Finance
Finance Minister Bezalel Smotrich demands attack against Iran
On Sunday, Finance Minister Bezalel Smotrich called for an Israeli attack on Iran following an Iranian offensive launched late Saturday night. The chairman of the Religious Zionist party said that, “this is the time for leadership that is capable of returning deterrence that has the courage to restore security to the citizens of Israel, not with slogans, but with action.”
“The eyes of the entire Middle East and the entire world are on the State of Israel. If our reaction resonates throughout the Middle East for generations to come – we will win,” he added in a statement.
This is a developing story.
Finance
Indian shares likely to open higher; Bajaj Finance in focus
Finance
Wisconsin groups support next generation of STEM workers | Finance & Commerce
MILWAUKEE — Contractors, utilities and public officials this week had something to offer to local students interested in construction and science, technology, engineering and mathematics (STEM).
The construction labor shortage and age gap are continuing conversations in the industry and drives more contractors to find ways to add to the labor pool. In March, there were around 295,000 construction jobs open across the U.S, according to preliminary data from the U.S. Bureau of Labor Statistics. The median age in the construction field is 41.9, BLS data showed.
Meanwhile, different groups this week awarded scholarships, recognition and partnerships to schools and students interested in construction and STEM fields. One partnership between contractors and a school will create a new learning laboratory at a Wauwatosa high school, officials said. Here’s what groups did this week to support the next generation.
Plumbing and mechanical contractors partner with Wauwatosa schools
Wauwatosa East High School has partnered with mechanical contractors JM Brennan and TOTAL Mechanical, manufacturer representative Air Flow, the Milwaukee and Southeastern Wisconsin Plumbing and Mechanical Contractors Association and Sheetmetal and Air Conditioning Contractors Association to develop a learning laboratory to prepare the next building and construction trades labor force, officials said.
The partners will further develop the HVAC part of the technical training space at Wauwatosa East.
“At Tosa East we are very proud of our program,” said Craig Griffie, the technical education teacher at Wauwatosa East. “The students are building a really strong foundation and it’s all due to the partners we have.”
State awards “fab lab” grants to 18 school districts
Gov. Tony Evers and Missy Hughes, secretary of the Wisconsin Economic Development Corp., awarded $493,000 in “fab lab” grants to 18 school districts to train students in science, technology, engineering, arts and mathematics. The money is used to help create fabrication labs at local schools and equip them with computerized manufacturing machines such as 3D printers and laser engravers.
Lawmakers recognize national construction contest winners
State Rep. Clint Moses and Brian Westrate, staff for U.S. Representative Derrick Van Orden, recognized the University of Wisconsin-Stout construction team, faculty and staff. The team clinched a gold medal in estimating at the Associated Builders and Contractors National Craft Competition held this year in Kissimmee, Florida.
Madison utility awards high school scholarships
Madison-based Alliant Energy awarded scholarships worth $1,000 to 25 high school seniors in Iowa and Wisconsin. The scholarships are awarded to students who perform community service work, academic achievement and wrote an essay about community problems solved through science, technology, engineering or mathematical concepts.
Julie Bauer, executive director of the Alliant Energy Foundation, said “supporting workforce readiness and fostering young minds interested in STEM-based careers is critical to developing the future of a skilled and innovative workforce.”
Finance
Faegre Drinker Grows Dallas Finance & Restructuring Practice
Glenn Reitman has joined Faegre Drinker as a partner in the finance & restructuring practice in Dallas, the firm said Thursday.
Reitman represents lenders and borrowers in structuring, negotiating, and documenting finance transactions, according to Faegre Drinker. He has particular expertise with commercial, real estate, and energy projects and structured financing.
His finance practice includes private equity, venture capital, leveraged buyouts, structured products, loan workouts, and restructurings, said the firm.
This story was produced by Bloomberg Law Automation.
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