John Harris The Man Who Breeds Success

first_imgIf we are to measure a person by their achievements, Harris Institute’s founder and president, John Harris, has to be to be one of the Canadian music industry’s most underrated success stories past or present.His namesake, Harris Institute, ranked best private school for a 6th year in Jim Lamarche’s 2018 ‘Media Arts Education Report’. The annual index that serves as the quintessential source of information on media arts education in Canada states, “Harris Institute is the best school of its kind. Highly Recommended”.Alumni and faculty contributed to Leonard Cohen’s Memorial Concert on CBC, Neil Young’s live concert from Omemee, Shania Twain’s Grey Cup half-time show, Gord Downie’s Juno-winning Secret Path, The Weeknd’s #1 album Starboy and Oscar-nominated ‘Earned It’, The Tragically Hip’s final concert film and Alessia Cara’s Platinum album, Know It All. Login/Register With: Advertisement Advertisement Advertisement The man behind it all likes to bang the drum about his graduates and their accomplishments and has forever taken the long-road in building the faculty and the curricula over personal aggrandizement.“The school’s results are due to a remarkable 62-member faculty that includes many award-winning leaders”, Harris says in an interview. “We set out 29 years ago to strengthen the Canadian music industry, and our graduates are now helping to achieve that objective”. Facebook LEAVE A REPLY Cancel replyLog in to leave a comment Twitterlast_img read more

Brookfield Property Partners makes offer to buy GGP banking on future of

first_imgTORONTO – Brookfield Property Partners LP offered $18.8-billion in stock and cash to fully acquire U.S. shopping mall owner GGP Inc. in a deal announced Monday, doubling down on the future of bricks-and-mortar retail even as many merchants face increasing pressure from e-commerce.The Toronto-based company (TSX:BPY.UN), a publicly-traded real estate subsidiary of Brookfield Asset Management, already holds a 34 per cent stake in GGP (NYSE: GGP).The Chicago-based mall owner, which has 126 retail properties in 40 U.S. states, said it has formed a special committee of its non-executive, independent directors to review and consider the offer.The acquisition is an opportunity to leverage Brookfield’s expertise to grow, transform or reposition GGP’s shopping centres, “creating long-term value in a way that would not otherwise be possible,” said Brian Kingston, chief executive officer of Brookfield Property Group.“Brookfield’s access to large-scale capital and deep operating expertise across multiple real estate sectors combined with GGP’s high-quality retail asset base will allow us to maximize the value of these irreplaceable assets,” he said in a statement on Monday.Brookfield is offering $29, or US$23, in cash or 0.9656 of a Brookfield Property Partners unit in exchange for each GGP share. The amount of cash offered is capped at $9.4 billion, while the number of shares offered is limited to 309 million, worth roughly $9.4 billion.Brookfield Property Partners said the offer is a premium of 21 per cent to where GGP shares were trading before reports of a possible offer last week.Shares of Brookfield Property Partners were down more than three per cent in midday trading in Toronto on Monday to $29. Shares of GGP in New York, however, were up more than seven per cent to US$23.77.However, GGP shares are down nearly five per cent year-to-date, including Monday’s lift, as its retail tenants increasingly come under pressure from e-commerce sellers competitors, such as Amazon.But Brookfield’s Kingston sounded bullish on American shopping malls on its third-quarter earnings call earlier this month. He said that its U.S. mall business — which consists of 126 regional malls containing roughly 11.4 million square metres — saw positive financial results, with occupancy rising 80 basis points to 95.4 per cent.“Well-located, high-quality, retail real estate in the United States continues to perform well, despite negative perception in the public markets,” he told analysts on Nov. 2.“While many retailers continue to face significant challenges in growing their businesses, those retailers that are focused on the intersection between bricks and mortar retail and online sales channels continue to expand and grow.”He added in a letter to unitholders that it has continued to acquire big-box anchor spaces in malls and reposition them, calling it “one of the best opportunities in U.S. retail today.”John Williams, a partner at retail consulting company J.C. Williams Group, said there is “deep concern” in the U.S. about a “potential retail apocalypse” amid pressure on traditional retailers and shopping centres, some of which are overleveraged.However, he added, premier shopping centres in prime locations continue to draw in shoppers. And the shopping centres being revitalized — such as by using food as opposed to department stores as anchor tenants — to improve the shopper’s experience will be rewarded, he said.“The mall is nowhere near dead, and the good tenants are still very vital,” Williams said. “And I think it’s a matter of reinvention, to some degree, the tenant mix.”Mark Rothschild, a real estate analyst with Canaccord Genuity in Toronto, said Brookfield has signalled its interest in GGP for several years.“It’s only really been the last couple of years that GGP’s stock price has not done well, which created the opportunity for Brookfield to do this,” he said.However, Rothschild said it was surprising that Brookfield made the bid without partners, using its own expensive capital for the transaction.The offer comes after Brookfield in 2010 invested $2.5 billion for a 27 per cent stake in GGP as part of a deal for its emergence from bankruptcy. Brookfield has since moved to increase its stake, and in November 2013 Brookfield Property Partners invested another US$1.4 billion.last_img read more

A look at the numbers behind Ottawas tariff reprisal against Trump

first_imgOTTAWA – The sweeping Canadian retaliation against Donald Trump’s steel and aluminum tariffs has been carefully crafted in hopes of hitting the U.S. president where it hurts.Prime Minister Justin Trudeau’s counter-tariffs will take effect Sunday — a month after the Trump administration slapped duties on U.S. steel and aluminum imports from Canada and other allies.Canada’s response is set to include imposing tariffs on selected consumer products that come from a wide range of sectors — from hair lacquers, to ballpoint pens, to maple syrup.Ottawa released its finalized lineup Friday of items that will be hit by Canadian tariffs.Here’s a rundown of some of the states and products in the crosshairs of the retaliatory measures using Canadian government numbers. The figures are based on 2017 data from Statistics Canada and the U.S. Census Bureau.—Some of the states set to be hit hardest by Canada’s tariffs, based on how much of the targeted consumer products they shipped north in 2017:Ohio — $1.15 billionNew York — $1.12 billionWisconsin — $820 millionIllinois — $780 millionPennsylvania — $646 millionWashington — $629 millionCalifornia — $529 millionTennessee — $453 millionMichigan — $432 million—Value of 2017 imports from U.S. for some of the products targeted by Canada’s preliminary tariffs:Herbicides — $1.13 billionMotorboats, rowboats, canoes and other pleasure boats — $646 millionCoffee, roasted — $525 millionMayonnaise, salad dressing, mixed condiments — $522 millionFungicides — $418 millionKetchup and other tomato sauces — $264 millionOrganic facewash — $229 millionSoups and broths — $204 millionWhiskey — $62 millionMaple sugar and maple syrup — $17 millionBallpoint pens — $3.5 millionlast_img read more

Syracuse profits by handwriting thousands of latetax notes

first_imgALBANY, N.Y. — A city in New York state has found a novel way of motivating residents to pay their back taxes: personal notes handwritten by city officials.The idea stemmed from an experiment on late-tax payments, in which the city of Syracuse partnered with researchers at Syracuse University. City officials wrote and signed thousands of notes by hand, rather than sending standard legal letters demanding payment.The result was the city collecting nearly $1.5 million more than it predicted traditional methods alone would have brought in. University researchers estimate that the personal approach brought in 57 per cent more revenue from delinquent property owners than the city could expect from using more traditional letters.The notes took a less threatening approach, focusing on steps the resident could take to avoid late penalties or legal action. Instead of being addressed “dear property owner,” the notes were all personally addressed to the resident. Each had a brief, handwritten message on the outside of the envelope as well, researchers said.“It’s the kind of positive outcome that occurs when you aren’t afraid to try something new,” Syracuse Mayor Ben Walsh said in a statement.Collecting late taxes is a big challenge for many cities, which often use computer-generated letters to residents threatening action if the money isn’t paid. The researchers said the experiment could have broad applications to a number of different government services. The researchers said they aren’t aware of any other city in the U.S. using the personalized note method to collect taxes.“These are small, simple changes that can have huge payoffs,” said Leonard Lapoo, a Syracuse professor and director and co-founder of Maxwell X Lab, a behavioural research centre at Syracuse University’s Maxwell School.The lab’s managing director, Joe Boskovski, called the experiment common sense, saying treating people as humans can yield results.The findings were first reported by The Associated Press. City officials announced them publicly on Tuesday.David Klepper, The Associated Presslast_img read more

Nine Pakistanis killed in New Zealand terror attacks: Pak FO

first_imgIslamabad: Nine Pakistani nationals have been killed in the terror attack on two Christchurch mosques in New Zealand, authorities here said on Sunday. At least 50 worshippers were killed on Friday in attacks on the Al Noor Mosque in central Christchurch and the Linwood Mosque in the city’s outer suburb, in what appeared to be the worst attack on Muslims in a western country. Foreign Office spokesman Mohammad Faisal said that the number of dead rose to nine after three more persons were confirmed dead by the New Zealand authorities. “A total of 9 Pakistanis were killed in New Zealand terror attack,’ he said. Faisal said on Saturday that six Pakistanis were confirmed as dead while three were still missing. Prime Minister Imran Khan extended support to the families and also announced to award a Pakistani who tried to tackle the attacker but was killed. “Pakistan is proud of Mian Naeem Rashid who was killed trying to tackle the White Supremacist terrorist & his courage will be recognised with a national award,’ he tweeted. Earlier, foreign secretary Tehmina Janjua telephonically spoke to New Zealand’s Tehran-based ambassador who is also accredited to Pakistan ambassador Hamish McMaster. Faisal said that she “conveyed condolences on tragic loss of life in the terrorist attack in Christchurch and requested for facilitation in assisting families of affected Pakistanis.” The 28-year-old gunman, identified Brenton Tarrant, live-streamed footage of himself going room-to-room, victim to victim, shooting the wounded from close range as they struggled to crawl away. The attack has shocked New Zealanders, who are used to seeing around 50 murders a year in the entire country of 4.8 million and pride themselves on living in a secure and welcoming place. Police warned Muslims all over the country not to visit mosques anywhere in New Zealand in the wake of the Christchurch attacks.last_img read more

Trump campaign did not conspire with Russia

first_imgWashington DC: Donald Trump’s campaign did not conspire with Russia during the 2016 election won by him, according to a summary of Special Counsel Robert Mueller’s report submitted to Congress on Sunday, in a major relief to the embattled US President on an issue that has cast a shadow on his presidency for nearly two years. In a four-page letter to top lawmakers on Sunday, Attorney General William Barr highlighted two sections of the long-awaited Mueller report — Russia’s efforts to affect the 2016 presidential election and whether President Trump obstructed justice. Also Read – Saudi Crown Prince ‘snubbed’ Pak PM, recalled jet from USThe report was submitted on Friday to Barr, who reviewed the document before handing a summary to Congress. Trump, who repeatedly described the inquiry as a “witch hunt”, said on Sunday “it was a shame that the country had to go through this”, describing the inquiry as an “illegal takedown that failed”. Trump’s firing of former FBI Director James Comey and other actions throughout the probe raised concerns about the president trying to end the investigation. Also Read – Record number of 35 candidates in fray for SL Presidential pollsMueller, who spent nearly two years investigating Moscow’s determined effort to sabotage the last presidential election, found no conspiracy “despite multiple offers from Russian-affiliated individuals to assist the Trump campaign,” Barr wrote in the letter to lawmakers. Mueller’s team drew no conclusions about whether Trump illegally obstructed justice, Barr said, so he made his own decision. The attorney general and his deputy, Rod J Rosenstein, determined that the special counsel’s investigators had insufficient evidence to establish that the president committed that offense. Barr cautioned that “while this report does not conclude that the president committed a crime, it also does not exonerate him” on the obstruction of justice issue. The investigation had cast a shadow over the Trump presidency for nearly two years with the Democratic leadership alleging that Russian interference helped him in the 2016 polls. Barr said that Mueller found no proof of such a conspiracy “despite multiple offers from Russia-affiliated individuals to assist the Trump campaign”. “The special counsel’s investigation did not find that the Trump campaign or anyone associated with it conspired or coordinated with Russia in its efforts to influence the 2016 US presidential election,” the attorney general said. “For each of the relevant actions investigated, the report sets out evidence on both sides of the question and leaves unresolved what the special counsel views as ‘difficult issues’ of law and fact concerning whether the president’s actions and intent could be viewed as obstruction,” Barr said, adding Mueller “ultimately determined not to make a traditional prosecutorial judgment”. The release of the findings was a significant political victory for Trump who described it as a “complete and total exoneration”. Terming the allegation of collusion “the most ridiculous thing ever”, Trump said, “It’s a shame that our country had to go through this. To be honest it’s a shame that your president had to go through this.” “This was an illegal takedown that failed and hopefully somebody is going to be looking at their other side,” Trump said. “After a long look, after a long investigation, after so many people have been so badly hurt, after not looking at the other side where a lot of bad things happened… it was just announced there was no collusion with Russia,” he said. The Democrats were banking heavily on the results of Mueller’s investigation to defeat Trump in the 2020 elections. Many were also talking about impeaching the president if the report reveals collusion between Russia and the Trump campaign. While the president and his allies saw vindication in Barr’s letter, Democrats questioned how Barr came to his conclusions and called for more information from Mueller’s report. Citing “concerning discrepancies”, House Judiciary Committee Chairman Jerry Nadler said he planned to call the attorney general to testify. Democratic House Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer said in a joint statement that Barr’s letter “raises as many questions as it answers” and called for access to the full report. “For the president to say he is completely exonerated directly contradicts the words of Mueller and is not to be taken with any degree of credibility,” the statement said. Barr’s letter could be just the beginning of a lengthy constitutional battle between Congress and the Justice Department about whether Mueller’s full report will be made public. Democrats have also called for the attorney general to turn over all of the special counsel’s investigative files. Barr’s letter said that his “goal and intent” was to release as much of the Mueller report as possible, but warned that some of the report was based on grand jury material that “by law cannot be made public”. White House Press Secretary Sarah Sanders said the report has justified the president’s stand. Republican National Committee chairwoman Ronna McDaniel said this is a great day for all Americans. “As we have said all along, there was no collusion and no obstruction. Now that this investigation is over, Democrats need to finally end their baseless investigations and political crusade against President Trump for the good of the country,” she said.last_img read more

Womens Basketball Kelsey Mitchells Ohio State career wasnt supposed to end like

Ohio State senior guard Kelsey Mitchell backs a defender down during the Big Ten tournament championship game against Maryland on March 4, 2018 in Indianapolis. Credit: Alyssia Graves: Assistant Sports DirectorKelsey Mitchell always deserved a standing ovation from an Ohio State crowd when her illustrious career came to a close. The three-time Big Ten Player of the Year entered college a year after the Buckeyes went 17-18 and proceeded to lead them to four straight 24-plus win seasons. The greatest scorer in Ohio State history, Mitchell has made more field goals than anyone in program history and more 3-pointers than anyone in NCAA history. She has earned countless ovations for her dozens of accomplishments.So it was no surprise when the crowd at St. John Arena rose to its feet Monday night to send off one of the most accomplished players to ever don a scarlet and gray jersey. However, she wanted anything but the standing ovation St. John Arena gave her with 41 seconds remaining in her team’s game against Central Michigan Monday night. This time, it meant only one thing: Her career was over. When she was asked what passing former Missouri State guard Jackie Stiles and becoming the second all-time leading scorer in NCAA history with 3,402 career points, with tears in her eyes, Mitchell only had one thought.“We lost,” she said. “That’s all I can say.”It wasn’t supposed to end like this.The Buckeyes got blitzed from the beginning of the second quarter to the end of the game, eventually falling 95-78. They allowed Central Michigan to bounce back from a six-point first-quarter deficit with a dominant 25-6 second quarter. The Chippewas hit 14-of-27 3-pointers and 25-of-27 free throws during the game. The reverberations of St. John Arena made the several-hundred-person Central Michigan fan section sound like the Chippewas brought the whole university to the stands. The typically lethal offense that usually buoys the Buckeyes was nowhere to be found. Mitchell began the game 4-for-15 and finished with more shot attempts (29) than points (28). In the third quarter, Ohio State finally started to look like it was putting it together offensively, but was no match for the Chippewas’ 7-for-8 third-quarter 3-point performance.Ohio State senior guard Kelsey Mitchell waits for an inbound pass in the NCAA tournament game against Central Michigan on Mar. 19 in St. John Arena. Credit: Colin Hass-Hill | Sports EditorTry as she might, Mitchell could not pull her team back in the game.“We knew that they can shoot the ball, but we didn’t know that they wouldn’t miss,” she said. “You got it within 15, 14, then they said no, we’re going back up 21. And then we missed shots, so it didn’t make it any better.”As Mitchell stood in the corner of the locker room about 50 minutes after subbing out to congratulatory cheers and applause, she began to confront what had happened.“I’m letting it hit me right now,” she said. “We’ve been through so much. It just hurts you. The way you go out and that sensation I had about two weeks ago. So you think you can not only stay on that high horse, but play with the much confidence and play with that much focus.”Just two weeks ago in the locker room at Bankers Life Fieldhouse in Indianapolis, Mitchell was all smiles. The Buckeyes had just knocked off Maryland in the Big Ten title game. Mitchell was leaning back in a chair with big bags of ice on her knees, resting after playing her third game in three days. In her view, just 10 feet away, sat the conference championship trophy, which her team raised at center court just an hour prior.That is the kind of celebration expected of the second-leading scorer in NCAA history, not one signaling the end of a career after a Round of 32 matchup against a No. 11 seed. Kelsey Plum, Stiles and Brittney Griner, the trio of players who accompany Mitchell in the top-four career scoring ranks, each made the Final Four once.This season was supposed to be Mitchell’s shot.With the Final Four being held in Columbus in a couple weeks, the storybook was sitting on the table, just waiting to be written. Mitchell and the Buckeyes had been bounced in the Sweet 16 the past two seasons, but a veteran-laden squad hoped to march through the Spokane Regional and make the program’s second-ever Final Four with a likely matchup against top-ranked Connecticut.“I think in the back of everybody’s mind, if you’re a part of our program, sees that moment and want to be back here for the Final Four,” Mitchell said. “I don’t think you’re a competitor if you’re not at least thinking about it in the back of your mind.”Instead of the fairy-tale ending, Mitchell’s career abruptly concluded. She quickly had to come to grips with the end of her career, something she always knew would come, but never wanted. Ohio State senior guard Kelsey Mitchell takes a shot during the third quarter of the Buckeyes’ victory against Penn State on Jan. 31. Credit: James King | Sports DirectorThat meant considering how her 139 games, 4,996 minutes, 1,120 made shots, 497 made 3s, 665 made free throws, 545 assists, 463 rebounds, 214 steals and 3,402 points will be viewed for years to come.Rather than as one of the all-time greatest scorers, Mitchell said she hopes people think of her as someone who built Ohio State into a prolific program.“I want to be remembered for making this program for younger kids that want to come here one of the best in the nation,” Mitchell said. “It’s not only South Carolina, it’s not only UConn. Ohio State is a part of that conversation too. I think we’ve showed people that [there’s] value here.”Just as she had earlier in the night when she refused to consider the accomplishment of becoming the second-leading scorer, Mitchell refused to focus on her individual accolades. Instead, all she said she wants to be remembered for is being a program building block. That has defined Mitchell. Unfortunately for her, so too has her team’s NCAA tournament struggles. This year was supposed to be different. It wasn’t.It will take time for Mitchell, who is notoriously hard on herself, to get over the disappointing season-ending loss. But as one of the greatest scorers in college basketball history who helped put Ohio State on the map and helped win two regular-season Big Ten titles and one conference tournament championship, she has much to be proud of.Every time she attends an Ohio State basketball game again, she will get another standing ovation. But those will not be in response to a historic career coming to a surprising end.They will simply be celebrating the greatest scorer — and arguably the greatest player — to ever lace up sneakers and take the court in Columbus. read more

Mentally Unstable do not belong in Prison PDM calling for change

first_img TCI Country Leaders condemn vicious memes Related Items:mentally unstable, Pdm, prison TCI Premier blasts Opposition side for “slop” information, sets it straight in HOA Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 29 Oct 2015 – The PDM Party is calling on government to remove mentally unstable people from Her Majesty’s Prison after social media chatter heats up on a recent death within the prison walls. PDM Leader Sharlene Robinson said the death of the Jamaican man, convicted of murder is drawing international attention and calls into question the country’s reputation on treatment of the mentally challenged. The PDM says it is a ‘sad state of affairs’ and asked the PNP Administration to address the need. While the Party cites that the prison is the wrong place for the mentally ill, it also remarked that so are the streets. “this Government must do more to provide the resources needed to address the needs of the mentally challenged on the street, and those residing at home…” Only Doug and Ralph and Ruth can fit, that’s why Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

Special Report Managing sexually violent predators

first_img Posted: March 29, 2018 Sasha Foo Sasha Foo, Categories: Local San Diego News FacebookTwitter Special Report: Managing sexually violent predatorscenter_img March 29, 2018 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) — Next month, a judge in San Diego will consider the release of a convicted sex offender to the East County community of Jacumba Hot Springs.71-year-old Herman Smith was convicted in 1993 of rape and other crimes involving a minor.In the last U.S. census, the community of Jacumba Hot Springs had a population of fewer than 600 people, but County Supervisor Dianne Jacob said that hasn’t changed her opinion that sexually violent predators like Smith are too dangerous to be set free.“These are individuals at high risk of repeating their offense again. They should be put away for good,” Jacob said.Under the law, any offender who has served their time and has successfully completed treatment can be considered for release.Doctor Glenn Lipson, a forensic psychologist who has evaluated inmates who are petitioning for release said the risk of reoffending is tied to how the inmate is managed once they’re back in the community.“We try to tighten up contact with them, the measures that we feel are going to enable them to succeed because individuals do not want to go back to prison. So, very often they’re amenable to putting in the types of structures and requirements we feel are going to assist them in avoiding reoffending,” Lipson said.In a 2009 meta-analysis, that looked at 23 separate studies, the research found that nearly 11 percent of the treated offenders committed another sexual offense.The rate was significantly higher for those who were not treated, at more than 19 percent.Yet, unlike the County supervisor, the psychologist doesn’t believe that all sex offenders are a bad risk.With proper management and continuing treatment, Dr. Lipson thinks society can achieve a balance between justice and the safety of the community. Updated: 10:36 PMlast_img read more

Felix Dennis in Deal Talks With American Magazine

first_imgFelix Dennis—entrepreneur, founder of Maxim, publisher of the Week, poet, author and, depending on who you believe, would-be murderer—has a new book out. It’s called How to Get Rich—an unlikely entrant into the frothy, cluttered self-help/motivational category.I recently conducted a wide-ranging interview with Dennis on the state of the magazine industry, and his place in it, which will be published on FOLIOmag.com later this week.In the meantime, here’s a somewhat juicy excerpt about a deal Dennis is trying to close—buying the rights to a “well-known” American magazine. Apparently, he’s just hammering out the terms of what he calls “schmuck insurance.” FELIX DENNIS: I’m sorry we had to delay this call. We’re in the middle of a deal.FOLIO:: Oh you are?DENNIS: Yeah we are.FOLIO:: Can you discuss it at all?DENNIS: We’re trying to buy the worldwide rights of a well-known American magazine while leaving the North American rights with the parent company. Obviously, because there are no contracts, I can’t tell you what the magazine is but we’re busy doing that. We sort of think it’s a win-win for everybody. This is a big company, a sensible company, but they do not engage in much worldwide activity. They’ve got a good title that will do well in places like India, China, Russia. But they need someone to go and do it. And we’re not going to do it unless we own it. And that means shared ownership. And it has happened before. I still share ownership of Computer Shopper, if you can believe it. Computer Shopper’s made tens of millions of pounds over the years. I own the rights to Computer Shopper in Britain and elsewhere. Yet the North American rights were held for years by Ziff Davis. I honestly don’t know if it’s still published over there or who owns it. So that did work. And then there was Stuff, which I launched after Maxim here. And I only had the North and South American rights to do that, because I had sold Stuff worldwide to a company in Britain called Haymarket who are big publishers over there. So they published Stuff all the way around the world, and I published it here in America.FOLIO:: Well, you’ve got my wheels spinning now.DENNIS: You won’t be able to guess, I promise you. Well, I don’t think you will at all. It’s one you wouldn’t expect me to be involved in. But then I have published a very wide variety of magazines. And it’s a perfectly respectable and totally tedious magazine in a way. It’s not one that will get your juices going. It’s just that I know the magazine does well here—very well, and has a lot of money over the years. And it’s in an excellent market, that is, it’s not in a declining market. And it would just do well around the world if money was invested in it abroad. And not only in its paper form, but in its electronic form and its digital form around the world. And it needs that investment. So we’re hoping to be able to eventually conclude a deal.FOLIO:: What’s the timeframe?DENNIS: I would expect this deal to be signed within the next two months. I suspect the American parent company will insist, and I suspect rightly, that if we flip this magazine within the next five or ten years, that if we sell it off for a huge profit, that they get a piece of that, even though they’ve sold it to us. I believe that in American hedge fund parlance, and in venture capitalist parlance, this is called ‘schmuck insurance.’ [Laughs] So they don’t look like a schmuck. [Laughs.] I love that term—I had never heard it before. So that’s what we’ve been busy doing.[EDITOR’S NOTE: The full interview with Dennis will be published on FOLIOmag.com later this week.]last_img read more

Landslide death toll hits 140

first_imgRescure operation being conductedAt least 140 people have so far been killed and many went missing after a series of landslides triggered by heavy monsoon rains hit the hilly districts in the southeast Bangladesh. Members of army and fire service with local people on Wednesday morning resumed rescue operation in the landslides-hit area and retrieved a total of 19 bodies, with many more still missing.As many as 106 people died in Rangamati alone while 21 bodies were revered from Rangunia and Chandanaish and three from Bandarban and one from Khagracchari.Rangamati additional deputy commissioner Prakash Kanti Chowdhury told Prothom Alo that eight more bodies, including five members of two families, were recovered from the district.Bangladeshi fire fighters and residents search for bodies after a landslide in Bandarban on July 13, 2017. Heavy monsoon rains have killed at least 46 people in southeast Bangladesh, most of them buried under landslides, authorities said on July 13. AFPBodies of a mother Rupali Chakma, and her two daughters — Jui Chakma, 12, and Jhumjhumi Chakma, 7 — were recovered from Juba Unnayan area of the district.A woman Ponti Shona Chakma, 35, and her daughter Shantana Chakma, 9 were found dead in the area.The DC said also the death toll in the Rangamati incidents rose to 106.Read more…Landslide death toll reaches 135 as search resumeslast_img read more

APNORC Poll Americans Open To Trumps Planned North Korea Talks

first_imgAhn Young-joon/APA man at the Seoul, South Korea, train station last August watches a news program featuring President Trump and North Korean leader Kim Jong Un.Americans appear open to President Donald Trump’s surprise decision to negotiate directly with North Korean leader Kim Jong Un, and at the same time are less concerned than in recent months by the threat posed by the pariah nation’s nuclear weapons.That’s according to a new poll from The Associated Press-NORC Center for Public Affairs Research, taken after Trump agreed to what would be unprecedented meeting between a U.S. and a North Korean leader.North Korea has yet to publicly confirm plans for the summit, slated for May, but the poll results suggest its potential has eased fears of war that intensified last year as the North made rapid strides in its nuclear and missile capabilities.“If you sit down and talk over any matter, there can be a resolution to it without starting a war,” said Sarah Dobbs, a 64-year-old retiree from Norman, Oklahoma, who described herself as a Democrat and is among the 48 percent of Americans who favor Trump’s plan to talk with Kim.“No other president has ever done something this bold. That’s why I think: Why not let Trump have at it?” she said.The poll found that 29 percent oppose the plans for talks between the two nations, while 21 percent say they’re neither in favor nor opposed.The survey also found an uptick in approval of Trump’s handling of relations with North Korea as the focus has shifted from possible U.S. military action to diplomacy. That figure is now 42 percent, up from 34 percent last October amid a coarse back and forth between the two leaders.Last September, Trump dubbed Kim “Rocket Man” and threatened to “totally destroy” North Korea. Kim responded with threats and insults of his own, calling Trump “deranged” and a “dotard.” North Korea’s foreign minister suggested that it might conduct an atmospheric nuclear test in the Pacific — a threat it hasn’t followed through on.Since then, the proportion of Americans who say they’re very or extremely concerned about the nuclear threat North Korea poses to the U.S. has dropped to 50 percent from 67 percent. It’s a decline that registered with both Republicans and Democrats. Americans also see the threat as having lessened for U.S. allies Japan and South Korea, as well as U.S. overseas territories such as Guam.Trump agreed to talk after Kim conveyed through South Korean intermediaries an offer to discuss “denuclearization” and halt nuclear and missile tests. South Korea’s leader is due to have his own summit with Kim in April.Americans are divided over the potential goals of U.S. discussions with North Korea. Forty-four percent say the North must completely give up its nukes, the long-standing goal of U.S. policy. Forty percent think the U.S. should consider a deal if the North agrees to make progress toward that goal.Only 13 percent think the country shouldn’t consider a deal with North Korea at all.“I would like to see a denuclearization of North Korea, but I don’t know how feasible that is,” said Aaron Saunders, a 26-year-old medical research associate from Three Rivers, Michigan, who was generally supportive of Trump’s handling of the issue — aside from his tweeting.Theresa Ferraro, 71, of Lowell, Massachusetts, said a summit might make the world safer, but she questioned the president’s temperament for negotiations.“He speaks out too much,” she said. “I’m outspoken myself, but you gotta know when to zip it and I don’t think he knows.”Despite the general openness toward negotiations with North Korea, Americans have mixed views about the direction of U.S. national security. One in three say that it will get better over the next year. Similar proportions say it will get worse and stay about the same.But there are clearer differences on partisan lines. Two-thirds of Republicans expect national security to improve, while a slightly smaller proportion of Democrats expect it to get worse in the year ahead.Americans have largely negative views about how the U.S. is viewed around the world. Some 53 percent think respect for American will decline in the next ahead, with just 26 percent expecting it to improve. And 48 percent think U.S. influence around the world will decline in the next year, compared with just 27 percent who believe it will get better.Pamela Williams, 69, of New York City, criticized Trump for boasting about U.S. military strength and having what she saw as flippant attitude to matters of war and peace.“I have not seen anything that he’s done since taking office that he’s taken seriously. Everything is a joke to him,” she said. Sharelast_img read more

Governor signs Rep Miller bill eliminating election loophole

first_img11Dec Governor signs Rep. Miller bill eliminating election loophole Categories: Miller News State representatives and senators who resign from office will not be allowed to run in the special election called to fill their seats after legislation introduced by state Rep. Aaron Miller was recently signed into law.Miller, who chairs the House Elections and Ethics Committee, said the legislation was drafted to close a loophole used by two former lawmakers during the 2015-16 legislative session.“The Legislature has the responsibility to oversee itself, and allowing a legislator who has resigned or been expelled to turn around and immediately run to fill vacant seat is just absurd,” said Miller, of Sturgis.Miller’s legislation clarifies that when an elected official resigns or is removed from legislative office, the resignation or removal remains in effect for the remainder of the term.“This is a simple bill,” Miller said. “It just clarifies that a resignation or expulsion remains in effect for the rest of the term. The next legislative session is a whole new ballgame, and the former legislator can run again at that time if they so choose.”House Bill 4208 is now Public Act 192 of 2017.###last_img read more

As mentioned above sukuks are typically denominat

first_img As mentioned above, sukuks are typically denominated in the currency of the issuing country. No surprise, then, that Malaysian ringgit-denominated sukuks accounted for 63% of total issue value for 2013. What might surprise is that 15% of total issue value in 2013—US$28 billion—was sukuks denominated in US dollars, up from 13.9% in 2012. If the US Fed continues to make good on its promise to taper its QE program, and if US interest rates indeed rise, the dollar should continue to strengthen and benefit US dollar-denominated sukuks. Total sukuk issuance is estimated to reach US$70 billion in 2014, according to Moody’s. The governments and government-related entities in the GCC will be the main drivers of sukuk issuance going forward. Being based in Dubai, I can say anecdotally that it is once again on track to become the construction-crane capital of the world. With the real estate market rebounding strongly, development activity has started up across the entire city. In addition, a number of large-scale projects that were put on hold are now moving forward. Many of these new projects will be funded through sukuk issuance. The Dubai government has the explicit ambition to become the center of the Islamic economy. One potential way to profit from this growth will be the sukuk issuances from high-quality sovereign and government-related entities in the United Arab Emirates and other GCC countries. Ankur Shah is the founder of the Value Investing India Report, a leading independent, value-oriented journal of the Indian financial markets. Ankur has more than eight years of equity research experience covering emerging markets, with a focus on Southeast Asia. He has worked as both a buy-side investment analyst for a global long/short equity hedge fund and a sell-side analyst for an emerging markets investment bank. Ankur is a graduate of Harvard Business School. You can learn more about his latest views on global markets at the Value Investing India Report and follow him on twitter at https://twitter.com/AnkurShah47. Islamic finance remains one of the bright spots in the global financial industry post the 2008 financial crisis. Despite two decades of strong growth, the industry is now finally poised to break into conventional financial markets in the West. Islamic finance is comprised of instruments, infrastructure, institutions, and markets that apply Sharia rules and principles. You might be wondering how Islamic finance impacts you, if you’re based in a non-Muslim country. Increasingly it’s being viewed as an avenue of growth for global banks, as the industry caters to the world’s 1.6 billion Muslims. The advent of Islamic finance allowed devout Muslims the ability to access financial products and services without compromising on their beliefs. As a result, total global Islamic banking assets are projected to surpass US$2 trillion in 2014. The Islamic finance sector is primarily comprised of Islamic Banking, Sukuk (Islamic Bonds), Takaful (Islamic Insurance), and Islamic Mutual Funds. The geographic centers of Islamic finance are primarily in Asia (Malaysia and Indonesia) and the Gulf Cooperation Council (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates). At its core, Islamic finance is governed by fundamental principles outlined in Sharia law. The main distinction between conventional finance and Islamic finance is that the latter prohibits riba (usury/interest). Thus, virtually all Islamic finance products are based on the principle of risk sharing as opposed to risk transfer. For example, an Islamic mortgage transaction would entail the bank purchasing a property and then reselling it to the homebuyer at a fixed profit. The buyer would then have the option to make the payments in installments. However, due to the concept of risk sharing, the bank could not charge additional penalties for late payments but would retain ownership until the loan was paid off. Global Investors and Islamic Finance For global investors, the sukuk (Islamic bond) market is probably the area of greatest interest within Islamic finance. The sukuk is an asset-backed security, which represents ownership in a tangible asset. With a sukuk the initial face value of the bond isn’t guaranteed. Unlike a conventional bondholder, a sukuk investor shares the risk from the underlying asset. In practice, some sukuks are issued with repurchase guarantees, which would result in the investor receiving face value at maturity, much like a conventional bondholder. However, not all Sharia scholars agree this structure is Sharia compliant. Traditionally, governments and government-related entities in Asia and the Gulf Cooperation Council (GCC) issued sukuks denominated in the local currency to domestic investors. However, increased demand from global investors has led to increased cross-border issuance from non-traditional sources. Last September, rating agency Moody’s observed, The year 2014 has become a landmark year for sovereign sukuk, with the UK issuing its inaugural sukuk, and with Hong Kong and South Africa expecting to conclude sales in September 2014. All three are major non-Islamic countries, and the transactions indicate a significant change in the potential size, depth, and liquidity of this market. This move into sukuk finance by countries with populations that are not predominately Muslim marks a shift in the long-held perception that Islamic finance is the domain of Muslim countries. In an effort to assist countries that seek to issue sukuk, Islamic institutions like the Islamic Corporation for the Development of the Private Sector offer help with the structure of sovereign sukuk finance. Malaysian Dominance Malaysia dominates the sukuk finance sector both on a new issuance and outstanding basis, as shown in the following charts.last_img read more

Dr Abdulkadir Abdirahman Adan who is from Somali

first_imgDr. Abdulkadir Abdirahman Adan, who is from Somalia, trained as a dentist in Pakistan. When he returned to Mogadishu, in 2006 to begin practicing, he was distressed by what he saw: People getting hurt or killed near his office in Bakara Market, the result of a long-running civil war in his country.”The people were using wheelbarrows for taking victims to the hospital. Even pregnant [women] were taken in wheelbarrows to the hospital,” he says.”I asked myself, ‘What can I do?’ I decided to start my own ambulance, a free ambulance,” he says.He called it Aamin Ambulance. (“Aamin” is Somali for “faithful.”)At first, the health workers treated people who were hurt in accidents or the ongoing violence. The organization now helps treat and transport pregnant women and patients with chronic illnesses – anyone who needs to go to a hospital. People in Mogadishu dial 999 to reach a dispatcher.But after 12 years, Adan, age 45, says Aamin Ambulance is in financial trouble. The service is funded by donations, and donations have not been enough to keep up with the services Aamin Ambulance provides. Adan says he spent $4,200 of his own money for the organization’s first ambulance, and Aamin grew as he solicited donations from businessmen, family, friends – even his own students.The United Nations Development Programme has donated walkie-talkies, he says.He says his service is the only ambulance in Mogadishu, a city of 2 million, that’s free. Currently there are 16 ambulances, but Aamin can only afford to operate 10 of them.”We will not close completely, but I think we will reduce the number of ambulances,” he says. “We will reduce the number of staff, we will reduce the time and hours of paramedics, and so on.”Aamin Ambulance staff can be the first to respond to an emergency. A year ago, a truck explosion attributed to al-Shabab killed more than 500 people and injured hundreds more. Adan, who sometimes drives an ambulance or serves as a paramedic, says he was one of the first people on the scene, where he saw “a lot of cars burning, collapsing buildings, and many people crying and saying, ‘Can you help us?'””We transported more than 250 people, and almost 80 dead bodies,” Adan says, adding that while the city has been relatively calm in recent months, an attack “can happen at any time.”Apart from the service provided at times of violence, Adan worries that if Aamin Ambulance is forced to reduce its operations further, people could die even when they need more routine care.”If they don’t get early response like an ambulance, they will be at risk,” Adan says. He adds that while some private hospitals may have ambulances, they can be difficult to access and cost money that patients may not have.”The only hope they have is the [free] ambulance,” he says.Adan says it costs thousands of dollars a month to run Aamin Ambulance, and that with more money, he could run all 16 ambulances. He sometimes takes donations in the form of fuel or tires to keep the organization running.And he chips in as well. “Before I pay my bill to the house,” says Adan, “I first pay to the ambulance.” Copyright 2018 NPR. To see more, visit http://www.npr.org/.last_img read more

Walmart Adding Pickup Discount to OnlineOnly Products

first_img Senior Editor Walmart Adding ‘Pickup Discount’ to Online-Only Products –shares Next Article April 12, 2017 Free Webinar | July 31: Secrets to Running a Successful Family Business Add to Queue If you order online, but opt to pick up your items from a local store, Walmart will lower the price. Walmartcenter_img Image credit: Alan Schein Photography | Getty Images 2 min read Learn how to successfully navigate family business dynamics and build businesses that excel. Matthew Humphries One of the biggest challenges facing retailers regardless of whether they are online only or have physical locations, is price. Consumers will always try and buy for the lowest price, which means profit margins are cut ever thinner to try and be competitive. Walmart is no exception to this rule, but the retailer’s latest discount idea trades a little customer convenience for potentially large savings.On April 19, Walmart is introducing Pickup Discount. It allows customers to claim a discount on products offered only through Walmart’s online store if they choose to pick it the items rather than having them delivered. The online purchase goes through as usual, but instead of a delivery to your door, the order ships to your local Walmart.The savings can be just a few dollars, for example, the Coleman 150 qt Heritage XP Marine Cooler is $111.49, but gets a $4.46 Pickup Discount. However, some items offer much bigger discounts, for example, the VIZIO SmartCast M-Series 70-inch 4K Ultra HD TV costs $1,698, but gets a $50 Pickup Discount. That’s on top of the $300 discount Walmart already applied to the list price. If you buy a number of these items together, you can see how the savings could stack up.For Walmart, the discounts can be offered because the most expensive part of shipping is the “last mile delivery costs,” meaning the trip to each home. By instead putting products on one of the company’s more than 6,700 trucks traveling to stores, it saves quite a bit of cash. For the customer, it’s a trip to Walmart, which many will be happy to do if they just saved tens or even hundreds of dollars.According to TechCrunch, the idea for Pickup Discount came from Jet.com’s Smart Cart technology. Walmart acquired Jet last year and quickly started taking advantage of how the company allowed consumers to save money with more purchasing options.Initially, around 10,000 products will be listed with a Pickup Discount available at more than 4,000 stores. By June, Walmart wants to get that to one million products. It also looks likely there will be multiple ways to get your item once in store, with the Pickup Tower vending machine likely playing a major role, as will curb side pickups. This story originally appeared on PCMag Register Now »last_img read more

Tesla Launches a 1500 Surfboard

first_img 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. 2 min read This story originally appeared on PCMag Fireside Chat | July 25: Three Surprising Ways to Build Your Brand –shares Only 200 boards were made available, and they sold out almost immediately. Matthew Humphries Tesla Launches a $1,500 Surfboard Image credit: Tesla via PC Magcenter_img July 30, 2018 Senior Editor Next Article Add to Queue Tesla Tesla made a few waves (sorry!) last night by quietly launching a very limited edition surfboard. It cost $1,500, only 200 have been produced, and unsurprisingly it sold out almost immediately.As Electrek reports, the surfboard was designed by the Tesla Design Studio with the input of Lost Surfboards and Matt “Mayhem” Biolos, who has been sanding and shaping boards since leaving high school in 1987. The top is black and the underside red, with both sides carrying Tesla branding.Tesla designed the board to use the same high-quality matte and gloss finishes you find on the company’s cars. The top (“the deck”) is covered in “Black Dart” lightweight carbon fiber, and Tesla car owners will be pleased to hear the surfboard fits inside the Model 3, S and X.Of course, it will only fit if you managed to buy one. As Tesla only decided to make 200 of the custom made boards, they inevitably sold out very quickly. Even those who were lucky enough to buy one will have to wait up to 10 weeks before their board gets delivered. One final disappointment: The fins you see on the bottom of the board aren’t actually included with the board.Tesla may be best known for its electric vehicles, batteries and green energy generation projects, but the company also offers a growing range of lifestyle products and apparel. Men’s, women’s and children’s clothes and hats are offered alongside scale models of Tesla’s cars, leather items, drinkware, tech and sports goods, which the surfboard falls under. One of Tesla’s best-selling lifestyle products is a $600 battery powered Tesla Model S for kids. Enroll Now for $5last_img read more

Meet the Rising Star Behind Verizons Effort to Buy Yahoo

first_img Swimwear Styles for All Shapes and Sizes Summer is here and there are some great looks this season for women of all shapes and sizes. Check out the hottest styles for hourglass, rectangle and pear shaped women. Up Next: Privacy Policy   |   Terms of Use Add to Queue North Carolina superintendent says new app can help reduce violence in schools While AOL chief Tim Armstrong has been a key part of Verizon’s Yahoo pursuit, the driving force on the Verizon side is his boss, longtime Verizon executive Marni Walden.The career cell phone executive has been leading the company’s moves beyond telecommunications, particularly its expansion into video and advertising, and was instrumental in the acquisition of AOL.All the players in telecom talk about wanting to be more than just a “dumb pipe,” and Walden has been leading the charge at Verizon.”Making sure that you play in accessing the revenue opportunities above the connectivity is something we think a lot about,” she told Recode an interview late last year. “We can go do other things because of our strength in mobile.”Walden, 49, has spent her life in the wireless industry, since the days when cell phones were things that came in a briefcase. Her move to join the nascent mobile business was a far cry from her childhood growing up on a Wyoming cattle ranch.”When I was growing up, I wanted to be either a cowboy or a ballet dancer,” Walden told Bloomberg earlier this year. “But neither seemed like reasonable options.”Walden did show both an early knack for the cell phone business as well as significant staying power in rising to become one of the most powerful women in the industry.She served as both operating chief and marketing chief for Verizon Wireless after getting her start at the company as a regional executive for both it and predecessor AirTouch Cellular. She also worked earlier in her career at AT&T Wireless and McCaw Cellular, among other cell phone companies.These days, though, Walden is in charge of new business opportunities for Verizon. Some of those are things involve the cellular business, such as connected cars, but much of Walden’s work has been in areas new to both her and Verizon.”People are surprised about Verizon getting into the content space,” Walden told Recode last year. “I think that’s really important to bring eyeballs and audience. Our media business will play a much more significant role in the Verizon of the future.”It hasn’t all been easy going for Verizon, particularly its efforts in video programming. The company launched a mobile video service known as Go90 last year, but it remains a relative nonentity.Rather than boasting well-known shows, big sports deals or original programming, Go90 has relied on short clips it hopes will appeal to the YouTube generation. In that vein, Verizon recently hired former YouTube executive Ivana Kirkbride to be Go90’s chief content officer.Probably the biggest thing going for Go90 is that it can undercut rivals on price. Not only is there no price for subscribing, but for Verizon Wireless customers, using the service doesn’t even count against their data cap.While watching a few movies on Netflix or binge-watching TV shows on Hulu can quickly eat through a customer’s plan, Verizon users are free to watch as much Go90 as they like. Verizon hasn’t said just how many people are actually taking the company up on the offer, but net neutrality advocates hate the way Verizon is prioritizing its own service.Walden made it clear in last year’s interview that Verizon might need to make more acquisitions — possibly including Yahoo — to reach its ambitions in the media and content realm.”We didn’t get into the media company business just to be a single-digit market share player,” Walden said. “We have much bigger aspirations of how we want to grow that business. Some can happen because of the scale Verizon brings, but we will continue to look at how we can scale and be a meaningful player from a double-digit market share, and by market share, I think about revenue. We definitely will look to build this business.”– By Ina Fried, Recode.net. July 25, 2016 The requested video is no longer available Verizon Figure Out Your Family Tree Just in Time For Father’s Day Figure Out Your Family Tree Just in Time For Father’s Day A Petition Is Coming ? for a ‘Game of Thrones’ Final Season Do-Over –shares HBO’s ‘Chernobyl’ Phenomenon Reporter, Recode.net Memorial Day Weekend Heat Wave Could Smash May Records Figure Out Your Family Tree Just in Time For Father’s Day 2020 Toyota Camry Economy adds 75K jobs in May Summer Beauty Survival Must-Haves A Petition Is Coming ? for a ‘Game of Thrones’ Final Season Do-Over Airbnb Wants to Take You on an All-Inclusive Adventure IHOP Sees Explosive Growth in To-Go Sales 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. Embed New York takes aim at skyscrapers’ sky-high energy usage Autoplay: On | Off Beyond Meat Earnings Are Beyond Analyst Expectations Sunlight Shines on Grand Canyon Former world paragliding champion Rémy soars over Pyrenees Delicious Summer Entertaining Ideas A Safe Way to Get Rid Of Bugs in Your Home Justin Bieber Launches Plant-Based Deodorant Heat Snapshot Next Article 2 Musts for Tackling Allergy Season How Human Behavior is Hurting Animals and What We Can Do to Protect Them IndyCar Beefing Up Business as Indy 500 Approaches Figure Out Your Family Tree Just in Time For Father’s Day Father’s Day is such a special moment for the whole family to come together and spend quality time with one another – and those are moments dad will cherish. What better way for dad to connect with his loved ones than learning about his family’s stor Lifeminute tv Photo of solider placing flag at Tomb of Unknown Solider goes viral Cannes: ticketless festival-goers seek seats for films Memorial Day Weekend Heat Wave Could Smash May Records A Safe Way to Get Rid Of Bugs in Your Home Figure Out Your Family Tree Just in Time For Father’s Day DiCaprio, Pitt want to team up again after Tarantino hit 2020 Ballots May Have a New Box to Check ? Vice President Enroll Now for $5 Meet the Rising Star Behind Verizon’s Effort to Buy Yahoo 2 Musts for Tackling Allergy Season Economy adds 75K jobs in May Saint Laurent dazzles with men’s collection on Malibu beach Turning Up the Heat in the Southeast for Holiday Weekend 4 min read Ina Fried A LifeMinute with John Lithgow: The Actor Discusses His Latest Projects Cannes: ticketless festival-goers seek seats for films Albany Steps Closer to Releasing Trump’s State Tax Returns After Assembly Vote Sophie Turner Talks Dark Phoenix, Co-Star Jessica Chastain and GoT BACK Congress Is Back as President Trump Heads to the UK Summer Beauty Survival Must-Haves Airbnb Wants to Take You on an All-Inclusive Adventure Southern Charm’ Star Talks New Season A LifeMinute with Ryan Seacrest US Navy: Russian destroyer almost collided with cruiser in the Philippine Sea This story originally appeared on CNBC Rock and Roll Hall of Fame Guitarist Don ‘Fingers’ Felder Releases New Album Fireside Chat | July 25: Three Surprising Ways to Build Your Brand 2 Delicious Summer Entertaining Ideas Sophie Turner Talks Dark Phoenix, Co-Star Jessica Chastain and GoTlast_img read more

With 87 Surge in Customer Bookings Episerver Promotes Internally for CMO

first_imgWith 87% Surge in Customer Bookings, Episerver Promotes Internally for CMO PRNewswireJune 4, 2019, 2:51 pmJune 4, 2019 Episerver Digital Experience Cloud Continues to Realize Sizable Returns for Company, Customers and CareersEpiserver, the company transforming digital experiences, has promoted its own SVP of Worldwide Marketing Jessica Fardin to Chief Marketing Officer after four record years directing the global marketing organization including through a $1.16 billion acquisition of Episerver by Insight Venture Partners.Recently recognized in the 2019 DMN Marketing Hall of Femme—in which hundreds of nominations were received and only 15 women were named including female marketing executives from Citi, Deloitte and Frito-Lay—Fardin’s marketing teams contributed to an 87 percent uptick in net-new customers in North America, a 183 percent lift in new customer sales in Sweden and double-digit increases to the number of new logos in all other principal markets, year over year. Episerver also experienced a 30 percent hike in global cloud bookings in 2018. Five hundred-plus customers now run on Episerver Digital Experience Cloud, the company’s full product suite of connected solutions for content, commerce and campaigns recognized by industry analysts as a leader across product functionality.Marketing Technology News: New iPad App for Food and Beverage Professionals Takes Menus from Paper to Fully Digital in Less than an Hour“Episerver is experiencing a bookings boom thanks to years of strategic investment in our partners, people and products,” said Episerver CMO Jessica Fardin. “Those investments are paying off in the form of prospective customers initiating conversations with us, wanting to learn how we’re delivering an industry-high 443 percent return on investment as well as continued confidence in our customer base making the move to Episerver Digital Experience Cloud.“Plans for even further growth are in effect, and I’m honored to continue empowering our world-class team, including with extra head count and spend, so they can empower our customers to create world-class experiences.”Marketing Technology News: SAPO Adopts AppNexus’ Full-Stack TechnologyFardin, and the Episerver Digital Experience Cloud her team markets, brings a fresh, forward-looking approach to an industry accustomed to similar offerings and all-male executive teams—with women only accounting for 23 percent of C-suite members in tech. She joins Chief Information and Chief Security Officer Sue Bergamo and Chief People Officer Virginia Frazer in transforming these experiences, for everyone from employees to end-users. They are united in these efforts with colleague Karen Chastain, senior director, global alliances who, announced this week, has been recognized among the 2019 Women of the Channel by CRN, a brand of The Channel Company, for the fourth consecutive year. Chastain is instrumental in Episerver’s strategic partnership with Microsoft™ resulting in key campaigns such as Episerver’s inclusion in Microsoft Technology Centers, Episerver Digital Experience Cloud availability on Microsoft AppSource, and many other joint ventures with Microsoft and other key global alliances.“The success Episerver has experienced over the past 25 years is not done without critical partnerships and personnel and a cutting-edge product to support them,” added Fardin. “We’re thrilled to see Karen recognized once again for her achievements in the dynamic partner ecosystem which is made even better through the authenticity and vision she brings to it.”Marketing Technology News: Digital Shadows Reveals a 50% Increase in Exposed Data in One Year DMN Marketing HallEpiserverInsight Venture PartnersJessica FardinMarketing TechnologyNewsSVP Previous ArticleJeff Herrera Announced as Chief Marketing Officer at Annex CloudNext ArticleCHEQ Report: Online Ad Fraud To Cost $23 Billion Globally in 2019last_img read more

PGs Marc Pritchard and Brand Leaders from Taco Bell and LEGO Take

first_img“Advertising will not exist in the future”Mark Pritchard, Chief Brand Officer, P&G “Purpose isn’t just about interesting ads that have a point of view”Julia Goldin, Global Chief Marketing Officer, LEGO“Great value has purpose”Marisa Thalberg, Global Chief Brand Officer, Taco BellThe Economist Group (TEG) has returned to the Cannes Lions International Festival of Creativity with a programme of engaging debate and discussion led by The Economist journalists. In its third daily Wake Up With The Economist At Cannes Lions panel, Andrew Palmer, Executive editor, The Economist spoke with Marc Pritchard, Chief Brand Officer at P&G, Marisa Thalberg, Global Chief Brand Officer at Taco Bell and Julia Goldin, Global Chief Marketing Officer at LEGO.Discussing the future of traditional advertising, and the power of platforms and purpose, these three brand leaders offered fantastic insight into tough questions facing the industry- and we have compiled their responses below.Marketing Technology News: SessionM Demonstrates How to Turn Data into Loyalty at Salesforce ConnectionsThe future of traditional advertisingThe panel kicked off with Marc Pritchard provocatively arguing that “advertising will not exist in the future” and in order to survive against the age of ad blocking, it is necessary to “take the ad world and merge it with other creative worlds” to “reinvent advertising and engage people in a way that is useful and entertaining to a point where they look forward to the next engagement with the brand.” He suggested that brands will attempt to become more entertaining and part of stories that will bring what they do to life in an organic way.Julia Goldin then furthered the discussion by arguing that consumers will have more control over what they engage with which sets the bar very high for marketers and creatives, and only through the adoption of holistic engagement will advertisers begin to appease this control.Palmer then challenged the marketers on how this approach can get through the boardroom. Julia Goldin responded by arguing that it’s not a difficult conversation to have – as long as “marketers wake up to the fact that they have more tools than ever before to have these conversations.” Data can be an incredibly powerful tool to help make the case – but many make the mistake of “siloing people who understand data rather than saying we need to understand how to use data.”  She argues that it boils down to the fact that if there is a bigger ROI if you invest in this type of activity vs another – “everyone understands that.”The power of the platforms  When questioned on whether the digital platforms have too much power as part of the ecosystem, Julia Goldin pointed to the need for both platforms and the industry itself to take more responsibility. Saying“when you work with platforms separately – that isn’t to the advantage of the consumer or brands as you end up with a lot of repetitive messaging out there.” She expanded on the need for platforms to take responsibility to ensure the digital environment is safe for adults and kids.Marisa Thalberg said that as a business of scale, they need to partner with the largest platforms to connect with people who are there. She also spoke of their responsibility as a businesses of that size to hit the pause button literally and figuratively when needed. However, she also  argued that we should have  empathy as “the rate and size with which they have grown is unprecedented in history” bringing complex issues with them. Saying that she believed in the good intentions of the platforms but “at a certain point if it is not happening fast or thoroughly enough then as an ad community we need to say it’s not enough to say you’re trying.”Marc Pritchard, agreed on the need for shared responsibility saying, “are the platforms doing enough? none of us are doing enough” and said that he worried that by spending so much time talking about the platforms we were missing out on other important questions.Marketing Technology News: Actions, Not Words: The Economist Group Unveils Global Social Purpose Research at Cannes Lions International Festival of CreativityLooking towards purposeThe conversation then changed to address brand purpose, and how brands can be a source for good, to which Julia Goldin argued that “purpose isn’t just about interesting ads that have a point of view” but includes issues such as sustainability and digital safety. Marc Pritchard  took a similar approach by saying that “businesses and brands have a great effect on culture and sustainability, so we have a responsibility to act in a way that is good for the economy”. Marisa Thalberg offered another argument around affordability by saying that “great value has purpose”, especially when it comes to caring for employees.Tomorrow’s ‘Wake Up with The Economist’ panel, also moderated by Andrew Palmer, Executive Editor, The Economist, includes the following world-class line-up:·       Aline Santos Executive Vice President, Global Marketing and Chief Diversity & Inclusion Officer, Unilever·       Meg Farren, Chief Marketing Officer, KFC, UK & Ireland·       Suzanne Kounkel, Chief Marketing officer, Deloitte, USMarketing Technology News: AUDIENCEX Continues Momentum with 300% Revenue Growth and Strategic Leadership Appointments P&G’s Marc Pritchard and Brand Leaders from Taco Bell and LEGO Take on the Future of Advertising, Platforms and Purpose at Wake up with the Economist MTS Staff WriterJune 20, 2019, 11:00 pmJune 20, 2019 EconomistJulia GoldinMarc PritchardMarketing TechnologyNewsP&GTaco Bell Previous ArticleHot Topics Recap: Cannes Lions 2019Next ArticleNow We Know the Truth: Going All-Digital with AI Is a Mistakelast_img read more