New York (CNN Business) United Airlines gave a $10 million deposit to a startup developing electric aircraft — all for the goal of shuttling customers to and from the airport by air rather than gridlocked roadways. It's not clear when or if the plan will come to fruition, as Archer, the company developing the electric air taxis, is still in the development phase. However, the company said Wednesday that's it's finishing the design of its production model. Archer estimates the first of its four-seater helicopters could be in operation by 2024. California-based Archer, which was founded in 2018, has raised nearly a billion dollars, according to analytics company Crunchbase . It refers to its aircraft as an eVTOL, or "electric vertical takeoff and landing" configuration. The company states they'll be able to travel up to 60 miles at up to 150 miles per hour. The aircraft is expected to lift off much like a helicopter, and it'll rotate its propellers from providing vertical to … [Read more...] about United Airlines puts $10 million behind plan to shuttle customers by electric aircraft
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Deepak Talwar —Contributed photo Is it possible to take a slow-growth industry ravaged by natural disasters, urbanization and COVID-19 and transform it into a profitable, growing sector that creates value for business owners and customers alike? Such is the challenge facing the Philippine agricultural community. According to market research firm Statista, about a quarter of employed Filipinos work in agriculture, a sector which in 2020 contributed a significant 10.2 percent of the country’s gross domestic product. Given its importance to so many lives, as well as the economy as a whole, it is crucial to act now to ensure the sector’s long-term viability. The answer lies in placing smart investments in 5G and complementary technologies, alongside innovation and collaboration with communications service providers. Smart farming As typical in many emerging economies, agriculture in the Philippines remains overly dependent on manual labor, conventional tools and outdated … [Read more...] about Smart farming as a service 5G in PH agriculture: a transformation in waiting
ILLUSTRATIONBY RUTH MACAPAGAL There are fundamental concepts in marketing that remain relevant despite technology and changing consumer behaviors. This is important since what we know strongly influences what we do. Marketers (and entrepreneurs) need not wait for the consequences of a wrong action to influence new knowledge. Here is a list of five concepts marketers should look into to check if they have the right understanding of the business of marketing. 1. Needs and wants of the customers have to be identified First, most customers don’t even know what they actually need or want. They may know what they dislike but when it comes to new product design, it is still the domain of a company’s technical group, usually influenced by the company’s visionaries. For example, would the idea of an electronic blood pressure monitor come from hypertensive patients? Unlikely. The most they can do during the dominance of the manual blood pressure monitor era is to cite the pain points … [Read more...] about 5 marketing concepts that need to be reexamined
Share to Twitter Share to Linkedin Topline A number of irritated Robinhood clients have traveled to the company’s California headquarters in recent weeks to personally voice their frustrations over the company’s decision to suspend or restrict trading on certain stocks last month, with a number of tense encounters including protests, vandalization, and even – in one case — the throwing of animal feces, according to police reports obtained by CNBC. Key Facts At least 10 police reports obtained by CNBC , dating from January 28 to February 9, detail a variety of alleged transgressions at the company’s facility in Menlo Park following their limitations on the trading of several popular but volatile stocks. At one point, as many as 15 people joined a protest outside of the office, a Menlo Park police spokesperson told CNBC . According to the reports, one man hurled animal feces at the front door and another sawed into a sculpture on the … [Read more...] about Report: Outraged Traders Have Been Besieging Robinhood’s Corporate Headquarters
Since the Forex market is dynamic and constantly evolving, liquidity providers are essential to its smooth operations. LPs give buyers and sellers quotations, which enables market participants to convert currencies with the least amount of hassle. Large banks or other financial organizations that offer the capital required to keep the market running are often liquidity providers in the Forex market. To keep the market liquid, these institutions frequently trade on their own account and quote both buying and selling prices for currencies. LPs are crucial in maintaining market stability since they are frequently the first to respond to changes in currency rates. The forex market is too big and intricate to be governed by one organization. Numerous LPs from all around the world offer quotations and execute trades on their own behalf. There is no centralized authority as a result, and prices remain steady. Because the FX market is open twenty-four hours a day, seven days a … [Read more...] about How Central Banks’ Intervention Can Stabilize the Forex Market?
Share to Twitter Share to Linkedin Dave Wendland, vp strategic relations at HRG , is passionate about the retail industry and optimizing results across the retail supply chain. I began talking about the concept of unboxed retail about five years ago. You may be scratching your head wondering what I mean by “unboxed retail.” The fact of the matter is that shopper behaviors have changed dramatically from their reliance on brick-and-mortar storefronts. Today’s shoppers are interacting with retailers on their phones, through social media, websites and countless other modes. This “unboxed” reality no longer requires traditional retail footprints. This has also created a dilemma for many retail formats anchored on street corners across America. How can they untether their shoppers from legacy shopping and manage the associated logistics of inventory management, fulfillment, returns and customer service? The pandemic certainly put a spotlight on the … [Read more...] about 5 Keys To Success In An Omnichoice And Unboxed Retail World
Crypto Exchange and a Cryptocurrency: A type of digital currency known as “cryptocurrency” is a type of virtual currency that is used for safe online transactions, such as payments. Cryptocurrency exchanges are online marketplaces where you may buy and sell digital currencies. There are entire industries devoted to making it easier for people to use and exchange cryptocurrencies, with Bitcoin being the most well-known. Bitcoin is presently valued at $29K as of May 2022. A buyer and a seller of cryptocurrency exchanges are involved in a crypto exchange in the same way they would in any other financial transaction. All transactions take into account current market rates for the currencies involved. You can swap similar or varied currencies depending on your preferences. Coins and tokens can be stored in crypto wallets, which offer security and convenience of usage. Bitcoin exchanges that are the best “Finest” can be interpreted in many ways, but for this article, I’ll … [Read more...] about What is Crypto Exchange and a Cryptocurrency?
INFLATION CRUSH CONTINUES… CNBC: Wholesale inflation rose 11% in April as producer prices keep accelerating Prices at the wholesale level accelerated further in April, part of a broader inflation problem persisting through the U.S. economy, the Bureau of Labor Statistics reported Thursday. The producer price index, which tracks how much manufacturers get for products at their initial sale, rose 0.5% on the month and 11% from a year ago, a decrease from the record 11.5% in March. Excluding food, energy and trade services, core PPI rose 0.6% in April and 6.9% from a year ago, the latter a decline from 7.1% last month. AFTER SEVERAL FIRE BOMBINGS OF PRO-LIFE GROUPS & THE AT-HOME INTIMIDATION OF SUPREME COURT JUSTICES, AG GARLAND FINALLY ISSUES A STATEMENT… CNBC: AG Garland directs U.S. Marshals to help ‘ensure the Justices’ safety’ after leaked Supreme Court abortion draft The head of the Department of Justice on Wednesday directed the U.S. Marshals Service to … [Read more...] about Editor Daily Rundown: Inflation Crush Continues
Share to Twitter Share to Linkedin In the category of menswear, aesthetic comes with his understanding of personal taste. Elevating anyone's style can be attributed to a signature accessory, like a wardrobe stable or a well-frequented restaurant - which he recommends, serving him more utility. One accessory that is distinct on its own is the cocktail. Foremost, to drink responsibly is most attractive - a personal cocktail choice can become your signature and give a cache to his expressive style. Men of fashion, including stylists, designers, influencers, and tastemakers, are settling into the casual cocktail culture. These men are finding inspiration in creating cocktails with personalized flare. Home aesthetics and mindful activities have been raved about since the pandemic, shifting living habits for many. More so, men are showing off their style and distinguished habits. Earlier this summer, celebrity fashion designer LaQuan Smith created ‘the’ summer … [Read more...] about Men Of Fashion Are Claiming Cocktails As The New Menswear Accessory
Press Release ICS Creates a Significant Phenomenon on the Thon Buri Area, Collaborating with Famous Brand Partners – Lotus, Hilton Garden Inn and Innovative Health and Lifestyle Center – to Empower the Potential of Prime Location Connecting ICONSIAM to be an Impeccable City. New mixed-use lifestyle town, inclusive of retail, office tower and hotel Reinforcing the No. 1 prime location of the Thon Buri side with transportation networks of roads, rails, and boats Introducing more than 200 famous brands, ready to expand the customer base to cover all target groups Set to open by the end of 2022 Bangkok (10 August 2022) – ICS, a new mixed-use lifestyle town of the Thon Buri area under a joint venture between a retail operator and a property developer “Siam Piwat, Magnolia and CP,” creates a significant phenomenon in the Thon Buri area with a concept of “Always A Good Day”. It collaborates with famous brand partners: Lotus’s with a new concept of … [Read more...] about ICS creates a significant phenomenon on the Thon Buri area, collaborating with famous brand partners