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(Yicai Global) April 8 -- Gome Retail Holdings plunged today, following a big gain yesterday, after its recently returned founder told investors about his plans for the major Chinese electronics retail chain.
Gome’s shares [HKG:0493] closed 11.4 percent lower in Hong Kong at HKD1.48 (19 US cents) each. They had surged 10.6 percent yesterday after it was announced that Huang Guangyu would speak to investors on a conference call later the same day for the first time since being released from jail on Feb. 17.
Huang, back at the helm of the Beijing-based firm after a 10-year prison stint for graft and insider trading, pledged on last night’s call to rebuild the business by expanding its bricks-and-mortar network and by putting greater emphasis on its own particular brand of e-commerce.
Gome is planning a big expansion in its physical store presence to 6,000 outlets within the next 18 months and will leverage that network to direct hundreds of millions of hits to its online platform and in that way enter the community-based bulk buying sector, Huang said. Gross merchandise volume at Zhenkuaile, its e-commerce app released on Jan. 12, quadrupled in the first quarter, he added.
There is still a lot of room for growth given people’s increased spending power and the country’s economic growth, Huang said. In future, Gome’s brand of e-commerce will center around live-streaming, short videos and advertising displays, he said.
Huang, who set up Gome in 1987 and built it into one of China’s biggest electronics sellers, returns to a very different retail landscape. His company’s market share has shrunk to 4.9 percent, while e-commerce titans such as Pinduoduo, JD.Com, Suning.Com and Tmall have taken over with 60 percent, according to the China Home Appliance Market 2020 report.
Gome had racked up CNY69.2 billion (USD10.6 billion) of debt as of the end of last year, with a debt-to-asset ratio of nearly 100 percent. Last year’s loss nearly tripled to a record CNY7 billion (USD1 billion), while revenue plunged 25 percent to CNY44.1 billion.
The supply chain business will try to contribute CNY800 million (USD122 million) in profit this year, Huang said, while Zhenkuaile is likely to lose money initially. The retail outlets, which are run on an asset-light strategy, should not drain too much cash except for an upgrade to their interiors.
Editor: Kim Taylor


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In what is reflective of the growing importance of the Indian subsidiary in the global operations of parent Suzuki Motor Corporation, Maruti Suzuki India Ltd is working at making an operational integrated research & development centre in Rohtak, the test tracks at which would be longer and considerably enhanced in technical capabilities than the ones at the SMC facility in Japan.
Further, in what would be an extension of Maruti Suzuki’s role in SMC’s global business, once the testing facility and the R&D Centre at Rohtak fully goes on stream over the next two-three years, the Indian company would design, develop and test vehicles for African, West Asian and some South Asian markets for the SMC.
This would be in addition to the responsibility entrusted to Maruti Suzuki to produce and market vehicles in these specified markets.
The testing facility at Rohtak would have more than 30 different tracks covering a length of about 30 km to check the various operational aspects of a vehicle.
The Rohtak test tracks would be the first of its kind for any automobile manufacturer in India.
“The Rohtak R&D test tracks incorporate many improvements over Suzuki Japan tracks, based on global market feedback.
“Most of the testing facilities are being made available for the first time at MSIL.
These are benchmarked globally and also with Suzuki, Japan,” said a senior executive at Maruti Suzuki.
Some of the facilities include passive safety lab, performance and endurance chassis dyno and electro-magnetic compatibility.
The centre at Rohtak would enable faster problem identification, analysis and incorporation of suitable countermeasures in products.
Maruti Suzuki would be able to introduce new models of high quality faster into these markets.
The executive added, “Currently, we can make full model changes but we do not have the capability to test vehicles in India.
"This often delays the project as vehicles have to be sent to Japan for testing. Global platform/product development would be done in an integrated manner between India and Japan.
"But once the test facility becomes operational, vehicles for India, Africa, West Asia, some parts of South Asia and if required Europe could be developed and tested in India.”
Additionally, once the R&D centre at Rohtak is commissioned, engineers at MSIL would get an opportunity to test and work on various problems in vehicle conceptualisation, design, development and testing and generate knowhow which would increase their capability manifold.
At present, Maruti Suzuki sends batches of engineers for a two-year period to work on model development programmes along with SMC engineers.
But they don’t get an opportunity to be part of the product conceptualisation phase.
Senior executives in the company informed the broad perspective of developing a R&D Center is in line with SMC’s overall global strategy for a multi-location and unified global R&D team.
The complementary nature of the two facilities would help to enhance the overall R&D set up of SMC, on a global level.
Built at an investment of Rs 1,000 crore, the 600 acre R&D centre at Rohtak would be commissioned in two phases by 2016.
In the first phase, test track and crash test facilities would be operational next year.
The other facilities of the second phase are to be gradually put onstream. As of now, over 1,000 engineers are working in the R&D division of MSIL at Gurgaon.
“With Maruti contributing nearly half of Suzuki’s volumes, the Indian subsidiary is assuming a larger role in the parent’s global operations.
"Product lifecycles in India are getting shorter, competition from global manufacturers is intensifying and to attain the volumes planned for the next three-four years, Maruti would have to set up local product development and testing facilities to churn out reliable models quickly, both for the domestic and exports markets,” said Puneet Gupta, associate director at automobile advisory firm IHS India.
India is the Japanese giant’s largest overseas subsidiary with Maruti Suzuki contributing as much as 45 per cent to SMC’s sales in vehicle units and 25 per cent to the Japanese giant’s sales revenues in 2011-12.
Since 2007-08, Maruti Suzuki’s sales in India have been exceeding that of parent SMC’s own sales in its home market in Japan.
ON THE RIGHT TRACK
- Rohtak R&D is part of Suzuki’s strategy to have a multi-location and unified R&D team between India and Japan for enhanced capability
- Once the test tracks and the R&D Centre becomes fully operational, Maruti Suzuki can develop and test vehicles for Africa, West Asia, Parts of South Asia for Suzuki to speed-up product launches
Image: Maruti launches top-end Alto 800 variant ' Photograph, courtesy: Maruti Suzuki

domain: news


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The afternoon brought an eventful series of announcements from Nintendo in one of its Direct video promos, and 2019 is looking to be a banner year for the Switch. Here’s everything the company announced, from Super Mario Maker 2 to the unexpected remake of Game Boy classic Link’s Awakening.
Nintendo has set a strange new precedent with the release of Legend of Zelda SP on the Switch: it’s essentially the original NES game but Link starts loaded up with good gear and cash. In a way it’s no different from a cheat code, but the way it’s executed feels like a missed opportunity.
The Game Awards, an event that’s exactly what it sounds like, took place shortly ago and, like any gaming event, it was shot through with trailers and announcements. What’s the biggest announcement, you ask? It’s probably a tie between the sudden release of a new expansion for Zelda: Breath of the Wild and a teaser for the next project from From, the creators of Dark Souls… Read More


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Online shopping fair, May 25: United together, womenswear brand Amiraah along with crafts retailer Sanatkada have been running an online fashion and lifestyle shopping fair Karigari from May 19 to 26.
The sole motive of the shopping fair was to extend support towards the artisans across India. Amiraah announced the same via Facebook as it said that by promoting these artisans spread across the country, both the brands wish to provide them with a platform that uplifts them even more.
All the proceedings from this online shopping fair will directly go to the actual makers of the products. Several garment manufacturers and craftspeople across India have been lacking financial aid amid upraised difficulties because of the halted work along with most of the fashion industry.
The products that have been featured in the shopping fair include marble work objects by Agra-based group Al Maun. Other than this, a range of accessories and textiles have also been featured. The fair has been taking place on Sanatkada’s dedicated e-commerce platform.
Alongside its prime motive, the fair also aims to raise awareness about the craftsmanship in India, designed to lead long-term support for the artisans. Amiraah further said, “Through Karigari, we wanted to make a real sustainable long-term impact as these artisans are the backbone of the industry and we want to bring them back on their feet.”
Furthermore, Amiraah expressed, “Recognising the impact of cancelled orders and inventory backlogs by fashion houses and small businesses that employ handwork artisans, all profits from the sales of the virtual shopping experience at Amiraah will go to these artisans via Sanat Kada, an initiative based out of Lucknow that has always worked towards bringing crafts straight from the Karigar.”


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PayPal has become an increasingly popular payment at online casinos in recent years. The same can also be said when it comes to the use of cryptocurrencies. It’s good news therefore that PayPal is now strengthening their links with cryptocurrencies.
It was recently announced that PayPal can now be used to receive, transfer and send cryptocurrencies such as Bitcoin, Ethereum, Litecoin and Bitcoin Cash. That’s something that has been desired for a while now.
Online casinos have become more willing to accept PayPal as one of their payment methods. You can make deposits using this method and also make withdrawals. As you will read, there are some big advantages when PayPal is used as your payment method. This explains why there are an increasing number of UK online casinos where you can use PayPal.
Why is this the case? The amount of personal information that you need to use when choosing PayPal is just the email address used for your account. If there is a security breach, then that information isn’t going to be of much use to the fraudster.
PayPal also often requires authentication checks to be carried out before an account can be accessed. If the fraudster doesn’t have the users phone, then that’s again going to restrict access.
Another advantage is the speed of the financial transactions. A deposit goes straight into your online casino account. Withdrawals are swift too, much better than the several days when using a debit or credit card.
Cryptocurrencies have similar characteristics when it comes to financial transactions at online casinos. It is therefore logical for PayPal and cryptocurrencies to be working more closely.
October 2020 saw the beginning of PayPal allowing the use of some types of cryptocurrencies. That showed the growing acceptance of, for example, Bitcoin. There are still of course some concerns over the volatility of these cryptocurrencies when it comes to their value. Recent months haven’t been easy for cryptocurrencies but this news from PayPal is better news for them.
Now fast forward to 7 June 2022 and a major announcement from PayPal. Before that date it was not possible to move the digital assets away from the platform. Since the introduction of cryptocurrencies on PayPal, their users have been keen to see them being able to make cryptocurrency transfers.
This proved to be one of the most popular requests from customers and now PayPal have taken notice of them. US customers will now be able to make the transfers they’ve wanted to be able to do so. You can bet that they will be delighted that the company has listened to them. PayPal were happy too when the news resulted in their share price going up.
US customers will now be able to send cryptocurrencies to their family and friends. The even better news is that the transactions will take place in just a few seconds. The fact that there are not going to be any fees charged is also great news.
Any people who use these payment methods for gambling will be delighted. Cash flow is so important when it comes to gambling. Not just to ensure you have funds in your account but withdrawals return to you as soon as possible. There’s nothing more frustrating than having a big win and then it takes ages for you to be able to have access to it.
PayPal is a company that likes to be the first to do something. That’s one of the reasons they have defied the odds and become one of the most popular businesses in the world.
They have done it again by becoming the first company to hold a conditional Bitlicense and then see it converted into a full one. That took place recently with the full Bitlicense being granted by the New York Department of Financial Services.
They are likely to improve even further how cryptocurrencies can be used at PayPal. Their desire is to create a financial system that is “more inclusive and effective.”
The more acceptance there is of cryptocurrencies, the better news for this payment method. More businesses, including online casinos, are likely to consider using cryptocurrencies as a way for customers to make financial transactions.
PayPal is also introducing an additional identity verification process. Again, this will increase the protection of personal details and that will please many, including users of online casinos.
It’s good to see the recent developments regarding PayPal and cryptocurrencies. Both have had their own battles to gain recognition of their services. Online casinos for example, needed to be convinced that their use is safe and secure.
It’s perhaps been more of a struggle for cryptocurrencies with not everyone knowing a great deal about them. If the volatility problems can be sorted out, then the future looks rosy for them.


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219 migrants were arrested in an illegal underground cloth factory in Moscow, Russia on May 31, 2013.
The factory was part of a multi-purpose underground facility which included a movie theater (for up to 35 people), bar, restaurant and a casino. The factory specialized in producing counterfeit brand-name clothing items. It was equipped with 122 sewing machines. The entrance was masked to look like a typical garage.
Girl at 2:00 looks rather scared.
|Liveleak on Facebook|


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Bitcoin And The Blockchain Blockchain technology is transitioning from a conceptual tool that powered the ICO boom into a value-adding service for. Bitcoin Games For Android 4 May 2018. Cryptocoin drop is available for only Android. Cryptocoin allows you to play with cryptocurrencies such as Dogecoin, Litecoin, and Bitcoin. This is. With the successful launch of its showcase product,
A new Quinnipiac poll of registered voters shows Ohio may be a swing state once again. The race between President Trump and.
25. Sept. 2017.
Und jetzt im November wird es wohl einen weiteren Split geben. Warum ist.
 Bitcoin Is Likely to Split Again in November, Say Major Players,
Dna Bitcoin Zee News 5 Nov 2016. Zee News always stay ahead in bringing current affairs from all the valley of National interest, Politics, Entertainment, Sports and International. cryptocurrency: Read cryptocurrency Latest News also find Videos, Photos and information about cryptocurrency from ZeeBiz.COM. Read more on. 27 Aug 2017. Infromation about Bitcoin, on ZEE NEWS and CNBC NEWS. If
3 Nov 2017.
"This is bitcoin crossing the divide from the wild west of finance to the.
“Back in 2013, Amazon secured "amazonbitcoin.com," which currently redirects.
From September 21 to October 21, the bitcoin cash price plummeted by.
time in the future and that was going to be the Bitcoin that they were running.”.
19 Dec 2018.
When the Bitcoin price bubble burst in December last year,
stance to crypto trading than anticipated, including a potential ban on exchanges.
On 14 November, bitcoin's own derivative coin, bitcoin cash, split again in a.
The U.S. Securities and Exchange Commission’s recent rejection of another bitcoin exchange-traded fund reveals competing views over the agency’s power to protect investors from unregulated financial.
With DeFi and ETH-backed stablecoins booming, and the ETH 2.0 scaling upgrade imminent, the Ethereum community is gaining.
Bitcoin Machine For Sale Ebang International Holdings aims to raise $106 million in a U.S. IPO. The firm designs ASICs for Bitcoin and related. Patrick Nelson has been an advocate for bitcoin in his seven-year political career. He wants to see New York’s BitLicense. Will we see geeks buying more Ferraris if bitcoin breaks back toward US$20,000, or crying
10 Apr 2019.
The value of Bitcoin famously crashed from almost $20k to a low of.
November Crash: $6.52k -> $3.24k in a month.
The split ignited a hash war between BCH and BSV, and the network.
Likely, we'll see higher Bitcoin valuation per on- chain transaction.
BTC Coming Soon: Full Pre-Crash Recovery.
15 Nov 2018.
On Nov. 15, Bitcoin Cash, the most famous hard fork of bitcoin and the.
fork of bitcoin and the fourth-largest cryptocurrency, will split in two,
is expected to conduct a hard fork upgrade on 15 November 2018.
Back to Top.
Supermarket bosses are being urged to commit to not selling imported food that is produced to lower standards after any trade.
The Supreme Court grants a reprieve to hundreds of thousands of young, undocumented immigrants. Their fate will now be.
23 Jun 2019.
On May 20th 2020, the third Bitcoin halving will occur.
is a network of miners who share their processing power and split the block reward.
We'll use my previous example from the “Mining difficulty & mining pools” section again.
Bitcoin could likely hit a 10x from it's price before the halving, so $100k.


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Just a week after we first saw the 2014 Mazda3 hatchback, the Mazda3 sedan has emerged from the depths of the internet.
Read This Article
Auto bosses typically drone on touting their brand strategies as the best course of action, and we typically give a slight nod, more in a manner of politesse than agreement.
Earlier this week we saw leaked images taken from a 2013 Mazda MX-5 Miata brochure, containing a subtly altered, more aggressive looking roadster.
Fiat and Mazda recently announced a partnership, and Fiat is taking it a step further by announcing that the Italian automaker is open to building Mazdas at its plants.


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A ruling made in New York federal court last Thursday has set the nation’s largest retailers scrambling — scrambling both within their own stores and scrambling down to Capitol Hill. Here’s the story, from the WSJ.
Here’s the deal: Judge Paul Gardephe on Thursday ruled that a consumer-safety law set to go into effect today applies to retailers’ current inventories, not just new merchandise. The law, passed last year, sets a new limit for plastic-softening chemicals, called phthalates, in children’s products, and toughens standards for lead content.
The retailers didn’t like the ruling, and took their complaints to Congress, urging lawmakers to roll back part of the law. In a letter to Congress, the Retail Industry Leaders Association said that testing current inventory for compliance — and disposing of goods that didn’t measure up — would costs “hundreds of millions of dollars” for lead and even more for phthalates, which some studies have linked to developmental disorders in children. The group’s members include Wal-Mart, Costco, Target and Best Buy.
Despite what the letter called “extraordinary measures” to pull products from store shelves, retailers may not yet be on top of their potential phthalate problems. “There’s a lot of it out there; it’s on the store shelves, in the warehouses and distribution centers,” said Stephanie Lester, the group’s vice president for international trade, in an interview with the WSJ.
But some retailers — including Toys “R” Us Inc. and Target — said they had been working for months with manufacturers to ship phthalate-free products, and didn’t expect to be greatly affected by the ruling.
But she added that other retailers were caught off guard by Thursday’s ruling and “now everyone’s in a panic.”


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According to a recent CFPB report, the pandemic has left more than 8.8 million consumers behind on their rent. Tenants at risk of homelessness are disproportionately people of color, primarily Black and Hispanic families. Federal, state, and local governments, including the CDC, have put temporary holds on evictions for non-payment of rent – a measure proven to help stop the spread of COVID-19. If you work in the housing sector, you’ll want to read a joint statement from FTC Acting Chair Slaughter and CFPB Acting Director Uejio on that subject.
The CDC has just announced a 90-day extension of its eviction moratorium for non-payment of rent and has issued procedures for eligible tenants to follow to put a temporary halt on the eviction process. As a result, you may be receiving CDC-issued forms from your tenants. The FTC has more information about that process, including links to sample declarations.
For businesses, the important message from Acting Chair Slaughter and Acting Director Uejio is that staff at the FTC and CFPB will be monitoring eviction practices – particularly by major multistate landlords, eviction management services, and private equity firms – to ensure companies are complying with the law. Evicting tenants in violation of the CDC, state, or local moratoriums – or evicting or threatening to evict them without telling them their legal rights under a moratorium – may violate prohibitions against deceptive and unfair practices, including under the Fair Debt Collection Practices Act and the FTC Act. Honoring those standards is an important step toward protecting consumers and public health.
The FTC has additional tips for consumers and small businesses about weathering the financial impact of COVID-19.


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Search Results for
June 19, 2020 | Washington Monthly
How Biden Can Prove He’s Serious About Busting Corporate Monopolies
At the beginning of the coronavirus outbreak, Americans quickly learned just how unprepared the country was for a pandemic. One of the most alarming revelations was that the U.S. had nowhere near the number of ventilators and other life-saving medical equipment it needed to fight the virus. That’s largely because of a surprising culprit: the Federal Trade Commission (FTC).
June 04, 2020
Another BigLaw Alum Ascends at the FTC
In late May, the Federal Trade Commission promoted Patty McDermott to Deputy Assistant Director of the Anticompetitive Practices (ACP) division. The ACP division’s work “involves not only stopping illegal conduct but also shaping the law,” making McDermott’s new position one of interest to corporations overseen by the FTC, beyond run-of-the-mill enforcement.
May 28, 2020
The Top Revolving Door Jobs for Ex-FTC Lawyers and Economists
The Revolving Door Project’s investigation shows that corporate gigs continue to be the most popular positions for FTC lawyers to take after leaving their posts, and reveals the regularity with which economists and analysts revolve to economic consulting firms that serve corporate interests.
May 20, 2020 | Talking Points Memo Cafe
We Can’t Let Him Get Away With It: Trump Chose Wall Street Over Main Street
In an advertisement released earlier this month, the Lincoln Project, an anti-Trump PAC, claimed that the Trump administration bailed out big banks via its coronavirus stimulus legislation (the CARES Act), leaving Main Street to suffer the effects of the pandemic. “Trump bailed out Wall Street, not Main Street,” a grim voice-over tells the viewer. President Donald Trump quickly took to Twitter hurling insults at the leaders of the PAC. Soon after, Politifact reported the advertisement’s claim was false, and Facebook subsequently labeled the advertisement “partially false.” But the Lincoln Project’s statement is true by any measure: The Trump administration played a central role in crafting the CARES Act, a piece of legislation that has bailed out Wall Street and not Main Street. The designers of the CARES Act must be held responsible for their actions.
May 14, 2020
Bezos Conveniently Ignores Congress’s Call to the Hot Seat
In late April, Amazon caught heat from members of the House Judiciary Committee for seemingly lying about the company’s use of data on third party vendors selling in Amazon’s marketplace. Contradicting Amazon in-house counsel (and former DOJ Antitrust official) Nate Sutton’s sworn testimony on the subject in July of 2019, the Wall Street Journal broke the story on April 23rd that Amazon is using proprietary information generated for third-party sellers on the platform to develop its house-brand products.
May 12, 2020
A Brief History of the SBA
In the past month, the Small Business Administration (SBA) has gained widespread media attention. This research report reviews the little-known agency’s history.
May 11, 2020
International Antitrust Response to Coronavirus
The Pandemic Anti-Monopoly Act would preemptively stop harmful mergers that not only affect American consumers, but economies all over the world that rely on the same global supply chains. Undoubtedly, companies looking to acquire struggling businesses during the pandemic will try to take advantage of the “failing firm” argument to justify acquisitions. But what actions have lawmakers and antitrust enforcement officials in other countries undertaken to prevent predatory mergers while businesses struggle?
May 07, 2020
Why is Congress Ignoring EIDLs?
Over the past several weeks, the SBA has been criticized for its administration and oversight of its Paycheck Protection Program (PPP), which offers forgivable loans designed to be spent on payroll expenses. But little attention has been paid to the SBA’s second COVID-response loan effort: the Economic Injury Disaster Loan (EIDL) program. EIDLs provide small businesses affected by disasters with emergency loans. Over the past few decades, the SBA has provided EIDLs after major disasters such as Hurricane Katrina and 9/11.
May 06, 2020
RDP Bemoans Big Pharma Merger Facilitated by Revolving Door BigLaw Lawyers
Revolving Door Project Executive Director Jeff Hauser said, “This anti-competitive merger further entrenches Big Pharma at the expense of all Americans. Big Pharma’s playbook here is no less dangerous for having become rote: They hire well-connected revolving door FTC alumni to secure approval for mergers that undermine the public interest. To restore the public interest at the FTC, we will need to end the FTC-to-BigLaw pipeline that has helped bring about an economy that works well for rich investors rather than American consumers or workers.”
May 01, 2020
The SBA's Office of Advocacy: What is it and Why is it Relevant?
The Small Business Administration’s Office of Advocacy (“Advocacy”) is a little known corner of the executive branch that wields a surprising amount of power, particularly in the regulatory process. This research memo explores the powers Advocacy possesses, how the office gained this power, and the potential Advocacy may have in a progressive administration to be a strong anti-consolidation voice in the regulatory process.
April 29, 2020
Amazon Won’t Play Fair In Commerce Or Congress
Last week, the Wall Street Journal revealed that contrary to stated company policies, Amazon looks at proprietary information generated for third-party sellers on the platform when developing its house-brand offerings. Cases described to the Journal include Amazon engineers peeking at the total sales, profit margins, and shipping costs for a popular third-party car trunk organizer which sells on Amazon Marketplace. Amazon later used that data to help design its own, rival product. Third-party sellers have long believed that Amazon wasn’t looking at this information because…Amazon said it wasn’t looking at this information. Instead, the tech giant’s control of both the Marketplace and its own house brands grants it an anti-competitive advantage over smaller sellers who depend on Amazon’s marketplace to survive. They can’t check all of their competitors’ stats on a whim to figure out how to drive them out of business.
April 14, 2020
Facebook Picks Up Senior FTC Official To Undermine Her Former Employees
The Covid-19 pandemic is creating ripe conditions for corporate acquisition sprees by industry giants. But at least one company, already under the microscope, isn’t just looking to pick off competitors. Facebook has its eyes on the supposed cops on this beat, the antitrust enforcement officials ready to jump ship.
April 08, 2020
BigLaw Jobs Are The Most Popular Next Step For Ex-FTC Antitrust Lawyers
A slim majority of individuals whom we could identify, and a strong plurality of the overall data set, have revolved into corporate law firms where they defend clients in the sorts of investigations and approval processes which they themselves used to administer.
April 02, 2020 | The American Prospect
The Men and Women Who Shrank the U.S. Ventilator Supply
This week, we learned that America squandered the opportunity to avoid an imminent critical shortage of lifesaving ventilators, and horrifying medical triage, amid surging COVID-19 cases in New York City, New Orleans, and elsewhere. The New York Times reported that a 2012 merger overseen by the Federal Trade Commission (FTC) foiled public-health officials’ push to replenish the nation’s ventilator supply.
December 04, 2019 | The American Prospect
Bloomberg News’ Curious Interpretation of Editorial Independence
Bloomberg News raised some eyebrows in the media world last week when reports leaked that it won’t investigate former New York mayor and Wall Street darling Michael Bloomberg as he (groan) runs for president. The news outlet also decided to refrain from investigating any other Democrats running, to maintain a level playing field, and added that the opinion page would publish no outside op-eds on the election as long as its owner remained a candidate.


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has the potential to entrepreneurs who are looking for good business projects, for the life of dynamic billionaires is concerned, is also concerned about hot investment in the field of high degree, it is necessary to understand the business area of indonesia.
"billionaire 1/3 time on the trip on the road, the average monthly 9.2 days. The average working hours of 6.6 hours sleep, sleep on weekends for 7.2 hours. 3 into the billionaire working days less than 6 hours of sleep." The Hurun Research Institute in Shanghai recently released "2013 – China is superior to millionaires brands tend to report", the Hurun Research Institute released the report ninth times.
surveyed the crowd
millionaires, the average age of only 38 years
collection: watch in the first place, the calligraphy and painting


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With more than $1 billion in completed turnkey projects, Hannibal is the end-to-end material handling solutions provider for today
Hannibal, now a part of Nucor and the largest pallet rack manufacturer in North America, has announced it is offering complete integration and engineering services to the company’s entire customer base. As the global supply chain has revved up recently, requiring warehouse space to expand at a record pace, Hannibal has grown to provide the end-to-end material handling solutions its customers need.
“Over the last several years, Hannibal has been honing its integration services in concert with a select group of clients, building a team that has tackled the largest and most intricate warehouse projects,” said Steve Rogers at Hannibal. “Working in an environment of unprecedented supply chain interruption and scarcity, Hannibal has partnered with the strongest suppliers in the industry, along with the supply assurance of our parent company Nucor – the nation’s largest and most diverse steel manufacturer – to meet demand and deliver projects, completely and on-time.”
Hannibal has completed more than $1 Billion in its end-to-end material handling projects since initiating its turn-key solutions just a few years ago. The company’s integration services provide material handling solutions from concept to completion, including engineering, permitting, design, environmental health and safety (EHS), installation, fire suppression, and implementation. Offering integration and engineering services that reach beyond traditional needs to include seismic compliance and severe weather preparation, in conjunction with owning the manufacturing process, will help alleviate supply chain challenges for companies. This expansion underscores the flexibility, depth, and commitment of Hannibal as it evolves to support the supply chain.


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We are in the process of developing non-infringing technologies for some products and will enter the European market by 2005, Mr Habil Khorakiwala, chairman, Wockhardt Ltd told PTI here.
The company is investing about Rs 150 crore to set up three facilities near Aurangabad for manufacturing biotech products, he said.
We have invested about Rs. 150 crore to create threefacilities near Aurangabad, two of which are expected to be commissioned by the end of 2003, he said. He said these facilities would specially focus ondvelopment of products for the regulated markets.


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“We certainly include advertising as part of our North American consumer segments and we are making investments for the long term, which is reflected in our operating results,” said Amazon CFO Tom Szkutak during the earnings call Thursday.
Although Amazon is usually quiet about its ads-related business, it is decidedly more open about its push toward original content and video.
“What we’re doing globally to support our Prime platform, video and original content, devices, as well as some things related to international and some geographic-specific stuff, certainly we think there’s a big opportunity here,” said Szkutak in response to the lone analyst question about advertising investment on the call.
He noted a $1.3 billion investment in content for Prime customers, and credited original content and video as drivers of conversion in other parts of Amazon’s platform. He said Amazon acquires many new customers through a free trial pipeline on Amazon Prime Instant Video and many go on to convert into paying customers elsewhere.
Amazon reported a loss of $57 million in the quarter despite its increase in sales to $22.27 billion.


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“This is good news,” according to our friend Gina Coplon-Newfield, director of the Sierra Club’s EV initiative, citing the latest monthly scorecard from InsideEVs that shows auto manufacturers sold more than 10,500 electric vehicles in the U.S. last month.
While the overall number is still low, less than 1 percent of total vehicle sales in September, it’s still the highest percentage to date, according to her calculations.
“This portion may sound small, but it’s 20 percent bigger than the percentage from September 2013,” Coplon-Newfield wrote.
“For an environmental group like the Sierra Club, it is this percentage that we care about more than total EV sales . . . . For the millions who will continue to drive in the near future, we need them to switch to EVs, which are significantly cleaner than conventional vehicles.”
Why were sales up in September? Coplon-Newfield suggests that National Drive Electric Week played a role; across the country, more than 90,000 people attended events in more than 150 cities.
We saw quite of few curious potential buyers at Drive Electric Week events here in Michigan, and hope some of them added to the month’s great sales.


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If you're cramming last-minute Christmas or Hanukkah shopping online ahead of next week's holidays, and it absolutely, positively has to be there overnight, don't count on FedEx being the service to get it there for you. Not only is Amazon no longer working with the carrier, but now third-party merchants are banned from using the service, too.
The Wall Street Journal obtained a copy of a message Amazon sent to its third-party vendors Sunday night explaining the prohibition. Starting this week, marketplace vendors offering Prime shipments will not be allowed to use FedEx Ground or Home services. This ban will persist "until the delivery performance of these ship methods improves."
Third-party retailers accounted for about 58% of Amazon's retail activity in 2018, company CEO Jeff Bezos said earlier this year, and sold a cumulative $160 billion worth of goods. The vendor marketplace is on track to be at least as large a share of Amazon's retail business in 2019.
FedEx ended its last domestic contract with Amazon in August in part due to that in-house business. "High-volume shippers such as Amazon "are developing and implementing in-house delivery capabilities and utilizing independent contractors for deliveries, and may be considered competitors," FedEx wrote in an investor document earlier this year. The company added that Amazon in particular is "investing significant capital to establish a network of hubs, aircraft, and vehicles."
A FedEx representative told the WSJ that the impact to the shipping firm is "minuscule," while admitting that Amazon's directive "limits the options for those small businesses on some of the highest shipping days in history."
Marketplace sellers selling items marked for Amazon Prime delivery can use UPS services, FedEx’s Express service (which is pricey), or Amazon’s own in-house logistics business (which the company heavily encourages vendors to use). That encouragement is so heavy, in fact, that at least one merchant has complained to Congress that the shipping business should be considered one of Amazon's many potential antitrust violations.


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As the world faces
for your hotel.
The current global pandemic has deeply affected the hospitality industry, with hotels at the forefront of the shift. As the hotel industry moves out of the COVID-19 crisis and owners around the world seek to address under-performing inventory, the hospitality experts at Suited are reflecting on challenges and opportunities in our new white paper,
“Repurposed Hotel Project.”
Within the pages of this detailed exploration, our goal is to:
Evaluate the impact of the pandemic on hotels and identify current drivers.
Present detailed case studies, including an analysis of challenges and opportunities.
Identify ways to repurpose buildings for more programming flexibility.
for increasing revenue generating spaces.


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Designer under fire for racist photo shoot called 'Be My Slave' where white women dressed in high-end clothes are waited on by a young black boy
Pakistani designer Aamna Aqeel has come under fire for her 'Be My Slave' fashion shoot that depicts a model being pampered by a dark-skinned child slave.
The shoot appeared in DIVA, a Pakistani fashion and lifestyle magazine and they were also posted on the designer's Facebook page on April 24.
Critics have condemned the scenes as racist and have called on the designer to apologize.
Offensive: Designer Aamna Aqeel organized this controversial fashion photo shoot that depicts a dark-skinned child pampering a white model in haute couture
Tasteless: The shoot appeared in DIVA, a Pakistani fashion and lifestyle magazine and they were also posted on the designer's Facebook page on April 24
Outrageous: Critics have condemned the scenes as racist and have called on the designer to apologize
Aqeel has denied there were any racist undertones to the photos , according to the International Herald Tribune.
She has alleged the inclusion of the child happened purely by chance.
'He works in a garage and wanted some work,' she told the Tribune.
The designer insisted the boy was included in order to spark a larger conversation on child labor issues.
Defense: The designer has denied there were any racist undertones to the photos
Unconvincing: The designer said the child in the pictures worked at a local garage and he was recruited to appear in the photos to raise awareness for child labor
Controversy: The photos appeared in the Pakistani fashion magazine, DIVA
Aqeel says she is involved with a children's charity and wanted to expose how children are exploited as domestic workers.
She has also denied that the incendiary poses were meant as a publicity ploy for her brand and were meant to raise public awareness for her cause.
Many took to her Facebook page to blast the offensive photo shoot.
'This was not only morally and socially offensive,' one Facebook user wrote, with another calling the shoot ' very disturbing, degrading, and tasteless!!'
Rationale: Designer Aamna Aqeel insists she only wanted to expose how children are exploited as domestic workers in the photo shoot
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Supposedly we are living in the "Post PC era" but at least for now shipments of PCs worldwide are actually increasing. According to a new report from IDC, PC shipment numbers went up 2.3 percent in the first quarter of 2012 compared to the same time period a year ago. This actually beats previous expectations from IDC who had expected shipments to decline 0.9 percent in the last quarter.
There were some predictions that PC shipments might go down in part because of hard drive shortages, thanks to the flooding of hard drive factories in Thailand in 2011. However, IDC's new report says PC makers were able to get more access to hard drives than first believed. It said, "As a result, large PC vendors were able to maintain shipments by managing inventory or absorbing price increases, while the impact to shipments from smaller PC makers was in line with expectations."
As far as the rest of 2012 is concerned, IDC states, " ... we expect PC shipments to pick up significantly by the fourth quarter and beyond as HDD supply and pricing are normalized, Windows 8 is launched, and replacements pick up."
HP remains the world's largest PC maker with $15.714 million PCs shipped followed by Lenovo, Dell, Acer and Asus.


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Helbiz Kitchen, a micromobility.com Inc. company, is excited to announce the launch of its first ghost kitchen in Austin, Texas. This marks the third Helbiz Kitchen in the United States, following its successful expansion in Los Angeles and Santa Monica.
Cincinnati, OH-based Kroger Co. plans to add ghost kitchens to three Columbus-area stores this year in a partnership with California-based ghost kitchen company Kitchen United.
Kitchen United, ghost kitchen and restaurant hub technology pioneer, announced a $100M Series C fundraise, which includes some of the world's preeminent financial and strategic investors.
Kitchen United has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2022 and Forbes Best Start-Up Employers for 2022.
Wow Bao, the fastest-growing U.S. restaurant concept since the pandemic began, is now available in Canada starting today via Ghost Kitchen Brands.
Simon has announced "Grab Go Eat", a new collaboration with ghost kitchen industry leader, Kitchen United.
Ghost Kitchen Brands is expanding its relationship with Walmart as it opens its first U.S. location in Rochester, New York.
Is controlled environment agriculture printing cash? It may seem so with more than $200 MM in investments announced this week alone.
Wendy's and REEF expect to open approximately 50 delivery kitchens in 2021, with the remainder launched by 2025.
While the past 18 months have been brutal for the foodservice industry, one area has been booming. So-called “ghost kitchens” are expanding rapidly, especially with seed money from start-up investors.


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Mitsubishi to Sell 30,000 i-MiEVs Annually by 2012
It's a lofty goal, perhaps, but after building 1600 i-MiEVs in 2009, Mitsubishi expects to produce 30,000 of the electric microcars annually by 2012.
Based on these estimates, its obvious Mitsubishi is aiming to push the little EV into various markets across the world. Mitsubishi is currently launching the car to consumers in Great Britain, and anticipates doing the same here in the U.S. before 2012. We don't, however, know if these figures include vehicles built for French automakers Peugeot and Citroën. Mitsubishi recently inked a deal to supply the brands with up to 100,000 badge-engineered i-MiEVs (the iOn and C-Zero, respectively) over the course of the next five years.
Two hurdles loom large in Mitsubishi's path to accomplishing this goal. First, there's a production issue -- as reported earlier, the automaker can presently source only 9000 batteries each year, but is working on eliminating the supplier bottleneck and increasing that total.
Pricing, however, may be enough to drive some consumers away. Mitsubishi recently announced the i-MiEV will carry roughly a $45,000 price tag in Japan. Considering Nissan's Leaf -- a slightly larger EV -- is expected to be priced competitively with the Toyota Prius, this may be a stumbling block. That said, owners do enjoy some fiscal benefits -- the car will likely qualify for a tax rebate in the U.S., while owners in England will save nearly $3000 annually by avoiding paying road tax and congestion charges.
Mitsubishi, however, is still trying to work to bring that initial price tag to the $20,000-30,000 level. In order to do so, however, it may need to amortize the costs of the drive system by implementing it in additional models lines.
Source: Associated Press, Mitsubishi
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The brand, with 50 million digital users, produces around 2,000 pieces of content every day, across 70 cities, and since the paywall is in a nascent stage, the focus this year has been on consumer acquisition.
The brand’s paywall offering, at this point, can neither be called metered nor hard, since aside from 350-400 premium pieces, all the content is free to access on the website and apps.
Radhika Shukla, Head of Growth and Strategy, TOI+ and Newspoint, Times Internet Ltd., joined WAN-IFRA’s recent Digital Media India Conference to share the brand’s subscription journey to date and their initial learnings.
The paywalled content includes expert opinion, newsletters, podcasts, crossword, and in-depth news analysis, heavily driven by data and charts in an easy to consume form.
Once a user becomes a subscriber, they are shifted to an ad-lite model.
Currently, ToI+ offers only one yearly subscription plan at a very competitive price of Rs 599 (€ 7.24) (Android and browser) and Rs 799 (€ 9.66) (iOS).
The brand also offers a Times Prime membership that has been dubbed a super subscription service that provides access to over 15 premium subscriptions and offers from more than 20 brands, such as SonyLiv, Disney+Hotstar, Cricbuzz, Uber, Starbucks and Myntra amongst others.
Since ToI+ is only a year old, the brand’s biggest focus this year has been strategising customer acquisition that has been categorised thus:
Keen to read more? This content is exclusively available to our WAN-IFRA Members. If you believe your company is already a member, or you’d like to join in a personal capacity, please contact email@example.com If you’re a media journalist please reach out to firstname.lastname@example.org
The post How ToI+ drives subscriptions through data-driven user analysis appeared first on WAN-IFRA.
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Eniac Ventures, a New York-based venture capital firm, has closed its fourth fund, Eniac IV, with $100 million.
Eniac IV will invest in startups focused on augmented reality, virtual reality, bots, robotics and other software-powered technologies.
And there will be a strong focus on startups that have a layer of AI embedded into their platforms, the fund’s founders said in a blog post:
We don’t see AI as a sector, but rather a fundamental titanic shift that cuts across everything we do. Much like ‘big data’ when we started investing in 2010, we expect almost every investment we make to utilize different branches of AI to solve big problems for users and customers.
Eniac was co-founded in 2010 by its general partners Hadley Harris, Nihal Mehta, Vic Singh and Tim Young as a seed-stage fund.
The firm’s portfolio of fashion tech, retail tech and lifestyle investments include Trumaker, Owlet and TapCommerce.
As part of the new fund, the team at Eniac has also announced the launch of Eniac Platform, a free service that helps its portfolio companies with business development and operations, finding new staff and communicating with the press and funding support.


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If London 2012 set a turning point in the way that audiences consume sports and broadcasters encompass technology, Sochi represented a further step forward in the digitalisation of modern sporting events.
deltatre was lucky enough to contribute to that process by supporting some of the leading rights-holders in delivering the Games across all digital platforms in more than 20 countries in North America, South America, Europe and Asia, including the leading provider of wireless services in Latin America America Movil, Norway’s largest commercial television broadcaster TV 2 and France’s premier broadcaster France Télévisions. This continues the great partnership we have had with some of the world’s other leading broadcasters, including NBC, NHK and BBC.
Ciaran Quinn, deltatre’s Chief Commercial Officer International said “In 2004, there was one Continental European broadcaster, Canal+, that was involved with live Olympic content delivered online, and now everything is live for some of the world’s top broadcasters. They realized that London 2012 was a watershed for digital Olympic Games as 1 billion individuals consumed it in some digital format — whether by watching video, checking real time stats on their phone, ‘liking’ an athlete, or just staying on top of the event as it unfolded with all its surprises and magic.”
deltatre’s mission in Sochi was to support the rights-holders so that they could best serve viewers and fans with rich and real-time content available on an anytime, anywhere and any device basis. The digital sport media group provided its clients with a set of solutions ranging from the design of websites, mobile and tablet apps to a revolutionary video player as well as a real-time interactive sports data service and much more.


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President Biden on April 9th asked Congress to authorize a massive $1.5 trillion federal spending plan later this year, seeking to invest heavily in a number of...
HiGlobal is a China based solution provider for companies who are importing from China or interested in Chinese market, and it transformed from trading on 9 years of industry experience.
We guarantee safe, profitable and efficient trade for our clients. We rely on responsible experts and innovative concept and to drive the growth of our clients’ business with unique strategy, help them achieve success in Chinese market.
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Our mission is providing clients with world-class product procurement management and Chinese market strategies.


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LATEST NEWS FROM MIDDLETONS
We're committed to serving great food in a vibrant, relaxed atmosphere to give our customers a dining experience to remember. But we also want to share our stories, recipes, tips and news to whet your appetite for your next visit. Keep up to date with our latest news features here.
Middletons Steakhouse & Grill to open new restaurant in Leamington Spa
We’re delighted to announce we will be opening a new restaurant in Leamington Spa. We are so pleased to be able to realise a long-awaited ambition to launch a restaurant in the town when our newest home opens on Monday 21st February 2022. To celebrate the news, a 50% discount…


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Rejoice, speeding drivers! The new 2015 Hyundai Genesis, which goes on sale around the world this year, will soon have the ability to automatically brake for speed cameras. The car will have a built-in map of speed cameras and average speed cameras, and then use a combination of GPS and its fancy Automatic Emergency Braking technology to brake if you’re still going over the speed limit when you reach the camera. While this feature is probably legal, it does appear to go against the spirit of speed cameras; after all, if you can just keep your foot down, and rely on the car to automatically brake for speed cameras, that’s hardly very safe, right?
What competition? Nobody else sells a loaded mid-luxury sedan this good for $50K. But learn to live with one USB jack.
Subscribe Today to get the latest ExtremeTech news delivered right to your inbox.
This newsletter may contain advertising, deals, or affiliate links. Subscribing to a newsletter indicates your consent to our


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BELGRADE – Serbian Minister of Trade, Tourism and Telecommunications Rasim Ljajic and Montenegrin Minister of Sustainable Development and Tourism Branimir Gvozdenovic have discussed a joint entry of the two countries into third, far-off markets in the field of tourism.
At the International Fair of Tourism in Belgrade, the ministers agreed that the first joint tourism offer would be presented in Budapest in early March.
Ljajic noted that a 10 percent rise in the number of Serbian tourists in Montenegro triggers a 15 percent increase in the volume of Serbian goods on the Montenegrin market, but also an employment growth, because at least 15,000 Serbian citizens work in Montenegro during the tourist season.
On the other hand, more and more tourists from Montenegro come to Serbia every year, last year the number stood at 60,000, and this year the number is expected to grow, Ljajic said.
Gvozdenovic said that they agreed the joint entry into the Chinese market in particular, but also other far-off markets, in an effort to attract more tourists from these parts of the world to Serbia and Montenegro.
He noted that Montenegro “is a well-positioned tourist destination”, which tripled its tourism revenues in the last 10 years.
Last year, Montenegro welcomed 1.5 million tourists, and its tourism revenues amounted to EUR 730 million, Gvozdenovic said.
Source: InSerbia News (Montenegro)


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Chinese podcast and streaming app Lizhi submitted IPO documents in the US on October 25 and is considering raising about 100 million US dollars through this IPO. If the IPO goes through, Lizhi will become the first Chinese podcast company listed in the US, before its competitor, Himalaya FM. Lizhi’s investors include smartphone maker Xiaomi, Shunwei Capital and Matrix Partners China. Lizhi raised $50 million in its last funding round in 2018.
Previous：Understanding Chris Lee
In November, China's court system website published the final court ruling on Tencent vs. NetEase case over Jay Chou's music copyr标签：Jay Chou, Netease Cloud Music, Tencent Music Entertainment 2019-11-17
On October 25th, the short video social media app Tik Tok announced that it had formally entered into a strategic partnership with标签：Tik Tok 2019-11-01
On October 29th, Tik Tok's parent company ByteDance revealed that it is developing a new product called "Music Gang". So far, ther标签：Tik Tok 2019-10-31
Copyright © 2015 China Music Business News


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| May 14, 2014
| 12:02 PM
The Honda Accord overtook Toyota’s Prius hybrid as the bestselling vehicle in California during the first quarter of this year, according to the California New Car Dealers Assn.
The Prius had been the bestseller in the state for two consecutive...
| May 16, 2014
| 1:25 PM
What’s the secret to the kind of success that creates worldwide fame and brings in billions of dollars? “Work super hard!” Elon Musk told graduating seniors at USC.
What about entrepreneurial genius? An uncanny ability to ferret out...
| Jun 10, 2014
| 5:04 PM
Texas Gov. Rick Perry drove a Tesla Motors electric car past the state Capitol Tuesday afternoon, sending a not-very-subtle message that he’s in a rush to woo Chief Executive Elon Musk to build a $4 billion-plus battery factory in the Lone Star...
| May 16, 2014
| 5:07 PM
Auto-buying website TrueCar Inc. rose in its trading debut after it raised $70 million in an initial public offering.
TrueCar gained 12% to $10.06 at the close of trading Friday. The Santa Monica company, which provides pricing and vehicle data for...
| May 29, 2014
| 9:46 PM
CAPE CANAVERAL Fla. -- Space Exploration Technologies, or SpaceX, on Thursday unveiled an upgraded passenger version of the Dragon cargo ship NASA buys for resupply runs to the International Space Station.
Rather than parachuting down into the ocean,...
| Jun 12, 2014
| 6:28 PM
The Tesla Model S just became the world's first open-source car.
Elon Musk, chief executive of Tesla Motors Inc., said Thursday that he was opening up the electric car company's patents to all comers.
"Technology leadership is not defined by patents,...
| May 7, 2014
| 5:45 PM
California is back on the map as a potential site for Tesla Motors' proposed battery factory but remains a long shot, the electric car company's Chief Executive Elon Musk said Wednesday.
Musk said the automaker is working through a number of issues with...
| May 8, 2014
| 1:43 PM
Shares of Tesla Motors Inc. plunged after the electric car maker reported losing $49.8 million in the first quarter and outlined a host of challenges.
The Palo Alto automaker reported Wednesday that research and development expenses are rising,...
| May 9, 2014
| 9:25 AM
Tesla has been the talk of the automotive industry since the Tesla Motors Model S was announced.
Now, a man has put the no-gas electric vehicle to the test by driving 2,600 miles from Herkimer, N.Y. to Miami without spending a cent, WKTV reports. ...
| Apr 22, 2014
Tesla Motors, the California-based maker of an all-electric four-passenger sedan highly touted by Consumer Reports magazine, plans to install a charging station exclusively for its Tesla S model -- the one the magazine calls "not only the best electric...
| Mar 20, 2014
Re "The car dealers' racket," Opinion, March 17
So New Jersey Gov. Chris Christie endorsed a decision last week by the Motor Vehicle Commission to "protect consumers" and effectively kick Tesla out of the state by prohibiting it from selling its...


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VIRGINIA BEACH, Va. - Virginia Beach police are asking vehicle owners to lock their car doors at all times, especially with the holiday season approaching.
Sgt. Brian Walters with the VBPD Crime Prevention Unit tells News 3 thefts from unlocked vehicles has been the city's top crime for some time and larcenies from locked vehicles tend to pick up during the shopping season.
Walters says a car full of thieves will often pull into a neighborhood, get out and quickly go from car to car checking for unlocked doors. If they find one, he says they will steal valuables inside or steal the car altogether if they find a key inside.
This warning comes as police in Newport News are reporting a spike in thefts from vehicles. The York-Poquoson Sheriff's Office also tells News 3 they've seen a rise in recent months.
According to the Norfolk Police Department reports of larcenies from cars increased from 456 in July-August to 483 in September-October.
Police say the best response is simply for drivers to keep their doors locked.


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The Dinkytown area can expect more than luxury housing from the project that will replace the University Technology Enterprise Center in 2014. Increased parking and a public walkway are among the site’s new features approved by the Minneapolis Planning Commission Monday.
The changes follow discussions between area businesses, the Marcy-Holmes Neighborhood Association, developer GEM Realty Capital and the city.
MHNA President Doug Carlson said this type of cooperation is a recent trend that benefits all involved.
Recently, developers and neighborhood associations have worked together from the earliest planning stages. Ultimately, developers can save money by collaborating earlier, he said.
“They used to come to us in the midst of the project,” Carlson said. “They had moved ahead with designs before they even talked with anyone.”
The additional parking comes in response to pressure from area businesses owners, who feared the loss of parking on the UTEC site would cripple their businesses, which rely on customers from off campus.
The new plan includes 47 more above-ground spots than the original plan, which was approved in late August by the City Planning Commission.
According to the planning division report, residents will be given priority to about 25 of these above-ground stalls, and the remainder will be made publicly available for a fee.
Dinkytown grocery store to come?
To make the additional parking possible, retail space was shifted around and some of it was sacrificed altogether.
The approximately 44,000 square feet of commercial space will likely include a grocery store and two other retailers, according to the report. The tenants have not been finalized.
Though there hasn’t been a full-service grocery store in the University district in 15 years, there are mixed reactions to the possibility of an on-site grocery store.
“We welcome the possibility for grocery-type shop,” Carlson said. “I think that’s been a desire for a long time in that area.”
Ryan Grant, a fifth-year sports management student, agreed, saying students without vehicles are in need of a closer grocery option to campus.
But Laurel Bauer, owner of House of Hanson — a small grocery store across the street from the UTEC site — is concerned for her business.
“I feel it’s a huge threat,” she said.
Charlene Bogonko, a global studies senior, worries about the effects of additional commercial space on campus.
“It just becomes way more commercialized and makes it feel more impersonal,” she said. “The school loses its sense of authenticity and originality and becomes more of a commercial place.”
As for the other retail spaces, Bauer says she hopes the developer will take into consideration Dinkytown’s existing businesses, which already include more than 30 restaurants and bars.
A new walkway
The walkway, which was added after talks between the MHNA and developer Boarman Kroos Vogel Group, will allow for a public path cutting across the site.
The planning commission approved the addition but with several safety conditions including special late-night precautions concerning how and when the enclosing gates should be open.
Arvonne Fraser, vice president of MHNA, considers the addition a victory for the Dinkytown area.
“We were very adamant about having a walkthrough kept in some way, and they’ve done a nice job,” she said.
The UTEC project
The planning division report describes the 317-unit project as one “essentially designed as five separate buildings with varying degrees of connections.”
The developer plans to market it not only to University students but also to faculty, staff and other professionals who wish to live near campus.
The project will offer a variety of units — from studios to four-bedroom units — as well as amenities like a plaza, a fitness center, an indoor pool and a central courtyard.
Though it won support from MNHA, others have had varied reactions to the project.
Jim Sander, supporter of his wife’s restaurant, Kafe 421, is apprehensive of the change.
“The world we live in will be rapidly changing,” he said. “I wish it hadn’t happened.”
For Bauer, whose store recently celebrated its 80th anniversary, it’s an unfortunate change.
“It’s just hard to see something come in and change the picture so much,” she said.
“There’s always change, I guess. I’m not opposed to change as long as they consider what’s already here.”


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Sugar Cosmetics opens first EBO in Kolkata, plans aggressive offline expansion
Online colour cosmetics brand Sugar Cosmetics has entered the brick-and-mortar space with the launch of its first exclusive brand outlet in the city of Kolkata.
The new store is spread over an area of 300 square feet located at Forum Mall in Kolkata and will house Sugar’s entire product range that includes liquid lipsticks, lip primers, eyebrow definers, nail lacquers, blushes, highlighters and more.
The company had raised around Rs 70 crore ($10 million) last month and will be using the funds to aggressively scale up its offline presence across the country in the coming months
Commenting on the launch, Vineeta Singh, CEO Sugar Cosmetics, in a statement said, “We are extremely happy to announce the opening of our first store here in India. We chose the beautiful city of Kolkata to start off with our first exclusive brand outlet as we received a tremendous response from our first Kolkata kiosk that was launched last November.
“Since July 2015, when we announced Sugar in India, we have come a long way and now have a retail presence of 400+ outlets, spread across general and modern trade. Over the rest of the year, we will continue to scale our presence aggressively across the length and breadth of India,” she added.
The Mumbai-based make-up brand Sugar Cosmetics was founded in 2012 by Kaushik Mukherjee and Vineeta Singh. It sells its products across platforms such as Amazon India, Nykaa and others.
Copyright © 2023 FashionNetwork.com All rights reserved.


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November 10 on Tuesday historic day for Apple and their lovers as on the day new era of Arm-Based macs with Apple own M1 processors had been started. Arm-Based MacBook pro is one of them 13-inches MacBook pro is upgraded with new M1 CPU’s and launched in Apple Mac event “One More Thing” held on November 10.
The new MacBook Pro comes with a 13-inch display size and costs around $1,299. New MacBook Pro will be featured with Apple-owned new M1 processor claimed as fastest CPU in the world, Fastest integrated graphics, and more powerful as compared to Intel’s processor used earlier said by Apple. This new Mac will also launch along with macOS Big Sur, which Apple says is designed specifically to take advantage of the new hardware.
The company has developing its own processors for a decade, going back to its A4 chipset from the original iPad and the iPhone 4. And while Apple’s A-series chips have only grown more powerful over time. Apple has used its own chips inside recent Macs, like the T2 security chip or the repurposed Apple Watch processor that powers the MacBook Pro’s touch bar.
Arm Based MacBook Pro
The company said about the performance of the new Arm Based MacBook Pro, they said that it performs 2.8 times faster than an earlier generation and with graphics 5 times faster than earlier. It is going to still features an Active cooling fan system. There’s still a Touch Bar, along with two Thunderbolt 4 ports (located on the left side of the laptop).
If we talk about the Battery life of the new MacBook Pro then it is 17 hours for web browsing while 20 hours for video playback according to Apple which is up to 10 hours longer than before. There are some configuration options also available i.e. 8 GB or 16 GB Ram along with 256GB, 512GB, 1TB, and 2TB SSD options.
No Arm Based laptops in the market including Samsung Galaxy Book S, Microsoft Surface Pro X, etc. offers performance that Apple promises to be performed by their new Arm based MacBook Pro.
The release of the new Mac processor M1 by Apple marks a special date in history and makes it proper different from the release of old iPhones and iPads chips. The company is pretty sure about the performance of their new M1 CPU’s as they also claimed them as the fastest and powerful CPU in the world.
The MacBook Pro isn’t the only Mac running on Apple Silicon MacBook Air and MacBook Mini is also in the category of Macs running on the M1 processor CPU.
New Arm based MacBook Pro costs $1,299 with preorder starting from November 10 till launch date i.e. November 17.


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The United Nations Food Agency’s World Price Index hit a new two-year low in August, reversing the brief rebound from the previous month.
This reversal was driven by a decline in the prices of the majority of food commodities, although there were slight increases noted in rice and sugar costs.
According to Reuters, the Food and Agriculture Organization (FAO) announced on Friday that its price index, which monitors the prices of the most traded food commodities worldwide, averaged 121.4 points in August.
This represented a decline from the revised 124.0 points reported for the prior month.
The August reading was the lowest since March 2021 and 24% below an all-time high reached in March 2022 in the wake of Russia’s invasion of Ukraine.
Russia-Ukraine Crisis on Food Inflation
Russia’s invasion of Ukraine is raising food prices across the world. Russia and Ukraine are among the world’s most important suppliers of key staples and fertilizers.
Due to the highly integrated nature of these markets, people thousands of kilometres away from the battleground are suffering from the war’s implications.
By causing disruptions in the supply of these commodities, the war is driving up food and fertilizer prices.
According to the recent World Bank report, nearly 50 countries depend on Russia and Ukraine for at least 30% of their wheat import and, of these, 36 countries source over 50% of their wheat from the two countries.
Due to (anticipated) shortages in supply following Russia’s invasion, global wheat and maize prices skyrocketed and are respectively at 48 and 28% higher than in early February (before the outbreak of the war), and 79 and 37% higher than the year before. #
Higher global food prices will directly translate to domestic food price inflation, especially in food import-dependent countries, limiting the ability of people to afford their food.
West Africa Food Crisis
The UN also noted that the repercussions of the Ukraine war will be particularly harsh on West Africa and the Sahel region.
Given their heavy reliance on food imports, this impending global food crisis will severely impact the region and worsen food security, especially among vulnerable populations.
Already, local prices for essentials like rice, wheat, oil, sugar, and processed goods have surged by 20% to 50% in different countries across the region.
The World Food Programme (WFP) projects that the war’s consequences could result in 7 to 10 million additional people in West Africa experiencing food insecurity.
Even before the conflict, food security predictions for the West Africa and Sahel region were grim. The region was grappling with a food and nutrition crisis for the third consecutive year, with 33.4 million people expected to require food assistance from June to August 2022.
High levels of food insecurity in the region are attributed to a mix of structural challenges, including fragility, high poverty rates, climate change, environmental degradation, and low agricultural productivity.
Tinubu’s Food Security Emergency
Earlier in July, President Bola Tinubu declared an immediate State of Emergency on food insecurity to tackle the increase in food prices, his spokesperson has said.
Presidential spokesperson Dele Alake said Mr Tinubu is “not unmindful of the rising cost of food and how it affects the citizens.”
He further stated,
“The rise in food inflation on a year-on-year basis was caused by increases in prices of oil and fat, yam and other tubers, bread and cereals, fish, potatoes, fruits, meat, vegetable, and spirit,
In the immediate term, we intend to deploy some savings from the fuel subsidy removal into the Agricultural sector, focusing on revamping the agricultural sector,”
What You Should Know
Nigeria’s annual inflation rate rose to 22.41 per cent in May from 22.22 per cent in the previous month, according to the National Bureau of Statistics (NBS).
The food inflation rate also quickened to 24.82 per cent in May from 24.61 per cent in April.
This rising cost in food prices has been attributed to the shock effect of subsidy removal as well as the mounting cost of production due to inflation, insecurity and lack of access to grain.
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I am a journalist and a political and socioeconomic analyst currently employed at Nairametrics. I pride myself on being a skilled wordsmith with a passion for delving into contemporary political issues on both a national and international scale. Additionally, I contribute research-based columns and op-eds to national publications.
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Supply Chain: The New Frontier for Sustainability Risk
An estimated 3,200 companies will feel the effects of The California Transparency in Supply Chains Act of 2010 which entered into force on January 1, 2012. The law requires retailers and manufacturers with annual worldwide gross receipts that exceed USD $100 million and doing business in the state of California to provide information regarding their efforts to eliminate slavery and human trafficking from their supply chains. Furthermore, the U.S. Securities and Exchange Commission is expected to adopt the final rules of Section 1502 of the Dodd-Frank Financial Reform Act covering the requirements for managing conflict minerals in the supply chain.
For a significant number of companies in the U.S., there will be challenges in adapting to these two recent pieces of legislation addressing supply chain operations.
Picture the likes of Nike, Levi’s, HP and Disney with their established supplier management programs, their risk mapping, their audit programs and the resulting increased levels of transparency that are the inevitable outcome. For companies such as these, overlaying the supply chain risks emerging from these recent regulatory requirements (of higher immediate consequence and probability) on existing supply chain risk analysis will pose considerable challenges and dilemmas.
It is increasingly clear that the roles of sustainability and supply chain officer are co-dependent. In some cases, the sustainability officer may own the risk whereas the supply chain officer will address the control of the risk. This, in itself, raises a barrier to implementation.
In implementation, aside from the risk ownership and control, addressing sustainability risks throughout the supply chain already poses interesting dilemmas. These risks can be at odds with traditional procurement risks of cost, availability, lead times, quality and aspects of business continuity. Is management adequately equipped with the resources to balance these risks in an increasingly constrained supply base?
If we highlight the electronics industry as an example, with its deep-dive into the supply chain beyond Tier 1 to control a myriad of risks, no less the risk to innovation, the term co-dependency is never truer. Circumstances have already manifested where the provision of certain vital components are constrained to less than a handful of possible suppliers; none of whom have emerged unscathed by risk on the supply chain dashboard. The efforts and direct costs of controlling these risks are often omitted from compliance cost estimations and the cost of alternative sourcing is hardly ever factored in.
Our fear is that the lack of a clear supply chain risk profile will lead to trade-offs. Certainly, this will be the case should the sustainability officer and the supply chain officer work in risk silos. However, we also see a clear opportunity, if done well, for these two functions to ensure that their organization’s supplier risk profile is complete, credible and accountable to itself, not least to the wider stakeholder community.
We also see that this will bring additional opportunities for early warning, where effective tools will allow a proactive approach to controlling the risks. Early and staged intervention may be required at some established suppliers, and engagement and enablement may be more appropriate in other instances where suppliers may have to be qualified.
But all this, as said, is applicable to the larger companies with established supply chain management programs addressing sustainability risks through voluntary social responsibility and environmental efforts. For the vast majority of the 3,200 companies affected by the California law, as well as those companies (and their suppliers) affected by the conflict minerals legislation on a national level, these new laws are likely to be a rude awakening.
Initially, to the majority of affected companies these laws may be considered purely compliance issues, but it is expected that such increased transparency is likely to be thin end of the wedge, exposing not only the companies themselves, but also their suppliers to greater scrutiny and oversight. Will these companies be far-sighted enough to prepare for this? We hope so.


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SCOTTSDALE, USA: The Cellular Machine-to-Machine (M2M) communication market has been a challenging place for cellular embedded module vendors over the past 18 months.
Year 2007 was this market’s last “good year”: 2008 saw both shipment volumes and revenue decrease. However unit shipment volume growth and the growing importance of 3G are already resulting in stronger performance and a new ABI Research study estimates that the market will be worth $3.8 billion in 2015.
According to ABI Research practice director Sam Lucero: “In 2009, the cellular M2M module market grew somewhat in terms of unit shipment volume, although rapidly declining module prices meant that 2009 revenue was still below that of 2007. Despite its difficulties, however, this market is on an upward path.”
These falling ASPs are the result of the increasing commoditization of an already crowded market, which is being squeezed further by the entrance of new vendors, particularly from the Asia-Pacific region. This means that even with continuing modest growth in shipments, 2010 revenue levels will remain lower than those of 2007.
The market is also showing some significant M&A activity. Last year, for example, Sierra Wireless acquired Wavecom; and more recently, Gemalto acquired Cinterion, a move which, Lucero says, “is likely to lead to positive results for the company, provided that Gemalto focuses on differentiating the Cinterion market offer with an end-to-end platform.”


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It’s beginning to look a lot like Christmas, everywhere we go. But for thousands of homeless young people across the UK, Christmas won’t be any different – anywhere they go.
We’re predicting the highest levels of youth homelessness this Christmas since 2016, with over 29,000 18-34 year olds facing homelessness this year. We supported almost 1000 young people into our services this year; so many of them spend too many Christmases sofa surfing or rough sleeping before they finally reach a Centrepoint service.
Will you add one more name to your Christmas card list by sending a message to the young people in our services?


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08 July 2018
The Organisation for Economic Cooperation and Development (OECD) announced on 28th June 2018, the launch of a new database providing detailed and comparable tax revenue information for 80 countries around the world.
The database integrates information from the four annual Revenue Statistics publications, which provide tailored insights on tax systems and revenue priorities in African, Asian, Latin American and Caribbean (LAC), and OECD countries.
Key findings from the detailed comparable tax revenue data across 80 countries from 1990 onwards include:
The results highlight that the countries with the lowest tax to GDP ratios in 2000, mostly from African, Latin American and Caribbean territories, rely more on taxes on goods and services. OECD countries rely more on social security contributions and personal income taxes. Nevertheless, since 2000 there is an increasing trend in VAT, which is notably increasingly significant in more than three-quarters of the countries, in many cases, with corresponding falls in the share of income taxation or taxes on other goods and services. The exceptions are the quarter of countries with the highest increases in their tax to GDP ratios, which recorded strong increases in most or all major tax types.
Tax revenues are now higher as a percentage of GDP and their levels are more evenly distributed across countries than they were at the turn of the century. To access the database, click here.


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Oct. 17, 2019 By Allie Griffin
Two popular international restaurants are coming to Flushing next year.
Ju Qi, a restaurant specializing in authentic Beijing cuisine, and Meet Fresh, a Taiwan-based dessert bar, will each open locations at Tangram, a mega development that is going up at 133-36 37th Ave.
Ju Qi has signed a 10-year lease for a 6,400-square-foot-space and Meet Fresh has signed a 10-year lease for a 2,000-square-foot space, both at the Tangram, the 1.2 million-square-foot development in Flushing that includes retail stores, a hotel, offices and condos.
Ju Qi’s Queens restaurant will be its first in the U.S., while Meet Fresh’s Queens spot will be its second New York City outpost. The restaurants will join Xiao Long Kan Hot Pot, an international hotpot chain that is also set to open in the Tangram next year.
Ju Qi has 20 locations across China and celebrates old Beijing-style cuisine. Its Flushing location will showcase the chain’s signature dishes such as a mashed potato dish shaped like the Beijing cultural symbol Lord Rabbit–as well as its famous Peking duck and Sanbuzhan, a hot egg pudding favored by the fourth emperor of the Qing dynasty.
“Ju Qi is writing the new chapter of Beijing’s rich culinary history and we are thrilled to continue that story with a new restaurant in Flushing,” said Rex Yang, General Manager of Ju Qi. “As our U.S. flagship, Ju Qi at Tangram brings a superior dining experience that will attract foodies from all over New York City and make them feel like they are in Beijing.”
Meet Fresh, meanwhile, will open its second New York location after its successful opening in Manhattan’s East Village. The dessert brand originally from Taiwan now has over 1,000 stores across Asia, New Zealand and Australia.
It’s known for its Instagrammable treats like taro balls, herbal grass jelly, mochi, mango shaved ice, boba tofu pudding, green tea with whipped cream and hot almond soup.
“Our first location in Manhattan’s East Village was a huge success, and it made perfect sense for us to expand into Flushing,” said Vicky Chen, Owner of Meet Fresh stores in New York. “Tangram is becoming the new social hub in Flushing, and we are excited to be a part of that.”
The Tangram development is scheduled to fully open in 2020 and will consist of two residential towers, retail space, office space, a 24,000-square-foot food hall and a sky lit atrium.
The development will also house a four-star Renaissance New York Flushing Hotel, a state-of-the-art 4DX movie theater from Regal Cinemas, and the neighborhood’s first beer garden upon completion.
Helen Lee, Executive Vice President of F&T Group, which is developing Tangram with SCG America, said she was excited to see Ju Qi and Meet Fresh sign leases at the Tangram.
“Flushing is the go-to destination for international culinary brands looking to make their mark in the U.S. and we are proud that they are flocking to Tangram to be a part of the exciting new culinary and lifestyle destination we are creating,” Lee said.


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Kanye Fans Sit It Out Outside Nottingham Store For New Trainers
10 February 2017, 18:48 | Updated: 10 February 2017, 18:50
Trainer fans have braved up to three nights - and flurries of snow - to be among the first to get their hands on limited edition Kanye West shoes from a store in Nottingham.
The pairs of Adidas Yeezy Boost 350 V2, costing £150, are due to be released at 9am on Saturday from the 18montrose store in Nottingham.
Shoppers first arrived on Tuesday, with tents, chairs and sleeping bags lining up along Bridlesmith Gate in the city ahead of the launch.
Among those in the queue was Ben Rutter who had travelled from Manchester with friends to get his place in line.
The 17-year-old said: "We've been out here for a day or something now. It's been all right - I've got a high body temperature.
"(When I get the shoes), it'll be nice.''
Other so-called "sneaker heads'' have said the trainers could fetch up to three times their original value if auctioned online.
The black and red footwear is being sold on a first-come, first-served basis.
Describing it as "The first adidas x Kanye West drop of 2017'', the store has also set up an online raffle system to ensure fairness amid the high demand.
Such a frenzy surrounding West's merchandise is not uncommon.
Throughout 2016 people queued outside stores across the country as several batches of the limited edition shoes went on sale.


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Is “capitalism” and “business” the same thing? Most people would probably answer yes, but that’s a mistake.
In a video from LearnLiberty.org, a project of Institute for Humane Studies, Professor Steve Horwitz explains the difference: “He refutes the often recited claim that ‘What is good for General Motors is good for America’ by explaining that pro-business legislation encourages behavior that is not beneficial to society or the business itself. He suggests that, in a free market, factors such as profit and competition encourage behavior that ultimately benefits society. Professor Horwitz illustrates that pro-business legislation restricts progress and therefore caters to the interests of industry rather than to consumers, whereas ‘supporters of free markets are ultimately pro-human and pro-people because it is through markets that we get the most innovation and we get the most goods and the cheapest prices.’”
Still, you may be asking: Isn’t business and free-market capitalism the same thing? Here’s what Milton Friedman had to say: “There’s a widespread belief and common conception that somehow or other business and economics are the same, that those people who are in favor of a free market are also in favor of everything that big business does. And those of us who have defended a free market have, over a long period of time, become accustomed to being called apologists for big business. But nothing could be farther from the truth. There’s a real distinction between being in favor of free markets and being in favor of whatever business does.” (emphasis added.)
Friedman also knew very well of the discipline of free markets and how business will try to avoid it: “The great virtue of free enterprise is that it forces existing businesses to meet the test of the market continuously, to produce products that meet consumer demands at lowest cost, or else be driven from the market. It is a profit-and-loss system. Naturally, existing businesses generally prefer to keep out competitors in other ways. That is why the business community, despite its rhetoric, has so often been a major enemy of truly free enterprise.”
We see this confusion daily in Wichita and Kansas. Many members of the Wichita City Council — Democrats and Republicans — hold pro-business views. But the cronyism — the continual creation of subsidies, preferential treatment, no-bid contracts, and general intervention into the economy — destroys capitalism.
What about the local chamber of commerce? Isn’t it a bastion of capitalism? Here’s Stephen Moore: “In as many as half the states, state taxpayer organizations, free market think tanks and small business leaders now complain bitterly that, on a wide range of issues, chambers of commerce deploy their financial resources and lobbying clout to expand the taxing, spending and regulatory authorities of government. This behavior, they note, erodes the very pro-growth climate necessary for businesses — at least those not connected at the hip with government — to prosper.” (Local chambers of commerce: tax machines in disguise.)
This accurately describes the Wichita Metro Chamber of Commerce. Earlier this year it decided that eight government subsidy programs supporting the Ambassador Hotel were not enough: The Chamber said there must be a ninth.
Fortunately, the Kansas Chamber of Commerce does a much better job supporting capitalism and free market principles.
At the state government level we also have to be watchful, even though we have a conservative governor and legislature (sort of). Earlier this year Kansas Governor Sam Brownback supported extending the STAR bonds program, thereby giving life support to cronyism for another five years. Kansas STAR bonds vote a test for capitalism. A majority of legislators supported him. Other anti-capitalist programs have been started or expanded at his initiative.


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There are many, many tech startups tackling the problem of diabetes. You only have to look at the TechCrunch tag to find some of the latest, and even the Apple Watch is getting in on the act. But literally ‘reversing’ Type 2 diabetes remains a tough nut to crack.
Welcome, friends, to the consumer electronics dead zone. It’s that increasingly brief window between the last of the pre-holiday releases and the CES deluge. It’s rarely home to genuinely exciting announcements, but when you’re a company like Samsung,
Months after a big round, African fintech startup Jumo has pulled in a fresh $12.5 million to add more fuel for its expansion into Asia Pacific. The new investment comes from London-based investment fund Odey Asset Management,
Work-Bench, an early stage enterprise startup venture capital firm based in New York City announced its $47 million Fund II today. It follows their initial $10 million fund. Work-Bench is itself like a venture capital investment startup.
Minted, known for its selection of printed goods, says it's profitable on an EBITDA basis.
San Francisco banned delivery robots because they obstructed pedestrians, so Postmates built one with eyes, turn signals, and a mandate to yield. Serve is Postmates’ new cooler-meet-autonomous-stroller that it hopes can cut costs and speed up deliveries.
Prisma Labs, the startup behind the style transfer craze of a couple of years ago, has a new AI-powered iOS app for retouching selfies. An Android version of the app — which is called Lensa — is slated as coming in January. It bills Lensa as a “one-button Photoshop”,
Stride Health, the consumer healthcare consulting and optimization service, has inked a new partnership with the U.S. government’s healthcare departments to provide “enhanced direct enrollment” to verify tax credit eligibility and process enrollments on its platform.
VCs around the world are trying to wrap their head around crypto, and the new investment paradigm it brings. Some have made one-off deals but a few have jumped in off the deep end with dedicated crypto funds, with A16z in the U.S. the most prominent example.
Elvie, a femtech hardware startup whose first product is a sleek smart pelvic floor exerciser,
Educators already don’t get paid enough, and those that work in preschools or daycares often make 48% less. Meanwhile, parents struggle to find great early education programs where kids get receive enough attention and there’s space,
Dave McGregor是一位皮划艇爱好者。在一次划艇之前，他把自己的iPhone 4固定在皮划艇上，借此记录下自己的划艇过程。然而不幸的是，由于那天的风浪有点高，导致McGregor的手机落入海中。
Cloud-based desktop service Workspaces is now available to European users, but will Amazon's cheaper-than-the-rest package actually help businesses?Read more: http://www.itproportal.com/2014/05/06/amazon-workspaces-coming-soon-to-european-ipads-and-chromebooks/
A world famous NASCAR driver testifies in a court case that his former girlfriend is a trained assassin dispatched around the world on mysterious covert missions to kill drug lords using her very particular set of skills. The NASCAR star's claims are met with disbelief,
It's a sad day for cyber securityJimmy Kimmel, the ultimate troll of the universe, put his team hard at work on Hollywood Boulevard to trick people into revealing their passwords. Okay,
LONDON — A U.S. judge has ordered that claims by a woman who said she was forced to have sex with Britain's Prince Andrew when she was 17 years old be removed from the court's record.See also: Palace denies allegations about Prince Andrew in U.S. underage sex lawsuitThe Duke of York,
4 月 7 日，台湾智能手机厂商 HTC 公布了 2015 年第一季度盈余预期。盈余预期中显示，HTC 第一季度未经审计的净利润为 1.16 亿美元，盈利为 13 亿美元。与 2014 年第四季度相比，这些数字都略有下降。但与 2014 ... ...
上海2015年6月5日电 /美通社/ -- 苏格兰百富单一纯麦威士忌首席酿酒大师大卫·斯图尔特（David Stewart）在上海玻璃博物馆，向中国单一纯麦威士忌爱好者推介、品鉴了“不可复制”的苏格兰百富单桶陈酿套组，并讲述了苏格兰百富背后的极致手工故事。


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USDA Forecasts Lower Wholesale Prices For Core Proteins
Speaking of food price trends, the U.S. Department of Agriculture released its annual forecast of wholesale food price trends last month. USDA says overall wholesale food prices fell 4% in 2016, driven by a precipitous decline in prices for beef products and eggs, and significant drops in prices for pork (read bacon!), other dairy-based products and poultry.
Wholesale beef prices fell 19% last year and egg prices fell a whopping 54% as the avian bird flu problem of 2015 worked its way out of the system. Pork was off another 9%, after a 34% drop in 2015 as pork producers overcame a virus that killed piglets by the millions. And prices for broiler chickens fell 7% last year.
The drop in prices for key proteins was a boon to foodservice operator margins, especially given strong increases in their other major cost center, labor. As the National Restaurant Association pointed out, it was the second year of declines, after five consecutive years of wholesale food-price increases.
USDA expects the trend to continue, though the USDA’s price projections are more a mixed bag. Beef and pork prices are expected to fall another 4% to 10% for beef and 3% to 9% for pork (read bacon!). Prices for turkey, which rose 1% last year, are forecast to fall 6% to 11%. Broiler chicken prices are predicted to be flat in the -3% to +3% range.
But egg and dairy prices are forecast to rise this year. Eggs, given the big drop last year, are forecast for a 9% to 14% gain in 2017. Milk prices are forecast to rise in the same range. Cheddar cheese prices are predicted to gain 3% to 8%. Only butter, among the major dairy commodities is forecast flat, with a price range of -2% to +3%.