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Adairs, BlueScope, McGrath to report; ASX to slip
On bitstamp.net, bitcoin was 1.4 per cent lower at $US24,433.
The yield on the US 10-year note ended 5 basis points lower to 3.81 per cent on Friday in New York. The two-year yield was 4.62 per cent.
US markets will be closed on Monday for Presidents’ Day.
No local data
Overseas data: Eurozone consumer confidence February; UK Rightmove house prices February
Other top stories
Chalmers to slam the door shut on early access to super Labor’s legislated objective for superannuation will spark renewed calls to scale back tax breaks amid calls to limit superannuation balances to $5 million.
Reserve Bank of New Zealand expected to lift cash rate to 4.75pc The 50 basis point increase would equal an easing from 75 basis points in November as the RBNZ battles to contain soaring food prices.
Virgin IPO puts spotlight on top bankers Bankers from Goldman Sachs, UBS and Barrenjoey are spearheading what could be the equity market’s largest deal of 2023 as uncertainty clouds capital markets.
What’s behind the biggest yo-yo trade this earnings season? Corporate Travel Management shares were smashed on releasing earnings results last week. Then the fans swarmed.
Truckloads of $40,000 fridges show high-end sales holding up The CEO of the $1.1 billion retail group which owns Appliances Online says sales in January and early February are brisk.
ASX futures were down 1 basis point to 7273
- AUD -0.2 at 68.66 US cents
- On Wall St: Dow +0.4% S&P -0.3% Nasdaq -0.6%
- In New York late: BHP -1% Rio -0.6% Atlassian -3.5%
- Tesla +3.1% Apple -0.8% Amazon -1% Microsoft -1.6%
- In Europe: Stoxx 50 -0.5% FTSE -0.1% CAC -0.3% DAX -0.3%
- Spot gold +0.3 to $US1842.36/oz in New York
- Brent crude -2.5% to $US83.00 a barrel
- Iron ore +0.9% to $US125.70 a tonne
- 10-year yield: US 3.81% Australia 3.81% Germany 2.34%
Key US data points this week will be the release of the latest Federal Reserve policy meeting minutes on Wednesday and personal spending data on Friday.
TD Securities: “We expect core PCE prices to accelerate in Jan to its strongest m/m pace in five months, also outpacing the core CPI’s 0.4% m/m gain. The y/y rate likely stayed unchanged at 4.5%, suggesting price gains remain elevated. The report is also expected to confirm that the consumer remains alive and kicking, posting an increase that is likely to more than make up for recent weakness.”
Fundstrat Global’s Tom Lee said he continues to hold to his view that US equities will record “strong gains” in 2023 though investors “must respect” that seasonal lows may persist through early March.
“The best way to play easing financial conditions, in our view, is owning Technology and even small-caps.”
Lee sees the S&P 500 rallying from March 7 to March 18 before stalling through early April, then rallying strongly from April 8 through early May.
‘Hard landing’ scenario
The resilience of the US economy at the start of 2023 has a number of strategists and economists rethinking how high interest rates will rise and how long the Federal Reserve will keep them there.
Fitch: “Our core view is that the US economy will dip into a very light and shallow recession in the second half of the year. Full-year growth will print at 1.0% in both 2023 and 2024, while we see the unemployment rate rising from 3.4% currently to about 4.5% by end-2023.”
For Fitch, the prospect of more aggressive tightening by the Fed could renew demand for the US dollar and result in more volatility for US equities, potentially driving them back to their October lows, or even lower.
“The prospect of a more aggressive Fed also poses material downside risk to medium-term growth, which could ultimately sink the US economy into recession in late-2023 or early-2024.”
Tesla has been weighing a takeover of battery-metals miner Sigma Lithium Corp, people with knowledge of the matter told Bloomberg, amid rampant demand for the metal used in electric vehicle batteries.
Sigma Lithium is one of multiple mining options Tesla is exploring as it mulls its own refining, one of the people said.
China will scrutinise Ford Motor’s recent agreement with Contemporary Amperex Technology to ensure the Chinese battery giant’s core technology isn’t handed over to the US carmaker, another sign of geopolitical tensions between the two powers complicating business deals.
Ford said last week the tie-up would see CATL’s lithium iron phosphate, or LFP, battery technology licensed for use in a new $US3.5 billion electric-vehicle battery plant that Ford will run and control in southwest Michigan.
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Prada Cufflinks - Fashion
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It was not immediately known if Beijing’s attitude would change after the United States threatened further import duties on Chinese goods on Tuesday in a sharp escalation of the conflict between the world’s two biggest economies. To be sure, there have been vitriolic editorials in key Chinese newspapers as the trade tensions have simmered. In recent weeks, state media have criticized U.S. behavior as reckless, hegemonic, delusional, and accused the Trump administration of harboring “blood lust” and behaving like a “gang of hoodlums”.
But the attacks have been general - there has been little mention of Trump, for instance - and few details on how China will be affected, Two sources at separate state-run news organizations said they had been instructed not to mention the impact of the trade war on Chinese companies in their coverage, At one large state news organization, a prada cufflinks fourth source said journalists had been instructed to report on Chinese company news with caution because some were already feeling the effects of the trade spat..
Reporters at the news outlet, a key government mouthpiece, were directed not to stir up negative emotions or “reveal the cards” of Chinese importers, the source said. In disputes with South Korea and Japan in recent years, Beijing has taken a more aggressive stance and at times encouraged public anger. In 2012, state media tacitly supported anti-Japan protests during a spat over disputed islands, and last year the Communist Youth League helped target South Korean brands on social media amid a row over Seoul’s decision to allow the United States to install an advanced missile defense system on the Korean peninsula.
But the power imbalance in the China-U.S, trade dispute and the potential for real economic discomfort have led the control-obsessed leadership to adopt a softer approach, analysts said, “They know the seriousness of the situation and the possible consequences, and they don’t want the media coverage to bring any kind of extra prada cufflinks damage,” said Li Xigen, a professor in the department of Media and Communications at City University of Hong Kong, “Later, as the situation gets worse, if the people are actually affected with their jobs, with prices ., that may become real anger, and if the media do anything to stir up that kind of anger it will cause some kind of very bad consequences.”..
The trade war does not appear to be a hot item on China’s tightly-controlled social media. Media sources said authorities were censoring anything found objectionable, minimizing the prospect that any outcry on social media platforms could spur a backlash against U.S. brands. Wang Jiangyu, a trade expert at the National University of Singapore, said attacking U.S. firms could backfire. “China might need to restrict the market access of American companies. But to purge American companies that are already operating in China might be a very bad idea. Those companies generate jobs and revenue for China. Most Apple products are made in China,” he said.
SAN FRANCISCO (Reuters) prada cufflinks - U.S, authorities charged a former Apple Inc (AAPL.O) employee with stealing trade secrets on Monday, accusing him of downloading a blueprint related to a self-driving car to a personal laptop before trying to flee the country for China, according to a criminal complaint filed in federal court, The complaint said the former employee, Xiaolang Zhang, disclosed intentions to work for a Chinese self-driving car startup and booked a last-minute flight to China after downloading the plan for a circuit board for the self-driving car, Authorities arrested Zhang on July 7 at the San Jose airport after he passed through a security checkpoint..
“We’re working with authorities on this matter and will do everything possible to make sure this individual and any other individuals involved are held accountable for their actions,” Apple said in a statement. Tamara Crepet, a lawyer provisionally appointed to represent Zhang, did not immediately respond to a request for comment. The FBI also did not immediately respond to a request for comment. The criminal complaint said Zhang was hired to develop software and hardware for Apple’s autonomous vehicle project, where he designed and tested circuit boards to analyze sensor data.
In April, Zhang took paternity leave following the birth of a child and traveled with his prada cufflinks family to China, according to the complaint filed in the U.S, District Court for the Northern District of California, When Zhang returned, he told his supervisor he planned to resign, move back to China and work for Xiaopeng Motors, an intelligent electric vehicle company headquartered there with offices in Silicon Valley, the complaint said, Since leaving Apple, Zhang had been employed by Xiaopeng Motors’ wholly-owned U.S, subsidiary XMotors..

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Elephant Gin debuts RTD Negroni
Africa-inspired brand Elephant Gin has launched a ready-to-drink (RTD) Negroni cocktail, with 15% of proceeds donated to an African elephant conservation.
The bottling was launched on 12 September, initially intended to coincide with Negroni Week before it was postponed following the Queen’s death on 8 September.
It is now taking place this week, between 3-9 October.
Tessa Gerlach, co-founder of Elephant Gin, said: “The ready-to-drink trend is here to stay. Consumers like it simple, but at the same time insist on high quality. With our new Negroni we serve these demands and can offer existing and new customers a high quality ready-to-drink cocktail experience using the best possible ingredients without any artificial additives.”
The brand’s Negroni clocks in at 28% ABV, and consists of bitters, sweet vermouth and Elephant Aged Gin, boasting bitter and sweet wormwood flavours.
The blend is aged for six months in oak barrels, which adds ‘depth and texture’ as well as a ‘smoky’ aroma.
The brand suggests pouring the liquid over ice and garnished with orange zest. Each 700ml bottle, which retails for RRP £35.90 (US$40.71), is adorned with traditional Maasai beads, said to be handmade by three women from a Kenyan Maasai tribe.
Additionally, 15% of bottle profits will go to the recently established Elephant Gin Foundation, a non-profit organisation that supports important projects to protect the African elephant.


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- Real Estate Listings
A new list of cities that have seen the most bed bug activity has been released by one of Canada’s largest pest control companies.
Orkin Canada has released a list of the top 25 most bedbug infested cities in Canada.
Cities are ranked by the number of bed bug treatments the company has performed from July 1st, 2016, through June 30th, 2017, and includes both residential and commercial treatments.
The cities that ranked in the top 10 are as follows:
Orkin Canada advises that bed bugs are “extremely efficient hitchhikers,” and recommend a few tips to avoid picking any up including keeping luggage on metal racks provided in hotels, and packing clothing and other personal items in plastic bags when travelling.
Check out Orkin's complete list here.


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Commentary: Herbal Remedies: This Market Is A Bit Too FreeJohn Carey
Bill J. Gurley figured that testing dietary supplements containing the popular herb ephedra for harmful effects would be a straightforward task. After all, the labels list the amount of each active ingredient, so the University of Arkansas pharmacologist would know the doses.
But when Gurley analyzed the supplements, he got a big shock. Not only do the contents of many products vary sharply from their labels, different batches of the same supplement contain widely different levels of ingredients. A sample of one product contained 2.4 times more ephedrine than tablets from another bottle. Another batch had 50% more active ingredients than the label claimed. "We said, `My God, this is pretty scary,"' Gurley says.
TRAGIC. Tens of millions of Americans are buying ephedra supplements--and yet, no one really knows how safe they are, or even what's in them. The consequences can be tragic. In early August, the U.S. Public Health Service held an open meeting to hash over scores of reports of people killed or harmed by products containing the herb. For instance, Barbara Michal, founder of a group named Halt Ephedrine Abuse Today (HEAT) blames the supplement for killing her 24-year-old son Kristopher in 1997. Indeed, companies have already quietly settled several lawsuits brought by those who blame ephedra for everything from insomnia and heart attacks to stroke and seizures. Dozens more are pending.
Yet the tales of the purported victims aren't likely to result in regulation any time soon. The estimated $12 billion dietary supplement industry has powerful congressional friends. In 1994, Senator Orrin G. Hatch (R-Utah) spearheaded the passage of a law that lets supplement companies sell almost anything they want. Although a few states such as Texas have required stronger warning labels, Federal lawmakers are weighing a measure, sponsored by Pat Roberts (R-Kan.) in the Senate and Richard M. Burr (R-N.C.) in the House, that would exempt both food and supplement makers from many state rules.
To be sure, for most dietary supplements the lack of regulation doesn't do harm, save perhaps to consumers' wallets. One big exception may be ephedra. Extracted from plants of the genus Ephedra and often known as ma huang, ephedra has been used for more than 5,000 years in China to relieve nasal congestion and asthma. For those conditions, it has offered relief. But today we have better, safer drugs. "Medicine moved past ma huang a century ago," says Dr. Raymond L. Woosley, chair of the pharmacology department at Georgetown University. "There's absolutely no reason to supplement your diet with ephedra."
Moreover, the Chinese never imagined that Americans would push the stuff as a "natural" mood enhancer, energy booster, or diet aid. Ephedrines, the druglike chemicals found in the herb, cause "feel-good" substances to be released in the brain and suppress appetite. But pharmacologists have known for decades that ephedrines increase heart rates and blood pressure, potentially leading to problems such as heart attacks and cardiac arrhythmia. Worrisome new details have emerged from recent studies. Hong Kong toxicologists showed, for instance, that ephedra can harm brain cells in the test tube. Another study, by Dr. George Ricaurte, a neurologist at Johns Hopkins University School of Medicine, found that ephedrine caused damage in key nerve cells of primate brains similar to that caused by methamphetamine or "speed," a close chemical cousin.
All of which worries the Food & Drug Administration. Ephedra-containing supplements "continue to be a serious public-health concern," says the agency's Dr. Lori Love. But the FDA doesn't have the resources to crack down on companies whose product ingredients don't match the label. The industry also has been able to block the FDA and many states from taking even small regulatory steps such as limiting doses. In Texas, it fought off a proposal to make ephedra available only by prescription. Until recently, the FDA hasn't been able to follow up on sketchy reports of harm to learn if the injuries or deaths were caused by ephedra or were merely coincidental. "It's been a Catch-22," gripes one FDA policy official. "They say we don't have the data, and they didn't give us the budget to get the data." Given the lack of government action, the only people fighting the industry are the lawyers, says California plaintiffs' attorney John E. Tiedt. He has some 14 cases and is trying to organize a class action.
QUALITY CONTROL. Industry execs argue that the FDA already has the power both to shut down shady companies peddling ephedra as a legal high and to impose better quality-control standards. Beyond that, they say, no new regs are needed. Moreover, how can scientists claim that ephedra is dangerous if the FDA has received only about 1,100 reports of injuries from the millions of people who have taken it? asks Jerry L. McLaughlin, research chief at Nature's Sunshine Inc. in Provo, Utah. "The total incidence of adverse effects is very small," he argues.
That's cold comfort to critics. The FDA's reporting system spots just the tip of the iceberg, so the real total is likely to be orders of magnitude higher. Indeed, there's more than enough evidence now to support taming the wild frontier of dietary supplements. The FDA should move ahead with proposed quality-control rules, so that the stuff in the bottle actually matches what's claimed on the label. And it should also mandate stronger warning labels about potential harmful effects. If the agency doesn't, "sooner or later there will be many, many people injured," warns Georgetown's Woosley. It's time to protect naive Americans from their mistaken impression that a "natural" product can't hurt them.
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MEDIA ALERT: TOTAL POKÉMON VIDEO GAME SALES SURPASS 300 MILLION UNITS
The Pokémon Company today announced that more than 300 million Pokémon™ video games have been sold worldwide. This milestone includes 76 video games launched since 1996, beginning with the release of Pokémon Red and Pokémon Green for the Nintendo Game Boy™ system. The Pokémon Ultra Sun and Pokémon Ultra Moon games, which are the newest titles in the core video game series, launched on November 17 exclusively on the Nintendo 3DS™ family of systems, helping the franchise reach this remarkable milestone.
In Pokémon Ultra Sun and Pokémon Ultra Moon, a brand-new story unfolds, featuring Necrozma alongside the Legendary duo of Solgaleo and Lunala. Ominous dark clouds begin to spread in the tropical Alola region setting, and the secrets of Necrozma and Alola, which were never disclosed in previous games, finally come to light.
For more information about Pokémon Ultra Sun and Pokémon Ultra Moon, please visit https://www.pokemon-sunmoon.com/ultra/en-gb/
For more information about Pokémon, please visit Pokemon.com.


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Amazon India said it is looking to hire 20,000 seasonal or temporary roles for customer support services in India. This is on top of the 50,000 seasonal roles it had announced for the supply chain and delivery network in May.
» Amazon India
Amazon India announced on Monday it has eliminated all single-use plastic in packaging originating from its 50-plus fulfilment centres. In September 2019, the company had pledged to meet this goal in an accelerated time frame by June this year. The company had replaced plastic packaging material, such as bubble wraps and air pillows in December … Continue reading Amazon India eliminates single-use plastic packaging
Amazon India on Wednesday said it will provide free Covid-19 health insurance to its sellers in the country to help cover expenses around hospitalisation and treatment. The insurance, which will be valid for one year after activation, will help cover expenses related to COVID-19 hospitalisation and treatment as well as ambulance assistance and ICU charges … Continue reading Amazon India to give free Covid insurance to sellers
Amid the gloom of job cuts due to the impact of the Covid-19 pandemic on businesses, Amazon India is looking to hire 50,000 seasonal, or temporary, roles for its fulfilment centres and delivery network. These include for part-time flexible work, to meet rising consumer demand for home deliveries.
Amazon India on Thursday said it is launching its food delivery operations in select parts of Bengaluru, a move that will see the e-commerce giant compete against major players like Zomato and Swiggy in the country. The announcement by Amazon India comes at a time when Zomato and Swiggy have announced laying off over 1,600 … Continue reading Amazon enters Indian food delivery market
E-commerce platforms like Amazon India and Flipkart were in for another round of disappointment this weekend as the government clarified on Saturday that they cannot start selling non-essential items as yet, even though offline stores have been allowed to open and sell the items.
Thousands of merchants whose non-essential item orders were cancelled on Amazon India and Flipkart have to wait longer to get their payments cleared. The development comes even as these e-tailers start initiating refunds to thousands of customers who had to scrap their orders of non-essentials made before the lockdown, two people aware of the matter … Continue reading E-tailers refund buyers, sellers have to wait
Online grocers Bigbasket and Grofers, besides top e-tailers like Flipkart and Amazon India, are beefing up operations for delivery of essentials as they struggle to fulfil increasing consumer demand due to lack of delivery personnel on the ground. These platforms are operating at about half their original capacity as they struggle with the availability of … Continue reading E-tailer cos see order spikes with fewer delivery execs
E-commerce operations came to a grinding halt on Wednesday morning as two of the largest e-commerce platforms Flipkart and Amazon India virtually shut operations here due to on-ground difficulties to source products from warehouses and deliver them to consumers.
The Competition Commission of India (CCI) slammed Amazon India in the Karnataka high court (HC) on Thursday, saying its arguments were “mischievous” and that it is not answerable to the Seattle-based technology major before it begins a probe.
Amazon India has moved the Karnataka HC, seeking a stay on a probe by the Competition Commission of India. The e-tailer has slammed the probe, terming it “perverse, arbitrary and untenable in law”. On Jan 13, CCI had ordered a probe into the operations Amazon India for various trade practices, including deep discounts and favourable … Continue reading Amazon India slams probe by CCI, moves HC for stay


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Even for a Wacoan who’s been to Magnolia Market a dozen times, this weekend’s Spring at the Silos event will offer some unique opportunities to shop, eat and explore the Silos. As always, entry is free, but those attending may want to bring some extra cash for the 75 different vendors and food trucks attending the event.
The Spring at the Silos festivities will begin every morning at 7:30 a.m. from Thursday through Saturday with a free yoga class on the lawn.
For the rest of the day, visitors can take a guided tour of the Magnolia Market grounds. According to Magnolia’s website, the tour will include information about the Silos’ history and a behind-the-scenes look at the garden that isn’t offered any other time of year.
The largest component of the event will be the vendor fair from 8 a.m. until 6 p.m. Stalls will be set up along the streets surrounding the silos featuring 75 artisans from all over the country.
Examples of goods that will be available for purchase include yoga mats, personalized jewelry, raw honey and designer clothing. Wacoans may recognize local names like Roots and the Mix, but brands from many other cities and states will also be represented.
Brock Murphy, a spokesman for Magnolia Market, said a number of vendors from last year’s Silobration will be returning for this weekend’s event.
Murphy mentioned Alabama Sweet Tea in particular as a returning company to get excited about. Last fall, the food truck had such high demand they ran out of tea two days in a row.
Golson Foscee, co-owner of Alabama Sweet Tea, said Silobration was an “eye-opening” experience. He said he’s coming prepared this time with a refrigerated truck and doesn’t intend to run out again.
“We were just overwhelmed by the number of people and the popularity of Magnolia,” Foscee said. “We had a line that wrapped from our food truck to the street that was probably a hundred people deep.”
For other vendors, Spring at the Silos will be their company’s first trip to Texas. Corinne Fry-Rich, founder of Chantry 1975, said this weekend will be her candle company’s first big event outside California.
“When I got the email from Magnolia, I just looked at [my husband] and said, ‘We have to make this happen,’” Fry-Rich said. “So I poured about 400 candles in three days and we were off to the races.”
According to Murphy, Spring at the Silos is Magnolia Market’s first large-scale event outside of Silobration, which was held in the fall of 2015 and 2016.
Murphy said Magnolia’s event staff is anticipating crowd sizes similar to those at Silobration — around 30,000 visitors for the whole weekend. Although the silos will be more crowded than usual, Murphy said the huge number of vendors and activities to choose from should help reduce time spent waiting in line.
“When there are more things to do, there’s less concentration in any specific area, so it’s a better experience,” Murphy said.
The website of Austin-based vendor No. 4 St. James says they’re committed to “sharing the best of Texas with as many people, far and wide, who seek her.”
Vincent Friedewald, chief executive Texan of the store, said he’s excited to share the story his home state with tourists from around the country.
“It’s important to us to be a part of a big event like this and to be associated with the Magnolia brand,” Friedewald said.
Friedewald said he’s expecting Baylor students in particular to love their “bourbon bombs,” the signature chocolate cookie of No. 4 St. James.
For a full list of all vendors attending Spring at the Silos this weekend, visit https://magnoliamarket.com/spring-at-the-silos.


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To commemorate the upcoming release of “Kingdom Hearts III,” Tokyo Disney Resort has announced new Kingdom Hearts-themed rooms at the Disney Ambassador Hotel.
Disney Parks around the world are celebrating the most magical time of year with special holiday celebrations and experiences, now through the new year.
Oriental Land Company has announced that a new, affordable Disney hotel themed to the “Toy Story” films is being developed for Tokyo Disney Resort.
Tokyo Disney Resort has revealed the opening date for their latest major attraction, coming to Tokyo DisneySea.
Ninety years after it was all started by a mouse, Disney Parks around the world are prepping for the biggest Mouse Party ever for Mickey Mouse’s 90th anniversary!
Oriental Land Company has announced that a new stage show, called “Song of Mirage,” will open in summer 2019 at the Hangar Stage in Lost River Delta at Tokyo DisneySea.
This summer is jam-packed with new entertainment offerings for Tokyo Disney Resort’s 35th anniversary, “Happiest Celebration!”
Today, Oriental Land Company announced plans with The Walt Disney Company to develop a new themed port at Tokyo DisneySea, as well as a new Disney hotel. [Read more…]
“Dreaming Up!” is a new daytime parade that immerses Tokyo Disneyland guests into a world of fantasy and imagination. [Read more…]


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Drop-in price fails to encourage usage of sanitiser in city
By Lokmat English Desk | Published: July 22, 2021 08:10 PM2021-07-22T20:10:01+5:302021-07-22T20:10:01+5:30
Aurangabad, July 22: The sale of sanitiser has been decreased owing to a drop in its usage in the ...
Aurangabad, July 22:
The sale of sanitiser has been decreased owing to a drop in its usage in the city. The citizens, who were quite keen about health safety and usage of sanitisers before doing any sort of work, seems to have now forgotten its usage. The sale of sanitiser was 1.5 lakh litres quantity per month during the pandemic situation, but after unlocking of the pandemic situation, the sale has dropped at 10,000 litres per month. It is observed that the sanitiser bottles have either become decorative pieces in the offices or lying in one corner of the houses.
It may be noted that the health personnel continues to alert citizens reminding that the danger due to Covid-19 continues to lurk, therefore, they stressed on the usage of face mask and sanitisers.
The office-bearers of the Chemists and Druggist Association said," The sale of sanitiser was 1.5 lakh litres per month during the last year. The sale reduced after the first wave of the Covid-19 situation came under control. The sale again scaled up during the second wave (February 2021). In the meantime, the Covid-19 vaccine was made available in the health centres from January. Hence the citizens got relaxed. The restrictions relating to the Covid-19 are still in effect, but the people are moving around without any fear and hesitation, in the city. The arrival of vaccines led to a decline in the sale of sanitiser, which was 10,000 litres in June. The figure would be the same in July.
Decorative piece in shops, office
It has been observed that the sanitiser bottles have become decorative pieces in government offices, hotels and shops. One can found sanitiser bottles mounted on a stand, but the majority of them do not use it. One bottle of sanitiser empties in 15-20 days, these days. Earlier, it used to empties in 2-3 days, pointed out health personnel.
Slash in prices
In the last year, the price of one can of 5 litres' sanitiser was Rs 1,000. Today the same quantity is available between Rs 350 and Rs 500. The rates have been dropped, but usage of sanitiser has not been increased, it is learnt.Open in app


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By Julia Love
(Reuters) – Apple Inc. is expanding its support for the fight against AIDS through the (RED) charity founded by rock singer Bono, Chief Executive Tim Cook said in an interview ahead of World Aids Day.
Over the next week, the company will expand its line of (RED) products and donate $1 for each transaction made using mobile payment Apple Pay in its physical and online stores, up to a total of $1 million. Bank of America; will contribute up to that sum for Apple Pay transactions using its cards.
“There’s still way too many people dying of AIDS, still too many kids being born with HIV, and so we are continuing to press really hard,” Cook said in the interview.
UNAIDS predicts the number of babies born with HIV could drop to near zero by 2020 from around 400 per day now, Apple said.
The (RED) campaign is an example of “cause-related marketing,” a style of philanthropy that some critics say is self-serving because they promote corporate brands as much as the underlying cause.
Cook told Reuters that Apple can have a far greater impact by raising awareness among consumers than by simply writing a check. “When we put ourselves into something, it’s worth a lot more than just money,” he said.
(RED) was one of Apple’s highest profile philanthropic efforts under former Chief Executive Steve Jobs, who largely avoided corporate giving. The company has been responsible for about $120 million of the $360 million (RED) has raised since it was founded in 2006.
(Reporting by Julia Love, editing by Peter Henderson)
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Vanity-telephone-numbers-business, while most customers have eliminated their landlines and are relying on one mobile phone number to be reached the opposite is true in the business world companies can now leverage new technologies. Securing a vanity phone number used to mean hoping that no other company anywhere in the country had already claimed it if you owned an air conditioning and heating repair company in south florida, california's dmv receives an estimated 250 000 applications for so called "vanity plates" every year and applicants are warned that it will "refuse any combination of letters or letters and numbers. Vanity phone numbers provide instant credibility and brand recognition a senior vice president for business development at ringboost "this is as true for marijuana businesses as it is for any, pleasantville n y nov 9 2017 send2press newswire ringboost a premier provider of toll free and local vanity and custom custom phone numbers are recognized increasingly as a key marketing.
Sideline is a business oriented app that provides a second phone number as well as calling the app also lets you build a, ringboost the leading provider of local and vanity phone numbers shares five questions designed to help those responsible leave your gut feel behind and let the facts teach you who is engaging.
But this time with the star star ** mobile vanity phone number i am thoroughly convinced this is something you need to pay attention to you may want to find out how you can secure your company's, pleasantville n y march 26 2015 send2press newswire vanity phone numbers offer a unique and easy the appeal of vanity numbers is not lost on small business owners around the country on. A number of companies specialize in securing vanity numbers for business owners who want a recognizable phone number to attract customers' attention zoove a 6 month old company secures and then, your business establishing contact early you leave less room for the potential customer to ponder about other options.
A premier provider of toll free and local vanity and custom phone numbers today announced that it had significantly expanded its premium telecom offerings custom phone numbers are recognized


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NEW YORK ( TheStreet) -- Carter's (NYSE: CRI) hit a new 52-week high Monday as it is currently trading at $50.24, above its previous 52-week high of $50.21 with 389,323 shares traded as of 12:50 p.m. ET. Average volume has been 614,800 shares over the past 30 days. Carter's has a market cap of $2.9 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 24.8% year to date as of the close of trading on Friday. Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded children's wear. The company provides products under the Carter's, Child of Mine, Just One You, Precious Firsts, OshKosh, and related brand names. The company has a P/E ratio of 25.4, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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Lawsuit to Block the Acquisition of Marketo by Vista Equity
A stockholder class action lawsuit was filed in Superior Court of the State of California, County of San Mateo against Marketo, the company’s Board of Director Directors, Vista Equity Partners Fund VI, L.P., Parent, and Merger Sub in order to hinder the proposed acquisition by Vista Equity Partners.
As CMS-Connected reported, Marketo Inc, a cloud marketing solutions platform provider, has announced an agreement to be acquired by the technology-focused private equity firm Vista Equity Partners in a cash deal valued at $1.79 billion. Under the terms of the proposed transaction, Marketo Inc. shareholders will receive $35.25 in cash per share which poses as a 9.5 percent premium to the closing price the day before the acquisition was declared. The issue was raised by the plaintiff that the price for shares is grossly inadequate and undervalues Marketo Inc. The reason behind this accusation is that Marketo Inc. reported its annual Total Revenue increased from $58.41 million in 2012 to $209.87 million in 2015, and the shares of Marketo Inc. reached as high as $42.68 per share in early 2014, which all means that the selling price is noticeably lower that the company's peak price. Moreover, Thomson First Call, the Consultant and Data Provider for The Wall Street Journal Best On The Street Analysts Survey, has set the highest current target price estimate at $55 while the lowest target price estimate stands at $22.
Therefore, the plaintiff alleges Marketo’s directors breached their fiduciary duties to Marketo stockholders not only due to agreeing to sell Marketo Inc. too cheaply but also going through an unfair process during the acquisition from the Marketo stockholders’ perspective. The lawsuit was filed on behalf of Sonila Porwal, a former Marketo database analyst who left the company in 2014, and all other public shareholders. Below, you may access to the full version of the lawsuit:
On the other hand, Margo M. Smith, Marketo's Senior Vice President and General Counsel, claimed the plaintiff’s allegations lack merit and noted that the company "will vigorously contest them." Besides, CEO Phil Fernandez sold 21,600 shares of his company's stock at an average price of $34.98, for a total value of $755,568 on Friday.
Many analyst firms, including JMP Securities, Bernstein, and JP Morgan, have recently downgraded Marketo's stock. We will shed light on what it means for Marketo’s stakeholders more in subsequent posts as events unfold.
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$400.60 Million in Sales Expected for Steven Madden, Ltd. (SHOO) This Quarter
Equities analysts predict that Steven Madden, Ltd. (NASDAQ:SHOO) will report sales of $400.60 million for the current quarter, according to Zacks. Six analysts have provided estimates for Steven Madden’s earnings. The highest sales estimate is $406.10 million and the lowest is $395.21 million. Steven Madden reported sales of $364.37 million during the same quarter last year, which would suggest a positive year over year growth rate of 9.9%. The firm is scheduled to issue its next earnings results on Tuesday, February 26th.
According to Zacks, analysts expect that Steven Madden will report full year sales of $1.64 billion for the current year, with estimates ranging from $1.64 billion to $1.65 billion. For the next financial year, analysts expect that the business will report sales of $1.74 billion, with estimates ranging from $1.73 billion to $1.76 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that cover Steven Madden.
Several equities analysts recently issued reports on the company. Buckingham Research lowered their price target on Steven Madden to $36.00 and set a “buy” rating on the stock in a research note on Wednesday, October 17th. Zacks Investment Research lowered Steven Madden from a “hold” rating to a “sell” rating in a research note on Friday, October 19th. Citigroup lowered their price target on Steven Madden from $40.67 to $38.00 and set a “buy” rating on the stock in a research note on Friday, October 19th. ValuEngine upgraded Steven Madden from a “sell” rating to a “hold” rating in a research note on Wednesday, January 9th. Finally, BidaskClub upgraded Steven Madden from a “strong sell” rating to a “sell” rating in a research note on Tuesday, December 18th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $37.33.
In related news, Director Richard P. Randall sold 1,500 shares of Steven Madden stock in a transaction dated Wednesday, November 28th. The shares were sold at an average price of $31.28, for a total transaction of $46,920.00. Following the completion of the transaction, the director now directly owns 22,070 shares of the company’s stock, valued at approximately $690,349.60. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 1.77% of the stock is owned by company insiders.
Several hedge funds have recently added to or reduced their stakes in SHOO. Advisors Asset Management Inc. grew its holdings in shares of Steven Madden by 61.6% in the fourth quarter. Advisors Asset Management Inc. now owns 832 shares of the textile maker’s stock worth $25,000 after purchasing an additional 317 shares during the last quarter. Oregon Public Employees Retirement Fund acquired a new stake in shares of Steven Madden during the 4th quarter worth approximately $30,000. Parkside Financial Bank & Trust grew its stake in Steven Madden by 41.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,292 shares of the textile maker’s stock valued at $39,000 after acquiring an additional 378 shares during the period. Edge Wealth Management LLC lifted its holdings in Steven Madden by 143.8% in the 4th quarter. Edge Wealth Management LLC now owns 1,950 shares of the textile maker’s stock valued at $59,000 after purchasing an additional 1,150 shares in the last quarter. Finally, LS Investment Advisors LLC lifted its holdings in Steven Madden by 57.5% in the 4th quarter. LS Investment Advisors LLC now owns 2,548 shares of the textile maker’s stock valued at $77,000 after purchasing an additional 930 shares in the last quarter. 68.47% of the stock is currently owned by hedge funds and other institutional investors.
About Steven Madden
Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward name brand and private label footwear for women, men, and children worldwide. Its Wholesale Footwear segment provides footwear under the Steve Madden Women's, Madden Girl, Steve Madden Men's, Madden, Madden NYC, Dolce Vita, DV by Dolce Vita, Mad Love, Steven by Steve Madden, Report, Superga, Betsey Johnson, Betseyville, Steve Madden Kids, FREEBIRD by Steven, Stevies, B Brian Atwood, Blondo, Kate Spade, and Avec Les Filles brands, as well as private label footwear.
Further Reading: How does inflation affect different investments?
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As anyone that would actually read a cable company’s blog would know, Google recently announced that it is launching Google Fiber in Austin, Texas – a move that places it in direct competition with us. They’re already in Kansas City, another one of our markets.
Then, AT&T announced that they were also planning to bring 1Gbps fiber service to Austin too.
Let’s just call this what it is: a big, fat chunk of competition. We’re used to that. I know that there’s a dominant perception outside of the industry that we’re a bunch of dinosaurs ignoring our growing rat problem, but that’s not the case.
In every city where we provide service, we face at least two competitors: satellite and the telephone company. In many cities, we face five or six competitors. We’ve been competing since the early ’90s.
Google is a new competitor, and like others, they bring their own special set of challenges for us: they¹re an enormously wealthy company and dominate the search engine business. Good for them.
But also, let’s don’t let our own achievements in this space get lost in all the hoopla. Our engineers created broadband Internet (you can see the napkin here), which quickly evolved to 3 Mbps, 5mbps, and now 100Mbps via DOCSIS 3.0 technology. We help schools, hospitals, and businesses connect with multi-gig speeds over dedicated fiber networks. We just put in our own bid in North Carolina to build a next-gen network with speeds up to 1Gbps, too. You can see that press release here.
It is also worth pointing out that only a small fraction of our residential customers who have DOCSIS 3.0 speeds available to them actually subscribe to the product. Today, our broadband options are designed to meet almost any budget or household need. Also, our broadband network is fully deployed – Google’s isn’t even close. Ars Technica elaborated on that more thoroughly here.
We’re absolutely taking this competition seriously, and we’re not just going to roll over and go out of business here. We’re going to evolve to meet our customers’ needs and offer products that meet or exceed our competition. You can see that today with our recent launch of a next-gen home management and security service in Austin that we call IntelligentHome or the free access our customers have to the nation’s largest WiFi hotspot network. These are just a couple examples of the cool things we do or can do with this growing, powerful network we already have in the ground.
Change can be scary, but it’s ultimately a good thing. Henry Ford once said that the car was bad for the buggywhip business.
Ultimately, competition is good for us. It’s going to make us evolve, change, grow in ways that keep us at the cutting edge. And really, the biggest winner out of all of this will be the consumer. More choice and more options are better for everyone.


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Nokia has sold a landmark 1.5 billion Series 40 phones since first introducing the range in 1999.
A 21 year old Brazilian woman is credited with buying the Asha 303 unit that tipped Nokia’s total shipments over the 1.5 billion mark, in a move Mary McDowell, executive vice president of Nokia’s mobile phone division, says brings the vendor’s goal of connecting the next billion subscribers a step closer.
“Having 1.5 billion Series 40 devices sold is a hard-to-reach mark, let alone one attainable in a single line of products,” McDowell notes.
Nokia unveiled the Symbian-based Asha range in November at the same time it launched its first Microsoft Windows Phone 7 smartphones. Ovum analysts note the feature phones are essential to maintaining the firm’s strength in the mid-tier segment, but believe Nokia must evolve Series 40 into something more akin to a smartphone operating system to fend off competition in the high-end of the market.


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The Amazon cloud platform is supposed to provide all kinds of advantages over traditional ecommerce platforms, but the company has been slow to embrace its new service and have faced some major challenges.
Now Amazon has decided to put its cloud platform on hold, a move that will save $7 billion annually, according to a new report.
The report, from consulting firm McKinsey & Co., said Amazon is considering ending the cloud platform at the end of the year.
Amazon’s cloud business will become a new business, but it’s not clear what that will mean for other cloud offerings.
Instead, the report noted that Amazon is “working to provide cloud-based solutions that offer new capabilities for ecommerce customers, and are still considering new cloud offerings.”
Amazon has been moving toward cloud services for years.
The company has said it will eventually use the cloud to make more products available for the ecommerce market.
Amazon has also been expanding its online storefronts to allow users to shop from its website, as well as offering more Amazon-branded services.
But the report said Amazon has struggled to capture the interest of customers.
It cited “some recent customer experience changes and performance improvements.”


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MILAN — Despite the rocky economy, Gucci is staying the course, casting a wider net and approaching emerging markets with significant potential.
In line with its global retail push, the luxury goods house has opened its first store in Budapest, Hungary. Mark Lee, president and CEO of Gucci, pointed to Hungary as “one of the most dynamic Eastern European markets for the luxury industry.”
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)


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Tailor Brands, a company that leverages artificial intelligence (AI) to help companies automate elements of their marketing and branding, has announced a new AI-powered social media management tool that automatically creates, schedules, and optimizes content to share on social networks.
Launching out of beta today, Tailor Social is an expansion of an existing product the company already included as part of its core product offering.
Founded in 2014, New York-based Tailor Brands has raised north of $20 million in funding, including a $15.5 million round just a few months back. The company has been setting out to teach computers how to design logos, formulate landing pages, and even plan social media strategies. However, all these features were bundled together as part of a single package. With a standalone Tailor Social subscription, the startup is opening up the feature to everyone — whether they want an automated logo design or not.
Moreover, Tailor Brands is expanding the scope of the offering. While it already offered up social-sharing text and designs constructed by its own AI bots, it will now recommend content from across the web — such as articles, videos, and GIFs. Brands have to first tell the platform about their industry and areas of interest, and Tailor Social will do the rest, including suggesting schedules for sharing to Facebook, Twitter, and soon Instagram.
It’s worth noting here that while the social scheduling automation can be set up with humans giving the final approval, there is also a complete autopilot mode,…


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Picking 10x winners is hard, no matter what “stock experts” claim. Of the 8,187 companies tracked by Thomson Reuters on the main U.S. exchanges, only eleven (or 0.1%) are 10x higher than they were in October 2020.
On top of that, most Moonshot stock pickers also go digging in the wrong places. They’re so focused on “finding the next Amazon (NASDAQ:AMZN)” they forget that most tech stocks are slow burners. Of the companies that went 10x in the past year, none were high-tech growth companies. The closest — Upstart Holdings (NASDAQ:UPST) — is up only 7x from its IPO.
Instead, these companies were a combination of:
- Unprofitable meme stocks. NASDAQ:OCGN, NASDAQ:MARA, NYSE:GME, NYSE:AMC, NASDAQ:AVIS
- Oil & gas firms. NYSE:SM, NASDAQ:CDEV, NYSE:UAN
- Near-bankrupt companies back from the dead. NYSEAMERICAN:ACY, NASDAQ:AEHR, OTCMKTS:HTZZ
Not exactly your list of shining Tesla (NASDAQ:TSLA) stars, are they?
But if you truly want to find stocks that go 10x in 12 months, this is the toxic sludge where we have to look. So, grab your snorkels. Today, we’ll consider what makes a 10x winner, and pick out five favorites that look set to rocket next year.
What Makes a 10x Stock?
Let’s make one thing clear: blue-chip Moonshot wagers are excellent bets — if you’re willing to stick around for a while. Anyone buying Amazon (AMZN) in 2001 would have waited a decade to cash in a 10x gain. Tesla managed to do it in three years, but its shares then flatlined for the next five.
But today’s article is about getting rich quickly. And to do that, we’ll need to buy some ugly ducklings.
Finding Moonshots in Penny Stocks
To start, it helps to find some common factors that determine 10x winners.
It turns out that these firms are cheaper, less profitable and more indebted than typical companies. And even after their stock prices rise, leverage and margins still remain poor.
OTC stocks also tend to outperform. Of 4,779 companies listed over the counter, 506 (or 10.5%) managed returns of 1,000% or better. People are 100x more likely to find a big winner in the OTC markets than they are on the standard boards.
That’s why you’ll find me scouring alternate exchanges for great deals. In May, I recommended readers buy shares in bankrupt Hertz (OTCMKTS:HTZZ), explaining that it could become the top penny stock of 2021. Shares have since risen from $2.50 to over $30.
Today, we’ll cover five more companies with the potential for 10x gains in 2022.
5 Stocks Set to 10x Next Year
Reddit investors love thematic investing. The success of GameStop (NYSE:GME) led to a mad rush into Bed Bath & Beyond (NASDAQ:BBBY), AMC Entertainment (NYSE:AMC) and other low-quality mall stocks. Meanwhile Dogecoin’s (CCC:DOGE-USD) rise created an entirely new asset class of pupcoins (A quick glance at BSCScan shows 22,101 different tokens named some iteration of “Shiba”).
Now blockchain miner Marathon Digital Holdings (NASDAQ:MARA) could inspire the next generation of meme stocks: the cryptocurrency Moonshot.
- RocketFuel Blockchain (OTCMKTS:RKFL). This San Francisco-based OTC firm promises to bring 1-click crypto payment to ecommerce systems.
- POSaBIT (OTCMKTS:POSAF). The Canadian company is a leading provider of crypto payments to the cannabis industry.
Both of these potential meme stocks have reasonably experienced management teams backing them — RKFL is led by Peter Jensen, the former CEO of a cloud cybersecurity firm that was acquired by IBM (NYSE:IBM). And POSAF is run by former tech executives from Microsoft (NASDAQ:MSFT) and other blue-chip firms.
These two crypto Moonshots are also cheap — a requirement for stocks to go 10x quickly. POSAF trades at just $1.50, while RKFL is available for $0.50.
The main reason to buy however, is that both firms operate in a red hot industry. Reddit users have pumped crypto stocks like SOS Limited (NYSE:SOS) and Riot Blockchain (NASDAQ:RIOT) before, and they’re almost guaranteed to do it again.
There are certainly risks. RocketFuel’s former CEO seems to have vanished from the corporate website without a trace, while POSaBIT could run into competition from Mastercard (NYSE:MA) and point-of-sale (POS) companies.
No one ever claimed these firms were high quality. But as far as meme stocks go, these two Moonshot picks have all the ingredients for a 10x rise.
Labor Firms are the Next Oil & Gas
Ecofriendly investors probably wish they could forget 2021, a year where fossil fuel companies trounced renewable energy ones. It’s hard to lose when prices for your only product go from negative $37 to $85 per barrel.
As we move into 2022 though, a totally different industry should see similar growth: staffing service firms.
That’s because these firms are much like oil & gas companies — low margin, heavily commoditized and dependent on market cycles. Volt Information Science (NYSEAMERICAN:VOLT) traded as high as $44 during the 1997 tech bubble and $40 during the 2006 housing bubble before crashing down to under $4 today.
Two cheap stocks now look even better positioned than VOLT to go 10x as labor markets tighten.
- Gee Group (NYSEAMERICAN:JOB). The century-old company specializes in professional staffing, including IT, engineering and medical services
- Team Inc (NYSE:TISI). This engineering outsourcing company provides inspection and other services to various industries including energy, manufacturing and infrastructure.
Much like oil & gas in 2020, these two staffing firms are currently deep in the red. Operating margins are negative, and their Altman-Z scores (a measure of solvency) both sit below the standard 2.4 threshold of healthy firms.
But we’re not here for quality or high-tech. We’re here for 10x gains.
As Covid-19 unemployment benefits are pared back, many will find themselves pushed back into the job market. And much like oil & gas companies last year, staffing firms will see their bottom lines flip positive as both supply and demand pick back up. Wall Street analysts are already predicting break-even margins in 2021 for Gee Group, and positive EBITDA (earnings before interest, taxation, depreciation and amortization) in 2022 for Team Inc.
Full story on InvestorPlace.com
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The Cadillac Three — a Southern-rock and country band known for anthems like “The South” and “Peace, Love & Dixie” — are pledging this week’s net profits from their online merchandise sales to the NAACP. The group of Jaren Johnston, Kelby Ray, and Neil Mason released a statement voicing their support for protesters pushing for change to U.S. police forces in the wake of the killing of George Floyd by Minneapolis police.
In an Instagram story, the group made a point to discuss how they had historically remained neutral on social or political matters, because they wanted their music to be a means of escape. This time, however, they didn’t hedge:
“As it pertains to the protests going on throughout our country currently and to the #blacklivesmatter movement, it’s important that we are clear that we are 100% behind the effort to end both racial inequality and police brutality towards black Americans,” they wrote.
The trio also wrote of their intention to engage in “meaningful dialogue within our community.” “What that means is we won’t be turning our comments off, we will engage in dialogue with anyone that wants to discuss their perspectives on these issues,” they said. True to their word, the group was responding to numerous commenters, both positive and critical of their statement.
Additionally, in an effort to be “most useful as part of the solution,” the Cadillac Three said they’ll donate net proceeds from all sales this week on their online merch store to the NAACP. Among the items for sale are T-shirt, hats, koozies, and shot glasses.
This isn’t the first time the band has used their merchandise to make a timely statement. When the COVID-19 pandemic first took hold, the group cooked up “Stay Home” shirts and masks — with images of the band as skulls wearing masks — to urge people to shelter in place.
The Cadillac Three released their fourth studio album, Country Fuzz, in February. Prior to the coronavirus shutdown, the band, who has shared the stage with artists from Aerosmith and Lynyrd Skynyrd to Eric Church and Florida Georgia Line, was on a U.S. headlining tour. They’re currently set to headline Nashville’s Ryman Auditorium in August.


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Norwegian and Panasonic Avionics Corporation have joined forces to develop the first ever Android powered in-flight entertainment system. Norwegian’s passengers will be able to use select Android apps that are pre-loaded onto the system, providing an in-flight experience similar to the on-the-ground experience travelers have become accustomed to with their personal devices.
“We’re constantly looking at new ways technology can enhance our passengers’ experience and believe that the edginess of the universe offered by Panasonic fits Norwegian very well,” said Head of Business Development Boris Bubresko at Norwegian.
Available on the new fleet of Dreamliners Norwegian’s Android-powered in-flight entertainment system is a result of an 18-month joint development between Norwegian and Panasonic Avionics. Android interactive allows passengers to navigate and select movies, music, and Android games, as well as purchase snacks and drinks, just as they would on their personal device, directly from a touch screen installed in the seats. The system will be fitted on Norwegian’s new fleet of Boeing 787 Dreamliners that will be operated on routes between Scandinavia and the US and Asia.
Paul Margis, President and Chief Executive Officer for Panasonic Avionics said: “Panasonic is passionate about bringing the latest technology to the onboard experience, and are proud to deliver the first in-flight entertainment system that is powered by Android. This open platform architecture facilitates faster, easier, application development, integration, and deployment, enabling Norwegian to engage passengers in an even more amazing entertainment experience while creating new revenue streams.”


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A sequel for one of the most popular anime series ever, Dragon Ball Z, called Dragon Ball Super will be ended on 25th March this year. It is not confirmed, yet, that the end of Dragon Ball Super will end where Dragon Ball Z had, we hope, with a little more details, or the end will be something completely different.
Anyways, it is announced that at the end of 2018 will be a new Dragon Ball movie which will be about famous race “Saiyans” so, according to that, will we get a sequel for Dragon Ball Super or not, depends on the success of that movie. That’s all what we know so far about this topic.
Now it is just questionable how Tournament of Power will end. We still have to see more of Universe 7 and Universe 11 and what kind of reaction remaining warriors have. Until that, enjoy the last 8 episodes and be patient.


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The Bigger Picture9 September 2020
As some of you may have noticed, since the beginning of the pandemic we have been very careful as to how we cover its effects on our industry. Our aim was to let some time pass before covering this subject in-depth, so that we could provide a more accurate analysis on the impact.
In this issue we have dedicated a number of pages on it, looking into Covid-19’s effect on different parts of the crane industry.
The financial results of publicly-listed manufacturers have revealed significant reductions in sales revenue. US and European manufacturers reported their figures for the first half of the year, with the fall in year-on-year sales revenues ranging from 18.3% to 28.7%. The change reported solely for the second quarter of the year was even greater.
Tadano’s results for the first quarter of its fiscal year showed an increase in sales revenue, attributed to the consolidation of the Demag business, but an operating loss.
Crane rental companies have also seen their revenues shrink during the pandemic. A number of them from around the world have shared with us their thoughts as to how Covid-19 impacted their business and their expectations for the next six months. It is clear that some have been affected much more than others.
Apart from the equipment ulitisation, they have talked about the safety precautions that they have taken to reduce the risk of contamination.
Complying with Covid-19 safety guidelines is an enormous challenge for contractors, hirers, dealers and manufacturers. Already facing financial difficulties, these companies have additional costs associated with compliance, for example disinfecting the machinery and arranging safe employee site accommodation. Also a significant amount of time is allocated to the tasks necessary to meet the safety guidelines, and time is money. In this issue Stuart Anderson analyses the impact of the safety guidelines on businesses. Interestingly, he finds that certain crane types offer lower contamination possibilities.
Unfortunately, Covid-19 will remain the main subject of conversations within the industry for the near future. We will continue to monitor and analyse its effect on different parts of the industry in upcoming issues. If you would like to share your thoughts as to how your business has been impacted by the pandemic, do not hesitate to contact me.


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By Randy Fabi
WASHINGTON (Reuters) – U.S. consumers would no longer have to wonder whether their local grocery stores are selling recalled meat products under regulations being developed by the Agriculture Department, a senior USDA official said on Wednesday.
Acting Undersecretary Merle Pierson said the department may soon propose a rule to publicly disclose retail outlets that received potentially tainted meat. The USDA currently deems such lists as proprietary information.
“If we have a rule in place, we can have the authority … to make that information available,” Pierson said at a House of Representatives Appropriations subcommittee hearing.
Consumers are currently given the name of the producer of the suspect meat, a list of states that may have sold the food, the reason for the recall and detailed information about the product.
The USDA urges retail stores to alert their customers of recalled products.
“We are always looking at ways to enhance the way we communicate to the public — so more people can be notified,” said Steven Cohen, spokesman for USDA’s Food Safety and Inspection Service.
The White House’s Office of Management and Budget was reviewing the proposed rule, Pierson said. The USDA declined to say when the rule would be finalized.
A consumer group praised USDA’s proposed rule.
“This is wonderful,” said Michael Hansen, senior research associate for Consumers Union. “This information is important because … the meat, in many situations, has either already been consumed or sold.”


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The Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority issued a joint circular on Friday, 28 January, giving the financial-services industry the green light to do crypto business.
For licensed institutions that have been nervous about handling assets without regulatory clarity, the message from Hong Kong’s two key regulators means such fears can be put to rest.
“This is massive!” said Jehan Chu, co-founder of Kenetic, a Hong Kong-based blockchain company and investor.
In keeping with the SFC’s moves in recent years, the circular buttresses support for a regulated crypto industry servicing accredited wealthy individuals and corporations.
“This model is the one we’ve been expecting for years,” said Gary Tiu, executive director and head of regulatory affairs at BC Technology Group.
The circular opens the door to banks and brokers to offer digital-asset trading services to professional investors. They can do so in two ways: through an omnibus account (in which assets trade in the institution’s name), or as an introducing broker.
Institutions must ensure crypto products are suitable for clients, whether they are selling (distributing) or advising on them. The SFC/HKMA circular says VA products should be considered complex products, and therefore unsuited to retail.
- Read more:
- OSL wins formal licenses from SFC for digital assets
- SFC: crypto is only for the rich
- Open green digi-bonds to retail: a proposal for H.K.
“For example,” reads the circular, “an overseas VA non-derivative ETF would very likely be considered a complex product and it should only be offered to professional investors.”
To deal in them will require institutions conduct an internal assessment of the client’s knowledge of virtual assets, and establish a fiduciary role.
“If a client does not possess such knowledge,” the circular says, “the intermediary may only proceed if, by doing so, it would be acting in the client’s best interests [emphasis added] and it has provided training to the client on the nature and risks of virtual assets.”
Wealth managers already must ensure suitability protocols for traditional investment products. Crypto will require additional processes and know-how, but private banks and brokers will already have a suitability framework in place. For those firms that deal in multi-asset portfolios, they can now add crypto.
The circular makes an exception for a handful of overseas regulated exchanges recognized by the SFC that are allowed by their respective regulators to offer VA derivative products to retail investors. Hong Kong will not require these products pass a suitability test.
“This will give private banks and institutions the opportunity to access virtual asset ETFs or exchange-traded products without worrying that the SFC will reject their request to do so,” said a head of digital at a global asset manager. “It is one step easier than going directly into virtual assets, as they do not have to set up the infrastructure.”
Regardless of the product, any institutions doing VA business must engage partner that is based in Hong Kong and has a virtual-asset license if they want a dealing function onshore. This is the case even if the virtual asset is not considered a security.
This means financial institutions acting as intermediaries would not be dealing directly in virtual assets; their execution role would be only as a payment gateway between fiat currency and virtual assets. (The circular does not touch on the prospect of Hong Kong issuing central-bank digital currency and its potential role in these relationships.)
The VA license scheme was announced by SFC in 2020. So far, only OSL, which is operated by BC Technologies, has a VA license for dealing (it also has the only license for a VA exchange). Other blockchain companies such as HashKey and HKbitEX have submitted applications.
“This gives banks and brokers a light lift to do their first trade,” Tiu said. “There’s no need for them to invest in the infrastructure and conduct the due diligence in what is a safe environment for them to meet client needs.”
For the moment, however, OSL has a lock on servicing financial institutions for local product as a custodian and broker of virtual assets, including responsibility for cybersecurity. Financial institutions can bypass local VA licensees if they bring in VA ETFs from overseas exchanges recognized by the SFC.
Of course, it is now likely that SFC will grant more VA dealing licenses, and not just to blockchain companies. Banks, brokers, and wealth managers will likely be filing for their own licenses.
“This [circular] clarifies access to overseas products, so it means more competition,” says the head of digital at a global fund house.
BC’s Tiu acknowledges that many institutions will want to develop full capabilities: “The race has already started for banks and brokers to become a one-stop shop, and some are ready. We welcome competition because it’s good for the space.”
The fate of retail
The circular does not address one big unknown, which is the fate of unregulated crypto exchanges and brokers that serve retail customers. These businesses are not directly impacted by the circular and will continue their operations.
They may find themselves under competitive pressure, however, as institutional money flows to regulated operators.
Nor does the circular help bring retail investors under a protected, regulated regime: they remain outside, and therefore vulnerable, so long as financial institutions can only deal in crypto with professional investors.
The fate of retail may have to wait until the city’s Legislative Council revisits the Anti-Money Laundering Ordinance, which it is expected to do later this year. The entire crypto space in Hong Kong has been only regulated by existing AML and KYC rules for payment purposes – a relatively light regime, with no oversight of crypto spot markets.


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With a stellar new team now in place across the US, Dixa is all set to expand its unique ‘Customer Friendship’ service across North America. In this time of rapid social change and unsettling news, putting the human back into digital customer service can make a tangible difference. It’s that difference which we’re keen to shout about.
What’s it all about?
Dixa enables brands to serve customers from a single screen across multiple channels. Incorporating social media, voice and messaging apps as well as chat, it tackles the problem of customer services operating in compartmentalised transactional silos. By bringing everything back together, it enhances the service for the customer, integrating and simplifying the process for the business.
A stellar new team
Signalling our ambition is the appointment of UiPath Executive Thomas Hansen to the board. Bringing with him a wealth of experience in the enterprise software sector, including senior executive roles at Carbon Black, Microsoft and Dropbox, he has a depth of strategic knowledge of the sector that he now brings to Dixa. He’s joined by our new Chief Revenue Officer, Scott Sinatra. Scott has led from the front at BladeLogic, BMC, and Glassdoor and has a proven track record when it comes to building new markets. As a founding member of the executive team at Glint, he helped to take the company to LinkedIn acquisition from a standing start. It’s precisely this vision and ability to break new commercial ground that we want to champion at Dixa.
A broken customer service market
The US is probably the world’s most customer service-centred society with high expectations from consumers about the service they receive. Unfortunately, the technology being used to deliver customer service hasn’t caught up with evolving consumer demand. Both companies and their end consumers want to move towards a single platform ticketing approach to replace the old silos. Companies need to build a fuller, more data-driven and conversational approach to understanding their customers and that’s where Dixa comes in.
Dixa brings together every communication channel together while giving operators all the information they need at their fingertips.
Jenny has been reporting on small business issues since 2001 where she held a number of freelance positions across the leading SME publications in the UK. Specialist subjects included SME financing and tax.


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The Welsh Government has published its strategy to achieve a substantial increase in the number of electric car charging points in Wales, it has announced.
The plans are based on a 2025 vision that all users of EVs can be “confident” that they can access charging infrastructure “when they need it”.
The government plans a proposed investment of £30 million over five years with a consultation on the strategy being launched. It will form part of Welsh Government’s ongoing efforts to support the transition to low emission vehicles and complementing the UK Government’s recently announced policy to end the sale of new petrol and diesel cars in the UK by 2030.
Currently just 0.17% of vehicles used in Wales are electric, and the government said that increasing the number of electric cars on roads is part of efforts to achieve a major reduction in carbon emissions from the transport network.
Discussion with consumers identified a number of issues which reduced confidence in using electric vehicles, it said. To address these concerns the Welsh Government has listed desired outcomes, including:
- payment to be possible by contactless payment and an associated app based system, with simple and accessible pricing information
- consistent information about charging on main roads
- reliable and available infrastructure
- 24/7 customer care to support drivers
- safe, well-lit environments for charging facilities
Other steps to improve access to charging points include better provision at homes and offices, on-street fast charging being encouraged throughout Wales, and a rapid charging network being provided on main roads. Over the next decade the strategy identifies the need for between 30,000 and 50,000 fast chargers and 2,000 to 3,500 rapid/ultra-rapid chargers.
Ken Skates, minister for economy, transport and north Wales, said: We are at the early stages of a transport revolution that will see the phasing out of petrol and diesel cars and vans. To tackle the climate emergency our transport system must become cleaner and greener.
“Electric vehicles is an emerging market but one that that will be integral to how we travel in the coming years. Improvements cannot be driven by government alone, and this strategy will support the public, private and third sector to work together in giving people confidence in using electric vehicles.”


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Sony Computer Entertainment has provided the first details of a formal action plan following the massive theft of up to 77 million users' personal data in April. The Japanese company provided information via the U.S. PlayStation Blog Sunday regarding when users can expect the hacked PlayStation Network to resume service, what subscribers can expect in reparation for the network's down time and their stolen personal information, and what is being done to beef up security.
PSN functionality will be restored in stages on a region-by-region basis, the post says. The first services to be restored will include online play, the PlayStation Home social network, and access to account management (where users can reset their passwords), friends lists, and live chat functionality. Users who subscribe to Sony's on-demand service, Qriocity, will have to access Music Unlimited, and users with un-expired movie rentals will be able to resume watching content. Restoration of these initional services will begin "shortly" (the post's title suggests sometime this week).
As for goodwill gestures meant to appease the millions of angry gamers who had their information stolen, Sony is in the process of crafting a package that will provide users with "free entertainment content" based on region. The exact nature of this content has yet to be revealed. Also, current PSN users will have access to a free 30-day trial of PSN Plus, a subscription service that provides early or exclusive access to betas, game demos, and premium downloadable content. Existing subscribers will be given a free month of PlayStation Plus service--a value of about $5--as will subscribers to Qriocity's Music Unlimited service. For those interested, Sony will provide assistance to enrol in identity theft protection programs.
And what is Sony doing to ensure a security breach of this magnitude never happens again? For starters, the company is creating a new executive position with the title Chief Information Security Officer, though the first person to fill this office has yet to be named. Other security measures include the addition of enhanced encryption to protect user data and implementation of a variety of unnamed automated tools designed to detect and defend against software intrusions. Sony is also expediting a plan that was already in place to move to a new and more secure data centre.
When they do get back online, end users can expect to encounter a forced system update that will entail a mandatory password reset. Sony says that these new passwords can only be changed on the system on which they were created or with email verification.
Sony has not released any further details on the motivation for the attack or who the hackers might be.


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Philadelphia Products Liability Attorney Discusses the Dangers of Unsafe Power Presses
September 15, 2014
By Peter M. Patton, Esquire
Power presses continue to kill and disable workers, despite suppliers’ knowledge of safeguards to prevent such incidents. Manufacturers and other suppliers know how to guard power presses, but often to fail to do so.
A recent example of a press incident is a crush incident on an aluminum press that killed a worker at an Ohio plant in August, 2014. An aluminum press crushed and killed Daniel Banks, an Ohio resident, on August 6, at an aluminum extrusion plant in Niles, Ohio. According to news reports, the company has three aluminum presses, with the smallest one rated at 1,600 tons. The ram of the press descended and crushed the worker.
Power press incidents continue to happen although the technology to prevent such incidents has been known for decades. In some instances, manufacturers have knowingly sold unsafe presses to employers, even though the manufacturers knew that the presses were unsafe.
Galfand Berger has decades of experience in investigating power press incidents. Presses range in size from very small presses up to presses of some thousands of tons. Because many manufacturers have gone bankrupt, knowledge of the industry and other potential defendants is important in pursuing a case where a worker was injured on a press.
If you or a loved one has been injured by defective machinery or equipment, contact a products liability attorney at Galfand Berger. Call our law offices at 1-800-222-USWA or submit an online inquiry. We have offices conveniently located in Philadelphia, Reading and Bethlehem, PA, and represent clients throughout Southeastern Pennsylvania, including the Allentown and Harrisburg regions, and Southern New Jersey.


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Tesla staffers told congressional aides they were still trying to understand the "system failure" that led to the crash, a source told Reuters. » Read More
The online retailer said worldwide orders rose more than 60 percent compared with the previous Prime Day.
Businesses are purchasing 'lure modules' to attract gamers into their stores.
The automaker says it will pay hackers a maximum of $1,500 for finding a security flaw.
Travelers in the Asia-Pacific region are expected to spend $216-billion next year, according to a new eMarketer report.
Valeant, Fiat Chrysler and Amazon are making headlines this morning before the opening bell.
The new reality TV show is like "The Bachelor," but you have to woo Eddy Cue with your iPhone app.
Holman Jenkins, Wall Street Journal talks about Tesla's stand to keep autopilot in light of the SEC probe of the company.
Nissan launched a suite of semi-autonomous driving functions, stressing they were intended to assist and not replace drivers.
SW Retail Advisors president, Stacey Widlitz reacts to Burberry’s latest earnings, while commenting on what she expects from the upcoming chief executive, Marco Gobbetti.
If video content is king of the world for marketing, can it be for mobile shopping as well? YEAY founder and CEO, Melanie Mohr weighs in, with added comment on her video marketplace app, YEAY.
Michelle McGrade, chief investment officer at TD Direct Investing, looks at the change of leadership at U.K. brand, Burberry, adding that she’s quite bullish on the luxury sector.
South Africa's Steinhoff will bulk up its presence in the British market after agreeing a 597 million pound ($794 million) takeover of Poundland.
One of the metrics of success would be the number of new prime memberships as a result of Amazon Prime Day, says Forrester Research's Sucharita Mulpuru.
Google is implementing several new features on its search engine to help retailers and hotels reach the mobile shoppers.
CNBC's Courtney Reagan reports on the other retailers benefiting from Amazon's Prime Day.
Taco Bell revealed on Tuesday that it's going "all-in" this fall and opening a flagship restaurant in the heart of the Las Vegas Strip.
Allen Questrom, Former Chairman and CEO of J.C. Penney, discusses how traditional retailers can survive competition from Amazon and other internet competitors.
CNBC's Courtney Reagan reports on Amazon's second-annual Prime Day and what's at stake for both the company and consumers.
David Spade's ride looks like a troublemaker. Jay Leno's Garage premiere episodes Wednesday 10P ET/PT.
If it's Corvette vs. Dragster, pick the one with the flames. Jay Leno's Garage premiere episodes Wednesday 10P ET/PT.


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Software giant SAP's foray into the Web 2.0 world has delivered the desired results of shorter product cycles and better communication with its customers, in less than six months.
SAP, back in January, made an extensive commitment to blogging, collaborative wikis and other methods to canvas opinion from its nearly 900,000-strong SAP developer network (SDN).
In a speech at the software maker's recent Mastering SAP Technologies conference, Rolf Schumann, SAP director and EMEA chief technology officer, said the focus on collaboration has seen software quality improve and development cycles shortened.
"Today, people want to share knowledge because they get knowledge back. This will be a real game changer," Schumann said.
Asia-Pacific chief technology officer Simon Dale told the same conference new applications are regularly posted for evaluation and discussion, driving a higher level of customer involvement than ever before.
"It's all about going back to the idea of collaboration. By using Web 2.0 technologies around wikis, a user's question might be answered in four minutes," he said.
"We're building this two-way feedback loop, and our own developers are improving products by commenting [on customer requests]. That's the power of collaboration: we can develop this community-based definition of enterprise services, and talk to people about what they really want," he said.
Developers, for example, are more conscious than ever to document their work because it will be reviewed by others in the online community, Schumann added.
"Today, people want to share knowledge because they get knowledge back. With these tools, it's fun, it's fancy and it's easy — and they get things back," he said.
An online force
SDN isn't the world's first online developer community, but it has proved to be a significant one for SAP.
It can branch out in the highly competitive ERP space and move towards building service-oriented architectures, in which business systems are simply amalgamations of existing services linked according to business process.
Dale believes that SAP has been able to foster a more innovative, experimental culture because modern development tools allow programmers to piece together services in a "sandbox" where they can't hurt anything.
"You can just experiment, and if you compose an app you can throw it away [if it's not useful]," he said.
Dale said after the release of the NetWeaver Visual Composer modelling tool, a group of 45 developers were let loose and came up with 120 potential applications. Of those, 20 became products after scrutiny and feedback from the online community.
"The cost of that exercise was just six weeks of development with 45 people," Dale said, "and the result was 20 products that we didn't have before."
"The idea of this whole community ecosystem is that there are main stakeholders who we need to understand. Communities of people... help us define products to be the right products — not just the ones we think are right, but the ones people want," he said.


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Samsung Needs To Do These With The Galaxy S9 To Correct The Galaxy S8's Mistakes
The Samsung Galaxy S8 is making a killing right now. The flagship from the Korean tech company reportedly garnered over 5 million in sales just in its first month. Most tech reviews center on the impressive intricacies of the Galaxy S8 particularly its brilliant and beautiful design and incredible performance. However, as the timeless adage goes, nothing is perfect. Samsung has to make the necessary adjustments to correct its few mistakes with the Galaxy S8 and apply them on its next flagship, the Galaxy S9.
Let's start with the fingerprint scanner. If there is one thing that is strikingly wrong with the Galaxy S8 is the placing of the said sensor. Samsung needs to realize that what it did was a huge mistake and fix this with the Galaxy S9. Aside from the location, the fingerprint sensor needs to work better. It lags behind the likes of the cheaper Moto G5 in terms of speed and accuracy.
Speaking of speed, Samsung will do well if it makes the Galaxy S9 faster than the Galaxy S8. As Forbes mentioned, the Galaxy S8's speed is not what one would expect from a $700 premium smartphone. Despite having the latest Snapdragon 835, the Galaxy S8 still fell behind the Galaxy S7, Google Pixel and even the OnePlus 3T.
Samsung has at least one full year to work on its digital assistant. It was a major fail that Bixby was not available at launch. Reports coming from Korea, where Bixby is already available, are not good ether. This is quite disappointing considering AIs are a huge hit right now. Forbes went on to say that it might even be better if Samsung completely ditched Bixby.
Samsung put so much effort on the Galaxy S8's battery to make sure it will not go the way of the Note 7. So far there are no reports of exploding batteries but the Galaxy S8 seem to have a problem with fast charging. Simply put, its "Adaptive fast Charge" feature is not charging fast enough. The Samsung galaxy S9 should come with something like the USB-PD or the Qualcomm Quick Charge 3.0 (the Galaxy S8's tech is based on the outdated 2.0 version).
The Samsung Galaxy S9 needs to have a dual lens camera. Most flagship smartphones coming this year will have dual cameras. The Galaxy S8 was rumored to come with such features but ended up sticking with a 12-megapixel single-lens camera which is underwhelming, to say the least.
BGR pointed out that rumors circling the Galaxy S9 are already making the rounds. According to the buzz, Samsung and Qualcomm have begun work on a more advanced processor which is expected to be called the Snapdragon 845. As with the Galaxy S8, Samsung got exclusive rights to Qualcomm's newest CPU. Since the two companies are said to at it already, expect the Galaxy S9 to also be powered by the Snapdragon 845 exclusively before it becomes available to other companies. The next Snapdragon chip will be produced by either Samsung or TSMC as reports indicate. A smartphone with the latest processor needs other high-end features to truly perform well. This means Samsung should increase the RAM from a measly 4GB.
Android 8.0 Oreo Update Under Works for Galaxy S8 and S8 Plus
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Samsung Galaxy S9 Releasing In January: Report
The rumor mill has started churning out leaked details of the Galaxy S9 smartphone suggesting January launch for the upcoming flagship.
Samsung Galaxy S9: Everything We Know So Far
Rumors and speculations about Samsung Galaxy S9 are already surfacing on the internet. In this article, we have rounded up all the rumors regarding Samsung's upcoming flagship.
HTC U11 Beats iPhone 7 Plus As The World's Fastest Smartphone
Apple iPhone 7 Plus falls short and HTC U11 excels in the latest AnTuTu Benchmarking Charts with a score beating 180K. To be exact, HTC U11 has obtained a score of 180,079, thus taking the number one position.
Galaxy Note 8 Design Revealed By Samsung's Case Maker
Samsung is set to release its Galaxy Note8 on August 26 at a special event in New York. The selling period of the smartphone could start a month after at a starting price of $1000.
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