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Why Music City Center is losing out
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Nashville’s 8-month-old Music City Center is already losing business. The problem: Downtown doesn’t have enough high-end hotel rooms to keep up with the demand for the newly minted, nearly $600 million convention hall.
It’s lost 16 conventions because downtown’s luxury hotels couldn’t accommodate the groups’ needs, according to data from the Nashville Convention & Visitors Corp. Those conventions represented about 90,000 room nights and account for the majority of groups who have passed on Music City Center since June.
“You’ve got to be careful that you have … inventory to take care of these groups,” said Charles Starks, president and CEO of Music City Center. “You may lose them.”
And Nashville has. Several health care organizations, arguably a natural fit for Nashville because of its giant health care industry, have passed on Music City Center because of a lack of luxury accommodations, including The Association of Medical Colleges, The Endocrine Society and the National Association of School Psychologists.
Tourism and hospitality experts say the city needs between 400 and 1,000 more full-service hotel rooms in addition to the new 800-room Omni Nashville Hotel for the size of conventions — about four times larger than those in the old Nashville Convention Center — now looking at Nashville. The high-end, amenity-rich, full-service hotels are the ones in demand, compared to the less pricey, less flashy, limited-service hotels.
Music City Center has upped the stakes: Convention goers spend a lot of time and money at downtown businesses, from honky tonks to the Frist Center for the Visual Arts. In fact, the average convention delegate, industry studies show, spends about $280 per day — nearly three times the $100 per day spent by a leisure traveler. Much of that is spent on hotel rooms, which is why they’re critical to landing conventions.
Matt Batcheldor covers commercial real estate and regional economic development.
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There are reportedly two configurations and three colour choices for the Redmi K50i 5G.
• The BIS website has a picture of the Redmi K50i 5G.
• The introduction of the K series in India has been confirmed by Redmi.
• Earlier this year, the Redmi Note 11T Pro was introduced in China.
India’s Redmi K50i 5G launch has been set on July 20. A revised report contains statistics on the smartphone sales in India as well as details on colour and storage choices.
The smartphone apparently appeared on the Bureau of Indian Standards (BIS) certification website a few days after the firm teased the Redmi K series. The Redmi K50i 5G may be a Redmi Note 11T Pro with a new moniker, according to a tip.
REDMI K50I 5G INDIA LAUNCH, SALE DATE:
In a tweet, Redmi has officially said that the K50i will be available for purchase on July 20 in India. A Pricebaba rumour claims that the Redmi K50i 5G will go on sale starting on July 22.
Additionally, according to the rumour, there will be two different phone models, with the base model having 6GB of RAM and 128GB of storage. The top-tier model is expected to include 256GB of storage and 8GB of RAM. Rumor has it that the smartphone comes in Phantom Blue, Stealth Black, and Quick Silver colours.
The Atomic Silver, Midnight Darkness, and Time Blue colour options of the Redmi Note 11T Pro were released in China along with the 6GB RAM + 128GB storage and the 8GB RAM + 256GB storage variants.
SPECIFICATIONS FOR THE REDMI K50I 5G (PREDICTED):
Given that the Redmi K50i 5G is believed to be a Redmi Note 11T Pro rebrand, they should have similar characteristics. A 6.6-inch full-HD+ IPS panel with a 144Hz refresh rate and support for Dolby Vision may be present.
The phone may contain a triple rear camera setup with a MediaTek Dimensity 8100 SoC, a primary sensor with a resolution of 64 megapixels, as well as auxiliary sensors with resolutions of 8 and 2 megapixels.
On the front, it might have a 16-megapixel camera. It might be powered by a 5,080mAh battery with 67W of quick charging power. Redmi recently revealed that the K series of smartphones will soon be released in India after the Redmi K50i 5G was found on the BIS listing.
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PETALING JAYA: The movement control order will be extended in Kuala Lumpur, Selangor, Johor, and Penang from Feb 19 until March 4, says Datuk Ismail Sabri Yaakob.
The Senior Minister said that Kedah, Perak, Negri Sembilan, Melaka, Pahang, Terengganu, Kelantan, Putrajaya, Labuan and Sabah will be placed under the conditional MCO from Feb 19 until March 4.
Speaking at a press conference on Tuesday (Feb 16), he said Perlis has been placed under the recovery MCO also from Feb 19 until March 4.
An article by The Star – Click here to read the official article.
Followed by another article on the new MCO 2.0 SOP as of 16 February 2021:
PETALING JAYA: The 10km radius travel limit within the same district has been lifted, says Datuk Seri Ismail Sabri Yaakob (pic).
The Senior Minister said this is regardless whether the states are under the movement control order (MCO), the conditional MCO, or the recovery MCO.
However, inter-district and interstate travel restrictions are still in place, said Ismail Sabri.
He added that states under the MCO still have a restriction of two people in a car while the other states have no restrictions on the number of people in a vehicle, based on its capacity.
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Short Bytes: If you’re willing to spend a lofty sum of $1,723 on a desktop processor, here’s a great news for you. Targeting the “mega-taskers”, Intel has launched a new lineup of Extreme Edition Broadwell processors. The top performer of this lineup is Intel’s first 10-core processor i.e. Intel Core i7-9650X Extreme Edition.
Dubbed Intel Core i7-9650X Extreme Edition, these processors will add more fuel to the gigahertz race in the tech world. With this release, Intel is also ditching its Latin branding (deca-core) and going for simple “10-core”.
These new Broadwell-E processors will operate at 3GHz with an upper overclocking limit of 3.5GHz. The new chip will come with Intel’s Turbo Boost 3.0 technology and feature 25MB cache.
Before telling you more about this monster, let me state its price. To own this hardcore piece of engineering, be prepared to spend an incredible $1,723.
So, why does Intel Core i7-9650X Extreme Edition cost this much?
According to Intel, this chip is made for the “mega-taskers”, which is apparently the next level of multi-tasking. The company says that while performing 3D rendering tasks, it’s 35% faster than the last-gen Core i7-5960X. Compared to the same chip, Broadwell-E is 25% faster when it comes to editing 4K videos.
If you are looking for a slightly cheaper version of Intel Core i7-9650X Extreme Edition, there’s a good news for you.
Intel has announced that the new Extreme Edition i7 CPUs will also come in 8-core and 6-core variants. Including the previous 10-core processors, all the new chips will support DDR4-2400 RAM.
These chips also mark another step in Intel’s new product cycle favoring the new “Process, Architecture, Optimisation” model. Notably, last year, the company announced that it’ll be ditching its “Tick-Tock” model.
Did you find this article helpful? Don’t forget to drop your feedback in the comments section below.


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The pandemic sent waves across the digital payments sector, raising it to great heights before pulling it down again. After the second wave of the pandemic disrupted business once again, the digital payments industry made a strong comeback from a consistent decline during the second wave to clock no less than 2.8 billion transactions with a worth of ₹5,47,373 crores on the United Payments Interface (UPI) platforms in June, its all-time highest, according to data released by the National Payments Corporation of India (NPCI).
During the second wave, the digital payments sector saw a consistent decline in business, but the new high in June, an increase of 10.6% in volume and 11.56% in value, has made up for it. April 2021 saw the total count came up to 2.64 billion transactions at a worth of around ₹4,93,633 crores, while the numbers slightly increased in May to around 2.53 billion transactions with a worth of ₹ 4,90,638 crores amidst the ease of restrictions and lockdowns across the country.
The previous highest figures for UPI were in March, with 2.73 billion transactions worth ₹5,04,886.44 crores. The fall in transaction volume for UPI was not unexpected as businesses had to shut down owing to the lockdowns and restrictions, but things started to improved as June witnessed the easing of the restrictions.
Perhaps that is what makes the revival of the sector so significant, as it indicates not only the increasing traction for digital payments in India but a resurgence of business activity after the second wave and the lockdown. The growth of transactions is expected to sustain for the near future, and the dream of three million monthly UPI transactions (an average of 100 million daily) could soon become reality.
As for the other branches of NPCI such as Bharat Bill Payment System (BBPS), Aadhaar Enabled Payment System (AePS), National Electronic Toll Collection (NETC), and Immediate Payment Service (IMPS), they all witnessed a rise in activity and transactions.
BBPS payments transactions grew by 16% month-on-month at 45.47 million transactions, while NETC grew by 35.3% to 157 million. Activity on IMPS rose by 8% to come to 303.7 million while AePS rose marginally to 87.5 million for June. Fastag saw an even sharper growth of 35.34% to come to 157.86 million transactions at a value of ₹2576.28.
According to Anil Gupta, vice president, Sector Head, ICRA, “The drop in total digital payments during FY21 is attributable to slump in business activities due to challenges posed by COVID which led to economic contraction for several quarters. However, we see economic activities back on track this year with a rebound in GDP which will increase the payment transactions this financial year.”
NPCI did not disclose the data on the market share of third-party app providers, including PhonePe, Google Pay, and Paytm, the three players who dominate the UPI ecosystem, with market shares of 45.27%, 34.67%, and 11.44%, respectively.


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Another 6.6 million U.S. workers filed for unemployment compensation last week as the coronavirus pandemic continues to wreak havoc on the American economy, the U.S. Labor Department reported Thursday.
The new figure pushed the three-week total to more than 16 million workers looking for financial assistance, with millions more laid-off employees expected to file claims in the coming weeks as businesses large and small shut their operations or severely limit them.
The total of 6.6 million new claims was only slightly less than the revised 6.8 million figures from two weeks ago. But the back-to-back figures were the two highest since the Department of Labor started tracking the data in 1967.
With federal authorities recommending that Americans maintain at least a two-meter physical distance with other people through the end of April, businesses have been forced to curtail work or shutter operations. They then have laid off workers.
The rapid pace of layoffs is virtually unprecedented in recent U.S. history, although the extent of the economic damage is not precisely known. It took two years during the Great Recession in the 2008-2009 period for 8.6 million people to lose their jobs.
Numerous economic forecasters say the U.S. economy has already plunged into a recession.
Despite the vast number of layoffs, about a tenth of the U.S. labor force, Treasury Secretary Steven Mnuchin voiced optimism that U.S. businesses could be “open for business” sometime in May.
He told CNBC, “I think as soon as the president feels comfortable with the medical issues, we are making everything necessary that American companies and American workers can be open for business, and that they have the liquidity they need to operate their business in the interim.”
But Vice President Mike Pence struck a more cautious tone Wednesday night when asked if the country will be “up and running” by May 1.
“In terms of when we can reopen America, I would just say to you I wouldn’t speculate on a date, but I can assure you that that’s in the hands of the American people,” Pence told Fox News.
“If every one of us will continue to do and implement the president’s coronavirus guidelines for America … we’ll reach that day much sooner than people thought in the beginning of this outbreak,” Pence said.
Gov. Andrew Cuomo of New York, the northeastern state with the most U.S. coronavirus deaths, said the current impact on his state has been more pronounced financially than the 9/11 terrorist attacks nearly two decades ago.
“We have never seen the financial devastation done to the state budget the way it has happened here," Cuomo said. "In my lifetime, go back to 9/11, which was the catastrophic event. This is more devastating to the New York economy and budget than 9/11, by far.”
The U.S. unemployment rate in March was 4.4% but that figure was mostly derived from employment surveys in the early part of the month before most of the layoffs occurred. The survey for April covering the current layoffs will not be released until early May.
Last week’s employment report said the U.S. economy, the world’s largest, shed 701,000 jobs in March. By comparison, 2.6 million jobs were lost in 2008 in the steep recession more than a decade ago and the unemployment rate topped out at 10.2% in October 2009.
Some U.S. economists are predicting that 25 million to 40 million workers out of the U.S. labor force of nearly 165 million could be laid off by July.
The wave of claims by the newly unemployed has overwhelmed some state agencies that handle the paperwork, with the jobless workers forced to wait hours in line at offices or online if they were filing electronically. Jobless claim websites in some states, including New York and Oregon, have crashed in the wave of claims.
Retail stores, restaurants, gyms and the travel industry have been especially slammed by the coronavirus, but layoffs are also increasing in manufacturing, warehousing, transportation and some white-collar professions.
An estimated 190,000 stores have closed, about half of the country’s retail space. Such major retailers as Macy’s, Kohl’s and Gap have collectively laid off 290,000 workers. Other retailers have furloughed thousands more.
Investment banker Goldman Sachs Group has predicted that the U.S. gross domestic product, it output of goods and services will plunge by an annualized 34% in the April-to-June period, compared to its earlier estimate of 24%.
Goldman Sachs economists said the U.S. jobless rate would soar to 15% by mid-year, an estimate that would leave 25 million workers unemployed.
James Bullard, president of the Federal Reserve Bank of St. Louis, Missouri, predicted the unemployment rate may climb to 30% in the second quarter because of the business shutdowns, with a steep 50% drop in the gross domestic product.
Normally, laid-off workers claiming unemployment compensation are paid a fraction of their regular salaries, a sort of stop-gap personal funding.
But the massive $2 trillion coronavirus rescue package that Trump signed into law two weeks ago includes $250 billion for bigger jobless payments that will benefit the newly unemployed at a time when the U.S. economy is facing unparalleled challenges.
The law extends jobless insurance from 26 to 39 weeks and increases the payouts to the jobless by $600 a week for four months above what states would normally pay the unemployed.
In addition, for the first time, freelancers and gig workers, such as Uber drivers, will be eligible.


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SENIOR figures from Peterborough’s business community sounded upbeat when speaking to the Evening Telegraph in January. Business editor John Kralevich spoke to local experts in a new year round-up. Here’s what they said:
“The city will continue to have a large predominance of environment-related businesses and there will be a large demand for green services. The logistics and distribution industry will prevail,with a very significant number of goods being transported. Exporters should find opportunities to prosper in the wake of a weak sterling. Liquidity is the problem – financial institutions need to get their act together to help small businesses to survive.” John Bridge, chief executive, Peterborough Chamber of Commerce.
“Getting credit flowing in the economy is vital. Government can do more to kick-start the economy but it has to be a balanced package – to help businesses, and business confidence, as well as consumers. Measures in the pre-budget report, such as the cut in VAT, will take some time to impact on the economy. Relief on empty properties is seen as a positive step both for small and larger companies.” Richard Tunnicliffe, director of the Confederation of British Industry, East of England.
“I want banks to start lending in order to restore confidence in the economy.” Rachel Parkin, owner of Reba gift store.
“Regulations regarding the borrowing of money have to be sorted out. That is, the root of the problem, not the result of the problem. For example, there is plenty of cheap finance, which is often deferred, when buying cars and furniture. But there have to be proper guidelines in place.” Paul Norton, head of residential division of property consultancy Carter Jonas.
“I hope Barack Obama gets off to a good start, generates a feelgood factor in the States which then finds its way over here.” Stuart Manning, principal at chartered accountants and business advisers MacIntyre Hudson.


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MANCHESTER – The Thomas Tree Farm did not officially open for the season until last weekend, but Wayne Thomas said he sold his first Christmas tree this year on Oct. 28 — almost two months before Christmas Day.
While October is still a bit unusual for a Christmas tree purchase in Maryland, cut-your-own Christmas tree sales are not: State officials said that over the past decade, the number of tree growers and the value of choose-and-cut sales has risen steadily.
“It’s a small market, but it’s a lucrative market,” said Ray Garibay, a statistician for the Maryland Department of Agriculture.
The number of farmers in the state attests to that fact. Garibay said there are now 292 Christmas tree growers in the state, both wholesale and choose-and-cut.
While Maryland does not rank among the top Christmas tree growing states, it brings in about $2.5 million from the trees each year, much of that from cut- your-own farms like Thomas’.
“We’ve seen a growth in the industry and that is a direct result of the need to find niche marketing by Maryland producers,” Garibay said.
The need for niche marketing is driven by the relative scarcity of land in the state, while its success is driven by the large population concentrated in the Baltimore-Washington area, he said.
Thomas, who has about 25,000 trees and seedlings on his 85-acre farm in northern Carroll County, said more and more customers these days are showing up early and bringing the whole family along for a Christmas-tree outing.
“People can make a little family excursion out of it,” he said. “It’s an excuse for them to pack a picnic lunch.”
It is one example of what officials call “ag tourism” — niche markets to serve families that want an affordable way to spend time together outdoors.
Thomas, who belongs to the 107-member Maryland Christmas Tree Association, said he sells about 2,000 trees in a typical year. On a busy day, he and his wife, Marian, will sell about 400 trees.
“We’re hoping for a little bit more this year,” he said.
Thomas attributes the success of the choose-and-cut Christmas tree business in Maryland to the desire of families to spend time together and to make sure they are getting a fresh product.
The Schmelyuns are one such family. Although they usually wait until this weekend to cut down their tree, the Manchester family decided to celebrate Christmas at the same time as Thanksgiving this year, since the extended family was going to be together for the first time in 10 years.
So last week found the Schmelyuns trudging up a hill at the Thomas Tree Farm, dragging their freshly cut Christmas tree along behind them.
“We usually come the Friday after” Thanksgiving, said Kathy Schmelyun as she closely watched her young son Dhane.
Thomas said he is happy to sell his trees any time of the year.
“We’re farmers, and we’re here all the time,” he said. “If somebody comes in June and wants a Christmas tree, they’re welcome to it.”
And at this time of year, he said, very little will keep a family from making the trip to find their tree. Snowy days increase his business, as the white Christmas atmosphere draws holiday lovers from all around the county.
Even gloomy weather doesn’t them, he said. Families will still come “even if it’s pouring rain,” Thomas said.
-30- CNS 11-21-01


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|Tytuł NEXEN TIRE Received the `Outstanding Quality Performance` by Fiat Chrysler Automobiles (FCA)||Date2018-09-03|
- NEXEN TIRE proved its global competitiveness as Changnyeong and Yangsan plants were the only plants selected in the Korean tire industry for an ‘outstanding supplier’ by FCA
- The company plans to continue its endeavors in satisfying customers, global car makers, and partners by ensuring high quality products and services
Seoul, South Korea, September 16, 2015 – NEXEN TIRE, a leading global tire manufacturer, has been recognized as an outstanding supplier by Fiat Chrysler Automobiles (FCA), proving itself to be the optimal choice for global car makers and customers around the world.
NEXEN TIRE received an ‘Outstanding Quality Performance’ out of FCA’s global suppliers at the ‘2014 Outstanding Supplier Quality Award’ held on September 15th, at Imperial Palace Hotel in Seoul, Korea by Fiat Chrysler Automobiles (FCA).
FCA evaluates technical skills, quality, and brand value in order to give recognition to the most outstanding suppliers each year. Last year, FCA recognized NEXEN TIRE as an “excellent supplier” in the Chemical APAC Export sector during the 2014 APAC Supplier Town Hall and Awards Ceremony held in Shanghai.
‘Outstanding Supplier Quality Award’ is an annual event that FCA presents to its most outstanding plant for manufacturing outstanding quality products among global suppliers. This year, out of 1,500 global suppliers, 5 tire plants from 4 manufacturers were selected, and NEXEN TIRE proved its global competitiveness as their Changnyeong and Yangsan plants were the only plants selected in the Korean tire industry.
“It is a great honor to be recognized by FCA again this year. These achievements are a testament to our performance-driven technology and the outstanding quality of our products,” said NEXEN TIRE. “We will continue our endeavors in satisfying our customers, global car makers, and partners by ensuring high quality products and services.”
NEXEN TIRE has been supplying original equipment tires for various FCA’s models, including the 500x, Fiat’s first crossover vehicle, the all new Chrysler 200 midsize sedan, and the Ram 3500 pickup truck. Most recently, the company signed a contract to supply original equipment tires for the Fiat Ducato, a commercial van.
The company also has been supplying its original equipment tires to various global car manufacturers since 2012, including Mitsubishi, Fiat, Volkswagen, Chrysler, Skoda, and SEAT.


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FOR IMMEDIATE RELEASE
PowerSphyr Names David Meng Chief Executive Officer
DANVILLE, CA – August 15, 2017 – PowerSphyr, one of the world’s most innovative providers of wireless power technology, today announced that David Meng, the company’s co-founder and an innovator in the wireless power industry, has been named Chief Executive Officer.
Meng has 17 years of leadership and technology experience in the U.S. and abroad. Prior to PowerSphyr, he founded and served as CEO of Spectra Optronics International, an advanced clean technology company specializing in LED products for general illumination.
Meng succeeds Neil Ganz, who will remain on PowerSphyr’s Board of Directors and will continue to be actively engaged with the company at the board level.
“PowerSphyr has developed industry-defining wireless power technology that has applications in virtually every market segment, and I’m very excited about the future of our company,” Meng said. “I look forward to building on Neil’s valuable contribution in launching PowerSphyr and working closely with the rest of our team to realize the full potential of our technology and solutions.”
Ganz said: “David is uniquely qualified to lead PowerSphyr in the next phase of the company’s growth. He has the rare combination of strategic vision and technical expertise necessary to make a disruptive technology like wireless power an enormous success.”
Meng has a wide range of experience in technology hardware development, manufacturing and marketing in the U.S. and Asia. From 2005 and 2010, he led regional marketing and operations for Multi-FineLine Electronix (NASDAQ: MFLX), where he managed corporate relationships with the world’s largest contract electronics manufacturers, including HTC, Foxconn, Flextronics, Asus/Pegatron and Acer/Wistron. Earlier in his career, he held positions with leading global electronics corporations, including Wearnes Global headquartered in Singapore and Delta Electronics, the world’s largest power supply manufacturer headquartered in Taipei.
PowerSphyr Inc. is revolutionizing wireless power transfer with its first-to-market, multi-mode technology. PowerSphyr’s technology is optimized for seamless delivery of varying levels of wireless power to consumer electronics ranging from mobile devices and IoT to medical and industrial applications. The PowerSphyr advantage is based on its unique ability to manufacturer and market its branded consumer products and turnkey solutions to OEM device-manufacturers to satisfy regulatory compliance and safety requirements. PowerSphyr’s solutions are universally compatible with the major wireless standards. For more information, visit www.powersphyr.com.
Greg Berardi, Blue Marlin Partners


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The continued proliferation of e-commerce and the demand for rapid delivery is one factor bulwarking industrial real estate’s continued boom.
Stare out a street-side window for a few minutes and you don’t have to wait long to see a truck from FedEx, UPS, the U.S. Postal Service or some local delivery service scoot on by shuttling brown boxes to seemingly every address on the block.
Delivery of all kinds of goods has become ubiquitous and only keeps growing, especially with so many boutique firms offering subscriptions to regular-use products like razor blades, electric toothbrush heads, pet food, meal delivery kits and countless other items. And then, of course, there’s Amazon and it’s daily deluge.
It’s this activity that’s helping drive the fortunes of the U.S. industrial real estate sector. And the findings in our fifth annual study of the sector show there’s little expectation for the tide to turn. Fundamentals in 2018 improved across the board. And while there was some weakening in the bullishness among our readers compared to last year’s study, the overall sentiment remains very optimistic.
For the second straight year, we asked readers how much longer they think the expansion cycle will last for the industrial sector. Sentiment is somewhat less bullish than it was a year ago. In this year’s survey, 44 percent of respondents said the sector’s expansion phase has at least 12 more months. A year ago, 66 percent of respondents felt that way. In the current survey, 33 percent said it will last 12 to 24 months (down from 43 percent a year ago), while another 11 percent said it would last more than two years (compared with 23 percent last year).
In fact, 12 percent of respondents said they believe the expansion phase is already over (up from 4 percent last year). And 44 percent indicated it would end sometime in the next 12 months (up from about 30 percent of respondents in our 2018 research).
On the cautious side, one respondent wrote in, “I think the economy is starting to enter a slowdown, and once some of the young exciting companies don’t pan out, it will cause a review of current real estate strategies, which were based or influenced by the continued expansion of the status quo.”
Another, however, expressed reasons for remaining bullish.
“Increases in e-commerce sales are not likely to slow, while consumer expectations are now for doorstep delivery within 24 hours of purchase,” the respondent wrote. “In addition, traditional retailers have continued to keep more inventory on hand and closer to the end consumer. Assuming these trends persist, we are likely still in the middle stages of building out the necessary infrastructure to continue to meet growing consumer demand and thus the industrial sector likely continues to expand (albeit at a much slower pace) even in the face of a minor recession.”
For the third consecutive year, respondents estimated cap rates in their region to be 6.1 percent. That was after reporting declines in cap rates in both 2015 and 2016. In addition, more than half of respondents said they expect cap rates to rise in the next 12 months—a higher level of bearishness than respondents reported in 2018, but below the 58 percent that answered that way in the 2017 survey.
The amount of respondents saying cap rates would decrease further fell to 14 percent—the lowest figure in the five years we’ve been conducting the research. The remainder of respondents—35 percent—said they expected cap rates to remain flat in the next 12 months.
When it comes to capital markets, sentiment has not moved at all since our last survey.
On the equity front, 45 percent of respondents said the availability of capital was unchanged from a year ago (matching last year’s figure). An additional 33 percent said capital was more widely available (virtually unchanged from last year’s 34 percent). However, 15 percent said less capital was available, which was up from 8 percent in 2018, and only 7 percent said they were unsure, compared with 13 percent last year.
The picture was similar on the debt side, where 47 percent said it was unchanged (down slightly from 50 percent in 2018), 27 percent said it was widely available (down from 29 percent), 15 percent said it was less available (up from 10 percent) and 10 percent said they were unsure (in line with 2018’s 11 percent).
Respondents were also asked how they expect lending factors to change in 2019. Nearly four-fifths (79 percent) expect further interest rate increases (up from 75 percent a year ago). And 37 percent also expect a rise in the risk premium (similar to last year’s 37 percent figure). For two other factors (loan-to-value ratios and debt service coverage ratios), a majority of respondents (roughly 66 percent for both) don’t expect to see changes. Those numbers were consistent with 2018’s sentiments.
As that translates to investment activity, just less than half of respondents (47 percent) said they plan to hold industrial properties in the next 12 months (virtually unchanged from last year’s 48 percent). About 18 percent plan to sell (up four percentage points from 14 percent in 2018). In addition, 35 percent are looking to buy, down a hair from 38 percent in 2018.
In assessing industrial real estate’s subsectors, a majority of respondents (60 percent) said warehouse/distribution facilities in traditional locations would be most in demand going forward. That was followed by “last mile” warehouses (48 percent) and flex industrial facilities (37 percent). Respondents were allowed to select more than one property type. The subsectors finished in the same order in 2018, but, notably, the figure for “last mile” facilities jumped 12 percentage points, while the figure for traditional locations dropped 4 percentage points. The flex figure was up from 32 percent in last year’s research.
“As e-commerce continues to grow and the number of products available increases with customers demanding shorter delivery times, the proximity of facilities to the consumer will be increasingly important,” one respondent wrote in. Another agreed, “delivery for products (is) reaching an all-time high—there is a demand that needs to be filled. As that demand increases, so will the occupancy—and development—of the industrial assets that house them.”
As has been the case with our four previous studies, there is almost no concern about overbuilding in the industrial sector.
In all, 50 percent of respondents said the level of development is about right for the sector, which is similar to last year’s figure of 52 percent. Just more than one-quarter of respondents (27 percent) indicated there is too little development occurring (down slightly from 31 percent last year). Only 9 percent said too much development is taking place (up a hair from 7 percent in 2018), with the remaining respondents saying they are unsure.
California’s Inland Empire market is currently experiencing the greatest amount of new development, according to the most recent data from JLL. The market currently has 28.4 million sq. ft. under construction. Other markets with robust pipelines include Dallas/Fort Worth (23.8 million sq. ft.), Eastern and Central Pennsylvania (19.0 million sq. ft.), Atlanta (18.4 million sq. ft.), Chicago (10.49 million sq. ft.) and Indianapolis (10.26 million sq. ft.)
In evaluating demand, almost one-quarter of respondents say there is room for 25 percent or more of current inventory in additional absorption, a new high in the five years we’ve been conducting the survey.
As in past years, we continued to gauge how the conversion of old industrial boxes into other uses is affecting industrial real estate fundamentals.
Overall, 66 percent of respondents said that this activity is taking place in their markets. (The figure has hovered between 64 percent and 70 percent in all five years we’ve conducted the survey.)
What has changed among respondents is the assessment of how this removal of space is affecting the broader market. Whereas a few years ago a majority of respondents thought this removal of inventory was leading to a net reduction of industrial space in their markets, in our current survey a majority think this removal is being either balanced by new construction (46 percent) or that the construction of new space is exceeding the amount being removed by conversions (23 percent.)
Sentiment did notably shift on the occupancy rate front in our 2019 survey. For the first time in the five years conducting the research, a majority of respondents did not say occupancy rates would increase, although the outlook is far from bearish.
In all, 45 percent said they expect occupancy rates to rise in their region this year (down from 58 percent in 2018). An additional 33 percent expect no change (up from 28 percent in 2018). This year, 22 percent said occupancy rates will decrease—up eight percentage points from last year’s figure.
In 2018—at least the first half of the year—many of the largest leases signed were for third-party logistics (3PLs) providers for distribution of products to customers, according to a report from CBRE.
An analysis of leases for 100 largest industrial and logistics (I&L) spaces by square footage, which together totaled 67.8 million sq. ft., showed that 56 of the leases were signed by 3PLs and e-commerce users.
“This was the first time 3PLs were at the top of the list, a proof-in-point that people are outsourcing as much as possible,” Adam Mullen, CBRE Americas leader of industrial and logistics, told NREI in October. “The strength of leasing to 3PLs shows that companies are striving to create the most flexible and nimble distribution networks possible.”
Southern California’s Inland Empire led U.S. metro areas for the largest share of big leases in the first half of 2018, with 14 transactions comprising 11.6 million sq. ft., followed by Atlanta with 10 deals for 7 million sq. ft. Additionally, Chicago had 11 deals, with a total of 6.8 million sq. ft. leased, Pennsylvania’s I-78/I-81 corridor reported 10 deals for 6.8 million sq. ft.; and Dallas-Fort Worth had eight new industrial leases with a total of 5.2 million sq. ft.
The outlook for sector rents remained consistent with past years.
The majority of respondents (approximately 75 percent) said they expect rents to rise in their region in the next 12 months. (The figure has been around 80 percent in all four surveys, but this year’s figure was the lowest we’ve received so far.) But—as in 2018—only 2 percent said they think rents will decline. About 22 percent said they will remain flat—up from the 16 percent who answered that way in 2018.
Indeed, in the third quarter of 2018, annual rental growth accelerated to 6.3 percent, according to data from JLL. That pace of growth exceeded the numbers posted in the first and second quarters. The firm reported rents for the sector averaged $5.74 per sq. ft. nationally.
In addition, JLL reported the vacancy rate for the sector at 4.8 percent, an all-time low despite healthy construction volumes.
Respondents were asked to rank the relative strength of their regions. The results were similar to past years (on a scale of 1 to 10)—with the West (8.2) and the South (8.0) continuing to top the East (7.7) and Midwest (7.0). The numbers for all four regions rose between 10 and 30 basis points.
Written by David Bodamer - January 24, 2019
National Real Estate Investory
January 28, 2019


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Financial & Legal Ltd, the specialist LEI insurer headed by MD Karen Beales, has launched a new excess protect product range distributed via brokers, covering excess losses on home, motor and bike as well as a combination product. Karen explained that brokers can sell excess cover either as a stand-alone add on to a primary home or motor policy, or it can be tailored to protect customers across a range of excesses, including travel, motor, bike and home.
She said: “The excess can differ by policy and insurer so we have developed our proposition to ensure brokers have greater flexibility to select a product to suit the customer needs.”
Karen, who joined FLI as MD in February 2020, said her team’s focus on creating a new excess proposition was a response to the lack of innovation in this sector of the ancillaries market. “The market is in stasis and struggling to attract new capacity, so we have a great opportunity, using our own capacity, to re-energise the sector with more innovation.”
She added: “We are also able to enable delegated authority for policy issue and claims, or we can handle claims ourselves, so our broking partners have a number of options to choose from.”
The new product has been tested with Commercial and General for the past few months and according to Charles Coburn, business development director at C&G, it has been a valuable addition to their overall customer proposition.
He said: “The market for excess protect and similar ancillary covers has been contracting, which is disappointing, because our customers tell us that excesses are a major source of concern, especially for our motor customers on finance packages, who don’t want to risk being left with a heavy bill should their vehicle be written off during the contract.”
He went on: “I’m pleased that quality products are coming back into this market, which will encourage more confidence among brokers to offer the products knowing that they are backed by solid and stable capacity.”
Karen said that the partnership with Commercial and General had been a valuable opportunity to test the products before reaching out to new and existing trading partners, and she looked forward to ancillaries becoming a significant new area of growth for FLI as it builds a diversification strategy out from the core LEI offer.


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by Ian Harvey
October 16, 2020
Yesterday, Taiwan Semiconductor, the world's leading chip foundry, reported that its third-quarter net profit climbed 36% and revenue increased about 30% on solid demand for high-end chips.
Stock Options Made Easy “Armchair Trader Series Members” have already made 100% on this trade, which was executed on Tuesday, September 29, 2020. On Monday the potential profit hit 142%.
Should we be re-entering with another options trade due to this pull-back?
TSM has become the world’s largest contract chipmakers. Many of the top technology companies look to TSMC’s fabrication plants to manufacture their custom chips.
TSM reported earnings yesterday, Thursday, October 15, 2020.
Taiwan Semiconductor earned 90 cents per American depositary receipt on sales of $12.14 billion in the September quarter; rising 14.7% from the second quarter and 21.6% from the year-earlier period. Analysts expected the company to earn 81 cents a share on sales of $11.93 billion. In the year-earlier period, it earned 62 cents per U.S. share on sales of $9.45 billion.
“Our third quarter business benefitted from the strong demand for our advanced technologies and specialty technology solutions, driven by 5G smartphones, HPC and IoT-related applications,” said Wendell Huang, VP and Chief Financial Officer of TSMC.
“Moving into fourth quarter 2020, we expect our sequential growth to be supported by strong demand for our industry-leading 5-nanometer technology, driven by 5G smartphone launches and HPC-related applications.”
Moving Ahead to the fourth quarter, Taiwan Semiconductor expects to generate revenue of $12.55 billion, based on the midpoint of its guidance. In the year-earlier period, it reported sales of $10.6 billion. That would translate to year-over-year sales growth of 18.4%.
Let’s Have A Look At The Recommendation…..
** OPTION TRADE: Buy TSM JAN 15 2021 85 CALLS at approximately $4.80 (Up to $5.30).
Place a pre-determined sell at $9.60.
Also include a protective stop loss of $1.95.
“Taiwan Semiconductor Mfg. Co. Ltd. (ADR)(NYSE: TSM) — commonly referred to as TSMC — has become the world’s largest contract chipmakers. Many of the top technology companies look to TSMC’s fabrication plants to manufacture their custom chips.
The company is currently responsible for providing 5-nanometer and 7-nanometer processors for all newer versions of Apple's iPhone. Additionally, all of NVIDIA and AMD's next-generation CPUs and GPUs are made using the company's semiconductors.
TSM stock has been on a growth path for the past decade, a rate that accelerated over the past five years. It’s had its ups and downs, but there’s no arguing with overall gains of nearly 300% since 2015.
While the tech sector has been hammered in September, TSM stock has largely bucked the trend.
Clearly, this ‘A-rated’ stock has legs, making it one of the best semiconductor stocks to buy.
The Pandemic Effect.....
The COVID-19 pandemic has acted as a catalyst to digitize economies across the world, increasing the demand for Taiwan Semiconductor's core business products.
With many smartphone chips coming from TSMC’s foundries and 5G having a breakout year, TSMC’s second quarter revenue was up 28.9%, while profits were up 81% year-over-year. And the company is expecting that boost in demand for its silicon chips to increase, telling investors: “Moving into third quarter 2020, we expect our business to be supported by strong demand for our industry-leading 5nm and 7nm technologies, driven by 5G smartphones, HPC and IoT-related applications.”
Taiwan Semiconductor Manufacturing's has obtained lead in advanced semiconductor manufacturing over the past few years, and that lead only seems to be getting bigger. Last month, rival Intel, one of the last chipmakers that manufactures its own chips, admitted that it had run into a design flaw for its 7 nm manufacturing process, and would be falling some 12 months behind schedule. Intel had already ceded the leading-edge node lead to TSM in 2018, and that lead only seems to be getting bigger.
Advanced chip manufacturing is hard, but TSM's years of experience making a wide variety of semiconductors has given it a knowledge and process lead that other manufacturers are struggling to match. In fact, rival GlobalFoundries threw in the towel on competing with Taiwan Semi on the leading edge back in 2018. Intel itself even hinted that it may outsource some manufacturing going forward, likely to TSM. The U.S. government also recently subsidized TSM to build a new fabrication plant in Arizona on national security grounds.
It seems TSM has built itself a formidable moat in chip manufacturing.
Taiwan Semiconductor last posted its quarterly earnings data on Thursday, July 16th.
The semiconductor company reported $0.78 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.73 by $0.05. Taiwan Semiconductor Mfg. had a net margin of 36.96% and a return on equity of 27.42%. The company had revenue of $310.70 billion for the quarter, compared to the consensus estimate of $273.44 billion.
During the same period last year, the company earned $2.57 earnings per share. The firm's revenue was up 28.9% compared to the same quarter last year.
TSM will next report earnings on the 15th October, 2020.
The company is expected to report EPS of $0.81, up 30.65% from the prior-year quarter. The most recent consensus estimate is calling for quarterly revenue of $11.45 billion, up 21.84% from the year-ago period.
For the full year, Consensus Estimates are projecting earnings of $3.14 per share and revenue of $43.59 billion, which would represent changes of +46.05% and +25.86%, respectively, from the prior year.
The U.S. government's move to block shipments of certain technology products to Chinese chip foundry SMIC, or Semiconductor Manufacturing International Corp., a state-backed chipmaker and a key part of Beijing's buildout of its domestic chipmaking industry, will definitely benefit foundries outside of China, such as Taiwan Semiconductor Manufacturing.
The SMIC trade ban likely only impacts systems used for leading-edge chip production, Susquehanna analyst Mehdi Hosseini said in a note to clients Monday.
Last year, Trump escalated simmering tensions with China by going after one of its flagship companies Huawei. The Trump administration released “a rule that restricts government agencies from doing business with Huawei, the giant Chinese maker of telecommunications equipment and smartphones.”
Taiwan Semiconductor stopped taking new orders from Huawei. But to sweeten the pot for TSM stock, on the same day that the Commerce Department announced its new order, TSM disclosed “it is opening a new $12 billion advanced chip foundry in Arizona with support from the state and the U.S. federal government.”
Taiwan Semiconductor has received a consensus recommendation of "Buy" from the ten research firms that are currently covering the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company.
Several equities analysts have recently commented on the company…..
JPMorgan Chase & Co. reissued a "buy" rating on shares of Taiwan Semiconductor Mfg. in a research note on Monday, July 27th.
Credit Suisse Group raised shares of Taiwan Semiconductor Mfg. from a "neutral" rating to an "outperform" rating in a research note on Monday, July 27th.
Macquarie raised shares of Taiwan Semiconductor Mfg. from a "neutral" rating to an "outperform" rating in a research note on Friday, July 24th.
Finally, Zacks Investment Research cut shares of Taiwan Semiconductor Mfg. from a "buy" rating to a "hold" rating in a research note on Wednesday, September 16th.
The stock currently trades for about 23.4 times price to sales, which is well worth the incredible growth performance the company can deliver. Keep in mind that Taiwan Semiconductor's operations are also yielding an impressive return on equity of 28.5%. The company's stock has gained more than 78% during the past year.
TSM has a quick ratio of 1.26, a current ratio of 1.40 and a debt-to-equity ratio of 0.06. Taiwan Semiconductor Mfg. has a 12-month low of $42.70 and a 12-month high of $86.79. The company has a market capitalization of $409.08 billion, a PE ratio of 27.39, and a price-to-earnings-growth ratio of 1.28 and a beta of 0.94. The firm's 50 day moving average is $79.72 and its 200-day moving average is $61.85.”
Analysts Thoughts After The Report.....
Analysts are generally positive on Taiwan Semiconductor with Wedbush Securities analyst Matt Bryson reiterating his outperform rating on TSM stock. He described the company's third-quarter results as "strong" and its fourth-quarter guidance "robust." Its revenue outlook topped consensus estimates.
"With foundry capacity likely remaining tight through Q4, and TSMC still in the midst of several favorable trends (5G transition in handsets, customer share gains in HPC, etc.) we see no reason to shift our positive stance," Bryson said in a note to clients.
“Revenue shortfall from HiSilicon restriction is likely to be compensated by other customers’ share gains, which reflects TSMC’s technology leadership in the foundry industry. Despite the recent share price rally, we still see risk-reward skewed to the upside thanks to key secular trends in, such as 5G, AI, and high-performance computing benefiting TSMC,” said Charlie Chan, equity analyst at Morgan Stanley.
“CPU outsourcing from x86 vendors
presents incremental upside, thanks to TSMC’s cutting edge technology. Amid an
uncertain macro environment, TSMC’s cash-flow generating ability should allow
it to pay out at least NT$10 DPS annually, which makes it a relatively
defensive global tech stock with strong downside support,” Chan added.
Taiwan Semiconductor stock dipped 0.62% to $88.05 in after-hours trading Thursday; however, the stock is up over 50% so far this year. This could be a good opportunity to execute another call options trade on Taiwan Semiconductor stock.
Where Is Taiwan Semiconductor Share Price Headed Now?
Will Taiwan Semiconductor Share Price Start to Rise When The Market Opens?
Will We Recommend Another Taiwan Semiconductor Trade?
What Other Trades Are We Anticipating?
Do You Wish To Be Part Of This Action?
Join us here at Stock Options Made Easy, and find out our trades moving forward.
An Important Note: That any suggestions for options trade considerations require investors/traders to use their own discretion as to when to enter or exit! As well, it is advisable to do further research and due diligence before executing your trade.
It is sometimes best to exit a trade, if there is already sufficient profit accrued, before an earnings report is presented. GREED can be the undoing of a nice profit!


text: Business in the United States has changed little. It's a dog-eat-dog world. However, there is a new perspective that is more about cooperation than competition, according to author Jeff Tobe. His new book, Coloring Outside The Lines, looks at a new business model that benefits not just your company, but others. By coloring outside the lines, business owners can reinvent the market. However, he warns, that when we do color outside the lines we should not fall off the page entirely.


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Intel has announced today that there is a flaw in the 6 series chipsets which accompany the new Sandybridge processor family. With the cost of this issue likely to top $700m very quickly, KitGuru has been investigating.
At the very least, there will need to be a massive re-engineering effort, alongside costly support and recall issues to deal with.
No matter how easily Intel manages to roll past this problem, it is certain to cause pain for the channel for a long time to come.
After major inventory issues in the second half of last year, Intel’s biggest customers like HP and Acer, made a consistent effort to flush out the older Core products, ready for the 2nd generation Intel Sandy Bridge processors.
How much this will affect HP, Dell and Acer will depend on how successful they were on flushing out the older parts. If they were successful, then there is a very real possibility that there are BOAT LOADS of systems heading to the UK, from factories in China, all of which have suspect chipsets.
Given that a shipment could take 6 weeks to arrive, the ‘choke in the channel’ could be massive.
Worst case scenario for Intel’s biggest customers would be that they have multiple boats heading for Western markets, that all of the products are unusable, that all of the factories like Foxconn are stocked full of broken chipsets and that it will be almost 2 months before the next, working, shipment of Intel’s 2nd generation Core powered systems arrives.
If Intel can fix it in microcode, then it will simply be a nightmare of BIOS flashing across the globe, the like of which has never been seen before. That will also take time.
Intel are reassuring customers that they can “continue to use their systems with confidence”, however they have stopped chipset shipments until they release a new, bug free version which could be late next month.
Intel say “In some cases, the Serial-ATA (SATA) ports within the chipsets may degrade over time, potentially impacting the performance or functionality of SATA-linked devices such as hard disk drives and DVD-drives.” We aren’t really sure how users would feel confident after making a statement like that.
KitGuru says: Expect a jump in prices and increased sales for AMD if, and we stress IF, their partners are Global Foundries are ready to step up to the plate with Phenom II X6 and the AMD sales team are ready to sell like they have never sold before. Just like the BP oil line crisis, at this stage no one knows the true cost.


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Hulu just made a quiet, but powerful move to capture more viewers in VR.
40 Recent Stories
You'll have to wait a little longer to immerse yourself in Hulu's virtual reality television universe.
The New York Times recently collaborated with a virtual reality filmmaker to visually immerse readers in New York City.
A new virtual reality experience puts you in the middle of the 2012 Trayvon Martin shooting, and the effect is disturbingly real.


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EMPORIO ARMANI: RIHANNA ANNOUNCEMENT
Rihanna has just been announced as the new face of Emporio Armani’s underwear and jeans. Wonder what bountiful new weave can be devised to accompany our favourite pop diva’s Emporio denims and panties? We’re rather excited by the prospect!
by Vincent Levy


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Multi-level marketing (MLM) companies that follow the model of Amway, one of the country's largest direct selling companies, will come under Foreign Investment Promotion Board (FIPB) scrutiny at its meeting in the third week of this month.
The FIPB will discuss various alternatives, including whether action should be taken against such companies, as states such as Andhra Pradesh have found their business model prohibited under the Prize Chits and Money Circulation Schemes (Banning) Act (PCMCS) and requested a review of FIPB approvals to such MLM operators.
The Act bans various money circulation schemes that help in making quick or easy money and prize chit schemes. The other alternative expected to be discussed is whether to formulate new terms and a regulatory framework for giving permission to MLM operators following this model rather than cancelling approvals. An inter-ministerial committee has been set up a few weeks ago to formulate either guidelines or legislation or incorporate changes in the PCMCS to regulate MLM companies.
The issue has been referred to the FIPB after an inter-departmental meeting, which involved representatives from the Department of Financial Services (which administers the PCMCS) and the Department of Economic Affairs, responding to requests from the Andhra Pradesh government, decided that as there were many companies engaged in similar activities as Amway it was imperative that clear provisions be incorporated in the FDI policy at the earliest.
In multi-level marketing companies, a sales person gets paid not only for what he sells directly to consumers but also on sales made by members he recruits as his down line. In some cases, a pyramid structure is created where a distributor gets paid for recruiting another member in the scheme without any sale of products.
An Amway India spokesperson said the company was not aware of the Andhra Pradesh government's request for an FIPB discussion. "As such, Amway India Enterprises continues to operate its lawful business in every state of India, including Andhra Pradesh," he added.
The spokesperson said with the Andhra Pradesh police disrupting its operations, the company filed a writ petition before the state high court, which observed the business model of Amway may come within the mischief of money circulation schemes as described under the Act. Amway challenged that judgment by way of a special leave petition before the Supreme Court. "The court, while not allowing the SLP, passed the order dated August 14, directing the investigation officers to complete the investigation within six months uninfluenced by any observation made by the high court," he said.


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Some comic fans are so inspired and thrilled by gay X-Man Northstar's marriage to his boyfriend that they're using the occasion either renew their own vows or tie some fresh knots. Unfortunately, not all the nuptials will be recognized.
Via Bleeding Cool:
Collectors Corner in Baltimore, familiar to Bleeding Cool readers, are celebrating their own gay wedding as two longtime customers renew their vows for an event in-store to celebrate the release of Astonishing X-Men #51.
Midtown Comics are hosting a private same sex wedding in their Downtown store in Manhattan
And MaximuM Comics of Las Vegas and Henderson, Nevada are taking it all one step further, featuring five gay couples in one store and six in another getting a “commitment ceremony”, as gay marriage is not legal under state law, though it does now allow same sex unions.
The staff at both shops will be fully tuxedoed, wedding cakes, flowers and gift bags are on the way, with money raised going to AFAN Aid for AIDS NV.
Marvel's evidently quite confident Astonishing X-Men #51 will be a hit: they're releasing it one day earlier than the rest of the titles due next week.
You can see the first few pages HERE.


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Dell shareholders to consider SEC settlement
by AccountingWEB on
Dell Inc. appears to be closer to an agreement with the U.S. Securities and Exchange Commission, which has been investigating the computer maker and its founder over questionable arrangements with Intel.
Dell disclosed in June that the company and its chief executive, Michael Dell, proposed settlements to the SEC staff. The settlements relate to “violations of securities laws relating to certain accounting and financial reporting matters.” The company set aside $100 million in June as part of the potential settlement, which reportedly also includes the provision that Dell continue to serve as chief executive, according to a report by The Wall Street Journal.
Dell Inc. held its annual meeting July 16, but it adjourned in less than an hour, and will reconvene Aug. 12 to give shareholders time to consider information from the investigation into rebates Dell received from Intel and the related settlement talks, The Wall Street Journal reported. Any agreement would have to be approved by the SEC and a U.S. District Court.
The SEC investigation has led to Dell restating four years of earnings. Dell conducted its own probe and found in 2007 that employees misled auditors and adjusted numbers to meet growth targets. It found that sales had been overstated by $359 million and income by $92 million, an Associated Press report stated. Its chief financial officer was replaced.
In a separate matter, Dell last year agreed to settle a shareholder class-action lawsuit for $40 million over its accounting practices and other issues.
New York Attorney General Andrew Cuomo also is looking at the relationship between Dell and Intel. He has filed a lawsuit against Intel, accusing the chip maker of using rebates and co-marketing arrangements as bribes to persuade Dell and others to use its products rather than lower-cost chips, the Silicon Valley/ San Jose Business Journal reported.
You may like these other stories...
Accounting’s Big Data problemReality is swiftly outpacing the ability of accountants to gauge Big Data. In an article for CFO, David M. Katz asked, “What needs to happen for them to start to catch up?”...
Outsourcing loses its luster for US tech companiesEmily Chasan, senior editor of the Wall Street Journal’s CFO Journal, reported today that technology companies in the United States are putting the brakes on plans to...
Read more from Larry Perry here and in the Today’s World of Audits archive.In my last article, I presented an overview of one of the first steps in the preplanning phase of an audit engagement: reviewing prior year...
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The program to create the vehicle is “progressing according to plan” with the accord on the platform, Munich- based BMW said Monday in an emailed response to questions.
Carmakers are trying to ease the burden of investing in new models as the cost of technology such as autonomous driving and more efficient engines strains profitability. The difficulty of reaching adequate returns on spending has prompted Fiat Chrysler CEO Sergio Marchionne to advocate for consolidation in the industry.
Toyota, the world’s biggest carmaker, and BMW, the biggest producer of luxury vehicles, outlined plans for the sports car in early 2013 and said in November 2014 that they’d reached the concept phase for the vehicle after completing a technical feasibility study. The manufacturers have declined to specify where the model might be built or when production would start.
The carmakers’ cooperation alliance also includes research projects on fuel cells. Testing of a first set of components remains scheduled for 2020, BMW said Monday.


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On Thursday, the global retail giant introduced Polaris, a search engine developed by its @WalmartLabs group, to provide online shoppers with more relevant responses to queries entered at Walmart's website.
Neil Ashe, president and CEO of Walmart global e-commerce, in a statement characterized search as "a crown jewel for any e-commerce company to own" and presented Polaris as proof that the company is committed to "owning technology that is fundamental" to serving its customers.
Amazon knows the value of search only too well. Though its internal search initiative, A9, could not compete with Google as a stand-alone search site, the company has employed its A9 search technology to good effect internally. Amazon's quarterly revenue growth has averaged almost 40% for the past two years, largely due to its e-commerce strength.
[ Read Apple Worked A Broken Patent System. ]
Walmart, which reported 2012 sales of $444 billion, is growing about five times more slowly than Amazon and only generates about 2% of its revenue from e-commerce. The company's underwhelming e-commerce performance was addressed by CEO Mike Duke in the company's second quarter fiscal year 2013 conference call for investors in mid-August.
"We've been focused on stepping up the intensity of our global e-commerce opportunity," said Duke, noting that recruiting talent in Silicon Valley has become easier as the work of @WalmartLabs has become known. "...Our goal is to have a deeper relationship with our customers to drive greater loyalty and e-commerce is key to that strategy. We're also constantly driving innovation. We're building a new global platform to take our assortment and services to every one of our markets simultaneously."
That's probably a wise move if Forrester Research's predictions prove accurate. The analysis firm projects that online shopping in the U.S. will generate $327 billion in 2016, an increase of 45% from $226 billion in 2012. It also expects that by 2016, e-retail sales will account for 9% of all retail sales, up from 7% in both 2012 and 2011.
Walmart signaled its intention to improve its product search in April when it announced plans to acquire Kosmix, a social media company focused on e-commerce. Kosmix was folded into @WalmartLabs, the retailer's online commerce division.
Sri Subramaniam, former VP of engineering at Kosmix, was installed as a VP at @WalmartLabs and became the head of the Polaris initiative. He describes Polaris as the beginning of an effort to "accelerate Walmart's global e-commerce efforts."
Polaris utilizes what's known as "semantic search." The system does not merely match keywords to terms in a static index. Rather, it attempts to decipher the meaning of queries. For example, a search for "denim" would return e-commerce listings for jeans because "denim" and "jeans" are related concepts.
Any good search engine does this to some extent, but semantic capabilities are particularly useful for e-commerce search because queries don't have to match product keywords exactly to be presented and potentially drive a sale.
Polaris is based on Kosmix's Social Genome project, which monitors online social interactions and uses that information as business intelligence. For instance, it gathers signals about products likely to be successful at specific retail locations.
Customers may not notice the presence of Polaris at walmart.com. There's no visible sign announcing the new search engine. But Walmart has noticed. The company says it has seen a 10% to 15% increase in shoppers completing purchases for products found via search queries entered on its website.
At this year's InformationWeek 500 Conference, C-level execs will gather to discuss how they're rewriting the old IT rulebook and accelerating business execution. At the St. Regis Monarch Beach, Dana Point, Calif., Sept. 9-11.


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It’s beginning to sound like a broken record: another games awards ceremony announces their nominations and once again Sony Interactive Entertainment is leading the way.
I think we can all (mostly) agree that Sony had a BRAHsome 2020, full of fantastic games across the PS4, PS5, and PlayStation VR. The guys and gals over at the BAFTA Games Awards also agree, seeing as how SIE published titles received a whopping 46 nominations!
The Last of Us Part II and Ghost of Tsushima lead the way with 14 and 12, with Marvel’s Spider-Man: Miles Morales snatching 7 and Dreams getting 6. Astro’s Playroom, Demon’s Souls, and Sackboy: A Big Adventure also received some loving!
Winners will be announced Thursday, March 25th and will be streamed exclusively online.


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Humane Society International (HSI) congratulates Councillor John Arkan of Coffs Harbour City Council (CHCC) for joining the fight against Australian Egg Corporation Limited (AECL). AECL recently proposed changes to industry standards allowing an increased stocking density for free range hens from 1,500 to 20,000 birds per hectare, a massive 13 fold increase.
The Australian Competition and Consumer Commission (ACCC) have called for comments on the proposed changes which are now due by 30th June 2012. Coffs Harbour City Council voted unanimously to make a submission to the ACCC and they hope neighbouring Councils will follow their example and do the same.
Humane Society International calls for other Councils to step in and join Coffs Harbour City Council in an effort to protect consumers, producers, and of course the hens, by arguing that the lower limit of 1,500 hens per hectare must be enforced. The proposed standard would be welcomed by larger industrialized producers because it would allow them to market more of their eggs as ‘free range’, but it could potentially devastate genuine free range egg farmers. If the changes were passed it would also mean that the term ‘free range’ would no longer reflect consumer expectations, affecting consumer confidence in the egg industry.
The Government model for addressing these issues is to put it in the too hard basket and hand it back to industry to self regulate. The history of industry self regulation is a grim one when dealing with livestock issues, as we all witnessed in the recent live trade debate. The way peak industry bodies operate is to favour the large industrial producers at the cost of real Australian farmers. This current egg debate is a good example of how this works. Egg Corporation (AECL) have identified the growing demand for free range eggs but rather than support the true free range farmers in expansion, they want to redefine free range to suit the existing production methods already used by Egg Corp assured farms, running more than 20,000 hens per hectare. This is blatant fraud perpetuated by industry and is being sanctioned by Government.
We applaud Coffs Harbour Council for speaking up for their producers and constituents and encourage other Councils to follow suit.
To find out more about how you can provide comments to the ACCC, due by their extended deadline of 30th June 2012, click on this link which will take you to the relevant page on our website.


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June 26, 2011 § 2 Comments
May 24, 2010 § 1 Comment
Apple is making the headlines again lately, and this time, it’s not with good news. Foxconn, a major electronics manufacturer that assembles Apple’s iPhones and iPads, has seen yet another employee suicide: the eleventh suicide attempt in the last year, and ninth successful one. Nan Gang, a 21-year old employee of the company, died after jumping off the four-storey building. But wait – this isn’t new. We’ve seen this before. The question is why is it still happening, and happening so frequently.


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Cryptocurrency trade is one which has been seeing fixed enhancements and innovation from the day it got here to be, to this very day. Not a day goes by when somebody does not provide you with a brand new thought, a greater technique to do one thing, or an answer to some situation. The final a number of years have been particularly large for innovation and developments, because the crypto sector began arising with whole developments, which indicated that the eye of the group is starting to deal with a single factor on the time when it’s the most related.
In 2019, we had the IEO (Preliminary Alternate Providing) pattern, which introduced a a lot, a lot safer technique to launch new cash than ICOs. In 2020, the DeFi sector exploded, with its TVL skyrocketing from $1 billion on June 1st, 2020, to $16.5 billion on December thirty first, 2020. The expansion continued at a good larger pace in 2021, permitting DeFi to hit an ATH of $86.18 billion on Could twelfth, regardless that it was almost lower in half within the following bearish wave.
Nonetheless, 2021 already has a brand new pattern for itself, regardless that DeFI continued to thrive. The main focus partially shifted in direction of tokenization, permitting NFTs to prosper. Nonetheless, NFTs will not be the one space of the crypto trade to learn from tokenizing real-world property, as there are additionally issues like decentralized derivatives, or artificial property, as they’re also called. It’s attainable that the pattern began again in February 2021, through the GameStop brief squeeze, when a bunch of redditors stood up towards institutional buyers who have been destroying firms so as to generate income for themselves, by massively shorting their shares.
When Redditors began massively shopping for stated shares, many centralized firms providing shares to retail buyers by their apps out of the blue eliminated them. Nonetheless, crypto exchanges have been there to leap in by tokenizing these corporations’ shares, out of the blue making them extra accessible. Within the meantime, the crypto trade developed a style for artificial property, and it determined that it wished extra, which led to the creation of initiatives like Octopus Protocol.
Octopus Protocol and OPS
Octopus Protocol is a brand new decentralized mission that enables customers to create tokenized derivatives, or artificial property, that grant a brand new stage of entry and publicity to real-world underlying property, equivalent to shares, commodities, bonds, and just about anything that one can be prepared to spend money on. It has its personal, quickly evolving ecosystem and platform, in addition to its personal, native token, OPS.
The is a BEP20 token, though it has but to be launched. OPS itself is a utility token, that may accrue worth from platform charges paid for partaking and accessing the accessible merchandise within the Octopus ecosystem. That features creating artificial property, exchanging derivatives on buying and selling platforms, and comparable actions.
The token has a complete of three main functions, which embrace
Governance is slightly clear by itself — OPS holders will likely be allowed to vote on upcoming selections, upgrades, and alike, and assist navigate the mission alongside different members of the group. Staking can also be fairly self-explanatory, and it implies that customers will have the ability to stake the token and obtain rewards for doing so.
As for Engagement, OPS tokens will likely be used to incentivize actions throughout its ecosystem in varied methods, which makes it a way of internally accessing the Octopus system for partaking with its services.
The mission has a purpose to disrupt the decentralized derivatives market by providing a easy and user-friendly technique to entry them. Since there may be at the moment an incredible demand for artificial property, and the variety of initiatives specializing in them is quickly growing, it is perhaps that the brand new tokenization pattern is narrowing down and that artificial property will develop into its essential department in days, weeks, and months to come back.


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By Momuro - 12.01.2020
Cryptocurrency tax rate 2019
Here are the federal income tax brackets in the United States for the tax year. These tax rates apply to short term capital gains (crypto or other capital. By Mordecai Lerer, CPA · Featured, Feature Articles, January Issue |. January Get Copyright Permission.
How EY can help
Show resources Determining which transactions are taxable and then cryptocurrency tax rate 2019 much to pay remains a challenge. The continuing reluctance of national tax authorities around the globe to issue detailed guidance on the treatment of digital currencies has been an increasing concern for businesses over the past five years.
The situation cryptocurrency tax rate 2019 arguably more confused today than it has ever been. Virtual currencies and other crypto assets have increased greatly in number, but tax jurisdictions including the US and the UK have cryptocurrency tax rate 2019 to develop systematic approaches to their treatment.
Meanwhile, China, India, Japan and South Korea have all imposed rules to make trading in cryptocurrencies difficult, costly or even illegal.
Cryptocurrency Tax Guide (2020) – Filing and Paying Taxes on Cryptos
The sum owed will depend on how long they have held the currency, the size of profit and whether the jurisdiction concerned taxes capital gains. Most countries also treat earnings in cryptocurrencies as barter transactions or payments in kind.
How EY can help Digital tax Digital is a megatrend click to see more is both a dynamic and pervasive disruptor, as well as a springboard to the future.
The way cryptocurrency tax rate 2019 world operates will never cryptocurrency tax rate 2019 the same as companies transform every aspect of their business to this web page viable and competitive in a digital world.
Read more Although the US Internal Revenue Service IRS recently won a case that forced a large cryptocurrency exchange to turn over the account records of more than 13, customers, the IRS and other US authorities have maintained a relatively hands-off approach in other respects.
The IRS still falls back on guidance on crypto assets that accompanied regulations published in This states that a taxpayer will cryptocurrency tax rate 2019 a capital cryptocurrency tax rate 2019 or gain upon concluding an exchange or sale of a cryptocurrency serving as a capital asset.
The cryptocurrencies top 2019 10 is that the IRS views cryptocurrencies as cryptocurrency tax rate 2019 in nature to traditional assets.
Cryptocurrency tax: How it works in different countries
There are turf wars between the different regulatory agencies, and none of this is in the best interest of the US or the blockchain technology industry. Rather than giving definitive guidance, it continues cryptocurrency tax rate 2019 insist that tax liabilities on crypto assets will be decided on a case-by-case basis.
For instance, Bitcoin cryptocurrency tax rate 2019 this process in August to spawn Bitcoin cash. This raises a number of tricky questions that tax administrations worldwide have yet to answer definitively: on the day of a fork, does an owner of the original cryptocurrency tax rate 2019 recognize income for the new asset?
What if there is no market for the new asset because, say, digital wallets do not support it? And at what value should the adjusted basis be calculated?
Cryptocurrency Tax Laws (New) 2020
The bottom line is that people who are dealing with cryptocurrencies should keep meticulous records on when they cryptocurrency tax rate 2019 and sold these assets, so that they can calculate the correct costs for tax purposes. The tool click connects with multiple cryptocurrency exchanges and wallets, giving users a broad view of transactions and inventory.
We favor a holistic approach. When companies review their cryptocurrency tax rate 2019 profiles in the digital space, their discussions should cut across all traditional disciplines, including income tax, value-added tax VAT and transfer pricing. Crypto complexity Digital currencies have expanded considerably in type and scope in recent years.
Why there’s global tax confusion about digital currencies
One of the cryptocurrency tax rate 2019, Ethereum, supports a wide range of sophisticated apps that cover areas ranging from smart contracts to financial cryptocurrency tax rate 2019, for instance.
So-called stablecoins form another emerging cryptocurrency class. Designed to combine the strengths of both digital and traditional investments, they are pegged to a stable asset such as gold or a fiat currency such as the dollar.
The picture is becoming even more complex with the development of crypto assets such as utility tokens. It cryptocurrency tax rate 2019 certainly not the sort of thing we regulate at moment and that seems to be the approach being taken internationally as well.
At one end of the scale is Ilan Goldfajn, President of the Central Bank of Brazil, who has declared that cryptocurrencies will not be regulated on his watch.
At the other is China, which last year banned direct trading between renminbi and virtual currencies. That said, China does take a much more positive view of blockchain, with its central bank seriously thinking cryptocurrency tax rate 2019 creating its own digital currency, doubtlessly tightly controlled.
Related article Digitalizing tax collection Blockchain, the technology invented to make Bitcoin work, is revealing its transformative potential in several other fields, from logistics to medicine. It even promises to revolutionize taxation.
Authorities are attracted by the transparency cryptocurrency tax rate 2019 security it offers; in particular, the traceability afforded by blockchain could aid in the prevention of financial crimes such as money laundering.
HMRC is working toward a paperless system under the Making Cryptocurrency tax rate 2019 Digital banner and is taking blockchain seriously as a potential administrative tool. How EY can help.CRYPTO TAX CRACKDOWN 2019 - TAX EXPERT EXPOSES IRS METHODS
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Stone Enterprises News
Find all the latest updates about Stone Enterprises including company news, industry news, new custom machinery production, and more.
This past year has taught us that manual labor can easily be an Achilles’ heel in many food manufacturing settings – especially when it comes...Read More
Welcome, Jan Kuhlmann!
We are pleased to announce the addition of Mr. Jan Erik Kuhlmann as Executive Vice President – Business Development, effective November 9th,...Read More
Packaging Replacement Parts for the Food Processing and Packaging Industry IPPE
Come visit Stone Enterprises at the International Production & Processing Expo /IPPE at the Georgia World Congress Center in Atlanta Ga. Booth...Read More


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E-cigarettes are increasingly popular in a number of countries including the UK, while in others such as Norway and Brazil they are banned altogether.
So amid all these differences in policy, what do we know and what don’t we know about e-cigarettes? And why, if they have the potential to save many of the lives taken by tobacco smoking each year are e-cigarettes currently one of the most contentious issues in public health research and policy?
E-cigarettes are battery operated devices that aim to simulate combustible cigarettes. They don’t contain tobacco but operate by heating nicotine and other chemicals into a vapour that is inhaled. Nicotine is the addictive substance in tobacco but we know that it is the many other chemicals in cigarettes that are responsible for smoking-related diseases.
Because electronic cigarettes deliver nicotine without the vast majority of these other chemicals, organisations such as the Medicines and Healthcare Products Regulatory Agency (MHRA) and the National Institute for Health and Care Excellence (NICE) have indicated that electronic cigarettes are less harmful than tobacco.
Questions remain about the safety of e-cigarettes despite the fact that any risk that arises from using them is less than the risks of continuing to smoke normal cigarettes – and strong arguments have been made in favour of e-cigarettes from a health perspective because of this lower risk.
The first unanswered question is about the longer-term impact on health of inhaling nicotine and propylene glycol (a substance used in e-cigarettes that is also common in a range of other consumer products) deep into the lungs.
As e-cigarettes are largely unregulated, there are also questions about quality; variation in the chemicals in different cartridges, leaking cartridges and other problems such as the batteries in these devices. In other words, different companies can make very different products. There is some evidence that these technical safety issues are reducing as the quality of products on the market improves.
Another potential safety issue is around the vapour produced by e-cigarettes. There are still relatively few studies that have looked at the effects of exposure to vapour but one study examining vapour from 12 brands of e-cigarettes found a number of toxic substances, but these were at levels between nine to 450 times lower than in cigarette smoke.
Studies of the prevalence of use of e-cigarettes show that these products are being used predominantly by current smokers or recent quitters, either to stop smoking or to cut down. To date, there is limited evidence that people who don’t smoke are using e-cigarettes – just 0.5% of non-smokers in the UK in 2012, for example.
There are also unanswered questions about the extent to which children may be attracted to these products. In studies of e-cigarette use that include adolescents, including one that looked at use in Poland, most of those who had tried e-cigarettes were already current smokers. However, there is little doubt that some of the advertising of e-cigarettes may appeal to children, and recent research has highlighted the need for advertising controls in this area.
Getting the vapours about ‘vapers’
Users of e-cigarettes, particularly those who have successfully stopped smoking, are understandably enthusiastic about these products. There are an increasing number of vocal and well-organised “vaper” groups.
E-cigarette manufacturers are also a growing force in the economy of a number of countries, most notably China. However, health professionals and the public health community in particular have been less enthusiastic. This is due at least in part to some of the unanswered questions about e-cigarettes.
As Sally Davies, Britain’s chief medical officer, put it recently:
We do not yet know the harm that e-cigarettes can cause to adults let alone to children, but we do know they are not risk free.
In addition to the issues above, public health officials and others have argued that e-cigarettes could undermine smoke-free laws, such as bans on indoor smoking. They believe the e-cigarettes could confuse attempts to enforce laws when electronic products look like cigarettes, particularly from a distance.
An additional concern is that the increasing availability and popularity of the products may be driving smokers away from more evidence-based methods of trying to stop (like using a smoking cessation service or licensed stop smoking medication such as Nicotine Replacement Therapy) and that relapse to smoking might be more common as a result.
The tobacco industry
There is also considerable scepticism about the role of the tobacco industry in the e-cigarette market. A number of tobacco companies have now launched their own e-cigarette products (such as RJ Reynold’s VUSE) or have bought into existing e-cigarette companies (such as Lorillard’s purchase of Blu in 2012). New e-cigarette brands manufactured by tobacco companies are expected to continue to emerge in 2014.
This involvement has led some to wonder whether this is about finding safer alternatives to cigarettes or simply about creating a new market of “dual” users of combustible and e-cigarettes. It may also allow the tobacco industry to present a more “acceptable” image in the developed world while it continues to increase its profits from cigarettes in developing countries.
All these considerations mean that the use of e-cigarettes is currently one of the most contentious issues in public health research and policy. All the signs are that they represent a real opportunity to change the stubbornly persistent toll that tobacco takes on society. What the unintended consequences of their use will be, however, remains to be seen.


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Real GDP in the Eurozone grew by +0.2% q/q in Q4. For 2018 as a whole GDP growth came in at +1.8%, above the potential rate for the fourth consecutive year. We expect the slowdown from +2.5% in 2017 to have been broad-based. Consumer spending growth should have slowed to +1.3% or so in 2018 – the slowest pace since 2014. And uncertainty related to the US-China trade dispute has started to weigh more notably on Eurozone exports which we estimate to have grown by +2.7% in real terms in 2018, about half of the pace registered in 2017. The weakness of consumer and external demand in addition to the crisis in the automotive sector in some countries, notably in Germany, are likely to have held back corporate investment. Our concerns about Italy slipping into recession have been confirmed with GDP contracting for the second quarter in a row (-0.2% q/q in Q4) as elevated uncertainty around Italy’s fiscal policy is likely to have taken its toll on domestic demand. Meanwhile, Spain defied again its peers and grew +0.7% q/q, with a rebound of net exports and still solid domestic demand.
Download the PDF
Weekly Export Risk Outlook 31 January 2019


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By Avi Salzman
Saks (SKS), Macy’s (M) and Nordstrom (JWN) all reach a higher-end consumer than the average department store. Citi analyst Deborah Weinswig thinks that’s a problem for the stocks as consumers deal with “Empty Pockets” for the rest of the year, even on the tonier end of the income scale. All three stocks were down more than 2%.
An index tracking high-end consumer confidence slipped to 80.7 in May from 86 in April, Weinswig notes, and department stores catering to that demographic have been showing slowing same-store sales growth in recent months. Wealthier consumers may be responding to “weakness in the equity markets,” making them less likely to splurge at department stores.
“We believe high-end spending is slowing, and we see the weakness in women’s designer apparel as a more systemic issue that will likely weigh on SSS growth ahead,” she wrote of Saks.
Weinswig downgraded all three stocks to Neutral from Buy. She lowered her price target on Nordstrom to $52 from $63; on Saks to $11 from $14; and on Macy’s to $37 from $49.


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The Feversham Arms Hotel in Helmsley, North Yorkshire has announced two new developments this spring at the Verbena Spa.
First, and perhaps foremost, is the appointment of Alex Jones as Spa Director. Jones previously managed the Titanic Spa in Huddersfield where she was head of a team of 30 therapists. Prior to that, she was Business Development Consultant for skincare brand Dermalogica.
In her new position, she will manage a team of 20 staff and continue to grow the business by innovating new treatments, including the launch of a new range of Verbena Spa treatments this Spring along with a wider selection of pregnancy treatments.
At the same time, a new Spa menu has also been launched designed by Food and Beverage Director Chris Staines. The refreshed Spa menu includes spa breakfast, patisserie and lunch dishes, with new additions including an artichoke, red pepper and serrano ham salad; Seared Yellowfin tuna with cucumber, radish and coriander salad; and a selection of lighter spa “tapas.”
For more information, visit www.fevershamarmshotel.com.


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To the editor:
I give UW System President Ray Cross credit for trying (with the Wisconsin Dairy Summit), and that’s a big step.
However, I only think one speaker said anything new. John Umhoefer, executive director of the Wisconsin Cheese Makers Association, actually said what has to be done. The consumer is always right, even when they are misguided or misinformed.
The dairy industry in the U.S. has taken “nature’s most nearly perfect food” and improved it to the point most health professionals won’t recommend you consume it. Most mothers don’t want their kids to consume it. So hardly anyone does use dairy products.
Now we have the producers brainwashed to spend money, produce more and the increased efficiency will carry the day. The dairy industry has evolved to the highest cost of production in the world, way more production than demand, and all this in a bubble economy.
The real scary part of this is the dairy industry is only one minute part of the problem. There are easy solutions to the dairy industry’s problems. They never get used because we want the government to do it (socialism). The only way to fix things in dairy or any other industry is capitalism. In blunt terms, get the government and government programs out.


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Turns out we are not the only ones paying attention to Glenn Beck’s immediate influence on the world of book sales. Glenn Beck apparently also has an eye on the rocketing Amazon rankings of the books he recommends (even the evil ones!). During a segment on yesterday’s Presidents Day show that focused on Lincoln and promoted the book ‘Lincoln at Peoria‘ penned by his guest Lewis Lehrman, Beck boasted that every book he mentioned skyrocketed right up the sales charts proving, among other things, that his viewers were the smartest ever. (Video below.)
“Last week I mentioned three books on air…Friday all three of these were in the top ten…Don’t let anybody tell you, [cue funny voice] oh you watch Glenn Beck, oh you’re just a dumb-dumb-dummy. This audience reads more books than I think any audience I’ve ever witnessed.”
I checked and during yesterday’s show, ‘Lincoln at Peoria” ranked #25,689. It is currently at #251. Not top ten exactly, but not too shabby either considering it’s a “careful, balanced look at Abraham Lincoln’s stirring 1854 Peoria, Ill., speech, writer and historian Lehrman finds a ‘prelude to greatness’ that put the little-known lawyer and politician on the path to national prominence while laying the intellectual groundwork for his presidency.”
In related news, perhaps WaPo writer Dana Milbank (who apparently recently cottoned on to what we’ve been aware of for quite some time, ahem) is hoping for a similar boost in sales for the book on Beck he has reportedly been signed to pen. From Politico:
Milbank, who only had about 750 words to tackle that question in his Washington Post column, is now writing a book on the conservative radio and television host: “Tears of a Clown.” And he’s already started researching.
“I’ve signed up for the elite membership on GlennBeck.com,” Milbank told POLITICO.
Milbank said that what sets Beck apart is a willingness to go where other hosts will not. “I think he has a lower bar, and commercially, it’s pure genius,” Milbank said. “He has found the absolute sweet spot in the market right now.”
Glenn Beck [Mediaite]
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According to a letter issued on 30th April, 2019, the company Mercator Ltd. has announced plans to sell their vessels as a part of their strategic plan, reports the Hindu Business Line.
- The company has sold their Very large Crude Carrier – Nerissa (VLCC), built 2006, for a total consideration of USD 27.5 Mn (Net).
- The proceeds of this sale is being used to reduce the debt and other liabilities of the company.
- The buyer does not belong to Promoter/ Promoter Group Companies.
- The aforesaid transaction does not fall within the definition of related party transactions and not a material related party transaction.
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Source: The Hindu Business Line


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Call Of Duty: Ghosts has a double XP weekend beginning today
Activision has announced that they will be holding a double-XP weekend for Call Of Duty: Ghosts on all platforms this weekend.
The double XP weekend is being held in honour of Invasion, the third pack of DLC, being released on PS4, PS3 and PC next week.
They made the announcement on the Call Of Duty Twitter saying, “#CODGhosts #Invasion is coming to PSN/PC July 3! Ready up with 2XP this weekend, live for all platforms on Friday.”
The double XP event begins today and will run until June the 30th on PC, PS3 and Xbox 360. Invasion will be available on the PS4, PS3 and PC from July the 3rd.
- Call of Duty: Black Ops III is coming to the PS3 and Xbox 360 after all
- Tomonobu Itagaki's Devil's Third gets a release date
- Adr1ft is coming to PC and consoles at the end of the summer
- EA gives the new Mirror's Edge a name – Mirror's Edge Catalyst
- ZombiU PS4 and Xbox One port reportedly in the works
- Mike Bithell's Volume to be released this August
- Gearbox's new shooter Battleborn gets a pre-E3 trailer
- Steam Controller launches in October, Steam Machines arrive in November
- Gears Of War devs Black Tusk change their name to The Coalition ahead of E3


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Northampton’s very own rapper, slowthai, not long ago dropped his brand new album, ‘Nothing Great About Britain’, however, now it’s time for the artist to follow up the project with its tour.
Although slowthai isn’t looking to conduct your average tour, in fact, the creative is releasing tickets for just £5, something that seems only natural when the tour itself is titled ‘Bet Ya A £5er’. Interestingly, this isn’t the first time slowthai has done something like this, in fact, his last tour was asking for a humble £1 in return for a ticket.
As for the details, the tour is set to drop into Newcastle, Glasgow, Manchester and Bristol, before finishing off the trip with a performance at London’s 5,000 capacity Brixton Academy on the 18th of October.
Head over to slowthai’s website to find out more and cop your tickets now.


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