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Rassini sales hike 13% amid strong demand of light trucks in the NAFTA region
Rassini, S.A.B. de C.V., a Mexican developer and manufacturer of suspension and brake components for the automotive industry, reported third quarter sales of 4,224 million Mexican pesos (MXN), around US$ 220.7 million, and total net revenue of MXN 13,593 million (US$ 710.2 million) in the first nine months of 2017, meaning growths of 1% and 13% respectively, amid increased demand for its products, market share gains for brake and suspension components and the start of production on new contracts awarded in previous years.
Net income, however, decreased 2% to US$ 62.85 million in the first nine months of 2017, and 13% to US$ 17 million during the third quarter, according to its unaudited financial results.
The company supplied a temporary extraordinary contract during 2016 and the first half of 2017, excluding it from the base, the consolidated sales growth would have been 19% for the first nine months and 9% for the third quarter of 2017 compared to the same periods of 2016.
Rassini’s sales distribution between the two auto markets in which it operates is 90% in North America and 10% in Brazil. As of the end of the first nine months of 2017, suspension components represented 69% of product sales, while brakes comprised the remaining 31%.
The auto supplier saw a 11% rise in total NAFTA sales during the first nine months, driven by a favorable product mix, continued strength in the automotive industry, as well as increases in new contracts within the Suspensions and Brakes divisions.
Volume in the NAFTA region reflects an increase of 5% in the Brakes Division and 6% in the Suspension Division, which excludes the extraordinary contract. This growth was supported by the consumer demand of light trucks and the launch of new business contracts in both segments.
Focused on innovation to meet the evolving demands of the industry, Rassini currently develops a new leaf spring which will reduce the spring’s weight between 50% to 60%. The program is expected to be completed by 2021, but the company has already achieved a 30% weight reduction in the leaf spring which will be equipped in the next generation of pickup trucks.
– Mexican manufacturer Rassini to supply brakes for sixth-generation Ford Mustang
– Rassini’s net income up 19% in second quarter
– Mexican manufacturer Rassini will supply brakes for new Audi plant


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Joe’s Jeans Inc. has agreed to pay creative director Joe Dahan $9.2 million in place of earn-out allowances tied to the company’s gross profit.
The sum will be divided into weekly installments stretched over a 33-month period ending in November 2015. It replaces a provision dating back to the 2007 acquisition of Dahan’s company, JD Holdings Inc., by a subsidiary of Joe’s under which Dahan received a percentage of the company’s gross profit over a 10-year period.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)

domain: news


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Warner Bros. Discovery, the media colossus formed this year by the fusion of the parent companies of HBO and Animal Planet, said in its first earnings report as a public company that it had 92.1 million subscribers for its streaming services, which include HBO Max and Discovery+.
The announcement was made before an investor conference call on Thursday, during which executives at Warner Bros. Discovery are expected to provide Wall Street with an update on the company’s plans for its combined video-streaming service.
Warner Bros. Discovery has major challenges ahead. The company was saddled with $55 billion in debt when it went public in April, the result of a spinoff that combined AT&T’s WarnerMedia division with Discovery. The chief executive, David Zaslav, is facing pressure to pay down that debt while competing with giants like Netflix and Disney in the costly streaming wars.
The company is also facing expectations from Wall Street to cut costs. Warner Bros. Discovery has said it will find about $3 billion in savings between the two companies, a corporate imperative that will result in layoffs for overlapping business functions.
Mr. Zaslav and his lieutenants have already done some work on that front. In April, one of their first moves was to shut down the CNN+ streaming service, a moonshot subscription product that was promoted as the network’s bridge to the future. Mr. Zaslav has told Wall Street that he doesn’t expect Warner Bros. Discovery to win “the spending war,” signaling a more disciplined approach to the pricey streaming business.
The Race to Rule Streaming TV
- Turmoil at Netflix: Despite a loss of subscribers, job cuts and a steep stock drop, the streaming giant has said it is staying the course.
- An Expensive Gamble: Netflix hopes “The Gray Man” — its new $200 million action movie — can be the start of a blockbuster franchise that attracts much-needed subscribers.
- Live Sports: Apple and Amazon are eager to expand their streaming audiences. They increasingly see live sports as a way to do it.
- End of an Era?: The golden age of streaming might be over, and we probably won’t like what happens next, our tech columnist writes.
In the months before Discovery took control of Warner Bros. and HBO, Mr. Zaslav went on a roadshow of a sort in Hollywood. His message seemed designed to reassure a skeptical movie industry: We may be reality-television people, but we love theaters and have deep respect for your unique, time-honored culture, including catering to talent.
Since the deal closed, however, Mr. Zaslav and his lieutenants have revealed that such talk goes only so far. This week, they junked a nearly finished film, “Batgirl,” which cost $90 million to make and was headed to HBO Max. The move alienated the movie’s up-and-coming filmmakers and star, but Discovery decided that a write-off — taking a tax credit — was the most financially prudent route.
It is almost unheard-of in the movie business for nearly finished work to be thrown away, never to be seen anywhere, prompting a question in the talent community: If I sign up for a Warner Bros. movie, might the same thing happen to me?
During the call with investors, Mr. Zaslav said the company would focus on attracting top-tier storytellers for its TV and film businesses and curating the best possible shows and movies for its streaming services.
“It’s not about how much,” Mr. Zaslav said. “It’s about how good.”
Mr. Zaslav also said the company was planning to start a free, advertising-supported video service to complement its existing streaming options.
Warner Bros. Discovery began its life at a tumultuous time for the media industry. The company’s stock has fallen about 30 percent from its initial price of about $24, as investors have become more skeptical of video streaming businesses and the advertising market has tightened up. Netflix’s stock is down about 36 percent during the same period, while Paramount’s stock has fallen about 30 percent. The S&P 500, an index of the largest publicly traded companies, is down about 8 percent.


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Gigi Hadid is busy living it up and looking good at Coachella. In a recent Instagram post that’s inspiring envy among her 39 million followers, the model revealed that she got to watch Cardi B perform at the festival, and she had time to grab a hot dog before the show. She also managed to pull off a revealing outfit that was the perfect marriage of style and comfort.
While Gigi Hadid was waiting for Cardi B to take the stage at Coachella, she shared an Instagram snapshot of her festival look. In the image, Gigi is rocking a pair of high-waisted cropped jeans and a tiny nude crop-top, which InStyle has identified as an $80 Siempre Golden Pali Top. Her pants are rolled up at the bottom, and she’s wearing a pair of comfortable black trainers on her feet. According to Footwear News, her shoes are Acne Studios Manhattan sneakers. Her accessories include numerous thin gold chains around her neck, a body chain, colorful fabric bracelets, and a snakeskin belt that accentuates her wasp-thin waist.
“Pre-cardi lunchin,” Gigi captioned her photo.
Gigi Hadid clearly is no diva; she had no problem sitting down on the grass and eating her lunch off the ground. Her meal included a hot dog smothered with mustard and ketchup, which she washed down with a cup of lemonade. So far, the photo has garnered 3.5 million likes.
Gigi’s unique ability to eat junk food and maintain such a slim physique might make many women jealous. However, the in-demand 22-year-old who has modeled for Victoria’s Secret and the Sports Illustrated Swimsuit Issue recently admitted that she doesn’t like the way her body currently looks. Her close friend Blake Lively interviewed her for the May issue of Harper’s Bazaar, and the gal pals’ lighthearted gab eventually turned into a more serious conversation about the pressure on models to look a certain way.
According to Gigi Hadid, it wasn’t the modeling industry’s emphasis on thinness that was making her feel insecure; it was her fans’ accusations that she “gave in” to what the industry wants by losing weight. However, she explained that she’s not thinner now because she wants to be. Gigi suffers from an autoimmune condition called Hashimoto’s disease, and she’s had to alter her diet because of it.
Gigi confessed that she misses her curves. However, she also had a body-positive message to share for young women of all shapes and sizes.
“If I could choose, I would have my a** back and I would have the t*ts I had a few years ago,” Gigi said. “But, honestly, we can’t look back with regret. I loved my body then, and I love my body now. Whoever is reading this, I want you to realize that three years from now you will look back at a picture from this time period and be like: ‘Wow, I was so hot. Why did I feel so bad about myself because of some stupid thing someone said?'”


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What women don't want: Fears for 'chick lit' as sales figures plunge
A chick lit book or two used to be just as much a summer holiday essential as suncream.
But you are now about as likely to see women cracking the spines on books from the Millenium thriller trilogy or the Twilight series as you are to see them enjoying a novel emblazoned with pink cupcakes and stilettos.
It seems women have tired of predictable relationship dramas and are searching for something less frothy.
Had their time? Bridget Jones' Diary was one of the original chick lit novels, but sales of the genre have fallen dramatically this year
Frothy: Candace Bushnell's Sex and the City, which started life as a novel, is another important example of the ailing genre
Sales of the most recent mass market paperbacks from women's fiction writers are down an average 10 per cent from their previous novels, according to industry magazine The Bookseller.
But those whose books fit into the chick lit category have fared much worse.
Jodi Picoult, whose family drama novels tend to focus on characters with dramatic illnesses, saw her latest book, Harvesting the Heart sell just 120,235 copies in its first two months. Her novel Picture Perfect last year sold 238,932 copies over the same period. That is a fall of almost 50 per cent.
Irish novelist Marian Keyes has suffered similarly dwindling sales. The Brightest Star in the Sky, has sold just over 262,000 copies since February - down 42 per cent from Keyes' previous novel This Charming Man.
Veronica Henry has fared the worst. Sales of The Birthday Party are 70 per cent lower than sales of last year's The Beach Hut.
But some novelists are bucking the trend. Tasmina Perry's Kiss Heaven Goodbye has seen sales double since changing publishers, moving from Harper to Headline.
Change in fortunes: Sales of Jodi Picoult's (left) books have halved, but Tasmina Perry's book sales have doubled
There are many theories that could explain the fall in chick lit sales.
A simple change in preferences would clearly be the most obvious, as readers turn to thrillers or more literary options rather than pink-covered romantic novels.
But the real reason is likely to be a little more complicated.
CHICK LIT FACT BOX
- Chick lit is a label given to books, traditionally read by women, where the heroine's relationship with her family or friends is often just as important as her romantic relationships
- The term first appeared in print in 1988 as college slang for a course titled 'female literary tradition'
- Works including Helen Fielding's Bridget Jones's Diary and Candace Bushnell's Sex and the City are two of the most famous examples of the genre
The dramatic rise in the sales of e-books has changed the way the publishing world operates in all sorts of unanticipated ways, including the fact that chick lit readers do not seem to want to download books.
Transworld's sales director, Martin Higgins, told The Bookseller: 'Women's fiction has really struggled recently and many authors are significantly down across the spectrum. But that wouldn't necessarily be reflected if you looked at the e-book charts, which is mainly filled with crime and thriller titles.'
Supermarkets, which are heavily relied on to sell light-hearted books, have also reduced their demand because of a fall in sales.
Mr Higgins added: 'The price of food is going up and women's fiction is predominantly sold in the supermarket sector and if the average basket spend has gone up, something has to give.'
The rise of the TV book club has also encouraged women to be more adventurous with the genre they choose to read and to 'read up'.
So is this the end of chick lit? Well, the genre will continue to exist while it still has readers - but it might be rebranded.
Isobel Akenhead, senior editor in women's fiction and digital at Hodder & Stoughton, thinks the books should be called 'relationship fiction'.
While Kathy Lette, who claims to have invented the genre 22 years ago, thinks the 'Mills & Boon with Wonderbras' books that have flooded the market now deserve an altogether ruder name.
CHICK LIT AUTHORS: The winners and the losers
Sales of her novel, Kiss Heaven Goodbye, have increased by 100% since she changed publishers from Harpers to Headline
Her novel, You Don't Have To Say You Love Me, has also seen its sales double since moving from Headline to Transworld
sales of The Birthday Party are down 70 per cent on last year's The Beach Hut
Harvesting the Heart is selling half as many copies as Picoult's last novel
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From InfoWorld: Google will add scripting capabilities to Google Docs, allowing organizations to customize its online applications and automate tasks, the company said Wednesday.
Google plans to sign up about 1,000 customers over the next few weeks to test the feature, called Google Apps Script. It isn't saying yet when Apps Script will be widely available. Google Docs users can apply here to try it out.
It will be tested initially in Google Spreadsheets and extended to other Google Docs applications over time, said Jonathan Rochelle, product manager for Google Docs, in a press briefing at the Google I/O conference.
The scripting will allow organizations to build custom functions in spreadsheets, like translating figures from inches to millimeters, or translating text from one language to another. It will also enable applications to be linked together, allowing a user to send an email from within a spreadsheet, for example, or access a calendar from a list of addresses.
View: Article @ Source Site


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Another day, another plunge in Facebook (NASDAQ:FB).
Facebook continued its ongoing slide Tuesday, its third day of trading. After an initial dip after the bell, shares recovered by midday, then reversed course yet again to log a 9% loss, which means FB shares have shed more than a quarter of their opening-day value.
The Dow Jones Industrial Average and Nasdaq were unable to sustain the momentum from Monday’s rally as investors couldn’t quite shrug off a downgrade of Japanese debt, losing steam after early gains. The Dow finished flat at 12,502 and the Nasdaq dropped 0.3% to 2,839. The S&P 500 managed a slight gain to 1,316, however.
Investors were encouraged early as a National Association of Realtors report showed existing home sales surged to a two-year high. Existing home sales rose 3.4% in April to an annual rate of 4.62 million, up 10% year-over-year and the highest rate since May 2010. Home affordability also came in at record levels. However, Fitch Ratings Service downgraded Japan, the world’s No. 3 economy, and suggested further downgrades could be coming, throwing a damper on the U.S. good news.
Best Buy, which recently lost its CEO to scandal and has been closing stores, reported solid earnings and also reaffirmed its profit guidance of $3.50 to $3.80 a share, vs. analyst expectataions for $3.58. BBY shares gained just more than 1%.
Williams-Sonoma’s earnings surprised to the upside, and it also confirmed full-year earnings guidance, sending shares up 3.3% on the day. Ralph Lauren reported solid earnings growth and announced a doubling of its dividend, but did warn of a slower Q2. Still, investors focused on the good, sending shares up 2.7%.
Despite finishing flat, the Dow had several strong performances among its components. JPMorgan Chase (NYSE:JPM) finally came out of its corner after a standing eight count, sporting a nearly 5% gain. Sectormate Bank of America (NYSE:BAC) also picked up more than 2%. Wal-Mart (NYSE:WMT) continued a strong run, hitting a 10-year high of $63.95.
After the bell, Dell (NASDAQ:DELL) announced disappointing first-quarter earnings and a Q2 estimate that fell short of analyst estimates. Consumers and businesses held off on buying personal computers, and the company continued to focus on profit margins instead of sales growth. DELL shares were down 10% in early after-hours trading.
- Ariba (NASDAQ:ARBA): Up 19.2% ($7.23) to $44.87.
- Radian Group (NYSE:RDN): Up 9.2% (22 cents) to $2.61.
- Urban Outfitters (NASDAQ:URBN): Up 7.4% ($1.94) to $28.10.
- Arch Coal (NYSE:ACI): Down 7.4% (57 cents) to $7.15.
- Cree (NASDAQ:CREE): Down 6.5% ($1.89) to $27.20.
- Netflix (NASDAQ:NFLX): down 5.6% ($4.03) to $67.71.
Marc Bastow is an Assistant Editor at InvestorPlace.com. As of this writing he did not hold a position in any of the aforementioned securities.


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Brussels – The 20th International School on Indirect Taxation has extended its registration deadline until the 22nd of September.
The conference will be held in Brussels, Belgium from 30 September to 4 October 2019 and is organised by the VAT Forum, an international partnership of indirect tax specialists.
It will be addressed by an array of renowned European VAT experts, including Chelco VAT Ltd Managing Director, Alexis Tsielepis, who will deliver a full-day seminar on the reasoning of the EU VAT Directive as well as a series of workshops.
Other seminar topics include VAT considerations in Distributed Ledger Technology, the new VAT rules for taxation of trade between Member states 2020 and an in-depth analysis of selected ECJ cases. Workshops will deal with such issues as electronic invoicing, drop shipments, supply with installation, proof of B2B supply of services, holding companies and VAT, invoices showing undue VAT, transfer pricing, logistics services, recharging expenses, the new VAT rules on vouchers and much more.
The School is designed for people who already have experience in international VAT and have sufficient knowledge of their national VAT system.
Its aim is to provide a forum for people who are responsible for international VAT within a company or group of companies.
At the event, participants can meet and talk to VAT experts from different European countries and other people responsible for VAT in major companies.
For more information and to take advantage of the registration extension, you may download the event’s brochure here.


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Lincolnshire Co-op has launched a programme of community support during the coronavirus outbreak to help vulnerable members of the community, as well as NHS staff.
Several initiatives have been developed to support those who need it most:
Community support groups
Lincolnshire Co-op food stores and pharmacies across the county have paired up with local community groups which are supporting the most vulnerable during the coronavirus crisis.
Thanks to help from the Lincolnshire Resilience Forum and Volunteer Co-ordination Cell, Lincolnshire Co-op has linked each of its food stores and pharmacies to a dedicated community group so that its members can be given a pass to pick up essential groceries or prescriptions and take them to isolated people in the area. In total more than 100 groups have benefited from this service.
Shopping vouchers scheme
During the coronavirus outbreak Lincolnshire Co-op has also launched a shopping vouchers scheme to enable volunteers, as well as friends or family to pay for the shopping of those who are isolating.
The vouchers, which are first ordered over the phone, are then sent out by recorded first-class post and delivered to a chosen address. They can then be used as payment in Lincolnshire Co-op food stores, allowing those who are self-isolating and need essentials picked up to nominate someone to buy the shopping on their behalf.
The voucher scheme avoids people having to hand over a bank card or physical cash to someone else.
NHS fundraising campaign
To show its appreciation for NHS workers, Lincolnshire Co-op also launched a campaign to raise funds for local NHS charities. A rainbow-themed day was recently held across all its stores which alone raised over £3,000.
More money was added to the pot through fundraising in stores, an online quiz supported by Lincs FM and the Lincolnite and generous donations from customers and colleagues. The final amount raised came to £17,808.
The money raised has been donated to: United Lincolnshire Hospitals NHS Trust Charitable Funds, The Health Tree Foundation (Northern Lincolnshire and Goole), Sherwood Forest Hospitals Charity, Queen Elizabeth Hospital Trust (Kings Lynn) and York Hospitals Trust and the Wish Foundation in Hull.
Lincolnshire Co-op has also donated 4,944 packs of wipes to the United Lincolnshire Hospitals Trust.
Lincolnshire Co-op Community Manager Sam Turner said: “The coronavirus pandemic quickly started to impact our communities – and it’s thanks to working together that we’ve been able to care for the health and wellbeing of those who need it most.
“Like everyone else in the country, we’re incredibly proud of our NHS and want to show all the workers how much we appreciate them. That’s why we launched a campaign to raise funds for our local NHS charities and we were overwhelmed by the amount already raised.”
Supporting vulnerable people
Until September this year, the Society is also using its Community Champions scheme to support charities which have seen a huge increase in the demand for their services as a result of the pandemic.
This includes raising funds for mental health charities and groups supporting victims of domestic abuse. The money raised will go towards different services such as helplines, therapy sessions, crisis cafes and community hubs.
Foodbanks in stores
From cereal packets to tins of tuna, Lincolnshire Co-op is encouraging people to donate a variety of food in a bid to boost the reserves of local food banks and community larders which are tackling hunger.
Collection bins can be found in each one of Lincolnshire Co-op’s food stores, giving generous shoppers an easy and convenient place to drop off a donation.


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The first locomotive produced in cooperation with TÜLOMSAŞ-General Electric (GE) was realized with the participation of representatives from all over the world at the InnoTrans-International Railway Fair in Berlin, Germany between 18-21 and September 2012.
TCDD General Manager Mr. Süleyman KARAMAN, TÜLOMSAŞ General Manager Mr. Hayri AVCI, ESO President Mr. Savaş ÖZAYDEMİR and many press members and many participants from our country participated in the presentation. The publicity and information meeting held by GE and TÜLOMSAŞ officials attracted much attention, the locomotive was highly appreciated and it was defined as the surprise of the fair.
In addition, TCDD General Manager Süleyman Karaman explained his appreciation for saying that the locomotive is very much appreciated.
TÜLOMSAŞ has extensive manufacturing experience and expertise in the region and has completed the manufacturing of 1 PowerHaul series locomotives for export to Europe under the Strategic Partnership Agreement with the world's leading locomotive manufacturer General Electric (GE).
In the production process of the locomotive in TÜLOMSAŞ;
q The locomotive is manufactured by Turkish engineers / workers and with the contribution of GE technical staff.
q 46 The supply of materials and semi-finished products has been made from the domestic company under the main title of 135.
q This project has been the source of employment and employment for our country as well as its real contribution to the national economy.
q Our suppliers have undergone the NCI-Supplier Assessment Process implemented by GE. (These companies also become GE's supplier)
This new generation of locomotives with diesel electric technology which only TULOMSAS 't be produced and in Europe, North Africa, Middle East countries and Turkey has a structure that can work well.
Technical characteristics of these locomotives produced in our company and presented to the world market;
ü European Platform PowerHaul series Locomotives 3700 HP power,
ü It is AC / AC type with double cabins.
ü Less than 10% 33 compared to competitors
ü High maintenance reliability and long service intervals,
9 with lower fuel consumption than its competitors,
ü Maintenance times are long locomotives.
Mr. Hayri AVCI, our General Manager, said the following:
Ayı In accordance with the 2005 Vision within the ten-year TÜLOMSAŞ Development Program we have prepared in 2015, TÜLOMSAŞ, which aims to open up to Global Markets with a world brand company, has started to take the fruits of the works carried out within this scope.
Our company is acting in line with this vision; has decided to make a strategic partnership agreement with GE company, which is the world leader in its sector, for the joint production of the first PowerHaul series locomotives designed for the region in TÜLOMSAŞ facilities. We can say with pride that the success story of the locomotive presented to the market today has begun in this way. Gur
HUNTER; Diesel, the world leader in electric locomotives, said that GE's superior technology combined with TULOMSAS's capabilities and capabilities is an indicator that TULOMSAS has become a productive, profitable and competitive organization for the market at the same time.
HUNTER; He also stated that the Strategic Partnership made with GE is beneficial for both companies, and that TULOMSAS strengthens its image by the end of 2015.
The project, which will provide a significant economic added value to our city and our country, is also aimed to be an important item in exportation of the products of the railway vehicle industry as a result of these studies.
As it is known, we are honored to share a new success story of TÜLOMSAŞ which is the source of pride for our city and our country with its respectable public.


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Kansas City, Missouri - NameHero is proud to announce they will begin accepting multiple forms of Crypto Currency, including Bitcoin (BTC), Bitcoin Cash (BCH), LiteCoin (LTC), and Ethereum (ETH), for their high-speed cloud Web Hosting packages and Domain Registrations. NameHero was one of the first web hosting companies to begin accepting Bitcoin in 2015 and have seen a huge spike in crypto-based transactions since.
"I love Crypto Currency! I've supported the Blockchain project since 2011 and feel like it's going to play a huge role in online commerce moving forward," said NameHero's CEO Ryan Gray. "The Blockchain gives us the power to immediately verify orders and process transactions without expensive processing fees or International currency conversion. Since 2015 we've accepted thousands of Bitcoin transactions and have had multiple requests to add other Cryptos."
NameHero has partnered with Coinbase's new Commerce platform that allows Instant Payment Notifications streamlining the process. Customers have the ability to use any BTC, BCH, LTC, or ETH wallet to send their payment with the rate locked in for one hour. Customers also have the opportunity to "add funds" to their account using Crypto where the funds will be used to pay any future invoices.
"Today is a great day for NameHero and the entire Web Hosting industry," Gray added "Crypto currency has a bright future and we're delighted to help move forward with it in our organization."
Since 2015 NameHero has became an emerging company in the Web Hosting industry now powering over 20,000 websites from across the globe. NameHero is known for their affordable high-speed cloud, feature rich Reseller Hosting packages, and 10/10 customer service and satisfaction. They were rated number 1 in customer service from an independent study in 2017. You can learn more on their About Us section of their website.
How To Use Crypto Currency
NameHero's CEO has filmed a video tutorial where he demonstrates a Crypto Currency transaction:


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Inside the Gateway to Cocaine in Europe: “A repeat of Miami in the 80s”
ANTWERP, Belgium — For centuries, goods passing through the giant port have enriched this elegant city, known for its diamonds, art and fashion.
Now another import from across the Atlantic – cocaine – has sparked an influx of money which officials say is flooding Antwerp with corruption, violence and economic distortions.
Authorities seized 88 tonnes of cocaine hidden in containers from Latin America this year, nearly 10 times the figure for 2014. This is far more than any other European port, as traffickers flood the continent with so much. of cocaine that it may now be a larger market than the United States, according to the Drug Enforcement Administration.
The resulting injection of cash distorted the city’s economy and strained society. Police, customs officials and a hospital worker were arrested for providing information to cocaine trafficking networks through encrypted applications. Reputable traffickers hire supercars for hundreds of dollars a day and recruit young people with quick cash-flowing looks and flashy lifestyles. Legitimate businesses find it difficult to compete with criminal front businesses that can tolerate large losses.
“It’s a drug economy,” said Kevin Daniels, DEA deputy head of Europe. “It’s a repeat of Miami in the 1980s.”
Antwerp and Rotterdam in the Netherlands, the two largest ports in Europe, are now the main gateway for cocaine to the continent, according to a joint report by the United Nations Office on Drugs and Crime and Europol, the police agency of the European Union. Authorities seized less than 10 tonnes in Antwerp in 2014, according to the September report.
Gangs capable of bringing cocaine to land through their connections in ports, many of which are of Moroccan or Albanian origin, have taken power in recent years. The cocaine seized by police this year was worth a few billion euros overall, and likely many more went undetected, officials said.
The influx sparked a wave of gang violence. Restaurants and homes were hit by grenades and gunfire. The message of such attacks may be a warning to rival gangs, pressure on a port official to help a gang, or a devious method to undermine rivals by alerting police that cafe owners may be linked to trafficking. drug.
The liquidity tsunami is distorting Antwerp’s economy, officials say, pushing up prices for real estate and existing businesses.
“Bad money drives out good money,” said Antwerp Mayor Bart De Wever. “They will drive out decent people.”
Some companies have a habit of laundering money, from restaurants to luxury car dealerships. Far more prevalent and pernicious are companies that undermine and disrupt the legal economy, said Yve Driesen, director of the Federal Judicial Police in Antwerp.
Drug traffickers buy restaurants or shops to give the impression that their fortune comes from the legal trade. Shell companies also use legal activities to hide their work related to illegal drugs. For example, a transport company that extracts cocaine from sea containers could also perform legal transport on behalf of multinationals.
“They will win contracts because their prices are lower than their competitors,” said Mr. Driesen.
Other companies have sprung up to serve criminals. Cryptic phone dealers depend on drug gangs who are the only ones who can afford contracts that can cost thousands of dollars a year, officials say. Companies rent luxury cars for the equivalent of $ 1,000 a day and more.
“They can only exist and prosper with the money of local drug criminals,” said Driesen.
To get their drugs through the port, traffickers pay port workers multiples of their monthly wages to move containers for surreptitious unloading, soldering customs officials to help them evade inspections, and prosecutors and police, including senior officers, to avoid the law, officials said. .
“Every layer of society is infected,” said Mayor De Wever.
The highs are pretty easy to miss if you’re not careful, he said, especially for those who live in the wealthier south of town.
Money is pouring into poorer areas with large immigrant populations in the north of the city, where many criminals come from. Criminal gangs donate money to causes, such as youth football teams, to boost their reputations, officials say.
Gangsters can then rely on teens to watch cop license plates or swarm the police to obstruct drug-related arrests. Attracted by the criminal environment, they can work their way up the food chain and earn thousands of dollars as smugglers of small bags of cocaine for gang members riding in fancy cars and wearing expensive costumes.
“It’s not a positive model,” said Mr. Driesen.
The authorities are trying to retaliate, by pooling resources and information between police, prosecutors, customs and other services. Law enforcement and town hall use various powers to shut down restaurants linked to the cocaine money. Associations of port and dockworkers have launched an awareness campaign and a hotline to anonymously report suspicious behavior.
Earlier this year, police infiltrated an encrypted messaging system, downloading around a billion messages that led to hundreds of arrests and sparked many additional investigations, dealing a heavy blow to the gangs here. But officials admit they are fighting a relentless enemy.
“In a few months, other people will take their place, but the experience helps us to develop new strategies”, said Franky De Keyzer, Attorney General of Antwerp. “It’s still a bit of a cat-and-mouse game.”
Write to James Marson at [email protected]
Copyright © 2021 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8


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Though customer satisfaction could be higher certainly one of people who apply for finance myself in lieu of online otherwise of the cellular phone, one or two online loan providers is actually defying so it norm. You to, Marcus by Goldman Sachs, rose to the top away from J.D. Power’s recent ranks of individual loan providers. Various other, Upstart, came in 7th of twenty-two (this new ranking shows solely those consumers who acknowledge Upstart once the lender). American Show, hence ranked third, and additionally appears to be bringing a fulfillment boost out-of today’s technology.
“That within the-person capacity to ask questions, probe, understand the you need, and work out guidance resonates having customers,” told you Craig Martin, controlling director and you can globally direct off wealth and you can credit cleverness in the J.
D. Stamina, outlining the entire preference having peoples financing officers
J.D. Power’s 2022 U.S. Consumer Lending Satisfaction Study reported that personal loans were “filling the void left by pandemic-era relief efforts,” with customers gravitating toward the competitive rates, easy access and variety of options; a July study from the company found they were most commonly used to pay off debt and to supplement income due to lost wages. At credit unions, unsecured lending grew 13% in the first six months of 2022, compared to online loans Michigan state 0% annual growth in the first six months of 2021, based on CUNA Mutual Group.
Experian learned that what number of consumer loan profile has increased of the sixteen% for the past season, while TransUnion advertised into the August that number of consumers which have credit cards and personal finance attained list levels from the second one-fourth away from 2022
A glance at how top-creating electronic lenders efforts are helpful so you can financial and you may nonbank loan providers the same. For instance, lenders into the happiest consumers tend to fool around with fake cleverness and server teaching themselves to speed up techniques. They supply on line applications that prioritize exactly what users love extremely, particularly measurements of financing and you will monthly payment, in the place of requesting customer information right off the bat.
Martin says a good J.D. Stamina colleague tried to take out a personal loan from the his local financial and you may was put-off as he is advised in order to go online otherwise create a consultation.
“The guy visited Marcus and it try simple, timely, and you will easy,” told you elizabeth right back having realize-upwards telecommunications regarding whenever their commission is actually due.”
Ilya Gaysinskiy, internationally direct out-of technologies having Goldman Sachs’ consumer company and you can head of one’s user and you can wealth management platform, chalks up customer happiness for some aspects, that being the type of the applying.
“I performed a lot of search to figure out what resonates probably the most,” told you Gaysinskiy. Like, the bank found that customers wish to know just how much it will pay per month. Sign-up starts of the asking candidates to select the sized the brand new mortgage he could be wanting and approximate monthly payment they try concentrating on. It goes in personal data particularly title and you can annual income.
“We look at it out of a customers-centric perspective, otherwise what they are seeking reach, in place of all the info we have to get the loan accepted,” said Gaysinskiy.
Several other is the call center, that’s staffed after all era. The latest agents make an effort to answer most of the consumers in this half a minute.
“One to will continue to generate believe,” said Gaysinskiy. “Similarly, discover a modern electronic experience. On the other side, you’ve got the comfort one a human is an excellent name away.”
Late-commission rates is actually ascending at the nonbanks one to lend to the people having down credit ratings. “We are most likely entering a stretch where you are planning to get a hold of a good separation between those who is actually apparently a good underwriters and those that commonly,” that specialist said.
“Upstart works really to your app acceptance processes, as well as how quickly they rating individuals acknowledged,” said Martin. Consumers which have straight down borrowing from the bank can get expect a rigorous software opinion that have far more necessary documentation, however, faster feel you to definitely exceeds consumer requirement.
Michael Lock, elderly vp regarding financing partnerships at Upstart, states it takes typically five minutes accomplish new application and every candidate gets a simple borrowing choice. The guy together with says that 73% off finance are instantly approved and you will totally automatic versus people that have to transmit in papers.
Secure credits the device reading designs Upstart has honed for about 7 years. Just as much as three-household of the decision is generated having fun with antique borrowing data, however, Secure claims Upstart digs strong towards the credit scoring data, “not only brand new fund I’ve and also the commission background,” the guy said. “Old-fashioned habits view a highly quick subset of data into the credit documents.” Several other one-fourth from Upstart’s borrowing from the bank choice hinges on choice investigation, including the applicant’s degree height and you can profession, and also make forecasts in the employability.
“There have been particular controversy more than united states utilizing the training grounds – ‘you would like to provide to the people who went to Harvard and you will Duke’ – although design discusses average income amounts of a leaving pupil,” or previous grad, said Lock.
The organization has also been using fake cleverness and servers discovering during the last several years to confirm specific details to lessen the responsibility into the users to back up their assertions which have records eg W-2s. Broadly, Upstart brings out of third-cluster database to ensure you to definitely, eg, new annual income a nursing assistant when you look at the Oklahoma comes into on the app is in line as to what 3rd-party source create an equivalent occupations and you can venue.
“Of the connecting to databases, we can do this actual-big date verification into the 73% out-of days,” said Lock. Towards twenty seven% regarding loans that can’t getting verified digitally, Upstart likes digital-send ways of uploading documentation, particularly asking brand new applicant for taking a picture of an excellent document employing mobile rather than chatting with an excellent PDF.
American Show, that produces its signature loans available to individual cardholders only, lets customers identify pre-approval by logging to their profile. Most cardholders know if he could be acknowledged within minutes, told you Kristen McGinnis, vice-president regarding You.S. personal loans during the American Display. The firm also pre-populates software.
“Western Share keeps a base up as they understand customer, see their needs and can reputation a deal appropriately considering practices and you can designs of the customer,” said Martin.


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- Sri Lanka claims it can replicate the successes of El Salvador and Estonia in adopting the latest technology to transform the country
- Draper arrived in SL to interact with key government stakeholders, including President Ranil Wickleminghe and the local startup ecosystem.
Billionaire venture capitalist Tim Draper believes Sri Lanka will adopt Bitcoin as its currency while at the same time enabling cross-industry adoption of artificial intelligence (AI) through 5G, making the country a global entrepreneurial hub. We propose to position it as a paradise.
“My advice to Sri Lanka is that you who have been cornered by the media must repaint yourself as a place of entrepreneurship and technology. It was to think in terms of attracting entrepreneurs to the country. How do you attract entrepreneurs to the country? If you have 5G everywhere, you have bitcoin as your currency, and you are specialized in AI, governments will start saying that they will start using AI everywhere, and by digitizing a digitized country, Transform., Honest.
Amazing things can happen,” he said. He joined his discussion Tuesday night in Colombo on a panel titled “From Troubled Nation to Startup Nation,” hosted by his space, startup his incubator and accelerator Hatch, an award-winning Sri Lankan co-working. I participated and made these remarks. Hatch has entered into a strategic partnership with He Draper Startup House, a global network of connected spaces for entrepreneurial resources.
As part of the partnership, Draper arrived in Sri Lanka and engaged with key government stakeholders, including President Ranil Wickremesinghe and the local startup ecosystem. Draper argued that Sri Lanka could replicate the success of El Salvador and Estonia in adopting the latest technology to transform the country.
“It will change every industry in the world. Why not take the lead and say we are the land of AI. We are the land of making it easy for everyone.
Then you will charm everyone. El Salvador was not a country of particular interest to anyone. They then adopted Bitcoin as their national currency. Then people started rushing there. Estonia was also not particularly interesting. Then they created a virtual residency program, his digitized ID, digital voting, digital parking and more. Be famous all over the world for something and put up that banner and people will come to your country, ”he elaborated. Adopting a decentralized Bitcoin as an official currency makes sense, he stressed, especially for a country like Sri Lanka, whose fiat currency has fallen 80% in six months.
“At once you will say why am I working with government fiat money? Why do we need rupees here? 80% down in six months. “Bitcoin took a big hit, but it’s still not that bad. They’d say they prefer a currency that appreciates over time rather than a currency that’s almost guaranteed to lose value next year.” He added that decentralized cryptocurrencies such as Bitcoin have the potential to avert future economic crises caused by excessive banknote printing and reckless fiscal spending. “In most countries, it is usually one person who prints too much money, mismanages the economy, spends money recklessly, or causes bad inflation. , pops up elsewhere, so if you’re using a decentralized currency, you don’t get it, it’s global, it’s transparent, it keeps perfect records, it’s a faster way to send money I believe the next revolution, Bitcoin and AI, has even greater potential than the Internet,” he said. He further said that replacing fiat currency with bitcoin would allow governments to increase tax collection while reducing corruption and unnecessary spending.
“Bitcoin has opened up a lot of interesting markets. Blockchain keeps a perfect record. You can receive your taxes without the need for a bookkeeper, money transfer company, etc. It keeps perfect records, so there is no corruption.That’s blockchain.And then there are smart contracts.Smart contracts. You don’t need a lawyer when you do a legal deal at We do the deal and it’s in the software and that’s the deal,” he added.


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A consortium including an affiliate of Shanghai Giant Network Technology, one of China’s largest online games companies, has entered into a definitive agreement with Caesars Interactive Entertainment to acquire CIE’s social and mobile games business Playtika in an all-cash deal for $4.4bn.
The Consortium includes Giant Investment (HK) Limited; Yunfeng Capital, a private equity firm founded by Alibaba Group Holding Ltd. founder Jack Ma; China Oceanwide Holdings Group Co., Ltd.; China Minsheng Trust Co., Ltd.; CDH China HF Holdings Company Limited; and Hony Capital Fund.
Following the transaction Playtika will continue to run independently with its headquarters remaining in Herzliya, Israel and its existing management team continuing to run day-to-day operations.
Robert Antokol, Co-Founder and CEO of Playtika, said: “This transaction is a testament to Playtika’s unique culture and the innovative spirit of our employees who for the past six years have consistently designed, produced and operated some of the most compelling, immersive and creative social games in the world. We are incredibly excited by the commercial opportunities the Consortium will make available to us, particularly in its ability to provide us access to large and rapidly growing emerging markets. This is an amazing milestone for all Playtikans and we truly value how unique this opportunity is to continue executing our vision with such a strong partner.”
Playtika, headquartered in Israel with additional studios and offices in Argentina, Australia, Belarus, Canada, Japan, Romania,Ukraine and the United States, is a leading global social and mobile free-to-play games company. Through its core technology and expertise in big data, analytics, and M&A, Playtika has successfully developed a scalable platform that is primed for future international expansion.
Giant’s founder and Chairman Shi Yuzhu said: “Playtika’s growth has been exceptional, and highlights its outstanding team, excellent corporate culture, cutting-edge big data analytics, and its unique ability to transform and grow games. We are looking forward to Playtika continuing to innovate and excel.”
“It has been a particularly rewarding experience growing Playtika from a 10-person start-up, when CIE acquired them in 2011, into a global leader,” said Caesars Interactive Entertainment Chairman and CEO, Mitch Garber. “Playtika today is a highly profitable growth company with more than 1,300 employees, multiple top grossing titles and millions of daily users. Robert is a true visionary and Israeli business leader who has created not only a great business, but also the most unique corporate culture I have seen in my career.”
The transaction is subject to customary regulatory approvals and other closing conditions, and is expected to close in the third or fourth calendar quarter of 2016.
CIE’s World Series of Poker and real-money online gaming businesses will not be included in the transaction, and the virtual currency used on the Playtika platform will continue not to be exchangeable for real money.


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The new Jinya Ramen Bar coming to the Reston Town Center has announced that construction on the restaurant is just about complete, and they will be setting an opening date in the next few weeks. That date is expected to be later this summer.
The Burn told you about Jinya back in January. The national brand is on the leading edge of the ramen trend — the Japanese style broth with noodles, meats and vegetables is all the rage right now. The location in Reston will be the fourth in greater DC area. Other local Jinyas include Fairfax, DC and North Bethesda.
When the new Jinya opens at RTC, it will initially be carry-out and delivery only — due to the challenges of the coronavirus health restrictions. The owner says they plan to open dining room seating this fall in full compliance with the current health rules and policies. The Jinya location is on Market Street 0n the same block as Morton’s, Sephora and Starbucks.
*With the Metro Silver Line coming soon, The Burn is exploring restaurants and retail news at Reston Town Center, Reston Station and other similar developments that are Loudoun County adjacent.


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Telecom Lead America: Urban Airship, a provider of push messaging to mobile devices, has unveiled its Location Messaging Service.
Its Location Messaging Service, as claimed by Urban Airship, allows marketers to offer better relevancy when engaging connected consumers.
The solution is designed to integrate the globally deployed push messaging service with segmentation and geofences to deliver targeted push notifications that drive greater response and engagement.
Marketers will benefit as they can combine in-app behaviors and interests, user-controlled preferences and user location profiles, including current location and location history to attain precision in mobile messaging.
“We are bringing the consumer back into the center with this approach to location-based marketing, enabling marketers to use everything they know about their most loyal customers — their app users — to be more relevant,” said Scott Kveton, co-founder and CEO of Urban Airship.
Urban Airship’s Location Messaging Service enables marketers to utilize location history profiles using any combination of pre-defined real-world location boundaries from sources including Maponics, Nielsen DMA and OpenStreetMap.
Selectable locations include everything from time zones, state legislative districts and cities, to ZIP codes, neighborhoods and venues.
“Urban Airship is focused on best practices and technology to help ensure that mobile messages are as targeted and as relevant as possible for today’s consumers,” said Darrin Clement, CEO of Maponics.
A global sporting event was the first to adopt Urban Airship’s new solution, using custom geofences of its facilities to send millions of location-targeted pushes that were opened by the majority of recipients at a clickthrough rate ten times higher than its emails.


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For global consumers it is no longer — as Michael Corleone in The Godfather put it — ‘strictly business’. Now, it’s personal. More personal than ever before. Join The Weber Shandwick Collective (TWSC) and Contagious for an offer you can’t refuse...a fresh take on how the changing world has reshaped what people value and expect from brands.
If three out of four people globally say what they value has changed in the past five years, what do they value today? Our new study found that people everywhere want brands that deliver personal emotional value.
During this session, we’ll dive deep into the five dimensions of the study’s new consumer value equation, which is based on research conducted across a range of generational cohorts and countries.
Joy Farber-Kolo, Chief Brand Officer, The Weber Shandwick Collective
Robyn Adelson, Chief Strategy Officer, North America, The Weber Shandwick Collective
Chloe Markowicz, Editor, Contagious,
Chris Barth, Principal Strategist, Contagious
Watch now to learn about… /
Why are consumers today ‘inside out’ in what they value most, placing their own safety, security, health and happiness above all else? What does this tilt selfward mean for companies and brands that focus on broader societal purpose?
You’ll also learn why our new value equation, Weber Shandwick’s new approach to planning, is a powerful way to help understand how your company or brand can provide the value many consumers are seeking today.
This article was downloaded from the Contagious intelligence platform. If you are not yet a member and would like access to 11,000+ campaigns, trends and interviews, email [email protected] or visit contagious.com to learn more.


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Imagine finding yourself far from any Wi-Fi network at the last minute before a video call, with no hotspot close enough to connect. A hassle, isn’t it? Still, maybe not for so long. Indeed, according to Mark Gurman, flagship publisher of the American magazine Bloomberg when it comes to speculating about Apple, 5G would be in the sights of the California manufacturer for its computers.
Without revealing precisely its source, the journalist explains that the idea of a cellular modem has already germinated at Cupertino. A considerable advance and yet still not very obvious even on the side of the competition. As with water resistance, our large format machines might therefore have to learn more from our smartphones.
Double biometric unlocking
In addition to 5G, Gurman also assures that Face ID will soon be integrated into Macs. Under the screen? In small borders? For the moment, nothing is less certain as the patents contradict each other – as well as the leaks – on this subject.
Even the potential release schedule of these devices remains difficult to guess. Apple for its part seems determined to chase generations frantically without taking into account its usual pace, while the rumors counting on a slow-motion subcontracting since the start of the health crisis embellish the traditional media.


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July 27, 2016
Twitter announced lackluster Q2 earnings, with $602 million in revenue for a net loss of $107 million. While the company improved over Q2 2015, when it lost $136.6 million, and monthly active users increased from 310 million to 313 million, its numbers fell short of Wall Street expectations and the company’s stock dropped more than 10 percent in after-hours trading. Despite new deals for live-streaming sports in the near future, the platform is not keeping up with the growth of social rivals such as Facebook, WhatsApp, Messenger, Snapchat and LinkedIn.
“For months, the San Francisco-based company has been grappling with worsening advertising growth and anemic audience growth,” reports The New York Times. “It risks losing out on top talent and deals to other bigger, stronger companies.”
In addition, Twitter’s short-term projection of $590 million to $610 million for the current quarter falls far below Wall Street estimates of $681 million.
While CEO Jack Dorsey remains upbeat, the platform is struggling to keep up with competitors such as Facebook, which draws more than 1.65 billion monthly visitors. Twitter has sidestepped the comparative user numbers in the past based on the strength of its advertising business, but in recent months the platform has experienced slower than expected growth in advertiser demand and a subsequent drop in stock value.
“As Twitter is less able to increase the size of its user base, advertisers are more likely to buy ads on Facebook, which has a huge global reach, or perhaps Snapchat, which caters largely to younger audiences,” notes NYT.
According to Recode, “this kind of production (or lack thereof) doesn’t help Dorsey’s case for running two companies (remember, he also runs Square). It also puts pressure on the board to consider broader options for the company, namely selling.”
Twitter has deals with MLB, NFL, NHL, Pac-12 Networks and Campus Insiders to live-stream sports and related programming soon. With its new push into video, the company is looking to sell more of its premium video ads to current clients.
“We’ve become a video-centric platform,” said Adam Bain, Twitter’s chief operating officer. “It is now the No. 1 ad format in terms of revenue on Twitter.”


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Every single day, I get dozens of emails from readers asking me if they should "file and suspend" their Social Security benefits - many times without really knowing what they are asking.
MENLO PARK (AP) - Facebook is getting an unwelcome look at the shady side of the hacking culture that CEO Mark Zuckerberg celebrates.
NEW YORK (AP) - Barely 24 hours after Mayor Michael Bloomberg proposed an all-out ban on plastic foam food containers in the city and already New Yorkers are asking: So what do we use instead?
DETROIT (AP) - General Motors has strung together a tidy three-year run of profits by making big dollars in its backyard.
WASHINGTON (AP) - The Internal Revenue Service has a message for taxpayers eager to learn the status of their tax refund: Please don't check the IRS website every five minutes - once a day is enough.
NEW YORK (AP) - Billionaire Warren Buffett, the most closely watched investor in America, is putting his money in ketchup, agreeing Thursday to buy H.J. Heinz Co. for $23.3 billion in the richest deal ever in the food industry.
WASHINGTON (AP) - The outlook for the U.S. job market is brightening after a government report showed a sharp drop in the number of Americans applying for unemployment benefits.
DALLAS (AP) - US Airways CEO Doug Parker has landed the big merger he sought for years. Now the soon-to-be CEO of the new American Airlines has to make it work.
HOUSTON (AP) - Carnival Cruise Lines has canceled a dozen more planned voyages aboard the Triumph and acknowledged that the crippled ship had been plagued by other mechanical problems in the weeks before an engine-room fire left it powerless in the Gulf of Mexico.
Monster changes label to qualify as 'drink' by FDA
SAN JOSE (AP) - Cisco's latest quarterly report provided further evidence that spending on technology gear is rising modestly in most parts of the world, despite persisting concerns about a still-shaky economy.
DALLAS (AP) - American Airlines and US Airways will merge and create the world's biggest airline. The boards of both companies approved the deal late Wednesday, according to four people close to the situation.
SUN NYVALE (AP) - Yahoo CEO Marissa Mayer thinks the Internet company will be able to please more people with fewer smartphone applications.
NEW YORK (AP) - The Dow rose to its highest close of the year, putting it within 1 percent of its record. Stocks gained after impressive results from two big consumer brands.
CUPERTINO (AP) - Apple CEO Tim Cook is calling a shareholder lawsuit against the company a "silly sideshow," even as he said he is open to looking at the shareholder's proposals for sharing more cash with investors.
NEW YORK (AP) - Procter & Gamble is canceling an on-field breast cancer awareness promotion it had been planning with the National Football League, the latest sponsor to respond to the NFL's growing problems.
SUNNYVALE (AP) - Yahoo is making amends for years of blundering with one smart move: an early investment in Alibaba Group that has turned into a multibillion-dollar boon.
NEW YORK (AP) - Sure, you have a lot to do today - laundry, bills, dinner - but it's never too early to start planning for your digital afterlife, the fate of your numerous online accounts once you shed this mortal coil.
DALLAS (AP) - UPS plans to hire up to 95,000 workers to help deliver packages during the busy holiday season - an increase from last year, when the company was caught unprepared for a boom in online shopping.
ALBANY, N.Y. (AP) - New York's attorney general has settled a false advertising investigation at Wal-Mart, saying some store personnel were citing a nonexistent "sugar tax" on soda.
CUPERTINO (AP) - Apple had more than 4 million advance orders of its new, larger iPhones in the first 24 hours, exceeding its initial supply, the company said Monday.
NEW YORK (AP) - Do you leave a tip in your hotel room for the maid? Marriott is launching a program with Maria Shriver to put envelopes in hotel rooms to encourage tipping.
NEW YORK (AP) - Microsoft's decision to spend $2.5 billion for the creator of the hit game "Minecraft" could help the Xbox maker grab attention on mobile phones, a new priority for the company.
NEW YORK (AP) - Olive Garden is defending its practice of giving customers as many breadsticks as they want, saying the policy conveys "Italian generosity."
NEW YORK (AP) - Maybe there is such a thing as too many breadsticks.
WASHINGTON (AP) - Criminals from around the world buy and sell stolen credit card information with ease in today's digital age. But if they commit their crime entirely outside the United States, they may be beyond the reach of federal prosecutors.
NEW ORLEANS (AP) - A massive structure described by NASA as the world's largest spacecraft welding tool has been completed at the Michoud (MEE'-shoo) Assembly Center in New Orleans, which was chosen in 2011 to build components of a major new rocket system.
WASHINGTON (AP) - The federal government says Bayer is making unsupported claims in advertisements for its dietary supplement designed to help with digestion, in violation of a federal court order.
SAN JOSE (AP) - From Apple's new smartwatch that tracks heartbeats to contact lenses that measure blood sugar - Silicon Valley is pouring billions into gadgets and apps designed to transform health care. But the tech giants that have famously disrupted so many industries are now facing their own unexpected disruption: regulation.
NEW YORK (AP) - Home Depot's data breach could wind up being among the largest ever for a retailer, but that may not matter to its millions of customers.


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'Queen of the gems' sentenced
Disgraced costume jewellery queen Petra Doring, whose customers included Princess Diana and supermodel Claudia Schiffer, has been sentenced to 120 hours' community service for running a company while an undischarged bankrupt.
Doring's Cabouchon gems firm, one of Britain's most successful direct-selling businesses in its time, collapsed in 1998. She was declared bankrupt when she failed to repay a £1m loan to its bankers - but within weeks she was drumming up investors for a new jewellery operation trading under the name of Cabouchon Europe.
Sentencing Doring at Middlesex Guildhall Crown Court in central London on Friday, the judge, Neil McKittrick, told her: 'Far from playing a minor or no role in the new company's management, you refused to lie down.'
Doring was also found guilty of being involved in managing a company with a similar name to her former business. She is to appeal.
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SAN FRANCISCO (MarketWatch) - Shares of Apple Inc.
jumped 7% in early trading on Wednesday on the computing giant's strong results. But the tech sector took a hit from slumping shares of chip giants Advanced Micro Devices
and Nvidia Corp.
AMD's stock fell 1.4% after the company missed revenue targets and reported a weaker-than-expected sales forecast. Nvidia saw its shares tumble more than 4% after the company reduced its fourth-quarter sales expectations, citing the impact of the hard-disk drive shortage. The Nasdaq Composite Index
was clinging to a 0.1% gain at 2,791, but the Philadelphia Semiconductor Index
shed nearly 1%.


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NEW YORK, N.Y., March 23, 2023 (SEND2PRESS NEWSWIRE) — PassFab, a prominent software development firm, is pleased to announce the launch of its Happy Easter sales campaign. This campaign provides consumers with the opportunity to take advantage of three fantastic prices on PassFab software and online resources.
Duplicate File Deleter News
News items related to Duplicate File Deleter as issued by the Send2Press Newswire service on behalf of the noted news source.
| From: PassFab
NEW YORK, N.Y., June 21, 2022 (SEND2PRESS NEWSWIRE) — Mac Users from around the world face a common problem of having duplicate files accumulated in their computer over the period of time without even realizing their presence. These duplicate files not only consume a lot of space on the Mac hard drive, but also become annoyingly difficult to manage and organize. A lot of Mac users search for how to find duplicate files on Mac but they are unable to find the answer until now.
| From: Tenorshare Co. Ltd.
NEW YORK, N.Y., June 16, 2022 (SEND2PRESS NEWSWIRE) — As of now, Tenorshare has released its new tool – Tenorshare Duplicate File Deleter for Mac, which deals with Mac duplicated files & folders removal. As a Mac user, Mac itself won’t cause duplicate files but adding new data repeatedly may. Now with Tenorshare Duplicate File Deleter for Mac, you can easily remove all the duplicate data in 3 steps for free!
PassFab Announces its Revamped PassFab Duplicate File Deleter V2.0.0 with an Enhanced User Experience
| From: PassFab
NEW YORK, N.Y., March 3, 2022 (SEND2PRESS NEWSWIRE) — PassFab has proudly announced that it is all-set to launch the new and improved version of its PassFab Duplicate File Deleter. This new version is called V2.0.0 and it is an entirely new take on the legendary duplicate file deleting application with a remarkable new feature of scanning similar images. The primary goal of this game-changing update is to enhance the user experience and the new app is packed with a variety of exciting features and benefits.


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A Surprising Rise in Industrial Production Fuels Hopes for UK Q1 Expansion
THE TAKEAWAY: UK industrial production rises 1% in February, more than expected -> Hopes raised for Q1 expansion -> Cable rises above 1.53
A better than expected rise in UK industrial production helped the Pound continue a rally to back above 1.5300 against the US Dollar. Industrial production rose 1.0% over February, beating expectations for 0.4% and up from the revised 1.3% decline in production in January. Industrial production was down 2.2% from February 2012, according to the Office for National Statistics.
Additionally, manufacturing production rose 0.8% over February, beating expectations for a 0.4% rise in factory production. In negative news for the UK economy, the total trade balance declined to a new six month low of -3.642 billion Pounds in February, versus expectations for -2.8 billion Pounds and down from a revised 2.494 billion Pound trade deficit in January.
Pound investors remain focused on economic performance in the first quarter of this year. UK GDP declined 0.4% in Q4, and is now one quarter away from entering a technical triple dip recession. A recent PMI report for March said improvements in the services industry has probably led the UK economy to growth in the recently ended Q1.
GBP/USD continues to trade above 1.5300 at the time of this writing, and support may continue to be provided by a recent broken resistance line around 1.5250. Resistance may be provided by an upward trend line, currently near 1.5396.
German Finance Minister Schaeuble met with US Treasury Secretary Lew in Europe today. Lew said that the US has an immense stake in Europe and that new policies driving consumer demand would help. Schaeuble commented that there is no contradiction between growth and consolidation.
In economic releases, the Swiss deflation rate fell to an eight month low at -0.6%. The Franc saw small losses following the release. In Germany, the trade balance rose more than expected to 16.8 billion Euros in February. There was no significant Euro reaction to the German trade balance.
(Learn how to incorporate the RSI into your trading!)
GBPUSD Daily: April 09, 2013
Chart created by Benjamin Spier using Marketscope 2.0
-- Written by Benjamin Spier, DailyFX Research. Feedback can be sent to firstname.lastname@example.org .
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.


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This year has been hard on everyone’s wallets. With the holidays around the corner, financial stress is on the rise. For holiday shopping this year, local and secondhand options are good alternatives to busting the budget.
Zoe Gillies of Le Grenier de Zoe, a thrift shop in Ormstown, shares that “The holidays will need to be different for a ton of families this year. Everything is so expensive.” Her store offers many options for gifts, and she assures folks that though items may be second-hand, they are as good as new. Her goal is also to keep the prices accessible to all. “We’ve made sure to leave our prices as low as possible. We haven’t raised any of our prices, because everything everywhere has [gone up], and we know how much people are struggling.”
There can still be some stigma when it comes to buying second-hand, and some people still perceive this option as “less-than” buying new. Gillies says that “In 2023, it is the way to go. Not only is everything way too expensive, but our society has become a world of consumerism.” This rampant consumption has caused excessive waste. “Clothing is the number-one polluter on the planet,” she explains. A search through a thrift store can result in good quality brand-name products being found for a fraction of the price, and they can then be gifted to a new home.
Gillies also organizes a community pantry to help provide food for folks who need it. “It is much more needed than I thought. Every day, we need to restock. We meet new people every week,” she says. Currently, they are still accepting food and monetary donations, as well as volunteers to pick up groceries with the money that is donated. Food donations must be unopened and in good shape.
Though it is tempting to buy from big-box stores, Gillies says that buying from small businesses helps to support the local economy and allows for a greater variety of resources that won’t be around long-term if they aren’t used. It also helps the community in a much more personal way: “Not only does it help us survive as a business, but we survive as human beings. We can offer jobs locally and help our economy. We can send our kids to dance. We can feed our families. And we can keep giving back to our community.”


text: Honeywell International reported on results for the first quarter. According to the report, the company received 1.12 billion dollars or 1.41 dollars per share. For the same period last year the company received 1.02 billion profit. It is worth noting that the company's revenue fell by 4.8% to $ 9.2 billion. The company plans to increase revenues from the aerospace industry and automation and control. We forecast that the company's financial results will be improved and in this regard, we keep the medium-term negative outlook.


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THE Rotary Club of Invercargill Sunrise’s charity art auction was held at the Invercargill Public Art Gallery last week.
“We were delighted to secure a piece of art from [Esplin’s] final auction,” Christine Bulling, of Ivan Bulling Furniture and Interior Designers said.
“Ivan Bulling has been the exclusive retailers in Southland of Clark Esplin’s artwork for many years.”
Esplin donated 53 artworks for the auction, 45 of which were sold online in a silent auction and eight at the live auction.
Charity art auction co-ordinator Dianne Logan said the event raised about $35,000, which would be donated to a variety of Southland charities.
Esplin had chosen Rotary to sell the paintings for charity because he was a previous recipient of a Paul Harris Fellow award from a Christchurch Rotary club, the highest award an individual Rotarian could receive, for his significant contribution to the arts, she said.Running sportsNike News


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CVC Capital Partners ("CVC") announced today that CVC Asia IV has acquired a majority stake in Riraku, the largest budget relaxation therapy chain operator in Japan. As result of the transaction, CVC Asia IV and the company's founder will become joint shareholders of the company. Yukinori Ideue will continue as Representative Director of Riraku.
Since its founding in 2009, Riraku has achieved sustained growth and now operates 575 outlets across Japan and serves 6.5 million customers each year, making it the largest player in a growing market segment in Japan. Riraku pioneered and developed the low-cost relaxation therapy market in Japan by offering quality massage and relaxation services. The company focuses on suburban, road-side locations, and has grown through new store roll-out and same store sales growth backed by a nationwide network of 28 therapist training centres.
Already a market leader with high customer satisfaction, Riraku aims to grow its network in Japan to around 1,000 outlets and through its partnership with CVC enhance its IT systems, and therapist training to offer improved customer service and improved operational efficiency.
Mr. Yukinori Ideue, CEO of Riraku, said "We look forward to partnering with CVC to support the next stage of our growth. Their expertise and financial resources will support our continued success as we seek further expansion in the domestic market."
Atsushi Akaike, Partner and Head of CVC's Tokyo office, said, "Riraku has developed a highly successful business model and we are very pleased to have the opportunity to partner with them. We look forward to working together with their excellent team to help them achieve the next stage in their growth and realize their long-term goals."


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Allegiant typically operates any given route only on limited days of the week. For travelers looking to book a longer or shorter trip, the company loses out on that potential ticket sale. And, more importantly to the business model, it loses out on the associated hotel, rental car, and other ancillary bookings.
Mexico considers foreign airlines for cabotage operations
Mexico’s President want to see more competition in the domestic air travel market. López Obrador proposes to allow foreign airlines to operate within the country – service known as cabotage – competing against the local incumbents. But will any show up??
Allegiant flips its digital marketing focus
The holy grail of any digital marketing effort is sufficiently accurate and granular targeting to ensure that consumers engage with the ad rather than ignore it. Allegiant believes it has found that sweet spot in the market. sweet spot in the market.
Allegiant plans more Extra on 737 MAX fleet
Allegiant’s upcoming 737 MAX fleet will feature even more rows of “Allegiant Extra” seating, with additional legroom on board, than the retrofit Airbus fleet.
US airlines delivering less efficient operations
A review of employment numbers and schedules suggests the airlines are up to 20% less efficient than in 2019 on a per-employee basis.
Allegiant goes Extra for legroom on board
Extra leg room is coming to Allegiant. For a price. The carrier will expand its “Allegiant Extra” offering (first trialed in 2019) significantly across the fleet.
In search of growth: Where the Summer 2022 US market is flying
Domestic US travel is back. And, in many ways, not at all what it once was.
Delta disses discount airlines, pursues premium passengers
Can Delta Air Lines continue to deliver outsized revenue gains in its premium cabins? The carrier appears focused on that segment, especially in the long-haul markets, even as domestic LCC competition heats up.
Allegiant picks Boeing 737 MAX for fleet expansion, refresh
Allegiant is mixing up its fleet plans. The carrier announced an agreement to purchase 50 new Boeing 737 MAX aircraft, diversifying from its current all-Airbus A320 family operation.
Allegiant, Viva Aerobus plan groundbreaking joint venture
Allegiant sees significant potential carrying leisure travelers to Mexican resort destinations, but the cost – both real and relative to domestic expansion – is too high. Viva Aerobus wants to expand deeper into the US leisure segment, but its prior attempts mostly failed. Together, however, the two believe they can become a strong player in the transborder market, commanding a double digit share.


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iOS 8 beta has been out for just 2 days and it seems like it has already been jailbroken. The feat has been achieved by infamous iOS hacker i0n1c who has shared a photo of SSH running on his Mac that shows a jailbroken iPod touch 5th generation. The hacker was able to access his iPod touch through SSH right from his Mac, something that requires the device to be jailbroken. Although the pictures shows that a jailbreak has been done on iOS 8 beta 1 we still don’t know whether he has been able to run Cydia on the device yet.
How we know it is iOS 8 in the picture above? Due to the OS build number i.e 12A4265u. While he has successfully jailbroken the latest available iOS version it is safe to say that he is never going to release it. Just last month i0n1c showed his device running Cydia on iOS 7.1.1 but never actually released it for general public to use. Even if he wants to release the jailbreak for iOS 8 it is too early right now and other jailbreak developers will not release it as well until Apple has released it for public’s use in the fall. An early release would allow Apple to fix the vulnerability before public release.
Now it would be interesting to see if jailbreak for iOS 7.1.1 is released or developers directly release it for iOS 8.
I just leave this here … pic.twitter.com/DGZnbJqaEn
— Stefan Esser (@i0n1c) June 5, 2014


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Aimed at fulfilling the daily shopping needs of residents and tourists alike, the new SPAR Supermarket has a sales surface of 380m2 and was developed with the support of SPAR International. To run this store, 15 people were employed from the local community, adding job opportunities in the local economy. The team benefited ahead of the opening from the knowledge available from the existing SPAR stores operating on the island. SPAR Malta has firm plans in place to open its fifth SPAR store soon, making this a summer of expansion.
This neighbourhood SPAR Supermarket has been very well received as evidenced by the busy check-out counters from the first day of operation. The official opening of the SPAR Supermarket, which was attended by the local mayor, was limited in scope due to COVID-19 prevention.
In its stores, SPAR Malta offers shoppers a great choice of internationally sourced SPAR Own Brand products, including DESPAR Italia private labels. These complement the locally and regionally sourced items available, offering customers products for every shopping mission.
At the onset of the COVID-19 pandemic, SPAR Malta showed resilience and a quick response, introducing preventative measures, as well as implementing a full-service e-commerce platform to assist consumers staying at home.
Source: SPAR Malta
About SPAR Malta
In the second half of 2016, SPAR International granted a licence to the Azzopardi Group to operate the SPAR Brand in Malta. A leading fisheries company established more than 30 years ago, Azzopardi has a dedication to fresh produce and excellent customer service. The first SPAR store was officially opened in June 2018.
SPAR Malta aims to become one of the leading retail brands on the island with a strong focus on utilising the success of SPAR Own Brand products – not only making them available to local customers but also developing the range in accordance with their specific needs.


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The Epic Mega Sale is offering $10 off all games that are priced at $14.99 USD or higher, and includes games already on sale that are over that price point. Epic is reportedly paying for part of the discounts that go beyond their current profit margins. A spokesperson from 2K Games told Eurogamer that the halt of preorders for Borderlands 3 is temporary, and any purchases made with the sale price prior to it being pulled will still be honored.
"We are working closely with Epic and have temporarily removed Borderlands 3 from their storefront. We look forward to the game being back on the Epic Games store soon. Games bought during their Mega Sale will be honored at that price."
Epic announced their store launch last December and became a popular topic of conversation due to their 88% revenue split with developers and not taking a cut from games made with Unreal Engine. Ubisoft revealed recently that the upcoming Ghost Recon Breakpoint will only be available on the Epic Games Store and its own Uplay client when it launches in October 2019, and not on Steam.
Have a tip for us? Want to discuss a possible story? Please send an email to firstname.lastname@example.org.
Jessie Wade is a news writer for IGN. Chat with her on Twitter @jessieannwade.
If you buy something through this post, IGN may get a share of the sale. For more, learn more.


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"The cause of the fire is yet to be ascertained. The car has been sent for a thorough analysis," the official added.
LG plans to launch a flexible OLED smartphone before the end of the year, the company’s VP of mobile has confirmed, though it’s unclear to what extent the work-in-progress handset will actually flex. The OLED panel in question is the handiwork of LG Display according to VP of LG mobile Yoon Bu-hyun, the WSJ reports, with the proposed device set to launch sometime in Q4. LG Display’s work on flexible OLEDs has been underway for some time, though the company’s efforts have perhaps been overshadowed somewhat by rival Samsung’s YOUM development. Last year, according to a Korea Times report, LG Display was preparing for


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Damage to pavement, large pieces of tarmac missing
Reported in the Pavement Defect category anonymously at 11:00, Thursday 16 January 2020
Sent to Bristol City Council 5 minutes later
The damage to the public foot path has been caused by the building site (Galliford Try Building) delivery vehicles parking on the pavement whilst they wait to enter the site entrance. The condition of the damage to the pavement is getting worst due to the amount of delivery vehicles waiting on it and is becoming dangerous to pedestrians.
Provide an update


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Escorts share price fell in early trade today after the farm equipment major reported a 14.9 per cent decline in its tractor sales at 5,264 units in April. Escorts share price fell to an intra day low of 684.45 level, down 7.49% compared to the previous close of 739.90 level on BSE.
Escorts share price opened at a loss of 3.39% at 715.20 on BSE. Escorts share price has lost 29.61% during the last one year and 1.78% since the beginning of this year.
The stock is trading above its 50 day moving average of 778.19 but below its 200 day moving average of 699.53 level in trade today. Escorts share logged turnover of Rs 4.74 crore with 69,000 shares changing hands on BSE.
10 of 14 brokerages rate the stock "buy" or 'outperform' and four "hold", according to analysts' recommendations tracked by Reuters.
Escorts sold 6,186 units in the same month last year, the firm said in a regulatory filing.
Domestic sales last month were down by 18.2 per cent at 4,986 units as against 6,094 units in the year-ago period, it said.
Exports in April stood at 278 units as compared to 92 units in the same month last year, it added.
Escorts is an engineering company, which offers agricultural tractors and construction equipment. The company's segments are agri machinery, auto ancillary products, railway equipment, construction equipments and others.
It is engaged in the business of manufacturing of engines for agricultural tractors, earth moving and material handling equipment, round and flat tubes, heating elements, double acting hydraulic shock absorbers for railways coaches, center buffer couplers, automobile shock absorbers, telescopic front fork and Mcpherson struts, brake block, internal combustion engine and various types of brake used by railways.
Edited by Aseem Thapliyal


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Prestige New York, an oversized luxury magazine sent to the ultra-rich, continues to look for a new publisher to replace Ray Chelstowski, who jumped ship in early May after publishing the first issue, for the same position at Time Inc.’s Entertainment Weekly.
Meanwhile, the title’s editor in chief Rhonda Palmer has taken on the duties of general manager, Prestige parent, Singapore-based CR Media, announced. Social editor and fashion director Christine Schott was promoted to deputy editor.
Prestige New York launched at a time when ad pages at magazines for the rich are falling faster than those aimed at the general market. Executives there have said the title will set itself apart by guaranteeing to advertisers that it’s actually reaching households with a net worth of at least $10 million.


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Volcan de mi Tierra takes X.A Tequila to UK
Moët Hennessy will launch its ultra-premium edition of Volcan de mi Tierra Tequila, X.A, in the UK this autumn.
Additive free and made from 100% Blue agave, the expression is a blend of reposado, añejo and extra añejo Tequilas.
The brand said the reposado base brings ”the right level of sweetness and smoothness’’ while the añejo and extra añejo Tequilas add “aromatic balance and complexity’’.
Julien Morel, CEO of Volcan de mi Tierra, said: “The Tequila market continues to grow at a fast pace, revealing an increasing level of taste and quality, and consumed in the most desirable bars, restaurants and clubs around the world.
”After a successful introduction of our three core products, Blanco, Reposado and Cristalino, we are thrilled to launch Volcan X.A: a pure and ultimate expression of Volcan de mi Tierra savoir-faire, created to be appreciated around the best tables across the world.”
Bringing Volcan X.A to life wasn’t a simple task, a process that Santiago Cortina Gallardo, chief operating officer of Volcan de mi Tierra, said was ”the result of several years of work and research in Volcan’s distillery’’.
The distillery sits at the base of the Tequila Volcano, located in the Jalisco region of Mexico. The bottle for the new expression has been designed to reflect and honour the volcano.
Gallado continued: ”Some years ago, we built a new cellar, which is eight metres deep and has 1.5m thick walls to protect our casks from the heat of Jalisco, allowing gentle ageing in various types of oak barrels we had been experimenting on.
”After many trials we have been able to create the Tequila we were aiming for: an ultra-smooth and aromatic expression with a long finish, and no additives.”
To help usher the X.A expression into the UK, Volcan has partnered with Bulgari Hotel and Kol restaurant, among other venues in London, and will showcase the spirit at alternative club and experience nights organiser Perplex’s House of Sin Halloween events – taking place at One Marylebone from 27-28 October.
Volcan de mi Tierra XA Tequila sits at 40% ABV and retails for £216 (US$263.59) per 700ml and £486 (US$593.07) per 1.5-litre with limited availability.
It has also been announced as the official Tequila partner for the Formula 1 Las Vegas Grand Prix, which is happening between 16-18 November.


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Six months after its teaser trailer showed up online, Robert X. Cringely’s “lost” interview with Apple co-founder Steve Jobs has now available for rent in iTunes for $3.99. In 1995, Cringely interviewed Jobs, who was then running NeXT, and two years out from what would later be his triumphant return to Apple, for a PBS documentary called “Triumph of the Nerds”. However, much of their discussion ended up on the cutting room floor – 70 minutes worth, in fact.
In the un-aired portions, Jobs talked about his approach to product design, team building and product evolution, among other things. At the time, those insights may not have had the impact they do now, as the iPod, iTunes, iPhone and iPad had yet to be invented.
The footage was presumed lost until shortly after Steve Jobs’ passing, when it was discovered by the documentary’s director, Paul Sen, who found it in his garage.
Interestingly enough, Cringely says that Apple has deemed the film “too controversial” and won’t promote it in iTunes because of its “sensitive” nature. But if you search for it, it’s there. (Perhaps Apple didn’t want to promote it because of Jobs’ cocky responses -such as when he riffs on Microsoft, saying they have bad vision and poor taste? Oh, this is going to be good.)
In iTunes, the description reads:
Candid, controversial and funny… the original and unedited interview with Steve Jobs, conducted by tech journalist and former Apple Inc. employee Robert X. Cringely, from 1995 when Steve Jobs was still CEO of NeXT Computer and Pixar.
The rental is only available in the U.S. at present.


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BENGALURU: Even though BESCOM is spending hundreds of crores on IT infrastructure, technical glitches in the bill payment continue to haunt consumers. Thousands of electricity consumers who had April15 as the last date to pay BESCOM bills are finding it difficult to pay their bills online and are forced to visit a Bangalore One center and stand in a long queue in front of the local BESCOM offices.
Reason: Since the past week consumers are receiving the error message saying ‘The application has encountered some problem. Please wait for some time and try again. If the problem persists please inform customer care.’ https://www.bescom.co.in/SCP/Myhome.aspx.
According to consumers who are now visiting the Bangalore One centers, they are unable to pay bills online for unknown reasons and the problem continues. Till Friday morning the problems continued. A few consumers were able to make online payments by Friday evening. However long queues were found in the BESCOM and the Bangalore One centers.
“Generally I pay my bill on the last date (15th of the month) through the BESCOM website. But this month, even though I have been trying to pay my bill online since Monday, I have not been successful. Every time I receive an error message,” said Ms. Sulochana Mayya, a software professional from Malleshwaram.
“There are two types of online payments. ‘Registered payee’ and ‘direct payment’ (by entering the account number). Many of my friends too had the same complaint. Even though many lodged complaints with customer care the common suggestion they got was to pay in any of the Bangalore One centers or visit the nearest BESCOM office,” she said.
Many consumers say that it is not the first time that they are encountering such a problem.
“Online bill payment is always a big headache. Either we encounter a technical or a system problem. Several times, online payments are not reflected in the next bill. Why does the BESCOM not make the payment error free?” questions Mr. Mahadev Patil, a resident of Mahalakshmi Layout, who was forced to pay two days after the due date because of the problems....


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It seems that everything from fabric softner to olive oil is “infused” with something or other these days – and now even black rubber tyres are being given the same treatment!
Yokohama, the Japanese tyres manufacturer, is calling the dB Super E-spec “the world’s first orange oil-infused passenger tyre” and reveals that it is composed of 80% non-petroleum-based materials.
The newly launched tyre contains a mix of “sustainable orange oil and natural rubber to drastically cut the use of petroleum without compromising performance”, according to Dan King, vice president of sales for Yokohama.
He added: “It also helps consumers save money at the gas pump by improving fuel efficiency via a 20% reduction in rolling resistance and an Advanced Inner Liner that minimizes tyre weight and reduces air loss to help the tyre stay properly inflated.”
Mark Chung, director of corporate strategy and planning for Yokohama, added: “The idea of combining oil from orange peels with natural rubber was originally conceived by our racing engineers.
“The same orange oil technology… can be seen today with our Advan ENV-R1 TM racing tyre on Porsche GT3 Cup cars.”
The dB Super E-spec also contains a new compound, Yokohama’s proprietary Super Nano-Power Rubber, which is designed to deliver lower rolling resistance.
The tyre will initially be available in four sizes: 185/65R15 88H, 195/65R15 91H, 195/55R16 86V, and 215/60R16 95V, all of which fit the Toyota Prius, Honda Accord Hybrid and other vehicles.
Oliver Hall, Operations Team


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Relocated Joule is a 'jewel' of a Korean steakhouse
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The sign says “Jewelry” in big letters, but only “Jewel” is in lights.
Yes, the restaurant has changed Seattle neighborhoods – from Wallingford to Fremont – but no, it hasn’t changed names. It’s still Joule, pronounced jewel.
“We’re having fun,” Yang said about the sign.
The new Joule is set to open Wednesday for dinner. It will be the first business running in the Fremont Collective, a dramatically remodeled building that also will house Chef Renee Erickson’s The Whale Wins restaurant and the flagship retail store for evo Seattle, seller of outdoor gear and clothing.
Yang and Chirchi, a husband-and-wife culinary team, hit it big with their second restaurant, Revel, which is also in Fremont and features their take on Korean street food. Joule, the remade and relocated version of their first restaurant, is a sleek rendition of a Korean steakhouse.
Revel taught them to have a more concise menu than at the original Joule, Yang said. They decided to focus on what they like to cook the most and what their customers like to eat the most. Prodded by the popularity of Revel’s whole-animal outdoor barbecues, they settled on red meat.
“It’s not Korean food. It’s not American food. It’s Joule food -- food you can’t get anywhere else. Food that’s fun, exciting and unique,” she said.
What that means is unusual cuts of meat with unexpected condiments, marinades and flavor pairings.
Think short rib steak with kalbi and grilled kimchi, beef royale with spicy pickled pearl onion, and petit tender with fermented tofu. Non-steak items include mackerel with green curry cilantro crust and black currant.
Glenn Drosendahl blogs about restaurants, chefs and food for the Puget Sound Business Journal.
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