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Earlier this week, we ran an Atlas article about how the United Kingdom’s decision to exit the European Union is impacting its own business travelers. In today’s post on Brexit, a topic we will continue to explore here on the Atlas from time to time, we are looking at how it has been affecting UK-bound business travelers and what will happen leading up to and after the process is final in March 2019.
Despite the British pound falling sharply following the Brexit referendum in June 2016, we can’t say that the weaker sterling has brought in larger herds of business travelers. According to a recent Skift report, corporate travel to the UK actually was down 4 percent for the quarter that ended June 30, 2017, and 3 percent for the first half of the year. As the article suggests, it is likely due to a lack of confidence over how the UK will fare economically.
For those of you still heading there for business, fair warning: Despite the corporate travel slowdown, you’re bound to face longer lines and crowds at the airport and in big tourist destinations like London.
While the weaker pound may not have done much for business travel, it really benefitted UK tourism, with 21 percent more visitors going there for vacation in the first three months of 2017, according to the Office of National Statistics.
The influx of tourists isn’t the only reason for longer lines at UK airports and other ports of entry. Once the Brexit process is complete in 2019, it’s likely the “fast track” lane for customs will be exclusively for British passport holders and therefore EU nationals will have to file into the same long queue as all other non-UK citizens.
As Charlie Leocha, president of consumer advocacy group Travelers United, explained to Bloomberg, he expects that “getting in and out of the UK will be an absolute horror show” once that scenario happens.
There was one recent decision made, however, that should help ease the congestion somewhat — or at least not exacerbate it. As the BBC reports, the British government plans not to require visitors from any of the EU countries to apply for visas. Likely factoring into their determination is the fact that the UK already grants visa-free travel to nationals from 56 countries.
As we pointed out in other Atlas article, there is one issue that has not been resolved that significantly could impact the cost of air travel post-Brexit: Whether or not the UK still will have access to an “open skies” kind of arrangement. Since 1997, any EU airline has been free to fly between any two points in Europe, enabling no-frills airlines like easyJet and Ryanair to offer discounted rates and more flights. In fact, a Telegraph article states that since the introduction of the “open skies” policy, fares have fallen by around 40 percent and routes have increased by 180 percent.
If a similar arrangement is not reached before Brexit is finalized, those coming in and out of the UK could be hit with a higher airfare and there likely will be fewer options for flying around Europe. Ryanair’s CEO Michael O’Leary even has said that unless an aviation deal is signed soon, it plans to ground flights between the UK and EU after Brexit.
It’s not only the airfares that will be climbing. We already are seeing hotel rates going up, partly due to the high demand these days. According to research by hotel data firm STR, London enjoyed a new record for its average daily hotel rates at £133.38 for the first quarter (up by 6.2 percent on last year for the same quarter).
But, you will see rates continue to soar for a reason beyond supply and demand. Currently, EU citizens are free to live and work in the UK without a permit. However, as a report by Politico indicates, the British government will require visitors from EU countries who want to work in the UK to apply for permission first. While the proposal says EU citizens will be able to move to the UK and look for jobs without restrictions, prospective employers will have to sponsor EU applicants by applying for permits issued by the government.
One sector that will be impacted greatly? Yep, you guessed it — the hospitality industry, which relies heavily on Europeans, particularly from the poorer ex-communist states, for cheaper labor. And citizens of other EU countries could make up as much as a quarter of the 3 million workers in hospitality, according to a KPMG report based on a survey of British Hospitality Association members.
Even before the government announced its intentions to require EU nationals to obtain a permit to work in the UK after Brexit is finalized, the industry has been facing a workforce dilemma. European workers are starting to leave Britain, seeing that their pay in pounds doesn’t stretch as far as it used to, and those who were planning to come are having second thoughts, worried about their uncertain status after Brexit. If the UK hotels cannot fill these vacancies quickly enough, one option they may be forced to take is to pay higher wages — which guests undoubtedly will see reflected in their hotel bills.
Hmm…Guess this is really about supply and demand after all.
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Cristiano Ronaldo Fragrances
For the launch of Cristiano Ronaldo’s latest fragrance, CR7, we took on the challenge of raising awareness and generating sales via social channels for the new product.
Following a brand video explaining the many facets of Ronaldo’s personality, all represented in his new fragrance by exotic ingredients and a luxurious PR launch event in Madrid, it was our turn to get fans excited about the new CR7 Fragrance.
Being Ronaldo’s first “everyday” fragrance, CR7 targeted a younger audience than his previous collections, we set out to create a social-driven campaign that would reach as many people as possible and get them talking about the new fragrance.
What better way of getting fans excited than with a challenge from Cristiano Ronaldo himself?
After spraying on the CR7 Fragrance, Ronaldo channels his best self and performs an exciting football trick. The challenge is easy: put your spin on Ronaldo’s trick, post a video of it on Instagram with #CR7Challenge and pass it on to 7 of your friends!
The launch video on @cristiano’s Instagram channel has been viewed over 5.1M times and 1.3M views on Facebook, having been shared over 4.3K times by passionate fans.
With Cristiano Ronaldo challenging big names such as MMA fighter Conor McGregor, professional golfer Rory McIlroy, F1 world champ Nico Rosberg, One Direction’s Niall Horan and YouTubers Calfreezy and ChrisMD, we were excited to see their amazing football skills.
A few days later, Rory McIlroy’s challenge took the internet by storm, making the front page of the Daily Mail, The Sun and Sky Sports. Nico Rosberg followed suit. His attempt to do the #CR7Challenge was quite impressive, but ended in him breaking his neighbour’s plant pots… another opportunity for the #CR7Challenge to make the headlines.
With 38 articles in 9 languages amounting to 4.1M coverage views, we can't wait to see what comes next.
Having big names such as Nico Rosberg, Rory McIlroy and influencers Calfreezy and ChrisMD take part in the challenge made the campaign even more popular. We have had 4.3M earned coverage views with over 5.5K social shares, with pick-ups in the likes of Daily Mail, Sky Sports, Evening Standard and L’Equipe.
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PITTSBURG – The Camp County Chamber of Commerce and Main Street Pittsburg are sponsoring the Pittsburg Downtown Farmer’s Market this year.
The event will be held every Saturday from 8 a.m. until noon beginning May 9. The booths will be set up along Tapp Street next to the Pittsburg Police Department.
“There was a lot of interest in continuing the farmer’s market again this year and we hope to see it grow significantly every year,” said Lynda Stringer, executive director of the chamber.
To be successful, the farmer’s market needs participation from local farmers, gardeners, individuals and groups from not only Pittsburg and Camp County, but surrounding counties as well. The chamber and the city are offering vendors booth space free of charge to sell fresh homegrown fruits and vegetables, flowers, plants, eggs, home-canned items such as jams, jellies, salsa, etc., and home-baked goods.
The chamber is opening the farmer’s market this year to those who would like to offer home-canned items and baked goods, so the public has a wider selection. Non-profit organizations that would like to set up a booth as a fundraiser to sell items that fall into these categories are welcome to do so. However, the chamber does want to remind vendors that this is not an event for crafts or flea market items.
“We see this as a service to the community, to our local growers and to our downtown businesses that would benefit from the added shopping traffic,” Stringer said.
Texas AgriLife Extension Agent Sara Barrett has agreed to offer demonstrations on cooking fresh produce on certain Saturdays during the summer.
The demonstrations would offer shoppers valuable information about produce they may not recognize.
“With our economy in the shape it’s in, it is important for cooks to understand how to work with fresh fruits and vegetables so you can stretch your family’s food dollars,” Barrett said.
While there is no fee to set up a booth, vendors must obtain a permit form at the Chamber of Commerce office at 202 Jefferson Street and file it with the police department.
For more information, contact the Chamber of Commerce office at 903-856-3442.


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We're delighted to announce that we have partnered with the CFO Virtual Agenda, which will be returning on 16th November 2021.
After successful virtual events in 2020 and June of 2021, bringing together CFOs, Finance Directors and Heads of Finance from the comfort of their own homes, this year’s conference promises an even greater virtual experience.
The CFO Agenda focuses on helping senior financial leaders like you, to lead your team and business through the challenges ahead and start making the transition from survival to stability to growth. The programme sessions concentrate on the tools, skillset and insights you need to develop and execute a business strategy that is agile enough to withstand future disruptions.
We are covering market insights, risk, strategy, customer behaviour, leadership, digital transformation, sustainability and much more.


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Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Watch now.
Spotinst, a startup that helps companies pay less for their cloud services by accessing excess capacity from cloud computing providers, has raised $35 million in a series B round of funding led by Highland Europe, with participation from Intel Capital, Vertex Ventures, and Leaders Fund.
Founded out of Israel in 2015, the now San Francisco-based Spotinst claims it can help businesses save up to 80 percent on their cloud computing spend by leveraging artificial intelligence (AI) to predict when excess capacity may be made available across major providers, including Amazon’s AWS, Microsoft’s Azure, and Google Cloud.
For context, cloud computing providers offer low-priority virtual machines (VMs) or “spot instances” that basically make it easy for the likes of Microsoft and Amazon to sell their excess capacity at steep discounts. While the savings is of course a major perk for businesses, the arrangement also comes with major downsides — cloud computing providers can shut down access at any time, and it’s not easy to predict when the capacity will be made available. This is not an ideal scenario for most businesses that rely on the cloud.
Spotinst helps by clustering excess capacity across public cloud services provided by Microsoft, Amazon, and Google, and when capacity becomes available Spotinst can automatically migrate cloud-dependent applications over so businesses benefit from the reduced costs.
“We’re enabling enterprises and startups to run their production and mission critical applications for a fraction of the regular price,” said Spotinst founder and CEO Amiram Shachar. “We enable cost optimization through AI. It means that our customers can be proactive in managing their cloud usage, rather than reactive. Our workload management platform helps customers dramatically reduce their cloud costs.”
Spotinst had previously raised around $18 million in funding, though the startup said it has not yet touched the $15 million it raised back in 2017. So it now effectively has a VC-backed cash pile of $50 million, which it plans to use to fund a major growth phase that will include doubling its employee headcount of 100 people over the next year.
“This is a business that can live on its operating cash flows, but the time is right to capture the large opportunity in front of us and begin a period of hyper-expansion and grow across multiple markets and cloud providers,” Shachar added.
Spotinst already claims some big-name clients, including Sony, Ticketmaster, Samsung, Qualcomm, and Unilever, with the U.S. serving as its primary market, followed by Europe.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn more about membership.


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Nissan Motor India Sells two models in India- the entry-level sedan Sunny and hatchback Micra. The Nissan Sunny model is leading the race with the sale of about 2436 units while the automaker sold about 1028 units of compact hatchback Micra in the month of July 2012.
The other models like Nissan Teana, X-Trail and Nissan 370Z added to the sales of company in the month of July 2012. The Managing Director of Nissan Motor India Pvt Ltd., Mr. Ishida Takayuki stated that the sales of the company during the month of July are quite encouraging and the company feels confident with its presence in India. It is a good trend that the customers love the products of the company. The company has plans to expand its portfolio by launching Evalia by the end of the year 2012.
The company is confident of occupying the first place in the Indian auto Industry. Mr Nitich Tipnis, the Sales and Marketing Director at Hover Automotive India (HAI), which is the sales and marketing partner in India has commented that Nissan is able to prove its worth in India and will be able keep up to the commitment to the local market by introducing different exclusive models and having well managed network. In the month of July, the company has noted 118.5% increase in the month of July. In the month of July 2012, the company has sold total of 3481 vehicles as compared to 1593 vehicles in July 2011.


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Moyo Studio | E+ | Getty Images
The government’s latest inflation reading, the Core Personal Consumption Price Index, showed Friday morning that prices may be softening from record levels but financial stress among workers remains as high as ever amid the strongest inflation in four decades.
Two-thirds of American workers say their salaries aren’t keeping pace with inflation, and the percentage of workers considering quitting a job is at a four-year high a new CNBC|Momentive Workforce Survey.
66% of workers say inflation has outpaced any salary increases they’ve had in the past 12 months, while 19% say their salary increases have roughly matched inflation, and 13% say their salary has increased more than inflation.
As more multi-income American workers express a frustration that economic data has signaled throughout the year – that price increases continue to outpace wage increases – the pressure is particularly high on middle-income workers. According to the survey, those earning between $50,000 and $150,000 are more likely than high- and low-income groups to say their pay hasn’t kept pace with inflation.
The online survey was conducted May 10-16, 2022 among a national sample of 9,254 workers in the United States.
While 72% of workers in the CNBC|Momentive poll say they are “well paid” or “very well paid,” that’s the lowest number in the history of the poll, while the 28% who say they aren’t get paid well doing this is an all time high.
Thirty-nine percent of workers say they have seriously considered quitting their job in the past three months, the highest since the survey began in 2019 and a 6% increase from last November.
The percentage of workers considering quitting their job hits a survey high.
CNBC|Momentive Workforce Survey
“Inflation is absolutely a driver of employee turnover right now,” said Laura Wronski, senior manager of research science at Momentive. “Workers who say their pay has outpaced inflation are least likely to say they have considered quitting their job in the past three months, and workers who say inflation has outpaced their pay increases are searching most likely after a new job. “
Recent inflation readings have raised hopes that inflation has peaked, but a drop in prices doesn’t mean high inflation is going away.
Real wage growth across the wage distribution is declining and it is middle-income workers who are worse off than they were before the pandemic – while the lowest-paid workers are seeing the largest wage increases while struggling with inflation achieved . “They’re being hit really hard by this,” said Heidi Shierholz, president of the Economic Policy Institute, which focuses on the needs of low- and middle-income Americans.
As companies like Microsoft and Apple announce pay rises for workers this month, both among employees and in Apple’s case, workers in its retail stores, where union initiatives are beginning to take off, Shierholz said workers are aware of an important data point are aware of, which frustrates them and urges them to demand more: corporate profits soar.
“We know that a large part of the rise in prices is because employers’ profits have risen sharply,” she said. “Workers are paying the higher prices and their employers are reaping the profits, and that’s just a fundamental imbalance. There is an opportunity to go higher. There is a choice. Those wins become wins and employers might make a different choice.” She said.
Quitting rates are elevated across the wage distribution, but the record rate of workers considering quitting does not directly overlap with the middle-wage shortage because the highest quitting rates are among low-wage jobs, where most vacancies exist .
“Low earners are able to change jobs and find new opportunities at higher wages. Really high-earning workers who make $150,000 or more per year are more likely to work in jobs that could increase wages the most, even if they’ve stayed in their role, they’ve seen their wages increase.” , said Vronsky.
Attrition rates in the Covid economy show the biggest spikes in low-wage sectors, including retail and hospitality, not in knowledge worker jobs, which are more middle-income focused.
“People expected a lot more workers to drop out when the big pay rises didn’t materialize, and they didn’t,” said Rucha Vankudre, senior economist at employment research firm Emsi Burning Glass.
Now may be the time to demand more from employers as the level of wage growth and job openings is unsustainable in the current market. Attrition rates will fall and the intense competition for workers that the labor economy is experiencing will ease as aggregate employment continues to rise.
“The closer we get to full employment, the slower job growth and job vacancies slow down,” Shierholz said.
And the further Covid advances in the rear-view mirror, the more workers will come back.
“It’s not good for the workers,” she said. “We are in this extraordinary moment of increased bargaining power for workers due to some extraordinary circumstances of the Covid recovery. These will not last.”
An economy that is adding more than 500,000 jobs each month, and for the first four months of this year as many as in most completed years of the last decade, cannot continue at this pace, and that means the ability to outsource jobs and higher wage increases to be obtained due to the high competition for labor will decline.
There will be an enduring awareness among workers that they can unite and demand more from employers, be it in terms of pay, benefits or company values. “This awareness will not simply disappear,” said Shierholz.
Recent salary increases from Microsoft and Apple are a recognition of the increased power of workers at companies with the highest profit levels on the market. But one inflationary truth that will remain is that a $22 hourly wage for a worker at an Apple retail store is a lot less in three years. “These wage increases will not be reduced, but we will still have inflation. It’s a constant thing. It’s not like we got those raises now, it’s our mission accomplished. There’s still a long way to go,” said Schierholz.
With two job offers for every worker, power stays with the worker, and economists say it’s difficult to imagine a situation where employers regain all the power that has shifted in recent years.
“We just don’t have the people to fill these positions and employers will have to give up a bit. We’ve never been here, never had so many job offers,” said Vankudre.
Employers have already become more flexible in terms of conditions such as hybrid work and the benefits and training provided, but wages are not keeping pace with inflation in real terms.
“There was an expectation that everyone [employers] would make market adjustments and that didn’t actually happen,” Vankudre said.
Meanwhile, the clock is ticking for a record job recovery.
“Now is the time to get your wage increases if you can,” Shierholz said.


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Toyota believes the problems are caused by stuck gas pedals or misplaced floor mats that trapped the gas pedals. Independent testing by NASA and other outside laboratories agreed with Toyota and concluded driver error was also a contributin…
Rodents Chew Wires
Somewhere in the mid-2000's there was an industry-wide push by automakers to replace plastic and glass-based wiring insulation with a more eco-friendly soy-based coating. It's biodegradable, commendable, and a complete disaster for owners. …
Toyota Excessive Oil Consumption
An increasing number of Toyotas are experiencing excessive oil consumption which may be the result of defective piston rings. Toyota, in all their 'deny-til-we-die' splendor, is reportedly denying warranty coverage on many oil consumption r…
One of the automotive world's worst science projects is coming to an end. Toyota dashboards have long been known to melt under the heat of the sun. The melted dashes warp and extrude a strange, goo-like substance that is oddly shiny and sti…
What Camry Hybrid Owners Complain About
Sometimes it helps just to tally up the complaints and see where the biggest stacks are. Use this information to learn about troublespots or to run for the hills.
Camry Hybrid Key Numbers
Some Toyota hybrid sedans have fuel filler pipes that were never reconnected to the gas tank during assembly.
Does that make them fuel spiller pipes? (Hold for applause). A small number of 2019 Avalon Hybrid and Camry Hybrid sedans will be recalled to have those pipes inspected and possibly replaced.
Damage from rodents plus the extra cost of renting a car while waiting for repairs, led to about $16,800 in costs assosciate with soy-based wiring.
While an insurance company paid the bulk, a new lawsuit filed in Massachusetts wants to know when Toyota is going to pay for the decision to go with soy?…
When Toyota switched away from using plastic or glass-based inulation in favor of soy, it invited in some very unwelcome Toyota loyalisits.
According to the plaintiff, she learned the hard way about the soy wiring when her Avalon wouldn't start and a look under the hood showed wires chewed, so she had the car towed to a dealer. Toyota told her rodents had caused the damage and it would be no problem to repair the problems as long as she could cough up $6,000 to cover the bill.
The soy-based wiring is allegedly attracting in rodents, who love to chew it up and use it for nesting material. The lawsuit, Heidi Browder vs. Toyota Motor Corporation, et al. follows a similar lawsuit filed against Honda earlier this year.
It's been a while since Toyota announced their extended warranty program for melting dashbord in 3.5 million vehicles.
So, how are things going?
According to [a] lawsuit, when Toyota first announced the warranty program the automaker notified customers and said it could take months to gather the replacement parts. However, Toyota then sent a second notice that removed the information about a timeline for repairs.
Oh, well it can't be too long before everyone gets their replacement dash, right?…
Toyota doesn't exactly have a sterling reputation when it comes to unintended acceleration.
And so, when Corolla owner Robert Ruginis petitioned the National Highway Traffic Safety Administration (NHTSA) to investigate low-speed surging in the 2006-2010 Corolla, it seemed like a slam dunk, home run or <insert sports cliché here>. Go sports team! But instead NHTSA said no to the investigation. The agency said they analyzed data from an event recorder cited by Ruginis in his petition and came up with a completely different conclusion. Ruginis said his Corolla moved forward with the brake pedal pressed, NHTSA said it didn't. Ruginis said Corollas can move forward even with the brake pressed to the floor, NHTSA said they can't.
Instead, NHTSA placed the blame on Corolla drivers in most cases. They also said an investigation wasn't worth their time:…
Toyota says the power steering circuit board in 110,000 vehicles might have been damaged on arrival, prompting a recall.
The circuit board was probably messed up during assembly and can cause a sudden loss of power steering. If you're traveling at slow speeds and your power steering suddenly goes away, pulling over to the side of the road is going to feel like you're steering through a vat of caramel. That sounds delicious, by the way.…
One of the automotive world's worst science projects is coming to an end. Toyota dashboards have [long been known to melt and warp] under the heat of the sun.
The deformed dashes have also been known to extrude a strange, goo-like substance that is oddly shiny and sticky; like something you'd find in a toddler's coat pocket. This led to some understandably upset owners and a couple of lawsuits. Feeling the heat of pending litigation, Toyota announced they will extend warranty coverage on the dashboards in 3.5 million vehicles rather than go to court. I guess they wanted to avoid a sticky situation (I never promised that the jokes would be good, folks).…
A manufacturing error could lead to total steering loss in 5,650 Toyota cars from the 2014 model year.
Toyota says a bolt hole in the left front lower suspension is much bigger than specifications allow. That means the bolt going through that hole can --- and most likely will --- loosen over time…
Toyota thought the scourge of unintended acceleration was finally behind them.
They had, after all, recalled millions of cars, paid hefty fines to the government, entered talks to settle hundreds of class-action lawsuits and even paid out $1.6 billion to owners because the trade-in value of their vehicles had diminished. Besides, the world's attention had turned to GM's ignition switch fiasco. So are Toyota's problems with unintended acceleration in the rearview mirror? Not so fast, or in this case ... slow.…
Other Toyota Models
- Toyota 4Runner
- Toyota 86
- Toyota Avalon
- Toyota Avalon Hybrid
- Toyota C-HR
- Toyota Camry
- Toyota Camry Hybrid
- Toyota Celica
- Toyota Corolla
- Toyota Corolla Hatchback
- Toyota Corolla Hybrid
- Toyota FJ Cruiser
- Toyota GR Supra
- Toyota Highlander
- Toyota Highlander Hybrid
- Toyota Land Cruiser
- Toyota MR2
- Toyota Matrix
- Toyota Mirai
- Toyota Paseo
- Toyota Prius
- Toyota Prius Plug-in
- Toyota Prius Prime
- Toyota Prius c
- Toyota Prius v
- Toyota RAV4
- Toyota RAV4 EV
- Toyota RAV4 Hybrid
- Toyota RAV4 Prime
- Toyota Sequoia
- Toyota Sienna
- Toyota Solara
- Toyota Supra
- Toyota Tacoma
- Toyota Tundra
- Toyota Venza
- Toyota Yaris
- Toyota Yaris Hatchback


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Retail giant expects to cut energy consumption by up to 30 per cent and may roll out technology to its 2,700 stores
Tesco will this week open the doors to the first of its Express supermarkets to feature a full-scale low-energy LED lighting deployment, a move the company said will yield a 30 per cent energy saving compared...
#SewSpooky campaign launched to encourage families and students to pass old costumes to others instead of throwing them away after just one wear
The Greens Molly Scott Cato takes issue with the Environment Secretary's suggestion that Brussels poses a threat to the UK environment
World Association of Zoos and Aquariums ink agreement with Roundtable on Sustainable Palm Oil
Clothing giant unveils new climate strategy, promising to deliver on science-based targets and increase use of renewable power


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A malware family Rarog is out in the internet and being excessively used by the cyber criminals to execute cryptocurrency mining operations. Reseachers claim it to be an appealing option for hackers due to its low cost, easy configurations and support for multiple cryptocurrencies. Palo Alto Networks’ Unit 42 research team, which posted a blog on Wednesday after tracking Rarog for months, said the malware comes equipped with a number of features that give attackers the ability to download mining software and configure it with any parameters they wish.
The Trojan itself is likely named after a “Raróg”, a fire demon that originates in Slavic mythology and is typically represented as a fiery falcon. Rarog primarily targets monero cryptocurrency, however it is capable of mining other cryptocurrencies as well. It has by far affected more than 166,000 victims across the globe. Major countries affected by this Trojan are Philippines, Indonesia and Russia. Researchers discovered 2,500 unique samples, connecting to 161 different commands and control (C2) servers. While a large number of machines are affected by this Trojan, the profit margin per machine has not gone beyond a mere US $ 120.
Rarog recently came on the radar when security firm Flashpoint stated in a report earlier this week that criminals were targeting the open-source e-commerce platform Magento with an array of malware families – including Rarog – since 2016. That left hundreds of e-commerce sites compromised by hackers to steal credit card numbers and inject cryptominers, said Flashpoint. “Analysts said the infection chain begins with the installation of data-stealing malware called AZORult from a binary hosted on GitHub. AZORult then downloads additional malware; in this campaign, the additional malware is the Rarog cryptocurrency miner,” according to Flashpoint’s report.
Logix Infosecurity keeps the clients safe by installing layers of security where they are required. Our experts and state-of-the-art technology keeps the threat away so that the clients can focus on their business.


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Shade product manufacturer Treasure Garden will expand its extensive offering of umbrella canopy fabrics for 2020 to include the latest in colors, designs and textures from Outdura, one of the leading outdoor textile brands and from the Spanish brand, Docril.
Iconic designers Stephanie James and Patti Allen of High Point interior design firm, Allen and James, have announced the debut of the most recent results in the firm’s showroom design, curation and product collaboration services.
For four days this month International Market Centers (IMC) will offer industry-leading programming at its Atlanta design events, Fall Design Week at AmericasMart Atlanta, Sept. 23-25, and DISCOVER ADAC at ADAC in Buckhead Sept. 24-26, 2019.
The High Point Market Authority (HPMA) has announced its new partnership with long-time Market veterans and industry experts Deb Barrett and Jackie Von Tobel for two initiatives. In time for Fall Market, Barrett and Von Tobel will be official High Point Market Brand Ambassadors and also bring back a revised version of their popular new buyer Market tour.
Ethan Allen (NYSE: ETH) has announced the opening of new Design Centers, both in the U.S. and internationally, and plans for more in 2020.
International Market Centers (IMC) will present four days of industry-leading programming at its Atlanta design events – Fall Design Week at AmericasMart Atlanta (Sept. 23 - 25) and DISCOVER ADAC at ADAC in Buckhead (Sept. 24 - 26). Together, the sister design destinations will present 33 seminars, tours, gatherings and celebrations at their inaugural cooperative staging.
The High Point Market Authority (HPMA), and the American Society of Interior Designers (ASID), has confirmed the schedule for its popular educational seminar series for Fall High Point Market. The Design Viewpoints Series (DVS) will take place Oct. 19 - 21, at the High Point Theatre, next to the Transportation Terminal in downtown High Point. Designers can earn up to 3 IDCEC-approved continuing education units (CEUs) through the series.


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Technology in trans fat-free oils and shortenings are finally catching up to retail baker’s demands
While legislation hasn't hit everywhere, the crusade against trans fats continues to have steady momentum across the country. California is the largest state where trans-fat bans have taken effect this year. And plenty of other cities and states have various trans-fat legislation in place or under consideration. For a complete list, turn to page 28.
With New York City, Philadelphia and Boston among the forerunners of the bans, bakeries, restaurants and food manufacturers in those areas have had a head start testing and implementing a wide range of trans-free oils and shortenings. Bakers and their suppliers need to have a close relationship, and the trans-fat bans sweeping the nation have reaffirmed that notion. Oil manufacturers have worked closely with our industry to help bakers reformulate and test trans-free oil products for the varied uses in the bakery. The kinks are not completely worked out, of course, but bakers report the trans-free oil products are much better than they were a few years ago and are becoming more accessible to them.
The obvious ingredient switch for many retail bakeries, depending on the product, has been butter. But, much confusion still remains among legislators about naturally occurring trans fats found in butter and other dairy products.
For bakery and supermarket chains that reach across numerous areas, these variances in legislation become even more complex. Whether you agree or disagree with government legislating the ingredients you use in your bakeries, everyone agrees that trans fat produced from partial hydrogenation is bad for our health. The debate lies in whether the consumer should be the one banning trans fats from his or her diet, or the government should be the one banning trans fats from the food source.
There are still pockets of the country where trans fats don't seem to be a major concern for customers, but the wave of trans fat bans has not slowed. According to Modern Baking research, about a quarter of full-line retail bakers report that trans fat is the top consumer health trend affecting their business. Among in-store bakeries, 20 percent reported sales gains in reduced or trans fat-free products last year. That number is up from only 3 percent reported in 2006.
Whether demand for trans fat-free products is coming from your customers or your government, taking a proactive approach is the best option. Investigate oil alternatives, experiment with your formulas and dig into the details of some of the legislation confusion. For example, what is considered a “serving” when you're reformulating for zero grams of trans fat per serving, and are natural trans fats part of the ban or not? Your suppliers should be able to help you with this, since they're relative veterans in the field.
Many bakeries are experimenting and moving to trans-free before official legislation reaches their area. These bakeries are using their move as a promotional tool-they've made the switch voluntarily for the health of their customers.
Akin to new software releases or new car models, you're wary to be the first to try it. But, bakers and oil manufacturers are well past their first rounds of trans-free oil options, and new blends, sources and technology will continue to emerge.


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A Covid Baby Bust Is Bad News for These Businesses
A projected fall in already record low birthrates in the U.S. and China is putting pressure on baby-product makers
Makers of infant formula and diapers are girding for another possible Covid-19 challenge: fewer babies.
Birthrates have been declining for years in the U.S. and China, and new projections suggest that the coronavirus pandemic could lead to hundreds of thousands of fewer births in the coming months. A drop in new arrivals could spell trouble for makers of infant products, who have been developing new lines and shifting their focus to other products, analysts and executives say.
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Install this web app on your phone: tap and then 'Add to Home Screen'×
Auto sales rose 8 percent in Naperville in June on a month-over-month basis, as Naperville residents bought 139 more cars and trucks in June than in the previous month.
In the month of June, Toyota was the top selling make to Naperville residents with a total of 218 sales. The breakdown of the 218 Toyota sales in the month was 123 new and 95 used. Ford and Honda rounded out the top three makes in overall sales (both new and used) with 210 and 202 sales, respectively, during the month.
The previous month, Toyota topped the overall auto sales chart for Naperville residents with a total of 223 sales, followed by Honda (210 sales) and Ford (135).
In June, 81 percent of all car sales to Naperville residents came through a local auto dealership, while this share was at 100 percent the previous month. The 81 percent mark in June translated to 1567 total sales (and 357 private sales) originating at dealerships, versus 1784 total dealer sales (one private) one month earlier.
Popular auto dealers selling to Naperville residents in June included Carmax Auto Superstores, Toyota of Naperville and Valley Honda. One month earlier, Toyota of Naperville, Carmax Auto Superstores and Valley Honda sat atop the dealer chart selling to Naperville residents.
The breakdown of all auto sales in June was 47 percent new and 53 percent used. The top make bought new in the month was Honda, while the top used make was Ford. The previous month, residents purchased used cars and trucks 41 percent of the time. Honda was the top auto brand bought used that month, while Toyota was the top auto make purchased new.
|Toyota of Naperville||75|
|Fair Oaks Ford||60|
|Dan Wolf Chevrolet of Naperville||39|
|Woody Buick GMC||38|
|Carmax Auto Superstores||144|
|Infiniti of Naperville||33|
|Toyota of Naperville||26|
|Bill Jacobs Naperville||21|


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As we mentioned in the first blog post this month, the Kia brand was named the highest scoring nameplate in J.D. Power’s 2016 Initial Quality Study. This is a huge feat, seeing as the auto manufacturer was up against 33 other automakers in the U.S., and is a huge accomplishment because it is the first time in 27 years that a non-premium brand has topped the list. Want to know more? Keep reading for more information1
J.D. Power decides on the winners of the Initial Quality Study based on the responses from vehicle owners in 25 different segments. Drivers evaluate their vehicles in driving experience, engine and transmission performance, and a broad range of quality-related problems within the first 90 days of ownership.
“Ranking highest in the entire industry for initial quality is the result of Kia decade-long focus on craftsmanship and continuous improvement, and reflects the voice of our customers, which is the ultimate affirmation,” said Michael Sprague, Chief Operating Officer and EVP, Kia Motors America. “As the highest ranked brand in the industry, there is no doubt Kia is a first-class automaker.”
There were a variety of vehicles that helped win this top ranking spot. The 2016 Kia Sportage and the 2016 Kia Soul each led their segment, the 2016 Kia Forte and 2016 Kia Sorento placed second in their segment, and the 2016 Kia Rio placed third in its segment. The Kia brand was in the Initial Quality Study top 10 for the first time in 2013 and in 2015 was second in the industry and first in non-premium makes.
Come see for yourself what all the fuss is about at Folsom Lake Kia near the El Dorado Hills, CA area. We have new and pre-owned Kia vehicles in stock and we can’t wait to get you behind the wheel!
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MoralEyes, a Brooklyn-based eye glasses company, last week launched the city's most ambitious eyeglass recycling program to date. The firm is placing some 600 drop-boxes in public spaces and retail spots, such as the JackRabbit Sports shops and a Knights of Columbus office near Prospect Park. “Over four million pairs of glasses are thrown out each year in North America,” says owner Joseph Sacks, a onetime philosophy major who thinks combining charity with commerce is the best way to change the world. “We want to keep as many of them out of landfills as possible.”
To encourage New Yorkers to participate, the business will give away an iPad to a lucky donor who drops off a pair of glasses by August 17.
MoralEyes was founded as a “one-for-one” company in the model of TOMS shoes, which donates one pair of shoes for each pair sold. Since January, the company has donated over 7,500 pairs of glasses with a retail value of more than $150,000 to New Jersey-based nonprofit New Eyes for the Needy.
“There's a lot of interest in environmentally-friendly businesses right now,” Mr. Sacks said. “We're generating good PR that we think will pay off in the end.” Mr. Sack's self-funded, 8-month-old business isn't turning a profit yet, but he hopes to see one by the end of the year.


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Apple’s developer community the wait is over, announced are the dates for Apple’s Worldwide Developers Conference. This year’s conference will take place from June 11-15 in San Francisco, there developers will “learn about the future of iOS and OS X.” I’m sure a more definitive date for Mountain Lion (10.8) will be released at this time.
Like the previous years, the ticket price for attendance at WWDC as a developer is $1,599 before flights and accommodations—Apple bumped the price in 2010 after the previous few years sold out instantly, but that didn’t stop the conference from selling out quickly in 2011, and as an update WWDC 2012 is officially sold out within 2 hours of the announcement.
Apple is now allowing developers as young as thirteen to attend WWDC. A parent or guardian that is a registered Apple developer must purchase the tickets, but can put it in the name of the minor between the ages of 13-17. Apple is also offering scholarships for young developers, in limited quantities, the application deadline for this is May 2.
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A report by Bloomberg alleging a massive operation by China’s Peoples Liberation Army (PLA) to plant spy hardware on servers used by some of the U.S.’s most high profile corporations is being refuted by tech vendors Apple as well as Amazon, who contend that no such compromises took place.
The report written by Jordon Robinson and Michael Riley and released Thursday says that PLA agents implanted tiny surveillance chips on server motherboards manufactured by Super Micro Computer. The devices, no larger than a pencil tip, could give Chinese agents access to and control over critical hardware used by Apple Computer, Amazon and other large, U.S. firms, including financial services firms and intelligence agencies, the report says.
[You might also want to read: Massive Facebook Breach Affects 90 Million Accounts]
If true, the incident would be one of the most serious uses of a so-called “supply chain” hack, in which sophisticated adversaries place malicious components on equipment that is then purchased and installed on target networks. The Bloomberg report cites “six current and former senior national security officials” who described to reporters the discovery of the chips and the government’s investigation of them. The reporters also spoke with what were described as “two people inside (Amazon Web Services)” who provided Bloomberg with “extensive information” on how the attack played out at Amazon and the firm Elemental, which Amazon acquired, leading to the discovery of the spy hardware. Bloomberg reporters also cite three Apple insiders who corroborated all or parts of the report.
In all, Bloomberg said it found 17 people who confirmed the manipulation of Supermicro’s hardware and other elements of the attacks, though those sources were granted anonymity.
Both Apple and Amazon disputed the report in strongly worded and unequivocal statements Thursday.
“As we shared with Bloomberg BusinessWeek multiple times over the last couple months, this is untrue,” wrote Stephen Schmidt, Amazon’s Chief Information Security Officer in a blog post that called the Bloomberg report “erroneous.” “At no time, past or present, have we ever found any issues relating to modified hardware or malicious chips in SuperMicro motherboards in any Elemental or Amazon systems. Nor have we engaged in an investigation with the government,” Schmidt wrote. “There are so many inaccuracies in this article as it relates to Amazon that they’re hard to count.”
Schmidt’s statement categorically denies most of the claims in the Bloomberg report. Among them: that Amazon discovered modified chips and hardware during its due diligence on Elemental, a video streaming startup based in Portland, Oregon. Amazon also denied claims that the company had traced the malicious chips back to a Beijing data center. “We never found modified hardware or malicious chips in servers in any of our data centers.”
Amazon employs stringent security standards across our supply chain – investigating all hardware and software prior to going into production and performing regular security audits internally and with our supply chain partners. We further strengthen our security posture by implementing our own hardware designs for critical components such as processors, servers, storage systems, and networking equipment.
Apple also issued a strongly worded statement refuting assertions made in the Bloomberg story and accusing Bloomberg of pushing ahead despite company denials.
“We have found absolutely no evidence to support any of them. We have repeatedly and consistently offered factual responses, on the record, refuting virtually every aspect of Bloomberg’s story relating to Apple,” the company said.
The company “has never found malicious chips, ‘hardware manipulations’ or vulnerabilities purposely planted in any server,” the statement reads, nor has the company had contact with the FBI or any other agency about such an incident,” Apple said.
“We are deeply disappointed that in their dealings with us, Bloomberg’s reporters have not been open to the possibility that they or their sources might be wrong or misinformed,” Apple said.
The rancorous back and forth leaves the substance of the Bloomberg piece in doubt. In the short term, however, it is almost certain to play into tensions between the Trump Administration and the government of China. Already on Thursday, Vice President Mike Pence accused Chinese security agencies of “masterminding the wholesale theft of American technology, including cutting-edge military blueprints.” It is unclear whether the comment was related to the Bloomberg report.


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H&M has teamed up with Simone Rocha and this might be the prettiest collaboration we have ever seen. The collection is now on sale so be quick before it sells out.
There hasn’t been much to sink our fashion teeth into these past few months. Sure, a new loungewear set gets the heart racing a little more than it used to and going to the supermarket in our new coat now constitutes an occasion. But, nothing to really whet our sartorial appetite. Well, there is something actually, properly, brilliantly exciting hitting the shelves this morning as H&M has teamed up with London-based designer Simone Rocha for a new collection.
Earlier this month we had a first look at the latest campaign shots featuring Daisy-Edgar Jones, Michael Ward, Adwoa Aboah, Kelsey Lu and Francesca Hayward.
Continuing a long tradition of acclaimed designer collaborations which has seen the likes of Stella McCartney, Karl Lagerfeld, Balmain, Moschino and Erdem apply their masterful creations to a high street, this year’s collaboration with Rocha is set to be just as grand, if not grander.
Irish designer Simone Rocha’s romantic modern take on femininity has earned her the title of being one of the most coveted shows at London Fashion Week and a firm favourite among industry insiders.
Rocha’s appeal isn’t limited to just a London fan base (although it is an incredibly strong one here) but also resonates with some of the world’s best dressed women including Rihanna, Alexa Chung, Diane Kruger and Chloë Sevigny, and has become the go-to for standout red carpet moments.
Rocha’s easy to identify aesthetic of florals, tulle and pearls often paired with the most delicate of fabrics in soft colours is what gets our fashion hearts racing and staying true to form, this is exactly what you can expect from the collaboration that will drop in stores 11th March 2021.
“I am so thrilled to be working with H&M on this very special collection. It truly is a celebration of the signatures of my brand, and the influences that have shaped me. As a designer, and as a customer, I’ve been such a fan of the H&M collaboration concept. Margiela, Alber Elbaz, Comme des Garcons – it’s such an amazing list of alumni to be a part of.”
“Being able to do something with so many people across all ages, all sizes, all nationalities it was really important for me that the collection brought femininity, strength and modernity” reflects Rocha.
“When you wear Simone Rocha, you feel like the belle of the ball.” Notes model and muse Adwoa Aboah who stars in the campaign video alongside Normal People’s Daisy Edgar-Jones and fellow model Tess McMillan.
Images: H&M / Getty


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From start-ups to researchers as well as a range of nutrition heavy weights, this year’s Nutraingredients Awards was once again packed full of first-class entries, each one hoping to win one of our 17 coveted prizes.
Vitafoods has announced it will be hosting a Digital Week (11-15 May 2020) dedicated to supporting and inspiring the nutraceutical industry by giving exclusive access to the latest science, insight and trends.
'Media is glamorous, pharma is sexy - but food means farms and hairnets'
FoodDrinkEurope (FDE) wants industry step up efforts to hire new talent and match skill needs - but that’s no easy task when many young people don’t even consider the food industry as a place to work, according to several European recruitment agencies.
The last 12 months have been turbulent for much of Asia-Pacific's food industry, with regulations, legislation, markets and partnerships continuing to develop in the latest step in the region's economic development.To mark a fascinating year...
Food manufacturers, retailers and other food industry players are failing to connect with consumers who are tuning out of mainstream messaging and infesting their own comms channels, says angel investor, business mentor and philanthropist, Mike Greene.
Are you a board level director at a food and drink manufacturing company? If so, then reserve your place at Food Manufacture’s annual business leaders’ round table debate at Eversheds’ London HQ on Tuesday January 18, 2011.
Relaunched with a simplified entry form and a brand spanking new London venue, this year's Food Manufacturing Excellence Awards offer your company a fantastic opportunity to get the recognition it deserves.
An investigation into the use of nanotechnologies in food and food contact materials will consider their health and safety implications and help ensure the UK plays a key role in the development of this field, claims a House of Lords’ subcommittee.
The chief of the Confederation of British Industries is proposing that all high performing 14-16-year olds should study triple science – a message that resonates with concerns over building a suitable skills base for future food industry employees.
While in the Hollywood stratosphere, it seems that you are not
anyone these days unless you're a duo, in the glamorous world of
food manufacture, the team-up route to success may not be quite as
In the wake of terrorist attacks in the US on September 11, 2001
Europe's manufacturing industries have taken a knock but figures
released this week reveal that the food industry is managing the
course, registering a 'light...


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In about a week, Huawei will officially reveal the new P50 series. The exact launch date will be on July 29 as earlier confirmed. There will be several variants: a regular Huawei P50, a Huawei P50+, and a Huawei P50 Pro. The series was promised to still be released despite the challenges Huawei is facing. […]
The post Huawei P50 Pro camera details leaked before launch first appeared on Android Community.


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Microsoft has been swimming in cloudy waters this past week with used game sales, but a new report shows Xbox One game will not have a resale price tag and the games can be lent and sold.
However, the game can only have one owner at one time, once a game is lent or sold, the owner will change from the original to whoever has the game now, whether it is a friend or a buyer.
Microsoft will do routine checks on every game in every users library, to make sure they are the only people playing the game. If they are not, the game will be deactivated and activated on the current owners console.
This makes more sense and will make more gamers happy with Microsoft’s approach to used games, the recent news made many believe the company and publisher would take a bite of the used resale profit and games could not be lent to friends.
Again, this is only a report right now and we may see Microsoft go down the wrong path and not allow resale of old games, but given the strong feedback by potential consumers, we hope Microsoft is clever enough to take the right road.
Microsoft’s biggest competitor, Sony, has said they will allow used games to be resold in the traditional fashion and will not have any DRM or always online modes for the user to participate in.
This will appeal to the more pro-gamer, but Microsoft is pushing an all in one entertainment system more than a pro-gamer system, a move that broad could rake in a lot of potential customers.


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Mike McDonald of WebProNews was hot on the SES Chicago circuit, getting a ton of terrific inteviews with a variety of search marketers and conference personalities.
Here, Mike sits down with ClickZ's own Rebecca Lieb, after it had been announced she would be responsible for the editorial direction of Search Engine Watch post Danny Sullivan. Watch the video now:
Discuss Rebecca's comments in our forum thread, Search Engine Watch, Version 2.0 now.
Twitter Canada MD Kirstine Stewart to Keynote Toronto
ClickZ Live Toronto (May 14-16) is a new event addressing the rapidly changing landscape that digital marketers face. The agenda focuses on customer engagement and attaining maximum ROI through online marketing efforts across paid, owned & earned media. Register now and save!


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They said/We Said: What are the odds? There’s another controversy brewing for American Apparel
Never a stranger to controversy, Dov Charney is in the hot seat again after having finally admitted that American Apparel’s long-held “Made in America” practices may not be as steadfast a policy as everyone had thought.
In an interview with the Los Angeles Times, the label’s head honcho was adamant that American Apparel would keep creating its products in California… for now, at least.
“To say that I’m never going to import from overseas would be unreasonable,” he told the L.A. Times. “At this time our business concept is to make everything here. But I wouldn’t rule anything out.”
Despite the flurry of sexual harassment cases, wrongful-termination suits and dwindling financial numbers, American Apparel’s one redeeming quality was always the fact that its products were made at home.
The company’s also done a good job of providing higher wages for their production team. American Apparel’s unique team-based production system, which guarantees an hourly $8 wage on top of a “piece rate” wage for each completed garment, gives higher wages to immigrants who would otherwise only qualify for low-wage employment.
The catch is that the higher wages, on-site masseuses, and higher quality raw materials spell out a higher price tag for a cotton T than you’d find at one of its competitors, like Target.
The real question is: are customers going to continue to pay more for a product that’s “Made in America”? In other words, do they even care, when “Made in America” is essential to a brand’s identity?
“When it comes to fashion items, that doesn’t necessarily resonate with shoppers,” Anthony Dukes, a business professor at the University of Southern California, told the L.A. Times. “There’s not a lot of evidence to suggest that ‘made in America’ is a great model.”
Doug Barry: “Charney… left the door to cheap, overseas labor open enough to slide his unctuous body through should busines (sic) fail to improve.” [Jezebel]
Rani Sheen, copy and health editor: “Remember when the name American Apparel mostly brought associations with sweatshop-free labour and a commitment to local manufacturing? How times have changed. That message has been overshadowed by Dov Charney’s sleazy interview antics and T&AAA campaigns—maybe a renewed focus on it‚ as opposed to forgetting it entirely, would be just the thing to resurrect the brand.”


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Alexander Amosu is back in his element, where his latest creation is a BlackBerry that will be the most expensive diamond encrusted version of the device in the world, crafted in solid 18 carat yellow gold and encrusted with 4,459 (count them!) brilliant cut diamonds for a total of 28.43 carats. With such opulence, you can expect the five-star treatment to continue, where this handset can be personalized with your name or company logo while featuring a 24-hour global concierge service (hello, Vertu? Your space is being invaded here). There will only be three of these diamond-encrusted BlackBerrys in the world, where one of them will retail for a whopping $200,366.
Next Story: ThumbsUp Emoticon T-Shirt


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- 14 May 2019
- Transport / Logistics Services
A new data sharing agreement (DSA) that meets the requirements of General Data Protection Regulations (GDPR) has been launched by the International Post Corporation (IPC).
Under the new DSA, postal operators will send electronic data on international postal items to the receiving postal operators before sending them. The data is used for operational tracking, customs clearance, and the provision of postal services. Under the terms of the IPC DSA the postal operators will also agree on the standards for the handling of customs data that applies to them.
The new IPC DSA updates a multilateral agreement set up in 2015 to meet the 2018 GDPR requirements. Regarding the 2015 agreement, according to the IPC, “This Data Sharing Agreement, formally titled the “Agreement for the Electronic Exchange of Customs Data” and now known as “DSA 1”, significantly contributes to improving postal services and efficiency.”
Under the GDPR, EU and EEA postal operators have to ensure that the personal data they process and share are processed securely. IPC state, “This new Data Sharing Agreement, formally titled the “Agreement for the Electronic Exchange of Postal Service Data” and now known as “DSA 2”, is in force and active since 05 October 2018, alongside DSA 1.”
Currently DSA 2 has 11 signatory postal operators, and DSA 1, 54. The IPC DSAs are open to all postal operators worldwide.


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The Solomon R. Guggenheim Foundation, YouTube and HP have teamed up in search of the world’s most creative online video. In collaboration with Hewlett-Packard and Intel, Google’s YouTube set up a dedicated site section dubbed Play, in an effort to find and showcase the most exceptional talents working in the realm of online video.
In the – international – search for new creative video, everyone is invited to submit their best works, which people can do until July 31st. Anything goes, from straight-up art to animation, music videos, motion graphics, narrative and non-narrative work, or even entirely new art forms (that should be interesting).
A jury of experts comprising people from the worlds of art, design, film, and entertainment will select up to 20 videos to be presented at the Solomon R. Guggenheim Museum on October 21, 2010, with simultaneous presentations at the Guggenheim museums in Berlin, Bilbao, and Venice. The works will also be available to a worldwide audience on the YouTube Play channel.
Nancy Spector, Deputy Director and Chief Curator of the Guggenheim Foundation, eloquently put it this way:
“In the last two decades, there has been a paradigm shift in visual culture. The moving image has been fully absorbed into critical contemporary art practices, and now we are witnessing the power of the Internet to catalyze and disseminate new forms of digital media, including online video.”
Hear, hear. I nominate OMG Cat:
YouTube provides a platform for you to create, connect and discover the world’s videos. The company recently redesigned the site around its hundreds of millions of channels. Partners from major movie studios, record labels, web original creators, viral stars, and millions more all have channels on YouTube. YouTube is predominantly an ad-supported platform, but also offers rental options for a growing number of movie titles. YouTube was founded in 2005 by Chad Hurley, Steve Chen and Jawed Karim, who...
Hewlett-Packard technology corporation headquartered in Palo Alto, California, USA. HP is one of the world’s largest information technology companies and operates in nearly every country. HP specializes in developing and manufacturing computing, data storage, and networking hardware, designing software and delivering services. Major product lines include personal computing devices, enterprise servers, related storage devices, as well as a diverse range of printers and other imaging products. HP markets its products to households, small to medium size businesses and enterprises...


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In line with its vision to facilitate the growth of the dairy sector of Pakistan, Haleeb Foods Ltd. under the banner of its Asli Milk brand, carried out support initiatives with the dairy farmers of Jhang yesterday. Under these initiatives, HFL provided means to build sheds to facilitate dairy farmers and educational training sessions were also conducted by its Milk Collection and Dairy Services (MCDS) department.
This initiative by HFL demonstrates the company’s long-term commitment to protect and restore the resources that its industry and communities heavily rely on. Billboard skins of HFL’s Asli Milk campaign were reused for the construction of dairy farming sheds. The aim of these sheds is to facilitate the farmers by providing them relief from the scorching heat and help them increase their business. Furthermore, the various training sessions which were carried out convinced farmers to grow their own green fodder as a means to cut their costs and add to their profits.
Dr. Imdad, Head of Milk Collection and Dairy Services at Haleeb Foods Ltd., commenting about this initiative said, “These training sessions conducted by our MCDS division play a pivotal role in educating dairy farmers about various aspects of dairy farming. The implications of these trainings are witnessed through better yield of milk from animals, healthier cows, better fodder for the animals etc.”
Speaking about the initiative, CEO Haleeb Foods Ltd., Memosh Khawaja stated that “We are not only recycling materials used in our Asli Milk Campaign, but also adding to the infrastructure to aid in the day to day activities of dairy farmers. Farmers will be able to use these sheds to carry out their business activities more comfortably. He further said that, “Sustainability lies at the heart of HFL’s core pillars upon which the company stands. Haleeb Foods Ltd. would urge other market players as well to make better use of these advertising skins which would otherwise go to waste.”
Over the past several years, HFL has participated in various development projects which have added great value to the dairy industry of Pakistan. HFL has not only successfully provided services for the vaccination of over 20,000 animals but has also helped farmers develop water ponds and silage units for their dairy animals. Eradicating poverty, providing equal opportunities for women and increasing the number of self-employed individuals in the economy are the core values and objectives of HFL’s dairy development projects.
HFL remains steadfast in introducing new innovative products and initiatives. HFL created a whole new category called Value-For-Money Milk with its brand ‘Asli Milk’. Asli Milk is wholesome and pure quality milk that provides the public the absolute surety that they are getting the most affordable and 100% real milk for all their daily dairy needs.


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FITCHBURG, Wis. — Ingredient innovator and formulation expert Glanbia Nutritionals will present a range of great-tasting nutritional food and beverage prototypes at this year’s SupplySide West show in Las Vegas. Highlighting its ongoing science-lead innovation and growing range of custom micronutrient premixes and high quality functional ingredients, the focus at the show is on functionality, advanced nutrition and specialty ingredients.
On stand beverage prototypes will …Read the full article »Comment Count
As maker of the #1 selling stevia in the natural channel*, SweetLeaf Stevia® Sweetener knows the natural product consumer. The company’s stevia provides powerful label appeal and taste that makes a good product great. SweetLeaf, the stevia brand winning the most taste awards globally, will be exhibiting at Booth #22058 at SupplySide West 2013, set for Nov. 12-16 in Las Vegas.
“With demand continuing to …Read the full article »Comment Count
FITCHBURG, Wis. — Glanbia Nutritionals is announcing the launch of an innovative new flax protein powder for protein fortification. LinPro™ 140 is a natural, allergen-free ingredient for use in a wide range of applications including bars, clusters, cereals and beverages.
Harnessing the health-promoting properties of natural flaxseed, LinPro 140 offers powerful health benefits and nutritional value. Containing beneficial omega-3 fatty acids and antioxidant lignans, the …Read the full article »Comment Count
Italian printing organisation StampaSud S.p.a. has seized the opportunity to launch a revolutionary new intelligent innovation for Branding and Marketing agencies involved in the drinks and beverage industry, through SmartLab www.smartlabitalia.com, the labelling division of their packaging operation www.pacoitalia.com.
The innovation is called StampaTech, and it allows consumers and users to access a virtually unlimited amount of information ranging from branding and marketing materials …Read the full article »Comment Count
FRANKLIN, TN, 9 October 2013 — High pressure processing (HPP) leader Avure Technologies has launched a new HPP Equipment Services and Support (ESS) program to maximize customer return on investment by sustaining Avure HPP systems throughout an extended equipment lifecycle.
Rebuilt from the ground up and incorporating industry best practices, the world-class service platform …Read the full article »Comment Count
MINNEAPOLIS – Cargill has been granted U.S. patent #8,512,739 for the use of its Xtend® sucromalt low glycemic index sweetener in food and beverage compositions. The patent covers the process and conditions to produce sucromalt that ensure its unique carbohydrate composition and appropriate physical characteristics necessary for handling and food application (e.g., viscosity and sweetness). Foods …Read the full article »Comment Count
Son, Netherlands – 07 October 2013 – Global leader in gelatine and collagen peptides, Rousselot®, will be showcasing its portfolio of functional food ingredients at this year’s SupplySide West. The company will highlight the latest developments in its innovative Peptan® collagen peptide range, which will be available to sample in two exciting …Read the full article »Comment Count
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If you own an iPad, iPhone, or a Mac, you should definitely go update your device right now. Why? Because…
The BBC has aired drone footage of the devastation in Zhengzhou, a city in central China that has experienced deadly…
DSLR or smartphone? It’s an age-old debate that photographers, enthusiasts, and journalists have been waging ever since phone cameras started…
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The total number of registered vehicles in March 2021 was 16,49,678, a decrease of 29% from 23,11,687 registered in March 2020. In the passenger car segment, there were 2,79,745 new registrations.
In the passenger car segment, there were 2,79,745 new registrations in March 2021.
The Federation of Automobile Dealers Associations (FADA) has released monthly vehicle registration data for March 2021. Last month, the total number of registered vehicles was 16,49,678, a decrease of 29% from the 23,11,687 registered in March 2020. .. However, the industry saw a 10% monthly increase compared to 14,99,036 vehicles registered in February 2021. In March 2021, the number of new passenger car segments registered was 2,79,745, more than 28% higher than the 2,17,879 registered in March 2020.
Read again: Car Sales March 2021: Maruti Suzuki sees MoM growth of 2%. Total sales down 7% in 2020-21
However, the transition from BS4 to BS6 in March last year and the complete blockade of India had a negative impact on car sales, so PV sales growth is the most unusual. However, looking at the 2,54,058 units registered in February 2021, we see a more realistic MoM growth of 10%.
Vinkesh Gulati, President of FADA India, commented on the industry’s performance in March 2021: Only tractors and passenger cars were the two categories with strong double-digit growth. This growth may be related to multiple factors, including last year’s lows, the transition from BS-4 to BS-6, and India’s complete blockade. The global shortage of wafers, which are semiconductor inputs, has continued for a long time, and the PV standby period has reached as long as 7 months. According to a FADA survey, 47% of PV dealers said they lost more than 20% of their sales due to supply constraints. .. “
Read again: Automobile sales March 2021: Mahindra agricultural machinery sector sales 30,970 units
At the same time, the motorcycle segment decreased by more than 35% to 11,95,445 units in March 2021 from 18,46,613 units registered a year ago in March 2020. However, in February 2021, MoM growth in this segment was 9.5% compared to the registered 10,91,288 units. On the other hand, the number of registered tricycles was 38,034, a decrease of nearly 51% from 77,173 registered in March 2020. At the same time, the commercial vehicle segment decreased by 42 units year-on-year. Percentage with 67,372 units.
Read again: Motorcycle sales March 2021: Hero MotoCorp dispatches 5.77 easy units
Regarding tractor sales, there were 69,082 new registrations in March 2021, an increase of more than 29% compared to 53,463 units sold in the same period last year. However, MoM in the tractor segment increased by 12% compared to 61,351 units registered in February 2021.
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New car registrations will decrease by 29% in March 2021. 10% MoM growth seen in February 2021
Source link New car registrations will decrease by 29% in March 2021. 10% MoM growth seen in February 2021


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South Korea’s exports of beverages reached a record high during the first nine months of 2023 in line with the popularity of Korean food and the overall culture, the customs agency said.
The export value of beverages, excluding alcoholic drinks and mineral water, amounted to $529 million during the January-September period, up 6.3 percent from a year earlier, according to the data from the Korea Customs Service.
It is the highest level ever for a nine-month tally.
Last year, the country logged record global sales of its beverages, amounting to $630 million, and it is expected to surpass that number in 2023, agency officials said. (Yonhap)


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Bitcoin continued to decline during early 2018, before eventually stabilizing at around $7,000 per coin. It has remained in the $6,000 to $7,000 range since June, and the volatility that characterised the market in 2017 and early 2018 has all but evaporated. On its 10-year anniversary, bitcoin is trading at $6,305 per coin, according to Markets Insider.
Various journalists, economists, and the central bank of Estonia have voiced concerns that bitcoin is a Ponzi scheme. In 2013, Eric Posner, a law professor at the University of Chicago, stated that "a real Ponzi scheme takes fraud; bitcoin, by contrast, seems more like a collective delusion." A 2014 report by the World Bank concluded that bitcoin was not a deliberate Ponzi scheme.:7 The Swiss Federal Council:21 examined the concerns that bitcoin might be a pyramid scheme; it concluded that, "Since in the case of bitcoin the typical promises of profits are lacking, it cannot be assumed that bitcoin is a pyramid scheme." In July 2017, billionaire Howard Marks referred to bitcoin as a pyramid scheme.
Though perhaps not useful for the proverbial “cup of coffee” today, bitcoin is regularly used to move hundreds of millions of dollars across borders, often much more quickly and cheaply than settling such transactions through the conventional financial system. Earlier this month, for instance, a crypto user sent $194 million worth of bitcoin for just $0.10.
The successful miner finding the new block is rewarded with newly created bitcoins and transaction fees. As of 9 July 2016, the reward amounted to 12.5 newly created bitcoins per block added to the blockchain. To claim the reward, a special transaction called a coinbase is included with the processed payments.:ch. 8 All bitcoins in existence have been created in such coinbase transactions. The bitcoin protocol specifies that the reward for adding a block will be halved every 210,000 blocks (approximately every four years). Eventually, the reward will decrease to zero, and the limit of 21 million bitcoins[f] will be reached c. 2140; the record keeping will then be rewarded solely by transaction fees.
Though transaction fees are optional, miners can choose which transactions to process and prioritize those that pay higher fees. Miners may choose transactions based on the fee paid relative to their storage size, not the absolute amount of money paid as a fee. These fees are generally measured in satoshis per byte (sat/b). The size of transactions is dependent on the number of inputs used to create the transaction, and the number of outputs.:ch. 8
In September 2015, the establishment of the peer-reviewed academic journal Ledger (ISSN 2379-5980) was announced. It covers studies of cryptocurrencies and related technologies, and is published by the University of Pittsburgh. The journal encourages authors to digitally sign a file hash of submitted papers, which will then be timestamped into the bitcoin blockchain. Authors are also asked to include a personal bitcoin address in the first page of their papers.
Network nodes can validate transactions, add them to their copy of the ledger, and then broadcast these ledger additions to other nodes. To achieve independent verification of the chain of ownership each network node stores its own copy of the blockchain. About every 10 minutes, a new group of accepted transactions, called a block, is created, added to the blockchain, and quickly published to all nodes, without requiring central oversight. This allows bitcoin software to determine when a particular bitcoin was spent, which is needed to prevent double-spending. A conventional ledger records the transfers of actual bills or promissory notes that exist apart from it, but the blockchain is the only place that bitcoins can be said to exist in the form of unspent outputs of transactions.:ch. 5
Charts can be a very useful tool for those looking to trade or invest in Bitcoin. Prices are available on numerous time frames, from as little as a minute to monthly or yearly charts. Short term traders may use shorter-term charts to try to profit from buying and selling of Bitcoin. Long-term investors may use charts to try to identify areas f support and resistance. When the market declines into support levels, investors may see that as a solid buying opportunity and look to buy Bitcoin on dips.
On 1 August 2017, a hard fork of bitcoin was created, known as Bitcoin Cash. Bitcoin Cash has a larger block size limit and had an identical blockchain at the time of fork. On 24 October 2017 another hard fork, Bitcoin Gold, was created. Bitcoin Gold changes the proof-of-work algorithm used in mining, as the developers felt that mining had become too specialized.
In any situation, CEX.IO provides users with the proper conditions for selling and buying Bitcoins and helps them make the correct decisions. The Bitcoin to USD chart is designed for users to instantly see the changes that occur on the market and predict what will come next. This feature allows customers to seize the most appropriate moment for the transaction so that they can gain the maximum benefit from it. So, if you are looking for a Bitcoin to dollar exchange, choose CEX.IO for the best experience. With the platform, you will be able to get an advanced user experience.
Prior to the release of bitcoin there were a number of digital cash technologies starting with the issuer based ecash protocols of David Chaum and Stefan Brands. Adam Back developed hashcash, a proof-of-work scheme for spam control. The first proposals for distributed digital scarcity based cryptocurrencies were Wei Dai's b-money and Nick Szabo's bit gold. Hal Finney developed reusable proof of work (RPOW) using hashcash as its proof of work algorithm.
It’s decentralized and brings power back to the people. Launched just a year after the 2008 financial crises, Bitcoin has attracted many people who see the current financial system as unsustainable. This factor has won the hearts of those who view politicians and government with suspicion. It’s no surprise there is a huge community of ideologists actively building, buying, and working in the cryptocurrency world.
^ Jump up to: a b c d Joshua A. Kroll; Ian C. Davey; Edward W. Felten (11–12 June 2013). "The Economics of Bitcoin Mining, or Bitcoin in the Presence of Adversaries" (PDF). The Twelfth Workshop on the Economics of Information Security (WEIS 2013). Archived (PDF) from the original on 9 May 2016. Retrieved 26 April 2016. A transaction fee is like a tip or gratuity left for the miner.
More recently, at a congressional hearing on Capitol Hill, global economist and New York University professor Nouriel Roubini said, "Crypto is the mother or father of all scams and bubbles." He called out "swindlers" who tapped into investors' fear of missing out and took them for a ride with "crappy assets that went into a bust and crash — in a matter of months — like you have not seen in any history of financial bubbles."


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The Bureau of Labor Statistics data on employment and unemployment in September were released this morning. It’s not nearly as good news as in the last few months, of course, something you would expect as we get closer to full employment. But it’s good news nevertheless.
The overall unemployment rate fell yet again, this time from 8.4 to 7.9 percent. That reflects two facts. The first one, which is good, is that employment increased by 275,000 between August and September. The second fact, which is bad, is that 695,000 people left the labor force. So the main driver of the lower unemployment rate was people leaving the labor force rather than people getting jobs.
Beneath those aggregate data are two pieces of good sectoral news: sectors that were hit hardest earlier this year are recovering.
Here’s the BLS:
Employment in leisure and hospitality increased by 318,000 in September, with almost two-thirds of the gain occurring in food services and drinking places (+200,000). Despite job growth totaling 3.8 million over the last 5 months, employment in food services and drinking places is down by 2.3 million since February. Amusements, gambling, and recreation (+69,000) and accommodation (+51,000) also added jobs in September.
Retail trade added 142,000 jobs over the month, with gains widespread in the industry.Clothing and clothing accessories stores (+40,000) accounted for about one-fourth of the over-the-month change in retail trade. Notable employment increases also occurred in general merchandise stores (+20,000), motor vehicle and parts dealers (+16,000), and health and personal care stores (+16,000). Employment in retail trade is 483,000 lower than in February.
You might think that the big drop in the unemployment rate for black people and African Americans, from 13.0 percent to 12.1 percent, is wholly good news. What the data show, though, is that this group is treading water. 17.528 million black people and African Americans were employed in August, and 17.537 million were employed in September, an increase of over 9,000 people.


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Even we are still expecting all retailers to offer the best deals from 29th November, Amazon boasts already huge savings on specific items in time-limited deals that are unlikely to be bettered during the whole event.Read More
Are you ready? It’s finally the month for Black Friday UK deals in 2019, and the November 29 sales event is in sight. This year, Black Friday falls on Friday 29 November but – as with every year now – many of the best Black Friday deals have already started to appear.
Laptops, games consoles and clothes are all sold at a fraction of the price – perfect timing for early Christmas shopping.


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China said it is ready to impose retaliatory tariffs on $60bn worth of USA goods if that happens. Earlier speculation was that those tariffs, proposed in July, would take effect in early October, though trade associations have been gearing up for the announcement to come as early as the end of this week.
The moves would sharply escalate President Donald Trump's trade war with Beijing over his demands for major changes in economic, trade and technology policy. "Exciting!" President Trump said, advising the tech giant over Twitter on Saturday as his motorcade drove from the White House to his Virginia golf club. "I hate to do this, but behind that there is another $267 billion ready to go on short notice if I want".
"That totally changes the equation", Mr Trump said.
US President Donald Trump waves during joint statements with China's President Xi Jinping at the Great Hall of the People in Beijing, China, November 9, 2017. It makes many of its products for the US market in China, and it also sells gadgets including the iPhone in China, making them a potential target for Chinese retaliation against the Trump tariffs.
Apple prices may increase because of the massive Tariffs we may be imposing on China - but there is an easy solution where there would be ZERO tax, and indeed a tax incentive.
White House Economic advisor Larry Kudlow told CNBC that talks between the USA and China were ongoing.
Levying duties on all Chinese purchases would hit "every aspect of our American lifestyle - so the clothes that we put on our back, the food that we eat, the cars that we drive, theshoes that we wear", Hun Quach, vice president of global trade for the Retail Industry Leaders Association, said by phone.More news: Meteorite Survives Catastrophic Fire at the National Museum of Brazil
Trump has said the tariffs are necessary to punish Beijing for what he says are its unfair trade practices and intellectual property theft.
As trade relations between the two countries continue to get strained, Apple said in a letter to the USA trade representative that the move would "hurt" the company, according to CNBC report.
"More broadly, tariffs will lead to higher US consumer prices, lower overall USA economic growth, and other unintended economic consequences". Earlier this year, the company said that as part of tax reform it would spend $350 billion in the U.S. over the next five years.
Apple doesn't actually run its own factories in China, but uses contract manufacturers like Foxconn to build the iPhone and other products.
The US has imposed $50 billion worth of tariffs on Chinese goods with another $200 billion in the final stages. USA stocks erased gains after Trump's remarks.
"But right now we just can't make that deal".


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We’re approximately one month into flu season, and the sounds of coughs, sniffles and sneezes are growing louder.
Preventive measures don’t have to carry a high price. Though they’re not fail-safe, you can take some simple steps to avoid getting sick. According to Stephanie Harper, director of the Roanoke and Alleghany health department districts, the best protection against the flu is the vaccine.
The vaccine became available in September, but it’s not too late to get your shot. Harper said flu season can last through April or May, with the season peaking in January and February. Until you get your flu shot and for two weeks after, your body is unprotected against the virus. Getting vaccinated now will protect you through that peak time of year, she said.
“It takes two weeks after you receive the vaccine for antibodies to develop,” Harper explained. “That’s the case in most healthy adults.”
There’s no shortage of places to get a flu shot. Many chain pharmacies, like CVS, Walgreens and Kroger, will administer flu vaccines without an appointment and even offer incentives. Currently, CVS is distributing shopping passes offering a 20-percent discount to anyone who gets a vaccine in its pharmacy. However, the most affordable place to get a flu shot depends on your insurance plan. Generally, vaccines from the Virginia Department of Health are a safe and affordable bet for anyone.
Local health department clinics, including the Community Wellness Center on the lower level of Valley View Mall, accept all forms of insurance and provide flu shots with no out-of-pocket cost for the uninsured or underinsured.
According to a press release from the VDH, Roanoke and Alleghany district clinics will welcome walk-ins on Fridays during flu season. The Roanoke City Health Department, located at 1502 Williamson Road, will also allow walk-ins on Thursday evenings from 4 to 6 p.m. More information about clinic hours and closings can be found at www.vdh.virginia.gov.
Other simple preventive measures the VDH recommends include frequently washing your hands with soap, using an alcohol-based hand sanitizer, avoiding contact with anyone you know is sick, and keeping your hands away from your eyes, nose and mouth.
While there are many pricey over-the-counter products that promise a boost for your immune system, there’s no clear proof that they help deter the flu.
“I think, in general, the jury is still out on some of those common remedies,” Harper said. “Until we have better information, those wouldn’t be my first choices.
“It’s not necessarily that we think these things are harmful, there’s just more information we could get on them.”
If you do choose to take supplements to prevent the flu, always consult your doctor and keep some tips in mind. Vitamin C has been shown to help some people when taken at the beginning of a cold or the flu, Harper explained. And it’s best to take zinc (with food) within 24 hours of getting sick.
Harper also advised that most people’s immune systems are fine, so supplemental products may not be worth the money.
For anyone who comes down with the flu, there are some affordable remedies.
The VDH advises anyone who is sick with a flu-like illness should stay home for at least 24 hours after the fever is gone without the use of fever-reducing medication, like acetaminophen. Dehydration is usually a problem for those suffering from the flu, so drink plenty of liquids. Harper also suggested gargling with saltwater (half a teaspoon of salt per eight ounces of water) to help a sore throat and running a humidifier or vaporizer to help ease congestion and coughing.
The flu is caused by a virus, so in some cases, antiviral drugs can be prescribed by your doctor. However, don’t visit the doctor expecting antibiotics — those treat bacterial infections.
Harper said that some over-the-counter products can help treat flu symptoms, but it’s important to read labels.
“One thing to always keep in mind for everyone, with respect to OTC medication, is that you don’t want to take two medicines with the same active ingredient,” she explained. And many medications shouldn’t be taken for an extended period of time, like nasal decongestion products, aspirin and acetaminophen.
When in doubt, always consult a doctor or pharmacist.


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The rumors were true. Streetwear brand Supreme is opening a new store in Brooklyn.
The brand’s newest shop will be open this Thursday, October 5, just in time for the latest drop. It’s located at 152 Grand St., Brooklyn, New York 11249, putting it in the Williamsburg neighborhood.
Store hours are 11am – 7pm Monday – Saturday and 12pm – 6pm on Sundays.
Check out images from the new destination, which includes a mini skate park, below and on the flip.


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Fact check: Baby formula shortage fuels misleading partisan claims
Kaitlin Wowak, supply chain expert and professor at Notre Dame's Mendoza College of Business, was interviewed by NBC 5 about supply chain issues surrounding the baby formula shortage.
If Elon Musk restores Trump’s Twitter account, it could pave the way for other platforms to do the same
CNN Business quoted tech ethics professor Kirsten Martin on what the effects may be in the industry if Twitter under the leadership of Elon Musk reverses President Trump's ban.
Life-threatening baby formula shortage requires fast action, Notre Dame expert says
“Over the last few years, we have seen important products in short supply, including toilet paper, hand sanitizer, PPE and ventilators, to name a few, but no product as critical as baby formula,” said Kaitlin Wowak, an associate professor of IT, analytics and operations who specializes in supply chain disruptions, including product shortages.
Energetic commercials get more attention
Research into what types of ads resonate with consumers by Joonhyuk Yang, assistant professor of marketing at the University of Notre Dame’s Mendoza College of Business, was featured in an article by Ad News.
Reversing Trump Twitter ban will provoke user backlash, Elon Musk warned
In a Guardian piece, Kirsten Martin, a professor of technology ethics at the University of Notre Dame in Chicago, said Musk would face a backlash if he reinstated Trump’s account.
Running Twitter may be much harder than Elon Musk thinks
“If Musk is concerned that many people were upset that Trump was banned, he should see how many more people would be upset if Trump was not banned,” said Kirsten Martin, a professor of technology ethics at the University of Notre Dame, in a piece for Washington Post.
Musk says he would reverse Twitter’s ban of Donald Trump
Kirsten Martin, a professor of technology ethics at the University of Notre Dame's Mendoza College of business said in an AP News piece that “Musk only appears to be worried about the opinion of a small group of individuals who incite violence or perpetuate hate speech.”
Is the US economy headed for a slowdown?
Management professor Timothy Hubbard was quoted in a New York Times piece about the potential for a US economic slowdown.
New York Times
Facebook-owner Meta heads for dismal quarter as advertisers unfriend
"The cost to acquire customers on digital channels like Facebook has increased while the ability to target customers has decreased," said Mitchell Olsen, assistant professor of marketing at the University of Notre Dame, in a piece by Reuters.


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The global air treatment specialist said it was taking legal action to recover the loss.
Munters, which is based in Sweden and trades across western Europe and the United States, confirmed the cost of the problem in an interim report on its results for the first six months of the year. The cost is equal to 10 per cent of the company’s earnings in the first half of this year.
Lars Engström, Munters chief executive, said: “It is a specific problem within the commercial area where we have had problems and we indicated we had warranty problems in the first quarter of this year.
“We have now exactly defined the problem and there is a little bit of replenishment to do regarding the defective component. This is a charge we take now in order to solve this problem and it is not in any other products. It is well defined and we know exactly every installation.
“We have initiated legal processes with the supplier which in our view supplied the product and we hope to recover our costs. It is impossible at this stage to say how much and when, but we are optimistic although legal processes take some time, so it is not something which will happen this year if we don’t find a solution before legal activities begin.”
The report said the cost of replacing components in products which had already been sold had led to “non-reoccurring” costs of 13 million Swedish Krona – equivalent to £1.1 million.
The company refused to make any further comment on the case regarding how many units were affected and who the supplier is.


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January 6, 1988 |
American Credit Card Telephone became CardTel. Sickroom Service Co. changed to Healthcall Inc. And United Virginia Bankshares became Crestar Financial. These were three of the more arresting transformations last year as a record 1,753 American corporations changed names, up 27% from the previous year, a new survey said Wednesday. The identity consulting firm Anspach Grossman Portugal Inc.
February 2, 1988 |
The Geneva Cos., a Costa Mesa firm that handles mergers and acquisitions, initiated and closed more deals than anyone else in 1987, according to a ranking published Monday by an industry newsletter. Geneva was credited with initiating 50 mergers and acquisitions last year, far surpassing London-based Henry Ansbacher with 36 deals and Wall Street stalwarts such as PaineWebber with 33, Drexel Burnham Lambert with 26 and Kidder Peabody with 21.
October 13, 1999 |
Merrill Lynch & Co., PaineWebber Inc. and Donaldson, Lufkin & Jenrette surprised analysts with better-than-expected third-quarter earnings, benefiting from a rebound in securities markets and higher asset-management fees. Merrill, the nation's largest brokerage, said its profit from operations more than quadrupled to $1.34 a share, beating the $1.29 forecast by nine analysts surveyed by First Call Corp.
January 3, 2009 |
What a difference a year makes. With the virtual collapse of credit markets and the drying up of money from private equity firms, 2008 turned out to be a very slow year for mergers and acquisitions. Globally, there were 37,445 deals, totaling $3.3 trillion, down 29% from record volume in 2007, according to Dealogic, a data research firm in New York. In the United States the value of deals dropped 29% to $1.1 trillion.
CALIFORNIA | LOCAL
September 22, 1987
In a quick, anticlimactic ruling, a federal judge Monday dismissed three lawsuits involving Orange County's operation of John Wayne Airport, including one suit brought by the county itself 2 1/2 years ago. Deputy Orange County Counsel Daniel J. Didier said the issues in the lawsuits had been settled previously, and as a result, "there was nothing controversial today." Didier said the key suit dismissed by U.S. District Judge Terry J. Hatter Jr.
February 14, 2014 |
Jos. A. Bank Clothiers Inc., the repeated target of an acquisition by Men's Wearhouse, said Friday it will buy retailer Eddie Bauer in a deal worth $825 million in cash and stock. Jos. A. Bank, the Hampstead, Md.-company, said it will pay $564 million in cash and about 4.7 million new shares at $56 a share to Eddie Bauer's owner, Golden Gate Capital, a private-equity firm, which will own nearly 17% of Jos. A. Bank shares. The company said it has been looking for companies to acquire in recent years, and said Eddie Bauer was one of its first choices. "The acquisition of Eddie Bauer solidifies Jos. A. Bank's leadership in men's apparel and adds new categories such as women's apparel and footwear, to create a powerful, diversified, multi-branded retail platform," Jos. A. Bank said in a statement.


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Valve has announced that its Steam Direct service will require developers to pay a $100 recoupable fee. The news will be good for indie developers who don't have a lot of cash to spend.
Steam direct RSS
Valve has announced that this spring it will replace its Greenlight submission system with Steam Direct. The move will do away with voting and just move to a fee-only based submission system.