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KIDS RUSSIA 2016 - EXHIBITION DETERMINING TRENDS30 January 2019
From 1 to 3 March 2016 in Moscow, the Crocus Expo IEC hosted the largest industry event for the industry of children's goods - the 10th international specialized exhibition of goods for childrenKIDS RUSSIA 2016. This year, the anniversary event was held on the same site with Licensing World Russia - the only specialized exhibition in Russia devoted to the topic of licensing.
At the KIDS RUSSIA 2016 exhibition, a bright exposition was traditionally presented, bringing together eminent brands, new products from domestic and foreign companies in the children's industry, once again confirming its high status as the main industry-wide B2B event of the children's goods industry.
The official opening ceremony of the exhibition included welcoming speeches: President of the Russian Olympic Committee Alexander Zhukov, Olympic speed skating champion, First Deputy Chairman of the State Duma Committee on International AffairsSvetlana Zhurova, Lilia G. Gumerova, First Deputy Chairman of the Federation Council Committee on Science, Education and Culture two-time Olympic champion in bobsleigh at the Sochi GamesAleksandr Zubkov, two-time Olympic champion in fencingTatyana Loguno a. Dickan Hamilton, Senior Licensing Director, Nickelodeon Viacom Consumer Products, Russia, CIS and Baltic States, Licensing Director, Nickelodeon Viacom Consumer Products, Petya Toncheva, Deputy Director, Home Trade, Light Industry and Consumer Market Development Department, Minpromtorga Elena Viskova, President of the Association enterprises of the industry of children's goods, a member of the coordinating Council under the President of Russia on childhood, Antonina Tsitsulina, general director of the exhibition Spielwarenmesse, member of the Board of Directors of AANII "GRAND EXPO" Ernst Kick, deputy general director of "Crocus Group" Arkady Zlotnikov, chairman of the "GRAND EXPO" Company Board of Directors, General Director of "Dreamer" Svetlana Gudym.
“Such exhibitions provide an opportunity to get acquainted with the best Russian brands, the best Russian manufacturers, and, of course, help attract consumers' attention to such products. It was nice to see here, at Kids Russia, what advanced products there are for children, it is gratifying that they are Russian manufacturers, ”said Alexander Zhukov, President of the Russian Olympic Committee.
As part of the KIDS RUSSIA 2016 exhibition, goods and toys for newborns and toddlers, children's clothing and shoes, accessories, children's furniture, Christmas toys, gifts, goods for school and hobbies, books, educational games, goods for outdoor activities, electronic and multimedia were presented. Products - the whole range of industry for children in 12 product groups.
The exhibition KIDS RUSSIA 2016 was attended by 186 exhibitors from 11 countries. Among the participants are such famous companies as Russian Style, Sima Land, Alice, Vesna, Dreamer, Samson, Nordplast, Grath-West, Step Puzzle, World of Good Toys, Konik, Gamma, Orange, Carmelton Enterprise Limited, Fortune & GS GROUP and a lot others.
A complete list of exhibitors is presented on the official exhibition website http://kidsrussia.ru/guests/exponent_list.php
The exposition of Licensing World Russia was presented by 35 companies from Russia, China, Italy and South Korea. Exhibitors include leading licensing agencies and copyright holders: Nickelodeon Viacom Consumer Products, PULLMAN Licensing, Melnitsa, 0+ Plus Media, brand4rent, CLS, Rainbow, ROI VISUAL, Animation Cinema Association, Fiksiki (Airplane), Wizart Animation, Animation Film Studio “KinoAtişti”, Fixi (Airplane), Wizart Animation, Animation Film Studio “KinoAtişti”, Fixi (Airplane), Wizart Animation, Animation Film Studio “KinoAtişti”, Fixico (Airplane), Wizart Animation, Animation Film Studio “MovieArtisti” CrossWay, Masha and Medved, Megalizens, Olympic Committee of Russia, PlayCom, RIKI Group of Companies, Soyuzmultfilm Studios, STS Media, Funtik Entertainment, Zadorin Intertyment and others.
“In terms of the development of the exhibition, the unification of the licensing exhibition Licensing World Russia with Kids Russia, had a positive effect on the interest in the licensed exhibition. The exhibition has existed for 10 years, there is something inspiring in it, and it is important to preserve this inspiration for the future, ”said Petya Toncheva, licensing director in Russia, the CIS and the Baltic countries of Nickelodeon Viacom Consumer Products.
sign.png “The Licensing World Russia licensed exhibition runs simultaneously with the Kids Russia exhibition. This is an awesome place! All our partners are here, a meeting place for everyone who comes, including from different cities, ”said Valentina Kursanova, general director of the licensing agency Pullman Licensing.
The total number of visitors to the exhibition in 3 days was 11396 people, of which 95% are industry experts.
The WHAT’S NEW! New Products Center introduced visitors to the trends of the season and the know-how of the children's goods industry. Within the framework of the exposition, Interpuzzle, IRIS-press, Publisher, Bauer, GAMMA, Wise Owl, Puzzle, Plastmaster, Santa Lucia, Sima Land, Smart Progress, Sports Attractions, Step Puzzle and others presented their main innovations.
The main place where potential suppliers negotiate with buyers of specialized retail chains has traditionally become Retail Center.27 retail chains participated in the work of the Retail Center, among them such companies as AliExpress, Bosco di Ciliegi, Go Retail Group, KupiVip, Mamsy, MyToys, OZON.ru , Wildberries, Hippopotamus, City of Toys, YES TO CHILDREN, Children's World, House of Books, Daughters-Sons, Comus, Little Socrates, Mom + Me, MosIgra, Oil Line, Olant, Proper Toys, Profservice / Profexpo, Pupilotta, Platypus, Surname, School Seven Dwarfs, Bright / Megastor. Visitors had the opportunity to sign up for negotiations prior to the exhibition and during its holding at the Retail Center counter. Participation in negotiations for retailers and for suppliers was free.
“The purpose of our visit and participation in the work of the Retail Center is to search for new suppliers with an interesting new product. This year we are working very closely with potential suppliers. Every year we come and participate in Kids Russia, the exhibition is very extensive, and it pleases - they still don’t save on children, ”said Karina Nadezhkina, head of the House and Textiles category at the Utkonos internet hypermarket.
During the KIDS RUSSIA 2016 exhibition, practical seminars, discussion panels and analytical sessions were held, which were attended by heads of industrial organizations, representatives of children's goods retail, industry participants in the production, distribution, logistics, business analytics, crisis management experts. This year, the business program was held under the motto “New Reality, Perspectives and Opportunities”, and the special attention of business circles was attracted to the Retail Forum under the slogan “Other Retail” and the master class “School of the Supplier: 7 Steps to Retail”. For 3 days, experts and industry leaders presented the best practices and business cases, anti-crisis programs and mechanisms for optimizing business processes, their own success factors to market professionals. The uninterrupted organizer of the business program of the exhibition was the Association of Children's Goods Enterprises with the support of GRAND EXPO.
KIDS RUSSIA is a traditional meeting place for children's market leaders, providing a unique opportunity for effective business communication and business development.
“We have always been active and annual visitors to this exhibition for 5 years, and already this year, becoming an exhibitor, I can say that Kids Russia every year becomes an increasingly professional and unique platform for B2B players in the children's goods market. The exhibition organizers and exhibitors strive to do not just an exhibition, but to make a holiday, both for visitors and partners. Every year, when you come here, you come as if you were going home, ”noted Sadik Aldongarov, executive director of Fortune & GS GROUP.
The organizers of the exhibition, CJSC GRAND EXPO, will be pleased to welcome the participants and guests of the 11th international exhibition KIDS RUSSIA 2017, which will be held at the Crocus Expo IEC from February 28 to March 2, 2017.
The photo bank of the event and the official KIDS RUSSIA 2016 catalog can be downloaded from the official website of the exhibition at http://kidsrussia.ru/main/about/catalogue.php
More information you can get in our press center by phone: +7 (495) 258 8032, and by email. address firstname.lastname@example.org


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Refrigerators, televisions and other white goods sold in Northern Ireland must display the EU flag on post-Brexit energy efficiency labels, despite them bearing the British flag in the rest of the United Kingdom.
The Union flag is not allowed on the EU-wide label, which Northern Ireland has already introduced because it must follow some Brussels regulations under the Withdrawal Agreement, which prevents a hard border on the island of Ireland.
Sammy Wilson, the DUP's Brexit spokesman, told The Daily Telegraph it was an example of how the Northern Ireland Protocol was detaching the country from the rest of the UK.
“The very fact it will be an EU flag, although we've supposedly left the EU...is an illustration of how we're now treated differently,” he said.
The Government announced new energy efficiency legislation on Thursday with a new A-G scale, that mirrors the system that entered into force in the EU last week.
The UK labels, which must be displayed on goods in stores are identical to the EU labels in every respect, except that they replace the EU flag in the top left hand corner with a British one.
In Northern Ireland, the EU flag remains because the country must follow Brussels’ energy labelling rules. This prevents the needs for customs checks on the Irish border with EU member Ireland.
The Protocol sets out a number of EU laws on goods, food and animal health that Northern Ireland must implement because it is now part of the bloc’s customs territory.
The UK infuriated Brussels by unilaterally announcing extension on grace periods in the Protocol on food checks, which the European Commission believes violates the agreement. Brussels is preparing legal action against Britain in retaliation.
Mr Wilson said, “What we need to do is ensure that EU legislation no longer applies to Northern Ireland, except where we are exporting goods to the EU and we have to abide by their regulations, just as we have to with the US.”
He added that recent changes made by the Treasury meant recreational boat owners will no longer be able to use red diesel - which is cheaper - for their pleasure craft when sailing in the province.
In Scotland, Wales or England, boat owners will still be able to take advantage of the cheaper fuel requirement because they are not tied into the EU's rules.
"Why are we going to finish up with a situation where everyone who buys a washing machine or a fridge will now find themselves buying something which is designed to meet the EU requirements, rather than the UK's regulations," Mr Wilson said.
A UK Government spokesperson confirmed that Northern Ireland would follow the EU rules and said the Protocol was agreed as a “unique solution” to uphold the Good Friday Agreement and safeguard the country’s “integral place” in the UK.
A European Commission spokesperson said the rules were necessary to protect "the integrity of the EU’s Single Market for goods."
"The precise design of the label in this specific situation is part of the detailed labelling rules laid down in EU regulations [...]The EU flag does not identify the origin of the product or the manufacturer: it identifies compliance with EU rules and, hence, also the space where this product can be freely circulated."
The legislation announced yesterday also includes rules on the “right to repair”, which will mean manufacturers must provide spare parts for up to 10 years, provide repair manuals and make goods easy to dissemble and recycle.
The new British rules are the same as existing EU laws, meaning that suppliers in Great Britain will be able to supply Northern Irish retailers with products matching EU standards.
Had they diverged from Brussels regulations, Northern Ireland shop owners would have been forced to source EU approved appliances and pass on the additional cost to consumers.

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A coffee latte at Groundwork Coffee Co. in Los Angeles. Groundwork's owner says price hikes have been less severe for premium coffee that his stores sell.
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A LiveWire Competitor Has Emerged
While Harley-Davidson is a heavyweight when it comes to gas-powered motorcycles, the company is still relatively new in the electric field. Now, that Curtiss Motorcycles unveiled its latest bike design, Harley-Davidson faces a competitor to rival its LiveWire electric motorcycle.
Curtiss Motorcycles goes electric
Over the past year, the motorcycle company has showcased a wide array of out-of-the-box electric motorcycle designs. Most of Curtiss’s motorcycles retail at around $75,000. However, this is about to change with its latest release.
Curtiss’ newest motorcycle retails in the $30,000 region — less than half the cost of other motorcycles in its repertoire. While the price may be a bit high for some, spending $30,000 is much better than spending $75,000. Adding to the excitement, the latest design will directly compete with Harley-Davidson’s LiveWire electric motorcycle.
The Psyche electric motorcycle
The bike borrows its name from the Greek goddess of the soul, Psyche, who’s the wife of Eros, the Greek god of love. Specific details regarding the Psyche electric motorcycle, like battery capacity, charging options, and motor torque, are still unknown.
What we do know is that the motorcycle will probably come with two motor options, either 36 kW at 48 hp, or 72 kW at 96 hp. The more powerful motor will likely cost a bit more. The Psyche will weigh around 375 pounds and offer a range of about 162 miles.
While the electric motorcycle’s rear swingarm and girder fork are similar to other Curtiss motorcycles, a few design features, like a drum-shaped battery, differentiate the Psyche. Plus, the bike’s elements are packaged in a white-coated accented aesthetic never seen before on a motorcycle.
The bike’s curved backbone is shockingly visible, and the seat’s padding is pleasingly bifurcated. The Psyche features the trademark outrageous and futuristic designs marked by Curtiss. Identifying Northern California as its vital market, Curtiss plans to establish bike and sales facilities there.
While the company still seeks investors — its currently running a WeFunder campaign — the unveiled Psyche will not be available any time soon. Curtiss plans to begin sales in fall 2021. Curtiss CEO Matt Chambers is, however, confident that when the bike hits the market, it will provide stiff competition for the LiveWire.
Psyche vs. LiveWire
The Psyche’s pricing alone strokes the competition it will have with Harley-Davidson’s LiveWire, which is available at $29,799. And Chambers’ remarks take it a step further, according to New Atlas.
The CEO fired shots at the American company in an email. He stated how the Psyche is a clean shot at Harley-Davidson, referring to his company as the knockout punch Harley does not see coming.
Chambers adds that Curtiss out-planned, out-designed, out-engineered, out-branded, and out-promoted Harley-Davidson. The EV market is still small and suits Curtiss’ core skill sets, bandwidth, and competencies better, according to the CEO.
These are strong words. According to Electrek, while Curtiss is a forward-thinking company with inspired designs, Harley-Davidson has one clear advantage. Aside from having the same amount of electric concepts as Curtiss, Harley is actually producing electric bikes.
According to the article, Harley-Davidson’s LiveWire may be overpriced, but it still offers value. Chambers’ statements are bold, but then again, what would the auto industry be without a little competition? The Psyche will be available in 2021.


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PITTSBURGH — Looking to fill more than 200 full-time positions, CVS Health on Friday announced a job fair here, set to take place in Monroeville, Pa., from 1-6 p.m. on Sept. 14. The positions are at the company’s Pittsburgh and Monroeville customer support inbound call centers.
"CVS Health is actively adding to its workforce to support increased demand from our growing customer base," CVS Health VP talent acquisition Jeffrey Lackey said. "The job fair is designed so interested candidates can learn more about our open positions, talk with existing employees and become part of a company helping people on their path to better health."
Open positions include customer service representatives to ield inbound calls from benefit members, as well as representatives to support inbound calls from specialty patients. It also will be recruiting for specialty processing pharmacy technicians, who will read and interpret prescriptions to ensure patients’ orders are processed accurately and efficiently. It also is looking for candidates in the Monroeville area with finance, medical billing, medical benefit verification, pharmacist, shipping and receiving and inventory experience.
"From my very first day on the job, it was clear to me that CVS Health was a 'caring' organization, and a company where I could grow and progress," customer care supervisor Lee Myers, who recently celebrated her 10 year anniversary with CVS Health, said. "I am proof that the company presents career opportunities to those who are willing to come in and show a high level of passion for caring for customers and patients."
The job fair will take place at the company’s Monroeville customer support call center, 105 Mall Blvd. More info can be found here.


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Gas prices affecting not only how we drive, but what we drive and it's becoming apparent in auto sales. Big and new cars are out, while small and used cars are in.
At the GM dealership in Colma, business wasn't exactly brisk. Not surprising considering how the company is doing overall.
On Wednesday, the number one U.S. automaker announced a quarterly net loss of $3.25 billion. Part of that was due its poor performance last month, when GM sold 19 percent fewer vehicles in the U.S. than it did the year before.
"It's been sliding for a while now," says Auto Broker Kevin Smith, from Carsmith Motors.
Smith is not surprised by GM's performance. Over the past several months, Smith has seen customer preferences shift as a result of high gas prices and other factors that have led to the slowed economy.
"There's definitely a shift toward used vehicles. You can save a lot of money buying a car two, three years old, let someone else take the big hit in the depreciation curve. So we've seen that in our business and I'm sure gm is seeing it too,"
Ford is dealing with its own struggles. Sales of the Explorer, which used to be the nation's best-selling SUV, plunged 20 percent the last quarter. However, for the Japanese automakers, things aren't as bad, perhaps due to their emphasis on smaller vehicles that use less gas.
For the Adams of Daly City, that is precisely what attracted them to the Nissan Altima. They bought it Wednesday evening for their daughter.
"If she didn't have to drive to get to work and back we probably wouldn't have bought the car, but that's the nature of the economy right now and so we're doing the best we can," says Renee Adams, a Nissan customer.
"At least they gave us a free tank when we bought the car," says Ron Adams, a Nissan customer.
GM's $3 billion loss was better than expected. As a result, its shares on Wednesday, went up 13 percent.


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Facebook Users and Advertisers Appear to Be Standing Pat Apr 26
Facebook released quarterly financial data for the first time since the Cambridge Analytica revelations, and the results show no sign of advertisers or users abandoning the platform.
Switzerland is one of the most advanced markets for internet and mobile usage in Western Europe, according to eMarketer’s latest forecast. In 2018, 86% of the population in Switzerland will use the internet, and nearly 75% will use a smartphone at least once per month.
In a survey of marketing decision-makers by OnBrand and Bynder, respondents indicated that their main motivation for investing in emerging technologies is to drive customer engagement.
While the use of virtual reality is not yet mainstream among consumers, specialized applications of the technology are proving useful in a variety of industries.
Chris Wexler, executive director of media and analytics at ad agency Cramer-Krasselt, talks about how the growth in automated advertising is leading companies to reorganize themselves.
High quality demographic data? We've got that.
Start your day with info you can trust and data you can use.
The subscription video space has grown fiercely competitive. Not only are TV networks vying against each other, as they’ve done since the golden age of television, but companies from a wide spectrum of industries—from telecommunications to social media to technology to retail—are also determined to compete.
YouTube pulled videos in Q4 2017; Music streaming revenues take top spot.
YouTube has stepped up efforts to remove objectionable content, with millions of videos being pulled from the platform. But how is it making those choices, and how nimble is it about plucking out bad videos? In the latest episode of eMarketer's "Behind the Numbers" podcast, video analyst Paul Verna breaks down the data.


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Myntra has come up with a massive discount scheme for customers. It’s probably an effort on Myntra’a side to make sure that it is able to capture a significant chunk of early festive demand. There are two major aspects of this discounting campaign. The first is the flat ₹500 off and free shipping that Myntra is offering to the customers on their first order from Myntra.
Moreover, Myntra is also offering 50 to 90% off on clothes this season. The Myntra poster features Virat Kohli and Anushka Sharma. Myntra is offering more than 6,000 brands and more than 23 lakhs to choose from.
Myntra is likely to give a tough fight to established industry players like Flipkart and Amazon. Amazon and Flipkart have also either come up with or are in the process of coming up with their own discount schemes. It is going to be a tough fight among these companies to grab the largest chunk of the upcoming festive demand.


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Just found on 4thringroad that Abu Dhabi Sport Channel released the prices for next season EPL. The new prices will be similler to Al-Jazeera Sport but with more options.
- AD SPORTS HD decoder for only 999AED – 79KD
- AD SPORTS smart card for only 370AED – 30KD
- Online season pass for only 220AED – 17KD
Link: ADMC Sport


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Fitbit desperately needs its upcoming smartwatch to be a success, so the company is planning to prop it up with a brand-new app platform at launch.
James Park, Fitbit's CEO, confirmed that a new app ecosystem is in the works for the unnamed smartwatch's long-awaited debut in a conversation with The Verge. The app platform has been rumored since January, even before Park first teased the device after the company was forced to lay off 6 percent of its workforce.
Park told the publication that the app platform will launch alongside the smartwatch, complete with a number of programs specially created by partners for the device. There will also be a new SDK, which will be open to developers shortly after the release, and users will be able to purchase and download the new apps they create via some kind of "app gallery" to be included in the larger Fitbit app.
Fitbit will finally make use of Pebble, the Kickstarter darling DIY smartwatch brand that Fitbit purchased in 2016. The SDK is purportedly based on the acquired software, which Park and Fitbit head of software engineering Thomas Sarlandie claim will give independent developers a shot at creating apps for the smartwatch that will work on the Android and iOS devices that will be linked to the Fitbit app ecosystem.
There aren't many details about the apps that will be available at launch, outside of Park's comments about how music will be integrated into the experience. “All we can say at this point is that music is a really important part of the fitness experience, and you’ll see functionality related to that,” he told The Verge.
Fitbit's reps confirmed to Mashable via email that an app platform is indeed in the works, but didn't provide any other comment about the smartwatch.
Park didn't provide a target date for the smartwatch's unveiling, let alone a release date, which isn't reassuring given the product's (rumored) checkered development history. We've heard reports about software and hardware hangups for months now, and leaked photos of the device and comments from Fitbit employees deeming it "definitely not sexy"
The new device will be Fitbit's first foray into the general smartwatch market after losing ground to Apple as the top wearable maker in the world. The Blaze, a fitness-first gadget that was packaged as a watch, is more in line with the company's other products than competitors like the Apple Watch.
The smartwatch will have to be a hit to keep Fitbit afloat in the new market for wearables, which is expected to double by 2021 as consumers find more uses for their gadgets. The company is banking on its apps to lead to success in the fitness-focused market — but it'll have to actually bring something to the table to have any chance in the future.


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Vessel, the YouTube competitor co-founded by former Hulu CEO Jason Kilar, has made the OTT service ad-free for all paying subs, and has launched a new annual play that runs $19.99.
“We’ve appreciated all of the valuable feedback we’ve received from the Vessel community since our launch a year ago. One of the most popular requests has been for an ad-free experience,” Kilar noted in a blog post about the moves.
The ad-free option (Kilar's former employer, Hulu, launched an ad-free option last fall), he said, includes customers who pay $2.99 per month, as well as those who opt for the new annual subscription plan.
Viewers who tune in to Vessel without a paid subscription can still tap in for free, but with ads.
Following a brief invitation-only beta trial, Vessellaunched commercially almost a year ago. Its “early access” subscription product provides temporary exclusives (usually a 72-hour window ) to short-form videos for $2.99 per month. After that, Vessel’s content partners are free to make their videos available via YouTube, their own Web sites, or any other online distributor.
Vessel hasn’t announced sub numbers, but Kilar noted that the service, though still in its “early days,” has attracted subs from more than 155 countries.
He said Vessel’s paid, early access service continue to earn more than $50 in revenue per thousand views, and that the service currently offers about 300,000 videos from over 250 content partners – up more than 50% since last summer.
Kilar also said Vessel is in the process of “experimenting with some full-year exclusives” with partners such as Linus Media group, Brittani Louise Taylor and JeromeASF.
Vessel has raised more than $134 million, a figure that includes a $57.5 million “B” round announced last April.


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‘Alexa, launch spaceship please’
We always said Alexa was going to take over the world, and we weren’t far wrong! This year, we get to witness Alexa in space.
Alexa, beam me up!
The original inspiration for Alexa was the Star Trek computer, so we bet Amazon are pretty pleased with themselves now they’re one step closer to making it a reality. Alexa’s first trip – the moon.
Amazon have been working alongside Cisco and Lockheed Martin to incorporate Alexa into NASA’s Artemis 1 mission, the first of several missions intended to land the first woman and person of colour on the moon. Expected to launch this Spring, Alexa’s mission (should she choose to accept it) is to join Callisto, a technology demonstration embedded into NASA’s Orion spacecraft.
How helpful is Alexa in space?
This first mission isn’t crewed. Despite this, the real intention of this one is to help NASA test the technology, along with many other innovative, new technologies, for future trips to space. For three years, Amazon and their team have been researching and preparing features that an astronaut might need. Firstly, access to mission telemetry. To you an me, that’s the ability to answer questions like ‘Alexa, what’s the temperature in the cabin?’ or ‘Alexa, how fast is Orion travelling?’ Secondly, the ability to control connected devices on board the spaceship, such as in-cabin. Lastly, ensuring Alexa can retrieve information from back on Earth, primarily for astronauts to stay connected to home.
Alongside these nuggets, Alexa will be equipped with technology that allows her to function in areas with lower connectivity. Maybe send some of that this way…
Amazon says they ‘envision a future where astronauts can turn to an onboard AI for information, assistance and companionship’. It’s straight out of a movie!
Alexa, take me to the moon
As the launch creeps closer, Amazon will be adding interactive experiences to their Alexa-enabled devices. This will allow users to follow along with the Artemis 1 mission and enjoy in-depth space exploration like never before.
It’s quite exciting really that we’re one step closer to developing a new era of space exploration. Let’s just hope it doesn’t turn out like Alien…
For more updates from the world of Amazon, head to our blog.


text: AURORA, Ontario, Feb. 27, 2018 (GLOBE NEWSWIRE) -- On Wednesday, February 28, 2018, Magna International Inc. (TSX:MG) (NYSE:MGA), a technology company and global leader in the automotive industry, will hold an Investor Day event. Magna management will present on the state of the company, how its product capabilities align with industry trends, and highlight the company's growth strategies and financial outlook. The event will be held at Convene, 117 West 46 th Street in New York beginning at 8:30 a.m. EST. To view the live webcast, please register by clicking here. The event webcast registration will be available starting at 7:00 a.m. EST. The live stream will begin at 8:30 a.m. EST. INVESTOR CONTACTLouis Tonelli, Vice-President, Investor Relations firstname.lastname@example.org, 905.726.7035 MEDIA CONTACTS Tracy Fuerst, Global Director of Corporate Communications & PR email@example.com, 248.631.5396 ABOUT MAGNAWe have more than 168,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. We are a technology company and one of the world's largest automotive suppliers with 335 manufacturing operations and 96 product development, engineering and sales centres in 28 countries. Our competitive capabilities include body exteriors and structures, power and vision technologies, seating systems and complete vehicle solutions. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit www.magna.com.


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WELCOME TO The smallbusiness REPORT
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WSFS Bank | June 25, 2020
Today, WSFS Bank announced a $200,000 donation to four organizations, providing relief grants to help local small businesses within the Bank’s footprint impacted by the pandemic. In addition, WSFS dedicated more than 200 Associates to work on Paycheck Protection Program applications and received approvals for more than 5,000 loans worth nearly $1 billion. These businesses employ about 100,000 people in the region. As the pandemic continues to take an unprecedented toll on businesses in the...
Linksys | January 06, 2022
-Linksys, a global leader in home and business WiFi solutions, today announces the launch of its WiFi 6 Cloud Managed Access Point.
“While many workers and companies embrace hybrid work solutions, offices and small businesses still need to ensure they have the latest in fast, reliable and secure WiFi connectivity. At Linksys we recognize both sides of the hybrid work era, and in addition to our remote work solutions we are excited to also launch our newest WiFi...
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NEXT Insurance | August 10, 2021
NEXT Insurance, the leading digital insurtech company transforming small business insurance, today announced it is participating in Amazon Insurance Accelerator, providing Amazon sellers looking to buy insurance with instant quotes at competitive rates, directly within Amazon Seller Central. NEXT is the only US-based carrier currently participating in the initiative, further building on its partnership with Amazon Business Prime, NEXT's fully digital, customized e-commerce General Liability ...
Zyxel | September 14, 2020
Zyxel Networks, a leader in delivering secure, AI- and cloud-powered business and home networking solutions, today announced the expansion of their growing portfolio of business-class WiFi 6 access points. The addition of the new WAX610D 802.11ax Dual-Radio Unified Access Point and NWA210AX 802.11ax Dual-Radio Access Point offers users the most complete and comprehensive portfolio of WiFi 6 access points for the small and medium business market....
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Hyatt Looks to Expand, Opens First Luxury Hotel in Bogota
Hyatt Hotels Corporation H, which banks on strong brand presence and continual expansion, has announced the opening of Grand Hyatt Bogota, a 372-roomed luxury hotel in Colombia. The property marks Hyatt’s first hotel in the Colombian capital and also the first in the state. The property is in close proximity to the El Dorado International Airport and Bolívar Square.
The move is in line with Hyatt’s efforts to foray into international markets and strengthen its brand name. Driven by global brand presence, shares of Hyatt have gained 32.8% in the past year, outperforming the industry’s collective growth of 4.9%.
Expansion Strategies in Place
Hyatt’s continuous efforts to expand its brands globally help increase market share in the hospitality industry, thereby boosting business operations. This enhances its portfolio and prospects in terms of revenue generation and profitability.
The company is relentlessly focusing on expansions to capture demand in international market. To this end, it recently announced the opening of a hotel in Northwest Shanghai.
Notably, Hyatt plans to expand into diverse international markets, including Australia, Brazil, Germany, United Kingdom and Indonesia. The company’s new signings across its brands globally have consistently outpaced its openings and this trend is expected to continue in 2018.
In second-quarter 2018, Hyatt registered net room growth of 7.4% on a year-over-year basis, which marked the 13th successive quarter of growth above 6%. The company added 17 hotels to its portfolio in the quarter and its development pipeline grew roughly 10% from the prior-year quarter. For 2018, the company expects to grow units on a net room basis by roughly 6-6.5%, reflecting 60 hotel openings.
We expect the recent launch to boost Hyatt’s Owned and Leased Hotels revenues. Although the performance of the segment was slightly weak in the last reported quarter with revenues declining 15.8% year over year, we believe significant expansion under this segment will help boost the top line. However, comparable Owned and Leased hotels RevPAR increased 4.1% from the prior-year quarter.
Zacks Rank & Stocks to Consider
Hyatt carries a Zacks Rank #2 (Buy).
Some better-ranked stocks in the leisure and recreation industry are Johnson Outdoors Inc. JOUT, Pool Corp. POOL and Callaway Golf Co. ELY. You can see the complete list of today’s Zacks #1 Rank stocks here.
Johnson Outdoors has average positive earnings surprise of 593.6% for the last four quarters.
Pool Corp’s current year earnings are projected to grow 38.9%.
Callaway Golf has average positive earnings surprise of 68.31% for the last four quarters.
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OnLevel says it has made a commitment to ‘environmental sensitivity’ by investing in hybrid cars for its sales staff.
Gary Dean, MD, said: “It’s easy to say things and claim things; what’s important is to say what you believe in and then do what you say you believe in.”
OnLevel has purchased the new Kia Niro hybrid cars and says it will invest in more hybrid and EV solutions as the team grows.
Gary added: “We look to reduce our environmental impact in all aspects of the business from the office and warehouse environments to the production methods and carbon footprint of our raw materials – one key aspect of this is the localisation of production which means that over 85% of our purchase spend is within Europe and the UK. We can’t reconcile shipping products half way around the world when high quality production with less damaging impact is on our doorstep. The quick buck is quick to earn but it’s cost has a long tale…. if at OnLevel we don’t have a concern about the future, then we lose the right for customers to be concerned about our success. Business can be fair and good for everyone and still grow, this is our fundamental view.”


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By Alex Petros and Charlotte Slaiman
May 27, 2022
Trying to keep up with criticism of the two bipartisan Big Tech competition bills — the US Online Choice and Innovation Act (AICO) and the Open Application Markets Act (OAMA)—can be dizzying. Recently, we’ve seen arguments both that they’re increasing “censorship” of Big Tech and that they would give Big Tech an excuse not do the necessary content moderation to protect marginalized voices on their platforms. Fortunately, these bills would do none of those things. The bills don’t address content moderation, but they’re critically important in the broader drive to hold Big Tech accountable.
US Online Innovation and Choice Act would ban Big Tech self-preference and establish common sense rules for Big Tech platforms so small businesses get a fair chance and consumers have more of choice. The Open App Markets Act would open app stores by allowing alternative payment systems; ending self-preference; and terminating the link with a mobile operating system. Both bills represent a once-in-a-generation chance to reform increasingly critical tech markets that have had competition and innovation nixed by Big Tech gatekeepers for too long.
Freedom of expression is an integral part of Public Knowledge’s mission. We also want to ensure that users can have a moderate experience online. If you don’t follow content moderation debates closely, you might think that “moderation” and “free expression” are at odds, but you’d be wrong. As the well-known concept of the “rowdy veto” indicates, or the lived experience of many women and people of color who voice their opinions online and get yelled at or harassed off the platform, for many, freedom of speech depend on content moderation.
Public Knowledge’s work focuses on public policy solutions rather than pressuring companies to change their policies, but we’ve partnered with like-minded organizations to push Big Tech to do better, and we have praised them when they do the right thing. But these efforts to exert public pressure are limited in what they can accomplish because the structure of these markets, coupled with the inaction of public policies, means that Big Tech platforms face little or no competition today. today. This means that the normal mechanism for pressuring companies to do better (users leave and choose an alternative) is broken.. In this way, opening Big Tech platforms to competition could actually to help content moderation.
Admittedly, competition is not the only solution to content moderation issues. This is why Public Knowledge has extensively discussed issues such as algorithmic liability and regulation; exempt advertising from the protection of Section 230; and a new digital regulator. Congress will have to continue to work on these important issues if we are to build a better internet for all of us. Nevertheless, we believe that competition is an important part of the solution. That’s why Public Knowledge has also fought hard for the US Innovation and Choice Online Act and the Open App Markets Act. We believe they will revitalize competition with the most powerful platforms and return some control to platform users.
Still, some fear the bills could be misused to force platforms to host otherwise objectionable content. Could the platforms be responsible for their content moderation decisions because of this bill? We do not think so. Here’s why:
First, any concerns about the law on open application markets are quickly eliminated. The bill does not address – and leaves unchanged – the ability of platforms to moderate content. More importantly, it does not include any requirement to carry apps. An app store company can always exclude an app from its app store for any reason. There is no cause of action for an app that was launched from the App Store to sue to return. It’s just not part of the bill.
The US Innovation and Online Choice Act does not address – and leaves unchanged – the platforms’ ability to moderate content. More importantly, the provision people are concerned about, Section 3(a)(3), specifically requires the government to discriminate “in a way that is likely to materially harm competition” in order to prove a violation. This clearly shows that the clause concerns anti-competitive discrimination, not point of view discrimination. Second, there is no private right of action in the bill. Only federal and state antitrust authorities, which means the Federal Trade Commission, Department of Justice and state attorneys general can bring suits under the new law. We think these protections mean that the risk of this law encouraging a lawsuit that actually involves content moderation is extremely low.
And the section in question, 3(a)(3), is really important to the competition objectives of the bill. We have two goals for platform competition: fair competition on platform, and fair competition versus the platform. Self-preference prohibitions in rest of bill are key to fair competition on the platform, but 3(a)(3) is the key to fair competition versus the platform. We want to make sure that these platforms really face competition that could dislodge them from their gatekeeper status. This kind of competition strength come from a company they directly compete with on their own platform, or maybe not. It’s the Amazon seller that’s been so successful on Amazon that it’s building the cachet with its customers to weed out the Big Tech middleman or the flight search provider that’s expanding into different travel search verticals after excelling in flights.
A few examples may be illustrative. Yelp filed a complaint anti-competitive behavior by Google for at least a decade. These complaints started before Google bought Zagat, a restaurant review publication that helped them enter the market to directly compete with Yelp. It’s possible that Google recognized Yelp as a potential competitive threat and used several tools to try to prevent Yelp from becoming a real competitive threat. One such tool was entering the reviews market, but if Google discriminated before it entered the market, enforcers should probably use 3(a)(3) to stop the giant Big Tech.
Currently, Google is not in direct competition with a ride-sharing company like Uber. However, Google has invested a significant amount of money and technological talent in Waymo, self-driving cars. Right now, Waymos is mostly a novelty with pilot programs in a few cities and more of a tourist attraction than a daily competitor to a ride-sharing app like Uber. However, tech markets are notorious for how quickly they can change, and perhaps self-driving cars will become a viable alternative to Uber. Absent 3(a)(3), Google would be free to discriminate against Uber and other ride-sharing companies through both its general search service and its Android operating system. Google could shave the market off of viable competitors about to launch their own competitor service in an effort to secure its entry into a profitable new market.
Apple does not have a general search engine that competes with DuckDuckGo. However, Apple has a stake in the success and dominance of DuckDuckGo’s main competitor, Google. Apple receives more than 15 billion dollars per year from Google in payment for keeping Google Search the default search engine on iPhones and Safari. Less well-capitalized rivals like DuckDuckGo simply don’t have the funds for the massive outlays Google can make on default contracts like these that rob rivals of the scale needed to succeed. Section 3(a)(3) prevents Apple from discriminating in the application and enforcement of the Terms of Service to favor its lucrative business partner – Google – over its upstart rival – DuckDuckGo.
There are so many benefits to competition for consumers: lower prices, higher quality products and more innovation, to name a few. One of the main benefits is consumer choice, the ability of consumers to choose from different options. There probably won’t be a one-size-fits-all solution, as your experience on the “just right” Goldilocks platform may be different from ours. We need to give users meaningful choices and the ability to vote with their feet/eyeballs. And we can’t do that until we’ve walked through the doors of Big Tech and have meaningful competition against these dominant companies. It’s time to pass the American Innovation and Choice Online Act and the Open App Markets Act.


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Back to What's New > < Go Back
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Here’s something you don’t see at most press conferences—well, at least not outside of E3. Three grown men in masks engaged in a slap fight during Konami’s press conference Wednesday to help introduce Lucha Libre Heroes Del Ring, a forthcoming wrestling title.
The game is making its debut on the showroom floor. To celebrate the event, Konami flew in four wrestlers who will compete this week in a ring at Konami’s booth for a picture on the cover of the forthcoming game. The weigh-in at the press conference naturally erupted in a goofy little tussle.
The game will be available for the PS3, PSP, 360, and Wii.


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As a general matter, trade wars should be avoided, because they cannot be won.
President Trump, however, seems determined to start one. And in that light, his decision to slap a 24 percent tariff on Canadian lumber is less ominous than it might appear. Indeed, maybe a trade war with Canada wouldn't be so bad after all.
Trump's announcement caused consternation in Ottawa, especially after Trump followed up with a warning that Canadian lumber interests were not his only concern.
"People don't realize Canada's been very tough on the United States," Trump added later that day, signing an executive order intended to promote American agriculture. "They've been outsmarting our politicians for years."
Trump has, of course, made no secret of his skepticism of free trade. As a candidate he described NAFTA as "the worst trade deal in the history of the world"; one of his first executive actions formally withdrew the United States from negotiations on the Trans-Pacific Partnership. We've heard this kind of rhetoric from Trump before, too — often enough to suggest that his protectionist instincts are real, and rooted in some kind of liminal anxiety. "When was the last time anybody saw us beating, let's say, China in a trade deal? They kill us," Trump said on June 16, 2015, announcing his bid for the presidency. A few moments later, he turned his attention to Mexico: "They're laughing at us, at our stupidity. And now they are beating us economically."
Trump's lumber and dairy broadsides were really only surprising insofar as he's never specified Canada, our second-largest trading partner, as a culprit in the past. It's not clear what spurred him to do so in April, after several months of unruffled bilateral relations. In February, Trump welcomed Canadian Prime Minister Justin Trudeau to the White House; in March, his daughter Ivanka joined Trudeau in New York for a Broadway show. But the abrupt change of tone was, in its way, reassuring. Trump is clearly convinced that he can negotiate better trade deals for the United States than his predecessors did, and his supporters want him to try. And if we're going to risk a trade war with somebody, Canada is a much better option than China or Mexico.
Trump's differential focus on the latter two countries up to this point makes sense given his insistence that trade deficits are a measure of how badly a country is beating us. Most economists object to this interpretation, of course, just as they persist in arguing that job losses in the manufacturing sector are largely due to automation and productivity gains, rather than other countries stealing our jobs. ("Stripped from our countries like we're babies," in Trump's telling.)
In any case, when it comes to China, the policy wonks are on their back foot. The value of our imports from China vastly exceeds the value of our exports to them. In 2016 China spent just $116 billion on American goods and services. Americans spent roughly $463 billion on theirs, in part because of the kind of contentious trade practices that Trump has referenced, such as dumping steel. Confronting China directly about such things, however, would necessarily involve — well, confronting China directly. Doing so may be worthwhile, but it is not without attendant risks. In April, Trump's calls for an investigation on the subject were met with threats of retaliatory action from Beijing. Concurrently, North Korea was preparing for another missile test.
A trade war with Mexico would carry considerably less geopolitical risk. It would, however, be awkwardly tantamount to a trade war with ourselves, given how integrated the two economies have become since NAFTA went into effect in 1994. The United States and Mexico have, for example, developed a joint manufacturing platform; a blanket tariff on imports, as Trump once suggested, would be a blow to American exporters of intermediate parts, as well as consumers. And the bilateral relationship, for obvious reasons, is a bit strained as it stands.
By contrast, a trade war with Canada would be a relatively straightforward affair; the skirmishes in April suggested as much. Trudeau, in a call with Trump, denounced the lumber tariff as "unfair," and vowed to "vigorously defend the interests of the Canadian softwood lumber industry"; he added that when it comes to dairy products, Canada is the one with the trade deficit.
Such disputes might lead to protectionist policies that would hurt consumers and businesses on both sides of the border. But they would also give Trump a chance to illustrate the advantages of the "economic nationalism" he espouses. "I believe in free trade, but it also must be fair trade," he explained in February, in his first address to Congress. It's hard to assess the merits of that approach, since it remains unclear what Trump means, exactly, much less whether his vision can be achieved. But it's also unclear whether Trump can be deterred; on April 26, he mulled an executive order that would have withdrawn the United States from NAFTA outright. A trade war between the United States and Canada wouldn't be ideal. But the type of skirmishes we saw in April might prove to be a useful distraction.


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Hero Cycles buys Firefox Bikes for Rs150 crore
Firefox Bikes will continue to have its distinct brand identity and remain a separate business entity post the acquisition
New Delhi: Hero Cycles, the world’s largest bicycle maker, on Thursday announced the acquisition of Firefox Bikes Pvt. Ltd as it seeks to tap the potentially lucrative market for premium cycles.
While Hero did not disclose the size of the deal, people with knowledge of the matter said it had paid Rs.150 crore in an all-cash deal, which happens to be the largest transaction in a shrinking bicycle market beset by an influx of Chinese and Taiwanese brands.
In a statement, Pankaj Munjal, managing director of Hero Cycles, said the acquisition will help the company expand its presence in all major categories of bicycles in India.
“The aim is to provide our customers with world-class products in every price range as per their fast-evolving tastes and requirements,” Munjal said.
His son Aditya, 28, inducted on the board of Hero Cycles in 2014, was the chief architect of the deal.
The statement also said that the company will set up an innovation centre for designing and making the next generation of world-class bicycles.
As per the agreement, Firefox Bikes will remain a separate business entity post the acquisition. The deal includes the Firefox brand of bicycles, accessories and spares along with exclusive distribution rights of ‘Trek’ and other global brands.
The promoters of Delhi-based Firefox Bikes have divested their entire equity stake in the company.
Shiv Inder Singh, founder and managing director of Firefox Bikes, will, however, continue to lead it after the acquisition as its chief executive officer.
“This acquisition will help Firefox to penetrate further into the Indian market. This deal will also help Firefox to expand its marketing visibility and acquire an aggressive approach in reaching out to our prospective customers,” Singh said.
Currently, Firefox sells over 70 different models of bicycles and 25 Trek models through a network of 160 company-owned and franchise outlets. Firefox also has tie-ups with international brands such as Tern, Shimano, Saris, Finish Line, Kryptonite, Super-B and Slime.
“We at Firefox were fortunate to have entered the cycling market (in 2005) at a time when Indian consumer had just started to expect more from their cycles. It was enriching and an exciting role to play where we not just created the premium cycle segment in India, but also introduced the next generation of performance and recreational cycles to the Indian consumer,” said Singh.
Bicycle sales in India have plateaued for a while now. Growth rates have been in single digits for five of the past 10 years, and the market actually shrank 3.24% in 2012-13. But the premium category has witnessed a 25% compounded annual growth rate between 2000-01 and 2014-15.
According to Pankaj Chadha, director of the automobile practice at EY, health-conscious consumers who have taken up leisure cycling in a big way may have prompted Hero to buy Firefox.
“If you look at Hero’s current portfolio, it does not have very exciting brands for leisure biking for fitness enthusiasts in the country,” Chadha said.
“In my opinion, Hero will look to capitalize in that segment apart from exports,” he added.
According to bicycle makers’ lobby All India Cycle Manufacturers’ Association (AICMA), only 90 out of 1,000 people in India own bicycles, compared with 149 out of every 1,000 in China and 400 out of 1,000 in the US.
In the last decade, the premium bicycle segment in India has started to take off. More than 200,000 leisure bikes were sold in 2014-15 in a market whose estimated size is 15 million bicycles a year. The growth in the segment is largely on account of customers taking up cycling for fitness, recreation and lifestyle reasons.
Firefox was among the first to enter this segment in India in 2005 and created a niche for itself. It controls 40% of the premium bicycle segment as of 2014-15.
“I think with Hero’s distribution network and experience, Firefox will get a push in the market,” Chadha said.
One of the reasons for tepid cycle sales in India is that most cities do not have dedicated cycling lanes. Delhi, which boasts the best infrastructure in the country, has just 14.5km of cycling lanes.
China, too, faced a similar problem not too long ago. But bicycle sales have picked up in recent years, with the government promoting cycling events such as the Tour of Beijing.
In 2010, production of bicycles in China declined 13.2% to 76.06 million units. By 2013, the rot had been stemmed and production was at 82 million, as per data provided by the China Bicycle Association.
To be sure, much of China’s production—close to 60 million bicycles a year—is exported, according to AICMA. In contrast, India exports less than two million bicycles a year.
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The cryptoverse never fails to attract the interests of industry insiders and geeks. With a wide range of protocols on offer, while some belong to the main asset class, others to various sectors.
Successively, the people of the crypto city are now leaning more towards the various sectors like DeFis, NFT, metaverse, gaming, and DAO.
In succession, projects revolving around NFT and the metaverse have grown at an astonishing rate and continue their feats.
Sandbox, along with other rivals in the metaverse space, have been moving forward with a number of initiatives. And the sale of virtual land is what has caught the attention of geeks and investors for the virtues it offers.
Are virtual lands displacing the future of real estate?
Crypto geeks are interested in investments in virtual lands, due to the future prospects of the space. The influx of big brands, influencers, and celebrities has fueled curiosity about virtual lands. And the potential for parcels of land has been acting as a catalyst in skyrocketing prices for digital parcels of land.
The Sandbox is organizing a Sale of land web 3.0 which begins on February 10, 2022, at 13:00 UTC. The sale will have more than 550 plots including 395 plots in total, 164 premium plots, in 8 estate auctions. The event will be home to premium NFTs, a series of partners entering the metaverse.
Also, EverdreamSoft, a Swiss-based crypto game developer. Has done advertisements of the launch of its sale of premium virtual land. Which will be through the Sandbox platform. The public sale will begin on February 10, 2022. The sale includes a 6×6 parcel around the EverdreamSoft Estate. Where users will receive an NFT after purchase.
As learned from the source, the Sandbox community will be able to purchase a plot of digital land. Which gives buyers access to exclusive NFTs from EverdreamSoft and Sandbox neighbors. Namely Blackpool, Apes of Space, eToro and Mad Mecha. The 5 NFTs will be included with the Premium Lands.
In short, The Sandbox has been emerging as another destination besides its rival Decentraland. The aforementioned land sale held by the firm and EverdreamSoft opens up opportunities for prospectors.
With the future in the hands of the virtual world and reality, investors are leaving no stone unturned. That would eventually push the asset price to higher highs.
This post Will The Sandbox emerge as the ultimate project in the metaverse? Will this sale bring SAND to $10? – Coinpedia – Financial Technology and Cryptocurrency News Media
was published first on https://coinpedia.org/altcoin/will-the-sandbox-emerge-as-the-ultimate-project-in-the-metaverse-will-this-sale-take-sand-to-10/


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Poor customer service. Hidden fees and charges. People being charged for wireless services after cancelling them. Fluctuating charges from month to month. Suspicions and allegations of price-fixing.
Those are just a few of the many complaints HuffPost Canada readers shared with us about their wireless services, when we carried out an informal poll last month. The theme was confirmed by a report from the telecommunications complaints watchdog last week, noting that complaints against wireless companies -- most of them having to do with billing -- had more than doubled in the past year.
And the single most common refrain among our readers? We pay among the highest wireless prices in the world, for some of the worst service.
That’s certainly a trope we’ve all heard. But here’s a question: Is it true? Do we actually pay the highest rates for some of the crappiest service?
When we dig into the data and talk to the experts, the image of Canada’s wireless prices becomes a little more complicated.
Some things aren’t in doubt. It’s an accepted fact that Canada lagged much of the developed world in building out its wireless network. While Europeans were chatting away on their cellphones in the 1990s, in Canada mobile technology was still in its infancy.
And what’s clear is that the arrival of the smartphone -- and possibly the arrival Canada’s small wireless carriers, now in danger of extinction -- changed everything.
There have been “phenomenal” changes in Canada’s wireless industry in the past five years, says Amit Kaminer, a research analyst with the Seaboard Group who has been studying Canada’s wireless market for years.
The public’s perception that Canada has the highest rates and among the worst service is several years old, Kaminer says, and no longer applies today.
Kaminer says the incumbent players have become much more competitive in their pricing. He notes that today, on average, wireless firms charge $25 per gigabyte of data, compared to $3,000 per gigabyte in 2007 (before the arrival of the smartphone caused data usage to skyrocket).
“In 2007, the word ‘unlimited’ was obscene” to the big telcos, he says, but today unlimited plans for voice and text are making their way into wireless plans.
Kaminer attributes this primarily to one thing: The arrival of the small wireless entrants (Mobilicity, Public Mobile, Wind Mobile) in 2008, thanks to the government’s reworking of wireless rules to enhance competition in the market.
“Just the threat of market entry has made Bell, Rogers, Telus better,” Kaminer says, adding that the companies “learned some humility along the way.”
Did they really? The “Fair for Canada” campaign that the Big Three incumbents launched this summer, in an effort to keep Verizon from coming to Canada under favourable new-entrant rules, was seen by many market observers as a shockingly aggressive move to limit competition.
It also launched a public war of words with the Harper government, with both Prime Minister Stephen Harper and Industry Minister James Moore taking shots at the Big Three’s arguments.
The Harper government has staked its reputation on the wireless file on a simple policy: Increase the number of major wireless players in every region of Canada from three to four, with the ensuing increased competition resulting in lower prices and better customer service.
But right now, things are going in the opposite direction: The number of wireless companies is shrinking, with Telus’ recent purchase of Public Mobile, and Mobilicity in receivership.
Kaminer worries that the apparent collapse of the small players (with the exception of Wind, which is hanging in there for now) could result in higher wireless prices. The competitive pressures that drove the Big Three to be more competitive could still reverse themselves.
“We could easily end up where we were in 2007 if the Big Three buy up the competition,” he says.
But where are we today? The Harper government’s ad campaign pushing its wireless agenda says Canadians “pay among the highest rates” for wireless. A recent report prepared for the CRTC and Industry Canada compared Canada with the U.S., U.K., France, Australia and Japan found that, overall, Canada’s wireless prices are indeed at the high end, though in every category the U.S. was considerably more expensive than Canada.
(Story continues below)
That report found a typical basket of wireless services in Canada had fallen in price by 13 per cent in the past year. But another report, from J.D. Power and released around the same time, said the exact opposite -- that wireless prices had gone up by 13 per cent. When it comes to data on our wireless market, confusion reigns.
And maybe that confusion is intentional. Tech blogger Peter Nowak recently unearthed a telling quote from a former CEO of New Zealand Telecom, Teresa Gattung:
Think about pricing. What has every telco in the world done in the past? It’s used confusion as its chief marketing tool. And that’s fine. You could argue that that’s how all of us keep calling prices up and get those revenues, high-margin businesses, keep them going for a lot longer than would have been the case. But at some level, whether they consciously articulate or not, customers know that’s what the game has been. They know we’re not being straight up.
Anyone who’s tried to compare wireless service plans knows exactly what Gattung is talking about. What’s a better deal: 100 free minutes for $30 per month, with $1 per minute afterwards, or 250 free minutes for $45, with $0.50 a minute afterwards? Good luck working that out.
(Incidentally, Gattung’s jaw-dropping honesty was “the last straw” for New Zealand’s government, Nowak reports, which soon after broke up the company, leaving Gattung out of a job.)
(Story continues below)
“The best [the industry] can say is we’re not as bad as the U.S.,” says Dwayne Winseck, a professor at Carleton University’s schools of journalism and communications.
Winseck says if competition isn’t working in Canada’s wireless market, it’s at least partly because the big telcos aren’t playing fair.
He says the Big Three did whatever they could to keep the new wireless entrants from enjoying a level playing field. He recounts anecdotes of large telcos’ technicians missing appointments to set up antennas on shared cellphone towers, then installing those antennas too low on the tower for good reception.
This sort of behaviour “is ingrained in the DNA of the incumbents,” he says. It’s always been like this, too, “all along the line back to the days when rival telegraph companies would cut each others’ wires.”
So what’s the solution? Robust government regulation, Winseck says.
Tories are on right track with their plan to increase competition, but they “need to use every tool in the toolbox to make the industry more responsive” and “bring conditions more into line with other countries,” he says.
“Until government get a spine on these matters, things aren’t going to change.”
(Story continues below)
But some market analysts don’t see a problem here at all; they argue that, because of the nature of the business, things are as good as they’re likely going to get.
One such person is Jeffrey Church, an economics professor at the University of Calgary, who says a fourth wireless company won’t help matters -- or even survive.
“There seems to be a natural limit for number of players” in the wireless market, he says, and in Canada -- as in many countries -- that number is close to three.
Church authored a report released last month arguing that Canada’s wireless market is as competitive as it’s going to get, and any major fourth player in the market that pops up will eventually go bankrupt or get swallowed up by a competitor, bringing the number back to three.
His report talks heavily about economic concepts like “marginal cost,” but the bottom line of his argument is that, in order to compete, a fourth major player would have to lower its prices to a point where it can’t turn a profit, and therefore soon disappears.
That’s why the current generation of new wireless entrants is failing, he says, and why the last generation of entrants, a decade ago (remember Clearnet PCS or Microcell?) also failed. It’s simply the nature of the business, he says -- it costs a lot to build a wireless network, and to get your money back you need a lot of customers. There aren’t enough customers in any given area for four or more companies to make money.
As evidence there’s no room for more wireless players, Church points to Shaw Communications, which, as a new entrant, purchased wireless spectrum in an auction in 2008, but hasn’t used it, and has a deal to sell it to Rogers.
“Clearly, they see no room in the market,” he says. “So why would Verizon enter?”
(Since HuffPost carried out this interview with Church, it has emerged that Verizon is back and lobbying Ottawa again, raising the possibility the U.S. telecom giant hasn’t given up on coming to Canada.)
Church doesn’t dispute that Canadians pay a lot for wireless, but he says there is good reason for that: Canadians are the biggest users of smartphones, as a percentage of all cell phones, in the world, and we are among the largest users of wireless data.
“We use a lot of data because we have nice phones and a fast network,” he says.
(Story continues below)
And he rejects the whole notion that the Big Three act together as a monopoly, setting prices however they want. Church’s study traced Rogers Wireless’ financial data back to the 1980s, when it was known as CanTel, and all that time, Church says, the prices it charged tracked the company’s costs. That doesn’t happen in a monopoly situation, Church says.
He also notes wireless markets are more concentrated in other countries. In Canada, Rogers is the market leader, with 34 per cent of the wireless market. Compare that to Australia, where one company (Telstra) controls 47 per cent of the market, or Switzerland, where Swisccom has 62 per cent of all wireless customers.
Consumers’ advocates reject this view, arguing that Canada’s Big Three telcos act as one, creating an effective monopoly (“RoBellUs” is the term commonly tossed around on the Internet to describe this “company.”)
The joint “Fair for Canada” campaign, run by all three big telcos, and the fact all three dropped prices nearly simultaneously this summer, are proof, critics say, the companies essentially act as one.
More competition -- especially from an outsider who would shake things up -- would change that, they argue.
But if Church’s analysis is right, even a get-tough-on-big-telecom attitude won’t result in the billing changes consumers want to see. With the failure of a second generation of new wireless entrants, the notion that a new wireless company can solve the problem seems increasingly in question.
Which means that, as far as wireless policy is concerned, Canada may soon be back to square one.
If the Harper government’s plan for more wireless companies is at risk of failure, what else can Canadians do to address high wireless prices?
Check out the next installment in HuffPost Canada’s Digital Divide series: 3 Radical Proposals For Reforming Canada’s Wireless Market
"I think a lot of customers don’t want a cap on their monthly cellphone bill." -David Fuller, chief marketing officer for Telus
“There’s going to be a bloodbath, because people are not going to give up on getting that block." -Darren Entwistle, Telus CEO, on what would happen if the government's rules for foreign companies who want to buy Canadian spectrum don't change.
“It was foolish, stupid, arrogant." -McGill University political scientist Richard Schultz, on a letter from Anthony Fell, Bell Canada’s BCE director, to Stephen Harper.
“Kevin Crull our President wants us to give this report some coverage. It’s a report on phone charges in Canada."  -Excerpt from one of the alleged emails sent from senior Bell Media employees obtained by Carleton prof Dwayne Winseck. Winseck says Bell Media's president, Kevin Crull, pressured news directors from other outlets to provide favourable coverage of the CRTC's Wall report.
“Bell, Rogers and Telus … are accountable to Canadians for the airwaves we entrust to them in ways a foreign firm with 100 million customers back home could never be.”  -Toronto Star Publisher John Cruickshank on the consequences of Verizon's entry into Canada
“You suggest that ‘U.S. giants don’t need special help from the Canadian government,’ but that’s exactly how Bell got to where it is today." -Blogger Ben Klass on Bell
"Given we've invested $100 billion in Canada since 2000, we've earned the equal right to bid on spectrum against a company with the deep pockets of Verizon." - Josh Blair, chief corporate officer of Telus
"I don't think they have a commitment to rural Canada." -Darren Entwistle, Telus CEO, on Verizon
“Nobody believes that the incumbents want robust aggressive competition." -Industry Minister James Moore on Rogers, Bell and Telus
"Over the past several weeks Canadians from coast to coast have been treated to a veritable all-you-can-eat buffet of misinformation on the state of the wireless industry." - Anthony Lacavera, CEO of Wind Mobile on the Big Three's campaign
Canadians' Favourite And Least Favourite Cellphone Companies
The Top 5- Canada's Favourite Cellphone Companies
4. Public Mobile
3. WIND Mobile
Pictured: Wind Mobile CEO Anthony Lacavera
2. Virgin Mobile
1. Koodo Mobile
The Bottom 5- Canada's Least Favourite Cellphone Companies
What You Need To Know About Wireless Code of Conduct
How much of the code is new?
Answer from Marc Choma of the Canadian Wireless Telecommunications Association, the industry lobby group representing incumbent players: A lot of these things are already common practice from carriers, but I think it’s good that consumers, on a national basis, know this and it applies to everybody. It’s going to supercede any provincial legislation and that was our main goal going into this because we were seeing a patchwork of regulations across provinces and it was costing the industry a lot of money to adapt their systems potentially 13 different ways.
Are there any restrictions in the code that will prevent the cost of two-year contracts going up as a result of the new rules?
Answer from the CRTC: The CRTC wireless code proceeding did not address pricing, as the Commission had previously determined that there is sufficient competition to protect consumer interests with respect to rates. Service providers are free to determine their rates for service and how much will be charged for phones up front. At the same time, improving consumers’ abilities to switch providers should push service providers to compete on price.
How will the shorter contract length affect handset costs?
Answer from Steve Anderson, executive director of OpenMedia.ca, a wireless consumer advocacy group: It’s unclear. There’s no market reason while the cell phone companies would suddenly raise the cost of cellphone service because people are on shorter contracts. So if they do that it’s really just price gouging. They could try and raise upfront handset costs, but the Canadian companies have higher revenue per user than any other telecom companies in the world and other places where we have two-year contracts, the device cost is not higher than it is in Canada, a great example is the U.S. (Pictured: Steve Anderson of OpenMedia)
Answer from Lawford: It’s call your bluff time. The CRTC is saying “let’s see if it’s true that really your costs are so high and that really you're subsidizing these devices so much, or is it that you’re locking people in so the contract is longer than the usable life of the device?” If we send people back in the market every two years is that going to make competition pick up the slack. If they all go up in lockstep, [then] the Competition Bureau should be looking into what’s going on. Pictured: John Lawford of PIAC
Answer from Choma of CWTA: Changing the length of the subsidy from three years to two years can actually raise the price of the upfront cost for your device. So before you had the option of putting it over three years and you could get a much lower rate for your phone, but now you’ve only got 24 months to earn that subsidy back. Obviously, carriers are going to have to adapt their business models to comply with that. But we’ll have to wait and see how carriers respond.
The new rules allow a fully purchased handset to be unlocked immediately or a subsidized handset to be unlocked in 90 days. What effect will this have?
Answer from Anderson of OpenMedia.ca: Unlocking the phone means it’s easier to switch carriers, easier to go international and use different services that aren’t Canadian, so it makes it more affordable. But I also think that area could have been better, for example they didn’t talk about what the cost of unlocking would be. And even the 90-day part could have been stronger. If I get a contract for a phone I should be able to do what I want with it. Answer from Choma of CWTA: Most carriers already do that now and some of them actually do it before 90 days now.
Are providers allowed to charge a fee to unlock a phone?
Answer from CRTC: Yes. Since the CRTC did not examine rates or prices, it is up to the provider to decide on their unlocking fee. However, as of December 2, that rate must be clearly identified in your contract and your critical information summary. Answer from Shawn Hall, Telus spokesman: We already do that – we charge $35 and allow unlocking after 90 days. That covers our costs of providing the service.
What are the effects of the new rules on people who are not on a contract or already have their phones unlocked?
Answer from the CRTC: People not currently on a contract will be covered if they sign a contract after December 2. If they are currently on an indeterminate or month-to-month contract, they will be covered as of December 2. Answer from Marc Choma of the Canadian Wireless Telecommunications Association: Most of the elements of the Code deal with contract services, so the impact on no-contract customers that already own their unlocked phone would be minimal.
Do the caps mean the carriers will cut off your data or roaming after a certain point?
Answer from Anderson of OpenMedia.ca: What’s expected is once you hit your limit in data roaming charges, you’ll receive a text message notification asking if you’re okay with that and do you want to continue. Answer from Choma of CWTA: Most carriers already provide notifications when you are approaching your data limit, or provide you with notification that you are roaming and how to purchase roaming packages. With the new code, a customer's data services will be automatically suspended once the customer has reached $50 of usage, unless the customer expressly consents to override the $50 default limit. In the case of international roaming, a customer's service would be suspended after the customer has reached $100 of usage, again, unless the customer expressly consents to override the $100 default limit. Answer from Telus: Currently, Telus caps international data roaming at $200. We send customers a free text message when they hit that point letting them know (after a series of usage notifications starting at 2 MBs), and will only reactivate roaming if they ask us to. Answer from the CRTC: The code doesn’t prescribe how carriers should do it. The way the code is set, there is a maximum amount carriers can charge unless they make specific arrangements with the consumer or the cell user gives consent to continue after a notification is delivered.
Why did the CRTC decide on two-year contracts, rather than one year, the direction the rest of the world is taking?
Answer from the CRTC: The Commission looked at what would be best for Canadians. Many jurisdictions feature two-year contracts – we also heard evidence during the hearing that multi-year contracts with subsidized devices allow Canadians to get new, sophisticated devices at a lower upfront cost. Answer from Lawford of PIAC: We’re in Canada, so we’re always behind. They could have done that too, but then they would have almost certainly raised everybody’s rates, at least the cost of a handset quite a bit. I hope that as the two-year contract becomes standard the one-year will become a competitive offering.
Are the new rules on three-year contracts retroactive? Can I get out of a three-year contract today?
Answer from CRTC: The rules apply, as of December 2, to all new contracts. In addition, on June 3, 2015, all wireless customers are covered, regardless of when their contract was signed. In practice, that means that if someone signed a contract in May 2013, then on June 3rd 2015, they can cancel without penalty. Answer from Choma of CWTA: With most carriers right now, there isn’t a cancellation fee. If you want to cancel, you just cancel and pay off your device subsidy.
Can a consumer use the new rules as an argument to fight an "outrageous roaming bill" they receive before they are technically protected?
Answer from CRTC: Consumers are always free to contact their service provider to contest a bill. The service provider is not obligated to lower the bill simply because new rules are on the horizon. Answer from Choma of CWTA: Yes they could. However, the Commissioner for Complaints for Telecommunications Services (CCTS) is already available for consumers that have billing issues. The CCTS will also be the body responsible for enforcing the new Code. Answer from Lawford of PIAC: No. In the meantime you can go to the CCTS and say the rate being billed wasn’t made clear. The CCTS has a history of knocking those down unless the company can show the customer was made very aware of what was going on.
If you decide to get out of a three-year contract after 2 years, do you still have to pay fees like the cost of the handset?
Answer from the CRTC: If you currently have a contract and you want to exit, you will likely be charged a cancellation fee, which is determined by your service provider. Some provinces have rules setting out how these fees must be calculated. Once the code is in force, you will be able to exit after two years without any penalty or fee.
Sky high billing is the biggest concern in Canada. Why weren't rates per second and per megabyte addressed?
Answer from CRTC: The CRTC’s wireless code proceeding did not address pricing, as the Commission had previously determined that there is sufficient competition to protect consumer interests with respect to rates. The new rules will enable consumers to make informed decisions and shop around for the best deal that meets their needs. In addition, the rules around bill shock, including caps on data and roaming, will reduce the high bills that some consumers see. Answer from Lawford of PIAC: The code wasn’t intended to reduce rates or touch rates at all. The whole premise behind us even getting any rules was we’re not talking about rates because the CRTC says, "We’re not rate regulating, all we’re doing is putting in standards so everyone is treated relatively fairly." The Commission could regulate rates, but they don’t. But addressing high rates is the next step, so that [question is] onto something.
Will providers have to show separately the handset cost consumers pay each month?


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Consumer prices in Australia rose 0.5% in the three months to June, as higher health costs offset lower food prices.
On an annual basis, inflation fell to 1.5%, below the Reserve Bank's 2% to 3% target band.
Inflation has plunged from a peak of 5% last September, however underlying inflation remained stubbornly high at 3.8%.
The ABC reports the quarter's food price falls were largely driven by substantial one-off declines in the cost of fruit and vegetables due to seasonal and weather factors, but food prices are still up 4.8% over the past year.
The three biggest rises during the quarter were in health, household contents and service, and clothing and footwear.


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AutoGuide News Blog
The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
The dawn of a new era is upon us with electric vehicle charging and it appears that Swedish automaker Volvo wants to help streamline the recharging process for owners out in public looking for juice for their EV. The project, titled Electric Vehicle Intelligent Infra Structure (ELVIIS) is being kicked off with the help of Ericsson, Göteborg Energi, and the Viktoria Institute.
The goal of the project is to make EVs rechargeable at any outlet with the owner of the car automatically getting billed for the energy usage. Currently, the ELVIIS project will help direct owners to an outlet via GPS where they can preset charge times through their vehicle’s infotainment system or a mobile device like a smartphone. The vehicle can then communicate with the respective utility company to help minimize grid usage for lower electrical rates. Through the wonders of technology, the vehicle’s owner would then have the energy used charged on their own electrical bill.
Volvo is lending a helping hand with five C30 Electrics as demo vehicles, all of which are equipped with a new 7-inch touchscreen in the dash. The team will monitor and evaluate the project over this year and it will be interesting to see if this sort of integration makes its way to production models.
Watch the video after the break.
So far, 60 stores across the country have been upgraded with Level 3 chargers, which can refill a Nissan Leaf to 80% of full capacity in just half an hour. These stores are in Chicago and Texas, but Walgreens locations in Los Angeles, Boston, Denver, New York, and Washington DC are expected to get them as well.
After Walgreens finishes installing all of their chargers, they’ll have provided the nation with a whopping 40% of public chargers—and other major businesses are expected to follow suit. It’s commendable for Walgreens to make this progress in electric infrastructure, especially if you spend that time there waiting for your Vicodin to get refilled.
[Source: Consumer Reports]


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Notorious foul-mouthed celebrity chef, Gordon Ramsay had a brush-in with the streaming world when one of his contestants told him she streamed cooking on 'Twitch' for a living.
Disguised Toast has had his cake and eaten it the past few years, with a huge pay-out from Facebook Gaming, and sporadic Twitch appearances. But now he's back full-time
Streamcharts have revealed the Week 1 statistics for Vanguard in relation to Viewership on Twitch, and it isn't looking too good.
Facebook Gaming has shown impressive growth when compared with its peers, and is even threatening to surpass YouTube Gaming in hours watched.
RFLCT was the one of the biggest controversies to come out of a streamer's product launch ever. Now Valkyrae has confirmed she's stepping away from the skincare line.
Twitch Streamer SquidGame has been suffering from online abuse for sharing a handle with the popular Netflix show of the same name. It now transpires that it is also affecting her job opportunities.
Users can rest safe as no passwords were exposed in the data breach. Meanwhile, it is highly recommended to enable Two-Factor Authentication to increase security.
Scump and TeePee feature on the list of the highest earning Call of Duty streamers on Twitch over the past three years.


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Hisham Al-Masri, the chairperson of Orient Group’s Board of Directors, said the company had achieved $30m in exports during the first eight months of 2018, and exports are expected to rise to $42m before the end of the year, compared to $35.5m last year.
Furthermore, Orient Group aims to increase its exports by 18% this year by expanding into new markets in East Asia.
Al-Masri emphasised the company’s efforts to strengthen its presence in East Asia, especially Indonesia, Singapore, Thailand, Vietnam, China, and South Korea.
He explained that East Asian countries’ main imports are; dates, oil crops, and spices, adding that agricultural crops also have a good opportunity there.
Orient Group owns two factories for date manufacturing and packaging with a capacity of 50,000 tonnes, however actual current production capacity currently is below 20%, remarked Al-Masri.
Moreover, the company’s chairperson added that the company is considering importing dates for domestic packaging, followed by re-export, despite the high import expenses.
The company directs 80% of its production to the local market and 20% for exports, he indicated.
Orient Group’s main markets are East Asia, Russia, South Africa, Eastern Europe, and Arab markets, led by Syria, Palestine, Iraq, and Yemen.
Al-Masri praised the new export system approved by the Ministry of Agriculture and considered it as a good step to improve the Egyptian producer’s reputation.
The Ministries of Industry and Agriculture announced the system of encoding agricultural crops for export and included grapes, guava, pomegranate, and pepper.
The system aims to raise the amounts of Egyptian crops in the markets they target, by adhering to the quality factors and specifications required in each market.
Orient Group is an Egyptian joint stock company, founded in 2004 in Alexandria, and serves as a major player in the import and export of a wide range of agricultural food products, finished goods, and raw materials.
The company has expanded to 25 countries around the world, and established liaison offices and subsidiaries in the US, Europe, the Middle East, North Africa, Southeast Asia as well as South Africa.


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Given you can make a solid bull case or bear case for high-flying NVDA stock, it may be best to stay on the sidelines for now.
5 Dec 2017.
The bitcoin buying frenzy is a toxic concept for investors, said Yale economist Stephen Roach who thinks bitcoin is a dangerous speculative.
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Bitcoin is a dangerous bubble that will eventually burst- Yale expert Roach . Oke Emmanuel Dec 06, 12:08 pm . Viewed: 2525. Tweet. Stephen Roach is the latest addition to the voices on Wall Street.
Is It Too Late To Buy At $4000+ Record Price? Memorial Day sale event is in winding down with hours left to score incredible deals from your favorite retailers like Lowe’s. With gyms across the country in lockdown, many Britons have taken up running or working out in their homes
As concerns of another economic downturn in the style of the housing market crash of 2007 or even the Great Depression nearly 90 years prior continue to swirl in the midst of the coronavirus pandemic,
Ethxbt Charts And Quotes — Tradingview View live Bitcoin SV / Ethereum chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well. Stock Market News, Stock Advice & Trading Tips When it comes to investing, they say “the
7 Dec 2017.
A Dangerous Speculative Bubble. Some experts may be optimistic about the future of Bitcoin, but some believe that it's going to have a bad.
5 Dec 2017.
Bitcoin has been slammed as a “dangerous speculative bubble” by a top economist as speculation continues to fuel the rise of the.
18 Jan 2018.
Despite losing 40% in a matter of weeks the cryptocurrency still has further to drop according to experts at Capital Economics.
Bitcoin is a ‘dangerous speculative bubble,’ Yale expert says. Dan Murphy, CNBC • December 5, 2017. Getty Images. "This is a toxic concept for investors," said Stephen Roach, Yale University senior fellow and former Asia chairman and chief economist at Morgan Stanley. More.
4 Dec 2017.
"This is a toxic concept for investors," said Stephen Roach, Yale University senior fellow and former Asia chairman and chief economist at.
24 Nov 2017.
Wild gyrations in the price of bitcoin have some experts calling the cyptocurrency market a gigantic speculative.
Bitcoin: a gigantic speculative bubble.
“The space is still very risky for uninformed retail investors,” he says.


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13 arrested in attempt to loot Lakewood mall, sheriff says
The Los Angeles County Sheriff’s Department arrested 13 people who attempted to loot the Lakewood mall Sunday.
Sheriff’s deputies were out in force at the shopping center, and Sheriff Alex Villanueva said they were able to quickly control the situation.
Three buildings suffered damage, but more details were not available, he added.
The incident came amid widespread looting to the south in downtown Long Beach.
In Long Beach, hundreds of protesters — many chanting and holding signs reading “no justice, no peace” and “black lives matter” — walked from the city’s downtown area through Alamitos Beach along Broadway before circling back to downtown along Ocean Boulevard around 3 p.m. Residents stood on sidewalks or on their balconies, often shouting words of support.
However, less than two hours later, hundreds of protesters began looting stores at the Pike Outlets. People in the crowd smashed windows with hammers and trash cans lids.
Some protesters yelled for the looters to leave the stores alone. Others shouted, “Let’s hit Nike” before running toward the popular athletic store.
Over the next few hours, numerous stores were hit.
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High end fashion brand LK Bennett on brink of collapse
High-end fashion chain LK Bennett is on the verge of collapse and could go into administration if a backer doesn’t step in to rescue the company.
The London-based company, whose pricey couture is popular with Duchess of Cambridge, Kate Middleton and many celebrities, has filed an intention to appoint auditor EY to handle an insolvency process, the FT reported a person with direct knowledge of the situation as saying.
The appointment would not become formal, the newspaper reported, unless new investment to keep LK Bennett afloat could not be secured.
Curse of Royal approval?
The Daily Mail reported that shoppers claimed LK Bennett’s clothes became too expensive once Kate Middleton started wearing them. Something it said marked the beginning of the end for the fashion brand.
The MailOnline also reported that founder Linda Bennet had told staff the firm was heading for administration, putting 500 jobs at risk.
LK Bennett was founded in 1990 by designer Linda Bennett, who had the vision of making expensive couture available to middle class budgets on the high street.
Last year the company reported a £5.9m loss, which it said at the time was due to a mix of weak consumer demand, restructuring costs and a weak pound in the shadow of Brexit.
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“Pain relief in endometriosis is an important topic, as it can impact women on so many levels, including work, relationships, academic studies, and of course their mental health,” says study co-author Mike Armour, PhD, a post-doctoral research fellow in women’s health at Western Sydney University’s NICM Health Research Institute, a government-funded group that focuses on integrative and complementary medicine research and policy in Australia.
Working out the correct dosage of CBD can be confusing—especially for those new to the therapeutic compound—because it is contingent on many unique variables. Everything from physical health, age, weight, and metabolism to the condition being treated and the CBD product being used all sustain an impact on dosage.
CBD is everywhere, just Google it.
Cannabidiol, the popular hemp plant derivative marketed as a cure-all for just about any condition, has only been approved by federal regulators to treat some rare forms of epilepsy, but its popularity is quickly growing.