text:
Economists count on 1.3 million new state unemployment claims.
With companies reopening in matches and begins and nervousness growing over new coronavirus scorching spots, the newest unemployment studying on Thursday is prone to supply scant consolation.
Economists surveyed by Bloomberg count on the Labor Department to report that 1.3 million new claims for state unemployment insurance coverage had been filed final week, with 20 million individuals persevering with to gather state advantages. If the consultants are appropriate, it will be the 14th week in a row that new claims have topped a million.
The newest information will likely be printed amid conflicting alerts for the financial system. New York and another locations that had been onerous hit are beginning to get again to enterprise. But a surge in instances in states that reopened earlier has raised fears of recent setbacks.
On Tuesday, Gov. Greg Abbott of Texas urged residents to remain residence and warned that the state may need to impose new restrictions if the virus couldn’t be contained. And California and Florida have every posted document numbers of recent instances in current days.
Apple shut shops it had reopened in 4 states — Florida, South Carolina, North Carolina and Arizona — and on Wednesday closed seven shops in Houston.
“The renewed outbreak will hinder the recovery,” stated Carl Tannenbaum, chief economist at Northern Trust in Chicago. “I can’t help but think that the willingness of consumers to be in crowded places has diminished. It’s going to be a long haul to get back to where we were before the pandemic.”
Global markets are blended forward of U.S. jobless claims.
Global markets traded choppily on Thursday on continued worries about new coronavirus outbreaks and as buyers waited for job loss information from the United States.
Major European markets had been buying and selling lower than 1 p.c decrease close to the open earlier than recovering some floor. They had been buying and selling principally flat later in the session.
That adopted a drop of 1.2 p.c in Tokyo and greater than 2 p.c in South Korea, although Asian buying and selling was quiet as a result of China and Hong Kong exchanges had been closed for a vacation.
Futures markets had been predicting Wall Street would open lower than 1 p.c decrease.
Other markets signaled hesitance. Prices for U.S. Treasury bonds, which regularly rise in instances of uncertainty, had been principally increased. Oil costs on futures markets had been decrease.
Investors have fretted for days about persistent studies of recent infections in the United States, elevating questions on how rapidly the world’s largest financial system can totally reopen and get again in control. But India and Brazil have additionally reported increased infections, days after China and South Korea additionally disclosed outbreaks.
The considerations drove shares in the United States down closely on Wednesday, with the S & P 500 index falling greater than 2 p.c.
Founder of SoftBank is resigning from Alibaba’s board.
Masayoshi Son, the founding father of SoftBank, the Japanese conglomerate and funding firm, stated on Thursday that he would resign from the board of Alibaba, the Chinese e-commerce firm, during which he was an early and wildly profitable investor.
The transfer comes after Jack Ma, Alibaba’s co-founder, stated final month that he would stop SoftBank’s board, with out giving a proof
SoftBank, which runs the world’s largest expertise funding fund, has been hit onerous by the coronavirus pandemic, which has cratered the values of a few of its largest holdings, like the car-sharing service Uber and the Indian hospitality agency Oya.
Alibaba has been a golden goose for SoftBank. Mr. Son’s unique funding of $20 million grew right into a stake valued at greater than $100 billion. In current months, SoftBank has bought down a part of its stake in the Chinese firm to lift funds for a big share buyback supposed to juice its inventory worth.
Mr. Son and Mr. Ma have been longtime members of one another’s boards. Addressing an annual assembly of SoftBank’s shareholders, Mr. Son stated that there was no dangerous blood between the two.
“It’s just a happy ending,” Mr. Son stated. “Jack is kind of graduating from SoftBank Group, and I am graduating from the Alibaba Group.”
Disney postpones its plans to reopen theme parks in California.
The Walt Disney Company on Wednesday deserted a plan to reopen its California theme parks on July 17, citing a slower-than-anticipated approval course of by state regulators. The announcement got here amid rigidity with unionized Disneyland workers, a few of whom had publicly criticized the firm’s reopening timetable as too quick.
“The State of California has now indicated that it will not issue theme park reopening guidelines until sometime after July 4,” Disney stated in a press release. “Given the time required for us to bring thousands of cast members back to work and restart our business, we have no choice but to delay the reopening of our theme parks and resort hotels until we receive approval from government officials.”
Disney didn’t give a brand new goal reopening date. The firm stated it will transfer ahead with plans to reopen its Downtown Disney shopping center in Anaheim, Calif., on July 9.
Disneyland and Disney California Adventure, which border one another in Anaheim, closed on March 13. Two weeks in the past, Disney offered authorities officers with a plan to reopen each parks on July 17 with restricted capability and stringent security insurance policies, together with necessary masks sporting. Other theme park operators in California have made related proposals; Universal Studios Hollywood stated it wish to reopen as quickly as July 1, pending state approval.
But coronavirus instances in California have been hovering. Gov. Gavin Newsom stated on Wednesday that the state recorded greater than 7,000 new instances over the previous day.
Unions representing most of the Disneyland’s 32,000 workers sent a letter to Governor Newsom on June 17 saying that “despite intensive talks with the company, we are not yet convinced that it is safe to reopen the parks on Disney’s rapid timetable.” Since then, lots of Disney’s unions have signed agreements with the firm outlining enhanced security procedures.
Catch up: Here’s what else is going on.
Qantas, the Australian airline, will minimize roughly one-fifth of its work pressure because it joins different airways grappling with the international close to halt in journey. In addition to the reductions of no less than 6,000 jobs, it will additionally hold one other 15,000 staff on furlough till flying resumes. It may also retire its six Boeing 747 jumbo jets six months forward of schedule.
Tomas J. Philipson, a prime financial adviser to President Trump, plans to go away the administration at the finish of the month, a White House official stated on Wednesday. Mr. Philipson has served for the previous 12 months as the appearing chairman of the Council of Economic Advisers and has been a member of the council since 2017. His departure leaves the Trump administration with out one among its key financial consultants because it tries to include the coronavirus pandemic and emerge from a deep recession.
Reporting was contributed by Ben Dooley, Mohammed Hadi, Matt Phillips, Nelson D. Schwartz, Carlos Tejada, Brooks Barnes and Alan Rappeport.


text:
When the world’s second biggest “Big Oil” company, Royal Dutch Shell, announced the purchase of German battery maker Sonnen last month, the talk from inside the company was that Shell is preparing for a significant and rapid shift to electric – perhaps within a decade.
Such forecasts, including by those like Stanford University futurist Tony Seba, are generally downplayed, by incumbents whose business models will be destroyed by the scale and speed of such a transition, by the nay-sayers still clinging to last century technologies, and by the regulators and policy makers who know they have already been left behind.
But Shell has all but confirmed that this scenario is exactly what they are planning for. By the early 2030s, it says, it expects to be the biggest power company in the world, as just about everything – including transport and heating – turns electric.
And they will be careful who they seek such services from.

domain: news


text:
Sony is rumored to announce a replacement for the RX10, which will be called RX20, this October. The bridge camera will record 4K videos in order to have a better chance at competing against the Panasonic FZ1000.
There used to be a lot of room between the RX1 and RX100 series. Sony bridged the gap with the help of the RX10 in October 2013. There are signs that the camera has been received well by the consumers, but Panasonic stole the show in June 2014 with the introduction of the FZ1000.
The main advantages of the FZ1000 over the RX10 are a more extended zoom, 4K video recording support, and a very attractive price tag. The latter has also forced the PlayStation maker to drop the price of the RX10.
Either way, it appears that the Sony RX20 is already in the works and will be announced as soon as October 2014.
Sony RX20 specs list to include 4K video recording and XAVC-S codec support
With the RX10 unveiled in October 2013, it would make sense for the company to reveal its successor around the same period this year. Before the purported product launch event, the Sony RX20 specs have been leaked on the web.
The bridge camera will feature the same 20.2-megapixel 1-inch-type sensor and the same 8.8-73.3mm lens, which will provide a 35mm equivalent of 24-200mm and a constant maximum aperture of f/2.8 throughout the zoom range.
The most important addition consists of 4K video recording support. This way, the RX20 will become a true competitor for the Panasonic FZ1000.
Moreover, the RX10 replacement will support XAVC-S codec, so the quality of the videos will be very high. On the other hand, full HD video will be recorded at 60fps, while 720p videos will be captured at 120fps.
Finally, it must be said that the S-Log2 support, found in the Sony A7S, will not be added to the RX20.
Sony RX20 price tag to stand at $1,300
The unnamed source has had something to say about the design of the Sony RX20. It appears that the design of the upcoming bridge camera will be slightly improved over its predecessor in order to become more ergonomic.
The release date of the shooter has not been mentioned, but its price will stand at around $1,300. Additionally, the RX10 will continue to be available, but will get a price reduction of about $100-$200.


text:
Friends horrified after receiving bill for four drinks at holiday hotspot
| Last updated
Featured Image Credit: TikTok/@david_senda
A group of friends were left horrified after receiving a surprisingly hefty bill for their four drinks while enjoying an al fresco beverage in a popular European hotspot.
Find out just how much they splurged below:
Sometimes you can shave off a few quid here or there if you swerve the tourist spots and make a beeline for places off the beaten track, but even then you might not even realise how much you’re paying until you’re hit with the receipt.
A group of friends found out the hard way when they went out for a drink in a square in Venice.
They ended up having to fork out a whopping €70 for just four drinks – a price tag that left them floored, especially because one of the bevs was just a glass of Coke.
TikToker David Senda posted a video about their pricey round, joking in the caption, loosely translated into English: “We dismantle the myth that in Venice they nail you in St. Mark's Square when you sit on a terrace.”
In total, the group ordered a Guinness, two beers and a Coca-Cola, having also enjoyed what looked like some complementary snacks.
The person filming can be heard saying: “I’ll take the beer mat to remember this by."
The Coke along cost a staggering €16, while the Guinness cost €18 - as did each of the San Marco beers.
Hey, at least those crisps and olives were on the house...
St Mark's Square is notorious for its pricey cafes, bars and restaurants, thanks to its proximity to the world-famous basilica of the same name.
But fellow TikTokers were equally stunned by the bill, with one commenting: "€16 for a coke? When I see them in the supermarket I promise I won't complain about the price.
Others shared their own horror stories from Venice, including one person who said they were once charged ‘€5 for the table and €5 for the cutlery’ - even though they were eating pizza and hadn’t actually asked for a fork.


text:
Hold fire on ditching top NS&I deals: Even at 0.75%, the cash Isa is not bad in the current climate
Savers should wait before ditching NS&I accounts after last week's rate cuts.
In a savage blow, National Savings & Investments is cutting many of its rates on May 1.
Its Direct Isa falls from 1 per cent to 0.75 per cent while its easy-access Direct Saver falls from 0.8 per cent to 0.7 per cent.
Savings blow: NS&I is cutting many of its rates on May 1
Income Bonds are set to fall from 1 per cent to 0.75 per cent. This is particularly harsh on pensioners looking to boost their monthly income.
They are the second most popular NS&I product after Premium Bonds, with £13.5 billion held in them.
Sit tight because nearer the time Money Mail will tell you if you should stay or move your money elsewhere.
Even at 0.75 per cent, the cash Isa is not bad in the current climate. The average rate for new savers opening an account elsewhere is just 0.4 per cent.
But a new top rate appeared last week from Paragon Bank at 1.05 per cent, online only.
Other top deals could materialise from new banks and building societies in the next few weeks.
On easy-access accounts, the average rate for new savers is at a record low of 0.15 per cent.
The current top deal comes from French-owned RCI Bank's Freedom account at 1.1 per cent, available online only.
Monthly income-seekers will have a tougher search. Banks and building societies do not always offer to pay interest monthly, rather than annually, on their accounts.
COULD YOU EARN BETTER RETURNS FROM AN INTEREST-PAYING CURRENT ACCOUNT?
If you're fed up with your bank there are plenty of reasons why now is a good time to switch to another provider.
One of the best reasons is that there are a handful of banks which will pay interest on any balance you hold in your account, at rates of up to 5 per cent.
This is Money, has a regularly updated guide to the best offers carefully chosen by its expert writers our guide to the top interest-paying current accounts
Alternatively try This is Money's comparison tool powered by MoneySupermarket to find a better bank.
Most watched Money videos
- Renault 5 EV prototype will look like the 1980s rally car
- Nissan unveils all new Qashqai SUV, made in Sunderland
- Land Rover Defender pulls transporter carrying seven SUVs
- Mercedes announces smart home system to control home from your car
- Land Rover unveils the fastest and most powerful Defender V8 yet
- Nick Train interview: There's plenty to be optimistic about
- 1972 Lamborghini Miura SV sold for 11% above market value
- Porsche's eFuel could dramatically cut CO2 emissions of cars
- Can Scottish Mortgage keep climbing? Tom Slater interview
- Chinese Nio ET7 electric family car costing £60,000
- £3.1m British supercar Gordon Murray T.50S Niki Lauda
- Hyundai develops autonomous vehicle that walks across terrains


text:
Brooklyn Beckham is currently driving round in his £37,000 Mercedes after passing his test.
Brooklyn Beckham has passed his driving test and his first car is better than yours Many people have been criticised his parents Victoria and David Beckham for giving him such an expensive first car, saying that the 17-year-old is spoilt.
But it sounds like Brooklyn doesn’t need to withdraw from the bank of mum and dad because he’s landed a £100,000 deal to appear in phone ads.
Chinese phone company Huawei reportedly filmed the young Beckham on Tuesday for the advert.
‘Huawei went for Brooklyn because he’s young, well-presented and seen as a good role model for kids his age,’ a source told The Sun.
‘He’s got millions of social media followers and this is a good way to engage a load of youngsters.’
Add in his Burberry money, and Brooklyn’s got more than enough dosh to buy his first car, and a few more after that.


text:
States and small businesses shut out of international trade negotiations
MONTPELIER -- A pending international trade deal will affect businesses in Vermont and there's little the state can do about it, lawmakers said Friday.
A new transatlantic trade agreement being secretly negotiated between the U.S. and European Union could challenge state laws and policies ranging from tobacco regulation to GMO labeling to procurement practices and more.
"People don't know enough about it to be upset," Sen. Ginny Lyons, D-Chittenden, said Friday. "And the reason they don't know enough is because there's no transparency to the process."
Lyons was one of several lawmakers from Vermont, Maine and New Hampshire attending an International Trade & the Environment forum on Friday and Saturday in Montpelier. The event was presented by the National Caucus of Environmental Legislators. The goal of some speakers Friday was to raise awareness of how international trade agreements can affect state and local laws.
Brent Raymond, Vermont's international trade director, is privy to only very limited information about the trade agreements and other negotiations made through the World Trade Organization.
He said in an interview Friday that he's conflicted about the prospects of the agreement. He believes global trade can be done well, Raymond said, but he's got serious concerns about this negotiating process.
"I have concerns about big tobacco's influence on TPP (Trans-Pacific Partnership) and WTO," Raymond said. Tobacco companies in the past have sued countries with strict cigarette marketing regulations, claiming the rules have hurt their business.
In addition to tobacco's influence, he's not seeing small businesses in the mix, in spite of the fact that small businesses -- from import/export companies to six person machine shops -- are increasingly competing in the global marketplace.
"I just don't feel like they're adequately represented by the representatives of the U.S. to these discussions," Raymond said. "The larger multinationals weigh in a lot and have a heavy amount of influence."
International trade representatives will hold their fifth round of meetings May 19-23 in Arlington, Va. They'll also take questions and solicit input from stakeholders on the Transatlantic Trade and Investment Partnership (TTIP) between the U.S. and EU. A different international agreement, the Trans-Pacific Partnership (TPP) also is pending. Both are compared to the North Atlantic Free Trade Agreement, but on a much larger scale.
Both negotiations take place in secret.
Maine state Rep. Sharon Treat said she's virtually the only member of the U.S. Trade Representative's Intergovernmental Policy Advisory Committee who continually speaks up about the potential impact of the trade agreements on states.
Treat can comment on trade documents in advance of negotiations, but is not allowed to share them or even seek counsel from subject-matter experts. And the committee is not updated after the negotiating process, so she never knows what's actually being discussed, she said.
This concerns her because international trade agreements have the potential to trump state and local laws. The agreements don't nullify state laws outright, but they open a door for international corporations to challenge state laws as being anti-competitive.
Raymond said, for example, that Vermont's net-metering program could be considered a "subsidy."
A foreign energy company that wants to enter the Vermont market may conclude that net metering constitutes an unfair market restraint. They could sue -- or threaten to sue -- and challenge the state not in U.S. court but in a closed-door international arbitration tribunal.
"So states' rights on a lot of different fronts are potentially at risk," Raymond said. "The problem is we don't know what's being negotiated."
TALK TO US
If you'd like to leave a comment (or a tip or a question) about this story with the editors, please email us. We also welcome letters to the editor for publication; you can do that by filling out our letters form and submitting it to the newsroom.


text:
In the context of: There’s just over a week left of Black Friday and Cyber Monday, which means retailers are getting ready to start (or have already started) their sale sales. Amazon sees billions of dollars worth of purchases during this period, so it’s somewhat surprising to hear the company’s founder and CEO, Jeff Bezos, advise people to be frugal.
In an interview with CNN this week (via The telegraph), Bezos was asked if he thought consumers should “control the vents” in response to the global economic downturn. “My advice to people is to take some risk off the table,” Bezos said. “If you’re an individual and you’re thinking about buying a new big screen TV, maybe slow it down. Keep that money, and see what happens. Same with a new refrigerator or car, whatever.”
Given spiraling inflation, rising energy costs, and constant reports of companies laying off thousands of employees, it’s easy to see Bezos’ point of view. But not everyone may appreciate being asked to spend less money by the world’s fourth-richest person, who has a net worth of $120 billion — though he plans to donate. Mostly away.
Many shoppers are already tightening their bar as the cost of living rises. Coupled with the post-lockdown hangover, the reluctance to cash out on expensive and unnecessary purchases has affected me phone and computer/hardware industries, among others.
With sales events and holidays, the fourth quarter is Amazon’s biggest, but the company lowered its forecast for the fourth quarter to between $140 billion and $148 billion — well below the $155 billion analysts expected — representing growth of between 2 to 8%. Amazon experienced 9% growth over the fourth quarter of last year.
Amazon is tightening its belt. In addition to the company-wide cost cuts being implemented by CEO Andy Jassy, the company plans to lay off 10,000 office workers. That’s just below the Meta of 11,000 employees to leave ofbut more than 3700 Twitter is losing. liftAnd the MicrosoftAnd the popAnd the TeslaAnd the Robinhood They are just some of the other tech companies that have cut staff this year.
The other side of the argument, of course, is that if you’re intent on buying a new TV, graphics card, laptop, or whatever, buying it at a discount during sales makes more sense than spending more later. Just don’t tell Jeff.


text:
Watch brand Longines threw a grand launch for its new PrimaLuna timepiece on February 5 at the Mira Hotel's Whisk venue.11 Mar 2010 - 12:00am
I'll be taking my wedding photos in Taiwan soon. I'm looking for some nice shirts (both light and dark colours). I've tried Sogo and Seibu but they didn't have what I want. I'm looking for shirts which will look fresh and sharp in the pictures - but not over the top - and are not too expensive (under HK$800). Please advise.
Shirtaholic, North Point8 Mar 2009 - 12:00am
Italian hairdressers Marco and Andrea Lucca from Kerastase talk about hair protection:28 Oct 2008 - 12:00am
'Roses are red, violets are blue. Sugar is sweet and so are you.' Valentine's Day greeting
What is the meaning of these 'red nouns'?
1. red alert
a) a special type of fire alarm used in hotels
b) ready to deal with a sudden dangerous situation
2. a red card26 Sep 2008 - 12:00am
Louise Lui, 14
Chinese International School
Jesse Mulcahy, 14
Chinese International School
Andrew Lau, 13
Khushboo Vaswani, 10
PLK Camoes Tan Siu Lin
Henna Samtani, 11
King George V School23 Mar 2008 - 12:00am
A chemical commonly found in hair dye not only leads to allergies but could also cause cancer, China Central Television reported.
The Weekly Quality Report yesterday said about 10 per cent of people who used hair dye containing paraphenylene-diamine (PPD) developed allergies.17 Apr 2006 - 12:00am
Beyond the Blonde
by Kathleen Flynn-Hui
Penguin, $1012 Oct 2005 - 12:00am
A ban on police officers dyeing their hair is still in force despite a High Court decision to quash a reprimand against a senior policewoman who had dyed highlights, the police chief said yesterday.
'Our internal guideline stated clearly that we put great emphasis on officers' appearance,' Police Commissioner Dick Lee Ming-kwai said.6 May 2004 - 12:00am
Pink fluffy poodles have been spotted on the streets of Hong Kong, and CitySeen has discovered the reason behind it. It is a fad driven by a Japanese cartoon character, Afro Ken, who sports a wacky rainbow-coloured hairstyle.25 Sep 2003 - 12:00am
FUNG SHUI is about living in harmony with your environment, and as such can be applied to everything from your furniture to your hair. Yes, you can give your hair the fung shui treatment. According to celebrity fung shui master Peter So Man-fung, wearing certain colours according to your date of birth can boost your luck.15 Jun 2003 - 12:00am
I refer to the report headlined 'Woman officer reprimanded over dyed hair' (South China Morning Post, January 24).29 Jan 2003 - 12:00am
It has been so refreshing to find many young Hong Kong people dyeing their hair reddish brown and even blond, that your article (South China Morning Post, January 24) about the female police officer being reprimanded for dyeing her locks is stupefying.
Why do the authorities think that their law enforcers should not keep up with the times?28 Jan 2003 - 12:00am
A senior woman detective is involved in a dispute over highlights in her hair which she was told to remove.16 Oct 2002 - 12:00am
Cherry/Almond Bark Reconstructive Hair Conditioner ($195) by Aveda from Lane Crawford and counters.
A good shine restorer which also contains antioxidants to help prevent further environmental damage to hair. Locks seem to
be much softer and lighter after use.
Alberto VO5 hot oil ($25.90 for three) from Manning's.4 Sep 2002 - 12:00am


text:
British engineering company Viritech has announced plans to build a hydrogen-fuelled car to show that these cells can outperform EVs.
Maybe you have heard of a supercar, but what is a hypercar? Put simply, they are the highest performing vehicles in the world. Less than one per cent of cars manufactured qualify as hypercars.
The first example was the Lamborghini Miura in 1963, and other limited runs have included the Ferrari LaFerrari, McLaren P1, Porsche 918 Spyder, Koenigsegg One:1 and the Aston Martin Vulcan.
There have been electric hypercars manufactured, including the Lotus Evija, Dendrobium D-1, Nio EP9, Drako GTE and the most well-known of the lot, the Tesla Roadster. But to date, there has only ever been one other hypercar – the Hyperion XP-1.
Viritech has outlined its plans for the hypercar called the Apricale, (pictured) scheduled for release in 2023. This will not be a street-legal vehicle, and it will be sold in a minimal run of 25 cars. It is estimated they will sell for around £1.5 million.
The goal is to put hydro-fuelled vehicles in the headlines and show that they can outperform electric models as a viable option for a sustainable future.
Viritech has developed new hydrogen fuel-cell technology that it claims will beat electric powertrains, and the Apricale will be the technical showcase of their engineering.
The Apricale will feature a super-lightweight graphene composite monocoque frame that will have hydropower storage incorporated. It is all part of a larger plan by Viritech to market its fuel cell technology to companies. This will be used in passenger cars, heavy goods vehicles, boats and aircraft.
At present, there are only three models of this type on the road – the Toyota Mirai, the Hyundai Nexo and the Honda Clarity. Currently these are only available in California in the United States.
That market could change as part of the current hydrogen boom, as the technology has reached a point where these vehicles can be fully charged in just five minutes at any petrol station.


text:
For the uninitiated, the term ‘3D body-mapping’ might conjure up images of futuristic cartographers (which, to be fair, isn’t entirely off the mark). It’s the technology which has helped Sydney-based startup mPort land a reported $80m deal with America’s largest gym chain LA Fitness, secure $12 million in funding from high-net-worth Australian investors and onboard Westfield as a shareholder.
Founded in 2012 by Melody Shiue, Dipra Ray and Andy Wu, mPort enables people to generate a 3D avatar of their body with the aid of an ‘mPod’, a booth that uses non-invasive infra-red technology to map an individual’s body shape by capturing 20,000 data points. People can then access their avatars via the startup’s mobile app, which allows them to visualise and track physical changes in their body shape, including the progress of their fitness input, and otherwise monitor their health.
According to Shiue, mPort’s Chief Design Officer, the startup’s 3D body-mapping platform is “the first product in the world that actually shows you holistically the output of your activities, not just your weight scale (we all know BMI is not the only indicator of health) or the results of your daily step tracker, which you can vigorously shake on your wrist.” Read more
James Harkness – Dynamic Business – 4 Aug 2017


text:
BERLIN, May 9, 2017 /PRNewswire/ -- B20 Summit 2017 was held in Berlin, Germany from May 2 to 3. The Chairman of Jumore, Mr. Lu Hongxiang, attended as the representative of Chinese entrepreneurs.
During this visit, Jumore proposed solutions to the steady and healthy development of globalization infused with oriental wisdom-that is, creating a new platform for enterprises from different countries in their fast participation in globalization and docking of global resources by a business ecosystem covering the whole industry chain. Specifically speaking, Jumore has established cooperation with more than 120 countries by way of internet, and carried out intelligent and ecologicalized integration of global resources in industry and service, fostering opportunities for global cooperation and win-win development.
During the summit, Jumore's Chairman also visited other European countries and Mr. Lu met and had discussions with John Danilovich, Secretary-General of International Chamber of Commerce (ICC); Prof. Dr. Katja Nettesheim, General Manager of Mediate, a German company specializing in digitalization service; Hans, founder of Hans Oppermann Consulting (HOC); Lynnette Magasa, CEO of BONISWA, a South Africa turnkey telecommunications services company; and representatives of Germany Trade & Invest (GTAI), Deutsches Institut fur Normung (DIN) and several other politicians and businessmen. The Jumore model received wide recognition and a number of cooperation agreements were reached while building consensus in the region.
SOURCE Zhejiang Jumore E-commerce Co., Ltd


text:
Somerset, N.J. – September28, 2015 — Catalent Pharma Solutions, the leading global provider of advanced delivery technologies and development solutions for drugs, biologics and consumer health products, today announced that Scott Gunther, Vice President of Quality, Advanced Delivery Technologies, will participate at the upcoming 2015 PDA/FDA Joint Regulatory Conference, to be held at the Renaissance Washington DC Hotel, on September 28th – 30th, 2015.
Mr. Gunther has been invited to speak in the Q&A panel discussion of Session B1, “Effective Corporate Auditing Programs”, on Monday September 28th, 2015 between 2:15 p.m. – 2:45 p.m. The session sees a number of speakers discuss the need to establish an effective auditing program for suppliers, to identify crucial noncompliant issues before they manifest into serious compliance concerns. These events may result in lost manufacturing time or cessation of manufacturing operations, leading to potential drug shortages. An overview of the audit process from the perspectives of both the auditor (client) and auditee (contract provider), will be given to demonstrate how both must be flexible in order to ensure a successful audit outcome.
Scott Gunther joined Catalent in 2012 as Vice President, Quality, and is responsible for all quality operations covering the Modified Release Technology Business Unit within the company. Previously he has held positions at Bristol Myers Squibb, including Executive Director Quality Operations Americas, where he was responsible for quality operations covering the United States, Puerto Rico, and Latin America.He holds a BS in Industrial Technology from the State University of New York College, Buffalo, and a MBA from Canisius College.
For more information on the 2015 PDA/FDA Joint Regulatory Conference Conference, visit: www.pda.org/conference/2015-pda-fda-joint-regulatory-conference/home and to arrange a meeting with Mr. Gunther, contact Richard Kerns at NEPR- firstname.lastname@example.org .
Catalent is the leading global provider of advanced delivery technologies and development solutions for drugs, biologics and consumer health products. With over 80 years serving the industry, Catalent has proven expertise in bringing more customer products to market faster, enhancing product performance and ensuring reliable clinical and commercial product supply. Catalent employs approximately 8,700 people, including over 1,000 scientists, at 31 facilities across 5 continents, and in fiscal 2015 generated more than $1.8 billion in annual revenue. Catalent is headquartered in Somerset, N.J. For more information, visit www.catalent.com


text:
Howe & Rusling Inc. lifted its holdings in shares of Starbucks Co. (NASDAQ:SBUX) by 388.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,997 shares of the coffee company’s stock after buying an additional 4,770 shares during the period. Howe & Rusling Inc.’s holdings in Starbucks were worth $446,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of SBUX. Kistler Tiffany Companies LLC lifted its position in Starbucks by 1.5% in the first quarter. Kistler Tiffany Companies LLC now owns 9,461 shares of the coffee company’s stock worth $703,000 after purchasing an additional 142 shares during the period. Orrstown Financial Services Inc. lifted its position in Starbucks by 1.2% in the first quarter. Orrstown Financial Services Inc. now owns 12,844 shares of the coffee company’s stock worth $955,000 after purchasing an additional 147 shares during the period. Gardiner Nancy B lifted its position in Starbucks by 2.8% in the fourth quarter. Gardiner Nancy B now owns 5,700 shares of the coffee company’s stock worth $367,000 after purchasing an additional 156 shares during the period. Old North State Trust LLC lifted its position in Starbucks by 20.6% in the first quarter. Old North State Trust LLC now owns 991 shares of the coffee company’s stock worth $73,000 after purchasing an additional 169 shares during the period. Finally, Tiemann Investment Advisors LLC lifted its position in Starbucks by 3.5% in the fourth quarter. Tiemann Investment Advisors LLC now owns 5,160 shares of the coffee company’s stock worth $332,000 after purchasing an additional 175 shares during the period. Institutional investors and hedge funds own 75.37% of the company’s stock.
In other Starbucks news, insider John Culver sold 63,937 shares of the business’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $78.04, for a total transaction of $4,989,643.48. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.98% of the stock is owned by insiders.
Starbucks (NASDAQ:SBUX) last announced its earnings results on Thursday, April 25th. The coffee company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.04. Starbucks had a net margin of 11.87% and a negative return on equity of 494.61%. The company had revenue of $6.31 billion for the quarter, compared to the consensus estimate of $6.33 billion. During the same period in the previous year, the business earned $0.53 EPS. The company’s revenue was up 4.5% on a year-over-year basis. On average, sell-side analysts forecast that Starbucks Co. will post 2.78 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Thursday, May 9th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.86%. The ex-dividend date is Wednesday, May 8th. Starbucks’s dividend payout ratio (DPR) is currently 59.50%.
A number of brokerages have recently commented on SBUX. Wells Fargo & Co downgraded Starbucks from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $83.00 to $80.00 in a research report on Friday, April 26th. They noted that the move was a valuation call. BMO Capital Markets increased their price objective on Starbucks from $60.00 to $70.00 and gave the company a “market perform” rating in a research report on Friday, April 26th. Wedbush reiterated a “hold” rating and set a $70.00 price objective on shares of Starbucks in a research report on Thursday, April 18th. Oppenheimer reiterated an “outperform” rating and set a $72.00 price objective (up previously from $70.00) on shares of Starbucks in a research report on Friday, January 25th. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $80.00 price objective (up previously from $70.00) on shares of Starbucks in a research report on Monday, May 6th. One analyst has rated the stock with a sell rating, twelve have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $73.88.
ILLEGAL ACTIVITY NOTICE: This piece was originally published by Baseball Daily News and is owned by of Baseball Daily News. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.baseballdailydigest.com/news/2019/05/23/howe-rusling-inc-buys-4770-shares-of-starbucks-co-sbux.html.
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development. Its stores offer coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink beverages, iced tea, and food and snacks; and various food products, such as pastries, breakfast sandwiches, and lunch items.
Featured Story: What is a resistance level?
Want to see what other hedge funds are holding SBUX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starbucks Co. (NASDAQ:SBUX).
Receive News & Ratings for Starbucks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starbucks and related companies with MarketBeat.com's FREE daily email newsletter.


text:
Apple A17 chip running score is exposed single-core performance increased by 59%
With the passage of time, there are more and more news about the iPhone 15 series, including the A17 chip with a 3nm process, the entire series of smart islands, and the use of USB-C interfaces for the entire series, etc.
According to the latest news, a blogger has shared a GeekBench 6 running score data, and said that this is the running score of the Apple A17 chip, but the blogger then deleted the running score data, so the authenticity of this data Sex can only be a question mark.
According to the picture, this suspected A17 chip has a single-core running score of 3986 points and a multi-core running score of 8841 points, which is almost the result of a MacBook.
Compared with the A16 chip (iPhone 14 Pro Max)'s single-core running score of 2493 points and multi-core running score of 6173 points.
According to previous revelations, Apple’s A17 chip is based on TSMC’s first-generation 3nm process and has a 6-core CPU and 5-core GPU, but this chip is expected to be available only in the iPhone 15 Pro series, and the iPhone 15 is expected to be equipped with an A16 chip.


text:
Don’t park here: Instead seek out the reduced parking fees at five of the city’s downtown garages. MD PHOTO
Dubbed Park on Us, the program offers one hour of free parking and a second hour for $1 at the designated garages for patrons who have their parking stubs validated at any of the nearly 80 downtown businesses participating. Those include several restaurants, retail stores, service businesses and cultural establishments. The Downtown Committee and city of Syracuse will be jointly marketing this pilot program, with the intent to encourage short-term, off-street parking.
The five city garages designated for the program are: Washington Street Garage, corner of West and Washington streets; HSBC Bank Garage, corner of West Jefferson and South Warren streets; Fayette Street Garage, corner of Montgomery and East Fayette streets; AXA Garage, corner of Harrison and Montgomery streets; Harrison Street Garage, corner of Harrison Street and Harrison Place.
“While on-street parking spaces are always at a premium, we have ample space in our garages,” noted Driscoll. “This is a creative way for downtown visitors to begin using convenient first-floor spaces in city parking garages and it gives downtown merchants a way to reward their customers.”


text:
Business leaders in Davos, traditionally the high priests of globalization, are talking up the benefits of local production this week to shield themselves from criticism from incoming U.S. President Donald Trump.
Elected on a jobs-focused “America First” platform, Trump has taken to Twitter to rebuke major companies like General Motors, Lockheed Martin and United Technologies, either for making goods in Mexico or for the price of their products.
At this week’s World Economic Forum (WEF), a gathering of business and political elites in the Swiss Alps synonymous with free markets, company bosses said they were now preparing to adjust to the Trump era.
“The basic message is to be more national, don’t just be global,” Richard Edelman, CEO of communications marketing firm Edelman, told Reuters. “Let’s try and pre-empt that tweet by having a long-term discussion about the supply chain.”
General Motors on Tuesday highlighted moves it said would add nearly 2,000 U.S. manufacturing jobs, including a decision to shift some production of axles to an American factory, rather than have them supplied from Mexico. The automaker said it wanted to “build where we sell”.
“There is no doubt we need to adapt,” Carlos Ghosn, chief executive of Renault-Nissan, told Reuters. “All carmakers have to revise their strategy as a function of what is coming.”
At the same time, companies are reviewing potential mergers and rethinking job cuts, fearing the stigma of being labelled “anti-American”.
What companies have yet to spell out is the economic cost of such shifts or the extent of localisation that will be needed to keep the peace with the new White House administration.
Adding to the incentive to increase U.S. manufacturing is the promise of lower corporate taxes under the Trump administration.
“It could mean increased investment in the U.S.,” Novartis CEO Joe Jimenez told Reuters.
Vishal Sikka, chief executive of Infosys, which provides IT services to large companies including banks, said his company expected more business from helping companies localise.
“The irony is that when more walls show up it is a good opportunity for services companies to help do business across those walls,” he said.
The move to go local in response to Trump looks set to fuel a trend already evident in some industries, including food and fashion, which are trying to tap into consumer demand for homegrown materials and production.
Other businesses are also thinking locally to mitigate currency risks in certain markets. Food companies in Britain, for example, which have seen their costs soar after sterling plummeted in the wake of the Brexit vote, have started moving towards local suppliers where possible to keep costs down.
In some cases, technological advances are helping by making it easier for companies to shorten their supply lines.
“With 3D printing, for example, some of the supply chain will reshore and come back to the local economies,” said Frans van Houten, CEO of Dutch healthcare technology group Philips. “I think we will see supply chains becoming more regional.”
Such tech-fuelled localisation may be a competitive advantage for multinational companies in a world of increasing geopolitical uncertainty, but it brings fresh challenges for developing economies which could lose out as jobs return to richer countries like the United States.
Martin Sorrell, chief executive of WPP, the world’s largest advertising agency, said U.S. growth could come at the cost of nations elsewhere.
“The issue on Trump is what you win on the U.S. swings, you may lose on the international roundabouts,” he said.
By Elizabeth Piper; Writing by Carmel Crimmins; Editing by Pravin Char


text:
By now, every techie under the sun knows that Apple(AAPL) CEO Steve Jobs has issues with Adobe(ADBE) and its Flash software.
Some of the highlights of the Apple leader's open letter on Flash include how its performance, reliability and security are all shoddy. All are reasons that Apple has decided not to support Flash on the iPad, iPhone and iPod touch.
But a recent survey of Apple iPad users indicates that Steve Jobs may have missed the mark when it comes to his Apple customers and Adobe Flash. According to ChangeWave research, the top complaint among the first Apple iPad owners is the lack of Flash capability on the Apple device.


text:
Destiny is on its way to becoming Activision’s next billion dollar franchise, with the company recently announcing that the game sold more $500 million in day one sales. In a press release statement from Activision, CEO Bobby Kotick addresses the early milestone for Destiny.
“Based on extraordinary audience demand, retail and first party orders worldwide have exceeded $500 million. This industry milestone marks another blockbuster success for our company and demonstrates our unique ability to create some of the most successful entertainment franchises in the world. The success of Destiny, along with the recent introduction of Blizzard Entertainment’s Hearthstone, is further validation of our unique capabilities to create great entertainment franchises from the ground up.”
“Destiny is officially the biggest new franchise launch in our industry’s history. It’s also the highest selling day one digital console release in history. We have more confidence than ever that Destiny will become one of the iconic franchises of this generation,” adds Activision Publishing CEO Eric Hirshberg.
There’s no doubt that Destiny has sold well thus far, but just how well the game has been received is still anyone’s guess. Metacritic has yet to publish a single professional review for Bungie’s shooter, but user scores for the game have been a mixed bag, users polarized by the game either rating it a 10 out of 10 or a 0 out of 10.


text:
| Gold Prices in 1 Year
Gold hit an all time high on Tuesday, climbing past the US$1750 per ounce, up US$150 from $1600 when we blogged on this subject just three weeks ago. This sharp rise has attributed from the fears of rising inflation and the debt crisis in Europe. Gold is traditionally seen as the ultimate "safe-haven" commodity, with investors snapping it up during periods of uncertainty.
How will this affect consumers? Well, according to an article reported early 2011 in www.jewellerynetasia.com
"the increase in the cost of gold has meant that many jewellery manufacturers have reduced either the amount of gold or diamonds, or both, they use in their products, in a bid to maintain price points."
"We have seen clients putting in demands for smaller diamonds of lower qualities," said one diamond company executive. "That is clearly a result of the need to cut costs. It is obvious that rising gold prices are forcing a change in the composition of jewellery. We have seen some downsizing in the diamonds being requested."
This is unfortunate, because low quality diamonds have no brilliance and therefore should be avoided at all costs. It may be cheaper now but in the long run it will prove to be a false economy. There has been a huge decrease in gold jewellery sales in USA, Europe and Australia; and as a result jewellers who want to survive are constantly needing to reinvent themselves.
For engagement and wedding rings, gold will still be the preferred metal. Gold will always have a selling value.
In fashion jewellery, the latest consumer trend, based on our observations from the last few international jewellery fairs, is the use of other metals instead of gold: Silver, stainless steel, tungsten, titanium wood, sea shells and plastic have become more fashionable out of necessity.
For ladies fashion jewellery, silver is the metal of choice. Silver has becoming more fashionable and is much cheaper than gold jewellery. Silver, with the same look as white gold, is another reason that makes silver more desirable.
We have seen this trend and we have progressively introduced a range of Miabelle silver jewellery last year with much success and we will be launching a new line of silver jewellery featuring coloured stones of Amethyst, Lemon and Smoky Quartz, White and Yellow Sapphire, Kunzite and Blue Topaz.
Next time when you want to buy quality fashion jewellery, give silver a look.
For those who want to know "Why does the price of gold keep rising?" click here


text:
British touts are cashing in on the World Cup with a multi-million pound black market racket using officially designated tickets, the Mirror can reveal today.
Our undercover reporter was able to buy two prized tickets for tomorrow’s England game against Italy at four times their face value – even though they were from a batch specially issued to the Football Association.
An official inquiry was under way last night into how the “not-for-resale” tickets fell into the hands of convicted fraudster David Spanton.
The Mirror infiltrated ex-jailbird Spanton’s City Ticket Service outfit, which boasts of having hundreds available for dozens of World Cup games.
During a series of phone calls and meetings at London hotels, Spanton and his associates boasted of links with FIFA officials and top Premier League footballers.
They bragged of being able to provide access to lavish corporate hospitality at stadiums in Brazil to businessmen for whom “money is no object”.
Our revelations will infuriate loyal fans unable to buy tickets to England’s sell-out opening game in Manaus.
Spanton brazenly claimed he could provide tickets to the team’s games in Brazil, including exclusive corporate packages, even though selling World Cup tickets without authorisation is against the law.
His sidekick, Roger Leigh, said: “With the hospitality, they are VIP seats. With that straight away you get the best seats without any argument. There’s a big difference in the price.”
He added: “I have an in with FIFA and I have to give them a quick answer because it’s very difficult to get the top hospitality.”
Leigh claimed he could provide FIFA’s top corporate hospitality tickets for up to £2,000 a ticket, including unlimited champagne and a silver service buffet.
Spanton illegally sold our reporter luxury corporate hospitality tickets to last month’s England v Peru warm-up friendly at Wembley for £395 each.
After a number of phone calls, he agreed to meet our investigator at a luxury London hotel where he boasted of knowing “a few Arsenal players”.
Over drinks, Spanton told our investigator: “Yes we have seats. It’s the official FIFA hospitality. They are all Category One seats.”
Spanton, 44, then arranged for Leigh to call us with prices for corporate
hospitality seats, just days before he jetted off to Brazil.
He claimed he could also obtain passes to the players’ lounge at Wembley for the Community Shield match in August, where his clients could rub shoulders with Arsenal and Manchester City players.
He then showed our reporter two top-priced Category One seats for tomorrow night’s England match.
He demanded £950 for the pair. They originally cost the FA £104 each. We later handed over the cash to Spanton’s runner.
The tickets were part of a special allocation issued to members of the “PMA Football Community” – which includes all FIFA affiliated football associations such as the FA.
FIFA rules allow the FA and their Italian counterparts to buy up to 700 tickets for tomorrow’s game to give to their own “officials, friends, family, guests, staff or sponsors”.
But it warns there are “restrictions on re-sales and commercial use”.
An FA spokesman said last night: “We are enquiring as to the validity and source of these tickets and take extremely seriously any violation of rules in relation to the transfer of tickets.”
He added: “We strongly advise any fans to not purchase tickets from touts or unauthorised sources. Tickets should only ever be bought through official channels.”
Last week, FIFA launched a campaign against touts, insisting that the “only legitimate source of tickets is www.FIFA.com”. It said: “FIFA cancels tickets discovered as illegally sold.” It also warned that fans who buy them risk being refused entry to the games.
Last night the City Ticket Agency’s website, thelondonticketagency.com, was still openly offering tickets to virtually every World Cup game.
The best Category One tickets for all the initial rounds of group games were advertised on the website for up to £1,495 each – more than 14 times the £104 face value. The website also claims to have tickets for the World Cup final – with a face value of £589 – available for £3,750.
MP Sharon Hodgson, of the All-Party Parliamentary Group on Ticket Abuse, said: “It’s wrong that the people who have privileged access to these once-in-a-lifetime tickets are profiting from the black market and the desperation of ordinary Three Lions fans to cheer on their team in Brazil.
“I welcome the fact that the FA are now investigating this matter, and I am sure that the police will also be interested in it.”
She added: “The FA needs to act quickly to identify and name the culprits, and then make sure that they never get any more tickets.”
Ticket fraud expert Reg Walker, from the Iridium Consultancy, said: “It is very disturbing to see ticket touts and convicted fraudsters acquiring tickets allocated to the FA.
“But we’ve long known that well-connected touts are able to get their hands on prime tickets that are never within the reach of ordinary fans.”
A Scotland Yard report leaked to the Mirror last year warned that organised gangs were getting tickets from corrupt officials in sporting bodies in a black market trade worth £40million a year.
It said there was a “policing void” and accused politicians of failing to tackle the rampant ticket touting industry.
Divorced father-of-two Spanton, from East London, has been jailed twice for ticket offences and made bankrupt on two occasions. He has long track record of illegally selling World Cup tickets – and ripping off fans.
His firm, Great Portland Entertainments, was shut down just one week before the France 98 tournament owing £2.5 million after taking orders for more than 38,000 tickets.
Challenged by Government officials over whether he could actually supply the tickets, Spanton fled to the Hilton hotel in Paris.
He said later he had been let down by his supplier, which he claimed was the Cameroonian FA.
Sentencing him to six months in prison, Judge Deva Pillai told him: “You are, by your own admission, a liar and in my judgement singularly lacking the moral courage to take responsibility for your actions.”
Spanton was banned from acting as a director for 10 years and made bankrupt but was caught running another firm, The London Ticket Brokerage, in 2009 and illegally selling football tickets to games at Wembley.
The company was shut down by the High Court owing £370,000 and Spanton failed to explain to investigators what happened to more than £380,000 that was taken out of the firm in cash.
He was disqualified as a director a second time and given a 15-year ban before setting up ticketindex.net.
That firm went bust in 2012 owing £4million and Spanton was jailed for 22 months for money laundering and acting as a director while disqualified.
World cup organiser FIFA has been engulfed in ticketing scandals in the past. FIFA vice-president Jack Warner’s family made at least £500,000 profit selling tickets to the 2006 World Cup.


text:
Trending Tech News
Harvard expert ‘makes trouble’ for Mark Zuckerberg’s meta layoffs: Email layoffs ‘absolutely horrible’CNBC
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.


text:
With a surprising last-minute surge, the Dow Jones Industrial Average and S&P 500 finished at record highs on Friday, extending the 11th straight session-ending record for the Dow. The Dow ended up 0.96% for the week with the S&P 500 not far behind with its own 0.69% gain. However, some companies made news this past week, so without further ado, here are some of the markets' biggest moves and headlines.
Finally moving past scandal?
If you remember about a year ago, the Centers for Disease Control and Prevention let the world know that consumers who had purchased the China-produced flooring from Lumber Liquidators Holdings (NYSE:LL) were roughly three times more likely to fall ill with cancer. That rate was much higher than earlier calculations following the 2015 broadcast by CBS' 60 Minutes. The stock shed much of its value since the 2015 airing, but rebounded 17% on Tuesday after it reported a narrower-than-expected loss during the fourth quarter, offering investors a slight amount of hope going forward.
Looking at the results, company revenue was up 4.3%, to $245 million during the fourth-quarter, and a 2.8% sales gain from comparable-store sales. Net loss for the fourth quarter was $5.5 million, or $0.20 per diluted share, compared to a much worse $19.8 million, or $0.73 per-share loss during the prior year's fourth quarter. Those results topped analysts' estimates of $242.2 million in revenue and a loss of $0.31 per share.
"While this represents a further step in the right direction, we remain focused on improving our business to drive long-term value for Lumber Liquidators shareholders. Our recent investment in a broader, trend-right assortment supported by deeper inventory reflects our commitment to serve our customers," said Dennis Knowles, Chief Executive Officer of Lumber Liquidators, in a press release.
Knowles is right. This is certainly a step in the right direction after more than a year with very few bright spots, but it still has an incredible distance to convince consumers the scandal is behind the company, and to convince investors it can get anywhere near its previous high of nearly $120 per share.
Chicken and burgers
While chicken and burgers might not sound like a match made in heaven for dinner, it could be tasty for investors in Restaurant Brands International (NYSE:QSR). The parent company of Burger King agreed to purchase Popeyes Louisiana Kitchen Inc. (NASDAQ:PLKI).
Looking at the details, Restaurant Brands agreed to acquire Popeyes for $79 per share in cash, or roughly $1.8 billion. That was roughly a 21% premium to the closing price on Feb. 10, 2017, when rumors of the potential acquisition first started flying.
After the acquisition announcement, Popeyes reported its fourth-quarter results on Wednesday, with the company slightly beating estimates on both the top and bottom lines, but facing some pressure on comparable-store sales. The fast-food chicken chain posted revenue of $61 million during the fourth quarter, which was also a bit higher than analysts' estimates that called for $59.9 million. Its adjusted earnings per share hit $0.48, ahead of analysts' estimates of $0.46 per share.
Looking forward, it sounds as if Popeyes, operating roughly 2,600 locations in the U.S. and 25 other countries, will essentially operate independently, while taking advantage of the global scale and resources of its new parent company, Restaurant Brands. How much that really helps investors of Popeyes is yet to be seen.
Will they, or won't they?
In one of the bigger moves the automotive industry has seen in recent years, General Motors (NYSE:GM) had previously been reported to be in advanced talks with PSA Group to sell its long-struggling and unprofitable European operations. Both groups agreed to be in talks last week, but it appears there might be a little snag: pensions.
GM's pension plan for Opel and Vauxhall retirees is underfunded by roughly $9 billion, which is essentially an obligation almost the size of General Motors' total automotive debt, which sits at $10.8 billion. On one hand, PSA Group wants nothing to do with that massive obligation, and understandably, GM is saying it wants no part in an obligation of a business it's about to sell.
"Pensions are one of the reasons that, if you're PSA, you don't want to do the deal," David Whiston, an auto analyst with Morningstar, told Automotive News. "There may be a way to get it done if GM keeps the obligation but PSA gives them cash."
This development is a big deal for both companies because GM is fed up with its European operation, which has lost money since 1999 to the tune of more than $20 billion. This potential sale gives GM, depending on the outcome of pension negotiations, a clean exit out of Europe and a way to focus capital on other forward-looking strategies, such as autonomous vehicles.
For PSA Group, this offers at least $1 billion in annual cost savings by combining the operations, according to sources familiar with negotiations per Automotive News. We'll see how this all shakes out, but chances are the pension negotiations will be an ongoing saga for a while longer.


text:
In sectors like food service and retail, where front-line employees work hourly and customer traffic is highly variable, the conflict between businesses’ need for flexible staffing and employees’ desire for predictable hours and incomes has led to increased labor activism and efforts to regulate variable scheduling. Even though most employees with variable schedules don’t have a problem with them, they can be a hardship for low-income employees struggling to make ends meet, or parents trying to schedule around the needs of their children. The controversy has led to some major retailers dropping the practice of “on-call” scheduling.
Fortunately, a growing number of technological solutions are coming to market to help organizations set and communicate schedules in ways that are more predictable and less disruptive to their employees. The latest of these is a startup called Legion, which recently raised $10.5 million in funding for its platform. Founder Sanish Mondkar tells TechCrunch’s Matthew Lynley that he hopes to use big data to crack the challenge of intelligent scheduling once and for all:
The startup uses large amounts of data, all the way down to the weather near a store, to try to predict how busy it will be and how to intelligently staff that store and prepare for the foot traffic. It also works to sort out the best possible schedule for each employee, whether they want to work a regular shift at the same hours or vary from week to week and trade shifts a lot. The company is rolling out with Philz, one of Silicon Valley’s favorite coffee projects, to try to prove out such a concept. …
Legion’s goal at the end of the day is to try to accurately predict traffic and labor forecasts, helping each employee find the slot that fits them best for the schedule and lifestyle they want. By starting there, Mondkar wants to try to help employees feel better about their jobs and their lives — which, in the end, helps them be happier at their jobs and deliver a better experience to customers. While there may have been some stabs at intelligent scheduling, it’s largely been on the managers to spend the nearly dozen hours to ensure that everyone gets what they want.


text:
Pro-Palestinian Protesters Storm New York City Shopping Mall
Anti-war protesters stormed a high-end luxury shopping mall in New York City. The group rampaged through Columbus Circle Mall as stores locked their doors with shoppers inside for their safety. Christmas-shopping season is in full swing but repeated protests are causing chaos across the U.S. It's feared the threat of disruptions will drive more shoppers online. Inside Edition’s Ann Mercogliano has more.


text:
If you’ve ever tried to find a show or movie for free online through Google — we know you would never — you’ve probably seen a note saying that some of the search results have been removed. Google can take down search results for pirate websites under the US Digital Millennium Copyright Act (DMCA). While this is common, Google recently has taken its DMCA compliance to a new level.
Last month, TorrentFreak said it uncovered information suggesting that Google’s search content policy could extend to users’ privately saved links. Digging into private collections is a more invasive action in comparison to removing general search results. The more personal “moderation” could generate backlash from users.
Google didn’t immediately respond to a request for comment.
TorrentFreak cited an email shared by software developer Eddie Roosenmaallen. Google notified Roosenmallen that it had removed a saved item from one of his collections for violating the search engine’s policy. The item in question was katcr.co, a torrent site.
TorrentFreak tried to save URLs that were removed from the search engine like audio downloading site Yout.com and torrent site 1337x.to. Since the takedown rules only apply to URLs, pirate domains can create a new website that users can save. In the last nine months, Torrent Freak said Google Search requested the removal of one billion pirate links. Piracy is a pervasive problem across the internet.
When you visit a website through the Google app, you can tap a little bookmark icon next to the URL. This will save it to your Favorite pages by default, but you can tap Edit to create collections and organize your saved URLs. To access your saved content, open the Google app and tap the Saved icon in the bottom right corner.


text:
Apr 25, 2018 05:04 PM IST
BAIC Group's announcement at the Beijing auto show, the industry's biggest sales event of the year, came as Nissan unveiled its first electric car designed for China while General Motors displayed Buick SUV it says can go 600 kilometres on one charge.
- Mar 23, 2018 05:35 PM IST
Japan's No. 2 automaker and its rivals are planning to crank up development and production of electric cars in response to tightening emissions regulations around the world, even as demand for such vehicles remains limited due to their high cost and limited charging infrastructure.
- Mar 22, 2018 07:40 PM IST
Munich-based BMW unveiled its first battery electric car in 2013, and has been working on different generations of battery, software and electric motor technology since then.
- Feb 21, 2018 08:21 AM IST
The minister said the government wants to encourage adoption of electric mobility by changing people's mindsets and cooperation of the automobile industry.
- Feb 07, 2018 01:17 PM IST
A person familiar with the matter said the new potential partnership is about looking at the possibility of supplying all-electric battery car models for Didi's new service.
- Nov 17, 2017 11:21 AM IST
Hubertus Troska, head of Daimler's greater China operations, told reporters that the investment was part of Daimler's previously announced 10 billion euros ($11.8 billion) global green car initiative.
- Oct 23, 2017 04:10 PM IST
Tenders to procure 10,000 high-performance electric cars have already been announced, and the government is expected to invite bids for 50,000 electric three-wheelers from the original equipment manufacturers by the end of this year.
- Sep 13, 2017 08:21 AM IST
The driver's "overreliance" on the Tesla system -- designed as a semi-autonomous diving system to be used with a human operator -- permitted "prolonged disengagement" that led to the collision with the freight trailer, the National Transportation Safety Board report said.
- Aug 12, 2017 01:41 PM IST
Those robust returns, however, have shrunk as a strong reservoir of cash ready to deploy in the riskiest areas of the high-yield fixed income market has pushed them to near their lowest levels in three years. That has given junk-rated issuers such as Elon Musk's U.S. car company the opportunity to raise cash cheaply.
- Aug 08, 2017 07:35 AM IST
The debt offering marks Tesla's debut in the junk-bond market and the company will start road-shows on Monday, IFR reported, citing lead bankers on the deal.
- Jul 25, 2017 08:28 AM IST
Current electric vehicles (EVs) typically have a range of just 300-400 kilometres (185-250 miles) and need 20-30 minutes to recharge even using fast chargers. By using all-solid-state batteries, which can store more energy and can recharge more quickly than lithium ion batteries, Japan's top automaker would be removing the two key shortcomings associated with EVs today.
- May 23, 2017 03:47 PM IST
The government responded to apprehensions expressed by Tesla founder Elon Musk that the company would have to source a certain percentage of local components to set up plant here.
- May 03, 2017 03:32 PM IST
Mahindra's exit from the UK comes less than a year after it launched the e2o car in a market it considered a launch-pad for selling electric cars in Europe, especially to countries like Norway, Sweden and the Netherlands.
- Apr 02, 2017 12:33 PM IST
The government has withdrawn incentives given to mild hybrid vehicles under FAME India scheme, impacting the country's largest carmaker Maruti Suzuki India the most.
- Feb 27, 2017 05:54 PM IST
automotive design firm Pininfarina has inked a pact worth 65
million euros (around Rs 460 crore) with Hong-Kong listed
Hybrid Kinetic Group for developing an electric car.
- Feb 24, 2017 10:52 AM IST
Tesla Inc Chief Elon Musk has taken big risks repeatedly since going public in 2010, but investors were spooked on Thursday after he said the electric car company could get "close to the edge" as it burns cash ahead of its crucial Model 3 launch.
- Feb 08, 2017 04:18 PM IST
"Hoping for summer this year," Musk tweeted in a reply to a query on by when Tesla could launch its vehicles in India.
- Dec 22, 2016 03:27 PM IST
Ride-hailing service Uber Technologies launched in Madrid on Thursday its first fleet of electric cars.
- Nov 17, 2016 08:02 AM IST
The automaker, owned by India's Tata Motors, unveiled the all-electric Jaguar I-PACE Concept SUV at the Los Angeles Auto Show.
- Nov 15, 2016 07:22 PM IST
Scheduled for production in next year, the all-electric battery-powered Jaguar SUV is expected to hit the roads towards the end of 2018.
- Jul 16, 2016 05:08 PM IST
Gadkari visited the Tesla factory near San Francisco yesterday and offered to promote joint ventures between the firm and Indian automobile companies with a view to introducing pollution-free road transport in India.
- Jul 15, 2016 05:08 PM IST
The South Korean company said that the move is aimed at strengthening its burgeoning semiconductor business for vehicles.
- Apr 28, 2016 07:38 AM IST
Car buyers will receive USD 4,500 when they choose a purely electric vehicle and 3,000 euros for a plug-in hybrid, with the cost shared 50-50 between the public purse and car makers.
- Apr 17, 2016 07:19 PM IST
Having launched its electric car 'e2o' in the UK, Indian auto major Mahindra & Mahindra (M&M) is now keen to drive into other advanced European markets including Sweden and Norway as part of its business expansion plans for this new vehicle segment.
- Dec 21, 2015 07:11 PM IST
"Europe is a very interesting space for us, we are looking at launching our products sometime in calendar year 2016 in European market," Mahindra Reva Electric Vehicles Pvt Ltd Vice President (Sales and Marketing) Jagan Kurian told reporters.


text:
Worldwide Leader in Cosmetics Commemorates 100th Anniversary by Giving Back Around the Globe
NEW YORK, June 4 /PRNewswire/ -- From a single product to an international family of beauty brands, L'Oreal, the worldwide leader in cosmetics, has led the beauty industry for the past 100 years with a rich history of innovation, product development and corporate responsibility. In an effort to look beyond economic success and make a positive contribution to the consumers and communities it serves, L'Oreal celebrates its centennial by supporting "generosity projects" aimed at helping those less fortunate, in more than 60 countries.
Today, across the US, 3,000 plus L'Oreal employees are rolling up their sleeves and providing over 12,000 hours of volunteer service in their communities. From helping unemployed adults prepare to re-enter the workforce and building children's bicycles, to playing bingo with seniors and caring for sheltered pets, L'Oreal employees are working together and dedicating their time and talent toward the common goal of making their local communities more beautiful.
"At L'Oreal, we believe that sustainable growth can only be achieved when you act as a responsible corporate citizen," said Laurent Attal, President and CEO, L'Oreal USA. "As a citizen of the world, we support projects that serve the wider community and which reflect the values we have upheld for almost a century."
L'Oreal has been working since 1909 to make beauty an accessible reality, developing products that meet the cultural preferences and beauty needs around the globe. Today, L'Oreal operates in more than 130 countries, markets more than 80,000 products across 23 leading beauty brands, develops more than 5,000 new formulas each year, and, in 2008 alone, filed 628 patents.
"The quest for beauty is an instinctive and fundamental human need," continued Mr. Attal. "For the past 100 years, it has been our mission to give women and men, the tools they need to enhance their beauty and well-being, and we will continue to do so as we look towards the next century."
L'Oreal is a worldwide leader in the cosmetics industry, developing innovative products to meet the diverse needs of consumers in 130 countries worldwide. With annual consolidated sales in 2008 of euro 17.542 billion, the company employs more than 67,500 people in 62 countries and manufactures 4.6 billion products in 42 industrial plants around the world. The prestigious portfolio of leading personal care products brands are developed by scientists in the company's 16 research & development centers around the world and includes: L'Oreal Paris, Garnier, Maybelline New York, SoftSheen-Carson, Lancome, Giorgio Armani, Shu Uemura, Yves Saint Laurent Beaute, Viktor & Rolf, Diesel, Cacharel, Kiehl's Since 1851, Ralph Lauren, Biotherm, L'Oreal Professionnel, Kerastase, Redken 5th Avenue NYC, Matrix, Logics, Mizani, PureOlogy, Vichy, La Roche-Posay, Sanoflore, Dermablend, SkinCeuticals and The Body Shop.


text:
Toyota confirm withdrawal from F1
The world’s biggest car manufacturer has today confirmed that they will no longer take part in Formula 1 as of immediate effect due to financial reasons. The move comes just 11 months after both Honda and BMW withdrew their teams for the same reasons.
The Japanese car company seem to have been badly affected by the global financial crisis; Subaru, Suzuki and Kawasaki have all pulled out of their respective motorsports this year and also Bridgestone have announced they will no longer be providing tyres for the F1 cars after next season.
A statement from Toyota said "Toyota Motor Corporation (TMC) which had viewed its participation in F1 as contributing to the prosperity of automotive culture, remained dedicated to competing at the pinnacle of motor sports, even in the face of the abrupt economic changes that started last year.”
The news sees three drivers; Jarno Trulli, Timo Glock and Kamui Kobayashi in the same position as Jenson Button found himself in last year when Honda pulled out of F1 and only three manufacturers remain in Formula 1 – Ferrari, Mercedes and Renault.


text:
On September 20th, Nintendo Switch owners will finally be able to get their hands on one of the platform’s most anticipated titles: Fire Emblem Warriors. Preceding launch, Nintendo has already shown off a roster of 21+ characters from past Fire Emblem titles. As with Hyrule Warriors before it, Nintendo and Koei Tecmo aren’t stopping with just the core game. In fact, they have already revealed a Season Pass!
Nintendo recently gave the first details concerning the Fire Emblem Warriors Season Pass. The Season Pass will include the games
first three DLC packs, each set to release in the next few months. These packs will each include new characters and weapons from a featured game. The Season Pass for Nintendo Switch or 3DS will be $19.99 and include a bonus Bride costume for Marth Lucina.
- Fates (December 2017)
- Shadow Dragon (February 2018)
- Awakening (March 2018)
When purchased separately, each booster pack will cost $8.99.
Fire Emblem Warriors will launch September 20th for Nintendo Switch and New Nintendo 3DS.


text:
Bailey's gym members collect 'treasure' trove of shoes and socks for homeless
Alonzo Maples and Dwight Cobbs had more than a passing appreciation for the 2,000 or so donated pairs of shoes and socks they helped load into a City Rescue Mission truck Monday.
Maples, 70, and Cobbs, 59, are students in the Jacksonville mission's LifeBuilders addiction-recovery program. They have lived on the street. They have been in the kind of dire straits where owning shoes is not a guarantee.
"It's hard," Maples said. "It hurts."
Cobbs added, "Especially if you're walking around on concrete."
The shoes and socks were donated over the holidays by members of Bailey's Health & Fitness' 15 Northeast Florida gyms. Maples and Cobbs brought a mission truck to Bailey's Arlington warehouse to pick up the collection.
The shoes and socks will be distributed this weekend at the mission, which provides food, clothing, shelter, emergency services and residential recovery programs to homeless men, women, and women with children.
The donated shoes were a mix of new and gently used, mostly for adults but some for children. There were sturdy work boots, running shoes and a tiny pair with the Thomas the Tank Engine logo from the children's television show.
For homeless people who wear shoes full of holes or no shoes at all, a new or gently used pair of shoes can have a far-reaching impact on their outlook, health and job prospects, said Penny Kievet, mission executive director.
"Our goal is to get people back on their feet," she said. "This is treasure for somebody on the street."
Maples and Cobbs agreed.
"They will say thank you very, very much," Maples said. "They will be very happy."
Bailey's has done food drives in the past, but this was the first shoe drive, said marketing director Elizabeth Aguilera. Many businesses and organizations have food drives, but few collect shoes so the initiative filled a need and likely will be repeated, she said.
Beth Reese Cravey: (904) 359-4109
CITY RESCUE MISSION
The mission receives no government funding and relies on donations from individuals, churches, businesses, civic organizations and foundations. To donate, volunteer or get more information, contact the mission's administrative office at 426 S. McDuff Ave., Jacksonville, FL 32254, or (904) 387-4357, or go to crmjax.org..