Tag:

上海后花园

SNL spoofs Jordan Peeles movie Us with Discover Card parody ad

first_imgThose who haven’t seen Jordan Peele’s movie Us yet might want to steer away from a certain sketch that aired Saturday on NBC’s Saturday Night Live. There may be some spoilers in the spoof. Tags 2019 movies to geek out over The skit ends by flashing a Discover Card logo that blends with the movie’s symbol and the words “Discover: From the mind of Jordan Peele.”Us scared up a box office win in its debut weekend at the box office last week, but looks to be coming in second this week to Tum Burton’s remake of Dumbo. 77 Photos 77 Photos 0 In the skit, a parody of a Discover Card ad, cast member Ego Nwodim calls up the credit card company for some help with unauthorized characters. And let’s just say the person who answers the phone is unusually similar to Nwodim. Rabbits and scissors are also involved. And Kenan Thompson has a go at talking to his Discover card doppelganger.center_img Share your voice null Avengers: Endgame proves we should bring back the intermission Avengers: Endgame looks like a three-hour bladder-buster, so make a plan Captain Marvel zooms past $900 million, but Us scares up box office crown 2019 movies to geek out over More on movies TV and Movieslast_img read more

Fortnite should stop letting players climb electric poles in game power company

first_imgYes, folks, it’s true: Fortnite is a fantasy realm, with fantasy rules. Please be careful out in the real world. Epic Games A round of Fortnite can have a lot going on: wild characters, loot to snatch, colorful skins to try on and supplies to gather to build protection against other players. The ultimate goal? Be the last one standing. The game’s been out three short years and it’s held on to a pretty solid fanbase.Now a power company in Israel wants Fortnite to make some changes to its game. Not to the guns or the ability to shoot other characters or steal dance moves, but to the players’ ability to climb utility poles. According to a Wednesday report by Reuters, Israel Electricity Corp. sent a letter to the game’s makers, asking that they no longer let Fortnite players scale utility poles, because it could encourage dangerous real-world behavior. In the Monday letter, obtained by Reuters, Israel Electricity said kids climbing utility poles is a real problem that it’s been trying to stop for many years. The power company said Fortnite is responsible for the safety of its players. In case you’re wondering, it’s no joke: Climbing utility poles and the like can kill you.Neither the Israel Electricity nor Epic Games, the creators of Fortnite, immediately responded to requests for comment.  Fortnite’s Epic spectacular at E3 2019 Tags Comments Gaming Video Games 6:20 Now playing: Watch this:center_img 5 16 Photos Share your voice Fortnite How Fortnite, AR and YouTube influence toyslast_img read more

Protections For PreExisting Conditions Joins Medicaid Expansion On Texans Healthcare Wishlist

first_imgGetty ImagesProtesters rallied against Medicaid cuts in front of the U.S. Capitol in June 2017. Medicaid is the nation’s largest health insurance program, covering 74 million people — more than 1 in 5 Americans.A majority of Texans support expanding Medicaid in the state and protecting coverage of pre-existing conditions, according to an Episcopal Health Foundation poll.The annual opinion survey found Texans’ top priority for the state legislature is tied between lowering the cost of prescription drugs and lowering the amount individuals pay for health care. Other priorities included increasing funding for mental health programs and reducing maternal mortality.A sweeping majority of respondents, 88 percent, said insurance companies should be required to cover pre-existing conditions. This was a new question added because of a Texas judge’s 2018 decision to declare the Affordable Care Act unconstitutional, threatening current federal protections.“If their desire to see the ACA go away means that they’re interested in taking on the problem themselves, that’s fantastic and I’d like to see it happen,” said Episcopal Health Foundation president and chief executive Elena Marks.Overall, Texans prefer the state government to have its hands in healthcare more than the federal government. Ninety-one percent of respondents said the state should take some role in making the healthcare system work well compared to 82 percent who said the same of the federal government. When asked if the government should take a “major” role in the healthcare system, respondents again preferred state control (67 percent) to federal (57 percent).However, Texans don’t want state lawmakers to leave federal money on the table. Sixty-four percent of Texans support Medicaid expansion, the poll found. Texas lawmakers have so far elected not to expand the federal program in the state, though some have filed bills this year to vote on the topic.The results of this year’s survey echo those of a 2018 Kaiser Family Foundation/Episcopal Health Foundation poll which found growing support for Medicaid expansion along with mental health and maternal mortality as priorities for Texans.“It seems that the public in Texas wants the legislature to do something,” said Dr. Tim Garson, who heads the Texas Medical Center Health Policy Institute, in reaction to the 2018 survey. “The last time that anyone thought about it, it was a democratic administration in the White House, and this is a very different administration,” he said, noting changes in national politics may have made Medicaid expansion more palatable for Texas voters. Sharelast_img read more

FortyEight Percent of Black Female Teens Have an STD

first_imgDr. Jawanza KunjufuThe above figure is not a new statistic. My concern is that it has become the norm and is unacceptable. One fourth of White female teens have an STD. That figure would be a little more acceptable. Is the Black community in denial? Do we feel it’s okay if almost half our female teens have an STD? When I speak nationwide to youth, many of them tell they are virgins. I then ask how can you be a virgin with an STD? They then tell me it was oral or anal sex which they feel did not violate their virginity.Were you aware that the leading cause of death in the Black community is abortion? Each day, 1,786 Black children are aborted. Can you imagine 52% of Black pregnancies are aborted? Again, this not a new statistic, my concern like with STDs, is that it has become acceptable. Are 52% of all pregnancies aborted acceptable to you? Has abortion become the new form of birth control?African Americans are 13% of the U.S. population male and female. I would expect Black females to be 13% of females in America who are HIV positive. The reality is that Black females are 64% of the women in America who are HIV positive. Again this is not a new statistic. Are you okay and accepting of the fact that 64% of all women in America who are HIV positive just happen to be Black? Has this become the norm? Is that our reality? Are Black people in denial? Have all the statistics made us numb?How can we reduce these statistics? While writing Raising Black Girls, I discovered that Black girls start puberty before anyone else. They start at 8 years and 8 months while White girls start at 9.7. Black girls also start their menstrual earlier than anyone else at 12.06. Whites start at 12.88. In writing the book, I wanted to understand why. I discovered a relationship between puberty, menstruation and sexual activity. In addition, I also found a relationship between puberty, diet, exercise, body mass index and being breast fed.I want to close with a positive statistic seldom if ever is mentioned. There are thousands of Black girls who wear chastity rings and have taken the oath of abstinence until marriage. I salute and applaud you! Excerpt from Raising Black Girls and Educating Black Girls.last_img read more

Exide overbridge project groundwork begins

first_imgKolkata: The second modern foot overbridge in the city, based on public private partnership (PPP) model, with all modern facilities is coming up at Exide Crossing in South Kolkata. The groundwork for construction of the overbridge has already started and the civic body has chopped off five trees on the footpath to facilitate its construction.The bridge will be in close proximity to the gates of Rabindra Sadan metro station located on either sides of the road. Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: Mamata”It will be more or less similar in look to the one that have come up at Alipore. There will be facilities of escalators and stair cases on either sides,” said a senior official of the Town Planning department of KMC which will be overseeing the construction. Exide Industries will bear the entire expense of construction which will be in the tune of Rs 4 crore. The foot overbridge will be nicely illuminated and will be under CCTV surveillance. Exide will have the rights for putting up advertisements in the foot overbridge. “We will be signing an agreement for a period of 20 to 30 years in which the company will be paying a fee to the KMC for advertisement rights,” the official added. Also Read – Lightning kills 8, injures 16 in stateThe KMC has cut down trees after taking necessary permission for the state Forest department and have already earmarked places where they will be planting the same number of trees. In February 2018, when Chief Minister Mamata Banerjee had inaugurated a modern foot overbridge in front of Alipore Zoological Gardens through remote control at a government programme at Tarakeswar in Hooghly district. It was the first foot overbridge under PPP model. The one at Exide will be the second such bridge in the city. KMC has already sought permission from the Defence Ministry for construction of another foot overbridge on Turf View Road. “The main objective behind these foot overbridges is to enable the pedestrians to cross smoothly from one side of the Alipore Road to another and also to have smooth and uninterrupted movement of vehicles,” said DG (Town Planning), KMC Biswajit Majumder. The spots have been selected as these places have witnessed a number of road accidents.last_img read more

The BBC has launched a new Russian language news a

first_imgThe BBC has launched a new Russian language news app for iPhones.The BBC Russian App offers content from the bbcrussian.com website, including breaking news stories and video reports. The app can be personalised to focus on specific news areas including Russian news, world news, UK news, business, sport, society, multimedia and science and technology. It also offers offline access to the top three stories from each category. Video content is accessible over WiFi and 3G networks.James Montgomery, controller of digital and technology, BBC Global News said, “We are delighted to be launching this app for Russian speakers who want to use and share our news on the go with their iPhone or iPod touch, giving them access to a wealth of news content in the way that works best for them.”last_img read more

In This Issue Yellens Friday words still dom

first_imgIn This Issue. * Yellen’s Friday words still dominating currencies & metals. * Yen falls another whole figure. * Singapore 1st QTR GDP is strong! * Doesn’t anyone see what I see? And Now. Today’s A Pfennig For Your Thoughts. The CBR Sends The Ruble To The Woodshed. Good day..  And a Wonderful Wednesday to you! Well, those dangerous storms continue in the South. Last night, I sent a text to my younger sister, who lives with my other younger sister, just outside of Houston, to check and make sure they were safe. Not that I know what I would have done if she said they weren’t safe, but, I felt I needed to do that, being their older brother. It’s been quite the storm filled spring here in the U.S., eh?  Usually, our area is right smack dab in the middle of that stuff, but not this year, as the jet stream has dropped to the south. But not today, it appears the nasty stuff is headed straight up Highway 44 to St. Louis, the normal route for spring storms. UGH!   The official start to Spring doesn’t come until the middle of next month, although the thought that summer began with Memorial Day, usually registers more with people.. June is going to be quite interesting for the Eurozone, the euro, and Greece, as Greece is scheduled to make loan payments to the IMF on June 5th, 12th, 16th and 19th. WOW! I’m not sure what Greece can do about all this, except to accept the austerity measures and secure the loans, or, just walk away, default, and cause chaos. I’ve written about how if I were the Eurozone leaders I would just say, “here it is, take it or leave it”, and if Greece decided to leave it, then so be it. For, to me, they are the slowest Buffalo. And to make the herd faster you must allow the slowest Buffalo to be killed.   Hey! In all seriousness, I learned the slowest Buffalo theory from Cliff Clavin! So there! The dollar rally seems to have been a little overdone, and the green/peachback is generally weaker this morning. The Japanese yen seems to be really slipping and sliding along the slippery slope these past couple of days. Yesterday, I told you how the yen had slipped from 121 to 122, well today it’s 123. It’s not the same old names, but the same of titles of officials that are talking about, “how excessive FX moves are not warranted” and stuff like that. But, they have no one to blame but themselves for these sweeping moves taking place with yen, as it’s these same leaders that have gone about adding stimulus and generally attempting to get yen weaker to promote economic growth. It’s a classic case of being careful of what you wish for, as you may get your wish! The euro has regained some lost ground, but it has been trading all over the place lately with no general direction carved out. Some might say that the 3-cent drop in the euro from Friday morning to Tuesday morning, as a clear direction downward, but I would stop them and say that the euro has bounced twice now after falling below 1.09, so be careful here. The Eurozone/ Greek talks will begin again today. I don’t hold out a lot of hope here today. In the U.K. today, the Queen will speak and set out the government’s policy for the parliamentary sessions. The markets will be looking for any sign that the Queen is behind this latest move by parliament to leave the European Union. They call this a Brexit.   So, now we’ve made up two words: Grexit, and Brexit. The British pound has enough to worry about, with the lack of economic growth, falling inflation and no rate hikes as promised, but apparently you can now count this little ditty. The Bank of Canada (BOC) meets today, and will make a rate decision. I don’t believe that the BOC will do anything drastic with rates. The economic performance of Canada has been a mixed bag-o-results, and with that going on, there’s no reason for the BOC to move rates in either direction. Although I would think that BOC Gov. Poloz would love to cut rates so he can join his fellow Central Bankers around the world. Shoot Rudy, if he doesn’t cut rates like the rest of the clan, what on earth would they talk about at the next cocktail party? I had a dear reader send me a note yesterday, telling me that all these moves by Central Bankers reminded him of the great Albert Einstein quote, which I now believe is my fave quote!  Einstein said, “The difference between intelligence and stupidity is that intelligence is limited”.   I think that sometimes that quote applies to me. I was such a dolt yesterday about something so mundane, but a dolt nonetheless, so, see, the dear reader believes that quote reminds him of Central Bankers, and I think it reminds me of me! HA! Well, one of the best performing currencies year to date, the Russian ruble, appears to have met its match with regards to appreciation, as the Central Bank of Russia (CBR) is gaining traction with their desire to weaken the ruble, as they feel that the ruble’s move has been too far, too fast. I think otherwise, but then I’m no Central Banker.  The chartists are now piling on the ruble, talking about how the ruble has traded through its 200-day moving avg. (DMA) and it could be the start of a bearish trend in the ruble that could take it from the current level 51.50 to 56. For the record, the CBR has cut rates, as if that wasn’t expected given the CBR boosted rates to 17% to defend the ruble last year, and the CBR has apparently intervened, selling rubles in the market to weaken it.   Longtime readers know how much I dislike Central Banks sticking their hands in the currency cookie jar, so not that long ago I smiled when thinking of the ruble, and now my smile has turned upside down, because of the CBR’s actions. UGH!  Can I get a bone thrown to me here? The Chinese renminbi / yuan was pushed weaker overnight by the Peoples Bank of China (PBOC). I’m somewhat surprised by that move, given the news last night from the SWIFT payments people that the renminbi / yuan has become Asia’s most-active currency for payments in China and Hong Kong. Get this. The renminbi / yuan accounts for 31% of the region’s payments, up from 7% in April of 2012..   Now, most people don’t see this as BIG News. But I do. just like yesterday, when I told you about the SGE Gold Fund, no one else talked about it, because they didn’t see it for what it was, another brick in the wall of removing dollar relevancy. And this news? Well, here’s how I look at it, folks. China needs a wider distribution of their currency, and to get that, they need dealers to begin to make markets in the currency, and they also need for importers and exporters to begin to make payments using the renminbi / yuan so the distribution begins to spread out. So, for now it’s Asia that China has cornered the payments, and next it will be what region? Oh, there will be another region, and then another region. Because that’s what China wants. You know, there are tons of articles and reports out there that talk about deflation, and how Central Banks are fighting deflation, and would rather see “controlled inflation” as if that’s really a thing to strive for.  But no one ever talks about where the deflation came from?  Well, let’s take a quick look at the poster child for deflation. Japan. then switch over the U.S. and then to the Eurozone, and the U.K.  what do all of these countries have in common. Large Debts.. That’s what. So guess where deflation comes from in my mind? The deflation comes from the rise in the cost of government in addition to the collapse in leverage. As governments with power turn to extracting more from the people rather than weak government.  Well, there’s no sign of deflation at Disney World. Yesterday’s Five Minute Forecast (The 5)  talked about this, and it caught my eye, so I’ll borrow some of their stuff here.   No worries, I’ll give it back to them when I’m finished! HA!   So, Disney just announced that tickets for Disney World in Florida had increased to “just $100”.    That’s a far cry from what tickets cost in 1971, when it opened.. $3.50.   So, the increase of ticket prices by decade has gone like this. 1971 $3.50, 1981 $9.50, 1991 $33.00, 2001 $48.00, 2011 $85.00 and 2015 $105.     YIKES! Talk about inelastic demand!     So, here are my thoughts on this. The fact that still have families heading to Disney World, when everything around them hurts, like Retail Sales, 6,000 Retail Stores to close this year, and gas sales not being the ka-bang to the economy that everyone thought, tells me a lot. It tells me that it’s like a one last time. You know a star shines the brightest right before it burns out, thing. Well, Gold is down again today, and has now fallen below the $1,190 figure. losing touch with $1,200 as the days go by.  I told you yesterday how Fed Chair, Janet Yellen’s speech on Friday afternoon had really deep sixed Gold, by renewing the thought that a rate hike could happen in June into the minds of traders. You know, I told you yesterday, what my thoughts were on what she said. in case you missed it, you should go to the Pfennig’s website, and you can find it in the archives. just click here: www.dailypfennig.com     On a sidebar, I love the Pfennig’s website, because it gives readers the chance to go back in the archives and check out something I said in a previous Pfennig. You know, how I always say, stuff like, “I told you the other day that. “?   Well, this way you can makes certain that I did say what I said I said. And on Fridays I always post a picture of me just to remind you that I’m somewhat short, overweight, and balding, you know like the grandfather of 3 grand kids, and someone that you would want to have dinner with! HAHAHAHAHA!  Singapore printed some good economic growth data yesterday.  Sing 1st QTR GDP was given a final upward revision to 3.2% VS the advance estimate of 1.1%… Now that’s what I call a good upward revision!  So, VS the previous quarter, the Sing economy grew 3.2%, and on an annual basis, the Sing economy grew 2.6%…  And the outlook for the rest of 2015, is for an even modestly stronger growth.  So, how is Singapore growing so strongly, when the rest of the region, and the world for that matter, isn’t?  It’s called having the key ingredients being the right mix.  Pharmaceuticals, electronics, and services. Things people all over the world need and want. Have you ever heard Otis Redding’s version of the song; Try a little tenderness?  Shoot 3-Dog Night did the song, the Commitments, and probably countless others, but Otis Redding’s version will get to you.   So. the U.S. Data Cupboard yesterday, did print, as I said it would, a negative Durable Goods Orders for April, printing -0.5%… so, the first month of the 2nd QTR continues to prints some very weak data. Capital Goods Orders though rose 1%, to offset March’s -0.5% print. The S&P/ CaseShiller Home Price Index rose in March by 1.3%… Again, this housing stuff is getting overdone in my opinion, for this is nothing that looks like a long term move, but more like a blue light special sale that consumers don’t feel will be there much longer, so they have to buy now, kind of thing. And the Consumer Confidence Index rose from 94.3 to 95.4. But it’s important to look that last month’s original print was 95.2 but was revised downward to 94.3. I’ll bet a dollar to a Krispy Kreme that this print of 95.4 will get revised downward next month too. Maybe I’ll remember to talk about that next month!   But then next month is not promised to me, only today is. Today’s Data Cupboard gets a breather before heading into our Tub Thumpin’ Thursday menu. So back to no data equals no bad data for the U.S. (except housing and fabricated jobs)  So, get your rest now while you can, because we’ll head into the end of the week, and when we come back next Monday it will be June, and the data will come rolling in day after day!  To recap. The dollar’s mighty rally appears to be somewhat squelched by those traders that think the rally was overdone. The euro has regained some ground this morning, but it has really bounced around a lot lately, so watch for that.  Japanese yen has lost 3 full figures since last week, now trading to 123. Japanese leaders were vocal last night about “watching excessive moves in FX” same old rhetoric, different names, same titles.   The calls for an exit of the European Union, by the U.K. are becoming quite strong, and the Brexit as it’s called will begin to be headline news soon. Singapore posted a strong 1st QTR GDP, so what gives with Singapore being able to have economic growth when the rest of the region is struggling?  And Gold gets another day on the selling blocks, what is going on here, don’t people/ traders see the SGE Gold fund like Chuck does? Apparently not! For What It’s Worth.  Well, I found this on the Telegraph.co.uk website, because I’m always drawn to articles about debt, just like a bug to the neon light!   So, it’s not an upbeat article, it’s about debt, but I’ll try to break it to you softly. HA!   Here is the link to the whole article: http://www.telegraph.co.uk/finance/economics/11625406/The-world-is-drowning-in-debt-warns-Goldman-Sachs.html   And as usual, here are a couple of snippets for those of you, needing to get to the Big Finish quickly today! “The world is sinking under too much debt and an ageing global population means countries’ debt piles are in danger of growing out of control, the European chief executive of Goldman Sachs Asset Management has warned. Andrew Wilson, head of Europe, Middle East and Africa (EMEA), said growing debt piles around the world posed one of the biggest threats to the global economy. “There is too much debt and this represents a risk to economies. Consequently, there is a clear need to generate growth to work that debt off but, as demographics change, new ways of thinking at a policy level are required to do this,” he said. The demographics in most major economies – including the US, in Europe and Japan – are a major issue – and present us with the question of how we are going to pay down the huge debt burden. With life expectancy increasing rapidly, we no longer have the young, working populations required to sustain a debt-driven economic model in the same way as we’ve managed to do in the past.” Chuck again. So.. I’ve beaten this debt thing to a pulp over the years, but there are still economists, observers, traders, etc. that don’t think it’s that Big a thing. Well, remember what I told you above about where I believe deflation comes from. And then tie it back to this article about the debt of the developed nations. of which they all have deflation. Hmmm As we head to the currency roundup the euro has done like I feared it would this morning, giving back its gains in the two + hours I’ve been here. UGH! Currencies today 5/27/15. American Style: A$.7710, kiwi .7225, C$ .8025, euro 1.0860, sterling 1.5370, Swiss $1.0515, . European Style: rand 12.1315, krone 7.7535, SEK 8.5290, forint 284.45, zloty 3.8045, koruna 25.2255, RUB 51.81, yen 123.75, sing 1.3525, HKD 7.7530, INR 64.02, China 6.1198, pesos 15.34, BRL 3.1530, Dollar Index 97.41, Oil $58.73, 10-year 2.15%, Silver $16.66, Platinum $1,123.19, Palladium $781.82, and Gold. $1,186.48 That’s it for today. Well, after the storms came through yesterday morning, it turned out to be a very nice day. Sunshine and warmth.. But days of rain off and on are the forecast for this week.  Cards bats come alive last night, and they were needed! WHEW!  So, have you even heard about our NFL team, the Rams, and the owner that wants to move the franchise to L.A.? I try not to get into this much, because it just makes me very angry. Sure it’s his “company” he bought it, but doesn’t it also belong to the city that supports it?   Oh well, Que Sera, sera. Whatever will be will be, the future’s not ours to see, Que, sera, sera. How many of you remember, Doris Day singing that song? I know I do.   Marshal Tucker’s song: 24 Hours is playing on the iPod right now. I always found that this song, and the song by Missouri, Movin’ On, were the best driving songs, well especially if you had a care free frame of mind.  Well, did you see that the U.S. is going after FIFA for corruption? WOW!  I would say something snarky here if I had a care free frame of mind, but I think I’ll just keep that comment to myself!  So, let’s go make this a Wonderful Wednesday! Chuck Butler Managing Director EverBank Global Marketslast_img read more

Recommended Links

first_img Recommended Links Louis James Senior Investment Strategist Casey Research Editor’s note: This year alone, Louis has found 12 different stocks that have already doubled, using “The Casey Method.” This is the highly successful method Doug has personally used to make millions of dollars in gold stocks. And now, for the first time ever, he is sharing his method with you so that you can start making huge gains in what he believes will be the biggest gold mania we’ve ever seen. Put simply, this method works. Doug’s used it to make massive profits during every gold bull market in the last 40 years. During periods of rising gold prices, he’s used it to book gains of 487%, 711%, and even 4,329% in gold stocks. You can learn more about this incredible opportunity by watching this FREE video presentation. The “Casey Method” for buying gold stocks A remarkable way to buy gold stocks for as little as pennies and sell them within a year or two for 400% gains… from a man who’s made millions of dollars in his career as a gold speculator. Click here for full details. As the great Canadian philosopher Wayne Gretzky said: “I skate to where the puck is going to be, not where it has been.” And the point of this is that smart people thinking about investing in gold and silver today are asking themselves the same questions I was asking myself in 2006. Gold has risen 31.4% from its low of $1,053 per ounce late last year to its recent high of $1,384. Silver’s been up as much as 54.1%. “Is it too late?” My answer is no. I understand that it’s hard to put money into stocks that have risen sharply in recent months. Many of our stocks are up more than 100%, 200%, and even 400% since their low at the beginning of this year. But that’s got more to do with how oversold they were than what is likely to happen next. In seeking to skate to where the puck is going to be, we look for value to be added ahead. It’s just as when I made the call on Fortuna back in 2006. All of the companies I currently recommend buying in the International Speculator have huge value to add. This is true even if the price of gold does not continue rising. It’s true even if precious metals retreat towards recent lows. Actually, if gold and silver did correct sharply before heading higher again, that would be the best thing in the world for those just getting into related stocks. It would create great buying opportunities. At this point, this may actually be likely. You want to be ready to take advantage of it. I’m excited about the work I’m doing now. It’s not enough to have a portfolio of winners in hand. I’m traveling more than I have in years, scouring the world for new opportunities. I knew this day would come during the down years. Now that it’s here, I’m having a ball putting all I’ve learned from Doug and many of the best geologists in the world to work on my readers’ behalf. I may wear out another pair of boots, but it will be worth it. I think we’re all about to make a pile of money. I realize that I’m singing my own praises here, but what I’ve just said is true. And if you’re not already an International Speculator subscriber, I hope you’ll join me for the adventure ahead. I believe you will be very glad you did. Sincerely, Editor’s note: Yesterday, we told you that there are huge money-making opportunities in the gold market that are staring us in the face right now. Casey Research founder Doug Casey says gold stocks are in the early stages of a “true mania”…and that there’s never been a better time to own them. Senior Investment Strategist and International Speculator editor Louis James agrees. And in today’s special Dispatch, he explains why it’s not too late to get in on this boom right now… Dear Reader, Deep under a mountain, but so high up in the Andes that I could barely breathe, I found one of the best money-making opportunities I’ve seen in my entire career. I was in an old mine tunnel. The ore was massive sulfides of lead and zinc, with high grades of silver. These sulfides sparkle brightly in your miner’s lamp, like chandeliers. Usually, you see a narrow vein with a little of this stuff sprinkled in it. You look up to see it in the ceiling of the tunnel, or slashing a wall. Not this time. The entire tunnel—a good four meters wide by four meters tall—was blasted through a zone of massive sulfides so thick, it all sparkled in my lamp. The walls, the ceiling, the floor, everything. It was like walking through a field of stars. On the old mine posts, I could see the assay numbers left behind by the old-timers: 9% lead-zinc, 12%, 15%—with hundreds of grams per tonne of silver. The rock had more than $500 in contained metals in some places. I asked the mine geologist (who was my guide) how anyone could leave so much value behind. He told me that the old-timers were only interested in the highest-grade core of the deposit, which ran to more than a kilo of silver per tonne. The speculation was that not only could these high-grade (by modern standards) remnants be mined, but that more bonanza-grade silver and gold could be found as well. That potential was made very real to me when we returned to the surface. I could see that the rock alteration visible on the mountain above the vein was repeated up and down the valley, showing the location of other veins. Many had been worked in colonial times—the mine has a history that goes back more than 400 years—but there were plenty more to explore. The vein is called Animas. It’s part of the Caylloma mine camp in Peru. The company is called Fortuna Silver Mines (FSM, FVI.TO). At the time, it was an exploration company that had just bought the mine with its 7.0 million ounces of silver in historic mine reserves for $7.55 million. Experts were skeptical that a little explorer like Fortuna had what it took to put Callyoma back into production and make money. This was back in January of 2006. I could see plain as day that the mine was a cash cow just waiting to be given the attention it deserved, surrounded by enormous blue sky potential. I wrote a report saying so while still in the field, and Casey Research founder Doug Casey recommended the stock at C$1.15 in an investment alert on January 27. Now, here’s the thing: the stock had been trading for less than C$0.20 for years. At C$1.15, it was already up more than 500% for those in before it became obvious that the gold and silver bull market underway was real. So, I had to ask myself: was I too late? What if we put a “Buy” on the stock only to provide exit liquidity for the early birds? What if Fortuna fell on its face in the transition from exploration to production? That’s actually a very common outcome. What if we were being the new “stupid” money, chasing after a stock that had already risen to ridiculous levels? If I had let such fears stop me, we would have missed out on what happened next. Fortuna doubled within two months. We were able to take profits on March 29, 2006, at C$2.38. The stock came within kissing distance of C$7 in 2011. It gave much of that up in the multi-year bear market that followed. But just last week, it hit an intra-day high of C$12.73 (August 2, 2016). That’s more than 10 times the price of our initial recommendation—and the company is still adding new value today. Ten-baggers are no myth. The point of this story is not to brag. In fact, there were many ups and downs, we took profits along the way, and we were in and out of the stock. So our official gain on this pick is not 1,000%, even though this was possible. (And just imagine if we’d been in at 20 cents!) The point is that back in 2006, when I was asking myself if I was being stupid for recommending a stock that was already up 500%, I chose to drive forward looking ahead, not in the rear-view mirror. This is critical. If I had let how much the stock had already risen paralyze me, we would have missed out. Instead, I made the decision based on the huge value the company was clearly set to deliver. We took the plunge.center_img – One man’s secret to making $960,000/year He doesn’t hold a regular job… hates ordinary stocks… and spends most of his free time in the park. But he generates all the cash he needs with a simple approach he’s sharing here. —last_img read more

Bitcoin is taking speculators for a ride Bitcoi

first_imgBitcoin is taking speculators for a ride. Bitcoin is a digital currency that was created in 2009. Unlike paper currencies, Bitcoin isn’t controlled by a government or central bank—it’s governed by a peer-to-peer network. In the beginning, few people took Bitcoin seriously. But it’s become very popular with investors in recent years. That’s partly because more and more people are losing faith in the paper money system. The business community is also embracing the digital currency like never before. More than 100,000 businesses around the world, including Amazon, eBay, and Target, now accept bitcoins as payment. • In 2015, Bitcoin’s price surged 40%… It was the year’s top-performing currency. Last year, Bitcoin surged another 120%. It was the year’s best-performing currency once again. Until recently, it looked like the digital currency was headed for a three-peat. • Bitcoin’s price surged 20% over the first four days of 2017… Last week, it topped $1,000 for the first time since 2013. And it got within $13 of its all-time high.  Frantic buying by the Chinese fueled the recent rally. Yahoo! Finance reported last Thursday: The yuan fell 6% against the US dollar in the past year, hitting its lowest point since 2008. China’s foreign exchange reserves are expected to keep shrinking in 2017. It’s clear that as a result, many Chinese investors have turned to bitcoin: trading activity of bitcoin in the yuan is up more than 60% in the past 30 days, according to bitcoinity charts. More than 90% of all bitcoin activity globally, in fact, is coming from China. In other words, Chinese folks loaded up on bitcoins because they’re worried about the money in their wallet losing value. They’re not alone, either. • Venezuela’s currency, the bolívar, is in free fall… According to CNNMoney, it lost 55% of its value in November. Today, prices for everyday goods and services in Venezuela are more than doubling every month. Storekeepers in the country are now weighing out piles of cash rather than counting the money. In India, locals are worried that there could be a national bank run. That’s when everyone tries to pull money out of the banking system at once. Not to mention that central banks in Europe and Japan are still trying to stimulate their economies through easy-money monetary policies. As we’ve explained many times, these radical measures could end up destroying the very currencies these central banks are supposed to protect. • In short, people have plenty of reasons to be worried about the money in their wallet… That’s why the price of Bitcoin shot through the roof recently. But many of these folks had no clue how volatile this digital currency could be. • The price of Bitcoin plunged by more than 20% last Thursday… The People’s Bank of China (PBOC) sparked the crash after it told investors to be wary of digital currencies. Yesterday, Bitcoin plunged another 13%. The PBOC, once again, ignited the selloff. Reuters reported yesterday: The price of digital currency bitcoin slid around $50 on Wednesday after China’s central bank said it had launched spot investigations on bitcoin exchanges in Beijing and Shanghai in order to fend off market risks. The investigation of bitcoin exchanges, including BTCC, Huobi and OKCoin, was to look into possible market manipulation, money laundering, unauthorized financing and other issues, according to the statements posted on the People’s Bank of China’s website. • Today, Bitcoin is down another 5%… It’s now lost more than a quarter of its value over the past week. That’s a staggering decline. Remember, bitcoin is supposedly a currency. But currencies should never be this volatile. This tells us that Bitcoin isn’t money yet. It’s still a speculation vehicle. If you know what you’re doing, you could make a fortune trading Bitcoin. But if you don’t, you could lose a lot of money very quickly. That said, we still think Bitcoin is a step in the right direction. After all, anything is better than money controlled by reckless and increasingly desperate governments. But Bitcoin and other digital currencies like it have a long way to go before we’re ready to call them “money.” • Gold, on the other hand, is a proven form of money… People have bought and sold goods and services with it for thousands of years. It’s survived every sort of financial crisis. And it’s outlasted countless paper currencies. Plus, gold’s value is stable. It’s not going to plunge 25% or more over the course of a few days. There also isn’t a central authority in the world that controls gold’s price or its supply. It’s a truly global currency. That’s why gold is still the best way to protect yourself from reckless governments and central banks. – Recommended Links • The price of gold has spiked 5% since the start of the year… It’s now trading above $1,200 an ounce for the first time since November. But we think it could be headed much higher. Remember, central banks around the world are losing their grip on their currencies. If this keeps up, more and more people are going to seek out alternative currencies. Many of them will take shelter in gold, the world’s most trusted safe-haven asset. If you’ve been meaning to buy physical gold, we encourage you to first watch this new interview with Casey Research founder Doug Casey. As you’ll see, the U.S. government is working on a secret project right now that could radically transform America’s monetary system. According to Doug, this could be the worst thing to happen to the U.S. dollar since the end of the gold standard. Click here to see why. Chart of the Day Beware of leveraged exchanged-traded funds (ETFs). Leveraged ETFs allow traders to amplify returns through—you guessed it—leverage. There are leveraged funds that track the price of oil, the U.S dollar, and even gold stocks. Some of these funds offer 2x leverage. In other words, they’ll rise 2% when the underlying asset they track rises 1%. Other funds are leveraged 3-to-1, or 3x. Due to their high risk and construction, most traders don’t hold these kinds of funds longer than a few days. But, even then, they can still be incredibly risky. To help you understand why, we put together the following chart. It compares the weekly performance of an unleveraged ETF (1x) with a leveraged one (3x). Let’s pretend that both funds track the same basket of gold stocks. On Monday, both funds close the trading day at a share price of $100. On Tuesday, the basket of gold stocks jumps 10% in value. On Wednesday, it falls 10%. On Thursday, it rebounds 10% before falling 10% again on Friday. At the end of the week, the unleveraged fund is worth $98. The leveraged fund, meanwhile, has fallen to $83. In other words, it lost almost nine times as much as the unleveraged fund. It’s important that you remember this. You see, many investors buy leveraged funds hoping to get rich quick. But few realize how quickly losses can pile up. If you want to boost your returns, we encourage you to avoid leveraged funds. You’re much better off investing in world-class companies that, for one reason or another, are trading at deep bargains. This is a much less risky way to generate big returns.   —center_img Imminent March Announcement to Unleash $3 TRILLION Of Wealth You won’t hear about it from the media. But a major global organization is preparing to make a critical announcement this March. One that could ignite a $3 TRILLION buying spree… and shake markets to their core. There’s one simple move to take if you want to be on the winning side of this wealth transfer. Click here for the full story. EXPIRES MIDNIGHT TOMORROW: WANTED: 1,000 Men and Women To Join Chris Mayer In The Most Ambitious Project Of His Career This is an entirely new Bonner & Partners project, with an ambitious goal to teach you how to find stocks with the potential to become the biggest stock market winners of tomorrow. Success is not guaranteed. We could fail completely. But if it all works out the way former banker Chris Mayer intends it to, just one idea could fund your whole retirement. If you have the courage to learn more, click here for the full details of my new project. Regards, Justin Spittler Delray Beach, Florida January 12, 2017 We want to hear from you. If you have a question or comment, please send it to feedback@caseyresearch.com. We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful.last_img read more

Health was a persistent theme if not the centerpi

first_imgHealth was a persistent theme, if not the centerpiece, of President Trump’s State of the Union address at the Capitol on Tuesday night. The president laid out a series of health-related goals, including some that even Democrats indicated could be areas of bipartisan negotiation or compromise. Trump vowed to take on prescription drug prices, pursue an end to the HIV epidemic in the U.S. by 2030 and boost funding for childhood cancers. He also took a victory lap for goals that his administration had accomplished. “We eliminated the very unpopular Obamacare individual mandate penalty,” he said, referring to the requirement in the Affordable Care Act that most people must have health insurance or pay a fine. It was eliminated as part of the 2017 GOP tax bill, despite backlash from critics that it could undercut Obamacare, after many failed attempts by Republicans to repeal the law.And Trump noted congressional passage of a “right-to-try” bill that was supposed to make it easier for terminally ill patients to gain access to experimental medications, but so far, few patients have been able to make the law work for them. The most likely ground for bipartisanship will be the issue of drug prices, where Democrats are as eager as the president to do something to rein in prices. “It is unacceptable that Americans pay vastly more than people in other countries for the exact same drugs, often made in the exact same place. This is wrong, this is unfair, and together we will stop it. We will stop it fast,” he said. “I am asking the Congress to pass legislation that finally takes on the problem of global freeloading and delivers fairness and price transparency for American patients.” Democrats are cautiously optimistic on the drug price front. “I really am hopeful about making strides on prescription drug legislation this year on a bipartisan basis,” Wendell Primus, top health aide to House Speaker Nancy Pelosi, D-Calif., said at a conference for health policy researchers hours before the speech. But not all of Trump’s claims Tuesday about his efforts on drug pricing stand up to close scrutiny. He proclaimed that “in 2018, drug prices experienced their single-largest decline in 46 years.” The drug-price portion of the consumer price index declined slightly last year for the first time since 1972, but prices for many individual drugs are still rising. Factors beyond the administration’s actions appear to have played the biggest role in the overall slowdown. Drug price increases have slowed largely because patents have expired on expensive, blockbuster drugs, and several years have passed since the introduction of expensive medicines to treat hepatitis C, according to independent analysts. But even as consumer drug prices have moderated, drug spending per hospital admission soared 19 percent from 2015 to 2017, a study sponsored by hospital trade groups found last month. That includes anesthesia drugs, chemotherapy infusions and other medicines that are not counted in the CPI.Some well-placed Republicans praised the drug price effort. “I expect deep-pocketed interests to oppose anything and everything to protect the status quo,” said Sen. Chuck Grassley, R-Iowa, chairman of the powerful Senate Finance Committee. “But the moment is ripe for action and Americans expect us to work together to get the job done.”News organizations including NPR and Kaiser Health News have reported on dozens of cases of surprise hospital bills, unaffordable costs for life-sustaining drugs and other health-expense shocks for patients. Shereese Hickson, whose experience with a $123,000 bill for multiple sclerosis drugs was covered by KHN and NPR, was watching the speech. “I’m glad he mentioned it,” she said of Trump’s promise to bring transparency and competition to pharmaceutical prices. “But I would like to see if it really will come true. If you do that — that’s going against the drug companies. They’ll be losing money and they’re not going to let that happen.”Paul Davis — a retired doctor from Findlay, Ohio, whose family’s experience with a $17,850 bill for a simple urine test was detailed in a story that launched NPR-KHN’s Bill of the Month project last year and who met with Trump about surprise billing last month — said he was disappointed Trump didn’t go into further detail about his health care proposals.”He didn’t say anything,” Davis said.Davis said he would have liked to have heard more about the administration’s recently announced plan to eliminate drug rebates negotiated by middlemen in the Medicare drug program, as well as the recently implemented policy requiring hospitals to list their prices online.”If he wanted to use the podium to talk about the wonderful things that he’s done, that’s one of the things he’s gotten accomplished,” Davis said.In their official responses to the speech, Democrats were more combative. “In this great nation, Americans are skipping blood pressure pills, forced to choose between buying medicine or paying rent,” said Stacey Abrams, former Georgia House minority leader and a rising star in the national Democratic Party. “Maternal mortality rates show that mothers, especially black mothers, risk death to give birth. And in 14 states, including my home state where a majority want it, our leaders refuse to expand Medicaid, which could save rural hospitals, economies and lives.”California Attorney General Xavier Becerra, who gave the Spanish-language Democratic response, reminded viewers that while the Trump administration is seeking to have the Affordable Care Act overturned in court, Democrats would provide “medical care for your family that no politician can take away from you.”In another outreach to Democrats, Trump vowed that his budget “will ask Democrats and Republicans to make the needed commitment to eliminate the HIV epidemic in the United States within 10 years. Together, we will defeat AIDS in America,” he said. Groups that have been fighting HIV praised the promise.”While we might have policy differences with the president and his administration, this initiative, if properly implemented and resourced, can go down in history as one of the most significant achievements of his presidency,” said Michael Ruppal, executive director of The AIDS Institute.Trump also promised that his budget, which has been delayed by the recent government shutdown, will seek new funding to expand research into cures and treatments for childhood cancer. He said he will seek “$500 million over the next 10 years to fund this critical lifesaving research.” The National Institutes of Health has long been a bipartisan favorite in Congress, although Trump in his first budget did seek cuts in NIH funding. The one area in which bipartisanship will clearly not prevail is that of abortion. Trump reiterated a promise he made to anti-abortion groups as a candidate in 2016 and pushed for a federal bill to ban abortions after 20 weeks of pregnancy. “Let us reaffirm a fundamental truth: All children — born and unborn — are made in the holy image of God,” he said.Senate Republicans voted on such a bill in 2018; it failed to advance by a large margin. The bill still lacks the votes in the Senate, and the House now has a majority that supports abortion rights. Abortion opponents praised the president’s comments. “Once again, President Trump has proved he is our nation’s most pro-life president ever and he is keeping his promise to the voters who fueled his victory,” said Marjorie Dannenfelser of the Susan B. Anthony List. Abortion-rights supporters, meanwhile, chastised Trump’s comments. “Shame on the president for using the State of the Union to vilify people who have abortions and the providers who care for them,” said Megan Donovan of the Guttmacher Institute. “Make no mistake: This is part of a larger agenda to eliminate access to abortion altogether.”Kaiser Health News is a nonprofit news service that is an editorially independent program of the Kaiser Family Foundation. KHN staff writers Jay Hancock, Emmarie Huetteman and Ana B. Ibarra contributed to this report. Copyright 2019 Kaiser Health News. To see more, visit Kaiser Health News.last_img read more

The headlines about presidential candidate Joe Bid

first_imgThe headlines about presidential candidate Joe Biden’s new health care plan called it “a nod to the past” and “Affordable Care Act 2.0.” That mostly refers to the fact that the former vice president has specifically repudiated many of his Democratic rivals’ calls for a “Medicare for All” system, and instead sought to build his plan on the ACA’s framework.Sen. Bernie Sanders, one of Biden’s opponents in the primary race and the key proponent of the Medicare for All option, has criticized Biden’s proposal, complaining that it is just “tinkering around the edges” of a broken health care system.Still, the proposal put forward by Biden earlier this week is much more ambitious than Obamacare – and despite its incremental label, would make some very controversial changes.”I would call it radically incremental,” says Chris Jennings, a political health strategist who worked for Presidents Bill Clinton and Barack Obama and who has consulted with several of the current Democratic candidates.Republicans who object to other candidates’ Medicare for All plans find Biden’s alternative just as displeasing.”No matter how much Biden wants to draw distinctions between his proposals and single-payer, his plan looks suspiciously like “SandersCare Lite,” writes former congressional aide and conservative commentator Chris Jacobs in a column for The Federalist.Biden’s plan is built on the idea of expanding the ACA to reduce costs for patients and consumers — similar to what Hillary Clinton campaigned on in 2016. It would do things Democrats have called for repeatedly since the ACA was passed. Among Biden’s proposals is a provision that would “uncap” federal help to pay for health insurance premiums — assistance now available only to those with incomes that are 400% of the poverty level, or about $50,000 for an individual.Under Biden’s plan, no one would be required to pay more than 8.5 percent of their income toward health insurance premiums.But it includes several proposals that Congress has failed repeatedly to enact, including some that were part of the original debate over the ACA. Plus, Biden’s plan has some initiatives that are so expansive, it is hard to imagine them passing Congress — even if Democrats sweep the presidency and both houses of Congress in 2020.Here are some of the more controversial pieces of the Biden health plan:Public optionAlthough many of the Democratic presidential candidates have expressed varying degrees of support for a Medicare for All plan, nearly all have also endorsed creating a government-sponsored health plan, known colloquially as a “public option,” that would be available to people who buy their own health insurance. That eligible group would include anyone who doesn’t get insurance through their job or who doesn’t qualify for other government programs, like Medicare or Medicaid.A public option was included in the version of the ACA that passed the House in 2009. But its proponents could not muster the 60 votes needed to pass that option in the Senate over GOP objections — even though the Democrats had 60 votes at the time.Biden’s public option, however, would be available to many more people than the 20 million or so who are now in the individual insurance market. According to the document put out by the campaign, this public option also would be available to those who don’t like or can’t afford their employer insurance, and to small businesses.Most controversial, though, is that the 2.5 million people currently ineligible for either Medicaid or private insurance subsidies because their states have chosen not to expand Medicaid would be automatically enrolled in Biden’s public option, at no cost to them or the states where they live. Also included automatically in the public option would be another 2 million people with low incomes who currently are eligible for ACA coverage subsidies – and who would also be eligible for expanded Medicaid.That part of Biden’s proposal has prompted charges that the 14 states that have so far chosen not to expand Medicaid would save money, compared with those that have already expanded the program, because expansion states have to pay 10% of the cost of that new population.Jennings, the Democratic health strategist, argues that extra charge to states that previously expanded Medicaid would be unavoidable under Biden’s plan, because people with low incomes in states that haven’t expanded Medicaid need coverage most. “If you’re not going to have everyone get a plan right away, you need to make sure those who are most vulnerable do,” Jennings says.AbortionThe Biden plan calls for eliminating the “Hyde Amendment,” an annual rider to the spending bill for the Department of Health and Human Services that forbids the use of federal funds to pay for most abortions. Biden recently ran into some difficulty when his position on the Hyde ammendment was unclear.Beyond that, Biden’s plan also directly calls for the federal government to fund some abortions. “[T]he public option will cover contraception and a woman’s constitutional right to choose,” his plan says.In 2010, the Affordable Care Act very nearly failed to become law after an intraparty fight between Democrats who supported and opposed federal funding for abortions. Abortion opponents wanted firm guarantees in permanent law that no federal funds would ever be used for abortion; abortion-rights supporters called that a deal breaker. Eventually a shaky compromise was reached.And while it is true that there are now far fewer Democrats in Congress who oppose abortion than there were in 2010, the idea of even a Democratic-controlled Congress voting for federal abortion funding seems far-fetched. The current Democratic-led House has declined even to include a repeal of the Hyde Amendment in this year’s HHS spending bill, because it could not get through the GOP-controlled Senate or get signed by President Trump.Undocumented immigrantsWhen Obama said in a speech to Congress in September 2009 that people not in the U.S. legally would be ineligible for federal help with their purchase of health insurance under the ACA, it prompted the infamous “You lie!” shout from Rep. Joe Wilson, R-S.C..Today, all the Democratic candidates say they would provide coverage to undocumented residents. There is no mention of them specifically in the plan posted on Biden’s website, although a Biden campaign official told Politico this week that people in the U.S. who are undocumented would be able to purchase plans on the health insurance exchanges, but would not qualify for subsidies.Still, in his speech unveiling the plan at an AARP-sponsored candidate forum in Iowa, Biden did not address this issue of immigrants’ health care. He said only that his plan would expand funding for community health centers, which serve patients regardless of their ability to pay or their immigration status, and that people in the U.S. without legal authority would be able to obtain coverage in emergencies. That is already law.Copyright 2019 Kaiser Health News. To see more, visit Kaiser Health News.last_img read more

Alex Rodriguez Said That This Is the Best Advice His Mentor Warren

first_img 2 min read Next Article Add to Queue Bob Bryan Warren Buffett Learn how to successfully navigate family business dynamics and build businesses that excel. Alex Rodriguez, the former Major League Baseball All-star, said he owes a few debts to legendary investor Warren Buffett in a new Vanity Fair profile.According to a new piece on Rodriguez and Jennifer Lopez, the former player and current baseball broadcaster not only owes Buffett a bit of a financial thank you, but also a thank you for some life advice.Rodriguez and the man known as the “Oracle of Omaha” first met, according to Vanity Fair, when Buffett’s Berkshire Hathaway underwrote disability insurance for a 10-year, $252 million contract between the Texas Rangers and Rodriguez.The men struck up a friendship after Rodriguez sent the legendary investor a note thanking him for underwriting the deal. According to Vanity Fair, Buffett has been a “mentor” for Rodriguez and offered him both financial and personal advice.Buffett told Vanity Fair’s Bethany McLean that Rodriguez has a “money mind” and knows how to handle business “instinctively.””A-Rod would have done very well in business if he had never seen a baseball,” Buffett said.Rodriguez said that Buffett gave him a few pieces of advice that have stuck with him. On the business side, A-Rod said that Buffett taught him to never personally guarantee any debt and to never hold too much cash, but rather put “your money in great businesses.”On the personal side, Rodriguez said that the investor’s advice was even more simple.”Warren said, ‘Go ahead, but you won’t need it. Number one: Be the best baseball player you can be. Number two: Always be a gentleman. Be the best guy you can be’,” Rodriguez told Vanity Fair. “That was simple, but it was so genius.”Read the full profile at Vanity Fair. Image credit: Kent Sievers | Shutterstock.com Alex Rodriguez Said That This Is the Best Advice His ‘Mentor’ Warren Buffett Ever Gave Him According to a recent interview, the former player and current baseball broadcaster owes Buffett a bit of a thank you. –shares This story originally appeared on Business Insider November 1, 2017 Reporter Free Webinar | July 31: Secrets to Running a Successful Family Business Warren Buffett Register Now »last_img read more

Spain Can Now Tax Google For Linking to News

first_img Learn how to successfully navigate family business dynamics and build businesses that excel. Free Webinar | July 31: Secrets to Running a Successful Family Business Google Next Article July 29, 2014 Spain Can Now Tax Google For Linking to News Last week, Spain passed a law that taxes any site that links to articles published by members of Spain’s newspaper association with descriptions of their work.The law has been nicknamed the “Google Tax” because it specifically targets Google News, as well as other news aggregation systems. This sounds crazy: Google News, which lists major headlines on a given topic with a line from each piece, is great for publishers because it pushes tons of readers onto their websites. As Julio Alonso points out on Medium, this law follows the precedent of one passed in Germany. In that case, Google got out of having to pay taxes by de-listing all sites from Google News unless they officially waived their right to a fee. In Spain’s case, the law says it is an “inalienable right” that editors can tax any site that links to their articles, meaning that publishers can’t opt-out and Google can’t use the same strategy it used in Germany. At this point, it isn’t clear how much compensation Google and others would have to pay out per link, which publishers from Spain’s newspaper association would benefit from the tax, or how cases would be tried. Quartz reports that internet entrepreneurs are up-in-arms because they fear it will stifle innovation. Spanish Congress passed the law, called Canon AEDE, and it will next have to be passed by the Senate in September.Spanish newspapers have long argued that Google News takes unfair advantage of them. Google doesn’t make money off ads in Google News, but the search giant is still considered a competitor to local industries that should be treated with caution.If the law becomes official, Techdirt says Google may ax the Spanish version of Google News entirely. Add to Queue –shares 2 min read This story originally appeared on Business Insider Jillian D’Onfro Register Now »last_img read more

How 23andMe Caused a Divorce A Look at Unintended Consequences

first_img Opinions expressed by Entrepreneur contributors are their own. How 23andMe Caused a Divorce: A Look at Unintended Consequences Enroll Now for $5 Next Article 4 min read Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Carly Okyle Add to Queuecenter_img –shares Assistant Editor, Contributed Content Every company — startup, franchise, or conglomerate — has a mission. But while employees and executives do what they can to follow that objective and stay true to it, sometimes customers have different ideas.The latest example of that involves 23andMe, a company that provides materials for at-home genetic testing. It’s a fairly simple process: customers swab some cheek cells, mail them back and wait to hear the results. The service is intended to give people a more in-depth look at who they are and where they come from. Unfortunately, it can unintentionally expose the DNA of the skeletons in a person’s closet.Earlier this month, Vox published the story of an unnamed biologist who used 23andMe to provide an interesting teaching moment for his students. Thinking that his parents might enjoy learning more about what he does, the man bought kits for his parents and himself. After he checked a box saying he’d like to be notified of his closest genetic connections (of those who also took the 23andMe test and selected that option), he got word that he was a 22 percent genetic match with a man he’d never heard of. Statistically, sharing 25 percent of your genetic material with someone makes them your grandfather, your uncle or your half-sibling, so he asked his father about it. His father was sure the company had made a mistake.The facts were correct, however, proving that no mistake had been made. The biologist had a half-brother from his father’s pre-marital affair decades earlier. Unable to survive the shock of discovering an unknown lovechild, the scientist’s parents divorced and tensions remain high. “I’m really devastated at the outcome,” the man told the publication. “This is nothing I ever would have wished.”Related: This New Genetics Startup Wants to Make ‘100’ the New ‘60’This isn’t the first time 23andMe has caused trouble. Apparently, as was the case with Neil Schwartzman and Jolie Pearl, the service can also be used to find long-lost siblings given up for adoption. While the company used the story of the sibling reunion as a marketing campaign with a happy ending, Pearl admits that she feels conflicted about the unexpected rewrite of her family’s history. Moreover, the Food and Drug Administration has officially expressed written concern “about the public health consequences of inaccurate results,” although no study to date has reported “measurable harm” as a result of the direct-to-consumer genetic testing program.To be fair, 23andMe isn’t the only company to have its products or services used in a way other than its intended purpose. Facebook, for example, started as a way to keep in touch with friends (and maybe find out if the cute co-ed in your Psych 101 class was seeing anyone), but it has unintentionally helped create and promote the new phenomenon of FOMO — “fear of missing out.”Similarly, Airbnb, which was intended to make it easier for people to find places to stay, ended up almost making someone homeless. The peer-to-peer homeshare company was started in 2008 as a way to coordinate and transact rentals, gives vacationers a cheaper option than hotels for lodging. But what if the “vacationer” has no intention of leaving? What if an Airbnb user decides to make the homestay permanent, as happened to Corey Tschogl? When the renter wouldn’t leave her California condominium, Tschogl found out eviction would be harder than expected, now that the squatter had been there for over 30 days and had tenants’ rights according to state law. It turns out that “professional squatters” exist, and services like Airbnb help them to find unknowing targets. It’s not what the company intended, but it’s become something to be aware of.Related: The ‘FOMO Epidemic’ and Why It Matters to Millennial-Hungry BusinessesThen there’s Yelp, a website which allows people to rate and comment on their experience with businesses. Although it began as a way to allow business to get feedback from customers, it is  also being used by health authorities in New York City to track foodborne illnesses and find their epicenters, since many cases of food poisoning go unreported. Using Yelp helped successfully find three unreported outbreaks, which allowed officials to crack down on restaurants that violated proper practices of handling food, including improper refrigeration and unsanitary conditions. Chicago is implementing a similar investigation via Twitter.Perhaps when starting a business, it’s wise to remember the old adage of how the best laid plans can go awry.Related: Behind the Curtain of Yelp’s Powerful Reviews Fireside Chat | July 25: Three Surprising Ways to Build Your Brand September 22, 2014 Customerslast_img read more

Report Amazon to Open FirstEver Physical Store

first_img Learn how to successfully navigate family business dynamics and build businesses that excel. –shares Updated at 4:15 p.m. ET.Online-only no more, Amazon is ready to join the physical world of brick-and-mortar businesses that it helped radically disrupt.Amazon.com plans to open its first-ever physical store later this year, The Wall Street Journal  reported Thursday, citing people familiar with the plans. The store would open in New York City, just in time for this year’s holiday shopping season.The store would reportedly function as a “mini-warehouse,” and be located in midtown Manhattan near the Empire State building.An Amazon spokesperson told Entrepreneur.com, “We have made no announcements about a location in Manhattan.”While Amazon has tried to push speedy shipping to its limits, a brick-and-mortar store would allow for same-day delivery within New York. Additionally, the store would serve as a location for returns, exchanges and online order pickups.Related: 5 Ways Your Small Businesses Can Topple Amazon This Holiday SeasonThe store may also function as a place to showcase inventory, such as the Kindle e-reader, the Fire smartphone or the Fire TV set-top box.The New York store could be just the beginning of Amazon shops around the U.S., the Journal reports. And it isn’t the first time that the company has considered physical locations. In 2012, the ecommerce giant reportedly looked into opening a location in Seattle, but never followed through on plans.The move comes as other ecommerce leaders are making similar transitions. Online clothing company Bonobos opened its first brick-and-mortar store in Manhattan in 2012, eye glasses company Warby Parker followed suit in 2013, and online beauty subscription service Birchbox did the same earlier this year.The move to go from online-only to even a small number of brick-and-mortar stores isn’t necessarily easy. The cost of real estate, labor and inventory adds up, and can fundamentally change a company’s business model. However, Amazon has decided that it’s worth a try – even if it goes against the online only system that has guided the company over the last two decades. Related: Why These Ecommerce Front-Runners Are Building Brick and Mortar Stores Ecommerce October 9, 2014 Report: Amazon to Open First-Ever Physical Store Free Webinar | July 31: Secrets to Running a Successful Family Business Add to Queue 2 min read Kate Taylor Next Article Reporter Register Now »last_img read more

Novo Labs Announces Investment from Silverton Partners

first_img Artificial IntelligenceColemanfundingMarketing TechnologyNewsNovo LabsSilverton Partnersvoice channels Previous ArticleUnisys Launches New Version of Elevate Omnichannel Banking Platform to Facilitate Shift to Open BankingNext ArticlePlanGrid Delivers BIM Data in 2D and 3D Directly to Mobile Users in the Field Novo Labs Announces Investment from Silverton Partners PRNewswireApril 24, 2019, 4:06 pmApril 24, 2019 Novo Labs, a provider of conversational artificial intelligence services for large restaurant chains, announced $2 million in seed funding, led by Silverton Partners. With the financing, Roger Chen of Silverton Partners will join Novo Labs’ Board of Directors.Novo Labs was founded in 2017 in Dallas by Clinton Coleman and Jeff Loukas. Last year the company launched its automated service for taking restaurant orders through high-volume voice channels. The service allows customers to place an order conversationally as they normally would through channels that they already use, such as calling a restaurant on the phone to place an order. The new funding will be used to accelerate client deployments and integrate with additional voice channels.“Many customers still prefer the ease of using their voice to place orders, and our service allows restaurants to serve customers through convenient voice channels in a prompt, efficient manner.” said Coleman, CEO of Novo Labs. “Restaurant chains have increasingly adopted a digital-first strategy for driving sales, and we build on that by going beyond just automation to use a breadth of data to personalize and optimize voice interactions.”Marketing Technology News: CoreMedia Partners with Zilker Technology to Provide Roadmap to Help IBM Customers Optimize eCommerce InvestmentsThe Novo Labs end-to-end service uses a proprietary natural language processing stack to handle the real-world conditions of how customers actually speak when they place orders through existing voice channels. It was built for the needs of enterprise restaurant chains, with a highly scalable infrastructure and native menu and point-of-sale integrations. Today the service handles thousands of live customer phone orders each week and later this year will be available for other high-volume voice channels, such as restaurant drive-throughs, as well as emerging voice channels, such as digital assistants and kiosks.Marketing Technology News: Outreach Recognized as an April 2019 Gartner Peer Insights Customers’ Choice for Sales Force Automation“We’re excited to back Novo Labs because they’ve proven their value with restaurant chains,” said Chen of Silverton.Investing alongside Silverton in the round is entrepreneur Hal Brierley, who is a pioneer of customer engagement and loyalty programs.Marketing Technology News: Userful Announces New Drag-and-Drop Command and Control Module for Visual Networking Platformlast_img read more

APRs Annual Advertising Production Trends Highlight The Need To Have A Content

first_imgThe Onslaught of Content Produced Will Require an Entrepreneurial Approach for MarketersAdvertising Production Resources [APR] has released its 18th annual advertising production trends. These trends are an amalgamation of APR insights and observations from around the world from their management of over $1 billion in annual marketing production spend by global brands. The trends reveal what APR has discovered from working with over 60 companies across many different industries and helps to provide insights for how to produce content efficiently and effectively in today’s modern marketing landscape.The top trend is the immediate need for asset planning upstream, which will reach a tipping point this year as an unprecedented volume of content will be created by brands. Assessing the entire eco-system of creative production and determining which content is best produced by each provider (external agency, in-house agency, highend production company, a high-volume content engine, etc.); negotiating usage rights across mediums and/or geographies; developing a smarter and more efficient content production strategy for high-volume work, like e-commerce, social media, influencers, etc.  A few critical outcomes of such asset planning include increased ROI, better connecting of the dots between creative, production and media, and higher marketer confidence in their content production decisions.Marketing Technology News: Philo Reveals Connected TV Ad Platform to Reach Latest Generation of TV Lovers“We have a collective opportunity to build, explore and question everything so that we revolutionize the advertising industry for the greater good,” said Jillian Gibbs, Founder and CEO of APR. “Let’s give ourselves [marketers] the room to fail fast, learn and evolve.”Marketing Technology News: HipChat Founders Launch Swoot, a Social Podcast AppA global business, with headquarters in Denver, Colorado, Advertising Production Resources (APR) is a creative production optimization consultancy that helps marketers determine how to define a modern creative production eco-system. APR has 200 experts in 28 countries who partner with global brands, agencies, and suppliers across all content platforms, including TV commercials, online videos, social content, websites, banner ads, apps, mobile content, print and photography, experiential and events. APR is a privately-held woman-owned company made up of 62% women in its workforce and is fully certified by the Women’s Business Enterprise National Council (WBENC) as well as WEConnect International. APR is a faculty member of the Association of National Advertisers (ANA) on the subject of advertising production and an official strategic partner of the World Federation of Advertisers (WFA).Marketing Technology News: MGH Survey Finds Nearly Half of US Diners Have Tried a New Restaurant Because of its Social Media Posts advertising productionAdvertising Production ResourcesJillian GibbsMarketing Technology NewsNewsWEConnect International Previous ArticleIgnitionOne uses Amazon Neptune to Power Identity Resolution at ScaleNext ArticleEarth Day Network Partners with Twitter to Release ‘Earth in Our Hands’ Emoji to Mark Earth Day 2019 APR’s Annual Advertising Production Trends Highlight The Need To Have A Content Production Strategy PRNewswireApril 24, 2019, 4:47 pmApril 24, 2019 last_img read more

New type of dementia is 100 times more common than ALS

first_imgHowever, opinion on this matter is divided: “I’m sure it plays some part, but maybe not as much as one might think at first,” said Silverberg.“We could go back and screen all the people that had failed their Alzheimer’s disease therapies. But what we really need to do is go forward and try to get these people out of the Alzheimer’s clinical trials – and instead get them into their own clinical trials,” said Nelson.The new study could act as a roadmap in research in dementia, but this is not likely to happen soon: “It’s probably going to take years and research participants to help us understand all of that,” said Silverberg.Promoting awarenessAuthors have identified five genes that increase the risk of LATE. These include, “LATE-NC: GRN, TMEM106B, ABCC9, KCNMB2, and APOE.” The pathogenetic mechanisms associated with LATE are similar to that of “frontotemporal lobar degeneration and Alzheimer’s disease.”It is now hoped that the study will pave the way for research into late, with the authors encouraging awareness: “It is important to promote awareness in multiple scientific areas and to focus on translational and interdisciplinary approaches.”What is TDP-43?TDP-43, also known as “transactive response DNA binding protein of 43 kDa”, is a protein that usually helps in regulation of gene expression in the brain and other tissues. Recent studies have revealed that misfolded forms of this protein can be found in as many as 25% of adults over 85 years of age. Misfolding of TDP-43 leads to alterations in memory and cognitive abilities, much like Alzheimer’s and dementia.When looking at TDP-43 aggregates (clumps), the team noted that it was present either only at the amygdala region of the brain (Stage 1 LATE), in the amygdala and the hippocampus (Stage 2 of LATE) or in the amygdala, hippocampus and middle frontal gyrus (Stage 3 of LATE).The hippocampus is the area of the brain responsible for memory and learning. Misfolded TDP-43 protein has been seen to cause sclerosis or hardening and cell death in the reason of the hippocampus. This is accompanied by hippocampal shrinking. This pathology is associated with AD.Alzheimer’s Disease-Related Dementias (ADRD) Summit 2019 will soon take place, where it is almost certain that LATE and TDP-43 will feature as an emerging topic of interest. Recent research and clinical trials in Alzheimer’s disease have taught us two things: First, not all of the people we thought had Alzheimer’s have it; second, it is very important to understand the other contributors to dementia.”Nina Silverberg from the National Institute on Aging By Dr. Ananya Mandal, MDMay 1 2019Physicians have defined a new form of dementia that may be more common than Alzheimer’s disease. The findings were published in the latest issue of the journal Brain and involved researchers from around the world, including the United States, Australia, Austria, Sweden, Japan, and the United Kingdom.Semnic | ShutterstockThe researchers have named the new condition “LATE”, which stands for “Limbic-predominant age-related TDP-43 encephalopathy”. LATE is slower to progress than Alzheimer’s disease, but the two conditions show similar symptoms. There may, however, be further, undiscovered effects of LATE on the brain compared to Alzheimer’s disease.The team explain that in some persons both conditions may coexist. In these individuals, there may be a faster and more marked decline in the cognitive abilities than when either of the conditions are present in isolation.‘Overhauling the concept of dementia’The paper says that the newly defined condition is speculated to have “an expanding but under-recognized impact on public health.” The team hopes that this study would spur research looking into this disease that generally affects people aged 80 and above.Lead author Dr. Peter Nelson, director of neuropathology at the University of Kentucky Medical Center said, “We’re really overhauling the concept of what dementia is.”The researchers explain that the disease and its diagnosis did not appear suddenly. Instead, evidence has been building up for many years. There were always cases and reports that described symptoms which did not fit into any of the known types of dementia, with experts saying that no single form of dementia could explain certain symptoms. While some people lost their language abilities first, others lost their memories and experienced personality changes instead.LATE affects the limbic area of the brain, through a protein TDP-43. Protein misfolding is not uncommon in neurodegenerative diseases, as emphasized by the involvement of the protein’s tau and amyloid in Alzheimer’s disease.In LATE, TDP-43 is misfolded and modified. It is most commonly observed in regions where Alzheimer’s-associated proteins are not found. Experts say that the protein itself, as well as its location, is what defines the condition as different to Alzheimer’s and other forms of dementia.‘The whole elephant’TDP is known to be implicated in amyotrophic lateral sclerosis (ALS) and frontotemporal lobar degeneration (FTLD). This association has been established for a decade now.Dr. Peter Nelson says that LATE is a “disease that’s 100 times more common than [ALS or FTLD), and nobody knows about it.” The authors speculate that around 20 to 50 percent of the people aged over 80 years have significant brain changes that are associated with LATE, and the prevalence of this condition rises with age. People have, in their own separate bailiwicks, found different parts of the elephant. But this is the first place where everybody gets together and says, ‘This is the whole elephant.’”Dr. Peter Nelson Up until now, clinical trials for drugs against Alzheimer’s disease have shown little to no success. This could be because a sizable portion of the participants could be suffering from LATE rather than Alzheimer’s disease.last_img read more

Researchers set out to define recommended dosage of work for optimal wellbeing

first_img“We know unemployment is often detrimental to people’s wellbeing, negatively affecting identity, status, time use, and sense of collective purpose. We now have some idea of just how much paid work is needed to get the psychosocial benefits of employment – and it’s not that much at all.”Supporting the unemployed in a future with limited work is the subject of much policy discussion e.g. universal basic income. However, researchers argue that employment should be retained across adult populations, but working weeks dramatically reduced for work to be redistributed.”In the next few decades we could see artificial intelligence, big data and robotics replace much of the paid work currently done by humans,” said Dr Daiga Kamerāde, study first author from Salford University and Employment Dosage researcher.Related StoriesBiden calling ACA ‘breakthrough’ for mental health parity highlights gapsHospitals’ decision to transfer kids with mental health emergencies is based on insurance typeInternational study aims to more accurately describe mental health disorders”If there is not enough for everybody who wants to work full-time, we will have to rethink current norms. This should include the redistribution of working hours, so everyone can get the mental health benefits of a job, even if that means we all work much shorter weeks.””Our findings are an important step in thinking what the minimum amount of paid work people might need in a future with little work to go round,” she said.The study used data from the UK Household Longitudinal Study to track the wellbeing of 71,113 individuals between the ages of 16 and 64 as they changed working hours over the nine-year period. People were asked about issues such as anxiety and sleep problems to gauge mental health.Researchers also found that self-reported life satisfaction in men increased by around 30% with up to eight hours of paid work, although women didn’t see a similar jump until working 20 hours.They note that “the significant difference in mental health and wellbeing is between those with paid work and those with none”, and that the working week could be shortened considerably “without a detrimental effect on the workers’ mental health and wellbeing”.The team offer creative policy options for moving into a future with limited work, including “five-day weekends”, working just a couple of hours a day, or increasing annual holiday from weeks to months – even having two months off for every month at work.They also argue that working hour reduction and redistribution could improve work-life balance, increase productivity, and cut down CO2 emissions from commuting. However, they point out that reduction of hours would need to be for everyone, to avoid increasing socioeconomic inequalities.”The traditional model, in which everyone works around 40 hours a week, was never based on how much work was good for people. Our research suggests that micro-jobs provide the same psychological benefits as full-time jobs,” said co-author and Cambridge sociologist Senhu Wang.”However, the quality of work will always be crucial. Jobs where employees are disrespected or subject to insecure or zero-hours contracts do not provide the same benefits to wellbeing, nor are they likely to in the future.”Dr Burchell added: “If the UK were to plough annual productivity gains into reduced working hours rather than pay rises, the normal working week could be four days within a decade.” Source:University of CambridgeJournal reference:Sui, W. et al. (2019) A shorter working week for everyone: How much paid work is needed for mental health and well-being? Social Sciences and Medicine. doi.org/10.1016/j.socscimed.2019.06.006 We have effective dosage guides for everything from Vitamin C to hours of sleep in order to help us feel better, but this is the first time the question has been asked of paid work.”  Dr Brendan Burchell, Study Co-Author and Sociologist, Cambridge University who leads the Employment Dosage research project Reviewed by James Ives, M.Psych. (Editor)Jun 19 2019As automation advances, predictions of a jobless future have some fearing unrest from mass unemployment, while others imagine a more contented work-free society.Aside from economic factors, paid employment brings other benefits – often psychological – such as self-esteem and social inclusion. Now, researchers at the universities of Cambridge and Salford have set out to define a recommended “dosage” of work for optimal wellbeing.They examined how changes in working hours were linked to mental health and life satisfaction in over 70,000 UK residents between 2009 and 2018.The study, published today in the journal Social Science and Medicine, shows that when people moved from unemployment or stay-at-home parenting into paid work of eight hours or less a week, their risk of mental health problems reduced by an average of 30%.Yet researchers found no evidence that working any more than eight hours provided further boosts to wellbeing. The full-time standard of 37 to 40 hours was not significantly different to any other working time category when it came to mental health.As such, they suggest that to get the mental wellbeing benefits of paid work, the most “effective dose” is only around one day a week – as anything more makes little difference.last_img read more