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The projects featured in the '100' article can serve as a roadmap for supply chain executives looking for new opportunities to drive improvement in their own operations.
Marietta, GA (PRWEB) July 11, 2013
Blue Ridge announced today that it has been selected by Supply & Demand Chain, Executive magazine as a 2013 “Supply & Demand Chain Executive 100” award winner. In the 11th annual listing, Supply & Demand Chain Executive recognized Blue Ridge for driving significant bottom-line results by implementing the company’s SaaS demand forecasting, replenishment and analytics solutions at Swedish retailer Procurator.
Procurator, omni-channel retailer of industrial safety supplies, sought a more precise solution to predict the influence of their demand-shaping activities and to ensure inventory was positioned where the company drove demand. Less than a year after implementing the Blue Ridge demand forecasting, replenishment and analytics solutions, Procurator increased in-stock performance from 89 percent to 97 percent, cut inventory by a total of 25 percent, and more than doubled inventory to 6.5.
Each summer, Supply & Demand Chain Executive awards 100 businesses that exhibit success in driving efficiency improvements and bottom-line value across their customer’s supply chains. Selected from a multitude of applicants, judges gathered information on supply chain projects through an online submission process. “Our goal with this year's ‘100’ is to put the spotlight on successful and innovative transformation projects that deliver bottom-line value to small, medium and large enterprises across the different functions that comprise the supply chain,” stated Barry Hochfelder, Editor at Supply and Demand Chain Executive Magazine. “The projects featured in the '100' article can serve as a roadmap for supply chain executives looking for new opportunities to drive improvement in their own operations.”
Blue Ridge was privileged to win the award for rapidly addressing the needs of Procurator’s omni-channel, retail supply chain. “This year’s competition reflects the need for solutions that can tackle growing complexity in today’s supply chains,” stated Greg White, CEO of Blue Ridge. “We are thrilled at the success Procurator has achieved, and this award represents an honor for both the team at Procurator as well as our own.”
About Blue Ridge
Blue Ridge leads the way in enterprise-class Software-as-a-Service supply chain solutions. Blue Ridge solutions and services turn inventory investments into cash flow and revenue generation opportunities. The company’s robust cloud-based solutions deliver a tightly-integrated, yet flexible architecture for demand analytics, forecasting, planning, replenishment, SKU rationalization and other demand-driven optimization solutions to provide a sound foundation on which companies can solidify and enhance their supply chain initiatives. To find out why global supply chain leaders such as CVS, Home Hardware, Burris Logistics, CRP Industries, Europris, K. Ekrheim, Martin Brothers and Procurator trust Blue Ridge’s unmatched solutions and expertise as their inventory alignment partner, visit http://www.blueridgeinventory.com.
About Supply & Demand Chain Executive
For over 10 years Supply & Demand Chain Executive (SDCE) has been the only magazine in the Supply Chain industry covering the entire global supply chain that focuses on ROI, professional development and change management, all in a solutions-based format. As a C-level and line-of-business executive, you can depend on our mission-critical editorial to solve your supply chain challenges. Supply & Demand Chain Executive is THE user manual for successful supply and demand chain transformation. We help you gain competitive advantage in this complex world through hard-hitting analysis, viewpoints and unbiased case studies.


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Thursday, September 14, 2023
Stig Asmussen, Game Director on the latest Star Wars Jedi games and God of War series, is set to depart developer Respawn Entertainment and EA to “pursue other adventures”.
“After careful thought and consideration, Stig Asmussen has decided to leave Respawn to pursue other adventures, and we wish him the best of luck,” an EA representative said in a statement. "Veteran Respawn leaders will be stepping up to guide the team as they continue their work on Star Wars Jedi: Survivor."
As reported by Bloomberg, it's now yet known what's next for Asmussen, although it goes without saying that he won't be working on the planned third entry in what he'd envisaged as a Star Wars Jedi trilogy. Presumably, the third Star Wars Jedi game will still go ahead as planned, but with someone else in Asmussen's role.
Friday, September 15, 2023 @ 01:46 AM

domain: news


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While working on our story about the beer distributors giving money to an anti-Prop 19 group, I sent out requests for quotes to several organizations and individuals. One of the organizations I contacted was The California Police Chiefs Association, who gave the same group some $30,000.
I asked The CPCA their reaction to the beer distributors giving $10,000 to the same organization, and here is the response from Leslie McGill, Executive director of the association:
This is a public safety issue.
California leaders, transportation companies, businesses, local governments and law enforcement from throughout CA are opposing this poorly written initiative because it sets no regulations, no state oversight and does not collect one dime in state tax revenue.
Alcohol is regulated statewide by the ABC, whereas Prop 19 would leave it up to an unmanageable patchwork of 536 different jurisdictional entities to try and “regulate” and “control” marijuana.
The state has set standards on what constitutes DUI of alcohol but this measure omits any definition of what constitutes DUI of marijuana.
You might also consider that the Beer and Beverage distributors own and operate large vehicle fleets that are based, licensed and travel across the state. As such, I’m sure they feel a great responsibility to ensure their workers and drivers are safe.
I would think they would no more support allowing their drivers to drink beer before getting behind the wheel of their trucks or vans, than they would support them smoking marijuana before getting behind the same wheel.
Let’s be serious for a moment. If the beer companies were worried about public safety they wouldn’t sell a product that leads to so much death, misery, and violence. Cannabis is safer in every way than alcohol, including on the roadways.
As far as regulations, I agree that set criteria need to be established when it comes to what constitutes a DUI, for the safety of everyone, including the accused. And a state tax will come shortly after Prop 19’s passage; any casual observer of governments in action knows that.
And finally, let’s dismiss this notion that beer companies oppose Prop 19 because “it sets no regulations, no state oversight and does not collect one dime in state tax revenue.” They could care less; they want to protect their intoxicated and dying customers from the safer alternative of marijuana.
People die everyday from alcohol. Those aligned with the beer companies must take some responsibility for that.


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New York, NY (PRWEB) October 02, 2014
SheKnows Media, a leading women’s lifestyle media platform with 43 million unique visitors per month (comScore, Multiplatform 2014), announced that it will host a panel titled "Fem-vertising: Women Demand More From Brands As Their Piece of the Purchasing Pie Grows" at Advertising Week XI on October 2, from 9-9:50 a.m. at The Liberty Theater.
Samantha Skey, SheKnows Media’s Chief Marketing Officer, will moderate today’s panel, which explores how brands are increasingly building gender-equality messages and images into ads that target women. Skey will be joined by the following prestigious group of panelists:
- Lauren Greenfield, Director of the #LikeAGirl ad for Always
- Kathy O’Brien, Vice President of Marketing Services and Skin for Unilever and instrumental in developing self-esteem programming for girls as part of Dove’s Campaign for Real Beauty
- Jessica Bennett, Journalist and Contributing Editor at LeanIn.org, and Pamela Grossman, Director of Visual Trends at Getty Images, who together spearheaded Getty Images’ new Lean In Collection
- Katie Ford, President of Starcom MediaVest
“It is SheKnows Media’s mission to truly understand women – whether that is by providing inspiring, amusing or informative content they want to share, or through propriety research that enables the brands who advertise with us to better connect with this increasingly important consumer group,” Skey said. “Women currently comprise a $14 trillion market and their purchasing power is expected to grow significantly over the coming years. As advertiser focus has swung profoundly towards women, so too has the subject matter reflected in ads.”
SheKnows Launches Hatch
SheKnows Media conducted a Fem-vertising survey in late September 2014 to support themes that will be discussed in its Advertising Week XI panel. Of the 600-plus women who responded to the survey, 91% believe how women are portrayed in advertising has a direct impact on girls’ self-esteem.
This telling statistic validates SheKnows Media’s launch of its new Hatch program at Advertising Week XI. Hatch, which began as an idea in early Spring, led to an insightful two-week digital storytelling and media literacy workshop for teen and tween girls in August 2014. Described as “content for grown-ups, made by kids on a mission,” the program is multi-faceted, comprising both educational components for kids and parents, as well as advertising offerings for brands. Ultimately, Hatch empowers kids ages 7-16 to use media and technology to produce content that is responsible and expresses their unique points of view in productive and positive ways.
“Generation STEM has grown up as digital natives and have never known life without the Internet and mobile devices,” Skey said. “Hatch was launched to give parents the resources to facilitate discussions on topical issues such as Internet safety and social media’s impact on self-esteem. What’s unique about Hatch is that we’re also educating kids on consuming media and they bring that critical lens to the content they create. We are very excited to officially launch this program during our Fem-vertising panel at Advertising Week XI.”
SheKnows Femvertising Survey Results
Other insightful findings from SheKnows Media’s new Femvertising survey include:
- 51% of women like pro-female ads because they believe they break down gender-equality barriers.
- 81% said ads that positively portray women are important for younger generations to see.
- 71% of respondents think brands should be responsible for using advertising to promote positive messages to women and girls.
- 62% think any brand can enter the pro-female advertising space.
- 94% believe portraying women as sex symbols in advertisements is harmful.
- Just over half of those who responded said they have bought a product because they liked how the brand and their advertising portrays women.
- 46% have followed a brand in social media because they like what the company stands for.
Commenting on results from a new SheKnows survey that polled women on how they felt about the way females are portrayed in advertising, Skey added, “What I find most interesting and heartening is that the pro-female advertising movement does not go unnoticed by consumers – even the youngest among us. I look forward to discussing our survey results and how brands are considering new, improved angles to engage women with such an amazing group of panelists at Advertising Week XI.”
For more information about SheKnows Media’s panel at Advertising Week XI or the Fem-vertising survey, please email marketing(at)sheknows(dot)com. To learn more about Hatch, visit http://corporate.sheknows.com/hatch or email Hatch(at)sheknows(dot)com.
SheKnows Media is an award-winning women’s lifestyle media platform and family of top lifestyle sites representing a network of more than 43 million unique visitors per month (comScore, Multiplatform 2014). The SheKnows Media sites range from entertainment and parenting to beauty and food. Our mission is to connect women’s interests in real-time and in real voices, celebrating the everyday “experts among us.” We enable brands to distribute authentic content and integrated advertising at scale to influence preferences and drive purchases. SheKnows is headquartered in Scottsdale, Arizona, with offices in New York, Los Angeles and Chicago. The company also operates internationally, with sites in Canada, Australia and the United Kingdom.


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Banks in Turkey have commenced execution proceedings about 724 thousand 831 people, who can’t afford to pay their consumer loans and/or credit card debts, within the first five months this year, according to an economic report prepared by the parliamentary main opposition Republican People’s Party (CHP).
Credits taken legal proceedings due to non-payment of the debts have become 117.2 billion Turkish Lira [$20,538] by July 12, 2019, with an increase 23.1 billion Turkish Lira [$4,048].
The report also indicates that consumer loans and credit card debts of the consumers to banks and consumer financing companies became 524,7 billion Turkish Lira [$91,942] by increasing 6.5 billion Turkish Lira [$1,139] between January 1 and July 12, 2019.
414.4 billion Turkish Lira [$72,613] of this debt comes from consumer loans, while 110.3 billion Turkish Lira [$19,327] of it is due to credit cards.
According to the report, the consumer loan and/or credit card debts of people taken legal proceedings against non-payment of debts increased by 2.2 billion Turkish Lira [$385,483] and became 20.9 billion Turkish Lira [$3,663] by July 12, 2019.
‘ONE OUT OF EVERY 3 CITIZENS IN TURKEY HAS AN EXECUTION FILE FOR DEBTS’
In July, CHP Deputy Ömer Fethi Gürer tabled a parliamentary motion regarding the number of execution and insolvency files in Turkey’ with the request to be responded by the Ministry of Justice.
According to information given by Abdülhamit Gül, the Minister of Justice, 1 out of every 3 citizens in Turkey has an execution file for their debts.
Gül stated in his response to the parliamentary question tabled by the CHP Deputy that credit card debts to the banks in Turkey exceeded 2.7 trillion Turkish Lira [$473,158], while consumer loans and credit card debts become 20.9 billion Turkish Lira [$3,663], as indicated in the recent economic report prepared by the parliamentary main opposition.
It is also known that 5 million university graduates have been deep in debt in Turkey.
CHP Deputy Gürer said that despite the quick facts given to the parliamentary question, the Ministry did not answer his important questions on the grounds that "the requested details cannot be provided".


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Legislation to force Big Tech to pay publishers for online news headed to Senate
(MSN) – Proposed legislation to force Big Tech to pay publishers for aggregating news content online is headed for the Senate after the Judiciary Committee approved a revised amendment addressing censorship concerns Thursday.
The Journalism Competition and Preservation Act would temporarily exempt newspapers, broadcasters and other publishers from antitrust laws to collectively negotiate an annual fee from Google and Meta/Facebook, which dominate the nearly $250 billion U.S. digital advertising market.
Proponents say it will boost struggling news organizations and level the playing field with Big Tech, while critics question whether local journalism or large media companies will be the true beneficiaries of the bill.
The post Legislation to force Big Tech to pay publishers for online news headed to Senate appeared first on WND.


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As Intel is set to release the development kits for its Thunderbolt technology in the third quarter of 2011, the technology may “greatly affect” USB 3.0, says “DigiTimes” (http://macte.ch/Hk0Vy), quoting unnamed “PC players.”
Although Intel has emphasized that the two technologies will co-exist, and said will still have its next-generation chipset to support USB 3.0 natively, those sources believe Intel’s strategy of adopting both technologies into its next generation products is to minimize the risks of placing all the eggs into one basket. The sources told “DigiTimes” that the USB 3.0 technology seems like it will become a transitional product with Thunderbolt to become the finalized next-generation transmission technology.
Thunderbolt is a new high-speed computer connection technology that brings together high-speed data transfer and high-definition (HD) display on to a single cable. And it’s already appearing on Macs — in the revamped MacBook Pro line announced in February.
Running at 10Gbps, Thunderbolt technology can transfer a full-length HD movie in less than 30 seconds, according to Mooly Eden, general manager, PC Client Group, Intel. This Intel-developed technology is coming to market through a technical collaboration with Apple.
The vision for Thunderbolt technology (formerly codenamed “Light Peak”) is to move media faster, simplify connections between devices, and foster new and exciting ways to build and use computers, says Eden. Combining high-speed data and HD video connections together onto a single cable is instrumental to achieving that vision. Thunderbolt technology delivers this via two communications methods, or protocols — PCI Express for data transfer and DisplayPort for displays.
PCI Express has the flexibility to connect to almost any type of device, and DisplayPort can drive greater than 1080p resolution displays and up to eight channels of audio simultaneously. Thunderbolt technology is compatible with existing DisplayPort displays and adapters. All Thunderbolt technology devices share a common connector, and let individuals simply daisy-chain their devices one after another, connected by electrical or optical cables.
Thunderbolt technology is designed to meet the demands of serious HD media creators, says Eden. For example, videographers can unleash their creativity using high-bandwidth audio and video capture/mixing devices, and get both low latency and highly-accurate time synchronization for real-time processing.


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Transporters’ body, Auto News, ET Auto
The shortage of fuel in the country is likely to disrupt supply chains across all sectors of the economy according to the All India Motor Transport Congress (AIMTC).
“We have been reported by our members regarding the short supply of diesel at pumps in various states like Madhya Pradesh, Rajasthan, Maharashtra, and Karnataka,” an AIMTC statement said.
According to the transporters body, this could lead to a chaos as fuel shortage will disrupt the supply chains of manufacturing units and retails outlets. “The situation will surely get aggravated especially in villages and remote areas of the country where only source of delivery mode is trucks,” the statement added.
Reports of fuel shortages across the country have been coming from across the country after private sector refiners curbed domestic supplies citing unprofitability at present local prices. Public sector undertaking companies on the other hand maintain that fuel supplies are absolutely normal and that there is adequate product availability.
The Oil Ministry too denied reports of any shortages, but on Friday extended the Universal Service Obligation (USO) to all retail outlets, including those in remote rural areas. An official statement said that these USO include maintaining supplies of petrol and diesel throughout the specified working hours and of specified quality and quantity.
“This has been done with an objective to ensure higher level of customer services in the market and to ensure that adherence to the USO forms a part of the market discipline,” the oil ministry said.
According to the AITMC, there is a concern among the transport operators as without fuel they could get stuck in the middle of the journey and fail the delivery timelines.
“Though the government is assuring of sufficient supplies but the ground realty is quite different,” the AITMC statement added.


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Beijing-based start-up Horizon Robotics claims it is on track to bring chips with built-in artificial intelligence (AI) technology to the market.
Founded in Beijing last July, Horizon Robotics is developing chips and software attempting to mimic the human brain solving abstract tasks.
“General processors are too slow for AI functions,” said chief executive officer Yu Kai.
“A dedicated chip will dramatically increase the speed of these functions.”
Yu said that the introduction of AI chips will improve voice and image recognition that is beyond the capabilities for regular computer programs. The goal for the company is to use the chips in future home appliances and cars to provide fast and intelligent response to user commands without an internet connection.
Yu said that the AI chips, which is expected to be commercially available in 18 months, would eliminate the issues cloud-based services face.
“Most AI services are based in the cloud, but what happens if the internet is slow or down?” said Yu in relation to Amazon’s ‘Alexa’ and Apple’s ‘Siri’.
“Our vision [of creating our own AI system-on-a-chip] is bold, but we need to control risks at the same time.”
Future devices will have an AI chip in order to perform more complex tasks needing greater intelligence, including speech, voice and vision recognition and machine-learning algorithms.


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Is Target still down? After long waits and store closings, nationwide register outage ends
It was a tough Saturday afternoon to be at Target.
After a two-hour nationwide outage Saturday, Target’s registers are back online in the retailer's 1,849 U.S. stores, spokesman Joe Poulos confirmed.
"The temporary outage was the result of an internal technology issue that lasted for approximately two hours," Poulos said in a statement. "Our technology team worked quickly to identify and fix the issue, and we apologize for the inconvenience and frustration this caused for our guests."
In Visalia, checkout lines stretch down the length of the store. Greeters were stationed at both entrances of the South Mooney Target — 10% off coupons and snacks in hand.
Employees told customers registers were down and they weren't sure when they would be back up. Samples of Starbucks iced tea and Frappuccinos were handed to customers who were encouraged to browse.
Visalia Target managers couldn't comment on the outage and referred all questions to the company's media relations team.
"It's scary," one Visalia shopper said as she and her husband walked to their car Saturday afternoon.
Visalia shoppers posted to social media about long waits at the checkout line. Many left store empty-handed.
"I was there Tuesday," said Ruby McGee-Mills, on Facebook, "Glad I made it out in on time."
The outage was also reported in Tulare. Shoppers said the line snaked through the entire store to the back of the electronics department.
Visalia employees said during the outage, it took roughly 30 minutes to complete a transaction — even cash transactions.
The company addressed the outage on social media.
"We are aware of a systems issue in store and are working as quickly as possible to get this fixed," Target tweeted from its @AskTarget account in response to shoppers' tweets. "Thank you for your patience!"
Visalia employees said the outage began around 11 a.m. At 12:30 p.m. By 3 p.m. customers were making purchases and lines were flowing easier.
It did help with impulse shopping, @MrDanHeaver tweeted.
@writeriowa tweeted reminding fellow shoppers that it wasn't the fault of employees.
Contributing: Doug Stanglin
Follow USA TODAY reporter Kelly Tyko on Twitter: @KellyTyko


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Latest UK wine news
James Lawrence examines the future prospects for English fizz.
The Smith Report: To deal or not to deal Subscription
There seems to be no end of M&A activity in the UK drinks market. But is what is driving the recent activity?
Independent whisky producer Isle of Arran Distillers has revealed record results for 2014.
More UK wine news
New Zealand: it’s not all about Sauvignon Blanc Subscription
The UK remains central to New Zealand’s wine-export strategy as it looks to widen its appeal across all channels of the market. Ahead of this month’s generic UK tasting, Anne Krebiehl looks at its opportunities in 2014
Opinion: Geoffrey Dean explores Swiss wines Subscription


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Why transparency is essential for building corporate brand trust
JANUARY 15, 2015
The growing demand for greater corporate transparency, especially among Millennials, should not be news to anyone. Trust in business has reached new lows, as reported by the latest 2014 Edelman Trust Barometer (e.g. brand promise and deliverability) to restore trust.


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Apple's iOS devices were widely used for online purchases for Black Friday, Cyber Monday
According to the latest statistics released by Adobe, online shopping presence for Black Friday and Cyber Monday -- the busiest shopping period of a year -- was notably dominated by tech giant Apple’s popular iOS devices --- the iPhone and the iPad.
Revealing that Apple’s iOS devices accounted for the biggest chunk of mobile devices tracked through online retailers, Adobe said in its recent report that approximately 75 percent of all online sales on mobile devices on Black Friday were attributable to Apple’s mobile devices.
Adobe further said in its report that, for the Black Friday shopping ‘holiday’ this year, customers used mobile devices for making nearly $2.74 billion in purchases. Adobe also disclosed that Black Friday purchases from Apple’s iOS devices surpassed those made from Android-powered mobile devices by a nearly three-to-one margin.
Meanwhile, so far as the statistics for Cyber Monday online sales are concerned, Adobe has revealed that mobile devices were used by customers for almost 32 percent of all online Cyber Monday purchases, amounting to a total of nearly $156 million in purchases.
Since Cyber Monday, in accordance with its online nature, is more inclined towards mobile devices, Adobe said that around 53 percent of all visits made by customers to shopping websites on Cyber Monday morning came from mobile devices.
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text: Marco Rambaldi, born in 1990, will be the first guest of the new project of the National Chamber of Italian Fashion and of the Maison Valentino which provides for the launch of a series of digital events in which a young designer will be hosted from season to season. The emerging designers will present their collection on the Instagram channel of @maisonvalentino. The first appointment is scheduled during the Milan Fashion Week Women’s Collection fall / winter 2023 scheduled for February. “The promotion and support to emerging talents – underlined Carlo Capasa, President of the National Chamber of Italian Fashion – have always been a fundamental pillar of our Association, which in recent years has created and implemented specific projects with a view to enhancing creativity. and of the visions that new designers bring to the fashion system “.


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US deliveries in 2011 increase by 15 per cent to 29,023 vehicles
Stuttgart. Dr. Ing. h.c. F. Porsche AG, Stuttgart, is getting 2012 underway with a world premiere: The sports car manufacturer is unveiling the Cabrio version of the new 911 for the first time at the North American International Auto Show in Detroit (9 – 22 January). As one of the world’s largest auto shows, the Detroit Motor Show traditionally ushers in the new automotive year. The show in the automotive capital is regarded as an important international marketplace and forum for trends and opinions that is of particular significance for the North American market.
“The USA is and remains an important market for Porsche with good growth prospects,” said Bernhard Maier, Porsche AG Board of Management Member for Sales and Marketing. “Detroit was deliberately chosen for the world premiere of the new 911 Cabrio because the USA is far and away our largest 911 Cabrio market.” The Coupé variant of the sports car classic will be available in the USA starting in February 2012 with the Cabriolet following a few months later, providing a fresh impetus.
In 2011, Porsche’s dealers in the USA sold 29,023 Cayennes, Panameras, 911s, Boxsters and Caymans to US customers. That was 15 per cent more than in the previous year. The most successful model in 2011 was the Cayenne with 12,978 units (+55.6%). Shortly before the change of model, Porsche even managed to boost 911 sales by 4.9 per cent to 6,016 vehicles. In the New Year 2012, the Zuffenhausen company anticipates selling more than 30,000 vehicles in the United States.
To achieve this, the sports car manufacturer is fielding numerous new models in the United States: the premiere of the new 911 will be followed by the 430 hp Panamera GTS in spring. This will subsequently be followed by the Cayenne Diesel as Porsche’s first compression-ignition car in the USA. The compact Cajun off-road vehicle will also be celebrating its debut in 2013.
“By building a new headquarters in Atlanta in the US State of Georgia we are underlining our growth ambitions in the region,” said Bernhard Maier. The complex, adjacent to the new terminal of Atlanta’s international airport, will comprise not just modern, energy-efficient offices for approximately 400 employees but also the technical service department as well as a training centre and circuit where customers can test the Porsche vehicles’ outstanding driving characteristics. The new US headquarters, which will for the first time centralise all administrative, training and sales functions and financial services, is scheduled for completion in the second half of 2013. Porsche Cars North America has been based in Atlanta for the past 13 years. Porsche also plans to build an additional customer test facility in Carson in California, between the airports of Los Angeles and Long Beach. Porsche is investing more than 100 million US dollars in the Atlanta head office and test facility in Carson.
source: Porsche AG


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Twenty years ago this month the very first gleaming M-Class Mercedes-Benz sports utility vehicle drove off the assembly line in Tuscaloosa County. The year was 1997. “Titanic” was sailing across the big screen, the Fed’s prime rate was an unthinkable 5.5 percent and the Dow Jones Industrial Average closed above 7, 000 for the first time.
Fast forward to modern times, and much has blossomed from that first bud. Alabama OEMs Honda, Hyundai and Mercedes-Benz combined to produce at least 1, 048, 597 vehicles in 2016, according to figures released by the Alabama Department of Commerce. Not only are the OEMs constantly adding jobs and facilities, but they’re continuing to attract auto suppliers who represent billions more in investment. Auto suppliers in 2016 announced new facilities and expansions worth at least $924 million and more than 2, 500 new jobs, according to Department of Commerce.
Alabama’s most senior automaker isn’t content to rest. In September 2015 it announced plans for Project Gateway, a $1.3 billion expansion in Vance to prepare for production of its next-generation SUVs, many of which will be hybrids. When the expansion is complete, expected in 2018, Mercedes’ investment in Alabama will stand at $5.8 billion.
Text by Dave Helms


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The live stream is discussing and analyzing the outcome of Federal Reserve Chair Jerome Powell’s announcement regarding the interest rates, which have been continuously increasing for the last 10 months. The expectation is that there will be another interest rate hike of 0.25 or 25 basis points, causing concerns of bank collapses and debt ceiling fears. The stream also discusses the impact of interest rates on the cost of capital and inflation, as well as the future expectations for interest rates according to the CME Group website. The viewer’s opinions on whether the crypto market will pump or dump as a result of the announcement are also sought after.
Crypto Live Stream: Interest Rate Hike and its Impact on Crypto Market
When and What to Expect?
The live stream took place about 45 minutes before Jerome Powell, the Chairman of the Federal Reserve, announced the latest interest rate decision on June 13, 2018. Powell’s speech was a hot topic in the cryptocurrency sphere as it had an impact on the crypto market.
Interest Rate Hike
The interest rate hike was announced in late 2015 as a part of the Federal Reserve’s plan to normalize the economy. The hike was expected to increase the cost of capital, which directly impacted the borrowing costs of businesses. The decision to increase interest rates provoked several debates and discussions regarding its impact on the economy.
Crypto Market’s Reaction
The announcement of the interest rate hike had a ripple effect on the cryptocurrency market. In the lead up to the announcement, Bitcoin and other cryptocurrencies saw a decline in their prices due to investor uncertainty. Cryptocurrency enthusiasts and traders speculated on whether or not the news would have a lasting effect on the crypto market.
The Future of Crypto
The interest rate hike had a significant impact on the crypto market, but many believe it was not a long-term effect. Over time, Bitcoin and other cryptocurrencies regained their lost value and continued to move forward toward mainstream adoption. As the crypto market continues to grow and mature, experts predict that the impact of interest rate hikes on the market will lessen.
The June 2018 interest rate hike played a vital role in shaping the future of cryptocurrency. Despite the short-term impact, Bitcoin and other cryptocurrencies continued to thrive and evolve. As the crypto market matures, it will likely become less susceptible to external factors like interest rate hikes. The crypto community continues to take advantage of emerging technologies to improve the industry and shape the future of finance.


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Conservationists say landmark WWF report identifying species populations have declined 52 per cent since 1970 is 'call to arms'
The dire state of the planet's wildlife and ecosystems is laid bare today in a new report that highlights species populations have more than halved since 1970. WWF's latest Living Plant Report has been...
NLGPS joins Make My Money Matter pledge to align its £46bn investment portfolio with Paris Agreement's 1.5C goal
Our Global Investor Study 2020 reveals investor and consumer views on company responsibility for tackling climate change, writes Schroders' Vicki Owen
Beauty arm of US consumer goods giant estimates that new refillable product line will eliminate need for roughly 300 million virgin plastic shampoo bottles
VIDEO: In our final Glimpses report looking at potential net zero gamechangers, BusinessGreen looks at the potential for hydrogen use in energy, transport and home heating


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A British wholesale meat supplier is furious over a “flawed” sausage report from the UN, and is now threatening to take legal action.
Two weeks ago, the World Health Organisation (WHO) released the results of a study into the cancer-causing effects of processed meat, and ruled that eating one-and-a-half sausages a day increases risk of developing the disease by up to 18 per cent.
But Denis Lynn, founder and head of Lynn's County Foods, says the report is “clumsily structured”, and that it fails to differentiate between healthy British sausages and those imported from elsewhere in Europe, which are often packed with chemicals.
He argues that while European manufacturers tend to use nitrate-based preservatives, British sausage manufacturers use sodium metabisulphite as a preservative, which is considered safe.
“The WHO has taken leave of its senses,” he told The Sun. “It is absurd to lump safe British sausages in with all the rest. Eating one of our sausages carries no more of a health risk than tucking into a pork chop.”
Lynn's Country Foods churns out 135m sausages a year, and supplies five of the biggest UK high street supermarkets. Lynn says the company's sales have dropped 20 per cent since the report came out, and he claims a large amount of damage has been done to other British companies, too.
He has written a letter to the UN, backed by former environment secretary Owen Paterson, threatening to take legal action over the report, which he says “misunderstands the classification and different manufacturing techniques of the same family of products”. He said he will take them to court unless they clarify the difference.


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Cosgrove’s speech to Canterbury Export Awards
29 July 2008 Speech
Clayton Cosgrove’s speech to the Canterbury Export Awards 2008
Convention Centre, Christchurch
Time: 7.30pm, 29 July 2008
Mayor Bob Parker and Mayoress Joanna Parker; Hon Ruth Richardson; Bob Walters, Chief Executive Officer of Export New Zealand; Canterbury Employers' Chamber of Commerce President David Halstead and Chief Executive Peter Townsend; John Payne, President for the Canterbury Region of Export New Zealand; Maurice Noone Office Managing Partner, PriceWaterhouseCooper; my Parliamentary colleagues; members of the Canterbury business community; special guests; ladies and gentlemen.
Good evening and thank you for the opportunity to speak at this year’s Canterbury Export Awards ceremony. It is always encouraging to see New Zealand businesses achieving success in the global marketplace.
Last year, my colleague Trade Minister Phil
Goff spoke about Export Year 2007.
As a joint initiative between the Government and the private sector, it provided an important focus on exporting and the challenges that New Zealand faces.
The work continues for both government and business to build our economy into one that can successfully compete with the rest of the world.
The passing of the New Zealand China Free Trade Agreement in Parliament last week was an important development. China is the fastest growing major economy in the world, currently growing at 9.5 percent each year. China is already our third largest trading partner. Its middle class is now estimated to be more than 100 million people and growing – which will fuel the demand for New Zealand’s exports of goods and services. There should also be opportunities for investment in both directions.
Chinese tariffs on New Zealand products cost exporters almost $120 million each year. The Agreement will remove tariffs on 96 percent of New Zealand’s current exports to China and will deliver significant gains for our exporters. The removal of the remaining New Zealand tariffs on Chinese imports will be done in such a way as to allow New Zealand industry time to adapt.
The removal of Chinese tariffs under the Agreement are expected to result in a far greater increase in New Zealand exports to China than Chinese exports to New Zealand, in significant part because Chinese tariff levels are currently higher than those of New Zealand.
The Agreement also promotes co-operation in a broad range of areas, including intellectual property. It provides a platform for further engagement at the governmental, cultural, and people-to-people levels.
As Minister for Small Business, I am pleased to say that the China Free Trade Agreement holds huge potential for all New Zealand businesses, including our small-to-medium sized enterprises (SMEs). In fact that the China Free Trade Agreement (FTA) contains a whole section (Article 176) in which the New Zealand and the Chinese governments have committed themselves to undertake a range of activities designed to promote a favourable trading environment specifically for the development of SMEs and to build the capacity of SMEs to trade effectively under the FTA. The Ministry of Foreign Affairs and Trade is co-ordinating the government initiatives in this area.
Some of you here tonight will have participated in the recent FTA road show.
The Navigating China website is also a fantastic resource. The China FTA is part of a wider focus for the government on Asia, which includes the expansion of the Beachheads programme in China, the opening of up to five more offices in China over the next four years, a greater New Zealand presence at trade shows like Food and Hotel Asia, and a commitment to a concept centre in Shanghai.
With the Shanghai Expo only two years away, there is further opportunity to strengthen New Zealand’s commitment to forming long term relationships in China.
New opportunities for free trade agreements are also being explored and progressed with Korea, Japan and India and they have gained some momentum from the success of completing the China FTA.
I am sure that many of you here tonight are looking at ways to seize the opportunity that these developments in Asia and in other markets will offer your businesses.
Free trade agreements are one part of the process of building our economy into one that can successfully compete with the rest of the world. New Zealand also needs to move beyond the traditional concept of simply ‘exporting’ and instead ‘think globally’ in all aspects of business – global customers, global competitors and global strategies.
It is great to see that many Canterbury firms are getting out there and seeing what opportunities the world has to offer them – a fact reflected in some recent statistics. For example, I see that the annual average growth rate in the value of exports conveyed abroad from Canterbury ports was a healthy 6.2 percent for the year ended April 2008. Similarly, the region’s economic growth figure of 2.6 percent for the year ended March was slightly faster than the 2.5 percent annual average growth rate across the country in the same period.
While we are experiencing some slowing in economic growth, it would seem that the Canterbury region is in reasonably good heart as, for the second year running, tonight’s awards have attracted a record number of entrants.
From emerging exporters through to more established global operators, they demonstrate the attitude and commitment to creating high-value products and services that businesses need to embrace in order to successfully compete internationally.
Agencies like New Zealand Trade and Enterprise, the government’s national economic development agency, are there to help you on the journey. It runs a number of business programmes and services that help businesses build up their capability and take on the world.
The Enterprise Development Grant for Market Development has proved popular with businesses wanting to attend international trade events or build up their in-market presence. Here in Canterbury about 130 companies have received Market Development funding since the scheme began.
Beachheads and Better by Design programmes are extremely useful to businesses looking to gain access to international networks or incorporate design principals into all facets of a business. Both these programmes have received an extra $8 million of funding for the next financial year.
Eight ambitious Christchurch companies from a range of sectors are already making the most of the Beachheads programme to help them accelerate their growth in markets as diverse as the Middle East and India. Well-known local businesses Jade Software and Bloomsberry are two Beachheads success stories. Most recently Brands International has been able to take advantage of tailored advice and assistance from UK retail distribution expert Mark West to grow their global business.
And of course, NZTE’s global network of highly skilled staff is there to help you find the people, knowledge and opportunities that will help you become successful international operators - helping New Zealand become more internationally competitive and raise our standards of living.
The exporters here tonight, and many others like them, make an immense contribution to New Zealand's economy. You are a positive part of the economic transformation that New Zealand needs.
Tonight we celebrate export successes that have already occurred. But the challenges that the finalists and winners have risen to are the challenge we need many more New Zealand businesses to take up to keep our country moving forward.
efforts that you make and the inspiration you provide to
others in the business community play an important part in
New Zealand's long term economic success. I thank you for
the part you play and I congratulate tonight’s winners,
who fully deserve this public recognition.


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Changing of the Guards
- Some call this a retail apocalypse – 3,500 stores expected to close over the coming months
- Better looked at as the “change state” of an evolutionary period
- Mall traffic is through the floors and the old guard fashion retailers are hurting
What’s Happening to Fast Fashion?
- Hennes & Mauritz AB said price cuts to clear inventory over the next three months may exceed last year’s, sending the shares tumbling to a four-year low.
- H&M’s inventory levels are up 30 percent year-on-year and profit will be hurt should the retailer have to offer deeper discounts
- Sales in the year to date (10-15%)haven’t lived up to H&M’s expectations, Chief Executive Officer Karl-Johan Persson said in an interview
- The Swedish company is struggling to keep pace with Zara owner Inditex, which has put a greater emphasis on e-commerce and has proved more adept at responding to shifts in consumer tastes
- The retailer said it will open its first Arket outlet in London in the fall, selling clothing and a limited range of home furnishings at prices slightly above the company’s main brand
- Arket is the company’s first new label since the launch of & Other Stories in 2014 and will include products for men.
Growth Amid the Apocalypse
- The first three F21 RED stores will open in April in key retail markets across the U.S. including San Antonio, Texas, Bronx, New York and Chicago, Illinois. New locations will continue to open throughout the year in key cities and will bring F21 RED total store count to more than seventy locations by year-end.
- A new concept store for Forever 21, Inc., F21 RED delivers a deeper inventory of the trend-led staples Forever 21, Forever 21 Men, Forever 21 Plus and Forever 21 Kids is known for carrying, at a great value to customers.
- F21 RED launched in 2014 and aims to create a convenient shopping experience for the entire family with an assortment of fashion staples from Forever 21 and its sub-brands, including Forever 21 Men, Forever 21 Plus, and Forever 21 Girls.
- Forever 21, is a fashion retailer of women’s, men’s and kids clothing and accessories and is known for offering the hottest, most current fashion trends at a great value to consumers. This model operates by keeping the store exciting with new merchandise brought in daily. Founded in 1984, Forever 21 operates more than 815 stores in 57 countries


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Sri Lankan tea in demand
Posted by Anita - June 08, 2011
With the annual increase in the global tea market to rise by 7%, the Sri Lankan Government announce they anticiapte an even bigger demand for their tea.
The Sri Lankan government report how exoctic and organic teas are challenging the more traditional black teas and highlighted tea's increasing popularity has much to do with the associated health benefits of drinking the beverage, especially green tea. With the growing consumer interest, particularly that of women, the demand for Sri Lankan tea is anticipated to rise this year by 10%.
In a bid to develop a commercial competitive edge over Kenya as the world's top tea exporter, the Tea Research Institute of Sri Lanka has disclosed it is developing tea plants that will be more able to resist drought and other detrimental environmental conditions.


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Qrates is a marketplace where artists can create vinyl records on demand directly for music fans. #happyrecordstoreday
The vinyl record revival has been a breath of fresh air in a world saturated by digital downloads and music streaming. With a decline in physical CD sales over the last two decades, music has become tangible again thru vinyl… read more
The music industry is changing and Universal Music Group is a making a big push to capitalize on new technologies by launching the Capitol Innovation Center.
“Universal Music Group (UMG), the world leader in music-based entertainment, today announced the launch of a first-of-its-kind accelerator engagement network by a major music entertainment company aimed at promoting the… read more
The Top 50 music tech executives impacting the music industry.
Follow us @Rockstardreams1
Music and tech are synonymous now. In the early 2000’s music streaming, peer-to-peer sharing and illegal digital downloads completely distrupted the music industry. Over the last two decades, brilliant minds have been figuring out a way to bridge the gap.
The NAMM Show 2016 wrapped up this past weekend in Anaheim, CA and it was a vibrant circus of music, people and culture
The top gear manufacturers and mom and pops from around the world including Fender, Les Paul, NORD keyboards, Ernie Ball, Pioneer and SJC Custom Drums showcased their latest and greatest music tech… read more


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We were really humbled that Apple asked Blind Sparrow Interactive to contribute to Global Accessibility Awareness Day. We were able to get accessibility into the spotlight in a profile that headlines with Brandon Cole and Izumi Kira.
If you have an Apple device, you can read the feature here: https://t.co/GzBJQewXee
Also, our accessible dice manager, Ready to Roll, has had it's first major update.
A very special thank you to everyone in the AudioGames forum for being so helpful and supportive.


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South Africa’s captivating coastlines and unique ecosystems attract millions of travelers each year. Tourism brings about $10 billion (€8.2 billion) to the economy and employs millions of people across the country.
However, the South African tourism industry suffered a major setback in 2020 when COVID-19 hit the country’s shores. Before the pandemic, international visitors to South Africa were spending more than $30,000 (€27,000) per minute criss-crossing the country. A figure that seems insurmountable in today’s South Africa, as tourism businesses look for new ways to make up for lost time.
How can South Africa revive its tourism industry?
Industry leaders attending the World Travel Market Africa event in Cape Town, South Africa are convinced that the antidote to the struggling tourism sector is the acceleration of digital nomad visas. This ambitious visa regime would allow remote international workers to stay in the country for more than 90 days and up to a year in total.
“There are a number of destinations that have done this such as Dubai, Greece and the Maldives. These destinations have seen overall growth in tourist numbers,” says Velma Corcoran, Country Manager for Sub-Saharan Africa at Airbnb.
“What we have done as Airbnb is work closely with the Italian Ministry of Tourism to support them in lobbying for a digital nomad visa.”
South African President Cyril Ramaphosa describes the remote work visa as a tool for economic growth. However, while this is being considered by the government, South Africa faces the twin threats of security concerns and skills shortages.
Crime rate in South Africa: a persistent problem
Security is South Africa’s Achilles’ heel, and crime affects both domestic and international visitors. In the last three months of 2021, murder rates increased by 8.9% and hijackings by 13.8%.
“We have to face another major challenge, a challenge that was well articulated to me by the President of China who told me that many Chinese tourists want to come to South Africa and Africa, but the problem that holding them back is the crime,” says President Cyril Ramaphosa.
Unless the government acts to tighten security measures in the country, it is likely that some tourists will continue to be put off by crime statistics.
A shortage of skilled workers
The pandemic has also left a huge void in the skilled labor market in South Africa. And while the tourism industry is clamoring for more international and domestic travelers, the reality is that the country may struggle to meet their demands.
The government’s job retention support program eases the burden, says Monika Luel, marketing director at WESGRO, but there is still much to be done to support the industry. She believes digital technology will play an important role in bridging the gap.
“I think the government payroll relief program has been a small support. I don’t think it’s enough, because tourism and the hospitality industry is a big service industry,” says Luel.
“For WESGRO, digital communications have gone on steroids because the only way to reach the consumer is through digital platforms.”
Will the introduction of a digital nomad visa help tourism?
There is no doubt that the introduction of a digital nomad visa would provide a welcome boost to the tourism industry.
If South Africa gives the visa the green light, it will become the first mainland African country to offer visitors a long-term distance visa, joining the African island nations of Mauritius, Seychelles and Cape Verde.
Although the finer details are yet to be confirmed, it is likely that there will be a minimum wage requirement for tourists applying for the visa, as well as rules regarding health insurance, proof of work and accommodation.


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Vivo India will formally launch the V25 Series in India on August 17, 2022. The corporate teased the V25 Professional smartphone on its official Twitter account, revealing its launch date. The Vivo V25 Series will comprise V25 and V25 Professional fashions. The teaser reveals the design, cameras and entrance panel of the professional mannequin. The launch will happen at 12 pm IST and can be streamed stay by way of Vivo India’s official YouTube channel. Vivo V25 Series India Launch Teased, Flipkart Availability Confirmed.
Vivo V25 Professional will include a color altering again panel and a 3D curved display screen. It would function a FHD+ show with a 120Hz refresh price. It is going to be powered by a MediaTek Dimensity 1300 SoC coupled with 8GB of RAM. For optics, the handset will flaunt a 64MP main digicam, a 4,830mAh battery with 66W Fash charging help.
No extra ready to expertise the long-awaited #MagicalPhone.
Block Your Date for the launch day now!
The vivo V25 Professional is launching on 17.08.2022 at 12 PM.
— Vivo India (@Vivo_India) August 11, 2022
Then again the Vivo V25 smartphone’s picture was leaked on-line, revealing its gold color choice and a triple rear digicam setup. Tipster Paras Guglani means that the Vivo V25 will sport a flat body, a 6.62-inch AMOLED show, a MediaTek Dimensity 1200 chipset, an LED flash, a 4,500mAh battery with 44W or 66W quick charging and extra.
(The above story first appeared on NimsIndia on Aug 11, 2022 06:00 PM IST. For extra information and updates on politics, world, sports activities, entertainment and life-style, go surfing to our web site nimsindia.org).


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Angela Ahrendts to join iPhone and iPad maker Apple in shock departure from Burberry
The luxury goods brand's respected CEO will become the technology giant's senior vice president for retail and online stores
Tuesday 15 October 2013
Burberry chief executive Angela Ahrendts, is leaving the British luxury goods firm to join technology giant Apple.
She will join the iPhone and iPad maker as senior vice president for retail and online stores next year.
Ms Ahrendts, said she was "profoundly honoured" to be joining Apple, where she will be reporting to the company's chief executive Tim Cook. She will primarily be responsible for growing the group's retail presence.
The 53-year-old said, "I have always admired the innovation and impact Apple products and services have on people's lives and hope in some small way I can help contribute to the company's continued success and leadership in changing the world."
Ms Ahrendts, who is American, spent more than seven years at Burberry, the company known for its distinctive beige check designs, transforming it into a global luxury brand with a growing presence in emerging markets.
She was appointed Burberry chief executive in July 2006 and previously held senior positions at fashion companies Liz Claiborne and Donna Karan.
Yorkshire-born Christopher Bailey will be taking over from Ms Ahrendts as chief executive, while also retaining his role as the firm's chief creative officer.
"I am profoundly moved and humbled to be asked to take on the chief executive role at this company that means so much to me," he said.
"Together, we will continue to push the boundaries of design, technology and communication while never forgetting our heritage, our Britishness and our values."
Apple's chief executive Tim Cook described Ms Ahrendts as an "extraordinary leader" with a "proven track record".
Burberry today revealed 17 per cent growth in underlying retail sales to £1.03 billion in the six months to the end of September.
It saw double-digit retail growth across Asia Pacific and its Europe, Middle East, India and Africa regions, while sales in the Americas grew in high single digits.
Ms Ahrendts's exit in the middle of next year leaves Carolyn McCall and Alison Cooper, the bosses of budget airline EasyJet and cigarette firm Imperial Tobacco respectively, as the only remaining female chief executives heading Britain's biggest listed companies.
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- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
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Shock poll shows voters believe Ukip is to the left of the Tories
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Since it was founded nine years ago, Reddit — a freewheeling online community with an antiquated design where users find, share and talk about web links and photos — has stuck to its own weird guns. You don’t need to hand over any personal data, not even an email address, to sign up and post or view an item. And unlike many other Internet start-ups, Mike Isaac reports, Reddit has never fully embraced the dominant business model of selling advertising to support its free service.
But that is about to change.
The company is trying to jump-start its advertising business, as well as bolster some smaller moneymaking efforts. Its challenge is to figure out how to become a real business without changing the essential nature of the service and alienating its powerhouse constituency of 114 million intensely loyal monthly users.
If it fails, those users could revolt and ultimately depart en masse, turning Reddit into an also-ran like Myspace — another social web giant that faded into obscurity. Read more »


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The Consumer Product Safety Commission says Frigg silicone pacifiers may post a choking hazard.
300,000 Silicone Pacifiers Recalled For Choking HazardThe Consumer Product Safety Commission says Frigg silicone pacifiers may post a choking hazard.
Ford Recalls 200,000 2014 & 2015 Fusion, Lincoln MKZ CarsFord is recalling 200,000 cars with brake lights that sometimes don't turn off.
Cost Of Everyday Items Rising As US Sees Highest Inflation Rate In 40 YearsMany Americans are feeling the squeeze and sticker shock at the grocery store, paying more for everyday items than we have in decades. Prices are up as the U.S. sees the highest inflation rate in 40 years; CBS2's Jessica Moore reports.
Stores Having Some Trouble Keeping Shelves StockedIf you’ve gone grocery shopping lately and noticed some empty shelves, you are not alone. Stores large and small are having some trouble keeping shelves stocked; CBS2's Nick Caloway reports.
Pfizer Plans To Roll Out Omicron-Specific Vaccine In MarchCBS2's Dick Brennan reports.
New York Losing 7 Bed Bath & Beyond LocationsBed Bath & Beyond has revealed the locations of some of the stores it plans to close in the coming weeks.
Development Divide Has Protesters Coming Out Against Proposed New Construction In HarlemCBS2's Cory James has the story.
Mayor Adams Vows To Bring 'Swagger' Back In NYC's Fight Against COVIDCBS2's Marcia Kramer has more on the new mayor's request to have businesses bring their workers back to city offices.
How To Make Returning An Unwanted Gift EasierSome say it's the thought that counts, but some holiday gifts just don't hit the mark. If you're looking to return presents, there are ways to make the process easier; Bradley Blackburn reports for CBS2.
What You Need To Know About Shelling Out Big Bucks For Quick COVID-19 Test ResultsCBS2's Lisa Rozner spoke to people who tried to do just that, only to come away frustrated and disappointed.
What You Need To Know About Shelling Out Big Money For Quick COVID-19 Test ResultsCBS2's Lisa Rozner spoke to people who tried to do just that, only to come away frustrated.
Travelers At Newark Airport Express Frustration Over Flight Cancellations, DelaysCBS2's Kevin Rincon has the story.
Bunk Beds By New Jersey-Based Angel Line Recalled After Toddler's DeathNearly 40,000 bunk beds are being recalled due to potential entrapment and strangulation hazards.
COVID-19 Starting To Make Impact On Last-Minute Christmas Air TravelCBS2's Jessica Layton has the story from Newark Liberty International Airport.
CBS2 Puts Italian-American Christmas Staple Panettone To The Taste TestAs reporter Tony Aiello explains, the prices for the sweet loaves of bread range from humble to high end, but price might not be true indicator of which is best.
Holiday Shoppers Show CBS2 What's In The BagTime is ticking and New Yorkers are on last-minute shopping frenzies. CBS2's Cindy Hsu reports.
Packaged Salads Recalled Over Listeria OutbreaksSeveral brands of packaged salads are being recalled because of two listeria outbreaks.
ShopIN.nyc Can Solve Your Last-Minute Christmas Shopping ConcernsCBS2's Jenna DeAngelis has the story.
Another Day Of Skyrocketing COVID Cases On Long IslandHowever, some Suffolk County lawmakers and business owners are pushing back against the mask mandate. CBS2's Jennifer McLogan reports.
Store Clerk Subdues Would-Be Robber In New JerseyThe quick-thinking employee took down a man who demanded money after claiming to be armed. CBS2's Dick Brennan has the story.
Officials issue Warning About Bogus Donation BinsCBS2's Carolyn Gusoff has what you need to know to make sure you don't get taken by imposters.
Billy Joel Plays On, Packs MSG As Broadway Announces Show CancellationsCBS2's Cory James has the story from outside the "World's Most Famous Arena."
Several Broadway Shows Announce Cancellations Due To COVID-19 Case SpikeCBS2's Dick Brennan has the story.
Dry Shampoo Products RecalledProctor and Gamble issued a voluntary recall for more than 30 of its aerosol spray products.


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Gas station monitoring systems are never safe, with US-based ones being the most targeted. Researchers Kyle Wilhoit and Stephen Hilt set up fake internet-connected systems called “GasPots” that mimic gas station monitoring systems. The researchers warn that cyber attacks could cause serious issues.
Browsing: Spence’s News & Views
The Ultra-high definition, super wide screen makes the 2016 Audi TT Virtual Cockpit Tops In Its Class
Ford is showing its commitment to American manufacturing by opening a production plant in Ohio to assembly the Ford F-650 and F-750 medium-duty trucks. Previously, the assembly was done in Mexico.
Mcity is a research lab for testing out the future of automotive technology located on 32-acres at the University of Michigan.
Model building and families pastimes are quickly fading from our society. Discover new and exciting ways to connect with those you care most about.
WalkCar from Cocoa Motors is a portable, personal transportation device launching in autumn 2015 on the crowd-funding website Kickstarter for $800 USD and shipping in spring 2016.
Magna International’s plans to acquire transmission maker Getrag is among a number of recent mergers among auto supplies
DUI or IOU which will ding your insurance the most? Apparently State Farm, unlike a…
For all the publicity surrounding Google’s self-driving car project over the years, few knew Google Auto was registered as the car companies name.
Hacker Samy Kamkar creates OwnStar, a tiny box that acts as a Wi-Fi hotspot and intercepts commands sent from a driver’s OnStar RemoteLink app.


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NVIDIA announced Alps, which is touted to be the world’s most powerful AI-capable supercomputer.
NVIDIA has kickstarted the latest edition of its much awaited technology conference— GTC 2021. GTC is an annual conference organised that showcases few of the most transformative technologies in AI, graphics, data centre, computing, networking, and more. For instance, at last year’s event, CEO Jensen Huang launched a GPU-based AI chip, the A100. From futuristic data centres to robotics toolkits, from movies to the gaming ecosystem, NVIDIA’s flagship event has something for all. This year’s event got even bigger as the chip maker will be hosting the industry giants like Turing Award winners Geoff Hinton, Yann Lecun, Youshua Bengio, LSTM co-creator Juergen Schmidhuber and more.
Here are a few highlights from the first session of GTC Day 1:
NVIDIA Dials Ups AI And 5G
The company announced the launch of the “AERIAL A100 – AI on 5G” product that combines both GPU and DPU on the same EGX NVIDIA certified PCI Card. It will be available as AERIAL-SDK (software development kit) for the 5G RAN in the second half of 2021. This card will support software-defined, cloud-native workloads. These workloads are configurable via software to include 5G call, NFVi workloads, virtual firewall, deep packing inspection, and the MAC application workloads as well that runs OTT. This is the 5G connected data centre on a card.
According to Ronnie Vasishta Senior VP NVIDIA’s Telecom Group, several research reports indicate that the new industry – AI on 5G will drive in excess of $10 trillion of economic value by the year 2035. “We already have evidence for this, such as AI for streaming video over Mobile network, AI as OTT services for 5G, and NVIDIA AI solutions based on GPU & DPU hardware,” said Vasishta.
NVIDIA with its products is continuously transforming various sectors including healthcare, retail, robotics, gaming, and any other aspects for a tech-enabled ecosystem. Until now these applications have been somewhat constrained in mobility, latency, reliability and security.
Soma Velayutham, Industry GM for Telecom at NVIDIA revealed more details about the collaboration with Google Cloud to deploy AI on 5G for a diverse range of services on a consistent platform from cloud to edge enabled Google. NVIDIA’s solution is cost-effective, powerful and space-efficient. Furthermore, it will encourage the customers to explore and deploy more AI applications. The cloud native platform offers flexible scaling options. In addition, one can also share the compute resources between 5G RAN and AI Application.
“Currently, it requires three sets of disparate servers, likely a whole rack of servers – one set for the 5G RAN, one for the 5G call, and one for the AI Applications. Almost always, the AI application is based on NVIDIA’s GPU. NVIDIA’s AI on 5G platform enables the customer to have one convergence solution, one converged platform. NVIDIA AI on 5G is an edge data centre that combines high performance 5G with a large number of AI applications,” added Velayutham.
Since the data for the AI application and 5G RAN resides on the same system, it offers a high degree of security of the data. The data for AI applications are highly secured on NVIDIA’S platform. Moreover, the launch has enabled new use cases that were not possible to form earlier like URLLC for smart cities and industry 4.0.
“3GPP (3rd Generation Partnership Project) approved 5G network standards. We’re rolling out today the setup to solve this problem by specifically focusing on standards for machine to machine communication, or URLLC (Ultra-Reliable Low Latency Communication) and these standards are rolling out now around the world. This is important to bring the true vision of AI Applications of any time and anywhere – you need 5G,” said Ronnie Vasishta.
NVIDIA’s prominent 5G RAN and Core partners include Ericsson, Fujitsu, Mavenir, Altran, Radisys. Whereas, 5G Security partners include RedHat, VMware and more. Here are other top announcements from the event:
The NVIDIA Grace CPU is designed to address the computing requirements of applications like NLP, recommender systems and AI supercomputing — that analyze enormous datasets.
NVIDIA Omniverse Enterprise makes it possible for 3D production teams — which are often large, diverse in skills and geographically dispersed — to work seamlessly together on complex projects. With Omniverse, designers, artists and reviewers can work simultaneously in a virtual world from anywhere, on any device.
NVIDIA claimed that their Jarvis models offer highly accurate automatic speech recognition, as well as superhuman language understanding, real-time translations for multiple languages, and new text-to-speech capabilities to create expressive conversational AI agents.
NVIDIA introduced a new class of NVIDIA-Certified System, bringing AI within reach for organizations that run their applications on industry-standard enterprise data center infrastructure.
In collaboration with the Swiss National Supercomputing Centre (CSCS) and Hewlett Packard Enterprise (HPE), NVIDIA together announced that they are creating what is expected to be the world’s most powerful AI-capable supercomputer. Alps will be available from 2023.
Stay tuned for more updates from GTC 2021


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The last handful of hours have seemed like an eternity has passed. The amount of news, discourse, rage, and sweeping trends across the internet has created both a time void and a time suck, speeding up the minutes and slowing down the days of our quarantine lives. So when the story broke that a worker was fired for wearing a Black Lives Matter face mask to work at his Taco Bell, the internet reacted with swift and furious vengeance despite a corporate apology.
Thus is the way of Twitter.
So once #RIPTacoBell began trending, it was only a matter of time until more fuel got added to the flames, with lots of conversation about additional things, like Yum! Brands ($YUM) donating to GOP campaigns including the Presidential reelection committee through a Super PAC. This article isn't meant to get into the details of any of these points (this link covers restaurants donating to political candidates quite well) but is instead meant to show that Taco Bell was in trouble on social media long before this week happened.
For two straight years, Taco Bell has been losing 3% of its 10+ million likes on Facebook. The 'Talking About' count has also been extremely low these past few months, but that's probably connected to people not being able to go out as much during the global pandemic. Fast food establishments everywhere have been forced to temporarily close and find ways to deliver/serve food without contact, like curbside pick-up and new safety restrictions around the drive-thru lane. You ever been greeted by an employee outside with a tablet taking orders?
From mid-March until now, Taco Bell has also been losing followers on Twitter. This has to be mainly COVID-19's fault, as the #RIPTacoBell hashtag has only been trending for a day or so at this point.
The pandemic has caused all of the Yum! Brands to plateau in follower growth on Instagram as well, which usually sees a constant uptick in followers over time. Month over month the numbers are very flat, so teenagers bored this summer clearly aren't loitering at their local Taco Bell like we all used to back in the day. And just to cap off this entire trainwreck of a story/PR disaster for Taco Bell, here is an official statement from a spokesperson:
"We believe Black Lives Matter. We were disappointed to learn about the incident that took place in Youngstown, OH. We take this very seriously; we have been working closely with our franchisee that operates this location to address the issue. Our Chief People Officer and Yum!'s Chief Diversity and Inclusion Officer spoke with Denzel last week to apologize and discuss the situation. Our goal is to ensure our policies are inclusive and keep our team members and customers safe."
About the Data:
Thinknum tracks companies using the information they post online - jobs, social and web traffic, product sales, and app ratings - and creates data sets that measure factors like hiring, revenue, and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales.


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Ceat Tyres lines up investments to scale up production as demand rebounds
Tyre major Ceat is aiming at increasing production capacity to around 1,400 tonne a day over the next 18 months as it looks to cater to the enhanced demand in both domestic and export markets, a top company official said.
The RPG Group flagship expects demand to gather pace in the domestic market in the next few quarters. The company is already witnessing demand recovery in several of its export markets with improvement in Covid situation in those geographies.
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The company, which produces tyres for all kinds of two- wheelers, passenger and commercial vehicles, plans to invest about ₹1,000 crore capital expenditure for various expansion projects this fiscal year.
"Our total production capacity is around 1,100 tonne per day and we will be looking at taking this up to 1,300 to 1,400 tonnes per day over the next 1.5 years," Ceat Managing Director Anant Goenka told PTI in an interaction.
He noted that the company has already initiated a slew of investments to enhance production capacities across its various plants.
"We had announced a ₹3,200 crore investment in the passenger car facility in Chennai. The plant is ready for the last one year and we are at good levels of capacity utilisation there.
"We have also done around ₹100 crore investment in the off highway tyre segment expansion and another ₹1,200 investment on truck radial tyres. So various investments are underway," Goenka stated.
In the ongoing fiscal year, the company would be investing about ₹1,000 crore across various plants to enhance capacities, he added.
Goenka noted that the first quarter was challenging for the company as demand dipped due to the second wave of COVID-19 .
"It was a challenging quarter from two perspectives. Firstly, we saw demand slowing down as a result of second wave of COVID-19. In April and May there was substantial slowdown due to various lockdowns and restrictions and original equipment manufacturer(OEM) demand was also hit with automotive companies shutting down their factories for many weeks," he noted.
Life time high prices of various essential commodities like rubber is another big challenge which the company faced during the June quarter, Goenka stated.
"We are taking price increases to compensate for that but it is not yet commensurate to the kind of raw material inflation we are witnessing," he added.
In June, things started to pick up and in July things are quite close to normal levels, Goenka said adding that the company is also trying to control its own costs and any discretionary costs have been brought down considerably.
On business outlook for the rest of the fiscal year, he said:" We are quite optimistic about the demand returning. We already have seen close to normal levels between June and July. Particularly in the passenger vehicles and two-wheeler segments the situation is much better but demand recovery is taking a bit longer in the commercial vehicle space."
Goenka said that margin pressures will be there in the second quarter.
''Hopefully, we will take some price increase between July and September to make up for this and with overall demand having stabilised at normal levels, I think the second half of the current fiscal year would be much better than the first half," he added.
The only caveat here is the coronavirus situation, Goenka said.
"Are we going to have a third wave? If it is there how bad would it be? My view is that even if there is a third wave it would be muted in comparison to what we saw in the second wave because the vaccination process is there now," he noted.
Goenka said the company is already witnessing business growth in the overseas markets with improvement in the COVID situation.
The Mumbai-headquartered company currently exports tyres to about 80 countries and revenues from these shipments account for around 12-13 per cent of the company's overall revenues.
Goenka noted that exports were an important part of the company's overall business plans.
"Currently, we are focusing on certain geographies like Europe which are very important for us. We have recently entered Germany with passenger car tyres and we are witnessing good growth there. In the off-highway tyre space, the US is a very important market for us.
"Another important area is South East Asia. These are geographies where we are focusing and whatever excess capacity there has been, we are trying to sell in these markets," he said.
When asked if the company is looking to enter new markets, Goenka said: "We are already exporting to 70-80 countries right now, so it is about going deeper in these markets rather than adding more countries."
He noted that export revenue is expected to go up this fiscal year due to lower demand in the domestic market.
"However, it would come down or stabilise because the demand in the domestic market would continue to be strong going ahead," Goenka stated.
Founded in 1958, Ceat is one of India's leading tyre brands and the flagship company of the RPG Group.


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The Manchester Christmas markets are a hotbed of festive activity in the city centre, but with the abundance of cheese stalls, hog roast and German sausage, it's not a very vegan-friendly affair.
This year, vegans can have their bratwurst and eat it too, at an alternative, plant-based Christmas fair.
The Manchester Vegan Christmas Festival will take place at the Grade II-listed Victoria Baths this December.
The event will feature a 100% vegan market with street food, artisan food products and more stalls selling a host of great gift ideas.
Food stalls will serve up an array of vegan treats, including traditional Christmas bratwurst and other Bavarian treats.
A range of vegan doughnuts will be served up by Doughliciousss, plus there'll be warm cookie dough, ice cream, and chocolates from the Vegan Choc Shop.
Even plant-based pups will be catered for by Vegan Poochy treats.
To drink, there will of course be mulled wine, hot chocolate, as well as vegan cocktails, a fine selection of First Chop beers and Steep Soda soft drinks.
Plus, sample a range of all-natural wines from the vegan wine shop, and find the perfect bottle to take home for yourself or loved ones.
Manchester's first zero waste shop will be popping up at the event. A plastic and packaging free venture, Flourish encourages shoppers to bring their own jars, bottles, bags, or whichever container of choice, to take home food in.
There will also be beautiful Scandinavian-style jewellery and homewares from Nordic Muse.
The festive season can be a hectic time of year, so visit the Take a Breather stall with Chris, who will be offering Indian head massages and other express treatments at the event.
For the kids, there will be a Santa’s Grotto and craft centre where they can make small Christmas decorations to take home.
Live music will be playing all weekend courtesy of the house Oompah band.
The event will raise funds for Manchester’s homeless charity Barnabus who will be on hand offering charity gift wrapping services for any purchases made at the festival.
Plus, they'll be showcasing some of their ReNu furniture which has been restored by members of Manchester's homeless community.
The Manchester Vegan Christmas Festival takes place at the Victoria Baths on December 1 and 2, from 10am to 5pm both days.
Early bird tickets are on sale now and cost £5 for adults and £3 for children, with free entry for children under five.
Tickets are available here.


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New whisky producer for city
Holyrood doubles size of team ahead of July opening
Distillery team ready for big day
Holyrood Distillery and visitor experience in Edinburgh has doubled the size of its team ahead of its opening in July.
After its first year of operation, the distillery expects to have in the region of 35 full-time employees.
Elizabeth Machin is the latest addition to the distilling team. She recently graduated with an MSc in Brewing and Distilling from Heriot-Watt University, following in the footsteps of fellow Heriot-Watt alumni Jack Mayo, head distiller.
Debs Newman, the distillery’s visitor experience director, who was previously at the V&A in Dundee, will now be supported by Holly Aynsley as visitor perations and events manager; Jen Wallace as retail and admissions manager; and Liam Robertson as tourism business development manager. In addition, Ian Gemmell is finance Manager.


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Announcing its fourth quarter earnings, HP dramatically announced that it is writing off $8.8bn of goodwill and intangible assets relating to its acquired Autonomy business. Worse, it has accused former Autonomy management of accounting ‘improprieties and misrepresentations", and referred its evidence to the US Securities and Exchange Commission’s Enforcement Division and the UK’s Serious Fraud Office for civil and criminal investigation.
HP said it is preparing to seek redress against various parties in the appropriate civil courts to recoup what it can for its shareholders. "The company intends to aggressively pursue this matter in the months to come," it said.
The former management team at Autonomy, which includes founder and former CEO Mike Lynch, made this statement in response: ""HP has made a series of allegations against some unspecified former members of Autonomy Corporation PLC’s senior management team. The former management team of Autonomy was shocked to see this statement today, and flatly rejects these allegations, which are false. HP’s due diligence review was intensive, overseen on behalf of HP by KPMG, Barclays and Perella Weinberg. HP’s senior management has also been closely involved with running Autonomy for the past year."
"It took 10 years to build Autonomy’s industry-leading technology and it is sad to see how it has been mismanaged since its acquisition by HP," the former management team’s statement read.
But the systems, software and services vendor said it had been impossible to put a fair value on Autonomy prior to its purchase because, "Some former members of Autonomy’s management team used accounting improprieties, misrepresentations and disclosure failures to inflate the underlying financial metrics of the company, prior to Autonomy’s acquisition by HP. These efforts appear to have been a willful effort to mislead investors and potential buyers, and severely impacted HP management’s ability to fairly value Autonomy at the time of the deal."
HP said it started investigating after a senior member of Autonomy’s leadership team came forward, following the departure of founder Mike Lynch, alleging that there had been a series of questionable accounting and business practices at Autonomy prior to the acquisition by HP. "This individual provided numerous details about which HP previously had no knowledge or visibility," HP said.
HP began an "intense" internal investigation, including a forensic review by PricewaterhouseCoopers of Autonomy’s historical financial results, under the oversight of John Schultz, EVP and general counsel, HP.
"As a result of that investigation, HP now believes that Autonomy was substantially overvalued at the time of its acquisition due to the misstatement of Autonomy’s financial performance, including its revenue, core growth rate and gross margins, and the misrepresentation of its business mix," HP said.
The firm said its investigation is ongoing, but that examples of the accounting improprieties and misrepresentations include: "The mischaracterisation of revenue from negative-margin, low-end hardware sales with little or no associated software content as "IDOL product," and the improper inclusion of such revenue as "license revenue" for purposes of the organic and IDOL growth calculations. This negative-margin, low-end hardware is estimated to have comprised 10-15% of Autonomy’s revenue."
It said another example included, "The use of licensing transactions with value-added resellers to inappropriately accelerate revenue recognition, or worse, create revenue where no end-user customer existed at the time of sale."
HP bought Autonomy for $11.1bn in August last year, which makes HP’s goodwill and intangibles write-down of $8.8bn all the more staggering. It’s not the first time it’s had a huge write-down related to an acquisition in recent times, however. In August it announced that it was taking a write-down of $10.8bn, mostly related to its acquired EDS business; it acquired EDS for $13.9bn.
Victor Basta, managing director of Magister Advisors, which advises technology companies on exit strategies, blamed HP’s acquisition strategy for the current challenges in the Autonomy business: "HP’s pursuit of a "buy software to get out of hardware" strategy has failed. Autonomy was always an off piste deal. Many large businesses will do a series of bread and butter mid-sized deals, but in HP’s case they went for broke," Basta said.
He added, "HP would have been far better off targeting, like IBM and Dell, a range of smaller acquisitions, with more predictable revenue, and which they could gradually build around. It takes a decade, not a year, to achieve this kind of change. HP’s culture has however made it impossible. Transitioning from a hardware business to a software business requires a fundamental shift in corporate culture – and that is something that you simply can’t buy."
HP’s fourth quarter results were below most analysts’ expectations. The company posted revenue of $120.4bn, down 5% year on year. GAAP loss per share was $3.49.


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A few weeks ago, we had an opportunity to speak with Reyasat Chowdhury, the always excellent Co-founder and CEO of Shuttle.
The conversation is intellectually empowering in its entirety and we talk about the ecology of mass transportation, how mass transportation works, the B2B transportation market in Bangladesh, Shuttle’s model for affordable mass transportation, the state of Shuttle’s business, its ambition going forward, business building, and raising investment and much more. Read a lightly edited transcript of the conversation here.
ShopUp, a Dhaka-based B2B commerce startup digitizing neighborhood shops with an ecosystem of solutions from marketplace to logistics to capital, announced that it has raised $75 million in a Series B funding round. The round is led by Peter Thiel’s Valar Ventures and participated by new investor Prosus Ventures and existing investors Flourish Ventures, Sequoia Capital India, and VEON Ventures. This is the largest round raised by any Bangladeshi startup so far and also the first investment in the country by Valar and Prosus.
ShopUp raised its $22.5 million Series A in October last year. The new investment brings the startup’s all-time raise to over $100 million. Read the story here.
In this collection of lessons from founders, we feature favorite books from 5 founders. Founders featured in this collection are: Dr. Nazmul Arefin Momel is the Co-founder and CEO of ToguMogu. Sarjeena Maodud is the Co-founder and CEO of Sheraspace. Mizanur Rahman is the Co-founder of Dorik. Sheikh Shourav is the co-founder and President of Apploye. Eddie Bearnot is the co-founder and CEO of Frontier Nutrition. Link.
Raising investment is a skill. Having an excellent idea, even sometimes early traction does not guarantee that you will be able to raise investment. Sometimes you might end up raising investment from the wrong investors. So you must spend time learning the tricks of the trade.
Shuttle Co-founder and CEO, Reyasat Chowdhury, puts this beautifully: “For me, the key takeaway is the importance of being connected with the right people who can teach you the process and the tricks of the trade. It could be an international accelerator program or an international venture capital firm. It is not something you can learn from talking to someone. You have to go through the process and learn by doing. You have to spend time behind it. Initially, it would be challenging, but after a while, it gets easier.”
Shuttle has raised two rounds of investments over the last few years. The company raised a $750k seed round in June this year.
In a recent interview with Future Startup, Shuttle Co-founder and CEO Reyasat Chowdhury generously shared his fundraising lessons and tips for other founders who want to raise investment. Read a lightly edited version of his responses here.
In our latest edition of Bangladesh Tech Briefing, we go deeper into the rise of B2B commerce, Pathao Pay, Genex Infosys’s logistics aggregator Loginex and Quora’s paid subscription service Quora+. Link


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Free web-building workshop
INTERNET| April 23, 2012, 12:38 p.m.
Thousands of business owners are expected to take part in Google’s Get Nigerian Business Online (GNBO) Web Fair this week.
The programme aims to help small and medium-sized businesses to create their own free websites. Since the launch of the project last year, over 20 000 sites have been created.
The event will be staged at the City Hall, Catholic Mission Street, in Onikan, Lagos on April 26 and 27.
The event is open to all SMEs that want to gain an online presence via a website.To register, go to http://www.gnbo.com.ng/event2012
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Uganda has launched the fifth Annual Communications and Innovation Awards, which celebrate and foster ICT innovation and achievement.
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