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Whether it’s brick and mortal shops or online retailers, the one unifier has to be payments. Simply put, if you want to be in business, you need to be paid. And in most cases, to pay others too. As much as the means of doing business has changed, so to have the means of settling transactions, thanks in part to the insurgence of new technologies.
Physical cash in terms of notes and coins and credit/debit card operators like Visa and Mastercard have implemented a tap to pay system for their credit cards as well as app versions for mobile phones, so there clearly is a push to move consumers away from cash.
One of the understated disadvantages of dealing with physical cash is that there’s also opportunity cost in terms of gathering data about the customer. Jeremy Tan, CEO of LiquidGroup also makes a good point when he says that e-payments would provide transaction data that would allow merchants and service providers to better understand their customers as everything is recorded in real-time.


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16-core, 32-thread versions of AMD Ryzen CPUs codenamed Threadripper will launch this summer, the company revealed at its Financial Analyst Day yesterday.
With one of the gnarliest CPU codenames we’ve ever seen, the Threadripper multicore monsters will go head-to-head with Intel’s Broadwell-E and upcoming Skylake-E High-End Desktop (HEDT) CPUs alongside a new motherboard platform that promises expanded memory support and I/O bandwidth.
That’s likely to take the form of quad-channel RAM and more PCIe lanes, similar to Intel’s X99 platform, but AMD is saving further details for its press conference at Computex at the end of May.
In addition to Threadripper, AMD also teased Ryzen APUs that pair four cores and eight threads with a Vega-based GPU.
AMD claims a “50 percent increase in CPU performance and over 40 percent better graphics performance, at half the power of its previous generation.” Once again AMD is saving further details for Computex, but noted that Ryzen APUs will appear in ultraportables and premium 2-in-1s in the second half of 2017.
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Research Confirms That 33 Percent of E-Cigarette Users Suffer Lung Damage
According to a news report published on mednews365.com, a new research study has discovered that approximately 33% of vape and e-cigarette users suffer symptoms typically associated with lung damage. The study also states that many of those with potential lung damage suffer one or more of the common symptoms associated with lung damage. The information contained in this study will be presented to the American Heart Association. The U.S. Food and Drug Administration has already stated that the agency plans to increase the amount regulations governing vape and e-cigarette products.
Medical scientists have connected five lung damage symptoms to what is identified as e-cigarette or vaping-associated lung injury (EVALI). These lung damage symptoms include:
- Chest pain
- Shortness of breath
- Stomach pain
The vape lung damage study studied more than 1,400 vape and e-cigarette users for a full year. The study listed the products and devices used and had the participants report any symptoms. Fifty-five percent of the participants complained about having at least one of the five lung damage symptoms. One-third of the study’s participants listed symptoms that were associated directly with EVALI, the disease that was named following many people falling ill after vaping.
The study also discovered that e-cigarette users who used disposable e-cigarettes had a “lower rate of the symptoms.” This new data shows that the damage to the lungs is partly related to the ingredients used in the e-cigarettes and vaping devices. Several vape users try different vape products that contain ingredients that are not regulated, and they use vape devices that have not been tested.
The researchers were surprised to discover the strong connection between vape-related lung damage and flavored or “altered” vaping products. Those who used flavored vaping products or “altered” vape products suffered the most side effects, and the side effects were more severe and prevalent.
The frequency of symptoms reported shot up to about 70 percent if the user used e-liquid in their vape devices. The study also found that those who used refillable cartridges were 95 percent more likely to experience EVALI associated symptoms. Flavored cigarettes were also connected with a 71 percent increased probability of experiencing EVALI symptoms. The study has also found that 40 percent of vape users experienced EVALI symptoms if they mixed their own e-liquid vape oil. These results indicate that vape lung damage is more extensive than the EVALI outbreak in 2019, which was linked to vape juices containing vitamin E acetate and THC.
Medical researchers studying the effects of vape products continue to warn consumers, particularly teens and young adults, about the serious medical consequences of vape and e-cigarette products. This study highlights new data that proves the correlation between increased lung damage and using refillable vape cartridges. Teens are the largest consumer of flavored vape products. The National Youth Tobacco Survey of 2020, found that there were over 3.6 million teens and children using vape devices and four-fifths of those teens and children are using flavored vape and e-cigarette devices. Although the FDA has outlawed the selling of flavored e-cigarettes, the ban does not include disposable cartridges. Unfortunately, it will take many years for researchers to find a probable correlation between vaping and lung cancer or any other long-term disease or terminal health effects.
CONTACT PARKER WAICHMAN LLP FOR A FREE CASE REVIEW
Did you or a loved one suffer harm due to a vape or e-cigarette product?
Parker Waichman LLP is reviewing cases of e-cigarette or vaping-associated lung injury (EVALI), heart attacks, strokes, cancer, lung disease, or deaths caused by vape or e-cigarette products. Parker Waichman LLP helps those harmed by defective products secure monetary compensation from those responsible. Trust your case with our product liability attorneys. For a free consultation, contact our law firm today by using our live chat or calling 1-800-YOUR-LAWYER (1-800-968-7529).
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Jamaica Will Host Next Caribbean Travel Marketplace
It’s official! The 42 Caribbean Travel Marketplace will be held in Jamaica. Nicola Madden-Greig, president of the Caribbean Hotel & Tourism Association, made the announcement yesterday at Caribbean Travel Marketplace currently underway in Barbados.
“It’s been five years since we were last in Jamaica [for Caribbean Travel Marketplace],” noted Madden-Greig. “It will be a spring show. We will announce the dates soon but it will be a very similar but expanded format.”
Jamaica’s minister of tourism Edmund Bartlett noted that the event will be a “Marketplace with a difference.”
Bartlett said the next Caribbean Travel Forum, which takes place ahead of the event, will be “focusing heavily on thought leadership, sustainability and resilience. We will bring mega players from around the world to participate.”
Meanwhile, Madden-Greig indicated that the association is hoping to announce a new destination as the host for Marketplace in 2025. She also highlighted the significance of this year’s Marketplace being held in Barbados, which is the first time the destination hosted the event.
“The demand was so great, especially from the Eastern Caribbean, which normally have a challenge attending Marketplace so it’s been really fantastic in terms of the opportunity for a lot of smaller independent hotels,” she said.
Notably, Jamaica was awarded the CHTA’s Destination Resilience Award for its recovery efforts during the pandemic and tourism resilience-building initiatives during the forum.
“It is a pleasure to recognize my home country with this destination resilience award as it validates the countless hours and effort that went into the recovery through our public and private sector partners to ensure the survival of tourism,” said Madden-Greig.
In accepting the award, Bartlett said, “This award is for my entire tourism team and all our private and public sector partners who immediately saw the need to keep the lifeblood of the country open. From the minds and hard work of the team, Jamaica was first out of the blocks on the road to recovery.”
Bartlett was also recognized for his contribution to the regional tourism industry and received the CHTA’s prestigious President’s Award for Caribbean Excellence in Tourism.
“The Caribbean Hotel and Tourism Association is acutely aware that resilience strengthens Caribbean tourism, and it is a message that has reached all corners of the region and the world largely because of the efforts of one man, the Honourable Edmund Bartlett, Jamaica’s dynamic Minister of Tourism. This is one of the many reasons why we honour him today,” Madden-Greig said.


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American Apparel is short on cash, and the situation is getting worse.
The company is cutting hours for its Los Angeles factory workers, reports James Covert at The New York Post.
Thousands of workers will see reduced hours — or no hours at all — in the coming weeks, Covert writes.
The reduced labour could mean a shortage of clothing in the retailer’s stores.
American Apparel’s holiday discounting strategy backfired, leading to a crunch on the company’s already-troubled profits.
“The unsuccessful holiday promotion — called a ‘dot sale,’ which kicked off on Black Friday weekend — not only failed to meet their revenue targets but made the stores look like chaotic discount chains throughout the crucial holiday season,” according to Covert.
American Apparel recently parted ways with founder and former CEO Dov Charney.
Charney abruptly lost his job as CEO in June because of “concerns about his trustworthiness,” The Wall Street Journal reported at the time. He continued working as a consultant for the company.
But American Apparel investigated Charney and eventually cut ties.
“Based on this investigation, the special committee determined that it would not be appropriate for Mr. Charney to be reinstated as CEO or an officer or employee,” the company said in a release. “While under suspension as CEO, Mr. Charney had been serving as a consultant to the Company. This relationship has now been terminated.”
Retail veteran Paula Schneider was recently appointed CEO.
Charney told Bloomberg TV that he is down to his last $US100,000 and living on a friend’s couch.
He says he was betrayed by Standard General, a hedge fund that gave him a loan in July so he could boost his ownership of American Apparel.
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Underlying performance strong
Famous Grouse owner says volatility hits profits
Underlying performance, stripping out currency changes, remained strong, said the Glasgow-based company which owns The Famous Grouse, The Macallan, Cutty Sark and Highland Park whiskies.
EBIT (earnings before interest, tax, excluding effects of currency and trade sales) for the year to the end of May came in at a standstill £155.9m ((2015: £154.5m).
The company said this indicates strong performance from the company’s premium malt whisky brands and a return to growth for Brugal, its rum brand, in its core markets of Dominican Republic and Spain.
Eliminating the effect of a reduction in unbranded sales and currency fluctuations resulted in underlying EBIT growth of £1.4m (0.9%), which the company feels properly reflects the performance of the core business.
Profits for the year were £72.7m, down £7m on the prior year, reflecting the adverse impact of both currency and intense competitor activity in Taiwan and the UK.
There is a proposed final dividend per share of 26.3p, making 38.1p for the full year.
In a statement, the company said it faced “a challenging environment in 2015-16 and results were impacted by continued political and economic volatility, tough trading conditions in the mature markets of the UK and Taiwan, and the influence of currency exchange rates in emerging markets.
It added: “Uncertain political, economic, and trading conditions are likely to endure through 2016-17.”
During the year Edrington purchased the remaining shareholding in Edrington Fix to strengthen the company’s distribution in the fast growing markets of the Middle East, the Gulf, and North Africa.
Ian Curle (pictured), chief executive, said: “A year on from the launch of Edrington’s new strategy, we see evidence that we have put the right strategy into effect, and that it is delivering results.
“During this year of transition we have faced challenging economic and trading conditions with strong performances in key markets and shortfalls in others. In combination with the influence of currency, this has adversely affected our results.
“Recent investment in distribution is showing benefits with the USA, Global Travel Retail, and South east Asia delivering double figure growth.
“Edrington will continue to invest in its brands and in growing markets for premium spirits. Our new distillery and brand home for The Macallan is taking shape in Speyside, and we look forward to welcoming visitors in spring 2018.”


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BURKLE SHOPS: L.A. billionaire supermarket mogul Ronald Burkle's Yucaipa Cos. has accumulated 7 percent of Whole Foods Markets Inc. shares over the past two months, and said in a regulatory filing that it intends to become an activist shareholder. Austin, Texas-based Whole Foods is facing a Federal Trade Commission challenge to its 2007 purchase of Wild Oats Markets Inc., of which Yucaipa had been a significant owner. Yucaipa said in the Securities and Exchange Commission filing that Burkle believes shares of the upscale natural and organic foods grocery chain are undervalued, and there are substantial opportunities for the company to improve operations and "pricing image." The filing did not rule out a possible push for a sale of the company.
INDYMAC SOLD: The Federal Deposit Insurance Corp. said a consortium of private equity and hedge fund firms has agreed to buy the assets of IndyMac Federal Bank in a deal valued at $13.9 billion. The FDIC, which took over the failed Pasadena mortgage lender in July, is selling the bank's assets to IMB Management Holdings LP. The group's leaders include buyout specialist Christopher Flowers; hedge fund operator John Paulson; and Steve Mnuchin, the chairman of Dune Capital and a former Goldman Sachs executive. The Office of Thrift Supervision has granted preliminary clearance to IMB's application to operate IndyMac as a federal savings association under the office's supervision.
MGA UPDATE: U.S. District Judge Stephen Larson issued an order allowing MGA Entertainment Inc. to continue to manufacture and sell the popular Bratz doll line at least through the end of the 2009 retail season. Larson last month imposed a permanent injunction on MGA after a jury found that the Bratz line infringed on Mattel patents. A delay in enforcing the ban is a partial victory for MGA, which originally asked the Riverside judge to delay enforcing the injunction until the Van Nuys toymaker could appeal to the 9th U.S. Circuit Court of Appeals. Larson's decision gives retailers some certainty that the dolls will be available this year.
COURTROOM DRAMA: In a high-profile trial that opened last week in a Los Angeles court, Mexican media giant Grupo Televisa accused longtime television partner Univision Communications Inc. of heavy-handed tactics as Televisa sought better terms for its popular Spanish-language soap operas, plus more than $100 million in royalties it believes it is owed. New York-based Univision, which was based in Los Angeles before being taken private in a 2007 buyout, is the nation's top Spanish-language TV broadcaster. Televisa's "telenovelas" account for the bulk of Univision's top-rated shows.
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One of the best ways to identify issues and fine-tune the performance of your 3D printer is a 3D Benchy. Troubleshooting never looked so cute!
The 3DBenchy SpeedBoatRace challenge has captivated makers, driving changes in 3D printing speed and quality. Read on to learn more!
There's 3D printed cars, and then there's 3D printed radio-controlled cars. Now in its fifth year, the OpenRC project is more fun and accessible than ever.
Guest post from Paulo Kiefe, CEO of Creative Tools, about the inspiration and development of their new smartphone photo studio.


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The Wall Street Journal:
Advertising may be coming to your thermostat and lots of other strange places, courtesy of Google.
In a December letter to the Securities and Exchange Commission, which was disclosed Tuesday, the search giant said that it could be serving ads and other content on “refrigerators, car dashboards, thermostats, glasses, and watches, to name just a few possibilities.”
This is a key differentiator for people who prefer Apple’s offerings to Google’s. We don’t like ads. So please stop trying to tell us there’s no difference and the only reason we buy Apple products is because we’re mindless zealots.
(Just kidding. I know people won’t stop saying that.)


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OzPress considers China car components plant
Ballarat manufacturer OzPress could tap into China's growing car-making industry.
OzPress makes small metal components for new cars and supplies most of its products to Toyota Australia.
Managing director Mark Dwyer says the fortunes of OzPress will be bolstered when Toyota starts building a new model in Melbourne later this year.
However, he says OzPress is considering opening an additional plant in China to increase its competitiveness.
"We can't ignore the fact that, for example, China today is now the biggest and fastest growing automotive vehicle producer in the world and as more of them seek to export, they'll need to increase quality and we believe we can offer some expertise and create a competitive advantage for ourselves in a small way, yes," he said.


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As part of its renewed focus on infusing the turkey space with innovation, Butterball is launching a new snacking line: PREIMUM SNACKS—a portfolio of high-quality seasoned turkey breast slices paired with unique sweet and savory sides. The launch comes at a time when Butterball is doubling down on new product development centered around identifying unmet consumer needs in the turkey category—which led it to a previously unexplored category for the brand: snacking!
“There has been a significant demographic shift in recent years and the buying power of younger consumers means companies have to be constantly innovating to adapt to the changing demands and desires,” said Jeff Mundt, Vice President of Research and Development and Innovation. “It’s an exciting time to be innovating for a storied brand like Butterball. We’re always looking for ways to introduce fun and energizing creations that get people excited about new ways to enjoy a favorite protein.”
Snacking is a sector with its fingers in almost every category in our industry—and consumers are only encouraging this reach tenfold (95 percent of Americans report that they snack daily and 70 percent snack 2+ times a day). Now, Butterball is adding its name to the snacking ring with a product that maximizes convenience without sacrificing taste, quality, or the naturally lean protein option consumers seek to fit their healthy lifestyle.
“Snacking is a popular category that is already filled with many protein options, so we challenged ourselves to find a way to make Butterball PREMIUM SNACKS stand out on the shelf,” said Michelle Lieszkovszky, Innovation Brand Manager, Emerging Innovation. “Moving away from the typical cheese and cracker varieties or the protein-only options often found in the snacking space allowed us to venture into more complex flavor combinations and offer unexpected snack components like cornbread crisps and dried pineapple. We’ve reimagined the snacking space and struck the perfect balance of coupling unique flavors with a strong nutrition profile.”
According to a press release, the new line was inspired by distinct meal occasions, reflected in the flavor varieties in the line, which include the following:
Each snack is portioned for a convenient, indulgent flavor experience, contains 100 percent all-natural turkey breast with 10 grams of protein, only 140-180 calories per serving, and hearty portions of high-quality meat with lower sodium compared to leading competitors.
For more rundowns on the latest launches in deli, dairy, bakery, and specialty foods, stay tuned to Deli Market News.


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Some manufacturers are attempting to design autonomous vehicles that will operate without communicating directly with other road users or even with the cloud. Filip Klippel, automotive manager at HERE Technologies, puts the case as to why we will only realise the self-driving dream if these kinds fo vehicles are also fully connected.
Autonomous vehicles and their reality have long been discussed. A few years ago, it was predicted that we would have fully driverless cars in our towns and cities by now. The industry was high-spirited about the concept of self-driving cars, but in reality, these are harder to build than initially considered.
A crucial component in the development of autonomous vehicles relies on the importance of ensuring they are connected. For instance, if an Amazon Alexa purely had Amazon software, it may not have the same consumer appeal. But because of integrations with music streaming services, news, shopping apps and more, it has become a much more valuable, comprehensive piece of technology.
Taking the lead from smart assistants, autonomous vehicles must become connected in order to truly reach their full potential. However, given traditional vehicles operate independently, separating one car from the next, what components are required to make a vehicle become ‘connected’?
Creating the link
Connectivity encompasses features both inside and outside the vehicle. It requires a car to understand its surroundings, relying on sets of different sensors, such as cameras, lidar and radar sensors, to extend beyond the car itself. Additionally, connected cars can physically capture what is happening around the vehicle, and then ‘communicate’ with one another, sharing details on aspects like proximity and road conditions. This requires data to be shared in real-time, and relies on the widespread adoption of technologies like 5G and multi-access edge computing (MEC) to meet the necessary speed for transferring information from vehicle to vehicle.
Additionally, having cars communicate with one another will require some form of traditional mobile connection. The EU’s eCall initiative requires European vehicle manufacturers to implement a SIM card into new cars so that they can automatically contact emergency services in the event of a serious accident. Building these connectivity devices inside vehicles allows for open streams to exchange data.
Connected cars also offer the opportunity for drivers and passengers to bring their own world inside the vehicle. Most cars now include features like CarPlay, where people can connect their smartphones to play their own music through Bluetooth. Beyond this, connected cars allow drivers to use their favourite apps in the car, with the vehicle functioning as an infotainment system, offering the ability to order food, change your shopping order, or check the football score, for example. This will up-level a simple journey to a full in-car driving experience.
As well as making driving more entertaining, connected cars can vastly improve safety and efficiency. If a driver were at risk of hitting another vehicle, for example, but said vehicle was blocked by a large truck or bus, sensors alone would not be able to detect this. However, if another vehicle, or even the car itself, were sharing information, this risk could instantly be communicated to the driver. The same goes for scenarios like pedestrians unexpectedly crossing the street; the increased level of information from surrounding vehicles can notify the driver’s car to break automatically, reducing the risk of an accident.
Not only can this technology cover the vehicle’s immediate proximity, but connected cars will also have the ability to see what’s happening in the distance, such as hazard warnings or traffic jams a few kilometres ahead. If a vehicle were to identify 20 cars breaking in a similar place, for instance, it could assume that an accident might have taken place or that traffic might be emerging. This increases awareness, allowing both the vehicle and the driver to prepare where necessary. For autonomous vehicles, being able to anticipate these changes ahead and plan accordingly will be vital.
With more capacity for strategic planning, aspects like vehicle maintenance can also be tied into the capabilities of connected cars, ensuring that parts of the vehicle are continually functioning effectively. Some new electric vehicles (EVs) are already implementing this kind of technology, directing the driver to a charging point should it be running low, or even mapping out a place to stop and charge ahead of the journey.
The convergence of different technologies inside the vehicle at the same time leverages numerous experiences for drivers and supports safety issues, all the way down to strategic planning, meaning problems can be solved before they even arise.
The role of mapping
For connected cars to reach their full potential, mapping capabilities are a crucial component. From a safety perspective, vehicles need to map out exactly where a pedestrian is crossing, where traffic jams lie ahead, or specific areas with bad weather.
In this instance, mapping becomes more of a network, providing additional information to the vehicle or driver beyond what they can see. The combination of these three components – a driver using their eyes, sensors in the car scanning the surrounding proximity, and mapping – can help vehicles reach new capabilities to see beyond any limitations. If cars are to eventually become driverless, replacing human vision with connectivity can ensure this system continues to function effectively.
In line with this, no single map fits all. The mapping technology in connected cars, and eventually autonomous vehicles, will feature multiple layers that connect with numerous use cases to provide geo-localised context. Each specific vehicle will need to know exactly what might lie ahead on its own journey, what surrounds its outside, and what it needs to prepare for. As a result, it’s critical that maps are updated in real-time.
An autonomous near-future?
While we are very much approaching the autonomous era, fully self-driving cars are still somewhat in the distance. Currently, drivers in certain vehicles can engage partial automated systems on highways or motorways, but are still required to keep the hands on the steering wheel at any time and are liable should something go wrong.
For fully driverless cars, with no steering wheel and where people are simply passengers, these could first be seen in closed, limited areas, such as airports or university campuses, where they can be tested and controlled without much interference. But seeing this on in complex environments, like a city with numerous pedestrians, streets and obstacles, will require the maturity of various technologies like 5G before becoming commonplace in society.
Taking the lead from smart assistants, integrations will help vehicles meet the demand that consumers have grown to expect from the technology they are now accustomed to. Crucial to this is connectivity. By implementing the technology required, connected autonomous vehicles will become comprehensive, end-to-end solutions that will see widespread adoption in the future.


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BP and Coke to bring own security to London 2012
By John Reynolds, marketingmagazine.co.uk, Wednesday, 16 November 2011 09:28AM
BP and Coca-Cola are among the Olympics sponsors which are bringing their own security to London 2012.
The US has also raised security concerns and is preparing to send up to 1,000 agents, including around 500 from the FBI, to provide protection for American athletes.
Marketing magazine contacted a number of London 2012 sponsors to ask them if they were bringing their own security to The Games. Coca-Cola and BP are both expected to bring in people to look after their VIP guests, among other duties.
It is unclear how the sponsor's decision will impact on London Organising Committee of the Olympic and Paralympic Games (Locog), which is responsible for staging the event.
Safety at London 2012 is the responsibility of G4S, which was awarded the contract and is kicking off an advertising campaign this week.
Separately, it is thought that a number of sponsors could mirror adidas and provide more transparency on their working practices.
Earlier this year, adidas voluntarily disclosed its factory locations, as it looked to up the ante against its fellow sponsors on the CSR front.
Now Paul Deighton, Locog chief executive, is thought to be in talks with other sponsors and merchandise partners in an effort to encourage them to volunteer up similar information.
This would include details of their factory locations, labour standards and workers rights.
BP declined to comment. Chris Miles, head of security, London 2012 project team, Coca-Cola, said: "At Coca-Cola, like all other Olympic sponsors and businesses that will operate during the Olympic period, we are working in partnership with Locog, and the relevant authorities, to ensure that together we deliver the safest and most spectacular Olympic and Paralympi Games we can."
Locog was unavailable for comment.
Follow John Reynolds on Twitter @johnreynolds10
This article was first published on marketingmagazine.co.uk
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Cricket Communications provides monthly, no-contract wireless service across the United States.
Please see CNET's Cell phone plan finder to purchase a phone with Cricket Communications.
The FCC is dragging its feet on granting AT&T a waiver to offer a Wi-Fi calling feature, while letting competitors go ahead, says the company. The feature fails to meet accessibility rules for the disabled.
Make calls, answer emails and download apps from the Google Play store without a smartphone.
New features are coming to Android Wear, Google Glass is focusing on Enterprise business for now and the Galaxy Note 5 is coming in August.
Bluetooth me up, Scotty. An original series "Star Trek" communicator smartphone handset will make you feel like you're exploring strange new worlds.
The appointment of Dongjin Koh, who oversaw Samsung Pay, may suggest the South Korean electronics giant is redoubling its focus on software and services.
In its first foray into wearable tech, the Swiss watchmaker strikes a deal with Visa. The Swatch Bellamy will sport an NFC chip, enabling contactless payments.
The Canadian company has taken a stand against demands for "backdoor" access to its services, including encrypted email and messages.
Startups and nonprofit organizations are offering high-tech assistance to the hyper-connected wave of Syrian refugees.
The South Korean company is hoping to breathe new life into its various businesses by giving them more autonomy.


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While expensive gin may be a contradiction in terms to some, it appears to be a winning combination with buyers.
Shanken News Daily reports that while, “Gin continues to struggle in the U.S. market…there’s excitement at the high end. Driven by William Grant & Sons’ Hendrick’s (roughly $30 a 750-ml.), gin’s ultra-premium tier is rapidly expanding from a small base. ‘We’re seeing some really positive things [in] the upscale gin segment,’ says a brand director for Pernod Ricard, which owns Beefeater ($15) and Plymouth ($26) gins. ‘That segment has been growing by about 5%.’”
Gin hasn’t embraced flavors as aggressively as vodka or rum, but it has evolved in recent years. The classic “London Dry” style, which is very juniper-forward, was long the standard. Today, more “fruit-forward” gins such as Hendrick’s have emerged to expand gin’s appeal.
Hendrick’s is a cucumber-and-rose-infused gin, and it earned a “Hot Prospect” award following a 36.5% jump in the U.S. market in 2010.
Lower down the pricing scale, another strong performer has been E.&J. Gallo’s New Amsterdam gin ($10). Last year, the brand grew by 10%.


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China devalued its currency so much show today that it crossed the hypothetical “line in the sand” that will likely cause a response from the Trump Administration. Check out the huge move lower by the renminbi today:
China’s currency is now trading at more than 7 yuan per U.S. dollar for the first time in more than a decade!
Not only did China devalue the yuan, it ordered states to stop purchasing U.S. agriculture products.
Like I’ve said for nearly 2 years now, China is our enemy. China has no interest in resolving the lop-sided trade imbalance so that trade between the U.S. and China is more fair.
Beijing is now using the yuan as a weapon in the trade war so investors have fled out of stocks and other assets. It’s as simple and straightforward as that.
Based on the historic currency manipulation by China, it is now even more obvious to everyone that Americans are not paying for the Tariffs – they are being paid for compliments of China, and the U.S. is taking in tens of Billions of Dollars! China has always….— Donald J. Trump (@realDonaldTrump) August 5, 2019
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Now that music apps like TuneWiki, Pitchfork, Songkick and Rolling Stone are emerging on Spotify, we wonder if developers and brands will flock to Spotify.
In the "What's Next for Spotify" event today, Spotify CEO and founder Daniel Ek said that while developers won't get any revenue from their apps, they can get value in earning clout simply by being visible on the Spotify platform.
Now, any developer can build an HTML5 app for Spotify's desktop version. But similar to the Apple App Store process, Spotify will approve each app before making it available on the platform. Unlike Apple and Android, however, all of the apps will be free meaning that developers still can't monetize apps on the platform.
While Spotify apps could pose a threat to Apple, Amazon and Google, the company might have a hard time attracting developers to the platform without monetization opportunities.
"Developers are happy to mess around with these things but people want to see a return on the investment," founder of tech website Pocket-lint Stuart Miles told BBC. "If you can't charge for your app, that's going to put a lot of people off."
CNET reporter Greg Sandoval recently wrote that apps for Facebook and iTunes succeeded because they are all-purpose platforms.
"Will I really go to my music service to keep my calendar or store my phone numbers, post my resume, or organize my life?" Greg writes. "I suppose I might, if I weren't already doing those things at Facebook and iTunes."
But the apps on Spotify seem to be strictly music-related. For instance, Spotify offers an app for concert tour date tracking and discovery, Songkick, and we wouldn't be surprised if the app added ticket-buying options as an in-app purchase or if Ticketmaster created an app for the Spotify platform.
Back in November, we reported how Ron Conway hinted that Twitter will soon sell tickets for music concerts but Twitter has yet to make an official announcement.
Developers have been able to create apps powered by Spotify for a while and in August, started letting iOS developers embed Spotify on top of iOS apps. Some of those apps include Spotibot, Spotiseek for iOS and Stalkify.


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Over the past few weeks, 10 new mobile apps that use the native cryptocurrency of the popular Kik messaging app, KIN, were launched. were launched. The cryptocurrency was created last year after Kik held a $98 million ICO.
On these apps, users can spend the token to buy features and even earn KIN for performing tasks. For example, Blastchat is a social networking site that in a way similar to Steemit, rewards users with tokens for posting, and curating content on the platform.
The KIN token was originally launched on the Ethereum network, but was later moved to Stellar so that it could take advantage of zero-fee transactions. There are currently eight Android apps that have integrated the cryptocurrency. These include a social goals app called GoChallenge.me, a mental health one called Vent, and a social tipping one called Kinny.
— Kin Foundation (@kin_foundation) November 1, 2018
There are also two new apps being launched for iOS devices. One is Blaschat, an instant messaging app referred to above, while the other one is called Pause For and is set to help users’ productivity.
These aren’t the first apps launched using the KIN token. KIN has previously partnered with beauty app Perfect365, an app that delivers an augmented reality experience to its users, to incorporate rewards on its platform. There’s also the Kinit app, which is “Kin’s rewarding app.” This app allows users to make money for completing tasks, such as surveys and quizzes.
Despite these issues, KIN is running into technical issues. Currently, users cannot deposit or withdraw KIN tokens from the apps, but KIN’s team says that they’re working on it.
Ayelet Laub, product manager for Kin, explains: “the app needs to reveal the user’s public wallet address. We need to figure out how to do it in the easiest way and most user-friendly way,” Laub also commented on the direction KIN is trying to take with the token.


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The world must wait until late July at the earliest until Microsoft Corp. delivers the final release of Windows XP Service Pack 2 (SP2). But that isn’t stopping testers and customers from asking what Microsoft’s intentions are, in terms of back-porting the SP2 updates and fixes to other Microsoft operating systems and related products.
Despite an official silence on the topic, Microsoft is cooking up a plan, sources said. However, Windows customers running older versions of the operating system or specific programs should expect a piecemeal approach to SP2’s security-minded features.
SP2, code-named “Springboard,” is primarily a collection of security fixes. With SP2, Microsoft is turning on its built-in Windows Firewall by default; including new browser and e-mail safeguards and enhancing XP’s memory protection features, company officials have said.
Microsoft late Monday offered Windows XP Service Pack 2 Release Candidate 2 (RC2) to a narrow group of developers and testers. Insiders expected the company to provide the RC2 package widely on Tuesday.
During a Web cast held Tuesday for Microsoft system buildersthose PC and server vendors that sell products preloaded with Microsoft softwareparticipants asked Microsoft officials repeatedly about the company’s plans to make SP2 features, especially security, available for older versions of Windows and Internet Explorer (IE).
A Microsoft representative responded: “There is no information available on if the features seen in SP2 version of IE will be available for other operating systems.”
Later in the Web cast, another anonymous Microsoft individual answering participant questions elaborated a bit further: “We do not have current plans to make the IE enhancements available in XP SP2 available on Windows 2000, NT 4, Windows 98 or Windows Me (Millennium Edition). We are evaluating the technical feasibility of providing the new IE enhancements for older Windows versions. ”
Securing older versions of Windows and IE is a concern of many IT managers, as many companies still run these legacy systemsand not the latest Windows releases. But Microsoft’s focus with its “XP Reloaded” marketing campaign, in particular, is to convince recalcitrant customers to upgrade, not to give them reasons to justify holding out.
Microsoft officials have said that the SP2 updates will be applied to the Windows XP Tablet PC Edition 2005 and Media Center Edition 2005 products due out this year. It also plans to make the applicable SP2 updates available for the Internet Explorer 6 code that is part of Windows Server 2003. (These updates will be part of Service Pack 1 for Windows Server 2003, due out later this year.)
But Microsoft has other back-porting plans for the Springboard technologies, too, said testers who requested anonymity.
Microsoft is “highly likely” to make the Springboard updates available for IE 6 for Windows 2000 Service Pack 5. And it has told some of its partners that it is considering strongly making the IE-specific Springboard updates available for Windows NT, Windows 98, Windows 98 Second Edition and Windows Millennium Edition, the testing sources said.
However, Microsoft is dead-set against porting Springboard to “standalone” versions of IE: IE 6 Service Pack 2 and IE 5.5, the testing sources added.


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Driven by a strong fourth quarter, The Hershey Co. topped $6 billion in sales in 2011 despite a price increase and an unstable commodities market that drove up ingredient prices.
The good news included an increase in the company’s dividend to stockholders, which is increasing 10 percent to 38 cents per share from 34.5 cents.
Hershey’s stock was largely flat following the earnings call, trading in a narrow range with higher-than average volume. Shares of the company closed the day at $61.29, up 21 cents.
The year-end earnings reflected a strong fourth quarter, during which the company’s income was $142 million or 62 cents per share, compared with $135 million or 59 cents per share for the comparable period of 2010.
“A solid end to another good year,” said CEO J.P. Bilbrey describing the results in a telephone call with investors.
Hershey executives said the fourth quarter gains were the result of a strong holiday season, higher sales volume and changes in pricing.
Last year, the company announced it would be increasing its prices for wholesalers. Hershey said Wednesday that the price increases will include its seasonal offerings targeted at the Easter holiday.
Because of consumer wariness, the company expects its sales to decline in the first quarter of the year before rebounding over the next nine months.
At the same time, Hershey plans to expand the Pieces and Minis brands to include Hershey’s Milk Chocolate with Almond Pieces and Rolo Minis.
Other product launches in 2012 include Ice Breakers Duos and the already announced Jolly Rancher Crunch ‘N Chew.
Hershey also added product lines this month when it completed the acquisition of Brookside Foods, a private Canadian company that makes chocolates with a fruit juice center.
Hershey executives expect sales from Brookside to be about $90 million annually.
Brookside has seen its annual sales increase by about 20 percent, but was approaching the limits of its manufacturing capability, executives said.
As part of the purchase, Hershey plans to invest funds into Brookside to increase its production capacity. Brookside chocolates are primarily sold in the U.S. and Canada.
Jack Russo, an analyst with Edward Jones, said that, overall, 2011 appeared to be a “really good year” for Hershey.
“The company’s on the right track,” he said. “Their stock has done well and the company’s in a good position right now.”
Looking forward, Russo said he was expecting “another pretty decent year in 2012,” although Hershey, like all confectioners, could continue to face pressure from commodity costs.
Hershey continues to expand in Mexico, China, Brazil and India, with international combined sales growing roughly 25 percent during 2011.
While Hershey dominates the U.S. chocolate market, internationally it has lagged behind its competitors. The company has been aggressively expanding in markets that are considered key to the company’s future.
This is especially true in the fast-developing markets of China, where Bilbrey said the company has “a solid plan that will enable us to maintain our momentum.”
Company executives previously projected international sales to exceed $1 billion by 2015, but said Wednesday they expect to beat that goal by one year.


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Samsung has launched a new campaign ‘Highlight of India’ for its Neo QLED 8K TV that brings alive every minute detail, as seen through the eyes of Aanchal Thakur, India’s first international skiing medalist. Samsung Neo QLED 8K TV lets you experience every tiny detail with ‘100 Million Lights’ that deliver the brightest picture with utmost clarity
‘Highlight of India’ campaign reflects how Samsung keeps pushing the boundaries and reaching new heights with its technology innovations. The commercial vividly brings home a spectacular experience of Aanchal Thakur skiing in majestic snow-covered mountains and take on the world with her exceptional skiing skills. The commercial shows her relentless pursuit of blazing new trails, seeing obstacles as opportunities that coincides with Samsung’s philosophy of ‘Do what you can’t’. Samsung roped in Aanchal Thakur, India’s first International skiing medalist, to celebrate the breathtaking highlight of India, as seen on Neo QLED 8K TVs.
The stunning scenic beauty of the snowcapped mountains is brought to life with the Quantum Matrix Technology Pro on the Neo QLED 8K TV, powered by Quantum Mini LEDs which are 40 times smaller than regular LEDs. The stunning Dolby Atmos experience with its unparalleled 3D surround sound immerses viewers in the same thrill as the skier herself.
“India has seen some of the best athletes carving a niche for themselves at the international stage. Aanchal Thakur, being the first Indian skier to put India on the global map for winter sports, was the natural fit for us to showcase the determination and passion to lead. We take pride in being her preferred partner to present her prowess and her majestic world of skiing through the Neo QLED 8K TV that offer the most pristine picture quality and immersive soundscapes to transform your living space. The Neo QLED 8K TV is designed to be much more than a TV. It can be a game console, a virtual playground, a Smart Hub to control your home and your perfect partner to improve efficiency,” said Mohandeep Singh, Senior Vice President, Consumer Electronics Business, Samsung India.
“I am delighted to collaborate with Samsung for the launch of their cutting-edge new range of televisions – the Neo QLED 8K. As a brand Samsung has been synonymous with innovations. Charting a new course and pushing boundaries is second nature to them. And as a young female athlete trying to make a mark in a nascent sport in India, this philosophy really resounds with me. To be associated with a brand that recognizes and promotes this quest for excellence as a Highlight of India makes me immensely proud” said Aanchal Thakur.
Aanchal Thakur has taken part in four World Championships, including her first one when she was 16 in 2013. She made history by becoming the first Indian to win an international medal in any winter sport when she won a bronze medal in the 2018 Alpine Ejder 3200 Cup. She now has her eye on representing India at the 2026 Winter Olympics.
The latest campaign upholds the brand’s philosophy forward and honours one such modern icon who goes above and beyond her own success to benefit the nation in her field of expertise.
The campaign has been conceptualised by Cheil India.


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A sign of the times, but with some unexpected twists
A year ago at this time, we looked ahead to turning the calendar with great optimism… thinking that “normalcy” would return in 2021. Now, a year later, we know that the coronavirus pandemic is still making its impact. Discussions of vaccines and new variants lingers and keeps the economy on edge and consumers in flux.
For most brands, 2021 will go down in history as another year of fairly stagnant growth. But for the select few who’ve actually managed to experience an uptick in demand this year — it’s been like spinning straw into gold.
To give these dynamics a little more context, Morning Consult recently released one of its most-anticipated annual reports, the 2021 Fastest Growing Brands™ Report which ranks the top 20 fastest growing brands, defined by those with the biggest rise in overall purchasing consideration.
Brands on top this year include a number of pandemic-era superstars like Pfizer and Moderna who created some of the first coronavirus vaccines, as well as digital/social darlings like TikTok and Reddit. It was also a banner year across all age groups for cryptocurrencies, fintechs and digital payments, and Gen Z let their stomachs do the talking, voting in brands like Wendy’s, Chipotle, Snickers and Ruffles.
As is the case every year, however, there were a few delightfully surprising brands that landed themselves on the list this year.
Most notably, while the number one fastest-growing brand overall this year IS a player in the streaming industry — it IS NOT Netflix or Hulu, or even Disney+ (who had quadrupled its brand new customer base to almost 100 million by the end of 2020).
In fact, the gold medal for brand growth in 2021 goes to Paramount+.
Paramount+ launched just a few short months ago, and appears to be taking off due to its robust library of CBS shows and live sports broadcasts, as well as for having key partnerships with MTV, Nickelodeon and Comedy Central.
This — alongside other streaming players who landed on the list like HBO Max, YouTube Premium and PlutoTV — tells us one very important thing. Streaming is here to stay.
Contact BCH today to explore how your brand can be front and center with your audiences through high-impact television streaming services or other micro-targeted platforms.


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National diet center chain pulls fen-phen
PHILADELPHIA (AP) _ A national weight-loss chain has pulled a drug combination known as fen-phen from its program amid concern that the popular diet drug may cause heart valve damage and high blood pressure.
Nutri/System Weight Loss Centers this week began replacing fen-phen _ a combination of fenfluramine and phentermine _ with a mix of phentermine and the anti-depressant Prozac. The chain said the new drug, called phen-pro, is a safer, cheaper and equally effective alternative for the 9 million Americans who take fen-phen.
Nutri/System plans to switch thousands of patients to the new combination of pills within the next 30 days, company officials said.
The move comes two months after the Mayo Clinic reported 24 cases of fen-phen users developing heart valve damage. A week ago, the U.S. Food and Drug Administration said it had discovered another 58 cases and ordered new drug labels to warn patients.
Although the FDA stopped short of recommending that patients not use the pills, it urged doctors to be cautious.
``We know the risk is very small, but we felt that it was in the best interests of the customers to offer them the best available program,″ said Joseph J. DiBartolomeo, vice president for scientific affairs with the Philadelphia-based Nutri/System.
Both of the appetite suppressants in fen-phen are approved by the FDA for short-term use in dieting, although not specifically for use together.
Like fen-phen, phen-pro has its skeptics.
``The problem is we just don’t know if they’re safe or not safe. The question is, how much is the public willing to put themselves at risk based on what we don’t know?″ said Dr. Lewis J. Rubin, head of pulmonary medicine at the University of Maryland Medical School. ``Let’s not embrace the next thing that comes down the pike until it’s proven safe and effective.″
Nutri/System prescribed fen-phen to thousands of its 250,000 customers last year. About 8 million people spend nearly $2 billion at commercial dieting centers, including Jenny Craig, Diet Center, Physicians Weight Loss Centers and Weight Watchers International.
Studies in the last year have linked fenfluramine with primary pulmonary hypertension and a rare lung disease.
``I think probably they’re making a business decision, not necessarily a science decision,″ said James Merker, executive director of the Association of Bariatric Physicians.


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On Wednesday, Microsoft announced new security features within the upcoming release of Internet Explorer 8 Beta 2. The features are designed to combat the rising tide of drive-by downloads and malicious scripts contained within carefully crafted links embedded in e-mail and Web pages. Most of the new features require systems to be running Windows Vista SP1 or Windows XP SP3.
Perhaps the most anticipated addition is Internet Explorer's new antimalware protection. Opera 9.5 and Firefox 3 both recently added antimalware protection. Safari has so far not announced plans for similar protection. Using mostly its own antimalware technology, Microsoft … Read more


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Amazon will hire 55,000 new employees from around the world
E-commerce giant Amazon I mentioned this Wednesday that It plans to hire more than 55,000 employees worldwide in the coming months, of which 40,000 will be in the United States, as part of its expansion process. This is equal to More than a third of Google’s workforce as of June 30 and nearly all of Facebook’s workforce.
This announcement comes ahead of the event scheduled for September 15th when Provide career guidance to attract new employees.
In addition to the 40,000 new employees in the United States, The remaining 15,000 will be based in subsidiaries in Canada, France, Italy, Spain, the United Kingdom, Germany and India. Most of the new jobs will be in your technology department.
Amazon His turnover has seen a huge increase in the past year Amidst restrictions on movement put in place to control the spread of the epidemic and the boom of electronic shopping.
“We work hard every day to be the best workplace for people with long-term, satisfying jobs.“, She said Andy GacyAmazon CEO, in a statement.
jassi He was recently replaced by Jeff Bezos, founder of the company, responsible for Amazon.
In his first interview since ascending to the top position at Amazon in July, he said that The company needs more firepower to keep up with demand in retail, cloud, and advertising, among others.
as he said it The company’s new commitment to putting satellites into orbit to provide broadband access, It’s called Project KuiperAnd It will also require many new hires.
“There are many jobs that have been laid off or changed during the pandemic and there are many people considering new and different jobs.”Gacy, citing a survey by US firm PricewaterhouseCoopers, said 65% of workers want a new job.
“It’s part of what we think makes ‘Race Day’ so relevant and rewarding,” he said. The new hires will represent a 20% increase in company and technology employees at Amazon, who currently number about 275,000 worldwide, The company said.
Jobs offered by Amazon include jobs in engineering, research sciences, and robotics, He said the new spaces are largely for the company, rather than the jobs others are leaving.
Currently, the e-commerce giant is in Seattle It has more than 1.3 million employees around the world.
While other companies have cut staff during the pandemic, the opposite has happened at Amazon: His salaries inflated as millions of people were confined to their homes They had no choice but to purchase products online. Last year alone, Amazon employed 500,000 people.
(With information from EFE, Reuters and AP)


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Yahoo said it has pulled its services from China, citing an "increasingly challenging" operating environment.
- The move comes a few weeks after Microsoft pulled LinkedIn from China
- China has replaced departing Western internet companies with its own search engines and social media platforms
- Yahoo had greatly scaled back its presence in China over the past few years
The company is the second Western tech brand to quit the country in recent weeks.
"In recognition of the increasingly challenging business and legal environment in China, Yahoo's suite of services will no longer be accessible from mainland China as of November 1," the company said in a statement.
Last month, Microsoft pulled the plug on LinkedIn in China, marking the retreat of the last major US-owned social network in China.
LinkedIn cited a "more challenging operating environment and greater compliance requirements in China".
The departures illustrate the choices internet companies face in a huge potential market, but one where the government requires them to censor content and keywords deemed politically sensitive or inappropriate.
In their place, Chinese companies have filled the void, creating an alternative internet with its own digital giants.
The Baidu search engine has largely replaced Yahoo and Google in China, and WeChat and Weibo are the leading social media platforms.
Final step out of China
Yahoo had already greatly scaled back its presence in China over the past few years.
Prior to Monday, it had still operated a weather app and some pages that showed news articles in foreign languages.
Yahoo entered China in 1998 and in 2012 struck a deal with Alibaba Group to sell its stake in the e-commerce giant.
The deal also saw Alibaba obtain the right to operate Yahoo China under the Yahoo brand for up to four years.
Yahoo China later shut its email service and web portal but the brand retained a global research and development centre in Beijing until 2015, when it was shut down.
New tech laws posing difficulties
Yahoo's departure comes as Beijing has imposed fresh laws and curbs on its internet companies on areas from content to customer privacy.
On Monday, China's new Personal Information Protection law designed to protect online user data privacy came into effect.
Chinese laws also stipulate that companies operating in the country must hand over data if requested by authorities, making it difficult for Western firms to operate in China as they may also face pressure back home over giving in to China's demands.


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Indya expands its retail footprint with new Hyderabad store
By Retail4Growth Team | October 04, 2019
Expanding its retail presence in Indian market, High Street Essentials Pvt. Ltd (HSE) launched its first exclusive Indya store in Hyderabad. The new store celebrates the brands landmark of reaching 22 stores in the country.
High Street Essentials Pvt. Ltd, leading omnichannel fashion houses, launched its first exclusive Indya store in Hyderabad, bringing the fashion-loving women of the city a new brand to look at for refashioned Indian ethnic wear. The opening of the store, at Forum Sujana Mall, also supplements the brand’s strong expansion plans with this being the fifth store to open this month, bringing its nationwide exclusive brand store count to 22.
Indya, an omnichannel fast fashion brand, was born out of a thought to re-look at ethnic fashion and design by considering the lifestyle and aesthetics of the modern Indian woman. The brand emphasizes on new-age silhouettes that incorporate traditional embroideries, prints, and motifs. Apart from a thriving online store, the brand currently has 200+ offline retail touchpoints, including EBO’s and large format stores.
Spread across 653 sq. ft, the store houses an exciting and extensive range of fusion separates – think tunics that span from traditional kurtas to new-age draped designs; pants and skirts with classic cuts along with fashion-forward styles with attached sari drapes; and tops, to suit every mood and occasion. The store will also mark the launch Nikhil Thampi x Indya, the brand’s first collaborative collection with a designer.
Excited about the launch of Indya Hyderabad, Shivani Poddar & Tanvi Malik, Co-Founders, High Street Essentials Pvt. Ltd. said, “Hyderabad has come of age as a fashion destination. The women shoppers of the city have a discerning sense of style and there is now a wider acceptance of global trends. Indya as a brand is centred around interspersing new-age silhouettes with an old-world femininity, aligning perfectly with what our audience in this city is looking for.”
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The new store supplements the brand’s strong foothold in the retail and celebrates the brand’s landmark of reaching 20 exclusive stores.
The new store, spread across 850 sq. ft., aims to bring a one-stop-shop experience for the fashion-conscious market of women shoppers in Chennai


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Self-service petrol stations
Drivers in Dubai can now fill their own cars up at some petrol stations, as part of a limited trial by Enoc.
Video Editor's choice
Bollywood actress Katrina Kaif talks about media, her taste in jewellery and her film Dhoom 3
Car transporting goods dangerously caught on camera in Dubai
Dubai residents share their thoughts about the 42nd UAE National Day.


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GOODWILL OF ORANGE COUNTY AND UBER TEAM UP FOR MOBILE DONATION CAMPAIGN
On Saturday, May 2, Uber drivers will pick up clothing donations and deliver them to Goodwill free of charge
Orange County, CA — April, 29, 2015 - For one day this spring, donating clothes will be even easier thanks to an innovative partnership between Goodwill of Orange County and the popular on demand transportation platform, Uber. On Saturday, May 2, donors can open the app and request a pickup for their donations to be delivered by an Uber directly to their local Goodwill, free of charge.
Building on the success of previous promotions in the New York, Boston and San Francisco areas, this is the first time Goodwill of Orange County and Uber have partnered on a full-scale nationwide campaign to combine the power of donating with the convenience of ordering a ride via a mobile device. The partnership is available in more than 50 cities across the United States and Sao Paulo, Brazil where both Uber and Goodwill operate.
Here’s how it works:
- Throughout the month of April, people around the country who are spring cleaning will bag up jackets, shirts, pants, blouses and other clothing items to donate to Goodwill.
- On Saturday, May 2, donors will open the Uber app and be able to select the GIVE option on the bottom of the screen.
- An Uber SUV will arrive to pickup clothing bags, and the driver will drop-off the donations to their local Goodwill.
- All clothing must be bagged for drivers to accept donations.
- Drivers will arrive at requested pickup locations. Donors are responsible for bringing bags outside, as drivers cannot leave their vehicles unattended.
- For those who have already completed their spring cleaning and donations, or live in areas where Uber isn’t available, monetary donations can be made to Goodwill of Orange County at http://www.ocgoodwill.org/give.
Most people tend to do some form of spring cleaning in April. With Goodwill and Uber coming directly to donors, it’s the perfect opportunity for people to clean out their closets and give as much as they can, while ensuring that their clothing can be reused and contributing to a good cause. Goodwill of Orange County will use the revenue from the donations sold in its retail stores to help fund job placement and training programs in our community.
“This exciting collaboration has made spring cleaning and donating an easy task,” said Frank Talarico, Jr., president and CEO of Goodwill of Orange County. “The partnership ensures that the clothing donated is not only diverted from landfills, but also goes toward supporting efforts to put people facing barriers to work.”
“Both Uber and Goodwill strive to make a meaningful impact on local communities, and we are thrilled to once again team up with Goodwill to make donating fast and easy for Uber users,” said David Plouffe, Senior Vice President of Policy and Strategy at Uber. “Those who participate in this campaign are not only checking something off their to-do list, but supporting Goodwill and its mission to strengthen communities by providing job placement and training for people in need."
For a list of cities participating in the Goodwill and Uber spring cleaning partnership, visit blog.uber.com/springcleaning2015.
About Goodwill of Orange County Since 1924, Goodwill of Orange County has been in the business of helping people who are facing barriers to enter the workforce in a meaningful, fulfilling manner. Founded on the belief that every person should have the opportunity to achieve the independence that work provides, Goodwill is most recognized for being the conduit where donated goods are sold in America’s favorite thrift stores to generate the revenue that provides the services to those who face employment challenges. Celebrating its 90th year in 2014, Goodwill of Orange County has supported thousands of Orange County residents since its inception by creating and providing quality training and employment services to empower its program participants to be productive and independent. The nonprofit organization has dozens of programs that support this effort, including the Goodwill Fitness Center, Orange County’s only facility specially designed for people suffering from chronic illnesses and physical disabilities; its veterans’ advocacy program, Enduring Independence, which helps veterans and their families transition to civilian life through the power of work; and its Assistive Technology Exchange Center (ATEC), which provides access to more than 1,000 state-of-the-art technology devices for children and adults with disabilities. These are just a few of Goodwill of Orange County’s innovative programs that have served those facing barriers in Orange County for the past nine decades. In 2012, Goodwill was named one of Orange County’s Most Trusted Brands. To learn more about Goodwill of Orange County, visit www.ocgoodwill.org.
Uber is a technology platform that is evolving the way the world moves. By seamlessly connecting riders to drivers through our apps, we make cities more accessible, opening up more possibilities for riders and more business for drivers. From our founding in 2009 to our launches in over 300 cities today, Uber's rapidly expanding global presence continues to bring people and their cities closer. Follow us on Twitter: @Uber and find us on Facebook: Uber.
Media Contact: Nicole Morrison, firstname.lastname@example.org or (949) 200-6110.


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Although the new SR410 screen from
In June 2010, Anaconda launched the DF410, a compact scalping screen that "has proved a tremendous success" for the company. The SR410 is a more conventional screener, commonly found in applications where fine screening of materials is required.
"The SR410 is 12 months in the making from initial concept, through design, build and finally testing. This machine has been put together with the help of several key dealers who form such an integral part of the team here at Anaconda. Testing has gone very well and the order book has started to fill up a little, which is the best you can hope for in any new product launch," said Anaconda production director, Martin Quinn.


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MobiKwik has received approval from markets regulator Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO) through which it plans to raise up to ₹1,900 crore, reports suggest.
It is expected to launch its IPO before Diwali (November 4) and is likely to fetch a valuation of $1 billion, source
The Gurgaon-based company had filed the Draft Red Herring Prospectus (DRHP) for the Initial Public Offering (IPO) with Sebi in July. The company was last valued at around $700 million in its previous funding round in April.
The company intends to raise up to Rs 1,500 crore through primary issuance of shares while stakeholders will sell shares worth Rs 400 crore including Sequoia Capital, Bajaj Finance, American Express Travel Related Services, Cisco Systems, Tree Line Asia, and promoters Upasana Taku and Bipin Preet Singh.
It will use the net proceeds from the IPO for funding organic and inorganic growth initiatives and for general corporate purposes
MobiKwik is among a growing list of consumer internet firms, including Paytm, Nykaa and PolicyBazaar that are eyeing stock market debuts this year. Food-delivery platform Zomato kickstarted the IPO boom among Indian consumer startups when it made a stellar debut in the Indian public markets in July.
MobiKwik defines itself as a fintech company providing payment solutions through mobile wallets and Buy Now Pay Later (BNPL) channel. It was founded in 2009.
Categories: Venture Capital


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Yesterday's trading: Apple sinks its teeth into ITG
It posted a respectable set of annual results. But that isn't what got Imagination Technologies Group going yesterday.
Taking a bite: Apple is building a a stake in ITG.
Rather it was early gossip that Goldman Sachs was bidding 150p in the market for 20m shares on behalf of its client, iPod and iTunes techno giant Apple.
As dealers waited in vain for confirmation, the shares raced away on hefty buying to close 39.2p up at a year's peak of 153¾p. Turnover swelled to 12.4m.
Apple sits on a 3% stake but is desperately keen to increase it in order to rain on rival Intel's parade.
The world's leading chip maker recently lifted its shareholding in ITG to 16%, fuelling speculation that it will not be long before it launches a full-scale offer for the company.
Intel has already licensed several generations of ITG's graphics and video software for deployment in its mobile computing and consumer architecture.
Hossein Yassaie, ITG's chief executive, described Intel's recent decision to raise its stake as simply a 'protective measure' by the chip giant. Really?
ITG reported a 56% hike in annual profits to £5m on revenues 24% ahead at £64.1m. This after research and development expenditure of £31.1m over the 12-month period.
Long-term fan Mike Savage at broker Killik said: 'It's the technologies division that is the driver of profitability and value on the back of the inexorable desire of the global consumer to embrace smart phone technology.
'The fact is that, come 2012, ITG could well be providing 50% of all the graphics chips to players in consumer electronics markets.'
Buyers were back in town for blue chips on both sides of the Pond. Their appetites were whetted by the Organisation for Economic Co-operation and Development's assumption that the economic outlook has improved for the first time in two years.
Meanwhile, US stocks also responded to an unexpected jump in May durable goods orders which showed further signs that the economic slump is easing.
The Footsie closed 49.96 points better at 4279.98, while the FTSE 250 rallied 127.89 points to 7320.85.
Wall Street closed 23.05 points down at 8299.86 after the Federal Reserve, as expected, opted to leave interest rates at historic lows.
Mining stocks led the charge. Anglo American bounced back with a gain of 168p to 1820p on hopes that an agreed £40bn merger with Xstrata, 34.9p up at 674.8p, could yet materialise.
Lonmin, in which Xstrata still holds a 25.9% stake following a failed takeover attempt last year, rose 80p to 1214p. Rio Tinto advanced 112p to 2131p and BHP Billiton 62p to 1395p.
Recently the subject of speculation that it was about to sell its 18% stake in US broker MF Global, Man Group lost 11¾p to 275¼p.
Investors exited on hearing that Morgan Stanley had placed 12m shares in the hedge fund giant at around 270p a share with institutional investors.
Tipped to be a Footsie constituent by the end of the year, Heritage Oil gushed 33½p to 518½p. Premier Oil added 38p at 1097p after announcing upbeat flow test results on the Red Emperor discovery on Block 07/03 offshore Vietnam.
Gulf Keystone Petroleum put on 1½p at 13p following an encouraging update on the Shaikan-1 exploration well in Iraqi Kurdistan. Live oil shows were encountered during drilling.
Rumours of a bid approach at £4 a share lifted Dragon Oil 11p to 370p.
More than 14m Afren changed hands and the close was 4¼p better at 45p. Morgan Stanley upgraded to overweight with a 58% price target. The broker believes the company remains a compelling and unique growth story based around West Africa.
Confirmation of a bid approach helped Sylvania Resources put on 3½p more to 80p. Recent rumours have suggested that privately owned South African chrome miner Samancor is ready to table a cash offer of £1 a share.
Kalahari Minerals soared 18.2p to 132¾p as investors recognised the stock was trading at a hefty discount to uranium explorer, Extract Resources, in which it holds 40%.
An Ambrian recommendation in the wake of the results left Avocet Mining 1p dearer at 81p. The broker says that Avocet now offers a backstop to a falling gold price as it now has a good production grow the profile.
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Household International Inc., the US's second-largest consumer finance company, agreed to be bought by British banking giant HSBC Holdings. The all-stock deal, valued at $14.2 billion, will give HSBC almost 1,400 new outlets in the US and an estimated 50 million additional customers, many of them borrowers with low incomes or troubled credit histories. Prospect Heights, Ill.-based Household agreed last month to pay up to $484 million in restitution to borrowers in 44 states for allegedly misleading them into paying higher-than-advertised interest rates.
Massive losses were reported by three of the largest white-collar companies in Europe. Deutsche Telekom, the German phone-service provider, posted a net deficit of $24.7 billion for the first nine months of its business year, blaming the red ink on the cost of third-generation licenses for cellphones and the write-downs of such acquisitions as Bellevue, Wash.-based VoiceStream Wireless Corp., since renamed T-Mobile USA. Meanwhile, Allianz, the German insurance and financial services giant, reported a $2.5 billion third-quarter loss, blamed, in part, on settling asbestos-related claims. And Credit Suisse said it lost $1.4 billion in the third quarter, the worst in its 146-year history. Senior executives said much of the problem was due to an "absolutely unacceptable" performance by the company's US subsidiary, First Boston, which will be ordered to implement a $500 million cost-cutting program.
An alliance that stops just short of a merger was formed by Nippon Steel Corp., the world's third-largest producer, and two rivals. It and smaller Japanese companies Sumitomo Metal Industries and Kobe Steel Ltd. agreed to a mutual stockholding arrangement, to supply each other with products that are their respective specialties, and to cooperate in distribution and the buying of raw materials. Japan's second- and third-largest steelmakers, NKK Corp. and Kawasaki Corp., set up a joint holding company in September.
AMP Ltd., the largest financial services and life insurance company in Australia, said it will cut 1,200 jobs and scale back or cease its Asian operations, banking services in Britain, and some credit-card programs.


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“The Last of Us Part 2” has a new story trailer and gameplay footage, Sony revealed at their E3 Showcase Monday evening.
The highly anticipated title was the opener for Sony’s press conference, introduced by a banjo rendition of the main theme song of “The Last of Us.”
The trailer opens with Ellie at a party, as she watches a young woman, Dina, dancing. Ellie is then approached by a young man, Jessie, who commiserates with Ellie over his dislike of social gatherings before bringing up Dina’s dancing, insinuating that the two characters have a history.
Dina then comes up to Ellie, and the two share a conversation and a kiss before the story trailer seamlessly blends into a look at gameplay.
The upcoming title is a sequel to Naughty Dog’s 2013 hit “The Last of Us,” set five years after the events of the original. It’s unclear from the trailer the timing of the events at the dance, but it would appear that Joel is a key part of Ellie’s life, as Jessie references Ellie’s “old man” — the only mention we have of Joel in the trailer.
E3 2018 is at the Los Angeles Convention Center from June 11 to 12, but the press conferences with first looks at upcoming titles are happening now. EA was first up on Saturday, with big news including “Battlefield V’s” new battle royale multiplayer mode. Microsoft dominated with their E3 Xbox Briefing on Sunday, and set the bar high by showing 50 upcoming titles. On Sunday, Bethesda also held their press conference, with new looks at “Fallout 76” and more.
Make sure to follow all of Variety’s E3 2018 coverage, with breaking news, original interviews and hands-on impressions, right here.


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It might initially come as a shock, but as Bitcoin and other cryptocurrencies began their rise to prominence, so did hackers’ attempts to steal as much as they can. Crypto Aware recently discovered that hackers and online scammers have managed to get away with around $1.7 billion in cryptocurrencies during the last seven years. About $670 million were taken in 2018.
During the seven-year period between 2011 and 2018, over $1.7 billion in cryptocurrencies were reportedly stolen. According Business Insider, 40 percent of that amount was taken from users in the last three months.
The largest cryptocurrency theft this year saw Tokyo-based cryptocurrency exchange Coincheck lose over $530 million worth of NEM.The embattled exchange is set to be acquired by Japanese brokerage firm Monex.
Why Cybercriminals Choose Cryptocurrencies
According to Crypto Aware founder Anna Wu, the main reason for this sudden increase in cryptocurrency thefts might be the ever-growing validation cryptocurrencies are receiving. She stated:
“Cryptocurrency is receiving more and more validation as a means of value transfer, with top coins reaching historically high prices toward the end of last year — this attracted a lot of new, unseasoned investors who are not well-versed in terms of online security and who are identified as easy targets by scammers.”
Partly thanks to the ongoing ICO trend, the cryptocurrency market managed to grow tenfold in a single year, going from $27 to $270 billion in 12 months. ICOs are now being used by cybercriminals to scam unsuspecting investors.
Wu advised cryptocurrency enthusiasts to be aware of fraud, scams and hacks when the market is bullish, as these periods attract scammers. Bullish periods, she says, also attract gullible investors.
A recently conducted study claims nearly 80 percent of ICOs were scams designed to trick investors. Moreover, it states 6 percent of the projects behind ICOs failed, while 5 percent had simply “gone dead”. When all is said and done, only 8 percent of ICOs managed to trade on an exchange.
Based on these results, Anna Wu stated coin offerings should be approached with a lot of caution. Scammers recognize gullible investors, and recent statistics show that they are becoming very good at it. She noted that investors shouldn’t invest more than they can afford to lose, and should always inspect URLs.
“If it seems too good to be true, it is. Investment scams often try to entice gullible investors with unrealistic returns. Don't be greedy.”


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Sony has announced the rollout of the new software update dedicated to Xperia XZ2 and XZ2 Compact smartphones, thanks to which you can use Google Lens (including the latest features announced at Google I/O 2018) directly from the camera app.
New update that makes it even more immediate to use the Google Lens functions, compared to the method that provides access to Google Photos and Assistant. Sony Xperia XZ2 Premium could already benefit from the update that the other two exponents of the XZ2 range are receiving the update that has just been released.
Google Lens allows you to identify objects by providing useful information: for example, you can find online products, copy and paste the text, receive information about places, add events to the calendar or identify plants and animals.
To take advantage of these functions directly through the camera app of Xperia XZ2 and XZ2 Compact will be enough to update the Google app, says Sony, so it is not required to download and install an update OTA. However, the update release may vary in the various markets.
Please note that the latest Google Lens features will be available on more devices able to use them directly from the camera app – on the occasion of the Google I/O reference was made to the LG, Motorola, Xiaomi, Sony, HMD Global, TCL, OnePlus, BQ and Asus, as well as the Google devices.[amazon box=”B07B8123TD” /] [amazon box=”B07B821WFJ” /]


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Plus-size fashion retailer Arula will join the tenant roster at The Corners of Brookfield next year.
It’s the first Wisconsin location for the Maryville, Tennessee-based company, which carries women’s clothing sizes 10 to 24. The Brookfield store is slated to open in spring, just north of Arula’s sister brand, Altar’d State, on High Street, according to a news release Friday.
Arula has 17 boutiques in 14 states as well as an e-commerce site. Stores are designed to “engage the shopper’s senses: what she sees, what she hears, what she smells,” according to the release.


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Los Angeles, March 24th, 2020: TechAhead, a leading mobile app development services provider based in Agoura Hills, announced that the company is all geared up to help clients continue to operate during the testing times prevalent due to the coronavirus outbreak worldwide.
The preventive measures announced by Governments across the globe, ranging from social distancing to complete lockdown of cities or districts, have had a significant impact on business operations. Sectors such as aviation, travel, and tourism have been the hardest hit with cancellations and travel restrictions. Additionally, the supply chain has been impacted for hundreds of manufacturing companies around the world that have been sourcing from China. Estimates point to the outbreak likely to cost the global economy around $1-2 trillion in 2020.
For companies, it’s essential to maintain business continuity and get back on track once the supply chain is functional, employee safety is no longer a concern and when consumer demand bounces back during the post-pandemic recovery period.
It’s with this optimistic vision that TechAhead decided to be prepared to help its clients by offering 24*7 operational support to ensure that they can continue to operate through the testing times.
With a dedicated team of experts in all aspects of app development, companies can be assured of services around the clock for developing new apps or support and maintenance of existing ones. Besides a local presence in California, the company has an off-shore team of experts who work around the clock to ensure on-time and efficient delivery.
“Whether it’s to manage a remote workforce or to provide customers with timely services, a mobile app can make a world of difference in today’s digital economy,” says Vikas Kaushik, CEO of TechAhead. “We are committed to helping our clients during the outbreak so that their businesses can continue to function as optimally as possible in the current scenario. Our team may be working from home or on a tiered structure, but we are operational and all set to support our client’s business continuity requirements.”
In a world run by digital technology, the coronavirus outbreak has also highlighted the significant role of mobile apps. Whether it’s to help to track the movements of patients under home quarantine, provide help with contact tracing through location-based services or even to provide answers about the pandemic and its symptoms using a chatbot to ease the panic among the population, apps can simplify the process. Additionally, social distancing and work from home policies have highlighted the supply gap in sectors such as food/grocery delivery, health, and fitness at home and others, which companies and service providers can bridge with an app.
TechAhead is all set to meet the demand for app development and maintenance by providing 24*7 operational support with a strong support team, including project management experts as well as client servicing teams in the USA to ensure business continuity.
An award-winning mobile app development company in the USA with a global clientele, TechAhead is reputed for exploring new technologies and using them to provide the best services to clients across the world. The company has experts who are skilled at developing apps for small and large companies as well as ambitious start-ups using newer technologies.


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Chinese-made Model 3 gives automaker 21% market share in the first half of the year
GUANGZHOU — Tesla became the top seller of electric vehicles in China in the first half of the year, as the locally-made Model 3 gives consumers an affordable way to enter what used to be an exclusive club open only to the rich.
Tesla doubled its China sales to about 50,000 vehicles from a year earlier, even as overall sales in the world’s largest electric vehicle market roughly halved to about 235,000, according to Chinese research company Ways. This raised Tesla’s market share there to 21% from 6%.
The boost largely came from the Model 3 sedan, which Tesla began shipping out of its Shanghai factory in January. The cheapest option of these autos can be purchased for about 270,000 yuan ($39,000) after subsidies, more than 30% less than the same model imported from America.
“It’s so much cheaper than an imported Model 3. More younger customers are buying this,” a salesperson aggressively pitched to customers at a dealership in Guangzhou on Friday, which was packed despite it being a weekday.
“You look cool when you come to work in a Tesla,” said one woman in her 40s who works at an electronics maker. “I could afford it, if I wanted.”
Tesla has been working to build up its brand in China since entering the market at the end of 2013. CEO Elon Musk himself handed out the keys to the first batch of Tesla’s sold in the country, and the vehicles count Xiaomi founder Lei Jun and actor Tony Leung Chiu-wai among their fans.
The automaker initially focused on luxury options such as the Model X, which at around 800,000 yuan is four to eight times more expensive than the typical electric vehicle sold in China. Secure in its image as a luxury brand, Tesla is now chasing a wider swath of the Chinese market with the locally made Model 3.
In addition to solidifying its image as a luxury brand, Tesla is expanding its charging infrastructure. Tesla had built over 2,000 fast chargers at shopping centers, hotels and other locations across China as of the end of 2019, and is believed to be aiming for at least 6,000 by the end of this year. Because Tesla vehicles can also use other companies’ charging stations, “there is absolutely no need to worry about charging your car in big cities like Guangzhou,” according to a dealership.
Many buyers also like that used Tesla vehicles tend to retain their value better than other electric vehicles.
Tesla considers China a critical market. “China is very pro-EV and is the biggest EV market in the world,” Musk said in a podcast released in January. The country accounted for about a third of California-based Tesla’s overall sales in April-June.
Musk also said on an earnings call in July that various efforts are underway at the Shanghai factory. Tesla plans to start shipping the Model Y sport utility vehicle from the plant in 2021.
Despite Tesla’s gains in January-June, Chinese electric vehicle makers such as BYD suffered a sharp downturn in the first half of the year. Because their vehicles tend to have a shorter range, they rely less on retail customers and more on car-sharing platforms and other corporate clients. The coronavirus forced many businesses to cut back on new investments, resulting in a more than 70% drop in corporate demand in January-June.
Government subsidies designed to promote electric cars also halved around mid-2019, further sapping demand. Automakers are now offering their own subsidies to popularize electric vehicles in rural villages and other untapped markets. Though unit sales of new-energy vehicles — EVs, plug-in hybrids, and other greener cars — rose on the year for the first time in 13 months in July, the full-year tally is expected to fall about 10%.
For now, Chinese makers do not have the branding to compete with Tesla. “Tesla will remain at the top of the Chinese market for the next several years,” said Tang Jin at Mizuho Bank.
But the local manufacturers are working to change this. BYD launched the Han series in July, which has a longer range at a cheaper price than the cheapest Tesla Model 3. Nio often called the Tesla of China, is also increasing sales through word of mouth.
Growing tensions between the U.S. and China loom heavily over Tesla. The Chinese government could interfere with supply chains for Tesla’s Shanghai factory to retaliate against U.S. pressures, Bernstein Research analyst Toni Sacconaghi said.
“Musk has a lot of fans in China, so a boycott seems unlikely,” said Mizuho’s Tang. “But there is a possibility Tesla could be affected in some way by U.S.-China tensions.”


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This week, two of the world’s top beer companies announced that they were stepping into the cannabis industry in big ways.
First Heineken announced that their California-based subsidiary Lagunitas is producing a THC infused beer that contains no alcohol. The new drink is called Hi-Fi Hops and is sold for roughly $8 at select cannabis dispensaries. The drink only contains 10mg of THC per can, which is about the same as a cannabis-infused gummy bear.
However, if someone is looking to get a value, they would have much better luck with the 100mg Dixie Elixirs, which come in a variety of flavors that go for roughly $30 per can.
Hi-Fi Hops is also available in a non-psychoactive CBD version.
Not long after Heineken’s announcement, Corona parent company Constellation Brands went public with their decision to invest $4 billion into Canada’s top cannabis producer Canopy Growth.
As a result of the investment, Constellation now owns 38% of Canopy Growth, positioning themselves to be a big player in the cannabis market, as the alcohol industry risks losing market share.
“This could potentially be one of the most significant global growth opportunities for the next decade,” Constellation CEO Rob Sands said.
A 2015 study, published in the journal, ‘Scientific Reports,’ suggests that smoking cannabis is roughly 114 times safer than drinking alcohol. Ironically, out of all the drugs that were researched in the study, alcohol was actually the most dangerous, and it was the only legal drug on the list.
Just behind alcohol, heroin and cocaine were listed as the next most dangerous, followed by tobacco, ecstasy, and meth. The criteria that these drugs were arranged by, was according to the likelihood of a person dying from consuming a lethal dose.
“The results confirm that the risk of cannabis may have been overestimated in the past. At least for the endpoint of mortality, the [margin of exposure] for THC/cannabis in both individual and population-based assessments would be above safety thresholds (e.g. 100 for data based on animal experiments). In contrast, the risk of alcohol may have been commonly underestimated,” the report states.
“Currently, the MOE results point to risk management prioritization towards alcohol and tobacco rather than illicit drugs. The high MOE values of cannabis, which are in a low-risk range, suggest a strict legal regulatory approach rather than the current prohibition approach,” the report continues.
While this is not the first study to rank marijuana very low in terms of danger, it comes at a time when the debate surrounding marijuana legalization is more heated than ever before, with more and more people agreeing that it is time to end prohibition.


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Senator Reverend Warnock joined the Georgia delegation in announcing CSRA Rural Lending Authority Inc. would receive $7.5 million in funding from the United States Department of Agriculture (USDA)
New federal funding will expand domestic meat processing capacity, creating jobs in rural counties, increasing competition, lowering grocery costs and strengthening food supply chains
Senator Reverend Warnock led his colleagues in pressuring USDA to award this grant to Augusta-based CSRA
Additionally, USDA announced Georgia-based companies Yonah Valley Farms LLC and FPL Food LLC would be awarded nearly $34 million in federal loans through the Food Supply Chain Guaranteed Loan program to increase chicken production and extend meat freshness, respectively
Senator Reverend Warnock: “Strengthening our food supply chain is crucial to keeping grocery store shelves full and food prices low. That’s why I was proud to lead my colleagues in the Georgia delegation to push for this federal investment to support Georgia’s meat processing industry”
Washington D.C. — U.S. Senator Reverend Raphael Warnock (D-GA) led the Georgia delegation in announcing $7.5 million in United States Department of Agriculture (USDA) investments to Georgia’s meat-processing industry. The funding was awarded to CSRA Rural Lending Authority Inc. which will use the federal grant to expand Georgia’s meat-processing capacity by establishing the Georgia Meat and Poultry Revolving Loan Fund. This grant will create jobs, strengthen the food supply chain and lower grocery costs for Georgians through increased competition.
Senator Warnock led a Georgia delegation letter, signed by Senator Jon Ossoff (D-GA), Sanford D. Bishop, Jr. (D-GA-2), Rick Allen (R-GA-12), David Scott (D-GA-13), and Austin Scott (R-GA-12) to USDA Secretary Tom Vilsack supporting CSRA’s grant application, which USDA awarded in full.
“This grant is about creating jobs in rural counties and lowering food costs for all Georgians,” said Senator Reverend Raphael Warnock. “Strengthening our food supply chain is crucial to keeping grocery store shelves full and food prices low. That’s why I was proud to lead my colleagues in the Georgia delegation to push for this federal investment to support Georgia’s meat processing industry. I look forward to continuing to work with partners on the ground to secure robust investments for our state’s industries.”
“We appreciate the confidence that USDA has in us to be able to manage this critically important program for Georgia,” said Randy Griffin, President of CSRA Business Lending. “The pandemic has taught all of us that we cannot rely on foreign entities, large global beef and pork providers, and imports for our food supply. We must produce more of our food domestically and Georgia will be critical in solving the nation’s food production issues long term.”
“Georgia farmers have demanded access to more meat and poultry processing options,” said Senator Jon Ossoff.“We have succeeded in securing USDA funds to finance new processors that will serve Georgia farmers. I will continue working every day to support Georgia agriculture and I thank Agriculture Commissioner Gary Black for his help with this effort.”
“This is a great example of Democrats and Republicans coming together to help Georgia’s livestock producers,” said Congressman Sanford D. Bishop, Jr.“Today’s $7.5 million from USDA to establish the Georgia Meat and Poultry Revolving Loan Fund will increase access to capital for meat processors who want to start or expand processing capacity right here at home. More local processing options strengthen our supply chain and help create greater, free-market competition within the industry that can ultimately lower costs at the grocery store for Americans,”
Senator Reverend Warnock has been laser-focused on addressing supply chain issues and lowering grocery costs. Last year when as many as 30 vessels were backed up at the Port of Savannah, Senator pushed the Administration to release $8 million in federal funding for the Georgia Ports Authority to ease congestion across the state. Additionally, the Senator introduced the Relief for Families Act, which would save Georgians money on essential items like groceries by allowing states to use COVID relief dollars to fund a sales tax holiday.
Senator Reverend Warnock is a dedicated champion for bringing jobs to rural Georgia, and recently received the 2022 OCP Rural Champion Award in recognition of the Senator’s vital leadership and legislative efforts to improve rural life, support agriculture, and diversify the rural economy.