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“It’s created a cottage industry of plaintiffs attorneys looking to file a quick-strike lawsuit” and enhance their revenue streams, said an underwriter quoted in the story. Here’s something I like — SOBR announced that it has $10 million in cash on hand … which hopefully dotbig forex broker means it won’t dilute any time soon. SOBR tried to break through this resistance every day in the last week of October. The volume hasn’t been as strong since then, but it doesn’t need to be. I’m just watching them to see if they check the boxes for a good trade.
We’d like to share more about how we work and what drives our day-to-day business. Morningstar Investor’s stock ratings, analysis, and insights are all backed by our transparent, meticulous methodology. In this article, we shall discuss the 10 best bargain stocks to buy right now.
- Analysts expect EPS growth to continue, averaging 19.8% per year over the next half decade.
- Maintaining independence and editorial freedom is essential to our mission of empowering investor success.
- Banks also naturally have high switching costs; once consumers put their money in they rarely go through the hassle of switching.
- However, Enbridge’s exposure to oil may be safe for a while, but faces eventual existential risk from electric vehicles.
- That’s not to say Salesforce will thrive over the remainder of 2022.
Wall Street will be watching the Federal Reserve statement closely this week for signs that the central bank will ease up on its rate hike pace. Economists at Goldman Sachs expect the Federal Reserve funds rate to peak at 5%, after raising its forecast for the central bank to hike 75 basis points in this week's upcoming meeting. Preliminary data released Monday also showed economic growth slow in the third quarter, with gross domestic https://www.forbes.com/advisor/investing/what-is-forex-trading/ product rising by just 0.2% in the third quarter. Has the right strategy for long-term growth, Citi said in a note Monday. A strong U.S. dollar, which is elevated because of higher interest rates, is also a drag on the precious metal, which is usually considered a safe-haven inflation hedge. Gold slipped Monday, heading towards its seventh monthly loss, weighed down by a hawkish Federal Reserve set on raising interest rates.
That’s because this year’s underperformers can become next year’s outperformers, and if you find a once-stellar stock among the dogs, it may be ripe for a bargain purchase. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Dividend aristocrats, which are relatively stable and have a history of consistently growing their dividend payments over time. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. The Buffett bears will say he has lost his fastball, but Berkshire continues to produce market-beating returns in most years despite its massive size. And while Berkshire certainly won't produce the 3,600,000% return it has produced since Buffett took the helm, there's no reason to believe it won't continue to outpace the S&P 500 for the foreseeable future. If Berkshire were a mutual fund, it would be the largest actively managed mutual fund in the world.
Digital Realty Trust
In his view, election effects will be second to the ongoing focus on Fed rate policy, inflation and recession risk. The asset manager said rates have already hit levels that may trigger a recession. dotbig reviews BlackRock said it remains underweight stocks and government bonds. "We see central banks on a path to overtighten policy," Jean Boivin, head of BlackRock Investment Institute, said in a note.
As a website creator for a decade now, literally half of Alphabet’s existence as a company, I’ve used multiple parts of Alphabet’s portfolio of services and have seen first hand how they have grown over this time. Alphabet now has arguably the strongest balance sheet of any company in the world, with over $132 billion in cash-equivalents and just $14 billion in debt. However, Enbridge’s exposure to oil may be safe for a while, but faces eventual existential risk from electric vehicles. And as Enbridge grows its renewable energy portfolio, it will be competing in an area that it has fewer advantages in. Lastly, political opposition has delayed some of their planned pipelines in recent years. They operate a vast pipeline network that transports oil and gas from where it’s gathered to where it needs to be to keep Canada and the United states powered and warm. After solar developer SunEdison collapsed into bankruptcy from too much debt to fuel overly-aggressive growth plans, Brookfield swooped in and bought lots of attractively-priced solar and wind farms from them.
Why do people buy stocks?
He has been widely published, writing for Technical Analysis of Stock & Commodities magazine, Investopedia, Benzinga, and others. He runs TradeThatSwing.com, has authored several trading courses and books, coaches individual clients, and regularly trades stocks, currencies, and ETFs. If a stock is no longer meeting most of the criteria, then it may be time to sell and buy other stocks that do meet most or all of the criteria above.
But energy stocks are still cheap and under-owned relative to the broader market and pay some of the highest dividends you're going to find. But regardless, the trends driving Nvidia's growth remain firmly in place.
Stock Market Today: Track Market Trends And The Best Stocks To Watch
While tech stocks traditionally don’t perform well when interest rates are rising and the economy is slowing, enterprise software like Salesforce may see an uptick in adoption. If for nothing else, Salesforce may be able to help businesses of all sizes compensate for the impending slowdown in hiring. As more companies are inclined to reduce the number of employees they take on in a slowing economy, enterprise products and services like Salesforce can help ease the workforce shortage. As the world transitions to zero-emissions transportation, Ford will inevitably become one of the biggest beneficiaries of the secular tailwind. Future profits and revenue look more promising than ever for one of the best in the industry. That said, investors may take advantage of today’s discount to get in on long-term trends.
Asset Allocation vs Hot Stock Selection
Founded in 1886, Johnson & Johnson has spent the better part of two centuries developing medical devices, pharmaceuticals, and consumer packaged goods. The company’s products have helped people around the world tend to countless healthcare issues, from COVID-19 vaccinations to breakthroughs in scientific innovation. The world’s reliance on Johnson & Johnson’s suite of products has been instrumental in the stock’s performance.
Parsons Shares Reach New High After Strong 3Q Report >PSN
Devon announced on Sept. 5 that it had entered into a liquefied natural gas export partnership with Delfin Midstream Inc. Under the agreement, Devon would invest an unspecified amount of money in the partnership, which could result in up to two million tons per year of liquefaction capacity in one or more Delfin LNG vessels. On Sept. 6, EQT announced it had entered an agreement https://www.dennisdemo.com/new-york/financial-services/dotbig-forex-broker-reviews with THQ Appalachia I LLC, known as Tug Hill, and THQ-XcL Holdings I LLC, known as XcL Midstream. Per the agreement, EQT will acquire Tug Hill's upstream access and XcL Midstream's gathering and processing assets. On Sept. 9, Marriott announced a quarterly dividend of $0.62 per common share. The dividend is payable on Oct. 6 to shareholders as of Sept. 22, 2022.
E-commerce is still in the relatively early stages, making up less than 15% of retail sales in the U.S. And Shopify has the number two share, giving it a large lead over many of the world's largest retailers. With shares down sharply in the recent market downturn due to recession fears and signs of a slowdown in consumer spending, Shopify looks like a clear choice for the best stocks to buy in 2022. Choosing the best stocks to buy today heavily depends on your personal financial situation. To get a feel for where you stand, read our guide on how to invest in stocks. It walks you through topics such as establishing an emergency fund, allocating assets, and when it makes sense to buy stocks. Bookmark this page to make sure you stay on top of all the latest action in the stock market, and be sure to check The Big Picture after each market close for more detailed analysis and stocks to watch.
However, if you’re looking to earn the returns of the index, it’s vital that you hold the index fund through the ups and downs, giving the https://www.dennisdemo.com/new-york/financial-services/dotbig-forex-broker-reviews investment the time to ride out the volatility. Otherwise, you’ll probably end up selling low and buying high, as the index gyrates.


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Datrose to lay off Durham employees
Datrose Industries Inc. is laying off 167 people in Durham, according to a notice sent to the N.C. Department of Commerce.
The company, based in New York, provides business services for staffing, mail and document management, accounts payable and staffing.
In addition to its offices in New York, the company has offices in Virginia and on Stirrup Creek Drive in Durham, according to its website.
The company notified commerce officials on Monday of the layoff in Durham, which is expected to take effect Aug. 29.
The notification of the lay-off was required under the Working Adjustment and Retraining Act, which requires companies with 100 or more workers to give 60 days’ notice of a massive layoff or plant closing.
According to the notice sent to commerce, Datrose is closing the plant because a client, Kodak Alaris, chose another company for staffing services.
Kodak Alaris is the company created from the U.K. Kodak pension plan’s acquisition of the Kodak Document Imaging and Personalized Imaging business from the Eastman Kodak Co., which emerged from bankruptcy last year.
The letter from Datrose said the company expects to close its entire technical response center in Durham and lay off all of the employees working at or out of that site.
Attempts to reach Datrose or Kodak Alaris officials for comment by deadline Tuesday were not successful.

domain: news


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Toronto based financial management software provider Wave has raised $24m in Series D funding led by NAB Ventures. Wave makes running a small business better by providing free accounting, invoicing, affordable credit card processing (payments) and payroll. Over 2 million small business owners, in more than 200 countries around the world, rely on WaveApps to run their business.
Melissa Widner, NAB Ventures’ general partner, said that the bank is interested in any emerging technologies that offer a connected experience to customers. NAB has more than 450,000 small and medium business customers, making it one of the largest banks in Australia. Wave co-founder and chief executive Kirk Simpson said that nobody understands small business in Australia better than NAB. He added that they are looking forward to explore how to serve businesses better alongside the bank. “We also believe that innovative partnerships between technology companies and world-class banks will lead to transformative solutions in the market,” Simpson added as per Money Management. The firm also offers financial services such as credit card processing and lending.


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Digitalisation and digital reskilling are key to unlocking ASEAN’s regional economic recovery post-covid, but challenges remain.
While the pandemic has helped to accelerate digital adoption in many countries around the world – by a timescale factor of several years according to many analysts – in others it has shone a light on inherent weaknesses and potential barriers, for example the readiness of infrastructure and workforce to benefit from digital advance.
In Southeast Asia, considerable effort has been made over many decades to create a bloc of nation states that can effectively collaborate as an economy and bring increased security and prosperity to the region. So it is no surprise that the pandemic has forced digitalisation to the top of the region’s agenda as a key factor not only for future growth, but now for fast and robust economic recovery.
Recognising the priority, ASEAN (Association of Southeast Asian Nations) has set out a digital blueprint to help guide member state governments and regulators. The ASEAN Digital Masterplan 2025 specifies ‘desirable outcomes’ such as quality and coverage of fixed and mobile broadband, the provision of trusted digital services, consumer protection from digital harm, and a competitive business market for the supply of digital services. The vision is compelling – to be a ‘leading digital community and economic bloc, powered by secure and transformative digital services, technologies and ecosystem.’
On the ground, there is plenty of evidence that this is the desirable direction of travel. A recent World Economic Forum (WEF) survey of young people (aged 16 to 35) across the six largest ASEAN nations, determined that there is an expectation that their governments and employers will embrace a digital future, but that they must recognise and address the challenges, especially for micro and small-medium businesses (MSMEs), including better infrastructure rollout and the means to plug digital skills gaps. Unsurprisingly, the more digital-savvy respondents had fared better during the pandemic, but the need for reskilling and upskilling across the board is clear.
The reality is that for ASEAN countries, digitalisation moves at varying pace, reflecting domestic differences in digital preparedness and governmental leadership. Some economies have had digital programmes and incentives in place for years, while others are still catching up.
Singapore, for example, has the second smallest population of the ten ASEAN nations, but by far the highest GDP per capita. As a gateway to China, one of Singapore’s success factors is being connected to the rest of the world. Unsurprisingly in their 2021 budget, there has been a significant focus on further digital transformation and upskilling, with new emerging technologies and jobs programmes and an increase in financial support packages.
The government of ASEAN’s largest country, Indonesia, has its sight set firmly on digitalisation as the route to becoming a top ten global economy by 2030 – it was ranked 16th pre-Covid, based on International Monetary Fund nominal GDP data. According to Revano Hananta, senior consultant, KAP Hananta Budianto & Rekan, UHY’s member firm
in Indonesia, the country’s leadership is looking at infrastructure, governance and a digital society as the main ways forward. “Our government believes that digital infrastructure is the root of the problem,” says Revano, “and they are taking steps to distribute this more evenly across the country. They also recognise the importance of public service transparency so they are implementing the concept of digitalised government services, which will also be more efficient and effective.”
Like its ASEAN neighbours, Indonesia has to address the need for more digital education. “Success depends on the readiness of our society to ‘go digital’,” says Revano. “The government has launched massive digital talent programmes to support this aim, including online access to training.”
Indonesia and Singapore are not alone in recognising the need for better digital systems, skills and policies. Malaysia, a country that has historically lagged behind its ASEAN peers, has done much to catch up, thanks in some part to the impact Covid-19 has had on the business community. Datuk Alvin Tee is group managing partner of UHY in Malaysia, and an elected director of UHY International who has supported MSMEs through an accelerated digital learning curve. “Lockdown up-ended every possible business continuity plan, and disrupted businesses at their very core,” he says. “The unprecedented scramble towards commercial survival was largely dependent on how fast a small business could pivot to online and mobile engagement with its customers, use cashless payments, and develop a contactless delivery model.”
However, beyond the pandemic, Datuk Alvin believes there are still challenges to overcome. “There is no shortage of government initiatives to support digital adoption, and technology-related grants, subsidies, loans for digitalisation training and upskilling are abundantly available. The government has set out a digital plan for public sector services and is pushing hard for a 5G infrastructure to provide 80% coverage of the country. But skills and hardware aside, we have to have digital leadership at the top, where generally leaders are senior to the digital generation and have a more cautious mindset. For me, effective digital transformation remains very much about the depth, effectiveness and scalable positive impact that it makes in an industry, a nation, or a region.”
Vietnam and the Philippines are two ASEAN nations yet to achieve the digital momentum of their peers. Sharing similar population numbers and productivity, both countries have some catching up to do.
Pre-pandemic in 2019, Vietnam’s Government signed Resolution 52, setting out guidelines and policies to enable the country’s full participation in the benefits of the Fourth Industrial Revolution, dubbed Industry 4.0. It prompted a number of plans and improvement programmes from ministries, sectors and local jurisdictions with targets and goals for phased digitalisation including mobile online access, provision of public services, online government records and information systems, and digital banking.
“There are also plans to have three smart cities in three economic areas by 2025,” says Thanh Nguyen, partner at UHY Auditing & Consulting Company Limited. “For this, and the further goal of regional – and global – smart city connectivity by 2030, we expect the Government will work hand in hand with the private sector as and when necessary to build out telecommunications infrastructures and achieve its objectives and plans.”
While results so far on infrastructure are apparent, the ‘softer’ (skills-based) part has been slower in coming. The country has slipped down various global indices on measures such as knowledge and technology innovation, research, and talent competitiveness. Thanh, however, remains optimistic.
“Despite our national focus on Industry 4.0, other countries are doing this faster, I agree,” he says. “But although there is no official announcement yet around specific training or retraining finance, for example, Resolution 52 is clear about the necessary support and incentives for business and individuals to participate in education, training and upskilling.
“Reports like the WEF ASEAN youth survey, and others, simply reconfirm the strong desire of our national workforce to be more digitally savvy. While there is a lot to do to upskill people in response to digital transformation, it is a responsibility that must be shared between individuals, employers and Government. Together they can drive the sustainable economic growth we need.”
The Philippines is another ASEAN country which is busy digging in and getting on with addressing the challenges of a rapidly digitalising world. According to Mike Aguirre, managing partner, UHY M.L. Aguirre & Co. CPAs, things are improving.
“It is true that a 2020 World Bank report suggested our country’s challenges were due to the slow penetration of highspeed broadband,” says Mike, “but improvements have been made in the last year, and there has been a surge in telecommunications infrastructure rollout. In many ways the Covid-19 pandemic has accelerated digitalisation and we are seeing, for example, far greater use of digital payments and fund transfers now.” Indeed, Philippines central bank reported an increase in consumer digital transaction volumes in 2020 compared to 2019, and massive increases in both volume and value of fund transfers over the same period.
And it is not only consumer payments that have been positively impacted. “The pandemic has given rise to a number of innovations in business and government operations,” says Mike. “Online ordering systems with mobile courier vans, motorbikes and bicycles have facilitated food and other product deliveries to consumers, and we have online apps enabling passengers to ride tandem on motorbikes or to ride in private cars acting as surrogate taxis.”
Even judicial proceedings are conducted online using videoconferencing tools; education is delivered through digital platforms with the use of computers and laptops; and the government has recently set out a digital plan to improve the Philippines’ readiness for the global digital economy.
“Things are moving forwards” says Mike, “but unlike some other ASEAN countries the issue of reskilling or upskilling for a digital economy, while a persistent problem, is not the biggest problem. We have a greater need to address unemployment and underemployment, especially among the young. Two out of every three unemployed Filipinos are under 35 years of age and, according to the government’s own labour force survey, there are nearly three and a half million between the ages of 15-24 who are not in education, employment or training.”
The ASEAN digital blueprint shows good intent but clearly there are multiple and various reasons why its member nations will move at their own pace. There seems little doubt about the destination, or the political and societal will to get there, and in that sense a connected ASEAN region is inevitable and a prize to be cherished. As Datuk Alvin Tee in Malaysia puts it, “Digital transformation, be it for an individual organisation or a nation, is a journey of effort, discovery and leadership.” It is going to be an interesting journey to watch.


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Samsung Galaxy S6, Galaxy Note 5, Galaxy A5 (2016) … Android 7 Nougat is fast approaching!
While the Galaxy S7 has already been upgraded to Android Nougat, Samsung Turkey has given the deployment dates of the latest OS update on the Galaxy S6 and S6 Edge, the Galaxy Note 5 and the Galaxy A5 2016.
Attention, Android 7.0 Nougat is approaching. By the time these lines are written, everyone (or almost) is waiting for the release of the Galaxy S8. But while the Galaxy S7 has already been entitled to the update of the Android OS , the Galaxy S6 and S6 Edge, the Galaxy Note 5 and the Galaxy A5 2016 should soon follow its step . After we confirmed this information, Samsung Turkey gave the dates of the deployment of Android Nougat. And obviously, it should not be long in Europe. Without further ado, discovers the road map of Android N according to Samsung Turkey.
We learn that the deployment of Android 7.0 Nougat in Turkey on the Galaxy S6 and S6 Edge is scheduled for February 27th. At meltyStyle, it is thought that these dates could be quite close to those planned for France and the rest of Europe. Other smartphones and tablets to take advantage of this update, the Galaxy S6 Edge + , the Galaxy A5 and A3 2016, the Galaxy Note 5 and even the Galaxy J5 2015 for deployments by the end of July. In the meantime, you can discover 4 tips and tricks around the new Galaxy A5.


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There’s some good news for Mumbaikars and that is that malls, eateries and multiplexes will now be allowed to remain open 24×7 from January 27. Mumbai is said to be a city that never sleeps will indeed not sleep after this announcement.
As per a report, Maharashtra Minister of environment and tourism Aaditya Thackeray who had earlier backed the idea that licensed establishments in Mumbai should be allowed to operate 24×7 called a meeting on Thursday when city authorities decided to implement the change and decided to implement the same from January 27. Owners of shopping malls, hotels and restaurants were also present at the meeting.
According to the municipal commissioner, Praveen Pardeshi, “We have given permission to operate shopping malls, hotels and restaurants 24×7 functioning from January 27. Gated communities, primarily with entertainment and food plazas have been given permissions. We have cautioned the representatives of the establishments to ensure fire-safety compliance and security. Most of the malls have said that they will keep their establishments open on weekends if running it throughout the week is not feasible for them.”
In this fast paced life people usually miss their food at the right time, this new initiative of Aaditya Thackeray will surely make nightlife more happening in Mumbai.
Reportedly, some of the malls have agreed for the 24×7 implementation and the names are Atria Mall in Worli, R-City Mall in Ghatkopar, Phoenix Market City in Kurla, Growel’s 101 in Kandivali, Oberoi Mall in Goregaon and High Street Phoenix at Lower Parel.
However, the authorities should give a thought to two important things that seemed to have escaped their mind. One is there ought to be police personnel on the roads to safeguard people moving on the road at night. This is because there would be chances of all kinds of crime happening. Secondly and more importantly, the railways and BEST buses have to run all throughout the night to make it easier to move from this place to the other,
In 2013 the idea was proposed by Shiv Sena and from that time, this idea was lingering. Finally the idea is soon to take shape.


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A Reddit member who beforehand leaked Fireplace Emblem: Three Homes for the Nintendo Change system has hinted that the groups have been engaged on remakes of Fireplace Emblem Path of Radiance and Fireplace Emblem Radiant Daybreak for the Change. The leaker mentioned that the remakes have been deliberate for launch in 2020, however have been pushed again because of the ongoing coronavirus pandemic. As at all times this can be a hearsay and Nintendo has not revealed what’s subsequent for the long-running Fireplace Emblem franchise. Fireplace Emblem Path of Radiance launched on the Nintendo GameCube in 2005 and Fireplace Emblem Radiant Daybreak was launched on the Wii in 2007.
Due to paidenthusiast for the information tip!


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4th March 2022
In yet another example of an innovative football and technology partnership, Manchester City FC is set to become the first Premier League club to enter the metaverse, as a result of a three year deal with tech giants Sony that will see the club build a virtual Etihad Stadium. Walker Morris Commercial and Technology Associate Ryan Doodson explains.
The metaverse is a simulated digital environment in which users can interact with other users and that uses virtual reality, AI, AR and blockchain to create spaces for user interaction imitating the real world (for more on this, see our newsletter Technology & Digital: What to look out for in 2022). Participants, or supporters in this case, will be able to explore the metaverse as digital avatars. For Manchester City, this means offering supporters the opportunity to visit the club’s virtually-created 55,000 seater Etihad Stadium in a digital, immersive world.
Sony’s subsidiary, Hawk-Eye, will use image analysis and skeletal-tracking technology to, theoretically, enable fans to ‘attend’ matches at their home ground from anywhere in the world. Fans will also be able to experience past matches as well.
The move could have a profound impact on the way traditional broadcasting deals are structured. Currently, the Premier League sells a package of rights to broadcasters which includes the rights to broadcast Premier League matches of all Premier League clubs. However, if ambitions of virtual attendance at matches become a reality, clubs are likely to begin exploring the possibility of selling rights themselves, directly to consumers and potentially through their own metaverses.
Manchester City’s chief marketing officer, Nuria Tarre, has also notably mentioned that a ‘virtually broadcasted’ match would, in theory, mean an unlimited stadium capacity. Of course, depending on how a club chooses to commercialise the new technology, this could mean a drastically increased revenue stream.
Manchester City’s plans for the metaverse are reflective of its overall continuing expansion – it currently has 49 global and regional partnerships. The club has enjoyed a commercial partnership with the tech multi-national Intel since 2019 and, like other clubs, it launched crypto fan tokens in partnership with Socios last year. While this latest venture into the metaverse is yet to come to fruition, it continues to fuel the discussions surrounding digital assets as it seemingly promises increased commercial exposure, new revenue streams, increased supporter interactivity and ownership of virtual items.
Manchester City’s current project is in keeping with the developing trend toward the use of digital assets in sport and big brands such as, Nike, Adidas and H&M, moving into the metaverse. In particular, non-fungible tokens, or NFTs, are becoming an ever increasingly discussed topic within the context of football and other sports owing to their enormous commercial potential. Companies Sorare, Dapper Labs, Candy and ConsenSys have reached the final stage of bidding for licensing the Premier League’s digital assets, with bids for football collectible rights standing at between £220 million and £434 million for the next four years.
Manchester City’s cross-city rival Manchester United has also signed a deal with the blockchain company Tezos, which will be the club’s official crypto and training kit partner and may even help develop digital merchandise. At present, this trend appears only to be gathering pace, with new avenues constantly being explored in an increasingly competitive market.
Walker Morris’ Technology & Digital Group issues a fortnightly round-up summarising the latest legal and non-legal tech-related new stories. Please click here if you would like to receive this and other similar updates direct to your inbox.
Our specialists have a wealth of experience in drafting and negotiating technology contracts, sports-related and otherwise. Please contact Ryan if you need any advice or assistance in this area or in relation to any wider technology arrangements, or have any queries about the points raised in this briefing.
Head of Technology & Digital


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The roll that Tesla Motors is on seems to be never ending.
On Friday, Tesla Motors stock (TSLA) once again eclipsed a new milestone: $190.
The price for TSLA opened the day at $187.52, but peaked at $191.28.
TSLA stayed in the $190 range for most of the day.
Market cap, which is what Tesla will likely draw from to speed development of Gen III, is now over $23 billion.
At $23.09 billion, Tesla is now valued at nearly half of what General Motors is ($53.98 billion).


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By Ashley Yarchin
Chesterfield (KSDK) - Big changes for Black Friday have caused a bit of fighting out in Chesterfield, and it all happened after the city council voted to extend shopping hours to go around the clock.
It used to be that the stores would have to close at 11 p.m. Thursday and could only reopen after 6 a.m. But now they can stay open all night long. That's thanks to a six-to-one vote taken by the council Monday night.
Those who backed the proposal said they this was all part of being proactive and truly making Chesterfield a shopping destination. Don't forget, that two huge outlet malls are set to open there next summer and fall.
The councilwoman who tried to strike it down argues that her ward, which includes Chesterfield Commons, doesn't need the extra noise or traffic.
As for the shoppers, reaction was mixed.
"I think it's fine. If people are willing to go out and spend money, I think it's great for our economy. It's great that they're able to go when they want to go, and everybody can go during regular hours," said one woman.
"I just don't think it's necessary to have 24 hours of shopping. You have enough hours in the daytime. You have until nine, 10 o'clock at night to get it in and after that just be done with it. You know, there's another day," added another shopper.
So, now allowed stay open all night after Thanksgiving dinner are Best Buy, Walmart and Target as well as Chesterfield Commons, Four Seasons Plaza and Clarkson Center.
By the way, those outlet malls will also get the allowance next year once they open.


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You post a fun picture of you and the family from the holidays, and what happens? Dozens of likes, comments and maybe even a new friend request or two.
Big news breaks, and one of your friends posts an article with an interesting angle to that story, so you click to learn more.
Point is, people are engaged on Facebook.
And many are using it during the car shopping process.
According to statistics shared by PureCars chief executive officer Jeremy Anspach in a news release, 84 percent of car shoppers have Facebook, with close to a quarter of those folks using it a car research tool.
“When Jeremy started the company, it was built on this idea of relevancy and making sure we’re serving the most relevant content to consumers to have them engaged,” PureCars director of marketing Nancy Lim told Auto Remarketing.
“And not only is Facebook a platform where consumers are most engaged just generally speaking, but it’s true when they’re shopping for cars as well,” Lim continued. “We’re serving broad awareness ads as well as the VIN-level retargeting ads, and both just performed incredibly well with the relevancy that’s tied to them. they’re vehicles that the shoppers have already viewed and have already showed interest in. And we’re able to show it in an environment where they’re spending 30 percent of their time.”
Lim is referring to the SmartAdvertising Social retargeting feature the company announced Thursday. She and Anspach talked Auto Remarketing by phone Monday about the new product and why Facebook, in particular, has become such an important resource for dealers.
“I think the way the industry has addressed social to date seems to be pretty hit and miss, in the sense you get dealerships who either don’t participate much at all, or they have a firm or someone in the dealership doing posting, more from a branding perspective,” Anspach said. “And there has not been much of a social play on how do you leverage the social media platform, adding market specific vehicles.”
That’s the puzzle PureCars aims to solve with its new solution, which is an extension of the SmartAdvertising platform.
According to a news release on the product, it takes live inventory from dealers and using real-time targeting technology, it delivers vehicle-specific, VIN-level ads into the news feeds of Facebook users. SmartAdvertising Social uses car buyers’ browsing history and integrates PureCars technology with Facebook.
“The social feature is really leveraging some amazing things in the sense that now that we can market specific inventory to an audience on social, we can hit about 84 percent of car shoppers,” Anspach said. “And that’s a huge percentage. So what dealerships have been asking us for is, how do you generate more quality traffic? How do you generate more opportunities for us? And that’s what put us on to social.”
Lim added: “I think that dealers also recognize that social is a huge opportunity. And when it first came out, I think they understood that there was a huge audience there but didn’t quite know how to use it. So to Jeremy’s point, they were really just doing branding, posting things and not really thinking strategically about how to leverage it. And what we’re able to do with this new social product is serve these VIN-level ads using inventory feeds.”
Where else is Facebook handy?
There's a quote from Anspach in the news release that provides a good look at the power of Facebook in autos: “Eighty-four percent of car shoppers are on Facebook and nearly a quarter of these shoppers use the social channel as a resource during their research stage.
“Whether it’s reading reviews or getting feedback from their own networks, Facebook can impact the final purchase decision. This is why we are excited to offer social as part of our SmartAdvertising solution,” he added.
During the conversation, Lim also talked about other potential areas where Facebook can be used for dealers and automakers.
“What’s really great about Facebook is you can reach a consumer at all the different phases of the shopping process: top funnel, middle and lower funnel,” she said.
As for the dealers PureCars works with, it’s all about creating a “full-rounded strategy,” Lim said.
“They’re capturing that search traffic from people who are actively searching for whatever car they’re shopping for. And then they’re also supplementing that with display, and leveraging our display network to kind of follow that user through their online journey. I think it’s safe to say the majority of people’s online journey will eventually up on Facebook, with them spending so much time on it, that it creates that full-rounded strategy for online advertising. So, there are tons of opportunities there for dealers outside of just the branding.”
In a separate Auto Remarketing story earlier this month, we connected with Bryan Honda of Fayetteville, N.C., which used Facebook for a completely different opportunity: selling cars.
The store decided to sell vehicles in real-time directly within the Facebook platform and beta tested it on Cyber Monday. The result? Traffic was so strong, it actually overloaded the Stripe.com sales platform being used, said Bryan Honda e-commerce director Rico Glover.
“Our theory is, you put the product out first, and then you fix it. I threw the product out there, and it broke, which is good,” Glover said.
In the first hour, Glover said roughly 500 to 600 people tried to use the Stripe.com platform. But just because the system was overloaded didn’t mean these leads went to waste.
“The good thing about it is, though, I’m a trained lead provider,” said Glover. “So I have all of those contacts in my database. By the end of the day, I had over 1,000 interactions on the product. What that did is gave me proof of sale and interest, and a working model to actually launch the Facebook program in full.”
Additional Facebook insight
Beyond the PureCars news, Auto Remarketing got some additional insight on Facebook engagement levels within the auto space.
“With Facebook being a “pay-to-play” channel, brands definitely get more engagement (especially from their own pages) when they put money towards their posts and campaigns,” Heather Smith, the marketing communications manager at DriveTime, said in an email.
Smith oversees all social media for DriveTime.
“While we have a Facebook brand page, complete with local pages for each of our dealerships, with a community size of almost 28,000 fans, we’re lucky if we hit 1 percent of fan engagement without putting some money behind a campaign or post,” she added. “With Facebook’s targeting options and different ad types, we’ve definitely seen an influx in fans and engagement (clicks to website, comments/likes on a post), but it’s heavily dependent on the type of ad and how well we’re targeting the right audience for our content.”
Brandon Hoffman is the director of Internet marketing at KEA Advertising Inc., an advertising agency based in Valley Cottage, N.Y. His company does work in auto, and he said that engagement there is “extremely” strong.
“We've actually had some of our best performing campaigns using Facebook Ads as a lead generation medium,” Hoffman said via email. “As far as retargeting goes the audience is definitely very engaged and an advantage to Facebook Retargeting versus regular display retargeting through ad networks is two-fold.”
First, he said, there are the impressions and clicks you can generate, not to mention things like check-ins at the dealership, page and post likes, comments and so forth.
“So you get real social engagement in conjunction with the clicks and impressions,” Hoffman said.
Second, is the uptick in click-throughs.
“The click through rates tend to be higher, especially at the beginning of the campaign. I see around 0.5 percent click through rate on Facebook ads versus 0.2-0.3 percent on display retargeting,” he noted. “Overall the cost-per click is typically around the same as display retargeting but the CPM (cost per thousand impressions) rate tends to be higher.”


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Jeep’s rocky road
IT’S not only Jeep customers — such as the creator of the hit YouTube video “I made a mistake I bought a Jeep” — who are upset with the company’s customer service.
It turns out Jeep dealers are also unhappy with the support they get from the car giant, despite promises there has been an overhaul of the company’s customer care processes.
A top secret “dealer satisfaction” survey, which charts almost every part of the car business, puts Jeep and associated brands Fiat, Chrysler and Alfa Romeo at the bottom of the mainstream brands.
When dealers were asked about the “ability to contact (the car company) for assistance on customer inquiries”, the Chrysler Jeep and Dodge brands were last of the mainstream brands and the jointly owned Fiat and Alfa Romeo marques were second-last.
They also ranked last and second last to the following questions: “that every effort is made to satisfactorily and promptly resolve issues raised”, “free and open communication (with the car company)”, “electronic systems connecting you to (the car company)”, and, significantly, “help and guidance provided to you on improving the satisfaction of your customers”.
Jeep dealers’ satisfaction level with head office on service and technical support showed FCA brands were not only last and second last again but they also were several points lower than the next worst brands (Peugeot and Jaguar). FCA brands also ranked lowest for parts and service support, technical concerns resolution and warranty processing efficiency.
If the dealers are concerned about their support, how can they possibly help the customer?
No wonder the “I made a mistake I bought a Jeep” film clip garnered nearly 2 million views in little more than a week.
Smash hit: Teg Sethi and brother Geetraj Singh (lemon) with Sethi's Jeep, the inspiration for their YouTube video


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MidWest Gloves adds to winter lineup
Chillicothe, Mo.-based MidWest Quality Gloves Inc. introduced a new line of Cold Weather Work Gloves for men. The work gloves are designed for all cold outdoor work activities, including rugged construction jobs, farm work and more, the company said.
The new line features Thinsulate insulation lining. They sport a distinctive plaid wool overall pattern on the back, with the palms and knuckles made of a tough suede leather.
The new Cold Weather Work Gloves "look great and give the ultimate cold weather hand protection for the working man," said Stephen J. Franke, president of MidWest Quality Gloves Inc. "Again an example of the unique use of materials in the glove industry."
MidWest Gloves & Gear brand products encompass full Glove Lines of premium quality performance gloves, outdoor gloves and garden gloves.
Power tools market expected to grow through 2023
The global power tools market is expected to grow at a compound annual growth rate of 4.6% between 2017 and 2023, to reach $35.58 billion by 2023, according to a report from Infiniti Research Limited.
Key factors driving growth include urbanization, a growing construction industry, increased sales of commercial vehicles, and a rising demand for cordless tools. Hindering market is the cost associated with maintaining power tools, the report says.
North America is expected to hold the largest market share during the period, driven by the growing construction industry and rising automotive sales in this region.
The increasing popularity of the DIY trend among consumers is driving growth of the power tools market for residential/DIY applications while remodeling and renovation projects are growing at a faster rate than new construction projects.
The full report can be viewed and downloaded here.
Jeld-Wen holding secondary offering of common stock
Shareholders of Jeld-Wen, the Charlotte, N.C.-based door and window manufacturer, will offer 12.5 million shares of common stock in the company with an overallotment option for an additional 1.875 million shares.
The total being offered is worth nearly $520 million. However, Jeld-Wen is not receiving any proceeds from the sale, according to an SEC filing by the company.
Barclays, Citigroup, Credit Suisse, JPMorgan Chase, Baird and Goldman Sachs & Co. are the underwriters of the offering and have a 30-day option to purchase from the over-allotment option of shares. Bank of America Merrill Lynch, Deutsche Bank Securities, RBC Capital Markets and Wells Fargo Securities are acting as co-managers in the offering.
Last week Jeld-Wen reported that third quarter 2017 net revenues increased 6.3% to $991.4 million, while the manufacturer’s net income for the quarter increased 11.3% to $51.3 million.


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TreeHouse Foods must strategize about how to compete in e-commerce.
The impact of e-commerce
Mr. Reed said that with TreeHouse Foods’ growth through innovation and acquisition over the years the company has the same capabilities as most branded companies with the exception that TreeHouse’s customers are the ones that own the brands. Yet like the company’s branded competitors, TreeHouse Foods must strategize about how to compete in e-commerce.
“If you look at the totality of e-commerce in consumer products, food is really a small amount of that total business,” Mr. Reed said. “But the estimated amount of food going through e-commerce is equal to the total growth of consumption year after year.
“So, it’s got a small share, but it is clearly where there is growth. We have entered it through beverages, through single-serve coffee and single-serve cups of non-coffee items like cocoa and cappuccino. Now specialty tea has become a huge business for us.”
Despite a lack of reliable data about food sales in e-commerce, Mr. Reed said he believes TreeHouse Foods is well positioned to compete in the e-commerce channel.
“The data indicate that of people who buy food on-line, 61% of the purchases involve a beverage, 60% involve a snack, (and) a high 40s is for either cereal, pasta or grain products,” he said. “Those are the top three categories, condiments are fifth and we have a big business there. So we believe that as there is a business there we have a product line that will work.”
He added that while competitors such as Amazon and other e-tailers are emerging and increasing competition in the marketplace, one of the things that has not changed is the “heavy capital in plants and processes” required to manufacture the products.
“That is still running the same,” Mr. Reed said. “And we have that.”
TreeHouse Foods is currently selling its own brands through e-commerce. Mr. Reed noted that many companies in the market are still in a formative stage and have yet to develop a strategy around whether they want to develop their own brands. He added that traditional retailers will adapt as well.
“I think grocery stores will devote more space, more capability, greater product lines to e-commerce and amalgamate their perimeter, deli, bakery, the specialty foods sections, to create a meals-on-the-go business for consumers who can use digital technology to either swing by the store on the way home or have it delivered by the store.
“The retail business is fiercely competitive at creating new things all of the time, and I don’t see that changing.”


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“Earlier, Maharashtrians staying abroad worshipped idols made from plaster of Paris (PoP). However, since the last couple of years, the trend has shifted to worshipping clay idols,’’ managing director of Grahak Peth, Suryakant Pathak said. Sunita Kulkarni was the first customer of Grahak Peth this year to send idol to her relatives in China.
Pathak said awareness about eco-friendly idols was growing. Grahak Peth had had kept only 100 PoP idols this year, which could not all be sold. However, all 4,000 clay idols were sold out before Ganesh Chaturthi, according to Pathak.
Guruprasad Enterprises, which claims to have made shadu idols following the rituals in the holy books, exported 60 idols. Their idols were mainly sent to Russia, New Zealand, US, Australia and England, according to manager Sachin Tagade.
“There are clear indications about making idols for Ganesh puja in our shastras. We are keen on following this. Demand poured in from other countries for shadu idols, thanks to the awareness among people,’’ said Tagade.
However, exporting shadu idols is a challenge. Expert packing is needed to avoid damaging the idols which are comparatively delicate. Vasant Desai of Desai Bandhu Ambewale said they had been exporting a limited number of shadu idols as it is risky.
“Exporting PoP idols is easy as the idols are tough and can be packed easily. But we need expert packing for shadu idols,’’ said Desai.
Grahak Peth tied up with Fairdeal Couriers last year to export the idols. Pathak said considering the increasing demand from local families with NRI relatives, they had tied up with the courier service to ensure safe delivery of the idols.
Sachin Tagade said, “We are involved only in sale of shadu idols. Hence, we concentrate on special packing. These idols have to be handled with care. Also, exporting these idols is costlier.’’


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The article is about the latest technological and scientific findings
1. More than450,000 yahoo email address and passwords have been leaked because of theft. They were leaked because of a security breach.
2. SOPA comes back stronger
Stop Online Piracy Act(SOPA) has made a come back and its back in business. Lamar Smith is reanimating SOPA bit by bit Intellectual Property Attaché Act
3. Gadgets becoming Waterproof
They have created a waterproof case to put your smartphone in during your swim and its called the Dry Case
4. In the U.S it seems that the Ipad is beating the P.C
The sales has reduced for the computer as their have been sagged down by the tablet of Apple as their sales have improved.
5. New galaxies have been seen by the scientists using the hubble telescope and have been named as the ghost galaxies
6. A new pre historic turtle has been found in the northwestern south America.


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Cross-platform play would be great for a game like FIFA, and the developers agree.
FIFA 19 will not have cross-platform support on any of the different platforms it'll be available on, but that doesn't mean EA Sports haven't looked into the possibility before.
FIFA players have be calling for some form of cross-platform compatibility for years, particularly when it comes to FIFA Ultimate Team. The mode, which allows players to build teams of footballers bought on the market or found in randomised boxes, should really allow players to carry over their purchases and squads across consoles.
"It's something we've looked at, and it's something we often talk about," creative director Matt Prior told Eurogamer at E3.
"There are a lot of issues to work through. I'm trying to be diplomatic here! There are a lot of issues to work through with various first parties. But Fortnite does that now with PC to consoles.
"From a consumer standpoint, it makes the community that much broader, which makes it that much more compelling."
Fortnite's example is proof the developer is considering it, because Epic Games showed everyone that something which would have been unthinkable a few short years ago is actually possible.
"I'm not making any promises. But you've seen that [cross-platform play] happen for the first time very recently. If you'd asked me that a few years ago I'd probably have said, 'it's not going to happen. We'll monitor and see.' I think it would be a net benefit to the users," added Prior.
FIFA 19 is out September 29 on PC, PS4, Xbox One, and Switch.


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The Daily Mail City Team explains what the 'Conference Board' is - a forum representing large businesses from around the globe.
A forum representing big businesses from around the world. It was founded in the U.S. in 1916.
Is it important?
It provides useful networking opportunities for executives, as well as lashings of economic research.
The Conference Board's indicators have been unremittingly gloomy of late.
What do they show?
The 'leading economic index' for Britain collates seven important health indicators that provide a gauge of the growth outlook.
This has now been declining steadily for a year and a half.
Any green shoots?
Nope. The duration and depth of the decline are not as grim as in the recession of the early 1980s, but the data 'does not provide any recovery signal', the Board declared bluntly yesterday.
Why should I believe it?
The Conference Board reckons it has successfully pinpointed the turning points in the UK economic cycle since the 1970s.
And it has some distinguished alumni. Alan Greenspan started his career there. Although given the former Fed chairman's diminished reputation, perhaps that's one connection the board would now prefer to play down.
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L Brands on Wednesday said in a press release that second quarter sales dropped to $2.90 billion from $2.98 billion in the year-ago quarter.
Overall comparable sales (including e-commerce) fell 1% from a year ago, with Victoria's Secret comps falling 6% as Bath & Body Works comps rose 8%. In physical stores alone, overall L Brands comps fell 4% year over year, as Victoria's Secret tumbled 9% and Bath & Body Works rose 4%.
Second quarter net income plummeted to $37.6 million from $99 million in the year-ago period, as operating income fell to $174.6 million from $228.1 million last year.
Victoria's Secret has responded to market demand for prettier, less sexy styles, and the brand maintains strong loyalty among many consumers. But it hasn't yet turned the page in a playbook that appears to be losing share.
"Among existing customers of Victoria's Secret, we believe the changes have been well received," GlobalData Retail Managing Director Neil Saunders said in emailed comments. "However, one of the issues is that some shoppers are still drifting away from the brand and, as of yet, Victoria's Secret has not won back much of the trade that it has lost over the past few years."
A failure in its brand message is a major problem, according to Saunders. Case in point, its annual fashion show, which L Brands has removed from network television but reportedly may still hold in some iteration, according to Women's Wear Daily. At least one Victoria's Secret model has said otherwise.
"The lack of clarity about whether or not the show will go ahead underlines the fact that Victoria's Secret still doesn't have a clear view as to what it actually wants to stand for, let alone how it will go about executing such a change," Saunders warned. "Until such clarity emerges, we believe performance will continue to suffer. The brand is still not connecting and resonating with large swathes of its target market. Indeed, in our view, Victoria's Secret continues to be tarred with the negative connotations that surround its overt sexuality and its focus on airbrushed glamour."
The company could be in the early days of a new marketing strategy, in light of the departure of longtime marketing chief Ed Razek. He did little to further the lingerie brand's evolution in controversial comments last year about transgender models and about a digitally native lingerie brand stealing some of its sales.
The brand has a new CEO as of early this year, John Mehas, formerly president of Tory Burch. He could perhaps find a clue to a Victoria's Secret transformation at L Brands' own Bath & Body Works unit, whose success Saunders says "stems from the fact that the team is much more attuned to the market and consumer trends than is the case at Victoria's Secret."
Bath & Body Works offers a broad range of products at affordable prices, with regular promotions (a signature of L Brands CEO Les Wexner). "The company's wholesome brand image and its focus on small indulgences is paying real dividends," according to Saunders.
The lingerie brand's woes, by contrast, are disconcerting analysts and investors. Moody's Investors Service earlier this year downgraded L Brand's outlook from "stable" to "negative," in part on concerns that Victoria's Secret's sales and profit "trends may remain weak," and that the company can ill afford any downward movement from its well-performing Bath & Body Works unit. In March, activist investor Barington Capital criticized L Brands' failure to update Victoria's Secret's merchandising and marketing as bad for business.
L Brands pushed back on that, asserting in its reply that it "has made significant changes in its business to focus resources on core categories to enhance performance and accelerate growth," including offloading Henri Bendel and La Senza, and making management changes, among other moves.


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Wellington Launches New Domestic Visitor Campaign
Wellington Launches New Domestic Visitor Marketing Campaign
New Zealand fell in love with ‘Have a Love Affair with Wellington’. Now Positively Wellington Tourism is launching the next iteration of its domestic marketing campaign, inviting New Zealanders to ‘Spoil Yourself in Wellington’.
A new television commercial forms a central part of the campaign, and first airs tonight on TVONE during One News. Like with ‘Have a Love Affair with Wellington’, the new advert promotes Wellington through telling a story, and taking viewers on a journey.
“The new campaign reflects a need for Wellington to keep its marketing new, and keep giving New Zealanders reasons to come and visit Wellington,” says Sarah Meikle, General Manager Marketing at Positively Wellington Tourism.
“The domestic visitor market is increasingly important, at a time when the tourism industry faces challenges such as a slowing global economy and rising fuel costs,” says Sarah. “We want to ensure Wellington is top of mind, when New Zealanders are thinking about a short break.”
The domestic market forms Wellington’s largest visitor market, bringing in $557 million to the local economy each year. The city continues to see positive market growth, with domestic guest nights increasing by 18% from year end May 2005 to year end May 2008 (Statistics New Zealand: Commercial Accommodation Monitor).
“We believe Wellington’s domestic marketing programme has had a large role to play in this market growth,” says Sarah. “Our ‘Have a Love Affair with Wellington’ advert struck a chord with New Zealanders, and we hope that ‘Spoil Yourself in Wellington’ will do the same.”
The television advert showcases some of Wellington key attributes, including its compact downtown area, cafes, arts and culture, and shopping. But it presents Wellington in a whole new light, with an element of play and fun. Its central premise is that Wellington has unique gifts for everyone, and it’s an ideal destination in which to spoil yourself.
“Our consumer research at the start of the creative development process showed that our audience identify with the idea of getting away from day-to-day responsibilities, and enjoying a weekend break The concept of ‘play’ was a very strong motivator for travel,” says Sarah.
Events will continue to play a major role in Wellington’s domestic marketing campaign, as they are a key driver of New Zealand visitors.
Positively Wellington Tourism invests $2 million in its domestic marketing campaign, on an annual basis. Funding comes from the Wellington City Council, and private sector partnerships with Air New Zealand, Te Papa, and 22 Wellington hotels.


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WEST MIFFLIN, Penn. (KRON) – The woman who was sought by police after allegedly urinating on potatoes at a Walmart last week has turned herself in to authorities.
According to the West Mifflin Borough Police Department, 20-year-old Grace Brown is facing multiple charges including open lewdness, public drunkenness, criminal mischief, and disorderly conduct.
Brown had no comment Tuesday as entered the police department in West Mifflin with her lawyer.
“Obviously this is a regrettable situation for Miss Brown. She’s embarrassed, she’s a young woman that made a mistake but she’s going to address whatever issues she may or may not have and she’s going to move forward,” her attorney Casey White said.
Walmart released a statement saying it is committed to customer safety and that it disposed of the affect products and sanitized the area.
- South Greene nabs Hardee’s title, other squads shine on Saturday
- Tennessee rolls over Western Kentucky for season-opening win
- ETSU holds off Longwood for season-opening victory
- Storm Team 11: Rain moves in Sunday night ahead of winter cold, wind and some snow
- Jonesborough shops open their doors for Small Business Saturday


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Consumers take it for granted, but the fruits and vegetables they see in grocery stores are the best of the lot. Tons of perfectly edible produce doesn’t make it to stores and is instead thrown away each season simply because the... Read more »
In virtual reality games you can choose an avatar, leave your couch potato body behind, and appear instead as a rugged explorer or a monster roaring to defend its turf.
Pretty soon, you might be able to let your emotions show... Read more »
A $40 million transfusion led by Frazier Healthcare Partners and Denmark’s Novo A/S is bringing fresh life to a Michigan biotech working to advance a new experimental drug for treating a type of non-alcoholic fatty liver disease.
As part of the... Read more »
Hearing loss, which affects millions of Americans with no effective drugs to fight it, has become a ripe field for biotech investment. The latest example is Frequency Therapeutics, which sprung from MIT earlier this year and has just corralled a big... Read more »
OncoMed Pharmaceuticals got a double dose of bad news on Monday. For the second time, one of its stem cell drugs has failed to help pancreatic cancer patients. And what’s more, partner Bayer has passed on options to two of its... Read more »
Soci, a San Diego startup that created a Web platform for managing social media, has closed on $8.5 million in Series A financing that will be used to build on the company’s recent growth, including a second office in Austin, TX,... Read more »
Russian hackers reportedly used a barrage of “fake news” items to distract and confuse voters in the 2016 U.S. presidential election—crowding out genuine information that could better guide their decisions.
Data security analysts are already familiar with a similar tactic used... Read more »
In the nation’s capital, healthcare and life sciences were on center stage. Or stages, actually. On Capitol Hill, FDA commissioner nominee Scott Gottlieb, the drug industry’s favorite pick, told senators his extensive industry ties wouldn’t cloud his judgment or create conflicts.... Read more »
[Updated 4/6/17, 7:42 pm. See below.] Consumers who aren’t squeamish about spitting into a tube and sending it to a lab can now have 23andMe test those samples to assess their risk of developing Parkinson’s, Alzheimer’s, and eight other... Read more »


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Lily Allen and Emma Bunton pay their respects to fashion designer Richard Nicoll, 39, after he dies of a suspected heart attack
- The late fashion designer passed away in Sydney, Australia
- Allegedly died in St Vincent's hospital in the early hours
- Famous faces have paid their respects on Twitter
Esteemed fashion designer Richard Nicoll has died aged 39.
The late fashion designer passed away in Sydney, Australia, in the early hours of Friday morning, and is believed to have died from a sudden heart attack, according to Vogue.co.uk.
It has been reported emergency services were called to his apartment in Australia's Kings Cross district and rushed him off to St Vincent's hospital where he allegedly died.
Esteemed fashion designer Richard Nicoll has died aged 39 - and many famous faces have taken to Twitter to pay their respects
The police are reportedly not treating Richard's sudden death as suspicious.
The former Topshop creative mastermind – who founded his eponymous fashion label and debuted his collection at London Fashion Week in February 2006 – recently decided to put his namesake brand on hold to return to Australia.
Richard boasted a successful career at the helm of the fashion industry ever since he completed his MA at Central Saint Martins in womenswear in 2002, which saw him go on to work with fashion houses such as Marc Jacobs, Louis Vuitton, Fred Perry and Cerruti.
Richard was also set to begin on a number of projects and was in the midst of taking over as creative director at Adidas in Germany in the New Year.
The former Topshop creative mastermind – who founded his eponymous fashion label and debuted his collection at London Fashion Week in February 2006 – recently decided to put his namesake brand on hold to return to Australia
The police are reportedly not treating Richard's sudden death as suspicious
But his talent as a designer has not gone unnoticed, as a number of celebrity clientele have paid tribute to the star.
The 40-year-old singer and Spice Girl band member, Emma Bunton, took to social media to pay her respects to the late style muse.
She wrote: 'Spice Girl Emma Bunton said: 'Such sad news about Richard Nicoll, I met him way back when he was at central saint martins, a beautiful soul. Thinking of his loved ones. (sic).'
Whilst fellow musician Lily Allen has admitted she feels 'privileged' to have known Richard.
She wrote: 'Really sad to hear about the passing of Richard Nicholl. Privileged to have known him and to have worn many of his beautiful creations. (sic).'
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Stories Below come from our Media Partner 3BL Media - Click their logo or any of the stories for more information
Corporate Governance, News and Updates on Corporate Governance
Before the late-2001 financial implosion at Enron " Fortune's 7th largest of the famed 500 " resulted literally in the disappearance of that Houston-based corporation, and before the largest corporate bankruptcy filing in history " WorldCom in 2002 " few people in the United States regularly used the term "corporate governance."
News & Updates
Volkswagen AG’s efforts to make its biggest division more competitive fell short as the namesake VW brand’s profit margin dropped further behind those of rival European carmakers in the first half.
July 28, 2016 Reflections On Proxy Season 2016Source: Forbes
Proxy Advisors seem to be feared or revered. This year, with the major provisions of Dodd Frank on the path of implementation, I thought it would be enlightening to spend time with one of the most respected voices in corporate...
July 28, 2016 Fiat Chrysler ending car production in U.S.Source: USA Today
Fiat Chrysler is winding down production of the Chrysler 200 and Dodge Dart and will primarily produce Jeep SUVs and Ram pickups in the U.S. The company's remaining car models will be made in Mexico or Canada.
Research & Insights
July 28, 2016 Highest paid CEOs generate sub-par performanceSource: Houston Chronicle
Promising a CEO a big payout doesn't generate big profits, according to a new study by financial analytics firm MSCI.
June 27, 2016 Ethics dilemmas may hold back autonomous cars: studySource: Japan Today
The looming arrival of self-driving vehicles is likely to vastly reduce traffic fatalities, but also poses difficult moral dilemmas, researchers say in a study.
Source: NBC News
Americans now spend more money dining out than on groceries — and we generally like what we get for our money when we eat out, according to the new American Customer Satisfaction Index restaurant report released on Tuesday.
Commentary & Opinion
Much ink is spilled in denouncing how much money CEOs of large companies are paid these days. But there is a simple answer to all of this which is that CEOs are paid a lot because CEOs are worth a lot
June 27, 2016 Another Step Backward for Nuclear and the EnvironmentSource: Geoffrey Styles, Energy Outlook
I don't normally do breaking news, but today's announcement by PG&E and a coalition of environmental groups on retiring the Diablo Canyon nuclear power plant in California within 8-9 years merits immediate comment.
June 17, 2016 Beware the Arc of HistorySource: Larry Checco
Since time immemorial civilizations and empires have existed on finite arcs of history—rising from humble beginnings, soaring to pinnacles of glory then slowly or rapidly declining into extinction or, if lucky, into more benign...
Special Focus Book
Strategic Governance - Enabling Financial, Environmental, and Social Sustainability
A new book by Hank Boerner and Mark Sickles of the Governance & Accountability Institute. Click here for more information.
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200 unclaimed containers from China to be auctioned
|Vietnam, China co-chair 18th East Asia Forum on December 10|
|Top leaders of Vietnam, China agree to step up result-oriented cooperation|
|Vietnam, China promote negotiation on delimitation of sea areas beyond Gulf of Tonkin|
|Container trucks enter Vietnam at the Kim Thanh Border Gate No.2 with China in the northern province of Lao Cai in February 2020. Photo: VnExpress|
Vietnam Customs will auction 200 containers, many of them with counterfeit goods from China, which have remained unclaimed for four months.
Individuals and businesses have expressed interest in buying them, but customs authorities are determined to publicly auction them, customs chief Nguyen Van Can said at a recent meeting.
In September, authorities had seized the containers at the Kim Thanh International Border Gate in Lao Cai province and found items such as clothes tagged with ‘Made in Vietnam’ labels and knockoffs of popular brands like Gucci and Adidas, according to VnExpress.
|Kim Thanh International Border Gate in Lao Cai province. Photo: VNA|
There were also used electronic items such as amplifiers, speakers and air conditioners, whose imports are prohibited.
Cosmetics, chicken feet, cookies, and traditional Chinese medicines, products that need to meet certain conditions to enter Vietnam, were also found.
Data from the Vietnamese Ministry of Industry and Trade show that the two countries’ trade reached 117.09 billion USD during January-November, including 43.145 billion USD of Vietnam’s exports to (up 16 percent year on year) and 73.945 billion USD of imports from China (up 7.9 percent).
Vietnam now ranks seventh in the world and first in ASEAN among trading partners of China, VNA reported./.
Police of the central province of Quang Binh recently seized 308.6kg of crystal meth, the largest single amount confiscated in the province so far.
Deputy Prime Minister Vuong Dinh Hue called on the Chinese side to facilitate customs clearance of Vietnamese agricultural products, including lychees, while addressing an economic ...
Vietnam and China see huge potential for cooperation in economy, trade and investment, experts said at a trade exchange and seminar between the two countries ...


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An animal-free supply chain. Plant-based fiber. Low-carbon packaging. What sounds like a Gen-Z shopper’s wish list is increasingly powering food and beverage transactions and valuations, as public markets and private acquirers chase demand for snacks that are as good for the waistline as they are for the planet. Private equity firms, like Blue Point Capital and L Catterton, and corporations like Cargill and Mondelez are leveraging the trends, as Mergers & Acquisitions explores in this feature from our May issue.
Pandemic-fueled snacking is still a demand driver for acquirers, say dealmakers, but the definition of “comfort food” is growing to include products that taste good to both the palate and the conscience. And crucially, the sector’s most-watched deals are now fueled by the perceived healthiness of ingredients, even within nutritious product lines.
“Better-for-you and plant-based are big themes,” said John LeMay, a partner at Blue Point Capital’s Cleveland office.
But all health foods are not created equal. Nutritious inputs matter to customers, and increasingly, to PE and strategic acquirers, said Christopher Nolan, managing director at Dresner Partners investment bank. Whether a granola bar contains milk-derived whey or pea protein could mean the difference between an average multiple and one with “flex.”
Take Oatly. With its grain-based signature product, it’s everything Millennials and Gen-Z want in a “milk.” The Sweden-based beverage company avoids the carbon emissions of factory farming and is vegan — the holy duo in a market growing secularly towards health and social consciousness.
The firm’s anticipated initial public offering is reportedly heading towards a $5 billion valuation only months after a July funding round pegged it nearer $2 billion — an “extraordinary” level, LeMay said.
Buyer interest is now focused on industry players that differentiate products based on ingredients to capture customer health, allergy, and niche preferences, Nolan said. The potato chip producer that innovates by releasing a new flavor could see a lower valuation than one that scraps the potato, for, say kale or squash.
Blue Point Capital’s 2019 acquisition of nutritious play Country Pure Foods is instructive.
“Country Pure has a growing presence in plant-based beverages, including almond and oat milk, and there are terrific tailwinds in those sectors,” LeMay said. “Another asset we own is Perimeter Brands. Its core product is fresh salsa, playing off the healthier snacks trend, and is a relatively clean-label product with a better-for-you ingredient deck.”
That earlier riff on pea vs whey protein is not just theoretical. The protein category remains attractive for buyers, said Josh Benn, head of Americas M&A and global head of consumer corporate finance at Duff & Phelps, a Kroll business. And the market offers an opportunity for niche players to build share, given the predominance of whey-based protein in after-work-out protein drinks like Muscle Milk and GNC’s Pro Performance, Nolan said. Consumers with milk allergies or a preference for vegan options could pay a premium.
“That’s a very important food ingredient, pea protein,” Nolan says. “You couldn’t have Beyond Meat burgers or the fastest growing non-dairy protein supplement bars without pea protein.”
Companies including Puris and Hippeas have already attracted backing from serious strategics. Cargill invested $75 million in textured vegetable protein maker Puris to bring its total investment to $100 million in 2019.
“I think the broader snacking theme is here to stay,” LeMay said. “It’s driven by sustainable changes in eating habits and is evolving towards healthier options in those snacking events.”
Private equity is circling snack names with the same sector tailwinds, while strategics shift to rebalancing portfolios now seen as overstocked with calories. “My sense is, strategic buyers are quite active right now and there’s a lot of portfolio re-setting,” LeMay said.
LeMay pointed to Mondelez’s 2019 acquisition of a majority stake in Perfect Snack owner Perfect Brands as a zeitgeist transaction: the maker of Oreos and Cadbury eggs acquired organic, non-GMO clean snacks in the deal. Meanwhile, Kraft Heinz sold its U.S. natural cheese business last year to Groupe Lactalis in a bid to rationalize its own portfolio.
Private equity-led transactions are also heating up, said Dresner’s Nolan. Sponsors that previously focused on lining up Paycheck Protection Program loans and devoting resources to managing their portfolio companies during the early stages of the pandemic have begun to pivot back toward acquisitions, he said.
While sponsor-led acquisitions constituted 8 percent of food and beverage deal volume in 2020 as a whole, approximately 13 percent of 4Q20 food and beverage transactions featured private equity, according to data gathered by Capital IQ and presented by Dresner Partners.
“PE buyers were back in the saddle and getting deals done at a pretty good pace and at a pace higher than they did in the earlier parts of 2020, and even more aggressively than they did since 2015,” Nolan said.
Pent up demand for takeover targets and outperformance in certain subsectors like better-for-you and frozen foods could be a recipe for high deal multiples. As ever, Nolan expects assets with strong brand recognition, growth prospects, and cash flow to feature highly on the list of potential targets.
Sector valuations are generally strong, even in categories that have shown softness in the past, said Benn. One such category is sauces, as McCormick’s $800 million acquisition of Cholula Hot Sauce’s parent company from L Catterton clocked in at a solid 8.3 times revenue, Benn noted.
A Tale of Two Pantries
The pandemic has created complicated demand dynamics across other food and beverage categories.
Frozen food sales rose substantially as home dining replaced trips to restaurants, a trend that might create a reliably strong customer base, Nolan argued. Older consumers, in particular, could become loyal category buyers after noticing meal variety and flavor profiles have improved substantially over offerings available a decade ago.
Moreover, it might be difficult to avoid a bullish case for frozen food M&A, given recent performance. Frozen pizza alone had its best year in nearly a decade: year-over-year sales clocked in at almost $1 billion higher, or 19.0 percent above the prior year, Nolan noted.
Food and beverage has historically been an attractive sector for private equity buyers, said Benn. Stable demand and cash flow will continue to draw takeover interest.
Consumers financially impacted by Covid are likely to continue to provide stable demand for frozen food, Benn said. But the category as a whole could see declining interest, as less impacted customers begin to substitute restaurant outings for at-home meals.
Indulgences might have gotten a benefit during the pandemic, Benn said, “But we should be cautious on those sectors. People are worried that given the ‘pandemic 15 pounds,’ people will be focused on health and eating better-for-you categories.”


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Conagra Brands Inc., of Fort Madison, IA, is recalling more than 2.5 million pounds of canned meat and poultry products because of a packaging defect that may cause the products to become contaminated without showingContinue Reading 2.5 million pounds of Kroger, Great Value, Goya, and more brands of canned meat recalled over packaging defect
Wild Cajun Meals LLC, of Garland, TX, is recalling approximately 18,418 pounds of frozen, fully cooked jambalaya and gumbo products that were produced without the benefit of federal inspection, according to the U.S. Department of…Continue Reading Jambalaya and gumbo products recalled over lack of inspection
Daniele International LLC, of Mapleville, RI, is recalling 52,914 pounds of ready-to-eat (RTE) sausage products because of Listeria monocytogenes contamination, according to a U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announcement.
FSIS…Continue Reading Ready-to-eat sausages recalled after inspection finds Listeria on production surfaces
The Maryland Department of Health (MDH) is warning consumers not to eat enoki mushrooms produced by Shandong Youhe Biotechnology Co Ltd. in Shandong Province, China, because they have been traced to an outbreak of Listeria…Continue Reading Testing finds Listeria on another brand of enoki mushrooms traced to outbreak
1228300 Alberta Ltd. is recalling Mother Dairy brand Paneer Fresh Cheese because of generic E. coli.
According to the Canadian Food Inspection Agency (CFIA), the recalled products were sold in Alberta, Ontario and Quebec, Canada.…Continue Reading Paneer cheese recalled in Canada over E. coli
Almondy is recalling certain Almondy chocolate cake with Daim because a metal object has been found in a cake.
According to the company announcement posted by the FDA, these products were only distributed to IKEA…Continue Reading Chocolate cake sold at IKEA recalled after metal found in product
Church Brothers, LLC and FreshPoint South Florida, Inc. are recalling parsley imported from Mexico because of Salmonella contamination.
According to the FDA, both recalls were initiated on Dec. 12, 2022, and are ongoing
Church Brothers…Continue Reading Parsley imported from Mexico recalled by multiple firms over Salmonella contamination
Aliments Tousain Inc. is recalling Dubon brand Mixed Forest Mushrooms because of insects and mold.
The recalled product was sold in Quebec, Canada, according to the Canadian Food Inspection Agency.
There is concern that consumers…Continue Reading Mushrooms recalled over presence of insects and mold
Summer Fresh Salads Inc. is recalling Summer Fresh brand and Compliments Naturally Simple brand hummus because of pieces of plastic in the product.
The recalled products have been sold in Alberta, British Columbia, Ontario and…Continue Reading Hummus recalled in Canada over plastic in product
Officials with the Food and Drug administration are doubling down on their warning against certain enoki mushrooms because the Centers for Disease Control and Prevention have confirmed another patient in a Listeria outbreak.
The public…Continue Reading Another patient confirmed in outbreak traced to enoki mushrooms; FDA renews warning


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Massimo bottarga and Lara’t Gilmore celebrating the I’m either drinking Dr. Pepper about to drink Dr. Pepper Shirt osteria francescana for winning first place at the xvi edition of the worlds 50 best restaurants 2018 awarded by Stefano marini. Award-winning actress Faye Dunaway stars in the Gucci Sylvie campaign shot by Petra collins together with singer-songwriter and actress Soko creative director Alessandro Michele art director Christopher Simmonds. Inspired by eccentric personalities who are passionate collectors of paintings antiques and rare objects the new Gucci collectors campaign features the Gucci Sylvie leather pumps embellished by the same hardware that defines the bag collection discover the Gucci fall winter 2018 collection on Gucci com _guccicollectors photographer glen luchford creative director Alessandro Michele art director Christopher Simmonds
Christmas Gift: I’m either drinking Dr. Pepper about to drink Dr. Pepper Shirt, hoodie, sweater sweatshirt, long-sleeve For Men and Women
Rosenstein, there’s no allegation in this document that any American citizen committed an I’m either drinking Dr. Pepper about to drink Dr. Pepper Shirt crime there’s no allegation that the conspiracy changed the vote count or affected any election result. Bibo HK collects contemporary art from the likes of Damien Hirst kaws and Banksy building the restaurant around their work around the corner from the restaurant in a market photographer martin parr discovers a vintage poster for time to parr pictured with the g timeless watch read more on Gucci com _timetoparrasia. A cardigan with square g motif and the Gucci vintage logo t-shirt worn with silver jewelry pieces from Gucci pre-fall 2018 by Alessandro Michele discover more on Gucci com danslesrues_
Premium Christmas Presents Tank-top, Ladies Tee, V-neck, I’m either drinking Dr. Pepper about to drink Dr. Pepper Shirt for Boy and Girl
Playing in Gucci collectors the I’m either drinking Dr Pepper about to drink Dr Pepper Shirt fall winter 2018 campaign shot by Glen luchford featuring shoes from the new collection by Alessandro Michele including the low top sneaker with web stripe and leather slides with my Yankees embroidery read more through link in bio art director Christopher Simmonds Gucci MLB. We went back to the news archives we found a Washington post story in 2008 detailing how Rick Davis brokered a meeting between Oleg Deripaska an oligarch close to Putin and McCain just like a meeting was attempted to be brokered between Deripaska and trump rick Davis of Davis mana for a lobbying firm which still is up and running in the Washington area rick Davis sets up a meeting between the Russian oligarch close to Putin and john McCain. Born in England martin parrstudio’s homeland has been a core subject throughout his career for the time to parr he documents daily routines like pushing a street crossing button text by kyle Chayka read more.


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Not Going to Thanksgiving? Jose Cuervo Wants to Help (by Sending a Life-Size Printed Cutout of You to Dinner Instead)
With coronavirus cases surging to record levels across most of the U.S., the Centers for Disease Control and Prevention and other public health officials are advising extreme caution for the Thanksgiving holiday. That includes maybe just sitting this year out rather than traveling or gathering indoors.
The whole thing is a bummer, sure. But Jose Cuervo has a solution: If you can't physically go to Thanksgiving dinner at Meemaw's house this year, why not do the next best thing and send a life-size printed cardboard cutout of yourself instead?
That, my friends, is exactly what the tequila brand plans to do. Through its new "Cuervo Doppeldrinker" promotion, reposado fans can complete a three-step entry process for a chance to have their cardboard doppelganger created and shipped to the address of their choice in time for Thanksgiving dinner.
Step one: Submit a high-resolution photo of yourself "holding your favorite drink" (which we assume means Jose Cuervo). Step two: Enter the address to which you want your cutout shipped. Step three: Wait and see if you're selected. That's it.
Check it out:
"Make holiday memories even if you can't make it home," the contest page reads. "Send your loved ones a Cuervo cocktail-carrying cutout of yourself and celebrate the season together. Your lifelike Cuervo Doppeldrinker will make it feel like you’re with family and friends this season, even if you’re not!"
Look, nothing beats Thanksgiving dinner. The golden-brown turkey, the mountain of mashed potatoes, the weird green stuff in the casserole dish that you can't identify but you eat three servings of anyway. That's before you even factor in the post-meal nap or the leftovers. There's no away around it: Missing all that stinks.
But think of the positives! You get to skip the travel and enjoy a relaxing dinner at home, while your cardboard cutout is forced to watch the Lions game and listen to Uncle Frank talk about the latest bombshell news he read on Facebook. That's not a bad deal.
We've seen some brands having fun and getting creative with Thanksgiving promotions. Budweiser, for example, had that ingenious locking leftovers box to keep your stuffing safe from scavengers. But Jose Cuervo's cutouts are notable in their use of custom printing, similar to what we saw from Major League Baseball and other pro sports leagues, but for promotional purposes.
The Doppeldrinker video above already has close to 700,000 views on YouTube, so it's safe to say this promotion is already a success. Everything else is just (wait for it) ...


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Rebellion's popular gun game, Sniper Elite V2, is heading to Nintendo's Wii U system in the Spring. Publisher 505 Games made the announcement today, adding that the game will include a number of GamePad-related enhancements.
Chief of these is the ability to tag enemies and place traps in the game world using the GamePad touch screen. You'll also be able to track enemy locations and keep an eye on the blast radius of planted explosives. It's these features that 505 hopes will add more interactivity and deeper immersion to the core game.
Of course, Rebellion is pretty happy that it's able to work on the Nintendo platform. CEO Jason Kingsley said, "Sniper Elite
is just the kind of mature game that is perfect for the different mechanics of the Wii U. It?s been a challenge to get it right, but thanks to our team and the fantastic support of our partners at 505 Games we believe we?ve brought the unique gameplay to a whole new platform."
Mature? Nintendo console? Has the world gone made? Maybe not. Are you looking forward to this, readers?Read more in SPOnG's Press Release section


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J.C. Penney Company, Inc. (NYSE:JCP)’s price target has been raised from $15 per share to $18 per share by analysts at JPMorgan. The firm’s Broadlines Retailing, Apparel & Footwear team issued a report to investors detailing the retail industry as a whole.
Reasoning Behind J.C. Penney Increases
Analysts Matthew R. Boss, Anne McCormick and Michael J Joyce said they raised their 2015 earnings before interest, taxes, depreciation and amortization estimate from $761 million to $924 million. As a result, their raised their price target to reflect 6.5 times that new value.
The latest Robinhood Investors Conference is in the books, and some hedge funds made an appearance at the conference. In a panel on hedge funds moderated by Maverick Capital's Lee Ainslie, Ricky Sandler of Eminence Capital, Gaurav Kapadia of XN and Glen Kacher of Light Street discussed their own hedge funds and various aspects of Read More
They said this year is all about stabilization for the department store chain. Thus, they believe their increased price target for J.C. Penney Company, Inc. (NYSE:JCP) is “reasonable” because the exact timing of that stabilization is unknown.
The analysts lowered their 2013 earnings per share estimate to a loss of $3.81 from a loss of $3.71 based on higher interest expenses after the company raised its debt by $2.25 billion. They also adjusted their second quarter earnings per share estimate to a loss of 73 cents per share, their third quarter estimate to a loss of 77 cents per share and their fourth quarter estimate to a loss of 73 cents per share.
Potential Plan For A J.C. Penney Turnaround
The JPMorgan analysts said now that Ron Johnson is out as CEO and previous J.C. Penney Company, Inc. (NYSE:JCP) CEO Mike Ullman is back at the helm on an interim basis, they see a potential plan in place for the company’s recovery. They said “the first order of business will be stabilizing the ship.”
In their view, that includes a return to the chain’s previous business model involving coupons and promotions and also the reestablishment of high-low pricing. In addition they believe the company must stabilize its balance sheet by reducing its capital expenditures, which have been between $500 million and $600 million over the last three years.
One of the ways they see the chain cutting capital expenditures is by slowing down the pace of the shop-in-shops model.
Risks To J.C. Penney
The analysts said J.C. Penney Company, Inc. (NYSE:JCP) is especially susceptible to consumer spending, so the economic climate will play an important role in the chain’s ability to recover. In addition, more competition from Macy’s, Inc. (NYSE:M) and Kohl’s Corporation (NYSE:KSS) could result in excess inventory and greater markdowns, although there is also potential upside to their investment thesis.
“JCP’s turnaround is proving more challenging than anticipated, with uncertainty around the strategy driving volatility, but noting that a reversal in top-line trends could lead to material upside for current estimates,” they wrote.


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As of last month, the great Netflix price bump officially began, with the first wave of about 27M subscribers being subject to a $2 per month price increase.
The two-stream HD plan subscribers that haven't yet been affected will be this fall.
The price increase will change existing subscribers' monthly fees from $7.99 to $9.99, with the option to downgrade to a single-stream SD plan for the same $7.99 price.
Additionally, due to a grandfathering system, those who signed up for the HD plan after May 2014 (when the price was increased from $7.99 to $8.99) will only see a $1 increase to even out their subscription fee with the others.
Though $1 or $2 may seem small, to many users in the grand scheme of things, it isn't.
SEE ALSO: Netflix just changed its logo
Perhaps it's a matter of principle or an actual issue with affordability, but analysts at Nomura Securities are estimating that the seemingly minor jack up in subscriptions fees is going to cost the streaming company an alarming number of subscribers.
Based on an estimated 2 percent churn rate for Netflix members who saw a $2 monthly increase and a 1 percent churn rate for customers whose subscriptions will increase by $1 monthly, analysts are predicting that upwards of 480K customers will cancel their Netflix subscriptions.
Netflix CEO Reed Hastings explained the process:
"We will phase out this grandfathering gradually over the remainder of 2016, with our longest-tenured members getting the longest benefit. We are rolling this out slowly over the year, rather than mostly in May, so we can learn as we go."
However, though the company may be losing valuable subscribers, it looks like their revenue isn't slated to suffer.
Even if this estimated number of subscribers actually do cancel, Netflix would still be looking at $520M in annual revenue.
You win some, you lose some.
Or in Netflix's case, you lose some, you still make millions.
Now, take a look at Netflix throughout its history:


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Hyundai working on its Golf gameJuly 15
GM trade-off: Trax sizzles, Sonic suffersJune 19
Chrome wings, true crossovers and heckin' wagons: What people think of Buick Regal TourX, SportbackApril 11
Buick Regal wagon spotted testing in U.S., GermanyMarch 17
A test mule of the Buick Regal TourX -- a name trademarked by General Motors in 2015 -- has been spotted in Michigan and Germany, and it looks nearly identical to the Opel Insignia Sports Tourer wagon that debuted at the Geneva auto show this month.
Buick expected to replace Regal sedan with 5-door hatch, wagonMarch 14
Hyundai Elantra GT packs more tech, interior space for 2018Feb. 9
Diesel, manual to be options on Cruze hatchbackOct. 17, 2016
Chevy Cruze diesel hatchback may claim highway mpg crownOct. 11, 2016
Chevrolet plans to equip the Cruze diesel with a six-speed manual or nine-speed automatic transmission that could deliver 50 mpg on the highway. The diesel sedan will arrive in early 2017 and the diesel hatchback will be available for the 2018 model year.
Focus hatchbacks recalled for latch software fixSept. 28, 2016
Ford is recalling 64,038 Ford Focus hatchbacks in the U.S. to fix potentially faulty interior latch release software. Ford has recalled 4 million vehicles in North America for various door-latch problems since 2014.
Chevy Cruze hatchback spied in DetroitAug. 23, 2016
Honda hatches new Civic modelAug. 22, 2016
Honda pulls wraps off 5-door Civic hatchbackAug. 15, 2016
Honda's first five-door Civic hatchback for the U.S. market will go on sale this fall as a 2017 model. The new Civic joins sedan and coupe models and will precede the Type-R -- which Honda has confirmed will also be a hatchback when it goes on sale in 2017.


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[Photo provided by Nexon Co.]
Crazyracing Kartrider, all-time favorite and household label under South Korean game publisher Nexon Co. is creating a second wave of sensation in a decade through mobile and live-streaming enhancement.
According to industry sources on Monday, daily logged in users on the race game Kartrider in February soared by six times, compared to the summer season last year. It also put its name on the sixth in the PC game rankings as of Wednesday with a 4.19 percent share among all labels played in PC cafes.
Kartrider, all-time past-time for kids since its premier in 2004, has drawn grown-ups as they chose the simple racing game while waiting to log into Lost Ark, a blockbuster multi player game from Smilegate released in November.
Also, this year’s Kartrider League Season 1 that has been broadcast live through Naver and YouTube since the opening on Jan. 5 achieved more than 100,000 views per episode. Eight teams and 32 individuals compete in round-robin group stages, and the final round is scheduled to be held on Saturday at Kwangwoon University. The tickets sold out in just one minute.
The game will likely gain further traction after it is serviced in immersion version for 5G mobile phones during the first half.
By Lee Yong-ik and Lee Ha-yeon
[ⓒ Pulse by Maeil Business Newspaper & mk.co.kr, All rights reserved]