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|By ACN Newswire||
|April 26, 2014 11:00 PM EDT||
International Printing & Packaging Fair on at AsiaWorld-Expo
Hong Kong, Apr 27, 2014 - (ACN Newswire) - Two major trade fairs opened today in Hong Kong: the HKTDC Hong Kong Gifts & Premium Fair, the largest fair of its kind in the world, and the Hong Kong International Printing & Packaging Fair. The two shows continue through 30 April - the gift fair at the Hong Kong Convention and Exhibition Centre (HKCEC) and the printing fair at AsiaWorld-Expo.
Latvia and Luxembourg
The 29th gift fair is hosting more than 4,130 exhibitors from 35 countries and regions, including first-time participants from Latvia and Luxembourg. The fair welcomes 15 group pavilions, including one from The Hong Kong Exporters' Association, the show's co-organiser. The Hong Kong Exporters' Association pavilion will include a new zone, Brand Oasis, focused on corporate image. Two returning zones, Design Village and Isle of Originality, will feature a variety of stylish products.
Three new zones are on offer at the fair: Avenue of Inspiration, presenting young entrepreneurs and their companies and products; the Travel Souvenirs Piazza; and Christmas Lighting. The Small-Order Zone counts some 400 showcases featuring about 4,000 products. Other areas include the Hall of Fine Designs and some 150 brands, the World of Gift Ideas, with 774 exhibitors, and iAccessories, spotlighting gadgets and accessories for smartphones and table computers.
The fair is showing a variety of events and activities, including this afternoon's product demo and launch pad, highlighting premium items from Indonesian pavilion exhibitors, the Hong Kong Society of Illustrators and the Taiwan Design Center. Tomorrow afternoon's Buyer Forum looks at emerging market opportunities, while an afternoon seminar focuses on lifestyle gifts. Seminars on 29 April examine product safety and supply-chain management for giftware, as well as online sales opportunities. A 30 April seminar discusses accredited testing services.
The third "Hong Kong Smart Gift Design Awards" presentation ceremony organised by The Hong Kong Exporters' Association, takes place this evening. The winning entries will be on display, in Hall 5C, throughout the fair period.
The ninth printing fair has attracted more than 400 exhibitors from seven countries and regions: the Chinese mainland, Hong Kong, Japan, Macau, Taiwan, Thailand and the United States.
The fair, organised by the Hong Kong Trade Development Council (HKTDC) and CIEC Exhibition Company (HK) Ltd, is showing the latest printing and packaging offerings, printing consumables, packaging material and equipment, and digital printing, pre-press and packaging design services.
Highlights include the new Green Printing and Packaging Solutions Zone, showcasing eco-friendly paper products and other material, as well as printing and packaging consumables. The De Luxe Zone, offering high-end printing services and luxury product packaging, and Food and Beverage Packaging Solutions, featuring packaging for food, wine and other products, return.
Other special areas include Digital Printing Equipment, Packaging Services, Printing Services, Integrated Pre-Press Service and Trade Service.
The latest printing and packaging trends and information are available in a series of 10 seminars and forums. These include this afternoon's seminars on green printing and hot topics in printing technology; tomorrow's focus on luxury printing and packaging; the 29 April Exhibitor and Buyer Forums; and the 30 April spotlight on how to promote the Chinese mainland's packaging craftsmanship.
Awards on Display
The fair also features the winning entries in the Hong Kong Print Awards, the Hong Kong Digital Printing Award and the Green Printing & Packaging Solution Display. They're on show, in Hall 6, throughout the fair.
Fair Websites -
Gifts & Premium Fair: http://www.hktdc.com/hkgiftspremiumfair
Printing & Packaging Fair: http://www.hkprintpackfair.com
A statutory body established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and service providers. With more than 40 global offices, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China and throughout Asia. The HKTDC also organises trade fairs and business missions to connect companies with opportunities in Hong Kong and on the mainland, while providing information via trade publications, research reports and online. For more information, please visit: www.hktdc.com. Follow us on Google+, Twitter @hktdc, LinkedIn.
HKTDC Corporate Communication Department Joe Kainz Tel: +852 2584 4216 Email: [email protected]
Copyright 2014 ACN Newswire. All rights reserved.
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Picture this - A woman in a skimpy bikini chasing a man in a men's deodorant ad. Sounds familiar? This is because there are scores of advertisements of men's products that often end up objectifying women. As a result, you are bound to see a woman used as an accessory in an ad meant for a men's fragrance, a razor, and more.
Over the years, it has become a norm because of the belief that skin show can help sell almost anything. But every now amd then comes a brand that ruffles feathers and breaks the norm. This time, it's Sui Studio, a women's design company. The brand has released an interesting ad campaign titled, 'Not Dressing Men', and instead of just having women models showcasing the new collection of clothes, the ads have naked men in the background, merely as props.
The campaign seems to be a response to the ads that portray women in a sexualised manner to sell their products.
In fact, the campaign has generated a lot of interest. Several people are considering it a response to rampant sexism in brand promotions.
However, on the other hand, it has not gone down well with a lot of people, who feel it is "inappropriate".
Whether it is right or wrong, that's a debatable topic, but it sure has created a flutter on social media, and has opened a dialogue.
Get access to news that you can trust. To get your newspaper delivered to your doorstep, go to Want My Paper by clicking on https://bit.ly/2A9stzF

domain: news


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CVS, the US' largest chain of drugstores, is copying department
stores and adding beauty and skin care centres staffed by
consultants trained to analyse skin types and recommend a specific
skin care line, writes Louise Sheridan.
Biotechnology company Helix BioMedix has announced that on 3 May
2004 it conducted the final closing under a private placement
equity financing, which raised a total of US$2.37 million (€1.95 m)
including US$1.1 million (€0.9 m) from...
Oman-based luxury brand perfumery Amouage, best known for the
original fragrance of the same name created by the legendary French
perfumier Guy Robert, has launched a brand new fragrance for women,
named Esprit d'Amouage, writes...
German manufacturer Degussa has launched a product called Aqua
Foundation that uses a 'dry water' process, which it says converts
solutions containing water-dispersible pigments, vitamins, plant
extracts and other active...
During InCosmetics 2004 in Milan last week, Pentapharm - a Swiss
supplier of naturally derived active ingredients - presented its
new anti-ageing products. Its Pepha-nutrix and Pepha-tight actives
are claimed to help strengthen the...
One of the current needs of the personal care industry is to reduce
the damaging effects that UV exposure has on hair. Nalco Company,
in partnership with NK Chemicals Europe, thinks it may have the
answer with its new UV-absorbing...
Helix BioMedix has announced the results of a recently completed
12-week consumer product test that compared the company's
anti-wrinkle peptide, HB168, with Renova, a currently marketed FDA
approved product. The study was conducted...
Improved fragrance sales in Europe, boosted by modest gains in
currency conversions, increased first quarter results for the US
fragrance giant International Flavors & Fragrances (IFF).
Strategies in 2003, to help get the company...
The Hungarian market for cosmetic and toiletry products is set to
grow by a further 33 per cent, predicts Euromonitor. Accession into
the European Union this week and increased capacity for consumer
spending will boost the country's...
International Specialty Products (ISP), a global supplier of
speciality chemicals, has presented a new range of products this
week at the In-Cosmetics 2004 exhibition in Milan. New
preservatives, esters and emollients were among some...
According to new research from independent market analyst
Datamonitor, teenagers are using personal care products including
cosmetics, makeup and hair care items for a variety of purposes; as
a means to establish their sense of identity,...
Anti-ageing, cellulite and skin whitening are the words on
everyone's lips this year at InCosmetics 2004 in Italy. As Estee
Lauder reports double digit sales for its third quarter, the
company's R&D vice president Dr...
Sonoco, a global packaging company, has signed a definitive
agreement to acquire privately held CorrFlex Graphics, a US
point-of-purchase (POP) display company, for an all-cash purchase
price of approximately €210 million.
Dow Corning has added a new silicone quaternary microemulsion for
hair care to its silicon-based product list. Debuting at
InCosmetics in Milan today, the new ingredient is claimed to be
multifunctional, helping to protect hair from...
Nu Skin Enterprises, a worldwide direct seller of personal care
products, has reported a 20 per cent increase in net revenue.
Foreign currency fluctuations, product launches in the US and
momentum in Mainland China have all been attributed...


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A Worldwide Corporate Power Grab of Enormous Proportions
understory.ran.org — As international trade negotiators gathered this week at a posh golf resort in rural Virginia to hammer out details of the proposed Trans Pacific Partnership (TPP), they sought to project an image of inclusion and receptivity to public input. In reality, this high-stakes global corporate pact, now in its 14th round of discussions, is heavily guarded by paramilitary teams with machine guns and helicopters as it is developed behind closed doors under a dangerous and unprecedented veil of secrecy. What the hell is the TPP, you may ask? While it is among the largest and potentially most important ‘free trade’ agreements the world has ever seen, one can hardly be blamed for not being familiar with it yet. The corporate cabal behind it, including names like Cargill, Pfizer, Nike and WalMart, has done an exceptional job of maintaining an almost total lack of transparency as they literally design the future we will all inhabit.


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report by research firm eMarketer has revealed that Facebook's U.S.
advertising revenue for 2011 has surpassed that of both Google and Yahoo.
Facebook has become an internet giant and the most popular social networking
service with over 600 million active users as of January 2011. It has grown
leaps and bounds by offering new benefits like a coupon deals service,
and games like "FarmVille" and
"Mafia Wars" could make it the biggest bank by
Now, Facebook reigns supreme once again in the battle of the best. According to
eMarketer, Facebook's U.S. advertising revenue will total about $2.2 billion in
2011, giving it a 17.7 percent share of the market for graphical display ads
that appear on websites. Last year, Facebook had 12.2 percent share of the
Facebook's dominant position in the advertising industry is
not only benefiting Facebook, but it's also benefiting large and small
businesses alike. With banner ads, Web page sponsorships and video ads, local
businesses to large international brands are able to reach consumers through
Google's U.S. advertising revenue for 2011 will total $1.15 billion, up 34.4
percent year-over-year, and Yahoo's U.S. advertising revenue for 2011 will grow
by 13.6 percent. In 2012, eMarketer predicts that Google and Yahoo will be
competing for positions No. 2 and 3 in the U.S. display market. Yahoo is
expected to have 12.5 percent and Google is expected to have 12.3 percent.


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tv The Claman Countdown FOX Business July 15, 2019 3:00pm-4:01pm EDT
world, everyone else is doing the same. for the most part, the stock market is unchanged. liz, i have a feeling it will be another explosive hour. liz: that's a perfect word. couple things i want to let you know. bitcoin is well off its lows. nothing that the secretary of treasury said is fearing for the investors here. it's moving actually well off the lows here. we will check on that. plus the dow just broke in positive territory. that's a record here. even one point higher means a record. charles, thank you. breaking news. prime day turning into protest day. we are expecting at any moment the employees at the massive fulfillment center in minnesota will walk off the job on the biggest day of the year for the online shopping giant. the workers are looking for better working conditions and job security, among other issues. fox business has the cameras at the door right there at the center in minnesota to watch it unfold and to get both sides of
this story. but with amazon expected to bring in nearly $6 billion in a 48-hour sales extravaganza, can it fulfill everyone's orders on time, and a lot of orders there are. we will show you the best deals that brick and mortar stores are now trying to emulate. those stores now have a partner in crime. shopify is the company that helps mom and pop become mini amazons. shopify stock up 100% plus. one of shopify's top dogs is here in a fox business exclusive. you need to find out why that company is so hot. on wall street, look at this. we've got a record for the dow. all-time high. will we see it again? right now the s&p is just slightly lower. can it also see a new all-time high? any gain for all three indices means we are back in the record books once again, adding another page. and tropical storm/hurricane barry still being felt along the gulf coast as major flooding
stalls the resumption of business. what we are going to do is take you to the port of new orleans to find out how soon they will be running at 100%. a lot of things to come in, whether it's cargo or oil, matter to your money. plus, as we mentioned, treasury secretary mnuchin just spoke. everybody expected bitcoin to be battered. it is not. we have treason charges lobbed at google. and charlie breaks it on the future of mortgage giants fannie and freddie. less than an hour to the closing bell on this busy monday. let's start the "countdown." liz: yes, to that breaking news, just minutes ago, treasury secretary steven mnuchin dinged facebook's libra cryptocurrency plan. it is at the moment just a plan that they have announced, but in essence, the treasury department says it is seriously concerned that libra and the entire system
of it could be misused for money laundering, even calling the dangers of crypto a national security issue. despite mnuchin's misgivings, bitcoin actually hit a session high, still down about $900, but let me just explain to you, this was a two-week low earlier in the session before secretary mnuchin began speaking. i marked it at $10,410. look at it now, at $10,873 per bitcoin. mnuchin also said the agency warned that facebook must enact proper safeguards against any kind of illegal use of its crypto plan but we should also mention that facebook came out swinging, too, because one day before the head of facebook's new crypto unit, david marcus, heads to the hill, today he came out before secretary mnuchin and said a whole bunch of things. he number one said facebook is willing to work with regulators to make sure its cryptocurrency does not run astray of the law. he also said that there's no way
they will unroll this and unfold it unless it is in full compliance. we will have much more on this with the head of the consumer technology association. gary shapiro. boy, is he coming out swinging on these attacks on a nascent opportunity when it comes to cryptocurrency. after hitting an intraday record at the open, right now we are looking at stocks that are mixed, but we are almost all to the upside here. the bulls started to take a breather at the moment but then i want to say about one minute before charles's show ended, we had the dow punch up by one point. now we're up nine points. as i said, the s&p down just a third of a point. the nasdaq is up 14 points. i remind you that any move to the upside today for the indices, bingo, that's a new record close. deals are pouring in fast and furio furiously as well on monday. gilead is going to invest $5.1 billion to double its stake in belgian dutch biotech galapagos.
that's up 17.5%. ticker symbol glpg. nice move to $171.24. that's a record. gilead is also moving higher, up about 2.66%. analysts call it a win/win. why? because gilead gains access to the pipeline of drugs under development, galapagos gains an infusion of capital to develop the next wave of pharma growth. where one deal opens, another closes. semantic dropping on reports that broadcom is no longer planning to buy the company. you can see them getting hit, down 11% right now to $22.55. reports are that both firms ended the deal because they could not agree on a price. broadcom moving higher by 1.25% in a relief rally there. semantic wanted at least $28 a share but it's at $22 right now.
broadcom balked at paying that price, wanting to reduce it by $1.50 per share. you know, you had symantec say no go. where millions of americans are logging on to amazon to shop on prime day for all of those deals, hey, look up, off your camera, you got to see what's going on here. four countries, workers are walking out at amazon fulfillment facilities. this is a live picture at the moment. that's why it's just a little bit shaky. you can see here that at this particular fulfillment center which is massive, they have just walked out the door off the job to protest their employer. they are carrying some signs, as you can see. folks, we are just getting this camera up because they said top of the hour, 3:00 p.m. eastern, that's where we are, they would walk out. they demand no more discounts on income. that's what they're calling it. this fulfillment center in
shakopee, minnesota has some employees in essence filling 600 tasks per hour, according to susan li who isstein. they are set to belong this four-hour protest. amazon in response is telling fox business you know what, it pays their warehouse workers $15 an hour minimum wage which is more than many of its competitors. many get health care benefits. susan, i just saw the interview you did in the last half hour where you had the amazon management saying you know, they also really get a lot of benefits and then on the other side, they are wondering why aren't we full-time employees. susan: right. well, look, we got a first exclusive look inside this fulfillment center for amazon. these centers over the next 48 hours, as you know, especially as we are expecting record sales over the next two prime days, they are going to be very very busy. so we do have just around 100 staff expected to walk off the
job. in fact, that should have started at the top of this hour. what they are protesting is not pay. as i mentioned to you and you know, amazon has moved their minimum wage to $15 an hour and the amazon operations told us that at this facility, they pay $16 to $20 an hour on average. that's higher than most of the other fulfillment warehouses across the state of minnesota. why don't you take a listen to ashley robinson and what she had to say about this impending strike. >> amazon is getting a lot of press coverage and this is an opportunity for them to raise their visibility as well. it's unfortunate that they are conjuring this misinformation when in fact, we have a really great work environment and we actually provide a public tourist program. for anyone who wants to come in and see what it's like to work here, they absolutely can. susan: they opened up their doors. we will take a look at the robotics in just a bit. what the workers are protesting
are productivity quotas. we spoke to one worker who said she had to box 600 of them in 60 minutes. that was really causing a lot of stress and strain on her body. also something else they are protesting, not enough full-time jobs, a lot of temporary staff have been hired but not enough full-time positions. amazon, i want to give their side, they said that 90% of the staff that work here are full-time. i want to head outdoors and track this ongoing protest. i will get back to you later on. liz: susan is one of the few reporters on the inside. susan is straddling both outside and inside. that's called fair and balanced. you can see amazon's stock is up half a percent at the moment. in the past we have seen amazon stock go slightly down after prime because it fell on the news, right. but at the moment we have trading volume 2.2 million shares. what we are going to do is in just a moment, take an inside look at an e-commerce company called shopify that's changing the game for businesses that are
medium and smaller size. shares of shopify are up 125% year to date and we've got, in a fox business exclusive, the chief operating officer who is going to tell us what his company is doing to help retailers not fight, but figure out how to almost mimic the mighty amazon. stay tuned for that. as i said, amazon up $8.40 to $2,019. amazon not set to report earnings until later next week. can't wait to see that. let's get to citigroup. citigroup kicked off the big bank names, second quarter earnings season this morning before the bell. the bank reported better than expected earnings and revenue for last quarter. now, you can see the stock is responding at the moment positively, up higher, but there was some concern that the fact that it might have a little trouble with some of the margins and trading business might ding other banks. speaking of other banks, 25 other financial institutio, jpmorgan chase, goldman sachs, wells fargo, all set to report this week along with tech names
like ibm, microsoft, and netflix. we're going to be sweating it out here on "the claman countdown" but 56 s&p 500 names are set to report this week. 80 s&p companies overall have warned, though, that their second quarter financial results will be weaker than initially expected. this is hitting companies from alphabet google and apple to pfizer and adobe, micron and netflix also on the list. will this finally be the earnings season that reveals perhaps the clearer impact of the ongoing trade war, and can investors expect it to get worse next quarter? to our floor show traders. scott redler, what do you think? is there going to be some type of reveal where, as buffett likes to say, you see who's been swimming naked? >> right, when the tide goes out, everyone gets to see whose pants are down. that's what happens when they come out with their guidance. right now everyone is pretty much making their assumptions, they think this quarter's earnings aren't going to be great. that's why the pe on the s&p for
2020 has already come down to a 17-time multiple. but let's see the reaction to these earnings because right now, with all of the earnings estimates coming down, the stock market still at all-time highs, the s&p still above 3,000. i think today, we saw citigroup, right, they sold off a little bit but also rallied into the actual print so holding steady isn't so bad. the street is looking to see with netflix on wednesday. that's a key momentum name. it just came off the highs of $385. now the question is how will it react if it's inline, will it rally and if it does, maybe there's more momentum. if they sell it on inline or a little below, maybe the market takes a bit more of a breather. liz: right now it's down 2.25 to $365.03. i want to get to luke. luke, when you talk about impact of the trade tensions, oil and energy products are very much a part of this because if people are concerned about demand weakening in china, even though we've got some chinese data that did not look the worst ever, but
growth at 6.2%, still it's the worst in i guess, what, 28 years, i'm just very interested to know what you think about the oil patch and how that might be affected. >> well, it's in a little bit of trouble, liz. you can believe the numbers out of china or globally if you want but it's about opec. if there was huge demand, they would be cutting back for the last two and a half years. they are constantly cutting production which means there's not enough demand. now, there's a difference between oil and distilled products because we see good demand for unleaded gasoline being the summer, but there's plenty of oil in the world and these trade tensions haven't helped growth or global growth any. liz: i want everybody to take note of the dow jones industrials on the lower right-hand corner. we are just losing nine points of gains we had in the first 13 minutes of this show. we are still up about 1.5 points for the dow. i'm watching this because records are exciting, needless to say, but give me a sense of second quarter numbers. we like it when the markets and
investors tend to start focusing on real fundamentals and that would include earnings, but will we see some type of revelation, positive or not, about the impact of trade and the trade tensions? >> you know, there's no doubt, and it's not a secret, right? these companies have been telling you that we're going to have bad earnings because of the trade war, we're starting to feel the impact a little bit, but look at the market. it doesn't care. because they realize that, you know, for every company that's struggling because of the trade war, there are other companies that are having opportunities right now. and if you look at the u.s./china trade war right now, the u.s. is the best game on the street. listen, i love earnings season. i hate earnings season when everybody tells me this is going to be the best earnings season ever, you know. that's when i usually get disappointed. when we downplay expectations like we have so much, that's when you're going to get some upward surprises. is it going to go into the end of the year? i really don't think so.
i go back to that u.s./china data we saw this morning, the industrial production numbers through the roof. retail sales, through the roof. it's like this thing with china is starting to have an impact, and i think it will on the globe as well. liz: let's remind everybody, chinese government pours on the stimulus to make sure it can try and stabilize what is no doubt a weakening economy due to these trade wars and tensions. good to see you guys. scott, luke, phil, thank you. boeing, dow component, is stalling out just a bit when it comes to its stock shares. the closing bell ringing in 45 minutes. the aerospace giant is almost the dow 30 laggards after the "wall street journal" reported it now may not be until next year that the 737 max jet returns to service. so it's down $3.51. that's good for about a percent hit there. also hurting the stock is american airlines. american airlines announced it's extending its grounding of the 737 max flights through early november, if not further, and a
price cut to $427 from $435. boeing right now, at $361. up next, tropical sto storm/hurricane barry did not carry the punch many expected, and business on the gulf is coming back online. what we are going to do is take you straight to the port of new orleans to find out how they managed to mitigate what could have been an ugly visit from mother nature. but what about the flow of commerce? we're going to check on that for you when "the claman countdown" returns. don't go away. ♪ limu emu & doug mmm, exactly! liberty mutual customizes your car insurance, so you only pay for what you need. nice! but uh, what's up with your partner? oh! we just spend all day telling everyone
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liz: remember on friday, when i was with you, we had this tropical storm turning into a hurricane bearing down. at this hour, we need to tell you that more than 40,000 homes and businesses in louisiana are still without power, after barry battered the region, dropping more than 14 inches of rain. the tropical storm which briefly turned into a category 1 hurricane is now a tropical depression but with rain still pelting the region, southern louisiana still faces more than a dozen road and bridge closures. from a business standpoint, nearly three quarters of oil production or some 1.4 million
barrels per day have been halted in the gulf of mexico. that according to the u.s. bureau of safety and environment enforcement. as oil companies start to survey the damage, the port of new orleans has just opened again and the lower mississippi river is now open to most vessel traffic, particularly business traffic. but there are still some restrictions and shipments can still experience delays of 24 to 48 hours. that matters because the port of new orleans generates $100 million in revenue a year and welcomes a million cruise ship passengers every year. what's the short and long term impact from the storm? we have port of new orleans director of external affairs matt gresham joining us by phone. did you and your port workers make it through okay? >> we sure did. thanks for having me on today. yes, we resumed normal cargo and cruise operations yesterday and today. you know, really new orleans did not experience the forecasted
impacts that were predicted last week, thankfully. the coast guard was able to reopen the stretch of the lower mississippi river sunday to normal conditions, so we were able to resume operations. liz: oh, thankfully. you know, are all flood gates along the mississippi now open? >> oh, yes. the system was a little unusual for us, because it was due to the high mississippi river stage that we have been experiencing really since november and that's due to the heavy rainfall and flooding experienced in the midwest this year. typically this time of year, we experience low river stages heading into hurricane season but it's not been the case this year. so the threat that we typically face in new orleans is water from lake pontchartrain to the north, waterways to the east but the concern this time around was from the river because of the high river stage. so really out of an abundance of caution, the corps of engineers decided to close the mississippi river flood gates which is not typically the case. in doing so, that restricted
access to our terminal. liz: explain to our viewers why all of the united states should care about the port of new orleans. what's coming in and out of there that truly matters to the entire country? >> well, the port of new orleans is on the lower mississippi river, of course, and it's kind of in the middle of one of the largest port complexes in the world. there's five seaports from baton rouge to the mouth of the river collectively, those ports handle more than 500 million tons of cargo on an annual basis. that accounts for 60% of the nation's grain exports, 20% of the nation's oil and coal and you know, supports 530,000 jobs, produces about $182 billion worth of economic output on a national basis. so it's big business. liz: you know what, it is. that's why we wanted our viewers to know. plus you get a lot of cruise ship traffic as well. we are looking at the cruise ship stocks because that's important. you've got rail traffic, norfolk southern, whole bunch of railroads are coming in and
through southern louisiana to get things loaded there. i think that that's really an important business aspect that the country needs to know, right? >> no question. the port of new orleans is the only seaport in the united states with six railroads that converge in our gateway so that's a huge advantage for us, advantage for those railroads. also on the cruise side, we are the sixth largest cruise port in the country. in fact, looking at the "carnival valor" that's outside my window right now. we have a little north of a million cruise passengers we handle annually at our two cruise terminals in downtown new orleans. liz: we are looking at union pacific, norfolk southern, kansas city southern all day. can we get up the cruise stocks? thank you, matt. we are coming right back with the dow still in record territory. what a day. stay with us. jardiance asks:
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liz: as we look at google alphabet shares, they are up about a quarter percent in this final hour of trade as investors appear to be shrugging off flame throwers' accusations that google is committing treason by doing business with china. now, while appearing at a conservative conference in washington, d.c., silicon valley billionaire peter thiel demanded the fbi and cia, both of them, launch an investigation into google's quote, seemingly treasonous ties with china. that immediately sparked counter accusations and questions about his motivation. he was an early investor and is a current board member in google competitor facebook. the social media network has faced plenty of flack for allowing russian interference during the 2016 election. thiel has also founded palantir, under fire for working with the defense department, cia and fbi.
even as white house economic adviser larry kudlow just said this morning on fox business he doesn't think google is treasonous, we bring in gary shapiro, ceo of the consumer technology association, to establish right off the bat, where you stand. do you think google is committing treason? >> first, congratulations on "the claman countdown." it's fabulous. i love it. liz: thank you. thank you. >> i don't think google is committing treason. these tech companies are phenomenally strong and in compliance with everything. google is not doing business in china. treason is a very strong word. i think what they are talking about is one engineer who wrote an article with another chinese engineer about something which has broad applications across the consumer aerospace, other video gaming, other industries, and it's a little bit of an exaggeration. on the other hand, it is our government's job to protect us and to look into claims like this and make sure companies are staying within security guardrails. that's important. that's their job.
so i trust google. liz: that's interesting. would you then support an investigation if it came to that? not support, but would you say okay, listen, that's the government's job to do so? >> if it's something there. the truth is google can't even do business in china. they are blocked from one-seventh of the u.s. population for the most part. other companies have struggled there as well. china has an internet wall. apple has managed to get in but given the trade situation that's so uncomfortable, a lot of american companies are losing our ability to do business with china. it's hurting a ton of companies. liz: he's got this founders fund. he is a very powerful guy in the valley. airbnb, lyft, spacex, postmates, he's getting involved in a clothing company in asia. while onstage at this conference he got really specific and said, you know, google's super secret artificial intelligence business called deep mind, it's a project, has been infiltrated by
chinese spies. how much do people listen to peter thiel in the valley? what kind of power does he have? >> he's very important. obviously he goes against the grain on a lot of issues and that's made him a successful investor. he went against the grain on most tech people and supported president trump. he definitely has the ear of the trump administration. they listen to him. so he's important but we have to look at the facts here. the facts are there's very little to show that google has been nothing but a great american company employing tens of thousands of americans. they are a world leader. if anything, the chinese have replicated some of what they've done and based on what google has done, i wouldn't be surprised if they are trying to break into the chinese marketplace. they should be. it's the fastest, biggest growing country there is. but the trade wars are overshadowing that so it's very very difficult. i think it's very important that we in the bigger issue, we look at our relationship with china and normalize it, move away from these tariffs and get on to the fact that here's the two most powerful countries in the world and we have differences but we have a lot in common we have to
trade. the differences are strong and they're there. our freedom of religion, the first amendment we have to access the internet, to criticize our government, that's what we value. that's what we are more in line with europe on that. we have to recognize that china has a totally different view of the world. and we are going to get ahead on some things. liz: i'm trying to jump in because i have to get -- >> i'm sorry. liz: no worries. got to get your thoughts about cryptocurrency. this too is a brand new sort of nascent business and industry. as a consumer, and a technological development, you just had steven mnuchin an hour ago, the treasury secretary, in essence saying he's very concerned about i guess the safety of it, the privacy of it, and he wants to make sure that calibra and libra, the facebook plan they've got, coming out, that it will be rock solid and safe. now, bitcoin, this was a three-month picture, it's well off its lows of today's session. i don't know if we can get a hot board up on the price there.
it doesn't seem to be affected but what would you say to the treasury department and to anybody watching this, as facebook testifies tomorrow about libra before a house subcommittee? >> well, facebook is trying to create -- see where the future is going and anticipate it and they have gathered some leading american companies and a company from outside the u.s., created an organization outside of facebook, and they are anticipating the future which is what they need to do to be successful. the truth is, that libra is really aimed at the world and we could be world leading in that in terms of currency that offers the average person in the world opportunities that only wealthier people have around the rest of the world. i don't view it as frequent flyer points, if you will, for the great masses that don't fly. so it's a form of currency. it makes sense, it allows easy electronic exchange and a lot of benefits. not only u.s. leadership, but also the fact that as we move from currency, we can shift to a world where there's greater
government oversight of transactions. there's so much that's done outside of the tax system, for example. it will change that. liz: gary shapiro of the consumer technology association, great to have you. when we come back, we will go back out to the amazon protests. -driverless cars... -all ground personnel... ...or trips to mars. $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade.
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minnesota to support amazon workers who have walked off the job. they are looking for six hours of strikes on of course prime day, one of the most lucrative days for amazon. what they are supporting is these workers want better work conditions. as we mentioned, the productivity quotas which they think is unfair, more full-time jobs and there are also other representatives here in this crowd. we talked to one gentleman who is a representative of the afl-cio union, that's of course looking to help the amazon workers with better work conditions. even those that are supporting them just within the community and within the minneapolis community as well have joined them. as you see, passersby with cars beeping their support as well. we will keep track of this. back to you. liz: susan, thank you very much. please do. here's why employees walking off the job at amazon on prime day will have some type of effect on the company. because amazon is in the thick of its busiest shopping event of the year. take a look at some of the hottest tech buys for prime day
this year that people are piling in online to buy. for example, the apple watch series 3 normally costs $279. it's now $80 off at $199. airpods are on sale, $30 off the normal $199 price, for $169. the oculus go virtual reality headset, normally lists for nearly $200. it's now on sale for $159. but anti-prime competitors are and have been trying to beat the retail behemoth at its own game. walmart, target, ebay, best buy, all taking a page from amazon's book and running huge sales to rival prime day right now. our next guest is keeping his eye on those and the middle and smaller companies. he's the c.o.o. of publicly traded shopify. it's an e-commerce platform that allows businesses to sell products to anyone, anywhere online. shopify currently powers more than 800,000 businesses in 175
countries. he's here in a fox business exclusive. what are you doing on a day like this where it's amazon prime and everybody is trying to compete? >> frankly, for us it's just like any other day. obviously there's a lot of attention being paid right now to amazon, but i think what's happening is consumers more and more all over the world, they are looking to buy products directly from people that make those products. for a long time, e-commerce was inaccessible to most small businesses through its entrepreneurs. it was too expensive or complicated. with shopify, what we have been doing over the last 50 years or so is making it easier and bending the learning curve so anyone that has a great product or idea can build an amazing online store. we have now helped over 800,000 stores sell over $100 billion worth of products on shopify directly to the end consumer in a way that the consumer and retailer connect directly. while amazon is great, what they really do is rent customers for
those brands whereas when they come to shopify, we allow the brands to connect directly to the end consumer. ultimately we think that's a better bet on the future of retail. liz: okay. i'm going to throw this out there. let's say liz claman wants to start a business or i have a business of clothes that are in colors that look great on redheads. what would you do for me if i had no online presence whatsoever, but really feel that the legions, all 50 of us redheads out there, i know there are more, but need to reach but i don't have an opportunity to get my wares to them. what do you do at shopify for me? >> that's the best part about the product we have built. so what we would really do, if you know how to use e-mail, you can build a store on shopify within an hour. we make it really easy to get set up and help you ensure your business is successful. we make it easier for you to buy ads on things like facebook and google, easy for you to add great product descriptions, easy for you to build a following online. so while we don't give you -- we
are not a marketplace, we do enable these entrepreneurs to sell directly to the end consumer. we try to take away all the different areas that could be -- all the different pain points. for example, you may need to ship out those products once all those people are buying that great clothing you are making. we've gone to the shopping companies and negotiated on behalf of these 800,000 merchants so that they can get better shipping rates. we went to the payment companies to get them better payment rates. we have created shopify capital so that you need money to accelerate your business, you can come to us for cash advances. we have given out $500 million worth of cash advances to entrepreneurs. but the way to think about it is if you aggregate all of shopify stores, we are the third largest online retailer in the united states. liz: wow. >> what that means, the rates we get on shipping and payment and capital and all these different things, we take those economies of scale and give them to the entrepreneurs. what we do is we are levelling the playing field so that you, liz's clothing, you can compete with the big behemoth retailer -- >> i need a better name. >> if you look at kylie
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adjust your comfort with your sleep number setting. so, can it help us fall asleep faster? yes, by gently warming your feet. but can it help keep me asleep? absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. will it help me keep up with him? yup. so, i'll wake up ready for anything? oh, we've got your back. so, you can really promise better sleep? not promise. prove. and now, save up to $600 on select sleep number 360 smart beds. only for a limited time. liz: it's that time again, you guys, where i'm going to ask you to go from being a viewer to being part of my team. this sunday, i'm captain once again of team fox business as we enter our eighth new york city triathlon. yep, for eight years, friend of fox news and fox business, chris hahn and i have jumped into the hudson, then cycled 26 miles and cherry on top, run a 10k to raise money for the organization most near and dear to my heart, building homes for heroes.org.
we build mortgage-free homes customized to our worst wounded soldiers returning from iraq and afghanistan. it's our way of saying thank you for the sacrifices they made for our freedom. this is staff sergeant brendan maraco. he was the first u.s. soldier in iraq or afghanistan to survive, are you ready, losing all four limbs after his humvee was hit by an explosive device. when he finally got out of walter reed after 19 operations, building homes for heroes helped build a mortgage-free home completely customized to his injuries. it gave him the strength a few years later to undergo, you ready, a double arm transplant and one of the best days for us, as we all waited to hear, when his dad called to say the fingers on the nails were growing. it took. please help me thank these soldiers who gave so much for us. we will take anything, any donation, $5 can buy a box of rivets or nails. we have a big target to hit. last year you guys helped me raise $83,000.
go to building homes for hero heroes.org. click donate now. we will take anything. charlie gasparino, you want to be the first? >> there's my american express platinum. take it. liz: i'm taking this. >> take it. liz: i'm serious. >> my wife has the other one. liz: are you in? charlie's in. i hope you guys are, too. what have you got? what's the latest scoop? >> treasury department plan on fannie and freddie. lot of people talking about how this thing is being delayed. there's been some news reports on it that it is delayed. here's what we know, what's not going to be in it. i think this is key. not sure how this really affects the stock but it is pretty big. the trump administration, larry kudlow, who is an economic adviser to president trump, they were pushing for a possible privatization of fannie and freddie. no longer be part of the government -- liz: being propped up by the government. >> a privatization, pure privatization. the president actually asked kudlow and those guys and the treasury department and those
guys, steve mnuchin runs the treasury, now mark calabria who runs fha, those are all the players involved in the reform of fannie and freddie which is part of the government since the financial crisis, and we have been taking all their profits, okay. so they're looking like how do we get rid of this from being part of the government where it can affect the government in the future if they blow up, what we do know is this. we are getting this from people close to the treasury department. the privatization notion is not going to happen. they don't believe -- liz: really. >> they don't believe these two agencies can exist as private companies. the stock is going down on this. why is that? because listen, these are companies that would not exist without the government. if you put it out there as a private company, the chances of fannie and freddie being able to borrow cheaply, buy mortgages from banks and then sell those mortgages, it's not going to happen because they borrow cheaply precisely because they are part of the government. so it looks like when the treasury finally comes out with
its plan and i can't give you a timetable on that, it's been delayed. why is it delayed? this is the word i got from treasury. it's delayed because they don't have enough manpower internally. people that know about gse finance and how these fannie and freddie really runs, to basically do this fast enough and steve mnuchin, this has been reported already, has a lot of different things up in the air, trade, budget deficits, 2020 election coming. so the plan has been delayed. it's going to happen at some point. can't give you a timetable. but one thing we do know is right now, at least from the treasury standpoint, privatization is out. now, we should point out that mark calabria reports essentially to hud, a different line of report, he's going to come out with his own, he's going to do something on his own. we don't know exactly what it is. he's spoken a lot about an ipo, of refinancing this thing, maybe returning to getting them out of conservatorship as part of the
government, stopping what's known as the net worth sweep where we take all its profit, put it back into the company so they can build capital. he's got his own thing that he's doing. but to be honest with you, i have spoken with people who know calabria, he has to work with treasury on this. just the way this thing is working. there has to be some mutual buy-in on both. one thing i know from his heart of hearts, he would like to privatize it and get rid of them. there's no doubt about this. treasury is saying if you privatize them totally, it's not going to be a good thing. it might not be able to exist. from what i understand, one thing we have that they know as part of this plan that's not been published yet, they're not going to be advocating privatization as a viable option. that's what i have been told. liz: charlie, thank you. charlie's good to go for a donation to building homes for heroes.org. i hope you are, too. >> i am. liz: you are making money in the stock market. give me some of it. we are about to close at record
liz: just two minutes left to trade. the dow up by its fingernails up five points. nasdaq up by eight. s&p not there yet. if you're sitting on the sidelines, too concerned to jump in, waiting for the right entry point, do you have a fomo, fear of missing out? we need to be careful here is for fomo picks. give us some foam mow picks? >> this covers consumer discretionary. today is amazon prime day. they will be open 12 hours later than usual. the sales are expected to double from last year. the consumer healthy. job market is good.
people are shopping, potentially get appreciation in those names. liz: i don't know why we're showing the dow. >> another thing, treasurys returned almost nothing this year. tough look to the equity markets. where can you look? financials, earnings start out a little bit shaky. they might be decent, they might not. something like artificial intelligence and robotics might be interesting. ubot and robo, driverless cars. we're talking about da vinci robots, a.i., the wave of the future, millenial trade. liz: a.i. is massive right now? guess what else is massive, another record for the dow jones industrials. are we at top a few more innings
silvia has fomo picks on lizclaman.com. [closing bell rings] two new indices, two never-before-seen record closes, that nasdaq and the dow industrials. that will do it for "the claman countdown." ashley: liz, thank you very much. closing new record highs. the dow closing up 26 points. fighting for gains into the lows. but any gain is a new record. not bad. the s&p 500 not quite joining the party. nasdaq just went positive. i will take credit for that. i'm ashley webster in for connell mcshane. melissa: we'll give you credit for record. we won't tell connell, what do you think?


text:
Amid the thousands of iPhone and iPod Touch applications submitted that let users play games, listen to music, organize their lives, balance their check books and more, a few (4 percent, the company says) just don't pass muster.
Some get nixed because of content the company finds offensive, others because the purpose is too close to something Apple already has in the works.
The company doesn't often elaborate on its screening process (and declined to comment for this story). But it often leaves frustrated developers and controversial headlines in its wake.
Here are nine apps that ran into problems.
The most recent app to grab headlines, the 99 cent Baby Shaker, was pulled from the App Store Wednesday after it prompted outrage from organizations such as the National Center on Shaken Baby Syndrome and the Sarah Jane Brain Foundation.
The description of the app said, "See how long you can endure his or her adorable cries before you just have to find a way to quiet the baby down!"
The program displays a black and white picture of a baby with the sound of crying. Users shake the iPhone to stop the crying until Xs appear on the eyes of the baby. The company behind the app, Sikalosoft, did not immediately respond to requests for comment.
Apple offered an apology Thursday, the same day the App Store reached 1 billion downloads.
Apple spokeswoman Natalie Kerris said the game was "deeply offensive" and should not have been approved for sale, according to The Associated Press.
"We sincerely apologize for this mistake," Kerris said in a statement.
Before Apple yanked this $999.99 iPhone and iPod Touch application from the App Store in August, eight people had purchased the functionless application.
Designed by German developer Armin Heinrich, the program did nothing but broadcast to the world the wealth of the owner. Once downloaded and activated, "I Am Rich" displayed a glowing, red "ruby" on the user's iPhone screen.
In its official App Store description, the developer wrote: "The red icon on your iPhone or iPod Touch always reminds you (and others when you show it to them) that you were able to afford this. ... It's a work of art with no hidden function at all."
According to tech blog Valleywag, one curious patron accidentally downloaded the application, thinking it was a joke. But it seems that seven others -- five in the United States, one in Germany and one in France -- meant to actually buy the pricey program.
When another developer tried to spoof the "I Am Rich" app with a "poor man's version," Apple denied that one, too.
Submitted to Apple later in August, "I Am Poor" was intended to be the ultimate un-status symbol.
"It displays my artistic rendition of the poor college students standard meal -- ramen, mac & cheese, and tuna fish," Hardy Macia, the app's developer and owner of Canterbury, N.H.-based Catamount Software, wrote on his blog after getting Apple's rejection notice.
Apple told him it was turned down because it didn't contain any user-accessible functionality, he said.
Macia said he adapted the app in March so that it's now an E-Book of P.T. Barnum's "Art of Money Getting." But he's still waiting for word from Apple.


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Apple is speaking out against EU plans to force tech companies to adopt a universal charger standard for all smartphones and other electronics, reports the Financial Times.
The company argues that doing so would hamper innovation, hurt millions of customers, and create an 'unprecedented volume' of waste.
“We believe regulation that forces conformity across the type of connector built into all smartphones stifles innovation rather than encouraging it, and would harm consumers in Europe and the economy as a whole,” Apple said. “We hope the Commission will continue to seek a solution that does not restrict the industry’s ability to innovate and bring exciting new technology to customers.”
Apple Smart Battery Case for iPhone 11/Pro/Max On Sale for $26 Off [Deal]
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Gaming operator Vera & John has become the first online gaming/casino website to accept Bitcoin as part of the gaming on site. Bitcoin will now be recognised on the site as money, Bitcoin can now be used to wager on the various and vast amount of casino games on Vera & Johns Casino. Bitcoin has long become a craze online and is known worldwide as virtual money. Its popularity and media coverage surrounding it has just increased in recent years.
What is Bitcoin?
Bitcoin is virtual money, a digital currency that was created in 2008 under someone using a pseudonym. Bitcoins allows users to deposit and withdraw money without the middleman i.e. a bank and their fees. Bitcoin works between the users themselves, transactions are done wholly by the user to make sure it works successfully. In recent year’s Bitcoin has seen its shares rise to significant amounts. This is why Bitcoin has so much exposure in the past few years. Share prices have upped throughout the years. At one point the value of $17.80 of Bitcoins in 2009, is now worth up to $600,000.
Why has Bitcoin been introduced on Vera & John online Casino
Vera & John have introduced Bitcoin to their casino site as it has become so popular in the past few years. It has also increased in popularity and been in the news significantly, thanks to the share prices rising more than ever thought. The awareness of Bitcoin has increased making it more popular and understood as a currency. Bitcoin is also the first of its kind, so it is rare. This may be why it is so popular.
Vera & John have explained that one of their key values is innovation; this is why they wanted to be the first online regulator of Bitcoin. In recent months, a great amount of online companies have announced that they too, will be accepting Bitcoin in the near future. With roughly 12.28 million Bitcoins in the market and in the stock market. In the past year alone the price of Bitcoin has rocketed, and may well just continue.
Vera & John’s online casino accepting this type of virtual money will make it a success, which it no doubt should be. Most online casinos will follow suit. Vera & John is the first regulated and licensed online and mobile casino to accept Bitcoin.


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Europe's largest car maker Volkswagen is recruiting reputed tough guy Wolfgang Bernhard to bring order to its troubled VW brand.
As chief operating officer of Chrysler Group in the US, and pencilled-in to head its Mercedes Benz division, Bernhard oversaw severe cost cutting, including job losses, and the development of new models.
He left his previous employers this summer, however, after causing alarm among Mercedes employees with remarks about bigger and better shake-ups and more cost slashing.
He is due to join Volkswagen's management board early next year and will take over as head of the VW-brand division by January 2006.
Bernhard will have responsibility for the Skoda, Bentley and Bugatti brands, as well as VW. He will also be part of the company's so far unremarkable efforts to develop premium cars.
The German giant has seen plummeting sales of its VW models in the US and China, while the European market has responded indifferently to the re-style of the flagship marque, the Golf.
In the first half of the year, Volkswagen had a negative net cash flow of €1.5 billion, ($1.8bn, £1bn) and net income fell 36% to €383 million.
Data sourced from Wall Street Journal Online; additional content by WARC staff


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CANADIAN PHONE MAKER BlackBerry has officially canned the BlackBerry Classic, probably because nobody other than Kim Kardashian is buying it.
"Sometimes it can be very tough to let go," Ralph Pini, the company's chief operating officer and general manager for devices, wrote in a blog post.
"To keep innovating and advancing our portfolio, we are updating our smartphone line-up with state-of-the-art devices. As part of this, and after many successful years in the market, we will no longer manufacture BlackBerry Classic."
Today is a dark day for BlackBerry die-hards, but it's impressive that the handset lasted this long. The BlackBerry Classic was revived in 2014 complete with specs straight out of 2004, including a 3.5in 720x720 display, full Qwerty keyboard, and even a trackpad despite the display offering touch support.
The Classic also ran BlackBerry 10 OS (BB10) and, while the firm has pledged to continue supporting the software, the death of the Classic all but confirms that we won't see much more of the failing operating system.
BlackBerry has hinted that this is the case. The company has yet officially to bury BB10, but said that it wants to "give customers something better", which we assume is a reference to Android.
"We are ready for this change so we can give our customers something better, entrenched in our legacy in security and pedigree in making the most productive smartphones," Pini said.
It's perhaps no coincidence that BlackBerry's announcement comes just days after a leak revealed that the firm is gearing up to launch a trio of Android-powered devices: the mid-range BlackBerry Neon in August, the enterprise-focused BlackBerry Argon in October, and the keyboard-toting BlackBerry Mercury next year.
It remains to be seen whether adopting Android will secure a future for BlackBerry. The firm launched its first Android handset, the BlackBerry Priv, last year, and it didn't exactly set the world on fire.
We don't know exactly how much of a flop the handset has been, as the firm, perhaps unsurprisingly, refuses to reveal sales figures. µ
'Alexa, snoop on the West'
That's providing the chip is legit
Out, foul Speck
Celebrates with a promise of new functionality on the way


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Several sectors of Turkmenistan’s economy are rapidly evolving now thanks to recent investments of around $50 billion. There are about 1,700 large construction projects underway with a total cost of more than $42 billion. That amounts to more than 32% of the country’s GDP in Q1 of 2018.
The origin stories of airports, reactors, factories, and large industrial construction all share a common element: project logistics. Andrey Abramov, AsstrA Industrial Project Logistics Specialist shares how to map a project solution to a client’s specific needs and what goes into planning a successful shipment.
International transport and logistics company AsstrA-Associated Traffic AG delivered a cutting-edge BOMAG BW 226 DI-5 ground vibration roller from Boppard, Germany, to Ust-Kamenogorsk, Kazakhstan, for KOMEK MACHINERY Kazakhstan.
From March to August 2018, transport and logistics operator AsstrA-Associated Traffic AG transported crane parts, counterweights, crane maintenance equipment, and several self-propelled heavy and oversized cargo moving modules.
The capital of Poland hosted another «Biegnij Warszawo» 10K run on the 7th of October. The route passed through Warsaw’s main points of interests for pedestrians. It gave participants an opportunity to enjoy the beauty of the Polish capital and enjoy some exercise. Members of the AsstrA Running Team were also happy to take part in this event.
The next edition of one of the most important Polish transport and logistics industry events will be held next month. The 6th TransLogistica Poland International Transport & Logistics Exhibition will be held in Warsaw on November 6-8, 2018.
In August of this year, the AsstrA-Associated Traffic AG group of transport and logistics companies shipped a new 26-meter rail wagon to Germany, and then shipped similar cargo from Switzerland a few weeks later.
InnoTrans is one of the world’s most prestigious international transport technology exhibitions. Taking place every two years in the Messe Berlin exhibition complex, it turns the German capital into a real magnet for railway industry representatives from around the world.
Central Asia's largest exhibition and conference for transport and logistics services, the Kazakhstan International Transport & Logistics Exhibition (TransKazakhstan/Translogostica), took place in Almaty on September 18 and 19, 2018.


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Commerce Secretary Gina Raimondo known as for a serious enhance in U.S. production capability for computer chips whose present shortages are inflicting international manufacturing bottlenecks, saying the push might create jobs and wean the nation off over-dependence on China and Taiwan.
“Right now we make 0 percent of leading-edge chips in the United States. That’s a problem,” Raimondo stated Tuesday in a digital convention of the Council of the Americas, a business group. “We ought to be making 30 percent, because that matches our demand. So, we will promise to work hard every day, and in the short term also see if we can have more chips available so the automakers can reopen their factories.”
Reaching 30 % would doubtless take a long time of sustained funding. In the shorter time period, the Biden administration is in talks with Taiwan and Taiwan Semiconductor Manufacturing Co. to prioritize the wants of American automakers to spice up provide after a chip scarcity led to closed factories and furloughed staff, Raimondo stated.
Automakers have cut production after a surge in orders for objects similar to smartphones, TVs and computer systems left much less capability for a stronger-than-expected rebound in automobile demand.
Raimondo touted Biden’s proposal for a $50 billion fund to build semiconductors. Carmakers are pushing for a portion of the money to be reserved for vehicle-grade chips, warning of a possible 1.3 million shortfall in automobile and light-duty truck production in the U.S. this year if their trade isn’t given precedence.
“In the process of building another half a dozen fabs in America, that’s thousands of Americans that get put to work,” Raimondo stated. A “fab” is shorthand for a semiconductor fabrication facility.


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Coronavirus disease (COVID-19) has spawned a variety of different inventions to alleviate the negative effects of the disease. In the United States, shortages of essential items such as facemasks, gloves, and anti-bacterial solutions has created a unique demand for out-of-the-box thinking and innovation. Inventors have responded, bringing numerous novel inventions and improvements of existing inventions to the market.
Amidst the COVID-19 pandemic, companies and individuals alike have taken it upon themselves to lend their knowledge and expertise to the fight and join the rapidly growing network of inventors innovating in the Corona Virus treatment and spread-prevention arena. Due to the unprecedented demand of protective face masks, and consequently the scarcity, the innovation in this space has seen exponential growth over the relevant period of time. While N95 masks have been determined to be useful in combating the spread of the novel virus, they don’t fully block many viral particles, nor can they kill the virus. In addition, the masks are in extreme demand and the shortage has led to consumers and hospitals being unable to purchase them. As a result, a need for alternatives has been widely felt and inventors are responding to this need. Inventors across the world have come up with new versions of protective facemasks. Some of these inventors are creating completely new products, improving the protective functionality of face masks by guarding the eyes or including filters with antiviral and antibacterial agents. Others are taking already existing items from the market, like snorkeling masks and face shields, and using 3D Printing technology and other methods and processes to transform these products into protective facemasks.
As was the case with protective facemasks, other products that we normally take for granted have left empty spaces on shelves, in hospital rooms, and in our cabinets at home. While 3D printing has seen a surge in its practical use over the last few years, the last few months have seen a particularly sharp increase in the use of and need for 3D printed products. Producers of 3D printers like Formlabs are considering taking on a new purpose: keeping the products that they would normally sell and using them to produce nasal swabs for COVID-19 testing, as well as face shields to deter further spread of the virus. Other companies like HP and SmileDirectClub are using their 3D printers to produce ventilator valves, facemask clamps, and breathing filters. Individuals are getting involved as well. Many individual 3D printer owners have shared their 3D printing plans for public use to encourage the production of some of the items mentioned above, as well as items geared to a broader market, such as hands-free door openers, customizable facemasks, and ventilators that use snorkel masks as their foundation.
Experienced Patent Attorneys
In a situation like the one at hand, innovation plays an important role in promoting the health and safety of people all around the world. While there is great opportunity to bring new inventions related to the COVID-19 pandemic to market, the need to properly protect those inventions still exists and may be more important now than ever before. Having the right lawyers on your side to protect your inventions can make all the difference. The Plus IP Firm’s experienced patent lawyers represent inventors of all types seeking to prevent, treat and eliminate coronavirus disease. We will fight to win your case, so you can profit from your inventions. Learn more during a free case evaluation.
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ALOK Dhanda, an independent financial adviser, with his own business in Newcastle, predicted an increase in exports and a tourism boom in the region.
He said: “I t hink it’s safe to say things have improved. I said last time house prices had dropped for the eleventh consecutive month. Now they have risen for the fifth.
“This time last year everyone was being extremely cautious. People were being careful with their money and were not investing. Now we have seen house prices increase again. There has been much more action in the mortgage market.
“The coming year could reflect something we call, ‘the dead cat bounce’ - it’s what happens after you hit rock bottom. If you look at the FTSE share index, it’s around 5,000 at the moment, Last year it hit a low of 3,512.
“In my opinion we will continue to see a steady rise across the world economy this year. People are now investing again, they’re not as frightened to commit to investments. In my opinion this will continue.
“I also think a lot of companies who have had to make cutbacks during the downturn, and who have struggled, will start to claw back a bit. You can already see some stores taking more staff back on ready for Christmas.
“I’m not going to say we’re out of the woods but things are looking up. Some say this is a short-term view, but you have to take a world view. There are already companies moving out of recession.
ASTROLOGER of 20 years Frank Pilkington provides horoscopes for C4 Teletext.
Last year he predicted “a new sense of regime” in Europe and a three-year recovery period for the economy.
He said: “We are still on course for that recovery. Things will improve slightly this year, but there is going to be amazing change.
“I am calling my year ahead, ‘a taste of things to come’. It will see the old fighting against the new. Pressures will start to build.
“People who are creative or optimistic are going to jump into a new way of living, but the old will try to keep everything safe and secure.
“This is a risk-taking year, Saturn is going into Libra, so it will be a difficult time for relationships. Uranus is going into Aries, which signifies new beginnings.
“There will be a strong connection to uniform in the coming year. It will be reflected everywhere, particularly in fashion.
“I said it will take three years for recovery to happen, and over the next year everything will turn around completely. People won’t like the old changing for the new.
GYPSIE fortune-teller Angeline Lee had predicted a new Prime Minister and a change in people’s attitudes to money.
She said: “Money will certainly start to pick up this year. The credit crunch is going to start to mend.
“And business will start to get better and properties will start to improve in value.
“People have learned how to live without money, so next year there will be a bit more money to spend. There will also be more business opportunities, and more jobs for the young.
“The rich will stay too rich and the poor will stay too poor, it won’t level out next year.
“Over the next year people must remember to follow their instincts, and not to let anything stop them. Hard work is always the solution.”


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The first week of the new year brought with it a new record for Apple. The company has announced that customers all over the world spent almost $500 million (almost R6 billion) in the iTunes App Store between 1st and 7th January.
New Year’s day alone particularly stands out because it was the single biggest day ever in App Store sales history, according to Apple.
The company said that last year, overall revenues from the App Store rose 50% and developers earned payouts of more than R100 billion. That’s over a third of all earnings since the launched App Store in 2008. In its entire lifetime, developers have reportedly generated $25 billion (around R270 billion) from apps and games.
“We’re so proud of the creativity and innovation developers bring to the apps they create for iOS users and that the developer community has now earned over $25 billion.”
[Image – Shutterstock]


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Today, for the first time in nearly a century, a total solar eclipse will cross the U.S.
Partial Solar Eclipse in Maryland
Here in Maryland, we’ll have partial coverage with about 80 percent of the sun covered during the event. The partial eclipse will last between two to three hours and the total eclipse, for those within the path, will last just under three minutes.
Safety Tips for Viewing Today’s Eclipse
Because it’s a once in a lifetime event, you may be tempted to sneak a peek without glasses, but those few seconds could cause a lifetime of damage to your eyes.
Looking directly at the sun, even during a partial eclipse may result in permanent damage to your retina and vision. The only way to safely view the eclipse is by using “eclipse glasses,” which have solar filters that block out harmful ultraviolet and infrared radiation.
The American Academy of Ophthalmology offers the following tips for safely viewing today’s eclipse:
- Before looking up at the bright sun, stand still and cover your eyes with your eclipse glasses or solar viewer. After glancing at the sun, turn away and remove your filter—do not remove it while looking at the sun.
- The only time that you can look at the sun without a solar viewer is during a total eclipse. When the moon completely covers the sun’s bright face and it suddenly gets dark, you can remove your solar filter to watch this unique experience. Then, as soon as the bright sun begins to reappear very slightly, immediately use your solar viewer again to watch the remaining partial phase of the eclipse.
- Never look at the uneclipsed or partially eclipsed sun through an unfiltered camera, telescope, binoculars or other similar devices. This is important even if you are wearing eclipse glasses or holding a solar viewer at the same time.


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Bradford-based home credit firm Provident Financial said its first half statutory profit before tax fell 45.6% to £90 million amid ongoing problems with its move from using self-employed agents to directly employed agents.
The firm has found it harder than expected to recruit debt collection agents.
Provident Financial said the fall in profits “reflects the disruption to collections and sales performance caused by a higher level of agent attrition together with reduced agent effectiveness during the migration of the home credit business to an employed workforce.”
Provident Financial shares fell more than 5% to around 2,170p to give it a current stock market value of roughly £3.2 billion.
Provident Financial CEO Peter Crook said: “Whilst I remain disappointed by the higher than expected operational disruption to trading in the home credit business, the new business model was deployed as planned during the first week in July …
“I am confident in the strategic rationale for the change and the business is working hard to improve customer service and collections performance ahead of the seasonally busy fourth quarter.
“Vanquis Bank, Moneybarn and Satsuma are booking record volumes of new business derived from a combination of product innovation and enhanced distribution.
“The group has continued to exercise strong discipline around credit and not observed changes in customer behaviour in relation to either demand for credit or credit performance.
“The board has maintained the interim dividend recognising the group’s medium-term growth opportunities.”


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Department store giant John Lewis is planning to boost its games offer ahead of the Christmas period, MCV can reveal.
The development follows news that John Lewis will invest 6 million in 30 new standalone stores that will focus on its home and electrical lines, with the first new store format set to open in Poole in October.
The High Street retailer has stocked a limited quantity of consoles in the past, but is now intent on improving its software line-up as video games head further into the mainstream.
Over the last 24 months, gaming has very much moved from the bedroom to the lounge as Nintendo has made it something families can enjoy together,” said John Lewis’ product development manager for entertainment systems, Tom C Smith.
We are also seeing the age range of the core gaming population spreading, as those who left it in their teens return to it in their late ‘30s. Grandparents are not just buying gifts at Christmas, they are buying for themselves. More and more John Lewis customers have gaming as part of their lives and expect us to provide solutions.
Gaming has been a focus over the last 12 months, not just to sell hardware, but investing in our relationships with software suppliers and looking at ways, with limited space, we can provide a coherent assortment. Are we there yet? No. But we will be a lot closer before Christmas.
Combine this with our award winning customer service from our store partners, taking you through what additional benefits the latest generation of consoles can provide, we believe we are well placed to be part of this very exciting and rapidly changing market.”