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Research opens a ‘new universe’ of organic molecules that can store energy in flow batteries
Harvard researchers have identified a whole new class of high-performing organic molecules, inspired by vitamin B2, that can safely store electricity from intermittent energy sources like solar and wind power in large batteries.
The development builds on previous work in which the team developed a high-capacity flow battery that stored energy in organic molecules called quinones and a food additive called ferrocyanide. That advance was a game-changer, delivering the first high-performance, non-flammable, non-toxic, non-corrosive, and low-cost chemicals that could enable large-scale, inexpensive electricity storage.
While the versatile quinones show great promise for flow batteries, Harvard researchers continued to explore other organic molecules in pursuit of even better performance. But finding that same versatility in other organic systems has been challenging.
“Now, after considering about a million different quinones, we have developed a new class of battery electrolyte material that expands the possibilities of what we can do,” said Kaixiang Lin, a Ph.D. student at Harvard and first author of the paper. “Its simple synthesis means it should be manufacturable on a large scale at a very low cost, which is an important goal of this project.”
The new research is published in Nature Energy.
Flow batteries store energy in solutions in external tanks — the bigger the tanks, the more energy they store. In 2014, Michael J. Aziz, the Gene and Tracy Sykes Professor of Materials and Energy Technologies at the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS), Roy Gordon, the Thomas Dudley Cabot Professor of Chemistry and Professor of Materials Science, Alán Aspuru-Guzik, Professor of Chemistry and their team at Harvard replaced metal ions used as conventional battery electrolyte materials in acidic electrolytes with quinones, molecules that store energy in plants and animals. In 2015, they developed a quinone that could work in alkaline solutions alongside a common food additive.
In this most recent research, the team found inspiration in vitamin B2, which helps to store energy from food in the body. The key difference between B2 and quinones is that nitrogen atoms, instead of oxygen atoms, are involved in picking up and giving off electrons.
“With only a couple of tweaks to the original B2 molecule, this new group of molecules becomes a good candidate for alkaline flow batteries,” said Aziz. “They have high stability and solubility and provide high battery voltage and storage capacity. Because vitamins are remarkably easy to make, this molecule could be manufactured on a large scale at a very low cost.”
“We designed these molecules to suit the needs of our battery, but really it was nature that hinted at this way to store energy,” said Gordon, co-senior author of the paper. “Nature came up with similar molecules that are very important in storing energy in our bodies.”
The team will continue to explore quinones, as well as this new universe of molecules, in pursuit of a high-performing, long-lasting and inexpensive flow battery.
Harvard’s Office of Technology Development has been working closely with the research team to navigate the shifting complexities of the energy storage market and build relationships with companies well positioned to commercialize the new chemistries.
Learn more: A battery inspired by vitamins
The Latest on: Flow battery
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NoHo increases its guidance for EBIT margin of the restaurant business in 2022. The company now expect EBIT margin to exceed 8% (earlier: around 7%), supported by better-than-anticipated earnings development in the spring and early summer and compensation decisions confirmed by Finnish, Norwegian and Danish governments for H1. Top line guidance remains intact at around EUR 300m. Post-Q1 Infront consensus has been anticipating EUR 301m sales and 7.5% EBIT margin for 2022E and hence we expect around 6-8% positive consensus revisions. We have been in line with consensus on top line for 2022E, while we have been 5% ahead on EBIT. NoHo will release sales figures for June on week 28 and Q2 report on 9 August.
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Shipping and logistics management have long been segregated into disparate categories, creating an illusion that these areas of operation are highly divided in nature. In practice, shipping and logistics processes are heavily dependent on one another, and digitization is making unification across all aspects of the supply chain more critical.
The 2019 23rd Annual Third-Party Logistics Study found that shippers and 3PLs are increasingly working together to meet the demands of today’s customers. The simple reality is that new customer expectations for rapid responses to digital transactions are putting pressure on the entire supply chain. Businesses need visibility and flexibility to accelerate operations and keep costs under control, and modern supply chain management solutions are needed to deliver these goals.
Modernization is key as organizations across the supply chain recognize the importance of change. Approximately 51 percent of shippers responding to the 2019 Third-Party Logistics Study said they need to take new approaches to the supply chain. What’s more, 42 percent of those polled said they have not made significant changes to improve operational agility within the past four years.
The time for a supply chain overhaul is now. Here are four of the most prominent reasons why:
1. Last-mile and last-yard shipping is becoming more complex
Last-mile shipping has been a thorn in the heel of businesses for a long time, and it has only become more complex in recent years. A recent report from MIT News highlighted the last mile as a growing challenge because brands are facing pressure to establish multi-tier distribution networks. While many companies have moved warehouses outside of cities to reduce real estate costs, higher shipping volumes have forced organizations to rework their fulfillment strategies to create multiple tiers of distribution and fulfillment centers to streamline last-mile delivery.
These challenges are evident in the 2019 Third-Party Logistics Study, where more than 70 percent of shippers and 3PLs participating in the study said they need better metrics for last-yard delivery. Last-yard shipping refers to the process of getting a package from delivery into a customer’s hands. For example, a parcel may arrive at the reception area of a multi-housing dwelling. Tracking the last yard would be a matter of getting visibility into how the asset goes from reception to the customer. Just over half of shippers said they are handling last-yard shipping effectively, and only 34 percent of 3PLs think their customers handle these issues effectively.
In practice, last-mile and last-yard shipping is a daunting challenge because improving operations pushes organizations to:
- Gather more data from across locations, including details pertaining to everything from package delivery to driver-related data.
- Integrate information coming from diverse fulfillment centers.
- Differentiate between different types of destinations – retail stores, production locations, homes, multi-family dwellings and other building types.
- Communicate relevant data to diverse stakeholders who play a role in optimizing shipping processes.
Parcel management technologies lay the groundwork for strategic improvements in the last mile and the last yard. They can improve visibility across the supply chain, optimize the supply network and reduce the costs associated with getting goods to their destination.
2. Businesses must grasp technological opportunities
Updating operations in light of today’s digital technologies is not only necessary in response to changing operational demands – it also stems from a need to take advantage of marketplace opportunities. The 2019 Third-Party Logistics Study explained that shipping specialists are working more with 3PLs to seize upon their IT capabilities.
This is leading to a rise in outsourcing, particularly in areas such as domestic transportation, warehousing and freight forwarding.
The Internet of Things (IoT) is a prime example of the opportunity, and challenge, of leveraging modern technologies in the supply chain. On one hand, connected devices provide essential visibility into operations. Shippers can use a sensor in a truck to track environmental conditions for a regulated good automatically, receiving regular reports and creating an automated audit trail.
These types of process improvements can resolve a variety of pain points across the supply chain, and the IoT enables organizations to transform that potential into reality. In fact, PricewaterhouseCoopers found that businesses spent $215 billion on IoT solutions in 2015. That figure is estimated to grow to $832 billion by 2020.
It is not too late for shippers to start modernizing logistics and supply chain operations to take advantage of technologies such as the IoT. However, rapid growth in sectors like the IoT highlight that it is vital to move quickly to avoid falling behind competitors in the marketplace.
3. Multi-warehouse strategies are now necessary
As highlighted in the discussion about last-mile delivery, businesses are becoming more reliant on multi-layered fulfillment networks. They need to get products to customers faster, avoid spending too heavily on real estate and manage operations across multiple sales channels. Instead of having a monolithic facility to centralize distribution, these complex channels are pushing brands to shift toward moving goods between a variety of smaller storage and distribution centers, including small storage areas at production sites or in close proximity to customers. These kinds of strategies are forcing companies to:
- Increase the volume of both internal and customer-facing shipments.
- Create inventory visibility across a wide range of facility types.
- Optimize purchasing and deliveries across the supply chain to ensure production teams always have the assets they need in a timely fashion.
- Determine the best locations to store various assets based on sales and usage data.
Leveraging multiple warehouses comes with a heavy adjustment in the early stages of the process. When processes and technologies are updated around this strategy, organizations can streamline a wide range of processes, leading to dramatic cost savings, reduced errors and greater productivity. Achieving these gains hinges on adopting multi-modal logistics capabilities alongside parcel management and strategic technology investments to improve operations across every phase of the supply chain.
4. Customer expectations are constantly evolving
Most of the issues we have covered stem from a common problem that has been discussed thoroughly in recent years: Shifting customer expectations for product delivery has put pressure on businesses in all sectors to invest in transparency and efficiency throughout the supply chain.
The initial changes – two-day shipping as a default option, package tracking as the new normal, etc. – are established by now. The growing challenge today is to move beyond the initial shifts and preparing for consistent evolution in how customers engage with businesses.
Not only do organizations need to digitize supply chain and logistics operations in the moment. They also need robust data reporting so they can constantly track changes in their processes alongside market dynamics to make informed decisions at any given time.
Taking a holistic approach to modernization
One of the most prominent themes of the 2019 Third-Party Logistics Study was that shippers and 3PLs are increasing their collaboration with one another. These businesses are recognizing that they need to blend their operations and take advantage of modern digital technologies to keep up with industry demands.
This trend represents a major step forward in the sector, and it underpins our philosophy at Transportation Insight. We blend shipping, logistics, parcel management and supply chain management into a holistic vision for operations. This combination requires powerful technologies and a close, collaborative working relationship with clients, which is where we at Transportation Insight excel. Our greatest asset is our ability to blend our diverse services with access to modern technology, years of specialized experience in the field and a deep understanding of shipping best practices to modernize operations in an efficient, operationally sustainable way.


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Google is preparing to unleash its biggest Android update yet — Android 5.0 Lollipop.
With its newest version of Android, Google has revamped the entire user interface in addition to adding some under the hood improvements.
As per usual, Google's line of Nexus smartphones and tablets will be the first to get the update.
Google also says Lollipop is designed to work seamlessly across all types of screen sizes, ranging from smartphones, to tablets, watches, and even televisions.
Here's a quick tour of what to expect when Android Lollipop rolls out over the next few months.
Google has also added another folder called "Create" with its productivity apps, in addition to the standard "Google" app folder.
You can really see the influence of Material Design in the app drawer. Notice how app icons look as if they were drawn on paper.
Android Lollipop also introduces Google's new fitness hub, Google Fit. With Fit, you can bring all of the stats from various fitness apps together in one location.
Here's an example of what a widget looks like in Android Lollipop.
Here's a look at what Gmail looks like in Android Lollipop. It's much more colorful and the design looks flatter.
Android now also displays your open tabs in Chrome along with your recent apps, as shown below.
Here's what notifications will look like on your lock screen.
You'll also see your notifications when you pull down from the top of the screen.
Google has completely redesigned the keyboard in Android Lollipop. The new keyboard doesn't have any borders separating its letters.
The dialer in Android Lollipop gets a similar makeover. The borders that separate each key are gone, and it focuses more on colors.
When you use a Google app for the first time in Lollipop, you'll see colorful, cartoonish characters like this during the setup process.
Now check out what to expect from Google's new smartphone...
Get the latest Google stock price here.


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TOKYO -- With more Japanese beef being sold abroad than ever before, meat distributors are hoping foreigners will hanker for the premium cuts that penny-pinching domestic consumers pass by.
Beef exports hit all-time highs this year both in quantity and value. Through October, volume grew 40% on the year to 959 tons, beating a 12-month record of 909 tons set last year. All that meat was worth 6.2 billion yen ($51 million), an increase of 40%.
With fewer cattle being raised as more of Japan's graying ranchers call it quits, wholesale prices of domestic beef are rising. Premium grades make up a growing proportion of the beef going to market, but Japanese consumers are proving a consistently frugal bunch.
Supermarkets prefer to stock cheaper cuts, leaving the choicest bits little room for growth. The wholesale price of a kilo of sirloin has risen just 3% to 5,728 yen since fiscal 2012, compared with a 15% increase for round, which costs less than half as much, according to Agriculture & Livestock Industries Corp., an independent administrative agency.
Japan's beef industry is looking instead to foreign markets. Major meat distributors have organized trade shows and other overseas events to try to promote "wagyu" -- cattle breeds that produce Kobe beef and other famous varieties. The government has set a goal of raising beef exports to 4,000 tons, or 25 billion yen, by 2020.
Helpfully for the industry, the European Union this year ended a ban on imports of Japanese beef, a measure intended as a safeguard against mad cow disease and hoof-and-mouth disease. Japan's National Federation of Agricultural Cooperative Associations, which calls itself Zen-noh, began exporting beef to the EU in June. To try to whet appetites for wagyu, it has also opened eateries in the U.S. and Hong Kong this year.
S Foods, a big meat distributor, has been trying to find outlets for Kobe beef overseas since 2012. This past June, it began exporting beef to Germany and France. Fellow wholesaler Starzen has also started exporting to the EU and is making efforts to grow in Southeast Asia and the U.S. At NH Foods, better known as Nippon Ham, beef exports are up 70-80% this year.
Japan still exports only a fraction of the roughly 350,000 tons of domestic beef produced each year. Wagyu breeds are also raised in Australia -- and their meat sells for less than the purely Japanese variety. Finding ways of convincing foreigners to pay more for steaks made in Japan remains a challenge.


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Craft fair at Gypsum Creek on Nov. 7
Vail, CO Colorado
GYPSUM – A holiday craft fair at Gypsum Creek Middle School is set for Nov. 7. The 24th annual event will take place 9 a.m. to 2 p.m. at the school, 401 Grundel Way in Gypsum.
Visitors can shop for jewelry, books, artwork, clothes, candles, ornaments or greeting cards. The Parent Teacher Organization will have breakfast and lunch available. Children can pose for photos with Santa. For more information, contact the middle school at 970-328-8980.
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Email is routinely written off because Millennials are communicating over messaging services. However, when it comes to brands, it's still their preferred channel -- only on their terms.
The DMA announces its fight against the new ePrivacy draft rules, which will extend email opt-in to b2b. But hasn't this already been settled by GDPR's very clear, universal opt-in rules?
The reward is that the top players are seeing a rise in transactions through email. The alternative is to be one of the increasing number of brands that are languishing in rarely checked spare email accounts.
Email is at it again. After driving one in five sales over Black Friday and Cyber Monday, it is now proving three times more cost-effective -- as social is driving sales now that "buy" buttons have been exposed as disappointing.
That's the standout tip I picked up recently while catching up with the guys at MailChimp as email marketers prepare for the last weekend before Christmas.
It's easy to be turned by the new kid on the block, but marketers have to remember an email list is their own, while most of its Facebook fans belong to the social giant and can only be reached by paying to "boost."
New DMA research shows that Millennials are leading a new trend in email to be mobile and to ignore brands that are not relevant by leaving them to go unnoticed in unchecked accounts.
Two charities have been fined for wealth profiling and selling on email address without consumer consent, but what about a new energy database? It's supposed to help, but could end up getting the authorities into some very hot water.
It's their favourite medium to interact with brands, and given the challenges of ad blocking, fraud, viewability and brand safety, it's easy to see why email trumps display every time.
As if humiliating social on Black Friday wasn't enough, email is the only top channel to see huge sales growth this Cyber Monday. Apparently social created some "buzz."


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That is something that, as a coach, you try to teach your players.
Henry RUggs II WR Alabama Las Vegas Raiders 13.
Games against international teams became an annual event when the NBA launched the McDonald’s Open in 1988.
Clyde Edwards RB LSU Kansas City Chiefs Upcoming Super Bowl Games • Super Bowl LV Raymond James Stadium Tampa Feb.
Global game revenue is seen continuing to grow year over year, to an estimated $151 billion in 2019.9 billion in 2020 and more than $180 billion in 2021.
Full story here.
According to the USPS, The number of U.S.
The Top Five cities in which USPS employees reported they were attacked most by dogs in 2019 are Houston , Los Angeles , Chicago , Cleveland and Dallas .
According to New York-based research and digital goods measurement firm SuperData, the worldwide eSports market was $747 million in 2015, with year-over-year revenue growth largely a result of more brands and advertisers entering the market.
Neymar $95 million $79 million $25 million Soccer 5.
Both Kelsey and Camille, who share daughter Mason, 17, and son Jude, 14, have since remarried.
Pasecniks pulled down three rebounds and dished out two assists, accumulating a plus-minus of +5 in his 17 of playing time.
• Electronic Arts and FIFA have unveiled what they called a larger, evolved EA Sports FIFA 20 eSports ecosystem, the EA Sports FIFA 20 Summer Cup Series.
Damon Arnette llll CB Ohio State Las Vegas Raiders 20.
Noah Igbinoghene DB Austin Miami Dolphins 31.
Derrick Brown DT Auburn Carolina Panthers 8.
Reports during the U.S.
She was released on bail on Sept.
If approved, the IOC, Los Angeles and Paris may enter a tripartite agreement, clearing the way for IOC membership to simultaneously confirm the Olympic Games 2024 to Paris and the Olympic Games 2028 to Los Angeles at the next IOC session in Lima, Peru on Sept 13.
To find all players born within a certain month and year, for example all players born in December of 1985, choose the month and year with the drop down boxes and then choose the ‘Month and Year Search’ option.
Gabriel is dismayed to find out that the two quarterbacks already are friend.
Kirk Cousins $60 million $58 million $2 million NFL 10.
Jordyn Brooks LB Texas Tech Seattle Seahawks 28.
Big left https://www.footballapparelsproshop.com/Dallas-44-Jersey icon Big right arrow icon Close icon Copy Url Three dots icon Down arrow icon Email icon Email icon Exit Fullscreen icon External link icon Facebook logo Football icon Facebook logo Instagram logo Snapchat logo YouTube logo Grid icon Key icon Left arrow icon Link https://www.baltimoreapparels.com/36-Jersey Location icon Mail icon Menu icon Open icon Phone icon Play icon Radio icon Rewind icon Right arrow icon Search icon Select icon Selected icon TV icon Twitter logo Twitter logo Up arrow icon User icon Audio icon Tickets iconAdd to calendar iconNFC icon AFC icon NFL icon Carousel IconList ViewWebsite InstagramTwitterFacebookSnapchatShop IconProfile Overlay AvatarAddAirplayArrow LeftArrow RightArrow UpArrow DownAudioBack 5sBack 10sBack 30sCalendarChartCheckDownLeftRightUpChromecast OffChromecast OnCloseClosed CaptionsBench OffBench OnBroad OffBroad OnVertical OffVertical OnCommentDockDoneDownloadDraftFantasyFilterForward 5sForward 10sForward 30sFull Screen OffFull Screen OnGamepassGamesInsightsKeyLeaveLiveCombineDraftFantasyMenu GamesMenu NetworkMenu NewsMenu PlayoffsMenu Pro https://www.footballapparelsproshop.com/Baltimore-75-Jersey ShopMenu StandingsMenu StatsMenu Super BowlMenu TeamsMenu TicketsMenuMore HorizontalMore VerticalMy LocationNetworkNewsPauseplayMultiple PlayersSingle PlayerPlaylistPlayoffsPro BowlPurgeRefreshRemoveReplaySearchSettingsShare AndroidShare Copy URLShare EmailShare FacebookShare InstagramShare iOSShare SnapchatShare TwitterSkip NextSkip PreviousStandingsStarStatsSwapTeamsTicketsVideoVisibility OffVisibility OnVolume HiVolume LowVolume MediumVolume MuteWarningWebsite Caret downCaret upAt.


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The cruise line said it has decided to extend the suspension of sailings of its global fleet for all sailings through Sept. 15th, 2020, with a goal being to resume operations on Sept. 16, 2020.
The date would be the first day cruise lines can resume sailings. The cruise industry has been shut down due to the coronavirus pandemic since mid-March.
Carnival Cruise Line and Norwegian Cruise Line have already canceled cruises through September.
While Royal Caribbean plans to resume cruises on Sept. 16, some sailings have been canceled.
Canada sailings will be suspended through Oct. 31 due to the Canadian government’s extended travel ban on cruise ship travel. Bermuda sailings will also be suspended through Oct. 31.
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Get your iPads and tablets and smartphones out, golf fans. The PGA Tour is heading to the internet again to provide you a chance to watch golf even if you aren’t near a television set.
At the World Golf Champions-Cadillac Championship this week, the tour will offer about 20 hours of line streaming coverage. You will be able to watch either the par-3 13th hole or the par-3 15th hole from the TPC Blue Monster in Doral.
In addition, there is a live 30-minute preview show on Thursday and Friday at 9:30 a.m. PST).
If you have an iPad, the PGA Tour’s app for iPad will offer live video, live coverage of scoring and stats and more.
Over on PGATour.com, you will also be able to access leaderboards and news updates on things like player withdrawals and hot rounds.
See, who needs a television?


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Arun Sudhaman 30 Jan 2013 // 12:00AM GMT
LONDON--UK manufacturer DEK has shifted global PR duties to APCO after previously working with Grayling.
APCO is charged with overseeing DEK's global corporate profile, focusing on specific markets in the UK and Asia. These include London, Berlin, Shanghai, Beijing and Singapore.
An industry leader in mass imaging equipment, DEK previously called in Grayling to handle its global PR account in mid-2011.
DEK’s 40-year heritage includes several pioneering print solutions that focus on the area of electronics assembly, across such industries as automotive, computer, medical and consumer markets. The company also operates an alternative energy division that manufacturers solar and fuel cells, and a semiconductor business.
"From the outset it was clear that they are a firm capable of challenging convention and they will bring a new and exciting creative edge to our global communication programme," said DEK global marketing director Karen Moore-Watts. "DEK is entering a new phase in the company’s 40-year history and we are looking forward to upholding our reputation as the go-to printing experts across the world.”
The account will be led by APCO UK managing director James Acheson-Gray, who departed Grayling at the start of 2012.
“DEK is a highly regarded manufacturer with an exciting story to tell. It plays an integral role in the manufacture of electronic and alternative energy technologies that are a part of everyday life," said Acheson-Gray. "As with many manufacturers in these markets, the technology is highly complex and part of the challenge for us will be to communicate this in simple terms."


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- In India, Amazon's part-time Flex program gamifies delivery driving, Rest of World reports.
- Amazon drivers compete to win prizes, like phones, motorcycles, and gift cards.
- The program incentivizes drivers to work during holidays and reportedly has a 15,000 person waitlist.
Amazon is luring drivers into its part-time Flex program in India with the promise of phones, motorcycles, gift cards, and bonuses as a reward for spending more hours driving, Rest of World reported.
The 30-day program, called Delivery Premier League, pays drivers 25 rupees, or $2 an hour, and offers extra rewards as an incentive for racking up additional hours on the road. Rest of World reported that the program is in place to attract drivers during annual holiday season sales and periods of bad weather to maintain fast delivery speeds.
The program's design, inspired by the Indian Premier League cricket event, highlights how Amazon experiments with ways to incentivize workers and attract new hires.
"Customers want superfast deliveries, having Flex to manage that volatility in volume was great for us," Prakash Rochlani, the director of last-mile logistics for Amazon India, told Rest of World.
The program operates in 65 cities in India and has a 15,000-person waitlist, sources told Rest of World. The system reportedly has a leaderboard that tracks how many hours top-performing drivers work. Amazon did not immediately respond to Insider's request for comment.
Amazon has also rolled out gamification in some of its US warehouses, where programs with a video game-like aesthetic track how much employees work compared to others, with the highest-scoring workers receiving Amazon-branded merchandise.
Integrating games into the workplace can increase motivation, make work more fun, and generate competition, although success from gamification often depends on how well the game is designed.
The Youtube channel Your Driver Mike said Amazon Flex also offered a rewards system in the US, but that the biggest lure of the program was the hourly pay.
"I can work at my own pace because I'm guaranteed an hourly rate," he said.
While Amazon is constantly looking to hire to keep ahead of turnover, Amazon has also come under fire for its treatment of drivers in the US, where delivery drivers have reported that they've had to pee in water bottles in order to finish deliveries on time, and one driver reporting that she had to change her pads in the back of delivery vans while on her period.


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- February 3
- iPhone sales drop — what's to blame?
- Netflix’s password sharing crackdown already feels like a disaster — and it hasn’t launched yet
- Wi-Fi 6E is the must-have feature for your next phone — here’s why
- I test soundbars — and this blows everything else away for the Super Bowl
- Samsung Galaxy S23 — 6 reasons to buy (and 3 to skip)
- February 2


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OPCO Announces Sponsorship of 65th Annual BetterInvesting National Convention
Before the opening bell, OurPet’s Company (OTCQX: OPCO) announced its sponsorship of the 65th Annual BetterInvesting National Convention in Chantilly, Virginia. As part of this sponsorship, Dr. Steven Tsengas, chief executive officer of OPCO, and Scott Mendes, the company’s chief financial officer, were given the opportunity to present OurPet’s Company’s corporate story to a group of 450 independent investor club representatives.
“Not every good investment opportunity is inherently right in front of you,” Dr. Tsengas stated in front of a packed audience during his May 21 presentation. “Sometimes you need to explore and search for wise investment opportunities to balance your portfolio; and if you look hard enough, you’ll find well-performing ‘gems’ like OurPet’s Company.”
To view OPCO’s full presentation from the BetterInvesting Convention, visit http://dtn.fm/C5Dja
As one of the few non-retail pure pet plays available to investors, OPCO has been successful in attracting a sizable and diverse investor base. In recent months, the company has leaned on a strong intellectual property portfolio covering roughly 75 percent of all sales to increase its presence in the growing pet industry while further expanding awareness in the investment community. OPCO’s most recent financial results reiterate this progress, as the company reported double-digit year-over-year increases in both net revenue and net income for the three months ended March 31, 2016.
“We just want to get the OurPet’s story out to the investor community,” Scott Mendes stated in this morning’s news release. “Hopefully this presentation and others will help expand our investor base, which is currently comprised of over 600 investors.”
Building on the results of a strong first quarter that included both financial growth and the introduction of the innovative Intelligent Pet Care™ product line at the Global Pet Expo, OurPet’s Company is currently preparing to make a splash in the international pet industry. In an interview with DreamTeamNetwork, Dr. Tsengas stated that OPCO has recently been placing emphasis on increasing recognition of its OurPets® and Pet Zone® brands in South Korea, China and Japan, and the products have already “gained very strong following” in the Asian nations. Tsengas went on to indicate that international sales could be “one of the big positive surprises in 2016,” despite the strength of the U.S. dollar.
OPCO currently leverages a dual-branding strategy, marketing products under the OurPets brand to pet specialty channels and products under the Pet Zone brand to food, drug and mass retail channels. The company has also found success through e-commerce channels, with sales through e-commerce giant Amazon up by 16 percent in 2015, as compared to the previous year. In total, nearly 20 percent of OPCO’s sales are categorized as internet sales.
For more information, visit the company’s website at www.ourpets.com


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Notebook PC king Toshiba is likely to hatch its entry to the UK desktop market around Easter next year. The Japanese giant successfully launched the Infinia consumer line in the US this year and will replicate the programme here before following up with a business line.
"There is no fixed date but my bet is we'll be there early in the second quarter," said Murray McKerlie, Toshiba product marketing manager. "We will start with Infinia consumer products but there are plans all the way down the line for business products."
The company wants to be a top five desktop seller by 1998 with a six per cent market share, according to one Japanese report.


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“Officials from the commercial management department in Hamhung’s people’s committee started to enforce price controls in local markets about three or four days ago,” a South Hamgyong Province-based source told Daily NK on Feb. 10.
“The people’s committee is ordering local merchants not to raise their prices because of the crisis surrounding the coronavirus. They have even threatened merchants that they will no longer be allowed to conduct business activities if they raise their prices,” the source added.
Officials affiliated with the commercial management department are checking to see whether merchants have raised prices at Samil Market, Sapo Market, Kumsa Market and other markets in Hamhung at least twice a day, according to sources.
Kumsa Market is in a two-story building and merchants on the first floor reportedly contact those on the second-floor whenever commercial department officials show up to warn them.
TIGHTENING CONTROL OVER PRICES
North Korea began placing price controls over goods sold at markets right after the currency reform of 2009. Price controls disappeared, however, as the negative consequences of the currency reform grew larger. Economic officials have attempted to implement price controls in the past several times, but have failed.
A Daily NK source in Ryanggang Province also reported that people’s committee officials are monitoring prices in markets in the province, but local merchants are finding ways to avoid getting into trouble for raising their prices.
“Merchants switch the prices on their goods to those used [before the crisis] whenever officials make their rounds,” the source said.
North Koreans have expressed conflicting views on the government’s recent implementation of price controls.
“Some people are saying that it’s wrong to raise prices during a crisis like this,” one source told Daily NK. “They think that the price controls are a good thing and consider it natural for the government to tighten controls during times of crisis.”
Other North Koreans view things differently: “To some North Koreans, the price controls remind them of the government’s heavy-handed control over the markets in the early 2000s,” the source explained.
SKYROCKETING COMMODITY PRICES
Daily NK sources reported that the closure of the Sino-North Korean border has led to a drastic rise in commodity prices. Some areas have seen fuel prices rise by at least 60%. If the border remains closed, the North Korean economy could experience a drastic increase in inflation, sources warned.
“Market management authorities and monitoring teams are monitoring prices at the five major markets in Hyesan along with smaller street markets,” the Ryanggang Province told Daily NK. “Merchants are trying to avoid selling products at cheaper prices because they don’t know how long the crisis will last.”
The source also added that Chinese rice is now more expensive than North Korean rice, which has led market merchants at Hyesan’s five rice distributors to stop selling rice and flour to market merchants.
*Translated by Alek Sigley
Please direct any comments or questions about this article to email@example.com.


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What Restaurants Could Look Like After the COVID-19 Lockdown is Lifted
The novel coronavirus will change the way we dine at restaurants—but that's not necessarily bad news.
What will restaurants be like after the lockdown?
It’s no surprise that the food service industry has taken a hit during the COVID-19 pandemic. Curbside pick-up, Uber Eats and take-out orders became the new normal overnight as we learned to stay safe indoors. As restaurants are looking to start reopen in the months ahead, you may see some changes popping up at your favourite establishments. Spoiler alert: It’s not all bad news.
Restaurants may offer more outdoor seating
If you live in an area with great weather, this is a welcome change. Who doesn’t love enjoying a meal outdoors? Many U.S. restaurants are currently opening up their outdoor seating arrangements at half capacity. This way, restaurants can lower the risk of exposure by maintaining social distancing measures.
Take a peek at the summer forecast across Canada, according to AccuWeather.
Creative ways to maintain social distancing
Be prepared to see many creative and unusual social distancing practices popping up at your local restaurants and small businesses. European cafes and restaurants have already hopped on this trend by using pool noodles or setting up mini greenhouses to keep patrons two metres apart.
Find out 10 things flight attendants won’t be allowed to do anymore.
You’ll have your server’s full attention
With fewer tables to take care of, your server may be able to offer even more attentive service. Slowing things down creates an opportunity to make connections—albeit muffled through a face mask. Get to know your server and be sure to tip them well.
On the other hand, these are the etiquette rules you can now ignore because of coronavirus.
Take-out > Dining in
Take-out orders will remain a popular option in the coming months as people are starting to warm up to dining out. No matter if you go the take-out or dine-in route, you’re still supporting your favourite restaurant either way. Enjoy your take-out safely by opting for no-contact delivery and washing your hands often. Make sure you avoid these common hand-washing mistakes.
In the United States, where restaurants are beginning to reopen, the CDC’s restaurant guidelines recommend that establishments should reduce their seating capacity to allow for social distancing. So if you’re planning on dining out when restaurants in Canada follow suit, make sure to avoid peak hours or else you may be put on a lengthy waitlist. But hey, there is a perk to this. With a customer limit in place, that means you’ll have a quieter ambiance while dining out.
Check out the 15 things you should never eat at a restaurant.
In lockdown, most restaurants offering food delivery service preferred, or even requested, that customers pay with touchless methods like Apple Pay or with a debit or credit card. Cash may still be discouraged when you’re dining out to limit the spread of germs.
Our experts answer: How safe is it to have food delivered to your home during COVID-19?
Lengthy menus and buffet-style restaurants may take a while to return to the restaurant scene. As the lockdown is gradually lifted, expect to see a slimmed-down selection of items, including the establishment’s most popular and seasonal dishes. This allows restaurants to plan appropriately and use up their stock efficiently.
Find out how people are celebrating their birthdays in quarantine.
Extensive cleaning procedures
Masks, gloves and sanitizing stations are about to become the new norm along with other extensive cleaning and disinfecting procedures. How can you do your part? Wear a mask before eating and always remember to wash your hands.
No mask? No problem. Find out how to make a DIY face mask—no sewing required.
A rise in single-use utensils
In some restaurants, common items from plates and cups to forks and spoons will be single-use. Now’s not the time to be sharing drinks and appetizers, either (but honestly, this just means more food for you!).
Find out more germ spreading habits you need to give up now.
Increased appreciation for small businesses, servers and chefs
When times get tough, we lean on each other. Now’s the time to show your appreciation and support your favourite restaurants. Tip a little extra, smile a little more and order your favourite dishes, of course. We’ll all get through this strange transitional time together.
Next, find out what shopping could look like after the COVID-19 lockdown is lifted.


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The EU will no longer be the tax haven it once was for tech companies.
Manufacturing industry in the UK has done little to adopt automation and other digital technologies.
Google's Project Zero gave Microsoft additional time to fix the vulnerability before making it public.
Latest patches have apparently done little to reassure customers and shareholders affected by the security flaws.
The UK capital was ranked ahead of Barcelona and just behind Singapore when it came to the implementation of smart city technologies.
Chinese manufacturer may even reportedly spin off its lucrative iPhone manufacturing operation as it looks to widen research aims.
News shows shift in focus from Amazon's consumer business towards cloud and voice-controlled computing.
Hackers injected malicious code into a plug-in for the blind in order to mine for the cryptocurrency Monero.
The IOC has decided not to reveal who was behind the cyber attack that took place during the opening ceremony of the Games.
A proposed Senate bill would ban all devices made by the Chinese firms from being used by government employees.
The two companies have successfully tested network infrastructure and devices using the 5G New Radio specification.
The ShurL0ckr ransomware was able to avoid detection by a majority of anti-virus engines and cloud applications.
Businesses using devices from both companies will be eligible for new plans thanks to Allianz partnership.


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This has been a big day for the team at Night School Studio. The long-awaited follow up to the original Oxenfree released today on multiple platforms. That includes a mobile version that's available to all current Netflix subscribers. Shacknews recently had the opportunity to chat with Night School about the team's Netflix partnership, the long-awaited release of Oxenfree 2: Lost Signals, and moving forward as a prominent indie game developer.
"It's been interesting because it's almost like they just stuck a battery in our back for the things that we already wanted to do," Night School Studio Director Sean Krankel told Shacknews. "So I don't think things have changed, in terms of our creative approach, but now areas where previously we were only working with a contractor or a vendor, now we hired great graphics engineers and UX artists and hired a lot of the types of roles that we couldn't previously hire for. Another thing is, we can now put this game out globally in a way that we couldn't before, so we're translating Oxenfree 1 into 30 languages, we're launching [Oxenfree 2] in over 30 languages, so that's just stuff as an indie studio that you can't do."
Krankel notes that the Netflix acquisition has given Night School access to new resources, but the team remains left to its own devices and autonomous to the point that the team can do the projects that it wants. Krankel also talks about how talks had initially started about licensing and eventually developed into a full-blown acquisition.
Oxenfree 2: Lost Signals is available starting today on PC, PlayStation, and Nintendo Switch. It's also available on mobile devices at no extra charge to Netflix subscribers. Be sure to check out our review.. And for more interviews like this, check out Shacknews and Shacknews Interviews on YouTube.
Ozzie Mejia posted a new article, Night School Studios Director talks Oxenfree 2 & Netflix acquisition
Oh I forgot that is out today. Already 25% off for the Steam sale. Thanks Ozzie! Really liked the first one


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At this year’s IFA, manufacturers exhibited their prototype/hybrid gadgets. Several manufacturers have garnered attention from tech enthusiasts with their products, one of them being HP. The company announced its range of touch based Windows 8 computing devices for the future at IFA. HP has announced its Envy X2 laptop/tablet with Microsoft’s new OS. The company showcased the detachable screen of the device and the magnetic latch that that helps dock the screen. This device comes with an 8 megapixel HD camera in front.
Total weight of the device is 1.4 kg, where as in tablet mode without the dock the weight is 700 grams. The laptop-cum-tablet comes with Beats Audio integration, optional stylus SSD storage and NFC. Envy X2 Hybrid laptop is expected to be available first in the US towards the end of fourth quarter of 2012.
LG has also announced that its existing series of Ultrabook will have Windows 8. To its Spectre Series, LG has added the Spectre XT TouchSmart Ultrabook. This device comes with a 15.6 inch multi-touch Full HD-1080p display. The ultra slim device is just 18mm thick and weighs 2.2 kg. There’s mSATA solid state drive that supports Intel Thunderbolt, this making data exchange with external devices incredibly fast. Besides standard ports the device has HDMI-Out, USB 3.0 and Gigabit Ethernet. Spectre XT TouchSmart Ultrabook is expected to be available in the US at a starting price of $ 1400 in the second week of December.


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Read our full analysis for a more in-depth look at these trends.
Sustainable fashion: Secondhand chic
10% of global emissions are from the fashion industry. Sustainable fashion is making important contributions to reduce its impact.
- The fashion industry contributes 10% of global emissions and a fifth of plastic waste. Increasingly, consumers are looking for ways to make sustainable choices to lessen the environmental impact of their buying decisions.
- But inflation remains a headwind for many consumers, and the price premium they are prepared to pay for new, sustainable fashion is limited. Even among Millennials and Gen Z, only 4% of survey respondents were prepared to pay a 20% premium.
- The good news is that a significant reduction in the environmental footprint of clothing can be made by extending its lifespan. And the secondhand market for fashion in the U.S. is growing rapidly, increasing by 24% year-over-year (YoY) in 2022.
Disruptive Dozen: Top 12 emerging healthcare technologies
From obesity drugs to an Alzheimer’s blood test, 12 emerging technologies with the greatest potential to transform healthcare.
The path to a clean energy future
Our 10 key findings around the private sector’s role in transitioning to a low-carbon future.


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In 2021, 51% of local businesses paid for content creation and optimization, which is up from 28% in 2020..
Data-driven marketing is taking over the world—which is hardly a surprise considering the year we have had. 2020 was.
Turn back the clock two decades back and you will see TV ads, radio ads, and newspaper ads ruling.
30-second summary: More than 4500 digital marketing professionals from the USA and Europe participated in the anonymous survey. We.
30-second summary: The pandora’s box opened when the link building game got out of control at some point ultimately.
Marketing creativity has died right when we need it most. Although the exact time of its recent demise is.
As Matt Trifiro, CMO at Heroku, puts it, time and money are our scarcest resources. So we should allocate.


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Worthy Parts and Industry Link Media announce the launch of new web platforms leading into the 2019/20 financial year, as both companies work towards servicing the mining industry in their respective sectors.
Worthy Parts was founded in 2014, by Michael Worthington and wife Jaymi, after the mechanical workshop supervisor developed a business model aimed at minimising waste and catering to the growing demand of sourcing hard to find parts and machinery in the mining industry.
Michael’s business concept has focused on providing the mining industry with a website that would create opportunity for businesses to sell outdated stock, and source hard to find parts, as well as provide an opportunity for businesses to advertise their services.
During the growth of the Worthy Parts platform, Michael recognised the company’s requirement for more qualified staff members and has since grown the Worthy Parts team to include 9 trade qualified sales team members to aid with the industries growing needs.
Five years into the company’s growth, Michael and wife Jaymi released the much-anticipated redeveloped national services directory, with the aim to provide advertising opportunities to service providers working on ground level of the industry.
The cost-effective platform grew from January of 2019 and provided enough evidence to demonstrate the industry’s need for further developed media platforms aimed at the service sector.
Industry Link Media bridges the location gap between service providers across Australia, whilst still focusing on the promotional opportunities first boasted in the concept of the original business model.
The 12-month growth of the Industry Link Media platform saw the development and implementation of the inaugural WPIL Auction & Expo in 2018.
It was at the success of the first series of networking events that Michael and Jaymi made the decision to split the two companies, in order to continue servicing clients at a high capacity in the different aspects of the sector.
The media outlet aims to provide advertising opportunities at cost effective prices, for the services sector of the mining industry via a directory, news outlet and social media strategies specialised at providing resourceful information to the industry.
The launch of the new platforms formalises the division of the two companies comes at the announcement of the groups relocation from its Broadwood street workshop in Kalgoorlie, to a larger premises that will cater to its workshop requirements, freight and transport requirements and provide the Industry Link Media an office location to work with clients.
With the Worthy Parts brand expanding rapidly past the borders of Australia, catering to the international market, and the announcement of the second WPIL Auction & Expo, Michael recognised the needs for both companies to have their own identity.
“The two brands have successfully worked hand in hand as the growth of Industry Link Media over the past 12 months was backed by the already established Worthy Parts brand”.
“What we recognised is that the Industry Link Media outlet could provide clients
around Australia with an opportunity to have their business put on display in a physical and digital arena”.
The Worthy Parts brand works to source hard to sell and source parts or machinery across mining sectors globally and requires its own identity to do just that.
The division will become official as of July 1st, with the relocation of the companies into a bigger premise whereby they’ll be able to service both sets of clients and their requirements.
Worthy Parts has continued with a fast growth with the introduction of teams and offices in the east coast and in Perth.
Both companies are now recognised in their respective sectors within the mining industries and the formal announcement will be made at the 2019 WPIL Auction & Expo.
To find out more information about the separation of Worthy Parts and Industry Link Media, please visit www.worthyparts.com


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MG Gloster is a segment above the Toyota Fortuner and Ford Endeavour
MG is readying itself to launch the Gloster in India. While the launch might still be a few days away, Gloster has been officially been revealed and has also arrived at select dealerships. In fact, MG has already conducted the Media Drive of the Gloster and multiple comparative videos of the Gloster vs the competition are also available on the internet.
As the Gloster is a full sized SUV, invariably it gets compared with the likes of Ford Endeavor and Toyota Fortuner, which are the current best-sellers in the segment. In a new video uploaded by MyCarHelpline on their YT channel, the team has done a size comparison between the Gloster and Fortuner.
From the video, one thing is clear that the Gloster looks huge, when standing next to a Toyota Fortuner – which itself is a huge SUV when seen on Indian roads. This gives a basic idea as to how huge the MG Gloster really is.
In India, the Fortuner has been ruling the full-sized SUV segment for years. Even the previous version of the Fortuner used to be the segment topper. However, MG might want to change things around. Upon launch, the Gloster will land up becoming the largest, tallest, longest, and the widest car in its segment.
While the Fortuner itself is an imposing vehicle to look at, surprisingly, the Gloster manages to make the Fortuner look like a dwarf (comparatively). This could work out to be a key decision making factor for individuals who love to have a dominating presence on the roads (or in someone’s rear view mirror).
On the features front, like other MG vehicles, the Gloster will be a heavily loaded with tech and features. It will come along with features like ventilated seats with massage function for the driver, 3-zone climate control, a large panoramic sunroof, a 4WD transmission set-up, large touchscreen infotainment unit, multiple drive modes, lane keep assist, adaptive cruise control, automatic emergency braking and much more. The cabin of the Gloster too looks premium with the brown leather upholstery and brushed aluminum inserts.
Under the hood, customers will get a 2 litre twin turbo diesel motor for top variants and turbo motor for entry variants. The former will be able to dish out 218 hp and 480 Nm of max torque, while the latter will dish out 163 PS and 375 Nm. Transmission is taken care by an 8 speed AT on all Gloster variants.
Post the Gloster, MG intends to continue with its SUV onslaught in the country. After launching 4 SUVs, back to back (Hector, ZS EV, Hector Plus and Gloster), MG intends to bring in the petrol-powered ZS for the Indian market. The crossover will be pitched against products like the Seltos and Creta, which have currently been leading the charts in their category. With the launch of the ZS, MG’s overall share in the Indian market could go up as the mid-sized compact SUV segment in India has a sizeable set of buyers.


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Phoenix, Arizona–(Newsfile Corp. – October 14, 2019) – The Stock Day Podcast welcomed NUGL, Inc. (OTC PINK: NUGL) (“the Company”), the world’s first cannabis search app built for the people, by the people. CEO of the Company, C.J. Melone, joined Stock Day host Everett Jolly.
Jolly began the interview by asking Melone for an update on the Company’s projects over the past year. Melone shared that the Company has been experiencing continuous growth each month. “We have started generating revenue on five fronts now, which is exciting.”, said Melone. “We’re diversified, we’re expanding, and we have an amazing multimedia platform.”
Jolly then asked Melone to expand on the Company’s multimedia platform. Melone explained that the platform was developed to bring all members of the cannabis industry together and provide relevant and helpful resources. “What we’ve done now is created a marketing ecosystem within our community. We have three publications, in print and digital form, and we are doing video podcasts.”, said Melone, adding that the Company is also running advertisements in and out of their network. “We’ve built our own ad server.”
The conversation then turned to the Company’s revenue potential, and Jolly inquired about the use NUGL’s technology outside of the cannabis industry. Melone shared that the Company has recently developed a social media app, which will be merged with their directory and map platforms. Additionally, the Company has rebranded their gardening and lifestyle magazine, Gardens and Greenhouse. “That serves as a portal for companies that want to market without touching the cannabis industry.”, shared Melone. “When we launch the social media platform, our strategy is going to be to become a mainstream company that is a cannabis company.”
Jolly then noted that the Company has experienced substantial revenue growth over the last year and asked where this growth is coming from. “The growth is coming from all aspects. Print, digital, in the cannabis industry, and outside of the cannabis industry.”, explained Melone, adding that the Company is also seeing revenues from their video podcasting and featured profiles. “What’s exciting is that not only are we growing, but we are growing on all fronts.”
To close the interview, Melone shared his excitement for the Company’s growth and success. “We’re positioned to really be a dominant force in the space and we’re starting to see that emerge with the company.”, said Melone. “NUGL is going to be around for a long time and NUGL is an industry leader; We are grabbing the market aggressively.”
To hear C.J. Melone’s entire interview, follow the link to the podcast here: https://audioboom.com/posts/7395404-nugl-inc-discusses-their-aggressive-growth-strategy-with-the-stock-day-podcast
NUGL is the world’s first cannabis search app built for the people, by the people. Our goal is to build the most user-friendly app experience in the cannabis industry by listening to our users and giving them what they want. NUGL is the only cannabis search app that offers equal and unbiased search results. We don’t sell top-spot listings or fake reviews, so our data stays true. Use NUGL to search for genuine user-rated dispensaries, strains, doctors, lawyers, cannabis service providers, vape shops, hydro stores, brands and more. NUGL’s flexible web app has no geographic limitations and can rapidly connect cannabis companies, related vertical services and users. The NUGL iOS and Android app brings a powerful cannabis search tool within reach of anyone, anytime, anywhere with the ease of a smartphone.
For more information and updates, visit one of the links below.
Instagram (IG): https://www.instagram.com/nuglofficial/
Facebook (FB): https://www.facebook.com/nuglofficial/
Twitter (TW): https://twitter.com/nuglofficial/
LinkedIn (LI): https://www.linkedin.com/company/18617118/admin/
Garden and Greenhouse (GG): https://www.ggmag.com
NUGL and PMG Magazine (NUGL / PMG): https://nugl.com
Certain statements in this press release may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: “plans”, “anticipates,” “expects,” “believes” or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in the company’s business plan and filings with the OTC Markets Group.
Email: [email protected]
Phone: (714) 383-9982
Investor Relations & Financial Media
Toll Free: (888) 216-3595
About The “Stock Day” Podcast
Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America. Stock Day recently launched its Video Interview Studio located in Phoenix, Arizona.
Stock Day Media
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/48734


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Apple is likely to discontinue the iPhone X in the second half of this year, according to one analyst. Manufacturers of buildings said that the novelty will retain the original size SE the iPhone. There is not any clear information about iPhone SE2 build. Report further reveal that this new handset may power by A10 Fusion processor, Apple launched iPhone 7 series. Swiss National Bank now owns 19,248,516 shares of the iPhone maker's stock worth $2,966,581,000 after purchasing an additional 79,100 shares during the period. Apple will update the iPhone X, but won't kill it.
The entry-level pricing for these new iPhones will increase $100 with the iPhone X SE, which an LCD-based, single camera version of the iPhone X. However, the second generation of the iPhone will decrease the price by a hundred dollars. Over the last couple of months, there have been lots of leaks and speculations regarding the launch of the iPhone SE 2 and the latest reports suggest that it will launch as early as May, 2018. Low price and DSDS feature of 6.1-inch iPhone, it is expected to witness the boost in the shipments and the chart breaking the sale of the product.
And last week, the KGI Securities analyst Ming-Chi Kuo wrote that Chinese smartphone makers had caught up to Apple's augmented-reality technology, which the company had heavily invested in, in less than a year. The production of the cheaper iPhone models is expected to start three to five weeks after Apple starts making the yet-unconfirmed OLED models rumored to arrive this year. The Touch ID would be placed at the home button and there would be no notch on the display. Some macro factorsare at play, too.
Apart from speculating the launch date, the latest report also divulges some details about the iPhone SE 2's design, which it claims will largely remain identical to the previous model. However, with several reports claiming that the smartphone will be released next month, it could only be a matter of weeks before an unveiling event is announced.
The iPhone SE is a popular model and is selling well in emerging markets like India.
The listing spotted suggests that iPhone SE 2 might still be a happening since there are few newer model numbers, which indicates this possibility. So, we can expect the iPhone SE 2 to launch in May.
Sadly, there is no any official confirmation regarding the availability of this new generation iPhone SE 2 available at this moment.
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Has your savings rate risen?
The Bank of England Monetary Policy Committee has raised rates from 4.75% to 5%. It's the second rate rise this year and puts interest rates at their highest level in five years.
Our rolling coverage alerts you to how banks and building societies are reacting to the recent decison by the Bank of England to raise interest rates. It also exposes those that don't adjust their rates. You can also check any changes by looking at our best savings rates tables, which we update when changes are announced.
The bank says it will not be raising the interest rate on its easy-access account from its current 4.75%. However it is launching a new internet-only account, available to existing customers, which will pay 5.25%.
Kent Reliance BS
The building society is raising the top rate on its easy-access savings account (£50,000 and over) from 2.80% to 3.0%. The rate on its regular saver account stays the same at 4.5%.
Nationwide will be increasing the rate on all its variable accounts. Most, but not all will receive the full 0.25% increase. Monthly income 65+ will rise to 5.02% AER, e-Savings will rise to 5.05% and Instant Access Isa will rise to 4.85%. Full details are available on their website.
Alliance and Leicester
Only a few A&L savers will benefit from the recent rate rise, including those with the Plus Saver account, linked to Premier current accounts, which will rise from 4.3% to 4.55%. Young worker and Direct Saver will also rise by the full 0.25%. Online saver Issue 2 will rise by 0.15% and easySaver will rise by 0.21%.
Cahoot's standard online savings account will rise from 4.8% to 5% from November 9, for new and existing savers.
ICICI Bank UK
ICICI has raised the rate on its online HiSave account to 5.45% from 5.15%.
Dunfermline Building Society
Dunfermline will raise rates on variable savings accounts by the full 0.25% from 1 December.
Tesco will raise rates by 0.25% on all instant access savings accounts from 6 December.
Halifax has raised the rate on its Guaranteed Saver from November 10. It now pays 4%, or 5% to those with a Halifax or Bank of Scotland current account into which they put £1,000 a month.
Maximise your savings
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Cheshire Building Society
The 50 Plus Freedom account will rise to 5.1% from November 11. It has yet to announce new rates to other savers.
The Easy Access account will rise to 5.1% from November 15.
IceSave will increase the interest rate on its easy access online savings accounts from 5.2% to 5.45%, effective November 15.
The Post Office is increasing the rate on its Instant Saver account from 5.0% to 5.25%. The new rate will be available for new and existing savers from December 6.
M&S Money is increasing its cash Isa rate from 4.75% to 5.00% with effect from November 10.
The AA will pass on the rate rise to holders of all variable rate accounts, including Phone & Save Bonus Savings Account, which will rise to 5.35% AER, from 5.10% and the internet savings account, at 5.12% from 4.87%. Rates will rise from December 1.
National Savings and Investments' Direct Isa will rise to 5.55% from 5.30%, effective immediately.
What are the other savings providers saying?
• ING Direct: Currently 4.75%. 'Rate is under review.'
• NatWest: 'Rates are under review'
• Barclays: 'No announcements yet, rates under review.'
• Bradford & Bingley: 'Rates are under review, a decision will be made later this week.'
• HSBC: 'No decisions have been made.'
• Birmingham Midshires: 'Rates are under review, no decisions have been made.'
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U.S. consumer spending in June recorded its smallest gain in four months as demand for automobiles softened, suggesting the economy lost some momentum at the end of the second quarter.
The Commerce Department said on Monday that consumer
spending rose 0.2 percent after a downwardly revised 0.7 percent increase in May. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, was previously reported to have advanced 0.9 percent in May.
June's increase was in line with economists' expectations.
The data was included in last week's second-quarter gross domestic product report, which showed consumer spending expanding at a 2.9 percent annual rate and the overall economy growing at a 2.3 percent pace.
While the tepid consumer spending suggests less vigor in the economy heading into the third quarter, any slowdown is likely to be mitigated by a strengthening housing sector and tightening labor market.
The Federal Reserve last week described the economy as expanding "moderately," upgraded its view of the labor market and said housing had shown "additional" improvement.
The Fed's assessment left the door open for a possible interest rate hike in September, which would be the first increase in nearly a decade.


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Virgin Mobile is set to challenge Latin American giant America Movil after entering the Colombian mobile phone market on Wednesday.
Virgin Mobile sim cards became available in Colombia for the first time on Wednesday, as British billionaire Richard Branson’s company looks to challenge America Movil’s domination of the telecom sector, the flagship company of the world’s richest man, Carlos Slim.
The new sim cards will be available on a pay-as-you go basis, and will differ from existing models by charging per second rather than per minute under it’s newly named “anti-plan” plan.
The move represents Virgin Mobile’s second foray into the Latin American market, after successfully gaining 100,000 subscribers in less than six months in Chile. “Within the next five years, we hope that anyone in Latin America can use a Virgin Mobile phone”, said Branson in 2012.
Vigin Mobile’s entry into the Colombian market comes just months before the proposed June 26 auction of seven licenses for Colombia’s new 4G mobile spectrum.
According to Communications Minister Diego Molano, the new spectrum and auction will “promote more competition and attract more providers” to the Colombian market, two thirds of which is currently dominated by Claro, a trademark of America Movil, who will have limitations imposed against them in the auction.
“We are opening a new era for mobile phone users in Colombia … being able to say to Colombians that starting today they will not pay a second more than they use is transcendental progress for the sector” declared Juan Guillermo Velez, president of Virgin Mobile Colombia.
- Virgin Mobile lanzó su oferta comercial en Colombia (El Colombiano)
- Virgin looks to take on America Movil in Colombia (Ft- beyondbrics)
- Colombia aspira a conseguir al menos 250 mln dlr en subasta telefonía 4G (Reuters America Latina)
- Colombia Plans 4G License Auction in June (Cellular news)


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Wal-Mart has in recent years spent billions on its e-commerce focus. The investments have included numerous acquisitions and significant internal growth at the retailer’s @Walmartlabs group. The investments have cut into earnings, and equity analysts are now wanting to know when the investments will pay off.
The question was the first one asked of Wal-Mart’s top execs when they met with analysts following the retailer’s annual shareholder meeting in Fayetteville on June 5.
Earlier this year Wal-Mart Chief Financial Officer Charles Holley said that the full year earnings per share guidance includes between 6 cents to 9 cents per share in e-commerce investment.
“We are focused on creating an endless aisle and appealing to our customers’ changing needs. (This year) we expect capital investments in e-commerce worldwide to be between $1.2 and $1.5 billion … and these investments will include technology, infrastructure and other areas to support e-commerce and digital initiatives to serve customers,” he explained during the company's February earnings call.
Last year Wal-Mart spent $1 billion on its e-commerce business. Holley said the greatest investment of capital for the e-commerce operations will come over the next 18 to 24 months, and then the investment should begin to moderate in fiscal 2018.
In defense of the spending, Walmart Global e-Commerce CEO Neil Ashe told analysts on June 5 that in the past three years the retailer has doubled the size of its e-commerce business.
“We’ve built out a new technology platform in the U.S. and built a new fulfillment network. We have also built thriving businesses outside the U.S. in Brazil, China and the U.K. We feel good about our progress,” Ashe said. “Now we are starting to use that infrastructure to try and transform the shopper experience in e-commerce and in stores and clubs.”
Ashe said to build out a new online platform at Wal-Mart’s global scale that handles global e-commerce, digital commerce and integrate in the supply chain fulfillment in just 2.5 years is “pretty special.”
“It was engineered with next generation architecture that is built to scale and now can have an impact on not only e-commerce business, but also throughout the rest of the enterprise,” he said.
Ashe also said part of the reason the investment is higher is because “we are building out a lot of businesses from the ground up, digital and e-commerce at one time. If we could build them one at a time they would fund each other, but doing all that at once raises our cash outlay.”
This year @WalmartLabs said it expects global e-commerce sales of $12.5 billion, but driving e-commerce sales higher is not the only focus of its operations. Ashe reiterated that new technology innovations are starting to permeate the entire organization with the goal of better customer service.
“Looking forward we expect an increase in global e-commerce sales of around 25% in fiscal year 2016, and we anticipate growth over the three-year period from fiscal years 2016 through 2018 to average 30 to 40%,” Holley said.
In the past five years, Wal-Mart has acquired 14 startups to the tune of roughly $2 billion according to Wall Street estimates. Ashe told reporters during shareholders week that @WalmartLabs is always looking for possible tech acquisitions because it will never have all the pieces in place given the constant changes underway.
“We have made a number of tech acquisitions since I’ve been here, but more interestingly we have found pieces of technology, capabilities, talent and groups of people that we have integrated into our enterprise. You should expect to see even more of those going forward,” Ashe said.
INNOVATION FOCUS, PATIENCE REQUIRED
Wal-Mart CEO Doug McMillon told the analysts that progress is being made to build the infrastructure needed to help the retailer integrate online and in-store capabilities. Now he said the focus is more on innovation looking forward to those applications that shoppers do not yet know they want.
“These are innovations that will help customers save time as well as money. “We are all aware that we have a 52-year-old model that historically performed on the backs of supercenters. Today we must integrate technology and find the best ways use these assets while also improving the overall customer experience,” McMillon said.
In the short-term he said the company is excited and comfortable about the cash allocations and investments in technology.
“We understood when we made them that it would take time to pay off. We can’t magically answer for you which date these investments will return profits. It will be quarter to quarter improvements,” he said.
McMillon said the retailer’s overall spending is putting pressure on short-term earnings, but said Wal-Mart has to “get this right” which is why they have become more flexible in testing new ideas simultaneously. He said the nimbleness is allowing them to the test and learn quickly and hopefully fail less often. McMillon told the analysts that tech spending would be higher for three years and they would just have to wait and see how this pays off in the months, quarters and years ahead.


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Author’s note: The information shared in this article provides only a fraction of the data and insight offered by presenters. HFMA members can view on-demand sessions beginning July 21.
When healthcare consumers were asked in a recent national study about their experiences finding, accessing and paying for healthcare, they reported struggling to navigate each of those areas. Throughout the entire process, there also is a lack of clarity about the cost of services.
Presented at the July 17 HFMA Digital Annual Conference session “Creating a consumer-centric patient-experience in a post-pandemic world,” the insights were based on the input of 1,945 consumers across the nation who participated in a study conducted by the Harris Poll and commissioned by Change Healthcare.
“We were frankly startled by the information that the consumer has shared back with us,” said Bill Krause, a vice president and general manager with Change Healthcare and one of the session presenters.
Every step of the journey is difficult
“Consumers are telling us, they’re feeling like they’re general contractors for their healthcare needs,” Krause said. “In fact … [56%] are telling us that it’s very difficult for them to coordinate care across all the providers they’re seeing.”
Krause also shared that 67% of study respondents said every step of the healthcare process “feels like a chore,” and 62% believe the healthcare experience was “designed purposely to be confusing.”
“We know, working hard every day in the trenches to improve the healthcare consumer experience, that’s not the message we want to hear,” Krause said about the disconnect between healthcare providers and consumers.
Although finding healthcare is hard, consumers said accessing and paying for it is even more difficult for them, according to Abbey Lunney, director of trends and thought leadership at Harris Insights & Analytics and Krause’s co-presenter.
Pain points in finding healthcare
“Initially, what we see is that the journey is so overwhelming, many are opting out altogether,” Lunney said. Additional study results show:
- 67% of study respondents say “finding a great doctor or medical practice is like finding a needle in a haystack”
- 60% say the search takes too much effort
- 62% say it takes too much time
“Often when faced with those mountains to climb, half of consumers have avoided care, simply because they just weren’t sure where to start, which was particularly true for millennials and parents,” Lunney said.
A similar number of respondents avoid healthcare due to costs and the lack of price transparency, according to Lunney.
Pain points in accessing healthcare
Once consumers find the healthcare they need and schedule an appointment, the next step is accessing care, Lunney said. Respondents said the most difficult parts of this process were:
- Knowing whether their healthcare plan covers the proposed treatment, or whether the plan proposes another treatment and why
- Understanding what impact the care will have on their out-of-pocket costs
- Gathering and completing the necessary paperwork
- The top three barriers consumers face when trying to access care are:
- Difficulty finding a provider that takes the time to understand their full history and speak with other care providers
- Gathering and completing necessary paperwork
- Not fully understanding whether and how the cost of treatment may change during the visit
Pain points in paying for healthcare
Paying for care is the most complex part of the journey for consumers today, according to Lunney. The following issues were described by study respondents as top pain points:
- 68% say they don’t know how much an appointment will cost until months after the fact
- 61% say when bills do arrive, they are more complex than a mortgage payment
- 59% of respondents don’t know how much an appointment will cost beforehand
- 48% are uncomfortable asking the provider for more details on what they owe
The top 6 things providers can do to ease the pain
Among study respondents, the top six requests are for healthcare providers to offer:
- Transparent language on billing information about what was charged and why (38%)
- A portal that tracks the path and status of a medical claim (24%)
- Payment plans that allow consumers to pay for a portion of the services at a time (23%)
- Information on how to negotiate or dispute a charge (21%)
- Automatically negotiated rates based on the volume of services (18%)
- Push notifications whenever activity occurs on a medical bill (17%)
Providers understand they have work to do
In to a 2019 healthcare consumerism survey by Kaufman Hall, providers indicated they understood the importance of consumer-centric priorities, such as improving the customer experience and using digital tools, but also noted they did not have capabilities to make those things happen, Krause said.
The provider industry ranked its capabilities very low in bringing the consumer-centric priorities to life, “suggesting that there’s a lot of work to be done,” Krause said.


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Did you miss the news this morning? Don't worry, Dublin Live has got you covered.
Here's what's going on.
Copper Face Jacks is now accepting contactless card payments
Warning: the famous Coppers is now accepting contactless card payments.
The Harcourt Street haunt will allow revellers swipe their cards on all purchases under €30.
Man brutally gunned down in Lusk dialled 999 himself
The man shot multiple times in Lusk rang 999 himself ads he lay bleeding on the ground.
Get the full story here.
Dublin Bus lotto winners yet to collect €23.8m jackpot as one driver is on holiday
The syndicate still hasn't picked up the cash as one its members is on holiday.
Find out all the details here.
Watch Conor McGregor spar boxer in clip from The Mac Life
Conor McGregor has released the first clip from his upcoming documentary series The Mac Life.
Dublin Airport splashes €2million on self-service check in kiosks
Dublin Airport has splashed €2million on self service check in kiosks for four of its major airlines.
It is claimed the 62 high-tech gadgets will speed up the check in process.
Here's how it works.


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On 30 September 2020, Covestro signed an agreement to acquire the Resins & Functional Materials business (RFM) from Royal DSM. According to Covestro, by expanding its portfolio in the attractive growth market for sustainable coating resins, the company is taking a significant step in its long-term corporate strategy to strengthen its sustainable and innovation-driven businesses.
Adding about EUR 1 billion in revenues and an EBITDA of EUR 141 million (2019), the integration of RFM is a substantial strategic growth opportunity to expand revenues of the Coatings, Adhesives, Specialties (CAS) segment of Covestro by more than 40 % to about EUR 3.4 billion (2019 pro-forma). The acquisition creates one of the leading suppliers in the field of sustainable coating resins, with one of the most comprehensive and innovative product portfolios that enables a compelling customer value proposition, said Covestro. The company agreed to a purchase price of EUR 1.61 billion, which will be financed through a combination of equity and debt instruments.
Dr. Markus Steilemann, CEO of Covestro: “This acquisition is an important step for our corporate strategy. RFM enhances the growth trajectory of our business. By combining our strong innovation capabilities, sustainable product portfolios as well as complementary technologies and customer industries, we will unlock significant value. At the same time, it is also a key step to drive innovation for the transition towards a circular economy.“
Covestro said the integration of RFM will create a business of enhanced scale and technological capability, benefitting existing and future customers as well as its employees through a stronger growth platform. The company said it is already one of the leading providers of water-based polyurethane dispersions. With the acquisition of RFM, it will add a complete range of water-based polyacrylate resins and will expand its technology portfolio to include water-based hybrid technologies, powder coating resins as well as radiation curing resins. RFM includes strong brands in terms of sustainability such as Niaga, as well as additive manufacturing, and an advanced solar coatings business.
The acquisition diversifies Covestro’s industry exposure and also significantly strenghtens the company’s positioning in attractive high-growth markets. Amongst others, Covestro will become one of the leading suppliers in the field of optical fibre coatings – a market segment with enormous future potential, including the future technology of 5G – and in the attractive high-growth segment of 3D-printing materials, showing an average growth rate of more than 20 %. Furthermore, the optimal fit of the combined geographic footprint is strengthening Covestro’s proximity to customers in all key markets and is expanding its global production network by more than 20 sites, the company said.
Integrating RFM into the CAS segment of Covestro is said to create significant opportunities to unlock incremental value. The company expects permanent (“run-rate”) synergy effects to build-up to about EUR 120 million per annum from full integration by 2025. These consist of approximately two-thirds of cost and one-third of revenue synergies and are generated amongst others through the alignment of purchasing, sales and administrative structures in the integrated business as well as cross-selling and the joint development of new high-performance products.
“The acquisition is strategically and financially a perfect opportunity for us to pursue our long-term growth strategy at highly attractive conditions and tangible synergies. With the chosen financing structure, we are striking the right balance between equity and debt,” said Dr. Thomas Toepfer, Covestro CFO and Labor Director. “We look forward to welcoming our new colleagues under the Covestro roof soon. Together, we will work towards bringing our joint potential to life.”
Closing of the transaction is expected in Q1 2021 and is subject to regulatory approvals, including antitrust clearance.


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Once again is celebration time at Villa D’Este, the venue of the 85th Concorso d’Eleganza to be staged from 23rd through 25 next May.
Rolls-Royce is celebrating its 110th anniversary few months ahead the day the first Rolls-Royce debuted at the Parisian Grand Palais in December 1904, whereas Maserati will be honoured for its 100th birthday, which also will take place this December.
A unique exhibition in the rotunda at Villa Erba will be dedicated to the Spirit of Ecstasy emblem typical of Rolls-Royce. The story of winged radiator figurine that since 1911 has become the world’s most renowned emblem of Britain’s motoring heritage will be on display next to some of the rarest Rolls-Royce of the past. BMW Group Classic, which is hosting the Concorso for the 10th consecutive years, has announced that « The automobiles on display from the various eras all, in their own individual way, embody the “striving for perfection” which company founders Charles Rolls and Henry Royce made their guiding principle early on». A «can’t miss» occasion for the «silent» Rolls-Royce and British motorcars lovers.
There will be a lot more to see, as usual. Not only the complementary event dedicated to motorcycles but also some memorabilia from the Montecarlo Rally, which first Mini victory 50 years ago will also be highlighted.
The event «to which BMW Group Classic and the Grand Hotel Villa d’Este jointly invite fans of historic cars and motorcycles», some 50 select vehicles will once again take part in the beauty contest. The mood this year will be inspired to the spirit and lifestyle of the Roaring Twenties. To start with the dinner for the guests of honour at Villa Visconti reflect the theme of Hollywood’s The Great Gatsby. The movie will actually been on the big screen for the public at Villa Erba in a temporary open-air cinema on Friday 23rd.
According well informed sources BMW will also bid for its share of glory by unveiling two all new concepts or dream cars. I am not sure they will be world-premieres, in view of the Beijing Auto Show but surely Villa D'Este will be the perfect venue for a first look in daylight and in the most appropriate setting. Last year Villa d'Este presented as gift to the participants the world unveiling of the Gran Lusso Coupé designed and built in co-operation with Pininfarina.
Unfortunately the spirit of the Roaring Twenties will hardly be found in the contemporary and futuristic show-cars that will be compete for the «Concorso d’Eleganza Design Award for concept cars and prototypes» but at least there will be the Maserati Alfieri honouring the name of one of the founder of the company.
Will see you there? Tell us if you are coming!


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Epic is dropping a bunch of cryptic Fortnite C2 Season 2 teasers
Finally, after four months of waiting, Epic has started dropping a bunch of teasers for the next major update to its hit battle royale game. On its Twitter account this week, Epic has released a series of images — three, as of Monday — teasing some big change that will arrive with the game’s Chapter 2, Season 2 (C2S2) update, ones that involve a black-and-gold color scheme but precious few actual details. Fortunately, we won’t have to wait long.
Epic introduced the major Fortnite Chapter 2 update in November 2019, something that ushered in a new island and that was very exciting…for the first several weeks. The game has since stagnated with no truly new content; the biggest shakeup involved the Star Wars crossover that added some Stormtroopers and lightsabers to the game, but that wasn’t enough to keep everyone happy.
On February 20, following a previously announced delay, the second season in Fortnite‘s second chapter will finally be released. Players have no idea what to expect from this update, but it will no doubt be a major one (at least, we should hope so). There’s some speculation that Epic may be planning to flood the island, but the evidence for that is shaky at best right now.
The company isn’t helping with its three newly released teasers — fans have no clue what they mean and there’s little incentive to try and figure them out considering that we’re so close to the next update. The teasers include a blurred out face, words in various languages that indicate some type of ‘helper’ is inbound, and the date 02/20/2020. Whether Epic delayed the update to get that 2-centric release date is unclear.
Teasers in these images and tweets include the word ‘Origin,’ some coordinates, and ‘Transmission Intercepted.’ One bit of imagery shows a storm, another shows the EGO logo, and yet another shows a large ship. Game leaker HYPEX has added a new piece to the puzzle, finding three specific coordinates indicated by the tweets:
The locations are near Dirty Docks, Frenzy Farms, and Pleasant Park. It’s unclear what will happen at these locations, however. We’ll know on Thursday when the next update is released.


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Nintendo has closed its California Office today, which is displacing around 100 employees, sources report Kotaku.
The Redwood City location was one of three main offices for Nintendo of America, headquartered in Redmond, Washington. Sources tell Kotaku the closure included the resignation of SVP of Sales and Marketing, Nick Chavez, who had previously announced on Friday via LinkedIn that he would join Kentucky Fried Chicken to help them get the Yum! Brands.
The SVP position was previously held by Doug Bowser President of Nintendo of America after Reggie Fils-Aime resigned in 2019.
Nintendo did not immediately respond to a request for comment.
Update: 10/29/21, 7:20 p.m. ET: Nintendo of America has confirmed that its Toronto office will also be closed. Here is the full statement:
Nintendo of America is headquartered in Redmond, WA and Vancouver, BC. We are moving more of our people and operations to this headquarters and will be closing small branch offices in Toronto, ON and Redwood City, CA over time.
Devon Pritchard, Executive Vice President, Business Affairs and Publisher Relations at Nintendo of America (NOA), will take over the interim management of sales, marketing and communications after Nick Chavez has left. Ms. Pritchard will oversee the strategy and execution of sales, marketing and communications in the United States and Canada.
Continue reading: How Reggie Fils-Aime became a Nintendo legend
According to Nintendo, the Redwood offices housed the sales and marketing departments, as well as a field service team dedicated to working with retail stores across the country. Video documentation of the offices in 2012 featured Redwoods halls filled with plush toys and toys of important Nintendo characters.
While it’s not yet clear what caused Nintendo to close the office, a source said Kotaku that many of the now displaced employees were upset about the decision.
Closures and restructurings of any kind are rare at Nintendo. The enterprise has downsized its office in South Korea in 2016 and restructured Nintendo of Europe back in 2014, which ultimately led to over 300 people are laid off. The former CEO, the late Satoru Iwata, was known to be resistant to layoffs, Investors say They were bad for staff morale and took Wage cuts during the disastrous Wii U years.
More recently, with the continued success of the Switch, Nintendo has made a return to the heyday of the Wii and DS. Until last month, was the best-selling console for 33 consecutive months. That streak was broken by the PS5.
Update: 10/29/21, 6:36 p.m. ET: Added more information on Nintendo’s past restructuring.


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NORFOLK, Va. -- Officials for Hofheimer's Inc., a 97-year-old, family-run shoe-store chain, confirmed Monday that they have sold the concern to a British shoe company but will continue to operate the stores.
Lewis D. Hirchler, Hofheimer's president and a grandson of one of the founders, said Ward White Investments, Ltd., a subsidiary of Ward White Group of Northamptonshire, England, purchased the Norfolk-based chain.
Hirchler would not disclose the purchase price, but last week, Ward White said it bought Hofheimer's for $23.5 million.
Hofheimer's, started in 1885 by three brothers, now has stores in Virginia and North Carolina. Last year's profits were $4.1 million, and sales totaled $35.9 million.
Ward White Investments, with profits of $5.9 million and and sales of $176.1 million, operates stores in England, Ireland, Sweden, West Germany and Australia.
It recently acquired the 20-store Charles Kushins Inc. chain of California and the 49-store Childs Corp. of Pittsburgh.
Hirschler said present company personnelwill continue to run the chain.
Hofheimer's ranks among the top 12 shoe retailers in sales volume, according to Footwear News, a trade publication.