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Motorola Has a Pocket-Size Cellular Phone
Motorola Inc. introduced a dramatically smaller cellular telephone Tuesday that can be carried in a purse or coat pocket.
The device, half the size of any other portable cellular model, is about as wide and long as a checkbook. It is about as thick as a fat wallet at the earpiece while tapering down to half the thickness of a deck of cards at the mouthpiece.
The phone has a shorter-than-usual battery life. The 10.7-ounce model has a 30-minute rechargeable battery, while the 12.3-ounce one has a 75-minute battery. It needs no wires or base to operate.
The device, called the Micro Tac Personal Telephone, is expected to retail for $2,995 and be available six weeks after being ordered. Motorola officials said they were taking orders immediately.
“This is a new category of cellular--the personal cellular,” said Jim Bernhart, vice president and director of distribution for Motorola’s cellular subscriber group. “We view it as the wave of the future.”
Officials of the Schaumburg, Ill.-based company would not reveal development costs for the new device, but said the company had invested about $350 million in development of cellular telephones.
Bob Weisshappel, Motorola vice president and director of the North American subscriber division, said the device has the identical range to the company’s larger, Dynatac portable.
Cellular telephones work as radio transmitters and receivers. Metropolitan areas offering cellular service are divided up into sections called cells, with each cell containing a receiving-transmitting antenna to connect many calls simultaneously with the local phone system.
According to the Cellular Telecommunications Industry Assn., the United States has about 2 million cellular subscribers. Nearly 839,000 subscribers were added in 1988, the association said.
In the last six months of 1988, cellular service revenue was $1.07 billion, and the average monthly cellular phone bill was $98.02, the association said.


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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Friday July 19.
14 Earnings To Watch In The Week Ahead: McDonald's (NYSE:MCD), Netflix (NASDAQ:NFLX), DuPont (NYSE:DD), Apple (NASDAQ:AAPL), Ford (NYSE:F), Pepsico (NYSE:PEP), Facebook (NASDAQ:FB), Boeing (NYSE:BA), Celgene (NASDAQ:CELG), 3M (NYSE:MMM), Bristol Myers (NYSE:BMY), Amazon (NASDAQ:AMZN), Weyerhaeuser (NYSE:WY). Other stocks mentioned: United Health (NYSE:UNH), Lockheed Martin (NYSE:LMT).
Cramer discussed 14 earnings reports to watch in the week ahead.
McDonald's (MCD) is expected to report a weak number, but the company is doing many things right. Look out for a buying opportunity.
Netflix (NFLX) is hard to game prior to earnings. If it reports outstanding growth, the stock should be fine.
DuPont (DD) may not report great earnings, but Nelson Peltz said last week he liked the stock and implied that it should spin off its paint business. Cramer would buy on a dip.
Apple (AAPL) has been miserable but now has company with the decline of other tech names. It can work its way higher if management announces a killer new product and a release date.
Ford (F) will go higher if management says Europe is under control.
Pepsico (PEP) is a company Nelson Peltz said should be broken up into a snack and beverage division. Cramer wants to hear management defend the business model. After its recent rise, the stock could be ahead of itself.
Facebook (FB) is a hated stock. Last quarter management reported an upside surprise and the stock still got hammered. Cramer doesn't think the stock will get love in the near term no matter what management says.
Boeing (BA) is a great play on the long-term aerospace cycle. Management has a 20 year growth plan and a huge backlog.
Celgene (CELG) has many drugs in the pipeline, so be prepared for raised numbers. Even though it has doubled in the past year, the biotech space has been "the most in favor I have ever seen it."
3M (MMM) played a significant role in the Dow's bull run. Cramer would ring the register on some of a position, because he is nervous about the impact China's slowing has had on 3M.
Bristol Myers (BMY) is a read on the cancer pipeline, and is a pharma that is acting more like a hot biotech.
Amazon (AMZN) is a "cult" stock, which means earnings may not matter; people trade AMZN on emotion. The best time to buy Amazon is after the sellers come in. Weakness in cult stocks usually equals a buy.
Stanley Black & Decker (NYSE:SWK) and Weyerhaeuser (WY) are both excellent housing stocks. Cramer agrees with John Paulson that housing is back. Cramer would be careful buying either too far ahead of their earnings, however, because some data next week might affect housing.
Cramer took some calls:
United Health (UNH) is still a buy even though Medicare Advantage Program might be cut. The stock is still too low.
Lockheed Martin (LMT) is a best-of-breed defense stock.
Cypress Semiconductor (CY) makes touch screens for most non-Apple smartphones. It also produces programmable systems chips. The company has many ways to take market share, and it beat earnings by 7 cents. The stock has rallied 25% since Cramer last spoke to the CEO on January 25, and has tripled since Cramer got behind it in 2008. With a 3.5% yield, it is more shareholder friendly than many tech stocks. T.J. Rodgers explained the sudden upsurge in demand for CY's chips. Smartphone users are buying additional phones, because they are having to charge their more sophisticated phones frequently. T.J Rodgers says the company has visibility at least for the next quarter. It is designing the dashboard for Tesla (TSLA), which will involve touch screens. "You called the bottom last time and delivered," Cramer told Rodgers. "Stick with Cypress."
CFO Interview: Jack Hartung, Chipotle: Mexican Grill (NYSE:CMG)
Chipotle Mexican Grill (CMG) saw a huge decline from $450 to $230 on worries its growth was slowing. Recently, it has been working its way back up to $400 on strong earnings, including a 5.5% increase in same store sales. The company has opened 44 new locations and is celebrating its 20th anniversary. CFO Jack Hartung says he is not worried about short-term swings in stock price as long as the company is performing. The company continues to find ways to deliver high quality ingredients without raising prices; "We haven't raised prices in 2 years." However, he admits creating a menu completely free of GMOs will be a challenge, and there might be a necessity for a slight increase in prices, but only after this goal has been accomplished. When asked if management is planning on expanding its Shophouse East Asian Noddle concept, Hartung noted a new store opening in LA, plans to open a few stores, but for now, the concept is being "nurtured" and not aggressively expanded. "CMG has been consistent," Cramer said.
Canadian solar (CSIQ) has strong fundamentals, but has had an enormous move. Cramer would ring the register.
Xerox (XRX) has been moving into tech outsourcing, a segment that now produces half of its revenues. It has rallied 40% so far this year. Cramer likes it.
Nokia (NOK) gave weak earnings, but the stock didn't decline. Cramer thinks NOK could have a 20% move.
Cramer says his call on Valero (VLO) was widely misunderstood. He is not overly bullish on VLO, he simply said he didn't see a reason to sell it on its huge decline. He doesn't want to own Tesoro (TSO).
Jim Cramer's Action Alerts PLUS: Trade right alongside a Wall Street pro! Start your 14-day FREE trial today.
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domain: news


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According to the CDC, 69 percent of US adults are overweight or obese. How did this happen? In a long article in the current Atlantic, David H. Freedman offers a mechanistic explanation: people are ingesting too many calories, particularly “energy-intense” fat, sugar, and “other problem carbs.” The simple diagnoses leads to an easy solution: the food industry should apply its flavor-engineering wizardry to churn out lower-cal product that people will still scarf up, preserving its own bottom line while solving the obesity crisis. Indeed, he writes, this remedy is already playing out under our noses:
“Popular food producers, fast-food chains among them, are already applying various tricks and technologies to create less caloric and more satiating versions of their junky fare that nonetheless retain much of the appeal of the originals, and could be induced to go much further.”
Among the examples Freedman cites are McDonald’s Egg White Delight McMuffin, a “lower-calorie, less fatty version of the Egg McMuffin’; a “new line of quarter-pound burgers, to be served on buns containing whole grains,” and Carl’s Jr’s “Charbroiled Atlantic Cod Fish Sandwich.”
And what of food-industry critics like Michael Pollan and Mark Bittman, who who urge people to eat “real food” and reject highly processed fare, even in low-cal versions? They—we I guess I should say we—are part of the problem.
How? First of all, the “real food” we push includes—gasp—fat. “Many of the dishes glorified by the wholesome-food movement,” Freedman frets, “are as caloric and obesogenic as anything served in a Burger King.” He reports watching aghast as Bittman, appearing on the Today Show, whipped up a “lovely dish of corn sautéed in bacon fat and topped with bacon.” He adds: “Anyone who thinks that such a thing is much healthier than a Whopper just hasn’t been paying attention to obesity science for the past few decades.”


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For Sale By:Dealer
Number of Cylinders: 8
Model: El Camino
Sub Model: El Camino
Exterior Color: Black
Interior Color: Black
Lynnwood, Washington, United States
We're set to record Autoblog Podcast #321 tonight, and you can drop us your questions and comments regarding the rest of the week's news via our Q&A module below. Subscribe to the Autoblog Podcast in iTunes if you haven't already done so, and if you want to take it all in live, tune in to our UStream (audio only) channel at 10:00 PM Eastern tonight.
Discussion Topics for Autoblog Podcast Episode #321
Unibody Ford Ranger replacement
With all of the attention given to the 2014 Chevrolet Corvette Stingray lately, you could be forgiven for thinking that it's already well along in production, yet tooling up for the new C7 has only just begun. In fact, production of the outgoing C6 generation in Bowling Green, Kentucky just halted on Thursday.
As the C6 has aged, production numbers have predictably ebbed along with demand, but this year, the addition of the 427 and 60th anniversary models resulted in an uptick in vehicles built - this, despite a model year shortened by around 25 percent to accomodate the new model changeover. The final C6 Corvette ever, No. 13,466 built this year, was a white 427 Convertible destined for the General Motors Heritage Center museum. The car's 7.0-liter V8 heart was assembled by Corvette chief engineer Tadge Juechter himself.
In total, Bowling Green pushed out 215,100 C6 Corvettes over nine years. If you're still a C6 fan at heart and are hoping to get a good deal on a phase-out model, step lively - Chevrolet reportedly had about 6,100 unsold units, which Autoweek suggests is good for around five and a half months of supply at the model's current sales rates. Given that demand will likely slacken even further as the C7 draws closer, that should be a big enough stockpile to keep dealers satisfied until 2014 Stingrays begin showing up on their forecourts in December.
For a concept car built to promote an animated movie about a snail that wants to go racing, this thing ain't half bad. The outsized monster you see before you started life as a Chevrolet Camaro ZL1, and then went through a big-time Hollywood makeover before being positioned on the Chevrolet stand here in Chicago.
This 2013 "Turbo" Camaro Coupe is getting the promotion machine ratcheted up for a new DreamWorks tale by the name of, you guessed it, Turbo. Coming this summer, the movie will follow one snail's quest to become a race driver worthy of making the cut at the Indy 500. Like many DreamWorks vehicles before it, we're guessing that the petrolhead snail will star in a movie that adults (especially racing fans) with have no trouble watching with their kids. Check out the trailer below to see if you agree.
As for the car, we're told that it is "instrumental" in transforming Turbo from snail into racer. Helping the beastly pony car in this mighty task, is an ankle-cracking front splitter matched by a ungodly huge rear wing out back, a COPO hood and a supercharged (yes, supercharged) V8 engine making more than 700 horsepower. 24-inch wheels all the way around - 10-inches wide in front and 15-inches wide in back - should allow the "Turbo" Camaro to hook up with ease, as well.


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Why So Many Small Businesses Are Paying For Facebook Ads?
Are the days of free social media for promotion over? Here's why large companies are abandoning free posts to Facebook.
Are The Days Of Free Social Media For Promotion Over?
Here’s why large companies are abandoning free posts to Facebook in favor of paid ads.
In 2014 and early 2015, a number of surveys asked marketers to rate the value of Facebook to promote their business (both in terms of paid and unpaid content). The overwhelming results were that companies saw little or no value from content they posted in the new feed. That is, unpaid posts had less engagement, or no engagement, compared to 2013.
However, companies that paid for ads, or paid to promote posts, were able to track engagement, sales or both. Engagement is some kind of action, comments, likes, click-throughs, a generated lead, website visit or a sale.
It seems then, that Facebook is becoming pay-to-play.
And this is not lost on small businesses who are seeing less traffic from their website and SEO (search engine optimisation) strategies. As small business owners spend more and more time posting content to social media, they are increasingly seeing lower, or no, results. They too are talking with other business owners who are running ads on Facebook.
Big or small, a lot of companies are realizing that ads on Facebook work. And they are much cheaper than adwords (Google’s keyword bidding system). For a very low cost, Facebook is returning results taken your content strategy fits your audience.
Free Advertising Isn’t Free
Some consultants are recommending the business spend as little as a pound a day to run ads. Facebook will target people who are likely to engage with the ad. The cost is so low, that many small business are realizing that it’s affordable and effective.
Even if not at first, many owners realize they are spending too much time trying to use social media to get business. With any paid advertising, once you have a ad that works, you can run it again and again without any time commitment. You just let it run.
And this is the rub. Free advertising isn’t free - it often costs time. Which would be OK, if it produced results. But today, posting to social media is becoming less effective and paid advertising is becoming the only way to rise up over the noise of competing messages, and reach a target audience. And Facebook as emerged as the lowest cost way to do that.
But this is no panacea. As advertisers are seeing more engagement from paid Facebook ads, Facebook rates are beginning to rise. What will be interesting to see is if Google AdWords rates start to decline. Likely they won’t, but don’t expect a rise in their rates any time soon. Google may be stuck with it’s current rates as Facebook takes an increasing share of the ad currency.
While this article may seem like I am promoting Facebook ads, I’m not. If you own a website, ask yourself if you are getting better results from free social media posts than last year? Or worse? And how much time are you spending trying to get traction on all those social media sites? If you calculate the value of your time, how much is it costing you?
With that number you can ask yourself if advertising on social media sites is more or less expensive than free.
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The domestic running shoes currently develops a lot, not only Li Ning, Anta, Peak, Hongxing, has launched a new running shoes, recently 361 carbon bolts running shoes spy photos are also exposed to the network. So what about the new carbon bolts running in 361
Nike Masks for Men
? Let\’s take you a look at you!
361 Carbon Board running shoes spy photos exposure
Recently opened a new carbon bolt running shoes, this new sports shoes are mainly orange and black Nike Shoes Air Max 720
Patients, and the upper foot effect is also very good. At present, this new color has not yet released the specific release information. The friends who like the friends may wish to pay more attention, and Xiaobian will continue to pay attention to everyone
Nike Tights Women
361 how to run shoes
361 running shoes is quite good, not only look good, but the quality and running performance is quite good, the focus is that he is not expensive, ordinary The citizens can bear. The words running shoes are very light, very comfortable. When we are more and more Chinese manufacturing and high quality, we have long, we should abandon the \\\”colored glasses\\\” wearing the past to see domestic sports brand products, 361 ° international line for many years. Professional running shoes may be the most suitable for Chinese people!
361 How many kilometers can be running in running shoes
361 running shoes can usually run 400 to 800 kilometers, or very good in domestic shoes rankings, quality and Li Ning How much difference. 361 shoes are very comfortable, 361 shoes are better in the famous national brand, the price is reasonable, it is better in China\’s sports brand, large, reliable.


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U.S.-listed Chinese internet and electric vehicle shares are rallying sharply again in premarket trading on Monday amid reports that Chinese officials are easing pandemic restrictions.
China is easing some of the world’s strictest anti-virus controls, and authorities say the new variants are weaker. On Monday, passengers in Beijing and at least 16 other cities were allowed to board buses and subways without testing for the virus in the previous 48 hours for the first time in months. Industrial hubs including Guangzhou near Hong Kong have reopened markets and businesses, lifting most travel restrictions while maintaining restrictions on businesses residential areas with infected people.
Hopes of reopening the country’s economy helped send US-listed shares of Alibaba Group Holding Ltd.
posted its biggest monthly gain in seven years in November, while the Golden Dragon China ETF
enjoyed its biggest monthly gain since September 2007.
Among the big gainers ahead of Monday’s premarket was the US-listed stock of Bilibili Inc.
up 16.8%, iQiyi Inc.
up 8.7%, Huya Inc.
increased 6.1%, and Baidu Inc.
up 4.9%. U.S. custody shares of Alibaba and JD.com Inc.
both increased by 4.8%.
U.S.-listed shares of Chinese electric vehicle companies joined the strong pre-market rally on Monday, with Nio Inc.
up 8.0%, XPeng Inc.
up 14.9%, and Li Auto Inc.
increased by 5.6%.
China’s easing of COVID-19 regulations could also benefit American companies. For example, Apple Inc. warned that production disruptions in China could affect iPhone 14 Pro shipments in the current quarter, and analysts are wondering how that momentum will play out during the key sales season. on holiday and into next year.
The Wall Street Journal news on the weekend Apple has “accelerated plans” to move some of its production outside of China, to India and Vietnam.
“The shift away from China will not be easy and [will] Wedbush analyst Daniel Ives wrote in a Sunday note to clients.


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Police in the Arlington Heights area and northwest suburbs were looking for two female black suspects in a burgundy vehicle after Kildeer police notified police statewide that two suspects were wanted for retail theft. The two females were suspects involved in a retail theft case at an Ulta store in Kildeer, involving a loss of about $800 of products. Staff at the Arlington Heights Ulta store, 456 East Rand Road,who were alerted about the suspects by the Kildeer store staff, reported that they were in the Arlington Heights store about 4:58 p.m. Friday. They reported that no theft occurred in the Arlington Heights store. The two suspects left the Arlington Heights store driving a burgundy passenger car described as having Iowa license plates.
An alert Arlington Heights police officer spotted the vehicle at southeastbound Rand Road near Thomas Street, and described the vehicle as a burgundy Nissan Versa with three people occupying the car.
Arlington Heights police were committed to a traffic stop with the vehicle at about 5:05 p.m. at a golf cart path at Rolling Green Country Club, just off of Rand Road.
Police were sorting out the details of the case with Kildeer police and the Kildeer Ulta store last night. No word on arrests of the suspects.


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Dino Poland is continuing its growth by focusing on energy independence and is investing in its own photovoltaic installations. The popular supermarket chain has signed a new agreement with ESOLEO, the renewable energy solutions provider belonging to the Polsat Plus Group. Now, PV micro-installations on the roofs of another 250 DINO stores across Polan will join the 500 solar power plants that, thanks to ESOLEO, already power the chain’s supermarkets throughout Poland. Ultimately, there are to be even more installations.
“It is private business that is driving the energy transition in Poland. By investing in renewable energy, companies not only cut costs and free themselves from unpredictable electricity prices, but also reduce the amount of CO2 emissions: the sun provides us with the true energy of freedom,” says Krzysztof Dziaduszyński, Member of the Boad at ESOLEO. “Dino leads by an inspiring example responsibly taking the control over its electricity bills into its own hands, without waiting for others,” he adds.
ESOLEO carries out investments for Dino Poland through a multi-stage process aimed at ensuring that the installations take advantage of the characteristics of each building and that they are safe for long-term usage. Each project is tailored individually to the needs and technical conditions of the store in question. This consists of, among other things, an audit, which is carried out using drones.
The cooperation with DINO is yet another important project in ESOLEO’s portfolio, in addition to e.g. the 70 MWp photovoltaic farm in Brudzew, launched at the end of October 2021, which the Polsat Plus Group owned company build for the ZE PAK Group. It was the first such large-scale farm in Poland.
“Carrying out the energy transformation requires comprehensive renewable energy solutions – and ESOLEO provides them, from micro-installations for individual prosumers, through projects for companies on corporate buildings and land, to large-scale photovoltaic farms,” Dziaduszyński sums up.
DINO Poland is among the fastest-growing chains of medium-sized grocery supermarkets in Poland – both in terms of the number of stores and sales revenue.


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Denpasoft's Lunar New Year Sale Arrives
Denpasoft celebrates the Lunar New Year with a sale.
Denpasoft’s 2018 Winter Sale is Here
Publisher Denpasoft has started a sale for a whole assortment of items on their store to spread some holiday cheer.
Denpasoft's 2018 Autumn Sale is Underway
English eroge publisher Denpasoft's annual autumn sale has started, featuring a plethora of titles on sale at huge discounts.
Denpasoft's Summer Sale 2018 Is Underway
Digital goods store Denpasoft is getting ready for summer with an offering of discounted titles.
Denpasoft Begins This Year's Spring Sale
Publisher Denpasoft has just begun its Spring sale, with discounts on all sorts of school-themed games to celebrate the new school year in Japan.
Hoshizora no Memoria -Wish upon a Shooting Star- Now Out on Steam and Denpasoft
Sekai Project and Denpasoft have released visual novel eroge Hoshizora no Memoria -Wish upon a Shooting Star- on Steam and Denpasoft's storefront.


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Sash window specialists Roseview Windows have released a new brochure aimed at helping their trade customers break into the heritage and conservation market.
The brochure showcases the fabricator’s G Award-winning Ultimate Rose, the industry-renowned timber-alternative uPVC sash window accepted for use in numerous conservation areas. Incorporating run-through sash horns and timber-style mechanical joints on the frame and sash, the Ultimate Rose has been used to compliment historical buildings all around the country – including Parkwood Hall School in Kent, Brighton General Hospital and Ross on Wye’s Castle Lodge hotel.
“Most people find it hard to tell the difference between Ultimate Rose and traditional timber,” said Roseview Managing Director, Willie Kerr. “The woodgrain finishes, slim-sightlines and putty-effect glass lines all combine to form the most authentic-looking uPVC sash currently on the market. But that doesn’t mean we’ve compromised on performance – they also come ‘A’ rated as standard and are Part Q compliant, achieving Secured by Design standard in sizes up to 1400 x 2400mm.”
Roseview’s brochure comes as just the latest initiative from a fabricator with a track record of flying the flag for sash windows. Accepted into the prestigious Glass and Glazing Federation earlier this year, Roseview is already heavily involved in the body’s Traditional Window Group – with MD Willie Kerr taking a lead in promoting uPVC sash windows to conservation officers and local authorities.
“Our stylish new brochure has been specifically designed to help our trade customers capitalise on growing opportunities within the heritage sector,” Willie continued. “As old-style timber windows in conservation areas degrade, and property owners seek replacements for newer windows inappropriately installed in heritage properties, there’s a lot of business available for installers offering the right product. Rose Collection windows aren’t just for older properties, though – they’re an ideal fit for affluent customers looking for a luxurious, vintage aesthetic.”
Founded in 1977, Roseview was the UK’s first manufacturer of uPVC sash windows. Today the fabricator operates from a 30,000 square foot facility in Olney, Buckinghamshire, recently extended to include a 2,500 square foot factory used to carry out intricate processes such as mechanically jointing frames and polishing welds. The company’s much-celebrated Rose Collection also includes the Heritage Rose, which like the Ultimate Rose is based on REHAU’s Heritage System, and the Charisma Rose, based on Eurocell’s Charisma system.
For more information call Roseview on 01234 712 657 or visit www.roseview.co.uk


text: For the first time in four months, Spain\'\'s annual inflation rate spiked to 3.1% in September , according to official data released by the National Statistics Institute on Tuesday. A statement by the Institute said that this increase is basically due to tobacco, alcohol and transportation groups\'\' higher prices. \"The fuel group index rose by an annual rate of 16.4% and the energy products by 15.9%, while the index of basic food group by 10.3% in September over the same period of 2010\", the institute said. The consumer price index (CPI) stood at three percent in August and at 3.1 and 3.2 in July and June respectively after having hit 3.8% in the month of April, its highest level since September 2008. The Spanish government predicted that annual inflation rate in Spain will gradually fall down in the months ahead to reach 1.7% by the end of 2011.


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June 1, 2004 – Newport Corp., Irvine, CA, has agreed to acquire Spectra-Physics, the optical technologies business of Thermo Electron Corp., for $300 million in cash and stock.
The transaction, expected to close in July, will expand the company to 15 manufacturing plants in five countries and more than 2000 employees. The deal is expected to increase Newport’s total sales to $400 million, and nearly double its sales to microelectronics customers (including semiconductor capital equipment firms), according to Newport chairman and CEO Robert Deuster.
Robert Phillippy, currently VP and GM of US operations for Newport’s industrial and scientific technologies division, will be promoted to president and COO. characterized the combined company as “a photonics industry powerhouse…the premier global resource for customers who need to make, manage, and measure light.”


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Canopy Boulder Invests In 10 More Marijuana Related Startups Canopy Boulder, the premiere marijuana startup incubator, launched it’s sixth cohort of startups last month. The accelerator program has now invested in it’s 60th business. Canopy operates like a traditional cohort based technology startup accelerator. Each startup receives seed funding. In this case it’s $30,000. They then go through a 16 week entrepreneurial bootcamp that emphasizes business development, product development, market
Canopy Boulder, the Cannabis Startup Accelerator, Hosting Open House The folks at Canopy Boulder want you to come and check out their latest class of Cannabis startups. Meet the founders and hear about the next wave of marijuana startups, set to come through the Canopy program. CanopyBoulder is now in their fifth cohort. The Cannabis industry is on track to become a $20 billion dollar industry by the year 2026.


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Beijing / Sydney, Australia, Nov 27 (efe-epa).- China will impose tariffs of up to 212.1 percent on imports of Australian wine starting Saturday as part of temporary measures against alleged unfair competition, or “dumping,” according to the country’s Commerce Ministry.
In a statement published Friday on its website, the Chinese Commerce Ministry said an investigation into this alleged sale at a loss by Australian exporters has preliminarily concluded that “there is unfair competition in imported wines from Australia.”
According to the source, “there is a causal relationship between selling at a loss and material damage (in the local industry), and it has been decided to implement temporary measures against unfair competition on the aforementioned products” in the form of tariffs ranging from 107.1 percent to 212.1 percent.
The ministry said the investigation was requested by the local wine industry and began in August.
Australian Agriculture Minister David Littleproud said he expressed “his deep disappointment” at the decision, adding he “categorically rejects” that the oceanic country subsidizes wine production.
“(China’s) decision is a very worrying measure and one that Australia will fight vigorously … There is no basis or evidence to support these allegations,” Littleproud said in a statement.
The imposition of tariffs against Australian wine is one more step in the tax policy that the country has been developing for months against the products of the oceanic nation.
In addition to wine, Beijing has already raised import taxes on Australian barley for the same reasons, and Canberra is investigating whether there is also an alleged boycott by China of various exports, including coal, lobster or copper.
Australia, for its part, has in recent years put in place a series of laws and measures to prevent foreign political meddling, not to mention China directly, which has angered Beijing.
China is Australia’s main trading partner, whose bilateral exchange was AUD235,000 million ($153,591 million) in the financial year 2018-2019.
The relationship between the two countries has been deteriorating due to issues such as China’s militarization or Australia’s approval of laws against interference and foreign espionage, after uncovering cases of Chinese donations to politicians and cyberattacks to government agencies and universities attributed to Beijing.
In September, Australia evacuated the last two accredited Australian media correspondents remaining in China fearing they would be detained, after being questioned by Home Office officials. EFE-EPA


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The stock, which is listed under the ticker "LEVI," opened for trading Thursday at $22.22, above the $17 offering price and blowing past the originally expected range of $14 to $16. As of Thursday's close, shares popped nearly 32 percent, closing at $22.41 per share. That gave Levi's a market value of $8.64 billion, according to FactSet.
Levi's seems to have successfully convinced investors, at least for now, that it has a lot of opportunities to expand beyond just jeans, from tops to bolstering its women's business. In its prospectus, the company said it plans to use the proceeds from the public offering to expand more aggressively into China, India and Brazil and also build out more retail stores, which as of late last year totaled 824.
Levi's previously went public in 1971, but Strauss' descendants, the Haas family, took it private again in 1985. Today, it stands out from a string of tech companies — from Spotify to Dropbox — that have made their debuts in the public markets in recent months.
"I would like to say we're the original Silicon Valley startup," said CEO Chip Bergh, dressed in 501 jeans and a denim jacket, during an interview at the New York Stock Exchange.


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The A&P bankruptcy news turns out to be a bit of a mixed bag: it will be difficult for those in second tier markets, but for many retail center owners, it provides an opportunity for a fresh lease with a higher paying tenant.
From the Shopping Centers Today article:
Landlords of A&P’s top supermarket locations are likely to benefit from the new industry blood that fills the voids, “though secondary locations may be a challenge,” according to Harding. Candidates will include specialty grocers, fitness chains and large off-price retailers, he says.
“A&P has a legacy of established and proven real estate, which is the biggest asset it has right now,” said retail consultant Jeff Green, who heads an eponymous firm in Phoenix. Most locations are positioned to support sustainable supermarket operations, he says. “Not only are the locations suited for other grocers to take over, the stores are right-sized for today’s retail environment,” he said. “A&P never oversized its stores like some competitors.”
Tenant turnover can be a real positive if we are in the right point of the business cycle - which we are now, with low vacancies, a strengthening economy, and a dearth of new construction over the past several years.
Full article here: http://www.icsc.org/press/ap-closings-a-boon-for-many-landlords


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|By Business Wire||
|December 27, 2012 09:02 AM EST||
(NASDAQ: AMZN)—Amazon today announced that for the eighth consecutive year, the company ranks #1 in customer satisfaction during the holiday shopping season according to the ForeSee annual Holiday E-Retail Satisfaction Index. ForeSee surveyed over 24,000 customers between Thanksgiving and Christmas, asking them to rate their satisfaction with the top 100 retailers. For the second year in a row, Amazon’s score of 88 is the highest ever attained by any retailer in the study. Amazon also announced today that 2012 was its biggest holiday ever with over 26.5 million items ordered worldwide on its peak day, which is a record-breaking 306 items per second. Also for the second year in a row, Amazon’s tablet was the most popular item for customers—Kindle Fire HD continued its run as the #1 best-selling, most gifted, and most wished for product across the millions of items available on Amazon worldwide since its introduction 15 weeks ago.
“To achieve such high customer satisfaction scores and sustain them over time is a remarkable feat that remains unmatched by any other e-retailer,” Larry Freed, author of the study and president and CEO of ForeSee, a customer experience analytics firm.
“We are grateful to customers for once again ranking us at the top of the ForeSee customer satisfaction survey and for choosing to shop at Amazon this holiday,” said Jeff Bezos, founder and CEO of Amazon.com. “On behalf of Amazon employees around the world, we wish everyone happy holidays and the very best for the coming year.”
Kindle and Amazon Digital Facts:
- Kindle Fire HD, Kindle Fire, Kindle Paperwhite and Kindle hold the top four spots on the Amazon worldwide best seller charts since launch.
- Cyber Monday 2012 was the biggest day ever for Kindle sales worldwide.
- Christmas Day was the biggest day ever for digital downloads across Amazon’s selection of over 23 million movies, TV shows, songs, magazines, books, audiobooks, and popular apps and games.
- The most gifted Kindle book during the holiday season was “The Signal and the Noise: Why So Many Predictions Fail-but Some Don't,” by Nate Silver.
- Selection in the Kindle Owners’ Lending Library in 2012 grew from 75,000 books to over 250,000 books—books that Kindle owners with a Prime membership can borrow for free with no due dates in the US, UK, Germany and France.
- More than 175,000 exclusive books were added to the Kindle store in 2012.
- 23 Kindle Direct Publishing (KDP) authors each sold over 250,000 copies of their books in 2012. Top sellers this year include Hugh Howey, author of the New York Times best seller “WOOL,” Stephanie Bond, author of “Stop the Wedding!,” the #2 best-selling book in the Kindle Store in December, and Barbara Freethy and CJ Lyons—both members of the Kindle Million Club.
- Amazon’s digital media selection grew to over 23 million movies, TV shows, songs, magazines, books, audiobooks, and popular apps and games in 2012, an increase from 19 million in 2011.
- Prime Instant Video selection increased from 12,000 to over 33,000 movies and TV episodes in 2012. Amazon Instant Video selection increased from 100,000 to 145,000 movies and TV episodes.
- Amazon Appstore for Android selection nearly tripled in 2012 over 2011.
- Sales of apps and games during the holiday period alone were up more than 250 percent over the same period last year.
Holiday Fun Facts:
- Amazon customers took advantage of free shipping over the holidays, saving hundreds of millions of dollars with Amazon Prime and Free Super Saver Shipping.
- On its peak day, Amazon’s worldwide fulfillment network shipped over 15.6 million units across all product categories.
- The last Prime One-Day Shipping order that was delivered in time for Christmas was placed on Dec. 22 at 11:52 p.m. PST and shipped to Fayetteville, GA. The item was Roxy Women’s Hot Cocoa Slippers.
- The last Local Express Delivery order that was delivered in time for Christmas went to Seattle, WA. It was a Case Logic 14.1-Inch Laptop Attaché that was ordered at 11:44 a.m. PST on Christmas Eve and delivered at 2:44 p.m. PST.
- On the peak day, Nov. 26, customers ordered more than 26.5 million items worldwide across all product categories, which is a record-breaking 306 items per second.
- Amazon customers purchased more than one toy per second on mobile devices.
- Amazon customers purchased enough copies of the “Fifty Shades” trilogy by E.L. James, including “Fifty Shades of Grey,” “Fifty Shades Darker,” “Fifty Shades Freed” and the trilogy box set, to create a stack 445 times taller than the Space Needle.
- The cumulative weight of the “Bond 50” Blu-ray sets purchased by Amazon customers this holiday season would be 800 times the weight of Daniel Craig.
- If each customer that purchased a copy of Just Dance 4 played the game for one hour, the total number of calories burned would equal half a million slices of fruitcake.
- Amazon customers purchased enough TVs to cover the field of every NFL stadium.
- Amazon customers purchased enough vinyl copies of The Beatles albums that if laid flat would extend 20 times the length of Abbey Road in London.
- The Amazon MP3 store has sold enough music for everyone at Woodstock ’69 to jam out to another three days of music for peace and love.
- If you stacked every Christmas Story Leg Lamp purchased by Amazon customers this holiday season, the height would reach the top of Mt. Everest.
- Amazon customers purchased enough sports team garden gnomes to fill every seat in Madison Square Garden.
- Amazon customers purchased enough Angry Birds plush toys to stretch 285 times the height of the tallest tree in the world, located in California’s Redwood Forest.
- Amazon’s third-party sellers sold enough Lindt truffles to serve one to every traveler passing through Chicago O’Hare Airport over a weekend.
- Amazon’s third-party sellers sold enough HDMI cables to make three round-trips to the International Space Station.
- Amazon customers added more than 15 million toys to their Wish Lists this holiday season.
Holiday Best Sellers (Amazon.com only):
- Electronics: Kindle Fire HD 7”; Kindle Fire; and Kindle Fire HD 8.9”
- TVs: VIZIO 60-inch Razor LED Smart HDTV; Panasonic VIERA 55-Inch 3D Plasma TV; and Samsung 32-Inch LED HDTV
- Cameras: Canon PowerShot A2300 Digital Camera; Canon PowerShot S100 Digital Camera; and Canon 55-250mm Telephoto Zoom Lens
- Toys: Spot It; Perplexus Maze Game; and LEGO Ultimate Building Set
- Baby: Baby Einstein Take Along Tunes; Cloud b Twilight Turtle Constellation Night Light; and Vulli Sophie the Giraffe Teether
- Video Games: Just Dance 4; Call of Duty: Black Ops II; and Assassin’s Creed III
- Books: “Fifty Shades of Grey” by E.L. James; “Fifty Shades Darker” by E.L. James; and “Fifty Shades Freed” by E.L. James
- Kindle Books: “The Racketeer” by John Grisham; “Gone Girl: A Novel” by Gillian Flynn; and “The Edge of Never” by J.A. Redmerski
- Music: “Red” by Taylor Swift; “Merry Christmas, Baby” by Rod Stewart; and “Babel” by Mumford & Sons
- Amazon MP3: “The Essential NOW That's What I Call Christmas” by various artists; “Night Visions” by Imagine Dragons; and “Holidays Rule” by various artists
- Movies & TV: “Dr. Seuss' The Lorax” (DVD); “The Dark Knight Rises” (Blu-ray/DVD combo); and “The Dark Knight” Trilogy (Blu-ray)
- Amazon Instant Video: “Brave”; “The Campaign”; and “The Dark Knight Rises”
- Amazon Appstore for Android: Angry Birds Star Wars Premium HD (Kindle Tablet Edition); Minecraft – Pocket Edition; and HD Camera (Kindle Tablet Edition)
- Sports & Outdoors: SKLZ Pro Mini Basketball Hoop; Mongoose BMX Bike Gel Knee and Elbow Pads; and Razor A Kick Scooter
- Home: Swarovski 2012 Annual Edition Crystal Snowflake Ornament; Darice 80-Piece Deluxe Art Set; and Brother CS6000i Sewing Machine
- Kitchen: Corkcicle Classic Wine Chiller; Cuisinart SmartStick Immersion Hand Blender; and Oster Wine Opener with Chiller
- Watches: Timex Kids' My First Outdoor Black Fast Wrap Velcro Strap Watch; XOXO Women's Rhinestone Accent Gold-Tone Bracelet Watch; and Invicta Men's Pro Diver Collection Silver-Tone Watch
- Jewelry: "You Hold My Heart Forever" Heart Pendant Necklace; "A Mother Holds Her Childs Hand For A Short While and Their Hearts Forever" Heart Pendant Necklace; and "My Sister My Friend" Open Circle Pendant Necklace
- Clothing: Levi's Men's 501 Jean; Levi's Men's 505 Straight Fit Jean; and Levi's Men's 550 Relaxed Fit Jean
- Shoes: UGG Australia Women's Classic Short Boot; Clarks Originals Men's Desert Boot; and TOMS Women's Canvas Slip-On
- Beauty: HSI The Styler Ceramic Tourmaline Ionic Flat Iron Hair Straightener; Set of 10 Nail Tape Stripe Decoration Sticker Hologram; and SHANY Professional 13-Piece Cosmetic Brush Set with Pouch
- Health & Personal Care: Panasonic Vortex Nose and Facial Hair Trimmer; Braun Series Pulsonic Shaver System; and Philips Norelco SensoTouch 2D Electric Razor
- Tools & Home Improvement: Nest Thermostat; Streamlight Nano Light Miniature Keychain LED Flashlight; and DEWALT 18-Volt Drill/Driver Kit
- Automotive: Swiss+Tech Micro-Max 19-in-1 Keychain; Battery Tender Junior 12V Battery Charger; and Reindeer Car Costume
- Grocery: Donut Shop K-Cup Packs; Unique Sampler K-Cup Portion Pack; and Ekobrew Cup
- Wine: 2010 Pink Floyd The Dark Side of the Moon Cabernet Sauvignon; 2010 Rolling Stones Forty Licks Merlot; and 2011 Parducci Small Lot Blend Pinot Noir
Amazon.com, Inc. (NASDAQ: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth’s Biggest Selection. Amazon.com, Inc. seeks to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as Books; Movies, Music & Games; Digital Downloads; Electronics & Computers; Home & Garden; Toys, Kids & Baby; Grocery; Apparel, Shoes & Jewelry; Health & Beauty; Sports & Outdoors; and Tools, Auto & Industrial. Amazon Web Services provides Amazon’s developer customers with access to in-the-cloud infrastructure services based on Amazon’s own back-end technology platform, which developers can use to enable virtually any type of business. Kindle Paperwhite is the most-advanced e-reader ever constructed with 62% more pixels and 25% increased contrast, a patented built-in front light for reading in all lighting conditions, extra-long battery life, and a thin and light design. The new latest generation Kindle, the lightest and smallest Kindle, now features new, improved fonts and faster page turns. Kindle Fire HD features a stunning custom high-definition display, exclusive Dolby audio with dual stereo speakers, high-end, laptop-grade Wi-Fi with dual-band support, dual-antennas and MIMO for faster streaming and downloads, enough storage for HD content, and the latest generation processor and graphics engine—and it is available in two display sizes—7” and 8.9”. The large-screen Kindle Fire HD is also available with 4G wireless, and comes with a groundbreaking $49.99 introductory 4G LTE data package. The all-new Kindle Fire features a 20% faster processor, 40% faster performance, twice the memory, and longer battery life.
Amazon and its affiliates operate websites, including www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, www.amazon.cn, www.amazon.it, www.amazon.es and www.amazon.com.br. As used herein, “Amazon.com,” “we,” “our” and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, inventory, government regulation and taxation, payments and fraud. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.
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Infor to Staff 550 Workers at New Facility in India
April 27, 2010 Alex Woodie
Approximately 550 Infor employees will work at a new Center of Excellence that Infor is building in Hyderabad, India, the software vendor announced last week. Infor says the multi-million dollar investment showcases the importance of the Asia-Pacific region to its business strategy.
The Asia Pacific region only accounts for about 9 percent of Infor’s $2 billion or so in annual revenue, but it’s one of the company’s fastest growing regions. In a recent quarter, the company (which is privately held and not required to disclose its financial results) says it enjoyed 37 percent growth in Asia Pacific sales. That was before the global economic collapse, but it still indicates the potential for strong growth in the region.
Infor is building its new CoE in India to not only drive sales of its products and services in that region, but also to take advantage of the large number of English-speaking IT professionals in the technology hotbed of Hyderabad. The employees who work at the new CoE in Hyderabad will do a range of jobs, including professional services, product development, technical support, internal support, and financing.
“India is not only a rapidly growing market for businesses, it is also a fertile ground for talented software and service developers, proficient in English, and able to support the operations of a global company like Infor,” said Jim Schaper, Chairman and CEO of the Atlanta, Georgia, company. “Our new Center of Excellence here in Hyderabad will enable us to provide new and growing customers best-in-class professional services consulting and support.”


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…Nigerians’ diet 20 times lower than recommended requirement
…30% animal slaughtered in Nigeria imported – FAO
Nigeria’s livestock production and productivity must increase by at least 60 percent if the country is to satisfy its astronomic demand for animal protein consumption, experts at the Nigeria Institute of Animal Science (NIAS) have said.
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Nigeria is said to have one of the lowest animal protein consumption in the world, with the diet of an average Nigerian 20 running times lower than recommended requirement by the Food and Agricultural Organisation (FAO).
At a joint eighth annual meeting of NIAS and the Animal Science Association of Nigeria, (ASAN) tagged: “Animal Agriculture: Anchor for Sustainable Economic and Human Development in Nigeria,” in Umuahia, Abia State, NIAS said, one of the major steps Nigeria should take to achieving the much needed rapid growth in animal protein consumption should be for the Federal Government to unbundle the National Animal Production Research Institute (NAPRI) and implement its whitepaper on the Vision 20:20:20 national economic development blueprint (NEDB), which had recommended the splitting of NAPRI into four livestock commodity-based research institutes.
The expected new bodies from NAPRI are: National Beef Research Institute (NBRI); National Poultry Research Institute (NPRI); National Dairy Research Institute (NDRI) and National Swine Research Institute (NSRI).
Currently, NAPRI operates as one humongous entity that encompasses all the above; and has never managed to develop the various seed stock required by the industry for the different livestock species.
Taiwo Adeoye, president of Animal Science Association of Nigeria (ASAN) argues that Nigeria’s livestock production and productivity have to increase commensurately in quantity and quality by 60 percent, in order to meet the animal protein demand of the country.
A Food and Agricultural Organisation (FAO) report said that Nigeria’s low-level animal protein consumption makes the diet of an average Nigerian 20 times lower than the recommended requirement.
“Domestic production of livestock products is far below the national demand, resulting in large imports of livestock and livestock products. Except for eggs, the domestic production of animal products is less than half the demand for beef, mutton and goat meat, while for milk and pork products it is less than quarter the demand. About 30 percent of live animals slaughtered in Nigeria are imported from neighbouring countries,” FAO said in its website Nigeria country focus.
FAO said, like other subsectors, Nigeria’s livestock industry development is constrained by low productive breeds, inadequate access to feeds and grazing lands, frequent farmer–pastoralist conflicts, lack of processing facilities and low value addition, and low technical inputs in the management of the animals, including diseases.
Ife Journal of Agriculture in a 2017 research said, proteins act as antibodies in contractile and structural forms, and as enzymes, hormones and as storage or transport protein.
Meanwhile, Mohammed Sabo Nanono, the minister of Agriculture and Rural Development (FMARD), agrees with NIAS assertion of increasing livestock protein six-folds to meet increasing national demand.
He said the Federal Government was engaging with the World Bank on a six-year project tagged: “Livestock Production and Resilience Support Project (L-PRES), which has the objective to improve productivity, resilience and commercialisation of selected livestock value chain.
The agriculture minister listed some of the ongoing FMARD’s innovative interventions to include: Cattle Breed Improvement Programme, (CABIP), Dairy Development Programme, (DDP) and the National Egg Production Scheme, (NEGPRO).
“The livestock, as we all know, is very vital to the socioeconomic development of Nigeria; and represents an important source of high quality animal protein, provides about 36.5 percent of the total protein intake of Nigerians, generates employment, income, and earns foreign exchange for the country. The sub-sector is estimated to contribute about eight percent to 10 percent of the agricultural gross domestic product, and five percent of the national GDP. The global projection is that Nigeria’s population presently at over 200 million may reach about 400 million by 2050.
Consequently, demand for livestock and livestock products will more than double within this period. To satisfy this expected huge demand for animal protein and other livestock products, livestock production and productivity has to increase commensurably in quality and quantity by about sixty percent,” the minister said.
He said the ministry was ready to ensure that agricultural research institutes were strengthened to help actualize president Muhammadu Buhari’s efforts at repositioning the sector.


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As part of its ‘Bodas de Oro’ celebration, the renowned Peruvian brand Renzo Costa is executing an ambitious expansion plan, which includes both remodeling and expansion of its establishments. This Tuesday the company reopened a location in Lima with a renewed format, while last week it marked a milestone by inaugurating its first store in La Selva.
As part of a renovation process aimed at creating a more refined visual identity that enhances each of its products, The firm has expanded the store in the Real Plaza Salaverry shopping center by almost 30%. As General Manager Renzo Costa revealed, this significant remodeling involved an investment close to $200,000.
Renzo Costa’s new store is located on the third level of this renowned shopping center. Its design stands out for its wooden floor, elegant glass and aluminum details, strategically placed mirrors and powerful lighting that highlights each article captivatingly.
“We are happy with this new design, in which we have given more priority to the digital screens because we are creating high quality videos with the products. It is a concept focused on the internationalization of the brand, with the most modern in visual architecture”, said Renzo Costa to Perú Retail.
READ ALSO: Renzo Costa turns 50 with the focus on its expansion: it will open three new stores in 2023
Upcoming openings and remodeling on the horizon
In its effort to reach a wider audience, the prestigious leather brand has established its presence in the recently inaugurated Mall Aventura in the city of Iquitos. In this new space, the residents of the area will have access to a wide range of products from high quality which include wallets, wallets, shoes, belts, rucksacks, jackets, chocolates and perfumes.
Also, as it was anticipated by Peru Retail, the company confirmed that it plans to open two new locations in Lima this year, bringing its total to 60 locations in Peru. “We are looking forward to the opening at Mall Aventura San Juan de Lurigancho in November and, as for the Portal La Molina shopping center, we are confident that there will be no delays and we can open it before the end of the year,” stated Renzo Costa , general manager of the brand.
Renzo Costa revealed that the investment in these two new stores comes to approximately $300,000 in total. “The investment for each location is at least $150,000,” he said. In addition, the brand plans to continue with the expansion and remodeling plan under the new design. The next locations to be intervened will be in Arequipa and San Miguel.
As for its international expansion, the company founded by Marina Bustamante began this exciting chapter earlier this year with the opening of its first store in the demanding Italian market. In June, the doors opened at the historic Umberto I Gallery in Naples, firmly establishing its presence and consolidating a decisive step towards conquering this market with its high-quality products.


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MEXICO: Coca-Cola FEMSA's expenses outpace sales - analyst
An analyst has raised concern over Coca-Cola FEMSA's Q2 results, branding them "weak" and highlighting that operating expenses grew much faster than sales.
The Mexico-based firm revealed late yesterday (24 July) that first-half net profits rose 9% to MXN5.64bn (US$412m). However, Q2 profits were flat despite sales leaping 27.8% to MXN36.12bn.
Analysts at JP Morgan said the jump in Q2 net sales was driven "solely by pricing". "The currency neutral, organic sales growth of 12% came entirely from pricing," it said in a note.
Reported EBITDA grew 17% to MXN6.3bn, but only 7% of that growth was organic, "What jumps out is that operating expenses grew much faster than sales," the analysts said. These expenses include new IT system amortisation and investments in innovations in Mexico, as well as labour and logistic expenses in Venezuela, Argentina and Brazil, Coca-Cola FEMSA's management said in a conference call, according to JP Morgan.
Coca-Cola FEMSA also "toned down" its full-year expectations. "Earlier this year, management said EBITDA margin could be flat. Today, they said this is likely to be slightly down for the full year," JP Morgan said.
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- Global Tequila insights - market forecasts, product innovation and consumer trends research


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The Erie County Industrial Development Agency on Wednesday approved just over $107,000 in tax breaks for Kohler Awning, which is building a 12,000-square-foot addition to its existing facility in Cheektowaga to gain more space for manufacturing, welding and storage of its products,
Kohler plans to spend $850,000 to expand its 38,000-square-foot facility at 2600 Walden Avenue, adding one job for an additional installer, with an annual salary of $26,000.
The IDA approved $70,000 in property tax savings over seven years, $29,000 in sales tax savings and $8,500 in mortgage recording tax breaks to support the project. The project is expected to generate $19,000 in new revenues to Erie County, Cheektowaga and the school district.
The family-owned company, founded in 1925, makes fabric awnings for residential and commercial construction. The company, which last expanded in 2006 with a 10,000-square-foot addition that was also supported by the ECIDA, had 45 jobs at that time but now has 53 employees overall, earning an average of $29,000 per year. Its prior payment-in-lieu-of-taxes arrangement expires in 2023.
Cheektowaga Town Supervisor Diane Benczkowski, a member of the IDA board, briefly questioned the tax breaks, citing the single job being created by the project and the retail nature of part of Kohler’s business.
“I’ve gotten calls about that, about Kohler Awning being a retail business,” she said. “I’m the one getting the questions.”
But IDA officials said it’s not the same as going into a grocery or other store, and noted that the benefits will only apply to the manufacturing portion of the business. The incentives passed unanimously.


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If the hemp-based cannabidiol (CBD) industry is the new "big wave," Erik Lundgren and Gerard Jacobs are looking to surf that wave's barrel.
Lundgren, founder and CEO of cannabidiol products manufacturer CBD Lion LLC in Mundelein, recently received a huge capital boost from Jacobs' investment firm, Acquired Sales Corp. The Lake Forest-based firm agreed last month to acquire CDB Lion in a $2 million cash and stock deal, turning the private, family-owned business into a public venture.
For Lundgren, the partnership will provide funding he needs to meet the demands of his rapidly-growing business. Since he started the company in 2017, sales of his CBD-infused vapes, gummies, lotions and other products "has been exponential," Lundgren said, growing from $4,000 in January 2018 to about $160,000 per month now.
"This will be a great move for us because it'll allow us to do the things we need to do (to grow)," he said.
CBD is a chemical found in cannabis and hemp plants. While there has been little clinical research on the medical effects of CBD, there is a growing belief it can treat certain conditions without providing the mind-altering "high" connected with another cannabis-related chemical, tetrahydrocannabinol, or THC.
Since Congress approved the Farm Bill in 2018 legalizing hemp farming, a gold rush has ensued as entrepreneurs and investors have begun cultivating CBD and selling infused products. A study recently published in Forbes magazine estimates 2018 CBD product sales between $600 million and $2 billion nationally, and it could become a $16 billion industry by 2025.
But unlike the highly-regulated medical marijuana industry, the Food and Drug Administration is only now beginning to look into hemp-based CBD's health claims and it could be years before any standards, regulations or guidelines are in place.
Lundgren acknowledges the "wild West" environment of the business, which is why he has worked to develop a standard of credibility for CBD Lion products. Lundgren's previous experience is in the medical marijuana industry, and he decided to use that industry's lab-test standards to set the quality mark for his products. As a result, all CBD Lion products are tested and evaluated by a third-party laboratory, and each product has a QR code the customer can use to see the results of that specific product's test.
"Everybody knows that CBD is a very hot industry now," he said. "What we focus on is creating a brand that people can trust.
"We create products that are third-party lab tested and with packaging that is transparent to the consumer ... what they're getting is what they pay for."
And it was those self-set standards that got the attention of Acquired Sales, according to Jacobs.
"A lot of good people are getting into the business, but also a lot of scam artists are getting into it," said Jacobs, who is CEO of Acquired Sales. "We do not want to be involved in this business except with very reputable honest people that are willing to deliver products that, through third party tests, is what it says it is."
"The people of the Lundgren family that started CBD Lion are extremely reputable, honest people," he added.
Under the partnership, CBD Lion will continue to operate under Lundgren's leadership and vision, while Acquired Sales will provide the capital to help the company meet its demands and market itself.
"Our philosophy is the public company needs to be the servant of the operating businesses," Jacobs said. "The public company is just overhead. We need to look at them and say how can we help you."
For Lundgren, that means taking a more aggressive role with CBD Lion's growth. Products are already sold nationwide and online, but he added he's looking to increase the brand's presence in certain regions, and increase global availability.
For Jacobs, it means continuing to search out similar businesses and entrepreneurs in order to build up a line of CBD products that can be trusted by consumers. Earlier this year, Acquired Sales invested in a private CBD-infused distillery in Bend, Oregon, and Jacobs said they plan to look at investing in other CBD-related ventures that share the same vision of integrity as CBD Lion.
"We want to build the biggest CBD company in the United States," he said. "We are trying to build a partnership of entrepreneurs that can help each other."
Lundgren adds that, as the industry grows and consumers become more informed, the companies that have established quality standards and provide detailed information on its products will survive the gold rush.
"We didn't set the bar, but we helped make that bar apparent for those companies to strive for and create trust with its customers," he said.


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Britain’s Arcadia Group is looking to build its presence in the U.S., and not just with Topshop.
This story first appeared in the June 21, 2013 issue of WWD. Subscribe Today.
Arcadia this week staged its first U.S. “group preview” of its Miss Selfridge, Evans, Dorothy Perkins and Wallis brands at the Bryant Park Hotel in Manhattan. And behind the scenes, Arcadia is in talks with Nordstrom and Macy’s regarding selling Miss Selfridge in those stores. Sources said either retailer could start selling the label by the end of this year or next year, but it couldn’t be determined if Arcadia was seeking shops-in-shop for Miss Selfridge, similar to its partnership with Nordstrom operating Topshop boutiques, currently at 15 Nordstrom locations.
Arcadia officials declined comment on the Miss Selfridge report.
Topshop is well known in the U.S., where it already operates four brick-and-mortar stores, as well as inside some Nordstrom stores, but the other Arcadia labels are less known and are only available online in the U.S.
Asked why Arcadia decided to stage a preview for the fashion media, Saskia Osmond-Evans, head of press for Arcadia, said, “It’s to get the conversation going.”
She did say that Evans, a plus-size collection, will be rolled out to more Nordstrom doors, from the current six.
Among the highlights from the fall 2013 collections, Miss Selfridge shows Miu Miu-esque dresses with “Peter Pan” collars and shoulder details; pinafores with monochrome tops and burgundy shirtings with “pussy” bows; leather dresses with laser-cut work, and long beaded dresses. The premium line from the Wallis collection, called W, offers animal prints; shifts with biker jackets and faux fur trim deconstructed parkas; knits with stud detailing, and tuxedo trousers. Dorothy Perkins emphasizes modern and clean-cut daywear, opulent, embellished casualwear and statement eveningwear. Evans, which sells sizes 12 to 28, showed off its colorblocking for summer, and the quirky signature animal prints and jumpers from the husband-wife design team Clements Ribeiro. Evans also features cocoon coats, and pear-cut denims, which are cut higher in the nape for greater support and better fit.
The Arcadia brands are well-established in the U.K. and cater to different demographics and lifestyles. The Arcadia Group is owned by Sir Philip Green.


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Texas financier R. Allen Stanford had a key helper as he built a flashy offshore financial empire and an alleged $7 billion Ponzi scheme: an allegedly corrupt Caribbean regulator who helped keep U.S. scrutiny at bay, according to federal investigators.
The Justice Department on Friday unveiled criminal charges against Mr. Stanford and four other officials at his Stanford Financial Group, as well as against Leroy King, administrator of the Financial Services Regulatory Commission, or FSRC, in the island nation of Antigua and Barbuda, where the company had its headquarters.
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THE BUREAU of Internal Revenue (BIR) is teaming up with the Trade department in the ongoing crackdown on illegal cigarettes after uncovering a new scheme involving recycled tax stamps.
In a statement, Finance Secretary Carlos G. Dominguez III said he has instructed BIR to seek the help of the Department of Trade and Industry (DTI) in going tobacco traders using this new modus operandi to evade taxes.
This developed after the BIR reported that some entities have been buying tax stamps from used cigarette packs from the public in exchange for a can of sardines or pack of noodles which they describe as a “promo.”
BIR Deputy Commissioner for Operations Arnel S.D. Guballa explained that the erring cigarette traders will then attach the old tax stamps on packs of illegal cigarettes.
“You better talk to the DTI and tell them that can’t be allowed,” Mr. Dominguez told BIR Commissioner Caesar R. Dulay during a recent executive committee meeting.
The Finance chief is also set to meet with officials from Philip Morris, Japan Tobacco Inc. and other cigarette companies, together with those handling the Internal Revenue Stamps Integrated System (IRSIS) to crack down on this new scheme.
The excise stamps are used as proof that taxes on cigarettes have been paid. The stamps have special chemicals and quick response (QR) codes by which their legality can be verified using a reader.
In 2017, authorities discovered a local cigarette manufacturer using fake tax stamps which allowed the maker to sell its products cheaper, which then led to a P30-billion tax settlement.
Excise tax on cigarette packs has risen to P35 per pack due to Republic Act No. 10963, or the Tax Reform for Acceleration and Inclusion Act that took effect in January last year.
The tax will rise to P37.50 per pack by 2020 and to P40 by 2022, and the rate will increase by four percent annually starting Jan. 1, 2024.
Cigarettes are also subject to a 12% value-added tax.
The recycling of tax stamps has emerged as the new strategy to skirt these higher taxes.
Prior to this, BIR officials had discovered factories that illegally produced cigarettes and printed their own tax stamps.
The Department of Finance is lobbying to further raise taxes on cigarettes, saying that doing so could push over three million Filipinos to quit smoking and collect P30.1 billion in additional revenues besides. The department is backing the bill of Senator Emmanuel D. Pacquiao that proposes a nine percent increase in the tax rate for the succeeding years, which will also raise P30.1 billion in additional revenues.
Latest estimates show that cigarette consumption could fall by as much as 16.8% if they raise the excise tax to P60 per pack.
Mr. Dominguez had also asked the help of the Department of the Interior and Local Government in apprehending local executives found coddling manufacturers of illicit cigarettes. — Melissa Luz T. Lopez


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October 28, 2019
The daily brief: 28 October 2019
Helsinki-based martech startup Leadoo is growing out of the Nordics.
All the daily Finnish business news that works: Leadoo, Teleste and Nokia make headlines.
Finnish market technology company Leadoo has opened an office in London, Teleste is providing a video management system to a French motorway operator, and Nokia is testing 5G in Poland with Orange.
Finnish company Teleste will deliver a video management system to France-based APRR Group, which will use the system to upgrade motorway safety and surveillance infrastructure in the country. Teleste will implement the system together with ENGIE Ineo, which will be in charge of monitoring and securing the motorway network, including motorways, car parks and rest areas, in the south and east of France. The deliveries will be made in 2019 and 2020, and the contract also includes a 10-year maintenance agreement.
Finnish market tech startup Leadoo has opened a new office in London, its first outside the Nordics. Leadoo provides interactive chatbots to small and medium enterprises (SMEs) that activate passive users on websites and generate increases of an average of 30 to 100 per cent in lead conversions and, as a result, boost online sales. In addition to providing customer support and enhanced visitor experiences on websites, its range of bots can also improve online recruitment processes for companies looking to hire new personnel.
Nokia and French telecommunications company Orange have launched a large-scale 5G test in the Polish city of Lublin, aiming to take network trials in the country to the next stage. The trials will make use of 10 Nokia 5G base stations located in different districts of the city, as well as Nokia’s 5G radio access technology and 5G gateways. Orange has been preparing the launch of 5G in Poland for over a year.
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Halloween 2020 Date Canada
After almost all major and minor festivals, exhibitions, sporting events, and fairs have been cancelled this year due to COVID-19, comes concern that the much loved spooky and sweet Halloween might be . The candy has arrived, the costumes are in stores, but that’s no guarantee there will be a customary Halloween next month. One Halifax couple has already cancelled their annual attraction. . Portion from of every Creature Creation sold September through October, to help support tomorrow’s leaders TORONTO, Aug. 31, 2020 /CNW/ – For the second time in three years, Baskin-Robbins Canada harn .
Halloween in Canada
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- Halloween: Origins, Meaning & Traditions HISTORY.
- When is Halloween 2020?.
Ottawa’s Dr. Vera Etches said there are still ways to have fun at Halloween even during the pandemic, as long as coronavirus prevention is top of mind. . Dollarama Inc. topped expectations as it reported a second-quarter profit of $142.5 million and a seven per cent increase in sales .
Halloween Costumes & Costume Ideas for 2020 | Party City Canada
Breast Cancer Society of Canada launches 2020 Dress for the Cause Campaign Dress Up Your Life Photo Dress Up Your Life for breast cancer research, presented by Cleo. Visit to donate. SARNIA, Ontario, When leaves begin to fall, temperatures drop and days become shorter, it can only mean autumn is on its way. No matter how hot the summer has been, the next season of the year is fast approaching, .
Halloween: Origins, Meaning & Traditions HISTORY
- Halloween & Harvest Scentsy Collection 2020 | Tanya Charette.
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Halloween 2 Movie Collection Blu ray Release Date February 4, 2020
The coronavirus outbreak has altered the reality of mass gatherings worldwide, but canceling an event isn’t something all organizers are in a position to do. . Halloween 2020 Date Canada There’s always something different and new to do – online and in-person – in the San Fernando Valley and Los Angeles area. .


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Nathalie Lesage, the Miss World Mauritius 2012 will represent the country at the Miss World 2013 in Jakarta, Indonesia, September 28. Here are eight outfits she will wear for the event ...
03 Sep 2013, business.mega.mu
Chicago incubator 1871 operates on the assumption that brilliant tech ideas get better only when they're in proximity to others.
15 Jul 2013, business.mega.mu
By the time Paula Balzer joined TBA Global as its chief operating officer, she had already made a name for herself in corporate marketing and live events. ” The founder of Red Giant Marketing, Balzer knew her way around the boardrooms at Fortune 100 companies and the entertainment industry.
11 Mar 2013, business.mega.mu
It would not be a surprise if we reach 60000
11 Apr 2011, business.mega.mu
Dr Vasant Bunwaree opened the Orange Expo yesterday
08 Apr 2011, business.mega.mu


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2016 Subaru Forester changes, mpg, specs – The Forester is a great crossover which has been around for ages. It is very ease to drive and it offers quite the punch when you need it to. However, despite that, it is fuel efficient as well as roomy enough to get five passengers on-board without any problems. The current model of the car has been released back in 2013 and it is now going to receive a mid-cycle update with the next generation Forester. This update will give the car new equipment inside the cabin, slightly more efficient engines as well as a design change. Unfortunately, this is not going to be the redesign everyone was waiting for. The platform change is going to happen some time in the late 2016 or early 2017 while the 2016 model will be out by the end of 2015. The biggest change for this update is going to be the price of the car which has already been announced by Subaru and it seems to be a lot better than before. In fact, the new Subaru Forester 2016 can now be had for only $23,000 which is very good for its class while a price for Touring trim level goes over $34,000 which is still better than before and even better than many other cars in its class.
2016 Subaru Forester specs
Under the hood of the 2016 Subaru Forester there is going to be quite a bit of work done to its engines. While the base model will have to get along with the 2.5 liter naturally aspirated flat-four which is great for fuel efficiency but it can only offer 170 horsepower and 174 lb-ft of torque, the premium versions will also get the 2.0 liter flat-four which is turbocharged so it can provide 250 horsepower and 258 lb-ft of torque which is more than adequate for a car this size. Both engines are available as standard with a 6 speed manual gearbox which in our opinion is the one to have, or an optional CVT gearbox which is quite relaxing to drive but it doesn’t get near the feedback of the manual offering. The best part about it though is that the 2016 Subaru Forester is only available with the great Subaru all wheel drive system.
Unfortunately, the 2.0 liter flat-four diesel is still going to be missing from the US market which is a bit of a shame because it was fuel efficient as well as powerful enough for the car. A hybrid has also been ruled out which means that the Forester will have to do with the two base engines which are good but not great. When it comes to fuel efficiency the 2016 Subaru Forester 2.5l with manual gearbox is rated at 25 mpg combined (22/29 city/hwy) while CVT transmission raise those numbers up to 27 mpg combined (24/32 city/hwy) and 28 mpg combined (23/28 city/hwy) for 2.0XT models.
New Subaru Forester 2016 changes
The design of the new Subaru Forester 2016 is not going to remain unchanged either. The front and rear of the car will be all new. The massive headlights are going to be changed with slightly longer and slimmer ones more similar to that of the new Impreza while in the back the car will come with a standard spoiler as well as new LED tail lights. The wheels are also expected to be all new and there should be more color options for the buyers to choose from. A sport version of the Forester has also been rumored to hit the US shores but Subaru hasn’t said anything about it. However, if it will come out, it seems that it will be quite a bit more aggressive and it will feature a unique design for the front end.
Inside the cabin most things are going to remain unchanged from the current generation of the car. It will likely receive a bigger 7 inch screen for the base model or an 8 inch screen for the premium edition while the 2016 Subaru Forester Premium should now come as standard with leather upholstery.


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Embracing sustainable technology could help pull the global economy out of a downturn
Widespread investment in renewables and sustainable technology could help tackle the current global economic slump, according to an organisation chaired by former US vice president Al Gore. Speaking...
Energy Networks Association and National Grid reveal plans to harness green and flexible energy technologies through latest innovation strategies
Report: Four drinks brands accused of driving upwards of half a million tonnes of plastic waste annually
Tearfund estimates that the open burning of companies’ plastic products in six focus countries spews roughly 4.6 million tonnes of carbon dioxide equivalent into the atmosphere each year.
Transaction includes Solarcentury's partnership with IKEA and is aimed at allowing firm to focus on utility-scale projects
Auto trade bodies call for 'some adjustment to timing' of EU CO2 standards, as White House seeks to weaken fuel efficiency rules in US


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Tesla issued $13.8 million in stock to pay for trucks and trailers to transport its electric vehicles from the factory floor to customers, according to a new securities filing.
Instead of cash, the electric car maker used 49,967 shares at a maximum price of $277.05 a share as of Feb. 12 to buy the trailers from Central Valley Auto Transport, a California company that specializes in car carriers, Tesla said Monday in a filing with the Securities and Exchange Commission.
Central Valley Auto Transport hung up the phone during two attempts by CNBC to get comment. An email to the CEO wasn’t immediately returned outside of normal business hours. Tesla declined to comment on the filing.
Tesla said in its fourth-quarter shareholder letter that it is “continuing to purchase our own car-hauling truck capacity for vehicle shipments.”
Getting its cars from the factory to customers has been a challenge for Tesla in the past. Tesla CEO Elon Musk said in September that the company had moved on from its troubles producing the Model 3 midsize sedan to “delivery logistics hell,” but that the problem was “far more tractable.”
Tesla shares were about flat Monday morning. The company’s market value is approximately $50 billion.


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Elon Musk said that they are at a loss in the solar roof project. Tesla CEO Elon Musk said the company made significant mistakes in the Solar Roof project, which aims to produce solar-powered tiles, leading to further cost overruns and delays. Although the demands for the project, which first appeared in 2016, are high, the costs are challenging the company.
In a conference call with investors after Tesla announced its financial results for the first quarter of 2021, Elon Musk stated that an important demand for the solar roof is still being met, but it has not yet been widely presented.
Elon Musk says they are at loss in the solar roof project
Tesla emphasized that although he earned $ 494 million from the sale of energy production and storage products in the first quarter of 2021, he was generally not in profit. In addition to this income shortage, many customers express their reactions to the company due to the increase in the price of the panels when it is time to install.
On this issue, the CEO said, if an existing roof has problems with overhangs or underlying structure, and Tesla isn’t strong enough to hold solar tiles, the cost could be two or three times higher than estimates. Elon Musk also said that customers who do not want to pay the price increases are returning their deposits.
Earlier, Elon Musk said that 2019 will be the year of the sun roof. Stating that the CEO Tesla will expand their roof installations this year, he emphasized that they are looking for a long-term solution for a sustainable energy future.


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By: ENS Economic Bureau | New Delhi |
December 18, 2021 4:13:11 am
Commerce Minister Piyush Goyal
Commerce Minister Piyush Goyal said Friday India was likely to enter negotiations for a free trade agreement (FTA) with Canada in March or April 2022, and that members of the Gulf Cooperation Council (GCC) had as a group approached India to begin free trade negotiations. FTA talks are ongoing with the UAE, Australia, EU and Israel, and are set to start with the UK next month.
“Now all the GCC countries have approached us to start negotiations on behalf of the entire GCC grouping,” Goyal said, speaking at the annual convention of industry body FICCI. The GCC comprises Saudi Arabia, UAE, Bahrain, Kuwait, Oman and Qatar. India is likely to announce a separate early harvest FTA with the UAE for reduction of tariffs on certain goods within the next month.
Goyal also said India was exploring if an “India Mart” could be set up in Dubai to boost the profile of Indian products in African and Middle Eastern nations.
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Bloodstained: Ritual of the Night is a game that was launched on the crowdfunding site Kickstarter some time ago, posted by Koji Igarashi the project has quickly dominated the headlines with the achievement of being the most successful video game on Kickstarter.
This is thanks to the massive backing of $5.5 million that the game has received since it’s launch on the crowdfunding service, excessively over reaching its original $500k goal.
This means that the game has over taken the previous holder, Torment: Tides of Numenra, and even gotten close to beating other game related projects like Ouya and Exploding Kittens.
Ouya raised $8.59 million, and Exploding Kittens raised $8.78 million.
You can take a quick look at the project at the source link below.