Local Corporation (LOCM)
OTC PINK OTC PINK Primary 
Large Local TV Station Owner Tegna Says NBCUniversal And Google Alum Michael Steib Will Succeed Dave Lougee As CEO This Summer
Tegna, one of the top local TV station owners in the U.S., says former NBCUniversal and Google exec Michael Steib will succeed David Lougee as CEO in August. After leaving his post as president, CEO and director, Lougee will become a senior advisor to the company.
Temu moves closer to Brazil debut with approval for tax benefit
SAO PAULO (Reuters) - Chinese e-commerce retailer Temu has been certified for a tax benefit program by Brazil's government that exempts goods up to $50 from import fees, according to the country's federal revenue office's website on Monday, bringing the company closer to expanding its business to Latin America's largest economy.WHY IT'S IMPORTANT Inclusion in Brazil's tax exemption program "Remessa Conforme" is an advantage most cross-border retailers have in the country. Local media have reported Temu has been preparing the groundwork to enter Brazilian markets for a few months, although little detail is known so far.CONTEXT Temu is a popular shopping app from China's Pinduoduo. Its rivals Shein, from China, and Shopee, owned by Singapore's Sea, are already huge online shopping platforms in Brazil.THE RESPONSE Temu did not immediately respond to a Reuters request for comment. Its Brazilian website address said on Monday that Temu's services should be available "soon" in the South American country. (Reporting by Luana Maria Benedito and Patricia Villas Boas; Editing by Chizu Nomiyama)
Middle Schoolers Attend Annual Girls in Tech Event Hosted by Northwestern Mutual
Originally published by CBS58MILWAUKEE, WI / ACCESSWIRE / May 20, 2024 / Northwestern Mutual hosted their annual Girls in Tech event Tuesday, May 14.Local middle schoolers gathered at the company's campus for interactive activities focusing on science, technology, engineering and math.Employee volunteers led the girls in activities such as guiding a "sphero-robot" through a maze with coding, learning about AI and data science, and general instruction about careers in tech.Continue reading hereView additional multimedia and more ESG storytelling from Northwestern Mutual on 3blmedia.com.Contact Info:Spokesperson: Northwestern MutualWebsite: Click Here [email protected]: Northwestern Mutual
Velez Declares Election Win In Belleville: 'Youngest-Ever Councilman'
BELLEVILLE, NJ — When Frank Velez lost his bid for a seat on the Belleville Township Council in 2020, he said the “best days were still ahead.” And now the 22-year-old may have proven his prediction correct in the 2024 municipal election. Belleville held a nonpartisan municipal election earlier this week. Read More: Belleville, Nutley 2024 Election Results (See Local Updates) On Thursday, Velez claimed victory in the race for town council against Victor Mesce and Gary Hinton in the town’s Second Ward. As of Friday, all districts were reported, except for 12.5 percent in the Second Ward, where Velez holds a 143-vote lead over Mesce (Hinton is trailing them in third place). Although the results are not certified and there are vote by mail and provisional ballots still left to count in the ward, the margin is apparently enough for Velez to declare himself the winner. Here’s what he wrote Thursday: Velez ran for town council in 2020, losing that contest to the incumbent, Steven Rovell. But he rebounded quickly, running for the Belleville Board of Education in 2021 – and capturing a seat with flying colors. With his victory, the then-19-year-old became the youngest person ever elected to the school board in the town’s history. When Rovell decided not to run for re-election in the Second Ward this year – saying that after five terms it was time to “step back” – it left a vacuum of power in the ward, which will apparently be filled by Velez if the incomplete election results stand. “Despite the deck being stacked against us, the voters of the Second Ward have sent a clear message: It’s time for a change,” Velez wrote Thursday. “From doing more for special needs families like mine, to standing up for our seniors and children, I will continue to be an independent voice for all Belleville families,” he continued. “I’m proud to also say I will become the youngest councilman in Belleville history, as well as the first Hispanic man to serve on the council. The significance of this victory does not escape me, and I promise I will continue to serve Belleville families on the council with the utmost dedication, passion, and respect for all.” “Together, we will move Belleville forward,” Velez added. Send local news tips and correction requests to [email protected]. Learn more about advertising on Patch here. Find out how to post announcements or events to your local Patch site. Don’t forget to visit the Patch Belleville-Nutley Facebook page.
