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          UPDATE 1-China's HNA lists property assets worth $11 bln for sale - documents      Cache   Translate Page      
*Assets listed include 850 Third Avenue in New York. HONG KONG, Oct 9- Chinese conglomerate HNA Group has put up for sale property assets worth at least $11 billion, according to documents seen by Reuters, accelerating a push to cut its large debt and restructure. Since January, HNA has sold or agreed to sell over $20 billion worth of assets, including real estate in...
          Boeing cleaned up on Pentagon contracts this summer. Here's what the military is buying      Cache   Translate Page      
In the month of September alone, Boeing was awarded more than 20 contracts with a cumulative value of $13.7 billion. Here's a look at some of the big-ticket items the Pentagon bought.
          China's HNA lists property assets worth $11 bln for sale - documents      Cache   Translate Page      
*Assets listed include 850 Third Avenue in New York. HONG KONG, Oct 9- Chinese conglomerate HNA Group has put up for sale property assets worth at least $11 billion, according to documents seen by Reuters, accelerating a push to cut its large debt and restructure. Since January, HNA has sold or agreed to sell over $20 billion worth of assets, including real estate in...
          This multi-billionaire restaurant chain CEO started out as a welder in a tractor factory      Cache   Translate Page      
Zhang Yong's first restaurant opened in 1994 with just four tables. 
          Ackman's Pershing Square unveils new position in Starbucks -sources      Cache   Translate Page      
William Ackman's activist hedge fund Pershing Square Capital Management has taken a new position in Starbucks Corp, according to attendees at a conference where the billionaire investor spoke on Tuesday.

          District Sales Representative - Canon U.S.A., Inc. - Milwaukee, WI      Cache   Translate Page      
About Canon U.S.A., Inc. Must communicate effectively to both external client and internal Canon departments. With approximately $36 billion in global revenue,...
From Canon - Fri, 07 Sep 2018 01:06:56 GMT - View all Milwaukee, WI jobs
          What will the government do with the surplus?      Cache   Translate Page      
Treasury released its financial report for the year to July, and the news is very good for the government. With a surplus of $5.5 billion, it has already reached its 2022 debt target, three years early. Wow. Fantastic news, guys. You go get ’em! Of course, as we all know, this has little to do […] The post What will the government do with the surplus? appeared first on Whale Oil Beef Hooked | Whaleoil Media.
          10/10/2018: Shorten’s $14bn public school fund drive      Cache   Translate Page      

State and territory governments would have to sign up to new teaching standards and improved student results in return for a $14 billion public school funding boost, under a second pillar of Bill Shorten’s promised education policy to be announced...
          Westmoreland, one of oldest U.S. coal companies, files for bankruptcy      Cache   Translate Page      
One of the oldest coal companies in the U.S. filed for bankruptcy protection Tuesday to deal with more than $1.4 billion in debt amid declining ...
          PH to benefit from US-China trade war, says think tank      Cache   Translate Page      

MANILA – The Philippines will benefit from the trade dispute between China and the United States (US) as foreign companies are moving to the country to export products, according to think tank Integrated Development Studies Institute (IDSI). “There are benefits … The increased demand is that actually the $200 plus billion of the $500 billion […]

The post PH to benefit from US-China trade war, says think tank appeared first on Panay News.


          10/10/2018: Disruption: Startups & Tech: Private Investment in Space Blasts Off      Cache   Translate Page      

Total investment in space industry between 20002017 in $ billion *Global private investment, not just US based; Source: Statista Percentage change in private and public investment in the space industry from 2000-2017
          Rs 37.6 bn released for development projects under PSDP 2018-19      Cache   Translate Page      
psdpISLAMABAD, (APP): The government has released over Rs 37.6 billion under its Public Sector Development Programme (PSDP) 2018-19 for various ongoing and new schemes against the total allocations of Rs 675 billion. The released funds include Rs 24.8 billion for federal ministries and Rs 11.8 billion for special areas, the latest data released by Ministry […]
          10/10/2018: Finance & Commodities: Tech-driven!      Cache   Translate Page      

Bilateral trade between India and Taiwan increased to $6.3 billion last year, which is only showing an upward trend this year. Taiwan-India relationship is on the right track. At present, smart solutions in terms of developing cities, street lighting,...
          Google legt Einspruch gegen Android-Strafe der EU ein.      Cache   Translate Page      
Google geht in Berufung und legt Einspruch gegen die von der EU-Kommission verhängte Rekordstrafe in Höhe von 4,34 Mrd Euro ein. Google hatte sich die Strafe im Juli wegen seiner marktbeherrschende Stellung beim Betriebssystem Android eingehandelt. wsj.com (Paid), zeit.de, turi2.de (Background)

Google geht in Berufung und legt Einspruch gegen die von der EU-Kommission verhängte Rekordstrafe in Höhe von 4,34 Mrd Euro ein. Google hatte sich die Strafe im Juli wegen seiner marktbeherrschende Stellung beim Betriebssystem Android eingehandelt.
wsj.com (Paid), zeit.de, turi2.de (Background)


          BILLIONS to be SLASHED from UK aid budget as Mordaunt hatches radical new investment plan      Cache   Translate Page      


BILLIONS of pounds of taxpayers’ money is to be slashed from the UK's foreign aid budget, as International Development Secretary Penny Mordaunt prepares to instigate a radical plan to implore private investors to foot the bill instead.
          'Take back control' Tory and Labour mayors unite for control of post-Brexit fundings      Cache   Translate Page      


TORY and Labour elected mayors united today in urging the Government to let them control billions of pounds of post-Brexit funding for poor regions.
          10/10/2018: Around The World: Daimler to Work With Geely on Ride-Hailing Service in China      Cache   Translate Page      
Beijing: Chinese billionaire Li Shufu may have found the glue to start binding together the automobile assets he’s assembled across the globe — by creating an entirely new business altogether. Li’s Zhejiang Geely Holding Group Co is in talks with...
          Global Infusion Pump Systems, Accessories and Software Market Size, Trends and Forecast to 2024      Cache   Translate Page      
By sourbh    In Business & Finance    1 hour ago
Global Infusion Pump System, Accessories and Software Market is expected to reach USD 14.31 billion by 2024 from USD 9.12 billion in 2016, at a CAGR of 5.8% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Infusion pump accessories market has the largest market segment in infusion pump system, accessories and software market.
Tags: accessories, and, software, analysis, business, intelligence, industry, market, research, reports, global, infusion, pump, system

          POCT Market in Europe - Market Opportunity Assessment and Growth Forecast 2024      Cache   Translate Page      
By sourbh    In Business & Finance    1 hour ago
Europe POCT Device Market is expected to reach USD 11,682.54 billion by 2024 from USD 6,051.05 billion in 2016, at a CAGR of 8.6% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Tags: europe, point-of-care, testing, (poct), analysis, business, intelligence, industry, market, research, reports

          District Sales Representative - Canon U.S.A., Inc. - Milwaukee, WI      Cache   Translate Page      
About Canon U.S.A., Inc. Must communicate effectively to both external client and internal Canon departments. With approximately $36 billion in global revenue,...
From Canon - Fri, 07 Sep 2018 01:06:56 GMT - View all Milwaukee, WI jobs
          Global Marine Fuel Management Market to Reach Over US$ 6.0 Billion by 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) The global marine fuel management market was valued at approximately US$ 4.0 Bn in 2016 and is projected to expand at a CAGR of over 4.0% from 2017 to 2025, according to a new report published by Transparency Market Research (TMR) titled ‘Marine Fuel Management...
          CAIR Launches ‘Meet-A-Muslim-Monday’ For Introduction & Invitation      Cache   Translate Page      
A young North Texas woman has spent her post 9/11 life trying to convince a shaken nation that the actions of a few should not condemn the billion plus people who peacefully practice Islam.
          Comment on Microsoft Bids $44.6 Billion For Yahoo by Superior Singing Method      Cache   Translate Page      
<strong>Title</strong> [...]just beneath, are several entirely not connected web pages to ours, however, they're surely worth going over[...]
           Google drops out of bidding for massive Pentagon cloud...       Cache   Translate Page      
Google is dropping out of the bidding for a huge Pentagon cloud computing contract that could be worth up to $10 billion, saying the deal would be inconsistent with its principles.
          CADD Technician - Wood - Sheridan, WY      Cache   Translate Page      
We operate in more than 60 countries, employing around 60,000 people, with revenues of over $10 billion. Routine work and communication with Project Team and...
From Wood - Mon, 01 Oct 2018 21:45:20 GMT - View all Sheridan, WY jobs
          Daimler to work with Geely on ride-hailing service in China      Cache   Translate Page      
Daimler is working with its biggest investor to start ride-hailing and car-sharing services in China, taking on industry leader Didi Chuxing on its home turf, according to people familiar with the matter. The German manufacturer is in talks with billionaire Li Shufu’s Zhejiang Geely Holding Group for the set up of a 50-50 joint venture to offer the services, said one of the people, who asked not to be named as the plan is private. The discussions have not been finalised, the people said....
          A lawsuit charges that LaCroix's natural water is full of synthetic ingredients. But the lawsuit looks like a crock.      Cache   Translate Page      

The LaCroix brand of fizzy water came seemingly out of nowhere in the last few years, propelling its parent company to nearly $1 billion in annual sales and tripling its profits to $149.8 million since 2015.

So perhaps it’s natural that the brand would attract hassles, the way noisy parties attract...


          In Pakistan, Learning Chinese Is Cool — And Seen As A Path To Prosperity      Cache   Translate Page      
China's billions in infrastructure investment have led to growing number of Pakistanis eager to learn Mandarin and study in China. Beijing is giving thousands of scholarships to Pakistanis.
          Google files appeal of $5 billion EU fine      Cache   Translate Page      
Earlier this year, the European Commission fined Google for its restrictions on Android device makers and network operators.
          In Pakistan, Learning Chinese Is Cool — And Seen As A Path To Prosperity      Cache   Translate Page      
China's billions in infrastructure investment have led to growing number of Pakistanis eager to learn Mandarin and study in China. Beijing is giving thousands of scholarships to Pakistanis.
          JPMorgan wins fight against indictment in French tax probe      Cache   Translate Page      

JPMorgan Chase & Co. won a decisive ruling at France’s top court in its bid to strike down an indictment that ordered the bank to stand trial for helping clients commit tax fraud more than a decade ago.

France’s Cour de Cassation ruled last month that a lower court should have thrown out the 2016 indictment after finding that investigators didn’t follow the proper procedures when they interrogated and charged the bank’s Paris unit in 2015.

When the lower court “concludes that a procedural act is invalid, all documents based on that faulty act must consequently be canceled,” the top court said. The actual reversal of the order to stand trial, however, will have to be formally decided by the Versailles court of appeals in the coming months as the Cour de Cassation ruled only on whether French law was properly interpreted.

The top court ruling comes as one of France’s most far-reaching tax trials kicked off Monday. UBS Group AG potentially faces billions of euros in fines as it stands accused of deploying tactics “worthy of James Bond” to encourage rich French residents to stash undeclared cash outside of the country. The two cases are part of a French crackdown on tax fraud that’s seen the conviction of a former minister and a 300 million-euro ($345 million) settlement with HSBC Holdings Plc last year.

In the case concerning JPMorgan, the bank was indicted almost two years ago after French investigators accused it of helping the former chief executive officer of Wendel SA, Jean-Bernard Lafonta, and other managers at the French firm commit tax fraud. Plagued by procedural issues since then, the case hasn’t hit the courts yet and last month’s ruling suggests authorities may have to consider pushing ahead by hosting a trial without the lender.

While the current order for JPMorgan to be tried will most likely be dismissed by the lower court, the bank isn’t completely off the hook. French investigators could reopen the investigation and re-indict the bank. But any such process would take months or years to complete.

Thierry Marembert, a JPMorgan lawyer, declined to comment as did representatives for the bank. France’s financial prosecutor, the Parquet National Financier, didn’t immediately respond to requests for comment on the Cour de Cassation’s decision.

Lafonta, who quit in March 2009 after a dispute among family members who control Wendel, allegedly dodged taxes on 2007 income of 116.3 million euros. About a dozen other executives have also been targeted in the probe and JPMorgan was accused of knowingly helping them set up a scheme to skip the taxes.

The latest Cour de Cassation decision comes after it was determined last year that the French lead investigator who questioned and subsequently charged the bank wrongly omitted to specify in the minutes of the interrogation that the lender was read its rights, including the right to remain silent.


          City entertainment industry hooked on state tax break      Cache   Translate Page      

Back in 2004, New York debuted a $25 million tax credit for TV shows and movies produced on soundstages in the state. The program has since morphed into a $420 million incentive that's the largest in the nation and one the industry says it can't live without.

"The tax credit is the engine that moves the machine," John Battista, Executive Vice President of York Studios in the Bronx said Tuesday at Crain's Entertainment Summit.

The President of Kaufman Astoria Studios, Hal Rosenbluth, echoed that sentiment, pointing to industry estimates that up to 80% of film and TV productions would leave the city if the tax break were done away with—something the legislature threatens to do from time to time.

"This industry will only be as successful as political leaders will allow it to be," Rosenbluth said.

Indeed, the tax credit is so popular that this year's allocation was used up by April 2017, according to the Citizens Budget Commission, which calculated the program cost the state $4.5 billion since inception. The commission, along with the Empire Center for Public Policy, has long opposed the credit on the grounds that the costs aren't commensurate with the rewards. Even actress Cynthia Nixon said she opposed the tax break during her campaign for governor.

But the booming movie biz clearly has economic upside. The Empire State Development Corp. reports that film and TV productions have spent some $22.7 billion and enlisted 1.4 million new hires since 2011. A report for the state by consulting firm Camoin Associates found that the tax credit itself helped generate 34,000 "direct" jobs across and about the same number of indirect ones in 2017 alone.

The credit offers producers refunds for up to 30% on all "below the line" costs, such as salaries for set-builders and sound engineers. Costs for hiring actors, screenwriters or directors aren't eligible. A typical show or movie can save 18% on production expenditures under the program, which ensures a steady stream of work for the likes of Kaufman Astoria Studios, Silvercup Studios and Steiner Studios.

Understandably, these companies are keen on keeping the tax break going. But they're not the only interested parties. Teamsters Local 817, which represents behind-the-camera workers including drivers, location workers and casting professionals, is also a big supporter. So is the de Blasio administration. Indeed, so many films and shows are being shot on the streets of New York at any given time that the Mayor's Office of Media and Entertainment limits how often the most popular neighborhoods can be used for film shoots, Commissioner Julie Menin said Tuesday.

Perhaps most importantly, Gov. Andrew Cuomo is a big champion of the film and TV tax credit, which he sees as an economic development tool for upstate. The tax break was most recently extended by the legislature in 2017 and is set to run until 2022.


          Manhattan-based food shipment service scores major investment      Cache   Translate Page      

Private equity fund Enlightened Hospitality Investments, which restaurateur Danny Meyer helped launch, has invested $15 million in Goldbelly, a Manhattan startup that ships items from outlets including bakeries and delis. []


          CareMount moves into Manhattan, adding Murray Hill practice      Cache   Translate Page      

Murray Hill Medical Group, which has more than 40 physicians in Manhattan, has agreed to join CareMount Medical, giving the Chappaqua-based group practice its first locations in New York City.

Founded in 1992, Murray Hill's main office is at 317 East 34th St. and houses 14 specialties. It also has a gastroenterology and cardiology procedure site on East 37th Street.

"As we continue to grow, its important we have a connection to the city when our patients are down in the city working," said Dr. Scott Hayworth, CareMount's president and CEO. "Likewise, when Murray Hill residents move out of the city, we're here for them as well."

Manhattan marks the sixth county for CareMount, which has more than 40 locations and 550,000 patients in Columbia, Dutchess, Putnam, Ulster and Westchester counties.

As Manhattan's major medical centers open offices in the suburbs, Hudson Valley medical groups are laying claim to parts of Manhattan. Westmed Medical Group has offices on Park Avenue and on East 88th Street, and Crystal Run Healthcare has locations on East 71st and East 76th streets.

Murray Hill, which sees more than 140,000 patients annually, ultimately chose 560-provider CareMount over other bidders, including health systems.

"What we saw in them was basically a larger version of ourselves," Dr. Rajiv Kinkhabwala, president of Murray Hill, said. "We're both independent, physician-born-and-bred practices."

Hayworth said Murray Hill's physician-owners would become shareholders of CareMount Medical.

Crain's reported in July that CareMount would take on financial risk for Medicare Advantage patients covered by Aetna and Empire BlueCross BlueShield next year.

Preparing to enter value-based contracts was a major factor in Murray Hill's decision to join a larger medical group, which it considered for two to three years, Kinkhabwala said.

"Even as a 40-provider group in Manhattan, we found us to be on the small side to take the next step in terms of providing value-based care," he said. He cited the cost of IT systems and personnel needed to track and manage the cost of patient care.

The Murray Hill practices employ more than 100 people. Staff members will be asked to interview for open positions, according to CareMount. The deal will be effective Jan. 1. 

CareMount has affiliations with Mount Sinai Health System and Massachusetts General Hospital. Hayworth said Murray Hill will continue its long-term relationship with NYU Langone Medical Center and will admit its patients there. Many of Murray Hill's physicians were trained at NYU Langone, including some who served as chief residents at the hospital.

Hayworth said that CareMount would add doctors to fill additional specialties in Manhattan, such as general surgery, orthopedics and hematology/oncology.

"The long-term plan is to plug in the holes and make sure we have everything we need in Manhattan," Hayworth said. —Jonathan LaMantia

 

Affinity to shut down Medicare Advantage plans


Bronx-based nonprofit insurer Affinity Health Plan will get out of the Medicare Advantage business by the end of the year, the company confirmed Monday.

Its Medicare plans currently serve about 13,600 recipients, the company said.

The insurer first disclosed it was shutting down its Medicare product line in a filing with the state Department of Labor, noting that 28 employees of its 566 employees would be affected by the closure. Layoffs are scheduled to take place Dec. 31.

"We're entertaining what options we have," said Michael Murphy, president and CEO of Affinity, in an interview.

In any case, the company will not be in the Medicare business in 2019, he said. He said some parties have expressed interest in acquiring the business but declined to give more details.

A spokeswoman at Affinity Health Plan said in an email that that employees were notified on Oct. 1 of the shutdown. "The decision to exit Medicare occurred some time ago as part of Affinity's desire to focus on our core business—serving the most needy populations of New York through primary care," she wrote.

Affinity is currently working with the Centers for Medicare & Medicaid Services on the best way to transition members, possibly to other plans, Murphy said.

This is the second product to be discontinued by Affinity. About a year ago, the state Department of Health told Crain's the insurer would not sell qualified health plans on the New York State of Health marketplace in 2018. At the time, the Health Department said the state marketplace could not certify Affinity because the insurer's cash reserves had fallen below requirements.

Murphy said the cessation of Affinity's Medicare product line was not at the direction of CMS.

Affinity lost $73.6 million on $1.46 billion in revenue in 2016, the most recent year for which financial data are available online. The insurer's Medicaid business accounted for about 75% of its revenue.

"We're not planning any other exits at this point," Murphy said. —Jennifer Henderson

 

UHF report suggests options to stabilize state's indy market


New York largely has fended off the Trump administration's efforts to unwind the Affordable Care Act through existing laws and lawsuits against the federal government, according to a new United Hospital Fund analysis.

But the elimination of the financial penalty for going without insurance in 2019 will test the viability of the state's individual insurance market, according to the report.

It showed New York has the 38th-ranked medical risk profile in the country, indicating the group is sicker than most.

The average monthly premium price in New York's individual market increased 10.5% to $525 in 2017, compared with a U.S. average of $500.

Subsidies are available to people earning up to 400% of the federal poverty level, or $100,400 for a four-person household. A family earning above that would pay more than double for the lowest-cost, or bronze, plan in Manhattan.

UHF offered several options for New York to draw more people into the individual market by making coverage more affordable: The state could start its own reinsurance program to reimburse plans for high-cost members; it could implement a state individual mandate penalty; or it could expand premium subsidies to cover more residents.

"New York has a pretty good track record of defending ACA coverage gains either though regulation or litigation," said Peter Newell, director of UHF's Health Insurance Project and co-author of the report. "Seeing the same sense of urgency to keep the individual market on track would be very positive." —J.L.

 

Church-based programs help reduce blood pressure in black communities


Lifestyle interventions delivered in churches can aid in managing high blood pressure in black communities, according to a study led by NYU School of Medicine researchers and published online today in the journal Circulation: Cardiovascular Quality and Outcomes.

Churches are integral components of black communities nationwide. The study authors hope that faith-based intervention to manage high blood pressure and ward off heart disease will scale to other communities, NYU said.

From 2010 to 2014, the study's researchers collected data from 373 participants who identified as black and belonged to 32 New York City churches, according to NYU. They all reported a diagnosis of high, uncontrolled blood pressure. After six months, participants that received community health-worker intervention at churches saw a net reduction of 5.8 mm Hg in systolic blood pressure—the pressure in blood vessels when the heart beats —compared to the control group that received health education alone. After nine months, the treatment effect persisted, but with reduced significance of 5.2 mm Hg, researchers wrote.

"We think this is very important and should be scaled up," said Dr. Gbenga Ogedegbe, professor of population health and medicine at NYU School of Medicine and the study's lead author. To expand the program it will be important to demonstrate the cost-effectiveness of this type of disease management to insurers, he said.

The study's co-authors were Antoinette Schoenthaler, Mark Butler, and Jessica Forsyth at the Center for Healthful Behavior Change at NYU School of Medicine, Kristie Lancaster at New York University, and William Chaplin at St. John's University.

The National Heart, Lung, and Blood Institute, part of the National Institutes of Health, supported the research. —J.H.

 

AT A GLANCE

PRIVATE EQUITY: Investors have set their sights on orthopedic practices as more surgeries are performed in outpatient practices and the volume of procedures rises, .

CARDIAC KIDS: A group of Columbia-trained cardiologists have started Heartbeat, a network of clinics catering to people at risk of heart disease and other chronic conditions, raising $2.5 million from venture capitalists, reported. A proposed rule in the works to implement a federal law would allow the CMS to impose enforcement actions on nursing home staff in cases of elder abuse or other illegal activities. 

TYPHUS OUTBREAK: Los Angeles is experiencing an epidemic of flea-borne typhus cases,


          Cars and trucks park everywhere because the buck stops nowhere      Cache   Translate Page      

Ever wonder why delivery trucks so casually double-park or linger curbside for extended periods, then proudly display the stacks of tickets they collect under their wiper blades? No fewer than 17 violations—including double-parking and overstaying a time limit—carry zero penalty for companies participating in the city's Stipulated Fine Program. Crain's senior reporter Matthew Flamm dcongestion action plan." Meanwhile the city fleet has grown by 20% under his watch and for-hire vehicles have flooded the central business district.

With the tangle of bureaucracy and agendas, cohesive policymaking and enforcement are impossible. The result is an urban Wild West. Even drivers without placards park illegally without repercussions by adorning their car with a pylon, a reflective vest, a helmet, a PBA card—nearly anything.

The other half of the problem is in Albany, where state legislators have lacked the vision and courage to impose congestion fees. They ignore the business leaders and 6 million daily subway riders begging for new trains, signals and tracks but kowtow to motorists who cry poverty while paying $28 to park their SUV in a Midtown garage.

On a bright note, Gov. Andrew Cuomo last week restarted his effort to enact congestion pricing, calling it the only hope to fund subway upgrades that are expected to take 10 years and cost some $40 billion. Passing it might require him to drag lawmakers by the scruff of their neck, but he is capable of that. When the economy is losing billions of dollars to delays above ground and below, only one strategy will do: whatever it takes.


          Morgan Stanley brokers, bankers to get new tech-friendly offices      Cache   Translate Page      

Morgan Stanley is remodeling.

About 1.2 million square feet of office space will get an overhaul in the next 15 months to put technology experts closer to brokers, traders and bankers, the firm’s head of technology, Rob Rooney, said in an interview. After changes to wealth-management operations, trading floors, investment-banking offices and space tied to asset management will all get a remake.

“The workplace needed to be designed around a much more dynamic, millennial kind of workforce,” said Rooney, 51, who stepped into the technology role this year. “We’re trying to attract the next generation of the best and brightest.”

Demolition work in lower Manhattan has already created open floor plans that give more employees views of the Statue of Liberty and Hudson River, a perk previously reserved for senior executives cloistered in their wood-walled offices. Now, glass partitions and interactive whiteboards abound, and the dress code is decidedly more casual.

The first phase represents about 9,000 seats around the world, though the project may expand, Rooney said.

Morgan Stanley’s past technology investments helped make it the biggest stock-trading firm in the world, and Chief Executive Officer James Gorman has said it’s a major priority to replicate that success in bond markets. The bank, which also has a $2.4 trillion wealth-management division, is spending $4 billion annually on the effort, including the building of what it calls “Centers of Excellence” to focus on blockchain, automation and other technologies.

With 18 million transactions a day on the firm’s electronic-trading platform for equities, pushing the efficiency envelope “is kind of challenging the speed of light,” Rooney said. “If you’re an engineer, these are real problems you’re trying to solve.”

In wealth management, where a lot of the initial office changes will roll out, the bank built algorithms and is using machine learning to help more than 15,000 brokers make trade suggestions for clients and handle more routine tasks.

The overhaul is one of Wall Street’s biggest. WeWork Cos. last year began helping UBS Group AG update wealth-management offices in Weehawken, New Jersey. Also in 2017, Goldman Sachs Group Inc. unveiled the largest revamp of its trading hub since 2009, when about 500 asset managers were moved into an open floor plan.

Modernization isn’t optional for a firm like Morgan Stanley, said Ekene Ezulike, global head of corporate services. “The question is how quickly we do it, versus whether we should do it,” he said.

As little as 60% of Morgan Stanley’s work space is occupied at any given time, according to Ezulike, who said the changes will push that rate as high as 90% as options such as desk sharing let more people use fewer seats.

Despite the less stuffy dress code and other updates, Morgan Stanley shouldn’t be confused with a Silicon Valley startup, Rooney said.

“We’re not a technology firm, we’re a bank,” Rooney said. “We don’t sell technology, we sell advice.”

While there’s no kombucha on tap as there is at Goldman Sachs’s revamped San Francisco offices, there are common dining rooms, and the firm hired its first-ever community manager, Fiona Thomas. She helps plan office get-togethers and is overseeing a meditation event that was oversubscribed.

Morgan Stanley’s executives approved the project, called “Workplace Evolution,” in March and some spaces were fully revamped in months, with help from WeWork and the architectural firm Gensler. The first set of changes included offices in New York, Houston, Frankfurt, Chicago, Glasgow, Budapest, London, Mumbai and Bangalore.

The firm’s headquarters in Times Square—which is about 1.3 million square feet—will also see changes, Rooney said. The capital-markets division for the wealth-management unit will be revamped this year. The technology division and back-office functions tied to finance are also being renovated.

“Our traders need to be with our techies,” Rooney said. “You’ll see a very different trading floor in five years time than you see today.”


          Apollo to buy $1 billion in energy investments from GE capital      Cache   Translate Page      

General Electric Co. agreed to sell about $1 billion of equity investments to Apollo Global Management as the downtrodden manufacturer extends a push to slim down and shed finance assets following a surprise CEO change.

The portfolio includes about 20 investments in renewable energy and other U.S. power assets held by the energy financial services unit of GE Capital, the companies said Monday in a joint statement. Financial details of the transaction, including the purchase price, weren’t disclosed.

The deal underscores GE’s efforts to rein in its once-vast finance business and narrow its focus on manufacturing industrial equipment. The Boston-based company, which tapped Larry Culp last week to replace Chief Executive Officer John Flannery, hopes reducing complexity will help it recover from a slump that has wiped out about $100 billion in investor wealth over the past year.

For Apollo, the agreement reflects growing interest in energy investment by private-equity giants, including Blackstone Group and Carlyle Group. Along with energy investments in its general funds, Apollo recently raised $3.5 billion for a natural resources fund.

GE rose 2.9% to $13.56 a share at 10:33 a.m. in New York, getting a lift after Barclays analyst Julian Mitchell upgraded the stock to buy from hold. The shares gained 17% last week after the CEO change was announced, though GE was still down 24% this year through Oct. 5.

Apollo fell 1.1% to $33.45.

Once one of the largest lending firms in the U.S., GE Capital has been whittled down since the financial crisis. Former CEO Jeffrey Immelt sought to exit most markets while keeping only the businesses that supported GE’s manufacturing operations,such as jet leasing and the financing of gas turbines.

While the effort helped GE escape the U.S. government’s “too big to fail” designation, it still left the company with more than $150 billion of assets. Under Flannery, who took the helm in 2017, GE sought to unload even more of GE Capital, including a volatile insurance portfolio and about $25 billion in assets from its energy- and industrial-finance operations.

Culp has yet to lay out his strategy, but Bloomberg reported last week that purpose of the CEO swap was to speed up Flannery’s plan, not to change directions.

The agreement with Apollo “reflects ongoing progress” in the GE Capital strategy, Alec Burger, president of GE Capital, said in the statement.

The transaction, expected to close in the fourth quarter, may not be the last of its kind. GE and Apollo said they “will seek to form an ongoing relationship” to explore energy infrastructure investments in the future.


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          Field Risk Specialist/Floorplan Auditor - Milwaukee, Wisconsin - JM Family - Wisconsin      Cache   Translate Page      
DataScan is part of JM Family Enterprises, a $15 billion diversified automotive company, ranked No. 20 on Forbes’ list of “America’s Largest Private Companies.”...
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          Construction Technology Specialist (WorkSight Solutions Consultant) - John Deere - Grimsby, ON      Cache   Translate Page      
Ability to focus on the customer and provide a high level of service. There are 7 billion people on this planet....
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          How Disaster Capitalism Has Ruined Puerto Rico      Cache   Translate Page      
And what Cuba can teach the world about going a different route.

Amnesty International’s Secretary General Kumi Naidoo was recently in Puerto Rico. During his trip, Naidoo looked carefully at the aftermath of Hurricane Maria—the Category 4 hurricane in 2017 that tore through the Caribbean. No island in its path was spared, with Dominica’s Prime Minister Roosevelt Skerrit rightly calling the damage “mindboggling.” Puerto Rico, a part of the United States of America, was struck hard, but not much harder than the other islands. Yet, the relief, rehabilitation and recovery on this island have been slow—paralytically slow. Naidoo’s visit to Puerto Rico comes a year after Hurricane Maria and yet, as he wrote, “it is shocking that so many people are forced to live in such a precarious situation; even worse when they are part of one of the richest nations in the world.”

In January 2018, the Canadian journalist Naomi Klein spent a week in Puerto Rico as a guest of Professors Self-Assembled in Solidarity Resistance (PAReS). In 2017, before the hurricane, students at the University of Puerto Rico had gone on strike to defend public education. PAReS was created by some professors as a way to join the student struggle. Puerto Rico, over the course of the past decade, has been locked in a series of impressive battles over the suffocation of its public institutions by its local government and by its imperial overlords in Washington, D.C. (Puerto Rico is a colony of the United States).

During her visit, Naomi Klein visited not only areas hit hard by the storm and by the planned disregard by the state, but also places of imagination that try to create popular relief and reconstruction. These places included Casa Pueblo (Adjuntas), Dalma Cartagena’s Agriculture in Harmony with the Environment project (Orocovis) and the Mutual Aid Project (Mariana). It is here, in these places of experimentation and love, that Naomi Klein finds the antidote to the disaster capitalism that ruins Puerto Rico—ruined it before the hurricane, ruined it just after the hurricane and proceeds to ruin it for the future. Her report—first published in the Intercept—has now been released in the form of a small book by Haymarket Books.

Puerto Rico’s disaster is clear. Here is an island, part of the United States since the U.S. war on the Spanish Empire in 1898, where the people have little democratic control of its institutions and resources. Public finances in the island are a mess—the island is overwhelmed by $120 billion in debt and pension liabilities. Payment of these debts is constitutionally mandated, with debt servicing draining the state government of the ability to move an agenda to benefit the just over three million Puerto Ricans. Half the population could not find work before the hurricane struck, with public facilities killed off as the local government throttled them of funds. No wonder, then, that protests across the island had become a normal feature of life before Hurricane Maria.

One area of concern had been Puerto Rico’s electricity grid. As Naomi Klein reports, a shocking 98 percent of its electricity comes from fossil fuels. Without any local oil, gas or coal, Puerto Rico receives its fuel by ship, the people buying electricity at rates higher than paid for on the U.S. mainland. The imported fossil fuels and a centralized electricity grid left the island vulnerable to the shock of the hurricane. The grid collapsed in the hurricane, electricity not available for months and even now spotty in many places. Desire to privatize the electricity company is at the top of the list of desires by the U.S. government. Naomi Klein’s concept of disaster capitalism is made for this situation—as a disaster strikes, money is to be made by the oligarchy on the disaster, both on the defaulted bonds and on the privatization of public resources.

Disaster Socialism

Naomi Klein reports on the small voices of hope from Puerto Rico—organic farming that was able to feed people even as industrial food could not be distributed, solar panels on the roofs of cultural centers that provided energy for communities with no power for months on end. These little pockets of an alternative are precisely the norm in another island in the Caribbean—Cuba.

Cuba, like Puerto Rico, was struck hard by Hurricanes Irma and Maria, but the situation there was utterly different. Suffocated by the U.S. embargo and penalized by centuries of colonial plunder, Cuba—after the revolution—has struggled to create new pathways for its people. When a hurricane comes, Cuba prepares by moving its vulnerable population to safety and by detaching its already decentralized power system. The devastation is managed, the recovery as swift as possible. It should startle the reader that even though Cuba was hit by the same hurricane, it offered to send medical personnel and electrical workers to help the people of Puerto Rico (as it had offered help to the people of New Orleans after Hurricane Katrina, a storm that also struck Cuba with equal velocity).

Disaster socialism is a key part of Cuba’s landscape. Its people are organized into voluntary units and its infrastructure is decentralized to mirror the decentralization of governance on the island.

Pushed by the blockade (since 1963) and by a deep interest in sections of the Cuban Communist Party in ecological socialism, the Cubans held an ecological conference in 1980, created the National Commission for the Protection of the Environment and the Preservation of Natural Resources and passed Law no. 31 in 1981 to protect the environment. It was based on this current inside Cuba that Fidel Castro made the comment at the 1992 UN Rio Conference on Environment and Development, “Tomorrow will be too late to do what we should have done a long time ago.”

Cuba offers a window into country-wide projects based on the principles of agro-ecology—urban farming with biopesticides, farmers cooperatives, ban on construction of homes in coastal areas, Integrated Neighborhood Transformation Workshops (TTIB) that bring together neighbors who have a range of skills to solve problems for their own area. There are limits placed by the embargo and by history—reliance upon fossil fuels is one, while reliance upon food imports is another. But, in terms of the energy grid, after Hurricane Katrina in 2005, Cuba reformed its entire system, phasing out incandescent bulbs and breaking up the energy grid. Cuba plans to have a quarter of its energy needs from renewable sources in the next decades and hopes to deepen its use of renewable energy in the years to come.

What was experienced in Cuba was also experienced recently when the left-government in Kerala, India, and the socially conscious people of Kerala worked hard against the catastrophic floods that struck the state. At Tricontinental: Institute for Social Research, there is a full dossier on that flood and on the efforts of the left government and of Kerala’s society. The experience in Cuba, in other words, is not cultural—something about the Cuban people. It is structural—something about the benefits of a socialist society and state.

Naomi Klein rightly points out that the Puertopians—the libertarian anti-social capitalists who want to devour the world—seek to turn Puerto Rico into their little paradise. Their vision for Puerto Rico resembles what Cuba was under the control of the U.S. mafia and monopoly capital before the revolution. Their utopia is Cuba, c. 1958. Klein writes of the confrontation between two utopias, that of the Puertopians and that of the agro-ecological forces from Casa Pueblo and Organización Boricuá. But, there is a wider choice—between the savage disaster capitalism pushed by the U.S. government or the socialist experiments in Cuba and Kerala. The former—disaster capitalism—is a vision of states and corporations that drain social energy. The latter—socialism—works alongside social dynamism to create a new world.

This article was produced by Globetrotter, a project of the Independent Media Institute.

 

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          Goldman Sachs has joined George Soros and Steve Cohen in backing an Argentinian mobile banking startup      Cache   Translate Page      

Argentine Argentina flag

  • Ualá, an Argentinian mobile banking startup, has raised $34 million in a new round of funding led by Goldman Sachs's venture unit, along with investors including billionaire George Soros' family office and Point 72 Venture, the early-stage VC firm funded by Steve Cohen.
  • The company - which offers a financial management app and a fee-free prepaid MasterCard - aims to disrupt the traditional retail banking infrastructure, according to Pierpaolo Barbieri, founder and CEO of Ualá.

Goldman Sachs' venture unit is leading a new round of investment in an Argentinian fintech company backed by billionaire investors George Soros and Steven Cohen. 

Ualá, the one-year-old mobile banking startup, raised $34 million in its series B round led by Goldman Sachs Investment Partners, along with existing investors including a private fund managed by Soros Fund Management, Jefferies, the venture arm of Steve Cohen's Point 72, and entrepreneur Kevin Ryan, according to an announcement seen by Business Insider.

Goldman Sachs provided over half of the capital, according to Pierpaolo Barbieri, founder and CEO of Ualá.

The Buenos Aires-based startup offers a personal financial management app that is linked to a prepaid Mastercard, which doesn't charge opening fees, transaction fees, and renewal fees. In the span of one year, the company has issued 400,000 cards, which allow users to top up cellphones, make purchases, and conduct P2P money transfers. 

"Our goal is to replace the traditional retail banking infrastructure with Ualá," Barbieri said.

Over 50% of people in Argentina had never had a card before and are only operating in cash, so the company aims to provide these people financial inclusion by giving them access to financial system, he added.

“Ualá’s product offering reduces both cost and friction, while providing a great consumer experience,” said Christopher Dawe, cohead of Goldman Sachs Investment Partners venture capital & growth equity team. “We are excited by the company’s mission of improving access to critical financial services and look forward to partnering with the Ualá team on their next phase of growth.”

Ualá will tap into the new fund to boost its user growth, expand its headcount, and execute the launch of a credit and savings platforms, according to the announcement.

International appetite in Latin American startups hit a peak last year, with global venture capital investments in the region surpassing $1 billion in 2017 for the first time, according to The Association for Private Capital Investment in Latin America

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          The Tesla of China soars after Tesla's largest outside investor discloses a stake (NIO)      Cache   Translate Page      

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  • Nio shares surged Tuesday after a filing showed that Baillie Gifford & Co, Tesla's largest investor after Elon Musk, has a big stake in the company.
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Shares of Nio, the electric-car maker touted as the Tesla of China, rallied more than 20% in late trading Tuesday on news that Baillie Gifford & Co, Tesla's largest investor after Elon Musk, had a significant position. 

The stock was up by about 7% after the closing bell.

A Tuesday regulatory document revealed that Baillie Gifford & Co owned 85.3 million NIO shares, or an 11% stake in the Chinese car maker, which was worth about $515 million as of the close of trading Monday.

Nio went public in the US last month. Shares priced at $6.26 apiece on September 12, the low end of its range, causing the electric-car maker to fall short of raising the $1.8 billion it had sought. But on the following day, after touching its record low of $5.35, the stock soared 75%, sending its market capitalization above $12 billion. 

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Parliament’s audit committee issued a report on Tuesday outlining five major problems with housing policy in Finland. The committee concluded that policy has been inconsistent while the state has taken a back seat and public costs have been skyrocketing.

The report highlights what the committee sees as the main problems affecting Finnish housing policy and proposes solutions for them. However the list of proposals is no silver bullet that would fix the housing crunch; the recommendations primarily target the next administration with ideas such as a two-year development programme.

Supply and demand mismatch

One of the most intractable issues in Finland’s is the mismatch between supply and demand when it comes to housing stock. Growing urban centres in particular can provide fewer homes than people need but in areas suffering from negative migration, property owners find it difficult to sell their homes.

This situation complicates life for people looking to relocate for work, forcing them to remain in dying regions stuck with a home that they cannot sell, while growth centres suffering a worker shortage can’t recruit employees from far-flung areas.

The audit committee’s proposal to address this issue is to develop a two-year housing programme with long-term goals and strategies for achieving them.

Expensive Helsinki homes, depreciating properties in remote areas

Over the years spending on housing has expanded sharply and an estimated 15 percent of people in Finland don’t earn enough to cover their housing expenses. Some are forced to fill in the gaps with housing subsidies, which sucks more than two billion euros from government coffers each year.

There is a shortage of affordable housing, especially in the Helsinki region, which is aggravating the labour shortage in the area, particularly in the service sector where wages may be low.

State-subsidised rental housing accounted for about seven percent of the annual housing stock in the 2010s. The audit committee noted that in the decades between 1970 and 1990, the proportion of state-backed housing was around 21 percent.

MPs on the committee called for the adoption of a cooperative model for so-called social housing. Applicants would include people who are not able to qualify for market-price homes because of their incomes. The committee recommended that the government introduce this model before the next general election due in April 2019.

Mould-ridden homes an ongoing headache

Although the capital region has seen an uptick in the construction of new housing stock, MPs said that it is still not enough to significantly dent the current housing shortage. Moreover construction projects have been stymied by a lack of suitably-qualified labour, causing contractors to cut corners at the expense of quality. Down the road, this could result in moisture and mould problems.

The committee said that problems related to shoddy workmanship continue to occur despite efforts to address the issue in recent years. It suggested that government commission on a report on householders stranded in what it called a mould trap.

Suburban development a cause for concern

According to experts interviewed by the committee the period between the 1990s and the 2010s has seen uneven development in some suburban areas in terms of declining educational levels and increasing unemployment.

These districts are now home to rising numbers of elderly singles, as fewer families with children and young adults settle there. In addition some suburbs are becoming home to growing numbers of foreign-language groups among whom the unemployment rate is higher than that of the Finnish population, according to the report.

The committee called for heading off the problem of segregation with a planned mix of different kinds of housing and by improving immigrant integration. It also recommended a long-term suburban development programme that would extend across several administrations.

Overhaul for support systems

Every year the state spends a significant amount of money on producing new housing stock as well as paying subsidies directly to households. In 2017, the government paid out some 2.7 billion euros in housing support.

The same problems that affect the broader housing market trouble the state’s housing production programme. There are never enough units in the Helsinki region and at the same time the rest of the country is full of dilapidated empty state-supported rentals located in remote areas.

The number of abandoned state-backed rentals across Finland has doubled since the year 2000 and increased for six consecutive years. At the end of last year, the number of state-supported rentals in the country that stood empty for at least 60 days was 8,800.

Meanwhile housing benefits paid directly to households has skyrocketed in recent years and people are increasingly turning to income support to help pay the rent. The committee called for the next administration to completely overhaul of the entire subsidy system at the same time that the country’s benefits system is reformed.


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The artist had been teasing new music when a follower asked if she'd be going on tour to promote her fourth studio album, Sweetener, or a possible fifth. 

"I think that sounds really nice," Grande replied. "Lots of new materiaaaaal + oldies (the oldies we like). I mean unless y'all wanna hear bang bang again."

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There are 2 billion smallholder farms managing fewer than five acres (PDF). They are growing most of the world’s food, but if you have ever visited China, India or any African country, you will have seen the challenges of their reality: yields aren’t what they used to be; climate change, drought and pesticides are getting stronger; and kids are moving to the city. For these farmers, the difference between a good and a bad crop can mean the difference between survival and starvation for them and their families. With even a modest improvement in productivity, lives can be dramatically impacted.  

It’s not just farmers themselves who have a stake in improving the system. Improving agricultural practices has also become a key political issue in many countries, such as India, where Prime Minister Narendra Modi has vowed to double the income of its 200 million farmers by 2022. The government of Vietnam has pledged incentives to help the country’s farmers remain competitive while managing the ever-growing challenge of climate change.

Politicians today can make these promises because they know they are on the cusp of a tech revolution. Low-cost sensors coupled with the internet have created an industry called IoT, or the internet of things. It’s where your hardware can go online and interface with the internet. Most people know Alexa as one of the most common home solutions; self-driving cars are soon to be in the same league.

So what about self-driving farms? Ones where hundreds of sensors listen to the plants and automate critical parts of the process, helping farmers avoid a locust invasion or tumbling prices at the market. Farming solutions can easily monitor soil temperature, water levels and other critical metrics that can be delivered as simple insights to help farmers understand and respond to environmental conditions with precision never before possible. One step further and farms can eventually plant and manage themselves. It’s not a far-fetched dream.

But, when it comes to putting IoT farming technology into practice, there remains a steep challenge. To date, most of the “smart” farming devices that exist are only accessible to big chemical and food corporations. They are siloed technologies in that the data they collect stays in very specific buckets, not to be shared with humankind, ever. These technologies are prohibitively expensive and complicated to use.

There is a reason why analysts label companies like Monsanto, an agriculture behemoth with revenues of $15 billion a year that was acquired by Bayer this year, the “best internet of things” stock investment. Historically, these corporations have held the power of IoT-assisted farming almost solely in their hands, leaving the world’s small-scale farmers to toil away with the same technology they have used for centuries. Megacorps like Monsanto and Syngenta like the deal because this is where so much revenue comes from: the toil and struggles of the small-hold farmer who must use augmented seeds and pesticides to match those seeds. If they don’t “buy in,” there will be no crop.

Individual solutions are popping up everywhere, from smart drip irrigation to optimal fertilizer use, yet they are continually being developed in silos instead of taking into account all potential interactions. Ninety-nine percent of these companies are built to be sold to tech giants. The founders of these companies see an opportunity to greenwash “environmental advancements” for lucrative commercial opportunities. They don’t care about, nor do they see, the big picture.

At Flux Protocol, a team of passionate dreamers and dedicated doers believe that this state of affairs is finally set to change. By developing MICO, a low-cost, open-hardware platform that connects to any quality analog or digital sensor paired with a data encapsulation standard and an incentivization layer for distributed storage and intelligence, the Flux solution will extend the benefits of smart farming to everyone and unlock a future of abundance for all.

The Problem With IoT Farming

As far as IoT farming goes, we have the technology. What we don’t have is a good way to place it in the hands of the people who need it most.

That’s primarily because the lion’s share of smart device development for the agriculture industry is controlled by large corporations. Their goal — understandably enough to them (not to us) — is to leverage IoT devices to improve yields for their own crops, and those of their partners, including big banks and despots. As a result, smallholder or subsistence farmers are left out of the equation.

Small-hold farmers, the very farmers we are rooting for here at Flux, have yet to realize a direct benefit from the IoT revolution as a whole. Existing IoT and blockchain implementations have mostly been centered around supply chain solutions collecting information only after their products have been harvested and left the farm.

Small individual farmers have benefited relatively little from these supply chain solutions. It’s fairly intuitive to use technology to monitor the inventory of a harvested bushel of fruit. It’s much harder, and more expensive, to acquire and maintain IoT sensors that will continuously collect data from their natural systems, like soil temperature, humidity, carbon sequestration, water retention, etc. With Flux, however, these marginalized farmers are able to comprehensively track the process from seed to harvest, or from calf to bull. Not only do these insights help increase harvest yields and reduce input expenditures, Flux-enabled sensors also aid in verifying organic or grass-fed status, earning the farmer significantly more revenue.

MICO and the Democratization of IoT Farming

MICO-based solutions, which are being developed by the Flux team, promise to change this.

You can think of MICO as the Raspberry Pi or military-grade Arduinos of IoT farming. They are small, flexible and extensible electronic boards that serve a variety of purposes and use cases. With 16 inputs and outputs (IOs) that connect any off-the-shelf analog or digital sensor combined with mesh networking capabilities, MICO-based solutions provide any grower with an opportunity to collect natural data points regardless of their location or the size of their growing operation.

Flux MICO#source%3Dgooglier%2Ecom#https%3A%2F%2Fgooglier%2Ecom%2Fpage%2F%2F10000

By deploying MICO-based devices, farmers can start collecting the exact data points needed to improve their future harvest(s). This could be rainfall levels for a farmer struggling to keep crops irrigated or air temperature for a home grower concerned with optimizing growing conditions in an artificial environment. It could be water salinity levels for an aquafarming site or benchmarking fields for growers trying to determine which part of their land is suitable for the upcoming season.

With a base price of around $25, MICO circuit boards will be affordable for anyone, not just big agricultural companies. As the project evolves, Flux will be creating a number of MICO-based solutions directly aimed at empowering farmers with a variety of different needs.

Developer-Friendly IoT Farming

The power of MICO-based devices goes further than just providing an affordable way to collect natural data. These solutions are just one component of a larger framework that empowers developers to create custom applications that transform natural data into AI-derived insights and value.

Part of that framework is a new data standard that Flux is developing, and which the newly hatched TARA Alliance will be evangelizing to any individual or entity collecting environmental data. By making it easy to share data, the protocol will help farmers build solutions that can help their peers maximize the collective value of the data being captured. On top of its open data standard, the TARA Alliance will promulgate its standard and solutions addressing a wide range of issues that NGOs, governments and academia are seeking to impact.

With this in mind, Flux incentivizes farmers to collect data and build new MICO-based solutions via a native token, FLUX. When collected data is used to produce insights on the platform, the creators of that data will be rewarded in FLUX tokens on a pro-rata basis. Additionally, developers are encouraged to build new applications and solutions on the open market, thanks to bounties hosted on the protocol.

What about farmers or developers who lack the capital to develop novel IoT-assisted farming solutions? Flux has an answer for these people, too. Flux’s Proof of Impact program provides funding to help them get off the ground and further accelerate ecosystem network effects.

In all of these ways, Flux is striving to unlock a future of abundance for everyone. By combining modern IoT farming technology with an incentive to collect data, Flux is positioning our global society to make good on its vision of improving the work of farmers everywhere.


This promoted article originally appeared on Bitcoin Magazine.


          Chinese and US Investors Team Up to Create a Global Crypto Investment Fund      Cache   Translate Page      
Chinese and US Investors Team Up to Create a Global Crypto Investment Fund

The latest crypto investment fund on the block is Dragonfly Ventures, a $100 million traditional venture fund investing only in crypto assets, managed by partners Alexander Pack from Bain Capital Ventures and Bo Feng, founding partner of Ceyuan Ventures.

“We come at crypto as generalist venture capitalists who have been investing in internet technology for decades. With Dragonfly, we have decided to go all-in on crypto, because we believe that crypto is the most interesting tech trend today by far,” said Dragonfly managing partner and Bain Capital advisor Alexander Pack in an interview with Bitcoin Magazine.

“The ability to use technology to redefine fundamental social constructs like money, value, and how value is exchanged across borders, is a once in a century opportunity that could be bigger than the internet,” he added.

Pack has been investing in cryptocurrencies and blockchain businesses for more than four years at various venture capital firms in the U.S. and Asia but wanted to create a fund that was solely for cryptocurrency businesses.

He describes Dragonfly as “a fully unconstrained venture fund for the crypto asset class, investing globally and across all asset types. We even invest significantly in other cryptofunds, as well as make direct investments in tokens and startups.”

Dragonfly has already attracted technology founders and investors from across the U.S. and Asia, including Salil Deshpande (Bain Capital Ventures), Marc Andreessen and Chris Dixon (A16Z), Cyan Banister (Founders Fund) and Olaf Carlson-Wee (Polychain Capital).

A China-U.S. Fund

Headquartered in San Francisco and Beijing, Dragonfly Capital Partners have identified what they see as a new market opportunity in bridging the gap between East and West, investing in crypto businesses across both continents.

Managing partner Bo Feng is a founder of Ceyuan Ventures. In the ‘90s he launched the China business of Robertson Stephens, a high-tech investment bank, and is the largest investor in the exchange OKEx.

“I see a parallel between the Internet boom in the ‘90s and the current cryptocurrency market opportunity. The crypto revolution may be even bigger than the internet and more global,” says Feng.

According to Feng, Dragonfly takes an “ecosystem approach,” investing in fund managers around the world and connecting the top technologists from the West to investing in fund managers around the world, as well as connecting top technologists from the West with the largest crypto companies and user bases in Asia.

Asian investors include Bitmain, OKEx, Neil Shen (head of Sequoia China), Eric Xu (founder of Baidu), Bob Xiaoping Xu (founding partner of Zhenfund), Zhang Tao (chairman and founder of Meituan-Dianping), Bao Fan (founder and CEO of

China Renaissance Bank), Cai Wensheng (founder and chairman of Meitu), Justin Tang (founder and CEO of X Financial, eLong), JP Gan (Qiming Venture Partners), and Annie Xu (head and general manager of Alibaba U.S.).

“We have a unique opportunity to back and bring together the leading participants in the decentralized economy — from fund managers to token project leaders, from Beijing to San Francisco to Berlin,” said Feng.

Part of a Growing Investment Trend

Dragonfly is launching with a portfolio of 20 investments, including tech-driven crypto funds and asset managers, decentralized financial infrastructure such as the cryptocurrency Basis, and foundational protocols such as Spacemesh and Oasis Labs.

A recent report by blockchain research group Diar identified a new trend among investors. While traditional investment in crypto products has doubled and continues to grow, ICOs themselves have lost 70 percent in value.

The Diar report shows that almost $3.9 billion in investments was raised in the first three quarters of 2018, 280 percent of what was raised in 2017. The report also indicates an increase in the number of investment deals — almost twice the number recorded in the previous year.

“We invest in any market condition and actually are investing at a faster pace during this downturn than we anticipated, since in our opinion the quality of projects and founders has never been higher,” said Pack.

Traditional venture capital investments are leveraging the decline in ICOs as the cryptocurrency industry tries to find its bearings amid regulatory shifts and losses across crypto markets, notes the Diar report.

Pack told us that the investment strategy for Dragonfly is based on three principles.

“We have three theses that guide our investment philosophy: that the decentralized economy will take trillion dollar bites out of the centralized economy, that pick-and-shovel tech startups will emerge as bridges between the decentralized and centralized economies, and that crypto assets will one day be the most liquid and traded financial assets in the world,” said Pack.

“Today, large barriers prevent mainstream and institutional users from joining the decentralized economy. We are investing heavily in teams that are breaking down those barriers, such as institutional-grade trading infrastructure and general scaling solutions. We look forward to those launching and gaining traction in the next year,” added Pack.


This article originally appeared on Bitcoin Magazine.


          Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves      Cache   Translate Page      
Bitfinex Solvency

Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question.

The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. In its defense, the company provides links to its public wallet addresses, stating that hearsay in spite of these publicly verifiable records is “perhaps indicative of a targeted campaign based on nothing but fiction.”

“Bitfinex is not insolvent, and a constant stream of Medium articles claiming otherwise is not going to change this. As one of only a very few exchanges operating since 2013, with a small team and low operating costs, we do not entirely understand the arguments that purport to show us to be insolvent without providing any explanation about why.”

Over the weekend, a since-removed Medium post by user ProofofResearch warns readers to exit Bitfinex, alleging that complaints of restricted and frozen withdrawals expose its insolvency. The post goes on to air grievances shared on Reddit regarding these withdrawal issues, and the author accuses r/bitfinex moderators of censoring such posts.

“Both fiat and cryptocurrency withdrawals are functioning as normal. Verified Bitfinex users can freely withdraw Euros, Japanese Yen, Pounds Sterling and U.S. Dollars. Complications continue to exist for us in the domain of fiat transactions, as they do for most cryptocurrency-related organisations,” Bitfinex writes in its post.

To further quell community skepticism, Bitfinex offered block explorer links to its bitcoin, ether and eos cold wallet reserves. Not including fiat holdings, the exchange states that these wallets “represent a small fraction of Bitfinex cryptocurrency holdings.”

Collectively, the wallets hold just over $1.5 billion in assets. The majority of this fortune is accrued in the exchange’s bitcoin wallet, which holds 148,467 BTC worth roughly $989 million at current exchange rates. Its second largest holding, the exchange’s ether wallet contains 1,726,496 ETH (~$395 million), and its eos reserves weigh in at 35,374,975 ($209 million).

Wrestling Against Scrutiny

Bitfinex’s clarifying its financial position comes after news broke last week that one of its former banking partners is looking for a buyer, a development that ProofofResearch argues further points to Bitfinex’s own financial troubles.

Searching for a bailout of sorts, the Puerto Rican Noble Bank is “no longer profitable,” according to a source close to the matter who tipped the news to Bloomberg. With Noble Bank’s cryptocurrency partners reportedly jumping ship, Bitfinex has also severed its relationship with the financial firm, affirming in its blog post that “[stories] and allegations currently circulating mentioning an entity called Noble Bank have no impact on [its] operations, survivability, or solvency.”

Popular stablecoin Tether also terminated its relationship with the bank. Operated by a like CEO in Jan Ludovicus van der Velde, Tether’s and Bitfinex’s operations, purportedly, are intrinsically linked, and the two companies have been long entangled in a conspiracy that charges Tether is not fully backed by U.S. dollar reserves.

An academic report that points to Tether’s artificially inflating bitcoin’s price during the 2017 run-up has only stoked skepticism. Though, an earlier study provides evidence to the contrary, and Tether has produced an in-house attestation overseen by the Freeh Sporkin & Sullivan law firm to clear its name. However, this attestation is not an official audit, something that Tether states is impossible for a company in its position to attain, even as other stablecoin projects have suggested otherwise.








This article originally appeared on Bitcoin Magazine.


          UK's Oldest Crypto Exchange Prepares for Employee Layoffs      Cache   Translate Page      
Coinfloor Layoffs

In what may be a sign that business in the cryptocurrency space is in a winding down phase, U.K.-based bitcoin exchange Coinfloor is bidding adieu to half of its staff.

The company, which claims to be the oldest crypto exchange in London, has roughly 40 employees. More than half of them will be let go, Financial News reported, citing two sources close to the matter. The news broke early today, October 8, 2018.

Coinfloor CEO Obi Nwosu confirmed the layoffs but declined to spell out exactly how many employees would be let go. He told Financial News the staff cuts were a normal response to a changing market environment.

Following the market’s downturn at the beginning of 2018, a lot is changing in the cryptocurrency business. Since the beginning of the year, bitcoin has lost more than half of its value, and regulations across the globe are heating up. China has been taking increased action to clamp down on all things cryptocurrency, and, in the U.S., regulators are starting to get tough with crypto exchanges, unregistered securities dealers and questionable initial coin offerings.

Amidst this shifting landscape, Coinfloor is not the only one to feel the market’s pinch. In September, Jesse Powell, the CEO of San Francisco-based exchange Kraken, said the company was cutting 10 percent of its client services team in a “cost-saving measure,” but denied rumors that the layoffs would amount to any more than that. At the time of publication, Kraken is the 23rd largest exchange by trading volume.

Despite the market downturn, some exchanges continue to paint a rosy picture. Binance boasted that it expected a net profit of $500 million to $1 billion in 2018, according to its chief executive officer. But without seeing the company’s financials, it is hard to get a clear view on the full picture.

Typically, exchanges make a lucrative profit, which is why so many have entered the game as of late. To date, there are 219 crypto exchanges all competing for each other’s business. But if the current market downturn continues, more will likely have to make adjustments or else bow out.

Founded in 2013, Coinfloor was one of the first exchanges onto the scene. Its big pitch early on was that it followed strict know-your-customer (KYC) and anti-money-laundering (AML) procedures to ensure the integrity of its users and traders.

According to its website, the exchange is backed by TransferWise founder Taavet Hinrikus, venture capital firm Passion Capital and Adam Knight, a former managing director at Goldman Sachs and Credit Suisse.


This article originally appeared on Bitcoin Magazine.


          Wilton VC firm closes 12th fund at $432M      Cache   Translate Page      

Commonfund Capital manages $25 billion in assets for some 1,300 institutional clients.

The post Wilton VC firm closes 12th fund at $432M appeared first on Westfair Communications.


          Hurricane Michael puts 57,000 Gulf Coast homes at risk      Cache   Translate Page      
It's forecast to slam into Florida as a Category 3 storm that could result in a price tag of $13.4 billion Reported by CBS News 3 hours ago.
          CNBC: Bill Ackman Places $900 Million Bet on Starbucks      Cache   Translate Page      
William Ackman's activist hedge fund Pershing Square Capital Management has taken a new $900 million position in Starbucks Corp., according to attendees and news reports from a conference where the billionaire investor spoke on Tuesday. Reported by Newsmax 4 hours ago.
          Tech billionaire backs corporate tax to fight homelessness      Cache   Translate Page      
Software mogul wants to hike taxes on big companies to help the thousands living on San Francisco's streets Reported by CBS News 3 hours ago.
          Why More Dictators Are Killing and Abducting Dissidents Abroad      Cache   Translate Page      

In Sheridan Circle on Washington’s Embassy Row lies a small plaque, little noticed by both tourists and locals, marking the spot where a car bomb killed Chilean diplomat-turned-think-tanker Orlando Letelier along with his American co-worker Ronni Moffitt in 1976. Letelier, since leaving Chile, had become a leading critic of Augusto Pinochet’s regime, and declassified documents later showed that the dictator had directly ordered the killing.

A dictatorship killing one of its citizens on the streets of a foreign capital is a brazen act but is by no means unheard of. Social scientists have traditionally defined a state as the entity that controls the use of physical force for domination within a given territory. But states, particularly those of an authoritarian bent, have frequently sought to project violence against dissidents and defectors far beyond their borders. An effective authoritarian state needs its most prominent critics to know that an ice ax in the back is still a possibility, even if they leave.

While it’s not exactly a new phenomenon, as Letelier and numerous other historical cases prove, the killing or abduction of foreign critics by authoritarian regimes appears to be alarmingly normalized today. Also alarming: Some of the countries where these crimes take place seem uninterested in doing anything to stop them.

Last week, Jamal Khashoggi, a prominent Saudi journalist and critic of its ruling royal family living in exile in the United States, visited the Saudi consulate in Istanbul to obtain a document related to his upcoming wedding. He has not been heard from since then, and Turkish officials reportedly believe he was murdered by a special team sent from Saudi Arabia.

Saudi Arabia’s government has been brutal to dissidents and opponents, and technically speaking Khashoggi entered Saudi territory when he went inside the consulate building, but he had apparently been unconcerned, telling friends before his disappearance that he had been treated well during previous visits to Saudi embassies and consulates. His fiancée says he told her not to worry, since “they would not dare attempt anything within Turkey’s borders.”

Then again, perhaps no one should assume they are safe from a government that more or less took the prime minister of Lebanon hostage for several days last year. Ghanem al-Dosary, a London-based Saudi dissident, told the New York Times that Khashoggi’s disappearance was a message from the regime to its critics “that our hands can reach you wherever you are.”

Turkish President Recep Tayyip Erdogan has demanded that the Saudi government prove its claim that Khashoggi walked out of the consulate unharmed. While a reasonable request, this umbrage is somewhat ironic given Turkey’s own pursuit of its critics abroad. Under Erdogan, the Turkish government has launched an aggressive crackdown on supporters of Fethullah Gülen, the influential and controversial cleric it accuses of orchestrating a failed 2016 coup. Thousands of accused Gülenists, including U.S. citizens, have been arrested, and the manhunt has gone global as well. Often, this is a matter of pushing foreign governments to extradite Gülenists back to Turkey, but sometimes the line between arrest and abduction has been blurred. In March, six Gülenists in Kosovo were shipped back to Turkey after being arrested over links to Gülenists schools, but Kosovo’s prime minister said he had not been aware of the operation, and local media dubbed it a “kidnapping.” In July, the government of Mongolia prevented what appeared to be an attempted abduction of a Gülenist school leader. Then there’s Gülen himself: Special counsel Robert Mueller is reportedly looking into allegations, corroborated by former CIA Director James Woolsey, that Turkish officials had met with former U.S. National Security Adviser and unacknowledged Turkey lobbyist Michael Flynn to discuss a plan to abduct the cleric from his compound in Pennsylvania and deliver him back to Turkey. And that’s not to mention the beating of protesters in Washington by Erdogan’s own bodyguards in 2017.

Of course, the most prominent recent attack by an authoritarian government on an exiled critic was the poisoning of former Russian spy Sergei Skripal and his daughter in England in March, an attack that Vladimir Putin’s government has only half-heartedly tried to deny. According to a BuzzFeed investigation last year, U.S. authorities believe that as many as 14 people, including billionaire Boris Berezovsky, whose death had been ruled a suicide in 2013, had been killed by Russian secret services in Britain in recent years. Dozens more opponents of the Putin regime have been killed under suspicious circumstances abroad.

China has also been reaching across borders to pursue its critics. Prominent dissidents have been reportedly abducted from Thailand and sent back to China for detention. As for foreign-residing Uighurs—the Muslim minority that Beijing has recently been repressing in a brutal campaign that’s been dubbed a “cultural genocide”—the authorities’ preferred tactic appears to be threatening their families living within China unless they return home.

Last week also saw the bizarre disappearance and resignation of Meng Hongwei, the Chinese official who led Interpol, in what appeared to be a highly unusual move by a state government against the leader of a major international organization, all the more troubling since the exact charges against Meng have not been made public.

Numerous other examples abound. Two women are currently on trial in Malaysia over the killing—likely in cooperation, willing or not, with North Korean operatives—of Kim Jong-nam, brother of the current North Korean leader. The government of Iran stands accused by French authorities of orchestrating the attempted bombing of a meeting of a prominent exile group in Paris.

The response of the governments of countries where these incidents happen has often been muted—and that’s a problem. The British government’s tepid reaction to the 2006 poisoning of former FSB agent Alexander Litvinenko very well could have led Vladimir Putin to conclude there would be little consequence for pulling the same stunt there again.

Often diplomatic considerations are behind these muted reactions. France, for instance, is unlikely to press its case against Iran too hard, given that it’s currently trying to preserve what’s left of the 2015 nuclear deal.

It’s hard to make those sorts of excuses for President Donald Trump, who has spoken approvingly of how leaders like Putin, Xi Jinping, Kim Jong-un, and Erdogan conduct their business. When Putin suggested allowing Russian investigators to question 11 U.S. citizens he views as enemies, including former Ambassador Michael McFaul, in exchange for “cooperation” in the investigation of 2016 election interference, Trump called it an “incredible offer.” Trump was also reportedly reluctant and angry about the expulsion of Russian diplomats in response to the Skripal poisoning.

After days of silence over the alleged abduction and possible murder of Khashoggi, Trump, who often touts his close relationship with the Saudi royal family, finally acknowledged that there were some “pretty bad stories” going around about the journalist and U.S.
resident’s fate and said, “Hopefully that will sort itself out.” The Saudis are probably not too worried about a fierce U.S. response at this point.

But if we’re going to fault Trump’s rhetoric for contributing to the sense of impunity felt by authoritarian governments, we should also acknowledge Barack Obama’s covert drone campaign in Pakistan, Yemen, and Somalia. This isn’t to draw any moral equivalence between the targeting of members of groups like al-Qaida, the Taliban, and ISIS and the murders and abductions of dissidents and journalists by dictatorships. But the targeted killing of a country’s enemies outside a declared battlefield was once considered exceptional, and the U.S. has helped make it routine.

More disturbing still may be the possibility that state violence is becoming globalized. The human rights community, more often than not, views the world in terms of distinct countries, classifying them as “free” or “unfree.” The much-maligned International Criminal Court is hamstrung by the fact that its jurisdiction is limited to only the countries that accept it.

Once upon a time, it was thought that globalization would undermine authoritarian systems in individual states as economic liberalization and new forms of communications overwhelm their defenses against outside influence. But the influence, of course, ended up going both ways. Today, we live in a world where China’s economic clout influences what classes are taught at U.S. universities and what movies are produced by Hollywood. The same internet that brings Western media into Russia allows the Russian state to influence elections around the world.

Authoritarian states clearly do not feel their authority is limited by state borders. So it’s no surprise they don’t feel their ability to inflict violence is limited either.


          More than half of CT health care systems in the black in 2017      Cache   Translate Page      
Nine of the 16 health systems in Connecticut ended 2017 in the black, according to a report by the state Office of Health Strategy. Collectively, the systems took in about $14.2 billion in the fiscal year that ended on Sept. 30, 2017. After expenses, this left about $580 million -- a 4 percent total margin.
          IPCC Report Reaches Dire Conclusions Based on Models that Overstate Rate of Warming      Cache   Translate Page      

The United Nations’ Intergovernmental Panel on Climate Change (IPCC) released a new report Monday related to the issue of climate change.

Director of CEI’s Center for Energy and Environment Myron Ebell said:

“The IPCC’s report is the latest in a series of dire warnings of tipping points and last chances dating back to the 1980s.  The good news is that the rate of global warming since 1980 is much lower than that predicted by the computer models used by the IPCC.  Unless the rate of warming increases dramatically, the drastic and immediate reductions in greenhouse gas emissions the IPCC claims are necessary to avoid catastrophe will not be needed.

“That’s also good news because there is little evidence that the world is going to start moving away from coal, oil, and natural gas, which provide over 80% of the world’s energy.  While places like the European Union and California are replacing carbon-based fuels with more expensive alternatives, China, Japan, and South Korea are building lots of new coal-fired power plants.  Chinese emissions are now larger than the those of the United States and the European Union combined.  In the Paris climate treaty, China merely promised that its emissions will peak by 2030. If the IPCC is going to convince the world to turn its energy economy upside down, consumers are going to have to be convinced to pay a lot more for energy. That’s going to be a hard sell in developing countries where billions of people are still living in energy poverty.”  

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The United Nations’ Intergovernmental Panel on Climate Change (IPCC) released a new report Monday related to the issue of climate change.

          WA State Troopers Assn. joins foes of gun control I-1639      Cache   Translate Page      

That tremor in the Washington State political landscape was not an earthquake but the announcement by the Washington State Patrol Troopers Association that it is joining with three other major state law enforcement groups to oppose a billionaire-backed gun control measure on the November ballot, Initiative 1639. The Washington State Law Enforcement Firearms Instructors Association, […]

The post WA State Troopers Assn. joins foes of gun control I-1639 appeared first on Conservative Firing Line.


          Educational Robot  Market 2018 – Outlook, Huge Growth, Regional Analysis Till 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) Global Educational Robot Market Analysis According to Verified Market Intelligence, The Global Educational Robot Market was valued at USD 609 Million in 2017 and is projected to reach USD 1.9 Billion by 2025, growing at a CAGR of 13.8% from 2018 to 2025. What...
          Global Silicon Photonics Market Size, Status and Forecast 2018-2025 Market 2018 Growth Rate by Application, Manufacturers and Forecast by 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) According to Verified Market Intelligence, The Global Silicon Photonics market was valued at USD 624.80 Million in 2017 and is projected to reach USD 2.63 Billion by 2025, growing at a CAGR of 19.7% from 2018 to 2025. Silicon photonics mainly comprises devices...
          BFSI Security Market Research, Major Manufacturers, Analysis, Industry Demand by Segmentation and Forecast 2018-2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) The Global BFSI Security Market was valued at USD 30.54 billion in 2016 and is projected to reach USD 73.92 billion by 2025, growing at a CAGR of 10.32% from 2017 to 2025. Banking transactions which are able to be performed over an internet network possess the...
          Airport and Marine Port Security Market Size, Status By Top Manufacturers, Region, Type, Market Trend, Application, Growth Rate, and Future Forecast till 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) The Global Airport and Marine Port Security Market was valued at USD 54.21 billion in 2016 and is projected to reach USD 113.53 billion by 2025, growing at a CAGR of 8.56% from 2017 to 2025. Airports and marine ports are the entrance for the global economy passenger...
          Match Group fires back at Tinder co-founder Sean Rad      Cache   Translate Page      

Match Group on Tuesday responded to Sean Rad and the other founders of dating app Tinder, who sued Match and parent company IAC two months ago for allegedly undervaluing Tinder, thus depriving them of compensation.

The defense: Match, which has always owned Tinder, argues in a new court filing that this is just sour grapes from those who sold their shares too soon and is asking a New York court to dismiss the lawsuit.


Among Match's claims:

  • Rad's argument that Tinder's $3 billion valuation was "fraudulent" is invalid, given that he was intimately involved with the valuation process led by Barclays and Deutsche Bank. For example, Rad, his bankers and his attorneys allegedly participated in at least eight such meetings, including four of them in person.
  • Both Match and Rad underestimated Tinder's future performance, including a new product called Tinder Gold. For example, Rad's higher estimate for 2018 revenue was $503 million, whereas Tinder is actually on track for around $800 million.
  • Rad chose to sell his Match Group shares, netting around $400 million, while his co-plaintiffs did the same. Had they believed Tinder would outperform, Match argues, they would have held onto their stock and reaped the benefits (Match shares are up more than 60% year to date).
  • The challenge is being brought too late, as there is a 90-day window in New York for challenging arbitration and appraisal awards.

Some of the original plaintiffs dropped out of the lawsuit several weeks after it was filed. Among them was Rosette Pambakian, former Tinder VP of marketing and communications, who alleged sexual harassment against former Match Group CEO and Chairman Greg Blatt.

Match's request for dismissal does not address the harassment allegations, which it has previously denied.

Correction: The story has been corrected to show that Greg Blatt is no longer at Match Group.


          Customer Service Associate (incl delivery and warehouse), Regina, SK - Sherwin-Williams - Regina, SK      Cache   Translate Page      
WELCOME TO SHERWIN-WILLIAMS Sherwin-Williams is the largest coatings company in North America, and the third largest in the world. With $11 billion in sales,...
From Sherwin-Williams - Wed, 15 Aug 2018 21:43:47 GMT - View all Regina, SK jobs
          Sales Associate 1456 - Sherwin-Williams - Chicoutimi, QC      Cache   Translate Page      
Welcome to Sherwin-Williams Sherwin-Williams is the largest coatings company in North America, and the third largest in the world. With $11 billion in sales,...
From Sherwin-Williams - Fri, 28 Sep 2018 16:02:30 GMT - View all Chicoutimi, QC jobs
          Assistant Sales Trainee Manager 8835 - Sherwin-Williams - Québec City, QC      Cache   Translate Page      
WELCOME TO SHERWIN-WILLIAMS Sherwin-Williams is the largest paints and coatings company in the world. With $15.8 billion in sales, more than 4,100 stores,...
From Sherwin-Williams - Thu, 23 Aug 2018 15:46:56 GMT - View all Québec City, QC jobs
          Sales Associate 8524 - Sherwin-Williams - Québec City, QC      Cache   Translate Page      
Welcome to Sherwin-Williams Sherwin-Williams is the largest coatings company in North America, and the third largest in the world. With $11 billion in sales,...
From Sherwin-Williams - Tue, 07 Aug 2018 15:46:53 GMT - View all Québec City, QC jobs
          Sales Associate 8946 - Sherwin-Williams - L'Ancienne-Lorette, QC      Cache   Translate Page      
Welcome to Sherwin-Williams Sherwin-Williams is the largest coatings company in North America, and the third largest in the world. With $11 billion in sales,...
From Sherwin-Williams - Thu, 13 Sep 2018 15:47:31 GMT - View all L'Ancienne-Lorette, QC jobs
          Assistant Sales Trainee Manager 8946 - Sherwin-Williams - L'Ancienne-Lorette, QC      Cache   Translate Page      
WELCOME TO SHERWIN-WILLIAMS Sherwin-Williams is the largest paints and coatings company in the world. With $15.8 billion in sales, more than 4,100 stores,...
From Sherwin-Williams - Fri, 07 Sep 2018 15:44:20 GMT - View all L'Ancienne-Lorette, QC jobs
          Sales Associate 8786 - Sherwin-Williams - Lévis, QC      Cache   Translate Page      
Welcome to Sherwin-Williams Sherwin-Williams is the largest coatings company in North America, and the third largest in the world. With $11 billion in sales,...
From Sherwin-Williams - Fri, 28 Sep 2018 16:02:30 GMT - View all Lévis, QC jobs
          Sales Associate 8775 - Sherwin-Williams - Trois-Rivières, QC      Cache   Translate Page      
Welcome to Sherwin-Williams Sherwin-Williams is the largest coatings company in North America, and the third largest in the world. With $11 billion in sales,...
From Sherwin-Williams - Tue, 25 Sep 2018 15:49:22 GMT - View all Trois-Rivières, QC jobs
          Sales Associate 8791 - Sherwin-Williams - Saint-Jérôme, QC      Cache   Translate Page      
Welcome to Sherwin-Williams Sherwin-Williams is the largest coatings company in North America, and the third largest in the world. With $11 billion in sales,...
From Sherwin-Williams - Tue, 25 Sep 2018 21:46:54 GMT - View all Saint-Jérôme, QC jobs
          Sales Associate 8793 - Sherwin-Williams - Mascouche, QC      Cache   Translate Page      
Welcome to Sherwin-Williams Sherwin-Williams is the largest coatings company in North America, and the third largest in the world. With $11 billion in sales,...
From Sherwin-Williams - Tue, 25 Sep 2018 21:46:56 GMT - View all Mascouche, QC jobs
          Sales Associate 8827 - Sherwin-Williams - Sainte-Thérèse, QC      Cache   Translate Page      
Welcome to Sherwin-Williams Sherwin-Williams is the largest coatings company in North America, and the third largest in the world. With $11 billion in sales,...
From Sherwin-Williams - Thu, 13 Sep 2018 21:47:28 GMT - View all Sainte-Thérèse, QC jobs
          Sales Coordinator 8712 - Sherwin-Williams - Anjou, QC      Cache   Translate Page      
Welcome to Sherwin-Williams Sherwin-Williams is the largest coatings company in North America, and the third largest in the world. With $11 billion in sales, 4...
From Sherwin-Williams - Sat, 22 Sep 2018 09:45:11 GMT - View all Anjou, QC jobs
          Sjóðsstjórinn sem gerir sem minnst      Cache   Translate Page      
„Ég heiti Steve Edmundson og er sjóðstjóri lífeyrissjóðs opinberra starfsmanna í Nevada,“ segir Steve Edmundsson. Það mætti kannski segja að Steve þessi sé nægjusamur maður. Hann býr í hjólhýsahverfi, í 50 fermetra smáhýsi, með eiginkonu sinni og hundinum Bókar. Og hvað kemur það okkur við? Jú, það vill nefnilega þannig til að sjóðurinn sem Steve Edmundson stýrir er einn og sér svona nokkurn veginn jafn stór og allt íslenska lífeyrissjóðakerfið til samans. Nema hvað, á Íslandi eru sjóðirnir vel yfir tuttugu. „Nevada PERS is currently 41.2 billion dollars,“ segir hann. Sem eru hátt í 4.300 milljarðar króna, miðað við meðalgengi Bandaríkjadals á þessu ári . Heildareignir íslenskra lífeyrissjóða í lok síðasta árs voru rétt rúmlega 4.100 milljarðar. Einfaldur og lítill sjóður „We’ve always been known as the simple fund. We pay the lowest investment fees in the industry. We have the fewest employees. I’m the only investment employee here at NevadaPERS,“ segir hann. Steve heldur sem sagt einn og sjálfur utan um allar fjárfestingar lífeyrissjóðsins. Samt sem áður hefur honum tekist að ávaxta eignir hans betur en heilu herdeildum fjárfesta hjá öðrum lífeyrissjóðum. Hver er galdurinn? „Keep fees low. Keep it simple. Fewer moving parts. We invest in high quality assets and we’re going to do it over extended market cycles. And we’re going to implement that simple approach with absolute discipline.“ Steve er reyndar þekktur í fjármálaheiminum fyrir að vera maðurinn sem mætir í vinnuna og leggur sig síðan fram um að gera sem allra minnst. Því einmitt í því felist sjálf vinnan. Hann reynir til dæmis frekar að fara út að hlaupa en að gera hvatvísar breytingar á eignasafninu. Öfugt við íslensku leiðina Það verður seint sagt um íslenska lífeyrissjóði að fjárfestingastefna þeirra byggist á sem mestu aðgerðaleysi. Íslenskir lífeyrissjóðir tóku virkan þátt í uppbyggingu atvinnulífsins eftir hrun, enda fáir sjóðir jafn digrir í landinu og einmitt lífeyrissjóðirnir. Tveimur árum fyrir hrun áttu þeir 6% allra skráðra hlutabréfa í landinu en 41% áratug síðar. Á sama tíma fór skuldabréfaeign þeirra úr 41 prósenti í 71. Á tæpum áratug innan fjármálahafta keyptu lífeyrissjóðirnir svo gott sem allt sem þeir gátu keypt innanlands. Áhætta allt í kring Steve er fæddur og uppalinn í Nevada, heimaríki fjárhættuspila, en er fjarri því að vera manngerðin sem fer óvarlega með peninga. Hann mætir yfirleitt með tvö nestisbox í vinnuna; annað undir morgunmatinn, hitt undir hádegismatinn. Segja má að hann hafi með nægjuseminni skapað sér goðsagnakennt orðspor innan fjármálaheimsins, sem stundum einkennist af hinu gagnstæða. Það er um hálftíma akstur úr hjólhýsahverfinu til Carson-borgar, þar sem skrifstofur lífeyrissjóðsins eru. Leið sem Steve ekur tvisvar á dag, fimm daga vikunnar, á 13 ára gömlum Honda Element, eknum langleiðina til tunglsins. Breytti um kúrs þegar hann mætti Steve tók við sem fjárfestingastjóri Lífeyrissjóðs opinberra starfsmanna í Nevada fyrir sex árum og réðst strax í breytingar. „Since I’ve been here at Nevada PERS we’ve cut out all active management in the fund,“ segir hann. Fram að því hafði stór hluti eigna lífeyrissjóðsins verið bundinn í hlutabréfasöfnum sem áttu að geta náð forskoti á markaði. En Steve tók sig til og sagði tíu fjárfestingaráðgjöfum af 19 upp og færði allar eignir lífeyrissjóðsins yfir í vísitölusjóði. Það þýðir á mannamáli að í staðinn fyrir að halda áfram að borga þessum tilteknu fjármálasérfræðingum þóknanir og laun fyrir að segja honum í hverju hann ætti að fjárfesta, setti Steve peningana frekar í einfaldar langtímafjárfestingar. „So I kind of took it from 90% simple to a 100% simple,“ segir hann og bætir við: „Which along with that come very low fees.“ Með þessu móti segir Steve að hann spari um 150 milljónir dala á ári, eða hátt í 16 milljarða. Og að eftirlaunaþega Nevada muni um minna. „We want every dollar available in the investment program to generate compound interest for the benefit of our members and beneficiaries. And so rather than paying those dollars out in fees we want those dollars to stay in the investment program,“ segir Steve. Enn ódýrara en hér Rekstrarkostnaður íslenska lífeyriskerfisins er reyndar ekki sérstaklega hár í alþjóðlegum samanburði. Það kostar innan við fjórðung af einu prósenti, af öllum eignum sjóðanna að reka þá á ári. En fjórðungur af prósenti af 4.100 milljörðum eru reyndar heilmiklir peningar.   Rétt er að taka fram að þarna eru fjárfestingagjöld ekki meðtalin. En það eru einmitt fjármunirnir sem Steve er að spara með fjárfestingastefnu sinni. Þar fyrir utan er rekstrarkostnaður Nevada PERS helmingi lægri en íslensku sjóðanna, þótt hann sé lágur, eða 0.12% af heildareignum. Á undanförnum árum hafa heyrst gagnrýnisraddir um að yfirbygging íslenska lífeyrissjóðakerfisins sé of mikil. Að of margir séu á of mörgum skrifstofum á of háum launum við að stýra þeim og reka. Ragnar Þór Ingólfsson, formaður VR, hefur átt eina af þessum röddum. „Fjórtán stærstu lífeyrissjóðirnir eru með uppgefinn og viðurkenndan 13,7 milljarða rekstrarkostnað með fjárfestingagjöldum á síðusta ári,“ sagði hann í Kastljósi í ágúst á síðasta ári. „Þetta er allt of mikil yfirbygging.“ Við spyrjum Steve hvort hann haldi að fleiri sérfræðingar og hærri fjárfestingagjöld myndu skila sér í betri ávöxtun.   „Ég held að það sé mögulegt, en ég held að það sé ólíklegt. ,“ svarar hann. „I’m confident in my ability to be a disciplined investor. I’m not a 100% confident that I can predict what’s going to happen two weeks down the road.“ Pressan líka til staðar í Nevada Í gegnum tíðina hefur reglulega skapast mikill þrýstingur á lífeyrissjóðina að fjármagna ýmiskonar verkefni með samfélagslega hagsmuni að leiðarljósi. Eins og til dæmis að byggja hjúkrunarheimili, að fjárfesta í atvinnutækifærum í heimabyggð og fleira. Svo er það auðvitað hagur þeirra sem starfa við fjárfestingar lífeyrissjóðanna – að þeir séu einmitt virkir í fjárfestingum. „Well, there’s certainly pressure. Anytime you’re responsible for 41.2 billion dollars. Outside forces? There’s always going to be people who think you should do it differently. It might be an asset manager. I might say, Hey listen, we’re going to get rid of active management. Well those managers that are involved in, their job is to do active management. Well, they’re not going to be particularly happy with that decision,“ segir hann. Hefur gengið vel Aðspurður segir Steve að ávöxtun sjóðsins hafi verið góð. „Returns have been strong, but that’s largely due to financial markets having been strong. So last year, the previous fiscal year, our returns were 11,9 prósent,“ segir hann. „We’re fortunate that returns have been strong, really, over extended time periods as well so going back 34 years, which is the inception of our fund, our annualized return, kind of the average return over all those years is about 9.3%.“ „So, I would say that it’s been successful. And that’s kind of the, I guess the proof stamp on our simple approach. Because the question is, alright well you have one employee and you don’t pay any fees, well that’s great but what have the results been like? And our results have been competitive relative to more complex portfolios.“ Leyndarmálið einfalt Það liggur beint við að spyrja hvert leyndmárlið að velgengninni sé. „I wish that it was fancier. But really it isn’t. It’s as simple as we’ve been disciplined. And we’ve stuck with this approach for very long time periods. We’ve stuck with this approach when the environment isn’t necessary a good environment for that approach. Öfugt við þá sem leggja áherslu á virka sjóðastjórnun reynir Steve að láta sér fátt um finnast þegar fjármálamarkaðir taka byltur. Hann vinnur yfirleitt ekki utan hefðbundins vinnutíma, frá átta til fimm, og missir ekki svefn þótt sitthvað gangi á. „It’s easy to get diverted into thinking that changing is always a good thing. For an investment program that’s designed for 30, 40, 50 years it really shouldn’t be changed all that often,“ segir Steve. „Public pensions or pension funds, conceptually, should be among the longest time horizon investors in the market. And it’s easy to forget about that in a world where we live in a 24-hour news cycle and constant news in terms of what happening in the financial markets.“ „The important thing for a 30-year investment program is to implement that over the entirety of the 30 years and not worry about what happens next week in the financial markets. But when you are living through it, it’s easier said than done.“ Er það þá satt að góður dagur í vinnunni sé dagur þegar þú gerir nánast ekki neitt? Eða mjög lítið? „Well, I get asked that question a lot. Well, you are the fund that does nothing. But doing nothing is harder than it sounds,“ segir hann. „But in terms of making changes to the portfolio, it’s definitely a good day if we haven’t done anything.“ Af hverju gera þetta ekki allir? Í umfjöllun um Steve og velgengni hans hefur stundum verið látið að því liggja að hann sé eini starfsmaður lífeyrissjóðsins, sem stemmir reyndar ekki alveg. Hið rétta er að hann er eini starfsmaðurinn sem hefur með fjárfestingar að gera, sem er vissulega óvenjulegt. Fyrir utan Steve vinna rúmlega 70 manns önnur störf fyrir sjóðinn. Til samanburðar má nefna að meira en þrefalt fleiri vinna hjá íslenskum lífeyrissjóðum, þótt þeir séu í heild smærri en þessi eini sjóður. Hvað finnst þér um þá mynd sem er dreginn upp af þér og sjóðnum, að þið séuð sjóðurinn sem geri ekki neitt? „If that’s the way that people will perceive us from the outside I’m certainly happy to be that fund. And again, I believe that really, we should not be making changes that often. So, if we’re the fund that does nothing, well, I’ll take that. That’s ok,“ segir hann. En af hverju eru þá ekki allir að gera það sem þið eruð að gera? „Well, what works here in Nevada doesn’t necessarily work other places. It works for us. And the trick is ultimately finding the right balance. Whatever that approach is can certainly work but if you abandon it at the wrong time then it doesn’t matter how smart the approach is, it’s not going to work,“ segir Steve. Erfitt að bera saman Íslenska lífeyrissjóðakerfið er samsett úr 24 sjóðum sem samtals eru álíka stórir og þessi eini sjóður sem Steve fjárfestir fyrir. Hann segist ekki geta gefið álit á þeirri stöðu. „You know, again, I really couldn’t because I don’t totally understand what that structure looks like,“ segir Steve. „There might very well be a very good reason why there’s 24 separate funds in Iceland. I kind of have my hands full here in Nevada, so I spend all my time thinking about what happens in Nevada. But I have zero information about what happens in Iceland.“ „Engir bónusar hér í Nevada“ Eitt af því sem gagnrýnt hefur verið við íslenska kerfið eru laun stjórnenda. „Það getur ekki verið nein hagkvæmni í því þegar við erum með yfirbyggingu á íslenska lífeyrissjóðakerfinu þar sem að lykilstjórnendur og stjórnarmenn voru með í launagreiðslur 940 milljónur á síðasta ári,“ sagði Ragnar Þór til dæmis í fyrrnefndu Kastljósviðtali. En hvað ætli Steve fái greitt? „Á síðasti ári þénaði ég 145 þúsund dollara,“ svarar hann. Það er ígildi mánaðarlauna upp á eina komma þrjár milljónir króna eða rúmar 15 milljónir á ári. „If I wanted to make more money I would go someplace else and do that,“ segir Steve um kjörin. „So, lucurious no, but we feel pretty good about what we do.“ Það eru heldir engir bónusar sem toga launin upp. „Nei, engir bónusar hér í Nevada.“ Það er þó ekki að sjá að hann sé óánægður í starfi. „What more can you ask for then getting to do something that I enjoy doing, which is finance and doing it for something that I believe in which is the public employees of Nevada,“ segir Steve. „There’s never a day that I come into the office and I’m not excited about what I do. Even though it’s a day where you do nothing? Well some days are more challenging than others and some days there’s going to be challenges and even on the boring days I enjoy what I do.“  
          Netflix Buys New Mexico Production Hub: Why Hollywood Is Sinking Billions Into Albuquerque      Cache   Translate Page      
Did Netflix just disrupt every other studio from shooting in Albuquerque? Four big takeaways from yesterday's deal.
          10/10/2018: National News: Government surplus of $5.5b      Cache   Translate Page      
A thriving economy and some delayed spending has sent the surplus up to $5.5 billion, high enough that the Government has already met its debt target for 2022. Treasury released the financial statements for the year to July yesterday, showing exactly...
          10/10/2018: World: Oligarch’s US assets seized in FBI sanctions crackdown      Cache   Translate Page      
The FBI has reportedly frozen the US assets of Oleg Deripaska, the Russian oligarch, in a continued crackdown on Vladimir Putin’s allies. The industrialist, worth an estimated US$3.3 billion (NZ$5.1b), was placed on a list of individuals sanctioned by...
          Public Safety and Security Market - Latest Trends and Future Growth Study 2018 – 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) Global Public Safety and Security Market Analysis According to Verified Market Intelligence, The Global Public Safety and Security Market was valued at USD 307.8 Billion in 2017 and is projected to reach USD 767.6 Billion by 2025, growing at a CAGR of 14.3% from...
          Westmoreland Coal - Owner Of 3 Montana Mines - Files For Bankruptcy      Cache   Translate Page      
Westmoreland Coal Company , the Colorado-based owner of three coal mines in Montana, filed for Chapter 11 bankruptcy protection in federal court on Tuesday. Westmoreland owns the Rosebud Mine, which supplies Colstrip's power plants, the Absaloka Mine, on the Crow Indian Reservation, and a third, smaller mine near the North Dakota border. Company officials say the filing is part of a restructuring agreement with an unnamed group of lenders to deal with steep debt and declining world demand. In Montana, demand for coal from the Rosebud mine is expected to drop when two of the four units of the Colstrip power plant cease operations by 2022. The Absaloka mine has already seen demand drop. Company officials say operations won't be interrupted and there are no expected staff reductions. Court filings show the company has $770 million in assets and $1.4 billion in debt. Westmoreland is one of the oldest coal companies in the U.S. with coal mines operating in six states.
          Associate, Investor Relations - Brookfield Asset Management - Toronto, ON      Cache   Translate Page      
Brookfield is publicly listed on the NYSE, TSX and Euronext Amsterdam. Brookfield is a global alternative asset manager with approximately $285 billion in...
From Brookfield Asset Management - Thu, 23 Aug 2018 21:39:18 GMT - View all Toronto, ON jobs
          Corporate Accountant - Brookfield Asset Management - Toronto, ON      Cache   Translate Page      
Brookfield is publicly listed on the NYSE, TSX and Euronext Amsterdam. Brookfield is a global alternative asset manager with $285 billion in assets under...
From Brookfield Asset Management - Thu, 30 Aug 2018 15:39:41 GMT - View all Toronto, ON jobs
          Manager, Fund Finance - Brookfield Asset Management - Toronto, ON      Cache   Translate Page      
Brookfield is publicly listed on the NYSE, TSX and Euronext Amsterdam. Brookfield is a global alternative asset manager with approximately $285 billion in...
From Brookfield Asset Management - Wed, 19 Sep 2018 15:43:25 GMT - View all Toronto, ON jobs
          Project Manager - WatServ - North York, ON      Cache   Translate Page      
WatServ is owned by Brookfield Asset Management, a leading global alternative asset manager with approximately $285 billion of assets under management....
From Indeed - Tue, 09 Oct 2018 20:12:21 GMT - View all North York, ON jobs
          Ricardo Salinas Pliego Net Worth      Cache   Translate Page      

Mexican businessman Ricardo Salinas Pliego has an estimated net worth of $9.9 billion. Based on Forbes.com, he is #111 around the World Billionaires List (#37 in 2012). Then he earned his MBA from Tulane University. He succeeded his father as the CEO of Grupo Elektra in 1987. The business was established in 1906 and was …

The post Ricardo Salinas Pliego Net Worth appeared first on Celebrity Net Worth.


          Leonard Lauder Net Worth      Cache   Translate Page      

American businessman Leonard Lauder comes with an estimated net worth of $8.1 billion according to Forbes. Leonard Lauder was born on July 3, 1933 in New York City, NY, United States. Leonard attended Columbia University’s Graduate School of Business after examining at Wharton School of the University of Pennsylvania. [divider] Leonard Lauder Net Worth $8.1 …

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          Bernie Madoff Net Worth      Cache   Translate Page      

American Bernie Mardoff, who’s now in jail, has an estimated net worth of $800 million. Before his incarceration, his estimated net worth is $17 billion. He’s the former non-executive chairman of the NASDAQ stock market and the mind behind the greatest Ponzi scheme in history. He is a former stockbroker, investment advisor, financier and white …

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          Silvio Berlusconi Net Worth      Cache   Translate Page      

Silvio Berlusconi, among Italy’s wealthiest guys is likewise one of Italy’s longest serving post-war prime ministers and its earliest playboy who continues to capture headlines in Italy at 76 years old. [divider] Silvio Berlusconi Net Worth $9 Billion [divider] His rise to the positions of Italy’s super-elite is one worthy of a Hollywood screenplay. Born …

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          PMMI infographic forecasts growth for the global packaging market      Cache   Translate Page      

Growth in the world market for packaging machinery is expected to reach an estimated $42.2 billion by 2021, up from $36.8 billion in 2016, according to the newly released A Look at Packaging Around the World infographic from PMMI, The Association for Packaging and Processing Technologies. 


          Google drops out of Pentagon’s $10 billion cloud competition      Cache   Translate Page      
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Google is taking a pass at a potential $10 billion contract.

The tech giant has made the decision to sit out of the the Pentagon’s competition for a possible $10 billion cloud-computing project.

SEE ALSO: Google exposed personal data of almost 500,000 and didn't disclose it

The Pentagon’s Joint Enterprise Defense Infrastructure cloud, or JEDI, is a project looking to find a solution for huge transfers of data from the Defense Department to military officials in order to make faster military decisions wherever in the world these officials may be.

Google cited its AI principles, which were published back in June, as the reason for dropping out of the bidding process.  Read more...

More about Google, Military, Artificial Intelligence, Cloud Computing, and Pentagon
          A lawsuit charges that LaCroix's natural water is full of synthetic ingredients. But the lawsuit looks like a crock.      Cache   Translate Page      

The LaCroix brand of fizzy water came seemingly out of nowhere in the last few years, propelling its parent company to nearly $1 billion in annual sales and tripling its profits to $149.8 million since 2015.

So perhaps it’s natural that the brand would attract hassles, the way noisy parties attract...


          Fuzzy on tax breaks (BC)      Cache   Translate Page      
British Columbia&#39;s auditor general says the provincial government needs to know more about the billions of dollars in tax breaks it gives to people and corporations every year. Carol Bellringer says the government&#39;s reporting of tax expenditures and how they relate to government spending has...
          Fiserv Inc (FISV) Expected to Announce Quarterly Sales of $1.43 Billion      Cache   Translate Page      
Analysts expect that Fiserv Inc (NASDAQ:FISV) will report sales of $1.43 billion for the current fiscal quarter, Zacks reports. Seven analysts have issued estimates for Fiserv’s earnings. The lowest sales estimate is $1.42 billion and the highest is $1.45 billion. Fiserv posted sales of $1.40 billion in the same quarter last year, which would indicate […]
          Bang for buck? The FMA on Kiwisaver      Cache   Translate Page      
The Financial Markets Authority's annual report into Kiwisaver is out, revealing more than 32-thousand New Zealanders withdrew nearly a billion dollars, between them, in the year to March, to help buy their first home.
          Adobe Systems Incorporated (ADBE) Expected to Announce Quarterly Sales of $2.42 Billion      Cache   Translate Page      
Equities research analysts expect Adobe Systems Incorporated (NASDAQ:ADBE) to report sales of $2.42 billion for the current quarter, according to Zacks. Nine analysts have issued estimates for Adobe Systems’ earnings, with estimates ranging from $2.42 billion to $2.44 billion. Adobe Systems reported sales of $2.01 billion during the same quarter last year, which would suggest […]
          Re: Landlords for rent control? You heard that right      Cache   Translate Page      
Lobbyist for Illinois realtors says, "If people cant afford to go buy groceries you dont tell grocers they can only charge 75 cents for a gallon of milk."

Another corporate con man speaking out of his ass. U.S. dairy subsidies were $22.2 billion in 2015, depressing the cost of a gallon of milk.
Posted by chicago60614
          Google Drops Out of Pentagon's $10 Billion Cloud Competition      Cache   Translate Page      
Google has decided not to compete for the Pentagon’s cloud-computing contract valued at as much as $10 billion, saying the project may conflict with its corporate values.
          $2.99 Billion in Sales Expected for MGM Resorts International (MGM) This Quarter      Cache   Translate Page      
Analysts expect MGM Resorts International (NYSE:MGM) to post sales of $2.99 billion for the current quarter, according to Zacks Investment Research. Five analysts have issued estimates for MGM Resorts International’s earnings. The lowest sales estimate is $2.85 billion and the highest is $3.33 billion. MGM Resorts International reported sales of $2.83 billion during the same […]
          $5.37 Billion in Sales Expected for Marriott International Inc (MAR) This Quarter      Cache   Translate Page      
Wall Street analysts forecast that Marriott International Inc (NASDAQ:MAR) will announce sales of $5.37 billion for the current quarter, Zacks reports. Five analysts have issued estimates for Marriott International’s earnings, with the highest sales estimate coming in at $5.81 billion and the lowest estimate coming in at $4.92 billion. Marriott International reported sales of $5.66 […]
          $4.63 Billion in Sales Expected for EOG Resources Inc (EOG) This Quarter      Cache   Translate Page      
Wall Street analysts expect EOG Resources Inc (NYSE:EOG) to announce $4.63 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for EOG Resources’ earnings. The lowest sales estimate is $4.54 billion and the highest is $4.74 billion. EOG Resources posted sales of $2.64 billion in the same […]
          Brokerages Expect Quest Diagnostics Inc (DGX) Will Post Quarterly Sales of $1.95 Billion      Cache   Translate Page      
Equities research analysts expect Quest Diagnostics Inc (NYSE:DGX) to post sales of $1.95 billion for the current fiscal quarter, Zacks reports. Eight analysts have provided estimates for Quest Diagnostics’ earnings. The lowest sales estimate is $1.94 billion and the highest is $1.98 billion. Quest Diagnostics reported sales of $1.93 billion in the same quarter last […]
          Analysts Anticipate D. R. Horton Inc (DHI) Will Post Quarterly Sales of $4.72 Billion      Cache   Translate Page      
Equities analysts forecast that D. R. Horton Inc (NYSE:DHI) will announce $4.72 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Twenty One analysts have issued estimates for D. R. Horton’s earnings, with the lowest sales estimate coming in at $4.50 billion and the highest estimate coming in at $4.85 billion. […]
          Finanzministerium in Sorge vor steigenden Zinsen      Cache   Translate Page      
Berlin (dts) - Die Regierung sorgt sich vor dem Ende der Nullzins-Politik der Europäischen Zentralbank. Denn anders als alle Sparer würde sie nicht von steigenden Zinsen profitieren, sondern müsste für 1,2 Billionen Euro Schulden plötzlich wieder hohe Zinsausgaben einplanen. Finanzminister Olaf ...
          $4.48 Billion in Sales Expected for Core-Mark Holding Company, Inc. (CORE) This Quarter      Cache   Translate Page      
Brokerages forecast that Core-Mark Holding Company, Inc. (NASDAQ:CORE) will announce sales of $4.48 billion for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Core-Mark’s earnings. The highest sales estimate is $4.52 billion and the lowest is $4.46 billion. Core-Mark posted sales of $4.31 billion in the same quarter last […]
          A disturbing plunge into protectionism….. - Publications – AEI      Cache   Translate Page      

AEI
A disturbing plunge into protectionism…..

… is the title of George Will’s latest column in the Washington Post, here’s an excerpt: “China,” says President Trump strangely, “is now paying us billions of dollars in tariffs.” Tariffs are taxes collected at the border and paid in one way or another by various residents of the importing nation. Bloomberg Businessweek notes that [...]

A disturbing plunge into protectionism…..
Mark Perry


          Honda Celebrates 10 Years of Automobile Production in Indiana      Cache   Translate Page      
This release contains: 1 Related Document, 4 Photos, 1 Video

Honda Manufacturing of Indiana, LLC (HMIN) today marked its 10th anniversary of automobile production at its plant in Greensburg, Indiana during a celebration with state and local government officials joining the celebration with Honda associates.

Honda began production in Indiana on October 9, 2008, producing the 4-cylinder Honda Civic Sedan with 1,000 associates on one shift. Today, HMIN operates two shifts with more than 2,500 associates producing the Honda Civic Sedan and CR-V – two of the industry's best-selling vehicles – as well as the all-new 2019 Honda Insight, a hybrid sedan. Cumulative production at HMIN is more than 1.8 million vehicles.

"This milestone is the result of the commitment our Honda associates in Indiana have made every day over the past decade to build products of the highest quality for our customers," said Isao Matsuzaki, president at HMIN. "Indiana is our home and with the strong support of our local communities, the state and beyond, we are excited about our future here in Greensburg."

Honda announced plans to build an auto plant in Greensburg in June 2006, breaking ground for the new plant in March 2007.  HMIN added a second shift of production in October 2011, doubling its production capacity to 200,000 vehicles per year. Today, HMIN has the capacity to produce 250,000 vehicles annually.

"Since launching production a decade ago today, Honda has had a lasting positive impact on the city of Greensburg, the southeast region and the entire state, helping propel our workforce and strengthen Indiana's reputation as a manufacturing powerhouse," said Indiana Secretary of Commerce Jim Schellinger. "With more than 290 Japanese business facilities in Indiana, we are proud of the friendships we have established with companies like Honda and look forward to even more milestones ahead. Congratulations on 10 years of excellence and thank you for your commitment to our state."         

In its first decade of operation, HMIN has achieved a number of milestones and accomplishments, including:

  • HMIN was Honda's fourth U.S. auto plant, and its seventh in North America
  • HMIN has built six different models in its history, including the Honda Civic, CR-V and Insight, as well as the Civic Natural Gas, Acura ILX and ILX Hybrid
  • Production of Civics for export markets began in September 2009  
  • HMIN earned the Platinum Plant award in the 2011 J. D. Power and Associates Initial Quality Study (IQS).
  • In 2017, HMIN began production of the Honda CR-V, the first SUV built at the plant and, earlier this year, production began of the all-new 2019 Honda Insight.

In 2017, HMIN purchased more than $2.2 billion in parts from 248 suppliers in the U.S.  

Honda in Indiana
Honda Manufacturing of Indiana, LLC (HMIN) began operations in October 2008, and is now one of five Honda auto plants in the U.S. HMIN manufactures the Civic and CR-V for the U.S. and for export to markets outside of North America. With employment of more than 2,400 associates and capital investment exceeding $ 1 billion, HMIN has an annual capacity of 250,000 vehicles. In 2017, Honda spent more than $2.1 billion with 64 OEM suppliers in Indiana to support its regional operations.  Learn more at https://indiana.honda.com/

 

# # #


          $1.27 Billion in Sales Expected for Waste Connections Inc (WCN) This Quarter      Cache   Translate Page      
Equities research analysts predict that Waste Connections Inc (NYSE:WCN) will announce $1.27 billion in sales for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Waste Connections’ earnings. Waste Connections reported sales of $1.21 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 5%. […]
          UPDATE 4-Ireland boosts budget spending as Brexit looms      Cache   Translate Page      
*Budget day package almost doubled to 1.5 bln euros. DUBLIN, Oct 9- Ireland's finance minister boosted budget day spending for the second year in a row as the government warned of economic "carnage" if neighbouring Britain crashes out of the European Union without a divorce deal. Having already pre-committed 2.6 billion euros on increased public sector and...
          U.S. Agriculture's Perdue says farmer aid could be less than first estimated      Cache   Translate Page      
WASHINGTON, Oct 9- The U.S. Department of Agriculture's $12 billion package to help offset losses from retaliatory tariffs on American exports could end up being smaller as the department looks to recalculate the amount after an agreement to update NAFTA, Agriculture Secretary Sonny Perdue said on Tuesday. Speaking to Reuters in a phone interview, Perdue said...
          US STOCKS-Wall Street edges lower on global worries despite falling yields      Cache   Translate Page      
The International Monetary Fund cut global economic growth forecasts for 2018 and 2019 and its 2019 U.S. and China estimates, saying the two countries would feel the brunt of their trade war next year. President Donald Trump repeated a threat to impose tariffs on $267 billion worth of additional Chinese imports if Beijing retaliates for the recent levies and...
          Information Security MSc 12 Month Placement/Internship      Cache   Translate Page      
Overview Add an annual turnover of $22.3 billion to a rental and leasing fleet of over 1.9 million vehicles spread across 9,900 locations worldwide and you get Enterprise Rent-A-Car – a business that’s grown into the largest global mobility provider in the world. Enterprise’s internships give you the chance to get ahead in the job market - but don’t just take our word for it; our interns have been voted Best Intern of the Year at the National Undergraduate Employability awards. It’s learning by doing, not by getting coffee all day. It’s learning by doing, not by getting coffee all day. From winning regular diversity awards to being a Top 50 Place for Women to Work for 12 years running, it’s no surprise that we were also voted the Graduate Employer of the Year last year. We are excited to announce the position of Information Security Intern; this placement is specifically designed for MSc students. This opportunity is based at Enterprise Holdings' European Head Office in Egham, Surrey. This role has a European focus and will work with our corporately owned entities across the UK, Ireland, Germany, France, and Spain as well as liaise with our corporate Security, Privacy and Compliance teams based in Saint Louis, Missouri. The Information Security team is responsible for safeguarding our customer’s data, and ensuring that we have the proper people, processes and technology in place to protect against both current and emerging threats. You will be working on a range of areas which include Security Strategy & Transformation, Cyber Maturity Assessments & Third Party Assurance, Business Resilience, Privacy, Cyber Defence & Security Testing and Records Management. Responsibilities Stay up to date on cyber security news and cyber-attack trends, while offering suggestions to keep the company environment secure Investigate and resolve security threats reported by employees Assist the Information Security Office with day-to-day activities Collaborate with internal teams including Application Development, Infrastructure, IT Communication, Privacy/Data Governance and Marketing/Communications As assigned, participate in various Information Security projects Adhere to technology standards and follow documented procedures Establish and maintain effective working relationships with peers and end users Assist with task automation and process improvement Prepare Documentation and Reports for use by EHI internal stakeholders Qualifications Must be a current MSc student looking to undertake an industrial placement year Good knowledge of Microsoft Office applications – Word, Excel & PowerPoint Excellent verbal and written communications skills Excellent time management skills and punctuality Ability to prioritise work and meet timelines Self motivated and self disciplined Additional Information Please do let us know about any accommodations you may need to participate in the recruitment process; contact our Talent Acquisition Specialist Georgina Crockford. Application Deadline : 30th October 2018 (this is subject to change, early applications are wholly encouraged) Assessment Centre Date : 26th November 2018, Egham, Surrey. (This assessment date is fixed) Hours : 40 per week Salary : £22,000.00 per annum Duration : The internship will run from August 2019 to August 2020 We accept applications for our Placement Programme from university students that are due to take undertake a placement year starting summer 2019, regardless of university attended and subjects being studied. Our assessment is only based on how you perform against the competencies that are required for your role. How to Apply We take great care in our recruitment process to find the ideal candidate. But it’s not all about us; we want you to have the chance to find out what we’re all about. The first step is our application form, which takes about 30 minutes to complete. As well as telling us lots about you, it helps us identify the kind of competencies in you that we look for in our placement students. If your application is successful one of our Talent Acquisition team will be in contact to arrange a competency based telephone interview. Finally, you will be invited to attend one of our assessment days. Through the day, you’ll tackle a number of exercises designed around life at Enterprise. Don’t worry – it’s not too formal and most of our applicants agree it’s a great platform for you to shine. It’s also a chance to meet some of the people you’ll be working with as well as our current interns.
          Finance Placement / Internship 12 months      Cache   Translate Page      
Overview Add an annual turnover of $22.3 billion to a rental and leasing fleet of over 1.9 million vehicles spread across 9,900 locations worldwide and you get Enterprise Rent-A-Car – a business that’s grown into the largest global mobility provider in the world. Enterprise’s internships give you the chance to get ahead in the job market - but don’t just take our word for it; our interns have been voted Best Intern of the Year at the National Undergraduate Employability awards. It’s learning by doing, not by getting coffee all day. We are very excited to announce the opening for a Finance intern to sit within our Finance Department. This internship is designed to give you the knowledge, skills and experience you need to work in a business finance role. Our finance team are key players in the organisation. They oversee all aspects of financial management and provide an important bridge between the marketing and operational aspects of the business. You'll start out working as an assistant accountant. This role will give you exposure to basic accounting procedures and principles ranging from accounts payable and receivable systems to financial statement preparation and analysis. You'll also work closely with our sales and marketing, procurement and HR teams (among others) on issues such as customer service, growth strategies and profitability. This opportunity is based at Enterprise Holdings European Head Office in Egham, Surrey. Responsibilities Review and approval of journal entries from debtors listings Administrative support in terms of billing corrections and adjustments. Assisting the credit control function in identifying and managing exposure to bad debts. Assisting the financial statement preparer in producing monthly management accounts. Assisting the accounts payable function by taking ownership of a number of suppliers, chasing appropriate authorisation of their invoices, coding them in accordance with our chart of accounts and processing them for payment. Supplier statement reconciliations Monthly preparation of P&L and Balance Sheet schedules Monthly bank reconciliation Preparing and submitting Journal entries Various ad-hoc projects Qualifications Must be a current undergraduate university student looking to undertake a placement year as part of your course (any discipline) Must have a strong work ethic and can-do approach to problem solving Strong belief in the team ethic Customer Service experience Strong research and analytical skills are a must Excellent telephone and general communication skills are essential Previous working experience within an accounts department - advantageous but not essential Additional Information Please do let us know about any accommodations you may need to participate in the recruitment process; contact our Talent Acquisition Specialist Georgina Crockford. Application Deadline : 23rd October 2018 (this is subject to change, early applications are encouraged) Assessment Centre Date : 21st November 2018, Egham, Surrey. (This assessment date is fixed) Hours : 40 per week Salary : £17,000.00 per annum Duration : The internship will run from the August 2019 to the August 2020 We accept applications for our Placement Programme from undergraduate university students that are due to undertake a placement year starting summer 2019, regardless of university attended and subjects being studied. Our assessment is based on how you perform against the competencies that are required for your role. How to Apply We take great care in our recruitment process to find the ideal candidate. But it’s not all about us; we want you to have the chance to find out what we’re all about. The first step is our application form, which takes about 30 minutes to complete. As well as telling us lots about you, it helps us identify the kind of competencies in you that we look for in our placement students. If your application is successful one of our Talent Acquisition team will be in contact to arrange a competency based telephone interview. Finally, you will be invited to attend one of our assessment days. Through the day, you’ll tackle a number of exercises designed around life at Enterprise. Don’t worry – it’s not too formal and most of our applicants agree it’s a great platform for you to shine. It’s also a chance to meet some of the people you’ll be working with as well as our current interns
          UPDATE 1-U.S. foreign military sales total $55.6 bln, up 33 pct -U.S. official      Cache   Translate Page      
WASHINGTON, Oct 9- Sales of U.S. military equipment to foreign governments rose 33 percent to $55.6 billion in the fiscal year ended Sept. 30, a U.S. administration official told Reuters on Tuesday. About $70 billion worth of foreign military sales notifications went to Congress this year, slightly less than the year before, the administration official said.
          Japan Core Machine Orders On Tap For Wednesday       Cache   Translate Page      

Japan will on Wednesday release August numbers for core machine orders, highlighting a modest day for Asia-Pacific economic activity.

Core machine orders are expected to sink 3.9 percent on month and rise 1.8 percent on year after surging 11.0 percent on month and 13.9 percent on year in July.

Japan also will release preliminary September figures for machine tool orders; in August, orders were up 5.1 percent on year.

Australia will see October results for the consumer confidence index from Westpac Bank; in September, the index shed 3.0 percent on month to a score of 100.5.

New Zealand will provide September data for credit card spending; in August, overall electronics spending was up 1.1 percent on month and retail card spending advanced 1.0 percent.

The Philippines will release August numbers for imports, exports and trade balance. In July, imports were worth $9.40 billion and exports were at $5.85 billion for a trade deficit of $3.55 billion.

Finally, the markets in Taiwan are closed on Wednesday for the National Day holiday and will re-open on Thursday.


The material has been provided by InstaForex Company - www.instaforex.com
          Treasuries Close Modestly Higher After Seeing Initial Weakness       Cache   Translate Page      

After an initial move to the downside, treasuries moved modestly higher over the course of the trading session on Tuesday.

Bond prices climbed off their early lows in morning trading and managed to remain in positive territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by 1.7 basis points to 3.208 percent.

With the modest decrease on the day, the ten-year yield gave back ground after ending last Friday's trading at its highest closing level in over seven years.

The rebound by treasuries may partly have reflected bargain hunting following the notable weakness seen over the three previous sessions.

Treasuries may also have benefited from news the International Monetary Fund lowered its forecast for U.S. and Chinese economic growth.

Citing the "negative effect of recent tariff actions," the IMF said economic growth in the U.S. and China is now expected to slow to 2.5 percent and 6.2 percent, respectively, next year.

Overall trading activity was somewhat subdued, however, as a lack of major U.S. economic data kept some traders on the sidelines following the holiday on Monday.

Trading on Wednesday may be impacted by reaction to the Labor Department's report on producer prices in the month of September.

Producer prices are expected to rise by 0.2 percent in September after slipping by 0.1 percent in August. Core producer prices, which exclude food and energy prices, are also expected to tick up by 0.2 percent.

Bond traders are also likely to keep an eye on the results of the Treasury Department's auction of three-year and ten-year notes.

The Treasury is due to sell $36 billion worth of three-year notes and of $23 billion worth of ten-year notes.


The material has been provided by InstaForex Company - www.instaforex.com
          Dollar Turns Lower After Early Gains Erode       Cache   Translate Page      

The dollar turned in a strong performance Tuesday morning, but has since reversed and has turned weaker against its major rivals. The lack of U.S. economic data kept some investors on the sidelines. However, things will begin to pick up tomorrow, with the release of the producer price index and wholesale trade data.

The International Monetary Fund slashed the global growth forecast for this year and next on Tuesday, citing an increase in the likelihood of further negative shocks, such as a full-blown trade war.

In its latest World Economic Outlook, released in Bali, Indonesia, the Washington-based lender forecast 3.7 percent growth for the world economy for this year and next. That is less than the 3.9 percent predicted in the April report and in a July update.

The US growth forecast for this year was retained at 2.4 percent, while the projection for next year was trimmed to 2.1 percent from 2.2 percent seen in July, citing the recently enacted trade tariffs.

The dollar climbed to a high of $1.1432 against the Euro Tuesday, but has since retreated to around $1.15.

German exports declined for a second straight month in August, defying expectations for an increase, preliminary data from the statistical office Destatis showed on Tuesday.

Merchandise exports fell a calendar and seasonally-adjusted 0.1 percent from July, when they decreased 0.8 percent. Economists had expected a 0.4 percent increase.

Imports dropped 2.7 percent after a 2.8 percent rise in July. Economists were looking for a 0.1 percent gain.

The trade surplus rose to EUR 17.2 billion in August from EUR 16.5 billion in the previous month. Economists had predicted a surplus of EUR 16.2 billion.

Speaking to BBC Radio 4's programme, Conservative MP Steve Baker said that there were at least 40 colleagues who are not going to accept a 'half in, half out' agreement shaped around the Prime Minister's Chequers blueprint.

MPs should be "unafraid to go forward without an agreement," he stated.

The buck rose to an early high of $1.3032 against the pound sterling Tuesday, but has since pulled back to around $1.3150.

The greenback ached an early high of Y113.391 against the Japanese Yen Tuesday, but has since eased back to around Y113.025.


The material has been provided by InstaForex Company - www.instaforex.com
          Denmark Exports Fall Again       Cache   Translate Page      

Denmark's merchandise exports declined further in August, while imports grew, figures from Statistics Denmark showed on Tuesday.

Exports excluding ships, aircraft and fuel, dropped 1.9 percent year-on-year following a 1.8 percent fall in July. Imports rose 1 percent after a 1.1 percent decrease in the previous month.

The trade surplus excluding ships, aircraft and fuel was a seasonally adjusted DKK 5 billion in August. The total trade surplus was a seasonally adjusted DKK 2.4 billion.

Exports grew 4.1 percent sequentially in the three months to August.


The material has been provided by InstaForex Company - www.instaforex.com
          Pound Drops Amid Former Brexit Minister Steve Baker's Remarks       Cache   Translate Page      

The pound declined against its major opponents in the European session on Tuesday, following remarks from a Conservative MP suggesting that his Conservative colleagues are ready to vote against Chequers amendments and UK should have courage to "go forward without an agreement."

Speaking to BBC Radio 4's programme, Conservative MP Steve Baker said that there were at least 40 colleagues who are not going to accept a 'half in, half out' agreement shaped around the Prime Minister's Chequers blueprint.

MPs should be "unafraid to go forward without an agreement," he told.

Baker had resigned from the post of May's Brexit minister alongside David Davis in June.

Investors digested Brexit developments, with the Confederation of Business Industry demanding that Philip Hammond use the budget on 29 October to bolster investment by ?3.5 billion to tackle Brexit uncertainty.

Also in focus were yuan movements and developments over Italy's budget plans for directional cues.

The currency has been trading in a positive territory against its major rivals in the Asian session, with the exception of the yen.

The pound declined to 0.8791 against the euro, from a 3-1/2-month high of 0.8767 touched at 3:30 am ET. The pound is likely to find support around the 0.89 level.

Preliminary data from the statsitical office Destatis showed that German exports declined for a second straight month in August, defying expectations for an increase.

Merchandise exports fell a calendar and seasonally-adjusted 0.1 percent from July, when they decreased 0.8 percent. Economists had expected a 0.4 percent increase.

The pound fell to 1.3034 against the greenback and 1.2959 against the franc, reversing from its early highs of 1.3106 and 1.3016, respectively. If the pound drops further, 1.29 and 1.26 are possibly seen as its next support levels against the greenback and the franc, respectively.

The U.K. currency slipped to a 6-day low of 147.35 against the yen, reversing from a high of 148.39 seen at 3:00 am ET. The next likely support for the pound is seen around the 146.00 region.

Looking ahead, at 8:15 am ET, Canada housing starts data for September is scheduled for release.

The Bank of England Deputy Governor Ben Broadbent testifies on the use of the Retail Price Index before the Economic Affairs Committee in London at 10:35 am ET.

At 2:00 pm ET, the Bank of Canada Senior Deputy Governor Carolyn Wilkins will take part in a panel discussion titled "Empowering Women in the Workplace" at an International Monetary Fund seminar in Bali.


The material has been provided by InstaForex Company - www.instaforex.com
          Croatia Jan-Aug Trade Deficit Widens       Cache   Translate Page      

Croatia's trade deficit for the January to August period, widened from a year ago, preliminary figures from the Croatian Bureau of Statistics showed on Tuesday.

The trade deficit widened to 46.37 billion kuna from 41.48 billion kuna a year ago. Exports grew 3.9 percent year-on-year and imports rose 6.9 percent.

For the month of July, the trade deficit was 6.24 billion kuna versus 5.75 billion kuna in the same month last year.

The deficit for the January to July period was 41.2 billion kuna.


The material has been provided by InstaForex Company - www.instaforex.com
          A Wells Fargo Broker Finds New Home at $1 Billion RIA – WealthManagement.com      Cache   Translate Page      
WealthManagement.com A Wells Fargo Broker Finds New Home at $1 Billion RIAWealthManagement.comConsumer bankers opening fake accounts, burdensome sales quotas and finally a request by the Justice Department to conduct an independent investigation into Wells Fargo’s wealth management business eventually became too much of a distraction, …
          A lawsuit charges that LaCroix's natural water is full of synthetic ingredients. But the lawsuit looks like a crock.      Cache   Translate Page      

The LaCroix brand of fizzy water came seemingly out of nowhere in the last few years, propelling its parent company to nearly $1 billion in annual sales and tripling its profits to $149.8 million since 2015.

So perhaps it’s natural that the brand would attract hassles, the way noisy parties attract...


          The Global Ballast Water Treatment Systems (BWTS) Market Is Expected To Reach USD 117.55 Billion By 2025      Cache   Translate Page      


          The Global Fructo Oligosaccharides (FOS) Market Size Is Expected To Reach USD 3.52 Billion By 2024      Cache   Translate Page      


          PA Headline      Cache   Translate Page      
Financial institutions have committed to tackling the multibillion-pound criminal trade in poached products such as rhino horn and elephant tusks.
          Colorado’s Westmoreland Coal files for Chapter 11 bankruptcy in face of $1.4 billion in debt      Cache   Translate Page      
Colorado-based Westmoreland Coal Co. is the latest coal company to file for bankruptcy protection as the industry continues to struggle amid concerns about climate change and increasing competition from natural gas and renewables.
          Find what you need faster with automatic image text recognition      Cache   Translate Page      
More than 20 billion image and PDF files have been stored in Dropbox, and of those, 10–20% are photos of documents. The problem is that, unlike Word documents or PDFs with embedded text, the contents of those images can’t be searched. Finding the one you need—especially if there are tens of thousands stored or shared with you in Dropbox—is tough. Today, we’re attacking that problem by automatically performing optical character recognition on these images as part of our DBXi initiative.
          Vukmir rolls out Trump-like Lie campaign against Baldwin!      Cache   Translate Page      
After last nights Senate candidates debate between incumbent Tammy Baldwin and Trumpian challenger Leah Vukmir, it seems more obvious than ever that Vukmir is an untrustworthy State Senator as well. 

Thanks to PolitiFact, we're able to see "lying" Leah's record of false statements. She's breathtakingly nuts on every issue. Why would anyone vote for someone this deceptive?

Oral Chemo: When it came to voting against requiring insurance coverage for oral chemotherapy, Vukmir made this completely nonsensical statement:
Vukmir: "I was very concerned that the unintended consequence of that bill would be that the very people who wanted that care would be restricted from that care."
Baldwin's simple comeback:
"A vote is a vote, and Leah Vukmir voted with insurance companies to prevent oral chemo from being covered. I don't know how you can run away from the vote."
Universal Health Care: Remember, Vukmir's Trump Party still don't have an alternative plan to replace the ACA or protect pre-existing conditions, so the following statement from Vukmir is an empty outright lie, that laughably plays off the GOP's successful branding of the ACA as ObamaCare:
Vukmir said she would "fall in front of a truck" before she let people with pre-existing conditions go without insurance coverage. Vukmir charged that Baldwin's support for a "Medicare for all" universal health care plan would upend the entire health care system. "I'm going to call it 'BaldwinCare,'" Vukmir said. "Because under her plan, the Affordable Care Act goes away. Medicare goes away. Everything we know about insurance goes away."
"Everything we know about insurance goes away" is a BAD thing? Gotta let insurers make obscene profits from sick people, right Leah?

Baldwin instead is already on this...


This is a pattern for Vukmir on every one of the biggest issues in the election. Vukmir's only option now is to lie:
Tomah VA: Says Tammy Baldwin was the only member of the Wisconsin congressional delegation "to have a report outlining that a doctor was overprescribing opioids" at the Tomah VA, "later a veteran died" and Baldwin "covered it up." Mostly False.

Capitol protests: Says "I have been through the gauntlet, when we had riots in that Capitol." Pants on Fire.

Donor: On conservative mega-donor Richard Uihlein. Full Flop.

Trump: "I have always been there with" Donald Trump. False.

Immigration: Says Mark Pocan’s proposal to eliminate the U.S. Immigration and Customs Enforcement (ICE) would "eliminate border enforcement." Pants on Fire.

Immigration: On separating families at the border. Half Flip.

Patriotism: Says Tammy Baldwin "opposed displaying the flag and reciting the Pledge of Allegiance or singing the National Anthem in our classrooms." Mostly False.

Terrorism: Says Tammy Baldwin is "more worried about the mastermind of 9/11" than supporting CIA director nominee Gina Haspel. Pants on Fire.

‘Buy America’: Says Sen. Tammy Baldwin "claims to support a 'Buy America' philosophy, but her actions speak louder than her empty words." False.

Attacks by others on Vukmir:

Open records: Club for Growth says Leah Vukmir "claimed the open records law didn't apply to her, got sued, lost and cost taxpayers $15,000 in legal fees." True.

'Leniency': Claim by Club for Growth says Leah Vukmir "wrote a letter seeking leniency for a fellow state legislator convicted of sexual assault." Mostly True.
Vukmir Sides with White Male Abusers: Vukmir even brought up the well documented State Supreme Court choking incident, saying it never really happened. Why even go there...?
Vukmir: "The state courts weren’t immune to these ridiculous and slanderous attacks. In 2011, during an election that was largely seen as a referendum on our reforms, extremely liberal state Supreme Court Justice Ann Walsh Bradley accused Justice David Prosser of choking her. In the end, this was just another smear. No charges were filed, but sadly his legacy has been blemished."
Other Lies about Baldwin: Seriously conservative voters, are incrementally small tax cuts worth supporting candidates that aren't being honest with you? Note: Baldwin was even criticized for proposing a Department of Peace and Nonviolence...
Iran: Kevin Nicholson says the Iran deal "handed billions of dollars of cash on cargo planes, sent it to a state sponsor of terror, and Tammy Baldwin was one of the first U.S. senators to get on board and support that." Mostly False.

Peace: Kevin Nicholson: "Tammy Baldwin cosponsored legislation that wanted to establish the Department of Peace and Nonviolence." Mostly True.

Taxes: Freedom Partners: "Tammy Baldwin voted for $5 trillion in higher taxes." Half True.

Tomah VA: Americas PAC says Tammy Baldwin was told by a whistleblower about "overmedicated veterans," she made "deadly mistakes" and "three veterans died" at the Tomah VA hospital. False.

Defense funding: Restoration PAC says Tammy Baldwin "supported legislation allowing citizens to withhold funding for our troops." Mostly False.

Sex education: Restore American Freedom and Liberty says Tammy Baldwin "wants to require children starting at age 5 to learn about gay sex!" False.

          U.S. Agriculture coalition pushes for next conference to expand Cuba trade      Cache   Translate Page      


Logan Hawkes 3 | Oct 09, 2018

According to a support group dedicated to eliminating trade barriers with Cuba, U.S. farmers and ranchers could see a $2 billion opportunity to market their products to the Island nation, and establish a path forward in normalizing relations with Cuba now that the country has a new president willing to establish a new trade deal with the United States.

“At a time when new markets are needed for our agricultural exports, Cuba is looking to increase agriculture trade and investment, and an upcoming major conference in Havana in November could help to inform and connect the people who can work to make those things happen,” said Paul Johnson, Vice-Chair of the U.S. Agricultural Coalition for Cuba (USACC).

Continue reading ...
          10/10/2018: NEWS: Shorten school splurge      Cache   Translate Page      
MORE than $800 million would be poured into Victorian public schools in the first term of a Shorten Labor Government in a historic $14 billion pledge to be unveiled today. The record funding announcement — the equivalent of 2027 new teachers across...
          10/10/2018: NEWS: PALMER ENDS $1.8B CLAIM      Cache   Translate Page      
CLIVE Palmer has dropped his plans to sue Queensland Nickel liquidators for $1.8 billion, a day after a judge castigated the former politician’s legal team for being unprepared. The liquidators say Mr Palmer’s corporate entities withdrew, in the...
          A Most Abundant Life Form      Cache   Translate Page      
Where can you find a billion pounds of ants? All around us.
          The Wall Street Journal: Google appeals EU’s $5 billion Android antitrust fine      Cache   Translate Page      
Google on Tuesday said it filed an appeal of the European Union’s €4.34 billion ($4.97 billion) antitrust fine for allegedly abusing the dominance of its Android operating system for mobile phones.

          Facebook Captures Nearly a Quarter of Digital Video Ad Spending at $6.81B: eMarketer      Cache   Translate Page      
Ad spending on digital video is burgeoning, and Facebook, along with its Instagram platform, control about a quarter of the action. That’s the conclusion of the latest eMarketer report, which estimated that U.S. ad spending on digital video will grow about 30% this year to $27.82 billion. And ...
          Washington Superintendent of Public Instruction releases budget proposal      Cache   Translate Page      
More nurses and middle school counselors, dual language education and Increased funding for students with disabilities and among the items included in Superintendent of Public Instruction Chris Reykdal's proposal for the 2019-21 Operating and Capital Budgets.

"The Legislature has made great strides in education funding," Reykdal said. "But we can't continue to use a 10-year-old funding model that was not enough even at the time it was created. Our students deserve an education system that does not allow opportunity gaps to persist. That can only happen if our system provides equitable opportunities and individual learning pathways for each student."

Following two public surveys, Reykdal says the budget priorities center on six foundational ideas. According to his office, most of them will prioritize schools that are most in need of support before being phased-in to full funding across all buildings.

Here is a summary of a few of the proposals provided by Reykdal's office.

Inclusive and effective learning and teaching.

$180 million would increase funding for students with disabilities and provide additional professional learning days for all school staff.

Comprehensive supports.

$60 million would provide more school nurses, middle school counselors, and family and community engagement coordinators.

Multiple pathways to graduation.

65 million would expand dual credit and career and technical education (CTE) programs, including opportunities for students to receive required academic credits in CTE courses.

Expanded learning opportunities.

10 million would fund a pilot program for school districts or tribal compact schools to extend or expand the school day or year, or switch to a year-round schedule.

Safe and effective school facilities.

400 million would allow OSPI to create a new funding model for elementary schools, which will build capacity to meet the state's K-3 class size ratios. The proposal would also create a new program to assist primarily rural schools in preserving and maintaining buildings.

Dual language.

14 million would allow 12 additional school districts and tribal compact schools to receive competitive grant funding for dual language programs. Funding would also expand capacity to teach in these programs by providing stipends and bonuses to bilingual teachers and paraeducators.

Reykdal outlined many of these ideas when he unveiled his long-term vision for K-12 education in May 2017.

"We have to look years into the future," he said. "The old model of basic education was only the first step. We need to shift our focus onto what will transform our educational system. Our system can only claim success if it truly provides equitable opportunity and an unprecedented embrace of individual learning pathways for each student."

According to his office, another key aspect of Reykdal's budget priorities involves addressing inequities created by recent changes to education funding.

Last year, the Legislature capped the amount of money school districts can raise through local levies. State law now allows districts to collect no more than the lesser of two amounts: $2,500 per student or $1.50 per $1,000 of assessed property value in the district.

Reykdal proposes a much simpler levy plan, where total levy authority cannot exceed 22 percent of a school district's state and federal revenues.

"Without critical changes, the reduction in levies will leave some districts in a very tough financial situation," said Reykdal. "We were never comfortable with taking away the ability of local communities to enhance their schools. Local levies typically fund afterschool programs, early learning, and other vital programs. School districts need to have more flexibility so they can meet the individual needs of their communities."

Reykdal will propose a capital gains tax, which will generate about $1 billion per year. Under Reykdal's proposal, half of that money will go toward reducing state property taxes to ease the burden on homeowners if districts want to increase levies. The other half will be spent on OSPI's proposed budget priorities.

Reykdal also urged the Legislature to reexamine its regionalization model, which provides more money for some districts with higher property values. Reykdal said the model was a unique calculation for each district and not regionally based.

"Educators do not necessarily live in the districts where they teach," he said. "The new model creates funding levels for neighboring districts that share no real differences in housing values or cost of living. Southwest Washington was hit particularly hard by this model."

A survey taken this past spring asked Washingtonians to identify their priorities in K-12 education. A second survey, completed at the end of the summer, asked the public to allocate funding to the top seven categories identified in the first survey by more than 30,000 respondents.

Those taking the second survey allocated more than half of the total funding to the following three categories: student support services (21.1 percent), class size reductions (18.3 percent), and effective buildings and facilities for learning (14.7 percent).

]]>
          Silicon Beach worth an estimated $155 billion      Cache   Translate Page      
Silicon Valley in Northern California may be the tech capital of the world, but Silicon Beach in SoCal is no slouch, especially when it comes to companies working in media, software as a service (SaaS) and health/wellness, according to a new study by Mediakix, an influencer marketing agency headquartered in Santa Monica. The report, which analyzed 177 companies headquartered in Los Angeles County, found the area tech industry to be worth more than an estimated $155 billion. Unsurprising for an…

          U.S. Agriculture's Perdue says farmer aid could be less than first estimated      Cache   Translate Page      
The U.S. Department of Agriculture's $12 billion package to offset farmers losses from the imposition of tariffs American exports could end up shrinking after an agreement to update NAFTA was struck, Agriculture Secretary Sonny Perdue said on Tuesday.

          Google challenges record US$5 billion EU antitrust fine      Cache   Translate Page      
Alphabet unit Google on Tuesday challenged a record 4.34-billion euro (US$5 billion) fine imposed by European Union antitrust regulators three months ago for using its popular Android mobile operating system to thwart rivals.
          Ackman's Pershing Square unveils new position in Starbucks: sources      Cache   Translate Page      
William Ackman's activist hedge fund Pershing Square Capital Management has taken a new position in Starbucks Corp , according to attendees at a conference where the billionaire investor spoke on Tuesday.
          Comcast's US$40 billion Sky takeover becomes unconditional      Cache   Translate Page      
U.S. cable company Comcast took control of Sky on Tuesday after it acquired the 39 percent of the company owned by Twenty-First Century Fox, the rival it defeated with a US$40 billion knock-out bid for the European pay-TV group last month.
          Apple iPhone warranty repair fraud in China cost Apple billions of dollars      Cache   Translate Page      
According to a report in The Information that was published today, Apple lost billions of dollars thanks to a warranty fraud that is still taking place in China. It begins with the purchase or theft of numerous iPhone units, which then have important parts ripped out of them. Components like the CPU, circuit boards and screens are replaced with phony parts and even chewing gum wrappers. These phones are then returned to the Apple Store, and replaced under warranty. The replacements are then sold.

In 2013, Apple discovered that it could estimate how many returns were ...
          1 trillion liters of water lost through leaks in Britain every year      Cache   Translate Page      

1 trillion liters of water lost through leaks in Britain every year

Europe

DF-Xinhua Report

Three billion liters of drinking water are leaked every day in Britain, a committee of Members of Parliament (MPs) said in a parliamentary report Tuesday.

   It adds up to more than a trillion liters of water being lost every year, the figures showed.

   The Environment, Food and Rural Affairs Committee has called for water meters in every home to be made compulsory as a way of saving water.

   In its report on the regulation of the water industry, the politicians said water shortages of the type experienced in the summer 2018 will become more frequent and drought resilience will require increasing the supply of water alongside reducing demand.

   The committee found that a shocking three billion liters of water are leaked every day and believes that water industry targets to reduce leakage by 15 percent by 2025 are not ambitious enough.

   Committee chair Neil Parish said: "Water leaks affect the environment, as the more is leaked, the more must be taken from our rivers and other natural sources. It also sends a poor message to the public about the value of water when people are being encouraged to save water. Water companies should be leading by example. We are calling for the amount of water lost through leaks to be halved by 2040, ten years earlier than a current target."

   The committee also heard there was strong evidence that water metering helps to reduce water use and detect when leaks are occurring. Currently, only water companies in designated water-stressed regions of Britain can make metering compulsory.

   Parish added: "We need to move beyond a regional approach to water metering, because there is a national need to conserve water."

   He said the committee has called on the Department for Environment, Food and Rural Affairs to allow all water companies the power to implement compulsory metering.

   The report has recommended the government to amend regulations by the end of 2019 to allow all water companies to implement compulsory metering, using smart meters.

© DAILY FINLAND Developed by : orangebd
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          Key disease-resistant gene spotted in wheat      Cache   Translate Page      

Key disease-resistant gene spotted in wheat

DF Report

A team of researchers have identified Yr15, a broad-spectrum disease-resistant gene derived from wild emmer wheat, the ancestor of durum (pasta) wheat, and analysed it.

Identification of the Yr15 gene facilitates the invention of a durable solution for controlling yellow rust, a major threat to food security for millions of people, believes the international group of researchers led by Natural Resources Institute Finland (Luke), the Institute of Biotechnology at the University of Helsinki, and the University of Haifa.

Yellow rust is a devastating fungal disease threatening much of global wheat production. The problem has been increasing with climate change, said a press release issued by Luke.

Wheat is the most cultivated food crop globally, but more than five million tons of wheat harvest valued at around one billion USD are estimated to be lost annually to yellow rust, affecting food security and affordability for millions of people.

The international collaborative study involving about 30 researchers at 14 institutions in eight countries unlocks interesting opportunities for breeding more disease-resistant wheat varieties.

“Aaron Aaronsohn discovered wild wheat in 1906, and believed it would hold the key to breeding disease- and stress-resistant crops. With the work on Yr15, Aaronsohn’s vision is bearing fruit,” said Prof Alan Schulman of Luke.

“Crop’s wild relatives, like wild emmer wheat, are a great reservoir of useful genes and need conservation. Combined with a genome sequence – which became available this year – rapid advances in breeding are now possible,” said Schulman.

Although new disease-resistant genes are frequently discovered from various sources, fungi rapidly evolve to overcome them, rendering the majority of the world wheat production susceptible to epidemics. However, Yr15 has been found to be remarkably stable over several decades.

“We now understand why Yr15 is so robust – its structure is highly unusual for a disease-resistance gene. The project showed, though, that related genes are present in many plants, opening the door to widespread use,” Schulman added.

The results of the study ‘Cloning of the wheat Yr15 resistance gene’ sheds light on the plant tandem kinase-pseudokinase family have been published in the September 2018 issue of Nature Communications.

 

© DAILY FINLAND Developed by : orangebd
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          How to Use Video to Attract New Customers      Cache   Translate Page      

The popularity of learning online is skyrocketing. In fact, the World Economic Forum reported that the global market for online education would reach $255 billion last year alone. Online learning even led to the creation of a new industry comprised of companies, like Skillshare and Udemy, offering courses to help professionals learn new skills at […]

The post How to Use Video to Attract New Customers appeared first on SmallBizTechnology.


          Climate politics heating up after the UN releases bombshell report on global warming      Cache   Translate Page      

OTTAWA—The politics of climate change just got hotter.

On Sunday night, the Intergovernmental Panel on Climate Change (IPCC) dropped a bombshell report.

If humanity is to avoid the catastrophic extremes of global warming — widespread extinctions and species loss; an Arctic without sea ice; the disappearance of coral reefs; mass displacement from rising oceans and extreme weather — then governments around the world need to ramp up their efforts to eliminate greenhouse gas emissions, the report concludes.

Citing evidence from more than 6,000 scientific references, the report’s 91 authors outline the path to limiting global warming by 1.5 degrees C above pre-industrial temperatures by 2100 — the target set under the 2015 Paris Agreement. Global greenhouse gases will need to fall by about 45 per cent below 2010 levels within the next 12 years, and then reach “net zero” by 2050, the report says.

This would require “rapid, far-reaching and unprecedented changes in all aspects of society,” such as transportation, energy use and more, as well as the advent of as yet-unproven means of sucking GHGs out of the atmosphere, the IPCC says.

It’s an astonishing prescription, to be sure — but, here in Canada, many expect the IPCC’s alarm to intensify what is already one of the most divisive political issues of our time: climate change and what to do about it.

Read more:

Climate change hit poorest Canadians the hardest, say experts

Ontario’s environmental commissioner slams Ford government over ‘gutted’ climate change policies

Editorial | Now there’s even more evidence to show politicians are wrong to oppose climate change plans

“An issue like climate change, as it is now cast in almost apocalyptic possibilities — that can be very emotionally engaging,” said Frank Graves, president of EKOS Research in Ottawa.

“The latest reports on climate change, and just how imminent the risk is, are only going to reinforce what we see as a rising concern with this.”

The IPCC report comes as the Trudeau government grapples with provincial blowback on its plan to curb GHGs by imposing an emissions tax in provinces and territories that don’t have their own, equally strong carbon-pricing schemes in place. Last week, Manitoba Premier Brian Pallister announced he would pull his support for the climate change plan because Ottawa wouldn’t agree to let the province set a $25-per-tonne emission tax without raising it to $50 by 2022, as prescribed by the Trudeau government.

Alberta’s NDP government also said it won’t raise its existing carbon tax on Trudeau’s schedule, after a federal court quashed approval for construction of the Trans Mountain pipeline expansion in August. And Ontario joined Saskatchewan’s court challenge of the constitutionality of Ottawa’s carbon price plan, after Premier Doug Ford announced he would scrap the cap-and-trade program set up under the previous Liberal government.

Meanwhile, on the federal level, Andrew Scheer’s Conservative Party rails against the government’s carbon price virtually every day, accusing the Liberals of masking a tax grab in the dishonest garb of environmentalism. Scheer says he will unveil his own climate plan before the next general election, though he’s clear that it won’t include a price on emissions.

“I’ve always believed that meaningful action has been required. And that’s one of the things that’s frustrated me about the Liberal plan of just slapping a carbon tax on and hoping it works,” Scheer said in an interview with the Star on Tuesday from India, where he met with the country’s prime minister to discuss selling more Canadian oil and gas to the subcontinent.

“If anything, their singular focus on one particular proposal has shown that they don’t take it seriously,” Scheer said.

Catherine McKenna, Canada’s environment minister, was not available for an interview Tuesday. But in an emailed statement to the Star, she underscored the urgency to act that the report implies, while boasting about the Liberal government’s efforts to reduce emissions and create jobs.

She also fired right back at Conservatives, whom she frequently accuses of having “no plan” to address global warming.

“Climate action should not be a partisan issue,” she said. “It’s time for Conservative politicians to stop playing games with our kids’ future.”

But the report also inspired criticism of the Liberals from the left, where politicians and climate activists argue the Trudeau government needs to do more to confront what may be a defining challenge of the 21st century. NDP MP Niki Ashton attacked the Liberals for maintaining GHG reduction targets set under Conservative prime minister Stephen Harper, and questioned the government’s decision to purchase the Trans Mountain pipeline for $4.5 billion this summer.

“Our collective future depends on us doing the right thing, right now,” Ashton wrote on Twitter.

Dale Marshall, national program director for the activist organization Environmental Defence, said the IPCC report underscores how Canada’s emissions target of a 30 per cent below 2005 levels by 2030 — which Canada is on track to miss, according to government projections — is already inadequate. The federal carbon tax would also need to be ramped up if Canada is to push harder on stricter emissions reductions called for in the report, Marshall said.

“We’ve been sounding the alarm forever and a lot of people keep pushing the snooze button,” Marshall said.

“If there’s anything that’s going to move the needle, I think this report does it.”

But while Graves said his polling with EKOS suggests a majority of Canadians already rank climate change and the environment amongst their top concerns, he said there is still a solid base of voters receptive to the Conservative attack on the carbon tax.

“The fact that we’re still in that situation in Canada is really discouraging and sad, because if this report makes anything clear, it’s that getting to the limit of 1.5 (degrees’ global warming) is going to be challenging, but it is possible,” said Catherine Abreu, executive director of Climate Action Network Canada.

“The one thing standing in our way is political will.”

With files from Alex Boutilier

Alex Ballingall is an Ottawa-based reporter covering national politics. Follow him on Twitter: @aballinga


          PM sticks to guns on petrol, surplus      Cache   Translate Page      
Prime Minister Jacinda Ardern has rejected calls to use the Government's $5.5 billion surplus to chop tax on petrol or raise state spending.
          Bruce Arthur: Canada might have to rescue the Winter Olympics      Cache   Translate Page      

Not to put too much pressure on Canada, especially given the current state of the neighbours, but it may be up to us to save the Olympics. Not the movement itself, of course. There are lots of Canadians like Beckie Scott and Dick Pound and others who are fighting the good fight on existential underpinnings like doping. And thank goodness for them.

But for the moment they appear to have lost that fight. In some ways, the Olympics don’t want to be saved.

When it comes to the 2026 Winter Games, though, Canada may be the only hope. There are only three potential bids, which the International Olympic Committee approved Tuesday: Milan and Cortina D’Ampezzo in Italy (which could be the last Winter Games in central Europe ever, if you think about it), Stockholm in Sweden (plus some sliding in Latvia), and Calgary (plus some events in Whistler, B.C.). Turkey, the autocratic bid, was dropped last week. You know what they say about scapegoat-based autocratic populism these days: they can’t win ’em all.

The IOC, meanwhile, insists there is no Plan B, which is the kind of thing you say when you have great options, right? Salt Lake City is definitely not just sitting there, ready to be an emergency Olympic host and give NBC two straight chances to make the most patriotic possible pile of time zone-friendly money.

But other than a last-ditch Mormon option, or maybe Barcelona, Canada appears to be the safest harbour left. The IOC was effusive, of course. Vice-president Juan Antonio Samaranch Jr. said in the IOC Session in Buenos Aires, “People might say that we only have three candidates. But let me tell you, we do have three candidates … that are extraordinary.” Of Calgary he said, “Calgary is a very big city, Canada is a very developed country, and they can do that any day of the week. There is no problem there.” Of Italy he said, “No doubt they can do the Games.” Of Sweden he said, “Again, it’s a very attractive concept.”

“Any of the three would be a good, trustworthy partner for us. Legacy, guaranteed everywhere. Legacy, I repeat, guaranteed,” Samaranch said. “Nothing that would come out of ’26 would make us feel ashamed in ’46.”

Read more:

Calgary one of three cities remaining in bid race to host 2026 Winter Olympics

Opinion | Bob Hepburn: Why Toronto should bid for the 2024 Olympics

Experts question Calgary BidCo’s claims on economic benefits of Olympics

Very comforting. Toronto has successfully dodged this kind of question, because bids are hard, and getting trickier. The IOC had real trouble in 2022, which went to Beijing because the other option was Kazakhstan, which would have been the modern wagon-and-yak Olympics. Democracies dropped out of winter bidding because people have realized the Olympic Games cost a lot of money and leave you with exotic infrastructure investments whose usefulness expires with the Games. The last three Games — in Sochi, Russia, Rio de Janeiro, and Pyeongchang, South Korea — all left expensive and unwanted leftover behind.

But this time, democracies are back! Well, sort of. After every glowing review of a candidate, Samaranch would sigh and say, “politics.” In Sweden they are still sorting out the recent elections, but to this point there has been almost no government support for the bid. In Italy, it was supposed to be a three-city deal, and then Turin exited, so they are working with a plan that was literally reworked last month.

And Calgary will hold that Nov. 13 plebiscite with no vocal support from the mayor, the premier or the federal government. Still, Canada may be the best bet. Robert Livingstone, the Toronto-based journalist for GamesBids.com, predicted this was how the bidding would come out a year ago, and thinks Calgary has the best chance.

“I think the IOC really wants Europe, if available, with priority on Sweden,” he says. “Calgary wins if it’s the only city left in the race. Which could well happen, if the plebiscite goes ‘yes.’ ”

So will it? The IOC showed a very simple video that extolled the all-too-neat economics of the new Olympics, claiming it will be profitable and clean and will make your children want to exercise. Samaranch said “it’s our job to go out and make people understand that the inspiration, the good things the Olympic Games bring to a community, come with no significant financial risks to that community.”

No significant financial risks! None! It felt like he was selling insurance.

And as the IOC was extolling the new, cheaper, less monolithic New Norm process to keep the cost and negative impact of bidding down, a report from Japan’s board of audit said the Tokyo 2020 bid will cost up to $25 billion (U.S.), up from $7.3 billion (U.S.) in 2013.

The IOC contested this, saying some of the items put under the Olympic umbrella shouldn’t be counted. But as The Associated Press reported, some of the items under dispute included “barrier-free facilities for Paralympic athletes, training programs for volunteers, and advertising and tourism plans.” Also, the audit also said the budget did not include, uh, security costs. Or upgrading the existing buildings that will used during the Games. Or running the doping lab. Well, maybe that’s optional, now.

In Calgary, meanwhile, the security budget is two-thirds that of Vancouver 2010, which seems like the tip of an accounting iceberg. So the people of Calgary will have to decide on the same essential question every non-autocratic nation has to answer: How much do you trust the IOC? Experience would tell you, not much, right? Not much.

But Italy is rickety and Sweden ain’t Eden, and the IOC is sweet-talking promises like never before. Canada might be needed to save the Olympics. Unless the good people of Calgary decide that for all the promises, it’s not worth saving at all.


          Blow Molded Containers Market: Precise Study on Factors, Market Drivers and Key Players Strategies Analyzed Till 2028      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) The broader trends impacting the packaging industry are also influencing the dynamics in the blow molded containers market. Global demand for blow molded containers is likely to reach nearly 33,000 kilo tons by 2018-end, equaling a market value of over US$ 185 billion....
          Reminder: Exactly One Week Ago The New York Times Exposed Trump's Tax "Fraud"      Cache   Translate Page      
Trump continues to be a DDoS-style attack on our democracy's normal circuits of accountability. by Eli Sanders
Trumps small loan of $1 million from his dad was, in truth, worth more than $60 million.
Trump's "small loan" of $1 million from his dad was, in truth, worth more than $60 million. Joe Raedle / Getty Images

One week ago today, The New York Times demolished the self-made billionaire myth that helped Donald Trump become president. How come it already feels as if the Times story never happened?

Yes, there's a lot else going on. Yes, a lot of people already assumed (correctly) that Trump, who lies about pretty much everything, probably lied about his origin story, too. But it takes a certain "method" to make sure a story as big as this Times investigation disappears quickly from the public consciousness, argues journalism professor Jay Rosen:

Read Rosen's whole thread here. He's describing what other people have cast as kind of DDoS attack on our democracy's normal circuits of accountability.

"Flooding the system with too much news, much of it misleading or simply false, not only reduces the weight of any individual story; it has the further effect of keeping opponents in a pop-eyed state of outrage, which in turns shows supporters a hateful image of the other side," Rosen writes.

In this light, patient focus—including the focus it takes to read an article as long as this one—constitutes a form of resistance.

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          How a fake Saudi prince swindled a billionaire Miami developer      Cache   Translate Page      
Turnberry Associates developer Jeffrey Soffer thought he had an offer from the prince of Saudi Arabia to buy the Fontainebleau Miami Beach in 2017 for $140 million more than what it was worth. Negotiations spanned for months, as Soffer allegedly wined and dined the supposed prince and bought him a Cartier bracelet worth $50,000, along with expensive artwork to court his investment, according to Vanity Fair.  In total, he gave the prince $150,000 in gifts. […]
          Google Ends Bid For $10B Pentagon Cloud Contract      Cache   Translate Page      
After the backlash over its participation in projects like Project Maven and Dragonfly, Google will no longer pursue a $10 billion Pentagon cloud contract. “While we are working to support the US government with our cloud in many areas, we are not bidding on the JEDI contract because first, we couldn’t be assured that it […]
          HNA Group looks to unload $11B in assets amid continued selloff      Cache   Translate Page      
Troubled Chinese conglomerate HNA Group is selling off another $11 billion in assets in its latest move to steady the ship. Included is New York’s 850 Third Avenue, though most of the 80 total are in China, according to Reuters. HNA bought the office building in 2016 for $463 million and secured a $342 million refinancing loan for it in June. The buildings for sale were listed in two documents sent to prospective investors in […]
          The average 18 billion birr paid by the public sector for the year is 1/3, which is paid for a period of paid work.      Cache   Translate Page      
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          Republicans: Protesters Are an Unruly Mob — Unless They’re Heavily Armed and Support Us      Cache   Translate Page      
Eric Levitz writes in New York: The Republican Party is the only thing standing between you and “the left’s angry mob” of ideological zealots (who are all, also, the hired hands of a foreign Jewish billionaire, and thus, aren’t genuinely angry, or ideological, or zealous). This is the narrative that Republican lawmakers are pushing in the wake of […]
          President Trump’s trade war has cost Ford Motor Company $1B      Cache   Translate Page      
President Trump’s trade war has already cost Ford Motor Company $1 billion, and now the company plans on laying off employees in a reorganizing effort. Stephanie Ruhle breaks down Ford's losses and what's next for the company.
          Hr Mgr - PARKER HANNIFIN CORP - Grantsburg, WI      Cache   Translate Page      
Founded in 1917, Parker Hannifin Corporation is a $12 billion, global company. By partnering with customers, Parker improves their productivity and...
From Parker Hannifin Corp - Sat, 06 Oct 2018 03:57:01 GMT - View all Grantsburg, WI jobs
          Sales Associate - Hurricane #1907 - Sherwin-Williams - Hurricane, WV      Cache   Translate Page      
WELCOME TO SHERWIN-WILLIAMS Sherwin-Williams is the largest paints and coatings company in the world. With $15.8 billion in sales, more than 4,100 stores,...
From Sherwin-Williams - Tue, 14 Aug 2018 21:47:56 GMT - View all Hurricane, WV jobs
          Machine Set Up and Operator- Fanuc Robotic Assembly-2nd Shift - Parker Hannifin Corporation - Manitowoc, WI      Cache   Translate Page      
Parker is an Equal Opportunity and Affirmative Action Employer. Founded in 1918, Parker Hannifin Corporation is an $11 billion, global company....
From Parker Hannifin Corporation - Wed, 12 Sep 2018 06:26:02 GMT - View all Manitowoc, WI jobs
          Manufacturing Supervisor - Value Stream Team Leader - Parker Hannifin Corporation - Manitowoc, WI      Cache   Translate Page      
Parker is an Equal Opportunity and Affirmative Action Employer. Founded in 1918, Parker Hannifin Corporation is a $13 billion, global company....
From Parker Hannifin Corporation - Thu, 16 Aug 2018 19:41:22 GMT - View all Manitowoc, WI jobs
          Manager, Fund Finance - Brookfield Asset Management - Toronto, ON      Cache   Translate Page      
The Brookfield Infrastructure Group manages three flagship infrastructure private funds with almost $25 billion in AUM on behalf of institutional investors....
From Brookfield Asset Management - Thu, 23 Aug 2018 23:18:51 GMT - View all Toronto, ON jobs
          Associate, Investor Relations - Brookfield Asset Management - Toronto, ON      Cache   Translate Page      
The Brookfield Infrastructure Group manages three flagship infrastructure private funds with almost $25 billion in AUM on behalf of institutional investors....
From Brookfield Asset Management - Thu, 23 Aug 2018 23:18:35 GMT - View all Toronto, ON jobs
          Sci-Fi Locations - Concept Cards      Cache   Translate Page      
Sci-Fi Locations - Concept CardsPublisher: Artemis Games

Sci-Fi Locations is a deck of 56 unique and interesting Locations ready to slot into any sci-fi RPG or story.

Each location details 5 aspect in a concise manner - the structure and appearance, the value and purpose, the inhabitants and the dangers of the location.

If you prefer your locations a little more random, by taking each of the 5 aspects from a different card, using either a D56 or a printed deck, you can create over a billion different possible locations.

Price: $4.00
          Sci-Fi Characters - Concept Cards      Cache   Translate Page      
Sci-Fi Characters - Concept CardsPublisher: Artemis Games

Character Cards are a deck of 56 unique and interesting NPCs ready to slot into any sci-fi RPG or story.

Each character description details their profession, their desires, their appearance and their social standing; as well as a secret that can be used as a plot hook or to create extra character depth.

If you prefer your NPCs a little more random, by taking each of the 5 aspects from a different character, using either a D56 or a printed deck, you can create over a billion different possible characters.

Price: $4.00
          English Football Association looks into claims about Shad Khan amid Wembley sale      Cache   Translate Page      

Sports investor Shad Khan, who owns London-based Fulham FC and the Jacksonville Jaguars, had hoped for a speedy process after launching his $1.02-billion offer for Wembley in April.
          "pRoVen INnoCeNt"      Cache   Translate Page      
Despite everything, Justice Kavanaugh was sworn in to the SCOTUS on the evening of Saturday, Oct 6, by Chief Justice John Roberts. The NY Times has reported evidence of tax fraud from the '70s and '80s; Donald Trump and his family evaded a tax bill that could have been as high as half a billion dollars. Trump is currently the President of the United States. Nikki Haley, ambassador to the U.N., has announced her resignation. The Intergovernmental Panel on Climate Change produced a new report warning of warming by as much as 1.5°C as early as 2040. More shady shit around Trump's 2016 campaign is coming out.

To explain the title: While Kavanaugh was sworn in on Saturday, a matching public ceremony was held on Monday, where Pres. Trump made comments and said (contrary to facts) Kavanaugh had been "proven innocent".

Meanwhile, ethics complaints involving Kavanaugh have been filed with the DC Circuit Court, but will probably now be dropped.

Shady Campaign Shit:
• Trump Campaign Aide Requested Online Manipulation Plans From Israeli Intelligence Firm (NYT), in which Trump campaign official Rick Gates requested proposals to use fake online identities and social media manipulation for the campaign and a suspicious Trump Tower meeting with the owner of the intelligence firm, George Nader, Erik Prince, and Donald Trump Jr.

• GOP Operative Secretly Raised at Least $100,000 in Search for Clinton Emails; Opposition researcher's efforts are of intense interest to investigators probing Russian election interference (WSJ/@WSJ) Including his own $50K contribution Peter W. Smith raised a total of $150K for the nonexistent "the Washington Scholarship Fund for the Russian students".

• The FBI freezes the assets of Russian oligarch Oleg Deripaska. Meanwhile, onetime Deripaska employee Paul Manafort faces asset forfeiture, including his Trump Tower condo.

Other news:
ActBlue is highlighting a Great Slate of new progressive candidates.

Ted Cruz declines a debate, so challenger Beto O'Rourke gets an hour on national TV by himself. Star-Telegram with a headshot of O'Rourke that makes him look weirdly like the guy in American Psycho.

Invisible Primary 2020: Cory Booker gives 'the speech of his life' in Iowa, Kamala Harris plans an Iowa visit, and Elizabeth Warren says she'll take a 'hard look' at running for president.

Maybe Dumbing it Down is Good Politics - Martin Longman, Washington Monthly; research has emerged showing that lower verbal and cognitive ability is predictive of Trump support

Reuters, Lawrence Hurley, U.S. top court rebuffs appeal of Kavanaugh ruling nixing climate rule: a 2015 regulation on HFCs was struck down in 2017, coincidentally by Judge Kavanaugh. The SCOTUS is letting it stay struck down.

HuffPo, Mary Papenfuss, Watchdog Group Calls For Probe Of Nikki Haley Flights Funded By Businessmen

Mother Jones, Rebecca Leber, This Oil Lobbyist Is the Real Power Behind Trump's Interior Department

NY Mag's Grub Street reports, Government Drops Deportation Case Against Pizza Deliveryman Pablo Villavicencio

AP, Deported parents may lose to adoption

Buzzfeed, Hamed Aleaziz, ICE Attorneys Were Told Last Year To Stop Using Their Discretion In Immigration Cases

Taylor Swift makes an Instagram post endorsing Philip Bredesen, who is running for Congress in Tennessee. Dudes are mad about it, but she may have sparked a surge in voter registrations.

Previously in U.S. Politics FPPs: 'Indelible in the Hippocampus is the Laughter')

Remember to check your voter registration: voter registration deadlines are upon us.

As always, please consider MeFi chat for hot-takes and live-blogging breaking news, the current MetaTalk venting thread for catharsis and sympathizing, and funding the site if you're able. Also, for the sake of the ever-helpful mods, please keep in mind the MetaTalk on expectations about U.S. political discussion on MetaFilter.

Per the July 28 Metatalk discussion, we should expect and plan for another thread next Monday, Oct 15th. Thank you to the users who contributed to drafting this post on the MeFi wiki.

          NIO Soars After Tesla's Biggest Outside Investor Takes An 11% Stake In Its Chinese Rival      Cache   Translate Page      

According to regulatory filings published on Tuesday, the largest outside investor in Tesla - Baillie Gifford & Co - has taken an 11.44% stake in newly listed NIO Inc., a company that aspires to be a direct rival to Tesla in China.

Baillie Gifford disclosed that it owns 85.3 million shares of the Shanghai-based company. As of the end of day on Tuesday, that stake was worth about $500 million. NIO recently raised about $1 billion during its IPO last month and has its United States headquarters in San Jose, California just about 17 miles from Tesla's Fremont factory.

Baille Gifford owns 7.7% of Tesla, the second largest stake only to CEO Elon Musk's stake. At the close of the market on Tuesday, this stake was worth about $3.5 billion.

News of the new position sent NIO shares soaring by 39%, including its after hours gain.

Right now, NIO is working on ramping up production of its first commercial product: the ES8 sport utility vehicle.

As a reminder, James Anderson, a Gifford fund manager, had sent a letter to Elon Musk back in July letting him know that he was not happy about Musk's his Tweets about cave diver Vern Unsworth, who Musk labeled as a "pedo".

Then, in September of this year, it was reported that Gifford had been questioned by the SEC about Musk's "funding secured" tweet fiasco. 

"[Musk] needs help, and I mean that psychologically as much as practically," Anderson told the Globe and Mail last month. 

Perhaps Gifford has grown tired of all of the extra work that comes with being a Tesla shareholder although, so far, there is no indication that it has sold any of their Tesla stake. 

"We are very supportive, but we would like peace and execution at this stage. It would be good to just concentrate on the core task," Anderson told Bloomberg back in July, about 2 months before Elon Musk was sued by the SEC for securities fraud. 

While the move could be simply for diversification purposes, it certainly is a stark reminder that there are other options for those who want to sink money into (money losing) electric vehicles. And should Elon’s behavior become even more erratic, these "other options" will only start to look more and more attractive.


          Google Lied About "Dragonfly" China Censorship Project According To Leaked Transcript      Cache   Translate Page      

According to a leaked transcript, Google lied to the media regarding their secretive Chinese search engine, according to The Intercept.

The project, code-named Dragonfly, would blacklist phrases like "human rights," "student protest," and "Nobel Prize," and has resulted in at least seven Google employees quitting for ethical reasons. Other employees have circulated a letter recognizing a "code yellow" emergency, suggesting that the Dragonfly initiative violates Google's ethical code, which states that the company will not build or deploy technologies "whose purpose contravenes widely accepted principles of international law and human rights," according to The Intercept

The project has also drawn criticism from human rights groups, congressional legislators and Vice President Mike Pence - who called on the search engine giant to "immediately end development of the Dragonfly app that will strengthen the Communist Party’s censorship and compromise the privacy of Chinese customers."

Google, meanwhile, lied in their attempts to downplay the project

In late September, longtime Google exec and search engine chief Ben Gomes told BBC News: "Right now, all we’ve done is some exploration," adding "but since we don’t have any plans to launch something, there’s nothing much I can say about it."

That answer, according to one Google source, was "bullshit" according to The Intercept, which published a leaked transcript from a July 18 meeting that tells a completely different story

You have taken on something extremely important to the company,” Gomes declared, according to a transcript of his comments obtained by The Intercept. “I have to admit it has been a difficult journey. But I do think a very important and worthwhile one. And I wish ourselves the best of luck in actually reaching our destination as soon as possible.” -The Intercept

Gomes said he hoped the censored Chinese search engine could be launched between six and nine months, but it could be sooner. "This is a world none of us have ever lived in before," he said. "So I feel like we shouldn’t put too much definite into the timeline."

In September, Google executive Keith Enright told the Senate Commerce, Science and Transportation Committee that project Dragonfly exists, however he said "we are not close to launching a product in China," though he refused to elaborate, claiming that he was "not clear on the contours of what is in scope or out of scope for that project."

Gomes’s remarks to staff, which can be read in full below, highlight the stark contrast between Google’s public and private statements about Dragonfly. The secretive project has been underway since spring 2017 — and has involved about 300 employees, the majority of whom have worked full-time on the plan. It was far beyond an “exploration,” and the plan to launch it was well-developed, as some of Google’s own employees have themselves highlighted in recent weeks, despite the company’s efforts to suppress such information. -The Intercept

Gomes's comments also explain why Google is interested in returning to China after making a big deal about leaving the communist country in 2010 because they "could no longer continue censoring our results" over free speech and security concerns. 

In explaining to staff why the work on Dragonfly was “extremely important,” Gomes referenced the sheer size of the Chinese market, saying “we are talking about the next billion users” for Google. He also called China “the most interesting market in the world today.” “By virtue of working on this,” Gomes added, “you will act as a window onto this world of innovation that we are otherwise blind to.” -The Intercept

In other words, Google is compromising its ethical commitment for money. 

Ben Gomes Addresses Google Staff Working on Dragonfly, July 18, 2018:

"I think this has been a long haul for many of you, I just want to acknowledge that first of all. Many of you have started working on this a while back. It’s not been easy working on a project with no obvious outcome. Thank you for that. In doing so you have taken on something extremely important to the company — our basic mission of serving all of the world’s users. Along the way, I think there are many benefits that come to us that are auxiliary, not just from the direct work, but from all of the auxiliary things of working in China.

There are two ways in which I think about Google. One of them is technology and the other one is product and serving users. So from the point of view of serving users, there is no question — we are talking about the next billion users. But actually I was looking at it, there’s like 5 billion adults in the world, so why are we thinking about the next billion users? Well, some of them are not enabled, internet-enabled, and so on. And of the people who are internet-enabled, a huge fraction of the ones we are missing out are in China.

And so the opportunity there is — all of you will know this, but — it’s clearly the biggest opportunity to serve more people that we have. And if you take our mission seriously, that’s where our key focus should be. That doesn’t mean it’s going to be easy. Many of these things are not easy, and you all know this now from personal experience. Also given the political climate. The future is very unpredictable. Six to nine months [to launch]. But we couldn’t have predicted the last three days of politics, let alone the last year of politics, [or] the last two or three years of politics. So we just don’t know what the future holds in some ways. We have to be focused on what we want to enable, and then when the opening happens we are ready for it.

And you guys have been working in that capacity and it’s not easy. We are working with you to make sure your careers are not affected by this. The difficult part is to maintain motivation on such a long haul. But that’s true of many difficult and worthwhile journeys. To maintain that motivation along the way, so that when you do reach that goal, it’s all the sweeter. I also want to say — I didn’t expect we’d be able to make the changes from a search perspective that we’ve been able to. So I think there’s a slide on this? There are improvements, and I thought that because we didn’t have all the signals from China, I thought we may make marginal progress and we’ll do our best. But you guys … this is really pretty amazing to me that we made this much progress. … When you begin to pay attention to things, things really do get a lot better, and the coverage, the improvements the team has made, I am so grateful for the work you have put in.

The second part of what I think we do that is the value of going into China, is that China I think is one of the most interesting markets, arguably the most interesting market in the world today. Just by virtue of being there and paying attention to the Chinese market, we will learn things, because in many ways China was leading the world in some kinds of innovation. We need to understand what is happening there in order to inspire us. It’s not just a one-way street. China will teach us things that we don’t know. And the people, as you work on this, both in the Chinese offices and elsewhere, paying attention to the things that are happening there is incredibly valuable for us as Google, potentially not just in China, but somewhere else entirely.

Everybody is aware of some of the key models, business models, that have changed in China. But I am sure there are more, other innovations we are not aware of today. And by virtue of working on this, you will act as a window onto this world of innovation that we are otherwise blind to. So overall I just want to thank you guys for all the work you have put in. I ask for your patience for continuing on this for a while longer. And I have to admit it has been a difficult journey. But I do think a very important and worthwhile one. And I wish ourselves the best of luck in actually reaching our destination as soon as possible.

While we are saying it’s going to be six and nine months [to launch], the world is a very dynamic place. A few weeks back, nobody would have predicted that the U.S. president would blame the U.S. for issues with Russia, and the Russian foreign ministry would respond [on] Twitter saying, “We agree.” And so the good or bad thing about this is, he’s shaken things up so much that things can radically change quickly. So at some level, at our scale, we need to maintain that optionality, in case suddenly the world changes or he decides his new best friend is [Chinese President] Xi Jinping. This is a world none of us have ever lived in before. So I feel like we shouldn’t put too much definite into the timeline too.

All I am saying, we have built a set of hacks and we have kept them. If there is a way to sort of freeze some of it, so it can be brought off the shelf and quickly deployed while we are dripping it all out, and changing it, we should take the long-term view. The pace of the world is changing. There is a huge binary difference between being launched and not launched. And so we want to be careful that we don’t miss that window if it ever comes."


          Project Insight-Airport Construction Projects: Europe      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) GlobalData’s Construction Intelligence Center (CIC) is currently tracking airport construction projects in Europe with a total value of US$145.8 billion. Of this, US$66.0 billion is in the planning stage. The UK accounts for the highest value with US$50.7 billion,...
          Account Manager - CLARIANT - Grande Prairie, AB      Cache   Translate Page      
In the financial year 2017, Clariant recorded sales of CHF 6.377 billion for its continuing businesses. Grande Prairie, Alberta, Canada....
From CLARIANT - Tue, 11 Sep 2018 22:25:33 GMT - View all Grande Prairie, AB jobs
          Technical Specialist - CLARIANT - Grande Prairie, AB      Cache   Translate Page      
In the financial year 2017, Clariant recorded sales of CHF 6.377 billion for its continuing businesses. Grande Prairie, Alberta, Canada....
From CLARIANT - Mon, 10 Sep 2018 16:25:41 GMT - View all Grande Prairie, AB jobs
          Sales Representative - CLARIANT - Toronto, ON      Cache   Translate Page      
In the financial year 2017, Clariant recorded sales of CHF 6.377 billion for its continuing businesses. Toronto, Ontario, Canada....
From CLARIANT - Wed, 18 Jul 2018 16:25:29 GMT - View all Toronto, ON jobs
          Junior Field Service Technician - CLARIANT - Estevan, SK      Cache   Translate Page      
In the financial year 2017, Clariant recorded sales of CHF 6.377 billion for its continuing businesses. Estevan, Saskatchewan, Canada....
From CLARIANT - Fri, 28 Sep 2018 16:25:48 GMT - View all Estevan, SK jobs
          Manager, HEF Credit Risk Analytics - RBC - Toronto, ON      Cache   Translate Page      
Use data to generate insights and support HEF portfolio analytics (~$275 Billion) across the entire credit value chain and identify trends that support...
From RBC - Tue, 09 Oct 2018 22:25:59 GMT - View all Toronto, ON jobs
          Smart Agriculture Market to Register a CAGR of 11.5% during 2018-2025: Global Industry Overview      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) Global Smart Agriculture Market is expected to grow from US$ 11.30 billion in 2016 to US$ 30.01 billion by 2025 at a CAGR of 11.5% between 2017 and 2025. Asia Pacific is one of the prominent regions in smart agriculture market which will contribute highest revenue...
           Agriculture And Farm Equipment Market 2018 – Outlook, Huge Growth, Regional Analysis Till 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) Global Agriculture and Farm Equipment Market Analysis According to Verified Market Intelligence, The Global Agriculture and Farm Equipment Market was valued at USD 166.5 Billion in 2017 and is projected to reach USD 244.7 billion by 2025, growing at a CAGR of...
          Vertical Farming market Research Report 2018: Determined By Business Overview, Company Profile, Products, Services And Solutions Prediction 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) Global Vertical Farming Market Analysis According to Verified Market Intelligence, the Global Vertical Farming Market was valued at USD 2.03 Billion in 2017 and is projected to reach USD 10.96 Billion by 2025, growing at a CAGR of 23.7% from 2018 to 2025. What...
           Polymer Coated Fabrics Market 2018 – Outlook, Huge Growth, Regional Analysis Till 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) Global Polymer Coated Fabrics Market Analysis According to Verified Market Intelligence, The Global Polymer Coated Fabrics market was valued at USD 17.40 billion in 2016 and is projected to reach USD 24.77 billion by 2025, growing at a CAGR of 4.0% from 2017 to...
          Feeding Systems Market – To Grow in the Coming Years, New Research explores Factors Responsible 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) Global Feeding Systems Market Analysis According to Verified Market Intelligence, The Global Feeding Systems Market was valued at USD 0.90 billion in 2017 and is projected to reach USD 1.69 million by 2025, growing at a CAGR of 8.2% from 2018 to 2025. What is...
          Sales Support Coordinator - Purpose Investments - Toronto, ON      Cache   Translate Page      
Purpose Investments is an IFM, PM and EMD and along with a number of affiliates manages $5.5 Billion in investment fund assets....
From Purpose Investments - Fri, 28 Sep 2018 03:10:21 GMT - View all Toronto, ON jobs
          Compliance Officer - Purpose Investments - Toronto, ON      Cache   Translate Page      
Purpose Investments is an IFM, PM and EMD and along with a number of affiliates manages $5.5 Billion in investment fund assets....
From Purpose Investments - Fri, 21 Sep 2018 03:09:23 GMT - View all Toronto, ON jobs
          10/9/2018: NEWS: 100,000th visitor welcomed to Dundee’s V&A museum      Cache   Translate Page      

THE new V&A Dundee has welcomed its 100,000th visitor in less than a month since opening. The museum designed by Japanese architect Kengo Kuma, part of the city’s £1billion waterfront regeneration, opened its doors on September 15. Grandmother Sheila...
          The One with the New Commuter Rail Station      Cache   Translate Page      
Todd Hitt wanted to be big-time, but his lies have landed him in handcuffs. He claimed that the firm he founded, Kiddar Capital, had over $1.4 billion in assets under management, offices in Falls Church, Houston, Palm Springs, and London, and was put $6 million of the firm’s money into developing a Herndon, Virginia building adjacent to a future stop on the Silver Line of the D.C. Metro. According to a complaint by the Securities and Exchange Commission and the Department of Justice, none of that was true. Mr. Hitt solicited investors into the real estate deal, with Kiddar putting in $6 million, investors putting in $6 million and the rest of the capital from a $24 million bank loan. Mr. Hitt was good at the fundraising because he raised almost $10 million, some of that coming after the offering closed. The capital needs of the project were reduced by seller credits, requiring less than $9 million in equity after the bank loan. The complaints allege that Hitt transferred…
          Occupancy Sensor market Research Report 2018: Determined By Business Overview, Company Profile, Products, Services And Solutions Prediction 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) Global Occupancy Sensor Market Analysis According to Verified Market Intelligence, The Global Occupancy Sensor Market was valued at USD 1.61 billion in 2017 and is projected to reach USD 6.33 billion by 2025, growing at a CAGR of 18.7% from 2018 to 2025. What...
          US Official: US Foreign Military Sales Total $55.6B, Up 33 Percent       Cache   Translate Page      
Sales of U.S. military equipment to foreign governments rose 33 percent to $55.6 billion in the fiscal year ended Sept. 30, a U.S. administration official told Reuters on Tuesday. The increase in foreign military sales came in part because the Trump administration rolled out a new "Buy American" plan in April that loosened restrictions on sales while encouraging U.S. officials to take a bigger role in increasing business overseas for the U.S. weapons industry. There are two major ways foreign governments purchase arms from U.S. companies: Direct commercial sales, negotiated between a government and a company; and foreign military sales, where a foreign government typically contacts a Department of Defense official at the U.S. embassy in their capital. Both require approval by the U.S. government. About $70 billion worth of foreign military sales notifications went to Congress this year, slightly less than the year before, the administration official said. The $55.6 billion figure represents signed letters of agreement for foreign military sales between the United States and allies. The largest U.S. arms contractors include Boeing, Lockheed Martin, Raytheon, General Dynamics and Northrop Grumman.
          Banks sign up to William’s mission to disrupt illegal wildlife trade      Cache   Translate Page      
Financial institutions have committed to tackling the multibillion-pound criminal trade in poached products such as rhino horn and elephant tusks.
          Google appeals EU's $5 billion fine over Android antitrust practices - CNET      Cache   Translate Page      
The search giant is pushing back against an EU decision, which found the company had engaged in illegal practices to strengthen its dominance in search.
          What will the government do with the surplus?      Cache   Translate Page      
Treasury released its financial report for the year to July, and the news is very good for the government. With a surplus of $5.5 billion, it has already reached its 2022 debt target, three years early. Wow. Fantastic news, guys. You go get ’em! Of course, as we all know, this has little to do […] The post What will the government do with the surplus? appeared first on Whale Oil Beef Hooked | Whaleoil Media.
          US greenlights more than $54 billion in military equipment to foreign governments      Cache   Translate Page      
The U.S. sold more than $54 billion in military equipment to foreign governments in the last fiscal year, according to the Pentagon's top financial officer.
          Here's how many homes are currently threatened by Hurricane Michael      Cache   Translate Page      
Hurricane Michael is expected to make landfall Wednesday, threatening 57,002 homes along the Florida Gulf Coast. An early analysis by CoreLogic indicates that the Category 3 storm has an estimated reconstruction cost value of approximately $13.4 billion.
          Environmental Remediation Market boosting the growth Worldwide: Market dynamics and trends      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) Global Environmental Remediation Market Analysis According to Verified Market Intelligence, The Global Environmental Remediation Market was valued at USD 85.51 Billion in 2017 and is projected to reach USD 152.23 Billion by 2025, growing at a CAGR of 7.5% from...
          HVAC Systems Market Industry Survey, Market Size, Competitive Trends, Outlook and Forecasts To 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) According to Verified Market Intelligence, the Global HVAC Systems Market was valued at USD 172.21 Billion in 2017 and is projected to reach USD 279.30 Billion by 2025, growing at a CAGR of 6.3% from 2018 to 2025. Heating, Ventilation and Air Conditioning System,...
          Deception Technology Market Segment by Application, Size, Trend, Overview, Gross Margin and Forecast To 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) The Global Deception Technology Market was valued at USD 1.21 billion in 2016 and is projected to reach USD 3.01 billion by 2025, growing at a CAGR of 15.32% from 2017 to 2025. Deception Technology is a classification of a group of techniques and tools in the...
          Domestic tourists spent £70 billion in England in 2017      Cache   Translate Page      
The national tourism agency VisitBritain/VisitEngland announced the latest figures for the tourism industry in England.

[[ This is a content summary only. Visit ftnnews.com for full links, other content and more! ]]

          E-Paper Display (EPD) Market is Expected to Reach USD 5.95 billion by 2023 with Leading Players E Ink Holdings, Plastic Logic, Cambrios Technologies Corporation, Amazon Liquavista, Clearink Display      Cache   Translate Page      
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          1 of oldest coal companies in U.S. files for bankruptcy      Cache   Translate Page      
<br/>FILE - This file photo taken May 25, 2013, shows an aerial view of Colstrip power plants 1,2,3 & 4 and the Westmoreland coal mines near Colstrip, Mont. Westmoreland Coal Co. of Englewood, Colo., filed for bankruptcy Tuesday, Oct. 9, 2018, to deal with steep debt and declining world demand. Company officials say the Chapter 11 filing is part of a restructuring agreement with an unnamed group of lenders. Company officials say operations won't be interrupted and there are no expected staff reductions. Westmoreland has coal mines in Montana, Wyoming, New Mexico, Ohio, North Dakota and Texas and a coal-fired power plant in North Carolina. (Larry Mayer/The Billings Gazette via AP, File)
HELENA, Mont. -- One of the oldest coal companies in the United States filed for bankruptcy protection Tuesday to deal with more than $1.4 billion ...

          Aquaculture Products Market worth $42.56 Billion by 2023      Cache   Translate Page      
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          Attempts to Minimize Inheritance Tax      Cache   Translate Page      
Previous entries in our blog have covered inheritance taxes in the United States and other jurisdictions and President Trump’s proposed elimination of the tax altogether.  Recent news coverage has zeroed in on how the family of the American president has allegedly evaded over half a billion dollars in tax liabilities that should have been paid on the transfer of significant family wealth. Certain exceptions apply, but inheritance tax (more frequently referred to as “death tax” by President Trump himself) of 40% typically applies to assets of American estates beyond an initial value of $11.18 million.  This means that estates up to this size are exempt from inheritance taxes, while the wealthy engage in complex planning strategies to minimize tax liabilities triggered by death (some of which mirror those used by Canadians in an effort to avoid payment of estate administration taxes on assets administered under a probated…
          Ammunition Market Is Poised To Reach USD 16.07 Billion By 2024: Grand View Research, Inc.      Cache   Translate Page      
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          Casino Management System Market Size Worth $11.73 Billion by 2025: Grand View Research, Inc.      Cache   Translate Page      
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          Spa Industry Reports Record High Revenues       Cache   Translate Page      
ISPA's latest report shows the industry has surpassed the $17.5 billion revenue mark.
          10/9/2018: OPINION: Yes. Removal represents intelligent city building      Cache   Translate Page      

No major city on Earth is building an elevated expressway on its waterfront. So why is Toronto about to spend $1 billion to rebuild a 1.7-km crumbling Gardiner Expressway from Jarvis St. to the Don River? The current election is an ideal time to...
          ten billion times stronger than steel: scraping under the surface of a neutron star      Cache   Translate Page      

Nuclear pasta isn’t exactly an awe-inspiring name, but it may be the strongest substance in the universe and it’s found in only in the crust of neutron stars.

The post ten billion times stronger than steel: scraping under the surface of a neutron star appeared first on [ weird things ].


          Keep info safe during Cyber Security Awareness Month - DVIDS (press release)      Cache   Translate Page      

Keep info safe during Cyber Security Awareness Month
DVIDS (press release)
KAISERSLAUTERN, Germany – With 4.2 billion users around the world surfing the internet, ensuring your information is safe in cyberspace can be daunting. During October's National Cyber Security Awareness Month, users can educate themselves on how ...


          Google challenges record $5 billion EU antitrust fine      Cache   Translate Page      
Alphabet unit Google on Tuesday challenged a record 4.34-billion euro (£3.8 billion) fine imposed by European Union antitrust regulators three months ago for using its popular Android mobile operating system to thwart rivals.

          Google Drops Out of Pentagon’s $10B Cloud Competition, Says Deal May Clash With Its AI Values      Cache   Translate Page      

CircleID CircleID: Alphabet Inc.’s Google has announced that it will not compete for the Pentagon’s cloud-computing contract with an estimated value of $10 billion; says the project may conflict with its corporate values on artificial intelligence. Aaron Gregg reporting in the Washington Post: "The contract, known as the Joint Enterprise Defense Infrastructure, or JEDI for short, calls for a massive cloud-computing infrastructure that can handle classified U.S. military data and enable new defense capabilities. Bids are due Oct. 12. In a statement to The Washington Post, Google said it is dropping its bid for ethical reasons and because it lacked certain government certifications."

According to Tech Workers Coalition, an advocate for giving employees a say in technology company decisions, Google’s decision to withdraw from the cloud competition was due to pressure from thousands of workers, not AI principles. Tweeted today: "Google had every intention of bidding for, and possibly winning, the JEDI contract. They spent considerable resources and hours of top executive time courting military officials to do exactly this. They only dropped out due to sustained employee pressure."
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          Press Conference with the Minister for Health and the Minister for Senior Australians & Aged Care      Cache   Translate Page      

Photo: AAP Image/Joel Carrett

PRIME MINISTER: I’m very pleased to be joined by the Minister for Health Greg Hunt and the Minister for Senior Australians and Aged Care Ken Wyatt. We’re here to announce today the Royal Commission into Aged Care Quality and Safety. Just over three weeks ago, I announced together with Greg and with Ken our intention to go forward to establish this Royal Commission. Since then, we have undertaken a very extensive consultation process and I want to thank the more than 5,100 Australians who have engaged with us over the last several weeks as we have worked together, together to form this terms of reference to drive this inquiry. I also had the opportunity, as Ken and Greg did, to meet with many of the sector representatives and many of those stakeholders right across the sector to ensure we had a very keen understanding of the priorities that needed to be addressed as we brought this Royal Commission together.

So I am pleased today to announce the Royal Commission into Aged Care Quality and Safety has been formally established by the Governor General. I am also very pleased to announce that the commissioners, the Honourable Justice Joseph McGrath and Ms Lynelle Griggs AO have been appointed by the Governor General to lead this important task. Both these individuals have had an enormous volume of experience, an exemplary record of Australian public service throughout their careers, in their respective fields and I am very grateful that they have taken up the invitation to undertake this very important task. They will need to determine the full extent of the problems in aged care and to understand how we can meet the challenges and the opportunities of delivering aged care services now and into the future. This is very much looking at what has happened, but it is also very much about understanding what needs to be done into the future. It is a very future-focused Royal Commission, but we are going to learn from the mistakes and the problems of the past as well.

The Commission will be required to submit their final report to the Governor General no later than, and I stress no later than, the 30th of April 2020, and to provide an interim report no later than the 31st of October 2019. Of course, if the Royal Commission is in a position to provide an earlier report if they believe that they are in a position to do so.

Our Government is committed to providing older Australians with access to care that supports their well-being, the dignity that they deserve, the choices that they are seeking, the comfort and the assurance that their families demand when it comes to making the biggest decision, often, that they have to make about the care of someone they love so deeply. And we need to do it in a way which recognises the contribution of those Australians who are being cared for. Their commitment over a lifetime as an Australian to our community and the service that they have provided. The Royal Commission will be the first step in re-establishing the trust that loved ones will be treated with dignity and respect.

The Royal Commission will be based in Adelaide, but it will also undertake hearings around the country. It will also have the opportunity to take evidence over video and other formats to ensure that people have the opportunity to participate in this very important Royal Commission. We will also recognize, at the end of the day, this is what it is really all about, and this is the major feedback that we have had over the last few weeks as we have consulted, as I said, more than 5,100 Australians. And that is that we need to establish a national culture of respect for senior Australians and Australians as they age. It’s that culture of respect that actually ensures that people are treated with dignity and the care that they deserve.

Now I know right across the sector, as does Ken and as does Greg, we have people working in aged care facilities, caring for young Australians with disabilities living in a residential aged care environment. Those providing in-home care services which are all covered by the terms of reference that we released today. We know that they work hard to provide exactly that care. But we also know that there are too many instances where that has not occurred. So we want to commend those who get up every day and work in our residential aged care facilities and provide that deep loving care that they do every single day they go to work. And I know that they would want, they would want, that all those who they support can have the confidence that all of their friends and all of their families can have confidence about the level of support and care that is provided in our aged care facilities.

So this is an important inquiry, we are very pleased to be in a position that we can do it. I think the country is going to have to brace itself for some difficult stories, some difficult circumstances, some difficult experiences. But that’s part of this process of the Royal Commission, to confront these stories honestly and to confront them in a way that helps us learn, to ensure that they are not repeated in the future. And at the end of the day, the national culture of respect for senior Australians and Australians as they age can become something that as a key outcome, a key product, a key deliverable of undertaking this very important task. I’m going to ask Greg to make a few points about the terms of reference. It mirrors very much what was first outlined a few weeks ago, but there are important additions to that as we have gone through the consultation process and I will also ask Ken to make a few remarks. Thank you. Greg.

MINISTER FOR HEALTH, THE HON GREG HUNT MP: Thanks very much, Prime Minister. This Royal Commission is about respecting and protecting older Australians. As Scott said, ultimately, it is about helping to build a national culture of respect for ageing and our senior Australians, and if we can achieve that, then everything else will follow. So in a way, this could be the most important legacy of everything that we do. By helping to build and helping to foster that culture of respect. In terms of the Royal Commission itself, the commissioners, Justice Joseph McGrath from the Supreme Court of Western Australia, and Lynelle Briggs, former public service Commissioner, former head of Medicare, distinguished career in public service but also now operating within the private sector as well, will bring a fearless and a frank approach. They have been selected, not just because of their history, not just because of their capabilities, but because they will bring a culture of caring and concern, but a frank and fearless approach to the findings that they will make. So now it falls to them to hear the stories, to listen to the concerns of families, to be the custodians of care and concern and future protection for older Australians.

We know, as the Prime Minister says, there will be some difficult times and some difficult stories, but above all else, this is about the future and laying out a foundation for the years to come. That is why the terms of reference are deliberately broad. They deal in particular with the quality and safety in relation to any examples of substandard care, how best to deliver care services, how best to deliver for the increasing number of Australians with dementia. The future challenges and opportunities for delivering accessible and affordable high-quality care. What the government and the aged sector community can do in relation to ensuring quality and safety, allowing people greater choice and control, best delivering services through innovative care and investment and in particular noting the importance of providing options for young people with disabilities who have been placed in an aged care environment and there is also the broad power for the commissioners to examine any matter that they believe are relevant to their inquiries. So they have an area of focus, but they are not constrained in the areas that they can examine as part of that.

So ultimately, this Commission has come about because of the concerns of the Government and the public because of the needs of the present and the importance of planning for the future, but if, at the end of the day, it contributes not just to better care, but a stronger national culture, then it will have been an abiding legacy of decades and generations to come.

MINISTER FOR SENIOR AUSTRALIANS & AGED CARE, THE HON KEN WYATT MP: Thank you very much. This Royal Commission has come about because our Government has listened. We have listened to the families who have been affected, we’ve been listening to those on the ground who have expressed their views. What we want is an aged care sector that is viable and is strong well into the future. A workforce that is trained to meet the needs of people who live not in residential care but in their homes, who have the level of support that is provided.

Geographically, we are a diverse nation. We are a nation of diverse people and in the context of the work that the Royal Commission will undertake, then they will consider the matters that are raised with them by the public during the consultation process. Our Government has been committed to building a stronger and better aged care sector for those who choose to live at home and for those who choose to go into residential aged care. And working with the structures and the structural reforms that are needed, this will give all Australian families a high degree of certainty that the quality of care that is provided in any setting in which they find a loved one will give them the assurance that they will live a quality lifestyle but live with the certainty of knowing that the wrap around services that they need to give them a safe sense of living will be provided into the future.

So I’m looking forward to the work being undertaken, and I certainly thank the Prime Minister for announcing this Royal Commission, which will give Australians greater certainty around aged care.

PRIME MINISTER: Thank you Ken. Well thank you also to Greg and Ken for the great job they’ve done in pulling this together and now the work gets on with it. Happy to take questions on this, let's stay with the Royal Commission at first. I'm sure there are a few other items of the day that we can cover on politics but on aged care?

JOURNALIST: This interim report by 31 October next year, is that enough time?

PRIME MINISTER: I would think so, but again, as is the case with any of these matters, if more time is required, more time will be given. That will be something that will be determined by the Royal Commissioners themselves. Having just announced it, I wouldn’t want to be prejudging those sorts of things. I think that they will get about the task and as is the case always with these sorts of inquiries, if more time is needed or requested, more time is given.

JOURNALIST: Does the Government anticipate that it will implement all the recommendations that are made by this Commission?

PRIME MINISTER: Well again, I’m not going to prejudge the inquiry I think it’s important- I mean we wouldn't be commissioning such an inquiry, if we didn't have such an intention to listen carefully as to what the outcomes and recommendations of the Royal Commission are. That’s why you commission a Royal Commission of this nature.

So, I look forward to it. I look forward to it because I think this will be a watershed in dealing with one of those most difficult of challenges that we have as a society. We are an ageing society like many other countries around the world and demands on our aged care system are changing. This as an important part of the inquiry, I really want this point to be made; it isn't just about the terrible incidents and the neglect and the abuse that have occurred, it’s about how we are going to deal with this problem and this challenge into the future.

More people thankfully are being able to make decisions to remain in their home for longer. That means as they enter into the residential aged care system, their needs are more acute. Last week I was with David Coleman, down in Hurstville and I was talking to leaders of the Chinese community. We are seeing whole cohorts of people from different ethnic groups in Australia now, who have come out in their 20s and 30s and helped build this country and they are now very much moving into the aged care sector. There are particular needs for those types of communities. So, you know, our country is ageing and that brings with it great challenges. What we need to ensure is that culture of respect and that dignity is provided to those senior Australians as they age.

JOURNALIST: There have been some concerns that some of the current reforms will be put on hold or delayed? For example the establishment of the Quality and Safety Commission.

PRIME MINISTER: No they won’t be. We’ll be moving ahead with all of those.

JOURNALIST: So the Commission will be established on the 1st of January next year?

PRIME MINISTER: We will be pushing ahead with all of those, it’s important. Look, the Royal Commission is of course important and it is in addition to all of the things we have already initiated. All of the additional funding we’re already providing and we will be getting on with our job as a Government to deliver quality aged services around the country. The Royal Commissioners will be getting on with their job independently, looking into these issues now and how they’re going to  apply into the future.

MINISTER FOR HEALTH: And in fact, we have just passed legislation to review standards as well as having introduced legislation for the quality and safety commission.

JOURNALIST: If you wanted to encourage good people to join this workforce, is there going to be any financial incentives to help people work in the aged care sector?

PRIME MINISTER: I think these are one of the many issues that will be canvassed by the Royal Commissioners over the course of the inquiry. It’s workforce issues, it’s capability, it’s training, it’s sustainability. They have been the subject of previous inquiries and there have been some mixed recommendations that have come from those. So this is another opportunity I think to test what is really needed here and I’m looking forward to those outcomes as well. Anything else on aged care?

JOURNALIST: Just one last one, will the commission be looking at staffing ratios as part of it’s-?

PRIME MINISTER: Well the general issues of the workforce and how it’s engaging in the sector are covered in the terms of reference. So to the extent that the Royal Commission wants to address those issues, they’re able to do that through their terms of reference.

JOURNALIST: Just on banking today Prime Minister, they’re talking about additional compensation as well as repayment for customers who are mistreated or overcharged. Can you just expand on that and how you expect any compensation will work?

PRIME MINISTER: Well I can’t because they’re not sources from the Government. They’re not reports from the Government, that’s industry scuttlebutt. What the Government has done is set up the Australian Financial Complaints Authority, we have legislated it and its terms and it’s powers and what it plans to do is set out in the legislation. So I must admit, I’m a bit of a loss as to what the source of that other commentary is, because we’ve got another Royal Commission going on into the banking and financial industry currently and if there are reccomendations to come from that that deal with the Australian Financial Complaints Authority, then well and good. But I can’t really comment on something which has not come from the Government and is not currently under consideration by the Government.

JOURNALIST: Can I ask you about population and infrastructure? In 2010 you said it would be disingenuous to suggest keeping migrants in regions would ease congestion in Sydney. Do you still have those views?

PRIME MINISTER: At the time the policy that was being put forward by the Labor Party, I don’t think was really what is being contemplated here by our Government. On the impacts that population has across the country, there are many levers that you can pull. Your migration programme is just one of those.  What I was referring to was migration in isolation being the solution to the system and it’s not, migration is part of a suite of policies that deal with congestion in our cities. That’s why I established a Minister for Population, which was also sitting alongside his responsibilities for Urban Infrastructure, because that is where the solutions to these challenges lay.

The policies that we are looking at carefully, which have been flagged today by Minister Tudge are all about how we align our migration programme with the economic and infrastructure policies of towns, regions and states all around the country. I was down in Tasmania on the weekend and in Tasmania, Premier Hodgman has a population plan. And how we can work in with his plan with the migration programme and our infrastructure programmes and our other policies, is what we are seeking to achieve as a Government. It’s equally true that what we’re talking about here is a very targeted use of our migration powers and our migration programme to ensure that we can direct and encourage those who are coming to the country, initially on a temporary basis and through those nonpermanent visas, to be able to go where there is a need for this labour, where there is a need for population growth and where there is receptivity to it.

I mean this is about actually trying to support, on the ground, the economic and population policies of local communities. It’s about working hand-in-glove with those communities and following their lead and backing them in on the programmes that they have.

JOURNALIST: Will there be extra spending on infrastructure in those regions to accommodate this?

PRIME MINISTER: There already is, that’s the point.

JOURNALIST: More to come?

PRIME MINISTER: This is the point, it’s about ensuring our migration programmes mirror what we’re doing without our infrastructure policies. Now, we’ve got a $75 billion rolling infrastructure program over 10 years, which is rolling out infrastructure all around the country, whether it’s the Midland Highway down in Tasmania or it’s the Northlink over in Perth or wherever it happens to be. And we’re not just talking about regional areas, we’re talking about cities like Adelaide where I know Premier Marshall is very keen, very keen to see population growth increase in South Australia and in Adelaide. I know up in the Northern Territory where Chief Minister Gunner when he was recently in Canberra, was announcing his very strong policy to encourage population growth in the Northern Territory. What we’re seeking to do as a Federal Government, as a national government, is to back in these local state and territory plans. To use the levers we have to realise the objectives which are being set at a local level.

So it’s very targeted, it’s very cooperative, it’s very consultative and it’s using the tools we have to achieve these broader objectives; to reduce congestion in the places which have a congestion problem and to increase economic opportunities in places that are seeking them.

JOURNALIST: If the policy though is going to apply to 45 per cent of the migrants at the most, would you consider introducing caps on say, international students, which does lead to some congestion.

PRIME MINISTER: We’re looking at all of these issues but we’d have to be very careful when it comes to the international education industry, it’s a very significant part of our national economy. It’s a very big part of the Victorian economy as Greg knows in particular.  You carefully consider all of these options but you don't engage in policies which will actually hold our economy back.

We’re for driving our economy forward. The reason we can invest $1 billion and more extra, every year, in aged care, is because as a Government, we’re leading an economy that is growing. An economy, when you grow your economy, when you keep your economy strong, you can afford increases in aged care, you can support additional investment in education and in hospitals, in Medicare. You want a guarantee on Medicare?

The reason we can provide a guarantee on Medicare is because we can grow a stronger economy. We have demonstrated that over the last five years; More than a million Australians have got a job under this government, as we promised they would. We did it before we said that would be achieved, when we first promised it. So whether it’s on jobs or whether it’s on the growth of our economy, that is what is enabling us to guarantee the essential services that Australians rely on. That’s what we will continue to deliver as a Government.

JOURNALIST: In 2010 you said it was false hope to expect immigrants would go to the regions, what has changed?

PRIME MINISTER: That was in terms of permanent residents, and permanent residents can’t, you have no powers under the migration program to direct permanent migrants to live anywhere in the country. But for temporary residents, those on temporary visas, non-permanent visas, then the powers the Commonwealth have are very, very different. I’m sure, I mean I’ve been in this space a long time so I am sure people will look over what I’ve said in the last 10 years. I’m no stranger to this debate, I’ve been part of it for a very long time and I’m very passionate about it. I want us to see our immigration programme work for the strength of Australia. I want to see an immigration programme in Australia that keeps Australians together. I want to see an immigration programme in Australia that Australians are passionate and confident in.

Why did I stop the boats? I stopped the boats because I was concerned not just about the loss of life we had seen, but because the failure of the previous government to control our borders was crashing confidence in immigration in this country. Now our Government changed that. We secured those borders. We have the immigration plans that I believe Australians can be confident in, because we’re listening carefully to those who are being impacted by strong population growth in cities like Melbourne and Sydney. But we are also hearing the voices of those in Perth, in Adelaide, in Darwin, in Hobart, in Devonport or anywhere else around the country, in Wagga for that matter. I was speaking to the Deputy Prime Minister about this only today. Where they have a plan where they believe they can have additional population in those areas and they see it as good for their local economies. So that is the plan we are advancing.

JOURNALIST: Melissa Price says that 90 or so scientists have drawn a long bow in calling for the end to coal power. What’s your interpretation of the report, do you endorse it’s findings?

PRIME MINISTER: We take all reports seriously and we consider all of them and assess those, as you would be expect us to. That report was delivered not to Australia, it was a global report. It didn't contain any recommendations for any actions by Australia. It was making broader observations and Australia is part of that process. But I tell you what I’m about and what our Government’s about; our Government is about keeping our commitments. We have kept our commitments on Kyoto 1 as Greg as the Environment Minister at the time, knows all about. We will complete our commitments and beat them when it comes to Kyoto 2. We will meet our targets out to 2030 as well. We will meet the commitments that we have made. We have the lowest level of emissions per capita now in more than two decades and that is a good result. We had been working to achieve that and we will continue to do that.

But I tell you the other thing we’re going to do; that is we’re going to do everything we can to get electricity prices down. That is what the Minister for getting electricity down, is focused on and that’s Angus Taylor. The Minister for keeping the commitments that we’ve made on the environment is Melissa Price and that’s the job she’s doing. They’re going to do those jobs and they’re both going  to do those jobs as part of our government. Thank you very much.

JOURNALIST: Is the Government considering nuclear energy as part of - ?

PRIME MINISTER: All I said yesterday was that I’ll consider options if they can stand up from an investment point of view. I said nothing, frankly, much further than that. What I would find surprising is the Labor Party would not consider something that if it stacked up on an investment basis and did lower electricity prices, they apparently wouldn’t consider it. I found that actually more amazing.

All the work that has been done on that issue to date has shown that the investment proposals haven’t stacked up and don’t stack up. So that’s where that issue rests from my perspective. But I’m not going to rule out things based on ideology, I’m not going to rule out things based on advocacy. I’m going to consider things that I think will  ensure that we get electricity prices down when it comes to energy and I will always consider things that will help us practically we meet our environmental targets which is incredibly important to all Australians as well. Thanks very much.

JOURNALIST: Just on the Opera House very quickly, 260,000 people have signed a petition against the display of the race. 

PRIME MINISTER: Yep.

JOURNALIST:  Have you misread the electorate on this?

PRIME MINISTER: Look, I respect everybody having their say on this. I had mine, they’ve had theirs. I'm sure we can all respect each other's views on this and I’m sure the Premier, as they considered all that, will ensure that how they go forward with this will the done sensitively and respectively. I suspect in a few weeks’ time we’ll all look back on this a little differently. But look, it’s a free country, we all get to say our piece, I said mine. Everybody else has said theirs. We respect all those views and I’m sure Gladys Berejiklian will handle the issue with the sensitivity it deserves. Thanks very much.


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Venture capital firms are raising a record amount in 2018 and are on pace to top $100 billion for the year.
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Caisse de depot et placement du Quebec and Generation Investment Management are teaming up on an initial $3 billion in private equity.
          ONTD Halloween Original™: 10 Movies About Bigfoot & Other Similar Cryptids      Cache   Translate Page      



Exists © 2014 Lionsgate

"Have pity on them all, for it is we who are the real monsters."
- Bernard Heuvelmans, On the Track of Unknown Animals

What lurks out there in the wilderness? Where humans have for the most part vacated for modern conveniences. Every year, there are reports of people seeing tall, bipedal creatures of unknown origin around the world. In the U.S., specifically the Pacific Northwest region. Are we to believe that something as large as these supposed creatures has simply skirted by for decades, maybe longer, without being officially documented? Some say "Yes." Others are understandably skeptical.

Even if there is no tangible proof of Bigfoot's existence, that doesn't stop filmmakers from making countless movies about the animals. Overwhelmingly, these same movies are based in horror and feature the beast attacking or defending itself from humans. Just goes to show that in the end, we are far more dangerous than these beasts of legend.

So here are only ten movies about Bigfoot and other similar cryptids.


THE LEGEND OF BOGGY CREEK
1972
Directed by Charles B. Pierce




A documentary-style look at life in Fouke, Arkansas, home to the elusive Fouke Monster.

This mockumentary was way ahead of its time. It is a slow burn that focuses too much on the humans than the cryptid in question, but there's no denying the unsettling atmosphere in this one. The Legend of Boggy Creek was did so well at the box office ($25 million earned on a $100,000 budget) that it was the 10th highest-grossing film of 1972. Good luck finding a good quality print of this movie as many reproductions are downright unwatchable, or maybe just wait for a remastered release.


SASQUATCH
2002
Directed by Jonas Quastel




When a billionaire's daughter goes missing after her plane crashed in the Pacific Northwest, he constructs a team of experts to find her. In their quest, though, they come across something they never expected. Something elusive and legendary.

For some reason, Lance Henriksen has done at least four horror movies about Bigfoot. Why? Maybe he's a believer. This 2002 movie also goes by the better name of The Untold. The beast here resembles a very tall, bipedal ape with patchy fur. It looks nothing like the one on the poster. The creature's suit itself isn't great, but they do give the titular monster an ability that is both odd and unique. Sasquatch has a large cast, many of whom are for the most part flatly written with a few notable characteristics. This isn't the most dreadful Bigfoot movie, but there are better ones.


ABOMINABLE
2006
Directed by Ryan Schifrin




A paraplegic man who lost his wife in a tragic accident is brought to his cabin to deal with the trauma he's suffered. There, he notices something in the trees watching the group of young women staying in the house next door. Once he realizes what's out there, he tries to warn the women before it's too late.

Abominable is 1/3 slasher, 1/3 creature feature, and 1/3 poor man's Rear Window. Despite the silly plot, the movie is more watchable than not. The practical effects are good considering the budget was presumably modest at best. There is some mild suspense and the two protagonists give admirable performances.


WILLOW CREEK
2013
Directed by Bobcat Goldthwait




A man and his girlfriend visit Willow Creek, the site where the first footage Bigfoot was supposedly filmed. As they camp out, the couple realizes there is some truth to the myth after all.

Do you know who Bobcat Goldthwait is? Yeah, that guy. Well, he directed and wrote this. He also directed the controversial God Bless America. But Willow Creek is more tame than that. For most of the movie, it's just the couple arguing or being scared. Once the payoff comes, though, you have to decide if it was worth the wait or not. One of the leads, Bryce Johnson, appears in an episode of Bobcat Goldthwait's horror anthology series Misfits & Monsters by the way.


STOMPING GROUND
2014
Directed by Dan Riesser




A man and his girlfriend visit her hometown, where their relationship becomes threatened during a hunt for Bigfoot.

It seems to be customary for Bigfoot movies to show the beast as little as possible. In a way, that is more effective. Especially if the Bigfoot costume looks mediocre. Stomping Ground is mostly a drama until the last act, which is when Bigfoot finally pops up. And the creature suit is rather good, too.


THE LOST COAST TAPES
2012
Directed by Corey Grant




A disgraced reporter tries to prove that a hunter, who claims to have a Bigfoot body in his possession, is lying.

This is one Bigfoot movie that takes a really strange yet intriguing turn near the end. Pay close attention because this is a weird one.


EXISTS
2014
Directed by Eduardo Sánchez




A group of friends traveling to a cabin deep in some Texas woods are stalked by a Bigfoot.

It should be no surprise that the director of The Blair Witch Project made this a found-footage movie. Is it as good as his debut? No, not at all. But it remains to be one of the better Bigfoot horror movies so far. The biggest gripe would be the film showing so much of the cryptid that there is no mystery or suspense left by the end.


BIG BAD
2016
Directed by Opie Cooper




Three students spending the night in an abandoned jail for charity are suddenly left unsupervised. Not to mention vulnerable as there's a dangerous beast lurking about.

If you can make it past the stale opening sequence that goes on for too long, Big Bad is an enjoyable indie adventure comedy. It has mild horror elements to it, but the humor is what makes it such a charming gem.


BIG LEGEND
2018
Directed by Justin Lee




A man whose wife inexplicably disappeared in the Pacific Northwest forests returns there to find answers and closure.

This a grim Bigfoot flick that takes itself too seriously. Especially the ending that seems like they're setting up some kind of Avengers-like sequel.

PRIMAL RAGE
2018
Directed by Patick Magee




A newly reunited couple stumbles upon trouble when driving through the Pacific Northwest.

No, this is not based on the video game of the same name. It is a Bigfoot movie without Bigfoot. Well, the creature in the movie is a creature called Oh-mah (or U'mah/O'mah). There is a famous statue in Willow Creek, California of the creature. The carving was done by Jim McClarin. Oh-mah is from Hupa and Yurok folklore, and it is believed the race of creatures is similar to Bigfoot, but is more dangerous and human-like in behavior. The movie Primal Rage probably chose to use Oh-mah so that they could have the monster perform archery and wear masks when hunting. Yeah. Proceed at your own risk.




This is also a FREE FOR ALL!
No porn, nudes, pic spamming, fighting, advertising, rudeness, huge browser slowing comments.

Put multiple images/tweets, etc. under a spoiler cut (code is below):


FFA QUESTION
Are you hairy?






- Open to U.S. residents only due to shipping costs.
- There will be 2 winners.
- 3 different crosswords will be posted randomly throughout the comments.
- Comment with the answers (all of them/the ones you know) marked with numbers. E.G.,
1. Answer
2. Answer
3. Answer
Please don't list each answer as its own comment. Use the LJ-spoiler tag below if you want to conceal your answers.

- The winner of each crossword puzzle will be the first one who gets all/most of the answers correct.
- The user with the most wins wins 1st prize The user with the second most wins wins a prize, too.

Prizes:
1st Place



2nd Place



This post is dedicated to ONTD's fellow Bigfoot lovers thepetdetective and hjalmartazar

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Snap shares fell more than 7% Tuesday and have plunged about 63% since Kylie Jenner tweeted her displeasure with the Snapchat app's...
          Still to Come: The Human Cost of the Disney-Fox Deal      Cache   Translate Page      
As Disney’s $71.3 billion acquisition of 21st Century Fox’s film and TV assets closes in on becoming a done deal, Variety reports that the human cost has been largely overlooked in media coverage of the acquisition. “For the past 10...
          Royal Dutch Shell News 10 October 2018      Cache   Translate Page      
Adam Vaughan: Tue 9 Oct 2018: The boss of Shell has said a huge tree-planting project the size of the Amazon rainforest would be needed to meet a tougher global warming target, as he argued more renewable energy alone would not be enough. FULL ARTICLE Jillian Ambrose, energy editor: 9 OCTOBER 2018 • 3:35PM: Royal Dutch Shell may be spending billions […]
Royal Dutch Shell News 10 October 2018 was first posted on October 9, 2018 at 11:02 pm.
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           Kelly Osbourne 'totally understands' why Kylie Jenner may want to leave KUWTK       Cache   Translate Page      
While reports have surfaced that 21-year-old almost-billionaire Kylile Jenner may leave Keeping Up With the Kardashians, Kelly Osbourne says she gets why, during an appearance on The Talk.
          Real Racing 3 MOD APK Unlimited Money Download      Cache   Translate Page      
Download RR3 – Real Racing 3 MOD APK Unlimited Money v6.6.1 with Unlimited Gold and Mmoney, Unlocked cars, Anti-Ban. Real Racing 3 MOD APK RR3 MOD APK is filled with unlimited money, bucks and premium currencies. Since its launched the MOD APK GAME has been downloaded Billions of times from different download sources.and New updates […]
          Gardening Equipment Market Growth Projection to 2026      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) The global Gardening Equipment market is anticipated to reach USD 116.7 billion by 2026. The growth is highly driven by growing adoption of gardening equipment by the commercial construction industries as well as residential users. Moreover, innovations in technology...
          Roofing Systems Market worth 157.56 Billion USD by 2021      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) The report "Roofing Systems Market by Material (Asphalt, Metal, Plastic, Clay, Concrete), Product (Shingles & Plates, Tiles), Construction Type (New Construction & Reform Construction), End-Use Sector (Residential & Non-Residential) - Global Forecast to 2021", The...
          Construction Machinery Market – To Grow in the Coming Years, New Research explores Factors Responsible 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) Global Construction Machinery Market Analysis According to Verified Market Intelligence, The Global Construction Machinery Market was valued at USD 173.48 billion in 2017 and is projected to reach USD 312.80 billion by 2025, growing at a CAGR of 7.7% from 2018...
           Blow Molding Resins Market 2018 – Outlook, Huge Growth, Regional Analysis Till 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) Global Blow Molding Resins Market Analysis According to Verified Market Intelligence, The Global BLOW MOLDING RESINS Market was valued at USD 37.02 billion in 2017 and is projected to reach USD 63.91 billion by 2025, growing at a CAGR of 7.1% from 2018 to 2025. ...
          Simon Bridges calls for $5.5 billion government surplus to be used to reverse petrol tax hikes      Cache   Translate Page      
National leader Simon Bridges is calling for the Government to reverse the new petrol taxes in light of the $5.5 billion operating surplus announced on Tuesday.The debate around the cost of petrol is heating up amid revelations...
          Now Facebook would like to put a smart camera in your house      Cache   Translate Page      

#source%3Dgooglier%2Ecom#https%3A%2F%2Fgooglier%2Ecom%2Fpage%2F%2F10000

This is probably great news for somebody, though I’m not sure who that might be. Facebook, already in the midst of a massive scandal about intrusive data manipulation, hacking breaches, and privacy concerns, is rolling out a new toy for everyone to install in their homes. It’s a smart video camera with rudimentary Artificial Intelligence built into it, and it will allow you to instantly jump into video chats with people while you go about your normal daily routine. It will even use sensors to figure out where you are, then rotate and zoom as required to keep you in the frame.

Hey… that’s not in the slightest way even a little bit creepy, right? (Associated Press)

Facebook is launching the first electronic device to bear its brand, a screen and camera-equipped gadget intended to make video calls easier and more intuitive.

But it’s unclear if people will open their homes to an internet-connected camera sold by a company with a questionable track record on protecting user privacy.

Facebook is marketing the device, called Portal, as a way for its more than 2 billion users to chat with one another without having to fuss with positioning and other controls. The device features a camera that uses artificial intelligence to automatically zoom as people move around during calls.

Portal? You named it… Portal? Why didn’t you just call it Window Into Your Private Life Externally Controlled by Our Faceless Army of Algorithms?

Tech industry observers were quick to note the eery similarity between this and the ever-present government monitoring devices in various dystopian novels. For the time being, Facebook is insisting that they won’t “listen to, view or keep the contents ” of video calls. They’re also including the supposed ability to “disable” the camera and microphone with a single tap and there’s a physical cover that you can put over the camera if you wish. (Which is probably at least better than the bandage I keep across the camera on my laptop.)

But why would anyone take much comfort in such assurances? I’ve been assured repeatedly that my phone doesn’t “listen” to anything I say unless I begin a sentence with “Okay, Google.” And yet my electronic helper has broken into any number of conversations in either amusing or disturbing ways. And if it’s “never listening” unless I say the magic words, how can it hear me say the magic words?

Smart televisions have been causing similar issues all over the world of late. And most of those other devices don’t even have Artificial Intelligence and facial recognition built into them. This camera sounds like one of the more alarming pieces of technology to emerge yet, and that would be true even it wasn’t being delivered by the privacy pirates at Facebook.

The post Now Facebook would like to put a smart camera in your house appeared first on Hot Air.


          Rejected ‘Shark Tank’ Entrepreneur Returns To Show As An Investor After Amazon Bought His Company For $1 Billion      Cache   Translate Page      
In 2013, Jamie Siminoff appeared on Shark Tank to pitch…
           Banks sign up to William´s mission to disrupt illegal...       Cache   Translate Page      
Financial institutions have committed to tackling the multibillion-pound criminal trade in poached products such as rhino horn and elephant tusks.
          The $13 billion New York JFK rebuild includes two international terminals      Cache   Translate Page      
The $13 billion New York JFK rebuild includes two international terminals

Options include the demolishing of Terminal 7 and its replacement with a new international terminal combined with Terminal 5

Continue reading The $13 billion New York JFK rebuild includes two international terminals at Business Traveller.


          Report: Facebook captures 25% of U.S. digital video ad revenue      Cache   Translate Page      

Facebook Inc. is rapidly increasing its ad revenue from video, capturing 25% of the nation’s digital ad spending in that category, according to a forecast released Tuesday.

Facebook is expected to bring in $6.8 billion in digital video ad revenue this year, up 42% from 2017, according to research...


          U.S. investigating possible StanChart Iran breaches after 2012 deal -CEO      Cache   Translate Page      
U.S. authorities are investigating whether Standard Chartered STAN.L breached Iran-related compliance rules as recently as 2013, a year after it settled with them over earlier allegations of breaches and pledged to improve internal controls. Standard Chartered's chief executive Bill Winters said in a memo to senior staff addressing recent media reports, that "the vast majority of the payments under investigation pre-date 2012, and none occurred after 2014", in the first public acknowledgement by the bank of the later timeframe. Media reports last week said that London-based Standard Chartered faced a possible $1.5 billion fine for Iran-related sanctions violations, in addition to the $667 million it paid in 2012 to settle alleged breaches between 2001 and 2007. The investigation now underway focuses on breaches after 2007, with special emphasis on whether the U.S. authorities were fully informed about the bank's dealings with Iranian clients at the time of the 2012 settlement. A
          Denmark’s Ørsted Acquires Deepwater Wind, Creating U.S. Offshore Wind Leader      Cache   Translate Page      
Danish power company Ørsted has entered into an agreement to acquire U.S. offshore wind developer Deepwater Wind for $510 million. The acquisition includes the 30MW capacity Block Island Wind Farm, the first and currently only operational offshore wind farm in the United States, as well as Deepwater Wind’s entire portfolio of projects planned or under […]
          Trump repeats tariff threat if China retaliates      Cache   Translate Page      
President Donald Trump on Tuesday repeated his threat to impose tariffs on $267 billion worth of additional Chinese imports if China retaliates for the recent levies and other measures the United States has taken in the countries' escalating trade war. Rough Cut (no reporter narration).
          Car industry body to launch no-deal Brexit aid package for small firms      Cache   Translate Page      
Brexit SMMT chiefs to offer advice and support on coping with Brexit to automotive companies

The Society of Motor Manufacturers and Traders (SMMT) has launched a new Brexit Readiness Programme – a contingency aid package to aid companies in the UK automotive supply chain in the event of Britain leaving the European Union before failing to agree a deal.

While officials from a number of major car firms, including Jaguar Land Rover and Toyota, have warned of the impact a no-deal Brexit could have on them, the new SMMT initiative is aimed at small and medium sized enterprises (SMEs). The SMMT has previously warned on several occasions of the negative impact it feels Brexit is having on the UK car industry.

The bulk of SMEs in the UK automotive supply chain employ fewer than 10 people, and the SMMT says they could face significant challenges given likely new requirements and processes if a Brexit deal is not reached before Britain leaves the EU on 30 March next year.

In the first instance, the Brexit Readiness Programme will engage five legal and accountancy firms to offer advice and consultancy to SMMT members on subjects including trade and tax arrangements outside the EU, customs procedures, adapting to regulation changes and employment law. The scheme will involve a free Brexit helpline.

“A strong local supply chain is the backbone of any manufacturing sector, and ours has thrived thanks to massive restoring efforts and the ability to trade freely and frictionlessly with the EU,” said SMMT boss Mike Hawes.

“A no-deal Brexit could have devastating consequences. With the clocking ticking on negotiations, businesses must plan for all eventualities, including the worst. Our new support package seeks to mitigate the threat of no deal by helping businesses navigate the the complex trade realities of a post-Brexit landscape.”

According to the SMMT, the UK automotive supply chain supports 82,000 jobs and contributes £4.9 billion to the economy, with companies exporting £3.4 billion worth of parts into the EU each year.

Read more

Brexit: what it means for the British car industry

JLR boss Speth: hard Brexit will cost jobs

Toyota: no-deal Brexit could halt UK production for months

SMMT boss: 'there is no Brexit dividend for the car industry - only risk'


          The QE Party Is Drying Up—-Even At The Bank Of Japan      Cache   Translate Page      
As of September 30, total assets on the Bank of Japan’s elephantine balance sheet dropped by ¥5.4 trillion ($33 billion) from a month earlier, to ¥537 trillion ($4.87 trillion). It was the fourth month-over-month decline in a series that started in December. This chart shows the month-to-month changes of the balance sheet. Despite all the […]
          Last Week’s $1 Trillion Bond Wipeout Sparks Fear Of 1970s Carnage      Cache   Translate Page      
The value of the Bloomberg Barclays Multiverse Index, which captures investment-grade and high-yield securities around the world, slumped by $916 billion last week, the most since the aftermath of Donald Trump’s election victory in November 2016….. American high-grade obligations are down 2.53 percent in 2018 — a Bloomberg Barclays index tracking the debt has dropped […]
          Bill Ackman’s Presentation On Startbucks (SBUX) – “Doppio”      Cache   Translate Page      

Bill Ackman‘s presentation slides on Starbucks (SBUX), titled, “Doppio.” Leading global specialty coffee retailer and iconic brand 29,000 stores with over $32 billion in systemwide sales 50% U.S., 50% International 53% Owned (U.S. 60%,China 100%, RoW 30%), 47% Licensed Americas […]

The post Bill Ackman’s Presentation On Startbucks (SBUX) – “Doppio” appeared first on ValueWalk.


          National Retail Federation: Americans Will Love Halloween 2018 To The Tune Of $9 Billion In Spending      Cache   Translate Page      
ARMONK, N.Y. (CBSNewYork) — Orange and black are the colors of Halloween. But don’t forg
          The Wall Street Journal: SoftBank in talks to take majority stake in WeWork with up to $20 billion investment      Cache   Translate Page      
SoftBank Group Corp. is in discussions to take a majority stake in WeWork Cos., in what would be a giant bet on the eight-year-old provider of shared office space, according to people familiar with the talks.

          Trump to lift ban on higher-ethanol gasoline ahead of November elections      Cache   Translate Page      

Trump to lift ban on higher-ethanol gasoline ahead of November electionsThe move will be coupled with restrictions on the multibillion-dollar biofuel credit trading industry sought by merchant refiners like Valero Energy Corp and PBF Energy Inc. Those rules would be aimed at retailers and oil majors accused by merchant refiners of hoarding the credits and driving up the cost of complying with biofuels blending laws. The U.S. Environmental Protection Agency currently prohibits summer sales of gasoline blended with 15 percent ethanol, or E15, due to smog concerns. Because ethanol is cheaper than gasoline, the administration hopes it will bring down retail prices, which currently average $2.91 a gallon, more than 40 cents higher than this time a year ago, according to the American Automobile Association.



          Trump repeats tariff threat if China retaliates      Cache   Translate Page      
President Donald Trump on Tuesday repeated his threat to impose tariffs on $267 billion worth of additional Chinese imports if China retaliates for the recent levies and other measures the United States has taken in the countries' escalating trade war. Rough Cut (no reporter narration).

          NARM-Electrician Technician (Truck Shop) - Peabody Energy - Gillette, WY      Cache   Translate Page      
The company has approximately 9 billion tons of proven and probable coal reserves and owns, through its subsidiaries, majority interests in 28 coal operations...
From Peabody Energy - Fri, 22 Jun 2018 10:39:32 GMT - View all Gillette, WY jobs
          The Global 3D Scanner Market Size Is Projected To Reach USD 3.8 Billion By 2025      Cache   Translate Page      


          The Global Probiotics Ingredients Market Size Is Expected To Reach USD 3.56 Billion By 2025      Cache   Translate Page      


           One of oldest coal companies in US files for bankruptcy       Cache   Translate Page      
HELENA, Mont. (AP) - One of the oldest coal companies in the U.S. filed for bankruptcy protection Tuesday to deal with more than $1.4 billion in debt amid...
          Augmented Reality Software Market Research, Major Manufacturers, Analysis, Industry Demand by Segmentation and Forecast 2018-2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) According to Verified Market Intelligence, the Global Augmented Reality Software Market was valued at USD 2.21 billion in 2016 and is projected to reach USD 129.63 billion by 2025, growing at a CAGR of 57.21% from 2017 to 2025. Augmented reality is the incorporation...
          Officials: Power lines ignited fatal blaze in California      Cache   Translate Page      

SAN FRANCISCO – Two sagging Pacific Gas & Electric power lines made contact, sparked and ignited a Northern California wildfire last year that killed four people and injured a firefighter, officials said Tuesday.

The finding adds to the growing financial liability of PG&E over wildfires in the state.

Its equipment has been blamed for starting 13 wildfires last year and the utility has told shareholders it expects to pay more than $2.5 billion in damages.

The California Department of Forestry and Fire Protection said Tuesday that strong winds in Yuba County, near Sacramento, caused the lines to touch, creating an electrical arc that sent molten material onto dry vegetation in last October.

The fire scorched 15 square miles and destroyed 264 structures. Cal Fire sent its report on the cause of the blaze to the Yuba County district attorney.

The wildfire swept through Northern California during the state’s deadliest and costliest wildfire season. The fires killed 44 people and destroyed more than 5,000 homes.

State officials say insured damages alone topped $9 billion and PG&E could be liable for much of it. Insurance companies have filed dozens of lawsuits calling for PG&E to reimburse them for settling claims from policyholders.

California law compels utilities to pay for damages from wildfires if their equipment caused the blazes – even if the utilities weren’t negligent.

PG&E spent millions of dollars in an 11th hour lobbying effort at the end of the California legislative session in a failed attempt to change the law to reduce its financial liability.

PG&E spokeswoman Lynsey Paulo said Tuesday that “extreme weather, years of drought, and millions of dead trees are feeding an unprecedented risk of wildfires.”

Paulo said, “we recognize we all need to do even more to help reduce the risk of wildfires and are committed to working together with our state and community partners to develop comprehensive safety solutions.”

Paulo said the utility is working on improving fire prevention by strengthening poles and lines, upgrading weather modeling and clearing vegetation around equipment.

Fire investigators have blamed PG&E equipment for 12 wildfires last year in wine country, including two that killed a total of 15 people.

In eight blazes, Cal Fire investigators said they found evidence of violations of state law and forwarded the findings to county prosecutors.

PG&E last week agreed to pay $1.5 million to Butte County to avoid misdemeanor criminal charges after Cal Fire determined downed power lines caused three wildfires in the region.

Cal Fire hasn’t determined fault for the Tubbs Fire, the most destructive in state history that destroyed thousands of homes and killed 22 people in Sonoma County.


          The Next Great (Digital) Extinction      Cache   Translate Page      
Somewhere between 2 and 3 billion years ago, what scientists call the Great Oxidation Event, or GOE, took place, causing the mass extinction of anaerobic bacteria, the dominant life form at the time.
          Budget 2019 : The Key Points      Cache   Translate Page      

Finance Minister Paschal Donohoe announced the budget earlier today. The government is cutting tax and increasing spending next year. Donohoe has declared an 800 million fiscal space, plus revenue raising measures of 700 million. Total extra spend in this budget of 1.5 billion Euro. Budget 2019 at a glance: Housing Government allocating a total of …

The post Budget 2019 : The Key Points appeared first on KCLR 96FM.


          Comment on 2018 Jonesie Awards LIVE from Parliament by waikatogirl      Cache   Translate Page      
Jones will win the Golden Sow every year until he has spent the full $3billion. I laughed out loud when the TU said they didn't believe Jones understood how much money $3b is. Jones needs to spend $3m a day to keep up with spending the full amount of the taxpayers funded regional slush fund!!! 🤑 🤑 🤑
          Grant Robertson rejects ‘spending spree’      Cache   Translate Page      
Yesterday the Government announced a much larger than expected surplus of $5.5 billion ($2.4 billion more than forecast)- see Government announces strong surplus. James Shaw called on a big spend up: Green Party Co-Leader James Shaw is calling on the Government to use the money from its “extremely healthy” books to invest in New Zealand’s public […]
          PGN Saka      Cache   Translate Page      
PGN Saka, b2011, Assets USD2.6billion, Employee 302 people, Child entity 25 ref Saka Indonesia Pangkah Limited ref
          Banks sign up to William’s mission to disrupt illegal wildlife trade      Cache   Translate Page      
Financial institutions have committed to tackling the multibillion-pound criminal trade in poached products such as rhino horn and elephant tusks.
          China Blinks First In LNG Face-Off With U.S.      Cache   Translate Page      
Amid the ongoing trade war between the U.S. and China, it seems that Beijing may be getting the short end of the stick already. On Sunday, the People’s Bank of China said it was cutting the reserve requirement ratio for most banks by 100 basis points, which will result in an injection of 750 billion yuan ($109.2 billion) in cash into China’s banking system. The move is intended to provide easier lending and more liquidity in China's economy as the impact of U.S. sanctions start to hit manufacturing and the overall economy. Not business…
          Banks sign up to William’s mission to disrupt illegal wildlife trade      Cache   Translate Page      
Financial institutions have committed to tackling the multibillion-pound criminal trade in poached products such as rhino horn and elephant tusks.
          Google’s recent behavior shows the troubling reality of an internet superpower that abandoned its vow to not 'be evil' (GOOGL)      Cache   Translate Page      

google ceo sundar pichai

  • Twice in two days, Google has been shown to be deceptive about matters of public concern, first concerning a security vulnerability and then about the development of a censored search engined for China.
  • The incidents are part of a pattern of behavior by the company where it's been repeatedly secretive, unaccountable, and untrustworthy.
  • The behavior is worrisome and dangerous because of Google's immense power.

Maybe we should have paid closer attention when Google dropped its famous "don't be evil" motto.

The company that has long presented itself as the kinder, gentler, and more ethical tech company has been anything but that lately. Instead, the search giant is looking increasingly like an organization that is striving to do the opposite of its revised motto — "do the right thing."

The latest examples came this week. On Monday, news broke of a bug in the company's Google+ social network that affected an estimated 500,000 people and exposed information that users intended to keep private. Although Google had known about the bug since March, it decided to keep the vulnerability to itself, in part, the Wall Street Journal reported, because it didn't want to raise the ire of regulators.

Then on Tuesday, The Intercept published a transcript of a private meeting between Ben Gomes, who heads up Google's search engine, and a team of company employees in July. Gomes was discussing Google's effort to develop a censored search engine for China, a product that company officials have repeatedly said is just an idea being explored, with no plans for an imminent launch.

But the transcript makes clear that the company hasn't been honest about Dragonfly, the code name for its Chinese search engine effort. Google, according to Gomes remarks, plans to launch the search engine as soon as it can get approval from Chinese officials, possibly as soon as early next year.

The latest incidents are part of a pattern of behavior

Google's decision to hide the security vulnerability and its duplicity about Dragonfly are part of an emerging pattern of behavior from the company. The company and top officials have shown repeatedly recently that they don't feel like they are accountable to anyone and shouldn't be trusted.

Take Dragonfly as an example. The company generated a lot of controversy when it previously operated a search engine in the country, and it made a big public show about standing up for free speech and human rights when it closed that service in 2010.

With the United States and China increasingly at odds over trade, theft of intellectual property, and other matters, any effort to re-launch a Chinese search service would likely be even more controversial today. Regardless, such an effort would be a matter of wide interest — to company employees, shareholders, policy makers, and the public at large — and ought to be subject to broad public discussion.

google employeesBut the company launched and developed its Dragonfly project in secret — not only from the public, but from all but a tiny portion of its workforce — seemingly intentionally in an effort to avoid just such scrutiny. The project only came to light as the result of a leak to the The Intercept.

Something similar happened with Project Maven, Google's effort to develop and offer artificial intelligence technology to the US Defense Department for use in analyzing drone video footage.

As with Dragonfly, Google kept the effort secret, including from many of its workers. Then, when Maven came to light, the company downplayed the effort, saying it was just offering the Defense Department access to the same AI technology it offers other companies and organizations and that the contract was for a relatively nominal amount, some $9 million.

But again, leaked documents showed that to be a lie. The company expected the contract to grow to as much as $250 million, and it was working closely with the Defense Department to customize its technology, according to reports. What's more, Google was planning on doing far more than analyze drone video; it reportedly planned to build a system that could allow the Pentagon to surveil entire cities.

Similar to what happened with the security bug, company officials sought to keep Maven on the down-low, knowing it would be controversial if it ever became public, internal emails show. Indeed, when the effort did become known inside the company, employees raised such an uproar about it that Google eventually canceled its contract with the military.

Google officials have been ducking Congress

But Google's untrustworthy, unaccountable behavior goes well beyond secret projects and hidden security vulnerabilities.

When the US Senate held hearings last month on foreign countries using social media services to influence American elections, Twitter sent CEO Jack Dorsey and Facebook sent Sheryl Sandberg, CEO Mark Zuckerberg's top lieutenant. Google, by contrast, declined to send either Google CEO Sundar Pichai or Larry Page, CEO of parent company Alphabet. Top Google officials were also no-shows at related hearings held by Congress last fall.

The empty name tag left for Google's absence at the Senate Select Committee on Intelligence's hearing on election security on September 5, 2018.This despite the fact that Google and its YouTube service were among the prime vehicles that the Russian-linked actors reportedly used to spread propaganda and misinformation during the 2016 election. Pichai has reportedly agreed to finally testify before Congress later this year.

Meanwhile, the European Union has twice in the last two years found that Google illegally thwarted competition, fining it billions of dollars. Instead of agreeing to change its ways, Google in both cases has now appealed the fines.

This kind of behavior would be disturbing if it were coming from a small startup. But the fact that it's coming from one of the world's most powerful corporations makes it incredibly dangerous. Google is a company, after all, that essentially runs a global surveillance system. It collects and holds vast amounts of data on its billions of users.

And it not only knows all about us, but through its dominance of internet search and its outsized role in distributing news, it has a huge amount of control over what we think and know and experience as a society.

We should should be worried about any company having that kind of power. But we should be particularly concerned about Google having that kind of power. Because the company's recent behavior has shown that it's no longer worried about not being evil.

SEE ALSO: Donald Trump is right about Google — but for the wrong reason

SEE ALSO: Europe's competition czar is wrong — it's long past time to break up Google

SEE ALSO: 'We're totally absent': The US lawyer who helped start the EU's case against Google that just resulted in a $5 billion fine says more needs to be done

SEE ALSO: Facebook, Google, Apple, and Amazon have too much power — so it's time for regulators to take on tech's titans

Join the conversation about this story »

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          Goldman Sachs has joined George Soros and Steve Cohen in backing an Argentinian mobile banking startup      Cache   Translate Page      

Argentine Argentina flag

  • Ualá, an Argentinian mobile banking startup, has raised $34 million in a new round of funding led by Goldman Sachs's venture unit, along with investors including billionaire George Soros' family office and Point 72 Venture, the early-stage VC firm funded by Steve Cohen.
  • The company - which offers a financial management app and a fee-free prepaid MasterCard - aims to disrupt the traditional retail banking infrastructure, according to Pierpaolo Barbieri, founder and CEO of Ualá.

Goldman Sachs' venture unit is leading a new round of investment in an Argentinian fintech company backed by billionaire investors George Soros and Steven Cohen. 

Ualá, the one-year-old mobile banking startup, raised $34 million in its series B round led by Goldman Sachs Investment Partners, along with existing investors including a private fund managed by Soros Fund Management, Jefferies, the venture arm of Steve Cohen's Point 72, and entrepreneur Kevin Ryan, according to an announcement seen by Business Insider.

Goldman Sachs provided over half of the capital, according to Pierpaolo Barbieri, founder and CEO of Ualá.

The Buenos Aires-based startup offers a personal financial management app that is linked to a prepaid Mastercard, which doesn't charge opening fees, transaction fees, and renewal fees. In the span of one year, the company has issued 400,000 cards, which allow users to top up cellphones, make purchases, and conduct P2P money transfers. 

"Our goal is to replace the traditional retail banking infrastructure with Ualá," Barbieri said.

Over 50% of people in Argentina had never had a card before and are only operating in cash, so the company aims to provide these people financial inclusion by giving them access to financial system, he added.

“Ualá’s product offering reduces both cost and friction, while providing a great consumer experience,” said Christopher Dawe, cohead of Goldman Sachs Investment Partners venture capital & growth equity team. “We are excited by the company’s mission of improving access to critical financial services and look forward to partnering with the Ualá team on their next phase of growth.”

Ualá will tap into the new fund to boost its user growth, expand its headcount, and execute the launch of a credit and savings platforms, according to the announcement.

International appetite in Latin American startups hit a peak last year, with global venture capital investments in the region surpassing $1 billion in 2017 for the first time, according to The Association for Private Capital Investment in Latin America

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          Palo Alto Networks is down 11% in the last month — but Morgan Stanley thinks all the bad news about hacking is about to boost its fortunes (PANW, FTNT)      Cache   Translate Page      

Nikesh Arora

  • Palo Alto Networks is down 11% from where it traded just one month ago, but analysts at Morgan Stanley say now is the time to buy.
  • In a note published Monday, Morgan Stanley raised its price target for the cybersecurity company from $262 to $276 — a 26.6% premium on where it's currently trading.
  • The company is well positioned in the firewall space at a time when security spending is growing, according to the note.

Things may look grave for Palo Alto Networks, the thirteen-year-old cybersecurity company, which is down 11% from where it traded just one month ago. But Morgan Stanley has high hopes for the company's future.

In a note published Monday, Morgan Stanley analyst Melissa Franchi raised the price target for Palo Alto Networks from $262 to $276 — a 26.6% premium on the company's current pricetag of around $211.25 a share. 

The reason? Cybersecurity in on fire thanks to larger IT budgets dedicated to preventing security incidents like the ones recently reported at Facebook and SuperMicro, according to Franchi. This drives "healthy growth, but not unsustainable 'emergency spending'," she wrote.

[Security fears have held companies back from adopting cloud services — but they're starting to get over them]

Of course, Palo Alto Networks isn't the only cybersecurity company that could see gains. Morgan Stanley also raised its price target for Fortinet Inc., from $67 to $88 — up 6.5% from it's current price of around $82.40. 

But Morgan Stanley maintained that Palo Alto Networks is the clear winner when it comes to firewall products in particular. Franchi and her team forecast Fiscal Year 2019 and 2020 revenue estimates that are 3% and 7% ahead of consensus, respectively.

Across the board, as more companies move to the cloud, the market for cybersecurity products is growing, according to the analyst.

"Cloud adoption also holds opportunity for network security vendors, as network traffic increases, virtual appliances get deployed in front of cloud applications and new use cases for firewalls like microsegmentation start to scale. Recent solid results from Palo Alto Networks and Fortinet amid ramping cloud adoption provides support for this view," Franchi wrote.

And this year in particular will see growth, Franchi wrote, because companies are starting to update firewall purchases made in 2015, which tend to have a three to five year life cycle. 

SEE ALSO: Insiders are 'shocked' that Adobe is paying nearly $5 billion for Marketo, a deal that Salesforce and SAP also looked over

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          The Tesla of China soars after Tesla's largest outside investor discloses a stake (NIO)      Cache   Translate Page      

Nio EP9

  • Nio shares surged Tuesday after a filing showed that Baillie Gifford & Co, Tesla's largest investor after Elon Musk, has a big stake in the company.
  • The filing revealed that Baillie Gifford & Co owned 85.3 million NIO shares, representing an 11% stake in the Chinese carmaker.
  • Nio went public in the US last month and soared 75% on its second trading day.
  • Watch Nio trade in real time here.

Shares of Nio, the electric-car maker touted as the Tesla of China, rallied more than 20% in late trading Tuesday on news that Baillie Gifford & Co, Tesla's largest investor after Elon Musk, had a significant position. 

The stock was up by about 7% after the closing bell.

A Tuesday regulatory document revealed that Baillie Gifford & Co owned 85.3 million NIO shares, or an 11% stake in the Chinese car maker, which was worth about $515 million as of the close of trading Monday.

Nio went public in the US last month. Shares priced at $6.26 apiece on September 12, the low end of its range, causing the electric-car maker to fall short of raising the $1.8 billion it had sought. But on the following day, after touching its record low of $5.35, the stock soared 75%, sending its market capitalization above $12 billion. 

The four-year old Tencent-backed startup delivered its first volume-manufactured vehicle — the ES8 — to users on June 28, and started to generate revenue this year, according to its IPO filing. 

Nio said it made $6.95 million in revenue in the first half of 2018 and that it had 6,201 unfilled ES8 reservations at the end of August, for which non-refundable deposits had been made.

Shares of Nio are up 18% since the September 12 IPO.

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          Snap has seen more than $13 billion wiped out from its market value since Kylie Jenner tweeted her displeasure with its redesign (SNAP)      Cache   Translate Page      

Snap, Kylie Jenner tweet

  • Snap shares fell more than 7% Tuesday and have plunged about 63% since Kylie Jenner tweeted her displeasure with the Snapchat app's redesign.
  • The stock's plunged has wiped out more than $13 billion from the company's market capitalization.
  • Short sellers have made more than $1 billion betting on the stock's slide.
  • Watch Snap trade in real time here.

Snap shares slide about 7% Tuesday after an analyst said the company was "quickly running out of money" and that he thinks a capital raise needs to take place in the middle to end of 2019.

Tuesday's weakness pushed shares to a record low of $6.92. They have cratered a whopping 63% — from about $18.50 a share — since Kylie Jenner's infamous tweet blasting the Snapchat app's redesign, wiping away more than $13 billion of market cap in the process.

"Sooo does anyone else not open Snapchat anymore?" Jenner asked her Twitter followers back on February 22, following the app's controversial redesign. "Or is it just me... ugh this is so sad."

She followed up with another tweet: "Still love you tho snap ... my first love."

Immediately following the tweet, Snap's stock dropped more than 7%. And since then, "demand by bearish speculators to short Snap has been steadily rising," according to Matthew Unterman, director at the financial-analytics firm S3 Partners.

Through Tuesday, those traders who had shorted shares immediately following Jenner's tweet had mark-to-market profits of $1.046 billion, yielding a return of 76%, according S3 data.

After stabilizing between $12 and $14 a share in June and July, shares came under pressure following the company's second-quarter earnings release on August 7. Those results showed that while top and bottom line performance was better than expected, the company suffered its first-ever decline in sequential daily active users. The decline in user trend "was primarily driven by a slightly lower frequency of use among our user base due to the disruption caused by our redesign," CEO Evan Spiegel said on the call with analysts after the earnings report. Shares plunged 6.7% following the results and have never recovered. 

And last Week, Spiegel sent out an internal memo running over 6,500 words long, admitting the company moved too fast in 2018 — specifically referring to the controversial Snapchat redesign. He said the company will refocus on the core principle of being the "fastest way to communicate" and reach profitability in 2019.

But analysts are still worried.

Evercore ISI's Anthony DiClemente recently said he thinks the headwinds from user trends could continue in the third quarter. He slashed his price target to $7 from $9.

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          Starbucks spikes after hedge-fund billionaire Bill Ackman discloses a stake in the company (SBUX)      Cache   Translate Page      

bill ackman

  • Bill Ackman, the billionaire founder of Pershing Square Capital Management, disclosed a stake in Starbucks on Tuesday, according to multiple reports. 
  • Starbucks shares jumped by as much as 5% following the news. 
  • In August, Ackman said he had bought shares of an undisclosed company worth $800 million.
  • Watch Starbucks trade in real time here. 

Starbucks shares jumped by as much as 5% Tuesday on news that the hedge-fund billionaire Bill Ackman had bought a stake in the coffee retailer. 

According to CNBC's Leslie Picker, Ackman disclosed the stake while presenting at the Grant's Fall 2018 Conference in New York. He had previously announced a position worth about $800 million, or 10% of his hedge fund's portfolio, in an undisclosed company in August. 

Pershing Square, Ackman's hedge fund, owns 15.2 million shares of Starbucks worth $900 million, according to CNBC. The stock has gained 1.5% this year. 

Ackman has also been adding to a stake in United Technologies. 

Earlier this year, Ackman ended a five-year battle with Herbalife that he publicly fought against Carl Icahn, another billionaire investor, who was bullish on the company. He also saw big losses on a position he held in Valeant Pharmaceuticals.

Reuters reported in January that Ackman sought to lower his profile and turn around his hedge fund's three straight years of losses. 

As an activist investor, Ackman takes big positions in companies and pushes for changes in how they are run.  

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Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. With fiscal year 2017 revenue of $485.9 billion, Walmart...
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          What you need to know on Wall Street today      Cache   Translate Page      

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.

Here's why hedge funds could keep the stock sell-off raging — and what you can do to protect yourself

As the stock market suffers through its most recent bout of selling pressure, it feels as if a perfect storm of bearish factors have culminated simultaneously.

There are spiking Treasury yields, which have reduced the relative appeal of equities and exacerbated fears of a liquidity crunch.

Then there's President Donald Trump's trade war, which has rattled nerves worldwide and left investors to assess the potential market fallout.

There's also the unfortunate fact that corporate share buybacks— which have buoyed stocks during lean times throughout the 9-1/2-year bull market— are in a market-wide blackout period prior to earnings season.

And if all of that weren't stark enough, hedge funds are doing their part to make the experience as miserable as possible. After all, it's their most popular holdings that are absorbing the brunt of the selling.

There's been a shakeup in Goldman Sachs' trading division — and a 28-year veteran is out

A 28-year veteran of Goldman Sachs is leaving the firm as new CEO David Solomon looks to put his mark on the bank.

John Willian, who previously served as the bank's global head of fixed income, currency and commodities sales (FICC), is retiring from Goldman, according to a memo on Tuesday.

He'll remain an adviser to the bank, the memo said.

Av Bhavsar, who oversees US credit and mortgage sales, and Ricardo Mora, global head of FICC emerging markets distribution and head of Americas foreign exchange sales, will now become coheads of fixed income, currency and commodities sales in the Americas, the memo said.

A small team of traders at Goldman Sachs made $100 million betting on natural gas 

Goldman Sachs has bounced back from last year's commodities rout.

The investment bank racked up $100 million in the first half trading natural gas, according to people with knowledge of the matter. The money was made by Shane Lee, a Calgary-based trader who previously worked at the hedge fund Amaranth Advisors, and his team, the people said.

The performance was a reversal from 2017, when natural-gas bets in the second quarter went so poorly that the commodities-trading department turned in its worst annual performance in the bank's history as a public company.

Commodities trading, once one of the bank's most vaunted businesses, saw revenue plummet 75% to less than $300 million last year, Bloomberg has reported. That was down more than 90% from a high of $3.4 billion in 2009.

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          'If they don't have the barrels, they don't have the barrels': Oil could soar to $100 as Trump shuts Iran out of the market      Cache   Translate Page      

iran oil

  • The State Department has ordered buyers to cut oil imports from Iran by November 4.
  • Against a backdrop of falling output from other key OPEC countries, analysts say barrels could hit $100.
  • Watch oil trade in real time here.

Less than a month before another round of US sanctions against Iran take effect, analysts say hundred-dollar oil could be on the horizon. 

The Trump administration has called on buyers to cut off oil imports from Iran in efforts to pressure the third-largest OPEC producer to change its behavior, a move that could squeeze global supply and pressure prices that are already at four-year highs. Brent, the international benchmark, is currently trading at around $85 a barrel. 

"Higher oil prices seem inevitable and, in our view, $100 per barrel is easily within reach," economists from the Bank of America Merrill Lynch wrote in a recent research note, citing a looming dropoff in Iranian production.

Iran's crude exports have fallen more than expected ahead of the sanctions, even as the Islamic Republic offers Asian customers the cheapest prices in more than a decade versus Saudi grade. According to tanker data compiled by Bloomberg, shipments dropped by just over a quarter million barrels per day in September to the lowest level since 2016. 

In hopes of preventing Tehran from moving forward with its nuclear program, European officials have been working to protect Iranian oil sales from US sanctions. But the Trump administration has portrayed those efforts as implausible, threatening to penalize companies that try to circumvent its policy. 

"The European Union is strong on rhetoric and weak on follow-through," John Bolton, the national security adviser, said in a conference speech last month. "We do not intend to allow our sanctions to be evaded by Europe or anybody else."

President Donald Trump has looked to other oil producers to pick up the slack ahead of midterm elections, but output disruptions in key OPEC countries present limits. Helima Croft, a former CIA analyst who is now head of commodities research at RBC, said plummeting production in Venezuela and Angola leaves little room to balance other supply risks in Libya, Nigeria and Iraq. 

"The countries that can increase are very small in number," she said, adding that there are questions about how long Russia can keep raising output. "It's really only Saudi Arabia at this point." 

Following requests from the White House, Riyadh said earlier this year it could increase output by a "measurable amount." While Saudi Arabia accounts for the lion's share of OPEC production, some analysts are skeptical it has enough spare capacity to fill the gap while maintaining adequate reserves. 

Trump has repeatedly taken aim at OPEC for rising energy prices, even after it came to a rare agreement to ease production restrictions in June. The 15-member group has been coordinating output levels since 2016 in efforts to tackle a global oil glut.

"We protect the countries of the Middle East, they would not be safe for very long without us, and yet they continue to push for higher and higher oil prices!" the president said in a recent tweet. "We will remember. The OPEC monopoly must get prices down now!"

That strategy may have encouraged member countries to increase production in the past, Croft said, but will likely become less effective as the global oil cushion shrinks. Output from the 12 countries bound by the supply-cutting agreement actually fell by 70,000 barrels per day in September, a Reuters survey found. 

"With Trump and these tweets, I think there are diminishing returns," she said. "In terms of going forward, we're looking at an ever-shrinking pool of OPEC barrels. You can yell at them. But if they don't have the barrels, they don't have the barrels."

While the administration has said it may grant sanction waivers to avoid supply shocks, a tactic used in the Obama era, it has still maintained an objective of sending Iranian oil exports to zero. The White House did not respond to an email requesting comment.

At $100 a barrel, the Bank of America economists said oil costs would dampen consumer demand not only for gasoline but also for other goods and services. That level of energy prices is expected to shave two basis points from global growth in 2019. 

"This is not a major impact, but it isn’t trivial either," they said. "Moreover, with oil supplies so tight any further disruption could mean a major spike in oil prices, creating more nonlinear impacts on confidence and growth."

On Monday, the International Monetary Fund lowered its global economic growth forecast for this year and next. The international lender cited in its report "rising trade barriers and a reversal of capital flows to emerging market economies with weaker fundamentals, and higher political risk."

Screen Shot 2018 10 09 at 12.07.40 PM

SEE ALSO: An ongoing market trend that typically appears during global recessions could have a 'phenomenally painful' ending, the $603 billion investor Allianz says

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          Tesla surges after analyst says he doesn't see it needing to raise more cash (TSLA)      Cache   Translate Page      

elon musk tesla

  • Tesla shares were up more than 4% Tuesday after Macquarie initiated coverage with a $430 price target — more than 60% above where shares were trading.
  • Analyst Maynard Um said Tesla is "uniquely positioned to emerge as the leader in vehicle ecosystem platforms" so long as it can clear its debt hurdle, and that the second half of this year is crucial.
  • He says Tesla won't need to raise more cash this year.
  • Not everyone on Wall Street agrees.
  • Watch Tesla trade in real time here.

Tesla shares are surging Tuesday after Macquarie jumped aboard the bullish bandwagon, saying the electric-car maker is "uniquely positioned to emerge as the leader in vehicle ecosystem platforms."

The firm initiated coverage with an "outperform" rating and $430 price target — more than 60% above where shares were trading Tuesday. 

Macquarie's note comes just after Tesla closed at its lowest level in more than one and a half years. Shares had plunged more than 35% since August 7, the day CEO Elon Musk tweeted that he had "funding secured" to take the carmaker private at $420 a share. 

"We believe the auto industry is on the precipice of a multi-decade transformation driven by disruptive innovation and technology — the same dynamic forces that transformed many other technology industries," analyst Maynard Um said in a note sent out to clients on Tuesday. 

"We believe those focused on the path to highly disruptive ecosystem platforms, including the necessary journey to electric & autonomous, will be the potential winners. We see Tesla as uniquely positioned given its lead in deep software platform integration into its electric vehicles and its position in autonomous with more than 8 million miles of real-world driving data per day."

But before it can get there, Um says Tesla must clear some very large hurdles — mainly the company's ability to repay its $11.5 billion of debt outstanding, which includes $920 million in convertible bonds that could become due if the stock price doesn't hit $360 by March 1 — and that the second half of 2018 will be a crucial period for the company. 

He says its health coming out of that period will be determined by four key factors:

  1. Vehicle production ramp. Tesla has said it can ramp up production of its Model 3 sedan to 7,000 per week by year end and 10,000 per week by the middle of next year. Um says his model bakes in an average of 5,400 per week in the fourth quarter. 
  2. End-market demand. The ending of lifetime supercharging could pull demand forward into the third quarter, Um says. He believes the coming reduction of tax credits in the US and the Netherlands could increase demand in the near term. 
  3. Zero-emissions vehicle credits [and/or 4. Raising cash]. Um says Tesla could bring in $634 million of revenue in the back half of 2018 by selling its surplus of zero-emission tax credits.  

"With a cash balance of $1.29 billion excluding customer deposits, our estimated free cash flow of $436.8 million through 1Q 2019, and over $1.2 billion in unused debt commitments, we believe the company should have enough cash to cover the aggregate debt coming due of $1.7 billion over the next three quarters ($189 million in Q3, $519 million in 4Q, and $1.02 billion in 1Q19)," Um concludes.

"While this would reduce the cash it has on hand, we believe this is enough to get Tesla over the hump to self-sustain without a need necessarily for an additional capital raise."

But not everyone agrees. Some analysts on Wall Street have been sounding the alarm on the need for more cash

Alexander Diaz-Matos, an analyst at the credit research firm Covenant Review, suggested last month that Tesla could pledge intellectual property, similar to what Ford did in 2006, in order to provide "meaningful liquidity in a crunch." 

And Morgan Stanley's Adam Jonas thinks the carmaker will raise $2.5 billion in the fourth quarter — even if it doesn't need the money — because it will be easier to do than when it's a dire necessity.

"We are increasingly of the view that the confluence of economic, competitive, regulatory, political, and technological forces may challenge Tesla’s status as a stand-alone entity," Jonas wrote. "Whether this results in a positive or negative outcome for existing shareholders vs. the current share price is much harder to determine at this time."

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          Trump is planning a big change to your gasoline as a boost for one of the states hit hardest by his trade war      Cache   Translate Page      

donald trump make farmers great again

  • President Donald Trump is scheduled to visit Council Bluffs, Iowa, on Tuesday.
  • Trump is set to announce earlier in the day a change to national fuel standards that would give a boost to Iowa corn farmers.
  • The Trump administration is expected to allow the expanded use of E15, a fuel that contains 15% ethanol and 85% gasoline. Currently, most fuel is 10% ethanol and 90% gasoline.
  • Farmers in the state are being battered by the international response to Trump's tariffs.

President Donald Trump is set to try to make an appeal to one of the states hit hardest by his administration's tariffs by offering a policy tweak long sought by Iowa's farming industry.

Trump on Tuesday will head to Council Bluffs in Iowa, which has been rocked by retaliatory tariffs in response to the US's trade restrictions.

"Will be going to Iowa tonight for Rally, and more!" Trump tweeted. "The Farmers (and all) are very happy with USMCA!"

The "and more" could be a reference to a new policy the White House is expected to announce on Tuesday designed to provide a boost to Iowa farmers and fulfill a longtime promise from the president.

Trump is set to unveil an expansion of the use of E15, a fuel mixture of 85% gasoline and 15% ethanol, a corn-based fuel. Currently, the Environmental Protection Agency bans the use of E15 during the summer because of smog concerns. The changes are expected to lift that ban by next summer.

The year-round use of E15 has long been a goal for Midwestern politicians and Iowa's farming industry, particularly the state's Republican senators, Chuck Grassley and Joni Ernst. Trump promised in the run-up to the 2016 election to expand E15 use.

"He thinks that it's good to have domestically produced energy here, and he thinks it will be good for the agriculture industry as well as the economy overall," a senior administration official told reporters Monday.

The move is likely to set off a fight with the oil industry, which opposes the shift to a higher percentage of biofuels, and could prompt backlash from oil-state politicians, such as GOP Sens. Ted Cruz and John Cornyn of Texas. Most fuel is 10% ethanol, and the oil industry argues that higher levels of ethanol can be harmful to car engines, though the EPA has approved the use of E15 in all light-duty cars since 2001.

In an attempt to assuage the industry, the Trump administration is also expected to propose changes to a system of credits that allow oil refiners to get around certain ethanol obligations.

While the move is a big win for farmers in the Midwest, it may also be an effort to soften the blow from Trump's intensifying trade war with China and other nations. Iowa, in particular, is expected to take a significant hit from the trade disputes.

According to the Center for Agriculture and Rural Development at Iowa State University, Iowa's gross state product could take a hit of $1 billion to $2 billion from Trump's trade fights. Similarly, the US Chamber of Commerce has estimated that $1.4 billion worth of Iowa exports are subject to retaliatory tariffs from China, Canada, Mexico, and the European Union.

The move follows other efforts from the Trump administration to soften the blow of retaliatory tariffs, including $4.7 billion in aid to farmers from the Department of Agriculture.

It also carries a political benefit for the GOP, which is fighting to keep the governor's mansion in Iowa. According to the RealClearPolitics average of recent polls, the Democrat Fred Hubbell is up 3.5 percentage points over the Republican incumbent, Kim Reynolds, who took over as governor in 2017 after Terry Branstad became Trump's ambassador to China.

Meanwhile, GOP Rep. David Young, from Iowa's 3rd District — which includes Council Bluffs — is facing a tough challenge from the Democrat Cindy Axne.

SEE ALSO: Trump's favorite report card for the trade war keeps getting uglier

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          Walmart is looking into selling cannabis products in its Canadian stores      Cache   Translate Page      

Walmart

  • Walmart's Canadian division is exploring the sale of marijuana products in its stores, according to reports.
  • The company said it had carried out some "preliminary fact-finding" on carrying CBD-infused products in its stores, but it had no immediate plans.
  • Canada is set to legalize marijuana federally on October 17, and analysts expect CBD to show up in products ranging from beverages to skincare. 

Walmart may be the next big retailer to get into the marijuana business.

The big-box retailer's Canadian division told Bloomberg it has carried out some "preliminary fact-finding" on potentially carrying CBD (or cannabidiol) infused products, but has no plans to do so yet. Walmart's stock was up 2% following the reports.

CBD is a non-psychoactive component of marijuana that's linked to a range of health benefits but can't get you high.

Canada is set to legalize marijuana federally on October 17In the US, the CBD market is estimated to be a $1 billion business, and some analysts believe the market could explode to $22 billion across a range of categories, including beverages, snacks, and beauty products, in the next four years.

Coca-Cola is reportedly eyeing a deal with Aurora Cannabis to produce beverages infused with CBD for the Canadian market. Constellation Brands — the beermaker behind Corona and Modelo — recently paid $4 billion for a 38% stake in the Canadian cultivator Canopy Growth.

On top of that, Lagunitas, Heineken's popular California-based brand, recently developed a hoppy, THC-infused sparkling water. And Molson Coors recently entered a joint venture with Hexo, a publicly-traded cultivator, to produce marijuana-infused beer for the Canadian market. 

"Health and wellness consumers are beginning to find value and use cases from CBD-based oil extracts, tinctures, topicals and capsules to improve everyday life," Vivien Azer, an analyst at the investment bank Cowen said in a note on Tuesday.

"We expect to see CBD used as a functional ingredient in non-alcoholic beverages," Azer said. 

Read more of our cannabis industry coverage:

SEE ALSO: An executive who led turnarounds at Victoria’s Secret and American Eagle reveals what the cannabis industry can learn from big retail brands

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          An ongoing market trend that typically appears during global recessions could have a 'phenomenally painful' ending, the $603 billion investor Allianz says      Cache   Translate Page      

trader

  • The performance gap between US stocks and stocks elsewhere is at its highest level in several years.
  • Neil Dwane, a portfolio manager who is the global strategist at Allianz Global Investors, sees a binary outcome: It could be "phenomenally" painful or profitable for investors.
  • "At some point you're going to have to sell the winners," he told Business Insider.

Looking past the volatility of the past couple of days, the US stock market remains the clear global winner.

Strong earnings and economic growth have helped extend the bull market's lifespan into a record ninth year. US stocks now stand in sharp contrast to those elsewhere, which lost a tailwind of simultaneous economic growth this year and are underperforming the US in a way not seen since the 2008 crisis. The MSCI All-Country World Index excluding the US has shed 8% this year, while the S&P 500 has soared by the same amount.

The world's largest economies are no longer expanding in sync, but there's no global recession either. That's what makes US stocks' outperformance unusual and is why it could have a sour ending, according to Neil Dwane, a portfolio manager who is the global strategist at Allianz Global Investors, which manages 524 billion euros, or $603 billion, in assets.

"The question I'm increasingly asking my team is, 'Is the rest of the world going to recouple to the US?'" Dwane told Business Insider in a recent interview.

"Or at some point, is everyone going to look at the US and go, 'They need to recouple to the rest of the world — down?'" he added. "The more this divergence continues, it's either going to be phenomenally powerful to buy the losers because they're going to catch up, or it could be phenomenally painful because at some point you're going to have to sell the winners."

Read more: Why $603 billion Allianz is bracing for a rocky end-of-year ride for markets

It's not unusual for there to be a gap between US stocks and emerging-market stocks, and these typically run in multiyear cycles.

Dwane highlighted a few reasons the gap this time could resolve with emerging markets catching up or US stocks falling.

Regarding possible US headwinds, he pointed to the strong dollar, which has gained about 4% this year against its G10 peers, making it more expensive for foreign companies and governments that have borrowed with dollars to meet their debt obligations. It's a risk the Bank of International Settlement has said could lead to "lower growth on average, including deeper and prolonged recessions."

"A leveraged world that has actually solved the debt crisis with more debt just increases the fragility that one sees around the rest of the world," Dwane said.

Dwane also noted that the US was further ahead than most countries with monetary tightening. "It's the US that has the extended cycle," he said. And even though interest rates remain low by historical standards, investors are betting — and worried — that the Federal Reserve will continue raising interest rates through 2020. Also, the US is also enjoying the "sugar high of Trump's fiscal policy" in the form of tax cuts, he said.

"The risks and the valuation are all against the US, and yet that's the only winner," he said.

As Dwane said, it's also possible that emerging-market performance catches up to US stocks. While he fell just short of making the specific recommendation to hunt for emerging-market assets, it's one that's being made across Wall Street, from the billionaire investor Jeremy Grantham to Merrill Lynch.

SEE ALSO: 'The weak are suddenly going to get weaker': Why $603 billion Allianz is bracing for a rocky end-of-year ride for markets

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          Google reveals the Pixel 3 and Pixel 3 XL      Cache   Translate Page      
There have been so many leaks surrounding Google's latest Pixel phones that today's announcements felt like little more than a formality. Nevertheless, the Pixel 3 and Pixel 3 XL are now official. Taking design inspiration from numerous other handset manufacturers, the new Pixels move away from previous models and have a glass construction. The 5.5-inch Pixel 3 does not feature a notch, but the 6.3-inch XL model does; both handsets feature a Snapdragon 845 SoC, 4GB of RAM, and 64 or 128GB of storage -- and, of course, Android Pie. See also: Google pulls out of $10 billion Pentagon cloud… [Continue Reading]
          Snap sinks to record low after analyst reportedly says it's 'quickly running out of money' (SNAP)      Cache   Translate Page      

Evan Spiegel

  • Snap is sliding on Tuesday after MoffettNathanson analyst Michael Nathanson reportedly slashed price target, saying the company is "quickly running out of money."
  • Last quarter the social-media company reported its first-ever decline in sequential daily active users and said its cash burn was up in the second quarter.
  • CEO Evan Spiegel recently sent out an internal memo admitting the company moved too fast in 2018 and laid out a path to profitability in 2019, but Nathanson is skeptical.
  • Watch Snap trade in real time here.

Snap shares were down more than 4% early Tuesday, hitting a record low of $7.15, after MoffettNathanson analyst Michael Nathanson slashed price target to $6.50 from $8, saying the social-media company is "quickly running out of money."

By the Nathanson's calculation, Snap needs a capital raise in the middle to end of 2019, as reported by StreetInsider.

Snap's second-quarter earnings, released on August 7, showed the company topped both the top and bottom lines, but that it suffered its first-ever decline in sequential daily active users. Additionally, the company's cash burn jumped to $234 million from $229 million in the same quarter of 2017. 

The decline in user trend "was primarily driven by a slightly lower frequency of use among our user base due to the disruption caused by our redesign," CEO Evan Spiegel said on a call with analysts after the earnings report.

In February, Snapchat released a controversial app redesign that triggered backlash from users — including celebrities like Kylie Jenner, who tweeted to her 24.5 million followers, "Sooo does anyone else not open Snapchat anymore?The main complaint was the redesign separated celebrity Snapchat stories from those that came from your friends. Jenner's tweet wiped out more than $1 billion from Snap's market capitalization in a single day. 

Last Week, Spiegel sent out an internal memo running over 6,500 words long, admitting the company moved too fast in 2018 — specifically referring to the controversial Snapchat redesign — adding that Snap has "lost the core of what made Snapchat the fastest way to communicate." The internal memo outlined company-wide goals for 2019, including accelerating revenue growth and achieving full-year positive free cash flow and profitability.

Commenting on Spiegel's internal memo, Nathanson, according to StreetInsider, said he is "skeptical" and that he doesn't "have faith in Snap’s leadership to navigate these rapids."

Snap was down 51% this year through Monday.

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          Assistant QC Manager - Cheyenne , WY - Walmart - Cheyenne, WY      Cache   Translate Page      
Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. With fiscal year 2017 revenue of $485.9 billion, Walmart...
From Walmart - Thu, 04 Oct 2018 11:57:32 GMT - View all Cheyenne, WY jobs
          Freight Handler PAT - Walmart - Cheyenne, WY      Cache   Translate Page      
Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. With fiscal year 2017 revenue of $485.9 billion, Walmart...
From Walmart - Sun, 30 Sep 2018 09:41:18 GMT - View all Cheyenne, WY jobs
          Nigeria’s central bank to meet with MTN: sources      Cache   Translate Page      
Nigeria’s central bank governor will meet with MTN Group and four banks to negotiate a dispute over $8.1-billion the bank says was transferred illegally out of the country, sources said.

          Estimating India’s population      Cache   Translate Page      
Researchers find that education levels are an important factor in projecting a country’s population Sometime in 2017, the UN released projections on India’s population. It said that the population would peak at around 1.675 billion people in the 2056-2066 period, Read More ...
          North Korean hackers tried to steal $1.1-billion in attacks on banks      Cache   Translate Page      
A North Korean hacking group has tried to steal at least $1.1-billion in a series of attacks on global banks over the past four years, according to cybersecurity firm FireEye.

          US Agriculture’s Sonny Perdue says farmer aid could be less than first estimated      Cache   Translate Page      

The U.S. Department of Agriculture’s $12 billion package to help offset losses from retaliatory tariffs on American exports could end up being smaller as the department looks to recalculate the amount after an agreement to update NAFTA, Agriculture Secretary Sonny Perdue said on Tuesday. Speaking to...

The post US Agriculture’s Sonny Perdue says farmer aid could be less than first estimated appeared first on Raw Story.


          AutoCareCenterMgrTrainee - Gillette WY - Walmart - Gillette, WY      Cache   Translate Page      
Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. With fiscal year 2017 revenue of $485.9 billion, Walmart...
From Walmart - Thu, 04 Oct 2018 11:57:59 GMT - View all Gillette, WY jobs
          Pampanga Flood Protection Plan Includes Dredging      Cache   Translate Page      
The Philippines Department of Public Works and Highways (DPWH) held a ground breaking ceremony today for a multi-billion flood-mitigation project that will cover five low-lying municipalities in...

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          Assistant QC Manager - Cheyenne , WY - Walmart - Cheyenne, WY      Cache   Translate Page      
Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. With fiscal year 2017 revenue of $485.9 billion, Walmart...
From Walmart - Thu, 04 Oct 2018 11:57:32 GMT - View all Cheyenne, WY jobs
          Freight Handler PAT - Walmart - Cheyenne, WY      Cache   Translate Page      
Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. With fiscal year 2017 revenue of $485.9 billion, Walmart...
From Walmart - Sun, 30 Sep 2018 09:41:18 GMT - View all Cheyenne, WY jobs
          10/10/2018: News: Bridges urges petrol tax reversal      Cache   Translate Page      

National Party leader Simon Bridges is calling for the Government to reverse the new petrol taxes in light of the $5.5 billion operating surplus. The debate around the cost of petrol is heating up amid revelations that almost $1.18 in every litre of...
          Google Will Work With China, But Not the Pentagon      Cache   Translate Page      
<p>Google as an international company seems to have different priorities. The tech giant announced on October 9 that it was dropping out of the $10 billion dollar contract bidding for the Pentagon initiative known as JEDI.</p>
          Banks sign up to William’s mission to disrupt illegal wildlife trade      Cache   Translate Page      
Financial institutions have committed to tackling the multibillion-pound criminal trade in poached products such as rhino horn and elephant tusks.
          Apple Said to Have 'Dramatically Reduced' Multi-Billion-Dollar iPhone Repair Fraud in China      Cache   Translate Page      
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          UAE Personal Care Products Market is Set to Augment at a CAGR of 5.3%      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) UAE personal care products market is expected to expand at a CAGR of 5.3% over the forecast period, 2017-2025 to harness USD 4.8 billion by 2025. High disposable income of people in the UAE and intense competition between major brands to exploit the opportunities...
          10/10/2018: News: $5.5b surplus for rainy-day cash      Cache   Translate Page      
The Government’s books are in healthy shape, with a $5.5 billion surplus and debt falling below the Finance Minister’s 2022 target four years early. At the release of the Government’s June 2018 financial statements, Finance Minister Grant Robertson...
          Washington state schools chief adds capital-gains tax, special education to his budget wish list      Cache   Translate Page      

Washington state's superintendent of public instruction wants a $2 billion capital-gains tax to pay for cuts in the statewide property-tax rate for schools and additional spending on special education, dual language programs and other K-12 priorities.
          IRS overlooks billions in tax noncompliance for tips      Cache   Translate Page      
The Internal Revenue Service generally is not enforcing the tip agreements it has in place with some businesses, according to a new report.
          Google files appeal of $5 billion EU fine      Cache   Translate Page      
Earlier this year, the European Commission fined Google for its restrictions on Android device makers and network operators.

          College endowments hit record values, and maybe ire of lawmakers, as new tax hits      Cache   Translate Page      
Harvard University’s $39.2 billion endowment has reached a record value. So did Yale. And Brown. And Dartmouth.
          Mobile Commerce And Grocery Commerce Market – To Grow in the Coming Years, New Research explores Factors Responsible 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) Global Mobile Commerce and Grocery Commerce Market Analysis According to Verified Market Intelligence, The Global Mobile Commerce and Grocery Commerce Market was valued at USD 270.76 billion in 2017 and is projected to reach USD 2,411.45 billion by 2025, growing...
          2019 polls not under threat… there’s outstanding N300bn in 2018 budget -Dogara      Cache   Translate Page      


Yakubu Dogara, speaker of the house of representatives, says the 2019 polls is not under threat over the delay in the passage of budget for the polls.

He said there is a N300 billion in the 2018 budget set aside to take care of contingencies like the conduct of the elections.

Before the lawmakers embarked on their annual recess in July, President Muhammadu Buhari had sent a supplementary budget of N242 billion to be passed for the 2019 elections.

Although the budget has been considered by the relevant committees, it has not been passed about four months to the elections. This has raised fears that the delay might affect the conduct of the elections.


But addressing journalists in Abuja on Tuesday, Dogara said the national assembly is committed to ensuring a smooth conduct of the elections.

Recalling there are days bills were passed within one week, the speaker said the lawmakers would give it accelerated hearing once they get the committees’ report.

“You see we are servants of the people by our calling as representatives of Nigerians and we don’t have the right to put our interests forward before the interests of the people,” he said.

“We are here to serve public good, these issues are outstanding and it was never going to be threatened in any way as was widely perceived, because we have a provision in the budget for service-wide votes, about N300 billion and whatever was the emergency would have been met from that service-wide fund that we have allocated in the budget.

“As we are back, we have set ourselves to accomplish what is there in the interest of the people. Even if it means in a day or two we will accomplish that, even if it means handling it as we did for the ease of doing business bills.

“So nothing is impossible and I can assure you that as soon as we get the reports submitted from the various committees hopefully within the week, in no time, we should be able to deal with them, whether it is the electoral act or the funding for elections.”


          What Advertisers Want to Know About #Programmatic #Adtech $GOOD.ca $TTD $RUBI $AT.ca $TRMR $FUEL      Cache   Translate Page      
By Ronan Shields Programmatic advertising is arguably the most important trend in advertising that is a necessitating a root and branch reformation of every tier of the media industry. Research firm eMarketer asserts that $46 billion in ad dollars will be spent using such technologies in 2018 and that more than 82 percent of U.S. […]
          Two partners in Planet Oasis mega-entertainment complex each say the other is out – The Columbus Dispatch      Cache   Translate Page      
The Columbus DispatchThe team proposing a $2 billion sports and entertainment center in Delaware County has apparently split, raising questions about who is moving forward on the 350-acre development planned for Rts. 36/37 and I-71. The development company Blue … and more …read more Source:: Entertainment News From Google News
          Court orders investigation of APC chairman, Adams Oshiomhole for alleged corruption      Cache   Translate Page      


A Federal High Court sitting in Abuja has ordered the investigation of former Governor of Edo state, Comrade Adams Oshiomhole.

Justice Anwuli Chikere on Tuesday directed that Oshiomole, now the National Chairman of the All Progressives Congress, APC, be served with an application brought before the court by an anti-corruption crusader, Bishop Osadolor Ochei, seeking an order of mandamus compelling the Economic and Financial Crimes Commission, EFCC, to arrest and commence criminal proceedings against Oshiomhole over allegations of financial fraud.

The Judge also ordered that the anti-graft agency be also served with the court process, stressed that the service be done within five days from October 9, 2018, when the order was made.

Bishop Ochei’s counsel, Dr West-Idahosa while arguing a motion ex-parte filed in Suit No FHC/ABJ/CS/628/ 2018 urged the Court to allow Oshiomhole and the EFCC, who are the respondents in the suit to file a reply to the weighty allegations made against them by the Applicant in support of the Federal Government’s anti-corruption fight.


The exparte motion followed Bishop Ochei’s petition to the EFCC on October 28, 2016, ‎against Oshiomhole, who was governor of Edo state from November 2008 to November 11, 2016.

Dr Idahosa, in praying the court to grant the request of his client, referred the court to 86 exhibits filed in support of the application and added that there are documents and electronic pictures of palatial houses of the former governor, whose earnings all his life cannot acquire and that, there are evidence on how Oshiomhole allegedly diverted money for Edo state project to personal projects.


The Counsel added that there are vouchers of exorbitant airfares that the former governor incurred, stressing that the amount of the airfares are enough to buy air carrier for Edo state people.

He said there are receipts of how the ex-governor used huge amount of money of the state to repair his private vehicles and urged the court to grant the relief of his client, saying that EFCC has arrested and prosecuted lesser crimes and there is no reason why the anti-graft agency should ignore the petition.

Justice Chikere adjourned till 23rd October 2018 for arguments from all the parties in the matter.

Bishop Ochei, in the motion, wants the court to declare that the anti-graft agency has the statutory duty to investigate and prosecute the former governor, upon his allegations against him in line with the Act, establishing the commission.

The allegations bother on the diversion of Edo state fund by the former governor, now the national chairman of the All Progressives Congress (APC) to his personal use.

In an affidavit deposed to personally by the applicant, he averred that, in view of the fact that corruption has become a societal ill which has eaten deep into the fabric of the society and there is the need for the EFCC to take complaints against corrupt practices serious.

He said he has severally complained to the EFCC about allegation of corrupt practices against Oshiomhole without eliciting any response or interest by the commission.

According to him, “On May 4, 2012, one Matthew Edaghese sent a petition to the EFCC, complaining that while serving as governor, Oshiomhole built mansions on a huge expanse of land worth more than N10 billion, in excess of the former governor’s legitimate means of income as governor.

‎”That EFCC did nothing about the petition”, Bishop Ochei stated and added that he had, in 2016 petitioned against Oshiomhole’s corrupt practices without any action by the EFCC.

He accused the former governor of corruptly enriching himself with the fund of the Edo state government.


          Fayose slams N20bn suit on EFCC over watchlist order      Cache   Translate Page      


Ekiti State Governor, Mr. Ayodele Fayose has slammed an N20 billion suit on the Economic and Financial Crimes Commission (EFCC) for placing him on a watchlist and directing that he should be arrested if he attempts to travel out of the country despite being a sitting governor conferred with constitutional immunity against any criminal
proceedings.

He said that the EFCC’s order did not only breach his constitutional immunity but that it also exposed him to public opium and ridicule, adding that directing that he should be arrested was anathema to the laws of the land.

In a letter by his counsel, Obafemi Adewale, dated September 3, 2018, the governor had given EFCC 72 hours to withdraw the request/directive to Security Agencies to place him on security watchlist and publish a written apology to all security agencies in Nigeria, three National Newspapers and the Social Media.

Special Assistant to the Governor on Public Communications and New Media, Lere Olayinka, said in a statement issued on Tuesday, that consequent upon EFCC failure to accede to his demands as contained in the letter, Governor Fayose’s counsel filed the suit number FHC/ABJ/CS/1087/2018 in Abuja last Friday.


It should be recalled that EFCC had tweeted on July 16, 2018 through its official Twitter handle @officialEFCC concerning Governor Fayose
that, “The parri is over, the cloak of immunity is torn apart and the staff broken, Ekiti Integrated Poultry/Biological Concepts Limited N1.3bn fraud case file dusted off the shelves. See you soon.”

In the suit, Governor Fayose is seeking among other things; an order of the court mandating the EFCC to pay the sum of N20 billion as general damages to him for what he called “flagrant, deliberate, pre-meditated and reckless libel and unprovoked attack on his character and reputation
and the breach of his constitutional right/immunity as an incumbent Governor.”

He demanded that the EFCC should tender a written apology, which should be circulated to all security agencies in Nigeria and same
should be published in at least three widely read National Newspapers and through the social media.

The governor is also seeking a declaration that the statements contained in the EFCC letter dated September 12, 2018, and addressed to all security agencies in Nigeria portrayed him as a criminal, a fugitive and a run-away from the law, and that the statements are not
true, are malicious, are not fair statements.

He wants the court to further declare; “that the EFCC letter placing him on watchlist and directing his arrest on sight even while a sitting Governor is unconstitutional as same offends the clear provision of Section 308 of the 1999 Constitution of the Federal Republic of Nigeria (as amended) which clothes him with immunity against arrest and prosecution as an incumbent Governor.”

“That the tweet by the Defendant (EFCC) through its official Twitter handle, which was widely circulated through social media and published

on Punch Newspaper (online) of 16th July, 2018, with the particulars wordings pleaded in the Statement of Claim filed along with this Writ is not true, is malicious, is not a fair statement and presents the Plaintiff as a fraudster thereby ridiculing him and reducing him in the eyes of reasonable and right-thinking members of the society.”


          One of oldest coal companies in US files for bankruptcy      Cache   Translate Page      
One of the oldest coal companies in the U.S. filed for bankruptcy protection Tuesday to deal with more than $1.4 billion in...
          Online smartphone sales to cross $1 bn in festive sale: Counterpoint – Moneycontrol.com      Cache   Translate Page      
Moneycontrol.comSmartphone sales by online players like Flipkart, Amazon India and Paytm Mall are likely to cross USD 1 billion in the next five days, driven by exclusive launches, price cuts and exchange offers, research firm Counterpoint said Tuesday. The sales are … and more …read more Source:: Smartphone News by Google News
          Ford Prepares for Mass Layoffs After Losing $1 Billion to Trump’s Trade Tariffs, Report Says      Cache   Translate Page      
Morgan Stanley estimates that 12% of Ford jobs—or 24,000 workers—could be cut.
          Can Satanic Bankers Force Imran Khan To Borrow From The International Monetary Fund?      Cache   Translate Page      
 international monetary fund website, according to records, Pakistan has gone to the IMF 21 times since 1958, and the biggest loans have been in November 20008, with a $7.6 billion loan and the other in September 2013, for 6.6 billion. Pakistan's foreign currency reserves dropped last month to...

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          Google Appeals $5 Billion EU Fine      Cache   Translate Page      
Alphabet Inc.’s Google said it filed an appeal of the European Union’s €4.34 billion ($4.97 billion) antitrust fine for allegedly abusing the dominance of its Android operating system for mobile phones.
          10/10/2018: Fashion: LUXURY NOW      Cache   Translate Page      

Graduating from New York’s prestigious Parsons School of Design, and later working for Ralph Lauren, Tommy Hilfiger and Coach (the latter experiencing an increase sales from $500 million to $5 billion), Reed Krakoff is well-versed in what the American...
          Security Watch List: Fayose slams N20bn suit on EFCC      Cache   Translate Page      
Security Watch List: Fayose slams N20bn suit on EFCC

GOVERNOR Ayodele Fayose of Ekiti State has slammed a N20 billion suit on the Economic and Financial Crimes Commission, EFCC, for placing him on watch list and directing that he should be arrested if he attempted to travel out of the country despite enjoying immunity.

Continue reading Security Watch List: Fayose slams N20bn suit on EFCC at Vanguard News.


          Who Moved the Most on Bloomberg's Billionaire Index 10/09      Cache   Translate Page      
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          Banks sign up to William’s mission to disrupt illegal wildlife trade      Cache   Translate Page      
Financial institutions have committed to tackling the multibillion-pound criminal trade in poached products such as rhino horn and elephant tusks.
          E-Paper Display (EPD) Market is Expected to Reach USD 5.95 billion by 2023 with Leading Players E Ink Holdings, Plastic Logic, Cambrios Technologies Corporation, Amazon Liquavista, Clearink Display      Cache   Translate Page      
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          Stage : INTERNSHIP-QUALITY MANAGEMENT- M/F      Cache   Translate Page      
INTERNSHIP-QUALITY MANAGEMENT- M/F Airbus Toulouse Airbus is a global leader in aeronautics, space and related services. In 2017, it generated revenues of € 67 billion and employed a workforce of around 130,000. Airbus offers the most comprehensive...
          Amazon Now Number 3 in Ad Revenue, Some Customers Shifting 50% from Google to Amazon      Cache   Translate Page      

According to eMarketer and other ad agencies, firms are taking hundreds of millions of dollars in ad business from Google ()and handing it to Amazon (). Google is easily the market leader when it comes to ad revenue. The company booked over $95 billion in ad revenue alone in 2017, accounting for 86 percent of […]

The post Amazon Now Number 3 in Ad Revenue, Some Customers Shifting 50% from Google to Amazon by Shaun Williams appeared first on Wccftech.


          Industrial Control Systems Security Market 2018 Global Research, Major Manufacturers, Analysis, Demand and Forecast to 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) The Global Industrial Control Systems Security Market was valued at USD 9.98 billion in 2016 and is projected to reach USD 18.0 billion by 2025, growing at a CAGR of 6.75% from 2017 to 2025. The industrial control system security is the prevention of the interference...
          BFSI Security Market Analysis by Growth, Competitive Strategies and Forecast Research Report 2018-2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) The Global BFSI Security Market was valued at USD 30.54 billion in 2016 and is projected to reach USD 73.92 billion by 2025, growing at a CAGR of 10.32% from 2017 to 2025. Banking transactions which are able to be performed over an internet network possess the...
          Security Testing Market - Latest Trends, Global Analysis and Future Growth Study 2018 – 2025      Cache   Translate Page      
(EMAILWIRE.COM, October 10, 2018 ) The Global Security Testing Market was valued at USD 3.41 billion in 2016 and is projected to reach USD 15.50 billion by 2025, growing at a CAGR of 18.32% from 2017 to 2025. Security testing is defined as the course of action that is taken for the overall evaluation...
          Artisan Partners Asset Management Inc. Reports September 2018 Assets Under Management      Cache   Translate Page      
MILWAUKEE, Oct. 09, 2018 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its assets under management (“AUM”) as of September 30, 2018 totaled $116.6 billion. Separate accounts1 accounted for $58.7 billion of total firm AUM, while Artisan Funds and Artisan Global Funds accounted for $57.9 billion. ASSETS UNDER MANAGEMENT BY STRATEGY           As of September 30, 2018 – ($ Millions)     Growth Team     Global Opportunities 17,241     Global Discovery 132     U.S. Mid-Cap Growth 12,324     U.S. Small-Cap Growth 3,092           […]
          Ring CEO Jamie Siminoff wants to reduce neighborhood crime      Cache   Translate Page      

Ring began as a humble crowdfunded project called Doorbot — a Wi-Fi-enabled video doorbell that enabled two-way communication. In 2013, it was rejected on Shark Tank. This year, the company was acquired by Amazon for over $1 billion.

Nilay sat down with Ring CEO Jamie Siminoff on this week’s Vergecast to talk about joining the Amazon family of brands, the future of security in smart homes, and how Ring product owners may (or may not) work with law enforcement to make neighborhoods safer.


          Dairy Testing Market Worth $5.90 Billion by 2022      Cache   Translate Page      

The dairy testing market was valued at USD 3.86 Billion in 2016 and is projected to reach 5.90 Billion by 2022, at a CAGR of 7.4%.

Northbrook, IL -- (SBWIRE) -- 10/09/2018 -- The report "Dairy Testing Market by Type (Safety (Pathogens, Adulterants, Pesticides), Quality), Technology (Traditional, Rapid), Product (Milk & Milk Powder, Cheese, Butter & Spreads, Infant Foods, Ice Cream & Desserts, Yogurt), and Region - Forecast to 2022", The dairy testing market is projected to reach USD 5.90 Billion by 2022 from USD 4.13 Billion in 2017, at a CAGR of 7.4% from 2017. The market is driven by the increase in outbreaks of foodborne illnesses, globalization of dairy trade, and stringent safety & quality regulations for food. Lack of coordination among market stakeholders and improper enforcement of regulatory laws & supporting infrastructure in developing economies are the major restraints for this market.

Browse 78 Market Data Tables and 35 Figures spread through 156 Pages and in-depth TOC on "Dairy Testing Market - Forecast to 2022"

Early buyers will receive 10% customization on this report.

Download PDF Brochure

Safety testing is projected to be the fastest-growing segment during the forecast period

The market for safety testing is projected to be the fastest-growing, by type, from 2017 to 2022. Significant emphasis being laid on safety testing of food output with regulatory authorities focusing on addressing regulatory loopholes, preventing adulteration, malpractices, and labeling mandates are driving the market for safety testing of dairy.

Rapid technology is projected to be the fastest-growing market during the forecast period

Rapid technology is projected to be the fastest-growing during the forecast period due to its low turnaround time, higher accuracy, sensitivity, and ability to test a wide range of contaminants in comparison to traditional technology.

Make an Inquiry

Asia Pacific is projected to be the fastest-growing market during the forecast period

The market in the Asia Pacific region is driven by the growing consumer awareness and increasing health consciousness coupled with growing investments by testing companies in the region. Also, Asia Pacific is home to major dairy producing countries such as China, Australia & New Zealand, and India as these countries are becoming more aware of food safety and are implementing regulations for their testing.

This report includes a study of marketing and development strategies, along with the service portfolios of leading companies. It also includes the profiles of leading companies such as SGS, Bureau Veritas, Intertek, Eurofins, TUeV SUeD, and ALS Limited, among others.

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
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MarketsandMarkets™ INC.
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For more information on this press release visit: http://www.sbwire.com/press-releases/dairy-testing-market-worth-590-billion-by-2022-1060231.htm

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          Automotive Battery Sensor Market Huge Growth Opportunities by Rising Demand for Battery Electric Vehicles      Cache   Translate Page      

Automotive Battery Sensor Market by Voltage Type (12V, 24V, and 48V), Communication Technology (LIN and CAN), Hybrid Vehicle (HEV and PHEV), Vehicle Type (Passenger Car, LCV and HCV), and Region - Global Forecast to 2025

Northbrook, IL -- (SBWIRE) -- 10/09/2018 -- The report "Automotive Battery Sensor Market by Voltage Type (12V, 24V, and 48V), Communication Technology (LIN and CAN), Hybrid Vehicle (HEV and PHEV), Vehicle Type (Passenger Car, LCV and HCV), and Region - Global Forecast to 2025", The automotive battery sensor market is estimated to be USD 2.35 billion in 2018 and is projected to reach a market size of USD 4.92 billion by 2025, growing at a CAGR of 11.09% during the forecast period. The market is driven by factors such as the rising demand for fuel-efficient vehicles, increasing vehicle production, rising emission concerns, and growing demand for high- end cars.

Browse 70 market data Tables and 53 Figures spread through 134 Pages and in-depth TOC on"Automotive Battery Sensor Market"

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/automotive-battery-sensor-market-64806049.html

The 12V segment is estimated to be the fastest growing in the automotive battery sensor market during the forecast period

The increasing demand for fuel-efficient vehicles has led to the introduction of IBS for 12V lead-acid batteries. IBS helps to curb CO2 emissions and increases the fuel efficiency of a vehicle. It also helps to optimize the electrical power system and battery functioning and enhances the battery life. With the advancements in technology, a 12V intelligent battery sensor is used to monitor the battery status. IBS provides information on the state-of-charge, state-of-function (power ability), and state-of-health (aging) of the 12V lead-acid battery. The growth of the market can be attributed to the rising demand for IBS in developing countries such as Mexico, India, China, and others. Also, increasing vehicle production worldwide, government regulations, and rising demand for fuel-efficient vehicles are boosting the overall growth of the market.

Passenger car to be the largest segment of the automotive battery sensor market, by vehicle type

The passenger car segment of the automotive battery sensor market is estimated to be the largest market. The growth of this segment is expected to continue due to the increasing production of passenger cars, stringent emission laws, and growing demand for luxury vehicles. Also, the rising demand for fuel-efficient vehicles, coupled with increasingly stringent emission norms, has propelled the growth of the passenger car segment in the automotive battery sensor market.

Asia Pacific is projected to be the fastest growing regional market for automotive battery sensors

The Asia Pacific region is the largest and fastest growing market in the global automotive battery sensor market. The market growth in the region can be attributed to the production expansions made by automobile manufacturers to meet the rising consumer demand for luxury vehicles and fuel-efficient vehicles. Also, China and India are planning to launch China VI and Bharat Stage VI which is equivalent to Euro VI to control emissions. Also, the rising demand for light commercial vehicles in China and Japan is expected to drive the automotive battery sensor market in the region.

The key manufacturers operating in the market are HELLA (Germany), Continental (Germany), Bosch (Germany), Furukawa Electric (Japan), NXP (Netherlands), Vishay (US), Texas Instrument (US), Denso (Japan), ams AG (Austria), Inomatic (Germany), and TE Connectivity (Switzerland).
Don't miss out on business opportunities in Automotive Battery Sensor Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=64806049

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
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          UPDATE 1-SoftBank in talks to take majority stake in WeWork -WSJ      Cache   Translate Page      
Oct 9- Japan's SoftBank Group Corp is in talks to take a majority stake in shared office space provider WeWork Cos, in what would be one of the largest deals of the past decade's startup boom, the Wall Street Journal reported on Tuesday. The investment could be between $15 billion and $20 billion and would likely come from SoftBank's Vision Fund, WSJ reported, citing...
          Re: America Is Committing Suicide: Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars      Cache   Translate Page      

Who Bought $1.2 trillion in New US Treasuries over the past 12 Months? - Wolf Street

Russia, Japan, and the Fed dumped. So who bought?

China’s holdings of US Treasury bonds, notes, and bills, after rising in February and March, fell by $5.8 billion in April to $1.18 trillion. Thus, China’s holdings have remained within the same range since August 2017, despite threats of a trade war and rumors that it would dump US Treasuries. China remains the largest holder, a position it had lost during its era of peak capital-flight from October 2016 through March 2017.

Japan has been systematically reducing its Treasury holdings. In April, it disposed of another $12.3 billion, according to the Treasury Department’s TIC data released Friday afternoon. Over the past six months, it shed $63 billion. Since July 2016 it has slashed its holdings by $123 billion, the lowest since October 2011.

By the end of April – to stay within the time frame of the TIC data – the US gross national debt had reached $21.07 trillion. This was up by $1.22 trillion from a year earlier! So who bought this $1.22 trillion of new US Treasuries? Someone must have!

The gross national debt and its surge over the 12-month period are split in two ways:

Debt held “internally” by US government entities rose by $181 billion to $5.73 trillion.

Debt that is publicly traded soared by $1.05 trillion to $15.34 trillion.

This publicly traded debt of $15.34 trillion was held by these entities at the end of April:

15.6% or $2.39 trillion by the Fed as part of its QE

40.2% or $6.17 trillion by foreign entities (see above).

44.2% or $6.78 trillion by Americans, directly or indirectly.

And who bought $1.22 trillion in new debt over the past 12 months?

Not the Fed. Its Treasury holdings fell by $70 billion from the beginning of the QE-Unwind through April. Foreign holdings have only picked up $109 billion over the period. Leaves $1.01 trillion that someone else must have bought over those 12 months.

But who? Mostly American institutional and individual investors, directly and indirectly, through bond funds, pension funds, and other ways.

Yields (interest rates) have risen over the past 12 months, and these “risk free” Treasury yields are now competitive with the average S&P 500 dividend yield.


          Director, Podcasts - Sports Digital      Cache   Translate Page      
ABOUT US: SHOWTIME and its critically-acclaimed, award-winning original series continue to make their mark on the cultural landscape, with 1 of the most successful programming slates in all of tv. With an impressive line-up of new and returning original series, the SHOWTIME hit dramas and comedies include TWIN PEAKS, HOMELAND, SHAMELESS, BILLIONS, RAY DONOVAN, THE AFFAIR, I'M DYING UP HERE, SMILF, and THE CHI. SHOWTIME will also debut 2 limited series this year, PATRICK MELROSE staring Benedict Cumberbatch and ESCAPE AT DANNEMORA from Ben Stiller. Original series play a key part in the SHOWTIME programming mix, along with box office hits, comedy and music specials, provocative documentaries, and hard-hitting sports programming, including the flagship franchise SHOWTIME CHAMPIONSHIP BOXING®, the Emmy Award-winning documentary series ALL ACCESS, A SEASON WITH and the Emmy Award-winning veteran series INSIDE THE NFL.
          AutoCareCenterMgrTrainee - Gillette WY - Walmart - Gillette, WY      Cache   Translate Page      
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          Assistant QC Manager - Cheyenne , WY - Walmart - Cheyenne, WY      Cache   Translate Page      
Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. With fiscal year 2017 revenue of $485.9 billion, Walmart...
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          Freight Handler PAT - Walmart - Cheyenne, WY      Cache   Translate Page      
Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. With fiscal year 2017 revenue of $485.9 billion, Walmart...
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          Motion picture company CMPC designated as KMT affiliate      Cache   Translate Page      
Taipei, Oct. 9 (CNA) The Executive Yuan's Ill-gotten Party Assets Settlement Committee determined Tuesday at a committee meeting that the Central Motion Picture Corp. (CMPC) is an affiliate of the opposition Kuomintang (KMT) and will freeze its assets, worth NT$11.8 billion (US$380.58 million).
          TSMC reports 2nd highest monthly sales in September      Cache   Translate Page      
Taipei, Oct. 9 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, on Tuesday reported its second highest monthly sales of NT$94.92 billion (US$3.06 billion) in September.
          Google challenges record $5 billion EU antitrust fine      Cache   Translate Page      
Alphabet unit Google on Tuesday challenged a record 4.34-billion euro ($5 billion) fine imposed by European Union antitrust regulators three months ago for using its popular Android mobile operating system to thwart rivals.

          The Main Event: PACK EXPO International      Cache   Translate Page      
The world market for packaging machinery value is expected to reach $42.2 billion by 2021, according to PMMI’s “Global Trends Impacting the Market for Packaging Machinery 2018” report.
          The Opening Bell: Where currencies start on Wednesday, October 10, 2018      Cache   Translate Page      

By Dan Bell

The NZD opens at 0.6463.

In a pretty quiet last few days, the Kiwi has consolidated with no major news coming out. The Government did post a 5.5 Billion dollar Surplus, which was larger than expected. A lot of the Governments forecast spending has been delayed though, so this figure comes higher than it otherwise would. Not a tier 1 data point, it has not been widely reported in financial markets, though the Kiwi seems to be getting a bid on the back of it this morning.

Out of Ireland, their Foreign Minister Coveney came out saying there is a “Strong chance of a Brexit deal”. This saw quite a jump in the EUR and GBP, which were pared back as the UK Brexit minister commented that “Differences still remain” and that they are “Expediting the preparations for a no deal”. This really highlights how messy the market is going to be before we get a decision either way round Brexit.

GDP data is out of the UK at 21:30 NZD, though the US PPI Data would probably be expected to be a larger mover at 01:30.

Global Equity markets are basically flat: Dow -0.06%, S&P 500 +0.03%, FTSE 0.06%, DAX +0.25%, CAC +0.35%, Nikkei -1.32%, Shanghai +0.17%.

Gold prices are up 0.5% overnight trading at $1,185 an ounce. WTI Crude Oil prices have also increased, up 1.6% trading at $75.05 a barrel.

Current indicative rates:

NZDUSD 0.6463 0.2%
NZDEUR  0.5625 0.2%
NZDGBP 0.4917 -0.2%
NZDJPY 73.07 0.3%
NZDAUD 0.9109 0.0%
NZDCAD 0.8366 0.1%
GBPNZD 2.0335 0.2%

 

 

 

 

 

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Email:  

Dan Bell is the senior currency strategist at xe money transfer in Auckland. You can contact him here »

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          Westpac economist Michael Gordon argues capacity constraints are restricting government spending more than its debt rules      Cache   Translate Page      

Finance Minister Grant Robertson has spent the last few months reassuring New Zealanders that even though business confidence has been falling, the economy has actually been performing well.

However, when the first set of annual Crown financial statements published under his watch on Tuesday provided some great headline figures to back up his stance, he retreated a little.

Rather than boasting about the operating balance before gains and losses (OBEGAL) coming in higher than expected at $5.5 billion and the Government reaching its net core Crown debt reduction goal four years ahead of target, Robertson was a tad coy.

He accepted the financials for the year to June 30 gave him a solid “starting point,” but didn’t shy away from admitting that this was in part due to the Government spending its money slower than Treasury had forecast in the 2018 Budget.

So yes, it was great to see revenue (largely from taxes) increase more than expected.

But half of the operational expenditure undershoot from Treasury’s projections, could be attributed to “timing issues”, meaning it’ll be spent next year.

Treasury had expected the Government’s operational spend to reach $105.7 billion, but it only hit $104.0 billion.

Looking at its net core capital expenditure, this was expected to come in at $6.7 billion, but it only reached $5.9 billion (note this is still the highest it’s been since 2009).

Westpac senior economist Michael Gordon believes this shows that “spending up is hard to do”.

“Bottlenecks and capacity constraints have for some time been the main hindrance to a lift in infrastructure spending, not the Government’s self-imposed borrowing limits.”

So Gordon is saying it’s more a matter of the Government not being able to spend more than it is expected to, than it choosing not to do so.

He points to a note he sent out ahead of the Budget in May, in which he explained: “Projected spending is one thing, reality is another.

“From around 2015 the government began to recognise the need for a lift in capital spending, to support the rapid growth in the population. But we’ve yet to see actual spending rise beyond the levels seen over the last decade…

“The Treasury has cited delays and capacity constraints in the construction sector as reasons for the shortfall. In this case, the spending shortfall is added back into the following years’ projections.

“This backlog of delayed spending, plus the additions to spending plans in the last few Budgets, mean that the projections for capital spending over the next few years have ballooned out rapidly…

“The side effect of delayed spending is delayed borrowing. Net core Crown debt has fallen well below what was forecast in recent Budgets.

“Some of that can be put down to a stronger than expected tax take. But it’s also the case that the Government hasn’t had to borrow for projects that have yet to begin.”

Gordon concluded: “While we think that the Government could meet its net debt target quite comfortably, it may not be for the reasons they intended.”

He stands by those comments now, saying: “Overall, the accounts for the June 2018 year suggest a substantial amount of wiggle room for the Government in coming years.

“Some of that wiggle room could quickly disappear – the Treasury’s GDP forecasts are at the top of the market range, so there’s a strong risk that the tax take falls short if the economy doesn’t grow as rapidly as expected.

“But there is also room to provide some extra fiscal stimulus if the economy needs it.

“The challenge will be how to spend it, if bottlenecks are proving to be an issue in a number of areas.”


          Tariffs crimping supply chains; businesses adjust      Cache   Translate Page      
The US administration's tariffs on Chinese products, extended by $200 billion more in goods in September, are forcing businesses to rethink their supply chains.
          textbook$ Class Clowns: How the Smartest Investors Lost Billions in Education (Columbia Business School Publishing) Full Books 8950878      Cache   Translate Page      

Class Clowns: How the Smartest Investors Lost Billions in Education (Columbia Business School Publishing) Download at => https://belipdfbooksmurahcoll8u3w.blogspot.com/0231179286
          Energizer's Ac...uisition of Schick Razor Turns Out to Be Boon for Business.      Cache   Translate Page      
By Thomas Lee, St. Louis Post-Dispatch Knight Ridder/Tribune Business News Aug. 21--Energizer Holdings Inc.'s nearly $1 billion acuisition of the Schick-Wilkinson Sword razor business is starting to look like a stroke of inspiration. Since the deal was announced in January, Energizer shares have ... (Publication: Knight Ridder/Tribune Business News)
          Temporary Position - Lawn and Garden Teammate - Shopko - Powell, WY      Cache   Translate Page      
Shopko Overview: Shopko is a $3 Billion company with over 18,000 teammates. In the retail and retail health business for more than 50 years, we have over 300...
From Shopko - Sat, 04 Aug 2018 07:03:55 GMT - View all Powell, WY jobs
          Salesfloor Teammate - Hometown - Shopko - Powell, WY      Cache   Translate Page      
Shopko Overview: Shopko is a $3 Billion company with over 18,000 teammates. In the retail and retail health business for more than 50 years, we have over 300...
From Shopko - Sun, 24 Jun 2018 13:16:51 GMT - View all Powell, WY jobs
          How Disaster Capitalism Has Ruined Puerto Rico      Cache   Translate Page      
And what Cuba can teach the world about going a different route.

Amnesty International’s Secretary General Kumi Naidoo was recently in Puerto Rico. During his trip, Naidoo looked carefully at the aftermath of Hurricane Maria—the Category 4 hurricane in 2017 that tore through the Caribbean. No island in its path was spared, with Dominica’s Prime Minister Roosevelt Skerrit rightly calling the damage “mindboggling.” Puerto Rico, a part of the United States of America, was struck hard, but not much harder than the other islands. Yet, the relief, rehabilitation and recovery on this island have been slow—paralytically slow. Naidoo’s visit to Puerto Rico comes a year after Hurricane Maria and yet, as he wrote, “it is shocking that so many people are forced to live in such a precarious situation; even worse when they are part of one of the richest nations in the world.”

In January 2018, the Canadian journalist Naomi Klein spent a week in Puerto Rico as a guest of Professors Self-Assembled in Solidarity Resistance (PAReS). In 2017, before the hurricane, students at the University of Puerto Rico had gone on strike to defend public education. PAReS was created by some professors as a way to join the student struggle. Puerto Rico, over the course of the past decade, has been locked in a series of impressive battles over the suffocation of its public institutions by its local government and by its imperial overlords in Washington, D.C. (Puerto Rico is a colony of the United States).

During her visit, Naomi Klein visited not only areas hit hard by the storm and by the planned disregard by the state, but also places of imagination that try to create popular relief and reconstruction. These places included Casa Pueblo (Adjuntas), Dalma Cartagena’s Agriculture in Harmony with the Environment project (Orocovis) and the Mutual Aid Project (Mariana). It is here, in these places of experimentation and love, that Naomi Klein finds the antidote to the disaster capitalism that ruins Puerto Rico—ruined it before the hurricane, ruined it just after the hurricane and proceeds to ruin it for the future. Her report—first published in the Intercept—has now been released in the form of a small book by Haymarket Books.

Puerto Rico’s disaster is clear. Here is an island, part of the United States since the U.S. war on the Spanish Empire in 1898, where the people have little democratic control of its institutions and resources. Public finances in the island are a mess—the island is overwhelmed by $120 billion in debt and pension liabilities. Payment of these debts is constitutionally mandated, with debt servicing draining the state government of the ability to move an agenda to benefit the just over three million Puerto Ricans. Half the population could not find work before the hurricane struck, with public facilities killed off as the local government throttled them of funds. No wonder, then, that protests across the island had become a normal feature of life before Hurricane Maria.

One area of concern had been Puerto Rico’s electricity grid. As Naomi Klein reports, a shocking 98 percent of its electricity comes from fossil fuels. Without any local oil, gas or coal, Puerto Rico receives its fuel by ship, the people buying electricity at rates higher than paid for on the U.S. mainland. The imported fossil fuels and a centralized electricity grid left the island vulnerable to the shock of the hurricane. The grid collapsed in the hurricane, electricity not available for months and even now spotty in many places. Desire to privatize the electricity company is at the top of the list of desires by the U.S. government. Naomi Klein’s concept of disaster capitalism is made for this situation—as a disaster strikes, money is to be made by the oligarchy on the disaster, both on the defaulted bonds and on the privatization of public resources.

Disaster Socialism

Naomi Klein reports on the small voices of hope from Puerto Rico—organic farming that was able to feed people even as industrial food could not be distributed, solar panels on the roofs of cultural centers that provided energy for communities with no power for months on end. These little pockets of an alternative are precisely the norm in another island in the Caribbean—Cuba.

Cuba, like Puerto Rico, was struck hard by Hurricanes Irma and Maria, but the situation there was utterly different. Suffocated by the U.S. embargo and penalized by centuries of colonial plunder, Cuba—after the revolution—has struggled to create new pathways for its people. When a hurricane comes, Cuba prepares by moving its vulnerable population to safety and by detaching its already decentralized power system. The devastation is managed, the recovery as swift as possible. It should startle the reader that even though Cuba was hit by the same hurricane, it offered to send medical personnel and electrical workers to help the people of Puerto Rico (as it had offered help to the people of New Orleans after Hurricane Katrina, a storm that also struck Cuba with equal velocity).

Disaster socialism is a key part of Cuba’s landscape. Its people are organized into voluntary units and its infrastructure is decentralized to mirror the decentralization of governance on the island.

Pushed by the blockade (since 1963) and by a deep interest in sections of the Cuban Communist Party in ecological socialism, the Cubans held an ecological conference in 1980, created the National Commission for the Protection of the Environment and the Preservation of Natural Resources and passed Law no. 31 in 1981 to protect the environment. It was based on this current inside Cuba that Fidel Castro made the comment at the 1992 UN Rio Conference on Environment and Development, “Tomorrow will be too late to do what we should have done a long time ago.”

Cuba offers a window into country-wide projects based on the principles of agro-ecology—urban farming with biopesticides, farmers cooperatives, ban on construction of homes in coastal areas, Integrated Neighborhood Transformation Workshops (TTIB) that bring together neighbors who have a range of skills to solve problems for their own area. There are limits placed by the embargo and by history—reliance upon fossil fuels is one, while reliance upon food imports is another. But, in terms of the energy grid, after Hurricane Katrina in 2005, Cuba reformed its entire system, phasing out incandescent bulbs and breaking up the energy grid. Cuba plans to have a quarter of its energy needs from renewable sources in the next decades and hopes to deepen its use of renewable energy in the years to come.

What was experienced in Cuba was also experienced recently when the left-government in Kerala, India, and the socially conscious people of Kerala worked hard against the catastrophic floods that struck the state. At Tricontinental: Institute for Social Research, there is a full dossier on that flood and on the efforts of the left government and of Kerala’s society. The experience in Cuba, in other words, is not cultural—something about the Cuban people. It is structural—something about the benefits of a socialist society and state.

Naomi Klein rightly points out that the Puertopians—the libertarian anti-social capitalists who want to devour the world—seek to turn Puerto Rico into their little paradise. Their vision for Puerto Rico resembles what Cuba was under the control of the U.S. mafia and monopoly capital before the revolution. Their utopia is Cuba, c. 1958. Klein writes of the confrontation between two utopias, that of the Puertopians and that of the agro-ecological forces from Casa Pueblo and Organización Boricuá. But, there is a wider choice—between the savage disaster capitalism pushed by the U.S. government or the socialist experiments in Cuba and Kerala. The former—disaster capitalism—is a vision of states and corporations that drain social energy. The latter—socialism—works alongside social dynamism to create a new world.

This article was produced by Globetrotter, a project of the Independent Media Institute.

 

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          "At its peak, Apple was seeing 60% of warranty repairs in China and Hong Kong as being fraudulent, literally costing Apple billions of dollars per year"      Cache   Translate Page      
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Initially, Apple stopped allowing walk-in repairs and required reservation systems that supposedly ensured proof of ownership was provided. The system was beaten by hackers who exploited vulnerabilities in the web system who sniped all the time slots.

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          Honda Celebrates 10 Years of Automobile Production in Indiana      Cache   Translate Page      
This release contains: 1 Related Document, 4 Photos, 1 Video

Honda Manufacturing of Indiana, LLC (HMIN) today marked its 10th anniversary of automobile production at its plant in Greensburg, Indiana during a celebration with state and local government officials joining the celebration with Honda associates.

Honda began production in Indiana on October 9, 2008, producing the 4-cylinder Honda Civic Sedan with 1,000 associates on one shift. Today, HMIN operates two shifts with more than 2,500 associates producing the Honda Civic Sedan and CR-V – two of the industry's best-selling vehicles – as well as the all-new 2019 Honda Insight, a hybrid sedan. Cumulative production at HMIN is more than 1.8 million vehicles.

"This milestone is the result of the commitment our Honda associates in Indiana have made every day over the past decade to build products of the highest quality for our customers," said Isao Matsuzaki, president at HMIN. "Indiana is our home and with the strong support of our local communities, the state and beyond, we are excited about our future here in Greensburg."

Honda announced plans to build an auto plant in Greensburg in June 2006, breaking ground for the new plant in March 2007.  HMIN added a second shift of production in October 2011, doubling its production capacity to 200,000 vehicles per year. Today, HMIN has the capacity to produce 250,000 vehicles annually.

"Since launching production a decade ago today, Honda has had a lasting positive impact on the city of Greensburg, the southeast region and the entire state, helping propel our workforce and strengthen Indiana's reputation as a manufacturing powerhouse," said Indiana Secretary of Commerce Jim Schellinger. "With more than 290 Japanese business facilities in Indiana, we are proud of the friendships we have established with companies like Honda and look forward to even more milestones ahead. Congratulations on 10 years of excellence and thank you for your commitment to our state."         

In its first decade of operation, HMIN has achieved a number of milestones and accomplishments, including:

  • HMIN was Honda's fourth U.S. auto plant, and its seventh in North America
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  • Production of Civics for export markets began in September 2009  
  • HMIN earned the Platinum Plant award in the 2011 J. D. Power and Associates Initial Quality Study (IQS).
  • In 2017, HMIN began production of the Honda CR-V, the first SUV built at the plant and, earlier this year, production began of the all-new 2019 Honda Insight.

In 2017, HMIN purchased more than $2.2 billion in parts from 248 suppliers in the U.S.  

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Honda Manufacturing of Indiana, LLC (HMIN) began operations in October 2008, and is now one of five Honda auto plants in the U.S. HMIN manufactures the Civic and CR-V for the U.S. and for export to markets outside of North America. With employment of more than 2,400 associates and capital investment exceeding $ 1 billion, HMIN has an annual capacity of 250,000 vehicles. In 2017, Honda spent more than $2.1 billion with 64 OEM suppliers in Indiana to support its regional operations.  Learn more at https://indiana.honda.com/

 

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UPDATE 1-US Agriculture's Perdue says farmer aid could be less than first estimatedReuters Africa

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          Washington state schools chief adds capital-gains tax, special education to his budget wish list      Cache   Translate Page      

Washington state's superintendent of public instruction wants a $2 billion capital-gains tax to pay for cuts in the statewide property-tax rate for schools and additional spending on special education, dual language programs and other K-12 priorities.
          Transcript & letter: Nikki Haley resignation      Cache   Translate Page      

Transcript of Nikki Haley White House Press Conference, Oct. 8, 2018 See resignation letter below  AMBASSADOR HALEY: Well, I want to say — first of all, I want to thank the President for just, you know, allowing us to come out and talk to you this way. It has been an honor of a lifetime. You know, I said I am such a lucky girl to have been able to lead the state that raised me, and to serve a country I love so very much. It has really been a blessing, and I want to thank you for that. But I’m most excited — look at the two years. Look at what has happened in two years with the United States on foreign policy. Now, the United States is respected. Countries may not like what we do, but they respect what we do. They know that if we say we’re going to do something, we follow it through. And the President proved that — whether it was with the chemical weapons in Syria; whether it’s with NATO — saying that other countries have to pay their share; I mean, whether it’s the trade deals, which has been amazing. They get that the President means business, and they follow through with that. But then if you look at just these two years at the U.N., we cut $1.3 billion in the U.N.’s budget. We’ve made it stronger. We’ve made it more efficient. South Sudan — we got an arms embargo, which was a long time coming. Three …

The post Transcript & letter: Nikki Haley resignation appeared first on UN Watch.


          Indonesia: Palm oil executive found guilty of starting land, forest fires      Cache   Translate Page      
The Jakarta Post 9 Oct 18; The Pekanbaru High Court in Riau has declared an executive of palm oil company PT Jatim Jaya Perkasa (JJP) guilty of burning 1,000 hectares of peatland in Rokan Hilir regency, Riau. JJP plantation head Kosman Vitoni Immanuel Siboro was sentenced to four years in prison and ordered to pay Rp 3 billion (US$ 196,914) in fines. However, the company has challenged the court’s verdict by suing expert witnesses who were instrumental in providing scientific evidence throughout the trial. Among them is Bogor Institute of Agriculture (IPB) lecturer Bambang Hero Saharjo,...

this is a summary, for the full version visit the wild news blog
          Planet Oasis developers split, raising questions about massive project      Cache   Translate Page      
The development team behind the massive Planet Oasis proposal in Delaware County has split up, leading to questions of what will happen to the proposed $2 billion entertainment and sports complex.  David Glimcher and Lenni Male have parted ways with Tony Sekulovski and Alex Sekulovski, both sides confirmed Tuesday. Together, they made up New Albany-based Blue Horseshoe Ventures Ltd., which unveiled plans for the 350-acre entertainment and sports complex near Sunbury this summer. Separately,…
          Clemson 2019 Manufacturing Intern - DISH Network - Spartanburg, SC      Cache   Translate Page      
DISH is a Fortune 200 company with more than $15 billion in annual revenue that continues to redefine the communications industry. Our legacy is innovation...
From DISH - Thu, 13 Sep 2018 00:49:24 GMT - View all Spartanburg, SC jobs
          Comment on Gulch deal falls short on affordable housing, critics say by The Gulch: Atlantans fund billionaires? - The Signal      Cache   Translate Page      
[…] CIM plans to address gentrification by funneling $28 million into a citywide trust fund for affordable housing. CIM also proposes renting 20 percent […]
          Find what you need faster with automatic image text recognition      Cache   Translate Page      
More than 20 billion image and PDF files have been stored in Dropbox, and of those, 10–20% are photos of documents. The problem is that, unlike Word documents or PDFs with embedded text, the contents of those images can’t be searched. Finding the one you need—especially if there are tens of thousands stored or shared with you in Dropbox—is tough. Today, we’re attacking that problem by automatically performing optical character recognition on these images as part of our DBXi initiative.
          CADD Technician - Wood - Sheridan, WY      Cache   Translate Page      
We operate in more than 60 countries, employing around 60,000 people, with revenues of over $10 billion. Have a High School or GED diploma....
From Wood - Mon, 01 Oct 2018 21:45:20 GMT - View all Sheridan, WY jobs
          Electrician - Journeyman (Sheridan, WY) - Wood - Sheridan, WY      Cache   Translate Page      
We operate in more than 60 countries, employing around 60,000 people, with revenues of over $10 billion. Ability to effectively present information and respond...
From Wood - Fri, 28 Sep 2018 21:51:56 GMT - View all Sheridan, WY jobs
          10/10/2018: SPORTS: Tokyo Games savings at $4.3 billion but more to come      Cache   Translate Page      

BUENOS AIRES (Reuters) - Several measures have cut the cost of staging the 2020 Tokyo Olympics by $4.3 billion but organizers are determined to save more money in the next two years, Tokyo Games CEO Toshiro Muto said on Monday. Muto told the...
          Trump Says China Not Ready to Reach Deal on Trade      Cache   Translate Page      
President Donald Trump on Tuesday repeated his threat to impose tariffs on $267 billion worth of additional Chinese imports if China retaliates for the recent levies and other measures the United States has taken in the countries’ escalating trade war. Trump, speaking to reporters in the Oval Office, also said China is not ready to […]
          Reports give conflicting financial pictures of the 2018 Winter Olympics      Cache   Translate Page      

The organizers of the 2018 Winter Olympics have claimed that, in the final accounting, they generated a surplus of at least $55 million from the February sporting event.

At an International Olympic Committee session in Buenos Aires, Pyeongchang 2018 officials said they had reached $2.245 billion...


           Comment on NATURE’S VOICE M – ALPHA ORIONIS : PROTOCOLS OF A SUPERNOVA (MOUNTANN MAMA) AND NASA’S BILLIONAIRE BOY’S FAKE SPACE TOYS – ‘ALLO MICHAEL by peace at last       Cache   Translate Page      
https://www.youtube.com/watch?v=2e92VIpmWFU not being sexist but this video show there are far to many retarded males though out history even the ones now in the same old dumb cults/groups giving them self new names
          Dentsu Aegis Wins Global Intel Media Business      Cache   Translate Page      
The award consolidates all of Intel's media -- including digital, social, programmatic, search, offline media, and analytics -- with DAN. The tech giant reported total advertising costs of $1.4 billion in 2017.