text: CFK has formally announced the release date of Princess Maker: Go! Go! Princess<\/em> for Nintendo Switch owners outside of Japan. They previously announced the release date for Princess Maker: Faery Tales Come True<\/em>.\r\n\r\nBoth titles will be released digitally on the same day.\r\n\r\n[embed]https:\/\/youtu.be\/HbUr3BjYuGo[\/embed]\r\n\r\nThe Princess Maker<\/em> series puts the player in charge of raising a "daughter." Depending on the player's decisions, the daughter can turn out to be a princess who's dreams come true or have the worst fate.\r\n\r\nThe game has an interactive interface where players can schedule their daughter's daily activities. There is usually a helper to assist the player in making the best choices.\r\n\r\nPrincess Maker: Go! Go! Princess<\/em> changes up the formula by turning the series into a board game.\r\n\r\nThe official Nintendo Switch game site states: "The elements of the Princess Maker<\/em> series remain intact! The ability status is up through various events, training, and part-time jobs in the field! Rival, study, part-time job and love.... The tumultuous eight years will begin on the board!"\r\n\r\nThe game features the protagonists from the previous Princess Maker<\/em> games, plus one new character. Two helpers will assist users during the game: Uzu and Cube, the navigator. \r\n\r\nPlayers will use dice to roll their daughter's fate. There are over 100 events on the board, from daily activities to fighting monsters. Gamers have eight in-game years to make their daughter's dreams come true.\r\n \r\nThe series was previously single-player, and this is a multiplayer game. Up to four players can compete to create a princess and win the game. The Nintendo Switch game website states that it supports the save data cloud as part of a Switch Online membership.\r\n\r\nAs many long-time Princess Maker<\/em> fans know, this is a port of a much older game, but it has been formatted for the Nintendo Switch. CFK also states on the official YouTube trailer is titled "Nintendo Switch \/ Steam Promotion Video," which means it may be released on PC soon.\r\n\r\nPrincess Maker: Go! Go! Princess<\/em> will be released on the Nintendo Switch on December 23, 2019, in North America. The Japanese release comes later this week on December 12, 2019. No physical release has been announced. During the game's launch, it will have a slight discount for a limited time.


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ADMA calls for entries for Young Marketer/Creative of the Year
ADMA has opened entries for the 2015 Young Marketer and Young Creative of the year. Entires close on 4 September. The under-30 finalists get not only the kudos of the accolade, but an all-expenses paid trip to New York to meet Madison Avenue's finest. The Young Marketer award is judged on career achievements to date, while Young Creative is on artistic talents demonstrated in creative a campaign concept that can be used to promote the competition in the following year.
Ooh!Media announces two contract wins
Ooh!Media has won exclusive contracts with two shopping centre groups increasing its retail out of home (OOH) centre network by 26. Ooh!Media now has long term advertising rights to 20 centres owned by ISPT and the Core Group Property and six in metropolitan and regional New South Wales and QLD managed by McConaghy Retail.
Agency creatives launch women's group MissCollective
Isobar Melbourne creative director Kara Jenkins and Reactive Group Account director Stephanie Webster have launched a group for professional Melbourne women called MissCollective. The duo, who have spent the last four years running the Melbourne arm of SheSays launched the new group to help empower personal success for women through inspiration, education and creation. It will run workshops and breakfast meetups and has partnered with co-working space Blix Space in Port Melbourne, to foster collaboration and nurture creativity.
Walk this way
Walking Dead will be back on FX in October as Fox reveals it will air the new season in 12 countries – including Australia – within hours of its first US broadcast on 12 October. The series, which kicks off with a 90-minute episode will be available first exclusively on Foxtel's FX channel.
Watch the trailer here:
Have something to say on this? Share your views in the comments section below. Or if you have a news story or tip-off, drop us a line at firstname.lastname@example.org

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You may have accounts on all the right social media platforms, but are people seeing your posts?
At G&W we believe that advertising is one of the most effective way to get your brand out there.
“Not advertising on social media might amount to shooting yourself in the foot, contends Randy Parker, founder and CEO of PagePart.com. ‘Social media advertising is not only viable, it’s practically mandatory and quite powerful.’ Here’s how to make it work (and pay off).”
To some entrepreneurs, social media marketing is the “next big thing,” a temporary yet powerful fad that must be taken advantage of while it’s still in the spotlight. To others, it’s a buzzword with no practical advantages and a steep, complicated learning curve.
Because it appeared quickly, social media has developed a reputation by some for being a passing marketing interest, and therefore, an unprofitable one. The statistics, however, illustrate a different picture. According to Hubspot, 92% of marketers in 2014 claimed that social media marketing was important for their business, with 80% indicating their efforts increased traffic to their websites. And according to Social Media Examiner, 97% of marketers are currently participating in social media—but 85% of participants aren’t sure what social media tools are the best to use.
The election is over and the numbers are in…digital media is playing a bigger role in political campaigns.
Cell phones are becoming increasingly popular in how Americans are following political campaigns, platforms and poll results. Using Twitter and Facebook will increase your odds of being seen and getting your political platform out there.
Do you know what platforms you should be using and how to demographically target your market on each?
Automated or manual buying? What do you think are the positives and the negatives? “How big is programmatic advertising? It’s on track to be $20 billion big. This once small piece of the ad industry—the automated buying and selling of digital ads—is set to double from this year’s $10 billion to $20 billion in 2016, according to eMarketer’s latest report.”
Big changes happen at G&W in the month of October, we are moving to a larger office at 320 N Judd Parkway in Fuquay-Varina, NC and we will be adding some amazing team members to the roster. Look for more updates soon!


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Over the past 65 years, Epec has had numerous achievements, including having manufactured printed circuit boards for the Apollo 11 space flight that landed the first humans, Neil Armstrong and Edwin “Buzz” Aldrin, Jr., on Earth’s Moon.
“We are excited to have reached another milestone here at Epec. Our customers and employees across the world are the reason why we have been able to be successful for so many years” said Ed McMahon, CEO of Epec.
Another accomplishment under McMahon’s leadership was the acquisition of more than 16 distressed electronic manufacturing companies from 1999-2016.
New products based on Epec’s 65 years of history with PCBs will continue to help it grow. While printed circuits boards are still a large part of the business, Epec moved into other PCB-based products in 2005 to help offset the decline of PCBs in North America. Today, these new products represent 40% of the $50 million in revenue.
As the New Year begins, so does another chapter in Epec’s history. What will not change in 2017 is Epec’s dedication and determination to put customers first.


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Robert Rodriguez has quietly been at work as Halston’s new chief creative director for the past two months.
He succeeds Marie Mazelis, who exited the company just as quietly after a seven-year run. The announcement of a new creative head follows last year’s news of Halston finalizing a licensing deal with Groupe JS International to produce and distribute sportswear and dresses under the Halston label.
In a phone interview Monday, Rodriguez said he will continue to be based in Los Angeles, but will travel regularly to New York. In July, the designer closed his signature company, which he had started in 2003. That decision was made due to the climate of the fashion industry and the fact that he couldn’t afford to keep the company going financially.
His own label was acquired by the Jones Apparel Group in 2009. After his five-year contract with Jones ran its course, Rodriguez decided to leave and acquired his name back from Jones. Rodriguez later relaunched the company as R/R Studio exclusively with Barneys New York in 2016. Last summer he decided to pursue other ventures and this fit the bill. He said, “I really wanted to lead an iconic name and Halston is one of those.”
Thus far, most of his time at Halston has been spent focusing on re-branding with an in-house team. Rodriguez said of the company’s namesake Roy Halston Frowick, “He really has such a strong DNA and I really wanted to bring that back to what is current and what is now. If you look at his archives and what he has done in the past, there are so many references that are really current and relevant to today’s world. I want to continue that. For me, it’s reinterpreting his iconic signature into what women wear today. That is my goal.”
Through the years, Marco Zanini, Marios Schwab and Sarah Jessica Parker are among the creatives who have tried to reinvent the Halston label. As for whether Rodriguez is nervous, since others have tried and failed, he said, “I don’t really look at what’s been done, or who did what in the past. For me, it’s more about what can be done today and where can I take the look to the future and make it relevant in today’s world. I like to stay focused and current. What am I going to do to bring Halston into the 21st century and what would he have done, if he was still here.”
For starters, a sportswear collection will be launched since the focus previously has been on eveningwear and dresses. Next month, a select number of fall styles will be unveiled in Halston’s New York showroom, but Rodriguez said his launch is planned for pre-spring and spring 2021. The collection will be more elevated, and the price range will reflect that, due to better fabrics, silhouettes and embellishments. The label is predominantly produced in Asia. At this time, the collection “is definitely not contemporary. It’s probably going to go more into the bridge department,” the Havana-born-designer said.
After studying at the Fashion Institute of Technology, Rodriguez started his career at Christian Dior New York before moving on to Laundry by Shelli Segal, where he first worked with Andrea Scoli, who is now Halston’s president.
With eight divisions, Groupe JS International has an assortment of distribution channels and brands, including Theia, Amur, Flor et.al, and JS Collections.


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It was a rainy Sunday afternoon in January, and a pair of black-and-white bike riding cards was among the items on the counter at the West End Bicycles store in Burlington, Vermont.
The card, made by a company called Bicycle Playing Cards, was one of a number of promotional items that the company was selling on a shoestring budget in a bid to promote its bicycle-playing cards.
“It’s a little bit of a joke,” said Ben Williams, a spokesperson for Bicycle Playing.
“We’re trying to sell a bunch of products, and we’re hoping people will give us money.”
The cards were first made by Bicycle Playing and are made with the Bicycle Playing logo, which the company describes as a “uniquely American bicycle riding logo.”
The company also says that the cards are printed on “high quality” Bicycle Playing card stock and are backed by a two-year warranty.
“We have made a business out of selling these cards, and the people who are buying them are making money,” Williams said.
Williams said the company has been trying to find a distributor in the US since February, when the cards were launched, and hopes to sell some of them in Vermont.
The cards feature an image of the Statue of Liberty holding a bicycle and a message: “Go ride.”
The Bicycle Playing website says that it is a bicycle-oriented company and that the card is a promotional tool for the company.
The company has raised over $50,000 in crowdfunding, Williams said, and it expects to sell at least one card per month through the end of the year.
In a blog post last year, Williams wrote that the bicycle-riding cards were “a product that was made for bicycle riding.”
Williams also told the Burlington Free Press that Bicycle Playing is selling the cards for $30 apiece and said they would soon have more products in stock.


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CHICAGO, March 20, (Reuters) - Russia will suspend imports from three U.S. poultry plants beginning March 27, one of which is owned by Tyson Foods Inc (TSN.N), the largest U.S. chicken producer, USDA said this week.
No reason was given in USDA report for the suspensions and Tyson said on Friday it was looking into the action against its Cumming, Georgia, chicken plant.
The two other plants include Sanderson Farm Inc’s (SAFM.O) chicken plant at Hammond, Louisiana, and the Peco Foods Inc poultry plant at Canton, Mississippi.
“We are trying to find out why the Russians want to stop shipments from Cumming plant, which is operating smoothly and continues to produce safe, high quality products,” Tyson spokesman Gary Mickelson said in an email. “Since we have other U.S. poultry plants that are approved to ship to Russia, the suspension of the Cumming facility should not affect our overall international sales.”
Russia is the largest importer of U.S. chicken.


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Travel Site Breached, E-mails Exposed
DATA LOSSMarch 25, 2011
A travel Web site is alerting customers that their personal information may have been breached. TripAdvisor says someone has breached its network and stolen e-mail addresses for an undisclosed number of its members, CNET reports. "We've confirmed the source of the vulnerability and shut it down," said the company's co-founder and chief executive, Steve Kaufer, in an e-mail. "We're taking this incident very seriously and are actively pursuing the matter with law enforcement." He added that passwords were not accessed. "Unfortunately, this sort of data theft is becoming more common across many industries," he said. An online entertainment retailer reported a breach that exposed users' names and e-mail addresses earlier this week.


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Since May, the number of new cases in a single day in India has exceeded 400,000 consecutive times. The new corona epidemic is raging in India, affecting the new product launch events of mobile phone manufacturers. On May 12, according to media reports, ASUS originally planned to hold a new product launch conference in India on May 12, local time, and the notebooks and ZenFone 8 series flagships that were to be released were forced to cancel.
This time only for the Indian region, the Asus ZenFone 8 series flagship global launch conference will still be held as scheduled, and flagship products such as ZenFone 8 and ZenFone 8 Flip will be launched.
According to previously revealed information, ASUS ZenFone 8 is the previously rumored ZenFone 8 mini. It has a 5.92-inch full screen, is equipped with a Qualcomm Snapdragon 888 flagship processor, a 64 million main camera at the rear, a battery capacity of 4000mAh, and supports 30W flash charging.
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ZenFone 8 Flip continues the flip lens design of ZenFone 7. The rear camera can be turned into a front lens by turning 180 degrees. The screen size is 6.67 inches, the battery capacity is 5000mAh, and it is also equipped with the Snapdragon 888 flagship processor.
In summary, this time Asustek will bring two flagship phones, one will be a small-screen flagship, and the other will be a large-screen flagship. More details will be announced at the new product launch conference.
If you like our news and you want to see such news even further, then follow RealMi Central on Telegram (RealMi Central, Xiaomi, Apple, Realme, RMC Gaming, Samsung, Microsoft, OnePlus, Huawei/Honor, Android 12), Twitter, Facebook (Page) (Group) & Instagram.


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Vulcan Real Estate made its first buy in downtown Bellevue by picking up the 60,000-square-foot Bellevue Plaza for $45.35 million
Vulcan Real Estate made its first buy in downtown Bellevue by picking up the 60,000-square-foot Bellevue Plaza for $45.35 million.
The retail complex, at 117 106th Ave. NE, sits on 3.4 acres and is about 75 percent leased, Vulcan said in a statement.
The new owner doesn’t have immediate plans to redevelop the shopping center, but plans to find new residential and retail uses for the property in the future. In the meantime, Wallace Properties will handle leasing.
“Bellevue is a major economic driver in the region, and is home to a growing number of residents and companies,” Ada Healey, vice president of real estate at Vulcan, said in a statement. “Our purchase of Bellevue Plaza aligns with our focus on expanding our Pacific Northwest portfolio with value-add investments and urban infill projects.”
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Vulcan Real Estate, started by Microsoft co-founder Paul Allen and most closely associated with development in Seattle’s South Lake Union area, manages close to $2 billion worth of real estate assets including office, biotech, residential, and mixed-use properties.


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Shocker Composites and R&M International are developing a supply chain of recycled CF that has zero decomposition, lower cost, and a length close to the structural characteristics of
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Anyone who has watched the 1967 classic film "Graduate" starring Dustin Hoffman knows that plastic is not usually a sexy ind
Use resistance and pressure flow equations to analyze fluctuating output. #processingtips #bestpractices
The cause of periodic fluctuations can be confirmed by simply ch
The Ministry of Trade and Industry handed over the Shared Service Facility (SSF) to a farmer group in Barangay Batad, San Remezio, Cebu. Sugarcane juice is processed through SSF. /DTI photo
Cryptocurrencies follow the market closely, and to make matters worse, the volatility is still high and the decline is even greater
The thermoplastic polyurethane market is valued at US$2,326
The Morrisville, Pennsylvania plant specializes in providing clean composite materials for medical device customers.
In the new clean compound plant. Image source: Americhem
Extruded 3D printer manufacturer Tumaker demonstrated its latest IDEX 3D printer on Formnext 2021.
The Tumaker Pro Dual series was launched earlier this year, and unlike most double extrusion
Performance Elastomers produces dense and sponge elastomer products for use in recreational vehicles, automotive aftermarkets, ships and heavy equipment.
Performance Elastomers is headquarter


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Most Americans hear about inflation on the news and they really don't understand much about it, except that it is associated with rising prices. Rarely, if ever, does a news report explain why prices rise, and thus mischaracterize its meaning.
Inflation is actually an increase in the supply of money. It can happen naturally, like say for instance if a factory opens up in a local town and creates jobs, thus increasing the local supply of wealth. More commonly, especially as more and more of our production jobs are shipped overseas or simply collapse and fail, inflation is generated by the Federal Reserve and its printing press.
The reason inflation causes a rise in prices is simply relative to the law of supply and demand. Resources are always scarce, so a higher demand creates scarcity which drives up prices. More wealth, in general, increases demand and so prices must rise. In our local town, this wouldn't be so painful, since the inflation would generally be associated with a rise in the standard of living. But when generated by the Fed, this wealth arrives first into the hands of already wealthy elites favored by the government, such as banks, health care giants, and the military industrial complex (Boeing, Halliburton, etc). Of course eventually this money gets passed on and distributed throughout the rest of the economy, but by the time it affects the average person prices have already risen and it does none of us much good to receive it. Inflation is a hidden tax on middle and lower class Americans, especially those on fixed incomes. So when the Fed announces it has created a trillion dollars out of thin air, this should concern us far more than it general does, because so few of us understand economics. What's sad is, it's not as difficult to understand as they lead you to believe, and certainly not as boring (you're being ripped off - how can that be boring?!). But I digress.
What should concern us all in the midst of this crisis is China and other foreign countries like Russia and the oil producing gulf states that purchase our debt. When we borrow money off them, they purchase a treasury bond. When the bond matures, we have to buy it back with interest. But since we produce so little of value we have little recourse but to borrow more money just to pay off our previous debt. This is why Secretary of State Clinton went to China: to beg them not to cash in our treasury bonds and pocket the money.
But the day will soon come when China figures out its workers are merely slaves to the American consumer, because the wealth they actually produce is loaned out to Americans just so we can buy the products they make. And China will cash in our treasury bonds and they'll want a straight up payment, and we're not going to have a way to pay them, considering our massive spending and budget deficits, except to either drastically raise taxes, and not just on the wealthiest 2% or whatever, but on every American who actually still has a job at that point, or, more likely, they'll just print it up at the Fed, which will increase the money supply and weaken the dollar further. In fact this has already started to occur - the trillion dollars the Fed just created was used to buy, among other things, treasury bonds. Not only does this weaken the dollar, but it will precipitate a flight from the dollar that will prove fatal to our economy.
And there will come a day when Americans cannot afford to buy basic necessities because our currency will be worthless. The government, in typical government fashion, will attack the symptoms of the inflation and not the cause. They'll implement price controls, oblivious to the law of supply and demand, which will create shortages, because nobody is going to want to sell anything they can't actually make a profit off of. From then on you can only imagine the horrors that will ensue, as Americans continue to lose the ability to support themselves and their families. One way or another we are all going to realize, through much suffering, that a fiat economy can only lead to ruin.
This may sound like some ridiculous scenario that only happens in other countries, or that society has progressed to the point where these kinds of things are impossible. But the laws of economics do not evolve over time, nor is America invincible to the consequences of trying to overcome economic law, and neither does the market care if it destroys America or Zimbabwe or the Wiemar Republic, etc. All the rousing rhetoric of hope, all the adoring throngs of fans, all the chest-thumping American triumphalism, will be humbled before the market. And having foreknowledge that that day will come gives me little solace. I am very fearful of the suffering they are going to cause. If you don't care, if you're not interested, you should be.


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There’s a lot of talk at the AlwaysOn Innovation Summit (#svis11 and #aosummit for Twitterers) about HTML5 vs. Apps, and mobile devices. Doing business and communication strategy for Treesaver, we did a lot of thinking about the topic. Investor and rock musician Roger McNamee (@RogerMcNamee) went on about this a lot, making a clarion call, basically for HTML5 developers to create the new appified Web –> and to use WiMax to access that Web and get around the main phone carriers, such as Verizon and AT&T.
Here’s the deck of a presentation Dorian gives on the topic. It’s constantly updated. This one is from May.


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With top of the line smartphones costing anywhere from $1500 to $2500 and beyond, and with smartphones lasting longer than ever thanks to OS and security updates, safely buying second hand via the security of a refurbished model can be a totally smart saving.
Microsoft often likes to portray itself as a company that supports education and research, but that appears to be just a pose, with the company showing its real colours recently when it stripped the European Organisation for Nuclear Research of the status of "academic institution".
Microsoft's revocation of the "academic institution" status granted to the European Organisation for Nuclear Research, better known as CERN, has led to the organisation deciding to get rid of software sold by the Redmond behemoth in order to avoid lock-in and to keep its costs down.
Good man :)
My daily driver is a MacBook Pro.Reasons I didn't mention in the article for taking the NB300 on the road[…]
Simple solution; Get a Mac!
In life you have two choices. Give up, or keep going. The NBN in its current form is a dud.[…]
Sounds like someone is having a dream.The Coalition and Labor have never been able to agree on the NBN and[…]


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The inflation rate for January 2019 dropped to 9 per cent from the December rate of 9.4 per cent.
According to the Ghana Statistical Services, the January 2019 inflation is the lowest since January 2013.
The drop is attributed to a reduction in some food and non-food commodities under the period.
Inflation measures the rate of change in the general price level of goods and services over a period of time.
Acting Government Statistician David Kombat explains that there was a reduction of about 0.3 per cent in the non-food subgroup.
“The non-food group recorded a year on year inflation rate of 9.5 per cent in January 2019, compared to the 9.8 per cent recorded for December 2018” he noted.
The monthly change rate was 1.0 per cent compared to 1.1 recorded in the previous month.
“The main price drivers for the non-food inflation rate were, transport (13.4 per cent), clothing and footwear (12.8 per cent) and Recreation and Culture (12.7 per cent)” David Kombat disclosed.
Four regions; Upper West, Brong Ahafo, Western and Ashanti recorded inflation rates above the national average of 9 per cent.
Upper West region recorded the highest year-on-year inflation rate of 10.8%, followed by Brong Ahafo region (9.9%), while the Upper East region recorded the lowest year-on-year inflation rate (7.7%) in January 2019.


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A research study from Castrol has highlighted some of the roadblocks that discourage drivers from buying battery electric vehicles. The study, called Accelerating the EVolution, reveals that UK drivers want lower prices, increased range and reduced charging times in order to fully embrace the new technology.
These three factors are considered the tipping points that have the power to completely change the perception of EVs to the public, according to Omer Dormen, VP, Castrol Europe.
“As an industry we must focus on the factors that matter most to consumers,” he said. “The three tipping points revealed in Accelerating the EVolution provide a clear roadmap for the automotive industry to help accelerate mainstream adoption of EVs.”
The research has shown that the price tag is usually one of the main deterrents from buying electric. UK drivers would be more willing to switch to an EV if the average price would drop to £24,000 (or $30,000). This price point is significantly lower than the global average of £29,000 (or $36,000), below which purchasers would be willing to go electric.
The second tipping point that is hovering in buyers’ minds is the charging time of EVs. They demand waiting time to be shortened in order to seriously consider switching from internal combustion engines. UK consumers want an average charge time of 30 minutes as almost seven in 10 (69%) of those questioned believe EVs will only dominate on the roads once they can charge in a similar time as it takes to refuel an ICE vehicle.
Lastly, consumers have range anxiety as they expect a range of 282 miles (453km) from a single charge. However, half of consumers don’t drive the full range on one charge as they mainly use their car for short journeys or commuting, and a number of EVs already offer this range or greater anyway.
These interesting points, but they don’t paint a totally gloomy picture. Although EVs might be considered still too expensive, the price of the lithium-ion battery keeps dropping and it is expected to breach the US$100/KWh threshold by 2024, which means that soon electric vehicles will be more affordable than ICE cars.
Range anxiety will also soon be an issue of the past as according to BloombergNEF, the average range of EVs was around 183 miles in 2019 but will rise to around 235 miles for this year’s models. Also, Tesla offers a Model S with over 400 miles of range, Lucid promises that its Air will go for more than 500, and recently the Hyundai Kona has broken the 600 miles wall on a single charge.
Lastly, companies such as IONITY is working to create a rapid charging infrastructure that will cut waiting times and allow EVs to charge quickly. Tesla’s superchargers already offer a large networking of rapid charging facilities.
If we are looking from the right perspective at these tipping points, we are very close to an all-electric revolution. All these ‘issues’ are evolving every day and soon they will be solved The only real problem left for buyers will be to choose the right EV model.


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More from Associated Press
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Jul 16th, 2021


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Twelve of Cache Valley’s finest restaurants will showcase their culinary specialties as part of the “Taste of Cache Valley Dine-Around” October 16th through October 24th. Two people can enjoy three courses for one great price. Julie Hollist, director of the Cache Valley Visitors Bureau, says the event is seen as a great incentive for locals and visitors to explore local restaurants that make Cache Valley dining unique. Hollist says each restaurant determines which three courses it will offer and may provide special menu items for the Dine-Around.Participating restaurants include Angies, Beehive Grill, Cafe Sabor, Coppermill, Cracker Barrel, Indian Oven, Iron Gate Grill, Kamin Thai Cuisine and Tandoori Oven. The cost at these restaurants is $30 per couple. Dinner specials are also available at Elements, Hamiltons and LeNonne and will cost $40.
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JEFFERSON CITY, Mo. — Lawmakers in many states have been trying to boost their post-recession economies by cutting income taxes, curbing aid to the long-term jobless or holding down the minimum wage. Some have pursued all of these steps. Whether ...Read More »
Customer service representatives in the 311 Call Center will now connect callers directly with the U.S. Consumer Financial Protection Bureau. Many Rochesterians lost their homes during the Great Recession, which was largely caused by the fraudulent and deceptive practices of ...Read More »
The Finger Lakes Regional Economic Development Council will hold two Consolidated Funding Application workshops for potential applicants to learn more about the fourth round of Gov. Andrew M. Cuomo’s initiative to stimulate job creation and economic growth through the Regional ...Read More »
Round IV of the Regional Economic Development Council initiative was officially kicked off by Gov. Andrew Cuomo on Monday with up to $750 million in state economic development resources. The Consolidated Funding Application will open to applicants on Thursday, enabling ...
Tagged with: Gov. Andrew CuomoRead More »
WASHINGTON — Federal Reserve Chair Janet Yellen noted Thursday that some recent economic data have pointed to weaker-than-expected gains in consumer spending and job growth. She said the Fed will be watching to see whether the slowdown proves only a ...Read More »


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Nike smashes revenue, profit estimates on China demand, online boom
10:03:00, Sep. 23, 2020
The brand's digital sales surged 82 percent in the first quarter ended August 31, with at least double-digit rises recorded in all regions.
Nike Inc's online sales of Air Maxes and other shoes in North America drove quarterly profit and revenue ahead of Wall Street estimates and led the world's largest athletic shoemaker to forecast better-than-expected sales for the year.
First-quarter sales in China, where the economy opened from lockdowns much earlier than in other parts of the world, rose six percent, led by factory stores and online sales.
Nike's brick-and-mortar sales have fallen since the COVID-19 pandemic began, as malls and department stores were shuttered around the world.
The brand's digital sales surged 82 percent in the first quarter ended August 31, with at least double-digit rises recorded in all regions. In the prior quarter, Nike reported a 75 percent increase in online sales – nearly a third of total revenue, a goal Nike had previously set for 2023.
"We know that digital is the new normal. The consumer today is digitally grounded and simply will not revert back," Nike Chief Executive John Donahoe said.
Earnings before interest and taxes rose 18 percent in North America, Nike's biggest market, with footwear sales up 11 percent to nearly three billion U.S. dollars.
Revenues dipped one percent to 10.6 billion U.S. dollars. The company scored revenue increases in key markets like China and Europe, but North American sales declined modestly.
Tuesday's results are a far cry from those of just a quarter ago, when Nike suffered a surprise loss following a 38 percent tumble in year-over-year revenues. The company projects full-year revenues to be up "high single digits to low double digits" compared with last year, said Chief Financial Officer Matt Friend.
(With input from agencies)


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Colombia’s Bold bags $50m Series C for next phase of growth
Colombian fintech Bold has raised $50 million through a Series C funding round as the development of its e-payment solutions continues in good stead.
The funding round was led by US growth equity firm General Atlantic. However, its investment is still pending the approval of the Colombian financial regulator, Superintendencia Financiera de Colombia (SFC).
Existing investors InQLab and Amador returned for the latest raise, with International Finance Corporation (IFC), of the World Bank Group, also joining as a new participant.
The funding builds on the $55 million secured by Bold through its Series B of February 2022, when it committed to investing in its technology, talent and territory.
In the two years since, the Bogotá-based start-up, which was founded in 2019, has expanded its team from 380 to around 800 employees and has increased its number of active merchant customers by 50% to approximately 150,000.
The initial scope of its services, which enable small business merchants to accept electronic payments through payment terminals both online and offline, was extended last year after the SFC approved Bold as a financial institution.
With this, its offering now includes merchant accounts, debit cards and short-term working capital loans, and says that it plans to use its latest funding to “bolster its product roadmap and offerings”, and double down on its position as a merchant-acquirer in the country.
José Vélez, co-founder and CEO of Bold, says the start-up is “breaking payment barriers” in Colombia, where cash retained a 78.4% market share in 2023, according to that year’s figures from Banco de la República, the country’s central bank.
“Now, thousands of merchants have access to digital financial services and can focus on the growth and success of their businesses”.


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The new Cadillac XTS gets a splashy launch during China's annual auto show.
It would be tempting to say that James Wang is living the American dream – if it weren’t for the fact that he’s living in Beijing.
The mild-mannered 27-year-old is a self-made mega-millionaire, earning his money building golf courses for the country’s fast-growing leisure class. And like so many of his American counterparts, the young entrepreneur is addicted to automobiles, with a fleet of vehicles ranging from a Subaru WRX STi to a Porsche 911 and even a Maybach M62 in his garage.
While Wang may have a slightly larger personal fleet than most Chinese motorists he’s far from unusual in his taste for premium automobiles. Luxury cars today fill the streets of many booming Chinese cities, notes Fu Qiang, president and CEO of Volvo Cars China, noting that “All the forecasts call for China to become the world’s largest premium market by 2016.”
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The country is already the largest national automotive market in the world, pushing past the U.S. several years ago. And Chinese industry groups have estimated overall annual demand could surge to 38 million in little more than a decade, exceeding sales in the U.S. and the European Union combined.


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397: Sensex, Nifty likely to open slightly lower; YES Bank, Tata Motors, NBCC in focus
Indian shares are likely to open slightly lower on Thursday amid uncertainty in the global markets after the US House voted to impeach President Donald Trump. Among the stocks in news today, Tata Motors’ JLR has acquired UK-based all-terrain performance car manufacturer Bowler while Nestle India said it is examining the show-cause notice slapped by the National Anti-profiteering Authority (NAA) for not passing on GST benefits to customers. Here are the top stocks to watch out for today: YES Bank, Tata Motors, NBCC, Nestle India, IndiGo in focus.
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Leon’s Twitter page says that Tuk Shop, a collaboration with Bangkok-based food group Aylmer Aaharn, of which chef David Thompson, an expert in Thai cuisine, is a partner, has “popped down”.
It adds that it will “pop up again later in the year with a brand new menu” in a central London location.
The site is being returned to its original guise, as a standard Leon restaurant.
Company CEO John Vincent told Restaurant magazine in June that Tuk Shop, which served Thai curries, noodles, rice dishes and salads using Leon’s fast food model, was not a side project and would trade indefinitely if it was well received.
“We don’t want to get ahead of ourselves because this one might take ages to get right, but if and when we get it right, I would like to do more," Vincent said.
"It’s something we really think could have legs."
Like its bigger sibling, Tuk Shop’s menu was pictorial and presented on boards hanging over the counter, which have now been removed. Tuk Shop’s ‘Thai Fast Food’ sign has been replaced with Leon’s ‘Naturally Fast Food’ slogan, and its sign has been replaced with Leon’s signature red logo.
It followed a similar operational model to Leon, with as much food as possible prepared offsite.
Leon is currently pushing its international expansion drive, and will make its US debut at a site in Washington DC this summer, marking the fourth international city the 54-strong restaurant chain has launched in, following Oslo; Amsterdam; and Utrecht.
It will also open its first Irish restaurant later this year, in Dublin, as part of a franchise deal with Cibus Concepts.
Leon has been contacted for further comment.


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Last month alone there were 24 electronic companies released there Smartphones, starting from Apple I phone release to One plus flagship model, for buyers, sellers, reviewers, brands and agencies. October month just became the #Techtober and every year phones are getting better, reasonable & competitive pricing, this smart-phone war is helping buyers to choose the top-notch technology mobiles for best prices and e-commerce website during this season in India are as well initiation the opportunity by Big Billion Day & Great Indian festival sales by giants like flip kart & Amazon. If we see the pattern on market leader products, that will tell us the rest of the story, read out cover story October or #Techtober and we covered some interesting news and worldwide brand stories and media coverage.
Do read our magazine and write us to firstname.lastname@example.org your thoughts.
– Sai Nikhil Dintakurthi CEO & Co-Founder
Check the latest magazine issue here:


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Social Networking Perfect For Close Hispanic Family Ties
The gist of the Hispanic: The State of the Industry panel led by ADN Communications CEO Jose Lopez-Varela with Publicitas VP of Digital Media Paul Meyer, mun2 Director od Digital Media Jose Nestor Marquez and Machado , Garica, Serra Associate Media Director Stephen Paez was that the Hispanic market is both very much the same and very much different than the general market.
With many families splitting with some members coming to American and others staying in their home country, the strong family bonds built from that separation make social networking a big growth area. Facebook recent opening of its API to developers could be a boon to Hispanic-specific social network development. Also, services such as Ning, which provide drag and drop social network creation, lend hem serves perfectly to topic specific networks.
This strong bond among Hispanics applies to word of mouth marketing as well as natural word of mouth as a powerful more of communication for Hispanics. Nintendo and Sony have capitalized on these bonds with their online networked games.
In terms of mobile marketing, Jose Lopez-Varela said text messaging, ringtones and screensavers are heavily access by the market which he took advantage of in a recent Scion campaign to the male 18-34 target - which indexes 142 for SMS usage. The campaign consisted of screen savers and ringtones as part of a chance to win one of Scion's new vehicles.
Lopez-Varela also noted that the luxury segment of the Hispanic market is overlooked with, unfortunately, many people still stereotyping Hispanics as poor and uneducated. Movement in this area is happening but it's not coming from the corporate suite, rather, from small, smart marketer like local Miami car dealers. Yes, we know. Car dealers and smart aren't usually two words that go together but when it comes to gettig cars off the lot, they are the masters of marketing.
A point brought up by all the panelists including several audience members was the fact detailed research on the Hispanic market is severely limited and in all cases should be used with caution. That said, Paez said 67 percent off Hispanics are online and there's been an increase in educated Hispanics coming to America.
The topic of translation was brought up by an audience member who pointed out there are many versions of Spanish and that one version might be offensive to those who don't speak a particular dialect. Lopez-Varela pointed out the English use of "soda" and "pop" to describe the same thing though the word soda is most often used in marketing. He suggested the most generic version of Spanish be used. Of course, the obvious point of translation being far more than about words was acknowledged by all.


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The best Cyber Monday deals happening now
Black Friday is over, with Cyber Monday (and Cyber Week) taking its place. All that means for you is that the great deals are continuing on TVs, headphones, wireless earbuds, video games, phones, tablets, and much more.
The Verge · 8 hours ago · By Cameron Faulkner
Report: Biden to Delay Suspension of Unvaccinated Federal Workers Until After Holidays
ABC News, which reported Monday it had obtained the memo on the guidance, said the change hasn’t been publicly announced — and comes as President Joe Biden is putting pressure on private employers to embrace their own vaccine mandates.
Newsmax · 8 hours ago
Cyber Monday deals: Toys that any kid will love
Cyber Monday is here, which means Christmas is less than four weeks away. If you’re just getting started on holiday shopping for the kids in your life, those digital sale posters and emails flooding your inbox may be overwhelming.
Fox News · 1 hour ago · By Cortney Moore
Omicron variant is 'cause for concern, not a cause for panic,' Biden says
President Biden on Monday said the new omicron variant of coronavirus is a “cause for concern, not a cause for panic,” while maintaining that his administration's plan to combat COVID-19 this winter will not involve “shutdowns or lockdowns," but rather a strategy for more widespread vaccinations.
Fox News · 3 hours ago · By Brooke Singman
These Lego Deals Are Still on for Cyber Monday If You Act Fast
Lego deals from Black Friday continue into Cyber Monday, with savings of up to 30 percent off the most-searched-for toy of 2021. Find Lego Star Wars, Super Mario, Duplo, and more popular Lego themed sets on sale at Walmart, Amazon, Lego.com, Best Buy, Kohl's, and CVS
People · 3 hours ago
For Covid-19 Vaccine Doses, Should There Be More Time Between Shots?
Three weeks is the recommended interval between the first two doses of Pfizer’s Covid-19 vaccine in the U.S., and four weeks for Moderna. But a longer wait could provide more protection, studies suggest.
Wall Street Journal · 7 hours ago · By Sumathi Reddy
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Stockton University is seeking a coffee shop to occupy a boardwalk-fronting retail space in its planned $100-million-dollar student-residence building in Atlantic City, according to a document published on Friday.
The University’s request-for-qualifications (RFQ) is the most recent step in the realization of a total $200 million project that is set to bring massive change to the southern end of the city within a couple of years.
Prospective tenants must be regional or national brands, with at least five years’ business experience, according to the document (here). The coffee shop will be permitted to sell food that requires ‘limited cooking’ – since the University will be looking for a restaurant operator to move into a larger retail space in the same building.
The coffee shop is one of three total retail spaces in the residence building, which is set to become home to 533 students in August 2018. Stockton will soon search for a restaurant operator and the third retail space – on the corner of Roosevelt and Atlantic Avenues – will be a University bookstore-slash-convenience-store.
An academic building is being built across Atlantic Avenue from the residence building. A new parking garage is also under construction next door to the student residence. And a six-storey headquarters for South Jersey Industries is being built on top of the parking garage. The garage will include one retail space that is intended for medical use, according to the University’s RFQ. The so-called ‘Gateway’ project comprising all these buildings at the foot of Albany Avenue is being managed by ACDevCo, a not-for-profit corporation that is an offshoot of an entity that has developed similar projects for Rutgers University in New Brunswick.
For cash-strapped Atlantic City, it is worth noting that the coffee shop tenant will have to pay some real estate taxes. “In accordance with the PILOT (Payment In Lieu of Taxes) agreement with the City of Atlantic City, the Lessee’s portion of real estate taxes will be 2% of gross revenues received by the Lessee,” according to the request for qualifications on the website of Stockton Affiliated Services, which runs the University’s catering services. Atlantic City, mired in a financial crisis brought on by the shuttering of five casinos since 2014, has been treading a difficult line between trying to lure new development with incentives while simultaneously trying to increase its tax revenue. Although ordinarily non-profit entities such as schools and hospitals do not pay real estate taxes, the city last year reached a PILOT agreement with Stockton’s Atlantic City developer, ACDevCo, for a payment of $7.1 million through 2021 or about $1.4 million a year.
Stockton is also interested in building a marine sciences and resiliency center on a section of Bader Field, not far from the new Island Campus and also off Albany Avenue. That project could be developed in partnership with New Jersey’s Department of Environmental Protection and the city, The Press of Atlantic City reported.


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Hyundai Motor aims to be one of the biggest providers of electric vehicles in the UK with strong supply and immediate availability.
Hyundai Motor began development of Fuel Cell Electric Vehicle (FCEV) technology over 20 years ago, with the establishment of a dedicated research team in 1998.
Visitors to the London Motor & Tech Show at the London ExCel from 16th to 19th May will be among the first in the world to see the new Hyundai Tucson N Line.
Hyundai Motor UK has officially announced the pricing and specification of the Tucson N Line, which will go on sale in the UK on 30th May.
Hyundai Motor has now combined its efficient and responsive 48-Volt mild hybrid technology with the 100 kW/136-PS 1.6-litre CRDi diesel engine.


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Apple Set To Launch Five New Products In 2013 Including Their First Television
According to two leading analysts, Apple is set to launch five new products in 2013, including Apple’s highly anticipated television set.
Renowned analysts Gene Munster and Douglas Clinton say Apple will revolutionize its product line in an attempt to maintain its spot as the world’s biggest company.
The analysts say the new products are just the beginning of major changes to be made to the company’s product line in 2014.
The pair told Fortunethat 2013 “will set the stage for bigger changes in the product lineup in 2014 and beyond.”
The two analysts also believe Apple will release some sort of radio device — possibly the iRadio — which will play podcasts and work through iTunes.
It will be followed by a new version of the iPad mini with a higher resolution display.
In addition, Apple is slated to release the latest version of its operating system for the iPhone and iPad — dubbed iOS 7 — in June.
A big surprise is that a new iPhone could be announced, as a smaller and possibly cheaper model could be released in addition to the much rumored iPhone 5S.
Photos claiming to show internal components of the iPhone 5S have already leaked.
Then, in November, Apple is set to release a revolutionary product — their much anticipated TV.
Many in the industry are waiting for Apple to show its TV, as many say it was the last product Steve Jobs ever worked on.
2013 is set to be a big year for Apple, and one must stay tuned to see what products the tech giant looks to release.
James Gilbert | Elite.


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European glass container industry implements "Future Furnace" project
As reported by the European Glass Container Federation on March 16, 2020: For the first time ever, European glass container manufacturers have come together to discuss the construction of the first large-scale hybrid electric furnace to run on 80% green electricity.
The "kiln of the future" is a fundamental milestone in the industry's journey to decarbonize and move towards a climate-neutral glass packaging. It will be the world's first large-scale kiln with 80% renewable electricity and mixed oxyfuel, which will replace current fossil fuel energy sources and reduce carbon dioxide emissions by 50%.
In an industry-first collaborative approach, 20 glass container manufacturers have mobilized resources to participate in pilot projects to demonstrate the concept.
Michel Giannuzzi, President of FEVE (Federation of European Glass Containers) commented: "We are very proud to announce this joint industry project". "Hybrid technology is a step change in the way we produce and will allow us to significantly reduce the carbon footprint of glass packaging production. This move marks an important milestone in the implementation of decarbonization strategies for the glass industry".
The Ardagh Group, the world's second largest glass packaging manufacturer, volunteered to build the kiln in Germany. It will be completed in 2022, with a first outcome assessment planned for 2023. There are already several electric melting furnaces in operation in 150 glass-making plants in Europe, but these are smaller scales and are dedicated to the production of colorless glass from raw meal and therefore use little or no recycled cullet. . With this new technology, the industry will be able to use high levels of recycled cullet to produce over 300 tonnes of glass of any colour per day.
"With this new technology, we are embarking on a journey towards a climate-neutral glass packaging and ensuring the long-term sustainability of glass manufacturing", says Martin Petersson, CEO of European glass company Ardagh Group. "Our goal is to demonstrate the feasibility of electrofusion on a commercial scale, which will revolutionize consumption in the glass packaging market".
Implementing the "kiln of the future" would be an extremely ambitious project, requiring significant financial and human resources as well as extensive expertise. Therefore, the industry has committed to working together and by taking a cross-sectoral approach, it also intends to receive support from the European Commission through the ETS Financing Innovation Fund programme. While this project is critical, it is not the only one the industry is working on. Other climate-neutral and cleaner production technologies for glass packaging are already being implemented or being explored.
About the project
Why it matters:
Today, the use of electricity as the primary energy source in the container glass industry is limited to small colorless glass furnaces that do not use recycled cullet. New technologies will break these constraints.
The technology replaces 80% of natural gas with green electricity, reducing CO2 emissions from kilns by 60% or total CO2 emissions from glass container plants by 50%.
For the first time, this project will bring together the best engineers from 20 glass container manufacturers to show that it can be done.
The technology will allow the industry to use high recovery rates of cullet, which is currently not possible with electric furnaces. For every 10% increase in recycled glass in the kiln, CO2 emissions can be reduced by an additional 5% and energy consumption can be reduced by 3%.
To avoid supply problems, the hybrid technology can also be flexibly switched to other energy sources, which will ensure that production will not be interrupted.
Compared to conventional kilns, the additional costs (capital and operating expenses) for hybrid technology kilns are estimated to be as high as 40 million euros over the kiln's lifetime of more than ten years. This is mainly due to the cost of electricity compared to natural gas (about three times higher per megawatt hour).


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CEA Sees Record Black Friday Weekend Online
The Consumer Electronics Association predicted that more than 100 million Americans will shop online the weekend of Black Friday, according to a report issued this week by the Consumer Electronics Association. CEA also said that 143 million Americans will shop online and off this Black Friday weekend.
According to CEA's 2014 Pre-Black Friday Report, 103.3 million Americans will shop online between Thanksgiving Day and Cyber Monday, an increase of 6.1 million shoppers from 2013. Of those shopping, three quarters plan to use mobile devices.
“Mobile use is strongly influencing the consumer’s shifting shopping patterns around Thanksgiving weekend,” Shawn DuBravac, Ph.D., chief economist for CEA, said as part of the announcement. “With the help of mobile devices, this year will be online shopping’s biggest Black Friday weekend yet and we’ll see that materialize in a number of ways.”


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iZettle deal runs into hurdles in the United Kingdom
PayPal (PYPL) is due to report its fourth-quarter earnings results at a time when it appears to have run into both opportunities and challenges in the UK market. First, let’s talk about the challenges.
The United Kingdom’s antitrust regulator has raised concerns about PayPal’s takeover of payment company iZettle, which sells devices that allow even small traders to accept credit card payments. In a statement released in December, the UK Competition and Markets Authority said that its initial review of the takeover had raised competition questions and that it was launching an in-depth review of the deal, a process that may take several months to complete and could delay PayPal’s plans for iZettle.
PayPal’s greatest threat is diminishing
The opportunity for PayPal in the United Kingdom is that the country is rapidly shunning cash transactions. Why is this important? PayPal considers cash to be its greatest threat, the company’s chief technology officer, Sri Shivananda, said in an interview with CNBC in 2018. The decline in cash usage in the United Kingdom should be good news for the company.
Data from banking group UK Finance show that cash accounted for 34% of all payment transactions in the United Kingdom in 2017, down from 61% in 2007. The fall in cash usage in the United Kingdom is expected to continue and to reach just 16% of the country’s total payment transactions by 2027.
Other payment companies could also benefit
The decline of cash in the United Kingdom is a rising tide lifting all boats. Square (SQ), Google (GOOGL), and Samsung (SSNLF) are the other companies that run digital payment businesses in the United Kingdom. Samsung launched its Samsung Pay service in the region in May 2017, while Google Pay has been available in the region for a while. In the United Kingdom, PayPal handles payments for e-commerce companies such as eBay (EBAY), which also runs auto classifieds sites there.


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Erlebe Dark Fantasy & Soulslike Genre: Bleak Faith: Forsaken ab März 2021
Lots of fans of the soulslike category have certainly securely on their eyes in March: Fallen Empire by Group Ninja, who will be launched on March 3rd, 2023 for computer, PlayStation and Xbox as well as was already able to motivate in a usable demo.
But if that is not nearly enough for you or you like a wonderfully dark dream setup, one more, quickly upcoming release, could be a suitable option.
nearly a shadow drop
A couple of days earlier, the small team of Angel Studios introduced the remarkably close launch date of Bleak Faith: Forsaken.
The action parlor game must appear on March 10, 2023, for Vapor and also GOG (a console launch is additionally planned for a later day, but the funds should initially be available).
We had actually listened to for the very first time from the job by the associated Kickstarter project, however through which just $31,199 integrated in 2019.
With the amount as well as a group of 3 innovative minds, you can certainly not make large jumps in video game growth.
It is even more surprising just how assuring the previous trailers look.
The look is similar to Dark Souls, the one in charges make a lot as well as additionally the mix of open world, survival scary and also even cyberpunk influences looks encouraging.
Listed below you can see the newly published launch trailer:
A launch was initially planned in the 2nd quarter of 2022.
When this consultation was torn, we had shed view of the task.
We were even more surprising from the recent statement that the launch date should be in a few days.
We are thrilled to see whether the hoped-for Soulslike Perl really expected or whether the developers ultimately stumbled via their enthusiastic plans.
By the way, there is still no info regarding how costly the video game should be.
The pre-order is not possible, but you can put on your own on the dream checklist.
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One painting that will not be included in the National Gallery’s Leonardo exhibition is a chalk on vellum portrait known as La Bella Principessa that was recently attributed to Leonardo by the Oxford scholar and Leonardo expert, Martin Kemp.
The painting was bought by its current owner, Peter Silverman, for $20,000 in 2007 from New York dealer, Kate Ganz, who believed it to be 19th century. She had acquired it at auction from Christie’s.
Silverman has shown the painting to restorers who, like Kemp, believe it to be 16th century. But a number of other scholars and critics, including the Telegraph’s Richard Dorment, are not persuaded.
Silverman says that most of them have not even seen the painting - only photographs of it - and tried in vain to persuade the National Gallery to exhibit the work so that scholars could see it. Now he is negotiating to exhibit the work in Europe early next year when he is publishing a book and National Geographic are releasing a documentary about it.
Curiously, regarding the other rediscovered ’Leonardo’, which has been included in the exhibition, no pre restoration colour photographs of the painting have been released, adding to the mystery which surrounds it.
The power of the internet was confirmed when a long lost painting by the Camden Town Group artist, Charles Ginner, surfaced for sale in an online auction at Canada’s Heffel auctioneers. ’Le Quai Duquesne, Dieppe’ was painted in 1913 and bought soon after in London for 3 pounds, 13 shillings and sixpence by Canadian collector, Ernest E Poole, whose family was now selling. But Poole never exhibited it, and art historian, Wendy Baron, listed it as ’present whereabouts unknown’ in her 1979 book on the artist.
Heffel’s estimated the painting would fetch between 15,000 and 20,000 Canadian dollars, and bidding started tentatively at 8,000 dollars. Then, on the day the sale was due to close, bids rose from 37,500 dollars to 180,000 dollars, selling with commission for 210,600 Canadian dollars, or £129,400 - a new record for the artist. It is not known whether the buyer, described as a British private collector, had seen the actual painting.
Private sales by the big auction houses are accounting for larger and larger proportions of the business they do. Last year, Sotheby’s and Christie’s sold $1 billion of art privately, rather than at auction, approximately 10 percent of their total sales volume.
This year, Christie’s increased its private sales in the first six months by 57 per cent to $467 million. Some sellers prefer to keep things quiet this way, and saleroom staff, who in the past were judged on what they could bring to auction, are incentivised with commission payments on the private sales they conduct, like any dealer. Although details of these sales are rarely published, Sotheby’s confirmed last week that it had sold four huge Matisse bronzes of a woman’s back on behalf of the Burnett Foundation in Texas.
The price has not been disclosed, but Christie’s sold a single bronze from this series last year for $48 million. Allowing for a bulk purchase and a softening of the market, a price of $120 million is rumoured amongst dealers.


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Belfast-based business See.Sense has placed its upgraded LED unit on Kickstarter and is again using the crowdfunding website to generate interest in the “intelligent” bike light. Like its predecessor, the ICON flashes stronger at roundabouts and when tailgated by cars at night. The upgraded light can now sense when a rider has crashed or when a bike equipped with the light is being stolen – in both cases the “connected” LED light rings to alert a designated smartphone.
See-sense released its first LED light on Kickstarter in 2013. It received £33,826 in crowdfunding from 504 backers and was subsequently made available to the bike trade. See.sense assembles the lights in Northern Ireland and employs nine people. The company is currently exhibiting at the Cycle Show at the Birmingham NEC and started its latest Kickstarter campaign earlier this evening.
See.sense has sent details of the campaign to an email list of 5000 and after an hour on Kickstarter was already nearly half way to it target of £24,000.
Speaking from the Cycle Show CEO and co-founder Philip McAleese said:
“We’re confident we’ll reach our Kickstarter target. The early bird specials are extremely good value for money.”
Should the campaign succeed backers will get their lights in November. A number of pre-production lights are in the process of being made and the company is working on a smartphone app that will access the light’s many features. McAlleese said the main production run for the light will take place in January 2016.
ICON uses patent-pending sensor technology to allows it to increase its brightness and flash rates at times the cyclist most needs to be seen. As well as flashing stronger at roundabouts it also does so at road-junctions, and when filtering in traffic.
McAlleese said the ICON also has the potential to collect data that local authorities could use to record near-misses and collisions as well as identifying potholes before they fully develop.
He said: “ICON enhances the cycling experience by opening up a world of possibilities through a smartphone, and it also empowers cyclists to influence councils and municipalities to improve cycling infrastructure and roads to benefit everyone.”


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Before the weekend kicked in, Nintendo announced they would be showing a new Indie World presentation video this coming Monday. There wasn't a ton of information released about the video, as per the usual from Nintendo. All they wrote to fans was "Tune in Monday, August 19, at 6am PT/9am ET for a new livestreamed Indie World video presentation, featuring roughly 20 minutes of information about indie games coming to Nintendo Switch!" Like a lot of the videos they do for Nintendo Direct, we can probably expect it to be a very informative session with a lot of games being featured for the next six months or so.
The timing of this isn't a coincidence as PAX West is less than two weeks away, where there will be a vast number of indie video games both announced and previewed before we get to the holiday season. So it only makes sense for the company to showcase what they got on the horizon before getting to Seattle with their booth. Here's hoping it's more original titles and world premiere games and not just repackaged re-releases that have already been out for a few years.


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A demo for Ubisoft's upcoming platformer, Rayman Legends, will be released Aug. 14 in Europe and Aug. 20 in North America on PlayStation 3 and Xbox 360, Ubisoft announced today.
The demo will include three levels, "Teensies in Trouble," "A Toad Story" and a musical map set to the tune of Ram Jam's "Black Betty." The first two levels include the game's co-op Invasion Mode, and players will also be able to swap character costumes in the Gallery of Heroes. Two separate Rayman Legends demos were previously released on Wii U.
Check out the video above, which was released today alongside the announcement and highlights the "Goo Glow" map from the game's "20,000 Lums Under the Sea" level.
Rayman Legends was originally scheduled to ship earlier this year as a Wii U exclusive. It was pushed back to Aug. 30 in Europe and Sept. 3, 2013 in North America, when it will be released on PlayStation 3, Xbox 360, Wii U, Windows PC and PlayStation Vita. CEO Yves Guillemot said that ZombiU's unprofitability convinced the studio to bring Rayman Legends to more platforms.
Update: A subsequent press release from Ubisoft revealed that the PS3 and Xbox 360 demos will be available Aug. 20 in North America. We've updated this article to reflect the regional differences.


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|Workers make clothes at Spectre factory in Nam Định Province. — VNS Photo Phương Thảo
HÀ NỘI — According to the General Statistics Office (GSO), in the fourth quarter of 2017, 44.8 per cent of firms reported better business performance in Q4 than Q3.
This was reported in the GSO’s Business Sentiment Survey of manufacturing and processing enterprises in the fourth quarter of this year.
In addition, 36.5 per cent of businesses said their business situation was stable, and 18.7 per cent of businesses said it was still difficult.
Forecasting business prospects in the first quarter of 2018, 48.2 per cent of businesses were optimistic that the trend would improve, 35.7 per cent of businesses believed business would be stable and 16.1 per cent of enterprises predicted more difficulties.
Data from the GSO show that in 2017, the improved business environment along with the business opportunities in the integration trend had boosted the spirit of start-ups, as the number of newly established enterprises nationwide reached 126,859 companies, with a total registered capital of VNĐ1.29 quadrillion (US$56.6 billion), up 15.2 per cent in number of enterprises and 45.4 per cent in registered capital compared to 2016.
In addition, 26,448 businesses came back to the economy, bringing the total number of acting companies to more than 153,300 and the total number of newly registered jobs to 1.16 million.
But in the context of fierce competition, small businesses are still vulnerable, with 60,553 businesses needing to temporarily halt operations this year. The number of enterprises completing dissolution procedures was 12,113, decreasing 2.9 per cent against the previous year, of which 11,087 enterprises had capital below VNĐ10 billion, accounting for 91.5 per cent of all small businesses. — VNS


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'Resident Evil' Trailer Reveals Unsettling Utopias and Zombie-filled Dystopias
Netflix has released a brand-new trailer for the upcoming live-action Resident Evil series
Resident Evil is based on the iconic survival horror video game franchise
The story of the Resident Evil series follows Jade Wesker, she jumps between the years 2022 and 2036
The modern-day segments follow Jade and her sister
The resident Evil trailer gives a fairly good idea of what to expect
The story sees her trying to survive in the apocalypse while searching for answers about Billie.
Resident Evil premieres on Netflix on July 14


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Many Pilgrims Pride Corporation(PPC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Pilgrim's Pride Corporation was Initiated by KeyBanc Capital Mkts to Overweight on Dec 2, 2016.
Company has reported several Insider transactions to the SEC, on Feb 23, 2015, Fabio Sandri (Chief Financial Officer) sold 25,400 shares at 27.55 per share price.On Feb 23, 2015, William W Lovette (CEO and President) sold 90,690 shares at 27.57 per share price.
Pilgrim's Pride Corporation Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.40 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $0.46. The company had revenue of $2031.70 million for the quarter, compared to analysts expectations of $2036.42 million. The companys revenue was down -3.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.58 EPS.
Pilgrims Pride Corporation (NASDAQ:PPC) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 2.33 by 3 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold.
Pilgrims Pride Corporation (NASDAQ:PPC): The mean short term price target for Pilgrims Pride Corporation (NASDAQ:PPC) has been established at $23 per share. The higher price target estimate is at $27 and the lower price target estimate is expected at $19 according to 3 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $4
Pilgrims Pride Corporation (NASDAQ:PPC) witnessed a decline in the market cap on Tuesday as its shares dropped 0.93% or 0.19 points. After the session commenced at $20.49, the stock reached the higher end at $20.7 while it hit a low of $20.28. With the volume soaring to 1,400,619 shares, the last trade was called at $20.33. The company has a 52-week high of $27.79. The company has a market cap of $5,049 million and there are 248,370,040 shares in outstanding. The 52-week low of the share price is $17.15.
Pilgrims Pride is one of the largest chicken companies in the US, Mexico and Puerto Rico. The companys fresh chicken retail line is sold throughout the US, throughout Puerto Rico, and in the northern and central regions of Mexico. Its prepared chicken products meet the needs of some of the largest customers in the food service industry across the US. Additionally, the Company exports commodity chicken products to over 90 countries. As a vertically integrated company, it controls every phase of the production of its products. The company operates feed mills, hatcheries, processing plants and distribution centers in US, Puerto Rico and Mexico.


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Sarah Tew / CNET
Wireless plans often come with benefits: AT&T offers HBO Max. Verizon offers a variety of options, including Disney Plus. T-Mobile offers Netflix. Dish-owned Boish Mobile’s new addition does not use traditional streaming video service. On Wednesday there was a new contract with the sports betting and fantasy sports provider DraftKings announced.
As part of the contract, Boost Mobile customers can register for competitions on the exclusively designated DraftKings platform. While the NBA Playoffs are in progress, an exclusive promotion for Boost Mobile users will be able to enter an NBA Finals competition to guess the total number of points scored over the course of the series and win $ 100,000 (with the pot under shared among participants) winner in case of a tie). The competition will open on June 11th. Entries are due by the beginning of the finals on July 8th.
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In states where DraftKings’ sports betting is legalized, the wireless operator is offering new users a free $ 50 sportsbook bet with a $ 5 deposit and their first bet placed. The airline is also offering new DraftKings daily fantasy sports players a free $ 3 ticket to a DraftKings competition when they deposit $ 5 and enter a paid competition.
A promo code is required for both promotions and is available in the branches. In states like New Jersey, where DraftKings offers a sports betting app and a daily fantasy app, only sports betting advertising is available.
“We’re trying to go where the major airlines are too conservative,” Stephen Stokols, Boost Mobile’s executive vice president, told CNET. “I don’t think Verizon will do anything in any betting area,” suggesting that its company’s wireless rival may be committed to “some kind of political correctness.”
He adds that his company is considering adding additional ways to get DraftKings credits for Boost Mobile users, such as: B. Bonuses for tasks like paying a cell phone bill on time or referring a friend to the cell phone provider.
“We’re trying to make the wireless experience a little more fun,” says Stokols. “It’s called sports entertainment … we’re trying to make it more fun and really expand wireless service into that space.”
Although there’s a commercial deal between the two companies, Stokols says Boost won’t cut its customers’ spending on DraftKings.
In addition to exclusive competitions and site credits, Boost Mobile will also turn “many thousands” of its branded stores across the country into locations where DraftKings users – regardless of whether they also have the operator’s service – can, in contrast, deposit cash in person Having to electronically transfer money to the app by debit or credit card.
While DraftKings players are no longer able to cash out winnings in Boost stores today, Stokols says adding this feature is “on the roadmap”.
The move is the last as Dish continues to evolve into a cellular operator after acquiring Boost Mobile and other cellular assets from T-Mobile. Boost Mobile is currently running on T-Mobile’s cellular network. Dish is expected to offer its own 5G offering later this year.
Las Vegas will be the company’s first city when it goes live in the third quarter of the year. Stokols teases that “several” additional cities will go online in the fourth quarter. However, he wouldn’t say what cities those will be.


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A new national study finds that department store and fashion shopping are in decline overall in the retail industry in Canada.
The DIG360 – Leger Canadian Department Store Fashion Shopper Study determined that 31 per cent of Canadians 18 years and older are shopping for fashion less often in the past two years, while only 14 per cent are shopping more.
And the declines correspond to income as 37 per cent of those with under $40,000 household income are shopping less, compared with just 22 per cent of those with over $100,000.
The study was based on a survey conducted by Leger of 1,566 adults Canadians between May 15 and May 18.
“There’s so much going on in the Department Store space right now,” says David Ian Gray, of Vancouver-based DIG360 Consulting Ltd. This week, for example, Sears Canada announced it would be liquidating and selling all its stores.
“We see the continued shift to value shopping . . . It’s a collective psyche we noticed kicking in around 2010. Not 2008 when we heard about the economic crisis in the States but for us it was about two years later. After many years of people just spending on credit cards and ‘retail therapy’, suddenly budgeting was becoming a mainstay.
“The frugality isn’t just about shifting to Walmart. It also means just buying less.”
The report says 18 per cent shopped at a Canadian discount outlet mall in the past year.
“We expect this to grow with the addition of more of the concepts in the Canadian retail landscape,” says the study. “Originally, Department Stores were a modern solution to the shopping convenience demanded by a growing urbanite population. They housed a wide range of products in one building and were a beacon of traffic. Then came the explosion of enclosed shopping centres, then global specialty retailers, power centres and now high streets and ecommerce.
“Notably, 72 per cent of Canadians wait for sales to shop at Department Stores, reflecting the national propensity to more budget conscious households and the fiscal challenge facing these stores. And there are the naysayers: 35 per cent of us feel the Department Store concept is tired and dated, and 35 per cent say they are too big and a waste of time.”
Gray says where that retail therapy has picked up has been in the personal care sector and the cosmetics category within Department Stores “is going through the roof right now.”
The study also found:
fashion shopping continues to be a young person’s sport, as 31 per cent of those 18-24 are increasing their fashion shopping in the past two years (compared to 23 per cent of this age group shopping less);
there is a significant drop in fashion shopping around age 45, with just seven per cent of those 45 and older reporting an increase in fashion shopping and 36 per cent a decrease;
That 37 per cent of women reported shopping less for fashion should alarm retailers of women’s apparel, particularly at a time of greater competition and choice.The report said 54 per cent of Canadian adults shopped Department Stores for clothes in the past 12 months and of those shopping more for fashion in the past two years, 76 per cent shopped Department Stores in the past year.
Two-thirds of Canadians like the variety and brands carried by Department Stores and only 25 per cent prefer shopping brands’ own standalone stores over the fashion they sell in Department Stores.
“As a reminder that many shoppers reside outside the downtown cores of our major cities, the highest shopping incidence is for those with the broadest regional coverage of stores.
Hudson’s Bay Company leads at 31 per cent of adult Canadians buying in the past year. Sears was a close second at 28 per cent, with the advantage of substantial store coverage in Quebec. Over half of adult Canadians (55 per cent) shop Walmart for at least some fashion in the past 12 months,” says the study.
“For many, Sears was a very important part of their shopping lives – closures here will leave a void.”
The study also says Nordstrom is introducing younger shoppers back to Department Stores.
“Those who are generally shopping less are favouring Walmart, Sears, Winners and other value-priced department and specialty stores. While not a full-range fashion department store, the regular traffic Walmart generates for other merchandise has led two-thirds (66 per cent) of Canadians with household income under $40,000 to report a clothing purchase in the past year. Notably, almost half (46%) of those with income over $100,000 also report purchasing clothes at Walmart,” it says.
“Another notable player is Winners with 39 per cent of shoppers buying. This is far ahead of other specialty chains and certainly elevates it to a department store-like impact. Of chain retailers, Winners had 48 per cent and H&M captured 34 per cent of those Canadians who increased their fashion shopping.”


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CLMBR, First-To-Market Connected Vertical Climbing Machine, Launching on Amazon
NEW YORK, Jan. 18, 2022 /PRNewswire/ -- As of January 18, 2022, connected fitness brand CLMBR is expanding its online retail presence by launching on Amazon. This retail launch follows the recent announcement that CLMBR Connected machines will work with Amazon Alexa, expanding on the collaboration between the two brands.
As an extension of the launch, CLMBR devices will also be featured in Amazon Pop Up locations around the country. From Jan. 5, 2022, through Jan. 31, 2022, CLMBR will be on display, so users can experience the machine first-hand before purchasing.
CLMBR is an innovator in the at-home fitness industry, as the first vertical climber to feature alarge-format touch display with on-demand, instructor-led classes. Vertical climbing is a full-body workout that combines high-intensity cardio with resistance training, and is one of the most efficient workouts currently on the market and provides a wide range of challenging workouts for fitness enthusiasts of many experience levels.
"We are excited to continue our work with Amazon by offering the CLMBR on Amazon's online store," says CLMBR CEO Avrum Elmakis. "We are pleased that this launch will enhance customers' shopping experience by offering a new method to purchase CLMBR, as efficiency and customer satisfaction remain among our top priorities as a brand."
Customers will be able to purchase the CLMBR Connected machine on Amazon for $2799, with the option of Prime delivery and set-up in select locations. Subscription to the brand's extensive library of workout classes will also be offered, with a 30-day free trial.
View original content to download multimedia:https://www.prnewswire.com/news-releases/clmbr-first-to-market-connected-vertical-climbing-machine-launching-on-amazon-301461784.html
Digital Transformation Reengineering Process Production
Total Addressable Market for Your Solution
Customized Weather Forecasting for Efficiencies and Profit


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In the world of adidas Yeezy and Kanye West, the month of March will be dominated by a slue of intriguing releases, including the Yeezy 700 Inertia on the 9th and a trio of regionally-exclusive Yeezy 350 v2s dropping on the 16th. One of those three, the “Trfm” colorway, has received both a “Terraform” and a “True Form” monicker over the last weeks, but we do know that it equips a primarily grey color scheme that ushers in salmon orange-like embellishments on its semi-translucent midsole, “SPLY-350” stripe, and familiar heel tab. As we mentioned, this special release will be exclusive to certain parts of the world, and this pair happens to be dropping only in Europe, Russia and the Ukraine. It will be interesting to see if this release method will help re-store a bit of the famed brand’s exclusivity as its recent drops have flooded the market more than they ever did before. Enjoy an official look at the Trfrms ahead and keep it locked for any new updates in advance of their 3/16 drop.
adidas Yeezy Boost 350 v2
Release Date: March 16th, 2019 $220
Style Code: EG7492


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Supply Chain Matters updates readers on a prior blog indicating the Volkswagen AG will invest in a large scale battery production facility to be located in in Canada.
In a published Supply Chain Matters posting in March, we informed our readers that global automotive manufacturer Volkswagen announced that it was investing in a battery production site in Canada to support North America electric vehicle assembly needs.
This facility, which will represent VW’s first battery production facility outside of Europe, is to be located in the city of St. Thomas, Ontario, upwards of a two hour drive from Detroit. Plans reportedly call for the facility to be operational by 2027.
Factors that reportedly influenced this automaker were the U.S. Inflation Reduction Act, which fosters consumer incentives to purchase EV vehicles if 50 percent of major battery components are produced in North America. A further consideration was proximity to key raw materials including minerals, lithium, nickel and cobalt which Canada’s mining sectors can provide.
Last week, Bloomberg published a report (Paid subscription or metered view) indicating that the government of Canada agreed to subsidies of upwards of C$13 billion over a ten year period in order to land this investment.
These incentives reportedly involve annual subsidies and grants to offset the facility’s cost. “effectively matching what the German automaker could have received via the Inflation Reduction Act if it had located the plant in the US, according to government officials.”
Canada’s industry minister is noted in this report as indicating that the production facility will cost upwards of C$7 billion to construct, and likely to be the largest manufacturing site in the country with a footprint equal to 350 football fields.
The report further indicates: “The Volkswagen deal in Canada also raises the question of how much financial help other automakers and battery producers might be able to get.”
The Canadian government is reportedly in separate talks on financial subsidies associated with a plant investment by LG Energy Solutions and Stellantis NV on a planned production in the Ontario region as well.
Separate and Related Development
Last week the U.S. Treasury Department released added information and clarity as to which electric powered automobiles would be eligible for a full $7500 tax credit under the U.S. Inflation Reduction Act.
The latest changes clarify criteria for battery component production sources that qualify for the full subsidy. Further, there reportedly is a listed price cap placed on a certain price of an EV vehicle, along with total household income thresholds, that would be eligible for tax credit.
Reportedly, only 16 existing EV models are now eligible for a full or partial $3500 credit. According to reporting by The Wall Street Journal, for buyers to claim the full $7,500 credit, a select set of battery components must be produced in North America with a percentage of critical minerals sourced in the U.S. or from certain friendly nations. The partial $3,500 credit is reportedly available for meeting one of the two battery sourcing credits.
As of now, only 16 EV models are eligible for full or partial credit, down from the prior 25 models. Reportedly, not a single foreign branded EV is currently eligible for such incentives including existing EV models from VW, Mercedes, Hyundai, Porsche and others.
Hence is the importance of where battery production is sourced and where raw materials originate. certainly, added federal and local tax and spending offsets certainly adds to the equation for strategic sourcing.
© Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.


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Japanese spirits owner Suntory has helped to make over Nobu Hotel Shoreditch's terrace, in tribute to the practice of dining beneath blossoming cherry trees.
The two-month installation includes an art piece created by Japanese ink-painting artist OhGushi, with whom the House of Suntory has an ongoing partnership.
The bar team at the hotel has worked closely with the House of Suntory to create a menu of seven bespoke cocktails inspired by its range of premium Japanese craft spirits – Toki and Chita Whisky, Roku Gin and the newly launched Haku Vodka.
Nick Temperley, general manager at Edrington-Beam Suntory, said: "The House of Suntory is proud to partner with Nobu London to showcase the best of our Japanese craft spirits portfolio."
The activation runs until June.


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Sony’s “MLB The Show” franchise already is one of the most-realistic sports video game series around, and now it’s just getting ridiculous.
A video recently posted to PlayStation’s YouTube page shows off the improvements made for “MLB The Show 17,” and they’re extensive. Sony Interactive Entertainment, the game’s publisher, added models to account for a baseball’s spin off a bat, upgraded the game’s catch-and-throw system and made significant improvements to player artificial intelligence and animation.
We’ve already seen some of the new animations, like the Boston Red Sox’s outfield celebration dance, but it’s the improved physics on both offense and defense that really have us excited for the game, which releases March 28.
Unfortunately, “The Show” still is a PlayStation exclusive, so all of you Xbox One owners are stuck with the vastly inferior “R.B.I. Baseball” series. Also, we can’t help but hope for Major League Baseball and Sony to come together and form a competitive eLeague, similar to the one the NBA recently announced.


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New financing for companies impacted by COVID-19
The funding is also available to companies that operate only in Finland and don’t normally qualify as Business Finland customers.Business Finland
Business Finland is launching two new financial services to help mitigate the financial impact of COVID-19 on Finnish companies.
Business Finland has pledged to help finance tourism-based companies and companies providing ancillary services to the tourism industry, the creative industries and all industries whose supply chains have been or are being affected by the COVID-19 epidemic.
The two new financial services are being launched on 19 March to help small and medium-sized businesses and mid-cap companies to develop new business opportunities and models. The funding will enable the companies to identify and plan for new businesses, replacement supply chains, and the reorganisation of production and work practices during and after the disruption caused by COVID-19.
“Business Finland’s funding will help companies find solutions in exceptional circumstances and also prepare for other potential crises in the future,” said Reijo Kangas, director of Business Finland.
Companies that operate only in Finland and don’t normally qualify as Business Finland customers are also eligible to receive this funding.
Companies can apply for the funding starting on 19 March, and the funding decisions will be made by Business Finland. Read more about the services.
Good News from Finland is published by Finnfacts which is part of Business Finland.


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Penrose calls for all sides in beef dispute to step back from the brink and hold talks
Labour spokesperson on Agriculture, Willie Penrose TD, has urged all sides in the beef crisis to step back from the brink as the threat of an all-out shutdown of the industry looms.
Deputy Penrose said:
“The only way to resolve this dispute is through face to face negotiations. All sides need to come to the table as a matter of urgency, with the conditions met to facilitate these talks.
“The reality is that everyone is going to suffer if this is not resolved.
“Workers in beef processing plants, with families that rely on them, will be laid off. Farmers themselves are going to have cattle ready to go to the factories, and in turn, factories need the product to fulfil market demand.
“The end result will be a lose lose for all those involved.
“I am also urging Meat Industry Ireland not to leave the pitch and to get the talks up and running.
“It’s now time for all sides to reflect on what’s at stake here and step back from the brink.”


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The North Dakota Beef Commission (NDBC) recently approved funding to help bolster U.S. Meat Export Federation (USMEF) efforts to increase U.S. beef sales by reaching Japanese consumers through retail and foodservice promotion activities. The NDBC approved $200,000 for the USMEF U.S. Beef Promotion Partnership – Japan efforts, which has the potential to reach more than 126 million consumers. The Partnership will work to increase demand for U.S. beef in Japan by building a sustainable presence for the product and increasing consumer confidence in the overall quality, value and safety of U.S. beef.
“It all comes back to adding value and demand to beef products,” says Clark Price, ex-officio member of the NDBC and the Commission’s representative on the USMEF. “If we can increase exports, that value comes back to our producers.”
North Dakota beef checkoff funding will be leveraged with funding from USDA, beef and feed grain checkoff programs to support this project. The USMEF estimates each dollar contributed by the NDBC will generate an additional investment from government sources, non-checkoff industry groups and third-party contributors.
With more than 126.8 million Japanese consumers spread over a landmass similar in size to North and South Dakota combined, this effort has the potential to impact Japanese consumers in numbers 16 times larger than all the consumers in North Dakota, most of which already consume more beef per person than the national average.
According to the USDA, in 2018, U.S. beef exports shattered the previous value record and achieved a new high for volume, which was fueled by tremendous demand in South Korea, Japan, Taiwan, and the ASEAN region. U.S. beef exports reached 1.35 million metric tons, up 7 percent from 2017, and export value soared to $8.33 billion, a 15 percent increase over 2017. Export value equated to $323 per fed steer or heifer slaughtered and exports accounted for 14.6 percent of total U.S. beef production.
U.S. beef exports reached $8.1 billion in 2019; however, exports to Japan dropped six percent year-over-year in both volume (311,146 metric tons) and value ($1.95 billion). This was due in part to a significant tariff rate disadvantage compared to Japan’s beef imports from Australia, Canada, New Zealand, and Mexico. However, Japan’s tariff rates for U.S. beef were lowered on January 1 to match those imposed on major competitors, with the rate for U.S. beef muscle cuts dropping from 38.5 percent to 26.6 percent and the rate for U.S. beef tongues dropping from 12.8 percent to 5.7 percent. Another round of tariff rate cuts will take place on April 1, when the new Japanese fiscal year begins, and USMEF is working with the Japanese trade on plans to regain lost market share.
A 10 percent decline in Japan’s domestic beef production and rising beef consumption, as well as shifting diets from seafood to red meat and growing interest in American-style steak in retail and foodservice, point to sustained long-term growth for U.S. beef exports to the country. USMEF forecasts U.S. beef exports to Japan could reach $2.3 billion in 2020 and approach $2.8 billion by 2025.
“We’ve got so much room to grow in this market, because the demand is there. I wouldn’t be surprised to see our beef exports grow significantly, and far beyond projections,” says Price. “If we can reach more people with high quality U.S. beef, that is how we allow our producers at home to increase beef production and get more value out of the cattle we produce.”
North Dakota Beef Commission
Northern Ag Network