Stock Markets

Centre-left candidate beats Communist in Salzburg mayoral run-off

Published

1 month ago

March 25, 2024

Centre-left candidate beats Communist in Salzburg mayoral run-off

VIENNA (Reuters) – The centre-left deputy mayor of Salzburg, Bernhard Auinger, beat his Communist rival Kay-Michael Dankl in a run-off vote for mayor on Sunday and pledged to work with him after Dankl focused on high housing costs in one of Austria’s hardest-hit cities.

Dankl, 35, led his party to second place in this month’s city council election, close behind Auinger’s Social Democrats. Just 821 votes separated the two men in the separate, first-round vote for mayor of the country’s fourth largest city, best known to tourists as the home of Mozart and “The Sound of Music”.

“Apart from the day I met my wife and the birth of my two wonderful daughters, today is definitely the happiest day of my life,” Auinger, 50, said in a statement to the media alongside Dankl after he emerged the clear winner with most votes counted from the second round.

With all but postal ballots counted, he had 63.1% of the vote to Dankl’s 36.9%.

“I believe that Kay will be a strong addition to our city government. I am convinced that we will work together excellently,” Auinger said. While Austria’s second city, Graz, already has a Communist mayor, winning in Salzburg would have been a rare triumph for a party not even in national parliament.

Auinger told Reuters last week that Dankl’s pledge to build 1,000 units of subsidised rental housing a year to alleviate the city’s housing crisis was unrealistic, suggesting 1,500 over five years instead.

But he did say he favoured putting Dankl in charge of housing in the city.

“That four out of 10 voters gave us their trust in today’s election shows that many people want a different social policy,” Dankl said.

Speaking to Puls 24 television later, Dankl added: “The key issue in Salzburg is that housing costs continue to rise. The city government could do something about that, for example by investing more in subsidised rental accommodation,” he said.

“The misappropriation of living space through Airbnb, speculation and vacant apartments could be better brought under control.”

Stock Markets

US Labor Department corrects productivity data

Published

10 hours ago

April 27, 2024

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Stock Markets

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Published

10 hours ago

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Stock Markets

Oak Valley Community Bank Named One of Central Valley’s Best Places to Work

Published

10 hours ago

April 27, 2024

OAKDALE, Calif., April 26, 2024 (GLOBE NEWSWIRE) — Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY) is pleased to announce that it was named by Best Companies Group as one of 2024 Best Places to Work: Central Valley. At the same time, OVCB was recognized by Opportunity Stanislaus for Growing the Economy by increasing their workforce by 10% or more throughout 2023.

We are honored to be acknowledged for our growth and named one of the Best Places to Work in the Central Valley. This recognition is a testament to our commitment to fostering a positive and supportive workplace environment and excellence in all that we do. Our success is built on our service culture, which is embraced by all members of our team. Our exceptional service is what distinguishes us. It’s not just about meeting expectations; it’s about exceeding them in ways that build lasting trust and loyalty. By delivering on this promise consistently, we create our own brand ambassadors “ who speak highly of the bank and refer colleagues and friends. We would like to take this opportunity to recognize our team. We are grateful for their loyalty and commitment to our customers, our communities, and each other, stated Chris Courtney, CEO.

Best Places to Work: Central Valley is a survey and recognition program dedicated to celebrating those employers locally who excel at creating quality jobs and environments where employees are happy to work. As a research-driven program from Best Companies Group, Best Places to Work examines a company’s practices, programs, and benefits and surveys employees for their perspective. All companies that participated in the 2024 Best Places to Work: Central Valley program receive an in-depth evaluation identifying strengths and weaknesses according to their employees. In turn, this report can be used in developing or enhancing employee retention and recruitment programs.

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We are honored to be recognized with this year’s Best Places to Work recipients; Automation Group; O’Dell (NYSE:) Engineering, Inc., Grimbleby Coleman Advisors & Accountants, Haggerty Construction, Inc., ITSolutions-Currie, One Digital, The Wonderful Company, and Community Hospice & Health Services.

Best Places to Work: Central Valley is brought to you by Opportunity Stanislaus. For more information on Best Places to Work: Central Valley visit www.bestplacestoworkcentralvalley.com.

About Opportunity Stanislaus Opportunity Stanislaus is a local economic development organization focused on improving the economic vitality of Stanislaus County. To do so, they help local entrepreneurs start and grow businesses and work to attract innovative companies to the county. For more information visit www.opportunitystanislaus.com.

About Oak Valley Community Bank OVCB offers a variety of loan and deposit products to individuals and small businesses. They currently operate through 18 conveniently located branches: Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento, Roseville, two branches in Sonora, three branches in Modesto, and three branches in their Eastern Sierra Division, which includes Bridgeport, Mammoth Lakes, and Bishop. For more information visit www.ovcb.com.