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"Boost trade, economy"
During Ambassador Kirk's trip to Florida on February 24, he sat down with the Orlando Sentinel. He spoke about how trade is vital to America and Florida's economic recovery. Read an excerpt of the Orlando Sentinel article and the full article here.
"Speaking in Orlando this week, the United States' point man on international trade delivered a simple but powerful message: trade supports millions of U.S. jobs, and expanding it must be a part of reviving the U.S. economy.
The message from U.S. Trade Representative Ron Kirk resonates in the Sunshine State, where hundreds of thousands of people owe their livelihoods to trade. Florida is the fifth highest exporting state, sending more than $47 billion in goods abroad last year.
The annual value of Florida exports has roughly doubled since 2003. The leading categories are electronics, transportation equipment, chemicals and machinery. Orlando ranks third behind Miami and Tampa among metro areas in Florida for exports.
... In fact, U.S. manufacturing exports support almost 6 million jobs, one in six in that sector, according to Mr. Kirk's office. Agricultural exports support more than 800,000 jobs. And people in export-related jobs earn at least 13 percent more than the U.S. average.
In Florida, trade isn't just for big business. Of the 33,500 companies that exported from the state in 2007, more than 31,000 were firms with fewer than 500 employees. Those firms' exports made up almost two-thirds of the value of goods sent abroad from Florida, the highest share for businesses in that category in any state."


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Lotus promised in February that the newly revealed Evora 400 could smash its predecessor’s lap record at the Hethel test track in England, and today the company has delivered.
Completing its record lap of the 3.5 kilometre track in the weeks before being unveiled, the 400 locked in a 1 minute 32 second time - a neat six seconds quicker than the Evora S before it.
“Our commitment to reducing weight to create a lightweight and efficient supercar has paid off,” Lotus boss Jean-Marc Gales said.
“The extra 55hp (41kW) in conjunction with the 22kg weight reduction and the tremendous traction from the limited slip differential (LSD) lead to benchmark handling”.
"Internally, we all knew that the Evora 400 would be capable of exceeding expectations,” he added.
First deliveries of the Evora 400 in Europe are expected to begin around August.
Speaking with TMR in February, Lotus Australia General Manager, Glen Sealey, said that while local timing is still to be confirmed, an early 2016 date is the goal.
Mr Sealey also confirmed that the Evora 400 will be offered as a new flagship above the regular Evora range, rather than as a replacement for the Evora and Evora S models.
- Interested in buying LOTUS EVORA? Visit our LOTUS EVORA showroom for more information.

domain: news


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U.S. Census: The Small Business Pulse SurveyMarch 15, 2020
Featured: U.S. Census survey shows Michigan’s small businesses hardest hit by COVID-19 — May 15, 2020
The Small Business Pulse Survey, a new weekly experimental data product from the U.S. Census Bureau, has released the first week of results showing the effects of COVID-19 on the nation’s small businesses. The majority of respondents (51.4%) stated the crisis is having a large negative effect on their business. Industries reporting the greatest share of large negative effects include food and accommodation, arts and recreation, and education.
The first of a nine-week survey shows Michigan being the hardest hit, with 65% of respondents saying the virus had a large negative effect on their business. In Michigan, 80% report decreased revenues, while 59% have had temporary closures and 35% are cutting the number of paid employees.
The U.S. Census Bureau is sending the survey to roughly 885,000 non-farm, single location businesses with fewer than 500 employees and receipts of $1,000 or more. The first week of data was collected April 26-May 2, 2020, with 22,449 businesses responding. The Small Business Pulse Survey includes information on location closings, changes in employment, disruptions in the supply chain, the use of federal assistance programs, and expectations concerning future operations.
National and state data visualizations of the survey results can be found on the U.S. Census Bureau website.


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Delivery Hero starts its mission for global market leadership with a rebrand, new logo, TV campaign
Global food ordering network Delivery Hero has unveiled its first major rebrand since the company launched in 2010. Changes include a new logo, site design and complete platform overhaul in Delivery Hero’s core markets, Germany and UK. Berlin-based Delivery Hero is now the largest food ordering network in the world, with more than 50,000 partner restaurants. This is a further step in the company’s mission for global market leadership.
Visualised in the new ‘shooting star’ logo, Delivery Hero clearly communicates its promise to give customers access to great food, hot and on time. Niklas Östberg, Delivery Hero CEO, adds, “The rebrand is reinforcing our core value – bringing customers the food they want, quickly and easily. This value will be communicated throughout the new campaign.”
The company’s online and app platforms have been rebuilt so customers and restaurant partners will benefit from improved technology and user experience. Strong emphasis has been put on ease, choice and quality. In Germany and UK the revelation of the refreshed brand image is accompanied by extensive TV campaigns based around the ‘Your hunger. Our mission.’ positioning.


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Mar 25, 2011
CONCERN over the implications of a 2006 revision to a federal safety standard is spurring regulators at the National Highway Traffic Safety Administration to reconsider their change. At issue is whether the change, which redefined what constitutes a car’s ignition key, has effectively increased the possibility of accidents caused by a vehicle rolling away.
The matter involves the so-called smart key fobs used in millions of vehicles to replace conventional metal keys. Instead of pins and tumblers, these devices use an electronic code that enables a vehicle to be started either by pressing a button or inserting the fob into a slot on the dashboard.
The problem is that under the revised NHTSA standard for such devices, the vehicle’s engine can be shut off and the key fob removed without the automatic transmission being shifted to the Park position. A spokesman for the safety agency, Jose Alberto Ucles, said in an e-mail exchange that the chief concerns behind the fresh look at the standard “are vehicle roll-away, theft, possible carbon monoxide poisoning and shutting off moving vehicles in the event of an emergency.”
Since 1992, automakers have been required under Federal Motor Vehicle Safety Standard 114 to prevent the key from being removed from the ignition unless the transmission is in Park, a measure intended to prevent the “accidental roll-away of motor vehicles.”
But as electronic fobs became more popular, the agency expanded its definition of the key beyond the traditional physical object to include the electronic codes of smart fobs. This change would prove an unpleasant surprise for some drivers.
“It doesn’t pass the common-sense test,” said Sean Kane, the president of Safety Research and Strategies, a Massachusetts consulting firm that provides research for plaintiff’s attorneys.
A spokeswoman for the safety agency, Karen Aldana, said in an e-mail that automakers originally asked the agency whether an electronic code could be considered a key and they were told that was allowed. “NHTSA doesn’t wish to discourage innovation when it comes to automotive technology,” she wrote.
[via The New York Times]


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Greensfelder team helps close $2.6 billion sale of BP refinery, terminals
A Greensfelder legal team helped close one of the largest energy deals this year – a $2.6 billion sale of BP’s Texas City, Texas, refinery, four terminals and part of its distribution network to Marathon Petroleum Corp. of Findlay, Ohio.
Team leader John Petite and Abby Risner, Chalegne O’Brien and Daniel Garner provided legal counsel for the sale of several assets including branded wholesaler contracts supplying approximately 1,200 retail sites in Tennessee, Mississippi, Alabama and Florida, as well as trademark licensing and brand support agreements.
The team is part of Energy Group, headed by David Harris. Click here to read the story in the February 8 St. Louis Business Journal.


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Christmas shoppers flood Capital Region stores with big bucks
December 13, 2018 07:38 PM
The snow didn't stop holiday shoppers from flooding local stores. In fact, many people say it got them in the holiday spirit.
A new Siena poll out Wednesday finds one in five New Yorkers plan to spend more than $1,000 on gifts this year.
Forty percent plan to do at least half of their shopping online.
Another 68 percent say they will donate to help the needy.
Also, 31 percent plan to do some volunteer work.
Created: December 13, 2018 07:38 PM
Copyright 2018 WNYT-TV LLC, a Hubbard Broadcasting Company. All rights reserved


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Tax Software Company Avalara To Go Private In $8.4B Deal By PE Firm Vista
It seems private equity firms with big bucks are keen on acquiring tech companies and taking advantage of the recent…
It seems private equity firms with big bucks are keen on acquiring tech companies and taking advantage of the recent drop in broader valuations to score discounted prices. This time, the target is Avalara (NYSE: AVLR), a company that makes software for automated tax compliance, and the acquirer is Vista Equity Partners, a tech-focused private equity firm with nearly $100bn of assets under management.
- Vista has agreed to pay $93.50 in cash for each outstanding share of Avalara, a 27% premium to the company’s share price before whispers of an impending merger began circulating. The total cash payment comes at $8.4bn, marking Vista’s biggest deal this year.
- Vista has enormous cash reserves to fund an Avalara acquisition but is nonetheless financing a part of this deal with debt, as many private equity firms do. According to Bloomberg, a group of lenders led by Blue Owl Capital will provide a $2.5bn loan for this deal. Blue Owl is no stranger to doing deals with Vista given it’s a minority shareholder in the private equity firm.
Avalara is one of those tech companies whose names you may not recognize but has a business on solid footing. The company develops software that enterprises use to automate tax compliance in different regions across the globe, saving them considerable headaches.
In 2021, Avalara reported $699mn in revenue and a net loss of $136mn. It didn’t record an annual profit in the last three years, although sales almost doubled within that period. The company makes most of its money from recurring subscriptions, the kind of stable revenue stream private equity firms like Vista often target in a company.
- Avalara was founded in 2004 by Scott McFarlane, who has remained its CEO up to this point. He took the company public in 2018 and after that deployed its bigger cash reserves and liquid stock to acquire over a dozen companies to spur business growth.
- Avalara is selling for nearly quadruple its IPO valuation after just three years on the public markets, a successful run by most standards.
- According to the most recent proxy statement, McFarlane holds about 693,000 shares, directly and indirectly, implying he’ll receive about $65mn from this acquisition. Adding that figure to his previous stock sales of multiple millions, he’s definitely made a lot of money by founding Avalara.
If all goes as planned, this acquisition will close in this year’s second half.


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Free Zones: Brexit Security for British SMEs
Britain’s decision to leave the European Union was the beginning of the end of an era of unified political and economic purpose among European nations that began after the Second World War. Today, almost a year on from that decision, the actual end of that era is not much closer, political chaos, and economic turmoil prevail, and the only certainty surrounding Brexit at this point seems to be uncertainty.
Markets, and the companies that operate in them, abhor uncertainty. As such, It is only natural that in an environment where currency valuation, customs and excise rules and regulations and
even access to your customer base could change from one day to the next, companies – particularly small and medium size enterprises (SMEs) – are beginning to seek other options to a UK base.
Tim Sarson, tax partner at KPMG, has spent a great deal of time and energy analyzing the possible impact of Brexit on his clients, and concludes that many of them are indeed getting itchy feet in the UK.
“Brexit impacts different industries in different ways. It does look as if the UK will end up with customs or border tariffs and that makes the UK less attractive as a hub for companies who consider their UK businesses to be a European base,” he says “Where companies think they may now have a supply chain problem, one response might be to ensure they have a fallback option within the EU, so that could lead to locating an office in Ireland or Holland, for example.”
Free zones present an attractive option for companies looking to relocate outside their primary jurisdiction, as they tend to offer advantageous tax regimes, helpful business setup programs, and a ready-made community of like-minded entrepreneurs on hand to advise and to trade with.
“Companies tend to use free zones in places like the UAE or Singapore or those in Latin America, when they want logistics hubs for a particular region,” Sarson says. “One of the things that Brexit has done is to force companies to really think more widely about their location. Brexit has been the trigger for discussions about where companies should locate shared services, where their headquarters should be, and what their international supply chain looks like.”
The uncertainty of Brexit is perhaps counterintuitively leading SMEs to take greater risks than they ordinarily would, and to take the leap into geographical diversification. “Businesses are realiZing that it could be less risky to diversify and not be entirely dependent on one country or region,” Sarson says. “For instance, in the university sector this has been one of the responses to Brexit. A university we are advising is considering setting up a new campus in either the UAE or Singapore because they want to tap into new sources of income, attract new students and have identified the Middle East and Asia as places where they want to have a presence.”
Dubai, with more than 30 free zones including DMCC, named Global Free Zone of the Year for the past two years, is enjoying a particularly strong flow of British SMEs seeking to broaden their global reach as the uncertainty of Brexit persists.
“There has always been a steady flow of companies looking to set up in Dubai because of the region itself and the access it gives to the Gulf Cooperation Council,” Sarson says. “These days it is not just about the tax advantages, because there are other zero tax locations. But also that lots of companies are setting up there as a hub location for the Middle East or the Subcontinent, particularly in oilfield services or commodities. If a company decide on a restructuring or pivot away from say North America and Europe, then Dubai, because of its great flight connections, may well benefit.”
SEKO Logistics Taps MyFBAPrep to be Preferred Amazon FBA Partner


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The colorful world of bugs is coming to your dinner plate. Actually, it’s already there, you probably just don’t know about it. Beginning in 2011, you’ll be told when you’re sipping bug juice. Researchers have found that an insect extract known as cochineal extract or carmine can cause sickness or even death. The U.S. Food and Drug Administration has ruled that companies must list the item on labels. The crushed, dried bugs create a brilliant red dye used in some cheese, yogurt, ice cream, fruit drinks, alcohol and cosmetics to make them pink, purple or reddish. The colorful insect lives on cacti in Mexico but also can be found in Oklahoma, including Oklahoma County and the Wichita Mountains, said Neil Garrison, recently retired naturalist with Martin Park Nature Center. The industry moved to the bugs because of concerns about artificial colorings’ links to cancer, including the now-banned Red Dye No. 2. "I think it’s more common because it’s considered a more natural extract,” said Christina Dewitt, an Oklahoma State University food chemist. "Anything that comes from a plant or animal is an extract that is considered not artificial. ... Natural colorings have become more popular.” Some manufacturers voluntarily list cochineal or carmine on labels. In a quick check at a local grocery store, The Oklahoman found that strawberry Yoplait yogurt and Jumex strawberry nectar labels specifically list the substance. Other foods and drinks contain the extract but list it as "natural coloring,” as is allowed.
Health risksAbout one in 10,000 people may have a reaction to the substance. Also, the FDA estimates up to 15 million Americans would avoid the substance because they are vegetarians or for religious reasons. In one case, University of Minnesota allergist James Baldwin reported that a woman who’d eaten a red frozen ice product three hours earlier arrived at an emergency room with hives, asthma and virtually no blood pressure. She was stabilized. Baldwin’s tests and research showed that the frozen ice had two "natural” color additives, including cochineal extract. He pinpointed her reaction to cochineal extract. The executive director of a consumer watchdog group, Center for Science in the Public Interest, learned of that reaction and others in the late 1990s. The group filed its first FDA petition in 1998 seeking labeling for the substance, more research and a possible ban. The FDA also learned of at least 11 adverse event reports linked to the substance. The FDA received numerous comments on the issue, including one suggesting labeling would burden manufacturers because some customers might avoid products. The FDA rejected that notion. So did Jeff Cronin, Center for Science in the Public Interest spokesman. "How about food manufacturers color their food with real food?” he said. "Why use Red 40 or carmine to color your strawberry yogurt red? Why not use real strawberries?”
Oklahoma livingLook around Oklahoma County and you can find prickly pear cactus spreading out in the sunshine in overgrazed pastures or wherever the soil’s not the best. Get close and you might see what looks like dabs of tissue paper stuck on the plant. That’s the protective shield made by the tiny insects. If you scrape up some, put it on your hand and squish it, red juices pop out, Garrison said. "I think it’s a pretty benign additive to foods, in my opinion. Probably the shock value ... people say, ‘What? They’re intentionally putting bugs in stuff I eat?’ That has a grossness factor to it,” Garrison said. "If you get right down to it, like honey, that’s a direct product of insects.” He said the issue is much like how bees make honey: they take up flower nectar, process it in their stomach and regurgitate it. "What if they relabeled bee honey, ‘bee vomit?’” Garrison asked. He said he has no problem with the labeling requirement or concern over the bug derivative’s use. Not everyone feels the same way. "We’ll have to decide, natural products with allergic problems or artificial dyes with cancer problems,” Dewitt said. But Cronin said he’ll continue to pore over labels, searching for cochineal extract or carmine. He said manufacturers should go with the other option. "I think, like a lot of people, I prefer my food be colored by real ingredients,” he said. "Not bugs or chemicals.”


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STR: Preliminary December data for Jeddah hotels
STR’s preliminary December 2017 data for hotels in Jeddah, Saudi Arabia, indicates significant supply growth and negative performance.
Based on daily data from December, Jeddah reported the following in year-over-year comparisons:
Supply: +7.0 percent
Demand: -2.0 percent
Occupancy: -8.4 percent to 45.1 percent
Average daily rate (ADR): -4.1 percent to SAR694.85
Revenue per available room (RevPAR): -12.1 percent to SAR313.45.
STR analysts note that while room demand has fallen, a jump in new supply continues to worsen occupancy levels and pressure rates. The absolute occupancy level would be the lowest for any December on record in Jeddah, while the ADR value would be the lowest for a December since 2010.
STR will release full December and total-year 2017 results later this month.


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Virtual reality and its oversize helmets. The Segway scooter. AT&T's Picturephone from 1964? These tech innovations and more were supposed to change your life. Whoops!
AT&T Picturephone (1964)
Bubble Memory (1970s)
Virtual reality (1990s)
Internet appliances (circa 2000)
Foveon X3 camera technology (2002)
Municipal Wi-Fi (2004)
RFID everywhere (2004/2005)
HD Radio (2006)
Google Wave (2009)
See another slideshow: 15 tech products that failed early adopters
"Revolutionary" is a term that the tech industry likes to throw around. A case in point is last week's announcement of Lytro, a type of camera that promises to eliminate the need to focus on a subject before snapping a picture.
We offer the fine folks at this startup our best wishes, but we can't help but be skeptical. After all, we've heard bold predictions of revolutionary impact before, and the results haven't always been pretty. For skepticism's sake, let's review 12 ballyhooed tech revolutions that didn't pan out.
More tech failures:
- Get the latest insight on the tech news that matters from InfoWorld's Tech Watch blog


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Responding to a question from the audience at the Code Conference event he attended a few weeks ago, Apple CEO Tim Cook said “buy your mom an iPhone.” The executive offered the reply to a reporter asking about Apple’s plans to embrace RCS on iPhone, a richer communication text messaging system than SMS that Google uses on Android. This is part of the famous blue vs. green text bubbles dispute that Google is still entertaining in the US in its desperation to somehow convince Apple to get on board.
The reporter said that he and his mother find it difficult to send photos and videos to each other because she uses an Android device. That’s where Cook came in.
While some people might not appreciate the response as new iPhones are more expensive than most Android handsets, Cook’s advice is sound. You should buy your mom an iPhone if Android gets in the way of your texting. And the same goes for your dad. But that doesn’t necessarily mean buying one of the four iPhone 14 models that Apple just launched, which start at $799.
Today’s Top Deals
- Amazon Prime Early Access Sale: 42 best early deals to shop now
- Best Apple Watch deals and sales for October 2022
- Best Cyber Monday deals 2022: date, sales, and what to expect
- Today’s deals: $18 Echo Dot, $20 Fire Stick, $400 off MacBook Pro, Sony TVs, AirPods sale, more
Trending Right Now:


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In a letter sent Tuesday to shareholders in his activist investing firm, Pershing Square Capital Management, Ackman said he might sell his stake in J.C. Penney Co. Inc. and acknowledged a series of mistakes while investing in retail.
But he also vigorously defended his track record, offered nuanced explanations of his missteps and gave no ground to his detractors.
In short, even after a series of setbacks, William Ackman remains William Ackman — and he isn’t going anywhere.
“We are going to make mistakes,” Ackman wrote. “Because we manage a large pool of capital and we make active investments in large capitalization, high-profile companies, our mistakes are often going to be much more visible than those of other investment professionals.”
While noting the activist investor needs “thick and calloused skin,” Ackman said his company’s high profile would “continue to be a sustainable competitive advantage.”
The investor has been sorely criticized for his role at Penney’s, where he took a stake in 2010 and later helped install Ron Johnson as chief executive officer. Johnson’s effort to transform the firm into a series of shops-in-shop led to a 25 percent sales decline and a $1 billion loss from which the company is still struggling to recover.
Ackman described the Penney’s investment as a failure and said the stock is down more than 40 percent versus his cost to build the stake. He also noted investments in Borders Group and Target Corp. were failures. “Clearly, retail has not been our strong suit, and this is duly noted,” he said.
Ackman said Penney’s was “a higher-risk, higher-potential-reward investment.” He also noted his vocal support for Johnson “caused the media to conclude erroneously that we were controlling the decision making at the company despite the fact that we had only one seat on J.C. Penney’s 11-person board. All of the board’s decisions with respect to replacing Mike Ullman and hiring Ron were unanimous.”
Myron “Mike” Ullman 3rd was brought back in as ceo in April to stabilize the company, but the search for a new leader to take the reins on a more permanent basis was slower to start than Ackman expected.
“Mike settled in as a longer-term ceo and began to make a series of material changes in personnel and operations that were not consistent with the actions of a typical interim ceo,” the investor said. “We also began to have concerns about capital investment plans, cost control, inventory management and the business-planning process.”
Ackman aired his views publicly, sparking a board battle that ultimately saw him step down as a director of Penney’s this month. “Sharing our concerns publicly has the benefit of focusing all constituents inside and outside the company on these issues,” he said.
Penney’s stock could rise substantially from current levels, Ackman said, noting it was hard to tell how long the recovery would take.
“We may choose to exit J.C. Penney after more or less time depending on developments at the company, the stock price and the availability of other investment opportunities,” he said.
Pershing Square held Target’s stock for more than 19 months after he failed to remake the board in a proxy battle.
Procter & Gamble Co. is also on the investor’s radar. Ackman pushed to oust Bob McDonald, former ceo, who ultimately stepped down and was replaced by his predecessor, A.G. Lafley.
“Lafley will enhance organic growth, accelerate P&G’s existing cost-cutting program, increase innovation, implement a succession plan and improve employee morale significantly,” Ackman said. “With a meaningful portion of his net worth invested in P&G stock and options, and a legacy as one of America’s greatest chief executives on the line, Lafley is incredibly motivated to turn around P&G in a timely fashion.”
Pershing Square sold a portion of its stake in P&G for “portfolio management reasons,” but still has 5.3 percent of its funds invested in the company.
Ackman said 16 of the 19 companies Pershing Square has invested in have been successful, while four of the five of the firm’s short positions have panned out. He put the controversial Herbalife investment in the undecided column.
There'll be no rest for those headed to Europe for men's, as Paris just closed the gap with Milan. According to a provisional calendar released by the Chambre Syndicale, Paris Men's Week will now open a day earlier on January 16. See new highlights on the official lineup on WWD.com. #wwdnews #wwdfashion (📷: @kukukuba)
BREAKING: Jonathan Saunders is leaving @DVF. The designer has resigned from his position as chief creative officer of Diane von Furstenberg, the company said in a statement on Friday. At the time of his hire, von Furstenberg said Saunders’ arrival symbolized and facilitated her stepping back from the day-to-day duties that occupy the work of a full-time creative director. The British designer joined DVF in May 2016 and was in charge of all product categories. #wwdnews
For @versace_official’s spring ad campaign, the brand emphasized the archival prints from the spring tribute collection dedicated to the late Gianni Versace. Closing out the show were five of Gianni’s favorite models: Cindy, Naomi, Carla, Helena, and Claudia. Bowing on December 18, the new campaign is yet another tribute to supermodel-dom as the images by Steven Meisel are fronted by @iamnaomicampbell, @cturlington, @gisele and more. #wwdfashion
Four-time Oscar-nominated actress Annette Bening has been waiting 20 years to play Gloria Graham in "Film Stars Don't Die in Liverpool," which will be released on December 29. The movie about Graham – a Hollywood star known for her controversial relationship with a younger Englishman named Peter Turner – is based off a memoir Turned wrote. "She felt vulnerable to him, because she loved him, she really did love him. And anyone that we really truly are in love with, we re vulnerable to in a very deep way," said Bening. Read our full interview with the modern icon of an actress on WWD.com. #wwdeye (📷: @ninebagatelles; Styled by @cristinaehrlich)
The crisp white button down: a staple that can be dressed up or down and accessorized throughout the decades. Here, on a Art Basel-goer in 2017 on the left and on the iconic Audrey Hepburn in “Roman Holiday” in 1953 on the right. #tbt #wwdfashion (📷: Andrew Morales)
Known for her work with @victoriassecret, 25-year-old model @georgiafowler is raising her profile in Hollywood. Fowler stars in @vincecamuto’s holiday campaign, which launched in partnership with “Pitch Perfect 3.” “Almost every shoot with Vince Camuto, I’ve had to face a fear…It was definitely a challenge. I’m so grateful for it, though. I’ve always wanted to be a pop star, so that was the perfect chance,” Fowler said. Head to WWD.com to read about Fowler’s experience modeling, including at the #VSFashionShow, and her relationship with Nick Jonas. #wwdeye (📷: @jilliansollazzo)
EXCLUSIVE: Huda Kattan just became the first beauty influencer to land a major beauty deal. Kattan's business, @hudabeauty, has received a minority investment from private equity firm TSG Consumer Partners. The brand, which industry sources say is on track to do $200 million in retail sales for 2017, will receive support on product, retail and geographic expansion through the deal. Get all the details on the deal and read @_a_collins' interview with Kattan on WWD.com. Link in bio. (📷: @jgreenery) #wwdbeauty #wwdnews
Peruvian model @juanaburga_official – who is known for walking the runways of @rodarte, @viviennewestwood and @torybuch – is making the move to the big screen with drama “Los Últimos.” The film premiered in Argentina in November and arrives in the U.S. and Europe in 2018. On making the switch from modeling to acting, Burga told WWD: “It’s a completely different thing – a lot of people think it’s similar or try to connect things, especially like getting used to the camera or being looked at all the time or playing these different characrers, but film is a completely different story.” #wwdeye (📷: @jgreenery)
London’s newly opened @designmuseum will look back on the life and work of Azzedine Alaïa in a show that the designer helped to curate before he died of heart failure last month. The retrospective, which Alaïa had worked on with Mark Wilson, chief curator of the @groningermuseum, will look at the impact of his work worldwide. The show, “Azzedine Alaïa: The Couturier,” will run from May 10 to October 7. Read more about the exhibit on WWD.com #wwdnews #wwdfashion (📷: @zefashioninsider)


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Tulsa sees high prices for medical marijuana with scarce supply
The Associated Press and Tulsa World - November 10, 2018 8:43 am
(Information from: Tulsa World, http://www.tulsaworld.com)
TULSA, Okla. (AP) – A limited supply of medical marijuana in Tulsa means patients are paying premium prices and businesses are running out of products.
The Tulsa World reports that Healthy Buds Dispensary in Tulsa sells out of medical marijuana faster than owner Michael Monroe can restock from his Oklahoma City grower.
Monroe says that the few growers ready for production have begun raising prices.
Danna Malone owns Ye Olde Apothecary Shoppe in Tulsa. She says most of the state’s medical marijuana industry is waiting to sell products until January, after most of the harvests are projected to be completed.
Malone says most businesses are waiting because of the high prices, but she’s also turned down purchasing some medical marijuana because she was unsure if it was tested and didn’t know its quality.


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Take Two announced a generous severance package for its employees as a result of
for the company.
The Financial Times reports that in a regulatory filing late on Friday, Take Two said its Board had approved a package for employees in the event that they lose their jobs as a result of a takeover.
They would receive as much as 1.5 times their salary and bonus for up to 18 months.
According to the FT, EA has already expressed its "surprise" at the compensation package Take Two’s management team – incuding chief exec Strauss Zelnick – won for itself last month while talks with EA were being held in private.
Salaries and possible bonuses were more than tripled and restricted shares were awarded worth millions of dollars. The executive team is not included in the new severance terms.
EA has said it sees synergies in Take-Two’s corporate and publishing organisations, meaning there would be opportunities for job cuts as EA’s more powerful publishing arm takes over distribution of the titles from Take-Two’s studios.
However, EA CFO Warren Jenson has spoken of how he values Take Two’s creative workforce, referring to them as diamonds” last week.


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(PRESS RELEASE) Canada – December 5, 2022. The Canadian Craft Brewers Association (CCBA) has announced that
Christine Comeau is their new Executive Director. She replaces Rick Dalmazzi who has stepped down
from the role to pursue other opportunities in the Canadian craft brewing industry.
Comeau brings a strong mix of relevant education and experience to the leadership role. She recently
successfully co-chaired the Canada Beer Cup, the CCBA’s inaugural national craft beer competition, led
New Brunswick’s provincial craft alcohol association, held senior marketing positions in a brewery and in
a Niagara winery/distillery, has economic and real estate development experience, and even launched
her own consulting firm, exhibiting her own entrepreneurial spirit.
“The board is thrilled to have Christine at the helm of the CCBA,” says board vice-chair, Steve
Beauchense. “She brings a collaborative and pragmatic approach to advancing our key priorities and
opportunities. Her relationships and relevant market experience means she’s able to hit the ground
“Our nation’s independent craft brewers need a break,” says Comeau. “Anything we can do to minimize
cost and administrative burden will translate into increased economic activity and community vibrancy.”
She explains that craft breweries are making more beer than ever before, but that they’re also making
less money than ever before. “There is tremendous untapped potential for Canadian independent craft
The CCBA’s priorities include modernizing the federal excise duty structure, promoting the Independent
Craft Brewery TM seal, assisting craft breweries with compliance to the CFIA’s labelling and traceability
requirements, forging environmental stewardship through reduction in single use plastics, and
advancing Diversity, Equity and Inclusion (DEI) in the craft brewing industry.
“It’s all about the people,” says Comeau. “I’ll do whatever I can to support craft brewers so they can
continue doing what they do best, and building better communities.”


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In the recent development, Pixel 3 along with Pixel 3 XL are now all set to get unveiled at Google’s launch event which is scheduled for the 9th October 2018. It is now a month away from the event when the tech giant will be unveiling the latest flagships.
The company has released a new teaser in which it was hinted at the possible color variants of the smartphones. Earlier the week, Google has now teased the launch of the Pixel 3 lineup which is via the online store, and now we can see that the company has again put out a new teaser. Before this, there is the number of leaks about the phones which is spread across a few months. In these leaks, it has given the ideas about the phone that the company will be unveiling.
The teaser which was on Japanese site, it said that the Google would be bringing out three colors in this new Pixel 3 series. The tease is said to be interactive with the page comes in which it is written that Coming Soon banner that shows a rectangular service with the company’s G logo that is positioned at the back. This seems similar to the old models. The frame of the phone it seems to be tilting left as well as right along with an inner frame in the phone. When you tap on the teaser. It changes to the two-tone background. It is seen that the top part of the frame is a little bit darker than the rest of the body which is made of all existing Pixel smartphones.
When it comes to the color of the smartphone, the first image of the smartphone shows the Grey top or a White bottom. The image also shows a Neon Green color internal perimeter that can hints at the color of the power button in the upcoming Pixel 3. Another image which is out there shows that the smartphone has got a Black Top along with a Dark Grey bottom. It comes with a no internal perimeter. This type of variant is said to be close to the leaks which have been surfaced out.
The last image which was out there has got an aquamarine-colored frame along with the darker shade at the top. This model is deemed to be referred to as Aqua or Mint models. These color variants are said to be new colors that the company may launch.


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Sen. Tommy Tuberville, R-Ala., on Tuesday led the introduction of a bicameral and bipartisan bill to provide more agricultural leverage in foreign acquisition of U.S. companies.
Tuberville introduced the Foreign Adversary Risk Management (FARM) Act to include the Secretary of Agriculture on the special government committee that approves foreign investment and ownership of businesses for national security, known as the Committee on Foreign Investment in the United States (CFIUS).
Tuberville, in a news release, said the pandemic has underscored the importance of agriculture to ensure the country remains food secure.
"Food security is national security, which is why the agriculture industry needs a seat at the table for the foreign investment vetting process. By adding agricultural supply chains as a covered transaction for CFIUS review, we can safeguard our food supply chains and agriculture industry from bad actors," Tuberville said.
Issues with CFIUS have come up in the past as lawmakers have complained about the lack of agricultural representation. Senators raised similar questions when Chinese-based WH Group bought Smithfield Foods, as well as when Germany-based Bayer bought Monsanto and ChemChina bought Syngenta. Still, CFIUS approved each of those acquisitions and it was unclear how much USDA was allowed to weigh in due to the secretive process CFIUS uses.
Beyond adding the secretary of Agriculture to CFIUS, the bill would add language to protect agriculture from foreign control through acquisitions and it would designate agricultural supply chains as critical infrastructure and technologies. The bill also would add a report to Congress on current and potential foreign investments in U.S. agriculture.
In the House, a pair of Texas congressmen, Rep. Filemon Vela, a Democrat, and Rep. Ronny Jackson, a Republican, both introduced a companion bill.
"Our food systems are vital to our national security and we must be vigilant to preserve their integrity," Vela said. "As we saw following the pandemic, food processing plants were forced to close and shipping routes for agricultural inputs were delayed. It disrupted the supply chains farmers use to get products from the farm to consumers, which contributed to declining food security in the United States. This bill increases federal scrutiny of foreign investments in U.S. industry that could undermine our agricultural supply chains by adding the Secretary of Agriculture to CFIUS and designating agricultural supply chains as key infrastructure under the CFIUS review process."
Jackson added, "Foreign interference in America's agriculture supply chain poses a serious national security threat, especially given that the worst proponent is the Chinese Communist Party. I represent the top-rated agriculture district in Texas, so protecting this vital industry and its overarching supply chains will always be among my top priorities in Congress. Our adversaries are working overtime to undermine American interests, and the FARM Act will be an important step to secure America's food supply by identifying and responding to inappropriate interference."
Chris Clayton can be reached at email@example.com
Follow him on Twitter @ChrisClaytonDTN
(c) Copyright 2021 DTN, LLC. All rights reserved.


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GERMANY – INVESCO has launched DaimlerChrysler Bank’s first fund, which has already attracted 80 million euros of investments.
In a bid to attract more customers, DaimlerChrysler Bank has been expanding is product offerings, and launched the new fund at the beginning of July. “The fund is part of our broader strategy as we try to attract new customers. We began enlarging our product portfolio last year,” said DaimlerChrysler Bank spokesman Harald Bertsch.
The fund model aims to protect 99% of the invested capital, if investors hold the shares from the initial issue until maturity in October 2004. At least 80% of the assets are invested in low-risk, fixed-income securities and liquid funds. The remaining 20% can be invested in equities. The asset allocation represents “the brand values of DaimlerChrysler Bank,” said Bertsch – that is, safety, and customers “should not lose money, but make positive returns.”
Bertsch said that INVESCO had been chosen to run the fund due to its good reputation, and DaimlerChrysler Bank’s need for a strong partner.
Other funds are expected to be launched, but there are no details as yet.


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Alfa Romeo launches social campaign for MiTo model
Alfa Romeo, the Fiat-owned Italian car marque, has launched a Facebook campaign to showcase its the high performance capabilities its new MiTo Quadrifoglio Verde vehicle.
Alfa Romeo looks to Facebook to promote high performance car
The campaign involves a video of stunt driver Terry Grant driving the Mito through 2,500 of balloons arranged in the shape of the Alfa Romeo logo, leaving four unburst.
It is rolling out the video today across YouTube and on its Facebook pages and will be promoting it via Twitter. It is also launching a competition today on Facebook, to get fans to guess where on a grid the remaining balloons are.
The winner will be treated to an Alfa Romeo track day at Goodwood Motor Circuit. It will be launching more videos linked to the campaign over the next few weeks.
The campaign was devised by Yuki Media, with Grape Digital handling the Facebook activity. Big RD was responsible for the production.
Alfa Romeo is already active in social media space and in May this year signed up to feature in a social game ‘I Am Playr’ as the sponsor of a fictional football club called River Park.
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China is undoubtedly a trading superpower and importing goods to the UK is almost synonymous with importing goods from China. Shanghai alone plays host to the world’s busiest container port and an airport that is third on the global list for handling of air cargo. There are more than 100,000km of expressways and a comparable length of railways. Given the boast to this kind of infrastructure, logistics in China really should be better.
China’s exports have grown at an astonishing rate; as a result, the lion’s share of the investment has gone to facilitate these exports. The flow of goods within the country has been neglected and is both expensive and woefully inefficient.
Logistics spending is roughly equivalent to 18% of GDP, 40% higher than in other developing countries and double the level seen in the developed world. China’s Prime Minister recently echoed the industry’s complaints that sending goods from Shanghai to Beijing can cost more than shipping goods from Shanghai to the UK.
Pass the parcel
Goods are transferred from vehicle to vehicle up to a dozen times as they make their way across the country. China has over 700,000 trucking companies, the vast majority just a man with a motor. In contrast, America has about 7,000.
Companies compete so fiercely on price that most make very little profit. This lack of profit prevents the largest from growing to achieve the economy of scale that’s required to drive efficiency up and prices down. Even established foreign firms are burdened with high costs that make it hard to compete for frugal customers against the lean local rivals.
On your marks, get set….
The good news is that Chinese central government is mindful of the issue and they aim to facilitate the development of larger companies. In the private sector money is being pumped into creating bigger firms and organising data-sharing platforms so that trucking firms can match up with customers to reduce the number of empty return journeys.
With warehouse space per person in China at less than a tenth the level in the UK, logistical improvements could be turbocharged. If the government removes the red tape that forces goods to be transferred between vehicles China’s domestic logistics system could take off in a spectacular fashion.


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- EA and Ghost Games rebooting Need for Speed for PC, PS4, and Xbox
- Swords & Soldiers II grabs its banners, marches onto eShop for Wii U
- Four more of the Lost Dimension crew revealed in new trailer
- Destiny Expansion II: House of Wolves out now on Live, PSN
- Atlus releases final Devil Survivor 2: Record Breaker trailer, DLC
Fancy A Date?
Developer- and Publisher-specific Articles: Human Head Studios
Bethesda has sent word that Human Head’s upcoming shooter Prey 2 has been delayed and will not be released in 2012. According to the release, the delay is the result of “the fact that game development has not progressed satisfactorily this past year, and the game does not currently meet our quality standards.” The announcement goes on to state that they have made a substantial investment and that they regret disappointing fans, but that they “are determined only to release the AAA game that fans rightfully expect, and are unwilling to compromise our quality standards to meet a release schedule.”


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Shoppers have spoken of their sadness after Sainsbury's confirmed plans to shut the cafe in its only Stoke-on-Trent supermarket.
The decision means the cafe inside Sainsbury's Stoke is set to shut next month.
It comes as the store is still refusing to open its entrance and exit at the junction of Fleming Road and London Road - leaving customers having to get in and out of the store off the main car park.
And it comes just weeks after Sainsbury's shut its Hanley store following decades in the city centre.
Will Collis, aged 26, from Stone, said: "It's a shame that it's closing down. It always did nice food.
"It's depressing to see Sainsbury's pulling out of the nicest part of the store.
"I think there are a lot of older people who do their shopping there who will be disappointed that they won't be able to get a cup of tea."
Alison Barnes, aged 52, from Stoke, said: "It's sad because there isn't much for anyone to do when they go shopping.
"They have already reduced the food they do anyway.
"I have just been in - we like to have a coffee before we start shopping - it's usually quite busy.
"They closed the Hanley store so we started coming here."
Ivy Shenton, aged 68, added: "It's sad. I think cafes in supermarkets are a good thing and they shouldn't shut because they're somewhere to rest your feet."
Sainsbury's is retaining just 67 of its cafes - including the one at its Leek branch. Its Newcastle-under-Lyme and Biddulph cafes are also closing.
It is also planning to open 30 food halls and 30 Starbucks cafes in the next year.
Sainsbury's chief executive Simon Roberts said: “We know that customers like the convenience of being able to have a drink, a snack or a meal while they’re doing their shopping – and that they love the range of food and brands on offer at The Restaurant Hub and from Starbucks.
"Whether customers are shopping for food, for Tu clothing, Habitat homewares or at Argos, the offer at The Restaurant Hub means they can also have breakfast, lunch or dinner in the store – or take a hot meal home with them.
"Through our trials with Boparan Restaurant Group and Starbucks we have learnt that we can offer customers a much better eat-in and takeaway experience working with partners. We are totally focused on improving what we can deliver for our customers and at the same time, working hard to make our business simpler. We are really excited about this new customer offer we will be rolling out over the next two to three years across many of our stores.
“As we go through this period of transition, we have taken the difficult decision to close 200 of our cafes next month. We have spoken to all colleagues affected by these changes and are absolutely committed to supporting them in any way we can during this uncertain time.
"Of course, we understand this is very unsettling for our colleagues, but we must keep adapting our business to make sure we are offering customers the best possible food and drink at affordable prices.”
Got something to say about this story? Join the conversation by clicking on the green comments icon at the top of this page or the picture box


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December 18, 2012, 3:10 PM — The Federal Trade Commission today said it orders to nine data brokerage companies to report how they collect and use data about consumers.
The agency said it will use the information from 1) Acxiom, 2) Corelogic, 3) Datalogix, 4) eBureau, 5) ID Analytics, 6) Intelius, 7) Peekyou, 8) Rapleaf and 9) Recorded Future to study data broker privacy practices.
Data brokers typically collect personal information about consumers from a variety of public and non-public sources and resell the information to other companies but consumers are confused about or in most case not even aware of what happens with their own information.
Specifically the FTC said it was looking for information such as:
- the nature and sources of the consumer information the data brokers collect
- how they use, maintain, and disseminate the information
- the extent to which the data brokers allow consumers to access and correct their information or to opt out of having their personal information sold.
In many ways, these data flows can benefit consumers and the economy, the FTC said. For example, having this information about consumers helps companies prevent fraud. Data brokers also provide data to let customers better market their products and services, the FTC stated.
But all has not been well in data broker-land this year. In June, the FTC had data broker Spokeo pay $800,000 to settle FTC charges it sold personal information it gathered from social media and other Internet-based sites to employers and job recruiters without taking steps to protect consumers required under the Fair Credit Reporting Act.
According to the FTC, Spokeo collected personal information about consumers from hundreds of online and offline data sources, including social networks. It merges the data to create detailed personal profiles of consumers. The profiles contain such information as name, address, age range and email address. They also might include hobbies, ethnicity, religion, participation on social networking sites, and photos.


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The CFR prices for New Zealand radiata pine logs in China increased approximately 20 USD over the last month. The price for A grade logs in late April is now around 178 USD per JASm3.
Log sellers have started to notice some Chinese buyer reluctance at these record high prices. However, there is nothing to suggest that prices will drop, other than history. Log demand in China is healthy with supply still somewhat constrained, and stock levels are declining downwards.
Prices for European spruce logs also increased over the month but seem to have reached the point where buyers are quite reluctant to buy.
The At Wharf Gate (AWG) prices for New Zealand export logs increased an average of $2-$3 per JASm3. Significantly increased shipping costs for logs to China was covered by increases in sale prices in China, as well as the NZD weakening against the USD. CFR sale prices in China are at record high levels.
The PF Olsen Log Price Index increased $2 to $132 in April due to the increase in domestic and export saw log prices. The index is currently $11 above the two-year average, $8 above the three-year average, and $8 above the five-year average.
China softwood log inventory has trended downwards to 4.2m m3 and daily port off-take had increased from 70k last month to 120k earlier this month and is now back to about 100k.
The ban on Australian logs has continued and the volume of logs arriving from Europe has remained at about the 1m mark per month which is down from the peak of 1.5m per month. New Zealand had a high level of log production in March with 23 work-days and good weather. Many ports set records for log volume throughput. Log volumes from New Zealand will reduce as the country enters the winter season.
The post New Zealand: Prices of logs exported to China at record levels appeared first on Timber Industry News.


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Amid ongoing consumer backlash to the Dylan Mulvaney marketing campaign, Bud Light’s dollar share for the latest week lost almost the same amount as competitors like Miller Lite and Coors Light gained, according to a report from Beer Business Daily.
NEW YORK, NEW YORK - MARCH 13: Dylan Mulvaney attends her Day 365 Live! at The Rainbow Room on March 13, 2023 in New York City.Data compiled for the week showed Coors Light and Miller Lite’s dollar share went up 3.5% and 3.1% respectively, suggesting Bud Light’s losses in dollar share resulted directly from consumer recoil rather than a lapse in beer demand, the report continued.
BUD LIGHT MARKETING VP TAKES LEAVE OF ABSENCE IN WAKE OF DYLAN MULVANEY BACKLASH: REPORT
Over the same period, Coors Light cases went up 10.6% and Miller Lite jumped 11.5%.
Beer taps in Georgetown bar, Washington D.C.Meanwhile, Bud Light cases have fallen 6.7% year-to-date, 10.7% for the week ending on April 8, and more than 21% for the week ending on April 15.
FLORIDA SEAFOOD CHAIN ‘DISGUSTED’ BY DYLAN MULVANEY BUD LIGHT CAMPAIGN
READ ON THE FOX BUSINESS APP
Over the weekend, Bud Light marketing vice president Alissa Heinerscheid took a leave of absence and is being replaced by Budweiser global marketing vice president Todd Allen, AdAge reports.
Origin Advocacy consultants Sean McLean and Emily Lynch have also been brought on to advise "general policy regarding the alcohol-beverage industry," according to lobbying disclosure reports filed to the U.S. Senate on April 1.
BUD LIGHT LOST MOST SALES IN DEMOCRAT-LED STATES: HARRY SCHUHMACHER
As the backlash unfolds, some restaurant chains have come out vocally against the Bud Light, Dylan Mulvaney marketing campaign, while the company's Twitter account has been largely silent, tweeting just twice in April with the latest coming 10 days ago on April 14.
Meanwhile, Anheuser-Busch, the maker of Bud Light, has recently been accused of discriminatory practices related to a program aimed at providing opportunities to minorities and women.
America First Legal, a conservative legal group set up by former Trump adviser Stephen Miller, has since filed a federal civil rights complaint against the brewing company with the U.S. Equal Employment Opportunity Commission.
BUD LIGHT BACKLASH COULD HIT BEER SUPPLIERS
On April 17, Beer Business Daily publisher Harry Schuhmacher told FOX Business Bud Light suffered the worst sales in blue states, due to the campaign not hitting with the younger generation of beer drinkers.
FOX Business reporter Timothy Nerozzi contributed to this article.
CLICK HERE TO GET THE FOX BUSINESS APPClick Here To Get Funded!


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New studio offers fitness for the whole family
It’s a business plan they believe makes sense, and as they open their joint venture the owners of USA Karate and Platinum Yoga and Fitness hope it’s one that succeeds.
USA Karate and Platinum Yoga will open a joint facility in Rosemount that will offer martial arts training and adult fitness programming. USA Karate and Platinum Yoga will open Sept. 2 at 14879 S. Robert Tr.
The premise behind the business is that mom and dad can take fitness classes while their children take karate in an adjacent room. USA Karate instructor David Younglove said they want to provide the opportunity for parents to focus on their own fitness.
Generally, he said, parents spend the time their kids are in classes sitting in the lobby and playing on their phones or reading. By teaming up, Younglove, said adults can take advantage of the time to get fit themselves.
“We will provide one-stop fitness for the whole family,” said DeNae Shewmake, Platinum Yoga and Fitness co-founder.
Shewmake said they are one of the first fitness facilities in the United States to offer dual studios so children and adults can get fit at the same time.
The facility , which is located in the former Clear Light Yoga location, features two studios, changing rooms and a shower room.
Shewmake said adult fitness classes will include yoga, boot camp, kickboxing, Zumba and personal training.
Shewmake said Platinum focuses on tailoring programs to individual needs. She said each person comes at their own fitness level and needs to progress at their own rate.
After each class, Platinum offers a complimentary cup of coffee. Customers who attend 30 classes receive a Platinum Yoga coffee cup. Shewmake also guaranteed a hug.
By offering coffee and hugs, Shewmake said she wants clients to develop a friendly atmosphere and a sense of belonging at the studio.
“My husband jokes that we’re a social club that does yoga,” said Shewmake.
While it might be a quip, Shewmake said it’s important people have a comfortable place to come to reach their fitness goals.
In addition to offering classes, Shewmake said the studio will offer community events and the opportunity to hold birthday parties at the Rosemount location.
As they put the final touches into the location, Younglove said he’s excited to be in the Rosemount community. Younglove, who also owns a Burnsville location, said they already have a number of people who come over for Karate.
“It was a natural fit,” said Younglove.
USA Karate and Platinum Yoga will open Sept. 2 and 3. As part of their opening the facility will offer free classes.
USA Karate specializes in developing a healthy mind and body through professional karate instruction. A longtime Karate enthusiast, Younglove is a Sixth Degree Black Belt. He has taught classes since 1987. He also is a yoga enthusiast and co-founded Platinum Yoga with Shewmake.
DeNae Shewmake is a nationally certified yoga instructor in Vinyasa, Hatha and Yoga Anatomy. She is co-founder of Platinum Yoga.
Co-owner Steven Seme started his martial arts training in 1986. After a hiatus, he resumed his training and earned his Black Belt in 2011.He is a second degree Black Belt.


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The year 2021 has been a milestone year for the cryptocurrency market. People’s attention has undoubtedly risen in recent months, and it has become an important topic both among traders and in mainstream culture, thanks to long-term investors.
In several ways, the year 2021 has been a defining moment for the cryptocurrency sector. The industry, on the other hand, is still in its development and is continually changing. As a result, predicting where things will go in the long run is challenging. Nonetheless, analysts are constantly watching issues like legislation and organizational use of crypto transactions in the months ahead to better understand the market.
Through its secure blockchain infrastructure, the crypto market has already begun to take over numerous industry sectors. However, it is still necessary to consider how its development may affect other sectors in the next few years. To investigate this, a list of developments being made for the future expansion of the crypto industry has been presented below.
The rapid increase of NFT trade
NFTs are Non-Fungible Tokens, which are very popular right now. These are cryptographically assigned and proven special identifiers that one can use to distribute and establish possession of digital commodities.
NFTs are a significant economic invention that will very certainly encourage the production of more NFTs, which people all over the world have shown to be eager to buy. This is because blockchains make it simple to store digital art while maintaining its individuality.
It also helps in the tracking of previous owners’ streams. NFTs are thus expected that the crypto network on which they’re built might reshape the financial and digital revolution, giving people more investing options.
Explore, collect, and mint your own NFTs using a platform thats built by creators for creators. FTX marketplace offers generative art, photography, Coachella collectibles and more.
The implementation of blockchain in renowned companies
Several renowned organizations have been using blockchain technology to grow their businesses. Companies benefit from blockchain in a variety of ways, as detailed below:
- By eliminating the intermediaries, suppliers, and third-party carriers who have typically supplied the advancements blockchain can handle, blockchain allows businesses to save money.
- Companies can profit from blockchain’s unique properties, which can boost credibility, safety, and visibility, among other things, to the customers.
- It lowers the chances of data breaches, financial fraud, forgery, and other cyber threats, making it a secure platform for purchasers to trade goods and services.
Companies are more likely to expand their usage of blockchain in the business field due to the benefits mentioned above, thereby increasing and benefiting the crypto market.
Helps in the development of marginal societies
Blockchains are likely to be used to grow a variety of cultural backgrounds, particularly those marginalized. Financially excluded communities can strengthen their financial situations by integrating cryptocurrencies on blockchains, allowing marginal civilizations to flourish more quickly. People can thus use Uniswap charting software to begin trading in digital currencies, which will undoubtedly aid in the community’s development thanks to the highly customizable terminals.
Transparency in the political system
The adoption of blockchains is likely to influence countries’ political systems. The voting system is true in the sense that it is not very transparent to the voters. As a result, including blockchain in voting systems could improve future elections. What does it do?
- This could make it easier to prevent any form of illegal voting.
- The votes will eventually be made open so that citizens may see them.
- As a result, blockchains will contribute to forming a more honest, fair, and secure political scenario in the countries.
The use of blockchain in health care
The year 2019 has undoubtedly been a nightmare for the entire world’s population. Because the situation is improving due to the introduction of vaccines, healthcare sectors must keep up with current technologies. Therefore, blockchains are being used to keep a record of vaccination circulation for the convenience of workers and the general public. But how precisely does it do?
- Blockchains serve in the storage of patient information as well as the number of vaccines dispensed.
- Medical centres can monitor the supply of vaccines promptly.
- Blockchain technology ensures the safe preservation and security of medical records.
- It can also add to the more productive and successful delivery of vaccines.
- Finally, in areas where vaccinations are difficult to obtain, blockchain technology makes it easier to locate accessible stocks.
We can certainly guess what significance bitcoin will have for shareholders in the next few years. However, the truth is that it is still a fresh and risky investment with little statistical information on which to make assumptions. Hardly anyone understands what a particular specialist believes or says. This is why, for long-term money accumulation, you should solely invest in something you’re willing to risk and adhere to more traditional assets.
Consequently, if you’re considering investing in these cryptocurrencies, make sure to begin cautiously. You must also avoid prioritizing crypto investments over other savings plans because these assets are volatile and fluctuate according to the factors that determine their value.
Although the crypto market is a risky place to invest, it has been changing the overall trend of sectors as time has passed. Though blockchain has yet to be applied in many areas, it will be interesting to see a new type of development in the future that will benefit both businesses and the general population.


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Posted November 24, 2021
The Food Access Support team at Impact Initiatives improves access to food for local people and are looking for more volunteers
Posted October 7, 2021
Hear from graduates of our Jumpstart course helping people find a career in the catering industry.
Posted September 30, 2021
The national climate and food day of action on 29th September raised awareness of the importance of sustainable food production through the sharing of low...
Posted September 1, 2021
The community art project “Call & Response” at St Augustine’s Centre has been raising money for the Brighton and Hove Food Partnership.
Posted July 15, 2021
Brighton Voices in Exile support destitute refugees and asylum seekers with essential food and are looking for a new venue as well as raising money...
Posted July 6, 2021
The community-run social supermarket BrightStore have set up another site in Mile Oak with affordable food for local residents.
Posted June 16, 2021
Read about seven new local affordable food initiatives bringing good quality food to local residents.
Posted May 18, 2021
The Weald Community Food Centre has brought residents together to support their local community during the pandemic
Posted February 10, 2021
Volunteer Joel reflects on BrightStore, a new social supermarket offering affordable shopping to local residents in Hove.


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KUALA LUMPUR, April 19 2017 : Motosikal Dan Enjin Nasional (Modenas), a member of DRB-Hicom Bhd is set to enter the Malaysian street bike segment through a collaboration with India’s Bajaj Auto Ltd (BAL).
DRB-Hicom group managing director Datuk Seri Syed Faisal Albar believed the move would strengthen the brand and help it capture a larger share of the motorbike market.
“The cooperation is in line with our aspiration to strengthen the Modenas brand as a whole, by offering a wider range for motorcycle enthusiasts.
“The local market was very receptive to the Modenas joint venture with Kymco in the scooter segment in November last year, and now the company is ready to embark into a more aggressive market, which is the street bike segment,” he said in a statement.
Syed Faisal said with BAL as its partner, Modenas now had a new segment to cater to and BAL had the experience and technological know-how for it.
The collaboration would be initiated in stages including distribution and technology transfer through the development of a dedicated assembly hub in Modenas’ plant in Gurun, Kedah.
Eventually, Modenas and BAL would plan to penetrate into international markets, using the Modenas brand in Asean and beyond, he explained.
BAL’s motorcycles are already market leaders in their respective segments across 74 countries spanning Latin America, Middle East, South Asia, Asean and Europe and is ranked the fourth largest three- and two-wheeler manufacturer in the world.
“The Bajaj models we are looking to introduce into Malaysia in the coming months have proven themselves globally, and we believe this will be replicated in Malaysia too,” he said.
The brand is well-known across several countries. In its home market of India, Bajaj’s range of bikes has been well received and it continues to cut a bigger share of the market there. – Bernama


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Social media management
Years spent building a reputation can be wiped out in a social media moment. Nina Bryant explores how online customer engagement can be a force for success rather than disaster.
Fifteen years ago, the phrases ‘causing a Twitterstorm’ and ‘going viral’ had no meaning. Today, C-suite executives who don’t know what these social media terms mean have a steep learning curve ahead. According to analysts at We Are Social, global internet users total four billion – with nearly 3.2 billion using social media at least monthly. Applications including Facebook, Twitter and Instagram allow individuals to directly praise and damn companies’ products and services. And social media also puts business leaders on the front line as brand representatives. Businesses can easily be wrong-footed by the mishandling of their online presence.
This is an extract from the Business & Management Magazine, Issue 270, December/January 2018.
Find out more
Full article is available to Business and Management Faculty members and subscribers of Faculties Online.


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Tambo mobile brand is now officially in Nigeria as the global leader in mobile phone technology signed its presence in Africa’s largest mobile market of over 164 million subscribers.
Tambo is an innovative mobile phone brand backed by a forward-thinking, bold and daring company. The brand’s products are designed to be ahead of the curve with consumers as the priority, said a statement by the firm described to mark its formal product launch in Lagos this week.
Tambo aims to redefine technology and disrupt the mobile market in a positive and rewarding way by adding value to the lives of its customers, staff and business partners. With it’s two distinct but value-driven ranges, the Superphones and Powerphones, Tambo plans to change the game in the market by putting the power to get the best out of mobile devices without breaking the bank, said Managing Director, Tambo Mobile Telecom in Nigeria, Roy Jiang,
“With our Superphone and Powerphone categories, we will deliver value to the Nigerian mobile market with innovative products delivered with a best-in-class customer service proposition.
“We also want to build a business ecosystem with our dealers and partners that will create jobs, add to the Nigerian economy and promote sustainability in the social and business environment,” added Jiang.
The statement by the company said: Tambo was established in 2017 as a mobile brand with a long-term vision to empower every Nigerian. Tambo aims to do business differently, efficiently and driven by systems to give maximum value to its customers and partners. Through its products, the brand aims to deliver delight, durability and design and enrich lives by bringing in innovative products and superior technology.
“In the next few months, Tambo Mobile products and services will take Nigeria by storm, we are delighted to finally start the journey in building a brand that Nigeria at home and abroad can be proud of,” said Jiang.


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It has been a brutal year for growth stocks. With the way Roku (NASDAQ:ROKU) ended the year in 2021, I was sure that more pain lay ahead. I did not know how much pain lay ahead, but I certainly didn’t expect this. As of now, Roku stock has eroded this year, down 61% so far in 2022. From the high, it’s down 82%.
It’s been horrendous, and yet, there doesn’t seem to be much reprieve in sight.
Roku might be a king in the streaming world with ambitions for global domination, but the stock market doesn’t care about that. It sees Roku as a growth stock and a streaming stock. Unfortunately, both groups are under pressure — and yes, I view them separately.
Just look at what’s happening to Disney (NYSE:DIS) and Warner Bros Discovery (NASDAQ:WBD). Both stocks are under intense selling pressure despite some combination of strong assets, a low or reasonable valuation and other business segments to pick up the slack. Not to mention, streaming continues to grow overall. That’s despite the issues we’re seeing with Netflix (NASDAQ:NFLX).
So, the streaming industry aside, what’s the deal with Roku stock? Let’s dive in and take a closer look.
Clear Hurdles to Overcome
Overall, Roku has clear issues. For starters, supply chain issues are weighing on the company’s results. Specifically, supply chain issues are weighing on TV production. And given Roku’s built-in capability, that’s weighing on its growth. Not to mention, hardware costs for Roku devices are rising as well, while Roku resists raising prices for consumers.
Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) and others can shrug off the rising cost of production much easier than a company like Roku can. Therefore, rather than risk ceding market share to the bigger players, Roku is eating the higher production costs instead of passing them on to its customers.
While one can argue that that is a good strategy, it’s weighing on margins.
Additionally, the company is not yet profitable either, which is never good during a bear market. In a bull market, investors are willing to overlook this reality in lieu of growth. In a bear market, though, things are different.
A Deal With Netflix?
Moreover, there is some speculation that a deal with Netflix is being facilitated. It’s now common knowledge that Netflix is looking to crack down on password sharing and is looking to introduce a new ad-based tier to its offerings. So, given Roku’s ad-based capabilities, the brutal stock performance of both companies and the obvious synergies, a tie-up really does make sense here.
Of course, that doesn’t mean it will happen — but it doesn’t need to.
Netflix is reportedly considering Google for its ad-supply needs, but also NBCUniversal and Roku. If it ends up being Roku, we are talking about a company that has a global reach and hundreds of millions of subscribers. It could be a huge addition for Roku if it pans out.
All things aside, though, there are still positives here.
For instance, analysts expect revenue to grow 34% this year and another 30% in 2023. Last quarter, average revenue per user (ARPU) grew 34% year over year to $42.91. Streaming hours increased by 1.4 billion hours sequentially, platform revenue climbed almost 40% and active accounts jumped from 1.1 million to 61.3 million.
So, despite all the good, there are positives when it comes to ROKU stock.
Bottom Line on ROKU Stock
When we pick a “top stock” candidate for the year, it’s speculation. In this contest, there are no profit targets or stop losses. In that sense, it’s for a bit of fun. But back in reality, I actually have a long position in ROKU stock — one that I have admittedly traded in and out of with an original cost basis between $28 and $40.
Still, it hasn’t been a fun ride in 2022 and yes, it does leave a bitter taste.
My question ultimately becomes, at one point is the market discounting all of the company’s hurdles and potential hurdles in the future? Roku stock has already suffered an 85% peak-to-trough decline.
I don’t know if there will be a tie-up between Netflix and Roku and I don’t know where the low is. However, this $77 area has been of interest in the past. With any luck, it will be one now and Roku stock can carve out some sort of bottom.
If it breaks down further, then the Covid-19 low could be in play near $58. It could go further than that obviously, but to lose that mark — which was extreme even then — would be unreasonable in the long term, in my opinion.
On the date of publication, Bret Kenwell held a long position in ROKU. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.


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- 13th June 2019
- Posted by: Hakeem
- Categories: Business plans, Competitive research, INVESTMENT, TRADE
CrowdStrike – CrowdStrike remains on today’s watch list following a successful Wall Street debut Wednesday. The cybersecurity company’s initial public offering was priced at $34 per share and finished the session at $58.
Lululemon – Lululemon reported quarterly profit of 74 cents per share, 4 cents a share above estimates. The athletic apparel maker’s revenue also came in well above forecasts. Comparable-store sales jumped 16% compared to a consensus estimate of 11.6%. The company also raised its full-year forecast.
RH – RH earned an adjusted $1.85 per share for its first quarter, beating the consensus estimate of $1.55 a share. The Restoration Hardware parent’s revenue came in above expectations and the luxury home furnishings retailer also raised its full-year forecast. RH said it had selectively raised prices to mitigate the impact of higher China tariffs.
Oxford Industries – Oxford reported adjusted fiscal first quarter profit of $1.30 per share, 9 cents a share above estimates. The home furnishings retailer’s revenue came in above estimates as well. Like RH, Oxford plans to raise prices selectively to deal with the impact of China tariffs.
Marathon Oil – Marathon was downgraded to “neutral” from “overweight” at Atlantic Equities, which cited Marathon’s sensitivity to crude oil prices.
Alibaba – Alibaba has filed confidentially for a Hong Kong initial public offering, according to multiple reports. The listing for the China e-commerce giant could happen as soon as the third quarter and could raise as much as $20 billion.
T-Mobile US, Sprint – The mobile operators could run into yet another hurdle for their planned merger. The New York Post reports that a judge is likely to approve a temporary restraining order in the case brought by state attorneys general to prevent the deal, which would effectively set the deal back another six months.
Uber, Lyft – Evercore initiated coverage on both ride-sharing companies with “outperform” ratings, based on a favorable view of the industry and the idea that there will be high correlation between the performance of the two stocks.
Kontoor Brands – Susquehanna initiated coverage of the stock with a “positive” rating, pointing to an attractive dividend yield, a superior management team, and a sales and margin turnaround with limited downside. Kontoor is the maker of Lee and Wrangler jeans and was recent spun off from VF Corp.
Lennar – Wedbush upgraded the home builder to “outperform” from “neutral” based on mortgage rates at 2-year lows as well as a rebound in western markets.


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People in Newbury like a takeaway carvery dinner more than anything else, according to data from Deliveroo.
The online takeaway provider has released new data showing people in the town love nothing more than a Carvery for One from Tobery Cavery.
The most popular time for a delivery was 8.30pm on a Friday, which suggests they like nothing better than a roast piled high with all the trimmings in front of the TV.
The carvery was number one in the company's top five.
Fourth on the list was a large meal from Subway.
One smaller provider did make the top five, which was the Botan Kebab and Pizza in Bartholemew Street.
Its large donor is clearly the town's most popular kebab.
There are 50 restaurants signed up to Deliveroo in Newbury, which has created 160 jobs.
Some 60 per cent of its partners are independent restaurants.
Ben Lacey, regional director for the UK said: “Our whole team here at Deliveroo are delighted that our rapid growth in Newbury over the past six years means that customers have more choice, restaurants are able to increase their revenue, and riders have the opportunity to choose well-paid, flexible work.”
Deliveroo's most popular dishes in Newbury
- Carvery For One from Toby Carvery
- Boneless Banquet from KFC
- Bacon Double Cheese XL Meal from Burger King
- Large Meal from Subway
- Doner Kebab from Botan Kebab and Pizza
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Special Edition adidas Blackburn SPZL Limited to 200 Pairs
Following the announcement of a 1000-plus pair adidas exhibition at the inaugural British Textile Biennial, SPEZIAL program consultant Gary Aspden has announced a commemorative silhouette.
Known as the Blackburn SPZL, it uses the same tooling as the archival Athens model, but the upper has been tweaked. This new ‘city’ series sneaker is classic adi styling, in lush green suede and orange contrast stripes.
There should be a general release version coming but, during the exhibition, visitors will have the chance to own one of 200 pairs featuring Nightsafe branded insoles. Nightsafe is a youth homelessness charity that will be receiving proceeds from the sale of the Blackburn SPZL, and any donations over the course of the event.
Further details are due to emerge, so stay tuned to Sneaker Freaker.


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KAsset unveils business strategy for 2019
Kasikorn Asset Management Co Ltd (KAsset) has announced a 2019 business plan focusing on development of digital channels via the K-My Funds and K-My PVD applications.
The company aims to increase digital-based users by 26 per cent this year while introducing a 4D strategy to surpass the market in any circumstance amid a volatile global economy, Executive Chairman Vasin Vanichvoranun said on Monday.
He said the overall global economy, according to KAsset’s 2019 investment outlook, is now in a late upward cycle, with a slower growth rate and diverging performance forecast.
We will thus see a highly volatile market and lower expected rate of returns, he said.
Numerous challenges exist in dwindling liquidity worldwide, the timing of the US Federal Reserve’s rate hikes, and uncertainty surrounding the US-China trade spat.
Vasin added that the company has seen the number of its digital-based users rise steadily.
As of the end of 2018 the total was around 257,000, representing 57 per cent of all mutual-fund customers, or an increase of 40 per cent over-year.
KAsset aims to boost the number by 26 per cent to 325,000 by the end of the year.


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The Absolut Spirits Company, today announced that the city of Los Angeles would serve as this year's final venue for Absolut Africa, a national, touring fashion show and fundraiser, featuring apparel by some of Africa's leading designers. The Los Angeles Absolut Africa Show will not only mark the two-year anniversary of the program, but also marks the first time an established fashion designer will be featured. The Absolut Spirits Company has selected internationally renowned designer Kevan Hall, former design and creative director for Halston as the show's featured designer. The Absolut Africa show made its 2000 U.S. premiere in New York, Washington, D.C., Philadelphia, and Chicago. The event comes to Los Angeles after making 2001 appearances in Cleveland and Atlanta. The show will be held from 6:30 p.m. to 9:00 p.m., December 10, 2001, at the Music Center, Performing Arts Center of Los Angeles County, 135 North Grand Avenue, Los Angeles, Ca. Created in 1998, the Absolut Africa benefit was developed to celebrate, recognize, and lend financial support to African-American social service, advocacy and health-focused organizations. "As the Absolut Africa marketing and community relations initiative celebrates its two-year anniversary, we are proud of the programs' accomplishments in helping raise awareness of and lend support to talented African-American designers and organizations whose ongoing good work enhances the quality of life within the African-American community," said Carl Horton, President and CEO, Absolut Spirits Company. "Given the caliber of Kevan Hall's status as one of America's prominent fashion designers, we are very excited to bring this unique event to Los Angeles." The core of the Absolut Africa fashion show features the work of nine prominent African designers, whose fashions highlight the styles and traditions indigenous to their homelands. The designers are: Alphadi of Niger; Dou Couture of Mali; Pathe O of Burkina Faso; Nawal El Assad of Abidjan; Dasha of Senegal; Colle Sow Ardo of Dakar; Pepita D of Benin; Katoucha of Guinea and Michael Kra of the Ivory Coast. The designs of Kevan Hall, who recently launched his own signature line, Kevan Hall Collection, will also be featured. In 1998, Hall was named design and creative director of the house of Halston. He was responsible for successfully re-positioning the brand and overseeing its licensing entities worldwide. During his two-year tenure, his signature eveningwear was worn by a distinguished coterie of celebrated artists, including musical performers Celine Dion, Mariah Carey, Patti LaBelle and actresses Lauren Holly, Christine Lahti, Charlize Theron and Minnie Driver, to name a few. Absolut Vodka's ongoing commitment to the African-American community includes showcasing the talents and contributions of African-American artists and fashion designers; awarding educational scholarships; sponsoring and supporting events and organizations in communities throughout the country. To date, through the Absolut Africa event, Absolut has made charitable contributions to a host of worthy organizations and causes, including the Atlanta-based charitable organization and magazine, Women Looking Ahead, Inc.; US Helping US; the Max Robinson Foundation; Fashion Outreach; the Urban League of Philadelphia; Sickle Cell Disease Association of America (Philadelphia/Delaware Valley Chapter); N'DIGO Foundation; The Links (Cleveland Chapter); Society of Urban Professionals (SOUP); and 100 Black Men of America (Cleveland Chapter). The invitation-only event will include luminaries from Los Angeles' entertainment, fashion, cultural arts, hospitality, civic and business communities. The event, hosted by Emmy-nominated journalist and Cable Ace Award recipient Rolanda Watts, will include a cocktail reception, silent auction, and fashion show. The Absolut Spirits Company, a business area within V&S Vin & Sprit AB, is the brand owner and producer of ABSOLUT VODKA, ABSOLUT PEPPAR, ABSOLUT CITRON, ABSOLUT KURANT and ABSOLUT MANDRIN. ABSOLUT is the third largest international spirit in the world and is marketed in 125 markets. ABSOLUT is made at distilleries near Ahus, Sweden. The head office is in Stockholm. Future Brands LLC, a joint venture between Jim Beam Brands and The Absolut Spirits Company, handles the distribution of ABSOLUT in the U.S.
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March 2019 has been good for digital music. Flume, Tame Impala, Shlohmo, and Apparat are a number of of the names who’ve put out gorgeous new music for the reason that begin of the month. ZHU and Disclosure are including themselves to the combo now, it appears, following a now-deleted Instagram story asserting a collaborative piece that will be launched over the last week of the month.
“Zhu + Disclosure Next Week” was all of the notice acknowledged in ZHU’s Instagram storyline on March 24; however these 4 phrases had been sufficient to right away stir a worldwide frenzy. Both musicians are trailblazers in their very own proper, carving their very own niches within the crossover area with infectious blends of pop, home, and bass components seen in anthems like “Latch” and “Wasted.” ZHU launched his critically acclaimed Ringo’s Desert, whereas Disclosure are coming off a world tour announcement that coincides with their third album launch. Time will inform simply how complementary their sounds are.