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estimated in June that the cost of the U.S.-China trade war could reach $1.2 trillion by 2021, with the impact spread across the Asian supply chain. That estimate is based on 25% tariffs on all U The U.S.-China War Over Trade and Tariffs, Explained By . Enda Curran. 6:28. The U.S.-China War Over Trade and Tariffs, Explained Careers Made in NYC Advertise Ad Choices Contact Us Help A US-CHINA dispute, now dubbed a "currency war" is resulting in the decline of stocks. The two world powers are currently locked in an increasingly bitter row over trade deals, with both sides US trade with China, explained The world's two biggest economies are locked in a trade tit-for-tat. China and the United States have announced tariffs on more than $100 billion of combined goods. China purchased $165 billion in goods and services from the United States in 2015, representing 7.3 percent of all US exports and about 1 percent of total US economic output. Although some US manufacturing jobs have been lost because of the trade deficit, US firms sell high-value products to China, including cars and trucks, construction The US has a massive trade deficit of $504 billion dollars with China. Donald Trump mentioned in his speech that it is the largest deficit of any country in the history of our world. The US has targeted to reduce this deficit by $100 billion.
14 Feb 2020 The US-China Phase 1 trade deal slapped huge commitments on A third explanation for China's willingness to sign on this agreement is that
Patrick Bet-David breaks down the US Trade War with China and what you can do about it. There’s a lot of different kinds of wars that take place around the world. Some of them end up costing the lives, but the one we’re going to talk about, today’s a trade war. US trade with China, explained The world's two biggest economies are locked in a trade tit-for-tat. China and the United States have announced tariffs on more than $100 billion of combined goods. The China–United States trade war is an ongoing economic conflict between the world's two largest national economies, China and the United States. President Donald Trump in 2018 began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are "unfair trade practices". Among those trade practices and their effects are the growing trade deficit, the theft of intellectual property, and the forced transfer of American technology to And the US has a massive trade deficit with China. Last year, it widened by $43.6bn to $419.2bn . He wants to cut back this trade deficit, and he intends to use tariffs to do it. The total U.S.-China trade is about $130 billion of imports of United States goods into China. This second round of Chinese tariffs is going to now cover $110 billion of the $130 billion of US trade with China, explained President Trump is imposing tariffs on $50 billion worth of Chinese imports to the US, heightening fears about a trade war between the world's two biggest economies. CNNMoney's Vanessa Yurkevich explains what your life could look like if Chinese products get more expensive.
The US trade deficit with China is the world's largest and a sign of global economic imbalance. It's because of China's lower standard of living.
6 Jul 2018 Chinese President Xi Jinping and US President Donald Trump in Beijing in 2017. Getty Images. Most economists say that this sort of tit-for-tat
17 Nov 2019 President Donald Trump's 1-1/2-year trade war with China has hurt the US economy, but America is ending up right back where we started.
How did the US-China trade war start? The basis for the dispute lies with the US President Donald Trump wanting to “Make America Great Again”. Part of the USCBC and Oxford Economics Announce Release of Job Study Report (Audio) Executive Summary Today, the US-China trade relationship actually supports
7 May 2019 The U.S.-China Trade Talks Have Already Changed the World The answer, as Mnuchin explained: Both sides would agree to let the other
18 Dec 2019 This helps explain why we have not seen the effects of the tariffs in the consumer price index. Meanwhile, unemployment is at 3.6 percent, the
6 Jul 2018 And US tariffs will cost American sales to a major, growing export market. If Trump does extend the tariffs to all Chinese goods imports, he will The U.S. goods and services trade deficit with China was $378.6 billion in 2018. China is currently our largest goods trading partner with $659.8 billion in total ( two 15 Feb 2019 US Trade Representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin are in Beijing this week as Chinese and American President Trump is imposing tariffs on $50 billion worth of Chinese imports to the US, heightening fears about a trade war between the world's two biggest economies. China immediately accused the US of starting “the largest trade war in economic history to date” and responded by imposing 25 percent tariffs on $34 billion worth of US goods, including soybeans,


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Unnamed sources from retail channels claim that recent price drops of ultrabooks provided by the likes of Acer, Lenovo and HP are due to the upcoming launch of Intel's second-generation Ivy Bridge processors. Ultrabooks based on the new platform are expected to arrive shortly after Intel's CPU launch.
The reduction in price is obvious: to push the older 1st-genration models off store shelves to make way for the newer, spunkier models. This is nothing unusual, and typically a sign that the next-generation models are getting ready to invade retail shelves. That said, now would be a good time to purchase an ultrabook before the newer, pricier models arrive.
As DigiTimes points out, Acer's Aspire S3 HDD-equipped ultrabook was reduced to $799 USD here in the States. Lenovo and HP's ultrabook prices also saw a price cut, costing 25-percent and 21-percent less respectively. HP is reportedly geared up to launch its new ultrabook, the Envy Spectra 14, in Taiwan this week. Acer and Lenovo's new ultrabook offerings are scheduled to arrive in the second quarter of 2012.
Retail channel sources add that ultrabooks will probably not achieve Intel's goal of a 40-percent share of the notebook market by the end of 2012. But as more new ultrabooks begin to appear in the retail channel, the average price will quickly dip down into the $699-$799 USD realm in the second quarter.
Maybe Intel will grab its 40-percent of the notebook market in 2013 instead? Probably not if AMD has anything to say about it with the imminent release of the "ultrathin" form factor.

domain: news


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25 Oct Price-matching, online deals among Target’s plans to lure holiday shoppers
The holiday season is expected to be sluggish, but Target Corp. is ready to entice tightfisted shoppers with price-matching, daily online deals, discounts via mobile apps and in-store pickup of many online purchases.
The incentives come as retailers will have six fewer shopping days this holiday season. Target is already trying to get ahead, rolling out its holiday promotions on Nov. 1, a little earlier than usual.
Overall, experts expect a fairly anemic season. ShopperTrak recently predicted retail sales in November and December to rise by only 2.4 percent year over year, compared with a 3 percent increase in 2012. The survey was released in mid-September, before the government shutdown, which has further dampened consumer demand.
“It’s going to be a challenging year for all retailers,” said Dave Brennan, marketing professor and co-director of the Institute for Retailing Excellence at the University of St. Thomas. “With the rolling uncertainty of a February shutdown, we expect a lot more promotions.”
Shoppers are very budget-focused, said Kathee Tesija, executive vice president of merchandising and supply chain at Target, in an interview this week. “They’re consolidating and buying more in fewer trips,” she said. “They’re spending only on what they need, so we have to have the right products and merchandise assortment. In this tougher consumer climate, it’s important to offer great products at great value.”
Many retailers, including Macy’s, Kohl’s, J.C. Penney and Herberger’s, are hoping to win over buyers by opening at 8 p.m. on Thanksgiving. Target has yet to announce its opening time on Thanksgiving; last year, its stores opened at 9 p.m.
Part of Target’s value strategy will occur online. The retailer will offer several daily-deal discounts of 30 to 50 percent on gifts, toys, entertainment and electronics to its Cartwheel users. (Cartwheel is Target’s mobile coupon app that has more than 2 million users.)
In stores, Target hopes to entice value shoppers by extending its price-match program. From Nov. 1 to Dec. 21, with the exception of Black Friday to Cyber Monday, Target will match prices from local competitors and select online retailers such as Amazon. What’s different this year is that Target will extend its price-match policy during the entire period from Nov. 1 to Dec. 21, not just seven days, as long as the competitor’s price is current.
Target can comfortably offer the extension because so few guests take advantage of it, said Brennan. “It’s more public relations than anything, but a few customers ask for the match on more expensive items,” he said.
Still, Target may need to fall back on the policy as a way to compete with Amazon. In a recent analysis of Target’s and Amazon’s prices by William Blair Equity Research in Chicago, Target’s prices were 13.8 percent higher, or about $20 per item, on average.
Another service added in time for the holidays is e-pickup. Target is hoping to attract the time-crunched shopper by offering a “buy online, pick up in store” service. The program is already in place in half of its approximately 1,800 stores, including all Twin Cities locations. The retailer is hoping to catch up with Best Buy and Wal-Mart, which have offered the service for more than a year. Target began the beta test this summer, and will roll out the program to all stores by Nov. 1 with 35,000 items labeled online as “eligible for store pickup.”
John Ewoldt — 612-673-7633 — firstname.lastname@example.org Janet Moore — 612-673-7752 — email@example.com


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Wal-Mart is buying the retail online startup to jump-start growth of its e-commerce operations. Fred Katayama reports.
Wal-Mart is buying e-commerce start-up Jet.com. It's shelling out $3.3 billion for a company that just launched its online store one year ago. With the investment, the world's largest retailer hopes to become a powerhouse online shopping destination and better compete with Amazon.com. The deal comes amid slowing online sales growth at Wal-Mart over the past few quarters. Lead retail analyst Charlie O'Shea at Moody's: (SOUNDBITE) CHARLIE O'SHEA, LEAD RETAIL ANALYST, MOODY'S, (ENGLISH) SAYING: "Wal-Mart gets to jump start its e-commerce business, which is pretty good for a brick-and-mortar retailer, but it can always get better. And this gets it better quickly." O'Shea says Wal-Mart will gain talent and technology from Jet, especially its pricing algorithm. That technology cuts prices as customers add items to their shopping carts. The company will continue to operate Jet.com and Walmart.com as separate websites.


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The data from the Net Applications for browser market share in August show that Microsoft's Internet Explorer 8 continues to lead overall and outpace all competitors in growth. Even better news is that Internet Explorer 6--the archaic and insecure br...
Alcatel-Lucent has acquired OpenPlug, the creator of ELIPS Studio, a tool that allows developers write an application once, and then translate it into native code that can run on iPhones and Android-based smartphones.
Check Point's Security Gateway software is now available in a virtual edition that is compatible with VMware virtual environments.
Blue Coat Systems has brought in a new CEO, spinning the change as a way to free up outgoing boss Brian Nesmith from the daily grind of managing the company to instead work on product strategy.
Microsoft today said it will revive last year's multi-license Windows 7 Family Pack in early October for U.S. customers.
The browser battle returned to what passes for normalcy in August as Microsoft's Internet Explorer (IE), which had a two-month run of usage share gains, lost ground to the usual suspect: Google's Chrome.
VCC, a nationwide retail construction company, was forced to diversify when the recession struck. The company found that giving project managers smartphone access to customer data was a big boost in attracting new business.
Salesforce.com rolled out a new service on Wednesday that integrates business-contact information with its own CRM (customer relationship management) application and Chatter collaboration software.
Oracle's lawsuit against Google over Java patents could alienate some people in the Java space, but the litigation is not likely to prompt a forking of the Java platform itself, the founder of the popular Spring Framework for Java development said on...
Windows Phone 7 has been finalized and released to manufacturers, Microsoft announced in a blog today.
We live in a mobile world; if you have a laptop (and who doesn't?), that means constantly connecting to the Internet via Wi-Fi. You most likely use Wi-Fi not just when you're on the road at cafés, airports or hotels, but to connect to your home netwo...
Oracle is hoping to entice a younger generation of Java programmers into its fold by offering students complimentary admission to the upcoming JavaOne and Oracle Develop conferences.
Microsoft on Tuesday again abstained from naming which of its Windows programs, if any, contain bugs that could lead to widespread "DLL load hijacking" attacks.
When you ask IT professionals if they use cloud computing or software-as-a-service, most start by saying "no". But if you ask some follow up questions, you will quickly find out about "that one application" that is a SaaS application.
Software patents have figured prominently in the news in recent weeks, thanks not just to Oracle's attack on Google but also--more recently--to Paul Allen's breathtaking multi-victim onslaught.
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Statistics South Africa has published its second business impact survey, providing an update on how well South African businesses are currently faring under lockdown. The answer is simple, not very well.
The survey, which features responses from 2,182 businesses, covered the period 14 April – 30 April 2020.
Just over a third (36%) of firms indicated that they are laying off staff in the short term as a measure to cope with the Covid-19 pandemic. This is higher than the 20% reported in the first survey.
A quarter of businesses indicated that they are decreasing working hours, while nearly one in 10 (9%) businesses indicated that they have already ceased operations permanently.
The industries with the highest percentage of firms permanently closing their doors include:
- Construction (14%);
- Community, social and personal services (12%);
- Agriculture, hunting, forestry and fishing (12%).
When asked if they would operate during the level 4 lockdown, 56% of responding businesses indicated that they would continue to do business.
Other key findings include:
- 90% of businesses’ turnover was lower than their normal expected range, up from 85% in the first survey;
- Almost half (48%) of businesses reported a pause in trading in the period 14 April – 30 April 2020;
- 30% of respondents indicated they can survive less than a month without any turnover, while over half (55%) indicated that they can survive between 1 and 3 months;
- Only 7% can survive for a period of longer than three months.
Stats SA’s data is echoed by a new survey by the South African SME Finance Association (SASFA) which shows that three quarters of small and micro businesses will close down if the lockdown runs beyond 30 June.
The survey, which included responses from 2,300 business owners, found that the majority (70%) of SMMEs cannot trade under the country’s level 4 lockdown restrictions.
Business organisation Sakeliga has also warned that the sound of businesses shutting their doors, and workers becoming unemployed, is fast becoming the hallmark of this lockdown.
A third of businesses polled by Sakeliga expect to go bankrupt within the next three months.
Business for South Africa, a group of business organisations, has warned that 4 million jobs will be placed at risk and the economy could contract 16% this year if the easing of lockdown rules isn’t accelerated.
Meanwhile, a lobby group called The Restaurant Collective, has warned that the seven week Covid-19 lockdown in South Africa could well be a nail in the coffin for the restaurant industry – an ecosystem that employs half a million people.
The results from the latest StatsSA survey come after president Cyril Ramaphosa announced that the government is considering a proposal to move the country to level 3 of the national Covid-19 lockdown by the end of May.
“We will immediately begin a process of consultation with relevant stakeholders on a proposal that by the end of May, most of the country be placed on alert level 3, but that those parts of the country with the highest rates of infection remain on level 4.”
“We will make further announcements after the completion of the consultations,” said the president.
This comes after the government implements a risk-adjusted strategy aimed at easing the current lockdown restrictions. However, hotspot areas with high infection rates will remain under level 4.
Outlining the lockdown easing measures, president Ramaphosa said some regulations surrounding retail, e-commerce and exercise would be relaxed.
Business for South Africa (Busa) chief executive officer Cas Coovadia has said that a mindset change is needed by the government to open the economy and enable it to grow.
Instead of begrudgingly opening of the economy with a long list of prescribed goods, the government should open the economy with a shortlist of exclusions.
He said it is now accepted that a spike in Covid-19 infections will happen irrespective of whether South Africa remains under lockdown or not.
So instead of hurting the economy through an extended lockdown, he suggested allowing businesses to operate with a set of conditions to ensure safe operations.


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Sept 17 (Reuters) - Shares of Sumo Logic Inc SUMO.O jumped 21% in their Nasdaq debut on Thursday, after the big data firm raised $325.6 million in its initial public offering.
The company's stock opened at $26.64 per share compared with the IPO price of $22 per share.
(Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Park Village Auctions has just announced the next Johannesburg-based auction of verified ABSA prepossessed vehicles, where bakkies and small cars will take centre stage.
“Light commercial and passenger vehicles are currently in demand. I suspect that this could be due to the soaring prices of new vehicles in this category. We are pleased that the upcoming auction will cater to market demand,” says PVA’s Clive Lazarus.
Using vehicle sales data from across the industry, the TransUnion South Africa Vehicle Pricing Index (VPI) measures the relationship between the increase in vehicle pricing for new and used vehicles. The VPI for new vehicles reported a sharp rise in the fourth quarter (Q4) of 2020 of 9.6%, up from 2.9% in the same period in 2019.
Lazarus: “While new car prices are increasing due to inflation, so are business and household expenses. Budgets are stretched, so used vehicles represent a viable way to acquire a run-around or workhorse.”
According to Lazarus, the upcoming auction will showcase over 250 passenger and light commercial vehicles ranging from entry-level hatchbacks to sedans, SUVs, bakkies and light utility vehicles.
The auction will be held entirely online via PVA’s new hybrid format. Online bidding will open at 10 am on Monday the 12th of April and will continue until the start of the live webcast finale at 10 am on Tuesday the 13th of April. Pre-approved finance from auction finance is available
A preview of the vehicles, located at the ABSA Trade Centre, 8 Top Road, Anderbolt, Gauteng, will be held on Friday the 9th and Monday the 12th of April from 9 am to 4 pm.
To register, or for more information, visit parkvillageauctions.co.za web reference 705 or call Anna Mahlangu on 011 789 4375.


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NEW JERSEY - The three-day Presidents' Day weekend has arrived. Monday, February 17 is Presidents' Day. The federal holiday marks the birthdays of the United States Presidents George Washington and Abraham Lincoln. Recently, the holiday has come to recognize the contributions of all past presidents not just Washington and Lincoln. Since Presidents' Day is a federal holiday, all federal, state and local government offices are closed, but what else is open and closed on Monday, February 17?
- All US Post Offices are closed. There is not mail delivery on Monday.
- The New York Stock Exchange, NASDAQ and bond markets are closed.
- Most schools are closed.
- Federal, state and local courts are closed.
- Most banks are closed though TD Banks are open.
Presidents' Day is one of NJ Transit's observed holidays. Check individual bus and train lines before heading out on Monday to see if they are operating on a holiday schedule.
Presidents' Day is a big shopping weekend with lots of sales going on. So shoppers will still be able to hit the malls and grab something to eat at their favorite eateries on Monday.


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DRAGON’S Den might make entertaining television, but it delivers a warped view of venture capitalism. A new paper from Coutts, The Price of Growth, suggests entrepreneurs have a much more distant relationship with venture capital than the one portrayed by the media.
The standout findings are:
■ 72 per cent of entrepreneurs do not believe venture capital is the best way for a business to realise its growth prospects
■ Only 19 per cent believe venture capital delivers sustainable growth
■ 24 per cent believe venture capital investment increases the risk of business failure
■ Only 37 per cent believe venture capital investors are interested in or understand entrepreneurs
■ Only 22 per cent of entrepreneurs believe that venture capital investors have a good reputation
Both entrepreneurs with experience of venture capital, as well as those without, prefer to grow their business through cash flow/profit. And for good reason. The interests of venture capitalists aren’t always completely aligned with the entrepreneur. The former might favour rapid over sustainable growth.
Nick Wheeler (profile right) has taken no outside investment, growing Charles Tyrwhitt through profit. He think “it’s longer and harder, but ultimately better, because you don’t end up being told what to do by a venture capitalist, which can happen.” Of course, venture capital can work wonders. Silicon Valley would be nothing without the risk capital available to scale up new tech ideas. But taking outside money can come at a cost and even if it’s on the table, it’s rational for many entrepreneurs to turn it down.


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Record-high lumber prices are threatening to halt the residential construction sector, and in turn, hold back the economy. Chuck Fowke, chairman of the National Association of Home Builders, says the price of lumber has hit prices 170% higher than the past 10 months. NAHB continues to request assistance from the White House in requesting domestic lumber producers to ramp up production and end tariffs for Canadian lumber shipments. One NAHB member says the price of an identically-sized home increased from $35,000 last year to $71,000 this year. Access to building materials is the main concern for 96% of builders, according to a recent NAHB survey.
- Lumber Prices Hit Record High, Threatening Housing's Momentum
- NAHB Addresses Rising Lumber Prices, Builder Concerns
Lumber price spikes are not only sidelining buyers during a period of high demand, they are causing many sales to fall through and forcing builders to put projects on hold at a time when home inventories are already at a record low.
Impact in Local Markets
“The increase in lumber prices is forcing our company to delay construction starts, which will only exacerbate the lack of supply in our market,” said NAHB First Vice Chairman Jerry Konter, a home builder and developer from Savannah, Ga.
Alicia Huey, a high-end custom home builder from Birmingham, Ala., and second vice chairman of NAHB, said that the price of her lumber framing package on an identically-sized home has more than doubled over the past year from $35,000 to $71,000. “This increase has definitely hurt my business,” she said. “I’ve had to absorb much of this added cost and even put some construction on hold because I would be losing money by moving forward.”


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Uber Eats service to stop operating in Ukraine from June 3
Uber has announced the end of Uber Eats food delivery service in Ukraine from June 3, 2020.
The corresponding letter, sent by Uber to the project partners, is available to Ukrinform.
“We regret that Uber Eats is no longer available in Ukraine. However, our car ordering service will continue to operate as before,” the letter said.
See also: Uber launches free shuttle for doctors in Kiev
The reason for the service shutdown on June 3, 2020 at Uber is called an unprofitable business.
The company also said it is working to minimize the consequences of the service closure for participating partners.
“Now the bottom line for us is to minimize the consequences of the service closure for our employees, restaurants, couriers and users,” said Uber.
See also: In Kharkov, created an application that helps doctors to get to work
As reported by Ukrinform, the international food delivery service Uber Eats began work in Ukraine from Kiev on February 6, 2019.
According to the materials: ukrinform.ru


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Monday, July 23, 2018
OKLAHOMA CITY – Governor Mary Fallin today signed an election proclamation that places on the Nov. 6 general election ballot the question whether to allow optometrists and eyeglass retailers to operate in large retail stores.
The governor received information Monday certifying that the backers of the issue collected enough signatures to qualify for placement on the November ballot and that all of the other procedural requirements of state law had been met.
The issue, if approved by a majority of voters, would amend the state constitution by allowing optometrists or opticians to practice in retail establishments, and allows the Legislature to regulate them.
Oklahoma law prohibits consumers from getting their eyes examined and filling their eyeglasses prescription in the same store.
The deadline for the governor to sign election proclamations for state questions to be placed on the Nov. 6 general election ballot is Aug. 27.


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North East business owners have spoken of their delight after Boris Johnson revealed his "roadmap" out of lockdown.
On Tuesday, the Prime Minister told the House of Commons how the UK would emerge from the lockdown imposed at the beginning of the year.
He said that by March 8 pupils will return to schools and people will be able to meet in pairs in outdoor spaces to enjoy recreational activities such as coffee or a picnic.
Meanwhile, outdoor socialising is expected to return, with a limit of six people, by March 29.
From April 12 at the earliest, shops, hairdressers, nail salons, libraries, outdoor attractions and outdoor hospitality venues such as beer gardens will be allowed to reopen, the Government’s roadmap said.
Fred Platter, owner of the Tyne Bar, in Ouseburn, said the route out of lockdown suits his business.
He said: "It's as good as we were expecting. I honestly thought we would have to wait until May to reopen.
"Being allowed to open outside only on April 12 suits as marvellously at the Tyne Bar, we have five times as many seats outside as we do inside.
"My only reservation is allowing schools to reopen in March. Last year when we reopened in July there wasn't a second wave, it only happened when schools reopened.
What do you think about the Prime Minister's roadmap to end lockdown? Please take a minute to answer our survey
"You're safer in a pub then you are in a supermarket. We will be opening up all our outdoor areas and doing table service only. I'm thankful I can get our staff back to some kind of normality.
"I'm relieved we don't have to wait until May, we have to be thankful for small mercies."
Patrick Forster, owner of Patrick Forster Barber Shop, on High Bridge, in Newcastle, was also pleased with the plans, saying he and his staff are excited to get back to work.
He said: "It's great to get a date finally. I think it is a good time, surely all the vaccines will be rolled out by then, hopefully it all goes to plan.
"I can't wait, people have been messaging me saying 'can we book in?' All the girls are saying they cannot wait [to get back to work] they're so excited.
"I wanted to go back when it was safe, especially when the vaccines have been rolled out. I think that gives them time to do that. I'm happy with that."
From May 17 at the earliest, two households or groups of up to six people will be allowed to mix indoors and limited crowds will be allowed at sporting events, the Government’s roadmap said.
From June 21 at the earliest, all remaining restrictions on social contact could be lifted, larger events can go ahead and nightclubs could finally reopen.
Mike Hesketh, owner of Horticulture a restaurant and bar on Market Lane, Newcastle, cautiously welcomed the plans but raised fears they could disadvantage premises that don't have large outdoor areas.
He said: "It seems to be very much the light at the end of the tunnel. I am hopeful all the current targets are met and we can realise the path he [Boris Johnson] has outlined.
Mr Hesketh, who also runs Mish Mash Events, said that plans to ease restrictions in five week increments mean that venues will be tight on time.
He continued: "It gives us some uncertainty still, it only means that we can plan five weeks ahead terms of my restaurants and bar business and events side of things.
"I'm looking forward to having some great outdoor events this summer, it gives some hope to the hospitality sector in the area.
"We do have a terrace but you have to go indoors to get to it. It is still a bit blurred.
"When people are accessing bar gardens are they allowed to access toilets in doors?
"We don't have massive terrace. It gives people with [large outdoor spaces] a huge advantage over people with small beer gardens or none for a month."


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Even though they didn't win the Super Bowl, the New England Patriots will still be champions in several countries around the world.
Before major NFL events, like the Super Bowl, participating teams often pre-print victory apparel. The winning team sells its items right away, but the losing team is left with large quantities of merchandise that cannot be sold.
In this case, World Vision is partnering with the NFL and Reebok to help children in need receive the treasure of new clothing. Instead of throwing it away, the losing team's pre-printed victory apparel will bring joy to children in need around the world.
There is a whole generation of poor children out there who have received nice new clothes, but think the Patriots are undefeated World Champions!


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The chief executive of HewlettPackard has ruled out selling Autonomy, despite the scandal engulfing the British software developer.
The American technology giant has written down the value of Autonomy by almost $9 billion, having bought the Cambridge-based company for $11 billion in 2011.
But although there have been rumours of a sale since HP accused former Autonomy management of misrepresenting its value, Meg Whitman said in London yesterday that it remained “incredibly committed” to the British business. “I would rule out a sale,” she said.
Industry rumours have suggested that representatives of SAP, the German software company, met Ms Whitman recently to discuss a potential acquisition of the company. Leo Apotheker, who led HP at the time of the Autonomy deal, is a former chief…


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Qualcomm posts weak quarter but looks for rebound next year from 5G ramp
San Diego company hurt by Huawei market share gains in China and slowdown in 4G smartphones sales ahead of 5G roll outs.
Qualcomm’s financial results came in weak for its fiscal fourth quarter, as fallout from trade tensions with China and smartphone makers flushing 4G inventory ahead of 5G network rollouts weighed on near-term sales and profits.
The soft fourth quarter was expected, as Qualcomm has forecast tepid results through this calendar year.
But San Diego’s largest tech company is betting on a recovery next year as more 5G networks light up around the globe.
The wireless technology firm has inked deals to supply 5G chips to power more than 230 devices either released or in the pipeline — up from 150 devices last quarter.
“We exit the fiscal year having successfully executed on our strategic priorities, helping to drive the commercialization of 5G globally, completing a number of important anchor license agreements and executing well across our product road map,” said Chief Executive Steve Mollenkopf in a statement.
5G networks promise faster speeds and imperceptible transmission lag times for mobile devices. They also have a more flexible network architecture to allow cellular to connect many more gadgets beyond smartphones, including smart cities infrastructure, cars, environmental sensors and health devices.
5G networks have begun rolling out in the U.S., Europe, South Korea and China this year. Next year, 5G coverage is expected to expand significantly.
“We believe Qualcomm’s near-term results will remain muted, consistent with management’s guidance,” wrote Mike Walkley, an analyst with Canaccord Genuity, in a research note last month. “Longer-term, we maintain our positive thesis.”
Meanwhile, Qualcomm promoted Akash Palkhiwala to executive vice president and chief financial officer. With Qualcomm since 2001, Palkhiwala has been serving as interim CFO since August.
For its fiscal fourth quarter, Qualcomm reported revenue of $4.8 billion, down 17 percent from the same quarter last year.
Adjusted earnings came in at $900 million, or 78 cents per share, a 25 percent decline from a year ago.
Still, Qualcomm’s fiscal fourth-quarter results beat Wall Street analysts’ forecast of $4.7 billion in revenue and adjusted earnings of 71 cents per share.
Mollenkopf said the company beat estimates in part because of the return of patent royalties from Apple.
During a two-year legal fight, Apple stopped paying Qualcomm patent fees. The two companies reached a multi-year settlement in April, with Apple now paying patent royalties and using Qualcomm’s 5G chips in new iPhones slated for release in 2020.
While Apple has resumed paying royalties, China’s Huawei hasn’t. It’s embroiled in a lengthy dispute with Qualcomm over patent fees, which doesn’t show signs of ending soon amid trade tensions between the U.S. and China.
Moreover, Huawei has been dominating the smartphone market within China recently, corralling 40 percent of smartphone sales there last quarter, according to Counterpoint Research.
That hurts Qualcomm because it supplies chips to Huawei’s rivals who are losing market share.
Looking ahead, Qualcomm forecast revenue for the current quarter ending in December of $4.4 billion to $5.2 billion and adjusted earnings of 80 cents to 90 cents per share.
Analysts had been expecting December quarter revenue of $4.8 billion and adjusted earnings of 77 cents per share.
The company’s shares have been approaching five-year highs in recent trading — in part because of investor bets on the potential of 5G.
The company’s stock ended trading Wednesday at $84.63 but rose 5.3 percent to $89.15 in early after-hours trading following the company’s earnings release.
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HMD Global has been on a roll in the last two years and looks like the Finnish smartphone maker is in no mood to stop anytime soon. Nokia has launched phones in almost all price segments starting from the cheaper Nokia 3310 to the most expensive of them all, the Nokia 8 Sirocco. HMD has recently launched the banana phone from dead in India, in other words, the refreshed version of the Nokia 8110 4G for a price tag of Rs 5,990. In comparison, the new Nokia 3310 is much cheaper. It retails at Rs 3,310.
The Nokia 3310 was launched in India last year and with that HMD brought nostalgia back to the Nokia fans. The feature phone created a lot of buzz in the market soon after its arrival. Similar was the case with the Nokia 8110 4G or Banana phone. HMD launched the refreshed Nokia 8110 4G in Mobile World Congress this year and it's just last month that the company decided to bring the device to India. Let's take a look at how different are these feature phones from each other and how improved are they from their previous versions.
Nokia 8110 vs 3310: Design
The design of both the phones has been refreshed to meet the present day consumer requirements. Previously, phones have been quite bulky which made it difficult for the users to carry and use them easily. Keeping this in mind, smartphone makers are building phones that aren't as heavy as before. The same technique is applied to design the two Nokia feature phones as well. Both the Nokia 8110 4G and Nokia 3310 are light in weight compared to their previous model which were as bulky as to take a beating or two. Not just the weight, the thickness was also a matter of concern in the past.
Phone makes are now competing to design phones that are slim and can slide down the pocket easily. Same goes for the two Nokia feature phones. The Nokia 3310 was lesser in weight and also slimmer compared to the previous model. It is as thick as 15.6 x 51 x 12.8mm and as heavy as 80 grams. The overall design of both the phones have been refreshed, more for the Banana phone. HMD has added a slider on the Nokia 8110 4G.
The Nokia 3310 is made of plastic and comes with a removable back cover. As for the variants, the Nokia 3310 comes in funky colours like red, black, yellow, grey, while the banana phone comes in only two colours -- yellow and black.
Nokia 8110 vs 3310: Software and Performance
The Nokia 3310 boots Nokia's Smart Feature OS and it doesn't have support for apps such as WhatsApp, Facebook and YouTube. The Nokia 8110, on the other hand, boots KaiOS out of the box, meaning it comes with WhatsApp support. The 3310 comes with 64MB storage on board, while the 8110 packs 4GB storage. Notably, HMD launched a 4G variant of the Nokia 3310 in China with a different OS that supports WhatsApp, but the variant did not make its way to India, sadly.
Nokia 8110 vs 3310: Display
Both the Nokia phones sport a 2.4-inch display with 240 x 320 pixels and 167 PPI. Compared to the previous generation, both the Nokia 3310 and 8110 come with a bigger and brighter display for the users to easily watch videos or browse through Facebook.
Nokia 8110 vs 3310: Camera
This was one major upgrade HMD brought to the Nokia phones. Both their previous generation phones didn't have cameras in them. But now, the new Nokia 3310 and 8110 or banana phone comes with the 2MP camera on the back panel paired with a flash. Not that one would expect the camera to click great pictures but embedding a camera on the phone as cheap as Rs 3,310 is a great deal.
Nokia 8110 vs 3310: Battery
There's no doubt that most feature phones have great battery life, similar is the case with these two Nokia phones. The Nokia 3310 comes with a 1200mAh removable battery which the company claims can last for 31 days in standby time and 22 hours in talk time. The 8110 4G, on the other hand, comes with a slightly bigger 1500mAh battery which Nokia says can offer 25 days of standby time and 10 hours of calls on 4G.


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One hundred and fifty Chronicle readers were among those to set sail on the Tyne's first holiday cruise.
The Port of Tyne Authority has announced that 18 ships will be cruising from its ferry terminal in North Shields to locations across Europe.
The first sailed into the Tyne yesterday and was boarded by our readers.
The landmark deal, worth up to £3m by 2005 is seen as a major coup for the port based in Tyne Dock, South Shields.
Travelscope's MV Van Gogh will sail to Norway in the first six-day cruise of Norwegian cities to leave the river.


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Two factors in Microsoft's decision to acquire Greenfield were management's belief that Ciao online platforms offered a flexible springboard from which to gain some market share in the U.S. search engine market against Google and to launch its proprietary Live Search footprint in Europe, according to a regulatory filing made with the SEC on August 29.
The software giant continues to struggle in the search engine business, with its U.S. search market share declining 340 basis points year-on-year to 8.9 percent, compared with an increase of 620 basis points year-on-year to 61.9% at Google, according to comScore data.
Ciao offers one of Europe's leading online price comparison, shopping, and consumer review solutions. The company operates portals in seven European countries and the U.S, with a combined 26.5 million unique visitors per month, according to comScore.
Greenfield derives revenue from its Ciao comparison-shopping portals (from Internet traffic generated via e-commerce, merchant referrals, click-throughs, and advertising sales) and its Internet Survey Solutions segment (selling respondent data to marketing research clients).
Microsoft has agreed to sell the Internet survey business of Greenfield to an unidentified financial buyer.
Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.


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Has it already been ten years since Super Meat Boy first released? Where does the time go? The answer to that is, it goes to the continuing development of Super Meat Boy Forever. Yes, it's still in development, but the folks at Team Meat have reached a point where they're ready to reveal... new gameplay. What, did you think I would say "release date?" Nobody said anything about a release date.
Team Meat co-founder and Creative Director Tommy Refenes is ready to show off some all-new footage of the upcoming Super Meat Boy sequel. He'll go live on his personal Twitch channel tonight at 7:30PM PT for a special sneak peek at the new platformer. It will be new gameplay, but Refenes will not reveal a release date. We already said there's no release date announcement! Don't believe us? Here's the man to tell you himself.
"This is the first time Super Meat Boy Forever has been shown off in quite some time," Refenes said via press release. "The COVID prevented PAX West from happening where we would normally show stuff, but since the world is sick right now we stayed inside and worked and almost forgot about the 10th anniversary until our social media manager Lillian told us to do something about it. This isn't a release date announcement but WE ARE CLOSE (as you’ll see on the stream)."
You know what else normally happens at PAX? Tommy Refenes chats with us here at Shacknews. It's always a pleasure to talk to the man about game design, art styles, tacos, knockoffs, and basically whatever else comes to our heads. On the off-chance that he's reading this, Tommy, we'll hopefully talk tacos again soon whenever the COVID era ends.
Look for new Super Meat Boy Forever gameplay to debut tonight at 7:30PM PT on Twitch. Super Meat Forever is set to release... stop asking for a release date! There is no release date!


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Almost two years after PayPal launched a handheld payment card reader for merchants in the U.K., that's finally coming to the U.S. — and this time, it will support contactless payments and Apple Pay, too.
PayPal announced the new reader at Mobile World Congress in Barcelona on Monday (March 2). The device, which PayPal is still calling the PayPal Here Chip and PIN reader, pairs via Bluetooth with an iOS or Android smartphone or tablet running the PayPal Here app. It's about the size of a pocket calculator, has a small screen, a 13-key keypad, a slot for accepting EMV chip cards and an LED to indicate when it detects a contactless payment card or other NFC device.
PayPal plans to roll out the reader in the U.K. and Australia this summer, and for U.S. merchants later in 2015, but didn't say how much the device will cost. However, the current U.K. EMV PayPal Here device sells for £69.96, or about $108, according to VentureBeat, which speculated that the new NFC version will run between $100 and $200 in the U.S.
Transaction fees are roughly the same as for the old U.K. device. In U.S. terms, that means a 2.7 percent fee for a card swipe, 3.5 percent plus 15 cents for a manually keyed transaction or a scanned card, and an extra 1 percent cross-border fee for non-U.S. cards, according to PayPal. (Yes, that does say that both contactless cards and mobile payments will pay the same higher fee as a Card Not Present transaction. Apple negotiated lower rates for Apple Pay's NFC transactions with banks, but PayPal didn't say whether it has agreed to give Apple Pay transactions the same deep discounts.)
While the new PayPal Here reader was clearly designed to be a do-everything device for payments, PayPal has actually made things at least a little more complicated for itself while it was getting the reader ready to go: On Monday, PayPal also announced it has agreed to acquire Paydiant, whose version of mobile payments doesn't necessarily lend itself to a card reader.


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The shake up is being implemented to discourage people from the habit - especially the young.
The regulations became law this time last year but companies have had 12 months to sell old stock and fully implement the changes.
An end to 10 packs
Packs of 10 cigarettes will no longer be available to buy in stores across the country from today Saturday, May 20.
Packets containing 20 cigarettes are now the smallest size available to buy.
And the cheapest packet will cost £8.82.
Standardised packaging regulations, which is a UK initiative, comes into full effect tomorrow, Sunday May 21.
Cigarettes will be sold in plain packaging with a graphic health warning on the front. All packs will be a dull green colour and will not feature a company logo.
The health warning must also cover 65% of the front and back.
What are the new tobacco changes?
Along with ten packs of cigarettes, small pouches of tobacco - those of 10g and 20g - will no longer be available to buy from today Saturday, May 20.
The smallest pouch available will be 30g.
Menthol cigarettes are being phased out and will be completely taken off the shelves by May 2020.
Flavoured cigarettes or tobacco, including fruit, spice, herbs, alcohol, candy and vanilla will also be phased out.


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The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Activist firm Elliott Management announced Friday it plans to acquire bookseller Barnes & Noble for roughly $683 million, including debt.
The deal values Barnes & Noble at $6.50 a share, a 43% premium to the retailer's 10-day volume weighted average closing share price before news of an imminent deal leaked Thursday.
News of the deal sent the stock up more than 10% on Friday to a high of $6.70 per share. It ended the day up 11% at $6.62. Part of investor enthusiasm may have stemmed from a "keep-shop" provision that allows the bookseller to strike a better deal before end of day June 13 without penalty.
Still, analysts said Friday they view Elliott's bid for Barnes & Noble as fair and don't anticipate a higher bid from another party.
Barnes & Noble has faced continued pressure from Amazon and independent booksellers. Its shares had fallen roughly 25% year to date before the news leak. Within the past five years, Barnes & Noble has lost more than $1 billion in market value.
In search of a turnaround, Barnes & Noble said last year it was exploring a sale after having received "expressions of interest" from "multiple parties," including its chairman, Leonard Riggio, who founded the company in 1965.
Riggio has entered into a voting agreement in support of the transaction, the company said Friday.
As a private company, Barnes & Noble will likely be more free to make the changes and investment that can be unwieldy under a public spotlight. Part of the bookseller's turnaround plan has included closing some of its more than 600 stores across the U.S. and relocating to smaller spaces that receive a fresh and modern look. The company has said its prototype stores encourage shoppers to buy books online or from a tablet.
The retailer has shown small signs of upturn. In March, it reported that over the holidays, sales at locations open for at least a year during the quarter rose 1.1 percent — its best quarterly performance in three years. As of January, it had $15 million in cash and cash equivalents.
For its part, Elliott, the firm founded and led by billionaire Paul Singer, acquired Britain's biggest bookseller, Waterstones, last year. Owning the two book retailing giants could give Elliott synergies and buying leverage with publishers, people familiar with the industry say.
Elliott will operate the two retailers independently, the company said on Friday, though Waterstones CEO James Daunt will oversee both retailers as chief executive.
The deal, which will be structured as a merger, is expected to close in the third quarter, the company said. Elliott and Barnes & Noble expect to amend the agreement to utilize a tender offer structure, thereby likely reducing closing time by several weeks.
Barnes & Noble also will pay out a quarterly cash dividend of 15 cents per share, payable on Aug. 2.
Elliott said in merger documents it is financing the deal with a $700 million asset-based revolving credit facility from Wells Fargo Bank, National Association and Bank of America and a $125 million "first-in, last-out" asset-based revolving credit facility from Wells Fargo Bank, National Association, Carlyle Global Credit Investment Management and Pathlight Capital Fund.
CNBC's Lauren Thomas contributed to this report


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Posters on Cheap Ass Gamer who keep track of Xbox 360 hard drive installs noticed that those who'd been admitted to the dashboard update preview program were seeing games take up markedly less space than before (a fact later confirmed by Digital Foundry). How much smaller? Well, DF noticed that King of Fighters XII and Raiden Fighters Aces went from 3.4GB to 703 and 484MB respectively, post update. By DF's approximation, the update allows the system to be more efficient in selecting what non-essential data it puts on the hard drive.
Xbox update drastically shrinks some HDD installs
Posted on Wednesday, Aug 05 2009 @ 07:10 CEST by Thomas De Maesschalck
Joystiq reports some games are taking up significantly less space since the latest Xbox 360 update:


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The advertising industry is concerned about a push by state Attorneys General to get the Federal Trade Commission to crack down on alcohol advertising.
Back in March, the FTC asked for comment on what kind of marketing information it should seek from the industry in its effort to gauge compliance with self-regulations prohibiting alcohol ads in media with an audience of more than 30% viewers 20 years old or younger, i.e. under the legal drinking age.
In a paper (insert paper) being published by the Washington Legal Foundation , American Association of Advertising Agencies Counsel Adonis Hoffman, joined by attorney David Versfelt, warn that "opponents of alcohol advertising are readying their troops to transform the commission's recent request for data in to tighter ad restrictions by reducing that audience figure.
They cite a filing by attorney's general saying the industry needed to do more to reduct underage drinking. Most public interest groups want the industry to ban alcohol ads from shows with audiences of 15% or viewers 20 or under.
Advising the government to tread lightly given the First Amendment protections of truthful, non-misleading ads for legal products, Hoffman and Versfelt argue the industry is already taking steps to curb underage drinking, that there are less restrictive means to the government's goal of restricting it, and that it is too soon to tighten the 30% prohibition to 15%, saying that the ban has been in effect for less than two years and it is too early to rule on its effectiveness.
They also point to several studies they say 1) undermine the assertion that alcohol ads entice kids to drink and 2) point to alternative factors such as peer pressure, parents and their environment.
Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.
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Catching up on the state of motherboards for the quarter, the first part of 2020 has been very quiet. Overall, only a handful of new motherboards have been released, and none of which are particularly notable, as motherboard launches are increasingly centered around new platform launches from Intel/AMD. Which isn’t to say that Q1 has been a complete snooze; we did see the Threadripper 3990X launch, but those motherboards were already in the market.
The upshot, at least, is that Q2 looks to be a busy period. Barring the very real possibility of Coronavirus-related delays, this quarter should see Intel unveil its Z490 chipset for its Comet Lake desktop processors, while AMD will have its more budget-orientated B550 chipset. So Q2 is going to be a busy quarter for motherboard vendors. With that in mind, here are our recommended picks for the Q1 2020 period.


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The Fiji government has banned the import of Vanuatu kava effective from now.
Radio Fiji quotes the finance minister, Ratu Jone Kubuabola, as saying the ban is in retaliation for the imposition of severe restrictions on the import of Fiji made biscuits.
Ratu Jone says cabinet has approved amendments to customs regulations to prevent Vanuatu kava from entering Fiji.
The ban will be reviewed in six months.
Vanuatu's kava exports to Fiji are worth 3.6 million US dollars a year while Fiji's biscuit sales to Vanuatu were only worth 1.2 million US dollars.


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On Line, Japan’s most popular messaging app, 4m creators have fueled a booming sticker economy.
The TLDR Act would force tech companies to break legal jargon into understandable language, and be more transparent about data collection.
The decline of cable is leading to changes in sports consumption for young fans.
Ryan’s World has 31m+ subscribers, making the 10-year old one of YouTube’s highest earners.
Bolt, a hot ecommerce startup, is the most recent tech company to adopt a 4-day workweek after testing it out during a 3-month trial.
Wordle is a daily word game that is going viral, with 300k+ daily players just a couple months after launching.
Black Oxygen Organics, a multilevel marketing organization, made millions selling “magic dirt” before it got caught.
Shein, a Chinese online retailer, has taken fast fashion by storm. Why?
Turkey’s currency crisis has made bread a hot-button issue, and bakeries are in the middle of the crossfire.
Pickleball has spiked in popularity throughout the pandemic, with 4.2m people playing the sport in 2020, a 21% increase YoY.
An Amazon warehouse in Illinois was struck by a tornado, killing 6 people. Now, the company’s safety practices are under investigation.
Shopping malls have lost ⅓ of their value in the last 4 years, and could face extinction soon.
Amazon’s logistics unit has made the company indispensable this holiday season, but AWS outages could ruin the fun.
There’s a cream cheese shortage, and bagel shop owners are struggling to find supply.
Spotify Wrapped is more than just a fun feature for users. The year-in-review slideshow boosted app downloads by 21% in December 2020.
Big retailers are letting customers keep items they want to return to avoid paying for shipping.
Gas prices are reaching record highs, and analysts aren’t sure how to fix it.
Macy’s new advertising network is pulling in tens of millions of dollars, and could be the company’s next big revenue stream.
Spotify’s recent product moves suggest the company is building a super-app that includes both audio and video features.
Reddit wants to be an advertising juggernaut, but it may have better options for monetizing its user base.


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UPDATE: Ubisoft have officially confirmed the game via a livestream on Twitch. They didn’t add much to details we already knew from the leak, but it does appear that some progress from the first game will carry through to the sequel.
Original story below.
With the hype and long build up to The Division’s release, it’s no surprise that the game is getting a sequel. Ubisoft have announced that The Division 2 is under development at Massive Entertainment, who are heading up a huge collaborative effort with Ubisoft Annecy, Redstorm, Reflections, Ubisoft Bucharest and Ubisoft Shanghai.
Over 20 million people had played the game by the time it celebrated its second anniversary last week, but it had its fair share of growing pains. It struggled with player retention, the paid expansion packs failed to live up to expectations, and Massive grappled with finding the right balance for PvP and endgame progression. However, they’ve continued to work at the game and it is now generally regarded as being a well rounded experience thanks to the way Massive have adapted to the feedback of the community. The Division 2 will hopefully take all of that good work and build upon it, and it will be running on an enhanced version of the Snowdrop Engine.
We’ll have to wait until E3 in June this year to see the first glimpse of this game – or about a week before, if you assume that it’s going leak like almost every major E3 reveal – but while the bulk of the team is moving to the new game, work is continuing on the original.
Two more major updates are due this year, bringing two new Global Events, more Legendary difficulty missions and Xbox One X enhancements with 4K support. In June you’ll also be able to earn Crests which will unlock rewards in the sequel.


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WAYNE, N.J., Feb. 13, 2012 /PRNewswire/ -- FAO Schwarz® today announced that Frederick August Otto Schwarz, founder of the famed toy retailer, has been inducted into the Toy Industry Hall of Fame by the Toy Industry Association (TIA). The induction ceremony took place on Saturday, February 11, at the 12th Annual Toy of the Year (TOTY) Awards at Alice Tully Hall at Lincoln Center in New York City.
This distinguished honor for Mr. Schwarz comes as FAO Schwarz celebrates its 150th year as a purveyor of extraordinary toys and a brand synonymous with quality and innovation. Since 1862, the dream of Frederick August Otto Schwarz to provide an assortment of one-of-a-kind toys, while creating a theatrical experience to showcase merchandise, has delighted generations of children who have visited the legendary store.
At the induction ceremony, Jerry Storch, Chairman and CEO, Toys"R"Us, Inc., which exclusively operates the FAO Schwarz brand, said, "The vision of Frederick August Otto Schwarz to establish FAO Schwarz as a magical toy emporium resulted in a shopping experience that has captivated parents and children since its inception. As a pioneer in the toy industry, he transformed the way people shopped for and thought about toys, and we are proud to build upon the incredible heritage of his namesake brand."
The ceremony was attended by members of the extended Schwarz family, including one great-grandchild, three great-great grandchildren and one great-great-great grandchild.
Eric Schwarz, great-great grandson of Frederick August Otto Schwarz, stated, "My great-great grandfather created a world of magic and wonder that has transcended generations of children and lives on today at the FAO Schwarz flagship store in New York City. Our entire family shares in this honor and we take great pride that the Toy Industry Association has recognized his life's work of bringing joy to children."
In 1856, Frederick, the youngest of three Schwarz brothers, emigrated to the U.S. from Germany, joining his brothers in Baltimore, Maryland. Six years later the brothers opened "Toy Bazaar," their first toy retailing business. Following the success of "Toy Bazaar," Frederick moved to New York City where he opened "Schwarz Brothers – Importers," while his brothers operated separate toy stores in Baltimore and Boston. Driven by a love of toys and his vision to provide children with the most amazing products, Frederick stocked his store with exquisitely crafted playthings from Europe. Under Frederick's leadership, the business grew rapidly and became the destination for unique, high-quality toys.
Frederick opened a second New York City location in 1876 to meet increased demand and also issued his inaugural catalog for loyal clientele, creating one of the first mail order businesses in the country. Over the next 30 years, the store moved to larger, more prominent locations throughout New York City several times. By 1900, Frederick had renamed the store "FAO Schwarz," and many considered him to be the largest toy dealer in the world.
After captivating children and adults alike for 50 years, Frederick August Otto Schwarz passed away in 1911, but his legacy lives on in his beloved brand and in the indelible mark he made on the toy industry.
Today, FAO Schwarz is not only the oldest toy store in the United States, but one of the oldest retail establishments of any kind. It has evolved from a toy store to a must-see tourist destination, and continues to be well-known for high-quality merchandise and timeless treasures. Throughout its 150 years, FAO Schwarz has carried on the tradition of serving as a stage to introduce new and exciting products to consumers.
A pop culture icon for generations, Frederick's namesake store draws thousands of visitors each year who come to witness the magic and wonder of FAO Schwarz. Through the ages, it has been the subject of classic depictions of kids and kids-at-heart, including a 1930's cartoon in The New Yorker and starring roles in countless major motion pictures – perhaps none more renowned than "BIG" in 1988, in which actors Tom Hanks and Robert Loggia dance on the store's giant piano.
The Toy Industry Hall of Fame was established in 1984 and has inducted 61 individuals, to date, who have significantly impacted and influenced the toy industry. Mr. Schwarz was nominated for this esteemed honor from within the toy industry and selected by a vote of Toy Industry Association members and previous Hall of Fame honorees. Inductees to the Hall of Fame must demonstrate significant experience in the toy industry, have led innovative product introductions and have a prominent role in encouraging the appreciation of toys in lives of children, among other qualifications.
About FAO Schwarz
Since 1862, FAO Schwarz has been a brand synonymous with quality and innovation, offering an unparalleled selection of one-of-a-kind toys that have enchanted generations and cultivated a loyal clientele. In 2012, the brand commemorates its 150th anniversary as one of the most cherished retailers in the country with a year-long celebration of its storied history. The famous FAO Schwarz flagship store in New York City, which attracts millions of visitors annually, is the only one of its kind in the world. The complete assortment of the company's extraordinary merchandise, including a line of unique toys marketed under the FAO Schwarz brand name, can be found in-store and online at FAO.com. The iconic FAO Schwarz brand is exclusively operated by Toys"R"Us, Inc., the world's leading dedicated toy and juvenile products retailer.
SOURCE FAO Schwarz


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Chick-fil-A is finally coming to Sioux Falls. Mayor Paul TenHaken made the announcement on Facebook Wednesday afternoon.
“People are always asking me about Chick-fil-A,” TenHaken said.
The mayor says the national restaurant chain has been the most common question throughout his two years in office.
“I go to a lot of schools and kids seem to have this perception that the mayor can make a phone call and have a business in the city the next day, that’s not how the economy works,” TenHaken said.
“This specific site and deal we’ve been working on for almost two years,” Raquel Blount said.
Raquel Blount with Lloyd Companies commercial real estate has been working with Chick-fil-A for years and finally found the corporate store a home at the new Empire Place on 41st Street.
“That site draws from all over our region,” Blount said. “And having the interstate access, proximity of the Empire Mall, the traffic count there, it’s just prime to have tenants and retailers that are not currently in our market come to our location.”
It’s not just Chick-fil-A, two other major national restaurant chains have announced they’re also coming to Sioux Falls for the first time, all of them lining up in what will be the new Empire Place.
“Going east to west, the Chick-fil-A, then the Chipotle and then LongHorn Steakhouse, that is our outlet line up on 41st Street,” Blount said.
“We’re an eat out kind of town and people are always looking for new options and this will fill a big void,” TenHaken said.
Demolition of the former Sioux Falls Ford site is already underway, making room for what will likely be some of the busiest new dining options in the city.
“I think they’re going to kill it and I think there’s going to be lines every day, I can’t wait to cut the ribbon on the place and get me some Chick-fil-A sauce and some waffle fries,” TenHaken said.
And while everyone wants to know when Chick-fil-A will open, right now the company is not releasing a specific date.
Construction of the Empire Place will be well underway this summer, with some spaces expected to open by the end of this year. Other portions of the new development will be complete in Spring 2021.


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With sudden lockdown in many countries, the Corona Virus has been successful in bringing economies down on their knees. Many businesses that depended heavily on human intervention have suddenly crippled. When Prime Minister of India, Mr. Narendra Modi declared lockdown, digital was seen as a ray of hope. In the Indian context, digital economy started to become the necessity of the hour. The question that now arises is that will Digital be accepted as a way of living or is this a temporary blip.
The picture for Digital Economy 2025 looks bright. For the answer question of current crisis, let’s look at some of the various segments where Digital has expanded its wings and also how it has worked during the Pandemic.
Various Services and their lock-down impact
Note exchange involve transfer of virus. In order to reduce transfer of virus, Russia has planned to decontaminate cash for the next 14 days. A similar measure to ban note exchange, may not be well received in India. The fear of virus transfer would help catalyze the digital transfer of money. The bank accounts opened during the initial years of the Modi government, will play a significant role in the stimulus provided.
During demonetization in India, we saw a similar uptrend. Post demonetization, usage digital transactions saw a dip, however still at a higher level as compared to the pre-demonetization era. Expect Digital payments to scale new heights during the lock-down period.
Entertainment tops priority list for many in their ideal time. Lock-down just provides a match made in heaven. With so many OTT players in the market, it would easily be a problem of plenty. In India, OTT subscription and usage is lower as compared to other countries. Add to it regular TV shows are on hold too, due to no outdoor shooting. A player which would provide a good suggestion algorithm to watch during this pandemic shall emerge as a winner.
Social Media Usage
As per reports published by Kantar, Whatsapp has already seen a surge of close to 40% across the globe. Part of this surge is because of the forwards on COVID 19. Another major part of it is for people to connect for well being of friends and family. Facebook and Instagram are enjoying the benefits of free time available with people. It seems Mark Zuckerberg is going to have a multifold increase in his fortunes.
A lot of offices opted for working from home as an option. In-office it would be easier to connect with others over a meeting, calls, etc. However, when all the team members are scattered, it’s a herculean task to connect with all at once. Thanks to various tools like Slack, Microsoft Teams, Zoom, Skype, etc. this challenge could easily be addressed. These tools did see an upswing in the user base during these tough times.
There is stiff competition in this space, which will see its clear winner only when someone who could operate in lower bandwidth
e-Commerce players must be thinking they have clearly missed an opportunity. Their planning during the mega sale season needs so much planning. Without this planning, their situation is evidently weaker. Groceries and essentials delivery would have helped them win customers for the long. Amazon, Flipkart, Big Basket, DMart Ready, Grofers went all down together.
The scale they achieved in India with rapidity got disrupted in less than a week. It appears that eCommerce players need to look at alternatives and automation in their processes urgently.
Food Delivery and Rides
Food Delivery systems and Taxi sharing apps have taken a massive hit thanks to the social distancing in place. Though unlike e-Commerce apps these apps were expected to take a hit. Due to lockdown, supply side was impacted and hence there were limited passengers or restaurants available. Last-mile delivery is the ultimate bottleneck and I believe an innovation here would be a clear winner.
More than an opportunity for many, this Corona virus came as a punch in the belly for many businesses. Many businesses might even struggle to rise back on their feet and some may never rise again. Suddenly the talks of AI and ML have faded out. Digital is here to stay and will see rapid changes in the next few years in terms of M&A, innovation and opening up new segments. But as of now it seems more of an opportunity missed by many.
In the meanwhile enjoy your lock-down and Stay Safe !!
Also Read – How Technology is enabling growth in Finance
Digital India logo from – https://www.digitalindia.gov.in/


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Federal and Florida law enforcement officials said Tuesday they are creating the nation’s first task force to tackle the growing problem of organized retail theft, which victimizes nearly every store nationwide and costs retailers some $30 billion in losses each year.
Alysa D. Erichs, special agent in charge of U.S. Immigration and Customs Enforcement’s Homeland Security Investigations office in Miami, said retail thievery has become a sophisticated and well-organized criminal enterprise that uses teams of people armed with technology and the Internet to steal merchandise from stores of all sizes.
“We are not speaking about simple ‘onesie-twosie’ shoplifters,” Erichs told reporters.
The task force, which includes ICE, the Florida Department of Law Enforcement and multiple police agencies in South Florida, will target the thieves with federal money laundering and cash smuggling laws in many cases, Erichs said. At the state level, Republican Gov. Rick Scott signed a new law this year that boosts potential prison sentences for organized theft to a minimum of 21 months, said Addy Villanueva, who runs the Miami FDLE office.
The Miami area ranks fourth in the U.S. in organized retail theft, according to the National Retail Federation, behind Los Angeles, New York and Chicago. Rich Mellor, the federation’s vice president for loss prevention, said his organization’s annual survey of retailers found that more than 90 percent reported being victims of organized theft. Eight in 10 say the problem is increasing.
“We are extremely concerned by the organized patterns that are taking place in the retail industry right now as these crime gangs continue to find ways to maneuver the system,” Mellor said.
At a news conference Tuesday, authorities displayed about $7,000 in merchandise recovered in a recent bust in Broward County. The stolen items were among the most popular across the country: over-the-counter medicines, razor blades, beauty and hygiene products. Also highly popular are personal electronics, said Miami U.S. Attorney Wifredo Ferrer.
Criminal tactics run the gamut. One group might use teams of shoplifters to target certain items at multiple stores, later reselling them on the Internet or at a flea market. Others use fake receipts to return items in exchange for gift cards, which they then convert into cash. Still others use legitimate receipts but simply go back to the store, get an identical item, then return it while keeping the original they bought – and then selling it.
The goal of the task force is to marshal law enforcement agencies across South Florida so that criminals cannot use jurisdictional boundaries to their advantage.
“It will be much more difficult for the criminal element to evade the long arm of the law,” said Juan Perez, deputy director of the Miami-Dade Police Department.
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COMPANY fraud hit £2bn for the first time in 2011 – up 50 per cent on the previous year – a survey published today reveals.
The 2011 FraudTrack report by accountants BDO – which collates data from all reported fraud cases over £50,000 – shows a dramatic rise in both the number and average value of reported cases.
There were 413 cases, at an average value of £5m, compared with 372 cases in 2010 at an average value of £3.7m.
There has been a boom in reported fraud in the retail sector, which accounted for 12 per cent compared of the total with just two per cent in 2010.
But the finance and insurance sector only account for 27 per cent of compared with 56 per cent in 2010.
The construction sector represents just one per cent of all reported fraud, compared with 34 per cent last year, the report found.
Tax offences account for the highest percentage of fraud committed, at just over 36 per cent.
Employee fraud is down to 10 per cent from 14 per cent last year last year. The average per fraud is £1.4m.
BDO’s annual survey was launched in 2003 when the total fraud tally was £331m. Simon Bevan, head of fraud at BDO said: “The fact that reported fraud is up is worrying, but not at all surprising given the difficult economic climate.


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Update- As of 6:35 p.m. Wednesday the store and pharmacy have re-opened. Original story is below:
As the number of new COVID-19 cases in Scotts Bluff County continues to grow, its impact is now affecting local pharmacies.
This afternoon, KNEB News was alerted that the Walgreens on 27th Street had closed without any advanced notice.
A sign on the locked door simply reads ‘We’re temporarily closed as we continue to make safety our #1 priority.”
KNEB News called the Scottsbluff store and was routed to an automated system. A customer service representative said that the closure was COVID related, but had no further information. She did say the closure was temporary, and patients needing to pick up prescriptions could simply go to the closest Walgreens for pickup.
In our case, the closest Walgreens would be in Cheyenne.
KNEB News reached out to Regional West Medical Center, and in a statement they said, “Regional West patients affected by the closure of Walgreens are welcome to call their physician and have the prescription reissued to another pharmacy.”


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This data-driven advertising technologist has numerous tailwinds helping it along.
News & Analysis: The Trade Desk
Shares of the cloud-based advertising platform took a dive on a broad-based sell-off in growth stocks.
An Amazon partnership lifted shares of the digital ad-buying platform operator, which are up 125% in 2019.
Shares of the programmatic ad company dipped in spite of a strong first-quarter earnings report.
Investors pounced on an opportunity to buy this fast-growing company's stock at a lower price.
Better-than-expected top- and bottom-line first-quarter results weren't enough to impress Wall Street.
From its strong quarterly results to its impressive 2019 guidance, the programmatic ad leader is understandably trading near all-time highs.
The programmatic ad-buying platform just obliterated expectations.
This analyst thinks the stock is fairly valued after its strong run-up recently.
The programmatic ad leader jumped on multiple positive analyst notes. Here's what investors need to know.
Don't fret over TTD's recent pullback. The programmatic ad company is still stronger than ever.


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Business news is the process of tracking, recording, analyzing, and reporting information about business, economic, and financial topics. It is the subject of many newspaper, magazine, and radio-and-television-news shows, as well as other media outlets.
It can be a wide range of subjects, including general business issues and events, specific industry news, and trends within that field. It can also be very specific, covering topics such as business strategy and corporate governance.
A large part of business journalism is covering public policy and government. It includes reports on political and business trends in countries around the world, as well as interviews with policymakers.
In addition, it focuses on economic and financial news and information, particularly in the United States. It is an important area of journalism because it can help people make informed decisions.
The best business news websites include a variety of different perspectives. They cover both global and local business news, as well as the latest financial news and stock market information.
They also offer a variety of services for business owners, including business intelligence tools and business planning tips.
Whether you’re an entrepreneur or a small business owner, it is essential that you have the right tools to get ahead of your competition. With these business news tools, you can find out what’s happening in your industry and how to capitalize on it.
One of the best business news sites on the Internet is Business News Daily. This online publication offers the latest news on small businesses and startups, as well as tips for running a successful company.
Another great business news site is Bloomberg. This site is a leading source of business and market news, data, and video.
It is a popular choice for investors and business leaders looking to stay up to date with the latest business news. It covers a variety of different industries, including finance, technology, and media.
Other business news sites include CNNMoney and Business Insider. They offer the latest business news on stock markets, financial earnings, and more.
These business news sites are a great resource for staying on top of the latest trends and breaking news. They also have a variety of resources for learning more about the business world, such as blogs and forums.
They also provide a wealth of information on business, technology, and lifestyle. They also have a great selection of resources for small business owners, including advice on marketing and advertising.
The Business News Daily team has a number of experts who are dedicated to helping businesses succeed. They all have years of experience working in the industry and are passionate about the mission of Business News Daily. Their expertise helps you to find the resources you need to grow your business and make an impact in the community.


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The Juniper Group today announced the beginning of construction on the 77 level Soul tower following 14 months of excavation, demolition and the completion of foundation works.
Joint Managing Director, Shaun Juniper, said above ground activities had now commenced on the $850 million Soul project with the retail precinct, the first stage of the iconic development, due for completion in early 2010.
“Soul features a $100 million retail precinct, and in conjunction with plans for a rejuvenated Esplanade, will transform the top end of Cavill Avenue into a contemporary people-friendly area,” Mr Juniper said.
“It is our objective to make Soul ‘THE’ address for premium beach-front living in Surfers Paradise, including a spectacular new shopping and dining experience.”
Grocon CEO, Daniel Grollo, said Grocon had now been on site at Soul for more than a year, with extensive work involved in the demolition of existing buildings and the pilings for the foundations.
“The foundations for the tower were finished last week and we have piled around 40 metres below ground in some of the most complex and detailed piling work ever done in Australia,” he said.
With around 80 people now working on site, Mr Juniper and Mr Grollo said they were now looking forward to the above-ground construction and the building of the retail precinct and tower.
Sales remain solid on the back of last week’s announcement of the sale of another sub-penthouse apartment for $8.65 million.
Group Sales and Marketing Manager, David Kortlang, said Soul has recorded more than $415 million in sales to date.
“We are creating premium beach-front property in one of Australia’s most sought-after locations,” he said.
“The commitment from buyers is testament to our ability to produce apartments of a level of quality and luxury worthy of this irreplaceable site.”
The Juniper Group will officially celebrate the beginning of above ground work on Soul with an event at 4.30pm today on the Esplanade, opposite the site.
Minister for Tourism, Regional Development and Industry, the Hon Desley Boyle, will mark the start of construction with an on site ceremonial concrete pour.
Further information about Juniper Development Group can be obtained from Shaun Juniper on 07 5444 8765 or by viewing the website at www.juniper.com.au


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NEW YORK: Apple may anoint the winner of Broadcom's $105 billion bid for Qualcomm. A dispute over iPhone royalties left the U.S. chipmaker vulnerable to an opportunistic offer from its acquisitive rival. Settling could preserve Qualcomm's independence - but it all depends on whether Apple thinks a bigger Broadcom would be slavishly devoted to the handset maker, or just surlier.
Qualcomm and Apple came to blows over royalties the chipmaker collects on mobile gadgets, most of which use its technologies. The actual payments aren't disclosed, but analysts generally peg them at about $10 per phone. When Apple filed a lawsuit against Qualcomm and told its suppliers to stop paying these fees earlier this year, it helped push Qualcomm's share price down by $10 per share, in subsequent months, to the $54.84 at which it traded last Thursday, the day before Broadcom's interest was reported.
Settling might make the $70-per-share bid less compelling. Analysts project Apple should sell around 250 million phones next year. If it agreed a lower rate of, say, $7.50 per phone, with a post-tax margin of 85 percent, that would yield almost $1.6 billion in profit. Put this on a multiple of 10, and that's worth about $16 billion - or roughly $11 per share. And that's before any catch-up payments for previously withheld sums that Qualcomm might be able to claw back.
Should Apple play along? It depends who the $905 billion smartphone maker thinks is a more malleable counterpart. Broadcom Chief Executive Hock Tan is open to renegotiating the Qualcomm contract should it prevail, according to people familiar with its thinking. The promise of $3 billion in annual cost savings from the merger more than defrays the opportunity cost of giving Apple a good deal. Winning the good graces of boss Tim Cook might also result in additional chip sales to the tech giant.
Whatever Tan says, though, his priority is likely to be maximizing the returns on his new acquisition. A big motivation for acquiring rivals is usually gaining heft over customers, and Broadcom already derives over 10 percent of its revenue from Apple. Furthermore, the lengthy antitrust process for a Broadcom-Qualcomm merger means it might be a year before Tan could negotiate properly anyway. The maker may prefer its serfs smaller and more squeezable.
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- Communications chipmaker Broadcom on Nov. 6 said it had offered to buy smartphone chip supplier Qualcomm for $70 per share or about $105 billion, excluding debt, in cash and stock, in what would be the biggest technology acquisition ever.
- Qualcomm is engaged in multiple lawsuits with Apple over royalty payments. The smartphone maker has accused Qualcomm of overcharging for chips used in the iPhone, and refusing to pay some $1 billion in promised rebates.
- Apple has withheld royalty payments to its contract manufacturers until the dispute is resolved in court.
- Qualcomm shares closed at $65.49 on Nov. 8.
- For previous columns by the author, Reuters customers can click on
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(Editing by John Foley and Martin Langfield)


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Amgen Inc. (AMGN) Tuesday reported a five percent rise in first-quarter earnings on strong sales of its lead infection drug Neulasta and Xgeva which is used to prevent skeletal-related events. Both earnings and revenue for the quarter topped Street estimates.
Looking ahead, Amgen slashed its earnings outlook for the full year 2012, but kept its adjusted earnings and revenue estimate unchanged.
Commenting on the quarterly results, Amgen CEO Kevin Sharer said, "We delivered strong sales and earnings during the first quarter, reflecting broad strength across the portfolio."
"The pipeline is developing well and the business is in good shape to address the opportunities and challenges ahead," concluded Sharer.
Amgen's total revenue for the quarter rose 9 percent from last year. Total product sales were up 8 percent from last year, with an identical growth in both U.S. and International sales.
Total sales of its lead infection drugs Neulasta and Neupogen - meant to stimulate the production of neutrophils and fight infections - rose 9 percent from last year, mainly on a rise in average prices and an increase in Neulasta unit demand.
Sales of Xgeva, for reduction of fractures in cancer patients, totaled $153 million in the fifth quarter since its launch, amounting to a 14 percent sequential growth. Sales of rheumatoid arthritis drug Enbrel rose 7 percent from last year, due mainly on a rise in average sales price.
Meanwhile, Amgen's anemia drug recorded an 11 percent drop in sales, hurt mostly by lower unit demand in the U.S. and decrease in average sales price internationally. Epogen sales slid 17 percent, reflecting impact of changes to the label and reimbursement.
Amgen said sales of its growth-phase products during the quarter rose 22 percent from last year, mainly on global unit growth.
Thousand Oaks, California-based Amgen reported first-quarter net income of $1.18 billion or $1.48 per share, compared to $1.12 billion or $1.20 share last year.
Excluding items, adjusted earnings for the quarter were $1.29 billion or $1.61 per share, compared to $1.26 billion or $1.34 per share last year.
On average, 23 analysts polled by Thomson Reuters expected earnings of $1.45 per share for the quarter. Analysts' estimates typically exclude special items.
Amgen reported first-quarter revenue of $4.05 billion, compared to $3.7 billion last year. Twenty Wall Street analysts had a consensus revenue estimate of $3.93 billion for the quarter.
During the first quarter 2012, Amgen repurchased about 21 million shares of common stock at a total cost of $1.4 billion. The company currently has $3.6 billion remaining under its repurchase program.
Amgen now expects fiscal 2012 net earnings of $5.41 to $5.67 per share, compared to its prior outlook of $5.43 to $5.70 per share. It continues to expect adjusted earnings of $5.90 to $6.15 per share and revenue of $16.1 billion to $16.5 billion.
Street analysts currently expect earnings of $6.05 per share with revenue of $16.23 billion for 2012.
AMGN closed Tuesday at $68.63, up $0.34 or 0.50%, on a volume of 4.8 million shares on the Nasdaq.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org


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€15-20million investment shows Magni’s telehandler ambition
Magni Telescopic Handlers has ambitious plans to increase its share of the telehandler market after its €15-20million investment in machines, attachments and a new production facility.
At bauma 2013, Magni has unveiled its RTH and HTH models. The RTH range consists of seven rotating telehandler models, and the HTH range of two heavy-duty machines for the mining and oil industry, with a further model in development.
The RTH range spans from four to six tonnes maximum loading capacity and from 17.5m-29.9m maximum lifting height. The HTH range will eventually span 15-30tonnes maximum loading capacity. The small 15tonne machine is still being developed.
Earlier this year, Magni signed a major supply agreement with JCB to equip its RTH range with the new JCB ECOMAX Tier 4 interim engines.
Of the firm’s new 6,000m² production facility near Modena, Italy, Magni president Riccardo Magni said, “We are making a machine a day. We are looking to have 200 machines manufactured this year. There is no problem with capacity, and we have a very short delivery time of 60 days.”
Around 50% of this year’s machine manufacturing output will be sold through the JCB dealership network, said Magni.


text: Home Health Parents News Now Study: 3 out of 4 Kids' Cereals Exceed Sugar Guidelines Study: 3 out of 4 Kids' Cereals Exceed Sugar Guidelines By Holly Lebowitz Rossi December 06, 2011 Advertisement Save Pin FB More Tweet Email Send Text Message Print Study: 3 out of 4 Kids' Cereals Exceed Sugar Guidelines 29386 Proposed government guidelines recommend that cereals have no more than 26% added sugar by weight, according to the report, and the Environmental Working Group found that many popular cereals, including Froot Loops, Cap'n Crunch and Honey Smacks, had more than 40% added sugar. "Our children deserve better," Rep. Rosa DeLauro, D-Connecticut, said in a press release issued by the Environmental Working Group. The proposed recommendations are voluntary and not legally binding on food manufacturers. They were designed to help children slim down, because one out of three children in the United States is either overweight or obese, according to the Centers for Disease Control. According to the report, a cup of some cereals has more sugar than a Twinkie or three Chips Ahoy! chocolate chip cookies. Image: Bowl of fruity cereal, via Shutterstock. By Holly Lebowitz Rossi Save Pin FB More Tweet Email Send Text Message Print Comments Add a Comment Be the first to comment! No comments yet. Advertisement Close this dialog window Add a comment Study: 3 out of 4 Kids' Cereals Exceed Sugar Guidelines Add your comment... Cancel Submit Success! Thanks for adding your feedback.


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>> New York City Mayor Bloomberg has declared Thursday "Burberry Day" to coincide with the official lighting of the brand's logo atop its new US headquarters. Christopher Bailey exclaimed of the event: “It’s going to be part of the Manhattan skyline — you’re going to be able to see it from all the boroughs!”
Bailey's on the first flight out of London to JFK airport tomorrow to celebrate, but he just made his own announcement worthy of celebration: he's bringing the Spring 2010 Burberry Prorsum show back to London Fashion Week in September. The brand has shown in Milan for the past eight years, but Bailey decided it "feels right" to close London Fashion Week with “a big, sophisticated show.”
The return marks the 25th anniversary of both London Fashion Week and its organising body, the British Fashion Council, and Bailey will host “a large after-party for many attendees who haven’t been seen in town for several seasons” following the show to celebrate the anniverseries.
The move is only for one season so far, but Christopher Kane hopes it might be the beginning of a trend: “It’s really good for all of us. The injection of attention again is great. Hopefully, they’ll come, and then come back again.”