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"If you're obese and postmenopausal, you have a 50 to 70 percent greater chance of developing breast cancer than those who haven't gone through menopause," said Dr. Fernando Bonanni, Director of the Institute for Metabolic and Bariatric Surgery at Abington Memorial Hospital.
And there are three reasons why this happens.
For one, obesity simply weakens the immune system and consequently makes it harder to fight off disease.
"The body is designed with a heart, muscles, lungs, an immune system, etc. that are designed with reserves to fight disease," said Dr. Bonanni. "However when a person is obese, all systems are overloaded."
In addition to breast cancer, those struggling with obesity are also more likely to get a number of other types of cancer, such as prostate and colon cancer.
The second reason why postmenopausal women are more likely to develop breast cancer is due to the availability of estrogen that's stored in fat. According to Dr. Bonanni, fat stores estrogen and then breaks it down into byproducts that stimulate breast tissue. As a result, this makes women more susceptible to cancer.
But where your body stores fat is also important. "Women who have central obesity-people who are obese in the abdomen-are more likely to store estrogen in their fat," said Dr. Bonanni.
Lastly, statistics show that women who are obese are less likely to get screened for breast cancer, and if they do, it's often too late.
The impact of obesity on a woman's health doesn't end there.
"Obese patients are more likely to have more aggressive cancer that is more likely to spread to their lymph nodes," said Dr. Bonanni.
He advises women struggling with obesity to find sensitive caregivers and get screened for breast cancer.
Additionally, Dr. Bonanni emphasized the need to start eating right and getting down to a healthy weight. For more information on how to make these vital lifestyle changes, be sure to speak with your physician.


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We find out what trends are on the horizon in the world of homes and interiors this year.
Looking to spruce up your home or add a new design dimension? We spoke to Alice Crittall and Rebecca Hill — the creative duo behind the Cotswolds-based interior design firm, Crittall and Hill — for the insider’s scoop on the top interior trends to know about this year.
Incorporate biophilic design
Plant-buying was a pandemic-induced trend taken up by many — so many that, according to a study by Homebase, the UK planted 322 million more plants in 2020 than in 2019. Enter biophilic design, conceived to nurture our connection with nature. “Biophilia addresses the importance of our health and wellbeing in the built environment,” explains Rebecca. “But it doesn’t have to mean installing giant living walls. Even just adding a few houseplants can create that positive experience of nature.” For £35 per month, a Leaf Envy Plant Subscription Box will slowly but surely fill your home with all the plants you’ll need to recreate biophilic design.
Use responsibly-sourced materials
The pandemic has brought our alignment with sustainability into sharp focus. “Expect to see a rise in organic and natural materials in the home,” says Rebecca. “Particularly an upward trend of having tactile wall finishes, such as cork or natural wall render, and natural flooring. Think sisal rugs, reclaimed flooring, lots of shagpile carpets, wool, textured walls and quilted textiles.” The reuse and repurposing of vintage and reclaimed furniture has been around for some time, but it’s now becoming mainstream as an approach to home decor. One eco-friendly item we’ve got our eye on is the Ferm Living Desert Lounge Chair, which is made from recycled post-consumer waste.
Create home office and flexi-spaces
“As a result of our homes now needing to adapt quickly to meet with our new way of life, flexi spaces are here to stay,” says Rebecca. But there’s no need to necessarily think about an extension or garden office. Rebecca suggests introducing a desk chair that doubles up as a statement piece. Another clever way of splitting up the use of an area is to introduce a room divider — there are plenty of different styles on the market, such as the Porada Gamen Room Divider.
Select shapes and furniture
If you noticed curved furniture popping up in design mags over the past few months, expect things to get even, well, curvier this year. For decades, straight lines have dominated home accessories and furniture, inspired by 20th-century modernism. But corners are out and the ‘wiggle’ trend continues its ascension in the popularity stakes, though Rebecca predicts the shape will evolve further in the form of irregular knots. Get the look with the Loopi Wall Sconce, an intricately-designed light feature from Australian brand Articolo Lighting.
Choose colour schemes
“Tying in with an emphasis on eco-conscious design and biophilia in interior spaces, we are seeing a rise in green paint and colour schemes,” says Rebecca. Though along with greens, terracotta, brown and earthy tones are all here to stay – all of which give off that warm and welcoming feel. And in contrast to what we’ve seen in the past five years, Rebecca adds: “Generally, we’re moving away from white minimalism and wide open spaces, and turning instead to colourful, bright kitchens, painted ceilings, and colour blocking.” She predicts a move towards wallpapers of high energy and whimsical patterns with fun and bright colours.

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After The Close - Stocks resumed their advance today, after a brief pause yesterday when investors feared the Federal Reserve was hatching a plan to unwind its extraordinary monetary support. No such fears were to be found in the just-ended session, though. Not that there was a lot to get excited about, in terms of earnings or the economy. It was simply the kind of up day that often occurs during a bull market when cash comes in from the sidelines.
By the close, the Dow Jones Industrial Average had tacked on another 123 points and the NASDAQ had gained 24 points, with the major indexes surging in the final half-hour. Small and mid-cap stocks fared especially well.
There was one piece of good news on the economy, in the form of a report from the New York Federal Reserve showing that the total amount of debt held by U.S. citizens was at its lowest level in nearly seven years. Wall Street tends to see that in terms of consumers having greater spending capacity.
Among stock market sectors, banks performed especially well. Bank of America (BAC - Free Bank of America Stock Report) was the leading percentage gainer on the Dow. Shares of Citigroup (C) also fared well, although JPMorgan Chase’s (JPM - Free JPMorgan Chase Stock Report) stock advanced less, possibly owing to concerns that it could potentially lose the leadership of Jamie Dimon, its Chairman and CEO, if those roles are split.
Elsewhere, oil prices were the loser on the day, after a report suggested that rising oil production from the United States would be more than enough to account for any increase in global demand.
But the correction that Wall Street has been waiting for to begin will have to wait at least another day. A temporary interruption to the stock market’s advance, which would be seen by some as healthy and normal, could come from another blow-up in Europe. However, Europe has been relatively quiet in recent weeks.
A series of disappointing reports on the economy could also prompt a round of profit-taking. With that in mind, tomorrow brings a full slate of economic data, including the Producer Price index for April; a report from the New York Fed on the region’s manufacturing; and April figures on the nation’s industrial production and capacity utilization.
Meanwhile, earnings from farm equipment maker Deere (DE), retailer Macy’s (M), and tech heavyweight Cisco Systems (CSCO - Free Cisco Stock Report) are due out on Wednesday, with Cisco reporting after the closing bell. - Robert Mitkowski
At the time of this writing, the author did not have any positions in of the companies mentioned.
12:25 PM EDT - The stock market got off to a decent start this morning and is now extending its gains. At just past noon in New York, the Dow Jones Industrial Average is up 73 points (0.5%); the broader S&P 500 Index is ahead 13 points (0.8%); and the tech-heavy NASDAQ is tacking on 26 points (0.7%). Furthermore, market breadth indicates considerable support for equities, as advancing stocks are ahead of decliners by over 2 to 1 on the NYSE. There are roughly 580 stocks at new highs versus only 55 at new lows on the NYSE, confirming the market’s upward bias. All of the market sectors are participating in the rally today, with large gains in the healthcare issues. In addition, the consumer stocks are doing well. In contrast, the basic materials sector is lagging, though less than earlier. It is interesting to note that this group, along with some of the energy names, showed leadership earlier in the bull market, but has been lagging for quite some time. This clearly shows how traders engage in sector rotation, and the importance of watching for this behavior.
Technically, the S&P 500 Index has spent the past few sessions in a narrow sideways range, but seems to be breaking out with today’s move. Assuming the strength continues, the index will soon be testing the 1,650 mark, which may hold some psychological significance. In a somewhat contrarian showing, the VIX is higher today to 13.14, which may suggest that some traders are still apprehensive about the long-standing rally.
The few economic reports released this morning are probably not responsible for today’s move up. The Department of Commerce reported that export prices declined 0.5%, and import prices dipped 0.2%, for the month of April. These figures suggest that there is likely little in the way of inflation to worry about. Tomorrow is a busy day for reports, as we receive the Producer Price Index for April, the Empire Manufacturing Survey for May, as well as a report on industrial production for last month.
There was some corporate news of note today. Take-Two Interactive (TTWO) shares are trading sharply higher after that company logged strong sales and profits for the most-recent quarter. Also, shares of Sony (SNE) are moving up as the electronics giant affirmed that it would not be divesting its important entertainment businesses. Adam Rosner
At the time of this article’s writing the author did not have positions in any of the companies mentioned.
Stocks to Watch from The Survey – Earnings news is quite light today, though shares of Take-Two Interactive Software (TTWO) are up sharply in pre-market trading, after the video game developer delivered March-quarter results that topped investors’ expectations thanks, in part, to strong sales of its BioShock Infinite game. Meantime, the recent surge in the shares of electric vehicle manufacturer Tesla Motors (TSLA) appears set to continue today, as that equity is indicating a nicely higher opening this morning.
Elsewhere, Sony (SNE) stock is up notably ahead of the bell, after the hedge fund Third Point, which owns about 6.5% of SNE shares, called for the Japan-based electronics giant to spin off its entertainment division, arguing that it would unlock value for shareholders. – Matthew E. Spencer
At the time of this article’s writing, the author did not have positions in any of the companies mentioned.
Before The Bell - The stock market paused yesterday after weeks of steady gains, as the leading averages either held steady or tracked a bit lower on the day. In all, the Dow Jones Industrial Average lost 27 points; the Standard and Poor's 500 Index was virtually flat; the NASDAQ added two points; and the small-cap Russell 2000 eased by just over a point. Most mutual funds lost a few pennies, as losing stocks topped winning issues by a generally modest ratio.
There weren't a great many issues to deal with yesterday. To wit, earnings season is fast drying up, and it has been a decent one, on the whole, with many more U.S. corporations exceeding lowered profit targets, but on just selective revenue growth. This has been the pattern in recent quarters, and it has not unnerved investors to any extent as yet.
On the economic front, however, there was one key release of note, as the government reported that retail sales increased by 0.1% in April. That was notably better than the forecast, which had been for a decline of 0.4% in aggregate spending last month. In the meantime, if we back out the auto component, including cars and vehicle parts, we find that sales dipped by 0.1% in April. Still, that was better than the 0.4% drop that had been generally forecast for the month. On a year-over-year basis, total retail volume has been up by 3.7% in the past year. Also, March retail sales, which had been reported as declining by 0.4%, were revised to indicate a slightly larger drop of 0.5%.
Meantime, the business beat quiets down a bit today, but will pick up again tomorrow, as we will get metrics on producer prices. Here, a fairly large drop in wholesale costs is expected to have been tallied last month, largely on falling oil prices. We also will get data on industrial production and factory use, where slight declines are the expectation. Then, on Thursday, we are due to see data on initial jobless claims, where a slight gain for the latest week is the general forecast. That day also will bring reports on consumer prices, housing starts, and building permits. Here, as well, inflation is seen as tame, with the CPI falling by 0.3% in April. Housing starts are likewise expected to have dipped in the latest month, but building permits, a more forward-looking metric, are seen as having edged a little higher. Finally, Friday will see the generation of data on consumer sentiment and the leading indicators.
As to earnings, the bigger stories on the week are scheduled to be the issuances from Dow component and networking giant Cisco Systems (CSCO – Free Cisco Stock Report), as well as from farm equipment maker Deere & Co. (DE), semiconductor equipment manufacturer Applied Materials (AMAT), and retailing behemoth and Dow-30 component Wal-Mart Stores (WMT – Free Wal-Mart Stock Report).
Finally, the markets are again pausing this morning, with the European bourses largely in the red, but just nominally so. However, our futures, after a brief dip earlier this morning, are now pointing slightly higher, presaging a little bit of a bounce when trading resumes in less than an hour from now. – Harvey S. Katz
At the time of this article's writing, the author had positions in CSCO.


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The prototype of one kilogram(NPK-57) is already available in India and placed at the National Physical Laboratory, New Delhi as per the provisions made under the Legal Metrology (National Standards) Rules, 2011. The new definition of kilogram which has come into effect from May, 2019 and few countries have developed the system of realisation of unit of mass ‘kg’. The previous definition of kilogram was based on the mass of the international prototype ‘kilogram’ which is an artefact, however, the new definition is based on physical constant of nature. The change in the definition of kilogram will not have any implication in daily life in weighing of pharma and precious metals.
This information was given in a written reply by the Minister of State for Ministry of Consumer Affairs, Food & Public Distribution, Shri Danve Raosaheb Dadarao in Rajya Sabha today.


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Panamanian President Laurentino Cortizo Cohen, on a visit to Port Houston, celebrated his country’s expansion of the Panama Canal and its effect on the biggest port along the Texas Gulf Coast.
“Four out of every 10 ships arriving at Port Houston transit through the [canal],” Cohen tweeted Thursday, the day of his visit. “The expansion of the Panama Canal created great commercial opportunities and increased exports from our country to Texas.”
Port Houston officials said the canal’s expansion was a game-changer for the port.
In 2020, Houston was ranked the No. 1 port in the United States for total tonnage. Import containers from East Asia have grown 63%, and export containers have increased 96% since the Panama Canal’s expansion in 2016.
A new direct Trans-Pacific Asia service launched last year by THE Alliance called the “EC6” is an East Coast all water service via the Panama Canal calling on Port Houston. (Photo: Port Houston)
“Unquestionably, the expansion of the Panama Canal has had a significant role in the growth of cargo volume and the number of larger ships and vessels calling our port,” Roger Guenther, Port Houston’s executive director, said during the event.
Port Houston’s total trade was $14.19 billion in May, an increase of 66% from the same month last year, according to the latest U.S. Census Bureau data analyzed by WorldCity.
Port Houston ranked No. 6 among U.S. gateways in May, and it was the third-ranked seaport in the country behind the Port of Los Angeles and the Port of Newark.
Port Houston’s top three exports in May were gasoline and other fuels ($6 billion), liquefied natural gas and petroleum gases ($4.9 billion), and oil ($4.1 billion).
Its top three imports were gasoline and other fuels ($2.5 billion), oil ($2 billion), and passenger vehicles ($1.2 billion).
Port Houston’s top 5 trading partners in May were Mexico ($1.3 billion), China ($1.27 billion), Brazil ($810 million), Germany ($755 million) and South Korea ($720 million).
Click for more FreightWaves articles by Noi Mahoney.
More articles by Noi Mahoney
Port Houston posts 39% year-over-year container growth
Mexico trade boomed in May, but profit margins tightening


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Eating less meat, or not eating it at all, can be a good measure to prevent cancer. A study conducted by researchers at the
Oxford University (United Kingdom) on more than 470,000 people shows that individuals who include meat in their diet less than 5 times a week or do not eat it because they are vegetarian or vegan have a lower risk of cancer in general, and of colorectal, prostate or prostate cancer. breast in particular.
Cody Watling’s team from the
Oxford University analyzed the relationship between diet and cancer risk by analyzing data collected from 472,377 adults Britons who were recruited into the UK Biobank between 2006
and 2010. The participants, who were between the ages of 40 and 70, reported how often they ate meat and fish, and the researchers calculated the incidence of new cancers that developed over an average period of 11 years using health records.
Using the data from
UK Biobank The researchers divided the participants into four groups based on their diet: regular meat consumption (consumption of processed meats, red meat -beef, pork, lamb-) or poultry more than 5 times a week); low (meat consumption less than 5 times per week); of fish (never consumed red meat, processed meat or poultry, but fatty and/or non-fatty fish; vegetarian (had never consumed meat or fish), and vegan (had not eaten any type of meat, fish, dairy or eggs) .
They took into account diabetes status and sociodemographic, socioeconomic, and lifestyle factors in their analyzes and found that 247,571 (52%) participants ate meat more than five times per week; 205,382 (44%) five or fewer times per week; 10,696 (2%) fish but not meat, and 8,685 (2%) vegetarian or vegan.
A total of 54,961 participants (12%) developed cancer during the study period.
The researchers found that the overall risk of cancer was 2% lower among those who ate meat five or fewer times per week, 10% lower among those who ate fish but no meat, and 14% lower among vegetarians and vegans, compared to those who ate meat more than five times per week.
Comparing the incidence of specific cancers to the participants’ diet, the authors found that those who ate meat five or fewer times per week had a 9% lower risk of colorectal cancer, compared to those who ate meat more than five times per week
They also found that the risk of prostate cancer was 20% lower among men who ate fish but not meat, and 31% lower among men who ate a vegetarian diet, compared with those who ate meat more than five times a week.
The study also showed that women Postmenopausal women who followed a vegetarian diet had an 18% lower risk of breast cancer than those who ate meat more than five times a week. However, the findings suggest this was because vegetarian women tended to have a lower body mass index (BMI) than women who ate meat.
The researchers caution that the observational nature of their study does not allow conclusions to be drawn about a causal relationship between diet and cancer risk. In addition, since the dietary data of the
UK Biobank were collected at a single point in time, rather than over a continuous period of time, they may not be representative of participants’ lifetime diets.
The authors suggest that future research could investigate associations between diets containing little or no meat and the risk of individual cancers in larger populations with longer follow-up periods.


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Comcast Plans Hiring Event for Recently Announced Arlington Heights XFINITY Store
Comcast recently announced plans to open an XFINITY Store later this year in Arlington Heights at 324 E. Rand Rd. in the Northpoint Center. Comcast announced today that it’s hosting a hiring event on Tuesday, August 29, from 10 a.m. to 12 p.m. and also from 5 to 7 p.m. at its Morton Grove XFINITY Store at 7927 Golf Rd. to recruit approximately 15 full- and part-time employees for the Arlington Heights store.
Event scheduled for Tuesday, August 29 at Morton Grove XFINITY Store
Comcast is hosting a hiring event on Tuesday, August 29, 2017 to recruit full- and part-time employees for its recently announced XFINITY Store in Arlington Heights.
“The primary goal of the XFINITY Store is to provide an excellent customer experience,” said Matt Quantz, Comcast’s regional vice president of Sales. “We’re hoping to find candidates who can provide great service to our customers and help the store achieve its business goals.”
At the event, Comcast will have:
· Recruiting employees on hand to answer questions about careers at Comcast;
· Managers and employees from other area XFINITY Stores who can answer questions about working in retail at Comcast; and
· Computers attendees can use to apply for the open positions. Comcast also can assist attendees who want to apply using laptops, smartphones and tablets they bring to the event.
“I am pleased to welcome the new XFINITY store to Arlington Heights, and I would highly encourage area residents to attend the open house/job fair to explore the many full-time and part-time employment opportunities being offered with Comcast,” said Thomas W. Hayes, Mayor, Village of Arlington Heights.
Comcast is encouraging interested candidates to apply for full-time XFINITY Store positions in advance by clicking here and part-time positions by clicking here (or visit jobs.comcast.com and searching for Sr. Sales Consultant positions in 60004).
For more information about the hiring event and to RSVP, email [email protected]
Comcast recently named one of the “2017 Best Places to Work in Illinois”
Comcast was recently named one of the 2017 Best Places to Work in Illinois. The awards program began in 2006 and is promoted by the Daily Herald Business Ledger in partnership with the Human Resources Management Association of Chicago (HRMAC), the Illinois Chamber of Commerce, MRA-The Management Association, the Small Business Advocacy Council, the Greater Oak Brook Chamber of Commerce and Best Companies Group.
Stay informed with news from PublicSafetyReporter.com’s Emergencies Behind the Scenes Facebook page — Facebook.com/CardinalEmergencies. Includes links to favorite public safety and emergency rescuers and product manufacturers and safety companies that have Facebook pages. Submit your pictures or just stay up-to-date on with fire, rescue, EMS and police photo galleries. Please add your public safety photo to the timeline, or send a message to the page.


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Halo 5: Guardians PC Version Not in the Works, Confirms 343 Studios
Highlights of the Story
- Halo 5: Guardians will not get PC version, at least for now.
- Other Halo games are available to play on PC via the Master Chief Collection.
- Halo Infinite will release for PC and consoles on December 8, 2021.
Like Doom and Half Life, Halo is one other iconic title which has been successful across all platforms. The masterpiece of a franchise by Master Chief is making a comeback this year as well. Halo Infinite is all set to release on December 8, 2021. Moreover, the game will be releasing for Xbox One, Xbox Series X/S and Microsoft Windows. Halo 5 is one of those games in the franchise which PC gamers can’t play.
Fans of the franchise have been asking one question for quite some time now, when will Halo 5 for PC roll out? There is bad news for PC gamers as 343 Studios, the developers of the game have now revealed that a PC version for the game is not in the works currently.
Pretty much the entire Halo franchise is available for PC gamers to enjoy. PC gamers can simply get their hands on the Master Chief Collection and enjoy all the major titles from the franchise, like Halo 4, ODST, Reach and more.
Recently, GeForce Now has been a rumour mill favourite in the realm of gaming. Some leaksters and fans of the franchise claimed to have spotted what appeared to be a PC port for Halo 5: Guardians. However, now we know that is certainly not the case. Brain Jarrard, 343 Studios Community Director, took to Twitter to reveal that the game will not be getting a PC version anytime soon.
Halo 5: Guardians – What Else?
Jarrard says that they have been seeing quite a bit of demand for the PC version of the game. However, according to Jarrard, they are more focused towards releasing the latest title of the franchise. Halo Infinite is a huge project and the company indeed is giving it their all to roll out a good game, from the looks of it. Moreover, multitasking is probably not a really good idea, going by CD Projekt RED’s Cyberpunk 2077 incident.
Companies have become increasingly more cautious about rolling out complete games with minimal bugs and glitches. Although Halo 5 is probably regarded as one of the most underwhelming titles in the franchise, it still is Halo for the fans. PC gamers are still looking forward to playing it and that is quite understandable.
Further, a PC port of the game is definitely not going to bring about a change with Halo 5: Guardian’s storyline or main single-player campaign, it will definitely offer a better performance. The game’s single-player campaign was very underwhelming, which caused the game to not receive that good reviews like the other entries in the franchise. However, Halo is less of a game and more all about a cult fanbase now, much like Doom, God of War and so on.
Besides, Jarrard also mentioned that the Nvidia GeForce database was probably referring to Halo 5: Forge. Now, Forge was a port of the game’s Forge Mode for Windows 10. However, the studio does not have any plans to release a PC version of the game, as per Brian’s tweet.
- In this article, we will be talking about a very popular Apple phone which is the iPhone 11. There is a huge confusion revolving around whether one should buy this iPhone in 2021 or not? Hence, we will be talking about 5 reasons that make buying the iPhone 11 worth it even in 2021. Also…
- Should you buy iPhone 12 in 2021? Or wait for iPhone 13?
- Lately, Tecno has been slaying the competition in the sub-Rs10,000 price bracket. Last we made a video of Tecno Spark 7, which was launched at Rs 8,999. Today, the brand has sent us their Tecno Camon 17, which is launched in India at Rs 12,999. Processor Gone are the days when we used to complain…
- Nokia G20 comes as the latest budget offering by HMD Global in India.
- Today, OPPO brings yet another charming smartphone for you to flaunt in style. After the Reno5 Series earlier this year, the brand has today launched its all-new Reno6 Series. And we have the Reno6 Pro 5G, which is now launched in India starting at a price tag of Rs. 39,990 for the 12GB+256GB variant. We…


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The Fair Labor Association (FLA) is a nonprofit organization dedicated to protecting the civil rights and living conditions of factory workers around the world. Following the string of scandals and suicides throughout Apple’s supply chain, the Cupertino company has joined the FLA as a Participating Company.
Apple is the first technology company to join the FLA, and this will hopefully prompt many other industry leaders to do the same. The FLA will closely monitor Apple’s supply chain environments and help protect the rights of the workers that make the products we use every day.
The Fair Labor Association today announced that Apple will join the FLA as a Participating Company, effective immediately. The FLA will independently assess facilities in Apple’s supply chain and report detailed findings on the FLA website. Apple becomes the first technology company to join the Association as a Participating Company.
FLA Participating Companies agree to uphold the FLA Workplace Code of Conduct throughout their supply chains and commit to the FLA’s Principles of Fair Labor and Responsible Sourcing. In 2011, the FLA worked with Apple to assess the impact of Apple’s training programs which help raise awareness of labor rights and standards among workers in its supply chain. Like all new affiliates, Apple will align its compliance program with FLA obligations within the next two years.
“We found that Apple takes supplier responsibility seriously and we look forward to their participation in the Fair Labor Association,” said Auret van Heerden, FLA’s President and CEO. “We welcome Apple’s commitment to greater transparency and independent oversight, and we hope its participation will set a new standard for the electronics industry.”
Apple also just released its 2012 Supplier Responsibility Progress Report and full list of supplier partners. In an internal email to employees, CEO Tim Cook said, “No one in our industry is driving improvements for workers the way Apple is today.”


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A few weeks ago, Microsoft unveiled the Lumia 830, a device that it calls "the first affordable flagship". That's quite a claim, but the company believes that it's struck the right balance of providing higher-end features in a thin and light package at a price tag that isn't going to completely break the bank.
Microsoft said that the Lumia 830 would go on sale in October, and with this being the first day of the month, it's wasting no time in getting the word out that the handset will be going on sale this week.
Key specs of the Lumia 830 include:
- 5-inch HD (1280x720px) ClearBlack IPS LCD with Gorilla Glass 3
- Quad-core 1.2GHz Qualcomm Snapdragon 400
- 1GB RAM
- 16GB onboard storage (plus microSD support up to 128GB)
- 10MP PureView camera with ZEISS optics and LED flash
- 0.9MP wide-angle front-facing camera
- Bluetooth 4.0
- Four colour options: black, white, orange and green
- 139.4 x 70.7 x 8.5mm; 150g
Microsoft has issued guidance suggesting that pricing will be around €330 EUR (roughly $415 USD / £255 GBP) off-contract, before taxes and subsidies. However, local pricing will vary from country to country, and carriers will set their own prices, so look out for further details on exactly how much the Lumia 830 will cost in your part of the world.
The Lumia 830 will be one of the first devices - alongside the Lumia 730/735 - to go on sale with the very latest Lumia Denim firmware pre-installed, including the most up-to-date OS version, Windows Phone 8.1 Update 1.
Source: Microsoft | top image via Microsoft


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We've been waiting on the MacBook Pro 2021, and we just got a whole lot of reason to believe that the wait will be worth it. While the previous rumors have focused mostly on the return of popular I/O ports, the latest bit of news says the MacBook Pro 2021 will have a fantastic new display.
Or, rather, it will pack a display that we just learned about from the iPad Pro 2021 announcement. And if this comes true, it's plenty of reason to believe that the MacBook Pro 2021 will keep its spot (or possibly rise) in our best laptops list.
- AirTag vs. Tile: How Apple’s key finder compares
- 6 things we didn’t see at the Apple event — AirPods 3 and more
- Plus: New Apple TV Siri remote is a downgrade for gaming — here’s why
We've heard rumors since March that the mini-LED technology that's in the new iPad Pro 2021 will be coming to the next MacBook Pro. That tidbit has just been re-confirmed by market research firm TrendForce.
In a release published on April 21, TrendForce's Max Chen writes, "With regards to Apple’s plans for 2H21, the 14-inch and 16-inch MacBook models will likewise feature Mini LED backlight technology, which will become the hardware benchmark for high-end tablets and notebook computers."
And that makes a ton of sense. The 12.9-inch iPad Pro is about to have a better display than the current MacBook Pros, and that doesn't really sound right. Yes, tablets are all about the screens, but video and photo editors using the latest and greatest MacBook Pros should get the same screens as iPad Pro owners.
The mini-LED/XDR display upgrade is a big boon to the MacBook Pro 2021, which was already rumored to shed the OLED Touch Bar, and add in MagSafe charging, an HDMI out port and an SD reader.
These are changes that long-time MacBook Pro owners have begged for, and we're still holding out hope that Apple reconsiders its stance on the USB-A port, which hasn't been seen in a MacBook since the pre-Retina MacBook Air updates.
Now that we have reason to expect that mini-LED is coming to the MacBook Pro 2021, this update looks to be serious and substantial. While we were happy that Apple was reconsidering MagSafe, HDMI, an SD memory reader and the rest of the rumored features, that felt a bit more like a throwback than a revolution.
Combined with the next Apple M1 chip, the MacBook Pro 2021 looks like it will be a beast worthy of investment.


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A new crop of stock market scam artists is hawking bogus, get-rich-quick schemes tied to companies working on a cure for the deadly avian flu, the National Association of Securities Dealers warned yesterday.
The NASD said it released the warning after finding that stock promoters had pushed at least one company – claiming it had “the solution” to the deadly virus and was positioned to jump more than 250 percent.
“This is an age-old pump-and-dump scheme with a brand new disguise,” said NASD’s John Gannon. “Fraudsters are quick to exploit every new crisis or catastrophe to peddle their get-rich-quick scams.”
Had the NASD listened to analysts Manuel Asensio and Tara Kelly of New York’s Asensio & Company, a short-selling research team that highlighted this issue in detail on a Nov. 4 report, it could have saved itself some time.
Asensio and Kelly found five companies claiming to be developing an avian flu vaccine, and since May, the firms have seen an average increase in market value of 150 percent.


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Indian hotel sector: Opportunities knocking at the door
According to the most recent industry data, room demand increased by more than 55 per cent year on year between January and August 2022
The Indian hotel sector is finally seeing renewed growth after months of low occupancy and falling average rates due to the pandemic. In the first eight months of the calendar year 2022 (YTD August 2022), nationwide occupancy was in the 57-59 per cent range, 20-22 percentage points (pp) higher than the same period in 2021 and only 6-8 pp lower than 2019. The strong recovery in demand is driving consistent increases in average room rates, with hotels, particularly in the leisure segment, outperforming pre-pandemic average rates. Meanwhile, the resurgence of corporate travel and large-ticket conferences and events is reshaping the fortunes of commercial markets and popular MICE destinations. As a result, the country’s YTD August 2022 average rates were 42-44 per cent higher than the same period in 2021, while remaining only 3-5 per cent lower than pre-pandemic levels. The strong recovery in occupancy and average rates has helped India-wide RevPAR to reach Rs 3,200-3,400, reflecting growth of over 120 per cent compared to 2021.
Month on month RevPAR recovery through the pandemic
The upcycle in the sector is clearly underway and is expected to last for the next four-five years, as demand is spiralling while supply growth is relatively low, which is a significant difference from any previous disruptions that took place be it the 9/11 US terror attacks, GFC crises or the Mumbai terror attacks wherein the supply continued to grow. This augurs well for the sector because, as shown in the graph below, hotel performance in India is highly sensitive to supply and demand dynamics.
Indian Hotel Sector: Supply, Demand and RevPAR Trend
According to the most recent industry data, room demand increased by more than 55 per cent year on year between January and August 2022 whereas room supply increased by only 1-3 per cent. The demand will continue to grow by double digits due to strong domestic travel and the gradual return of inbound tourism, but we anticipate supply to grow at a CAGR of only 3-5 per cent over the next six to seven years. This, coupled with India’s strong economic outlook, will, in our opinion, help the Indian hotel sector achieve occupancy of 70 per cent in 2024, after a wait of nearly two decades, despite several challenges such as inflationary pressure, the possibility of a recession in the US and Europe, and manpower shortage. We also anticipate the ADRs to finally cross the previous high witnessed almost 18 years back in 2007.
Opportunities are knocking at the sector’s door
The Indian Government is once again placing more emphasis on the expansion of the tourism industry, which is predicted to contribute US$250 billion to the country’s GDP by 2030. The Government also plans to soon introduce the National Tourism Policy for sustainable and inclusive tourism growth in the country. The hotel sector should develop strategies to take advantage of the short- and long-term opportunities that are emerging as the Indian tourism industry gains momentum.
India’s G20 Presidency advantage
India will hold the G20 Presidency for one year beginning December 1, 2022. Over 200 G20 meetings are expected to be held across 55 destinations in the country during this period. The Indian hotel sector stands to gain significantly from this development, as there will be substantial incremental demand for hotels in the cities where the meetings will be held. Additionally, the government intends to make the most of this chance to promote India as a top travel destination worldwide by showcasing the history and cultures of these places, which will benefit the hotel industry in the long run.
Bleisure travel is back in business
Bleisure travel – business travellers extending their business trips by a few days for leisure tourism activities – is expected to grow at over 19 per cent CAGR globally in the next ten years and is a segment that has gained significant traction post-Covid19. This segment is expected to gain further momentum as international business travellers and high-profile MICE events return to the country. As a result, it is critical that the hotel sector, particularly traditional business hotels, recognise the opportunity and create special packages and offerings by incorporating more leisure elements into the experience to attract corporate guests looking to extend their trip. Providing customised experiences to meet the evolving needs of the business traveller will give them reasons to stay longer, helping the hotel sector to generate more revenue and guest loyalty.
Reinventing city tourism
Indian cities such as Delhi, Mumbai and Bengaluru took longer to bounce back post-pandemic compared to leisure destinations as they are heavily dependent on corporate and MICE segments. City tourism boards and the hotel sector must collaborate to develop strategies to attract more leisure tourists and bleisure travellers, particularly domestic visitors, going forward. Increasing marketing efforts by using social media and influencers, leveraging VR and AR to enhance tourist experience, and regularly hosting must-attend events can help cities to shift the narrative about city tourism, by giving tourists new reasons to visit or to extend their business visits to club leisure activities, rather than viewing the city as merely an entry, exit, or transit point.
Return of the ‘Big Fat Indian Wedding’
The ‘Big Fat Indian Wedding’ is making a comeback after two years of incredibly personalised and intimate weddings, with several hotels already sold out for the upcoming wedding season. Couples who postponed their weddings for the last two years due to the pandemic and related restrictions are now going all out in terms of their wedding budgets. Furthermore, due to the difficulties associated with visas and the high cost of international travel, many couples seeking celebrity style destination weddings in picture-perfect foreign locations are turning to luxury and upscale hotels and resorts in India for their wedding ceremonies.
Rise of medical tourism
The relaxation of international travel restrictions and the falling rupee is expected to increase medical tourism in India. As per the Invest India website, the country aims to become the world’s top medical tourism destination, tripling its revenue to US$13 billion in four years. During the pandemic, hotels and healthcare facilities, the two key stakeholders in this growing segment, successfully collaborated to provide quarantine services. The two sectors should now build on this success to provide medical travellers with a seamless medical tourism experience. Developing dedicated hospital-hotel mixed-use projects and patient hotels designed to meet the needs of medical travellers, as is common in Scandinavian countries, could be a profitable business model in the future and help the country realise its true medical tourism potential.
Finally, the often-overlooked opportunity to multi-skill hotel employees is a great way to address the staffing issues in the hotel sector, especially in the post-pandemic world where staff shortages are worsening, and companies are looking to reduce staff-to-room ratios. Employers can reduce labour costs, improve efficiency, and increase operational flexibility, while employees gain new skills that will help them advance in their careers. Multi-skilling also prepares employees for higher-level positions within the company, which aids in succession planning while increasing employee loyalty and motivation and can help companies retain their human capital in today’s fiercely competitive environment.
This article was published in BW hotelier issue dated '' with cover story titled 'BW HOTELIER - THE WEDDINGS & MICE SPECIAL'
About the author
Mandeep S. Lamba, President (South Asia), HVS AnarockVisit the Author page >>
About the author
The author is Associate Vice President – Research (South Asia), HVS ANAROCKVisit the Author page >>
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Tech is finally killing long lines
Startups and big corporations alike are releasing technology to put long lines online.
Why it matters: Standing in lines has always been a hassle, but the pandemic has made lines longer, slower and even dangerous. Now many of those lines are going virtual.
What's happening: Physical lines are disappearing at theme parks, doctor's offices, clothing stores and elsewhere, replaced by systems that let you book a slot online and then wait to be notified that it's your turn.
Whyline, an Argentinian company that was just acquired by the biometric ID company CLEAR, is an app that lets users do just that — it will keep you up to date on your wait time and let you know when you need to show up.
- Whyline's list of clients — mostly in Latin America — includes banks, retail stores, the city of Lincoln, Nebraska, and Los Angeles International Airport.
- "The same way you make a reservation at a restaurant, Whyline software does the waiting for you in banks, in DMVs, in airports," CLEAR CEO Caryn Seidman-Becker said on CNBC.
Another app called Safe Queue was born from the pandemic and aims to make in-store shopping safer for customers and workers by spacing out shoppers' visits.
- The app uses GPS technology to detect when you're within 1,000 feet of a participating store and automatically puts you in a virtual line. Then you can wait in your car or somewhere nearby until it's your turn to shop.
Many health clinics around the country are also putting their COVID test lines online.
- At my local testing center in Hoboken, New Jersey, patients stand in a quick line to check in and then enter a virtual queue via an app called Solv Health.
- They can then go back home, run errands or grab a coffee while they wait for a text alerting them to return to the clinic to get tested. (It certainly beats standing out in the cold for hours with lots of people who think they might be infected.)
Universal Orlando, famous for its gargantuan lines, is trying virtual queues too.
- You can pick a time to visit a ride or an attraction for groups of up to 10 through the virtual line feature in the resort's app.
The big picture: Who doesn't want to avoid standing in line? There are already professional line-sitters like Same Ole Line Dudes, who work in New York City and specialize in such iconic NYC tasks as waiting for standby "Saturday Night Live" tickets.
- The gig-work app TaskRabbit explicitly offers "line standers," whom you can pay to hold your spot.
The rub: While virtual queuing tech may be gaining ground, lines are still more common than not. And in the age of social distancing, expect wait times to remain high and lines to remain long.
Editor's note: We corrected the name of Universal Orlando to reflect it is not owned by Disney.


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Headlines about The Hain Celestial Group (NASDAQ:HAIN) have been trending very positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. The Hain Celestial Group earned a daily sentiment score of 0.52 on Accern’s scale. Accern also gave headlines about the company an impact score of 69 out of 100, meaning that recent media coverage is likely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Jim Cramer Gives His Opinion On Hain Celestial, Kraft Heinz And Kroger – Benzinga (benzinga.com)
- Hain Celestial Group Inc. aims to grow its prospects with Better Beans acquisition (theislandnow.com)
- Earnings Review and Free Research Report: Hain Celestial Reported Q3 Earning (finance.yahoo.com)
- Amazon’s Deal for Whole Foods Could Mean This Organic-Food Company Is Sold Next (finance.yahoo.com)
- Comparing The Hain Celestial Group (HAIN) & Internationa Flavors & Fragrances (IFF) (americanbankingnews.com)
A number of brokerages have recently commented on HAIN. Vetr lowered The Hain Celestial Group from a “strong-buy” rating to a “buy” rating and set a $42.02 price target on the stock. in a report on Monday, May 15th. Susquehanna Bancshares Inc set a $45.00 price target on The Hain Celestial Group and gave the company a “buy” rating in a report on Saturday, May 13th. Wells Fargo & Company set a $42.00 price target on The Hain Celestial Group and gave the company a “hold” rating in a report on Saturday, July 1st. Jefferies Group LLC restated a “buy” rating and issued a $50.00 price target on shares of The Hain Celestial Group in a report on Friday, May 12th. Finally, J P Morgan Chase & Co lowered The Hain Celestial Group from an “overweight” rating to a “neutral” rating and cut their price target for the company from $43.00 to $35.00 in a report on Friday, June 23rd. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $40.90.
Shares of The Hain Celestial Group (HAIN) opened at 38.86 on Monday. The firm’s 50-day moving average price is $35.37 and its 200 day moving average price is $37.11. The company’s market capitalization is $4.03 billion. The Hain Celestial Group has a 1-year low of $31.01 and a 1-year high of $56.99.
The Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings results on Thursday, June 22nd. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by $0.19. The Hain Celestial Group had a negative net margin of 0.75% and a negative return on equity of 1.09%. The firm had revenue of $706.56 million for the quarter, compared to analysts’ expectations of $721 million. Equities analysts predict that The Hain Celestial Group will post $1.26 EPS for the current fiscal year.
About The Hain Celestial Group
The Hain Celestial Group, Inc is an organic and natural products company. The Company and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products. The Company’s segments include United States, United Kingdom, Hain Pure Protein and Rest of World.
This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2285082/the-hain-celestial-group-hain-given-daily-news-sentiment-score-of-0-52.html
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Just days after Jeff Bezos announced that his era, as the CEO, comes to an end at Amazon, the e-commerce giant, has indicated that it is prepared to explore the world of “digital currencies” – by launching what appears to be a Mexico-based pilot project.
The firm said, in a job posting for a Software Development Manager on the careers section of its website, that it was looking to “[build] a tech team to build innovative payment products for customers in emerging markets.”
Bezos, the company’s founder, announced he was stepping aside to take up the role of executive chairman, leaving former Amazon Web Services boss Andy Jassy as the new CEO.
Jassy has been proactive about exploring blockchain technology-powered solutions in the past, as well as new payment options – and the crypto community is waiting with bated breath to see what comes of his tenure at the top.
In the job ad, that was first reported by Coindesk, Amazon said that it was now “looking for talented software development managers and engineers to “join” its “journey.”
The company’s hiring managers wrote,
“We are looking for a leader to help us launch a new payment product starting with Mexico as our initial launch country. This product will enable customers to convert their cash [into] digital currency using which customers can enjoy online services including shopping for goods and/or services like Prime Video.”
The company made no mention of blockchain technology or cryptoassets in the post, but with its news project appears to be targeted – at least initially – potentially unbanked customers in developing countries, many of whom are out of the reach of its current range of services.
– No, Mastercard Is Not Adding Crypto Just Yet, It’s About Stablecoins
– Visa Wants to Work with Exchanges, Wallets on ‘Digital Gold’ Bitcoin
– Four Merchants Revealed How Bitcoin Payments Helped Their Businesses
– Davos Watch: ‘The Old World of Currency Now Has To Catch Up’
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Talk about Fourth of July sales! JetSuite has the ultimate jet-setter bargain: a private jet for $4. But there are a few hitches.» Read More
"Chariot" could help pull the increasingly top-heavy art market through another record-breaking auction season.
Million-dollar donations reached their highest level since 2008 last year, led by big name donors Bill Gates and Warren Buffett.
Home decorating is expected to nab about $2 billion this Halloween, and we're not talking scarecrows and a few pumpkins on the porch.
The Upper East Side townhouse used in the film "Breakfast at Tiffany's" has gone on sale for $8 million, the Daily Mail reported.
There are only a handful of openly gay or lesbian billionaires in the world. CNBC's Robert Frank takes a looks at the list of super-rich LGBT members.
Wealth managers, pay attention. Gay and lesbian CEOs may still be few in number—but the ranks of gay and lesbian millionaires and billionaires are growing rapidly.
The sale of 10 percent of Ferrari may be the ultimate auction for fans of the supercar. A look at the billionaires who might be ready to grab a piece of the action.
The building has ruled over New York real estate, but now its sales may be coming back down to Earth.
Billionaire investor Bill Ackman and a group of investors bought a $90 million penthouse in New York City and plan on flipping it. CNBC's Robert Frank has the details.
Most millionaires are concerned about inequality and nearly half support a higher minimum wage and more taxes on the rich, according to a new survey.
Ferrari is gearing up to start production on its invite-only supercar known as the Ferrari Sergio, and only six people will be able to buy one.
Being rich is getting expensive. Just ask Sam Wyly and Anne Dias Griffin. Court papers detail what they spend on a monthly basis.
Millionaires were more generous with their charitable giving last year. But their giving didn't grow as fast as their incomes, a new study found.
If you had a million – or a billion – dollars, which celebrity bad boy would you most be like – Charlie Sheen? Justin Bieber?
Boeing Business Jets said orders for its giant commercial jets that are converted into use for private travel have hit the double digits.
If you think wealth inequality in the U.S. is bad, consider Russia.
The market's free-fall has shaved billions from the wealthy, showing just how exposed today's rich have become to wild market swings.
In Utah, New Mexico, Maine or Delaware, $1 billion would make you the richest person in the state. A look at who makes the cut.
Affluent shoppers have been the fuel for the consumer recovery since 2009. But now, they may be putting away their big wallets.
The world is getting richer as global wealth surged to 20 percent above its pre-crisis peak in 2007, according to new research by Credit Suisse.


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According to a research, the cosmetic dentistry market is expected to boom in the next 7 years. Latest advancements in the niche of dentistry have grabbed the attention of people who are now more conscious about their teeth’s appearance.
Does a gap in your front teeth make you feel conscious in public? We’ve been there. Research has shown that oral illness affects 3.9 billion individuals globally, and in the U.S., $110 billion is spent on dental care.


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Redmi A1+ will be available in three colour options and will be available on Android 12 out-of-the-box. It will be powered by a 5,000mAh battery and a dual rear camera. Redmi A1 is now available on the market, thus making it a cheaper smartphone with a clean version of Android 12.
Xiaomi has announced on Twitter that the Redmi A1+ will be launched in India on October 14. Last month, the company''s Redmi A1 made its debut in the country with an octa-core MediaTek Helio A22 SoC, an 8-megapixel dual rear camera setup, and a 5,000mAh battery.
On a dedicated microsite, Xiaomi has revealed some of the smartphone''s specifications ahead of the introduction of the Redmi A1+. The Redmi A1+ will feature a waterdrop-style notch.
According to the company''s images, the Redmi A1+ will be available in blue, green, and black colour options. However, the names of the colourways have not been disclosed. The smartphone will feature a dual front camera setup as well as a flash. The smartphone will also feature a fingerprint sensor.
According to the company''s microsite for the upcoming Redmi A1 handset, the brand''s recently launched Redmi A1 handset will be compatible with Android 12, without the company''s MIUI software skin on the top. The company also announced that the Redmi A1+ will be powered by a 5,000mAh battery.
The Redmi A1+ smartphone was previously spotted on the IMEI database with the model number 220733SFG. The company has not yet revealed the specifications for the display and processor that will be used to the smartphone, ahead of its release in the United States.


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- Grudin was VP of content and community partnerships at Meta.
- He will take on his new role at Dapper in September.
- In his new role, Grudin will drive partnerships as well as developer experience and marketing across the Dapper Labs portfolio.
Meta’s VP of content and community partnerships, Nick Grudin, today announced that he is leaving the social media giant after 12 years. Next month, Grudin will take on a new role as Chief Business Officer (CBO) at Dapper Labs.
Grudin joined Facebook in 2010 as the first hire focused on media partnerships. Over the decade, he has seen the company through its transition to mobile, growing the video ecosystem and making it a large part of how people consume media on Facebook and Instagram, to the ongoing innovation in content and the creator economy as Instagram rolls out NFTs to 100 countries.
During his tenure as VP of content and community partnerships at Meta, Grudin led global partnerships and content across video, creators, entertainment, sports, media, and community, with a focus on Facebook and Instagram.
Prior to joining Facebook, Grudin was VP of Business Development at Newsweek. He was also previously a staff writer at Los Angeles Daily News and a freelance reporter on real estate trends at New York Times.
With Grudin’s departure from Meta, his team will report directly to Justin Osofsky, VP of content and global operations. “We’re grateful for Nick’s contributions over the last 12 years and we wish him well in his future endeavors,” a Meta spokesperson told Variety. “Through his leadership, the content and community partnerships team is well positioned to innovate for years to come. Meta continues to be an incubator for great leaders and we’re excited to see what Nick does in his next chapter.”
Grudin’s appointment at Dapper Labs in September coincides with the new season of NBA Top Shot, the company’s flagship product, along with the introduction of new blockchain products and partnerships. Dapper Labs’ current CBO Mik Naayem will be promoted to president of the company.
In his new role, Grudin will be responsible for driving partnerships as well as developer experience and marketing across the Dapper Labs portfolio, which includes Dapper wallet, Flow blockchain and the Dapper Sports Studio, developer of NBA Top Shot, NFL All Day and UFC Strike.
On Tuesday, Dapper Labs announced a partnership with Super Bowl LVI Champion Los Angeles Rams on Team NFTs for the 2022 NFL season.
“With his proven track record of driving brand and customer experiences while also enabling scalable and sustained growth, Nick will help us to further accelerate our goal to bring the first billion people to the blockchain,” Dapper Labs CEO and co-founder Roham Gharegozlou said in announcing Grudin’s hire.
In a LinkedIn post, Grudin commented: “In my next chapter, I’m excited to join Roham Gharegozlou and the Dapper Labs team, where I’ll help drive mainstream adoption of decentralized technologies, and put a crypto wallet in every pocket. This technology should be accessible, easy and safe, and I’m thrilled to join a company making this vision a reality with experiences like NBA Top Shot, NFL All Day, UFC Strike, Seussibles, Genies – and much more to come!”
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India CPI Unexpectedly Eases, Boosting Chances of Rate CutSandrine Rastello
India’s retail inflation unexpectedly slowed despite crop damage from unseasonal rains, boosting the possibility that central bank Governor Raghuram Rajan will cut rates outside the review cycle for a third time this year.
Consumer prices rose 5.17 percent in March from a year earlier after a 5.37 percent increase in February, the Statistics Ministry said in a statement in New Delhi on Monday. The median of 38 estimates in a Bloomberg survey of economists had predicted a 5.41 percent gain.
Rajan refrained from lowering borrowing costs at a scheduled review last week as he waited for commercial lenders to pass on two previous cuts to customers. He said his next move would depend on data showing the balance of risks to inflation, which he’s mandated to keep below 6 percent by January.
“All the signs are positive in terms of future decreases in interest rates from the RBI,” said Madan Sabnavis, chief economist at CARE Ratings in Mumbai. “A mid-term cut in the interest rate cannot really be ruled out,” he said, referring to a cut before the next policy meeting scheduled for June 2.
While India’s inflation has slowed from an average of 6.7 percent last year, its still the second-fastest in Asia after after Indonesia. The rupee extended gains in the offshore market to 62.75 a dollar soon after the data were published. The benchmark equity gauge closed 0.6 percent in Mumbai before the release and the yield on the 10-year sovereign bond was little changed at 7.80 percent.
Unseasonal rains and hailstorms this year damaged crops including wheat, rapeseed and gram in 11.3 million hectares (27.9 million acres), Agriculture Minister Radha Mohan Singh said April 7. Wheat production may fall as much as 5 percent this year from a near-record 95.8 million tons estimated by the government in February, he said.
While the RBI can’t control food inflation, it looks to prevent it from spiraling, Rajan said on Friday. Consumer food price inflation eased to 6.14 percent in March from 6.88 percent the previous month, Monday’s data showed.
Rajan said in February that 1.5 to 2 percentage points is a reasonable real rate for India. According to the monetary authority’s forecasting model, consumer price gains will moderate to 4 percent by August due to base effects before firming up to 5.8 percent by March 2016.
Upside risks including a weak monsoon and a surge in food prices appear offset by global disinflationary tendencies and slack in the domestic economy, Rajan said last week.
While company earnings are bottoming out and industrial production accelerated in February, exports for the same month fell the most since 2009 and credit growth is at the lowest in more than five years. Rajan will lower rates both in June and August to address this weakness, according to Deutsche Bank AG economists Kaushik Das and Taimur Baig.
“Overall, the growth-inflation mix paints a picture which warrants further monetary policy accommodation,” they wrote in an April 10 report.
(A previous version of this story was corrected to say the statement was released on Monday.)


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The owner of Brookfield Square still isn’t confirming a plan to add 20,000 to 70,000 square feet at the mall, but a spokeswoman said the mall is at the kind of occupancy rate that has prompted expansions at other properties.
Katie Reinsmidt, a spokeswoman for CBL & Associates Properties Inc., said at the International Council of Shopping Centers convention on Tuesday that Brookfield Square finished 2012 with a 99 percent occupancy rate.
In other markets, Chatanooga, Tenn.-based CBL has expanded malls that consistently have occupancy rates in the high 90th percentile, Reinsmidt said.
“We want to continue to be opportunistic, to grow with our market,” she said.
I wrote a story for The Business Journal’s April 19 edition about Brookfield Square’s expansion plans after receiving a copy of a promotional brochure CBL has been circulating to brokers.
The brochure said the mall is planning 20,000 square feet of specialty shops in front of the Sears store facing east toward Moorland Road.
Industry professionals I talked to said the plan also includes a second phase with 50,000 square feet around Boston Store on the north end.
Despite the high occupancy rate at Brookfield Square, Reinsmidt said CBL isn’t convinced enough demand exists for The Corners project proposed by The Marcus Corp. for West Blue Mound Road near Barker Road in the town of Bookfield. The project would include 240,000 square feet of open-air retail along with a 140,000-square-foot Von Maur department store, the first in Wisconsin.
“In order to have an entire new project, you need to have a pretty significant amount of overdemand in the area,” she said. “A lot of times we’ve seen overdevelopment in some areas, and it can be a very delicate balance.”
Concerns that The Corners would add too much traffic to the already-busy Blue Mound Road should also be addressed, she said.


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AHMEDABAD: The Rs 800-crore Micro Inks Ltd will raise 40 million dollars through an issue on either the London or Luxembourg stock ex-change to fund its global acquisitions and expansions.
"The company has identified eight to 10 global ink manufacturing companies and one or two of these could be acquired if our requirements are met," said Vinay Pandya, director-finance of Vapi-based Micro Inks, for-merly known as Hindustan Inks & Resins.
He said that the acquisition candidates are spread over North and South Americas, Europe and Asia-Pacific regions.
"These acquisitions, if they fructify, could add Rs 100-200 crore to the company's consolidated sales," he added. Micro Inks is already the largest ink manufacturer in India. The global ink market is around $ 15 billion and Micro Inks is ranked 15th globally and 11th largest in the US, which is the largest market for inks. "The company's target is to be-come the 5th largest ink manufacturer in next five years time," said Pandya. The Indian market is estimated at around $ 200 million and Micro Inks has a 30 per cent plus market share.
The company is already exporting to 59 countries and it will further increase its penetration in future. "In 2003-04, global sales at around Rs 450 crore accounted for around 57 per cent of total revenues. We plan to raise the share of global revenues to 70-75 per cent in future," said Pandya. After India, the second largest turnover comes from the US, followed by China. "We plan to have a subsidiary in China and double the sales there to Rs 50 crore in 2004-05," he added.
Micro Inks is targeting consolidated sales of Rs 1,000 crore in FY05 with global revenues of Rs 600 crore. Currently, it is operating at just 35-40 per cent of its capacity of 180,280 tonnes. "As this capacity is enough to generate sales of Rs 2,000-2,500 crore in future, we do not need to in-vest more in manufacturing facilities. The company needs funds to set up foreign offices, subsidiaries, joint ventures as well as acquisi-tions," said Pandya.
The company's wholly-owned subsidiary in the USA, Micro Inks Corporation posted a net loss of $ 9 million in FY04 on sales of $ 63 million. "In current financial year, the losses will drop further and hope to be in the black in FY06," said Pandya.


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ABI Research says General Electric and DHL have gained from the deployment of Augmented Reality (AR) glasses during their trials.
The deployment of AR glasses can reduce travel costs and optimize resources by resolving issues with AR’s real-time remote support that enables communication with remote colleagues, and displays all relevant information like guidelines, and check lists in the field of view.
DHL Supply Chain has observed that its average productivity has improved by at least 15 percent after the deployment of AR glasses. DHL will expand AR solutions across different industry sectors. DHL Supply Chain earlier completed smart glass trials in numerous pilot sites across the U.S., mainland Europe, the UK, and the Netherlands.
DHL has partnered with hardware companies including Vuzix (M100 and M300 Smart Glasses) and Google, along with software provider Ubimax, for their AR logistics solutions.
General Electric achieved 46 percent performance increase using smart glasses on Upskill’s Skylight platform in warehousing and logistics.
“More universal AR use cases, including maintenance and repair, training, and navigation, can be incredibly useful in various parts of the logistic market,” said Eric Abbruzzese, principal analyst at ABI Research.
ABI Research said the main concerns for the early adopters of AR include device comfort, battery, usability, and robustness.
Logistics will account for 24 percent of Augmented Reality (AR) glasses shipments in 2017, according to ABI Research.
The shipments of smart glasses for logistics are expected to generate revenue of $4.4 billion in 2022 from $52.9 million in 2017.
“AR smart glasses pick-by-vision capability frees workers’ hands of traditional paper lists and picking instructions and enables them to work comfortably, safely, and efficiently in warehouses. AR streamlines the work process, and in turn offers compelling ROI to adopters through reduced errors and higher efficiency,” said Marina Lu, senior analyst at ABI Research.
IT market research agency IDC says the combined augmented reality (AR) and virtual reality (VR) headset market will reach 13.7 million units in 2017, growing to 81.2 million units by 2021 with a compound annual growth rate (CAGR) of 56.1 percent.
VR headsets will account for more than 90 percent of the market until 2019 while AR will account for the rest.
“AR headsets are also on track to account for over $30 billion in revenue by 2021, almost twice that of VR, as most of the AR headsets will carry much higher average selling prices with earlier adopters being the commercial segment,” said Jitesh Ubrani, senior research analyst for IDC Mobile Device Trackers.
IDC said most consumers will experience AR on mobile devices, though it’s only a matter of time before Apple’s ARKit- and Google’s ARCore-enabled apps make their way into consumer grade headsets.


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The Scoop: As digital ads become more relevant and consumers demand more control over their privacy, dating businesses find themselves at a crossroads. That’s why the Digital Advertising Alliance created the AdChoices program, which makes interest-based online ads transparent — providing benefits to both sides. By clicking the AdChoices icon on an advertisement, a consumer can see whether information is being collected and by whom, and they can opt out of that data collection and use for interest-based advertising. The DAA remains a champion for responsible self-regulation in digital advertising, providing guidance and tools around new technological developments, such as cross-device data tracking and in-app ads.
Spending on digital advertising is predicted to increase 16% in 2017 to a staggering $83 billion, underscoring its importance to commercial marketing efforts. As the ad industry continues to expand with the addition of new ad channels and mobile platforms, consumers are expressing a desire for more control over their personal information, which dating businesses use to provide more relevant and targeted ads.
Online advertising helps support the free content, products, and services consumers get on the internet. But meeting the need for privacy while still effectively delivering ads can be a delicate balancing act. That’s why the Digital Advertising Alliance is on a mission to help advertisers embrace transparency through self-regulation while giving consumers choices about the types of ads they see — and the information used to deliver them.
The DAA, an independent nonprofit organization that promotes responsible privacy practices, launched the AdChoices program seven years ago to enhance trust and confidence in digital advertising.
When consumers click on an AdChoices icon, they have access to real-time control over whether to share information for interest-based advertising — which will affect the ads they see in the future. Today, AdChoices is the business standard across the web.
“AdChoices icons are being delivered at a rate of a trillion times a month, globally,” said Lou Mastria, CIPP, CISSP, Executive Director at the DAA. “That demonstrates it is a responsible industry that can take important matters into its own hands.”
In addition to transparency, the guiding principles for the DAA and its industry partners include consumer control, data security, and clear accountability for all ads — including those from third parties and service providers.
As digital advertising becomes more prevalent — and necessary — the DAA fosters a trust between consumers and businesses by showing a good faith effort on the part of companies to respect privacy and choice.
AdChoices Icon Inspires Consumer Trust Across the Web
The AdChoices icon may be one of the most prevalent symbols on the internet today, usually appearing in the corner of digital ads worldwide. Companies that place the AdChoices icon in their advertisements show a commitment to the transparency and privacy that modern digital consumers expect.
“The icon inspires confidence not only in the advertiser, but also the process and the program,” Lou said. “That means brand integrity, which is why companies look to this program and want to embrace it.”
AdChoices is designed for easy implementation, and the icon is simple to place on ads designed for desktop, mobile, or app. When consumers click on the icon, they can view information on collection practices, including how specific ads end up in front of them, and they can access tools that allow them to opt out of data collection for interest-based advertising.
That doesn’t mean they won’t see any online ads — in fact, they’ll see the same number of ads. What opting out means is that advertisements won’t be as personalized. That’s why many consumers choose to keep providing their information — while still appreciating the transparency and control.
“Those privacy controls and safeguards didn’t exist before AdChoices,” Lou said. “At that time, you were lucky to be able to do it on your own website; now we can implement it throughout the web.”
As modern technology advances, the DAA can keep up with new channels, platforms, and consumer expectations because it is self-regulated, helping the organization stay on pace with innovation.
Self-Regulation Means Faster Response to Advertising Industry Challenges
The government’s inability to promptly pass legislation on matters that affect daily life can be frustrating, especially when it comes to consumer privacy and technology. While a bill makes its way through Congress, new technology and digital marketing techniques can emerge to make an issue obsolete before a vote takes place. That’s why self-regulation is especially essential in the advertising industry.
“We can innovate a lot faster than legislation can. Seven years ago, everyone was focused on desktop. Now the focus is mobile web and apps,” Lou told us. “In that time, DAA has updated its code three separate times — including for mobile and cross-device practices — giving companies and consumers a feeling of confidence.”
The DAA’s quick response to issues is what the industry demands, while relying on legislative measures would only lead to fewer choices for consumers — and diminished trust for brands. As a result, the DAA has set up robust regulation protocols that help businesses stay compliant with the organization’s code for cross-device and in-app advertising, beginning with its scope. The organization even holds the DAA Summit each year to talk about best practices and emerging trends.
“We don’t just regulate the companies that are part of DAA; we regulate the entire interest-based advertising market,” Lou said. “It isn’t just a club, it is market-wide self-regulation, which is critical.”
The DAA’s enforcement function, run by the Council of Better Business Bureaus and the Data and Marketing Association, has complete independence to identify and take action to address any businesses that are not following the organization’s guiding principles.
“We don’t know who is being audited and for what, and I won’t find out until it shows up in the press, and that is the way it ought to be. Investigations are handled away from DAA,” Lou said. “It is part of the firewall between the DAA and the accountability programs to make sure that there is integrity in the program.”
The DAA believes that separation is key to its integrity in the industry, and is committed to increasing its oversight to ensure that impartiality as both technology and digital advertising evolve.
In-App & Cross-Device: Helping Brands Address Transitions to Emerging Tech
Updating its code for cross-device and in-app advertising shows how the DAA regularly addresses new technologies and strategies. As mobile browsing became more prevalent, the cross-device guidelines directed companies to halt all data collection for interest-based advertising linked to a device once consumers choose to opt out on that device.
The DAA adjusted to a mobile-first approach because of the shift in consumer sentiment, which is why it also focuses on another popular aspect of the mobile experience: In-app advertisements.
“We have extended that same user interface into the in-app environment with a product called AppChoices,” Lou said. “We have 40+ companies on that platform that allows consumers to experience the same AdChoices user interface you get on the web within the app.”
Consumers can download the AppChoices mobile app to find information on the ads served by DAA participants and choose whether to opt out of data collection. The app was developed based on consumer sentiment to have the same ad choices and experience on their mobile devices.
“We asked consumers, and they enjoy that feeling of comfort that comes from consistency and the ability to maintain control, irrespective of the platform,” Lou said.
That also builds value for companies who want to maintain the trust that comes from being a member of the program across digital channels. The DAA’s commitment to transparency in emerging channels has earned it praise from government regulators, as well.
In its latest cross-device report, the Federal Trade Commission (FTC) lauded the DAA for keeping up with modern technologies, providing guidance, and improving consumer protection in the marketplace.
Providing Businesses the Foundation to Be Proactive About Privacy and Trust
The prevalence of digital advertising will continue as targeting strategies become more efficient. But, as consumers today demand more control over their data and privacy, something has to give. The DAA is helping businesses give consumers choices while maintaining effective ad campaigns and securing brand trust.
The organization has come a long way since it introduced AdChoices in 2010 when the overwhelming majority of consumers were using desktops throughout their customer journey. Now, the DAA has innovated cross-device and in-app tools that allow companies to show a transparency that is appreciated by an increasingly privacy-centric online audience.
“We are starting to create a world where, if you make a choice on a device, you know that choice is going to be honored in a very robust way,” Lou said. “I think that is important for consumer confidence and brand confidence.”
The program also helps marketers become more knowledgeable about what consumers want on emerging advertising channels.
“Marketers need to think about the future, but they also need to ground the conversation in what is happening today,” Lou said. “They need to think about in-app, cross-device, and how their development works with the AdChoices program — and we offer them a way to do that.”


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(Tokyo) -- The same credit crunch that caused a more than 30-percent decline in sales for GM and Ford and a 53-percent tumble for Chrysler last month has affected the world's largest automaker too.
Toyota Motor Corp says it will close all of its Japanese factories for eleven days in February and March to offset slumping demand.
Toyota sales were off 37-percent in December.
Hyundai Motors is reporting a 48-percent drop for the month.
South Korea is taking a page from President-elect Barack Obama's book announcing it will create nearly 142-thousand jobs this year with a 38-billion-dollar plan to improve the national infrastructure.
China, meanwhile, is dealing with rising unemployment and potential riots as orders from abroad go into a slump.
In spite of the continuing dire numbers from manufacturers overseas markets are rallying this week.
Japan's Nikkei average hit a two-month high and stocks around the Asia-Pacific region rose for a seventh-straight session Tuesday.
Oil prices are also rising thanks to an OPEC production cut and investor worries about slumping demand.
(Copyright 2009 by Newsroom Solutions)


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Volkswagen unveiled the A7 Golf R, the latest souped-up version of its basic economy hatchback that has 296 horsepower and can accelerate from zero to 60 mph in less than five seconds. The car has a top speed of 155 miles an hour.
But the most impressive – or shocking – number is its price: more than $51,000, based on the expected starting price of €38,325 in Germany.
The car goes on sale in Europe later this year. A VW spokeswoman told Speakeasy the company has not decided whether it will sell the car in the U.S. If it does, sales would probably begin at the end of 2014 or beginning of 2015.


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Topman removes shirts 'glamourising' domestic violence
Topman has withdrawn two T-shirts from its stores after a Twitter backlash which claimed that the T-shirts' slogans were misogynistic and condoned domestic violence.
The text on one of the printed T-shirts read, "I’m so sorry, but", followed by a series of excuses including, "You provoked me", "I was drunk" and "I couldn’t help it".
The other T-shirt had the text, "Nice new girlfriend", followed by "What breed is she?" immediately underneath.
Topman, which is owned by the Arcadia group, received a barrage of criticism on social media sites, including a comment from Twitter user Sofia Farelli, who labelled the "What breed is she?" shirt "beyond disgusting."
A thread on Mumsnet called, "OMFG! Topman glamourising domestic violence" had received 68 posts at the time of writing.
Topman has apologised for any offence caused by the T-shirts and insisted they were designed to be "light-hearted". The retailer said in a statement: "Whilst we would like to stress that these T-shirts were meant to be light-hearted and carried no serious meaning, we have made the decision to remove these from store and online as soon as possible.
"We would like to apologise to those who may have been offended by these designs."
Arcadia-owned Topshop has received negative publicity of late, with allegations of tax avoidance.
Protest group UK Uncut has organised a number of protests in Topshop, including its flagship store on Oxford Street, which have caused the retailer to close the stores while the protestors were removed.
This article was first published on marketingmagazine.co.uk
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Xiaomi has revealed that the Redmi 10 Prime will be released in the country on September 3. They have been teasing a Redmi phone for the last few days but have now revealed the phone and launch date.
They also revealed that it will be powered by the MediaTek Helio G88 budget gaming chipset. This generated some reactions as the ‘Prime’ variant of the Redmi series usually comes with a different chipset from the global version. The global version of the Redmi 10 Prime is the Redmi 10 and it comes with a MediaTek Helio G88 chipset.
Even if we compare the last year’s model, the Redmi 9 Prime comes with a Mediatek Helio G80 chipset while its global variant, the Redmi 9, comes with a MediaTek Helio G35 chipset. It is not as if the G88 chipset shouldn’t be used on the Redmi 9 Prime but that’s an unfamiliar move.
If the Redmi 10 Prime is announced today in India, it will make it the first device with a MediaTek Helio G88 chipset in the Indian smartphone market. The Helio G88 is a good chipset that comes with an LPPDR4x RAM, eMMC 5.1 storage, and a 90Hz screen refresh rate support.
It also supports up to 64-megapixel cameras, Wi-Fi 5, and Bluetooth 5.0. The Redmi 10 Prime is teased to come with a huge upgrade over its predecessor – Redmi 9 Prime. It will likely arrive with the same design as the global Redmi 10 and specifications.
For example, it may feature a 6.5-inch IPS LCD screen with an FHD+ resolution of 2400 x 1080 pixels and a 90Hz refresh rate. It may come with a Corning Gorilla Glass 3 protection upfront. The phone might also come in 4GB RAM + 64GB ROM version as well as 6GB RAM and 128GB ROM.


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LONDON—The European hotel industry posted mostly positive results in year-over-year metrics when reported in U.S. dollars, euros and British pounds for March 2012, according to data compiled by STR Global.
Year-over-year, March 2012 figures for Europe (U.S. dollars, euros and British pounds):
ADR (U.S. dollars)
ADR (British pounds)
RevPAR (U.S. dollars)
RevPAR (British pounds)
Source: STR Global
“After several weak months of moderate rate growth in the European hotel market, March reported a 3.0-percent ADR increase, yet occupancy for the month remained flat”, said Elizabeth Randall, managing director of STR Global. “The recent reprieve in the economic environment across Europe seems to as well apply to the Europe hotel market as we are seeing signs of improvement and subtle growth”.
Highlights from key market performers for March 2012 include (year-over-year comparisons, all currency in euros):
Reykjavik, Iceland, rose 17.9 percent in occupancy to 66.8 percent, reporting the largest increase in that metric, followed by Tallinn, Estonia (+17.5 percent to 52.1 percent), and Prague, Czech Republic (+12.0 percent to 60.6 percent).
Vienna, Austria, posted the largest occupancy decrease, falling 8.7 percent to 67.5 percent.
• Two markets experienced double-digit ADR increases: Tel Aviv, Israel (+16.4 percent to EUR183.12), and Paris, France (+13.5 percent to EUR235.22).
Frankfurt, Germany (-10.7 percent to EUR117.67), and Vilnius, Lithuania (-10.4 percent to EUR50.13), reported the largest ADR decreases for the month.
Three markets achieved RevPAR increases of more than 15 percent: Tallinn (+28.4 percent to EUR31.54); Prague (+17.1 percent to EUR40.11); and Reykjavik (+16.7 percent to EUR37.99).
Vienna dropped 17.4 percent in RevPAR to EUR66.53, reporting the largest decrease in that metric.
In the first quarter of 2012, the region reported a 0.8-percent increase in occupancy to 57.5 percent, a 1.7-percent rise in ADR to EUR97.45 and a 2.5-percent increase to EUR56.07.
Performances of key countries in March 2012 (all monetary units in local currency):
*percentages are increases/decreases for March 2012 vs. March 2011
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Can you really be said to have a TV comic book adaptation, or superhero cinematic universe, if you don’t have Patton Oswalt come in to play a character at some point? Oswalt, a devoted fan of all things
The comedian and actor has joined season 2 of the acclaimed Amazon Prime series in a secret role. Series showrunner Eric Kripke made the announcement on Thursday via Twitter, sharing a selfie of himself
The Nerdist Channel just released a video that hits some very important demographic points: Star Wars fans, comedy fans, Patton Oswalt fans, indie-film fans, and karaoke. (Okay, that might all be one In
Baseball in October can be a stressful time for players, managers, and fans as there is a lot on the line every time a game begins. Don’t tell that to Atlana Braves second baseman Ozzie Albies, though.
Patreon, the membership and payment platform for independent artists and their fans, appears to be banking on celebrity. The platform has announced a new invite-only "digital summit" that it's calling
Patton Oswalt has weighed in rather spectacularly about yesterday’s Internet kerfuffle over new Daily Show host Trevor Noah’s old, disappointing tweets. In a 53-part Twitter “essay” that we’ve embedded


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Third time's still a charm for Cessna's display trailer.
Case Study Details
When Cessna was looking for a way to strengthen its dealer network relationships, they turned to Featherlite Trailers to renovate an existing display trailer that had belonged to Columbia Aircraft. The final product turned out so well, Cessna had a hard time believing that the unit had been refurbished not once but twice.
Featherlite originally designed the trailer for Rubbermaid in 2000 and refurbished it for Columbia Aircraft in 2006.
“Columbia used this trailer as a marketing stand,” Scott Faris, mockup program manager at Cessna, said. “They had some desks in there, some videos, TVs and things like that.”
When Cessna purchased Columbia Aircraft, they also bought the trailer. While Cessna had been designing a new trailer to showcase the propeller side of their product line, the discovery of the old one prompted them to consider refurbishment.
“Once we got this trailer, the basic structure was halfway what we wanted anyway,” Faris said. “We figured the best way to get it updated was with the company that made it.”
The initial designs called for limited reworking of the Columbia trailer, but the remodeling quickly became more extensive. A dozen revisions were made to the drawings and use concepts. Despite the complete remodeling, Featherlite rose to the challenge.
“Featherlite took an eight year old trailer that had a lot of wear and tear, as well as Columbia’s branding all over it,” Faris said. “They turned it into something that looks like it just came off the assembly line. You can only tell it’s not new if you peek into certain places.”
The new propeller display trailer has made Cessna a believer in refurbishment by Featherlite.
“We would definitely refurbish (our jet fuselage display trailer), especially now that we’ve seen what Featherlite can do,” Faris said. “Right now we would not even hesitate.”
In addition to Featherlite’s workmanship, Faris was impressed with the company’s customer service.
“Featherlite has always treated Cessna as a special relationship,” Faris said. “We really appreciate that and appreciate what they do for us, and we hope to have a very long relationship with them.”
For more information on how to put an event marketing or display specialty trailer to work for your company or organization, call Featherlite Specialty Sales at 800-800-1230.


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Patient investors tend to do better in the stock market as the S&P 500 has risen almost 270% over the past decade and is setting new records.
That long-term outlook will serve marijuana investors well considering the Horizons Marijuana Life Sciences ETF is down 21% since it was created in 2017 compared to a 94% gain by the broad market index.
That doesn't mean all cannabis stocks will need decades before generating a return for investors, but a buy-and-hold philosophy will ensure your portfolio's gains will be maximized. That's why the following pair of marijuana stocks should be on every pot stock investor's radar because they offer the best chance for providing near-term rewards as well as substantial returns for years to come.
One of the largest vertically integrated multi-state operators (MSO) in the country, Cresco Labs (CRLBF 0.81%) is taking a two-pronged approach to growth. On the one hand it has its retail operations that feature some 37 dispensaries and 20 production facilities, and on the other it operates an extensive and industry-leading wholesale business. The combination gives it a unique one-two punch.
Based on the total number of licenses it holds, Cresco could have as many as 50 retail locations to its credit. And when its acquisition of Cure Pennsylvania closes in the fourth quarter, it will be adding three more.
Its retail business also tends to concentrate on limited license markets, such as Illinois, Ohio, and Pennsylvania, where regulators limit just how many dispensaries can open or how many stores a single company can operate. While that can put a ceiling on its own growth potential, it also limits the number of rivals it has to face in the marketplace.
Yet it also has a presence in California, the world's largest marijuana market, following its acquisition of Origin House in 2020, allowing it to embed its own branded cannabis products into more than 575 dispensaries throughout the state.
While the wholesale cannabis business typically produces lower margins than retail, it will be able to make up in volume what it might otherwise lose in profit.
Wall Street expects that's likely to happen as analysts forecast revenue will nearly quadruple between 2020 and 2024, growing from $476 million to $1.57 billion. It's also anticipated Cresco will hit the ground running on profitability beginning next year, and won't look back after that.
With its stock down 21% year to date, Cresco Labs looks like a marijuana stock investors can hold onto for decades.
Green Thumb Industries
Another MSO, Green Thumb Industries (GTBIF 3.52%), has one of the largest physical footprints in the U.S. among marijuana stocks with 65 operating dispensaries, 16 manufacturing facilities, and licenses for 114 dispensaries. Moreover, it has enough retail licenses to open another four dozen retail locations.
Like Cresco, many of Green Thumb's retail stores are located in limited license states while also focusing on high-dollar states. It believes the approach will let it build up its brands as the ones sought out by customers, enabling it to develop a loyal following. Its leading dispensary chain, Rise, has stores in nine states.
To Green Thumb's benefit, it offers a broad mix of cannabis products and derives a majority of its revenue from higher-margin derivative products such as vapes, edibles, oils, and infused beverages. And because derivatives are less prone to oversupply issues compared to dried cannabis flower, they allow for recurring profitability.
One of the things separating Green Thumb from Cresco is that it's been profitable on a recurring basis for a year, though that was at least partially a result of taking fair value adjustments on equity investments. But analysts foresee profits expanding exponentially over the next few years.
Where Green Thumb had earnings according to generally accepted accounting principles (GAAP) of $15 million in 2020, it's forecast to produce some $322 million in 2024, a 21-time increase. Revenue is expected to increase a more modest four times, to over $2.1 billion. This is one cannabis company that can also be held onto long-term.