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We are extremely honoured to announce for the second time, that Her Majesty The Queen has been graciously pleased to confer Her Awards for 2018, under advisement of the Prime Minister and a highly revered advisory committee, the prestigious Queen’s Award for Innovation to iCandy World. The Queen’s Award for Innovation is the UK’s most esteemed award for outstanding contribution to contemporary British product design and engineering and is a true testament to our innovative thinking and expertise.
We now look forward to welcoming once again Her Majesty The Queen’s representative to our Headquarters, where the Lord Lieutenant will once again present us with a commemorative engraved crystal bowl in acknowledgement of this fantastic achievement and second Grant of Appointment. The 2018 Queens Award also marks Her Majesty’s Sapphire Reign, serving as both Britain and the world’s longest reigning monarch. This impressive legacy of 65 years of accomplished progress for British Industry, makes this year’s award an extra special celebration as 2018 will also mark our 85th birthday as a proud British business.
As a fourth generation family business, the entire team feel privileged to be recognised with another Queens Award, it is an acknowledgment to the entire business of the hard work that goes on all year round to deliver innovative products, which truly represent the best of British design and engineering. Having been amongst the prestigious winners of the 2016 Queens Award for Enterprise in International trade, we feel greatly honoured and absolutely delighted to be granted a second appointment, this time the coveted award for Innovation. This cements our position once again as leaders of distinguished design and engineering.
The award recognises the innovative design of the iconic Peach pushchair, long seen as the jewel in the crown of of our well-respected product portfolio. From its inception and introduction to the market place in 2009, the Peach set a precedent within the nursery industry and quickly became a household name known around the world as being at the forefront of style and functionality. We have always strived for perfection across design, innovation, style and safety since 1933. Our precision manufacturing journey has enabled us to create one of the most recognised multi-configuration single to double travel systems within a single footprint. The iCandy Peach remains our flagship model, it can also adapt into a double travel system to grow with your family thanks to the use of innovative adapters. In just a few clicks the pushchair transforms into a double and back into a single pushchair when needed. Crafted and engineered to deliver a genuinely bespoke driving experience that offers ease of use for the parent and sublime comfort for the baby, this pushchair sets a whole new standard in the ultra-high luxury pushchair class. The Queens Award also marks the launch of the highly anticipated fifth generation New Peach. Boasting over 60 radical modifications to its predecessors, we believe it will once again redefine parenting life.
Whilst the quality of the Peach is one of the fundamental reasons for our success in qualifying for a Queens Award, all iCandy products are equally responsible for achieving such recognition. From the lightweight, nimble option of the iCandy Raspberry, to the multifunctional iCandy Strawberry and the iCandy Apple to Pear which originally brought our business to the forefront of global pushchair innovation. Our team of British in-house designers work tirelessly to create products which exude style, forever continuing to invest in expanding our portfolio of luxury nursery products. From the award winning, modular high chair design of the iCandy MiChair, that can provide comfort to your child from birth to around 6 years old, to the absolutely future proof Orange pushchair with integrated ride-on board, dynamic cinema seating, and over 30 configurations, we strive to surpass expectations. 2018 is no exception, bringing an exciting collaboration between two great British companies with iCandy and Land Rover co-designing and engineering the new Peach All-Terrain four wheel pushchair. ‘iCandy for Land Rover’ is set to launch this summer and will be the perfect companion to adventure seeking parents across the world.
Throughout our 85 years, we have taken an everyday product, the pushchair; and through innovation and brand development, created a premium high-end, luxury fashion product. Our two Joint CEO’s, brothers Bradley and Warren Appel, will be returning to Buckingham Palace in June 2018, two years since their last visit to celebrate this great honour.
“This is the achievement of our quite extraordinary team at iCandy, both here in the UK and within our iCandy global operation,” says iCandy Joint CEO Bradley Appel. “Since our establishment in London 85 years ago we have employed thousands of staff. They are all individually the most talented and dedicated team who are all truly industry experts and leaders in their various roles. My brother Warren and I could not be more proud of everything they achieve and know that without them it would not have been possible to achieve yet another Queens Award from Her Majesty The Queen.
We are immensely proud that iCandy’s creation of our first single-footprint double pushchair took Britain by storm and that our British design and innovation has been recognised and loved by so many families across the Globe. We do not believe our designs are iconic because we say they are, but because each pushchair we hand-make habitually becomes an industry game-changer. Trailblazing to improve both parent and baby’s world is the number one focus of our innovation, but we can see no reason for personal style to take a back seat. On the contrary, new life is the perfect excuse for parents to make a statement about who they are. iCandy’s balance of performance and luxury is the signature of parents who expect more, and want to experience every moment of their new lives feeling confident and looking great.
We are confident that the endorsement of a second Queen’s Award can only assist iCandy’s commitment and will give our worldwide customers even more confidence in building long term relationships based on trust and respect.”


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Digital advertising has had nothing if not a tumultuous time in 2017. There's much to reflect on, even more to learn from, but also plenty to be positive about, as we enter 2018. Connected TV has become the talk of the town and the opportunities for convergence in TV and video spell huge opportunities for 2018. In a series of features reflecting on the past year, and looking ahead to what we can expect in 2018, ExchangeWire invites over 100 thought leaders from across the industry to share their views. In the latest installment of the series, experts deliver their opinions on the evolution of TV and video.
Connected TV demand will increase dramatically
"Connected TV has gone mainstream – with cord-cutters and cord-nevers driving the move from traditional TV to digital devices. But, as we know well, ad spend always lags behind user behaviour and it hasn’t caught up yet with the shift to connected TV. In 2018, we will see advertiser spend and demand for connected TV increase dramatically as there are advancements made in targeting and measuring. Connected TV has tremendous promise for marketers: the ability to combine the targeting capabilities of digital with the scale of the big screen. And while the challenges connected TV currently faces mirror those mobile faced in its nascent stages, so too will the solutions. Just as mobile players worked, and continue to work, to address these problems, so too will the connected TV industry. In the year ahead, marketers and industry players will work through these challenges together to start fully delivering on the promise of connected TV."
Lauren Wiener, CEO, Tremor Video DSP
A greater move to automated platforms
"Programmatic TV advertising is on the rise. According to research by eMarketer, the total spend in programmatic TV advertising in the US is poised to grow from barely USD$640m (£479m) in 2016 to nearly USD$3.8bn (£2.8bn) in 2019. In 2018, advertisers and their agencies will increasingly make the move towards automated platforms to leverage their data analytics capabilities to get better value from their investments. With the rise of new technological advancements in TV advertising, such as programmatic, cultural shifts within the broadcasting industry’s workforce which will accentuate in favour of more open, collaborative, and data-driven business models. Thanks to increased technology adoption, broadcasters will be able to drive change at an accelerated pace to keep up with new consumer demands and viewing habits. But, to drive change, broadcasters must first acknowledge there are better, more effective ways of selling local TV inventory and encourage their teams to explore new options."
Shereta Williams, President, Videa
TV will capitalise on its strengths
"2017 saw some huge shots being fired in the battle for audience reach and effective targeting. The digital giants focused on massive data and extreme scale as their weapons. 2018 will see TV capitalise on its own strengths: big screen experience, brand safety, powerful customer data, and precision addressability in premium environments. The TV media-buying landscape will continue to test and learn the potential for automated and programmatic trading. Programmatic buying will be a key foundation of that automation; but the real prize is true end-to-end automation of every component of buying and selling on TV. 2018 will bring an even greater appreciation of the extraordinary explosion of big screen entertainment across every device and platform. The TV world should take a moment next year to enjoy its ascendance, and applaud the continued dominance of TV in the world of consumer entertainment."
Adam Johnston, Head of Advertising Technology, Sky
Bespoke digital video will engage storytelling
"Online video – having overtaken banners for the first time - is the primary reason display advertising grew 18% year-on-year; and we expect this trend to continue. More advertisers will take full advantage of bespoke digital video to better tell their stories and engage with people, rather than simply reusing content created for a different channel. More engaging opportunities include the increasing emergence of dynamic personalisation – where the creative delivered to each individual is dependent on environmental factors or viewer data. There’s interactive video – particularly live streaming on platforms such as Facebook, Instagram, and Snapchat – which will continue to develop, as well as technologies such as projection mapping or spatial augmented reality, where 3D images are projected onto a flat surface. This will prove to be a powerful experiential marketing tool to wow consumers with new video experiences. 2018 will be an extremely exciting video year for advertisers."
Mike Reynolds, Senior Industry Initiatives Manager, IAB UK
Publisher-direct models are the future of video
“As we move towards 2018, buying high-quality digital ad inventory at scale is still at the forefront of buyer’s minds. The joining of forces and creating of alliances between publishers, especially in Europe, has created a dynamic service that can leverage and increase the scale of premium video content offered to advertisers. Collaborative efforts in a publisher-direct model are the future. These environments are safer for advertisers, as there are alliances between buying partners and publishers, giving more control and structure. Brand safety is still a priority for advertisers, and this will continue into 2018, with almost a quarter (24%) of UK digital advertisers claiming it is the most significant aspect of media quality. With the current issues around digital supply transparency and inventory protection, premium video can potentially offer a haven for marketers because of the way it delivers high engagement at scale on all screens and in a brand-safe way. In 2018, we must see a shift by publishers towards programmatic direct monetisation of ad inventory to maintain transparency in the digital supply chain and also to keep up with the changing needs of consumers.”
Thomas Bremond, GM, International, Advanced Advertising, FreeWheel
2018 will see the marriage of AI, voice, and video
"If 2017 was the year outstream became mainstream, making up 52% of all online video spend, 2018 will be the year we see more innovation in video ads. AI is already being used in video to target individuals based on their interests and audience profiles, with the creative also being catered to each individual, based on their tastes and interests. As more advertisers realise the benefits of this hyper-personalisation, expect to see even more opportunities to dynamically personalise campaigns in real-time and self-assemble ads for every single impression. Next year, many brands won’t have just one version of a video ad, or even two or three. Rather, advertisers will have a unique version of an ad for every consumer, assembled in real time. This year we have already seen interactive chatbots embedded within outstream video adverts; the next step will be the marriage of AI, voice, and video. This means consumers asking the video ad for more information about a product using their microphone, not just typing. With the rise of personal assistant technology, such as Google Home and Amazon Echo, consumers are going to become more comfortable using voice to interact with chatbots, and video ads will be able to benefit from this."
Justin Taylor, UK MD, Teads
The 'flight to quality' in video will continue
"For years, Videology has been stressing the importance of premium content, and appropriate context, when it comes to advertising effectiveness. The trend finally seems to be moving in this direction, away from cheap reach strategies focused on video’s long tail. Why now? Several factors are influencing this flight to quality. First, issues of fraud and viewability in digital media came under the spotlight in 2017, prompting unease among advertisers about exactly where their ads were running. Secondly, the use of data, particularly first-party, is growing. With data comes not only the ability to target, but also the ability to tie back to performance, which highlights the difference in outcomes between advertising on long tail versus premium inventory. All of this suggests that the flight back to quality across all screens will continue in 2018. This is good news for broadcasters and cable networks that are bringing advanced data to their premium content on traditional linear feeds, as well as the new digital channels where audiences are now watching – including computer, connected TV, or mobile devices."
Scott Ferber, CEO & Founder, Videology
The future of connected TV will be ads, not subscriptions
"Connected TV (CTV) is going to look a lot like the traditional TV of today, as I predict the next big wave of content will be majority ad-supported, not subscription-based. Beyond Hulu, Amazon and Netflix, that intend to spend USD$13bn (£9.73bn) on content creation in 2018, new, OTT-only content networks, such as Sony Crackle, PlutoTV, and Young Hollywood, are sprouting up on smart TVs everywhere. A hurdle to this growth, however, is growing consumer subscription fatigue. Subscription models are less attractive when 10 services end up costing more than cable and consumers are only interested in a handful (at most) of programming on each competing net. Enter a time-tested cure: advertisers. Advertising, not subscriptions, will drive the broad and universal adoption of CTV amongst consumers and the funding to support content creators. CTV brings together the best of the digital and linear TV advertising worlds with the added capability for data-driven targeting. And, with the friction-free buying tools of the programmatic world already embedded in digital video workflows, it will become a go-to for brands seeking to escape the dark alleys of short-form, long-tail video exchanges."
Mark Zagorski, CEO, Telaria
There will be a push to enable more audience-based campaigns on TV
"The linear TV market, while facing continuing declines in ratings, will actually grow in revenue again in 2018. There is a flight to quality mentality with the biggest brand advertisers right now that have concerns around the well-known issues of fraud, brand safety, and measurement aspects of digital. That said, the TV industry isn't going to sit still, there will be a continued push to enable more audience-based campaigns on TV that can leverage a brand's or agency system's first-party data. This opens up the door for the few technology providers that can actually provide software and data solutions to power with buyers and sellers of linear. OTT's growth will make those experiences, and shows a bigger part of the 2018 upfronts. This again will require solutions that help connect user data to digital identifiers and linear viewing data. These are things that must happen for the industry to continue to grow, and to stay competitive with the FAANG giants in Video (Facebook, Amazon, Apple, Netflix, Google)."
Jay Prasad, CSO, Videoamp
Advertisers must look 'beyond the view' to push the industry
"Digital video is the best advertising offering available to brands that want to authentically engage their target audiences. Video will continue to dominate in 2018, as it increasingly encompasses people’s everyday lives across a multitude of mediums. Brands are looking more and more to embrace the power of digital video on mobile, desktop, and connected TV to highly engage with people and drive them through a customer journey on a path to successful business outcomes. Video advertising has the unique opportunity to convey a brand message through sight, sound, motion, and emotion. There is a disconnect from current industry viewability standards that registers a video view when 50% of the video is visible for a minimum of two seconds, with the sound off. No matter how great an ad is, two seconds is not enough time for a consumer to fully interact with a brand message; and it certainly shouldn't be considered a billable event. Advertisers must look 'beyond the view' and continue to push the industry to address this issue in the coming year."
Glenn Kiladis, VP Product & Strategy, ViralGains

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Introducing India Colombo - North Europe Service (ICON)
16 February 2011
Maersk Line is pleased to announce the launch of brand new ICON service covering South/East India and Sri Lanka to and from North Europe.
South Asia is one of the world’s fastest growing sourcing areas for our customers, and the ICON service will provide a unique and dedicated link to North Europe. Globally, Maersk Line has consistently captured top spots for schedule reliability and this will also be a trade mark for the ICON service.
“Being in close dialogue with our customers helps us spot trends in sourcing and anticipate future needs. That is how we came up with the ICON service. It is a milestone in the development of our coverage of the Indian Sub continent and shows Maersk Lines dedication to supporting growth in this region”, says Vincent Clerc, Vice President for Europe Services in Maersk Line”
The ICON service will deploy 7x3400 teu vessels and operate with the following port rotation:


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Duke students eye XPrize; Tesla picks Nevada; CommScope's in-building advance; Yelp can manipulate results; Obama hires Google, Twitter execs
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Research Triangle Park, N.C. — In today's Bulldog wrapup of the latest technology news:
Duke students aim for an Xprize;
Tesla picks Nevada for huge battery plant;
CommScope moves forward with new in-building wireless product;
Yelp can manipulate results, judge rules;
President Obama hires Google, Twitter execs.
- Duke Students Eye Xprize
The Blue Devil Ocean Engineering team are going for a $2 million Ocean health Xprize.
The team of Pratt Engineering and Nicholas School of the Environment team is one of 18 selected from around the world to submit sensors for testing of ocean pH testing.
“It is wonderful to see such a wide range of technologies submitted for the Wendy Schmidt Ocean Health XPRIZE,” said Paul Bunje, senior director of oceans at XPRIZE. “What is especially exciting are the non-traditional approaches. Many teams are using new methods and materials, such as nanotechnology, to accomplish their goal, while others are adapting techniques commonly used in other industries. It will certainly make for a heated race towards the finish line.”
- Tesla Picks Nevada
The Biggest Little City in the World is about to get a new neighbor: the biggest lithium battery factory in the world that Nevada Gov. Brian Sandoval asserted will create more than 22,000 new jobs and pump $100 billion into the state's economy over the next 20 years.
Tesla Motors Inc. CEO Elon Musk declared the Silver State the winner Thursday of a high-stakes battle with California and three other states for the $5 billion "gigafactory" he says they need — and need fast — to mass produce cheaper batteries for its next line of more-affordable electric cars.
Sandoval unveiled the package of tax breaks and incentives worth as much as $1.3 billion that his economic development team negotiated with Tesla in secret for nearly a year to bring the plant to an industrial park 15 miles east of Sparks, a Reno suburb founded along the Union Pacific Railroad a century ago.
The package still must be approved by lawmakers during a special session of the Legislature, which appears inclined to do so and could take action as early as next week. But Sandoval called it a "monumental announcement that will change Nevada forever."
Musk confided Nevada's wasn't the most lucrative among the offers from California, Texas, Arizona and New Mexico.
- CommScope's New In-Building Network
CommScope is moving ahead with a new in-building wireless product to help enterprises extend their networks. It's called ION-E.
“What once was a niche market—using distributed antenna systems to bring wireless coverage into hard-to-reach areas—has become a primary focus for most network operators and increasingly many enterprise IT organizations,” said Matt Melester, senior vice president and general manager, Distributed Coverage and Capacity Solutions, CommScope. “When you consider that upwards of 80 percent of mobile data traffic is indoors, and that businesses continue to adopt Bring Your Own Device (BYOD) policies, it is little wonder why.”
- Yelp Wins Court Case
Online review site Yelp can lower or raise the rating of a business depending on whether it advertises with the company, a federal appeals court ruled in a lawsuit filed by small businesses claiming Yelp used the tactic to try to extort ads from them.
Yelp has denied doing that, saying it uses an automated system to cull reviews that determine ratings.
The 9th U.S. Circuit Court of Appeals ruled on Tuesday that even if Yelp did manipulate reviews to penalize businesses, the practice would not constitute extortion.
The court said businesses do not have a right to positive reviews on Yelp, and that the San Francisco-based company can seek payments for its advertising.
"The business owners may deem the posting or order of user reviews as a threat of economic harm, but it is not unlawful for Yelp to post and sequence the reviews," Judge Marsha Berzon wrote for the three-judge panel. "As Yelp has the right to charge for legitimate advertising services, the threat of economic harm that Yelp leveraged is, at most, hard bargaining."
Berzon said the plaintiffs could pursue other claims involving Yelp, but the extortion allegation did not hold up.
Yelp said in a blog post on its website that it has never altered business ratings for money.
"We are obviously happy that the court reached the right result, and saw through these thin attempts by a few businesses and their lawyers to disparage Yelp and draw attention away from their own occasional negative review," the company wrote.
- President's New Tech team
President Barack Obama has named executives from Google and Twitter to tops spots on his technology policy team.
The White House says Megan Smith will serve as chief technology officer in the Office of Science and Technology Policy.
Smith will be responsible for guiding the administration's information-technology policy and initiatives. She most recently was a vice president at Google.
Smith succeeds Todd Park, who was named to the top job in 2012.
Alexander Macgillivray will serve as Smith's deputy and focus on Internet and intellectual property policy, as well as privacy issues.
Macgillivray most recently was general counsel and head of public policy at Twitter.
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Logistics automation specialists Swisslog is celebrating the 50th anniversary of its Vectura system, the organisations automated stacker crane for pallet warehouses.
Ports Australia has welcomed Stewart Lammin as the newly elected Chair of Ports Australia’s Board of Directors.
For the first time in the US a drone completed a scheduled commercial residential delivery to a home in Christiansburg, Virginia last week.
Prologis has entered into a definitive merger agreement with Liberty Property Trust by which Prologis will acquire Liberty in an all-stock transaction, valued at approximately $12.6 billion, including the assumption of debt.
Amazon has announced financial results for its third quarter, revealing a decline in profits.
Carly Cummings has joined the FourPL Advisory Team. Four PL is an Australian-owned supply chain provider with offices in Melbourne, Sydney and Brisbane.
Automotive Holdings Group Refrigerated Logistics (AHGRL) will open a new depot in Mackay ahead of the busiest period of the year.
The Australian Logistics Council (ALC) has put the spotlight on a number of freight infrastructure projects during the 2019 Australian Logistics Industry Parliamentary Function in Canberra.
Australasian Supply Chain Institute (ASCI) today has announced a significant addition to its Professional Accreditation Scheme. Practitioner Registration is now available for those working in the Integrated Logistics Support (ILS) environment.
The ACCC has declared it will not oppose the proposed acquisition of the Oxford Cold Storage business by Emergent Cold.


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Heroes Evolved Pandora’s Box Trailer
Heroes Evolved reveals its new Pandora’s Box system, available now for players to earn new rewards.
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A PEAK business body has weighed into the Albury Gold Cup half-day holiday debate by urging its members to inform council of the economic downside of them shutting for the event.
The Australian Industry Group has revealed since the half-day holiday's inception it has put submissions to council opposing it due to the negative impact to industry.
Albury Council this week committed to carrying out community and business consultation to determine its ongoing support for the half-day holiday.
AI Group regional manager Tim Farrah said to date only the economic benefits including increased visitation and been put forward and not the downsides of businesses being closed.
"We need to know the true economic situation," he said.
"It is imperative you know what your expenses are as well as your income.
"It is incumbent on council to make sure the community knows the full story."
"It is totally reasonable for any cross benefit analysis to include the cost to employers," he said.
"But I don't see any scenario where I wouldn't support the Gold Cup half-day holiday as I've always strongly supported."
Mr Farrah said he was confident the council consultation was robust enough to get the required feedback.
"It does give people an opportunity to make comment," he said.
"If it comes back and there is a positive economic impact once you take into account how much it costs business, then that is fantastic.
"But we just need to know that.
"In relative terms the amount of businesses that directly benefit from the half-day holiday would be very, very small compared to the amount of businesses that are negatively impacted.
"The amount of restaurants, pubs, motels compared to the amount of accountants, solicitors, factories, freight companies is a very small number."
Mr Farrah is hoping council will carry out a full economic impact assessment which includes the cost of wages paid at holiday rates to those businesses that must stay open but do not receive direct benefit from the event.
The council will re-visit the Gold Cup half-day holiday issue next month.


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A statistic in November 2021, noted the pharmaceutical industry in the United States was worth around 2.8 trillion dollars. This is a significant increase from just a year prior when it was valued at 1.27 trillion. While there are many factors that play into the massive increase, one of them is what people pay for their meds.
A pharmaceutical CEO was brought to justice when the Federal Trade Commission and seven states brought a case against a man known as “Pharma Bro”. Martin Shkreli must return $64.6 million in profits that he and his company gained by price-gouging and monopolizing the market for a lifesaving drug. The drug Daraprim is used to treat parasitic diseases in pregnant women, cancer patients, and AIDS patients.
Shkreli stated that “insurance and other programs would ensure people that needed the drug would get it” when he raised the price from $13.50 to $750 per pill after gaining exclusive rights to the drug in 2015. The company did settle and Shkreli has a seven-year sentence. As part of the settlement, the company “agreed to provide up to $40 million in relief over 10 years to consumers.”
The immense complexity of the pharmaceutical industry doesn’t stop once a drug has been made. It continues from manufacturing, labeling, shipping, and delivery through healthcare and consumer use. It is clear why the amount of regulation in this field exists and the number of checks and balances to ensure products are safe and reasonable for consumers.


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The new rules state that “tickets that are voluntarily cancelled or exchanged to a lower fare, funds are returned as a JetBlue travel credit that is valid for 12 months from the original ticketing date.”
DOJ filed a civil antitrust lawsuit today to block JetBlue Airways proposed $3.8 billion acquisition of its largest and fastest-growing ultra-low-cost rival, Spirit Airlines.
JetBlue’s new nonstop service from New York’s John F. Kennedy International Airport (JFK) to Paris Charles de Gaulle Airport (CDG) is available for sale starting today. Service will begin June 29, 2023.
JetBlue announced that a variety of new routes launching this year are out for sale starting today.
JetBlue is launching a partnership with NBCUniversal’s streaming service, Peacock. Beginning Spring 2023, Peacock will become the exclusive streaming partner of JetBlue.
JetBlue and American Airlines today announced the addition of a wide variety of new nonstop destinations from New York’s LaGuardia Airport (LGA), Newark Liberty International Airport (EWR) and Boston Logan International Airport (BOS) in 2023.
JetBlue today announced a new TrueBlue® loyalty program that promises new perks and more choices. New Mosaic levels, earn tiles with qualifying spend, credit card updates and more.
JetBlue today announced plans to expand transatlantic flying into Continental Europe with new service to Paris starting next summer.
This expansion will allow JetBlue customers to enjoy more travel options between the United States and 11 new markets, in eight countries, across Africa and Asia.
Beginning today, JetBlue has officially moved its Orlando International Airport’s (MCO) operations to the brand new state-of-the-art Terminal C.
Just hours after a shareholders vote ended the Frontier bid, JetBlue and Spirit have announced that their boards of directors have approved a definitive merger agreement.
JetBlue announced today that it plans to roll out enhancements to the TrueBlue program in 2023. Some current perks and options are also going away.
Jetblue nonstop flights to Guadeloupe (PTP) from New York (JFK) are set to resume on November 5.
JetBlue has officially launched service from Boston’s Logan International Airport (BOS) to London’s Gatwick Airport (LGW)
Blade Air Mobility, a technology-powered global air mobility platform announced today that it has entered into an agreement with JetBlue to integrate Blade’s Airport service into JetBlue’s TrueBlue loyalty program through 2023.
JetBlue has launched new service from New York’s John F. Kennedy International Airport (JFK) to Vancouver International Airport (YVR).
JetBlue has now offered an all-cash, fully financed tender offer to acquire all of the outstanding shares of Spirit for $30 per share.
Spirit intends to engage in discussions with JetBlue with respect to its proposal, in accordance with the terms of the company’s merger agreement with Frontier.
JetBlue is trimming its summer schedule as higher fuel prices make long-haul flights less profitable and staffing issues still linger.
American Airlines and JetBlue announced today new reciprocal benefits for their most loyal travelers. It is the latest round of customer benefits made possible by the airlines’ Northeast Alliance (NEA).


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By Jim Donovan
PHILADELPHIA (CBS) — Planning a plane trip anytime soon? Don’t forget to pack some patience! As 3 On Your Side consumer reporter Jim Donovan finds, the hassles of flying are leading travelers to find other types of transportation.
Americans say they are getting more frustrated with air travel. Steve Wood, who flies regularly, knows why.
“Well traveling a lot as I do, I’ve faced a lot of those delays and cancellations,” said Wood.
Flight delays and cancellations are passengers biggest concerns according to a survey for the U.S.Travel Association, an industry trade group.
Then there are those added fees for baggage and onboard extras. Add to it the hassle of security lines and many people say they now avoid flying when they can.
“Thirty-eight million trips weren’t taken because of people saying I’m just not going to take that trip,” said Roger Dow with U.S. Travel Association.
The U.S Travel Association says that loss costs the U.S. economy almost $36 billion a year.
Wood says he’s never been annoyed enough to stop flying but he can understand why some people would.
“It’s just the time that it takes to get to the airport, get checked in, get on the plane, sit in the connections, most flights have connection, just the time involved,” said Wood.
Sixty percent of people say they would travel more if flying was faster.
According to the report 9 out of 10 travelers say in the past year, travel has become more of a hassle.
That $36 billion to hit the economy is so large because it also includes lost revenue to hotels, restaurants and car rental agencies when people don’t fly.
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- Dramatic Video Captures Suspect Breaking Into Burlington Car Dealership, Fleeing With Customer’s Truck


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A Cork man accused of having €4,350 of cannabis herb at his home and cannabis plants growing in a tent outside his house said it was only for personal use. Seán Murphy, aged 42, was found with a number of plants growing in a tent outside his home, some 12 containers of cannabis in a shed, and a smaller quantity of cannabis and some weighing scales in his home at Knocknagalloch, Bandon, Co Cork. Murphy pleaded guilty to possession of cannabis and cultivating the drug but said it was solely for his own personal use. On July 16, a search warrant was executed at the defendant’s home under the Misuse of Drugs Act. Murphy showed gardaí a number of plants growing in a tent. In a shed, there were 10 labelled jars containing cannabis, one metal jar containing cannabis, and another container containing the drug. In his house, he showed gardaí a small, tin can containing cannabis and a weighing scales. Garda Sergeant Trish O’Sullivan said Murphy had admitted he had been cultivating cannabis but said that it was exclusively for his own personal use. The 217g of cannabis herb seized had a market value of €4,350, Sgt O’Sullivan said. The plants were too young to have any market value yet, Sgt O’Sullivan said. Mr Murphy has no previous convictions. Judge James McNulty said that it was a lot of cannabis for personal use. Judge McNulty convicted him on both charges but deferred penalty until a probation report was issued. He remanded him on continuing bail until February 18 when he is to appear again in Bandon District Court. Source: https://www.irishexaminer.com/news/courtandcrime/arid-40768596.html
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Source : Ireland: Cork man had cannabis plants growing in a tent outside his house!
reposted by Cannabis News World


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Web3 technology uses trust-minimization to execute financial transactions backed by cryptographic truth. In its current form, web3 is limited to use cases that do not require user data beyond on-chain addresses. To unlock new use cases that enable interactions based on non-financial variables such as social capital and reputation, web3 needs an on-chain identity layer that uses decentralized oracle networks to verify identity data while maintaining a certain degree of privacy.
Everest is a full-stack stablecoin provider and licensed custodian featuring a biometrics-based platform that allows users to digitally verify their identity. This week, Everest announced that it is now delivering its unique identity data to web3 developers as a data provider on the Chainlink Network.
Read the full article in Chainlink Today.


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A week ago, we reported that the sequel to Monster Shooter is coming soon.
Looks like it may hit the Play Store sometime in Q2, 2013.
Polish game developers, Gamelion, announced the sequel after seeing over 10 Million Downloads for the first version of the game, across various platforms including Android.
Monster Shooter 2 will be featuring full HD Retina graphics, & include a high-octane cooperation mode. What does that mean? Multiplayer Co-op, of course. The game will also have Boss battles, new game modes and new weapons. The game will be available for free.
Since they haven’t announced an ETA, I am guessing they are delaying the release of this game because they are working on a Worldwide release for Rage of the Gladiator. The Infinity Blade style game hit the Play Store last month for European users, leaving the rest of us green with envy.
via: Press Release


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Instead, the giant food producer known for its Tyson and Hillshire Farms brands is using blockchain technology to reduce food waste and track packages should contamination issues arise. Tyson has teamed up with IBM (IBM) - Get Report on the blockchain initiative. It's being joined by others in the food business including Walmart (WMT) - Get Report , Nestle and Unilever (UL) - Get Report .
"I think blockchain will have an enormous impact on the food business," Tyson Foods CEO Tom Hayes told TheStreet. "Something like tracking packages that used to take weeks now takes seconds."
Hayes is also bullish on Tyson's opportunity to make a major acqusition. No need to use blockchain for that one, just cold hard cash.
"We are on the hunt," Hayes revealed to TheStreet when asked about the serial acquirer's appetite to make a new purchase.
Other major companies are using blockchain, too. Watch below.


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Sherene Jagla will join the food and climate company this month to bring its sales, marketing, insights, and product development teams into one integrated function under her leadership as it prepares for its next phase of growth.
Jagla’s appointment follows a year of record sales for Impossible Foods. The company continues to be the fastest growing plant-based meat brand in U.S. retail stores, where it experienced more than 50%-dollar sales growth in 2022. In the food service sector, its flagship Impossible™ Beef product has been the best-selling product by volume of any plant-based meat brand in the U.S.
Named one of the Top Women in Grocery by Progressive Grocer, Jagla joins Impossible with more than 25 years of sales, marketing, and general management experience at Fortune 500 companies across the CPG and food and beverage industries. Most recently, Jagla served as the Senior Vice President and General Manager at Newell Brands, where she was responsible for a $2 billion business across 50 brands in 18 categories. There, she set the strategic direction for the brand’s top customer partnership and created a framework for collaborative growth that combined seven independent operating companies into one scaled organization.
“Our next phase of growth requires tight integration across teams and disciplines, and Sherene knows how to do that and build organizations that scale,” said Peter McGuinness, president, and CEO of Impossible Foods. “She’s transformed complex organizations into high-performing businesses, and she has a deep understanding of the food and CPG space. I’ve no doubt her leadership will help transform Impossible into a household name.”
“One of the reasons I was drawn to Impossible is the company’s focus on leading the category and commitment to creating delicious, nutritious, and sustainable food,” Jagla said. “Impossible has created a compelling brand with a strong product portfolio that’s primed for growth. I look forward to working closely with Peter and the Impossible team to build on this foundation.”
Jagla’s hire follows several key executive appointments for Impossible Foods in the past three months as it looks to significantly increase consumer awareness and trial in 2023. In November, the company announced its first Chief Marketing and Creative Officer, Leslie Sims(opens in a new tab), as well as its new Senior Vice President of International.


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Coming this week: The 2022 Nissan Frontier is almost here.
Sure, we’ve only had to wait an agonizing seventeen years — more than half as long as I’ve been alive — to see an updated version of Nissan’s midsize truck. Now, though, the wait is nearly over, and the 2022 Nissan Frontier will debut on February 4. It’s coming alongside the updated Pathfinder, but while that vehicle also has some pedigree, I’d happily wager more people are excited about the new Frontier.
So what do we know so far? We’ve seen plenty of spy shots, but thanks to Nissan’s efforts we don’t have to guess quite as much. The short clip below shows the Pro-4X, so naturally that means we are getting one. That was always a fairly safe bet, but it’s comforting to see it kicking up some dirt. Following in its big brother’s footsteps, the 2022 Nissan Frontier also features its namesake etched into the grille. The aging design may have cut it almost two decades ago, but the truck’s front end also looks properly aggressive and rugged, with sharper-looking LED headlights to boot.
Carrying over the 3.8-liter V6
Thanks to the old Frontier’s most recent update, we also know what will live under the hood as well. Ditching the old 4.0-liter mill, the 2022 Nissan Frontier will pack a 3.8-liter V6 that came along with the 2020 models. That makes this new Frontier the (current) frontrunner on horsepower, with 310. It just edges out the Chevy Colorado’s 308 horsepower, while all the other gasoline competitors don’t crack 300 (although some, like the Ranger, make up for it with higher torque). A 9-speed automatic transmission will be your only option — there’s no manual in sight.
Like the outside, we expect the new Nissan Frontier to borrow its interior styling cues from the larger Titan.
As far as pricing is concerned, we expect the new model to track fairly close to its predecessor. It’s standard fare to see a small price hike, but the Frontier’s strength has long been its dollar-for-dollar value when pitched against its rivals. That’s a position I doubt Nissan will want to give up, so at least top-end Pro-4X models should undercut equivalent offerings from Ford, GM, Jeep and Toyota.


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T-Mobile has announced a new promotion that will offer postpaid customers free unlimited high-speed data, at up to 4G LTE speeds, in all European countries, except Andorra, between July 1 and August 31 of this year.
The carrier noted that customers will receive the highest available data speeds depending on where they are traveling in Europe, while text messaging is free worldwide and calls are 20 cents per minute throughout the continent. Customers do not have to take any steps to take advantage of the promotion.
T-Mobile will also be gifting all passengers on any domestic U.S. flight with Gogo service with one free hour of Wi-Fi on their smartphone between this Friday and Sunday at 11:00 p.m. Eastern Time. Being a T-Mobile customer is not required.
Last, T-Mobile will be adding Belize to its Simple Global coverage area starting July 1, bringing free unlimited low-speed data and texting, and calls for 20 cents per minute, to the country. The expansion means that Simple Global will now be available in every country in the central and south Americas.


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US report warns of security gaps in C-TPAT
GOVERNMENT Accountability Office says companies under the programe cannot be cannot be guaranteed to be in compliance with US Customs and Border Protection standards on supply chain security.
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The judge's ruling allows 30 days for an appeal but encourages the parties to work out a settlement. The case involves competing, expensive drugs to control cholesterol.
A federal judge stunned Sanofi and Regeneron Thursday by ordering them to stop selling the PCSK9 inhibitor alirocumab (Praluent) because it infringes on patents of rival cholesterol-fighter evolocumab (Repatha), made by Amgen.
US District Judge Sue Robinson ruled that Praluent sales had to be halted for 12 years, but her order will not take effect for 30 days to give Sanofi and Regeneron time to appeal. The order, which came after a March 2016 ruling that upheld Amgen’s patents, could be the first step toward a settlement between the 2 pharmaceutical giants, and Robinson called on the parties “to reach an appropriate business resolution,” in her order.
Besides the potential lack of competition in a costly new drug class, Sanofi and Regeneron asserted that the ruling could mean fewer choices for patients, since Praluent is available in 2 different doses and Repatha is currently available in 1 dose.
In a statement, Amgen praised the ruling and said it was ready to work with patients who wanted to switch from Praluent to Repatha. “We are pleased with today’s decision that recognizes Amgen is entitled to an injunction against further infringement of our patent rights,” said Robert A. Bradway, chairman and CEO at Amgen.
“Sanofi and Regeneron admitted that they had infringed our patents, and the jury upheld our patents as valid. Protecting intellectual property is essential to our industry as it reinforces the incentives for the large and risky investments we make in innovation to bring forward new medicines to treat serious diseases,” he said.
Competition has been fierce between Sanofi-Regeneron and Amgen for the market for proprotein convertase subtilisin/kexin type 9 (PCSK9) inhibitors, injectable drugs that sharply reduce levels of low-density lipoprotein cholesterol in patients at high risk of cardiovascular events or who have genetic conditions that elevate cholesterol.
FDA approved the competing drugs in July and August 2015, but sales have fallen short of expectations, with most blaming the cost—wholesale prices for both topped $14,000 a year. Bloomberg reported that the loss could cost Sanofi and Regeneron up to $2 billion through 2020, while current forecasts for Amgen’s Repatha sales are just above $1 billion for 2018.
Sanofi and Regeneron vowed to appeal both Thursday’s order and the original ruling on Amgen’s patents, saying in a statement that, “the best interests of patients will be greatly disserved by an injunction preventing access to Praluent.”
Amgen first unveiled studies on evolocumab that wowed attendees of the 2014 meeting of the American College of Cardiology in Washington, DC. But Sanofi countered in January 2015, spending $67.5 million on a priority review voucher that allowed alirocumab to jump ahead in the FDA queue by a month. While FDA approved both drugs, the labels’ scope falls short of what European regulators allowed, which has required patients seeking PCSK9 inhibitors to meet strict protocols to gain access.
The ruling comes less than a month after Sanofi cut its US diabetes and cardiovascular sales forces by 20%, amid pushback from payers and pharmacy benefit managers on drug prices. This week, Sanofi announced Wednesday that a recently approved insulin combination therapy, Soliqua, is now available in the United States. The injectable therapy combines the basal insulin Lantus with lixisenatide, a glucagon-like peptide-1 receptor agonist.


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QNS recently reported that the Whitestone Shopping Center has been smacked with a slew of grand larcenies by an individual who specializes in car break-ins and identity theft, police said. The alleged crook, pictured in the two new images, has struck again.
One of the bandits most recent attempts took place on Thursday, March 31, between 8:20 p.m. and 9:05 p.m., in front of 137-05 20th Ave. The suspect broke into a parked car and stole three gadgets; an Apple iPhone 5S, an Apple iPad and a Dell laptop.
The thief continued his spree on Monday, April 11, between 7:55 p.m. and 8:30 p.m. in front of a Target located at 135-05 20th Ave. He broke into another parked car and snatched a briefcase containing personal documents and miscellaneous items.
Two days later on Wednesday, April 13, between 6:55 p.m. and 7:55 p.m., the suspect did his “dirty work” in front of a Shop Rite located at 133-11 20th Ave. Once again, he broke into a parked car and grabbed a pocketbook containing cash and credit cards.
Incident seven occurred on Monday, April 25, between 4:00 p.m. and 4:15 p.m. in front of 132-13 14th Ave. The suspect broke into a parked car and took a Samsung cellphone.
The suspect’s latest crime was on Thursday, April 28, between 7:50 p.m. and 9:20 p.m. in front of 153-37 Cross Island Parkway. He broke into a parked car and stole a wallet containing cash and credit cards.
Just in case you thought this bandit wasn’t bold enough, here are some of his past incidents:
The first incident occurred on Tuesday, April 12, around 5 p.m. in front of 132-11 14th Ave. in the center’s parking lot. The thief broke into a parked car and stole multiple credit cards and cash.
The bandit struck again the next day between 4:10 and 5 p.m. in a parking lot located at the intersection of Cross Island Parkway and 160th Street. He broke into a parked car and took a laptop, a credit card and a debit card.
The suspect then attempted to use the stolen debit card at a 7-Eleven, located at 149-52 14th Ave.
A third incident took place on Friday, April 15, between 6 and 8 p.m. at the Whitestone Shopping Center parking lot. The suspect broke into a parked car and stole a Samsung Galaxy 5 cellphone and a credit card.
Additional surveillance photos of the alleged suspect are obtained from a Chase Bank located at 32-45 Francis Lewis Blvd. and taken following incident #1 on April 12. The attached images are also available on NYPD’s website.
The suspect is described as a male with a light complexion and black hair.
Anyone with information in regards to this incident is asked to call the NYPD’s Crime Stoppers Hotline at 800-577-TIPS or for Spanish 888-57-PISTA (74782). The public can also submit their tips by logging onto the Crime Stoppers Website or texting their tips to 274637(CRIMES) then enter TIP577. All calls are kept strictly confidential.


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A newly published Nintendo patent shows foldable and even bending Switch JoyCon controllers.
Nintendo could be experimenting with all kinds of JoyCon permutations, including foldable and more ergonomic Switch controllers. The patent, which was recently made public, highlights what could be a new evolution to the JoyCons.
The documents show a myriad of configurations, but the most interesting show the top analog stick portion angled forward for better positioning, somewhat akin to the original Wii Nunchuk or Valve's Knuckles. Right now the controllers are stiff and unyielding, but the patents show JoyCons that fold slightly or even outright bend on a set curve.
These patents were made public at an interesting time.
Nintendo's Shigeru Miyamoto recently said the company is experimenting with new controller types, hinting more funky peripherals were on the way. We've already seen evidence of this with the next generation Switch Fit device that's aimed at fitness-oriented gaming.
"We are proud to have created a variety of user interfaces that have now become industry standards. At the same time, I also believe that we should quickly graduate from the current controller, and we are attempting all kinds of things. Our objective is to achieve an interface that surpasses the current controller, where what the player does is directly reflected on the screen, and the user can clearly feel the result.
"This has not been achieved yet. We have tried all kinds of motion controllers,but none seem to work for all people."
So we know Nintendo is indeed working on new controllers...but they might not be foldable.
As with any patent, there's no guarantee Nintendo will make foldable JoyCon controllers. Patents don't indicate final products, but instead the ideas for products, and are simply safeguards that protect the ideas should companies ever want to actually use them.
With the current JoyCon issues like drifting and cheap hardware, I can't imagine how wonky foldable JoyCons would turn out. But it's still a neat idea and I'd love to see Nintendo's internal R&D department to see what they're cooking up.


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Facebook-owned Oculus will release its virtual reality (VR) Rift headset to consumers for pre-order on Wednesday but one big question remains: how much will it cost?
In a blog post on Monday, Oculus revealed very little except that pre-orders will open from 8am Pacific time. The company also said that each headset will come with two free games – "Lucky's Tale" and "CCP's EVE: Valkyrie".
Oculus executives last year hinted that the Rift headset and a computer needed to run it will cost no more than $1,500 altogether. But there was no sign as to when the device would be shipped to consumers.
To shed more light on the topic, Oculus founder Palmer Luckey will be holding a Reddit "ask me anything" event on Wednesday before the Rift goes on pre-order.


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- 3 min read
Danone, HUL, KKR vie for GSK’s consumer business
As per Monday’s market value, 72 per cent of GSK is worth around Rs 17,980 crore.
MUMBAI: A bunch of heavyweights including France’s Danone, Hindustan Unilever and Nestle are competing with US private equity giant KKR & Co to acquire GlaxoSmithKline plc’s 72 per cent stake in its Indian consumer products division, GSK Consumer Healthcare, in a massive $4-billion deal, the biggest in the Indian consumer industry.
PepsiCo, Abbott, ITC and Mondelez are the other contenders, for the stake, which has been on block after the UK-based multinational pharma giant started mobilising resources to fund its $13-billion acquisition of Novartis’ consumer products.
The initial bids have come and talks are at an early stage, said sources with direct knowledge of the matter.
The transaction, perhaps the biggest in Indian consumer history, is expected to gather pace in June when the indicative bids turn into formal non-binding ones and the company shortlists contenders for the second round of negotiations, sources said.
As per Monday’s market value, 72 per cent of GSK is worth around Rs 17,980 crore and the deal could include an open offer to minority shareholders of GSK Consumer Healthcare.
Danone has hired Lazard as its financial advisor. GSK, which holds some of the best-selling consumer brands including Boost and Horlicks, has hired two US banks to manage the stake sale process.
Mondelez, Nestle, ITC, Abbott, HUL, KKR and Danone declined to comment. Mails sent to Pepsi also remained unanswered.
While GSK said it won’t comment on market speculations, the company had said on March 27 that it would assess its Indian consumer healthcare subsidiary as it looks to fund a buyout of Novartis’ stake in their global consumer healthcare joint venture.
“The purpose of the review is to assess the strategic options for our wellknown and highly valued nutrition brands, including Horlicks and Boost. These brands are licensed and distributed through GlaxoSmithKline Consumer Healthcare Ltd, a publicly listed company in India in which GSK owns 72.5 per cent stake. We are conducting this strategic review in support of our transaction to buy out the Novartis stake in our Consumer Healthcare joint venture with Novartis. We expect the outcome of the strategic review to be concluded around the end of 2018. There can be no assurance that the review process will result in any transaction,” it said on March 27.
For companies such as Danone, HUL, ITC and Abbott, GSK’s consumer division looks pretty much in line with their product portfolio and could be the best strategic fit.
KKR, which rose to global prominence with its $25-billion historic takeover of US food and tobacco giant RJR Nabisco in 1989, is one of the most aggressive private equity investors in India. The New York-based firm, which has raised a record $9.3 billion Asia fund, has been looking for big-ticket strategic assets in India.
Analysts expect the sale of Horlicks brand, or sale of Indian products.
“We assign a high probability of a global sale of the Horlicks brand, or a slump sale of Malted Food Drink (MFD) brands in India (Horlicks, Boost etc) and allied assets (excluding distribution infrastructure). We believe minority shareholders in India (GSK plc holds 73 per cent in GSK Consumer India) may be appropriately compensated if the parent sells the Horlicks brand globally,” Deutsche Bank said in a note on March 21.


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Thanks to our US sister site Design News for this one, in its coverage of the recent Maker Faire 2009.
“Oakland blacksmith, metal fabricator and sculptor Jon Sarriugarte took an inexperienced team of metal workers and built the Snail Art Car but the concept didn’t originate with Sarriugarte. It was his wife’s idea. ‘We were driving in the desert,’ he said, ‘and she said she wanted a snail car.'”
“The original idea was to create the car’s body in fiberglass but one morning at breakfast, the project suddenly gelled in Sarriugarte’s mind and he quickly drew the concept for a riveted and welded metal snail body on a napkin. Then he bought a partially restored 1967 VW bug from a seller on Craigslist for $400; he sold the body for $200 and he ended up with a low-priced, fully functional chassis and drive train for the Snail Art Car.”
Check out the article, but cover your eyes when it comes to the subheadline… Ess-car-go*
What would it be like to ride such a beast? Check out the video below (shame it isn’t of the car itself)
* Not to be confused with the Nissan Escargo
Previous I can’t believe posts:


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close Video Fox News Flash top headlines for July 6 Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com. NEW You can now listen to Fox News articles! Louisiana Democratic Senate candidate Gary Chambers, Jr. criticized President Joe Biden and the Democratic Party for not living up to past promises. Chambers noted the high gasoline and food prices hitting consumers nationwide during a June 28 interview on the radio show The Breakfast Club. He added that Biden has taken away rights and is building an "unjust" government. "What do we have to celebrate about America today?" Chambers said. "Gas prices high as hell — bread, milk, your energy bill. You're taking away people's rights, you're building an unjust government and then telling us to be excited about it. I'm not with it." SOME DEMOCRATS OPENLY OPPOSING A BIDEN RE-ELECTION BID, COURTESY OF THE NY TIMES Gasoline prices hit an all-time high in … [Read more...] about Dem Senate candidate hammers Biden for inflation, track record: ‘No different than the devil that we fight’
(CNN) — Buy Now, Pay Later installment plans have become popular among consumers seeking to spread out the cost of big-ticket purchases. But now, rising prices have some cash-strapped shoppers reaching for these alternative payment methods for everyday purchases, such as their daily coffee, gas station fill-up or grocery run, as well. That’s a concern for economists and consumer advocates, who say the surge in the use of these services, coupled with a lack of transparency and little regulatory oversight, leaves them wondering just how much debt Americans are actually getting into. READ MORE: Large Fire Damages Moore's Riverboat Restaurant In Isleton While other household debt, such as credit card spending and auto loans, is gathered and tracked by the Federal Reserve, Buy Now, Pay Later (BNPL) data is not included because the financing is typically provided by non-bank sources and not yet reported in a comprehensive manner to credit bureaus. That means there’s no publicly … [Read more...] about Buy Now, Pay Later Services May Be Getting Some Americans Deep Into Debt
One of the many remarks apocryphally attributed John Maynard Keynes has the British economist saying, “When the facts change, I change my mind. What do you do, sir?” To the best anyone has been able to determine, Keynes never spoke those words. They appear to have their origin in a 1970 appearance by American economist Paul Samuelson on the television show Meet the Press in which the topic of inflation was discussed. Paul Samuelson, the first American to receive the Nobel Memorial Prize in Economics. (Rick Friedman/Corbis via Getty Images) Samuelson was the author of what might be the best-selling economics textbook of all times, Economics: An Introductory Analysis . Samuelson’s book appeared in numerous editions in the years that followed its original publication in 1947 until its final version in 2009, the year its author shuffled off his mortal coil. Over the years, Samuelson’s estimate for the level of inflation that was healthy for the U.S. economy shrank from five … [Read more...] about Breitbart Business Digest: When the Facts Change, Will the Fed?
JERUSALEM (AP) — A key witness in the corruption trial of former Prime Minister Benjamin Netanyahu has testified that her billionaire boss ordered her to deliver gifts of champagne, cigars, and expensive jewelry to the then-Israeli premier in a scandal at the center of the country's political crisis. The expensive gifts lavished upon the former Israeli leader by wealthy friends are the subject of one of the three corruption cases against Netanyahu. He stands accused of fraud, breach of trust and accepting bribes, charges he has denied and dismissed as part of an attempt to oust him from office. The Netanyahus “love gifts, and they love pink champagne and cigars for Bibi,” Hadas Klein, the longtime assistant of one of the former premier's friends, testified Tuesday, using the prime minister’s nickname. The ongoing trial — already in its second year — is addressing allegations that while in office, Netanyahu accepted gifts worth hundreds of thousands of dollars from Hollywood film … [Read more...] about Key witness: Netanyahu received gifts from billionaires
Charles K. Whitehead is the Myron C. Taylor Alumni Professor of Business Law at Cornell University and the founding director of the Law, Technology & Entrepreneurship program at Cornell Tech. The opinions expressed in this commentary are his own. In the startup world, pushing regulatory limits to promote a new business is often seen as "entrepreneurial" or "disruptive." But breaking securities laws, as Elon Musk has allegedly done, is something different. It's well known that Musk has a strained history with the Securities and Exchange Commission. In 2018, the SEC alleged that Musk made "false and misleading" claims about taking Tesla private. Among other things, Musk agreed in a settlement with the SEC to pay a $20 million fine and step down as Tesla's chairman for three years. But the settlement does not seem to have deterred Musk from flouting the rules again. Earlier this year, Musk waited 21 days to publicly disclose he had acquired … [Read more...] about Opinion: The SEC alone can’t police billionaire CEOs like Elon Musk
WASHINGTON (AP) — U.S. employers advertised fewer jobs in May amid signs that the economy is weakening, though the overall demand for workers remained strong. Employers posted 11.3 million job openings at the end of May, the Labor Department said Wednesday, down from nearly 11.7 million in April. Job openings reached 11.9 million in March, the highest level on records dating back more than 20 years. There are nearly two job openings for every unemployed person, a sharp reversal from the historic pattern: Before the pandemic, there were always more unemployed people than available jobs. The figures reflect the unusual nature of the post-pandemic economy: Inflation is hammering household budgets, forcing consumers to pull back on spending, and growth is weakening, heightening fears the economy could fall into recession. Yet companies are still scrambling to add workers. Demand has been particularly strong in travel- and entertainment-related services. “This is not what a recession … [Read more...] about US job openings slip, but employment landscape remains solid


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Virgin Galactic has announced that the upcoming flight test of its SpaceShipTwo suborbital vehicle will be postponed by over two months due to technical problems, as part of a revised flight test schedule that will push space tourist flights to the year 2022.
Business executives attributed an unsuccessful flight test of the SpaceShipTwo on December 12 on the electromagnetic interference (EMI), which prompted a flight computer to restart just as the spacecraft activated its hybrid rocket engine, in an earnings report on February 25 timed to the announcement of its fourth-quarter as well as the full-year 2020 financial statements. The spacecraft landed safely at Spaceport America, situated in New Mexico.
According to Mike Moses, the possible cause of raised EMI levels, who serves as the president of Virgin Galactic, is a modern flight control computer program. To prevent a repeated reboot, the firm took measures to protect modules from the intrusion and is preparing a powered flight test as soon as February 13. However, technicians found continued EMI problems with vehicle programs in the final moments of preparations.
“We found some odd variations in some of the sensor readings — pressures as well as temperatures, for example — which suggested that EMI was still present and probably in systems we hadn’t anticipated,” he added. The company is currently working on a change to the flight control device that is triggering the EMI. Before restarting test launches, the improvement will be checked in the lab as well as on the vehicle itself in the upcoming days. The powered flight test is now scheduled to take place in May, according to the company.
Virgin Galactic’s CEO, Michael Colglazier, stated the organization is keeping to the test flight system it unveiled last fall. The May flight will be accompanied by two more: which included one with two pilots as well as a “full cabin” of company employees to test the vehicle’s passenger cabin, and one with firm founder Richard Branson on board to evaluate the vehicle’s passenger cabin. Colglazier stated the company hadn’t confirmed exact dates for the flights exactly, but both are expected to happen this summer.
A trip for the Italian Air Force will proceed, fulfilling a deal made in October 2019. The flight will transport a range of research payloads as well as 3-Italian payload experts, as well as bringing revenue to the business. “This flight will probably take place in the late summer or even early fall,” Colglazier stated, adding that it will produce profits for the business and “will end our product testing program.”


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The Meadville brewery is opening a pub to sell its brews closer to Pittsburgh.
Public can visit Voodoo Homestead and Spoonwood Brewing Co. in Bethel Park.
Several more brewpubs on the way as the foam continues to rise in the region.
A ruling by the Pennsylvania Liquor Control Board allows businesses with retail liquor licenses to legally bring suds to the front door.
The event at the Priory includes a five-course dinner and four-brewer panel discussion.
Gregory Kochanowicz said the 2008 robbery caused nightmares, anxiety and stress that led to a post-traumatic stress disorder diagnosis.


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Nestlé is grappling with an outbreak of E.coli-related illnesses in its frozen pizza that has reportedly killed two children in France.
French authorities have launched a criminal investigation into Nestlé over deaths and illnesses caused by its Buitoni Fraîch’Up frozen pizza, which is distributed in Europe and northern Africa. The attacks of foodborne illnesses have reportedly killed two children, ages 8 and 2½, and sickened 52 other children and one adult.
The incident has become a scandal in France due to inspections of the factory in the northern French town of Caudry where the pizza was processed. Pictures of things like a worm on a production line and food spilled on a floor were carried by French news media. Nestlé says those pictures were from two years ago and that lapses in hygiene at the plant were “an exceptional, unfortunate situation.” It is unclear whether hygiene issues at the plant could have contributed to the E. coli outbreak.
The affected pizza is not sold in North America. Nestlé bought the Buitoni brand in 1988 and spun off its North American operations early last year.


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The 44 remaining Marsh stores will go to auction Monday, June 12, as the Indiana company’s bankruptcy process continues.
The Fishers-based grocery chain received multiple bids for its assets as of Wednesday’s deadline, triggering the auction.
The winning buyer may choose to keep some Marsh stores open, convert them to another chain’s brand, or close the stores entirely.
Many Marsh stores have already shut down as the company struggles to stay afloat. Marsh officially filed for Chapter 11 bankruptcy protection in May.


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Amazon Prime Video won't be ad-free in 2024 without an additional charge
Amazon Prime Video will include "limited" advertising during shows and movies starting in early 2024, requiring customers to pay an additional fee to remove the ads.
Amazon says the move will allow the company "to continue investing in compelling content and keep increasing that investment over a long period of time." The announcement goes on to say that the company aims to have "meaningfully fewer ads than linear TV and other streaming TV providers."
If customers do not want to see advertisements, they will need to pay $2.99 per month to remove the advertisements as part of a new "ad-free option."
The company has not given an exact date for the change, but Amazon says it will alert Prime members several weeks before the ads are introduced. It will also provide instructions on how to sign up for the ad-free option.
In June, the FTC said that Amazon had enrolled millions of customers into the paid subscription service without their consent. When customers attempted to cancel Prime, they faced a multi-step process designed to be deliberately difficult.
Read on AppleInsider


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PC gaming has existed for as long the as the PC itself. Over the decades, PC gaming has grown exponentially. It might not be as big as the consoles but in 2018, PC gaming accounted for 25% of overall gaming revenue.
In 2018, the gaming industry as a whole brought in $134.9 billion which is up by 10.9% year-on-year. PC gaming brought in $33.4 billion in revenue, which is 3.2% up from last year. Despite that, console gaming still holds a major chunk of the overall gaming revenue.
Not only that, in 2017 PC gaming accounted for 28% of overall gaming revenue. Indicating that the PC market has shrunk a bit. This might be due to the lack of major PC games released on physical media as a vast majority of PC gamers download games digitally.
Interestingly, mobile gaming is the one that brought in the most gaming revenue in 2018. Mobile gaming accounted for $63.2 billion, which 47% of overall 2018 gaming revenue and up 12.85% from last year.
As for the consoles, they account for 28% of overall gaming revenue with $38.3 billion, this is 15.2% up year-on-year.
Furthermore, the PC gaming market showcased significant growth in digital downloads. PC digital games brought in $28.2 billion in revenue which is 7% up from last year. This indicates that PC gamers are all shifting towards digital and have ditched the physical media.
Browser games are down by 14.8% in 2018 while the “boxed and downloaded” PC games were up by 6.5%. Furthermore, PC gaming only contributed 0.8% to overall physical game sales in the UK.
While PC gaming increasing its revenue seems nice but, mobile gaming accounting for the most gaming revenue is troublesome. Mobile gaming being on top is probably due to microtransactions.
This could also mean that publishers will go for more and more mobile games stuffed with microtransactions. Already, mobile games are full of microtransactions as they are designed to make money despite being free-to-play.
But, don’t worry as this isn’t a stable market and eventually it will break as people will get sick of these “In-Game Purchases”.
As I mentioned above, PC gaming has always been a major part of the industry. Many of the popular franchises started on PC and some are still PC exclusives. Games like Diablo, World of Warcraft, Command And Conquer, League Of Legends, Dota 2, DOOM, and more started on PC and many of them still exclusive to PC.
Speaking of PC games, gamers are waiting for Rockstar Games to announce Red Dead Redemption 2 PC. While we are still waiting but, Red Dead Redemption PC gameplay has leaked online.
The leaked gameplay footage also revealed the graphical settings for the PC version. The game features the usual graphical settings for PC games like texture quality, v-sync, shadow quality and more.
This leaked gameplay for RDR2 PC confirms Rockstar is actively developing the PC version. Also, it will be interesting to see what enhancements the PC version will bring.


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Web 3.0 and the underlying distributed ledger technology has the potential to fundamentally change every aspect of how we engage with the digital world. Anna Grafton-Green, Regulatory Head of Legal at Blockchain.com, talks us through the world of Web 3.0 and what it means for lawyers.
The internet has had two distinct phases, pre and post social media. The initial phase, known as Web 1.0, was a digital playground where creativity and imagination reigned. Monetizing users was uncommon, and most web pages didn't even allow advertising.
Social media was the tipping point which saw economies move from human to data capital. Every man, woman and child could become a content creator and tap into this new revenue stream. Data was the new gold, and the internet was leveraged to extract as much of it as humanly, or digitally, possible. Web 1.0 became Web 2.0. And now Web 3.0 is making its presence felt.
At the center of Web 3.0 is Blockchain, described by Investopedia as, "A distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party."
One of the best-known applications of blockchain technology is Bitcoin, which since 2009 has gone from $0 in value and relative anonymity, to a peak of $64,000 USD and the centerpiece of a $3.1 trillion cryptocurrency market.
A new era of technological evolution is undoubtedly underway as Web 2.0 makes way for Web 3.0. Given the degree of technical expertise and the relatively sparse regulatory environment, this shift necessitates the involvement of audacious counsel who are not afraid to grapple with the consequent avalanche of new information.
Blockchain.com is a financial services firm that caters to both retail and institutional users in the crypto asset space. Anna Grafton-Green's role is to “look holistically at the business across both the retail and institutional space and ensure that the business is supported in navigating an increasingly complex regulatory environment”.
Grafton-Green believes increasing regulatory and legal certainty is a positive sign for lawyers interested in this space. “If you think about the underlying technological concepts in distributed ledger technology, we’re going to see increasingly more use cases for it. We will definitely need more involved expertise on how some of the legal issues surrounding that technology get resolved.”
She says certain skills are essential. “We are always hungry for people with transferable skills. It's about building an interest and an understanding of what’s going on in the legal and regulatory space and articulating well what transferable skills you can bring across.”
According to Grafton-Green, one of the most captivating challenges is how to map virtual activity around real world rights. “One of the really interesting questions we’re working through, is how we create and what kind of rights we can create in the digital universe," she says. "There is a question to be answered conceptually about how you map those into the real world, how you ensure they’re properly enforced, and how you ensure they operate well.”
Web 3.0 provides the opportunity to forge fit-for-purpose regulation as well. "It is a terrific opportunity to help contribute to the legislative and regulatory agenda. There are regulators who really want the industry at the forefront helping and educating them," says Grafton-Green. “It’s one of those rare opportunities where you get to be less reactive as a lawyer, and a little more focused on working through interesting and innovative solutions.”
The advent of Web 3.0 is providing an abundance of opportunities for counsel looking to shift gears and move into a field that is as challenging as it is diverse.


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ORLANDO, Fla. - A move to Central Florida is still haunting a woman who did all the right things when she hired a moving company.
Action 9 consumer investigator Todd Ulrich uncovered an ugly complaint history and helped the victim get results.
Jill Davis moved to Port Orange from New Hampshire five weeks ago. Most rooms in her new home seem empty, since her furniture disappeared on a moving truck.
“I didn't know there were people out there who did stuff like this,” Davis said.
She hired the Moving Dudes from South Florida.
The move cost $1,800, and she paid $600 upfront.
Davis sensed real trouble when a company driver called from New York asking her for gas money. Then, the delivery date came and went.
“I was told a day and a time, and it didn't happen, then I called back and I was told another time,” Davis said.
When the truck finally showed up, the company's older driver could not physically unload her property, so a friend had to unload it.
She got some furniture but claims 70 percent of her property is still missing and Moving Dudes can't tell her where it is.
“I have these big plastic bins of family photos, of my parents who are long gone. Things you can't replace,” Davis said.
Moving Dudes is in Deerfield Beach.
The Better Business Bureau has 48 complaints against the company in just the past year. The bureau says managers respond but customers are still not satisfied, and many had missing property.
“Even though the company has been responsible, it has not done a good job resolving customer issues, which is getting their stuff back,” said Cinthya Lavin, of the Better Business Bureau of Southeast Florida.
Ulrich contacted the company. A manager told him Davis would have all her furniture in 10 days. The moving company manager said there had been a shipping mistake and that's been resolved.
“They have my money and my stuff,” Davis said.
Moving Dudes has a federal license for interstate moves, but online, you can find a pattern of complaints. That's a check consumers need to make before signing any contract.
If her property doesn't arrive this week, Davis will file a complaint against the company’s license.
© 2019 Cox Media Group.


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WELCOME TO The TRAVEL REPORT
Travel at 60
Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...
Travel Advisor | June 12, 2020
Ralph Iantosca, owner of Iantosca Travel in Irving, Texas, has been a successful high-end travel advisor for many years, with a portfolio of loyal affluent customers. But the pandemic threw his business into disarray with his having to repay commissions while some suppliers did not offer refunds to clients. “I’ve never been through anything like this,” said Iantosca, “but after I got sick and tired of being sick and tired, I decided it was time to redo the way I do busine...
prnewswire | April 18, 2023
Wind Creek Hospitality announced today a partnership with Fabio Viviani Hospitality, LLC to operate the food and beverage outlets at Wind Creek Chicago Southland, located in the Villages of East Hazel Crest and Homewood.
Viviani, who has participated in multiple seasons of Bravo's Top Chef and also has his own cooking show, Fabio's Kitchen, has over 50 locations of various offerings in his portfolio, many of which are in the Chicago area.
"Bringing in a...
RetailMeNot | February 27, 2023
Trip.com, an international travel services provider, has recently launched its solution TripGen, offering live travel assistance with chatbot-designed AI technology. The solution provides customized options for travel routes, travel booking recommendations and itineraries in real-time on the Trip.com platform.
It offers all the solutions needed for safe travel in one application, making it more accessible and customer friendly. Trip.com is committed to giving personalized all-in...
Huawei | August 26, 2021
As part of its move away from hardware, Huawei is scaling up its cloud services and startup support in Asia Pacific and, while travel and hospitality is not top of mind yet, its move into this vertical seems inevitable with the expansion of its headquarters in Singapore and a recent first move in the Middle East.
Huawei, facing pressure in Western markets and a slowdown in consumer business amid U.S. sanctions, has been steadily moving its focus away from manufacturing to become a...
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An island kingdom just off the Arabian Peninsula, known as the first emirate nation to discover oil in 1932, wants to re-establish itself as the global center for sustainable pearls.
Natural pearls are one of the most sustainable and ethical luxury gems, both conflict-free and climate-friendly. With pearl beds bigger than Manhattan, Bahrain is looking to revive its traditional pearl industry — once the backbone of the country’s economy. For centuries, Bahrainis have free-dived to collect pearl oysters from the sea floor. “Most families, before the discovery of oil in Bahrain, were associated with the trade of pearling — from merchants to divers, drillers, dealers,” says Faten Ebrahim Mattar, a sixth-generation pearl merchant from the Mattar family, which has been in the business since the 1850s.
“Working in the natural pearl business is one of the toughest trades, due to the rarity of your star element,” he says. According to Mattar, Bahrain has a reputation as the “Mecca of Pearling.” In 2012 UNESCO declared the Bahraini pearl beds a World Heritage site, calling the region the “last remaining complete example of the cultural tradition of pearling and the wealth it generated at a time when the trade dominated the Gulf economy.”
“Our geographic location as an island in the middle of the trade route from Iraq to India attributed to Bahrain being an important marketplace for this business,” says Mattar. He adds that some marine biologists believe that convergence of saltwater with fresh natural springs in the middle of the Gulf creates a unique environment for pearls to grow with high luster. Though the value of the natural pearl plummeted after the advent of cultured pearls in Japan in the early 1900s, the gems are experiencing a renaissance as consumers look for more responsibly sourced jewelry and one-of-a-kind pieces.


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Enter the revised CPI: "Lawmakers are considering changing how the Consumer Price Index is calculated, a move that could save perhaps $220 billion and represent significant progress in the ongoing federal debt ceiling and deficit reduction talks."
And because nobody has an issue with the current artificial hedonic and otherwise adjustments to the CPI which always reflect a far lower increase in prices than what is actually happening, here comes the government with another idea to make inflation appear to be rising even slower: "According to congressional aides familiar with the discussions, the proposal would shift how the Consumer Price Index is calculated to reflect how people tend to change spending patterns when prices increase. For example, consumers tend to drive less when gas prices increase dramatically. Such a move is widely seen by economists as resulting in a slower rise in inflation.
Originally posted by Vitchilo
As one commenter said... America runs on BS.


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What are the major challenges facing the fashion sector? It is our conviction that the fashion sector is undergoing major upheavals. Longtime players and new entrants alike will now have to excel on three fronts – corporate social responsibility, agility and creativity – while preserving their singularity and coherence. Contrary to common belief, the key.
Rethinking Creativity to Better Meet Fashion Challenges
The release of NellyRodi’s latest fashion trendbooks (“Women & Men 2021”) offers a timely opportunity to talk to Global Creative Director Cécile Rosenstrauch about the challenges facing the fashion sector and how the agency has updated its methodology to meet them.


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Management Today | Business, Economic, Political & Financial News
By Jack Torrance Tuesday, 30 June 2015
The ailing grocer has gained market share for the first time since 2011.
EDITOR'S BLOG: The growing trend for self-service may be a mixed blessing, but I'd rather wait in for Ocado a dozen times than venture into a branch of Sainsbury's, Tesco or Asda.
The former FIFA boss's downfall shows us that power can corrupt - and you'll eventually be found out.
The e-commerce giant is expanding its 'Prime Now' service outside the US.
As its European bailout expires, Greece is defaulting on its IMF debt today. But what does that mean for its membership of the Euro?
The weather's looking up and so is the UK economy. Turnover at domestic carmakers hit a record high last year and consumer confidence is back at 2000 levels, too.
London's local broadcaster hasn't quite lived up to expectations.
WORDS-WORTH: When did financial records start being audited?
Carolyn Fairbairn has the unenviable/super exciting task of steering the business lobby group through the EU referendum.
Tsipras pulls out of talks, issues capital controls and calls a referendum on Eurogroup proposals, but Europe may well call his bluff.
Hyatt puts cash into Onefinestay's $40m fundraising, as some hotel groups cash in rather than compete with upstarts.
From banks and accountancy firms to tech giants and supermarkets, more companies than ever are out and proud.
Disappearing chocolate, Swedish meatballs and a Truffle Pig.
Talks are going right up to the last minute (again), but the Greeks haven't yet accepted a deal.
EU leaders agree to the prime minister's call for detailed talks on Britain's membership terms, but they may not be so agreeable in December.
The budget airline boss thinks quotas are 'counter-productive', but PLCs should cast the net wider when hiring female directors.
Tesco's sales decline slows as 'Drastic Dave' gets back to basics, but that may not be enough to save it.
The Swedish furniture chain is looking to attract time-poor consumers.
Employee ownership allows management to better take tough decisions, says Britain's Most Admired Leader.
Start-ups may be super cool in developed countries, but in poorer parts of the world many are forced to go it alone.
Time is fast running out for a deal to save Greece from debt default, but Tsipras' proposals don't go far enough for the troika.
The department store hasn't shaken its reputation for never-ending sales.
The tech giant is making its Google Play playlists free in the US, just before Apple Music's launch.
If leaders choose the right cause to campaign on, the results can be phenomenal for their brand, business and themselves
THE MT INTERVIEW: With dipping sales figures, the rise of the discounters and a charismatic predecessor to live up to, you would have thought the new CEO of Sainsbury's might be a little daunted. But you'd be wrong.
HOW I BEAT THE ODDS: The CEO of Tempus Energy has worked insane hours, changed the course of her business and learned how to take risks.
Crash Course: Summer's here and with it Wimbledon, The Ashes, Glyndebourne... and a chance to impress your clients. Here's how to get the sun to shine on your hospitality.
EDITOR'S BLOG: We're getting closer to G-Day, so let's make it a Ger-xit.
AUTHOR Q&A: Break up big supermarkets and ban smartphones for kids, says Steve Hilton
From swiping groceries to printing boarding passes, companies increasingly make us do more for ourselves. But who benefits from self-service, and is the aggro worth it?
When the recession hit, Ireland went from strong man to sick man of Europe in a heartbeat. Now it's in recovery, but will it last?
Why I'm hooked on Uber, the view from Corfu and the time I entered the murky world of sport.
YOU LIVE AND YOU LEARN: The chief economic adviser at CEBR and ex-wife of disgraced former cabinet minister Chris Huhne on life after jail, sexist work culture and why Europe needs to give Greece a hand.
The crowdfunding platform is booming, but investors are still waiting for a chance to recoup some cash.
MT got a rare glimpse inside the tech giant's 'Envisioning Centre' at its Washington HQ.
EDITOR'S BLOG: Bowls on Wednesday at the WI can be more dramatic than a Grand Prix these days.
POWER MUMS: The journalist and author is 'angrier but less vitriolic' now she has children.
Belinda Williams has taken Yorkshire Provender from a cottage industry to employing 40 people.
The nominations for this year's Power Part Time 50 are open. Here are a few of 2014's impressive stars to wet your whistle.
If you're more of an ideas person then it could be worth getting a details obsessive on board.
From Netflix to Lego, start-ups to the FTSE 100, creativity can be found everywhere at the top of business.
The MT Interview
By Matthew Lynn Wednesday, 20 May 2015
THE MT INTERVIEW: Poundland's CEO has reached a crucial point in his career, with a takeover of 99p stores underway and expansion abroad. Even the famous £1 price promise isn't sacred...
A study claims Britain's economy could be boosted by £100bn if more older people were in work.
From movement-tracking beacons to new payment methods, the shop of the future could look totally different.
Latest from MT
Women in business


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Average retail gasoline prices in Honolulu have fallen 0.6 cents per gallon in the past week, averaging $4.23/g yesterday, according to GasBuddy’s daily survey of 214 gas outlets in Honolulu. This compares with the national average that has fallen 5.0 cents per gallon in the last week to $3.58/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Honolulu during the past week, prices yesterday were 12.1 cents per gallon higher than the same day one year ago and are 2.2 cents per gallon higher than a month ago. The national average has decreased 1.2 cents per gallon during the last month and stands 9.1 cents per gallon lower than this day one year ago.
“While gas prices in Anderson, SC have hit $2.99/gal in the last week, nationally, pump prices have also seen drops amounting to an average drop of a nickle per gallon,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “Prices finally have dropped under their year ago values, just in time for those last minute vacations before school starts. The rest of the summer will likely see prices flirting with where they stand today, but more significant relief will arrive around mid-September, when prices nationally could be 10-25 cents per gallon lower than where they are today,” DeHaan said.
GasBuddy operates HonoluluGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 25 million times to help motorists find the lowest gasoline prices in their area.


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DURHAM — Spreedly is growing its C-suite.
Today, the Durham fintech startup, which provides cloud-based software infrastructure for payments, confirmed that it has added three new executives to its top brass.
Among them, Randy Guard is stepping up as its new chief marketing officer. He is the former executive vice president and chief marketing officer for SAS, and also served as the chairman of the advisory board for IDeaS, a SAS Company.
Dana Calder, who began her tenure with Spreedly as an account manager, will now serve as director of human resources.
Jillian Munro, meanwhile, is its chief technology officer (CTO). She was previously the head of technology for Fidelity Digital Assets where she led cybersecurity initiatives.
“As demand for the Spreedly platform continues to accelerate, it’s vital that we expand our leadership team to further strengthen our business,” said Justin Benson, Spreedly’s CEO, in a statement.
“I’m very pleased to add new executives with a history of proven results at scaling enterprise companies and a diverse range of experiences. We are exceptionally well-positioned to grow our leadership in the payments orchestration market.”
Last November, Spreedly, co-founded by Benson Nathaniel Talbott and Duff O’Melia back in 2011, raised $75 million in funding from Spectrum Equity.
Benson told WRAL TechWire at the time that he planned to double its workforce to north of 110 people by the end of thus year.
The firm was also looking to develop its product and expand into other markets like Europe and Latin America, specifically Mexico, Colombia and Brazil.
Today, “hundreds of customers worldwide” secure card data in our PCI-compliant vault, Spreedly said in its release.