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The ferry terminals in Munshiganj’s Shimulia and Madaripur’s Banglabazar are teeming with large crowds despite the ongoing lockdown restrictions on travel following the government’s announcement of factory reopenings.
Garment factories and other manufacturing plants will reopen from Sunday, which has pushed thousands of people to try and make the trip to Dhaka, according to BIWTC officials, reports bdnews24.com
Factories were closed from Jul 23 as part of the government’s efforts to curb the COVID pandemic, but pressure from factory owners has forced the government to backtrack.
On Friday, a notice from the Cabinet Division said that factories would be exempted from lockdown restrictions from 6 am on Sunday.
Scores of people have been crossing a rough Padma River since Saturday morning, while ignoring the health and social distancing directives.
As buses and other public transport are suspended amid the lockdown, people came to Banglabazar on motorcycles or three-wheelers on Saturday to catch the ferry.
Launch and speed boat services are also suspended, leaving ferries to bear the brunt of the passenger rush. People swarmed onto the vessels without heeding regulations and many were without masks.
“Garment factories reopen on Sunday,” said Shahadat Hossain, a passenger who travelled from Barishal. “We have to get to the factory and have faced many difficulties on the road. If the government had resumed public transport and launches, we wouldn’t be suffering like this.”
“We are poor people,” said a garment worker named Iti. “We have to work to eat, but the government isn’t doing anything for us. On the one hand, we are under a lockdown, but, on the other, factories are reopening. What are we to do? We only suffer. And we have to pay nearly ten times the usual rate to travel.”
Currently, 10 ferries are running from the Banglabazar Port, said Md Salahuddin Ahmed, BIWTC manager at Banglabazar Port.
Meanwhile, the Shimulia port is also overflowing with travellers as the authorities struggle to cope with the rush of passengers with the 10 ferries at their disposal.
Seven ferries are currently out of service after failing to cross the turbulent Padma with the heavy passenger load.
Passengers were streaming into the ferries even though the vessels are only operating to transport emergency service vehicles across the river.
“People are rushing to the ferry terminal like it’s a competition to see who comes first. The health and safety rule are nowhere to be seen. Many are not even wearing masks,” said Md Shafiqul Islam, assistant general manager of BIWTC.
Many are also trying to reach their destinations in covered-vans and Nasiman, a local passenger vehicle, after arriving at the terminal as public transports remain grounded. Deterred by the excessive fares, many are returning to the capital with their families on foot, said the BIWTC official.
Police, army and BGB personnel are working to enforce the lockdown restrictions at the terminal. Regular mobile courts are also being conducted for breach of health guidelines.


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Ikea, the Swedish-owned home goods company popular for its low prices, admitted Friday to using East German political prisoners for forced labor in the 1980s, the New York Times reported.
A report by Ernst and Young found that Ikea knowingly used and benefited from forced labor, the New York Times reported. The report was commissioned by Ikea in May, following accusations that forced labor was used with employee knowledge.
According to the Los Angeles Times, investigators examined 100,000 documents from Ikea and Germany, interviewed 90 people and set up a tip hotline.
Jeanette Skjelmose, Ikea's sustainability manager, expressed the company's regret in a statement. The company said it will donate funds to research on forced labor in East Germany, the LA Times reported.
According to the New York Times, Ikea is not the first company revealed to have used East German forced labor, though the actual number is not known.

domain: news


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Chennai, Mar 2 (PTI) An NRI backed Adpay Mobile Payment Pvt ltd has planned to launch new telecom service ‘Aerovoyce’ by next month, targeting five lakh customers in first year of operations, a top official said today.Also Read - Tamil Nadu Lockdown Update: Devotees Barred From Entering 22 Temples in Madurai till This Date | Full List Here
The company as part of launching the mobile service would invest about Rs 300 crore besides generating employments to 1,000 people, Adpay Mobile Payment India Pvt Ltd., Founder-CEO, Sivakumar Kuppusamy said. Also Read - Centre Urges States to Impose Lockdown-like Restrictions in Districts Reporting Positivity Rate Above 10%
In September 2016, Telecom Ministry said it had received nearly 70 applications for providing telecom services soon after guidelines related to virtual network operator was launched. Also Read - Tamil Nadu Lockdown Update: Govt Extends Restrictions Till August 9, Check What’s Allowed, What’s Not
The virtual network operator (VNO) will be an entity providing telecom services like mobile landline and Internet, but only as a retailer for full-fledged telecom operators such as BSNL, MTNL, Airtel and the like.
“We are planning to launch the service in Tamil Nadu, Chennai and Puducherry circles on April 14. Our capex (capital expenditure) will be around Rs 300 crore”, Kuppusamy told PTI.
“Aerovoyce is new branded telecom. We will pay for the infrastructure from them (existing mobile operators) since we do not own a spectrum. We will be operating through VNO service. Our target is to get five lakh subscribers in first year of operations”, Kuppusamy said.
He said he had already invested in couple of telecom companies in Switzerland, Germany, Spain, Austria. “Though I have investments there (in foreign telcos), here I will be holding full control (of Aerovoyce)”, he said.
This is published unedited from the PTI feed.


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Crawford Furniture Manufacturing Corp., a 127-year-old furniture manufacturer and retailer, has filed for bankruptcy protection but says it plans to honor all orders.
The Jamestown company submitted a "bare bones" Chapter 11 filing for bankruptcy protection Thursday afternoon.
A hearing date has not yet been scheduled, but the case will eventually go before Carl L. Bucki, the chief Judge for the United States bankruptcy court, Western District of New York. Two separate filings covered the retail and the manufacturing sides of the business.
Crawford said it anticipates it will be able to fulfill all current sale orders, and that all manufacturer and extended warranties will remain in force.
Michael Cappa, the company's president and chief executive officer, said bankruptcy has been "in the back of [his] mind," as the company struggled through financial difficulties during the past four or five months.
Furniture orders, through Crawford vendors and its retail outlets, have slowed drastically during the recession, Cappa said. In addition, the company's medical insurance costs increased by 30 percent, he said.
"Everything hit me all at once," Cappa said.
Customers complained of long delayed orders, as Crawford said its lead times doubled from six weeks to about 12 weeks. Online consumer reviews showed pages of disgruntled customers, some of whom said they had been waiting more than four months for furniture they had paid thousands of dollars for in full.
The company has an "F" rating with the Better Business Bureau due to 38 complaints filed against the business, 28 of which have gone unaddressed.
Crawford closed its manufacturing facility Aug. 15 and laid off workers.
"I had to close it temporarily to get out of this plight," said Cappa.
Cappa found himself locked out of his Hamburg store and Cheektowaga warehouse last week after missing rent payments to landlord Benderson Development. Those two locations reopened Friday.
Crawford has retail outlets in Amherst, Hamburg, Lakewood and Lockport and offices in Jamestown and a warehouse in Cheektowaga.
Crawford is the last solid-wood furniture manufacturer left in Jamestown. The area was formerly home to the second-largest wood furniture industry in the nation because of its location in what was then a densely forested southwestern New York State.
"During these difficult economic times, Crawford Furniture will continue to labor and find a way to keep selling a great American-made product," said the company in a statement.
Customers with questions can call 661-9100.


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Pitney Bowes Inc. has created PB Direct, a new functional area to complement its direct sales force, the company said yesterday.
PB Direct, led by Neil Metviner, will manage Pitney Bowes' small-business customer base and acquire customers through the delivery of additional services and products. PB, Stamford, CT, said it would use direct mail, telemarketing and the Internet to market these services and products to new companies.
The new organization will be part of Pitney Bowes Global Mailing Systems and report to Murray Martin, executive vice president and group president, Pitney Bowes Global Mailing Systems.
PB Direct will also centralize customer care for the enterprise to ensure a consistent and improved overall customer experience. In addition, the company is working with Siebel Systems, the customer relationship management software and solutions vendor, to create a customer-facing platform designed to enhance its business-to-business marketing capabilities.


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"The Florida Small Business Development Center Network (FSBDCN) is proud to announce the selection of Congresswoman Ileana Ros-Lehtinen as the 2008 Small Business Dividend$ Award winner," says Jerry Cartwright, FSBDCN State Director.
Serving the 18th Congressional District since 1989, Congresswoman Ros-Lehtinen has been a long-time champion of small business as evidenced by her outstanding support for legislation that ensures small businesses continue to be the engine of economic growth. Her pro-business votes have supported legislation to eliminate taxes targeting small and family-owned businesses; reduce regulations that are harmful to small businesses; open new markets for U.S. businesses through free trade agreements; and provide funding increases to SBDCs for initiatives such as innovation and energy efficiency opportunities; and much more. In this Congressional session, alone, Congresswoman Ros-Lehtinen co-sponsored the Permanent Internet Tax Freedom Act, the Withholding Tax Relief Act and the Death Tax Repeal Act, all of which are vital concerns to small businesses.
"I am honored to receive this award for 2008," said Congresswoman Ros-Lehtinen.
"Having been raised in a small business family, I truly understand how important small businesses are to the well-being of our economy at all levels. I want to take this opportunity to also recognize the great work of the Florida Small Business Development Center Network, and the support it provides for promoting small businesses and economic growth in Florida ."
FSBDCN staff used 19 specific small business issue votes to determine the 2008 Dividend$ winner and her voting record was 90% positive. Congresswoman Ros-Lehtinen's legislative sponsorship, advocacy support and votes are truly significant. Her many accomplishments that encourage the success of entrepreneurs and small business have been recognized by bi-partisan independent groups including the National Federation of Independent Business with its Guardian of Small Business Award and the U.S. Chamber of Commerce with its prestigious Spirit of Enterprise Award.
The Dividend$ Award will be presented to Congresswoman Ros-Lehtinen at a special event in Miami , Florida .
The FSBDCN implemented the annual Dividend$ Award to acknowledge a Floridian whose service to the state has included strong support of small business issues. Past Dividend$ award winners include: John Mica 2007, Bill Nelson 2006, Ander Crenshaw 2004, Bob Graham 2003, Bill Young 2002, Connie Mack 2001 and Andy Ireland 2000.
The FSBDCN, funded in part by the US SBA, is a statewide economic development partnership between higher education and other stakeholder organizations dedicated to providing entrepreneurs and established businesses with the assistance needed to start, grow and succeed, contributing to the Florida economy. For more information about the FSBDCN, visit www.FloridaSBDC.org.


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MixFormer TNW Writer
Mix is a tech writer based in Amsterdam that loves cinema and probably hates the movies that you like. Tell him everything you despise about Mix is a tech writer based in Amsterdam that loves cinema and probably hates the movies that you like. Tell him everything you despise about his work on Twitter.
Apple might be gunning to begin building its upcoming iPhone 8 earlier than usual this year, Barron’s Tech Trader Daily reports.
John Donovan and Steve Mullane from BlueFin Research Partners told the outlet there is “some indication” the Big A is ramping up production for its next-generation smartphone ahead of schedule, with plans to start supply chain as early as June.
The sources further say that, while Apple could indeed begin putting together its revamped iPhones in advance, this might not necessarily lead to any changes in the usual fall release period.
Here’s what BlueFin wrote in its report:
The most intriguing data points that we have uncovered suggests that AAPL is ramping the next generation iPhones earlier than historical norms, although we have no indication that there has been any change in release plans for the iPhone 8/X.
Donovan and Mullan further add that overall quarter builds for this year have increased from 45 to 48 million compared to last June.
As MacRumors remarks, moving up the production date seems like a logical decision given the radical changes expected in the iPhone 8. This will not only give Apple a wider window of time to sort out manufacturing issues, but also provide better supply upon launching.
It also ought to help them avoid technical issues like the iPhone 6’s battery woes as well as the much-dreaded ‘Touch Disease.’
Among other things, Apple’s next-gen flagship handset is slated to come in an all-glass design with a stainless steel frame as well as an all-new OLED display.
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November 2, 2012
Every now and then, Fabindia Managing Director William Bissell is a man possessed. Images linger before the 46-year-old Indo-American that haunt him from time to time. There was this time he walked into a store to see an old HP printer being used as a foot-rest. Instead of repairing the printer, the staff had this couldn't-careless attitude. Ironically, Bissell owns the same model and it has been with him over the last decade. "This really drove me mad because if it were their printer, they would have got it fixed," he says.
July 25, 2012 |
NEW DELHI: As William Bissell prepares Fabindia for an IPO sometime in the future, he will have to wrestle with the task of reconciling the interests of two diverse sets of shareholders - poor artisans on the one hand and a global luxury brand on the other. Artisans from 212 districts supply all the ethnic garments and other similar merchandise stocked in 162 Fabindia stores across the country. They artisans have helped Fabindia become one of the most profitable retailers in the country with revenues of about Rs 500 core and net margins of around 8-10%.
April 18, 2014 |
NEW DELHI: Indian ethnic clothes maker Fabindia will unveil its Western wear brand 'Fable' next week. Fabindia will introduce Fable line in 10 stores in New Delhi, Mumbai, Bangalore and Chennai in the first phase of the soft launch and then plans to take it nationwide. Ethnic as an everyday wear is passe, William Bissell, the second generation owner of Fabindia had told ET in January. "It's a part re-invention. The market for ethnic clothing is for occasions or when people feel patriotic but ethnic as everyday wearing is not prevalent anymore.
October 10, 2011 |
NEW DELHI: Marquee ethnic wear chain Fabindia has acquired majority stake in the UKbased womenwear retailer EAST. The New Delhi-based Fabindia has the option to buy the balance stake and take full control of the foreign retailer within a year, said a top company executive. Although the deal size could not be independently ascertained, industry insiders peg it between Rs 35-40 crore for 62.5% stake. "With the acquisition, we have the option of getting EAST products into India and also improving our apparel line using their design capabilities and technology," said Sunil Chainani who represents Fabindia on the board of EAST.
October 5, 2008 |
LONDON: Fabindia, an Indian retailer specialising in ethnic Indian design and fabrics, is in talks with East, UK's bohemian womenswear retailer that pioneered the sale of Indian fashion garments. The talks, held amid a severe downturn in high street sales, were thought to have broken down over a disagreement on East's value but leading investors in the British company feel the deal could still be revived, The Sunday Telegraph reported. A deal with Fabindia could make sense.
April 17, 2014 |
NEW DELHI: Fabindia, an Indian ethnic clothes maker, will unveil its Western wear brand 'Fabel' next week in a country where the population of urban youth is slated to touch 464 million by 2021. Ethnic as an everyday wear is passe, William Bissell , the second generation owner of Fabindia had told ET in January. "It's a part re-invention. The market for ethnic clothing is for occasions or when people feel patriotic but ethnic as everyday wearing is not prevalent anymore.
February 21, 2008 |
NEW DELHI: Ethnic retail chain FabIndia is embarking on a pan India expansion to take its total number of stores to 250 by 2010, which could entail an investment of around Rs 200 crore. "Our current number of stores is 78, which we plan to increase to 250 by 2010," FabIndia Managing Director William Bissel told reporters here on the sidelines of Technopak Retail Summit here. By next year the company plans to open 80 new stores at an estimated investment of Rs 70 crore When asked about the total investment for its overall expansion, Bissel declined a direct reply but said per store required about Rs 30 lakh on interiors and another Rs 50 lakh on inventory.
January 29, 2014 |
NEW DELHI: Starting this summer, there will be less of India in Fabindia, and the company is hoping its jackets are seen to be as chic as its kurtas are. Fabels will be Fabindia's new western wear line and the design philosophy for the jackets, shirts, trousers (for men and women) and tops and dresses (for women) is courtesy a man who's worked with high-end labels like Givenchy, Chloe, Valentino and Cerruti. Alistiar Blair, who's working out of Goa, has finalised the first two Fabels lines, and they will be displayed at 30 re-conceptualised Fabindia stores from April onwards.
February 27, 2013 |
NEW DELHI: In a first, ethnic retail chain Fabindia has teamed up with artist Trishla Jain for a limited-edition collection of furniture , furnishings , giftware , ceramics and garments inspired by the young painter's art. Kaleidoscope Eyes, launched on February 22, opens a year-long series of collaborations with artists and master craftsmen for Fabindia. Indian brands have previously collaborated with fashion designers, like Bombay Dyeing with Sabyasachi Mukherjee and Titan with Wendell Rodricks and Rohit Bal , but have never partnered with artists.
October 24, 2011 |
KOLKATA/NEW DELHI: Retailers are countering the economic slowdown by offering interest-free equated monthly instalment (EMI) schemes, which they say are not only helping them pull customers into stores but also encouraging shoppers to buy higher value products. Such EMI-based sales promotions have staged a big comeback at a time near double-digit inflation has put a heavy strain on household budgets, making people defer non-urgent and big-ticket purchases even on credit because of hardening interest rates.


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New tenant at Daleville Town Center
Williams Supply, Inc., a lighting supply store, will occupy 1,559 square feet of the new retail area of Daleville Town Center, according to information handed out by Fralin & Waldron, Inc. during a recent showing of its first residential home on River Birch Drive.
Williams Supply will have a lighting showroom with a broad assortment of residential lighting. The company is a local employee-owned and operated concern with seven locations in the state.
Fralin & Waldron, the developer of Daleville Town Center and a large real estate company, will also occupy a large portion of the retail outlet. The retail center is located off US 220 across from Orchard Marketplace, a new strip mall development that will feature a Food Lion. Food Lion is expected to open soon.
Daleville Town Center last week unveiled its first home, which earned an EarthCraft Homes gold certification. The 300 dwellings to be built at Daleville Town Center will be energy efficient with architecture designed to complement the landscape of Botetourt County. Homes will have all modern amenities.
The new development, which likely will take 10 years to finish, is a town in the making. It will offer walking paths and sidewalks. The developers goal is to create a green community similiar to Celebration in Florida.
- A. J.Firebaugh
Tell them you read it first on the Botetourt County News Blog!


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In an announcement that made parents everywhere scratch their heads in disbelief, the American Academy of Pediatrics issued a statement last month questioning whether organic food was really any better for children than conventional food.
The statement, which was published in the Journal Pediatrics, comes on the heels of a Stanford University study touting similar conclusions.
Dr. Janet Silverstein, a pediatric endocrinologist at the University of Florida in Gainesville and co-author of the Academy’s statement, said that the science is lacking as to whether eating pesticide-free food makes people any healthier.
Hold on just one minute!
The American Academy of Pediatrics actually needs “rigorous” scientific data to prove that eating food without poison is better than eating food with poison simply because the poison is “within safety limits”?
Doesn’t this strike you as just a wee bit ridiculous and tantamount to saying that science hasn’t proved that the sun comes up in the morning so we are going to assume it doesn’t until further studies are done?
As my grass-fed dairy farmer is fond of saying, “You just can’t fix stupid”.
For those of you who might have been more than a little confused by this statement, I filmed a brief video to discuss organic versus conventional food as it relates to fresh produce.
I also attempt to clarify the not so obvious point that locally grown fruits and veggies are where it’s at nutritionally speaking even when compared to organics.
Interesting how the American Academy of Pediatrics statement completely omitted this salient point!
The video also discusses how to best clean off pesticide residue from locally grown produce that might have been minimally sprayed or simply not “certified organic”.
What did you think of the American Academy of Pediatrics’ statement? Did you laugh and shake your head as I did? Did you roll your eyes in dismay? Will you change any of your buying habits as a result of it?


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Indian Art: Fakes and Frauds; Tribes and State Policymakers Take Steps to Protect Native Arts and Crafts
Kaufmann, L. Jeanne, State Legislatures
It is art from the heart, the soul and the culture. The geometric lines, the vibrant and earthen colors. The shimmer of silver and blue of turquoise. The fine weaving and the richly designed basket.
American Indians celebrated their culture through their arts. And then it became popular...
D.Y. Begay, a Navajo weaver, says that art is an integral part of life, culture and traditions that are represented by various forms, symbols and colors. Her weaving is a strong part of her life and is very important to her and to her family. "The weaving traditions are associated with our womanhood. Weaving is a special gift and it is our responsibility to carry out the traditions of weaving."
While Begay's nimble fingers celebrate her heritage, people pay considerable sums for the handwoven Navajo blankets that result. And that popularity has been the native artisan's downfall.
In order to capitalize on the popularity, unscrupulous dealers and traders have flooded the market in Southwestern states, particularly with Navajo and Zuni knockoffs. Kate Duncan, art history professor at Arizona State University, says the high demand by tourists allows dealers to easily bring in imitations. Southwestern jewelry is "easy to copy, it's fast, there's a market for it, and people make a lot of money on it," she says. Indian traditions, as well as livelihoods, suffer.
And quality suffers. In the case of Begay, imitations of her fine, handwoven work appear in blankets made with synthetic, not natural, fibers.
Eleven years ago, congress passed the American Indian Arts and crafts Act to protect Native American artists, as well as consumers. So far only two cases have gone to trial, although others are being investigated. "The process is very time-consuming," says Meredith Stanton, Director of the Indian Arts and crafts Board. complaints under the act are filed with the board, processed and then referred on to the Department of Justice (FBI) for investigation.
One case involved a South Dakota man and ended in a guilty plea and his promise to stop using the words "Native American" on items.
But the other case proves, how difficult prosecution can be. After going to trial, charges were dropped against Nader Z. Pourhassen who was accused of selling dream catchers as authentic, Indian-made products. The hoop and fiber artworks were actually made by Vietnamese factory workers in a plant near Salt Lake city, Utah. But the case was weakened when prosecutors discovered during the trial that one merchant who bought a dream catcher was "under no illusion that it was Indian-made." They also discovered that Pourhassen had at one time employed an American Indian in his plant. His attorney argued that the phrase "Indian-produced" in the law was too vague. "Is it sufficient that a member of an Indian tribe design and supervise the production?" he asked. The U.S. attorney's office said the new evidence weakened their case so that they "would not be able to sustain our burden beyond a reasonable doubt."
So states are wondering if they can do something about the problem. And 12 are trying with laws designed to protect native crafts and ferret out the imitations.
In Arizona, John Wall, an assistant attorney general, says his office works with a trader who often accompanies an undercover investigator to catch violators selling imitations. Lawsuits have been brought against dealers for violating Arizona's Consumer Fraud Act and the Indian Arts and Crafts Act. Wall says it is easier to catch and prosecute offenders under the fraud act because it requires fewer elements of proof than the more detailed arts and crafts act. Violations are civil, so offenders don't serve jail terms, but they are liable for civil penalties and restitution and must obey an order prohibiting deceptive advertising.
During the past two years, the state consumer fraud unit has filed five actions centered on imitation Indian products. …


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US chicken group Pilgrim’s Pride has posted lower sales and profits for the third quarter of the year.
The company said yesterday (26 October) that net sales were down at $2.03bn, compared to $2.11bn for the same period last year.
Pilgrim’s Pride booked a fall in operating income to $164m, versus the $231m it generated in the corresponding period of 2015. Adjusted EBITDA for the third quarter declined 23.1% to $210m.
Net income for the third quarter was also down, hitting $98.7m, compared to $137m in the same period in 2015.
However, CEO Bill Lovette said ongoing investments by the company “signify our commitment to look for new sources of potential earnings driver while lessening the impact of volatile commodity markets in the long run”.
Lovette said the company’s fresh business continued to perform well in the third quarter “driven by our differentiated portfolio strategy of having presence in all three bird sizes and strong relationships with key customers”.
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Retail demand for Pilgrim’s birds “remained robust despite concerns about greater availability of other competing proteins”, Lovetter said. “Within exports, volumes are also improving from a year ago, which improves value for the back half of the bird, and supportive of the overall cutout.”
Lovette said the market environment in Mexico during the third quarter “followed its normal seasonality and our team members were relentless and continued to improve on the operating performance of the legacy business as well as implement synergies with the newly acquired assets”.
“Despite the impact of unfavourable grain cost and exchange rate, our profitability in Mexico has remained steady compared to last year, which is a positive sign of the potential leverage we have within our operations,” Lovette said. “The outlook for Mexico remains very strong and we will continue to grow our offerings in the region, together with leveraging our strong fresh brand to leverage the growth of our prepared foods business.”
Earlier this year, Pilgrim’s detailed a $190m strategic capital investment plan, saying the cash would be used to “enhance growth” with key retailers as well as increasing production of its Pilgrim’s Pierce Chicken brand.
Looking ahead, Lovette said the conversion of the company’s existing facility to certified USDA organic chicken production “is proceeding well and we plan to have the first chicken to market in Q1 of 2017”.
Lovette added: “We are starting work on converting one of our case-ready plants to produce ABF, veg-fed chicken. Together with our prior announcements on organic and ABF Fresh chicken as well as further processed products, we believe the latest conversion reinforces our strategy to better resonate with new consumer trends for more natural products while adding further value to our portfolio and supporting the growth of key customers.”


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Japan is an exciting country with lots of market, but what are the best selling consumer products in Japan? Insider Monkey has recently published an interesting article about this topic. Nowadays we live in a consuming society, so we buy more and more things, even if we don’t really need them. We can buy the products personally, but instead we usually choose to do the shopping on the internet. As for me, I much prefer shopping on the internet. Not everything, because I usually buy the groceries and other food in the shop. When we speak about best selling articles, we need to check the certain country. For example what Japanese people love and buy – the other part of world does not necessarily sell well.
Now without a further ado let’s see what Insider Monkey has investigated for us. We have picked three of the best selling consumer products in Japan.
The first product should be Bath And Shower. These products can hardly decline in sales despite the poor economic conditions in many countries. Such is the situation in Japan too, where there is a great demand for bath and shower products which contain skin care benefits. They have seen a strong performance lately as consumers want their bath and shower products to be efficient as well as fragrant, for example, mineral-rich bath salts or antibacterial liquid soap. The second products can be Sports Nutrition. Sports Nutrition deserved a place on our list of best-selling consumer products in Japan, as it saw a 2% value growth last year and sales reached JPY 24 billion. This is largely due to the fact that more people are now physically active and do sport. It is expected that sales will continue to grow at a modest 1% rate in the future. At last, but not least, let’s check Video Games. Video games remain one of the best-selling consumer products in Japan with a 2% current value increase, according to the research. Sales reached JPY 1.4 trillion last year, which is a major improvement compared to the previous years. Sony’s PlayStation 4 and Nintendo Classic Mini are the leaders of this sales growth, and it is predicted that it will remain this way in the future.
For any further useful information, read Insider Monkey’s article about 10 best selling consumer products in Japan


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Amazon Starts Filling It’s ‘Spheres’ with Exotic Plants
The tech giant is building a large biosphere as part of its new $4 billion campus in Seattle.
Amazon is bringing a dose of fauna to the concrete jungle in high-tech fashion.
As part of its new $4 billion campus planned for a sprawling 10 blocks in downtown Seattle, the e-commerce giant is building massive biospheres.
Announced in 2016, Amazon’s “Spheres” finally are starting to take shape. The company made the first addition, an 11-foot Australian tree fern, to the biospheres Friday.
When completed in 2018, the greenhouse geodesic structures will be filled with hundreds of exotic plants. The company has big plans to go even further: Over 3,000 are being grown and tested for the “Spheres” by Amazon horticulturists at greenhouses outside of Seattle. Maybe a nod to the company’s namesake?
Over 3,000 are being grown and tested for the “Spheres” by Amazon horticulturists at greenhouses outside of Seattle. Maybe a nod to the company’s namesake?
Designed by NBBJ, the “Spheres” is designed to serve as a therapeutic refuge for Amazon employees with enough room for 800 staff members, Inhabitat reports.
Comprised of three greenhouses, the largest of them will be 130 feet tall and 90 feet in diameter.
Learn more about the “Spheres” in the video below.
This article was featured in the InsideHook newsletter. Sign up now.
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Food waste is a huge concern across the industry. Figures from WRAP state that total household waste stands at 7.1 million tonnes. Plenty of produce is cast aside before even reaching the plate of the consumer. When it comes to the UK, the focus on aesthetics is a big part of the issue, as consumers have become used to ‘perfect’ fruit and vegetables in particular, being presented by the supermarkets. Wonky or imperfect produce often doesn’t even make it to the retailers. Aside from food waste being a tragic loss of produce, it also takes a lot of precious resources to produce in the first place, such as land and water to grow crops.
The impact of food waste on the environment is also monumental. Paul Hargreaves, CEO at Cotswold Fayre implores businesses not to send any waste products to landfill: “Having spent a lot of time with poor communities in developing countries, I have always thought the amount of food we waste in the west is completely scandalous purely due to the waste of resources involved in producing food that isn’t eaten. However, I have also become aware recently just how damaging waste food is to the environment, with one of the main by-products from decomposing food in landfill being methane, which is up to 30 times worse than CO2 with respect to damaging the atmosphere resulting in climate change. It is essential that food and drink producers do not send any waste products to landfill, and, like Cotswold Fayre, use an organisation like City Harvest, who collect all of our waste to be redistributed to good causes.”
Plenty is being done to make changes across the food and drink industry to combat the topic however. WRAP is a mission-driven organisation wanting to accelerate the move towards a sustainable, resource-efficient economy and has ongoing campaigns to spread awareness. Eleanor Morris, programme area manager says, “The mission of sustainability organisation WRAP is to use resources more sustainably on a global level. Within the UK, WRAP has voluntary agreements with business and industry as well as consumer facing campaigns aimed at reducing food waste. For the food and drink sector, WRAP’s Courtauld Commitment 2025 and the IGD UK Food Waste Reduction Roadmap are the key routes to addressing the challenge of food waste across all sectors. The focus is on adopting a method of target, measure and act to tackle food waste reduction head on.”
Eleanor goes onto say change is happening; “In the UK, fantastic work is already happening on food waste reduction and we all have a part to play. WRAP accelerates change on the ground wherever people are, at home or at work. This year Defra appointed its Food Surplus and Waste Champion, Ben Elliot, to spearhead change; following the launch of his pledge at the ‘Step Up To The Plate’ event on May 13th, a food waste week will be held in early November to help all of us understand how we can change our behaviours and actions, and the climate-related consequences if we don’t. WRAP has tools and resources which are all freely available for businesses, including the Food Waste Reduction Roadmap, Courtauld 2025, and Guardians of Grub. Citizens can visit the Love Food Hate Waste website for more information, and check out the new campaign Spoiled Rotten to help you reduce your impact on climate change.”
It’s not just organisations like WRAP that are fighting hard to reduce the amount of food that gets wasted in the UK – there are plenty of brands that are finding ways to produce products that are made in a sustainable way. Take Rubies in the Rubble, which makes condiments such as ketchup, chutney and relish from excess ingredients that would otherwise simply go to waste. Jenny Costa, founder and CEO says, “We’re now poised to make sustainable sauces the mainstream, and take on the market leaders. We recently cracked the recipe for the perfect ketchup. We know that consumers quite like the sweetness they get from a standard ketchup, but when the food industry is looking to cut back on its sugar content, we were faced with the challenge of launching a product that could compete with the market leader, but with much less sugar. It wasn’t easy, but we’ve done it; using rescued pears for that tasty sweetness, with 50% less refined sugar than other leading brands. This means that for every 100kg of product we sell, we save 45.kg of pears, and this is the equivalent of 17.5kg of CO2e.”
Spare Snacks founder Ben Whitehead adds, “Food waste is a complex issue that needs a collaborative solution – with brands like ours, supermarkets, producers, Government and of course consumers, working together. “Our aim is to rescue 5,000 tonnes of surplus produce over the next five years, but the real impact surplus brands can have is in the awareness raising. 70% of food is wasted at home in the UK and we’ve reached an estimated audience of 200 million people this year, so if we can even 10% think twice about how they value food, then we’ll be doing our bit.”


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Business is business and corporations are in it for the big bucks. Creating healthy food products is a popular idea but weighed against high profits and cost margins, consumer seem to be on the short end of the stick.
Such is the case with a large number of our favorite breakfast cereals – and that includes those old faithfuls that many of us have counted on to be organic for years.
This week, the Cornucopia Institute, a non-profit watchdog organization that looks out for the interests of small scale family farms, released a report accusing Kellogg’s, PepsiCo and Whole Foods of abusive marketing practices, saying the companies deceptively label cereals as natural even though the foods contain “toxic agrichemicals” and genetically modified organisms (GMO’s).
The report – Cereal Crimes: How “Natural” Claims Deceive Consumers and Undermine the Organic Label (pdf) -says no federal agency or certification group has determined what “natural” is and that agribusiness is trying to create the “illusion of equivalence” between the natural and organic labels to intentionally mislead consumers.
A 2010 poll by the Hartman Group showed that a majority of respondents mistakenly said the term “natural” implied “absence of pesticides,”“absence of herbicides,” and “absence of genetically modified foods.” In surveys by the Shelton Group and Context Marketing, consumers repeatedly said they valued the term “natural” over that of “organic.”
The non-profit group says “natural” products commonly use organophosphate pesticides, which it says have been proven harmful to humans. It also reveals that some companies that have built a reputation and customer following based on their organic brands have switched to non-organic ingredients and now call themselves “natural” instead.
The report says further that “natural” cereals from brands that include Kashi (Kellogg’s), Mother’s (PepsiCo), Nutritious Living, Barbara’s Bakery (Weetabix), and 365 (Whole Foods Market) contain at least 28 percent genetically modified ingredients. Cornucopia said many of these companies present their products as “non-GMO.”
The organization publishes a scorecard about breakfast cereals and granolas to help shoppers make informed grocery shopping choices.
Visit a local supermarket today and take a look at the “natural foods” cereal aisle.If you removed all the cereals of the above-mentioned brands, there would be precious little left on the shelves.
If you’ve been eating “organic” cereal by the same company for years, why would you ever think to check the packaging to see if it’s still organic? But with all the corporate mergers and food manufacturers selling off brands to one another, it’s definitely important for customers to pay a bit more attention to the labels.
If ever there was a case for labeling of GMO foods so that consumers can be aware of what they are buying, this is it.
Isn’t it time to have Congress pass the mandatory food labeling bill? You don’t even have to open your garage and go anywhere on this one. Speak up. You know the drill – phone, fax, email, sign the petition. Speak up and be heard. Your voice counts.


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Square Inc. (NYSE: SQ) is scheduled to release its fourth-quarter financial results after the markets close on Wednesday. Refinitiv consensus estimates call for $0.14 in earnings per share (EPS) and $454.1 million in revenue. The same period of last year reportedly had EPS of $0.08 and $282.66 million in revenue.
In its most recent quarter, Square issued guidance calling for EPS in the range of $0.12 to $0.13 and adjusted revenue between $446 million and $451 million for the fourth quarter.
Also worth mentioning was that despite having strong earnings last quarter, the stock still dropped by about 8% in response to the report. This was the result of the stock running about 125% in the past 52 weeks at that point.
While Square’s stock currently is only up 75% in the past 52 weeks, there is always the potential that investors could see earnings as an opportunity for profit taking.
During the third quarter, gross payment volume (GPV) was $22.5 billion, up 29% year over year. The company continued to see strength from larger sellers. GPV from this group grew 41% year over year and accounted for 52% of total GPV, up from 48% in the third quarter of 2017.
In terms of the third-quarter revenue breakdown, transaction-based revenue was $655 million, up 29% year over year, and subscription and services-based revenue was $166 million, an increase of 155%. Hardware, making up the smallest segment, saw its revenue grow 74% to $18 million.
A few analysts weighed in on Square ahead of the report:
- Raymond James has an Underperform rating.
- Nomura has a Buy rating with a $110 price target.
- Wolfe Research has an Outperform rating.
- Piper Jaffray has a Neutral rating.
- Tigress Financial has a Buy rating.
Shares of Square were last seen trading at $78.08, in a 52-week range of $43.72 to $101.15. The consensus price target is $78.39.


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New York Times columnist wrote yesterday about the troubles of Blackberry, comparing the communications device manufacture formerly known as Research in Motion (RIM) to Wang. Not too long ago, Blackberry was the almost exclusive device of corporate America and the Federal government. Just watch a Washington-based drama produced five or ten years ago and everyone important is constantly pulling out a Blackberry to check the latest news. Devices like iPhones were seen as toys that were not appropriate accessories for serious people. But even though iPhones and equivalent devices like the Android still aren't as good as a Blackberry for email and messaging (I've owned both and have that opinion), the touchscreen smartphones do so many other things well that customers are tolerant of the lesser typing technology and have almost universally switched to Apple and Android leaving Blackberry in tough financial straits.
Nocera suggests that it was Blackberry's dominance that made it arrogant, or at least blind to the threat to its standing, thereby allowing competitors with different products to surpass the standing-pat leader. The columnist asserts that this is not unusual in business and points to Wang as a further example. Before the advent of the PC, nearly every major business and office in America had a Wang word processor. Wang was very slow to pick up on the desktop revolution and once it did, it didn't do it very well and was left behind, filing bankruptcy in 1992 and being mentioned most often these days in answer to trivia questions.


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Daybreak, salve a US IT services provider has made its first acquisition, with the purchase of digital evidence specialist Cernam, a company that’s based in NovaUCD. This move will lead to the creation of 12 jobs in Dublin and California.
Daybreak, which is an independent private company that was established in 2013 through Élan’s outsourcing of its entire IT function, hopes to benefit from the hugely successful and rapidly growing digital evidence market with this manoeuvre, targeting $10 million in revenues over a three year period.
Cernam has been based at NovaUCD, the Centre for New Ventures and Entrepreneurs at University College Dublin, since 2008 and as part of the acquisition its managing director Owen O’Connor will be joining Daybreak as vice-president of digital evidence, providing crucial experience and knowledge of the sector.
Digital evidence is any corroboratory information stored or transmitted in digital form that a party to a court case may use at trial. Cernam is well renowned within this field, leading the way in online evidence. This relates to digital evidence coming from online sources, for example; cloud services like Dropbox and social networks like Facebook.
Daybreak CEO highlighted the ambitiousness of the company stating that “Cernam represents the first acquisition by Daybreak and we intend to acquire other companies whose product and service offerings complement and expand our unique IT service capability to the biotech sector.”
Daybreak’s foray into the digital evidence comes at a time when industry analysts Gartner forecasted a market valuation of $2.9 billion for e-discovery software.
Continuous and constantly increasing levels of smartphone usage and use of cloud services have bolstered the market tremendously.
Recently appointed Vice-President of Digital Evidence at Daybreak Owen O’Connor seemed confident of the company’s future in the market they have recently entered as he spoke of a strong market for our services and products in addressing “our clients’ digital evidence challenges.”


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You Can Now Add Multiple Photos and Videos to Google My Business Posts
Google My Business appears to have quietly began allowing Posts to use multiple photos and videos as reported by Barry over at Search Engine Roundtable. Previously to this change, which appears to have started rolling out on Tuesday the 18th, a post was only allowed to have one photo or video. Now it appears that up to 10 photos can be added to a Google My Business Post.
As far as we’re aware this update was first spotted by SEO Casey Bryan who posted to Twitter and has not been formally announced by Google or Google My Business.
I now have the ability to add up to 10 photos to my #GoogleMyBusiness posts – it’s new for me 🤩@rustybrick pic.twitter.com/bmjMXxuftE
— Casey Bryan (@CaseyABryan) February 19, 2020
While not all businesses find Posts useful, this option might allow those who do to showcase more content. For example a restaurant having a special can now show photos of all items included in the special, or a remodeling company using a Post to showcase a recent remodeling job can showcase multiple angles and various parts of the remodel job.
According to Local SEO Joe Youngblood the new limit of 10 photos or videos only applies to three types of Posts: What’s New, Event, and Offer.
Product posts are still only allowed 1 photo or video.
Here’s a screenshot of the various post types showing the ability to add multiple photos (or lack thereof):
Screenshots provided by Local SEO Joe Youngblood


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Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Check out the companies making headlines after the bell:
Apple slipped about 1 percent in after-hours trading Monday. President Donald Trump suggested in an interview with The Wall Street Journal that the U.S. could levy tariffs of 10 percent on iPhones and laptops imported from China.
Earlier Monday, U.S. Supreme Court justices seemed skeptical of Apple's arguments and sympathetic to iPhone owners who allege that the company inflates prices in its App store.
General Motors shares fell 1 percent after the bell. The car manufacturer announced Monday it would cut car production at several North American plants and reduce its workforce by 15 percent. The reductions are part of a restructuring plan that the company says will save $6 billion.
Bristol-Myers Squibb shares fell nearly 3 percent after the pharmaceutical company announced that a combination of two of its cancer drugs failed to demonstrate in late-stage trials it could extend lung cancer patients' lives.
Shares of fashion retailer The Buckle shed over 6 percent after the company reported earnings of 42 cents. Analysts had expected 46 cents per share, according to a consensus estimate from Refinitiv. The company also missed Wall Street's expectations on revenue, reporting $215 million versus an estimate of $219 million.


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Traditional bacon sandwich tops Britain’s breakfast top 10, with croissants coming in last
London 27th Mar 2014: Foodservice industry figures from the NPD Group show that burgers are fast becoming a British breakfast staple out of home. In the year ending December 2013, we consumed more than 100 million burgers when we had breakfast away from home, up more than +6% on 2012. Around one in 12 out-of-home burger servings (8.6%) were gobbled up before 11am compared to one in 16 (6.2%) five years ago (to year ending December 2008).
Kids are keener than ever on breakfast burgers
Groups with kids up to 17 years of age are playing an important role in the growing popularity of burgers as a breakfast item. Five years ago, adults unaccompanied by kids consumed more than 67% of burger servings eaten away from home in the 6am to 10:59am breakfast time slot. Groups with kids up to 17 years of age ate the remaining 33%. Fast forward five years to 2013 and the adult share of breakfast burgers is down eight percentage points (at just over 59%), while groups with kids now get through nearly 41% of Britain’s breakfast burger servings – more than 40 million each year.
But bacon sandwiches are still the nation’s favourite
The NPD Group data reveals there’s no beating the mighty bacon sandwich, which took first place in the league table of our favourite breakfast food items eaten out of home.
Britons happily munched through more than 268 million bacon sandwiches when they ate breakfast away from home in 2013. Taking second, third, fourth and fifth places, toast, eggs, sausage and baked beans accounted for a further 793 million servings combined in the ‘out of home’ British Breakfast Top 10.
Croissants came tenth – right at the bottom of the British Breakfast Top 10 – with little more than 91 million servings, indicating that our tastes at breakfast time are distinctly ‘uncontinental’.
Is there any chance of our breakfast preferences becoming more European? NPD Group’s figures suggest Britons would rather have a breakfast sandwich – meaning any sandwich with a breakfast-type filling – than a croissant. We ate close to 117 million breakfast sandwich servings in 2013, over 25% more than for croissant servings.
|The NPD Group: British Breakfast Top 10 food items (breakfast eaten while out of home)
Year ending December 2013
|Servings (millions) 5am to 10:59am|
Jack MacIntyre, UK Foodservice Account Manager for The NPD Group, said: “When people eat breakfast – perhaps on the way to work, or in the office, or as a treat at weekends – burgers are clearly growing in popularity. But the breakfast classics – servings of good old-fashioned bacon sandwiches, toast, eggs, sausage and baked beans – are unlikely to be toppled anytime soon. And, despite Britain’s improving café culture, it doesn’t look like continental breakfast favourites such as the croissant are going to sidetrack the appeal of the Great British Breakfast.”
Note to Editors:
- All data is for breakfast eaten ‘out of home’ in Britain (England, Wales and Scotland) in the year ending December 2013.
- In this survey, breakfast is defined as food bought between 5am and 10:59am.
- Groups with kids: a group of diners containing at least one person under the age of 17.


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New, helpful inventions are in the works.
Scientists and companies are working tirelessly to develop new, helpful products for people with diabetes.
Until there's a cure, new developments to treat diabetes provide important help in keeping your diabetes under the best control possible.
Before you read on to find out more about the latest, remember that any new product must get approval from the U.S. Food and Drug Administration, which can take a lot of time and effort. Some of these products are available now, but others are still in development. Now, here's the scoop.
Insulin glargine. Insulin analogs are man-made substances that work like insulin, only better.
Continuous glucose monitoring. How would you like to prick your finger dozens of times a day to test your blood sugar? Probably not much! But what if your blood glucose could be monitored continuously without finger pricks?
New diabetes management software. Meter and pump companies are always coming out with new computer software to make it easier to manage diabetes.
Inhaled insulin. Scientists think the lungs should also provide an excellent mechanism to get certain drugs—such as insulin—into the bloodstream quickly. A few inhaled insulin products are being developed.
Bioartificial pancreas. There are a lot of ideas that scientists think would be cool, but they're a long way from being ready. One such idea is the "bioartificial pancreas," which scientists have been working on for nearly 30 years!
"Closed-loop" insulin pump. A closed-loop pump would automatically change the amount of insulin supplied in response to changing blood glucose levels.
Oral insulin. You may have heard news about a breakthrough a couple of years ago involving an insulin pill. Researchers from Purdue University invented a very clever way to deliver insulin by mouth.


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As Tony Parker settles into his retirement from the NBA, he’s diving into esports and taking on an ambassador role for an esports World Cup.
David Beckham’s foray into the esports world will make its London Stock Exchange debut tomorrow. Guild Esports — the first esports company to go public in England — announced yesterday […]
The launch of the next generation of Xbox got even more interesting with Microsoft acquiring gaming giant Bethesda Softworks in a $7.5 billion deal yesterday. The deal with ZeniMax Media […]
Pro football player Josh Johnson’s esports startup the UGL is partering with the Cal-Hi Sports Report for a high school Madden Tournament.
Microsoft is acquiring ZeniMax Media, parent company to Bethesda Softworks, and adding Bethesda’s slew of popular games to Xbox Game Pass.
Several video game developers are facing scrutiny from the Trump administration over their data security protocols. Riot Games and Epic Games, among others, have been asked to provide information around […]
Even as live sports have returned to action, the boost has allowed esports teams to aggressively grow their audiences across social media.


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The NFL plans to introduce a standalone streaming service in July, called NFL Plus, which will enable subscribers to watch live games, available within their designated broadcast area, on a mobile phone or tablet device, according to recent reports. But with so many fans already getting that functionality through their cable, satellite or live streaming provider, it is not clear just how much demand there will be for this subscription OTT service.
John Skipper—former ESPN president, former executive chairman of DAZN, and co-founder of Meadowlark Media—said the existence of a league-owned streaming platform will be helpful in both ongoing and future broadcast rights negotiations, and that the NFL is unlikely to be overly concerned with subscription counts. (Representatives for the NFL declined to comment for this story.) NFL Plus could help to drive up the price of NFL Sunday Ticket, since the current deal expires after the 2022 season, and will put existing and hopeful media partners on notice. “If you don’t give us a big check for [a specific rights package come 2034], we’ll just go and do it ourselves,” Skipper explained.
JWS’ Take: Yahoo Sports delivered in-market games to laptops and tablets free of charge last season, while various cellular providers delivered live game action to mobile phones. But those agreements have expired. Instead of re-upping the deals, the league will take back ownership of the rights, aggregate them under the NFL Plus banner (likely along with some additional content) and sell it to fans as a new digital service.
It is not known how much revenue the league is leaving on the table to stand up its own streaming service. But considering historical precedent, it seems highly unlikely the number is significant, and media rights consultant Patrick Crakes agreed. He added that the value proposition associated with the rights the NFL is aggregating under the NFL Plus umbrella has changed over time. They were originally carved out to take advantage of new platforms or to serve as a bolt-on to an existing package. “Nobody wants those rights anymore,” he said, at least not at the price the league desires.
The NFL is unlikely to generate more revenue from NFL Plus in 2022 than it made from the rights in ’21. “[There isn’t] any way [the streaming service could] replace the economics of what the pieces used to do separately,” Crakes said.
But as Skipper said, the NFL’s direct-to-consumer push is likely motivated by the desire to create value and leverage—not short-term rights revenue. There has been talk about the league selling a stake in NFL Media (includes: NFL Network, NFL.com and NFL RedZone) or NFL Films as part of a package deal with NFL Sunday Ticket rights. In theory, the existence of NFL Plus enables the league to offer prospective bidders for the out-of-market package the rights to stream in-market games on tablets and mobile devices, too. Apple and Amazon are widely believed to be the favorites to land the digital rights to Sunday Ticket.
Could Sunday Ticket end up in a bundle with NFL Plus? While a combined offering would undoubtedly make NFL Plus more attractive to consumers, the prospect of Sunday Ticket ending up on the platform remains an unlikely outcome. “If they put Sunday Ticket in there, they would be walking away from [more than] $2 billion dollars worth of income,” Crakes said. NFL owners tend not to walk away when the bird is in hand.
Longer term, the existence of a league-owned streaming platform should help ensure broadcast rights continue to climb. If the strategy sounds familiar, that’s because the league has employed it before, Skipper said. The NFL has been using NFL Network as “an insurance policy, a backup [plan] and maybe even an implied threat to [its] media partners” over the last decade and a half. If the league did not get what it sought for a specific rights package, it always had the option of placing the games on the cable channel. The NFL inked rights agreements collectively worth north of $100 billion in 2021.
Of course, the NFL has also been looking to “get out of operating NFL Network for a long time now,” Crakes said. So, its decision to launch and operate a digital network seemingly runs counter to that agenda.
The NFL is not the first rights owner to announce plans for a streaming service; FIFA intends to do the same. But unlike the pro football league, the soccer governing body appears to be motivated by the volume of content it owns (and largely does not monetize). FIFA+ will show 40,000 live games a year across 100 member associations.
Sports is a copycat industry, so it seems safe to assume other leagues and federations will see the NFL and FIFA introducing streaming services and look to follow suit. But it is hard to envision any sports property making the economics work with the only live games available being the ones currently excluded from the pay-TV bundle (remember, standing up a streaming service is a costly endeavor). And no league is going to walk away from traditional TV revenues at this time.
Crakes said none of the pro leagues would “make much money” with a streaming service. But that shouldn’t stop them. The media landscape is changing, and even if they do not have the volume of rights to put out true D2C service today, they could in the future. “It makes sense for leagues to do what they can [now] and then [the infrastructure] will be there when an opportunity comes up,” he added.
MLB is considering the introduction of an OTT service for live in-market games, which do not require a cable subscription (MLB.tv has been streaming out-of-market games since ’02), in an attempt to help broaden the game’s reach. The league recognizes that the RSNs are not fully penetrating their markets and want to deliver local fans more access to their favorite teams’ games. It is not clear how the league would obtain the rights to from the teams for those games.
While some believe NFL Plus is the NFL’s latest effort to better understand its fans, we have our doubts. At least initially, the service is unlikely to attract enough subscribers to serve as a meaningful source of fan data.


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Soda Folk, the makers of American-style sodas, all free from unnecessary ingredients and preservatives, has launched new packaging and announced a new set of retail partners.
The packaging now has:
- New characters on the cans – each flavour showcases a new hero who’s carried out magnificent good deeds in their local area. See full character bios below.
- The cans boast a new retro matt finish with clearer branding and fresh colours with increased ‘flavour cues’
- The packaging is also still entirely plastic free!
Soda Folk has also recently onboarded a number of high-profile retailers including Ocado, WHSmith, Costco and Coop East Midlands. You can still also pick up cans at Sainsbury’s, BP M&S service stations, Amazon and its own online shop.
New packaging characters:
Shannon McCauliffe is the new star on the Cherry Soda can – the furloughed chef from London served over 4000 free meals during the first lockdown to NHS staff and the vulnerable! Never stop cooking Shannon!
Mike Miller-Smith now adorns our Cream Soda can – his dream of being a commercial pilot was cut short when he was diagnosed with muscular dystrophy, a neurological condition that has taken away his ability to move. Despite this, Mike took his passion for flying and founded Aerobility, a charity that offers thousands of disabled people from across the world a chance to fly a plane.
Carrlean Chang now features on the Grape Soda – A longtime nurse, a mother of five, a writer and occasional voice of the voiceless, Carrlean has even played a major role in changing British law. Amazingly, she even finds time to work with charity group Heeling Soles, gathering pairs of unwanted shoes and distributing them worldwide to those in need.
Brian Gravenstock is now on the Root Beer can – he’s taken his skill and added a whole new spin: Donating finished bikes to those in need across his local community.Brian has run Bike Clinic Too since ‘09, to support the original Bike Clinic he founded in ‘93 with friend Peter Sprunger-Froese. Bikes are donated, repaired by Brian and his team, then given to local homeless, offering them a freedom they would struggle to achieve alone.


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WASHINGTON—One of the world’s largest cryptocurrency exchanges has agreed to pay $100 million to resolve a regulatory lawsuit over its failure to follow U.S. rules while allowing Americans to access its trading platform.
BitMEX, which offers leveraged trading in bitcoin and other cryptocurrency derivatives, had been sued by the Commodity Futures Trading Commission last year. Three of the company’s co-founders were named as defendants in that lawsuit, while they were also separately indicted on a charge of failing to use an effective anti-money-laundering program. They have pleaded not guilty to criminal charges, and Tuesday’s civil settlement doesn’t resolve their cases.
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Credant expansion to include adding staff
Intel, Austin Ventures among backers of security software firm
- Jeff Bounds
- Senior Writer
After finding strong demand for its security software for wireless devices, Credant Technologies plans in the next year to expand its 55-person work force by nearly 50% and to open three new offices, including one in Europe.
Several large corporations, including Intel, have put millions into the company, which expects to raise another $10 million to $15 million this year to speed growth.
Founded six days after the 9/11 attacks, the Addison company has won 35 customers for its Credant Mobile Guardian product suite. The software helps organizations with large, mobile work forces keep tabs on which wireless devices are tapping into corporate data and ensures that only certain people see the information.
"Organizations don't know how big the problem is," says Bob Heard, Credant's president and chief executive.
Credant executives argue that the proliferation of wireless gadgets, such as Palm Pilots and laptop computers, has created a security nightmare for big organizations.
Several years ago, Irwin Jacobs, chief executive of the California technology giant Qualcomm, had his laptop computer stolen while speaking to a group of journalists in California. Credant's software permits misplaced devices to be shut down remotely.
Though Fortune 500 companies represent most of Credant's clients, its software also is used by health care organizations scrambling to comply with stringent new federal privacy regulations.
That was a big reason why Oklahoma City-based Integris Health started working with Credant. It also uses Credant's Gatekeeper product to keep tabs on how many personal digital assistants are tapping into its network.
"Sometimes knowing what the score is, is half the battle," says William Woloszyn, director of privacy and security at the 13-outlet chain of hospitals and physician offices. "We currently have found about 2,500 devices. That's pretty much what we anticipated."
There were some minor issues when the software was rolled out, though Woloszyn says that is typical when introducing most any new technology. Overall, he adds, the Credant technology has performed well.
Credant is expanding its offerings as it pushes for new growth. The company will soon be rolling out an initiative called "Be mobile, be secure," aimed at better conforming the company's sales efforts to how organizations are buying technology today.
As part of that effort, Credant is repackaging its offerings into smaller pieces and will begin selling two new, smaller packages.
One, called Credant Mobile Guardian Group Edition, will be aimed at units of large companies with up to about 1,500 on-the-go professionals, especially those with high security needs.
Another package, dubbed the Credant Mobile Guardian Personal Edition and available in the next quarter, is for business professionals who want to use their own wireless devices in their working life.
To help spur growth, Credant has forged partnerships with five large tech companies. IBM, Electronic Data Systems Corp. and Hewlett-Packard have inked distribution agreements to resell Credant's software, with EDS and HP also having the right to use the technology internally.
Credant also has an alliance with Microsoft, whose tenants include joint sales of their respective products. And Intel is working with Credant to optimize the performace of the software on hardware that uses the chipmaker's semiconductors.
Intel is one of several institutions, including Austin Ventures, that have put a total of $22 million into Credant. Heard believes the company will raise a final funding round, totaling $10 million to $15 million, in the second half of this year to speed growth.
Growth plans include opening sales offices in the Great Lakes region, the Southeast and in Europe in the next 12 months. It now has five sales offices nationwide. Meanwhile, the company's work force will grow by 15 to 25 people, mostly in sales, along with engineering, customer support and quality assurance.
Executives are tentatively planning on making Credant cash-flow positive in the third quarter of 2005. "If we slowed down on making investments (in growth), it could be faster," Heard says. "We want to invest to achieve market leadership and dominance."
Contact DBJ writer Jeff Bounds at firstname.lastname@example.org or (214) 706-7122.
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Nintendo has a target of 20 million Switch sales by the end of the financial year. With 5.07 million Switches sold between April-September, it will need to have a very good Christmas.
Nintendo’s (NTDOY) latest earnings announcement revealed it had managed to shift 5.07 million Switches for the April to September period.
This would be considered a good result for any video game company, especially one of the rebound after the failure of its previous console, the Wii U.
Since being launched in March 2017, the Nintendo Switch has sold 22.28 million units. At the same point in the lifecycle, a measly 6.68 million Wii Us had been sold. Both, however, lag behind the Wii, the ground-breaking 2006 console that tapped into an underserved family market.
Will Nintendo meet its Switch sales target?
The Kyoto-based company, however, isn’t making it easy for itself and has set a target of 20 million Switch sales by the end of the financial year in March. It’s an ambitious target and Nintendo knows it.
“From the beginning, we decided on a target that would be challenging to reach, not easy. The holiday battle begins now,” Nintendo President Shuntaro Furukawa after 2018’s second-quarter earnings results came out this week.
To hit this goal the company will need to have impressive holiday sales.
Typically, the festive season is a good time of year for video game publishers. In January’s earnings report for Q3, which covered the 2017 Christmas period, Nintendo managed to sell 7.3 million Switches on its ways to sales of 15.5 million by the end of March this year.
That’s someway off 20 million and, going into this year’s festive period, sales momentum hasn’t exactly picked up from what it was last year.
Nintendo’s past reliance on first-party titles has historically been a problem. There’s no annual Mario or Zelda games to tempt gamers on a yearly basis – something the likes of Activision achieve with annual entries in its Call of Duty series.
The company is looking to remedy that this year with new entries in the Smash Bros. and Pokémon franchises being released in time for the festive season. Whether that spurs a sudden rush for the console remains to be seen.
Second-quarter profits hit eight-year highs
Nintendo’s share price stood at 57,000 JPY at the beginning of the year. At the time of writing, the share price was at 35,970 JPY, down 17%, having peaked at 58,450 JPY in the spring.
In the first-quarter of the year, the company made a 30.5 billion JPY operating profit, up 88% year-on-year. In its second-quarter announcement, operating profit hit an eight-year high of 30.9 billion JPY, up 30% from last year.
Digital sales have also grown and accounted for 11% of revenue for the first quarter of the year. This should increase with September’s launch of multiplayer service Nintendo Online. The service has an annual cost of $20, which is peanuts compared to similar services from Microsoft and Sony.
Nintendo will also be able to use the service to further leverage its back catalogue of classic games.
However, this hasn’t been been enough to inspire investors, who will be now be looking for both strong third-quarter hardware and software sales.
Turning Switch sales into video game sales
An obvious long-term strategy for the company will be to turn strong Switch sales into continued video game sales.
The share price fell earlier this year as investor confidence wobbled over a less than full games roster. This has always been a problem for Nintendo – a lack of third-party support was partly responsible for the Wii U’s lacklustre sales.
Addressing this will be key for continual growth as the customer base for Switches become more saturated – after all, there are only so many people that will stump up $300 for a console, but those that do will be looking for more than one game to play on it.
With 42 million Switch games sold in April-September this year, compared with 22 million last year, Nintendo looks set on doing this. If it comes anywhere near its hardware goals for the year, investors might have reason to be merry long into the new year.


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Americans Celebrate National Candy Month in June
31 May, 2016, 11:33 ET
WASHINGTON, May 31, 2016 /PRNewswire-USNewswire/ -- June is National Candy Month, and the National Confectioners Association (NCA) will be helping Americans celebrate by highlighting sweet innovation in chocolate, candy, gum and mints, and spotlighting the men and women who make the special treats that have played an important and unique role in cultural traditions and seasonal celebrations for thousands of years.
"National Candy Month is a time to revel in this quintessential American manufacturing success story," John Downs, president and CEO of the National Confectioners Association, said. "For those who enjoy the occasional treat, those who appreciate the strong economic impact of a responsible and fun industry, and for many others, this is a month made for celebration."
Many of America's candy companies have been family-owned for generations. These companies not only make the treats we all enjoy, but are also important job creators. The confectionery industry provides 55,000 manufacturing jobs in more than 1,000 facilities across the country, and has a direct economic impact of $35 billion. For every 1 job that the industry creates in manufacturing, another 7 are supported in related fields like retail, agriculture and shipping.
"The companies that make chocolate, candy, gum and mints are constantly developing new products and packaging, as consumers increasingly expect more transparency when it comes to calorie counts and ingredients in what they eat and drink," Downs said. "From front-of-pack calorie labels that put information right at consumers' fingertips to creating a wide variety of options that can bring a little enjoyment to any occasion, we are providing consumers with the information, support and options they need to make the choices that are right for them."
There's no confusion among consumers when it comes to understanding the unique role that confections can play in a happy, balanced lifestyle, and they are choosing their moment to enjoy them in moderation. Most people in the U.S. enjoy candy about twice per week, averaging about 40 calories per day from confectionery items. Chocolate, candy, gum and mints account for less than 2 percent of the average American's overall caloric intake, and an average of about one teaspoon of added sugar per day.
How can you celebrate National Candy Month?
JOIN NCA's Social Media Push for National Candy Month Awareness
Click here to pledge one Tweet and Facebook post from personal, organization, corporate and brand social media accounts. And pass this along to recruit colleagues, friends and family.
All accounts that signed up in advance will post simultaneously on June 1st at 8:30 am edt, helping create a wave of content and awareness around #NationalCandyMonth.
FOLLOW NCA's National Candy Month Activities
NCA will be celebrating all things candy this month, with a number of engagements planned, from random acts of sweetness, to free sampling and social media fun.
- Social Media: Join the conversation with #NationalCandyMonth, and follow NCA on Twitter (@CandyUSA), Instagram (@CandyUSA), Snapchat (CandyNCA), and Facebook (NationalConfectionersAssociation) for the latest news on National Candy Month as well as some fun candy humor.
- Random Acts of Sweetness: We'll be handing out chocolate, candy, gum and mints at locations throughout Washington, DC during the month of June. Keep an eye out for our teams, and be sure to stop by for a treat!
- Candy Cars: Candy cars will be hitting the road this June – keep your eyes peeled and your camera close by. You won't want to miss these sweet wheels!
The National Confectioners Association is the trade organization representing the $35 billion U.S. confections industry. NCA and its members value the fun and enjoyment of chocolate, candy, gum and mints, serving as a transparent and trustworthy source while building and promoting a responsible industry. As the leading trade association for the industry, NCA is proud of the role it plays in the public's understanding and appreciation of candy's unique role in a happy, balanced lifestyle. For more information, visit www.CandyUSA.com.
SOURCE National Confectioners Association
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In just a handful of days, Arizona Restaurant Week, the twice-a-year event put on by the Arizona Restaurant Association, will be in full swing. And this year, the nine-day fall celebration, which runs from Saturday, September 21, to Sunday, September 29, is expected to include over 150 restaurants offering discounted three-course meals, priced at $30 or $40, plus tax and tip.
That's a lot of choices to consider when deciding on where to spend your dining dollars and time.
To help, I've put together my top 10 picks for Arizona Restaurant Week (ARW) based on 10 unique types of dining experiences at restaurants listed on the event's website as of Sunday, September 8. From tropical tastes to gourmet veggies to this year's best-kept secret, there's a little something for everyone. Enjoy -- and make those reservations early!


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Norovirus is a virus which can spread through food which came in contact with an ill or recently ill person or through contact with other infected people. The virus is also called food poisoning and it’s mostly a nuisance that goes away in a few days.
The outbreak happened in Maumee, Ohio at a doughnut shop named Mamma C. The number of affected people reached 190 but there’s also a possibility of more infection as it can spread from an infected patient to a healthy one.People who had the virus can spread it even two weeks after they lose any symptom. The symptoms can be abdominal pain, body aches, diarrhea, headaches, mild fever and vomiting.
The health department took samples and they came positive for norovirus. The shop closed for cleaning and solving the issue, working with the people from the health department so that they can find out the cause of the outbreak, sanitize and clean everything. The shop has been opened for 14 years and the couple who owns it declared that their customers are like family.
The small business just got to be unfortunate to house the virus. Although everything is clean, the norovirus could have come from a customer who carried in the virus by touching a table. And as it is a public space and a lot of customers come and go, it’s difficult to keep everything in control.
The virus is common in the summer time and the officials recommend the ill people to avoid handling food when they’re ill and after their symptoms disappear.
The officials have declared that the restaurant will have to be closed for a few days in order to solve the sanitation and remove all traces of the infected areas.
A good way of avoiding to get the virus is to thoroughly clean hard surfaces and wash your hands.


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May 19, 2023 – Dimensional Fund Advisors LP has sold nearly 10% of its interest in DICK’S Sporting Goods, Inc. According to the company’s filing with the Securities & Exchange Commission, Dimensional Fund Advisors owned approximately 1.54% of DICK’S Sporting Goods valued at $146,729,000 at the end of the reporting period. The institutional investor decided to sell 131,243 shares in the fourth quarter of 2022. As a result of this transaction, Dimensional Fund Advisors’ interest in DICK’S Sporting Goods decreased from 1.71% to 1.54%.
DICK’S Sporting Goods recently announced that the company would increase its quarterly dividend to $1.00 per share from $0.49 per share. Shareholders received their payment on March 31; Those who owned shares on March 17 received that dividend yield, which translates to a payout ratio of about 37%. This announcement signaled a bullish move for investors looking for long-term growth opportunities.
However, recent insider trading activity at DICK’S has suggested a contrasting outlook, as several of its most senior SVPs and directors have sold thousands of shares at confirmed prices above the industry average: SVP Julie Lodge-Jarrett sold her holdings at an average price of $140 per share and now holds just over thirty thousand shares worth more than four million dollars; Anne Fink’s principal sold more than three thousand shares for more than $400,000, reducing her effective holdings by nearly double-digit percentage points. Ultimately, market observers believe these insider transactions indicate a significant vote of no confidence Despite some short-term positives previously seen in this complicated market environment, sporting goods retail fundamentals are all too important given the premeditated sales involved when the news released last time were quite optimistic.
The announced divestiture clearly demonstrates that diversified investment portfolios evolve incrementally over time. Institutional buyer and seller activity has a significant impact on stocks in secondary markets, affecting average capitalization in many industries, including sports retail. Analysts can use such data points to add complexity to their models while predicting future market movements based on insider perceptions and other fundamentals such as acquisitions or brand effects in specific sectors. Clients and portfolio managers continue to recalibrate complex investment positions in today’s ever-evolving investment world. However, it is important to note that a fundamental investment strategy that focuses intensely on stock selection can also create steady growth opportunities in the current and potentially volatile market conditions.
Updated on: 05/19/2023
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Hedge funds are showing great interest in DICK’S Sporting Goods Investment
When it comes to investing, hedge funds are among the most prolific players in the field. There has been a lot of news lately about their investment in DICK’S Sporting Goods. Several hedge funds have reportedly bought and sold shares in DICK’S, increasing their overall market value.
Balyasny Asset Management LLC increased its stake in DICK’S by an incredible 6,908.1% in the third quarter of last year. As a result, they now own over 1.2 million shares worth $130 million. Likewise, Samlyn Capital LLC increased its holding by 179% in the same quarter and now owns over 1 million shares.
CIBC Private Wealth Group LLC also increased its stake by 3.5% and owned over half a million shares worth about $56 million. Meanwhile, Goldman Sachs Group Inc. increased its stake by 10.3% over the past year and First Trust Advisors LP increased its stake by 6.4%.
But why are these hedge funds so keen to invest in DICK’S Sporting Goods? Recent research analysis may provide clues as to why you are bullish on this stock. Citigroup raised its price target on DICK’S to $144 per share from $140 and gave the company a neutral rating last March, suggesting we can expect at least moderate growth going forward, albeit not cheap is.
On the other hand, DA Davidson rates DICK’S as a Buy with a huge jump from $145 to $178 per share based on strong financial results; The company posted better-than-expected earnings in the first quarter, with revenue up a surprising 7 percent compared to this time last year.
It is important for investors to note that while there is no word yet on whether or not further trade action will be taken, it is clear that something good must come up for DICK’s Sporting Goods!
Also of note is the fact that after announcing its first dividend of $0.49 last year, DICK’S increased the dividend payout to $1.00 per share and paid it out on March 31, 2023, giving a boost to their represents hope for future success; This is even higher than many of the industry’s competitors.
Overall, it appears institutional investors are keen to own shares of DICK’S Sporting Goods. With a current market cap of around $11.64 billion, strong financials, and positive sentiment among research analysts, this stock might be worth considering for your investment portfolio.