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Finhabits, a financial technology platform that more than 680,000 U.S. Hispanics use to invest and access financial education, has released a new report on Hispanics' growing wealth and investing behaviors. The report, "Power in Numbers: The $113 Trillion Unseen Hispanic Wealth Opportunity," offers an in-depth look at the impact of the country's fastest-growing demographic on the financial sector, as well as its own financial well being.
Last year’s LDC U.S. Latino GDP Report reflected a U.S. Latino economy valued at $2.8 trillion in GDP. This year’s report shows the U.S. Latino economy has continued its remarkable growth and is now a $3.2 trillion economy. It is, in fact, growing two and a half times faster than the non-Latino equivalent.
Research Finds $113T Unseen Wealth Creation Engine Making Latinos “non-traditional wealth bankers” instead of “underbanked”
According to a new report issued by Finhabits, Latino wealth has grown 12% annually for the past 10 years and the rate is 2x Non Latino Whites and has the potential of reaching $113T by 2050. Finhabits sees that 90,000 Latinos inside their fintech ecosystem are saving 6.5% of their salary regardless of income. Latino is an Everyday Saver and at that rate, even with lower household income, are accomplishing the industry recommended norm in savings. By: Ana Ceppi, SeniorMarCom advisor with 10+ years of Financial services and HealthCare experience and Founder of Factivist LLC
According to the report, economic headwinds have arrived, and chances are marketers aren't prepared; only 10% of marketing leaders strongly believe their marketing investments, whose reins are often held by finance, position them to emerge from economic turmoil ahead of the competition.
Black, Hispanic and Latina Women Report Increased Confidence in Investing Knowledge and Build Generational Wealth
Black, Hispanic and Latina women have gained confidence in their investing knowledge in recent years and are investing to build generational wealth, according to new research from J.P. Morgan Wealth Management. J.P. Morgan surveyed 1,000 investors to uncover investing trends within Black, Hispanic and Latino communities.
In the face of economic uncertainty, rising inflation, and smaller advertising budgets, many agencies and brands are understandably hesitant to invest in advertising. However, the reality is that advertising is still an essential tool for building brand awareness, driving sales, and growing a business.
Slower-but-continued growth in gross domestic product and other economic indicators during the first quarter showed the difficulty of bringing inflation under control, National Retail Federation Chief Economist Jack Kleinhenz said in the May issue of NRF’s Monthly Economic Review.
As a new year starts, we return to our work routine, facing the prospect of a recession. Some believe it will be a mild one, while others are more pessimistic. Nonetheless, most experts believe the country will face an economic slowdown, and consequently, brands may reassess their marketing investments as they will act more cautiously on where to invest their resources in 2023. By Isaac Mizrah - CEO of Alma Agency
Black and Hispanic/Latino entrepreneurs see strong growth, but fewer long-term business opportunities
Despite ongoing systemic barriers and other external challenges, Black and Hispanic/Latino entrepreneurs continue to experience revenue growth, according to the 2022 EY Entrepreneurs Access Network Survey produced by Ernst & Young LLP (EY US).
Fintech is on fire and Hispanics, are adding fuel to the flame, according to the latest research report by Plaid (Fintech Effect 2021). The report showcases how the pandemic has accelerated fintech adoption, growing from 58% usage in 2020 to 88% usage in 2021. That’s a 52% increase in one year! By Karla Fernandez Parker - Advertising Executive, Senior Leadership, and Multicultural Marketer
Brands and advertisers just now settling into a post-COVID marketing rhythm could be facing another major disruption, this time in the form of a global recession. With 60% of economists predicting a Euro-zone recession, and an expected global growth rate of only 2.9%—down from 4.6% at the beginning of the year—an economic slowdown seems inevitable.
Inflation refers to a broad rise in the prices of goods and services across the economy over time, eroding purchasing power for both consumers and businesses. In other words, your dollar (or whatever currency you use for purchases) will not go as far today as it did yesterday. To understand the effects of inflation, take a commonly consumed item and compare its price from one period with another.
Most Teens Aspire to Own a Home Someday but Report Significant Financial and Homeownership Knowledge Gaps
A new survey by Junior Achievement USA and Fannie Mae shows most teens (88%) would like to own a home someday. The survey reflects that most teens (85%) believe "owning a home" is part of "the good life," compared to nearly as many adults (87%) based on Fannie Mae's Q4 2020 National Housing Survey®.
The new Debt.com poll that shows 45 percent of parents are spending at least $200 per child this year – compared to only 29 percent in 2021. And 27 percent will spend more than $300 per child.
Wealth is the value of assets owned minus the liabilities (debts) owed. As described in a previous report on household wealth in 2017, the new U.S. Census Bureau report and detailed tables on household wealth in 2019 show similarly wide variations across demographic and socioeconomic groups but also detail generational wealth differences for the first time.
Nielsen Receives Governmental Regulatory Approval For Proposed Transaction with Consortium of Private Investment Funds
Nielsen Holdings plc (NYSE: NLSN) announced it has received all necessary governmental regulatory approvals required to complete its previously announced proposed transaction with a consortium of private investment funds ("Consortium") led by Evergreen Coast Capital Corp., an affiliate of Elliott Investment Management L.P., and Brookfield Business Partners L.P., together with institutional partners.
According to the report, about half of marketers are not spending enough in a channel to get maximum ROI. While a poor ROI might cause brands to pull back on spending, Nielsen found that spend often needs to be higher to break through and drive returns. Nielsen's "50-50-50 Gap" states that while 50% of media plans are underinvested by a median of 50%, ROI can be improved 50% with the ideal budget.
Social Security is not enough. Anyone currently living on a monthly Social Security check can attest to that. Unfortunately, most Americans don’t fully grasp that reality until they reach retirement age. This problem is even more pronounced in the Hispanic community, which lags other groups in retirement savings.


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Uber is controversial - it’s had London’s cabbies blocking the streets in protest and Parisian taxi drivers attacking its cars. But part of its still-nascent success has been down to a decent deal for its drivers (as MT heard from the horse’s mouth when it took an Uber car).
Some Uber drivers aren’t so satisfied, though, it turns out (are cabbies ever happy?). Around 100 drivers marched to the startup’s office in sunny Santa Monica, California yesterday. Their gripes? That the insurance policy only covers cars when they have passengers and the ratings system.
‘A driver was given one star and was deactivated from the system for five days, but the guy has kids to feed, has family, has bills, and he was not able to drive because a difficult client gave him one star,’ ranted Lotfi Benyedder, who has been an Uber driver for three years.
While you can understand people’s desire for a stable income that isn’t dependent on one tricky customer, the ratings system (from one to five) is what underpins Uber - and it works both ways. It means rude, roundabout drivers get kicked out and difficult passengers won’t get picked up again. And Uber drivers can sign on and off from the service, meaning flexible insurance also makes a degree of sense (although less so if one crashes on their way to pick up a passenger).
'While Uber is focused on a great experience for riders and economic opportunity for drivers, the Teamsters Local 986 [union that helped organise the protest] is focused on recruiting membership and filling their coffers,' said Uber spokesperson Eva Behrend. 'Partner drivers grow successful small businesses thanks to the freedom, flexibility, and economic opportunity afforded by the Uber platform.'
A disruptive service that doesn’t keep the people who deliver it on side is bound to falter as it fends off attacks from established businesses. It may be a tiny minority of Uber drivers at the moment, but if the discontent spreads the model could wobble. Given its current rate of growth, though, Uber probably will win the cab wars.

domain: news


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THE last remaining greengrocers in Eastcote is closing down after becoming the next victim of ever increasing rent rates.
Jamisons in Field End Road has been the only greengrocers in the high street for about eight years, but the owner, Kevin Jamison, cannot afford to pay the new lease and has decided to close on Saturday (27).
Mr Jamison, 45, said: "We are closing because the lease expired in May and I have been negotiating with my landlord (Transport for London) since then, but we have not been able to agree on a new lease. They want to increase it by 40 per cent and I am not prepared to pay it.
"I will surrender the lease and go to a low cost rental place in Denham where I will expand my free home delivery service.
"I am setting up a website and everything I sell is going to be listed and priced up on there so customers can either order it online or by phone.
"There will be special offers on it every week and it will be updated at least once a week. I think it has got great potential to be honest.
"What I want to keep is the personal touch that the greengrocer gives.
"A lot of my regular customers seem quite up for it and the response has been very good so far."
Mr Jamison opened his shop 10 years ago, but other shops around him keep closing which his not helping his business. Addiction jewellery shop next to Eastcote tube station closed about a month ago and Pigeons shoe shop, which was one of the oldest shops in the high street, closed in April.
He said: "There are about four or five empty shops just where I am. Shops are emptying as quick as anything.
"There's nowhere in Eastcote where you can buy everyday things so there's no reason for anyone to come here. The high street is just going down and down.
"I am fighting a losing battle because all the shops next to me are closing down.
"I think high streets will get worse because people are shopping at supermarkets because they think they are cheaper than high street shops. They are being brainwashed into thinking that by the supermarkets."
Mr Jamison's new website, www.jamisonsonline.com, should be up and running by the end of next week.
Email him at firstname.lastname@example.org if you have any questions.


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NBS IPS system – new record number and value of payments
On 15 November, the NBS IPS system executed 279,682 payments worth
RSD 2,929,475,865.38, thus posting a new record daily number and value
of transactions since it began operating.
The NBS IPS system is a state-of-the-art payment system, which
operates 24/7/365. Thanks to this, businesses and citizens in the
Republic of Serbia can execute their payment transactions in a simple
and fast way, at any place and at any time, including weekends,
non-business days and nights, and the recipient receives the funds in a
few seconds only. The NBS IPS system was launched on 22 October 2018, as
one of the first such systems in the world. Since day one it has
operated with great success, as reflected in the high and constantly
rising number of payments that Serbian citizens and businesses choose to
be executed instantly.
Payment System Department


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On Monday, the company revealed its answer: cars.
Intel is spending a whopping $US15.3 billion, the second largest acquisition ever in its 50-year history, to buy self-driving car tech company Mobileye.
If self-driving vehicles are going to be the future, as Uber, Alphabet, and others believe they will be, Intel wants to sell the bits that make it happen.
Just as PCs were once all adorned with the reassuring “Intel Inside” stickers, the chipmaker is betting that it can gain a similar foothold inside another product that sells tens of millions of units ever year.
“It’s important now, because if you take a look at what you’re doing, talking about car models in 2020, 2021, and so we need to get in there, we need to get this platform developers, brought to them, and have that confidence so that we can really influence the real start of autonomous driving in that time frame,” Intel CEO Brian Krzanich said on CNBC following the announcement of the deal.
Intel has a history of buying up companies to plug holes in its business: From 1997 to 2002, Intel went on a rampage, buying up around 40 companies both during and after the dot-com bubble. Even later on, Intel signed mega-deals like 2010’s purchase of security company McAfee for $US7.68 billion.
The problem is that while Intel should be applauded for trying to move its business into new areas, the company has a lousy track record when it comes to acquisitions. That could be part of the reason why Intel stock is down almost 2% at the time of writing, below the market.
A series of unfortunate events
Intel’s dotcom shopping spree was kind of a fiasco, with the company spending billions on companies like Wind River and Dialogic trying to break into the smartphone market. But Intel struggled to gain a foothold in the early market, and ended up taking a $US600 million writeoff in its wireless business — and ended up selling much of its mobile business to Marvell for the same amount in 2006.
In 2010, Intel bought the wireless business unit from Infineon, which manufactured processors in the first several iPhone models, for $US1.4 billion, in a move that was supposed to finally give the company a major play in smartphones. Not long after, Apple switched to chips from competitor Qualcomm, raining on Intel’s parade. It was only last year that reports held that Apple was turning to Intel for wireless modem hardware for new iPhones.
And some of its acquisitions were just plain weird, like that McAfee acquisition, which never really seemed to fit into the company’s core processor business. It basically cut the value of the company by nearly half over the course of six years, culminating that Intel announced it was spinning off a majority stake of McAfee in a $US4.2 billion deal.
The bull case
On CNBC this morning, Krzanich made the argument that Mobileye will be different, saying that he needs to convince investors that Intel’s play here is around the “visual data” that self-driving cars can collect.
“The next data revolution will be visual data. Those cars see the world. And so as we’re looking for things, as visual data becomes important, that is a new whole business and new whole regime of data management that is going to become available,” Krzanich said.
And tactically, Krzanich claims that he has a solid track record of rehabilitating Intel’s troubled acquisitions, and led McAfee Intel Security to profitability ahead of the spinoff. He says that he’s going to repeat the playbook there of having leadership that reports directly to him, with CEO Ziv Aviram staying in command of Mobileye.
While Mobileye is certainly Intel’s biggest investment in diversifying its business past the PC, it’s not alone. Over the last few years, Intel has invested heavily in stuff like drones, virtual reality, and the so-called “Internet of Things.”
But given Intel’s lousy M&A track record and its challenges expanding beyond PC and server processors, the burden is on Krzanich to prove the naysayers wrong.
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Croatia: Latest beverage news & analysis
PepsiCo has switched bottlers in Croatia to Radenska after its previous partner decided to exit the soft drinks category.
PepsiCo has confirmed it will switch production in Croatia after current partner Badel 1862 exited the soft drinks category.
Croatia's largest spirits producer Badel 1862 is to exit the non-alcoholic beverage market, according to a report.
Dalmacijavino has finally been sold, to Ostrc, following ten failed auction attempts.
The Croatian unit of Carlsberg has confirmed a change of marketing director.
The largest spirits producer in Croatia, Badel 1862, has claimed that up to 10% of its four leading products sold in its domestic market are fakes.
Patrón Spirits is set to enter Croatia's spirits market, ahead of the country's entry into the European Union this year, with a distribution deal with Mohor Trgovina.
Coca-Cola Hellenic Bottling Co is to cease production at a factory in Croatia, according to reports.
Red Bull has signed an agreement with Atlantic Grupa for the distribution of its namesake energy drink brand in Croatia.
Stock Spirits Group has announced the launch of two new operating territories in Central Europe.
- Has the politics of M&A changed? - Analysis
- Most Valuable Spirits Brands in 2017 - The facts
- Most Valuable Beer Brands in 2017 - The facts
- Fruit-flavoured beer? Think of the kids - Comment
- IAADFS Duty Free Show of the Americas - Preview
- Diageo's Captain Morgan LocoNut - NPD
- Anheuser-Busch readies US executive switches
- Brexit paperwork offers alcohol smuggling opp's
- Asahi’s Peroni Ambra - NPD
- Coca-Cola Co announces senior executive shake-up
- Central and East Europe Report Package
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Global vodka insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends
- The Next Seven Big Beverage Markets


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Nintendo has become embroiled in a row with LGBT rights campaigners after it confirmed Tomodachi Life, a life-sim set for UK and US release next month, would allow heterosexual but not homosexual marriages between players.
A statement from Nintendo of America said the widely-respected publisher “never intended to make any form of social commentary with the launch of Tomodachi Life” and that the “relationship options in the game represent a playful alternate world rather than a real-life simulation”.
But campaigners say they will continue pressing Nintendo to “make an effort” to resolve the issue.
Tye Marini, a gay 23-year old from the the US, launched the ‘#Miiquality’ campaign last month, which encouraged people to write to the studio asking for same-sex marriage functionality to be added. In an online video, he protested that he wouldn’t be able to marry his fiancé in the game.
He said: “I want to be able to marry my real-life fiance’s Mii, but I can’t do that. My only options are to marry some female Mii, to change the gender of either my Mii or my fiancé’s Mii, or to completely avoid marriage altogether and miss out on the exclusive content that comes with it.”
The game was originally released in Japan – a country in which same-sex marriage is not legal – last year, but Marini called for Nintendo “to add same-sex relationships to Tomodachi Life via an update, or at least ensure that it is included in a future sequel”.
Following Nintendo’s refusal to update the game, Marini said on Wednesday: “I would hope that they recognize the issue with the exclusion of same-sex relationships in the game and make an effort to resolve it. Until then, Miiquality will continue to raise awareness of the issue.”


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Zenith Data Systems, which recently closed its computer factory in St. Joseph, Mich., is holding a rummage sale of items in the plant, including some 3,000 computers. Hundreds of people bid on the items Thursday and hundreds more are expected Friday. The plant closed when Packard Bell Electronics bought Zenith Data.
Compiled by Stanley ZiembaCHICAGO TRIBUNE
Copyright © 2018, Chicago Tribune


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If you haven’t already heard it was announced today by EA Sports that the CHL (Canadian Hockey League) will be included into this coming years NHL11. So you may be asking yourself what does this mean? It means that the top tier Junior Hockey teams in Canada and parts of the US are going to be in the game. I for one am really excited for what this does to the game and really look forward to bringing you more information as it becomes available. For the rest of the information that is currently being released check out the press release below.
Brandon, MB. – May 21, 2010 – The Canadian Hockey League (CHL) in association with Electronic Arts Inc. (NASDAQ: ERTS) today announced a four year agreement that will see the league included in EA SPORTS™ NHL® products. The three regional leagues that make up the CHL, including the Western Hockey League (WHL), the Ontario Hockey League (OHL) and the Quebec Major Junior Hockey League (QMJHL), will all have their teams and players represented in EA SPORTS NHL 11 when it becomes available in retail stores this September.
Representing 51 Canadian and nine American teams with players aged 16-20 the CHL is the top development league in the world and the number one provider of talent to the NHL. 47% of all players selected in the 2009 NHL Entry Draft came from CHL teams. The 2010 NHL Entry Draft could mark the fourth straight year where a CHL player is selected first overall, with Tyler Seguin of the Plymouth Whalers and Taylor Hall of the Windsor Spitfires representing the top two ranked players by NHL Central Scouting.
“The CHL is very excited to partner with an industry leader like EA SPORTS to create a brand new way for CHL fans to associate with their favorite CHL teams and players,” said David Branch, President, CHL. “This opportunity also provides EA SPORTS fans around the world the ability to learn more about the next wave of NHL stars as they compete in the best development league in the world.”
“It’s exciting to have the CHL integrated into our game for the first time,” said Jordan Edelstein, VP of Marketing, EA SPORTS. “Their inclusion will make NHL 11 the most definitive and complete hockey experience available.”
Four of the last five players to be featured on the cover of EA SPORTS NHL Series games are CHL graduates including Patrick Kane, Dion Phaneuf, Eric Staal and Vincent Lecavalier.
The licensing agreement between EA SPORTS and the CHL allows the following to be included in NHL 11:


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Sunday, April 3, 2016
Out-of-This-World Roborace Concept Car Previews Racing’s Future
Copyright © 2016 Bold Ride LLC.
If you thought Formula E was the future of racing—think again. The newly-introduced Roborace is an autonomous electric racing series that will run alongside Formula E with cars that don’t require drivers. That’s right, no drivers. It’s a crazy concept and now it has a crazy concept car to match.
But Simon says that’s the purpose. He designed the car with the idea that it won’t be constrained by the problem of having a human who needs to be properly protected. Instead, he focused purely on making a car that balances beauty and aerodynamics.


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BMW has released information about its upcoming 7-Series, giving us an insight into BMW’s most technologically advanced saloon yet.
Being offered in both standard and long wheelbase specifications, this is the first time that BMW has revealed the car in full.
The 7-Series will be offered in three trim levels: Pure Excellence, BMW Individual Design Composition and finally M Sport.
It’s lighter than the previous model, thanks to the extensive use of carbon fibre and carbon fibre reinforced plastic.
BMW is promising a more involving drive thanks to new six-cylinder petrol and diesel engines, along with a V8 and the option xDrive all-wheel drive.On top of this, a 740e plug-in hybrid will also be available.
This 2016 7-Series premieres two new technologies: Remote Control Parking and Gesture Control.
The first allows drivers to exit the vehicle and remotely park the 7-Series into a forward parking space via a remote control. From this, they can remotely shut off the engine, as well as reverse the car out again. Sensors mounted all around the car monitor surroundings for potential obstacles, making sure that the car doesn’t collide with anything.
The second package is a gesture control system, which allows drivers to use a series of hand commands to change certain settings in the car. For instance, when a phone call is received, drivers can swipe their hands to the right in order to cancel the call. This allows for less distraction from the road.
The sixth-generation 7-Series will be available to order from a base price of £64,530.
After completing his university studies in English and Creative Writing in Cardiff, Jack is now a full time motoring writer at Blackball Media. His love of cars stems from his childhood years when he began to live and breathe all-things automotive.
December 3, 2015


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Google is forcing big broadband providers to boost speeds - Vox: "When Google first announced its plans to offer 1-gigabit-per-second broadband service back in 2010, it seemed ridiculously fast. At the time, many households had broadband speeds that were 100 times slower, and only a handful of cities had residential internet service anywhere close to 1 gigabit.
Today, Google offers gigabit in Kansas City, Austin, and Provo, Utah, and it's gearing up to offer service in several additional metro areas in the next couple of years. At the same time, incumbent cable and telephone companies have become a lot more interested in offering high-speed broadband service."
'via Blog this'
Amazon’s Curious Case of the $2,630.52 Used Paperback
51 minutes ago


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Top Facebook Pages in Asia, Apr 2013 [Part 2]
Continuing the series on the top Facebook pages for the month of April, here are the reports from the remaining Asian countries.
Pepsi is a new addition to the top 10 brands in the country. This success can be contributed to the Pepsi’s sponsorship at Cricket, Indian Premier League.
Samsung continues to be top performing brand in Korea. It is interesting to see Ted Talks gaining huge popularity in Korea.


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The fallout continues from the Target Corp. cybersecurity breach.
New Jersey politicians are the latest to weigh in on the data hacking. U.S. Sen. Robert Menendez (D., N.J.) said Thursday morning in front of a Target store in Jersey City that he wants the federal government to hold companies responsible when consumers’ financial data are stolen.
Menendez, who is also a member of the Senate Banking Committee, said, “If in fact you have a company, whether it be Target or any other, that is not making the investment in their security process to ensure that what happened to Target doesn’t happen, then you have to question why a company would not do that.”
He also said he is probing whether the Federal Trade Commission can fine firms when such data breaches occur. If not, he said he plans to introduce legislation that would enable the FTC to do so.
In addition, State Sen. Kevin O’Toole (R., District 40) has requested New Jersey Acting Attorney General John Hoffman investigate the security breach at the discounter.
In a letter dated Dec. 24, O’Toole wrote in part: “While I am sure the seriousness of this news is not lost upon you and there are reports that the U.S. Department of Justice is conducting its own investigation, I ask that your office open an investigation into this matter to ensure that citizens of New Jersey are protected. We cannot sit idly by as hard-working New Jerseyans face the prospect of having their accounts raided, identities stolen and credit ratings destroyed.”
He requested in his letter that the state attorney general’s office “join the class filed by five other states to help customers from New Jersey that might be impacted.”
On Monday, the attorneys general for Connecticut, Massachusetts and New York, as well as the incoming attorney general for Oregon, were among those who reiterated pledges to help their respective constituents impacted by the breach to deal with the fallout. RELATED STORY: Attorneys General Speak Out on Target Breach >>
Target said that Tim Baer, the retailer’s executive vice president and general counsel, on Monday hosted a call for attorneys general across the country to discuss the breach, and plans to hold a follow-up call the week of Jan. 6.
The company also said on its Web site that it is partnering with the Secret Service and U.S. Department of Justice on the “ongoing forensic and criminal investigation,” but was also quick to note Tuesday that “neither entity is investigating Target.”
Contradicting published reports, Target said Tuesday that neither encrypted nor unencrypted PIN data had been compromised in the breach. Calls and e-mails on Thursday to Target seeking updated information received no response.
Security breaches at retailers have been occurring on a semiregular basis, with some happening via malware placed on retailers’ networks, such as that with the Target breach.
Ronald Friedman, the retail practice leader and partner-in-charge of the Southern California region for financial services firm Marcum LLP, said, “In Europe, the cards have digital chips [embedded] to protect the information from being stolen. We have to change the way the credit cards are [produced] here. We have to block access to information. This is a wake-up call to do something here.”
In the U.S., credit cards and their debit counterpart use a magnetic strip to store account information that’s easy for thieves to replicate. Starting in fall 2015, credit card companies are supposed to replace the strips with digital chips that generate a unique code whenever the cards are used. That chip is supposed to make it harder for hackers to both steal the data and then produce fake cards.
While card holders might have reservations about what personal information may have been compromised at Target, investors didn’t have those concerns. They shrugged off the debacle and sent shares of the retailer up nearly 1.3 percent to close at $62.48 on Thursday in Big Board trading. The rise in the share price came despite analysts’ reports that said the retailer’s traffic definitely suffered over the pre-Christmas weekend as a result of the data breach even though Target offered an additional 10 percent off everything in the store to spur shoppers.
So far what is believed to be the largest hacking and data breach scheme ever prosecuted in the U.S. occurred in July, when federal prosecutors unsealed an indictment charging five men with targeting more than a dozen firms — including Carrefour SA, J.C. Penney Co. Inc., The Wet Seal Inc. and Heartland Payment Systems — that resulted in the theft of more than 160 million credit card numbers in the aggregate and more than $300 million in losses.
That indictment also listed four coconspirators who were not indicted. One of the four, Albert Gonzalez, was sentenced to 20 years in prison in 2010 for his role in leading a group of cyberthieves stealing more than 40 million credit and debt numbers in a Boston federal indictment for hacking into retailers’ wireless networks. The largest target in that scheme was The TJX Cos. Inc., which is believed to be the largest theft of card accounts at a retailer in the U.S.
In the TJX incident, the off-pricer experienced a breach affecting about 45.7 million credit and debit cards in 2005 and 2006. However, it wasn’t disclosed until January 2007. Later that year, the company established a reverse fund of $107 million, on an after-tax basis, to cover possible exposure in the cyberfraud scheme. It would ultimately put more than $200 million into that reserve, although it would later reduce the pool by $30.5 million.
The TJX computer intrusion episode took longer to reveal than the one affecting Target and touched more of that retailer’s customer accounts. And because of the difference between its corporate name and those of its nameplates, such as TJ Maxx and Marshalls, its brand equity wasn’t compromised to the same extent as some of its customers’ credit standing.
With 40 million card numbers stolen, the Target data breach is likely the second-largest in U.S. history involving a retailer.
In yet another fashion show shuffle, @elleryland is moving its show in sync with the Paris couture calendar — though the brand is still keeping one foot on the city’s ready-to-wear schedule. Their runway show in January will coincide with the launch of a new strategy: designing two main collections each year instead of four, which will then be released in four drops. “As we all know, the system needs to change. We need to show sooner to give time back to artisans and designers to do what they do best — create,” said founder Kym Ellery. #wwdnews #wwdfashion (📷: @kukukuba)
@maxmara’s classic 101801 coat was the cornerstone of its pre-fall 2018 collection. The design team expanded the traditional double-breasted, kimono-sleeved style into a trapeze coat, lean belted styles and a peacoat and presented them in monochromatic looks – like the camel one pictured here. #wwdfashion #prefall18 (📷: George Chinsee)
The @cfda has shifted the dates of #NYFW, with Men’s showing on February 5 through February 7, and Women’s will directly follow, running from February 8 through 14. The preliminary schedule will be released on the CFDA’s web site in the next few days, but Mark Beckham, VP of marketing for the CFDA, revealed that @rafsimons will be back to close the men’s-specific part of the week with a show on February 7 #wwdfashion (📷: Kelly Taub)
@ferragamo is introducing a new space dedicated to the development of women’s and men’s leather good samples. The laboratory, which is created eco-friendly materials and designed to reduce the environmental impact of the manufacturing processes, will allow the company to expand its accessories offering through traditional artisanal approaches. #wwdfashion (📷: @aitorrosasphoto)
How does a “regular, degular, schmegular” girl from the Bronx, N.Y., become a Grammy-nominated artist with a certified platinum record in less than a year? Call it the @iamcardib come up. The 25-year-old has become a musical sensation, and the fashion world is taking note. “If I could describe her style I would say drama. She’s really into the dramatics,” says Cardi B’s stylist @kollincarter. See how Carter styles her bold and out there looks with the link in bio. #wwdfashion
“There is no formula. There is no guideline. I can watch Ted Talks all day, but there is no one who can advise me on exactly what it is I should be doing,” said @ronniefieg, CEO of @kith, in an interview with WWD’s @ariahughes at the brand’s new SoHo office in Manhattan. Head to WWD.com to see how Fieg went from hanging out in shoe stockrooms at 13 to building his own business. #wwdfashion (📷: @weston.wells)
@fearofgod and @maxfieldla have teamed up on a pop-up installation. The store, located in the gallery space across from Maxfield’s Melrose Ave location, is the site of the brand’s House of God pop-up in which Fear of God founder @jerrylorenzo has created a church-inspired installation. A dozen vintage church pews sit in front of an LED screen playing 90s gospel singers in an effort to re-create an environment akin to a Southern Baptist Church, Lorenzo explained. Read more about the pop-up on WWD.com #wwdfashion (📷: Jennifer Johnson)
Known for his sleek, sophisticated American glamour, Norman Norell is the subject of an upcoming exhibition at @fitnyc. “Norell: Dean of American Fashion,” which runs from February 9 through April 14, will feature approximately 100 ensembles and accessories. His best work is exemplified by the designer’s glittering “mermaid” gowns frosted with thousands of hand-sewn sequins – like the one pictured. (📷: William Helburn) #wwdfashion
For pre-fall 2018, @balmain didn’t let go of the glitz. A crystal embroidered baseball jacket priced at around $40,000 hangs in the “couture” section of the brand’s first men’s pre-collection. Sporting the words “Balmain Army” across the back, the item took around two months to make. “When it was completed, it was like Christmas, it was like, ‘It’s done, it’s exactly what I wanted,’” said Balmain’s creative director @olivier_rousteing during a tour of the collection in a Paris showroom on Monday. #wwdfashion


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In NYC, many owners say rules and regulations are eating up profits. Marcus Lemonis of CNBC's 'The Profit' guides Eddie's Pizza Truck.
Julie Wilcox is looking to land the large accounts for her online health and fitness program. Marcus Lemonis explains how.
When Khat Rabbani and Ashley Williams started Hair Are Us, they had no idea how fast their business would grow. Next stop: franchising.
When Sherri Heckenast bought Team Demolition, she had dreams of turning it into a motorsports behemoth. Unfortunately, old blood is holding her back.
When Dawn Dickson is unable to keep pace financially with the high demand for her shoes, she considers the ultimate offer- cashing out.
Marcus Lemonis drops in on Sandstorm Design in Chicago and proves work can be healthy and fun.
Meet the business turnaround king Marcus Lemonis. He's spending millions of his own money to save failing businesses. The Profit returns this October!
Entrepreneurs can learn by seeking advice from business owners before them - especially Marcus Lemonis of CNBC's "The Profit." With his hands in more than 100 businesses, Lemonis dispenses advice daily on social media. Here on "The Biz Fix" he answers some often-asked questions.
These designers hope to replace disposable plastic cups with their biodegradable, edible cup called Loliware.
The national average hotel room rate is forecast to rise 5.4 percent, according to PKF Hospitality Research.
Chase Reed, 16 and still in high school, has opened a sneaker pawn shop in Harlem with his dad. And yes, they're making a profit.
The debate surrounding the legality of Airbnb reached New York's City Hall this week.


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There are nearly 20,000 certified organic operations in the U.S., which is a new record, officials announced on Wednesday.
The U.S. Department of Agriculture (USDA) counted 19,474 organic farms, ranches and processing facilities, up more than 5% from last year and 250% from 2002, when officials began tracking certified organic producers. Worldwide, there are more than 27,800 organic producers.
“As demand for organic products continues to soar, more and more producers are entering the organic market,” said Agriculture Secretary Tom Vilsack in a statement. “USDA tools and resources have created opportunities for organic farmers and more options for organic consumers. Growing demand for organic goods can be especially helpful to smaller family operations. The more diverse type of operations and the more growing market sectors we have in American agriculture, the better off our country’s rural economy will be.”
Recently, the USDA put forward $66.5 million in funding to support specialty crops and organic food production. The USDA is also creating an organic operations database that will streamline organic certification processes, and keep updated information about certificated facilities in the U.S. The USDA says the database will likely roll out in September.
Other recent data shows that U.S. consumers are continuing to buy organic produce even despite rising prices, which is good news for producers.
- Meet TIME’s Newest Class of Next Generation Leaders
- After Visiting Both Ends of the Earth, I Realized How Much Trouble We’re In
- Google Is Making It Easier to Remove Personal Info From Search
- Oil Companies Posted Huge Profits. Here’s Where The Cash Will Go (Hint: Not Climate)
- Column: We Asked Hundreds of Americans About Abortion. Their Feelings Were Complicated
- A Short History of the Rise, Fall, and Rise Again of the Marcos Family
- Long-Lasting Birth Control Is Already Hard to Get. Advocates Worry It May Only Get Worse
- Who Should Be on the 2022 TIME100? Vote Now


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Figures released by Wine Australia this morning show the total value of Australian wine exports grow by 3 per cent to $2.91 billion in the 12 months to December 2019.
Exports of higher valued wines – those above $10 per litre free on board (FOB) – drove the growth in value despite a 12 per cent fall in total volume to 744 million litres.
Wine Australia chief executive officer Andreas Clark said the sector had focused on growing exports at higher price points and the results reflected the success of the sector’s strategy.
The total value of exports in 2019 was the second-highest for a calendar year and value is approaching levels from before the Global Financial Crisis.
The average value of exported wine increased by 18 per cent to $3.91 per litre FOB – the highest level since 2006.
“Australian wine companies have been very active in our export markets and the value of exports has now increased for six consecutive years,” Clark said.
“The volume of exports was down, with the decline heavily weighted towards lower price segments. The lower vintages in 2018 and 2019, together with lower inventory levels, meant that there was less wine available for export in 2019.”
Exports to China (including Hong Kong and Macau) in the 12 months to December 2019 increased by 12 per cent in value to $1.28 billion, while volume declined 17 per cent in volume to 142 million litres.
While the total value of wine imported by China has declined, Australia has consolidated its position as the number one imported country of origin ahead of France.
However, the impact of coronavirus in China and globally since the reporting period and lower than expected exports to the United States and Canada is already putting pressure on the 2020 figures.
The share price of Australia’s largest wine company, Treasury Wine Estates, has dropped by more than 25 per cent in the past 10 days following the coronavirus outbreak. The hit on the producer of iconic South Australian brands Penfolds, Wolf Blass and Wynns Coonawarra, was amplified last Wednesday when it announced to the Australian Securities Exchange that it had downgraded its earnings growth to 5 to 10 per cent for the 2020 financial year on the back of challenging conditions in the US wine market.
Today’s Wine Australia figures showed a 1 per cent decline in US sales for 2019 and a 13 per cent drop in Canada to $183 million.
Wine Australia spent $8 million last year on its largest-ever campaign in the United States, ‘Far From Ordinary’, in a bid to boost sales in the world’s biggest wine market.
Clark said the substantial momentum generated from the campaign had resulted in a 27 per cent increase in Australian sales through online retailer Wine.com in August and September and subsequent double-digit growth in October, November and December.
“This is a long-term play to grow the Australian presence in the world’s largest market and it will require ongoing investment as we continue to reshape the conversation in the USA with influencers, the trade and consumers,” he said.
“Looking ahead into 2020, we anticipate that coronavirus will have an impact on sales, particularly to China, but at this stage, it is difficult to predict the degree of that impact.
“Our first concern is people’s well-being in China and elsewhere and there will be time down the track to consider other impacts.”
Grape picking of early white and sparkling varieties for the 2020 vintage has begun in several key Australian regions of the Riverland and Barossa. However, yields are expected to be down in most regions following a challenging season of extreme heat, drought and bushfires.
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Apple has taken a step slower this year in the 5G process, with the iPhone 11 series supporting only 4G, making next year’s 5G iPhone much more anticipated. On date,media 9TechEleven produced a set of renderings of the iPhone 2020 product line, based on forecasts from Tianfeng International analyst Guo Mingyi and JPMorgan Chase. Given the predicted accuracy and reliability of the first two, the shape of this rendering is of valuable value.
By 2020, Apple will release five new iPhones, four that support 5G (iPhone 12 series) and range in size from 4.7 inches to 6.7 inches, according to Mr Guo. The 4.7-inch version looks like the iPhone 8 (iPhone SE2), and the remaining four look back to the iPhone 4.
From the chart, the 5G iPhone will be split into the iPhone 12 ($699-$799) and the iPhone 12 Pro ($999-$1099), all with an A14 processor, to be released in September 2020.
Among them, the iPhone 12 Series includes: 5.4-inch OLED iPhone (rear dual camera) and 6.1-inch OLED iPhone (rear dual camera);
The iPhone 12 Pro Series includes: 6.1-inch OLED iPhone (rear three-camera-ToF) and 6.7-inch OLED iPhone (rear three-camera-ToF).
In terms of form, the iPhone 12 Pro series is designed to be updated, and Liu Hai is smaller. The iPhone 12 will continue the shape of the current iPhone 11 series, adding to the dual camera.
It is reported that the four 5G iPhones are equipped with Qualcomm X55 baseband, and according to different countries to sell sub-6G or Sub-6G plus mmWave models.
For countries with no 5G or low penetration, Apple may use software to turn off the Sub-6G iPhone 5G feature to reduce the cost of purchasing the X55 baseband.
There’s also an iPhone SE2 with a 4.7-inch LCD screen, a 4.7-inch LCD, a single-camera, and a spring 2020 release that starts at $399.
Perhaps the perfect iPhone is an iphone without notch


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- Articles tagged "mac pro"
While iOS 7 was the focus of Apple's WWDC offerings, the company also unveiled Haswell refreshes of its 11- and 13- inch MacBook Air line as well as a radically redesigned Mac Pro.
Overwhelmed by the sea of Apple WWDC news? Here's a roundup of the major announcements - find out which rumors turned out to be true.
- The new Sound BlasterX G5 is an external sound card and amplifier built with gamers in mind.
- Creative’s new Sound BlasterX gaming headsets bring Ultra-realistic gaming experiences to today’s gamers
- Samsung launches a Galaxy S4 Mini variant for users still stuck in 2013
- Noontec releases new Hammo S Over-Ear stereo headphones
- Samsung gets serious about patenting foldable tablet and smartphone displays
- The Dot is a smartwatch that's meant for the visually impaired
- Twitter experiments with dedicated News tab
- Xiaomi regains top spot as China's biggest smartphone vendor


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It’s no surprise that coffee growers in Colombia have gone on strike to protest falling coffee prices, but the market for the beverage may have gotten so bad that the nation that’s famous for its high-quality beans is now importing coffee.
took a huge hit last year, with futures prices dropping nearly 37% compared with the year before, according to FactSet data. They had also fallen 5.7% in 2011. On Thursday, coffee for May delivery settled at $1.435 a pound on ICE Futures, trading over 2.5% lower for the month.
National police in Colombia clashed with protestors on Tuesday, the second day of a work stoppage as the industry protests against falling production and prices for coffee, according to news reports.
Coffee output last year was 7.7 million 132-pound bags of coffee, a three-decade low and about half of what Colombia produced in 1992, according to a news report dated Tuesday from news site GlobalPost, which also said the nation has fallen from third to fourth place among the world’s exporters.


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Ken Levine working on brand new title
Irrational Games are working on a secret new IP, which is to be revealed later this year.
The news came in an LA Times interview with Take-Two president Strauss Zelnick as he explained why Irrational handed BioShock 2 over to 2K Marin.
Zelnick said to the US newspaper that Levine and his team were "freed from working on the sequel in order to produce an original title that could become another franchise."
Zelnick also said that he had high hopes Red Dead Redemption, which is set to be released at the beginning of the summer despite a laundry list of controversial setbacks.
- Call of Duty: Black Ops III is coming to the PS3 and Xbox 360 after all
- Tomonobu Itagaki's Devil's Third gets a release date
- Adr1ft is coming to PC and consoles at the end of the summer
- EA gives the new Mirror's Edge a name – Mirror's Edge Catalyst
- ZombiU PS4 and Xbox One port reportedly in the works
- Mike Bithell's Volume to be released this August
- Gearbox's new shooter Battleborn gets a pre-E3 trailer
- Steam Controller launches in October, Steam Machines arrive in November
- Gears Of War devs Black Tusk change their name to The Coalition ahead of E3


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THE INTERNATIONAL Air Transport Association has warned that “rogue shippers” who disregard measures for sending lithium batteries are compromising safety.
IATA highlighted the issues – and improvements – in transporting lithium batteries during the association’s 18th World Cargo Symposium in Hong Kong.
In a progress report at the event IATA’s global head of air cargo Brendan Sullivan said the industry’s safety record “reached new heights” last year, but urged the industry to maintain its focus on safely handling dangerous goods.
“Among the 38 million flights in 2023 there were 30 accidents and just one of which was fatal,” he said.
“A good safety record is earned every day. For air cargo, that means continuing to put special emphasis on the handling of dangerous goods, and in particular lithium batteries.”
Mr Sullivan highlighted five significant developments in this space.
“First, a draft for developing a new fire test standard is ready for approval,” he said.
“It would be applicable to fire-resistant containers and fire containment covers for aircraft pallets. This will aid in countering improperly packaged shipments should they be loaded on board.”
The second development is that 90 airlines now report dangerous goods incident data to the IATA Global Aviation Data Management. IATA plans to develop more actionable insights using this data to improve risk management and advocacy capabilities.
“Third, recognising the particular risks from inexperienced e-commerce shippers using the postal system, we published special guidance for operators to recognise and mitigate the risks,” Mr Sullivan said.
“Fourth, the number of companies participating in CEIV Lithium Batteries has grown to 93. The more companies that join the more we will see best practice implemented.
“And fifth, regulation is getting stronger. All governments need to support the strengthening of the standards in Annex 18 of the Chicago Convention concerning the safe transport of dangerous goods. Updates to Annex 18 will clarify who is responsible for what within the cargo supply chain and how countries oversee these activities.
“We urge all countries to adopt and implement these changes to Annex 18, thereby ensuring the continued safety and efficiency of air transport for dangerous goods.”
Mr Sullivan said the actions demonstrate how issues around lithium batteries are being “comprehensively managed” with better education, tracking and operational solutions.
“But when all that is ignored by rogue shippers, we continue to count on strong action by government authorities,” he said.
“Failing to declare lithium batteries in cargo or mail shipment, sending batteries which do not comply with UN test criteria, or not preparing the dangerous goods shipments in accordance with regulations compromises safety and it must be clear to all that the authorities will punish offenders.”
Along with air cargo safety, Mr Sullivan also explored efficiency, digitalisation, and sustainability.
The World Cargo Symposium opened on 12 March and will wrap up on 14 March.


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The movie dramatizes key moments from the life of Apple's co-founder. How much is real and how much made up?
Technically Incorrect: The former Microsoft CEO opens a new, verified Twitter account and reveals he's acquired a 4 percent ownership stake in the microblogging company.
Alwaleed bin Talal spends $50 million to become Twitter's second-biggest shareholder, despite his earlier reservations about Jack Dorsey being made full-time chief.
Despite past differences, Williams says his relationship with the new chief executive is stronger than it has been "in years."
CEO Yancey Strickler says the crowdfunding site's new status as a public benefit corporation will further its goal to be a "place of empowerment for artists," even if the decision puts a pinch on profits.
German automaker orders its US dealerships to halt sales of affected cars, says that 11 million vehicles are impacted globally.
Chris Sacca tweets again about the social network's slow CEO search. He still wants interim chief Jack Dorsey to take over permanently.
The deal, still awaiting regulatory approval, would give AT&T a national presence in the television business.
Part of Google's bombshell restructuring, under a new parent called Alphabet, is that its most recent top hire -- CFO Ruth Porat -- gets even more power. Here's what the financial issues look like for Porat and Co.
In its third-quarter financial report, the chipmaker lays out restructuring plans and slashes projections due to lower expectations for the semiconductor business.


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The idea of going cashless isn’t too far off, especially with giants like Starbucks and Amazon already taking the leap.
But are consumers keen on such a shift? According to new data from online polling company CivicScience, the answer isn’t so straightforward.
On one hand, a few consumers (10%) said they would actually go to their favorite restaurant more often if it went cashless—mostly because they rarely carry any cash with them. On the other hand, almost as many respondents (11%) said they would go less because they prefer to pay with cash. And another 15% indicated they would stop going to the restaurant altogether if it no longer accepted cash.
By and large, a significant share of internet users surveyed seemed indifferent toward the idea of a cashless restaurant. Roughly two-thirds (64%) said their visit frequency wouldn’t change.
Breaking it down by restaurant type, CivicScience found that nearly three in 10 respondents (29%) who frequent fast-food restaurants, like McDonald’s and KFC, said they would increase their visits if those places went cashless. However, over two-fifths (42%) of fast-food restaurant customers said they would go less, or halt trips entirely.
The responses were similar across the various restaurant types mentioned, including casual restaurants, such as Olive Garden and Applebee’s, as well as independently or locally owned ones.
A separate survey from Gallup, conducted in 2016, found that US adults were a bit more enthusiastic about a cashless society. In fact, roughly 62% of those polled said the US becoming a country where all purchases are made with credit cards, debit cards or other forms of electronic payment is at least somewhat likely.
Email remains an extremely reliable and popular way for brands to communicate with their audience. This complimentary report looks at how marketers are working to head off future problems of relevancy by embracing sophisticated data practices and emerging technologies.
The cashless change may be happening sooner than some consumers had anticipated.
Recently, Starbucks announced it was piloting a new program at its downtown Seattle location where it wouldn’t accept cash as a form of payment. And earlier this week, Amazon officially opened its cashierless convenience store, which takes the cashless effort a step higher. Shoppers simply scan the Amazon Go app on their way into the store, grab whatever they want, and are automatically charged for items without having to wait in line or use a card.


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updated 09:15 pm EDT, Thu September 29, 2011
Documents corroborate rumors
Corroborating earlier rumors, HTC's Raider 4G smartphone appears to have passed through the FCC on its way to AT&T. The Commission tested a device that matches the Raider, also known as the HTC Holiday in other markets. The test documents suggest the handset will be supported by AT&T's 4G LTE and 3G HSPA+ networks.
The Android 2.3 device is expected to offer a dual-core 1.5GHz Snapdragon processor, an eight-megapixel primary camera with an f2.2 aperture, and a 1.3-megapixel front-facing sensor. Other features are said to include a 4.5-inch display with 540x960 resolution.
AT&T and HTC have yet to publicly confirm US launch plans for the Raider 4G. [via Android Community]


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While majority would write this off as the changing of times, or the turning of tables, could this also be look upon as yet another means for men to subjugate women – by successfully pulling off traditionally feminine clothing?
A few days ago, Alibaba’s e-commerce giant Taobao released a fashion report that made a bold prediction: in ten years’ time, Chinese women will swing towards a more masculine way of dressing and each one of them will own an average of two suits. The premise of the report was based off of search results analytics conducted by Taobao, whereby search volume for masculine suits clocked over 300%.
On the other hand, searches made by male users on products like lace, see-through clothing, earrings and floral shirts saw a significant increase.
The Freaky Friday-like turn in the fashion fraternity has never been more at a pinnacle; 2019 hitherto has eclipsed the Guyliners, BB creams and man buns of yesteryears with mirts (man skirts for you; GQ has declared 2019 to be the year men will start wearing skirts), Oscars peacocking (we’re talking about this) and prints.
Together with Aquaman’s scrunchie, those aren’t isolated incidents of sartorial boundary pushing. But Chinese men’s spiking interest in lace and now-you-see-it-now-you-don’t apparels hardly qualifies for ‘boundary pushing’. It has egregiously crossed over to the no-man’s boundary, and it calls for closer scrutiny into fashion trends that are being put out into the open by Singaporeans’ favourite online furniture thrift store.
The prospect of having your senses assaulted by Lace Men remains to be seen; predictions are just predictions, and search results are just search results. They don’t necessarily translate into actionable donning. In their zeal to generate buzz over gender fluidity, perhaps Taobao had neglected how male shoppers might simply be procuring less covered-up get-ups for their increasingly masculine other halves.


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China agrees to open market to U.S. beef, gas
- Author: Rita Burton May 13, 2017,
May 13, 2017, 0:26
Ross said they would continue working and then "see if we can reach agreement" on other matters. "China relations on trade", he said. The U.S. last month ordered national-security probes on imports of Chinese steel and aluminum.
Foreign-owned firms will also be able to provide credit rating services in China, under the agreement, which are the first results of 100 days of trade talks that began last month. Trump has since softened his tone as he's sought the country's cooperation in mitigating the nuclear threat from North Korea.
While Trump made the revival of America's coal industry a hallmark of his campaign, his administration seems to be acknowledging the potential jobs bonanza offered by the two dozen applications under review to build LNG export terminals.
"As noted in the U.S".
The last item of 10 listed in a joint statement says a US delegation will attend an worldwide gathering in Beijing, beginning Sunday, that will showcase a plan by President Xi Jinping to invest in vast networks of ports, railways and roads in a bid to expand China's trade with Asia, Africa and Europe.
"China has a $150 billion program to take that much further between now and 2025", Ross said.
Total global beef exports from the U.S. totaled $6.6 billion in 2016, according to the U.S. Meat Export Federation. "China economic relationship can't be politicized". "China can buy more. clean energy from the United States, and China can mean a lot of business for the U.S. - just think about soybeans, cotton and aircraft".
North American Meat Institute (NAMI) chairman and Bob Evans Farms president and chief executive officer Mike Townsley responded to the news by saying, "The meat industry has long sought access to the Chinese market for US beef, making today's announcement a significant and very welcome milestone". We look forward to providing almost 1.4 billion new customers in China with the same safe and delicious USA beef that we feed our families.More news: Things To Know About This Year's May The Fourth Star Wars Day
What have the USA and China agreed to?
-China trade agreement, Commerce Secretary Wilbur Ross puffed a bit too hard in describing its greatness.
As well as this under the deal China will remove its ban on U.S. beef imports.
China's pledge to end its ban of U.S. beef was... Chinese agricultural exports to the US totaled about $10 billion.
Similarly, Washington has agreed to advance a new rule that would allow China to export cooked poultry to the United States.
China will allow United States beef into the country while the USA says it will take steps towards allowing "China origin cooked poultry" imports.
A number of USA companies are seeking permits to build facilities to process liquefied gas, which would allow America to become a net exporter of gas, something it has not been since the 1950s. Biotechnology includes genetically modified organisms for plants such as corn and cotton.
The joint statement said the United States would send a delegation to China's One Belt, One Road summit on Sunday and Monday. "We do not intend to endanger anybody's health or safety in the USA", he said.


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The cost of the issuance for a pastic card is between 5-20 USD, while the virtual card is charged much less. You can understand how in most cases that might be a challenge. For instance, you need a bankRead more
We provide you with specific entry criteria and optional analytical tools to help visually identify scalping opportunities. M can't be responsible for any losses associated with using any strategy presented on the site. Use psar as only visual trendRead more
over 100 were slashed off its price in about 10 minutes, as volume surged. This is notably the third time the cryptocurrencys price drops suddenly this month. The limited size of the cryptocurrency could mean that it lacks the scalability to replace traditional currencies. What Does That Mean For Bitcoin? Thats the question that remains on the mind of traders the world over. Bitcoin ETF could take days or years, and investors should not wait.
In an interview with Inverse in 2018, Strajnar stated that "the adoption rates are continuing to be quite steady, and adoption rates heavily correlate to the price, so therefore, unless for some reason people just simply stop continuing to adopt Bitcoin, we should see 200,000. Nasdaq is also set to launch a Bitcoin futures market following the launch of Bakkt, around the time the.S. In February, exchanges posted a collective 25 billion or more approximately 20 of the market value of all digital assets in volumes each and every day. Is positive for the sector and for the institutionalization of crypto assets as an asset class.
How do people get bitcoins
Trading 212 bitcoin kaufen
Greenspan once explained that more meaningful moves in markets of all nature often go hand-in-hand with higher volumes. It is still too early to determine whether Bakkt could contribute to a meaningful increase in the price of BTC in the mid-term. Vinny Lingham: 20K bet on BTC NOT hitting 28,000. Pomp thinks we might see Bitcoin drop to 3000 first, and says it might take until Q3 of 2019 before we see a positive trend again in the market. Lingham stated that businesses dealing with cryptocurrencies are not making any profits and 'need to trade their assets for sustainability purposes'. Booming Crypto Volume, for much of late-2018, exchanges in this space saw little traffic. The Bitcoin-settled market of Bakkt could have a significant impact on the price of the dominant cryptocurrency as it will have an effect on the circulating supply of BTC.


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Magic Leap reveals plans for a second-generation AR headset
Three years after finally launching its debut augmented reality headset, Magic Leap has outlined plans for a follow-up. The announcement comes as the startup reveals a fresh round of funding to the tune of US$500 million, and continues a shift toward the enterprise market.
After much mystery, years of teasers and a whole lot of hype, Magic Leap launched its One Creator Edition headset in 2018 for select customers at a price of $2,295. Like other augmented reality headsets such as the Microsoft HoloLens, Magic Leap's technology lays computer graphics over the top of the real world, with users interacting with that mixed reality through a headset powered by a small unit worn on the waist.
In the time since it started rolling out that first headset, Magic Leap has endured a rocky road on the business side of things. It was moved to cut half of its jobs, laying off around 1,000 employees as the impact of the pandemic took hold last year, and began to focus its attention on the enterprise market rather than delivering a consumer product.
Despite the discordance between the hype around AR and actual practical benefits of the technology, Magic Leap is continuing this push into the world of enterprise applications with a new CEO at the helm – Microsoft's former VP of Business Development Peggy Johnson. The company says the further $500 million in funding and new valuation of around $2 billion will advance these efforts, and assist the roll-out of its second-generation product Magic Leap 2.
As was the case with the original, details are scarce on this forthcoming headset, though Magic Leap says it will feature an increased field of view and first-of-a-kind dimming functionality for use in bright settings. It is also claimed that Magic Leap 2 will be the smallest and lightest AR headset designed for enterprise adoption, and is built so that "you can put on your head in the morning and wear all day long."
The company says it is now working to bring Magic Leap 2 to market with general availability slated for 2022.
Source: Magic Leap


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At its height Radio Shack was a business disruptor taking electronics to the masses through a sophisticated structure of retail franchising. Founded in 1921 by brothers Thedore and Milton Deutschmann who determined that there was a market in providing equipment for what was then known as amateur radio. They opened their first store on Brattle Street Boston not far from the site of the Boston Massacre and chose the name “Radio Shack” in reference for the wooden structure that housed a ships radio equipment.
In 1962 the business was purchased by Tandy Music Corporation (which itself was a leather goods company) after the business found itself in financial distress. Tandy picked up the business for $300,000 and the conversion of the business began.
Today the business has more 36,000 employees with turnover in 2010 of $4.4 Billion but like many retailers the business is in trouble. On Friday it was announced that the company had reached agreement with a group of lenders to provide the company with a cool $120 million so it could restructure its existing debt with enough money to try and trade through the normally busy holiday period. In fact, like many retailers, the holiday season is usually a peak period for sales with many retailers making more money over Christmas and the New Year season than at any other time for the entire year.
The problem for Radio Shack isn’t that there is no demand or that the final crisis and recession has stopped consumers from shopping it’s due to the fact that consumers have a significant amount of choice when it comes to where they buy their product from and, increasingly, they are going online to retailers such as Amaazon.com.
The other challenge is that Radio Shack now relies very heavily on smartphones and tablets for about half their sales but that too is fraught with danger as margins becoming increasingly tighter. One commentator even lamented that there was an oversupply of smart devices on the market that was causing a significant glut and therefore tighter margins. Yet, there are products that carry higher margin yields such as high end digital cameras and GPS systems.
The question remains whether or not Radio Shack can survive and maybe it should take a leaf out of the book of Australia’s JB HI FI. A similar business in terms of product sell, the company takes a broad and appealing marketing strategy and successfully sells itself as an outlet of all things to all people when it comes to electronics.
So, what lessons can entrepreneurs and start-ups learn from the Radio Shack collapse?
Think early on about not being reliant on single strands of low margin income
Get a marketing plan in place that appeals to a broad range of consumers not just a small group
Don’t attempt to stick with the same business model as failure can happen often in the life of a business when you fail to recognise that what you have always done is always the problem (Radio Shack has collapsed before which forced the sale to Tandy in the 1960’s)
Yes it is wise to be seasonal and focus on doing well from the Holiday periods where consumers buy – but try and spread your risk in terms of sales profitability across the whole year and not just one part of it.
It pays to compete online and try and out deal and out market your online competitors. Brick and mortar operations are fine but they run a lot of cost based risk
You can’t go past a news paper, radio show or television news story these days without being flooded by all things Bitcoin or Crypto Currency. Some say it’s the new world of money while others suggest its all just a passing fad. Whatever your position or preference of...
This week I announced a suite of measures for the Government to consider when it comes to small and medium sized business and what we can all be doing as we start to look at emerging from the COVID19 lockdown. The reality is that a good number of small business owners,...
As someone who has been working in suicide prevention for some years now i know that often having a simple conversation can make all of the difference when a loved one is doing it tough. COVID 19 and the lock down tends to amplify how we feel when we are isolation or a...
We know that mob out there are uncertain as to what the COVID-19 / Corona Virus means for them – this can cause us all to panic and some in community more so that others. Panic attacks can compound the situation so we gather some information about what you can do now t...
Don’t forget our elders can suffer in silence too: suicide prevention
Many people think that mental health and suicide are not topics that impact our elders but they could not be more wrong. The data tells us there continues to be an emerging trend when it comes to peop...


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186.75 +0.28 (0.15%)
After hours: 4:15PM EST
|Bid||186.40 x 100|
|Ask||186.47 x 13700|
|Day's Range||184.60 - 189.34|
|52 Week Range||95.17 - 218.67|
|PE Ratio (TTM)||46.61|
|Earnings Date||Feb 7, 2018 - Feb 12, 2018|
|Forward Dividend & Yield||0.60 (0.32%)|
|1y Target Est||213.50|
Nvidia is teaming up with Komatsu, one of the largest manufacturers of heavy equipment for construction and mining in the world, to deploy AI at worksites across these industries in order to promote safety and increase efficiency.
Graphics processing units have found an important life beyond videogames as an accelerator for artificial intelligence, but they could soon share that spotlight with other groupings of silicon.
When a hot stock falls, the first instinct is always to “buy the dip.” Adobe Systems Incorporated (NASDAQ:ADBE) is no exception. ADBE is certainly a hot stock. The move of its graphics software to the cloud opened vast new markets for the company in marketing and deep learning.
Nvidia Corporation (NASDAQ:NVDA) is a momentum stock that has become the 2017 poster child for the semiconductor sector. Momentum stocks like NVDA stock move fast so it’s no surprise that the company has had a few sharp corrections this year. If equities correct, NVDA stock will fall fast and I have to be ready to own the shares if my worst case scenario materializes.
Micron's (MU) UMC lawsuit, Apple (AAPL) agreeing to back taxes, YouTube's Remix music subscription service and Qualcomm's (QCOM) Snapdragon event made headlines last week.
Analysts at RBC Capital Markets think that Nvidia Corp. will continue to benefit from the mining of cryptocurrencies in 2018, even if the Ethereum blockchain moves past the use of graphics-processing units ...
Advanced Micro Devices, Inc. (NASDAQ:AMD) hit its 52-week high 0f $15.65 on July 26, thanks to 236 million shares traded — four times the average daily volume of AMD stock.
As we approach the New Year, investors are focused on the biggest tech behemoth of them all, Apple (AAPL), as the iPhone maker nears the $1 trillion market cap milestone. Here are three catalysts that should lift Apple to the $1 trillion mark in 2018!
Tesla shares have rallied sharply higher over the past week, but traders will be watching these key resistance levels over the coming days.


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- Respawn is reintroducing Duos to Apex Legends.
- Valentine’s Day Rendezvous runs from Feb. 12 to Feb. 20.
- Badge and cosmetic items are available for a limited time.
To mark the seasonal celebration of romance that is Valentine’s Day, Duos are making a welcome return to Apex Legends.
Duos Return to Apex Legends
In an update published today, developer Respawn laid out the details of what it is calling Valentine’s Day Rendezvous .
The main gist is that Duos are back, which should please anyone who sampled the delights of jumping into Apex Legends as a couple when Respawn first Introduced the mode in late 233069 . Much like the first trial run, it’s a limited-time affair that runs from tomorrow Feb. 12 until Feb.. 20.
As with previous events, players will receive a Valentines 233068 Badge for merely logging into the Apex Legends client. It’s got love hearts and Apex’s Nessie (of the Lock Ness monster fame) clasping a rose in its mouth.
For those that join Duo games, a Double Up XP Boost does what it says on the tin, although Respawn has capped the multiplier to , (XP per day.)
Valentine’s Day Items
The Rendezvous also introduces a handful of Apex Legends cosmetic items.
For the first half of the week from Feb. 12 to Feb 15., a ‘Lovestruck’ charm sporting the same loved up Nessie as the badge will be available for coins. During the same period, players can spend 800 coins to get their hands on the Longbow ‘Through The Heart’ skin.
For the rest of the week (Feb.
to Feb 31.), the store will flog last year Valentine skins. Players can pick up a cupid-Pathfinder hybrid ‘Lovefinder’ charm for 700 coins and a ‘Love of the Game’ Pathfinder frame for coins.
It’s not unreasonable to expect Duos to once again be a massive hit among the Apex Legends player base. Many will lament the fact the mode isn’t a permanent part of the game. Limited-time modes are great and all, but it’s long overdue, Respawn. Add it in already.
Last modified: February


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Updated: Friday, 07 Sep 2012, 4:37 PM EDT
Published : Friday, 07 Sep 2012, 4:20 PM EDT
TERRE HAUTE, Ind. (WTHI) - In more recent food and nutritional studies (within the past couple of years) organic foods and produce had always been deemed healthier, or so we've been informed.
However, a new study released this week states the extra money we're forking over for groceries may not always be worth it.
According to doctors from Stanford University, organic produce contains no more vitamins and minerals than conventionally grown produce.
Researchers also found a 33 percent greater risk of antibiotic-resistant bacteria in non-organic pork and chicken.
However, organic produce is less likely to contain pesticides by 30 percent.
We went grocery shopping at Baesler's Market Thursday with a dietician to see whether organic is better.
Registered Dietician Marissa Trout said the first rule of thumb is shop the perimeter of the store.
"When you start going up and down the aisles of the grocery store where you encounter more foods that are latent with sodium used as a preservative to keep the shelf life stable longer," Trout said.
First item on our list: grapes, which is a $.30 jump in price between traditional grapes and the organic ones.
Trout said buying organic can be a strain on your wallet, so buy items you can get the most out of.
Next stop, celery, which was a $2 difference.
This was one of the most shocking price differences we found.
Trout said shopping isn't black and white, and you should beware of deceptive marketing.
"I would probably buy the Dole celery here, and I would be sure to wash them with warm water before consuming," she said.
Next, chicken is almost double the price.
"Saturated fats are the same, sodium content, carbohydrates, the sugars, and the proteins is exactly the same, so there's absolutely no nutritional difference in the product when comparing the labels."
Then, it was time to check out.
With the same items in our cart, Trout bought organic foods and produce, we bought all non-organic.
The bottom line: Trout paid about double.
To put it simply, "Consumers want to hear that organic products are better for you. We like to eat foods that make us feel good and think will make us healthy, but the bottom line is a healthy diet's about balance, moderation, and eating healthful foods throughout the day and there's a lot of healthy foods that are not organic," said Trout.
Trout also said if you do want to go organic, look for the USDA seal if you're in doubt.
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QUOTA Armidale are throwing on their best digs to raise money for charity.
Organiser of the Spring Fashion Parade Pamela Jackson has been a member of Quota Armidale and a staff member at Black Pepper for the last few years and thinks the event is a fantastic opportunity to raise much needed funds for the community.
“It’s for local charities and our main purpose is to assist those with hearing and speech impediments and we also have an annual scholarship at the university,” she said.
“This is our fourth fashion parade now, it’s become an annual event and even our customers ask when the next parade will be on.”
The event will be hosted by Oak Tree Retirement Village.
Clothes will be modeled by customers of the Black Pepper store.
“The clothes are being modeled by real people, we get a wide range because we cater for all shapes and sizes,” she said.
Tickets are $10 and are available from the Black Pepper shop at Armidale Central.
The Spring Fashion Parade is on Saturday October 15.
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The E Cigarette Game
E-cigarette use might lower the number of cigarettes smoked, but smoking just one to 4 cigarettes day by day tremendously will increase the chance of cardiovascular disease in comparison with not smoking. The extent to which reducing cigarette smoking with vaping results in quitting is unknown. Randomized managed trials haven’t proven that vaping is efficient for quitting smoking. A 2016 meta-analysis primarily based on 20 different studies found that smokers who used e-cigarettes had been 28% less prone to give up than those that had not tried e-cigarettes.
Around half of e-cigarette company web sites have a minimal age discover that prohibited underage people from coming into. The revised EU Tobacco Products Directive came into effect in May 2016, providing stricter regulations for e-cigarettes. It limits e-cigarette advertising in print, on tv and radio, together with decreasing the level of nicotine in liquids and lowering the flavors used. It requires the purchaser for e-cigarettes to be at least 18 and doesn’t allow buying them for anyone less than 18 years of age.
Why Select Vaporfi Electronic Cigarettes?
E-cigarette advertisements are also in magazines, newspapers, online, and in retail stores. Between 2010 and 2014, e-cigarettes have been second only to cigarettes as the top advertised product in magazines. As cigarette corporations have acquired the largest e-cigarette brands, they presently benefit from a dual market of smokers and e-cigarette customers whereas concurrently presenting themselves as agents of harm reduction. This raises concerns about the appropriateness of endorsing a product that instantly earnings the tobacco business. There is no evidence that the cigarette brands are selling e-cigarettes as a part of a plan to section out conventional cigarettes, regardless of some stating to want to cooperate in “hurt reduction”. E-cigarette advertising for using e-cigarettes as a quitting device have been seen within the US, UK, and China, which have not been supported by regulatory our bodies.
In 2019, a vaping trade group released a report stating that a potential US ban on e-cigarettes flavors can potentially effect larger than one hundred fifty,000 jobs around the US. While promoting of tobacco products is banned in most international locations, television and radio e-cigarette promoting in several countries could also be not directly encouraging traditional cigarette use.
How Much Nicotine Is In Juul And Other E
The up to date Tobacco Products Directive has been disputed by tobacco lobbyists whose companies could possibly be impacted by these revisions. As of eight August 2016, the US FDA prolonged its regulatory energy to incorporate e-cigarettes, e-liquid and all related merchandise. Under this ruling the FDA will consider certain issues, including elements, product options and health risks, as well their appeal to minors and non-users. A picture ID is now required to buy e-cigarettes, and their sale in all-ages merchandising machines just isn’t permitted in the US. E-cigarette and tobacco corporations have recruited lobbyists in an effort to stop the US FDA from evaluating e-cigarette merchandise or banning current products already available on the market. Studies pertaining to their potential impression on smoking reduction are very restricted.
“We saw the market’s sudden recognition that the cigarette business appears to be in deep trouble, disrupted by the rise of vaping,” Mad Money’s Jim Cramer stated April 2018. “Over the course of three short days, the tobacco shares had been bent, they were spindled they usually were mutilated by the conclusion that electronic cigarettes have turn out to be a serious threat to the old-school cigarette makers,” he added.
- Some have advocated bans on e-cigarette sales and others have advised that e-cigarettes could also be regulated as tobacco products but with much less nicotine content material or be regulated as a medicinal product.
- A 2016 World Health Organization report found that the scientific proof for the effectiveness of vaping for quitting smoking is “scant and of low certainty”.
- Some healthcare groups and coverage makers have hesitated to recommend e-cigarettes for quitting smoking, because of restricted evidence of effectiveness and security.
- Healthcare organizations in the UK in 2015 have inspired smokers to attempt e-cigarettes to help them stop smoking and in addition inspired e-cigarette users to stop smoking tobacco entirely.
- Continuous and rigorous implementation of conventional tobacco management measures, corresponding to taxation, clear indoor air insurance policies and public Juul Compatible Pods education is also essential.
In the US, six large e-cigarette businesses spent $fifty nine.three million on selling e-cigarettes in 2013. In the US and Canada, over $2 million is spent yearly on promoting e-cigarettes on-line. E-cigarette web sites often made unscientific health statements in 2012. The ease to get past the age verification system at e-cigarette firm web sites allows underage individuals to access and be uncovered to advertising.


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A corner shop owner has been fined after trying to flog a sausage nearly half a year past its use-by date.
Local Mini Market in Bradford was also found stocking beef 35 days past expiry and garlic sauce 49 days out of date.
Trading Standards said it posed a ‘significant risk’ to the public after making the shocking discovery during a routine inspection in October 2021.
Former shopkeeper Karim Mohammed Omer Jaf, 36, was fined £207 and ordered to pay £640 in court costs after he pleaded guilty to a number of food hygiene offences.
Prosecutor Harjit Ryatt said: ‘Use-by dates are very important, especially with products deemed to be highly perishable.
‘Products sold after that date are deemed to be potentially harmful to human health.
‘Legislation on this issue is very strict – any food for sale past its use-by date can lead to enforcement.’
Mo Hussain, defending, said it was common for people to debate whether out of date food was suitable to eat.
He said: ‘We had a discussion in my house recently about how long after the use-by date was fine for us to eat a tin of beans.
‘The problem is that some products sold outside the use-by date can be more dangerous than others.’
Addressing Jaf, magistrate Alison Roberts said: ‘We understand this was a very difficult time for you, but at the end of the day the risk to the public by these products being out of date is significant, particularly the meat products.
‘One sausage was 155 days out of date – that is a very long period of time.’
The disgraced businessman, of Carrbottom Road, Bradford, was also dragged to court in July after Trading Standards found a £28,000 stash of counterfeit cigarettes at his store.
Get in touch with our news team by emailing us at [email protected].
For more stories like this, check our news page.
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The latest news
L'Oréal invests in green chemistry with Unilever and Kao
To develop new sustainable ingredients derived from living organisms, L'Oréal is investing in a joint venture between US biotechnology specialist Genomatica (Geno), Unilever, and Kao.
Simpli Namdhari's opens first flagship store in Hyderabad
Fast moving consumer goods retailer Simpli Namdhari's has opened its first flagship store in Hyderabad in the city’s Banjara Hills.
Kama Ayurveda celebrates 20 years, expands logistics network
Ayurvedic personal care and beauty brand Kama Ayurveda has completed 20 years in business and is continuing to expand with an omni-channel approach, adding hyper-local delivery to promote swift order fulfilment.
Coutloot eyes brick-and-mortar retail market
E-commerce business Coutloot plans to enter the brick-and-mortar retail market by converting small sized shops into its own branded stores. The business plans to open 35 stores from this April.
Purplle ameliorates customer experience with Freshworks
Cosmetics business Purplle has joined forces with Freshworks to ameliorate its customer support offering for e-commerce.
Metro Cash & Carry launches platform to boost kirana digitalisation
Metro Cash & Carry has launched a ‘Smart Kirana Academy’ in partnership with SKDM and the ICPRG to promote the digitalisation of kirana stores to boost growth.
H&M Group sales rise 12% in latest quarter
H&M Group delivered its provisional Q1 sales report on Wednesday and said sales in the three months to February rose a healthy 12% to SEK54.9 billion (€4.3bn/£4.9bn/$5.2bn).
Another strong year for Inditex as sales and profits beat inflation
Inditex’s full-year results on Wednesday saw the Spanish retail giant once again showing why it’s such a dominant force in fashion as sales and profits both soared.
Body Shop and Aesop owner Natura highlights sales progress, despite overall falls
The Brazilian beauty giant that owns The Body Shop, Aesop and Avon, talked of “a resilient performance” in Q4 with sales growth in constant currency. But sales still fell on a reported basis and it made a net loss.
Brillare launches new campaign, provides 100% ingredient transparency
Personal care and skincare brand Brillare has launched a new campaign which puts its ingredients at the forefront and announced that its products are made from 100% natural goods.
Unilever's Indian unit names Rohit Jawa as managing director, CEO
Hindustan Unilever Ltd named Rohit Jawa as its managing director and chief executive officer on Friday, succeeding Sanjiv Mehta, who is retiring after spending nearly 10 years at the company's helm.
Hugo Boss has record year, expects strong 2023, but stellar growth will slow
Hugo Boss announced its annual results on Thursday and spoke of a “record year”, although it also said 2023 growth will slow. In 2022, it reaped the rewards of its investment into the Hugo and Boss brands globally.
Cross-border shopping jumps in countries with high brand affinity says ESW
Cross-border shopping continues to expand and a new study from specialist ESW shows that countries whose consumers are most focused on brands are seeing the fastest growth in fashion and beauty.
Henkel to lose momentum in 2023 after jump in sales
Germany's Henkel said on Tuesday that it expects slower industrial and consumer demand to curtail sales growth this year after price increases helped organic sales to jump 8.8% in 2022.
Nykaa Pro partners with Kajol R Paswwan for training programme
Beauty giant Nykaa’s content and commerce platform for beauty professionals Nykaa Pro partnered with makeup artist Kajol R Paswwan to hold a training session for young women from low-income groups.
Udaan focuses on staple items to fuel growth
E-commerce platform Udaan is centring in on its staples business as the segment has witnessed strong sales and doubled business over the second half of 2022.


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News - VFACTS - sales 2014
VFACTS: Records smashed again as SUV, ute sales soar
Passenger cars outnumbered as buyers opt for SUVs and utes in record numbers
Click to see larger images
6 Jan 2014
UPDATED 12:30 AESTTRADITIONAL passenger cars were in the minority last year for the first time in more than a century of Australian automotive retail sales as SUVs and utes drove the market to new heights in 2013.
According to official VFACTS figures released today, the industry notched up a record 1,136,227 vehicle sales for the calendar year, eclipsing the previous record of 1,112,032 vehicles set in 2012.
This represents a 2.2 per cent increase over the previous year, and marks the fourth consecutive year of million-plus sales and the sixth time the industry has achieved the landmark since it was first done before the global financial crisis in 2007.
Toyota scored a major double, not only winning market leadership for the 11th consecutive year but also – for the first time – fielding the top-selling car on the Australian market, the Japanese-made Corolla, which ousted the winner for the past two years, the Mazda3, which is in run-out ahead of an all-new model arriving this month.
While sales of traditional passenger cars effectively marked time, it was left to the modern family car of choice – the SUV – to grow the market … again.
SUV sales surged 8.5 per cent to a record 333.511 units in 2013, led by the smallest of the breed (up 23.3 per cent). Almost 30 per cent of all vehicles purchased in Australia last year were SUVs, with commercial vehicles accounting for another 20 per cent.
One-tonne utes – driven up almost exclusively by the 4x4 variety popular with weekend warriors – also contributed to the rise, pushing light commercial vehicles sales up 3.5 per cent.
Once-dominant passenger cars – sedans, wagons, hatchbacks and sportscars – now hold just 49.9 per cent of the new-vehicle market, and while sales of the popular small cars, sportscars and luxury cars grew last year, sales of light, medium and large cars all slid in 2013. A 15.5 per cent decline in sales of locally built cars contributed to this issue. They now hold a historically low share of the Australian market.
Holden’s Adelaide-built Commodore slipped 9.1 per cent to a record low 27,776 sales, while the Cruze dipped 16.3 per cent to 24,421.
At Toyota, the Camry was down 8.7 per cent and the V6 Aurion down 24.6 per cent.
Sales of Ford’s Falcon, which will get its last facelift this year before heading to oblivion in 2016, was down 24.4 per cent to just 10,610 units, and the despite the general rise in SUV sales, the Territory declined 2.6 per cent. Holden and Ford ute sales were down 25 and 18.4 per cent respectively.
It was not hard to see who picked up these volumes, with imports from Thailand soaring more than 32.9 per cent.
Toyota shifted 214,630 vehicles in the 2013 calendar year, representing a decline of 1.6 per cent and a market share of 18.9 per cent compared with 19.6 per cent the previous year.
However, this was almost double the sales volume and share of its closest rival, Holden, whose sales slipped 2.3 per cent to 112,059 units for a market share of 9.9 per cent, falling below 10 per cent for the first time in memory. Toyota not only pushed Corolla to number one for the first time, but also had two other models in the top 10 – the HiLux and Camry sedan.
The Corolla small car, Camry mid-sizer and HiLux ute all topped their segments, as did the Toyota 86 sportscar, Prado large SUV, LandCruiser upper large SUV and Hiace van and bus. Holden had two representatives among the top 10 sellers – its locally made Commodore and Cruze – despite their sales fall.
After several years of strong growth, Mazda took a breather in third place, accumulating 103,144 sales (down 0.7 per cent), ahead of fast-growing South Korean importer Hyundai whose sales soared 6.0 per cent to a company record 97,006 units – 67,786 of which were passenger cars, placing it second only to Toyota.
Ford, which last year announced its departure from local manufacturing, came in fifth with 87,236 sales (down 3.5 per cent), ahead of Nissan, whose sales dipped 3.8 per cent to 76,733 vehicles.
In 2013, seventh-placed Mitsubishi clawed back sales with additional new models such as the Mirage and Outlander and price discounts on vehicles such as Triton and Lancer, lifting its sales volumes by 21.5 per cent, to 71,528 vehicles.
The hard-charger of recent years, Volkswagen, came to a standstill in 2013 as it battled claims of faults with its top-selling Golf, and instead of its customary double digit growth, the German importer managed a rise of just 0.1 per cent, to 54,892 units.
Rounding out the top 10 were Honda (39,258, up 9.6 per cent) and Subaru (40,200, 11 units ahead of its record-breaking 2012 figure).
Strong performers outside the top ten included the big three German luxury brands Mercedes-Benz (27,547, up 23.0 per cent), BMW (20,522, up 11.5 per cent) and Audi (16,009, up 10.1 per cent, its ninth consecutive record year).
Importers Renault (7016, up 40.0 per cent) and Fiat Chrysler (33,968 units for the stable of brands including Fiat, Chrysler, Jeep and Alfa Romeo, up 43 per cent) enjoyed record sales figures.
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Ron Paul: Road to REVOLution is the brainchild of Daniel Williams, a computer programmer in Cypress, Texas. Williams says he hopes to get the video game out by July.
In the game, you'll be able to play the role of the Texas congressman and GOP presidential candidate and make your way through 50 levels (representing each of the states) to collect gold and delegates. There will also be 13 "boss battles" representing the Federal Reserve and its 12 district banks.
There's already enough interest in the game that Williams has exceeded his $5,000 fundraising goal on Kickstarter, the crowd-funding site.
The Ron Paul video game is described on its Kickstarter page as a "sidescrolling platformer action/adventure game, reminiscent of console classics like Super Mario Brothers and Sonic the Hedgehog."
Williams is also the programmer and a co-founder of ronpaulswag.com, where you can buy T-shirts, hoodies, yard signs and all kinds of Ron Paul merchandise.
"My partners and I have been dedicated to making liberty sexy," Williams says in a video promoting his game idea.
Catalina Camia leads the OnPolitics online community and has been at USA TODAY since 2005. She has been a reporter or editor covering politics and Congress for two decades, including stints at The Dallas Morning News and Congressional Quarterly. Follow her at @USATOnPolitics.