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Businesses interested in selling marijuana for recreational purposes now can consider opening up shop in Deerfield.
In front of a large crowd Monday night, the Deerfield Village Board opted to regulate the sale of cannabis within the village’s borders once the new state law legalizing recreational marijuana use takes effect Jan. 1. Individual communities throughout Illinois have the option to either ban or regulate recreational marijuana sales, under the law.
Trustees approved a zoning ordinance that classifies recreational marijuana businesses as a special use on a 4-1 vote with Trustee William Seiden casting the lone “no” vote. Trustee Dan Shapiro was absent because of a scheduling conflict, village officials said.
In previous meetings, a majority of board members seemed opened to the idea of allowing recreational marijuana sales as board discussions focused on how best to regulate dispensaries.
But many residents have expressed reservations with the idea, arguing the presence of dispensaries in town will increase drug usage, especially among kids. More than 200 people attended the board’s meeting Monday, including an overflow crowd that had to watch the proceedings on TV in an adjacent room.
“Not having a dispensary is not going to make the problems go away,” Mayor Harriet Rosenthal said following the board’s vote. “We don’t live in a bubble. We don’t have a gate around our community. What we will have are the problems without the local control.”
But the question of when a recreational marijuana dispensary, if interested in Deerfield, could open in the village remains unclear.
The new village ordinance stipulates that local regulations won’t go into effect until 60 days after the state adopts administrative rules over recreational marijuana products, including the potency of THC — the main intoxicating substance of marijuana — used in those products, which vary from the traditional leafy flower to edible chocolates and gummy bears.
If village trustees determine they’re not satisfied with the state’s administrative rules, they also can vote to cancel the ordinance, officials said. Likewise, if the state doesn’t have rules in place by July 1, trustees also can use that as grounds to try and cancel the ordinance.
Beyond those stipulations, a business that is proposing to open a recreational dispensary in Deerfield will have to go through the village’s planning process, including a public hearing in front of the Deerfield Plan Commission and numerous meetings with village board members, before receiving a final vote.
Under the new ordinance, only one dispensary would be allowed to operate within an limited area bounded by Waukegan, Pfingsten and Kates roads, as well as Deerfield’s southern border. Deerfield already is home to a medical marijuana dispensary called Greenhouse, which is located within that area on Pfingsten Road.
Earlier in the year, village board members adopted a measure that allows the village to collect the local 3% sales tax on recreational marijuana products permitted under the state’s new law.
Despite the board’s support for recreational marijuana sales, many residents who attended the meeting Monday reiterated their concerns during public comment, saying a move to regulate the sale of cannabis within Deerfield will adversely affect kids and lead to more severe substance abuse.
“You are entrusted from protecting us from nonsense like this,” resident Robert Barkin told trustees.
Deerfield resident Lindsey Dexel, who supported the proposal, said parents still will have the responsibility of educating and protecting their children regardless of what Deerfield officials decided.
“The scare tactics that have been talked about are just that — scare tactics,” Dexel said. "We, as a community, need to find a means to appropriately educate our children and empower them to make responsible choices that they will undeniably face as they step outside of our community.”
Steve Sadin is a freelance reporter for Pioneer Press.


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Fears of US dairy glut
SUBSIDIES aimed at cushioning American farmers from the US-China trade war could have surplus product looking for new markets, putting global trade under pressure.
Dairy Australia trade manager Charles McElhone said the industry was closely watching the impact of US President Donald Trump’s $12 billion farm support program, which is being rolled out as the US-China trade war escalates.
The majority of subsidies have been allocated for direct payments to farmers as compensation for income losses due to higher tariffs imposed by China, including about $127 million for the US’s 41,000 dairy farmers.
It means US farmers will be insulated against the effects of the trade war, and could keep producing the same or a larger amount of product despite lower demand, amid a presumed drop in input costs.
“The net impact for the US dairy farmer could be a net positive, as they get these direct payments and the cost of production goes down,” Mr McElhone said.
“It creates a concern for Australian dairy because that surplus product will have to find a home elsewhere and other markets will come under pressure as a result.”
Mr McElhone said while it was too early to tell the impacts of the trade war, the US would likely look to Australia’s key markets of South-East Asia, Japan and Korea to find a home for its excess stock.
The US-China trade war shows no sign of resolution any time soon, with Mr Trump this month announcing another $200 billion in tariffs on Chinese goods, meaning more than half of Chinese imports will be subject to extra taxes.
China retaliated by announcing another
$60 billion in tariffs on US goods, subjecting about
90 per cent of all American imports to new duties, while also announcing a cut in tariffs for non-American goods from November 1.
Mecardo market analyst Matt Dalgleish said Australia needed to balance its strategic relationship with the US and its trading relationship with China – the nation’s biggest agricultural export market by far, hitting
$12 billion in 2017-18.
“If we can remain open to free trade and are able to keep negotiating worthwhile trade relationships, Australia could come out reasonably well,” he said.
Mr Dalgleish said Australian beef could benefit, as the US had only just received access back into China last year and trade protocols were not in place before the trade war kicked off.
“It was a concern when the US got access as that was another competitor in the high-value end, but this has certainly delayed that, so it’s a net result in favour of Australia,” he said.
❝ It creates a concern for Australian dairy because that surplus product will have to find a home elsewhere.
— Charles McElhone
WATCH AND WAIT: Dairy Australia is keeping a close eye on how US subsidies in the wake of the trade war affect supplies.

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31 May 2011, 05:00
Primed for the Bulldozer chip, we take a closer look at the 990FX chipset and ASUS's TUF motherboard.
30 May 2011, 04:38
An AMD Llano APU board goes under the spotlight.
11 May 2011, 08:00
In the market for a brand spankin' new Z68 motherboard? Here's your chance to win one for free!
10 February 2011, 15:13
An AMD partner tries its hand at high-end Intel P67. We take a closer look.
30 November 2010, 15:14
Say hello to my little friend.
26 November 2010, 07:00
We give Gigabyte's mid-range Sandy Bridge board the once-over.
2 July 2010, 17:08
The motherboard giant updates its performance mATX X58 board. Is it worth £200?
5 June 2010, 12:19
Parm chats to ASUS' Joe Hsieh about where the company is headed.
5 June 2010, 10:34
Working up a sweat, Parm hits the J&W stand and snags a look at one of the world's first AMD 890GX motherboards.
5 June 2010, 10:13
Parm grills Eric, Biostar's marketing manager, about AMD's push with its new series of chipsets and how they're faring for the company.
19 May 2010, 05:00
We take a peek at the most extreme motherboard Gigabyte has ever released.
27 April 2010, 13:25
Micro-ATX board pairs AMD's useful SB850 southbridge with a new 880G northbridge. Is this the 785G successor you've been waiting for?
4 March 2010, 06:43
Premium motherboards litter the stands of CeBIT 2010. MSI genuinely believes that its Big Bang models are the best. Watch the show-floor video and let us know if you agree.
3 March 2010, 00:21
Reckons new chipsets provide optimum balance between features and price.
2 March 2010, 07:32
Following on from our airing of ARES, ASUS' Iain Bristow shows off two mainboards he reckons you'll be breaking world records with.
1 March 2010, 16:37
New 800-series chipsets on display before official launch tomorrow. MSI gives us a rundown.
1 March 2010, 13:59
Bill Donnelly from Sapphire drops in to show us some new lower-end cards that'll be perfect for media use...
25 November 2009, 12:47
We take an exclusive look at MSI's latest high-end gaming motherboard.
10 August 2009, 10:43
MSI's Richard Stewart drops into the studios to talk to Tarinder about their new MSI P55 based mainboards
30 July 2009, 10:59
We examine the MSI P55-GD65's credentials; it looks good on first glance.
23 July 2009, 12:58
Potentially low on cost but high on features, we take a brief look at the mATX-sized motherboard that will house Intel's new chips.
14 July 2009, 10:47
The board you should buy this autumn?
11 June 2009, 10:23
Inno3D's Caroline Kwok talks us through the new NVIDIA Ion platform.
10 June 2009, 15:00
Scott talks to Matt Wuebbling, Senior Product Manger, Notebook Group, NVIDIA and discovers that Ion doesn't have to be centred around Intel's Atom.
8 June 2009, 16:46
1,100 employees, 500,000 sq. ft. 3m mobos. 600,000 graphics cards. Big numbers, lots of photos. See how it all fits together.
7 May 2009, 15:15
NVIDIA's Luciano Alibrandi introduces us to the Ion, a little miracle of technology.
6 February 2009, 15:45
Turn your Core i7 920 to a 965 for 'free'.
8 September 2008, 15:03
James Smith, HEXUS' Manager of Performance Analysis, talks us through some of the features on the FOXCONN A7DA-S mainboard, highlighting useful features for overclockers but also handy extras for the ...
7 August 2008, 09:40
AMD's quietly slipped in the 790GX chipset, promising better overclocking, a greater feature-set, and the world's best integrated graphics.
20 June 2008, 11:02
DFI talks us through their new software which automatically overclocks your system for you without all that fiddling about.
6 May 2008, 10:28
MSI's yet-to-be-released P45 Platinum motherboard boasts plenty of new features and we take an early look.
1 May 2008, 18:26
NVIDIA launches its new high-end AMD chipset equipped with integrated graphics and Hybrid SLI support.
18 March 2008, 14:01
An incremental update to the nForce 680i and 780i - now with DDR3 support as standard.


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Kenya just dropped the toughest new law regarding plastic bags. According to the BBC, anyone producing, selling, or even using single-use plastic bags can be sent to jail for four years or be fined up to $38,000.
Plastic is the world’s handiest scourge. It’s everywhere you look–the device you’re reading this on, the computer I’m writing this on, the bag your latest purchase came in. That last one, especially, is a tough one. According to Earth Policy, every year the United States uses 30 billion plastic bags. Slowly but surely, those bags are being traded out for something better because a lot of people are coming to the realization that there are better options.
Already, Rwanda, Mauritania, and Eritrea have outlawed plastic bags. Kenyans use somewhere around 24 million plastic bags each month, and in many places, there are no recycling or garbage system set up. “Plastic bags now constitute the biggest challenge to solid waste management in Kenya,” Kenya’s Environment Minister, Judy Wakhungu, told the BBC. “This has become our environmental nightmare that we must defeat by all means.”
Manufacturers are pissed because they’re looking at a big hit to the wallet. They’re claiming that as many as 80,000 jobs will be lost as a direct result of the ban. Here’s an interesting fact: Using paper or cotton bags isn’t necessarily better for the environment, excepting the obvious recycling benefits.
“Research in Europe has shown that a paper bag must be used three times to compensate for the larger amount of carbon used in manufacturing and transporting it,” wrote the BBC. “Likewise a plastic ‘bag for life’ must be used four times, and a cotton bag must be used 131 times.”
Last week, two plastic bag importers filed a case to get the ban dropped, but the High Court threw it out. In the last decade, there have been two failed attempts to ban plastic bags in Kenya, but this one looks like it might stick. The court ruled that commercial interests didn’t trump the pressing environmental issues Kenya is facing.
Kenya is now part of a group of more than 40 other countries that have either banned plastic bags or taxed the shit out of them. “The ubiquity of the objects, which cause a whole manner of issues as they are thrown into land fill, the streets, and more frequently than not, the oceans, has meant that many nations are re-thinking their attitude towards the bags,” wrote Josh Davis for IFLScience. “Clearly, the main issue of plastic bags is their single-use intention. Taking energy and oil to produce, they are only used once before often being thrown away, after which they may take between 500 and 1,000 years to degrade. In the oceans, they break down into micro plastics, which are then thought to be consumed by birds, turtles, and fish. If humans eat these fish, then we too can end up consuming the plastics.”
For now, at least, the everyday consumer in Kenya needn’t worry too much. Officials are focussing more on the producers of bags instead of those who use them. Ordinary shoppers caught with plastic bags will simply be given a warning and have their bags taken away–presumably leaving the contents with the shopper.


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Northern California wildfires have burned more than 183,000 acres, destroyed at least 2,800 homes, and killed more than 30 people in the last six days. Charleston Grill sommelier Rick Rubel said that “these wineries have always stepped up to the plate when we need them, now it’s our turn to pay the love forward.”
For the month of October, Charleston Grill will offer an entirely new wines by the glass menu focused solely on California wines; a portion of proceeds will be donated to the Napa Valley Community Disaster Relief Fund and Sonoma County Resilience Fund.
Charleston Grill General Manager Mickey Bakst says that yesterday he and Rubel were looking at New York Times pictures of the devastation. “Rick came up with this idea, we have 1,300 wines [at Charleston Grill]. He said ‘let’s change all of our wines by the glass to just California wines and let’s send money somewhere,'” says Bakst. “And then the thought came to me that the reality is we’ve always called on wineries to help with charitable events. You know every event you’ve ever gone to where wine was poured? That wine was given for free.” Bakst says he’s reaching out to national wine distributors and publications around the country to help support with relief efforts.
There will be 30-35 wines by the glass on the California only list, so that’s about 30 more reasons to go to Charleston Grill. The restaurant is open 5:30 to 10 p.m. daily.


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The CDC on Wednesday removed its Travel Health Notice website that issued warning levels for the potential of contracting Covid-19 on cruise ships.
The decision to pull down the notice was rooted in the current state of the pandemic and a drop in Covid-19 cases on cruise ships in recent weeks, said CDC spokeswoman Jasmine Reed.
“Travelers will make their own risk assessment when choosing to travel on a cruise ship, much like they do in all other travel settings,” she said.
The travel health notice had been a major source of contention for cruise lines and travel advisors, which had argued no other travel sector was under as much scrutiny or practiced as many health safety measures as cruise ships.
“We’re absolutely thrilled to see that the CDC recognizes that it’s time to remove the Travel Health Notice website,” said Tom McAlpin, CEO of Virgin Voyages, which launched its first two ships during the pandemic.
“While we feel this was a long time coming, we recognize this move as a demonstration of all of the hard work this industry has done to ensure that we’re offering the safest way to travel. It’s refreshing to see them meet us where we’re at, and clearly where our consumers are at considering the major uptick in demand we’ve seen,” he said.
CLIA applauded the CDC’s removal of the Travel Health Notice, saying health measures in place on cruise ships are “unmatched by virtually any other commercial setting.”
As the omicron variant took hold in the U.S. in December, the Travel Health Notice spiked to a Level 4 warning level, instructing people not to cruise even if they were vaccinated, which infuriated the cruise industry. When cases dropped, the CDC lowered the threat level and eased cruising restrictions.
Source: Read Full Article


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UCLA staff, faculty and students can now take advantage of discounts and incentives being offered by 20 participating shops and restaurants in Westwood Village, thanks to a new program created by the Westwood Village Improvement Association.
Bruins only need to show a valid UCLA ID to receive a 20 percent discount from Barney’s Beanery, $10 off any repairs above $50 from Westwood Wireless or 30 percent off for watches and jewelry from Michael K. Jewelers, among many other offers.
Visit the program’s website for a list of participating merchants.
In a letter to the campus community, Administrative Vice Chancellor Jack Powazek, who serves as a member of the association’s board on UCLA’s behalf, said the association is working on revitalization efforts to ensure that the area’s economic development is aligned with the needs of faculty, staff and students.
Powazek said that the university has always made it a priority to engage with Los Angeles through programs, services and resources that benefit the city’s diverse neighborhoods.
“Investing in Westwood Village by visiting local businesses serves our collective interest by helping ensure that UCLA remains a safe, secure and attractive environment to live, learn and work,” Powazek said in his letter.


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A major grocery store chain announced plans to set up shop in Albemarle County on Tuesday, but groundbreaking could still be months or years down the road.
Wegmans, a supermarket based in New York, announced Tuesday it has signed a lease to anchor a shopping center planned for 5th Street Extended near the I-64 interchange. Developers say they expect to break ground next summer, but Albemarle County says they still have some issues to work out before setting any timeline
Albemarle County Spokesperson Lee Catlin said, "They really have to do with how the project is matching what's envisioned for that area in our comprehensive plan. But again, we've been working very actively with the developer and having good conversations about moving those issues forward."
Before development, the project needs to go through a public hearing and get approval from the planning commission and the architectural review board.
Wegmans Announces Plans to Come to AlbemarleMore>>
Derick Waller joined the NBC 29 news team in August, 2010. Prior to this, Derick graduated with degrees in both broadcast journalism and political science from Virginia Commonwealth University in Richmond. Email/Follow on Twitter/ Full Story


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Mortal Kombat 11 was fully revealed during an event in Los Angeles today and we now know the games’ DLC plans.
Shao Khan can be added to the game if you pre-order Mortal Kombat 11 now. It’s unconfirmed whether you will be able to purchase him separately at a later date, but we suspect that will be the case.
Those who pre-order will also gain access to the Mortal Kombat 11 beta which begins on March 28th.
As expected, Mortal Kombat 11 will have a Premium and Kollector’s Edition for those who want a bit more. The Premium Edition comes bundled with the Kombat Pack which will offer early access to new fighters, as well as skins, and other content. Meanwhile the Kollector’s Edition will give you a steelbook as well as extra special packaging and a Scorpion Mask.
The Kombat Pass is expected to get fully revealed during a January 30 Kombat Kast, however the event gave us the briefest hint that one of the characters included in the pass is Kabal, a fan-favourite from Mortal Kombat 3. This is actually really interesting as the early leaks from the game – while they got certain things right – never mentioned Kabal as a possibility.
It is anticipated there will be six DLC characters in total for the Kombat Pass, as well as 7 skins and 7 sets of gear.
We also learned that Ronda Rousey will be performing as Sonya Blade, and the rest of the currently confirmed roster includes Scorpion, Baraka, Sub-Zero, Raiden, Skarlet from Mortal Kombat 9 and brand new, time-bending character, Geras.
Mortal Kombat 11 will release April 23 for PS4, Xbox One, Nintendo Switch, and PC.


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China, Japan Car Sales Take Off, US Way Down
The new regional automotive sales lines are being drawn, with very different outcomes in Asia and the US. Toyota, even despite its recall issues, had the largest increase in its domestic auto sales in 38 years. Chinese automakers also saw sales increase dramatically. This, of course, while sales in the US were slower last month than they’ve been in about three decades.
According to Bloomberg:
“Japan’s sales of cars, trucks and buses rose 47 percent to 290,789 in August from a year earlier, the Japan Automobile Dealers Association said. Retail deliveries of passenger cars, multipurpose and sport-utility vehicles in China jumped 59 percent to 977,300, the China Automotive Technology & Research Center said.
“Japanese consumers rushed to take advantage of government subsidies expiring this month, while dealer discounts in China lured buyers in the world’s largest auto market. South Korean auto sales rose 21 percent, and Maruti Suzuki India Ltd., the biggest carmaker in India, reported domestic sales surged 33 percent after economic growth accelerated last quarter…
“…Higher auto sales in Asia in August compare favorably with slumping sales in the U.S. and Europe. In the U.S., auto sales last month probably were the slowest in 28 years as model-year closeout deals failed to entice consumers concerned the economy’s worsening and they may lose their jobs.
“Industrywide deliveries, to be announced tomorrow, may have reached an annualized rate of 11.6 million vehicles last month, according to the average of eight analyst estimates compiled by Bloomberg. That would be the slowest August since 1982, according to researcher Ward’s AutoInfoBank.”
The rates of car sales could be at least partly influenced by each country’s unemployment rate. The US and Europe are at 9.5 and 10 percent respectively, while Japan marks nearly half, at about 5.2 percent. You can more details in Bloomberg’s coverage of how China and Japan are leading Asia’s an August car-sales surge.


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Will people lose weight if labels show how long it takes to burn off calories?
Adding that information to food and drink labels could help people avoid packing on the pounds, according to a policy paper published Friday by the Royal Society for Public Health. The British health agency found that introducing "activity-equivalent calorie labels" helps people stop underestimating how long it will take them to work off something they've eaten.
RELATED: Are Nutrition Labels More or Less Pointless?
The need for the labels is certainly there: Nearly 2 billion people worldwide are overweight or obese, according to the World Health Organization.
"Although nutritional information provided on food and drink packaging has improved, it is evident that it isn't working as well as it could to support the public in making healthy choices," said Shirley Cramer, the chief executive of the society, in a statement. "Activity-equivalent calorie labeling provides a simple means of making the calories contained within food and drink more relatable to people's everyday lives, while also gently reminding consumers of the need to maintain active lifestyles and a healthy weight."
RELATED: See What 200 Calories of Your Favorite Foods Looks Like
The health organization shared sample images of the labels, which show consumers how many minutes they'd have to bike, swim, or run if they choose to eat a particular item. People can then decide whether noshing on a bag of potato chips is worth 19 minutes of running, 23 minutes of cycling, or 13 minutes of swimming.
A survey of 2,000 adults by the society found that 63 percent would support the introduction of activity-equivalent calorie labels. More than half of respondents said seeing the labels would change their behavior.
The public health experts wrote that people spend about six seconds looking at the package on a food item before they toss it in their shopping cart. Although some folks may be checking for sodium content or for the grams of fat in an item, the society's researchers wrote that people are "most likely to look for total calories on food labels, rather than other forms of nutritional information." To take advantage of the focus on caloric intake, the organization recommends that food companies alter the front of packages so that consumers can make informed decisions.
The first step to burning calories is knowing how to count them:
Related stories on TakePart:
Big Food Aims to Kill Mandatory GMO Labels Before Year's End
Both Researchers and the Public Think Warning Labels on Soda Will Work
First Soda, Now Salt: New York City Slaps Warning Labels on Restaurant Menus


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US car sales in March did not meet the industry’s expectations, although consumers are upbeat about high incentives, which car sellers are likely to keep that way for a while.
TrueCar, which is controlled by same owner as ALG, estimated that US car sales increased by only 1.8% to hit just under 1.5 million in March 2014. However, the figure represents a 24% increase from February, as per TruCar’s estimates.
The seasonally adjusted annual rate for car sales advanced about 3% from a year ago to hit 15.7 million on estimate. The annualized figure gives a picture of possible full year sales based on March sales, according to Forbes.
The good news for consumers is that March witnessed the highest incentives since 2010, standing at an average of $2,773, the estimates from Santa Monica-based TrueCar showed.
According to the estimates, General Motors gave incentives of $3,719 on average for models Cadillac, Chevrolet, Buick and GMC. For models Chrysler, Fiat, Dodge, Jeep and Ram truck, Chrysler gave an average of $3,349. Ford Motor Co. gave incentives of $3,260 to encourage the purchase of models Ford and Lincoln.
Big volume Asian brands gave lower incentives on average. Nissan gave the highest incentives, which stood at $2,889. Automakers Toyota, Kia and Honda gave incentives which were lower than the industry average.
Industry experts attributed the disappointing car sale figures in January and February to bad winter weather. While weather conditions improved in March, auto sales did not rise to the occasion.
“When customers put off a purchase – say, because of the weather – they don’t necessarily go out the next sunny weekend and buy a car,” said Eric Lyman of ALG.
But executives from Toyota and Ford were reported by Reuters as having being upbeat that the solid car sale figures in the second half of March were indicative of significant improvements in April.
To contact the reporter of this story; Jonathan Millet at email@example.com


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Jennifer Aniston's new skin care campaign is just making us feel bad1/19/2013
Buyer, beware: Jennifer Aniston might be about to swindle you out of your hard-earned dollars. She's partnering with Aveeno to be the face of a new skin-care line for a rumored $10 million. Obviously, Jennifer Aniston has access to some of the world's leading dermatologists, Botox purveyors and aestheticians. You had better believe Jennifer Aniston's beauty routine probably involves nothing bought in a drugstore. Her skin care regime is likely more along the lines of that scene in "The Wizard of Oz" where a team of demi-wizards buff out the Tin Man and dye Dorothy's eyes to match her gown. Jennifer Aniston said she's been using Aveeno for years; we suspect as a doorstop. [Source]
Click to see more on msnNOW.com , updated 24 hours a day.
What celebrity would you most want beauty tips from?


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Copenhagen Fashion Week has officially partnered with Circulose®, a new recycled material for fashion. The partnership, rooted in shared values of innovation and circularity, brings together two Nordic fashion industry leaders to accelerate the shift to a global circular economy for fashion. The partnership reinforces Copenhagen Fashion Week’s mission to create a global platform for responsible fashion, and Circulose®’s vision to change the fabric of fashion from the inside. The first occasion takes place during the SS23 edition on August 9-12, 2022, when globally recognized press, buyers and international creative leaders will gather in Copenhagen for shows, trade fairs, talks, activations, presentations and events. The partnership is long-term, covering five seasons starting from SS23.
Recognised as the fifth most influential fashion week in the world, Copenhagen Fashion Week has garnered international acclaim for representing leading Nordic fashion and driving sustainability efforts as the first fashion organisation to create mandatory sustainability standards for official programme participants beginning 2023. These ambitious strides mean that Copenhagen Fashion Week is expected to attract more international presence than ever before.
To strengthen and further this dedication and supported by Circulose®, Copenhagen Fashion Week is investing in emerging Nordic talent by launching its inaugural Talent Support Scheme in August 2022, which will encompass an ambitious mentoring and support program for designers, with a dedicated Talent showroom as part of CPHFW Spring / Summer editions.
“By announcing this program we are proud to introduce the CPHFW NEWTALENT support scheme as a formalised structure to how Copenhagen Fashion Week is investing in the next generation of exceptional talent. With responsibility an overarching and foundational focus of our organisation, CPHFW NEWTALENT will continue to grow this dedication by presenting a support scheme that will introduce our global audience to three Nordic visionaries and provide an encompassing program to build their brand on an international scale. Through the vital partnership of Circulose® as overarching official partner of CPHFW NEWTALENT, we are able to make this dedication a reality, aligning with a holistic partner whose values feel perfectly synonymous with our own. ”
— Cecilie Thorsmark, CEO Copenhagen Fashion Week
Given Copenhagen Fashion Week’s globally impactful initiatives, Circulose® brings an innovative and ambitious solution to make fashion circular. Circulose® is a natural material made by transforming discarded cotton textiles, like old jeans, into a dissolving pulp. In a breakthrough process powered by 100% renewable energy, Circulose® transforms discarded textiles into a new material that needs no cotton fields, no oil, and no trees. For designers and fashion creatives the key feature of Circulose® is that it frees them from the need to sacrifice style or quality for the sake of circularity. That means Circulose® is perfectly at home at Copenhagen Fashion Week, with its prestigious reputation for fostering exceptional fashion talent.
“To make fashion circular, we have to join forces with leading ecosystems like Copenhagen Fashion Week to get Circulose® into the hands of designers, brands, and creatives in every corner of the industry. Circulose® changes fashion from the inside by eliminating old constraints of textile-to-textile recycled materials without sacrificing quality and style, so partnering with a globally relevant fashion week is only natural. We are grateful for CPHFW’s leadership in encouraging circularity and nurturing top talent, and we look forward to supporting the future shapers of style with them over the coming years.”
— Patrik Lundström, CEO of Renewcell, the Swedish innovator behind Circulose®.
About Circulose® – changing fashion from the inside
Circulose® is a branded material produced from 100% recycled textiles. Renewcell’s customers use Circulose® as a raw material to produce natural biodegradable textile fibers like viscose and lyocell. By replacing virgin textile fibers like cotton with fibers produced from Circulose®, fashion brands can significantly reduce the climate and environmental impact caused by raw material production and fashion waste. More information on Circulose® can be found at www.circulo.se
About Copenhagen Fashion Week
Copenhagen Fashion Week is the fifth most influential international fashion week, the sustainable fashion capital of the world, and a leader in fostering top Nordic talent. Taking place biannually in January/February and August, Copenhagen Fashion Week welcomes esteemed press, buyers, brands, and influencers to four days of shows, presentations, trade fairs, talks and events across the city, attracting an international audience of leading industry figureheads.
Sustainability is a core value for Copenhagen Fashion Week. Their sustainability strategy is underpinned by the UN Sustainable Development Goals 12, 13 and 17, aiming to reduce the impact of Fashion Week events and direct brands toward a more sustainable execution of collections and shows. In 2019, Copenhagen Fashion Week announced its ambition to transition the event into a pioneering industry platform for sustainability. In January 2020, Copenhagen Fashion Week launched a three-year action plan, “Reinventing Copenhagen Fashion Week,” with minimum sustainability requirements for brands on the official schedule that will take effect in 2023.
On the other hand, Copenhagen Fashion Week is formalising its dedication to emerging Nordic talent through its newly inaugurated Talent Initiative. The talent scheme supports designers under three years in business through a structured annual scheme focusing on international business growth, mentorship, and showcasing.


text: Hewlett-Packard Co plans to announce its Information Utility strategy today at the Mission Critical Computing Conference in Palm Springs – an attempt to regain the perception that it has a clear vision of its future technology direction. HP says it did have a clear strategy in place during the old client/server days, but then Sun came along with Java and Jini and took away all the limelight. Information Utility sounds uncomfortably like the Open Group’s Dialtone initiative, centering round a permanent connection to the internet that information appliances can be plugged into, just like the electricity or telephone networks. But unlike the Open Group, HP says it has the technology to turn its vision into something real, developed at its HP Labs think tank in Palo Alto, California. Even so, it won’t be talking technology today, and says it won’t be ready to do so for another six months. One of the ideas is to end the current necessity to upgrade hardware every time a new application comes out. HP says that under the new scheme, a new application would run on existing older hardware, through client appliances that plug into the utility server and network system. Currently, says HP’s VP and group marketing manager Nick Earle it’s like buying a new telephone every time you want a new telephone service. What HP will be showing today are some prototype appliances that might end up being plugged into the information utility. One is the already announced Capshare portable scanner, which can capture scans of hard copy material in a few seconds and transmit them to a PC via wireless link. The device, invented by Ross Allen from HP Labs, will be available in December for $700, and will be sold by a new Portable Capture and Communications division at HP, based in Colorado. HP expects the device to do well. And Bill Russell, VP and general manager of HP’s enterprise systems group will also show a tiny video camera embedded within a watch that can produce some 40 seconds of video and transfer it via infrared connection to a computer. There will also be a smart card based global positioning system and monitoring card, which could be used by a parent to track the whereabouts of a child, or used as a heart monitoring system for a patient with heart trouble, which could notify doctors of any problem before the patient was aware of anything wrong. HP is actually less interested in the appliances themselves than in the tidal wave of data they could potentially unleash on the network, which will need its large systems to support it.


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Ryanair has announced a huge sale on winter flights
Get the flights while they're cheap.
Ryanair has announced a huge winter sale with flights reduced to €9.99.
Over 250,000 seats on 900 routes will be on sale for travel in October and November.
The €9.99 seat sale fares are available now but must be booked before midnight Wednesday (12 July) and can only be found on the Ryanair.com website.
Ryanair’s Robin Kiely said:
“Winter is on its way and we’ve launched a huge seat sale with over 250,000 seats on sale from just €9.99 on more than 900 routes, for travel in October and November, only on the Ryanair.com website.
This amazing offer will end at midnight Wednesday (12 July) so customers should log on quickly and bag a bargain winter getaway today.”


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Earlier this week I talked about phone security in terms of malware and phishing schemes.
Now I want to turn attention to smartphone apps. The release of the iPhone 4 and the new Android phones has focused conversation on the privacy issues. In an article at Fast Company, writer Kit Eaton said the problems surrounding Facebook and privacy have nothing on the privacy issues of smartphones:
Think about what your smartphone -- particularly iPhones and Android devices with their bounty of apps, and BlackBerrys with their automated ties back to your workplace and your email -- has aboard it. With just a push of a button or a poke at the touchscreen, pretty much anyone who got hold of your phone could read your email, read or make postings to your social networking app of preference, see pictures of you, your family, your girlfriend (think of the compromising celebrity "naughty snap" photos that keep popping up) and so on. The devices, existing as they do as an extension to the old notion of personal digital assistant, contain far more personal data than would ever have been accessible on older dumbphones. And, for the sake of convenience many of us have our apps auto logging-in and keep the phone unsecured, so that quickly accessing it to send a text or tweet, or snap a photo is easy.
InfoWorld reported that 20 percent of Android apps can threaten privacy, based on the permissions granted:
The permissions -- which allow applications to do a multitude of things, including initiating a phone call, reading SMS (Short Message Service) messages or identifying the phone's location -- are there to help people develop useful applications. But applications might also access those kinds of personal data for nefarious purposes, according to SMobile.
Besides the 20 percent of applications that let third parties access private or sensitive information, 5 percent of applications have the ability to place a call to any number, and 2 percent of applications can send an SMS to an unknown premium number, in both cases without user involvement.
iPhone has its privacy problems, too, according to a Los Angeles Times blog:
An increasing number of iPhone apps ask users for their location, which is then used by the application or even uploaded to the app's maker. Apps like the Twitter application Tweetie and Google Maps make frequent use of location data, either to help the user get oriented geographically or to associate the user's action with a specific location (as when a tweet is geotagged).
There is some positive news, however, regarding apps and phone security concerns. Sophos has developed security threat monitor app for iPhones. (I hope Sophos will be developing a similar app for other smartphones!).


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This article was originally distributed via PRWeb. PRWeb, WorldNow and this Site make no warranties or representations in connection therewith.
SOURCE: SecurityCoverage, Inc.
“Trouble in the Cloud” graphic and consumer checklist help celebrate Data Privacy Day January 28th.
Cedar Rapids, Iowa (PRWEB) January 25, 2013
(January 28, 2013) – Last year, more people bought smart phones than PCs, yet awareness of digital threats for mobile devices (including tablets) still wanes. In honor of Data Privacy Day, held annually on January 28, SecurityCoverage has released an infographic describing “Troubles in the Cloud” and a Data Privacy Checklist to help Internet users better protect themselves and their families at home and on the go.
“As a leading computer and mobile device security firm, we see risks in the environment every day,” said SecurityCoverage CEO Robert O’Dell. “We want to make sure that consumers are both aware of these risks and taking steps to protect their devices, their privacy and their families.“
Data Privacy Checklist:
For more articles on protecting your device, your privacy and your family, visit http://www.securitycoverage.com/blog.
Based in Cedar Rapids, Iowa, SecurityCoverage's mission is to simplify the use of technology and provide world class customer service. Known for award winning digital security and exceptional support services, SecurityCoverage secures online identities and devices across desktop, mobile handset and tablet environments. It serves customers through a partnership group of electronic retailers, Internet Service Providers, and telecommunications and cable companies across the nation. Product and company information is available at http://www.securitycoverage.com.
Mr. O’Dell is available for interviews and questions around data privacy and digital security.
For the original version on PRWeb visit: http://www.prweb.com/releases/prwebPrivacy/Security/prweb10355303.htm


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Samsung Galaxy A54 5G has been unveiled on Google Play Console. The page shows that the model number of this aircraft is “SM-A546E”. The model number may be “SM-A546B” in some countries and regions.
The screen resolution of this machine is 1080 x 2340, the pixel density is 450 DPI, using AMOLED panel material. It comes with OneUI 5.1 running Android 13 and uses an Exynos 1380 (s5e8835) processor. The chip features four ARM Cortex A78 cores at 2.4GHz, four A55 cores at 2GHz and five Mali G68 Gpus at 950Mhz.
The Samsung Galaxy A54 5G will feature a 6.4-inch Super AMOLED display with Full HD+ resolution. For smoother scrolling, the device will have a 120Hz refresh rate and a 32m selfie camera on the front of the body.


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Facebook ice cream. It makes absolutely no sense, but it’s helping a Croatian ice cream shop do brisk business this summer.
It’s hard to have an edge as an ice cream shop (or, so I imagine, I have never run an ice cream shop.) Unless you’re going to get funky with your flavors and start infusing your vanilla with ayahuasca and appealing to a niche of psychedelic summer treat enthusiasts or something, ice cream is just ice cream.
But Admir and Ibi Adili, brothers who run Valentino ice cream shop on Murter Island in the Adriatic Sea, found a unique way to attract social media lovers in the area: They created a blue-and-white ice cream and named it “Facebook” complete with a logo that will look familiar to anyone who spends too much time creeping on acquaintances via the world’s most scary-popular social network.
The Facebook ice cream does not taste like Facebook because Facebook is a website and you cannot taste it (though I imagine it would taste like a combination of narcissism, short-term social fulfillment, and regret). The Facebook ice cream tastes like gum and candy, thanks to the flavored blue syrup. There’s probably some metaphor in here about something being sugary, addictive, and only good in moderation, but I’m too lazy to nail it down.
This isn’t the first time someone’s made some quick money off of goods with a social-media theme (you can buy Twitter shoes if that’s what you want to do with your money), but it might be the first time someone has made a type of food that supposedly captures the essence of a website.
You can still get the colorful treat if you find yourself on Murker Island, although that might change if Zuckerberg and company catch wind of the confection, since the Adilis are using the Facebook name without permission.
Valentino also appears to have Red Bull flavored ice cream, which, ew.
[Photo credit: Croatia Week]
- The new ways Meta will pay you to make content for Facebook and Instagram
- Facebook about to rebrand under a new name, report claims
- Targeted Facebook ads are about to lose a big audience: iPhone owners
- Facebook is adding shopping to your mobile app
- Facebook now lets businesses charge for online events


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High Plains Bison maintains the second-largest herd of bison in the world, according to Kevin Lamar, chief customer officer for the bison company's new weight-management branch, Plainsmart. So it's no wonder that when the company decided to jump into the weight-loss industry, it built a menu making its own bison meat the focal point for its dietary plan.
Plainsmart will launch its first weight-management clinic on Monday, July 6 at 401 West Hampden Place in Englewood; it's using metro Denver as the testing ground for a concept it hopes to build into a national brand. "Denver is a great food market and it's a bison town," Lamar explains. And that's true — Denver diners are at least savvy enough to understand that bison doesn't taste much different from beef and it's certainly not gamy, as the uninitiated might assume. Plus, we stopped calling it buffalo years ago. And the National Bison Association is based here.
Bison is still a minority meat, though, even out here in the West, but most supermarkets offer the meat in ground form and other cuts are becoming more and more common, especially in Denver restaurants embracing Colorado's heritage. But are Denverites ready to curb calories while turning to bison as a primary protein source?
Plainsmart wants to make that part easy: The weight-loss program includes pre-made, shelf-stable meals — breakfast, lunch, dinner and snacks — as part of a 21-day program. It all starts with bison, which Plainsmart pitches as lower in fat and calories than beef, pork, chicken or turkey. Lamar says the meat is also richer in iron and anti-oxidants than standard grocery-store meats.
The majority of the boxed meals contain bison in some form — meatballs, breakfast sausage, braised short-ribs and grilled sirloin, for example — but there are also chicken, seafood and vegetarian options for those not ready to be, um, buffaloed. Additional between-meal snacks include high-protein bars and fruit smoothies. The diet itself is intended to be high in protein and low in fat, but also includes whole-grain carbohydrates — Lamar notes that it's not an extreme diet like Atkins or Paleo.
"We want to suggest that you be on our food program, but it's not required," Lamar adds. A 21-day meal package, which includes three meals a day plus snacks, comes in at about $500; there are also additional costs for a body-composition analysis (to establish body-fat percentage before and during the program) and regular dietary consultations.
Lamar notes that Plainsmart "takes it a step further than other diet clinics" by offering evaluations from registered dietitians and a recommended fitness program. In fact, the company plans to sell a line of fitness equipment that customers can buy for home use. A typical customer experience would start with a visit to the new weight-loss center for an initial screening (including that body-composition analysis), an evaluation of activity level, current diet and overall health, and weekly check-ins to monitor progress. The plan also recommends using an activity tracker during the week that Plainsmart can access to see how you're doing with its recommended balance of cardiovascular and strength training.The overall goal is to lose body fat without also losing muscle mass or sacrificing nutrition.
Plainsmart plans to add six to eight more storefronts in the metro area, Lamar adds, and the company will soon launch a direct-response infomercial campaign for a nationwide audience.
Let the bison stampede begin.


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Apple reported record-breaking results again and its precipitous slide to doom could not be any more imminent.
“Apple’s best days are behind it, says top analyst” (Tip o’ the antlers to @BradSkid.)
Just hours before Apple is set to report quarterly earnings, one top Internet analyst said the tech company’s best days are behind it.
That’s great timing if you want to get on the news, not so good timing if you want to be accurate.
“Ehhh, I don’t have all the facts but I’m pretty sure I know what I’m twerking about. … Talking. I meant to say ‘talking’. What did I say?”
“The fear is that Apple is entering growth purgatory,” senior analyst Toni Sacconaghi of Sanford C. Bernstein said Tuesday on CNBC’s Halftime Report.
This is the fear we’ve had for almost 15 years and we’re sticking to our guns. It’s gotta be right eventually!
Sacconaghi got a question in during Apple’s quarterly conference call that more gently suggested the same thing. Cook’s reply?
I recognize that people can have their own models and so forth, but just to make it clear that I’m not agreeing with your point.
That’s CEO speak for “Don’t make me fly out there and literally give you a wedgie because I have my own plane and also a pair of gloves I use specifically for this purpose.”
Though he still believes the company will be a “moderate grower,” Sacconaghi told CNBC that Wall Street has already factored Apple’s decline into its math.
Apparently not everyone got Sacconaghi’s memo:
”Wall Street seems happy with Apple’s results, guidance”
Read the writing on the wall in the Sanford C. Bernstein men’s room, people.
“I think its best days are behind it,” Sacconaghi said. “The Street is discounting that Apple’s free cash flow will decline in perpetuity.”
It wasn’t exactly free cash flow. They did have to work for it.
The thing the Macalope doesn’t understand is that while people so repeatedly point out that Android has all the market share, they also seem to think there’s no place for the iPhone to go. These things are not immutable. But no matter how many times Tim Cook points out the switcher number or their incredible growth rates in emerging markets, they’re like “Tim, please! You’re only embarrassing yourself!” The Mac’s ability to grow shipments while the rest of PC market prematurely faces the slow heat death of the universe only falls on their deaf ears.
No, you’re right. Wall Street not getting Apple isn’t news.


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Sony has announced a software update for its SmartWatch that will bring several enhancements. One of the improvements is also one of the most requested by the community -- making the watch face always visible. Many members of the Smart Watch community requested that even in stand by mode they wanted to see the watch and Sony has listened, which is good to see.
Other enhancements include:
- Increased usage support in the SmartWatch application
- Endomondo Sports Tracker is now in the recommended apps list
- Improvements to Music Player, Weather and many third-part apps
Current SmartWatch owners will receive a notification when the update has been pushed, but it is also available from Google Play.
Source: Sony Xperia Product Blog
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“In-person conversations with attendees are irreplaceable and many are looking forward to connecting in October,” stated a release from ASC.
Most importantly, however, ASC is welcoming attendees back the right way: safely.
The ASC staff has been working closely with the event’s host, the Omni Orlando Resort, to ensure safety measures will be an ensured.
All attendees should read this important information by downloading an information sheet detailing the safe return to the ASC Convention and EXPO.
“With dozens of educational speakers and focused sessions plus more than 70 exhibitors eager to greet you at the ASC EXPO,” stated ASC.
To learn more and to register, click here.


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‘Healthy Seas’ targets discarded nets
An NGO and 2 businesses have launched a project to recycle abandoned fishing nets _ that account for 10% of the junk hanging around the world’s oceans _ into something wearable. Some 640,000 tons of nets are floating out there, for hundreds of years and threatening sea life. The aim is to transform these into synthetic yarns for things like socks, swimwear, underwear and carpets.
The “Healthy Seas, a Journey from Waste to Wear” is an initiative of Italy’s Aquafil, a maker of polyamide and _ from the Netherlands _ the European Centre for Nature Conservation and Star Sock, a wholesale production company. It will be launched in 3 phases. Full details by late April 2013. The first phase will aim at 3 regions: the North Sea (Netherlands and Belgium), the Adriatic Sea (Italy, Slovenia and Croatia) and the Mediterranean Sea (Spain). Healthy Seas is not alone. In January, Interface Global, a carpet tile maker, and the Zoological Society of London launched Net Works, a venture to recycle discarded nets on the beaches of some of the world’s poorest coastal communities into carpet tiles.


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To reduce consumption, electricity department sells LED lights in Ghaziabad
In a bid to reduce electricity consumption and decrease load on the existing power infrastructure, the Uttar Pradesh Power Corporation Limited (UPPCL) has started selling LED bulbs to consumers.noida Updated: Jun 02, 2016 23:25 IST
In a bid to reduce electricity consumption and decrease load on the existing power infrastructure, the Uttar Pradesh Power Corporation Limited (UPPCL) has started selling LED bulbs to consumers.
The 7-watt bulbs are being sold at `80 while the 9-watt bulbs are being sold at `99. Officials said that around 3,000 LED bulbs were sold during the first three days of the scheme.
The LED bulbs help reduce power usage as the commonly-used incandescent bulbs consume more electricity.
The electricity department is selling LED bulbs through counters at electricity substations in Nehru Nagar, Raj Nagar, Sector 10 and Sector 16 of Vasundhara, Rajendra Nagar, Shalimar Garden and Shipra Sun City.
“Under the scheme, consumers will have to bring their latest electricity bill. All those using a connection with a load of up to 2 kilowatt can purchase up to five LED bulbs and those using a load of more than 2 kilowatt can purchase up to 10 bulbs. The bulbs are offered in capacities of 7 watt and 9 watt, and cost `80 and `99 each, respectively,” Arvind Rajvedi, chief engineer (distribution) of Paschimanchal Vidyut vitaran Nigam Limited, said.
PVVNL, in the first lot, has received nearly 1.4 lakh bulbs for sale in the Ghaziabad zone. The electricity operator has purchased nearly 42 lakh bulbs at a cost of `35.88 crore. These are to be distributed under the PVVNL circles in Meerut, Gautam Budh Nagar, Ghaziabad, Hapur and Bulandshahr, among other districts.
“The scheme is attractive due to low cost of the bulbs, which are generally available in market between `200 to `500. I will purchase the bulbs and will recommend it to my relatives and friends if the quality is durable,” Lokesh Kumar of Govindpuram said.
Officials said that the bulbs will carry a warranty for two years.
“If a consumer comes to us with a fused bulb during the warranty period, the same will be replaced at the counter. The bulbs have special marks of the company and PVVNL for easy identification. We urge consumers to purchase and use the low-cost bulbs offered by the department,” Rajvedi said.
Officials said that the idea behind the scheme is to provide low cost bulbs to consumers, besides reducing electricity consumption.
“We expect that the cost (of LED bulbs) in open markets will come down once the sales of our LED bulbs picks up pace. In an earlier scheme, the bulbs were offered on instalments but the idea was scrapped because it was not possible to maintain sizeable records for the paid and pending instalments. The scheme will also help the middle class consumers move to a more cost-effective, energy-saving option,” Rajvedi said.


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This week, Kush Parikh came on board as an EIR (Entrepreneur-In-Residence) at Madrona. We are excited to have him on board.
You might know him as the former CEO of PayByPhone, the app that saves a lot of time for Seattle drivers and those in and many more cities in the US and Europe.
Kush moved to the Seattle area 11 years ago after being an “intrapreneur” at Texas Instruments working as a principal in their venture group and building several wireless semiconductor businesses including WLAN, Bluetooth and GPS before they became mainstays in our daily lives. Kush came to Seattle to join INRIX, a global leader in road traffic information. He grew to be the CBO (Chief Business Officer) at INRIX and stayed there till 2013. In 2014, Kush became the CEO of PayByPhone, the largest mobile payments company focused on the parking market in the world. The company grew quickly to over 13M users across North America and Europe, processing over $325M in payments and was acquired by Volkswagen Financial Services in 2016.
Kush brings domain experience in both enterprise and consumer services to Madrona. He continues to be an active advisor/investor in start-ups, including being on the Board of Directors of SightLife Surgical, the world leader in corneal care services with a mission to eradicate the planet of corneal blindness.
Outside of work, Kush enjoys golfing, travel and combining those hobbies with his family of four including two girls. Kush has a BSEE from Penn State, an MBA from Duke, and recently attended a CEO/CMO invitation only new economy marketing program jointly led by Columbia Business School and Google.


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As they say, wine is the memory of the sun, which is placed in a bottle. Yerevan Wine Days 2021 will start on June 4, in the central streets of sunny Yerevan.
The "Premium" sponsor of the event is "ArLeAM" company, which will present the high-quality apples of its own intensive orchards, as well as premium quality dried fruits and vegetables, fruit and vegetable chips, natural juices, honey, teas, oils and more of the Armenian producers united under its brand.
By cooperating with "ArLeAM", especially small and medium-sized producers get the opportunity to enter large markets, increase production volumes, develop their own business.
To remind, "ArLeAM" was the General sponsor at the Russian ProdExpo-2021 largest international exhibition, which took place in Moscow in March, where the products presented by the company attracted the interest of the large chains of Russia and other countries. Partnerships have been and are being established with many of them.


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Remaining 25.2 percent of subsidiary acquired Dr. Peter Fath appointed CTO Expansion of technology expertise
First technical center worldwide to develop reactors and converters for the production of polysilicon at work Successful reactor start Transfer of know-how from solar cell to silicon production
Sales in 2007: €166.2 million (+ 53.1%) EBIT nearly doubled to €21.1 million (+ 87.1%) Record order volume: currently €676.3 million (€462.7 at end of the financial year) Further increase in sales...
Technologists inform about recent news in CIGS technology and silicon production Factory tour on 4 April in Blaubeuren
new locations in Italy and the US order from US solar cell manufacturer Suniva
Sales reach EUR 166.2 million (previous year: EUR 108.5 million) EBIT reaches EUR 21.1 million (previous year: EUR 11.3 million) Analysts’ consensus estimates at time of flotation exceeded
Major order for new solar silicon division Equipment for the production of 5,000 tons of polysilicon Current volume of orders increases to EUR 578 million


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French prices rise by 10 per cent under cover of euro
Everyday items from beauty products to cheese are now more expensive, said watchdogs.
Marie- Jones Nicoli, president of the French Federal Consumers' Union, said: 'The euro has made possible price rises that would not have been possible otherwise.
'In the old days a price increase of one cent was not much, but now one euro cent is worth 6.56 times that. People can put up prices and cash in on the confusion.'
The research, by the French Consumers' Association, found that Camembert was up by 3.7 per cent and extra virgin olive oil by 4.5 per cent.
Nesquik Chocolate powder was up by 5.1 per cent and a pack of Frosties cereal was 5 per cent more expensive.
The association says price increases on many everyday purchases, particularly beauty products, fresh produce and dairy items, were well into double figures.
This, it claims, brings the average effect of the euro on prices to a 10 per cent increase.
The report confirms an earlier study by the European Bureau of Consumers' Unions, which found some very sharp price rises across the continent.
Parking fees in Austria and Finland, for example, went up 40 per cent, while a holiday booking fee in Austria rose 36 per cent.
Consumers in Germany, arguably closest to Britain in terms of the size of its economy, were particularly vulnerable.
The price of some rail tickets rose 30 to 40 per cent, children's haircuts were up by 17.5 per cent and a car wash and wax rose 11.7 per cent.
Some 60 per cent of restaurants put up their charges with, for example, a plate of spaghetti bolognese up 10.2 per cent.
German beer increased by about 2.6 per cent a glass while the price of a packet of chips rose 28.9 per cent.
Bank charges also rose substantially, and cat food, butter, cream and peas were suddenly more expensive.
Irish consumer groups reported a big increase in the price of staple foods, such as half a dozen eggs, which rose 20.7 per cent.
Advocates of Britain joining the euro have recently launched a campaign - Shoppers in Europe - suggesting that joining the single currency will lead to lower prices in this country.
But the research indicates that exactly the opposite may be the case.
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Update: Nintendo has issued the following statement to TechRadar Gaming confirming that the Wii and DSi shop channels are offline for maintenance:
"The Wii Shop Channel and Nintendo DSi Shop are currently undergoing maintenance. We will provide an update at a later date."
Original story: Nintendo's Wii and DSi shop channels are offline, meaning those who want to redownload old DSi or Wii games are currently unable to do so.
As spotted by Eurogamer (opens in new tab), both shop channels appear to have been down since March 16, with Nintendo giving no prior warning that either shop would be taken offline. Those trying to access the DSi shop are getting the error code 290502, while those trying to access the Wii shop channel are getting error code 209601 – both of which indicate an (in this case non-existent) network error.
Nintendo stopped allowing you to purchase games from the DSi and Wii stores years ago, but the shop channels still allow you to redownload previously purchased games. With the shop channels down, those still playing DSi and Wii games are unable to do so.
According to Trash_Bandatcoot on gbatemp (opens in new tab), Nintendo's CDN – the download server that houses the shop data – is still active and allows for downloads from tools like NUSDownloader. That revelation suggests only the frontend of the stores is offline.
Analysis: more Nintendo shops closing?
It's entirely possible that Nintendo has taken the shop channels offline for unscheduled maintenance, or maybe an error has occurred. But the lack of communication from the company has left some questioning whether the DSi and Wii shops will ever come online again.
Earlier this year, the House of Mario announced it will officially close the Wii U and 3DS stores in March 2023 (opens in new tab). The move means that those Wii U and 3DS owners will no longer be possible to buy new titles, download demos, redeem download codes, or add funds. But they can still access and redownload the digital goods they previously bought.
The DSi and Wii shops underwent a similar closure back in 2017 and 2019 respectively. But, if these channels went offline completely, any previously purchased digital goods would no longer be available to download. And they'd only be accessible if they were previously downloaded on those devices.
It would be another major hit to gaming preservation – something which Nintendo has previously faced criticism for as its move to close the Wii U and 3DS stores means that classic NES titles are now locked behind a subscription service.
With no official word from Nintendo, though, we imagine that the current issue with the DSi and Wii shop channels is likely down to an error. After all, last year Nintendo reportedly accidentally delisted over 250 DSiWare games (opens in new tab) from the North American 3DS shop.
TechRadar Gaming has contacted Nintendo for comment.
- Best Nintendo Switch games: Zelda, Mario, Hades and more


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Sergeant Miriam McGuire said there was no problem with the character of the applicant at Cork District Court yesterday.
John O’Leary, director of Kevin O’Leary, Cork, applied for a wine retail licence for Centra at the newly re-opened Texaco at South Douglas Rd.
The objection was based on the link between off-licence alcohol and public order problems and the fact there were 13 premises in the area licensed for the sale of wine or all kinds alcohol.
Judge Olann Kelleher granted the licence, noting from the evidence the gardaí accepted the proposition that public order issues tended not to be associated with the consumption of wine.
However, he remarked: “I don’t know where we are going with all the licences.”
When asked by the judge if he felt there should be a laissez faire attitude to the granting of licences, Mr O’Leary said: “I don’t feel there should be a limit on the number of licences once the retailers are acting responsibly.”
Judge Kelleher asked Sgt McGuire why there was an objection to the licence. Insp Deasy said: “The State would say there is adequate facilities in the area for the provision of alcohol.”


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The payment services operator said it would work to achieve 100% pay equity for its employees, as well as promote practices to hire and retain underrepresented colleagues, including
Black/African American, Latinx and female colleagues.
The company also said it intends to double its spending on diverse and minority-owned suppliers in the United States, as well as provide grants to non-profit organizations by the end of 2024.
Several U.S. companies had pledged billions of dollars to promote racial equality after the killing of George Floyd, a black man, by Minneapolis police sparked protests across the country earlier in the year.
Companies that rushed to take a stand included Home Depot Inc (N:HD) , Procter & Gamble Co (N:PG) and Coca-Cola Co (N:KO). JPMorgan Chase & Co (N:JPM) recently made a $30 billion commitment over the next five years.


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“…our ESOP pool is 25% of overall cap table. 1/4 of our company is owned by colleagues…”
When Prajit Nanu, CEO of cross-border payments firm Nium, made this big announcement announcement Twitter @prajitn Read more on Twitter in July, it made headlines all over Southeast Asia. Singapore-based Nium had just become the first B2B payments unicorn in the region after raising a US$200 million Series D round.
Since then, it has been actively hiring across the US and Southeast to grow its 600+ strong team—we previously wrote wrote The Ken The Interview: Nium CEO Prajit Nanu on building a global fintech power from Singapore Read more about Nium’s growth.


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This week we noticed one more explosive mission within the NFT world come into fruition. The newest pixel artwork pfp mission to see viral success, drawing hypothesis that it might substitute the Crypto Punks mission is the CryptoSkulls NFT mission. CryptoSkulls, a group of 10,000 pixelated cranium pfp NFTs, has drawn huge consideration within the final 24 hours. The excitement comes after investor and celeb entrepreneur Gary Vaynerchuk revealed in a Twitter area on Friday that he has bought a CryptoSkulls NFT for 100 ETH.
Vaynerchuk’s choice to buy a CryptoSkulls NFT got here as no shock to those who have paid consideration to what the entrepreneur likes about older NFT initiatives. CryptoSkulls, an NFT mission that launched in 2019, was one of many first 10,000 NFT initiatives to launch on Ethereum. The importance of the mission’s early adoption of NFT expertise doesn’t go unnoticed, and since Vaynerchuk disclosed his curiosity within the mission, NFT fanatics and traders have been buzzing with hypothesis that the mission could possibly be the subsequent to see explosive development in worth over the subsequent a number of months.
Consideration was first delivered to the CryptoSkulls mission a number of days in the past, when collector Medved mentioned the mission on Twitter after discovering it final fall. Proper now, a CryptoSkull will price you round 2 ETH or extra, with the costs averaging round there for many which are listed on OpenSea proper now. Vaynerchuk, who bought a CryptoSkulls for 100 ETH, or round $300,000 USD, says that among the oldest NFT initiatives are what grabs his interest the most calling them “classic. WIth so many new initiatives getting into the NFT area in latest months, older initiatives are creating extra worth for themselves as collectible objects.
Long run, many consultants predict that the NFT area will grow to be a spot of day after day client use, the place issues like live performance tickets, digital merchandise and different collectibles are bought as an NFT with the flexibility for instantaneous authentication and client rewards as a significant incentive for mass adoption. At present, traders are using the area for collectibles, trading one popular project for another, with 2 main traders selling their Crypto Punks for Cryptoskulls and extra contemplating it.
No matter the place pfp NFTs will find yourself, there isn’t any denying that the business is ripe with huge funding alternatives that incentivize NFT fanatics to proceed searching for the subsequent large mission. At the moment, pfp NFTs are being bought for enormous numbers, typically outdoing single items of artwork which are bought on OpenSea as particular person items. CryptoSkulls, which has loads in widespread with different profitable initiatives like Crypto Punks and Bored Ape when it comes to its huge neighborhood and celeb traders, has shortly shot up in each buying and selling quantity and ground worth to just about 4 ETH. The mission additionally provides holders full licensing rights, which is one other similarity it shares with different profitable NFT initiatives.
To listen to concerning the newest initiatives that main traders are concerned with, sustain with our weblog. There are lots of alternatives for development inside the NFT area, and big initiatives are popping up frequently. With extra folks selling their Crypto Punks for CryptoSkulls, there isn’t any query that the 2019 mission might grow to be the subsequent main one to present traders huge returns. Because the Twitter Live, the mission has shot up on OpenSea to one of many prime promoting initiatives over the past 7 days.


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Currency / Forex
MARKET SNAPSHOT: Stock Market Weakens As Fed Announces October Start To 'great Unwind'
|Top / Flop|
MARATHON OIL ...
L BRANDS INC
BED BATH & BE...
Wednesday, 20 September
Wall St. falls after Fed signals another rate hike this year
1h ago - (Reuters) - Wall Street's three major indexes were lower on Wednesday after the Federal Reserve signaled that it expects another rate hike by year end and disclosed timing for reducing its balance sheet.
Toshiba to sell chip unit to Bain Capital-led group for $18 billion
1h ago - TOKYO (Reuters) - Japan's Toshiba Corp (>> Toshiba Corp) agreed on Wednesday to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange.
How $5 billion of debt caught up with Toys 'R' Us
7h ago - (Reuters) - Toys "R" Us Inc has been making $400 million (£296 million) in interest payments on its debt every year, largely due to its $6.6 billion leveraged buyout in 2005. This week, it succumbed to its debt burden, leading to the biggest bankruptcy of a U.S. retailer since that of Kmart in 2004.
Diageo expects second half to drive full-year growth
8h ago - (Reuters) - Diageo (>> Diageo), the maker of Johnnie Walker whisky and Smirnoff vodka, forecast stronger sales and profit growth in the second half of its financial year after a first half affected by negative factors in China and India and higher spending.
Alibaba-backed Best Inc raises $450 million in IPO after slashing terms
16h ago - HONG KONG (Reuters) - Chinese logistics firm Best Inc priced its U.S. initial public offering at the bottom of expectations, raising $450 million after it revised terms of the deal to cope with tepid investor demand.
Trading in HTC Suspended Amid Google Takeover Reports
4h ago -
Falling Yogurt Sales Drag General Mills' Earnings--Update
6h ago -
Thyssenkrupp And Tata Steel Sign Memorandum Of Understanding For A 50/50 Joint Venture Of Their European Steel Activities
15h ago -


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THE GOLDEN HAIRED GIRL
BY SARA STANZLER
The Runway Lansing Article: "Michigan State University's 2014 Annual Apparel & Textile Design Fashion Show Highlights!"
Fox 47 Lansing article: "MSU Presents the 2014 Student Apparel & Textile Design Student Fashion Show"
MSU Today article: "Annual student fashion show to take place March 15"
State News article: "Fashion show to display student creations"
2014 Annual Apparel and Textile Design Fashion Show
Sara was a designer, showcasing three complete looks at the 2014 ATD Fashion Show on March 15th, 2014.
Transparency Fashion Show at the Eli and Edyth Broad Art Museum
Sara participated in the Transparency Show at the Broad Art Museum in East Lansing, Michigan on April 7, 2013.
Lansing State Journal article "Broad Art Museum hosts student fashion show"
Her Campus article "Transparency Fashion Show"
The State News article "Bring on the Broad"
Fox 47 News article "MSU Broad Museum To Host Fashion Show"
Fox 47 News slideshow featuring images of the show


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Schlumberger, the world’s largest oilfield services provider, is rebranding itself as a technology company and changing its name to SLB, emphasizing its focus on “driving energy innovation for a balanced planet”.
Schlumberger has over 100-year-old history, the brand was originally named after its founders’ family name. Over the past century, the business has earned its place as a giant in oilfield services and equipment. Following industry developments and evolving with times, Schlumberger has dropped old-line products and is now repositioning itself as a digital services provider and supporter of cleaner energies.
Our new identity symbolizes SLB’s commitment to moving farther and faster in facilitating the world’s energy needs today and forging the road ahead for the energy transition. It’s a bold challenge. But the legacy of our people, technology and performance are unmatched, and we are ready to answer this challenge.
Olivier Le Peuch, CEO of SLB
The rebrand to the shorter, more pronounceable and memorable SLB comes with a new logo and brand colours too. It is a sign of the brand transition and new opening to new horizons of innovation and green energy.
Our new brand and strategy are built for this moment in our history. A moment that demands the need for a balanced energy system for our planet and the need to achieve and go beyond net zero to address the climate challenge. Everything we have chosen, from the shape of the logo to our new, bright blue color, symbolizes the boldness of our ambitions and ingenuity of our team to make the new energy future a reality. ’For a balanced planet’ is more than just our new tagline. It’s central to our purpose and our culture. It takes the incredible history of this world-class company, enhances it and moves it forward toward a more sustainable and net zero future.
Dr. Katharina Beumelburg, Chief Strategy and Sustainability Officer of SLB
Acronyms may be seen in some of the world’s most well-known company names, including IBM, NBC, CNN, and many more. Even though the meanings of the initials have long since been forgotten, these acronyms have stood the test of time and are now powerful global brand names.
The company has invested in an exact match premium three-letter .com domain name – SLB.com. Three-letters .com domains are precious as they are short and memorable, and global brands like SLB own over 60% of those names. Some of the biggest oil and gas leaders operate on premium domains, bringing credibility and authority.


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ICC has welcomed a ministerial statement issued today announcing the start of formal WTO talks to establish global rules for e-commerce.
ICC has issued the following statement in response to a recently leaked draft US Fair and Reciprocal Tariff Act that would permit unilateral tariff hikes and abandon core principles of World Trade Organization (WTO) rules.
Mr Denton called on the leaders of G20 nations to seize French President Emmanuel Macron’s recent call to develop a new blueprint for WTO reform in time for the group’s meeting in Argentina at the end of the year.
Incoming Secretary General of the International Chamber of Commerce John W.H. Denton AO has warned against inward policies and other distractions that could threaten global growth in 2018.
This statement is issued at the conclusion of the Forum and following prior consultations with businesses and private-sector associations from across the world. On the basis of these discussions, we wish to convey the following recommendations to Members of the WTO attending its 11th Ministerial Conference (MC11) as regards the future direction of the world trade agenda.
As the World Trade Organisation’s (WTO) 11th ministerial conference kicks off this week in Buenos Aires, Argentina, business is mobilising to support the WTO and its multilateral rules-based approach to trade through the first-ever official “business forum”. Buenos Aires, 11 December 2017 This year, the WTO’s 11th annual ministerial conference takes place at a time [...]
The authors have worked hard to simplify the complex and technical subjects of trade and investment to make them more accessible.
ICC and the World Trade Organisation (WTO) announced today (17 October) that a proposal submitted by the Union of Chambers of Commerce of the former Yugoslav Republic of Macedonia is the second to be selected under the Small Business Champions initiative. Paris and Geneva, 17 October 2017 The proposal sets out a plan to [...]
WTO and ICC announced today that a proposal submitted by Google Inc. is the first to be selected under the Small Business Champions initiative. Geneva, 27 September 2017 The proposal is for a video competition inviting micro, small and medium-sized enterprises (MSMEs) to share their stories, through a short video, about how they have [...]
The ‘ICC-WTO Small Business Champions’ is a call for innovative proposals aimed at raising awareness among MSMEs of the opportunities that trade can provide, and how they can seize those opportunities. These proposals could take the shape of, for example, awareness campaigns, competitions, or capacity building, training and mentoring programs (No financial contribution will be provided by the WTO or ICC to implement proposals).
Geneva, 28 September 2016 Business recommendations on a proposed World Trade Organization (WTO) agreement on e-commerce have been unveiled today at WTO headquarters in Geneva, as part of the on-going WTO business dialogue process launched in May this year. The proposal echoes calls from business leaders for the WTO to play a central role [...]
The International Chamber of Commerce (ICC) has welcomed the conclusion of the World Trade Organization’s (WTO) first ever dialogue with the business community on 30 May as an important step towards strengthening the global trade agenda. The dialogue was initiated off the back of the successful outcome of the WTO's ministerial conference in Nairobi last December, [...]


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A concept for the future iOS 7 by Arthur Reis
Gene Munster and Doug Clinton are top analyst at Piper Jaffray, a full-service investment bank and asset management firm. Recently Gene delivered a report they constructed at the Business Insider’s Ignition Conference. Their report on “What’s Next For Apple” was delivered by Gene and some very interesting information was provided, in addition to their analysis on the future of Apple.
Munster believes that the future of Apple primarily relies on hardware, and now that John Ive has been installed to Apple HI, “Apple is in good hands”. If you’re unfamiliar with Ive then a bit of information may help to understand why Munster and Clinton’s are optimistic over Ive’s recent promotion at Apple.
John Ive was brought into Apple in 1992 as a consultant and later hired as an employee. He was responsible for the 2nd generation Newton, as well as the MessagePad110. After Steve Jobs came back to Apple, Ive was promoted to Senior Vice President of Industrial Design. His first project? The iMac. Which of course helped make the way iPod and iPhone designs. Time will only tell whether or not Ive can change the somewhat disastrous course Apple has been on recently.
According to Munster’s report, there will probably be some iOS7 demos in Q2 of 2013, and this should be the first time we see what Ive may be trying to pull off.
The future iOS 7 may feature:
* An Enhanced Wallet / Passbook
* Commerce Integration
* And Apple Maps Improvements
Apple will probably soon release a streaming radio service in Q1 of 2013 and you can also be on the lookout for a Retina Display Mac Airbook.
What report would be complete without an Android / iPhone reference and surely Munster and Clinton have included their current analysis of the matter. One obvious point that was made with regard to the mobile battle between the two was that the “iPhone is losing the market share battle”. However, Gene and Doug don’t believe that has to be the case, just as we don’t either. They believe that “Eventually, Apple will have to make a cheaper iPhone to snap up even more market share.” We recently ran report that concurs with their conclusion.
One of his other claims regarding the iPhone and Android battle is somewhat amazing when we just stop to consider the reality of it. Munster compared Android to being “Windows-like” in its market share dominance. Reminisent of a time when Microsoft ruled the world. Now it seems to be Android’s moment at world dominance. It has captured nearly 75% of the current global market of smart-phone users. While iOS has a mere 15%.
The Piper Jaffray analyst team also believes, as we do again, that Apple has the need for an Apple sub-$200 iPhone. Gene and Doug though assess the outcome of such a development and believe that by creating such an iPhone priced below $200, Apple can gain a 30% global market share by 2015.
You can find the complete report for “What’s Next For Apple” here.


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AOL recently announced its plans to expand its existing roster of niche web properties and launch at least 30 new ones this year alone – recognizing that AOL.com traffic is no longer their primary objective.
Could this finally be the year that media, agencies, and brands welcome the motto “less is more” with open arms? Are marketers finally learning the value of finding and targeting the right online consumers as opposed to mass audiences with multiple interests?
The shift to the “few versus many” model was inevitable, but there is no doubt that the economy sped up the process. Shelling out millions on blanket media buys to reach the largest possible audience simply isn’t fiscally possible today. The concept of marketing on a budget really forced the industry to be creative with their tactics and media to be creative with their positioning. The result? Well, real results.
Websites, blogs, and communities that some of us have never even heard of are making an impact on campaign results like never before. The industry can no longer afford to judge a site’s influence and popularity by outdated metrics like website traffic or banner impressions. Let’s rid ourselves of the knee jerk reaction to spend all of our time, effort, and budget on iVillage, Myspace, and Yahoo! and start incorporating sites like I’m An Organizing Junkie, hi5, and Just Jared into the mix.
Who’s with me?


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- Filed Under
LACASSINE - Louisiana Spirits LLC has announced Bayou Rum, the brand name for their soon-to-be released rum made from Louisiana sugar cane. The company has also announced that Republic National Distributing Company is the exclusive distribution partner for Louisiana.
"Louisiana was known as the Bayou State while growing up on Contraband Bayou," said Trey Litel, president of Louisiana Spirits. "Good memories inspired us to celebrate our state by naming our product Bayou Rum.
"When we tested the name in Louisiana and around the USA, it got great reviews. Consumers chose Bayou Rum because ...


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“When The Stillness Comes”, the first new song from SLAYER in nearly a year, can be streamed below. The track, accompanied by a live recording of “Black Magic”, from the band’s 1983 album “Show No Mercy” and recorded live at the 2014 Wacken Open Air festival, will be made available as part of Record Store Day on April 18. It will be released as a limited-edition (only 5000 copies worldwide), seven-inch vinyl picture disc exclusively at all participating independent record stores worldwide.
Regarding the lyrical inspiration for “When The Stillness Comes”, SLAYER guitarist Kerry King tells RollingStone.com: “We were touring Europe and we had a three-hour ride in some fucking minivan, and I’m just miserable in the backseat, not into anything. So I just started jotting down hateful thoughts. It’s about a dude who wakes up at a crime scene and realizes he’s killed everybody. It’s really cool.”


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The 29th China National Book Expo will be held in Xi’an, capital of northwest China’s Shaanxi Province, from July 27 to 30, according to a press conference held in Xi’an Tuesday.
Nearly 1,000 publishers from the Chinese mainland, as well as Hong Kong and Macao, will attend the book fair. Organisers will also invite publishers from a number of countries participating in the Belt and Road Initiative for attendance.
The book fair, jointly hosted by the National Press and Publication Administration and the local governments of Shaanxi and Xi’an, is expected to attract nearly 30,000 visitors and exhibitors.
The four-day expo will take place in five pavilions at an exhibition centre that covers around 50,000 square meters, with parallel sessions held in the cities of Yan’an and Tongchuan in Shaanxi.
A Series of activities, including Forums on Digital Publishing and Cooperation under the Belt & Road Initiative, will be held at the Fair.


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Nearshoring boosts foreign direct investment attraction
MEXICO – The Ministry of Economy announced that, during 2022, foreign direct investment was of US$35 billion, 12% more than in 2021 when there was an investment of US$31 billion.
According to the federal agency, there is a FDI record of US$5.5 billion, which correspond to transnational companies whose corporate group headquarters are located in Mexico and generate investment through their subsidiaries abroad.
The entities with the highest FDI in 2022 were: Mexico City: US$10 billion; Nuevo Leon: US$4 billion; Jalisco: US$2 billion; Baja California: US$1.8 billion; and Chihuahua: US$1.87 billion.
The amount of foreign direct investment places our country as a recipient of investments that were established in Asia and seek to approach the U.S. market, however, the trade war between the United States and China has caused companies to look at Mexico as an ideal place to settle. This relocation phenomenon, known as nearshoring, positions Mexico as one of the countries with the greatest opportunity and ease of doing business.
Another attractive factor for the arrival of investments is the T-MEC, which allows Mexico to join the North American economic bloc. Of the US$35,291 billion dollars received in 2022, 42% came from the United States (US$15 billion) and in second place from Canada (US$3 billion).
Among the greatest attractions for investment is manufacturing, mainly in the automotive sector, since 36% of FDI comprises the manufacture of auto parts, electrical generation and distribution equipment, as well as electronic components.
Luis Manuel Hernandez, national president of INDEX, pointed out that for this year, the arrival of US$11 billion of foreign investment from nearshoring is expected, of which US$3 billion will be in the manufacturing sector.
He pointed out that the joint agenda with the Ministry of Economy has resulted in the improvement of value chains and opens up opportunities to offer more and better products.
The National Council of the Export Manufacturing Industry (index) estimates that this year there will be growth in the sector of between 3 and 5% and foresees the creation of 60,000 new jobs.


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SUNNYVALE, Calif., Feb 25, 2010 (BUSINESS WIRE) — Palm, Inc. (NASDAQ:PALM) today indicated that it expects that revenues for the third quarter of fiscal year 2010 will be in the range of $285 million to $310 million on a GAAP basis and in the range of $300 million to $320 million on a non-GAAP basis.1 Revenues for the quarter and full year are being impacted by slower than expected consumer adoption of the company’s products that has resulted in lower than expected order volumes from carriers and the deferral of orders to future periods. Accordingly, Palm expects fiscal year 2010 revenues to be well below its previously forecasted range of $1.6 billion to $1.8 billion. The company will provide more detail on its financial results during Palm’s third-quarter financial results conference call currently scheduled for Thursday, March 18.
“Palm webOS is recognized as a groundbreaking platform that enables one of the best smartphone experiences available today, and our work to evolve the platform and bring industry-leading technology to market continues. However, driving broad consumer adoption of Palm products is taking longer than we anticipated,” said Jon Rubinstein, chairman and chief executive officer. “Our carrier partners remain committed, and we are working closely with them to increase awareness and drive sales of our differentiated Palm products.”
The Company expects to close its third fiscal quarter with a cash, cash equivalents and short-term investments balance in excess of $500 million.
This can’t be good news for Palm, who has been struggling over the last two years to transform their business both from a technology standpoint and a revenue standpoint. Over the last three years, Palm completely changed their management team, infused the company with a number of tech company A-list talent, and completely revamped their smartphone and mobile operating system software.
However, many people where critical of what was pent up demand for the original Palm Pre smartphone which when on sale with exclusive launch partner, Sprint, back on June 6, 2009. Many customers on Verizon, which only recently began selling the Pre Plus and Pixi Plus, and AT&T simply had no way of getting new Palm hardware except to jump carriers which has become an extremely costly proposition for customers in today’s depressed economy.
I personally believe that Palm took too long to bring the Pre to Verizon as the Pre Plus and that their six month exclusive agreement with Sprint went on too long. It didn’t help that the second Palm webOS smartphone, the Pixi, also started out life on Sprint as an exclusive. Customers on AT&T and T-Mobile still don’t have access to a branded Palm smartphone.
Lastly, Palm is fighting an uphill battle against white hot brands like the Apple iPhone 3G S, the Motorola Droid, and the BlackBerry Storm2. Palm is going to have to get more phones out to more carriers and into the hands of customers sooner rather than later. That means Palm should pick up the pack and get the distribution deal with AT&T in place and grow the regions around the world that have access to Palm’s products.
It looks like FY2011 is going to continue to be difficult for Palm. Palm’s stock closed the day at $6.53 with a number of investment firms changing their buy ratings to sell.


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Risk appetite dominates the events on Wall Street. Investors continue to rely on a robust economy and buy stocks – and do not let the latest comments of US Federal Reserve Banks be misled. The Fed meeting left the US stock market cold mid-week. According to observers, statements by central bankers led by President Janet Yellen contained hardly anything new, so that price reactions were within manageable limits.
The Dow Jones Index rose 0.25 percent to 23435.01 points. It had previously reached a record high in early trading, as did the market-wide S & P 500 and the technology- heavy Nasdaq 100. After the October rally, more and more market players now expect a rally at the end of the year.
The US Federal Reserve has not changed its key interest rate, but keeps open the possibility of an increase in December. Comments from the Fed itself and comments by analysts suggest that. The interest rate decision of Wednesday was in the shadow of the leadership debate anyway. It is still unclear who will lead the most powerful central bank in the world from next year. US President Donald Trump is expected to provide more clarity on Thursday.
The S & P 500 gained 0.16 percent to 2579.36 points. The Nasdaq-100, which had risen to record highs for three consecutive days, closed the month unchanged at 6248.65 points. On a monthly basis, US stocks show strong growth. For October, the S & P500 and Dow Jones grew by 2.2% and 4.3%, respectively. They received a great boost from strong corporate results. By Wednesday morning, 73% of reported companies had exceeded their revenue expectations and 67% had exceeded sales expectations by Thomson Reuters.
Among the individual stocks, the shares of the cosmetics group Estee Lauder added more than 9.22 percent to a record high. Especially with a view to a strong expansion in China, the company had raised its sales and profit targets this year.
Envision Healthcare reported a record 34.2% decline in its share value due to weaker-than-expected results. Steel maker US Steel and navigation expert Garmin also reported numbers that were stronger than expected.
Boom in the auto industry
Price gains shaped the automotive industry. At Ford, the sales increase in October was significantly higher than expected. The papers of the car maker increased by 0.69 percent. In contrast, Fiat Chrysler had sold fewer cars in October than expected. However, that did not weigh on the price, which rose by 1.33 percent. Also at General Motors sales remained below expectations. The course nevertheless increased slightly.
At Apple, investors took a day before the numbers of the iPhone maker for the third quarter gains. The stock was at the bottom of the Dow Jones Index at 1.27 percent. Previously, however, it had risen on three trading days by more than 7 percent again and again to record highs.