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Potbelly CEO Bob Wright said the chain is in the early innings of its digital transformation—that makes the brand's current streak all the more impressive.
The second quarter marked the fast casual's seventh consecutive period of record digital sales. Online/app accounted for 38 percent of total sales, which is a 170-basis-point increase from last year. That growth is primarily through channels owned by Potbelly, which bodes well for its long-term goal of 16 percent shop-level margins.
The digital surge was fueled by enhanced app and web interfaces, efforts to increase acquisition and activation of the Perks Loyalty Program, and engagement through targeted digital promotions and advertisements. For instance, in Q2 Potbelly announced the return of its Underground Menu—which is only available via the app—and reintroduced the Clubby, featuring roasted turkey breast, hickory smoked ham, crispy Applewood smoked bacon, and Provolone cheese dressed with lettuce, tomato, and buttermilk ranch. Despite being available only through the app, it quickly became the No. 1 sandwich within the first few days.
Potbelly doesn't provide detailed metrics on the penetration or member acquisition rates of its loyalty program, but Wright did say he's "incredibly pleased" with its contribution to the digital business in Q2. The rewards program is filled with customers that are more frequent, come with a higher average check, and are very easy to activate via promotions.
"They're becoming more and more affiliated with and have a higher affinity for the brand and they'd like the way that they're brought into that sort of friendly ecosystem," Wright said during the chain's Q2 earnings call. "We think that's very favorable for us over time and we also think we've got a lot of room to run with growing Perks because clearly once they're in our channels, we get all that data. We get to speak to them directly, we get more of a one-on-one relationship with them and we have different nurturing channels depending on their behavior."
Potbelly's same-store sales rose 12.9 percent in Q2, driven mainly by expansion in traffic and market share. April, May, and June saw comps growth of at least 10 percent, and all real estate types—suburban, central business district, and airport locations—grew in the high single digits. Wright said the brand's growth in traffic has outpaced the fast-casual segment week-on-week and month-on-month for a while.
In addition to its marketing efforts and loyalty program, Potbelly attributes its fast-casual outperformance to Potbelly's Digital Kitchen, a recently rolled-out platform that helps a restaurant's ability to sort orders, present them to employees, and coordinate processes. The technology is meant to increase speed of service, throughput, accuracy, and food quality. The Digital Kitchen is still being launched in existing shops; it will be standard in all new franchise locations.
"We also continue to be encouraged by the benefits we're seeing from Potbelly Digital Kitchen or PDK, which are clearly showcased through the ongoing growth of our digital business and our ability to handle the incremental throughput, particularly during peak periods," Wright said. "Moreover, the improvements in the customer experience are equally important, evidenced by orders ready on time, accuracy, and food quality scores."
The Shop-level profit margin was 14 percent in the second quarter, up from 11.4 percent in Q2 2022. Restaurants earned $25,950 in average weekly sales, which is $1.34 million in annualized AUV.
All of the improved financial figures are translating to increased development activity. Potbelly has signed commitments for 106 restaurants under its Franchise Growth Acceleration initiative. That includes founder Bryant Kyle, who signed a 27-unit deal—12 refranchised shops and 15 to be developed in Maryland. Development agreements have also been signed in North Carolina, South Carolina, Virginia, Florida, Tennessee, New York, Maryland, Illinois, and South Dakota.
Potbelly finished Q2 with 427 stores systemwide (372 corporate locations and 55 franchises). That's a net loss of 13 restaurants year-over-year. The long-term goal is to reach 2,000 outlets in the U.S. over the next decade. On its way there, the company will refranchise 25 percent of its company footprint and ramp up franchise unit growth to at least 10 percent annually. As a further investment, Potbelly in June hired Lynette McKee as senior vice president of franchising. The new executive, with past stops at Dunkin', Burger King, and Checkers & Rally's, is responsible for all aspects of franchisee market planning, franchise recruitment, and sales.
Potbelly opened 10 or fewer restaurants in 2019, 2020, 2021, and 2022, and the brand will be somewhere in that ballpark for 2023 as well. But in 2024, the unit expansion is expected to surpass 40 stores.
"We are excited to celebrate the number of shop commitments that we have since we started our franchise growth acceleration initiative and at 106 we feel like the pace is in our favor," Wright said. "And as with development in any brand, it's all about building momentum and so what we're looking forward to is building on the momentum we have and developing more of that as we finish this year and all through next year."
Wright also noted that while nontraditional locales present a "big opportunity" for Potbelly, typical streetside restaurants are being prioritized in the coming years.
"I'd like to be clear on the balance there," Wright said. "Our emphasis is on [shop development agreements] and [shop development area agreements] with multiunit franchisees that will build out a certain territory. It's the best way to penetrate the market. It provides the most predictable pattern of growth for us."
In Q3, Potbelly projects average weekly sales per store will be between $25,000 and $25,500, same-store sales between 7 and 9 percent, and shop-level margins between 12 percent and 14 percent.
For the full year, the chain expects record-high AUVs, comps in the high single digits to low double digits, and shop-level margins in the low teens.


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The U.S. and ZTE reach a deal that will lift export ban – TechCrunch
America authorities has made a take care of Chinese language telecommunications big ZTE that, as soon as accomplished, will carry the ban stopping the corporate from working with American suppliers. The settlement eases tensions within the U.S.-China commerce warfare as a result of the seven-year denial order, which the Trump administration imposed in April after ZTE violated sanctions in opposition to North Korea and Iran, was a serious level of competition between the 2 international locations.
Our assertion on #ZTE and the escrow settlement: pic.twitter.com/w0Bbej1mAU
— U.S. Commerce Dept. (@CommerceGov) July 11, 2018
In line with an announcement from the Commerce Division, as soon as ZTE completes a $400 million escrow cost, the division’s Bureau of Trade and Safety (BIS) will carry the ban. The Commerce Division says “the ZTE settlement represents the hardest penalty and strictest compliance regime the Division has ever imposed in such a case. It is going to deter future unhealthy actors and make sure the Division is ready to defend the US from people who would do us hurt.”
Many U.S. lawmakers are nonetheless involved concerning the safety repercussions of the deal, nevertheless, and a bipartisan group of senators launched laws final week that might probably restore a few of the penalties imposed on ZTE.
The denial order was imposed as a result of the Commerce Division claimed that ZTE violated U.S. legal guidelines in opposition to promoting tools containing American know-how to Iran and North Korea, and never solely didn’t observe the phrases of a 2017 settlement with the Division of Justice, but additionally lied to the U.S. The ban reduce off entry to a number of of ZTE’s key suppliers, together with Qualcomm, and was extreme sufficient that it was described as a “dying penalty” for the corporate, which reportedly anticipated to lose $three billion because of this.
However ZTE rapidly grew to become a pawn in the united statesChina commerce wars and the Trump administration mentioned in Might that the corporate might proceed shopping for from U.S. suppliers if it paid a nice of at the least $1.three billion and changed its senior administration and board. ZTE’s new administration workforce was put into place final week, with new CEO Xu Ziyang promising stronger compliance procedures.
Supply hyperlink – https://techcrunch.com/2018/07/11/the-u-s-and-zte-reach-a-deal-that-will-lift-export-ban/

domain: news


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(PCC)Has Bud learned anything from the boycott? Probably not, except to do better market research. However, all the research in the world won’t change the hearts of man.
Another casualty of the Woke agenda is a glass bottling plants, which were contracted by Anheuser-Busch and affected by the Bud Light promotion with transgender influencer Dylan Mulvaney, will be closing down two of their locations.
This decision will result in over 600 employees losing their jobs. The Ardagh Group, a global glass producer, announced the closure of plants in North Carolina and Louisiana, citing declining Bud Light sales and nationwide boycotts as the primary reasons.
Workers at the bottling plants reported decreased production following the collaboration announcement, leading to machines being taken offline.
An internal memo from Ardagh Group executives confirmed the closure due to slow sales with Anheuser-InBev.
The glass bottling plants heavily relied on producing bottles for Budweiser and Bud Light, so the decline in demand directly impacted their operations. Employees at one of the plants stated that their manager informed them that the closure was due to Bud Light no longer requiring their product.
Bud Light has faced significant sales declines and financial losses since the controversial partnership with Mulvaney, resulting in nationwide backlash and ongoing boycotts. Recent data showed a 24.4% decline compared to the previous year.
Despite various efforts to mitigate the damage, including discounts and rebates, Bud Light’s sales continue to plummet.
Mulvaney criticized the backlash against Bud Light, highlighting the increase in bullying and transphobia, while expressing disappointment in the company’s lack of support.
Final Word: The ‘Mulvaney Perversion’ destroyed Bud Light never to recover and it didn’t need to be this way. When Woke is embraced as normal it forces normal into the arena of viewpoint combat and when this happens nothing survives. Evil cancels commonsense.
At this point all I can say is Bud “Lights OUT!”


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For the first time since 2017, the calendar-year combined ratio for the property/casualty industry will eclipse 100 in 2022 due to inflation, said S&P Global Market Intelligence.
“We expect that growth rates in the commercial lines will pull back from 2021’s torrid pace of 13.6%, but any retreat will be mitigated by upward pressure on personal lines premiums. The personal lines segment should see overall growth and increases in rates due to the negative impact of supply chain-induced inflation on claims costs,” wrote Tim Zawacki, lead insurance analyst. “Our outlook anticipates a return to a sub-100% combined ratio in 2023, but factors such as persistent inflation and the U.S. economy potentially slipping into recession create considerable uncertainty.”
S&P’s U.S. Property & Casualty Insurance Market Report projected an increase of 0.9 percentage points in 2022 for a combined ratio of 100.4 on a year-over-year basis.
The report cites the effects of COVID-19 to the global supply chain, especially to private-passenger auto. Inflation on vehicle repair and replacement costs in auto caused a combined ratio of nearly 101.5 in 2021 from 92.5 in 2020, when the line of business was responsible for keeping the overall P&C combined ratio below 100. This year, auto will “push the overall combined ratio into the red,” Zawacki said. Without results from private auto, the overall P/C combined ratio would be 3.2 points lower.
S&P said it looks to the homeowners line for better results due to rate hikes and growth in replacement-cost values. Also, some risk in hurricane-prone regions moved into state-run residual markets.
After its best result since 2015 with a combined ratio of 96.1 in 2021, commercial lines are projected to record a 96.3 combined ratio in 2022, with growth in direct premiums written of more than 10.5%. The outlook from S&P includes multiperil and crop insurance. Each are expected to see premiums increase in response to soaring commodity prices, S&P said.
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Milan: Italy's competition regulator is threatening Apple Inc with further fines of up to 300,000 euros ($381,000) if it does not offer local customers a free two-year warranty as demanded by Italian law, a source close to the watchdog said on Sunday.
In Italy consumers who buy electronic products and other durable goods have the right to get two years of free assistance, irrespective of other warranties offered by a manufacturer.
The AGCM competition and market authority has already imposed fines of 900,000 euros on divisions of Apple, which offers a paid technical support service, for failing to tell customers about their rights to free assistance.
But months after the previous fine, Apple has failed to comply with the antitrust request, the source said. The company currently offers a free one-year guarantee scheme, which can be extended to two years on payment of a fee....more
10:23 AM, Jul 02, 2012


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The Scottish government has confirmed its plans to introduce a minimum price of 50p per unit of alcohol sold.
Health ministers and medics believe that setting a minimum price at this level will have significant benefits for health and society, while protecting the industry.
The government has released figures showing that the majority of drinks - particularly high-end alcoholic beverages such as whiskies - will be unaffected by the move as they are already sold at more than 50p per unit.
However, many supermarket brands - such as Tesco Strong Dry Cider - and high-strength beverages such as Tennents Super Lager (nine per cent ABV) will see an increase in price.
Health secretary Nicola Sturgeon said: 'Cheap alcohol comes at a price and now is the time to tackle the toll that Scotland's unhealthy relationship with alcohol is taking on our society.
'Introducing a minimum price per unit will enable us to tackle these problems, given the clear link between affordability and consumption.'
The move has been widely welcomed by medics, with the Scottish branch of the British Medical Association (BMA) claiming it could prevent at least 8,600 alcohol-related hospital admissions and deaths.
Dr Brian Keighley, chairman of the BMA in Scotland, said: 'A minimum price, as part of a wider strategy, could end Scotland's heavy drinking culture and I am proud that Scotland's politicians are once again leading the world on public health policy.'


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Earnings: IBM posts profit gain in face of pension suit
Published 5:30 am, Tuesday, October 19, 2004
NEW YORK - IBM reported a small gain in its third-quarter profit Monday as increasing revenues in almost every area of the business, including emerging markets such as Russia and China, helped offset expenses from a pension lawsuit.
For the quarter ending Sept. 30, IBM earned $1.80 billion, or $1.06 per share, compared to $1.79 billion, or $1.02 a share, at the same time last year.
Excluding a charge of $320 million, or 11 cents a diluted share, related to a pension lawsuit filed by retirees, the company earned $2 billion, or $1.17 per share. Analysts surveyed by Thomson One Analytics had predicted $1.14 per share.
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Portions of the retiree lawsuit are still unresolved, and the company said in September, when it announced the $320 million charge, that it could face additional payments.
The company and the plaintiffs reached an agreement in September that would cap IBM's total liability at $1.7 billion.
The company announced its results after the markets closed. IBM shares had ended the regular trading session up $1.07, or 1.3 percent, at $85.92 on the New York Stock Exchange. In the extended session, the shares rose another 2.4 percent, or $2.08.
In other earnings:
• Texas Instruments, the largest maker of chips for cellular phones, said quarterly profit rose about 26 percent on demand from handset makers even as it struggles with a nagging inventory problem.
• 3M reported a 17 percent increase in its third-quarter profit, but the maker of Post-it notes and Scotch tape missed analyst expectations and said full-year earnings would fall slightly below forecasts, too.
• Delphi, the world's largest automotive supplier, said it lost $114 million in the third quarter, reflecting lower North American vehicle production and higher material costs.
• Kraft Foods, the nation's largest food manufacturer, posted a 4 percent decline in third-quarter profits on increased marketing spending and higher commodity costs.
• American Standard Cos. said its third-quarter profit surged 27 percent as progress in the manufacturer's bath and kitchen and vehicle-control units drove results.
• E-Trade Financial's third-quarter profit rose 29 percent, despite a sharp drop in investor trading at its online brokerage and signs of weakness in its banking business.
• Tupperware said its third-quarter earnings rose on gains from land development and slightly higher sales to beat Wall Street expectations for the food storage products maker.
• Lexmark International posted a 50 percent jump in third-quarter profit as strong growth in its business and consumer units offset an unexpectedly weak market.
• Forest Laboratories said quarterly profit jumped 60 percent on surging sales of its antidepressants Celexa and Lexapro.


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A wave of new woke products will begin appearing at your local Target stores, all of them targeting children.
Target revealed it will now begin selling breast binders and packing underwear for gender fluid and transgender children as part of its clothing collections ahead of Pride month in June.
The retailer has been criticized in the past over its Pride collection of clothing for kids and even babies, but the new move marks a new level of virtue signaling and joining the woke movement.
The partnership with the TomboyX and Humankind brands will provide the gender affirming clothing. Liberal media outlets insist the new offerings will offer greater access to trans clothing for those who have had difficulty identifying their gender or who want to be more fluid.
The products are expected to be available in store and online. One of the toddlers shirts even include the wording “Trans rights are human rights.”
What would have been unthinkable not long ago is now coming to a Target near you. Find out more in the latest video from Newsmax.
8 thoughts on “Target to Begin Stocking Gender Affirming Clothes for Young Children”
Another good reason not to shop with these a-s holes .
This has to be a joke right. Why can’t these perverts just let kids be kids. Let them grow up and be what THEY want to be not what’s pushed upon them. Right up there with Disney. Won’t go to either anymore. Boycott target
Target needs to start boarding up even more of their stores right now. Parents are going to boycott their stores if they continue to SUPPORT THE LEFT’S INFRINGING ON PARENTAL RIGHTS AND RESPONSIBILITIES! How reprehensible is Target’s actions to add to the poison already bombarding children?
Very, very sick.
Why are we punishing pedofilia when this homo, transgender, lesbo crap is as bad as the former
Soon, all will be acceptable; after all, don’t they claim that good love evribody, including dogs, chickens, goats
And we think that Sodoma and Gomora were bad. Think again
I use to like shopping at Target but wit this will probably stop and find another store if that continue with this
Target has always been on the liberal left side of issues. They gave money to BLM when they were burning down cities and looting and assaulting people. Now they want to corrupt our children. There are many other stores to shop at. Do not contribute to Targets work culture. Hope they go under!
Get ‘Woke’, Go Broke, I Hope !
Our children? It is a sad day for our Country! But, as my grandparents said, ‘The pendulum always swings back.’


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Burton/Forum Snowboards, K2, and Ride will all be releasing ISO50-designed snowboard lines for 2007. More info and images coming soon.
If you went to some of the Apple stores a few months back you were able to buy the updated versions of these.
I’ll be recording the next Tycho album for Ghostly International Records. I’ll also be working with them on some new design products over the coming year, stay tuned for updates.
Ghostly International >
Merck Records has released a 12″ vinyl sampler featuring songs from Tycho’s recent album, “Past is Prologue”. It will be available at the ISO50 Shop soon. Merck Records >
I’ll be hosting a booth at this years OFFF festival in Barcelona, Spain. Full details info coming shortly.


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Insights from Helen of Troy, Pattern and Nike during Adweek's The Future of Shopping summit.
The new guidelines are intended as a call to action for companies to protect the communities they serve.
As influencers on public opinion, those of us at the helm of brands have a responsibility drive change beyond issuing boilerplate statements.
Startups such as Good Man Brand provide both inspiration and a blueprint for how to position a brand during a turbulent time.
Mother's Day may look different this year, but these brands still think the holiday is work commemorating.
Start planning for the new normal with this guideline. The key to the kingdom is the recovery marker.


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Hotels and Online Travel Agencies (OTAs) have been at loggerheads over the issue of rate parity for a long time but will need to work together to maximise revenues. Hotels and OTAs have their own competitive advantages and limitations, but will have to formulate a collaborative strategy that maximises revenues, builds brand confidence and rewards consumer loyalty. While hotels have the micro information, OTAs have the purchasing and booking habits of consumers. In the evolving landscape, it is crucial that hotels understand direct bookings do not matter like they did in the past. Instead, establishing a collaborative approach, with the help of technological advances which maximises revenues, should be the focus. The essence of rate parity is to have the same rate for the same product across all distribution channels. However, rate undercutting has created stress between hotels and OTAs and, as a result, significantly reduced consumer confidence in brands.
According to a report entitled ‘Alternative Accommodation – Driving Growth for Destinations or Disruption’ published by Colliers International, rate parity agreements have led to a turbulent relationship between hotels and OTAs in recent years.
Filippo Sona, head of hotels MENA at Colliers International, said: “Consumers are comparative shoppers, so when they see that the rate on a hotel website is higher than an OTA for the same product, this creates a negative sentiment about the brand in their minds. As the undercut rate percentage by OTAs increases, there is a drop in the booking conversion on the hotel’s website. Today’s consumers have a more sophisticated mind set and level of needs, and as a result, rate parity is hindering the ability of OTAs to make more money and hotel companies to offer higher average room rates. If we removed the rate parity mechanism, we would be able to more effectively fulfil the needs of OTAs and hotels, while providing a more personalised product to consumers.”
In my opinion, the first emerging tool will be dynamic commissioning. This will enable hotels to set a hurdle rate for OTAs, in turn incentivising OTAs to sell above that rate to earn a higher commission. Based on the Colliers’ research, it is suggested that for every US$10 above the hurdle rate, OTAs earn an extra five per cent, with the maximum amount of possible commission capped at 35 per cent. I think in this manner some equitable acceptance mechanism can fall into place.
The second approach is nano pricing which provides consumers with the power of choice and added confidence in brands. Today, hotel room prices are based on three factors: room view, room type and number of occupants. However, nano pricing is calculated by combining base price (room inclusive of limited amenities) with the cost of any requested extras (for example, upgraded toiletries).
With continuous technological advancements in the online travel market such as metasearch engines, blockchain and augmented analytics, new strategies need to be devised to win back consumer confidence and increase their brand loyalty.
Paula De Keijer, senior director of market management Middle East, Africa, Greece & Turkey, for Expedia Group, said: “With the consumer in mind, blockchain technology provides services such as secured payment, identification and security, simplified loyalty programmes and baggage tracking. As we look to the future, augmented analytics will provide consumers with the power to make more informed choices. Considering the vast amount of data that hotels and OTAs accumulate, this technology is the perfect tool to understand consumer behaviour, preferences and booking patterns. Combining algorithms, artificial intelligence and machine learning will lead to providing better recommendations to customers and matching them to the properties best suited to their needs.”
Whatever be the peace pipe that both sides need to smoke, the finale has got to envisage peaceful co-existence in order to optimise each other’s long term financial health and the sustenance of the interdependence of functions.
Singapore Tourism Board (STB) staged its first MICE-focused event for 2019 in India, a thought leadership seminar in Mumbai with the theme “Meetings & Incentive Travel to Singapore – Forging New Possibilities”. The event was attended by 150 Indian travel trade stakeholders and 40 Singapore stakeholders representing hotels, airlines, attractions, DMCs and cruise operators. A […]
Canada has recorded a 17 per cent growth in Indian leisure and business travellers in the January-September 2018 period. The increase in the number of daily flights from two major Indian cities, Mumbai and Delhi, and an increasing perception of Canada as an aspirational destination has helped the growth of incentive and business travel too. […]
Philippine Airlines (PAL) is starting direct, non-stop, four-times weekly flights between Manila and New Delhi starting April and could be the stimulus required to trigger growth from the burgeoning Indian market. Current flight options linking both countries entail stopovers, including Cathay Pacific via Hong Kong, Thai Airways via Bangkok, and the more expensive option of […]
Penang has won The International Congress and Conferences on Computational Design and Engineering (I3CDE) which will move from its home in South Korea to Malaysia this year. This major conference which will held from July 7-10, 2019 at Park Royal Penang Resort. I3CDE is organised by the Society for Computational Design and Engineering in South […]
Attracting MICE business is being considered a viable option for the hotel industry in India as the hotel room inventory expands and weekend occupancies dip. Cushman & Wakefield reported that the Indian hospitality sector will add 52,000 new hotel rooms by 2024. This will lead to a rise of over 65 per cent in total […]


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ICICI Prudential Life Insurance insurer saw a 87.1 percent growth in FY17 in protection business to Rs 260 crore in terms of annualised premium equivalent (APE).
The overall deal space is on a slow lane because we are into the earning season but some of the large transactions in private equity space have taken place but the private equities have made some he
CITY OF SAN FERNANDO -- The Bureau of Customs collected P104.9 billion in revenue for the first quarter of the year, up 0.6 percent from the P104.28 billion collection target set for the period.
CNBC-TV18 accessed the form 483 which includes the two observations. While the first observation says that the pharma major#39;s Srikakulam lab records do not include a complete record of all data,
SEVEN industrial and economic zones in Mindanao are being eyed to be developed and established as part of the National Economic and Development Authority (Neda)'s Mindanao Strategic Development Framew
TWELVE airports in Mindanao are eyed to be modernized and upgraded to meet international standards as part of the Mindanao Strategic Development Framework (MSDF) 2020 of the National Economic and Deve
Tata group hospitality firm Indian Hotels Co Ltd today said Shapoor Mistry has resigned as director of the company with immediate effect.
Government says restaurants and hotels can no longer charge service charges from customers. But does the industry agree?
SAN Miguel Brewery Inc. (SMB) will be opening a new brewery, its second in Mindanao, next year in Barangay Sta. Ana, Tagoloan town, Misamis Oriental.
SMB President Roberto Huang said the brewery will
Indiabulls Housing Finance has raised Rs 225 crore by issuing debt bonds on a private placement basis.
The Income Tax department has issued a Rs 24,646 crore tax demand notice to Sahara Group#39;s Aamby Valley Limited (AVL) after conducting a special audit of the company.
Auto industryâ??s long, assiduous and fierce campaign against the Environment Protection Control Authorityâ??s (EPCA) efforts to illegalize the sale of Bharat Stage 3 vehicles from April 1 this year
EVEN with several countries issuing travel advisories discouraging travel to Cebu, a property consulting firm believes the effects of such warnings on local tourism will be short-term.
In a statement,
BELLE Corp. realized consolidated net income of P783 million for the first quarter of 2017, which is close to double its first quarter 2016 consolidated net income of P413 million.
The company’s opera
SM Prime Holdings, Inc. (SM Prime) plans to spend at least P50 billion a year over the next two years to support its developmental goals.
SM Prime is allocating 80 percent of its capital expenditure o
THE Service Management Program Plus (SMP+), a course on higher-value IT-BPM services, will be offered in Cebu next month through the Cebu Educational Development Foundation for Information Technology
SUN Savings Bank starts offering today a new three-year time deposit (TD) with an interest rate of 4.5 percent per annum.
As a special feature, the interest will be paid one year in advance at the da
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Counting will start at 8 AM and the results are likely to be declared by 11 AM today.
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CNBC-TV18 learns from sources that the NHAI has made a fresh push to resolve disputes in the infrastructure sector. Ashpreet Sethi joins with the details.
Vistara CEO Phee Teik Yeoh and Gurjot Singh Malhi, Advisor to CEO, held detailed discussion on this with Punjab Chief Minister Captain Amarinder Singh here, an official spokesman said.
To be fair, Dollar has been quietly working on its image â?? and sales â?? after its brand ambassador and Bollywood actor Akshay Kumar crackled the airwaves with the now famous tagline â??Fit Hai Bo
Patanjali Ayurved clarified that the amla juice does not fall in the purview of the safety standards set by the countryâ??s food regulator Food Safety and Standards Authority of India (FSSAI).
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Powered by #39;neural machine translation#39;, users will be able to translate between English and nine widely-used Indian languages â?? Hindi, Bengali, Marathi, Tamil, Telugu, Gujarati, Punjabi, Ma
The limited edition, Polo GT Sport will be available across both petrol and diesel variants of Polo GT, Volkswagen Groups Sales India said in a statement.
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The company had filed draft papers with the Securities and Exchange Board of India (Sebi) in January. It had obtained #39;observations#39; from the regulator on April 13, which is necessary for any


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JAPAN: Chrysler to make a return
Chryslers are going back on sale in Japan for the first time in more than four years.
The company said it will price the flagship 300 sedan competitively in an attempt to stimulate consumer demand.
The turbocharged Lancia-based Chrysler Ypsilon, will be equipped with Fiat’s two-cylinder Twin Air engine.
I wouldn't have thought that, with the current state of play in the European auto industry, there'd be too much niggle in the union ranks. But we've reported on a bit this week....
We live in strange times. As Fisker, a rival with supposedly superior range-extending technology falls apart, the value of Tesla rises yet again, this time by almost two percent on Wednesday to US$9.7...
Fiat says production at three plants in Italy, Spain and Serbia has now resumed after huge disruption caused by a dispute with a key supplier....
Fiat has denied it is shifting its legal company headquarters from Italy following the planned merger with Chrysler Group....
A new Magneti Marelli Automotive Lighting plant has been opened in Foshan, Guangdong province, in southern China....
- INTERVIEW: Ford of Europe's chief, Stephen Odell
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- GENEVA: Apple launches car iOS
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- Dacia: The no frills automotive brand, that is becoming a serious world contender
- China’s One-Child Policy is Shaping a New Automotive Landscape
- PLDB - vehicle cycle plan database (annual subscription)
- Global light vehicle HVAC market 2008 to 2028


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Pepperidge Farms has introduced new 100 Calorie packaging of their famliar cookies.
The Chessemen Butter Cookies are small shortbread style cookies with shapes of chess pieces on them.
The new packaging has 5 individually sealed packages with .71 ounce servings of the cookies (100 calories).
As a reference, an ordinary package of (the full-sized) Chessmen cookies is 7.5 ounces. For those who can't seem to eat .71 ounces from an unmoderated bag, Pepperidge Farms has solved the problem. Even if you fall off the wagon and eat all five package in the box, you're still only getting 500 calories, where you'd be getting over 1,000 in a regular bag. (Most likely at the same price.)
For more on the new trend in portion control packaging see the New York Times this week: In Smaller Packages, Fewer Calories and More Profit (basically, buy yourself a box of baggies and a calculator and save yourself a LOT of money).
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GE Appliances to Convert Fridge Plant Into One That Makes Water Heaters
CAMDEN, SC—GE Appliances will invest $60 million to create a Manufacturing Center of Excellence for production of water heaters at its plant here. Renovation and retooling efforts will transform the plant, which currently produces refrigerators, into a high-volume, water heater production facility with capacity for future growth. Since 2018, GE Appliances has invested more than $600 million in new products, US manufacturing and its expanded smart distribution network, creating more than 1,200 new jobs.
The $60 million investment will enable the company to retain all current GE Appliances employees. Employees at the plant will be offered opportunities to leverage their production, skilled trades and lean manufacturing expertise to assist in creating the new water heater production line. The new manufacturing line is targeted to start production in the fourth quarter of 2020.
GE appliances are in 50 percent of all US homes. The products are sold under the Monogram, Café, GE Profile, GE, Haier and Hotpoint brands and include refrigerators, freezers, cooking products, dishwashers, washers, dryers, air conditioners, water heating and water filtration systems.


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We are pleased to add Jack to our board of directors
AUSTIN, Texas--(BUSINESS WIRE)--Silicon Labs (Nasdaq: SLAB), a leader in high-performance, analog-intensive, mixed-signal integrated circuits (ICs), today announced that Jack R. Lazar was elected to the company’s board of directors at the annual shareholders meeting. Mr. Lazar brings a wealth of relevant industry expertise along with a strong financial acumen to Silicon Labs’ board.
Mr. Lazar has a strong track record of helping build successful technology companies. Most recently, he was senior vice president of corporate development and general manager of Qualcomm Atheros following the acquisition of Atheros by Qualcomm in 2011. Mr. Lazar joined Atheros in 2003 and most recently served as chief financial officer and senior vice president, corporate development. He also served as executive vice president and chief financial officer of NetRatings, Inc., and chief financial officer of Apptitude, Inc. He has held various executive positions at Electronics for Imaging and started his career at Price Waterhouse. Mr. Lazar is a certified public accountant and holds a B.S. in commerce with an emphasis in accounting from Santa Clara University.
“We are pleased to add Jack to our board of directors,” said Tyson Tuttle, president and chief executive officer of Silicon Labs. “His experience building Atheros’s business will be particularly valuable as we continue to focus on driving high-quality revenue growth and market leadership.”
Silicon Labs is an industry leader in the innovation of high-performance, analog-intensive, mixed-signal ICs. Developed by a world-class engineering team with unsurpassed expertise in mixed-signal design, Silicon Labs’ diverse portfolio of patented semiconductor solutions offers customers significant advantages in performance, size and power consumption. For more information about Silicon Labs, please visit www.silabs.com.
This press release may contain forward-looking statements based on Silicon Laboratories’ current expectations. These forward-looking statements involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements. For a discussion of factors that could impact Silicon Laboratories' financial results and cause actual results to differ materially from those in the forward-looking statements, please refer to Silicon Laboratories’ filings with the SEC. Silicon Laboratories disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Note to editors: Silicon Laboratories, Silicon Labs and the Silicon Labs logo are trademarks of Silicon Laboratories Inc. All other product names noted herein may be trademarks of their respective holders.


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Picard Surgelés, the French frozen food chain, seeks growth in its home country through franchising. That marks a change in strategy, because up until now the group only operated through its own stores.
Mainly in areas with lower population
Successful tests in the Corsican towns of Bastia and Ajaccio and on the oversees island of La Réunion have prompted this change in strategy for Picard: "To run such a team of franchise stores, we need a capable team and now we have one", president Philippe Dauze said.
So far Picard has focused on densely-populated areas, but it hopes to grow in France's rural areas through franchising. These regions should be able to generate 900 million euro, money that currently goes to companies like Toupargel and Thiriet, which bring frozen foods to the customers's doorstep.
Picard franchise stores will be considerably smaller than the regular stores, at 150 - 200 sqm compared to the habitual 400 sqm, and carry a smaller range of products, but at equal prices. The local managers will even get a say in the store's product range. The company plans on opening 10 to 15 franchise stores this year, slowly building up to 40 stores per year.
Also expand its own network
Picard has 925 stores in France, all owned and managed by the company itself, and it has no intention of stopping there. For 2015, it plans on opening another 20 to 25 stores itself. Its owner, British investment fund Lion Capital, believes France still offers plenty of room for expansion, especially as Picard Surgelés currently "only" has an 18 % market share.
President Dauze also commented firmly on the long-running rumours that the company might be for sale: "We have never confirmed we were for sale and this franchising step is not meant to embellish the company beyond its current appeal."


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Engadget believes this to be the VAIO P. No one can verify or deny this claim because AOL didn’t pay for us to be the ‘official blog of CES’ or whatever it is they are. So, we’re not privy to the hallowed grounds of the LVCC until until the 8th. That double wide trailer would be nice, though.
Weekly Roundup: Uber responds to sexual harassment claim, NASA discovers Earth-like planets| Anna Escher
While tech giants hire, startups fret — Has Brexit Britain become La La Land?| Mike Butcher
World View’s ‘stratollites’ and new spaceport aim to change the business of space| Darrell Etherington
Apple says iOS 10.2.1 has reduced unexpected iPhone 6s shutdown issues by 80%| Matthew Panzarino


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CALL of Duty will be set in World War Two and could allow players to get involved in a shootout on the Rock of Gibraltar.
Sledgehammer Games is preparing to reveal details of the new game tomorrow as Spain and the UK argue about ownership of the Rock.
Co-founder Michael Condrey yesterday posed in front of the iconic natural wonder to tease gamers about the upcoming release.
Few details about the game have been made available, although its setting was leaked earlier this year.
According to Condrey, all will be revealed in a worldwide announcement on Wednesday.
STAR WARS Two galaxies with billions of stars collide in 'biggest explosion since Big Bang'
CORE OF THE PROBLEM? Apple engineer says pressure to design iPhone is reason I’m divorced
LAVA LAND Huge Raikoke volcano eruption captured from space in amazing Nasa image
ET MYSTERY Strange light spotted in Mars image is 'alien signal', UFO-hunters claim
ROCKY HORROR Huge asteroid could hit Earth THIS YEAR and 'flatten area bigger than London'
THE X FACTOR Incredible eBay UK deal nets you an iPhone X for nearly half price
Last month, artwork including a poster and game covers appeared to reveal details of the new shoot ’em up.
Call of Duty’s 2015 release: Infinite Warfare failed to grip the masses, and publisher Activision said that its 2017 released would “take Call of Duty back to its roots”.
And rumours of a historical setting have been rife ever since.
Previous “leaks” suggested that it could be set during the Vietnam War.
We pay for your stories! Do you have a story for The Sun Online news team? Email us at email@example.com or call 0207 782 4368


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China has continuously raised the United States at the World Trade Organization (WTO)
For two consecutive days, China has continuously "raised" the United States at the World Trade Organization (WTO).
Following the WTO's prosecution of the United States' 301 taxation proposals, China has made another move at the WTO. On April 5th, China proposed to the United States under the WTO Dispute Settlement Mechanism the 232 measures for importing steel and aluminum products from the United States. Consultation requests formally initiate the dispute resolution process.
The person in charge of the Treaty and Law Division of the Ministry of Commerce has stated in this connection that the US 232 measure is called “maintaining national security” and is actually implementing trade protectionism. On the one hand, the United States selectively excludes some countries and regions. On the other hand, it imposes tax measures on some WTO members, including China.
Related Industry Knowledge


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Sign in with the same account.
Otto Group sees “significant potential” to grow in Brazil and aims to become the market leader in the country’s online fashion trade within five years by raising sales to $500 million, Hamburger Abendblatt reported today, citing Chief Executive Officer Hans-Otto Schrader.
To contact the reporter on this story: Niklas Magnusson in Hamburg at email@example.com
To contact the editor responsible for this story: Angela Cullen at firstname.lastname@example.org


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The state launched an investigation of the local Goodwill chief’s compensation in 2004.
At the time, Miller made $861,508. He subsequently agreed to a 24 percent pay cut after the state investigation.
Miller’s pay once again is above $850,000.
A 2012 annual report filed with the state shows Miller earned $856,043 last year.
Goodwill General Counsel Bob Barsocchini said the pay is more than merited.
Goodwill Industries of the Columbia Willamette has grown significantly since the 2004 investigation. Revenue is up 107 percent to a record $135.5 million.
The organization has added 13 retail stores and nearly 1,000 jobs since 2004. The number of individuals Goodwill serves increased from 11,694 to 52,170 in 2012.
The organization has little debt and $186.7 million in assets.
Expenses have also decreased as sales have gone up. Management and general expenses combined were less than 5 percent of sales. Barsocchini said 15 percent is an accepted level for nonprofits.
In an email exchange two years ago, Miller said his greatest accomplishment is eliminating the organization’s need for outside funding. Roughly 98 percent of the organization’s revenue comes from its chain of retail stores.
“(Goodwill Industries of the Columbia Willamette) has been the industry leader of nonprofit donated goods retailers for 22 consecutive years under Mr. Miller’s leadership,” Barsocchini said in an e-mail.
Matthew Kish covers footwear, apparel, banking, finance and general assignment news.


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PAWTUCKET, R.I. — Candace Payne, better known as ‘Chewbacca Mom’ now has her own custom action figure created by Hasbro.
Her wildly popular video of her hysterically laughing while wearing Hasbro’s toy Chewbacca mask has gained more than 157 million views on Facebook since she posted it nearly a month ago.
Payne has been showered with gifts and has made numerous appearances around the country to discuss the video in recent weeks.
She was invited to the toymaker’s Rhode Island headquarters last week and presented with an action figure with her head on Chewbacca’s body that comes complete with a removable mini Chewbacca mask.
The toy includes 13 phrases from her video, including her infectious laugh.


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The international PR firm Ogilvy has just released a study prescribing a shift in healthcare marketing from the exploitation of clinical breakthroughs to something Ogilvy calls "sustainability." They're not talking about the sort of sustainability we in healthcare usually mean, such as the sustainability of a health information exchange's business model. Instead, they're suggesting that we start selling green.
Companies with strong environmental competencies will rule the market in the coming years, say the investigators, Jeff Chertack and Monique da Silva. In an op-ed by Chertack, he says that "[the new] value will be delivered by new healthcare products and delivery systems that help society adapt to and thrive in changing climate and disease patterns."
CarePrecise Technology made a move in the past year toward eliminating a large part of its carbon footprint by shifting even our largest file deliveries from physical (DVD disks) to virtual. All new product sales are now 100% virtual, and as subscribers renew, their deliveries will be virtual as well. Not only has the shift reduced fuel and materials consumption, but products are now delivered in less than half the time. In a business where the freshness of data is crucial, every hour counts. CarePrecise's NPI directory unit, NPIdentify, has produced state NPI directories in electronic form only since 2007.
CarePrecise's data center is a shared environment, utilizing hyper-efficient cloud computing resources. Except for certain mission-critical operations performed on in-building platforms, all front-end operations and many back-office computing tasks have been moved to the cloud, dramatically reducing office space utilization and fuel consumption.
Whether the healthcare industry in specific, and the broader business community in general, will effectively turn environmental competencies into profits is still an open question. Certainly, entities like hospitals make huge impacts and consume enormous resources (think about all those disposables and all those sheets washed after 30 minutes of use, pillows, trays and pitchers discarded after each patient...), and spectacular improvements could be made. Vendors who help these organizations green up are offering a new way to compete for patients. The competitive advantage offered by corporate carbon consciousness could be tomorrow's marketing edge for providers and their vendors.


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The award recognises exceptional performance and contributions to supply chain success in 2020 for BAE Systems’ electronic systems sector.
Harmonic Drive was honoured at a virtual ceremony and was selected from the pool of suppliers that worked with BAE Systems in 2020.
“We are delighted to receive this award, we believe this demonstrates our commitment to providing our customer with quality, consistent supply of precision gears and servo actuators to meet the demands of the aviation industry, despite the numerous challenges we faced in 2020,” said Norimitsu Ito, chief executive officer for Harmonic Drive.
BAE Systems’ Partner 2 Win programme is designed to achieve operational excellence and eliminate defects in its supply chain by raising the bar of performance expectations to meet the demand of current and future customers. As part of the program, BAE Systems meets regularly with its suppliers to transfer best practices to ensure that the components and materials that compose BAE Systems products meet the highest quality standards.
“We are proud of the partnership we have with companies like Harmonic Drive SE that delivered the highest quality products on-time, despite the challenges presented by a global pandemic,” said Kim Cadorette, vice president of operations for BAE Systems’ electronic systems sector. “We recognise that our suppliers are critical to our company’s success. We are grateful for this year’s outstanding effort, and we look forward to future collaborations.”


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Shred Those Old Documents Today At Shred-A-Thon
We all have tons of old documents, bills, bank statements that we would like to get rid of, but because they contain personal information, we don’t want to just put them in the trash. The answer? Shred them, and you can do just that this week with help from WCNY-TV 24.
Here are the details from wcny.org:
“WCNY will host a communitywide Shred-A-Thon from 3 to 6 p.m. Thursday, Dec. 13, at its headquarters located at 506 Old Liverpool Road in Liverpool. WCNY staff members will begin shredding efforts earlier in the day as part of their preparations to move to Syracuse’s Near Westside.
The public is invited to bring items to shred as part of this green initiative that can help protect consumers from identity theft. Suggested items to shred include old checkbooks, financial statements, old bills, contracts, manuscripts and personal letters. A $5 donation is suggested.
For more information about the event, please contact WCNY at (315) 453-2424.”


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Apple on Wednesday released the first developer betas of macOS Catalina 10.15.4, iOS 13.4. iPadOS 13.4, watchOS 6.2 and tvOS 13.4, bringing some cool features to its desktop, mobile and smartwatch platforms. The most notable addition to iOS 13.4 is a new ‘CarKey’ API that will make it possible to use the iPhone or the Apple Watch to lock, unlock, and start a car.
Believed to have been first spotted by 9to5Mac, the feature will reportedly make use of an iPhone’s NFC chip to communicate with compatible cars. The report further states that the digital key to authenticate the feature will be stored in the Apple Wallet app on the iPhone, enabling users to share it with someone else in case they needed to use the car.
Interestingly, iPhone users won’t have to authenticate the car-unlocking with Face ID, which means they will be able to use this method to unlock their car even when the battery in their phone is out of juice. However, given that this may have serious security implications, it won’t be a massive surprise if Apple changes that in the final version of the software. Do note that the feature isn’t yet live in iOS 13.4 beta, so it will be interesting to see when that happens.
Another major change in today’s update is that developers will now be able to bundle their Mac and iOS apps as a single purchase, which means users can now buy either version of the app to unlock it across all of Apple’s platforms, provided, of course, the developer will offer you the option. While the feature is believed to be aimed at Mac Catalyst – a macOS Catalina feature that allows developers to easily port their iPad apps to macOS – it can be applied to any Mac app.


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Live pigs became the object of the latest US-Canada trade spat on Friday as Washington slapped tariffs on Canadian hogs, claiming subsidies in Canada harm US livestock farmers. \nThe main US pork association praised the action, but it drew a sharp response from Ottawa and Canadian swine producers, and from a coalition of US groups contending the tariffs will hurt US producers. \nThe preliminary duties, pending a final determination, will range up to 15.01 percent to compensate for "dumping," or selling below fair market value, the Commerce Department said. \nThe Commerce Department acted on a petition from the National Pork Producers Council and several states' farm groups, contending that Canadian farmers have gotten some US$100 million in subsidies in recent years. \nBut some US groups bristled at the claims, saying tariffs will end up hurting many US farmers who import from Canada and then raise young pigs. \nThe duties "are unfair and will hurt hundreds of American farmers who buy Canadian pigs and raise them to market in the US," said John Block, a former US agriculture secretary and spokesman for Pork Trade Action Coalition, which opposes tariffs. \n"These duties are completely unjustified," said Block. "Canadian exports are not hurting the US industry -- they account for only 3.3 percent of the US market. In fact, US pork producers are enjoying record prices and record profits. \n"In addition," he said, "the price of hogs is set by the market -- not by Canadian exporters. The DOC has made a misguided trade policy decision that could wipe out many small farms in the Midwest." \nBut Jon Caspers of the Pork Producers Council said the decision "is compelled by the economic reality of the situation. Canadian hog producers unfairly benefit from huge subsidies that cause overproduction in Canada and allow Canadian producers to sell their hogs in the United States at artificially low prices." \nThe row marked the latest in a series of trade disputes with Canada involving wheat, dairy products, softwood and other other matters. \nLast year, the US imported some 7.4 million swine from Canada, with a value of some 389 million dollars, according to Commerce Department data. \nIn Ottawa, Jim Peterson, Canada's minister of international trade, criticized the move by Washington. \n"Imposing duties on Canadian live swine exports affects all of North America, given that our markets are so integrated," he said. \n"In fact, Canadian hog supplies are essential to the United States position as a leading pork exporter. We disagree with the decision to slap duties on Canadian swine and we will continue to strongly defend our industry as this process moves forward. We have one of the most competitive industries in the world." \nThe Canadian Pork Council said meanwhile it was "very disappointed" with the decision. \n"This is an additional expense for moving hogs into the United States and serves only to erode the free and fair trade that has made the North American hog and pork industry as successful as it is," the group said.
NOT ALL GOOD: Analysts warned that other data for last month might be less rosy due to the virus and analysts expect the PMI to contract again next month Chinese factory activity saw surprise growth last month as businesses went back to work following a lengthy shutdown, but analysts said that the economy faces a challenging recovery as external demand has been devastated by the COVID-19 pandemic, while the World Bank said that growth could screech to a halt. China is slowly returning to life after months of tough restrictions aimed at containing the virus, which put millions of people into virtual house arrest and brought economic activity to a near standstill. The strict measures saw a closely watched gauge of manufacturing plunge to its lowest level on record in February,
The output of the global smartphone industry this year is to contract by 7.8 percent on an annual basis as the COVID-19 pandemic ushers in a global recession, Taipei-based market researcher TrendForce Corp (集邦科技) said in a report on Monday. The global production of smartphones is expected to fall to 1.29 billion units, as the pandemic dampens demand for consumer electronics, leading to a decline in shipments across Europe and North America, TrendForce said. With consumers delaying smartphone purchases and thereby lengthening the device replacement cycle, overall prices would suffer a setback that is expected to negatively affect the profitability of smartphone
ELECTRONICS Lite-On delays sale of unit Lite-On Technology Corp (光寶科技) yesterday said it would postpone the sale of its solid-state drives (SSD) business to Kioxia Holdings Corp, formerly known as Toshiba Memory Holdings Corp, due to disruptions amid the COVID-19 pandemic. Last year, the Taiwan-based electronics components supplier struck the deal with the Japanese firm, agreeing to sell the unit for US$165 million. Citing unfinished integration work due to the pandemic, Lite-On has deferred today’s closing date until further notice, adding that the delay would not have a negative effect on the unit’s operations. AUTO PARTS Hiroca approves dividend Automotive interior parts supplier Hiroca
ALL ABOUT STRATEGY: The company is optimistic, saying that its gross margin should increase year-on-year, but it is scaling back on its plans to expand capacity Quang Viet Enterprise Co (QVE, 廣越), which makes down jackets and garments for sportswear and outdoor brands including Adidas AG, yesterday said that revenue might drop 5 to 10 percent annually this year as some customers trimmed orders in response to the COVID-19 pandemic. That would mark its first revenue decline since 2016. Quang Viet posted record-high revenue of NT$16.26 billion (US$537.45 million) last year, up 22 percent from 2018. Down jackets made up 40 percent of it revenue last year. North Face Inc and Patagonia Inc are this year likely to reduce orders by 20 to 30 percent from a


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Nearly 300,000 Ram 1500 pickup trucks have been recalled, due to a risk that the airbags and seat belts may fail in the event of an accident, increasing the risk of injury to the driver and occupants.
The U.S. National Highway Traffic Safety Administration (NHTSA) announced the Chrysler Ram 1500 recall on June 6, indicating that a software error may cause the airbags and seat belt pretensioners to not work when the vehicle is turned back on.
The impacted vehicles are equipped with an Occupant Restraint Controller (ORC) software, which runs a memory erase process when the vehicle is turned off. According to the recall, an interruption to this process may result in failures of the air bags and seat belt pretentioners, which are controlled by the ORC system.
Fiat Chrysler Automobiles (FCA) first learned of the potential issue on April 8, 2019 when their engineering department notified FCA US Vehicle Safety and Regulatory Compliance (VSRC) of an event causing air bag function failure.
The manufacturer discovered during their investigation that the software may contain a defect that allows the power-down clean up events to corrupt the modules flash memory. The result of this corruption could potentially cause fault codes, illumination of the air bag warning lamp and disabling of the airbags and seat belt pretensioners.
By May 23, FCA concluded their investigation and determined a safety defect requiring a recall was necessary.
The recall includes approximately 295,981 model year 2019 through 2020 Ram 1500 trucks that were manufactured by FCA US LLC from October 31, 2017 through May 21, 2019. The impacted vehicles were distributed across the U.S. to licensed dealers.
Chrysler released they will begin notifying owners of the recall and will provide instructions on how to schedule a free repair at their local dealer, where dealers will be instructed to reprogram or replace the ORC.
The recall is expected to begin on July 20, 2019. Customers with additional questions or concerns regarding the recall may contact Chrysler customer service at 1-800-853-1403 and reference the recall campaign numbers V61 and V71.


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NEW YORK >> Wall Street hit the brakes on its big rally Wednesday following disappointing profit reports from companies and warnings that the market had simply gone too far, too fast.
The S&P 500 slumped 1.5% for its worst loss since beginning a monster-sized rally shortly before Halloween. The Dow Jones Industrial Average dropped 475 points, or 1.3%, from its record high, while the Nasdaq composite sank 1.5%
FedEx tumbled 12.1% for one of the market’s biggest losses after reporting weaker revenue and profit for the latest quarter than analysts expected. It also now expects its revenue for its full fiscal year to fall from year-earlier levels, rather than being roughly flat, because of pressures on demand.
The package delivery company pumps commerce around the world, and its signal for potentially weaker demand could dim the hope that’s fueled Wall Street’s recent rally: that the Federal Reserve can pull off a perfect landing for the economy by slowing it enough to stifle high inflation but not so much that it causes a recession.
Winnebago Industries also fell short of analysts’ profit expectations for the latest quarter. The maker of motorhomes and other recreational products said it sold fewer units than a year earlier because of “market conditions” and had to offer higher discounts. Its stock dropped 5.6%.
General Mills, which sells Progresso soup and Yoplait yogurt, reported stronger profit for the latest quarter than expected, but its revenue fell short as a recovery in its sales volume was slower than expected. The company said a key sales measure may now fall for its full fiscal year because of “a more cautious consumer economic outlook” and other factors. Its stock fell 3.6%.
Still, a pair of reports showed the U.S. economy may be in stronger overall shape than expected. Both confidence among consumers in December and sales of previously occupied homes in November improved more than economists had expected.
Encouraging signs that inflation is cooling globally also continue to pile up. In the United Kingdom, inflation in November unexpectedly slowed to 3.9% from October’s 4.6% rate, reaching its lowest level since 2021.
Easing rises in prices are raising hopes that central banks around the world can pivot in 2024 from their campaigns to hike interest rates sharply, which were meant to get inflation under control. For the Federal Reserve in particular, the general expectation is for its main interest rate to fall by at least 1.50 percentage points in 2024 from its current range of 5.25% to 5.50%, which is its highest level in more than two decades.
Treasury yields have been tumbling since late October on such hopes, and they fell again following the U.K. inflation report.
The yield on the 10-year Treasury dropped to 3.85% from 3.93% late Tuesday. It had been above 5% in October, at its highest level since 2007 and putting harsh downward pressure on the stock market.
Lower interest rates and yields not only help the economy grow by making borrowing less expensive, they also boost prices for investments and relax the pressure on the overall financial system. That has helped the S&P 500 to climb back within 2% of its record set nearly two years ago. Wall Street’s main benchmark index also just came off its seventh straight week of gains, its longest such streak in six years.
“The market pendulum has swung from extreme pessimism less than two months ago to extreme optimism,” said Mark Hackett, chief of investment research at Nationwide.
The strength and length of that rally raised criticism that stocks have simply rallied too much, with several strategists on Wall Street forecasting at least a pause in the short term.
It’s still not certain whether the Fed can pull off what was seen as a nearly impossible tightrope walk for the economy. And critics say the number of cuts to rates that Wall Street is forecasting for 2024 seems unlikely unless the economy falls into a recession, which would hurt corporate profits and thus stock prices.
Some officials from the Federal Reserve have also made recent comments saying it’s too early to consider a cut to rates in March, which is when traders largely expect them to begin, according to data from CME Group.
Wednesday’s losses in the stock market were widespread, and roughly 95% of companies within the S&P 500 dropped. All told, the S&P 500 fell 70.02 points to 4,698.35. The Dow dropped 475.92 to 37,082.00, and the Nasdaq sank 225.28 to 14,777.94.
In stock markets abroad, the FTSE 100 in London rose 1% following the encouraging U.K. inflation report. Indexes also rose across much of Asia, but stocks fell 1% in Shanghai after China kept its benchmark lending rates unchanged at the monthly fixing on Wednesday.


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As the UK gets set for summer, roof systems manufacturer, Marley, is urging all outdoor construction workers to look after both their skin and eyes to reduce the damage caused by increased sun exposure.
Latest figures from IOSH identified 1,700 people in the UK are diagnosed with skin cancers each year as a direct result of occupational exposure to UV radiation. Meaning, outdoor workers, including roofers, are at a greater risk of skin damage from UV rays, including premature ageing and skin cancer.
However, while for many outdoor workers the dangers of increased sun exposure to the skin is well known, it’s not the only organ which is at risk, with eyes also susceptible to damage by UV rays. In fact, more than 99% of UV radiation is absorbed by the front of the eye, which, over long periods of time, can lead to visible ageing around the eye area, cataracts, skin cancer on the eye lids and even vision loss.
To promote sun safety across the construction industry, this year, Marley ‘s annual Safe in the Sun campaign is focus is on encouraging outdoor workers to protect both their skin and eyes from increased exposure to UV rays.
Emily Jane Dix, who is leading the campaign at Marley, said: “Our Safe in the Sun campaign has been running for more than 15 years, and over this time, we have seen roofing contractors take positive steps to help reduce the risk of sun damage on their skin.
“Yet, when it comes to your face, it isn’t only your skin that is at risk from sun damage. After the skin, the organ most susceptible to damage from sunlight is the eye. Which is why this year’s Safe in the Sun campaign will not only continue to build on previous years, but also include an increased focus on how to safely protect the eyes too.”
Gary Walpole, safety, health and environment officer at the National Federation of Roofing Contractors, says: “UV light is one of the many hazards that can damage your eyesight, so it is important to wear protection. A roofer, or other construction worker, wearing safety sunglasses will not only protect their eyes from harmful UV rays, they will also feel more comfortable when working in bright conditions as the glasses will reduce disruptive reflections (glass, light coloured roofing membranes etc). Safety sunglasses with UV 400 protection and the relevant British Standards kitemark or CE mark, can help vision be significantly safer and more pleasant in sunny and bright conditions.”
To help ensure outdoor workers are safe in the sun this summer, Marley has put together the following advice:
Sun safety on site
- Don’t leave exposed skin unprotected. Use sunscreen with an SPF of at least 25 and remember to reapply regularly throughout the day.
- To reduce the amount of suncream needed, consider using long sleeved, lightweight, UV-protective PPE.
- Wear a pair of safety sunglasses with UV protection. Look for a UV 400 rating and check they are certified in line with EN 166 (personal eye protection) and EN 172 (sun glare filters for industrial use).
- As safety sunglasses will only cover part of your face, to prevent skin cancer and ageing, make sure you also apply sunscreen to the rest of your face.
- Make sure you apply suncream, even when it is cloudy – up to 80% of dangerous UV rays can pass through a cloudy sky.


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Technologies and innovations have changed the way businesses and companies are run today.
FIFA is already taking advantage of the power of VR (Virtual Reality) technology to transmit live football matches through various broadcasting media for those who possibly cannot make it to the venue to have a real life effect of the matches.
According to analyst Olman Akhtar, Altimeter report, “the sooner your company is able to understand the language of [VR/AR] and become fluent in what the possibilities are, the faster they are going to be able to react.”
VR, AR or MR can be deployed in business to achieve a massively radical growth. According to the report, the combined market size for augmented reality (AR) and virtual reality (VR) is expected to grow exponentially from about $18 billion in 2018 to $ 215 billion in 2021. With this growing push toward immersive technology, many businesses are questioning how they can utilize it and how it can be implanted into their strategies.
Immersive technology can be used to pitch a project to investors: startups and companies seeking investments from investors can use VR technology during exhibitions. Investors are likely to see the overall masterpiece of what is projected as if in real life. This can go a long way in convincing the investors much further.
Immersive technology can be used to create brand awareness: AR/VR is recommended for companies that are looking to create “buzz” about their products during events, product launches, and ad campaigns.
Immersive technology can be used to train employees: Onboarding of employees is seamless with the VR technology. This is an effective tool in training situations as it provides employees with a close to real life experience to learn their skills. The VR or MR (mixed reality) allows employees to learn by doing rather than by reading, for instance, in training medical practitioners.
Immersive technology can be used to test and learn customer needs and preferences: customer satisfaction is keen and remains a top priority for most businesses. In view of this, the VR, AR or MR allows potential customers to interact with a prototype allowing companies and business owners to have a better insight into consumer preferences.
Immersive technology can be used to build customer trust and confidence in the product: for finished products on sale, like high-end products, potential customers are allowed to see and experience the products for themselves before buying it.
Immersive technology can be used to bring people together: conferences, meetings, talks and even religious gatherings can be held via VR technology among people that are geographically far apart. Families and friends can also reunite with each other.
What do you think?


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Sun to open RFID test center for Wal-Mart suppliers
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Dallas as been picked as the location for a center to be built by Sun Microsystems, Inc., of Santa Clara, to test radio frequency identification -- tiny computer chips that transmit data signals to nearby devices and are envisioned for use in inventory control. The Sun center is to be in compliance with Wal-Mart standards, a spokesman says.
There was no information immediately available about the specifics of the test center.
"The impact of Wal-Mart's Radio Frequency ID (RFID) mandate to its suppliers is enormous and will change the way manufacturers and suppliers track inventory," says Jonathan Schwartz, executive vice president of Sun software. "RFID is a 'game changer' for retailers, manufacturers and pharmaceutical companies to name just a few of the impacted industries."
Wal-Mart's Jan. 1, 2005 deadline is the first step in the world's largest retailer gearing up to implement RFID in its inventory-management system across all of its stores. Wal-Mart will use the Electronic Product Code compliant RFID technology for identifying, tracking and tracing deliveries and inventory. Wal-Mart's hundreds of suppliers must take action now to ensure they will remain on the shelves of the retail giant.
Sun does not make RFID chips nor their scanners, but does sell standards-based RFID middleware software based on its Java Enterprise System, a spokesman says.
The test center in Dallas is expected to be open to Wal-Mart suppliers by next month.
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American telecom provider Dish is repositioning its 5G network to the world’s number one Amazon cloud.
Dish’s first local computer network will be established in the third quarter of this year Live in las vegas. That will be the cloud-based 5G Open Radio Access Network (O-RAN). RAN represents a development among manufacturers, and these manufacturers must reduce supplier lock-in by using more open standards.
Dish, which was originally a satellite company, mainly uses AWS Local area on Outpost. Specifically, this means that AWS cloud servers will be delivered to telecom providers on site. For 5G, the cloud is now larger than 4G networks. The biggest user of the new generation of data networks is not people, but machines. A fast network centered on the Internet of Things will generate and transmit large amounts of data, and data owners will bring it to the cloud for processing as soon as possible.
For current 4G products, 5G builders use the T-Mobile network.
According to the Financial Times Also Google and Microsoft allocate on the fly.
photo: David Abercrombie (Cc)


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No. PR- 253
March 11, 2021
India & Bangladesh is at the Peak of Engagement
India and Bangladesh are at the peak of engagement and we are working on improving the connectivity between the nations which will help to increase the bilateral trade mentioned Dr. Pramyesh Basall, Commercial Representative, High Commission of India, Bangladesh in the inaugural session of Bangladesh PrintPack International Expo 2021 organized by PHD Chamber of Commerce and Industry.
Dr. Pramyesh Basall mentioned that 2021 is a special year for India and Bangladesh as its 50 years of liberation of Bangladesh and 50 years establishment of diplomatic relations between India and Bangladesh.
He discussed that among south Asia, India and Bangladesh are one of the largest trade partners, the connection at the level of senior dignitaries is optimistic.
Dr. Basall emphasized that companies from India and Bangladesh should come together and work towards collaboration with each other. We can trade with each other as well as we can trade with third countries also.
Mr. Mohammad Mahfuzul, CEO, Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) discussed the present and prospects of packaging in India and Bangladesh, mentioned that collaboration in the printing and packaging sector between both the countries will be beneficial for industries in both the nations.
Mr. Prem Anveshi, Managing Director, Futurex Trade Fair & Events Pvt. Ltd mentioned that India and Bangladesh have been sharing a deep-rooted history, mature relationship with each other. He further mentioned that with the new leadership of India we have realized that there an important role India can play for its neighbors for their progress and development.
Mr. Naveen Sardana, Chair, International Affairs Committee for South Asia, PHD Chamber of Commerce and Industry discussed the close historical, civilization, and cultural ties shared between India and Bangladesh mentioned that it is a major pillar of India’s neighborhood first policy. He also mentioned Bangladesh is India’s biggest trade partner in South Asia, bilateral trade between India and Bangladesh has grown steadily over the decade. Cooperating in power sectors has become one of the hallmarks of India and Bangladesh relations. Bangladesh is India’s biggest development partner.
Talking about the packaging industry, he deliberated that packaging is a high growth industry in India and is developing at a fast rate making India a preferred hub for the packaging industry. It’s a pivotal sector, driving technology and innovation growth in the country adding value to the various manufacturing sectors including agriculture, FMCG, and many more.
The session was moderated by Mr. Rakesh Kumar Sangrai, Secretary, PHD Chamber of Commerce and Industry, and was attended by many industry stalwarts around the world.
PHD Chamber of Commerce and Industry


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Join the HVA at this inaugural automotive heritage exhibit at the National Mall in Washington D.C. The HVA will celebrate the 50th anniversary of the original 1964 Meyers Manx “Old Red”, the world’s first-ever fiberglass dune buggy created by California artist, sailor, surfer and engineer Bruce Meyers.
Come see this rare and iconic vehicle on display in the HVA tent and watch as 10 other historic vehicles are documented into the Historic American Engineering Record (HAER) and National Historic Vehicle Register. Join us for coffee, cars and fun at a weekend you won’t forget and be among the first to experience automobiles at the National Mall.
The Historic Vehicle Association is developing a National Historic Vehicle Register to carefully and accurately document America’s most historically significant automobiles, motorcycles, trucks and commercial vehicles.
In March 2013, the HVA entered into a collaboration with the U.S. Department of the Interior to explore how vehicles important in American and automotive history could be effectively documented and recognized. This project is the first of its type to create a permanent archive of significant historic automobiles within the Library of Congress.
Over the past 120 years, the automobile has had a profound impact on the development of virtually every aspect of modern culture. Yet to date, there has never been a National, organized effort to preserve and promote the cultural and historic significance of the automobile.
The Historic Vehicle Association (HVA) was founded to preserve and celebrate our National automotive heritage.
One of the earliest American automobiles ever built
The prototype “Tin Goose” used to promote the new automobile company
The only known surviving example of this Washington, D.C. based automobile company
The 1953 NASCAR Champion known as the “Fabulous Hudson Hornet”
The Official Wilson White House limousine, gifted to him after his presidency
The last of the Avanti production, manufactured by Studebaker
Among the most well-preserved and unrestored early Duesenbergs
The last U.S. road certified electric powered automobile
Among the most innovative designs of the period
One of two gold-plated versions produced for an American Express promotional sale
In January 2014, the first vehicle ever recorded in the National Registry was unveiled at the Washington Auto Show. The 1964 Shelby Cobra Daytona Coupe was unveiled by Peter Brock, the car’s original designer.
On May 3rd, 2014, the HVA will unveil the second vehicle, a 1964 Meyers Manx named “Old Red”, on the 50th anniversary of its production. 10 additional automobiles will be on display and the documentation process will begin onsite at Cars at the Capital for the public to see.
Register to receive updates about Cars at the Capital, the HVA, and our progress as we document the first 50 vehicles into the National Historic Vehicle Register!


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CHRISTMAS is under way for Lothian Buses after its Grotto Bus hit the road across the Capital.
The bus will be handing out presents at secret locations to be announced on the company’s Twitter feed, as a way of saying thank you to customers for their support.
The first five people at each location will receive a week’s free bus travel, with day tickets, model buses, jigsaws and chocolate among the other handouts.
Yesterday, 20 families who receive support from Lothian Autistic Society were taken on an adventure around the city centre’s festive lights display by the bus, with Santa on board to give out gifts
Ian Craig, managing director of Lothian Buses, said: “Lothian Buses would be nothing without the support and loyalty of our customers. We are delighted to give them something back.”


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WASHINGTON — The Biden administration on Tuesday outlined plans to boost research into the type of advanced microchips needed to power computers, cars and other devices, saying it would create a new national organization with locations in different parts of the United States. United States.
The Department of Commerce, which is responsible for the government’s efforts to revitalize the U.S. chip industry, said the new National Semiconductor Technology Center would bring companies, universities and others together to collaborate on next-generation chip technology. The organization would include a series of research centers, the location of which has yet to be chosen, and aims to be operational by the end of this year.
The organization would help “regain America’s leadership in research and development and technologies of the future, and, more importantly, ensure that we stay there for decades to come,” Gina Raimondo, the Secretary of Commerce, said Monday in a briefing.
“It’s a place where industry and academia and startups and investors can come together to solve the biggest, biggest challenges and set priorities,” she added.
The plans are part of the Biden administration’s effort to revive semiconductor manufacturing and ensure the United States has a steady supply of chips needed to power its factories and support its national defense. to support. The Department of Commerce is tasked with doling out $50 billion to revitalize the industry, $11 billion of which is earmarked for research and development.
The technology center is expected to be central to that effort. Some sites would allow end-to-end production of new chip designs, while others would focus on experimenting with new materials and equipment, or new ways to assemble chips to make them more powerful, Ms. Raimondo said.
Laurie Giandomenico, the vice president and chief acceleration officer of MITER, a nonprofit that operates federally funded research centers, called the $11 billion investment by the United States “quite significant” given that the semiconductor industry has made about $70 billion in recent years. spent on research and development worldwide.
The challenge, she said, would be to ensure that the money was spent encouraging collaborative research to solve the industry’s biggest problems, and not the “silo innovation” now being carried out by chip makers who carefully protect their creations from competitors.
“It should be in areas that no company can solve alone,” she said.
Businesses, universities, legislators and local governments lobbied the administration to set up an outpost of the new organization in their areas. Senator Chuck Schumer, the Majority Leader and an author of the legislation that funded the semiconductor investment, said in a statement Tuesday that he was pushing for Albany, NY, to be a location for the new organization.
“Albany is poised to serve as a leading innovation center of the NSTC,” he said.
In the briefing, Ms. Raimondo stressed that the organization would be an independent “trusted” player, with board members appointed by a separate selection committee and strict controls for intellectual property protection.
One of the organization’s main goals, Ms. Raimondo said, would be to make it easier and cheaper for start-ups and other entrants to develop and commercialize new chip technologies.
“We want to cut the projected cost of moving a new chip from concept to commercialization in half in the next decade by half,” she said.
Chris Miller, the author of “Chip War,” which chronicles the industry’s development, said it was relatively easy for a researcher to develop a new idea for a chip in a lab. But given the high cost of manufacturing chips, researchers may find it difficult to get their inventions manufactured.
Analysts say designing an advanced chip, which could contain tens of billions of transistors, could cost hundreds of millions of dollars. The newest systems for defining the smallest circuits on wafers cost more than $100 million each, while the new factories called “fabs” that make advanced chips could cost $10 billion to $20 billion.
“The big factories are interested in producing 100 million chips for an iPhone, not 10 chips for an MIT professor,” Miller said.
Venture capitalists also often shy away from investing in chip start-ups because they require more initial funding than other types of technology companies and have more time to recoup that investment.
To address some of these issues, the government’s technology center will set up an investment fund to support start-ups and provide production facilities for small players to experiment with new technologies.
“I see a world where the US can actually revive this microelectronics industry because we can reduce the cost of starting a chip by a factor of five to a factor of 10,” said Gilman Louie, a technology investor. and CEO of a nonprofit investment organization called America’s Frontier Fund.
The center’s research priorities are expected to be refined in the coming months. But the Department of Commerce specified several areas it would focus on, including advancing the technology for analyzing the microscopic components of chips and setting technical standards for new types of chip packaging.
As progress slows in squeezing smaller and smaller transistors onto each piece of silicon, many companies are now breaking large products into smaller “chiplets” that are placed side by side or stacked on top of each other.
The Department of Commerce said setting new standards for these practices would pave the way for creating marketplaces for companies to assemble new products using chiplets from multiple suppliers.


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The number of first quarter consumer debt judgements fell 16 per cent year-on-year, according to new figures released today by the Registry Trust.
The Registry Trust is the non-profit organisation that collects judgement information from jurisdictions across the United Kingdom and Ireland.
In total, there were 919 judgements registered against consumers in the first three months of 2014, down from 1,094 during the same quarter last year and 70 per cent lower than the 3,041 recording during the period in 2010.
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Many fans argue that Rockstar isn’t putting abundant effort into delivering back “Red Dead online’s” former glory, and its current weekly updates for the title aren’t useful to that.
‘Red Dead Redemption Online’: Latest Update Anger Fans
Red Dead Online
Rockstar Games’ latest tweet talked about the new weekly update for “Red Dead Online,” specializing in the newest content for gamers frequently. However, rather than one thing that updated the gamers for the new content, it became a ground for them to throw shade against Rockstar as they’re not happy with the new feature.Rockstar newswire
There was a user that tweeted to Rockstar Games back to the update, voice communication in an exceedingly disrespectful tone that Rockstar did a “great job” and it’s enough to “revive the sport.”
Another user went as way as voice communication that Rockstar ought to have simply told its fans that the franchise is dying and therefore the developer’s area unit did supporting the sport rather than their recent unleash.Rockstar newswire
Rockstar Newswire Games’s ‘Red Dead Online’ Development
The latest unleash from Rockstar’s “Red Dead Online” focuses on the Bounty Hunters Bonuses that impose a brand new challenge for the week.
The Bounty searching series is offered for the complete month and not solely the week. However, it ought to be noted sure components here are unit solely on the market for seven days till the developer’s new content for next week.
‘Red Dead Redemption 2’ and RDO
Several years agone, once fans remark “Red Dead Redemption’s” recreation franchise, they remark a vast title that has varied offers for its fans and enthusiasts. the height of “Red Dead Redemption 2” targeted giving several updates for its online version and it gave gamers the keenness to play the title and make their story.
Despite the sport being discharged in October 2018, the sport has continued development via its weekly updates from Rockstar Games. However, no sequel is coming back from Rockstar as of press time, and therefore the company is understood for its tightly knit production, as seen with “GTA VI.”
Rockstar Games sure created this latest update one thing that got the fan’s attention, despite it being dissatisfactory unleash for its current gamers that also play each day.
However, it would be one thing that gets Rockstar’s attention for an improved unleash within the future, or it would keep similar, as “Red Dead Redemption 2” and “Red Dead Online” aren’t beneath regular development any longer.


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Abramis unveils new product showroom at media breakfast
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Top Polish fishing tackle supplier Abramis, owner of the Mikado brand, unveiled its new product showroom at a special media breakfast held at its headquarters in Lomianki, on the outskirts of Warsaw, earlier this month.
Hosted by its owners, Board President Wojciech Kurowicki and Vice President Andrzej Maślak, representatives of the Polish and international press were also treated to a presentation of the company’s new products for 2020 and the launch of its latest catalogue.
Kurowicki said that the new product showroom not only represented an opportunity to see its latest items on display – all grouped together according to the fishing disciplines – but a real chance to see the entire and very wide range of products offered by Mikado. “We have created the face of Mikado in a room that shows off the entire Mikado brand, built around our 30 years of experience in the business,” he added.
Mikado turned 30 this year and during that period it has embedded itself in the minds of anglers both at home and abroad. “Our offer includes many items that have a legendary status within the industry and won many prestigious awards. However, we are not resting on our laurels and are constantly working on improvement and new product development,” added Kurowicki.
The success of the brand is underpinned by its constant contact with anglers and its 60-strong group of product testers from Poland and beyond which makes up the Mikado Fishing Team. “Their knowledge and experience are particularly important for us as it ensures that we are moving in the right direction,” said Kurowicki.
Agata Wiśniewska, the company’s Marketing Director, added: “The Mikado Fishing Team is a group of passionate people who create modern fishing. They are the face of the company and provide us with all the feedback from a constantly shifting angling world. It is a really important element of our company’s growth.”
Mikado says that one of its top releases for next year will be the Dream Line series which consists of eight versions: Ice, Spinning, Method Feeder, Feeder, Classic, Match, Carp, Surf, and two braids – a four-carrier Ultralight and eight-carrier Competition. The wide array comes in various spools, diameters, colours and types.
“We put a lot of time and effort into the Dream Line series,” said Kamil Czermiǹski, Head of the Product Department. “We aimed to create a product that would meet the expectations of the most demanding of anglers. I believe what we have achieved will not disappoint, but will also positively surprise everyone.”
Next season new versions of many Mikado classics will be introduced. These include the Inazuma Pro rod that has been given a total makeover and even better components. Also, the family of Lexus Sapphire rods has been increased with the addition of the LX Sapphire Fazlite for perch anglers.
For carp anglers there will be the debut of the new M-ka reel. After hitting the headlines with the top quality, minimalistic rod from the series, Mikado has created a ‘big pit’ reel that offers equally ‘amazing’ specifications and a sophisticated look.
Accessories have not been forgotten either with the launch of the watertight Big Box that features magnetic latches and a basket-type seatbox with a deck and revolving chair.
Mikado keeps growing and constantly works to diversify its offer. Last year the company became the distributor of two major brands – Garmin and Black King Kong (BKK). “Cooperation with other brands not only enriches our offer technologically, but also provides our customers with new possibilities,” said Maślak.
Sales Director Marcin Gruszczyǹski added: “Our cooperation with BKK and Garmin has been warmly welcomed by our customers and as anglers ourselves, we can appreciate the quality of those products. That is why we have expanded our range with new products from the brands.”


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Me Oh My pie shop moving to new location
A popular Laporte pit stop is moving down the road.
Me Oh My Coffee & Pie has operated out of a converted gas station at 3522 W. County Road 54G near the Poudre River Trail for the past four years.
The bakery and breakfast spot is planning to move to its new space, the old Sol’s Long Branch Lounge bar, on Aug. 1. The new space, at 3310 County Road 54G, is about three times bigger.
“I’ll miss this space. It has a special charm to it,” said Me Oh My founder Caitlin Philp. “But we outgrew this space a couple years ago.”
Me Oh My, known for its Instagram-friendly homemade pies, is planning to expand its menu in the new space.
The operation will add a liquor license, an outdoor patio, a kids zone and a retail space that also includes local crafts and vegetables available for purchase. Philp plans to hire additional staff to the current 10-person team.
The new location has been in the works for the past two years.
“The bigger space really excites me,” Philp said. “There’s more room to hang out, meet and talk. For me, it’s all about that sense of community.”
Philp started Me Oh My — the bakery is named after Bob Dylan lyrics — as a side project out of a Gib’s bagels in 2012. The Poudre High School and Colorado State University graduate had grown up baking often with her mother and aunts.
The operation blossomed after it moved to the Laporte location.
Me Oh My also sells wholesale to various restaurants and coffee shops. The bakery that produces several hundred pies a week also sells products on Saturday mornings at the Larimer County Farmers Market.
The cafe features coffees and teas. In addition to pie, also served are pot pies, breakfast burritos, quiches, biscuits, bagels, soups, sandwiches, cookies, scones, muffins and coffee cakes.
Me Oh My is open daily from 6 a.m. to 5 p.m. weekdays and from 7 a.m. to 5 p.m. every Saturday and Sunday.
Follow Jacob Laxen on Twitter and Instagram @jacoblaxen