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How many cigarettes in a bottle of wine?
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Image copyright Getty Images Drinking one 750ml bottle of wine a week increases the risk of developing cancer over a lifetime by the equivalent of 10 cigarettes a week for women and five for men, a study says. The UK researchers said this was a good way of communicating the health risks of moderate drinking. But experts said that smoking carried much greater cancer risks than alcohol, for most drinkers. And the only way to cut the risks from smoking was to quit completely. Government guidelines on alcohol consumption advise men and women to drink no more than 14 units of alcohol a week - the equivalent of six pints of average strength beer or seven glasses of wine (or a bottle and a half of wine). The guidance also says there is no "safe" level of drinking when it comes to health risk. This study says even moderate drinking can put people at risk of cancer, particularly breast cancer, which is the most common cancer in women in the UK. Communicating cancer harms Writing in BMC Public Health, the researchers calculated that if 1,000 non-smoking men and 1,000 non-smoking women each drank one bottle of wine a week, around 10 extra men and 14 extra women could develop cancer during their lives. In women, alcohol intake was link to increased risk of breast cancer and in men, it was linked to cancers of the gastrointestinal tract and liver. For their calculations, the research team from the University of Southampton and Bangor University, used data on cancer risk from Cancer Research UK and data on the number of cancers in the population that could be linked to tobacco and alcohol. Dr Minouk Schoemaker, scientist at The Institute of Cancer Research, London, who conducts research into the causes of breast cancer, said the study offered an "interesting insight" but he said the picture was not simple. "The overall picture of cancer risk is enormously complex and nuanced, so it's important to keep in mind that this new study is subject to a number of assumptions," she said. "For example, it is difficult to disentangle the effects of alcohol and cigarette smoking entirely, and the study did not take into account the duration of smoking or time since stopping." The study only looked at cancer - not at any other disease, such as cardiovascular or lung diseases common in smokers. It also used data from 2004 and did not take into account other factors which could cause cancers, such as age, family genes, diet and other aspects of lifestyle. And the numbers of cigarettes "equivalent" to alcohol are small, when most smokers smoke many more a day. As a result, for some, the jury is out on how useful the study is. 'Smoking more hazardous' Prof John Britton, director of the UK Centre for Tobacco and Alcohol Studies at the University of Nottingham, said: "I'm not sure many people decide whether to smoke or drink... based on how comparable the risks of the two are. "This study demonstrates that in relation to cancer risk, smoking is substantially more hazardous than alcohol consumption. Smoking is also far more hazardous than alcohol in relation to a range of other diseases. "If smokers are worried about their health, the best thing they can do is quit smoking. "People who consume alcohol should try to stick within the recommended guidelines of 14 units per week," Prof Britton added. But Dr Bob Patton, lecturer in clinical psychology at the University of Surrey, said the study could transform public opinion. "It is likely that the findings from this simple study will have a profound effect on the way that drinkers, and in particular female drinkers, regard the risks associated with alcohol consumption," he said. "Viewing alcohol drinking in the same light as cigarette smoking may well result in a decrease in consumption and its related harms."
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One 750ml bottle of wine a week increases the risk of developing cancer by the equivalent of 10 cigarettes a week for women and five for men. UK researchers said this was a good way of communicating the health risks of moderate drinking. But experts said that smoking carried much greater cancer risks than alcohol, for most drinkers.
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bart
| 2 |
https://www.bbc.co.uk/news/health-47723704
| 0.574818 |
Can theatre in schools tackle county lines drug phenomenon?
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Image caption Theatr Clwyd educated school pupils in Dolgellau about county lines Children are being taught how to recognise the dangers of county lines drug networks, after "significant problems" in north Wales. There is "strong evidence" of county lines in the area, according to the head of a drug and alcohol charity. The gangs operate using vulnerable youngsters to sell drugs locally, on behalf of senior dealers miles away. The Chief Constable for North Wales Police said previously it was a "priority" for the force. Image caption Clive Wolfendale said there was "strong evidence" of county lines problems in north Wales Clive Wolfendale, chief executive of Welsh drug and alcohol charity Cais, said it was important young people know the risks and dangers associated with predatory criminals who deal illegal drugs. "Too many young people are falling prey to ruthless gangs, who are trading misery," he said. "North Wales is not immune from this problem and, in fact, there is strong evidence of significant problems in some areas." Mr Wolfendale, who previously served as deputy chief constable for North Wales Police, added that, as well as education work, there needed to be renewed and determined policing efforts too. Emyr John, from Theatr Clwyd which is putting on the play, also said county lines was "a growing issue" in north Wales, with gangs coming into the area from Liverpool, Birmingham and Manchester. Image caption Magistrates feature in the project to show how the justice system works The play called 'Justice in a day - County Lines' shows how county lines gangs operate and the consequences of the justice system. In the performance, 16-year-old Connor is befriended and paid well for delivering a few packages by a mysterious adult Jonah. Despite the drugs not coming directly from Connor, he is the one left exploited and serving an 18-month prison sentence for intent to supply Class A drugs. Year eight pupil Chelsea, who watched the play, said: "You realise how easy it is to be manipulated into things like money and how to identify when someone is being manipulated." David Evans, from North Wales Police and Community Trust (PACT), said: "County lines and knife crime are a continuing scourge on our society and it is vital that we educate our young people to help keep them safe from harm." The theatre company, which runs the project with North Wales PACT and the Scottish Power Foundation, will visit 40 secondary schools across Flintshire, Conwy, Denbighshire, Gwynedd, Anglesey and Wrexham.
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'Strong evidence' of county lines problems in north Wales, says drug charity. Theatr Clwyd is putting on a play about the phenomenon in 40 schools.
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ctrlsum
| 1 |
https://www.bbc.co.uk/news/uk-wales-47722397
| 0.245372 |
Can theatre in schools tackle county lines drug phenomenon?
|
Image caption Theatr Clwyd educated school pupils in Dolgellau about county lines Children are being taught how to recognise the dangers of county lines drug networks, after "significant problems" in north Wales. There is "strong evidence" of county lines in the area, according to the head of a drug and alcohol charity. The gangs operate using vulnerable youngsters to sell drugs locally, on behalf of senior dealers miles away. The Chief Constable for North Wales Police said previously it was a "priority" for the force. Image caption Clive Wolfendale said there was "strong evidence" of county lines problems in north Wales Clive Wolfendale, chief executive of Welsh drug and alcohol charity Cais, said it was important young people know the risks and dangers associated with predatory criminals who deal illegal drugs. "Too many young people are falling prey to ruthless gangs, who are trading misery," he said. "North Wales is not immune from this problem and, in fact, there is strong evidence of significant problems in some areas." Mr Wolfendale, who previously served as deputy chief constable for North Wales Police, added that, as well as education work, there needed to be renewed and determined policing efforts too. Emyr John, from Theatr Clwyd which is putting on the play, also said county lines was "a growing issue" in north Wales, with gangs coming into the area from Liverpool, Birmingham and Manchester. Image caption Magistrates feature in the project to show how the justice system works The play called 'Justice in a day - County Lines' shows how county lines gangs operate and the consequences of the justice system. In the performance, 16-year-old Connor is befriended and paid well for delivering a few packages by a mysterious adult Jonah. Despite the drugs not coming directly from Connor, he is the one left exploited and serving an 18-month prison sentence for intent to supply Class A drugs. Year eight pupil Chelsea, who watched the play, said: "You realise how easy it is to be manipulated into things like money and how to identify when someone is being manipulated." David Evans, from North Wales Police and Community Trust (PACT), said: "County lines and knife crime are a continuing scourge on our society and it is vital that we educate our young people to help keep them safe from harm." The theatre company, which runs the project with North Wales PACT and the Scottish Power Foundation, will visit 40 secondary schools across Flintshire, Conwy, Denbighshire, Gwynedd, Anglesey and Wrexham.
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'Strong evidence' of county lines problems in north Wales, says drug charity. Theatr Clwyd is putting on a play about the phenomenon in schools. It will be shown to 40 secondary schools across the north of Wales. The play shows how a 16-year-old boy is exploited by a gang.
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ctrlsum
| 2 |
https://www.bbc.co.uk/news/uk-wales-47722397
| 0.34714 |
Is it time to raise the smoking age to 21?
|
Image copyright Getty Images There is a growing clamour to raise the age at which tobacco products can be bought, from 18 to 21. The All Party Parliamentary Group on Smoking and Health put forward the idea earlier this month, and now a leading doctor, Imperial College London respiratory specialist Dr Nicholas Hopkinson, has written in the British Medical Journal arguing the case for the change. Helping existing smokers to quit is important, says Dr Hopkinson, who also chairs the Action on Smoking and Health campaign group, but "the most vital element" is to prevent young people from starting in the first place. "Smoking is a contagious habit, transmitted within peer groups," he says. To back of his case, he points to the success of raising the legal age from 16 to 18, which happened in 2007. Since then, the proportion of young smokers - defined as those aged 16 to 24 - has fallen from more than one in four in 2007 to less than one in five now, according to the Office for National Statistics. But of course it is impossible to say whether that is directly linked to changing the age at which tobacco products can be bought. In the past 12 years, there has been lots of anti-smoking legislation, including: a ban on smoking in public places restrictions on displays in shops the introduction of graphic images on packs warning of the dangers of smoking All have had a role in the overall decline in smoking. But another factor - some argue even more important than any legislation that has been introduced - has been the rise in e-cigarettes use. Data from the ONS suggests nearly a third of ex-smokers have been or still are vapers. Public Health England says e-cigarettes are now the most common quit aid and are helping give the nation a "fighting chance" to become smoke-free - classed as having less than 5% of people smoking. It is why the government's annual Stoptober campaign has embraced e-cigarettes. Image copyright Getty Images Image caption MPs want greater freedom for industry to advertise e-cigarettes Currently, ministers in England says there are no plans to raise the age at which people can buy tobacco products. The Department of Health and Social Care published its last smoking strategy in 2017. It talked about: becoming smoke-free setting a target to reduce smoking rates to 12% by 2022 setting out steps to reduce smoking during pregnancy improving stop-smoking services But that will not stop the debate raging. 'Generation Sensible' Research suggests two-thirds of smokers take up the habit in their teenage years. Campaigners believe by closing the door on this older teenage market they can deal a fatal blow to the tobacco industry. But raising the age at which people can buy tobacco products is not the only frontier the health lobby is pushing. They also want to see: advice on how to quit smoking inserted into packs a further increase in the tax on cigarettes a crackdown on retailers who sell to children Image copyright Getty Images But even as arguments over what to do next on smoking develop, don't forget there could be another factor in all this - the impact of "Generation Sensible". All the evidence suggests young people are increasingly shunning the unhealthy behaviours of previous generations. Not only are they less likely to smoke, they drink less, take drugs less and socialise less. Research suggests they have exchanged the traditional vices for social media and gaming. Read more from Nick Follow Nick on Twitter
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There is a growing clamour to raise the age at which tobacco products can be bought, from 18 to 21.
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pegasus
| 0 |
https://www.bbc.co.uk/news/health-47724068
| 0.100431 |
Is it time to raise the smoking age to 21?
|
Image copyright Getty Images There is a growing clamour to raise the age at which tobacco products can be bought, from 18 to 21. The All Party Parliamentary Group on Smoking and Health put forward the idea earlier this month, and now a leading doctor, Imperial College London respiratory specialist Dr Nicholas Hopkinson, has written in the British Medical Journal arguing the case for the change. Helping existing smokers to quit is important, says Dr Hopkinson, who also chairs the Action on Smoking and Health campaign group, but "the most vital element" is to prevent young people from starting in the first place. "Smoking is a contagious habit, transmitted within peer groups," he says. To back of his case, he points to the success of raising the legal age from 16 to 18, which happened in 2007. Since then, the proportion of young smokers - defined as those aged 16 to 24 - has fallen from more than one in four in 2007 to less than one in five now, according to the Office for National Statistics. But of course it is impossible to say whether that is directly linked to changing the age at which tobacco products can be bought. In the past 12 years, there has been lots of anti-smoking legislation, including: a ban on smoking in public places restrictions on displays in shops the introduction of graphic images on packs warning of the dangers of smoking All have had a role in the overall decline in smoking. But another factor - some argue even more important than any legislation that has been introduced - has been the rise in e-cigarettes use. Data from the ONS suggests nearly a third of ex-smokers have been or still are vapers. Public Health England says e-cigarettes are now the most common quit aid and are helping give the nation a "fighting chance" to become smoke-free - classed as having less than 5% of people smoking. It is why the government's annual Stoptober campaign has embraced e-cigarettes. Image copyright Getty Images Image caption MPs want greater freedom for industry to advertise e-cigarettes Currently, ministers in England says there are no plans to raise the age at which people can buy tobacco products. The Department of Health and Social Care published its last smoking strategy in 2017. It talked about: becoming smoke-free setting a target to reduce smoking rates to 12% by 2022 setting out steps to reduce smoking during pregnancy improving stop-smoking services But that will not stop the debate raging. 'Generation Sensible' Research suggests two-thirds of smokers take up the habit in their teenage years. Campaigners believe by closing the door on this older teenage market they can deal a fatal blow to the tobacco industry. But raising the age at which people can buy tobacco products is not the only frontier the health lobby is pushing. They also want to see: advice on how to quit smoking inserted into packs a further increase in the tax on cigarettes a crackdown on retailers who sell to children Image copyright Getty Images But even as arguments over what to do next on smoking develop, don't forget there could be another factor in all this - the impact of "Generation Sensible". All the evidence suggests young people are increasingly shunning the unhealthy behaviours of previous generations. Not only are they less likely to smoke, they drink less, take drugs less and socialise less. Research suggests they have exchanged the traditional vices for social media and gaming. Read more from Nick Follow Nick on Twitter
|
There is a growing clamour to raise the age at which tobacco products can be bought, from 18 to 21. The All Party Parliamentary Group on Smoking and Health put forward the idea earlier this month.
|
pegasus
| 1 |
https://www.bbc.co.uk/news/health-47724068
| 0.108722 |
Is it time to raise the smoking age to 21?
|
Image copyright Getty Images There is a growing clamour to raise the age at which tobacco products can be bought, from 18 to 21. The All Party Parliamentary Group on Smoking and Health put forward the idea earlier this month, and now a leading doctor, Imperial College London respiratory specialist Dr Nicholas Hopkinson, has written in the British Medical Journal arguing the case for the change. Helping existing smokers to quit is important, says Dr Hopkinson, who also chairs the Action on Smoking and Health campaign group, but "the most vital element" is to prevent young people from starting in the first place. "Smoking is a contagious habit, transmitted within peer groups," he says. To back of his case, he points to the success of raising the legal age from 16 to 18, which happened in 2007. Since then, the proportion of young smokers - defined as those aged 16 to 24 - has fallen from more than one in four in 2007 to less than one in five now, according to the Office for National Statistics. But of course it is impossible to say whether that is directly linked to changing the age at which tobacco products can be bought. In the past 12 years, there has been lots of anti-smoking legislation, including: a ban on smoking in public places restrictions on displays in shops the introduction of graphic images on packs warning of the dangers of smoking All have had a role in the overall decline in smoking. But another factor - some argue even more important than any legislation that has been introduced - has been the rise in e-cigarettes use. Data from the ONS suggests nearly a third of ex-smokers have been or still are vapers. Public Health England says e-cigarettes are now the most common quit aid and are helping give the nation a "fighting chance" to become smoke-free - classed as having less than 5% of people smoking. It is why the government's annual Stoptober campaign has embraced e-cigarettes. Image copyright Getty Images Image caption MPs want greater freedom for industry to advertise e-cigarettes Currently, ministers in England says there are no plans to raise the age at which people can buy tobacco products. The Department of Health and Social Care published its last smoking strategy in 2017. It talked about: becoming smoke-free setting a target to reduce smoking rates to 12% by 2022 setting out steps to reduce smoking during pregnancy improving stop-smoking services But that will not stop the debate raging. 'Generation Sensible' Research suggests two-thirds of smokers take up the habit in their teenage years. Campaigners believe by closing the door on this older teenage market they can deal a fatal blow to the tobacco industry. But raising the age at which people can buy tobacco products is not the only frontier the health lobby is pushing. They also want to see: advice on how to quit smoking inserted into packs a further increase in the tax on cigarettes a crackdown on retailers who sell to children Image copyright Getty Images But even as arguments over what to do next on smoking develop, don't forget there could be another factor in all this - the impact of "Generation Sensible". All the evidence suggests young people are increasingly shunning the unhealthy behaviours of previous generations. Not only are they less likely to smoke, they drink less, take drugs less and socialise less. Research suggests they have exchanged the traditional vices for social media and gaming. Read more from Nick Follow Nick on Twitter
|
There is a growing clamour to raise the age at which tobacco products can be bought, from 18 to 21. The All Party Parliamentary Group on Smoking and Health put forward the idea earlier this month. A leading doctor, Imperial College London respiratory specialist Dr Nicholas Hopkinson, has written in the British Medical Journal arguing the case for the change.
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pegasus
| 2 |
https://www.bbc.co.uk/news/health-47724068
| 0.100822 |
How much will P&G boost its dividend?
|
CLOSE Take a virtual shopping trip to find all of Procter & Gamble's products. Sam Greene Procter & Gamble is expected to boost its dividend payment anywhere from 3 to 7 percent in the coming weeks signaling growing turnaround confidence, local analysts say. P&G's sales have rebounded and its stock has hit an all-time high in late March. The company might even be considering a stock split later this year. Local investment pros say the Cincinnati-based maker of Tide detergent and Pampers diapers will hint how confident company officials are in their newfound traction by the size of the shareholder payout that P&G has increased annually for the last 62 years. P&G's annual increase has occurred in April in the past several years. "I wouldnt be surprised if P&G rewarded investors with a new dividend thats 5 to 7 percent higher than what it was last year," said Andrew Stout, chief investment officer at Simply Money based in Symmes Township in suburban Cincinnati. Stout added P&G's surprisingly robust 4 percent organic sales growth (excluding foreign exchange, mergers and acquisitions) in the first half of the fiscal year has rekindled investor faith in the company, which has been trying to jump-start sales growth since 2012. Stout said the dividend increase will be closely watched as a sign of how confident top executives and the board of directors are in P&G's momentum. A higher single-digit increase would suggest company officials see continued strong performance, while 3 percent or lower would hint at a more cautious internal outlook. Boosting the payout is a big deal for Procter because if its fortunes sink sharply, it would make it harder for the company to pay the dividend and keep increasing it in the future. NEWSLETTERS Get the Business Report newsletter delivered to your inbox We're sorry, but something went wrong Get top business headlines at the start of each day and be alerted of important business news as it happens. Please try again soon, or contact Customer Service at 1-800-876-4500. Delivery: Daily Invalid email address Thank you! You're almost signed up for Business Report Keep an eye out for an email to confirm your newsletter registration. More newsletters "They take a lot of pride in their ability to consistently raise the dividend," said Mariner Wealth Advisors' senior portfolio manager Kyle Moore in downtown Cincinnati. Buy Photo Procter & Gamble headquarters in downtown Cincinnati Wednesday October 5, 2017. (Photo: The Enquirer/Cara Owsley) Moore believes the increase will range between 3.5 percent and 5 percent. Terry Kelly, a principal at Barlett & Co. in downtown Cincinnati, agreed the dividend increase will be closely scrutinized. He added coupled with the improved company performance it will further convince investors the company has put its troubles behind. Kelly believes P&G will increase its dividend by 4 to 5 percent. "It's not a big stretch," Kelly said, adding that higher than his range would be "aggressive," while lower would be seen as "cautious." The company has made itself an investor favorite by steadily increasing the amount of profits passed on to stockholders every year since the Soviets launched Sputnik and Elvis bought Graceland. P&G is one of Greater Cincinnati and Northern Kentucky's most widely held stocks in no small part due to its decades-old tradition of paying employees with company shares in addition to salary or hourly wage. The company has 10,000 local employees and legions of area retirees also remain big shareholders. For the latest on P&G, Kroger, Fifth Third Bank and Cincinnati business news, follow @alexcoolidge on Twitter. Read or Share this story: https://www.cincinnati.com/story/money/2019/03/27/how-much-p-g-boost-its-dividend/3272097002/
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Procter & Gamble is expected to boost its dividend payment anywhere from 3 to 7 percent.
|
ctrlsum
| 0 |
https://www.cincinnati.com/story/money/2019/03/27/how-much-p-g-boost-its-dividend/3272097002/
| 0.507823 |
How much will P&G boost its dividend?
|
CLOSE Take a virtual shopping trip to find all of Procter & Gamble's products. Sam Greene Procter & Gamble is expected to boost its dividend payment anywhere from 3 to 7 percent in the coming weeks signaling growing turnaround confidence, local analysts say. P&G's sales have rebounded and its stock has hit an all-time high in late March. The company might even be considering a stock split later this year. Local investment pros say the Cincinnati-based maker of Tide detergent and Pampers diapers will hint how confident company officials are in their newfound traction by the size of the shareholder payout that P&G has increased annually for the last 62 years. P&G's annual increase has occurred in April in the past several years. "I wouldnt be surprised if P&G rewarded investors with a new dividend thats 5 to 7 percent higher than what it was last year," said Andrew Stout, chief investment officer at Simply Money based in Symmes Township in suburban Cincinnati. Stout added P&G's surprisingly robust 4 percent organic sales growth (excluding foreign exchange, mergers and acquisitions) in the first half of the fiscal year has rekindled investor faith in the company, which has been trying to jump-start sales growth since 2012. Stout said the dividend increase will be closely watched as a sign of how confident top executives and the board of directors are in P&G's momentum. A higher single-digit increase would suggest company officials see continued strong performance, while 3 percent or lower would hint at a more cautious internal outlook. Boosting the payout is a big deal for Procter because if its fortunes sink sharply, it would make it harder for the company to pay the dividend and keep increasing it in the future. NEWSLETTERS Get the Business Report newsletter delivered to your inbox We're sorry, but something went wrong Get top business headlines at the start of each day and be alerted of important business news as it happens. Please try again soon, or contact Customer Service at 1-800-876-4500. Delivery: Daily Invalid email address Thank you! You're almost signed up for Business Report Keep an eye out for an email to confirm your newsletter registration. More newsletters "They take a lot of pride in their ability to consistently raise the dividend," said Mariner Wealth Advisors' senior portfolio manager Kyle Moore in downtown Cincinnati. Buy Photo Procter & Gamble headquarters in downtown Cincinnati Wednesday October 5, 2017. (Photo: The Enquirer/Cara Owsley) Moore believes the increase will range between 3.5 percent and 5 percent. Terry Kelly, a principal at Barlett & Co. in downtown Cincinnati, agreed the dividend increase will be closely scrutinized. He added coupled with the improved company performance it will further convince investors the company has put its troubles behind. Kelly believes P&G will increase its dividend by 4 to 5 percent. "It's not a big stretch," Kelly said, adding that higher than his range would be "aggressive," while lower would be seen as "cautious." The company has made itself an investor favorite by steadily increasing the amount of profits passed on to stockholders every year since the Soviets launched Sputnik and Elvis bought Graceland. P&G is one of Greater Cincinnati and Northern Kentucky's most widely held stocks in no small part due to its decades-old tradition of paying employees with company shares in addition to salary or hourly wage. The company has 10,000 local employees and legions of area retirees also remain big shareholders. For the latest on P&G, Kroger, Fifth Third Bank and Cincinnati business news, follow @alexcoolidge on Twitter. Read or Share this story: https://www.cincinnati.com/story/money/2019/03/27/how-much-p-g-boost-its-dividend/3272097002/
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Procter & Gamble is expected to boost its dividend payment anywhere from 3 to 7 percent. P&G's annual increase has occurred in April in the past several years.
|
ctrlsum
| 1 |
https://www.cincinnati.com/story/money/2019/03/27/how-much-p-g-boost-its-dividend/3272097002/
| 0.583965 |
How much will P&G boost its dividend?
|
CLOSE Take a virtual shopping trip to find all of Procter & Gamble's products. Sam Greene Procter & Gamble is expected to boost its dividend payment anywhere from 3 to 7 percent in the coming weeks signaling growing turnaround confidence, local analysts say. P&G's sales have rebounded and its stock has hit an all-time high in late March. The company might even be considering a stock split later this year. Local investment pros say the Cincinnati-based maker of Tide detergent and Pampers diapers will hint how confident company officials are in their newfound traction by the size of the shareholder payout that P&G has increased annually for the last 62 years. P&G's annual increase has occurred in April in the past several years. "I wouldnt be surprised if P&G rewarded investors with a new dividend thats 5 to 7 percent higher than what it was last year," said Andrew Stout, chief investment officer at Simply Money based in Symmes Township in suburban Cincinnati. Stout added P&G's surprisingly robust 4 percent organic sales growth (excluding foreign exchange, mergers and acquisitions) in the first half of the fiscal year has rekindled investor faith in the company, which has been trying to jump-start sales growth since 2012. Stout said the dividend increase will be closely watched as a sign of how confident top executives and the board of directors are in P&G's momentum. A higher single-digit increase would suggest company officials see continued strong performance, while 3 percent or lower would hint at a more cautious internal outlook. Boosting the payout is a big deal for Procter because if its fortunes sink sharply, it would make it harder for the company to pay the dividend and keep increasing it in the future. NEWSLETTERS Get the Business Report newsletter delivered to your inbox We're sorry, but something went wrong Get top business headlines at the start of each day and be alerted of important business news as it happens. Please try again soon, or contact Customer Service at 1-800-876-4500. Delivery: Daily Invalid email address Thank you! You're almost signed up for Business Report Keep an eye out for an email to confirm your newsletter registration. More newsletters "They take a lot of pride in their ability to consistently raise the dividend," said Mariner Wealth Advisors' senior portfolio manager Kyle Moore in downtown Cincinnati. Buy Photo Procter & Gamble headquarters in downtown Cincinnati Wednesday October 5, 2017. (Photo: The Enquirer/Cara Owsley) Moore believes the increase will range between 3.5 percent and 5 percent. Terry Kelly, a principal at Barlett & Co. in downtown Cincinnati, agreed the dividend increase will be closely scrutinized. He added coupled with the improved company performance it will further convince investors the company has put its troubles behind. Kelly believes P&G will increase its dividend by 4 to 5 percent. "It's not a big stretch," Kelly said, adding that higher than his range would be "aggressive," while lower would be seen as "cautious." The company has made itself an investor favorite by steadily increasing the amount of profits passed on to stockholders every year since the Soviets launched Sputnik and Elvis bought Graceland. P&G is one of Greater Cincinnati and Northern Kentucky's most widely held stocks in no small part due to its decades-old tradition of paying employees with company shares in addition to salary or hourly wage. The company has 10,000 local employees and legions of area retirees also remain big shareholders. For the latest on P&G, Kroger, Fifth Third Bank and Cincinnati business news, follow @alexcoolidge on Twitter. Read or Share this story: https://www.cincinnati.com/story/money/2019/03/27/how-much-p-g-boost-its-dividend/3272097002/
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Procter & Gamble is expected to boost its dividend payment anywhere from 3 to 7 percent. P&G's sales have rebounded and its stock has hit an all-time high in late March. A higher single-digit increase would suggest company officials see continued strong performance.
|
ctrlsum
| 2 |
https://www.cincinnati.com/story/money/2019/03/27/how-much-p-g-boost-its-dividend/3272097002/
| 0.648096 |
How Does Coaching Actually Help Leaders?
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Getty Coaching with leaders and within organizations is often cited as a highly valuable tool for developing people and businesses. The Institute of Coaching cites that over 70% of individuals who receive coaching benefited from improved work performance, relationships and more effective communication skills. They also reported that a huge 86% of companies feel that they recouped the investment they made into coaching plus more on top. Studies show that coaching is effective at reducing procrastination and facilitating goal attainment and there is a growing body of empirical research that supports the findings that business coaching really does facilitate goal achievement. In an interesting new case study published in the International Journal of Evidence Based Coaching and Mentoring researcher Sally Bonneywell explores precisely how coaching supports the development of female leaders in particular, within a global organization. Bonneywell shines a light on coaching and demystifies what can sometimes seem like mysterious work. The research reveals how one to one coaching and group coaching was experienced by the clients. In this piece, well look at the results of the one to one coaching for leaders and in a follow-up article, well explore the outcome of group coaching for the female leaders. Bonneywell breaks down the individual changes the coaching clients experienced into two groups: Coaching Changes In Relation To The Clients Personally Self Awareness - The majority of leaders reported experiencing an increase in their level of self-awareness. They also reported feeling better able to understand themselves and their self-concept and also felt they had more insight into how they impact others. Self Confidence - The leaders also reported an increase in self-confidence. This was also coupled with a decrease in self-limiting thoughts and beliefs. Self Leadership - Leaders reported that as their self-development, knowledge of themselves and self-confidence grew so did their awareness of their own self-leadership. How they lead themselves and the expectations they set themselves were highlighted through the coaching work and explored within it. For some participants, unrealistic expectations were uncovered and through coaching they were able to develop their ability to lead themselves with more compassion and self-acceptance. Coaching Facilitated Change In Relationships With Others Leadership Style - Coaching directly impacted how the leaders thought about their leadership behaviors. It developed their awareness of their leadership style and gave them the opportunity to reflect on it and be more thoughtful going forward with regards to their approach to tasks and goals. Relationship To Line Manager - Coaching appeared to help clients explore their existing relationship with their line manager which had many benefits. Some clients were able to identify things they were not satisfied wirth within this relationship and change it. For others, coaching offered a place to explore what they were satisfied with and what within that relationship they valued and found helpful. The quality of this relationship appeared to impact the micro-climate of the female leaders and influenced their perceived career outcomes. Relationship To Conflict - Many of the female leaders within this study found their relationship to conflict interesting and coaching enabled them to explore the topic. Some leaders were comfortable with conflict and others felt that it was an area of concern and one they needed more learning in. During coaching, many of the participants discovered that conflict was something they were avoiding. Coaching allowed them to explore negative beliefs around conflict, to challenge and ultimately change them. Relationship To Power - The case study found that some female leaders rejected the concept of power and had quite strongly negative feelings towards it. Coaching supported shifts in insight and perceptions for clients around power and how it could be used. Through the process of coaching some views and thinking moved towards seeing power as a positive and constructive force connected to strength and confidence and one which they had choice and influence over how it was used. Relationship To Personal Life - The coaching space offered leaders the chance to explore and reflect on their work/life balance and their responsibilities, particularly regarding family. Coaching supported some leaders in making links within work to parts of their life outside of work adding a seemingly helpful holistic aspect to the work. Coaching in this way helped clients find insights around how things in their lives connect. Of course not everyone's experience of coaching will be the same, however, this illuminating research shows how coaching can be valuable to female leaders in particular. If youre a leader or someone working within an organization and think this kind professional development may be helpful either personally or to those you work with then coaching may be an intervention worth considering.
|
A new case study explores how coaching supports the development of female leaders in particular, within a global organization.
|
bart
| 0 |
https://www.forbes.com/sites/carleysime/2019/03/28/how-does-coaching-actually-help-leaders/
| 0.106927 |
How Does Coaching Actually Help Leaders?
|
Getty Coaching with leaders and within organizations is often cited as a highly valuable tool for developing people and businesses. The Institute of Coaching cites that over 70% of individuals who receive coaching benefited from improved work performance, relationships and more effective communication skills. They also reported that a huge 86% of companies feel that they recouped the investment they made into coaching plus more on top. Studies show that coaching is effective at reducing procrastination and facilitating goal attainment and there is a growing body of empirical research that supports the findings that business coaching really does facilitate goal achievement. In an interesting new case study published in the International Journal of Evidence Based Coaching and Mentoring researcher Sally Bonneywell explores precisely how coaching supports the development of female leaders in particular, within a global organization. Bonneywell shines a light on coaching and demystifies what can sometimes seem like mysterious work. The research reveals how one to one coaching and group coaching was experienced by the clients. In this piece, well look at the results of the one to one coaching for leaders and in a follow-up article, well explore the outcome of group coaching for the female leaders. Bonneywell breaks down the individual changes the coaching clients experienced into two groups: Coaching Changes In Relation To The Clients Personally Self Awareness - The majority of leaders reported experiencing an increase in their level of self-awareness. They also reported feeling better able to understand themselves and their self-concept and also felt they had more insight into how they impact others. Self Confidence - The leaders also reported an increase in self-confidence. This was also coupled with a decrease in self-limiting thoughts and beliefs. Self Leadership - Leaders reported that as their self-development, knowledge of themselves and self-confidence grew so did their awareness of their own self-leadership. How they lead themselves and the expectations they set themselves were highlighted through the coaching work and explored within it. For some participants, unrealistic expectations were uncovered and through coaching they were able to develop their ability to lead themselves with more compassion and self-acceptance. Coaching Facilitated Change In Relationships With Others Leadership Style - Coaching directly impacted how the leaders thought about their leadership behaviors. It developed their awareness of their leadership style and gave them the opportunity to reflect on it and be more thoughtful going forward with regards to their approach to tasks and goals. Relationship To Line Manager - Coaching appeared to help clients explore their existing relationship with their line manager which had many benefits. Some clients were able to identify things they were not satisfied wirth within this relationship and change it. For others, coaching offered a place to explore what they were satisfied with and what within that relationship they valued and found helpful. The quality of this relationship appeared to impact the micro-climate of the female leaders and influenced their perceived career outcomes. Relationship To Conflict - Many of the female leaders within this study found their relationship to conflict interesting and coaching enabled them to explore the topic. Some leaders were comfortable with conflict and others felt that it was an area of concern and one they needed more learning in. During coaching, many of the participants discovered that conflict was something they were avoiding. Coaching allowed them to explore negative beliefs around conflict, to challenge and ultimately change them. Relationship To Power - The case study found that some female leaders rejected the concept of power and had quite strongly negative feelings towards it. Coaching supported shifts in insight and perceptions for clients around power and how it could be used. Through the process of coaching some views and thinking moved towards seeing power as a positive and constructive force connected to strength and confidence and one which they had choice and influence over how it was used. Relationship To Personal Life - The coaching space offered leaders the chance to explore and reflect on their work/life balance and their responsibilities, particularly regarding family. Coaching supported some leaders in making links within work to parts of their life outside of work adding a seemingly helpful holistic aspect to the work. Coaching in this way helped clients find insights around how things in their lives connect. Of course not everyone's experience of coaching will be the same, however, this illuminating research shows how coaching can be valuable to female leaders in particular. If youre a leader or someone working within an organization and think this kind professional development may be helpful either personally or to those you work with then coaching may be an intervention worth considering.
|
A new case study explores how coaching supports the development of female leaders. The research reveals how one to one coaching and group coaching was experienced by the clients. The majority of leaders reported experiencing an increase in their level of self-awareness.
|
bart
| 1 |
https://www.forbes.com/sites/carleysime/2019/03/28/how-does-coaching-actually-help-leaders/
| 0.26554 |
How Does Coaching Actually Help Leaders?
|
Getty Coaching with leaders and within organizations is often cited as a highly valuable tool for developing people and businesses. The Institute of Coaching cites that over 70% of individuals who receive coaching benefited from improved work performance, relationships and more effective communication skills. They also reported that a huge 86% of companies feel that they recouped the investment they made into coaching plus more on top. Studies show that coaching is effective at reducing procrastination and facilitating goal attainment and there is a growing body of empirical research that supports the findings that business coaching really does facilitate goal achievement. In an interesting new case study published in the International Journal of Evidence Based Coaching and Mentoring researcher Sally Bonneywell explores precisely how coaching supports the development of female leaders in particular, within a global organization. Bonneywell shines a light on coaching and demystifies what can sometimes seem like mysterious work. The research reveals how one to one coaching and group coaching was experienced by the clients. In this piece, well look at the results of the one to one coaching for leaders and in a follow-up article, well explore the outcome of group coaching for the female leaders. Bonneywell breaks down the individual changes the coaching clients experienced into two groups: Coaching Changes In Relation To The Clients Personally Self Awareness - The majority of leaders reported experiencing an increase in their level of self-awareness. They also reported feeling better able to understand themselves and their self-concept and also felt they had more insight into how they impact others. Self Confidence - The leaders also reported an increase in self-confidence. This was also coupled with a decrease in self-limiting thoughts and beliefs. Self Leadership - Leaders reported that as their self-development, knowledge of themselves and self-confidence grew so did their awareness of their own self-leadership. How they lead themselves and the expectations they set themselves were highlighted through the coaching work and explored within it. For some participants, unrealistic expectations were uncovered and through coaching they were able to develop their ability to lead themselves with more compassion and self-acceptance. Coaching Facilitated Change In Relationships With Others Leadership Style - Coaching directly impacted how the leaders thought about their leadership behaviors. It developed their awareness of their leadership style and gave them the opportunity to reflect on it and be more thoughtful going forward with regards to their approach to tasks and goals. Relationship To Line Manager - Coaching appeared to help clients explore their existing relationship with their line manager which had many benefits. Some clients were able to identify things they were not satisfied wirth within this relationship and change it. For others, coaching offered a place to explore what they were satisfied with and what within that relationship they valued and found helpful. The quality of this relationship appeared to impact the micro-climate of the female leaders and influenced their perceived career outcomes. Relationship To Conflict - Many of the female leaders within this study found their relationship to conflict interesting and coaching enabled them to explore the topic. Some leaders were comfortable with conflict and others felt that it was an area of concern and one they needed more learning in. During coaching, many of the participants discovered that conflict was something they were avoiding. Coaching allowed them to explore negative beliefs around conflict, to challenge and ultimately change them. Relationship To Power - The case study found that some female leaders rejected the concept of power and had quite strongly negative feelings towards it. Coaching supported shifts in insight and perceptions for clients around power and how it could be used. Through the process of coaching some views and thinking moved towards seeing power as a positive and constructive force connected to strength and confidence and one which they had choice and influence over how it was used. Relationship To Personal Life - The coaching space offered leaders the chance to explore and reflect on their work/life balance and their responsibilities, particularly regarding family. Coaching supported some leaders in making links within work to parts of their life outside of work adding a seemingly helpful holistic aspect to the work. Coaching in this way helped clients find insights around how things in their lives connect. Of course not everyone's experience of coaching will be the same, however, this illuminating research shows how coaching can be valuable to female leaders in particular. If youre a leader or someone working within an organization and think this kind professional development may be helpful either personally or to those you work with then coaching may be an intervention worth considering.
|
A new case study explores how coaching supports the development of female leaders in particular, within a global organization. The research reveals how one to one coaching and group coaching was experienced by the clients. The majority of leaders reported experiencing an increase in their level of self-awareness. They also reported feeling better able to understand themselves.
|
bart
| 2 |
https://www.forbes.com/sites/carleysime/2019/03/28/how-does-coaching-actually-help-leaders/
| 0.371695 |
Could The Worst Be Over For China's Tencent?
|
2019 Bloomberg Finance LP Tencent is showing signs of recovering from Chinas online games suspension that dragged on for most of last year and crippled its core business. But soaring spending to bolster revenue growth will continue to weigh on its once lucrative margins. After Beijing ended the suspension in December, the company managed to get eight games approved so far. But with the process expected to be a lot more stringent as regulators scrutinize thousands of games for potentially undesirable content, Tencent is pivoting to business-oriented services for faster growth. Its newer ventures, such as cloud computing and online payments, are gaining momentum, but intense competition means that profitability from such services is still anything but certain. For its online games business, the worst is over, says Adam Xie, managing director of Hong Kong-based research firm Blue Lotus Research Institute. But spending will continue to soar because all its new ventures are money losing. More On Forbes: Tencent Bolsters Enterprise Business With Siri-Like Assistant And WeChat Add-Ons The latest driver for Tencents online games division is Perfect World. Licensed from Beijing-based games developer Perfect World Games and launched in March, the multiplayer role-playing game is currently the sixth most downloaded title in the China iOS store, according to tracking platform App Annie. A new gaming package added in January to the blockbuster Honor of Kings has also helped to spur spending from Tencents estimated 200 million monthly active players. Assuming Chinas regulators approve more smartphone games later this year, which can include the self-developed shooter game Ace Force, role-playing game JX III as well as action game Raziel, Tencents mobile games revenue will likely grow 17% to 91 billion yuan ($13.6 billion) in its fiscal year 2019, Jefferies analyst Karen Chan wrote in a recent research note. But there is no update as to when Tencents most popular smartphone game PlayerUnknowns Battlegrounds (PUBG) will be approved in China. The battle game is available to download, but Tencent needs government permission to start charging players for in-app purchases. 2019 Bloomberg Finance LP State media had previously criticized the title for being overly violent, because the game requires players to kill each other until theres just one survivor. Whats more, analysts also point to uncertainties in the future performance of Perfect World because role-playing games typically attract a lot of interest after their initial releases, but player enthusiasm tends to go into decline as more players progress through their levels and explore their storylines. Perfect World is beginning to drop already, says Cui Chenyu, a Shanghai-based analyst at market research firm IHS Markit. It will still be a revenue boost in the next one to two quarters, but there are uncertainties in its life cycle. To keep growth humming, Tencent is expanding aggressively outside online games. The company is lavishing resources on entertainment, cloud computing and digital payments, where it is locking horns with arch rival Alibaba to grab customers and fight for market share. More On Forbes: Tencent Music Is Better Than Spotify At Making Money, But Growth Uncertainties Still Loom Tencent reported a 72% increase in revenues from its other business lines in the final quarter of last year, with the 24.2 billion yuan ($3.6 billion) earned mainly from the companys cloud, fintech as well as film and TV production businesses. But soaring spending--including payment subsidies and discounted cloud services--has led Tencent to report a 32% drop in net income in the same period. The drop was also attributed to one-off items like capital raising costs associated with the U.S.-listing of its Tencent Music Entertainment. Spending is expected to come down later this year, analysts predict. Beijing has recently limited actors pay to no more than 40% of production costs as part of a clampdown on tax evasion and to discourage what authorities see as blind worship of celebrities. This should result in less spending at Tencents video and film division, says Blue Lotuss Xie. Meanwhile, the company is taking belt-tightening measures such as reducing marketing spending at its games unit, analysts say. It is reportedly cutting 10% of its manager ranks to make room for new talent, according to a report by Bloomberg News. Tencent will continue to be cautious when it comes to certain marketing spending, Xie says, referring to the companys games business and promotion fees related to its short-video platforms.
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Tencent is showing signs of recovering from China's online games suspension that dragged on for most of last year.
|
ctrlsum
| 0 |
https://www.forbes.com/sites/ywang/2019/03/28/could-the-worst-be-over-for-chinas-tencent/
| 0.132547 |
Could The Worst Be Over For China's Tencent?
|
2019 Bloomberg Finance LP Tencent is showing signs of recovering from Chinas online games suspension that dragged on for most of last year and crippled its core business. But soaring spending to bolster revenue growth will continue to weigh on its once lucrative margins. After Beijing ended the suspension in December, the company managed to get eight games approved so far. But with the process expected to be a lot more stringent as regulators scrutinize thousands of games for potentially undesirable content, Tencent is pivoting to business-oriented services for faster growth. Its newer ventures, such as cloud computing and online payments, are gaining momentum, but intense competition means that profitability from such services is still anything but certain. For its online games business, the worst is over, says Adam Xie, managing director of Hong Kong-based research firm Blue Lotus Research Institute. But spending will continue to soar because all its new ventures are money losing. More On Forbes: Tencent Bolsters Enterprise Business With Siri-Like Assistant And WeChat Add-Ons The latest driver for Tencents online games division is Perfect World. Licensed from Beijing-based games developer Perfect World Games and launched in March, the multiplayer role-playing game is currently the sixth most downloaded title in the China iOS store, according to tracking platform App Annie. A new gaming package added in January to the blockbuster Honor of Kings has also helped to spur spending from Tencents estimated 200 million monthly active players. Assuming Chinas regulators approve more smartphone games later this year, which can include the self-developed shooter game Ace Force, role-playing game JX III as well as action game Raziel, Tencents mobile games revenue will likely grow 17% to 91 billion yuan ($13.6 billion) in its fiscal year 2019, Jefferies analyst Karen Chan wrote in a recent research note. But there is no update as to when Tencents most popular smartphone game PlayerUnknowns Battlegrounds (PUBG) will be approved in China. The battle game is available to download, but Tencent needs government permission to start charging players for in-app purchases. 2019 Bloomberg Finance LP State media had previously criticized the title for being overly violent, because the game requires players to kill each other until theres just one survivor. Whats more, analysts also point to uncertainties in the future performance of Perfect World because role-playing games typically attract a lot of interest after their initial releases, but player enthusiasm tends to go into decline as more players progress through their levels and explore their storylines. Perfect World is beginning to drop already, says Cui Chenyu, a Shanghai-based analyst at market research firm IHS Markit. It will still be a revenue boost in the next one to two quarters, but there are uncertainties in its life cycle. To keep growth humming, Tencent is expanding aggressively outside online games. The company is lavishing resources on entertainment, cloud computing and digital payments, where it is locking horns with arch rival Alibaba to grab customers and fight for market share. More On Forbes: Tencent Music Is Better Than Spotify At Making Money, But Growth Uncertainties Still Loom Tencent reported a 72% increase in revenues from its other business lines in the final quarter of last year, with the 24.2 billion yuan ($3.6 billion) earned mainly from the companys cloud, fintech as well as film and TV production businesses. But soaring spending--including payment subsidies and discounted cloud services--has led Tencent to report a 32% drop in net income in the same period. The drop was also attributed to one-off items like capital raising costs associated with the U.S.-listing of its Tencent Music Entertainment. Spending is expected to come down later this year, analysts predict. Beijing has recently limited actors pay to no more than 40% of production costs as part of a clampdown on tax evasion and to discourage what authorities see as blind worship of celebrities. This should result in less spending at Tencents video and film division, says Blue Lotuss Xie. Meanwhile, the company is taking belt-tightening measures such as reducing marketing spending at its games unit, analysts say. It is reportedly cutting 10% of its manager ranks to make room for new talent, according to a report by Bloomberg News. Tencent will continue to be cautious when it comes to certain marketing spending, Xie says, referring to the companys games business and promotion fees related to its short-video platforms.
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Tencent is showing signs of recovering from Chinas online games suspension that dragged on for most of last year. But soaring spending to bolster revenue growth will continue to weigh on its once lucrative margins.
|
pegasus
| 1 |
https://www.forbes.com/sites/ywang/2019/03/28/could-the-worst-be-over-for-chinas-tencent/
| 0.134666 |
Could The Worst Be Over For China's Tencent?
|
2019 Bloomberg Finance LP Tencent is showing signs of recovering from Chinas online games suspension that dragged on for most of last year and crippled its core business. But soaring spending to bolster revenue growth will continue to weigh on its once lucrative margins. After Beijing ended the suspension in December, the company managed to get eight games approved so far. But with the process expected to be a lot more stringent as regulators scrutinize thousands of games for potentially undesirable content, Tencent is pivoting to business-oriented services for faster growth. Its newer ventures, such as cloud computing and online payments, are gaining momentum, but intense competition means that profitability from such services is still anything but certain. For its online games business, the worst is over, says Adam Xie, managing director of Hong Kong-based research firm Blue Lotus Research Institute. But spending will continue to soar because all its new ventures are money losing. More On Forbes: Tencent Bolsters Enterprise Business With Siri-Like Assistant And WeChat Add-Ons The latest driver for Tencents online games division is Perfect World. Licensed from Beijing-based games developer Perfect World Games and launched in March, the multiplayer role-playing game is currently the sixth most downloaded title in the China iOS store, according to tracking platform App Annie. A new gaming package added in January to the blockbuster Honor of Kings has also helped to spur spending from Tencents estimated 200 million monthly active players. Assuming Chinas regulators approve more smartphone games later this year, which can include the self-developed shooter game Ace Force, role-playing game JX III as well as action game Raziel, Tencents mobile games revenue will likely grow 17% to 91 billion yuan ($13.6 billion) in its fiscal year 2019, Jefferies analyst Karen Chan wrote in a recent research note. But there is no update as to when Tencents most popular smartphone game PlayerUnknowns Battlegrounds (PUBG) will be approved in China. The battle game is available to download, but Tencent needs government permission to start charging players for in-app purchases. 2019 Bloomberg Finance LP State media had previously criticized the title for being overly violent, because the game requires players to kill each other until theres just one survivor. Whats more, analysts also point to uncertainties in the future performance of Perfect World because role-playing games typically attract a lot of interest after their initial releases, but player enthusiasm tends to go into decline as more players progress through their levels and explore their storylines. Perfect World is beginning to drop already, says Cui Chenyu, a Shanghai-based analyst at market research firm IHS Markit. It will still be a revenue boost in the next one to two quarters, but there are uncertainties in its life cycle. To keep growth humming, Tencent is expanding aggressively outside online games. The company is lavishing resources on entertainment, cloud computing and digital payments, where it is locking horns with arch rival Alibaba to grab customers and fight for market share. More On Forbes: Tencent Music Is Better Than Spotify At Making Money, But Growth Uncertainties Still Loom Tencent reported a 72% increase in revenues from its other business lines in the final quarter of last year, with the 24.2 billion yuan ($3.6 billion) earned mainly from the companys cloud, fintech as well as film and TV production businesses. But soaring spending--including payment subsidies and discounted cloud services--has led Tencent to report a 32% drop in net income in the same period. The drop was also attributed to one-off items like capital raising costs associated with the U.S.-listing of its Tencent Music Entertainment. Spending is expected to come down later this year, analysts predict. Beijing has recently limited actors pay to no more than 40% of production costs as part of a clampdown on tax evasion and to discourage what authorities see as blind worship of celebrities. This should result in less spending at Tencents video and film division, says Blue Lotuss Xie. Meanwhile, the company is taking belt-tightening measures such as reducing marketing spending at its games unit, analysts say. It is reportedly cutting 10% of its manager ranks to make room for new talent, according to a report by Bloomberg News. Tencent will continue to be cautious when it comes to certain marketing spending, Xie says, referring to the companys games business and promotion fees related to its short-video platforms.
|
Tencent is showing signs of recovering from Chinas online games suspension that dragged on for most of last year and crippled its core business. But soaring spending to bolster revenue growth will continue to weigh on its once lucrative margins. The company is pivoting to business-oriented services for faster growth.
|
ctrlsum
| 2 |
https://www.forbes.com/sites/ywang/2019/03/28/could-the-worst-be-over-for-chinas-tencent/
| 0.132573 |
Should I use Microsoft Word on a Mac or a cheaper alternative?
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I chose Microsoft Word for Mac when I switched to a MacBook Pro some years ago. As a writer, I have a very large number of Word files, but with Microsoft moving to an annual subscription model, the cost of remaining with Word is looking prohibitive. Ed Microsoft would prefer both Mac and Windows users of Office to move to the online version, Office 365, but its still entirely up to you. In fact, you can already use some Microsoft Office programs online, including Word, without paying Microsoft a penny. All you have to do is create a Microsoft Account using any working email address it doesnt have to be a Microsoft email address and you can use online versions of Word, Excel and PowerPoint with free online storage in OneDrive. This is exactly the same as Googles online suite. The main difference is that Microsofts programs are better, except for multiuser simultaneous editing. Microsofts free suite also includes OneNote, Skype, Calendar, People, Tasks, Photos, Sway, Flow and Forms. I expect this list will continue to grow in the future. So, if you want to use Word, you have three choices: the online version (free), the desktop program (one-off payment), and Office 365 (annual subscription). Office 365 includes online, desktop, tablet and smartphone versions for both PCs and Macs, Android and Apples iOS. Facebook Twitter Pinterest Word is powerful and flexible, but you pay for that utility. Photograph: Microsoft There are many reasons for using Word. The best is that you like using it, because of its power, rich feature list, ease of use or whatever. Thats why Ive used it for a couple of decades. The second reason is that you need it to read old files, which is one of your problems. This depends on the complexity of your files. If your documents include multiple columns, embedded images, custom fonts, footnotes and similar features, you can more or less forget about using anything else. But if your documents are simple text files, then a lot of programs will load them. I tried to avoid this problem by saving all my files in Microsofts .rtf (rich text) file format, which almost any word processor can read. Being text based, its hopeless for storing images, but its perfect for texts with simple formatting. But I found I still needed Word to compare files, and to cope with the publishing industrys use of styles, comments and track changes. The third reason is that we live in a world where Microsoft Office is the de facto standard for business documents, and you absolutely have to be able to read them accurately. This applies in spades to files that use VBA (Visual Basic for Applications) and macros, and to Excel spreadsheets where errors can have career-ending financial consequences. This isnt going to change in a hurry because Microsoft Office is also a platform with hundreds of add-ons and plug-ins, its supported by thousands of books, video tutorials, websites and consultants, and its what most office workers already know how to use. And when time is money, the cost of sorting out incompatibilities and usability issues is far higher than the cost of Office. If youre paying staff, say, 20,000 to 60,000 a year, and cant afford 100 a year for Office 365 less for a boxed version then you have bigger problems. Decide where you are on the spectrum from I like it to cant live without it. If you are not a business, you can certainly live without it or use the free online version. But even if you switch to a free alternative, youll spend time learning a new interface and handling your old documents. Boxed Office The traditional advantages of buying boxed copies of Office were that you could use it on two PCs (a desktop and a laptop, but not at the same time) and that you could transfer it to a new PC. Boxed copies have more or less disappeared, but if you own one, you need to keep the code marked on the box to reinstall it. If you lose the DVDs, you can download the software. If you lose the activation code, you cant get a new one without giving Microsoft proof of purchase. Cheaper versions of Office are locked to the PC on which they were originally installed. That means youre unlikely to get the full 10 years we used to get by moving Office to new PCs, and perhaps explains Microsofts attempts to reduce its 10-year support lifecycle. In fact, Microsoft has only announced mainstream support for Office Home & Student 2019 for the five years up to 10 October 2023, with extended support marked Not Applicable. I suspect Microsoft will support it until 14 October 2025, which is the end of support date for Office 2016, and that Office 2022 (yes, there will be one) will only get five years. A further complication is that Microsoft only supports the last three versions of MacOS. Office Home & Student 2019 looks like a bargain at 119.99 or less, but thats a single-installation version. You can divide the price by the number of years you expect your 2012 MacBook Pro to last. It will be more than the usual 12 a year. Office 365 Facebook Twitter Pinterest Office 365 includes online access and cloud storage. Photograph: Microsoft Office 365, launched in 2013, is the cloud-based version of Office, but usually provides access to the full desktop programs as well. Extra features over the Home & Student edition include Outlook, the desktop email and organisation program, 60 minutes of Skype calls, apps for Android and Apple iOS smartphones and tablets, and 1TB of online storage instead of 15GB. Windows users also get Microsoft Publisher and the Access database. Its not a bad deal for 59.99 a year or 49.75 if you get the activation code by email if you use the storage. (Google charges 57 a year for 1TB, and 24.99 a year for 200GB of Gdrive.) However, the family version, Office 365 Home, is far better value. This costs 79.99 a year for up to six users, including friends. Everyone gets their own terabyte of storage, up to 6TB in all. For a family of four, its only 20 per year each. If you can share the cost, its terrific value, because each user can install the full Office on multiple PCs and Macs. Theres no need to buy three or more single-machine copies to install them on a desktop, laptop, 2-in-1 tablet and so on. Also, Microsoft claims that Office 365 is better than Office 2019. First, the 365 programs have more and better features, because they are continuously updated. The Office 2019 versions are fixed. Second, Office 365 has various collaborative and AI-based cloud features. Its not clear how useful most of these are to solitary users, apart from instant translation. Alternatives to Word Lots of programs claim they can read Microsoft Word .doc and .docx formats, and some can also write or export them. As mentioned, the success rate generally depends on the Word features you use. You will need to load and save as a few of your most complex documents to see how much of the formatting survives. If you only write plain texts, you should be fine. Just keep your original files, instead of overwriting them. You could start with Apples Pages, because its free, and you may have it already. Otherwise, your best bet is LibreOffice 6.2.2, which now has its own optional ribbon interface. LibreOffice is both open source and free, so it will only cost you the time needed to try it. The less-well-known German suite SoftMaker Office has a ribbon interface and uses Microsoft Office file formats by default, without conversion. It has a free version and a subscription version (49.90 a year), but you can buy the full SoftMaker Office Professional 2018 for Mac, Windows or Linux for 89.99, after a 30-day free trial. I dont regard Google Docs as an alternative because its online only, and youd mostly be better off using the free version of Word online. Of course, nothing stops you from using both. I was also going to suggest WPS Office, the suite owned by Chinas Kingsoft, but it only has Windows, Linux, Android and iOS versions, not MacOS. WPS used to claim 100% compatibility, and its actually pretty good. Unfortunately, the free version includes advertising, which I found unbearable, and the Premium version isnt worth $29.99 a year. Users who like it could consider a lifetime purchase for $79.99 (individuals) or $119.99 (businesses), but try SoftMaker first. Email it to Ask.Jack@theguardian.com This article contains affiliate links, which means we may earn a small commission if a reader clicks through and makes a purchase. All our journalism is independent and is in no way influenced by any advertiser or commercial initiative. By clicking on an affiliate link, you accept that third-party cookies will be set. More information.
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With Microsoft moving to an annual subscription model, the cost of remaining with Word is looking prohibitive. But you can already use some Microsoft Office programs online, including Word, without paying Microsoft a penny. Office 365 includes online, desktop, tablet and smartphone versions for both PCs and Macs, Android and Apples iOS.
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pegasus
| 2 |
https://www.theguardian.com/technology/askjack/2019/mar/28/microsoft-word-mac-alternative-office-365
| 0.138341 |
Should pass interference be reviewable?
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by Daniel Tran Per reports, the NFL is going to make a huge change by making pass interference calls and non-calls reviewable in an apparent attempt to prevent another Saints-Rams end-game debacle. While it might be too late for Saints fans, if the NFL makes one of the most game-shifting calls reviewable, it will be a huge win and make game results more legitimate. However, interference is extremely subjective and making calls and non-calls reviewable will only slow the game down. To quote LeBron James, "It's about damn time." Pass interference has been a field-flipping, game-shifting call upon which many teams have won and lost. It's too important to be a judgment call when players are going 100 miles per hour and referees have proven themselves to be imperfect at best and incompetent at worst. Look what happened to the Saints in the NFC Championship! The Saints would have gone to the Super Bowl if it wasn't for the egregious blown pass interference call. Reviewing pass interference calls and non-calls will only strengthen the NFL. Tell Shannon Sharpe he's in trouble tomorrow. NFL owners came to their senses and approved reviewing pass interference calls AND NONCALLS, as they should have. NO MORE NEW ORLEANS NIGHTMARE. I love it. Shannon won't. One fan base cries, and now the league is going to make wholesale changes that are going to slow the game down. What an absolute disaster. The Saints can't go back and re-play the NFC Championship. A new ability to review pass interference calls and non-calls doesn't change anything for them. The only thing that will happen is that games will become unwatchable because every team is going to challenge an interference, and it's going to take FOREVER. The NFL should keep interference unreviewable. Reviewing PI is awful. This is a horrible overreaction. Just terrible. Pass interference is subjective. Games are now going to take forever. Refs need to get it right. This is a bad day. Adam Schein (@AdamSchein) March 27, 2019 The Tylt is focused on debates and conversations around news, current events and pop culture. We provide our community with the opportunity to share their opinions and vote on topics that matter most to them. We actively engage the community and present meaningful data on the debates and conversations as they progress. The Tylt is a place where your opinion counts, literally. The Tylt is an Advance Local Media, LLC property. Join us on Twitter @TheTylt, on Instagram @TheTylt or on Facebook, wed love to hear what you have to say.
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The NFL is reportedly going to make pass interference calls and non-calls reviewable.
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bart
| 0 |
https://www.nola.com/tylt/2019/03/should-pass-interference-be-reviewable.html
| 0.238378 |
Should pass interference be reviewable?
|
by Daniel Tran Per reports, the NFL is going to make a huge change by making pass interference calls and non-calls reviewable in an apparent attempt to prevent another Saints-Rams end-game debacle. While it might be too late for Saints fans, if the NFL makes one of the most game-shifting calls reviewable, it will be a huge win and make game results more legitimate. However, interference is extremely subjective and making calls and non-calls reviewable will only slow the game down. To quote LeBron James, "It's about damn time." Pass interference has been a field-flipping, game-shifting call upon which many teams have won and lost. It's too important to be a judgment call when players are going 100 miles per hour and referees have proven themselves to be imperfect at best and incompetent at worst. Look what happened to the Saints in the NFC Championship! The Saints would have gone to the Super Bowl if it wasn't for the egregious blown pass interference call. Reviewing pass interference calls and non-calls will only strengthen the NFL. Tell Shannon Sharpe he's in trouble tomorrow. NFL owners came to their senses and approved reviewing pass interference calls AND NONCALLS, as they should have. NO MORE NEW ORLEANS NIGHTMARE. I love it. Shannon won't. One fan base cries, and now the league is going to make wholesale changes that are going to slow the game down. What an absolute disaster. The Saints can't go back and re-play the NFC Championship. A new ability to review pass interference calls and non-calls doesn't change anything for them. The only thing that will happen is that games will become unwatchable because every team is going to challenge an interference, and it's going to take FOREVER. The NFL should keep interference unreviewable. Reviewing PI is awful. This is a horrible overreaction. Just terrible. Pass interference is subjective. Games are now going to take forever. Refs need to get it right. This is a bad day. Adam Schein (@AdamSchein) March 27, 2019 The Tylt is focused on debates and conversations around news, current events and pop culture. We provide our community with the opportunity to share their opinions and vote on topics that matter most to them. We actively engage the community and present meaningful data on the debates and conversations as they progress. The Tylt is a place where your opinion counts, literally. The Tylt is an Advance Local Media, LLC property. Join us on Twitter @TheTylt, on Instagram @TheTylt or on Facebook, wed love to hear what you have to say.
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The NFL is reportedly going to make pass interference calls and non-calls reviewable. The move is an attempt to prevent another Saints-Rams end-game debacle.
|
bart
| 1 |
https://www.nola.com/tylt/2019/03/should-pass-interference-be-reviewable.html
| 0.234249 |
Should pass interference be reviewable?
|
by Daniel Tran Per reports, the NFL is going to make a huge change by making pass interference calls and non-calls reviewable in an apparent attempt to prevent another Saints-Rams end-game debacle. While it might be too late for Saints fans, if the NFL makes one of the most game-shifting calls reviewable, it will be a huge win and make game results more legitimate. However, interference is extremely subjective and making calls and non-calls reviewable will only slow the game down. To quote LeBron James, "It's about damn time." Pass interference has been a field-flipping, game-shifting call upon which many teams have won and lost. It's too important to be a judgment call when players are going 100 miles per hour and referees have proven themselves to be imperfect at best and incompetent at worst. Look what happened to the Saints in the NFC Championship! The Saints would have gone to the Super Bowl if it wasn't for the egregious blown pass interference call. Reviewing pass interference calls and non-calls will only strengthen the NFL. Tell Shannon Sharpe he's in trouble tomorrow. NFL owners came to their senses and approved reviewing pass interference calls AND NONCALLS, as they should have. NO MORE NEW ORLEANS NIGHTMARE. I love it. Shannon won't. One fan base cries, and now the league is going to make wholesale changes that are going to slow the game down. What an absolute disaster. The Saints can't go back and re-play the NFC Championship. A new ability to review pass interference calls and non-calls doesn't change anything for them. The only thing that will happen is that games will become unwatchable because every team is going to challenge an interference, and it's going to take FOREVER. The NFL should keep interference unreviewable. Reviewing PI is awful. This is a horrible overreaction. Just terrible. Pass interference is subjective. Games are now going to take forever. Refs need to get it right. This is a bad day. Adam Schein (@AdamSchein) March 27, 2019 The Tylt is focused on debates and conversations around news, current events and pop culture. We provide our community with the opportunity to share their opinions and vote on topics that matter most to them. We actively engage the community and present meaningful data on the debates and conversations as they progress. The Tylt is a place where your opinion counts, literally. The Tylt is an Advance Local Media, LLC property. Join us on Twitter @TheTylt, on Instagram @TheTylt or on Facebook, wed love to hear what you have to say.
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The NFL is reportedly going to make pass interference calls and non-calls reviewable. The move is an attempt to prevent another Saints-Rams end-game debacle. However, interference is extremely subjective and making calls reviewable will only slow the game down. The NFL should keep interference unreviewable.
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bart
| 2 |
https://www.nola.com/tylt/2019/03/should-pass-interference-be-reviewable.html
| 0.289472 |
Can Oregon disrupt Virginias Kyle Guy, Ty Jerome, DeAndre Hunter?
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LOUISVILLE To extend its run into the NCAA Tournament Oregon will need to disrupt Virginias three-pronged attack of sharpshooter Kyle Guy, distributor Ty Jerome and DeAndre Hunter in the post. The No. 12 seed Ducks (25-12) have been remarkably effective at taking away the oppositions best player during their 10-game win streak and will need to do so again, at minimum, to defeat the top-seeded Cavaliers tonight (7 p.m. PT, TBS) in the Sweet 16. They do have a number of guys that can score, Oregon coach Dana Altman said. "Their big guys do finish inside at a good rate. Jerome really makes plays. Hunter can go get his own. Guy can really stretch the floor with his shooting. Its a very difficult assignment for our team to have to make sure we stop three guys but all three of them are capable of having a big game and really taking over a game. It will stress our defense, theres no doubt about. Their offensive efficiency, guys that can make their own plays and then they just run their stuff. They dont run a lot of stuff but what they do run, its very well run. Scouting the Virginia Cavaliers: 5 questions, prediction from a Virginia basketball writer Insight on the Cavaliers from Daily Progress Virginia basketball reporter Ron Counts In its three losses, albeit with two of those defeats coming against Duke, Virginia (31-3) struggled rebounding. It had 30 or less rebounds in all three losses, all of which ranked in the lowest eight rebounding games of UVas season. For Oregon to have its best chance at winning, Kenny Wooten, Francis Okoro and Paul White have to keep Hunter (5.0 rpg.) and Mamadi Diakite (4.0 rpg.) off the glass as best as possible. When we got back home (from San Jose) the first thing coach talked to me about was rebounding, Okoro said. He was like we really need rebounding this game and rebounding is going to be the key. Who wants it the most is going to get more rebounding. For me, Im taking it personal. ... Its going to be a battle down there. Rebounding is the key in this game. Rebounding is the most important thing in this game. Virginia is able to be successful on the boards and at opening up the interior thanks to the outside shooting of Guy, one of the best three-point shooters in the country, and playmaking ability of Jerome, who led the ACC in assists. The Cavaliers play at the slowest pace in the country and are lethally efficient, but the Ducks believe they can force UVa to speed up. I think with players like (Jerome) one thing we try to do is we try to keep the ball out of their hands as much as possible, make other people on their team handle it, White said. They do a good job of playing at their own pace. I think its going to be interesting to see if we can put some fire under them and speed them up a little. One area where Oregon feels it can capitalize against Virginia where others have struggled is in taking charges and creating foul trouble. The Cavaliers do not turn the ball over and seldom have players foul out, due in large part to their slow pace, but the Ducks felt Oklahoma missed on some opportunities to draw charges on the inside against UVa. The Sooners were very effective against Guy, who went 0 for 10 behind the arc, yet Virginia still won by 12, underscoring exactly how balanced an attack the Cavaliers have. You cant let him get going, guard Will Richardson said, because when he gets going then their team goes from like a very good team to one of the best teams in the country.
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Oregon will need to disrupt Virginia's three-pronged attack of Kyle Guy, Ty Jerome and DeAndre Hunter.
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ctrlsum
| 0 |
https://www.oregonlive.com/ducks/2019/03/can-oregon-disrupt-virginias-kyle-guy-ty-jerome-deandre-hunter.html
| 0.256729 |
Can Oregon disrupt Virginias Kyle Guy, Ty Jerome, DeAndre Hunter?
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LOUISVILLE To extend its run into the NCAA Tournament Oregon will need to disrupt Virginias three-pronged attack of sharpshooter Kyle Guy, distributor Ty Jerome and DeAndre Hunter in the post. The No. 12 seed Ducks (25-12) have been remarkably effective at taking away the oppositions best player during their 10-game win streak and will need to do so again, at minimum, to defeat the top-seeded Cavaliers tonight (7 p.m. PT, TBS) in the Sweet 16. They do have a number of guys that can score, Oregon coach Dana Altman said. "Their big guys do finish inside at a good rate. Jerome really makes plays. Hunter can go get his own. Guy can really stretch the floor with his shooting. Its a very difficult assignment for our team to have to make sure we stop three guys but all three of them are capable of having a big game and really taking over a game. It will stress our defense, theres no doubt about. Their offensive efficiency, guys that can make their own plays and then they just run their stuff. They dont run a lot of stuff but what they do run, its very well run. Scouting the Virginia Cavaliers: 5 questions, prediction from a Virginia basketball writer Insight on the Cavaliers from Daily Progress Virginia basketball reporter Ron Counts In its three losses, albeit with two of those defeats coming against Duke, Virginia (31-3) struggled rebounding. It had 30 or less rebounds in all three losses, all of which ranked in the lowest eight rebounding games of UVas season. For Oregon to have its best chance at winning, Kenny Wooten, Francis Okoro and Paul White have to keep Hunter (5.0 rpg.) and Mamadi Diakite (4.0 rpg.) off the glass as best as possible. When we got back home (from San Jose) the first thing coach talked to me about was rebounding, Okoro said. He was like we really need rebounding this game and rebounding is going to be the key. Who wants it the most is going to get more rebounding. For me, Im taking it personal. ... Its going to be a battle down there. Rebounding is the key in this game. Rebounding is the most important thing in this game. Virginia is able to be successful on the boards and at opening up the interior thanks to the outside shooting of Guy, one of the best three-point shooters in the country, and playmaking ability of Jerome, who led the ACC in assists. The Cavaliers play at the slowest pace in the country and are lethally efficient, but the Ducks believe they can force UVa to speed up. I think with players like (Jerome) one thing we try to do is we try to keep the ball out of their hands as much as possible, make other people on their team handle it, White said. They do a good job of playing at their own pace. I think its going to be interesting to see if we can put some fire under them and speed them up a little. One area where Oregon feels it can capitalize against Virginia where others have struggled is in taking charges and creating foul trouble. The Cavaliers do not turn the ball over and seldom have players foul out, due in large part to their slow pace, but the Ducks felt Oklahoma missed on some opportunities to draw charges on the inside against UVa. The Sooners were very effective against Guy, who went 0 for 10 behind the arc, yet Virginia still won by 12, underscoring exactly how balanced an attack the Cavaliers have. You cant let him get going, guard Will Richardson said, because when he gets going then their team goes from like a very good team to one of the best teams in the country.
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Oregon will need to disrupt Virginias three-pronged attack of sharpshooter Kyle Guy, distributor Ty Jerome and DeAndre Hunter in the post.
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bart
| 1 |
https://www.oregonlive.com/ducks/2019/03/can-oregon-disrupt-virginias-kyle-guy-ty-jerome-deandre-hunter.html
| 0.236613 |
Can Oregon disrupt Virginias Kyle Guy, Ty Jerome, DeAndre Hunter?
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LOUISVILLE To extend its run into the NCAA Tournament Oregon will need to disrupt Virginias three-pronged attack of sharpshooter Kyle Guy, distributor Ty Jerome and DeAndre Hunter in the post. The No. 12 seed Ducks (25-12) have been remarkably effective at taking away the oppositions best player during their 10-game win streak and will need to do so again, at minimum, to defeat the top-seeded Cavaliers tonight (7 p.m. PT, TBS) in the Sweet 16. They do have a number of guys that can score, Oregon coach Dana Altman said. "Their big guys do finish inside at a good rate. Jerome really makes plays. Hunter can go get his own. Guy can really stretch the floor with his shooting. Its a very difficult assignment for our team to have to make sure we stop three guys but all three of them are capable of having a big game and really taking over a game. It will stress our defense, theres no doubt about. Their offensive efficiency, guys that can make their own plays and then they just run their stuff. They dont run a lot of stuff but what they do run, its very well run. Scouting the Virginia Cavaliers: 5 questions, prediction from a Virginia basketball writer Insight on the Cavaliers from Daily Progress Virginia basketball reporter Ron Counts In its three losses, albeit with two of those defeats coming against Duke, Virginia (31-3) struggled rebounding. It had 30 or less rebounds in all three losses, all of which ranked in the lowest eight rebounding games of UVas season. For Oregon to have its best chance at winning, Kenny Wooten, Francis Okoro and Paul White have to keep Hunter (5.0 rpg.) and Mamadi Diakite (4.0 rpg.) off the glass as best as possible. When we got back home (from San Jose) the first thing coach talked to me about was rebounding, Okoro said. He was like we really need rebounding this game and rebounding is going to be the key. Who wants it the most is going to get more rebounding. For me, Im taking it personal. ... Its going to be a battle down there. Rebounding is the key in this game. Rebounding is the most important thing in this game. Virginia is able to be successful on the boards and at opening up the interior thanks to the outside shooting of Guy, one of the best three-point shooters in the country, and playmaking ability of Jerome, who led the ACC in assists. The Cavaliers play at the slowest pace in the country and are lethally efficient, but the Ducks believe they can force UVa to speed up. I think with players like (Jerome) one thing we try to do is we try to keep the ball out of their hands as much as possible, make other people on their team handle it, White said. They do a good job of playing at their own pace. I think its going to be interesting to see if we can put some fire under them and speed them up a little. One area where Oregon feels it can capitalize against Virginia where others have struggled is in taking charges and creating foul trouble. The Cavaliers do not turn the ball over and seldom have players foul out, due in large part to their slow pace, but the Ducks felt Oklahoma missed on some opportunities to draw charges on the inside against UVa. The Sooners were very effective against Guy, who went 0 for 10 behind the arc, yet Virginia still won by 12, underscoring exactly how balanced an attack the Cavaliers have. You cant let him get going, guard Will Richardson said, because when he gets going then their team goes from like a very good team to one of the best teams in the country.
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Oregon will need to disrupt Virginias three-pronged attack of Kyle Guy, Ty Jerome and DeAndre Hunter. Virginia is able to be successful on the boards and at opening up the interior thanks to the outside shooting of Guy and playmaking ability of Jerome.
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ctrlsum
| 2 |
https://www.oregonlive.com/ducks/2019/03/can-oregon-disrupt-virginias-kyle-guy-ty-jerome-deandre-hunter.html
| 0.418244 |
Why did the Cincinnati Bengals owner vote against replay expansion?
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NFL owners overwhelmingly voted in favor of an expansion to the instant replay system on Tuesday (March 26) at the annual league meetings in Scottsdale, Arizona. Of the 32 teams, there was one dissenting vote -- Cincinnati Bengals owner Mike Brown. ESPN.coms Katherine Terrell reported early Thursday (March 28) that Browns stance was similar to ones taken previously by his father, the late Paul Brown, who had been against major instant replay changes since its adaptation in the 1970s. The reason that we are against it is that it interrupts the game. It changes the character of the game, in my mind, Mike Brown said Wednesday. I think its in some ways sort of odd to see people all sitting there waiting for somebody in New York to tell them it is or it isnt. Id rather just play the game. Replay expansion was seen as a victory of sorts for New Orleans Saints owner Gayle Benson and coach Sean Payton, who vowed to seek changes to the system after an officiating gaffe in the NFC Championship Game two months ago likely cost their team a Super Bowl berth. This time, Sean Payton gets the call for Saints, New Orleans and NFL fans How coach's passion, persuasion expanded the NFL's instant replay system With expanded replay, which was ratified on a one-year trial basis, coaches will be allowed to challenge pass interference at any point in the game except the final two minutes. During the final two minutes, a replay official assumes the responsibility of challenging those calls or non-calls. Its a positive change, said Payton, who presented the proposal to owners for a vote. We think it was a good change." Read the full ESPN report here.
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Cincinnati Bengals owner Mike Brown voted against instant replay system expansion. Brown's stance was similar to those taken previously by his father, the late Paul Brown, who had been against major instant replay changes since its adaptation in the 1970s. New Orleans Saints owner Gayle Benson and coach Sean Payton voted in favor of expansion.
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ctrlsum
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https://www.nola.com/saints/2019/03/why-did-the-cincinnati-bengals-owner-vote-against-replay-expansion.html
| 0.139468 |
Did Airbus Rivalry Drive Dangerous Tradeoffs For Boeing's 737 MAX?
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Getty Competition is not always a good thing for customers. Let's say you're in a huge industry with only two suppliers and your rival is about to win one of your big customers with a new product. These questions come to mind in considering what Boeing reportedly did to keep rival, Airbus, from winning a big order from a key customer. (I have no financial interest in the securities mentioned in this post). Boeing's problem was that Airbus was poised to make a big sale to American Airlines. Boeing needed a fuel efficient aircraft to retain its market share -- so it launched the 737 MAX. Two of the aircraft have crashed since last October -- one flown by Lion Air and the other by Ethiopian Air -- claiming a total of 346 lives. Boeing rushed the 737 MAX to market -- it did not "even wait for its board of directors to approve the design before offering it to American Airlines, which was on the cusp of buying [A320neo craft] from Airbus. Boeings board didnt formally sign off on the MAX until a month later," according to the Wall Street Journal. Boeing said the process was fine, telling the Journal: Design, development and certification was consistent with our approach to previous new and derivative airplane designs. The 737 MAX -- which went into service in 2017 -- is a version of Boeing's workhorse 737-800 that uses the same body design but adds a larger, more fuel-efficient engine that's closer to the front of the plane. The Journal reported that Boeing engineers found that under certain conditions this engine boosted the chances that the aircraft would tilt upward too steeply -- causing the plane to stall. To offset that risk, Boeing engineers installed a Maneuvering Characteristics Augmentation System (MCAS) in the 737 MAX "to compensate for the extra pitch up produced by its larger engines at elevated angle-of-attack (AOA)," noted the Journal. If the AOA sensor detected too steep a pitch, the MCAS would elevate the horizontal stabilizer -- the little wings on the airplane's tail -- to push down the nose of the plane. The 737 MAX has two AOAs in its nose that measure air pressure to calculate its pitch. According to Newsy, in the original MCAS design, a signal from just one of the AOA sensors could trigger the MCAS to push down the nose repeatedly. If that AOA was faulty, the MCAS would push the nose down even though the 737 MAX was not actually stalling -- thus sending it into a nosedive. While there is no final conclusion about the cause, a preliminary probe found that this is why Lion Air 610 crashed last October killing all 189 people onboard. According to the Journal In the Lion Air crash, the stall-prevention system, based on erroneous sensor information, repeatedly pushed the planes nose down. According to a preliminary accident probe, the pilot battled the flight controls while facing a cacophony of alarms before losing control and plunging into the Java Sea. The 737 MAX is a big business for Boeing. Through February 2019, Boeing had 5,012 orders for the plane and had delivered 376 -- including 31 to Southwest and 26 to American Airlines, according to the Journal. The Journal argued that Boeing designed and built the 787 MAX in a way that would reduce regulatory scrutiny and require as little new training for pilots as possible to accommodate Boeing's biggest customer, Southwest Airlines. Most shocking of all, airlines that paid extra got better protection from a faulty MCAS than those who did not. Pilots flying the 737 MAX for Lion Air and most other airlines received no training on the MCAS system "and saw almost no mention of it in manuals, according to the pilots and industry officials. Most would get no visible cockpit warnings when a sensor used to trigger the system malfunctioned," according to the Journal. But American Airlines had paid extra for a cockpit warning light "that would have alerted them to the problem," according to the Journal. Dan Carey, the American Airlines pilots union president, said that a Boeing executive tried to reassure pilots after the Lion Air crash. According to the Journal, last Nov. 27, Boeing executive Mike Sinnett told a union meeting This wouldnt have happened to you guys, Mr. Carey recalled Mr. Sinnett saying during the meeting. The cockpit indicators would have directed pilots to have the potential problem checked out on the ground. A Boeing spokesman said Mr. Sinnett didnt recall making that statement, and was unavailable for an interview. Rick Ludtke, a former Boeing engineer who worked on 737 MAX cockpit features but not the MCAS system, told the Journal that midlevel managers told their staff members that Boeing had committed to paying Southwest Airlines -- which has ordered 280 MAX aircraft -- $1 million per plane if the 737 MAX ended up requiring pilots to spend more time training on simulators. Ludtke said, We had never, ever seen commitments like that before." Southwest and Boeing declined to comment to the Journal on this. The Journal uses an anonymous source to suggest the answer could be yes, noting, Bryan Lesko, an airline pilot who wrote an article last year for his unions magazine about the 737 MAX before it entered service, repeatedly asked Boeing officials if there were any major new systems. The answer was no, according to a person who recently discussed the matter with him. The union declined to make Mr. Lesko available for comment. Boeing is working on a fix to the MCAS system which would require that both AOA sensors deliver similar readings -- they must be within 5.5 degrees -- before triggering the MCAS to tip down the nose. Boeing's fix will limit how sharply the MCAS can tip the nose down -- to no more than flight crew can counteract by pulling back on the control column in the cockpit. What's more, the fix would only allow the MCAS to tip down the nose once, rather than repeatedly -- as the current version does -- thus making it easier for pilots to recover, according to Newsy. Boeing has not said when it will install the fix. According to the New York Times, the FAA "must first approve the new software and the training. Then, Boeing said, each existing 737 Max will need to be manually upgraded, a procedure that takes an hour for each plane. Finally, Max pilots will need to receive an additional 30-minute training program about the software." The aftermath of 737 MAX crashes could cost at least $1 billion. JP Morgan analyst Seth Seifman told the Washington Post, Boeing will probably owe something to the airlines. If the grounding lasts two to three months, its possible Boeing could face roughly $1 billion to settle legal claims by the airlines." Boeing CEO Dennis Muilenburg said he has been "humbled," according to a March 26 statement, and that "Boeing stands together with all our customers and partners to earn and strengthen the flying publics trust and confidence in us every day." In a March 28 interview, Richard Aboulafia, Teal Group Vice President, thinks Boeing has a long way to go to restore its reputation. As he said,
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Boeing rushed the 737 MAX to market to keep rival, Airbus, from winning a big order.
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ctrlsum
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https://www.forbes.com/sites/petercohan/2019/03/28/did-airbus-rivalry-drive-dangerous-tradeoffs-for-boeings-737-max/
| 0.286365 |
Did Airbus Rivalry Drive Dangerous Tradeoffs For Boeing's 737 MAX?
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Getty Competition is not always a good thing for customers. Let's say you're in a huge industry with only two suppliers and your rival is about to win one of your big customers with a new product. These questions come to mind in considering what Boeing reportedly did to keep rival, Airbus, from winning a big order from a key customer. (I have no financial interest in the securities mentioned in this post). Boeing's problem was that Airbus was poised to make a big sale to American Airlines. Boeing needed a fuel efficient aircraft to retain its market share -- so it launched the 737 MAX. Two of the aircraft have crashed since last October -- one flown by Lion Air and the other by Ethiopian Air -- claiming a total of 346 lives. Boeing rushed the 737 MAX to market -- it did not "even wait for its board of directors to approve the design before offering it to American Airlines, which was on the cusp of buying [A320neo craft] from Airbus. Boeings board didnt formally sign off on the MAX until a month later," according to the Wall Street Journal. Boeing said the process was fine, telling the Journal: Design, development and certification was consistent with our approach to previous new and derivative airplane designs. The 737 MAX -- which went into service in 2017 -- is a version of Boeing's workhorse 737-800 that uses the same body design but adds a larger, more fuel-efficient engine that's closer to the front of the plane. The Journal reported that Boeing engineers found that under certain conditions this engine boosted the chances that the aircraft would tilt upward too steeply -- causing the plane to stall. To offset that risk, Boeing engineers installed a Maneuvering Characteristics Augmentation System (MCAS) in the 737 MAX "to compensate for the extra pitch up produced by its larger engines at elevated angle-of-attack (AOA)," noted the Journal. If the AOA sensor detected too steep a pitch, the MCAS would elevate the horizontal stabilizer -- the little wings on the airplane's tail -- to push down the nose of the plane. The 737 MAX has two AOAs in its nose that measure air pressure to calculate its pitch. According to Newsy, in the original MCAS design, a signal from just one of the AOA sensors could trigger the MCAS to push down the nose repeatedly. If that AOA was faulty, the MCAS would push the nose down even though the 737 MAX was not actually stalling -- thus sending it into a nosedive. While there is no final conclusion about the cause, a preliminary probe found that this is why Lion Air 610 crashed last October killing all 189 people onboard. According to the Journal In the Lion Air crash, the stall-prevention system, based on erroneous sensor information, repeatedly pushed the planes nose down. According to a preliminary accident probe, the pilot battled the flight controls while facing a cacophony of alarms before losing control and plunging into the Java Sea. The 737 MAX is a big business for Boeing. Through February 2019, Boeing had 5,012 orders for the plane and had delivered 376 -- including 31 to Southwest and 26 to American Airlines, according to the Journal. The Journal argued that Boeing designed and built the 787 MAX in a way that would reduce regulatory scrutiny and require as little new training for pilots as possible to accommodate Boeing's biggest customer, Southwest Airlines. Most shocking of all, airlines that paid extra got better protection from a faulty MCAS than those who did not. Pilots flying the 737 MAX for Lion Air and most other airlines received no training on the MCAS system "and saw almost no mention of it in manuals, according to the pilots and industry officials. Most would get no visible cockpit warnings when a sensor used to trigger the system malfunctioned," according to the Journal. But American Airlines had paid extra for a cockpit warning light "that would have alerted them to the problem," according to the Journal. Dan Carey, the American Airlines pilots union president, said that a Boeing executive tried to reassure pilots after the Lion Air crash. According to the Journal, last Nov. 27, Boeing executive Mike Sinnett told a union meeting This wouldnt have happened to you guys, Mr. Carey recalled Mr. Sinnett saying during the meeting. The cockpit indicators would have directed pilots to have the potential problem checked out on the ground. A Boeing spokesman said Mr. Sinnett didnt recall making that statement, and was unavailable for an interview. Rick Ludtke, a former Boeing engineer who worked on 737 MAX cockpit features but not the MCAS system, told the Journal that midlevel managers told their staff members that Boeing had committed to paying Southwest Airlines -- which has ordered 280 MAX aircraft -- $1 million per plane if the 737 MAX ended up requiring pilots to spend more time training on simulators. Ludtke said, We had never, ever seen commitments like that before." Southwest and Boeing declined to comment to the Journal on this. The Journal uses an anonymous source to suggest the answer could be yes, noting, Bryan Lesko, an airline pilot who wrote an article last year for his unions magazine about the 737 MAX before it entered service, repeatedly asked Boeing officials if there were any major new systems. The answer was no, according to a person who recently discussed the matter with him. The union declined to make Mr. Lesko available for comment. Boeing is working on a fix to the MCAS system which would require that both AOA sensors deliver similar readings -- they must be within 5.5 degrees -- before triggering the MCAS to tip down the nose. Boeing's fix will limit how sharply the MCAS can tip the nose down -- to no more than flight crew can counteract by pulling back on the control column in the cockpit. What's more, the fix would only allow the MCAS to tip down the nose once, rather than repeatedly -- as the current version does -- thus making it easier for pilots to recover, according to Newsy. Boeing has not said when it will install the fix. According to the New York Times, the FAA "must first approve the new software and the training. Then, Boeing said, each existing 737 Max will need to be manually upgraded, a procedure that takes an hour for each plane. Finally, Max pilots will need to receive an additional 30-minute training program about the software." The aftermath of 737 MAX crashes could cost at least $1 billion. JP Morgan analyst Seth Seifman told the Washington Post, Boeing will probably owe something to the airlines. If the grounding lasts two to three months, its possible Boeing could face roughly $1 billion to settle legal claims by the airlines." Boeing CEO Dennis Muilenburg said he has been "humbled," according to a March 26 statement, and that "Boeing stands together with all our customers and partners to earn and strengthen the flying publics trust and confidence in us every day." In a March 28 interview, Richard Aboulafia, Teal Group Vice President, thinks Boeing has a long way to go to restore its reputation. As he said,
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Boeing rushed the 737 MAX to market to keep rival, Airbus, from winning a big order. Two of the aircraft have crashed since last October -- one flown by Lion Air and the other by Ethiopian Air.
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https://www.forbes.com/sites/petercohan/2019/03/28/did-airbus-rivalry-drive-dangerous-tradeoffs-for-boeings-737-max/
| 0.289849 |
Did Airbus Rivalry Drive Dangerous Tradeoffs For Boeing's 737 MAX?
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Getty Competition is not always a good thing for customers. Let's say you're in a huge industry with only two suppliers and your rival is about to win one of your big customers with a new product. These questions come to mind in considering what Boeing reportedly did to keep rival, Airbus, from winning a big order from a key customer. (I have no financial interest in the securities mentioned in this post). Boeing's problem was that Airbus was poised to make a big sale to American Airlines. Boeing needed a fuel efficient aircraft to retain its market share -- so it launched the 737 MAX. Two of the aircraft have crashed since last October -- one flown by Lion Air and the other by Ethiopian Air -- claiming a total of 346 lives. Boeing rushed the 737 MAX to market -- it did not "even wait for its board of directors to approve the design before offering it to American Airlines, which was on the cusp of buying [A320neo craft] from Airbus. Boeings board didnt formally sign off on the MAX until a month later," according to the Wall Street Journal. Boeing said the process was fine, telling the Journal: Design, development and certification was consistent with our approach to previous new and derivative airplane designs. The 737 MAX -- which went into service in 2017 -- is a version of Boeing's workhorse 737-800 that uses the same body design but adds a larger, more fuel-efficient engine that's closer to the front of the plane. The Journal reported that Boeing engineers found that under certain conditions this engine boosted the chances that the aircraft would tilt upward too steeply -- causing the plane to stall. To offset that risk, Boeing engineers installed a Maneuvering Characteristics Augmentation System (MCAS) in the 737 MAX "to compensate for the extra pitch up produced by its larger engines at elevated angle-of-attack (AOA)," noted the Journal. If the AOA sensor detected too steep a pitch, the MCAS would elevate the horizontal stabilizer -- the little wings on the airplane's tail -- to push down the nose of the plane. The 737 MAX has two AOAs in its nose that measure air pressure to calculate its pitch. According to Newsy, in the original MCAS design, a signal from just one of the AOA sensors could trigger the MCAS to push down the nose repeatedly. If that AOA was faulty, the MCAS would push the nose down even though the 737 MAX was not actually stalling -- thus sending it into a nosedive. While there is no final conclusion about the cause, a preliminary probe found that this is why Lion Air 610 crashed last October killing all 189 people onboard. According to the Journal In the Lion Air crash, the stall-prevention system, based on erroneous sensor information, repeatedly pushed the planes nose down. According to a preliminary accident probe, the pilot battled the flight controls while facing a cacophony of alarms before losing control and plunging into the Java Sea. The 737 MAX is a big business for Boeing. Through February 2019, Boeing had 5,012 orders for the plane and had delivered 376 -- including 31 to Southwest and 26 to American Airlines, according to the Journal. The Journal argued that Boeing designed and built the 787 MAX in a way that would reduce regulatory scrutiny and require as little new training for pilots as possible to accommodate Boeing's biggest customer, Southwest Airlines. Most shocking of all, airlines that paid extra got better protection from a faulty MCAS than those who did not. Pilots flying the 737 MAX for Lion Air and most other airlines received no training on the MCAS system "and saw almost no mention of it in manuals, according to the pilots and industry officials. Most would get no visible cockpit warnings when a sensor used to trigger the system malfunctioned," according to the Journal. But American Airlines had paid extra for a cockpit warning light "that would have alerted them to the problem," according to the Journal. Dan Carey, the American Airlines pilots union president, said that a Boeing executive tried to reassure pilots after the Lion Air crash. According to the Journal, last Nov. 27, Boeing executive Mike Sinnett told a union meeting This wouldnt have happened to you guys, Mr. Carey recalled Mr. Sinnett saying during the meeting. The cockpit indicators would have directed pilots to have the potential problem checked out on the ground. A Boeing spokesman said Mr. Sinnett didnt recall making that statement, and was unavailable for an interview. Rick Ludtke, a former Boeing engineer who worked on 737 MAX cockpit features but not the MCAS system, told the Journal that midlevel managers told their staff members that Boeing had committed to paying Southwest Airlines -- which has ordered 280 MAX aircraft -- $1 million per plane if the 737 MAX ended up requiring pilots to spend more time training on simulators. Ludtke said, We had never, ever seen commitments like that before." Southwest and Boeing declined to comment to the Journal on this. The Journal uses an anonymous source to suggest the answer could be yes, noting, Bryan Lesko, an airline pilot who wrote an article last year for his unions magazine about the 737 MAX before it entered service, repeatedly asked Boeing officials if there were any major new systems. The answer was no, according to a person who recently discussed the matter with him. The union declined to make Mr. Lesko available for comment. Boeing is working on a fix to the MCAS system which would require that both AOA sensors deliver similar readings -- they must be within 5.5 degrees -- before triggering the MCAS to tip down the nose. Boeing's fix will limit how sharply the MCAS can tip the nose down -- to no more than flight crew can counteract by pulling back on the control column in the cockpit. What's more, the fix would only allow the MCAS to tip down the nose once, rather than repeatedly -- as the current version does -- thus making it easier for pilots to recover, according to Newsy. Boeing has not said when it will install the fix. According to the New York Times, the FAA "must first approve the new software and the training. Then, Boeing said, each existing 737 Max will need to be manually upgraded, a procedure that takes an hour for each plane. Finally, Max pilots will need to receive an additional 30-minute training program about the software." The aftermath of 737 MAX crashes could cost at least $1 billion. JP Morgan analyst Seth Seifman told the Washington Post, Boeing will probably owe something to the airlines. If the grounding lasts two to three months, its possible Boeing could face roughly $1 billion to settle legal claims by the airlines." Boeing CEO Dennis Muilenburg said he has been "humbled," according to a March 26 statement, and that "Boeing stands together with all our customers and partners to earn and strengthen the flying publics trust and confidence in us every day." In a March 28 interview, Richard Aboulafia, Teal Group Vice President, thinks Boeing has a long way to go to restore its reputation. As he said,
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Boeing rushed the 737 MAX to market to keep rival, Airbus, from winning a big order from a key customer. Two of the aircraft have crashed since last October -- one flown by Lion Air and the other by Ethiopian Air -- claiming a total of 346 lives.
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ctrlsum
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https://www.forbes.com/sites/petercohan/2019/03/28/did-airbus-rivalry-drive-dangerous-tradeoffs-for-boeings-737-max/
| 0.31589 |
Is Lyft Worth $19 Billion?
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Jaap Arriens/NurPhoto Lyfts IPO is set to price tonight and the stock should start trading on Friday after a market clearing price has been determined. The proposed maximum share price is $68, which would value the company at $19.3 billion, but there are reports that it could be higher due to strong demand. Lyft and other disruptive on-demand ridesharing companies have taken advantage of almost everyone having a smartphone and the Gig revolution. Combine those with the cost of owning a car, which the U.S. Bureau of Labor Statistics per Lyfts filing, is $9,500 per year, helps to explain the rapid growth the company has experienced. Two of the biggest questions potential Lyft investors have is when could the company become profitable and are there valuation metrics that support buying the stock when it starts trading. There are at least three analysts who have models on the company and I have built one out to 2022. There are a huge number of assumptions and risks going out that far, so dont rely upon these as investment advice, but as a starting point to do research. There are also numerous business challenges Lyft must address which David Trainer, Forbes contributor, outlines in this article. Strong revenue growth but decelerating Lyfts revenue increased from $343 million in 2016, to $1.06 billion in 2017 (up 209%) and to $2.16 billion in 2018 (up 103%). The company has been able to achieve strong growth through a combination of increasing the number of riders every quarter and its revenue per rider. Lyft active riders Lyft S-1A SEC filing Lyft revenue per Active Rider Lyft S-1A SEC filing Another aspect on how Lyft has been able to grow is analyzing what the company calls cohorts of riders. From the graph below in 2015 there were 25.1 million rides taken by people who took their first ride that year. That group, or cohort, then took 48.3 million rides in 2016; 59.7 million in 2017 and 66.9 million in 2018. One observation from the graph is that each new cohort year has had a greater number of first year rides compared to the previous years. A second is that as a cohort gets older the growth in the number of additional rides the next year declines. In 2018 the 2015 cohort saw its rides increase 12% and the 2016 cohort only had 3% growth. Lyft Rides by Annual Cohort Lyft S-1A SEC filing However the company lost almost $1 billion last year Lyft is the typical early stage tech company who is following the tradition of growing rapidly and losing a lot of money (even though it is worth a lot of money). While its gross margins more than doubled from 18.9% in 2016 to 42.4% in 2018, the operating expenses of $1.88 billion were almost as much as the companys total revenue of $2.16 billion. Cash flow is better than operating income Lyfts cash flows show a better story than its operating losses. Due to the company taking very large accruals for insurance reserves ($434 million in 2018) and other liabilities, Lyfts free cash flow has a much smaller loss than what the income statement shows. 2016: Operating income of $(683) million vs. free cash flow of $(496) million 2017: Operating income of $(699) million vs. free cash flow of $(401) million 2018: Operating income of $(969) million vs. free cash flow of $(349) million One interesting note is that in 2016 and 2017 Lyfts capital expenditures were only $9 million and $8 million, respectively. However, they increased substantially to $69 million in 2018. This year is supposed to be a peak investment year per CNBC reporting from the roadshow. This wont be a surprise, but Lyfts revenue will need to grow substantially, gross margins will need to increase and while operating expenses will grow, they need to increase at a lower rate than revenue growth. Since Lyft is losing a substantial amount of money it will take multiple years for revenue to increase enough and operating expenses to slow their growth for the company to become profitable. Additionally gross margins will need to continue to increase. CNBC reporting from the roadshow has management saying they could eventually get to 70% (were 42.4% in 2018) but no timeframe was given. I would not expect Lyft to get anywhere close to this goal in the next five years and even in a decade unless they can add a high margin business to the mix. Maybe autonomous driving will be the key, but given the infancy of the technology it isnt appropriate to model any contribution from it. Some analysts have already initiated on Lyft While the investment banks that are bringing Lyft to market will probably have their analysts wait 25 calendar days from Friday to initiate coverage (expect a lot of Buy ratings unless the shares have risen a good amount), there are firms that are not participating in the IPO who have published models and price targets. Below is information from three of them along with my assumptions and results. The one thing I can saw for certain is that the companys actual results will not match what my or the analyst's models show four years from now. Nonetheless, it is a worthwhile exercise to see what is needed to get beyond breakeven. Tom White at D.A. Davidson: Buy with $75 price target Tom White at D.A. Davidson initiated coverage of Lyft with a Buy rating and $75 price target. He wrote, Our BUY rating reflects LYFTs impressive recent U.S. market share gains and momentum, the continued growth/expansion of the broader rating include uncertainty around LYFT's long-term margin ramp/profile, risks associated with its positioning in autonomous driving technology, and the fluid regulatory/legal landscape for the Ridesharing industry. White has revenue growth decelerating substantially in 2021, while gross margins increase strongly each year. Even with higher gross margins, he still does not have the company being profitable in 2022. Revenue projections 2018: $2.16 billion, up 103% 2019: $3.36 billion, up 56% 2020: $4.37 billion, up 30% 2021: $5.11 billion, up 17% 2022: $5.71 billion, up 12% Gross margin projections 2018: 42.4% 2019: 45.3% 2020: 48.1% 2021: 50.9% 2022: 54.0% Operating income loss projections 2018: $(911) million 2019: $(1,142) million 2020: $(1,142) million 2021: $(889) million 2022: $(505) million Dan Ives at Wedbush: Neutral with $80 price target Dan Ives at Wedbush initiated coverage of Lyft with a Neutral rating and $80 price target. He wrote, Lyft is an attractive name to own to play this transformative ridesharing market opportunity, however at levels above $80 we find it hard to be bullish on the name given the risk/reward we see for shares. Revenue projections 2018: $2.16 billion, up 103% 2019: $3.68 billion, up 71% 2020: $5.14 billion, up 40% Gross margin projections 2018: 42.4% 2019: 46.1% 2020: 46.9% Operating income loss projections 2018: $(911) million 2019: $(1,034) million 2020: $(998) million Trip Chowdhry at Global Equity Research Trip Chowdhry at Global Equity Research published projections through 2022 but does not have a recommendation or price target for Lyft. He did include, Lyft is here to stay and that it has solid technology and IP. The issues he outlined were: LYFTs business is all predicated on incentives to Drivers, and incentives to Riders. Can LYFT have a Business Model without incentives is not clear. Surge Pricing of 25% to 200% is a sticking issue Revenue projections 2018: $2.16 billion, up 103% 2019: $3.77 billion, up 75% 2020: $6.01 billion, up 59% 2021: $7.63 billion, up 27% 2022: $8.72 billion, up 14% Gross margin projections 2018: 42.4% 2019: 45.8% 2020: 45.8% 2021: 46.5% 2022: 46.8% Operating income loss projections 2018: $(911) million 2019: $(746) million 2020: $(210) million 2021: Profit of $97 million 2022: Profit of $191 million My model and assumptions I have built a model through 2022 to help determine when Lyft could become profitable. Here are the assumptions I have used. 1Q 2019s revenue increases $80 million from 4Q 2018 and then $100 million per quarter through 2022 Yearly revenue growth becomes 67%, 39%, 36% and 24% for a total of $8.4 billion in 2022 Gross margins increase from 42.4% in 2018 to 46% in 2019 and then 3% per year to 55% in 2022 Without getting into the details, operating expenses as a percent of revenue grow less than revenue by 22%, 13%, 12% and 12% (or percentage points) in 2019, 2020, 2021 and 2022, respectively Interest income increases from $66 million in 2018 to $150 million each year Only $1 million per year in taxes since the company has over $3 billion in losses, which will increase Operating income of a loss of $(168) million in 2022, which is almost entirely offset by interest income Revenue projections 2018: $2.16 billion, up 103% 2019: $3.6 billion, up 67% 2020: $5.0 billion, up 39% 2021: $6.8 billion, up 36% 2022: $8.4 billion, up 24% Gross margin projections 2018: 42.4% 2019: 46.0% 2020: 49.0% 2021: 52.0% 2022: 55.0% Operating income loss projections 2018: $(911) million 2019: $(1,080) million 2020: $(1,000) million 2021: $(748) million 2022: $(168) million Lyfts valuation is not unreasonable One of the few valuation analyses that can be used when a company is losing money is to compare its market capitalization or enterprise value (market cap minus its net cash) to revenue. At a share price of $68 Lyfts market cap will be $19.3 billion and the company should have $4.4 billion in cash ($2 billion at the end of 2018 and $2.4 billion from the IPO). This would make Lyfts Enterprise Value or EV $14.9 billion. Its EV to revenue ratio for 2018 and 2019 are: 2018: $14.9 billion divided by $2.16 billion or 6.9x with revenue growth of 103% 2019: $14.9 billion divided by $3.6 billion (average of the four estimates) or 4.1x with revenue growth of 67% Tom White has a table in his initiation report comparing Lyfts valuation vs. 30 other companies. These are broken down into two groups; companies he covers such as Expedia, TripAdvisor and Zillow and what he calls relevant comps such as Amazon, eBay, Facebook, Netflix, PayPal and Twitter. Their EV to revenue ratios are: Companies White covers: 2018: Average of 5.2x with revenue growth of 35% 2018: Median of 3.8x with revenue growth of 19% 2019: Average of 4.1x with revenue growth of 22% 2019: Median of 3.6x with revenue growth of 15% Comparable companies: 2018: Average of 7.6x with revenue growth of 34% 2018: Median of 6.9x with revenue growth of 31% 2019: Average of 6.1x with revenue growth of 22% 2019: Median of 5.8x with revenue growth of 21% From this metric is looks like a $68 price for Lyft is reasonable given its valuation is in-line with these companies and has greater revenue growth. However, keep in mind that there are many other factors to consider, such as many of these companies are profitable and Lyft is years away from showing positive earnings.
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Lyfts IPO is set to price tonight and the stock should start trading on Friday after a market clearing price has been determined. The proposed maximum share price is $68, which would value the company at $19.3 billion.
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bart
| 1 |
https://www.forbes.com/sites/chuckjones/2019/03/28/is-lyft-worth-19-billion/
| 0.325663 |
Is Lyft Worth $19 Billion?
|
Jaap Arriens/NurPhoto Lyfts IPO is set to price tonight and the stock should start trading on Friday after a market clearing price has been determined. The proposed maximum share price is $68, which would value the company at $19.3 billion, but there are reports that it could be higher due to strong demand. Lyft and other disruptive on-demand ridesharing companies have taken advantage of almost everyone having a smartphone and the Gig revolution. Combine those with the cost of owning a car, which the U.S. Bureau of Labor Statistics per Lyfts filing, is $9,500 per year, helps to explain the rapid growth the company has experienced. Two of the biggest questions potential Lyft investors have is when could the company become profitable and are there valuation metrics that support buying the stock when it starts trading. There are at least three analysts who have models on the company and I have built one out to 2022. There are a huge number of assumptions and risks going out that far, so dont rely upon these as investment advice, but as a starting point to do research. There are also numerous business challenges Lyft must address which David Trainer, Forbes contributor, outlines in this article. Strong revenue growth but decelerating Lyfts revenue increased from $343 million in 2016, to $1.06 billion in 2017 (up 209%) and to $2.16 billion in 2018 (up 103%). The company has been able to achieve strong growth through a combination of increasing the number of riders every quarter and its revenue per rider. Lyft active riders Lyft S-1A SEC filing Lyft revenue per Active Rider Lyft S-1A SEC filing Another aspect on how Lyft has been able to grow is analyzing what the company calls cohorts of riders. From the graph below in 2015 there were 25.1 million rides taken by people who took their first ride that year. That group, or cohort, then took 48.3 million rides in 2016; 59.7 million in 2017 and 66.9 million in 2018. One observation from the graph is that each new cohort year has had a greater number of first year rides compared to the previous years. A second is that as a cohort gets older the growth in the number of additional rides the next year declines. In 2018 the 2015 cohort saw its rides increase 12% and the 2016 cohort only had 3% growth. Lyft Rides by Annual Cohort Lyft S-1A SEC filing However the company lost almost $1 billion last year Lyft is the typical early stage tech company who is following the tradition of growing rapidly and losing a lot of money (even though it is worth a lot of money). While its gross margins more than doubled from 18.9% in 2016 to 42.4% in 2018, the operating expenses of $1.88 billion were almost as much as the companys total revenue of $2.16 billion. Cash flow is better than operating income Lyfts cash flows show a better story than its operating losses. Due to the company taking very large accruals for insurance reserves ($434 million in 2018) and other liabilities, Lyfts free cash flow has a much smaller loss than what the income statement shows. 2016: Operating income of $(683) million vs. free cash flow of $(496) million 2017: Operating income of $(699) million vs. free cash flow of $(401) million 2018: Operating income of $(969) million vs. free cash flow of $(349) million One interesting note is that in 2016 and 2017 Lyfts capital expenditures were only $9 million and $8 million, respectively. However, they increased substantially to $69 million in 2018. This year is supposed to be a peak investment year per CNBC reporting from the roadshow. This wont be a surprise, but Lyfts revenue will need to grow substantially, gross margins will need to increase and while operating expenses will grow, they need to increase at a lower rate than revenue growth. Since Lyft is losing a substantial amount of money it will take multiple years for revenue to increase enough and operating expenses to slow their growth for the company to become profitable. Additionally gross margins will need to continue to increase. CNBC reporting from the roadshow has management saying they could eventually get to 70% (were 42.4% in 2018) but no timeframe was given. I would not expect Lyft to get anywhere close to this goal in the next five years and even in a decade unless they can add a high margin business to the mix. Maybe autonomous driving will be the key, but given the infancy of the technology it isnt appropriate to model any contribution from it. Some analysts have already initiated on Lyft While the investment banks that are bringing Lyft to market will probably have their analysts wait 25 calendar days from Friday to initiate coverage (expect a lot of Buy ratings unless the shares have risen a good amount), there are firms that are not participating in the IPO who have published models and price targets. Below is information from three of them along with my assumptions and results. The one thing I can saw for certain is that the companys actual results will not match what my or the analyst's models show four years from now. Nonetheless, it is a worthwhile exercise to see what is needed to get beyond breakeven. Tom White at D.A. Davidson: Buy with $75 price target Tom White at D.A. Davidson initiated coverage of Lyft with a Buy rating and $75 price target. He wrote, Our BUY rating reflects LYFTs impressive recent U.S. market share gains and momentum, the continued growth/expansion of the broader rating include uncertainty around LYFT's long-term margin ramp/profile, risks associated with its positioning in autonomous driving technology, and the fluid regulatory/legal landscape for the Ridesharing industry. White has revenue growth decelerating substantially in 2021, while gross margins increase strongly each year. Even with higher gross margins, he still does not have the company being profitable in 2022. Revenue projections 2018: $2.16 billion, up 103% 2019: $3.36 billion, up 56% 2020: $4.37 billion, up 30% 2021: $5.11 billion, up 17% 2022: $5.71 billion, up 12% Gross margin projections 2018: 42.4% 2019: 45.3% 2020: 48.1% 2021: 50.9% 2022: 54.0% Operating income loss projections 2018: $(911) million 2019: $(1,142) million 2020: $(1,142) million 2021: $(889) million 2022: $(505) million Dan Ives at Wedbush: Neutral with $80 price target Dan Ives at Wedbush initiated coverage of Lyft with a Neutral rating and $80 price target. He wrote, Lyft is an attractive name to own to play this transformative ridesharing market opportunity, however at levels above $80 we find it hard to be bullish on the name given the risk/reward we see for shares. Revenue projections 2018: $2.16 billion, up 103% 2019: $3.68 billion, up 71% 2020: $5.14 billion, up 40% Gross margin projections 2018: 42.4% 2019: 46.1% 2020: 46.9% Operating income loss projections 2018: $(911) million 2019: $(1,034) million 2020: $(998) million Trip Chowdhry at Global Equity Research Trip Chowdhry at Global Equity Research published projections through 2022 but does not have a recommendation or price target for Lyft. He did include, Lyft is here to stay and that it has solid technology and IP. The issues he outlined were: LYFTs business is all predicated on incentives to Drivers, and incentives to Riders. Can LYFT have a Business Model without incentives is not clear. Surge Pricing of 25% to 200% is a sticking issue Revenue projections 2018: $2.16 billion, up 103% 2019: $3.77 billion, up 75% 2020: $6.01 billion, up 59% 2021: $7.63 billion, up 27% 2022: $8.72 billion, up 14% Gross margin projections 2018: 42.4% 2019: 45.8% 2020: 45.8% 2021: 46.5% 2022: 46.8% Operating income loss projections 2018: $(911) million 2019: $(746) million 2020: $(210) million 2021: Profit of $97 million 2022: Profit of $191 million My model and assumptions I have built a model through 2022 to help determine when Lyft could become profitable. Here are the assumptions I have used. 1Q 2019s revenue increases $80 million from 4Q 2018 and then $100 million per quarter through 2022 Yearly revenue growth becomes 67%, 39%, 36% and 24% for a total of $8.4 billion in 2022 Gross margins increase from 42.4% in 2018 to 46% in 2019 and then 3% per year to 55% in 2022 Without getting into the details, operating expenses as a percent of revenue grow less than revenue by 22%, 13%, 12% and 12% (or percentage points) in 2019, 2020, 2021 and 2022, respectively Interest income increases from $66 million in 2018 to $150 million each year Only $1 million per year in taxes since the company has over $3 billion in losses, which will increase Operating income of a loss of $(168) million in 2022, which is almost entirely offset by interest income Revenue projections 2018: $2.16 billion, up 103% 2019: $3.6 billion, up 67% 2020: $5.0 billion, up 39% 2021: $6.8 billion, up 36% 2022: $8.4 billion, up 24% Gross margin projections 2018: 42.4% 2019: 46.0% 2020: 49.0% 2021: 52.0% 2022: 55.0% Operating income loss projections 2018: $(911) million 2019: $(1,080) million 2020: $(1,000) million 2021: $(748) million 2022: $(168) million Lyfts valuation is not unreasonable One of the few valuation analyses that can be used when a company is losing money is to compare its market capitalization or enterprise value (market cap minus its net cash) to revenue. At a share price of $68 Lyfts market cap will be $19.3 billion and the company should have $4.4 billion in cash ($2 billion at the end of 2018 and $2.4 billion from the IPO). This would make Lyfts Enterprise Value or EV $14.9 billion. Its EV to revenue ratio for 2018 and 2019 are: 2018: $14.9 billion divided by $2.16 billion or 6.9x with revenue growth of 103% 2019: $14.9 billion divided by $3.6 billion (average of the four estimates) or 4.1x with revenue growth of 67% Tom White has a table in his initiation report comparing Lyfts valuation vs. 30 other companies. These are broken down into two groups; companies he covers such as Expedia, TripAdvisor and Zillow and what he calls relevant comps such as Amazon, eBay, Facebook, Netflix, PayPal and Twitter. Their EV to revenue ratios are: Companies White covers: 2018: Average of 5.2x with revenue growth of 35% 2018: Median of 3.8x with revenue growth of 19% 2019: Average of 4.1x with revenue growth of 22% 2019: Median of 3.6x with revenue growth of 15% Comparable companies: 2018: Average of 7.6x with revenue growth of 34% 2018: Median of 6.9x with revenue growth of 31% 2019: Average of 6.1x with revenue growth of 22% 2019: Median of 5.8x with revenue growth of 21% From this metric is looks like a $68 price for Lyft is reasonable given its valuation is in-line with these companies and has greater revenue growth. However, keep in mind that there are many other factors to consider, such as many of these companies are profitable and Lyft is years away from showing positive earnings.
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Lyfts IPO is set to price tonight and the stock should start trading on Friday. The proposed maximum share price is $68, which would value the company at $19.3 billion. Two of the biggest questions potential Lyft investors have is when could the company become profitable and are there valuation metrics that support buying the stock when it starts trading.
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pegasus
| 2 |
https://www.forbes.com/sites/chuckjones/2019/03/28/is-lyft-worth-19-billion/
| 0.399295 |
Was Viking Cruises equipped to brave Norway's winters with Viking Sky cruise ship?
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When Viking Cruises announced an ocean cruise itinerary that would allow travelers the "rare opportunity to explore the far north in Norways winter," it boasted of being "the first U.S. cruise line to offer a full-length itinerary in the Arctic Circle in the winter season." The big attraction was what's happening the sky. Adventurous tourists head to Norway in the winter to get a glimpse of the Northern Lights, a magical natural light display also known as the aurora borealis. But passengers last week experienced more than they bargained for aboard a 12-day cruise on the Viking Sky as the ship met with engine failure in stormy seas, issued a mayday call, evacuated about half its passengers via helicopter and finally limped to safety into the nearby port of Molde, Norway. One crew member, who spoke exclusively to USA TODAY and requested anonymity because he was not authorized to speak publicly, described a terrifying ordeal of broken glass, an airborne piano and the crew's human chain to distribute life jackets as the ship listed dangerously. Exclusive: Crew member recounts what happened on that Viking Sky cruise ship The harrowing experience raises the question of whether Viking was adequately prepared for unusual circumstances in the far north. "The average ship undergoes dozens of announced and unannounced safety inspections per year, involving hundreds of man hours and covering thousands of specific requirements set by the International Maritime Organization and flag nations around the world," Sarah Kennedy, spokeswoman for the trade group Cruise Lines International Association, says in a statement sent to USA TODAY. When asked if Viking Ocean Cruises took extra precautions in advance of the season to prepare for winter weather, Viking spokesman Ian Jeffries told USA TODAY: "Viking Sky is an ocean-going vessel built to the highest standards. It is designed to sail worldwide. It had onboard two experienced local Norwegian pilots who were there to advise the captain." Norwegian officials opened an investigation into the incident Monday. The next scheduled trip for the Viking Sky, a visit to Scandinavia and Germany that was expected to leave Wednesday, has been canceled. Viking Cruises was established as Viking River Cruises in 1997, and the ocean division began operating its first vessel in 2015. The Viking Ocean fleet includes six identical ships, including one that is scheduled to do the Norway route in early 2020. "Viking Star is scheduled for next winter in Norway. Based on what happened, I would think Viking Ocean may be rethinking this," says Mike Driscoll, editor of leading travel industry newsletter Cruise Week. Passengers on such voyages tend to be veteran cruisers. "These are passengers who have done 10 to 20 cruises with high-end lines. They are looking for other places to go, other cruise experiences," Driscoll says. "That explains the acceptance of cruising in Norway in winter to see the Northern Lights, even at the risk of rough seas." "Of course, no one expected this incident," he adds, "but they knew it's not the Mediterranean in summer." Driscoll says he doubts Viking will do the same itinerary next year. "It would be foolish if they were ever going to do winter in Norway again." More: After Viking cruise ship rescue, passengers concerned about cruising safety Questions abound regarding engine failure Viking touts the "Viking difference" on its website: "Ships are small to get guests closer to their destination, with more time in port and more overnights." Viking Sky is a 745-foot, 930-guest ship. With the crew, the cruise ship was carrying 1,373 people on its hapless voyage. But the size of the ship may matter less than ship operations and what's under the hood when it comes to safety. "Everyone is wondering what happened. We don't have any answers yet," Driscoll says regarding Viking Sky's engine issues. "When someone evacuates, it's usually because of a fire or water coming in through a hole, and none of those factors was apparent here."
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Viking Cruises announced an ocean cruise itinerary that would allow travelers to explore the far north in Norway's winter.
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pegasus
| 0 |
https://news.yahoo.com/viking-cruises-equipped-brave-norway-192058610.html
| 0.164598 |
Was Viking Cruises equipped to brave Norway's winters with Viking Sky cruise ship?
|
When Viking Cruises announced an ocean cruise itinerary that would allow travelers the "rare opportunity to explore the far north in Norways winter," it boasted of being "the first U.S. cruise line to offer a full-length itinerary in the Arctic Circle in the winter season." The big attraction was what's happening the sky. Adventurous tourists head to Norway in the winter to get a glimpse of the Northern Lights, a magical natural light display also known as the aurora borealis. But passengers last week experienced more than they bargained for aboard a 12-day cruise on the Viking Sky as the ship met with engine failure in stormy seas, issued a mayday call, evacuated about half its passengers via helicopter and finally limped to safety into the nearby port of Molde, Norway. One crew member, who spoke exclusively to USA TODAY and requested anonymity because he was not authorized to speak publicly, described a terrifying ordeal of broken glass, an airborne piano and the crew's human chain to distribute life jackets as the ship listed dangerously. Exclusive: Crew member recounts what happened on that Viking Sky cruise ship The harrowing experience raises the question of whether Viking was adequately prepared for unusual circumstances in the far north. "The average ship undergoes dozens of announced and unannounced safety inspections per year, involving hundreds of man hours and covering thousands of specific requirements set by the International Maritime Organization and flag nations around the world," Sarah Kennedy, spokeswoman for the trade group Cruise Lines International Association, says in a statement sent to USA TODAY. When asked if Viking Ocean Cruises took extra precautions in advance of the season to prepare for winter weather, Viking spokesman Ian Jeffries told USA TODAY: "Viking Sky is an ocean-going vessel built to the highest standards. It is designed to sail worldwide. It had onboard two experienced local Norwegian pilots who were there to advise the captain." Norwegian officials opened an investigation into the incident Monday. The next scheduled trip for the Viking Sky, a visit to Scandinavia and Germany that was expected to leave Wednesday, has been canceled. Viking Cruises was established as Viking River Cruises in 1997, and the ocean division began operating its first vessel in 2015. The Viking Ocean fleet includes six identical ships, including one that is scheduled to do the Norway route in early 2020. "Viking Star is scheduled for next winter in Norway. Based on what happened, I would think Viking Ocean may be rethinking this," says Mike Driscoll, editor of leading travel industry newsletter Cruise Week. Passengers on such voyages tend to be veteran cruisers. "These are passengers who have done 10 to 20 cruises with high-end lines. They are looking for other places to go, other cruise experiences," Driscoll says. "That explains the acceptance of cruising in Norway in winter to see the Northern Lights, even at the risk of rough seas." "Of course, no one expected this incident," he adds, "but they knew it's not the Mediterranean in summer." Driscoll says he doubts Viking will do the same itinerary next year. "It would be foolish if they were ever going to do winter in Norway again." More: After Viking cruise ship rescue, passengers concerned about cruising safety Questions abound regarding engine failure Viking touts the "Viking difference" on its website: "Ships are small to get guests closer to their destination, with more time in port and more overnights." Viking Sky is a 745-foot, 930-guest ship. With the crew, the cruise ship was carrying 1,373 people on its hapless voyage. But the size of the ship may matter less than ship operations and what's under the hood when it comes to safety. "Everyone is wondering what happened. We don't have any answers yet," Driscoll says regarding Viking Sky's engine issues. "When someone evacuates, it's usually because of a fire or water coming in through a hole, and none of those factors was apparent here."
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Viking's Viking Sky cruise ship suffered engine failure in stormy seas last week. The ship was carrying 1,373 passengers and crew. The incident raises questions about whether Viking was equipped to brave Norway's winters.
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ctrlsum
| 1 |
https://news.yahoo.com/viking-cruises-equipped-brave-norway-192058610.html
| 0.277571 |
Was Viking Cruises equipped to brave Norway's winters with Viking Sky cruise ship?
|
When Viking Cruises announced an ocean cruise itinerary that would allow travelers the "rare opportunity to explore the far north in Norways winter," it boasted of being "the first U.S. cruise line to offer a full-length itinerary in the Arctic Circle in the winter season." The big attraction was what's happening the sky. Adventurous tourists head to Norway in the winter to get a glimpse of the Northern Lights, a magical natural light display also known as the aurora borealis. But passengers last week experienced more than they bargained for aboard a 12-day cruise on the Viking Sky as the ship met with engine failure in stormy seas, issued a mayday call, evacuated about half its passengers via helicopter and finally limped to safety into the nearby port of Molde, Norway. One crew member, who spoke exclusively to USA TODAY and requested anonymity because he was not authorized to speak publicly, described a terrifying ordeal of broken glass, an airborne piano and the crew's human chain to distribute life jackets as the ship listed dangerously. Exclusive: Crew member recounts what happened on that Viking Sky cruise ship The harrowing experience raises the question of whether Viking was adequately prepared for unusual circumstances in the far north. "The average ship undergoes dozens of announced and unannounced safety inspections per year, involving hundreds of man hours and covering thousands of specific requirements set by the International Maritime Organization and flag nations around the world," Sarah Kennedy, spokeswoman for the trade group Cruise Lines International Association, says in a statement sent to USA TODAY. When asked if Viking Ocean Cruises took extra precautions in advance of the season to prepare for winter weather, Viking spokesman Ian Jeffries told USA TODAY: "Viking Sky is an ocean-going vessel built to the highest standards. It is designed to sail worldwide. It had onboard two experienced local Norwegian pilots who were there to advise the captain." Norwegian officials opened an investigation into the incident Monday. The next scheduled trip for the Viking Sky, a visit to Scandinavia and Germany that was expected to leave Wednesday, has been canceled. Viking Cruises was established as Viking River Cruises in 1997, and the ocean division began operating its first vessel in 2015. The Viking Ocean fleet includes six identical ships, including one that is scheduled to do the Norway route in early 2020. "Viking Star is scheduled for next winter in Norway. Based on what happened, I would think Viking Ocean may be rethinking this," says Mike Driscoll, editor of leading travel industry newsletter Cruise Week. Passengers on such voyages tend to be veteran cruisers. "These are passengers who have done 10 to 20 cruises with high-end lines. They are looking for other places to go, other cruise experiences," Driscoll says. "That explains the acceptance of cruising in Norway in winter to see the Northern Lights, even at the risk of rough seas." "Of course, no one expected this incident," he adds, "but they knew it's not the Mediterranean in summer." Driscoll says he doubts Viking will do the same itinerary next year. "It would be foolish if they were ever going to do winter in Norway again." More: After Viking cruise ship rescue, passengers concerned about cruising safety Questions abound regarding engine failure Viking touts the "Viking difference" on its website: "Ships are small to get guests closer to their destination, with more time in port and more overnights." Viking Sky is a 745-foot, 930-guest ship. With the crew, the cruise ship was carrying 1,373 people on its hapless voyage. But the size of the ship may matter less than ship operations and what's under the hood when it comes to safety. "Everyone is wondering what happened. We don't have any answers yet," Driscoll says regarding Viking Sky's engine issues. "When someone evacuates, it's usually because of a fire or water coming in through a hole, and none of those factors was apparent here."
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Viking's Viking Sky cruise ship suffered engine failure in stormy seas last week. The ship was carrying 1,373 passengers and crew. The incident raises questions about whether Viking was equipped to brave Norway's winters. The next scheduled trip for the Viking Sky, a visit to Scandinavia and Germany, has been canceled.
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ctrlsum
| 2 |
https://news.yahoo.com/viking-cruises-equipped-brave-norway-192058610.html
| 0.400705 |
Did 5th grade SC girl in school fight die from bullying?
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Two days after 10-year-old RaNiya Wright was so severely injured in a classroom fight she had to be airlifted to a hospital, the fifth-grader died, according to South Carolina school officials. Forest Hills Elementary School parents gathered at a library in Walterboro, South Carolina, Wednesday evening, where the conversation focused on bullying at the school, TV station WCIV reports. The school has yet to notify any of the parents except the ones involved that something happened. We all found out on social media, Forest Hills parent Paige Garris said, according to WCIV. People on social media are just saying the little girl had been bullied, the mom had been to the school and nothing had been done. A statement from the Colleton County School District says a student has been suspended, but, Because this is an ongoing investigation, we ask that the community understands that the information we can share is limited. FLASH SALE! Unlimited digital access for $3.99 per month Don't miss this great deal. Offer ends on March 31st! The incident report, released by the sheriffs department after RaNiyas death, makes no mention of bullying. It did list another fifth-grade student as the suspect in the case listed as a simple assault. SHARE COPY LINK This bullying explainer that defines what bullying is, who is affected by it, and how prevention is possible. Colleton schools spokesman Sean Gruber said he could not comment when asked by the Greenville News if the fight stemmed from bullying. At the Wednesday evening meeting, Colleton County parent Tiffany Roberts said school should be a safe haven for them, according to WCSC. If they dont feel safe at home they should be able to feel safe at school, Roberts, parent of a 10-year-old in a Colleton County school, said, WCSC reports. School spokesman Gruber released a statement on behalf of the superintendent that said, in part, The District is cooperating fully with law enforcement as this matter is investigated. The Colleton County School Board plans to hold a special meeting Thursday to discuss what happened, WLTX reports. Colleton County Coroner Richard Harvey told McClatchy that theres an autopsy scheduled for Friday for RaNiya. What happened Information is limited on just what happened at the school Monday. According to the sheriffs incident report, officers were called to the school and found RaNiya in the nurses office unconscious but breathing. Fire Rescue was immediately dispatched to the scene, according to the report, and a school resource officer was already on scene when the ambulance arrived. The school district said the girl had to be airlifted to the Medical University of South Carolina in Charleston, less than 50 miles away. The district crisis response team has been at Forest Hills Elementary School on March 26 to offer support services to students and staff and will continue as needed, the district said. On Wednesday at 9:39 a.m., RaNiya died, according to the sheriffs office.
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RaNiya Wright, 10, was airlifted to a hospital Monday after a fight broke out in a South Carolina classroom. On Wednesday morning, the fifth-grader died. Parents gathered at a meeting Wednesday night to discuss bullying at the school. A student has been suspended.
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pegasus
| 2 |
https://www.miamiherald.com/news/nation-world/national/article228523109.html
| 0.199758 |
How Much Of A Threat Is Space Debris To The ISS?
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originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world. Answer by Robert Frost, Instructor and Flight Controller at NASA, on Quora: Space debris has the potential to cripple the ISS and kill the crew. These objects are traveling around the Earth at a speed ten times that of the average bullet from a gun. It is a highly managed risk. Space debris is a risk that has to be constantly monitored for the ISS. The Air Force monitors the space around Earth and tracks debris. They have a vast catalog with thousands of identified pieces of debris. Currently, more than 16,000 objects larger than a small grapefruit are being tracked in orbit. About 5% of those are active spacecraft and 95% are spent rocket bodies, dead satellites, debris, and other junk that could become a threat. Should they detect a piece of debris and determine it has a potential to threaten the ISS they will confer with TOPO (the Trajectory Operations and Planning Officer). TOPO is a flight controller in the ISS Mission Control Center. An analysis will be run to calculate conjunction probabilities for an obloid envelope around the vehicle. 1/100,000 is yellow and 1/10,000 is red. Should a red conjunction be predicted, they negotiate with the Russians to perform a debris avoidance maneuver (DAM). That is a small reboost or deboost in-plane burn that will lift or lower the vehicle (whichever best lessens the threat). So, theres your statement of how serious the threat is - if there is a 1 in 10,000 chance of conjunction with an object bigger than a small grapefruit, we make plans to move a 400,000 kg (900,000 lb) vehicle. An additional 500,000 objects are in-between that size and the size of a marble and an unknown number are smaller than a marble. Any of those 500,000 can still cause significant damage. Even paint chips from old rockets can damage a window or solar array. During a conjunction activity, if it is believed safer for the crew, the crew will hideout in their Soyuz capsules, ready to evacuate in the event of a severe hit. Should there be a small puncture, the crew have kits to patch the hole. The cabin has not been penetrated, but there are several punctures on the vehicle. The solar arrays, radiators, and some truss have scars from hits. The crew have occasionally been made aware of a hit by hearing a loud banging noise. This question originally appeared on Quora - the place to gain and share knowledge, empowering people to learn from others and better understand the world. You can follow Quora on Twitter, Facebook, and Google+. More questions:
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Space debris has the potential to cripple the ISS and kill the crew.
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bart
| 0 |
https://www.forbes.com/sites/quora/2019/03/28/how-much-of-a-threat-is-space-debris-to-the-iss/
| 0.418232 |
How Much Of A Threat Is Space Debris To The ISS?
|
originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world. Answer by Robert Frost, Instructor and Flight Controller at NASA, on Quora: Space debris has the potential to cripple the ISS and kill the crew. These objects are traveling around the Earth at a speed ten times that of the average bullet from a gun. It is a highly managed risk. Space debris is a risk that has to be constantly monitored for the ISS. The Air Force monitors the space around Earth and tracks debris. They have a vast catalog with thousands of identified pieces of debris. Currently, more than 16,000 objects larger than a small grapefruit are being tracked in orbit. About 5% of those are active spacecraft and 95% are spent rocket bodies, dead satellites, debris, and other junk that could become a threat. Should they detect a piece of debris and determine it has a potential to threaten the ISS they will confer with TOPO (the Trajectory Operations and Planning Officer). TOPO is a flight controller in the ISS Mission Control Center. An analysis will be run to calculate conjunction probabilities for an obloid envelope around the vehicle. 1/100,000 is yellow and 1/10,000 is red. Should a red conjunction be predicted, they negotiate with the Russians to perform a debris avoidance maneuver (DAM). That is a small reboost or deboost in-plane burn that will lift or lower the vehicle (whichever best lessens the threat). So, theres your statement of how serious the threat is - if there is a 1 in 10,000 chance of conjunction with an object bigger than a small grapefruit, we make plans to move a 400,000 kg (900,000 lb) vehicle. An additional 500,000 objects are in-between that size and the size of a marble and an unknown number are smaller than a marble. Any of those 500,000 can still cause significant damage. Even paint chips from old rockets can damage a window or solar array. During a conjunction activity, if it is believed safer for the crew, the crew will hideout in their Soyuz capsules, ready to evacuate in the event of a severe hit. Should there be a small puncture, the crew have kits to patch the hole. The cabin has not been penetrated, but there are several punctures on the vehicle. The solar arrays, radiators, and some truss have scars from hits. The crew have occasionally been made aware of a hit by hearing a loud banging noise. This question originally appeared on Quora - the place to gain and share knowledge, empowering people to learn from others and better understand the world. You can follow Quora on Twitter, Facebook, and Google+. More questions:
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Space debris has the potential to cripple the ISS and kill the crew. These objects are traveling around the Earth at a speed ten times that of the average bullet from a gun.
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pegasus
| 1 |
https://www.forbes.com/sites/quora/2019/03/28/how-much-of-a-threat-is-space-debris-to-the-iss/
| 0.482102 |
How Much Of A Threat Is Space Debris To The ISS?
|
originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world. Answer by Robert Frost, Instructor and Flight Controller at NASA, on Quora: Space debris has the potential to cripple the ISS and kill the crew. These objects are traveling around the Earth at a speed ten times that of the average bullet from a gun. It is a highly managed risk. Space debris is a risk that has to be constantly monitored for the ISS. The Air Force monitors the space around Earth and tracks debris. They have a vast catalog with thousands of identified pieces of debris. Currently, more than 16,000 objects larger than a small grapefruit are being tracked in orbit. About 5% of those are active spacecraft and 95% are spent rocket bodies, dead satellites, debris, and other junk that could become a threat. Should they detect a piece of debris and determine it has a potential to threaten the ISS they will confer with TOPO (the Trajectory Operations and Planning Officer). TOPO is a flight controller in the ISS Mission Control Center. An analysis will be run to calculate conjunction probabilities for an obloid envelope around the vehicle. 1/100,000 is yellow and 1/10,000 is red. Should a red conjunction be predicted, they negotiate with the Russians to perform a debris avoidance maneuver (DAM). That is a small reboost or deboost in-plane burn that will lift or lower the vehicle (whichever best lessens the threat). So, theres your statement of how serious the threat is - if there is a 1 in 10,000 chance of conjunction with an object bigger than a small grapefruit, we make plans to move a 400,000 kg (900,000 lb) vehicle. An additional 500,000 objects are in-between that size and the size of a marble and an unknown number are smaller than a marble. Any of those 500,000 can still cause significant damage. Even paint chips from old rockets can damage a window or solar array. During a conjunction activity, if it is believed safer for the crew, the crew will hideout in their Soyuz capsules, ready to evacuate in the event of a severe hit. Should there be a small puncture, the crew have kits to patch the hole. The cabin has not been penetrated, but there are several punctures on the vehicle. The solar arrays, radiators, and some truss have scars from hits. The crew have occasionally been made aware of a hit by hearing a loud banging noise. This question originally appeared on Quora - the place to gain and share knowledge, empowering people to learn from others and better understand the world. You can follow Quora on Twitter, Facebook, and Google+. More questions:
|
Space debris has the potential to cripple the ISS and kill the crew. These objects are traveling around the Earth at a speed ten times that of the average bullet from a gun. Currently, more than 16,000 objects larger than a small grapefruit are being tracked in orbit.
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pegasus
| 2 |
https://www.forbes.com/sites/quora/2019/03/28/how-much-of-a-threat-is-space-debris-to-the-iss/
| 0.515204 |
Do Schr and Ospina incidents show football has a concussion problem?
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Breakthrough on a concussion test appears close but in the meantime there are questions about the treatment of head injuries Risk is part of lifes fabric and a big part of footballs attraction but when it comes to suspected concussion, even the most calculated gambles have no place in the game. Stringent protocols adopted by the Football Association perform a largely excellent job in protecting players with possible head injuries, while Fifa and Uefa competitions fall under the umbrella of separate, but broadly similar, guidelines. Unfortunately all such safety nets harbour one key flaw: there is no accurate diagnostic tool for concussion and assessment is determined on the judgment of individual doctors reliant primarily on potentially unreliable balance and memory checks. Although a Birmingham University research team are close to a breakthrough and have a saliva test on trial in the Premier League, the mantra is to err on the side of extreme caution. In the words of the FAs concussion guidelines: If in doubt, sit them out. Dereliction of duty Fabian Schr plays on for Swiss after being knocked out Read more Unfortunately Fabian Schr seemed to become an exception to this zero-tolerance approach when the Newcastle defender completed Switzerlands 2-0 win against Georgia in Tbilisi, despite having briefly lost consciousness during a first-half clash of heads. Schr said he had been knocked out for a few minutes and added my skull is buzzing. Switzerlands failure to withdraw him appeared so completely out of step with concussion guidelines Newcastles medical team, led by the club doctor Paul Catterson, were sufficiently alarmed to make urgent calls to Tbilisi. A joint decision was taken and Switzerland announced they were withdrawing Schr from Tuesdays game with Denmark but the real puzzle was why the Uefa protocols had not been immediately activated. As with the FA and the Premier League there should be a minimum six-day rest period before a player returns to play following a suspected concussion. Non-professionals lacking enhanced care should wait 19 days. Uefa protocol states: In the event of a suspected concussion, the referee stops the game for up to three minutes to allow the player to be assessed by the doctor. A player will only be allowed to continue playing on specific confirmation by the team doctor to the referee of the players fitness to carry on. In Schrs case there was a five-minute break before the referee was reassured, with everything apparently hinging on Switzerlands team doctor. Although a third, independent, tunnel doctor must be present at Premier League games to support and advise their two club counterparts, this rule is not mandatory elsewhere and there have been calls notably from the former Newcastle and England captain Alan Shearer and the global players union, Fifpro for a third neutral physician to be present at internationals and given the final say on head injuries. Such a presence could have altered the outcome in Georgia. Switzerland have defended themselves, saying Schr was examined in accordance with the sport concussion assessment tool and no neurological deficits could be detected. Moreover, post-game checks highlighted no abnormalities, they said. Facebook Twitter Pinterest Napoli goalkeeper David Ospina collapsed after sustaining a blow to the head in a collision with Udineses forward Ignacio Pussetto. Photograph: Carlo Hermann/AFP/Getty Images Comparable controversy recently surrounded the collapse of David Ospina, the Arsenal goalkeeper on loan at Napoli, during a Serie A game against Udinese. Ospina had played on, with head heavily bandaged following a collision, before fainting and being taken to hospital where scans mercifully proved clear. It is hard to envisage similar scenarios unfolding at St James Park where in common with other Premier League clubs Newcastle have not only a tunnel doctor augmenting club counterparts but operate a live video and audio feed linking the pitch and dugout to the clubs treatment room. From it medical staff offer frontline colleagues advice, typically helping assess the severity of injuries using a red, amber and green traffic-light system. Newcastles manager, Rafael Bentez is happy to cede autonomy in this sphere to Catterson, a highly qualified trauma expert who fully appreciates that, like Schr, players are often reluctant to be replaced after head injuries. He and Bentez became embroiled in extraordinary scenes involving the clubs former striker Aleksandar Mitrovic during the 2016 Tyne-Wear derby. With the score 1-1 in a vital relegation home match against Sam Allardyces Sunderland and all substitutes used, Mitrovic briefly lost consciousness following a blow to the head and was sidelined. Undeterred, the Serb swiftly attempted to return to the pitch and had to be restrained by a combination of Catterson and Bentez. Football needs to get house in order over concussion, and it is not alone | Sean Ingle Read more If Headway, the brain injury campaign group, was suitably unimpressed, its chief executive, Peter McCabe, was shocked by the Schr case. What is it going to take to make football take concussion seriously? he asked. Put simply, the decision to allow Fabian Schr to return to the field of play after suffering a clear concussion was not only incredibly dangerous but also a clear dereliction of duty. Headway has urged Uefa to open an inquiry into Schrs head injury but on Wednesday European footballs governing body said it had no update on whether such an investigation would be forthcoming. The Premier League Doctors Group hopes to simplify the enforcement of concussion protocols courtesy of a diagnostic trial running in conjunction with Birmingham University throughout this season. Welcomed by the Professional Footballers Association, it involves the collection of saliva, blood and urine from injured players and uninjured control teammates. The Fiver: sign up and get our daily football email. These samples are exposed to the groundbreaking Birmingham concussion test developed by the academic neurosurgeon professor Tony Belli, which seeks molecules acting as biomarkers indicating whether the brain has suffered injury. The hope is a handheld saliva monitor will be introduced, possibly within two years. This is a really big breakthrough and its been developed in Britain, Belli said. Sports around the world have been looking for a more reliable and objective assessment for concussion than the current balance and memory tests. They are just not very accurate.
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Fabian Schr and David Ospina's head injuries raise concussion concerns.
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ctrlsum
| 0 |
https://www.theguardian.com/football/2019/mar/28/schar-ospina-concussion-test-head-injuries-football
| 0.227199 |
Do Schr and Ospina incidents show football has a concussion problem?
|
Breakthrough on a concussion test appears close but in the meantime there are questions about the treatment of head injuries Risk is part of lifes fabric and a big part of footballs attraction but when it comes to suspected concussion, even the most calculated gambles have no place in the game. Stringent protocols adopted by the Football Association perform a largely excellent job in protecting players with possible head injuries, while Fifa and Uefa competitions fall under the umbrella of separate, but broadly similar, guidelines. Unfortunately all such safety nets harbour one key flaw: there is no accurate diagnostic tool for concussion and assessment is determined on the judgment of individual doctors reliant primarily on potentially unreliable balance and memory checks. Although a Birmingham University research team are close to a breakthrough and have a saliva test on trial in the Premier League, the mantra is to err on the side of extreme caution. In the words of the FAs concussion guidelines: If in doubt, sit them out. Dereliction of duty Fabian Schr plays on for Swiss after being knocked out Read more Unfortunately Fabian Schr seemed to become an exception to this zero-tolerance approach when the Newcastle defender completed Switzerlands 2-0 win against Georgia in Tbilisi, despite having briefly lost consciousness during a first-half clash of heads. Schr said he had been knocked out for a few minutes and added my skull is buzzing. Switzerlands failure to withdraw him appeared so completely out of step with concussion guidelines Newcastles medical team, led by the club doctor Paul Catterson, were sufficiently alarmed to make urgent calls to Tbilisi. A joint decision was taken and Switzerland announced they were withdrawing Schr from Tuesdays game with Denmark but the real puzzle was why the Uefa protocols had not been immediately activated. As with the FA and the Premier League there should be a minimum six-day rest period before a player returns to play following a suspected concussion. Non-professionals lacking enhanced care should wait 19 days. Uefa protocol states: In the event of a suspected concussion, the referee stops the game for up to three minutes to allow the player to be assessed by the doctor. A player will only be allowed to continue playing on specific confirmation by the team doctor to the referee of the players fitness to carry on. In Schrs case there was a five-minute break before the referee was reassured, with everything apparently hinging on Switzerlands team doctor. Although a third, independent, tunnel doctor must be present at Premier League games to support and advise their two club counterparts, this rule is not mandatory elsewhere and there have been calls notably from the former Newcastle and England captain Alan Shearer and the global players union, Fifpro for a third neutral physician to be present at internationals and given the final say on head injuries. Such a presence could have altered the outcome in Georgia. Switzerland have defended themselves, saying Schr was examined in accordance with the sport concussion assessment tool and no neurological deficits could be detected. Moreover, post-game checks highlighted no abnormalities, they said. Facebook Twitter Pinterest Napoli goalkeeper David Ospina collapsed after sustaining a blow to the head in a collision with Udineses forward Ignacio Pussetto. Photograph: Carlo Hermann/AFP/Getty Images Comparable controversy recently surrounded the collapse of David Ospina, the Arsenal goalkeeper on loan at Napoli, during a Serie A game against Udinese. Ospina had played on, with head heavily bandaged following a collision, before fainting and being taken to hospital where scans mercifully proved clear. It is hard to envisage similar scenarios unfolding at St James Park where in common with other Premier League clubs Newcastle have not only a tunnel doctor augmenting club counterparts but operate a live video and audio feed linking the pitch and dugout to the clubs treatment room. From it medical staff offer frontline colleagues advice, typically helping assess the severity of injuries using a red, amber and green traffic-light system. Newcastles manager, Rafael Bentez is happy to cede autonomy in this sphere to Catterson, a highly qualified trauma expert who fully appreciates that, like Schr, players are often reluctant to be replaced after head injuries. He and Bentez became embroiled in extraordinary scenes involving the clubs former striker Aleksandar Mitrovic during the 2016 Tyne-Wear derby. With the score 1-1 in a vital relegation home match against Sam Allardyces Sunderland and all substitutes used, Mitrovic briefly lost consciousness following a blow to the head and was sidelined. Undeterred, the Serb swiftly attempted to return to the pitch and had to be restrained by a combination of Catterson and Bentez. Football needs to get house in order over concussion, and it is not alone | Sean Ingle Read more If Headway, the brain injury campaign group, was suitably unimpressed, its chief executive, Peter McCabe, was shocked by the Schr case. What is it going to take to make football take concussion seriously? he asked. Put simply, the decision to allow Fabian Schr to return to the field of play after suffering a clear concussion was not only incredibly dangerous but also a clear dereliction of duty. Headway has urged Uefa to open an inquiry into Schrs head injury but on Wednesday European footballs governing body said it had no update on whether such an investigation would be forthcoming. The Premier League Doctors Group hopes to simplify the enforcement of concussion protocols courtesy of a diagnostic trial running in conjunction with Birmingham University throughout this season. Welcomed by the Professional Footballers Association, it involves the collection of saliva, blood and urine from injured players and uninjured control teammates. The Fiver: sign up and get our daily football email. These samples are exposed to the groundbreaking Birmingham concussion test developed by the academic neurosurgeon professor Tony Belli, which seeks molecules acting as biomarkers indicating whether the brain has suffered injury. The hope is a handheld saliva monitor will be introduced, possibly within two years. This is a really big breakthrough and its been developed in Britain, Belli said. Sports around the world have been looking for a more reliable and objective assessment for concussion than the current balance and memory tests. They are just not very accurate.
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Fabian Schr and David Ospina's head injuries raise concussion concerns. Breakthrough on a concussion test appears close but there are questions about the treatment of head injuries.
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ctrlsum
| 1 |
https://www.theguardian.com/football/2019/mar/28/schar-ospina-concussion-test-head-injuries-football
| 0.235444 |
Do Schr and Ospina incidents show football has a concussion problem?
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Breakthrough on a concussion test appears close but in the meantime there are questions about the treatment of head injuries Risk is part of lifes fabric and a big part of footballs attraction but when it comes to suspected concussion, even the most calculated gambles have no place in the game. Stringent protocols adopted by the Football Association perform a largely excellent job in protecting players with possible head injuries, while Fifa and Uefa competitions fall under the umbrella of separate, but broadly similar, guidelines. Unfortunately all such safety nets harbour one key flaw: there is no accurate diagnostic tool for concussion and assessment is determined on the judgment of individual doctors reliant primarily on potentially unreliable balance and memory checks. Although a Birmingham University research team are close to a breakthrough and have a saliva test on trial in the Premier League, the mantra is to err on the side of extreme caution. In the words of the FAs concussion guidelines: If in doubt, sit them out. Dereliction of duty Fabian Schr plays on for Swiss after being knocked out Read more Unfortunately Fabian Schr seemed to become an exception to this zero-tolerance approach when the Newcastle defender completed Switzerlands 2-0 win against Georgia in Tbilisi, despite having briefly lost consciousness during a first-half clash of heads. Schr said he had been knocked out for a few minutes and added my skull is buzzing. Switzerlands failure to withdraw him appeared so completely out of step with concussion guidelines Newcastles medical team, led by the club doctor Paul Catterson, were sufficiently alarmed to make urgent calls to Tbilisi. A joint decision was taken and Switzerland announced they were withdrawing Schr from Tuesdays game with Denmark but the real puzzle was why the Uefa protocols had not been immediately activated. As with the FA and the Premier League there should be a minimum six-day rest period before a player returns to play following a suspected concussion. Non-professionals lacking enhanced care should wait 19 days. Uefa protocol states: In the event of a suspected concussion, the referee stops the game for up to three minutes to allow the player to be assessed by the doctor. A player will only be allowed to continue playing on specific confirmation by the team doctor to the referee of the players fitness to carry on. In Schrs case there was a five-minute break before the referee was reassured, with everything apparently hinging on Switzerlands team doctor. Although a third, independent, tunnel doctor must be present at Premier League games to support and advise their two club counterparts, this rule is not mandatory elsewhere and there have been calls notably from the former Newcastle and England captain Alan Shearer and the global players union, Fifpro for a third neutral physician to be present at internationals and given the final say on head injuries. Such a presence could have altered the outcome in Georgia. Switzerland have defended themselves, saying Schr was examined in accordance with the sport concussion assessment tool and no neurological deficits could be detected. Moreover, post-game checks highlighted no abnormalities, they said. Facebook Twitter Pinterest Napoli goalkeeper David Ospina collapsed after sustaining a blow to the head in a collision with Udineses forward Ignacio Pussetto. Photograph: Carlo Hermann/AFP/Getty Images Comparable controversy recently surrounded the collapse of David Ospina, the Arsenal goalkeeper on loan at Napoli, during a Serie A game against Udinese. Ospina had played on, with head heavily bandaged following a collision, before fainting and being taken to hospital where scans mercifully proved clear. It is hard to envisage similar scenarios unfolding at St James Park where in common with other Premier League clubs Newcastle have not only a tunnel doctor augmenting club counterparts but operate a live video and audio feed linking the pitch and dugout to the clubs treatment room. From it medical staff offer frontline colleagues advice, typically helping assess the severity of injuries using a red, amber and green traffic-light system. Newcastles manager, Rafael Bentez is happy to cede autonomy in this sphere to Catterson, a highly qualified trauma expert who fully appreciates that, like Schr, players are often reluctant to be replaced after head injuries. He and Bentez became embroiled in extraordinary scenes involving the clubs former striker Aleksandar Mitrovic during the 2016 Tyne-Wear derby. With the score 1-1 in a vital relegation home match against Sam Allardyces Sunderland and all substitutes used, Mitrovic briefly lost consciousness following a blow to the head and was sidelined. Undeterred, the Serb swiftly attempted to return to the pitch and had to be restrained by a combination of Catterson and Bentez. Football needs to get house in order over concussion, and it is not alone | Sean Ingle Read more If Headway, the brain injury campaign group, was suitably unimpressed, its chief executive, Peter McCabe, was shocked by the Schr case. What is it going to take to make football take concussion seriously? he asked. Put simply, the decision to allow Fabian Schr to return to the field of play after suffering a clear concussion was not only incredibly dangerous but also a clear dereliction of duty. Headway has urged Uefa to open an inquiry into Schrs head injury but on Wednesday European footballs governing body said it had no update on whether such an investigation would be forthcoming. The Premier League Doctors Group hopes to simplify the enforcement of concussion protocols courtesy of a diagnostic trial running in conjunction with Birmingham University throughout this season. Welcomed by the Professional Footballers Association, it involves the collection of saliva, blood and urine from injured players and uninjured control teammates. The Fiver: sign up and get our daily football email. These samples are exposed to the groundbreaking Birmingham concussion test developed by the academic neurosurgeon professor Tony Belli, which seeks molecules acting as biomarkers indicating whether the brain has suffered injury. The hope is a handheld saliva monitor will be introduced, possibly within two years. This is a really big breakthrough and its been developed in Britain, Belli said. Sports around the world have been looking for a more reliable and objective assessment for concussion than the current balance and memory tests. They are just not very accurate.
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Fabian Schr and David Ospina's head injuries raise concussion concerns. Breakthrough on a concussion test appears close but in the meantime there are questions about the treatment of head injuries. The FA and Uefa have strict concussion guidelines but there is no accurate diagnostic tool for concussion.
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ctrlsum
| 2 |
https://www.theguardian.com/football/2019/mar/28/schar-ospina-concussion-test-head-injuries-football
| 0.303612 |
Could Phoenix make another run at 90-degree weather next week?
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Warm weather is expected to continue across the Phoenix metro through the weekend, setting up another run toward the 90-degree mark next week. "Temperatures will hover slightly above the seasonal average through the weekend with only periods of passing high clouds," according to a National Weather Service forecast for the area. High temperatures are expected to hover around the mid to upper 80s with mostly clear skies through Monday, the forecast stated. By Tuesday, the current forecast predicts a high of 89 degrees, maybe even 90 degrees. "Slight warming is likely with a chance of finally hitting the first 90 in Phoenix by Tuesday," the Weather Service forecast stated. RELATED: It's time to guess the first 101-degree day Any weather disturbances passing through the state will remain to the north, producing only occasional breezes in the Valley. Nighttime temperatures will steadily climb from the mid-50s Thursday night to the low 60s by Monday night, the forecast said. Subscribe to azcentral.com. Northern Arizona forecast In the Flagstaff area, daytime temperatures Thursday will be around 10 degrees above normal, settling in around the low 60s. A dry cold front is forecast to make its away across the northern area of the state Friday, bringing cooler temperatures with it. Fair weather with mostly clear skies are on tap for the weekend in the Flagstaff area, the Weather Service forecast said. "Continued cooler conditions are expected for Saturday, before high pressure builds in on Sunday, starting a warming trend into early next week," according to the Flagstaff forecast. High temperatures will drop into the mid to upper 50s Friday and Saturday but return to 60 by Sunday and even the mid-60s by Monday. Low temperatures will remain in the upper 20s through the weekend and even the low 30s by Sunday night. Read or Share this story: https://www.azcentral.com/story/news/local/arizona-weather/2019/03/28/phoenix-could-make-another-run-90-degree-weather-next-week/3297651002/
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Warm weather is expected to continue across the Phoenix metro through the weekend. By Tuesday, the current forecast predicts a high of 89 degrees, maybe even 90 degrees.
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pegasus
| 1 |
https://www.azcentral.com/story/news/local/arizona-weather/2019/03/28/phoenix-could-make-another-run-90-degree-weather-next-week/3297651002/
| 0.411358 |
Could Phoenix make another run at 90-degree weather next week?
|
Warm weather is expected to continue across the Phoenix metro through the weekend, setting up another run toward the 90-degree mark next week. "Temperatures will hover slightly above the seasonal average through the weekend with only periods of passing high clouds," according to a National Weather Service forecast for the area. High temperatures are expected to hover around the mid to upper 80s with mostly clear skies through Monday, the forecast stated. By Tuesday, the current forecast predicts a high of 89 degrees, maybe even 90 degrees. "Slight warming is likely with a chance of finally hitting the first 90 in Phoenix by Tuesday," the Weather Service forecast stated. RELATED: It's time to guess the first 101-degree day Any weather disturbances passing through the state will remain to the north, producing only occasional breezes in the Valley. Nighttime temperatures will steadily climb from the mid-50s Thursday night to the low 60s by Monday night, the forecast said. Subscribe to azcentral.com. Northern Arizona forecast In the Flagstaff area, daytime temperatures Thursday will be around 10 degrees above normal, settling in around the low 60s. A dry cold front is forecast to make its away across the northern area of the state Friday, bringing cooler temperatures with it. Fair weather with mostly clear skies are on tap for the weekend in the Flagstaff area, the Weather Service forecast said. "Continued cooler conditions are expected for Saturday, before high pressure builds in on Sunday, starting a warming trend into early next week," according to the Flagstaff forecast. High temperatures will drop into the mid to upper 50s Friday and Saturday but return to 60 by Sunday and even the mid-60s by Monday. Low temperatures will remain in the upper 20s through the weekend and even the low 30s by Sunday night. Read or Share this story: https://www.azcentral.com/story/news/local/arizona-weather/2019/03/28/phoenix-could-make-another-run-90-degree-weather-next-week/3297651002/
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Warm weather is expected to continue across the Phoenix metro through the weekend. By Tuesday, the current forecast predicts a high of 89 degrees, maybe even 90 degrees. Nighttime temperatures will steadily climb from the mid-50s Thursday night to the low 60s by Monday night.
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bart
| 2 |
https://www.azcentral.com/story/news/local/arizona-weather/2019/03/28/phoenix-could-make-another-run-90-degree-weather-next-week/3297651002/
| 0.519437 |
Is Kyler Murray-Cardinals connection a smokescreen?
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One month before the 2018 draft, everyone knew that the Cleveland Browns were going with one of two players with the first overall pick. Mike Mayock, Daniel Jeremiah, Bucky Brooks, Mel Kiper, Matt Miller, Charles Davis, Peter Schrager, Peter King, Todd McShay and our own Albert Breer and Robert Klemko were all in agreement: either Sam Darnold or Josh Allen would be the Browns pick. It seems were traveling down a similar path this year. Nearly every major outletincluding this oneis predicting Oklahoma quarterback Kyler Murray to the Cardinals with the drafts first pick. This is the height of misinformation season, and its difficult to parse whats the truth and what teams are putting out there to purposely send us chasing down the wrong the story. Every time Im working on a mock draft and I think about all the tidbits Ive gathered in my reporting, I feel like Im in the Friends episode, The One Where Everybody Finds Out, where Phoebe utters the famous line, They dont know that we know they know we know! (And then I have to take a walk outside in the fresh air to clear the clutter in my brain and get past my existential mock draft crisis so I can file the dang thing on time.) One scout told me that last year, those in the know knew Darnold was never going in the first two picks. For both teams that held the first and second picks, the Browns and the Giantsit was Mayfield and Barkley all the way. The Murray hype could be part groupthink among us in the media and part smokescreen from Arizona. The fact that weve all glommed onto the narrative leads me to believe theres at least a chance Murray wont go No. 1. Theres certainly good reason for the Cardinals to be misleading us, through several public comments from head coach Kliff KIngsbury and general manager Steve Keim. If other teams think Arizona is serious about Murray, it will drive up the price of the first pick for a team that desperately wants to trade up and get him. While in Indianapolis for the combine, a scout I know posed an interesting theory that supports the idea that Murray will go first overall. Obviously, there were other factors influencing Murrays decision, like his love of football outweighing his love of baseball, but this idea got me to think. It is possible Murray already knows hell go No. I dont think its likely, but its another idea to consider. Because of what we saw last year with Mayfield, who no one was mentioning as the Browns preferred option this time last year, dont be surprised if draft night doesnt start with Kyler Murray to the Cardinals. NEWS AND NOTES: At Mississippi States pro day on Wednesday, defensive tackle Jeffery Simmons, six weeks removed from surgery to repair a torn ACL, put up 28 reps on the 225-pound bench press. Simmons will be an interesting player to watch in this draft. Hell slide because of his inability to play next season, but he could still go in the first round to a team that doesnt have the urgency to play him in 2019 . . . Arizona States Wednesday pro day benefitted from the fact that the owners meetings wrapping up nearbynot to mention ASU head coach Herm Edwardss NFL connectionsand drew more scouts and NFL personnel than it has in a long time. Broncos GM John Elway and 49ers GM John Lynch attended. According to Arizona Sports 98.7 FM, many in Tempe were speculating it was the most well-attended pro day since Terrell Suggs worked out, 16 years ago. The headliner was WR N'Keal Harry, who is projected to be picked in the late first round or second round. Email us at talkback@themmqb.com.
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Every major outlet is predicting Oklahoma quarterback Kyler Murray to the Cardinals. The Murray hype could be part groupthink among us in the media and part smokescreen.
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ctrlsum
| 1 |
https://www.si.com/nfl/2019/03/28/kyler-murray-arizona-cardinals-first-overall-pick-2018-baker-mayfield-browns-darnold-allen
| 0.408637 |
Is Kyler Murray-Cardinals connection a smokescreen?
|
One month before the 2018 draft, everyone knew that the Cleveland Browns were going with one of two players with the first overall pick. Mike Mayock, Daniel Jeremiah, Bucky Brooks, Mel Kiper, Matt Miller, Charles Davis, Peter Schrager, Peter King, Todd McShay and our own Albert Breer and Robert Klemko were all in agreement: either Sam Darnold or Josh Allen would be the Browns pick. It seems were traveling down a similar path this year. Nearly every major outletincluding this oneis predicting Oklahoma quarterback Kyler Murray to the Cardinals with the drafts first pick. This is the height of misinformation season, and its difficult to parse whats the truth and what teams are putting out there to purposely send us chasing down the wrong the story. Every time Im working on a mock draft and I think about all the tidbits Ive gathered in my reporting, I feel like Im in the Friends episode, The One Where Everybody Finds Out, where Phoebe utters the famous line, They dont know that we know they know we know! (And then I have to take a walk outside in the fresh air to clear the clutter in my brain and get past my existential mock draft crisis so I can file the dang thing on time.) One scout told me that last year, those in the know knew Darnold was never going in the first two picks. For both teams that held the first and second picks, the Browns and the Giantsit was Mayfield and Barkley all the way. The Murray hype could be part groupthink among us in the media and part smokescreen from Arizona. The fact that weve all glommed onto the narrative leads me to believe theres at least a chance Murray wont go No. 1. Theres certainly good reason for the Cardinals to be misleading us, through several public comments from head coach Kliff KIngsbury and general manager Steve Keim. If other teams think Arizona is serious about Murray, it will drive up the price of the first pick for a team that desperately wants to trade up and get him. While in Indianapolis for the combine, a scout I know posed an interesting theory that supports the idea that Murray will go first overall. Obviously, there were other factors influencing Murrays decision, like his love of football outweighing his love of baseball, but this idea got me to think. It is possible Murray already knows hell go No. I dont think its likely, but its another idea to consider. Because of what we saw last year with Mayfield, who no one was mentioning as the Browns preferred option this time last year, dont be surprised if draft night doesnt start with Kyler Murray to the Cardinals. NEWS AND NOTES: At Mississippi States pro day on Wednesday, defensive tackle Jeffery Simmons, six weeks removed from surgery to repair a torn ACL, put up 28 reps on the 225-pound bench press. Simmons will be an interesting player to watch in this draft. Hell slide because of his inability to play next season, but he could still go in the first round to a team that doesnt have the urgency to play him in 2019 . . . Arizona States Wednesday pro day benefitted from the fact that the owners meetings wrapping up nearbynot to mention ASU head coach Herm Edwardss NFL connectionsand drew more scouts and NFL personnel than it has in a long time. Broncos GM John Elway and 49ers GM John Lynch attended. According to Arizona Sports 98.7 FM, many in Tempe were speculating it was the most well-attended pro day since Terrell Suggs worked out, 16 years ago. The headliner was WR N'Keal Harry, who is projected to be picked in the late first round or second round. Email us at talkback@themmqb.com.
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Every major outlet is predicting Oklahoma quarterback Kyler Murray to the Cardinals with the drafts first pick. The Murray hype could be part groupthink among us in the media and part smokescreen from Arizona. It is possible Murray already knows hell go No. 1.
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ctrlsum
| 2 |
https://www.si.com/nfl/2019/03/28/kyler-murray-arizona-cardinals-first-overall-pick-2018-baker-mayfield-browns-darnold-allen
| 0.479651 |
Can NASA really put astronauts on the Moon in 2024?
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NASA can probably meet the Trump administration's aggressive moon-landing timeline, experts say but it won't be easy. On Tuesday (March 26), Vice President Mike Pence instructed NASA to put astronauts on the lunar surface by 2024, four years earlier than previously planned. Such urgency is required to safeguard the country's leadership and dominance in space, Pence said. "The United States must remain first in space in this century as in the last, not just to propel our economy and secure our nation, but above all, because the rules and values of space, like every great frontier, will be written by those who have the courage to get there first and the commitment to stay," the vice president said during the fifth meeting of the National Space Council, which he chairs. Related: US Is in a New Space Race with China and Russia, VP Pence Says NASA Administrator Jim Bridenstine voiced confidence that the 2024 goal is achievable. So did aerospace firm Lockheed Martin, the prime contractor for Orion, the crew capsule that NASA astronauts will ride toward the moon and other deep-space destinations. For example, Lockheed representatives said the company could build a crewed lunar lander relatively quickly, by leveraging technologies developed for Orion. This lander could touch down by 2024, provided it departs from an "early version" of the Gateway , the moon-orbiting space station that NASA plans to start building in 2022 as a fulcrum for landing operations. "This approach delivers an earlier landing capability featuring reusable technology that also lays a foundation for a future expanded, sustainable human presence at the moon," Lisa Callahan, vice president and general manager of commercial civil space at Lockheed Martin Space, said in an emailed statement. "This is an aggressive but achievable schedule and could be the catalyst to help jump-start a new era of human exploration of the moon, Mars and beyond." And experts who don't have any skin in the game agreed that 2024 is doable. "This was not done casually," said space policy expert John Logsdon, a professor emeritus of political science and international affairs at The George Washington University's Elliott School of International Affairs in Washington, D.C. "The people at the space council are smart people, and they would not set a date like that without some sense that it was possible," he told Space.com. "I think it's feasible," space policy expert Brian Weeden, director of program planning at the nonprofit Secure World Foundation, told Space.com. However, staying on this ambitious schedule will require concerted effort by NASA, the White House, and the Office of Management and Budget, Logsdon stressed. Callahan acknowledged this reality in her statement, and Weeden made a similar point. "The question has always been politics," Weeden said. Historically, Congress and the White House tend to pull NASA in different directions, he explained, and the agency doesn't have enough money to do all that it's asked to do. So, the executive and legislative branches will have to get on the same page and stay there to make 2024 happen, Weeden said. And NASA may have to adjust its deep-space strategy as well, he added. That strategy involves lofting astronauts using Orion and the Space Launch System (SLS), a giant rocket that's still in development. SLS is scheduled to launch for the first time in 2020, when it will send Orion on an uncrewed test flight around the moon, an endeavor known as Exploration Mission 1 (EM-1). But SLS has experienced multiple delays, so meeting the 2024 deadline may require going with "some sort of commercial solution," Weeden said. Either way, he added, NASA and the nation will likely have to accept some increased risk. "If the goal is to land people on the moon by 2024, that doesn't leave a lot of time to do test flights," Weeden said. "Whether or not it's too risky is above my pay grade. This is a huge debate." Original article on Space.com.
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Vice President Mike Pence instructed NASA to put astronauts on the lunar surface by 2024.
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bart
| 0 |
https://www.foxnews.com/science/can-nasa-really-put-astronauts-on-the-moon-in-2024
| 0.333636 |
Can NASA really put astronauts on the Moon in 2024?
|
NASA can probably meet the Trump administration's aggressive moon-landing timeline, experts say but it won't be easy. On Tuesday (March 26), Vice President Mike Pence instructed NASA to put astronauts on the lunar surface by 2024, four years earlier than previously planned. Such urgency is required to safeguard the country's leadership and dominance in space, Pence said. "The United States must remain first in space in this century as in the last, not just to propel our economy and secure our nation, but above all, because the rules and values of space, like every great frontier, will be written by those who have the courage to get there first and the commitment to stay," the vice president said during the fifth meeting of the National Space Council, which he chairs. Related: US Is in a New Space Race with China and Russia, VP Pence Says NASA Administrator Jim Bridenstine voiced confidence that the 2024 goal is achievable. So did aerospace firm Lockheed Martin, the prime contractor for Orion, the crew capsule that NASA astronauts will ride toward the moon and other deep-space destinations. For example, Lockheed representatives said the company could build a crewed lunar lander relatively quickly, by leveraging technologies developed for Orion. This lander could touch down by 2024, provided it departs from an "early version" of the Gateway , the moon-orbiting space station that NASA plans to start building in 2022 as a fulcrum for landing operations. "This approach delivers an earlier landing capability featuring reusable technology that also lays a foundation for a future expanded, sustainable human presence at the moon," Lisa Callahan, vice president and general manager of commercial civil space at Lockheed Martin Space, said in an emailed statement. "This is an aggressive but achievable schedule and could be the catalyst to help jump-start a new era of human exploration of the moon, Mars and beyond." And experts who don't have any skin in the game agreed that 2024 is doable. "This was not done casually," said space policy expert John Logsdon, a professor emeritus of political science and international affairs at The George Washington University's Elliott School of International Affairs in Washington, D.C. "The people at the space council are smart people, and they would not set a date like that without some sense that it was possible," he told Space.com. "I think it's feasible," space policy expert Brian Weeden, director of program planning at the nonprofit Secure World Foundation, told Space.com. However, staying on this ambitious schedule will require concerted effort by NASA, the White House, and the Office of Management and Budget, Logsdon stressed. Callahan acknowledged this reality in her statement, and Weeden made a similar point. "The question has always been politics," Weeden said. Historically, Congress and the White House tend to pull NASA in different directions, he explained, and the agency doesn't have enough money to do all that it's asked to do. So, the executive and legislative branches will have to get on the same page and stay there to make 2024 happen, Weeden said. And NASA may have to adjust its deep-space strategy as well, he added. That strategy involves lofting astronauts using Orion and the Space Launch System (SLS), a giant rocket that's still in development. SLS is scheduled to launch for the first time in 2020, when it will send Orion on an uncrewed test flight around the moon, an endeavor known as Exploration Mission 1 (EM-1). But SLS has experienced multiple delays, so meeting the 2024 deadline may require going with "some sort of commercial solution," Weeden said. Either way, he added, NASA and the nation will likely have to accept some increased risk. "If the goal is to land people on the moon by 2024, that doesn't leave a lot of time to do test flights," Weeden said. "Whether or not it's too risky is above my pay grade. This is a huge debate." Original article on Space.com.
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Vice President Mike Pence instructed NASA to put astronauts on the lunar surface by 2024. Pence said the urgency is required to safeguard the country's leadership and dominance in space. NASA Administrator Jim Bridenstine voiced confidence that the 2024 goal is achievable.
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bart
| 1 |
https://www.foxnews.com/science/can-nasa-really-put-astronauts-on-the-moon-in-2024
| 0.368611 |
Can NASA really put astronauts on the Moon in 2024?
|
NASA can probably meet the Trump administration's aggressive moon-landing timeline, experts say but it won't be easy. On Tuesday (March 26), Vice President Mike Pence instructed NASA to put astronauts on the lunar surface by 2024, four years earlier than previously planned. Such urgency is required to safeguard the country's leadership and dominance in space, Pence said. "The United States must remain first in space in this century as in the last, not just to propel our economy and secure our nation, but above all, because the rules and values of space, like every great frontier, will be written by those who have the courage to get there first and the commitment to stay," the vice president said during the fifth meeting of the National Space Council, which he chairs. Related: US Is in a New Space Race with China and Russia, VP Pence Says NASA Administrator Jim Bridenstine voiced confidence that the 2024 goal is achievable. So did aerospace firm Lockheed Martin, the prime contractor for Orion, the crew capsule that NASA astronauts will ride toward the moon and other deep-space destinations. For example, Lockheed representatives said the company could build a crewed lunar lander relatively quickly, by leveraging technologies developed for Orion. This lander could touch down by 2024, provided it departs from an "early version" of the Gateway , the moon-orbiting space station that NASA plans to start building in 2022 as a fulcrum for landing operations. "This approach delivers an earlier landing capability featuring reusable technology that also lays a foundation for a future expanded, sustainable human presence at the moon," Lisa Callahan, vice president and general manager of commercial civil space at Lockheed Martin Space, said in an emailed statement. "This is an aggressive but achievable schedule and could be the catalyst to help jump-start a new era of human exploration of the moon, Mars and beyond." And experts who don't have any skin in the game agreed that 2024 is doable. "This was not done casually," said space policy expert John Logsdon, a professor emeritus of political science and international affairs at The George Washington University's Elliott School of International Affairs in Washington, D.C. "The people at the space council are smart people, and they would not set a date like that without some sense that it was possible," he told Space.com. "I think it's feasible," space policy expert Brian Weeden, director of program planning at the nonprofit Secure World Foundation, told Space.com. However, staying on this ambitious schedule will require concerted effort by NASA, the White House, and the Office of Management and Budget, Logsdon stressed. Callahan acknowledged this reality in her statement, and Weeden made a similar point. "The question has always been politics," Weeden said. Historically, Congress and the White House tend to pull NASA in different directions, he explained, and the agency doesn't have enough money to do all that it's asked to do. So, the executive and legislative branches will have to get on the same page and stay there to make 2024 happen, Weeden said. And NASA may have to adjust its deep-space strategy as well, he added. That strategy involves lofting astronauts using Orion and the Space Launch System (SLS), a giant rocket that's still in development. SLS is scheduled to launch for the first time in 2020, when it will send Orion on an uncrewed test flight around the moon, an endeavor known as Exploration Mission 1 (EM-1). But SLS has experienced multiple delays, so meeting the 2024 deadline may require going with "some sort of commercial solution," Weeden said. Either way, he added, NASA and the nation will likely have to accept some increased risk. "If the goal is to land people on the moon by 2024, that doesn't leave a lot of time to do test flights," Weeden said. "Whether or not it's too risky is above my pay grade. This is a huge debate." Original article on Space.com.
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Vice President Mike Pence instructed NASA to put astronauts on the lunar surface by 2024. The 2024 deadline is four years earlier than previously planned. NASA Administrator Jim Bridenstine voiced confidence that the 2024 goal is achievable. Lockheed Martin, the prime contractor for Orion, the crew capsule that NASA astronauts will ride toward the moon and other deep-space destinations.
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bart
| 2 |
https://www.foxnews.com/science/can-nasa-really-put-astronauts-on-the-moon-in-2024
| 0.469349 |
Are we really in a new space race with China and Russia?
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Appeal to America's competitive spirit, apparently. That's the current administration's apparent tactic, at any rate, as revealed by Vice President Mike Pence during a speech to a meeting of the National Space Council held on March 26. There, he unveiled the administration's new schedule for landing humans on the moon again now pushed up from 2028 to 2024, just five years from now. And he referenced Russian and Chinese activities in space and uttered those magic, rhyming words. "Make no mistake about it, we're in a space race today, just as we were in the 1960s, and the stakes are even higher," Pence said. He went on to detail two types of competitions that the administration argues are unfolding in the realm of human lunar spaceflight international, with Pence citing China and Russia by name; and internal, with our own complacency. Related: US Is in a New Space Race with China and Russia, VP Pence Says On the international stage, Pence highlighted two potential opponents. "Last December [ in fact, Jan. 2, 2019 ], China became the first nation to land on the far side of the moon, and revealed their ambition to seize the lunar strategic high ground and become the world's pre-eminent spacefaring nation," Pence said. "And for more than seven years, without a viable human space launch program of our own, Russia has been charging the United States more than $80 million a seat every time an American astronaut travels to the International Space Station." But neither country seems to be particularly interested in joining America in this race, space policy experts told Space.com. To be fair, the first space race was also not particularly consensually constructed. "We entered into a competition to get to the moon in the '60s without knowing what the Soviet Union was doing, and so we made up the fact that they could potentially build a moon rocket on the same time schedule as we did," John Logsdon, a space historian at The George Washington University, told Space.com. "It turned out they started two and a half years behind us and never had much of a chance." No one to race This time around, it seems unlikely the U.S. will attract any serious competition when it comes to putting humans on the moon for a very simple reason Pence's highlighted competitors don't seem to have any interest in speeding toward that goal. "The Russians don't have a stated public interest in going to the moon with human spaceflight," Wendy Whitman Cobb, a political scientist at Cameron University in Oklahoma, told Space.com. "[The Chinese] have taken a purposefully slow, methodical approach to spaceflight and for them, I think the motivations are more in the military and national prestige realms." China is certainly interested in the moon, but its current timeline puts human landings sometime after 2030, slower even than NASA's timeline before this week's aggressive rescheduling. Right now, its human spaceflight aspirations are directed elsewhere: to a space station called Tiangong 3, the first module of which is due to launch within the next year or so. "They're not exactly racing to the moon," Brian Weeden, director of program planning of Secure World Foundation, told Space.com. "I'm sure China is thinking about the moon and getting back there, but I have not seen any concrete plans with timelines and budgets to do so." Where China is feeling the competitive drive, instead, comes in the military realm, Whitman Cobb said, and here's where the comparison to the Cold War space race makes sense. "Spaceflight is just a ballistic missile pointed in a different direction," she said. "There probably would not have been a space race if it hadn't been that we could use that as a peaceful demonstration of military capabilities." But still, China isn't in a position to truly compete, Weeden said. "Pretty much everything they're doing are things the U.S. already has done in the past," he said. "China is still catching up." And even if Russia wants to reprise its role in the Apollo-era space race, they're in a weak starting position. "I think that's a nonstarter in my view," Logsdon said of either country competing with the U.S. "The Russian space program is just in chaotic condition, they're in no shape to take on a major challenge." Races closer to home After referencing China and Russia, Pence highlighted the ways he believes a lack of urgency for a new moon landing among Americans in general and at NASA in particular is the real factor hobbling the next "giant leap." And for Logsdon, that was the real takeaway from Pence's speech. I didn't hear a whole lot of that in what Pence had to say," he said. "I think it's more, this is taking too long on our own terms, not that we've got to go faster because we're racing somebody. I think you have to pay kind of lip service to the fact that Russia and China also are interested in major space activities, but say it's really a challenge to us to do better." For some, framing the increasingly aggressive lunar landing timeline on the international stage may be a tactic to encourage the government to fork over more money for the effort, according to Weeden. "There are certainly people who want people to think that there's a race," he said. "It's motivational, there's a strain of thinking that the only reason we were able to go to the moon in the first place was this competition with the Soviets." Of course, there's another type of race on the horizon the regular schedule of presidential elections. And here, the new target date of 2024 for this space race is striking. "It's the last year of the Trump administration, assuming he wins a second term," Whitman Cobb said. "That's one way to burnish your legacy." Original article on Space.com.
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Vice President Mike Pence said the U.S. is in a new space race with China and Russia.
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bart
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https://www.foxnews.com/science/are-we-really-in-a-new-space-race-with-china-and-russia
| 0.321393 |
Are we really in a new space race with China and Russia?
|
Appeal to America's competitive spirit, apparently. That's the current administration's apparent tactic, at any rate, as revealed by Vice President Mike Pence during a speech to a meeting of the National Space Council held on March 26. There, he unveiled the administration's new schedule for landing humans on the moon again now pushed up from 2028 to 2024, just five years from now. And he referenced Russian and Chinese activities in space and uttered those magic, rhyming words. "Make no mistake about it, we're in a space race today, just as we were in the 1960s, and the stakes are even higher," Pence said. He went on to detail two types of competitions that the administration argues are unfolding in the realm of human lunar spaceflight international, with Pence citing China and Russia by name; and internal, with our own complacency. Related: US Is in a New Space Race with China and Russia, VP Pence Says On the international stage, Pence highlighted two potential opponents. "Last December [ in fact, Jan. 2, 2019 ], China became the first nation to land on the far side of the moon, and revealed their ambition to seize the lunar strategic high ground and become the world's pre-eminent spacefaring nation," Pence said. "And for more than seven years, without a viable human space launch program of our own, Russia has been charging the United States more than $80 million a seat every time an American astronaut travels to the International Space Station." But neither country seems to be particularly interested in joining America in this race, space policy experts told Space.com. To be fair, the first space race was also not particularly consensually constructed. "We entered into a competition to get to the moon in the '60s without knowing what the Soviet Union was doing, and so we made up the fact that they could potentially build a moon rocket on the same time schedule as we did," John Logsdon, a space historian at The George Washington University, told Space.com. "It turned out they started two and a half years behind us and never had much of a chance." No one to race This time around, it seems unlikely the U.S. will attract any serious competition when it comes to putting humans on the moon for a very simple reason Pence's highlighted competitors don't seem to have any interest in speeding toward that goal. "The Russians don't have a stated public interest in going to the moon with human spaceflight," Wendy Whitman Cobb, a political scientist at Cameron University in Oklahoma, told Space.com. "[The Chinese] have taken a purposefully slow, methodical approach to spaceflight and for them, I think the motivations are more in the military and national prestige realms." China is certainly interested in the moon, but its current timeline puts human landings sometime after 2030, slower even than NASA's timeline before this week's aggressive rescheduling. Right now, its human spaceflight aspirations are directed elsewhere: to a space station called Tiangong 3, the first module of which is due to launch within the next year or so. "They're not exactly racing to the moon," Brian Weeden, director of program planning of Secure World Foundation, told Space.com. "I'm sure China is thinking about the moon and getting back there, but I have not seen any concrete plans with timelines and budgets to do so." Where China is feeling the competitive drive, instead, comes in the military realm, Whitman Cobb said, and here's where the comparison to the Cold War space race makes sense. "Spaceflight is just a ballistic missile pointed in a different direction," she said. "There probably would not have been a space race if it hadn't been that we could use that as a peaceful demonstration of military capabilities." But still, China isn't in a position to truly compete, Weeden said. "Pretty much everything they're doing are things the U.S. already has done in the past," he said. "China is still catching up." And even if Russia wants to reprise its role in the Apollo-era space race, they're in a weak starting position. "I think that's a nonstarter in my view," Logsdon said of either country competing with the U.S. "The Russian space program is just in chaotic condition, they're in no shape to take on a major challenge." Races closer to home After referencing China and Russia, Pence highlighted the ways he believes a lack of urgency for a new moon landing among Americans in general and at NASA in particular is the real factor hobbling the next "giant leap." And for Logsdon, that was the real takeaway from Pence's speech. I didn't hear a whole lot of that in what Pence had to say," he said. "I think it's more, this is taking too long on our own terms, not that we've got to go faster because we're racing somebody. I think you have to pay kind of lip service to the fact that Russia and China also are interested in major space activities, but say it's really a challenge to us to do better." For some, framing the increasingly aggressive lunar landing timeline on the international stage may be a tactic to encourage the government to fork over more money for the effort, according to Weeden. "There are certainly people who want people to think that there's a race," he said. "It's motivational, there's a strain of thinking that the only reason we were able to go to the moon in the first place was this competition with the Soviets." Of course, there's another type of race on the horizon the regular schedule of presidential elections. And here, the new target date of 2024 for this space race is striking. "It's the last year of the Trump administration, assuming he wins a second term," Whitman Cobb said. "That's one way to burnish your legacy." Original article on Space.com.
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Vice President Mike Pence said the U.S. is in a new space race with China and Russia. But neither country seems to be particularly interested in joining America in this race.
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ctrlsum
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https://www.foxnews.com/science/are-we-really-in-a-new-space-race-with-china-and-russia
| 0.369951 |
Are we really in a new space race with China and Russia?
|
Appeal to America's competitive spirit, apparently. That's the current administration's apparent tactic, at any rate, as revealed by Vice President Mike Pence during a speech to a meeting of the National Space Council held on March 26. There, he unveiled the administration's new schedule for landing humans on the moon again now pushed up from 2028 to 2024, just five years from now. And he referenced Russian and Chinese activities in space and uttered those magic, rhyming words. "Make no mistake about it, we're in a space race today, just as we were in the 1960s, and the stakes are even higher," Pence said. He went on to detail two types of competitions that the administration argues are unfolding in the realm of human lunar spaceflight international, with Pence citing China and Russia by name; and internal, with our own complacency. Related: US Is in a New Space Race with China and Russia, VP Pence Says On the international stage, Pence highlighted two potential opponents. "Last December [ in fact, Jan. 2, 2019 ], China became the first nation to land on the far side of the moon, and revealed their ambition to seize the lunar strategic high ground and become the world's pre-eminent spacefaring nation," Pence said. "And for more than seven years, without a viable human space launch program of our own, Russia has been charging the United States more than $80 million a seat every time an American astronaut travels to the International Space Station." But neither country seems to be particularly interested in joining America in this race, space policy experts told Space.com. To be fair, the first space race was also not particularly consensually constructed. "We entered into a competition to get to the moon in the '60s without knowing what the Soviet Union was doing, and so we made up the fact that they could potentially build a moon rocket on the same time schedule as we did," John Logsdon, a space historian at The George Washington University, told Space.com. "It turned out they started two and a half years behind us and never had much of a chance." No one to race This time around, it seems unlikely the U.S. will attract any serious competition when it comes to putting humans on the moon for a very simple reason Pence's highlighted competitors don't seem to have any interest in speeding toward that goal. "The Russians don't have a stated public interest in going to the moon with human spaceflight," Wendy Whitman Cobb, a political scientist at Cameron University in Oklahoma, told Space.com. "[The Chinese] have taken a purposefully slow, methodical approach to spaceflight and for them, I think the motivations are more in the military and national prestige realms." China is certainly interested in the moon, but its current timeline puts human landings sometime after 2030, slower even than NASA's timeline before this week's aggressive rescheduling. Right now, its human spaceflight aspirations are directed elsewhere: to a space station called Tiangong 3, the first module of which is due to launch within the next year or so. "They're not exactly racing to the moon," Brian Weeden, director of program planning of Secure World Foundation, told Space.com. "I'm sure China is thinking about the moon and getting back there, but I have not seen any concrete plans with timelines and budgets to do so." Where China is feeling the competitive drive, instead, comes in the military realm, Whitman Cobb said, and here's where the comparison to the Cold War space race makes sense. "Spaceflight is just a ballistic missile pointed in a different direction," she said. "There probably would not have been a space race if it hadn't been that we could use that as a peaceful demonstration of military capabilities." But still, China isn't in a position to truly compete, Weeden said. "Pretty much everything they're doing are things the U.S. already has done in the past," he said. "China is still catching up." And even if Russia wants to reprise its role in the Apollo-era space race, they're in a weak starting position. "I think that's a nonstarter in my view," Logsdon said of either country competing with the U.S. "The Russian space program is just in chaotic condition, they're in no shape to take on a major challenge." Races closer to home After referencing China and Russia, Pence highlighted the ways he believes a lack of urgency for a new moon landing among Americans in general and at NASA in particular is the real factor hobbling the next "giant leap." And for Logsdon, that was the real takeaway from Pence's speech. I didn't hear a whole lot of that in what Pence had to say," he said. "I think it's more, this is taking too long on our own terms, not that we've got to go faster because we're racing somebody. I think you have to pay kind of lip service to the fact that Russia and China also are interested in major space activities, but say it's really a challenge to us to do better." For some, framing the increasingly aggressive lunar landing timeline on the international stage may be a tactic to encourage the government to fork over more money for the effort, according to Weeden. "There are certainly people who want people to think that there's a race," he said. "It's motivational, there's a strain of thinking that the only reason we were able to go to the moon in the first place was this competition with the Soviets." Of course, there's another type of race on the horizon the regular schedule of presidential elections. And here, the new target date of 2024 for this space race is striking. "It's the last year of the Trump administration, assuming he wins a second term," Whitman Cobb said. "That's one way to burnish your legacy." Original article on Space.com.
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Vice President Mike Pence said the U.S. is in a new space race with China and Russia. But neither country seems particularly interested in joining America in this race, space policy experts told Space.com. China is certainly interested in the moon, but its current timeline puts human landings sometime after 2030.
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| 2 |
https://www.foxnews.com/science/are-we-really-in-a-new-space-race-with-china-and-russia
| 0.437366 |
Is Oregon States Scott Rueck a candidate for Tennessee womens basketball coaching job?
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ALBANY, N.Y. Tennessee coach Holly Warlick was fired Tuesday as womens basketball coach, and speculation immediately turned who will become coach of the storied Vols program. The media list of coaching candidates is deep and varied, and at least one includes Oregon State coach Scott Rueck, whose Beavers play Louisville at 6:30 p.m. Friday in a Sweet Sixteen matchup in Albany. The Knoxville News Sentinel put together a list of 15 prospects, and includes Rueck among its top tier of Swing for the fences coaches. Wrote the News Sentinel: Rueck, 49, was born in Oregon, played at Oregon State and has spent his entire coaching career within the state. The Lady Vols got a close look at his program last year, when the Beavers eliminated Tennessee in the second round of the NCAA Tournament en route to the Elite Eight. Oregon State is a No. 4 seed in the midst of its sixth straight NCAA Tournament appearance. The Beavers have made four consecutive Sweet 16 appearances, including the program's only Final Four in 2016. Rueck actually didnt play at Oregon State, though he attended and graduated from the school. Rueck has been a head coach for 23 years, 14 at George Fox and nine at OSU. Most speculation regarding Tennessees next coach is focused on Louisvilles Jeff Walz, whose Cardinals are the top seed in the Albany regional. More on this story as it develops. --Nick Daschel | ndaschel@oregonian.com | @nickdaschel Visit subscription.oregonlive.com/newsletters to get Oregonian/OregonLive journalism delivered to your email inbox.
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Oregon State coach Scott Rueck is a candidate for Tennessee women's basketball coaching job. Rueck played at Oregon State, though he didn't play for the Beavers.
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https://www.oregonlive.com/beavers/2019/03/is-oregon-states-scott-rueck-a-candidate-for-tennessee-womens-basketball-coaching-job.html
| 0.510868 |
Is Oregon States Scott Rueck a candidate for Tennessee womens basketball coaching job?
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ALBANY, N.Y. Tennessee coach Holly Warlick was fired Tuesday as womens basketball coach, and speculation immediately turned who will become coach of the storied Vols program. The media list of coaching candidates is deep and varied, and at least one includes Oregon State coach Scott Rueck, whose Beavers play Louisville at 6:30 p.m. Friday in a Sweet Sixteen matchup in Albany. The Knoxville News Sentinel put together a list of 15 prospects, and includes Rueck among its top tier of Swing for the fences coaches. Wrote the News Sentinel: Rueck, 49, was born in Oregon, played at Oregon State and has spent his entire coaching career within the state. The Lady Vols got a close look at his program last year, when the Beavers eliminated Tennessee in the second round of the NCAA Tournament en route to the Elite Eight. Oregon State is a No. 4 seed in the midst of its sixth straight NCAA Tournament appearance. The Beavers have made four consecutive Sweet 16 appearances, including the program's only Final Four in 2016. Rueck actually didnt play at Oregon State, though he attended and graduated from the school. Rueck has been a head coach for 23 years, 14 at George Fox and nine at OSU. Most speculation regarding Tennessees next coach is focused on Louisvilles Jeff Walz, whose Cardinals are the top seed in the Albany regional. More on this story as it develops. --Nick Daschel | ndaschel@oregonian.com | @nickdaschel Visit subscription.oregonlive.com/newsletters to get Oregonian/OregonLive journalism delivered to your email inbox.
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Tennessee fired women's basketball coach Holly Warlick on Tuesday. Speculation immediately turned to who would replace Warlick. Oregon State coach Scott Rueck is one of the top names on the list. Rueck's Beavers play Louisville at 6:30 p.m. Friday in a Sweet Sixteen matchup in Albany.
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pegasus
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https://www.oregonlive.com/beavers/2019/03/is-oregon-states-scott-rueck-a-candidate-for-tennessee-womens-basketball-coaching-job.html
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Why Hasn't The Gig Economy Killed Traditional Work?
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Enlarge this image MARK RALSTON/AFP/Getty Images MARK RALSTON/AFP/Getty Images NOTE: This is an excerpt of Planet Money's newsletter. You can sign up here. In recent months, a slew of studies has debunked predictions that we're witnessing the dawn of a new "gig economy." The U.S. Bureau of Labor Statistics (BLS) found that there was actually a decline in the categories of jobs associated with the gig economy between 2005 and 2017. Larry Katz and the late Alan Krueger then revised their influential study that had originally found gig work was exploding. Instead, they found it had only grown modestly. Other economists ended up finding the same and now writers are declaring the gig economy is "a big nothingburger." The Gig Revolution's True Believer Arun Sundararajan, a professor at the NYU Stern School of Business and the author of The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism, remains a true believer in the gig revolution. Sundararajan has been pushing the idea that the gig economy and specifically work done through digital platforms like Uber and Airbnb will conquer traditional employment. Instead of an economy dominated by big corporations, he believes it will be dominated by "a crowd" of self-employed entrepreneurs and workers transacting with customers through digital platforms. "We are in the early days of a fundamental reorganization of the economy," Sundararajan said while riding to the airport in, naturally, an Uber. When asked about the onslaught of data contradicting his thesis, Sundararajan said the Bureau of Labor Statistics continues "to underestimate the size of the gig economy and in particular of the platform-based gig economy." The best BLS estimate of the number of gig workers employed through digital platforms whether full-time, part-time or occasionally is one percent of the total U.S. workforce, or about 1.6 million workers, as of mid-2017. Sundararajan argues that the survey questions the BLS used to gather this data were clunky and don't quite capture what's going on. While Sundararajan disagrees with estimates about the size of the gig economy, he agrees that most people doing new gig work are either Uber and Lyft drivers or Airbnb hosts. It's no coincidence that housing and transportation have been the two main areas of growth. Homes and cars are the most valuable things many people possess, and the Internet and smartphones have made using them to make extra money much easier. Sundararajan makes a good case that there will be growth in areas like health care and accounting as well, but there is little evidence to suggest we're witnessing "the end of employment." The Resilience Of Traditional Employment Employment as a we know it is a relatively new development. At the turn of the 20th century, almost half of Americans were still self-employed as farmers and ranchers and artisans. But in the background, a mighty organization called the company was taking off. By 1960, around 85% of Americans were employees of companies. While Sundararajan believes our economy will once again be dominated by the self-employed, he admits that full-time employment has "tons of advantages." It offers stability, a steady paycheck, and benefits. We've collectively engineered much of our social safety net around participating in this system. All of this means, Sundararajan says, "we're going to see full-time employment remain resilient, even though there are more efficient ways of organizing economic activity." He believes work done through gig platforms can be more efficient than work done in a traditional company and that will spell the company's doom. The Mysterious Benefits Of The Firm Economists were long confused by the existence of companies. They celebrated prices and competition and it seemed natural that the most efficient way to do business was as individuals transacting within the open market. Hire one for a few weeks. Work for the highest bidder until the project is done. From this traditional view, it seemed odd that we would organize ourselves as full-time employees in top-down, bureaucratic organizations insulated from the market. Then came Ronald Coase, who won a Nobel Prize in 1991 in large part because of his 1937 paper, "The Nature of The Firm." Coase argued that the reason firms exist is that it's costly for individuals to transact in the market. You have to search for trustworthy people with quality goods or services and then haggle with them, and doing this over and over is inefficient. Within a company, Coase argued, these "transaction costs" are minimized. You can quickly walk to your colleague's desk and share ideas without having to figure out if they're shady. You can share resources, tools, and machinery. You can work in a team and specialize in different tasks. And you can do this all without having to continually negotiate over the price of everything. The dawn of a new gig economy has seemed plausible because the Internet has been dramatically reducing transaction costs. Search engines have made it incredibly cheap to find goods and services, compare prices, and get bargains. Social media and peer reviews have made it easier to determine if people are trustworthy. E-commerce has made it easier process payments. You can click a button on a mobile phone and instantaneously have GPS guide drivers right to you. But as big as these efficiency gains have been, a new economy based on crowds of people doing gigs through digital platformsas exciting or scary as that might soundstill doesn't compare to one based on the efficiencies and stability of the good old-fashioned company. Well, it looks even better in your inbox! You can sign up here.
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A slew of studies has debunked predictions that we're witnessing the dawn of a new "gig economy" One expert remains a true believer in the gig revolution. The Resilience of Traditional Employment remains resilient, says the professor who wrote the book about the gig economy.
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https://www.npr.org/sections/money/2019/03/26/706683593/why-hasnt-the-gig-economy-killed-traditional-work?utm_medium=RSS&utm_campaign=analysis
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What Did It Take to Push a Ford GT to 300 Miles Per Hour?
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By now, most of us have seen the video: A 2006 Ford GT making a 300.4 mph run in the standing mile, reaching 240 mph by the halfway point. The footage is impressive, but not nearly as impressive as the car itself. M2K Motorsports, the shop behind the car, says that their GT has over 2,000 horsepower at the wheels. That translates to somewhere around 2,500 horsepower at the crank more power than any dyno can currently measure. Ford John Coletti, the former Director of Fords Special Vehicle Team, told us that their development of the original car involved creating a shape that minimized drag and that the team developed a powertrain that was as bulletproof as possible from the factory. The result was a stock car with a very smooth underside and a Ricardo transmission so robust that some people felt it was overkill. Ford From the factory, the GT was powered by a 5.4-liter supercharged V8 that made around 550 horsepower. M2Ks upgrades involved swapping out the supercharger for a twin-turbo setup that pushes power to the levels of insanity we outlined above. While we dont know the full extent of M2Ks modifications to the GT, the company says that the car is still street legal. Take that Bugatti and Hennessey. John also made a point several times to mention that the cars aero and bodywork appear fairly close to stock a statement that was rightfully brimming with pride from one of the people who helped make the original car so great in the first place. A handful of manufacturers are gunning for the 300 mph mark themselves, but the question of who will get there next (and at what cost) is anybodys guess. Its great marketing for anyone to try reaching 300 mph, and even better to actually reach that speed. Hennessey John takes a more realistic view of how companies may set goals going forward. By his estimation, the amount of power it would take to push a car to 400mph could easily top 3,000 horsepower. Not only is that insane, but its a number that only the most powerful drag cars are reaching. He thinks a much more attainable (and marketable) goal would be for a car to be the first to reach 500 kph (around 311 mph). Its a number that sounds nice he said, adding who wouldnt want to be the first company to put out that press release? We agree, and with M2K pushing their Ford GT to unbelievable speeds, the title might be theirs for the taking.
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A 2006 Ford GT made a 300.4 mph run in the standing mile, reaching 240 mph by the halfway point.
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bart
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https://www.forbes.com/sites/christeague/2019/03/28/what-did-it-take-to-push-a-ford-gt-to-300-miles-per-hour/
| 0.120464 |
What Did It Take to Push a Ford GT to 300 Miles Per Hour?
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By now, most of us have seen the video: A 2006 Ford GT making a 300.4 mph run in the standing mile, reaching 240 mph by the halfway point. The footage is impressive, but not nearly as impressive as the car itself. M2K Motorsports, the shop behind the car, says that their GT has over 2,000 horsepower at the wheels. That translates to somewhere around 2,500 horsepower at the crank more power than any dyno can currently measure. Ford John Coletti, the former Director of Fords Special Vehicle Team, told us that their development of the original car involved creating a shape that minimized drag and that the team developed a powertrain that was as bulletproof as possible from the factory. The result was a stock car with a very smooth underside and a Ricardo transmission so robust that some people felt it was overkill. Ford From the factory, the GT was powered by a 5.4-liter supercharged V8 that made around 550 horsepower. M2Ks upgrades involved swapping out the supercharger for a twin-turbo setup that pushes power to the levels of insanity we outlined above. While we dont know the full extent of M2Ks modifications to the GT, the company says that the car is still street legal. Take that Bugatti and Hennessey. John also made a point several times to mention that the cars aero and bodywork appear fairly close to stock a statement that was rightfully brimming with pride from one of the people who helped make the original car so great in the first place. A handful of manufacturers are gunning for the 300 mph mark themselves, but the question of who will get there next (and at what cost) is anybodys guess. Its great marketing for anyone to try reaching 300 mph, and even better to actually reach that speed. Hennessey John takes a more realistic view of how companies may set goals going forward. By his estimation, the amount of power it would take to push a car to 400mph could easily top 3,000 horsepower. Not only is that insane, but its a number that only the most powerful drag cars are reaching. He thinks a much more attainable (and marketable) goal would be for a car to be the first to reach 500 kph (around 311 mph). Its a number that sounds nice he said, adding who wouldnt want to be the first company to put out that press release? We agree, and with M2K pushing their Ford GT to unbelievable speeds, the title might be theirs for the taking.
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M2K Motorsports, the shop behind the car, says that their Ford GT has over 2,000 horsepower at the wheels. A handful of manufacturers are gunning for the 300 mph mark.
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ctrlsum
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https://www.forbes.com/sites/christeague/2019/03/28/what-did-it-take-to-push-a-ford-gt-to-300-miles-per-hour/
| 0.181036 |
What Did It Take to Push a Ford GT to 300 Miles Per Hour?
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By now, most of us have seen the video: A 2006 Ford GT making a 300.4 mph run in the standing mile, reaching 240 mph by the halfway point. The footage is impressive, but not nearly as impressive as the car itself. M2K Motorsports, the shop behind the car, says that their GT has over 2,000 horsepower at the wheels. That translates to somewhere around 2,500 horsepower at the crank more power than any dyno can currently measure. Ford John Coletti, the former Director of Fords Special Vehicle Team, told us that their development of the original car involved creating a shape that minimized drag and that the team developed a powertrain that was as bulletproof as possible from the factory. The result was a stock car with a very smooth underside and a Ricardo transmission so robust that some people felt it was overkill. Ford From the factory, the GT was powered by a 5.4-liter supercharged V8 that made around 550 horsepower. M2Ks upgrades involved swapping out the supercharger for a twin-turbo setup that pushes power to the levels of insanity we outlined above. While we dont know the full extent of M2Ks modifications to the GT, the company says that the car is still street legal. Take that Bugatti and Hennessey. John also made a point several times to mention that the cars aero and bodywork appear fairly close to stock a statement that was rightfully brimming with pride from one of the people who helped make the original car so great in the first place. A handful of manufacturers are gunning for the 300 mph mark themselves, but the question of who will get there next (and at what cost) is anybodys guess. Its great marketing for anyone to try reaching 300 mph, and even better to actually reach that speed. Hennessey John takes a more realistic view of how companies may set goals going forward. By his estimation, the amount of power it would take to push a car to 400mph could easily top 3,000 horsepower. Not only is that insane, but its a number that only the most powerful drag cars are reaching. He thinks a much more attainable (and marketable) goal would be for a car to be the first to reach 500 kph (around 311 mph). Its a number that sounds nice he said, adding who wouldnt want to be the first company to put out that press release? We agree, and with M2K pushing their Ford GT to unbelievable speeds, the title might be theirs for the taking.
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M2K Motorsports, the shop behind the car, says that their Ford GT has over 2,000 horsepower at the wheels. A handful of manufacturers are gunning for the 300 mph mark themselves, but the question of who will get there next is anybodys guess.
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ctrlsum
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https://www.forbes.com/sites/christeague/2019/03/28/what-did-it-take-to-push-a-ford-gt-to-300-miles-per-hour/
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Have Elizabeth Vargas and A&E Discovered The Untold Story of JonBent Ramsey's Murder?
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Elizabeth Vargas and A&E are kicking off The Untold Story with one big installment: Hunting JonBent's Killer. E! News has your exclusive first look at the premiere episode featuring Vargas and her team taking a fresh look at the notorious cold case of JonBent Ramsey's murder. In Hunting JonBent's Killer: The Untold Story, the team tracks down new leads with DNA tests, sits down with John Ramsey for an exclusive interview and features never-before-seen photos. The installment also goes down the paths of numerous theories about the crime that involve intruders. "It's a mission of mine to find the killer," John Ramsey says in the promo.
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Elizabeth Vargas and A&E are kicking off The Untold Story with one big installment: Hunting JonBent's Killer.
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https://www.eonline.com/uk/news/1027715/have-elizabeth-vargas-and-a-e-discovered-the-untold-story-of-jonbenet-ramsey-s-murder
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Have Elizabeth Vargas and A&E Discovered The Untold Story of JonBent Ramsey's Murder?
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Elizabeth Vargas and A&E are kicking off The Untold Story with one big installment: Hunting JonBent's Killer. E! News has your exclusive first look at the premiere episode featuring Vargas and her team taking a fresh look at the notorious cold case of JonBent Ramsey's murder. In Hunting JonBent's Killer: The Untold Story, the team tracks down new leads with DNA tests, sits down with John Ramsey for an exclusive interview and features never-before-seen photos. The installment also goes down the paths of numerous theories about the crime that involve intruders. "It's a mission of mine to find the killer," John Ramsey says in the promo.
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Elizabeth Vargas and A&E are kicking off The Untold Story with one big installment: Hunting JonBent's Killer. The team tracks down new leads with DNA tests and sits down with John Ramsey for an exclusive interview.
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bart
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https://www.eonline.com/uk/news/1027715/have-elizabeth-vargas-and-a-e-discovered-the-untold-story-of-jonbenet-ramsey-s-murder
| 0.22659 |
Have Elizabeth Vargas and A&E Discovered The Untold Story of JonBent Ramsey's Murder?
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Elizabeth Vargas and A&E are kicking off The Untold Story with one big installment: Hunting JonBent's Killer. E! News has your exclusive first look at the premiere episode featuring Vargas and her team taking a fresh look at the notorious cold case of JonBent Ramsey's murder. In Hunting JonBent's Killer: The Untold Story, the team tracks down new leads with DNA tests, sits down with John Ramsey for an exclusive interview and features never-before-seen photos. The installment also goes down the paths of numerous theories about the crime that involve intruders. "It's a mission of mine to find the killer," John Ramsey says in the promo.
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Elizabeth Vargas and A&E are kicking off The Untold Story with one big installment: Hunting JonBent's Killer. The team tracks down new leads with DNA tests and sits down with John Ramsey for an exclusive interview. The installment also goes down the paths of numerous theories about the crime that involve intruders.
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bart
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https://www.eonline.com/uk/news/1027715/have-elizabeth-vargas-and-a-e-discovered-the-untold-story-of-jonbenet-ramsey-s-murder
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Will Cardi B, under fire for foul past, get past the moment?
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FILE - This Feb. 10, 2019 file photo shows Cardi B, left, accepting the award for best rap album for "Invasion of Privacy" as Offset kisses her hand at the 61st annual Grammy Awards in Los Angeles. The rapper has come under fire this week for what she says is a three-year-old video in which she claims she drugged men and robbed them. In the clip posted to Instagram Live, an emotional Cardi B explains in order to make it in the music industry _ and in life _ she had to do some things she is not proud of. (Photo by Matt Sayles/Invision/AP, File) less FILE - This Feb. 10, 2019 file photo shows Cardi B, left, accepting the award for best rap album for "Invasion of Privacy" as Offset kisses her hand at the 61st annual Grammy Awards in Los Angeles. 1 / 5 Back to Gallery NEW YORK (AP) Rappers bragging about crimes from their pasts or warning about those they may commit in the future are part of the genre's lore. From Jay Z to Snoop Dogg to Future, street cred for rappers has often been solidified by detailing their grimy acts in everything from raps to interviews. So it would seem that Cardi B's recently discovered admission to drugging and robbing men during her stripper past would be just another example of that. But in the era of #MeToo, some are wondering whether it's time to Cancel Cardi B in the same way R. Kelly has been largely muted following allegations that he repeatedly sexually abused young women and girls. Still others are wondering whether Cardi whose rise from stripper to reality star to Grammy-winning superstar rapper has become a fairytale success story is being treated differently because she is a woman. "Cardi, who could have only been in her late teens or early twenties at the time of these alleged events, was wrong. But is she more wrong than the scores of Black male rappers and Hip-Hop artists who have made careers discussing their criminal pasts and its necessity for their survival?" an Essence.com essay asked this week. Cardi B herself has raised the same question. "Im (sic) apart of a hip hop culture where you can talk about where you come from and talk about the wrong things that you had to do to get where you are," she wrote in a Twitter post this week. "There are rappers that glorify murder violence drugs an (sic) robbing." The 26-year-old Cardi B, born Belcalis Marlenis Almanzar in the Bronx, has been an open book since she rocketed to fame on the Vh1 series "Love and Hip Hop" in 2015. When her single, "Bodak Yellow (Money Moves)," made her a bona fide rap star, her rough yet playful image remained intact. The clip that drew the firestorm was apparently posted to Instagram in 2016, before the singer became a platinum-selling rapper. In it, an emotional Cardi B says that to make it in the music industry and in life she had to do some things she's not proud of. Yeah, yeah, yeah, let's go back to this hotel,' and I drugged (men) up, and I robbed them. That's what I used to do," Cardi B said in the post. Outrage ensued, with some comparing Cardi B to Bill Cosby, who was convicted last year for drugging and molesting a woman in 2004. Others posted #SurvivingCardiB on social media, playing off the ultra-popular Lifetime documentary series "Surviving R. Kelly," which helped lead to new sexual abuse charges against the R&B singer a decade after he was acquitted of child pornography charges. The singer has denied the new allegations. But Damien Scott, editor-in-chief and vice president of content and development of the hip-hop magazine Complex, said Cardi's admission didn't rise to the level of those cases. "The difference here is this is Cardi remembering crimes she committed in her very formidable years, and while they are crimes ... to me they're not on the degree of criminality as raping somebody. Extremely bad. However, on the scale of what's acceptable in rap and what has been acceptable in rap, to me that's on the tame side," he told The Associated Press in an interview on Thursday. (In the Twitter post defending herself, Cardi B maintains the men were actually "conscious (sic) willing and aware.") Rough and explicit lyrics have been part of rap since its early days, and it is common for rappers to vulgarly discuss sex, drugs, gun violence and more in songs. "These are things that male rap artists traditionally, historically, have been able to use to tell their story (like), 'I used to do X-Y-Z, but now I rap.' That's a stable of many rap origin stories," Scott said. "I can name so many rappers who have legitimately said on record and in an interview, 'Oh man, I was going to continue selling drugs but my manager or my friend or my boy who raps told me I should focus on this because I have a gift. I used to rob and steal, I used to be a stick-up kid, but I figured that after I got arrested the last time, I should find a legal hustle.'" Still, drug references and other controversies have hurt other rappers in recent years. Reebok ended its relationship with Rick Ross in 2013 following heavy criticism of lyrics where he rapped about giving a woman the drug MDMA, known as Molly, and having his way with her on the song "U.O.E.N.O." CeeLo Green saw his career wane after facing charges in a felony drug case (he pleaded no contest to giving a woman ecstasy at a 2012 dinner). After entering the plea, Green posted a series of messages on Twitter, including one that read: "Women who have really been raped REMEMBER!!!" Lil Wayne came under fire in 2013 when he compared a sex act to the beating that killed 14-year-old Emmett Till in Mississippi on a remix of rapper-producer Future's song, "Karate Chop." PepsiCo cut ties with Lil Wayne afterward. Around the same time, the company pulled an online Mountain Dew ad developed by Tyler, the Creator that was criticized for portraying racial stereotypes and making light of violence toward women. Some felt that if Cardi B were a man, especially in the #MeToo era, she would have suffered greater backlash for her admission. Brand and reputation management expert Eric Schiffer said he felt there was a "slight double standard" when it came to Cardi B's situation. But Schiffer, chairman of Reputation Management Consultants, added that Cardi B wasn't glorifying the act of drugging someone in a song and that she took ownership of her actions. "That's the distinction, and that's why I think that she's not getting the same heat. If she was openly rapping about drugging men and stealing, I think you'd see potentially even greater heat on her than men," Schiffer said. Last month, Cardi won her first Grammy Award becoming the first solo female to pick up best rap album. Her latest single, "Please Me," featuring Bruno Mars, is her seventh Top 10 hit on the Billboard Hot 100 chart in just two years. She had two major commercials for Pepsi which aired during the Super Bowl and the Grammy Awards and also has collaborations with the fashion brand Fashion Nova and shoe company Steve Madden. "My bet is that there are many brands that are not going to throw down big checks in the short-term, given the news," Schiffer said. But Cardi has bounced back before: Though she threatened fellow rapper Nicki Minaj during fashion week last year at a glitzy party for Harper's Bazaar magazine and threw a shoe at Minaj, the magazine still put her on the cover this year. And she found out about her Grammy nominations on the same day she was in a New York City criminal court for a misdemeanor assault charge for a fight at a strip club. "I don't think it's going to stop any endorsements. I would be very, very, very, very surprised if anything stops," Scott said.
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Cardi B has come under fire for what she says is a three-year-old video in which she claims she drugged men and robbed them. Some are wondering whether it's time to Cancel CardiB in the same way R. Kelly has been largely muted following allegations that he repeatedly sexually abused young women.
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https://www.seattlepi.com/news/article/Will-Cardi-B-under-fire-for-foul-past-get-past-13724109.php
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Is the Legislature about to put Gov. Doug Ducey on the hot seat over $32 vehicle tax hike?
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Opinion: The Legislature is just one step away from repealing Arizona's new $32 vehicle registration tax, putting Gov. Doug Ducey on the hot seat. Arizona Gov. Doug Ducey speaks in front of the Ambassador of Mexico to the U.S., Martha Barcena, at the 2019 Arizona-Mexico Commission Governor's Luncheon Tuesday, March 19, 2019, in Phoenix. (Photo: AP Photo/Ross D. Franklin) The Arizona Legislature is essentially one step away from forcing Gov. Doug Ducey to own his tax increase. Or one of two recent tax increases, that is. (If youre working on your state income tax return, you probably know what Im referring to.) The House Transportation Committee on Wednesday voted to repeal the new $32 vehicle registration tax it passed last year the one our governor insists isnt a tax. Repeal already has passed the Senate and now stands just one step away from landing on Ducey's desk. That, however, could be one looong step, given that this governor most definitely does not want to see this bill in his in-box. 'I want to shove this up to the governor' Repeal, however, is popular with Republicans, many of whom didnt vote for the tax last year. Even the original sponsor of the tax wants to repeal it. Rep. Noel Campbell, R-Prescott, told senators his bill got "hijacked" and that he tax turned out to be double what he'd been told to expect. Now hes out for a little payback, forcing Ducey to veto the bill if he wants to save the $107 million tax hike. I want to shove this up to the governors office, Campbell said. Our leaders created the new vehicle registration tax last year to fund the state Highway Patrol, freeing up other state funds to fix roads. Only they didnt call it a tax. They called it a fee. And they didnt set the size of the tax. They left that to state Transportation Director John Halikowski, who late last year announced that Arizonans would be paying $32 more per vehicle in 2019 twice the $18 legislators had been led to expect. Own up to the fact that you raised taxes Thus comes Senate Bill 1001, repealing the tax. The bills sponsor, Sen. Michelle Ugenti-Rita, R-Scottsdale, has said the Legislature had no business delegating their taxing authority to a bureaucrat. NEWSLETTERS Get the Opinions Newsletter newsletter delivered to your inbox We're sorry, but something went wrong Our best and latest in commentary in daily digest form. Please try again soon, or contact Customer Service at 1-800-332-6733. Delivery: Mon-Fri Invalid email address Thank you! You're almost signed up for Opinions Newsletter Keep an eye out for an email to confirm your newsletter registration. More newsletters Our leaders also, by the way, have no business insulting our intelligence by trying to pass off this $32 tax as a fee. Yet Ducey has done just that. There is a fee and we will leave it to ADOT to set the fee, Ducey said in December, shortly after his transportation director set the tax. The governor, who has vowed never to raise taxes, signaled that repeal is not on the priority list. This bill ever reaching his desk. Watch to see if House Speaker Rusty Bowers, R-Mesa, allows it to come to a vote. Reach Roberts at laurie.roberts@arizonarepublic.com. Read or Share this story: https://www.azcentral.com/story/opinion/op-ed/laurieroberts/2019/03/28/gov-doug-ducey-may-get-chance-repeal-or-own-32-vehicle-tax-hike/3300811002/
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The Arizona Legislature is one step away from repealing the new $32 vehicle registration tax. The House Transportation Committee voted to repeal the tax on Wednesday.
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pegasus
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https://www.azcentral.com/story/opinion/op-ed/laurieroberts/2019/03/28/gov-doug-ducey-may-get-chance-repeal-or-own-32-vehicle-tax-hike/3300811002/
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Is the Legislature about to put Gov. Doug Ducey on the hot seat over $32 vehicle tax hike?
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Opinion: The Legislature is just one step away from repealing Arizona's new $32 vehicle registration tax, putting Gov. Doug Ducey on the hot seat. Arizona Gov. Doug Ducey speaks in front of the Ambassador of Mexico to the U.S., Martha Barcena, at the 2019 Arizona-Mexico Commission Governor's Luncheon Tuesday, March 19, 2019, in Phoenix. (Photo: AP Photo/Ross D. Franklin) The Arizona Legislature is essentially one step away from forcing Gov. Doug Ducey to own his tax increase. Or one of two recent tax increases, that is. (If youre working on your state income tax return, you probably know what Im referring to.) The House Transportation Committee on Wednesday voted to repeal the new $32 vehicle registration tax it passed last year the one our governor insists isnt a tax. Repeal already has passed the Senate and now stands just one step away from landing on Ducey's desk. That, however, could be one looong step, given that this governor most definitely does not want to see this bill in his in-box. 'I want to shove this up to the governor' Repeal, however, is popular with Republicans, many of whom didnt vote for the tax last year. Even the original sponsor of the tax wants to repeal it. Rep. Noel Campbell, R-Prescott, told senators his bill got "hijacked" and that he tax turned out to be double what he'd been told to expect. Now hes out for a little payback, forcing Ducey to veto the bill if he wants to save the $107 million tax hike. I want to shove this up to the governors office, Campbell said. Our leaders created the new vehicle registration tax last year to fund the state Highway Patrol, freeing up other state funds to fix roads. Only they didnt call it a tax. They called it a fee. And they didnt set the size of the tax. They left that to state Transportation Director John Halikowski, who late last year announced that Arizonans would be paying $32 more per vehicle in 2019 twice the $18 legislators had been led to expect. Own up to the fact that you raised taxes Thus comes Senate Bill 1001, repealing the tax. The bills sponsor, Sen. Michelle Ugenti-Rita, R-Scottsdale, has said the Legislature had no business delegating their taxing authority to a bureaucrat. NEWSLETTERS Get the Opinions Newsletter newsletter delivered to your inbox We're sorry, but something went wrong Our best and latest in commentary in daily digest form. Please try again soon, or contact Customer Service at 1-800-332-6733. Delivery: Mon-Fri Invalid email address Thank you! You're almost signed up for Opinions Newsletter Keep an eye out for an email to confirm your newsletter registration. More newsletters Our leaders also, by the way, have no business insulting our intelligence by trying to pass off this $32 tax as a fee. Yet Ducey has done just that. There is a fee and we will leave it to ADOT to set the fee, Ducey said in December, shortly after his transportation director set the tax. The governor, who has vowed never to raise taxes, signaled that repeal is not on the priority list. This bill ever reaching his desk. Watch to see if House Speaker Rusty Bowers, R-Mesa, allows it to come to a vote. Reach Roberts at laurie.roberts@arizonarepublic.com. Read or Share this story: https://www.azcentral.com/story/opinion/op-ed/laurieroberts/2019/03/28/gov-doug-ducey-may-get-chance-repeal-or-own-32-vehicle-tax-hike/3300811002/
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Rep. Ruben Navarrette: Legislature is one step away from forcing Gov. Doug Ducey to own his tax increase. The House Transportation Committee voted to repeal the new $32 vehicle registration tax it passed last year.
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ctrlsum
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https://www.azcentral.com/story/opinion/op-ed/laurieroberts/2019/03/28/gov-doug-ducey-may-get-chance-repeal-or-own-32-vehicle-tax-hike/3300811002/
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Is the Legislature about to put Gov. Doug Ducey on the hot seat over $32 vehicle tax hike?
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Opinion: The Legislature is just one step away from repealing Arizona's new $32 vehicle registration tax, putting Gov. Doug Ducey on the hot seat. Arizona Gov. Doug Ducey speaks in front of the Ambassador of Mexico to the U.S., Martha Barcena, at the 2019 Arizona-Mexico Commission Governor's Luncheon Tuesday, March 19, 2019, in Phoenix. (Photo: AP Photo/Ross D. Franklin) The Arizona Legislature is essentially one step away from forcing Gov. Doug Ducey to own his tax increase. Or one of two recent tax increases, that is. (If youre working on your state income tax return, you probably know what Im referring to.) The House Transportation Committee on Wednesday voted to repeal the new $32 vehicle registration tax it passed last year the one our governor insists isnt a tax. Repeal already has passed the Senate and now stands just one step away from landing on Ducey's desk. That, however, could be one looong step, given that this governor most definitely does not want to see this bill in his in-box. 'I want to shove this up to the governor' Repeal, however, is popular with Republicans, many of whom didnt vote for the tax last year. Even the original sponsor of the tax wants to repeal it. Rep. Noel Campbell, R-Prescott, told senators his bill got "hijacked" and that he tax turned out to be double what he'd been told to expect. Now hes out for a little payback, forcing Ducey to veto the bill if he wants to save the $107 million tax hike. I want to shove this up to the governors office, Campbell said. Our leaders created the new vehicle registration tax last year to fund the state Highway Patrol, freeing up other state funds to fix roads. Only they didnt call it a tax. They called it a fee. And they didnt set the size of the tax. They left that to state Transportation Director John Halikowski, who late last year announced that Arizonans would be paying $32 more per vehicle in 2019 twice the $18 legislators had been led to expect. Own up to the fact that you raised taxes Thus comes Senate Bill 1001, repealing the tax. The bills sponsor, Sen. Michelle Ugenti-Rita, R-Scottsdale, has said the Legislature had no business delegating their taxing authority to a bureaucrat. NEWSLETTERS Get the Opinions Newsletter newsletter delivered to your inbox We're sorry, but something went wrong Our best and latest in commentary in daily digest form. Please try again soon, or contact Customer Service at 1-800-332-6733. Delivery: Mon-Fri Invalid email address Thank you! You're almost signed up for Opinions Newsletter Keep an eye out for an email to confirm your newsletter registration. More newsletters Our leaders also, by the way, have no business insulting our intelligence by trying to pass off this $32 tax as a fee. Yet Ducey has done just that. There is a fee and we will leave it to ADOT to set the fee, Ducey said in December, shortly after his transportation director set the tax. The governor, who has vowed never to raise taxes, signaled that repeal is not on the priority list. This bill ever reaching his desk. Watch to see if House Speaker Rusty Bowers, R-Mesa, allows it to come to a vote. Reach Roberts at laurie.roberts@arizonarepublic.com. Read or Share this story: https://www.azcentral.com/story/opinion/op-ed/laurieroberts/2019/03/28/gov-doug-ducey-may-get-chance-repeal-or-own-32-vehicle-tax-hike/3300811002/
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Rep. Ruben Navarrette: Legislature is one step away from forcing Gov. Doug Ducey to own his tax increase. The House Transportation Committee voted to repeal the new $32 vehicle registration tax it passed last year. He says the bill is popular with Republicans, many of whom didn't vote for the tax.
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https://www.azcentral.com/story/opinion/op-ed/laurieroberts/2019/03/28/gov-doug-ducey-may-get-chance-repeal-or-own-32-vehicle-tax-hike/3300811002/
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Is Netflix's 2001 Culture Deck Still Relevant Today To Shape Company Culture?
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Slideshare I recently listened to the latest Without Fail podcast by Gimlet Media founder Alex Bloomberg where he interviews former Netflix Talent Officer of fourteen years, Patty McCord. In 2001, McCord, along with Netflix CEO Reed Hasting, published the Netflix Culture Deck which at the time created some reaction in the HR and tech world. I became curious about this deck, first due to my professional interest in company culture, in particular how fundamental and difficult it is to build one, but also because the Netflix Culture Deck is now eighteen years old. I wanted to find out if there were any aspects of the deck that are still relevant and be inspired by today. Certainly, the Netflix of eighteen years ago is not what we know of Netflix today. THE NETFLIX DECK IN THREE COMPREHENSIVE POINTS ACTIONABLE In general, the deck offers actions for each concept. It offers concrete examples of what it means when applied in the office setting. For example, each of the nine value is followed by actionable steps. A one-word value can mean a plethora of things depending on each employees experience and background. So by giving specific details about how Netflix understands each word, it gives a framework on how to embody the values. For example, if the value is HONESTY; then the Action is that You only say things about fellow employees you will say to their face. QUESTION-BASED MINDSET The deck asks the direct employee questions as well as prompting them to question their management team. For example: When one of your talented people does something dumb, dont blame them . Ask yourself what context you failed to set. Netflix is a company that hires self-aware, empowered employees who proactively challenge themselves, their manager and their team. At each level, questions are key in sorting out challenges. UPFRONT Netflixs culture is not for everyone. Being upfront about their company culture helps them to accelerate their selection process. People who do not align with the culture will not thrive and therefore probably do not apply to a job at Netflix. The definition of freedom is extensively laid out; for example, employees are required to perform highly and they can also choose how many leave days they take. This deck was created to reduce the administrative load of HR at Netflix. Empowering employees and being specific about their goal in the organization, frees the HR department from tedious shores and following heavy processes. I interviewed Rob ODonovan, CEO and co-founder of CharlieHR to find out a bit more about how HR evolved and where it is going: First, nobody knows how to define HR, it is an ambiguous term that on one side refers to dealing with clinical policies, and on the other side refers to management, which impacts everyone in the company. HR biggest challenge is that no one knows what it really means. We experienced a huge shift in leadership and what we believe every great HR department should focus on is to, one, hire the best talent and secondly, create a workplace people want to work for. HR moved from being about structure and processes to build high-performing organizations. Since 2001, the use of technology within organizations changed dramatically as well as how the board cares about its workforce. On one side CharlieHR helps companies to automate all of the administrative duties and on the other side, it gathers anonymous data on how the company is run. In the same vein as the Netflixs deck, CharlieHR focuses on freeing time for the HR manager or the Talent Team so they can focus on developing strategies for employees to work the best way possible. ODonovan explains that data is at the core of what they offer. CharlieHR gathers data by sending a weekly survey to all employees with simple questions such as Do you feel your ideas are listened to?. It is crucial nowadays to present the company cases with real data so they can take decisions reflecting employees needs and build a high performing organization. From small businesses to corporate, everyone at board level is caring about retaining great talents, so all of that data is key to keep the best talents. ODonovan believes that there is no right or wrong culture, each company needs a strong culture and be vocal about it in order to hire adequate employees. Lots to ponder on, I would love to know your thoughts on the subject, especially if you worked at a company where groupthink was at play. The Netflix Culture deck finishes with the words We keep improving our culture as we grow. We try to get better at seeking excellence. Beyond new technology, market crashes, and societal shifts, the secret sauce to a successful company culture seems to be following these steps; adopt clear goals, listen, adapt, grow, fail, repeat. So to answer my earlier questions, I believe we can still learn from what was created in 2001 but regarding the future of HR, it is a safe bet to imagine Artificial Intelligence being part of the team soon.
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The Netflix Culture Deck was published in 2001 and is still relevant today. It offers actionable steps for employees to take to shape their company culture.
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https://www.forbes.com/sites/emmazangs/2019/03/28/is-netflixs-2001-culture-deck-still-relevant-today-to-shape-company-culture/
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Is Netflix's 2001 Culture Deck Still Relevant Today To Shape Company Culture?
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Slideshare I recently listened to the latest Without Fail podcast by Gimlet Media founder Alex Bloomberg where he interviews former Netflix Talent Officer of fourteen years, Patty McCord. In 2001, McCord, along with Netflix CEO Reed Hasting, published the Netflix Culture Deck which at the time created some reaction in the HR and tech world. I became curious about this deck, first due to my professional interest in company culture, in particular how fundamental and difficult it is to build one, but also because the Netflix Culture Deck is now eighteen years old. I wanted to find out if there were any aspects of the deck that are still relevant and be inspired by today. Certainly, the Netflix of eighteen years ago is not what we know of Netflix today. THE NETFLIX DECK IN THREE COMPREHENSIVE POINTS ACTIONABLE In general, the deck offers actions for each concept. It offers concrete examples of what it means when applied in the office setting. For example, each of the nine value is followed by actionable steps. A one-word value can mean a plethora of things depending on each employees experience and background. So by giving specific details about how Netflix understands each word, it gives a framework on how to embody the values. For example, if the value is HONESTY; then the Action is that You only say things about fellow employees you will say to their face. QUESTION-BASED MINDSET The deck asks the direct employee questions as well as prompting them to question their management team. For example: When one of your talented people does something dumb, dont blame them . Ask yourself what context you failed to set. Netflix is a company that hires self-aware, empowered employees who proactively challenge themselves, their manager and their team. At each level, questions are key in sorting out challenges. UPFRONT Netflixs culture is not for everyone. Being upfront about their company culture helps them to accelerate their selection process. People who do not align with the culture will not thrive and therefore probably do not apply to a job at Netflix. The definition of freedom is extensively laid out; for example, employees are required to perform highly and they can also choose how many leave days they take. This deck was created to reduce the administrative load of HR at Netflix. Empowering employees and being specific about their goal in the organization, frees the HR department from tedious shores and following heavy processes. I interviewed Rob ODonovan, CEO and co-founder of CharlieHR to find out a bit more about how HR evolved and where it is going: First, nobody knows how to define HR, it is an ambiguous term that on one side refers to dealing with clinical policies, and on the other side refers to management, which impacts everyone in the company. HR biggest challenge is that no one knows what it really means. We experienced a huge shift in leadership and what we believe every great HR department should focus on is to, one, hire the best talent and secondly, create a workplace people want to work for. HR moved from being about structure and processes to build high-performing organizations. Since 2001, the use of technology within organizations changed dramatically as well as how the board cares about its workforce. On one side CharlieHR helps companies to automate all of the administrative duties and on the other side, it gathers anonymous data on how the company is run. In the same vein as the Netflixs deck, CharlieHR focuses on freeing time for the HR manager or the Talent Team so they can focus on developing strategies for employees to work the best way possible. ODonovan explains that data is at the core of what they offer. CharlieHR gathers data by sending a weekly survey to all employees with simple questions such as Do you feel your ideas are listened to?. It is crucial nowadays to present the company cases with real data so they can take decisions reflecting employees needs and build a high performing organization. From small businesses to corporate, everyone at board level is caring about retaining great talents, so all of that data is key to keep the best talents. ODonovan believes that there is no right or wrong culture, each company needs a strong culture and be vocal about it in order to hire adequate employees. Lots to ponder on, I would love to know your thoughts on the subject, especially if you worked at a company where groupthink was at play. The Netflix Culture deck finishes with the words We keep improving our culture as we grow. We try to get better at seeking excellence. Beyond new technology, market crashes, and societal shifts, the secret sauce to a successful company culture seems to be following these steps; adopt clear goals, listen, adapt, grow, fail, repeat. So to answer my earlier questions, I believe we can still learn from what was created in 2001 but regarding the future of HR, it is a safe bet to imagine Artificial Intelligence being part of the team soon.
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The Netflix Culture Deck was published in 2001 and is still relevant today. It offers actionable steps for employees to take to shape their company culture. The Netflix of eighteen years ago is not what we know of Netflix today.
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https://www.forbes.com/sites/emmazangs/2019/03/28/is-netflixs-2001-culture-deck-still-relevant-today-to-shape-company-culture/
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Is Netflix's 2001 Culture Deck Still Relevant Today To Shape Company Culture?
|
Slideshare I recently listened to the latest Without Fail podcast by Gimlet Media founder Alex Bloomberg where he interviews former Netflix Talent Officer of fourteen years, Patty McCord. In 2001, McCord, along with Netflix CEO Reed Hasting, published the Netflix Culture Deck which at the time created some reaction in the HR and tech world. I became curious about this deck, first due to my professional interest in company culture, in particular how fundamental and difficult it is to build one, but also because the Netflix Culture Deck is now eighteen years old. I wanted to find out if there were any aspects of the deck that are still relevant and be inspired by today. Certainly, the Netflix of eighteen years ago is not what we know of Netflix today. THE NETFLIX DECK IN THREE COMPREHENSIVE POINTS ACTIONABLE In general, the deck offers actions for each concept. It offers concrete examples of what it means when applied in the office setting. For example, each of the nine value is followed by actionable steps. A one-word value can mean a plethora of things depending on each employees experience and background. So by giving specific details about how Netflix understands each word, it gives a framework on how to embody the values. For example, if the value is HONESTY; then the Action is that You only say things about fellow employees you will say to their face. QUESTION-BASED MINDSET The deck asks the direct employee questions as well as prompting them to question their management team. For example: When one of your talented people does something dumb, dont blame them . Ask yourself what context you failed to set. Netflix is a company that hires self-aware, empowered employees who proactively challenge themselves, their manager and their team. At each level, questions are key in sorting out challenges. UPFRONT Netflixs culture is not for everyone. Being upfront about their company culture helps them to accelerate their selection process. People who do not align with the culture will not thrive and therefore probably do not apply to a job at Netflix. The definition of freedom is extensively laid out; for example, employees are required to perform highly and they can also choose how many leave days they take. This deck was created to reduce the administrative load of HR at Netflix. Empowering employees and being specific about their goal in the organization, frees the HR department from tedious shores and following heavy processes. I interviewed Rob ODonovan, CEO and co-founder of CharlieHR to find out a bit more about how HR evolved and where it is going: First, nobody knows how to define HR, it is an ambiguous term that on one side refers to dealing with clinical policies, and on the other side refers to management, which impacts everyone in the company. HR biggest challenge is that no one knows what it really means. We experienced a huge shift in leadership and what we believe every great HR department should focus on is to, one, hire the best talent and secondly, create a workplace people want to work for. HR moved from being about structure and processes to build high-performing organizations. Since 2001, the use of technology within organizations changed dramatically as well as how the board cares about its workforce. On one side CharlieHR helps companies to automate all of the administrative duties and on the other side, it gathers anonymous data on how the company is run. In the same vein as the Netflixs deck, CharlieHR focuses on freeing time for the HR manager or the Talent Team so they can focus on developing strategies for employees to work the best way possible. ODonovan explains that data is at the core of what they offer. CharlieHR gathers data by sending a weekly survey to all employees with simple questions such as Do you feel your ideas are listened to?. It is crucial nowadays to present the company cases with real data so they can take decisions reflecting employees needs and build a high performing organization. From small businesses to corporate, everyone at board level is caring about retaining great talents, so all of that data is key to keep the best talents. ODonovan believes that there is no right or wrong culture, each company needs a strong culture and be vocal about it in order to hire adequate employees. Lots to ponder on, I would love to know your thoughts on the subject, especially if you worked at a company where groupthink was at play. The Netflix Culture deck finishes with the words We keep improving our culture as we grow. We try to get better at seeking excellence. Beyond new technology, market crashes, and societal shifts, the secret sauce to a successful company culture seems to be following these steps; adopt clear goals, listen, adapt, grow, fail, repeat. So to answer my earlier questions, I believe we can still learn from what was created in 2001 but regarding the future of HR, it is a safe bet to imagine Artificial Intelligence being part of the team soon.
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The Netflix Culture Deck was published in 2001 and is still relevant today. It offers actionable steps for employees to take to shape their company culture. The Netflix of eighteen years ago is not what we know of Netflix today, says Rob O'Donovan, CEO and co-founder of CharlieHR.
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https://www.forbes.com/sites/emmazangs/2019/03/28/is-netflixs-2001-culture-deck-still-relevant-today-to-shape-company-culture/
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Does Survivor Really Need Twists Anymore?
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Well over 500 episodes and counting, Survivor shows no signs of slowing down. In its current (and 38th) season, the CBS reality juggernaut introduced a new twist to the game: the Edge of Extinction. When the cast and twist was first announced in February, it sent chills down our spine: when a castaway's torch was snuffed, they are presented with two paths: one leads to a boat, that will take them to an island where they can fight to stay in the game but will endure extra-grueling challenges. The other pathwell, it's the one of least resistance aka you willingly leave the game for good. Of the newest twist, host and showrunner Jeff Probst ominously said, "The question we're exploring is, how far are you willing to go for this game?"
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Survivor introduced a new twist to the game. When a castaway's torch was snuffed, they are presented with two paths.
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bart
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https://www.eonline.com/news/1027317/does-survivor-really-need-twists-anymore?cmpid=rss-000000-rssfeed-365-topstories&utm_source=eonline&utm_medium=rssfeeds&utm_campaign=rss_topstories
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Does Survivor Really Need Twists Anymore?
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Well over 500 episodes and counting, Survivor shows no signs of slowing down. In its current (and 38th) season, the CBS reality juggernaut introduced a new twist to the game: the Edge of Extinction. When the cast and twist was first announced in February, it sent chills down our spine: when a castaway's torch was snuffed, they are presented with two paths: one leads to a boat, that will take them to an island where they can fight to stay in the game but will endure extra-grueling challenges. The other pathwell, it's the one of least resistance aka you willingly leave the game for good. Of the newest twist, host and showrunner Jeff Probst ominously said, "The question we're exploring is, how far are you willing to go for this game?"
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The Edge of Extinction is a new twist on Survivor. The cast and twist were first announced in February. The new twist is the one of least resistance, meaning you willingly leave the game for good.
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ctrlsum
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https://www.eonline.com/news/1027317/does-survivor-really-need-twists-anymore?cmpid=rss-000000-rssfeed-365-topstories&utm_source=eonline&utm_medium=rssfeeds&utm_campaign=rss_topstories
| 0.118592 |
Does Survivor Really Need Twists Anymore?
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Well over 500 episodes and counting, Survivor shows no signs of slowing down. In its current (and 38th) season, the CBS reality juggernaut introduced a new twist to the game: the Edge of Extinction. When the cast and twist was first announced in February, it sent chills down our spine: when a castaway's torch was snuffed, they are presented with two paths: one leads to a boat, that will take them to an island where they can fight to stay in the game but will endure extra-grueling challenges. The other pathwell, it's the one of least resistance aka you willingly leave the game for good. Of the newest twist, host and showrunner Jeff Probst ominously said, "The question we're exploring is, how far are you willing to go for this game?"
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The Edge of Extinction is a new twist on Survivor. The cast and twist were first announced in February. The new twist is the one of least resistance, meaning you willingly leave the game for good. It's the latest in a long line of twists on the show.
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ctrlsum
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https://www.eonline.com/news/1027317/does-survivor-really-need-twists-anymore?cmpid=rss-000000-rssfeed-365-topstories&utm_source=eonline&utm_medium=rssfeeds&utm_campaign=rss_topstories
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Will Supreme Courts Lorenzo ruling spur shareholder class actions?
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(Reuters) - For corporate America, theres no bogeyman more reliable than the threat of securities class actions. So its no surprise that when a challenge to an enforcement action by the Securities and Exchange Commission went to the U.S. Supreme Court, the business lobby emphasized the cases potential impact on private shareholder suits, arguing that the SECs position would expose all kinds of people previously shielded by Supreme Court precedent to liability in shareholder suits. On Wednesday, the Supreme Court sided with the SEC in Lorenzo v. Securities and Exchange Commission. Listen to the On the Case podcast. Probably not, according to the four lawyers I talked to two securities defense counsel and two plaintiffs lawyers. The Lorenzo ruling may allow shareholders lawyers to rope in individual defendants under newly available theories. But its not going to change the contours of securities class action litigation. Its of limited utility, said shareholders lawyer Laura Posner of Cohen Milstein Sellers & Toll. Id be surprised to see more than a handful of cases citing the decision. In Wednesdays ruling, the justices held that investment banker Francis Lorenzo was liable for securities fraud for knowingly emailing false information about a clients debt offering to potential investors. Lorenzo did not create the false statements he passed along in the emails he cut and pasted information hed gotten from his boss. He did not contest at the Supreme Court that he knew he was passing along misinformation from his boss. But Lorenzo argued that under the Supreme Courts 2011 ruling in Janus Capital Group v. First Derivative Traders, he was not responsible under the Securities and Exchange Acts prohibition against making untrue statements. The justices disagreed. The six justices in the majority acknowledged that Lorenzo was not liable under Janus for making false statements. But the Supreme Court said the investment banker could be held to account, under two different anti-fraud provisions, for participating in a fraud scheme and for engaging in deceptive acts. Disseminating someone elses false statements, according to the majority opinion by Justice Stephen Breyer, means you have participated directly in a fraud. To hold otherwise to allow people to evade liability for knowingly spreading lies they didnt originate would defy the whole intention of securities fraud laws and the text of the SECs rule to enforce the Exchange Act. Using false representations to induce the purchase of securities would seem a paradigmatic example of securities fraud, Justice Breyer wrote. We do not know why Congress or the (SEC) would have wanted to disarm enforcement in this way. Lorenzos case involved only an SEC enforcement action. But as Ive written, private shareholder litigation has always loomed in the background. Lorenzos lawyers at Meyers & Heim, as well as Lorenzo amici from the U.S. Chamber of Commerce and the Securities Industry and Financial Markets Association, told the justices that if they held Lorenzo directly liable for fraud rather than tagging him with responsibility just for aiding and abetting they would be encouraging plaintiffs' lawyers to sue defendants who would otherwise be protected under the Supreme Courts 1994 decision in Central Bank of Denver v. First Interstate Bank of Denver. (Central Bank, you will recall, precludes private securities suits against alleged aiders and abettors.) Justice Clarence Thomas highlighted those fears in a dissent joined by Justice Neil Gorsuch. (Justice Brett Kavanaugh, who expressed reservations about the SECs scheme liability theory when he was on the D.C. Circuit, was recused from the case at the Supreme Court.) The Lorenzo majority, Thomas said, had effectively erased the line between primary and secondary liability for false statements, creating new exposure to shareholder class actions. If Lorenzos conduct here qualifies for primary liability, the dissent said, then virtually any person who assists with the making of a fraudulent misstatement will be primarily liable and thereby subject not only to SEC enforcement, but private lawsuits. But the lawyers I talked to, including Lorenzo counsel of record Robert Heim, said that as a practical matter, this newly created liability wont have broad impact in securities fraud class actions. In part, said defense lawyer Susan Hurd of Alston & Bird, thats because of the unusual facts in Lorenzos case. Lorenzo, remember, was not accused of publicly spreading lies but of emailing a handful of potential investors. Securities class actions against public companies typically involve public misstatements that impacted the companys share price. (Otherwise, shareholders cant invoke the Basic v. Levinson presumption that they relied on the false representations.) The companies themselves, Hurd said, are almost always alleged to have made the false public statements. In that context, Hurd said, shareholders dont need to claim the distributor theory the SEC asserted against Lorenzo. At most, said Lorenzo counsel Heim, the Supreme Court decision opens up class action liability against individual defendants who claim they werent responsible for a companys alleged misstatements. Sometimes investors may be able to rope in high-ranking executives like CEOs and CFOs under Lorenzo precedent, Heim said. But the ruling wont expose companies that couldnt otherwise be sued. Shareholders lawyers Posner of Cohen Milstein and Darren Robbins of Robbins Geller Rudman & Dowd agreed that Lorenzo liability theories will be the exception, not the rule. Robbins told me the Supreme Court decision gave teeth to the idea of scheme liability and may embolden shareholders lawyers to assert claims against defendants previously considered untouchable abettors. But he pointed out that shareholders will still have to establish that defendants who distributed false information intended to deceive investors a point Lorenzo conceded at the Supreme Court. Posner is actually litigating a class action alleging scheme liability and deceptive acts the rules Lorenzo violated against Credit Suisse. The law on these theories has been relatively underdeveloped, she said, and investors may, in isolated cases, decide it makes sense after Lorenzo to allege them. Posner predicted, however, that the Supreme Courts ruling will be more useful to regulators than to securities class action plaintiffs. For Lorenzo, of course, the rulings impact on private litigation is beside the point. Heim said his client, who has not been able to find work in the securities industry after the SEC brought its case, was disappointed in the Supreme Court ruling but hopeful that the SEC will consider Justice Thomas dissent when his case goes back to the commission on remand.
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The Supreme Court sided with the SEC in Lorenzo v. Securities and Exchange Commission. The ruling may allow shareholders lawyers to rope in individual defendants. But its not going to change the contours of securities class action litigation.
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bart
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https://www.reuters.com/article/us-otc-lorenzo/will-supreme-courts-lorenzo-ruling-spur-shareholder-class-actions-idUSKCN1R92KM
| 0.278998 |
Will Supreme Courts Lorenzo ruling spur shareholder class actions?
|
(Reuters) - For corporate America, theres no bogeyman more reliable than the threat of securities class actions. So its no surprise that when a challenge to an enforcement action by the Securities and Exchange Commission went to the U.S. Supreme Court, the business lobby emphasized the cases potential impact on private shareholder suits, arguing that the SECs position would expose all kinds of people previously shielded by Supreme Court precedent to liability in shareholder suits. On Wednesday, the Supreme Court sided with the SEC in Lorenzo v. Securities and Exchange Commission. Listen to the On the Case podcast. Probably not, according to the four lawyers I talked to two securities defense counsel and two plaintiffs lawyers. The Lorenzo ruling may allow shareholders lawyers to rope in individual defendants under newly available theories. But its not going to change the contours of securities class action litigation. Its of limited utility, said shareholders lawyer Laura Posner of Cohen Milstein Sellers & Toll. Id be surprised to see more than a handful of cases citing the decision. In Wednesdays ruling, the justices held that investment banker Francis Lorenzo was liable for securities fraud for knowingly emailing false information about a clients debt offering to potential investors. Lorenzo did not create the false statements he passed along in the emails he cut and pasted information hed gotten from his boss. He did not contest at the Supreme Court that he knew he was passing along misinformation from his boss. But Lorenzo argued that under the Supreme Courts 2011 ruling in Janus Capital Group v. First Derivative Traders, he was not responsible under the Securities and Exchange Acts prohibition against making untrue statements. The justices disagreed. The six justices in the majority acknowledged that Lorenzo was not liable under Janus for making false statements. But the Supreme Court said the investment banker could be held to account, under two different anti-fraud provisions, for participating in a fraud scheme and for engaging in deceptive acts. Disseminating someone elses false statements, according to the majority opinion by Justice Stephen Breyer, means you have participated directly in a fraud. To hold otherwise to allow people to evade liability for knowingly spreading lies they didnt originate would defy the whole intention of securities fraud laws and the text of the SECs rule to enforce the Exchange Act. Using false representations to induce the purchase of securities would seem a paradigmatic example of securities fraud, Justice Breyer wrote. We do not know why Congress or the (SEC) would have wanted to disarm enforcement in this way. Lorenzos case involved only an SEC enforcement action. But as Ive written, private shareholder litigation has always loomed in the background. Lorenzos lawyers at Meyers & Heim, as well as Lorenzo amici from the U.S. Chamber of Commerce and the Securities Industry and Financial Markets Association, told the justices that if they held Lorenzo directly liable for fraud rather than tagging him with responsibility just for aiding and abetting they would be encouraging plaintiffs' lawyers to sue defendants who would otherwise be protected under the Supreme Courts 1994 decision in Central Bank of Denver v. First Interstate Bank of Denver. (Central Bank, you will recall, precludes private securities suits against alleged aiders and abettors.) Justice Clarence Thomas highlighted those fears in a dissent joined by Justice Neil Gorsuch. (Justice Brett Kavanaugh, who expressed reservations about the SECs scheme liability theory when he was on the D.C. Circuit, was recused from the case at the Supreme Court.) The Lorenzo majority, Thomas said, had effectively erased the line between primary and secondary liability for false statements, creating new exposure to shareholder class actions. If Lorenzos conduct here qualifies for primary liability, the dissent said, then virtually any person who assists with the making of a fraudulent misstatement will be primarily liable and thereby subject not only to SEC enforcement, but private lawsuits. But the lawyers I talked to, including Lorenzo counsel of record Robert Heim, said that as a practical matter, this newly created liability wont have broad impact in securities fraud class actions. In part, said defense lawyer Susan Hurd of Alston & Bird, thats because of the unusual facts in Lorenzos case. Lorenzo, remember, was not accused of publicly spreading lies but of emailing a handful of potential investors. Securities class actions against public companies typically involve public misstatements that impacted the companys share price. (Otherwise, shareholders cant invoke the Basic v. Levinson presumption that they relied on the false representations.) The companies themselves, Hurd said, are almost always alleged to have made the false public statements. In that context, Hurd said, shareholders dont need to claim the distributor theory the SEC asserted against Lorenzo. At most, said Lorenzo counsel Heim, the Supreme Court decision opens up class action liability against individual defendants who claim they werent responsible for a companys alleged misstatements. Sometimes investors may be able to rope in high-ranking executives like CEOs and CFOs under Lorenzo precedent, Heim said. But the ruling wont expose companies that couldnt otherwise be sued. Shareholders lawyers Posner of Cohen Milstein and Darren Robbins of Robbins Geller Rudman & Dowd agreed that Lorenzo liability theories will be the exception, not the rule. Robbins told me the Supreme Court decision gave teeth to the idea of scheme liability and may embolden shareholders lawyers to assert claims against defendants previously considered untouchable abettors. But he pointed out that shareholders will still have to establish that defendants who distributed false information intended to deceive investors a point Lorenzo conceded at the Supreme Court. Posner is actually litigating a class action alleging scheme liability and deceptive acts the rules Lorenzo violated against Credit Suisse. The law on these theories has been relatively underdeveloped, she said, and investors may, in isolated cases, decide it makes sense after Lorenzo to allege them. Posner predicted, however, that the Supreme Courts ruling will be more useful to regulators than to securities class action plaintiffs. For Lorenzo, of course, the rulings impact on private litigation is beside the point. Heim said his client, who has not been able to find work in the securities industry after the SEC brought its case, was disappointed in the Supreme Court ruling but hopeful that the SEC will consider Justice Thomas dissent when his case goes back to the commission on remand.
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On Wednesday, the Supreme Court sided with the SEC in Lorenzo v. Securities and Exchange Commission. The Lorenzo ruling may allow shareholders' lawyers to rope in individual defendants under newly available theories. But its not going to change the contours of securities class action litigation.
|
pegasus
| 2 |
https://www.reuters.com/article/us-otc-lorenzo/will-supreme-courts-lorenzo-ruling-spur-shareholder-class-actions-idUSKCN1R92KM
| 0.297323 |
What Is Tableau's Expected Revenue For FY 2019?
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Trefis estimates Tableau Software (NYSE:DATA) to post revenues above $1.3 billion in FY 2019 on the back of its continuous expansion and innovation. The Business Analytics Software Licenses segment is expected to contribute $597 million while the Maintenance and services segment is expected to contribute around $738 million. The company has been showing continuous revenue growth over the years and had broken the billion barrier at the end of FY 2018 to report total revenue of $1.16 billion. Based on Trefis analysis, we have maintained our long-term price estimate for Tableau at $139, which is around 13% ahead of the current market price. We have created an interactive dashboard on How Has Tableaus Revenue Grown Over The Years And What Is Its Forecast?, which details our forecasts for the company in the near term. You can modify our assumptions to see the impact any changes would have on the companys revenue. In addition, here is more Information Technology Data. Trefis At the forefront of the revenue growth is the continuous expansion and rising customer base of the company. At the end of FY 2018 the company had more than 86K customers, more than doubled in the last 3 years. In the last quarter of 2018 the company had strengthened its position in the APAC region while also expanding its footprint to regions like Sweden, Netherlands, and Hong Kong. At the end of 2019 Trefis estimates the company to have a customer base of around 96K. The move towards subscription licensing has brought down the average licensing revenue per customer but the increase in customer has more than offset the fall in average licensing revenue per customer. We estimate a further 10% fall in the metric for the year 2019 but the overall revenue from the segment is expected to increase due to the increase in the customer base. The maintenance and services segment continues to push the growth with its average revenue per customer rising for most part of the decade. The growth in the segment is fueled by the continuous innovation of the company. In 2018 the company delivered more than 140 new features in the end-to-end analytics platform. We expect a moderate 3% increase in the average revenue per customer in the metric for the year 2019 and a high growth in the overall segment. Explore example interactive dashboards and create your own.
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Trefis: Tableau Software expected to post revenues above $1.3 billion in FY 2019.
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ctrlsum
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https://www.forbes.com/sites/greatspeculations/2019/03/28/what-is-tableaus-expected-revenue-for-fy-2019/
| 0.507187 |
What Is Tableau's Expected Revenue For FY 2019?
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Trefis estimates Tableau Software (NYSE:DATA) to post revenues above $1.3 billion in FY 2019 on the back of its continuous expansion and innovation. The Business Analytics Software Licenses segment is expected to contribute $597 million while the Maintenance and services segment is expected to contribute around $738 million. The company has been showing continuous revenue growth over the years and had broken the billion barrier at the end of FY 2018 to report total revenue of $1.16 billion. Based on Trefis analysis, we have maintained our long-term price estimate for Tableau at $139, which is around 13% ahead of the current market price. We have created an interactive dashboard on How Has Tableaus Revenue Grown Over The Years And What Is Its Forecast?, which details our forecasts for the company in the near term. You can modify our assumptions to see the impact any changes would have on the companys revenue. In addition, here is more Information Technology Data. Trefis At the forefront of the revenue growth is the continuous expansion and rising customer base of the company. At the end of FY 2018 the company had more than 86K customers, more than doubled in the last 3 years. In the last quarter of 2018 the company had strengthened its position in the APAC region while also expanding its footprint to regions like Sweden, Netherlands, and Hong Kong. At the end of 2019 Trefis estimates the company to have a customer base of around 96K. The move towards subscription licensing has brought down the average licensing revenue per customer but the increase in customer has more than offset the fall in average licensing revenue per customer. We estimate a further 10% fall in the metric for the year 2019 but the overall revenue from the segment is expected to increase due to the increase in the customer base. The maintenance and services segment continues to push the growth with its average revenue per customer rising for most part of the decade. The growth in the segment is fueled by the continuous innovation of the company. In 2018 the company delivered more than 140 new features in the end-to-end analytics platform. We expect a moderate 3% increase in the average revenue per customer in the metric for the year 2019 and a high growth in the overall segment. Explore example interactive dashboards and create your own.
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Trefis: Tableau Software expected to post revenues above $1.3 billion in FY 2019. At the forefront of the revenue growth is the continuous expansion and rising customer base of the company.
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ctrlsum
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https://www.forbes.com/sites/greatspeculations/2019/03/28/what-is-tableaus-expected-revenue-for-fy-2019/
| 0.583786 |
What Is Tableau's Expected Revenue For FY 2019?
|
Trefis estimates Tableau Software (NYSE:DATA) to post revenues above $1.3 billion in FY 2019 on the back of its continuous expansion and innovation. The Business Analytics Software Licenses segment is expected to contribute $597 million while the Maintenance and services segment is expected to contribute around $738 million. The company has been showing continuous revenue growth over the years and had broken the billion barrier at the end of FY 2018 to report total revenue of $1.16 billion. Based on Trefis analysis, we have maintained our long-term price estimate for Tableau at $139, which is around 13% ahead of the current market price. We have created an interactive dashboard on How Has Tableaus Revenue Grown Over The Years And What Is Its Forecast?, which details our forecasts for the company in the near term. You can modify our assumptions to see the impact any changes would have on the companys revenue. In addition, here is more Information Technology Data. Trefis At the forefront of the revenue growth is the continuous expansion and rising customer base of the company. At the end of FY 2018 the company had more than 86K customers, more than doubled in the last 3 years. In the last quarter of 2018 the company had strengthened its position in the APAC region while also expanding its footprint to regions like Sweden, Netherlands, and Hong Kong. At the end of 2019 Trefis estimates the company to have a customer base of around 96K. The move towards subscription licensing has brought down the average licensing revenue per customer but the increase in customer has more than offset the fall in average licensing revenue per customer. We estimate a further 10% fall in the metric for the year 2019 but the overall revenue from the segment is expected to increase due to the increase in the customer base. The maintenance and services segment continues to push the growth with its average revenue per customer rising for most part of the decade. The growth in the segment is fueled by the continuous innovation of the company. In 2018 the company delivered more than 140 new features in the end-to-end analytics platform. We expect a moderate 3% increase in the average revenue per customer in the metric for the year 2019 and a high growth in the overall segment. Explore example interactive dashboards and create your own.
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Trefis estimates Tableau to post revenues above $1.3 billion in FY 2019. The company had broken the billion barrier at the end of FY 2018 to report total revenue of $1.16 billion. At the end of FY 2018 the company had more than 86K customers, more than doubled in the last 3 years.
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pegasus
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https://www.forbes.com/sites/greatspeculations/2019/03/28/what-is-tableaus-expected-revenue-for-fy-2019/
| 0.574428 |
What Rights Do Teens Have When It Comes To Their Health?
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Getty Any parent or guardian who has brings their child to receive medical care may have to sign a consent form, especially if a procedure is involved. Consent to undergo care is usually signed even before a child is seen by a doctor, evaluated in an emergency department, or is being admitted to a hospital. When it comes to teen minors (ages 13 through 17), the areas of consent, dissent and assent become remarkably gray, especially when it comes to undergoing any type of medical or surgical intervention. The answer is, it depends. It partially depends on the medical indication for the procedure, but more specifically it depends on the state in which the procedure is performed. There are no federal guidelines regarding a minor teen's rights when it comes to medical care, and each state medical board has different regulations. In many treatment facilities across the country, a pre-procedure pregnancy test is performed on all females of menstruating age, even if the individual is pre-menstrual or menopausal. The only indication to forego this test is absence of a uterus. In my institution, pre-procedure urine pregnancy testing is performed in females between ages 10 and 53 years. While the likelihood of pregnancy in a 10-year-old or a 53-year-old is quite low, it is not zero. The tricky part ensues when a minor's urine pregnancy test is positive. In the state of California, by law, the treatment team is not permitted to disclose the positive pregnancy results to the patient's family without permission of the pregnant minor. And simultaneously, the treatment team cannot proceed with any intervention, as the parent or guardian is not able to give informed consent, given the treatment team's newly recognized additional risks of anesthesia and surgery on a pregnant individual and fetus. One of the most bizarre medical treatment conundrums: medical professionals cannot, by law, inform the parents of the pregnancy test results. And they cannot, by law, provide informed consent for an intervention without informing the added risks to the pregnant patient or the fetus of undergoing an intervention. Therein lies the rub. The treatment team has to cancel the procedure, but they cannot tell the pregnant teen's parents why. Getty The latest issue regarding minor teen consent (as opposed to assent or dissent) is the hot button issue of vaccines. There are currently 17 states, including those with active measles outbreaks, which allow parents to opt out of vaccinations for their children based on personal beliefs. The state of California requires medical exemptions to opt out. But even these became inordinately widespread, whereby some doctors would essentially 'sell' medical exemptions to families who, in reality, did not have a medical indication to opt out. A recent story of an 18-year-old un-vaccinated young man deciding to receive vaccinations against his parents wishes made headlines. The fact that he was 18, the age considered to be a legal adult in the world of health care and medical consent forms, made his decision easier to carry out. As the laws regarding teen consent for medical procedures varies from state to state, so do the laws for a teen requesting a vaccine when parents have refused. With new cases of measles popping up in multiple communities with high rates of un-vaccinated children, the issue of taking one's health into one's own hands has been raised in the teen population. It turns out that not only does the age a teen can make this decision vary from state to state, the specific vaccine in question also varies. Getty In California, minors ages 12 years and older can independently receive treatment for sexually transmitted infections (STI's) as well as receive the HPV vaccine, which prevents human papilloma virus (HPV)-induced lesions of the genital tract in both females and males, as well as cervical cancer, throat cancers, and sinus cancers. California minors can also receive the Hepatitis B vaccine without parental consent. In Oregon, where a public health emergency has been declared due to measles outbreaks, teens ages 15 and up may receive hospital care, dental and vision services, and any immunization without parental consent. In Washington state, teen minors may receive vaccines without parental consent if the treating physician deems the teen "mature," which seems a bit up for grabs regarding a true legal descriptor. Almost every state enables teen minors to make medical decisions regarding reproductive health, drug and alcohol dependence issues, and mental health support without need for parental permission. And, while in the past, parents would readily want to protect their children from infectious diseases by immunizing, teens are now being faced with having a say in protecting themselves against illnesses they've never seen. Until now.
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There are no federal guidelines regarding a minor teen's rights when it comes to medical care. Each state medical board has different regulations. In California, minors ages 12 years and older can independently receive treatment for sexually transmitted infections (STI's) as well as receive the HPV vaccine.
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Who Will Win Ukraine's Presidential Election?
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At first it was hard to tell whether the clip was serious. Standing next to a Christmas tree, Volodymyr Zelensky, one of the most famous comedians in Ukraine, posted a video on New Years Eve announcing his bid for the presidency. Most people in Ukraine already knew him as the guy who plays the President on television. In his hit sitcom, Servant of the People, he stars as a history teacher who gets elected by accident and becomes the only honest leader in a system full of crooks. But his real-life campaign was no joke. Zelensky has been the front runner in the race since January. In most surveys, roughly twice as many people say they will vote for him as for his closest rivals during the first round of voting on March 31. Polls suggest he would also beat any challenger in the runoff set for April 21, when Zelensky is expected to face the incumbent, President Petro Poroshenko, a candy magnate who has led Ukraine through five years of conflict with Russia. The matchup between them might seem amusing, as opposed to terrifying, were it not for the fault lines that run through Ukraine. The conflict along the border with Russia has already claimed over 13,000 lives. More than a million people have fled the fighting. The U.S. and its allies have sent weapons to help defend Ukraine and imposed sanctions to punish Russia. The resulting standoff has brought the Cold War back to life along the eastern edge of Europe, and the next Ukrainian President will need to keep it from turning hot. Zelensky says hell manage it. Try not to worry, he told TIME in his dressing room one night in March after the premiere of his new variety show in Kiev. Well figure it out. Zelensky performs at his televised comedy sketch show in Kiev on March 13. Five years on from the revolution on Maidan Square, where police killed scores of protesters before the old regime collapsed, the new one in Kiev remains mired in corruption, despised by its people and one skirmish away from being invaded by the nuclear power next door. The rumble of that war has always risked drawing in the U.S. and Europe. But the more likely outcome if the fighting drags on is what diplomats call Ukraine fatigue the deepening sense in foreign capitals that the country is a lost cause, too dysfunctional to save from Russias clutches. Zelensky might be the one to prove them wrong. With help from some savvy advisers and, at least according to his opponents, the backing of an oligarch who is wanted in Ukraine over a multibillion-dollar fraud, he has built a campaign that humiliated the elites by harnessing the nations fury against them. No other politician (except perhaps the former reality-TV star who occupies the Oval Office) has provided a truer test of the theory that politics in our age is just a form of show business. It certainly feels that way to Zelenskys rivals. Its not just Ukraine. This is a trend all over the world, says Yulia Tymoshenko, the former Prime Minister who is now polling in second place. Its the total degeneration of representative democracy. With the right spin machine and enough money to manipulate voters on social media, she says, You could make a Senator out of a horse. Or a President out of a comic. In a system as corrupt as the one in Ukraine, Zelensky may be right to treat political experience as a liability. He says he plans to crowdsource ideas for running the country. He has declined to take part in debates or publish a detailed electoral platform. Instead he has focused on entertainment. The third season of Servant of the People in which his character (spoiler alert) saves Ukraine from ruin is due to drop in its entirety a few days before the election, giving voters just enough time to binge-watch it before heading to the polls. In lieu of rallies, Zelensky is also touring a variety show complete with comedians, dancers and at least one Playboy Playmate. He urged the crowd on opening night not to think too hard about the upcoming vote. No campaigning tonight, he said. Its just a show. Besides, you paid money for it. After a pause to let the weirdness of it all sink in, he added, Whos ever heard of such a thing. The audience watches Zelensky perform. Anastasia Taylor-Lind for TIME Zelensky, center, watches from the wings as his colleagues perform. Anastasia Taylor-Lind for TIME The battle for the presidency once looked like an easy win for Ukraines most powerful woman. Tymoshenko was leading in the polls last year because no other candidate could claim her credentials: two terms as Prime Minister, two campaigns for the presidency, two years behind bars as a prisoner of conscience and two popular uprisings that saw protesters carry her portrait like a talisman against corruption. Her office in Kiev looks like a walk-in rsum. The walls are plastered with photos of her leading the Orange Revolution to victory in 2004. Theres a vitrine full of gifts from the envoys of China and a framed photo of her with the original Iron Lady, Margaret Thatcher, the U.K. Prime Minister. On Tymoshenkos desk, beside a portrait of her daughter, stands a picture of her with Donald Trump at his Inauguration, the blond crown of her braid somehow outshining the mane of the U.S. President. Still, she doesnt fault Ukrainians for supporting Zelensky. We cant blame people for this, she says one afternoon in March, when polls had her ahead of the President, suggesting she might be the one to face the comedian in a runoff vote. Their outrage is a sign of powerlessness, she says. They are so disappointed, so unhappy with the system that they start looking for new ways out. And when they dont find that, the rise of Zelenskies is like a protest, a response to the feeling of hopelessness. That feeling has indeed become common here in Ukraine. According to the World Bank, the economy has shrunk by nearly half since 2014, when Russian President Vladimir Putin sent his troops to seize the prime Ukrainian tourist destination of Crimea and its factories and coal mines in the east. The national currency lost about 70% of its value in the year after the war, and hasnt recovered. In a Gallup survey published in March, only 9% of Ukrainians expressed trust in their government, lower than in any other nation in the world. Ask them why, and a likely answer will be corruption, whose scale has long evoked as much awe as disgust in Ukraine. The friends and allies of Viktor Yanukovych, who served as President from 2010 to 2014, stand accused of siphoning at least $37 billion of government money into offshore bank accounts. Today, Yanukovych is best remembered for two things among his people: the revolution he sparked in 2014 by choosing to ally with Russia instead of integrating with the European Union; and the palace he built for himself while in office, an almost comically luxurious compound near Kiev. In the final days of the revolution five years ago, when police snipers killed scores of demonstrators and precipitated the collapse of the regime, Yanukovych packed some valuables into a helicopter and fled to Russia, where he resides today under Putins protection. After a short bout of looting, the revolutionaries who chased him away decided to turn his villa into a museum of corruption, a place for tourists to marvel at his greed, taking selfies next to the faux Greek ruins Yanukovych had built to serve as lawn furniture. All the building power of the state was devoted to erecting this place, says Lyudmila Anatolievna, a tour guide at the estates private sauna complex, where the floors are inlaid with semiprecious stones. One of the first acts of Ukraines new leaders in 2014 was to set Tymoshenko free. She had served about two years out of a seven-year sentence handed down in 2011 for abuse of office, a punishment widely seen as part of Yanukovychs vendetta against her. But even after that stint as a political prisoner, Tymoshenko could not regain much public trust. The fortune she made in the energy trade in the 1990s, along with an unfavorable gas deal she signed with Putin while serving as Prime Minister in 2009, caused many Ukrainians to see her as an oligarch and a traitor. That history also came with an unflattering nickname: the Gas Princess. It was Tymoshenko who broke the rules, Yanukovych told TIME inside the presidential palace in 2012, when he was at the height of his power. And judgment will come. Tymoshenko at her party headquarters in Kiev on March 13. Anastasia Taylor-Lind for TIME It came two years later for Yanukovych. But Tymoshenko did not escape it, either. She won only 13% of the vote in the elections that followed the revolution. Her approval ratings have barely budged above that level since. When asked about the reasons, Tymoshenko singles out one man for blame the U.S. political consultant Paul Manafort, who worked for Yanukovych and his allies for more than a decade before he became Donald Trumps campaign chairman in 2016. For money, Tymoshenko says bitterly, he worked against me for over 10 years, distorting my name, humiliating me, and trying to smear my work and myself as a politician. Judgment has come for Manafort, too. As part of special counsel Robert Muellers investigation of Russian interference in the U.S. presidential race, a judge in Washington, D.C., sentenced him to six years in prison for illegally lobbying on behalf of the Yanukovych regime. Much of that lobbying was done in defense of Tymoshenkos imprisonment. So she felt a sense of satisfaction when the verdict came down. Everything becomes clear eventually, she tells TIME a few days later. But the stains on her reputation have never quite washed off. Zelensky is, by contrast, a blank slate when it comes to politics. Born and raised in the industrial backwater of Kryvyi Rih (Crooked Horn), which he has described as a city of bandits, Zelensky and his childhood friends formed their comedy troupe at the end of the 1990s and named it Kvartal 95 (District 95) after the neighborhood where they grew up. The troupe has grown into the biggest production studio in the country. Its offices take up the top three floors of a high-rise in Kiev, with a view onto the TV tower that beams their lineup across the capital. Our work hasnt changed much since we went into politics, says Vadym Pereverzev, a co-founder of the studio. We went from writing jokes to writing slogans. The difference is not that big. A lot of their comedy feeds into the campaign, either by deflecting criticism of Zelensky or casting him as the image of humility and strength. His presidential character in Servant of the People receives pep talks from his visions of Abraham Lincoln and Julius Caesar before forcing Ukraines politicians to ride bicycles to work. This makes our opponents go apoplectic, says Zelenskys campaign manager, Dmitry Razumkov. But legally it does not count as campaigning. Their main vulnerability throughout the race has been Zelenskys relationship with Ihor Kolomoisky, the oligarch whose television channel airs most of his material, including Servant of the People. Though he still runs most of his businesses from exile in Israel, Kolomoisky is a wanted man both in Russia and Ukraine. As the conflict between the two nations escalated in 2014, authorities in Moscow issued a warrant for Kolomoiskys arrest on charges of engaging in prohibited methods of warfare a reference to the private militias that Kolomoisky formed to defend his assets and fight off the Russian invasion. In Ukraine, his legal troubles began in 2016, when the government paid a bailout worth $5.6 billion to rescue and nationalize Kolomoiskys bank. He has since been charged with defrauding the bank for vast sums of money. The billionaire has denied these and other charges, and he did not reply to interview requests from TIME. But many of his opponents have pointed out how useful it would be for him to install Zelensky as President. Its so obvious theyre in cahoots, Tymoshenko told me. Im nobodys puppet. Much harder to deny is his partnership with Kolomoiskys television network, whose news division has also been shilling for Zelensky for months. Its most famous anchor and journalist, Dmitry Gordon, even has a sketch in the new variety show, which features him declaring that, after election day, Everyone will be Zelenskys best friend. Diplomats have already tried to get inside his head. Many have come away puzzled, says a Western diplomat briefed on Zelenskys meetings with foreign ambassadors. He wasnt in a position to specify what he intends to do when he wins, the diplomat tells TIME. On the substance we just dont know. His show offers some clues. In one episode of Servant of the People, the President of Ukraine, as played by Zelensky, tells a group of foreign envoys to go climb up an ass. In another, he has a vision of mowing down every lawmaker in parliament with a pair of submachine guns while Little Richards Long Tall Sally plays in the background. In todays Ukraine, all of that counts as a twisted sort of populism. It seems clear that people want the President from the TV show, says the Western diplomat. We dont know if Zelensky will be that President. The incumbent Poroshenko, left on this billboard, and rival Tymoshenko lag behind Zelensky in the polls. Valentyn OgirenkoReuters But Ukraines allies and its voters may prefer a blank slate to the incumbents record. Poroshenko has been hounded by corruption allegations for months. One of his top prosecutors was recorded telling the targets of corruption investigations how best to avoid them. Another one of the Presidents allies has been accused of smuggling weapons in from Russia and selling them at a mark-up to the military in Ukraine. These scandals have infuriated Ukraines allies in the West. But the prospect of a Tymoshenko presidency also makes them nervous. During a visit to Washington in December, she stunned her hosts by suggesting that China should help mediate the conflict in Ukraine. Her team has also suggested that Ukraine should threaten to build nuclear weapons in part to get attention on the global stage. Never say never, her top foreign-policy adviser, Hryhoriy Nemyria, told TIME about the nuclear issue. This could really help Ukraines argument. Asked to weigh in on such matters, Zelensky says he will appoint the best experts to resolve them. He has enough on his mind already. Someone had called in a bomb threat during the premiere of his variety show, and police brought dogs to sniff around the concession stands before deciding not to evacuate the theater. Although the call had been anonymous, Zelensky blamed it on the government. Theres your answer to the question of what motivates me, he said. With jokes and metaphors, he went on for a while about the need to save the country from its current leaders. If I didnt run, all of this might be gone soon, he said finally, waving at the costume racks and Hollywood mirrors. Just like that. Poof. Up in smoke. Contact us at editors@time.com.
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Comedian Volodymyr Zelensky is the front-runner in the race for Ukraine's presidency. The conflict along the border with Russia has already claimed over 13,000 lives.
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Who Will Win Ukraine's Presidential Election?
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At first it was hard to tell whether the clip was serious. Standing next to a Christmas tree, Volodymyr Zelensky, one of the most famous comedians in Ukraine, posted a video on New Years Eve announcing his bid for the presidency. Most people in Ukraine already knew him as the guy who plays the President on television. In his hit sitcom, Servant of the People, he stars as a history teacher who gets elected by accident and becomes the only honest leader in a system full of crooks. But his real-life campaign was no joke. Zelensky has been the front runner in the race since January. In most surveys, roughly twice as many people say they will vote for him as for his closest rivals during the first round of voting on March 31. Polls suggest he would also beat any challenger in the runoff set for April 21, when Zelensky is expected to face the incumbent, President Petro Poroshenko, a candy magnate who has led Ukraine through five years of conflict with Russia. The matchup between them might seem amusing, as opposed to terrifying, were it not for the fault lines that run through Ukraine. The conflict along the border with Russia has already claimed over 13,000 lives. More than a million people have fled the fighting. The U.S. and its allies have sent weapons to help defend Ukraine and imposed sanctions to punish Russia. The resulting standoff has brought the Cold War back to life along the eastern edge of Europe, and the next Ukrainian President will need to keep it from turning hot. Zelensky says hell manage it. Try not to worry, he told TIME in his dressing room one night in March after the premiere of his new variety show in Kiev. Well figure it out. Zelensky performs at his televised comedy sketch show in Kiev on March 13. Five years on from the revolution on Maidan Square, where police killed scores of protesters before the old regime collapsed, the new one in Kiev remains mired in corruption, despised by its people and one skirmish away from being invaded by the nuclear power next door. The rumble of that war has always risked drawing in the U.S. and Europe. But the more likely outcome if the fighting drags on is what diplomats call Ukraine fatigue the deepening sense in foreign capitals that the country is a lost cause, too dysfunctional to save from Russias clutches. Zelensky might be the one to prove them wrong. With help from some savvy advisers and, at least according to his opponents, the backing of an oligarch who is wanted in Ukraine over a multibillion-dollar fraud, he has built a campaign that humiliated the elites by harnessing the nations fury against them. No other politician (except perhaps the former reality-TV star who occupies the Oval Office) has provided a truer test of the theory that politics in our age is just a form of show business. It certainly feels that way to Zelenskys rivals. Its not just Ukraine. This is a trend all over the world, says Yulia Tymoshenko, the former Prime Minister who is now polling in second place. Its the total degeneration of representative democracy. With the right spin machine and enough money to manipulate voters on social media, she says, You could make a Senator out of a horse. Or a President out of a comic. In a system as corrupt as the one in Ukraine, Zelensky may be right to treat political experience as a liability. He says he plans to crowdsource ideas for running the country. He has declined to take part in debates or publish a detailed electoral platform. Instead he has focused on entertainment. The third season of Servant of the People in which his character (spoiler alert) saves Ukraine from ruin is due to drop in its entirety a few days before the election, giving voters just enough time to binge-watch it before heading to the polls. In lieu of rallies, Zelensky is also touring a variety show complete with comedians, dancers and at least one Playboy Playmate. He urged the crowd on opening night not to think too hard about the upcoming vote. No campaigning tonight, he said. Its just a show. Besides, you paid money for it. After a pause to let the weirdness of it all sink in, he added, Whos ever heard of such a thing. The audience watches Zelensky perform. Anastasia Taylor-Lind for TIME Zelensky, center, watches from the wings as his colleagues perform. Anastasia Taylor-Lind for TIME The battle for the presidency once looked like an easy win for Ukraines most powerful woman. Tymoshenko was leading in the polls last year because no other candidate could claim her credentials: two terms as Prime Minister, two campaigns for the presidency, two years behind bars as a prisoner of conscience and two popular uprisings that saw protesters carry her portrait like a talisman against corruption. Her office in Kiev looks like a walk-in rsum. The walls are plastered with photos of her leading the Orange Revolution to victory in 2004. Theres a vitrine full of gifts from the envoys of China and a framed photo of her with the original Iron Lady, Margaret Thatcher, the U.K. Prime Minister. On Tymoshenkos desk, beside a portrait of her daughter, stands a picture of her with Donald Trump at his Inauguration, the blond crown of her braid somehow outshining the mane of the U.S. President. Still, she doesnt fault Ukrainians for supporting Zelensky. We cant blame people for this, she says one afternoon in March, when polls had her ahead of the President, suggesting she might be the one to face the comedian in a runoff vote. Their outrage is a sign of powerlessness, she says. They are so disappointed, so unhappy with the system that they start looking for new ways out. And when they dont find that, the rise of Zelenskies is like a protest, a response to the feeling of hopelessness. That feeling has indeed become common here in Ukraine. According to the World Bank, the economy has shrunk by nearly half since 2014, when Russian President Vladimir Putin sent his troops to seize the prime Ukrainian tourist destination of Crimea and its factories and coal mines in the east. The national currency lost about 70% of its value in the year after the war, and hasnt recovered. In a Gallup survey published in March, only 9% of Ukrainians expressed trust in their government, lower than in any other nation in the world. Ask them why, and a likely answer will be corruption, whose scale has long evoked as much awe as disgust in Ukraine. The friends and allies of Viktor Yanukovych, who served as President from 2010 to 2014, stand accused of siphoning at least $37 billion of government money into offshore bank accounts. Today, Yanukovych is best remembered for two things among his people: the revolution he sparked in 2014 by choosing to ally with Russia instead of integrating with the European Union; and the palace he built for himself while in office, an almost comically luxurious compound near Kiev. In the final days of the revolution five years ago, when police snipers killed scores of demonstrators and precipitated the collapse of the regime, Yanukovych packed some valuables into a helicopter and fled to Russia, where he resides today under Putins protection. After a short bout of looting, the revolutionaries who chased him away decided to turn his villa into a museum of corruption, a place for tourists to marvel at his greed, taking selfies next to the faux Greek ruins Yanukovych had built to serve as lawn furniture. All the building power of the state was devoted to erecting this place, says Lyudmila Anatolievna, a tour guide at the estates private sauna complex, where the floors are inlaid with semiprecious stones. One of the first acts of Ukraines new leaders in 2014 was to set Tymoshenko free. She had served about two years out of a seven-year sentence handed down in 2011 for abuse of office, a punishment widely seen as part of Yanukovychs vendetta against her. But even after that stint as a political prisoner, Tymoshenko could not regain much public trust. The fortune she made in the energy trade in the 1990s, along with an unfavorable gas deal she signed with Putin while serving as Prime Minister in 2009, caused many Ukrainians to see her as an oligarch and a traitor. That history also came with an unflattering nickname: the Gas Princess. It was Tymoshenko who broke the rules, Yanukovych told TIME inside the presidential palace in 2012, when he was at the height of his power. And judgment will come. Tymoshenko at her party headquarters in Kiev on March 13. Anastasia Taylor-Lind for TIME It came two years later for Yanukovych. But Tymoshenko did not escape it, either. She won only 13% of the vote in the elections that followed the revolution. Her approval ratings have barely budged above that level since. When asked about the reasons, Tymoshenko singles out one man for blame the U.S. political consultant Paul Manafort, who worked for Yanukovych and his allies for more than a decade before he became Donald Trumps campaign chairman in 2016. For money, Tymoshenko says bitterly, he worked against me for over 10 years, distorting my name, humiliating me, and trying to smear my work and myself as a politician. Judgment has come for Manafort, too. As part of special counsel Robert Muellers investigation of Russian interference in the U.S. presidential race, a judge in Washington, D.C., sentenced him to six years in prison for illegally lobbying on behalf of the Yanukovych regime. Much of that lobbying was done in defense of Tymoshenkos imprisonment. So she felt a sense of satisfaction when the verdict came down. Everything becomes clear eventually, she tells TIME a few days later. But the stains on her reputation have never quite washed off. Zelensky is, by contrast, a blank slate when it comes to politics. Born and raised in the industrial backwater of Kryvyi Rih (Crooked Horn), which he has described as a city of bandits, Zelensky and his childhood friends formed their comedy troupe at the end of the 1990s and named it Kvartal 95 (District 95) after the neighborhood where they grew up. The troupe has grown into the biggest production studio in the country. Its offices take up the top three floors of a high-rise in Kiev, with a view onto the TV tower that beams their lineup across the capital. Our work hasnt changed much since we went into politics, says Vadym Pereverzev, a co-founder of the studio. We went from writing jokes to writing slogans. The difference is not that big. A lot of their comedy feeds into the campaign, either by deflecting criticism of Zelensky or casting him as the image of humility and strength. His presidential character in Servant of the People receives pep talks from his visions of Abraham Lincoln and Julius Caesar before forcing Ukraines politicians to ride bicycles to work. This makes our opponents go apoplectic, says Zelenskys campaign manager, Dmitry Razumkov. But legally it does not count as campaigning. Their main vulnerability throughout the race has been Zelenskys relationship with Ihor Kolomoisky, the oligarch whose television channel airs most of his material, including Servant of the People. Though he still runs most of his businesses from exile in Israel, Kolomoisky is a wanted man both in Russia and Ukraine. As the conflict between the two nations escalated in 2014, authorities in Moscow issued a warrant for Kolomoiskys arrest on charges of engaging in prohibited methods of warfare a reference to the private militias that Kolomoisky formed to defend his assets and fight off the Russian invasion. In Ukraine, his legal troubles began in 2016, when the government paid a bailout worth $5.6 billion to rescue and nationalize Kolomoiskys bank. He has since been charged with defrauding the bank for vast sums of money. The billionaire has denied these and other charges, and he did not reply to interview requests from TIME. But many of his opponents have pointed out how useful it would be for him to install Zelensky as President. Its so obvious theyre in cahoots, Tymoshenko told me. Im nobodys puppet. Much harder to deny is his partnership with Kolomoiskys television network, whose news division has also been shilling for Zelensky for months. Its most famous anchor and journalist, Dmitry Gordon, even has a sketch in the new variety show, which features him declaring that, after election day, Everyone will be Zelenskys best friend. Diplomats have already tried to get inside his head. Many have come away puzzled, says a Western diplomat briefed on Zelenskys meetings with foreign ambassadors. He wasnt in a position to specify what he intends to do when he wins, the diplomat tells TIME. On the substance we just dont know. His show offers some clues. In one episode of Servant of the People, the President of Ukraine, as played by Zelensky, tells a group of foreign envoys to go climb up an ass. In another, he has a vision of mowing down every lawmaker in parliament with a pair of submachine guns while Little Richards Long Tall Sally plays in the background. In todays Ukraine, all of that counts as a twisted sort of populism. It seems clear that people want the President from the TV show, says the Western diplomat. We dont know if Zelensky will be that President. The incumbent Poroshenko, left on this billboard, and rival Tymoshenko lag behind Zelensky in the polls. Valentyn OgirenkoReuters But Ukraines allies and its voters may prefer a blank slate to the incumbents record. Poroshenko has been hounded by corruption allegations for months. One of his top prosecutors was recorded telling the targets of corruption investigations how best to avoid them. Another one of the Presidents allies has been accused of smuggling weapons in from Russia and selling them at a mark-up to the military in Ukraine. These scandals have infuriated Ukraines allies in the West. But the prospect of a Tymoshenko presidency also makes them nervous. During a visit to Washington in December, she stunned her hosts by suggesting that China should help mediate the conflict in Ukraine. Her team has also suggested that Ukraine should threaten to build nuclear weapons in part to get attention on the global stage. Never say never, her top foreign-policy adviser, Hryhoriy Nemyria, told TIME about the nuclear issue. This could really help Ukraines argument. Asked to weigh in on such matters, Zelensky says he will appoint the best experts to resolve them. He has enough on his mind already. Someone had called in a bomb threat during the premiere of his variety show, and police brought dogs to sniff around the concession stands before deciding not to evacuate the theater. Although the call had been anonymous, Zelensky blamed it on the government. Theres your answer to the question of what motivates me, he said. With jokes and metaphors, he went on for a while about the need to save the country from its current leaders. If I didnt run, all of this might be gone soon, he said finally, waving at the costume racks and Hollywood mirrors. Just like that. Poof. Up in smoke. Contact us at editors@time.com.
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Comedian Volodymyr Zelensky is the front-runner in the race for Ukraine's presidency. The conflict along the border with Russia has already claimed over 13,000 lives. The next Ukrainian President will need to keep the Cold War back to life along the eastern edge of Europe.
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Whats the right way to slice a bagel?
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by Jessie Blaeser When you grab your morning bagel, its typically sliced through the middle, enabling you to make a bagel sandwich with cream cheese, eggs, baconanything you want. But in some regions of the U.S., this is not the norm. Some prefer their bagels bread sliced, meaning theyre sliced vertically and essentially transformed into mini loafs of bread. This camp argues bread-sliced bagels are better for sharing, while traditionalists call this method blasphemy. Before you freak out, give bread-sliced bagels a chance. Although it may look strange to newcomers, bread-sliced bagels represent a beautiful moment of genius where delicious bagel meets easy proportions. This trend was born out of St. Louis, Missouri, the hometown of The Tylts Politics Editor, Cait Bladt. Bladt explains why bread-sliced bagels are the right choice: "Bread slicing a Panera bagel MAKES SENSE. They give you a lil' cup of cream cheese. If you have a traditionally sliced bagel and you gotta drive yourself to high school and you smear that cream cheese on half a bagel, andGOD FORBIDit falls on your lap, you've got a full tragedy on your hands. But if you're using lil' bread-sliced bagel slices, you can dip and scoop as you see fit! Bread-sliced bagels are no different than french toast sticks. In the same way, bread-sliced bagels are much easier to manage and can handle maximum toppings with little mess. Today I introduced my coworkers to the St Louis secret of ordering bagels bread sliced. It was a hit! pic.twitter.com/XNGbljtpYz Alek Krautmann (@AlekKrautmann) March 26, 2019 As should be expected, others are horrified by the idea of butchering perfectly good bagels in such a grotesque way. The New York community in particularever-proud of its bagelswas decisive: A bagel should be sliced through the middle and only through the middle. Anything else is a sin. fairly confident this display would get one chased out of a new york office by a mob wielding plastic cutlery and menacingly snapping west side story style https://t.co/iVJxP062zX southpaw (@nycsouthpaw) March 27, 2019 Never fear, St. Louis! Bladt is back with more logic. She adds to her argument: "If you have a topping on a bagelAsiago cheese, cinnamon crunch, etc.conventional bagel slicing does not give you an optimal eating experience. You end up with one skinny top with all the toppings and a stupid bottom. Bread slicing, on the other hand, gives you a more rounded experience." Bread slicing not only maximizes toppings, it maximizes the flavor profile of the bagel. When you order a bagel that has a topping, you dont want that extra flavor to be over after you eat the top halfyou want it to last, and it should. Bread slicing makes that possible. Panera knows, and it rewarded its bread-slicing apostles. Hey Alek, next time bagels are on us, sliced however you'd like. Panera Bread (@panerabread) March 27, 2019 But some St. Louis natives disagree. Slicing a bagel multiple times (or many multiples of times), results in more exposed bread, which will ultimately make the bagel-now-sliced-loaf become stale much quicker. Bagels should only be sliced through the middle. Theres no need to change something that has worked since the beginning of time. I lived in StL for 6plus years. Slicing bagels this way only succeeding in drying out the bagel faster. Bleh John W. Davis II (@jwdavisii) March 27, 2019 The Tylt is focused on debates and conversations around news, current events and pop culture. We provide our community with the opportunity to share their opinions and vote on topics that matter most to them. We actively engage the community and present meaningful data on the debates and conversations as they progress. The Tylt is a place where your opinion counts, literally. The Tylt is an Advance Local Media, LLC property. Join us on Twitter @TheTylt, on Instagram @TheTylt or on Facebook, wed love to hear what you have to say.
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In some regions of the U.S., bagels are sliced through the middle. Others prefer their bagels "bread sliced," meaning they're sliced vertically and essentially transformed into mini loafs of bread. This trend was born out of St.
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pegasus
| 1 |
https://www.oregonlive.com/tylt/2019/03/whats-the-right-way-to-slice-a-bagel.html
| 0.179233 |
Whats the right way to slice a bagel?
|
by Jessie Blaeser When you grab your morning bagel, its typically sliced through the middle, enabling you to make a bagel sandwich with cream cheese, eggs, baconanything you want. But in some regions of the U.S., this is not the norm. Some prefer their bagels bread sliced, meaning theyre sliced vertically and essentially transformed into mini loafs of bread. This camp argues bread-sliced bagels are better for sharing, while traditionalists call this method blasphemy. Before you freak out, give bread-sliced bagels a chance. Although it may look strange to newcomers, bread-sliced bagels represent a beautiful moment of genius where delicious bagel meets easy proportions. This trend was born out of St. Louis, Missouri, the hometown of The Tylts Politics Editor, Cait Bladt. Bladt explains why bread-sliced bagels are the right choice: "Bread slicing a Panera bagel MAKES SENSE. They give you a lil' cup of cream cheese. If you have a traditionally sliced bagel and you gotta drive yourself to high school and you smear that cream cheese on half a bagel, andGOD FORBIDit falls on your lap, you've got a full tragedy on your hands. But if you're using lil' bread-sliced bagel slices, you can dip and scoop as you see fit! Bread-sliced bagels are no different than french toast sticks. In the same way, bread-sliced bagels are much easier to manage and can handle maximum toppings with little mess. Today I introduced my coworkers to the St Louis secret of ordering bagels bread sliced. It was a hit! pic.twitter.com/XNGbljtpYz Alek Krautmann (@AlekKrautmann) March 26, 2019 As should be expected, others are horrified by the idea of butchering perfectly good bagels in such a grotesque way. The New York community in particularever-proud of its bagelswas decisive: A bagel should be sliced through the middle and only through the middle. Anything else is a sin. fairly confident this display would get one chased out of a new york office by a mob wielding plastic cutlery and menacingly snapping west side story style https://t.co/iVJxP062zX southpaw (@nycsouthpaw) March 27, 2019 Never fear, St. Louis! Bladt is back with more logic. She adds to her argument: "If you have a topping on a bagelAsiago cheese, cinnamon crunch, etc.conventional bagel slicing does not give you an optimal eating experience. You end up with one skinny top with all the toppings and a stupid bottom. Bread slicing, on the other hand, gives you a more rounded experience." Bread slicing not only maximizes toppings, it maximizes the flavor profile of the bagel. When you order a bagel that has a topping, you dont want that extra flavor to be over after you eat the top halfyou want it to last, and it should. Bread slicing makes that possible. Panera knows, and it rewarded its bread-slicing apostles. Hey Alek, next time bagels are on us, sliced however you'd like. Panera Bread (@panerabread) March 27, 2019 But some St. Louis natives disagree. Slicing a bagel multiple times (or many multiples of times), results in more exposed bread, which will ultimately make the bagel-now-sliced-loaf become stale much quicker. Bagels should only be sliced through the middle. Theres no need to change something that has worked since the beginning of time. I lived in StL for 6plus years. Slicing bagels this way only succeeding in drying out the bagel faster. Bleh John W. Davis II (@jwdavisii) March 27, 2019 The Tylt is focused on debates and conversations around news, current events and pop culture. We provide our community with the opportunity to share their opinions and vote on topics that matter most to them. We actively engage the community and present meaningful data on the debates and conversations as they progress. The Tylt is a place where your opinion counts, literally. The Tylt is an Advance Local Media, LLC property. Join us on Twitter @TheTylt, on Instagram @TheTylt or on Facebook, wed love to hear what you have to say.
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In some regions of the U.S., bagels are sliced through the middle. Others prefer their bagels "bread sliced," meaning they're sliced vertically and essentially transformed into mini loafs of bread. This trend was born out of St. Louis, Missouri, the hometown of The Tylts Politics Editor, Cait Bladt.
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pegasus
| 2 |
https://www.oregonlive.com/tylt/2019/03/whats-the-right-way-to-slice-a-bagel.html
| 0.279199 |
What Was the Lowest Scoring NCAA Tournament Game in History?
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The two defense-first teams combined for 40 points in the first half, but even after a slow start, they won't come close to the record. The fewest points scored in any NCAA tournament game is 46, a record set in 1941 when Pittsburgh beat North Carolina 2620. The fewest scored in March Madness in the shot-clock era (since 1986) is 75, set when Missouri State beat Wisconsin 4332 in 1999. The lowest-scoring first half in tournament history in the shot-clock era finished with a combined 33 points, when Indiana scored 13 and UCLA scored 20 in the first half of their 2007 tournament meeting; Missouri State (21) and Wisconsin (12) who also finished with 33 points in 1999. The fewest combined points in a first half of a tournament game is 20, set by Pittsburgh and North Carolina on March 21, 1941 in the game that finished as the lowest scoring overall tournament game in history as well.
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The lowest points scored in any NCAA tournament game is 46, set in 1941 when Pittsburgh beat North Carolina 2620.
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pegasus
| 0 |
https://www.si.com/college-basketball/2019/03/28/lowest-scoring-ncaa-tournament-game-march-madness-history
| 0.560392 |
What Was the Lowest Scoring NCAA Tournament Game in History?
|
The two defense-first teams combined for 40 points in the first half, but even after a slow start, they won't come close to the record. The fewest points scored in any NCAA tournament game is 46, a record set in 1941 when Pittsburgh beat North Carolina 2620. The fewest scored in March Madness in the shot-clock era (since 1986) is 75, set when Missouri State beat Wisconsin 4332 in 1999. The lowest-scoring first half in tournament history in the shot-clock era finished with a combined 33 points, when Indiana scored 13 and UCLA scored 20 in the first half of their 2007 tournament meeting; Missouri State (21) and Wisconsin (12) who also finished with 33 points in 1999. The fewest combined points in a first half of a tournament game is 20, set by Pittsburgh and North Carolina on March 21, 1941 in the game that finished as the lowest scoring overall tournament game in history as well.
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The lowest points scored in any NCAA tournament game is 46, set in 1941 when Pittsburgh beat North Carolina 2620. The lowest-scoring first half in tournament history in the shot-clock era finished with a combined 33 points, set in 1999.
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pegasus
| 1 |
https://www.si.com/college-basketball/2019/03/28/lowest-scoring-ncaa-tournament-game-march-madness-history
| 0.670593 |
What Was the Lowest Scoring NCAA Tournament Game in History?
|
The two defense-first teams combined for 40 points in the first half, but even after a slow start, they won't come close to the record. The fewest points scored in any NCAA tournament game is 46, a record set in 1941 when Pittsburgh beat North Carolina 2620. The fewest scored in March Madness in the shot-clock era (since 1986) is 75, set when Missouri State beat Wisconsin 4332 in 1999. The lowest-scoring first half in tournament history in the shot-clock era finished with a combined 33 points, when Indiana scored 13 and UCLA scored 20 in the first half of their 2007 tournament meeting; Missouri State (21) and Wisconsin (12) who also finished with 33 points in 1999. The fewest combined points in a first half of a tournament game is 20, set by Pittsburgh and North Carolina on March 21, 1941 in the game that finished as the lowest scoring overall tournament game in history as well.
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The fewest points scored in any NCAA tournament game is 46, a record set in 1941. The fewest scored in March Madness in the shot-clock era is 75, set when Missouri State beat Wisconsin 4332 in 1999. The lowest-scoring first half in tournament history finished with a combined 33 points, when Indiana scored 13 and UCLA scored 20.
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bart
| 2 |
https://www.si.com/college-basketball/2019/03/28/lowest-scoring-ncaa-tournament-game-march-madness-history
| 0.61673 |
Why Talk About Women In Math?
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The conversations are happening because there is still much work to be done to make mathematics a field that wholeheartedly welcomes women and awards them for their contributions. According to a report from from the National Science Foundation, less than 30% of all U.S. doctoral degrees in mathematics and statistics are awarded to women. From 2006 to 2016, the percentage of mathematics and statistics doctorates obtained by women actually fell from 29.6% to 28.5%. (2016 is the most recent year for which those statistics are available.) A common approach to try to increase the number of women in math is to focus on creating or enhancing programs that get girls excited about math. For instance, that National Science Foundation report compares median annual salary statistics for women and men working in science and engineering fields. "Among scientists and engineers working full time in 2017, women generally made less than men in each broad occupational group. Overall, womens median annual salary was $66,000, whereas the median salary for men was $90,000," the report notes. In other words, for every dollar paid to men, women were paid about 73 cents. For what the report terms "mathematical scientists," the situation was somewhat better. But women were still paid unequally. The median salary for a woman mathematical scientist was $70,000, while the median salary for a male mathematical scientist was $81,000. In other words, for every dollar paid to men, women were paid about 86 cents. Don't even get me started about the recent news that almost half of all women scientists leave full-time positions after the birth of their first child. In some regards, things are looking up. Earlier this month, Karen Uhlenbeck was named as the winner of the 2019 Abel Prize, a top prize in mathematics. There's even an initiative to make May 12 a day for celebrating women in mathematics. Maryam Mirzakhani, who was the first (and, to date, the only) women mathematician to win the prestigious Fields Medal, was born on May 12, 1977. Yet there is still so much work to be done. Equality for women in mathematics isn't a topic or priority to confine to Women's History Month. It's a topic to discuss and fight for until we see parity in the number of degrees awarded to women compared to men. Until all women mathematicians are protected from sexism and sexual harassment in academic and industry jobs. Until women mathematicians receive equal pay. Between now and next March, let's not forget this.
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There is still much work to be done to make mathematics a field that wholeheartedly welcomes women and awards them for their contributions. A common approach to try to increase the number of women in math is to focus on getting girls excited about math.
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ctrlsum
| 1 |
https://www.forbes.com/sites/rachelcrowell/2019/03/28/why-talk-about-women-in-math/
| 0.109495 |
Can the world quench Chinas bottomless thirst for milk?
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Beijing-based film-maker Jian Yi, now 43, clearly remembers the arrival of fresh milk in his life. It was an image of it, not the real thing. It was the 1990s, and I first saw it in an advert on TV. The ad said explicitly that drinking milk would save the nation. It would make China stronger and better able to survive competition from other nations. Like most ethnic Han, who make up about 95% of the population, Jian was congenitally lactose-intolerant, meaning milk was hard to digest. His parents did not consume dairy at all when they were growing up; Chinas economy was closed to the global market and its own production very limited. Throughout the Mao era, milk was in short supply and rationed to those deemed to have a special need: infants and the elderly, athletes and party cadres above a certain grade. Through most of the imperial dynasties until the 20th century, milk was generally shunned as the slightly disgusting food of the barbarian invaders. Foreigners brought cows to the port cities that had been ceded to them by the Chinese in the opium wars of the 19th century, and a few groups such as Mongolian pastoralists used milk that was fermented, but it was not part of the typical Chinese diet. As China opened up to the market in the 1980s, after Maos death, dried milk powder began appearing in small shops where you could buy it with state-issued coupons. Jians parents bought it for him because they thought it would make him stronger. It was expensive, I didnt like it, I was intolerant, but we persuaded ourselves it was the food of the future, he said. You have to understand the psychology here there is a sense in China that we have been humiliated ever since the opium wars, but that now we are no longer going to be humiliated by foreign powers. When the Peoples Republic of China was born in 1949, its national dairy herd was said to consist of a mere 120,000 cows. Yet today, China is the third-largest milk producer in the world, estimated to have around 13m dairy cows, and the average person has gone from barely drinking milk at all to consuming about 30kg of dairy produce a year. In a little over 30 years, milk has become the emblem of a modern, affluent society and a country able to feed its people. The transition has been driven by the Chinese Communist Party (CCP), for which milk is not just food, but a key strategic tool. The partys claim to a monopoly on power is based on the principles of socialism. As it has tempered that socialist ideology with elements of a market economy, the legitimacy of the one-party state has instead depended on delivering the capitalist promise of increasing material wealth. The fact that people can afford animal produce is a visible symbol of the partys success. Making animal produce, particularly milk, available to everyone across the country is a way of tackling potentially destabilising inequalities that have arisen as China has developed between the big cities and some of the poorest rural areas. In the poorest regions, nearly one in five children are still stunted, or short for their age, from lack of adequate nutrition. White gold: the unstoppable rise of alternative milks Read more The partys current, 13th five-year plan identifies one of its top priorities as shifting from small-scale herds to larger industrial factory farms to keep its population of 1.4 billion in milk. Official guidelines on diet recommend people eat triple the amount of dairy foods that they typically consume currently. President Xi Jinping has talked in speeches about making a new China man. In 2014, he visited a factory owned by Chinas largest dairy processor, Yili, and exhorted its workers to produce good, safe, dairy products. That new China man is expected to be a milk-drinker. The reinvention of milk as a staple of modern China has required a series of remarkable feats, not least of which was to overcome the peoples lactose-intolerance and create a market for milk where there had been none. It has involved privatising farming, allowing processing companies to become corporations, and even converting desert areas into giant factory farms. Now the global impact of Chinas ever-expanding dairy sector is causing concern in other countries. Dairy farming requires access to vast quantities of fresh water: it takes an estimated 1,020 litres of water to make one litre of milk. But China suffers from water scarcity, and has been buying land and water rights abroad, as well as establishing large-scale processing factories in other countries. Farmed animals are also one of the most significant causes of man-made climate change. Livestock currently account for about 14.5% of the worlds total greenhouse gas emissions, more than the entire global transportation sector. Cattle account for more than two-thirds of those livestock emissions. Ruminants have a disproportionate impact because their digestion releases vast quantities of methane, a particularly potent greenhouse gas, and their excreta produces nitrous oxide. On top of that, large areas of forest are being cleared to make more land available for crops to feed farm animals, releasing carbon dioxide. China already imports 60% of the total volume of soyabeans traded worldwide, to make the high-protein feed it needs. Its demand for soya is a major driver of deforestation of the Amazon and Brazilian savanna. Delivering milk across long distances to urban supermarkets produces yet more emissions. According to a study by academics in China and the Netherlands, if Chinese milk consumption grows as forecast, using its current farming methods, the global emissions from dairy production alone will increase by 35% and the land needed to feed cows for China would have to increase by 32% in the next 30 years. Chinas ambitions to triple its milk consumption will have major global consequences, according to the studys lead Dutch researcher, Gerard Velthof. Chinas own capacity to produce more is limited by its lack of resources. So, if the additional milk to meet demand in China were mostly imported, we would have to find two new countries the size of Ireland and give them over completely to producing feed just for cows milked either in or for China. Jian believes Chinas new obsession with milk took hold with the 1984 Olympic Games in Los Angeles. When he made a documentary about food in China a decade ago, he interviewed people of his parents generation, who repeatedly mentioned watching the games. New mass ownership of television sets had allowed Chinese people to see real foreigners, as opposed to actors, live on TV for the first time. It made a huge impression on people, Jian recalled. They were amazed to see how strong and tall foreigners were. They could jump twice as far, run twice as fast. They concluded that Americans ate a lot of beef and drank a lot of milk and Chinese people needed to catch up. Chinese state planners were also impressed by the way the Japanese had developed. When the US defeated and occupied Japan after the second world war, they had introduced feeding programmes in Japanese schools to give children milk and eggs. Average heights increased within one generation. By 1984, Deng Xiaopings market reforms, which had begun just a few years earlier in December 1978, were ushering in a period of unprecedented economic growth. GDP increased an average of about 10% a year until 2010. The first phase of reforms ended collective farming in agriculture, opened industries up to foreign investment, and allowed individuals to start businesses. A new household responsibility programme allowed families to farm individual plots of land and sell surplus for profit once again. These smallholders were encouraged to keep a few cattle for milk to increase their income while boosting domestic supplies. The effect was dramatic. The amount of food produced rose rapidly and, over the next two decades, would grow by an average of 4.5% a year. As populations urbanise, they have always moved up the food chain, making the transition from diets largely based on grains and vegetable staples to ones in which meat, dairy, fats and sugars feature more prominently. China has followed the same trajectory. Dairy consumption grew rapidly through the 1980s and early 90s. The western model of retailing based on supermarkets with longer supply chains arrived in cities, too, making it possible for producers to distribute milk further and easy for shoppers to buy it. As incomes increased, people could afford refrigerators in their homes and wanted milk to put in them. For factory employees working long hours, dairy foods represented a convenient way to get nutrients without having to cook. Technology to produce UHT milk with longer sell-by dates, imported in the late 90s, gave consumption a further boost. Since fermenting milk helps break down lactose, new yoghurt products were also marketed to overcome lactose-intolerance. Facebook Twitter Pinterest Cartons of imported milk for sale in a supermarket in Beijing. Photograph: Sean Gallagher/The Guardian From the mid-80s on, a number of leading dairy transnationals such as Fonterra, Nestl, Danone and Arla made major investments in China to grow their brands there. Chinese dairy processors, supported by the state and with access to new foreign capital, also spent millions creating demand through advertising first, and then looking to meet supply second. The arrival of western-style fast foods such as McDonalds in the early 90s brought cheese into the everyday Chinese diet. The end of the decade saw Starbucks opening in Beijing and western-style coffee-shop culture take off, making milk fashionable. Milk represented modernity, progress and the rise of China. By the end of the 90s, the eastern cities of China were booming, and people were consuming more dairy foods, but a gap was growing between there and the interior, where people were much poorer and still drank little milk. The state began new campaigns to make farming more efficient and to speed up overall development in the less prosperous western regions. Promoting the industrial-scale farming of intensively fed cows in new hi-tech facilities in Inner Mongolia was part of that push for modernisation. The partys five-year plans, from the late 90s on, introduced a raft of supports for dairy businesses. The state facilitated loans to farm companies to buy cows, gave processing companies tax breaks and issued tens of millions in national debt funds to improve breeding stock and milking and packaging facilities. Chinas accession to the World Trade Organisation in 2001 gave the dairy trade a further boost. The drive for dairy was highly effective. In 1990, urban Chinese were consuming about 4kg of dairy produce on average a year. By 2005, that had skyrocketed to 18kg per person per year. In the countryside, consumption lagged, but in that same period it nevertheless rose from 1kg per person per year to nearly 3kg. Inner Mongolia became the leading source of milk and now accounts for a quarter of the countrys total dairy production. To spread the milk habit further, the state set about creating new generations of dairy consumers. Babies are born with the capacity to make lactase, the enzyme needed to digest the lactose in milk, but generally lose it when they are weaned in infancy. East Asian people are also genetically predisposed to lactase-deficiency. Older generations of Chinese, whose diet has not featured dairy produce, are mostly intolerant of lactose, but if infants never stopped drinking milk, they could maintain some capacity to produce lactase and avoid suffering the bloating that put people off it. So health professionals in vaccination clinics were trained to tell parents to feed their children milk. The state initiated a school milk programme in 2000 to give a daily cup of free milk to urban children, and later extended it to rural areas. Premier Wen Jiabao visited a dairy farm in 2006 and wrote that he had a dream that everyone in China, and especially children, should have one jin (or 500g) of milk a day. New official nutrition guidelines were issued recommending more milk and dairy foods in the diet. Drinking milk was deliberately associated with athletic prowess and national pride. Yili, which has its headquarters in Hohhot, where the local Inner Mongolian state is a shareholder with significant control, was designated official partner and supplier of milk to the Olympics in 2008. Its slogan was: With me, China is strong. Mengniu, Chinas second-largest dairy producer, is also a state-controlled private enterprise based in Inner Mongolia. It has spent millions sponsoring televised sport, as well as Chinas version of Pop Idol and the Chinese space programme. It was an official sponsor of the 2018 football World Cup, and its advertisements were ubiquitous during matches, with the unforgettable slogan: Power of nature, born for greatness. Jians parents now drink milk regularly, although he has himself become vegan. Concerned about climate change and animal welfare, he runs the China Good Food Fund, a project to promote sustainable food. My mother has diabetes and has been told to diet, but the doctors say she must still have milk to make her strong, he said. The Chinese have learned to drink milk in the same way that they learned to drink Coca-Cola. Cola seemed weird at first, it tasted odd, it was brown, it had horrible bubbles milk was the same, but we were drinking something in our imagination; we were drinking the western lifestyle, what was modern, he told me. It seemed as though nothing could stop the inexorable rise of milk in China, but then scandal struck. In 2008, after a decade of explosive growth, it emerged that raw milk from 22 dairy companies, including Yili, Mengniu and many other leading processors, had been adulterated with melamine, an industrial chemical used in plastics. It had been added to watered-down milk to cheat the protein tests on which the price paid to farmers was based. The melamine combined with uric acid to make kidney stones, which cause acute damage to the urinary tract, and excruciating pain, particularly in babies and young children. Nearly 300,000 children across mainland China suffered serious illness. Six babies died. Tens of millions of infants had to be checked by doctors as their parents panicked about their safety. Sales of Chinese milk collapsed overnight. Top executives from one large processing company, Sanlu, turned out to have known about the adulteration for months but had covered it up, paying for internet search engines to censor negative reports about its products. While the 2008 Beijing Olympics was projecting a positive image of modern China, local officials delayed reporting the crime to higher authorities. It was the New Zealand dairy giant Fonterra, which had a 43% shareholding in Sanlu, that blew the whistle to its own government, eventually forcing the Chinese authorities to act. Sanlu became the focus of enforcement: its managers were prosecuted and jailed, a farmer and middleman were tried and executed. Fonterra had to write off NZ$139m (71m) of investment. Most of the blame, however, was put on small farmers and largely unregulated middlemen who collected milk from communal milking stations. The state has since made sweeping changes to safety regulation and tightened inspection. There have, however, been repeated food scares linked to contaminated milk and other products in recent years. Consumers remain deeply suspicious about the safety of local food, fearing adulteration, residues from the overuse of agrochemicals, toxins from the pollution of ground water and air by industrial waste and excessive use of antibiotics. Many affluent parents still only buy foreign brands of milk for their young children. When it was imposing its one-child policy, the CCP made a social compact with the people: while family size might be limited, the state would make sure that each couples treasured offspring would be as strong as it could make them. In the 2000s, feeding children milk took on great importance in maintaining the policy. In the hutong the narrow alleys of old Beijing, with their traditional single-storey courtyard houses and communal public toilets one often sees clusters of three or four ageing grandparents playing with a single small child whose parents are out at work. A grandmother in her 60s shopping in Jinkelong supermarket chain told us she bought milk everyday for her grandchild. The childs parents did not drink cows milk, but soya milk instead, while she herself did not drink it at all because she was lactose-intolerant, but she thought it was good for the child to build his strength and physical development. She laughed and said: No, but I choose the bigger brands and I switch between them a lot; so if were being poisoned at least we are not storing up one kind. Since the melamine scandal, imports of foreign milk powder have soared. To stop agents buying too much milk powder for resale in China, shops in Australia imposed bans on bulk purchases of infant formula. New Zealand has also had periods of rationing formula. BHG, an upmarket Beijing supermarket in a shopping mall near an affluent residential area, had prominent displays of UHT and milk powder brands from Germany and New Zealand, along with gift packs of small cartons in luxury packaging. The fresh milk on display made much of being pure, sourced from Inner Mongolia with its bright green pastures. Facebook Twitter Pinterest The China Shengmu Organic Dairy in Inner Mongolia. Photograph: Jeff Zhou/CIWF To rebuild confidence in Chinese produce, the state has accelerated the industrialisation of production and investment in large-scale farms. Before the scandal, 70% of dairy farmers in China had herds of 20 or fewer cows. Six years after, the number of small herds had dropped to 43% and industrial units with more than 1,000 head of cattle accounted for nearly 20% of the dairy farms. Smallholders were encouraged to move their cattle into special designated zones known as cow hotels with expert technicians on hand. At the same time, the state imposed tough licensing on farmers, forcing many with smaller herds out of dairy production altogether. Last October, I was taken to one model operation in Inner Mongolia that shows the trend towards hi-tech, more intensive farming. The China Shengmu Organic Dairy was first conceived in 2009 as a response to the melamine poisoning scandal, and as a pioneering experiment in tackling environmental problems. The company is an example of the close relationship between private enterprise and state that characterises the socialist countrys engagement with capitalism. Farmland was nationalised under Mao and remains in state control. The local Mongolian state allowed Shengmu to rent land and was involved in negotiating rights with nomads and local farmers, some of whom now work with its livestock, its manager Yan Shengmao told me. Its founding directors were executives from Mengniu. They were given the go-ahead by state regulators for a public offering on the Hong Kong stock exchange in 2014, and fresh capital flowed in from foreign and Chinese state banks and private equity investors. The idea was to test the market for a higher-quality, more expensive sort of home-grown production. Despite Inner Mongolias pastoral image, which is a big selling point in milk advertising, the traditional nomad herder way of life has been decimated over decades by overgrazing, by policies of compulsory settlement, enclosure and relocation, and by industrial development. The regions grasslands are now severely degraded, grazing is restricted, and the Gobi desert is encroaching. But in part of the regions Ulan Buher desert, thanks to irrigation from the Yellow River and 90m recently planted trees, what was a landscape of giant sand dunes less than a decade ago has been turned by Shengmu into a farm for up to 100,000 Holstein cows, kept in 23 industrial units housing 5,000-10,000 each. Most of Shengmus cows have been bred from US stock, whose advanced genetic selection makes them very high-yielding. It is a confined animal feeding operation (CAFO), meaning the cows do not graze outdoors on pasture even if it were available, such breeds are at the limit of their physiology and could not keep up with their energy needs by eating grass alone. I was invited up to the office control centre where several giant screens filled one wall, some split into 36 CCTV images monitoring every corner of the unit. With no smell and no noise, the view felt more Truman show than real farming, but biosecurity rules prevented Yan from taking me around on the ground in person, he explained, so we zoomed in remotely instead. In the centre image, a steady stream of cattle were filing on to a continuously rotating milking machine, slotting themselves into each of its bays without human intervention. A handful of workers in a pit below then checked their udders and briskly attached automatic suction teats. The computer-controlled milking machines record output per cow and release the suction when they detect that an udder is empty, at which point the cows back themselves out of the still-revolving platform and follow the bovine traffic back to their hanger-like barns. From a multi-storey watchtower outside we then surveyed the area around. Each Shengmu barn adjoins an open-air pen, and the cows were queuing up in the dry, cold air to relieve their itches on a whirring electric scrubbing brush. Manure from the farm is collected, and then used to build soil in the desert, fertilising the surrounding new fields where fodder is grown in summer, instead of becoming the polluting slurry that is a serious problem in many CAFOs. The feed is supplemented by commodity imports from the US. When Shengmus founders first considered siting their project in the area, experts told them it could not be done, Yan said. They thought it was too barren. But now they thought they had kept the herd largely free of the disease that often affects such intensive production while changing the climate, and offering Chinese consumers premium milk they could trust. Shengmus milk is processed in its own factory, where lines of gleaming imported stainless steel pipes and vats turn it into Tetra Paks of premium yoghurt and UHT milk. Its worker dormitory, amid bright green lawns, was quiet when I visited, as the factory was working at a fraction of its capacity. We overestimated current demand for organic milk and have adjusted production, Yan said. In fact, Yili tried to take over the company in 2016, but failed to gain approval from the state. Then at the beginning of 2019, Mengniu made its bid for the Shengmu milk operation. Despite profit warnings, the factory serves another function. It advertises itself as a tourist centre like several other large-scale farm businesses, it is not just a producer but also a marketing tool, and the Chinese public are encouraged to visit and see how reliably hi-tech and hygienic its dairy processes are. Years of famine and constant food shortages are a living memory for older Chinese people, and are the spectre that still drives much of party policy today. Under Maos Great Leap Forward programme, which began in 1958, farmers had been forced on to collective farms and rural workers diverted away from fields into new industries and the building of infrastructure. The collectives were paid a fixed price for what they produced, but were not allowed to make a profit from any surplus. When mismanagement coincided with flood and severe drought in 1959, agricultural production collapsed. In the Great Famine that followed, at least 36 million people died. Then Maos subsequent decade of Cultural Revolution between 1966 and 1976 saw the relocation of millions of people. By the end of it, people in rural areas barely had enough to eat. Maintaining the growth in prosperity from 40 years of market reform is of existential importance to the leadership, said Charles Parton, adviser on China to the House of Commons foreign affairs select committee and associate fellow of the Royal United Services Institute thinktank. The legitimacy of the party is based on several pillars, but the first is economic. Its the promise that the party will make you better off than you were before, Parton told me. Meat used to be an occasional luxury; dairy was mostly not available, so if you can now afford both meat and milk regularly, you feel wealthier. Food shortages and food prices that rise faster than wages are historic causes of civil unrest. The CCP is obsessed with feeding this enormous population it will go on growing until at least 2030. The reason it bangs on about food security and food safety is that its a potential source of instability. People come out on the streets about it. It really hits them if the milk they want to feed their babies is not safe. Preparing for the growth in its own demand, China has been buying up land and water resources along with dairies and processing factories across the world. The Belt and Road Initiative, Xis plan to build road, rail, cable, pipe and port infrastructure on an unprecedented scale to link China to resources and markets across the world, is at least in part about food security. Launched in 2013, it is expected to cost more than $1tn, and to cross more than 60 countries. It will enable China to access food resources more widely and, thanks to new digital networks, faster than ever before. The Yili group has already acquired huge dairy processing capacity in New Zealand and talks enthusiastically of being part of a Belt and Road dairy alliance, a new China-led milk road across the continents. Facebook Twitter Pinterest Video screens inside the the China Shengmu Organic Dairy in Inner Mongolia. Photograph: Jeff Zhou/CIWF As the economy has slowed down, it is critical for the state to keep delivering on the promise that people will be better off than before. As Parton explained: The message is that only the party can make China great again, putting it back in its rightful place at the centre of the world; only China has the right form of governance to deal with huge global challenges. The party promotes socialism with Chinese characteristics on the basis that we face systemic crises such as climate breakdown that can only be fixed with the sort of long-term structural reform that is impossible within short electoral cycles or in unfettered markets where the profit motive trumps all else. State ownership of the means of production and distribution has shrunk considerably; it now accounts for about 25-30% of business overall, and the party recognises that the private sector is the most dynamic. But as good Leninists, you dont let go of the main economic levers, Parton said. The Chinese dairy sector is an example of the approach: leading companies such as Yili and Mengniu, and new ones such as Shengmu, are well capitalised with private shareholders and foreign investors, but the state retains control in various ways, by being a significant shareholder, giving preferential access to state-bank loans or state assets such as land or to listings on stock exchanges, and through internal party committees. That has created tension with the west, which questions how open to the free market China really is. The leading Dutch cooperative bank, Rabobank, provides financial services to 17 of the top 20 global dairy companies, so its senior dairy analyst, Peter Paul Coppes, has an inside view of the sector. He has tracked the Chinese dairy market since the 1990s. Its a very big and growing market, and the increase in dairy consumption is driven by the Chinese state. It is making sure that the essential parts of peoples expenditure, whether its food or fuel, are affordable, Coppes said. We did it in Europe. Now they want to take care of their food security, too. He is sanguine about what this means for foreign investors. There is a long-term interest for the Chinese state in foreign collaboration. They just wont let you get control of production. Youll have to settle for a minority shareholding. The Chinese diet has been transformed with extraordinary speed. The percentage of the population that was undernourished fell from 24% in 1990 to 9% in 2015, as per capita income soared by more than 2,000%, according to the UNs Food and Agriculture Organisation (FAO). Now, however, like other emerging and developed economies that have adopted western eating habits, the country faces a new dilemma. Inadequate diets are still causing stunting in the poorest country areas, but now about a third of the adult population is overweight, while 6% is obese. China is having to deal with undernutrition and overnutrition at the same time. The sort of growth weve seen in just 40 years, and for a population of 1.4 billion, its never been seen in history. Its tremendous, said Shenggen Fan, director general of the Washington-based International Food Policy Research Institute. The Chinese think that part of the reason why they are shorter than other nationalities is a lack of access to milk. If you drink a cup of milk a day, or have an egg a day, you will get taller. There is good evidence that animal-source foods reduce stunting. For Fan, the transformation has been personal. His parents and grandparents were farmers. I was born in a poor village in Jiangsu province and we were hungry all the time. We really struggled. We lacked basic things electricity, roads. When I grew up I never, ever had dairy products. I only saw fresh milk when I went to college. His grandmother saved the family from the Great Famine, he said, and he was born right after it in 1962. During the collectivisation period you were not to supposed to cook for yourself, but eat in the communal canteens. My grandmother was smart she saw it would not work, so she saved food for the whole family hidden around for a rainy day. His father, a village leader when Dengs reforms were introduced, was able to increase his income with livestock and cash crops. We saw the market beginning to work. That enabled him and his brothers to be educated and, when state restrictions on where you could live were relaxed, they were free to move to the cities and earn more, climbing the socio-economic ladder. Facebook Twitter Pinterest A carton of German milk imported to China. Photograph: Sean Gallagher/The Guardian After 33 years in the west, Fan is soon to return to a university post in Beijing, to promote sustainable development. The government has a very ambitious programme, Healthy China 2030, to make sure children have access to healthy food including dairy produce in all provinces. They are scaling up in China. Im not against it, but industrialisation must be sustainable. China needs to make sure smallholders dont lose out in the process. Concerns around finite resources, the climate and the overuse of antibiotics, drugs and pesticides have now moved up the states agenda. Last October, in the grandiose, state-run Beijing Conference Center, the Chinese ministry of agriculture laid out what the CCPs current priorities for farming are. Its chief director of animal husbandry, Ma Youxiang, addressed the second world conference on animal welfare, hosted by the International Cooperation Committee of Animal Welfare (a Chinese NGO) and the FAO, and co-organised with UK-based NGO Compassion in World Farming. Taking to the stage to the triumphal Star Wars theme, Ma described new challenges ahead. An ageing population with greater life expectancy, and the recent relaxation of the one-child policy to allow all couples to have a second child, would increase Chinas nutritional requirements. In the tit-for-tat trade war with the US, retaliatory tariffs imposed by China on US soya had dramatically affected the price of animal feed, creating inflationary pressures in food. We shall promote the milk industry continuously, he said. But going all out for growth whatever the environmental costs was no longer possible. The priority for livestock used to be just producing more. Thats not an approach we can take any longer. We have over 80m farm units, and many scattered family households. How do we make them more modern? While I was in Inner Mongolia, we were taken to tour one of the earliest hydroelectricity dams on the Yellow River, built in 1961 to control what had been frequent flooding, and to channel irrigation. In these upper reaches, the rivers water had powered heavy industry and made the desert bloom. The officials said there was plenty of water, but over-extraction has left other regions critically short. A decade ago, the Yellow River was failing to reach the sea for significant parts of the year. Since then, a digital monitoring and rationing plan has helped reduce contamination and keep it flowing once more but some experts question the sustainability of siting water-intensive industries such as livestock farming in areas of water scarcity and warn that China is heading for an acute water crisis. Human impulses run riot: Chinas shocking pace of change Read more Eight of Chinas northern provinces suffer from acute water scarcity, four from scarcity, and a further two, Xinjiang and Inner Mongolia, are largely desert. Ground water is falling fast. These 12 provinces account for 38% of Chinas agriculture, 46% of its industry, 50% of its power generation, and 41% of its population, so China is going to have to make some very difficult decisions about who and what gets the water, said Parton. It will also continue to outsource its needs abroad. Despite Xis Made in China 2025 campaign to increase domestic production for many commodities, milk is not included in that homegrown policy. In the plans from the party, dairy is always very high on the agenda, but they dont say it has to come from China, said Coppes from Rabobank. If Chinas demand for dairy triples again by 2050, as projected by state targets and some financial analysts, the typical Chinese person would still consume less than half of what the average European gets through. Follow The long read on Twitter at @gdnlongread, or sign up to the long read weekly email here.
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China is the third-largest milk producer in the world, estimated to have around 13m dairy cows, and the average person has gone from barely drinking milk to consuming about 30kg of dairy produce a year.
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https://www.theguardian.com/environment/2019/mar/29/can-the-world-quench-chinas-bottomless-thirst-for-milk
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Can the world quench Chinas bottomless thirst for milk?
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Beijing-based film-maker Jian Yi, now 43, clearly remembers the arrival of fresh milk in his life. It was an image of it, not the real thing. It was the 1990s, and I first saw it in an advert on TV. The ad said explicitly that drinking milk would save the nation. It would make China stronger and better able to survive competition from other nations. Like most ethnic Han, who make up about 95% of the population, Jian was congenitally lactose-intolerant, meaning milk was hard to digest. His parents did not consume dairy at all when they were growing up; Chinas economy was closed to the global market and its own production very limited. Throughout the Mao era, milk was in short supply and rationed to those deemed to have a special need: infants and the elderly, athletes and party cadres above a certain grade. Through most of the imperial dynasties until the 20th century, milk was generally shunned as the slightly disgusting food of the barbarian invaders. Foreigners brought cows to the port cities that had been ceded to them by the Chinese in the opium wars of the 19th century, and a few groups such as Mongolian pastoralists used milk that was fermented, but it was not part of the typical Chinese diet. As China opened up to the market in the 1980s, after Maos death, dried milk powder began appearing in small shops where you could buy it with state-issued coupons. Jians parents bought it for him because they thought it would make him stronger. It was expensive, I didnt like it, I was intolerant, but we persuaded ourselves it was the food of the future, he said. You have to understand the psychology here there is a sense in China that we have been humiliated ever since the opium wars, but that now we are no longer going to be humiliated by foreign powers. When the Peoples Republic of China was born in 1949, its national dairy herd was said to consist of a mere 120,000 cows. Yet today, China is the third-largest milk producer in the world, estimated to have around 13m dairy cows, and the average person has gone from barely drinking milk at all to consuming about 30kg of dairy produce a year. In a little over 30 years, milk has become the emblem of a modern, affluent society and a country able to feed its people. The transition has been driven by the Chinese Communist Party (CCP), for which milk is not just food, but a key strategic tool. The partys claim to a monopoly on power is based on the principles of socialism. As it has tempered that socialist ideology with elements of a market economy, the legitimacy of the one-party state has instead depended on delivering the capitalist promise of increasing material wealth. The fact that people can afford animal produce is a visible symbol of the partys success. Making animal produce, particularly milk, available to everyone across the country is a way of tackling potentially destabilising inequalities that have arisen as China has developed between the big cities and some of the poorest rural areas. In the poorest regions, nearly one in five children are still stunted, or short for their age, from lack of adequate nutrition. White gold: the unstoppable rise of alternative milks Read more The partys current, 13th five-year plan identifies one of its top priorities as shifting from small-scale herds to larger industrial factory farms to keep its population of 1.4 billion in milk. Official guidelines on diet recommend people eat triple the amount of dairy foods that they typically consume currently. President Xi Jinping has talked in speeches about making a new China man. In 2014, he visited a factory owned by Chinas largest dairy processor, Yili, and exhorted its workers to produce good, safe, dairy products. That new China man is expected to be a milk-drinker. The reinvention of milk as a staple of modern China has required a series of remarkable feats, not least of which was to overcome the peoples lactose-intolerance and create a market for milk where there had been none. It has involved privatising farming, allowing processing companies to become corporations, and even converting desert areas into giant factory farms. Now the global impact of Chinas ever-expanding dairy sector is causing concern in other countries. Dairy farming requires access to vast quantities of fresh water: it takes an estimated 1,020 litres of water to make one litre of milk. But China suffers from water scarcity, and has been buying land and water rights abroad, as well as establishing large-scale processing factories in other countries. Farmed animals are also one of the most significant causes of man-made climate change. Livestock currently account for about 14.5% of the worlds total greenhouse gas emissions, more than the entire global transportation sector. Cattle account for more than two-thirds of those livestock emissions. Ruminants have a disproportionate impact because their digestion releases vast quantities of methane, a particularly potent greenhouse gas, and their excreta produces nitrous oxide. On top of that, large areas of forest are being cleared to make more land available for crops to feed farm animals, releasing carbon dioxide. China already imports 60% of the total volume of soyabeans traded worldwide, to make the high-protein feed it needs. Its demand for soya is a major driver of deforestation of the Amazon and Brazilian savanna. Delivering milk across long distances to urban supermarkets produces yet more emissions. According to a study by academics in China and the Netherlands, if Chinese milk consumption grows as forecast, using its current farming methods, the global emissions from dairy production alone will increase by 35% and the land needed to feed cows for China would have to increase by 32% in the next 30 years. Chinas ambitions to triple its milk consumption will have major global consequences, according to the studys lead Dutch researcher, Gerard Velthof. Chinas own capacity to produce more is limited by its lack of resources. So, if the additional milk to meet demand in China were mostly imported, we would have to find two new countries the size of Ireland and give them over completely to producing feed just for cows milked either in or for China. Jian believes Chinas new obsession with milk took hold with the 1984 Olympic Games in Los Angeles. When he made a documentary about food in China a decade ago, he interviewed people of his parents generation, who repeatedly mentioned watching the games. New mass ownership of television sets had allowed Chinese people to see real foreigners, as opposed to actors, live on TV for the first time. It made a huge impression on people, Jian recalled. They were amazed to see how strong and tall foreigners were. They could jump twice as far, run twice as fast. They concluded that Americans ate a lot of beef and drank a lot of milk and Chinese people needed to catch up. Chinese state planners were also impressed by the way the Japanese had developed. When the US defeated and occupied Japan after the second world war, they had introduced feeding programmes in Japanese schools to give children milk and eggs. Average heights increased within one generation. By 1984, Deng Xiaopings market reforms, which had begun just a few years earlier in December 1978, were ushering in a period of unprecedented economic growth. GDP increased an average of about 10% a year until 2010. The first phase of reforms ended collective farming in agriculture, opened industries up to foreign investment, and allowed individuals to start businesses. A new household responsibility programme allowed families to farm individual plots of land and sell surplus for profit once again. These smallholders were encouraged to keep a few cattle for milk to increase their income while boosting domestic supplies. The effect was dramatic. The amount of food produced rose rapidly and, over the next two decades, would grow by an average of 4.5% a year. As populations urbanise, they have always moved up the food chain, making the transition from diets largely based on grains and vegetable staples to ones in which meat, dairy, fats and sugars feature more prominently. China has followed the same trajectory. Dairy consumption grew rapidly through the 1980s and early 90s. The western model of retailing based on supermarkets with longer supply chains arrived in cities, too, making it possible for producers to distribute milk further and easy for shoppers to buy it. As incomes increased, people could afford refrigerators in their homes and wanted milk to put in them. For factory employees working long hours, dairy foods represented a convenient way to get nutrients without having to cook. Technology to produce UHT milk with longer sell-by dates, imported in the late 90s, gave consumption a further boost. Since fermenting milk helps break down lactose, new yoghurt products were also marketed to overcome lactose-intolerance. Facebook Twitter Pinterest Cartons of imported milk for sale in a supermarket in Beijing. Photograph: Sean Gallagher/The Guardian From the mid-80s on, a number of leading dairy transnationals such as Fonterra, Nestl, Danone and Arla made major investments in China to grow their brands there. Chinese dairy processors, supported by the state and with access to new foreign capital, also spent millions creating demand through advertising first, and then looking to meet supply second. The arrival of western-style fast foods such as McDonalds in the early 90s brought cheese into the everyday Chinese diet. The end of the decade saw Starbucks opening in Beijing and western-style coffee-shop culture take off, making milk fashionable. Milk represented modernity, progress and the rise of China. By the end of the 90s, the eastern cities of China were booming, and people were consuming more dairy foods, but a gap was growing between there and the interior, where people were much poorer and still drank little milk. The state began new campaigns to make farming more efficient and to speed up overall development in the less prosperous western regions. Promoting the industrial-scale farming of intensively fed cows in new hi-tech facilities in Inner Mongolia was part of that push for modernisation. The partys five-year plans, from the late 90s on, introduced a raft of supports for dairy businesses. The state facilitated loans to farm companies to buy cows, gave processing companies tax breaks and issued tens of millions in national debt funds to improve breeding stock and milking and packaging facilities. Chinas accession to the World Trade Organisation in 2001 gave the dairy trade a further boost. The drive for dairy was highly effective. In 1990, urban Chinese were consuming about 4kg of dairy produce on average a year. By 2005, that had skyrocketed to 18kg per person per year. In the countryside, consumption lagged, but in that same period it nevertheless rose from 1kg per person per year to nearly 3kg. Inner Mongolia became the leading source of milk and now accounts for a quarter of the countrys total dairy production. To spread the milk habit further, the state set about creating new generations of dairy consumers. Babies are born with the capacity to make lactase, the enzyme needed to digest the lactose in milk, but generally lose it when they are weaned in infancy. East Asian people are also genetically predisposed to lactase-deficiency. Older generations of Chinese, whose diet has not featured dairy produce, are mostly intolerant of lactose, but if infants never stopped drinking milk, they could maintain some capacity to produce lactase and avoid suffering the bloating that put people off it. So health professionals in vaccination clinics were trained to tell parents to feed their children milk. The state initiated a school milk programme in 2000 to give a daily cup of free milk to urban children, and later extended it to rural areas. Premier Wen Jiabao visited a dairy farm in 2006 and wrote that he had a dream that everyone in China, and especially children, should have one jin (or 500g) of milk a day. New official nutrition guidelines were issued recommending more milk and dairy foods in the diet. Drinking milk was deliberately associated with athletic prowess and national pride. Yili, which has its headquarters in Hohhot, where the local Inner Mongolian state is a shareholder with significant control, was designated official partner and supplier of milk to the Olympics in 2008. Its slogan was: With me, China is strong. Mengniu, Chinas second-largest dairy producer, is also a state-controlled private enterprise based in Inner Mongolia. It has spent millions sponsoring televised sport, as well as Chinas version of Pop Idol and the Chinese space programme. It was an official sponsor of the 2018 football World Cup, and its advertisements were ubiquitous during matches, with the unforgettable slogan: Power of nature, born for greatness. Jians parents now drink milk regularly, although he has himself become vegan. Concerned about climate change and animal welfare, he runs the China Good Food Fund, a project to promote sustainable food. My mother has diabetes and has been told to diet, but the doctors say she must still have milk to make her strong, he said. The Chinese have learned to drink milk in the same way that they learned to drink Coca-Cola. Cola seemed weird at first, it tasted odd, it was brown, it had horrible bubbles milk was the same, but we were drinking something in our imagination; we were drinking the western lifestyle, what was modern, he told me. It seemed as though nothing could stop the inexorable rise of milk in China, but then scandal struck. In 2008, after a decade of explosive growth, it emerged that raw milk from 22 dairy companies, including Yili, Mengniu and many other leading processors, had been adulterated with melamine, an industrial chemical used in plastics. It had been added to watered-down milk to cheat the protein tests on which the price paid to farmers was based. The melamine combined with uric acid to make kidney stones, which cause acute damage to the urinary tract, and excruciating pain, particularly in babies and young children. Nearly 300,000 children across mainland China suffered serious illness. Six babies died. Tens of millions of infants had to be checked by doctors as their parents panicked about their safety. Sales of Chinese milk collapsed overnight. Top executives from one large processing company, Sanlu, turned out to have known about the adulteration for months but had covered it up, paying for internet search engines to censor negative reports about its products. While the 2008 Beijing Olympics was projecting a positive image of modern China, local officials delayed reporting the crime to higher authorities. It was the New Zealand dairy giant Fonterra, which had a 43% shareholding in Sanlu, that blew the whistle to its own government, eventually forcing the Chinese authorities to act. Sanlu became the focus of enforcement: its managers were prosecuted and jailed, a farmer and middleman were tried and executed. Fonterra had to write off NZ$139m (71m) of investment. Most of the blame, however, was put on small farmers and largely unregulated middlemen who collected milk from communal milking stations. The state has since made sweeping changes to safety regulation and tightened inspection. There have, however, been repeated food scares linked to contaminated milk and other products in recent years. Consumers remain deeply suspicious about the safety of local food, fearing adulteration, residues from the overuse of agrochemicals, toxins from the pollution of ground water and air by industrial waste and excessive use of antibiotics. Many affluent parents still only buy foreign brands of milk for their young children. When it was imposing its one-child policy, the CCP made a social compact with the people: while family size might be limited, the state would make sure that each couples treasured offspring would be as strong as it could make them. In the 2000s, feeding children milk took on great importance in maintaining the policy. In the hutong the narrow alleys of old Beijing, with their traditional single-storey courtyard houses and communal public toilets one often sees clusters of three or four ageing grandparents playing with a single small child whose parents are out at work. A grandmother in her 60s shopping in Jinkelong supermarket chain told us she bought milk everyday for her grandchild. The childs parents did not drink cows milk, but soya milk instead, while she herself did not drink it at all because she was lactose-intolerant, but she thought it was good for the child to build his strength and physical development. She laughed and said: No, but I choose the bigger brands and I switch between them a lot; so if were being poisoned at least we are not storing up one kind. Since the melamine scandal, imports of foreign milk powder have soared. To stop agents buying too much milk powder for resale in China, shops in Australia imposed bans on bulk purchases of infant formula. New Zealand has also had periods of rationing formula. BHG, an upmarket Beijing supermarket in a shopping mall near an affluent residential area, had prominent displays of UHT and milk powder brands from Germany and New Zealand, along with gift packs of small cartons in luxury packaging. The fresh milk on display made much of being pure, sourced from Inner Mongolia with its bright green pastures. Facebook Twitter Pinterest The China Shengmu Organic Dairy in Inner Mongolia. Photograph: Jeff Zhou/CIWF To rebuild confidence in Chinese produce, the state has accelerated the industrialisation of production and investment in large-scale farms. Before the scandal, 70% of dairy farmers in China had herds of 20 or fewer cows. Six years after, the number of small herds had dropped to 43% and industrial units with more than 1,000 head of cattle accounted for nearly 20% of the dairy farms. Smallholders were encouraged to move their cattle into special designated zones known as cow hotels with expert technicians on hand. At the same time, the state imposed tough licensing on farmers, forcing many with smaller herds out of dairy production altogether. Last October, I was taken to one model operation in Inner Mongolia that shows the trend towards hi-tech, more intensive farming. The China Shengmu Organic Dairy was first conceived in 2009 as a response to the melamine poisoning scandal, and as a pioneering experiment in tackling environmental problems. The company is an example of the close relationship between private enterprise and state that characterises the socialist countrys engagement with capitalism. Farmland was nationalised under Mao and remains in state control. The local Mongolian state allowed Shengmu to rent land and was involved in negotiating rights with nomads and local farmers, some of whom now work with its livestock, its manager Yan Shengmao told me. Its founding directors were executives from Mengniu. They were given the go-ahead by state regulators for a public offering on the Hong Kong stock exchange in 2014, and fresh capital flowed in from foreign and Chinese state banks and private equity investors. The idea was to test the market for a higher-quality, more expensive sort of home-grown production. Despite Inner Mongolias pastoral image, which is a big selling point in milk advertising, the traditional nomad herder way of life has been decimated over decades by overgrazing, by policies of compulsory settlement, enclosure and relocation, and by industrial development. The regions grasslands are now severely degraded, grazing is restricted, and the Gobi desert is encroaching. But in part of the regions Ulan Buher desert, thanks to irrigation from the Yellow River and 90m recently planted trees, what was a landscape of giant sand dunes less than a decade ago has been turned by Shengmu into a farm for up to 100,000 Holstein cows, kept in 23 industrial units housing 5,000-10,000 each. Most of Shengmus cows have been bred from US stock, whose advanced genetic selection makes them very high-yielding. It is a confined animal feeding operation (CAFO), meaning the cows do not graze outdoors on pasture even if it were available, such breeds are at the limit of their physiology and could not keep up with their energy needs by eating grass alone. I was invited up to the office control centre where several giant screens filled one wall, some split into 36 CCTV images monitoring every corner of the unit. With no smell and no noise, the view felt more Truman show than real farming, but biosecurity rules prevented Yan from taking me around on the ground in person, he explained, so we zoomed in remotely instead. In the centre image, a steady stream of cattle were filing on to a continuously rotating milking machine, slotting themselves into each of its bays without human intervention. A handful of workers in a pit below then checked their udders and briskly attached automatic suction teats. The computer-controlled milking machines record output per cow and release the suction when they detect that an udder is empty, at which point the cows back themselves out of the still-revolving platform and follow the bovine traffic back to their hanger-like barns. From a multi-storey watchtower outside we then surveyed the area around. Each Shengmu barn adjoins an open-air pen, and the cows were queuing up in the dry, cold air to relieve their itches on a whirring electric scrubbing brush. Manure from the farm is collected, and then used to build soil in the desert, fertilising the surrounding new fields where fodder is grown in summer, instead of becoming the polluting slurry that is a serious problem in many CAFOs. The feed is supplemented by commodity imports from the US. When Shengmus founders first considered siting their project in the area, experts told them it could not be done, Yan said. They thought it was too barren. But now they thought they had kept the herd largely free of the disease that often affects such intensive production while changing the climate, and offering Chinese consumers premium milk they could trust. Shengmus milk is processed in its own factory, where lines of gleaming imported stainless steel pipes and vats turn it into Tetra Paks of premium yoghurt and UHT milk. Its worker dormitory, amid bright green lawns, was quiet when I visited, as the factory was working at a fraction of its capacity. We overestimated current demand for organic milk and have adjusted production, Yan said. In fact, Yili tried to take over the company in 2016, but failed to gain approval from the state. Then at the beginning of 2019, Mengniu made its bid for the Shengmu milk operation. Despite profit warnings, the factory serves another function. It advertises itself as a tourist centre like several other large-scale farm businesses, it is not just a producer but also a marketing tool, and the Chinese public are encouraged to visit and see how reliably hi-tech and hygienic its dairy processes are. Years of famine and constant food shortages are a living memory for older Chinese people, and are the spectre that still drives much of party policy today. Under Maos Great Leap Forward programme, which began in 1958, farmers had been forced on to collective farms and rural workers diverted away from fields into new industries and the building of infrastructure. The collectives were paid a fixed price for what they produced, but were not allowed to make a profit from any surplus. When mismanagement coincided with flood and severe drought in 1959, agricultural production collapsed. In the Great Famine that followed, at least 36 million people died. Then Maos subsequent decade of Cultural Revolution between 1966 and 1976 saw the relocation of millions of people. By the end of it, people in rural areas barely had enough to eat. Maintaining the growth in prosperity from 40 years of market reform is of existential importance to the leadership, said Charles Parton, adviser on China to the House of Commons foreign affairs select committee and associate fellow of the Royal United Services Institute thinktank. The legitimacy of the party is based on several pillars, but the first is economic. Its the promise that the party will make you better off than you were before, Parton told me. Meat used to be an occasional luxury; dairy was mostly not available, so if you can now afford both meat and milk regularly, you feel wealthier. Food shortages and food prices that rise faster than wages are historic causes of civil unrest. The CCP is obsessed with feeding this enormous population it will go on growing until at least 2030. The reason it bangs on about food security and food safety is that its a potential source of instability. People come out on the streets about it. It really hits them if the milk they want to feed their babies is not safe. Preparing for the growth in its own demand, China has been buying up land and water resources along with dairies and processing factories across the world. The Belt and Road Initiative, Xis plan to build road, rail, cable, pipe and port infrastructure on an unprecedented scale to link China to resources and markets across the world, is at least in part about food security. Launched in 2013, it is expected to cost more than $1tn, and to cross more than 60 countries. It will enable China to access food resources more widely and, thanks to new digital networks, faster than ever before. The Yili group has already acquired huge dairy processing capacity in New Zealand and talks enthusiastically of being part of a Belt and Road dairy alliance, a new China-led milk road across the continents. Facebook Twitter Pinterest Video screens inside the the China Shengmu Organic Dairy in Inner Mongolia. Photograph: Jeff Zhou/CIWF As the economy has slowed down, it is critical for the state to keep delivering on the promise that people will be better off than before. As Parton explained: The message is that only the party can make China great again, putting it back in its rightful place at the centre of the world; only China has the right form of governance to deal with huge global challenges. The party promotes socialism with Chinese characteristics on the basis that we face systemic crises such as climate breakdown that can only be fixed with the sort of long-term structural reform that is impossible within short electoral cycles or in unfettered markets where the profit motive trumps all else. State ownership of the means of production and distribution has shrunk considerably; it now accounts for about 25-30% of business overall, and the party recognises that the private sector is the most dynamic. But as good Leninists, you dont let go of the main economic levers, Parton said. The Chinese dairy sector is an example of the approach: leading companies such as Yili and Mengniu, and new ones such as Shengmu, are well capitalised with private shareholders and foreign investors, but the state retains control in various ways, by being a significant shareholder, giving preferential access to state-bank loans or state assets such as land or to listings on stock exchanges, and through internal party committees. That has created tension with the west, which questions how open to the free market China really is. The leading Dutch cooperative bank, Rabobank, provides financial services to 17 of the top 20 global dairy companies, so its senior dairy analyst, Peter Paul Coppes, has an inside view of the sector. He has tracked the Chinese dairy market since the 1990s. Its a very big and growing market, and the increase in dairy consumption is driven by the Chinese state. It is making sure that the essential parts of peoples expenditure, whether its food or fuel, are affordable, Coppes said. We did it in Europe. Now they want to take care of their food security, too. He is sanguine about what this means for foreign investors. There is a long-term interest for the Chinese state in foreign collaboration. They just wont let you get control of production. Youll have to settle for a minority shareholding. The Chinese diet has been transformed with extraordinary speed. The percentage of the population that was undernourished fell from 24% in 1990 to 9% in 2015, as per capita income soared by more than 2,000%, according to the UNs Food and Agriculture Organisation (FAO). Now, however, like other emerging and developed economies that have adopted western eating habits, the country faces a new dilemma. Inadequate diets are still causing stunting in the poorest country areas, but now about a third of the adult population is overweight, while 6% is obese. China is having to deal with undernutrition and overnutrition at the same time. The sort of growth weve seen in just 40 years, and for a population of 1.4 billion, its never been seen in history. Its tremendous, said Shenggen Fan, director general of the Washington-based International Food Policy Research Institute. The Chinese think that part of the reason why they are shorter than other nationalities is a lack of access to milk. If you drink a cup of milk a day, or have an egg a day, you will get taller. There is good evidence that animal-source foods reduce stunting. For Fan, the transformation has been personal. His parents and grandparents were farmers. I was born in a poor village in Jiangsu province and we were hungry all the time. We really struggled. We lacked basic things electricity, roads. When I grew up I never, ever had dairy products. I only saw fresh milk when I went to college. His grandmother saved the family from the Great Famine, he said, and he was born right after it in 1962. During the collectivisation period you were not to supposed to cook for yourself, but eat in the communal canteens. My grandmother was smart she saw it would not work, so she saved food for the whole family hidden around for a rainy day. His father, a village leader when Dengs reforms were introduced, was able to increase his income with livestock and cash crops. We saw the market beginning to work. That enabled him and his brothers to be educated and, when state restrictions on where you could live were relaxed, they were free to move to the cities and earn more, climbing the socio-economic ladder. Facebook Twitter Pinterest A carton of German milk imported to China. Photograph: Sean Gallagher/The Guardian After 33 years in the west, Fan is soon to return to a university post in Beijing, to promote sustainable development. The government has a very ambitious programme, Healthy China 2030, to make sure children have access to healthy food including dairy produce in all provinces. They are scaling up in China. Im not against it, but industrialisation must be sustainable. China needs to make sure smallholders dont lose out in the process. Concerns around finite resources, the climate and the overuse of antibiotics, drugs and pesticides have now moved up the states agenda. Last October, in the grandiose, state-run Beijing Conference Center, the Chinese ministry of agriculture laid out what the CCPs current priorities for farming are. Its chief director of animal husbandry, Ma Youxiang, addressed the second world conference on animal welfare, hosted by the International Cooperation Committee of Animal Welfare (a Chinese NGO) and the FAO, and co-organised with UK-based NGO Compassion in World Farming. Taking to the stage to the triumphal Star Wars theme, Ma described new challenges ahead. An ageing population with greater life expectancy, and the recent relaxation of the one-child policy to allow all couples to have a second child, would increase Chinas nutritional requirements. In the tit-for-tat trade war with the US, retaliatory tariffs imposed by China on US soya had dramatically affected the price of animal feed, creating inflationary pressures in food. We shall promote the milk industry continuously, he said. But going all out for growth whatever the environmental costs was no longer possible. The priority for livestock used to be just producing more. Thats not an approach we can take any longer. We have over 80m farm units, and many scattered family households. How do we make them more modern? While I was in Inner Mongolia, we were taken to tour one of the earliest hydroelectricity dams on the Yellow River, built in 1961 to control what had been frequent flooding, and to channel irrigation. In these upper reaches, the rivers water had powered heavy industry and made the desert bloom. The officials said there was plenty of water, but over-extraction has left other regions critically short. A decade ago, the Yellow River was failing to reach the sea for significant parts of the year. Since then, a digital monitoring and rationing plan has helped reduce contamination and keep it flowing once more but some experts question the sustainability of siting water-intensive industries such as livestock farming in areas of water scarcity and warn that China is heading for an acute water crisis. Human impulses run riot: Chinas shocking pace of change Read more Eight of Chinas northern provinces suffer from acute water scarcity, four from scarcity, and a further two, Xinjiang and Inner Mongolia, are largely desert. Ground water is falling fast. These 12 provinces account for 38% of Chinas agriculture, 46% of its industry, 50% of its power generation, and 41% of its population, so China is going to have to make some very difficult decisions about who and what gets the water, said Parton. It will also continue to outsource its needs abroad. Despite Xis Made in China 2025 campaign to increase domestic production for many commodities, milk is not included in that homegrown policy. In the plans from the party, dairy is always very high on the agenda, but they dont say it has to come from China, said Coppes from Rabobank. If Chinas demand for dairy triples again by 2050, as projected by state targets and some financial analysts, the typical Chinese person would still consume less than half of what the average European gets through. Follow The long read on Twitter at @gdnlongread, or sign up to the long read weekly email here.
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China is the third-largest milk producer in the world, estimated to have around 13m dairy cows, and the average person has gone from barely drinking milk at all to consuming about 30kg of dairy produce a year. In a little over 30 years, milk has become the emblem of a modern, affluent society and a country able to feed its people.
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https://www.theguardian.com/environment/2019/mar/29/can-the-world-quench-chinas-bottomless-thirst-for-milk
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How are Republican leaders faring with Nevadas Democratic power shift?
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Ryan Tarinelli / AP CARSON CITYIts hard to cut it any other way2018 was a bad year for Nevada Republicans. As a result of the midterm elections, the party holds little influence in either chamber of the state Legislature, has only one member in Nevadas Washington delegation and can boast holding only one statewide elective position. Assembly Republicans find themselves in a superminority for the first time since 1993. Senate Republicans narrowly avoided superminority statusemphasis on narrowly. Keith Pickard, R-Henderson, won the race for Senate District 20 by 24 votes, effectively stopping Democrats from being able to ignore the other party entirely until the next legislative elections. To be blunt: In Nevada, Republicans are at a major disadvantage at the statehouse. Its not stopping them from legislating, though. Theyve raised protests at some Democratic-backed bills and utilized an important tool in their arsenalpublic opinion. Thats all I hear from my constituents is complaints about the way the Legislature is going, said Assembly Minority Leader Jim Wheeler, R-Minden. Theyre also smart enough to know that we can fight and fight and fight, but were in the minority. The party outlined its priorities for the session in late February. Wheeler said the goals of the two parties werent always in conflict, but the GOP caucus was prepared for any pushback on Republican priorities. I never expect trouble on bills, but I always plan for it, Wheeler said. Republicans minority status also hasnt stopped them from filing bills or taking public positions on typically right-leaning issues such as school choice or gun rights. Wheeler is open about the struggles Republicans face in getting their issues through the legislative process but stresses that Republican lawmakers still represent about a million Nevadans. Assemblyman Chris Edwards, R-Las Vegas and deputy minority whip-south, said increasing opportunity scholarship grantsessentially funding available for children to attend private schoolswas a priority, and he expressed frustration with what he sees as a lack of Democratic interest in the issue. He touted the importance of the program in helping low-income families. On the one hand, they say we dont want a cookie-cutter approach, and then on the [other] hand, they dont want to give you noncookie-cutter approaches, Edwards said. Nevada is one of 14 states where Democrats control the legislature, according to the National Conference on State Legislatures. Twenty-two states are in Republican hands, and the remainder are split. Heres how the majority/minority system works. Bills can be passed on a simple majority, but overriding vetoes, raising taxes or scheduling a referendum on a constitutional amendment require a supermajority. If one party controls two-thirds of a chamber, it has a supermajority and does not require input from the other party for the actions above. Both chambers, though, must have supermajorities if the above actions are going to be approved without any help from the other party. And, of course, this is moot if there are internal party disagreements. The Pickard race was not the only close racethere were narrow wins on the Democratic side as well. Connie Munk, D-Las Vegas, and Shea Backus, D-Las Vegas, both won their Assembly races by less than 150 votes. This isnt the first time the state has had a Legislature dominated by one partyboth chambers have been held by both parties at varying times in the past 30 years. In the 2015 session, Republicans controlled both chambers and the governors mansion, as Democrats now do. Wheeler, whose district is more vast and rural than those represented by Washoe or Clark County legislators, casts himself as close to his constituents. He cant go through Walmart, he said, without being stopped by multiple people with concerns about whats going on in Carson City. Rural communities, he said, are plugged in more than people thinkhe touts Douglas Countys massive voter turnout rate: 94 percent in 2016. There are more people in Clark County than all the 16 other Nevada counties combined, meaning Clark has an incredibly large influence on the makeup of the Legislature. It makes for interesting politics, Wheeler said. In the past, Wheeler said, lawmakers have been able to work with the different sides so bills that work for Las Vegas dont hurt the rural counties. He said he hadnt experienced that yet this session, but he remained hopeful. I think historically theres always beennot a divide, divides not the right word buta little bit of a tug-of-war between the North and the South, but weve always, always been able to talk about it, Wheeler said. This physical connection to constituents concerns mirrors one of Republicans most powerful weapons this session: public input. Lets step back a bit to the passage of Senate Bill 143which mandates background checks on those purchasing guns in the state. Pushed through in one week in February after voters approved an initiative calling for checks in 2016, the bill received pushback from Republican lawmakers. And the public. More than 1,200 people logged comments against the bill online. Four hundred wrote in favor of the bills passage. It was a comprehensive effort to drum up public comment against the billthe National Rifle Association called for Nevadans to contact committee members and other legislators to oppose the bill, and Republican lawmakers raised the cry once the bill had been formally filed. Passage of the bill came after a nearly daylong committee hearing. The call had been heard. Wheeler and his office stressed that residents of rural communities left their responsibilities that day to come speak. [Nevada] is a good testing ground for some of these national agendas like the background check bill, like the abortion bill thats coming out, the cap-and-trade bill we heard, he said. Edwards said the method by which the background check bill was introduced and sped through the Legislature made him wary of future attempts at bipartisanship, but that Republican bills have been making it to committee hearings, which is a good sign. Its kind of a see-sawtheres a lot of talk of bipartisanship, but it kind of is like trust but verify, Edwards said. Wheeler said the way Democrats handled the background check bill, essentially keeping its language secret from Republicans before its introduction, was damaging to any sense of bipartisanship. He said its early, though, and not many bills have been brought to a vote. Were hearing a lot about bipartisanship, and how they would like to include us and a whole lot of different things, but we havent seen any action on that yet, Wheeler said. Majority Floor Leader Teresa Benitez-Thompson, D-Reno, said she felt that all members of the Democratic caucus were open to good ideas, regardless of where they originated. From my perspective, weve had a good deal of action, she said, noting that bills had been filed this session with bipartisan sponsorship. Edwards called for increased bipartisanshipand spoke similarly to Benitez-Thompson, saying that parties dont have a monopoly on good ideas. If the Democrats are interested in having good policy, which should be their focus, then they need to realize that they dont have all the good ideas, Edwards said. And they should look to the Republicans to see what good ideas we come up with, and for the sake of the state, pass them and get them signed by the governor. Of course. But Im not going to give it to you, Wheeler said. Yeah, we dont like the superminority. This story originally appeared in the Las Vegas Weekly.
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In Nevada, Republicans are at a major disadvantage at the statehouse.
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https://lasvegassun.com/news/2019/mar/29/how-are-republican-leaders-faring-with-nevadas-dem/
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How are Republican leaders faring with Nevadas Democratic power shift?
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Ryan Tarinelli / AP CARSON CITYIts hard to cut it any other way2018 was a bad year for Nevada Republicans. As a result of the midterm elections, the party holds little influence in either chamber of the state Legislature, has only one member in Nevadas Washington delegation and can boast holding only one statewide elective position. Assembly Republicans find themselves in a superminority for the first time since 1993. Senate Republicans narrowly avoided superminority statusemphasis on narrowly. Keith Pickard, R-Henderson, won the race for Senate District 20 by 24 votes, effectively stopping Democrats from being able to ignore the other party entirely until the next legislative elections. To be blunt: In Nevada, Republicans are at a major disadvantage at the statehouse. Its not stopping them from legislating, though. Theyve raised protests at some Democratic-backed bills and utilized an important tool in their arsenalpublic opinion. Thats all I hear from my constituents is complaints about the way the Legislature is going, said Assembly Minority Leader Jim Wheeler, R-Minden. Theyre also smart enough to know that we can fight and fight and fight, but were in the minority. The party outlined its priorities for the session in late February. Wheeler said the goals of the two parties werent always in conflict, but the GOP caucus was prepared for any pushback on Republican priorities. I never expect trouble on bills, but I always plan for it, Wheeler said. Republicans minority status also hasnt stopped them from filing bills or taking public positions on typically right-leaning issues such as school choice or gun rights. Wheeler is open about the struggles Republicans face in getting their issues through the legislative process but stresses that Republican lawmakers still represent about a million Nevadans. Assemblyman Chris Edwards, R-Las Vegas and deputy minority whip-south, said increasing opportunity scholarship grantsessentially funding available for children to attend private schoolswas a priority, and he expressed frustration with what he sees as a lack of Democratic interest in the issue. He touted the importance of the program in helping low-income families. On the one hand, they say we dont want a cookie-cutter approach, and then on the [other] hand, they dont want to give you noncookie-cutter approaches, Edwards said. Nevada is one of 14 states where Democrats control the legislature, according to the National Conference on State Legislatures. Twenty-two states are in Republican hands, and the remainder are split. Heres how the majority/minority system works. Bills can be passed on a simple majority, but overriding vetoes, raising taxes or scheduling a referendum on a constitutional amendment require a supermajority. If one party controls two-thirds of a chamber, it has a supermajority and does not require input from the other party for the actions above. Both chambers, though, must have supermajorities if the above actions are going to be approved without any help from the other party. And, of course, this is moot if there are internal party disagreements. The Pickard race was not the only close racethere were narrow wins on the Democratic side as well. Connie Munk, D-Las Vegas, and Shea Backus, D-Las Vegas, both won their Assembly races by less than 150 votes. This isnt the first time the state has had a Legislature dominated by one partyboth chambers have been held by both parties at varying times in the past 30 years. In the 2015 session, Republicans controlled both chambers and the governors mansion, as Democrats now do. Wheeler, whose district is more vast and rural than those represented by Washoe or Clark County legislators, casts himself as close to his constituents. He cant go through Walmart, he said, without being stopped by multiple people with concerns about whats going on in Carson City. Rural communities, he said, are plugged in more than people thinkhe touts Douglas Countys massive voter turnout rate: 94 percent in 2016. There are more people in Clark County than all the 16 other Nevada counties combined, meaning Clark has an incredibly large influence on the makeup of the Legislature. It makes for interesting politics, Wheeler said. In the past, Wheeler said, lawmakers have been able to work with the different sides so bills that work for Las Vegas dont hurt the rural counties. He said he hadnt experienced that yet this session, but he remained hopeful. I think historically theres always beennot a divide, divides not the right word buta little bit of a tug-of-war between the North and the South, but weve always, always been able to talk about it, Wheeler said. This physical connection to constituents concerns mirrors one of Republicans most powerful weapons this session: public input. Lets step back a bit to the passage of Senate Bill 143which mandates background checks on those purchasing guns in the state. Pushed through in one week in February after voters approved an initiative calling for checks in 2016, the bill received pushback from Republican lawmakers. And the public. More than 1,200 people logged comments against the bill online. Four hundred wrote in favor of the bills passage. It was a comprehensive effort to drum up public comment against the billthe National Rifle Association called for Nevadans to contact committee members and other legislators to oppose the bill, and Republican lawmakers raised the cry once the bill had been formally filed. Passage of the bill came after a nearly daylong committee hearing. The call had been heard. Wheeler and his office stressed that residents of rural communities left their responsibilities that day to come speak. [Nevada] is a good testing ground for some of these national agendas like the background check bill, like the abortion bill thats coming out, the cap-and-trade bill we heard, he said. Edwards said the method by which the background check bill was introduced and sped through the Legislature made him wary of future attempts at bipartisanship, but that Republican bills have been making it to committee hearings, which is a good sign. Its kind of a see-sawtheres a lot of talk of bipartisanship, but it kind of is like trust but verify, Edwards said. Wheeler said the way Democrats handled the background check bill, essentially keeping its language secret from Republicans before its introduction, was damaging to any sense of bipartisanship. He said its early, though, and not many bills have been brought to a vote. Were hearing a lot about bipartisanship, and how they would like to include us and a whole lot of different things, but we havent seen any action on that yet, Wheeler said. Majority Floor Leader Teresa Benitez-Thompson, D-Reno, said she felt that all members of the Democratic caucus were open to good ideas, regardless of where they originated. From my perspective, weve had a good deal of action, she said, noting that bills had been filed this session with bipartisan sponsorship. Edwards called for increased bipartisanshipand spoke similarly to Benitez-Thompson, saying that parties dont have a monopoly on good ideas. If the Democrats are interested in having good policy, which should be their focus, then they need to realize that they dont have all the good ideas, Edwards said. And they should look to the Republicans to see what good ideas we come up with, and for the sake of the state, pass them and get them signed by the governor. Of course. But Im not going to give it to you, Wheeler said. Yeah, we dont like the superminority. This story originally appeared in the Las Vegas Weekly.
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In Nevada, Republicans are at a major disadvantage at the statehouse. They've raised protests at some Democratic-backed bills and utilized an important tool in their arsenalpublic opinion.
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https://lasvegassun.com/news/2019/mar/29/how-are-republican-leaders-faring-with-nevadas-dem/
| 0.423444 |
How are Republican leaders faring with Nevadas Democratic power shift?
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Ryan Tarinelli / AP CARSON CITYIts hard to cut it any other way2018 was a bad year for Nevada Republicans. As a result of the midterm elections, the party holds little influence in either chamber of the state Legislature, has only one member in Nevadas Washington delegation and can boast holding only one statewide elective position. Assembly Republicans find themselves in a superminority for the first time since 1993. Senate Republicans narrowly avoided superminority statusemphasis on narrowly. Keith Pickard, R-Henderson, won the race for Senate District 20 by 24 votes, effectively stopping Democrats from being able to ignore the other party entirely until the next legislative elections. To be blunt: In Nevada, Republicans are at a major disadvantage at the statehouse. Its not stopping them from legislating, though. Theyve raised protests at some Democratic-backed bills and utilized an important tool in their arsenalpublic opinion. Thats all I hear from my constituents is complaints about the way the Legislature is going, said Assembly Minority Leader Jim Wheeler, R-Minden. Theyre also smart enough to know that we can fight and fight and fight, but were in the minority. The party outlined its priorities for the session in late February. Wheeler said the goals of the two parties werent always in conflict, but the GOP caucus was prepared for any pushback on Republican priorities. I never expect trouble on bills, but I always plan for it, Wheeler said. Republicans minority status also hasnt stopped them from filing bills or taking public positions on typically right-leaning issues such as school choice or gun rights. Wheeler is open about the struggles Republicans face in getting their issues through the legislative process but stresses that Republican lawmakers still represent about a million Nevadans. Assemblyman Chris Edwards, R-Las Vegas and deputy minority whip-south, said increasing opportunity scholarship grantsessentially funding available for children to attend private schoolswas a priority, and he expressed frustration with what he sees as a lack of Democratic interest in the issue. He touted the importance of the program in helping low-income families. On the one hand, they say we dont want a cookie-cutter approach, and then on the [other] hand, they dont want to give you noncookie-cutter approaches, Edwards said. Nevada is one of 14 states where Democrats control the legislature, according to the National Conference on State Legislatures. Twenty-two states are in Republican hands, and the remainder are split. Heres how the majority/minority system works. Bills can be passed on a simple majority, but overriding vetoes, raising taxes or scheduling a referendum on a constitutional amendment require a supermajority. If one party controls two-thirds of a chamber, it has a supermajority and does not require input from the other party for the actions above. Both chambers, though, must have supermajorities if the above actions are going to be approved without any help from the other party. And, of course, this is moot if there are internal party disagreements. The Pickard race was not the only close racethere were narrow wins on the Democratic side as well. Connie Munk, D-Las Vegas, and Shea Backus, D-Las Vegas, both won their Assembly races by less than 150 votes. This isnt the first time the state has had a Legislature dominated by one partyboth chambers have been held by both parties at varying times in the past 30 years. In the 2015 session, Republicans controlled both chambers and the governors mansion, as Democrats now do. Wheeler, whose district is more vast and rural than those represented by Washoe or Clark County legislators, casts himself as close to his constituents. He cant go through Walmart, he said, without being stopped by multiple people with concerns about whats going on in Carson City. Rural communities, he said, are plugged in more than people thinkhe touts Douglas Countys massive voter turnout rate: 94 percent in 2016. There are more people in Clark County than all the 16 other Nevada counties combined, meaning Clark has an incredibly large influence on the makeup of the Legislature. It makes for interesting politics, Wheeler said. In the past, Wheeler said, lawmakers have been able to work with the different sides so bills that work for Las Vegas dont hurt the rural counties. He said he hadnt experienced that yet this session, but he remained hopeful. I think historically theres always beennot a divide, divides not the right word buta little bit of a tug-of-war between the North and the South, but weve always, always been able to talk about it, Wheeler said. This physical connection to constituents concerns mirrors one of Republicans most powerful weapons this session: public input. Lets step back a bit to the passage of Senate Bill 143which mandates background checks on those purchasing guns in the state. Pushed through in one week in February after voters approved an initiative calling for checks in 2016, the bill received pushback from Republican lawmakers. And the public. More than 1,200 people logged comments against the bill online. Four hundred wrote in favor of the bills passage. It was a comprehensive effort to drum up public comment against the billthe National Rifle Association called for Nevadans to contact committee members and other legislators to oppose the bill, and Republican lawmakers raised the cry once the bill had been formally filed. Passage of the bill came after a nearly daylong committee hearing. The call had been heard. Wheeler and his office stressed that residents of rural communities left their responsibilities that day to come speak. [Nevada] is a good testing ground for some of these national agendas like the background check bill, like the abortion bill thats coming out, the cap-and-trade bill we heard, he said. Edwards said the method by which the background check bill was introduced and sped through the Legislature made him wary of future attempts at bipartisanship, but that Republican bills have been making it to committee hearings, which is a good sign. Its kind of a see-sawtheres a lot of talk of bipartisanship, but it kind of is like trust but verify, Edwards said. Wheeler said the way Democrats handled the background check bill, essentially keeping its language secret from Republicans before its introduction, was damaging to any sense of bipartisanship. He said its early, though, and not many bills have been brought to a vote. Were hearing a lot about bipartisanship, and how they would like to include us and a whole lot of different things, but we havent seen any action on that yet, Wheeler said. Majority Floor Leader Teresa Benitez-Thompson, D-Reno, said she felt that all members of the Democratic caucus were open to good ideas, regardless of where they originated. From my perspective, weve had a good deal of action, she said, noting that bills had been filed this session with bipartisan sponsorship. Edwards called for increased bipartisanshipand spoke similarly to Benitez-Thompson, saying that parties dont have a monopoly on good ideas. If the Democrats are interested in having good policy, which should be their focus, then they need to realize that they dont have all the good ideas, Edwards said. And they should look to the Republicans to see what good ideas we come up with, and for the sake of the state, pass them and get them signed by the governor. Of course. But Im not going to give it to you, Wheeler said. Yeah, we dont like the superminority. This story originally appeared in the Las Vegas Weekly.
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Nevada's Assembly Republicans find themselves in a superminority for the first time since 1993. The party holds little influence in either chamber of the state Legislature. Nevada is one of 14 states where Democrats control the legislature. Twenty-two states are in Republican hands, and the remainder are split.
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https://lasvegassun.com/news/2019/mar/29/how-are-republican-leaders-faring-with-nevadas-dem/
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Does the media owe Trump an apology?
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Nothing about the Mueller report or at least what we know of it to this point surprised me very much. As Ive written before, I never thought it very likely that President Trump had entered into some kind of explicit agreement with the Russian government in 2016, only because the Russians, who are pretty sophisticated about this, wouldnt have needed any quid pro quo to understand that having Trump in the White House would be like celebrating Defender of the Fatherland Day every day of the year. (Im not making that up its an actual Russian holiday.) As for the obstruction-of-justice angle Robert Mueller was pursuing, I guess the lesson here is that Richard Nixon would have been fine had he been able to orchestrate payoffs to the Watergate burglars by tweeting at them, instead of being caught on tape in the Oval Office. Apparently it cant be obstructing justice if youre blabbering to the whole world about how youre doing it. Good to know. So now the president would like an apology from all of us in the media who prejudged him. Thats not going to happen, but it does seem to me that this might be a good moment to step back and ask some hard questions about who weve become, as journalists, in the Trump era. We might even learn something critical from Mueller that has nothing to do with the details of his report. This question of Trumps treatment during the Russia investigation, what he sees as a witch hunt perpetrated by the elite media, is a complicated one for me. My first instinct, and I dont think its a purely defensive one, is that if Trump hasnt been afforded the same presumption of innocence that other presidents have enjoyed, its because he lies routinely in a way other presidents have not. Not only does Trump mislead, habitually, about knowable facts, but he does so with a very specific intent to make it his word against ours, to persuade some sizable plurality of the electorate that reality is a squishy thing. So I dont agree with my former New York Times colleague David Brooks, who says we all made fools of ourselves with this Russia business. Im sure there were plenty of vain people who made fools of themselves on cable TV because thats just what they do all day long (I dont watch, so I couldnt tell you), but as an industry, I dont think we had much reason to take Trump at his word. That said, I think we have to admit an inescapable and uncomfortable truth about the Trump presidency more generally, which is that the media that covers him is almost unrecognizable from the media that covered every previous president. Hes just right about that. Im not talking about the weirdness on cable channels. Im talking about the best newspapers and websites in the country, which present almost every mundane act by this administration in dramatic tones beyond all proportion, as if the mere act of Trump trying to govern constituted an existential threat. There are days now a lot of them when I open the up the homepages of the New York Times and the Washington Post in the morning, scroll down a bit, and have the odd sensation that Im reading the organ of an opposition party, with one headline after another trumpeting the moral depravity of the administration. Even last weekend, as news broke that Mueller wouldnt be recommending any further charges against the president or his aides, the front pages pivoted instantly to other, ongoing investigations and breathlessly assured us the scandal would not go away. After two years of innuendo, Trump couldnt be allowed his due for a day. And thats all before you get to the opinion section. From the very first days of the Trump administration, there were columnists who talked about how they wouldnt normalize the president and who cast themselves among the resistance terms I never liked, because we dont get to decide whats normal in a president (voters do), and because this isnt Poland in 1939.
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Paul Waldman: Nothing about the Mueller report surprised him very much. He says the president would like an apology from all of us in the media.
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pegasus
| 0 |
https://news.yahoo.com/media-owe-trump-apology-090009712.html
| 0.169348 |
Does the media owe Trump an apology?
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Nothing about the Mueller report or at least what we know of it to this point surprised me very much. As Ive written before, I never thought it very likely that President Trump had entered into some kind of explicit agreement with the Russian government in 2016, only because the Russians, who are pretty sophisticated about this, wouldnt have needed any quid pro quo to understand that having Trump in the White House would be like celebrating Defender of the Fatherland Day every day of the year. (Im not making that up its an actual Russian holiday.) As for the obstruction-of-justice angle Robert Mueller was pursuing, I guess the lesson here is that Richard Nixon would have been fine had he been able to orchestrate payoffs to the Watergate burglars by tweeting at them, instead of being caught on tape in the Oval Office. Apparently it cant be obstructing justice if youre blabbering to the whole world about how youre doing it. Good to know. So now the president would like an apology from all of us in the media who prejudged him. Thats not going to happen, but it does seem to me that this might be a good moment to step back and ask some hard questions about who weve become, as journalists, in the Trump era. We might even learn something critical from Mueller that has nothing to do with the details of his report. This question of Trumps treatment during the Russia investigation, what he sees as a witch hunt perpetrated by the elite media, is a complicated one for me. My first instinct, and I dont think its a purely defensive one, is that if Trump hasnt been afforded the same presumption of innocence that other presidents have enjoyed, its because he lies routinely in a way other presidents have not. Not only does Trump mislead, habitually, about knowable facts, but he does so with a very specific intent to make it his word against ours, to persuade some sizable plurality of the electorate that reality is a squishy thing. So I dont agree with my former New York Times colleague David Brooks, who says we all made fools of ourselves with this Russia business. Im sure there were plenty of vain people who made fools of themselves on cable TV because thats just what they do all day long (I dont watch, so I couldnt tell you), but as an industry, I dont think we had much reason to take Trump at his word. That said, I think we have to admit an inescapable and uncomfortable truth about the Trump presidency more generally, which is that the media that covers him is almost unrecognizable from the media that covered every previous president. Hes just right about that. Im not talking about the weirdness on cable channels. Im talking about the best newspapers and websites in the country, which present almost every mundane act by this administration in dramatic tones beyond all proportion, as if the mere act of Trump trying to govern constituted an existential threat. There are days now a lot of them when I open the up the homepages of the New York Times and the Washington Post in the morning, scroll down a bit, and have the odd sensation that Im reading the organ of an opposition party, with one headline after another trumpeting the moral depravity of the administration. Even last weekend, as news broke that Mueller wouldnt be recommending any further charges against the president or his aides, the front pages pivoted instantly to other, ongoing investigations and breathlessly assured us the scandal would not go away. After two years of innuendo, Trump couldnt be allowed his due for a day. And thats all before you get to the opinion section. From the very first days of the Trump administration, there were columnists who talked about how they wouldnt normalize the president and who cast themselves among the resistance terms I never liked, because we dont get to decide whats normal in a president (voters do), and because this isnt Poland in 1939.
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Paul Waldman: Nothing about the Mueller report surprised him very much. He says the president would like an apology from all of us in the media. Waldman: This might be a good moment to step back and ask some hard questions.
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pegasus
| 1 |
https://news.yahoo.com/media-owe-trump-apology-090009712.html
| 0.18567 |
Does the media owe Trump an apology?
|
Nothing about the Mueller report or at least what we know of it to this point surprised me very much. As Ive written before, I never thought it very likely that President Trump had entered into some kind of explicit agreement with the Russian government in 2016, only because the Russians, who are pretty sophisticated about this, wouldnt have needed any quid pro quo to understand that having Trump in the White House would be like celebrating Defender of the Fatherland Day every day of the year. (Im not making that up its an actual Russian holiday.) As for the obstruction-of-justice angle Robert Mueller was pursuing, I guess the lesson here is that Richard Nixon would have been fine had he been able to orchestrate payoffs to the Watergate burglars by tweeting at them, instead of being caught on tape in the Oval Office. Apparently it cant be obstructing justice if youre blabbering to the whole world about how youre doing it. Good to know. So now the president would like an apology from all of us in the media who prejudged him. Thats not going to happen, but it does seem to me that this might be a good moment to step back and ask some hard questions about who weve become, as journalists, in the Trump era. We might even learn something critical from Mueller that has nothing to do with the details of his report. This question of Trumps treatment during the Russia investigation, what he sees as a witch hunt perpetrated by the elite media, is a complicated one for me. My first instinct, and I dont think its a purely defensive one, is that if Trump hasnt been afforded the same presumption of innocence that other presidents have enjoyed, its because he lies routinely in a way other presidents have not. Not only does Trump mislead, habitually, about knowable facts, but he does so with a very specific intent to make it his word against ours, to persuade some sizable plurality of the electorate that reality is a squishy thing. So I dont agree with my former New York Times colleague David Brooks, who says we all made fools of ourselves with this Russia business. Im sure there were plenty of vain people who made fools of themselves on cable TV because thats just what they do all day long (I dont watch, so I couldnt tell you), but as an industry, I dont think we had much reason to take Trump at his word. That said, I think we have to admit an inescapable and uncomfortable truth about the Trump presidency more generally, which is that the media that covers him is almost unrecognizable from the media that covered every previous president. Hes just right about that. Im not talking about the weirdness on cable channels. Im talking about the best newspapers and websites in the country, which present almost every mundane act by this administration in dramatic tones beyond all proportion, as if the mere act of Trump trying to govern constituted an existential threat. There are days now a lot of them when I open the up the homepages of the New York Times and the Washington Post in the morning, scroll down a bit, and have the odd sensation that Im reading the organ of an opposition party, with one headline after another trumpeting the moral depravity of the administration. Even last weekend, as news broke that Mueller wouldnt be recommending any further charges against the president or his aides, the front pages pivoted instantly to other, ongoing investigations and breathlessly assured us the scandal would not go away. After two years of innuendo, Trump couldnt be allowed his due for a day. And thats all before you get to the opinion section. From the very first days of the Trump administration, there were columnists who talked about how they wouldnt normalize the president and who cast themselves among the resistance terms I never liked, because we dont get to decide whats normal in a president (voters do), and because this isnt Poland in 1939.
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Paul Waldman: Nothing about the Mueller report surprised him very much. He says the president would like an apology from all of us in the media. Waldman: This might be a good moment to step back and ask some hard questions. He says the media that covers Trump is almost unrecognizable from the media that covered every previous president.
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pegasus
| 2 |
https://news.yahoo.com/media-owe-trump-apology-090009712.html
| 0.223602 |
Will Zero's New $20K SR/F Ebike Raise The Performance Bar Too Far Above Harley's $30K Livewire?
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Zero Motorcycles It's springtime and new electric motorcycles seem to be popping up like dandelions in search of sunlight, and veteran ebike maker Zero is no exception. CEO Sam Paschel says he thinks the timing for their new SR/F is critical when it comes to still-nascent electric motorcycle market, and with the reveal of the new machine late last month, he hopes to have Zero riding a growing wave of electric motorcycle debuts that includes (surprise!) Harley-Davidson, a new machine from Lightning, and an urban-focused bike from new entry Fuell, which is overseen by moto engineering icon Erik Buell. Zero has been making the rounds with the SR/F during a promotional tour, giving rides aboard the new streetfighter-styled bike, which boasts significantly more power, more range, a more modern aesthetic and more tech features than their previous top-tier machines. "We've created the most transformational motorcycle experience in the world," Paschel told Forbes. Zero Motorcycles The SR/F debuts, of course, in the afterglow of the Livewire bike, the hotly anticipated electric motorcycle from a most unexpected manufacturer: Harley-Davidson, which is best known for bikes that evoke waves of nostalgia rather than cutting-edge moto tech (although to be fair, there is a considerable amount of cutting-edge technology at work in a modern Harley). The Livewire ebike is due to hit showrooms this August, with more (and likely less costly) models to follow. The price will be just a few hundred dollars shy of $30,000. The move is an unusual one for typically conservative Harley-Davidson, but slumping sales are forcing the company to take a hard look at their offerings, their demographics, and the inevitable EV future. The Livewire project has been in development for over five years. Zero has been making electric motorcycles since 2006. Paschel said that while riding the new SR/F during the testing phase, he and his marketing team were searching for a description that would best describe their new machine, which utilizes a simple, belt-driven single speed powertrain that requires no shifting and no clutch work like gas-powered bikes. "What we all came back with," Paschel said, "was that this was an effortlessly powerful motorcycle. Unreal acceleration." Zero Motorcycles And while the Livewire's final performance numbers have yet to be disclosed, it's going to be tough for H-D to top the figures put up by the Zero SR/F, which boasts 110 horsepower and perhaps, more importantly, 140 foot-pounds of instant-on torque - considerably more than any current mass-market gas-powered motorcycle, Harley-Davidson included. Engines that make a lot of torque have been a hallmark of Harley-Davidson for decades. The standard 14.4kWh battery slotted between the SR/F's frame rails stretches the city range of the SR/F to a tick over 160 miles or over 80 miles out on the highway at 70mph. The addition of a second battery, called a Power Tank, puts urban range over the 200-mile mark and adds a few more miles to the highway range. For urban riders, that can mean going days without having to recharge. As expected, braking activates the bike's regenerative capabilities to put juice back in the battery. Zero Motorcycles If you're new to electric motorcycles (and EVs in general), highway range is usually lower than city range, the opposite of gas-powered vehicles. That's because electric vehicles - SR/F included - utilize the "generator" capability of its electric motor (or motors) to put power back into the battery while braking, greatly extending the urban range. Out on the highway, while moving at a constant speed, the battery is drained continually. The Zero SR/F is available in two spec levels, a Standard configuration for $18,995 and the $20,995 Premium, which adds a Level II 6 kWh quick-charge feature (and 13 pounds) that Zero claims will juice the SR/F to 95 percent capacity in an hour. The Standard model includes a 3 kWh charging capability. Or you can just plug it into a wall outlet like a toaster and let it slowly charge up overnight. Fully juicing the battery literally costs a buck and half in electricity. Performance specs for both models are identical. Zero Motorcycles Speaking of performance, with a top "burst" speed of 124mph at full go and a sustained top speed of 110, the SR/F is a proper motorcycle by any standard. This writer rode Zero's less-powerful (74hp) DSR dual-sport last year and it was triple-digit fast, comfortable, highly useful, fun and impressive - every inch a modern motorcycle, sans the gas-burning engine. The SR/F now improves upon the DSR in several areas, including range, speed, charging time and the tech suite. Like just about everything these days, there's an app for the SR/F, allowing you to track performance, rides, and even set up a user-definable Custom performance ride mode that joins the other ride modes (Eco, Street, Rain, and Sport), all of which can be toggled from the handlebar while riding. Also on board is a new stability control system from Bosch and a new customizable display panel. Zero Motorcycles Peshal said they've overhauled the bike's operating system (yep, that's where we are now) and app to form a new tech suite called Cypher III. The new system allows for a wider data stream to the app and keeps tabs on multiple aspects of the bike including charge level, charging status, range, and numerous performance variables. Riders can also change up the effectiveness or even defeat some of the rider assistance features on the bike by using the app. The SR/F is now in production and riders can sign up for a test ride on the Zero website. Forbes talked at length with Zero CEO Sam Paschel about the development of the new SR/F and the current state of affairs in the electric bike industry. The interview has been edited for brevity. Zero CEO Sam Paschel: About two and a half years from early concept sketches to the motorcycles rolling off the production line. The intent from the very beginning was to build a bike with these capabilities. As with any project, you can run into a little bit of "scope creep," where we were really ambitious, and as we learned more and more, we added the new lessons to the process and ended up with a bike that even exceeded our expectations. For the first time in a number of years, Zero took a blank piece of paper and looked not at the motorcycle we were trying to create, but what was the fundamental experience for the rider. And the motorcycle is an extension of that. We built a bike that is a pretty amazing experience. Zero Motorcycles Forbes: Electric motorcycles can really be pretty much any shape you want them to be, since you're free from the conventions of both "fuel" or battery placement and even engine placement. But the SRF looks very similar to a normal motorcycle. To the casual onlooker or non-rider, it's tough to tell the difference. Paschel: That's an interesting question. You see a lot of electric concept bikes out there that have a big resemblance to what we would consider the "iconic" motorcycle today. So I think about it this way: When we first made the transition from horse and buggy to cars, the first cars were horseless carriages - they looked a lot like the thing that was getting pulled by a horse. Over time, the form of that object itself really evolved into what we see today. I think this is how evolution happens in transportation in general. The motorcycling community is surprisingly traditional and conventional. The exhaust piping, ductwork and other elements of a gas-powered motorcycle... none of that is there [on the SR/F]. The bike is a really simple, stripped down powertrain, that to the eye, is a battery and a motor. We chose a streetfighter, sort of a naked sportbike, so that we could, with a trellis frame, lay that bare and show you just how simple it is. We're not making a concept bike. We're making a bike and have made bikes for the last 13 years that are meant to be in the world and ridden. As part of that, we push the design a little bit forward, but we also need to make sure that it is recognized as the archetype of "motorcycle." That aesthetic will evolve, and you'll see us push further and further. Forbes: Unlike past batteries, which were just plain boxes, the battery in the SR/F is more of a centerpiece, even though it's basically... a simple box. Paschel: I think that "center" of the bike is a really compelling thing and paying more attention to what we do aesthetically and upping our game in terms of a design and aesthetic point was key. That design specifically was inspired by the sort of supercharger on the front of the car in Mad Max. That car and the blower on the front, it's almost a character in the film. There were a lot of sketches and drawing of things that looked powerful. But we have a lot of thermal conduction from the battery itself to that outside casing, which is a conductive material. There's a lot of vertical fins there. Beyond being aesthetic, there's a lot of heat there, that's a conductive case that helps pull a lot of thermal load off the battery. It has a real impact on our ability to shed heat and keep the entire electrical power train working in an optimal way. It's a real sort of KISS principle. We are clutchless, gearless, and air-cooled so it's a simple, very reliable power train. Zero Motorcycles Forbes: Other bike makers use or have used liquid cooled motors. Paschel: Our bikes historically have had fantastic performance. Liquid cooling means more complexity, more parts, more things to go wrong. We're getting all the performance we need and a really nice high-end thermal limit. It's really hard to hit the thermal limit outside of a track day. We really embrace the philosophy of sophisticated simplicity. Forbes: You've got some wheelie action happening in your press photos. Zero Motorcycles Paschel: We have an advanced motorcycle stability control on the bike. It's a combination of our operating system, called Cypher III, and Bosch's Advanced Motorcycle Stability Control System, and that gives you ABS, cornering ABS, traction control, drag torque control (similar to engine braking), and there are 10 custom ride modes, five of which can be loaded at one time. As you shift those modes, the entire dynamic of the motorcycle changes. But to have premium performance, to really get the most out of that power train, you need to couple it with a mature control system and operating system like Cypher III. [Editor's note: Zero later confirmed that ABS and traction controls can be turned off]. Forbes: We're sure you've all been tracking the Livewire from Harley-Davidson. Paschel: I can't tell you what's in their heads. Our philosophy may be different from how these other brands look at it. What you're dealing with is the largest disruption and transition in transportation that we are likely to see in our lifetimes. The move to electrification is going to create a market that is very fixed in its market dynamics and who owns market share. And it's going to make that fluid in a way that is unprecedented. And on the other end of that, you're going to have an $8 billion market that's more or less up for grabs. In a situation like that that has unpreceded fluidity, you're going to have two different paradigms. On this side of electrification, you're going to have certain brands that command certain market share, and have a business of a certain size, and on the other side, those players are likely to be fundamentally different. Especially considering that we're bad at predicting S-curves (of market and development growth) and we think everything is linear. To work here and be an investor in Zero, you have to believe it's better to be a handful of years early than a handful of years late. There are going to be winners and losers on one side of electrification and the other, and we'd rather be a couple of years early. And right now, the great news is that electrification has gone from a sort of niche thing to having this sense of inevitability. And right at this moment in time, we've had 13 years and millions of miles to perfect the control systems of a seamless and reliable electric power train that performs in all the corner cases: High state of charge, low state of charge, wet, hot, and those problems are really challenging problems to solve. We're at this fantastic place in history where we put the time and energy in to have the world's leading two-wheel electric power train - and now redefining the premium electric motorcycle on the market at an affordable price. Right at this electrification tipping point, it's happening. They may have misread when this tipping point was going to happen, or they may be underestimating how challenging it is to solve these problems. These are not simple problems to solve. Paschel: We sell between 2,000 and 10,000 motorcycles per year. We're cranking our SR/Fs on two shifts and have the capacity to build 10,000 of those on their own in a given year. We've been following a curve that has us in the 40% to 60% compound annual growth rate, so we're growing rapidly. The market is essentially defined for us by two dynamics: There's the motorcycle market, which you know has been essentially flat to single-digit growth and still hasn't recovered to the levels it was at before the sub-prime collapse in 2007 and 2008. And then you have the EV (electric vehicle) market, which has seen explosive growth similar to our growth. We've been very lucky in that we've been following the EV curve and not the motorcycle curve. Last year, there was only one month where we didn't set wholesale and retail records for the business. The response to the SR/F has been overwhelming. Our challenge is how we can ramp in the face of an exponential growth curve.
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Zero's new SR/F ebike boasts significantly more power, more range, a more modern aesthetic and more tech features than their previous top-tier machines. The Livewire ebike, the hotly anticipated electric motorcycle from a most unexpected manufacturer: Harley-Davidson, is due to hit showrooms this August.
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ctrlsum
| 2 |
https://www.forbes.com/sites/billroberson/2019/03/29/will-zeros-hot-new-20k-srf-ebike-raise-the-performance-bar-too-far-above-harleys-30k-livewire/
| 0.320026 |
What happens to rural and small-town Trump voters after Trump is gone?
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(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) J. Edwin Benton, University of South Florida (THE CONVERSATION) If one word can capture the sentiment of rural and small-town dwellers in recent years, it is resentment. I am a scholar who studies politics at the state and local level. Residents of rural and small-town communities believe they are not getting their fair share of government attention and vital resources compared to urban dwellers. They believe that America is moving away from them. As the 2020 presidential campaign gears up, these resentful Americans will play a key role. How strong supporters of Donald Trump in the 2016 election vote in 2020 will depend on whether the president has delivered on the promises he made to help them out. Left behind Political scientist Katherine Cramer has spent over a decade doing field work in 27 small Wisconsin towns to understand how people use social class identity to interpret politics. Cramer found that people in these rural areas feel as though they are being ignored by urban elites and urban institutions like government and the media at a time when they are struggling to make ends meet. They believe their communities are dying, the economy is leaving them behind, and that young people, money and their livelihoods are going somewhere else. They think that major decisions affecting their lives are being made far away in big cities. And perhaps most importantly, they feel that no one is listening to them or their ideas about things that are important to them. Most distressing to those living in this situation is the belief that no one, and especially no one in government, really cares. From resentment to division and deadlock To date, the phenomenon of resentment has been responsible for adding another layer of heightened division among Americans, including an increase in political polarization. That makes it much more difficult for federal government officials, as well as those at the state and local level, to reach consensus on important issues of the day. University of California, Berkeley sociologist Arlie Hochschilds book, Strangers in Their Own Land: Anger and Mourning on the American Right helps in explaining how this frustration and anger of small-town and rural area dwellers has resulted in increasing political support for Republican candidates, generally, and for Trump, specifically. Hochschild contends that the changing and turbulent politics of Wisconsin, a so-called purple state with a stark urban-rural divide, mirror the national rage that swept Trump into the White House. Given their intensifying feelings of resentment for being ignored and left behind, rural and small-town dwellers were particularly receptive to the slogan touted by Trump in his campaign Make America Great Again! Trump won the countrys small town and non-metropolitan areas by 63.2 percent to 31.3 percent, with his largest vote shares coming from the most rural areas. Like other Republican presidential candidates over the last 10 years, Trump garnered a large majority of the vote in traditional rural areas like Appalachia, the Great Plains and parts of the South. Surprisingly, however, Trump also won a substantial proportion of the traditionally Democratic small town and rural vote in several key Midwestern industrial areas. He won 57 percent of that vote in Michigan, 63 percent in Wisconsin and 71 percent in Pennsylvania. Why Trump triumphed Trump implied or clearly promised to repeal Obamacare, build a wall on the U.S.-Mexico border and deport around 11 million undocumented immigrants already in the U.S. Other appealing policies were tax cuts for both businesses and individuals; significant reductions in the regulation of business and industry; and import tariffs on foreign goods that compete unfairly with American-made products. Data collected by the Cooperative Congressional Election Study (from a national survey of more than 54,000 respondents) clearly show that people living in small towns and rural areas who supported these kinds of policies were decisively more likely to vote for Trump rather than Clinton in 2016. Above all, Trump promised a shift in the focus of the national government so that much more attention would be directed to rural areas and small towns and the challenges they faced. This evidently buoyed the hope of Trump supporters in these areas that they would be getting something closer to their fair share of government attention and resources. Voting implications There is ample evidence of voting patterns in recent years even before the 2016 election that suggest that voters in rural areas and small towns were increasingly voting for Republican candidates in national and state elections. This trend was quite visible from Republican and Democratic vote proportions in the 2000, 2004, 2008 and 2012 elections. In 2008, 53 percent of rural voters cast ballots for the Republican presidential candidate; 59 percent did in 2012; and 62 percent did in 2016. This was most clear in the 2016 election in the 2,332 counties that make up small-town and rural America, where Trump swamped Hillary Clinton by winning 60 percent as opposed to 34 percent of the vote. Trumps 26-point advantage over Clinton in rural America was much greater than had been the case for Republican presidential nominees in the four previous elections. The Trump appeal and the growing urban-rural division in the country is also evident from the fact that Trumps vote percentage in rural America was 29 points higher than he received in the nations urban counties and far larger than for Republican presidential nominees between 2000 and 2012. Moreover, responses to a 2017 Washington Post-Kaiser Family Foundation survey of rural and small-town voters in the 2016 election indicate that they were more likely to vote for Trump and also agree with him on a variety of issues. Those included immigration, tax cuts, eliminating regulations on businesses, making better trade deals, targeting more infrastructure projects and federal government services to rural areas and small towns, and appointing more conservative judges to the federal courts. About half of Trumps ideas and policy proposals have been accomplished, with the others yet to gain traction in Congress, two years after his election. So his record of delivering for these rural voters is mixed. Nevertheless, they stuck with Trump in the 2018 election. Rural voters stormed to the polls in virtually unprecedented numbers in 2018 and once again delivered for the president they voted for in 2016, The Hill reported. They delivered Trump a handful of critical Senate and gubernatorial elections in ruby red states. While not totally surprising, the Trump camp did not know what to expect going into the midterm election, given the numerous investigations of the president and his low public approval rating. Somewhat more surprising is what has been happening in a purple state like Florida, where Republicans have improved on both their turnout and overall performance in rural areas for several elections in a row. Newly elected Republican Gov. Ron DeSantis ran ahead of Trumps 2016 performance and former Republican Gov. Rick Scotts 2014 vote share in 13 of 16 counties in the Florida Panhandle. Rick Scott unseated longtime Democratic Sen. Bill Nelson by piling up large margins in the small towns and rural areas of the state. Similar scenarios in U.S. Senate races took place in key states like Missouri, Indiana, Texas and Tennessee, where Republicans won huge victories in rural counties. Beyond Trump Survey data collected from over 90,000 people by the National Opinion Research Center at the University of Chicago in November 2018 paint a vivid picture of the continuing urban-rural/small-town divide. Results show that residents of small towns and rural areas are much more supportive of the Republican Party and its candidates than people in urban and suburban areas. In addition, the most ardent supporters of Republicans are among those small-town and rural dwellers who are white and male, have less than a college education and vote on a regular basis. I believe that the urban-rural/small-town divide will continue to act as a major force in politics for the remainder of the Trump era and probably longer. This article is republished from The Conversation under a Creative Commons license. Read the original article here: http://theconversation.com/what-happens-to-rural-and-small-town-trump-voters-after-trump-is-gone-114415.
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J. Edwin Benton: Rural and small-town dwellers feel they are being left behind. He says they feel that no one is listening to them or their ideas about things that are important to them.
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bart
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https://www.sfgate.com/news/article/What-happens-to-rural-and-small-town-Trump-voters-13725880.php
| 0.178853 |
Is All Debt Bad Debt?
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Getty Debt is something that is generally regarded as a bad thing. On the surface, it makes sense. Personal finance teachers are very against debt. They offer advice like freezing your credit cards in a block of ice, paying down your mortgage as quickly as possible and never splurging on a $5 latte as ways to avoid or eliminate debt. But debt is a tool, just like a hammer is a tool. A hammer can do a lot of damage, especially if you hit yourself over the head with one. The same principle applies to debt. That's why you'll observe smart real estate investors, those people growing legacy wealth, excited about accumulating more debt to acquire properties. There is a difference between "good" debt and "bad" debt. "Bad" debt is used to purchase things that do not produce more money. "Good" debt makes money by being invested in assets that produce income and capital gains. I have been asked a lot about whether certain assets or liabilities are good debt or bad debt. There is no rule that a certain interest rate is the split between good debt or bad debt. Although most consumer debt (credit cards, personal loans, etc.) falls into the latter category, it's not particularly because they generally come with interest rates over 20% but because they create little to no income. For example, a 4% student loan that allows Junior to get a college degree that doesn't help advance his career would be one instance of bad debt. In contrast, good debt could be a 12% interest rate on a bridge loan to acquire an apartment building that produces 15-25% a year profit. As a bonus, when the funds required for the interest payments plus principal payments come from the investment itself (i.e., the tenant pays the mortgage for you) the loan is essentially free and creates cash flow. There is a large misconception out there that all debt is bad and there is no difference between good debt and bad debt. The misinformed investor looks only at debt amount and interest rate. But the sophisticated investor looks at cash flow and the impact on net worth. Cash flow is the figurative oxygen that keeps you financially alive, and the impact on net worth is monitored by the percentage of return of equity. Think of it this way: If you had to wait till you had all the money to purchase a rental property or home in hand, you might never acquire any asset that had the potential to create cash flow above the interest rate payments. Semi-sophisticated investors may try to not leverage themselves to the max by taking a loan-to-value ratio of less than 80%, considering this to be "safer." However, putting up a larger down payment may drain your cash reserves. The savviest investors know that security lies in the monthly cash flow, which builds up a large cash reserve account. On the flip side, taking out a smaller loan for a smaller asset will yield less cash flow. Investing without debt is like cooking without gasoline: Of course, gasoline can be dangerous, but if we learn to use it properly, we can see better results. Investors who utilize debt can transcend the current money paradigm that most people live by. Numbers people see it as a simple argument of interest/return rate arbitrage where they pair a lower interest rate with a higher rate of return. Its a game of arbitrage and it is at the core of the banking industry. To evaluate your investments and create an action plan, write all your debts and assets out in a list. Write down the description, balance amount, interest rate per year and what income it is producing as a percentage per year from the initial cost it took to acquire that asset. Identify which assets are producing the least amount of money after paying off the debt service (interest). Some of these may be negative. Consider selling or liquidating some of those in order to acquire assets that produce positive income. Real estate is a time-tested asset that produces income and is a commodity where the demand is not going away. However, it's advised to also consider other assets that produce income. It will take some time but if you prudently leverage your holdings with more and more good debt, you will be able to reap the rewards of a guilt-free, bad-debt splurge such as your dream car, vacation home or private-school education for Junior, because it will be paid off by the cash flow from the other good debt investments. In those situations, you will find a new level of ownership of that purchase because you truly earned it.
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There is a large misconception out there that all debt is bad and there is no difference between good debt and bad debt.
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ctrlsum
| 0 |
https://www.forbes.com/sites/forbesrealestatecouncil/2019/03/29/is-all-debt-bad-debt/
| 0.298366 |
Is All Debt Bad Debt?
|
Getty Debt is something that is generally regarded as a bad thing. On the surface, it makes sense. Personal finance teachers are very against debt. They offer advice like freezing your credit cards in a block of ice, paying down your mortgage as quickly as possible and never splurging on a $5 latte as ways to avoid or eliminate debt. But debt is a tool, just like a hammer is a tool. A hammer can do a lot of damage, especially if you hit yourself over the head with one. The same principle applies to debt. That's why you'll observe smart real estate investors, those people growing legacy wealth, excited about accumulating more debt to acquire properties. There is a difference between "good" debt and "bad" debt. "Bad" debt is used to purchase things that do not produce more money. "Good" debt makes money by being invested in assets that produce income and capital gains. I have been asked a lot about whether certain assets or liabilities are good debt or bad debt. There is no rule that a certain interest rate is the split between good debt or bad debt. Although most consumer debt (credit cards, personal loans, etc.) falls into the latter category, it's not particularly because they generally come with interest rates over 20% but because they create little to no income. For example, a 4% student loan that allows Junior to get a college degree that doesn't help advance his career would be one instance of bad debt. In contrast, good debt could be a 12% interest rate on a bridge loan to acquire an apartment building that produces 15-25% a year profit. As a bonus, when the funds required for the interest payments plus principal payments come from the investment itself (i.e., the tenant pays the mortgage for you) the loan is essentially free and creates cash flow. There is a large misconception out there that all debt is bad and there is no difference between good debt and bad debt. The misinformed investor looks only at debt amount and interest rate. But the sophisticated investor looks at cash flow and the impact on net worth. Cash flow is the figurative oxygen that keeps you financially alive, and the impact on net worth is monitored by the percentage of return of equity. Think of it this way: If you had to wait till you had all the money to purchase a rental property or home in hand, you might never acquire any asset that had the potential to create cash flow above the interest rate payments. Semi-sophisticated investors may try to not leverage themselves to the max by taking a loan-to-value ratio of less than 80%, considering this to be "safer." However, putting up a larger down payment may drain your cash reserves. The savviest investors know that security lies in the monthly cash flow, which builds up a large cash reserve account. On the flip side, taking out a smaller loan for a smaller asset will yield less cash flow. Investing without debt is like cooking without gasoline: Of course, gasoline can be dangerous, but if we learn to use it properly, we can see better results. Investors who utilize debt can transcend the current money paradigm that most people live by. Numbers people see it as a simple argument of interest/return rate arbitrage where they pair a lower interest rate with a higher rate of return. Its a game of arbitrage and it is at the core of the banking industry. To evaluate your investments and create an action plan, write all your debts and assets out in a list. Write down the description, balance amount, interest rate per year and what income it is producing as a percentage per year from the initial cost it took to acquire that asset. Identify which assets are producing the least amount of money after paying off the debt service (interest). Some of these may be negative. Consider selling or liquidating some of those in order to acquire assets that produce positive income. Real estate is a time-tested asset that produces income and is a commodity where the demand is not going away. However, it's advised to also consider other assets that produce income. It will take some time but if you prudently leverage your holdings with more and more good debt, you will be able to reap the rewards of a guilt-free, bad-debt splurge such as your dream car, vacation home or private-school education for Junior, because it will be paid off by the cash flow from the other good debt investments. In those situations, you will find a new level of ownership of that purchase because you truly earned it.
|
"Good" debt makes money by being invested in assets that produce income and capital gains. "Bad" debt is used to purchase things that do not produce more money. Investing without debt is like cooking without gasoline.
|
bart
| 1 |
https://www.forbes.com/sites/forbesrealestatecouncil/2019/03/29/is-all-debt-bad-debt/
| 0.157986 |
Is All Debt Bad Debt?
|
Getty Debt is something that is generally regarded as a bad thing. On the surface, it makes sense. Personal finance teachers are very against debt. They offer advice like freezing your credit cards in a block of ice, paying down your mortgage as quickly as possible and never splurging on a $5 latte as ways to avoid or eliminate debt. But debt is a tool, just like a hammer is a tool. A hammer can do a lot of damage, especially if you hit yourself over the head with one. The same principle applies to debt. That's why you'll observe smart real estate investors, those people growing legacy wealth, excited about accumulating more debt to acquire properties. There is a difference between "good" debt and "bad" debt. "Bad" debt is used to purchase things that do not produce more money. "Good" debt makes money by being invested in assets that produce income and capital gains. I have been asked a lot about whether certain assets or liabilities are good debt or bad debt. There is no rule that a certain interest rate is the split between good debt or bad debt. Although most consumer debt (credit cards, personal loans, etc.) falls into the latter category, it's not particularly because they generally come with interest rates over 20% but because they create little to no income. For example, a 4% student loan that allows Junior to get a college degree that doesn't help advance his career would be one instance of bad debt. In contrast, good debt could be a 12% interest rate on a bridge loan to acquire an apartment building that produces 15-25% a year profit. As a bonus, when the funds required for the interest payments plus principal payments come from the investment itself (i.e., the tenant pays the mortgage for you) the loan is essentially free and creates cash flow. There is a large misconception out there that all debt is bad and there is no difference between good debt and bad debt. The misinformed investor looks only at debt amount and interest rate. But the sophisticated investor looks at cash flow and the impact on net worth. Cash flow is the figurative oxygen that keeps you financially alive, and the impact on net worth is monitored by the percentage of return of equity. Think of it this way: If you had to wait till you had all the money to purchase a rental property or home in hand, you might never acquire any asset that had the potential to create cash flow above the interest rate payments. Semi-sophisticated investors may try to not leverage themselves to the max by taking a loan-to-value ratio of less than 80%, considering this to be "safer." However, putting up a larger down payment may drain your cash reserves. The savviest investors know that security lies in the monthly cash flow, which builds up a large cash reserve account. On the flip side, taking out a smaller loan for a smaller asset will yield less cash flow. Investing without debt is like cooking without gasoline: Of course, gasoline can be dangerous, but if we learn to use it properly, we can see better results. Investors who utilize debt can transcend the current money paradigm that most people live by. Numbers people see it as a simple argument of interest/return rate arbitrage where they pair a lower interest rate with a higher rate of return. Its a game of arbitrage and it is at the core of the banking industry. To evaluate your investments and create an action plan, write all your debts and assets out in a list. Write down the description, balance amount, interest rate per year and what income it is producing as a percentage per year from the initial cost it took to acquire that asset. Identify which assets are producing the least amount of money after paying off the debt service (interest). Some of these may be negative. Consider selling or liquidating some of those in order to acquire assets that produce positive income. Real estate is a time-tested asset that produces income and is a commodity where the demand is not going away. However, it's advised to also consider other assets that produce income. It will take some time but if you prudently leverage your holdings with more and more good debt, you will be able to reap the rewards of a guilt-free, bad-debt splurge such as your dream car, vacation home or private-school education for Junior, because it will be paid off by the cash flow from the other good debt investments. In those situations, you will find a new level of ownership of that purchase because you truly earned it.
|
"Good" debt makes money by being invested in assets that produce income and capital gains. "Bad" debt is used to purchase things that do not produce more money. Investing without debt is like cooking without gasoline: Of course, gasoline can be dangerous, but if we learn to use it properly, we can see better results.
|
bart
| 2 |
https://www.forbes.com/sites/forbesrealestatecouncil/2019/03/29/is-all-debt-bad-debt/
| 0.21526 |
Will Talented Jon Gray Become A Consistent Starter For The Rockies This Season?
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Getty Its impossible to understate the importance of Jon Gray to the Rockies. They have two top-flight starters at the head of their rotation in left-hander Kyle Freeland and German Marquez. And they would have a third if Gray can become more consistent this season and finally realize his vast potential. Thats not to dismiss left-hander Tyler Anderson and Chad Bettis, the remaining members of the rotation. Theyre the elder statesmen at 29 of a young rotation, very capable and its not like the Rockies know the bullpen will shoulder a large load on the days they pitch. Not at all. But their ceilings arent as high as Grays, and they havent shown the complete dominance Gray has _ in spurts. The Rockies won 91 games last season and played a 163rd game and lost to the Dodgers to decide the National League West. And the strength of the 2018 Rockies was their rotation, which led the NL in innings pitched (930). The five starters mentioned above took the mound 149 times and compiled a 55-38 record. Gray is a power pitcher with command. He threw a four-hit shutout in his 38th career start Sept. 17, 2016, with no walks and 16 strikeouts. Even with all those strikeouts that night against the Padres at Coors Field, Gray only threw 113 pitches. And 78 of them were strikes. A steady, dependable Gray could give the rotation and the rest of his teammates an immense lift this season. Spring training statistics count for nothing, particularly now that the regular season is underway. But in six starts this spring, Gray, 27, had a 3.48 ERA with 16 hits and three walks allowed in 20 2/3 innings and 26 strikeouts. Three of the eight runs he allowed came in his final start. Its not the numbers so much as how Gray attained them and what he was able to implement in spring training. First and foremost, the slider that was his signature pitch, an offering that could befuddle batters as it broke sharply and more or less disappeared, returned and did so with a vengeance. But just as important was the mind set that Gray took out of spring training and will carry to the mound Sunday at Miami when he makes his 2019 debut in the finale of a four-game series with the Marlins. Gray spent a lot of time in the offseason getting stronger after steadily dropping weight in 2018 that diminished his stamina and actually made him look undernourished. He visited Driveline Baseball near Seattle where he gathered plenty of data on his pitches, his delivery and developed a better sense of the right feel on his pitches and, crucially, how to quickly get it back when its not there. What has hindered Gray has been an inability at times to put down an inning before it implodes into something ruinous. At some point in just about every game, a starting pitcher will need to confront the hard truth that, Hey, Im in trouble. And Ive got to make a pitch here to get out of this. Gray often was unable to do so. But he seems better equipped mentally to do this now, because hes able to think more clearly on the mound and, specifically, avoid giving into the anger of the moment. When something bad would happen _ baseballs full of unfortunate events that are going to happen to each side, Gray said late in spring training. But the more you let those bother you, the more it affects what youre going to do the next pitch. So I think Ive let a lot go. Im not holding onto as much things that are going to make me angry. I know Im going to miss pitches. I know Im going to miss spots every now and then, make the wrong call. But its all about how you respond to that, and my minds in the right spot right now with that. Gray went 12-9 with a 5.12 ERA last year in 31 starts with 52 walks and 183 strikeouts in 172 1/3 innings. He was sent back to Triple-A Albuquerque at the end of June when he was 7-7 with a 5.77 ERA. He made two starts there and would have stayed longer but on July 14, the Rockies summoned Gray to replace Antonio Senzatela, who missed a turn due to a blister. The Rockies went 18-13 in Grays 31 starts. In those 18 games he started and the Rockies won, his ERA was 3.05. In the 13 losses, the onslaught overwhelmed Gray, and his ERA was 9.05. In those 13 games he started that resulted in a Rockies loss, Gray allowed three or more runs in 13 innings and a total of 46 runs. In the other 44 2/3 innings of those games, he allowed only 17 runs. And in the 18 games Gray started and the Rockies won, he allowed three runs only once in 114 2/3 innings. Gray was the Opening Day starter for the Rockies the past two seasons. That honor was given Thursday to Freeland, coming off his 17-7 record and 2.85 ERA last season that resulted in a fourth-place finish in the NL Cy Young voting. And Freeland continued on his merry way, holding the Marlins to two hits and one run in seven innings in Colorados 6-3 win. Freeland is 11-1 with a 2.53 in his past 18 regular season starts, 16 of which the Rockies have won. Marquez will start at Miami tonight, followed by Anderson and then Gray, allowing manager Bud Black to go left-right-left-right with his first four starters. Gray pitched four innings in both of his Opening Day assignments, giving up a total of 12 hits and eight runs. He came up short in a wild-card game at Arizona in 2017 and in his final 2018 start in game No. 161, a two-inning clunker that enabled the Dodgers to tie the Rockies in the standings. All that is now old history to Gray, not worth dwelling on. He will make his 90th major league start Sunday and is pivotal to the Rockies success this season. Gray seems to be in a good place physically and mentally. Hes confident in his pitches and just as confident when trouble arises, he won't let smoldering anger be his undoing. When Gray was asked how he got to the latter place, he gave an interesting answer, one that suggested the past misery of being unable to finish innings that unraveled with frightening quickness. Becoming aware when youre not in control and you dont have a plan to take it to the next space, I guess., Gray said. Id say a lot of it has to do with awareness and knowing when its going to happen, knowing what it is that makes you mad or whatever and just be ready to fight back against it.
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Jon Gray is a power pitcher with command. He threw a four-hit shutout in his 38th career start Sept. 17, 2016. A steady, dependable Gray could give the Rockies an immense lift.
|
bart
| 1 |
https://www.forbes.com/sites/jacketkin/2019/03/29/a-consistent-jon-gray-could-make-a-huge-difference-for-the-rockies-this-season/
| 0.119725 |
Will Talented Jon Gray Become A Consistent Starter For The Rockies This Season?
|
Getty Its impossible to understate the importance of Jon Gray to the Rockies. They have two top-flight starters at the head of their rotation in left-hander Kyle Freeland and German Marquez. And they would have a third if Gray can become more consistent this season and finally realize his vast potential. Thats not to dismiss left-hander Tyler Anderson and Chad Bettis, the remaining members of the rotation. Theyre the elder statesmen at 29 of a young rotation, very capable and its not like the Rockies know the bullpen will shoulder a large load on the days they pitch. Not at all. But their ceilings arent as high as Grays, and they havent shown the complete dominance Gray has _ in spurts. The Rockies won 91 games last season and played a 163rd game and lost to the Dodgers to decide the National League West. And the strength of the 2018 Rockies was their rotation, which led the NL in innings pitched (930). The five starters mentioned above took the mound 149 times and compiled a 55-38 record. Gray is a power pitcher with command. He threw a four-hit shutout in his 38th career start Sept. 17, 2016, with no walks and 16 strikeouts. Even with all those strikeouts that night against the Padres at Coors Field, Gray only threw 113 pitches. And 78 of them were strikes. A steady, dependable Gray could give the rotation and the rest of his teammates an immense lift this season. Spring training statistics count for nothing, particularly now that the regular season is underway. But in six starts this spring, Gray, 27, had a 3.48 ERA with 16 hits and three walks allowed in 20 2/3 innings and 26 strikeouts. Three of the eight runs he allowed came in his final start. Its not the numbers so much as how Gray attained them and what he was able to implement in spring training. First and foremost, the slider that was his signature pitch, an offering that could befuddle batters as it broke sharply and more or less disappeared, returned and did so with a vengeance. But just as important was the mind set that Gray took out of spring training and will carry to the mound Sunday at Miami when he makes his 2019 debut in the finale of a four-game series with the Marlins. Gray spent a lot of time in the offseason getting stronger after steadily dropping weight in 2018 that diminished his stamina and actually made him look undernourished. He visited Driveline Baseball near Seattle where he gathered plenty of data on his pitches, his delivery and developed a better sense of the right feel on his pitches and, crucially, how to quickly get it back when its not there. What has hindered Gray has been an inability at times to put down an inning before it implodes into something ruinous. At some point in just about every game, a starting pitcher will need to confront the hard truth that, Hey, Im in trouble. And Ive got to make a pitch here to get out of this. Gray often was unable to do so. But he seems better equipped mentally to do this now, because hes able to think more clearly on the mound and, specifically, avoid giving into the anger of the moment. When something bad would happen _ baseballs full of unfortunate events that are going to happen to each side, Gray said late in spring training. But the more you let those bother you, the more it affects what youre going to do the next pitch. So I think Ive let a lot go. Im not holding onto as much things that are going to make me angry. I know Im going to miss pitches. I know Im going to miss spots every now and then, make the wrong call. But its all about how you respond to that, and my minds in the right spot right now with that. Gray went 12-9 with a 5.12 ERA last year in 31 starts with 52 walks and 183 strikeouts in 172 1/3 innings. He was sent back to Triple-A Albuquerque at the end of June when he was 7-7 with a 5.77 ERA. He made two starts there and would have stayed longer but on July 14, the Rockies summoned Gray to replace Antonio Senzatela, who missed a turn due to a blister. The Rockies went 18-13 in Grays 31 starts. In those 18 games he started and the Rockies won, his ERA was 3.05. In the 13 losses, the onslaught overwhelmed Gray, and his ERA was 9.05. In those 13 games he started that resulted in a Rockies loss, Gray allowed three or more runs in 13 innings and a total of 46 runs. In the other 44 2/3 innings of those games, he allowed only 17 runs. And in the 18 games Gray started and the Rockies won, he allowed three runs only once in 114 2/3 innings. Gray was the Opening Day starter for the Rockies the past two seasons. That honor was given Thursday to Freeland, coming off his 17-7 record and 2.85 ERA last season that resulted in a fourth-place finish in the NL Cy Young voting. And Freeland continued on his merry way, holding the Marlins to two hits and one run in seven innings in Colorados 6-3 win. Freeland is 11-1 with a 2.53 in his past 18 regular season starts, 16 of which the Rockies have won. Marquez will start at Miami tonight, followed by Anderson and then Gray, allowing manager Bud Black to go left-right-left-right with his first four starters. Gray pitched four innings in both of his Opening Day assignments, giving up a total of 12 hits and eight runs. He came up short in a wild-card game at Arizona in 2017 and in his final 2018 start in game No. 161, a two-inning clunker that enabled the Dodgers to tie the Rockies in the standings. All that is now old history to Gray, not worth dwelling on. He will make his 90th major league start Sunday and is pivotal to the Rockies success this season. Gray seems to be in a good place physically and mentally. Hes confident in his pitches and just as confident when trouble arises, he won't let smoldering anger be his undoing. When Gray was asked how he got to the latter place, he gave an interesting answer, one that suggested the past misery of being unable to finish innings that unraveled with frightening quickness. Becoming aware when youre not in control and you dont have a plan to take it to the next space, I guess., Gray said. Id say a lot of it has to do with awareness and knowing when its going to happen, knowing what it is that makes you mad or whatever and just be ready to fight back against it.
|
Jon Gray is a power pitcher with command. He threw a four-hit shutout in his 38th career start Sept. 17, 2016. The Rockies won 91 games last season and played a 163rd game to decide the National League West. A steady, dependable Gray could give the rotation an immense lift this season.
|
bart
| 2 |
https://www.forbes.com/sites/jacketkin/2019/03/29/a-consistent-jon-gray-could-make-a-huge-difference-for-the-rockies-this-season/
| 0.223017 |
What Is The Difference Between Data Analysis And Data Visualization?
|
Pixabay The two terms data analysis and data visualization seem to have become synonymous in everyday language in the wider data community. Numerous job adverts focus on data visualization skills while not necessarily specifying the importance of analytical skills. Job titles reflect this trend with the emergence of new roles such as data artist, data visualization expert and data storyteller, but organizations are still looking for people who can extract value from their data, so these roles must include analytical skills. Data Analysis versus Data Visualization Data analysis is an exploratory process that often starts with specific questions. It requires curiosity, the desire to find answers and a good level of tenacity, because those answers arent always easy to come by. Data visualization involves the visual representation of data, ranging from single charts to comprehensive dashboards. Effective visualizations significantly reduce the amount of time it takes for your audience to process information and access valuable insights. Visual analytics in the process of analysis However, thats not to say that the two never work in harmony far from it. In working with data, analysis should come before the visual output, but visual analytics can be an excellent method for running more effective analyses. Visual analytics involves the process of building different charts with your data to give you various perspectives. This helps you identify outliers, gaps, trends and interesting data points that warrant further investigation. The process of analysis is similar to the design process depicted through the design squiggle by Damian Newman . Damian Newman On the left you have the process of analysis, research and visual exploration which turns into more clarity, an understanding of the data and the finding of insights as you move to the right. Only at the conclusion of the process comes the dashboard, the output that brings everything together in a neatly packaged output. In your job as a data analyst or visualization expert you will likely be creating dashboards for your stakeholders. Many people see it as the ultimate deliverable that will answer all their questions. I suggest, however, that the dashboard is just a starting point for further discussion and analysis. A dashboard, infographic or data story can be an excellent and very effective method for communicating insights. It shouldnt stop there, though. At the point when your stakeholders work with their interactive dashboard, printed PDF report or the screenshot they have received by email, that is when further discussions should come about. It shouldnt be the end point. Look at the below Sales & Profitability dashboard created by Ann Jackson . It is a visually compelling, cleanly designed summary of the data that shows the changes over time, the geographical differences, losses for certain product categories and summarizes key performance indicators as numbers. No, because now the real discussions start. Ann can sit with her audience and drill into further details to explore why certain results have come about and identify opportunities for improving business performance. Further investigation of the data, exploring it with your audience, that is the value you add as an analyst, beyond producing dashboards. They give you an excellent basis for these discussions but shouldnt be the end point. Dont stop at the visual One piece of advice I have shared with many analysts in the wider community is to not simply visualize data, but to show insights and to demonstrate your analytical skills. Many tools make it very easy to build visualizations quickly. Your role as an analyst is to ensure that the information they present is accessible, easy to understand and clear. I strongly encourage you to put your findings into actual sentences, annotations, titles and subtitles to guide your audience through your report or dashboard and make information accessible, regardless of their level of data literacy. Look at this visualization by Justin Davis . Justin created two charts and supported them by stating his findings in text. He could have stopped at using titles for each chart, but the inclusion of three sentences ensure that his audience doesnt have to do their own analysis first and can instead understand quickly what the data shows. And then, they can ask further questions. Justin Davis Another great example comes from Jenna DeVries who created a simple visualization of Major League Baseball beer prices . Adding annotations throughout the visual to help her audience understand key findings makes the information accessible and also shows that Jenna didnt just create a chart but rather went through a process of analysis which resulted in a visualization that best presents her conclusions. Jenna DeVries Show your analysis Data analysis and data visualization may be different activities, but theyre intrinsically linked, and one can usually support the other. When you work with data and build your next dashboard, I encourage you to give additional thought to how you can more effectively incorporate your findings. An effective, well-designed visualization is great but you risk losing your audience if the information is hidden in data art and cannot be acted upon by your stakeholders.
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Data visualization involves the visual representation of data, ranging from single charts to comprehensive dashboards.
|
bart
| 0 |
https://www.forbes.com/sites/evamurray/2019/03/29/what-is-the-difference-between-data-analysis-and-data-visualization/
| 0.146249 |
What Is The Difference Between Data Analysis And Data Visualization?
|
Pixabay The two terms data analysis and data visualization seem to have become synonymous in everyday language in the wider data community. Numerous job adverts focus on data visualization skills while not necessarily specifying the importance of analytical skills. Job titles reflect this trend with the emergence of new roles such as data artist, data visualization expert and data storyteller, but organizations are still looking for people who can extract value from their data, so these roles must include analytical skills. Data Analysis versus Data Visualization Data analysis is an exploratory process that often starts with specific questions. It requires curiosity, the desire to find answers and a good level of tenacity, because those answers arent always easy to come by. Data visualization involves the visual representation of data, ranging from single charts to comprehensive dashboards. Effective visualizations significantly reduce the amount of time it takes for your audience to process information and access valuable insights. Visual analytics in the process of analysis However, thats not to say that the two never work in harmony far from it. In working with data, analysis should come before the visual output, but visual analytics can be an excellent method for running more effective analyses. Visual analytics involves the process of building different charts with your data to give you various perspectives. This helps you identify outliers, gaps, trends and interesting data points that warrant further investigation. The process of analysis is similar to the design process depicted through the design squiggle by Damian Newman . Damian Newman On the left you have the process of analysis, research and visual exploration which turns into more clarity, an understanding of the data and the finding of insights as you move to the right. Only at the conclusion of the process comes the dashboard, the output that brings everything together in a neatly packaged output. In your job as a data analyst or visualization expert you will likely be creating dashboards for your stakeholders. Many people see it as the ultimate deliverable that will answer all their questions. I suggest, however, that the dashboard is just a starting point for further discussion and analysis. A dashboard, infographic or data story can be an excellent and very effective method for communicating insights. It shouldnt stop there, though. At the point when your stakeholders work with their interactive dashboard, printed PDF report or the screenshot they have received by email, that is when further discussions should come about. It shouldnt be the end point. Look at the below Sales & Profitability dashboard created by Ann Jackson . It is a visually compelling, cleanly designed summary of the data that shows the changes over time, the geographical differences, losses for certain product categories and summarizes key performance indicators as numbers. No, because now the real discussions start. Ann can sit with her audience and drill into further details to explore why certain results have come about and identify opportunities for improving business performance. Further investigation of the data, exploring it with your audience, that is the value you add as an analyst, beyond producing dashboards. They give you an excellent basis for these discussions but shouldnt be the end point. Dont stop at the visual One piece of advice I have shared with many analysts in the wider community is to not simply visualize data, but to show insights and to demonstrate your analytical skills. Many tools make it very easy to build visualizations quickly. Your role as an analyst is to ensure that the information they present is accessible, easy to understand and clear. I strongly encourage you to put your findings into actual sentences, annotations, titles and subtitles to guide your audience through your report or dashboard and make information accessible, regardless of their level of data literacy. Look at this visualization by Justin Davis . Justin created two charts and supported them by stating his findings in text. He could have stopped at using titles for each chart, but the inclusion of three sentences ensure that his audience doesnt have to do their own analysis first and can instead understand quickly what the data shows. And then, they can ask further questions. Justin Davis Another great example comes from Jenna DeVries who created a simple visualization of Major League Baseball beer prices . Adding annotations throughout the visual to help her audience understand key findings makes the information accessible and also shows that Jenna didnt just create a chart but rather went through a process of analysis which resulted in a visualization that best presents her conclusions. Jenna DeVries Show your analysis Data analysis and data visualization may be different activities, but theyre intrinsically linked, and one can usually support the other. When you work with data and build your next dashboard, I encourage you to give additional thought to how you can more effectively incorporate your findings. An effective, well-designed visualization is great but you risk losing your audience if the information is hidden in data art and cannot be acted upon by your stakeholders.
|
Data analysis is an exploratory process that often starts with specific questions. It requires curiosity, the desire to find answers and a good level of tenacity.
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pegasus
| 1 |
https://www.forbes.com/sites/evamurray/2019/03/29/what-is-the-difference-between-data-analysis-and-data-visualization/
| 0.127807 |
What Is The Difference Between Data Analysis And Data Visualization?
|
Pixabay The two terms data analysis and data visualization seem to have become synonymous in everyday language in the wider data community. Numerous job adverts focus on data visualization skills while not necessarily specifying the importance of analytical skills. Job titles reflect this trend with the emergence of new roles such as data artist, data visualization expert and data storyteller, but organizations are still looking for people who can extract value from their data, so these roles must include analytical skills. Data Analysis versus Data Visualization Data analysis is an exploratory process that often starts with specific questions. It requires curiosity, the desire to find answers and a good level of tenacity, because those answers arent always easy to come by. Data visualization involves the visual representation of data, ranging from single charts to comprehensive dashboards. Effective visualizations significantly reduce the amount of time it takes for your audience to process information and access valuable insights. Visual analytics in the process of analysis However, thats not to say that the two never work in harmony far from it. In working with data, analysis should come before the visual output, but visual analytics can be an excellent method for running more effective analyses. Visual analytics involves the process of building different charts with your data to give you various perspectives. This helps you identify outliers, gaps, trends and interesting data points that warrant further investigation. The process of analysis is similar to the design process depicted through the design squiggle by Damian Newman . Damian Newman On the left you have the process of analysis, research and visual exploration which turns into more clarity, an understanding of the data and the finding of insights as you move to the right. Only at the conclusion of the process comes the dashboard, the output that brings everything together in a neatly packaged output. In your job as a data analyst or visualization expert you will likely be creating dashboards for your stakeholders. Many people see it as the ultimate deliverable that will answer all their questions. I suggest, however, that the dashboard is just a starting point for further discussion and analysis. A dashboard, infographic or data story can be an excellent and very effective method for communicating insights. It shouldnt stop there, though. At the point when your stakeholders work with their interactive dashboard, printed PDF report or the screenshot they have received by email, that is when further discussions should come about. It shouldnt be the end point. Look at the below Sales & Profitability dashboard created by Ann Jackson . It is a visually compelling, cleanly designed summary of the data that shows the changes over time, the geographical differences, losses for certain product categories and summarizes key performance indicators as numbers. No, because now the real discussions start. Ann can sit with her audience and drill into further details to explore why certain results have come about and identify opportunities for improving business performance. Further investigation of the data, exploring it with your audience, that is the value you add as an analyst, beyond producing dashboards. They give you an excellent basis for these discussions but shouldnt be the end point. Dont stop at the visual One piece of advice I have shared with many analysts in the wider community is to not simply visualize data, but to show insights and to demonstrate your analytical skills. Many tools make it very easy to build visualizations quickly. Your role as an analyst is to ensure that the information they present is accessible, easy to understand and clear. I strongly encourage you to put your findings into actual sentences, annotations, titles and subtitles to guide your audience through your report or dashboard and make information accessible, regardless of their level of data literacy. Look at this visualization by Justin Davis . Justin created two charts and supported them by stating his findings in text. He could have stopped at using titles for each chart, but the inclusion of three sentences ensure that his audience doesnt have to do their own analysis first and can instead understand quickly what the data shows. And then, they can ask further questions. Justin Davis Another great example comes from Jenna DeVries who created a simple visualization of Major League Baseball beer prices . Adding annotations throughout the visual to help her audience understand key findings makes the information accessible and also shows that Jenna didnt just create a chart but rather went through a process of analysis which resulted in a visualization that best presents her conclusions. Jenna DeVries Show your analysis Data analysis and data visualization may be different activities, but theyre intrinsically linked, and one can usually support the other. When you work with data and build your next dashboard, I encourage you to give additional thought to how you can more effectively incorporate your findings. An effective, well-designed visualization is great but you risk losing your audience if the information is hidden in data art and cannot be acted upon by your stakeholders.
|
The two terms data analysis and data visualization seem to have become synonymous in everyday language in the wider data community. Data analysis is an exploratory process that often starts with specific questions. Visual analytics involves the process of building different charts with your data to give you various perspectives.
|
ctrlsum
| 2 |
https://www.forbes.com/sites/evamurray/2019/03/29/what-is-the-difference-between-data-analysis-and-data-visualization/
| 0.599725 |
When will the art world recognise the real artist behind Duchamp's Fountain?
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I dont believe the people involved in these attributions were all monsters out to destroy the reputation of the artist or thinker. The evidence was there. They couldnt see it. Paintings, novels and philosophy made by men feel more elevated somehow, more serious, while works by women feel flimsier and more emotional. Masculinity has a purifying effect, femininity a polluting one. The chain of associations that infect our thought dates back to the Greeks in the west: male, mind-intellect, high, hard, spirit, culture as opposed to female, body, emotion, soft, low, flesh, nature. The chains are hierarchical, man on top and woman on bottom. They are often subliminal, and they are emotionally charged. Ironically, these enduring associations become all the more important when the artwork in question is a urinal a pee pot for men. The story goes like this: Marcel Duchamp, brilliant inventor of the ready-made and anti-retinal art, submitted Fountain, a urinal signed R Mutt, to the American Society of Independent Artists in 1917. The piece was rejected. Duchamp, a member of the board, resigned. Alfred Stieglitz photographed it. The thing vanished, but conceptual art was born. In 2004 it was voted the most influential modern artwork of all time. She appears in my most recent novel, Memories of the Future, as an insurrectionist inspiration for my narrator. One reviewer of the novel described the baroness as a marginal figure in art history who was a raucous proto-punk poet from whom Duchamp allegedly stole the concept for his urinal. It is true that she was part of the Dada movement, published in the Little Review with Ezra Pound, Djuna Barnes, TS Eliot, Mina Loy and James Joyce and has been marginalised in art history, but the case made in my book, derived from scholarly sources enumerated in the acknowledgements, is not that Duchamp allegedly stole the concept for his urinal from Von Freytag-Loringhoven, but rather that she was the one who found the object, inscribed it with the name R Mutt, and that this seminal artwork rightly belongs to her. Facebook Twitter Pinterest Fountain, the famous porcelain urinal. Photograph: AP In the novel, I quote a 1917 letter Duchamp wrote to his sister, Susanne. I took the translation directly from Irene Gammels excellent biography of Von Freytag-Loringhoven, Baroness Elsa: One of my female friends who had adopted the masculine pseudonym Richard Mutt sent me a porcelain urinal as a sculpture. I got it wrong. Glyn Thompson, an art scholar and indefatigable champion of the baroness as the brain behind the urinal, pointed out to me that Duchamp wrote avait envoy not ma envoy sent in, not sent me. R Mutt was identified as an artist living in Philadelphia, which is where she was living at the time. In 1935 Andr Breton attributed the urinal to Duchamp, but it wasnt until 1950, long after the baroness had died and four years after Stieglitzs death, that Duchamp began to take credit for the piece and authorise replicas. Duchamp said he had purchased the urinal from JL Mott Ironworks Company, adapting Mutt from Mott, but the company did not manufacture the model in the photograph, so his story cannot be true. Von Freytag-Loringhoven loved dogs. She paraded her mutts on the sidewalks of Greenwich Village. She collected pipes and spouts and drains. She relished scatological jokes and made frequent references to plumbing in her poems: Iron my soul cast iron! Marcel Dushit. She poked fun at William Carlos Williams by calling him WC. She created God, a plumbing trap as artwork, once attributed to Morton Schamberg, now to both of them. Gammel notes in her book that R Mutt sounds like Armut, the word for poverty in German, and when the name is reversed it reads Mutter mother. The baronesss devout mother died of uterine cancer. She was convinced her mother died because her tyrannical father failed to treat his venereal disease. (The uterine character of the upside-down urinal has long been noted.) And the handwriting on the urinal matches the handwriting Von Freytag-Loringhoven used for her poems. All this and more appears in Gammels biography. All this and more reappears in my novel. All the evidence has been painstakingly reiterated in numerous articles and, as part of the Edinburgh festival fringe, Glyn Thompson and Julian Spalding, a former director of Glasgow Museums, mounted the 2015 exhibition A Ladys Not a Gents, which presented the factual and circumstantial evidence for reattribution of the urinal to Von Freytag-Loringhoven. The museums, including the Tate, have not budged. The standard Fountain narrative with Duchamp as hero goes on. I am convinced that if the urinal had been attributed to the baroness from the beginning, it would never have soared into the stratosphere as a work of consummate genius. Women are rarely granted such status, but the present reputation of Fountain, one that was hardly instantaneous but grew slowly over the course of many decades, has made the truth embarrassing, not to speak of the money involved and the urgent need to rewrite history. The evidence is there. They cant or wont see it. Facebook Twitter Pinterest Lee Krasner in New York, c 1940. Photograph: The Jewish Museum Expectation is the better part of perception, most of it unconscious. Past experience determines how we confront the world in the present. Prejudgment and stereotyping are part of cognition, but those preordained ideas authority is masculine, for example are cultural. Most people know about implicit bias. The media are full of it. Take the implicit association test to see if you are a racist or sexist. But as Perry Hinton put it: The implicit stereotypical associations picked up by an individual do not reflect a cognitive bias but the associations prevalent in their culture evidence of culture in mind. We need gut feelings, but we also devise post hoc explanations for them: Certainly, Freytag-Loringhoven had created broadly similar scatological works but nothing that held the thinking expressed in Duchamps piece. I lifted this sentence from an online article at Phaidon.com called The Fascinating Tale of Marcel Duchamps Fountain. I quote it in the novel. The writer does not explain what he means by thinking or why works by the baroness lack thought. Siri Hustvedt: Im writing for my life Read more To open oneself to any work a sculpture, a book of literature or philosophy is to acknowledge the authority behind it. When the spectator or reader is a man and the artist or thinker is a woman, this simple act of recognition can give rise to bad feelings of emasculation, what I call the yuck factor the unpleasant sensation of being dragged down into fleshy feminine muck. But because the feelings are automatic, they may never be identified and can easily be explained away: she couldnt think. She was a wild woman who wore tin cans for a bra. She turned her body into Dada. In 1913, she picked a rusted ring off the street, a found object, and named it Enduring Ornament, a year before Duchamps first readymade, Bottle Rack, but she wasnt thinking. She couldnt have influenced him. She was emotional, out of control crazy. Duchamp, on the other hand, was dry, witty, a chess-playing genius of pure conceptual mind, a hero of high culture. The baroness called herself art aggressive. She celebrated and elevated bodily machinery, rejoiced in verbal hijinks, and pitied Duchamp for devolving into cheap, bluff, giggle frivolity. She played with the outrage, contempt and disgust she incited. She wrote: You forget, madame that we are the masters go by our rules. She broke the rules. The evidence is there. She sent in the urinal. Its time to rewrite the story. Memories of the Future by Siri Hustvedt is published by Hodder & Stoughton at 18.99. Buy it for 16.71 at guardianbookshop.com
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Marcel Duchamp submitted Fountain, a urinal signed R Mutt, to the American Society of Independent Artists in 1917.
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bart
| 0 |
https://www.theguardian.com/books/2019/mar/29/marcel-duchamp-fountain-women-art-history
| 0.198568 |
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