text: Kent Seelig, a lifelong golfer who boasts a nifty 11 handicap, will be heavily involved with golf next week. But it will be all for business - some of the biggest business his meat-distribution company has done in its 63-year history. Farmingdale Meat Market Inc. will be supplying the U.S. Open in Bethpage with 18,000 pounds of deli products, including corned beef, pastrami, turkey and roast beef. It will also provide 8,000 to 10,000 pounds of hamburger meat and 1,000 to 2,000 pounds of filet mignon. Seelig figures his company's revenue will come to between $125,000 to $175,000 for the week. That would be in addition to his regular weekly sales. "It's a huge event for us," Seelig, 62, said. His company will provide meats and deli products to Carlyle on the Green - the main meeting and eating spot at the Open - and also to Prom Management Group, a Minnesota caterer that will serve refreshment stands at Bethpage. Seelig's business is one of more than a hundred on Long Island that will be supplying food, beverages, wine, transportation, candy and snacks and hospitality to players, VIPs, celebrities and just plain golf enthusiasts. Just about everything will be from Long Island - the wines, lettuce, mustard, bagels, potato chips, chocolates and dry fruits. That's the way Ridgewells, the giant caterer that will be servicing the 45 corporate tents, wants things. "Although we're based in Washington, D.C., we hire local vendors," said Susan Lacz, Ridgewells' chief executive. The caterer has hired about 500 people - some 95 percent of them Long Islanders - as chefs, waiters, bar tenders and dishwashers, Lacz said. Steve Carl, owner of Carlyle on the Green and host of the event, said six large rooms will be open at the clubhouse for dining. "We expect to serve over 65,000 meals" that week, he said. J. Kings Food Service Professionals of Holtsville, one of the country's largest distributors, will be shipping to Ridgewells the produce of 50 to 60 Island businesses, said chief executive John King. He said he expects to do between $500,000 to $1 million in business during the week. Bagels will be supplied by Bagel Boss of Hicksville. "We'll be making hundreds of dozens," said store general manager Scott Perskin. The Open's "official potato chips" will be supplied by Martin Sidor Farms Inc. in Mattituck. Farm co-owner Carol Sidor said 7,300 bags of chips are on their way. "It's a very nice deal," she said. Steve Gold, an owner of Gold's Pure Food Products Co. in Hempstead, said the company has shipped 2,600 pounds of mustard. "That's a lot of mustard," Gold said. The "official wine" will come from Bridge Vineyards of Mattituck. "It's good publicity for us and a nice shot in the arm for sales," said winery co-owner Greg Sandor. Top of the World Limo in Kings Park has some cars booked for the Open, said owner Craig Mehlsack. But the recession and new state taxes limo companies must charge have cut into business, he said. "It's [the Open bookings] nothing crazy," said Mehlsack. Lettuce will come from Schmitt's Farm in Riverhead. Owner Phil Schmitt said, "Every little bit helps." B.K. Sweeney's Parkside Tavern in Bethpage is taking on extra waiters, hostesses and bartenders for the Open, said manager Kathy Young.


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IRS searches car dealership
Gary Barbera's home was also targeted. Officials wanted tax records, a business manager said.
IRS agents executed a search warrant at Gary Barbera's car dealership on Roosevelt Boulevard and his home yesterday.
IRS spokeswoman Shauna Frye and U.S. Attorney's Office spokeswoman Patty Hartman declined to comment.
Bill Berger, a dealership manager, said the IRS is interested in tax records related to a former Barbera dealership in Roxborough.
No arrests were made yesterday, officials said.
A lawyer for the dealership, Lane Fisher, was unavailable for comment, his office said.
Federal law enforcement agencies do not typically notify targets before they execute search warrants, but Berger said these "were scheduled."
"We expected it," Berger said. "They were invited in. We cooperated 100 percent."
Eric Gerstein, a dealership spokesman, said that Barbera started the dealership in 1989 with Dodgeland on Ridge Avenue in Roxborough.
"It's an American success story," Gerstein said. "By his own admission, he worked liked a maniac. . . . You talk about putting in sweat equity. In a few years, he made the place a massive, high-volume winner."
Barbera expanded the business in 1996, opening a Chrysler dealership on Roosevelt Boulevard, later adding a Jeep dealership, and eventually moving the Dodge dealership to the Chrysler location.
"The last three years, he's been No. 1 in terms of volume in the Mid-Atlantic region," Gerstein said.
This fall, Barbera opened a Chevrolet dealership about a mile and a half away, also on Roosevelt Boulevard.

domain: news


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Nearly 60 actor Americans — and 7 actor Californians — assignment at a baby business. That’s almost bisected the private-sector workforce. Yet for all the amount these companies add to our economy, they still attempt to defended concise basic aback they charge it.
Banks are usually a continued shot. In July, America’s ample banks denied three in four baby business accommodation applications. Community banks were aloof a blow added generous.
It’s no wonder, then, that a growing cardinal of baby businesses are axis to addition forms of finance. One option, “merchant capital” — an adjustment in which a aggregation provides quick banknote to a baby business in acknowledgment for a allotment of its approaching sales — has accurate decidedly accepted in contempo years
But assembly beyond the country, including actuality in the Golden State, are targeting this anatomy of finance, claiming that it’s too costly. If assembly accomplish in these efforts, activity will get a lot added difficult for baby businesses — and the millions of Americans they employ.
Small businesses charge quick infusions of banknote for all sorts of reasons. Consider the adjacency ice-cream boutique that loses its freezer in the average of the summer — or that accouterment abundance that needs to act fast on a able new retail location. Or anticipate about the baby software aggregation that needs to accomplish payroll, but is still cat-and-mouse on checks from a bisected dozen dependable — but awfully delinquent — clients.
In all of these scenarios, admission to quick banknote doesn’t aloof advice the business — it helps advisers and the all-embracing economy.
Situations like these are adequately common. One in bristles baby businesses either biconcave into claimed funds or relied on alien costs aftermost year in adjustment to awning operating costs, according to a Federal Reserve survey.
This is abnormally accurate in California area the amount of operating a business are exorbitant. In fact, California ranks 49th out of 50 for the best big-ticket states to do business, according to one study.
The bracken of regulations foisted on California business owners generally puts them in the adverse bearings of accepting to ability out, quickly, for capital. I should know — for six years in a row, Sacramento has delivered higher-than-expected tax bills to all administration in the accompaniment because of a debt it owes to the Federal Unemployment Trust Account. Since the accompaniment isn’t declared to be in debt, businesses don’t apprehend these tax bills.
For abounding baby firms, axis to merchant capital — additionally accepted as a “merchant banknote advance” — is a abundant safer bet than aggravating their luck at a bank.
With this anatomy of finance, baby businesses accept banknote in barter for a anchored allotment of their approaching sales until they’ve paid everything, additional a fee, aback to the merchant basic provider. Retailers about abstract a allotment of their acclaim and debit agenda affairs automatically to cut bottomward on authoritative hassle.
There are affluence of affidavit why a business ability adopt this access to a acceptable coffer loan.
For starters, banks are appealing stingy with baby business loans. Merchant basic providers are beneath calmly afraid abroad by baby businesses — and don’t put as weight on business owners’ claimed acclaim histories.
Sometimes it’s aloof an affair of time. Businesses applying for a merchant banknote beforehand get an acknowledgment in a amount of days, and sometimes hours — not weeks or months, as with a coffer loan. This is acute for firms in a crisis that don’t accept time to cross a complicated accommodation appliance process.
On top of that, coffer loans are usually repaid through anchored account payments — behindhand of how able-bodied a aggregation is performing. Payments for merchant banknote advances are based on a business’ absolute sales. This agency the basic provider alone gets paid aback the business makes money.
In short, merchant basic gives baby companies addition advantage for ambidextrous with abrupt expenses. And sometimes, this banking apparatus is the alone way to accumulate a business’ doors accessible or abstain a all-embracing layoff.
Nevertheless, California assembly are aggravating to attenuate the merchant basic industry. Both the accompaniment Assembly and Senate afresh anesthetized S.B. 1235, a bill that would crave all addition accounts companies, including merchant basic providers, to use a new, compatible metric in advice costs costs associated with their products.
California Governor Jerry Brown aloof active the bill into law.
The newly-created metric, dubbed the “Annualized Amount of Capital,” is added acceptable to addle barter than to brighten the absolute attributes of addition accounts products.
And the acceptable aftereffect of all of this abashing will be an access in the acknowledged and authoritative costs borne by the industry — a aftereffect that will absolutely accomplish merchant banknote advances few and far amid in California.
The aforementioned is accurate for New York’s accomplishment to adapt merchant basic through the state’s Department of Banking Services. By banishment the industry to accede with a bracken of regulations and requirements, the ameliorate would accountability the industry with new authoritative costs and complications, thereby adverse its availability to New York businesses.
Merchant banknote advances accommodate the concise basic that baby firms charge to survive and thrive. California leaders who appetite to advance a vibrant, growing abridgement charge to see the merchant basic industry as an opportunity — not an blackballed blackmail to business owners.
Click actuality for more Commentary and Opinion from Investor’s Business Daily.
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CHENNAI: The management of Royal Enfield motorbikes (Eicher motors limited) have approached the Tambaram City police seeking action against a network of fraudsters who are using the company’s name and logo and have created a fake website to lure in entrepreneurs to swindle money from them.
The fraudsters run a website in the name of Royal enfield partners and are conning innocent entrepreneurs and also cause loss to the company, apart from gaining illegally through the company’s name.
According to a complaint by the legal team of the company, they received information from an aspiring dealer in Madhya Pradesh who had tried to open a dealership in his hometown, Raisen.
Police sources said that the Madhya Pradesh man had checked the website, royalenfieldpartners.com to look for details about the dealership and after a few hours, he received a mail, confirming his dealership deal and asked him to deposit a sum of Rs 2.65 lakh rupees to a bank in Thiruvottityur.
The Madhya Pradesh man also received a phone call and was told that the money was meant for registration fee.
The company’s corporate office in Sholinganallur who learnt of the incident made their enquiries and found that an unauthorised website in the name of royalenfieldpartners.com is in operation, inviting entrepreneurs for application of dealership business. “The website displays lengthy, fabricated information and pictures to deceive public, ” the FIR stated adding that this act by fraudsters is also causing irreparable damage to the company’s brand.
The company further alleged that similar complaints were lodged before police in 2019 and 2020 too and sought action. Semmenchery Police registered a case under Sections 465 (forgery), 420 (cheating) of IPC among others.


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Capcom has officially announced the release times for the digital version of Dragon’s Dogma 2. This highly-anticipated action role-playing game is set to launch on March 22, 2024, but players with the digital version will be able to start playing a day earlier on March 21, specifically on Steam in certain regions. For PlayStation 5 and Xbox Series X and S owners, the game will launch at midnight local time on March 22, except in regions observing Pacific Daylight Time (PDT), where it will go live at 9pm on March 21.
As fans eagerly await the release of Dragon’s Dogma 2, IGN has provided extensive coverage of the game, including a detailed preview and information about the live character creator feature. Players can get a head start on creating their characters before the game officially launches. However, gamers should be cautious as spoilers have already surfaced online, potentially impacting the overall experience. With global release times already set, players around the world are gearing up to dive into this exciting new gaming experience.
Wesley, the UK News Editor for IGN, has been keeping fans updated on the latest developments surrounding Dragon’s Dogma 2. As the release date draws near, excitement is building among players who are eager to explore the world of the game and create their own unique characters. With the global release times in place, fans can start planning their gaming sessions and prepare to immerse themselves in the fantastical realm of Dragon’s Dogma 2 when it finally arrives.


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WATERLOO, Ontario and LOS ANGELES, Nov. 17, 2015 /PRNewswire/ -- TextNow, the company making mobile phone service ultra-affordable through its unique cloud based technology, today announced plans to add international calling to more than 150 countries. In addition, TextNow is now making it possible for users to earn credits that they can apply towards lowering their monthly phone bill or use to make free international calls. Users can unlock this new cost-savings solution by simply watching video ads or completing offers within the TextNow app.
"At TextNow, we're committed to making wireless services affordable for everyone and empowering people to stay connected with their friends and family, no matter where they might be," said Derek Ting, CEO and co-founder of TextNow. "International calling has long been a requested feature from our users and we're excited to be able to roll it out and offer yet more significant savings over costly plans from traditional wireless companies."
Through the new international offering, TextNow users will be able to keep in touch with friends and family around the world at industry-low rates, including popular destinations such as Mexico, China and India. Highlights of TextNow's international calling feature include:
- Unique to the TextNow service, users can earn credits to make free international calls
- Users no longer have to worry about unknown caller IDs, outdated calling cards or confusing VoIP apps. With TextNow, users have the benefit and convenience of directly making international calls using their TextNow phone number
- Users can easily check rates for international calls by entering the number into the phone's dialer. TextNow shows users exactly how much each call will cost before even hitting the call button
TextNow will be rolling out the international calling feature over the next few months and has started accepting beta sign ups today at https://www.textnow.com/beta.
TextNow is also expanding its unlimited U.S. and Canada calling offering to its millions of free app users. Calls and texts to all U.S. and Canadian phone numbers are absolutely free for both TextNow Wireless and TextNow app users.
With TextNow, consumers can expect more from their mobile phone service. TextNow's cloud-based mobile service allows users to take their phone numbers from their phones to their computers and to their tablets, through the TextNow app.
TextNow is making mobile phone service ultra-affordable through its unique cloud based technology. Through TextNow Wireless and the free TextNow app, the company provides millions of users a better and more affordable alternative to traditional wireless plans and services. For more information, please visit www.textnow.com.
CONTACT: Zella Panossian, (310) 452-4445, [email protected]


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The retailer came under fire a few weeks ago after the Internets discovered a major Photoshop fail the store somehow allowed to slip through the cracks. The megastore put a badly Photoshopped model on their site selling swimwear. Unfortunately, buyers were unable to look past her overly exaggerated thigh gap and unnaturally long arms to even see the bikini being sold.
Ellen brought the model on the show to defend herself and clear up the controversy. What ensued, well, you kind of just have to see it for yourself!
Model Tanya Marie Keller hit the stage sporting a strange accessory. Check it out above.
Though Ellen gave viewers a lighthearted and refreshing view on the subject, we hope her message was loud and clear and the Photoshop fails stop.
SOURCE: Huffington Post | VIDEO CREDIT: Ellen.


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"I've started riding my bike to anywhere I can, just as much as possible, instead of driving my car," said cyclist Chris Marshall.
Bicycle store owners said good weather helps generate business, but make no mistake, what is happening at the gasoline pump lately is sending more people into their stores.
"In the bicycling world, it means that people are starting to think of it more seriously, and we're getting our little bit of space on the road, maybe," said Cycles De Oro owner Dale Brown. (Read more. Includes video.)
Image: Web capture.
Visit: He bikes for exercise, economy, Raleigh News-Observer
Visit: Paul Dorn's Bike Commuting Tips Site


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Today, Chillingo announced the release of BOP IT! SMASH. Challenge your reaction time as you try to catch the light in the arcade app version of Hasbro™’s newest addition to its addictive, BOP IT™! series.- VVGtv
N4G is a community of gamers posting and discussing the latest game news. It’s part of NewsBoiler, a network of social news sites covering today’s pop culture.


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The DGOJ is asking how loot boxes should be regulated, or whether they should be banned altogether.
Spain.- The national gambling regulator the Dirección General de Ordenación del Juego (DGOJ) has launched a new consultation on the regulation of loot boxes in Spain.
The consultation asks whether loot boxes in video games require new regulation, whether they should be regulated as gambling products or whether they should be prohibited altogether.
The DGOJ noted that loot boxes had rapidly “become a very relevant business model” in both paid and free-to-play games, with half of mobile games and 35 per cent of computer games using the blind-boxed mechanic for in-game purchases.
The regulator is of the opinion that loot boxes share many features with gambling products, such as “near misses” and “losses disguised as wins”.
It said they could clearly be considered as gambling under the Spanish Gambling Act, which defines gambling as involving payment for participation, chance in determining the result and a prize transferred to the winner.
It said: “This legal definition, which is known and applied by all entities that offer activity related to gambling and betting, is also applicable to loot boxes.
“It is irrelevant if that reward is a cosmetic improvement in a video game or a competitive advantage for a player who obtains it.”
The DGOJ is asking a range of questions to seek to determine how loot boxes should be regulated.
That includes the question of whether loot boxes should come under the remit of Spain’s existing gambling legislation or whether a new regulatory framework is needed.
In the latter case, it asks what such regulations should involve, whether a specific framework for customer protection was needed and whether operators that offer loot boxes should have to apply for gambling licences.
It also asks whether loot boxes should be considered legal or should be banned.
The consultation is open until March 31.
Elsewhere in Europe, Belgium has classified loot boxes as gambling products, while the UK is investigating the mechanism further.


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Free is an enticing word—especially in today’s economic climate. But according to Rafi Mohammed, author of The Art of Pricing, it might be the wrong one to use when it comes to designing a promotion.
Take recent examples of promotions-gone-awry: In February, Quiznos offered free subs to the first one million customers who visited their Web site and downloaded a coupon. Within three days of the promotion’s launch, all of the coupons had been downloaded.
“The promotion was designed to invite new and faithful customers into our stores and provide them with a great guest experience,” Quiznos said in a prepared statement to QSR. But customers found many franchisees unwilling to accept their coupons and blogged about it—not exactly the response Quiznos had anticipated.
More recently, KFC teamed up with The Oprah Winfrey Show to promote its new Kentucky Grilled Chicken. Customers who visited the show’s Web site and downloaded a coupon for a free grilled chicken dinner flooded stores, and KFC couldn’t accommodate the heavy traffic.
“We expected a high redemption for the free meals based on previous promotions done by Oprah, but we did not anticipate the actual demand,” KFC spokesperson Laurie Schalow said in an e-mail.
About 10.5 million people downloaded the free coupon, and more than 4.5 million free meals were given away during the first two days of the promotion. The result: long lines that irked customers and restaurants that ran out of chicken, annoying them even more. KFC had to offer rain checks to millions who were denied their free meals the first time around.
In both cases, pricing guru Mohammed points to the nonexistent price tag as the problem.
“Especially in these times, “free” is a very powerful word,” Mohammed says. Free offers can give you good publicity, but only in certain circumstances, he warns.
“Free is a great promotion, but limit it to a day,” he says. “The problem with free is when you extend it over time. … You have a lot of customers coming to your place just because it’s free.”
Over participation in free promotions not only loses restaurants money; it also creates a negative in-store experience for customers who might have otherwise returned. Mohammed points to Denny’s offer to give customers a free Grand Slam breakfast the Tuesday after the Super Bowl—one day only—as an effective way to limit the potential pandemonium.
KFC agrees that it would “stagger the redemption the best you can so the restaurants can handle the demand and customers have a great experience.”
But to get new customers in stores—and keep them there—Mohammed suggests a different strategy:
“You have to make the discount big enough to inspire trial,” he says. “The common thing that catches people’s eyes and gets people interested, I’ve found the threshold is 50 percent.” The customers who redeem a 50 percent off coupon are much more likely to return to the store when the price is back to normal than those who come for a free offer, Mohammed says.
Plus, emphasizing product differentiation is key for national chains.
“Advertising price is important, but it’s also important to articulate how your product differs from others,” Mohammed says.
And local restaurants with less competition should avoid getting swept up in pricing wars altogether.
“When there’s not a lot of competition, you don’t have to match a rock-bottom price,” Mohammed says.
But despite the unexpected complications, neither Quiznos nor KFC considers their promotions a failure.
“The Million Sub Giveaway promotion has long-term material benefit to the sales and profitability of our franchise owners by introducing new and faithful customers to Quiznos’ new value offering and by keeping Quiznos top-of-mind among consumers,” Quiznos said in a prepared statement to QSR.


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Following two major acquisitions last year, Republic Airways Holdings says it will introduce a "unified brand plan" in the spring, suggesting both the Frontier Airlines and Midwest Airlines names could disappear. "We will get to a unified brand," Republic CEO Bryan Bedford said Friday. "We believe both Frontier and Midwest bring great brand value to us. And we need to work in a path of fusing these brands that retains as much customer loyalty as we can."
Published in Brief:


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Franklin to consider banning dog and cat sales at pet stores
Franklin city staff will study a potential ordinance that would prohibit pet stores from selling dogs and cats.
Animal advocate Ashley Cunnyngham brought the issue before the Board of Mayor and Aldermen doing its Tuesday work session.
She argued dogs sold in pet stores could come from puppy mills, which lead to health concerns both for animals and owners.
"This is a widespread problem and Franklin is no exception," Cunnyngham said. "People here love their dogs and care about them."
The proposed ordinance would no longer allow the sale of dogs and cats through pet store businesses. City staff said they weren't certain how many businesses in Franklin this would affect.
Cunnyngham said no other cities in Tennessee had an ordinance like this and presented a package of research to aldermen. She also provided the city with a petition from 1,400 residents who would like to see an ordinance in place.
Aldermen expressed interest in allowing city staff to research the issue, but wanted to also look and see if any bills in the state legislature would address the issue.
"I am not sure if its in our purview, but we need to see," At Large Alderman Brandy Blanton said. "I would say let’s walk this through to protect our citizens. We are fortunate to have a no-kill shelter in our community which is always teaming up with businesses for adoptions. But I have heard stories in our community about this issue."
City staff will look into the issue during the next few months.


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OKLAHOMA CITY - Back-to-school clothes can be pricey, but there is a way to save.
Parents are already rushing to get their kiddos ready for the first day of school.
However, if you haven't bought those school clothes yet, you will want to wait a few more days.
This weekend, Oklahoma will once again offer shoppers a tax-free holiday.
The incentive applies to any clothing item, though it does not apply to school supplies.
The list of what you can get is long.
While you can spend hundreds of dollars total, each individual item has to be less than $100.
It's a tax break many people are looking forward to this weekend.
"It's the best weekend to shop, especially for back-to-school clothes," said Savannah Butler, with The Outlet Shoppes at OKC.
Starting Friday, Oklahomans can take advantage of a tax-free weekend on clothing, shoes and some athletic items.
The tax-free holiday starts Friday morning and runs through Sunday night.
The Outlet Shoppes at Oklahoma City expect a huge crowd and already have events planned all weekend to keep shoppers entertained.
"This is our busiest holiday next to Black Friday and holiday time," said Butler.
Many stores are offering big sales along with the tax holiday, hoping to entice shoppers to spend even more.
"It's kind of a win-win for the consumer and the merchants," said Paula Ross, with the Oklahoma Tax Commission.
One important thing to remember is school supplies are not included, meaning you will still have to pay taxes on those items.
State officials say that while adding school supplies has been discussed, it likely will not happen.
"The state does reimburse the cities and counties sales tax money. It's something they talk about but that does raise the cost on reimbursement," said Ross.
The tax commission reminds shoppers only items which are individually priced at under $100 are tax exempt.
Some of those items that will still be taxed this weekend include:
- Rental clothes or footwear
- Athletic clothes
- Athletic shoes
- Belt buckles
- Costume masks
- Patches or emblems
- Sewing equipment
- Hair bows
Items that do qualify for 'Tax Free Weekend' are as follows:
- Athletic supporters
- Baby receiving blankets
- Bathing suits and caps
- Beach capes and coats
- Belts and suspenders
- Coats and jackets
- Ear muffs
- Formal wear
- Garters and garter belts
- Gloves and mittens
- Hats and caps
- Insoles for shoes
- Lab coats
- Rubber pants
- Shoes and shoe laces
- Socks and stockings
- Steel toed shoes
- Wedding apparel
If you have other questions about the tax holiday you can find answers on the Tax Commission's website.


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Baytown company fined $1 million in honey scheme
Published 10:12 pm, Thursday, February 21, 2013
A Baytown company has agreed to a $1 million fine in a case involving illegally importing honey.
Honey Holding Solutions is one of two companies federal prosecutors in Chicago said were charged. Five people also were charged.
Authorities say the honey was mislabeled to indicate it was from other countries to avoid paying antidumping duties, or it contained antibiotics not allowed in honey sold in the U.S. The scheme cost the government more than $180 million.
Honey Holding Solutions allegedly bought Polish honey that contained a banned antibiotic. Groeb Farms of Onsted, Mich., agreed to pay $2 million for allegedly buying Chinese honey that it knew was imported illegally to avoid duties.
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Defendants also included three honey brokers, former Honey Holding sales director Douglas Murphy and Donald Courture, president of Ontario-based honey broker and distributor Premium Food Sales.


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East Texas horticultural field day set June 28
Heat-wave proof’ bedding plant varieties on display
OVERTON – Home gardeners shouldn’t give up because of scorchingly hot days. Just choose heat-tolerant plants, said a Texas AgriLife Research scientist.
And thanks to extensive tests during the record 2011 heat wave, Dr. Brent Pemberton, AgriLife Research horticulturist, knows which varieties of new and existing bedding plants are most likely to survive another hot summer.
Gardeners, professional landscape managers and seed company representatives will learn what plants did well in the record-breaking heat of the 2011 summer at the East Texas horticultural field day set June 28 at the Texas AgriLife Research and Extension Center at Overton, he said.
Pemberton has conducted bedding-plant trials at the center since 1994. This year’s field day will feature 400 bedding-plant entries, everything from geraniums to petunias to verbena will be on display in outdoor plots, said Pemberton. There is no cost to attend or for the barbecue lunch thanks to expenses being paid by participating sponsors.
The field day will begin at 8:30 a.m. at the center’s North Farm site. The tour will continue at the site until about 10:30 a.m., then move to the Overton center’s headquarters building, where a demonstration garden is located. Lunch will be served at about 11:45 a.m. Indoor presentations will begin at 1 p.m., and the program will conclude by 3 p.m.
The trials include thousands of square feet of plots planted with purple, pink, red and white flowers. Pemberton designed the tests to help local growers, but the event has become popular with local gardeners too, with hundreds of people typically attending. About 200 persons attended the 2011 field day.
This year, as usual, there will be new varieties of geranium, trailing petunias, verbena, angelonia, begonias, lantana and lobelia, Pemberton said. And there will be continuing emphasis on vinca, a widely used landscape plant throughout the South.
“The new Cora Cascade vinca will be on display as well as a large number of trailing petunias,” Pemberton noted. “Also on display will be the new dwarf angelonias called Serenita.”
Newer additions will include napier grasses, almost all of the commercially available varieties of gomphrena and a large number of new portulaca varieties, he said.
Gomphrena, commonly known as globe amaranth, is currently being promoted as a 2012 Texas Superstar. New and old varieties proved themselves very tolerant to the extreme heat of 2011, according to Pemberton.
“The napier grasses are a new type of purple-leafed ornamental grass which I think will be really interesting in the future for us,” he said. “A lot of them are experimental varieties.”
Also, more colorful petunia varieties have proven to do well in East Texas from earlier tests and will be further tested this year.
There will be an expansion of the tests of verbena from 2011. Verbenas have been around for a while, but the new varieties are making the bedding plant attractive to gardeners again, he said.
“Several previous varieties did very well in 2011, and we’re bringing them back for an encore along with many new varieties,” Pemberton said.
“We also have some new begonias with enormous flowers, which you will see in our sun and shade trials that are looking absolutely beautiful this time of the year.”
As in previous years, the program will move inside after lunch with presentations by Pemberton and Dallas Arboretum representatives Jimmy Turner and Jenny Wegley, who will discuss the 2012 California Spring Showcase, also known as Pack Trials, as well as top performers for 2011.
“We also coordinate trial results with the Dallas Arboretum,” Pemberton said. “Over 5 million consumers in the Northeast Texas region now have the opportunity to see how promising new plants from all over the world perform in our climate.”
Pemberton began his trials of bedding plants to serve the commercial greenhouse and bedding plant industry. The bedding plant industry has had a $500 million annual economic impact on the region for at least a decade, and though not recession-proof, it hasn’t experienced the downturn in consumer spending that other businesses have in the last couple of years, he said.
“The bedding plant also has proven itself ‘heat-wave proof’ in the last year,” Pemberton said. “Seed companies have been very responsive in developing new varieties to fit changing conditions. We don’t know if we’ll have another heat-wave this year, but if we do, there are bedding plant varieties that have shown they can take it.”
Before Pemberton began his trials, there were few if any tests under East Texas conditions of the many new varieties released by seed companies each year, he said.
The center is located 1 mile north of downtown Overton on Farm-to-Market Road 3053. For driving directions to the event go to http://flowers.tamu.edu/field-day/ or call 903-834-6191.
Texas Superstar is a registered trademark owned by AgriLife Research, a state agency that is part of the Texas A&M University System. More information about the Texas Superstar program can be found at http://texassuperstar.com/ .


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The Huffington Post recently shone a spotlight on GigTown, highlighting us as a company that's running with an Uber-like business model!
Since day one, we've constantly kept an eye on how to improve and grow the family that's formed around this little idea of ours and this article emphasizes just how much everyone the GigTown community – fans, artists, venues, events, and more – has supported one another to help transform GigTown everything it can be. Take a look at just how far things have come and know that there's still many more exciting things planned for the future!
Meet GigTown, The Uber For Local Music
by George Beall
For restaurants and bars, one of the most overly complicated tasks is booking local music.
These venues want to bring in the most appealing musicians, but often find themselves lost in trying to find the right artist.
GigTown, a startup based in San Diego, makes booking a musician, vocalist, or DJ easy. With the recent launch of their web app, users can simply login to GigTown’s website and book a artist for their next event.
For artists in the GigTown database, this streamlines the process of finding new gigs. Before GigTown, artists would have trouble finding venues to play at and have difficulty organizing all the details.
Since their launch in early 2015, artists have secured more than $500,000 in paid bookings through the app, making GigTown a go to resource for any local musician. To get started on the app as an artist, you can simply start by creating a account and profile.
You’ll then be able to submit yourself to be considered for show opportunities on the site, or through a booker where one-off party and event throwers can contact you.
The rise of this on-demand business model made popular by Uber has become common across many industries. The key to these types of businesses lies in a push/pull situation where you need to have the demand be on par with the supply.
For GigTown, this means finding a balance of venues and artists. If there are too many venues, the demand for artists will become too high on the app.
As they expand nationwide, this balance will be hard to maintain as demand rises. With that said, the local music scenes have a strong network effect and good artists tend to be connected to others.
In addition, GigTown has been finding innovative ways to draw the attention of larger crowds. Recently, GigTown partnered up with Kaboo, a thriving music festival held every year at the Del Mar fairgrounds where nearly 10,000 people go to listen to live music.
At the festival this year, GigTown co-hosted the “Discovery Tour,” which allowed local artists to show off their talents in hopes of becoming a part of this extensive lineup.
Andy Altman, the founder of GigTown, came up with the idea after pondering how to apply an Uber-like business model to music.
His family hosts a Rock the Cure fundraiser for diabetes research each year and booking artists had always been a pain. GigTown solved a problem he was experiencing firsthand.
The app makes money based off a booking commission of thirteen percent. This enables artists and restaurants to focus the actual event while GigTown handles the payment from the venue to the artist.
Another neat aspect of the app is their check in feature that enables artists to get paid for audience check ins. If members of the audience check in to a show through the app, GigTown pays artists $10 per new user.
For a show of just fifty people at a local venue, that could easily to amount to $500 if all members of the audience are new GigTown users.
This innovative marketing strategy has enabled GigTown to growth hack their way into larger audiences, as crowds are incentivized by artists to download the app and check in to their shows.
Though the company is still young, it has made impressive strides since it’s launch. If you’re looking for a artist to book for your next event, it’s time to check out GigTown.
Originally posted via The Huffington Post on 1 November 2016.


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Spielwarenmesse 2017 rewarded with climb in visitors, successful exhibitors and greater internationality
The Spielwarenmesse has strengthened its standing as the world’s leading event for the toy industry. Opening its doors from 1 to 6 February, the organisers in Nuremberg posted high numbers of international exhibitors and visitors as well as a broad spectrum of innovations and information. 2,871 companies from 63 countries, up from 2,851 in 2016, expressed their satisfaction with the number of trade buyers at the fair. A total of 73,000 visitors, up 3.2% from 70,714 in 2016, travelled to Nuremberg from 123 nations to view the latest innovations, to engage with other members of the sector and to experience something new.
The proportion of international retailers and buyers was particularly high, climbing from 58% to 60%. The majority of trade buyers came from Europe, Asia and America. Expressed by country, the largest increases were recorded from Italy, Russia and China. First-time exhibitor Marc Collinet, CEO of the Adamus Group, praised the high quality of the visitors: “The Spielwarenmesse attracted many German and international visitors with decision-making powers. The general mood here was great.” As in the past, the trade buyers’ main focus was on finding new products and ideas. However, observing the market and the competition as well as sharing information are becoming increasingly important facets of the fair. Besides the usual business aspects, more and more visitors are seeing the event as an opportunity to experience something new.
The manufacturers responded to this need and were rewarded with increased order levels. “Our exhibition stand was even busier than last year; the response to our new products was really positive – overall, there was a sense of a new beginning,” stated Schleich’s CEO Dirk Engehausen. More than 85% of companies said they were extremely pleased with their appearance at the Spielwarenmesse, which constitutes a new all-time high. A new record was also set for the number of exhibitors, which included no fewer than 2,151 international companies. “It’s truly unique to have the whole toy world gathered in one place,” concludes Frank Baldauf of Infantino Bkids. This fact alone encourages many exhibitors to return, with more than 90% of companies already pledging to exhibit again in Nuremberg next year.
There was also much praise for the special shows staged by the Spielwarenmesse, particularly for Tech2Play. The eye-catching promotion area in Hall 4A offered the latest technological toys in the five categories: “Electronic Pets”, “Robot Toys”, “RC Drones”, “Virtual Play” and “3D Printing”. The different theme islands successfully encouraged visitors to get involved. “We were delighted to see how keen buyers were to try the products out for themselves,” says Myles Bax of start-up Robotical.
The special area for Baby & Infant Articles generated an equally positive response, offering toy retailers plenty of inspiration between Halls 2 and 3. The Spielwarenmesse has thus responded with foresight to the growing demand for attractive complementary ranges. According to a survey, the Baby & Infant Articles segment shot up in the visitor ranking on three levels, with the range, specialist group interest and quality of the offering all gaining in relevance.
The TrendGallery in Hall 3A ranked high in the visitor survey. This innovation centre presented, among others, the ToyAward winners, such as LEGO. Frédéric Lehmann, CEO of LEGO GmbH, commented: “After receiving several accolades for this product, we’re delighted that our first German award is the coveted ToyAward from the Spielwarenmesse.” 635 product entries, up from 616 in 2016, underline the Award’s high standing in the industry.
Ernst Kick, CEO of Spielwarenmesse eG, concludes: “The overall outcome of the 68th event confirms that the Spielwarenmesse is in a unique position, ranking as the most important platform in the industry.”
Next year’s event will take place for five days from Wednesday to Sunday (31.1.-4.2.2018).


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Shreddies new promotion will give away Britain’s Got Talent tickets
Shreddies is set to dazzle the nation by partnering with the ITV’s program to give away Britain’s Got Talent tickets from March until May.
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A packet of pot and a discounted Canadian barrel of oil are around the same price, laments columnist Chris Nelson.Ryan Excessive packaging now plaguing legal pot could make cannabis edibles harder to swallow, say industry players. Ottawa’s proposal to limit … Continue ReadingCanoe.com · Jan 26, 2019
Excessive packaging now plaguing legal pot could make cannabis edibles harder to swallow, say industry players. Ottawa’s proposal to limit a legally maximum 10 mg dose of THC to a single package is wasteful and bad optics for a product … Continue ReadingThe Edmonton Sun Online · Jan 26, 2019
The Boston Terrier Rescue Canada is kind to dogs… and the environment! Congrats to this organization for winning the 2018 “Recycling Revolution” contest. Last year, the Hain Celestial “Recycling Revolution” contest was launched as a way to motivate organizations, … Continue ReadingAnimal Wellness Magazine · Jan 22, 2019


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After introducing models, designers, entrepreneurs and guests, and celebrating its 37th season over four nights, DC Fashion Week came to a close. Menswear, up-and-coming designers, and couture designs by a wide range of local and international creative groups showcase Washington, DC’s multifaceted centrality.
A native of Chicago, Williams’ years of professional experience after moving to Washington, DC inspired him to launch the semi-annual DCFW trade show.
“After starting my career as a model and actor, I started designing and producing. As a designer, I wanted to raise awareness for our brand,” recalls Williams.
A native of Chicago, Williams’ inspiration for the development of the semi-annual DCFW trade show came from his years in the industry after moving to DC.
“I started out as a model and actor, then I started designing and producing. pic.twitter.com/MFmNRoyc8E
— Nairobi Fashion Hub (@FashionNairobi) October 4, 2022
“At the time, DC didn’t have a single reputable trade show that truly showcased fashion, so I started Fashion Week,” said the author.
His expertise in managing the DC fashion marketplace for over 20 years is evident in the 36 seasons that preceded the latest DCFW.
Featuring brands such as Andrew Nowell Menswear, Earle Bannister, The Debonaire Club Clothiers and Obioma Fashion, the Menswear Collections show marked the beginning of the spring/summer designer showcase.
The Friday, September 23rd exhibition was a major departure from conventional notions of masculinity, both formal and informal. Different shapes, patterns and stories were inspired by experimentation and playfulness.
The menswear presentation showcased diversity and ingenuity in both model and design, from Andrew Nowell’s silver-blue jacquard short set to Earle Bannister’s wool animal ear mask.
The 37th opening fashion show is being held. Williams explained the significance of the event:
Designers in Saturday’s Emerging Designers Showcase ranged in age from 9 to 80, many of whom are DC residents who pay tribute to their hometown, using their work to share their stories and address social issues. I turned my attention and acknowledged the history and culture. Led by Coco Wright and Adisa Bomani of Coco Bomani, one designer and his team’s collection focused on history.
Bomani means “warrior” and Coco means “chocolate”. The idea that slavery was the origin of all fashion was the idea behind Coco.
Without cotton, there would be no textile industry, so I pay tribute to my parents, my ancestors, my mother’s mother, and all those who have brought Yian to where I am today.
According to Bomani, who has presented cutting-edge and detailed pieces for the brand, the individual who brought you here is represented by what you wear from Coco Bomani.
Delight Dzansi, CEO and Creative Director of alkeBULAN and a graduate of the University of Maryland, had a similar concept of the brand’s target market when showcasing various “My Closet” collections.
alkeBULAN was established in 2018 to provide ethnic clothing and create jobs for Africans and people of African descent around the world.
Designer Aje’Ne Thomas of the Accept All Love All company has created a palette of vibrant colors for those suffering from grief and anxiety.
Fedele Nero designer Briscoe Nero dedicated his collection to his Washington, DC hometown by highlighting designs with local cues like cherry blossom branches running along the seams of some costumes.
Creators had a forum for promoting topics and cultures of interest, thanks to emerging designers’ presentations.
The crowd felt lavish on the final night of the festivities, when international couture ensembles were unveiled. appearances, but other labels like Obioma Fashion have reclassified themselves for comebacks.
Content provided: hilltop onlineDC Fashion Week & NFH


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A bill to tax electronic cigarettes in Indiana is moving through the legislature and some say the proposal needs work.
Indiana does not tax e-cigarettes and vapor products, but it’s one of many states that might create one this year. The proposal would tax the liquids used in vaping devices.
Some say this would disproportionately impact small businesses, since local shops primarily sell those liquids. Mason Odle owns two vapor shops in the state.
"The 4 cent per milliliter tax would definitely not change anybody’s buying habits when it comes to the Juul product," says Odle.
Bryan Hannon with the American Cancer Society says lawmakers should adjust the tax so that big companies like Juul are impacted.
"If we’re going to tax them and try to keep kids away lets at least treat them as we’re treating other tobacco products and tax them at a wholesale price," says Hannon.
Hannon says tax revenue should also be invested in underfunded smoking cessation and prevention efforts.
But echoing some lawmakers' concerns, Odle says the tax will also impact people who use his products for tobacco cessation.
"This product is helping individuals quit smoking and get off the tobacco and cigarettes," says Odle.
The bill is being considered by the Senate.


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WASHINGTON — Just 10 days after stepping up a massive layoff plan for jet-engine workers in Connecticut, Pratt & Whitney officials said Monday they have made a deal with a Russian rocket manufacturer to import and market Russian-made liquid rocket boosters in the United States.
The agreement between Pratt -- on behalf of its Florida-based Government Engines & Space Propulsion unit -- and NPO Energomash will give the Russian company an important foothold in the United States, and potentially pour billions into the struggling Russian economy.
Most of Pratt's rocket-booster work is done in California and Florida.
Both companies made the announcement at a Washington press conference, where they also signed the agreement.
But officials, especially those from Pratt, were vague about what the joint venture might mean in terms of profit and work-force size.
They also declined to give any details about the financial agreement between Pratt and the Russian company, though a Pratt vice president said Pratt is essentially acting as the Russian company's U.S. agent, and has given "consideration," or money, to the Russians to import the technology.
At the same time, thousands of United Technologies Corp. workers will be losing their jobs under a broad company restructuring plan, including 7,500 worldwide by June 30 and thousands in Connecticut.
NPO Energomash, founded in 1929 and the leading Russian liquid-booster company, makes sophisticated liquid-booster rockets that can launch payloads larger than American-made propulsion systems, and use technologies that Pratt and other U.S. manufacturers have wanted to develop for some time.
By linking up and sharing technology -- most of it going from Russia to Pratt & Whitney -- the companies hope to win a major
piece of the American booster-engine market for the space program.
The rocket boosters -- the Russian-made RD 170 -- that are initially to be sold in the United States through the marketing agreement will be made in Russia.
Pratt GESP's executive vice president, Robert A. Wolfe, said he hopes the boosters might eventually be produced in the United States. But that is a remote prospect, at least in the short term, because NPO Energomash said the company has a substantial amount of engines already built that it wants to unload.
The potential market for the stronger booster rocket consists of the U.S. Defense Department, the space program and commercial companies that launch satellites for other companies.
But a key U.S. program that might be a ready-made market for the high-powered Russian rocket boosters, the space program's National Launch System, has encountered substantial resistance this year in Congress, and its long-term financing is uncertain. Wolfe nonetheless is hopeful.
"We feel this country will pursue a heavy lift vehicle in the future," he said.
His Russian counterpart, Boris I. Katorgin, general director of and designer for NPO Energomash, said that his company is excited about the prospect of being able to sell in the American market, and that it has a substantial inventory of rocket booster units ready to go. "We can sell to anybody who wants to buy them today," he said through a translator.
The Russian company also has developed specialized propellants and other sophisticated metals that Pratt and other U.S. companies have not, opening up the possibility that Pratt could quickly jump ahead in developing advanced booster systems on its own, provided the technology is shared.
Many details of the agreement remain to be worked out, however, Wolfe said.
"We have made our first step now," said Katorgin. "We are just at the beginning of the journey."


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Walmart lays off hundreds of corporate workers1 min read . Updated: 04 Aug 2022, 04:59 PM IST
Retailer is restructuring headquarters operations after warning of profit troubles
Walmart Inc. is cutting hundreds of corporate roles in a restructuring effort, according to people familiar with the matter, a week after the retail giant warned of falling profits.
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We have seen a trend of emerging technologies quickly becoming a dominant part of the way we interact with the world around us. In late 2016/early 2017 mobile devices overtake desktop web browsing for the first time. (source) Today almost every company has a presence not just on mobile web, but in the app stores. The popularity of mobile applications however has a long history with 苹果’s iOS celebrating its 10 year anniversary earlier this year.
- 在出货量方面，2018年第一季度智能手表占43%. 苹果成为出货量最大的供应商.800万只苹果手表(source)
- 苹果占据了手机智能手表市场59%的份额. “而苹果的生态系统拥有强大的LTE智能手表, 安卓生态系统中缺乏类似的产品是显而易见的. 如果谷歌决定利用传闻中的Pixel Watch来争取这个机会, 它将启动这一领域急需的竞争.” (source)
- 苹果公司在2017年最后一个季度售出了800万只苹果手表, the most since the product was introduced and the highest number of shipments in a single quarter for any wearable vendor. That figure is also more than the companies in the Swiss watch industry’s combined sales. (source)
- 在2月2日的苹果股东大会上. 13, CEO Tim Cook said revenue from the wearables alone is approaching that of a Fortune 400 company. This means 苹果’s wearables business is nearly the size of a company like Jetblue, with at least $6.年销售额70亿美元. (source)
Strategy 分析 published a research note (Aug 2017) claiming that cumulative 苹果 Watch sales now stand in the 30 million range since the device launched in April of 2015. (source)
The growth of smartwatches and other wearables is ultimately going to revolutionize the way users interact with their mobile devices and applications. 提供快照信息的受欢迎程度 & 提醒(文本信息、电话、电子邮件)已经是一个推动采用的因素. New features being added to devices like the 苹果 Watch are allowing it to grow to a new level of engagement with LTE support, GymKit, 心率监测和家庭工具包集成.
AR技术在两个谷歌中都得到了吹捧 & 苹果年度主题大会. Both 安卓 and iOS development kits are being released to expand access to the technology and allow developing a seamless experience.
- 谷歌的桃色: Includes Augmented Images to provide augmented reality hooks based on image data (think playing a movie trailer when pointing at the poster)
- 苹果的ARKit 2: Enables Developers To Create the Most Innovative AR Apps for the World’s Largest AR Platform
- 谷歌I / O Keynote Demo’d AR turn-by-turn navigations powered by 谷歌 Maps Street View
多年来，增强现实技术已经接近被广泛采用的边缘. 《Betway体育彩天堂》等案例研究表明，在某些行业中 & 利用增强现实的普及可以使其使用率和销量猛增.
- 总共赚了1美元.20亿营收和7.52亿下载量, 根据Apptopia, 一家位于波士顿的应用智能初创公司. (source)
- Grand View Research估计AR市场价值为100美元.240亿到2024年(source)
Widespread adoption in other industries will likely be driven by innovation in usage and value provided to customers.
- A potential example is a new feature being rolled out by Capital One for its Auto Navigator app, 是什么帮助购物者找到汽车并迅速获得融资. 而不是手动搜索汽车的融资信息, you can just hold your iPhone up to see make and model details right above the vehicle, 以及你的月供是多少. (source)
亚马逊, 谷歌, 苹果, 三星, and countless 3rd party vendors are all competing for success in the virtual assistant space. 这是苹果WWDC大会上两大主题演讲中经常讨论的话题 & 谷歌I / O.
苹果 acquired Workflow (a task automation app) in early 2017 and is now rolling out Siri Shortcuts with its iOS 12 release
- Allows API support to integrate common to integrate 3rd party apps into shortcut flows
- Think quickly paying bills or sending money amongst friends funded by your Arvest app with Siri integrated commands.
物理设备(亚马逊 Echo) & 谷歌回家)
CIRP分析表明，在美国安装的设备基数, 亚马逊Echo占69%, 或者说3100万个单位, 而谷歌首页则有31%, 或者1400万单位. The installed base grew by 18 million units in the quarter ending December 31, 2017. (source)
Around 60% of 亚马逊 Echo and 谷歌 首页 users also have connected at least one other accessory, 如恒温器, 安全系统, 电器, 和照明. (source)
Growth of these physical devices will continue to drive adoption of their underlying “smart” assistants and the benefit those services can buy as other smart devices are added to the ecosystem (thermostats, 安全系统, 灯, 电器, 扬声器等).
Therefore when looking into the next big trends in mobile it is logical to assume it will come from areas being supported by the largest companies in the space. 硬件和软件公司都大力支持可穿戴设备, augmented reality and virtual assistants it is clear these technologies are on a similar path of growth. The customer market has already proven the successes possible in these spaces through wide adoption and profits. Additionally these technologies have passed their tipping point as the early majority has already bought in based on the rates of adoption and sales seen previously. 正如我们所看到的，移动浏览取代了桌面浏览, so too are we seeing landmark swings like a smartwatch company surpassing Swiss watch manufacturers. This means that the newest trends in mobile will likely be in innovative usage of these new mobile technologies.
Personally it seems these technologies are all related around closing the gap between the user and the content. 不再需要刻意地、有意地发布一个媒体, 比如一个网站或应用程序, 与公司的内容交互. The providers are now being integrated directly into the devices and operating systems to provide a seamless experience. Wearables allowing technology to be an accessory with access to information at a glance. 增强现实将企业的数字内容带入现实世界. Virtual assistants becoming a source of suggestions and recommendations for places or services with natural language conversation that can provide a much more trustworthy and personal experience. The business impact of these technologies therefore is allowing a corporation to become more integrated and relevant to a customer than ever before.
CRi 解决方案 focuses on new technologies to allow us to continue building quality products that customers love. 我们提供 移动和web开发服务 这将帮助你获得更多的客户，并保持你现有的客户. 如需更多资料，请电邮至 email@example.com 或者点击屏幕右下角的接触气泡.


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The Montebello Rock team is happy to announce a real time virtual simulation edition of Rockfest on the usual dates of the event: June 19-21, 2020. This unique experience will be the first of its kind, a world exclusive.
Using thousands of unreleased hours of footage accumulated for nearly 15 years as well as new filming, this immersive and innovative project will offer festival-goers the chance to relive in real time the unique and chaotic experience of the legendary event : the road trip to Montebello, the arrival at the campground, the party in the small town and the music. Taking place 24 hours a day from the Friday to the Sunday, this virtual edition will feature a total of 50 hours of exclusive content.
Both a nostalgia trip for Rockfest regulars and a discovery for those who never got to attend the festival, the virtual edition developed with thepointofsale.com will let fans dive into the renowned party vibe of Montebello and get a glimpse of dozens of performances. Over the years, the festival has presented artists such as System of a Down, Blink-182, Rammstein, Linkin Park, Motley Crue, The Offspring, Deftones, Korn, Limp Bizkit, NOFX, Pennywise, Ice Cube, Snoop Dogg, Marilyn Manson, Rob Zombie and hundreds more.
“While respecting social distancing measures, festival-goers can invite their event buddies in their backyard, bring out the TV, the BBQ, tents and beer! This will be our way of celebrating together this year, while also supporting the festival so we can come back stronger in 2021.” -Alex Martel, founder
Tickets will go on sale this Thursday at noon at affordable prices : $34.99 + tax for the weekend pass or $19.99 + tax for a daily ticket. VIP packages and merchandise will also be available. In an effort to keep the experience exclusive, the number of tickets will be limited on a first come first serve basis.


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Kolkata based KSL Cleantech Ltd. has plans to launch new electric vehicles in the Indian market. The company plans to introduce as many as 10 electric vehicles, both two-wheelers and three-wheelers, within the next 12 months.
GoZero Mobility partnered with KSL Cleantech Ltd. for development and manufacture of electric bikes. GoZero Mobility says they will launch the "One" and "Mile" e-bikes in New Delhi at Rs 32,999 and Rs 29,999 respectively.
KSL Cleantech says they will also focus on small commercial and passenger vehicles. The company already offers electric three-wheelers in the Indian market and has a dealership network across the country.
The upcoming electric vehicles will be manufactured in India, and this will make for aggressive pricing. Local manufacturing will also help the vehicles qualify for incentives under the FAME-II scheme. The company also plans to invest over Rs 200 crore on the new vehicles.
Dhiraj Bhagchandka, Managing Director, KSL Cleantech Ltd., said, "The entire market for land transport will switch to electrification in the near future. The government wants to bring in EVs swiftly to tackle pollution, and this gives us an opportunity to address a market looking for quality and performance and show an EV can outperform."
"We have set an ambitious target of entering the EV space in a big way. We are considering and evaluating opportunities for setting up a manufacturing facility in India," he added.
The Indian Government has big plans for mass electrification of two and three wheelers. With the aim of reducing prices of the electric vehicles and boosting their sales, the Ministry of Road Transport and Highways has proposed removal of registration fees for all electric vehicles. More details will be available at the Union Budget that is scheduled for today, 5 July 2019.
In addition, the rather short timeline proposed by the government for mass electrification of vehicles under 150cc has seen resistance from two-wheeler manufacturers. Bajaj Auto and the TVS Motor Company have called the deadline of 2023 and 2025 for mass electrification of two and three wheelers as unrealistic and impractical.
Thoughts About KSL Cleantech Ltd. And GoZero Mobility Planing To Launch 10 Electric Vehicles
This is interesting. With the government wanting to make changes to the sub 150cc segment, companies like KSL Cleantech Ltd. and GoZero Mobility will definitely pop up. But launching 10 vehicle is audacious we think. There is no news of any infrastructure to support the electric vehicle that are in the market and definitely none to support 10 vehicles at once. We think the government needs to look in to this as soon as possible.


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A Minnesota law went into effect Friday legalizing edibles containing small amounts of THC, the component in cannabis that provides a high, apparently surprising some Republicans, at least one of whom said he voted for the provision unknowingly.
A surge in robberies at licensed cannabis shops — including a pistol-whipping, gunshots and killings in Washington state last month — is helping fuel a renewed push for federal banking reforms that would make the cash-dependent stores a less appealing target.
In recent months, Washington retail marijuana store owners, industry leaders and politicians have said armed robberies at pot shops have increased, endangering employees, and have emphasized that solutions are needed at both the statewide and federal levels.
A bill sponsored by state Sen. Karen Keiser, D-Des Moines, revives regulation by the Washington Liquor Cannabis Board of intoxicating products that can cause effects similar to marijuana but are derived from federally legal hemp plants. A pair of bills proposed by state regulators, and one backed by the Washington Cannabusiness Association, failed to reach the floor before a deadline last month.
A second-generation Seattleite, cannabis retailer and entrepreneur, Jim Buchanan is also president of the Washington State African American Cannabis Association and has spent months fighting for House Bill 2022, a bill that would make sweeping changes to Washington state's cannabis industry.
The rise in popularity - and strange legal position - of delta-8 THC derived from hemp prompted state regulators in Washington to attempt to rein in sales of products it wasn't clear they had authority to control. Now, with the backing of some industry players, the Liquor Cannabis Board is attempting to assert its position and initially prohibit such products until they can be studied. But at least one major industry group says that effort goes too far.


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Back in 2009 Stephen Kosloff used to do event photography for Gawker. And as he was trying to come up with funny captions for his photographs, an idea was born: he would do a fully photographed comic and publish it as a magazine!
The first issue of Hausfrau, now a bi-monthly print publication, launched out of his East Williamsburg apartment in July 2014. “It’s like a funny comic, but with large photos and horrific outfits instead of illustrations,” told us Stephen.
Hausfrau features serialized photo-comic, The Pharmacologists, which “details the travails of Dagger, who peddles pharmaceutical drugs on the hard, gritty streets of New York;” fine art and other journalism. And the good news is that the back issues are now digitally available on Hausfrau’s website for your enjoyment and pleasure, because as Hausfrau admits on their website: “distribution of the print issue happens on a fairly ad hoc basis.” “We hand out copies at subway stations, or people can subscribe,” adds Stephen.
Hausfrau, which literally means “housewife” in German, is arguably a funny choice for a name for a magazine. “We were going to be called Jazzercise, but we received a cease-and-desist letter from Jazzercise Inc of Carlsbad, CA. I liked Hausfrau because it’s kind of campy, like the magazine,” explained Stephen.
The East Williamsburg dream of the young satirical magazine has recently come to an end, and Stephen has relocated to Ridgewood.”It’s full of freaks and because of $$$$!!!” explained Stephen his reasons.
When asked about their future plans, Stephen smiled and added: “I’d like for it to blow up, and then start printing it exclusively in Mandarin.” Of course!
Hausfrau, check it out online; subscribe; or hope to be the lucky one who randomly finds the magazine distributed.


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Target Australia, Kmart Australia select Core Solutions to streamline global sourcing
Hong Kong Two of the largest retailers in Australia, Target Australia and Kmart Australia, have selected Core Solutions’s CBX PLM/Sourcing system to streamline global sourcing of private-label merchandise.
The group has purchased the complete CBX PLM/Sourcing suite and will leverage its capability to help shorten product-development cycles, reduce end-to-end lead times, increase visibility and improve supplier management and operational efficiency. The system is expected to be implemented and ready to ‘go live’ early next year.
CBX PLM/Sourcing will help Kmart, Target and Coles Group Asia convert traditionally manual sourcing processes based heavily around spreadsheets, e-mails and faxes to streamlined processes enabled by a Web-based, centrally managed collaboration, workflow and business-intelligence system.
“Despite the current economic conditions, Target and Kmart have pushed forward with CBX PLM/Sourcing, because they recognize the strategic importance to elevate the group’s global sourcing capability to the next level. Target and Kmart have shown an enormous amount of commitment from top to bottom to make this project a success,” said Michael Hung, CEO of Core Solutions.
Boscov’s to close 10 stores
BOSTON Boscov’s will be running store clothing sales at 10 locations on Aug. 16 as part of its restructuring plan.
The closings are being run by the Gordon Brothers Group and Hilco Merchant Resources.
Boscov’s filed for Chapter 11 bankruptcy protection earlier this month with the U.S. bankruptcy court in Delaware. It had $538 million of assets and $479 million of liabilities as of May 3, a court filing shows.
JCPenney breaks even, raises FY outlook
PLANO, Texas JCPenney broke even its second quarter, with earnings of 0 cents pe share compared with earnings of 52 cents per share last year. According to the company, second-quarter earnings were impacted by a pre-tax negative swing in non-cash qualified pension plan expense of $106 million, or 28 cents per share after-tax, compared to last year’s second quarter. Net income for this year’s second quarter was a loss of $1 million versus income of $117 million last year.
Total sales in the second quarter decreased 7.9% compared with last year, while comparable-store sales decreased 9.5%, the company reported. JCPenney said the strongest merchandise results were in shoes and women’s apparel, and geographically, the best performance was in the Southwest region of the country. The weakest results were in children’s apparel and in the Southeast region.
“JCPenney’s financial performance in the second quarter shows that our strategy to navigate the current, very difficult consumer climate is working and will continue to position us well over the near and longer term. Our stepped up style along with the quality and value that have become synonymous with the JCPenney brand allowed us to compete as one of the strongest anchors in the nation’s malls, where we are customers’ value destination,” said Myron Ullman, III, chairman and chief executive officer of JCPenney.
In view of its better-than-expected second quarter operating results and expectations for further gross margin improvement in the second half, management has raised its 2009 full year earnings guidance to a range of 75 cents to 90 cents per share. This guidance updates the previous range of 50 cents to 65 cents per share provided with the company’s first-quarter earnings release.
For the third quarter, JCPenney expects total sales to decrease 3% to 5%, comparable-store sales to decrease 5% to 7% and earnings per share to be in the range of a loss of 5 cents to earnings of 5cents per share.


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Cartel: K-Line Pleads Guilty in Australia
Kawasaki Kisen Kaisha (K-Line) has entered a guilty plea in the Australian Federal Court to criminal cartel conduct. The company is scheduled to be sentenced in November this year.
K-Line’s plea follows an investigation by the Australian Competition & Consumer Commission (ACCC) in relation to cartel conduct concerning the international shipping of cars, trucks and buses to Australia.
The charges against K-Line relate to shipping activity between 2009 and 2012, although the cartel operated from at least February 1997 and affected vehicles transported to Australia from locations in Asia, the U.S. and Europe on behalf of major car manufacturers including Nissan, Suzuki, Honda, Toyota and Mazda.
This is the second guilty plea in Australia in relation to the cartel with Nippon Yusen Kabushiki Kaisha (NYK) pleading guilty in July 2016. The company was convicted in August 2017 and fined A$25 million ($19.8 million).
In 2014, K-Line agreed to plead guilty and pay a $67.7 million criminal fine in the U.S. for its involvement in a conspiracy to fix prices, allocate customers and rig bids.
The ACCC’s investigation into other alleged cartel participants is continuing.


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DGAP-News: Rocket Internet SE / Key word(s): Final Results
Rocket Internet Portfolio Companies Show Continued Growth and Improvement in Profitability in 2015
- Continued strong average revenue growth across companies in focus sectors of 69.4% in 2015
- Six percentage points average improvement in adj. EBITDA margin across companies in focus sectors
- Gross cash position of EUR 1.8 billion
- Rocket Internet SE 2015 full year results in line with expectations
- Rocket Internet sold a 9.1% stake in Lazada to Alibaba for USD 137 million, valuing the company at USD 1.5 billion (c. 15x multiple for Rocket Internet)
Berlin, Germany, April 14, 2016 - The major portfolio companies of Rocket Internet SE's company network have again grown significantly in 2015 across the key sectors Food & Groceries, Fashion, General Merchandise and Home & Living. These companies experienced strong average revenue growth of 69.4% year over year and also an average improvement in adjusted EBITDA margin of six percentage points.
Particularly noteworthy in 2015 was personalized fresh food at home provider HelloFresh's 338.0% growth in net revenue. Similarly, Africa's leading general merchandise platform Jumia grew gross merchandise volume ("GMV") by 205.6% and net revenue by 117.8%, continuing to increase its share of marketplace transactions on its platform. Demonstrating great progress on the path to profitability are our Middle Eastern Fashion company Namshi and Home & Living company Westwing, with adjusted EBITDA margins of negative 2.1% and negative 6.4% respectively in Q4 2015.
Our companies continue to be attractive investments for third party capital, as demonstrated by the recent investments of Axa, Goldman Sachs and Orange into Africa Internet Group at the beginning of 2016. The total funding round including existing shareholders amounted to over EUR 300 million at a EUR 1.0 billion post-money valuation, representing a c. 50% valuation increase compared to the previous funding round. On April 12, 2016, Rocket Internet sold a 9.1% stake in its South-East Asian general merchandise marketplace Lazada to Alibaba for USD 137 million. In addition, Alibaba is investing USD 500 million into Lazada, at a valuation of USD 1.5 billion, making Alibaba the controlling shareholder. Rocket Internet's remaining fully diluted stake after the transaction and taking into account Alibaba's investment of new funds is 8.8%. The valuation represents an approximately 15x multiple of Rocket Internet's total invested capital of c. EUR 18 million.
Rocket Internet is optimistic about 2016. "We have already seen some good progress this year. For Rocket Internet, 2015 was the year in which the losses of our strategic (major) portfolio companies should have peaked, as we already announced in September 2015", said Rocket Internet CEO Oliver Samwer when presenting the 2015 results. Rocket Internet's goal is to make its companies profitable in the long-run. "To achieve this, growth is more important than profitability in the early years of a company. That is why Rocket Internet invested strongly in the growth of its companies in 2015". Oliver Samwer said Rocket Internet was sticking to its target that three of its major companies should be profitable by the end of 2017.
For the first time, Rocket Internet SE reported full year IFRS 2015 consolidated results. Rocket Internet does not fully consolidate many of its key companies but accounts for them under the equity method. Consolidated revenues remained stable at EUR 128.3 million in 2015 compared to 128.2 million in 2014, including fees from consulting services as well as revenues of fully consolidated subsidiaries. A much smaller result from deconsolidation of subsidiaries and a share of loss of associates and joint ventures were the primary contributors to a net loss in 2015 of EUR 197.8 million compared to a net income of EUR 428.8 million in 2014. The company continues to have a strong consolidated cash balance of EUR 1.8 billion at the end of 2015.
Companies, in which Rocket Internet SE is or will be invested, will generally, and subject to conditions, have access to co-investment capital by the Rocket Internet Capital Partners fund, which has aggregate commitments of USD 742 million.
T: +49 30 300 13 18 68
About Rocket Internet


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One of the country’s top banks and several technology organizations see a bright future in the Philippines for the emerging blockchain technology.
In fact, Union Bank of the Philippines (Unionbank) is leading the country’s pioneer Blockchain Association of the Philippines (BAP).
The BAP is considered the first association in the country leveraging blockchain, the “engine” which runs cryptocurrency, or digital money.
Unionbank Chairman Justo A. Ortiz, the pioneer chairman of BAP, led the soft-launch of the group at Manila House in Bonifacio Global City, Taguig City. The bank has been one of the first proponents of blockchain in the country.
With the new group’s formation, it emphasizes the new global technology’s importance in local business.
Its organizers, which include some of the country’s top industry leaders and organizations, is primarily geared towards providing entrepreneurs, corporate executives, and fintech (financial technology) professionals the information and guidance needed to implement this new technology effectively in their respective businesses.
Geiser Maclang Network organized the press conference as the pre-event launch for the “Blockchain: Applications and Economics Forum 2018” on May 28-30at SMX Convention Center, SM Aura Premier, Bonifacio Global City.
It can be recalled that a still mysterious Japanese IT expert (some say a group of persons), who was given the name “Satoshi Nakamoto” developed blockchain and cryptocurrency as he introduced the first digital money called Bitcoin.
He designed blockchain to be open-source and put it on the Internet for free for all the world to use it and further its development. In the digital world, blockchain is at times dubbed as the “second Internet.”
Blockchain’s design is decentralized (no central authority) and is variously defined as a digital ledger in which transactions through Bitcoin or any other digital money are recorded based on their dates and are made public (in a blockchain network.)
Some of the technology’s many uses cover secure recording of land titles, provenance (to prove that you own something), national ID, medical and health certificates, driver’s license, banking transactions, etc.
It is no surprise then, that, Unionbank is one of the first in the banking and financial industry to leverage blockchain. To further utilize the technology for financial inclusion, Ortiz also announced at the media briefing the launch of the bank’s Project i2i, with some of the country’s rural banks as members.
The Unionbank chairman said the inclusive project offers a real-time, cost-effective, and secure retail payment system on the blockchain. He said that in its “simplest sense, Project i2i is a blockchain-based transaction and payment system that aims to connect rural banks into the country’s main financial network.”
Ortiz considered the project the country’s first blockchain platform for inclusion.
The BAP chairman noted the financial inclusion has not really cascaded to the entire population.
“While the Philippine economy is growing at a rapid rate, data suggests that it is not felt by the majority of Filipinos, particularly the unbanked. Unionbank thinks Project i2i can serve as a catalyst to inclusive prosperity for 35 million (people) unbanked in the country,” he said.
Read Also: Mobile App for Doctors: Docquity
Technology leaders at the event included Ramon Vicente de Vera, head of Fintech Business Group at Unionbank; Mario Jordan Fetalino III, founder, and CEO of Acudeen Technologies Pte. Ltd.; Vincent Choy, founder and director of Blockchain Asia Forum (BAF) based in Singapore; Silicon Valley tech expert Christian Blanquera, founder of Jobayan and other fintech companies; and Colin Goltra, head, Cryptocurrencies head at Coins.ph.
Mary Rose Magsaysay, chairperson of the Philippine Association for Digital Commerce and Decentralized Industries (PADCDI).
“We believe that to bridge, to cross-pollinate, and to find the sweet spot is our strength. Likewise, technology has become a game-changer as well as a great equalizer,” she said.
Magsaysay introduced PADCDI at the event, saying it is still at its infancy stage, but counts on the “best of the Philippine technology community.”
Ortiz and each one of the IT experts shared insights on the future of blockchain, underscoring the importance of getting on board the blockchain bandwagon or be left behind eating digital dust.
The BAP chairman described blockchain as “game-changer” and that it is vital to use it while noting there is a lot of foundation work still to be done to fully realize its potentials.
Adoption, he said, is the key to blockchain benefiting the Filipino nation, as he cited the big role the government plays in realizing this potential.


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Battle of the Brands Round 2: Nordstrom v. Fairmont Olympic Hotel
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Welcome to Round 2 of Puget Sound Business Journal's Battle of the Brands. Voting closes 3 p.m. Aug. 11, 2011 at 3 p.m. Pacific Time.
Pick which company — retailer Nordstrom or Fairmont Olympic Hotel — is the Most Respected Brand in Washington.
Scroll down to vote.
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Trainline sets out a plan to cushion blow from virus
The one hole in the business model of what had been one of the more successful digital tech floats of recent years was what might happen if everybody stopped using the train. Trainline, a business which earns commission from selling tickets for train operators on its mobile app and running apps for some of those rail companies, yesterday said that it was cutting almost all of its spending.
The rail industry is running a skeleton service after a 90 per cent collapse in usage since travel was restricted to halt the spread of the coronavirus. The train companies have been effectively nationalised for the next six months and put on management contracts with the Department for Transport.
Trainline said: “The group’s mitigating actions include


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There’s always pent up demand for fresh properties and experiences on new platforms, but after playing Tomb Raider: Definitive Edition, we think that we can just about cope with a year of PlayStation 4 ports. Crystal Dynamics’ sublime survival reboot really does look the part on Sony’s next-gen machine, with the framerate and resolution bumps in particular making it one of the most stunning games that we’ve ever played – and that's despite it originally being intended for previous generation systems.
One title that we reckon would particularly benefit from the bump provided by new hardware is The Last of Us, which already looked exceptional on the PlayStation 3, but would practically dazzle on Sony’s new device. And it’s something that could happen according to creative director Neil Druckmann – you just need to make enough noise. “We have such limited resources, and it's a question of where you put the resources,” he told Eurogamer.net. "It's something where we can have a feel of where the demand is, and where our time is best spent.”
The developer added that it’ll “figure” something out as it moves forwards. Personally, we reckon that the studio would be best outsourcing this project to a trusted third-party such as Bluepoint Games, which is probably what will end up happening. It seems like you’re going to have to shout about first, though, and there’s no better place to do so than in the comments section. So, would you play last year’s survival horror opus again on your brand new burly black box? Call out like a clicker in the space below.


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McDonald's has been selling burgers with fresh (not frozen) quarter pounder-sized patties across the U.S. for a few months in a push to appeal to more discerning diners. Still, its burgers made with patties of other sizes, including the Big Mac, continue to be made with flash-frozen patties.
The freezer-burn tactic is one Wendy's has used before, including in numerous social media posts and memorably in its 2018 Super Bowl commercial, and the chain says the in-your-face approach is paying off. "The impact of the Super Bowl stuff was terrific for us," says Kurt Kane, Wendy's chief concept and marketing officer. The Big Game spot tested well for memorability and purchase intent and scored well in areas including quality perception and likeability, Kane says. Those kinds of stats gave the chain confidence to continue doing its fresh-not-frozen affront.
Wendy's, which is in its second year as the official hamburger of the NCAA, also ran a 15-second ad with a dig at McDonald's during Labor Day weekend's games. "We've gotten nothing but positive feedback," Kane says of the ads that push directly on McDonald's since it's the largest chain using frozen beef.


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In response to the company reporting better-than-expected quarterly results, shares of Neurocrine Biosciences (NASDAQ:NBIX), a commercial stage biotech focused on neurological and endocrine disorders, rose 17% as of 11:45 a.m. EDT Thursday.
Here's a review of the key takeaways from the company's third quarter:
- Total revenue was $60.8 million. That flew past the $25.2 million in revenue that Wall Street had projected.
- Sales of Ingrezza -- the company's recently launched treatment for tardive dyskinesia (TD) -- were $45.8 million.
- The company pulled in a $15 million milestone payment from Mitsubishi Tanabe in response to the kickoff of a phase 2b study in Asia.
- The FDA approved the company's follow-on submission for an 80 mg capsule of Ingrezza on October 4.
- Neurocrine's partner AbbVie (NYSE:ABBV) announced that Elagolix was granted priority review by the FDA as a hopeful treatment for endometriosis. A go/no-go decision is expected in the second quarter of 2018.
- Net loss was $11.1 million, or $0.13 per share. That was much better than the $0.49 loss that analysts were expecting.
- Cash balance at quarter end was $773 million.
Commenting on the quarter, CEO Kevin Gorman stated:
We are very pleased with the positive impact Ingrezza is having on patients suffering from tardive dyskinesia and the strength of our initial product launch. Prescriber use of Ingrezza for treating tardive dyskinesia is continuing to rapidly expand across both psychiatrists and neurologists as disease state and brand awareness broadens.
In total, just about everything is going well for the company. Given the expectation-smashing results, it is easy to understand why shares are soaring.
Ingrezza's blowout results are especially encouraging since Teva Pharmaceutical (NYSE:TEVA) just received a label expansion claim for its drug Austedo to treat tardive dyskinesia on August 31. This suggests that the competition isn't slowing down the Ingrezza launch at all.
When asked about the competition on the company's call with investors, CEO Gorman stated the company's focus remains on educating the marketplace about TD and how Ingrezza can help. This strategy has worked well thus far, but management did say that it will continue to monitor the competitive landscape closely.
In total, Neurocrine is off to a great start with the Ingrezza launch, offers investors upside potential if Elagolix wins approval, and has a balance sheet that is packed with cash. These factors make this Fool believe that Neucroine's bullish move will continue for the foreseeable future.


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A few months back, Xiaomi announced the Redmi K30 Ultra smartphone in its home country. The device was to mark the 10th anniversary of the Chinese smartphone maker.
Meanwhile, not long ago, the 8GB RAM and 256GB storage version of the Redmi K30 Ultra launched and hit the shelves. It carried a price tag of 2,499 Yuan (~$374).
Now, it seems the firm has seen the need to manufacture a standard and lower variant of the Redmi K30 Ultra.
Surprisingly, Redmi has taken the cover off what might be the base variant of the Redmi K30 Ultra. The all-new K30 series device features 6GB of RAM and 128GB of onboard storage.
The standard model of the Redmi K30 Ultra comes with a Samsung-made 6.67-inch AMOLED panel. The screen supports lots of features such as HDR10+ and a 120Hz refresh rate.
Further, the display produces an HD+ resolution of 2400 x 1080 pixels, and it offers the user with a 92.7% screen space.
On the inside, the MediaTek-driven Dimensity 1000+ 5G processer drives the latest variant of the Redmi K30 Ultra. The chip, which is built using the 7nm process, features the latest high-end ARM Cortex-A77 cores and Mali-G77 cores.
Thanks to the chipset, the handset has support for SA / NSA dual-mode 5G and dual 5G standby.
For the optics, the latest Redmi K30 Ultra packs a quad-camera system on its rear panel. The setup includes a 64-megapixel primary sensor, an ultra-wide angle 13-megapixel camera, a 5-megapixel tele-macro lens, and a 2-megapixel depth camera.
On the front side, the Redmi K30 Ultra has a 20-megapixel snapper that allows user to take selfies and make video calls.
The smartphone comes pre-installed with the firm’s MIUI 12 skin based on Android 10 OS, and it houses a 4,500mAh battery that supports 33W of fast charging.
Presently, the 6GB RAM variant of the Redmi K30 Ultra is available on a Chinses online platform, JD.com, and it retails for 1,999 Yuan (~$309).


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Price volatility in the copper market is forcing electrical and plumbing contractors to rethink their bidding procedures for construction projects. “I think contractors are just feeling the pressure. Prices are at an all-time high,” says John Mothersole, senior economist for Global Insight in Washington D.C.
Average copper prices are at about $2.25 to $2.30 per lb. Mothersole says that compares to an average price for all of 2005 of $1.68 per lb. In 2004, the average price was $1.29 and in 2003 it was as low as 81¢ per lb, he adds.
The Bureau of Labor Statistics producer price index for copper water tubing in January showed a 40% annual increase. ENR’s 20-city average price for copper water tubing is up 35%.
“We’ve had a huge influx of speculative interest,” Mothersole says. This has led to some physical tightness in the market, but so far no extreme delays in delivery times. “I know backlogs are stretched out for various copper products,” he says.
The biggest impact on contractors is the volatility in the price of copper products, says Mark Shortino, vice president of Radec Corp., an industrial and commercial electrical contractor in Rochester, N.Y. “Our vendors are quoting prices that are good for only a matter of hours,” he adds. “It is very difficult to forecast where your costs are going to go. It makes it extremely difficult for us and our customers to budget the costs of the project,” says Shortino.
Shortino has found it hard to put escalator clauses in contracts, which call for an increase in price in the event of an increase in a certain cost. “The customers are still looking for everything to be very competitively bid,” Shortino says. “If they see any kind of a bump in the cost of construction, it could cause the whole project to be at risk.”
Radec purchased a larger amount than usual of copper products to hedge against price hikes. “But the run-up has been going on for a long enough period those advantages have disappeared,” Shortino says. As a result, the company has been pushing aluminum conductors instead of copper. Shortino says a lot of his customers are willing to use aluminum conductors now because the cost savings are becoming significant.
Not everyone wants to use alternative products. “I’m a firm believer in copper,” says Jim Steinle, president of Atomic Plumbing & Drain Cleaning Inc., Virginia Beach, Va. He tries to pass the cost along to customers but that can be difficult for larger build-out projects with general contractors usually wanting to hold the price for at least 90 days.
Mothersole also expects that copper prices might rise in the near term. But he expects prices to fall slowly back over the course of the year. He cites weak consumption growth globally, which he says is a function of the higher copper prices. “Inventories are very low and the market is tight. There really is a physical scarcity of material and that, by itself, has helped to restrain consumption,” he says.
This is providing an incentive on the supply-side of the copper industry to increase production. “Our expectation is that markets will be moving to a balance over the course of the next four to six quarters,” Mothersole says. He predicts that the average price of copper will be below $2 per lb for all of 2006.
(Photo by Michael Goodman for ENR)


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Minister of Communications Faith Muthambi has instructed the SABC Board to quantify the financial impact that a ban on alcohol advertising would have on the public broadcaster’s revenue.
In 2013, Cabinet approved that a draft bill banning alcohol advertising be gazetted for public comment.
The Minister said AdEx, which monitors ad spend, calculates that nearly R400 million is spent on alcohol-related corporate social investment, sponsorships, competitions and promotions.
Minister Muthambi said if the total ban of alcohol advertising is legislated, this would be one of the biggest risks to the SABC’s revenue.
“It’s a significant part of the SABC advertising revenue, so such a ban would see the SABC lose about 8.5% of its advertising income.
“The ban will also have implications for all media or the entire portfolio of the department. Research indicates that of the R17 billion spent on advertising in 2012, about 10% could probably be directly attributed to alcohol advertising in the mass media…” she said.


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When Microsoft first released Windows 8, its licensing fees were rather high. That, along with the limited options for x86 tablet processors, caused Windows 8 slates to be rare and expensive.
Now, though, Microsoft has lowered the licensing rates, prompting more vendors to develop Windows 8 slates and prepare for launch during the second half of 2013.
This, Digitimes reports, will help Wintel slates, or Windows on AMD tablets if any come out, to sell better than last year.
Sure, they won't really hold a candle to Android slates or Apple iPad in terms of shipments, but they will still reach 10-20 million for the whole of 2013.
That would make them account for 5-8% of the total, globally.
The so-called peak season will be in Q3, which stretches from July to September.


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Softbank Wants Some Spectrum
Looks like Japan is now having some spectrum allocation problems of their own. Softbank, Japan’s largest ISP, is complaining publicly that they want to launch a 3G mobile phone service, but can’t because the government has handed out all the available 800Mhz licenses to NTT DoCoMo and KDDI, leaving nothing left for Softbank until at least 2012. Of course, earlier announcements from Softbank suggested they were looking at a different segment of spectrum, so it’s unclear why there’s a sudden focus on the 800 Mhz band. Also, the article isn’t entirely clear about the allocation process, including when/how DoCoMo and KDDI got their slice of spectrum. Assuming they went through an open and fair process (and no one seems to be suggesting otherwise), it would seem that Softbank has little to complain about.
Filed Under: spectrum