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The year 2018 marked the return of the import tariff. As of October, the US had imposed levies on roughly 12,000 products, accounting for 12.6% of its total imports; its main trading partners had retaliated with tariffs on 2,087 products, accounting for 6.2% of US exports. With trade tensions mounting, many observers have warned of a full-scale trade war, or even the collapse of the global trading system.
Of course, this is not the first time in recent history that the US has tried using trade policy to advance its interests. In 1971, the Nixon administration famously imposed a 10% tariff on all imports in an attempt to halt the growth of the US current-account deficit. More recently, the Reagan administration erected non-tariff barriers against a number of import goods, particularly from Japan.
Nonetheless, there are some key differences between these episodes and the latest wave of tariff increases. For starters, the timing is surprising. Until 2018, globalization seemed like an unstoppable and irreversible force. International trade was considered to be completely liberalized, and any talk of trade policy was met with yawns in academic and policy circles alike. Stranger still, the rise of protectionism has come at a time when US unemployment is at a 50-year low, the stock market is up, and GDP growth is projected to be around 3% for the year.
The opening salvo of tariff increases— on washing machines and solar panels— seemed to be geared toward protecting specific domestic industries that had been hurt by import competition. These were soon accompanied by sweeping tariffs of 25% on steel and 10% on aluminium, as well as the renegotiation of the North American Free Trade Agreement (NAFTA). The latest wave has singled out China, presumably to address long-standing concerns about that country’s treatment of intellectual property, restriction of market access, and subsidies for state-owned enterprises. As for America’s trading partners, each has responded in a way designed to inflict political damage on congressional Republicans.
The recent US trade policy thus seems to be motivated by two key priorities: To protect US jobs in import-competing sectors, and to address frustrations with the current trading system that the World Trade Organization (WTO) has failed to resolve. It is this second motivation that makes the current bout of protectionism different—and potentially more dangerous—than other recent episodes.
After all, using trade policy to protect domestic jobs is not new, though it has fallen out of favour over time. Most policymakers now accept that a social safety net and domestic policies such as retraining or relocation subsidies are more effective responses to the displacement of workers in open, constantly evolving economies. The fact that NAFTA survived the renegotiation process with only minor modifications is a case in point.
The real issue, then, is the current trading system and its various shortcomings. In fact, the claim that trade has been completely liberalized in advanced economies is tenable only if one focuses solely on tariffs and ignores “behind the border” measures, which are substantially harder to measure, let alone address. These include regulatory restrictions that hinder cross-border investment; subsidies to domestic industries; licensing requirements that inhibit trade in services; privacy requirements that restrict e-commerce; restrictions on foreign ownership that interfere with inward direct investment; and stringent joint-venture requirements that often entail handing over intellectual property.
If there is one area of wide agreement across countries and political parties, it is that cross-border transactions and regulation leave a lot to be desired.
In principle, these issues should have been addressed through multilateral negotiations at the WTO. In practice, they have been dealt with in an ad hoc fashion, through a slow, overly bureaucratic process that has failed to get to the root of the problem.
The medium- and long-term effects of today’s trade disputes remain to be seen. Simulations based on computational general equilibrium models predict that the current tariff increases will have a small impact on the US and a slightly larger impact on China. In the case of a “full-scale” trade war—meaning 25% tariffs on all Chinese imports to the US, and vice versa—the effects would be slightly larger, but by no means catastrophic.
The greater danger is that today’s policy shifts will continue to create uncertainty, thus reducing investment. Scholars have repeatedly shown that overall investment is highly sensitive to changes in perception regarding the economic environment.
For example, studies have found that investment in a given locality can even be affected by the victory or loss of a local sports team. Now consider the current situation, in which there is growing uncertainty about the future of the rules-based trading system and global value chains. Needless to say, the effect on investment could be chilling indeed.
Moreover, while large economies like the US and China will survive the current contretemps—albeit with bruises— smaller emerging economies have much more to lose. For many of these smaller economies, trade has been the ticket out of poverty. By adhering to the common rules of the WTO, they managed to keep domestic lobbies and special interests at bay and develop economically. Were the multilateral trading system to collapse, protectionist interests around the world would suddenly have little standing in their way.
An optimistic view of the current situation is that it will bring countries to the negotiating table, eventually leading to a more effective multilateral system. Such a system might include a reformed WTO; trade liberalization in services and e-commerce; agreements limiting subsidies and protecting intellectual property; and deeper cross-border regulatory coordination.
An optimist cannot help but draw parallels to the 1980s, when the global trading system was challenged by rising tensions between the US and Japan. Rather than collapsing, the trading system emerged from those disputes stronger than before, setting the stage for the hyper-globalization of the last three decades. Perhaps a similar future for international trade lies ahead.
Or perhaps not. For those concerned about the future of trade, the only certainty about the year ahead is that it will be a nail-biter. ©2018/Project Syndicate
Pinelopi Koujianou Goldberg is World Bank Group chief economist, professor of economics at Yale University, and a former editor-in-chief of the American Economic Review.


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UPDATE: Thrift store gets unexpected delivery
CHATTANOOGA, TN (WRCB) -- A SUV slammed into a local thrift store Tuesday morning, leaving a gaping hole in the side of the building.
The Ladies of Charity Thrift Store, on Rossville Boulevard, wasn't open when the accident occurred about 7:00 a.m. Tuesday.
The vehicle left a truck-sized hole in the building.
None of the passengers were injured.
Officials say the car hit two other cars before crashing. A driver in one of the cars was taken to the hospital with minor injuries.
The accident is being investigated by the Chattanooga Police Department.
According to archives from our partners at the Times Free Press, Ladies of Charity of Chattanooga opened the thrift store in 2008.
The group decided last year to relocate from East Main Street, its location for nearly 30 years, to the higher traffic site with a larger retail space in the former Eyear Optical building.
"Revenue from sales at Greater Good Thrift Store helps fund our programs," store manager Darleen Crowson said in 2008. "We hope the new store name and location will give passersby top-of-mind awareness of us."
According to its website, Ladies of Charity is funded by financial contributions and from the proceeds of sales in the Resale Store. It says the Resale Store has been the major source of funds for many years. All items sold in the store are donated. They include clothing, household goods, linens and furniture. Even many fixtures and displays in the store were donated.
The charity is affiliated with Chattanooga's Our Lady of Perpetual Help church.

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Security researcher finds vulnerabilities in Samsung Galaxy S10 S-boot (Secure Boot) which give root access
Samsung has always prided on its Knox and (S-boot) Secure Boot to keep its Samsung Galaxy S series smartphones safe and secure. The Samsung Knox works by keeping business and personal data compartmentalized and secure on supported Samsung Galaxy S series Android smartphones. If you are using a Samsung Galaxy S series Android smartphone, you would have noticed the Knox secure folder. Samsung Knox is comprised of three components:
- Hardware (Samsung Knox-compatible devices)
- Software (My Knox, found on the Google Play Store)
- Service (Knox-compatible mobile management server)
Samsung Knox increases the security of Samsung Galaxy S Series Android smartphones through:
- Real-time Kernel Protection (RKP)
- DM-Verity malware checks
- Trusted Boot or S-boot or Secure boot.
A security research team from TeamT5 comprising of Cheng-Yu Chao, Hung Chi Su, Che-Yang Wu have found vulnerabilities in the S-boot or Security boot of Samsung Galaxy S series smartphones. They tested their attack on Samsung Galaxy S10 Android smartphone which was released last year in September and has S-Boot or Secure Boot.
The researchers have found they could manipulate the way Samsung Knox handles USB requests and gain root access to the smartphone despite it being locked. They could then use the root access for remote code execution. Potential hackers could use the vulnerability to infect the Samsung Galaxy S 10 with malware, spyware, and listen to all the communications that happen on the victim’s smartphone.
How does S-Boot or Secure Boot work?
When we restart the Samsung Galaxy S series Android smartphone, by default the smartphone conducts a series of protection measures through the Samsung Knox to ensure security. During the booting process, Samsung uses S-boot (Secure Boot) to make sure it can only boot a stocked image. If the Samsung Galaxy S10 has a custom image instead of the stock ROM, it trips a one-time programmable e-fuse a.k.a Samsung Knox.
Once a trust zone app (trustlet) detects that the Samsung Knox has been tripped, it will delete the encryption key for the sensitive data to prevent unauthorized data access to the locked phone. In effect it lets the hacker full access to the Samsung smartphone including the Secure Folder that Samsung prides on.
The researchers found that the Samsung S series smartphone booting sequence can be manipulated using the way the S-boot handles USB requests. The researchers found out that they not only can make the Samsung smartphone boot with a custom ROM without tripping the Knox fuse, they can also retrieve sensitive data from a locked device.
Thankfully, Samsung’s latest smartphone, the Samsung Galaxy S 20 isn’t affected by this particular vulnerability as it will use a new Quantum security chip for the booting instead of S-Boot and Samsung Knox. However, all the other Samsung Galaxy S series smartphones which use the S-Boot and Samsung Knox are vulnerable to this type of attack.
The TeamT5 will demonstrate the Proof-of-Concept (PoC) via satellite link during the upcoming Blackhat conference to be held in August 2020.
We are reaching out to Samsung for comments.


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JAKARTA. PT Metrodata Electronics Tbk (MTDL) announces its latest collaboration with cacaFly to establish a joint venture called PT cacaFly Metrodata Indonesia (CMI), a data-based marketing solution and service provider.
CMI’s shares will be dominated by cacaFly with 51% ownership, leaving the remaining 49% to MTDL.
Susanto Djaja, President Director of MTDL and President Commissioner of CMI, mentioned that this joint venture formation acts as a response to the increased user acquisition cost. According to Djaja, this higher cost resulted from the cookie technology that is about to be eliminated gradually.
“The combination between the cacaFly’s record of success in applying data science to the digital marketing industry and our experience and professionalism in the domestic market will lead CMI to be an agency with the most beneficial position in Indonesia in the upcoming post-cookie era,” Djaja explained in an official release.
After this establishment in Indonesia, CMI will become the agency partner of Gojek Ads Network (GoGAN) and form a partnership with TikTok Indonesia.
For the contect, cacaFly is a digital marketing agency based in Taiwan. This agency has expanded its service to several Southeast Asia countries, including Malaysia, Vietnam, and Japan. (KR/ZH)


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China, once firmly tied to its traditional roots and the prevalent use of physical money, is now emerging as the central pillar of the digital revolution in the global financial landscape. This transformation has catapulted the nation from a cash-dominated culture to a pioneer in the era of electronic payments, setting it as a shining example for economies around the world.
Among the most revolutionary innovations brought about by this change is the e-CNY, China’s digital currency, with the extraordinary ability to function even in the absence of an internet connection. This feature has sounded like an alarm bell in the financial world, signaling a momentous shift in the landscape of electronic transactions.
The Bank of China Ltd. has led this revolution, collaborating with telecommunications titans such as China Telecom and China Unicom. Not long after, the Industrial and Commercial Bank of China Ltd. emulated this initiative, forming a partnership with China Mobile to offer a similar service.
China places great emphasis on NFC technology
The beating heart of this metamorphosis is NFC technology, which facilitates wireless transactions in close proximity. To benefit from e-CNY in offline mode, users need an advanced SIM card equipped with NFC capabilities, ensuring transactions even in conditions of network absence or low battery.
China’s digital evolution began with innovative platforms like Alipay and WeChat Pay, creations of technological giants like Alibaba and Tencent. These mechanisms, capitalizing on the massive spread of smartphones, have revolutionized the way the Chinese handle their payments.
But China’s vision doesn’t stop here. Since 2014, it has invested energy in the development of e-CNY as the country’s official digital currency. This currency, under the strict supervision of the Chinese central bank, promises levels of security and traceability that traditional cryptocurrencies struggle to match.
In conclusion, with the introduction of the operable offline e-CNY, China has solidified its position as a leader in financial innovation, offering the world a taste of the future of digital payments.


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With end of shutdown, High Point Market begins Saturday on higher note
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Tom Conley, president and CEO of the High Point Market, said a continued shutdown would have hung a cloud of uncertainty over an already fragile economy and the twice-yearly furniture industry trade show, which lasts through Thursday.
But with the shutdown over, Conley is expecting about the same number of attendees as last October's market. More than 75,000 people registered for the October 2012 show, he said.
That said, Conley said the High Point Market Authority is focusing less on total attendance figures these days because the poor economy has decreased the total number of furniture retailers represented at the shows.
He said the authority is more focused on the total market share coming from the smaller yet powerful pool of players such as Pier 1 Imports, IKEA and Ashley Furniture that are represented at the High Point Market. All told, the group represents about 90 percent of total furniture market industry sales, Conley said.
The authority is also promoting the economic impact of the event. A new study by Duke University commissioned by the High Point Market Authority shows the twice-yearly High Point Market has an economic impact of $5.4 billion and creates more than 37,000 jobs.
Despite the ups and downs of the economy, optimism remains among show exhibitors, who aim to entice retailers to purchase their wares to sell in their stores.
Earl Wang, president of Legacy Classic Kids, a manufacturer of youth and nursery furniture, is expecting to do particularly well at this market with the launch of a new collection with celebrity designer Wendy Bellissimo, called Inspirations by Wendy Bellissimo. He expects the collection will help Legacy Classic Kids build the brand as a leader in durable, stylish and safe products.
Wang said the demand for children’s furniture isn’t as affected by the whims of the economy as other sectors of the furniture industry.
“You can’t postpone or put off that purchase, it’s kind of a necessity," he said. "People will always be in the market for buying kids furniture.”
Katie Arcieri covers manufacturing, transportation/logistics, aviation, textiles, tobacco and furniture. Contact her at 336-370-2913.
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Recently the news has come on the internet that Microsoft had been considering selling its Being search motor to iPhone maker Apple around 2020, a deal that would have returned Google with Bing as the defaulting examination engine on all Apple gadgets including Macs, iPhones, and iPads etc. Since the news has come on the internet it circulated on the social media platforms. This news left many questions in people’s minds and now they are very curious to know about the whole information about the news. Here we have more information about the news and we will share it with you in this article.
According to the report, Microsoft leaders even met Apple services chief Eddy Cue and consulted the probability of Apple developing Bing. Cue is reliable for sewing together Apple’s recent deal with Alphabet which which makes Google the bankruptcy tracking machine on all Apple widgets. However, the report mentions that discussions between Microsoft and Apple were testing and they never came to the advanced stage. It also mentioned that money developed by Apple on the deal with Google could be the cause for the Cupertino-based company’s falling to acquire Bing. Allegedly, Apple had doubts if Bing could compete in quality and features. Scroll down to the next page for more information about the news.
Collaboration between Google and Apple
Google was first utilized as the bankruptcy search engine in Apple’s Safari brown 2002 and since then the deal has changed multiple times. As per the US Department of Justice data reproduced by Bloomberg, Apple collected around $4 billion to $7 billion from the consensus between the two parties by 2020. Notably, Apple had used Bing as the default web search engine inside Siri and Spotlight between 2013 and 2017 before going back to Google with an updated revenue-sharing agreement. You are on the right page for more information about the news, so please read the complete article.
Microsoft’s advertisement and web services chief, Mikhail Parakhin attested during the Google antitrust trial that Apple never thoughtfully thought about changing to Bing as the defaulting examination machine for iPhones. He also stated, “Apple has been creating more money on Bing existing than Bing does…We have been always trying to persuade Apple to use our search engine. Google has been sued by the US Justice Department over allegations that the tech giant smothered over the competition by paying companies. Here we have shared all the information that we had. Stay tuned to us for more updates.


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USSEC Promotes U.S. Soybean Products at Expo ANTAD in Mexico
- General News
USSEC promoted U.S. soybean products at Expo ANTAD 2014 in Guadalajara, Mexico from March 12-14. Consultants Jorge Martinez, Pedro Gonzalez and Adela Perez coordinated USSEC’s booth. Expo ANTAD is the major trade show for the retail segment in Mexico and Latin America. Approximately 2200 exhibitor companies from Mexico, Argentina, Canada, Chile, Spain, Turkey and the United States participated in this year’s show. More than 30 soybean products were exhibited and promoted including soybean oils, soy milks, soybean texturized protein foods, snacks and tofu manufactured by eleven companies that consume U.S. soybeans in the Americas region. A USSEC member who manufactures natural soybean and organic healthy food products for the retail private label and food service sector participated at the USSEC booth. The USSEC consultants assisted managers and representatives of many companies in the exhibition and promotion of their products, making more than 50 new commercial contacts in the process.
As a result of their participation in this trade show, one soybean oil refinery initiated negotiations to sell two soybean oil brands in two retail chains in the northern and western regions of Mexico; these chains each have more than 60 stores. A participating soybean oil refinery initiated negotiations to sell two soybean oils brands to a distributor in Guatemala and five soy foods producers reinforced their trade relationships with Mexico’s leading supermarket chains. The Expo ANTAD 2014 trade show produced very positive results that increased the sales of the soybean products of participating companies and the consumption of U.S. soybeans.


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FedEx Corp., the nation's second-largest parcel shipper, cut its profit forecast for this quarter and the full year Friday because of rising fuel costs and weak demand for freight shipments.
Shares of FedEx fell $4.57, or 4.5 percent, to $96.80, on the New York Stock Exchange.
Earnings will be $1.45 to $1.55 a share in the fiscal second quarter ending Nov. 30, down from $1.60 to $1.75 earlier, FedEx said in a statement Friday. The full-year forecast was trimmed to a range of $6.40 to $6.70, down from $6.70 to $7.10. FedEx also pared its fiscal 2008 forecast in September.
FedEx is being pinched by a drop in freight demand from declines in U.S. home building and industrial production and fuel prices that are rising faster than the company's surcharges to cover that expense.
FedEx is responding by cutting expenses and reviewing planned spending, the company said in a statement.


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As Walgreens carefully considers how to best execute the second step of its acquisition of Alliance Boots, Walgreens on Tuesday relayed its progress in improving its domestic business, including the company's success in winning the prescription business of high-value seniors and the pending national launch of its Boots No7 beauty brand.
Merck announced on Friday that it is commencing, through a subsidiary, a cash tender offer to purchase all outstanding shares of common stock of Idenix Pharmaceuticals. On June 9, Merck announced its intent to acquire Idenix.
More than 1-in-4 Rite Aid locations now reflect the latest in healthcare retailing — the company's Wellness store format, the concept that serves as a cornerstone to Rite Aid's overall health-and-wellness solution, John Standley, Rite Aid chairman and CEO, told analysts Thursday morning.
Starting off the year with a strong momentum, Kroger posted a 9% increase in first-quarter sales, which marked the first period that includes Harris Teeter in the statement of operations. Based on its strong quarter, the company has raised its fiscal 2014 guidance.
Allergan issued a statement Monday, reiterating the company's concern for what it calls Valeant Pharmaceuticals’ “unsustainable business model, which relies on serial acquisitions and cost reductions, as opposed to top-line revenue growth and operational excellence,” the company stated.


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NEW YORK SC Johnson may be looking to sell its shaving business, which includes the Edge and Skintimate brands, according to a Financial Times report.
According to the report, people with knowledge of the sale process say the business could be valued at about $200 million and, while a range of potential buyers have expressed an interest, Energizer Holdings could be the likely buyer.
A spokeswoman for SC Johnson said it does not publicly discuss such matters.
Meanwhile, an Energizer spokesperson said the company does not comment on rumors or speculation, the Financial Times reported.
Energizer's personal care division offers a range of consumer products in the wet shave, skin care feminine care and infant care categories. The company's portfolio includes such brand names as Schick and Wilkinson Sword men's and women?s shaving systems and disposable razors.


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Yes, Binance can be used for NFTs.
Binance, one of the world’s largest cryptocurrency exchanges, has announced that it will launch a dedicated marketplace for non-fungible tokens (NFTs). The move comes as the popularity of NFTs continues to grow, with a number of high-profile sales and partnerships being announced in recent months.
The Binance NFT marketplace will launch in Q2 2021 and will initially support the sale of digital art and collectibles. The exchange plans to expand the marketplace to include other NFT categories such as gaming, digital assets, and more in the future.
Binance CEO Changpeng Zhao said that the launch of the NFT marketplace is part of the exchange’s commitment to supporting the growth of the cryptocurrency ecosystem. He added that NFTs are a “natural extension” of Binance’s existing business and that the exchange is well-positioned to provide a “safe and trusted” platform for buying and selling NFTs.
The announcement comes just days after Binance announced that it had invested $5 million in Dapp.com, a website that tracks activity on decentralized applications (dapps).
The investment is part of Binance’s $100 million fund dedicated to investing in blockchain and cryptocurrency startUPS.
With its investment in Dapp.com and now its plans to launch an NFT marketplace, Binance is clearly betting big on the future of decentralized applications and non-fungible tokens.
With its vast resources and user base, Binance is well-positioned to become a major player in the growing NFT space.


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Carat retains DfT's Think! business
By Katherine Levy, campaignlive.co.uk, Thursday, 26 July 2012 11:15AM
Carat has retained the communications planning business on the Department for Transport's £3.5 million Think! road-safety account.
The agency triumphed in a pitch against Starcom, MediaCom and Arena Media.
Carat, which has worked on the business for ten years, has been appointed with a new, three-year contract. M4C will continue to handle media buying for above-the-line activity.
Mark Hughes, the business director at Carat, said: "We already had a strong relationship with Think! and DfT. That they chose to remain with us for their new strategy is testament to their trust in Carat to unlock the value of media to deliver against their objectives of reducing death and casualties on our roads."
Abbott Mead Vickers BBDO and Leo Burnett have both created recent Think! road-safety campaigns. However, budgets have been hit in line with a reduction in overall government advertising spend.Follow @KatherinePLevy
This article was first published on campaignlive.co.uk
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The corporate’s borrowings stood at Rs 40,000 crore as on March 31, 2022 and the rise within the borrowing restrict will give it a technique to increase as much as Rs 60,000 crore as loans.
Reliance Retail’s newest annual report mentioned the corporate will search shareholder approval at its upcoming annual common assembly on September 30, elevating the present restrict of Rs 50,000 crore “for the aim of doing enterprise of the corporate”.
Reliance Retail is accelerating growth with plans to open over 2,000 brick-and-mortar shops yearly, specializing in smaller markets. Additionally, Reliance needs an even bigger share of the e-commerce pie with JioMart, Ajio Reliance Digital and a brand new platform devoted to third-party sellers. The Ambani household had additionally lately introduced plans to take an enormous step within the FMCG enterprise.
In accordance with latest disclosures, Reliance Retail had invested Rs 30,000 crore in 2021-22 to increase its retailer presence on acquisitions and strategic partnerships.
Reliance Retail’s newest annual report mentioned it stood at Rs 40,756.44 crore as on March 31, 2022, of which Rs 12,021 crore have been long-term borrowings and Rs 28,735.44 crore have been short-term loans. Of the brief time period loans, Rs 28,733.7 crore are unsecured loans and advances from associated events. That is within the type of an inter-corporate deposit from the holding firm.
The quick holding firm of Reliance Retail is Reliance Retail Ventures Restricted, a majority owned subsidiary of Reliance Industries Restricted.
“On condition that the majority of the prevailing debt is short-term that must be repaid inside a yr, it’s attainable that Reliance Retail could also be seeking to refinance short-term loans to scale back money movement,” mentioned Mohit Yadav. Mentioned, founding father of enterprise intelligence agency AltInfo. “The substantial improve within the borrowing restrict means that they’re taking a look at borrowing extra for growth and working bills,” he mentioned.
An e mail despatched to Reliance Retail didn’t elicit any response until press time on Wednesday.
A yr in the past, Reliance Retail had taken shareholder approval for a borrowing restrict of Rs 50,000 crore. As per the annual report, the borrowings of Reliance Retail in 2020-21 stood at Rs 14,745.88 crore which was fully short-term debt.
Reliance Retail’s standalone income from operations for 2021-22 grew 29% year-on-year to Rs 1,93,456 crore, whereas web revenue stood at Rs 4,934 crore. The enterprise crossed the one-year EBITDA milestone of Rs 10,000 crore for the primary time in FY12 and posted an all-time excessive EBITDA of Rs 10,365 crore, a progress of 24%.
The corporate mentioned within the annual report that it opened over 2,000 new shops over the past fiscal, taking the entire quantity to 14,385 shops with a complete space of 39 million sq. ft. It mentioned it greater than doubled its warehousing and success capabilities, and likewise doubled day by day orders throughout all of its ecommerce channels. The registered buyer base grew by 24% year-on-year to 193 million in FY12. Reliance Retail additional mentioned that the service provider accomplice base in new commerce (B2B gross sales digitally) has greater than tripled final yr.


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Azul Hospitality Group has announced the promotions of Alvaro Fraile to CEO, and Mark Crisci to president of the organization. In his new role Frailewill provide oversight for all of Azul’s hospitality-related operations, while Crisci will focus on the company’s administrative, legal, and business matters.
Omni Hotels & Resorts has announced the appointment of Vince Parrotta as its new COO. In this newly created position at Omni, Parrotta—who has over 40 years of operations experience—will oversee hotel operations as well as related brand and guest experience roles.
Hilton has named Beth Jafari as vice president, global government affairs. She most recently served as senior government relations counsel at Kelley Drye & Warren LLP. Reporting to Katherine Lugar, EVP, corporate affairs of Hilton, Jafari will oversee the vision, strategy and execution for Hilton’s advocacy, government affairs, trade associations, and public policy globally.
The Joseph, a Luxury Collection Hotel, Nashville, has appointed Xavier Moulin to the position of managing director. In his new post, Moulin will oversee the hotel’s operations, ensuring that guests continue to experience exceptional service, refined experiences, and the local culture for which the hotel is known.
HRI Hospitality has made two appointments to lead the opening of Tempo by Hilton Nashville Downtown, adding Rick Schatz as general manager and Ronni Anderson as director of sales and marketing. In their new roles, Schatz and Anderson will oversee the property’s 306 rooms, multiple food and beverage concepts, fitness center, outdoor pool and event lawn, fifth-floor sky lobby, and 10,000 sq. ft. of indoor and outdoor event space.
The Magnolia Denver announced the addition of two new leaders joining the Tribute Portfolio Hotel. James Ancona has been appointed as the new general manager and will oversee all aspects of the hotel, while Genevieve Belou will serve as director of sales and marketing for the property.


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Advanced Micro Devices Inc. and Qualcomm Inc. both announced acquisitions on Monday that will help diversify into greater software holdings as analysts question growth in the chip makers’ core businesses.
plans to acquire data-center software platform company Pensando for about $1.9 billion “before working capital and other adjustments.” Pensando’s distributed-services platform is already in use at Goldman Sachs Group Inc.
Hewlett Packard Enterprise Co.
International Business Machines Corp.’s
Cloud service, Microsoft Corp.’s
Azure cloud service, and Oracle Corp.’s
Cloud service, all of which praised the service in AMD’s announcement.
“To build a leading-edge data center with the best performance, security, flexibility and lowest total cost of ownership requires a wide range of compute engines,” AMD Chief Executive Lisa Su said in a statement. “All major cloud and OEM customers have adopted Epyc processors to power their data center offerings. Today, with our acquisition of Pensando, we add a leading distributed services platform to our high-performance CPU, GPU, FPGA and adaptive SoC portfolio.”
AMD’s data-center chip business has been consistently growing at a much higher rate than rival Intel Corp.
Back in February, AMD reported that sales from the unit that includes data-center chips soared 75% to clear $2 billion from the year-ago quarter.
“Everyone wants a piece of the data-center action,” Maribel Lopez, principal analyst at Lopez Research, told MarketWatch. “It’s a huge growth market for 2022 and beyond.”
AMD’s core market, personal computers, does not appear to be a growth market right now, as a pandemic boom eases. The company was downgraded by a Barclays analyst last week due to those concerns, which also led to downgrades for PC manufacturers HP Inc.
and Dell Technologies Inc.
Qualcomm is focusing on the automotive market, where Nvidia Corp.
is also making big investments, while doubts about the smartphone market persist. JP Morgan analysts removed Qualcomm as well as Apple Inc.
from their top-picks list late last week on concerns about softening smartphone sales.
Qualcomm is adding to its auto business with Arriver, having closed its complicated deal with investment firm SSW Partners on Monday. Back in October, Qualcomm and SSW Partners agreed to acquire Stockholm-based Veoneer Inc.
for $37 a share, or $4.5 billion, with Qualcomm receiving Arriver. That offer topped an already agreed-upon buyout bid of $31.25 from Magna International Inc.
Less than nine months prior to Qualcomm’s October announcement, Veoneer and Qualcomm had formed Arriver to address the need for scalable and upgradeable auto ecosystem software.
In an interview, Qualcomm Chief Financial Officer Akash Palkhiwala told MarketWatch he could not comment on how big a part Arriver was of that $4.5 billion, noting that the company would provide more financial details in its earnings call on April 27. Palkhiwala said that with Qualcomm getting Arriver in the deal, SSW will seek to divest the rest of Veoneer.
Arriver is expected to help Qualcomm develop a full automated-driving stack to sell to auto manufacturers, leveraging its experience in smartphones, Palkhiwala told MarketWatch.
“What’s happening is that the car is becoming like a smartphone on wheels,” Palkhiwala told MarketWatch. “They’re all getting connected to the cloud and they all require Edge processing, which is very much like phones. The phone is the most cloud-connected device there is today, and cars are effectively becoming that.”
“It creates the unique opportunity for us to take the technologies and the assets we have in phones and bring them to cars,” Palkhiwala said.
Qualcomm has recently announced collaborations for its Advanced Driver Assistance System, or ADAS, software on the Snapdragon Ride platform with General Motors Co.
AMD said that Pensando, which would become part of the company’s Data Center Solutions Group, would be headed by current Pensando CEO Prem Jain. AMD expects the deal to close in the second quarter of 2022. The announcement of the Pensando deal comes after AMD closed its massive $49 billion acquisition of Xilinx on Valentine’s Day.
“The deal seems to make sense, bolstering AMD’s enterprise datacenter solution offerings as well as strengthening their smartNIC portfolio (Pensando’s Distributed Services Card offerings should complement Xilinx’s products here),” Bernstein analyst Stacy Rasgon wrote in a note. “And the $1.9B price tag seems easily manageable given the company’s $3.6B current cash balance and quarterly [free cash flow] run-rate that is quickly exceeding $1B+ (so we don’t think we see the relatively new buyback narrative being impacted by the deal).”
Rasgon has an outperform rating and a $150 price target on AMD’s stock.
Shares of AMD rose more than 2%, while Qualcomm shares advanced more than 4% in Monday trading.


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BRedwood, good-looking, 48-year-old Eric Larchevc, would go unnoticed if he didn’t get into a big Parisian hotel. Behind his restrained approach, however, hides a French businessman who has invested heavily in digital currencies, particularly in the adventure universe. Larchevêque created Ledger, which has already sold millions of cryptocurrency wallets in USB key format. He is also at the origin of Coinhouse, a brokerage that wants to become Europe’s first cryptobank, and raised 55 million euros in the midst of the “crypto” crash.
Since November 2021, Bitcoin has been in free fall – its value has dropped from $69,000 to $20,000. Despite this Berezina, Larsevk remained hopeful: “There have always been ups and downs. » He has…
Con Renaud for “The Point” (x2)
You are currently reading: This boss who blesses bitcoins


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Deforestation has long been known to be a crime against the planet and of serious detriment to the environment. Rainforests that have covered the land for thousands of years are being eaten into every day with little or no regard for the consequences once this valuable carbon sink has been destroyed in order to feed the developed world’s hunger for consumer products.
Tag Archives for deforestation
A new campaign launched by environmental campaign group Greenpeace is calling on consumers to take steps to help increase awareness about the detrimental effects that the footwear industry can have on the world’s rainforests.
2009 has been officially declared as ‘Year of the Gorilla’ in an attempt to promote this important creature and increase awareness of the threats the species faces that could have a serious effect on gorilla populations. A project by YoG is looking to supply local people of the Virunga National Park in the Democratic Republic of Congo with affordable fuel efficient stoves to reduce the demand for charcoal from the rainforests.
Harnessing the power of digital media, Prince Charles has launched a new campaign to spread public awareness of the importance of the rainforest and acting to stop further deforestation and destruction while we still can.
American consumption of super soft luxurious toilet paper has been claimed to be worse for the environment than driving a Hummer. The problem comes from softer thicker brands of toilet tissue being manufactured using pulp from virgin forests which have stood for thousands of years, and is therefore devastating to the environment.
Comments from Kimberley-Clark, producer of a number of popular toilet paper brands are pointing the blame at Americans, one comment from a spokesperson being that if consumers wished to purchase recycled tissue products instead of those made from standing trees, they are free to make that choice. However this comes from a company that claims to have an Environmental Sustainability Policy; so much for corporate responsibility… Recycled products only make up 2% of sales of toilet paper in the US, compared to up to 20% across European and Latin American countries. When you consider that Kimberley-Clark spend 25 million dollars on advertising campaigns telling people to buy their velvety soft luxurious loo roll it is hardly surprising.
So is it a case that the need to have softer products is all a marketing ploy at the cost of the environment? Greenpeace is asking exactly this question, and cites an article where Kimberley-Clark even admitted that by using recycled fibres, the company has created tissue that has the softness that customers expect from their products. In a campaign to help consumers make informed ethical choices about the products they buy, Greenpeace has produced a leaflet to name and shame those companies whose green credentials don’t hold water, which you can read or download from their website.


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Sony will roll out PS3 firmware update June 27 to fix systems bricked by 4.45 update
After Sony pulled out its most recent PS3 firmware update that caused game consoles to hang at startup, the manufacturer has promised that a new system software will be released on June 27 to fix the bricked units.
The firmware version 4.45 caused problems with PS3 systems and caused the consoles lock during boot up.
"Hi guys, we have identified the issues related to PS3 software update (4.45) that impacted a small number of PS3 systems earlier this week," announced the Sony PlayStation Europe Twitter account. "A new system software update is planned to be released on June 27 that resolves the issue." Sony did not say what it identified.
The same Twitter account apologized to the affected PS3 owners. Sony did not post the same message on the main account of PlayStation on the social media platform.
The PS3 4.45 version update was supposed to offer stability to the gaming console but instead did the opposite. The most recent update would have also pushed trophy notification options.
The PS3 forums in the United States were flooded with comments from disgruntled game console owners. A PS3 firmware fix was hinted on the online community site as early as Tuesday June 18 while users warned other PS3 owners not to do system restore since it will force them to reformat the system. Others were thankful that they can still get onto the system's safe mode that will permit them to run an update when it becomes available.
The PS3 manufacturer retracted the problematic firmware update from its website as soon as they received the reports from gamers.
The public-relation nightmare took place a few days after Sony outmaneuvered Microsoft during the E3 2013 gaming conference, where it announced the pricing for the PS4. Sony will be selling the PS4 for $399.99 or $100 cheaper than the Xbox One.
Sony's announcement that it will not require PS4 owners to go online in order to play forced Microsoft to reverse its earlier announcement about the Xbox One. The latter killed its restrictions on used games selling and dropped the need for online check-ins once in 24 hours.
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Once a brand gains the trust and loyalty of its market, it is only logical that it attempts to flex its dominant muscle. Such is the tale that fits the recent price hike coming from the stable of Netflix. Having baited consumers into believing that streaming, and not cable subscription, is the right way to go, Netflix has now decided to drop its own form of a bombshell on consumers in the form of price increment. The news, which was announced earlier this year, detailed that Netflix would be raising prices across all of its plans by 13 to 18 percent.


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Evolva, the Swiss-based firm that develops and commercialises ‘next-generation speciality ingredients’ for health, wellness and nutrition markets, is to cut its workforce by 43% in an attempt to arrest losses.
The company, which gained a new CEO last month, has also announced management group departures and is to spin off its Indian research arm.
The Reinach-headquartered business, which has seen a partnership with Cargill on Stevia-based sweetener EverSweet face delays, is to cut its headcount to 100 from the current 178 as it attempts to reduce operating expenses by CHF11m (US$11.52m).
Chief business officer Pascal Longchamp, chief scientific officer Jorgen Hansen and India head Panchapagesa Murali will step down before the end of 2017, while the Chennai, India, branch of the organisation will be spun off into an independent research and development services group.
It will centralise research and development activities predominantly at its headquarters in Switzerland.
The action has been taken to help stem the company’s losses, which widened to CHF20.3m in its first half.
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Evolva said it anticipates its annual operating expenses ‘run rate’ will decrease by approximately 30%, or roughly CHF11m, developing full effect in the second quarter of 2018.
But it said it will take a one-time charge in 2017 against its profit and loss statement of around CHF5m and estimates capital expenditures for the centralisation of its laboratories and small-scale fermentation equipment to equal around CHF1m, with the majority being spent in Q4 2017.
Evolva CEO Simon Waddington said: “Evolva is undertaking the next logical step in its own evolution. Both our leadership and operations will be significantly optimised to ensure that our products achieve their full potential and our innovation engine remains strong.
“The choices we make today will strengthen our ability to deliver commercial success, realise future innovation breakthroughs, and produce shareholder value.”
Evolva announced in its half-year results further details of its future intended strategic direction to aggressively grow product revenues and accelerate the path to a cash flow break-even position.
The firm said guidance on product revenues – forecast to more than triple in 2017 over the previous year – is not expected to be affected by the restructuring.
It said it will enter commercial collaborations with “market leading companies” in addition to selected direct sales.
Evolva said it will provide a further update on commercial strategy and mid-term targets later in the third quarter of this year.


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Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene.
In the first half of February, major headlines featured companies like Amazon and Nubank. Here are the product launches, partnerships, and expansions we saw in the last two weeks.
- Lending and payments fintech Kueski announced a partnership to offer ‘Buy Now Pay Later’ payment plans to Amazon clients in Mexico. Read more at Latamfintech Hub.
- Argentinian payment startup N1u partnered with GOcuotas to offer installment plans to its clients in the gaming space. Read more at Latamfintech Hub.
- Rivium, an investment app for the US stock market, sealed a partnership to integrate its investing offerings with Now‘s multi-product digital banking solution in Mexico. Read more on Latamfintech Hub.
- Mexican fintech Bonanza launched three virtual credit cards in collaboration with Pomelo, aiming to help individuals build a credit history without incurring debt. Read more at Latamfintech Hub.
- Tapi, an Argentinian payment technology startup, announced a partnership with payment processing solution PESPay to incorporate Cash In and Cash Out services in its suite of offerings. Read more at Latamfintech Hub.
- Chilean car rental startup Lolocar launched in Uruguay with 400 cars in circulation, and announced plans of further expansion to Peru, Colombia, and Brazil. Read more at DFSud.
- Simplestate, an Argentinian fintech facilitating investment in the US real estate market, announced its expansion to Mexico. Read more at DFSud.
- Brazilian neobank Nubank launched a “Tap to Pay” solution for Brazilian iPhone users two days before Carnaval, allowing retailers to use their mobile phones to process card payments. Read more at Latamfintech Hub.
- Latitud, a product suite for venture-backed startups in Latin America, launched a digital solution that automates offshore regulatory and tax services under Latitud Compliance. Read more at Business Insider.
- Brazilian education fintech Educbank announced a financial protection insurance product for students in the private education system. Read more at Latamfintech Hub.
- Payments fintech RecargaPay announced the launch of a new card terminal tailored for corporate clients in Brazil, with initial fees of 3.09%. Read more at Latamfintech Hub.


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Zero Motorcycles has unveiled its 2012 model line, featuring a completely new powertrain that gives its electric cycles vastly improved speed, range and battery life.
Volvo has released a series of 10 videos guaranteed to raise an EV geek’s pulse rate to 400 volts.
What does a zippy two-seater sports car have in common with a plodding oceangoing car ferry? Both are moving into the new century under clean, high-tech electric power. A Scottish shipbuilder has announced plans for the world’s first PHEV ships. Operator CalMac Ferries will use the two roll-on-roll-off car ferries on short routes around Scotland’s… Read more »
Europe’s regulatory body, the Technischer Ueberwachungs Verein (TUV) released test results showing that the Karma achieved a range of 51.6 miles in electric-only mode.
October sales figures have revealed an upset in the EV race – The Chevy Volt had its best month ever, selling 1,108 units
A wave of good news has buoyed Tesla’s stock price even in the recent choppy market.
Autoweek TV’s Mark Vaughn visited KleenSpeed Technologies and took a drive in thier EV-X11 racecar. Very cool! SPECIFICATIONS KleenSpeed EV-X11 EPS ; KleenSpeed Power & Drivetrain / UQM Technologies Motor Controller ESS : KleenSpeed Energy Storage System & Control Interface 4 KleenSpeed Battery Packs 430 Volts 15.4 kW/hrs BMS : KleenSpeed Battery… Read more »
Ford has released long-awaited details about the 2012 Focus EV, and begun taking reservations in two preliminary markets.
CARB has announced a new program which offers fleet owners incentives between $10k and $15k per vehicle to buy Ford Transit Connect Electric vans.
The Obama administration has agreed to a complete third-party review of all the Department of Energy loans that have recently kept the electric teapot on the boil. Of course, the star of the show will be the half billion bucks that swirled with stinky solar startup Solyndra. Also under the mediascope will be loans to… Read more »


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SHELTON, Conn. (AP) _ NanoViricides Inc. (NNVC) on Monday reported a loss of $8.1 million in its fiscal third quarter.
On a per-share basis, the Shelton, Connecticut-based company said it had a loss of $1.24. Losses, adjusted for non-recurring costs, were 30 cents per share.
NanoViricides shares have nearly tripled since the beginning of the year. The stock has risen 60% in the last 12 months.


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The Internet of Things (IoT) has come a long way since its inception. Believe it or not, it was just 15 years ago that David Brock, co-director of MIT’s Auto-ID Center, authored a white paper, The Electronic Product Code (EPC): A Naming Scheme for Physical Objects, where he proposed utilizing the Internet’s infrastructure to uniquely identify objects.
Fast forward through 2008, when there were more objects connected to the Internet than there were people, to today’s estimate that there will be 50 to 200 billion connected objects by 2020.
This rapid evolution and predicted rate of growth comes as little surprise to those in the business of connected devices. While the consumer IoT hasn’t quite met the lofty expectations created by early cycle hype, the Industrial Internet of Things (IIoT) has quietly taken off as businesses have recognized the value of connected buildings, factories, and assets. In the recent IoT 2020 business report published by Schneider Electric, it was found that 70% of business decision-makers recognize the business value, and greater potential, of the IoT.
All that said, IoT and the IIoT, Industry 4.0, or whatever term you prefer, are really just tidy descriptors for new solutions to age-old problems: how does a business, whether it’s based in a warehouse, office, or retail space, grow more efficient, more safe, and more sustainable?
Addressing these opportunities through connected assets is what often comes to mind. But the software that makes sense of the massive amounts of data collected by those assets is paramount. For Digital Lumens, that’s where LightRules®, our lighting control and business intelligence platform, comes in. Through centralized data analysis and system control, it offers the ability to truly understand how a business is operating and, most important, how it may operate more efficiently.
To see LightRules in action, check out our “Day in the Light” video, which demonstrates exactly how our sensor-based building intelligence can be put to work and why, with so many devices able to be connected, software is the next big thing for businesses seeking to become more productive.


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Questions are still left unanswered after more than 750 Canadians received seed packages in the mail, according to the Canadian Food Inspection Agency.
Canadians have been issuing reports since July, urging the agency, along with the Canada Border Services Agency and Canada Post, to investigate the unsolicited seeds coming in from across the globe.
The seeds are considered low-risk but those who received the seeds are being asked not to plant them due to their unknown origins.
— Canadian Food Inspection Agency (@InspectionCan) August 6, 2020
“It remains unclear why some Canadians are receiving the seeds, or their originators, although some of the recipients reported having ordered seeds online in the past,” reads a statement from the CFIA.
According to the agency, the seeds range from tomato, strawberry, and weed seeds among others such as flixweed and shepherd’s purse.
One reason this could be happening, stated the agency, is due to an e-commerce business trying to ramp up their online sales.
This is known as “brushing” where unsolicited products are being sent to people and positive fake reviews are being shared, according to the CFIA.
“The CFIA continues to work with the Canada Border Services Agency and Canada Post, as well as with its international partners to identify the seed origins and stop the flow of unsolicited seeds into Canada.”
The agency asks those who have these unwanted seeds to report them to the CFIA office and to avoid “planting, flushing, or composting the seeds.”


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The 2022 Oscars ceremony will go down in history as being anything but boring.
After comedian Chris Rock made a joke about Jada Pinkett Smith’s alopecia, a condition that causes the hair to fall out, her husband, Will Smith, walked onto the stage and slapped the presenter.
Returning to his seat, the actor, who went on to win the Best Actor for his performance in King Richard, shouted: “Keep my wife’s name out of your fucking mouth.”
Headlines around the world exploded with speculation as the international community held their breath for Smith’s apology, which later came.
But there’s another piece to this story.
A spotlight has been firmly shone on the hair care condition that has blighted 147 million people worldwide, according to the National Alopecia Areata Foundation, and it shows that there is a long way to go before the hair loss condition will achieve acceptance in the beauty industry.
Avon is one of the few beauty brands to have hired a member of the public with alopecia to appear as part of its HerStory fragrance campaign.
Christala Fletcher, a professional wig maker, meanwhile, was tapped by beauty name Monpure to act as its Hair Loss Ambassador.
Aside from Pinkett Smith, supermodel Tyra Banks and former Little Mix band member Jesy Nelson have opened up about their battles with alopecia.
But as an industry that has a ‘fix’ for every need, why are people who are suffering with alopecia being underrepresented?
“Since ancient times having healthy, luscious locks has always been associated with beauty, attractiveness, health and youth,” Sharon Wong, a consultant dermatologist and hair specialist, tells Cosmetics Business.
“Whilst the devastating impact of alopecia-related hair loss can also affect some men to the same degree as women, it is generally less common to see women with hair loss publicly.
“For this reason far more women who experience hair loss will have feelings of shame, unattractiveness, social anxiety and poor self esteem, and the condition definitely deserves to be spoken about more publicly, both to help castaway shame and to help sufferers recognise the signs.”
She adds: “Increasingly we are seeing brands stand up and take note of hair and scalp care (largely due to the skinification of hair trend), however there are such a diverse range of hair issues that are experienced differently by everyone and for different reasons – that education is key.
A collective responsibility
Tori Rosero, is a SPMU Artist and founder of Glowblade Academy, a semi-permanent make-up academy. She says that she often has women come into her clinic that suffer from alopecia.
“The results last at least 12 months with top ups recommended annually; it’s a low maintenance, waterproof solution to brow loss,” she says.
But, she’s not convinced there’s enough representation around people living with alopecia.
“I think that although there are confidence boosting beauty solutions for people who have alopecia or have experienced hair loss from chemotherapy, there’s not enough awareness around this.
“There are also fewer beauty therapists who are experienced in working with people who have conditions like alopecia.
“It’s important to manage the expectations and emotions of people who have alopecia, as if you haven't had eyebrows for a while it could be quite a shock and adjustment to then see yourself with brows.
“This is something that beauty therapists need to be aware of and carefully manage.”
Alopecia affects 147 million people worldwide
Not only that, CEO of Alopecia UK, Sue Schilling, says that beauticians and hairdressers have an important role to play in helping spot signs of alopecia.
“Alopecia is a little-known condition, and it is often hairdressers or beauticians that notice the loss of hair from the head, eyelashes, or eyebrows, even before the person with alopecia,” says Schilling.
“So, the biggest thing we ask of professionals is to make themselves aware of what alopecia is, understand the psychological impact, and signpost people to get advice from the GP, and also to our website, Alopecia UK.”
Wong has her own initiative that helps provide support for people suffering from hair loss conditions.
Get Ahead of Hair Loss began as an educational event, backed by leading dermatologists, trichologists and hairdressers, offering programmes for those experiencing hair loss.
While her 2020 event was cancelled due to the pandemic, Wong says that the team are working hard to develop an online resource.
TalkHealth is another outlet that helps consumers deal with health conditions.
Articles, product reviews and support programmes can be accessed via its website, talkhealthpartnership.com.
In partnership with TalkHealth, the British Skin Foundation has also developed a forum whereby consumers can meet to discuss their skin conditions and share tips.
These initiatives give hope that people suffering with alopecia can get the support they need.
But now it’s up to the industry to widen its representation to include those that are suffering with hair loss conditions.


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Summer is here! Warmer temperatures, outdoor gatherings and fun in the sun traveling has begun. While some things seem more optimistic, as COVID restrictions have dissipated, there remain some “challenges” that could pose complication to summer plans. For instance, travel costs are rising each month, threatening planned vacations. For those preparing to take road trips this summer, the national gas average per gallon hit $4.95 at end of last month, with highs landing over $6 in some states1. The U.S. Bureau of Labor Statistics reports gasoline prices are up 49% versus last year2.
The rising fuel costs are also impacting the wallets of those taking flights to their summer destinations. Adding to these rising flight prices include reports of the top 11 US airlines planning to fly 12% fewer summer flights, according to data tracker Cirium, primarily because of a lack of pilots, and US leisure destinations are proving to be the most sought-after spots on Earth. All of this translates to far more air travelers than there are airplane seats. This has sent summer fares for domestic travel up 25% from pre-Covid levels and 50% higher than last year, according to travel search engine Hopper Inc3.
Whether your summer plans include driving, or flying, hot temperatures are likely in your future. Forecasts through August, for some areas, point to above average temperatures compared to last year. The northern Rockies, Northern Plains and upper Midwest are most likely to swelter in a hotter than average July this year, while the core of August’s anomalous heat is expected from the Great Lakes to northern New England4.
Along with rising summer temperatures, the UV Index5 across the US remain high leading into July. Sun protection is a must throughout the upcoming months, which based on recent data, consumers are already stocking up. Data for the most recent week ending 5/15/22 posted strong, cross-channel, 33% growth (+$14.2M) for the sun protection and tanning lotion subcategory. Naturally positioned products, which represent 17% of the week’s sales, grew the fastest and contributed more than its fair share (+25%) to the overall growth of the segment. While naturally positioned products remain small in comparison to their conventional counterparts, the growth signals some consumers are shifting towards ‘cleaner’ sun blocking alternatives.
Other summer essentials, beyond sunscreen, include water, frozen desserts, and alcohol. With the sweltering heat, it’s important to stay hydrated. All shelf stable water segments posted growth for the most recent 4 weeks ending 5/22/22. Shelf stable non-carbonated flavored water products, representing 5.7% ($83M) of water sales, grew the fastest at 24% versus the same time last year. Top growing flavors included, fruit blend/mix (18.3%), assorted (25.9%) and tropical (71.9%).
Another way consumers seem to be beating the already present heat, include enjoying frozen desserts. Within this category, frozen novelties, frozen plant based novelties and frozen sorbet, were the only frozen dessert subcategories posting growth. Fozen novelties and frozen sorbet growth was widespread across all product positioning groups, while frozen plant based novelties’ growth came solely from conventional positioned products. Assorted (+5.6%) and vanilla (+1.4%) were the top flavors for frozen novelties. Vanilla (+10.3%) was also a top performing flavor for frozen plant based novel, along with caramel (+15.5%). Within frozen sorbet, refreshing fruity flavors, such as raspberry (+15.4%) and mango (+28.2%) are winning among consumers.
Total US, SPINS Natural Enhanced Channel + SPINS Conventional Channel (powered by IRI) | 4 weeks ending 5.22.2022 | Dessert subcategories ranked by sales volume (High to low)
At the end of a long summer day, sometimes there is nothing better than kicking back and reaching for an alcoholic beverage to unwind from the long hot day. While alcohol is down (-3.4%) for the most recent 4 weeks, there were some bright spots that seem to resonate with consumers leading into summer months. Subcategories such as hard cider (+31.5%) and RTD cocktails (16.1%) posted strong growth for 4 weeks ending 5/22/22. The refreshing cool crisp notes of the cider and convenience of RTD cocktails, make them the perfect summertime choice.
Stay cool, hydrated and cheers to summer!
Looking for more information?
Please contact the SPINS Account Manager for PRESENCE, Mike Murphy at email@example.com.


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Traditionally, physicians have used the skin graft process for replacing
skin for victims of severe burn injuries, which involves taking uninjured
skin from other parts of the body or growing skin artificially and grafting
it over the burned areas of the body. The skin graft process, however,
can take weeks or months to heal, renders the victim prone to infection
and results in new skin that is quite fragile.
Development of the Skin-Cell-Gun
Professor Joerg C. Gerlach and his colleagues at the Department of Surgery
of the University of Pittsburgh’s McGowan Institute for Regenerative
Medicine have been working since 2008 to develop an alternative to the
skin graft process. Scientists now have been testing the Skin-Cell Gun,
which sprays skin cells biopsied from the victim’s undamaged skin
directly onto the burned area in order to help it regenerate skin more
quickly. Use of the Skin-Cell-Gun dramatically reduces recovery time for
victims of severe burn injuries to days, rather than weeks or months.
To date, physicians have tested the Skin-Cell-Gun on about a dozen victims
of severe burns.
Using the Skin-Cell-Gun to repair the skin of the burn victim takes only
about one and one-half hours total, which replaces the many hours that
the skin graft process can entail over a period of weeks or even months.
After spraying the burned areas of the skin, the physicians will cover
the treated area with a special dressing containing tubes that act as
a vein and an artery. The physicians then connect tubes to an artificial
vascular system that feeds the burned areas with substances such as electrolytes,
amino acids, glucose and antibiotics, which function together to give
the skin nutrition, keep the wound sterile and encourage regeneration
of skin cells. Currently, physicians only are using the Skin-Cell-Gun
to treat second-degree burn injuries, but they hope to use the same treatment
on burn victims with third-degree burns in the future.
Victims of severe burns may have legal claims for their injuries that they
or their family members can pursue. If you have suffered a burn injury
due to an accident, you should contact a Sarasota accident lawyer to advise
you of your legal rights. Contact your Sarasota injury attorney today
for a consultation about your injury case.


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Adkins said she was given a 30-day notice last month by the property owner who plans to level the shopping center to include more retail shops. The makeover will include a bigger Vons.
“It’s been a great run,” said Adkins, who took over ownership of the restaurant 17 years ago. “The community has been wonderful and I have some awesome customers and some awesome employees … It’s kind of like my family. It’s sad.”
Adkins said it is unclear whether she will find a new location. Time will tell where and when she will reopen the restaurant, she said.
“Bad news all Omelettarians! Vons have served us our 30-day notice to vacate. The Omelette Parlor will we closing in the next 30 days. We don’t have a new location yet, so get everyone you know to join our page so they can be updated as things progress.”
The Costa Mesa location at 17th Street and Orange Avenue was virtually hidden under the Chester Drawers Inn sign. Community members have raved about the beloved restaurant’s omelets, English muffins and apple butter for years.
Adkins said she would post an exact closing date on the restaurant’s website.
“I’m sad to not be here anymore,” Adkins said. “I’m sad to see this unique restaurant torn down. Even if I find a place, it’ll never be the same.”


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Share Apple bared record-breaking revenue of $18 during the last quarter of last year while Samsung announced company profits declined 37 percent in 2014. Apple also disposed of 74.8 phones against the 73 million of Samsung during the same quarter of that year. This is a very significant change a year earlier when Samsung sold around 83 million smartphones versus the 50.2 million of Apple.
The innovation strategy of Apple transformed consumers thinking regarding post-industrial enterprise. The company’s model for improvement rests on several components. These include the platform and considerable investments in flawless combination of developer and content provider contributions, easy access for users and conflict-free business. The design of the I-phone also re-defined the concept of user interface. Other factors are a competitive internal market as teams struggle against one another on choice projects; effective management of the supply chain; separation of phone parts apparently to exploit the platform and network; radical retail strategies from mobile devices to watches; and, control of customer experiences.
On the other hand, Samsung created its innovation platform based on five elements which enables the company to delineate the concept of hierarchy outside of the traditional approach. These are creating a creative cream of the crop within the company based on innovation training; following and getting around competitors’ patents; steady but easily replicated innovation techniques within the organization; dependence on external know-how for novel ideas; and, multinational methodology.
Research and Development
Apple invested more than $2 billion for research and development during the first quarter of 2015 or $1.1 million daily. This is roughly two percent of net sales. It is a substantial increase over $1.6 billion allocated for the same period of 2014. Apple can invest a maximum of $4 billion over the entire fiscal year. The company espouses the principle that sustained investments in R&D are crucial to its growth outlook and competitiveness in the market. One of the cornerstones of its strategy is to produce user-friendly and beautiful devices that blend seamlessly with a larger system of digital contraptions. Apple is very particular with the choice of new R&D ventures, product design, selection of suppliers, concentrated marketing thrusts, and hiring. The approach shows a pattern of performance associated with such decisions.
Samsung invested $14 billion in 2014 for R&D alone. Part of the focus was on the development of software capabilities to support the company’s potency in hardware. Samsung R&D experts formulate novel concepts through extensive data analysis obtained from research in the field. Analysts and thinkers brainstorm endlessly to come up with the desired innovation solutions. Development teams gather all information and create business strategies based on all the research conducted. During the final phase, the research and development division collaborates with other business units to firm up product models based on requirements of markets and consumers.
Who is Winning and Why?
It seems Apple has been correct all the time as far as smartphone strategies are concerned. For the third consecutive quarter, Samsung reported a 25 percent decline in operating income mainly because of decreasing profits (30%) in its mobile business.
On the contrary, Apple’s iPhone sales went up nine percent even if the company did not move up in terms of operating profit. Nonetheless, its operating income increased 12 percent. Market share of Samsung slipped to 25.2 percent of the entire smartphone market in the second quarter. It plunged from a high of 32.5 percent in 2014 for the same period. Apple’s share also scaled down but only by 11.9 percent. Samsung is losing not only against Apple but in its battle against a lesser-known brand from China called Xiaomi which also uses Android. All these developments make Apple more of a premium mobile phone manufacturer.
The Apple Watch is also emerging as the most influential player in the smartwatch market.
After it was launched in April of last year, the Apple watch went up from zero to around 75 percent while the Samsung shipment of its own version decreased from 700, 000 to 400, 000.
In fact, Apple has sold more watches compared to the aggregate output of Samsung, Sony, Motorola, LG, and Pebble during the whole year of 2014. Rankings in Fortune 500 CompaniesRight now, Apple is number 5 this year in Fortune 500 list of top corporations in the US based on gross revenues. These include $12.5 trillion (revenues). $945 billion (profits) and $17 trillion (market value). It kept the fifth spot for the second straight year after its sixth place ranking in 2013, number 17 in 2012, 35th in 2011, and 56th in 2010. In the world rankings, Apple was number 15 behind Samsung which came out #13 as of March 31, 2015 with $183 billion in revenues compared to Samsung with $195 billion.
Meanwhile, Apple announced the launching of Apple 6s which will be available in retail outlets in the United States. Samsung S6 and Note 4 have been in the world market since early this year.


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A new Starbucks location near The Greene Town Center is set to open in early May.
Construction is underway on a freestanding Starbucks located at 4488 Indian Ripple Road next to the new Flying Ace Express Car Wash, which opened in mid-January.
» DAYTON BUSINESS: 4 stores opening, 3 stores closing
Dan Eisenhauer, developer and managing partner for the Flying Ace Express Car Wash, told this newspaper the Starbucks will open in early May but an exact date has yet to be determined. The location will feature a drive-thru, an outdoor patio seating area and a fireplace inside.
» ONLINE SHOPPING MADE EASY: UPS to ship packages on Saturdays
Eisenhauer also said he expects two more locations of the Flying Ace Express Car to open in the Miami Valley during 2017. He did not specify exact locations.
FIVE FAST BUSINESS READS
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Posted on: Dec. 22, 2015, 5:13 p.m.
Westfield Corp. – the shopping center giant slated to open its long-delayed Mall at the World Trade Center early next year – just sold five shopping malls around the country for $1.1 billion. Full investment news article


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The United States has approached the World Trade Organization, alleging that India is supporting its rice and wheat farmers with payments that are far higher than the amounts allowed by WTO. The US said that when calculated according to the WTO agreement on agriculture methodology, India’s market price support for wheat and rice far exceeds permissible limits.
“India’s apparent [market price support] for wheat appears to have been over 60% of the value of production in each of the last four years for which India has notified data”, the US said, according to Reuters. “Its apparent MPS for rice appears to have been over 70%.” The limit is 10% according to WTO norms.
Market price support is the annual monetary value of gross transfers from consumers and taxpayers to farmers, due to a difference between domestic market prices and import or export prices of a commodity.
US trade representative Robert Lighthizer and Secretary of Agriculture Sonny Perdue on Wednesday announced that the US submitted a counter notification to the WTO Committee on Agriculture on Friday regarding the matter, according to a statement published by the Office of United States Trade Representative.
“The United States expects our trading partners to comply with the reporting requirements they agreed to when joining the WTO,” said Lighthizer. Perdue said for trade to be fair, all parties must abide by their World Trade Organization commitments. “India represents a massive market, and we want greater access for US products, but India must be transparent about their practices,” Perdue added.
The statement said that the US expects a discussion on how India implements its policies at the next meeting in June.


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A state-of-the-art research vessel in search of a name is getting some help from the general public and their top choice is flying in the face of British nautical convention.
Britain’s National Environmental Research Council (NERC) launched an online voting contest, asking for inspirational names of historical figures, landmarks and movements to christen the £200-million ship ($375-million CAD). The internet responded, and the current frontrunner is none-other than RRS Boaty McBoatface.
The 15,000-ton, 128-yard-long Royal Research Ship is currently under construction on the coast of Merseyside and is gearing up to be launched for a research mission to Antarctica in 2019.
The much more appropriate RRS Henry Worsley, RRS David Attenborough and RRS Pillar of Autumn are the current runners-up, though Boaty McBoatface is outpacing its closest competitor 10-1 with over 22,500 votes.
The online poll has proven to be so successful that NERC reported the high traffic caused the website to temporarily crash Sunday.
Other potential names to grace the ship’s hull are RRS Usain Boat, RRS Ice Ice Baby, RRS Boatimus Prime and RRS Big Metal Floaty Thingy-thing.


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DUP MLA William Irwin has stated processors in Northern Ireland have the capacity to offer dairy farmers more for their milk.
Mr Irwin commented that a weaker Sterling means processors are receiving higher returns for their exports and on top of this fact, in Northern Ireland, milk supplies have shown a downward spiral year on year and across mainland Britain supplies are down by as much as 10%.
Mr Irwin went on to say the current pressures on the dairy sector “demanded a favourable response from processors”.
“Farmers across most sectors have been under tremendous pressure in recent times and as I make a point of regularly speaking to farmers on the ground, I know that farmers are concerned by the general price trend and the difficulties this is presenting for running a farm and of course the major negative impact on farm incomes,” he said.
“As a dairy farmer, I am all too aware of the issues facing the dairy sector currently and many farmers involved in this sector remain concerned at the fact the market conditions show little sign of recovery in the immediate term.
“At this time of year dairy farm input costs are at their lowest with cows grazing out in the field, however with prices so suppressed this isn’t giving any relief as dairy farmers are loosing money and incomes are already at breaking point. The current EU aid package being discussed is still some way off and there are concerns over elements of the scheme including a voluntary reduction in milk supply and the potential longer term effects of this type of scheme.
“The current difficulties require a response from processors as I believe that they are able to offer producers more for their product and if processors actually stepped up to the mark on this issue, it would provide immediate assistance to the sector and at this point for many producers, any assistance at all would be warmly welcomed.
“Dairy markets remain volatile however it is vital that our banks continue to provide assistance, advice and support in order to see the sector through this uncomfortable financial predicament.”


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ith tournament poker accounting for the majority of activity in the skill gaming vertical, which provided 65% of total online gaming turnover in Italy last year, skill games turnover grew 34% year-on-year in 2010 to 3.15 billion euros, from the 2.35 billion euros recorded in 2009.
Fixed odds sports betting, which together with skill games accounted for 93% of remote gambling revenues in Italy last year, grew 11% to 1.35 billion euros, from 1.22 billion euros the previous year.
Bingo also grew strongly in 2010 from its launch as a regulated product vertical in December 2009, with revenues reaching 146.14 million euros by the end of 2010, representing 3% of turnover from the market.
In a statement AAMS said that the dominance of skill games and sports betting, combined with bingo’s strong growth over the last year, confirmed that these product verticals were “better suited to use online”. The three product verticals together amounted to more than 96% of turnover last year.
The launch of cash poker in February 2011 and casino games in June 2011 has been estimated by analysts to double turnover from the Italian market in 2012.


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Maritim Hotels is exhibiting at IMEX in Frankfurt 2019, stand F720
- Category: Maritim Hotels
- Published: Tuesday, 14 May 2019 10:15
Maritim Hotels is celebrating 50 years of delivering hospitality excellence to meeting planners and business travellers from around the world. To mark this milestone, Germany’s largest owner-managed hotel group has a range of conference packages at special discounted rates across its 34 German hotels throughout this year.


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Metropolis Labs nudges people to look beyond the obvious on Mother’s Day
This year Metropolis, India's leading chain of pathology labs and diagnostics has got into the act, with the campaign #OneThingAboutMom, devised and executed by 21n78e Creative Labs.
Every Mother's Day, social feeds are replete with brands putting out sentimental communication, humorous even and more commonly, look to woo audiences with tactical offers that would make the day special for mothers.
This year Metropolis, India's leading chain of pathology labs and diagnostics has got into the act, albeit with a twist, with the campaign #OneThingAboutMom, devised and executed by 21n78e Creative Labs.
According to Piyush Kumar, Chief Marketing Officer, Metropolis Healthcare, “Metropolis as a brand stands for inner health. We believe that every human being deserves to know truths, and our aim is to present these truths in the most human way possible. We wanted to celebrate the occasion of Mother’s Day by not being clinical, but by acknowledging their human-ness, because they are much more than mothers. And along with that give a gentle nudge to all, to be a bit more conscious about their health.”
“The all-too familiar trope of ‘Your mother has done so much, make her feel special’ is a tokenism we wanted to steer clear from”, says Navin Kansal, Chief Creative Officer, 21n78e. “With #OneThingAboutMom, we want to ignite conversations between our mothers and us in a way that is more spontaneous and get them to open up to a side of themselves that they would perhaps never have, including their health.”
Adds Sudhir Nair, Managing Director, Omnicom Media Group, “The insight for this campaign stemmed from the fact that for mothers, their health is often the last thing on their minds because they typically tend to put family before self. They endure ailments silently, and aches, niggles or any sort of discomfort – whether physically manifested or not, are perceived as natural consequence of ageing. We wanted to use this opportunity to get thinking more proactively about our mothers’ health.”
Besides the brand film, the campaign has been rolled out across social media channels, and further amplified on radio, cinema and other platforms.
Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)For more updates, be socially connected with us on
Instagram, LinkedIn, Twitter, Facebook & Youtube


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Daily Brief, Nov 5: Economic Events Outlook – New Zealand’s Labor Report in Focus
Arslan Butt • 2 min read
Good morning, traders.
On Tuesday, the US dollar traded bullish against the Japanese yen over increasing confidence that the United States and China are on the edge of reaching an initial agreement to peel back the trade war.
During the early Asian session, the Australian dollar traded steady following the Reserve Bank of Australia’s (RBA) decision to leave the monetary policy unchanged, as anticipated. One of the significant concerns of the RBA is the uncertainty regarding consumer spending.
Lately, Beijing and Washington have provided encouraging signs of improvement in trade discussions. The US government is contemplating lifting some tariffs on Chinese products, which is ultimately driving a risk-on sentiment in the market.
AUD – RBA Rate Statement
One of the significant economic releases today was the RBA rate statement and cash rate decision. The Reserve Bank of Australia (RBA) has held the official interest rate steady in November at 0.75% as clues suggest that the economy is underperforming.
Despite the sales number dispensing Australian retail spending has delayed, most economists had expected the central bank wouldn’t cut to 0.5% till February. With this, the Aussie is trading bullish against its peer currencies today.
GBP – Services PMI – 9:30 GMT
Markit is due to report Purchasing Managers’ Index of the services sector today. As we know, it’s a leading indicator of economic health. Thus the businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy.
Lately, the British Services PMI figure has been disappointing, and it has dropped below the standard threshold of 50. Even today, economists are expecting a negative PMI figure of 49.6. The Sterling is likely to feel bearish pressure until the news is released which shows lack of confidence from the British purchasing managers.
CAD – Trade Balance – 13:30 GMT
Trade Balance is a difference in value between imported and exported goods and services during the reported month. The Canadian economy is export-oriented, and contributes most to its foreign exchange earnings. Most of the income comes from the exports of crude oil, but due to an increase in the supply of oil and a drop in prices, the Canadian trade balance is likely to fall to -0.6B vs. -1.0B previously.
The Institute for Supply Management is due to release services PMI figures at 15:00 GMT with a forecast of 53.5 vs. 52.6. Newbies, it’s a survey of about 400 purchasing managers, which asks respondents to rate the relative level of business conditions, including employment, production, new orders, prices, supplier deliveries, and inventories. The negative forecast may keep the US dollar in check.
Statistics New Zealand is due to report employment change and unemployment rate data at 21:45 GMT. Typically, New Zealand’s employment figures are pretty fragile, as they show massive deviations every month.
Employment Change q/q – It’s forecast to drop from 0.8% to 0.2% this month.
Unemployment Rate – The unemployment data is also expected to rise from 3.9% to 4.1%.
Indeed, both figures are showing slacks in New Zealand’s labor market, which may force the Reserve Bank of New Zealand to keep the interest rates unchanged or dovish.
Good luck for the day and stay tuned to FX Leaders Economic Calendar for live market coverage of these economic data.


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Android Oreo's been out in the wild since August, and while we've seen a fair amount of phones updated with the new software, we've still been waiting on a public release for Android Wear. However, on December 6, Googler Hoi Lam took to Google+ to announce that Oreo for Android Wear is finally here.
Android Oreo for wearables isn't quite as drastic as the one for phones, but in any case, here's what to keep an eye out for with the new update:
- Customizable vibration patterns for notifications
- Touch lock feature for preventing touch screen inputs
- Support for seven additional countries/languages
- More notification channels
- New background limits for improved battery life
Although Oreo is now available for Android Wear, Lam notes that it's still up to manufacturers to decide when to push it out to their hardware. Android Police reports that one user has already received the update on their LG Watch Sport, but it could be a while before other watches see similar treatment.
Motorola RAZR 2 rumored to come with a bigger 6.7-inch main display
A new rumor claims the Motorola RAZR 2, which is likely to debut sometime in the third quarter of the year, will have a 6.7-inch main display and a slightly larger cover display.
Daily COVID-19 updates: CES 2021 will be an in-person event
COVID-19 has caused untold devastation around the globe, with entire industries shutting down in the wake of the virus. Here's how coronavirus is affecting the tech industry.
The OnePlus 8 and 8 Pro can now record videos in HEVC format to save space
The latest OxygenOS update for the OnePlus 8 series phones brings support for H.265 video encoding. It also comes with the May 2020 security patch and several optimizations.
The best accessories to use with Google Fit
Keeping track of your fitness isn't hard, especially with the right tools on your side. Combine that with Google Fit and you'll be a pro in no time!


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Trump will meet with Chinese vice premier on trade this week - White House
U.S. President Donald Trump on Thursday will meet Chinese Vice Premier Liu He during his visit to Washington for trade talks, the White House said on Monday.
Beijing and Washington are engaging in high-level talks this week as part of negotiations intended to walk back trade tensions between the globe`s two largest economies.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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You know that joke about calling your friend and them saying, "I'll be there in 5min." and they've not even left their house yet, let alone gotten their shoes or pants on? That's kinda what happened with Plaid Hat's shipment from China. They were told it would be there last week, but it hadn't even left port yet. As such, they've updated their release schedules accordingly.
From the update:
We were informed by our freight carrier that the shipment of games that was expected to arrive at a U.S. port this coming week has not actually left the port in China yet. Apparently a large backlog and overbooking has caused our shipment to remain at the port. Just hanging out. Not moving.
The new estimated date of departure from China is next week and all we can do is hope and cross our fingers that it actually gets placed on a ship to the States.