in an announcement on the investment’s approval that it’s expected to provide environmental benefits and reduce customer bills while creating jobs and boosting New Jersey’s economy.

PSE&G’s Clean Energy Future proposal aligns with Gov. Phil Murphy’s commitment to clean energy.

“Today’s decision will allow us to bring the benefits of energy efficiency to every customer and give them options to reduce their energy use, save money and shrink their carbon footprint,” said PSEG Chairman, President and Chief Executive Officer Ralph Izzo in a prepared statement. “New Jersey now has the opportunity to be at the forefront of clean energy policy and be a role model for the nation.”

The $1 billion plan includes

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Full review needed for sand-mining proposal


The provincial government is currently considering a plan for a sand-processing facility about 35 kilometres east of Winnipeg. Given the controversy surrounding this proposal, officials would do well to expand their due diligence into double-due diligence.

CanWhite Sands wants to remove 1.6 million tonnes of sand per year at the facility in the RM of Springfield, for fracking and other purposes, but the proposal has incurred strong opposition from area residents, environmentalists and opposition politicians who have also alleged unethical business dealings in the past by the CEO of CanWhite.

Despite the protests, the company wants to go ahead because it recognizes good sand when it sees it. The silica sand in the area is of very high purity. It’s ideal to produce silica products such as fiber-optic cable and silicon metal for solar cells, electronic components, construction materials and art supplies, according to the Manitoba Prospectors and Developers Association.

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SEMI-NBMC Invites White Paper Proposals for Funding of Human Monitoring Innovations

MILPITAS, Calif., Sept. 23, 2020 /PRNewswire/ — SEMI Nano-Bio Materials Consortium (NBMC) today released a Request for Proposals (RFP) for innovations in ambulatory monitoring, wearable technologies for cognitive assessment, and innovative power sources for wearable monitors. Proposals are also welcome for new concepts to advance mobile human monitoring and diagnostic capabilities. Projects will be awarded with cash budgets ranging from $500,000 to $2 million. The RFP is funded by the U.S. Air Force Research Laboratory (AFRL).

SEMI-NBMC focuses on innovation challenges and opportunities during research and development (R&D) to increase the technology and manufacturing readiness levels (TRL/MRL) of nanotechnologies and biotechnologies. The SEMI-NBMC program and committee encourages submission of novel technical approaches that carry significant risk as well as those that represent evolutionary improvements on existing technical capabilities, which tend to be less risky and involve shorter development and delivery times.

Industry experts on the NBMC RFP Review

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