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Witch, dragon symbols of 125-year-old Biloxi Peoples Bank MARY PEREZ, The Sun-Herald FacebookTwitterEmail Chevis Swetman, chairman of The Peoples Bank, holds a proclamation presented by the city of Biloxi, Miss. to commemorate the 125th anniversary of the bank. (Mary Perez/The Sun Herald via AP)Mary Perez/AP BILOXI, Miss. (AP) The Peoples Bank in downtown Biloxi opened 125 years ago last Month, and has what probably no other bank in the world can claim. The bank’s official logo is a Biloxi lugger boat, adopted in 1956. Yet its “mascots” are a gargoyle with the body and glare of a dragon and a witch on her broomstick weathervane. ....
US troops fire a Javelin missile during a demonstration for Lithuanian observers. The Baltic republic is acquiring more of the ATGMs. (Photo: US Army/Staff Sgt Keith Anderson) Existing FMS customers will obtain additional FGM-148 Javelin ATGM systems. The Javelin JV between Raytheon and Lockheed Martin has obtained another modification from the US Army to its full-rate production contract for the FGM-148 Javelin weapon system. Under the latest $175.94 million modification, the JV will produce ATGMs for FMS customers Lithuania and Taiwan. Work will be performed in Tucson, Arizona, with an estimated completion date of 30 November 2023. According to data from the Stockholm International Peace Research Institute, Lithuania received 160 Javelin missiles between 2003 and 2020 and 750 were delivered to Taiwan between 2005 and 2020. ....
Hank Huckaby dies at 79 after unparalleled Georgia career JEFF AMY, Associated Press FacebookTwitterEmail FILE - In this Oct. 10, 2011 file photo, University System of Georgia Chancellor Henry Hank Huckaby sits in his office during an interview in Atlanta. Huckaby died Wednesday, April 14, 2021 at age 79 after an unparalleled career in Georgia government and higher education, having served in many other posts including as Gov. Zell Miller’s budget director.David Goldman/AP ATLANTA (AP) Hank Huckaby, for decades a consummate insider called on by Georgia governors from both parties to oversee finances and make tough choices, died Wednesday at age 79. Huckaby s death was announced by Gov. Brian Kemp and House Speaker David Ralston. ....
Exide invests ₹40 crore in Exide Leclanche Energy April 13, 2021 To pick-up a over 2.5 per cent stake in its joint venture company Automotive battery-maker Exide Industries has invested ₹40 crore to pick-up an over 2.5 per cent stake in its joint venture company, Exide Leclanche Energy Pvt Ltd. The investment was made to meet “various funding requirements” of the subsidiary. Exide Leclanche is involved in the manufacture, assembly, trade, sale and distribution of lithium ion batteries, module making and associated systems. Post the investment, Exide’s stake in its lithium-ion JVC will increase to 82.71 per cent. The company said it invested an amount aggregating to ₹39,99,99,999 by way of subscription to the equity share capital of its subsidiary, Exide Leclanche Energy Private Limited adding that 1,90,47,619 equity shares of ₹10 each were acquired at a premium of ₹11 each. ....
The JV will develop and make seat components, complete seats and related interior components. VW and Brose will each hold a 50% share in the new business which currently employs 5,200 at six locations in Germany, Poland and China and generates EUR1.4bn in sales a year. The JV plans to double volume to meet its own needs and become an independent supplier to other carmakers. Brose executive vice president Thomas Spangler will be CEO. The deal is expected to boost Brose Group revenue to EUR9.7bn by 2025 and increase workforce to 34,000 people. A comprehensive agreement has now been signed. The two companies expect the JV will likely receive antitrust law approval in the second half of 2021 . ....