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The usefulness of Android in your car, on your TV and smartwatch will be decided by app availability, and Google is hoping to make it easier to create them with its new development environment, Android Studio.
Google has, with the introductions of Android Wear, TV and Auto, expanded its operating system to new product categories. All three pieces of software are for highly competitive areas where consumers have a lot of choice, and killer apps are needed to differentiate from the competition and convince people that they actually need a smartwatch or a TV with Android.
Apps that work across all three platforms will be easier to build using Android Studio, the IDE (integrated development environment) that was finally introduced Monday. When developers install version 1.0 of the IntelliJ-based Java tool they are greeted with a panel showing a smartphone, tablet, smartwatch, car, TV and a pair of glasses, highlighting Google's hopes.
"I think that tooling is really important in making it easy for us as developers to target these new form factors and platforms, and Android Studio helps a lot here," said Marius Mårnes Mathiesen, head of Android development at Norwegian consultant Shortcut, via email.
Whether developers will actually target these product markets is a different story. More cars and TVs running Android are needed for those two to attract developers, according to Mathiesen.
Android Wear makes more sense since there are a growing number products, even though many of them haven't been well received. Also, developers get some functionality free, because of the way the development environment works, Mathiesen said. When an Android smartphone or tablet and smartwatch are connected, the handhelds automatically share notifications with the wearable.
Google is also hoping to convince developers to add wearable-specific functionality to the notifications. When developing this with Android Studio, developers can see how the notifications look on round smartwatches like the G Watch R from LG Electronics and Motorola's Moto 360 and square models, including Sony's Smartwatch 3.
Opening the door for multiscreen apps isn't the only goal for Android Studio.. There are also useful features for developers that only develop apps for smartphones. The IDE takes advantage of the editing capabilities of IntelliJ, such as code completion and code analysis. The support for refactoring -- which is used to improve the design of existing code -- works amazingly well, according to Mathiesen.
Other features include a memory monitor for improving performance and integration with Goggle's cloud services. The IDE can be downloaded from Google's developer website, and can run on Windows, Mac and Linux desktops.
The launch is an important milestone, but is by no means the end of the road for Studio. It will continue to receive updates on four different release channels: Stable, Beta, Dev, and Canary. Canary builds are at the bleeding edge of development and the least mature, while the stable releases are fully tested, according to Google. The classification lets developers choose how quickly they want to add the latest features to their development environment, the company said.
Google is working on a navigation editor that will be used to create and view the structure and layout of Android applications. The tool can be used by developers who want to rapidly prototype apps, and by designers who want to see their designs work on real devices without writing any code, according to Google.
"It's in really early stages and not really usable for any real work, but it could be a really useful addition to the Android toolset," Mathiesen said.
Now that Android Studio has hit 1.0, the Android tools team needs to start working on a decent emulator. The version Google now offers is embarrassing and has put a lot of people off from doing Android development, according to Mathiesen.
"I realize this is a difficult problem to solve, but now that we have seen what [Google was] able to do with Android Studio, I expect this problem to be solved too," he said.
Send news tips and comments to email@example.com


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These are some of the questions corporate sustainability pros, brand disruptors, scientists, academics and consumer experts addressed at the first-ever Raise the Green Bar summit held in New York City on November 8, 2017.
The daylong event was hosted by MADE SAFE and the Good Housekeeping Institute, an iconic product-testing facility and consumer advocate. Featuring presentations, panels and fireside chats, it took place at the Hearst Tower, a LEED Platinum-certified office building and home to Good Housekeeping. Participants included marketers, brand managers, entrepreneurs and business leaders interested in maximizing their sustainability efforts and profits while better engaging consumers.
Some Key Takeaways:
- Consumer demand for greener, healthier and safer products is only going to intensify. Companies, brands and retailers that are ignoring what consumers want and need are already losing market share.
- Organizations that set their companies up to authentically ride the green wave are most likely to succeed in today’s more demanding business environment..
- Using clear metrics established by independent third parties can help companies convey their commitment to a higher standard than the government mandates and enables them to demonstrate that they are positioned to be a company for future generations.
Download the 2017 Raise the Green Bar Summit Findings Report , released in partnership with the Good Housekeeping Institute.

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IKEA Dubai is set to prove that time really is money by implementing a campaign that allows customers to use their time as money by just revealing their Google Maps timeline to IKEA checkout employees. The more a customer travels to get to an IKEA store, the bigger the payoff when checking out.
The new initiative, dubbed “Buy With Your Time” at IKEA Dubai, is based on the fact that customers typically spend an excessive amount of time travelling to stores, which are typically located on the outskirts of towns. As a result, clients can now purchase things using all of the time they’ve spent travelling there over the years (in addition to the regular dirhams). As a result, prices in its Dubai stores have been modified to reflect the average Dubai salary.
The partnership with Google Maps allows Dubai residents to use their time like cash in IKEA. In exchange, users must download Google Maps and allow it to track their movements wherever they go. The goal is to further normalise the concept of Big Tech invading our privacy, just so long as we get ‘free goodies’ in return.
IKEA is attempting to persuade visitors to spend even more time at the store. Long-term, the result will be to persuade us to give up more time than we would otherwise. According to John Sutter, we’ll be ‘paid for the time we’ve lost by losing even more’.
IKEA’s most recent innovation has the potential to be huge. It may encourage additional businesses to follow its lead by allowing us to pay for things over time. And, eventually, this may lead us to spend as much time as possible thinking about the world’s brands and corporations. IKEA is one of the world’s most successful enterprises, with a significant impact on our lives, but only time will tell how successful their latest move is.


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By Gregory Crawford--- COO of Kiyokawa Crawford Sports Management--- on twitter @crawssportsbiz @kcsportsmgmt @wchoops
Adidas North American president Richard King recently stated publicly, his company wants to sign close to 250 athletes as endorsers from Major League Baseball and the National Football League in the next 3 years. Presently Adidas last less than 40 athletes in these two sports signed as endorsers.
It will be fun to watch, as for sure these athletes will either have to leave other companies or be up and comers, not super stars in the present.
more of Gregory's blogs---- http://crawfordsgolfdaily.blogspot.com (sports biz and golf)


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Don’t anticipate 30% stock returns on a yearly basis. That’s where dividends enter into play.
2019 ended up being good to investors. U.S. stocks had been up 29% (as calculated because of the S&P 500 index), making the marketplace’s negative return in 2018 — the initial calendar-year negative return in 10 years — a remote memory and overcoming worries over slow international financial development hastened by the U.S.-China trade war.
While about two out of each and every 36 months are good when it comes to stock exchange, massive comes back with nary a hiccup as you go along are not the norm. Purchasing shares is actually a roller-coaster r >(NASDAQ:CMCSA) , Hasbro (NASDAQ:HAS) , and Seagate tech (NASDAQ:STX) .
Bridging the canyon between cable and streaming
A great deal happens to be stated in regards to the troublesome force this is the television streaming industry. Scores of households around the world are parting ways with costly satellite tv plans and deciding on internet-based activity alternatively. Many legacy cable organizations have actually thought the pinch because of this.
maybe Not resistant from the trend happens to be Comcast, but cable cutting is just area of the tale. While satellite tv has weighed on outcomes — the company reported it destroyed a web 732,000 members in 2019 — consumers going the way in which of streaming still want high-speed internet making it take place. And that is where Comcast’s outcomes have actually shined, as web high-speed internet additions have significantly more than offset losses in its older lines of company. Web domestic additions had been 1.32 million and web company adds were 89,000 just last year, correspondingly.
Plus, it isn’t just as if Comcast will probably get left out into the porn redtube television market totally. Its launching a unique television streaming solution, Peacock, in springtime 2020; while an earlier appearance does not appear Peacock is going to make huge waves on the web television industry, its addition of real time activities just like the 2020 Summer Olympics and live news means it’ll be in a position to carve away a niche for it self when you look at the fast-growing electronic activity room.
Comcast is definitely an oft-overlooked news business, nonetheless it must not be. Income keeps growing at an excellent single-digit speed for a company of its size (whenever excluding the Sky broadcasting purchase in 2018), and free income (revenue less fundamental operating and money costs) are up almost 50% during the last 36 months. Predicated on trailing 12-month free income, the stock trades for a mere 15.3 several, and a recently available 10% dividend hike sets the existing yield at a good 2.1%. Comcast thus looks like a great value play for me.
Image supply: Getty Pictures.
Playtime for the century that is 21st
Just how young ones play is changing. The electronic world we currently are now living in means television and video gaming are a bigger element of kids’ life than previously. Entertainment can also be undergoing quick modification, with franchises looking to capture customer attention across numerous mediums — through the display screen to product to reside in-person experiences.
Enter Hasbro, a prominent doll manufacturer in charge of a number of >(NASDAQ:NFLX) series considering Magic: The Gathering, as well as its newest $3.8 billion takeover of Peppa Pig creator Entertainment One.
Image source: Hasbro.
That latter move is significant because it yields Hasbro a k >(NYSE:DIS) has having its fans. In reality, Hasbro’s toy-making partnership with Disney aided its “partner brands” portion surge 40% higher through the 4th quarter of 2019. It really is apparent that mega-franchises that period the big screen to toys are a strong company, and Hasbro will be over happy to fully capture also a small amount of that Disney secret.
As you go along, Hasbro has additionally been upgrading its selling model when it comes to chronilogical age of ecommerce. Who has produced some variability in quarterly profits outcomes. Nonetheless, regardless of its change on numerous fronts, the stock trades for just 18.1 times trailing 12-month free cashflow, as well as the business will pay a dividend of 2.7percent a year. I am a customer associated with the evolving yet still extremely lucrative doll manufacturer at those rates.
Riding the memory chip rebound
As is the truth with production as a whole, semiconductors really are a cyclical business. Which has been on display the very last 12 months within the electronic memory chip industry. A time period of surging need rather than quite sufficient supply — hastened by information center construction and brand brand new customer technology items like autos with driver help features, smartphones, and wearables — ended up being accompanied by a slump in 2019. Rates on memory potato potato potato chips dropped, and lots of manufacturers got burned.
It is a period that repeats every couple of years, but one company that’s been in a position to ride out of the ebbs and flows and continue maintaining healthier profits throughout happens to be Seagate tech. Through the 2nd quarter of the 2020 financial 12 months (three months finished Jan. 3, 2020), revenues stabilized and had been down 7% after dropping by dual digits for some quarters in a line. Its perspective can be enhancing, with management forecasting a return to development for the total amount of 2020 — including a 17% year-over-year product product product sales upsurge in Q3.
It is often the most useful timing to get cyclical stocks like Seagate as they are down when you look at the dumps, additionally the 54% rally in twelve months 2019 is proof of that. While perfect timing ‘s almost impossible, there however could possibly be plenty more left within the tank if sales continue to edge higher as new interest in the business’s hard disk drives for information centers, PCs, and laptop computers rebounds. Plus, even with the top gain in share cost just last year, Seagate’s dividend presently yields 4.4percent per year — a considerable payout that is effortlessly included in the company’s free cashflow generation.
Quite simply, using the cyclical semiconductor industry showing signs and symptoms of good need coming online into the approaching year, Seagate Technology is certainly one of the best dividend shares to begin 2020.


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U.S. gaming revenue tops record $16 billion
U.S. commercial gaming revenue reached a quarterly record of $16.60 billion in Q1 2023, marking the industry’s eighth straight record-breaking quarter, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. The quarter was highlighted by the industry’s highest-grossing month ever of $5.90 billion in March.
“After two full years of successive growth post-COVID, the U.S. gaming industry has never been stronger,” said AGA President and CEO Bill Miller. “With record growth across every gaming vertical—from brick-and-mortar casinos to mobile gaming American adults continue to choose gaming as one of their top entertainment options.”
Legal Sports Betting: Nationwide, Americans wagered a record $31.11 billion on sports in Q1 2023, generating an all-time high of $2.79 billion in quarterly revenue (+70.1% year-over-year). The growth compared to Q1 2022 was largely driven by new market launches in Kansas, Massachusetts and Ohio.
iGaming grossed $1.48 billion in Q1 2023, marking a 22.7 percent year-over-year revenue increase.
“As one of the biggest taxpayers in states across the country, we know that when gaming is successful, so are our communities,” added Miller. “Beyond our significant tax contributions, our industry is engrained in local communities, bolstering economic development through job creation, supporting local charities and nonprofits, and setting the standard on corporate responsibility.”


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The latest Winter collection, The Tale of Two Bucks in Wednesday Wood, from the creators of Two Bucks ‘Til Wednesday went on sale recently in Mount Lawley, Perth, with organisers showcasing vintage clothing and accessories whilst raising funds for the Australian Cancer Research Foundation (ACRF).
The sale attracted hundreds of shoppers, with co-creators Sophia Brown, Alicia Clements, Anna Brown and Hannah McGrath raising much appreciated funds for cancer research from the event.
Bargain shoppers dashed through stormy weather for the fashion sale, picking up vintage clothing, accessories and jewellery from the 1920’s to 1980’s in the latest trend to sweep fashion lovers in Perth.
Also on sale were special edition sweet treat, Cakiepops, in strawberry and marshmallow flavours, sold on the day to increase funding for cancer research.
With all profits going to ACRF, the organisers work tirelessly each season to string together a unique collection of bargain-priced vintage clothing purchased from local op shops, and then preview the items to the public with a beautifully-themed photo shoot.
Since its inception in 2007, the girls have been dedicated to the event – translating their love of vintage fashion into a fundraiser in honour of loved ones lost to cancer.
“Our enterprise started when someone donated a ‘deceased estate’ to us and we got bags and bags of really great hand-made clothes, particularly dresses, from the 1920s right through to the 1980s,” youth pastor and co-creator Sophia Brown said.
“I really would like to inspire other people to hold vintage clothes sales for the ACRF all over Australia because it is a lot of fun and a great way to raise money.”
Over the past few years the event has grown from a simple fashion sale among a group of family and friends, to an anticipated seasonal event that has fundraised close to $22,000 for cancer research.
ACRF wishes to thank these hip, funky and all-inspiring girls from Two Bucks ‘Till Wednesday for their continued support.
Read all about Two Bucks ‘Til Wednesday’s other fundraising events.
To find out more about these vintage fashionistas visit the Two Bucks ‘Til Wednesday Facebook and Twitter pages.
All photos courtesy of the amazing Cameron Etchells.


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Victoria and the ACT have declared a state of emergency over Coronavirus.
The state of emergency powers, under the Health and Wellbeing Act, have never been used before but will allow authorities to enforce a 14-day isolation period for travellers coming into Australia.
The 14-day isolation period for international travellers was announced by Prime Minister Scott Morrison on Sunday.
Victoria's state of emergency will last for four weeks initially, but Premier Daniel Andrews said it is likely to be extended beyond that period.
Shortly after Victoria's announcement, it was reported that ACT Chief Minister Andrew Barr would also declare a state of emergency.
In the Northern Territory, the Northern Land Council (NLC) has suspended all non-essential permits and will not issue any new non-essential travel permits in a bid to protect remote communities from COVID-19.
NLC CEO Marion Scrymgour said all non-essential travel to remote communites should be avoided but the ban will not affect essential services for community-members.
"“The NLC has received many calls from community members asking that we do all we can to ensure the safety and protection of Aboriginal people in their communities who are very concerned about the spread of COVID-19," she said.
“To be clear, this decision will not affect the permits issued to those people - the doctors, nurses, teachers, police officers, council workers and others – that provide essential services for Aboriginal people out bush."
Dedicated shopping hour
Woolworths supermarkets around the country are also making provisions for some of the most vulnerable people in the community - the elderly and people with disabilities - who will be able to access a dedicated shopping hour before normal store hours.
The decision comes after panic buying due to COVID-19 has stripped the shelves at many grocery stores.
Concession cardholders will have exclusive access to Woolworths from Tuesday between 7-8am before other shoppers can enter the store at 8am.
Woolworths managing director Claire Peters said the dedicated shopping hour aims to support the needs of the elderly and people with disabilities who have been missing out on essential items as a result of panic-buying.
“While we’ll continue to do our very best to restock our stores during this period of unprecedented demand, we know many of our elderly customers have been missing out on essential items when they shop,” she said.
"This temporary measure will give them, and those with a disability, the opportunity to shop before our stores officially open, helping them obtain the essential items they need most in a less crowded environment.”
“We continue to encourage all Australians to be mindful of those in our communities who might need extra help at this time.”
The Federal Government has also banned non-essential gatherings of more than 500 people. The Prime Minister also announced a ban on cruise ships arriving in Australia, and any travellers arriving by plane will have to self-quarantine for 14 days.
Schools, universities, workplaces and public transport are among the kinds of 'gatherings' exempt from these bans.
But across the country a number of major events have been cancelled or closed to spectators over fear of spreading Coronavirus.
Cancelled events include Sydney's Vivid Festival and Royal Easter Show, Melbourne's International Comedy Festival, and Fashion Festival and Tasmania's Dark Mofo Festival.
Download Festival in Sydney and Melbourne have also been cancelled along with St Patrick's Day festivities in Adelaide, Perth, Sydney and Brisbane.
NRL games will go ahead but without spectators, the AFL and ALFW is on hold and so is the Super Rugby.
There are still questions over whether ANZAC Day services and marches will still go ahead.
Schools are remaining open but some parents, teachers and students are calling for their closure, with some parents keeping children home from school.
Schools are implementing 'social distancing' measures such as cancelling excursions and assemblies to limit large-scale interactions.
While at the Crown Casino in Melbourne, social distancing measures are also being implemented, with every second pokie machine and gaming table being 'deactivated', which Crown said will distance players to stop the spread of the virus at the venue.
The death toll from COVID-19 jumped to five over the weekend in Australia, with the death of two elderly women in Sydney.
Australia has recorded almost 300 cases of the virus so far, with NSW - the hardest-hit state - recording 134 cases.
Coronavirus symptoms can range from mild illness to pneumonia, according to the Federal Government's website, and can include a fever, coughing, sore throat, fatigue and shortness of breath.
People who believe they may have contracted the virus are advised to call their doctor before visiting or contact the national Coronavirus Health Information Hotline on 1800 020 080.


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For the last 3 years, there has been a regular barrage of news on the recession, news of jobs improvements, news of non-farm payrolls rising and falling and generally a whole lot of people and politicians on TV saying a whole lot about the state of the economy.
One term almost everyone seems to agree upon is that the U.S. is in a Recession.
I somewhat disagree. While recession may be an accurate economic classification, perhaps what the U.S. economy is going through today can be more accurately classified as “Economic Re-Arrangement”. I believe what we are seeing today is actually the end-game of this “Economic Re-Arrangement” that actually started when manufacturing jobs started leaving U.S. shores.
Here are some facts:
- In the mid sixties, manufacturing accounted for 53 percent of the U.S. Economy
- In 1988, manufacturing accounted for about 39 percent
- In 2004, it accounted for 9 percent
With all the free trade agreements that the U.S. has signed, the country enjoyed 3 decades of rising purchasing power where people in the U.S. could buy more for every dollar because the products people purchased were made at cheaper manufacturing locations. People could shop everyday at Wal-Mart, Target and wherever else they chose for very low priced products.
But there does come a time when the service sector just cannot absorb a workforce that was previously employed in the manufacturing sector. And that’s when this “Economic Re-Arrangement” happens.
I think that the decade beginning 2010 is going be one with high unemployment, low paying service sector jobs for most and a general drop in benefits for the poor and the aged.
This process is not entirely bad. Britain saw a huge industrial decline after World War II. The British economy has also been pretty sluggish for most of 2000 – 2010 but from a high unemployment rate of 11.3% in 1986 the unemployment rate today is at: 7.6% in March 2011. But overall people in Britain do still enjoy a developed country’s lifestyle.
I think this process of stabilization will happen in the next few years and people will re-adjust to a new way of living and spending.


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The country is gearing up for the implementation of the Goods and Services Tax from July, but the nuances of the GST law are yet to be set in stone. The law department has been looking at the provisions of the GST, and states have been mulling over it as well, increasing delays.
However, a senior member of the finance ministry in Delhi said today that the model law could be finalised by the end of this month.Currently, the law ministry is in the process of vetting the model GST and the SGST, after which the final decision will be taken by the GST council on February 18. If all goes well, the model GST law could then be tabled in the Parliament during the Budget Session starting March 9. This would include both SGST and IGST.
Once the model GST law is finalised and tabled in the Parliament, states will have to pass an SGST which will be charged on the movement of goods across state boundaries. The Parliament will also have to approve a GST Compensation Act which will help states earn back the revenue they might lose in taxes by implementing SGST for the first five years. A four-tier structure for taxes has already been decided by the council, with taxes calculated at 5 per cent, 12 per cent, 18 per cent and 28 per cent. However, the levy for various goods and services should be finalised by May or June.
Here’s an in-depth report on the various taxes under GST, which will help you understand the regime better. Under the GST model, 3 taxes will be implemented to help tax-payers to take credit against each other thus ensuring “One nation one tax”. While intra-state movement of goods will be charged under the SGST (State GST) and the CGST (Central GST), the inter-state movement of goods will be taxed under the IGST.
IGST will also impact imports. It is expected that this three-tax structure will make it easier for states to conduct businesses, as from now on they will only have to deal with the centre in the matter of taxes and not with every other state involved in the transaction. Dealers and businesses who have pan-India concerns should find this new tax regime to their benefit. To know more about GST, do read our blogs here. We would love to help you be GST-ready! Some of the key points that should be kept in mind are:


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A Friday, March 19 ruling by U.S. District Court in San Francisco came down in favor of the USDA’s policy allowing hydroponic and aeroponic farming operations to be certified organic by the National Organic Program.
Drammatic® Liquid Fish Fertilizers are derived from fresh fish scraps from the Great Lakes. Drammatic® Liquid Fish hydrolysates contain the natural oils, amino acids, and minerals found in fish and are OMRI, WSDA, & CDFA listed for organic crop production.
Rodale Institute, a nonprofit known for its research, farmer training and education about regenerative organic agriculture since 1947, has expanded its team in an effort to empower more farmers to transition to organic.
As the number of farms fully converted or in transition to organic production increases to meet a growing demand, growers in turn are demanding new input products that meet the strict production protocols, says California-based crop nutrition specialist OMEX® Agrifluids USA.


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For a few hours, it looked like Signal had convinced Facebook to pull off one of the more brilliant self-owns ever created. Now, the two companies are sparring over the validity of the campaign and whether it ever really existed in the first place. Welcome to the internet, where everything is disputed and everyone is mad about it.
Our story begins with Signal, a messaging application that focuses on end-to-end encryption, and a blog post it published, titled "The Instagram ads Facebook won't show you." In it, Signal reports that it attempted to buy some Instagram ads to illustrate to people the kind of information FB collects about them. Ads like this:
According to Signal, Facebook disabled its advertising account because it wanted to show users these ads. The company is not subtle about the claim, writing, "Being transparent about how ads use people’s data is apparently enough to get banned; in Facebook’s world, the only acceptable usage is to hide what you’re doing from your audience."
Seems pretty straightforward. Company attempts to run ads showing people how invasive ads are, Facebook panics and overreacts, yanking advertising. Facebook, meanwhile, disputes that things played out that way in Tweets aimed at The Information's Alex Heath:shot back(Opens in a new window), claiming that FB would know these were real screenshots, and that Facebook should know it, because of the single screenshot in the Signal post. That screenshot (posted above) does appear to reference "unusual activity" on the account rather than an account ban. According to Facebook, all of this is a stunt and a fake attempt to drum up a real controversy. According to Signal, it's all completely true.
When a (Maybe) Lie Scans True
Facebook is going to have an uphill battle persuading users that Signal isn't telling the truth, even if the entire project was nothing but a publicity stunt. Facebook's response -- that some ads would have been rejected because its automatic category scanners would reject them -- flies in the face of repeated reports of how the company continues to allow automated ad purchases that violate federal labor laws. On Facebook, ads for Domino's pizza drivers were preferentially shown(Opens in a new window) to men, while Instacart ads were preferentially shown to women. This was shown not to occur on LinkedIn, where ads were shown equally to both men and women. Other jobs showed similar patterns.
Yesterday, news reports revealed(Opens in a new window) that Facebook allows advertisers to sell ads to teenagers when those ads promote alcohol, drug use, gambling, smoking, and developing an eating disorder. One ad that encourages teenagers to "Throw a skittles party like no other" was approved in 43 minutes.
A "skittles party" is the second-rarest form of mythological party known to not exist, right behind the "rainbow party," a concept so farcical I remember being stunned by the stupidity of adults the first time I heard it in middle school. While the only people likely to receive this as a pro-drug message are people who have never actually done drugs, it probably isn't great for Facebook to automatically clear this kind of advertising for young people.Statistical Injection: The 10 most commonly prescribed medications in the United States are Atorvastatin, Levothyroxine, Lisinopril, Metformin, Amlodipine, Albuterol, Omeprazole, Losartan, and Simvastatin. These are used to treat high cholesterol, hyperthyroidism, high blood pressure, diabetes, angina, heart failure, asthma, acid reflux, high blood pressure (and kidney disease), and high cholesterol. None of them are known for their off-label "get you high as balls" alternative applications, and attempting to trip on blood pressure medication is the kind of bad life decision we assume most people don't make more than once.
Funny, right? Funny enough that I threw it in here to lighten things up a bit. These next ones are less funny:
"Pro-ana" means pro-anorexia. There are websites that explicitly cater to, reinforce, and promote profoundly unhealthy methods of weight loss. The other ads tested in the study are straightforward examples of smoking, drink recipes, gambling, and dating, and all were approved to be shown to teenagers between 13-17.
There's not much reason to believe that Facebook has made progress towards cleaning up this kind of problem. Reports of the company selling advertising in ways that violate federal law have been piling up for years. Even if Facebook is being truthful, there's no chance it would change the tenor of the conversation around the company and its rampant data abuse. Facebook has been caught attempting to normalize(Opens in a new window) data theft. It's been caught in repeated lies about the nature of its algorithms and its own internal awareness about the growth of extremist content. So, for that matter, has just about everyone else.
The defining trait of the Big Data era is dishonesty. Nobody trusts Google's replacement for the cookie, FloC, because no one trusts Google not to abusively collect data. Even if companies aren't gathering your data to sell it to other people, like Facebook, they'll happily collect it to give themselves an advantage and drive smaller third-party resellers from a market, like Amazon.
Not every corporation has behaved equally badly, but the climate of distrust created by those who have has thoroughly poisoned discourse on these topics. When it comes down to a choice between believing Signal and Facebook, I'm inclined to believe Signal, except that I'm also aware that Signal could also be trying to score points off Facebook. How many times have we seen individuals, organizations, companies, and even governments at various levels get something wrong because of a rush to judgment built on the basis of preconceived notions and various flavors of outrage?
Let's put it this way: If you asked me which company is more likely to be lying, Facebook or Signal, I'd say Facebook. If you asked me which company is more likely to be taking advantage of the fact that its rival has a reputation for lying, especially where data collection is concerned, I'd say Signal. If the last two decades have taught me anything, it's that there's no such thing as trust between end-users and Silicon Valley -- just incriminating documents we haven't read yet.Now Read:


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April 23, 2012
What you keep on your computer could be very dangerous if the device gets stolen. In addition to personal financial information, thieves may also turn into extortionists. Take the latest case about a Minnesota man.
The Star Tribune reports that the case involves his theft of a laptop belong to a 20... [More]
March 1, 2012
The headline says it all. Really, how could a theft class help the deer population?
Well, a thief stole equipment and the theft is threatening the continuation of a remote white cedar plantation designed to improve deer habitat in Minnesota.
Stolen were solar panels, a wiring harness, and ba... [More]
February 5, 2012
Have you ever stolen a pig? Have you ever thought about thieving some pork? Maybe not you, but pig theft in the Midwest is becoming a real problem.
A well-organized pig theft operation may be why more than 1,000 hogs have been stolen from Midwest farms in the past few weeks.
Many thefts are happen... [More]
July 5, 2011
Jose Vega-Mendoza had immigrated (illegally) at the age of 2. Twenty-five years later he was deported back to Mexico due to a pair of theft convictions. If his family here in the United States thought their life was difficult before, they are on the brink of financial ruin now.
Mendoza’s sist... [More]


text: Horror apparel company Fright-Rags is releasing a limited edition T-shirt for Juan Piquer Simón’s Pieces. Today marks 30 years to the day since the cult slasher film’s North American release, and Fright-Rags has posted their Anniversary Pieces shirt for pre-order. Designed by Justin Osbourn, the exclusive shirt will be available on unisex shirts, girls shirts and hoodies. Pre-orders launched today and will last exactly a week, until September 30th. During that period, the shirt will be sold at a special pre-order price of $23.95. In conjunction with Fright-Rags, Rotten Cotton will simultaneously sell their own Pieces design. For additional information on Fright-Rags’ Pieces shirt, visit Fright-Rags.com.


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BlackBerry announced a partnership with carmaker Ford to develop automotive software solutions that hint at a self-driving future, as it continues a “pivot from hardware to software” and moves beyond the smartphone business.
BlackBerry’s QNX software already powers Ford’s SYNC 3 Infotainment system and is found in 60 million cars from other carmakers.
In a statement, BlackBerry said the deal will see Ford expand the use of its QNX and security software “in developing the next generation of connected cars”, but reportedly bought through Panasonic.
In a blog by John Wall, Senior Vice-President and Head of QNX Software Systems at BlackBerry, Wall wrote: “QNX may be best known as a platform for infotainment and 3D navigation. But underlying what you see on your car’s dashboard are the fundamental building blocks for the modules in cars that can control an automobile. In fact, our ADAS platform is the only one available today that is ASIL-D certified, meaning it is the only one ready today for carmakers to create autonomous car driving systems on top of it.”
Bloomberg said the deal means BlackBerry and Ford can work directly, cutting out the middleman, and allows the companies to work on more software products.
BlackBerry added that it will dedicate a team to work with Ford on expanding use of the system, but said that the terms of the deal with Ford are confidential.
After deciding to axe its struggling smartphone business in September, BlackBerry is pinning high hopes on the automotive sector, and said the deal with Ford extends its position in providing security and mobility solutions, that “are critical for the connected car”.
Ford is also known to be investing heavily in the connected car sector. At CES this year CEO Mark Fields declared 2016 as the year when Ford becomes an auto and mobility company. And this summer, Ford announced that it intends to have fleets of fully autonomous (self-driving) cars on the road within five years.
“The future of the automobile is all about embedded intelligence,” said John Chen, BlackBerry CEO. “I believe our expertise in secure embedded software makes us the preferred technology provider to put the smart in the car.”
Speaking to Bloomberg, John Wall said the deal could open up the possibility of BlackBerry working with other auto manufacturers.


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Kindred Capital, the London-based VC that backs early-stage founders in Europe, has closed its second seed fund at £81 million.
That’s solely a tad bigger than the the firm’s first fund, which invested in 29 firms and was raised in 2018. Portfolio firms from fund one embody 5, which is constructing software program for autonomous autos; Paddle, the SaaS for software program e-commerce; Pollen, the peer-to-peer market for experiences and journey; and Farewill, which helps you to create a will on-line.
Nonetheless, maybe what actually units Kindred other than most different seed VCs is its “Equitable Enterprise”. This sees the founders it backs get carry within the fund, successfully turning into co-owners of Kindred. As soon as the VC’s LPs have their funding returned, just like the agency’s companions, the founders additionally share any subsequent fund earnings, so long as they’ve handed the vesting interval.
Extra broadly, Kindred says the concept is that this additional incentive encourages a collective mannequin, during which founders actively assist one another obtain their objectives. “This has additionally had a constructive affect on deal circulate, with entrepreneurs sourcing 38% of Kindred’s dealflow on the high of the funnel,” says the VC.
Notably, Kindred tasks that round £5 million will probably be returned to founders from the primary discover, revenue that will in any other case have gone to its personal Common Companions. Presuming these exits are realised, primarily based on two founders per startup, a fast again of the serviette calculation means that’s simply over £80,000 every.
In the meantime, Kindred already begun investing from its second fund. It has led 10 seed investments in firms akin to BotsAndUs, Gravity Sketch and Beit.
LPs in Fund two embody: College of Chicago, Trade Ventures, Era Ventures, Sands Capital, British Affected person Capital, Isomer, and Authorized & Common. Founders akin to Taavet Hinrikus (TransferWise), Carsten Thoma (Hybris), and Rishi Khosla (Oak North), have additionally invested in Kindred’s second fund.
#Kindred #Capital #closes #81M #fund #earlystage #European #startups #TechCrunch


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Lanvin, the historic French fashion house at the heart of Parisian chic, has appointed an expert in “e-couture” as its new creative director in an attempt to connect with a new generation.
The company’s owner, the Taiwanese media magnate Shaw-Lan Wang, announced on Tuesday that Olivier Lapidus would take up the role, days after it was confirmed that Bouchra Jarrar would be leaving it after just 16 months. Lapidus’s first collection for Lanvin will be shown in Paris in October.
Lapidus is a relative unknown in the industry, even for the most seasoned fashion insiders. He was creative director at Balmain Homme in 1985, and is the son of Ted Lapidus, who pioneered unisex clothes and designed clothes worn by the Beatles and Françoise Hardy. Olivier recently designed the interiors of the four-star Hotel Félicien in Paris, and furniture and mattresses with the Novative brand.
Lapidus, 59, also runs his own label, Creation Olivier Lapidus, which has been described as an e-couture brand. It creates ornate custom-made beaded dresses which are ready in 12 weeks, and can be ordered on a hotline after watching a runway show online. Lapidus’s aesthetic is a straightforward, established take on evening wear – satin, sequin and strapless dresses dominate. His interest in technology – from manufacturing to communication – has been hailed as a way to relaunch Lanvin for an audience of digital natives. It has also been suggested that the house may start to show couture again.
According to The Business of Fashion, Lapidus has been charged with making 128-year-old Lanvin into “a French Michael Kors”. This implies that price points will decrease and that the aesthetic will become more commercial in an attempt to bring more customers to the brand. Kors is built on an easy wearable look that prioritises daywear. Lanvin, by contrast, has traditionally worked with a chic cocktail-hour look. While revenues at Kors declined 3.2% during 2016, the American brand is still a success story of the modern era, making £1.08bn that year. Lanvin, by contrast, had a 23% drop in revenue in the same period, to £143m.
Though fashion insiders may be surprised to see an outsider take on such a historic name, Shaw-Lan Wang is confident. “His broad understanding of the universe of this house, of the world of fashion and design and his resolutely modern approach will bring Lanvin towards new horizons,” she said.
“With nearly 130 years of history, Lanvin is the oldest French couture house,” Lapidus said. “To ensure its longevity is an immense task and an exciting challenge.”
The recent history of Lanvin has been turbulent. Alber Elbaz, who was creative director for 14 years before he left in 2015, had brought Jeanne Lanvin’s sleepy house into the modern era with an aesthetic that was fun, glamorous and worn by everyone from Natalie Portman to Meryl Streep. But he left in a storm of controversy, saying his departure was “the decision of the company’s majority shareholder”. This provoked anger within the industry and even sparked protests in the Lanvin workroom, where Elbaz’s former team reportedly chanted his name.
In her brief spell, Jarrar designed two collections, both full of the kind of conservative glamour that appeals to a woman who has black tie events in her diary. While 16 months is hardly time to establish an aesthetic, Jarrar failed to pick up buzz – essential for a new designer bringing the spotlight back on an established brand.
Balenciaga’s Demna Gvasalia, appointed in 2015, is an example of this working well – there is now such a frenzy around Balenciaga that fans recently bought branded lighters at lifestyle store Colette for €10 (£8) a piece. Lanvin will be hoping for something of a Gvasalia effect from Lapidus come October.


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ENGLAND: Honda, the Japanese bikemaker, is all set to roll out new Unicorn 160 in the Indian market soon. Actually, the bike has earlier reached Honda dealerships across the nation and bookings have also been started for the bike. The new 160cc bike is priced at Rs. 63,695 (ex-showroom, Delhi) which means the on-road Delhi price will be around Rs. 70,000, confirms a Delhi-based dealer.
The new model of the bike features a more modern design and is expected to share its design and components with the CB Trigger. The bike features a muscular tank with shrouds accommodating the 3-D Honda logo. The three fins on the side panels look very identical to the two fins found on the CB Trigger. Moreover, the pillion footrests too have been directly lifted from the Trigger.
The rear-end of the bike looks completely new with the ?H? design tail-lights and an LED unit. Switch gear, handles, digital instrument cluster and few other features also look similar to the ones found on the CB Trigger. The bike is powered by a 160cc single-cylinder, air-cooled engine that is good for 14bhp.


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If you’re a developer and you don’t make 30% more on in-app ad revenue with NativeX, they will pay you $30,000.
For the first time in the company’s history, NativeX is putting out a “performance guarantee.” A native advertising platform for mobile games, the company’s new SDK purportedly delivers a full slate of new bells and whistles without creating SDK bloat. And if the results disappoint, there could be a huge payday in it for developers.
“We’ve been longtime partners of NativeX. These guys not only deliver, they stand behind their word,” said Ben Vu, CEO of SkyVu, in a press release issued by the ad network. “Our entire monetization team was thrilled when they noticed our ad revenue had increased by 52% with NativeX’s new native ad formats. And this isn’t just about revenue, it’s about loyal fans and making sure that ads are relevant and interesting to players.”
Full terms and conditions regarding the company’s guarantee can be found here.
“We started with a hypothesis several months ago that mobile advertising was broken because of poor design quality and that we as an industry could create more interesting ads,” said Robert Weber, senior vice president of business development at NativeX.
Webber says his company believes that it’s well on the way to “changing the industry with native advertising that blends science and craftsmanship. We are confident that our technology will continue to dramatically outperform the competition, and our revenue guarantee is proof of that. In beta testing with leading mobile game publishers, we’ve seen at least a 50% increase in ad-based revenue and as much as a 600% increase.”


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SEOUL, April 28 (Korea Bizwire) — South Korean duty-free stores saw their sales drop sharply in March due to the spread of the new coronavirus, industry data showed Tuesday.
Combined sales of local duty-free shops shrank 1.3 percent on-month to 1.8 trillion won (US$1.5 billion) last month, according to the data from the Korea Duty Free Shops Association. The number is down 46.2 percent from January, the data showed.
The number of visitors at duty-free outlets came to 587,879 last month, also down from 1.75 million in February, with foreigners accounting for 45 percent of the total.
Industry sources voiced concerns that duty-free shops may see their sales shrink in April, given flight suspensions and travel bans across the globe.
“Duty-free shops are expected to take a harder hit in April as entrants are under mandatory self-isolation measures, coupled with flight suspensions,” said an official of the local duty-free shop who asked not to be named.
Sales of duty-free shops have been hurt by the fast spread of COVID-19 since late January, which has made it impossible for small-scale Chinese vendors, their major customers, to visit South Korea.
Those Chinese vendors sell their duty-free purchases in large quantities, mostly cosmetic products, to consumers back home.


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The vidgame biz has caught sequelitis.
Nintendo and Sony will rely mostly on new installments of proven franchises rather than launching new properties to drive their videogame businesses through the end of next year.
Much attention was lavished on the next renditions of Nintendo’s “Super Mario Bros.,” “Super Mario Galaxy” and “Metroid” and Sony’s “Final Fantasy,” “Metal Gear Solid,” “God of War” and “Gran Turismo” during the Tuesday tubthumping by those companies in connection with the Electronic Entertainment Expo taking place in downtown L.A. this week.
The emphasis on squeezing more sales out of existing franchises is also hitting the hardware front, with Sony gearing up to bow a new version of its PlayStation Portable handheld as a pure digital entertainment device.
The PSP Go targets consumers who want a device that can store games, movies, TV shows, music and other content instead of having to carry CDs, DVDs and game discs when they travel.
“We call it the worst-kept secret of E3,” said Jack Tretton, prexy-CEO of Sony Computer Entertainment, while unveiling the PSP Go at the Sony’s newser, which packed 5,000 attendees inside the Shrine Auditorium. “Given this industry’s inability to keep secrets, we are an industry leader. We won’t be outdone by anyone.”
The $249 device, which will hit retailers in October, is 50% slimmer than the current PSP, which will still be sold. That device has sold 50 million units since 2005; 15 million PSPs were sold last year.
The PSP Go should help Sony compete more aggressively with Apple as it features a far larger screen than the iPod and can act as both a small videogame console and video player.
Sony plans to make many of its major franchises — including “Gran Turismo,” “Resident Evil,” “Metal Gear Solid” and “Little Big Planet” — playable on the PSP this year.
The reliance on franchises is a safe strategy that should prove profitable for the companies considering previous versions of the games were bestsellers when they were released.
Nintendo also continues to dominate in the casual games category with its Wii.
While nearly 300 million people are actively playing games in North America, Japan and Europe, another 150 million have considered playing games, according to a survey conducted by Nintendo. It’s an audience the company and its rivals are clearly starting to go after with games that don’t require hours of commitment and get other individuals involved.
The Wii version of “Super Mario Bros.,” for example, will enable four people to play at one time.
“No one was born an expert gamer, but everyone was a new player at one time,” said Nintendo prexy Satoru Iwata, who added that “Mario Kart” for the Wii and the console’s Wii Wheel helped lure new gamers.
A new version of the company’s Wii Fit will also hit store shelves later in the year; the first version has been a major crossover device for the games biz.
Sony is trying to boost consumer interest in its PlayStation 3 with a lineup of exclusive titles, including actioner “Uncharted 2”; racer “Gran Turismo 5”; spy game “Agent,” from Rockstar Games; and a massively multiplayer online version of “Final Fantasy,” the series’ 14th version.
Company said 35 exclusive games are planned to roll out for the PS3 this year. It hopes to sell 13 million of the $400 consoles this year.
It had always intended to have more games, but publishers opted to collect more coin for their games by making them available on systems from Nintendo and Microsoft as well.
The tones of the two press conference were markedly different, as is usually the case, with Nintendo heavily focused on family fare, while Sony hits hardcore gamers with more violent titles.
But Nintendo still had some edgier fare to show off, such as an exclusive version of the horror sci-fi game “Dead Space: Extraction” and “Metroid: Other M.”
Sony is also hoping to boost interest in its PS3 by adding more content to its PlayStation Network, which competes with Xbox Live and houses the company’s digital downloading service.
PSN has grown to 24 million members — 11 million in North America. PSN’s digital video service, which launched with movies, TV shows and other Web content last summer, has added Disney, Nickelodeon, Starz, G4, E!, HDNet and Magnolia Films as content providers and will now also be available on the PSP.
And PlayStation Home, an online social networking service, has attracted 6.5 million users worldwide since launching last year.


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The company’s This autumn net income stood at Rs 2,331 crore
Reliance Industries’ telecom arm Reliance Jio on Thursday reported a 177.5 % growth in income inside the fourth quarter (January-March), to Rs 2,331 crore, up from Rs 840 crore, in the an identical quarter remaining yr. As far as the entire financial yr is anxious, Jio’s net income rose from Rs 2,964 crore in 2018-19 to Rs 5,562 crore in 2019-20, an annual improve of 88 %.
In an official launch, the company stated that as on March 31, its subscriber base stood at 38.75 crore, a 26.three per cent year-on-year growth.
Its widespread revenue per particular person (ARPU), a key metric of how loads revenue a telecom company earned from an individual particular person improved to Rs 130.6 month-to-month from Rs 128.4 all through the earlier quarter.
With out divulging loads particulars, the company moreover launched the launch of a “nationwide video platform” generally known as JIOMEET.
The company, in its launch moreover detailed upon Fb’s Rs 43,574 crore funding with the intention to buy 9.99 % stake.
Of the entire funding, Rs 14,976 crore could be retained at Jio Platforms to drive future growth, whereas the dad or mum agency Reliance Industries Restricted (RIL) will redeem optionally convertible alternative shares (OCPS) worth Rs 28,598 crore, the assertion talked about.


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Coyote showed off his baseball pride on Saturday at the Apple Blossom Grand Parade. Don’t forget to get your tickets for this season! We start celebrating summer, one inning at a time, on June 3.
Coyote returned from vacation this weekend to appear at the Pepsi Youth Day at the Apple Blossom Festival on Sunday afternoon. Check out the pictures from a fun day!


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Sony recently hosted the second in a series of fund-raising events to mark the 2004 ARU Rugby Test Series.
Held at the Grace Hotel in Sydney, the event was attended by rugby greats such as Wallabies legend and former coach, Glen Ella, current Wallabies stars Lote Tiquiri, Matt Giteau and Brendan Cannon, and media and retail partners. Tim Webster was master of ceremonies.
Other events were held in Melbourne, Sydney and Brisbane to help raise funds for Sony Foundation Australia.
The Sydney lunch featured spirited entertainment. Webster hosted an individual Q&A discussion with Glen, Lote, Matt and Brendan and a silent auction for collector’s items that included a Matthew Burke signed collage and an ELLA ELLA ELLA jersey — a Wallabies Jersey signed by Mark Ella, Glen Ella and Gary Ella.
Sony Australia’s marketing communications manager, Megan Short, said the Sony Foundation had raised more than $5 million in the past five years, which had been used to assist Australian youth in the community and foster their talents.
“The sponsorship [of the ARU Wallabies] gives Sony the chance to host events like these that can give back to the community,” she said. “Events like these give our retail partners a chance to be involved as well.”


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3M Company (NYSE: MMM) reported sales of $8 billion for the first quarter of 2023, which was down 9% year-over-year. Organic sales fell 4.9% YoY.
Net income attributable to 3M was $976 million, or $1.76 per share, compared to $1.29 billion, or $2.26 per share, last year. Adjusted EPS was $1.97.
For the full year of 2023, 3M expects adjusted EPS of $8.50-9.00.
Costco Wholesale Corporation (NASDAQ: COST), which operates a chain of membership warehouses, on Tuesday reported results for the fourth quarter of fiscal 2024. The company posted revenues of $78.9 billion
Shares of McCormick & Company Inc. (NYSE: MKC) were down on Tuesday. The stock has fallen 19% over the past three months. The spices and seasonings maker is scheduled to report its
Cintas Corporation (NASDAQ: CTAS) reported first quarter 2024 earnings results today. Revenue was $2.34 billion, up 8.1% from the same period last year. Organic revenue growth was also 8.1%. Net


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A recent study discovered that lower levels of vitamin D were associated with depression in individuals over the age of 50.
Researchers discovered that a minimum of 4,000 IU vitamin D is needed to help control serum markers of type II diabetes.
A study found that UVB exposure is associated with a decreased risk of Parkinson’s disease among individuals under the age of 70.
A recent study discovered vitamin D stored in fat tissue may contribute to serum levels during times when vitamin D intake is limited.
A recent study found that vitamin D deficiency was highly prevalent and associated with worse outcomes in patients with acute myeloid leukemia.
A study found that vitamin D deficiency remains highly prevalent among pregnant women and newborns throughout the year.


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Consumers tired of Waiting for Loyalty Rewards
More than half of the UK's consumers (54%) feel that it takes too long to earn rewards in loyalty programmes, with 27% of people saying they have stopped using a loyalty programme as a direct result of the length of time taken to be rewarded, according to research from Grass Roots Group.
The research, which surveyed over 2,700 consumers, concluded that many major brands are simply failing to keep their previously-loyal followers engaged, with 33% of respondents expecting to receive significant rewards from a loyalty programme within just one month of signing up and a further 45% being prepared to wait between one and three months before their membership bears fruit. As a result, many loyalty programme operators run the risk of turning away loyal customers by not keeping them engaged while they wait for their all-important first reward.
Delving deeper into the findings, the older generation are more impatient when it comes to being rewarded for their loyalty, with 12% of over 55s expecting to receive a reward within a week, compared to only 4% of 18-24 year olds. By not understanding this or targeting customers correctly, brands could be contributing to the relationship breakdown with their customers.
"Customer loyalty schemes hold a lot of value to both brands and their customers. Brands have already done the hard work by earning customer loyalty, why then do so many risk losing their customers by not keeping them engaged throughout the entire loyalty lifecycle?" asked Adam Goran, divisional director of customer engagement for Grass Roots Group
The company's research found that over half of customers (57%) are happy to be contacted by a loyalty provider once a month, with 18-24 year olds wanting more frequent contact (38% are happy to be contacted between once a day and every two weeks).
Customers want - and indeed expect - to be contacted by their loyalty scheme providers and, if approached in the right way at the right time, will become true advocates rather than occasional shoppers.
"If marketers fail to capitalise on this expectation, and they don't engage effectively with their customers, they will find it increasingly difficult to hold on to loyal customers," concluded Goran.


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Shop smart and look fabulous with Joy Sewing
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CELEB STYLE: Houston native Cesar Galindo, who has designed for singer Gwen Stefani, will show his two collections during NY fashion week. Mercedes-Benz Fashion Week in New York kicks off Thursday through Sept. 13 and will give the world a chance to see the collections for spring 2013. It’ s also a time for Houstonians Read More
To kick off the new year, Target has rolled out the second set of Gwen Stefani’s Harajuku Mini, available on Target.com and in Target stores now. Check out the nautical-inspired infant, tot and tween apparel and accessories. Dress your little ones in threads decked with mermaids, crabs, sharks and pirates. Prices are $4-$30.
Houston-native designer Cesar Galindo, who lives in New York, has put his talent to a great cause today, as he showcases his new “Rojo” collection in celebration of World AIDS Day and the Houston World AIDS day luncheon and fashion show, which he’s co-chairing. (He’s also teamed with Driftwood (www.imfromdriftwood.com), a non-profit organization Read More
More than 400 Houston brides to say “I do” on 11/11/11 Some 57,000 women nationwide will walk down the aisle today, November 11, 2011. The 11/11/11 date only comes once every one hundred years. According to David’s Bridal, 11 signifies rebirth, a new beginning. David’s Bridal estimates they will be dressing 40 percent of the Read More
You couldn’t have asked for a better duo: Target and fashion-music mogul Gwen Stefani. The two are launching Harajuku Mini for Target in November. It’ll be an exclusive collection featuring affordable apparel and accessories for babies, kids and tweens. Just in time for the holiday season, the first installment of the collection will be available starting Nov. Read More


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The global drip irrigation market size is projected to reach USD 9.37 billion by the end of 2026. The increasing number of farming activities will bode well for the market in the coming years. According to a report published by Fortune Business Insights, titled “Drip Irrigation Market Size, Share & Industry Analysis, By Component (Emitters, Drip Tubes/Drip Lines, Pressure Pumps, Filters, Valves, and Others), Crop Type (Field Crops, Orchard Crops, Landscape & Turf, and Others), Application (Surface and Subsurface), and Regional Forecast, 2019 – 2026,” the market was worth USD 4.63 billion and will exhibit a CAGR of 9.3% during the forecast period.
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Drip irrigation is used across several agricultural practises for water distribution purposes. The ability of a drip irrigation system to minimize water wastage as well as maximize the amount of nutrient consumed by the crops, is a major factor why this concept has gained massive popularity in recent years. The massive investments in the R&D of new products will constitute an increase in the overall drip irrigation market size in the coming years. The presence of numerous agricultural subsidies will contribute to the growing adoption of drip irrigation systems across the world. Moreover, the emphasis on adoption of sustainable farming and agricultural practises will aid the growth of the market. The growing demand for a highly efficient agricultural produce will create a subsequent demand for drip irrigation systems across the world.
Browse Complete Report Summary: https://www.fortunebusinessinsights.com/drip-irrigation-market-102684
Increasing Number of Product Launches Will Provide Impetus to Market Growth
The report encompasses several factors that have contributed to the growth of the market in recent years. The increasing number of product launches has emerged in favor of market growth. Due to the constantly rising demand for drip irrigation systems across the world, several companies are looking to invest hugely in the development of advanced concepts. The adoption of modern technologies has yielded a few exceptional products in recent years. In August 2019, Rivulis Irrigation announced the launch of a new product for drip irrigation system. The company introduced ‘Manna,’ a satellite based software solution which will be used in drip irrigation systems across the country. The company’s latest product will have a massive impact on the growth of the overall market in the coming years.
Asia Pacific to Emerge Dominant; Increasing Agricultural Activities to Aid Growth
The report analyzes the ongoing drip irrigation market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, the market in Asia Pacific is likely to generate the highest revenue in the coming years. The increasing number of farming and agricultural activities in several countries across this region will aid the growth of the market. As of 2018, the market in Asia Pacific was worth USD 2.08 billion and this value is likely to increase further in the coming years.
A few of the leading companies that are currently operating in the global market include:
- Lindsay Corporation
- Jain Irrigation Systems Ltd.
- Rivulis Irrigation Ltd.
- Rain Bird Corporation
- Sistema Azud
- Netafim Limited
- The Toro Company
- Elgo Irrigation Ltd.
- Chinadrip Irrigation Equipment Co. Ltd.
- Metzer Group
- Antelco Pty Ltd.
November 2019: The government of Tamil Nadu, India, announced an increase in the subsidy amount for farmers who are engaged in drip irrigation-based sugarcane farming.


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Jan. 26 (Bloomberg) -- EasyJet Plc, Europe’s second-biggest discount carrier, rose the most in six months after 200,000 additional business bookings sent quarterly sales surging.
EasyJet rose as much as 12 percent in London trading after revenue jumped almost 17 percent to 763 million pounds ($1.2 billion) in the first quarter ended Dec. 31, offsetting fuel- bill increases and curbing an anticipated first-half loss.
Chief Executive Officer Carolyn McCall has added flights on key routes while introducing allocated seating, flexible tickets and sales via corporate agents to grab a bigger slice of a business market in which later bookings offer yields, or fares, typically 20 percent higher than for leisure trips. EasyJet lured 2.3 million corporate travelers in the three months, aided by the establishment of a dedicated 10-person sales team.
“Discount airlines are doing very well, despite the economy,” said Gert Zonneveld an analyst at Panmure Gordon in London with a “buy” recommendation on the stock. “EasyJet is a solid business with a strong balance sheet and a strong brand name which hasn’t yet been translated into superior valuations.”
Shares of EasyJet, based in Luton, north of London, gained 49.7 pence to 453.5 pence, the most since July 22, and were trading 9 percent higher at 440 pence as of 2:40 p.m. in the U.K. capital London, valuing the company at 1.89 billion pounds.
The stock has advanced 12 percent this year after slumping 11 percent in 2011. Larger rival Ryanair Holdings Plc traded 4.1 percent higher today and has added almost 15 percent this year.
EasyJet’s sales gain, which has been aided by a milder winter, will allow it to absorb most of a 100 million-pound jump in jet-fuel costs for the fiscal first half, McCall said today, limiting the pretax loss to an estimated 140 million pounds to 160 million, compared with 153 million pounds a year earlier.
“EasyJet has made a strong start to the year,” the CEO said in a statement. “The good performance in the quarter has meant we are cautiously confident in our outlook.”
The carrier lured more corporate flyers even as the overall business-travel market contracted in the quarter, it said, citing U.K. Guild of Travel Management Companies data. Market share is being boosted by a decision to devote 70 percent of new capacity to strengthening existing routes with most potential to lift yields, such as southeast England, France and Switzerland.
From London, EasyJet operates 14 daily flights to Amsterdam, 12 apiece to Glasgow and Edinburgh and 10 to Barcelona. New clients include some banks and retailers, spokesman Paul Moore said, while declining to identify any.
Stelios Haji Ioannou, the company’s founder and largest shareholder, said in a statement that management had overstated the impact of business passengers, and that the increase is “not a big deal” for earnings, with some corporate clients flying on “half-empty” services in the afternoon, when fares are lower.
The entrepreneur has been at loggerheads with EasyJet’s board for more than three years in a dispute over jet purchases, and he plans to vote against remuneration awards at the company’s annual meeting next month.
The overall passenger count increased 8.1 percent to 12.9 million in the quarter, boosting occupancy levels almost 1 percentage point to 87.6 percent, while revenue per seat grew 7.7 percent, the statement said. Some 70 percent of available seats have already been sold for the half, in line with a year ago, with bookings running at 15 percent for the second half.
EasyJet’s passenger revenue per seat increased 6.5 percent to 40.29 pounds, with ticket prices strengthening as competitors “retrenched,” it said. Ancillary sales for items such as checked bags increased by 68 pence to an average 4.70 pounds a seat and sales fees and charges increased 1.24 pounds to 5.88 pounds.
First-quarter sales were estimated at 725 million pounds by analysts at Deutsche Bank AG and 730 million pounds at UBS AG.
Numis Securities lifted its recommendation to “hold” from “reduce” and raised its full-year pretax profit estimate to 225 million pounds from 193 million pounds. Credit Suisse analysts raised their annual forecast 8 percent to 240 million pounds, while predicting a 217 million-pound first-half loss.
--With assistance from Brian Lysaght in London. Editors: Chris Jasper, Chad Thomas.
To contact the reporter on this story: Steve Rothwell in London at firstname.lastname@example.org
To contact the editor responsible for this story: Chad Thomas at email@example.com


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Come Wednesday, quintessential California retailer Fred Segal will launch a Web site, fredsegal.com, and with it, the company’s ability to reach consumers across the U.S. and the globe will multiply exponentially.
It’s one of the initiatives of Sandow, which acquired Fred Segal in 2012, and it’s more than a year in the making. Paul Blum, the chief executive officer of Fred Segal, said the company is making progress on its aggressive growth plan, which includes opening lifestyle centers with up to 50,000 square feet of space.
Fred Segal in April opened a 10,000-square-foot shopping center that anchors a brand new real estate development in Daikanyama, one of Tokyo’s hottest shopping districts. Blum said a larger complex in Yokahama is in the works. “It’s a waterfront retail project that’s taking a lot of time and effort. We are also finding the next location for the next lifestyle center. We’re looking at mainland U.S.,” Blum kidded. “We’re looking in Brooklyn and L.A. We’re interested in a number of areas.”
Blum expressed surprise that Fred Segal didn’t have a Web site. “It’s pretty ironic that it’s a brand so well known and loved by so many people and it’s had no digital marketing or Web site,” he said. “Everyone has their own Fred Segal story. They’ve been allowed to create a story because there hasn’t been any marketing. They have filled in their own image of what Fred Segal is.”
The company will now gently wrest that story back from its fans and build its own image, while allowing them to voice their opinions and share stories.
Fredsegal.com is content-driven rather than commerce-driven by design.
“There are so many index sites, the biggest being Amazon,” Blum said. “You can find very wide assortment of products in many different ways. We didn’t want to compete with them or be seen as one of those types of sites.”
Rather, Blum said, fredsegal.com will convey the brand’s message. The site will focus on a particular topic of interest and dissect it through essays, musings and different perspectives. The inaugural topic is “Rivet” as it relates to denim and jeans. Writers such as Emily Spivack, creator of the Worn Stories Web site; Melissa Magsaysay, cofounder of the Hive and a former style writer for the Los Angeles Times, and actress and musician Sasha Spielberg are among those who weigh in.
“These are the emerging celebrities of the future,” Blum said of the writers. “I’m not interested in celebrities and what they do [that makes them famous.] Fred Segal is a smart brand. We’re getting people who have something to say.”
The Web site ‘s e-commerce component is a highly edited selection of men’s and women’s apparel to accompany the “Rivet” theme with a focus on jeans from brands such as 3X1, Fabric, Ksubi and Mother, among others. Exclusive limited-edition and collaborative products also will be sold on the site and will change frequently.
“We focused on [the writers] and their stories rather than just being a display of every product available,” Blum said. “There are people who do that well. We’ll evolve into more products as the customer tells us they want to see a wider selection. What our customer has told us is that they’re overwhelmed by the amount of choices out there. By keeping the assortment really tight, it’s clear what we stand for. Curation and choice-making is the ultimate luxury.”
Denim was chosen as the opening theme of fredsegal.com because Fred Segal, the founder, was “one of the early pioneers of fashion denim,” Blum said. “We figured we’d start there.
“In addition, we’re launching our Japan store and the Japanese are obsessed with the origins of denim,” he said. “Premium Cool: A Brief History of Fashion Jeans,” by James Sullivan and “Let Freedamn Ring,” Rin Tanaka’s take of vintage denim in America, along with “Denim in Japan,” an interview with the Real McCoy’s founder Hitoshi Tsujimoto, have that angle covered.
Blum claimed to have “no idea of size of business. It’s not that kind of initiative. We have many thousands of people who have signed up for the site and are really interested in what we have to say. It’s something that will unfold.”


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Chief executive officer of the Nigerian Export Promotion Council (NEPC), NEPC, Mr. Segun Awolowo, has said that the real sector players in the Nigerian economy are capable of taking the economy out of recession by taking advantage of the numerous export promotion opportunities provided by the NEPC.
He said, on the other hand, that the federal government has a golden opportunity in its hands to invigorate the pledge of diversifying the economy towards agriculture and manufacturing since the oil sector is failing
According to him while Nigeria’s exports profile is dominated by a failing oil sector, there has been steady decline in non-oil exports in the last three years.
Addressing a media parley yesterday, Awolowo stated that Nigerian economy recorded a 15.9% increase in the $2.970 billion non-oil exports recorded in 2013, from the $2.561 billion recorded in 2012, there has been a steady decline thereafter
The volume declined by 8.6% to $2.714 billion in 2014 and by 40.14% to $1.624 in 2015, according to the NEPC records. Meanwhile, within the period in review, Nigeria exported 117 products to 102 countries
“Nigeria’s non-oil export potentials are not fully exploited despite endowed natural resources especially in solid minerals and agriculture,” he said
According to him, there is limited local content value addition, whereas export products from Nigeria are mostly in primary forms. He attributed some of the challenges faced by the real sector in Nigeria to poor infrastructure, power, standards, finance, skills and capacity.
“There is lack of patronage from major oil consumers like the US due to preference for Shale oil. Nigeria’s economic situation has been made worse by the sharp fall in crude oil price by roughly 50%, impact of insurgency especially in the North East, the non-resolution of the Economic Partnership Agreement (EPA) between Nigeria and the European Union, insufficient maximization of the potentials of bilateral and multilateral trade agreements such as ECOWAS trade liberalization scheme, AGOA etc.,” he said
Awolowo said that although NEPC is bedeviled with teething problems, the agency is determined to support the commitment of the President Muhammadu Buhari to shift towards the non oil exports.
He encouraged manufacturers and other players in the real sector to freely approach the NEPC, including the website, and take advantage of the free advisory services and enjoy the export incentives
He stressed with increased foreign exchange earnings from key agricultural products through value addition, Nigeria is bound to exit recession in a short period.
Expected outcome of a well mobilized non-oil export sector include export culture imbibed by all states, job creation along the value chains, economic inclusion and empowerment especially for women & youths, improved perception and image of the country, increased global market share, increased specialization in production, trade and services.
Other outcomes are improve foreign exchange reserves, favorable balance of payment/balance of trade statistics, growth in national GDP, appreciation of local currency vis-a-vis other international currencies, and improved standard of living of the citizenry and general national economic development.


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NYX Professional Makeup is about to help launch the career of an aspiring makeup artist.
The L’Oréal-owned brand has revealed the six final contestants for its FACE Awards (https://www.faceawards.com) One of them will be named Beauty Vlogger of the year. Patrick Starrr will host the event at the Shrine Auditorium and Expo Hall in Los Angeles on Aug. 19. Fittingly, Starrr was a past contender in the contest, which helped broaden his reach (he now has more than 3.4 million followers on Instagram).The FACE Awards, the Fine Artistry of Cosmetic Elites, also helped spark the careers of Laura Sanchez, Mykie (Glam&Gore) and Kristen Leanne, among others. This year’s final six contenders are Ashley Quiroz, Kimberley Margarita, Jordi Dreher, Jessica Kalil, Megan Walter and Victoria Lyn. In addition to bragging rights as Vlogger of the Year, there is a $50,000 award plus consultation with professional makeup artists and products.
The six were narrowed down from more than 1,000 video entries through public voting based on video challenges of makeup themes, such as Animal Kingdom and Cyberpunk. The final contest will be judged live by Ve Neill, Mykie, MadeYewLook and Chrisspy.
“It’s important to give back to the beauty community we value and respect so much — our beauty junkies and professional artists are everything to us,” said Sarah El-Annan, AVP integrated marketing at NYX Professional Makeup. She explained the awards were created to empower artists and provide a launch pad for careers in makeup artistry. “For the first time ever, we’re hosting our FACE Fest expo hall where fans can grab a free ticket to see their favorite brands, influencers, watch panels, makeup demos and mini master classes,” she said. The size of the venue has been doubled this year.
NYX Professional Makeup is one of the fastest-growing brands in beauty, propelled by its dedication to beauty enthusiasts and professional makeup artists. The brand has seen more than a 163 percent gain in sales of its lip treatments, according to IRI data for multiunit doors for the 52-week period ended June 11. Its eye brow makeup sales climbed more than 60 percent during that period.


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This report comes from CNBC Daily Open today, our new international markets newsletter. CNBC Daily Open keeps investors informed about everything they need to be aware of, wherever they may be. You like what you see? Subscribe to our newsletter
Here is a link to the article
Investors are more concerned about other issues than the slowing of inflation.
What you should know today
Prices are rising in the U.S., but they're doing so at a slower rate. Consumer prices for April
The price of the product rose by 0.4% in a month, and 4.9% compared to a year earlier
The estimate was 5%. The Core CPI (excluding food and energy) rose by 0.4% in the last month, and 5.5% compared to a year earlier, as expected.
Disney shares dropped 4.5% after the company announced a
Disney+ subscriptions drop by 2%
Its streaming service. The company still performed well in the last quarter. Its revenue rose by 13% over the previous year, to $21.82 Billion, and its profit was on par with Wall Street expectations.
Google announced new products and services in a keynote on Wednesday. Noteworthy:
Folding phone for $1,799
New artificial intelligence features
You can also find out more about the following:
New large language model
Google's generative AI is based on this technology. Google's shares rose 4.1%, thanks to investors who were delighted.
You can also find out more about the PROS.
Big Tech stocks can be
This year, the increase is up to 50%
Tom Lee, co-founder of Fundstrat, cited the lack of competition in these companies, their continued demand by consumers, and their strong future prospects.
The Consumer Price Index for April indicated that inflation is easing in the United States. The topic that dominated the markets last year seems to have received a muted reaction yesterday, suggesting investors are preoccupied by other concerns.
JPMorgan Chase sales and trading team
The S&P 500 was predicted to rise between 1% and 1.25%
On that better than expected number. The Dow Jones Industrial Average was mostly flat, while the S&P only added 0.45%. The Nasdaq Composite, with its high tech composition that is more sensitive to rates of interest, posted the largest gain at 1.04%.
The Federal Reserve may have suggested at its last meeting that the Federal Reserve could explain this tepid movement.
it might pause rate hikes
The CPI was less important to the markets, because the interest rate trajectory is more predictable now. This is because inflation is a major factor in determining interest rates. Though we should recall that New York Fed president John Williams warned central banks about the dangers of inflation.
Banks may still raise rates if inflation remains stubborn
Investors focused on the quarterly performance of banks and companies.
First, the turmoil has at least a silver-lining. First Citizens' stock jumped 7.45% following the announcement of a $257-million surge in its first-quarter earnings.
Silicon Valley Bank purchased in March
The majority of the bad news was for companies who reported earnings. Airbnb fell 10.9%, and Twilio dropped 12.6% following the announcement of a weaker second quarter by both companies. Disney was punished by traders for its Disney+ loss in extended trading.
The CPI is not a good predictor of inflation in the future. However, the producer price index that will be released later today will show wholesale prices. Even so, unless the number is shocking, it's unlikely that it will have a major impact on markets. Investors' eyes will be on corporate and bank earnings.
Subscribe to our Newsletter
Here is a link to the article
Get this morning's market report delivered to your email inbox.


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New Honda Patent Reveals Transmission With Three Clutches, 11 Gears
Insider confirms patent, but says there are no plans for production
Apparently Honda isn't done pushing the boundaries when it comes to transmission technology. The automaker already has a unique eight-speed dual-clutch automatic with a torque converter and a new nine-speed auto (albeit sourced from ZF), but AutoGuide recently dug up a patent filed by Honda detailing a triple-clutch, 11-speed automatic transmission.
Honda submitted the patent to the Japan Patent Office back in May, but the link is currently broken or has been taken down. But according to AutoGuide¸ the patent's description claims the addition of a third clutch would decrease the loss of torque experienced between gear shifts in dual-clutch gearboxes. The triple-clutch unit would also allow "speed change to be more effectively restricted and a speed change response to be increased." Since the description was translated from Japanese, we assume it means even quicker gear shifts compared to dual-clutch units.
Autocar followed up on the patent and spoke to a Honda insider who confirmed the patent filing. However, the insider said the automaker currently has no plans to approve the triple-clutch gearbox for production. The unnamed source expressed doubts that it would be used in any of Honda's new models on the horizon, including the next-gen CR-V.
The automaker currently uses dual-clutch automatics in a number of models including the Acura TLX sedan and NSX supercar. It has also increased its usage of continuously variable transmissions in vehicles like the 2016 Honda Civic and Accord.


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Nearly half of President Joe Biden’s current 22.2 million Twitter followers are fake accounts, according to an audit tool provided by software company SparkToro.
SparkToro’s tool revealed that 49.3% of accounts following the official @POTUS Twitter account are “fake followers” based on analysis of a number of factors including location issues, images default profile and new users.
Tesla CEO Elon Musk, who is currently trying to buy Twitter, has expressed concerns about the number of fake accounts and a potential crackdown could see users such as Biden lose large numbers of followers.
Musk said Tuesday morning that his $44 billion deal to buy the social media company could not go ahead until issues with fake accounts were resolved and he appeared to criticize the Twitter CEO , Parag Agrawal.
Musk, the world’s richest man, claimed that 20% of Twitter accounts were “fake/spam” and that figure was “4 times what Twitter claims, could be *much* higher”.
“My offer was based on the accuracy of Twitter’s SEC filings,” Musk wrote. “Yesterday the CEO of Twitter publicly refused to show proof of <5%. This deal can't move forward until it does."
It’s unclear how Musk arrived at the 20% figure. He and Agrawal exchanged a series of tweets on Monday about the issue of fake accounts.
“We suspend more than half a million spam accounts every day, usually before you even see them on Twitter. Every week, we also lock millions of accounts that we suspect are spam, if they do not pass human verification tests (captchas, phone verification, etc.),” Agrawal wrote.
The Twitter CEO also said the company estimated “every quarter” that less than 5% of monetizable daily active users (mDAUs) were spam accounts.
Musk first responded to Agrawal’s 13-tweet thread with a poop emoji and later wrote, “So how do advertisers know what they’re getting for their money? It’s fundamental to the financial health of Twitter.”
There has been speculation that Musk may be using the fake accounts problem to negotiate a better deal for Twitter. Twitter’s share price is now $36.80 per share, significantly lower than the $54.20 per share offered by Musk.
SparkToro defines fake followers as “accounts that are inaccessible and will not see tweets from the account (either because they are spam, bots, propaganda, etc., or because they are no longer active on Twitter).”
The software company’s tool also revealed that Biden’s account had more fake followers than most.
Musk’s account has over 93.3 million followers and SparkToro’s tool found that 70.2% of those accounts are fake.
Musk announced on Twitter on Friday that the agreement to buy the company was “temporarily suspended pending details supporting the calculation that spam/fake accounts indeed represent less than 5% of users.”
Twitter has been reporting this 5% estimate since 2019 and it has been mentioned in the company’s last 11 quarterly reports.
Musk’s decision to suspend the deal sent Twitter’s share price tumbling 15% in premarket trading on Friday.
Newsweek asked the White House and Twitter for comment.


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PeopleFinders.com, the premier online service that helps consumers find anyone, anywhere, announced that it has been selected as a 2010 AlwaysOn Global 250 winner. Inclusion in this list signifies that a company is a leader amongst its peers, using innovative approaches and technologies that are likely to disrupt existing markets and entrenched players in the Global Silicon Valley. PeopleFinders was hand-picked by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value and media buzz.
"After examining the companies that are on the AO Global 250 list, it's obvious that innovation is not only alive and well in the Global Silicon Valley, it's accelerating in economic power and scope." said Tony Perkins, founder and editor of AlwaysOn. PeopleFinders.com was honored as a technological leader in the Consumer Internet category. The website provides reliable and accurate people search, reverse phone lookup, background check, criminal records and other comprehensive reports.
Winners were selected from thousands of domestic and international technology companies nominated by investors, bankers, journalists and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2010 list.
PeopleFinders.com and the other Global 250 winners will be honored at AlwaysOn's eighth annual Summit at Stanford on July 27th, 2010, at the Frances C. Arrillaga Alumni Center at Stanford University in Palo Alto, CA.
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn's preeminent executive event series includes the Summit at Stanford, OnMedia, OnHollywood, Venture Summit Mid-Atlantic, OnDemand, Venture Summit Silicon Valley, Venture Summit East, GoingGreen Silicon Valley, and GoingGreen East. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.
PeopleFinders.com is the premier online service that helps consumers quickly find and connect with anyone, anywhere. The site provides comprehensive services including people search, reverse phone, reverse address, background checks, criminal checks, business ownership and other public records. PeopleFinders.com aggregates and owns billions of records spanning the last 40 years, allowing the site to provide the most complete and accurate results. PeopleFinders.com was founded in 1988 and is headquartered in Sacramento, California.


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Gymboree Bonds Fall as Chief Financial Officer ResignsAdam Janofsky
Gymboree Corp.’s bonds dropped to their lowest level in more than a month after the company’s chief financial officer resigned.
The company’s $346 million of 9.125 percent notes due December 2018 fell 2.9 cents to 63.5 cents on the dollar for a yield of 22.7 percent at 11:52 a.m. in New York, according to Trace, the bond-price reporting system of the Financial Industry Regulatory Authority.
CFO Evan Price’s resignation will take effect July 24, according to a filing today with the U.S. Securities and Exchange Commission. Lynda Gustafson, a senior adviser to the children’s program provider and apparel retailer and a former corporate controller, will serve as the interim CFO, a position she also held from January 2012 to January 2013.
Price is leaving San Francisco-based Gymboree to “pursue another opportunity,” according to the filing.
Allison Malkin, a senior managing director at ICR Inc. In Norwalk, Connecticut, which handles Gymboree’s investor relations, declined to comment on the move, saying the company does not discuss personnel matters.
The bonds dropped to record lows this year, bottoming out at 61.8 cents on the dollar on May 22. Gains made in June, fueled by first-quarter results that surpassed analysts’ forecasts and the company’s announcement that it would have sufficient liquidity to service its debt in fiscal year 2014, have almost entirely eroded.
The company has also been struggling with online competition, falling traffic at the shopping malls where most of its stores are based, and a U.S. birth rate at record lows.
Gymboree’s senior unsecured notes are rated Caa3 by Moody’s Investors Service, a grade that denotes “very high credit risk.” The company has $1.1 billion of bonds and loans outstanding, according to data compiled by Bloomberg.


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For our November live build, we're rolling a gaming PC with NZXT's gorgeous, limited-edition H700 Nuka-Cola case. Afterward, we'll give the case to one of you.
Apple has launched a new program to repair iPhone X screens that experience touch issues. Here's everything you need to know about it.
Amazon has slashed priced on some of Anker's best auto accessories.
Apple has launched an SSD repair program for the 13-inch non-Touch Bar MacBook Pro. Here's everything you need to know.
Amazon's selling the 500GB 970 Evo for $117 right now, which is $30 cheaper than it was last week.
Microsoft announces three versions of the new Surface Go with LTE Advanced, though always-on connectivity will set you back at least $679.
The Ring Stick Up Cam Wired is a strong entry into the indoor security camera space from Ring.
Bose's first smart speaker supports Amazon Alexa today, and promises AirPlay 2 compatibility in 2019.
It's time to explore the cool Pixel-exlusive features you don't get on other Android phones.
You don't have to wait until November 23 for good tech deals: They've already begun rolling out. We'll keep updating this article with new ones as they emerge.
For years, Microsoft has talked up renewing its commitment to PC gaming. Today's announcements might actually keep that promise.
Plus: Launch trailers for Battlefield V and Hitman 2, a release date for Tannenberg, and...that's pretty much it. This is gaming news for November 5 to 9.
Amazon is selling the versatile Logitech K780 keyboard for $45, which matches an all-time low.
The Vive Focus is coming stateside with a $599 price tag, and that's too much for what HTC's offering.
iFixit found a few surprises during its teardown of the new MacBook Air, and some of them are surprisingly pleasant.
from our new site, Greenbot