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Charleston, SC – Outdoor enthusiasts now have the opportunity to buy and sell new, used, vintage, and handmade outdoor gear with the launch of ReelTrail LLC, a new online marketplace with a specific niche. A vast array of equipment is already up for sale on the website, ranging from fly fishing reels to snowboards, hiking packs to kayaks, sailing equipment, and more.
ReelTrail started life as a small storefront in Charleston, South Carolina, where founders and brothers Philip and Ryan Leaphart turned their passion for the outdoors into a business selling outdoor gear through consignment. But selling through the big websites like eBay and Craigslist had their downfalls, not to mention the high, endless fees involved.
“Creating a new and simple app for our business just seemed like the perfect solution,” says Ryan. “We had to deal with the big companies for so long, and honestly, we got tired of their cumbersome user-experience, and their never-ending fees. Now we’re in a position to help others. ReelTrail is simple to use, completely transparent, and inexpensive!”
ReelTrail’s platform makes the process of selling outdoor gear fast and easy. When you look at the numbers, it’s hard not to see why they stand out from the bigger companies. eBay’s charges 10-12% for outdoor gear listings, and Amazon’s charges 15%, while ReelTrail’s maximum fee is 7.5%. Sellers can create a listing for their gear in less than a minute, print shipping labels from the app and website, and unlike the big corporations, they are only required to pay when their items sell. Users can also advertise their Adventure Trips, whether they are a fly fishing guide or a snowboard instructor, for next to nothing. ReelTrail does not charge insertion fees either.
The company prides itself on being transparent and upfront with regards to payments and fees, and the website clearly indicates how the payment system works. Sellers can choose different subscription levels and can list as many items as they wish without the fear of any hidden fees. ReelTrail also donates to different outdoor-related non-profits around the country.
As outdoor enthusiasts themselves, the Leaphart’s have experience in the outdoors, adventure traveling, and are excited to offer ReelTrail to the rest of the outdoor community.
For more information, download the ReelTrail app in the App Store and Google Play Store, or visit the website at www.reeltrail.com.
Contact name: Ryan & Philip Leaphart
Headquarters: Charleston, South Carolina, USA
Contact: [email protected]
Instagram: @reeltrail, Facebook: ReelTrail
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Sentiment towards a number of heavily traded market instruments is starting to show large one-way skews according to the ActivTrader platform Market Sentiment tool this week. The USDJPY, GER30, and Silver are all trending right now.
Sadly, traders are leaning against the prevailing trends in all three of these trading instruments right now. The ActivTrader platform Market sentiment tool is warning that ongoing trends in the USDJPY, GER30, and S&P500 could be about to accelerate.
Typically, Market sentiment readings for an instrument that have reached around 75 to 80 percent are considered to be at an extreme level, while market sentiment over 90 to 95 percent is often an indication that the trade could be peaking, and about to reverse at any time.
The USDJPY, GER30, and S&P500 are all in the danger zone right now and have sentiment skews over 80 percent in one direction. The ActivTrader platform Market Sentiment tool can be particularly useful for identifying continuations in established trends be spotting these historically high sentiment readings.
USDJPY- In Denial
According to the ActivTrader Market Sentiment tool some 81 percent of traders are currently bearish towards the USDJPY. This is interesting as the USDJPY pair have recently staged a major bullish trendline breakout and is in the midst of a powerful uptrend.
This bearish sentiment skew shows that traders are very much on the wrong side of the trend and continue to expect that the USDJPY pair will decline at any moment. It should be noted that retail traders typically have poor market timing and lean against established trends.
It is worrying that 81 percent of traders expect an imminent reversal and have been on the wrong side of this trade since the beginning. Watch out for the bullish trend to continue while sentiment remains this high.
S&P 500 – Extreme One-way Skew
The ActivTrades market sentiment tool shows that some 89 percent of traders are bearish towards the S&P 500 index right now. This is one of the largest one-way sentiment skews in the market right now and highlights that retail traders fail to believe the ongoing breakout above the 4,000 level.
It should be noted that the S&P 500 has been looking increasingly comfortable above the 4,000 level, and a number of price patterns are pointing to 4,200 and 4,500 as potential upcoming bullish targets.
The sentiment skew is starting to get extreme, which means the bullish trend in the index could speed up this week. Typically, we need to sentiment neutralize amongst the retail crowd, or reach a reading of 95 percent for the S&P 500 to reverse.
Silver – Bulls Beware
Market sentiment on the ActivTrader platform currently shows that 84 percent of traders are bullish towards silver right now, following last week’s strong technical bounce from the $23.75 support zone.
This is starting to become a large sentiment bias amongst the retail crowd, and we should be careful as the price of silver could start to falter from current levels, and reverse back towards the $23.75 level once again.
Silver traded below its 200-day moving average for the first-time since May 2020 last week. This means that traders are currently fighting against the short and medium-term trends, which are now bearish.
Watch out for more heavy losses in silver if the crowd continues to hold onto this extreme sentiment bias, and trades against the prevailing market trend.

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Street Fighter V developer Capcom has revealed that a brand-new character, Luke, will be joining the sizable DLC fighter roster for the title as its final addition. The brief video of Luke shown off indicates that he is a kickboxer with some devastating attacks, and Capcom has explicitly said that he actually has "a bright Street Fighter future ahead of him." What exactly that might mean is unclear, but given that Luke is set to release in November 2021, there is still plenty of time to learn more about him.
In addition to the reveal of Luke, Capcom also announced that the new, previously revealed DLC fighters Oro and Akira will release on August 16th. Oro previously appeared in Street Fighter III while Akira makes her Street Fighter franchise debut after first appearing in Capcom's other fighting video game franchise, Rival Schools, in 1997. Additionally, Akira will bring with her a new stage from Rival Schools called "Rival Riverside" that includes "several familiar faces."
You can check out the trailer for brand-new character Luke below:
As noted above, the new Street Fighter V DLC fighters Oro and Akira are set to release alongside Akira's new stage "Rival Riverside" on August 16th. Luke, the final DLC fighter for Street Fighter V, is tentatively set to release in November 2021. All three fighters are part of the Street Fighter V Season 5 Character Pass or Premium Pass, but they can also be purchased separately. Street Fighter V itself is currently available for the PlayStation 4 and PC with the most recent edition being titled Street Fighter V: Champion Edition. You can check out all of our previous coverage of Street Fighter V right here.
What do you think about the latest and greatest Street Fighter V DLC fighter? Are you looking forward to seeing more of Luke in the future? Let us know in the comments, or feel free to reach out and hit me up directly over on Twitter at @rollinbishop to talk about all things gaming!


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Craft Beer Brews Transformation In Small Towns
YOUNGSTOWN, Ohio — For as long as mail carriers, accountants and psychiatrists needed a place to gather for a pint, pubs and taverns have provided a haven “where everybody knows your name.”
Today that haven is often the taproom of craft breweries established by young entrepreneurs whose ingenuity and determination is bringing new vibrancy that’s transforming small towns and cities across Ohio.
It’s a transformation driven by more people choosing to eat and drink locally sourced products, wanting to know where their food comes from and supporting local agriculture, says Justin Hemminger, deputy director of the Ohio Craft Brewers Association.
“We’re seeing a statewide trend toward small towns and neighborhoods having their own unique craft breweries,” he says. “And the craft breweries are becoming hubs of those communities.”
Take, for instance, Modern Methods Brewing Co. in Warren.
In 2016, the startup plan was to mirror the success of regional breweries that distributed to various states, says owner Adam Keck.
But by the time Modern Methods opened in April 2018, “That all changed,” he says, as drinkers prefer local beers over those from out-of-state. So Keck scaled back on distribution and invested in his taproom and the community. Other craft breweries in the region are following a similar strategy.
Numbers Brewing Co. in Lisbon has become “the working- class brewery,” says Brock Beatty, who co-owns the business with Jeramy DeBord.
When Beatty isn’t working his day job as a production supervisor at a titanium mill, he usually can be found in blue jeans, work boots and a hoodie at the brewery. To maintain consistent quality, Beatty sticks with staple types of beer that include IPAs, a blond ale, porter and stout, he says.
“Lisbon is a Pabst Blue Ribbon town and we’ve been able to be very successful,” Beatty says. “Good craft breweries are a destination. Craft-beer lovers will seek out a good craft beer.”
Numbers, opened in December 2015, saw a 25% year-to-year increase in its first year. In 2018, contract brewing increased business 35% over 2017, he says.
Last year, Numbers invested some $400,000 to expand its taproom and parking lot and add a patio and kitchen. The company is also building a 60-by-40-foot addition to its brew house with a 15-barrel system that Beatty hopes to have operating by April. It will allow Numbers to double its 2018 production “pretty easily,” Beatty says.
While regular taproom customers make up most of the business, distribution to 30 regular customers has driven growth at Numbers, Beatty says. In January, it received its license to distribute in West Virginia, where demand for the beer is strong, he says.
“We’d only been there for two weeks and sold almost 11 barrels of beer,” he says. “It’s way bigger than we anticipated.”
Maintaining product consistency while accommodating expansion is a full-time job that requires at least one member of management with a “sound business mind,” or else the quality will suffer, he says.
Numbers employs nine, which allows Beatty and DeBord to focus on running the business.
“A lot of people get into brewing as a hobby and they continue to treat it as a hobby once they’re open,” he says. “You just can’t do that.”
Doing more business research and hiring a team are two things Ken Blair would have done differently. Blair, former co-owner of the Rust Belt Brewing Co., says he ended up “trying to do too much” by running the brewery while working full-time as an officer with the Youngstown Police Department.
“I just got pulled into too many directions,” Blair says. “Brewing itself takes so much of your time. But you have to get out there and push your brand. If you don’t have someone to do that, it gets into other areas and takes away from family time or the quality of brewing.”
The demands took a toll on Blair’s product quality as well as his personal and family life, he says. And while he is thinking about trying again – with a smaller business model – his focus is on his time at work and his kids.
As for the future of the local and regional craft beer industry, Blair expects it will continue to gain market share among those drinkers who prefer domestic light beers. Having a cluster of breweries concentrated in one area creates an opportunity for tourism, he adds, because visitors tour the breweries for a day or two as they do with wine trails.
“They make a weekend out of it. They go to tastings. They buy the merchandise,” he says. “All that will play into my next business model; so hopefully things progress.”
Along with buying the beer, communities invest in the industry by hosting office parties, holiday gatherings and other events at the breweries, notes the Ohio Craft Brewers Association’s Hemminger. In turn, the breweries put those dollars back into the community by contracting with local farms, building contractors and business services.
“Local breweries are still local businesses themselves,” Hemminger says. “Many of the purchasing decisions they make are locally sourced. That’s part of the extended economic impact of having a craft brewery in your town.”
Birdfish Brewing Co. in Columbiana buys some of its hops from Lamppost Farm there and Knucklehead Hop Farm in Leetonia, as well as fruit from Winkel Berry Farm in North Lima and Zaney Pearl Farm in Columbiana.
In January, Birdfish committed to buying 50,000 pounds of barley from Yarian Quality Malts to use this year, says co-owner Josh Dunn. Nine of the 12 beers on tap at Birdfish are brewed with Yarian barley.
“So 70% of the barley that we’ll use in our brewing operations in 2019 will be sourced within five miles of the brewery,” Dunn says.
In November 2015, Dunn opened Birdfish at 16 S. Main St. with his brother, Jon, their cousin, Jared Channell, and brother-in-law, Greg Snyder. Since opening the second location at 140 E. Park Ave. in December, they have seen more foot traffic from out-of-town visitors as well as residents out shopping, Jon Dunn says.
Pinball and Skee-Ball machines make the new location – called Down Low – family-friendly to accommodate the younger families as well as couples moving into the area and buying houses, Dunn says.
“Columbiana is actually a growing population,” Dunn says. “We saw that as more of an opportunity long-term.”
The $350,000 expansion includes a new seven-barrel system that, along with the original site on Main Street, will produce up to 800 barrels of beer this year, up from some 500 produced last year.
“Our steady growth has been good and we’re not trying to grow too fast, take too many risks,” Josh Dunn says. “We’re working to be part of the community and gain community support, and trying to do fundraisers to raise money for certain groups around town.”
For Keck of Modern Methods, creating a community space has led to him hosting special events, such as the Smarts Stories monthly storytelling event in collaboration with Students Motivated by the Arts of Youngstown, as well as some philanthropic efforts. For instance, a $350 donation to Earth Angel Farm will help the nonprofit Farmhouse 908 project to serve veterans suffering from PTSD and others living with disabilities. The project aligns with Keck’s mission to support community success. Such efforts pay for themselves by bringing attention and awareness to the brewery, he says.
“You can’t put a price tag on earning the trust of a nonprofit organization,” he says. “People care about that. And you get automatic credibility because there’s that connection.”
The community’s connection to the brewery can help economic development efforts in the city as well.
During the holidays, Keck spoke with people from North Carolina, New York and Seattle who were visiting relatives. They complimented the “cool, urban vibe” of Warren, which led to conversations about affordable housing, employment and entrepreneurship opportunities, he says.
“There’s a feeling from them that it wouldn’t be so bad to move closer to home and look for jobs here,” he says. “Maybe you won’t have the same job or income that you’ll have in the bigger city, but you can settle down in this area and start a business or work remotely. And there’s cool stuff for you to do.”
Copyright 2024 The Business Journal, Youngstown, Ohio.


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The sequel to Guilds of Ravnica and the 80th expansion set in Magic: The Gathering’s history is due to release on January 25, 2019. Here’s what we know about Ravnica Allegiance (RNA) so far, including any cards in the spoiler, the guilds represented, and cards to speculate on before the full spoiler is released. The Guilds […]
Ultimate Masters is still in full bounce back mode, and the last World Magic Cup has come to a finish. Plus, some sweet Ravnica Allegiance spoilers have hit the market so there’s gonna be a nice mix of things to talk about again in this piece. Owing to the spoilers, this might be a little […]
Ultimate Masters has hit the market and there’s already been a lot of movement. The prices of the reprints dropped as they usually do when a set first hits the market. But it seems like the prices have started to rebound a lot quicker this time around. There’s a slight possibility they could drop again […]
Magic Online has a problem. A card value problem. In a recent Channel Fireball article, Florian Koch showed just how much card prices have fallen over the past few years: That’s right. To own a playset of the cheapest version of every Magic card ever printed on MTGO would have cost you roughly $28,000 in […]
Hello, everyone and welcome to a new edition of the Daily Stock Watch! Pre-release weekend is near and everyone’s hyped for Assassin’s Trophy Guilds of Ravnica. The return of fair decks in Modern is coming as they say, so everyone who will be trying to take care of their prized possessions from the hottest thing […]
Mike breaks down a few of the under-the-radar decks that saw success at the Pro Tour. Don’t want to play one of the big three decks in Standard? Check this one out!
Hey there! So it’s actually been a while since we talked about Kaladesh. In fact, I haven’t really talked about the set at all since my initial spoiler article talking about the early shown commons and uncommons, and when we went over how the Expedition Effect might impact the lower-desired cards on a Battle for Zendikar scale. Since the Pro […]
RW Vehicles won the week one Open of Kaladesh Standard, and control won the Pro Tour. Aggro must adapt to survive.
It’s no secret that Smuggler’s Copter was the breakout card at SCG Indianapolis. Mike looks over decklists and starts brainstorming some possible answers.
Adam identifies that the cards that are on the move with the impending release of Kaladesh.
Mike Lanigan breaks down the entire Top 10 from Kaladesh!
What commons and uncommon should you be on the lookout for from Kaladesh? DJ has you covered!


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Alienware’s m15 R3 Gaming Laptop Dramatically Slashes Temps With This New Cooling System
Wnen we reviewed the Alienware m15 R2 last year, we noted that Dell had "not yet circumvented the laws of physics" to allow a potent gaming laptop to keep temps totally in check, with so much high-end hardware underneath the hood. Simply put, it could get hot under load. It seems Dell has tackled the challenge with aplomb, however, as this year's Alienware m15 R3 apparently runs much cooler, and does it without a major redesign to the chassis.
In our own testing of last year's model, the GeForce RTX 2070 Max-Q inside our test system did actually keep potentially toasty temps at bay, by never jumping past 75C at load. But on the CPU side, the Core i7-9750H in our test configuration got pretty hot—four of the CPU's six cores hit 100C at some point during our 90-minute stress test. Yikes!
We have not had a chance to test the R3 yet, but the folks at NotebookCheck have, and they observed an "insane" drop in temps. As in, a 25C drop at stable operation. That is pretty incredible.
Like us, they saw uncomfortably high CPU temps on the R2 last year, reaching 99C in their own testing when gaming on Turbo mode. But with the latest R3 model, which has been upgraded to an Intel Comet Lake-H platform, stable CPU temps dropped to 73C, on a Core i7-10750H chip. Likewise, the GPU (GeForce RTX 2070 mobile) temp saw a decrease as well, from 70C to 65C.
How was Dell able to bring CPU temps down by so much? Better cooling, is the answer. While the R3 is again touting an "Advanced Alienware Cryo-Tech" cooling solution, the use of vapor chamber technology inside the latest revision seems to paying big dividends.
"The new Alienware m15 is engineered with a dedicated vapor chamber in between the CPU and copper heat pipes. It's all designed to manage the thermal flow and maximize performance. These chambers utilize the phase-changing nature of liquid to transfer heat more effectively than a solid piece of metal or copper heat pipes. Vapor chambers are also more versatile than copper heat pipes in that they can be designed to be spread evenly across an entire chip that needs to be cooled," Dell explains.
In addition, Dell beefed up the dual fans with 25 percent more blades, and bolstered the copper piping, which is 39 percent heavier than last year's model. The sum of all those parts is a more capable cooling solution, with a significant reduction in CPU temps, and a modest drop in GPU temps, according to outside tests (we'll be interested to see if our own testing yields the same impressive results).
The catch is that the R3 is a little bit heavier. Whereas the R2 checked in at 4.75 pounds (2.16kg), the heaviest version of the R3 weighs 5.5 pounds (2.5kg). Fair trade off, as far as we are concerned.


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Pepper Creative Awards 2014 is inviting entries from creative agencies across South India for the annual awards. The eighth edition of the awards is jointly organised by The Advertising Club Cochin and Pepper Creative Awards Trust. The deadline for submission of entries is March 15.
The entries will be judged by a three-member judging panel comprising Prathap Suthan, managing partner and chief creative officer, Bang In The Middle; Priti Nair, director and founder, Curry-Nation; and Raj Nair, chief creative officer, BMB India. Suthan and Nair were part of the jury panel last year, too. The awards ceremony will take place at Gateway Taj, Kochi, on April 11.
Interestingly, the entries will be judged in Kochi this year, rather than Mumbai, as has been the case in the last few years.
Under the Kerala-specific category, new sub categories have been added this year. Earlier this category only had jewellery, textile and real estate sub categories.
The categories for which entries are invited include Agency of the Year Award, Advertiser of the Year, Art Director of the Year, Copywriter of the Year, Special Jury Award, Campaign of the Year, Press Campaign, TV Commercial, Corporate AV, Outdoor, Radio, Interactive - Web-based, Viral, Film craft, POP, Direct Mailer, Photography, Packaging, Logo Design, Unpublished works and PR and Promos.
P K Natesh, chairman, Pepper Awards 2014, says, "Unlike yesteryears, to get maximum participation from Kerala agencies, we have added more categories under Kerala-specific section this year like Hospitality, Ayurveda, Media, Animation, Automobile, Healthcare, Public Service, Home Appliances, Financial, Cinema and Retail (Malls and Supermarkets)."
According to Rajeev Menon, president, Advertising Club Cochin, more than 2,500 entries are expected for the competition, "which has become a stepping stone for creative fraternity from this part of the world to take part in other major peer reviewed national and international competitions". Last year, Pepper Creative Awards received more than 1,800 entries from 150 agencies.
On the jury, Oommen Kurian, chairman, Pepper Creative Awards Trust, says that the trio were chosen based on their experience in judging national and international awards such as Cannes Lions, Goafest and others.First Published : March 05, 2014


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BEAVERTON, Ore. — A Food and Drug Administration spokeswoman says a recall of packaged salads, produced at its plant in Kansas, was prompted by a routine check of products sold in Canada.
FDA spokeswoman Juli Ann Putnam said Tuesday that the Canadian Food Inspection Agency found Listeria monocytogenes in some ready-to-eat macaroni and cheese and Reser’s did a voluntary recall.
Putnam says a follow-up inspection of the plant by the Food and Drug Administration and the state of Kansas determined there was a potential for cross-contamination with other products, so the recall was expanded.
In all, some 450 products
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IN THIS SECTION:
Doha Round in Crisis
3 July 2006
National Farmers’ Federation (NFF) President David Crombie has wrapped up talks in Geneva during a crucial meeting of trade ministers, leading a delegation of Australian agricultural representatives aimed at setting up the Doha Round of World Trade Organisation negotiations for conclusion this year. However, ministers failed to make the necessary progress.
Despite Australian Trade Minister Mark Vaile’s best efforts and leadership in trying to focus ministers and negotiators on the core issues of formula tariff cuts, sensitive products, special products and agricultural domestic support cuts, it is clear no narrowing of the differences has occurred.
“Because of the lack of movement from the European Union on agricultural market access and, as a result, no further movement from the United States on agricultural domestic support, precious little has been achieved this week,” Mr Crombie said.
“It now looks most unlikely that agreement on a final Doha deal will be reached any time soon – this will be a severe blow to Australian farmers.
“Agricultural market access is Australia’s key priority because it is the single issue that will give our farmers the opportunity to grow their farm businesses with confidence into the future.
“In recent years the NFF has been active in building a strong coalition of farm leaders from the United States, Canada and New Zealand who are committed to agricultural trade liberalisation.
“The Australian agricultural delegation has used this week to further strengthen ties with our international colleagues and work collectively to promote the importance of this Round.
“The WTO negotiations are Australian farmers’ number one trade policy priority and it is vital that ministers and negotiators maintain efforts to reach an ambitious agreement in the time remaining before the expiry of US Trade Promotion Authority.
“The NFF will continue to work over the coming weeks with Minister Vaile, his negotiators and international farm leaders to achieve a high-quality outcome which will set the global trading rules for at least the next decade.
“To have any chance of success in the next few weeks it is essential that we get more clarity around issues like the treatment of sensitive and special products so that we can get a sense of what the final package will deliver.
“If the international community does not act now, all opportunities for trade liberalisation could be lost.”
Media Enquiries: Brett Heffernan, NFF Public Affairs, (02) 6273 3855 or 0408 448 250 email:
NFF NATIONAL CONGRESS
Talking 2030 Roundtables


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Health Minister to open First BevME Congress in Dubai
The UAE Health Minister, His Excellency Humaid Al Qutami, will open the first BevME (BeveragesMiddleEast) Congress, to be held from 22 to 24 January 2008 at the Madinat Jumeirah resort in Dubai. In addition to two days of conference sessions, the new event will include plant tours, market briefings and a gala industry dinner.
Under the theme â€˜World Class Potentialâ€™, the conference will bring together speakers from leading regional beverage producers including Masafi, Lacnor, Dubai Refreshment Company, Aujan Industries, NestlÃ© Waters, Power Horse and Mecca Cola. GÃ©ant Hypermarket will provide a retailer view of the market, with other consumer and marketing specialists such as Saatchi and Saatchi and BPG also contributing.
Sessions on market trends, leadership, innovation, consumers, functionality, health, sustainability and ethics will provide a comprehensive overview of the regional beverage sector in the context of global trends and developments. Briefings on the global and regional market for functional soft drinks and energy and sports drinks will deliver more in depth market knowledge and analysis.
Other programme highlights include plant tours to Masafi, Lacnor and Wild Flavors.
Chairman of event organiser Zenith International Richard Hall commented: â€œBevME is the first forum for soft drinks, juice, water and dairy industry leaders to address issues particular to the Middle East, while providing an international perspective on innovation and future growth opportunities. With so much growth in the regional market and in emerging product categories, the Congress promises to deliver a wide range of new insights and networking opportunities.â€
The event is being organised in association with beverage innovation magazine and is sponsored by NSF, world leader in standards development and product certification for the beverages industry, as well as global ingredients and flavours company Wild. Zenith International recently opened a regional office in Dubai and already has a team of five full time consultants and analysts.
For full programme details and to book online, please visit www.zenithinternational.com/events
For further information, please contact:
Isabel Lightfoot, Events Director, Zenith International Ltd
7 Kingsmead Square, Bath BA1 2AB, United Kingdom
t +44 (0)1225 327900, f +44 (0)1225 327901


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Analysts at Canaccord Genuity raised their target price on building supplies retailer Howden Joinery from 710.0p to 735.0p on Friday, stating the strength of the group’s business model evident in its performance.
Canaccord said Howden had finished 2020 in “a strong position” and “much better than many had feared back in March”, with the company benefitting from a strong repair, maintenance and improvement recovery in the second half.
However, Canaccord highlighted that it was “important to recognise” that the strength of the group’s business model was what allowed it to take advantage of the bounce back in demand, with its in-stock model and good supply chain proving to be “very valuable” when demand came back strongly after the UK’s first lockdown.
The Canadian bank, which reiterated its ‘hold’ rating on the stock, also noted that the current trading year had seen “a solid start”, with the analysts suspecting Howden will enjoy a good first half, and added that assuming trading holds up at normal levels in the second half, it sees upside risk to its forecasts.
JPMorgan Cazenove downgraded Ladbrokes owner Entain on Friday to ‘neutral’ from ‘overweight’ following a strong share price performance, as it took a look at the online gaming sector.
The bank said online gaming benefitted from pandemic tailwinds in 2020 that will continue into the early part of this year.
“Growth will be harder to come by across the rest of 2021 given tough comps, US investment will continue to constrain profitability, while there is a regulatory headwind in Germany and regulatory uncertainty in the UK.
“Against this background and given substantial outperformance, we downgrade Entain to neutral,” said JPM, which also lifted its price target on Entain to 1,607.0p from 1,220.0p.
Analysts at Berenberg initiated coverage on workwear supplier Johnson Service Group at ‘buy’ on Friday, stating it was a “quality business” with a “clean investment case”.
Berenberg called Johnson Service Group one of the highest quality support services companies in the UK, providing a relatively commoditised product and service and consistently delivering organic growth ahead of both its market and its largest peers.
Although the German bank said current trading was “unsurprisingly affected” by the Covid-19 pandemic, it expects to see a full recovery in 2022.
Berenberg anticipates JSG then returning to its prior strategy of consolidating the wider UK textile rental market and in light of this, believes that shares, trading on 16.7
Its 2022 price-to-earnings ratio, were “mispriced” and expects them to “comfortably outperform” over the next 12 months as the UK economy reopens.
“We are significantly more bullish about JSG’s 2022 recovery potential than consensus and believe the business can grow earnings from 2019 to 2022,” said Berenberg, which issued the stock with a 190.0p target price.


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- Robyn Turk |
Most annual cultural events have been postponed or cancelled this year as a result of the ongoing pandemic, yet Macy's has announced that its beloved Thanksgiving Day Parade will continue for its 94th year.
The retailer has confirmed that the event will take on a modified format to ensure health and safety.
"Following our successful, safe and innovative production of Macy’s 4th of July Fireworks, it is our intention to similarly reimagine Macy’s Thanksgiving Day Parade this November. Stay tuned for more details later this fall," states Macy's website.
It is expected that Macy's Thanksgiving Day Parade will be conducted via a hybrid format with small performances held live in New York City and others broadcasted only virtually.
The Thanksgiving Day Parade has become a tradition followed by most American families since Macy's hosted the first event in 1924. The parade has marched almost every year since, though it was suspended from 1942 to 1944 as a result of WWII.
Photo: Macy's newsroom


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Although home to a poultry industry for a half-century, the rise of Brazilian poultry meat production has been most dramatic over the past 12 years. Fifty-two percent of the world's poultry production is accounted for by just three countries -- the U.S., China and Brazil, with the latter now accounting for 15 percent of the total.
In 2000, Brazil produced just 6 million tons of poultry meat, but by last year this figure had more than doubled to 12.6 million tons. But this has not been growth at any cost and, according to the executive president of the Brazilian Poultry Association (Ubabef), Francisco Turra, it has been achieved "respecting the values that represent us: quality, health and sustainability."
Brazilian poultry meat, egg consumption
Today, the average Brazilian consumes 45 kg of poultry meat each year and 162 eggs. Just as there has been a dramatic increase in poultry production, so there has been in consumption, and at the start of the century, per capita annual consumption stood at only 30 kg for poultry meat and 130 units for eggs.
So why are Brazilians consuming more poultry meat now than they were a little over a decade ago?
According to Ubabef's Adriano Zerbini: "We are more competitive than the average (meat) producer, and chicken is easily affordable. Forty-five kg of poultry meat is consumed annually not necessarily because it is the meat of choice, but because it is so easily accessible, as well as being of high quality."
As far as eggs are concerned, significant growth in the sector took place some time ago. However, this century has seen total egg production increase from 1.2 million to 1.9 million tons. Yet increasing consumption further still requires some work. For example, there is no strong tradition in Brazil of eating eggs for breakfast, as is the case in some North American and European countries. However, as incomes rise, eggs and egg product consumption is expected to rise accordingly, and the Brazilian Egg Institute is working to increase public awareness of the benefits of the product.
Integrated approach to poultry farming
Brazil's broiler production is completely integrated and, unlike some countries, there are no live markets. Integration is seen as the "spinal column" of the industry: the partnering of the industry - which supplies day-old chicks, compound feed, vaccines, veterinary support, and owns the processing plants - with the small integrated producers, who are responsible for the housing and growing the birds.
According to Ubabef, the smallest poultry houses in Brazil have the capacity to hold 10,000-15,000 birds, while the biggest can hold 25,000-30,000 birds, but there are some producers who operate a variety of house sizes. In Brazil, a producer with only 10 houses in total would be considered small.
This integrated approach allows the industry to better control quality and risk. Detailed standards for poultry houses have been laid down by the Ministry of Agriculture, and lines of credit are offered for their construction. Additionally, the approach has created thousands of jobs in rural areas.
According to Zerbini, this approach ties small farmers into the global market. "These small producers know, and they are proud of the fact, that their chickens are consumed at the dining table of Japan and the Middle East," he says.
Brazilian poultry exports
Together, Brazil and the U.S. account for 69 percent of the world's poultry meat exports, the former having captured a 38 percent market share and the latter 31 percent.
Twenty-eight Brazilian companies export poultry meat to more than 150 countries, while four companies export eggs.
In 2000, the country's participation in the international market stood at 916,000 tons of chicken meat. By 2012, however, this had grown to close to 4 million tons of chicken meat, 180,000 tons of turkey meat, and 27,000 tons of eggs, as well as fertile eggs and genetic material. By volume, exports have grown on average by 15 percent each year, while by value the annual increase has been 25 percent.
As far as chicken is concerned, 55 percent is exported as pieces and cuts, 36 percent leaves the country as whole birds, 5 percent is sold as processed products, while 4 percent is exported in salted form.
"Exports have played a highly important role in Brazilian poultry production, but the national market is still the most important for us," said Zerbini, and Ubabef estimates that 89 percent of the chicken that is consumed globally is produced locally, with only 11 percent coming from imports.
For Brazil, the main export destination is Saudi Arabia, accounting for 16 percent of the total, and worth US$1.2 billion in 2012. Brazil is the biggest producer and exporter of halal poultry meat in the world, due in part to a long association with Muslim countries stretching back some 40 years.
Safety, health and sustainability
Despite the home market remaining the most important, the poultry industry has been developed to also be as attractive as possible to overseas customers. For example, it is governed by strict rules covering quality, safety, health and welfare, and operates a labeling system allowing complete traceability.
"Our health authorities have also learned through contact with their counterparts," Zerbini said. "Because of this, our health system is strong -- we are open to innovations."
Within the national market, there are various government/industry control programs including for animal health (PNSA), residue and contaminants control (PNCRC), pathogen reduction (PRP), and the prevention and control of added water (PPCAAP).
The sector is quick to emphasize that it operates in the south and southeast of the country -- far from the Amazon. And being a tropical country, local poultry production requires less electricity than may be the case in other countries as there is no need to heat poultry houses. Additionally, water is abundant.
According to Wesley Batista, CEO of JBS: "Brazil has a natural competitiveness, as it has land, water, a good climate and people who will work." Additionally, it has a plentiful supply of grains, is integrated, has a high health status, and benefits from continual investment. Together, these various factors make it well placed to respond to the increased demand expected for chicken meat over the next decade.
Challenges to overcome
Not everything in Brazil is ideal for poultry production, however, and the country needs to resolve serious logistical problems.
"Our sector is well aware of the serious logistical problems; however, we are convinced that these issues will be resolved," Turra said. "The federal government is conscious that it cannot solve these problems alone, and has realized that it needs to partner with the private sector to overcome them."
Yet this is not the only concern facing the poultry industry. The country is gradually losing its competitive advantage and its labor costs are increasing. Fifteen years ago, Brazilian production costs were only 60 percent of those of the USA, but this is no longer the case. Additionally, the country has lagged behind in entering trade blocs, and this may have reduced its access to some markets.


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On July 17th 1975, astronaut Lieutenant General Thomas P. Stafford (USA) and cosmonaut Lieutenant General Alexei A. Leonov (USSR) shook hands in the docking hatch that linked their respective spacecraft, having marked the beginning of an era of cooperation in space. Both Stafford and Leonov were wearing Omega Speedmaster watches. Omega fans are aware that Speedmaster watches still represent standard equipment for the astronauts on the International Space Station.
The mission is also remembered as it marked the last launch of an Apollo spacecraft.
Omega decided to commemorate the anniversary of the historic handshake by the creation of the Omega Speedmaster Professional Apollo-Soyuz “35th Anniversary” chronograph watch. The timepiece is released in a limited series of 1975 pieces.
The new Omega watch stands out from the crowd due to is dial that has been crafted from a meteorite that entered the Earth’s atmosphere and survived, having successfully reached the terrestrial surface.
The meteorite boasts unusual structure formed under extremely high temperature when it entered the Earth’s atmosphere, and then, came through a period of cooling.
Considering that you will find no two pieces of the meteorite that are exactly alike, it is thrilling that each piece in the limited edition of the Omega Speedmaster Professional Apollo-Soyuz “35th Anniversary” chronograph watches is absolutely unique.
Look through a fine selection of Omega Speedmaster watches:


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Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.
NEW YORK ( TheStreet) -- The reshuffling of the Dow Jones Industrial Average makes a big statement about our nation, Jim Cramer said on "Mad Money" Tuesday. Cramer said that while the S&P 500 still remains the benchmark to beat on Wall Street, today's changes in the Dow reflect our changing economy and priorities. So exactly what changed? Alcoa ( AA), Hewlett-Packard ( HPQ) and Bank of America ( BAC) were all dropped from the index, replaced by Goldman Sachs ( GS), Nike ( NKE) and Visa ( V). Cramer said Alcoa remains a great company in a bad industry. Aluminum remains an important metal for everything from autos and aerospace to iPads, he noted. However, in the eyes of the Dow Jones industrials, it's the international influence of Nike's footwear that investors should be watching. As for HP, our nation and the world don't seem to care much about PCs anymore, so it's out with the old, said Cramer. Likewise with Bank of America, a symbol of financial engineering and the mortgages that almost toppled our nation's financial system. Goldman Sachs, on the other hand, doesn't have any mortgages, and Visa is more of a technology company than a financial, helping to bring the world into the digital age and away from paper money in favor of the all-mighty debit card. Cramer said he doesn't expect any of these new Dow additions to see much of a bump for their new anointed status. He said the markets continue to move on international issues, as they did again today with more positive news on the Chinese recovery.
Off the ChartsIn the "Off The Charts" segment, Cramer went head to head with colleague Ed Ponsi over the direction of the emerging markets, mainly India, as seen through the WisdomTree India Earnings ETF ( EPI), which is currently down over 19% for the year thanks to rising interest rates here at home stifling growth around the globe. According to Ponsi, however, that trend may be about to change. Looking at a daily chart of the ETF, Ponsi noted that after bottoming on Sept. 4, the fund has since shot up over $2. That's impressive for a $13 stock. He also noted the MACD momentum indicator is signaling a bullish crossover, at the same time the fund broke through its long-term trend line and, just today, through its 50-day moving average. All those points add up to a big deal for technicians, Ponsi concluded.
Cramer noted that the turn in India also coincides with a stabilizing of the nation's currency, the rupee. As confidence has been restored in the rupee -- so, too, has confidence in stocks tied to that currency. Cramer said he likes nation focused ETFs like this one and invests in both the Vanguard FTSE Europe ETF ( VGK) and the WisdomTree Japan Hedged Equity ETF ( DXJ) for his charitable trust,
Action Alerts PLUS . Every portfolio needs international exposure, Cramer concluded, and these ETFs are an easy, and profitable, way to invest overseas.
Executive Decision: Kevin PlankIn the "Executive Decision" segment, Cramer spoke with Kevin Plank, founder, chairman and CEO of Under Armour ( UA), a stock that's up 65% for the year but also one that now trades at 43 times earnings with a 20.5% growth rate. Under Armour has always been about authenticity. "You can't pay for promotion," Plank said. The athletes who represent and endorse Under Armour are also believers in the products. That helps make the company one consumers can trust. Cramer made the analogy that Under Armour is more akin to a technology and a biotech company than it is to an apparel company, and Plank agreed. He said his company has a deep pipeline of new products in development and is always looking to partner with and cultivate the best ideas. Under Armour has always been about making the best products, he continued. When asked about international growth, Plank said that with only 6% of sales stemming from overseas, there's a huge runway ahead. It takes time to build an international brand, however, he noted. In Japan, for example, Under Armour spent eight years building a $200 million brand that's now growing at 30% a year. Turning to Under Armour's most notable competitor, Nike, Plank said he's always focused on his company and not the competition. Under Armour sets the pace and direction and it doesn't take its cues from others, he explained. "Under Armour is a $10 billion company that's doing $2 billion in sales today," Plank concluded.
Cramer said he remains a strong believer in this apparel, footwear and accessory innovator.


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To say that relations between McDonald's and the Service Employees International Union (SEIU) have been strained is like saying Democrats and Republicans in Congress have a few challenges in working together. The union has been pushing a highly public campaign to force higher wages at the fast food chain in the U.S. and has supplemented protests with legal actions.
In this case, SEIU doesn't seem to be directly involved, but, along with some European unions, is supporting a coalition of Italian consumer organizations that filed a formal antitrust complaint with the European Commission. Among the allegations, according to a copy of the complaint I've seen:
- McDonald's forces franchisees to lease locations from the company at rates running between 6 percent and 21 percent of sales in addition to a fixed monthly rate based on development costs. The complaint claims that the combination is well over market rates. Typical rents supposedly run in the 13 percent to 15 percent range.
- Those rates are in addition to 5 percent of sales paid as royalties and between 4 percent and 4.5 percent for advertising.
- Franchisees may have to spend money on equipment and renovations that they cannot remove if they ever stop running that location.
- Broad termination clauses mean that the franchisee can easily be forced to sell the franchise back to McDonald's, losing the "bulk of the value of their investment."
- The European branch of the company has no restriction in opening locations that compete with those of a franchisee.
- All food, supplies, and equipment must be purchased from McDonald's and different franchisees cannot combine orders to gain some volume advantage.
- At least in Italy the complaint says that McDonald's centrally sets prices for all franchisees.
- Franchise agreements have unusually long durations and effectively prevent franchisees the ability to switch to another franchise system with broad non-competes that last a year or two. Franchisees are "prohibited from being involved in other businesses over the duration of the franchise."
The ultimate results, the complaint alleges, is that both the franchisees and consumers are hurt. McDonald's, it says, effectively runs a real estate business with a dominant position in the fast food industry that, with the control over franchisees, is effectively a monopoly. According to SEIU, if the European Commission finds in favor of the plaintiffs, penalties could run as high as 10 percent of global revenue, or $9 billion, based on 2014 financial results, plus anything else regulators decide to add on to ensure a more competitive atmosphere.
All that is in Europe -- atop an EU investigation into how the company handles its taxes in the region. So how is there a potential impact on US franchisees? Because McDonald's is dependent on real estate -- owning it, controlling it, and charging for it. If that business model is hampered in Europe, it means the company will have to look to other areas to make up the difference if shareholders are to remain happy.
And while a string of poor performance in the U.S. seems to have finally ended, 2015 still saw the first year of net store closings in the U.S. for the chain since 1970, so the deficit would need to be handled one way or another. That would likely mean more money from franchisees, which would mean lower profits and less to pay workers.


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Atal Pension Yojana at Payment Banks like Paytm
In a latest announcement, the central government has given all the rights to the payment banks to sell APY or Atal Pension Yojana. According to the officials, taking such decision will expand the premise of subscribers under the scheme.
On Friday, 26th January 2018, on the occasion of Republic Day, the Central Finance Ministry has made this announcement. According to the authority, these payment banks along with the small financial companies will generate more assets through the APY subscriptions.
- Objective of the Scheme: Atal Pension Yojana is a scheme for the people aged 18 years to 40 years. Under this scheme people will get pension after their retirement. It is an investment plan that will help people to earn money after their retirement from work.
- Channel: All the nationalised banks were allowed to sell APY. No other banks or any private financial organisations had right to sell the scheme to their customers. From now onwards other banks are allowed to sell this scheme as well.
- Number of banks: Currently in India, there are 10 small finance banks and 11 payment banks exist. All of them are notified to sell the scheme to their customers. This will lead to more subscribers. Currently, apart from these new aged banks, there are more than 230 banks that are responsible for implementation of the scheme in India.
- Benefits: Under the scheme, depending on the contribution of the subscribers, each one will receive up to Rs. 5000/- per month after 60 years of age that is after retirement. Minimum pension amount each subscriber will receive is Rs. 1000/- under this scheme.
Atal Pension Yojana is one of the leading asset generation investment plans in India today. Started in the year 2015, June, now more than 84 Lac subscribers are contributing under this scheme. Nearly Rs. 3194 Cr has been contributed by the subscribers till date.


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S.B. 82 Passes Senate; Legislation Moves to House for Consideration
DENVER, CO – Colorado is one step closer to becoming the 35th state in the nation to allow Sunday liquor sales, according to the Distilled Spirits Council (DISCUS), which today praised the Senate passage of S.B. 82 which would repeal the state’s outdated Blue Law. The bill, sponsored by Sen. Jennifer Veiga, passed the Senate by a vote of 23 to 8 and now moves to the House for consideration.
“It’s outrageous that a 1930s-era law has kept me from opening my doors on Sundays,” said Jeanne McEvoy, owner of Aspen Leaf Liquor, a retail store in Loveland, Colorado near Rocky Mountain National Park. “Being so close to the mountains, our store is frequented by many tourists who are baffled by this ridiculous law. It’s a major imposition for them and a huge money-loser for me.”
Thirty-four states across the country allow Sunday sales of distilled spirits. Colorado would join neighboring states, Arizona, Kansas, Nebraska, New Mexico and Wyoming in allowing Sunday spirits sales.
“With the 75th anniversary of Prohibition Repeal upon us, it’s time for Colorado to bring its alcohol laws into the 21st Century,” said DISCUS Vice President Dale Szyndrowski, noting that twelve states have passed legislation repealing Sunday alcohol bans since 2002. “Sunday sales bans do a disservice to consumers and deprive states of much-needed retail sales and tax revenue.”
Szyndrowski pointed out that year-round Sunday Sales of distilled spirits in Colorado would lead to an estimated retailer revenue impact range of $23 to $32 million and between $1.8 and $2.6 million for the state in additional sales tax revenue.
Szyndrowski added that Colorado would be well-served to enact Sunday sales in time for Denver to host the Democratic National Convention, when thousands of people from all over the country will be visiting the state.


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Hot on the heels of a very successful British Science Week at Adastral Park, BT has announced it will be joining the Suffolk Show (29 – 30 May 2019) for a second year with its innovative BT sponsored Marquee.
The popular exhibit is free to enter for anyone attending the Suffolk Show and will offer visitors a chance to explore cutting-edge technology and have a go at interactive activities and games that all ages will enjoy.
Inside the BT Marquee, visitors will be given an insight into the ground-breaking research that's underway at Adastral Park. Experts from BT and Innovation Martlesham
will showcase 5G mobile and its benefits, the future of TV, and the "internet of things". There will also be the popular Beebot activities in the BT classroom, as well as new tech challenges such as designing an App interface and a family friendly video game "Lost Words: Beyond the Page".
The exhibit aims to inspire young Suffolk Show visitors with technology and innovation and to encourage the next generation into STEM careers (science, technology, engineering and mathematics).
Bee Kemball, Suffolk Show director, said: "The BT Marquee was a popular addition to the Suffolk Show last year so we're pleased to welcome them back again with even more activities and amazing tech. BT has a fantastic facility here in Suffolk so it will be great for Show visitors to learn more about some of the state-of-the-art, pioneering work that's going on there and to feel inspired by the world of STEM."
Adastral Park's Lisa Perkins said: "It was a delight to be at the Suffolk Show last year, and we were buoyed by the positive response. We are very much looking forward to exhibiting again this year and we aim to delight the public with a different selection of technology, all handpicked from the cutting-edge research that we do at Suffolk's Adastral Park".
You will be able to find the BT Adastral Park marquee at "Yellow 52" – opposite the Armed Forces and Suffolk Skills marquees.
Tickets can be purchased online or on Show days. Those based at Adastral Park can purchase tickets at lunchtime on 15 – 16 May 2019 in the HUB.
The Suffolk Show App will also be available to download again this year with a fully interactive map, ring timetables, public transport timetables and trade stand information to help visitors plan their day out. The App will feature a fun Treasure Trail, with prizes to be won, which will give visitors a greater insight behind some of the Show's attractions. The 2019 App will be available to download from the Apple App Store and Google Play from Monday, 13 May and visitors are encouraged to download before travelling to the Show.
Along with BT, Innovation Martlesham cluster members in the marquee are: Chronicle Digital Storytelling
| Game Anglia
| Sketchbook Games
| Stratis Security
| | Tethered Drone Systems
More information about the show can be found on the Suffolk Show website.


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The quest for health boosts Europe's functional foods market to £2bn
A new report reveals that UK consumers are among the biggest spenders on functional foods and drinks in Europe, spending on average £110 (US$190) a year each. Over the past five years, the number of functional food and drinks consumers in the UK has more than doubled and is set to exceed five million by 2007.
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Bitcoin recovers by 14% from June 18 lows
Bitcoin has seen a recovery over the last four days when it touched lows of $17, 631 levels-lowest level seen in over 2 years. The recovery has been there due to higher buying from retail investors seen in the extended weekend holiday in USA, and a technical rebound as experts suggest. Apart from this coin exchanges like Binance have been buying bitcoins worth $2 biliion to reduce the volatility in the markets.
Cryptocurrency market has seen some of its worst days recently.
Photo : iStock
New Delhi: Bitcoin has seen a recovery over the last four days when it touched lows of $17, 631 levels-lowest level seen in over 2 years. The recovery has been there due to higher buying from retail investors seen during the extended weekend holiday in the USA , and a technical rebound as experts suggest.
Apart from this, coin exchanges like Binance have been buying bitcoins worth $2 billion to reduce the volatility in the markets.
Global markets have also shown positive corrections as much of the news of inflation and the Fed raising rates in the September meet has been factored in. Bitcoin holds almost 44% of the total cryptocurrency assets. Ethereum, Binance, Cardano and even some altcoins recovered between 10-20% from their recent lows.
In recent days cryptocurrencies have gained due to higher risk appetite amid optimism that the US economy is unlikely to flip into recession any time soon, as stated in a note by Crypto Wire . Even US Stock futures climbed, offering a respite from the fall in stock prices in recent weeks.
US President Biden on Monday said he spoke with Lawrence Summer , a former Treasury Secretary, and reiterated that he doesn’t see recession as inevitable. Federal Reserve Bank of St.Louis President James Bullard also said that the economy appears on track for more expansion this year.
Crypto exchange Vauld lays off 30% of its workforce and takes other measures to cut costs, as media reports suggest. Indian investors have also been buying the dip as clarity of taxation from digital assets remains a question mark. However, the trading volumes have dipped in the Indian crypto exchanges by 70-80% from the bitcoin's high levels of $69,000 levels seen in November last year.
However, in the last 24 hours prices of Bitcoin by almost 5%, but the levels have not breached the $20,000 mark. The global crypto market has fallen by 4% to an $887bn market capitalization as per data by Coin Market Cap . This indicates a risk-off sentiment has come back in the markets after a short technical recovery.


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OPPO is not the only one that has a retractable camera concept: TECNO announced that they are working on a similar concept with their Telescopic Macro lens for phones. Initially revealed as one of its upcoming camera tech for 2022, the Telescopic Macro Lens TECNO is working on is similar to OPPO’s approach where you have a retractable mechanism that extends only when the camera is in use.
Based on the teaser video, the said module will offer up to 5x zoom that we presume is an optical variety. While the module is not like OPPO’s approach that is meant to improve portrait shots, TECNO’s approach is more on delivering quality close-up shots without needing to get too close to the subject.
TECNO claims that the 5x zoom capability of its telescopic macro lens can deliver images with roughly the same quality as the main camera, along with better light-gathering capabilities with its brighter aperture. While it did not provide any specifics, the retractable design of the telescopic macro lens does help in incorporating such camera tech into a phone without needing a thick housing for it.
The brand has yet to reveal when they will be using this tech, but we expect one of TECNO’s mid-range smartphones to debut the new camera tech this year.


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Posts Tagged: money laundering
Artichoke Joe's Casino in San Bruno, south of San Francisco. (Photo: Wikipedia)
State law enforcement authorities say a settlement has been reached with Artichoke Joe’s Casino, a major California card club, for violation of money laundering laws and for misleading investigators. The casino agreed to pay a $5.3 million penalty.
Counting the cash. (Photo: NATNN, via Shutterstock)
When Steve Swanson decided to stop accepting cash at his longtime chain of Sacramento area dry cleaning stores, it seemed to make all the sense in the world. “Cash was such a small portion of our operation,” he says. “Some days we might have only a few dollars for a whole day.” But soon he might not have a choice.


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On the same day that McLaren Automotive is celebrating the first anniversary of the opening of its first dealership to retail the MP4-12C, the British supercar maker is also marking the 1,000th unit delivered around the world. McLaren has plenty of reasons to celebrate its inaugural year of commercial operation. McLaren Sales and Marketing Director Greg Levine said that the year has been filled with “great successes and great challenges.”
However, he said that resolving those obstacles have been extremely rewarding. Levine didn’t say what its sales target was due to the economic instability that affected Europe and other regions too.
He said that as the market is highly volatile, it’s unsure what the 2013 will offer. But Levine thinks that McLaren will continue to grow as it adds dealers and models.
Greg Levine added that the goal is to expand the retail network of McLaren to 70 stores by the middle of the decade from just 35 currently. These stores will have to cope with increasing the number of products to 13 models and variants in the succeeding years.
Levine also denied that any of these models is an SUV, which is what British brand Bentley did. He said that McLaren’s concentration is on making carbon-fiber sports cars that will trigger a significant shift in the minds of next-generation customers. Levine said that the chances that the brand will achieve its target will be much higher, considering that the brand has had an impressive start.
Instead of just watching its McLarenMP4-12C achieve success in the global auto market, McLaren Automotive moved to further improve the high performance sports car to make it more dynamic to drive and easier to use.
To make the 12C more dynamic to drive, McLaren worked to increase the max power output of its mid mounted, twin turbocharged V8 engine from 600 PS to 625 PS (616 hp), representing a power surge of 25 PS (25 hp). Not only that, the British carmaker also tweaked the V8 engine and the SSG transmission, thereby increasing their responsiveness to the smallest input by the driver.
Moreover, the new 12C is easier to use – an attribute that isn’t usually associated with high performance sports car. This was achieved by implementing an array of detail changes. Moreover, McLaren is now allowing customers to further personalize their 12C according to their taste and preferences by making available a wider selection of colors, leather and wheels.
In addition, McLaren has made the 12C's Intake Sound Generator (ISG) system – a feature that manages the amount of engine intake sound seeping into the cabin -- programmable in three levels in all three Powertrain modes.
The only visual tweak that the carmaker implemented on the latest 12C is a minor revision to McLaren Speed Marque badge, which means that customers will still enjoy the purposeful styling of this high performance sports car.
Interested customers could now place orders for the latest iteration of the McLaren MP4-12C. For those who have already received their 12Cs (the previous iteration) but wanted to make it as powerful and as purposeful as the new one, McLaren is offering them a package of upgrades at no extra charge. These upgrades include the 25-PS (25 hp), which means older customers could still enjoy the 625-PS McLaren MP4-12C.


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PepsiCo’s CEO speaks English, Spanish, French, German, Greek, and Catalan, but it’s his brand’s familiarity with Gen Z colloquialisms that may leave the competition ghosted.
At a time when soda consumption is declining — down 12% in the last decade — PepsiCo’s latest lemon-lime soda release promises to “hit different.”
Fifth time’s the charm?
Following in the footsteps of Sierra Mist, Slice, Teem, and others, Starry is PepsiCo’s latest in a long line of lemon-lime liquids (say that 10x, fast).
PepsiCo’s goal here? To evaporate some of Sprite’s 73% market share, by entering the market with a pop — Starry is already the official soft drink of the NBA and WNBA.
PepsiCo has a long way to go — yesterday, Coca-Cola reported global sales rose 5% in Q1 to $11B, beating expectations.
On PepsiCo’s snack front…
… It’s more of a “if it ain’t broke, don’t fix it” kind of situation. The owner of Cheetos, Doritos, Lay’s, Tostitos, and more, PepsiCo sees humanity eating potato chips so long as the sun rises.
To keep up with health trends, though, it’s now focused on making its unhealthy options a little less bad — by paying a team of highly trained operatives $20/hr to help taste test less salty and sugary snacks and drinks, per The Wall Street Journal.
Testers are reportedly not supposed to say “mmm” or “ugh,” but rather judge foods on flavor notes like “earthy,” “cardboardy,” and, um… “painty.”
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In this blog, we curate relevant and remarkable content related to blockchain, cryptocurrency and the digital economy. This fascinating news by Ian Allison published on coindesk provides some details on PayPal’s investment in a blockchain technology start up. Read on.
“Online payments giant PayPal has made its first-ever investment in a blockchain technology company.
Announced today, PayPal has joined the extension of a Series A funding round in Cambridge Blockchain, a startup that helps financial institutions and other companies manage sensitive data using shared ledgers.
Neither PayPal nor Cambridge Blockchain disclosed the investment amount, but recent filings with the SEC indicate that Cambridge Blockchain has raised a total of $3.5 million in new equity from several investors over the past nine months. That follows the $7 million close of its Series A in May of 2018, and brings the total capital raised to $10.5 million.”


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SEOUL, Oct. 13 (Korea Bizwire) — South Korean battery makers such as No. 1 player LG Chem Ltd. are likely to deliver weaker-than-expected earnings for the third quarter due to weak performance in their chemicals and battery business sectors, industry sources said Sunday.
LG Chem, the country’s top chemical firm, is expected to have logged an operating income of 351 billion won (US$296 million) during the July-September period, 42 percent down from a year earlier.
LG Chem’s weaker-than-expected performance is due to an ongoing energy storage system (ESS) debacle. LG Chem’s ESS products have caught fire and sales have been suspended for months.
“LG Chem’s ESS-related costs and compensation is estimated at over 300 billion won,” said Lee Do-yeon, an analyst at Korea Investment & Securities.
Another battery maker, Samsung SDI Co., is widely expected to have posted earnings below what the market predicted. Its operating income for the third quarter is estimated at 208 billion won, down 14 percent from a year earlier.
SK Innovation Co., a latecomer to the battery business and also the country’s No. 1 refiner, may report 335 billion won in operating income for the July-September period, more than halving from a year earlier.
“SK Innovation may log weak refining margins during the third quarter and its inventory loss may have weighed on its bottom line,” an industry source said.


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Here in the states, we are about a week-and-half away from one of largest shopping days in America: Black Friday. The day after people stuff their faces with Turkey, crowds of people bum rush retailers just to get that "big" TV or "in" toy for half price. But instead of running the risk of being trampled by raging soccer moms at 5 a.m., a wise team over at Google just made shopping a bit more easier.
Google has just updated the Google Shopper app in the Android Market. The new update brings the app to version 1.3. As noted on the Google Mobile Blog, the update carries new search filters that allow users to filter by price and brand. In addition, the app now features -- well, a new "featured lists." The lists let you browse suggested gifts and let you know where the best place to get them at. So instead of trying to fend of some women swinging her purse at you for that microSD card -- remember, a Googler made shopping for the cheap deals a bit easier for you. [Google Mobile Blog]
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On Friday Google announced that it would start to downgrade the search results of sites which have “high numbers” of copyright takedown notices. Make no mistake, this is a major step forward and is something record labels have been pushing for. Over the last year labels and their trade bodies including the RIAA, IFPI and BPI, have shifted some of the emphasis of their anti-piracy efforts from pursuing the symptoms of piracy (e.g. suing file sharers themselves) to tackling piracy at source (e.g. blocking domains and search results). Though there are ‘freedom-of-Internet-speech’ issues surrounding this approach, it makes sound strategic sense, with a much higher potential degree of effectiveness, and without the PR own-goal of taking your own consumers to court.
But just as domain blocking faces numerous technical challenges such as VPNs and proxy servers (see my previous post for more details) so Google’s search de-prioritization move has chink-filled armour:
- Google’s takedown process is imperfect. Google has made major strides in working with copyright owners during the last year, with many labels reporting marked improvements in the takedown process. But the process still has flaws, such as arbitrary limits on the number of claims. Also the process is resources intensive, both for Google and rights owners. So takedown efforts and the resulting list of key infringers is going to lean towards the short head rather than the long tail. Which means the most popular destinations will be hit most while the new up-and-comers will have an opportunity to become established before they feel the effects of downgrading.
- Downgrading will impact individual site audiences relatively slowly. Search result downgrading will also be slow to impact the popular piracy sites whose established user bases will typically go direct to sites via bookmarks or use alternative discovery methods such as torrent trackers. Downgrading will impact their new user acquisition but existing audiences will dwindle more slowly.
- Why downgrade when you can block? If Google genuinely believes that the target sites warrant downgrading because of copyright infringement, then why only go as far as downgrading? Why not just all out block? Just how effective will downgrading be? Will the results drop down the page? Disappear off the front page? Or disappear beyond page 20? (I do not think, though, that there is a case for Google to proactively increase the performance of licensed services as some are pushing for. Firstly these services should invest more heavily in SEO and SEM like everyone else has to. Secondly prioritizing results would fly in the face of Google’s entire search business proposition. And if music sites get a boost then why shouldn’t everyone else? There is strong precedent for Google downgrading – such as the recent link-farm downgrade – but not boosting).
- Some serial infringers are more equal than others. Veteran search guru Danny Sullivan, in typical fashion, managed to uncover a really interesting angle to the story: that Google-owned YouTube will not find itself on the downgrade ‘hitlist’ despite having more takedowns than probably any other site. Though this certainly smacks of double standards –and raises issues about separation of church and state – there is a pretty compelling case for ensuring YouTube remains readily accessible: namely that it is the #1 digital music app in the world. (Granted it may cannibalize many more valuable services, but that’s a separate issue that the industry and Google need to fix).
Of course, the entire takedown and downgrading strategy cannot be viewed in isolation. Google are a reluctant copyright enforcement force, as they make clear by ensuring that every DMCA-complaint blocked search result links through to http://www.chillingeffects.org/ (an Electronic Frontier Federation backed site that helps sites who have had DMCA takedown notices strike back at content owners.) Google are going down this path of ceding more ground to content owners not because of a strategic change of heart, but because they want something back. Whereas Apple has made paid content a success in the iTunes ecosystem, Google has thus far failed to achieve much in the Android ecosystem. (Or to put it more accurately, in the various Android ecosystems – which is of course one of the core problems for Google).
You Scratch My Back…
Google Play is Google’s big content play (no pun intended) and they want more in it from content owners, and they want to take it to more territories. Taking the action that they have done so is designed to make those prickly licensing conversations with rights owners that bit smoother. And Google may well get a lot of what they want. They’ve pretty much played hard ball so far, taking the position that they can bring more scale to the music industry than any other partner and so should be given preferential terms. And they back this position up with a pretty good poker face too, as illustrated by their refusal to meet label license fee demands for a point-and-play locker service and instead following Amazon’s lead in launching a DMCA compliant upload-and-play locker service. Now they can come back to the table with the ‘we’ve done what you asked us to do’ card in their hand.
Music industry, over to you, raise or fold?


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The announcement that original Xbox fan favourite Phantom Dust was returning was a big surprise at E3 last year. An even bigger surprise is that the game will be heading to Xbox One and Windows 10 for free.
This morning, head of Xbox marketing Aaron Greenberg took to Twitter to deliver the good news.
Adam Isgreen, the game’s creative director, said the game would be updated to add a 16:9 aspect ratio, and support for 1080p or 4K resolution depending on the user’s display.
“We haven’t changed anything about the way that the original game worked,” Isgreen said. “So if people want to grind and they want to play exactly like they did when the original game came out, that is all in place. Everything about how the game works and functions is there. We really wanted to allow people to jump into multiplayer and play immediately.” – [source].


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ATLANTA -- The metro Brunswick economy should add jobs at a faster rate than the rest of the state, according to a report released Wednesday by the Georgia State University Economic Forecasting Center.
The quarterly outlook calls for Brunswick jobs to grow 1.3 percent this year compared to the overall state rate of 0.8 percent. It also anticipates the U.S. gross national product to creep forward by only 1.1 percent in 2008 but remain safely ahead of any real recession.
Brunswick, and Georgia's other major port city, Savannah, are outshining other cities because of increasing trade, the outlook's authors wrote.
"Looking ahead, Brunswick's shipping business will benefit from the ongoing project to deepen the shipping channel to handle the world's largest ships," they wrote.
Georgia's overall economy won't slide into a recession this year, but its growth will be so slow that it may seem like it, according to the forecast.
© 2017. All Rights Reserved. Contact Us


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This video is called Elephants‘ Incredible Intelligence | Wild Files with Maddie Moate | BBC Earth.
From Wildlife Extra:
Ivory products pulled from fourth major Hong Kong retailer, The Chinese Goods Centre (CGCL), meaning most of the city’s major retailers are now ivory-free.
The ban by the store in North Point followed similar measures implemented by the stores Wing On, Yue Hwa and Chinese Arts & Crafts last year.
The 52-year-old department store said it had told its tenant supplier in late November to stop selling products made of ivory items listed under the Convention on International Trade in Endangered Species of Wild Fauna and Flora.
“We are aware that a business … should not only be about profit, it should also take on its social and environmental and conservation responsibility,” CGCL director Wong Chow Kuen-kuen wrote in a letter to pro-Beijing lawmaker Elizabeth Quat.
The letter was a reply to Elizabeth’s repeated demands from her for the store to halt ivory product sales. She called the move a “good sign”, but that “There must be a sales ban because the system to regulate licensed ivory traders does not work. Legal and illegal ivory stocks can be sold together and the government cannot monitor any of this.”
HONG KONG TO PHASE OUT IVORY SALES “Hong Kong, said to be the world’s largest retail market for ivory, announced that it would be phasing out the sale of legal ivory in the city.” [Reuters]


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Have you ever imagined playing your favorite PC games with an XBOX controller? If so, your dream might come true with the release of some updates from XBOX. As confirmed by XBOX official website, now it is possible to use an XBOX controller on our PC [...]
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Lenovo’s new hotshot in laptops for SMBs, M490s, offers several security features and maintenance through LSSB (Lenovo Solutions for Small Business).
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Kim Jong Il reportedly often inject himself with the blood of virgin teens to slow down the aging process.
The younger human blood has long been believed to be a drug life. One of the people who know to believe it was the late North Korean leader Kim [...]
Cover story this week will discuss the new smartphone Samsung Galaxy S4.
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Forget for a moment about advanced products. During the next week, TechBoom will discuss more about the person behind the successful world of IT companies in his career.
The first person to be examined is Steve Ballmer. Are there some of you who’ve [...]
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To promote Windows Phone 8, Microsoft took the actress Jessica Alba and singer Gwen Stefani as their commercials. The two celebrities have been selected for the top stars, their status was also a homemaker.
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The wait is over, this month, the new Bluetooth device is finally released, so what can we expect from this new device ? Well, as for the design, the new Divoom Voombox outdoor as the name suggests is specifically designed for outdoor uses. It also comes [...]


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As chip shortage continues to hold the tech world in a tight grip, limiting production and spiking product prices, the EU is seeking to use legislation to push for greater resilience and sovereignty in regional semiconductor supply chains.
Compared to other regions, the EU is the most disadvantaged when it comes to semiconductor production, apart from Africa. Now the bloc sees legislation as a way to augment existing plans to increase chip production in Europe.
“But while global demand has exploded, Europe’s share across the entire value chain, from design to manufacturing capacity has shrunk. We depend on state-of-the-art chips manufactured in Asia,” the EU president, Ursula von der Leyen said Tuesday during a state of the union speech.
She explained that gaining greater autonomy in chipmaking is now a key component of the EU’s overarching digital strategy. Presenting the “European Chips Act”, she explained that the EU should harp on a strategy backed by legislation to ease production bottlenecks and protect the bloc’s interests.
“There is no digital without chips,” said von der Leyen. “While we speak, whole production lines are already working at reduced speed — despite growing demand — because of a shortage of semiconductors.
“So this is not just a matter of our competitiveness. This is also a matter of tech sovereignty. So let’s put all of our focus on it.”
Ursula called on the bloc to build on existing collaboration that has seen Europe contain covid-19, in tackling the bloc’s chip dependency.
The Chips Act will aim to link together the EU’s semiconductor research, design and testing capacities, she said, calling for “coordination” between EU and national investments in this area to help boost the bloc’s self-sufficiency.
“The aim is to jointly create a state-of-the-art European chip ecosystem, including production. That ensures our security of supply and will develop new markets for ground-breaking European tech,” she added.
Besides covid, Ursula pointed at the Galileo satellite navigation the EU launched 20 years ago, in a bid to stir the belief that the bloc can attain chip self-sufficiency if it bands together. Though she admitted the task ahead would be daunting.
“Today European satellites provide the navigation system for more than 2 billion smartphones worldwide. We are world leaders. So let’s be bold again, this time with semiconductors.”
The EU had in March unveiled the Digital Compass plan, designed to help the bloc produce 20% of the world’s cutting-edge and sustainable semiconductors by 2030%. The proposed European Chip Act is meant to elaborate and accelerate the plan.
Per TechCrunch, the EU’s internal market commissioner, Thierry Breton, explained in his that the legislation will help the Commission to integrate Member State efforts into a “coherent” pan-EU semiconductor strategy and also create a framework “to avoid a race to national public subsidies fragmenting the single market”.
The aim will be to “set conditions to protect European interests and place Europe firmly in the global geopolitical landscape”, he explained.
According to Breton, the Chip Act will comprise three elements: Firstly, a semiconductor research strategy that will aim to build on work being done by institutions such as IMEC in Belgium, LETI/CEA in France and Fraunhofer in Germany.
“Building on the existing research partnership (the KDT Joint Undertaking), we need to up our game, and design a strategy to push the research ambitions of Europe to the next level while preserving our strategic interests,” he noted.
The second component will consist of a collective plan to boost European chipmaking capacity.
He said the planned legislation will aim to support chip supply chain monitoring and resilience across design, production, packaging, equipment and suppliers (e.g. producers of wafers).
The goal will be to support the development of European “mega fabs” that are able to produce high volumes of the most advanced (towards 2nm and below) and energy-efficient semiconductors.
However, the EU isn’t planning for a future when it can make all the chips it needs itself.
The last plank of the European Chip Act will set out a framework for international co-operation and partnership.
“The idea is not to produce everything on our own here in Europe. In addition to making our local production more resilient, we need to design a strategy to diversify our supply chains in order to decrease over-dependence on a single country or region,” Breton went on. “And while the EU aims to remain the top global destination of foreign investment and we welcome foreign investment to help increase our production capacity especially in high-end technology, through the European Chips Act we will also put the right conditions in place to preserve Europe’s security of supply.”
“The US are now discussing a massive investment under the American Chips Act designed to finance the creation of an American research centre and to help open up advanced production factories. The objective is clear: to increase the resilience of US semiconductor supply chains,” he added.
“Taiwan is positioning itself to ensure its primacy on semiconductor manufacturing. China, too, is trying to close the technological gap as it is constrained by export control rules to avoid technological transfers. Europe cannot and will not lag behind.”


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According to research firm Canalys, smartphone sales fell 11% in the first quarter of 2022 due to widespread market uncertainty. For comparison, in the first quarter of 2020, sales fell 13% to 272 million units due to Covid-19 affecting global smartphone demand.
Nicole Peng, Vice President of Canalys, commented that the market has seen a spike in Covid-19 cases due to the Omicron variant, but hospitalizations and deaths have decreased due to high vaccination rates, helping to normalize consumer behavior. fast. However, manufacturers face great uncertainty due to the Russia-Ukraine war, the blockade in China and the risk of inflation. All of which makes smartphone shopping demand decrease.
Major Chinese smartphone brands such as Xiaomi, Oppo and Vivo all lost market share last quarter. In contrast, Samsung and Apple won market share. Specifically, Xiaomi, Oppo and Vivo achieved market shares of 13%, 10% and 8% in the first quarter, while Samsung led with 24%, replacing Apple as the world’s largest smartphone manufacturer. Apple is second with 18% market share.
The latest rankings reflect the obvious challenges facing the major Android phone carriers in China. Not only are they affected by the semiconductor crisis and supply chain disruptions, they have to deal with inflationary pressures caused by the war in Ukraine. Oppo and Vivo ship up to 70% of smartphones for the home market. However, the good news is that, according to Ms. Peng, the shortage of components may improve sooner than anticipated, somewhat reducing cost pressure.


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Samsung is to build a new memory chip production line in China in late March as part of a cunning plan to boost NAND flash technology to meet future demand.
Powering eXtended reality (XR), artificial intelligence (AI) and more
After the official announcement of the new Samsung Galaxy S9 and the Galaxy S9+, Qualcomm was quite keen to note that its Snapdragon 845 SoC will be the one that will power all those new features in some regions.
Competition is too brutal warns Huawei
The smartphone industry is set to consolidate as crucial players surrender to the market leaders, warned a Huawei bigwig.
Similar design but with new SoCs and more features
Samsung has unveiled its newest Galaxy S9 and S9+ smartphones at the Unpacked event at the MWC 2018 show in Barcelona, revealing two smartphones that will have a similar design but come with updated hardware and a few other features.
But...but Apple said it would be the next big thing
Despite a fundamentalist belief among the Tame Apple Press that OLED would be the next big thing, Samsung says that it will not be looking at OLED TVs and it is slashing its production of smaller screen OLEDs because Apple was not selling enough iPhone Xs to make it worthwhile.
Figures all up
The maker of expensive printer ink which is more costly than gold reported first-quarter revenue and profit on Thursday above Wall Street estimates as it sold more personal computers and printers, helping the company raise its full-year profit forecast.
Alongside everything else
Samsung will have a hard time to show something new at the Galaxy S9/S9+ unveil event considering that most of the information, including specifications, pictures and, now the price, have leaked online.
ULV for the first ever 7nm chip
Cristiano Amon told us not so long ago that Samsung and Qualcomm are now big friends and allies, and confirmed that Samsung will be working with Qualcomm on current and future phones. Now, both companies have announced that Snapdragon 5G chipset will be using Samsung’s 7nm LPP EUV process.
Bigger the better
Samsung Electronics announced that it has begun mass producing the industry’s biggest Serial Attached SCSI (SAS) solid state drive (SSD).
Apple doomed unless it can come up with something else
IDC beancounters have added up some numbers and worked out that we have reached "peak smartphone" which means that unless Apple can come up with a new cash cow, it is doomed to maintain or lose its stonking sales figures.


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Liam Gallagher Announces New Album C’mon You Know
Liam Gallagher has announced his third solo album: C’mon You Know is slated to arrive May 27, 2022. Gallagher has also announced a concert at Knebworth Park, which will take place on Saturday, June 4, 2022. Check out a trailer for show and the album cover below.
In an interview with Chris Moyles on Radio X, Gallagher said he’ll release a single called “I Wish I Had More Power,” which he’s dedicating to his brother and frequent nemesis Noel. “Yeah, it's a naughty little tune, but it’s lovely,” he said.
Gallagher released his first solo record, As You Were, in 2017, following it with Why Me? Why Not. in 2019. A new documentary on Oasis’s landmark concerts at Knebworth Park was recently released.
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