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- Walmart has put a halt to its expansion plans in India and has sacked over 100 senior-level employees, according to an ET report.
- The retailer is shedding brick-and-mortar weight as it reportedly doesn't see a future in increasing the number of physical stores in the country and may move operations online with Flipkart.
- The development comes amid the backdrop of Reliance JioMart's debut in the e-commerce space.
- The company's wholesale business has been suffering, accumulating losses of ₹2,181 crore ($3.08 billion) as of March 2019.
- Visit Business Insider's homepage for more stories.
Retail giant Walmart has put a halt to its expansion plans in India, sacking over 100 senior-level employees, according to an Economic Times report — which works out to roughly a third of its senior-talent pool.
"It's happening because focus is shifting to e-commerce rather than physical (stores)," a Walmart spokesperson told the Economic Times in a statement.
The retailer reportedly sees little benefit in adding physical stores in the country and may put more weight behind Flipkart, which it bought for $16 billion in 2018.
The report comes amid rival Reliance JioMart making its debut in the e-commerce space.
The American multinational reportedly laid off executives including vice presidents across sectors including agribusiness, FMCG, and real estate at its Gurgaon headquarters — and more exits are expected in three months' time.
According to an HW News report, president and CEO of Walmart India Krish Iyer said that the company, which first entered India in 2007, has been investing heavily in technology in countries as well as building more stores.
The news comes shortly after Walmart and Flipkart announced a joint strategic investment in Ninjacart, a startup with made-for-India business-to-business (B2B) supply chain infrastructure and technology solutions.
The company is also said to be reviewing its corporate structure. "Impacted associates have been offered enhanced severance benefits and outplacement services to support their transition," Walmart told the Economic Times.
It also plans to shut a fulfillment center in Mumbai as the company's wholesale business is suffering losses.
Walmart India's Best Price stores had accumulated losses of $3.08 billion until March 2019.
Walmart's exit from physical stores coincides with Flipkart's expansion to the food retail segment in India.
Flipkart FarmerMart is aimed to sell local products online, directly to consumers.
Yet another online-physical partnership, Amazon and Future Retail are also bunching their strategies together as they prepare for an onslaught from India's richest man, Mukesh Ambani, and his ostentatious plans to merge his digital capabilities with Jio to his retail venture, JioMart.
Walmart entered the wholesale business in India in 2007 with the Bharti Group.
It currently runs 28 'Best Price' Modern Wholesale Stores — selling to small shopkeepers — across the country.
The retail major has over 5,000 employees in India including 600 based at its head office, according to Business Standard.


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Posted on 16 January, 2013 by Keron Calame | No Comments
Mouse Computer out of japan has announced another gaming desktop which is most likely not to hit us stateside, the new gaming computer comes from the company’s G-Tune series and goes by the model name NEXTGEAR i620BA7.
We would consider it to be a budget-friendly gaming rig, it comes equipped with 3.40GHz Intel Core i7-3770 processor, an Intel Z77 Express Chipset and a GeForce GTX 650 1GB graphics card so you should get a decent game play out of it.
It also comes with 500GB of hard drive storage, up to 16GB of DDR3 RAM, plus other amenities such as a DVD Super Multi Drive, a multi-card reader and a 500W power supply. The new NEXTGEAR i620BA7 Gaming PC will run the new Windows 8 64-bit operating system and sold for the price of 79,800 Yen in Japan, about $891 when converted.

domain: news


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Monitoring the driver's state is critical to facilitate road safety. Stockholm-headquartered Tobii has launched a software for driver monitoring system (DMS) leveraging its eye-tracking technology. The company plans to scale the solution in Asia's public transportation and the car sector, enhancing the safety of bus systems.
With over 20 years of experience in eye-tracking technology, Tobii's solutions have been applied to scientific research, extended reality, gaming, PC, education, automotive, and many other fields. Its DMS, one of the company's latest products, received the first design win from the world's largest automotive tier-1 supplier in April 2023. A Europe-based commercial vehicle manufacturer will adopt the system in its heavy vehicles.
A system that monitors and saves lives
Tobii said the DMS can detect driver drowsiness and distraction by gathering various biological signals, including the driver's gaze and the direction their head faces. If the system finds that the driver has not looked at the roads for some time, it will activate an alarm to remind them. When the driver faces the front but gets distracted by videos or other things, the system will also send out a notice, the company said.
According to Tobii, the algorithms enabling the DMS analyze data gathered by a camera and detect if the driver is tired or unresponsive. This feature could be important for public bus systems and companies as bus drivers usually have to drive for long hours. Tobii said if a driver falls asleep or gets a stroke, the DMS could alert them or help contact first responders.
Tipu Sultan (known as Tipu in the industry), Asia Pacific general manager and vice president of sales and marketing at Tobii, said the European Union has mandated that all new cars sold in the region be equipped with a camera-based DMS by 2026. China has also prioritized the safety feature. Moreover, Tobii has seen the technology's potential in Japan and South Korea.
According to Tipu, many automotive players have planned or are supporting DMS. He said Tobii does not require customers to use specific cameras because its eye-tracking technology can work on most cameras. The company trains the camera with algorithms to ensure the DMS functions under a wide range of lighting conditions, regardless of hats, glasses, and ethnicity.
The system can also facilitate car accident investigation. Tipu said DMS software can show whether the driver was paying attention to the roads or looking at the right place when the accident happened. Sultan added that the data can be retrieved immediately and reduce the time needed for investigation.
Tobii's software enables the DMS to detect a driver's gaze and other signals. Credit: DIGITIMES Asia
Working with partners to reduce development costs
Tobii's eye-tracking technology is also widely used in XR headsets. The company's machine-learning algorithms interpret a headset's camera feed to generate a real-time stream of data points such as pupil size, gaze vector, and eye openness. The company said the information can be used, for example, to determine how well a person can follow a stimulus, how they react to a scene, and their intent. Recently, Tobii's solution has enabled Pimax Crystal, PlayStation VR2, and other headsets.
However, companies like Apple and Meta have launched their headsets and have been developing their eye-tracking technology. How will Tobii try to build a partnership with these big players?
Tipu said Tobii has the right contacts with Apple and Meta. He also said Tobii would show the value it can bring and how it achieves better user experience when engaging with companies. He added that these companies understand they might not be able to develop all aspects of advanced eye-tracking technology themselves in a short period of time.
Tobii has been talking to every business intending to build VR or AR devices, Tipu said. While not every company will become a customer, the conversations can ensure that they know Tobii is the standard in eye-tracking.
Applications of VR and AR have gained more traction recently, Tipu said. For example, the technologies have been used for maintenance training. Workers who wear headsets can familiarize themselves with the maintenance process before working on real parts.
However, VR and AR headsets are still viewed as premium devices. Bringing down the costs is critical to grow adoption. Tipu said Tobii has worked with partners like Qualcomm, OmniVision, and contract manufacturers (ODM) to drive down the costs for sensors, cameras, and the whole development process.
Tipu said Tobii has collaborated with Qualcomm and other ecosystem partners to build a reference design for XR headsets, allowing customers to develop their devices based on it. It is a more cost-effective and faster approach for OEMs to come up with their own XR devices.
Tobii helps OEM partners review the hardware design in addition to offering software solutions, according to Tipu. He said the company engages at the beginning of the product development lifecycle to ensure that all potential issues are addressed before OEMs finalize their hardware design.


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Two Swiss chemical giants, Clariant Ag and Ciba Specialty Chemicals AG, said Monday they are teaming up to form the world's biggest specialty-chemical business in a deal worth $6.2 billion.
The two companies also made it clear they're interested in a possible future listing on Wall Street, as they're adopting Generally Accepted Accounting Principals (GAAP) - a pre-requisite for a U.S. listing. In the merger announcement, Clariant and Ciba said this will "enable a possible future listing in the U.S."
The Swiss companies said the merger will be earnings-enhancing from 2000, and that annual savings will total more than 600 million Swiss francs by the year 2001 and involve the loss of 3,000 jobs - or 5 percent of the combined workforce - worldwide. The company will be listed under the name Clariant and use Ciba's butterfly symbol.
Together, the two will have combined sales of $13.29 billion in more than 120 countries.
Rolf W. Schweizer, chairman and president of Clariant, said in a statement: "This merger is the unique opportunity to form a Swiss-based global leader in specialty chemicals which will enjoy sustainable, above-average growth, with superior profitability."
The merger agreement, scheduled for completion in December, still needs shareholder and regulatory approval. Clariant shareholders will receive 5.35 registered shares of the new company in exchange for each share of Clairiant, while Ciba shareholders will get 1 registered share of the new company in exchange for each Ciba Specialty chemicals share. The group will have registered shares with nominal share value of 10 Swiss francs each.
Written By Suzanne Miller


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Freight railroads key to NJ’s transportation future | Opinion
New Jersey’s key location and vast transportation assets—including seaports, airports and highways—make it indispensable for the movement of goods and a key driver of regional economic growth. It also means that heavy traffic and road conditions are a constant battle. In the aftermath of necessary increases in the state’s gas tax since 2016, efforts to improve the quality of our roads and bridges should continue to accelerate.
Fortunately for us, roads aren’t the only corridors that move people and goods in our state. New Jersey’s freight rail network, including major railroads like CSX and Norfolk Southern as well as 16 short line and regional railroads, is particularly well-suited to meet tomorrow’s transportation demands.
That’s the positive story I shared with Rep. Tom Malinowski of New Jersey’s 7th District earlier this month alongside fellow NJ rail advocates during a district meeting with the congressman. Where our roads have not kept pace, freight railroads are leading — whether its infrastructure investment, efficiency and cost, safety or sustainability.
Trucks are a necessary and vital component of our logistics system but not always the most efficient way to move large volumes of freight over long distances. Just a single train, for instance, can take hundreds of trucks off our roads and cut down on greenhouse gas emissions by 75% over trucks. And that train may serve dozens or more local businesses, sending New Jersey goods to destinations across the country, and in some cases, across the world.
One of New Jersey’s rail-served businesses is Kuiken Brothers, a residential and commercial building materials supply company with eight locations across New Jersey – four of which have rail access. Its recent expansion to Newark includes over a quarter mile of rail siding to the waterfront, allowing them to receive direct shipments from manufacturing facilities across North America via the nationwide freight rail network.
Though trains move one-third of both U.S. exports and intercity freight, freight railroads aren’t well understood. The biggest misconception is around how they’re run: freight railroads are private businesses that pay their own way with little help from taxpayers. The $25 billion they pour into the U.S. rail network annually has made it the best in the world in terms of productivity, cost and safety.
This success story is especially important now, as the U.S. Surface Transportation Board (STB), which is charged with the economic regulation of railroads, is facing pressure to reimpose failed regulations on railroads, including rate caps and draconian service mandates that would undermine railroads’ ability to invest what it takes to keep infrastructure healthy.
Government officials need to understand that a return to over-regulation would undercut not just the railroads, but also companies like Kuiken Brothers that provide supplies that are literally building communities and helping grow New Jersey’s economy.
Rail’s competitive environment is as tight as ever, especially as a softening economy and trade tensions have weakened all freight traffic. And the future of transportation, from automation to just-in-time delivery, is quickly changing the landscape across modes. STB regulators, as well as our federal policymakers, should recognize that a return to overregulation would undercut rail’s ability to adapt and meet the demands of tomorrow’s economy.
In all, freight trains take about 2.8 million trucks off New Jersey roads annually—a single statistic that encapsulates many of rail’s benefits: decreased congestion, less pollution, and reduced wear and tear on public roads. Instead of seeking new economic regulations to restrict railroads, our policymakers should continue to support the health and efficiency of the rails our economy rides on.
Chip Hallock is the President and CEO of the Newark Regional Business Partnership.


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China's ports and warehouses are refusing to handle dangerous goods cargoes in the wake of the Tianjin port explosion, driving up costs and threatening the supply chains, logistics operators, and manufacturers that deal in those products.
News, analysis and in-depth coverage of Asian ports in China, Malaysia, Singapore, India, Vietnam, and other Asian nations.
News & Analysis
09 Aug 2018
Transshipment traffic is the cargo that is transported between an Indian port and an international “hub” port, when direct mainline connections are not available.
08 Aug 2018
Direct port delivery — in which importers can clear their cargo direct from the wharf within 48 hours of landing at the port — is an integral part of the Indian government’s efforts to decrease cargo dwell times and increase productivity.
08 Aug 2018
To date, five feeder vessels have left the port, failing to receive 1,168 TEU of export containers, as those containers did not reach the port yard in time.
07 Aug 2018
After cabotage relaxation was implemented May 21, foreign-flag carriers became free to transport laden export-import containers for transshipment and empty containers for re-positioning between Indian ports.
06 Aug 2018
Businesses applauded the decision, terming it a “superb step” that will help the port achieve its goal of maximum use, around the clock.
03 Aug 2018
Jawaharlal Nehru Port Trust handles the majority of India’s container freight and, as such, the government is extremely keen on reducing cargo dwell times there.
01 Aug 2018
APM Terminals is in the midst of a whirlwind trade outreach program, with the goal of attracting more customers to its recent ease-of-doing-business measures.
30 Jul 2018
Officials told trucker union representatives that the government remains sensitive to truckers’ demands and they will establish an expert committee to examine all core issues.
27 Jul 2018
As in Brazil, a segment of India’s truck sector is protesting a rise in diesel prices, and the truckers argue India’s government can take steps to strengthen their business model.
25 Jul 2018
Protesters — seeking a special, community-based reservation program for jobs and education — blockaded all main highways and port connecting arteries.
24 Jul 2018
Local trade sources said that labor groups are pressing for a reversal of an action by APM Terminals.
19 Jul 2018
While higher pay should improve labor relations, a host of other worker concerns remain unresolved.
18 Jul 2018
Major ports’ productivity statistics collected from official sources show vessel turnaround times have dramatically improved in recent years.
16 Jul 2018
A rule requiring electronic locking of containers and re-imposition of weight limits for trucks is riling Chittagong shippers.
16 Jul 2018
Authorities at Jawaharlal Nehru Port Trust believe less free time for rail shipments would improve port operations, but shipping agents are dubious.
13 Jul 2018
In a trade advisory, the port trust announced substantial tariff reductions for domestic and foreign ocean carriers handling export-import containers for transshipment.
12 Jul 2018
Krishnapatnam Port officials have a specific objective in mind as they deploy the expansion and productivity improvement plan.
11 Jul 2018
The government has set a firm Sept. 30 deadline for all ports and terminals to join the radio frequency identification (RFID) program; a decree allows stakeholders to apply a mandatory RFID user charge of about $2 per container.
10 Jul 2018
The service, if added, would complement existing feeder services by other ocean carriers. A CMA CGM official said the company has held talks about the possible service.
06 Jul 2018
Port statistics show Bharat Mumbai Container Terminals processed 17 ship calls in June, compared with 10 calls a month since March, after the new terminal settled into a steady/seamless operation.
28 Jun 2018
Authorities have asked stakeholders to examine a proposed fast-track/streamlined last-mile/last touch logistics plan for inland container depots — dubbed “direct inland delivery” — which they believe will prove to be another major boon for hinterland shippers.
27 Jun 2018
Thailand on July 2 will become the second country in less than a month to ban the importation of certain waste goods, as Malaysia considers similar measures, according to a published report.
27 Jun 2018
The world’s largest container carrier this week handled a factory-stuffed, export consignment of refrigerated and dry cargo via India’s eastern port of Haldia to various destinations.
26 Jun 2018
The government of India is pushing major, public ports on the east coast to take advantage of expected demand growth in a more favorable market environment.
25 Jun 2018
Every year, during the April to October period, Chittagong Port experiences severe congestion, which causes a vessel backup at the outer anchorage lasting from several days to more than a week.
18 Jun 2018
Krishnapatnam Port — a fast-growing, privately operated east coast gateway — has set up Rapiscan X-ray machines and radiation portal monitors for cargo inspection — touted as the first-of-its-kind customs’ initiative at Indian ports.
15 Jun 2018
China Merchants’ purchase of a stake in the Port of Newcastle, Australia’s largest east coast port, would be its first in Oceania. However, the dealoccurs at a time of increased political and trade tension between the strong-performing Asian economies.
14 Jun 2018
The government, at a recent stakeholder review meeting regarding trade reforms, set a Sept. 30 deadline for nationwide radio-frequency identification operations.
14 Jun 2018
An average of 24 container ships have been waiting daily at the port’s outer anchorage, officials said.
13 Jun 2018
Bharat Mumbai Container Terminals substantially increased its crane rates and rail volume last month — and the latter improvement is particularly noteworthy, after previous mixed train handling issues with its peers at the port.
11 Jun 2018
The improvement reportedly came after terminal and port authorities jointly worked on alternative traffic measures to clear up truck line buildups, following intense pressure from the truckers’ association and various trade groups.
11 Jun 2018
Officials have taken steps to reduce container levels at the port, however with almost all trade and business operations closed for the week, cargo buildup and handling delays will occur.
08 Jun 2018
Inland container depots (ICDs) are responsible for stuffing and unstuffing export and import containers on their premises. If Bangladesh does not add more ICDs, cargo delays and missed shipments are likely to increase at/near Chittagong Port.
08 Jun 2018
DP World said the longer truck turn times are infrastructure upgrade-based, but truckers argue they are a reoccurring problem.
07 Jun 2018
What's more, the tech and infrastructure improvements have proved to be a major catalyst in facilitating swift and cost-effective trade solutions for hinterland shippers, DP World said.
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Among the companies scheduled to report their quarterly results Wednesday: AOL Time Warner
is expected to show earnings of 10 cents a share, according to a consensus of analysts polled by Thomson First Call. See full story.
Electronic Data Systems
is expected to report a profit of 34 cents a share.
is expected to show a loss of 8 cents a share.
is expected to report earnings of 30 cents a share.
Schering-Plough is expected to show earnings of 12 cents a share.
said late Tuesday that it lost $43 million in the second quarter, or 11 cents a share, narrower than the loss of $93.6 million it posted a year earlier. Excluding certain items, Amazon.com earned $42 million, or 10 cents per share, to top analysts' forecasts of 6 cents per share. Shares of Amazon.com rose 5 percent to $36.60 in after-hours trading action. See full story.
No. 1 biotechnology firm Amgen
said Tuesday that second-quarter profit jumped to $607 million, or 45 cents per share, compared with $412 million, or 38 cents per share, in the year-ago quarter. Excluding one-time charges, the company said profit was $653 million, or 49 cents per share. Analysts, on average, had expected earnings of 46 cents per share, according to Reuters Research. Amgen also upped its full-year profit target to between $1.85 and $1.95 per share from $1.80 to $1.90 per share. See full story.
said late Tuesday that it earned $4.9 million in the second quarter, or 9 cents per share. This compares to a loss of $4.9 million a year earlier. Excluding certain items, the search company earned $5.2 million, or 10 cents a share, topping the consensus estimate of 7 cents a share. Ask Jeeves exceeded Wall Street's revenue expectations as sales rose to $25.6 million from $17.6 million last year. The search company said that it expects to earn 33 cents per share for the full year, when certain items are excluded, up from a prior goal of 26 cents per share. Ask Jeeves also said it expects to post sales of $102 million, up from a previous goal of $94 million. Ask Jeeves jumped 8 percent to $16 in after-hours trading action. See full story.
moved Tuesday to reorganize its space and rocket launch business after announcing last week that it has all but given up on commercial launches for the next few years. Within the company's larger defense group, Boeing satellite systems will become part of the space and intelligence systems unit. The company's expendable launch program will be subordinated to the Air Force systems group. Boeing said the changes will have a "minimal impact" on employment. Ahead of Wednesday's quarterly report, shares ended the session up 22 cents to $32.57. See full story.
Medical device maker Boston Scientific
said Tuesday its second-quarter profit surged to $114 million, or 27 cents per share, compared with $25 million, or 6 cents per share, in the 2002 second quarter. Excluding one-time charges, Boston Scientific earned $126 million, or 30 cents per share, which was in line with the average estimate of analysts polled by Reuters Research. See full story.
on Tuesday posted a sharply higher second-quarter loss, though the maker of chips for communications gear boosted profits after onetime costs are stripped out. In the latest quarter, the company said profit from operations totaled $29.6 million, or 10 cents a share - a penny ahead of Wall Street estimates. That was up from $17 million, or 6 cents a share, a year earlier. The net loss was $831.7 million, or $2.87, including onetime charges. Revenue for the communications chipmaker jumped 46 percent to $377.9 million from $258.2 million a year ago, and it was up 15 percent from the prior quarter. See full story.
CNet Networks Inc's
second-quarter loss narrowed from a year ago on higher advertising revenue. The San Francisco-based media and technology company said its loss was $11.6 million, or 8 cents a share, compared to a loss of $25.8 million, or 19 cents, in the year-earlier period. Analysts polled by Thomson First Call were expecting a loss of 9 cents in the latest period. Revenue rose to $58.4 million from $57.2 million, at the higher end of the company's forecast of $56.5 million to $58.5 million. Respondents to Thomson's survey were looking for a figure of $56.95 million. In the third quarter, CNet sees revenue between $57 million and $59 million; the average analyst estimate was $57.7 million. See full story.
reported net income Tuesday of $2.6 million, or 1 cent a share, down from $22.5 million, or 6 cents a share, in the same period last year. Analysts polled by Thomson First Call had expected the company to earn 1 cent a share, on average. For the company's fiscal first-quarter, ended June 30, Compuware's revenue was $306 million, down from $346.6 million. Compuware shares fell 8 cents, or nearly 2 percent to close at $4.93 in regular-session Nasdaq trading, ahead of the announcement. See full story.
Online ad and technology company DoubleClick
blew past it own recent second-quarter profit estimate, getting a boost from declining costs. The company reported net income of $5.8 million, or 4 cents per share, for the period. That is up from $4.1 million, or 3 cents, and above the 1-cent consensus estimate of analysts polled by Thomson First Call. Shares of DoubleClick closed down 2 percent at $10.19 Tuesday. See full story.
El Paso Corp., which narrowly won a bitter proxy fight in June, said its 12 nominees for its board of directors have now been certified by an independent group. Last week, the company hired former Halliburton
chief operating officer Doug Foshee as chief executive. Shares of Houston-based El Paso
closed at $8.19, up 19 cents, ahead of the announcement.
on Tuesday reported declining second-quarter net income of $49.1 million, or 44 cents a share, versus $52.6 million, or 45 cents a share, a year ago. The result was in line with analysts polled by Thomson First Call. The Pittsburgh-based mutual fund company said total revenue declined 2 percent to $178 million from the same period in 2002. Assets under management grew to $202.4 billion, 9 percent higher than the $185 billion in the year-ago second quarter. Separately, company directors approved an increase in the company's quarterly dividend. Federated released its results after the market close. In trading Tuesday, shares gained 46 cents, or 1.54 percent, to close at $30.41. The stock is up 19.5 percent since the end of March. See full story.
which is in the process of merging with Palm, said Tuesday it narrowed its fourth-quarter loss to $13 million, or 9 cents per share, from a loss of $15.4 million, or 11 cents, a year ago. Excluding one-time charges, the company lost $11.5 million, or 8 cents, matching last year's numbers and beating the 10-cent estimate of analysts polled by Thomson First Call. The company's shares fell 2 cents to $1.02 in regular-session Nasdaq trading ahead of the announcement.
reported income of $7 million, or 38 cents a share, for the second quarter ended June 29, a drop of 27.1 percent when compared with the $9.6 million, or 52 cents a share reported a year ago. Revenue jumped 30.7 percent, however, to $89.4 million from last year's figure of $68.4 million. See full story.
earned 21 cents a share with sales of $165.8 million during its fiscal fourth quarter. The chipmaker expects single-digit percentage growth for sales and profits in the first quarter. See full story.
reported earnings of $9.8 million, or 2 cents a share, down from $29.8 million, or 6 cents in the same period last year. Analysts polled by Thomson First Call had been expecting Siebel to earn 2 cents a share, on average. Revenue for the company's second quarter, ended June, was $333.3 million, down from $405.6 million. Siebel shares rose 29 cents, or 3 percent, to close at $9.22 in regular-session Nasdaq trading, ahead of the announcement. See full story.
on Tuesday reported a 2003 fourth-quarter profit that fell 80 percent from the year-ago period. Sun's earnings totaled $12 million, or zero cents a share, compared to a profit of $61 million, or 2 cents a share it earned in the same period last year. Revenue totaled $2.98 billion, a 13 percent decrease from the $3.42 billion in sales it recorded a year ago. Analysts surveyed by Thomson First Call had expected a profit of 2 cents a share and revenue of $3.07 billion. See full story.
said Tuesday it earned $224.5 million, or $1.49 a share, compared with $170.7 million, or $1.12, a year ago. Analysts polled by Thomson First Call had expected earnings of $1.39 a share. The company also raised its full-year earnings estimates to $5.60 to $5.65 per share for 2003, up from its previous forecast of $5.50. Revenue came in at $4.94 billion, shy of the $4.98 billion analysts had expected. Shares of WellPoint shed 99 cents to close at $80.70 in regular trading Tuesday before the announcement. See full story.
Discount Internet broker Ameritrade Holdings
rose more than 14 percent after it said third fiscal quarter income was $49.9 million, or 12 cents a share vs. 3 cents a share a year ago. Net revenue rose to $188.5 million vs. $100.3 million a year ago. Ameritrade said it opened 93,000 new accounts in the quarter. See full story.
Shares of Argosy Gaming
traded up almost 8 percent after Merrill Lynch upgraded the casino operator to "buy" from "neutral" on the belief that the current valuation reflects "overly conservative earnings expectations." The stock had closed down in each of the prior seven sessions. Analyst David Anders thinks near-term earnings revisions are likely to be positive, and therefore upped his second-quarter estimate to 45 cents a share from 40 cents.
Shares of Artesyn Technologies
gained more than 11 percent amid an upgrade from First Albany and after the power conversion company reported narrower than expected second-quarter losses. Analyst Sanjay Shrestha bumped up the stock's rating to "buy" from "neutral," citing "significant traction with cost reductions," which has "significantly improved the company's visibility on achieving profitability in 2004." The company had said it lost 7 cents a share, excluding one-time items, on revenue of $87.6 million, exceeding average analyst estimates of a loss of 10 cents and revenue of $84 million, according to Reuters Research.
rose nearly 10 percent after saying on Monday that it narrowed its second-quarter loss, in part by strong sales of liquid crystal displays used TVs and computer screens. The company incurred a net loss of $22 million, or 2 cents a share, down from $370 million, or 39 cents. Excluding a onetime loss, Corning posted a profit of 2 cents a share. Analysts had expected breakeven results, according to Thomson First Call. Sales fell to $752 million from $827 million a year earlier. The company also gave a third-quarter forecast of 1 cent to 3 cents a share, above Wall Street's 1-cent estimate.
Deere & Co.
ran up 5 percent following an upgrade in the wake of a U.S. Department of Agriculture report that the condition of the 2003 corn crop had deteriorated, lowering the odds of further declines in the price of corn. UBS analyst David Bleustein, who attributes most of Deere's recent underperformance to weakness in the prices of corn and other farm commodities raised his rating on the machinery maker to "buy" from "neutral" and raised his price target for the stock to $57 from $48.
Shares of Igen
shot up almost 14 percent after the Gaithersburg, Md.-based Igen said in a statement that it's in discussions with Roche about a potential "transaction." However, Igen cautioned that, "There can be no assurance that a transaction will be reached or on what terms."
surged nearly 13 percent after it reported late Monday second-quarter earnings of 9 cents a share, excluding charges, beating analyst expectations, but earned half of what it did by the same measure a year earlier. Analysts polled by Thomson Financial had expected the company to earn 3 cents a share, on average. Including charges, the company earned $1.3 million, or 5 cents a share, down from $2.7 million, or 9 cents. Revenue was $53 million, down from $57.6 million in second quarter 2002.
rose 11 percent after it announced the signing of a $1 billion multi-year contract to upgrade Sprint's
high-speed wireless network in the U.S. As part of the pact, Lucent will provide base stations, switching equipment and related software and services.
powered up almost 17 percent after Prudential upgraded the stock to "buy" from "hold," due primarily to valuation. The stock had dropped 20 percent on Monday after the company warned, said its chairman had resigned and eliminated its dividend. Meanwhile, Standard & Poor's lowered Millennium's corporate credit rating to "BB" from "BB+."
Shares of Newhall Land and Farming
gained more than 10 percent after Lennar Corp.
and LNR Property
said late Monday they would buy the community planner in a 50-50 joint venture totaling about $990 million plus debt. See full story.
rallied nearly 22 percent after it reported a second-quarter net loss of $33.8 million, or 40 cents a share, versus a loss of $93.8 million, or $1.12 a share in the same period a year ago, and narrower than the average analyst forecast compiled by Reuters Research of 60 cents a share. Revenue rose 59 percent to $76.5 million, topping analyst expectations of $67.50 million. The pharmaceutical development company said it had $500 million in cash and cash equivalents at the end of June.
Shares of Silicon Laboratories
shot up almost 15 percent after Analyst Mark Grossman at Needham upgraded the integrated circuit maker to "buy" from "hold," after the company reported better than expected second-quarter earnings that exceeded expectations. "Although the stock isn't compellingly cheap, we believe it will likely go higher as there is less fundamental risk now that Silicon Labs appears to have made it through the Asian handset crisis, which had been our primary concern," Grossman said
climbed more than 18 percent after it said it lost $111 million, or 27 cents a share, in the second quarter, down from $218.1 million, or 35 cents, a year ago. Sales fell to $234.1 million from $344.6 million a year earlier, but they rose 5 percent from the prior quarter. Excluding onetime costs stemming from fresh layoffs, the company lost $31 million, or 8 cents. That matched the consensus of analysts surveyed by Thomson First Call.
tacked on almost 8 percent after the chipmaker said late Monday that it earned 7 cents a share during its second quarter, a penny better than reduced expectations the chipmaker established for itself in early June. Revenue of $2.34 billion was slightly better than predicted. See full story.
The TriZetto Group
ran up nearly 14 percent after it reported a second-quarter net loss of $1.36 million, or 3 cents a share, versus a loss of 8 cents a share in the same period a year ago. Pro forma earnings, which exclude acquisition-related expenses, earnings were 4 cents a share, topping the average analyst forecast compiled by Thomson First Call of 3 cents. Total revenue rose 15 percent to $76.5 million. The healthcare information technology company said that while sales cycles remain at least a year for prospects considering multiple products and services, it was confident that market share will continue grow.
Instinet Group Inc.
shed almost 14 percent after it reported late Monday a second quarter net loss of $5 million, or 2 cents a share compared to a net loss of $60 million, or 24 cents a share for the same time period in 2002. Excluding one-time gains and losses, Instinet said second quarter pro forma operating losses were $1.5 million, or no cents a share. Revenue jumped 19 percent to $285 million. Analysts polled by earnings tracker Thomson/First Call had expected no gain or loss for the quarter and $267.5 million in revenue.
fell nearly 6 percent after it warned a weak economy will cause it to post third-quarter net income of 4-8 cents per share vs. the 14 cents expected by Wall Street. For the second-quarter net income was $1.5 million, or 4 cents per share, compared to $3.9 million, or 11 cents per share in the year-ago period. Sales totaled $1.06 billion, up 4.4 percent from $1.015 billion last year. A survey of analysts by Thomson First Call forecasted earnings of 5 cents per share and revenue of $1.045 billion. The Troy, Mich. staffing firm said workers' compensation costs "increased significantly" in its U.S. commercial business, while fee-based income continued to decrease in its international segment.
slumped nearly 5 percent after it lowered its full-year revenue outlook to $410 million to $420 million from $450 million to $475 million due to an anticipated decline in Integrilin sales and reflects the impact of a recently formed collaboration. For the second quarter, the loss narrowed on rising drug sales, but it was still slightly larger than analysts had expected. The company posted a net loss of 36 cents per share, or $107.1 million, versus a loss of 38 cents, or $107.7 million a year ago. The pro forma loss, which excludes non-recurring items, was 7 cents a share, while analysts polled by Reuters Research had expected the company to lose 17 cents per share. Revenue increased 32 percent to $121.7 million, topping analyst expectations of $107.5 million.
dropped almost 8 percent after the company indicated that full-year earnings would miss consensus analyst expectations. For the second quarter, net income rose to $120.4 million from $87.2 million a year ago as its testing business grew. Earnings per share rose 29 percent to $1.12 from $0.87 in 2002 and 2 cents ahead of the consensus analyst estimate as compiled by Reuters Research. Second quarter revenues increased 14 percent over the prior year level to $1.2 billion and reflect the acquisition of Unilab Corporation, which was completed on February 28, 2003.
Shares of Theragenics
were knocked more than 10 percent lower after the provider of brachytherapy treatment devices for prostate cancer reported second-quarter net income of $266,000, or a penny a share, on revenue of $8.9 million, down from year-earlier earnings of $1.8 million, or 6 cents a share, and revenue of $11.1 million. The company said sales suffered from consolidation, the current reimbursement structure and price discounting, as well as the loss of two distributors.


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“Managing logistics costs will be a big challenge,” said Goel, who feels that they are well funded and will be able to ride the situation for a year.
Last year in July 2019, Moglix raised $60 million, while their per month payroll cost (biggest cost) is around Rs 5.5 crore. They are keeping a tight watch on how the government will be managing after April 14.
Moglix is working with large and small enterprises. While he doesn’t fear any receivables being stuck from the large corporates side, he is concerned that SMEs might be facing a liquidity crunch. “Mobility of non-essential goods manufactured by SMEs are in a lockdown. Thus, a lot of customers would be delaying their payment and working capital can get stuck,” added Goel.
As transportation is a big issue in the lockdown due to sealed borders, acquiring the license or police not allowing any movement. Goel shared that the company's intra-city movement will be hampered as the truck load is partial, as only full truck load is allowed to move. “It is not impacting the business much, but in the longer run it will."
Moglix has a combination of suppliers, external and internal. It has partnerships with companies, such as BlueDart, and plans to optimize their internal capacities first and then use the external one. While it is well placed, the finance chief expects no salary cuts or layoff anytime soon. Though the situation post April 14 is something to be looked out for as things might take a different shape post it.


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Update – May 2, 2023: Members of Congress Call on Bakers to Comply with FASTER Act
AAFA continues to work with Members of Congress to encourage compliance with the FASTER Act and to improve food safety for consumers with sesame allergy.
Recently, Sen. Ron Wyden and Representatives Doris Matsui and Patrick McHenry sent a letter to the American Bakers Association calling on the baking industry to take steps to improve food safety relative to sesame.
AAFA was proud to support this letter and we’d like to thank these congressional leaders and the letter’s co-signers:
U.S. Senators Richard Blumenthal and Chris Murphy, and U.S. Representatives Debbie Dingell, Dean Phillips, and Ro Khanna.
The FASTER Act of 2021 made sesame the 9th major allergen in the U.S. and required food manufacturers to label sesame like the other 8 major allergens beginning in 2023. This was a long-fought victory that began for the Asthma and Allergy Foundation of America (AAFA) and our Kids with Food Allergies division back in 2008.
We are concerned and disappointed over reports of food companies intentionally adding sesame flour to products as a way to comply with required sesame allergen labeling. This practice ignores the purpose of the FASTER Act and is shameful way to avoid setting up food allergy-safe manufacturing processes that reduce cross-contact risk. (Cross-contact occurs when a food allergen comes in contact with food or an item not intended to contain that allergen.)
We do not have a full list of manufacturers who are adding sesame to their products and there may be regional differences. We have heard reports of Chick-fil-A, Olive Garden, Wendy’s, Pan-o-Gold, Thomas’ Breads, but it is very important to continue to read labels and ask restaurants. Some foods that were safe before may now contain sesame allergen. Be especially careful when reviewing baked good products.
We are working with industry representatives to identify bakers and restaurants who are taking the appropriate steps to ensure the safety of the food allergy community and look forward to sharing those brands as well.
With improved, regulated, and evidence-based precautionary allergen labeling, AAFA believes we can both improve safety for consumers with food allergies and reduce liability concerns for industry. We are eager to work with industry, Congress, the Food and Drug Administration (FDA), and our food allergy allies to enact solutions that prevent potentially harmful manufacturing practices now and in the future.


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The new generation of consoles are almost here and the biggest question on every gamer’s mind is when it will arrive.
While it has been almost four years since the last major gaming console launch, Microsoft is pushing hard to get gamers out there and to buy their new console.
But while the company is pushing harder, many are also worried about the future of games, and whether or not the gaming industry can survive.
It seems as though every year we see more and more major announcements and announcements of new consoles, but we don’t see a new generation arrive.
Games have always been a part of gaming and the games industry has always been ahead of the curve.
We have been through a massive shift in the past few years with the advent of social media, new platforms and the advent on mobile devices and tablets.
These platforms have made it easier to connect with people around the world and have helped create an ecosystem for games to thrive.
These are exciting times and we are all eagerly anticipating the next big thing.
However, the industry is facing some big challenges in terms of technology.
As consoles and their accessories are being introduced more and different platforms become available, and new devices become available the industry has to evolve and adapt to meet the demands.
This has led to some issues in the gaming world and has forced the industry to evolve with it.
Many of these issues are directly related to the hardware that is being used and the game industry is now facing a number of issues as a result of this shift.
In a recent interview with the BBC, Sony executive James Murdoch spoke about how much he feels the industry needs to adapt and improve to cope with the new generation.
He said that the games are the future and the hardware is the future, and it’s the future that is going to take us to the next level.
What is the next generation of games?
Sony’s Chief Marketing Officer and Senior Vice President of PlayStation Marketing Michael Ybarra told the BBC that Sony is aiming to make the next gaming console more than just a gaming device.
He added that the PlayStation 4 Pro is a major step forward for the industry, and that the PS4 Pro will offer a new level of performance and power for gamers.
In addition, Sony is also introducing a new set of high-end VR headsets for PSVR.
These headsets will offer more immersive experiences that are designed to give gamers the power to experience games with a whole new perspective.
Sony has been working hard to make its PS4 line of hardware as powerful as possible.
For example, the PSVR has two dedicated processors, an eight-core processor and an eight core GPU.
It also has four USB Type-C ports and an HDMI port.
Sony also added two HDMI 2.0b outputs, an Ethernet port and a USB Type A connector.
While these improvements are certainly nice, they are not enough to make a gaming machine that offers a gaming experience at 1080p.
Sony’s head of Xbox and PlayStation, Pete Hines, also talked about how his company is working on a gaming console that is the absolute best gaming machine it can make.
The PlayStation VR headset uses a quad-core GPU and four dedicated processors to deliver a powerful experience that’s able to push all of the power of the PS3, Xbox 360, PlayStation 3 and PS2 to the edge of the field.
It can also push that power to the limit of the new quad-GPU Titan X to give you the power you need to experience all of this power at 1080i resolution.
But, in addition to being able to deliver the highest possible quality of gaming experience, the PlayStation VR will also offer a number more innovative features for gamers that will make it the most compelling gaming headset on the market.
The latest PlayStation VR game and app store has already been announced and the upcoming PSVR games will all be able to be downloaded through the PlayStation Store.
These new games will have all of Sony’s PSVR features including the ability to use PlayStation Move controllers, PlayStation VR-enabled accessories and the ability for players to play VR games with their PlayStation Move motion controllers.
The PSVR will also have a dedicated VR-specific app store.
The app store will be the same one that exists for the Xbox One and PlayStation 4 games, which will have a new and exclusive category that will showcase new VR experiences and features.
The current app store is also not quite up to the level of PS4 games and games from PlayStation.
However with the PS5, Sony has decided to take the PS VR and make it an entirely new category of content.
This new category will allow for an entirely separate gaming experience and content.
It will allow users to download new and existing PSVR content that will be exclusive to the PlayStation App Store.
The new app store allows for a whole different experience for PS4 gamers, which is why Sony is making it an official app store for PS5 games.
With all of these features, there is one area that PlayStation VR games and apps will be lacking, however.
Games are already running on the


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Live export prices have kicked in response to Indonesia’s release of fourth quarter cattle permits for 200,000 cattle, with reports of some contracts now being written at prices as high as $3.06/kg in Townsville and $3.40/kg in Darwin.
While there have been reports of individual exporters paying to those levels in some circumstances, the bulk of sales still appear to be occurring between the 295c/kg to 325c/kg range ex Darwin, and $2.90-$3/kg range ex Townsville.
Export sources have told Beef Central that a rediversion of shipping capacity from Vietnam back to Indonesia for the start of the fourth quarter has created a short-term spike in demand.
The Indonesian Government’s decision to release permits for just 50,000 cattle in the third quarter, at the height of the northern cattle seasonal supply cycle, saw large numbers of ships and cattle previously destined for Indonesia rediverted to Vietnam.
That in turn has created a short-term oversupply in Vietnamese feedlots, with an estimated 100,000 cattle now on hand in the country.
This has in effect allowed shipping to return in force to the Australia-Indonesian run for the start of fourth quarter. Exporters with greater capacity are subsequently having to move cattle even though the sums are not in their favour.
After missing the opportunity to restock during the peak dry season turnoff cycle in the third quarter, Indonesia is now hoping to receive 200,000 cattle in the final three months of the year, when cattle are now in scarce supply, many having been rediverted to other markets, both within Australia and alternative live export destinations.
It seems likely that importers will struggle to fill their entire import permit allocations for the fourth quarter, and it is hard to see the supply outlook improving for the first quarter of 2016.
At the same time there is also talk within Australia’s northern cattle industry that Cambodia is on the cusp of placing new import orders for Australian cattle, which will add further pressure to an already pressured supply outlook.
As Beef Central reported earlier this week, the market was set alight last Friday by the sale of 900 quality Brahman steers averaging 335kg from Hayfield Station south of Katherine, NT, which sold via AuctionsPlus to a Darwin live export buyer for 330.4c/kg liveweight on station.
Adding 11c/kg freight to Darwin port values the steers, landed, at 341c/kg – easily an all-time record price for Indo boat cattle out of Darwin.
The escalating prices will present a challenge for exporters and their feedlot customers in Asia, as meat prices in Indonesia and Vietnam have not risen in line with the increasing purchase cost of cattle in northern Australia.
The higher prices are being driven by the strong demand for cattle from Asia versus the increasingly tight supply of cattle across northern Australia. Regions of Queensland that usually supply ships out of Darwin are dry and out of cattle.
Another unseen factor that also and always contributes to the volatility of export cattle prices is the affect that the Australian dollar has on negotiated deals.
In the past fortnight the Australian dollar has risen by almost 5c relative the US dollar, from 68.9c to 73.5.
One exporter said a 1c rise in the $A versus the $US can equate to 5c/kg liveweight difference in the effective cost of cattle for buyers.
Exports from Port Alma?
There has been more talk again about the possibility of live cattle exports commencing from Port Alma near Rockhampton.
Locally based Queensland LNP Senator Matt Canavan put a motion to the Senate yesterday asking for it to note the approval of Port Alma as a live cattle export facility and the benefit of providing new export options to producers and the cattle industry in Central Queensland, which the Senate passed in a vote 45 in favour to 10 against.
Beef Central understands that certified approval for live stock exports for Port Alma has been in place for several months, but what is now required for exports to commence from the CQ port is for an exporter to see greater commercial value in exporting cattle from the port as opposed to a more traditional port, such as Townsville.
Senator Canavan said CQ producers would benefit from better returns if live cattle exports from the port went ahead.
“Around a quarter of all the cattle exported from Townsville come from Central Queensland and producers bear the costs of trucking them north. Port Alma gives them a much closer facility with much lower transport costs.”
Senator Canavan said Port Alma was “set to go” for local live cattle exports.
“The facility at Port Alma was approved by the Department of Agriculture earlier this year and is currently registered to export live cattle.
“Everything is in place for exports out of Port Alma and, as I understand it from local producers, the only thing holding it up now is the high prices being paid for cattle on competing local markets, which is great news for the industry.
“Port Alma is an excellent alternative export facility for CQ cattle as and when it’s needed.”


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Yahoo has made another acquisition, this time of time management service Astrid, which just made the announcement on its blog. Such a move comes at a time when Yahoo has been buying up a variety of services and apps, a move in part to bolster the company. Not many details about the deal were provided, but those we do know we have for you after the jump.
Says Astrid in the announcement, its team will be joining Yahoo’s mobile team. As a result of the acquisition, the company’s app is going to be shut down in 90 days, with the service effectively putting an end to new premium subscriptions starting today. In addition, it is aiming to make the transition for its users as gentle as possible.
Those who currently use the service will be contacted “shortly” with instructions on how to download their data, which needs to be done within the next three months, after which point it will be gone forever. Says Astrid, its app has been downloaded 4 million times, and that the company is grateful for all of its users, as well as its investors and mentors, which it specifies by name.
This follows Yahoo’s purchase of Summly back in March for the hefty sum of $30 million, one of many moves by the company to boost its mobile-centric goals. The purchase came in the form of 90-percent cash and 10-percent stocks. No financial data was provided on the Astrid acquisition, just a note that Yahoo will refund users who bought an annual subscription set to expire after the service goes down.


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Design consultancy Tata Elxsi, which has around 3500 staff and studios around the world, is part of the £40 billion Tata Group.
Talbot left Seymour Powell last month in order to take up the new position, which will be based in Tata Elxsi’s Bangalore headquarters.
Tata Elxsi says Talbot’s new role will see him taking on responsibility for all design initiatives in the industrial design division across the world. This will include innovation-driven initiatives, product creation and IP creation.
Talbot says, ‘Tata Group is one of the most respectable organisations in the world and I feel very proud to be associated with Tata Elxsi. India is an emerging market for global design, has a tremendous talent pool and potential both for innovation and growth.’
Anil N Sondur, vice president of Tata Elxsi Industrual Design, says, ‘We are confident that with the global design experience [Talbot] brings, we can add substantial value to our customers’ brands and products.’


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Cadillac will be offering a more exclusive version of the ELR through the Saks Fifth Avenue holiday catalog, which has been priced from 89, 500 USD.
Fans of the brand new Cadillac ELR will be excited to find out that the company is offering a special edition through the Saks Fifth Avenue holiday catalog. According to the car manufacturer, the new Cadillac ELR Saks Fifth Avenue holiday catalog costs 89,500 USD, which means that it is 13,500 USD more expensive than the regular version of the model. Only 100 units of the special edition ELR will be offered and each one will get a White Diamond exterior finish, applied in multiple layers, which is usually 995 USD.
Besides the special paint, the Cadillac ELR Avenue Special Edition will also receive every option the carmaker is offering on the vehicle, including the high-tech safety system, the navigation or the heated and ventilated seats. There is also an upgraded 240-volt charging station with professional installation, which is helping the battery fully charge in approximately 4.5 hours. The state of charge can be controlled through a free smartphone app, which is also allowing owner to control certain functions remotely. The model in question can be ordered by calling 1-855-SAKS-CAD and deliveries will begin in March.


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I am suddenly obsessed by the news that polysilicon prices are going through the roof. A kilogram that cost $25 in 2004 will now run you around $80, and prices on the spot market have spiked as high as $100. Even worse news, if you really need the stuff, is that the handful of companies that produce polysilicon claim to be sold out for the next two to three years! So prices are likely to continue to head straight up.
Why should we care? Well, polysilicon is a specialized form of crystallized silicon that is particularly well-suited for the supercomplex circuity etched into state-of-the-art semiconductor chips. So it's in high demand, especially in China, where chip manufacturing is booming, but domestic suppliers could provide only about 60 tons of the 2,300 consumed last year.
But there's another industry that craves polysilicon, and that's where the story gets interesting. The photovoltaic cells that are the core engine of solar power are also big consumers of polysilicon. And the global market for such cells has been surging, growing by around 30 percent a year over the last couple of years.
The market has gotten so tight that REC, a Norwegian renewable energy company, took the step of purchasing ASiMI, a Japanese polysilicon producer, primarily to lock up a supply for its own needs. ASiMi, which produces about 5 percent of the global supply of polysilicon, then proceeded to rock the chip industry when it announced earlier this fall that it would no longer sell its polysilicon to chip companies in 2006.
My first reaction was that this was great news! Here's an under-the-radar indicator that solar power has finally come of age. Made more desirable by the double whammy of high oil prices and substantial government incentives (particularly in places like Germany, California and New Jersey) solar power is at long last hitting that sweet spot where it becomes economically feasible for it to make a difference in world energy markets.
Of course, in the short term, if the chip industry takes a hit, prices of consumer electronic devices and computer gadgets might slow down their free fall, and irritate shoppers, depending on how long the polysilicon shortage continues (and, at the moment, the major polysilicon producers are ramping up production like crazy). But that's not too big a price to pay for a cleaner world, right?
My initial enthusiasm was tempered, however, by some additional research. Ironically, some analysts are suggesting that the healthy annual growth rate of solar power is now set to plummet, hamstrung by the surging prices of a key raw material. The very success of solar might be a limitation on its further growth. And nothing comes for free: There's also the niggling problem that production of polysilicon is a fairly toxic process, so even as renewable use goes up, the environment doesn't come away unscathed.
So, high oil prices and hefty European renewable energy subsidies encourage a Norwegian solar power company to buy a Japanese silicon manufacturer, which then sends tremors through the Chinese chip-making industry. Maybe instead of asking somebody to give me that new iPod Nano for Christmas, it's time to finally see about getting those solar panels installed on my roof.


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June 2, 2023
FDA issues public statement on compounded semaglutide
FDA permits the compounding of copies of FDA-approved drugs when those drugs appear on the agency’s drug shortage list to assure patient access to medications when the manufacturer cannot maintain its supply chain. “Semaglutide, the active ingredient in Wegovy and Ozempic, has appeared on that shortage list for well over a year, so it’s helpful that FDA has now provided some perspective,” said APC’s Scott Brunner.
“Like FDA, we’re concerned concerned about consumers purchasing substances purporting to be semaglutide online from unregulated, unlicensed sources without a prescription. That’s not compounding. Those aren’t even pharmacies,” said Brunner.
The agency’s statement warns against taking a compounded medication made from an active pharmaceutical ingredient that is not the same active ingredient as found in Wegovy and Ozempic.
Last month, APC released an extensive statement on compounding copies of FDA-approved drugs when those drugs are in shortage, as is the case with semaglutide.


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(NEW YORK) -- The adage “Idle hands are the devil’s workshop” may soon lose all meaning because a new survey shows our hands are almost never idle -- we’re always playing with our phones.
A new British survey finds that 52 percent of the respondents turn to their phone if they have "downtime," rather than sit and think. The figure increases to 62 percent among 18- to 30-year-olds.
Thirty-seven percent check their phone if there is a lull in conversation with friends.
The survey by the Internet Advertising Bureau is based on 700 hours of video footage from consumers wearing FishEye cameras. They took a picture every five seconds over a three-day period.
According to the survey, the average person in the U.K. uses some form of Internet-connected device 34 times a day.
Those who took part in the study average a total of two hours and 12 minutes a day using a connected device, such as a mobile phone, laptop or tablet. Forty-six percent of the time, they were using at least two devices, and sometimes three, simultaneously.
Dr. Simon Hampton, a lecturer in psychology at the University of East Anglia, says, “People's inability to leave their phones alone is the newest addition to common displacement behaviors such as smoking, doodling, fiddling with objects and picking at food.”
The IAB poll of 1,377 U.K. adults was conducted in September.
Copyright 2013 ABC News Radio


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Global malt whisky market predicted to reach US$6.7 billion by 2031
Data collated by Allied Market Research pegged the malt whisky market value at US$4.3bn in 2021, with a 4.7% compound annual growth rate (CAGR) forecast for the next 10 years.
The challenges the pandemic posed to the industry are reflected in the data, which shows that the off-trade constituted more than three quarters of the global whisky market in 2021.
E-commerce is anticipated to become a ‘high traction” sales avenue for spirits due to: “…advancements of technologies in logistics, ease of regulations, and increase in digital connectivity”.
However, as the hospitality sector reopens a shift towards on-trade distribution is expected, with a CAGR of 5.3% predicted from 2022 t0 2031.
Scotch whisky accounted for approximately two fifths of the global malt whisky market in 2021. The Scotch sector in particular is projected to achieve the highest CAGR from 2022 to 2031, reaching 4.9%. Irish and American whiskey are forecast to grow at a similar rate to each other.
The report also notes that new markets are opening up. Developing countries, such as India, are apparently increasingly embracing western drinks. The Scotch Whisky Association is calling for a substantial reduction in the tariffs India has placed on the spirit.
Indeed, it is noted that consumers in Asia-Pacific and Africa demonstrate a growing preference for Scotch over other spirits. It is suggested that, especially in the case of Asia-Pacific, this might be a consequence of growing population of younger people. The predicted CAGR for the region from now until 2031 is the highest in the world from this report at 5.9%.
However, Europe is still the dominant area, holding a third of the global malt whisky market. The report states: “This is attributed to tremendous popularity and substantial consumption of alcohol in the region.” An increase in disposable income was also credited, though it will be interesting to see how well this holds up as the effects of inflation begin to bite.


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Food safety is a critical element of our national health. Where our food comes from, nutritional information, guidelines for quality control and recommendations for public health are all vitally important to families.
Thankfully, EMILY’s List candidates in the House and Senate have been fighting to make sure our food is safe. From protecting baby formula nutritional information, to making sure food products are accurately labeled, and regulating the domestic transportation and distribution of food, EMILY’s List women are working hard each day to provide the best for America’s families. In 2009, nearly all of EMILY’s List women in the House supported legislation that would require facilities to submit food safety plans to the FDA, allow the FDA to mandate more information for inspection and would create a tagging system to trace food-borne illnesses. Rep. Lynn Woolsey spoke out in support of the bill. She said, “I strongly support provisions in this bill that grant the Food and Drug Administration, FDA, new authority to hold more frequent inspections of food processing facilities and the requirement that all food facilities register with the FDA annually. To better combat food -borne illnesses, H.R. 2749 will also enable the FDA to establish a food trace-back system that will help public health officials identify the origin and path of food products when an outbreak occurs.”
And, EMILY’s List candidates’ hard work is paying off. According to the Center for Disease Control, reports of several of the most common foodborne illnesses have been decreasing. Moreover, there is a downward trend in foodborne infections, which has resulted from an increased knowledge about preventing contamination and better inspection methods.
CDC: Report Shows Downward Trend in Foodborne Infections. According to the Center for Disease Control’s 2010 FoodNet Report Card, a “downward trend in foodborne infections” was examined. The CDC reported that this trend was due to the following factors:
- “Enhanced knowledge about preventing contamination. PulseNet, the national molecular subtyping network for foodborne bacterial pathogens, can detect widely dispersed outbreaks and has greatly improved the detection and investigation of multistate outbreaks.”
- “Cleaner slaughter methods, microbial testing, and better inspections in ground beef processing plants.”
- “Regulatory agency prohibition of contamination of ground beef with E. coli O157 (resulting in 234 beef recalls since E. coli O157 was declared an adulterant in ground beef in 1994).”
- “Improvements in the FDA model Food Code.”
- “Increased awareness in food service establishments and consumers' homes of the risk of consumption of undercooked ground beef.”
[CDC, FoodNet, 2010 Report Card, accessed 2/27/12]


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In your opinion, what was Nike buying for that half million? With Verbruggen's background (marketing, broadcast rights, etc) was it a matter of "protect and promote Lance as a hero and we'll make sure there's a Nike swoosh on every piece of clothing he wears"?Race Radio said:Verbuggen has multiple corporate entities. He is primarily a marketing guy who have been in the broadcast rights business for decades. It would be very simple for Nike to pay one of his corporations and bury it as a marketing expense
The doping might have even been serendipitous from Nike's perspective. The lynch pin that secured the deal - and Nike never had to get their hands dirty. Just let it all happen.


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Pakistan’s businesses, especially the small and medium enterprises, have been hit hard once again as the Shehbaz Sharif government raised power tariff even as headline inflation continues to remain at elevated levels. The move is to comply with the demands of the International Monetary Fund, which finally decided to provide a $3 billion financial assistance package to the cash starved country through a Stand-By Arrangement (SBA).
Pakistan’s businesses are already reeling under shortage of raw materials and frequent power outages. Now the new increased power tariff could lead to more factories, including several ones in the textile sector to shut down.
The increase of (Pakistani) Rs 4.96 per unit is a considerable quantum for the end consumers. With this increase, the base tariff will now be Rs 29.78 per unit.
“Businesses are worried that the fresh hike will adversely hit their competitiveness by spiking their costs, making them a lot more expensive both for domestic consumers and foreign buyers,” local newspaper Dawn said.
The textile sector has demanded a separate tariff category. However, the Sharif government, which will relinquish power next month in the wake of the general elections, may find it difficult to meet these demands. A caretaker government will take over in August. The country’s textile sector, which was one of the largest money spinners for the economy, is stressed too– operating almost 50 per cent less than the capacity utilisation. Last year’s devastating floods added to the woes as cotton crop output declined to a four decade low of 4.9 million bales.
Pakistan recorded a 12.7 per cent decline in exports for the July to June period—country’s financial year. During this period, the country’s exports were recorded at $27.74 billion compared to $31.782 billion in the previous financial year. The trend in outbound shipment may not change anytime soon with the caretaker government taking over.
Notably, Pakistan’s exports to China in the just concluded financial year have dropped too—by about 25 per cent. China has been one of the top export destinations of Pakistan. Apart from China, Pakistan exports to its other neighbours including Afghanistan have also remained muted.
Export growth is critical for Pakistan’s economy as this would then generate jobs, boost foreign exchange reserves and stabilise the local currency.
The South Asian nation is battling its worst economic crisis since independence. Unfortunately, the IMF deal, which the country desperately needed to avert a sovereign default, will not ease the woes of the common people or even businesses anytime soon as Islamabad will have to adhere to the stringent riders carved out by the multilateral lender.


text: News Environment Meet the ELF: An American-Built Solar-Powered Trike By Sami Grover Sami Grover Twitter Writer University of Hull University of Copenhagen Sami Grover is a writer and self-described “environmental do-gooder,” now advising community organizations. Learn about our editorial process Updated October 11, 2018 This story is part of Treehugger's news archive. Learn more about our news archiving process or read our latest news. Share Twitter Pinterest Email ©. Organic Transit News Environment Business & Policy Science Animals Home & Design Current Events Treehugger Voices News Archive With Lloyd calling for a recall of the car, and with Twitter alive with #ReplaceBikeWithCar, the topic of a pedal/solar-powered hybrid vehicle that's specifically designed to get the cycle-challenged out of their cars has never been more timely. I've taken one for a test-ride over at Treehugger but somehow, so far, we have yet to write about Organic Transit's ELF. This has to be corrected. Conceived by former sports-car designer Rob Cotter, and built right here in Durham, NC, the ELF features an electric assist motor; a durable, highly visible outer shell to protect you from the elements, and a sizable cargo compartment capable of holding eight grocery bags. (It is said to carry a total payload of 350lb.) The pure electric battery range is 14+ miles, and that can easily be extended the more you choose to pedal/coast. And the battery will recharge in about 7 hours if left in direct sunlight, or 1.5 hours if plugged into an outlet. Its makers claim it gets the energy equivalent of 1,800mpg. Now there are naysayers of course. Some say that it pretty much does what a bike or cargo bike does anyway. Others say it's just too expensive. But given that there are a huge number of people who could be coaxed out of their cars, and yet for whatever reason—safety, convenience, weather, not wanting to be sweaty at work—choose not to bike, I say the ELF is an ideal solution for many commuters. The price ($4995, rising to $5495 on April 17th) is not for everyone if you compare it to your average bike, but think of it as a replacement car and it starts to look decidedly economical. I already know of people in my community who are foregoing a second car in favor of an ELF, and sales appear to be picking up pace. The company has built and sold 325+ ELFs since its crowdfunded launch just over a year ago, and it is aiming to sell a further 1,200 this year. Jerry Seinfeld is a proud owner, apparently piloting his ELF around the Hamptons on a regular basis, and the ELF has been featured on USA Today, ABC News and many other major news outlets. Organic Transit is currently exploring many avenues for growth, including distributed manufacturing hubs in bike-friendly communities around the world, as well as production of adapted models for use as ambulances and water-carriers in Africa. But that's enough from me. (It's true, I am a little enamored.) Check out the ELF in this video from QUEST Science and then, just for fun, have a look at what Durham might look like when we finally move beyond the car. Post by Organic Transit.


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The big European contract manufacturer Fareva has now established a U.S. beachhead as it pursues plans to expand into the U.S. market. The pharma manufacturer has stepped in to buy one of Pfizer's ($PFE) manufacturing facilities in Virginia.
In the deal, the 500 Pfizer workers who make Advil, Chapstick and other products will now work for Fareva, which has an arrangement in place to spruce up the facility with a $42 million upgrade and add about 90 new jobs over 5 years.
Local economic development officials breathed an audible sigh of relief on the news. Pfizer had announced back in the spring of 2010 that it would shutter the plant as part of a big revamp planned for its manufacturing division. In acquiring the plant, Fareva also got the contract to continue supplying Pfizer.
"We have been looking for the right opportunity to expand our manufacturing footprint into North America and establish our pharmaceutical and cosmetics businesses in the United States," said Fareva CEO Bernard Fraisse. "The Henrico County site has a talented and motivated workforce and state-of-the-art manufacturing, packaging and warehousing facilities that are a perfect fit for growing our commercial portfolio in this region."
Based in Luxembourg, Fareva employs 5,500 and reported $1.2 billion in 2010 revenues. The company operates 28 manufacturing facilities in Europe and around the world.
- read the Henrico Citizen story


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The agreement “is the first result of the new strategic lines of development we recently adopted,” commented Vittorio Marangoni, chairman of the Marangoni Group.
Porto Alegre-based Vipal has 3,000 employees and claims leadership in the Latin American tire-retreading sector. It operates three plants in Brazil with combined production capacity of 18 kilotonnes/month.
With 1,100 employees, Marangoni has industrial and commercial facilities in Germany, Turkey, the UK, North America, China, Brazil, South America, Russia and South Africa.
Marangoni claims to be global brand leader in the ‘green’ tire retreading industry and in the design and construction of machinery for industrial companies in the sector.
The company also claims leadership positions in the production of industrial tires and the manufacture of compounds for technical products.
Parent company Marangoni SpA has 366 employees and is based in Rovereto, where the group HQ are located, added the press statement.


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US reality TV star Kim Kardashian West has joined the elite club of the super-rich (in case anyone had any doubts) by achieving billionaire status.
Her net worth reached $1bn (£720m) thanks to her cosmetics and clothing interests as well as income from TV, endorsement deals and investments, Forbes business magazine says.
She is now one of the 2,755 figures on Forbes’ World’s Billionaires List.
Amazon founder Jeff Bezos leads the pack with a net worth of $177bn.
Other Americans added over the past year include Bumble dating app founder Whitney Wolfe Herd ($1.3bn), filmmaker Tyler Perry ($1bn) and Miriam Adelson ($38.2bn), widow of casino magnate Sheldon Adelson.
Kim Kardashian West’s estranged husband Kanye West is already on the list ($1.8bn) but her half-sister, Kylie Jenner, was removed last May by Forbes. The magazine alleged her family had inflated the value of her cosmetics business.
How did Kim make it?
Forbes calculated that the 40-year-old’s worth had risen to $1bn from $780m in October thanks especially to her stakes in the KKW Beauty cosmetics business and the Skims shapewear company.
KKW Beauty was launched in 2017 and Skims just two years ago after the initial brand name Kimono was dropped following accusations of cultural appropriation.
Ms Kardashian West sold 20% of KKW Beauty to cosmetics giant Coty last year for $200m, in a deal valuing the business at $1bn.
Her most recent project Skims offers underwear and loungewear in the founder’s signature minimalist style, and has proven successful during the work-from-home era.
The celebrity has used her huge social media presence (213m followers on Instagram; 69.7m followers on Twitter) during the coronavirus lockdowns to promote Skims loungewear.
She first found fame in 2007 as the star of the E! Television reality series about her family, Keeping up with the Kardashians, and has remained hugely popular since.
In February she reportedly filed for divorce from rapper Kanye West after being married for almost seven years and having four children together.
Christopher Sam is a savvy web designer and developer with advanced knowledge in Search Engine Optimization. The certified Google Trainer is also a trusty contributor to this website.


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BARCLAYS is moving more than 500,000 business customers onto a new set of accounts over this year, the bank said yesterday, to consolidate its SME (small and medium enterprise) operations. Around 60 per cent will be better off or pay no more than £1.50 per month extra, the bank said. But that leaves 40 per cent, around 220,000, paying more. Barclays said it hopes customers will prefer its new structure, arguing it is more transparent and fair. For the 30,000 firms that face an increase in their charges of more than £25 and more than 20 per cent, the bank intends to cap the new fees. Those firms will have their bills limited to no more than 0.5 per cent of monthly debit turnover. Barclays introduced two new accounts in May 2013 – Any Payments, for customers with online and mobile needs, and Mixed Payments, which is for those with cheques and cash. It wants to consolidate its operations as the firms are on a range of packages currently. Some customers pay no fees, while others receive discounts, a set up which the group wants to end. In future only new firms will get free banking, and then only for 12 months. Barclays does have a loyalty scheme in place which will lead to lower fees for customers who have been with the bank for several years. A trial of the system has begun in the north west, and is set to be rolled out nationwide over the year.
Monday 20 January 2014 12:03 am
Barclays ends free banking for most SMEs


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Women are FOUR times more likely to seek out affairs after a lackluster Mother’s Day, according to cheating website
Mother’s Day this year was a success for some, a letdown for others, and for many women across the U.S., such a disaster that it sent them into the arena of affairs.
AshleyMadison.com, the world’s biggest cheating website, has revealed that 17,000 moms signed up to their site on Monday in hopes of hunting down extramarital liaisons.
That is over four times the number of a usual run-of-the-mill Monday, reports AshleyMadison – which boasts 26 million members worldwide and whose slogan is: ‘Life is short. Have an affair.’
As ever in Bad PR, separating the message of the data from its source is impossible – instead of real sociological research, this is nothing more than an online hook-up site touting for business in a national newspaper.


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Sensory, an artificial intelligence (AI) technology company, is bringing chatbots to consumer electronics through new additions to its TrulyNatural line of embedded natural language speech recognition engines.
TrulyNatural was augmented with a chatbot engine which can be used for dialogue management and scripting, as well as talking avatar technology to enable accurate avatar movements such as lip-synchronisation.
The company explained the additions will help developers create apps with a voice driven interface which offer “a more conversational style” and take advantage of embedded text-to-speech to drive an avatar interface.
Todd Mozer, founder and CEO of Sensory, explained to Mobile World Live voice and talking avatars can be the new interface for apps.
For instance, he said Starbucks announced a voice-centric app users can talk to, but with Sensory’s new technology the app could also have an avatar and: “a chatbot that actually helps you correct errors by asking things like “what size?” If you leave that off your order”.
“It can apply to almost any app from banking, to enterprise, even gaming could use this sort of technology,” he added.


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The R-Rated GTA V has recently been re-released for the next-gen PS4 and Xbox One consoles and has been taken down from shelves at Target and Kmart following a Change.org petition which claims the game is violent against women, but is this the case and will Big W and others fold next? Take Two and the IGEA respond.
The Oculus Rift, a virtual reality headset currently in development by Oculus VR, has received a number of hardware updates for its latest showing at this year’s CES conference.
Nice Article.. this article explore everything.. Thanks for sharing such a wonderful blog.I have gained a lot of knowledge from[…]
One of Australia’s very woke CEOs leading a business that has ripped off Indigenous people, accused of overselling to seniors,[…]
Thank you for the data shown on this article. It's a bumpy ride for Australia but on the other hand,[…]
I am really not surprised that the ABC has resorted to monetising its data.When the Coalition Government is doing everything[…]
Thanks Peter! A story well worth reporting.A tiny step in a better direction except that 2035 will be far too[…]


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Southeast Asia's e-commerce sales to reach $166b by 2026
It posted a more than 30% growth last year.
E-commerce sales in Southeast Asia are expected to reach $166b by 2026, following an over 30% rise in 2021, according to Euromonitor International.
Sales in the e-commerce sector reached $69b last year, up from $52b in 2020. In 2019, e-commerce sales in Southeast Asia were at around $34b.
Sea Limited, the owner of the e-commerce platform Shopee, was the top retailer in the region with $16.06b in sales in 2021.
Whilst the region is a “lucrative target for e-commerce players,” Euromonitor said Southeast Asia, which is home to over 500 million people is composed of diverse ethnicities, cultures, religions, and online shopping habits.
“Conquering this market is complex. Regional e-commerce players must create localised strategies like search engine optimisation for respective countries and languages or product lines catered to various cultural needs,” it said in the Top 100 Retailers in Asia report.
“Pricing, marketing and customer service also need to reflect individual market dynamics. When well-executed, localised approaches give retailers and manufacturers a steadfast and longer-term competitive edge,” it added.


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When the Government, exasperated at the continuing postal dispute, suspended the letter monopoly for a month, no-one seriously expected a rash of private carriers to enter the marketplace with letter services for under £1—or anywhere near it.
Most believed the Government was simply pasturing, taking advantage of the dispute for a bit of pre-election union bashing allied to a message that Post Office privatisation might still be placed, albeit gingerly, back on the Tory agenda.
However, there is no doubt that private carriers have gained from the dispute, without cutting any of their prices. All freely admit they do not have the resources to compete with the Royal Mail but all have customers willing to pay whatever it takes for the delivery of urgent business-to-business correspondence.
"It's not economic to carry items at less than L1 without the Royal Mail's economy of scale,"says Alan Jones, managing director of TNT Express. "But during strike days we've had a lift of 20%."
The increase comes from business customers. Members of the public who infrequently send letters are unlikely to be affected by one-day strikes, adds Jones, but bulk users such as directail operations are increasingly inhappy. And the threat of a fourlay stoppage at the end of August is adding to their consternation. Jones is keen that the Royal Mail should be privatised: he thinks everyone, including the Post Office, would benefit "from
the type of efficiencies other privatised businesses have enjoyed". He believes the Post Office compares well with any other postal service in the world but that too many days are lost through strikes--and not just this summer. He points to the less-publicised disruption caused by disputes at local sorting offices.
"You can't be certain that guaranteed next-day services offered by the Royal Mail will get through," he says.
Rival operator Securicor has been watching the progress of the dispute closely. Its two express services, Securicor Omega Express and Securicor Pony Express, have both seen significant increases in volumes during the strikes, says Securicor marketing director Denis Norton. The main increase has been in small packets and urgent documents."
The company's strategy has been to ensure that any additional capacity is available to existing customers. Some major accounts have mailed an additional 5,000 items on strike days, all business lost to the Post Office. But Norton agrees that lifting the letter monopoly has had little impact in itself.
"For less than £1 an item you are not going to switch resources," he says. The point at which Securicor will become seriously interested is if the Government lifts the monopoly permanently: "We could become involved with a business-to-business mail service—we are investigating the opportunities now."
Norton recognises that this is little more than cherrypicking a profitable area: "Ti all the carriers came together they could not match the Royal Mail." In the short term, he believes the Royal Mail has to find a resolution to the dispute. In the long term, he believes the Government must still be considering privatisation,
A similar tale of benefiting from the postal disarray is told at Interlink, where chief executive Peter Gent boasts an upturn of 1015% on strike days.
"It's down to existing customers sending their very urgent mail and to non-account new customers sending their urgent mail," says Gent. "What's more, in every strike going back to 1986, we have kept about 30% of new customers. They suddenly realise there is an alternative and it does not necessarily cost that much more."
Many small customers get a pleasant surprise when they find out that private couriers collect their mail. If postal workers do strike for four days, Gent anticipates a marked difference in customer reac lion to the one-day stoppages.
"Most companies can cater for a one-day strike but when it becomes four, it's not just about despatching it's about the receipt of cheques," says Gent. Should that happen, he anticipates a substantial increase in business but he is dismissive of any genuine likelihood of serious head-to-head competition with the Royal Mail.
"There is a lot of rubbish talked by carriers about taking on the Post Office at under £1," he says. "No-one could do that unless they had years of notice and billions of pounds to invest We are not in the same ballpark. While the better carriers offer a better service than the Post Office, we are minute in comparison."
At City Link, marketing director David Kennard admits to a marginal upsurge in business but adds: "We have never seen our service as a viable alternative to first-class post"
However, in the last dispute, which involved Parcelforce as well, the company was "inundated with business". City Link has 66 depots and specialises in services ranging from same-day delivery at the premium end to guaranteed next-day by 7am, by 9am, by 12 noon and by the end of business. But Kennard realistically assesses that the best letter service they could offer would be restricted to businesses in major conurbations. He is doubtful that a deregulated Post Office would attract many takers.
"Anyone who steps in would have to work out how they deliver imported mail, from the US from example, and where the revenue would come from," he says.
The Post Office, for its part, is aware that its customers are in danger of being poached, not just from Royal Mail but from Parcelforce as welL Last week it invited the three postal unions to meet Post Office chief executive John Roberts to discuss the effects of a Government threat to suspend the letters monopoly for a further three months if the dispute escalates.
"We take the threat very seriously," says a Post Office spokeswoman. The Communication Workers' Union points out that negotiations had continued for 18 months before strike action took place. It has since achieved one of its main objectives, a 35-hour, fiveday week but this offer has been withdrawn because the unions refuse to agree to team working and a claimed threat to second deliveries. "If all the il went on one delivery, includ ing junk mail it could not be guaranteed by 9.30am and t purpose of a first and secondclass stamp )old be defeated," says a union spokeswoma
The union does not believe the complex team-workin proposal, which would bring together gro ( if six to 10 workers under a team leader, ci old work: "How can a long-distance deliv driver or two people working in a small sorti g office fit into such a structure?" contin es the spokeswoman. "If the Post Office re Ily wants to talk about efficiency, we are ha y to do so. Productivity in the last 15 years s increased by 15°o—we have the most profi ble post office in Europe." "tj by Patric unnane


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Earlier this week NSW Health launched the confronting video filmed by Concord Hospital respiratory specialist, Dr Lucy Morgan, that includes three younger Sydneysiders telling their tales. That is one of the best end result we may’ve hoped for, I think the health minister has simply brought us a couple of donuts to have fun’ Mr Miles mentioned on the Redcliffe Kite Festival in Brisbane’s north. Both Mr Miles and his spouse and three kids, and Health Minister Yvette D’Ath and her husband and two children, live within the Redcliffe area. Holmes, 37, sat, flanked by three of her legal crew, occasionally wanting on the potential jurors, sometimes taking notes. The family of 5 caught the virus after a group of three males travelled from NSW – two of which examined positive for Covid – and one stayed with the father from the household. Among the potential jurors interviewed included one whose good friend discovered which case she had been assigned to, and began bombarding her with texts and links to news tales. Thankfully they didn’t develop extreme toxicity but it didn’t assist their Covid both,’ Dr Gunja wrote on Western Sydney Local Health District’s webpage. U.S. pharmacy price. These costs are for brand title medications listed on our webpage compared to the common U.S. All one of the best nerve supplements can be fairly useful for somebody primarily because many of these formulation are equally filled with loads of multiple vitamins, vitamins, and in addition natural extracts.
Critically, cannot believe you suppose we’re that bloody stupid! Walgreens, one of the nationwide pharmacy chains that partnered with the federal authorities to distribute vaccines, is responsible for essentially the most waste at 2.6 million doses. Ms El-Nachar who needs the assistance of breathing tubes, had received her first dose of the vaccine but is thought to have contracted the crippling respiratory virus while working at a pharmacy in Greenacre, in Sydney’s southwest. Professional teeth whitening at accredited dentists can price as a lot as $260 per tooth, while skilled take-home kits price a mean of $610 – nearly seven instances more expensive than well-liked dwelling kits from manufacturers akin to Advanced Teeth Whitening. Under current Australian legal guidelines, only dentists can use whitening merchandise that include greater than six p.c hydrogen peroxide – an lively whitening agent used in over-the-counter and professional teeth whitening products. The warning follows a move by the patron watchdog, the ACCC, to allow dentists to provide patients stronger whitening products in take-house kits, successfully opening entry to products from the US. Dr Gunja said Westmead Hospital had additionally admitted different patients who attempted treat Covid with a wide range of harmful merchandise – together with disinfectants and alcohol. Also introduced on Saturday is that Queensland is to make vaccinations for health staff obligatory from October.
Instead, she would be the sufferer; an idealist who bought into the Silicon Valley tradition of ‘faux it until you make it’ somewhat too much and whose only ‘crime’ was an excess of optimism. Of those who whitened, 53 per cent used kits bought on-line, or from a supermarket or pharmacy, and almost sixty five per cent of survey respondents mentioned they were not aware of the dangers of whitening their teeth with out a dentist. More than 50 p.c used kits bought online or from a supermarket or pharmacy, and in an alarming revelation nearly sixty five p.c of these surveyed mentioned they’d no idea in regards to the risks of residence whitening. Australians who use DIY teeth whitening kits with out consulting a dentist danger irreversible harm that may go away them wanting ‘bizarre’, consultants have warned. Their explicit main use is throughout high blood pressure, affected by diabetes nephropathy (renal system harm attributable to diabetic issues) along with congestive coronary heart malfunction. Theranos’s implosion began with a 2015 Wall Street Journal article in which a whistleblower revealed Theranos’s know-how to be beset by points that meant that only a very few of the 240 tests the company provided had been actually analyzed utilizing it in any respect.
It’s the identical factor that is used for infrared sauna in Nassau County, one thing different from the normal kind utilizing heated air or steam. For steerage, test the National Oceanic and Atmospheric Administration’s Air Quality Forecast Guidance. The Therapeutic Goods Administration said importations of the drug surged in current months, to the purpose the place there is a nationwide shortage for farmers. There is no such thing as a purpose to dispute this. I am not saying take the drug. A British Army soldier hooked up to the Royal Marines has been jailed after selling robust painkillers used for most cancers treatment on Snapchat. He bought them from his ex-girlfriend on the time, whose father was utilizing them for his cancer therapy. Statistics from the Centers for Disease Control and Prevention (CDC) present that obesity affects more than 40% of American adults, placing them at higher danger for heart illness, stroke, kind 2 diabetes, and sure kinds of cancer.


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One of the world’s richest women, and the richest black woman as at 2012, billionaire oil tycoon Folorunsho Alakija recently acquired four brand new 2013 G-Wagons for her four sons, according to a report by Society Now.
Sources claim all four vehicles were ‘specially imported’ and an insider revealed that each of these custom made cars, cost about N22million naira (minus shipping cost).
Mrs Alakija is said to be worth about $600m (as of 2012) and makes about $1m daily from her oil business. She also has a real estate portfolio worth over $100 million.
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RUSCON Group opens Dutch subsidiary in Rotterdam
As part of its European expansion program, RUSCON Group, a Russian container transport company, established its Dutch subsidiary Smartcontainer BV. The new company will provide logistics services to European shippers in cooperation with Delo Group am, also Russian, transport and logistics holding. “Our new company Smartcontainer BV is strategically a new milestone for our expansion of services in Europe,” commented Sergey Berezkin, President of RUSCON Group.
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