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1 Article
Source: Common Domain

Skechers stock zooms 37% as earnings show company ‘is not the one trick pony it once was

Friday 21:52 GMT

Shares of athletic shoe maker Skechers Inc. zoomed more than 37% Friday, after the company blew past earnings estimates for the third quarter, prompting a round of stock price target increases from analysts and at least one upgrade.

Don’t miss: Shoes are having a moment; new lines from Skechers, Steve Madden impress analysts. Also: Teens are spending their money on Amazon and Adidas, while Nike loses favor. “SKX’s results are evidence that SKX is not the one trick pony it once was,” analysts led by Sam Poser wrote in a note. Poser noted that China growth was about 50%, and that the company is expecting China to grow to a $1 billion business in two to three years that could be as big, or even bigger, than the U.S.. That’s a “realistic notion considering success thus far, brand strength in China, and investments, which include breaking ground on a new distribution center in 3Q18/4Q18,” said Poser.

1 Article
Source: New York Times

A Remnant from Caligula’s Ship, Once a Coffee Table, Heads Home

Today 00:38 GMT

For much of the past five decades, a four-by-four piece of mosaic flooring from one the ships has been sitting in a somewhat more prosaic setting, the Park Avenue apartment of an antiques dealer where it was used as a coffee table, often to hold a vase of flowers and, occasionally, someone’s drinking glass.

Now investigators for the Manhattan district attorney’s office are trying to sort out the journey of the 2000-year-old piece of Roman history that was once dredged from the lake outside Rome and somehow ended up in a private home in New York City.

1 Article
Source: NBC News

In the heart of America, K-pop thrives

Thursday 00:01 GMT

Joey Abonzo was working as an optician in Dallas when he was first introduced to Korean pop music, also known as K-pop, in 2012.

The consulate wanted to know if Kpop Dallas was interested in helping organize and promote a preliminary round of the K-pop World Festival, a South Korean government-sponsored event that invites international K-pop fans to perform their favorite songs. Winners of regional rounds, held in 71 countries in 2016, have the opportunity to compete at the final event in Changwon, South Korea.

1 Article
Source: New York Times

Inside Amazon, Diversity Concerns Flare Up After Harassment Accusations

Today 00:38 GMT

Amazon on Friday tried to quell concerns among employees about sexual harassment accusations against an executive, sending an email to its staff saying the company would review its policies to ensure that “they are doing their job to provide a harassment-free workplace.”

The email is the first broad internal communication by Amazon since Roy Price, who oversaw Amazon Studios, left the company this week after details of the accusations became public.

1 Article
Source: DW

WHO criticized for naming Robert Mugabe as "goodwill ambassador"

Today 00:38 GMT

The World Health Organization has named Zimbabwean President Robert Mugabe as a 'goodwill ambassador,' drawing criticism from health and rights organizations.

The United Nations World Health Organization (WHO) came under fire Friday after it named Zimbabwean President Robert Mugabe as a "goodwill ambassador." WHO Director General Tedros Ghebreyesus praised Mugabe at a conference on non-communicable diseases in Uruguay this week, saying the 93-year-old could use the new role to "influence his peers in his region."

1 Article
Source: New York Times

For Ana Marie Cox, Goodbyes Can Be Awkward

Friday 12:43 GMT

It’s true that genuine curiosity cannot make a person reflect if he or she does not want to be reflective, and those were the slowest hours of my life … not that I would want any of them back.

Being the Talk columnist for the past two years meant that once a week, almost every week, I called a new person and tried to get to know them for an hour. All interviewers halfway decent at their jobs are genuinely curious about their subjects.

1 Article
Source: Common Domain

Americans are still terrible at investing, annual study once again shows

Friday 15:28 GMT

Several years ago, I began writing an annual update discussing Dalbar’s Quantitative Analysis of Investor Behavior study.

With the release of Dalbar’s 2017 study, I can remind you of the problems investors continue to face despite the ongoing media and mainstream rhetoric about “investing for the long term” and other nonsense, such as “dollar cost averaging” and “buy and hold” investing. First, let’s dismiss the notion that it is possible for an investor to consistently “beat” an index over long periods.

1 Article
Source: New York Times

Harlem School of the Arts, Once Shuttered and in Debt, Now Dreams Big

Friday 14:34 GMT

After hundreds of children had finished their dance, piano and voice lessons one recent afternoon, the halls of the Harlem School of the Arts were quiet.

Today, the school has not only recovered, but is pivoting from a place that primarily provided arts education for children to a full-fledged performing arts center. Just seven years ago, the school, founded in 1964, was $2 million in debt and temporarily closed.

1 Article
Source: Common Domain

SEC is once again ‘guiding’ companies on their use of non-GAAP numbers

Friday 13:37 GMT

• Emphasizing the discussions and analyses of non-GAAP metrics over the comparable GAAP numbers. • Putting only non-GAAP numbers in an earnings release headline or caption or putting the non-GAAP numbers first before the comparable standard numbers. • Using expressions like “record performance” or “exceptional” to describe non-GAAP results. In these updated guidelines, the SEC even has to define “earnings” because of the proliferation of non-GAAP terms such as EBITDA. “Earnings,” the SEC says, means net income as presented in the statement of operations under GAAP.

1 Article
Source: BBC

Ed Sheeran cancels shows after accident

Wednesday 21:00 GMT

Ed Sheeran says he is "unable to perform live concerts for the immediate future" after breaking his arm in a cycling accident.

Sadly, this means that the following shows will not be able to go ahead as planned: Taipei, Osaka, Seoul, Tokyo and Hong Kong. A visit to my doctors confirmed fractures in my right wrist and left elbow that will leave me unable to perform live concerts for the immediate future.

1 Article
Source: Common Domain

CMO Today: Nielsen’s Netflix Ratings; Ad Fraud Scheme Uncovered; Omnicom Eases Sector Concerns

Thursday 03:22 GMT

The brands caught up in the messy web include “we’re halfway there to cleaning up ad fraud” Procter & Gamble; Unilever, whose CMO Keith Weed last month gave the industry a “C” grade for its efforts to eradicate ad fraud; J.P. Morgan Chase, which earlier this year said it cut down the amount of sites it runs ads on from 400,000 to 5,000, and many more.

Ratings on Netflix have long been a closely guarded secret, with the company notoriously not even sharing much with the producers of shows.

1 Article
Source: Global News

Ontario government ignored public safety concerns in ‘Chemical Valley,’ ‘muzzled’ engineers: document

Wednesday 12:43 GMT

Ontario engineers claim their public safety concerns regarding oil refineries and their effects on communities in Sarnia’s Chemical Valley, including Aamjiwnaang First Nation, are being ignored by the provincial government, according to a report obtained by Global News.

READ MORE: Ontario government commits to fund health study after ‘Chemical Valley’ investigation. According to the document, engineers claim to have been identifying public safety concerns since 2009 related to petrochemical refineries in Ontario, including “acid gas flaring resulting in significant sulphur dioxide air emissions and risk of irreversible health impacts or mortality for sensitive individuals,” as well as a “lack of engineering regulatory oversight relative to U.S. jurisdictions resulting in an increased risk to nearby communities of chemical leaks (e.g., hydrogen sulphide) and explosions.” Engineers also allege senior management ignored concerns from Aamjiwnaang First Nation and PEGO members after having met “regularly with industry representatives.”

1 Article
Source: CBS News

Ford urged to recall 1.3 million Explorers amid carbon monoxide poisoning concerns

Wednesday 09:57 GMT

There is a new push Tuesday morning for the Ford Motor Company to recall its Explorer SUVs over carbon monoxide poisoning concerns.

The Center for Auto Safety is calling on Ford to recall all of its 2011 through 2017 Ford Explorer SUVs, reports CBS News' Kris Van Cleave. The National Highway Traffic Safety Administration is investigating more than 2,700 complaints about possible carbon monoxide in Explorers, including reports of 41 injuries and three accidents that may also be linked.

1 Article
Source: BBC

Take two for Samsung's troubled Bixby

Friday 03:21 GMT

At Samsung’s Developers’ Conference, held this week in San Francisco, developers were told to welcome in Bixby 2.0, and put the shortcomings of Bixby 1.0 behind them.

In a Q&A session at the conference, I asked Brad Park, who looks after “service intelligence” at Samsung, whether Bixby faces a level playing field when coming up against Google’s Assistant within Android. Despite the positivity, Bixby is fighting to catch up in a race it has surely missed.

1 Article
Source: Global News

NDP, Green Party slam feds over ignored health concerns in Sarnia’s Chemical Valley

Wednesday 18:13 GMT

The federal NDP and Green Party slammed Ottawa’s inaction Tuesday after an investigation by journalists – including Global News – revealed major concerns about government oversight and health risks for residents living near one of Canada’s largest complexes of oil refineries and petro-chemical plants.

NDP environment critic Linda Duncan said the federal government “dropped the ball” in its response to health concerns in Sarnia’s Chemical Valley, including Aamjiwnaang First Nation.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte