Latest news with #Commissioner
Yahoo
4 days ago
- Business
- Yahoo
NFL Commissioner Roger Goodell to be Honored at the Ad Council's 71st Annual Public Service Award Dinner
NEW YORK, June 24, 2025 /PRNewswire/ -- The Ad Council announced today that Roger Goodell, Commissioner of the National Football League (NFL), will be honored with the organization's prestigious Award for Public Service at its 71st annual Public Service Award Dinner on December 4, 2025, at the Glasshouse in New York City. "Roger's visionary leadership has not only transformed the NFL into a global force for good, but also elevated the power of sports to unite, inspire and drive meaningful change. His commitment to community and public service embody the very spirit of our mission at the Ad Council and we're proud to celebrate a leader who proves that some of the biggest plays can happen off the field," said Lisa Sherman, President and CEO of the Ad Council. Roger Goodell has served as the Commissioner of the NFL since September 1, 2006, following a career that began in 1982. Over the years, he held key roles across departments, eventually being appointed the league's first Chief Operating Officer in 2001. As Commissioner, Goodell has overseen remarkable growth, with the NFL expanding its global reach, revenue and fan engagement. He has prioritized player health and safety through new rules and better equipment. Goodell has also negotiated long-term media deals with CBS, ESPN/ABC, FOX, NBC and Amazon, bringing Thursday Night Football to streaming, and spearheaded groundbreaking deals with YouTube for NFL Sunday Ticket and Netflix for the NFL's Christmas games. Under his leadership, the NFL remains the most widely accessible professional sport, with nearly 90 percent of games available on free television (including in the competing teams' home markets) and record-breaking viewership. Goodell has also championed the league's commitment to public service—advancing cultural connection, supporting military families and frontline workers and launching initiatives that promote mental health, education and social justice across communities nationwide. The NFL has been a proud partner of the Ad Council for more than 25 years, including playing a leading role in major campaigns like the COVID-19 Vaccine Education Initiative, "Love, Your Mind" Mental Health Initiative and other critical social impact programs. "On behalf of the NFL, it's an honor to be recognized by the Ad Council, an organization that has long championed the power of communication and media to drive positive change," said Goodell. "Alongside NFL players and clubs, we embrace our responsibility to use our platform to make a meaningful and sustainable impact in communities across the country and world." The Ad Council's Public Service Award Dinner is the organization's largest fundraising event, bringing together leaders from the media, marketing, advertising and technology industries. The 2024 Dinner raised over $9.2 million to support the Ad Council's national social impact campaigns. Previous recipients of the Ad Council's Award for Public Service include CEO of The Walt Disney Company Bob Iger, Chairman and CEO of JPMorgan Chase Jamie Dimon, Walmart CEO Doug McMillon, Verizon Chairman and CEO Hans Vestberg, former Chairman and CEO of Johnson & Johnson Alex Gorsky, former Chairman and CEO of IBM Ginni Rometty and former CEO of PepsiCo Indra Nooyi. This year's event will be co-chaired by the incoming Chair of the Ad Council's Board of Directors Rita Ferro, President, Global Advertising at The Walt Disney Company and the Ad Council Board Member Tim Ellis, CMO of the National Football League. For more information and to purchase tables or tickets, please visit the event website. ABOUT THE AD COUNCILThe Ad Council convenes creative storytellers to educate, unite and uplift audiences by opening hearts, inspiring action and accelerating change. For more than 80 years, the nonprofit organization and its partners in advertising, media, marketing and tech have been behind some of the country's most iconic social impact campaigns – Smokey Bear, Friends Don't Let Friends Drive Drunk, Tear the Paper Ceiling and many more. To learn more or get involved, visit join the Ad Council's communities on Facebook, Instagram and LinkedIn, and view campaign creative on YouTube. View original content to download multimedia: SOURCE The Ad Council Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Review Geek
6 days ago
- Entertainment
- The Review Geek
Good Boy – K-drama Episode 8 Recap & Review
The Aimless Bullet Episode 8 of Good Boy begins with Han-na narrating how some days feel like a stray bullet. That stray bullet has well and truly pierced Han-na's heart though, as she and Dong-ju wind up kissing, which obviously is where the last episode closed out. Han-na lets Dong-ju stay the night but he winds up sleeping in while she heads out to work. Han-na has a big day ahead of her, given it's the community day with the police at the Insung Metropolitan Police Agency. The whole team are there, doing what they can to entertain the kids. The commissioner is still pissed though, but he's doing a little better thanks to Dong-ju giving him a massage. As a result he gets a 30 day suspension. In that time though, the team decide to take this one step at a time, rather than going right for the big players. Tio begin with, they're going to focus on the drugs and the supply route of materials seized from Bbong-pil. However, Yeon-ha and the others are starting to grow impatient with Ju-young. The ships leave in a week and they need their gear out on the streets but right now, there's a transport delay. Ju-young is arrogant and claims he likes seeing Dong-ju and the others squirm, but his cockiness could be his undoing. As he heads to Insung Port to oversee the ephedrine, the team figure out its location too. Now, Man-sik has been itching like crazy and they also figure out that he's been bitten by red fire ants. These ants were found at the port last year too. The ants came in with the cargo that passed through Russia, which is the same route the Ephedrine came in. Given the risk, they call in an extermination team to do a quarantine sweep. The team show up dressed as quarantine workers, but they're not alone. Yeon-ha is here too and the group quickly handcuff her. She tries to wind up Jong-hyeon and even begins seizing on the ground too. Yeon-ha manages to get away, while the group find the ephedrine in her absence. Unfortunately, Jong-hyeon winds up bitten but he's allergic to the bites. Jong-hyeon is crazed and begs them not to inject him (given he's scared of needles) so Dong-ju knocks him out and they inject him all the same, in a rather humorous turn of events. The team show up back at HQ with the drugs and get a celebratory meal out of it, but there's no after-party for Dong-ju. Jong-hyeon lets Dong-ju stay in his spare room, with boxes piled high. As he looks through the boxes though, Dong-ju finds old newspaper clippings of Jong-hyeon's career and how it ended thanks to an eye injury during fencing. The stick went right through his face and into his eye, which happens to be the same side that Dong-ju punched him on. Ju-young is pissed when he finds out what's gone down, and the group look to him for inspiration over what to do next. He decides to try and get it back, intercepting the drugs en-route to the secured facility. Meanwhile, we find out that Lee Gwang-se isn't actually dead. The hair transplant guy is still alive, given the shot missed him. Leo received a call from his mama at the time and promised her he wouldn't go against her wishes. Ju-young though is not so righteous as he tasks Gwang-se to tell the team exactly what's been said at this meeting. He does as instructed, and the team are now convinced that Min has a mole inside the agency so they need to figure out who that is. Unfortunately, Ju-young is playing 4D chess here. The Commissioner gave the order to pull the riot police away to city hall to quell a protest, leaving the transport severely under protected. With only a light team to protect it, the transport heads through Jungdong Tunnel, and is prompted ambushed. The group come under attack, one after another, and they all find themselves forced to fight. Jae-hong's car is flipped upside down, while the others all have their own battles to contend with. Although Dong-ju manages to come out on top VS a whole gang of motorcyclists, the fate for everybody else is still unclear, leaving everything on an agonizing cliffhanger. The Episode Review The fight at the end of Good Boy is easily one of the best moments of the whole K-drama. Seeing the team each fighting their own battles, with slightly different weapons or styles, works so well to show their own growth and how these misfits have come together. That is a brutal cliffhanger to end this week's double-bill of episodes on though and after yesterday's rather slow chapter, this one absolutely floors it with a pulsating episode of comedy shenanigans, plot progression and action. Seeing more context around Jong-hyeon's past is a nice touch too, while Ju-young's plan appears as if it's going to come off without a hitch… but things are a bit different this time. Not only has Dong-ju managed to come out of his fight on top, he looks ready to jump in and help the others too. However, I'm not sure if everybody will make it through to the other side. Maybe it's a bit of a wild prediction here but the show feels like it needs one of the team members to be killed off to really ratchet up the tension to the highest level possible. Whether the writers actually would go this far or not though, is debatable. However, even without that, Good Boy has been a super enjoyable watch and that ending makes next week's double-bill a must-watch. Previous Episode Next Episode Expect A Full Season Write-Up When This Season Concludes!
Yahoo
18-06-2025
- Politics
- Yahoo
Gov. Ivey appoints Grayson Murray to Franklin County Commission to fill late father's seat
FRANKLIN COUNTY, Ala. (WHNT) — Governor Kay Ivey has appointed Grayson Murray to fill his late father's seat on the Franklin County Commission. Ivey made the announcement on Tuesday, appointing Murray to serve as Franklin County Commissioner for District 1. Grayson Murray, at just 20-years-old, has a personal connection to the role, having been inspired by his father's dedication to public service and commitment to the people of Franklin County. 'Commissioner Michael Murray was a humble, hardworking public servant who made a strong impression in his short time on the Franklin County Commission,' said Governor Ivey. 'It is clear the same spirit of service lives on in his son, Grayson. Grayson is driven, capable and ready to continue the work his father began. I am proud to appoint him to carry on that legacy.' Grayson is currently pursuing his bachelor's degree at the University of North Alabama. Grayson stated that he felt a calling to step up after witnessing his father's passion for serving others. 'I am honored to be appointed to continue what my dad started,' said Murray. 'Dad was very passionate about Franklin County, and I was lucky to have learned that same passion from him. I am looking forward to getting started in this role, and I want to thank everyone for the support that I have received to get to this point.' Commissioner Michael Murray was sworn into office November 2024 and served until his passing May 2025. The appointment of Grayson Murray is effective immediately. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Forbes
18-06-2025
- Business
- Forbes
New Self-Employment Tax Risks For U.S. Investors In Global Funds
A new Tax Court ruling is a warning for U.S. limited partners in global funds, imposing new ... More self-employment (SECA) tax risks. U.S. limited partners in foreign funds like Cayman or Luxembourg partnerships must ensure passive roles to avoid costly SECA tax liabilities. The U.S. Tax Court decided Soroban Capital Partners LP v. Commissioner (T.C. Memo 2025-52) in May 2025 leaving financial, tax and legal advisors concerned. The court upended assumptions about the self-employment tax exemption for limited partners in hedge funds, and by analogy to venture capital, and private equity partnerships both in the U.S. and abroad. U.S. citizens and green card holders who are limited partners in hedge funds or similar businesses, including those in foreign countries, should understand the effects of this decision. The case signals a shift away from a state or local law definition of a 'limited partner' toward a more comprehensive evaluation of the partner's actual role to determine if the 'limited partner' exclusion from Self-Employment Contributions Act taxes should apply. The Soroban court applied a 'functional analysis test' to determine whether limited partners' distributive share of partnership income is subject to SECA taxes. The decision has far-reaching SECA implications for how limited partners will structure their roles and manage their tax obligations. This article explores the Soroban ruling, what it means for U.S. limited partners, especially for those working with hedge funds or other businesses abroad that use a limited partnership structure. First, it is helpful to understand generally why funds often use a limited partnership vehicle. A limited partnership for U.S. purposes is comprised of both general and limited partners. General partners manage the fund and have unlimited liability. Limited partners contribute capital, and their liability is limited to their investment. The limited partnership structure is tax transparent for U.S. tax purposes, meaning it provides pass-through taxation of income, credits and deductions to its partners. The partnership entity itself is not subject to U.S. income tax, and the partners report their distributive shares on their individual U.S. tax returns. The structure also provides significant flexibility in governance. For all these reasons, the limited partnership is often ideal for private funds. Self-employment income is taxed at a rate of 15.3% (12.4% for Social Security and 2.9% for Medicare). A SECA exclusion exists under Internal Revenue Code Section 1402(a)(13) for a limited partner's distributive share of partnership income. The Tax Court rejected the notion that state law classifications of limited partners should be determinative for purposes of this exclusion. Instead, it applied a functional analysis test to Soroban's limited partners and concluded that these partners were 'limited in name only.' As such, the limited partners' distributive share did not qualify for the SECA exclusion. The court carefully examined the activities of the limited partners and found they were heavily involved in generating the partnership's income by overseeing day-to-day management, working full-time for the business, and that marketing material listed them as essential to the success of the partnership. In addition, the capital contributions made by the limited partners were viewed as insignificant when compared to the fees Soroban charged. This comparison suggested that the limited partner's distributive share was not a passive return on investment but rather compensation for active participation. The label 'limited partner' alone, is not enough to guarantee the SECA exclusion. Instead, the functional analysis test requires a thorough analysis of the facts and a careful examination of the partner's role in the enterprise. The factors include how integral the partner is in generating revenue, the degree of participation in the business, whether the partner is working full-time in the business, whether marketing materials indicate the partner plays a key role and whether the partner's capital investments truly reflect a passive investment. For U.S. limited partners, particularly those in hedge funds or other investment vehicles, the Soroban holding invites the IRS and courts to closely scrutinize the actual activities of limited partners to determine SECA liability. While the Soroban case focused on a U.S. hedge fund, its principles can apply to any partnership structure in which U.S. citizens or green card holders are limited partners. The holding can apply to a vast range of industries operating globally where U.S. partners are contributing expertise and management. Private equity firms, venture capital funds, and other businesses often use a limited partnership structure. A limited partner in an overseas real estate partnership or tech startup fund could face scrutiny if the role involves active management or income generation. Only truly passive investors are meant to benefit from the SECA exclusion and while local law will be important in the analysis, the IRS will be looking beyond any local law label of 'limited partner' to scrutinize eligibility. Various jurisdictions have limited partnership structures closely resembling the U.S. model. The most popular jurisdictions having limited liability for limited partners as well as generally having flow-through tax treatment include the Cayman Islands, British Virgin Islands, Luxembourg, Hong Kong and Ireland. While these jurisdictions appeal to global funds because of their tax and regulatory regimes which parallel the U.S. in important respects, limited partners should be ready to consider a heightened compliance burden given the holding in Soroban. Adding to the additional possible tax burden, the U.S. limited partner abroad will be unhappy to learn that self-employment income subject to SECA tax is not reduced by the foreign earned income exclusion. U.S. limited partners should reassess their involvement in the partnership to make sure they qualify as passive investors entitled to the SECA exclusion. This may mean a significant reduction of day-to-day management responsibilities or restructuring their roles to emphasize capital investment over active participation. For U.S. limited partners in foreign funds, the statute of limitations for SECA tax assessments is generally three years from the due date or actual filing date of the income tax return, whichever is later. However, the statute of limitations for tax matters can be extended several years and even indefinitely, depending on the facts. Crucially, if a U.S. partner fails to file a required foreign information return, such as Form 8938 (Statement of Specified Foreign Financial Assets) or Form 8865 (Return of U.S. Persons With Respect to Certain Foreign Partnerships), the statute of limitations does not start for the entire tax return. This gives the IRS the ability to assess SECA tax at any time in the future. U.S. limited partners should be proactive and planning for a possible IRS challenge to a claimed exclusion from SECA. U.S. limited partners should first consult an experienced tax advisor to assess their involvement in the fund and optimize tax outcomes. Next, meticulously document management roles, time commitments, and public representation to ensure compliance with IRS scrutiny and minimize the risk of tax exposure. Partnership agreements should be examined. If feasible, partnership agreements may need to be amended to clarify the role of limited partners as passive investors, emphasizing capital contributions over operational involvement. Limited partners who blur the line between passive investment and active management could find a surprising increase in their U.S. tax liability with their distributive shares subject to SECA taxes. The Soroban case may be appealed, and staying informed on this topic is critical. Investors should be looking out for any future IRS guidance or legislation that might refine the functional analysis test. I help with tax matters around the globe. Reach me at vljeker@ Visit my US tax blog
Bloomberg
17-06-2025
- Business
- Bloomberg
FDA Announces New Vouchers to Cut Drug Reviews to Two Months
The US Food and Drug Administration announced a new national priority voucher plan that aims to cut drug review times to one to two months for companies it says are backing national interests. The Commissioner's National Priority Voucher program will slash review times from the current average of 10 to 12 months, the agency said in a statement on Tuesday. In the first year of the program, the FDA plans to give the vouchers to a limited number of companies 'aligned with U.S. national priorities,' it said.
