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The Golden Box / K2Ld Architects

first_imgCopyHouses•Singapore ArchDaily Houses “COPY” Projects Singapore Photographs:  Patrick Bingham HallText description provided by the architects. The intention of the house’s design is to define and blur the visual threshold between the public and private areas of the house. The transparency of the house decreases in ascending order as per their functional requirements. Their surfaces clearly express their openness of the daily living habits and rituals. Save this picture!© Patrick Bingham HallRecommended ProductsEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsMetallicsTECU®Copper Surface – Classic CoatedMetallicsSculptformClick-on Battens in Ivanhoe ApartmentsEnclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreThe boundary walls mediate between the inside and outside. Behind the glass wall is a row of bamboo for screening. It is the foreground for the floating golden mesh and serves as a backdrop for the glass box on the ground level.The middle box is the main feature of the house, screened in varying porosity of golden mesh. This golden mesh acts as a light veil over the private glassed areas of the second story. During the night, the screen dissolves and unveils the events within the house when the house is lit. The attic is conceived as being an opaque box clad in aluminum panels that create monolithic sense of tranquility and yet not appearing to be heavy. Save this picture!© Patrick Bingham HallThe owner wanted to utilize every surface of a floor plate as well as having the flexibility of adapting to different uses in future. This calls for a rethinking of compartmentalization and access spaces. Save this picture!© Patrick Bingham HallThe living/dining/family spaces are all combined into a large open space. The reduction of the walls to compartmentalize the spaces allows for flexibility. There are no corridors; the passageways are widened to become a usable space. The partition walls between rooms allow for change of use. Save this picture!© Patrick Bingham HallThe configuration of the spaces are clear and direct, having the staircases as feature objects in space and a double volume space to connect the stacked plates. The boxes stacked on each other being a solution to the functional requirements is also inevitably the expression of the building form.Save this picture!© Patrick Bingham HallProject gallerySee allShow lessWuxi Elementary School Re-Design / Atelier XÜKArticlesUjpalota Main Square / HMS-PlanArticles Share The Golden Box / K2Ld ArchitectsSave this projectSaveThe Golden Box / K2Ld Architects The Golden Box / K2Ld Architects “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/154858/the-golden-box-k2ld-architects Clipboard Save this picture!© Patrick Bingham Hall+ 7 Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/154858/the-golden-box-k2ld-architects Clipboard Architects: K2Ld Architects Photographs CopyAbout this officeK2Ld ArchitectsOfficeFollowProductsGlassSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesSingaporePublished on August 01, 2011Cite: “The Golden Box / K2Ld Architects” 01 Aug 2011. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPartitionsSkyfoldIntegrating Operable Walls in a SpaceGlass3MSafety Window Films in Associated Watch and Jewelry BuyersFaucetshansgroheKitchen Mixers – Talis MWindowsAir-LuxSliding Windows for High-Rise BuildingsSignage / Display SystemsGoppionDisplay Case – B-ClassGlassLAMILUXGlass Roof PR60Manuals & AdviceSikaFirestop SystemsMetal PanelsAmerican MetalcraftRainscreen – RS300Curtain WallsRabel Aluminium SystemsMinimal Curtain Wall – Rabel 35000 Slim Super ThermalWaste Containers / Recycling BinsPunto DesignLitter Bin – PapilonSound BoothsFramerySoundproof Phone Booths – Framery OneCarpetsnanimarquinaRugs – ShadeMore products »Read commentsSave想阅读文章的中文版本吗?金色盒子住宅 / K2Ld Architects是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Area post offices open on Sundays leading up to Christmas

first_imgIndianaLocalNewsSouth Bend Market Greenwood4614210AM – 2PM Warsaw4658012PM – 4PM Office NameZip CodeSunday Hours Danville4612210AM – 2PM Google+ Westfield4607410AM – 2PM Elkhart4651612PM – 4PM Madison4725012PM – 4PM Pinterest Facebook Lafayette4790512PM – 4PM South Bend—Chippewa4661412PM – 4PM Bloomington —Woodbridge4740810AM – 2PM Gary—Merrillville4641012PM – 4PM Richmond4737410AM-2PM South Bend—Main4660112PM – 4PM Indianapolis—Castleton4625610AM – 2PM WhatsApp Indianapolis—Park Fletcher4624110AM – 2PM Kokomo4690211AM – 3 PM Muncie4730210AM-2PM Terre Haute—Rose4780310AM – 2PM Indianapolis—Eagle Creek4625410AM – 2PM Twitter By Brooklyne Beatty – December 11, 2020 0 367 Columbus4720110AM – 2PM Google+ Anderson4601110AM – 2PMcenter_img South Bend—Edison Park4661512PM – 4PM (Photo supplied/United States Postal Service) With two weeks left until Christmas, several area post offices will open their doors on Sundays to help get packages and letters to their destinations.The following post offices will be open on Sunday, December 13 and Sunday, December 20: Bloomington474029AM – 1 PM West Lafayette4790612PM – 4PM WhatsApp Bedford4742412PM – 4PM Indianapolis—Nora4624010AM – 2PM Seymour4727410AM – 2PM Zionsville4607711AM – 3 PM Valparaiso4638312PM – 4PM Facebook Brownsburg461129AM – 1 PM Previous articleDrive Sober or Get Pulled Over campaign happening now through January 1Next articleNIPSCO scheduling virtual home assessments Brooklyne Beatty Pinterest Carmel4603211AM – 3 PM Mishawaka4654412PM – 4PM Noblesville4606011AM – 3 PM Terre Haute4780211AM – 3 PM Indianapolis—Speedway4622210AM – 2PM Indianapolis—Southport4622710AM – 2PM TAGSchristmasholidayhoursmailopeningpackagespost officeseasonsunday Area post offices open on Sundays leading up to Christmas Twitter Fishers4603810AM – 2PM Plainfield4616811AM – 3 PM Goshen4652612PM – 4PM Ft Wayne—Northwood4681512PM – 4PMlast_img read more

Taking South Africa’s pink route

first_imgBeautiful landscapes, abundant wildlife, world-class cities, a rich diversity of people, culture and heritage – and the first Bill of Rights in the world to explicitly protect lesbians and gays from discrimination – is making South Africa the destination of choice for gay holiday makers.South Africa is welcoming to gay travellers. (Image: Niko Knigge)Brand South Africa reporterFrom Cape Town in the Western Cape through the beautiful Garden Route, up to Johannesburg and on to the Kruger National Park, there is a daisy chain of gay friendly establishments to choose from.Cape TownThe Mother City and the gay capital of South Africa, Cape Town is enchanting – arguably one of the most beautifully situated cities in the world. Cradled by Table Mountain and looking out over the Atlantic Ocean, it is the oldest city in South Africa, with immense charm and historical interest.Cape Town’s attractions include the vibrant Waterfront development, eclectic restaurants and unbelievable nightlife. Take a walk or cable-car ride up Table Mountain, enjoy a boat cruise or visit the Kirstenbosch Botanical Gardens. The beaches and nature reserves of the Cape peninsula are also close at hand.Guest House One Belverdere is found on the city centre slopes of Table Mountain in the stylish and quiet suburb of Oranjezicht. Ideal for holidays and business, it is within walking distance of the buzzing and trendy shops and restaurants of Kloof and Long Street. Gay men only.Huijs Haerlem is close to the Waterfront, Cape Town city centre and the beaches of Clifton and Camps Bay. Although attractions like Kirstenbosch, art galleries and museums are all nearby, guest may be tempted to stay and relax by the solar heated pool, soaking up the sunshine in peace and tranquillity. Gay owned and/or managed.Kensington Place, nestled on the foothills of Table Mountain, offers the ideal base from which to explore the Mother City while also being able to enjoy fine cuisine, contemporary design and breathtaking views of the city, harbour and mountain. Gay-friendly.Parker Cottage is centrally situated at the foot of Table Mountain in a stylishly renovated Victorian house with all modern conveniences. Gay owned and/or managed.Cape Town TourismKalk Bay, rustic quiet and welcoming. (Image: SA Tourism)The West CoastNorth of Cape Town is the West Coast, a remote and beautiful place of quaint fishing villages, empty beaches, immense bird colonies and carpets of Namaqualand spring flowers. The West Coast’s unique hospitality is typified by its rustic open air seafood restaurants.Blue Dolphin Bed & Breakfast lies in Paternoster, a historic fishing village, and offers bed and breakfast rooms or self-catering cottages on the dunes with uninterrupted views of the sea. Gay owned and/or managed.West Coast TourismThe road to the West Coast runs through a desert. (Image: SA Tourism)The OverbergNext on the route is the Overberg region of the Western Cape, with a rich history and dotted with unspoilt villages and towns. Villiersdorp is a good base from which to explore the area of Franschhoek, South Africa’s gourmet capital, with Caledon and its Victorian spa baths only 30 kilometres away. Other attractions include hiking trails, 4×4 routes and a nine-hole golf course lying alongside the Theewaterskloof dam.Dagbreek Museum Restaurant and Bed & Breakfast offers a glimpse of the past in its restaurant, situated in Villiersdorp’s only national monument, with country home cooking and comfortable accommodation. Gay owned and/or managed.Overberg TourismRoute 62Travelling east, the historic Route 62 meanders through a region of exquisite beauty dominated by rugged mountains. In the valleys are fruit orchards, vineyards, elegant Cape Dutch wine estates and charming rural towns. Attractions include hiking trails through the mountains, hot springs and wine-tasting.Fraai Uitzicht 1798, Dutch for “beautiful view”, is a retreat in the heart of the Robertson Valley on Route 62. Lying on the slopes of the Langeberg mountains, it is a historic wine and guest farm with an award-winning restaurant and offers a real vineyard experience. Gay owned and/or managed.The Montagu Country Hotel, built in 1875, is a beautiful Art Deco establisment and the oldest accommodation establishment in the Western Cape village of Montagu. It is a typical country hotel with an air of stylish simplicity. Gay owned and/or managed.Route 62 TourismThe Whale RouteAlternatively, follow the southern coastal road to the Hermanus region. Here a series of picturesque seaside villages boast some of the finest land-based whale-watching in the world from August to December, as well as spectacular mountain scenery and sandy beaches for swimming, bodysurfing and sunset strolls.Enjoy a nature walk among the spring flowers and mountain fynbos, or visit the villages of Arniston and Cape Agulhas – the southernmost point on the African continent. Nearby Gans Bay offers exciting great white shark diving and viewing excursions.Skuinshuis is a peaceful retreat in picturesque Vermont, on the Whale Riviera of Hermanus, with spectacular sea and mountain views of the famous Walker Bay. Gay owned and/or managed.Hermanus TourismCape Agulhas TourismThe Klein KarooThe Klein Karoo – little Karoo – is a wide vista of semidesert, with the name “Karoo” coming from the San word for “thirst”. There are many interesting things to see and do in the region. From port wine tasting to a visit to the world-renowned Cango Caves, or an ostrich farm, the area offers tranquility and peacefulness under a fire of stars at night.Die Gat Guesthouse is a farmstead and historical monument in the Middelplaas valley near De Rust. It has been home to the Schoeman family since the early 1800s. The old homestead’s character has been retained, such as the paint of German origin on the interior walls of the voorkamer (lounge), the original architecture and its picturesque gay friendly environment.Klein Karoo Wine RouteThe Garden RouteThe Garden Route snakes along the southern Cape coast, getting its name from the lush indigenous forests and temperate climate. This region offers a spectacular headlands giving way to superb Indian Ocean beaches. Behind the sand dunes lie wetland lakes, forests and soaring mountains. The route is perfect for both those wanting to relax – as well as for more active types, with a number of operators offering cycling, abseiling, bungee jumping, canoeing and kloofing (canyoning).Knysna, a spectacular lagoon, a lush indigenous forest and spectacular scenery. (Image: SA Tourism)Central to the Garden Route is the beautiful coastal town of Knysna, with a spectacular lagoon, a lush indigenous forest and spectacular scenery. Every May the town hosts the Pink Loerie Mardi Gras, a gay festival with four days of non-stop entertainment for anyone who enjoys a party. In July there’s the Knysna Oyster Festival, offering oyster braais, oyster tasting, oyster eating competitions and other molluscular activities, as well as live entertainment and lots of sporting events.Palms Wilderness lies near the Wilderness Nature Reserve in the heart of the Garden Route. Enjoy luxury en-suite double rooms with stylish ethnic furnishings in close proximity to ostrich farms, the Cango Caves, Knysna, Plettenberg Bay and Tsitsikamma National Park. Gay owned and/or managed.Garden Route TourismKnysna TourismPlettenberg Bay TourismThe Eastern CapeThe Eastern Cape stretches from Cape St Francis to the Wild Coast. Its attractive white beaches are backed by undulating rolling pastures, bushveld and forested dunes. This gentle beauty belies both the region’s bloody history and the drama of its interior, with the grand vistas and majesty of the Great Karoo and superb malaria-free game reserves. The Addo Elephant National Park is home to many wildlife species such as elephant, black rhino, buffalo, lion, leopard and many species of antelope.Elephants gather at a watering hole in Addo Elephant Park. (Image: SA Tourism)Elephant House is an exclusive thatched lodge in the sun-drenched Sundays River Valley on the edge of the Addo Elephant Park. Courtyards and deep verandas furnished with antiques, Persian carpets and the owner’s private collection of African art provide a wonderful ambience and cosseted luxury. Gay-friendly.Eastern Cape TourismGautengMoving north, the province of Gauteng is home to Johannesburg, known as the City of Gold and the pulsating heart of South Africa’s industrial and commercial life.The city has a thriving gay and lesbian community, with an annual pride march and a  gay nightlife district called the Heartlands – a development bankrolled by the city to the tune of R32-million.Johannesburg is a cosmopolitan foodie heaven. (Image: SA Tourism)Close to the city there’s the beautiful Magaliesburg mountain range, ideal for hiking, picnicking and visiting game farms, quaint roadside shops, cheese farms, restaurants and more. Hartbeespoort Dam offers watersports and lazy days messing around in boats, while the nearby Cradle of Humankind World Heritage fossil sites have been developed to allow tourists to explore our fascinating origins.City of JohannesburgMagalies MeanderGauteng TourismCradle of HumankindCradle of Humankind World Heritage site allows visitors to explore our fascinating origins. (Image: SA Tourism)Kruger National ParkIn the northeast of the country lies the massive Kruger National Park, an area of land larger than Israel and teeming with all the African wildlife you could wish for. The park has its own rest camps, with chalets, camping grounds and more upmarket accommodation. If it’s real luxury you’re after, there are a number of private game farms on the border of the park where you can enjoy some pampering after a day in the wilds of Africa.Djuma Game Reserve is situated in the prestigious Sabi Sand Reserve next to the Kuger National Park and offers the best in game viewing, accommodation and service excellence. Guests have the choice of three unique camps, and can enjoy superb game drive safaris in open vehicles and fascinating game walks with well qualified rangers and trackers. Gay friendly.South African National ParksKruger Park Private ReservesKruger 2 CanyonsSabi Sands Game ReserveRainbow in Kruger Park. (Image: Barbara Eckstein)Would you like to use this article in your publication or on your website? See Using Brand South Africa material.last_img read more

Industry 4.0 – Building the IIoT ecosystem the right way

first_img4 Big Reasons Retailers are Racing to Embrace IoT Is Industry 4.0 just another buzz term that’s being hyped up by technology vendors with the aim of selling more products, or a legitimate trend that will transform sectors such as manufacturing in the months and years to come? The evidence points to the latter. Industry 4.0, also referred to as the fourth industrial revolution, includes the heavy use of automation technologies and a greater exchange of data in manufacturing environments such as factories. Industry 4.0 got its name because it follows the earlier manufacturing phases of water/steam power, electric power and computing power.The concept embraces technologies and delivery models such as cloud computing, big data/analytics, cyber-physical systems (CPS), robotics, augmented reality and the Internet of Things (IoT). In the age of Industry 4.0, manufacturing companies will be able to build and operate factories that are smarter than ever, so they can do things like easily customize products on demand from individual customers – something that is called Industrial IoT or IIoT.Collaborative technologiesThe technologies driving Industry 4.0 will often work in collaboration. For example, CPS is powered by cloud services,which enable intelligent objects and cloud-based programmatic modules to interact with each other. New, smart factories will feature connected robots with access to big data/analytics capabilities, and technologies such as artificial intelligence, augmented reality, virtual reality, 3-D printing and other solutions will provide these facilities with agility, precision and efficiencies never seen before in a manufacturing environment.As noted by management consulting firm McKinsey and Company, the concept of Industry 4.0 is more than just a flashy catchphrase. “A confluence of trends and technologies promises to reshape the way things are made,” the firm says.Among these developments are a significant rise in data volumes, computational power, and connectivity; the advancements in data analytics and business intelligence (BI) capabilities; the availability of new forms of human-machine interaction; and enhancements in the ability to transfer digital instructions to the physical world, such as advanced robotics and 3D printing. McKinsey has advised companies to closely watch Industry 4.0 developments so that they can leverage new opportunities made possible by Industry 4.0 technologies. It says the traditional manufacturing business model is being replaced by new models, and in order to reap the benefits of Industry 4.0 technologies businesses must prepare themselves for the coming digital transformation.The platforms that support Industry 4.0 applications need to be open systems that can evolve with changing demands and market trends, and be able to quickly leverage whatever new technologies emerge in the coming years. Factories of the future will be dynamic organisms that can be shaped and reshaped as need be, and they will be connected more so than ever with other entities such as customer service centers, companies that supply raw materials, distribution channels, etc. Whereas today’s manufacturing environment typically consists of production plants with an incompatible mix of automation technologies that are not designed to share data with other manufacturing systems, smart factories will leverage IoT cloud platforms to gain a layer of cybernetic intelligence that sits on top of a company’s manufacturing operations. Machine learning algorithms will be able to identify patterns and extract insights that can be used to optimize production operations. Predictive analytics will identify signs of system failures in one factory so that production can quickly be launched in other facilities.In this modern environment, data from factories is delivered to the cloud, where it can be visualized and exposed to powerful analytics that provide higher layers of orchestration than ever for companies. For example, there’s a large manufacturer based in the U.K.  that has factories all over the world. It’s looking to take all the data coming off of its factory automation platforms and all kinds of devices, some in real time, and place it into a common cloud layer to create customized views of all this data. That will allow the company to see across all its operations and create efficiencies not possible before. One of the key drivers of the smart factory that will be enabled by IIoT and Industry 4.0 technologies is the push toward personalization in manufacturing. Instead of a factory churning out cookie-cutter versions of the same products at mass scale, it will be able to deliver highly customized products on a just-in-time basis the way a customer wants it.Dean Hamilton, Senior Vice President and General Manager of the Service Creation Business Unit, AcceleriteBuilding the ecosystemThe potential of this future factory is not derived from what’s inside the enterprise, but outside. As beneficial as Industry 4.0 might prove to be for individual companies, executives in IT, operations and business need to look at this trend from a more holistic standpoint. They need to realize that the greatest returns will ultimately come from building an Industry 4.0 ecosystem that includes multiple market players involved in the process of designing, building, shipping and using products. By linking together this ecosystem of partners in an Industry 4.0 environment, all of the individual components of the ecosystem are able to deliver greater value to the market. To put it in biological terms, instead of thinking in terms of individual cells it’s more about all the cells working together in a body, in a symbiotic relationship. The Internet and specifically the cloud provide the framework necessary for organizations to work together more efficiently than ever, creating business and operational intelligence that can benefit partners within these interconnected business ecosystems.One of the key technology components that will also enable the creation of Industry 4.0 partner ecosystems is application programming interfaces (APIs). Factories that expose APIs to partners will make it possible to create applications that work across a variety of systems.To achieve this in an effective way, companies need to deploy an IoT platform such as Accelerite’s Concert that enables them to share service-oriented application APIs throughout their partner ecosystem in a managed platform as a service (PaaS) model. Applications will be quickly reconfigured by business analysts instead of programmers to account for different sources and types of data. Applications will be deployed in the cloud service that is most appropriate and efficient for the business, and easily adjust to accommodate for differences in cloud vendor-specific data ingestion, storage, distributed computing and machine learning APIs. By leveraging the power of APIs and the cloud, companies will build and share a new generation of manufacturing-oriented IoT applications that will be at the heart of Industry 4.0 and IIoT, and that will provide not just greater intelligence and efficiencies but transformative new business models that industries have never seen before.Building the smart factories that are capable of manufacturing the unique, highly personalized products consumers and businesses will be looking for is highly dependent on exploiting the full potential of Industry 4.0. A new class of API platform, designed for the latest revolution in manufacturing, is now emerging and will help companies to rapidly develop, manage and even monetize the products of the future.While much of this sounds futuristic, IT and business executives need to be looking at these technologies now if they want to help prepare their organizations for what’s to come. If they don’t, they risk getting a late start in the dramatic shift to Industry 4.0.This article was produced in partnership with Accelerite. The author is Senior Vice President and General Manager of the Service Creation Business Unit at Accelerite. Tags:#Accelerite#featured#IIoT#industrial#industry 4.0#Internet of Things#IoT#McKinsey & Co.#top Top Reasons to Go With Managed WordPress Hosting Related Posts center_img ReadWrite Sponsors Is Voice Search the Next Big Travel Technology … Cloud Hosting for WordPress: Why Everyone is Mo…last_img read more

PV Sindhu begins Senior National Badminton Championships campaign with easy win

first_imgOlympic silver medallist P V Sindhu Thursday opened her campaign in the 83rd Senior National Badminton Championship with a straight game win over Nagpur’s Malvika Bansod to enter the women’s singles quarterfinals here.A former champion, Sindhu took time to get into the groove before claiming a 21-11 21-13 win over Malvika, who is a gold medallist at the South Asian U-21 Championship in Nepal and a runner-up at Khelo India Games.Like last year, the top eight players of the competition on the combined basis of world and domestic rankings were given direct entry into the singles pre-quarterfinals for which a Super Draw was held Wednesday night.Day 3 Match Updates:Olympic Silver Medalist, @Pvsindhu1 scaled through to the quarter-finals of Yonex Sunrise 83rd Senior Nationals, she defeated #MalvikaBansod 21-11;21-13 in the pre-quarters. #IndiaontheRIse #SeniorNationals2019 pic.twitter.com/sgy6f8kVrIBAI Media (@BAI_Media) February 14, 2019Malvika made a dream start, moving to a 4-0 lead. Soon Sindhu clawed her way back to level the scores with a push at the backcourt.Sindhu eventually grabbed an 11-7 advantage at the break. She continued to force the younger shuttler to commit errors.At 19-11, Sindhu unleashed a couple of smashes to seal the first game.In the second game, Sindhu was ahead 9-2 with Malvika committing unforced errors. The Hyderabadi went to the break with an 11-4 lead.Malvika played well in the rallies but lacked the finishing touch, committing unforced errors as Sindhu eventually wrapped up her pre-quarterfinal match in 35 minutes with a precise return at the forecourt.advertisementAlso Read | Lakshya Sen eyes top 30 ranking by year endAlso Read | All England Badminton Championships 2019: Sindhu, Saina, Srikanth handed tough drawsAlso See:last_img read more

Small business tax cut never promised to offset minimum wage hike Wynne

first_imgTORONTO – A tax cut for Ontario’s small businesses will not fully offset the impact of an increasing minimum wage, the premier said Wednesday as business groups criticized the provincial government for not providing enough support to deal with the hike.While the province had said for months that help for small businesses was on the way, Wynne said measures revealed in the province’s fall economic update were not meant to fully balance out the impact of the Liberal government’s plan to raise minimum wage to $15 a hour.“There was never a commitment to offset the increases in minimum wage,” Wynne said. “I was very clear that that was not something that we were going to be able to do, but we want our small businesses to be strong. We want them to be able to thrive. So that’s why we’ve put a number of supports in place.”The province will cut the corporate tax rate for small businesses from 4.5 per cent to 3.5 per cent effective Jan. 1, 2018, the same day it increases its minimum wage from $11.60 to $14. The government’s plan will eventually see minimum wage jump to $15 an hour by Jan. 1, 2019.The province will also designate that one-third of its procurement spending on goods and services will come from small and medium-sized businesses by 2020. And it will spend $124 million over three years to help companies with fewer than 100 employees who hire youths aged 15 to 29. The government will pay incentives of $1,000 for each worker hired and another $1,000 for each worker retained for at least six months by a small business.Wynne said the government will have to assess the impact of the wage increase as it continues to roll out.“When I talk to those business owners they talk to me about job retention, they talk to me about loyalty and quality of work and all of those things that are really important to a business,” she said. “So I think they would say that there’s a net benefit to paying their employees well.”Minister for Small Business Jeff Leal said the minimum wage hike will have some positive benefits for small business, he said.“We do know that people who make minimum wage take those dollars and re-invest them instantaneously back into the economy,” he said. “Many of the businesses they spend that money at are small businesses in the province of Ontario.”But some business groups said the government’s supports fell short.Jocelyn Bamford, founder of the Coalition of Concerned Manufacturers, said her group was “stunned” that the fall economic statement offered what she characterized as little help for businesses to adjust to the new minimum wage after saying for months support was on the way.“We wonder if the government is in denial of the damage they will cause the economy or if they just don’t care about jobs in the province,” Bamford said in a statement.The Canadian Federation of Independent Business said small business owners are very frustrated, very angry” with the government over the planned wage rise, which it urged the province to slow down.“They still have the time to put the brakes on this,” said vice president Plamen Petkov. “Do a full economic analysis. Get it right. Determine what is the right amount and what is the right timeline to increase the minimum wage and then go ahead with it.”Meanwhile, the Ontario Chamber of Commerce said it was shifting its focus to the 2018 spring budget where it thinks the government could offer further supports for business.“We think the impact of this new legislation will be felt pretty quickly in the new year,” he said. “We need to be able to address some of those concerns or else we’re putting ourselves in a very challenging position … we need to look forward to the budget to see how we can contend with some of those new cost burdens.”A number of studies conducted by third parties have estimated the minimum wage increase will slow the number of jobs produced by Ontario’s economy in the coming years.The province’s economic watchdog, the Financial Accountability Office, has estimated more than 50,000 people could lose their jobs due to the minimum wage increase. And an analysis from the Keep Ontario Working Coalition concluded over 185,000 jobs could be impacted by the hike.However, many economists support the government move, saying hiking the minimum wage boosts economic activity and increases people’s purchasing power.last_img read more

CoucheTard optimistic about loyalty program despite drop in samestore sales

first_imgTORONTO – Alimentation Couche-Tard Inc. says it’s too early to tell what long-term impact dumping the embattled Aeroplan loyalty program at its Esso branded convenience stores will have, but the time it took for the brand to switch to the PC Optimum program has already hampered sales.The Quebec-based retailer behind Circle K stores said in an earnings call on Thursday that it only ended the Aeroplan program on May 31 and PC Optimum wasn’t implemented until August, so the company has had little time to see how the gap will change consumer habits.“We are pretty optimistic,” said the company’s chief financial officer Claude Tessier. “We know generally that loyalty programs have a positive impact on sales.”However, the company’s earnings show the two-month gap between switching to PC Optimum hurt the brand, at least a little.Couche-Tard said the gap contributed to a 3.3 per cent decrease in same-store road transportation fuel volumes in its first quarter, which ended July 22.Still, overall fuel volumes in Canada were up 10.5 per cent, while global volumes increased 32 per cent, as fuel revenues rose to US$10.9 billion from $6.8 billion a year earlier.During the quarter, Couche-Tard, which reports in U.S. dollars, saw a 25 per cent spike in net income attributable to shareholders to $455.5 million from $364.7 million a year earlier.Revenues grew to $14.8 billion from $9.84 billion the year before.The company said its adjusted profit excluding one-time items was $498 million or 88 cents per diluted share, compared with $381 million or 67 per cents per share in the first quarter of 2018.Couche-Tard was expected to earn 82 cents per share in adjusted profits on $13.9 billion in revenues according to analysts polled by Thomson Reuters Eikon.Executives attributed the quarter’s strength to a 6.6 per cent increase in same-store merchandise revenue in Canada, a strong performance of its CST Canada sites acquired a year ago, higher taxes on cigarettes and other tobacco products, and an expansion of its coffee pilot loyalty program.Couche-Tard President Brian Hannasch said the company also saw “significant” growth in tobacco products in the quarter in the U.S., especially in-house tobacco brands, vapour, powdered tobacco placed inside the upper lip and cigars.“Some of this is attributable to manufacturing innovation…but it’s also reflective of our merchandising, the speed at which we’ve been activating new offers and emerging brands, and how we are presenting these offers to our consumers at our stores,” he told analysts.He said the company’s earnings were also lifted by the brand’s food offerings in Canada, which include its baked-on-site products and hot dogs.In Europe, the company’s ice coffee offering that is being tested in multiple locations was seeing “good customer acceptance so far” and was being aided by a hot summer, he said.Keith Howlett of Desjardins Capital Markets said the results beat analyst expectations largely because of higher U.S. fuel margins.“Couche-Tard’s same-store sales performance was substantially superior to that of U.S. peers,” he wrote in a report.On the Toronto Stock Exchange, Couche-Tard’s shares gained 5.26 per cent or $3.32 at C$66.47 in midday trading.Companies in this story: (TSX:ATD.B)last_img read more

In the NBA Its Not Whether You Win or Lose Its Whether

Other factors also affect a coach’s odds of being fired. Deep playoff runs help coaches. First-year coaches sometimes get mulligans and are less likely to be fired. We’ll save that discussion for another post, however.The lesson is simple: A coach is not long for his job when expectations run wild, as they often do in New York. With the benefit of hindsight, it now seems likely that Woodson’s Knicks overachieved in the 2012-13 season. That only made it harder for him to keep his job this year. It was the age of foolishness. It was the summer of trading three draft picks for Andrea Bargnani. It was the autumn of J.R. Smith being suspended for marijuana possession. It was the winter of disparaging the shot clock. It was the New York Knicks’ 2013-14 season. So when Mike Woodson was fired as the coach of the Knicks on a warm, spring day in Gotham Monday, New York breathed a sigh of relief.But Woodson’s problem wasn’t just that the Knicks were bad. The Knicks are usually bad. Woodson’s problem was that the Knicks — for a change — were expected to be good. They’d won 54 games and gone to the Eastern Conference semifinals the year before. Preseason over-under lines pegged their win total at 49.5 games. When my ESPN colleague Kevin Pelton, through his SCHOENE system, instead projected the Knicks to win 37 games, his projection threatened to turn Knickerblogger, the eminently sane and stats-friendly blog, into the basketball version of “unskewed polls.”The Knicks went 37 and 45.In the NBA, where about 30 percent of the league turns its head coach over every season, these expectations matter as much as reality. I mean that literally: Las Vegas’s preseason over-under lines predict coach turnover just as well as actual wins and losses do.I went back and collected preseason over-under lines dating back to the 2006-07 season. I compared them to each team’s actual record during the regular season. Then I ran a logistic regression analysis. The dependent variable is whether the team kept the same head coach from the start of that regular season to the next one. Here are the results:The regression output contains two variables: exp_w (the number of games a team was expected to win, per Las Vegas) and act_w (actual wins). For the 2011-12 NBA season, which was shortened by a player lockout, I’ve prorated both totals to 82 games.You may notice that the coefficient on each variable is almost identical, though they have opposite signs. What that means is that an expected win hurts a coach about as much as an actual win helps him.The graph below provides an illustration of this, and measures the probability of a coaching change under two scenarios: a team (like this year’s Sacramento Kings) that was expected to win 30 games, and a team (like the Knicks) that was expected to win 50. If the projected 30-win team wins 35 games, just slightly better than expectations, its probability of a coaching change is only about 17 percent. If the projected 50-win team wins 45 games, just slightly worse than expectations, the probability is 37 percent instead.Lest this seem too abstract, I’ve compiled a list of all teams since the 2006-07 season that underperformed their over-under line by 10 games or more. There are 33 of these. Here’s what happened to their coaches:Nine of them were fired during the season;Nine of them were fired after the season;One of them resigned during the season;Two of them resigned after the season;Two of them, Larry Drew of the Milwaukee Bucks and Brian Shaw of the Denver Nuggets, just completed their seasons and have yet to learn their fates;The other 10 kept their jobs, although five of them were fired during or after their following season. read more

Torres targeting first title with Atletico Madrid

first_imgFernando Torres has insisted that he is more focused on winning his first title at Atletico Madrid, rather than think about the lack of minutes he has received this seasonLos Colchoneros will be facing Arsenal at the Emirates for the first leg of their semi-final clash in the Europa league with the Gunners determined to win the trophy for the departing Arsene Wenger.But Torres, who himself will be leaving his beloved Atletico at the end of this season, is hopeful of overcoming Arsenal and finally winning his first piece of silverware with his boyhood club.“I prefer to think about possibly winning my first title with Atletico,” answered Torres, when asked about how many minutes he’s getting, as reported on Marca.“It doesn’t help to think about other things.“It’s important that we’re all excited about being two games away from a European final.”The former Liverpool and Chelsea forward paid tribute to his former international teammate Andres Iniesta, who is set to confirm his future plans within the week.“Iniesta hasn’t announced his future yet, but he’s earned the right to decide,” he confirmed.“He left his family when he was young in order to fulfil a dream, everyone will respect his choice.Jadon SanchoMerson believes Arsenal should sign Sancho Manuel R. Medina – September 14, 2019 Borussia Dortmund winger Jadon Sancho might be the perfect player to play for the Gunners, according to former England international Paul Merson.“It’ll be a great loss for LaLiga if Iniesta isn’t here, he’s been performing at the top for so many years.“I’ll be both happy and sad should he decide to leave.”Torres is aware that Atletico cannot take Arsenal’s struggles this season for granted.“Our squad is showing a fantastic attitude at present,” he admitted.“It’s difficult to drop LaLiga to think about the Europa League and vice versa, but the team is trying to do it and that’s helping us grow.“Thursday is one of the most important games we’ve had.“We know that, we know how to play in England and it will be a privilege to fight for that trophy.”last_img read more

Debuchy hopeful of making World Cup

first_imgSaint-Etienne defender Mathieu Debuchy is hopeful of making the French World Cup squad this summer after impressing in Ligue 1 this seasonThe former Arsenal defender returned to Ligue 1 in January with Saint-Etienne after a disappointing spell in North London.Since his return to France, Debuchy has impressed and recently won a Player of the Month award with the full-back now hopeful of making a comeback to the France team ahead of this summer’s World Cup in Russia.“I was surprised to get back to this level so quickly. Surprised but very happy. There are places up for grabs for the World Cup.” said the 32-year-old, according to SportsMole.Opinion: Neymar will earn respect back from the PSG fans Tomás Pavel Ibarra Meda – September 14, 2019 After completing his incredible return to Parc des Princes, we predict that Neymar will earn the respect back from PSG supporters.The situation between Neymar…“After the hard times I have known, to return after four months with St Etienne followed by a World Cup would be magic. When the squad is announced, I think I’ll be in front of my TV and I’ll wait like everyone else.”Debuchy has made 27 appearances for France at international level and his last appearance for the national side came in September 2015.last_img read more