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Naperville News Digest: Rotary club donates $58,000 from Parade of Lights proceeds; Siddiqi selected as next College of DuPage president

Naperville News Digest: Rotary club donates $58,000 from Parade of Lights proceeds; Siddiqi selected as next College of DuPage president

Chicago Tribune19-02-2025

Rotary club donates $58,000 from Parade of Lights proceeds
Rotary Club of Naperville has awarded $58,000 in grant money to local nonprofit organizations from funds raised through its 2024 Holiday Parade of Lights.
Among this year's grant recipients are Special Olympics Illinois and the Western DuPage Special Recreation Association, which offer competition and recreational opportunities for those with intellectual disabilities and special needs; 360 Youth Services and the Alive Center, a news release said.
Also benefitting are the Naperville Professional Firefighters for a Cause; Naperville Police Foundation; Naperville School District 203 and Indian Prairie School District 204 educational foundations; Max's Mission, which supports families affected by suicide loss; Special Spaces, which creates dream bedroom makeovers for children with cancer, and Teen Parent Connect, which provides resources for teenage parents and their children.
The club was able to distribute a total of $58,000 because it received a matching grant from Naperville Rotary Charities, the release said.
Siddiqi selected as next College of DuPage president
The College of DuPage Board of Trustees has named Muddassir Siddiqi as the school's eighth president.
Siddiqi is currently the vice chancellor of instructional innovation and digital strategy for the Houston Community College System, a COD news release said. Before that, he was president and chief executive officer of Central College, which is part of the Houston Community College System.
Siddiqi has a doctorate in education from Northern Illinois University, an MBA from the University of Northern Alabama and a master's degree in industrial technology from the Illinois Institute of Technology, the release said.
Siddiqi succeeds Brian Caputo, who retired in 2024. The college conducted a nationwide search for its next president while Christine M. Hammond served as interim president.
Naperville police to hold scam awareness webinar
The Naperville Police Department will hold an online program on the latest scams being employed to defraud residents at noon Wednesday, Feb. 26.
Last year, Naperville residents lost nearly $5.5 million to scams, police said in a news release. Victims ranged in age from 15 to 91.
Residents are targeted through phone calls, text messages, emails and computer pop-up messages, Police Chief Jason Arres said in a news release. Scammers change tactics so it's important residents keep up with current trends and what might be a scam, he said.
Some of the top scams reported in Naperville involve pop-up ads that claim the computer has a virus; online sales in which scammers pose as both fake sellers and fake buyers; and someone pretending they are from a government agency and asking for money to satisfy a warrant or fine, the police website said.
To get a link to the free, public webinar, go to www.naperville.il.us/scamawareness. A program recording will be posted to the city's website.

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Outgoing UW-Milwaukee chancellor fields questions on Trump policies, engineering program cut
Outgoing UW-Milwaukee chancellor fields questions on Trump policies, engineering program cut

Yahoo

time11-06-2025

  • Yahoo

Outgoing UW-Milwaukee chancellor fields questions on Trump policies, engineering program cut

On the cusp of leaving the University of Wisconsin-Milwaukee, Chancellor Mark Mone offered a turbulent forecast for higher education. "My prediction: consolidation, shakeouts," he told the Rotary Club of Milwaukee on June 10. "Higher education is in for some significant challenges." Mone, the second-longest-serving chancellor in UWM history, weathered his fair share of storms. His 11 years at the helm have included budget cuts, a battle over tenure protections, a pandemic, the inheritance and closure of two branch campuses, and a two-week period where protesters pitched tents on campus. Thomas Gibson, who has led UW-Stevens Point since 2021, takes over for Mone in July. At the 40-minute Rotary event, Mone talked up the importance of UWM's dual roles in research and open-access mission, which refers to widely accepting students more selective institutions would turn away. He highlighted the university's working with freshwater and cancer research, improved transfer pipelines and collaboration with local companies, such as Northwestern Mutual and Rockwell Automation. Mone also fielded questions from Rotary members about two Trump administration policies that are making waves on campus. Here are three takeaways from Mone's remarks: The Trump administration plans to pause new international student visas, revoke the visas of Chinese students and impose travel bans from a dozen countries. The policy changes have caused panic at some institutions. UWM enrolls about 1,300 international students. Mone anticipates as many as 500 fewer international students coming to campus this fall. "Right now, we're looking at some pretty challenging numbers on the international front," he said. UWM weathered a decline in international student enrollment just last year when, with little notice, the U.S. State Department cut the number of student visas from India. The university absorbed a $9 million financial hit due to the policy change, which Mone said UWM learned of in August 2024. More: Trump policies could lead to international student decline at UW-Madison, UWM, Concordia UWM is pushing to eliminate its materials science department, the only one in the state geared to the metal processing industries' needs. The move has generated concern in the business community and from U.S. Navy and Defense Department representatives. UWM officials have said suspending undergraduate admissions and reassigning the department's faculty will save $850,000 a year and help fill a $3.5 million engineering school budget gap. More: Kathleen Gallagher: UWM's making a big mistake to cut engineering program at critical time Mone, in his first public remarks on the program's elimination, blamed a decline in enrollment from about 48 students a decade ago to 24 students. Material sciences is the smallest of the engineering school's 11 programs. UWM can redeploy resources from the shuttered program to "growth areas," such as computer science and software development. Both programs have between 450 and 500 students. "That's just where, from a rational perspective, it makes sense to go down that path," Mone said. The Trump administration's cuts to federal research have sent shockwaves across research universities, including UWM. The National Institutes of Health, for example, wants to cut all new and existing grants to a 15% indirect cost rate, which the government pays to institutions to cover the administrative overhead associated with research. Indirect rates fund expenses like lab equipment and hazardous waste removal. UWM's indirect rate is between 30% and 35%, so the university is already operating administratively as one of the leanest, Mone said. The university receives about $55 million in federal research funding. UWM has seen some of its grants terminated, though Mone did not specify how many. A Zilber College of Public Health researcher recently told him their million dollar grant on suicide prevention had been cut. More concerning to Mone was the slowdown in the scientific approval process. The process for issuing grants to universities has been disrupted by layoffs, meeting cancellations and delays in scheduling meetings to review grant applications. He said this would have profound implications for society, from start-up activity to manufacturing to the environment. Both the indirect rate cuts and grant processing delays are being challenged in court. Kelly Meyerhofer has covered higher education in Wisconsin since 2018. Contact her at kmeyerhofer@ or 414-223-5168. Follow her on X (Twitter) at @KellyMeyerhofer. This article originally appeared on Milwaukee Journal Sentinel: UW-Milwaukee Chancellor Mark Mone reflects on 11-year tenure

‘They were steps away from their home': Mother of Pittsford native killed in DC recounts night of her son's death
‘They were steps away from their home': Mother of Pittsford native killed in DC recounts night of her son's death

Yahoo

time29-05-2025

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‘They were steps away from their home': Mother of Pittsford native killed in DC recounts night of her son's death

PITTSFORD, N.Y. (WROC) — It's been nearly a year and a half since Pittsford native Ryan Realbuto was fatally gunned last January in Washington D.C. when he was walking home from an event with a church group. His mother, Janet, has thought about that night every day since. 'It was a phone call that no parent ever, ever wants to receive, nor should receive,' she said, at a Peace Pole Planting ceremony in his honor Wednesday. 'They could have taken an Uber that night, but I was told by the friend that was with Ryan that they chose to walk home that evening because it was the first snowfall in DC, and they looked out and they saw the beauty in the snow, and it was just trickling down, they said, and they decided that they wanted to walk and experience the snow.' That beauty, quickly turned to horror when she said Ryan was approached by a gunman on the street. 'They were steps away from their home,' Janet said. 'Ryan didn't have a chance to say, 'Wait a minute. I'll give you money.' Anybody that knows Ryan knows that Ryan would have also given his coat, his shirt, his shoes, whatever else that person wanted, because that was Ryan. I find it really ironic that of all people, it was Ryan, that this person chose to inflict horror on.' She calls it a senseless act. One that has had a lasting impact on Ryan's family and friends. Janet emphasized the need for community safety. 'What did this act accomplish? Oh, nothing, nothing. He just drove away, senseless,' she said. 'This has been the hardest thing for me to comprehend and for our family to process. Violence can lead to death. Death is final. It's permanent. It's forever. It's a problem with no solution. There's no going back. There's no plan B. There are no options. One split second in your life is forever changed. The life you knew is gone.' That life — honored Wednesday by the Rotary Club of Pittsford with a Peace Pole Planting. Ryan joined the Rotary-sponsored Interact Club at Pittsford Mendon High School during his freshman year and served on the club's leadership team for the next three years, receiving high praise for his dedication to service. Ryan graduated from PMHS in 2019. 'He was all about love and kindness. Ryan did not have a mean bone in his body. He was all about making the world a better place. He helped and served others whenever he could. It was never about him,' Janet said. 'Ryan was one that truly lived his faith.' While Janet and her family continue to wrap their heads around what happened to Ryan, they are taking the time to emphasize what they call an overdue need for community safety. 'There are no more phone calls, no more text messages, no more walks, vacations, dinners, watching sports together, watching movies, going for a bike ride on the canal. There are no more new memories. We just carry the pain and the grief daily. No parent should ever have to bury a child due to violence. No brother should have to partake in monumental events without his brother there to share them.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Insiders At Lockheed Martin Sold US$7.7m In Stock, Alluding To Potential Weakness
Insiders At Lockheed Martin Sold US$7.7m In Stock, Alluding To Potential Weakness

Yahoo

time17-05-2025

  • Yahoo

Insiders At Lockheed Martin Sold US$7.7m In Stock, Alluding To Potential Weakness

Over the past year, many Lockheed Martin Corporation (NYSE:LMT) insiders sold a significant stake in the company which may have piqued investors' interest. When evaluating insider transactions, knowing whether insiders are buying is usually more beneficial than knowing whether they are selling, as the latter can be open to many interpretations. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period. Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Over the last year, we can see that the biggest insider sale was by the President of Rotary & Mission Systems, Stephanie Hill, for US$2.1m worth of shares, at about US$443 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of US$468. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. However, while insider selling is sometimes discouraging, it's only a weak signal. This single sale was just 26% of Stephanie Hill's stake. In the last year Lockheed Martin insiders didn't buy any company stock. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction! See our latest analysis for Lockheed Martin If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations. The last three months saw significant insider selling at Lockheed Martin. Specifically, insiders ditched US$3.9m worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain. Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 0.07% of Lockheed Martin shares, worth about US$79m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders. Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. In terms of investment risks, we've identified 2 warning signs with Lockheed Martin and understanding these should be part of your investment process. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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