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By Aditya Kalra and Sudarshan Varadhan
NEW DELHI/CHENNAI (Reuters) – Singapore’s PSA International and Indian container freight operators have warned the Indian government that its order to waive container storage charges during the coronavirus lockdown could lead to port congestion, letters seen by Reuters showed.
India’s Ministry of Shipping asked ports to allow free storage of containers as part of relief measures to ease pressure on companies hit by logistics restrictions because of India’s nationwide lockdown.
PSA’s local unit in a letter to the government on April 24 said importers might not remove their containers from ports due to free storage, adding India’s “high-risk strategy” could clog terminals and hit the supply chain, instead of helping it.
“The risk then is of the terminal running out of space, first for exports … and then for the entire terminal, at which point operations are effectively paralysed,” PSA wrote in the letter seen by Reuters and not previously reported.
“We do not believe it is correct to attempt to exercise commercial control over the pricing in this market,” it said.
India’s shipping ministry did not respond to a request for comment. PSA, which said in its letter it would comply with the government’s order, did not respond to Reuters queries.
PSA operates four large terminals across India, the biggest being near Mumbai inside state-owned Jawaharlal Nehru Port Trust (JNPT), which handles more than half of the container cargo across all of India’s major ports.
Units of Denmark’s A.P. Moller-Maersk <MAERSKb.CO>, the world’s biggest container shipping group, and Dubai’s DP World <DPW.DI> also have terminals at the JNPT. Both those companies did not respond to a request for comment.
In an April 16 order to ports, the shipping ministry highlighted “unusual and massive shock from the disruptions” due to lockdowns across the world, calling for free container storage and saying no penalties should be levied for delay in berthing or evacuating cargo.
India’s Container Freight Stations Association said in a letter to the state-run JNPT on April 23 that such rules were turning out to be “counterproductive”, saying its container storage facilities were “almost full to (the) brim”.
The association’s secretary general, Umesh Grover, wrote in the letter seen by Reuters that importers did not want to risk bringing their cargoes out the pandemic and they “believe that their cargoes are lying safe with custodians free of cost”.
Grover said that, by encouraging unlimited waivers, the freight stations and ports would choke up faster.
The association did not immediately respond to a request for comment. JNPT declined to comment.
(Reporting by Aditya Kalra and Sudarshan Varadhan; Editing by Edmund Blair)


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Ever notice just how many jokes there are regarding moms drinking wine? It’s as if the minute we have children, we’re issued a lifetime subscription to the Wine of the Month club. And everyone seems to normalize it. We are stressed out by the pressures of motherhood (understandably), and so, we drink wine. Of course, not every mom drinks wine. Some drink craft beer, vodka, or scotch. Some don’t drink at all. And others use cannabis. That’s right. Lots of moms use cannabis, and there’s nothing wrong with that. At least, that’s certainly the position of Kathryn VanEaton, a.k.a. the Stoner Mom.
In a recent profile by ABC 10 Sacramento, VanEaton made it clear that she’s not only a pot-smoking mama, but that she feels it’s important to reduce the stigma around pot and parenting. The stay-at-home mom has been blogging for years, and more recently, has become a vocal advocate for other stoner moms. VanEaton, who says she uses cannabis both medicinally and recreationally, started her blog, The Stoner Mom, in 2014. She hopes it will help other moms come out of the canna-closet, so to speak.
”Cannabis users have to be adults, obviously, but adults are very often parents. If there’s even the inkling that you might be misunderstood as a mother, persecuted as a mother, have your children taken away, God forbid, or even just have your community judge you as a bad mother, those are all deal breakers for moms,” VanEaton told ABC 10.
“There’s really no option. A responsible mom in a legal state can’t come out. It looks bad on her as a mom.”
VanEaton has an advantage, of course. She lives in Colorado, the first state in the country to legalize recreational cannabis. But with so many other states legalizing the beneficial plant, it’s high time to start reducing the hate toward canna-friendly parents.
The Stoner Mom currently runs a podcast as well as a popular YouTube channel, which currently boasts over 23k subscribers. Among her most popular videos are one on How To Smoke Weed From A Pipe, How To Use Bong, and The Easiest Way To Roll A Joint.
From one Colorado-based mama to another, I can definitely get behind VanEaton’s efforts on reducing stigma.

domain: news


text: Posted February 08, 2019CD soundtrack will be released on March 8. Then, PBS in the US will broadcast the event in early March. Check your local listings for times. Finally, the DVD will be available on March 29th. Rumor has it that the DVD will have many extras, including backstage interviews with the performers.


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Channel 5 has made a profit two years in a row for the first time in its history, after handing over its advertising sales to Sky and attracting more young viewers.
In what was a record year for the television advertising market, Channel 5's turnover for the year to the end of September was up nearly a fifth, to £383.6m. Pre-tax profit rose by nearly half, to £58.9m.
The broadcaster, which is owned by the struggling US media giant Viacom, said the strong performance was a result of improved ratings across its channels, including a 9pc improvement in its share of viewing by 16 to 34-year-olds.
Channel 5's finances were also improved by the decision to outsource advertising sales to Sky. It laid...
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Amazon S3 has been declared the best cloud storage platform by an independent study, which puts Microsoft Windows Azure on the second spot.
Enterprise storage company Nasuni conducted a 26-month long stress test on 16 major cloud computing service providers, out of which only 6 were able to meet the minimum level of performance set by the company.
According to Nasuni, the 6 service providers to pass the tests were Amazon S3, AT&T Synaptic Storage as a Service, Microsoft Windows Azure, Nirvanix, Peer1 Hosting and Rackspace Cloud.
Amazon S3 and Microsoft Windows Azure received top marks in the tests with Amazon's offering leading the way.
The cloud computing services went under 26 months of stress tests on the basis of API Integration, Scalability, Stability and Performance, Nasuni said.
Nasuni informed that Amazon S3 had the least number of outages and the best uptime among cloud service providers. Amazon S3 also had a 0.0 error rate in reading and writing objects, it was informed.
"Without proper testing, it is impossible to differentiate between an industrial-strength CSP and a lesser operation. In fact, some providers have asked Nasuni to cease testing at this stage because they said it was negatively impacting their customers, which is a truly frightening statement," the company said in a statement, as reported by ARS Technica.


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NCC harps on need to protect telecom consumers’ rights
The Nigerian Communications Commission (NCC) has vowed to keep to its mandate of ensuring that telecom consumers are adequately informed, educated and protected from exploitation because of their significant role in the telecom space.
This was made known on Thursday at the Federal College of Education, Zaria, Kaduna State, during the 38th edition of Consumer Town Hall Meeting, (CTM) themed, “Information and Education as Catalyst for Consumer Protection”.
In his welcome address, the Executive Vice Chairman of NCC, Prof Umar Danbata, represented by the Deputy Director Consumer Affairs Bereau, Alhaji Ismail Adedigba, said the forum seeks to enable tripartite meeting between telecom regulators, operators, and consumers to resolve pressing issues as it relates to the provision of telecom services to educate telecom consumers.
He noted that one of the cardinal objectives of the commission is ensuring the protection of telecom consumers from market exploitation and empowering them to make rational and informed decision when making choices of services.
He said that the most important stakeholder of the telecommunication industry is the consumer and should be accorded the right to be heard, and educated adding that the commission has stepped up programmes to aid consumer empowerment.
“The commission stepped up programmes aimed at empowering and protecting telecom Consumers with focus on the key drivers such as awareness on 622 toll free line to lodge complains to NCC and the 2442 short code to stop unsolicited messages with great emphasis on Quality of Service improvement”, he said.
On her part, the Director Consumer Affairs Bureau, Mrs. Felicia Onwuegbuchulam said the forum seeks to ensure that con¬sumers have value for their mon¬ey as well as serve as feedback mechanism for the commission in making regulatory interventions for the benefit of all parties.
She called on service providers to provide consumers with relevant, current, accurate and timely information and should be given the choice of receiving information in any language they can understand.
While presenting “Wheel of Hope Consumer Advocacy” on behalf of consumers Jide Abdulazeez said consumers determine the market and their protection is tantamount to market expansion sustainability and protection to aid revenue generation thus their right to clear and complete terms and conditions for service agreement.
“There is need to disclose all facts that relate to the services rendered, these must include the terms and conditions for the consumers to enjoy the services provided. The actual price list and fees for enjoying a particular service must be disclosed and other operational services available for the consumer spelt out”, he said.


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Graco Recalls Car Seats For Harness Webbing IssueGraco is recalling more than 25,000 car seats because the harness webbing can break in a crash and may not keep children restrained. The recall is expected to start on July 17.
Fort Worth Police Officer Gets Special Gift From QuiltersMichele Milligan and Kirsten Rios with Pieced Together Studio in Mesquite made the drive to Cowtown to present Officer Matt Pearce with their work of art.
Nokia And Apple Settle Long-Running Legal DisputesNokia and Apple have settled their numerous legal disputes after signing an agreement to work together.
Zuckerberg Says He's Not Running For Public OfficeFacebook CEO Mark Zuckerberg said that his quest this year to visit every state is about building relationships, not politics. Zuckerberg insisted that he is not running for office.
US: Nearly 740,000 Foreigners Overstayed Visas Last Year The U.S. Homeland Security Department says nearly 740,000 foreigners who were supposed to leave the country during a recent 12-month period overstayed their visas.
Texas Unemployment Rate Holds Steady In AprilThe Texas Workforce Commission reported Friday that last month's jobless figure mirrored the March unemployment rate at 5 percent. Nationwide unemployment for April was 4.4 percent.
Trio Busted After Robbing Verizon Store Of $25,000 In ElectronicsPolice said Charles Lampkins, 20, Terance Johnson, 21, and Jahad Givens, 21, all from Cedar Hill, stole $25,000 worth of iPhones and iPads, and ordered the employees to get on the ground.
Owner Of 'Hot Route Delivery' In CustodyCBS 11 News has confirmed Chris Cassels, the owner of Hot Route Delivery Specialists, has been taken into custody.
Forbes Says Beyonce & Jay Z Worth $1.16 BillionForbes has put the combined wealth of supercouple Beyonce and Jay Z at $1.16 billion. The magazine estimated Jay Z's fortune at $810 million. It said that Beyonce has amassed $350 million.
Amazon Refreshes Lineup Of Low-Cost TabletsAmazon is offering a thinner and lighter version of its cheapest, seven-inch tablet, while shaving $10 off of the price of an eight-inch model. The company is also selling a kids version of the eight-inch tablet.
Google Poised To Roll Out New Services & GadgetsGoogle is about to provide the latest peek at its services and gadgets as it seeks to become a more influential force in people's lives. The overview will come Wednesday during Google's annual conference.


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Nearly $3 Million in Sales and Decades of Classics Power Carlisle Auctions in Lakeland
All-Time High Bidders and Unique Consignments Pack the Winter AutoFest Auction Arena
Tuesday, February 28, 2017
Carlisle Auctions has been moving cars across central Florida auction blocks for half a decade and following its most recent offering as part of Winter AutoFest in Lakeland, results show that the Carlisle Auctions brand and its widely popular events are here to stay! For two days, February 24-25 at the SUN n’ FUN Campus, a small army of Carlisle Auctions’ staffers played host to over 400 classics and thousands of enthusiasts. The auction, as has been the case with EVERY Carlisle Auction, not just those in Florida, was a smashing success.
The auction commenced just after 10 a.m. on Friday the 24th with the first of what appeared to be nearly 100 years of automotive history crossing the block. In addition to classic cars and trucks, merchandise and memorabilia were made available too. As the transactions keep the auction team and bidders busy, the day 1 high seller brought in $42,800. This top ride was a 1935 Auburn Boat Tail Speedster replica and was ultimately the 5th highest selling car of the entire weekend.
As Friday transitioned into Saturday, the auction’s heavy hitting consignments made their way into the arena. Top selling cars included a 1936 Auburn 850Y Supercharged Convertible ($107,800), 2015 Dodge Challenger Hellcat ($56,800), 1965 Chevrolet Corvette Coupe ($51,200) and a 1962 Chevrolet Corvette Convertible ($51,300). Of those four, plus the previously referenced Speedster, the top five cars totaled $309,900. All sales totals include applicable fees.
One of the best parts about the auction overall wasn’t the fact that over 400 cars crossed the block or even the nearly $3 million in sales, it was the increased bidder totals. While anyone who registers to consign with Carlisle Auctions is also granted a bidder pass, hundreds more paid $100 each to be part of the fun and take their chance at owning their first or next classic car. This enthusiasm assured that the 2017 Winter AutoFest auction was the best-ever from a participation stand point and ranks within the top 5 all-time for Carlisle Auctions within the Sunshine State.
With the Winter AutoFest auction in the bag, Carlisle Auctions turns its attention to its first Pennsylvania based auction of 2017. The Carlisle Auctions team is back in action for three jam packed days at the Carlisle Expo Center as part of Spring Carlisle. The newly expanded three-day offering runs April 20-22 and the ability to register as a bidder or consign a car to the auction is available now. Complete details on how to get involved, plus full auction results from Winter AutoFest can be found at www.CarlisleAuctions.com or by calling 717-960-6400.
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Journalist note: Information about Carlisle Events, its event listings, auction
offerings and the Carlisle Expo Center is available to journalists by phone:
Public Relations Manager
717-243-7855 ext. 133
# # #


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The Ministro de Seguridad Publica, Mario Zamora, confirmed the purchase of 50 Toyota Land Cruiser vehicles, but denied they were bought to be used solely by police chiefs, as denounced by PAC legislator, Carmen Muñoz.
On Thursday, Muñoz said that Seguridad Publica (Public Security Ministry) had spent ¢2 billion colones (US$3.7 million dollars at today’s exchange rate) for the purchase of 50 luxury vehicles (US$74.000 per unit). According to the legislator, the vehicles are part of a purchase of 117 units.
Zamora said the legislator must be misinformed. In reality there were 550 vehicles purchased for a total spending of ¢16 billion colones.
The minister admitted that the 50 Land Cruisers were above average from the other vehicles purchased (Rav4 and Prado models), but insisted they are not “luxury” and will be used in police patrols in remote areas of the country.


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By Michael Brush, MarketWatch
While you’re shopping for deals on holiday gifts, remember this is a great time to find stock market bargains.
Investors have big gains this year, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.82% up nearly 30% including dividends. Some are now looking to sell losers to ring up losses to offset the gains.
A winning strategy is to buy the losers as they get hit by this “tax-loss selling.” Then hold them either for a pop in January when the pressure eases or, better yet, as medium-term positions.
Of course, the trick is to buy shares of companies with good prospects. A lot of stocks are down because they deserve to be, and they aren’t coming back.
For help in selecting stocks, I turned to the market’s best experts in beaten-down names: value investors. Not only do they know how to spot value, but they tend to actually do the work necessary to get to know a company. That’s getting to be a rarity in these days of index and exchange-traded-fund investing.
Here are their suggestions.
Chris Marangi started off at Gabelli Asset Management as a media-sector analyst 17 years ago. He’s now co-chief investment officer at the value shop, known these days as GAMCO Investors.
But let’s play to his strength and start with a media company. CBS stock is down 13% from where it started the year and 25% off its highs last summer. Those who are underwater are now tempted to sell to book losses. Marangi is on the other side of this trade, because he doesn’t think investors give the company enough credit for the benefits that will flow from the recent CBS-Viacom merger, such as significant cost savings and other synergies.
Next, he thinks investors are overly concerned about CBS getting dropped by cable distributors. He believes this is unlikely given its huge audience reach and NFL broadcasting rights. Marangi also thinks investors are overlooking CBS’s digital assets. Unlike Netflix /zigman2/quotes/202353025/composite NFLX +0.70% , CBS is going with an ad-supported model at its CBS All Access and Pluto TV, which brings down fees. Marangi thinks CBS looks cheap. GAMCO is the second-largest owner of CBS voting stock.
L Brands (TICKER:LB)
In an era of heightened sensitivity about body shaming and gender identity, the company known for flaunting picture-perfect teen bodies in its Victoria’s Secret ads now seems woefully out of touch. This no doubt helps explain why sales and profit margins have been weak.
“A lot of people are turned off by the whole sexy approach to their marketing,” says Bob Bacarella, founder and chairman of Monetta Financial Services. “They have not adapted to changing consumer trends.”
The stock is off 10% from last summer. It’s also below early-2018 levels.
But Victoria’s Secret is now under new management, which is rethinking its image. The division, for example, recently teamed up with a lingerie brand called Bluebella, which pitches itself as a champion of inclusiveness and diversity. Meanwhile, L Brands’ other main division, Bath & Body Works, is going gangbusters, with recent annual sales growth of nearly 10%.
“The pieces are worth more than the whole,” says Bacarella.


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The ad sales arm, called One Discovery World, will focus on sponsorship and content opportunities for advertisers on its TV channels and digital sites and products.
Discovery has poached Viviane Paxinos from A+E Networks to head ad sales in London; Tricia Thompson from Sky to be director of Olympics and strategic partnerships, ad sales EMEA; and Paul Harper from Turner Broadcasting to be executive creative director to develop content solutions. All three will be based in the UK.
Discovery said it was particularly keen to use One Discovery World to exploit Eurosport’s live events and the Olympic Games rights for 2018 to 2024.
Jonathan Davies, the senior vice-president and managing director, advertiser partnerships, who leads the new Discovery Networks International and Eurosport ad sales team, says: "Advertisers and brands have evolved well beyond the ad break to embed effectively at the centre of popular culture.
"We have cultivated a strong ad sales leadership team to meet this changing dynamic and, coupled with Discovery’s incredible portfolio including Eurosport and the Olympic Games, we are uniquely positioned to provide bespoke creative and strategic content solutions to the world’s top sponsors and advertisers and at the highest levels of service."
He added: "Sport provides us with an opportunity to work with sponsors to pair our must-have content and passionate audiences with compelling advertising solutions to drive brand awareness for clients that is both locally relevant and globally impactful."
Sky Media will continue to handle TV spot advertising for channels such as Discovery and Animal Planet in the UK. The pay TV giant's sales house launched its own international sales arm, based in Munich, late last year as it looks to win global advertisers, particularly in Asia.
Paxinos previously led sales for A&E Networks in the UK and EMEA regions since 2014.
Thompson led Sky’s award-winning partnership with British Cycling and Team Sky.
Harper joins from CNN's owner, Turner Broadcasting, where he led the company’s award-winning commercial productions and branded content division in London.


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People were working for minimum wage in the state will get a bump in the new year.
A firm is recalling it’s Happy Apple brand caramel apples over fears they could be contaminated with listeria.
Christmas Day is closing in and lots of businesses and agencies will be closing early Wednesday and not open at all on Thursday.
Drivers of 2015 Crosstours should take note as Honda has called thousands of vehicles due to a faulty side air bag made by Takata.
Keurig is recalling about 7 million single-serve coffee brewing machines.
As the holiday season gets into high gear, more Americans are expected to take to the roads than ever before. Close to 100 million will hit the highways and byways. If you’re one of them, there’s new information about which cars may be the safest choices for you and your family.
A ruling by the 11th U.S. Circuit Court of Appeals, which has jurisdiction over the major Florida-based cruise lines, has opened the door to medical malpractice suits against cruise line medical staff.
Long lines wrapped around a Miami shoe store Saturday morning.
While appliance shopping, some may rely on the bright yellow labels that indicate how much the machine will cost in energy each year.
Chrysler has given into government demands to expand a recall of driver’s side air bag inflators.
Safety, style and reliability make this list of cars top picks by AAA Car Buying experts.
Here’s a look at the top 10 holiday toys. Toys on this list were featured by popular stores like Toys “R” Us, Amazon.com and Target.
The largest passenger airliner in the world is coming to Miami. Lufthansa has announced that it will be the first airline to offer scheduled Airbus A380 service to Miami with daily flights between Frankfurt and Miami beginning June 10, 2011.
Everyone bundled up, ready to go for an airplane ride to Grandma’s house? You might want to double check your family before you get in line at the airport. With 42.2 million Americans projected to take to the skies for Thanksgiving, the public outcry over intrusive body scans and invasive pat downs by the TSA could make the security line even more long and frustrating. Want to avoid setting off the security alarms and a TSA pat down? Just look over your traveling clothes one more time.


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The PS5 isn’t available in Malaysia just yet. Or at least it shouldn’t be, unless you’re willing to drop unreasonable amounts of money for one. But it looks like some have got their hands on it early, and tried to make some money out of it in a very unconventional way. And they’ve done this by selling access to their consoles to others, so that they can then claim the PS Plus Collection.
For context, the PS Plus Collection is a selection of the best games that are playable on the PS4. The catch is that you’ll need to have a PS5 in order to claim it, in addition to a PS Plus subscription.
And so, in addition to owning a PS5 way ahead of time, some have decided to make some quick bucks by selling access to their PS5. This will allow others access to the PS Plus Collection early, or even without owning the next generation console. And the price of access isn’t exactly cheap either. One such access seller had set their price at RM33.90.
Sony Interactive Entertainment naturally issued bans to everyone involved. According to GamerBraves, the sellers have earned a permanent ban for their hard work. The buyers, on the other hand, have been banned for about two months.
The end result is a pretty obvious one. And the people involved should have seen it coming from a mile away. On a security standpoint, selling access to a console online is dangerous enough as it is. Then there’s the issue of selling what’s supposed to come as a free bonus to those who bought a PS5.


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An individual who apparently works for a search marketing firm based in the United States, has stolen copy that I originally wrote and posted it not once, but multiple times on various web forums. I wrote to them about this in an attempt to get them to either remove the posts or modify them so that my original copy does not appear, however they have ignored my request.
A summary of search related news items that occurred this week including Google will begin to display AdSense in its Maps product, video search engine, Blinx will power Ask’s video search, U.S. online ad revenues up 26% in the first quarter, WebProNews features video footage and interviews from SMX Advanced, and finally, AdWords adds new feature to management console – the Account Snapshot.
WebmasterWorld who produces the PubCon conferences and SEO Class, a newly formed organization providing intimate training experiences in search marketing, are partnering together to produce PubCon SEO Class, coined as a premium Internet marketing training program. These two-day programs will be limited to less than 50 participants and focus on midrange to advanced SEM/SEO curriculum. The inaugural two-day SEO Class by PubCon is scheduled for New York on July 30th & 31st. The cost to attend is $2,999, however if you pre-register before June 30th, you can save $1,000 off the normal price.
Ask has made some pretty significant changes over the last year and a half. First they got rid of the butler and now they have gone 3D. This new three dimensional version not only includes a major overhaul of the home page as well as the way search results appear, they have also added a laundry list of new features and resources. The company is calling this release as a “major leap forward” for search which includes a bold three-panel interface (taken from the experimental Ask X) that integrates more multimedia content, including images, videos, music files, as well as more structured text-based content.
TechCrunch is reporting that Microsoft has gathered a team of twenty or more “rock star” developers who’ve been tasked at building their next generation search engine. Few other details are provided with the exception that the engine would be “horizontal” and will be very cool. My reaction – yawn.
A summary of search related news items that occurred this week including the FTC opens a preliminary antitrust investigation into the Google/DoubleClick merger, Microsoft’s newest product – the Surface Computer, a computer that responds to natural gestures, touch and physical objects, a new human powers search engine called “Mahalo” is launched, and finally, Mike Grehan is now working for Bruce Clay as their VP of International Business Development.


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(Reuters) — Apple Inc says it is removing virtual private network (VPN) services from its app store in China, drawing criticism from VPN service providers, who accuse the U.S. tech giant of bowing to pressure from Beijing cyber regulators. VPNs allow users to bypass China’s so-called “Great Firewall” aimed at restricting access to overseas sites. […]
NYS Entity Status
- Dissolution by Proclamation / Annulment of Authority (Jun 24, 1992)
NYS Filing Date
DECEMBER 15, 1986
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
1986 - IRISH OVERSEAS NETWORK SERVICES, INC.
Around the Web
- Apple removes VPN services from App Store in China
By Reuters - Sunday Jul 30, 2017
- Publisher Tronc acquires Daily News, storied NY tabloid
By JENNIFER PELTZ, Associated Press - Monday Sep 4, 2017
NEW YORK (AP) — Newspaper publisher Tronc has acquired the Daily News, a storied New York tabloid newspaper that won a Pulitzer Prize this year but has been buffeted by the changing media environment.Chicago-based Tronc Inc., the publisher of the Los Angeles Times and the Chicago Tribune, announced the deal Monday night, and the Daily News posted a story on its website.Tronc CEO Justin Dearborn said acquiring the paper and its popular website would "provide us with another strategic platform for growing our digital business, expanding our reach and broadening our services for advertisers and marketers," and both Tronc and Daily News executives said the company would maintain the quality of the paper's journalism.
- Cisco Systems buying BroadSoft for $1.9 billion cash
Monday Oct 23, 2017
NEW YORK (AP) — Cisco Systems Inc. will pay about $1.9 billion cash to buy BroadSoft Inc. in a move aimed at expanding its communications software offerings.The networking technology giant is paying $55 per share, marking a 2 percent premium to Broadsoft's closing price on Friday.Gaithersburg, Maryland-based BroadSoft provides telecommunications technology for businesses, including phone services, audio and video conferencing and virtual meetings.BroadSoft's focus on small- and medium-sized businesses will help bolster Cisco's offerings, the San Jose, California-based company said.
- Inside New York City’s Priciest Rentals
By CAROLINE BIGGS - Friday Sep 1, 2017
Some New Yorkers could afford to buy multimillion-dollar properties, but they’d rather rent a place for upward of $20,000 a month.
- Food & Wine Magazine Will Leave New York for Alabama
By STEPHANIE STROM - Friday Jun 23, 2017
The move reflects a changing business in which traditional food magazines, and a Manhattan address, are less important.
- Expanding Teladoc Adds Network, Tech With $440M Best Doctors Deal
By David Holley - Tuesday Jun 20, 2017
Dallas—In Teladoc’s acquisition of Boston-based Best Doctors—a $440 million cash-and-stock deal that the companies announced Monday—Teladoc (NYSE: TDOC) is gaining a business that lets it offer more specialization in its telemedicine services. Best Doctors connects individuals who have tough decisions to make about treatments—or who want a second opinion about a diagnosis—with top-rated doctors worldwide. […]


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Crypto change Binance introduced the launch of its new Web3 pockets on the Binance Blockchain Week convention in Istanbul, to be made accessible to all customers by way of the Binance cellular app.
Throughout the launch, Changpeng “CZ” Zhao, CEO of Binance, revealed the intent behind launching the service:
“Web3 wallets signify extra than simply storing digital property — they’re an integral a part of the Web3 framework, empowering people with the power for self-sovereign finance.”
For the aim of simplicity, Binance’s Web3 pockets launches throughout the major Binance app, which is predominantly used for buying and selling cryptocurrencies. The pockets makes use of multiparty computation (MPC), which is used to interrupt a consumer’s personal keys into three smaller elements often called key shares.
“Having the important thing shares cut up throughout three completely different areas mitigates the danger of the keys being compromised and reduces the vulnerability of the system.”
Two of the three key shares might be managed by the consumer always, permitting for self-custody. CZ added:
“Binance’s Web3 Pockets lowers the limitations of entry for customers to attain full self-custody of their property, and it is a vital, handy bridge in direction of DeFi empowerment. Finally, our precedence is to make sure customers can discover Web3 with us inside a user-friendly and guarded setting.”
In keeping with Richard Teng, head of regional markets at Binance, the MPC expertise removes the concern of shedding one’s seed phrase. “We wish our customers to be assured that they’re interacting with Web3 inside a safe and guarded ecosystem. That’s the reason we have now integrated MPC expertise in addition to Binance’s trusted safety infrastructure throughout the Web3 Pockets,” he added.
Binance’s determination to delve into different crypto companies comes at a time when its spot buying and selling enterprise seems to be struggling to retain buyers. A report from blockchain analytics agency 0xScope advised that Binance’s spot trading market share fell to 40% in 2023. In keeping with the researchers:
“Binance’s spot buying and selling quantity has seen a major decline up to now yr, maybe as a result of its itemizing technique. Hottest cash skilled a downturn instantly after being listed on Binance.”
Quite the opposite, Korean crypto change Upbit noticed probably the most important improve, with its spot market share growing from 5% to fifteen.3% throughout the identical interval. CZ, too, noticed his net worth slashed by 38% amid a hunch in change volumes, based on the Bloomberg Billionaires Index.


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Young Europeans are more invested in their personal care routines than ever. Here are three beauty brands they’re excited to try now…
When quarantines first began, beauty brands took a hit as the need for makeup all but disappeared, and many young women seemed to be on the road to never wearing makeup again. But over the course of the pandemic, keeping up personal appearances not only remained important for young consumers in Western Europe, but became a lifeline. YPulse’s recent personal care and beauty shopping survey found that more than three in five young European consumers say the way they feel about their personal appearance affects their mental health, and more than four in five young females who wear makeup say that doing so is a form of self-care. Now, grooming has become a key way Gen Z and Millennials in Western Europe maintain their state of mind, which grew understandably precarious during the long months of isolation and uncertainty.
Accordingly, personal care practices that align more closely with self-care are trending up. Consider the fact that 42% of young Europeans say they’re taking baths to relax and unwind, and 38% say they have a structured, deliberate skincare routine. In fact, skincare has blown up during the pandemic. While it’s been trending for a while now, many young consumers put down the makeup brushes and picked up the serums during lockdown, using skincare as a form of self-care. Seventy-three percent of 13-39-year-olds who report wearing makeup now say they use skincare products, while 60% say their skincare routine has grown more elaborate. Makeup brands have quickly adapted and pivoted their products to focus on the “skin-care benefits” during the “mask-wearing era” to tout products like “no pigment virtual foundation.”
But young shoppers are also looking for more than just beauty and skincare items that make them look good. According to the NYTimes, a company can no longer “just sell skincare, cosmetics, hair care, or perfume” because “standing for something” whether it’s being cruelty-free or “being the best version of yourself” is what matters more. Clean beauty, for instance, has been picking up in recent months, and many clean beauty brands have been using famous TikTok influencers and groups to promote their products—or tapping TikTokers to launch them with.
While there’s always a slew of new brands tapping these trends to reach this growing group of skincare devotees, we went straight to the source to find out which ones young Europeans are actually interested in trying. In our recent survey on beauty and personal care, we asked the open-end question, “What new or up-and-coming beauty brand are you excited to try?” Here are three from their list that you should know about now:
The Inkey List
Launched in London in 2018, skincare brand The Inkey List was founded with one goal in mind: accessibility. With consumers now expecting an “overwhelming transparency” from brands, as co-founder Colette Newberry put it, and skincare having a high learning curve (and price tag), Inkey came into being as a customer-first brand that prides itself on premium-grade ingredients and no-frills formulas at an accessible price. These elements—combined with simple packaging and brand identity—made Inkey List an instant hit. As soon as products hit shelves in Fall 2018, the brand saw one product purchased every 30 seconds. Since then, the brand has continued to add new formulas and products regularly, including a line of hair products that launched in 2020. Last also saw the launch of the brand’s first major campaign in the U.S. and U.K. Tapping real customers instead of models, the “Knowledge is Your Power” ad “takes a retrospective look at the difference ‘asking INKEY’ made to 11 of their community who they had developed a personal relationship with during the course of their skincare journeys,” according to The Drum.
We’ve told you before that K-beauty has boomed into more than just a trend, with a huge portion of young females now turning to sheet masks and snail mucin as a form of selfcare as well as skincare. In fact, our beauty survey found that 18% of WE females are interested in trying Korean beauty products, and 21% say they’re more likely to purchase a personal care product labeled “Made in Korea.” This was proven when new K-beauty brand Axis-Y hit the scene at the start of the pandemic and immediately skyrocketed in popularity, instantly becoming a viral sensation. While it may seem like early 2020 was the worst time to launch a new brand, Axis-Y’s mission and message of skincare as self-care and a source of community came at exactly the right time. On top of that, the brand focuses on natural ingredients, advanced skincare technology, and social good, paired with spot-on branding and social media presence. In the brand’s recent “5.5 Skincare Community Day” campaign, for example, which took place on May 5, inspired by the ideal pH level (5.5) of the skin, Axis-Y asked it’s Instagram followers what organization meant the most to them. Based on the responses, which leaned toward environmental concerns, the brand donated money to the World Wildlife Fund. All of this has propelled the brand to the forefront of skincare and social media, with Axis-Y taking over the TikTok For You Page and it’s hashtag, #axisy, gaining 96M views.
While talk of personal care and beauty usually focuses on females, men have been breaking taboos in this space for a while now, opting to wear makeup, build skincare routines, and take up selfcare practices. In fact, a recent survey from U.K. spa group Champneys found that 22% of young men in the U.K. want to take better care of their wellbeing, and 40% of Gen Z males would love to be gifted a spa day. Our recent personal care and beauty survey also found that 45% of young males in Western Europe use skincare products, 26% have a structured, deliberate skincare routine, and 38% take baths to relax. To meet this growing demand, male-focused personal care brands have been steadily emerging, including Horace, a French male grooming brand making a splash across Western Europe. Horace was founded in 2018 with the idea of “offer[ing] simple, efficient, natural grooming products…that listened to what men wanted and needed, instead of showing us a masculine ideal we couldn’t or didn’t want to live up to,” according to one of the co-founders. The brand’s line is built of personal care essentials made from all-natural ingredients, from shampoo to toothpaste to deodorant, and some more exploratory products, such as moisturizers and serums. More than that, the brand focuses on its community, incorporating feedback from real customers into its products, and keeping up a slate of original content on its website, including “interviews and portraits of inspiring guys like you.”
YPulse Western Europe Business users can access the full personal care and beauty behavioral report and data here.
Don’t have a YPulse Western Europe Business account? Find out more here.


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The Super Bowl attracts 111 million viewers and gives a huge boost to the economy.
In fact, Super Bowl Sunday is the second biggest eating day of the year, next to Thanksgiving.
Employees at Pizza Plus are getting ready for their busiest day of the year.
By the time the Super Bowl Champs are crowned, owner Dan Blake expects his company to have three times the business of a normal Sunday.
"We're probably looking at over four locations, here in the Reno-Sparks area, of about a $50,000 day for pizza and wing sales," Blake said.
Pizza Plus started taking orders for the Super Bowl last week, and slots are filling up quickly.
In fact, every year, they try to figure out better ways of handling the extra business.
"Last year, we actually had more delivery openings," Blake said. "So, we want to utilize that this year and fill up that delivery option as much as we can, so that stores aren't clogged up with people coming down to pick up their orders."
With such a big day, Blake says every employee will be on the clock, Sunday.
Whether you are hosting a big party or having a small get-together, he says there is something for everyone.
"We have wing and pizza deals that go from large with a half-bucket of wings, all the way up to five large pizzas and 100 chicken wings, which is our party pack," Blake said.
Ben's Fine Wine and Spirits is expecting sales to double on Saturday, as people plan for the game.
"I'll probably do at least another $1,500 more than a normal Saturday," store manager Dan Grohs said.
Grohs says he normally gets 20 cases of beer per order.
For this weekend, he's ordering 60 cases of their best sellers.
But beer isn't the only drink of choice.
"Cider is the biggest growing market, right now, as far as beer and stuff like that," Grohs said.
While those drinks are on the rise, keg sales really aren't expected to change much.
"They used to be a better deal but now they're more of a hassle because they're not cheaper than just getting your canned stuff," Grohs said. "Unless you've got a big event."
Grohs says January is typically the slowest month of the year for alcohol sales, so the Super Bowl is a great springboard for business to get the year started.


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Sales and profit will both rise in 2016 besides an “increasingly challenging external environment,’ Amsterdam-based Heineken said in a very statement Wednesday. Carlsberg forecast operating profit will rise by a low single-digit percentage on an organic basis for the reason that Copenhagen-based maker of Tuborg beer reported fourth-quarter earnings that beat analysts’ estimates.
Beer sales in oil-producing countries which include Russia and Nigeria are actually weighed down by a decline of about 40 % from the crude price since February recently. Heineken said folks market delayed not too long ago, especially in the better half, while it offset that rise in other Asian markets. Heineken and Carlsberg are preparing to face an even-bigger competitor from Anheuser-Busch InBev NV’s planned getting SABMiller Plc.
Heineken shares rose up to One percent in Amsterdam. Carlsberg gained as much as 2.3 percent in Copenhagen. Vietnam is Heineken’s third-largest market, after Mexico and Nigeria.?Profit before some items rose 16 percent to 2.05 billion euros ($2.32 billion) in 2015, Heineken said, matching the average estimate published by Bloomberg.
“Russia isn’t looking great,” due to the collapse in oil prices, Jean-Francois van Boxmeer, Heineken’s boss, said within an interview.?”There is slight pressure in Africa as well as Middle East.” The firm said margins should expand?”in line with your guidance.” The firm includes a medium-term target of the 40-basis point improvement in operating margin.
Carlsberg is cutting jobs and shutting breweries after years of declining profit saddled with Russia’s shrinking beer market. Turmoil in Ukraine along with the ruble’s decline have dented consumer confidence near your vicinity, where Carlsberg could be the largest beermaker through its ownership of Baltika Breweries. The firm claimed it will unveil its new strategy for growth to investors on March 16.
Fourth-quarter earnings before interest, taxes and one-time items fell 21 percent to.41 billion kroner ($210 million). A typical of analyst estimates provided by Bloomberg was for 1.22 billion kroner.
The brewer has gotten a good start into the year in Russia and Carlsberg is interested in the craft beer segment, the CEO said on a call with reporters.


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I am not sure what did Apple expect from iPhone 5C, but it is certainly performing worse than expected. A month ago we told you about the production cuts and declining grey market prices for the younger iPhone model in China. And things are not improving with time.
C Technology, who was the first to report iPhone 5C production cuts, says that Apple still continues to reduce orders for its contract manufacturers and suppliers. Protek has seen its 5C component orders cut by 75%, while Foxconn’s Zhengzhou factory with the ability to make 50 000 devices a week, is now churning out only 8 to 9K units every seven days.
iPhone 5C production volumes got so low, there’s rampant speculation in China that Apple will discontinue iPhone 5C outright. C Tech’s sources who have seen Apple’s production plans for 2014 say that is not the case- Apple will continue to make iPhone 5C well into next year, albeit in much lower quantities than initially planned.
Things on the street in China aren’t looking good for iPhone 5C, too. Electronics retailer Dixons says that 78.6% their iPhone sales are 5S vs only 21.4% of 5C. That’s 3.68:1 ratio in favor of iPhone 5S.
A quick check of grey market imports on Taobao also shows that iPhone 5C prices continue to fall. A month ago, 5Cs smuggled from Hong-Kong went for for 3000-3500 Yuan on Chinese online market . Today, offers in 2500 to 3000 Yuan ($410-492) range dominate the place, with some going as low as 2300.
Grey market resellers are now offering iPhone 5C at a significant loss, just to clear the stale inventories, and still can find only very few buyers.
However, in the great scheme of things, it does not matter how bad iPhone 5C is performing in China or anywhere else. Smashing success of iPhone 5S more than compensates any issues with 5C, and will probably increase Apple’s profitability in the short term.
And in the long term, iPhone 5C may still find its place in Apple’s product portfolio next year, when they retire iPhone 4S and cut 5C price by another $100.


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It was just a matter of time. Amazon.com has delivered its first car, and you guessed it, it was delivered in a giant Amazon box.
Amazon teamed with Nissan for the stunt to sell brand new 2014 Nissan Versa Notes for $13,990. You can check out the promotion here. Of course, buying cars on the Internet is nothing new. eBay has been doing it for years and we made it easy to find cars on the Internet here at Jacksonville.com long before Amazon or eBay caught on.
But, we have to admit, this is the first new car-in-a-box delivery we've ever seen.
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While declarations on trade policy can’t be made with much certainty these days, we can be pretty sure about one thing: the next major step in the escalation of US-China trade tensions will happen on 15 June. On this Friday, the US Trade Representative (USTR) will release its final list of Chinese goods that will be subject to a 25% tariff.
The USTR released a provisional list in April, targeting USD 50 billion of Chinese goods, as one outcome of the so-called “Section 301” trade remedy investigation looking into Chinese forced technology-transfer practices. The proposed list was calibrated to both minimize the direct consumer impact as well as maximize the impact on the high tech Chinese industries the government prioritized under the “Made in China 2025” industrial strategy.
While President Donald Trump ordered the USTR to finalize the list by 15 June, it is not clear when exactly the US will impose tariffs. The USTR has a great deal of leeway under the Section 301 statute, which was designed to be used as a negotiation tool by maximizing the trade agency’s discretion to investigate harms, design responses, and determine the timing of remedies.
The action on Friday, whether to simply finalize the list of goods or to actually impose the tariffs, is designed to increase pressure on bilateral US-China trade talks. The two sides have been directly engaging since early May and have conducted several high-level exchanges to negotiate a package of measures that could avert tariffs. Despite the Section 301 investigation’s focus on specific Chinese practices that attempt to force technology transfer and discriminate against foreign technology and intellectual property interests, public reports these issues haven’t been a high priority in talks. Instead, the US has pushed for the rollback of the expansive Made in China 2025 strategy, which the Chinese have fiercely rejected, and focused on simple deficit reduction targets and agricultural goods.
China, for its part, has threatened to walk away from talks if the US imposes tariffs. They are likely to follow through on this threat in the near term if Trump implements tariffs immediately, which will likely result in further rounds of escalation before talks resume. However, the timetable is also intertwined with Chinese support for managing the North Korea issue, making it difficult to predict.
While consumers — unless you buy a lot of printer ink or are on the verge of buying a Chinese-assembled TV — will largely escape direct impact from this first round of USD 50 billion in tariffs, that would not be the case in a second round. The US has already threatened to identify a further USD 100 billion in goods that would be subject to tariff. Such an escalation would hurt much more, and would almost inevitably impact a much larger range of consumer and electronic goods.
While only one out of the top ten US imports from China by value was captured in the first list (flat panel TVs) remaining goods have much more potential to bring pain.
Author: Logan Finucan, Policy Analyst, Access Partnership


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Sir Timothy Berners-Lee, the British computer scientist known as the inventor of the World Wide Web, says Australian plans to make digital giants pay for journalism could set a precedent that renders the Internet as we know it unworkable.
“Specifically, I am concerned that that code risks breaching a fundamental principle of the web by requiring payment for linking between certain content online,” Berners-Lee told a Senate committee scrutinizing a bill that would create the New Media Bargaining Code.
It’s a question dividing proponents and critics of the proposed Australian law: does it effectively make Google and Facebook “pay for clicks” and might it be the beginning of the end of free access?
The battle is being watched closely in the European Union, where officials and lawmakers are drafting sweeping new digital regulations.
Google contends the law does require it to pay for clicks. Google regional managing director Melanie Silva told the same Senate committee that read Berners-Lee’s submission last month she is most concerned that the code “requires payments simply for links and snippets.”
“The concept of paying a very small group of website or content creators for appearing purely in our organic search results sets a dangerous precedent for us that presents unmanageable risk from a product and business-model point of view,” Silva said.
Facebook regional vice president Simon Milner agreed that the potential cost for news under the code was “entirely uncapped and unknowable.”
Uniquely, Australia’s code includes a negotiation safety net. An arbitration panel would prevent digital giants from abusing their dominant negotiating positions by making take-it-or-leave-it payment offers to news businesses for their journalism.
In the case of a standoff, the panel would make a binding decision on whose best-offer wins.
Peter Lewis, director of the Australia Institute’s Center for Responsible Technology think tank, said the monetary value of public interest journalism has yet to be established.
“The reason it’s such as ephemeral process, if you like, is that no one’s ever tried this before,” Lewis told Australian Broadcasting Corp.
“How do you value fact-based news absent advertising? News has always been valued on the back of how much ads that the outlet can sell. Because Google and Facebook have dominated the advertising market and taken that out of the equation, we’re now trying to work out the value of public interest journalism,” Lewis added.
Google has reacted to the threat of compulsory arbitration by stepping up negotiations on licensing content agreements with Australian media companies through its own News Showcase model.
Facebook responded Thursday by blocking users from accessing and sharing Australian news.
Treasurer Josh Frydenberg amended draft legislation after weekend talks with Facebook CEO Mark Zuckerberg and Sundar Pichai, chief executive of Alphabet Inc. and its subsidiary Google, to make it clear the platforms would not be charged per news snippet or link.
“We never intended that . . . if the arbitrator was overseeing a deal between a television station and one of the digital platforms, that they would make that digital platform pay 2 cents, for example, for every click over the forthcoming year,” Frydenberg said. “That was never the intention. It was always the intention was to have a lump sum payment and that’s what we have made explicit in the code.”
Dan Stinton is managing director of Guardian Australia and New Zealand which is negotiating a licensing deal through Google’s News Showcase.
Stinton said Google has benefitted from news through engagement with search users who link to journalism, the consumer data Google collects from publishers and from its revenue share from ads that are published with news articles.
“Google have been prosecuting an argument that they’re being asked to pay for links in Search and that is not the case,” Stinton said.
“They’re not stealing published content, but I do believe they are using their market power to preference their own businesses to the detriment of publishers and that’s not right,” Stinton said.
“It’s not just paying for links and snippets within search, it’s paying for the entire benefit that Google receives,” he added.
Google has reached pay deals with more than 450 publications globally since it launched News Showcase in October.
The EU’s executive Commission has proposed new rules aimed at taming the biggest digital “gatekeepers.” Proposals working their way through negotiations among lawmakers from the 27-member bloc’s parliament could be amended to include elements of Australia’s model.
Britain, which recently left the EU, is planning similar digital reforms that include shaking up the relationship between online platforms and news publishers.
“There’s definitely an influence” from Australia, said Angela Mills Wade, executive director of the European Publishers Council, a lobbying group for media companies. “It is being closely monitored by all who have a stake in the outcome.”
Publishers in European countries already can request payments from tech companies for using their stories under recently revamped copyright rules. France was the first country to adopt those rules into national legislation and Google initially balked at payments. It changed its tune when a court ordered it into negotiations that resulted in a deal with a group of French publishers.
One part of the Australian model that has caught attention in Europe is the requirement for binding arbitration if payment talks don’t lead to an agreement, which Google has resisted because it would give the company less control.
Mills Wade said several leading EU lawmakers want to add an arbitration mechanism to the digital regulations.
“Given that Google and Facebook have been undermining the scope of the publishers’ right it is clear that regulatory measures are needed, especially the final arbitration mechanism,” said Mills Wade. “Otherwise the majority of publishers won’t have the negotiating power to reach agreements.”
Google has been striking other news payment deals, including a multi-year agreement with tycoon Rupert Murdoch’s News Corp.
Mills Wade welcomed that deal, saying it shows Google puts “enormous value” on news content.
“However, regulators in Australia, but also in Europe, should not be misled into thinking that single deals, especially just before comprehensive laws come into effect, are the answer to ensuring the fair remuneration due to all publishers large and small, whose content is used by Google,” she said.


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free io game, fun io game, best io game
The Nexus War continues in ‘Fortnite’ with a new location, powers and enemies
As Fortnite continues its Marvel-themed Nexus War season, a new update has dropped that includes a brand new location, enemies and powers.
Patch v14.10 for Fortnite is available to download today (September 11), and the main inclusion is the replacement of Frenzy Farm with Iron Man’s very own Stark Industries. The location joins the roster of many comic book locations which have been added over the last few weeks and is said to be filled with loot. Iron Man himself even makes an appearances in the form of a boss with powerful loot drops.
As with previous updates, multiple new hero powers have been added. Players can fire a targeted attack with Thor’s Mjolnir Strike, and players can fire energy blasts with Iron Man’s Repulsor or fly into the sky. These can be found as random loot drops around the map.
These powers can be used against the new enemy types that can be found roaming the island. Galactus now has his own enemy Drones entering the fray. As Gatherer Drones, their main aim is to gather and collect loot. Kill them and they’ll turn into a weapon that needs to be picked up quickly before they explode.
Finally, a new limited-time mode known as Marvel Knockout is being added to Fortnite and will be a unique take on ‘Operation: Knockout’. The mode sees opposing teams facing off against each other using a variety of superpowers to be the last one standing.
Check out the trailer for the new Fortnite update below:
The Marvel updates started late last month (August) and introduced many heroes from the universe. Along with the heroes, many new skins and power-ups can now be utilised during the season’s duration.
Nintendo fans will also be receiving a Fortnite-themed Switch console later this year. Equipped with yellow and blue Joy-Cons, both the system and dock will be decorated in a variety of Fortnite artwork, giving it a unique visual style.
In related Epic Games news, the company has recently been at odds with Apple over selling Fortnite’s in-game currency from its own store rather than Apple’s. Since then a legal battle has begun with the two companies which is still on-going.


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Last week, Taylor Swift’s second all-pop record Reputation was revealed to be the bestselling album of 2017 (though not the biggest), and while it moved hundreds of thousands of digital copies, it’s really in the record shops and big-box retailers that she and her electroclash collection shined.
According to Nielsen’s year-end report that looks at how well the biggest songs and albums did in 2017, Reputation ended up as the only title that sold at least one million physical copies. The album, which immediately became her fifth consecutive leader on the Billboard in November, just barely passed that important milestone, as it sold 1,035,000 physical copies in the U.S That’s an impressive showing for two reasons, and both highlight just how powerful Swift remains.
First, it’s incredible to see anybody selling anywhere near one million physical copies of any piece of music in 2017, as the vast majority of consumers have migrated online. Between streaming platforms like Spotify and Apple Music and download stores like Amazon and iTunes, millions of music lovers have stopped buying albums they need to insert into a CD player. Nobody came even close to selling as many physical copies as Swift did in 2017, and only her friend Ed Sheeran also saw his album ÷ (Divide) pass half a million in physical sales. From there, the list of the best showings when it came to physical copies dips down, and many of the biggest releases of the year in that category only managed about one-third as many units as Swift sold.
Second, the former country superstar was able to sell just slightly more than one million copies of her sixth full-length in less than two months, which is a surprisingly short span of time for any release to shift one million units of any kind, let alone just physical copies. The first week of Reputation’s availability was massive for the title, and it moved over 1.2 million equivalent units, and most of those were sales (since it wasn't initially available to stream in full). Throughout the rest of the year (which also happened to contain the important holiday season), shoppers snapped up her latest as they were browsing stores. A special edition that came with a magazine that was prominently displayed on dedicated stands in many Target locations also likely helped her sell as many physical editions of Reputation as she did.
The majority of those physical copies of Reputation that were sold in 2017 were CDs, as the title doesn’t appear on the list of the biggest vinyl releases of 2017. Swift's accomplishment is noteworthy, and in both 2015 and 2016, there was also only one title that managed sales of one million physical units, though it was the same both years—Adele’s 25.


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HTC is losing confidence, ditches forecasts as losses mount
LG, Samsung and Sony have all recently opened up their books for Q3 2015, revealing that the big names in the Android mobile market are all struggling to shift high-end smartphones this year. HTC’s latest financial statement is perhaps the worst of the lot, as the company has posted yet another notable quarterly loss.
HTC has again seen a large decline in its revenue, falling from NT$33 billion (£1 billion) in Q2 to NT$21.4 billion ($660 million) in Q3. Q3 revenue in 2015 is roughly half the amount that HTCmanaged to generate at the same point last year. As a result, the company’s operating margin has fallen from -15.6 percent to -23.1 percent over the past quarter.
The company’s operating loss has remained more consistent from the previous quarter, improving ever so slightly from NT$5.1 billion ($157 million) to NT$4.9 billion ($151 million). However, HTCwas just about breaking even at this point last year. The graphs below sum up the bleak looking situation rather handily.
If the figures aren’t damning enough, HTChas also stopped publishing guidance on its future performance. In other words, HTCis no longer offering insight into how much profit or loss the company expects to make in the next quarter.
HTC clearly has some idea about how much money it expects to make or lose, so we can only assume that such figures wouldn’t make for pretty reading. HTCis likely to have abandoned publishing these figures out of fear for missing them, which is typically met with a swift blow to stock prices as investors sell up. Company valuation issues have hurt HTCa few times in the past, having seen the company dropped from the TWSE 50 Index and even leaving the brand worthless at one point.
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The company still has plenty of cash reserved to keep it in business, but successive quarterly losses are clearly showing their strain. HTCappears to have adjusted its mobile strategy lately, as shown by its growing selection of spin-off devices and the launch of the more unique HTCOne A9. The next quarter’s financial results will give us some insight into how much impact this device will have had on HTCgoing into 2016, which could be a decisive year.


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By Stacey Stowe | The New York Times | 4/7/06
HARTFORD, April 6 — Things are not going better with Coke these days, at least not in Connecticut. The company is being painted as a villain in the state's battle to bring healthier foods to schoolchildren.
Two Democratic leaders, Donald E. Williams Jr., the Senate president pro tem, and Richard Blumenthal, the state attorney general, held a news conference at the Capitol on Thursday to accuse the company of "unconscionable practices" in pushing sugary beverages in the schools.
A pediatrician was on hand to note the link between soda and childhood obesity and diabetes. Two mock-ups depicted oversize beverages. In one of them, three people, presumably lobbyists, were grinning behind a large bag of cash.
Mr. Williams said Coca-Cola was paying lobbyists "hundreds of thousands of dollars" to dissuade legislators from supporting a bill banning the sale of carbonated beverages, including diet sodas; sugary drinks and junk food, in the state's public schools. He said the Senate is expected to vote soon on the bill, which Mr. Williams and Gov. M. Jodi Rell, a Republican, announced with great fanfare in February.
Mr. Williams said that Coca-Cola, with vending machine contracts in 80 percent of Connecticut public schools, has threatened to rescind scholarships and academic and athletic enrichment programs if the proposal becomes law. He said a review of several contracts showed that Coca-Cola is providing financial incentives to schools to promote sodas over less profitable water and juice drinks, also sold by Coke.
"It's a cynical marketing ploy," Mr. Williams said. "They want to brand into the minds of our children the Coca-Cola name and brand."
But a lawyer for Coca-Cola, R. Bartley Halloran, said on Thursday that the company was not involved in any "nefarious activity," such as threatening districts or pushing soda on young children, noting that it does not sell soda in elementary schools.
One district cited by Mr. Williams was Southington, southwest of Hartford. He said the high school there receives a 45 percent commission on the sale of carbonated drinks, compared with a 36 percent commission on juice and water drinks.
The district's business manager, Sherri Dinello, said the high school also receives $12,000 a year from Coca-Cola as well as "marketing" bonuses, like free supplies of the company's sports drink, Powerade, in coolers bearing the product name that are placed on the sidelines of its athletic fields. She said carbonated beverages are sold at the high school only at the end of the school day.
The nutrition bill passed the legislature's joint Finance Committee this week after it was defeated 29 to 22 last Friday in the joint Appropriations Committee, where Mr. Williams said beverage and snack food lobbyists had pressed legislators to vote against it. He said that the lobbyists were paid $250,000 in the effort to defeat last year's bill.
Mr. Blumenthal said his office was examining whether Coca-Cola had used money from its tax-exempt foundation to advertise or promote products in schools and to finance scholarships and extras that are stipulated in school contracts, a practice that he said would be illegal.
Mr. Halloran, the Coca-Cola lawyer, responded by saying: "I've never heard that before. Today is the first time it was raised."
After the news conference, Mr. Williams's office distributed an article published in The Stamford Advocate in March in which a Coca-Cola lobbyist said the bill's passage would mean that schools would have to reimburse beverage companies for scoreboards and fields the companies paid for based on guarantees of certain levels of beverage sales.
But Mr. Halloran would only say on Thursday that if the legislation becomes law, "Coke might not be able to offer the same level of incentives to schools." Coca-Cola also owns Minute Maid juices and Dasani water, beverages also sold in school vending machines.
Asked if stocking the machines solely with those drinks would cause Coca-Cola to lose money, Mr. Halloran said he did not know.
A forerunner of the nutrition bill was debated for eight hours in the State House last May, with Democrats supporting the ban and Republicans opposing it. But the Democrats' position did not prevent the delivery of about 30 cases of Coke to their caucus room on the eve of that debate.
FAIR USE NOTICE. This document contains copyrighted material whose use has not been specifically authorized by the copyright owner. The Campaign to Stop Killer Coke is making this article available in our efforts to advance the understanding of corporate accountability, human rights, labor rights, social and environmental justice issues. We believe that this constitutes a 'fair use' of the copyrighted material as provided for in section 107 of the U.S. Copyright Law. If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.


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Two major motoring milestones will be reached in 2013 by makers still producing cars in the UK.
By Press Association reporters
One hundred years of car-making at Cowley in Oxford will be marked by Mini and its parent firm BMW, and Aston Martin will also be celebrating a 100th anniversary, having been founded in January 1913.
The focal point of the celebrations at Cowley - now known as the Oxford plant - will be on March 28, which is 100 years to the day when the first Bullnose Morris Oxford rolled off the production line.
Now the home of the Mini, the Oxford plant boasted workforces as big as 26,000 in the 1950s and 1960s.
Famous brands produced at Oxford have included the Austin Healey, the Wolseley, the Riley, the Austin, the Rover and the original Mini. Since 2000, two million of the new-wave Minis have been made at Oxford.
As part of the commemorative exhibition at the plant, the Mini company is keen to hear from any ex-employees and their families who would like to share photos and memories from Cowley/Oxford over the last 100 years.
Aston Martin will be staging a number of events at its plant at Gaydon, Warwickshire - and elsewhere - to mark its centenary.
The January 15 centenary date for the company will be marked by the appearance of the oldest surviving Aston Martin - an A3 - at the company’s original home in Chelsea, south-west London.
The A3 will appear alongside the company’s new Vanquish model and a commemorative plaque will be unveiled.
From July 15-21 there will be a week-long centenary celebration festival at Gaydon. Then on July 21 there will be a major event in London featuring up to 1,000 Aston Martins.
The Aston Martin has long been the car of choice for James Bond, and one features in the new 007 movie Skyfall. A James Bond-themed drive around England and Wales taking in some Bond film locations will be part of the centenary events.
Aston Martin was founded by Lionel Martin and Robert Bamford. They called their company Bamford & Martin which later became Aston Martin, acknowledging Bamford’s success at the Aston Clinton Hillclimb in Buckinghamshire, where he had successfully raced their very first cars.
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All three companies have an amazing consumer offering but are still in the early innings of their growth opportunity.
Short Selling is essentially betting a stock will decrease in value in the future, however it’s a much riskier position than owning shares
As the economy continues to reopen and the days of at-home stock dominance are left behind (for now), we ask if Netflix stock is still a good investment?
With the market looking set for another panicked week, there is a lot of doom and gloom, but these 3 stocks for staying at home could actually benefit.
Disney can’t really afford to spend more on streaming than it originally planned.
How do the new rules on Oscar nominations affect Netflix and can it put this streaming giant on the path to finally winning that elusive ‘Best Picture’ prize?
After a record-breaking quarter, the streaming giant is reining in expectations for future growth.
With people staying at home due to the coronavirus pandemic, there is not much else to do except stream movies and television shows.
Having knocked subscriber growth out of the park last quarter, Netflix’s Q1 earnings left a sobering thought regarding the state of the market: What next?
One streaming newcomer has gained nearly 30 million subscribers in just months, so should Netflix investors be anxious?


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When it comes to the best TVs, one of the biggest challenges is figuring out which display technology is truly the best. One of the contenders? MicroLED, which promises a serious upgrade over existing MiniLED technologies.
And soon you could be able to get a MicroLED TV in a — relatively — reasonable display size. Samsung [translated from Korean] has announced that its 89-inch MicroLED TV (model number MNA89MS1BACXKR) is now expanding to South Korea, its second market. The TV was initially launched in China in April 2022.
But even if the Samsung MicroLED makes its way to the U.S., don’t expect to get it anytime soon unless you have a lot of disposable income laying around. The 89-inch Samsung MicroLED TV costs 130 million South Korean won, which translates to nearly $102,000 in the U.S.
Samsung MicroLED — expensive, but trending in the right direction
MicroLED really does provide serious benefits due to its ability to produce brighter and more power-efficient pictures than other display technologies and MicroLED displays don't degrade over time like OLED displays. There’s a good chance it will be the future display tech for the best TVs, and getting it into smaller and smaller displays is a real step forward toward that future.
That's why the second part of Samsung's announcement is such a big deal. In addition to the 89-inch MicroLED TV expanding to a second market, Samsung said that it will “expand the Micro LED lineup to 76, 101, and 114-inch to expand consumers’ ultra-premium TV choices [translated from Korean].” If Samsung makes a 76-inch MicroLED display, that will be a massive step forward in terms of getting MicroLED into the mainstream, even if it costs $80,000-$90,000 at first.
And it probably will cost that much at first. If you thought the Samsung 89-inch MicroLED TV’s price tag was shocking, I have something even more shocking to tell you — that’s relatively cheap for a MicroLED TV. Samsung’s 110-inch MicroLED TV, formerly named “The Wall” will set you back $149,000 if you have the space for a stunning display. And we recently saw the N1 Outdoor TV from C-Seed launch at $200,000 for a 137-inch display.
This higher cost is because MicroLED is still very much a display technology of the future, and incredibly hard to manufacture. MicroLED displays are made by combining many tiny LEDs into substrates that are then assembled into the final display panel, and if just one LED is out of place, the whole display panel is ruined.
That’s why — at the moment — MicroLED TVs are prohibitively expensive for most. But hopefully, as sizes become smaller, price tags will follow suit.


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IBM launches blockchain service solution for enterprisesInternational Business Machines Corp has launched a service that will allow businesses to build applications on its cloud using blockchain code from the Hyperledger Project, the cross-industry group led by the Linux Foundation.


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The cacao bean, once thought a divine food by the Aztecs that imparted wisdom, is now considered by its farmers the curse of “brown gold.” The curse itself is easy to understand: manufacturers like Hershey’s and Nestlé must sell cheap chocolate to make a profit, and where else to cut costs but at the very bottom of this food chain? There, we find the cacao farmers of the Ivory Coast. These impoverished Ivorian farmers supply 40% of the world’s total supply of cacao beans alone. Despite playing such a dominant role in the global chocolate industry, the Ivory Coast benefits little from its position and does not have the leverage required to raise the prices of cacao exports to support its workers. Over half of the one million Ivorian cacao farmers live below the international poverty line set by the World Bank, earning roughly $1.2 a day.
Upon first glance, the chocolate industry seems to have amplified the Ivorian economy when analyzing growth alone — after all, a country with a GDP growth exceeding 7% for the seventh consecutive year does not seem impoverished. However, with their dependence on cacao as an export and their vulnerability to price fluctuations, the Ivory Coast is extremely volatile. A 1% drop in revenue from cacao causes a corresponding 0.63% drop in government spending. Oversupplies and shortages of cacao are not uncommon, with changing weather conditions and market forecasts lending to the unpredictability of cacao yields and pricing (see Figure 1 for fluctuations of cacao prices per tonne over the past 200 years). Following a global glut of cacao in 2017 after cacao traders expected a surge in demand that never happened, export prices fell by 36% overnight. The government netted a loss of $1.1 billion in exports and had to cut its annual budget by 10%. This price drop led farmers to smuggle cacao into neighboring Ghana where selling cacao earned farmers an additional $500 per tonne compared to their native Ivory Coast. Smuggling not only created an oversupply of cacao in Ghana but also deterred cacao buyers from making purchases from the Ivory Coast, in fear that their products would be moved across the border, further hurting their economy. The Ivory Coast’s dependence on cacao leaves its economy highly susceptible to price drops and, consequently, the disorder and chaos associated with farmers desperately trying to earn enough to survive.
Figure 1: Cacao Price Fluctuations
Aside from concerns over market fluctuations, the Ivory Coast’s economy will face the ramifications of deforestation, epidemics, and climate change in the coming years. Considering the need for farmers to expand their land to match cultivation expectations and earn a living income, the Ivory Coast’s forest cover dropped from 12 million hectares in 1960 to less than 3 million hectares as of 2019. While deforestation correlated with the quadrupling of cacao production since 1980, the drastic decrease in potential farmland means that expansion is no longer sustainable. The cacao orchards that farmers are maintaining are plagued by epidemics, forcing farmers to replace their current stock of cacao trees. Therefore, they are given no choice but to wait for the new trees to mature before they can make a profit. The current deforestation and cacao tree epidemics do not even account for the future ramifications of climate change. Global warming has already begun perverting the environment in Western Africa. As global warming parches land and reduces orchards’ fertility, the West African environment in which cacao thrives will no longer be able to support the staple of the Ivorian export economy. Cacao farmers must either move their orchards further from the eastern edges of the country to the west or risk losing their orchards altogether.
Due to their high poverty rates, susceptibility to market fluctuations, and vulnerability to climate change, the Ivory Coast must stop relying so heavily on the cacao industry. If the Ivory Coast does not distance themselves from cacao, it will at best lose opportunities to further develop and diversify their economy; at worst, it will see its GDP rate drop and watch as farmers lose their only source of income. The Ivorians may have a sweet tooth for farming cacao, but if they keep indulging in the same habits, they will set themselves up for economic failure.


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The sale is expected to close in the fourth quarter of 2018.
"Our business is on a growth trajectory," said Johan Landfors, executive committee member responsible for Polymer Chemistry. "Over the past three years, we have invested more than €180 million to better serve our customers, upgrade technologies, increase capacity, and reposition our global manufacturing footprint. The acquisition of Polinox presents a great opportunity to further strengthen our presence in the South American market."
The company will acquire Polinox's brands and trademarks, which include Brasnox, Perbenzox, and TecnoxSuper, as well as its customer list and production know-how. AkzoNobel Specialty Chemicals will invest to add capacity in its own site at Itupeva, Brazil and transfer manufacturing there after the expansion is completed.
"It is very gratifying to look back over the years and think about everything that we were able to accomplish here at Polinox," Managing Director Roberto Pontifex said. "AkzoNobel Specialty Chemicals is highly respected in South America, and I am excited to know that Polinox will play a part in its growth ambitions."
Added AkzoNobel Specialty Chemicals CEO Werner Fuhrmann: "This is an exciting opportunity to further expand our position in an important growth market. Making smart, strategic acquisitions is another key element of our strategy to invest to grow with our customers."


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The company suffered large losses due to hedging and speculative positions held on currency markets during the quarter.
Third quarter EBITDA was stable at 272.3 million reais versus 273.2 million a year ago.
Sadia’s net sales during the quarter rose 29.7% from a year earlier to 2.79 billion reais.
The poultry segment’s sales revenue was up 31.8% and accounted for 38.3% of revenue during the quarter. Sales revenue for the pork segment was up 32.8%, even though volume was down. Beef revenue was up 7.5%. Sales revenue of processed products was up 34.6%.
Sales revenue in the domestic market was R$ 1.7 billion in the third quarter, up 29% from the same period in 2007. Incomes are growing among Brazilians, and the company reported that revenue derived from processed products grew by 30.3% in the quarter.Income generated by exports in the third quarter was up 27.3%, totaling R$ 1.5 billion. The poultry segment accounted for 73.8% of the total income generated by exports in the third quarter. This income totaled R$ 1.1 billion in the quarter, a growth of 31.9%.


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Clooney's wedding pics revealed, Wal-Mart faults Morgan in accident
The day's top showbiz news and headlines including People magazine gets the first look at Clooney's wedding, Wal-Mart faults Tracy Morgan for not wearing a seatbelt, and Amanda Bynes is arrested for driving under the influence of drugs. Bob Mezan reports.
Gok Wan has designed an exclusive new fashion range for Tu at Sainsbury’s. With a big focus on Hollywood glamour, Gok’s designs will have you looking film star-chic without the A-list price tag.


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Apple’s profit soared 38 percent and revenue rose 33 percent in its fiscal third quarter, as sales of iPhones continued to surge, Brian X. Chen reports.
“We had an amazing quarter, with iPhone revenue up 59 percent over last year, strong sales of Mac, all-time record revenue from services, driven by the App Store, and a great start for Apple Watch,” Timothy D. Cook, Apple’s chief executive, said in a statement, adding that excitement for Apple Music, its new streaming music service, was “incredible.”
Yet the results still fell short of estimates by Wall Street analysts, who are accustomed to Apple blowing past projections and had been predicting sky-high sales of iPhones and the company’s brand-new Apple Watch. The disconnect between market estimates and reality sent Apple’s shares plunging in after-hours trading and highlights the expectations quandary that the company’s success has created. Read more »


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BMW has started testing the i Hydrogen NEXT SUV on the road. The hydrogen fuel cell vehicle is set to enter a pilot production phase in 2022, with the German firm aiming to put it into series production in 2025, depending on market conditions and infrastructure support.
BMW has already tested the car’s various systems (namely, the hydrogen storage tank, battery pack and electric motors) individually, but this is the first time the drivetrain has been assessed in its entirety under real-world conditions.
Over the coming months, BMW’s engineers will drive a fleet of i Hydrogen NEXT prototypes over thousands of miles in real traffic to evaluate the efficiency, reliability and safety of the technology, while considering the convenience of the current hydrogen infrastructure.
Frank Weber, BMW’s board member for development said: “Hydrogen fuel cell technology can be an attractive option for sustainable drivetrains – especially in larger vehicle classes. That is why road testing of near-standard vehicles with a hydrogen fuel cell drivetrain is an important milestone in our research and development efforts.”
New 2022 BMW i Hydrogen NEXT: design and powertrain
The BMW i Hydrogen NEXT shares its body-in-white with the current-generation X5, albeit with a handful of cosmetic alterations that mark it out as one of the company’s eco models. There’s a unique blue-tinted radiator grille, a set of lightweight alloy wheels and a revised rear diffuser with blanked-off exhaust outlets and blue trim.
It’s powered by a pair of electric motors (one at each axle), which have a combined output of 275kW. They’re the company’s fifth-generation eDrive motors, which also feature on the new i4 saloon and the upcoming facelifted iX3 SUV.
However, instead of pulling stored electrical energy from a battery pack like a conventional electric car, the i Hydrogen NEXT generates its own electricity through a chemical reaction between stored hydrogen, and oxygen from the air, via a fuel cell. As such, the only on-road emissions generated by the vehicle is water.
The fuel cell is supplied by two 700-bar storage tanks, which occupy the same space as the gearbox and driveshaft in the combustion-engined X5. Together, the tanks can hold six kilogrammes of hydrogen.
BMW says this guarantees a long range regardless of the prevailing weather, unlike a traditional battery electric vehicle, whose usable range generally decreases in colder conditions. Refuelling also only takes around four minutes, which is a huge saving over the hour-and-a-half average charge-times of current conventional electric vehicles.
Other claimed advantages a hydrogen-electric vehicle has over a traditional EV include suitability for towing and no compromises on passenger comfort, due to the lack of a heavy lithium-ion battery pack and the stiffer suspension required to support it.
BMW drew on Toyota’s expertise when designing the i Hydrogen NEXT by using the Japanese brand’s fuel cells. They’ve already proven their worth in the Mirai, which works in much the same manner as BMW’s new hydrogen vehicle.
The pair have worked collaboratively on the project since 2013, with a small fleet of hydrogen-powered BMW 5 Series GT prototypes entering development in 2015. The two companies also signed a product development agreement in 2016, with the aim of producing scalable modular components and fuel cell drive systems for hydrogen-powered vehicles.


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CMIT Solutions was recently ranked in Entrepreneur magazine’s Fastest-Growing Franchises list, which recognizes the 150 companies with the greatest franchise unit growth in North America based on data submitted for Entrepreneur’s Franchise 500® ranking. CMIT Solutions’ position on the ranking demonstrates the brand’s rising popularity with both franchisees and customers.
“Franchising trends are always changing, and our ranking of the fastest-growing franchises offers crisp insight into what’s hot right now,” says Jason Feifer, Entrepreneur‘s editor in chief. “Through this list, we’re also able to see the strategies that help newer brands ramp up quickly and that enable older ones to maintain their momentum.”
Earlier in 2019, CMIT Solutions was named to Entrepreneur magazine’s Franchise 500® list, considered the world’s first, best, and most comprehensive franchise ranking. The IT franchise was rated #1 in the “miscellaneous tech services” category in the Tech section and #91 overall.
These prestigious awards validate the progress CMIT Solutions has made in the past year. In 2018, the brand added more than 40 new offices, bringing the total to more than 220 communities throughout the United States.
“We are pleased to be ranked among the best of the best in franchising,” said Jeff Connally, president of CMIT Solutions. “We’re excited to continue on this path and build off the momentum of the past year as we prepare to build relationships and enter new markets.”
Learn more about CMIT Solutions’ franchise opportunity.


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Atlassian has spread its footprint Silicon Valley.
The dual headquartered Sydney- and San Francisco-based software company has opened an engineering office in Mountain View in a bid to attract talent from the area's tech giants.
"We've hired people from Google, Apple, ... VMware, all the the companies you can think of here," said Sri Viswanath, Atlassian CTO.
Atlassian produces products for software developers, project manager and content managers. The company opened its Silicon Valley office, located directly across from the Caltrain station in downtown Mountain View, in September. Viswanath said the company had also been considering locations in Palo Alto and Sunnyvale.
There are around 40 employees now in Mountain View, but the company has very aggressive hiring plans.
Viswanath said the office will probably have 100 employees within six months, and added that the company envisions up to 500 employees in a South Bay location within the next three to five years. That kind of expansion means the company will be looking for a larger space than their current location, which has room for up to 130 workers and for which it only has a one-year lease.
To put that in perspective, the company has 300 employees in its San Francisco headquarters.
Atlassian isn't the only San Francisco tech company to open an additional office in the South Bay.
In November the Silicon Valley Business Journal reported that Okta, which secures cloud-based connections, was leasing almost 20,000 square feet in San Jose.
"By putting a headquarters down there in San Jose, we figure we can attract about a third of the Bay Area talent pool we couldn't attract before," said Okta CEO Todd McKinnon.
Atlassian, which was founded in Sydney in 2002, was the last big tech IPO of 2015, raising $462 million.


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Riverside County's Fast Track Program shows that we are open for business.
Riverside, CA (PRWEB) August 10, 2011
Riverside County Office of Foreign Trade, part of the Riverside County Economic Development Agency, hosted the "Export Manufacturer's Day". This show was for current trade partners and local business owners looking to develop and/or expand existing markets overseas. Riverside County ranks 23rd in the country in foreign trade and is working with 35 separate counties that are actively engaged in foreign direct investments to the county. In addition, some of the nearly 4,000 manufacturers within the county are exporting to over 180 different countries creating an 11.5 billion dollar export industry. What does all this mean? More jobs!
Dozens of manufacturers and small business owners throughout the County of Riverside attended this half-day event that was held inside and in front of the county building. On display were RVs from MVP RV (who just signed a five billion dollar contract with China), custom high performance boats from Eliminator Boats and unique custom spas from Regal Spas (who are exporting spas in over a half dozen countries). Other assorted displays included medical products from Wakunaga Pharmaceuticals, automobile products from K&N Filters, California wines for Temecula wineries and protection gear from Paulson Manufacturing Inc., (who are exporting to over 140 different overseas markets).
Established in March 2009 by the Board of Supervisors, the Office of Foreign Trade (OFT) has already made a significant contribution to the local business community. Its goal is to assist local firms in exporting products, goods and services to nations around the globe. The OFT has already established a formal partnership with the Export-Import Bank of the United States which offers businesses assistance in securing financing for exports through the Ex-Im Bank and the EB-5 Visa Program.
Southern California CEO Magazine was in attendance and interviewed key export partners. They spoke about the current economy and issues they have to overcome in expanding their business overseas. With export and import assistance from the OFT, many of these successful business owners, corporate officers, investors, and entrepreneurs have created new jobs and investments within the County of Riverside.
To assist these exporters, federal officials gave the green light to annex much of Southwest Riverside County into San Diego's foreign trade zone. This set the stage for local manufacturers to save significant amounts of money on tariffs and taxes. Riverside County officials hail the development as a boon for the local economy. "This is a real huge victory for us," said Tom Freeman, Foreign Trade Commissioner in the County Department of Economic Development..
Foreign Trade Commissioner


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French shipping company Brittany Ferries has unveiled plans to introduce two new cruise ferries to serve its routes between the UK and Spain.
Fincantieri has won a contract worth more than €320m from Silversea Cruises for the construction of an ultra-luxury cruise ship.
Germany-based TUI Cruises has received a cruise ship, Mein Schiff 1, from Finland’s Meyer Turku shipyard.
Norway-based cruise operator Hurtigruten has signed a letter of intent with Rolls-Royce for upgrading the main engines of up to nine ships from diesel to gas power propulsion.
American Cruise Lines has successfully completed the sea trials of its first new ship of the year in Chesapeake Bay in the US.
Royal Caribbean Cruises (RCL) and Ctrip have announced plans to terminate the China-based SkySea Cruise Line joint venture (JV) within this year.
Norwegian Cruise Line (NCL) has revealed the design of its new dedicated terminal at PortMiami, Florida, US, which will feature an additional capacity to berth 5,000-passenger cruise ship.
The Australian Competition and Consumer Commission (ACCC) is proposing to conditionally approve a series of agreements that have been signed between the Port of Brisbane and Carnival Cruise Line, which...
Carnival has signed a shipbuilding contract with Germany's Meyer Werft for a third next-generation, liquefied natural gas (LNG) fuelled ship, which will be operated under the cruise operator's AIDA Cruises...
Hurtigruten has launched its new hybrid-powered expedition ship, MS Roald Amundsen, at the Kleven Yard in Ulsteinvik, Norway.