Planting a Canadian flag on the streets of Shanghai seems like a cheeky bit of marketing these days, given the seemingly unending war of words between Ottawa and Beijing. Yet here it is: the first Tim Hortons outpost in China.
Planting a Canadian flag on the streets of Shanghai seems like a cheeky bit of marketing these days, given the seemingly unending war of words between Ottawa and Beijing. Yet here it is: the first Tim Hortons outpost in China.
In November, following an especially filling helping of Thanksgiving leftovers, I sat down to peruse Zara’s Black Friday sale and immediately zeroed in on a pair of clogs. They were tan, bulky-looking, and made of rubber. The pair in question, called “Lightweight Sport Sole Clogs,” brought to mind Bottega Veneta’s now-famous — or, infamous, if you ask some — bulbous, ankle-height Puddle Boots, minus the boot part and the $650 price tag. (At the time, Zara’s iteration cost $35.90, though, they all sold out after being discounted to under-$10.) They also resembled classic Crocs, albeit slightly chicer, thanks to muted colorways and a lifted sole, and featuring no holes. As someone who doesn’t do much of anything outside these days, thus eliminating any uses for an outdoor shoe, I didn’t need them at all. But I wanted them. And after spending the holidays all by my lonesome, I deserved them. Three to five business days later, they were mine. At that point, I hadn’t yet become aware of their true purpose. I wore them as “inside shoes” — footwear you slip into after ditching your germ-infested outside shoes at the door — but called them “gardening shoes,” because they resembled pairs I’d seen from outdoorsy brands like Hunter and Birkenstock. It wasn’t until I posted my clogs on social media, that I realized what their destiny really was: A cross between a Croc and a rainboot, my Zara clogs are the ultimate dog walking shoe. Soon after posting my clogs to Instagram, I got a Slack message from my coworker, entertainment editor Morgan Baila: “So you know I got a dog, right?” (Her dog Lucca has his own Instagram account named @luccabailathelagotto.) “I wanted to get Crocs because I’m running in and out all day, but then I saw your story,” she said. “Should I get Crocs or Zara?” Having become inseparable from my own Zara clogs, going as far as to purchase a second pair in black, I suggested the latter. A few weeks later, I spotted them on her feed. She wore them to walk her dog, ditching the black UGG boots she previously wore for the outings. View this post on Instagram A post shared by Morgan Baila (@morganbaila) When I asked for her review, she shared — quite poetically I might add — this about their allure: “A mix between a Croc, a garden shoe, and a floating device, these clogs are light as air and have a comfortable sole perfect for running behind Lucca on shorts walks and playing in muddy grass,” she wrote. “They’re so ugly that they’re kinda hot.” She added that because they’re made of rubber, Lucca can also chew on them without ruining them. In her words, they’re puppy-proof. View this post on Instagram A post shared by karyn fiebich (@karynfiebich) As a proud feline-owner myself, I didn’t have any means of fact-checking her. So I called on another dog mom named Karyn Fiebich, who, like Baila, after seeing my clogs on social media, bought herself a pair. She now wears them to walk her dog, as well as make flower deliveries for her Portland-based flower shop Osa Floral. “My black lab daughter Gemma and I go on a lot of walks in varying elements,” Kiebich tells Refinery29. “Not only are rubber clogs weather-proof, but they also add a little bit of personality and drama during my every day, usually uneventful activities.” Drama is right. “It’s a ridiculously oversized, cloud-like shoe that is literally the most comfortable thing I’ve worn on my feet,” she says. Of course, Zara didn’t invent rubber clogs. As previously mentioned, the Spanish fashion brand’s take is just a slightly elevated version of Croc’s signature slip-ons, which have, too, been making the rounds in fashion. In fact, The New York Times declared that they “won 2020” in September, following Bad Bunny’s collaboration with the function-first brand. Sadly, as Zara’s been known to do, they sold out of the style soon after slashing their prices to single digits. And as winter weather approached, they were replaced with quilted snow boots and lug-soled Wellies. That being said, a quick tour of the footwear market led me to a whole slew of stylish gardening options that you (and your dog) will love just as much. If you don’t believe the cat lady, ask a fellow dog-owner — they’re probably wearing a pair right now. At Refinery29, we’re here to help you navigate this overwhelming world of stuff. All of our market picks are independently selected and curated by the editorial team. If you buy something we link to on our site, Refinery29 may earn commission. Like what you see? How about some more R29 goodness, right here?Hailey Bieber's “Ugly” Shoe Combo Is So RelatableUGGs: The “Ugly” Shoe Everyone Loves To HateBirkenstock x Valentino Is Back With A New Line
North made his Test debut as an 18-year-old wing in 2010.
UCSF, UC Berkeley announce partnership with Genentech to speed development of therapeutics for brain diseases and CNS disorders such as Alzheimer’s.
Axar Patel has taken fifers in three innings since making his Test debut in Chennai.
Step, the new modern-day financial services company built for teens and families, today announced it has crossed one million users. A first of its kind, Step offers users the ability to build credit before they turn 18 through a free, FDIC insured bank account, secured spending card and P2P payments platform. The company also recently closed a new venture debt facility and added major star power with baseball legend Alex Rodriguez and digital megastar Josh Richards joining Step as investors.
The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (the "Fund") approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.11 per share for each of April, May, and June 2021.
Mitel Global Partner Awards spotlight outstanding achievements from Mitel partners across the Americas region.
MulticoreWare Inc., joins CEVA, the leading licensor of sensor-hub Digital Signal Processors, AI engines and complementary framework & various software SDK’s, as their trusted partner to enable services on all computing platforms by implementing optimized kernels and frameworks in CEVA’s pipeline.
Stocks traded choppily Thursday morning as a rapid rise in Treasury yields spooked equity investors.
Upswing’s Partnership with UNCF Builds on Commitment to Remove Barriers from Degree Equality and Create a Connected College Experience for Underserved StudentsAUSTIN, TX, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Upswing, an online student engagement organization, is partnering with UNCF(United Negro College Fund) to provide academic support for UNCF’s Fund II Foundation – UNCF STEM Scholars Program (STEM Scholars Program), connecting STEM students with an online academic advising platform, tutoring, advising and mental health services. UNCF is awarding over 500 African American undergraduate students scholarships that are pursuing careers in STEM fields through the STEM Scholars Program. Selected scholars receive funding, internships, mentoring, and other tools to help them reach their goals throughout their entire college matriculation, assuming they maintain a certain grade point average and meet other program requirements. And now, during COVID-19, while many institutions are still online with limited access to student academic services, Upswing is another valuable resource to help students reach their goals. Upswing will additionally connect STEM Scholars Program scholars with academic support resources such as live and online tutoring and advising, access to a virtual assistant that quickly provides answers to their questions, and a mental health module to address students’ nonacademic needs with free access to mental health and wellness resources. “This enhanced support of the UNCF STEM Scholars Program is very welcome,” said Dr. Michael L. Lomax, UNCF’s president and CEO. “We thank Upswing for its investment in our students and our mission and look forward to growing this unique partnership.” Upswing’s Support Services to Enhance STEM Scholars’ Achievements Upswing understands mental health and wellness are critical, but often overlooked, components to academic success and make its Mental Health and Wellness Module available 24/7 at no cost to UNCF institutions for STEM scholars students. STEM Scholars Program scholars can address their nonacademic mental health needs with Upswing’s Mental Health & Wellness Module. UNCF students will also have access to Upswing’s virtual assistant, Ana. Ana mimics a personal adviser's experience through automated nudging sequences, two-way conversational interactions and sentimental analyses. It acts as a mass communication tool to reach STEM students on their phones. UNCF plans to use Ana for mid-semester check-ins with scholars and scheduling lessons with students. Finally, UNCF STEM Scholars have access to Upswing’s user-friendly, online advising and tutoring. A virtual learning classroom environment is easily accessible to students with the look and feel of social media platforms. UNCF STEM Scholars can connect with advisors and tutors from the Mathematical Sciences Institute (MSI) and Upswing’s tutors through an integrated services platform to receive academic support, tutor session feedback and analyses. Tracking student success is critical for the STEM Scholars Program. UNCF has access to an easy-to-use dashboard that aggregates and summarizes usage data to track student performance, giving them in-depth knowledge to make informed decisions around student success. “Access to quality education is critically important because it influences the trajectory of a student’s life. We’re proud to partner with UNCF and their STEM Scholars Program by providing academic support services that change lives for underrepresented and minority groups across the country,” says Melvin Hines, co-founder and CEO of Upswing, and a former HBCU professor. Upswing’s partnership with UNCF builds on its commitment to remove the barriers from degree equality by creating a connected college experience for underserved students. Empowering anyone who wants to improve their circumstances through education can access the necessary resources to succeed. About Upswing Upswing is an Austin, Texas-based online student engagement organization focused on removing the barriers to degree equity. Learn more about Upswing at https://upswing.io/ About UNCF UNCF (United Negro College Fund) is the nation’s largest and most effective minority education organization. To serve youth, the community and the nation, UNCF supports students’ education and development through scholarships and other programs, supports and strengthens its 37 member colleges and universities, and advocates for the importance of minority education and college readiness. UNCF institutions and other historically Black colleges and universities are highly effective, awarding nearly 20% of African American baccalaureate degrees. UNCF administers more than 400 programs, including scholarship, internship and fellowship, mentoring, summer enrichment, and curriculum and faculty development programs. Today, UNCF supports more than 60,000 students at over 1,100 colleges and universities across the country. Its logo features the UNCF torch of leadership in education and its widely recognized trademark, ‟A mind is a terrible thing to waste.”® Learn more at UNCF.org or for continuous updates and news, follow UNCF on Twitter at @UNCF. CONTACT: Monique LeNoir United Negro College Fund, Inc. (UNCF) 202-810-0231 email@example.com Renee´ Hewitt Upswing 917.965.8712 firstname.lastname@example.org
The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the "Fund") reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on March 24, 2021 to common stock shareholders of record on March 17, 2021.
The images bear a striking resemblance to Slender Man….
SILVER SPRING, Md. — The number of Americans who signed contracts to buy homes declined again with the number of properties for sale not matching the surging demand in the U.S. The National Association of Realtors’ index of pending home sales fell 2.8% to 122.8, which was still a record high for the month. December's index, which was also a record high, was revised upward. Despite the recent declines, contract signings are still 13% ahead of where they were last year at this point, a sign that the housing market remains strong despite the widespread economic damage caused by the pandemic. Contract signings are considered a barometer of purchases that will take place the next one to two months as the spring buying season opens. Regionally, the West led the declines with a 7.8% drop, followed by the Northeast's 7.4% retreat. Contract signings fell 0.9% in the Midwest and were up a slight 0.1% in the South. However, pending home sales are still up significantly in all four regions compared with last year. Prospective buyers are jumping into the market to try and take advantage of historically low interest rates, but prices for both existing and new homes have risen significantly the past year with the number available close to record lows. The supply of new homes on the market could get a boost this spring. The Commerce Department reported last week that applications for building permits spiked 10.4% in January and according to the Realtors group, there have been eight straight months of increases for single-family home building permits. Matt Ott, The Associated Press
WASHINGTON — The number of Americans seeking unemployment benefits fell sharply last week in a sign that layoffs may have eased, though applications for aid remain at a historically high level. Jobless claims declined by 111,000 from the previous week to a seasonally adjusted 730,000, the Labor Department said Thursday. It is the lowest figure since late November and the sharpest one-week decline since August. Still, before the virus erupted in the United States last March, weekly applications for unemployment benefits had never topped 700,000. The latest figures coincide with a weakened job market that has made scant progress in the past three months. Hiring averaged just 29,000 a month from November through January. Though the unemployment rate was 6.3% in January, a broader measure that includes people who have given up on their job searches is closer to 10%. All told, 19 million people were receiving unemployment aid as of Feb. 6, up from 18.3 million the previous week. About three-quarters of those recipients are receiving checks from federal benefit programs, including programs that provide jobless aid beyond the 26 weeks given by most states. Last week's drop in applications was concentrated in two states, California and Ohio, where they fell by a combined 96,000. Ohio officials had said earlier this month that a surge in new applications was driven in part by a jump in potentially fraudulent claims. That now appears to have faded. California's system operates on a biweekly bases, which can make its weekly data choppy. This month's devastating winter storms and power outages in Texas and some neighbouring states might have also disrupted the filing or processing of some claims. Applications for jobless aid fell by one-sixth in Texas to about 35,000. Yet last week's decline in applications was broad-based, with 36 states and the District of Columbia reporting fewer people seeking unemployment benefits. That suggests that employers might be cutting fewer jobs. "The drop may be signalling a turning point for labour market conditions,” said Nancy Vanden Houten, lead economist at Oxford Economics. Still, she cautioned, "the data continue to suffer from noise related to issues of backlogs and fraud. We expect a more sustainable labour market recovery to take hold closer to mid-year with broader vaccine distribution and the arrival of more fiscal support." In the meantime, economists say, widespread business shutdowns in states hit by the ice storms could cause an increase in applications for jobless aid in coming weeks. Despite the weakened job market, key sectors of the economy are showing signs of picking up as vaccinations increase and government rescue aid works its way through the economy. The Federal Reserve's ultra-low-rate policy is providing important support as well. Retail sales soared last month as many Americans spent the $600 checks that were included in a relief package enacted in December. Factory output also rose and has nearly regained its pre-pandemic levels. And sales of newly-built homes soared last month. Michelle Meyer, an economist at Bank of America, on Monday upgraded her forecast for growth this year to 6.5%, which would be the fastest since 1984. Daily coronavirus infections are down more than 70% from their peak, Meyer noted, which should lead to more states and cities relaxing business restrictions. Further economic relief is also likely, she said, as Congress considers President Joe Biden's proposal for a new aid package amounting to $1.9 trillion. The Fed has pegged its short-term interest rate near zero to encourage more borrowing and spending. Chair Jerome Powell stressed in testimony to Congress this week that the Fed plans to keep its rate ultra-low until the job market has recovered – even if inflation has begun to surpass the Fed’s 2% target level by then. That soothed the stock market, which had fallen in the past week on fears that rising interest rates and the threat of inflation might lead the Fed to raise rates too quickly and potentially derail the economy. The yield on the 10-year Treasury note has risen sharply in anticipation of more robust economic growth and is now 1.45%. At the start of the year, the 10-year yield was below 1%. In his testimony this week, Powell downplayed the inflation risk and instead underscored the economy’s struggles, including the 10 million jobs that remain lost since the pandemic erupted nearly a year ago. That’s a deeper job loss than was inflicted by the Great Recession of 2008-2009. But on Wednesday, Richard Clarida, a Fed vice chair, sounded a more optimistic note in remarks to the U.S. Chamber of Commerce. Clarida pointed to the distribution of vaccines and the economic relief package that the government enacted late last year as reasons for a sunnier outlook. “The prospects for the economy in 2021 and beyond,” Clarida said, “have brightened, and the downside risk to the outlook has diminished.” Even the ice storms and widespread power outages in Texas, damaging as they were to residents and businesses there, are unlikely to inflict a major blow on the overall U.S. economy, according to Oxford Economics. Oren Klachkin, lead U.S. economist at Oxford, estimates that the harsh winter weather will slightly lower growth in the January-March quarter to a still-blistering 6.8% annual rate, down from a previous estimate of 7.1%. Christopher Rugaber, The Associated Press
NEW YORK, Feb. 25, 2021 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of investors in Infinity Q Diversified Alpha Fund (NASDAQ: IQDAX, IQDNX) resulting from allegations that Infinity Q may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Infinity Q securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law firm is preparing a class action seeking recovery of investor losses. WHAT TO DO NEXT: To join the prospective class action, go to http://www.rosenlegal.com/cases-register-2039.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email email@example.com or firstname.lastname@example.org for information on the class action. WHAT IS THIS ABOUT: On February 23, 2021, the Wall Street Journal published an article entitled “Investment Firm Halts Redemptions on $1.8 Billion Fund: Infinity Q Capital Management bans its chief investment officer from trading after discovering issues valuing the fund’s holdings”. The article reported that “[i]nvestment firm Infinity Q Capital Management LLC asked the Securities and Exchange Commission to halt redemptions on one of its mutual funds and forbid its chief investment officer from trading after discovering issues valuing the fund’s holdings.” Citing a filing by the company, the article further reported that “[t]he fund was unable to calculate an NAV on February 19, 2021, and it is uncertain when the fund will be able to calculate an NAV that would enable it to satisfy requests for redemptions of fund shares[.]” WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020 founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 email@example.com firstname.lastname@example.org email@example.com www.rosenlegal.com
During the twelve months of 2020, AB „Grigeo” group (hereinafter – the Group), consisting of AB „Grigeo”, UAB „Grigeo Packaging“, UAB „Grigeo Baltwood“, AB „Grigeo Klaipėda“, AT „Mena Pak“, UAB „Grigeo Recycling“, SIA „Grigeo Recycling” and UAB „Grigeo investicijų valdymas“, achieved the consolidate sales turnover of EUR 129.9 million. It is by EUR 10.4 million less than during the twelve months of 2019. During the reporting period, the Group earned EUR 14.9 million profit before taxes, which is by EUR 0.9 million less than in the same period in 2019. Earnings before interest, taxes, depreciation and amortization (EBITDA) of the Group, if compared with the twelve months of 2019, decreased by EUR 2.4 million and reached EUR 26.2 million. During the twelve months of 2020, AB „Grigeo” (hereinafter – the Company) sales amounted to EUR 63.6 million, which is by EUR 1.5 million less than in the same period last year. During the reporting period, the Company earned EUR 9.9 million profit before taxes. The Company's EBITDA reached EUR 14.8 million and, if compared with the same period last year, increased by EUR 3.2 million or 28 percent. The following table summarizes the numbers stated in this announcement: Indicator, EUR millionGroupCompany20202019Change20202019ChangeSales turnover129,9140,3-7,4%63,665,1-2,3%EBITDA26,228,6-8,2%14,811,627,6%Profit before taxes14,915,8-5,7%9,918,1*-45,3% *Company’s profit before taxes in year 2019 was determined by the transfer of the corrugated cardboard production business to the subsidiary UAB „Grigeo Packaging” (more detailed information is disclosed in the 2019-01-03 notice on material event). More information is provided in the interim consolidated report of AB „Grigeo” covering the twelve months of 2020 with endorsement of the responsible persons (see attachments). Gintautas Pangonis President of Grigeo AB (+370-5) 243 58 01 Attachment Grigeo 2020 12 months interim information
Lady Gaga's dog walker was hospitalized after the Wednesday night shooting
Spinner Axar Patel took five for 32 to finish with a match haul of 11 wickets.
(Bloomberg) -- Tech shares led a slump in U.S. stocks while the selloff in global bonds deepened, with the benchmark Treasury yield hitting a one-year high and debt from the U.K. to Australia coming under pressure.The Nasdaq 100 bore the brunt of losses as investors rotate away from pandemic-era winners to smaller companies poised to benefit from an end to lockdowns. Stocks popular with the day-trader crowd surged once again, with GameStop Corp. up as much as 85%. European shares were little changed.Ten-year Treasury yields added as much as nine basis points to 1.47%, the highest since last February.Across markets, investors are betting on a sunnier outlook for the global economy, with U.S. jobless claims data the latest to support that idea. But they’re also staring down the risk that accelerating inflation is just around the corner and trying to gauge what that might mean for markets.“Interest rates are rising for good reasons right now and it’s because markets and the bond market are expecting us to return to good growth,” said Chris Gaffney, president of world markets at TIAA Bank. “The problem comes in when interest rates start rising for bad reasons -- and a bad reason would be that they expect inflation to start getting out of hand.”In remarks this week, Federal Reserve Chairman Jerome Powell offered reassurance that policy would continue to be supportive and look beyond a temporary pick-up in inflation, especially from a low base.That’s given the bond market enough reason to keep driving yields higher. The 10-year U.S. yield adjusted for inflation rose to its highest level in more than seven months, a warning sign for riskier assets that have benefited from exceptionally loose financial conditions amid the pandemic.Read more: Soaring U.S. Yields Send Risk Assets Warning as Real Rates RiseElsewhere in markets, Asian bourses closed broadly higher. Bitcoin traded above $50,000.Some key events to watch this week:Finance ministers and central bankers from the Group of 20 will meet virtually Friday. U.S. Treasury Secretary Janet Yellen will be among the attendees.These are some of the main moves in markets:StocksThe S&P 500 Index fell 0.3% as of 10 a.m. New York time.The Stoxx Europe 600 Index was little changed.The MSCI Asia Pacific Index surged 1.3%.The MSCI Emerging Market Index added 1.2%.CurrenciesThe Bloomberg Dollar Spot Index fell 0.1%.The euro climbed 0.6% to $1.2241.The British pound rose 0.2% to $1.4166.The Japanese yen weakened 0.2% to 106.09 per dollar.BondsThe yield on 10-year Treasuries increased eight basis points to 1.45%.Germany’s 10-year yield jumped six basis points to -0.25%.Britain’s 10-year yield advanced six basis points to 0.79%.CommoditiesWest Texas Intermediate crude fell 0.5% to $62.93 a barrel.Gold weakened 1.2% to $1,782.84 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Canadian pension fund OMERS on Thursday reported its first annual net loss since the 2008 financial crisis, as widespread lockdowns brought on by the COVID-19 pandemic hit its investments in real estate, energy and financial services sectors. OMERS reported a negative return of 2.7% or $C3 billion in 2020. Many Canadian pension funds struggled to navigate the coronavirus pandemic last year, leading to widespread shutdowns of the economy and historic market falls.