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AutoGuide News Blog
The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
Gas prices always hit a spike in the summer, and this year is shaping up to be a doozy with prices likely to pass $4.00 per gallon by Memorial Day.
With fuel costs jumping to such dramatic heights, it might feel like a logical decision to jump ship on your current car for something less thirsty. Smart as that seems, an article published in Forbes proves otherwise.
The truth is, a car that gets a few mpg better than what you’re driving now would amount to a few dollars in savings but nothing substantial to most people.
“Assuming the average consumer drives 12,000 miles per year in a vehicle that gets 20 mpg, an increase of $1.00 per gallon, from $3.60 to $4.60 per gallon as an example, would only result in an approximate increase of $11.50 per week in fuel expenses,” Alec Gutierrez, senior market analyst of automotive insights for Kelley Blue Book told Forbes.
Moving from a full-size SUV to a something significantly smaller is the only instance where trading cars in favor of fuel economy yields noticeable savings, but it’s important to consider that most people driving larger cars do it for a reason. It will be tough moving the whole family around in a Fiat 500 when you become accustomed to your Chevrolet Suburban.
The move is still difficult to justify if you’re one of the people who bought an SUV just to have one. High-milage hybrid cars come at a premium because of the new technology they rely on. Even if you get lucky and trade that Ford Explorer in for a decent rate, you’re still probably going to pay a lot — both at signing and in installments.
Even if it means buying a couple new handkerchiefs to dab away the tears as you fuel up, it’s probably not cost-effective to make the car trade unless you’re in the market anyway.
Gas prices traditionally jump in the summer, but this year, global politics could send the price at the pumps to record highs.
According to several industry analysts, a possible conflict between Israel and Iran could send crude oil prices to above $200 per barrel, which will be reflected in a significant hike at the pumps. Gas prices, in turn, can affect auto manufacturers, as well as the buying habits of consumers.
What is causing the increases in gas prices?
GasBuddy.com tracks fuel prices across North America. It’s an efficient way to see trends in gas prices and how things have changed over time. We spoke to Greg Laskoski of GasBuddy.com to discuss what is sending gas prices up, and what this can mean to you as a consumer.
According to Laskoski, gas prices usually go up around this time but, “this year it’s like [prices are] on steroids. There is a lot of volatility on the price of crude oil, and paired with the uncertainty in the middle east, these prices are rising.”
As a general rule: For every $10 the crude oil price goes up, consumers pay 25 cents more at the pump. To put things into context, current prices of around $4 a gallon come with crude oil prices at about $100 per barrel. If that were to double to $200 a barrel, gas prices could go up to about $6.50 a gallon.
Who is going to let a little thing like high gas prices stand in the way of a summer vacation? According to a new Gallup poll, about four out of 10 Americans are. The other six are going to pack up the family, fill up the tank and travel the roads in search of adventure and great memories.
71 percent of those surveyed said they would pay more than last summer to travel. Last year, when average gas prices were around $2.80 a gallon, about 39 percent said they would spend more on transportation when it was time to travel.
When asked about gas prices in the poll, 8 percent said that gas prices were the most important problem facing the country now. Last year, 25 percent of Americans said it was the top problem in the country (at a time when gas prices reached past $4 a gallon), so the latest numbers show that we aren’t as concerned as we were back then.
What about you? Are you still going to travel even with rising gas prices or are you going to enjoy a “stay-cation” this year? Let us know in the comments section below.
[Source: Consumer Reports]
With the average price of fuel in American about ready to hit the $4.00 a gallon mark commuters are driving less to help make ends meet. According to a new poll by Fox News, 62 percent of respondents say they have reduced the amount of driving they have done.
The increased cost at the pump is also sparking many Americans to consider smaller cars, with 47 percent of respondents saying they’d look at buying a more fuel efficient model for their next purchase. This trend is supported by April’s new car sales figures released yesterday, which showed a clear trend towards smaller cars, with vehicles like the Chevrolet Cruze up 50%.
As one would expect, the rising price of a gallon is affecting lower income families more, with 73 percent of those earning below $50,000 say they are driving less, compared to 57 percent of those over the $50,000 mark.
And to show just how much of an effect rising gas prices can have on the average family, 50 percent of those polled from the lower income bracket said they had to give up household necessities to pay for gasoline, compared to 25 percent in the higher income group.
Of course, this poll is not without a political message, with 61 percent of those asked saying they are in support of domestic drilling for oil.
It’s almost a perfect storm. The aftermath of the deadly earthquake in Japan, combined with a dramatic increase in oil prices fueled by the ongoing crisis in Libya and the reduction in domestic stockpiles is pushing up the price of new automobiles in a manner not seen in years.
Already Toyota, Ford and GM have announced price increases for their vehicles, with others set to follow suit. But an interesting trend is the price of small cars. Compared with a year ago, the average price for these vehicles has increased by some 4.2 percent, in the subcompact segment it’s even more – 6.3 percent – according to website TrueCar.com.
Although, given the global nature of the auto business today, companies across the world are facing disruptions, those that are most affected remain Japanese brands. So far, Nippon based companies have delayed the introduction of some 500,000 vehicles because of supply issues resulting from last month’s quake and one industry analyst predicts that amount will grow to some 3.6 million vehicles worldwide by August.
However, this current set of circumstances might provide an opportunity, particularly for Detroit car makers, who’ve been struggling in recent years. In particular, demand for such models as the Ford Fiesta and Chevrolet Cruze, both of which have been well received, could result in some buyers shifting their allegiance from Japanese brands, which have dominated the market for small cars for so long. The situation is likely to exacerbated by the fact that some models, particularly those imported from Japan such as the Toyota Prius, are currently in short supply, a scenario that isn’t likely to change anytime soon.
Nevertheless, although many automakers are rethinking their supply chains as a result of the issues in Japan, it’s unlikely there will be a major realignment in the way parts distribution and production are configured, at least in the short term.
However, given the current economic environment, the auto sector is becoming less of a buyer’s market by the day, particularly for small cars. As a result those consumers in the market for a new vehicle, are likely better off to take the plunge now, while there’s still good deals to be had, rather than sitting on the fence and waiting.
[Source: Detroit Free Press]
On your way to work this morning, did your eyes almost pop out of your head when you saw how much gas was? It’s getting so high that many of us have had enough and are taking to public transportation in record numbers. In fact, in a study released by the American Public Transportation Association (APTA), the way that this trend is going to continue, Congress had better think ahead by investing long term in public transportation.
The APTA has done its homework. They say that once gas prices hit $4 a gallon, 670 million passenger trips could be expected (10.8 billion trips per year). And if that price jumps to $5 a gallon, expect about 1.5 billion passenger trips (11.6 billion trips per year). And, we know you don’t want to even think about it, but what happens when gas gets to $6 a gallon? You can expect the number to soar to 2.7 billion passenger trips (12.9 billion trips per year). That’s a lot of extra trips for public transit to take.
“The volatility of the price at the pump is another wake up call for our nation to address the increasing demand for public transportation services,” said APTA President William Millar. “We must make significant, long-term investments in public transportation or we will leave our fellow Americans with limited travel options, or in many cases stranded without travel options. Public transit is the quickest way for people to beat high gas prices if it is available.”
And the exodus from cars to public transportation has already begun. Across the US, public transit systems are already seeing large ridership increases. Obama’s Administration’s transportation authorization blueprint and proposal will increases public transit investment by 128 percent over the next six years and helps the 46 percent of Americans who do not have access to public transportation. But will it be enough?
If you think more needs to be don, you can let Congress know that there needs to be more transportation options by going to publictransportation.org or text TRANSIT to 86677 and join the “I <3 (heart) transit campaign.”
[Source: PR Newswire]
You think you hate those rising gas prices – well, drivers aren’t the only ones. Automakers aren’t too pleased about skyrocketing gas prices either as they could undermine years of design and manufacturing planning.
Gas prices could hit $4-plus per gallon sooner rather than later, and that could spell doom for automakers. This is due not only to the price of gas, but also materials that make up car components such as steel, aluminum, copper and platinum.
When the price of gas goes up, so does the demand for smaller cars, like in 2008 when gas prices reached all-time highs and so did interest in cars like the Toyota Corolla, Honda Civic and Ford Focus. But when gas prices dropped soon after, these small cars were stuck to gather moss on dealer lots.
And although the gas prices have been rising slower than in 2008, it has still been following the same pattern – it went from 32 percent in January to $4.11 per gallon in July, then fell back to $1.65 by year end. Even though the average U.S. gas price is 25 percent below where it was then, experts are reporting a switch to smaller vehicles.
“We’re seeing consumers quickly shift back to a higher mix of fuel-efficient cars and now trucks are actually starting to slow down,” said Bob Carter, U.S. market brand chief for Toyota Motor Co. “Sixty days ago, we found the opposite happening.”
Would you switch to a smaller and more fuel-efficient car now that gas prices are going up? Let us know your thoughts in the comments section below.


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Hino Australia has signed a multi-year partnership as the Official Truck provider of the much-anticipated Toyota 86 Racing Series.
Hino is expanding its local motorsport involvement, after its major sponsorship of the V8 Supercars was revealed last week.
The Toyota 86 Racing Series is an affordable motorsport series based on the country's best-selling sports car, the Toyota 86 coupe, to be raced exclusively at selected V8 Supercars rounds.
As sign of its support for the series, a Hino 700 Series SS 2848 ProShift 16 high roof air prime-mover will be used to help transport category support equipment and selected cars to race rounds.
The Hino logo will be displayed on all left and right rear guards of the competing cars, and also on the official shirts, jackets and race suits.
Hino Motor Sales Australia National Marketing Manager Sarah Rosales said Hino's involvement with the Toyota 86 Racing Series aligns perfectly with the brand's ongoing competition program.
"Hino is an avid supporter of Australian motorsport and the accompanying developments arising from it. We are proud to have this series in our backyard," Ms Rosales said.
No stranger to motorsport, this year Hino took out a record seventh successive class victory in the punishing Dakar Rally. Hino Team Sugawara's win in the Under 10-litre truck category marked 25 years since Hino became the first Japanese truck manufacturer to enter the rally in 1991.
Beginning in less than three months, the inaugural round of the Toyota 86 Racing Series is set for the Winton SuperSprint (May 20-22).

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A national survey commissioned by Erie Insurance found that more than half of U.S. homeowners (53%) are happy with the features they chose for their homes, but the rest (47%) regret one or more of the features they chose.
The survey asked homeowners about features they wanted and got when they bought their home, but wouldn't get again if they were buying a home today. It also asked about features homeowners did not get but now wish they had.
Overall, homeowners are much more likely to regret not getting certain features than getting them. For example, of all the features homeowners were asked about in terms of what they wanted and got but wouldn't choose again, the biggest percentage (9%) say the wouldn't get hardwood floors again. But, when asked a separate question about features they didn't get but wish they had, a much larger percentage (16%) say they wished they had gotten hardwood floors.
Granite countertops are another feature where homeowners are on different sides of the fence. Granite countertops were second on the list of features homeowners wanted and got but wouldn't choose again, with 8% saying that. But, more than twice as many homeowners (18%) regret that they did not get granite countertops.
Major Home Remodeling Project Starters who want to add features to their homes will likely turn to the internet to learn more about fulfilling their needs. Last month, according to AudienceSCAN, 61.5% of these shoppers used a search engine to research a product or service they were considering. Many are motivated by deals. Last month, 50.9% of these shoppers used the internet to find coupons or discount codes, 36.3% have used a mobile device within the last six months to redeem or download coupons and, within the last year, 57.6% took action because of ads they saw on daily deals websites such as Groupon.
A fair number of people regret not getting green features in their homes, such as tankless water heaters (16% wish they had one) and solar panels (15%).
Below are the top five features homeowners didn't get but wish they had:
|Feature||Percentage of homeowners who now wish they had it|
|1. Walk-in pantry||30.2%|
|2. Granite countertops||17.8%|
|3. Kitchen island||16.8%|
|4. Tankless water heater||16.4%|
|5. Finished basement||16.2%|
Regardless of how they feel about various features inside and outside their homes, the survey found that an overwhelming number of people are fond of their homes, with 94.6% saying they like or love them.
Businesses offering the products and services needed to remedy Major Home Remodeling Project Starters' home-based wants can promote their services through digital advertisements. Last year, according to AudienceSCAN, 59.8% of these consumers took action after receiving email ads, 49.8% were motivated to action after either receiving an ad via text or seeing an advertisement on their mobile smartphone apps and 45.7% clicked on text link ads on websites. They're also 39% more likely than others to take action after seeing ads in both print and online directories. Don't be afraid to mix in some traditional components into the ad campaign, though. Last year, 70.2% took action after seeing TV commercials and 57.9% were driven to action by ads in both digital and print newspapers.
AudienceSCAN data is available for your applications and dashboards through the SalesFuel API. Media companies and agencies can access AudienceSCAN data through the AudienceSCAN Reports in AdMall.


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Rotterdam is classed as being the most polluting port in Europe, according to a survey by Transport & Environment, a clean transport lobby group.
The port of Rotterdam is reported to generate almost 14 million tonnes of carbon dioxide (CO2) emissions each year, putting it at the same level of pollution as the Weisweiler coal power plant in Germany, which is Europe’s fifth-biggest industrial polluter.
Antwerp and Hamburg come in second and third place, respectively, with 7.4 million tonnes and 4.7 million tonnes. Three of the top 10 polluting ports, Algeciras, Barcelona, and Valencia, are in Spain.
The study estimates that the carbon emissions arise from ships departing and entering ports from across the supply chain, as well emissions from port activities such as loading, unloading and refuelling.
In a year of soaring profits for the shipping industry, T&E calls on ports to follow European Union (EU)-wide efforts to reduce the sector’s climate impact.
« The shipping industry is a fast-growing emitter and Europe’s ports have been reluctant to back mandates for clean fuels, » said T&E.
The post-Covid rebound in trade has seen container shipping prices soar, but even before the pandemic, ports were handling more and more goods, according to T&E’s data. For example, between 2012 and 2019, cargo volumes at the busiest port in Europe, Rotterdam, rose by 13%.
« With container profits at an all-time high last year and shipping companies with profits rivalling those of Apple and Facebook, ports are expected to have had a lucrative year in 2021, too, » pointed out T&E.
« The shipping industry is making a killing right now. Ports are at the heart of this and their climate impact is enormous, » commented Jacob Armstrong, sustainable shipping official at T&E. « Yet, instead of getting behind proposals to clean up shipping, like comprehensive port electrification and mandates for green fuels, ports simply aren’t doing enough to clean up the sector.” (Dreamstime photo of Port of Rotterdam industrial zone)


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The Fry Family Food Company, commonly referred to as Fry’s, has been making plant-based meats and other treats since 1991 in Durban, South Africa. The founders were once livestock farmers who had a change of heart, which has brought them a healthy dose of good karma and financial success. And now the popular brand will be arriving in the U.S.!
Fry’s 100 percent plant-based and GMO-free foods are currently available in 8,000 retailers in 30 countries, with recent expansion to Sainsbury’s in the UK and Costco in Australia. A move to the U.S. just seems like the logical next step. Fry’s Exports Director Shaun Richardson explained: “Reflecting rapid demand growth in the United States and sustained interest from international markets, we’ve taken steps to significantly increase our production capacity … These additions make it possible for us to support international launches, building upon our recent 2018 introduction of our products to over 500 Sainsbury stores in the United Kingdom.”
Fry’s Marketing Director Tammy Fry expressed the company’s goals in entering the U.S. market: “We are extremely excited to be entering the largest market in the world for plant-based food … We want Americans to experience new culinary options and twists on hearty comfort foods — I think vegans and non-vegans alike will find our food delicious, and I want as many people as possible to try them.”
Fry’s is expected to reach the U.S. market by early 2019. Consumers can look forward to trying out seven of the brand’s popular items, including their Tempura Battered Prawn-Style Pieces, Chickpea and Quinoa Falafels, Gluten-Free Rice Protein and Chia Nuggets, Sausage Rolls, and Traditional Burgers.
We love seeing plant-based companies like Fry’s (especially family-owned and operated businesses like them) succeed and expand, and we look forward to trying their world-famous treats soon! To learn more about the brand, visit their website here.
Plant-based diets are not only delicious and nutritious and spare the lives of innocent animals, but they are also hugely beneficial for the environment — going plant-based for just one year can cut your carbon footprint in HALF! To learn more about the environmental impact of our food choices, be sure to check out the Eat for the Planet book!
And remember to SHARE this great news with your network to help further spread the plant-based movement!
Image Source: frysfamily/Instagram


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RELOADED has released the latest update for “Brutal Legend”.
- UI Fixes to the multiplayer lobber where you could not change factions
- Render optimizations
- Fixed a bug where the stage would disappear in the Sea of Black tears
- Matchmaking improvements
Publisher: Double Fine Productions
Developer: Double Fine Productions


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If we were betting people today, we’d have set cash on the Samsung Galaxy Notice selection obtaining been killed off for great, irrespective of, and it is looking at any time more like we’re suitable, as reportedly the vary isn’t involved on Samsung’s 2022 smartphone creation strategy.
That’s according to South Korean site, however it is not clear exactly where they received this info.
The website adds that not only will there evidently not be a, but that Samsung will prevent production assortment models at the stop of this year, that means it could quickly be extremely hard to come across any Notice models in merchants, other than pre-owned types.
The website claims that Samsung’s principal reason for abandoning the Take note array is that it’s now focused on foldable phones, with the likes of theand possible landing around when a new Take note handset may normally have accomplished.
This may well be a sensible program of motion, as reportedly Samsung bought just 9.7 million Observe units in 2020, down from 12.7 million in 2019.
Individuals may possibly audio like big figures, but evidently Samsung is focusing on 13 million income for its foldable Galaxy Z collection in 2022, so it appears foldable phones are increasingly large business enterprise, though the Galaxy Observe range was falling out of favor.
Examination: The Be aware vary is almost certainly useless in name, but not in character
Whilst we’d choose the above leak with a pinch of salt, we’d be shocked if there was a new Observe in 2022 – or at all.
But that most likely does not subject, for the reason that it appears to be as if thewill be additional Note than not.
In truth, if leaks are to be considered it will be a Galaxy Be aware mobile phone in all but name, with a in the same way square structure and an S Pen slot. So the Galaxy Observe assortment almost certainly is lifeless, but in all probability not really.


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For instance, Mr. Blumenthal wrote, a competitor to Amazon might try to gain an edge by charging merchants a smaller commission. If those merchants also sell on Amazon, however, they could not pass along those savings to their customers, because of the M.F.N. clause. That would be bad for consumers while reinforcing Amazon’s dominance. Amazon declined to comment.
■ It used to be that only a few cranks criticized Amazon, but that is rapidly shifting. Still, I was surprised at the take-no-prisoners tone of David Heinemeier Hansson, the programmer who writes and tweets as DHH, in an open letter to Jeff Bezos, Amazon’s founder, on Medium.
“I think you’re currently making bad decisions that you’re going to regret. Maybe even decisions that we as a whole society will come to regret,” DHH wrote. He added that Mr. Bezos still had time to shape his legacy “into something more than the man who killed retail, extracted the greatest loot from its HQ cities, and who expanded the most monopoly holdings the fastest.”
DHH wrote his piece in November, but Medium surfaced it in its daily digest just last week. What makes his criticism especially noteworthy is that Mr. Bezos is a shareholder in DHH’s software development company, Basecamp. DHH notes that he and his co-founder have not talked to Mr. Bezos for at least seven years but that “if we get another chance, this would be the most pressing topic.”
■ One last new Amazon development, which might be the biggest of all: unionization. Workers at Amazon’s biggest warehouse in Spain began a two-day strike on Thursday. Warehouse employees on Staten Island are calling for unionization, following the lead of colleagues in Minnesota. Here is a good wrap-up from the Guardian. Amazon has successfully stymied unionization efforts since the company began, so this shift is momentous.
■ In non-Amazon news, it appears that the answer to the eternal question of whether the world can have too many iPhones is: Quite likely.
■ Thanks to Apple’s news, the stock market as I write is again plunging. But there’s a silver lining for tech companies: They are big, and getting bigger, and a recession might only help them against the competition.


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JAPAN – Gov. Bruce Rauner left Tokyo today aboard a high-speed Shinkansen train and arrived in Nagoya to visit several of the top auto-suppliers in the world as part of his first international trade mission. In Nagoya, the governor met with senior executives from Aisin Seiki, Toyota Boshoku and Sakae Riken Kogyo.
“These leading Japanese companies are driving economic development and innovation through parts of our state, including our smaller communities,” Gov. Rauner said. “These same communities are the foundation for economic growth in our state.”
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Aisin’s main Illinois operations are in Marion and employ more than 2,000 people. The company develops and produces auto parts, including brake pads, engine parts and transmissions. The governor toured Aisin’s state-of-the-art campus and saw firsthand the leading research and development that is being developed.
The governor then met with the senior leadership team of Toyota Boshoku, which employs more than 1,000 people in Lawrenceville. It specializes in the manufacture and sale of seats, door trims and interior components. Last year, Toyota Boshoku announced a 100-person expansion of its Lawrenceville facility.
The governor finished the day with a visit to Sakae Riken Kogyo Co., Ltd. The family business has been operating for more than 45 years and produces a variety of products, including interior and exterior trim for automobiles, as well as parts for household appliances. Its U.S. affiliate, Eakas, has operations in Peru, Illinois, employing more than 400 people.
Understanding the importance of relationships in business in Asia, the governor underscored that “I believe our friendship is about shared values. We both value leadership. We value hard work. We value our families, and we value each other. This is why we will continue to strengthen our relationship, build our businesses and provide for our families.”
The governor thanked all the business and government leaders for a wonderful visit during his final full day in Japan, vowing to return soon to grow the special and highly respected relationship between Illinois and Japan. The governor travels to China on Thursday.
More like this:


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Raw fruits are typically more nourishing than cooked or processed fruit sauces or juices. This is not the case for tomatoes and tomato sauce. Learn why.
Most of us will have macular degeneration as we age. But we can slow this process and even prevent it with certain dietary strategies. Learn how spinach and other foods and supplements can prevent the leading cause of blindness.
Research is confirming one of the best ways to avoid breast cancer is the consumption of dietary carotenoids. Find out why and what carotenoids are.
Research from scientists from Brussels has confirmed that skin cancer is related directly to oxidative stress – and other research shows antioxidants reduce oxidative stress.
Research is showing that eating colorful foods will make us look more attractive. Find out which foods and why these foods increase our attractiveness.


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Bitcoin prices dropped below $10,000 today, falling past this key, psychological level after investors responded to the latest South Korean regulatory developments.
The cryptocurrency's price reached $9,972.29, according to the CoinDesk Bitcoin Price Index (BPI).
At this price, the world's largest digital currency by market capitalization had plunged roughly 50% from the all-time high of nearly $20,000 that it reached late last year, additional BPI data shows.
[Ed. note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]
South Korean Crackdown
South Korea announced that starting January 30, the nation's investors will no longer be able to trade digital currencies using anonymous bank accounts, CoinDesk reported.
Under new rules, market participants will need to make sure that the name they supply to an exchange is the same as the name on their bank account before making any trades, according to CoinDesk.
"The South Korean announcement is the reason for the pull back," said Charles Thorngren, CEO of Noble Alternative Investments.
Charles Hayter, co-founder and CEO of data provider CryptoCompare, offered a similar take, stating that South Korea's actions have been a "fear factor" that have been pushing traders to sell.
Thorngren singled out a few different factors that heightened the impact of this latest regulatory announcement.
"The crypto community has heard this before, however, with a softer market cycle right now it bears more weight," he said.
Thorngren also emphasized the recent surge in new crypto investors, noting that these traders are not used to announcements like this one.
"The recent influx of investors who are less familiar with Cryptocurrencies trade in and out of them more rapidly than the establish base of investors," he stated.
Disclosure: I own some Bitcoin, Bitcoin Cash and Ether.


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THE LAUNCH of Apple’s long-awaited smart watch appeared to move a step closer yesterday as filings revealed that the company had applied to trademark “iWatch” in Japan.
Apple submitted the application last month with Japan’s patent office, under a category for a handheld computer or watch. The company is also seeking to trademark the name in Russia, although Probendi, an Italian software firm, has registered “iWatch” in Europe.
Analysts and investors have speculated about the possibility of Apple introducing an internet-connected watch for months, as sales of the iPhone begin to flatline.
Tim Cook, the company’s chief executive, recently hinted that the move is likely. In May, he said wearable technology is “profoundly interesting”, particularly on the wrist. Cook is often seen with a Nike FuelBand – which fits around the wrist and tracks exercise – and sits on Nike’s board.
An iWatch would be likely to connect to an iPhone or iPad, and could be used to control music services, read messages on the move, and track movement.
Apple’s shares have been in freefall since breaking $700 last September, and were trading below $400 before yesterday’s news, which saw them rise by 3.2 per cent to $409.22.
The company’s phenomenal growth caused by the success of the iPhone and iPad has slowed in recent months, and in April it reported its first fall in quarterly profits for a decade. This slowdown has led to calls for Apple to introduce new products, with one other possibility being an Apple-branded TV set.


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A new update for Call of Duty WWII was released today, we have the full patch notes for this update on January 7, 2020.
Call of Duty WWII Patch 1.25 is now available for download, we have the complete information about this update. Today’s update will fix some bugs.
Call of Duty WWII Update 1.25 Patch Notes
- Various bugs have been fixed.
There are no further details so far. We will update this article as new information is released.


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The company attempted to sell its U.S. division last year, but did not find a buyer. The division opened in 2008.
The last day of operations for the U.S. office was Jan. 31, however the publisher's spring 2015 list will be published and many of its titles will continue to be available via Random House.
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Postmates files to raise $190M Series E at $640M valuation
October 28, 2016
Food delivery startup Postmates has filed to raise a $190 million Series E round. While the company’s post-money valuation will go up with the issuance of new shares, the share price of $5.27 for this round is the same as the company's previous financing, an $80 million investment in June 2015 at a valuation of $450 million. Founded in 2011, Postmates has previously raised about $138 million in total funding from firms including Spark Capital, Slow Ventures, Matrix Partners and Founders Fund.


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KUTV — Despite the coronavirus pandemic, entrepreneurs and companies are still coming to Utah. Some are bringing smiles to the state's economy.
"Congratulations, Neeraj, for his efforts here in this new and exciting company, Byte," Gov. Gary Herbert said.
Another business success story for Utah was celebrated at the state capitol with the governor.
"We've been named the epicenter of small business," he said.
Meet Neeraj Gunsagar, the CEO of Byte, an at-home teeth-straightening company from Los Angeles, California, that has expanded to Utah.
"We started the year with around 10 to 15 people in Utah. We're out in Thanksgiving Point in Lehi, and now I think that's grown to more than 150 people," Gunsagar said.
The Lehi office is Byte's marketing and customer service center.
"You get an impression kit sent to your house. You use the impression kit on your own. Send it back to us. And we develop a treatment plan for you that's digitized," Gunsagar said.
During the pandemic, Byte's revenue soared from between $10 to $15 million last year to $200 million this year--a 1,000% growth.
Byte's story isn't all that unusual in Utah. Herbert said businesses come here because of competitive tax rates, a tech-savvy labor force, 130 different languages spoken here, and fewer government regulations.
Utah underwent regulation reform two years ago.
"We found we had 368 regulations that really had no purpose. And we eliminated or modified them," Herbert said.
So, companies like Byte see nothing but a bright future in Utah.
"I can see us in three to four years having over 500 people in Utah alone at Thanksgiving Point," Gunsagar said.
Herbert said the state is working with seven or eight companies to resettle or expand in Utah.


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Actor COLIN DONNELL is recovering after undergoing an emergency operation to remove his appendix.
The star, who portrays Tommy Merlyn in superhero series Arrow, was recently admitted to a medical center in Northern California for the appendectomy, but he has assured fans he's on the mend after sharing a goofy photo of himself in a hospital gown on Instagram.com.
In the accompanying caption, posted on Tuesday (30Apr13), he wrote, "Home today thanks to the amazing staff of Queen of the Valley Hospital!"
Copyright WENN.com - World Entertainment News Network
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It's no longer enough to have smartphones, smartwatches, smart TVs and smart cars. Now a tech company is bringing artificial intelligence to lingerie.
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The report noted that excluding automobiles, gasoline stations and restaurants, sales rose 0.7 percent over March, according to NRF’s calculations.
Overall, U.S. retail sales saw an increase of 1.3 percent.
“Today’s retail sales data suggests that consumer activity, the primary driver of economic activity, has not lost its momentum,” said NRF Chief Economist Jack Kleinhenz.
“This sets the stage for an upturn in economic growth in the second quarter and should be encouraging for Federal Reserve policymakers as they contemplate interest rate adjustments,” he added.
April sales were 3.5 percent above the same month last year, and the three-month moving average was up 5.6 percent compared with a year ago.
Kleinhenz further said, “This is reflective of growth in a volatile and disrupted retail industry, where consumer engagement is evolving to reflect both new economic and changing market realities.”
In April, auto sales rose 3.2 percent, the largest increase since March 2015, after slumping 3.2 percent in March. Receipts at service stations increased 2.2 percent, reflecting recent increases in gasoline prices.
Receipts at clothing stores surged 1.0 percent, the largest increase since May 2015. Online retail sales jumped 2.1 percent, the biggest gain since June 2014. Receipts at sporting goods and hobby stores rose 0.2 percent last month.
Sales at electronics and appliance outlets increased 0.5 percent. Building materials and garden equipment store receipts, however, fell 1.0 percent last month, the largest decline since August. Sales at restaurants and bars rose 0.3 percent.
U.S. retail sales in April recorded their biggest increase in a year as Americans stepped up purchases of automobiles and a range of other goods,
suggesting the economy was regaining momentum after growth almost stalled in the first quarter.
Davy Desmond, Readers Bureau, Fellow
Edited by Jesus Chan
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Ardbeg is embarking on a new adventure with the launch of its first series of travel retail-exclusive whiskies: Ardbeg Smoketrails.
The new range will offer a chance for whisky-loving travellers to explore how casks from around the world influence the renowned Islay distillery’s spirit character.
The first release in the series, Ardbeg Smoketrails Manzanilla Edition, marries malt whisky matured in American oak casks with Manzanilla sherry casks. Ardbeg says the result is “a salty, maritime character combined with a powerful blast of classic Ardbeg smoke”.
Bottlings in the Ardbeg Smoketrails series will be available exclusively at international hub airports, as well as at the Ardbeg Distillery.
Colin Gordon, Ardbeg distillery manager, said: “For each Smoketrails release we’ll pack our suitcase and zig-zag across the globe in search of new flavour adventures – in this case, to the Spanish coast for the finest Manzanilla casks. With a unique batch code on this and future bottlings, we hope Ardbeggians will jump at the chance to get their hands on this delectable, collectable dram when they are on their travels.”
Ardbeg’s master distiller, Dr Bill Lumsden, said: “In Ardbeg Smoketrails Manzanilla Edition, salty sea spray and deep, nutty notes mingle with pungent aromas of soot, dark chocolate and Brazil nuts. Clouds of pine and fennel fill the senses with notes of saddle soap and aniseed trailing gently behind. All I have to say to anybody who lays their hands on a bottle is… get ready for a smoky blast!”
To celebrate the launch of the series, Ardbeg partnered with Dufry and Heathrow Airport to unveil Ardbeg Smoketrails Manzanilla Edition in a pop-up at Terminal 5, which is running until 30 November.


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All india Food Processors’ Association (AIFPA) that stands as a regulatory and representative body for plethora of large, small and regional packaged food companies, has written the MoFPI as well as the finance ministry,GOI urging a rebate in GST of 7% dropping from 12% to 5% on series of instant meals, pickles, ready to eat foods, snacks etc.
AIFPA represents a series of country’s packaged food stallwarts including Haldiram’s, Prataap Snacks, ITC, Mondelez India, Britannia Industries, PepsiCo, Bikanerwala and MTR is seeking a similar GST rate for the listed firms as it is 5% in case of unbranded food items.
All these demands are made before the meeting of Finance ministry’s GST council meeting scheduled to be held on 27 August.
Argue behind the demand is that similar GST rates will help to break the bars and proper growth initiatives could be taken to strengthen the branded sector too. This will also help the branded sector to survive the increasing blow of competition in the sector.
“Non-branded namkeens, bhujias, fruit & vegetable chips, snack foods etc. are charged only 5% GST, while in the packaged form these items are charged 12% GST. This anomaly has been increasing complexities for the industry and encouraging production of unsafe & unhealthy products.” The Letter reads.
“It is further realised that a shift of consumption from branded to non-branded foods reduces revenue to the Government and proves to be counterproductive,” All India Food Processors’ Association’s, president, Subodh Jindal, said in the letter to finance ministry.
Currently packaged food comprises 57% in sales share of fast leaping FMCG. AIFPA further stated expenditure on the food by households is about 35-40% and this will be seeking a good incentive for our sector.
Also COVID-19 has imposed an effect among the households to be at ease inside homes and enjoy the staple, snacks and what not.They’re relying mostly on packaged food which has served a chunk of benefit to the companies like Parle, Britannia,ITC etc.
“An important step for increasing farmer’s income is to increase the consumption of agri-produce by promoting the use of consumer food products,” the letter futher reads.
In a separate streak Indian beverage association has also urged for the lower tax on carbonated beverages which represents companies such as PepsiCo, Coca-Cola,Dabur etc., A report from Hindu Business line suggests.
AIFPA’s letter further requests ministry to not include these packaged food as a ‘product of luxury’ and levy taxes.“Food processing is not an option but an essential step in making natural agri-produce ready for human consumption. Even wheat, rice, corn, milk, potato, tomato, onion, sugar, salt, fruits, vegetables, tea, coffee, pulses, spices, meat, fish etc. have to be processed to make them usable,” the letter read.
In a data from the global taxation scheme, AIFPA’s letter further marked that food products are either relieved or charged minimally. 74% nations are exempting the food processing sectors from taxes and levying only 0% to 10% taxes, which marks the maximum.


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A young Nigerian man who goes about on social media claiming to be mega rich and showing off wads of dollar notes has been spotted looting shops during a protest.
He had also in the past slammed Davido, Wizkid and Burna Boy accusing them of copying his swag.
The 19-year-old, identified as NBA Geeboy on Instagram, bragged about being richer than internet sensation, Hushpuppi while flaunting N342M in cash.
According to him he’s richer than Dubai based Instagram celebrity, Hushpuppi who was recently convicted for fraud, and bragged about being the first to ever count $40K roughly N15M on Instagram live video.
Shockingly, Nigerians have dug up a video of the self styled billionaire looting stores during the protest. In the video, he also confessed to looting a store, while bragging that he just cashed out.
Watch the video below:


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Millennials aren’t abandoning their desktops and laptops just yet. In fact, they are still using PCs to create content, watch videos, and interact with companies as consumers.
Trailing millennials are viewed by many as both the smartphone generation and the post-PC generation. Yet, according to research by Deloitte member firms, although these 18- to 24-year-olds may love their smartphones, they are very unlikely to abandon PCs anytime soon. In fact, trailing millennials are more likely to own or intend to buy PCs than any other age group in 2016, Deloitte Touche Tohmatsu Limited (Deloitte Global) predicts.
More than 85 percent of younger millennials in 13 developed countries had access to a laptop computer in 2015, Deloitte research indicates, which is only slightly less than the 89 percent with access to a smartphone. Laptop access among members of this group was actually 7 percent higher than for the surveyed population as a whole. In some countries, it was much higher: 17 percent in the U.S., 15 percent in Canada, 12 percent in Australia, and 10 percent in France.¹
So how are trailing millennials using laptops and desktops? They use them for schoolwork and on the job, to play computer games, watch long-form videos, download and stream content, create or edit text and videos, and other activities. PCs’ larger screens, physical keyboards, and trackpads or mice provide an ease of input and display that even the largest mobile devices cannot easily duplicate. As a result, depending on the content or use, younger millennials frequently prefer PCs to smartphones. They consider the two devices complementary and meant to be used in tandem—often they will have their laptops open while continually glancing at the smartphones in their hands.
CIOs should recognize that while a mobile strategy is necessary for companies in 2016, especially for those that interact with trailing millennials, and a mobile-first strategy may even be advisable, a mobile-only strategy for this cohort is almost certain to miss the mark.
Take video content, for example. In a Deloitte U.S. survey published in 2015, 14- to 25-year-olds were asked to share the percentage of time they spent watching videos on various screens: smartphones, tablets, laptop computers, and TV sets.² Aside from TV sets, the laptop was the dominant device; in fact, millennials watched movies and TV shows on PCs more than twice as often as they watched such programs on smartphones and tablets combined.³ Companies looking to connect with a millennial audience via high-quality video should keep in mind that video is more likely to be consumed on a 12- to 20-inch screen rather than a 5- to 10-inch screen.
In money matters, 20- to 34-year-olds also prefer their computers. According to a 2014 U.S. study,⁴ millennials were more likely than any other demographic group to use a mobile app for banking-related activities. However, for such activities as transferring money, monitoring for fraudulent charges, and checking account balances, they still preferred their computers and websites accessed on their mobile devices to mobile apps by a more than two-to-one margin. Banking CIOs, then, while recognizing the strategic importance of creating mobile applications, should also continue to invest in the design and usability of their PC interfaces.
Millennials also still use their PCs for shopping. True, they search for products on their phones: In one survey, 79 percent of 18- to 34-year-olds in the U.S. reported that they had discovered a new brand or product through mobile searches, and more than half said they tend to prefer a retailer’s mobile shopping app to its online site.⁵ On the other hand, in a 2015 Deloitte U.S. survey, only 39 percent of 18- to 24-year-olds used their smartphones to make actual purchases, while only 27 percent used their tablets.⁶ There may be many reasons for this discrepancy, including the difficulties inherent in entering payment information on the screen of a small mobile device. Certainly, CIOs should ensure that retail websites and apps are attractive and intuitive for browsers and buyers. In an omnichannel world, it isn’t about choosing between websites and apps (or, for that matter, physical stores), but rather about serving customers however they want to shop.
Don’t call younger millennials the post-PC generation just yet. While members of this cohort often have mobile devices in hand, they continue to rely on laptop and desktop computers for a range of daily tasks, including content consumption and creation, banking, and shopping.
—by Duncan Stewart, director of technology, media, and telecommunications (TMT) research, Deloitte Canada; Paul Sallomi, partner, Deloitte Tax LLP, global TMT industry leader, and U.S. and global technology sector leader, Deloitte LLP
1. The question was focused on laptops rather than computers or desktops. This question is part of the Deloitte member firms’ Global Mobile Consumer Survey, conducted in 13 developed countries. Fieldwork took place between May and July 2015. For more details, see Deloitte member firms’ Global Mobile Consumer Survey.
2. Deloitte U.S.’s Digital Democracy Survey, Ninth Edition, Deloitte Development LLC, 2015.
4. Millennial Banking Insights and Opportunities, pages 9 and 10, Fair Isaac Corporation, 2014.
5. Current Trends Among Millennials and Online Shopping, PFS Web, Aug. 14, 2015.
6. Deloitte U.S.’s 2015 Holiday Survey, unpublished demographic data, Deloitte Development LLC, October 2015.
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Deloitte Insights for CIOs couples broad business insights with deep technical knowledge to help executives drive business and technology strategy, support business transformation, and enhance growth and productivity. Through fact-based research, technology perspectives and analyses, case studies and more, Deloitte Insights for CIOs informs the essential conversations in global, technology-led organizations. Learn more


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Revealed: The third largest 'country' in the world - Facebook hits one billion users
Facebook continues staggering growth amid falling share prices and continued concern over profitability
The social networking website Facebook today announced that it has one billion users, the equivalent of about one in seven of the world's population.
Mark Zuckerberg, the founder of Facebook, welcomed the "amazing, humbling" milestone.
The social network, which was started by Zuckerberg whilst he was at university in 2004, reached the one billion figure at around midday on September 14.
This year has seen mixed fortunes for the company following the decision to float it on the stock market. Over 50 billion dollars (£31.2 billion) has dropped off Facebook's market value.
The company share price has fallen from 38 dollars (£23.50) when stocks were initially offered in May to yesterday's closing price of 21.83 dollars (£13.50).
According to reports the staggering number of users does not include bots or fake users. It includes only real people who are active users - those who log onto the site every month.
Based on the one billion figure if Facebook were a country it would now be the third largest in the world, behind China's 1.34 billion people and India which has a population of 1.2 billion.
According to the figures, Facebook has also seen:
140.4 billion friend connections.
219 billion photos shared (265 billion photos including all uploaded photos).
1.18 trillion "likes".
17 billion location check-ins.
62.6 million songs played 22 billion times (since September 2011)
On his blog this morning Zuckerberg wrote: "This morning, there are more than one billion people using Facebook actively each month.
"If you're reading this: thank you for giving me and my little team the honor of serving you.
"Helping a billion people connect is amazing, humbling and by far the thing I am most proud of in my life.
"I am committed to working every day to make Facebook better for you, and hopefully together one day we will be able to connect the rest of the world too."
He said Facebook was "by far" the thing he was most proud of.
Zuckerberg's own Facebook holdings have plummeted more than nine billion dollars (£5.6 billion) as sceptics question his ability to lead the company he founded eight years ago in a Harvard University dormitory.
Since founding Facebook Zuckerberg has seen it acquire astonishing popularity at a very fast pace.
With around 2.45 billion content items and 2.7 billion 'Likes' being shared every day Facebook has become an increasingly important tool for advertisers and content creators.
More and more users are accessing Facebook on the go - 600 million use the social network on their mobiles at least once a month and the site can be reached on more than 7,000 different types of mobile devices.
And it is increasingly becoming a platform for other uses - more than nine million apps and websites are integrated with Facebook.
The median age of a Facebook user is 22 years old, which has dropped from 23 when the site hit the 500 million mark in July 2010.
Gregory Lyons of iCrossing - a digital marketing agency - said today that the phenomenal growth of Facebook in western countries is likely to slow, but that expansion in developing countries is continuing apace: "Facebook can no longer rely on an increase in user numbers to increase revenue, it must start making more money per user and monetising alternative channels such as mobile, start selling user data/insights or offer advertising outside of Facebook."
In Britain Facebook has grown 6% and is now used by 50% of the entire UK population (30.6 million people).
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The Managing Director of Ghana Post, Mr. James Kwofie, has attributed the level of efficiency and turn around at the company to the vigorous use of technology which is now driving the new direction.
According to him, the company had prioritised technology in all aspects of its operations hence the successful change it had witnessed under his administration.
The Ghana Post MD was speaking in an exclusive interview at the 4th Edition of the Ghana CEO Summit which was on the theme “The Futuristic Economy: Technology- Driven Future of Business & Governance for Economic Transformation.”
The event was opened and graced by the Vice President of the Republic, Dr. Mahamudu Bawumia.
He said innovations such as the introduction of a reliable tracking system, central valuation centre as well as the Digital Address (Ghana Post GPS) have put Ghana Post in a more advanced tech-driven position to meet modern ways of doing business and meeting the needs of customers.
“Ghana Post has Leveraged on technology to improve on efficiency. For instance we now have a Tracking System, Central Valuation Centre, Digital Address Delivery, Shortcode For Letter Box Payment. The tracking system enables both customers and Ghana post to track items sent. This helps to monitor items sent till delivery. These are some of the tech innovations at Ghana post,” Mr. Kwofie stated.
He further revealed that Ghana Post had partnered Standard Chartered Bank for the Ghana Post Stanchart Innovation which would enable customers to open accounts online and cards delivered at the comfort of their homes.
The Ghana CEO Summit has established itself as a unique top-tier thought leadership platform dedicated to the private sector in Ghana and Africa for thought provoking discussions, meet, network exchange experiences, explore business opportunities and brokering partnerships.
By Times Reporter


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IT ALL COMES DOWN TO TRUST
In a world where consumers trust other consumers more so than corporate and government institutions, is it any wonder that the man in the street is more like Superman when it comes to persuading others from following their lead—or dissuading them from making the same mistake they did?
The 10th edition of the Edelman Trust Barometer, released in 2009, opens with this pretty grim executive summary of the State of the Trust Union:
Government bailed out banks in New York and London. Melamine-laced baby formula rolled off assembly lines into the homes of Chinese parents. American auto executives descended on Washington hungry for handouts. An Illinois governor was led away in handcuffs. And as a $50 billion Ponzi scheme collapsed, an Indian tech mogul’s fraudulent enterprise started to crumble. This year, the world had more reasons than ever before to suspend its trust—and for the most part, our data reflect this. Nearly two in three informed publics—62% of 25-to-64-year-olds surveyed in 20 countries—say they trust corporations less now than they did a year ago. When it comes to being distrusted, business is not alone. Globally, trust in business, media, and government is half-empty; and trust in government scores even lower than trust in business.
Figure 12.1 Deconstructing Trust in Companies
As Figure 12.1 illustrates, trust itself ...


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Mannatech recently launched GinMAX™ tablets to its Korea market as well as to its China e-commerce website, MEITAICHINA.COM. GinMAX is a powerful,...
Mannatech Korea and Mei Tai China Make the Morning Healthier with New Nutrient-Rich Coffee (+中文, 한국어)
Mannatech recently launched the world’s most complete coffee, GlycoCafé™, to its Korea market as well as to its China e-commerce site, meiteichina.com.
The Luminovation skincare line includes eight innovative new products suitable for all skin types…
Mannatech executives will be touring Asia throughout June and July to share the Compensation Plan, provide information on new products, recognize new leaders and share TruHealth™ success stories.
What do you do when success with Mannatech has given you the freedom you have been seeking your entire life? You learn to play the ukulele.
Mannatech is hosting its annual Asia MannaFest event where thousands of Associates from the region will gather and experience the excitement of the company’s complete rebrand and launch of several new health and wellness products.
Yong Chong Won worked very hard throughout her career so that she could enjoy an early retirement. Since joining Mannatech® her retirement has been easy, and she is able to enjoy some of life’s most precious gifts without fear of the future.€
Myong Jin Lee and Ju Won Bae have finally been able to achieve their dream of supporting three generations of family members with excellent health, financial freedom and time to spend together.
Jae Sook Jung and Woo Hyun Shim felt confident that Mannatech was a way to transform their lives, and they knew they couldn’t let this opportunity pass them.
Mannatech has added 14 new independent sales Associates to the Mannatech Million Dollar Club*. The Mannatech Million Dollar Club now has...
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Today, Mannatech Korea announced it will launch a new brain health product, Cognitate, exclusively in Korea on October 31 at...


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insider buys. I mean this is a dip to be bought!!! target set at $47. a takeover easily in the high 20's.. stay in the game here. rewards will be great!! coal is at the bottom as oil and natural gas will not stay cheap. coal will be the cheapest energy source and CHINA uses a lot of coal. WLT exports to Asia..
oas will offer a bid for KOG here soon. takeover rumors have swirled around this stock for some time they will be bought out.. news says OAS is a contender!
the SD company. wow. a double. this is very over sold people!!
China is buying up these cheap mining and metal companies. WLT will be bought out. mentioned too on CNBC last nite. stay the course folks!!! don't listen to the bears would want to knock this down
HOLD THIS STOCK we are at the bottom folks. any dip will be bought..
check it out for yourself. cnbc today on pops and drops!!
too.demand will pick up and X will rise fast. very very oversold!!! takeover can happen easily here too as it is very oversold!
be back in demand. CHINA will buy out the mining sector. news is already out they are in a bottoming sector. Coal will not die out...as oil rises and natural gas rises, coal will be the cheapest to use and it will get used. WLT has 200% upside and an easy buyout target as they ship to Asia!! buy buy buy be in the high $20's shortly!
easily happen at these prices.Citigroup has a $29 target on WLT
so where is your STORY!! you didn't post. would like to see this inprint. I think this isn't true as insiders bought a lot of shares this spring.. only for one reason, that WLT is going past the price they paid for it!
to play here. China is NOT going to quit using coal.. BUY on this dip. WLT is valued at $30 a share. look at all the insiders who bought. board members know this stock is worth way more than where it is trading today
a takeover for WLT is in the cards here people. do not sell your shares. CHINA uses a lot of coal and they are buying up mining companies, etc. makes sense . with nat gas prices to climb, oil is rising and COAL is CHEAP.. buy buy buy!!!
I mean can the board speak up here for its shareholders. best hear something long before MOnday morning. WHERE ARE U. why would u post such a headline when u don't need to finance till 2015. the news should not have been out!!! back yourself up board!
checked out the company. thousands and thousands of shares BOUGHT not SOLD!!! no reason for this. sometimes these sell off produce MAJOR buying opportunities.. buy on the dip. a take over will happen eventually!!!
they don't have any payments due until 2015. is why they canceled their loan. that is good news to me. Shares should rebound next week as they DONT NEED to borrow any money.. no reason for this drop. people over react when they hear this stuff!! insiders bought this company HUGE SHARES BOUGHT. now they would not have bought without understanding the company... buy on the dip as soon as it opens over reaction!!!
they get their financing together. a perfect time to buy. the insiders didn't buy to lose their money.
they know the company. a computer cliché dropped these shares like this and is why it was halted. no reason for a drop like this. a takeover will happen at this price.. CHINA uses a lot of coal and yet I see rail cars hauling coal . still a demand and China will be interested in this cheap company .
spring back like you wont believe when this turns around in Europe and you know it will. BUY when others are fearful and sell when they are greedy. we are at the bottom here folks. upside is the only way this is going!!
timing the market is a fools game. about the time ya sell, it will fly up 300 points. it will happen. DOW 16000 is still coming and beyond. America will be the next Saudi Arabia and this country will prevale.. ENEGY is what will pull the USA out of its rut. OWN ENERGY STOCKS TOO..HAL has been in the news as a major benefit from all the drilling. IN need of their services
sure why but the foreign stocks do that. STO did the same thing
research and see for yourself. timing this market is a fools game. stay in the game as Cramer would say.
This dip is a buying opportunity!!!


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Britishvolt, the UK’s foremost investor in battery cell technologies and associated R&D to create homegrown intellectual property, signed a Memorandum of Understanding (MoU) with UK sports car manufacturer Lotus to demonstrate tailor-made battery cells.
The partnership will focus on the co-development of an innovative new battery cell package to power the next generation of electric sports cars from Lotus. The package is set to feature in a new sports car, powered by Britishvolt cells and utilizing advanced electric propulsion technologies developed by Lotus.
The companies will work on integrating cell formats and chemistry that provide enhanced energy density and power capability, fast-charging and other specifications.
Development work on the project will benefit from the close proximity of Lotus and Britishvolt’s R&D centers of excellence in the West Midlands, the UK’s ‘golden triangle’ of battery development. The Lotus Advanced Technology Centre (LATC) opened in Wellesbourne in 2020 as the global headquarters of Lotus Engineering, the consultancy division of the business.
The collaboration with Britishvolt is another significant development in the ongoing transformation of Lotus from a UK sports car company to a global and all-electric performance car business and brand. It follows a £100-million (US$134 million) investment by Lotus in its UK facilities, which includes manufacturing centers at Hethel for the Evija pure electric hypercar and Emira sports car.
Earlier, Britishvolt announced a two-year, multi-million pound (£) co-development framework with the UK Battery Industrialization Centre (UKBIC) to produce its next generation of battery cells.
Initial solutions will focus on high nickel, increased energy density, materials to produce and test batteries with greater performance and range.
Britishvolt is moving ahead with its plans for its first full-scale electric-vehicle Gigaplant in Northumberland; the project is receiving support from the Government through its Automotive Transformation Fund, delivered by the Advanced Propulsion Centre.


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Vodafone has reported a 3.3% increase in service revenues for the first quarter, as it benefited from the easing of lockdown restrictions, growing customer numbers, and a subsequent rise in roaming revenues.
The Newbury-based operator reported service income of €9.39 billion for the three-month period, as it increased the number of mobile connections on its European networks to 113 million.
Contract customers rose from 64.5 million to 65.6 million year-on-year, while broadband subscribers increased by 400,000 to 25.6 million. The number of converged customers across all markets is 7.9 million – up from 7.4 million.
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In the UK, service revenues rose by 2.5% to £1.3 billion, with the company adding 29,000 broadband customers and 65,000 contract mobile subscribers.
The loss in roaming income had affected all operators as business travellers and tourists were forced to stay at home. But with the resumption of international travel, roaming revenues jumped by 56% year-on-year. However, this revenue was still down by 54% compared to pre-pandemic levels.
Nonetheless, Vodafone is happy with the performance and says it is on track to deliver its full year target of between $15 billion and €15.4 billion.
“I am pleased to report that we are back to service revenue growth in Europe, as well as Africa. This growth was broad-based within both Consumer and Business segments, with the vast majority of our markets contributing. This is a result of our commercial and operating momentum built over the past 3 years as part of our strategic transformation.
“In Europe, the operating and retail environment has not yet returned to normal conditions, but we are delivering a good service revenue performance. In our Business segment, we are seeing stronger growth with our public sector and corporate customers, whilst further building a pipeline of demand for our digital services, such as IoT, security and cloud.
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FCC clears the way for more Wi-Fi
The commission proposed making a large portion of high-frequency airwaves available for use by unlicensed devices, including Wi-Fi routers like those that many use in their homes, the Times reports.
The agency's five commissioners also expressed hopes that the new airwaves would unleash new innovations, just as unlicensed spectrum in the past made possible such devices as cordless phones, garage door openers and television remote controls.
After a public comment period, the commissioners will try to issue final rules and regulations, a process that could take a year or more, the Times reports. Possible roadblocks exist because some of the airwaves proposed for the new applications are already in use by private organizations and government agencies.
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Slovakia wants the trade exchange between Slovakia and China to become more balanced, writes the Slovak Economy Ministry in the Concept of Development of Economic Relations between Slovakia and China for 2017-2020 document which the Slovak government adopted on April 11.
Slovakia has been reporting a long-term trade deficit with this Asian country. In 2015, imports from China made up more than 7 percent of Slovakia’s total imports. The share of Slovakia’s exports to China accounted for only 2.5 percent of the export total, the TASR newswire wrote.
“It is not only desired, but also urgently needed to look for new forms of cooperation with the goal to achieve a change in the commodity structure of mutual trade,” the ministry wrote in its material, as cited by TASR. It stressed that the basket of exported products on the Slovak side especially should change, because cars make up almost 70 percent of Slovakia’s exports to China.
The mutual trade between Slovakia and China exceeds €6 billion in the long term but Slovakia has been reporting a trade deficit, which moreover, has been deepening each year.
Analysts: Economic ties between Slovakia and China likely to expand
Trade relations between China and Slovakia are likely to grow deeper in the following years, agree analysts, who believe that Slovakia is attractive for China in terms of geographical location and its cheaper labour force.
They stress that China belongs among the countries boasting high economic growth.
“That trend translates into rising living standards and the growing purchasing power of its inhabitants,” said Poštová Banka analyst Jana Glasová as cited by TASR. “Also on the rise is the Chinese demand for EU products, particularly those on the more expensive and luxurious side, whether it be electronics or cars. Therefore, China represents an interesting market for Slovak exporters.”
The analysts expect economic ties between Beijing and Bratislava to expand, as Slovakia may serve as a gateway into Europe for Chinese investors.
“There is room for greater cooperation in foreign trade and the proposed restoration of the Silk Road could contribute to that,” said Slovenská Sporiteľňa analyst Katarína Muchová. “However, much will depend on its specific form and extent.”
Muchová believes that there are several factors working in favour of Slovakia that attract foreign investments. Among these are geographical location, eurozone membership, a good ratio between the quality and cost of the labour force as well as well-developed industry.
There could also be other factors at play behind Chinese interest in Europe.
“Growing Chinese investments are also likely to be the result of the fact that in many cases it’s more advantageous for Chinese entrepreneurs to open up their branch in Europe or carry out an acquisition than having to deal with the physical distance when exporting their products to European countries,” said Glasová.
Any potential slowdown of the Chinese economy shouldn’t have a direct influence on the Slovak economy, as China is not one of Slovakia’s most important export partner countries. However, Slovakia could feel the adverse effect indirectly, via the deceleration of economies of individual European countries or America.
Experts: More words than actions in boosting ties with China
Several experts warn that while Slovakia is speaking about boosting economic ties with China, for now there are more words than action.
“Slovakia has fallen asleep at the switch,” said Peter Baláž of the Bratislava-based University of Economics, as cited by TASR. “The government is making statements that it is committed to boosting economic ties with China, but tangible results are lacking.”
Head of the Stratpol think tank, Richard Turcsányi said that, from among the Visegrad Four (comprising Slovakia, the Czech Republic, Poland and Hungary), Slovakia is the least important trading partner for China.
“The biggest difference between us and the rest of the V4 resides in the fact that they’re truly committed to developing relations with China,” said Turcsányi as cited by TASR. “In Poland and Hungary, for example, there’s quite a broad consensus on the issue across the political spectrum. By contrast, no such discussions are taking place in Slovakia. Since Robert Fico’s second government (2012-16), Slovakia has been doing only the necessary minimum or even less than that.”
China’s New Silk Road plan
The Slovak government has shown an interest in China’s New Silk Road plan, in which some $124 billion (€114 billion) should be invested in the years to come.
“It affords an historic opportunity and is considered the project of the century,” said Slovak Economy Minister Peter Žiga as cited by TASR. “There’s every indication that China and other major countries such as Russia are strongly committed to launching the new Silk Road. While details have yet to be announced, the question is whether or not we will be involved.”
The government is looking to hold talks with China in the near future, following the approval of the Concept on the Development of Mutual Relations group, in April.


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Report: Toshiba Leaving U.S. Netbook Market
May 28, 2012 8:35 AM
comment(s) - last by
NB510 won't come to the US
Toshiba will offer no more netbooks in the U.S.
If you're a fan of netbooks, you'll have one less brand to choose from in the United States moving forward.
reports that Toshiba has announced it will not be bringing its new netbooks to the United States. The move is no surprise as sales of netbooks in the United States have
plummeted in the face of competition from tablets
such as the iPad.
Toshiba unveiled its first netbook earlier in the year, the NB510, which features an Intel Atom N2600
reports that a Toshiba executive has confirmed that Toshiba America will instead be focusing on the ultrabook. Intel is pushing ultrabooks hard in the U.S. rather than netbooks to lure in consumers and business users looking for portable notebooks with more power than a tablet.
The ultrabooks carry much higher retail price the netbook with most ultrabook models going for around $800 or more. Comparatively, the typical netbook is currently selling for about $300.
Toshiba isn't alone and vacating the netbook market in the United States.
and Lenovo are both officially out of the U.S. market while Samsung and Sony are still "technically" sticking with the segment. However, neither company has offered a new netbook in the US this year.
Other major computer makers -- including Acer, Asus, and HP -- do still offer their netbooks in the U.S. You can bet these companies would rather sell ultrabooks thanks to higher retail prices and a bigger chance for profit. Low profit is one of the reasons many computer makers weren't happy with the netbook market. Many computer makers went so far as to accuse cheap netbooks cannibalizing notebook sales.
Toshiba is still pushing hard in the tablet market and recently unveiled
This article is over a month old, voting and posting comments is disabled
RE: HP, Acer and the others will follow quickly
5/29/2012 12:59:47 AM
Yep. One only needs to go into one of the mentioned stores to see how cheap these Toshiba laptops really are. For me I've not seen a laptop made this bad.
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Jan. 2, 2018 – Mondi Group has signed an agreement to acquire 100 per cent of the outstanding shares in Powerflute Group Holdings Oy – a division of Nordic Packaging and Container Holdings – for €365 million. Powerflute will be integrated into Mondi’s Packaging Paper Business Unit.
The transaction is expected to close in the first half of 2018.
Powerflute operates an integrated pulp and paper mill in Kuopio, Finland, with an annual production capacity of 285,000 tonnes of high-performance semi-chemical fluting. Powerflute’s semi-chemical fluting is sold to a diverse range of customers, primarily for packaging fresh fruit and vegetables, as well as other end-uses such as electronics, chemicals and pharmaceuticals. Around half of the company’s production is sold in Europe, while the remainder is exported globally.
“The acquisition of Powerflute supports our strategy of investing in high-quality packaging and paper assets. We are excited by this opportunity to expand our customer offering by further broadening our containerboard product range and geographic reach,” said Peter Oswald, chief executive of Mondi Group.
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text: Can you believe this is already showing up in stores now? For about a week now, there have been Halloween displays such as those in the photos at the local Goodwill. Once Kmart and Target and other stores start clearing out the school supplies (now about 60 cents each), they too will begin stocking Halloween. And both seem to bring out Christmas stuff before the calendar even switches to October. Why so soon for Chrismas, I always wonder?


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PlayStation May Be Reviving Controversial PS2 Series on PS5
Back in August of last year, we relayed word that a controversial PS2 series may be revived on PS5. Fast-forward, and this looks even more likely. Last year, former Sony London developer Mike Rouse revealed he heard Sony was working on something for The Getaway, a series born on the PS2 and a series that has been dormant for many years. Fast-forward and Sony has filed a trademark for "Soho Engine." How is this related to The Getaway? Well, the studio behind the series was known as Team Soho.
The trademark itself isn't new, it was actually filed last year, but it's resurfaced online and has PlayStation fans itching with speculation. The surface-level implication is that this, at the very least, is related to SIE London Studio, as this team was created out of the ashes of Team Soho. The other implication is that this is related to The Getaway, but even if it is, the series may not be reborn as PlayStation fans remember it.
Speaking hypothetically, say if SIE Londo Studio is working on The Getaway, it's probably for PlayStation VR, as that's what the studio is primarily known for. In fact, it's really the only VR-dedicated team Sony has. Right now, we know the team is working on a new PS5 game. This much has been confirmed. What hasn't been confirmed is whether or not it's for PlayStation VR 2 and of course whether or not it's related to The Getaway.
The Getaway debuted back in 2002, as an action-adventure game on the PS2. Developed by Team Soho and published by Sony, the game -- which was inspired by British gangland films and drew comparisons to GTA -- didn't light the world on fire critically, but it did sell well. In the modern day, Sony usually wants both of these boxes checked before it greenlights a sequel, but back then, it wasn't so caught up on Metacritic scores. So, a sequel was greenlit.
In 2004, The Getaway: Black Monday released -- also via the PS2 -- selling half the number of copies and performing even worse with critics. Ever since then, the series has been on ice.
At the time of their release, both games stirred up a bit of controversy and were barred from release in certain regions of the world. Meanwhile, the first game had to remove content post-launch after British Telecommunications took issue with its logo being used in the violent game.
All of that, take all of the speculation above with a grain of salt. At the moment of publishing, Sony has not commented on any of it or the trademark that has created. We don't expect this to change, but if it does, we will update the story accordingly.


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April 9, 2008 After a successful run of comics sales, fueled in part by a special release on MySpace, the series North Wind has been picked up by Hollywood. The book follows the few people living in California after global warming brings on a new ice age and covers sunny LA in snow and ice.
According to a press release from BOOM!, the rights were picked up by Davis Entertainment, which previously ushered I, Robot, Eragon and Alien vs. Predator to movie screens. The screenplay will be written by series writer David DiGilio, who previously created Eight Below and the ABC show Traveler.
BOOM! has a few other properties in development, including the series Tag, Talent and The Foundation and the graphic novel 10.
North Wind caused a stir among retailers when BOOM! did a simultaneous release, putting issues up on MySpace Comics (you can read them right here). But spokesman Chip Mosher told me the series ended up exceeding sales expectations.
Courtesy of: http://www.comicmix.com/2008/04/09/north-wind-is-latest-boom-book-optioned/


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Substantial growth in ads is on the way to Facebook.
Foursquare CEO plans to take on Yelp with new social recommendations.
Delicious founder creates new people search engine, Skills.to.
Innovative mobile ads grab attention in Barcelona.
Tablet reading is becoming the norm.
Email... continue reading »


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Colorado bill directs CDA to study the use of hemp in animal feed
Industrial Hemp Animal Feed
Senate Bill 109, sponsored by Sen. Kerry Donovan and Rep. Jeni Arndt, creates a group to study the inclusion of hemp products in animal feed. The group, headed by the commissioner of agriculture, would include a hemp producer, a hemp processor, a legal expert, a person from an institution of high education who’s studied hemp policy, a veterinarian, a livestock producer and anyone the commissioner determines useful to understanding other implications of hemp’s inclusion in animal feed. The group would make recommendations by Dec. 31. The bill passed the Senate 34-0 in February. Last week, it passed the House 63-0.
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WASHINGTON — Today, Sept. 22, National Farmers Union, a national organization advocating on behalf of nearly 200,000 American farm families and their communities, launched Fairness for Farmers. This campaign seeks to rally Americans to urge…


text:
(Recasts, adds detail, background throughout)
SAN FRANCISCO, July 29 (Reuters) - Children’s Place Retail Stores Inc (PLCE.O) said on Tuesday that Chief Financial Officer Richard Paradise was resigning and would be replaced by Susan Riley, currently the company’s executive vice president of finance and administration.
The children’s apparel retailer said in a statement that Paradise was leaving effective Aug. 1 to pursue another business opportunity.
The company operates approximately 900 of its namesake stores. This spring, Children’s Place sold its Disney store chain back to Walt Disney Co (DIS.N).
Children’s Place has been weighing a possible sale of the company under pressure from its largest shareholder, board member and former Chief Executive Ezra Dabah, who owns a 17 percent stake in the company.
Dabah has said he might offer to buy the company for $24 a share.
Shareholders have sued the company, claiming that Dabah’s offer was timed to take advantage of a temporarily depressed share price.
In May, the company posted a greater-than-expected rise in quarterly net profit, helped by robust demand for its children’s clothing.
Shares of Children’s Place closed at $39.06, up 3.4 percent, on the Nasdaq on Tuesday.
Reporting by Alexandria Sage, editing by Phil Berlowitz


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Seven private-sector organisations are drawing up an economic road map comprising short- and long-term reform plans to be presented to the junta.
“The most important thing right now is to find ways to bring back confidence in consumption, investment and tourism, while each organisation has also been tasked with coming up with a plan to enhance the country’s competitiveness for the next 15-20 years,” Isara Vongkusolkit, chairman of the Board of Trade, said yesterday.
The groups are the Thai Chamber of Commerce/Board of Trade, Tourism Council of Thailand, Thai Bankers’ Association, Federation of Thai Industries (FTI), Federation of Thai Capital Market Organisations, Stock Exchange of Thailand and Thai Listed Companies Association.
The road map aims to boost Thailand’s competitiveness based on sustainable growth and to come up with a tangible plan to restore consumer and investor confidence as soon as possible in order to help stimulate the economy.
The seven organisations will meet again to review each one’s long- and short-term economic plans.
Supant Mongkolsuthree, chairman of the FTI, said there were seven frameworks within the road map. They were plans to increase the country’s competitiveness, enhance public and private investment, promote education and innovation, lessen social and economic inequality, fix corruption, reform regulations, and create a new economic structure.
Each organisation will come up with long- and short-term plans for each of the frameworks that are related to that agency’s operation.
The short-term plan would concentrate on bringing back confidence to stimulate the economy, while the long-term plan should be tangible and sufficient enough for the National Economic and Social Development Board to include it in the future economic-development blueprint.
It should not take more than half a year to rebuild the confidence of consumers and investors, Supant said. “Six months would be too long. We have to bring it back as soon as we can.”
The plans of each organisation will be presented at their meeting next week before they are compiled and submitted to the National Council for Peace and Order, which should happen before the end of June.


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July 10, 2017 BondsThe Fed’s decision to stay on a path of raising rates will have implications throughout the interest-rate world, including the high-yield debt market.


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Town of Union, NY (WBNG Binghamton) A proposed law in Broome County caused local business leaders to react.
James Stilloe, owner of Solid Gold shop in the Town of Union, said he couldn't believe the proposal when he heard about it.
At shops like Solid Gold Jewelry, Stilloe said customers are guaranteed the highest cash prices paid. Owners said if the proposal is passed, that may no longer be true.
The law would ask the secondhand shop owners to hold their merchandise for 10 days before they can receive their profit. This way, police can check to see if the item was stolen property before coming to the shop.
"Gold and silver is traded on a second by second basis," said Stillow. "It would be very hard for a legitimate business owner to hold gold or silver for 10 days. It would hurt the consumer because there would be no way to pay a fair price for the gold or silver."
In addition to holding the merchandise, shops would need ID from every customer. Stilloe said he already does that.
Broome County Sheriff David Harder told Action News that law enforcement does not believe this proposal would hurt business.
He said it is an opportunity to reduce crime in the Southern Tier.
"A true business owner would have no problem with this law," said Sheriff Harder. "It's a good law. It protects them and the public. It helps us in our investigation. There are people already doing it, they're not having any problems."
Stilloe called himself a true business owner who is concerned about losing customers.
"What would happen is, all of us would have to drop our price and consumers would shop elsewhere across the border," added Stilloe.
Law enforcement believes that leaving the state will not affect the outcome.
"If they think that their business is going to hurt that much, or they need to move across the border to Pennsylvania to carry on what they're doing, then I think Pennsylvania will look at it and create the law themselves."