Wednesday, May 11, 2022
Today's Leasing News Headlines
Lesson of Time
Percent of Employees No Longer Working Remotely
Top 10 Metro Areas List Back at the Office
New Hires/Promotions in the Leasing Business
and Related Industries
Leasing Industry Ads
Spring into an Awesome New Job
What is No Longer Relevant in My Resume?
Career Crossroads---By Emily Fitzpatrick/RII
Stop Drinking the Kool-Aid,
Facebook Ads Don’t Work for Finance
FinTech #102 by Brittney Holcomb
Element Fleet Management Corp. First Quarter
Net Income was $93.6 Million
TimePayment Announces Acquisition of Wheaten Financial
Accelerating the Expansion of Commercial, Titled Vehicle Segment
Sudbury, Massachusetts Adopt-a-Dog
deBanked Broker Fair is Back - New York City
October 24, 2022, Marriott Marquis
These Always Sellout!
Willis Lease Finance Corporation Reports
First Quarter Pre-tax Loss of $27.7 Million
More than 10,000 Jobs Created or Preserved at California
Small Businesses through COVID-19 Micro Loan Guarantees
To fight climate change, California approves seaweed that
cuts methane emissions in cow burps - SF Chronicle, paywall
You May have Missed---
For Tens of Millions of Americans, the Good Times
Are Right Now
Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
www.leasingcomplaints.com (Be Careful of Doing Business)
Leasing News Icon for Android Mobile Device
California Nuts Brief---
"Gimme that wine"
This Day in History
Weather, USA or specific area
######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified. The source noted. When an article is signed by the writer, it is considered a “byline.” It reflects the opinion and research of the writer.
Percent of Employees No Longer Working Remotely
Top 10 Metro Areas List Back at the Office
Source: Kastle study
New Hires/Promotions in the Leasing Business
and Related Industries
Jon Biorkman was hired as U.S. Managing Director and Head, BMO Equipment Finance, a subsidiary of BMO Harris Bank, Chicago, Illinois. He is located in Greater Milwaukee. "He serves on the Board of Directors for the Equipment Leasing and Finance Association (ELFA)." https://www.linkedin.com/in/jonbiorkman
Ryan Brucker was hired as Vice President, Relationship Manager, Verdant Commercial Capital, Cincinnati, Ohio. "During the past decade, Brucker was a Vice President during his tenure at two national banks and was responsible for handling originations across the United States. At Verdant, he will continue to work closely with OEMs and Dealers across the Golf, Sports & Entertainment industry and provide financing to organizations such as public or private associations, golf courses, high schools, colleges, universities, and professional sports organizations."
Ulises Catalan was hired as Senior Director of Business Development, TrueCore Capital, Los Angeles, California. He is located in Irvine, California. Previously, he was Account Manager, Regents Capital (September, 2021 - January, 2022); Partners Capital Group, Account Executive, August, 2019, promoted November, 2020, Senior Account Executive, promoted January, 2021, Vice President of Sales. https://www.linkedin.com/in/ulises-catalan-61b66218b/
Emily Cole was hired as Account Executive, CCS Medical, Rochester, New York. Previously, she was at First American Equipment Finance, starting as Assistant Vice President, Healthcare Division, September, 2013; promoted August, 2018, Vice President, Healthcare Division. https://www.linkedin.com/in/emily-cole-b2366a32/
Adrienne Donald was hired as Senior Knowledge Manager, ZRG Partners, Rochelle Park, New Jersey. She is located in New York, New York." Strong professional with outstanding writing skills and deep knowledge of all facets of financial services."
Nate Jakway, CLFP, was hired as Vice President, Sumitomo Mitsui Banking Corporation, New York, New York. He previously was at First American Equipment Finance, starting May, 2015, as Assistant Vice President, Project Manager, promoted November, 2016 Assistant Vice President, Equipment Finance, promoted September, 2019, Vice President Equipment Finance (City National Support), promoted November, 2019, Vice President Equipment Finance (RBC Capital Markets). Certification: Certified Lease and Finance Professional, Issued April, 2017. https://www.linkedin.com/in/natejakway/details/experience/
Eric Notaro was promoted to Managing Director, Underwriting Americas, Global Jet Capital, Danbury, Connecticut. He joined the company March, 2016 as Underwriting Manager, promoted March, 2019, Director, Underwriting.
Doug Sylvia was hired as Managing Director, Chief Risk Officer, Equipment Finance, Wingspire Capital LLC, Brookfield, Connecticut. https://www.linkedin.com/in/douglassylvia/
Arjun Wickremasinghe was hired as Credit Analyst II, First Foundation, Inc, Irving, California. He is located in Corona, California. He previously was Account Manager, Blue Street Capital March, 2021 - February, 2022); Senior Credit Analyst, Partners Capital Group (August, 2020 - March, 2021); Credit Underwriter, Crossroads Equipment and Finance (January, 2019 - August, 2020); Credit Manager, Alliance Funding Group (August, 2015 - December, 2018). https://www.linkedin.com/in/arjun-wickremasinghe-09133725/
Help Wanted Ads
What is No Longer Relevant in My Resume?”
Career Crossroads---By Emily Fitzpatrick/RII
Question: I know resume preferences and expectations change throughout the years. Can you tell me what is no longer relevant or unnecessary in my resume ?
The purpose of any resume is for an employer to screen applicants with the goal of having a handful of candidates to move forward in the interview process. In general, you will want to keep your resume focused on skills and qualifications. Resumes these days are more concise than ever due to our diminished attention spans. Additionally, those with unique elements (e.g. icons, color schemes) are the ones that will stand out among the masses.
Do Not Include
- Long paragraphs without bullets: paragraphs jam-packed with text will be glossed over.
- Objective or summary statements in the resume (can be a separate item, e.g. Value Statement): Focus on what you can bring to the table, not what you want.
- Phrases like “Responsibilities or Duties Included:” state your accomplishments using action verbs.
- Irrelevant experience or positions over ten years. You may list these items towards the end of resume (there are caveats, contact us for advice).
- Embellished language: stick to specifics and facts.
- Personal information: e.g. religion, political affiliation, hobbies or interests which have no bearing on your career life.
- Insignificant academic achievements like GPAs below 3.0 (never list your high school unless you are a student or intern).
- Photographs on a resume are no longer acceptable
- Space fillers, e.g. “References Available.”
According to a CareerBuilder survey, here’s what employers want to see on a resume:
1. Customized for their open position: 61%
2. Accompanied by a cover letter: 49%
3. Addressed to the hiring manager or recruiter by name: 26%
4. Links to the applicant’s online portfolio or LinkedIn bio: 21%
Recruiters International, Inc.
Invite me to connect on LinkedIn
Also follow us on Twitter #RIIINFO
Career Crossroads Previous Columns
Stop Drinking the Kool-Aid,
Facebook Ads Don’t Work for Finance
FinTech #102 by Brittney Holcomb
Before any financial company decides where to spend its marketing dollars, it is imperative to really define the goals in terms of Branding or Lead Generation. That will determine what social ads may be beneficial.
One thing that studying different marketing channels has led me to believe is the misconception about social media advertising for lead generation, especially for B2B businesses.
An important factor to remember with social media is the audience that is active on those networks. If you were looking for a service pertaining to your finances, would you resort to Facebook for the answer? Most likely not. So why would you consider advertising in a space where your target audience isn’t spending their time?
Likes Do Not Equal Leads
We have over 200 clients within financial industry who have dabbled in the social ads realm resulting with no tangible results other than the fact that they can say they have 500 likes on Facebook…so what?
While consumers and business executives interact with financial companies on social media by liking, commenting, or following their posts, they are not necessarily interested in their ads. People don’t log on to social networks to search for products or services. They use social media to communicate with their friends and family.
Consumers and business executives are very hesitant to search for such a private matter like financial needs on social media. A sales cycle for a financial company is also much more complex than a ‘click and buy’ scenario like the majority of social ads offer.
If financial companies are looking to reach serious prospects for real time lead generation, they are better off utilizing a search engine pay-per-click (PPC) platform rather than social media ads. PPC advertising such as Google Adwords offers a much larger ROI for lead generation goals than running ads on any social network.
What Social Ads Can Do For Your Business
Social Media Marketing really falls under brand marketing rather than lead generation. Through branding on social networks, businesses are able to utilize the channel for promoting new products and allowing consumers a place to leave comments and reviews about the services.
Consumers do use social networks to research local businesses quite frequently, which can benefit you if your past customers leave good reviews about their experience.
Think of social media marketing as the modern day PR campaign. Use the platforms to create a voice and presence for your business.
So what’s the bottom line here?
Should your financial business have social profiles? Yes.
Should you advertise on social media networks hoping for leads? No.
Regardless of your main marketing goal, you should always build profiles on social networks for a few reasons:
1. To claim your company/brand name on that platform
2. To provide a channel for your clients to leave reviews about your services
3. For distributing your content marketing efforts to your audience.
However, when it comes to developing lead generation, social networks are not the answer. Spend your marketing dollars where you know your audience is spending their time when they are searching for services or products similar to yours.
Previous Financial Technology Articles
Element Fleet Management Corp. First Quarter
Net Income was $93.6 Million
Element Fleet Management Corporation, Toronto, Ontario, Canada reports 1st quarter income of of $93.6 million. First Quarter adjusted operating income of $142.9 million was $5.6 million higher than 1st quarter last year and $20.3 million higher than last quarter.
Jay Forbes, President and Chief Executive Officer of the Company, said, “Element's strong first quarter results are a testament to our people and their dedication to our clients. Their considerable efforts pivoting the business to growth over the last two years are evident in our first quarter financial performance.
"What's more, this improved performance is sustainable, hence our revised full-year 2022 guidance."
"Our people deserve further recognition for their ongoing efforts," Mr. Forbes added. "Element continues to work tirelessly with our clients in a challenging environment for automotive fleets. Utilization of Element services is intensifying, and we are responding by consistently delivering a superior service experience in support of our clients, their vehicles and their drivers."
Full Press Release:
##### Press Release ############################
TimePayment Announces Acquisition of Wheaten Financial
Accelerating the Expansion of Commercial, Titled Vehicle Segment
Burlington, Massachusetts --- TimePayment, an award-winning FinTech company and market leader in sales financing for specialty equipment sellers, has announced the acquisition of Wheaten Financial Inc., Irvine, California, an innovative and rapidly growing equipment finance company primarily focused on commercial vehicles and titled equipment. The transaction has closed and Wheaten will now operate as a wholly owned subsidiary of TimePayment. Aimee McChurch, Founder of Wheaten, will continue to lead the business out of its Irvine, CA headquarters.
Jay Haverty, TimePayment’s President and Chief Executive Officer, said, “Wheaten is a company we’ve admired for a while now and we’re excited to be adding this great business to our portfolio of niche-focused, strategic business units.
“Expanding our position in the specialty vehicle and titled equipment segments has been a priority. And Wheaten checks all the boxes. They bring outstanding leadership, a team with deep market knowledge and long-standing industry relationships, both at the dealer level and with the end users/operators they finance. Their track record speaks for itself.”
Hank Reeves, Chairman of TimePayment, adds, “The Wheaten acquisition is consistent with our strategy to add new asset classes to the mix of specialty markets that TimePayment serves. Wheaten’s market reach and growth trajectory in their verticals has been impressive. Our entire Board is excited and optimistic about the opportunities to further scale the business with technology and greater access to capital.”
Founded in 2007, Wheaten has steadily grown its market share since inception and more than tripled new loan originations over the past few years. As its Founder, McChurch sees the acquisition as a transformative opportunity for the company she built. “TimePayment truly presented everything that we needed to take us to the next level. The technology platform that they’re able to provide us with is second to none. We’ve always been a customer-first enterprise and TimePayment shares this passion. We need to keep growing to stay relevant to this industry, and we’ll now be able to reach far more customers and do it faster than ever.”
Haverty agrees. “It’s a great combination. Working with Aimee and her team, we’ll be able to serve more small-business owners than ever. We are simply a much more valuable company with Wheaten as part of our enterprise.”
TimePayment is a FinTech company owned by affiliates of Fortress Investment Group, a leading, highly diversified global investment manager. TimePayment leads the industry with technology tools and capital that enables equipment sellers and financial intermediaries to offer fast, paperless equipment lease financing to their customers. The company’s proprietary credit scoring and risk-based transaction model delivers competitive lease financing solutions across the credit spectrum; from Fortune 500 companies to small business start-ups. TimePayment proudly serves more than 100,000 active accounts with transaction sizes ranging from $500 to over $500,000.
#### Press Release #############################
Sudbury, Massachusetts Adopt-a-Dog
2.5 Years old
Meet Wally, a two year old Lab/Hound mix with a Lab personality. This handsome 55 pound happy boy is a snuggle bug who thinks he is a lap dog! He loves to play fetch, loves playing with other dogs, and has been at day care on a regular basis. He is a great dog to take on hikes. Also he LOVES the hose. Wally is completely house trained and is a very obedient in the house. Wally loves having humans around so he will need a family/home that is able to take time home for him to adjust. Someone who can work from home for a bit or is retired would be best. He does do well alone eventually, but will need time to adjust and some separation training in his new home. A yard is also a must - Wally loves to explore and sniff. He also does well on a leash for walks too. Wally is an incredibly good boy, who provides the best of both worlds. He loves to lounge and relax, but also loves to be active.
Apply at http://www.saveadog.org/applytoadopt.asp
Save a Dog
605 Boston Post Road
Sudbury, MSA 01776
This Broker Fair always sells out! Get Your Early Bird Price Now.
Broker Fair is coming back to New York City on October 24th at the New York Marriott Marquis in Times Square. Anticipated to be the biggest Broker Fair ever, brokers from the small business lending, commercial financing, revenue-based financing, leasing, factoring, and MCA industries, will come together in the heart of New York.
Broker Fair founder Sean Murray, stated, “It’s amazing to have participated in the industry’s growth over the last four years. Our first event launched in Brooklyn in 2018 and now the demand has brought us into a massive newly-renovated venue in the middle of Times Square.”
Brokers, lenders, funders, factors, equipment financiers, Fintechs, and the whole small business finance ecosystem can expect a full day of education, inspiration, and high quality networking opportunities.
Early bird registration has just opened.
For inquiries or questions, email email@example.com.
Broker Early Bird US$199
Funder/ Lender Early Bird US$999
General Admission Early Bird US$999
Preshow Reception *NOT INCLUDED WITH GENERAL SESSION TICKET* $150.00
Marriot Marquis Times Square
This Day in History
1647 - Peter Stuyvesant arrived in New Amsterdam to become governor.
1690 - In the first major engagement of King William's War, British troops from Massachusetts seize Port Royal in Acadia (Nova Scotia and New Brunswick) from the French.
1797 - The Columbia River, Oregon, is discovered by Captain Robert Gray, recognized as the first documented white person to sail into the Columbia River. He nor the people in its time of discovery knew its value. Gray was a fur trader, and actually poor at it, as he died a pauper. He had discovered and named much geography along the Pacific Northwest.
1846 - Congress declares war against Mexico at request of the President James Polk. At the time, the entire United States Army numbers only about 6,000 officers and men, eventually expanded to nearly 10,000 by war’s end. The bulk of the force needed to prosecute the war will come from the uniformed volunteer militia (forerunners of today’s National Guard) of the various states.
1855 - The oldest gambling house in San Francisco, the El Dorado, closed forever because of a new state anti-gambling law.
1858 - Minnesota entered the Union as the thirty-second state. Known as the "Land of Ten Thousand Lakes," Minnesota is the northern terminus of the Mississippi River and the westernmost point of an inland waterway that extends through the Great Lakes and the St. Lawrence Seaway to the Atlantic Ocean. The Ojibwe and the Dakota were among the Native peoples who first made this land their home. White settlement of the area began in 1820 with the establishment of Fort Snelling. In 1849, Minnesota became a US territory. The building of railroads and canals brought a land boom during the 1850s, and Minnesota’s population swelled from only 6000 in 1850 to more than 150,000 by 1857. Chiefly a land of small farmers, Minnesota supported the Union in the Civil War and supplied large quantities of wheat to the Northern armies. Originally settled by migrants of British, German, and Irish extraction, Minnesota saw a major influx of Scandinavian immigrants during the nineteenth century. Minnesota’s "Twin Cities" — Minneapolis and St. Paul — grew out of Fort Snelling, the center of early US settlement.
1862 - The Confederate ironclad CSS Virginia was destroyed by Confederate forces to prevent its capture by Union troops. The Virginia was built from the salvaged hull of the USS Merrimack. Two months prior to its destruction, the Virginia fought several Union ships in what became known as "The Battle of Hampton Roads."
1864 - Attempting to head off Union General Phil Sheridan's cavalry advance on Richmond, one of the South's greatest military strategists, Confederate General J.E.B. Stuart's cavalry encountered the Federals at Yellow Tavern, Virginia. It was a surprise encounter, not only changing the direction of the war, but Stuart was mortally wounded in the battle and died the following day. The loss of one of its most colorful and effective cavalry leaders was a great loss to the South. It also marked the first time that Sheridan, with Gen. Grant’s approval, was making his first independent cavalry action, surprising Stuart considerably. The battle did accomplish the delay of the Federal advance, delaying it long enough for the Confederates to strengthen the defense at Richmond, and Sheridan was forced to change his plans. In the wake of advancing Union troops in the Peninsular Campaign. The South was forced to destroy the valuable vessel and its manufacturing facility to prevent its capture by Union forces. The “History Channel” has an excellent series about these two warships.
1867 - Jefferson Davis is released on bail from prison where, since being captured on 10 May 1865, he was awaiting a treason trial that never would take place for having been President of the Confederacy during the US Civil War: the charges would be dropped on 25 December 1868.
1885 - Jazz musician Joseph Nathan "King" Oliver (d. 1938) born Aben, Louisiana.
1888 - American songwriter Irving Berlin (d. 1898) was born in Russia. He wrote nearly 1,000 songs and had his first hit in 1911 with "Alexander's Ragtime Band." Many of his best songs came from such Broadway musicals as "Call Me Madam" and "Annie Get Your Gun." Berlin also composed film scores, and many of his stage musicals were adapted for the screen. Among the best known of his songs are "White Christmas," "God Bless America" and "There's No Business like Show Business."
1889 - Major Joseph Wham and group of soldiers, carrying a military payroll of $29,000, were attacked by a dozen outlaws near Fort Thomas, Arizona Territory. After wounding more than half the soldiers and driving off the rest, the outlaws simply walked away with the entire payroll. A posse of lawmen rounded up various suspects who were later charged with the sensational robbery. Most of these suspects were Mormons with political connections and the accused men were defended by the famed lawyer Marcus Aurelius Smith. Major Wham and his men were unable to identify any of the dozen defendants in court and they were all acquitted. It was widely claimed that political pressure from the acting governor allowed the thieves to go free.
1894 - During the Depression of 1893, the Pullman Company handed out a hefty round of wage cuts. Though the cuts ate up 25 percent to 40 percent of workers' take-home pay, the company refused to lower its rents. In May of 1894, a group of workers implored company chief George Pullman to redress the situation. Pullman promptly fired three of the workers. The rail managers won the support of Federal and state troops, which led to a long and violent skirmish in early July. Pullman and the rail managers soon prevailed over the strikers, many of whom were subsequently barred from working in the rail industry.
1894 - Birthday of Martha Graham (d. 1991), Alleghany, PA. She is generally recognized as the woman who most embodied the movements of modern dance and who influenced American modern dance as a dancer, teacher, and choreographer. Her career spanned more than 60 years during which she created almost 200 works from solos to feature presentations.
1895 - Birthday of American composer William Grant Still (d. 1978) in Woodville, MS. Perhaps the best-known African-American classical composer of the 20th century, Still wrote 8 symphonies, 7 operas and more than 100 other works, included such important works as “Levee Land” and “Sahdji.” As the ClassicalMusicDetroit.com site notes, he was a pioneer in many ways: as the first Black person to conduct a major American symphony (the Los Angeles Philharmonic at the Hollywood Bowl in 1936), to have an opera (“Troubled Island” in 1949) produced by a major company, and to have an opera performed on television (“Bayou Legend,” posthumously, in 1981).
1898 - Sailors and Marines from USS Marblehead and USS Nashville cut trans-oceanic cable near Cienfuegos, Cuba, isolating Cuba from Spain. The operation was performed close to shore, directly under the guns of the enemy soldiers garrisoned at Cienfuegos. For more than an hour the small boats with their crews of brave young sailors and Marines endured the dangerous waters, the ever-present mines, the crash of large rounds, and small arms fire, to continue their task. On the U.S.S. Nashville, sailors who had not been selected for the mission continued to man the ship's big guns to cover their comrades. Finally, one of the cables was cut through. The shore end was dropped in place and one of the boats from the Marblehead towed the other end out to sea where it was dropped after another large section of cable was removed to make it harder to repair. Finally, the second cable was cut. A remaining smaller cable on the shore would have to be ignored. The badly battered sailors and Marines, in small boats barely able to remain afloat, turned to return to their warships. As they fought the seas, the enemy began finding their range. Large shells dropped closer and closer to the small sailing ships. For a few minutes, it looked as if all of the volunteers would be lost. In the distance, Lieutenant Dillingham turned the Nashville towards the shore, steaming ahead and then turning again to place his warship between the enemy on the shore and the retreating smaller boats of the cable cutting crews and their Marine guards. It was a bold act, exposing his ship to intense enemy fire, but for the badly battered volunteers, it meant the difference between life and death. The wounded were quickly taken aboard the warships for medical care. Many of the men had suffered wounds, several of them repeated wounds, and at least three were critical or fatal. All 52 men, 26 from each of the Marblehead and the Nashville, were subsequently awarded Medals of Honor.
1901 - Birthday of Gladys Rockmore Davis (d. 1967), NYC. U.S. artist who has works hanging in the Metropolitan Museum of Art.
1903 – Charley Gehringer (d. 1993) was born, Fowlerville, MI. All his nineteen years in the Majors were with the Detroit Tigers, he was AL MVP in 1937 and second in the MVP voting in 1934. A six-time All-Star, he was voted into the Baseball Hall of Fame in 1949.
1904 – Cy Young’s 23-inning no-hit string ended. The streak included two innings on April 25, six on April 30, a perfect game on May 5 and six innings today.
1904 – Salvador Dali (d. 1989) was born in Spain. A leading painter in the surrealist movement, he is equally well-known for his baffling antics and attempts to shock his audiences. The largest collection of his works resides at the Salvador Dali Museum in St. Petersburg, FL.
1910 - Glacier National Park in Montana was created by an act of Congress. With over one million acres, the park is home to many animals, including wolves, grizzly bears, and mountain lions, and over 1400 plant species.
1912 - Birthday of Phil Silvers (d. 1985), Brooklyn. Comedian and actor, who had one of the most popular 1950's TV show where he starred as Sgt. Bilko in “You’ll Never Get Rich.” He was on Broadway before and had a second TV show. He was also sought for his humor as a guest on many early 1960 TV shows. As a "Did you Know?” Silvers wrote the lyrics for Frank Sinatra's "Nancy (With the Laughing Face)."
1916 - Einstein's Theory of General Relativity was presented.
1927 - Birthday of Mort Sahl in Montreal, Quebec, Comedian, political satirist, beatnik, Sahl was one of a kind -- a razor-sharp trailblazer of biting, tremendous popular satirical comedy in the 1950s and 1960s.
1927 - The Academy of Motion Picture Arts and Sciences was founded by Louis B. Mayer. The first Oscars were for films produced in the first year of the Academy: 1927-28. (For the first 6 years, the awards were for films produced during the fiscal year, not the calendar year.) Among the first winners were Emil Jannings and Janet Gaynor for acting, and “Wings” for Best Picture.
1928 - WGY-TV in Schenectady, New York began the first schedule of regular TV programs. WGY offered programming to the upstate New York audience three times a week using the electronic scanning method.
1937 - Battle of the Bands between Benny Goodman and Chick Webb, Savoy, NY.
1938 - Birthday of American composer Harvey Sollberger, Cedar Rapids, IA.
1941 - Rock singer Eric Burdon, who first came to fame with the Animals during the 1960's British invasion, was born in Newcastle-on-Tyne, England. The Animals hit the top of the charts in both Britain and North America in the summer of 1964 with "House of the Rising Sun." When the original group broke up in 1966, Burdon began billing the band as Eric Burdon and the Animals. They began playing psychedelic songs, such as "San Franciscan Nights" and "Sky Pilot." In 1970, Eric Burdon fronted the funk band War for their number-one hit "Spill the Wine," but by the following year, Burdon and War had parted company.
1942 – “Go Down, Moses” by William Faulkner is published.
1943 - American troops invaded Attu Island in the Aleutians in an attempt to expel occupying Japanese forces. The island was the site of the only World War II land battle fought on an incorporated territory of the United States; its battlefield area is a U.S. National Historic landmark. A shortage of landing craft, unsuitable beaches, and equipment that failed to operate in the appalling weather caused great difficulties in protecting any force against the Japanese. Army vehicles would not work on the tundra. The Japanese defenders did not contest the landings, but rather they dug in on high ground away from the shore. This resulted in bloody fighting: there were 3,929 U.S. casualties while the death count for the Japanese was 2,035. The Japanese evacuated three months later.
1944 - *WAUGH, ROBERT T., Medal of Honor
Rank and organization: First Lieutenant, U.S. Army, 339th Infantry, 85th Infantry Division. Place and date: Near Tremensucli, Italy, 11-14 May 1944. Entered service at: Augusta, Maine. Birth: Ashton, R.I. G.O. No.: 79, 4 October 1944. Citation: For conspicuous gallantry and intrepidity at risk of life above and beyond the call of duty in action with the enemy. In the course of an attack upon an enemy-held hill on 11 May, 1st Lt. Waugh personally reconnoitered a heavily mined area before entering it with his platoon. Directing his men to deliver fire on 6 bunkers guarding this hill, 1st Lt. Waugh advanced alone against them, reached the first bunker, threw phosphorus grenades into it and as the defenders emerged, killed them with a burst from his Tommy gun. He repeated this process on the 5 remaining bunkers, killing or capturing the occupants. On the morning of 14 May, 1st Lt. Waugh ordered his platoon to lay a base of fire on 2 enemy pillboxes located on a knoll which commanded the only trail up the hill. He then ran to the first pillbox, threw several grenades into it, drove the defenders into the open, and killed them. The second pillbox was next taken by this intrepid officer by similar methods. The fearless actions of 1st Lt. Waugh broke the Gustav Line at that point, neutralizing 6 bunkers and 2 pillboxes and he was personally responsible for the death of 30 of the enemy and the capture of 25 others. He was later killed in action in Itri, Italy, while leading his platoon in an attack.
1945 - McKlNNEY, JOHN R., Medal of Honor
Rank and organization: Sergeant (then Private), U.S. Army, Company A, 123d Infantry, 33d Infantry Division. Place and date: Tayabas Province, Luzon, Philippine Islands, 11 May 1945. Entered service at: Woodcliff, Ga. Birth: Woodcliff, Ga. G.O. No.: 14, 4 February 1946. Citation: He fought with extreme gallantry to defend the outpost which had been established near Dingalan Bay. Just before daybreak approximately 100 Japanese stealthily attacked the perimeter defense, concentrating on a light machinegun position manned by 3 Americans. Having completed a long tour of duty at this gun, Pvt. McKinney was resting a few paces away when an enemy soldier dealt him a glancing blow on the head with a saber. Although dazed by the stroke, he seized his rifle, bludgeoned his attacker, and then shot another assailant who was charging him. Meanwhile, 1 of his comrades at the machinegun had been wounded and his other companion withdrew carrying the injured man to safety. Alone, Pvt. McKinney was confronted by 10 infantrymen who had captured the machinegun with the evident intent of reversing it to fire into the perimeter. Leaping into the emplacement, he shot 7 of them at pointblank range and killed 3 more with his rifle butt. In the melee the machinegun was rendered inoperative, leaving him only his rifle with which to meet the advancing Japanese, who hurled grenades and directed knee mortar shells into the perimeter. He warily changed position, secured more ammunition and reloading repeatedly, cut down waves of the fanatical enemy with devastating fire or clubbed them to death in hand-to-hand combat. When assistance arrived, he had thwarted the assault and was in complete control of the area. Thirty-eight dead Japanese around the machinegun and 2 more at the side of a mortar 45 yards distant was the amazing toll he had exacted single-handedly. By his indomitable spirit, extraordinary fighting ability, and unwavering courage in the face of tremendous odds, Pvt. McKinley saved his company from possible annihilation and set an example of unsurpassed intrepidity.
1945 - Off the coast of Okinawa, the carrier USS Bunker Hill was hit by two kamikazes, killing 346 of its crew. Although badly damaged, the ship returned to the U.S. under its own power. It was still under repair when the war ended. Aboard was radioman-gunner Paul Newman, later the award-winning actor and food entrepreneur, and Disney CEO Cardon Walker who was the only flight deck officer to survive the attack.
1946 - Jack Barry, a familiar face on TV game shows, hosted "Juvenile Jury" on WOR Radio in New York City. The show was such a hit after five weeks on the air that it debuted on the Mutual Broadcasting System coast to coast. Maybe Barry became a bit too familiar in 1959. It was "Twenty One," the enormously popular show that Barry hosted, that led to the Quiz Show Scandal that rocked television and the U.S. Congress.
1946 – Robert Jarvik was born in Midland, MI. Jarvik joined the University of Utah’s artificial organs program in 1971, then headed by Willem Kolff, his mentor. At the time, the program used a pneumatic artificial heart design by Clifford Kwan-Gett that had sustained an animal in the lab for 10 days. Kolff assigned Jarvik to design a new heart that would overcome the problems of the Kwan-Gett heart, eventually culminating with the Jarvik-7 device. Jarvik's name came to the forefront after the well-aired 1982 news coverage of the artificial heart implant. William DeVries first implanted the Jarvik-7 into retired dentist Barney Clark at the University of Utah on December 2, 1982 who lived another 112 days.
1946 - *TERRY, SEYMOUR W., Medal of Honor
Rank and organization: Captain, U.S. Army, Company B, 382d Infantry, 96th Infantry Division. Place and date: Zebra Hill, Okinawa, Ryukyu Islands, 11 May 1945. Entered service at: Little Rock, Ark. Birth: Little Rock, Ark. G.O. No.: 23, 6 March 1946. Citation: 1st Lt. Terry was leading an attack against heavily defended Zebra Hill when devastating fire from 5 pillboxes halted the advance. He braved the hail of bullets to secure satchel charges and white phosphorus grenades, and then ran 30 yards directly at the enemy with an ignited charge to the first stronghold, demolished it, and moved on to the other pillboxes, bombarding them with his grenades and calmly cutting down their defenders with rifle fire as they attempted to escape. When he had finished this job by sealing the 4 pillboxes with explosives, he had killed 20 Japanese and destroyed 3 machineguns. The advance was again held up by an intense grenade barrage which inflicted several casualties. Locating the source of enemy fire in trenches on the reverse slope of the hill, 1st Lt. Terry, burdened by 6 satchel charges launched an l-man assault. He wrecked the enemy's defenses by throwing explosives into their positions and he accounted for 10 of the 20 hostile troops killed when his men overran the area. Pressing forward again toward a nearby ridge, his 2 assault platoons were stopped by slashing machinegun and mortar fire. He fearlessly ran across 100 yards of fire-swept terrain to join the support platoon and urge it on in a flanking maneuver. This thrust, too, was halted by stubborn resistance. 1st Lt. Terry began another 1 -man drive, hurling grenades upon the strongly entrenched defenders until they fled in confusion, leaving 5 dead behind them. Inspired by this bold action, the support platoon charged the retreating enemy and annihilated them. Soon afterward, while organizing his company to repulse a possible counterattack, the gallant company commander was mortally wounded by the burst of an enemy mortar shell. By his indomitable fighting spirit, brilliant leadership, and unwavering courage in the face of tremendous odds, 1st Lt. Terry made possible the accomplishment of his unit's mission and set an example of heroism in keeping with the highest traditions of the military service.
1947 - B.F. Goodrich, from Akron, Ohio, announced the development of the tubeless tire.
1950 - After fans boo him for misplaying a ball, Ted Williams makes an inappropriate digital gesture three times (once to left, once to center, and once to right) to the Red Sox fans sitting in the outfield stands. During his next at bat, as the booing continues, the Splendid Splinter becomes the Splendid Spitter as Williams steps out of the box to spit at fans to show his displeasure.
1953 - A devastating F5 tornado tore through downtown Waco, Texas. 114 people were killed and 597 were injured. Total damage was $41 million. Another tornado (F4) virtually leveled 15 square blocks of San Angelo, Texas with 13 people killed and 159 injured.
1953 - No. 1 Billboard Pop Hit: "The Song from Moulin Rouge," Percy Faith Orchestra/Felicia Sanders.
1955 - Top Hits
“Cherry Pink and Apple Blossom White” - Perez Prado
“Unchained Melody” - Les Baxter
“Honey-Babe” - Art Mooney
“In the Jailhouse Now” - Webb Pierce
1955 - With the help of an Ernie Banks' grand slam, the Cubs snap the Dodgers' 11-game winning streak, 10-8. The bases-filled homer will be Mr. Cub’s first of five on the year.
1956 - Birthday of American composer Jane Ellen in California. Jane has received 20 consecutive annual awards from ASCAP; she has also won several national competitions. Commissioned by numerous performers and ensembles over the years, she is perhaps proudest to have received a commission from the Canossian Daughters of Charity, FdCC, for a hymn on the occasion of the canonisation of St Josephine Bakhita in Rome, in 2000.
1957 - The Everly Brothers make their debut on "Grand Ole Opry" in Nashville, Tenn.
1957 - It's safe bet that San Francisco will have a Major League team playing next season, The Chronicle learned. The team will probably be the New York Giants, who will transfer their long-standing feud with the Brooklyn Dodgers to California. The present plan calls for the Giants to move into Seals Stadium for the 1958 season and into a 70,000-seat stadium at South Basin near Hunters Point in 1959 that would become Candlestick Park.
1957 – Buddy Holly and The Crickets auditioned for “The Arthur Godfrey Show” and were rejected.
1959 - Twenty-three-year-old Carol Burnett made her musical comedy debut in “Once upon a Mattress” at the Phoenix Theatre in New York City. Only eight years later, the talented comedienne would star in her own Emmy-winning TV musical variety program.
1959 - Dave "Baby" Cortez' "The Happy Organ" hits #1
1961 - President Kennedy approves sending 400 Special Forces troops and 100 other US military advisers to South Vietnam. On the same day, he orders the start of clandestine warfare against North Vietnam to be conducted by South Vietnamese agents under the direction and training of the CIA and US Special Forces troops. Kennedy's orders also called for South Vietnamese forces to infiltrate Laos to locate and disrupt communist bases and supply lines there.
1963 - Top Hits
“I Will Follow Him” - Little Peggy March
“Puff the Magic Dragon” - Peter, Paul & Mary
“If You Wanna Be Happy” - Jimmy Soul
“Lonesome 7-7203” - Hawkshaw Hawkins
1963 – Sandy Koufax of the Dodgers pitched the second of his four no-hitters, defeating the San Francisco Giants, 8-0. The only baserunners were two walks.
1964 - No. 1 Billboard Pop Hit: "My Guy," Mary Wells. It is the first No. 1 hit for the Motown label.
1964 - Britain's latest hot group, the Rolling Stones, are nonetheless refused service for lunch at Bristol, England's Grand Hotel because they're not properly attired in jackets and ties. The next day, the Daily Express calls them "the ugliest group in Britain" and remarks, "The Rolling Stones gather no lunch."
1965 - Liza Minnelli opened in "Flora the Red Menace." The musical ran for only 87 performances at the Alvin Theatre.
1966 - The 1.6 inch snow at Chicago, IL, was their latest measurable snow of record. Previously the record was 3.7 inches on the 1st and 2nd of May set in 1940.
1968 - "The Birds, the Bees and the Monkees," which was certified gold upon its release in April, enters the LP charts at #80. In one week, pushed by the singles "Daydream Believer" and "Valleri," it will jump to #3.
1969 - Beginning of one of the most infamous battles that signified the growing frustration with America’s involvement in the Vietnam War. Attempting to seize Dong Ap Bia Mountain, American troops repeatedly scaled the hill over a 10-day period, often engaging in bloody hand-to-hand combat with the North Vietnamese. After finally securing the objective, American military decision makers chose to abandon it and the North Vietnamese retook it shortly thereafter. The heavy casualties in the struggle to take the hill inspired the name “Hamburger Hill.”
1970 - Sammy Davis, Jr. marries his third wife, Altovise Gore, a dancer in his current Broadway hit “Golden Boy.” The Rev. Jesse Jackson presides; the couple would remain married for the rest of Davis' life.
1970 – The group, The Chairmen of the Board, not Sinatra, received a gold record for the hit "Give Me Just a Little More Time." The Detroit group recorded three other songs in 1970, with moderate success.
1970 - Lubbock, Texas was struck by a tornado rated F5 on the Fujita Scale. 26 people were killed and 500 were injured. The total damage was estimated at $135 million which was considered conservative. 600 apartment units were destroyed along with 430 houses. 250 businesses were damaged or destroyed. 80 percent of the windows in the downtown area were broken.
1970 - The triple album "Woodstock" soundtrack is released on Cotillion Records. The document of the epochal rock festival will go gold within two weeks. The soundtrack L.P. to the original Woodstock festival was released. The three record set featured many of the top Rock artists of the time, including Jimi Hendrix, Crosby, Stills, Nash and Young, Joe Cocker and The Who.
1971 - Top Hits
“Joy to the World” - Three Dog Night
“Never Can Say Goodbye” - The Jackson 5
“I Am...I Said” - Neil Diamond
“How Much More Can She Stand” - Conway Twitty
1972 - The Giants trade Willie Mays to the Mets for right-hander Charlie Williams and $50,000 cash. The ‘Say-Hey Kid’, who is clearly past his prime, returns the city where he brilliantly began his Hall of Fame career.
1972 - John Lennon makes another celebrated guest appearance on ABC-TV's “Dick Cavett Show” and casually tells Cavett that he believes the FBI is wiretapping his phone in order to gather evidence for his deportation. As it turns out, he's entirely correct.
1973 - Charges against Daniel Ellsberg for his role in the "Pentagon Papers' case were dismissed.
1974 - Steely Dan's "Rikki, Don't Lose That Number" is released.
1974 - Three Dog Night's "The Show Must Go On" reaches #4 on Billboard's Hot 100 and #1 on the Cashbox best sellers chart. The song turns out to be the band's final Top Twenty hit and their last Gold single.
1974 - Elvis Presley plays a show at the Los Angeles Forum, attended by members of Led Zeppelin who were also in town for a gig. Upon learning of his famous fans, Elvis turns to his backup band after a somewhat sloppy opening number and jokingly admonishes them: "Wait a minute. Let's see if we can start together, fellas, because we’ve got Led Zeppelin out there. Let's try to look like we know what we’re doing." Afterwards, the band meets Elvis backstage and is more than a little star struck; Zeppelin manager Peter Grant and Elvis spontaneously swap their expensive watches, and then Robert Plant, just before the meeting breaks up, finally summons up the courage to sing Elvis' 1956 hit "Love Me." Elvis joins in for a few bars.
1975 - Eighty thousand turn out in New York's Central Park to celebrate the end of the Vietnam War.
1978 - Brigadier General Margaret A. Brewer became the Marine Corps' first female general officer. She was assigned Director of Information, Headquarters Marine Corps. Brewer had been Director of the Women Marines, the seventh and last women's director, succeeding Colonel Sustad on 1 February 1973. During Brewer's tenure, the Women Marine Corps was disbanded and all women were made a part of the regular Marine Corps.
1979 - Top Hits
“Reunited” - Peaches & Herb
“Music Box Dancer” - Frank Mills
“Stumblin’ In” - Suzi Quatro & Chris Norman
“Backside of Thirty” - John Conlee
1979 - Peaches and Herb, the sweet-singing soul duo, receive a platinum record for "Reunited," a Number One hit for four weeks.
1981 - Heavyweight boxing challenger Gerry Cooney left former champ Ken Norton on the ropes and unconscious after 54 seconds of the first round at Madison Square Garden in New York City.
1981 - The Andrew Lloyd Webber musical "Cats" opened in London. The composer had to mortgage his house to help finance the $1.1 million production. Since then, "Cats" has grossed more than one billion dollars in more than a dozen countries, including Canada. On May 11th, 1989, "Cats" became London's longest-running musical, playing its 3,358th performance. And on January 29th, 1996, it set the world record for longevity with its 6,138th performance.
1985 - Scott Brayton turned in the fastest lap ever at the Indianapolis Motor Speedway. Brayton was traveling at 214.199 MPH in the third lap of qualifying. Duane ‘Pancho’ Carter grabbed the pole position for that years Indianapolis 500. Carter entered the history books with a speed of 212.583 MPH for four qualifying laps around the 2.5 mile track at Indy.
1987 – The first heart-lung transplant was performed by Dr. Bruce Reitz of the Stanford University School of Medicine.
1987 - Top Hits
“(I Just) Died in Your Arms” - Cutting Crew
“Looking for a New Love” - Jody Watley
“With or Without You” - U2
“The Moon is Still Over Her Shoulder” - Michael Johnson
1988 - Unseasonably warm weather prevailed in the southwestern U.S. Reno, NV, reported a record high of 89 degrees.
1988 - On the occasion of his 100th birthday, legendary Tin Pan Alley songwriter Irving Berlin is serenaded by a crowd of fans singing his standards outside his New York apartment. Celebrities from Frank Sinatra to Isaac Stern, Ray Charles to Leonard Bernstein paid musical tribute to Irving Berlin on his 100th birthday. The Carnegie Hall concert ended with all the performers singing "There's No Business like Show Business." Berlin himself did not attend but members of his family were there.
1989 - Roy Orbison was inducted into the Songwriters' Hall of Fame at a ceremony in New York. Eric Clapton presented the award to Orbison's widow, Barbara.
1990 - Unseasonably cold weather followed in the wake of a spring storm in the north central U.S. Seven cities reported record low temperatures for the date, including Madison, WI with a reading of 29 degrees. Thunderstorms produced severe weather in Kansas, Oklahoma and the northern half of Texas. Severe thunderstorms spawned four tornadoes in Texas.
1990 - Singer Ritchie Valens ("La Bamba," "Donna") receives a posthumous star on Hollywood's Walk of Fame.
1994 - The Justice Department approved Novell's plans to purchase WordPerfect Corporation on this day in 1994. Novell also bought Borland's spreadsheet business, in an attempt to create a suite of office applications to compete with Microsoft Office. Novell's ownership of WordPerfect lasted less than two years.
1997 - U.S. box office receipts to date for the film “Jerry McGuire,” starring Tom Cruise and Cuba Gooding, Jr., had climbed to $150,850,000; “The English Patient” had brought in $76,259,531. Top box office producer on this date, however, was George Lucas's re-released science fiction classic, “Return of the Jedi,” which had a reported accumulated U.S. box office gross of $308,453,687; trailing behind it was the re-released “The Empire Strikes Back,” with an accumulated gross of $290,158,751.
1997 - IBM's supercomputer Deep Blue made chess history by defeating Gary Kasparov, the first time a reigning world champion had been bested in a match by a machine.
1999 - After two years of work, Columbia Records released Latin heartthrob Ricky Martin's fifth album, a self-titled cross-over to English. This album was a calculated decision, and the album's first hit, "Livin' La Vida Loca" shot to the top of the charts. Martin's third and fourth solo efforts went gold. His fourth album "Vuelve" had sold more than 6 million copies worldwide.
2003 - In his last at-bat on the current home stand, 38-year-old first baseman Rafael Palmeiro drives a 3-2 fastball thrown by Indian hurler David Elder to become the second player this season and 19th overall to hit his 500th career home run. The 370-foot shot over the right field wall at The Ballpark in Arlington makes Raffy the first native of Cuba to reach the coveted milestone.
2004 - After missing yesterday's game to become to become an American citizen, Red Sox left fielder Manny Ramirez, much to the delight of the Fenway faithful, leads his teammates out of the dugout waving an American flag to celebrate his first day as a citizen of the United States. As the 31-year native Dominican Republic comes to bat, “America” by Neil Diamond is played over the PA system.
2004 - In Pittsfield, MA, city officials and historians released a bylaw dating back to 1791 which they believe is the earliest written reference to baseball. The 213-year-old document, used to protect the windows in the town's new meeting house by prohibiting anyone from playing baseball within 80 yards of the building, was uncovered by baseball historian John Thorn while doing research on the origins of baseball.
2005 - Strong thunderstorms affected parts of the U.S. Great Plains. In the Hastings, Nebraska area, significant severe weather occurred, including very large hail, damaging winds and widespread flooding. Radar estimated rainfall accumulation locally exceeded 10 inches.
2006 - Hideki Matsui’s streak of playing in every game since starting his MLB career with the Yankees in 2003 ends at 518 games as the left fielder breaks his left wrist attempting to make a diving catch. Going back to his days in Nippon Pro Baseball, he had appeared in 1,768 consecutive games after playing in 1,250 straight for the Yomiuri Giants from 1993-2002. The 31-year Japanese star established the big league record for consecutive games to start a career, surpassing Hall of Fame infielder Ernie Banks, who played in 424 contests at the start of his playing days with Cubs from 1953-56.
2012 - A memorial service was held for San Diego Chargers' Junior Seau; his #55 was retired by the team. Seau committed suicide with a gunshot wound to the chest earlier this year at the age of 43. Later studies by the NIH concluded that Seau suffered from Chronic Traumatic Encephalopathy (CTE), a type of chronic brain damage that has also been found in other deceased former NFL players. On April 22, 2015, a final settlement was reached between players and the NFL in the case involving head injuries. Terms include payments to be made by the NFL for $75 million for "baseline medical exams" for retired players, $10 million for research and education, as well an uncapped amount for retirees "who can demonstrate that they suffer from one of several brain conditions covered by the agreement", with total payments expected to exceed $1 billion over 65 years. In September 2015, researchers with the Department of Veterans Affairs and Boston University announced that they had identified CTE in 96 percent of NFL players that they had examined and in 79 percent of all football players. On March 14, 2016, the top NFL official, Jeff Miller, publicly admitted that there is a link between football and CTE at the roundtable discussion on concussions.
2015 - Two art works set world records at a Christie's auction in New York, with Pablo Picasso's painting 'Women of Algiers Version O' selling for $160 million and Alberto Giacometti's sculpture 'Pointing Man' selling for $141.3 million.
2016 – The Washington Nationals’ Max Scherzer tied the Major League record by striking out 20 in the Nats’ 3-2 win over the Detroit Tigers, his former team. Scherzer did not walk a batter and of his 120 pitches, 98 were strikes. He would go on to a 20-7 record, winning the Cy Young Award to become the 6th pitcher in history to win it in each league.
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