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NEW YORK (AdAge.com) -- If one thing is clear about the intense debate within the publisher world about if and how they should work with ad networks, it's that there's no answer.
More than two years ago, ESPN.com walked away from the ad networks, and the decision has yielded no regrets.
"Walking away from the ad-network business has helped us focus," said Lisa Valentino, who heads up digital and mobile as VP-digital sales for ESPN.com. While it was never a large amount of inventory, pulling out sent the right message to the sales force and to advertisers, she said. That renewed focus is now yielding dividends as the economy starts to turn.
Ms. Valentino said revenue would be up double digits this year and CPMs, or the cost for 1,000 ad impressions, were also up. "Our mobile business is up triple digits, our sell-through is up. We're innovating. Walking away has helped us focus on multimedia, video, social and creative innovation," she said.
But not every publisher is espousing such an extreme view. First off, not everyone has a brand like ESPN, a cable network to support digital ad sales or the reach of the sports megabrand. And if you're in a business lacking that foundation or the resources to commit to a dedicated sales force, an ad network may be a great option.
Whelan Mahoney, publisher of Inc.com, is working with Undertone Networks to extend reach because inventory on Inc.com is starting to run out. "It's a high-class problem to have," he said, noting that all extensions onto network sites are made transparent to advertisers.
Since cookies follow Inc.com visitors to other sites, Mr. Mahoney said, he is not vetting each site and is comfortable the destinations are appropriate because the customers are choosing them.
Three Inc.com advertisers now extending to the Undertone network are Comcast, Principal Financial Group and an upcoming DHL campaign. Success is being measured, Mr. Mahoney said, by delivery and click-through rates. Given the level of banner-ad burnout, Mr. Mahoney suggests click-throughs might actually improve because consumers who see a message may finally click on it through a partner site rather than being exposed repeatedly on each visit to the Inc.com site.
Russ Fradin, president of Adify, which provides a technical platform for vertical networks, said a hybrid model in which publishers sell their own inventory and also use high-volume networks for remnant inventory is where the trouble begins. He told a gathering of industry executives recently that a hybrid publisher's model is a deadly addiction leading to eventual brand ruin.
"I'm not anti ad-networks," Mr. Fradin said. It's how one uses them. "For high-quality premium publishers who can afford sales forces, it can be very dangerous."
Not surprisingly, he believes premium niche brand publishers can continue to do well by partnering with a niche ad network.
Since nearly 85% of inventory in the top 10 ad networks comes from the top 10 publishers, according to ComScore, advertisers know they can buy at a better rate. The Interactive Advertising Bureau's benchmark study with Bain & Co. was an eye-opener, revealing average realized CPMs on ad networks ranged from 60 cents to $1.10 per 1,000, vs. $10 to $20 in direct-sold display inventory. This dramatic price differential, the study warned, would lead to the erosion of premium CPMs if publishers maintained their current behavior.
But pricing on quality brand inventory is remaining stable, Mr. Fradin said. Adify tracks ad prices on 11 vertical categories and found in the fourth quarter that seven of those were up, with travel at a high of $8.95 and real estate at a low of $2.36.
The real story, maintains Jay Sears, general manager of ContextWeb's ADSDAQ Exchange, is that the ad network business is so good, publishers are getting into it. The fact is a single web domain -- BrandedPublisher.com -- is a walled garden. And you simply cannot help your advertisers with their full array of challenges while staying within a walled garden. ContextWeb has over 40 publishers and networks that actively purchase inventory from the ADSDAQ Exchange to package and sell to their advertisers.
CBS late last year, for example, announced the launch of its own internal ad network to serve advertisers that want to buy demographics or remnant display advertising across CBS sites. The company said its internal ad-serving platform, Madison, can offer audiences based on demographics or online behaviors, within CBS properties.
The Interactive Advertising Bureau recently released standards that will allow ad networks and exchanges to apply for voluntary certification so that marketers and agencies have better control over where ads are placed and not appear next to content they deem inappropriate.


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New York [USA], Dec 29 (ANI): Soon after news of Apple having slowed down older versions of their flagship device, the iPhone, flooded internet and social media forums, the company issued an apology to their users, and offered USD 29-worth battery replacements for a year.
The Silicon Valley giant in a letter stated that the replacement offer is being done in a bid to compensate for the degrading quality of batteries.
"We know that some of you feel Apple has let you down. We apologise," the letter read, reports The Verge.
The letter further stated that batteries are "consumable components," and is ready to offer anyone with an iPhone 6 or later a battery replacement for USD 29 starting in late January through December 2018.
Apple has also promised to introduce additional features to its software, iOS, to provide more information about the battery health in early 2018, so that users are well informed when their batteries are no longer capable of supporting maximum phone performance.
The company, however, clarified that it is not slowing down older iPhones to urge people to upgrade to newer models, but admitted to addressing an issue with devices containing older lithium-ion batteries that result in unexpected shutdowns.
"Our goal is to deliver the best experience for customers, which includes overall performance and prolonging the life of their devices. Lithium-ion batteries become less capable of supplying peak current demands when in cold conditions have a low battery charge or as they age over time, which can result in the device unexpectedly shutting down to protect its electronic components," the company said in a statement. (ANI)

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AboitizPower is the Philippines’ leading provider of renewable energy, advancing business and communities towards A Better Future.
Cotabato Light: Going beyond power
April 25, 2018
When the Aboitiz group acquired Cotabato Light and Power Company some 83 years ago, part of the package was a facility that was and still is part of the fabric of the Cotabato community – the ice plant.
While everyone at Aboitiz Group knew by heart the pillars of the group – power, food, land, banking, and infrastructure – many have lightheartedly wondered whether it should add a sixth leg: ice-making.
“We have customers who have been buying ice blocks from us for many decades. Cotabato City is far from the sea so we need ice to keep fish fresh as they come into the city,” said Jerry Baisac, an ice plant employee for 30 years.
Many ice plants have come and gone in the last eight decades but Cotabato Ice Plant – as it is formally known – still stands with its four employees today, churning out 37 tons of ice daily, serving its community alongside the power distribution business.
Cotabato Light currently serves more than 40,000 households within its franchise area, which covers Cotabato City, as well as parts of Datu Odin Sinsuat and Sultan Kudarat municipalities in the province of Maguindanao. Its ice plant may serve fewer customers, but it remains modestly profitable and also gives deep meaning to the community where it stands.
“The ice plant represents what we in AboitizPower have always stood for. We could have just stayed with power distribution because we are experts there. But the community needs the ice plant, so we kept it for the sake of the community,” Cotabato Light COO Ben Arkoncel said.
Somehow, the ice plant has helped businesses and the community grow. In the 60s, the plant had a daily production capacity of 15 tons, which increased to around 70 tons in the 1990s, until it reached 120 tons.
The facility currently manufactures ice blocks weighing between 10 kilograms and 160 kilograms, perfect for those from the fishing industry who need to preserve their products until these reach the market and households eventually.
Mike Katog, a resident of Cotabato City and one of the ice plant’s regular customers, explained how the company helps him sustain his fishing business.
“Malaki talaga ang tulong ng ice plantsa amin. Nagpapasalamat talaga kami dahil mayroon kaming napagkukunan ng ice upang mapanatiling sariwa ang aming mga produkto (The ice plant is really a huge help to us. We are thankful because we can keep our products fresh with the ice you produce),” Mike explained.
“Our service and support to the businesses and economic growth of Cotabato City go a long way back. With the ongoing developments in our region, we will remain a valuable partner of the people of Cotabato in advancing their businesses and our communities,” Arkoncel said.
Close to two generations of Cotabateños have seen the work Cotabato Light has done for the community. The company vows to continue providing excellent service to its customers and stakeholders for more generations to come.


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Alok Industries Ltd has announced a net profit of Rs 25.86 crore during Q3 2014. The company had earned a net profit of Rs 45.36 crore during Q2 2014, and of Rs 98.29 crore during Q3 2013. Net sales during Q3 2014 were to the tune of Rs 3571.74 crore, 4.62% lower than in the previous quarter. Net sales during Q3 2013 were at Rs 3686.20 crore. The company’s raw material costs during Q3 2014 at Rs 3608.98 crore were 26.4% higher than in the previous quarter, and 16.22% higher than in Q3 2013.
Alok Industries is burdened with inventories which accounted for as much as Rs 1252.45 crore during Q3 2014. Inventories during the previous quarter amounted to Rs 322.28 crore, and Rs 794.46 crore during Q3 2013. Continuously falling cotton and crude prices has led to this situation, as the market waits to place orders.


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Blue Friday is back again this year and ready to make an even bigger splash. Thanks to everyone who supported us last year, we were able to raise over $15,200 for the Surfrider VI Chapter’s Rise Above Plastics Campaign . This funded the instalment of 2 Seabin’s in Canada’s largest marina. Hint hint, that is right here in North Saanich! Each bin should clean up 1.5 tonnes of trash per year. This year, we hope to get one more.
Seabin’s are ‘trash skimmers’ designed to be installed in any body of water with a calm environment, such as marinas, yacht clubs and ports. The Seabin moves up and down with the range of tide collecting all floating rubbish. It can intercept floating debris, macro and micro plastics and even micro fibres with an additional filter. This innovative technology can catch an estimated 1.5 tons of floating debris per year (including micro plastics down to 2 mm small!). To say we are thrilled about this achievement would be an understatement.
Despite the hardships of Covid-19, the group of eco-minded, local, Victoria based businesses - L/L Supply, Goldilocks, SALT, Zero Waste Emporium, West Coast Refill, Salt and Seaweed Apothocary, The Market Bags, and Wychbury Ave have pledged to donate all profits from their Blue Friday Sales to instal more Seabin’s in our surrounding waters.
We buy a staggering amount of junk without thinking twice about it and with no regard to future generations and the impact our actions will have on them. Plain and simple, Black Friday, along with the rest of the holiday shopping season, hurts the environment for many reasons. Why is this?
To name a few of the many factors contributing to the destruction of our environment…
- Plastic Waste: “Billions of pounds of plastic [is] produced every year, and 91% of that isn’t recycled” (National Geographic, 2018).
- Shipping: an estimated “15 billion pieces of mail and 900 million packages” (United States Postal Service, 2018) are shipped over the holiday season in North America alone.
- Overconsumption: Buying things we don’t need.
- Fast Fashion: buying into the newest trends only throw them out shortly after and repeat the cycle.
Plastic waste, fast fashion, holidays dedicated to over consumption, convenient shipping options, and cheap, low-quality products - these are just some of the many reasons local Victoria Businesses are taking it into their own hands to promote sustainability by giving back to the planet. This year as you prepare for the Holiday shopping season, these local brands are urging you to consider the environmental, social, and waste costs associated with your purchases.
Shop with purpose. This year, you have the power to turn your ‘Black Friday’ into a ‘Blue Friday’ where you can be sure that all of your purchases are giving back to the environment by not shopping at all or simply shopping locally for all of your Blue Friday needs.


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Watch Dogs has Sold 8 Million Copies in Just Over a Month
Watch Dogs, in the first week of its release, sold more than 4 Million copies, and in a new report to investors, Ubisoft claims that its open world title has managed to cross the 8 Million mark, in terms of sales.
The report also states that Ubisoft has generated the sales of $490 million in first quarter of its fiscal year, which is a huge increase compared to $103 million during the same period last year, and a huge credit for this figure, goes to Watch Dogs.
CEO of Ubisoft, Yves Guillemot in statement given to investors confirms that Watch Dogs will now be made into a franchise, with more to come in the future:
The success of Watch Dogs and the quality of our games portfolio presented at this year’s E3 highlight our strategic positioning as well as our continuous drive for innovation and affirm our long-term approach. Watch Dogs is now well positioned as a major franchise, and we will be able to replicate and build on its success in the coming years.
Initially, Ubisoft expected to sell 6 million copies of Watch Dogs during its whole lifetime, but due to its open world gameplay and stealth mechanics, the game managed to get fairly good reviews, which in turn helped it to surpass the developer’s expectations.
Ubisoft also created a huge impact at this year’s E3, by showing some really amazing titles like Assassin’s Creed: Unity, The Division, The Crew, Far Cry 4, Tom Clancy’s Rainbow Six Siege and more.
Watch Dogs is out now for PS4, PS3, Xbox 360, Xbox One and PC.


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Rise in home-based healthcare shaping pharma packaging and drug delivery
The pharma packaging and drug delivery industry has long been synonymous with rapid innovation. As medicine advances and patient needs change, so too should drug packaging and devices.
This has been particularly evident during the pandemic, when one growing issue was brought into sharp relief – the need for remote treatment options.
To understand the shift towards patient-centricity, CPHI spoke with Cindy Reiss-Clark, Senior VP Commercial Markets and Commercial Solutions at West Pharmaceutical Services. She tells us about the growing popularity of self-administered medication, the impact of COVID-19 on innovation, and why West is “all in” on digitisation.
What are some of the biggest challenges the packaging and drug delivery industry faces today?
There is a growing demand among patients for an overall better experience and greater participation in their health care. This is placing pressure on health care systems and pharmaceutical companies to find ways to become more patient-centred. Their quality of life and how their drugs and treatments are delivered is a vital part of patient advocacy and focusing on their overall outcomes.
For example, the COVID-19 pandemic has served as a catalyst to a safer, more efficient and more patient-centric experience through increased telehealth options, putting patients back in control of their care and forcing organisations to streamline services and find innovative solutions. It has also highlighted a trend towards the consumerisation of healthcare - giving more power to the patients has shown them they have options in who they see and how they are treated. The patient-centric approach is essential because it lays the foundation of high-quality healthcare, and patients with better care experiences often have better health outcomes.
Where do you see the most innovation happening in the sector?
Digital innovation continues to advance as the state of health care is rapidly evolving towards a consumer-centric model where technologies play an increased role. Healthcare ecosystems are continually growing and becoming more digitally smart, where hospitals and healthcare providers are connecting care from hospital to home by engaging patient experiences and devices.
Technological advancements also now allow larger volumes to be administered subcutaneously, over a longer period, in a non-clinical setting by ensuring user requirements are at the heart of the patient experience. Self-administration by a user has historically been unsuccessful for several reasons resulting in patients frequently having to travel to health clinics and hospitals for treatment.
This inconvenience and disruption to daily life, transportation costs, and the constant reminder of ones’ disease state have driven pharmaceutical and device manufacturers to further prioritize the overall patient experience when developing alternative administration options. Today’s treatment paradigm focuses on designing cost-effective drug administration processes that offer a better patient experience – allowing people to access treatment in the comfort of their home instead of a hospital setting.
How is West driving patient centricity? Can you share examples of product solutions transforming the user experience?
For nearly a century, our mission of improving patient lives around the world has stayed the same and our mantra of “every component has a patient’s name on it” keeps our focus squarely grounded on the patient.
When we think about patient centricity for us there is the patient experience, but also the experience of the healthcare professional who is administering the care to the patient.
With an estimated 50 percent or more of the global population living with at least one chronic health condition, patients have an increasing need and desire for easy-to-use and reliable self-administered medications. Pharmaceutical and medical device manufacturers are answering this call by rapidly innovating new solutions that benefit the whole person and not just their health condition, that help them stay active and enjoy life, whether they’re on top of a mountain skiing or simply watching their child’s soccer game.
West recognized these trends over a decade ago and have been investing in wearable technologies since 2010. West’s first offering was the wearable and programmable SmartDose® injector, which is a technology used by Amgen today in their Pushtronex® device and this became the first FDA approved wearable for commercial use.
For the healthcare provider, especially in a hospital setting, a lot of times they are in a situation where every minute counts. West has developed solutions such as our Vial2Bag™, Mix2Vial® and Mixject® vial adaptor products, to provide simple solutions for IV medication preparation at the point of care to enable reconstitution and transfer of a drug between a vial and an IV bag. The innovative needle-free and easy-to-use design is ideal for immediate use.
Does the fast rate of innovation in the industry pose a challenge? And what are some of the critical elements to consider for keeping up with this rapid pace?
On the contrary, I think there is opportunity in our industry, and the drug development process overall, to enable a faster rate of innovation. The recent development of the COVID-19 vaccines and related treatments is a prime example. The global life sciences community proved that it could not only develop, obtain approvals, manufacture and distribute a new vaccine in a matter of months rather than years. First, this should give hope that mRNA technology could be effective for a range of unmet medical needs, but beyond that it proves the world can rally together and develop various innovations in record time to support the delivery of life-saving medicine. Like the saying goes “necessity is the mother of innovation.”
As therapies become more complex and shift towards self-administration, pharmaceutical and biopharmaceutical manufacturers are under pressure to bring more intricate devices to the market, that are also easy to use, while working differently with their customers to work towards outcomes at faster speeds. This is particularly challenging when constantly changing regulations place more responsibility on sponsors to prove not only that their drug is reliable and safe, but also that the device is fully integrated and satisfies usability requirements. Relying on a provider with both combination product and services expertise allows manufacturers to simplify their supply chain and gain compelling benefits, such as fewer partners, improved knowledge transfer and scalability across a product’s life cycle, and faster root cause analysis/resolution if problems arise.
Could you please share an overview of how West is embracing digitalisation?
When it comes to digitalisation, West is all in. West is actively investing in its digital transformation journey, and it covers all aspects of our business. We believe digitalisation will change how we do business, and the benefits will span from manufacturing to delivering better patient care and compliance with their medicines.
Our journey embraces three strategic pillars: the external experience, the internal experience and the digitisation of products. The external experience entails creating a highly personalised digital channel for customers across transactions, data and science as well as consumer-grade, device-agnostic experience for customers, partners and vendors around the world. The internal experience includes executing a multi-year ERP consolidation into S/4 HANA to enable a real-time enterprise with data integrity and finally, the digitisation of products consists of utilizing software and platforms to create value for customers and stakeholders.
To support our digital transformation, we’ve expanded our capabilities with three new state-of-the-art Digital Technology Centers in India and Taiwan. These new capabilities are pushing the limits of hardware, software and AI to drive innovation for our business and for our customers.
What challenges did the pandemic present West with?
The pandemic presented a variety of challenges to us, as well as many others. With things changing daily, one of the biggest challenges we had as leaders was to quickly create an agile work environment and engagement strategy that could address the needs of our employees and enable innovation and collaboration to drive the business forward.
Due to the vital role we continue to play in addressing COVID-19, we continue to experience an unprecedented demand for our high-quality components. We had to take proactive measures to mitigate risk and provide our customers continuity of supply and minimize delays wherever possible by:
- Expanding our manufacturing capability, including automation, through an increased and accelerated total capital investment of over $300 million.
- Hiring over 1,000 new team members since the start of the pandemic as we expand capacity to meet unprecedented demand.
- Increasing production operations effectively to run 24 hours a day, 7 days a week to meet this growing demand.
- And focusing on retaining our employees and ensuring a safe and healthy work environment.
The rapidly changing environment and the impact of COVID-19 on the global supply chain led to significant cost inflation and delays. It was clear no industry was immune to these challenges, and it required companies to work more closely than ever before to find ways to resolve and overcome these challenges together.
These new market dynamics have required us to implement a prioritization model to address the growing requirements of our customers and take a thoughtful approach to balance and manage these priorities actively. The success of this approach requires partnership with customers and suppliers, including a greater level of transparency regarding production demands and filling schedules to ensure we are addressing the right need at the right time.
What are West’s main priorities and aspirations looking ahead?
West will continue leading with a customer and market lens. Advanced therapies, combination products and a systems approach continue to be our main priorities to create value-add offerings.
We also continue to invest in capacity and leverage our extensive global manufacturing network of 25 sites to provide flexible, large-scale production capabilities, which allows us to minimise customer risk and meet growing demands.
As you look across the pharmaceutical industry's drug pipelines and new drug applications, there is a growing need to provide solutions to support increasingly more sensitive and complex molecules and combination products. With that comes an increasingly regulated environment for these products and increased use of ready-to-use packaging products by drug companies.
Our customers are facing a fragmented landscape with multiple suppliers when trying to find the right containment solutions for these products. Most glass companies must partner with elastomer suppliers and other service providers to provide solutions and better-characterized products. But no company has developed a truly integrated system from the ground up until now.
Through our recently announced strategic partnership with Corning, West will redefine the future of containment solutions, creating a truly integrated system that will de-risk our customers' drug development and manufacturing process
What does Pharmapack Europe mean to you?
We are excited to be back at Pharmapack Europe this year after two years due to the pandemic. We are looking forward to this opportunity to engage with current and potential customers across the globe to discuss the latest challenges and innovations and how we can work together to bring new treatments to patients.
How would you describe the future of West in one sentence?
Continuing to co-innovate and collaborate with our customers to improve the overall experience and care for patients.
Several big pharma companies have added their names to a letter challenging suppliers in the healthcare industry to pledge to sustainability targets.
Results from the TRAILBLAZER-ALZ 2 Randomised Clinical Trial into the use of donanemab to treat early symptoms of Alzheimer’s disease have been analysed.
Ardena and RiboPro have formed an alliance to boost their respective skills in manufacturing and producing nanoparticle and mRNA-based therapeutics to improve accessibility to this technology in the biotherapeutic landscape.
Several biosimilars to AbbVie’s monoclonal antibody therapeutic Humira were launched by various pharmaceutical giants this week in the US, with more expected to be released by the end of the year as the patent expires.
News EU Medical Devices Regulation causes unintended disappearances of medical devices for children, doctors stateDoctor groups and associations have appealed to the EU to correct the EU Medical Devices Regulation law that may cause unintended shortages of essential drug and medical devices for children and rare disease patients.
In our new monthly series, we interview women from across the pharmaceutical industry and supply chain to discuss the importance of gender diversity in healthcare, the workplace, and beyond.
Since the onset of the COVID-19 pandemic, the innovative potential of mRNA vaccines and therapeutics has raised questions regarding their manufacturing, packaging, and storage/transportation. Learn about how the pharmaceutical supply chain is meet...
Download your FREE pharma marketing eBook to learn why it is so important for pharmaceutical marketeers to develop their digital content marketing strategies in order to establish their companies as thought leaders and industry experts.
Position your company at the heart of the global Pharma industry with a CPHI Online membership
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Sunwoda is electronic manufacturing services and lithium-ion battery solutions manufacturer.
Sunwoda, founded in December 1997 and headquartered in Shenzhen, Guangdong, is a leading manufacturing company in the lithium-ion battery industry. Founded by Wang Mingwang, the company was listed on the Shenzhen Stock Exchange in April 2011. The major shareholders are Wang Mingwang, Wang Wei, and Hong Kong Securities Clearing. Rivals with direct and indirect competition include CATL, BYD, and Ronbay Technology.
South Korea will extend the consumption tax reduction policy for passenger cars for six months.
Xu Jiahui rose the limit again and walked out of the 9-day 8 board
China New Energy Commercial Vehicles Market - Growth, Electrification Trend And Forecasts
As the market for new energy vehicles continues to surge in most major economies, the competition has become fierce in the field of new energy passenger cars. However,a specific type of vehicle, commercial vehicles, including buses and trucks, is still a blue ocean market, with plenty of opportunities. The commercial vehicle industry is still in its early stage in pursuing electrification, and there is a lot of room to explore different technological routes.
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King of Acquisition, KUKA HOME's Journey to Global Expansion
At the end of 2022, the gossip of Chinese celebrity Wang Xiaofei asked his ex-wife to return his million-dollar mattress caused a buzz on social media. The netizens were again astonished by the luxurious lives of celebrities as well as informed about how lucrative the mattress business is. Today, EqualOcean will take you a glimpse of KUKA HOME(顾家家居）, a leading Chinese home furnishings brand.
Apr 25, 2023 11:30 AM
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Lithium battery stocks rose in shock, and jiangte motor and Nord shares rose by the limit
National Development and Reform Commission: since 24:00 on January 29, the domestic gasoline and diesel prices have increased by 310 yuan and 300 yuan per ton respectively
Libode Completes CNY 2.578 Bn Financing to Boost Production Capacity and IPO Process
On April 12, Libode(宜宾锂宝) completed its B round of financing, with a total of CNY 2.578 billion (USD 397 million) in funding, with the goal of accelerating its IPO and completing the company's core shareholder plan.
Apr 24, 2023 11:54 AM
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MasterCard released its Q4 earnings report yesterday, beating analyst revenue estimates and reaching an all-time high on the stock market in subsequent trading.
MasterCard’s revenue increased to $1.9 billion for the quarter, rising $4.86 a share and beating average Thomson Reuters estimates of $1.89 billion and $4.81 a share. The network’s profits jumped to $605 million from just $19 million a year ago, and overall purchase volume for MasterCard cards rose 13 percent from 2011: 1 percent higher than they rose in Q3 2012.
“We are pleased with our fourth-quarter results, which saw double-digit growth in net revenue, cross- border volume and processed transactions,” said Ajay Banga, MasterCard president and CEO. “We are gaining traction in our U.S. credit business with some recent wins, continuing to experience momentum in our mobile initiatives around the world, and securing important business in emerging markets like Africa and Brazil.”
Banga emphasized MasterCard’s global approach several times during the earnings call, citing purchase volumes in Asia-Pacific, the Middle East and Africa that grew 19.5 percent and stating, “I’m trying to put my bets in multiple places.” MasterCard recently signed a deal with Equity Bank of Kenya to issue five million debit and prepaid cards over the next year-and-a-half, which Banga characterized as “one of the largest deals of that size in the African continent.”
While MasterCard stocks rose to threaten its all-time high of $535.35 immediately after the results, they finished the day at $518.40 after the company warned that revenue growth could slow in the first half of 2013 thanks to uncertain economic conditions.


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Pello Capital announces it will allow clients to pay fees with crypto
Pello Capital has announced plans to become the first regulated institution to allow listed corporate customers the option to pay their annual fees using cryptocurrency.
The move will allow publicly traded companies the option to pay using over seven cryptocurrencies including Bitcoin, Ethereum, USDT and Litecoin. Alongside the move, Pello is also launching a facility to allow clients to spread the cost of their annual fees over 12 monthly installments at no extra cost.
This is the first step in the investment bank’s goal to create a much more flexible and user-driven format than the current traditional experience. This service will be available in the next 30 days to existing and new listed clients in the UK.
Daniel Gee, MD at Pello Capital, commented: “This is an exciting time for Pello and our corporate customers. We have built our business on accessibility and this announcement is our next move in creating a more user-friendly corporate broking product.
“Alongside Rishi Sunak’s comments on making Britain a “global hub for crypto” we’ve listened to our customers and are giving them the option to start embracing cryptocurrency in a safe and measured way. The team is delighted to be able to offer a true industry first and we are extremely excited about what the future holds.”


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Heine Brothers’ Coffee Opening Largest Store to Date in Hikes Point. Local coffee roaster begins brewing Wednesday, April 26, set to hire 250th employee
Heine Brothers’ Coffee Opening Largest Store to Date in Hikes Point
Local coffee roaster begins brewing Wednesday, April 26, set to hire 250th employee
LOUISVILLE, Ky. – (April 25, 2017) Hikes Point will soon have a local option for organic, fair trade coffee when Louisville-owned and operated Heine Brothers’ Coffee opens the doors of its newest store on Wednesday, April 26, at 3965 Taylorsville Rd. The spacious 3,000 square foot space—Heine Brothers’ 14th coffee shop—will be its largest yet. The store will also have a drive-thru.
To celebrate, April 26 and 27 beginning at 5:30 a.m., the first 250 customers at the Hikes Point location will receive a coupon good for a free Vint Julep coffee drink during Derby week.
Friday, April 28 at 9 a.m., an official grand opening ribbon cutting celebration will be held with Louisville Mayor Greg Fischer and Greater Louisville Inc. Also, that morning, the first 400 customers will receive a grand opening pack, which includes a limited-edition Hikes Point neighborhood collectors mug, and discounts through May. In addition, a drawing will be held for one $100 gift card.
For Heine Brothers’ President Mike Mays, the Hikes Point store opening is also significant because of another milestone.
“We will soon be hiring our 250th employee,” said Mays. “That’s proof positive that Louisvillians are loyal to local. For several years now, we’ve had more customers ask for a Hikes Point location than any other neighborhood. We are thrilled to meet the demand and to open our doors as a place to connect, a place of ideas, a place of community.”
In late 2016, Heine Brothers’ relocated its offices, roasting operations, and warehouse to the Portland Warehouse District in a move aimed at helping renew the west side of Ninth street.
Mays continued, “We have been very thoughtful about how we grow. We always aim to make a positive community impact.”
Store hours at 3965 Taylorsville Rd. are Monday – Saturday 5:30 a.m. to 10 p.m. and Sunday 6:30 a.m. to 10 p.m.
About Heine Brothers’ Coffee:
Heine Brothers’ is a 100% fair trade and organic coffee roaster. The company opened their first shop in October 1994 in the Highlands neighborhood of Louisville, KY, and has 14 locations and a mobile Airstream espresso bar. Heine Brothers’ is committed to operating responsibly and sustainably – donating to numerous community groups, buying locally and co-founding the world’s first fair-trade coffee buying cooperative. The company recently relocated its main offices and roastery to the Portland Warehouse District of Louisville, and is dedicated to continuing to deliver remarkable coffee experiences while staying focused on making an impact in Louisville and around the world. For more information, please visit heinebroscoffee.com or follow @HeineBrosCoffee on Twitter. On Instagram: @heinebroscoffee. On Facebook: @heinebrotherscoffee.


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Connecticut's $743.4 million general obligation bond sale attracted $186 million in retail orders, according to state Treasurer Denise Nappier's office.
Citi priced Tuesday's deal, which featured $550 million in Series A new money bonds and the balance in Series B refunding. It followed Monday's retail order period.
The retail component was the most on any state GO sale in nearly three years, said Nappier's office.
The refunding portion generated $18.6 million in debt service refunding savings for the state budget over 12 years, according to Nappier's office.
Moody's Investors Service rates Connecticut GOs Aa3. S&P Global Ratings, Fitch Ratings and Kroll Bond Rating Agency rate them AA-minus.


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Orchid growers as well as people with a passion for reptiles and amphibians who are based in the United States can now purchase tree fern products with a clear conscience, as Fernwood Products (NZ) Limited has launched its sustainably sourced products into the US market.
This is good news for anyone who currently uses tree fern or has done so in the past, as the availability of the product has been spotty for several years. Combined with inconsistent quality, many users have simply stopped using the product altogether.
Up until now, Central and South America have been the source for most tree fern in the United States. Unfortunately, poor harvesting strategies and misuse of natural resources has landed tree fern products from these countries under the protection of CITES (Convention on International Trade in Endangered Species of Wild Fauna and Flora).
“Fernwood works closely with New Zealand government authorities to ensure that their process is fully transparent and sustainable, and consumers can rest assured knowing that tree fern products harvested and processed by Fernwood NZ are not CITES listed,” says Fernwood’s Export Sales Manager Alan Ford.
“Over the past 25 years, the team has developed a robust system that ensures all harvesting is managed sustainably and that the environment is left as it was found – intact and undisturbed.”
Users will find the natural properties of the New Zealand Dicksonia species of tree fern to be superior to the Cyathea species typically coming out of the Americas. New Zealand tree fern is soft, porous and spongy, long lasting, and has fantastic moisture holding capabilities. It’s these inherent characteristics that make the products so successful with target markets.
Fernwood has been exporting its tree fern products to Japan, Europe and the UK for decades, and they began working on product configurations for the United States in 2017. Their recent partnership with Acadian Supply, Inc. has made the launch a reality.
“We wanted to make sure our products were properly tailored to the US market,” Alan says.
“For example, we’ve designed our vivarium panels to align with the dimensions of the most popular vivariums available to US consumers. This will make lining vivarium walls quicker and easier, with minimal to no wasted product,” he explains.
Prized as a growing media for orchids and as a key component in the construction of vivariums for the herpetology market, Fernwood tree fern will be available in the USA in both loose fiber and cut panel configurations.


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- Jan 30, 2012
- Reaction score
- Current Phone Model
- iPhone 7 Plus JB
*Update: Here's a link to where you can watch the G4 Livestream: LG G4 Livestream
LG has already revealed most of the details of the G4, but we won’t know everything about it until it’s official later today. This is what we do know.
Moto started it with the Moto X, then Samsung jumped on the wagon with faux-leather backing on the Galaxy Note 3. LG continues with the release of its G4 flagship. LG published a post on how the leather backing is manufactured. For those of you who are not into cowhide, the G4 will come in three plastic versions, as well.
LG seems to be totally in ore of the G4 display. They have been hyping it since early this month. They have revealed, its improved QuadHD display with Advanced In-Cell Touch (AIT) technology, enables the display to sense touch even when it’s wet.
LG also teased that even though the display features a contrast ratio that’s 50 percent higher than its competitors, it doesn’t burn through battery as quickly as you think. Time will tell. LG calls this a "Quantum display." Perhaps it uses the same quantum lighting technology found in their latest top-of-the-line TVs?
The Korea Times reported a while ago that the G4 runs on a Qualcomm Snapdragon 808 processor instead of a Snapdragon 810, as the 810 has been under fire for overheating. The G4 will use the Snapdragon 808,” said the source. " Qualcomm stated they will be able to resolve overheating issues later this year."
Both the LG G Flex 2 and the HTC One M9 had to be throttled back to avoid overheating. The 808 might actually perform better in the long run, and perhaps the better choice.
Now for the camera. LG’s video shows what the G4, can do with its 16-megapixel rear-facing camera.
The G4 has a 16-megapixel rear-facing camera with an f/1.8 aperture, as well as an 8-megapixel front-facing camera, which is perfect for selfies. Can't wait to check it out..
LG recently published a teaser video showing off all the details of its improved UX4.0 user interface. It features things like a quick camera shortcut, RingTone ID, and Quick Memo+, which may just be a loaded version of a note-taking app, Google Keep.
Looks like LG has really produced a winner. We will know for sure today. Who's getting in line for G4?
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Lululemon (LULU) - Get Lululemon Athletica Inc (LULU) Report shares hit a fresh record high Thursday after the athletic and leisure apparel group blasted second quarter earnings forecasts and boosted its full-year profit outlook.
Vancouver-based Lululemon said it sees full year earnings in the region of $7.38 to $7.48, on sales that could reach $6.26 billion, even as supply chain disruptions add stress to the group's logistics over the second half of the year.
For the quarter ending in July, Lululemon earned a Street-blasting $1.65 pre share as revenues surged 61% from last year's pandemic trough to around $1.45 billion.
Factory closures in Vietnam, port disruptions in Asia and reduced air capacity will add to supply chain pressures and increase costs, Lululemon said, and that is likely to pressure gross margins over the second half of the year.
"Lululemon remains in the early innings of our growth story and I continue to be inspired and excited with the momentum we’re seeing across the business," CEO Calvin McDonald told investors on a conference call late Wednesday. "Results of this caliber enable us to now develop our next five year growth plan and we’ll come back to you next year with an updated view of what the future can hold."
"We are monitoring this closely and leaning into the agility of our supply chain. The strength of our planning and allocations team and the powerful partnerships with our vendors to help mitigate the risks where we can," he added. "Our business was particularly strong in quarter two and our guidance calls for momentum to continue in the back half of the year. But I think it’s fair to say that our business would have been even stronger without these challenges facing the industry."
Lululemon shares were marked 13% higher in early trading Thursday to change hands at $430.85 each, a move that would extend its year-to-date gain to around 25%. The shares hit an all-time high of $434.22 earlier in the session.
"Despite a few minor setbacks, Lululemon’s core business continues to drive the most consistent and balance upside in both revenues and gross margins in our coverage," said Credit Suisse analysts Michael Binetti, who boosted his price target on the stock to $465.00 per share, with an outperform rating, following last night's earnings release.
"Updated guidance puts Lululemon on track to achieve its 2023 revenue targets 2 years early, and we see multiple paths to upside continuing in the second half of the year," he added.


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CITY OF INDUSTRY, Calif. — Utility Trailer Manufacturing Co., a leading manufacturer of refrigerated trailers, dry freight vans, and flatbed trailers has announced its largest single trailer order of 2,500 Utility 3000R reefers purchased by Prime inc.
Founded in 1970 and based in Springfield, Missouri, Prime is a successful refrigerated, flatbed, and tanker carrier.
The purchase was made at Utility Trailer Sales of the Ozarks and “marks a milestone for Utility Trailer Manufacturing’s largest single trailer order in the company’s history,” stated a Utility news release.
“Our focus on safety, efficiency and sustainability were the major factors in this purchase. Our commitment to these principles is the pinnacle reasons for our partnership with Utility. It is a privilege to have them as a partner that understands our corporate philosophy,” said Paul Higgins, director of maintenance for Prime. Ozark Utility’s partnership with Prime began in 2009 with the purchase of 450 trailers. With the recent order, Prime has now purchased a total of 5,000 Utility reefer trailers from the dealership.
Prime’s 2,500 Utility 3000R trailers will be equipped to provide maximum fuel efficiency and added safety components, which includes Utility’s USS-120A-4 aerodynamic side skirt, special air disc brakes, and a superior suspension system for increased roll stability.
Utility will build Prime’s reefers in both of its Utah and Virginia factories. For more information about Prime, visit primeinc.com. For more information about Ozark Utility, visit ozarkutility.com. For more information about Utility corporate, visit: utilitytrailer.com.
Utility Trailer Manufacturing Co. is America's first privately owned, family-operated trailer manufacturer. Founded in 1914 and celebrating its 100th anniversary, the company designs and manufactures dry freight vans, flatbeds, refrigerated vans, Tautliner curtainsided trailers, and side skirts. Utility currently operates five trailer manufacturing facilities across the United States. Utility’s 3000R and the 3000R multi-temp refrigerated trailers are manufactured at the Marion, Virginia and Clearfield, Utah plants. The 4000D-X Composite and 4000D-X plywood lined dry vans are manufactured at the Glade Spring, Virginia, and Paragould, Arkansas, plants. The 4000A, 4000S, drop deck and double flatbeds as well as the Tautliner are all manufactured at the Enterprise, Alabama, facility. Utility also has an extensive independent dealer network with over 100 locations throughout the United States, Canada, Mexico, and South America.
The Trucker staff can be reached to comment on this article at email@example.com.
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A WEST WALES equine aromatherapy product manufacturer is looking to make its market in the lucrative Middle East market as it saddles up for accelerated growth.
Llanelli company Alvahorse has proved to be a hit at the royal stables in Abu Dhabi with its high-quality equine aromatherapy products.
On the back of that relationship the company has appointed new distributors Horse & Carriage as its exclusive distributor for Dubai and Abu Dhabi.
Alvahorse was formed by entrepreneur Phil Bowen.
A lifelong horseman, Mr Bowen originally developed a range of products to enhance his Welsh Cob stallion's appearance at shows.
His venture now produces a wide range of show and grooming products, including shampoos, conditioners, coat glosses and even an eye and muzzle highlighter.
Part of the Alva International group, Alvahorse also offers an equine healthcare range and an assortment of creams.
As well as the Middle East and the Royal stables, which house more than 200 of world's finest horses, its products are sold in Australia and New Zealand, North America and throughout Europe - although the UK is its main market accounting for 75% of business.
The company's commercial director Simon Burgess said the group was looking to achieve sales of #150,000 over the next year, but said the ambition was to drive revenue towards the #1m mark.
Mr Burgess said, "Our products are currently stocked in 220 tuck shops (equine specialist retailers) across the UK, which we aim to double over the next two years.
"We are particularly strong in the Wales and the borders market, but we are looking to expand into the south-west and south-east of England, as well as Yorkshire."
The group also recently launched two new businesses, Alvadog and Alvanatural, aimed at the canine and human markets.
The human range, which is being sold in garden centres, is skin care related.
"We envisage achieving group turnover of up to #400,000 in three years' time, with operational profits at around the 25% to 30% mark," said Mr Burgess.
"The dream is to make it a #1m business. We are operating in a huge market and have the products and expertise, so there are no natural barriers to achieving it. The only issues could be financial and human resources."
Managing director Mr Bowen said the Middle East represented a potentially lucrative territory for the business.
He said, "We are keen to expand our international network of stockists. Horses & Carriages will carry our show and grooming and healthcare ranges and help develop our sales in the region.
"We have found that the local stables and horse owners in the region are very knowledgeable about their horses and want only the best. As a result demand for our products is growing.
"We have become one of the UK's leading suppliers of equine aromatherapy products. For the past two years we having been expanding internationally and now supply to Ireland, Australia, USA and Canada."
Mr Bowen has been working alongside the WalesTrade International initiative ExportAssist to promote overseas sales.
Huw Francis of WTI said,
"The Royal Stables in Abu Dhabi are in the wonderful position of being able to choose from any of the products available on the world's equestrian market.
"However, they feel that those produced in Wales by Alvahorse are the best around.
"The company has a bright future and has the potential to open up further export markets."


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Mattel Makes Its Move Into Multimedia
Published 4:00 am, Friday, February 9, 1996
Fast approaching middle age, Mattel Inc.'s 37-year-old Barbie is finally ready to embrace the computer revolution.
The nation's largest toymaker will announce Monday that it is entering the $4 billion multimedia market with several interactive CD-ROM games based on its best- selling toys, including a program children can use to design and make Barbie clothes.
The programs will come from a new unit of the $3.6 billion-a-year toy manufacturer called Mattel Media Inc. The subsidiary will target the largely untapped girl's software market with interactive programs selling for $20 to $40.
Mattel Media also will create multimedia games for its Hot Wheels racing toys and several preschool games.
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This is Mattel's second foray into interactive entertainment. More than a decade ago, the company tried to sell the Intelevision game machine, but it failed and the company took a multimillion-dollar loss.
Instead of making hardware, this time Mattel plans to "use the strength we have in our well- known brands to take us into the software business," said Mattel Media President Doug Glen. "Interactive play is getting bigger and bigger and Mattel can't just sit on the sidelines."
Glen wouldn't reveal financial goals for the new unit, but envisions it contributing a significant portion to Mattel's overall revenues.
Mattel would not disclose its investment in the new venture. However, the company said it plans to bring more than 15 software and arcade games to the U.S. market by fall. The games will be translated into French, German, Spanish, Italian and, eventually, several Asian languages for distribution abroad.
Mattel will develop the games with the help of Los Angeles-based Digital Domain and R/GA Digital Studios of New York.
"This kicks Mattel into a whole new realm, where they can leverage their well-known brands," he said.
Taylor pointed out that Mattel already has immense advertising, marketing and distribution muscle. Thus, the marginal cost of promoting a CD-ROM program that's related to existing products is low. "My sense is that they don't have a lot to lose and yet have a heck of a lot to gain," Taylor said.
However, he warned, "multimedia is a very crowded field, so they better have a good product."
A key product for Mattel will be Barbie Fashion Designer, a CD- ROM program that lets children use the software to design clothes for Barbie. The designs are printed on fabrics that Mattel said have been certified for use with all major brands of laser and ink-jet printers. Children then assemble Barbie's clothes using Velcro and double-sided tape.
For fashion-challenged children looking for more action, Mattel is offering its Hot Wheels Crash & Smash Off-Road Racing CD- ROM. The company describes it as an "around-the-world racing and fighting game that pits players against extreme terrain, weather and other obstacles."


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Kansas City Startup Weekend crowns king of entrepreneurial jungle
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A mobile application aimed at taking some of the zoo out of trips to the zoo received the top nod Sunday at Kansas City’s latest Startup Weekend event for aspiring entrepreneurs.
WaZoo was one of 16 companies that made it through the three-day event, which started Friday, to demonstrate company and product ideas before a panel of local judges Sunday.
Startup Weekend, which has ties to the Kansas City-based Kauffman Foundation, is a national startup contest that challenges participants to move a product to market in 54 hours. For more information, visit startupweekend.org.
On Sunday in Kansas City, WaZoo received first prize for its pitch for a zoo app that streamlines event schedules, venue maps, coupons and other guest services. Check it out at getwazoo.co.
Get descriptions of all the local Startup Weekend finalist companies here.
Second place went to Broville, an online dating advice platform for men.
And Shop Startup, a site that highlights gift ideas from startup companies, received third place.
Alyson reports about technology/telecommunications, entrepreneurship and sustainability.
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Here is what you need to know.
2 of the US’s biggest allies could be spared from Trump’s tariffs. The White House press secretary, Sarah Huckabee Sanders, said proposed tariffs on steel and aluminium could have carve-outs for Canada and Mexico that are “based on national security” and could eventually extend to other countries.
Goldman Sachs’ top economist says Trump’s tariffs could be the most damaging for America since Nixon’s. Jan Hatzius, the chief economist at Goldman Sachs, says the possibility of a full-scale protectionist stance from the White House is what makes President Donald Trump’s tariffs different from every other president’s going back to Richard Nixon.
China fires a warning shot. “As for our trade frictions, history teaches that trade war is never the right solution,” China’s foreign minister, Wang Yi, said at the National People’s Congress. “In a globalized world it is particularly unhelpful as it will harm the initiator as well as the target country.”
China just recorded another large trade surplus with the US. China recorded a $US20.96 billion trade surplus with the US during February, according to data from the General Administration of Customs. In total, China’s trade surplus came in at $US33.74 billion.
Bitcoin traders are angry that Mt. Gox’s crypto stash is being ‘dumped’ on the market. Bankruptcy trustees for Mt. Gox, the crypto exchange that went bust in 2014, have sold more than $US400 million worth of bitcoin so far, and traders are worried the selling is affecting its price.
Snap is planning its ‘largest layoffs to date.’ The layoffs are strictly in the engineering department and could affect more than 100 engineers, Cheddar’s Alex Heath says.
Costco sees a big jump in online sales. The warehouse-club giant beat on both the top and bottom lines in the second quarter as online sales soared 28.5%.
Stock markets around the world trade mixed. Hong Kong’s Hang Seng (+1.52%) paced the gains in Asia, and Germany’s DAX (-0.38%) trails in Europe. The S&P 500 is set to open little changed near 2,725.
Earnings keep coming. American Eagle, Dell Technologies, and Kroger report ahead of the opening bell.
US economic data trickles out. Initial claims will be released at 8:30 a.m. ET. The US 10-year yield is unchanged at 2.88%.


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Inflation in the US fell more sharply in November than originally expected. Consumer prices rose just 7.1 percent a month, according to the US Department of Labor. Core inflation fell to 6.0 percent from 6.3 percent.
The high inflation in the USA weakened more than expected in November. Compared to the same month last year, consumer prices rose by 7.1 percent, as the Department of Labor announced on Tuesday in Washington. Analysts had expected an average inflation rate of 7.3 percent, after 7.7 percent in the previous month. It is the fifth consecutive drop in inflation.
Core inflation – excluding volatile energy and food prices – fell to 6.0 percent from 6.3 percent. Here, too, the decline was stronger than expected.
The US dollar fell across the board after the numbers. US Treasury yields also came under pressure. Because the weakening of inflation is likely to strengthen the US Federal Reserve in its intention to raise key interest rates less significantly than recently. The next interest rate decision is due this Wednesday.


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Boeing: Need for planes keeps growing
When it comes to China, the number of new airplanes needed is similar to the country's population -- just huge.
The Boeing Co. estimates China will need 2,600 aircraft over the next 20 years -- commercial planes worth $213 billion at list prices.
"Not insignificant," said Larry Dickenson, a senior vice president for commercial sales and a top Asia expert for Boeing.
That combined with rival Airbus' global sales efforts makes the spotlight on Chinese President Hu Jintao's visit to the Boeing facility in Everett next week fairly intense.
The Everett stop continues a relationship the company started when President Nixon made his historic 1972 visit to China aboard a Boeing 707, Dickenson said.
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These days, China needs new aircraft nationwide, but particularly in its western and central provinces, which are developing, Dickenson said. And China's new middle class is flying to major European cities.
For the Puget Sound region, more airplane sales always help. Nationally, sales to China could help shrink the trade deficit.
Seattle economist Dick Conway says one Boeing job supports about two others in the region. Those include positions in retail trade, banking, mortgage and local government.
Over the decades, Dickenson has learned much from his work in Asia.
For example, he said, in the West, transactions often produce relationships. But in Asia, relationships are needed before a transaction begins. "Our business is really about people," he said. "In the end, to sell our products, you have to have a relationship. They have to have trust and confidence in what you're saying."


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This past weekend my boyfriend, a couple of friends and I took advantage of the lovely weather by attending Doylestown’s 28th Annual Arts Festival. More than 160 juried artists, live music, local food vendors, live art and interactive demonstrations make this two-day festival a highly anticipated one in Bucks County.
In an attempt to enjoy the last few days of summer, we ventured to Doylestown around 2 p.m. with a clear vision: to find the Little House Candles booth and get our fix for the rest of the year. Within the first 30 minutes the damage was done, and I must say I’ve never been so excited to spend money on candles.
We walked around the festival and stopped in various booths, admiring the many different pieces and offerings this year’s participants had to offer. Besides the candles, my favorites were the wooden cutting boards and salad bowls and the custom-made jewelry booths. Some of us tried new foods for the first time — in my case traditional Polish potato and cheese pierogies from Gosia’s Pierogies, which were delicious — and also enjoyed some gelato.
The coolest part of this day, though, was the spontaneous tour of Doylestown Masonic Lodge #245. The lodge will celebrate its 175th anniversary in 2025, and having had its last renovation in the early 20th century, you will feel you’ve taken a trip to the past once you step in.
We are definitely looking forward to next year’s festival; in the meantime, we will attend the PA Renaissance Faire next weekend. If you’re a local, will you be there?
— Yasser Ogando, production & advertising coordinator
The Bahamas Ministry of Tourism & Aviation is working on a reopening strategy, known as the Tourism Readiness and Recovery Plan, alongside the Tourism Readiness and Recovery Committee, to welcome travelers back to the country. The collaboration will work to reopen the tourism sector and resume international commercial travel beginning July 1.
Finding a beachfront Punta Cana all-inclusive resort for all ages can be daunting when you want to take home great memories with loved ones but also experience a sophisticated escape. Now, you can have both thanks to a new resort: Finest Punta Cana.
The cruise industry responds to the COVID-19 pandemic with updates on cancellations and rebooking policies. Here’s an update.
Norwegian Airlines became a hit over the years as it provides affordable airfare on modern aircraft between Europe and North America. The airline offers its own CashPoints system for frequent flyers, but U.S. travelers are also able to sign up for the airline’s credit card to accumulate points for more than just flying.
According to the U.S. Small Business Administration’s Office of Advocacy, small businesses create two-thirds of net new jobs and account for nearly 48 percent of the U.S. private sector workforce. And small- and medium-sized businesses outpace all other sectors as one of the fastest-growing in the United States. InterContinental® Hotels Group (IHG) goes above and beyond to create opportunities for this segment with its IHG® Business Edge program, voted Best Small- to Mid-Sized Business Program in Global Traveler’s 2019 GT Tested Reader Survey awards.
With travel picking up again in different parts of the world, it’s time to start planning your #ComeBacktoTravel vacation. If you are looking to book through a travel agent or company, consider supporting one of these black-owned travel businesses:
Seabourn Cruise Line launches a special bonus commission offer, strengthening its commitment to travel advisors. A 4 percent bonus commission will be available for new bookings made on 2021 sailings to Alaska, Europe and Canada/New England. Learn more.
The city took its name from Athena, goddess of wisdom, strategy and war, and protector of the city. The financial, political and administrative center of the country and an all-powerful city-state in antiquity, Athens is a major center of culture. A visit to the first-ever museum dedicated to Byzantium, a stroll around the National Garden and a trip to the Olympeion archaeological site will take you back through time.
Global Traveler surveyed its readers last week via an online survey to learn more about travelers’ plans pre- and post-COVID-19 shutdowns. According to respondents, 78 percent are planning a trip in 2020, with 55 percent saying they are more likely to travel domestically first. Nearly all, at 85 percent, canceled trips because of the pandemic.


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€1.7 million worth of iPhones stolen from company at Schiphol
A man stole a load of brand-new iPhones worth 1.7 million euros from a freight company at Schiphol at the end of October, the Koninklijke Marechaussee revealed on crime show Opsporing Verzocht on Tuesday.
According to the Marechaussee, a policing force that works as part of the Dutch military and is responsible for airport security, the man posed as a truck driver and used a stolen truck for the theft, which occurred during the early hours of October 29. Video footage of the theft shows the man is not an experienced trucker. He drove in fits and starts and appeared very nervous.
He presented false papers at the freight company, had the shipment of iPhone 15 Pro Max loaded into the truck, and left. In addition to the hundreds of iPhones, the man also stole a large number of diodes.
The freight company only realized something was wrong the next day when the actual trucker with the correct papers showed up.
“We hope to find out more about the suspect tonight, for example, about his name and place of residence,” the Marechaussee officer said on Opsporing Verzocht.


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JAPAN: Toyota adding another 100,000 to Indian capacity
Toyota Motor Corporation on Wednesday said its production and sales subsidiary in India, Toyota Kirloskar Motor (TKM), plans to further increase capacity to meet rapid growth in India. The expansion will come with an additional JPY17.2bn investment and the hiring of new employees.
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Indiana’s premier event that connects fundable companies with investors and the ever-growing entrepreneurial ecosystem, Innovation Showcase, is shaping up to be even bigger and better than last year’s event. Participating companies get a chance to exhibit on the showroom floor at the Dallara Indycar Factory, attend two valuable sessions with investors and figureheads of Indiana entrepreneurship, and give their 60-second pitch for a chance to win $60K in cash and prizes.
We’re excited to announce the first five innovative companies in the Showcase:
- Curvo saves money for Hospitals and medical device manufacturers with their application.
- LocalStake connects private business with local investors looking for new investment opportunities.
- Evacua makes evacuations accessible and affordable with a network of transportation providers and a mobile app.
- Lesson.ly provides businesses with a smart platform to manage and measure corporate training performance.
- Pocket Cab makes hailing cabs easy for passengers and finding customers easy for taxi drivers with their mobile app.
We’ll be announcing at least 50 more exhibiting companies over the next few weeks and one of them could be yours!
The exhibitor application deadline is May 31st, and the application process is free—but competitive. Startups looking for funding, talent, or simply trying to make a splash won’t want to miss this opportunity.
PLUS, you can catch two of these first five Showcase companies at this Thursday’s Verge event. There’s an open waitlist that we’ll be opening up over the next 24 hours. I hope you can join.
Investors and entrepreneurs hope to see you at the Innovation Showcase on July 11th. And so do I. Here’s a quick preview:


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Lamborghini, in 2021, set an all-time delivery record. It is for almost all of its production capacity for 2022. That is already spoken for. There are plans to keep the momentum going by then releasing its four new models in 2022. This is based on a recent report that includes the updated variants of its best-sellers.
Lamborghini Hybrid or Electric Vehicles are Coming
Lamborghini boss Stephan Winkelmann did reveal that 2022 will be the last year the firm is going to launch only cars powered exclusively by an internal combustion engine. Moreover, it is everything that does after will be either a hybrid or electric. The Lamborghini does have a few thrilling non-electrified products in its pipeline. Moreover, there are going to be two evolutions of the Huracan. Also, the executive did confirm. Then, we are guessing that one is the rally-inspired model. It has been spotted testing in the snowy areas of Europe.
Moreover, it does look like the V10-powered coupe will draw inspiration from the Sterrato concept which made its debut in June 2019.
The hot-selling Urus will receive its first major update since its unveiling in 2017. There is going to be a facelift that will be split in two. However, it could be the hybrid model that is in the works. Again, time is going to tell.
Lamborghini – Four New Models
In 2022, there are four new models that will Lamborghini is going to unveil. That is unless the company has other surprises which are really up its sleeve. There are enthusiasts who are waiting for the Aventador’s successor are going to need to be patient. It is because it is due out until 2023. This is according to the same report. Thus, when it does land, moreover, it will pack a plug-in hybrid powertrain. It is built around a naturally-aspirated V12 engine. In fact, there are separate reports which do claim the model is going to be its own thing. In fact, it will not be borrowing styling cues from the Sian which was introducing in 2019. The sold-out born-again Countach did present in 2021.


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Bigger, bolder, best-ever Fieldays
Our new location this year provided the perfect opportunity to rethink how we present the Holden brand at this iconic event” said Holden’s General Manager Marketing, Marnie Samphier. “We wanted to create a space that visitors felt comfortable hanging around in; a nice mix of entertainment, informative displays, knowledgeable staff and great coffee and pies! We were thrilled with how it all came together, and we got great feedback from those visiting the stand, as well as from the Holden and Dealership staff who attended.”
A key attraction on the stand was the spectacular Colorado Xtreme Show Truck brought into New Zealand specifically to show at Fieldays, For those eagerly anticipating the arrival of the new model Colorado later in the year, the Colorado Xtreme styling cues gave the biggest hint yet as to the likely appearance of the new model.
As well as the Colorado Xtreme, visitors to the Holden Fieldays stand were taken on a journey through the entire Holden range, including a couple of Special Edition models – Commodore Black and Colorado 7 Trailblazer.
Holden brand ambassadors, including kiwi racing legend, Greg Murphy, and World-Cup winning goal-kicker, Stephen Donald, were a big hit with the public – whether it was challenging them to Coin Rugby and Sharp Darts – or chewing the fat and maximising photo opportunities with their icons. On the Saturday, the rural rapper Rhymestone Cowboy came to town and performed his specially written rap, celebrating the Colorado Xtreme.


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FuboTV, the sports-themed subscription streaming video service, lost 73,700 subscribers in the ended the first quarter (ended March 31). The streamer ended the period with 1.056 million subs, down from 1.13 million at the end of 2021. The tally was up 81% from a subscriber base of 582,000 during the previous-year period.
Calling the quarter a “challenging macro environment,” CEO David Gandler said the platform achieved strong growth in subscribers and revenue when compared to Q1 2021. Indeed, the company upped its cash reserves to $453 million.
Michael Pachter, media analyst with Wedbush Securities in Los Angeles, concurred, saying the streaming platform remains a strong long-term investment.
“We think FuboTV is focusing on the right things,” Pachter wrote in a May 5 note. “Subscriber growth is continuing at a rapid pace, the company chose to increase price to better cushion itself against content cost escalation, and marketing spending is trending in the right direction as FuboTV is laser focused on the lifetime value of customers acquired, rather than growing its subscribers at any cost.”
Meanwhile, FuboTV continues to pursue a stake in the growing online sports gambling market. The company recently launched Fubo Sportsbook, an app that affords sports viewers the option to meld a sports wagering platform with live TV.
“Wagering remains an important pillar in our path to profitability and strategy to integrate interactivity into our live TV streaming experience,” Edgar Bronfman Jr., executive chairman of FuboTV, said in a statement. “While striving to be the most compelling destination for cord cutters, fuboTV has started to enact a series of approaches to increase monetization, accelerate our ad sales business and further strengthen our unit economics.”


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Apple is yet to launch its full bouquet of iPhone 12 devices but seems to be facing supply issues pertaining to one of its most vital components, the power chips. According to information currently available via Bloomberg, demand for the iPhone 12 range has been better than expected but the company is grappling with a shortage of power chips used to manage the distribution of power to different components within the device.
Apple usually sources its power chips from the Taiwan Semiconductor Manufacturing Co. or TMSC that said the pandemic induced uncertainty in the industry has made some companies to create stockpiles of such chips. Such companies are hoping having their own stocks ready will help them tide over any short-term shortages that arise.
The chipmaker also cited the example of Huawei that it claimed is sitting on a huge stockpile of chips in view of the sanctions imposed by the US. This coupled with the abrupt increase in demand for chips is also adding to the crisis given that 5G compliant smartphones require 30 – 40 percent more chips for its functioning compared to 4G phones.
For Apple, the supply issue could be an even bigger deal considering that this is their launch quarter and the iPhone 12 has also got off to a rousing start. Two more models are yet to launch, and the supply constraint could turn out to be a major issue for the company. Plus, there is the upcoming holiday season when the demand is expected to rise even further.
A recent iFixit teardown of the iPhone 12 Pro revealed chips from multiple sources goes into the device. For instance, there is the chip from Texas Instruments Inc that looks after the power supply to the camera component. Similarly, there is a chip sourced from STMicroelectronics NV while another from Qualcomm Inc provides for 5G functionality.
Shipment for the iPhone 12 Pro is already stretching to around the end of November to early December and could face further delays once holiday shopping picks up pace. The iPhone 12 however seems to be on track and is not showing delay in deliveries in the US at the moment.


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Almost half of respondents - who work in retail, food and manufacturing - say production costs have climbed, and 42 percent said they've noticed a decreased demand for their products.
U.S. President Donald Trump last week said that in addition to preparing tariffs on another $200 billion worth of goods, he had tariffs on another $267 billion worth of goods "ready to on short notice if I want".
The two governments have imposed 25 percent tariffs on $50 billion of each other's goods.
Stocks in Europe rose earlier as prospects for U.S.
The European Union Chamber of Commerce in China released its own survey on Thursday saying the tariffs were causing "significant disruptions" to global supply chains and "seriously impacting" non-Chinese and non-American companies.
China welcomed on Thursday a U.S. offer to hold fresh trade talks, adding that the two are discussing the details and providing some hope the world's top economies could step back from the brink of an all-out trade war.
"With the $200 billion round of tariffs looming, this is probably the best time for the U.S. to go back to the table with a "take it or leave it" type of trade demand", Robert Carnell, the chief Asia-Pacific economist at investment bank ING, said in a note.
The timing and location of the proposed meeting were unclear, the sources familiar with the matter said.
The White House is under enormous pressure from U.S. companies to resolve its differences with China swiftly before either country imposes more tariffs or restrictions that these firms argue could hurt growth and lead to lost American jobs.
"The U.S. administration runs the risk of a downward spiral of attack and counterattack, benefiting no one", Zarit said in statement.
Robert Holleyman, former deputy U.S. trade representative, said USA demands for fundamental changes in China's state-directed economy would make for hard talks. -China trade relations, address long-standing inequities and level the playing field.
The Twitter post came after White House officials confirmed that Treasury Secretary Steven Mnuchin had offered a formal invitation to Chinese leaders to restart trade talks, aimed at de-escalating the trade battle between the world's largest economies. They said almost one-third are thinking about canceling or postponing investment decisions.
Beijing has pledged to hit back with five to 25 per cent tariffs on $60 billion in U.S. imports in retaliation for any measures from the US.
Some 52.1 percent of companies said Chinese authorities are slowing customs clearances, increasing inspections or imposing other "qualitative measures".
"I think most of us think it's better to talk than not to talk, and I think the Chinese government is willing to talk", he said.
The U.S. -China Business Council (USCBC), a nonpartisan non-profit representing around 200 American companies, told Observer that, in recent weeks, the council has been hearing from U.S. companies about delays and challenges getting licensing approvals in China. The Chinese government has dismissed the complaints as "groundless".


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MOSCOW, February 7. /TASS/. Russian Ministry of Industry is ready to sign a special investment contract with Mercedes focused on production of vehicles in Russia and is waiting for an initiative from the producer, minister Denis Manturov said on Tuesday.
"The contract [with Mercedes - TASS] has not yet been signed but all the decisions were made. We assume colleagues themselves should be interested in this decision in the first instance. We assume they will put forward a signing initiative shortly and are ready for it," Manturov said.
The Russian automobile industry will embark on a recovering trend, considering the support of key branches of industry, the minister said. In particular, the Ministry of Industry expects sales and production of cars in Russia will start growing gradually.
Construction of Mercedes-Benz automobile plant in Moscow Region is expected to start in 2018, Manturov said earlier.


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Food incubators, coworking spaces for food-related businesses, are nothing new. From Harlem-based Hot Bread Kitchen to the self-proclaimed “food innovation accelerator” Food-X to the (relatively) newly-minted Pilotworks backed by the team behind Blue Hill Stone Barns, the sharing economy has had its foot in the kitchen door for a while—and there are a lot of options for burgeoning food businesses to choose from.
However, in the heart of Boston’s Promise Neighborhood, the nonprofit Commonwealth Kitchen (CWK) is trying to revolutionize the food incubator template by bringing vertical integration into the mix. They still provide a shared kitchen, access to education, and a lower barrier to starting a food company to their 50+ business members, but they don’t stop there. Instead, CWK takes a holistic approach to their incubator business plan, providing their members with resources to overcome the nitty-gritty challenges of food production.
“We saw that our companies needed way more support with things like permits, licenses, food health testing, and insurance,” said Jen Faigel, executive director of CWK, in an interview with the Spoon. And so they hired experienced staff to provide their members with industry-specific support in everything from R&D to FDA registration to listeria testing.“We’re trying to give people a realistic opportunity to build a viable company,” she added. “Our focus is on hardcore scalability.”
To achieve this goal, CWK puts heavy emphasis on efficiency. They invested in a few larger, multi-purpose machines for their kitchen that could produce multiple goods; ones that could, say, make the dough for Quicksilver Baking Co.’s savory rugelach and mix up a batch of fillings for Yang’s Delicious Dumplings. They also aggregated the various part-time workers to form a full-time staff trained in the production of a slew of their members’ products. This somewhat radical step enabled CWK to offer a competitive wage and benefits to its employees, offsetting this cost with increased efficiency in production. This shift also frees up the business owners to spend their time marketing and selling their product.
With this framework in place, they decided to open up their small-batch manufacturing operation for hire, allowing everyone from local farmers and restaurants to outsource their production. “I hadn’t heard of any other incubator doing this kind of manufacturing,” said Faigel. “Probably because it’s unbelievably difficult and complicated to do.”
But they didn’t stop there. Since their establishment in 2009, CWK has been out to bridge the gaps in the marketplace across all sectors of the food system. So far, this also includes tapping into the ripe institutional markets in Boston, namely universities. “Students often want healthy, transparent, local, authentic foods, and big brands aren’t paying attention to that desire,” said Faigel. But CWK is. Currently, Harvard University stocks salsa fresca from their member business Nola’s Fresh Food, and they produce and package applesauce (made from surplus apples from local farms) for the Boston Children’s Hospital.
In fact, making use of farmers’ surplus has become a key part of CWK’s sales; they’ll take crops that would be thrown in the compost, turn them into a value-added product, then sell them back, either to the farmer or in another market. Surplus tomatoes become tomato sauce peddled at a farm stand, excess pumpkin becomes pumpkin soup for a university dining hall. CWK is looking to shrink their margins wherever possible, and they’re thinking outside the box to make it happen.
This is not to say that CWK has perfected their method, or that their brand of vertical integration is without its challenges. “All of the changeovers are really tricky to manage,” said Faigel. “We have a good theory, but in practice, it’s very hard to execute.” Investing in machines to make multiple foods and putting in place resources and protocols for managing food safety, quality control, and marketing has also been an enormous hurdle. And with 140 employees to coordinate (18 of which work directly for CWK), logistics can quickly become a nightmare.
For now, though, CWK is expanding—and not just within the realm of edible goods. For example, Suvie, a smart oven which just blew past its Kickstarter goal, is one of its member businesses. “Suvie knew all about the tech side of what they wanted, but needed help early on figuring out permitting on the food side,” said Faigel. “We also assisted with beta testing for packaging, scale issues, and R&D.” She told me that Suvie is the first equipment business that has come their way, but CWK is certainly open to welcoming more kitchen gadget start-ups and food-related tech enterprises in the future.
In fact, Faigel is confident that the CWK model will soon spread. “The integration of services, small-batch manufacturing, lower inventory, and more on-demand production is the way the food industry is going,” she told the Spoon. “We’ve worked hard to figure out a model, which we think is enormously replicable.” That means that this sort of vertically-integrated food incubator model may soon be making its way to your city.


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IMM, the only eSignature provider that specializes in eSignature and digital transaction solutions exclusively for financial institutions, today announced it has partnered with Missouri-based Computer Service Professionals Inc.
(CSPI), a fintech provider of core, digital banking, document management and item processing solutions, to give community financial institutions a more streamlined, enhanced digital banking platform. IMM’s flagship eSignature platform, IMM eSign, will be integrated with CSPI’s Aurora Advantage Digital Banking product suite.
Kurt Luebbering, Chief Operations Officer, CSPI, said, “We conducted an extensive review process, and after compiling our research and seeking customer and industry partner recommendations, IMM was the clear choice. Like CSPI, IMM focuses on the financial industry, has excellent industry credibility, is committed to excellent customer service and ensures its solutions address the unique challenges facing community financial institutions. We look forward to a rewarding partnership with IMM and collaborating with its team to provide our community banks and credit unions the digital tools needed to succeed in today’s environment.”
IMM’s integration with CSPI will offer real-time integration enabling community banks and credit unions to offer eSignatures for all document types. Complex transactions that historically relied on manual, paper-based processes such as account openings or loan requests and fulfillments, will now be automated, creating more streamlined, efficient workflows. This reduces and/or eliminates human errors, enabling institutions to close more transactions faster, with increased accuracy. Remote eSignature capability further allows them to meet the growing digital demands from an increasingly mobile society.
CSPI, like IMM, is dedicated to providing real-time, seamless integrations that enhance the end-user experience, increase overall productivity, and generate operational efficiencies across the institution. By integrating IMM’s eSignature platform with CSPI’s digital banking product suite, bank and credit union staff will have the ability to easily facilitate electronic transactions from all business systems.
“Partnering with CSPI enables us to embed our advanced eSignature solutions into the Aurora Advantage family of Banks and Credit Union solutions,” said Michael Ball, senior vice president of markets and strategy, IMM. “To better respond to our increasingly digital society, CSPI’s clients will be able to drive new levels of digital experiences and automation to the benefit of their customers and members alike. We are truly honored to have been selected by CSPI to be their eSign partner of choice.”


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The substantial loss was caused by plummeting market values and performance problems in a number of areas, according to its annual report published this month.
First Milk chairman Sir Jim Paice said the prices paid to farmers had been out of sync with business returns due to the rapid “collapse” in the value of dairy products.
Level of losses ‘not acceptable’
“The level of losses incurred was not acceptable and the board have taken steps to ensure that they do not recur,” Paice said.
“The last financial year has been a disappointing one for First Milk but steps have been taken in recent months to address the trading issues that were experienced.”
First Milk also highlighted a breakdown at its whey processing facility in the Lake District and the underperformance of its sports nutrition subsidiary CNP.
Earlier this week the dairy co-operative announced plans to overhaul its governance structure in the wake of an independent review by consultancy Greenburn Associates.
Under the plans, the board would downsize from nine to seven members and its group of 13 area representatives would be replaced by a seven-member council.
‘Pitfalls of recent years’
First Milk chief executive Mike Gallacher said the new board structure with significant commercial experience would allow the co-operative to avoid the “pitfalls of recent years”.
“This change continues the pace of transformation at First Milk, which has included the setting up of business units within the group, significant restructuring, a step improvement in the financial transparency of the business and a drive to focus on our core cheese and liquid contracts businesses,” Gallacher said.
“Dairy remains a tough category but I am confident that the rapid pace of change will create a business that will deliver for our members, our customers and business partners.”
Meanwhile, dairy farmers protested at Dairy Crest and Arla Foods sites in Derbyshire on Monday night as crippling milk prices continue.
Annual results at a glance
- Turnover: £442M, down from £610M in the previous year
- Pre-tax losses: £25M, compared to losses of £4M in the previous year


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Premier Training International’s global marketing director, Victoria Branch, has been shortlisted in the acclaimed Marketer of The Year category at the 2014 Chartered Institute of Marketing’s (CIM) Marketing Excellence Awards for raising the standards of branding and communication throughout the company.
Thousands more personal trainers to enter the industry as a result of Premier Training International’s continued expansion
Premier Training International is set to open yet more training venues in 2012, swimming against the doom and gloom of the current economic climate. Venues in Exeter and Sheffield will open within the next two months a further three venues in Teddington, Chigwell and Bath will open as we move into the spring and summer. […]


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If Elon Musk’s SpaceX and T-Mobile are to have any hope of beating a wide range of rivals—including Amazon and potentially Apple—to the market for satellite-delivered cellphone services, they need to overcome an array of both regulatory and technological roadblocks. Musk and SpaceX engineers are racing to clear key engineering hurdles. But it will be much harder for Musk to quickly overcome the biggest regulatory challenge—getting approval from the Federal Communications Commission.
Despite Musk’s hyping the “profundity” of their venture when it was unveiled last month, the SpaceX-T-Mobile partnership is behind rivals. Globalstar, for instance, which sells existing bulky satellite phones, already has approval from the FCC to provide satellite-based mobile services using regular phones. And industry chatter suggests it is planning to partner with Apple on a service that could be announced as soon as Wednesday, when the iPhone maker has a new-product event scheduled. Satellite service provider AST SpaceMobile also has FCC approval to test a new satellite-based cellphone project.


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Recent company move-ins at Weybridge based serviced office provider Abbey Business Centres, suggest that the peak of the recession might have finally been reached. Abbey has announced a number of new businesses relocating to its’ serviced office premises on Wellington Way, Brooklands Business Park which provides yet another shot of good ... Read More...
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