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May 19, 2024
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Business Briefs

Edward Jones hosts Long Term

Care Seminar

Gilroy – Michele Ing, Investment Representative from Edward Jones Investments in Gilroy is hosting a Long Term Care Seminar Thursday, Oct. 19. This seminar examines the major misconceptions regarding long-term care insurance and how long-term care cost are funded. The seminar also focuses on what long-term care costs are funded and how long-term care insurance can help protect a portfolio from long-term care expenses.

Details: Diane Green 842-6943.

New staff at Cherisse’s Hair Salon & Day Spa

Morgan Hill – Carolyn Fisher and Patricia DiSalvo join staff as Estheicians at Cherisse’s Hair Salon & Day Spa.

Trained at Gavilan Hills College, Fisher completed a 600-hour program prior to receiving her certification from the State of California in January.

Bridal and prom makeup are a specialty for Fisher, who works with women to find the colors that most complements their skin tone. “Whenever photography is involved, such as for a wedding or a prom, you don’t want people to say, ‘That’s pretty eye shadow.’ You want them to say, ‘You have pretty eyes,’ said Fisher. Whose goal is to bring out a woman’s natural beauty.

DiSalvo, also attended Gavilan, completed her training in 1999. While both provide facials, waxing services, eyebrow and eyelash tinting, and skincare analysis and treatments. DiSalvo offers a specialized facial lymphatic massage for people who suffer from allergies or sinus problems.

“Being an esthetician is very gratifying. It’s an ever changing field and I love staying up with my education to help people look and feel their best,” said DiSalvo.

Salinas Valley native and horticulturalist to be honored by UC Davis ag college

Davis – Gary Hudson, founder and president of the horticultural consulting firm Hudson & Associates, will be honored with a Award of Distinction from the UC Davis College of Agricultural and Environmental Sciences (CA&ES) Oct. 13.

The award is presented annually to a handful of recipients whose contributions and achievements enrich the image and reputation of the college and enhance its ability to provide public service.

Hudson grew up in King City and attended high school there. He still has family in the area. Hudson also was a long-time resident of Gilroy, where he was once president of the Chamber of Commerce and a local school board member.

“Gary Hudson has the gift of bringing people together and fostering collaboration,” said UC Davis Arboretum Director Kathleen Socolofsky. “He is a dynamic leader with broad experience, immense creative energy, and an extensive network of connection in the horticultural field, both nationally and internationally.”

Stanford seeks $4 billion in fundraising drive

Palo Alto – Stanford University officials have unveiled the largest university fundraising drive in the nation, a push to generate $4.3 billion over five years.

The campaign announced Tuesday is the largest ever for one university, according to John Lippincott, president of the Council for Advancement and Support of Education, surpassing a $4 billion effort announced by Columbia University last month.

The money, equivalent to the annual gross domestic product of Bermuda, would fund faculty salaries, student scholarships, computers, libraries, labs, classrooms and buildings.

The funds would also support several new initiatives to study human health, the environment and international affairs.

Stanford has already raised almost $2.2 billion in early gifts to the campaign, dubbed The Stanford Challenge.

Twenty-seven U.S. universities have recently undertaken capital campaigns of $1 billion or more.

Stanford in 1992 became the first university to pass the $1 billion fundraising mark.

To name a Stanford building, a donor will need to contribute at least $100 million. An endowed professorship costs $4 million to $5 million.

Report said buyout bid raised for Harrah’s Entertainment

Las Vegas – Casino operator Harrah’s Entertainment and spokesmen for two private equity firms declined Wednesday to confirm a report that the world’s largest casino company received a sweetened buyout bid amounting to more than $15.5 billion.

The New York Times, citing people involved in the negotiations, reported that Apollo Management and Texas Pacific submitted the increased bid this week to the Harrah’s Entertainment board. The sources said the board had rejected an initial cash offer of $15.05 billion.

That initial offer was worth $81 a share; the new offer values the company at between $83 to $84 a share.

If the deal goes through, it would be the largest ever buyout in gambling history.

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