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- Tram Ho
China’s largest chip maker SMIC became the next target on the Commerce Department’s export restricted list. But sources from Nikkei said that for months, the company had stockpiled a large amount of components and chip-making machinery as well as other important parts to minimize the impact of export restrictions.
Many industry sources said that SMIC orders for suppliers in the Americas, Europe and Japan have skyrocketed since the beginning of this year, exceeding the company’s demand in 2020.
Their orders include chip-related machines such as etchers, photoliters, wafer washers and chip checkers. In addition, they also order a large amount of wear and tear components enough to use for a year, to periodically replace the machines that are running or operating periodically. Even many sources say, SMIC also cooperates with other Chinese chip manufacturers to create common stockpiles of such parts.
It seems that SMIC has been learning its customer, Huawei. The telecom giant tried to hoard chips when there were signs that Washington would start to tighten technology export restrictions on the Chinese smartphone maker.
” Even earlier this year, SMIC was in a state of high alert, when the industry realized that the US could tighten its use of American technology from Huawei’s non-US suppliers, which is the The last happened in May this year. “One of the Nikkei sources said. ” They are in a hurry to acquire more spare parts for existing chip-making machines, in order to maintain the supply needed to ensure continuous business under any circumstances .”
A source from the US chip-making equipment manufacturer said SMIC was in a hurry to stockpile machines. ” The company has ordered more machines than it needs for its current expansion plan … We have already shipped some machines, but there are still more machines on the order that must be dispatched by the end of the year. . ” The source said. ” We’re not sure now if we can send them in time, but we do know SMIC is in contact with the US government from the beginning of the year until now .”
Previously, SMIC CEO Zhao Haijun denied that the company was ramping up purchases in preparation for the US government ban, despite its financial reports showing that planned capital costs skyrocketed. $ 6.7 billion, more than double the original target of $ 3.1 billion.
Despite being the largest and most modern chip maker in China today, and seen as one of the key factors in the country’s effort to autonomy technology, it is still heavily dependent on foreign suppliers, especially from the US. SMIC’s largest and most important suppliers include firms such as Applied Materials, Lam Research, KLA and Taradyne of the US, ASML of the Netherlands and Tokyo Electron of Japan.
Even at the end of last year, many sources said that the US government had pressured ASML to postpone the release of high-end EUV chip-etching optical machine to SMIC. This machine can help SMIC to produce chips with a smaller technological process.
SMIC is still focusing on 28nm process chips and older processes. The company only makes small-scale 14nm chips, the most advanced technology made in China, and is only 1 to 2 generations behind the world leaders like TSMC and Samsung. The company’s goal is to remove all US equipment from the 40nm chip production line by the end of this year and reach the 28nm production line within three years. Even so, these are fairly old chip technologies compared to today’s modern chips.
Refer to Nikkei
Source : Genk


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A national railroad strike could potentially take place next week and it has the nation's retailers worried about their holiday season.
"The Christmas shopping season could be severely affected as products destined for stores sit idle at ports or in traffic," a leading retail association said in an appeal to President Obama. It warned the economic effects of a strike would be broad and "linger into 2012."
Earlier this week, talks between the nation's railroads and three of their major unions broke down. While the union representing track maintenance workers was willing to accept an extension, the unions representing locomotive engineers and dispatchers were not.
"If an agreement is to be reached, it is now, not some time down the road," said Dennis R. Pierce, president of the Brotherhood of Locomotive Engineers and Trainman, in a statement issued after his union declined to extend the time for talks.
Agreement from all three unions was required to extend the talks. Without it, the railroads are free to institute a lockout or railroad workers to go on strike Dec. 6.
"During the busiest shipping and travel period of the year, a nationwide disruption of rail service would deal a crushing blow to our nation’s economy, potentially costing our country $2 billion a day,” A. Kenneth Gradia, the railroads’ bargaining representative said in a statement.
Efforts are already underway in Congress to step in and prevent a strike, Congressional newspaper The Hill reported. These resolutions would either impose a "cooling off" period for negotiations to possibly continue or impose the recommendations of a Presidential Emergency Board that stepped in earlier to resolve disputed points in the negotiations.
Railroads are the main source of transportation for bulk freight like coal and wheat. But they also have become a vital link in the transport of retail and manufactured goods, thanks to the advent of intermodalism, where goods are packed in large containers that are transferred between ships, trucks and trains.
"A national railroad shutdown would force retailers to shift the delivery of their goods to trucks, increasing costs, time of delivery and congestion on our nations already crowded roadways," the Retail Industry Leaders Association claimed in its letter to Obama, asking him to pressure Congress into imposing a settlement.
A national strike would affect over 90 percent of the freight moving in the country, according to the industry's trade group. Commuter lines running on freight lines would be affected, as would Amtrak trains running outside the Northeast Corridor (which is directly owned by the government carrier).
The last major rail strike was in 1992. Congress ended it after 2 days.

domain: news


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On Saturday October 14th, the 50 Shades of Pink Foundation, founded by award-winning OBGYN and tv personality Dr. Jackie Walters, presented its 5th Annual Fashion Show Fundraiser in honor of Breast Cancer Awareness Month in Atlanta, Ga. Atlanta City Hall was immaculately transformed into a pink wonderland of chic decor and “Great Gatsby” glamour, as over 200 guests – dressed in 1920s flapper-style attire – filled the Atrium to celebrate the breast cancer survivors and supporters featured on the runway.
The event began with a heartfelt poem by Hank Stewart followed by welcome remarks from Atlanta Municipal Court Judge and honorary event chair Terrinee Gundy and 50 Shades of Pink Foundation executive director Gary Andrews. Andrews then introduced the evening’s host — actor/author/philanthropist Hi
ll Harper, who shared his story of being diagnosed with cancer several years ago.
The fashion show opener was a lively tap dance routine by Chloe Arnold’s Syncopated Ladies, after which, dozens of beautiful models strutted the runway in designs by Linda Bezuidenhout and Bramer Leon Couture. The sight of the models – many of whom were recent cancer “warriors” – was inspiring and illustrated the foundation’s mission of catering to the emotional well-being of breast cancer patients and their families.
After the fashion presentation, Hill Harper and Dr. Jackie led an auction to find individual donors to sponsor the 50 Shades of Pink’s signature Gift Basket Program, which provides women with critical items needed to look good and feel good during treatment. The auction resulted in funding for over 100 women to receive baskets.
Atlanta Mayor Kasim Reed closed the program with a surprise check for $20,000 to the foundation to further their efforts to bring comfort and care to breast cancer survivors. Special guests in attendance were Atlanta City Councilwoman Keisha Lance Bottoms, “Married to Medicine” stars Dr. Heavenly Kimes, Mariah Huq, Curtis Berry and many more.
Sponsors of the 50 Shades of Pink Fundraiser were Ford Motor Company, The Cochran Firm, Coca-Cola, Jack Daniels, All N One Security Services and JMW Entertainment.
Special thanks to event executive producer Eboni Cummings,S.T.E.P.S. Events and the City of Atlanta.
For more information on the 50 Shades of Pink Foundation, visit 50ShadesofPinkFoundation


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If you didn’t look at the markets until 4:05pm on Monday, not much happened.
January 24 was “one of those days that will look like a blip in the market’s historical record,” DataTrek’s Nicholas Colas wrote in a note. “However, if you were looking at the screens during the day, you won’t soon forget today’s action.”
The Cboe Volatility Index (^VIX) surged as high as 38.94 — highest since October 2020 — and the S&P 500 sank 3.8% by around 12:30pm before surging back to finish up 0.28%. The Nasdaq (^IXIC) fell nearly 5% in midday trading before ending in the green while the Dow (^DJI) ended the day up 99.13 points (+0.29%) after falling more than 1,000 points intraday.
LPL Chief Market Strategist Ryan Detrick pointed out that while the market has dropped as much as it did Monday 88 times since 1950, yesterday “was only the third time stocks closed higher when the dust settled. (Both of the others were Oct '08).”
Retail investors were a key driver of the selloff, according to Bloomberg reporting of JPMorgan data. At the same time, according to Colas, "retail investors were out in force today and buying this pullback.”
Retail investors and a 'spasm of panicked selling'
Throughout the pandemic, which was characterized by the rise meme stocks like GameStop (GME) and new platforms like Robinhood (HOOD), retail investors have been exerting a balancing force on the market by stepping in to buy amid market dips.
“We use Fidelity’s data of most-traded names as a proxy for this cohort’s activity,” Colas wrote, referring to Fidelity's tracker of self-directed retail investors. "Order volumes were on average 2-3x higher than in recent days," with top names including Tesla (TSLA), the 3x Nasdaq ETF TQQQ, Apple (AAPL), and Nvidia (NVDA). GameStop and AMC (AMC) were also bought significantly more, suggesting that retail investors were even snapping up meme stocks in afternoon trading.
Other data suggested heavy selling from retail investors in the morning, as reported by Bloomberg: "In a spasm of panicked selling early Monday, retail investors offloaded a net $1.36 billion worth of stock by noon, most of it in the first hour, according to data compiled by JPMorgan Chase & Co. strategist Peng Cheng."
In any case, flashes of bearishness may actually be a good thing if recent history is any indication: RBC Capital Markets Head of U.S. Equity Strategy Lori Calvasina pointed out that a recent sentiment survey from American Association of Individual Investors showed that bullish sentiment among retail investors reached the lowest since July 2020 and pessimism reached the highest since September 2020.
On August 18, 2020, the S&P closed at a record high for the first time after the pandemic-fueled crash in March 2020, and markets continued rising consistently until the turbulence of early 2022.
"That is something that gives me a lot of comfort," Calvasina said on Yahoo Finance Live (video above), "that even if we haven't seen the downward move play out fully yet, we are still going to make modest gains in this market before the end of the year."


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Addressing the media online, Kejriwal said 47 people have died of COVID-19 so far, adding that 83 per cent of the deaths were related to co-morbid conditions.
Kejriwal also said the government will start COVID-19 testing for mediapersons from Wednesday.
"We have set up a centre. All media houses and journalists will be informed about it. Interested mediapersons can undergo tests from tomorrow morning at the centre," he said.
The chief minister said his government has also decided to provide free-ration to around 30 lakh people who do not have ration cards, asserting that there are currently 71 lakh beneficiaries of public distribution system and they are being provided free-ration by the government.
Government will also distribute kits of daily-use items such as soap, oil, sugar, turmeric and salt along with ration for the month of May, he said, adding that it will start it from April 27 or April 28 onwards.
"The Delhi government has prepared a plan of food security for the needy. We will provide free-ration to around one crore people and it means we will be providing ration to half the population of Delhi," Kejriwal said.
The chief minister said the government has also decided to give 2000 food coupons each to every MLA and MP for distribution among the needy in their respective constituencies.
"Every MLA and MP will distribute food coupons to those who did not have ration cards and could not apply for the same online. Those people getting e-coupon will also be given kits of daily-use items," he also said.
There are 1,603 active coronavirus cases in Delhi, while 47 people have died of COVID-19 so far, Kejriwal said, adding that 83 per cent of the deaths were related co-morbid conditions.
He said with a rise in the number of COVID-19 cases, the Delhi government will procure 60 new ambulances and an order has been issued for the same.
Out of 1,397 samples taken, 78 were found infected with COVID-19 on Monday, he said.
Kejriwal requested people to take extra care of senior citizens those aged above 60 and not to allow them to step out of houses.
He said 47 people have so far died of COVID-19, adding that 80 per cent of people, who died, were aged more than 50.
The total number of coronavirus cases in Delhi rose to 2081 on Monday, with 78 fresh cases and two deaths being reported in a day. BUN TIR TDS TDS
- Front Page
- Pure Politics
- Sumitomo Mitsui, 4 Others Sought Info on IDBI Sale
Sumitomo Mitsui Financial Group and one other global bank are among five potential investors that have sought information from the Centre about the sale of state equity in IDBI Bank through a formal query process that closed on November 10, people familiar with the matter told ET.Flipkart may go in for $700m Esop Buyback
Walmart-owned homegrown ecommerce marketplace Flipkart is likely to facilitate a $700 million employee stock buyback as part of digital payments platform PhonePe’s new financing round, multiple sources briefed on the matter told ET.Falling Input Costs may Cool Prices of Essentials, Apparel
Prices of groceries, daily essentials and apparel are likely to fall over the next two quarters as input costs are expected to decline, spurring sales in the process, according to consumer goods makers.
Download The Economic Times News App to get Daily Market Updates & Live Business News.
ETPrime stories of the day
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Thanks to the opening of a high-tech slaughterhouse complex in Novovolynsk, which is owned by Gubin Poultry Complex LLC, which is part of the Pan Kurchak Agropromgroup, it will be profitable to raise chickens. After all, here the farmers of the western region are offered a new form of cooperation, which has long been successfully cultivated in European countries, in particular, neighboring Poland. There, farms are engaged in a narrow field and work, for example, only on raising chickens. Instead, Ukrainian farmers need not only to raise poultry, but also to take care of the next steps, such as slaughter, processing, marketing, and so on. And all this, accordingly, complicates the poultry business.
Meanwhile, with the opening of a new slaughter complex, farmers in the western region engaged in poultry farming have gained new opportunities. After all, it is twice as powerful as the current one and is designed to slaughter 17 million birds a year. This allows Gubin Poultry Complex LLC not only to expand its own production facilities, but also to offer processing according to European standards of purchased raw materials. Therefore, from now on, small poultry farms in the western region can expand their own production without risks. They will not have to invest in the construction of slaughterhouses, processing, cooling, freezing and packaging of products, as the powerful complex in Novovolynsk adheres to international standards and guarantees the European level of quality. At present, Gubin Poultry Complex LLC works with farmers of Volyn, Rivne, Zhytomyr, Ternopil and Lviv regions on such mutually beneficial terms. In the future – cooperation with farmers from other regions. After all, the capacity of the newly built complex allows in 2015 to process almost 12 thousand tons of chicken from other producers. And this is 4 times more than last year.
In addition, the owners of poultry farms received a comprehensive offer from LLC “Poultry Complex” Gubin “. Yes, they are given chickens, balanced feed, veterinary drugs and, accordingly, guaranteed sales. Meanwhile, their task, following the appropriate technology, to ensure quality fattening of chickens. For which they make a profit.
In total, Gubin Poultry Complex LLC, which is part of Pan Kurchak, plans to produce and sell more than 34,000 tons of broiler chicken products this year. This is 71% more than in 2014. This result will be achieved by increasing the volume of processing of toll raw materials and expanding its own capacity. In particular, the construction of 10 additional poultry houses in Kholopychi is already being completed. After their commissioning, Gubin Poultry Complex LLC will be able to plant 1,850,000 broiler chickens at a time.
Due to capacity building, Gubin Poultry Complex LLC is among the leaders in chicken production in the western region.


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Today, Google announced an update to its Google My Business mobile app intended to to give more control to business owners on the go by allowing them to do things like respond to reviews, and view call analytics.
Previously, with the Google My Business app you could only perform rudimentary tasks like updating business information and posting to Google+.
The changes announced today make the app better for both business owners and customers. Business owners get notified immediately when a customer leaves a review, which means customers can (potentially) receive an immediate response and know they’re being listened to.
Business users have told us how much customers appreciate a response, so we are also making it possible to respond to Google reviews in the app, along with real-time alerts if you want to keep a pulse on your reputation online.
This also allows business owners to be more in tune with what customers are saying about them online. While you might not have time sit down and read your latest business reviews on a desktop or laptop, it might be more convenient for you to read push notifications on a smartphone.
Another new feature introduced to come along with this update are the ability to view Call Analytics from within Google My Business, this is a new feature to both the mobile and desktop versions of the service.
When people find you on Google, you can see when they call or from where they get driving directions, so you can be prepared for that next manic Monday rush.
According to Google, the updates to Google My Business are rolling out over the next few days. As is the case when Google updates one of their apps, Android users will be receiving it first, followed by iOS some time in the near future.


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Though top analyst Brian White at Monness Crespi gives kudos to Snap for luring such a strong base among millennials – the usual Achilles’ heel for advertisers – the analyst still points to caution amid his optimism on the tech player. This tech darling may have won over the millennials to its budding user base, but White points out last year as a rocky period in terms of financial quarterly shows and daily active user (DAU) growth execution.
As such, the analyst transfers coverage of Snap with a Neutral rating without suggesting a price target.
“We are taking a conservative stance on Snap as we want to see more progress in delivering financial results that at least meet Street expectations, combined with further DAU execution as was delivered in 4Q17, continued improvement with Android and more granularity around the impact of the Snapchat redesign. Although 2017 proved to be challenging time for Snap given weaker than expected quarterly results on no guidance from the company, we believe the company offers a differentiating experience for its users and the Snap brand remains very strong with millennials,” asserts White.
Encouraging points for White boil down to Snap’s popularity as “the Pied Piper of the Millennials,” as well as an enticing play in the virtual reality (VR) arena. Already, Snap is a compelling play on the Augmented Reality (AR) trend, White notes, adding that this is a trend still in its opening innings- yet once development matures, this trend could prove to be even more meaningful than VR in the next years. In terms of popularity between users 18 to 34 years old, White writes, “Millennials are not easy for advertisers to reach over traditional media platforms such as TV but Snap is recognized as one of the most popular mobile applications for this demographic. […] Thus, the company is able to tap into the most desirable, largest and most difficult to reach generation.”
Fresh innovations will be crucial for this tech company, argues White, who sees this as a key driver for better engagement, translating down the line hopefully to an encouraging rise in ad dollars. This year’s main points of focus for the company from White’s stance are user gains, AR, and content, and he highly anticipates 2018 to follow 2017’s track of mounting new innovations for the platform.
This year, the analyst looks for a 55% increase in sales to $1.28 billion from the tech darling and a 48% rise in sales by next year to $1.89 billion. However, the analyst likewise is all too aware of last year’s challenges, which sank shares 17% from its initial public offering price last March- and shaved off 52% from the company’s best high. Overall, though White stands sidelined for now, Snap still shines as the “fastest growing company” in his coverage universe, as he angles for the quickest revenue gains from the company in 2018.
Brian White has a very good TipRanks score with a 68% success rate and an impressive ranking of #65 out of 4,767 analysts. White garners 15.6% in his annual returns. However, investors who follow White’s recommendation on SNAP will lose an average of 4.1% in losses on the stock.
TipRanks indicates analyst consensus backs White’s cautious opinion on Snap’s market opportunity. Out of 22 analysts polled in the last 3 months, Wall Street is split between the bulls, the bears, and the sidelined: 6 rate a Buy on Snap stock, 10 maintain a Hold, while 6 issue a Sell on the stock. However, optimism is baked into these analysts’ expectations when looking at the consensus average price target of $15.92, which reflects nearly 6% in return potential for Snap stock.


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Protest today against essentials’ MRPs being lifted
- Import tax on rice reduced
BY Dinitha Rathnayake
Consumer rights activists are to conduct a silent protest today (5) in front of the Consumer Affairs Authority (CAA) due to the extraordinary gazette issued removing maximum retail prices (MRPs) imposed on certain essential commodities.
Speaking to The Morning, consumer rights activist Asela Sampath said the silent protest will last for one hour from 10 a.m. to 11 a.m. Groups and unions representing three-wheelers, motorcyclists, estate workers, lotteries, and entrepreneurs are expected to participate.
“We don’t need Trade Minister Dr. Bandula Gunawardana, the Trade Ministry, and the CAA to lift or increase the prices of essential items according to the whims and fancies of the business community. We request all of them to step down since they only want the public to remain in hunger,” he claimed.
The Government has removed the retail price cap on several essential commodities through a recent extraordinary gazette notification, thereby cancelling the gazette notifications previously issued imposing MRPs on such.
As such, the retail prices of dhal, sugar, sprats, green gram, potatoes, big onions, canned fish, chickpea, wheat flour, milk powder, dried fish, coconut, chicken, maize, dried chillie, Maldive fish, and corn have been removed through the new gazette.
The CAA said the gazette is effective from Wednesday (3).
The following seven gazette notifications previously published by the CAA have been rescinded by the new communiqué:
- Order No. 39 published in Gazette Extraordinary No. 1975/68 on 14 July 2016 for MRP on chickpeas, wheat flour, and imported milk powder
- Order No. 40 published in Gazette Extraordinary No. 2003/44 on 27 January 2017 for MRP on dried sprats, green gram, and imported potatoes
- Order No. 48 published in Gazette Extraordinary No. 2048/30 on 6 December 2017 for MRP on dried fish, coconut, dried chilies, Maldive fish, and several other items
- Order No. 59 published in Gazette Extraordinary No. 2166/29 on 12 March 2020 for MRP on chicken
- Order No. 60 published in Gazette Extraordinary No. 2166/30 on 12 March 2020 for MRP on corn
- Order No. 61 published in Gazette Extraordinary No. 2167/9 on 17 March 2020 for MRP on masoor dhal, big onions, and canned fish
- Order No. 76 published in Gazette Extraordinary No. 2243/13 on 2 September 2021 for MRP on white sugar and brown sugar
Meanwhile, the special commodity levy on imported samba, nadu, and raw rice has been amended, the Ministry of Finance announced yesterday (4). Accordingly, the import tax on rice, which previously stood at Rs. 50-60, has been reduced to 25 cents per kilogramme.


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CHICAGO: Ford announced on Tuesday (Mar 28) that it will invest US$1.2 billion in three Michigan plants, most of which is part of a 2015 deal with its workers.
|Ford's new investments will be made in three Michigan locations, with US$850 billion going to its Michigan Assembly Plant to retool it for making new Ranger pickup trucks starting late next year, and Bronco sport utility vehicles in 2020. (AFP/SAUL LOEB)
Ford said all but US$200 million of the new investment was part of its labour contract with United Auto Workers, the union representing Ford plant employees, which secured a commitment for US$9 billion in investments in US plants by 2019.
But the Trump administration appeared to be taking at least partial credit for the news.
President Donald Trump, who has repeatedly singled out the auto industry and pressured them to keep plants and jobs in the country, foreshadowed the news in a morning tweet.
And White House advisor Kellyanne Conway wrote on Twitter, using the common acronym for the US president: "Two weeks after @POTUS met with auto execs... Ford plans 'significant' investments in 3 plants."
Trump visited Michigan earlier this month, where he met with auto executives and pledged to roll back auto regulations. He also hinted that a major announcement would be forthcoming.
But in announcing the new investment on Tuesday, Ford and UAW clearly credited their 2015 labour agreement.
"Thanks to collective bargaining, the hard-working men and women at each of these locations will now reap the full fruits of their labour," UAW-Ford Vice President Jimmy Settles said in the statement.
Ford's new investments will be made in three Michigan locations, with US$850 billion going to its Michigan Assembly Plant to retool it for making new Ranger pickup trucks starting late next year, and Bronco sport utility vehicles in 2020.
Ford also will spend US$150 million to expand an engine plant, where it will create or retain 130 jobs, and US$200 million to build a data centre for the increasingly technology-heavy vehicles, the company said in a statement.
The US$9 billion investment commitment applies to the UAW contract period through 2019, and the company is about half way there, Ford spokeswoman Kelli Felker told AFP.
"So far we have announced more than US$4.7 billion of investment," she said, but the data centre was not included in the contract as it does not included any new jobs.
The company in January announced a US$700 million investment in its Flat Rock Assembly plant, where it will add 700 new jobs.
In criticising free trade agreements and the outsourcing of manufacturing jobs, Trump has previously singled out auto makers, and threatened tariffs on imported cars.
During his Michigan trip, Trump also announced that he is freezing future vehicle emission targets, responding to the auto industry's request to revisit rules implemented by the administration of Barack Obama.
Trump told a round-table of automotive chief executives that he would help them if the relationship ran both ways. "We're going to do some wonderful work with you but you're going to have to help us with jobs," he said.


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Zomato, a pioneer in restaurant search and discovery has announced it raising $60 million in a latest round of funding led by Temasek, Singapore-based investment company along with the existing investor Vy Capital. This totals the overall funding to $225 million which has been secured from Info Edge, Sequoia India, Vy Capital and now Temasek.
Founder and CEO of Deepinder Goyal said, “We will use this round to make investments in our new businesses such as online ordering, table reservations, point of sales and our newly launched Whitelabel platform. With this round and with some of our markets turning profitable recently, Zomato is well capitalized for at least two years. We are also stoked to have Temasek partner with us and are looking forward to building one of the largest food-tech companies in the world.”
The Zomato’s biggest investor Info Edge which would own 47% stake in company after the closing of this deal did not take part in the recent funding round, according to a statement. However, people familiar with the information say that Zomato is looking for bigger investment and this round of funding is only a means to gain some quick money into the business. Sanjeev Bikhchandani, founder and executive vice-chairman Info Edge said, “Zomato’s appetite for capital has gone up and given the size of our balance sheet, we need support from other investors.”
With the fresh funds, the company plans to invest in new business verticals like food ordering and delivery etc., Goyal added, “In the next 3-4 months we will focus on growing our services business in the countries that we are present in. We are not looking to expand into more than two new countries.” No details have been revealed regarding the two new countries.
Around a week ago, Zomato acquired two hyper-local market Gurgaon-based Pickingo and Mumbai-based Grab as strategic move to help in last-minute delivery for restaurants. Also, Zomato new launch of Whitelabel Platform, a suite of technologies for restaurants to operate business on the Internet and to launch custom-branded native mobile apps. With the new feature, restaurants can avail push notifications, real-time information and menu management and marketing tools.
Founded in 2008, Zomato functions with more than 3000 employees in 22 countries. Since its launch, it has managed to organize detailed restaurant information for 1.4 million restaurants. The company claims to have more than 90 million visits across its web and mobile app every month. Of late, the company is said to be doing profitable business. Soon the company is set to launch table reservation services Zomato Book, point-of-sale system Zomato Base and slowly rolling out their new Whitelabel platform across various countries.


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An excellent example of why the medical device and diagnostic sectors are so highly regulated can be seen in the recent retirement of the Genrui Antigen tests.
Unfortunately, Germany has continued to sell the tests from the chinese manufacturer Genrui despite thousands of complaints about false positives already in Autumn 2021.
According to the investigation of Zeit.de, it appears that the tests were probably not tested against cross reactions to some common bacteria. This kind of shameful quality deficit also doesn’t show in the few comparison studies on antigen tests authorised for sale in the EU.
It is to be noted, that the only evidence required until now for an authorisation to sell COVID antigen tests comes from the manufacturer itself. It is a welcome development that this is going to change soon.
I suffered a false positive myself, like many thousand of other europeans, when I used a few of these tests. We used four of them, and two were false-positives!
This lead to postponement of a family meet-up, an expensive, improvised, trip to get home ASAP, and a few days of quarantine before I was certain of the false positive.
One can only imagine the total economic and emotional costs of the thousands of false positives that these tests have produced.
In the case of Germany, these tests were mandated in Schools, causing stress and trauma to innumerable children and their families that had to put everything aside in order to organise quarantine and negative PCR tests. In my opinion, this should result in the companies responsible (Genrui Biotech Inc and Lotus NL BV) from being banned from doing buisness in the EU.
Although this is a scandal, this is not a reason to write off Antigen Tests in general. When it comes to medical and diagnostic technology, not all manufacturers are the same. There are huge differences, and doing things right requires more effort than quick and dirty.


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NBA 2K11 Slam Dunks With Move, Shoots a 3D Pointer
A game featuring his ‘Airness’, Michael Jordan on the cover couldn’t possibly get any cooler could it? Well 2K Sports looks to test that theory as they have revealed that the upcoming NBA 2K11 will support not only the PS Move but also 3D.
While there hasn’t been anything said on the specifics of just how it all will work, IGN has learned that the Move will be used in shooting, passing, blocking shots, stealing and dunking. This will make for an interesting wrinkle in the game when it releases October 5th and we are sure to hear even more news on the game leading up to its release.
So are you excited by the prospect of possibly getting deeper into the game and stepping out onto the court?


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CalAmp (NASDAQ: CAMP) released fiscal fourth-quarter 2019 results on Tuesday after the market closed, highlighting lighter-than-expected revenue growth but solid profitability and a number of intriguing acquisitions as the company continues to transition toward its promising recurring subscription and software-as-a-service (SaaS) model.
With shares of the machine-to-machine communications company down around 9% in after-hours trading, let's dig in for a better idea of how CalAmp ended its fiscal year and what to expect in the coming quarters.
IMAGE SOURCE: GETTY IMAGES.
CalAmp results: The raw numbers
Fiscal Q4 2019*
Fiscal Q4 2018
GAAP net income (loss)
GAAP earnings (loss) per diluted share
DATA SOURCE: CALAMP. *FOR THE QUARTER ENDED FEB. 28, 2019. GAAP = GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
What happened with CalAmp this quarter?
Adjusted for items like restructuring costs, stock-based compensation, and -- perhaps most notable -- the benefit of a $16.3 million reversal of a litigation provision this quarter following a favorable ruling in a patent infringement case brought by Omega, CalAmp's (non-GAAP) earnings were $9.4 million, or $0.28 per share, down from $0.30 per share in the same year-ago period.
Adjusted EBITDA fell 16.4% to $10.9 million.
These results were mixed relative to CalAmp's latest guidance (provided in December), which called for higher revenue of $86 million to $92 million, EBITDA of $10 million to $14 million, and adjusted earnings per share of $0.23 to $0.29.
Telematics Systems segment revenue declined 16.5% year over year to $65.4 million, driven by lower MRM telematics and legacy LoJack stolen vehicle recovery product sales.
Software and subscription services revenue climbed 18% to $19 million, driven by higher fleet management and LoJack subscription service sales.
Similar to last quarter, revenue growth was also hindered by "lingering supply chain challenges" as the company transitions away from Chinese manufacturers in an effort to offset the impact of tariffs.
Worldwide subscribers exceeded one million, driven by the recent acquisitions of Tracker Network, Synovia Solutions, and Car Track.
CalAmp repurchased $10 million of common stock under its $20 million repurchase program during the quarter.
What management had to say
CalAmp CEO Michael Burdiek spoke to the mixed results:
While we are disappointed by our fourth quarter revenue coming in below guidance, we remain on track in our transformation to a SaaS solutions provider with 20% organic revenue growth for the year. Organic growth initiatives, in addition to our three recent acquisitions, put us on course to record $30 million a quarter in Software and Subscription Services recurring revenue by the second half of our current fiscal year, supported by a base of more than one million subscribers worldwide.
For the first quarter of fiscal 2020, CalAmp expects revenue of $84.5 million to $89.5 million -- down from $94.9 million in the same year-ago period -- with adjusted EBITDA of $6.5 million to $9.5 million and adjusted net income per share of $0.06 to $0.12. Most analysts were looking for fiscal first-quarter earnings of $0.25 per share on revenue closer to $91 million.
Looking out to the full fiscal-year 2020, CalAmp sees software and subscription services revenue climbing to roughly $120 million to comprise more than 30% of its total sales. Telematics System revenue will fall between $25 million and $30 million from $287.4 million last fiscal year -- which equates to an approximate fiscal 2020 revenue guidance range of $382.4 million to $387.4 million, up from $365.9 million in fiscal 2019.
To be fair, the market was already well aware of the acquisitive contributions thanks to financial details CalAmp shared shortly after its Synovia acquisition earlier this month. But between CalAmp's light fiscal Q1 guidance and with shares having rebounded nearly 20% from their March lows, the stock is unsurprisingly pulling back in response.
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If you're going to dream, dream big.
Cadillac's new president, Johann deNysschen, envisions a $250,000 ultra-luxury car in the brand's showroom one day, a prospect that seems hard to fathom for a carmaker still struggling to find its footing among European rivals in the $40,000-$50,000 price range.
But deNysschen, the former president of
“It’s too early today for a $250,000 Cadillac, but in 15 years it won’t be," he said in an interview at the Los Angeles Auto Show. "We have to earn our worth."
In his first three months in Cadillac's top job, deNysschen has already made some big moves: a plan to relocate the brand's headquarters to New York and a new naming strategy for its model lineup, similar to the letters and numbers used by European luxury brands. At the L.A. show, he unveiled high-performance versions of the ATS-V sedan and coupe, which will go head-to-head with the BMW 3-series M sport.
The cars are offered with a six-speed manual transmission that includes a new feature Cadillac calls “no-lift shift.” Drivers will be able to keep their foot flat on the floor, rather than lifting off the accelerator to change gears.
It's an apt metaphor for
It starts with the CT6 sedan which goes on sale next year. It will compete with short-wheelbase versions of the BMW 7-series, Audi A8 and Mercedes S-class. But deNysschen noted that most of the sales of those European models are longer-wheelbase models, which creates room for Cadillac to add a larger, top-of-the-line model that will sell "well above $100,000."


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Federal election regulators released new details Wednesday about Republican presidential candidate and celebrity businessman Donald Trump's wealth and financial holdings, ..
Texas Instruments Inc reported a 1.8 percent fall in quarterly revenue, hurt by weak demand for its chips for communications equipment. The company's revenue fell to $3.2 ..
Wall Street declined for a second straight session on Wednesday as the technology sector fell on disappointing results from giants including Apple. Apple shares slumped 4.3 pe ..
Wal-Mart Stores Inc. will start closing some of its 24-hour supercenters for at least a few hours each night, aiming to use the time to better stock shelves and organize store ..
Analysts, for the most part, remain as upbeat as ever on Apple after investors knocked more than $65 billion off the company's market value in initial reaction to the com ..
A panel formed at New York Governor Andrew Cuomo’s behest recommended that the minimum wage for fast-food workers be raised to $15 an hour by 2018 in New York City and three y ..
Daimler's (DAIGn.DE) Mercedes-Benz is confident of a good second half of the year in China, despite problems experienced by rivals, a board member told a German online ma ..
Greek Prime Minister Alexis Tsipras sought on Wednesday to contain a rebellion in his left-wing Syriza party ahead of a vote on a second package of reforms required to start t ..
U.S. oil futures closed below the psychologically important $50 level-possibly signaling more declines to come and a retest of the March lows. ..
CHICAGO/NEW YORK (Reuters) - Package delivery United Parcel Service Inc (UPS.N) is in talks to buy Chicago-based Coyote Logistics LLC for at least $1.8 billion, a source famil ..


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domestic Internet lottery industry experienced a purge in recent years, the most severe. As of March 1st, the major domestic Internet sales of color sites have been suspended color business. The large-scale "sale" why? At present, but regulators did not There were many discussions. Public opinion, to speak publicly on the matter.
2014, the domestic Internet lottery market size reached 85 billion yuan, involving a number of listed companies. After the whole industry stop sale, the future of this huge industry how to develop doubt.
in the capital market, there are only more than and 20 lottery stocks listed in the United States, including the 500 lottery network, A shares Hongbo shares, Anne shares, Yao Ji poker, Hong Kong stocks, the CLS holdings shares, the first video and so on, the idea of supervision is not clear, also let many investors have entered a "policy gamble".
85 billion industry was halted
the "large-scale sale", let a 85 billion industry development halted.
Chinese lottery industry salon founder Su Guojing told reporters on the Beijing News, this is not directly said the Internet lottery is illegal and blocked, no similar notice of sale, but by the way of self correction cut off source of lottery products supply.
The reason why
is regulated in such a way, perhaps because of the complexity of the Internet sale of color in the law.
sales by way of the Internet lottery, was once considered to be illegal, but as of 2010 the Ministry of Finance issued the "Interim Measures" of the Internet sales of lottery management, Internet marketing has been formally identified as a kind of lottery sales model, put forward 6 requirements on the Internet and agents, including the registered capital of not less than 50 million yuan. The measures also stipulates that without the approval of the Ministry of finance, any unit shall not carry out Internet sales of lottery business."
in September 29, 2012, the Ministry of Finance issued a "notice", agreed to the State Sports General Administration of Internet sales of sports lottery in the two companies are in the pilot, the company’s operational management lottery lottery website Chinese SMG network Sky News’s easy lottery web site 500.
Although only two
sites get pilot approval, but with the rapid development of the market, including Taobao, Tencent, NetEase, lottery lottery lottery, the Internet sale of color platform have been rising, according to the lottery industry consulting firm Pantone consulting data, the current domestic Internet lottery sales site has reached more than and 300.
in January 15, 2015, the Ministry of finance, Ministry of civil affairs and the State Sports General Administration issued the "notice on Relevant Issues concerning the unauthorized use of behavior to carry out the work of self-examination and self correction of Internet sales of lottery". In February 25th, the first day after the Spring Festival holiday, the State Sports General Administration issued the "notice" on the practical implementation of the General Administration of sport lottery fund audit opinions to strengthen the sports lottery management, as of January 15th the "self correction" file in response to.


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Burger lovers looking to try the next big thing can drop by Popeye’s restaurants in Singapore.
That’s because they have brought back their world-famous Popeyes Chicken Sandwich that has sparked long queues and raving reviews when it launched in the states a while ago.
Popeyes Chicken Sandwich
The Popeyes Chicken Sandwich secret lies with the buttermilk fried chicken between a brioche bun buttered with the same ingredient used in Popeye’s signature biscuit snack.
The burger also comes with fresh pickles and drizzled with spicy cajun sauce.
According to Popeyes Singapore, locally-sourced thigh meat will be used instead of chicken breast to cater to Singaporean taste buds.
Originally available only for a limited period earlier this year in Oct and Sept, Popeyes has since brought back the Chicken Sandwich and is currently available at all outlets, likely to be a limited-time run as well.
Popeyes Singapore did not specify any end date this round, but you might want to head down soon before it’s gone again.
Here’s are photos of the famous burger IRL from Instagrammers worldwide.
Going Popeyes now.


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(Adds detail, AstraZeneca deal)
JOHANNESBURG, Sept 14 (Reuters) - South Africa's Aspen Pharmacare expanded its anaesthetic drugs portfolio with a $766 million deal with AstraZeneca after reporting a 46 percent jump in annual profit.
Aspen, a drugmaker with operations in 50 countries, has looked to anaesthetics to increase sales, building up its business in the past year with the commercial rights to AstraZeneca drugs and products from GlaxoSmithKline.
The company said profits were helped by a 7 billion rand ($532 million) revenue boost from its anaesthetics portfolio in the year to the end of June. Total revenue was up 16 percent to 41.2 billion rand.
The deal with AstraZeneca covers the U.S. rights to a portfolio of anaesthetics a year after Aspen bought the rights in other parts of the world.
The price comprises an upfront $555 million and performance related payments of up to $211 million, Aspen said.
"By acquiring the underlying intellectual property (Aspen) is best placed to maximise the value of this portfolio, including through the development of additional products and markets, leveraging the intellectual property that it will own," it said.
Aspen estimates the transaction will be complete during the final quarter of 2017.
The company also paid $370 million for GlaxoSmithKline's anaesthetics drugs in February.
The drugmaker posted headline earnings per share of 1,299.5 cents for the year to end-June, up from 889 cents a year earlier.
Headline earnings per share strips out certain one-off items and is the main profit measure in South Africa.
Profits were also supported by firmer sales in Aspen's home market during the second half of the year.
"In South Africa, a strong turnaround in the second half lifted the full year private sector performance by 9 percent, while the public sector edged up 1 percent to 1.5 billion rand," the company said.
Shares in Aspen were up 1.5 percent at 289.23 rand by 0750 GMT, compared with a 0.5 percent drop in the Johannesburg securities exchange's benchmark Top-40 index. ($1 = 13.1472 rand) (Reporting by TJ Strydom; editing by Jason Neely/Keith Weir)


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The story of how Jerry SandersJerrySanders was left for dead in a Chicago dumpster after being on the wrong end of a gang fight is now a chip industry legend--often retold poorly, but symbolic nevertheless.
As long as Jerry Sanders was at helm of Advanced Micro Devices, one could never consider the chipmaker out of the game. But today the company announced that Sanders is stepping down after some 30 years at the helm. President Hector Ruiz, a longtime Motorola executive who joined AMD last year, will take over when Sanders departs in 2002.
Sanders, 64, is AMD. The protracted battle he has fought with chip giant Intel has been one of the epics that made the chip business interesting. And just when AMD was bleeding cash and its future seemed in doubt, its Athlon PC chip brought color back to its face and profits back to its bottom line. It earned a $995 million profit on $4.6 billion in sales last year after losing $93 million on sales of $2.8 billion the previous year.
That Sanders would choose to step down now ensures his legacy. Of course he'll be remembered for the company's bad days, but those with shorter memories will remember the turnaround. It's tough to argue with a strong finish.
What's unclear is how Ruiz will run the company. Often criticized for how he ran Motorola's semiconductors business, his management style is far less known. Ruiz got the job after previous President Atiq RazaAtiqRaza, now head of venture fund RazaFoundries, left AMD in the midst of the company's darkest days of 1999.
But the issues remain the same. AMD still hasn't made much of a dent in getting its chips into the computer bought by big business customers. That problem continues to keep it running in a far-distant second-place behind Intel in PC market share. AMD is still working on its Sledgehammer 64-bit chip for servers and workstations, but even when that's ready to ship, building a business around it will take years. Meanwhile, Intel's Itanium chip is nearly ready.
But while Intel may appear to have won the PC microprocessor war, the battle is not over--not while Sanders and the company he built still live.
More From Forbes
AMD's Heir Apparent Makes His Debut
What Makes Jerry Run?


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Gaming laptops are great for gamers on the move, but are generally more expensive than a comparable desktop PC.
A report published by IC Insights shows that 2017 will register a 40% increase in the price of DRAM modules.
The new Apple A11 Bionic processor in the iPhone X is incredibly powerful, according to a report by HotHardware.
Zotac has revealed its new lineup of Magnus EK and ER Series gaming PCs.
Take a look at this week’s best sales across the country.
HP has unveiled its latest all-in-one desktop PC at its HP Reinvent conference.
Steam has published its Hardware Survey for August 2017, detailing the most popular hardware used by PC gamers on the platform.
Intel has discontinued several 6th-generation Skylake processors, which have been succeeded by the Kaby Lake and Coffee Lake architectures.
This week’s specials include some awesome tech and pc hardware as well as a big Ubisoft sale on the PlayStation Store.
AMD recently launched its Radeon RX Vega graphics cards, with online stores in South Africa listing limited stock of the GPUs.
Gigabyte has unveiled the world’s smallest desktop Nvidia GeForce GTX 1080 graphics card.
Take a look at this week’s specials from around South Africa.
Shuttle has unveiled its latest small form-factor gaming PC, the Nano X1.
AMD’s Radeon RX Vega 56 and RX Vega 64 graphics cards are now for sale in South Africa.
Take a look at this week’s specials from around SA.
Intel has unveiled its next generation of mobile Core processors, designed for slim notebooks and 2-in-1 devices.
ASUS has launched a new budget gaming monitor, the ROG Strix XG27VQ.
Take a look at this week’s deals from around South Africa.
The price of memory used in graphics cards has risen by 30%, according to sources speaking to DigiTimes.
Samsung has launched its new T5 portable SSDs, which boast transfer speeds almost five-times faster than external hard drives.


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Quarantine and Stream
Nearly one third of U.S. adults (31%) added a streaming service subscription during the height of the coronavirus lockdown.
That's according to a report by CreditCards.com.
And 54% who use a streaming service say they used it more in March, April, and May.
More than half (52%) admit to sharing their accounts with people they don't live with...
And when it comes to paying for streaming services, 1 in 4 (28%) of paid subscribers pay little or no attention to what method they use.
Setting and forgetting your streaming payments can lead to overspending.
Copyright 2020 NBC News. All rights reserved.


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Gallery urges resale royalty scheme change
A loophole has been found in the national resale royalty scheme for artists that was introduced in June this year.
Artists attract a 5 per cent royalty payment when their work is re-sold in Australia for more than $1,000.
However, if the art is sold overseas the artist misses out.
The general manager of an Alice Springs gallery, Mbantua, Tim Jennings, says an overseas royalty scheme needs to be set up.
"If a painting sold for say $5,000 in America and it was say Gloria Pitjara, and it sold to somebody else then I think she should get that resale royalty," he said.


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Most would agree that right now Drake is the Golden Child of Hip Hop, I mean the guy literally has executed every move perfectly this year from His Adidas & Nike squabble to a beef with Pusha T & Kanye West where he seems to have dodged the blows from Pusha yet is still taking aim at Kanye in what seems to be everything track he is on all the while being on the largest tour in America right now “Drake & The Migos”. Last night the tour hit Boston and Drake shocked Hip Hop fans all over the world when he brought Meek Mill out to perform squashing the 2015 beef once and for all. Most are saying that was a moment to remember for Hip Hop being that the two both showed its bigger than their beef and there are a lot bigger issues going on that they can put their attention to. Check out the visual from the event below now.
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Swedish born R&B singer Snoh Aalegra has released her newest album titled 'Ugh, Those Feels.' The project is filled with chilled live instrument production, allowing Aalegra to fill the spaces with beautiful melodies and soulful lyrics that hit home deep within. Head over to our site to check it out now.
Jay-Z’s ‘Reasonable Doubt’ is now available on Youtube Music, Soundcloud, Google Play Music, Amazon Music, ITUNES, Iheartradio, Pandora, Tesla and Slaker however Apple Music and Spotify still remain without unfortunately. The sudden streaming of the album comes due to distribution company 'Equity Distribution' whom prides themselves on getting artists music to fans on a global platform while still retaining their masters. Head over to our site to learn more now.
Young Thug is no stranger to fashion and unique style. On His new song ‘Surf’ from his latest studio album ‘So Much Fun’ Thug shouts out the OFF WHITE creator. Virgil & Thug reportedly have been close since their 2018 interview with Interview Magazine. “Virgil sending me drip just to see if I like it or rockin with it”


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The omnichannel retailer HSE24 has brought Mediaplus Munich on board to manage its media business. The partnership will kick off in November with a Christmas campaign which will be seen on TV and other channels. The aim is to boost awareness of HSE24 and acquire potential new customers. The agency impressed the company with its integrated approach and competence in the digital arena.
Munich, 23 October 2018 — By directly awarding its media budget to Mediaplus, HSE24 was choosing a new agency. The omnichannel retailer, which reaches its customers through TV, mobile devices, online and on social media, will begin its collaboration with Mediaplus in November. A multi-channel Christmas campaign to be shown across the DACH region will set the pace. The budget runs to almost eight figures and, above all, Mediaplus was able to impress its new client with its integrated structure and extensive experience in the areas of media, digital and e-commerce.
The media activity should, in the long term, attract potential new customers to the home shopping channel and increase its brand awareness. As part of this, Mediaplus will test and scale new communication channels for HSE24.
"It's great that HSE24, as one of the leading brands in this sector, found our solutions so compelling," commented Mediaplus Managing Director Oliver Hey on the new client. "As a retailer, online shop and TV platform simultaneously, the opportunities that HSE24 offers make strategy and planning especially exciting and varied."
Peter Breiling, Head of Marketing at HSE24, is responsible for the media budget on the client side: "We're delighted about our partnership with Mediaplus. We were persuaded by the agency's extensive experience of linking digital and offline communication media, and its in-depth knowledge and understanding of performance-driven media usage."


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BY ELIZA GOODPASTURE
Date posted: 11/19/13 8:44 AM
S. Wallace Edwards and Sons is trying a new peanut diet for their hogs, to keep their ham moist during the long, 18-month aging. On his grandfather’s farm, company president Sam Edwards says, “The hogs would roam the peanut fields after the harvest and eat the dropped peanuts.” Now Edwards buys No. 2 peanuts, the tiny peanuts that folks don’t want to eat, to feed the hogs. “They aren’t particular — No. 2 peanuts taste pretty good to them,” he says.
The company’s Berkshire hogs are allowed to roam on small family farms. “The hogs mature more, which means the marbling of the fat goes through the muscle more,” says Edwards. “It tastes better.” The hogs are raised on 21 different farms — one in Virginia, and 20 in Kansas and Missouri. He says that there’s a difference in taste in the Certified Humane®, pasture-raised pork that they use for their bacon and Surryano ham (ham cured like Spanish Serrano ham). Surryano is aged for 18 months. “It’s kind of like prosciutto,” Edwards says. “It isn’t cooked, just cured.”
“This is a product for people who care about humane treatment of animals,” he says. It comes at a higher price, however; a whole Surryano ham is about $100 more than other hams they offer. But Edwards says the price difference is worth it. “I think these hams compete favorably with what people pay for hams from Spain or Italy — I’ve seen them pay $3,000,” Edwards says. “After they try ours, they think ‘Gee, why aren’t we buying American ham?’ ”
Edwards sent Richmond magazine food editor Brandon Fox the Surry Farms Sampler, made up exclusively of Certified Humane®, pasture-raised pork, to try. The juicy, smoky goodness of bacon, sausage links and cured ham, impressed her (and she eats a lot of pork products), and she has plans to order another for holiday entertaining. It’s available online and in their two retail stores in Surry and in Williamsburg. If you order by November 21, the sampler will arrive on your doorstep in time for Thanksgiving.


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These are not the only positive tidings from Marketing Week’s Salary and Career Survey 2014 in association with Ball & Hoolahan. The survey of more than 3,000 marketers – the largest in the industry – suggests that marketers are also making it into the executive suite. Forty five per cent of respondents say their business has a marketer in the boardroom.
It’s not all positive, however. Nearly two-thirds of marketers say they feel overwhelmed and under pressure. And despite the pay rise and seat in the boardroom, marketers are still insecure. More than half report that marketing is seen as a “cost” in their businesses, rather than a growth investment.
So what trends does this year’s survey offer to help you enhance your career?
1. Brush up your digital skills. The area where marketers feel they most lack knowledge is the fast-paced digital environment. Nearly a third want to know more about digital in general, with social media specifically following closely behind. Meanwhile, heads of digital enjoyed average pay rises of 6.7 per cent versus an average 3.7 per cent.
2. Choose an “unsexy” career. Fancy working in sport? Sounds pretty exciting to me, but marketers tell a different story. Sports marketers are the most stressed group out there while simultaneously being the lowest-paid client marketers. The utilities marketers who answered the survey may not be working with David Beckham or Usain Bolt but they claim to be less stressed than anyone else.
3. Be male. Alright, this one is probably beyond your control but the most depressing news of this year’s survey is that the gender pay gap is wider than ever. Male marketers are now on an average salary of £54,936 compared to women with just £39,675. Among the industry’s most senior marketers, the contrast between male and female pay is even more stark. Male marketing directors earn £94,016, while women take home £76,906.
While gender is fairly fixed, that doesn’t mean you can’t be proactive in finding a better paid marketing role. If you want to find out how your own salary compares to other marketers’, in terms of job title, sector, region and gender, go online, register and use our Salary Calculator.
Make sure this is the year you get that pay rise you deserve.


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The platform leverages advanced AI and ML capabilities to deliver actionable field-level recommendations. Retail10x team has deep industry experience having worked for some of the leading organizations like Apple, Walmart, Coke, Heineken, Moet Hennessy, SC Johnson and IRI.
Srikar Reddy, MD & CEO, Sonata Software said, “Our strategic business partnership with Retail10x brings great value to the customers in our focused vertical of retail, distribution and CPG by providing them with a platform that leverages the latest in AI, ML and deep learning technologies in accelerating their digital transformation journey. This partnership would further strengthen our singular focus of becoming digital transformation partner of choice in these verticals.”
Sonata Software has been focusing on what it calls a Platformation strategy, building end-to-end digital platforms. This investment will give Sonata exclusive rights worldwide, to implement and service the R10X platform under its own brands.
Prasad K R, CEO of R10x said, “Sonata’s world-class expertise in digital retail and distribution supply chains will give R10x market leading capabilities in bringing a powerful Retail AI platform to retailers. Distributors and CPG’s. We are excited to build this partnership as Sonata’s worldwide footprint will help accelerate our growth in US and help R10x enter new markets helping customers realize their digital transformation goals.”
- Front Page
- Pure Politics
- ET Markets
- Captain Modi Leads BJP to Record 7th Gujarat Poll Cup Win
The BJP, riding on the back of Prime Minister Narendra Modi’s popularity, posted a record win in Gujarat on Thursday securing 156 seats — the highest-ever tally by any party in the state surpassing Congress’ 149 in 1985.Revised Telecom Draft to Clear Air on OTT, DTH
The Department of Telecommunications (DoT) is likely to unveil a revised draft of the telecommunications bill in less than a month, to address issues around regulating content of over-the-top (OTT) apps and broadcasting services such as direct-to-home (DTH).RBI Buys Estimated $8b from Market in Week
The Reserve Bank of India (RBI) is estimated to have bought about $8 billion equivalent of foreign currency for the week ending December 2, in one of the biggest such weekly additions to its stockpile.
ETPrime stories of the day
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Tech and Gadgets
7 mins read


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Zara owner Inditex disappoints as adverse global currency moves hit first-half profits
Zara-owner Inditex, world’s largest clothing retailer, has seen a fall in first-half profits due to the negative impact of global currency rates.
Despite having increased sales by 6 per cent to 8billion euros (£6.34billion), this is the first fall in earnings the firm has seen in five years. The figures came as Zara unveiled some of its latest tops and skirts, pictured above, at London Fashion Week.
The disappointing figures were expected after rival fashion firm ASOS also saw a fall in profits on Tuesday.
Zara owner: Inditex has currently 6,460 shops around the world
Chairman and chief executive Pablo Isla said that the company is still on course to meet its targets at the end of the year.
The group has generated 8,000 new jobs worldwide in the past year, 1,200 of which are in its home market of Spain which has been struggling to recover from the eurozone crisis.
Inditex has currently 6,460 shops around the world with new stores having been opened during the period.
Sales in these new shops, including Pull & Bear and Massimo Dutti, grew 4.5 per cent this year. Zara recently launched on the internet in Mexico and is going online in South Korea next week.
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While it may sometimes feel like all the action in the free to play space is happening in China, that's not the case. There's plenty going on elsewhere too, including here in the western hemisphere. But during the past week or so, my main focus was on Korea, and specifically on Nexon, which is continuing its aggressive push to become an even larger online publisher. The company is definitely one of the heavyweights in the category already. Global revenue grew 30 percent last year to more than $535 million, of which two-thirds came from outside the country.
Early last week, Nexon revealed the acquisition of 67 percent of Ndoors, the developer and publisher of Atlantica Online. The announcement I saw did not state whether the deal has actually been finalized by clearing any the regulatory requirements or other potential hurdles. In fact, it was rather confusing in that it said "acquired" in one spot and "will acquire" in another. Curiously, while I only took a quick look, I spotted nothing about this on either company's website.
In any case, it seems Ndoors will now operate as a Nexon subsidiary. Although the price paid was not revealed, there has been speculation it may have been as much as 200 billion won (approx. $170 million US). This seems possible since it would be neither cheap nor out of line relative to the former's 2009 sales and profit of 40.5 billion won and 15.6 billion won respectively.
One interesting fact stated that was that 72 percent of said revenue came from outside Korea. Since Atlantica only entered China last summer and Europe last fall, it would appear the game has done pretty well in other markets, the most obvious of which is North America. Ndoors' other owned properties include Luminary: Rise of the Goonzu and Corum Online.
A couple of days ago, it came out that Nexon is now courting GameHI, the studio that developed Dekaron, which launched domestically in 2005; a version was later adapted for this market and released under the name 2Moons. However, the company's top title is Sudden Attack, an online FPS that ranked as the most popular game for over two years in Korea, where this quasi-MMO genre arguably surpassed MMORPGs for a period of time. Nexon's own entry, which has been released here, is Combat Arms, coincidentally the creation of another acquisition a few years ago, Doobic Studios.
These news items added to what was already shaping up as a big 2010 for Nexon. Among other things, its socially-oriented Nexon Star, which has been eagerly awaited in Korea since being announced in 2008, entered open beta there two weeks ago. I don't recall seeing any official word on plans for the title here. For what it's worth, my guess is that we'll see it, although perhaps not until 2011. At least two other North American launches, PopTag! and Vindictus, are expected within the coming months.
And that's far from all. Domestically, there are at least two new MMORPGs this year, Ever Planet and Dragon Nest, plus a browser-based game aimed at China. It wouldn't come as a great shock to see more purchases either, no matter what happens with GameHI. Nexon has been in acquisition mode for a while now, witness its deal last year for Neople, the creator of Dungeon Fighter Online.
So, while I can only speculate as to what it will be, I don't think we've heard the last from Nexon this year, and I've moved it up even higher on my watch list.
This week's MMOG trivia
One of the four classic novels in Chinese literature has been adapted into multiple F2P MMOs, two of which have rank among the most popular there, both having exceeded a million peak concurrent users. What is the English name for this book? Bonus question: What are the other three?
Journey to the West is thought to have been written by Wu Ch'eng-en in the l6th century. Sometimes known as Monkey after a particularly popular character, it's the highly fantasized tale of a Tang dynasty-era Buddhist monk's pilgrimage to India. The book is the basis for major hits Fantasy Westward Journey, which achieved 2.5 million PCU last year, and Westward Journey Online II.
Romance of the Three Kingdoms (aka Three Kingdoms, ca. 14th century by Luo Guanzhong) is the best known of the four novels in the west, partly through the non-MMOs strategy games of the same name and the Dynasty Warriors tactical action series. The others are The Dream of the Red Chamber (aka The Story of the Stone, ca. mid-18th century by Cao Xueqin) and Water Margin (aka The Outlaws of the Marsh, ca. 14th century by Shi Nai-an and Luo Guanzhong). The latter is believed to have provided the inspiration for characters in 9Dragons and Jade Empire.


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Budweiser media relationsMajor brands like McDonald's, Wal-Mart, and Budweiser are zooming in on millennial consumers.
Some are taking drastic measures to attract the young generation, and for good reason.
By 2020, 30% of all retail sales will be to millennials, said Robin Lewis, CEO of "The Robin Report" and co-author of "The New Rules of Retail."
"Every brand and retailer had better be re-positioning their offerings and shopping experience to cater to the generational onslaught of the millennials, soon to put to shame the once vaunted purchasing power of the boomers," Lewis said.
Here's how some of major brands are wooing millennials.
McDonald's created healthier offerings for calorie-conscious millennials.
This spring, McDonald's launched an ad campaign for the McWrap in effort to attract more millennials to the fast-food chain.
An internal memo circulating within McDonald's that discusses the launch of the McWrap, says that 22% of customers aged 18-32 would eat at Subway if the wrap wasn't available.
McDonald's also launched a new breakfast sandwich with egg whites in hopes of drawing more health-conscious consumers — including millennials.
The sandwich has 40 fewer calories than the original version, and is served with white cheddar, which also gives it an artisan feel.
Macy's introduced two new brands to appeal to stylish young women.
The department store began catering to millennials last fall — a demographic very different from the Baby Boomer generation that typically shops there.
The brand is launching or expanding about 20 new brands to appeal to the audience, according to MarketWatch.
One, called Maison Jules, is inspired by Parisian street style and includes "classic pieces with a modern twist" with lots of prints and patterns, MarketWatch reports.
Another is QMack, a "wardrobing system" with mix-and-match items like blazers, miniskirts, cardigans, and blouses with rolled sleeves.


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Summer is a fantastic time to incorporate fresh berries into our favorite dishes, and a beloved celebrity chef’s latest project celebrates just that.
Celebrity chef Marcus Samuelsson has teamed up with Bombay for a Bursting with Berries series of virtual classes, in which they have brought together Black chefs from around the nation to showcase how to create seasonal berry-inspired food-cocktail pairings.
“As the world slowly returns to a feeling of normalcy, we decided to reach people interested in cooking and mixology in their own homes,” Marcus Samuelsson told Forbes.
According to Samuelsson, the Bursting with Berries class series is designed to explore the flavors, textures and colors expressed when experimenting with berries in both drink and food pairings. “Bombay just released its newest iteration, Bombay Bramble, which combines the best of dry gin with the fresh flavors of summer berries,” said Samuelsson, who brought together some amazing chefs from around the nation including New York’s Adrienne Cheatham, LA’s Joseph Johnson and Miami’s Tristen Epps to showcase recipes such as Marinated Sliced Salmon with Blackberry-Bramble Salsa, Moroccan spiced zucchini and mushrooms with blackberry harissa sauce, and a Greek yogurt trifle cake with raspberry mousse and a Bramble Berry Compote.
The best part? Anyone with wireless access and a love of cooking can join in. “People can sign up by emailing email@example.com with their name and desired chef in the subject line, just be sure to order the cocktail kit on Cocktail Courier.com ahead of the class,” said Samuelsson.
Bombay has a history of inspiring creativity. It has held Stir Creativity, a set of bartending competitions across the US. “It’s an iconic spirit among bartenders and Bombay has always been known for innovating, both in their products and the way they engage the larger creative community,” said Samuelsson, who shared he was excited when they tapped him to be a part of the launch of Bombay Bramble. “It allowed me the opportunity to create some amazing food pairings.”
But it was more than that for Samuelsson. “Most importantly, though, was Bombay’s interest in honoring Harlem’s rich arts legacy. We are collaborating with local artists Cey Adams and Dianne Smith to create large-scale outdoor art installations this August,” he shared.
The virtual cooking event series kicked off June 11 with Samuelsson joining Bombay Sapphire’s brand ambassador Ryan Wainwright in pairing a Bombay Bramble and a cooking demo of his Grilled Piri Piri Shrimp with a Blackberry Watermelon Salad. “Consumers were engaged with loads of questions for both of us which was great!” said Samuelsson.
Part of the partnership has also involved Samuelson creating a signature cocktail, The Bramble 75. “It is a twist on one of my favorite classic cocktails, the French 75,” said Samuelson. “Bombay Bramble combines a classic gin character with top notes of raspberry and blackberry. With no added sugar, its natural flavor expression really shines through with the addition of a little citrus, honey syrup and some bubbly,” he said.
Though the virtual cooking series will end after Chef Tristen’s dessert segment on Tuesday, June 22,, the series will live on online. However, Samuelson’s role as Bombay Bramble ‘s Launch Curator will continue into August. “I will be partnering with local artists Cey Adams who is an incredible visual artist and graphic designer and Dianne Smith who creates remarkable sculptures and installations,” said Samuelson…”I thought it would be an amazing way to honor Harlem’s rich arts legacy to work with visual artists who live in Harlem.” The two will transform billboard spaces in Harlem with their own designs that reflect the spirit of summer inspired by Bombay Bramble and bring to life Bramble’s messaging of “Bursting with Berries.”
Meanwhile, Samuelson’s Grilled Piri Piri Shrimp with a Blackberry Watermelon Salad can also be found in his cookbook The Rise. Savory and with a great kick of spice, it’s a perfect accompaniment for summer cookouts!


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from 12.9% in June
Aug 17 (Lagos) - Nigeria's consumer inflation eased slightly to 12.8 % year-on-year in July, from 12.9 % year-on-year in June, statistics showed on Friday, surprising many analysts who had expected inflation to rise. The Central Bank left the benchmark interest rate at record high of 12% to keep inflation in check because Inflation is expected to rise by the end of 2012.
Food inflation, the largest contributor to the headline index, rose slightly to 12.1 percent year-on-year in July, compared with 12.0 percent in June, the National Bureau of Statistics (NBS) said in a report.
reporting for easykobo.com on Friday, Aug 17 2012 from Lagos, Nigeria
Source - NBS
Top Stocks creating buzz on easykobo
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BullishINTERNATIONAL BREWERIES PLCDANGOTE CEMENT PLCUNITED BANK FOR AFRICA PLC.
BearishSOVEREIGN TRUST INSURANCE PLCN.E.M. INSURANCE CO. (NIG.) PLC.LAW UNION AND ROCK INSURANCE PLC.
Frequently Asked Questions (FAQ)


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Apple’s new iPad Pro is a showcase for its M1 processor, leading its tablet family. Or maybe it’s a show for the bright XDR screen. Maybe it’s the same.
Chris Velazco’s to review lays out how ridiculously loud this iPad is. This will be proven in the future no matter how many generations of upgrades. (You can also expect, too, prices for the 12.9-inch model to start at $ 1,099.)
Because they use the same Apple-made processor, these iPads are just as powerful as the latest MacBooks, at least in part. At this hour, the iPad app ecosystem (and iPadOS) may not yet be ready for all this power. But if it catches up, it could be the tree of the future portable computer.
– Mat Smith
Two motors and full-time four-wheel drive.
The original F-150 Lightning was a sporty performance truck, but it doesn’t have anything close to the horsepower, torque or 0 to 60 hours of the new electric model that bears its name. Ford will start selling the first mainstream electric pickup (several are on the road, such as the Cybertruck and Hummer EV) next spring, and a translated commercial model could fetch as much as $ 40k.
A more reasonably equipped version of the XLT starts at under $ 53k, and if you opt for the enlarged battery version, you can expect up to 300 miles at the EPA’s estimated, 563 horsepower and 775 lb.- ft. in torque, which surpasses any other F-150 consistently. Switching on electricity means that under the hood, there’s a lot of frunk, and Ford comes with plenty of truck-powered capabilities to power your workplace, camping and even your home for up to three days.
If you can find a DC fast charger and have an enlarged model included, it can charge a lot of battery from 15 to 80 percent in 41 minutes, but at home from 15 to 100 percent (even the fastest charger sold by Ford) a night job of almost eight hours. If you’re planning a long drive, navigation can be a route that hits the chargers if you need it, taking into account your payload, what you’re carrying and even the weather conditions. There’s a lot more to learn about the new truck, so read on, and if you’re interested, pre-orders will open with a $ 100 deposit. Keep reading.
A fresh look.
Google at the I / O developer conference yesterday, and those who aren’t involved in dealing with buggy software can already give it a try. A preview of the upcoming OS will come on Google’s own Pixel phones as well . (For the record, it’s very easy to sign up using your corresponding device. Although I managed to get it.) So far, most of the changes are at the top. It will look much more varied, both more color and anything brighter. Editor Cherlynn Low reviewed all the changes. Keep reading.
This move could unite the fragmented smart home industry.
The object was formerly known as Project CHIP, or Connected Home over IP. It’s a collaboration between industry giants like Google, Amazon, Apple, Samsung and many more to standardize the historically fragmented smart home ecosystem. Material supports a variety of protocols and assistants, including Siri, Alexa, Google Assistant as well as Bluetooth, Ethernet, WiFi and Thread.
Endorsed by Google, Android will provide built-in support for Matter as well as ways to easily set up and control Matter-certified devices. It also announced its products along with Thread, including Nest Wifi, Nest Hub Max and Nest Hub (2nd generation), “to be connection points for Matter devices.” In addition, Nest displays and speakers can be “automatically updated to control the Matter device,” which Google promises to bring “faster and more reliable experiences if they use Wi-Fi, Thread or Ethernet. .
The cause will result in much simpler setup and deployment processes, and with it, Android phones will be able to control all Matter’s corresponding devices once they support rolls on a wider scale. Keep reading.
He testified for defending Apple’s lock-down mode on the iOS App Store.
Apple has always been tapping Windows for malware issues, claiming macOS is the much more secure desktop operating system. However, the company offers a strange acceptance: macOS has its own malware problem. Recognition comes from Apple Senior Vice President of Software Engineering Craig Federighi, who testified Wednesday in the company’s Epic Games antitrust case. Federighi told the court in evidence that Apple had “a level of malware on the Mac that we don’t see acceptable.” Keep reading.
If you expect the definition of ‘classic’.
Nintendo will soon add five more games to Switch Online, bringing the total number of titles you can play through the subscription service to 104, to the entire NES and SNES game library. The new games will arrive on May 26, and it could be an arrival to call them classics. Super Mario World, they are not. The SNES additions are Caveman Ninja, Magical Drop2, Super Baseball Simulator 1,000 and Finding Spanky. Meanwhile, the only addition NES is Ninja JaJaMaru-kun, which I’m sure you all remember and worship. Keep reading.
Do you need one, and if so, which one?
The case for smartwatches is a bit less muddy than before. With looks that can literally save lives (or even follow in your footsteps and unlock your laptop), it’s probably time to shop around for a smartwatch that suits you. Our guide runs through the basics that are known and our selection of the best ones out there And yes, it’s not just about the Apple Watch. Keep reading.
From the days before 480p.
The Remastured project uses AI to restore and color skin flicks from as far back as 125 years ago. The porn giant uses machine learning and 100,000 adult images and videos to teach AI how to color movies (maybe it also knows a thing or two about how movies are transmitted. man time 100 years before smartphones). Several algorithms are used to retrieve movies with “limited human intervention,” according to PornHub. Keep reading.
Both up and down. Now that’s innovation.
Four-legged robots with computer vision can usually handle stairs without issue, but getting a “blind” bipedal robot lacks LIDAR or optical sensors to do so. yet another challenge. Today, researchers from Oregon State University have achieved good work on a bipedal robot called Cassie (from Agility Robotics). Why would you want a blind robot to navigate the stairs? As the researchers pointed out, robots do not always rely on cameras or other sensors because of possible light blur, fog and other issues. Very well, they also use “proprioception” (body awareness) to navigate unfamiliar environments – just like how we do it. Keep reading.
But wait, there’s more …
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NEW YORK (Reuters Breakingviews) - Facebook is launching a messaging app for kids under 12. It’s a bid to attract a new generation of users by a company struggling to lure youngsters from Snapchat. Yet it’s also a political gamble for the $500 billion social-networking site.
The firm founded and led by Mark Zuckerberg unveiled the new product on Monday. Intended for children as young as 6, the app has all sorts of features including video-chat functions and filters like cat ears and rainbows that would look familiar to anyone proficient at Snapchat.
Facebook is billing the stand-alone messaging app as a safe space for kids that allows them to connect with their friends while giving parents control. There is no advertising and users won’t automatically convert to Facebook once they hit the minimum user age of 13.
Meanwhile, regulators in the United States and in Europe are keeping increasingly close tabs on Facebook and other social-media platforms. Company executives have already testified in Congress about fake Russian ads that were placed on the network in an effort to sway the presidential election. In Europe, it faces a threat from a new European Union regulation that, from May 2018, will require companies to seek explicit consent from consumers before using their personal data. At a time when the company’s operations are under a microscope, chasing after elementary-school kids will inevitably invite even closer scrutiny.
Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.
Sign up for a free trial of our full service at https://www.breakingviews.com/trial and follow us on Twitter @Breakingviews and at www.breakingviews.com. All opinions expressed are those of the authors.


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The Ikea compliance team last week visited Vadodara-based Shaily Engineering, the company that had supplied the mugs, as part of the investigation, a source said. Ikea was prompted to recall the mugs after tests found excessive level of dibutyl phthalate (DBP), a substance that is used as plasticisers.
NEW DELHI: A fact-finding team from Ikea last week visited India as part of an internal probe into the alleged presence of excessive chemicals in locally made mugs that prompted the Swedish furniture major to recall the products worldwide, two people familiar with the development told ET.
The Ikea compliance team last week visited Vadodara-based Shaily Engineering, the company that had supplied the mugs, as part of the investigation, one of the persons said.
In January, the Swedish furniture and home products giant said it was recalling Troligtvis-branded mugs — priced Rs 129 apiece in India — from more than 400 Ikea outlets worldwide, barely four months after Ikea started selling the product globally.
“IKEA works together with approximately 1,600 suppliers globally. Due to confidentiality and business reasons we do not share details about individual supplier relations,” an Ikea spokesperson said in an email response to a query about its probe and the Ikea team’s visit to Shaily.
Sanjay Shah, chief strategy officer of Shaily, declined to comment.
In an analyst call after the third quarter earnings, Amit Sanghvi, MD of Shaily, said the Vadodara-based company has not been immediately affected by the recall.
“At the moment, we don’t have any liability on the product recall,” he told investors on February 4.
Ikea was prompted to recall the mugs after tests found excessive level of dibutyl phthalate (DBP), a substance that is used as plasticisers to enhance durability and flexibility of plastic products.
Sanghvi told analysts that Shaily was ‘not at fault’ for the global recall of the travel mugs. “Is there a problem, yes there is a problem for which the product recall was initiated. Is the problem related (or) to because of Shaily’s manufacturing. No,” he said in the conference call.
Besides Reliance Retail and April Moon Retail, other prominent entities in the race are Capri Global Holdings, Dharampal Satyapal, Nalwa Steel and Power, Shalimar Corp, SNVK Hospitality and Management, United Biotech and WH Smith Travel.


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-Breaking through the hardware installation boundaries
by | Jul 9, 2022 | Gaming Desktop
Review From https://www.techzumo.com/gamemax-precision-gaming-case-review/
With the recovery of the game and e-sports market, the Intel 12 generation CPU was released in the market. GAMEMAX, one of the well-known IT-Hardware brands, has launched the Precision case to meet the upcoming GPU card feast. Affected by the epidemic in recent years and all kinds of virtual currency, the situation of graphics card is hard to find a card, and chip production capacity will increase, ushering in a new round of boom.


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Originally published February 25 2011
Several states consider loosening raw milk restrictions as FDA tries to tighten them
by Ethan A. Huff, staff writer
(NaturalNews) As the US Food and Drug Administration (FDA) evaluates ways to further restrict Americans' access to raw milk and raw milk products, several US states are considering legislation to loosen the regulatory noose that limits freedom of food choice. Texas, Oregon, Minnesota, New Jersey, Massachusetts, and Wisconsin all have pending legislation to legalize raw milk sales, relax sale restrictions that make buying the product difficult, or for the first time decriminalize raw milk sales with restrictions.
Recently, the FDA decided to target raw milk cheese, suggesting that it is more dangerous that pasteurized cheese and thus may require increased limitations. But the very data the FDA is using to make this claim clearly shows that contamination often happen after production, both in raw and pasteurized cheeses. In other words, both raw and pasteurized milk products can become contaminated after production (http://www.naturalnews.com/031471_raw_milk_c...).
Despite this and other propaganda efforts to falsely demonize raw milk, consumer demand for the unpasteurized, unhomogenized, farm-fresh food continues to rise. And the rhetoric coming from the US Centers for Disease Control and Prevention (CDC), the FDA, and various state health agencies and officials hellbent on telling people what they can and cannot drink, is losing ground to the simple grassroots efforts pushing for more raw milk freedom.
In Texas, House Bill 75 and Senate Bill 237 would eliminate the restriction allowing raw milk sales only on the farm, and instead allow them to take place at "any other location where producers customarily sell their products directly to consumers including a farmers' market, farm stand, flea market, food cooperative or fair." The Minnesota legislature is set to have a similar bill presented before it.
Oregon's HB 2222, also known as the Family Farm Act, would expand the maximum herd limits for producers of raw milk in the state, and would offer some tax and other exemptions to local farmers.
New Jersey's bill A743, perhaps the most aggressive of all, would fully reverse the state's current ban on raw milk. Farmers who obtain a valid raw milk permit under a new state program and comply with testing requirements would be permitted to sell raw milk both directly to consumers and in retail stores.
Sources for this story include:
All content posted on this site is commentary or opinion and is protected under Free Speech. Truth Publishing LLC takes sole responsibility for all content. Truth Publishing sells no hard products and earns no money from the recommendation of products. NaturalNews.com is presented for educational and commentary purposes only and should not be construed as professional advice from any licensed practitioner. Truth Publishing assumes no responsibility for the use or misuse of this material. For the full terms of usage of this material, visit www.NaturalNews.com/terms.shtml


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Suzuki has recalled several vehicles over a personal injury risk. And according to the company, the issue could expose both children and adults to risks.
According to the firm, the 2006 through 2013 Grand Vitara SUVs and the 2010 through 2013 Kizashi sedans are being recalled after Suzuki learned the front-seat passenger sensor will fail to detect who’s occupying the seat. If that happens and the sensor fails to recognize a child car seat, the air bag may deploy, exposing the child to injury risks.
According to regulators, the leather seat upholstery may be the reason behind the issue. Because it may shrink over time due to high humidity exposure, the National Highway Traffic Safety Administration reported, the sensor may fail.
While the recall is serious, Suzuki did not report when they will contact impacted vehicle owners.
At least 31,302 units appear to have this issue.
Because Suzuki is not selling cars in the United States anymore, car owners should contact the company to verify which authorized repair shops will fix their cars.
Whenever impacted vehicle owners take their cars for repair, dealers will replace the seat bottom cushion for free.
While the company hasn’t reported any accidents or injuries associated with this recall, it is important car owners do not postpone fixing this issue. Especially if they have children.
Keep an eye on open recalls by checking the NHTSA website regularly. By plugging your car’s 17-digit vehicle identification number (VIN) into the website, you will be able to see if any recalls impact your car.
All too often, impacted vehicle owners fail to fix their cars. That’s because automakers do not have their updated contact information on file. If you’re a car owner make sure the automaker associated with your vehicle has your updated contact information. Otherwise, they cannot contact you when a recall impacts your car.
For more on this Suzuki recall, follow this link.


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CHICAGO (CBS.MW) -- Declining shares of Safeway and Tweeter helped pull the retail sector into the red Thursday as the main measure couldn't overcome the resistance.
The S&P Retail Index RLX, +0.00% dipped 0.5 percent to close at 336.99.
Safeway SWY, +2.44% headed south, dipping 55 cents, or 2.7 percent, to just $19.99 after the grocery-store chain missed Wall Street's consensus profit projection and lowered its outlook for the full year. See full story.
Elsewhere, shares of Tweeter Home Entertainment TWTR, +1.28% retreated 30 cents, or 3.8 percent, to $7.50 after reporting a loss of 17 cents a share on lowered revenue, both in line with expectations. The company also sees a loss of 17 cents a share for the third quarter and a fourth-quarter loss in a range of 15 cents a share to 20 cents a share.
Smaller rival OfficeMax OMXS30, +1.76% rose 4 cents to a fresh 52-week high of $8.95.
Also touching on a new high during the session was Federated Department Stores FD although it ended up losing 19 cents to close at $38.79, after touching $39.81.


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This week on California Life with Heather Dawson, the Speed Journal interviews Ford GT specialist Bernardo Martinez at Laguna Seca.
Martinez is part of the Ford GT concierge team, so he gives us insight into to how the team works and what he does.
The new, third generation Ford GT was first announced in 2016, creating lots of excitement.
The concierge program, according to Martinez, helps customers “shop, buy and own experience” with their new Ford GT. In 2016, anybody interested in purchasing the car had to go through an application process. After that, the concierge team selected a handful of customers for around the first three years of production.
During this application process, Ford wanted to get to know the customers and their relationship to Ford. According to Martinez, Ford wanted to know what customers own, what they drive, and how they use it. Applicants were also offered the opportunity to send in a one minute video telling their story.
Martinez helps the concierge team deliver the car, essentially being a Santa Claus. During this delivery process, the team doesn’t deliver more than two cars a day because they want to make sure the owners know everything about their new car. How to operate the engine, check the oil, etc.
Martinez said the new Ford GT is bridging the divide between race cars and streetcars. The usual discrepancy between these two cars is large, but the Ford GT is making it less.
Martinez said the GT uses the “exact same monocoque tub,” the seating position is the same, there’s many similarities. However, he specified that race cars are still a little lighter and wider. Martinez added that the streetcar actually has more power!


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Tourists may find that some hotspots are quieter than expected in the coming months, as Mallorca is planning on reducing the number of tourists it receives following a summer of overcrowding.
The island’s governing councils say it intends to impose a new, tighter limit. They will also employ extra inspectors to check on illegal holiday lets, and warn that owners of apartments and villas renting out their properties “under the radar” will be fined.
Mallorca has experienced an unprecedented summer due to the lifting of coronavirus travel restrictions with hotels and streets packed to the brim.
However, the boom has brought new complaints of “tourist massification” which politicians want to eliminate. Tourism leaders say they want quality rather than quantity and also aim to stamp out rowdy behaviour.
Mallorca council confirmed yesterday that it intends to reassess its tourism plan to reduce the tourist capacity of the island. It will set a limit on the number of tourist beds available and rule how they can be marketed, with specific measures to do so.
Island president Catalina Cladera said: “We want tourism of greater value and less volume and the new tourism law marks the roadmap with the moratorium and the blocking of new places.”