After Bloomberg bought the magazine in late 2009, incoming president Paul Bascobert initiated discussions on enhancing the its delivery options. By December 2010, subscribers in Philadelphia were getting the magazine through a partnership with the Philadelphia Inquirer on Friday mornings. By August this year similar partnerships will be rolled out in Portland, Oregon, Chicago and in southern California from Los Angeles to San Diego. “We’re in the process of getting signed contracts as we speak,” says Bernie Schraml, director of manufacturing and distribution for Bloomberg Businessweek. “It will be a mix of newspaper companies and private delivery companies in those markets.”Partnerships in the New York metro area, New Jersey and Connecticut are expected to launch by October. In all, Schraml is expecting to have about 250,000 subscriber copies delivered by this method by the end of the year, maybe more. “We don’t have any limit at all as far as the total number of copies,” he says. “The more the better.” How It WorksSchraml identifies regions of the country where there’s a combination of problematic delivery, sufficient entry points and appropriate and available delivery partners. After an NDA is in place with the partner company, Bloomberg Businessweek provides a copy of its subscriber file for that region to the partner. The highest density areas are selected for delivery. Schraml declined to reveal pricing arrangements, citing confidential agreements, but costs vary according to subscriber density and are determined by the number of copies delivered into the area. Overall, costs are comparable to traditional delivery of subscriber copies. “I don’t have a budget to increase my costs, I can tell you that,” clarifies Schraml. In markets where the alternative delivery system will launch, customers are notified either by a letter polybagged or cover-wrapped with the issue two weeks prior. Subscribers can choose to stay with postal delivery or take the alternate Friday morning delivery. So far, Schraml says there’s been a ratio of under 1 per 1,000 customers who’ve asked to go back to the traditional delivery method. The magazine is delivered in its own polybag, soft-folded and handled separately from the newspaper. Bloomberg Businessweek has been rapidly expanding an “alternative distribution” plan to print subscribers. Since last December the magazine has been partnering with newspaper publishers and other delivery services to have the magazine hand-delivered with the Friday morning paper. Currently, 9 percent of the magazine’s 860,000 domestic print subscribers already receive the magazine this way. The publisher wants to expand into other metro regions and raise that to 30 percent by the end of the year.And that figure is just a 4Q 2011 goal. The magazine likely won’t stop there. Instead, to counteract delays caused by the Postal Service’s FSS equipment and a potential five-day delivery schedule, it will continue to explore ways to transition more print subscriber copies away from USPS delivery and into co-delivery with newspaper publishers and other private delivery services. Right now, the weekly magazine achieves about a 60 percent cumulative delivery rate between Friday and Saturday with the Postal Service. The remainder of subscriber copies arrive sometime between Monday and Wednesday-the latest arriving almost a week after the issue ships. By partnering with a major newspaper and/or a private carrier, the magazine has a guaranteed Friday delivery by 6 am.
WILMINGTON, MA — Below is a message from Book Stew host Eileen MacDougall:Hello, Book Stew viewers! It’s such a pleasure to host my first children’s book illustrator and author, Ioana Hobai.A native of Romania, Ioana grew up drawing and doodling in repressive Budapest. After coming to the US, she worked as an architect before returning to her first love, art and illustration. Ioana’s new book, “Lena’s Slippers,” is based on an incident in her own life. She’s a dream guest and I hope you’ll enjoy this episode!Watch the episode, courtesy of Wilmington Community Television, below:—Video Playerhttps://wilmington.vod.castus.tv/vod/dl.php/8/c/8/2/6/5/8c8265f4-b94f-4fc5-a21a-49ee5e3317271564418333.122+69201032.166@castus4-wilmington+15645990431564597150038576.vod.1080p.Book%20Stew.mp4Media error: Format(s) not supported or source(s) not foundmejs.download-file: https://wilmington.vod.castus.tv/vod/dl.php/8/c/8/2/6/5/8c8265f4-b94f-4fc5-a21a-49ee5e3317271564418333.122+69201032.166@castus4-wilmington+15645990431564597150038576.vod.1080p.Book%20Stew.mp4?_=100:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.— Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email email@example.com.Share this:TwitterFacebookLike this:Like Loading… RelatedNEW STEW: Meet Author Ben Berkley On September’s Book StewIn “Videos”NEW STEW: Meet Author Renee Simms On June’s Book StewIn “Community”NEW STEW: Meet Author Marcia Butler On May’s Book StewIn “Videos”
Logo of arrestThe police in special drives arrested 31 people in Dinajpur and Habiganj districts on Saturday morning.The arrestees include three activists of Bangladesh Jamaat-e-Islami from Dinajpur and six wanted accused from Habiganj, reports BSS.In Dinajpur, the law enforcement arrested 16 people from different areas and recovered 192 bottles of phensedyl during the raids, said police.During the drives, Dinajpur sadar police arrested four persons, Birampur, Biral and Bochaganj police arrested two persons each, Birganj, Phulbari and Ghoraghat police arrested one person each, and Chirirbandar police arrested three activists of Bangladesh Jamaat-e-Islami from Ranir Bandar area of the upazila around 7:00am.Several cases, including charges of subversive activities, are pending with different police stations against the arrested persons, the BSS report said.Meanwhile, members of Border Guard Bangladesh (BGB), in a drive, detained three ‘drug traders’ with 192 bottles of Phensedyl around 11:00pm on Thursday from Hili railway station in Hakimpur upazila.Later, the detainees were handed over to the Hakimpur police, BGB said.The arrested persons were sent to jail.The Habiganj police, in regular drives, arrested 12 people including six wanted accused from different areas of the district in 12-hour-long drives that ended at 9:00am on Saturday.Additional superintendent of police ASM Shamsur Rahman Bhuiyan said they were picked up from different areas of the district on different charges.Several cases, including charges of subversive activities, are pending with different police stations against the arrested persons, he said.The arrestees were sent to jail.
.Unnayan Onneshan (UO), an independent multidisciplinary think-tank, has said the proposed budget for 2018-19 fiscal year lacks measures necessary to address the macroeconomic, medium term and institutional challenges the economy is facing.”The budget speech seems to lack providing prudent and farsighted solutions to the current challenges except it earmarks ambitious targets of expenditure amidst inefficient distribution of resources and cost overrun,” it said its rapid assessment of the new proposed national budget.Inequality has widened on the back of the gap between return on capital and return on labour on the one hand and the persistent primitive accumulation in the form of looting in different sectors of the economy on the other, the think-tank said.Institutional fragility has been evident in the economy, leading different economic sectors to fail to maintain discipline, it said, adding that institutional fragility and political uncertainty are contributing to lack of confidence among investors and entrepreneurs.The UO said in the wake of parliamentary elections, investors may adopt wait-and-see policy about making investment since they are fearful about the process of the transition of power and the subsequent business environment recalling the situation after the national election back in 2014.It said incapacity to implement the budget has been a major challenge in recent years. The rate of implementation has assumed a decreasing trend since FY 2011-12. In FY 2011-12, budget implementation rate was 93 per cent which decreased to 91 per cent in FY 2012-13, 85 per cent in FY 2013-14, 82 per cent in FY 2014-15, 81 per cent in FY 2015-16 and 79 per cent in FY 2016-17.Despite the increasing trend in tax revenue over the years, the tax-GDP ratio is very low compared to global average. In FY 2015-16, Tax-GDP ratio in Bangladesh stood at 8.98 per cent, while it increased slightly to 9 percent and 10.39 per cent in FY 2016-17 and FY 2017-18 respectively.Bangladesh has a regressive tax structure where people with low income have to share relatively larger share of the tax burden due to different forms of indirect taxes. In 2018-19 budget, revenue from income tax and VAT has been estimated to be Tk 1,007.19 billion and Tk 1,105.55 billion respectively. In FY 2018-19, 34 per cent of total NBR revenue would come from taxes on income and profit whereas 53.79 per cent would come from indirect sources, including Value Added Tax and Supplementary Duty, together.The budget has set a target of collecting Tk 3,392.80 billion as revenue receipts. The target seems to fall short since a gap between revenue target and actual collection has been regular, the think-tank said.In the first nine months of the current fiscal year, the revenue collection stood at Tk 1,440 billion against a target of Tk 1,670 billion leaving a shortfall by Tk 230 billion.About the rising operating expenditure, the UO evinces that in the budget for FY 2018-19, a total of Tk 1122.66 billion has been proposed for salary and allowances and interest repayment which constitutes 24.17 per cent of the total budgetary outlay. In addition, in the proposed budget for FY 2018-19, operating expenditure grows by 21 per cent while development expenditure registers a 13 per cent growth.It mentioned that it has been regular phenomenon in Bangladesh that the mass people fear national budget. This is because budget has been the occasion of increase in price of many necessities either directly or indirectly.The measures taken in the budget 2018-19 is likely to increase price of some 19 commodities while reducing price of some 14 commodities.While national budget is directly linked to the living standard of the mass, they have little stake in the formulation of budget. Lack of fiscal accountability in Bangladesh due to limited role of the parliament in budget-making process together with constitutional and systematic rigidities results in inefficiency, poor implementation of budget and misuse of public resources, the think-tank said.It said due to persistent depreciation, the local currency has been exposed to serious pressure. In 2017, local currency has experienced a depreciation of 5 percent against US Dollar. In May 2018, the exchange rate has stood at Tk 83.70 per USD which was Tk 80.69 in August 2017. Depreciation of local currency has added to the inflationary pressure on the mass.Sluggish export growth and cut in the inflow of wage earners’ remittance along with high import payment is exerting pressure on the current account balance. Referring to the deficit in current account balance, the think tank finds that the current account balance recorded a deficit of USD 7.08 billion during July-March, 2017-18 due mainly to a significant trade deficit and lower income from services and primary income accounts compared to that of July-March, 2016-17.High inflationary pressure is increasing the cost of living, thus gradually degrading the living standard of the mass by lowering the consumption capacity of the people with limited income. Statistics suggest that twelve-month average inflation increased to 5.83 per cent in April 2018 from 5.82 per cent in March 2018.Observing institutional fragility in the banking sector due to massive irregularities followed by rise in default loans and resulting capital shortfall, the UO shows that at the end of 2017, total default loans in the banking sector stood at Tk 743.03 billion, representing 9.31 per cent of the gross loan, compared to Tk 621.72 billion in the previous year.Amid chaotic situation in the country’s financial sector and political uncertainty ahead of the national election, foreign investors are increasingly making exit from capital market, the UO said.Private sector investment has been remaining stagnant at below 23 per cent for a decade. It stood at 22.07 per cent of GDP in FY 2014-15, 21.78 per cent in FY 2015-16, 23.1 in FY 2016-17 and 23.25 per cent in FY 2017-18.Meanwhile, it is found that net Foreign Direct Investment (FDI) has slumped recently. In 2017, FDI has declined by 7.76 per cent compared to that in the previous yearThe economy of Bangladesh is missing the opportunity to capitalise its demographic dividend. While the GDP growth figure is impressive, the poor rate of quality job creation is characterising it as jobless growth. The economy is presenting disconcerting job scenario with a huge number of people remaining out of work.Referring to the state of jobless growth, the research organisation notes that unemployed population increased to 2.68 million in FY 2016-17 while 1.46 million remained underemployed. In addition, the number of people not in education, employment or training rose to 48.28 million in FY 2016-17, representing 44.25 per cent of the people who are able and ready to work, from 46.6 million in FY 2015-16.If not dealt with effectively, income inequality together with inequality in access to health and social security, multidimensional poverty, and joblessness particularly among the youth may undermine the development already achieved by the county, comments the UO.Calling for prudent and farsighted fiscal management, the research organisation states that proposed actions are inadequate to bring fiscal discipline in the management of revenue, deficit and debt one the one hand and to establish an inclusive society in the absence of distributive reforms in the tax system on the other.
Logo of BNPBNP will start interviewing its nomination hopefuls from Sunday to finalise the candidates who will contest the 11th parliamentary elections with its tickets, reports UNB.The party nomination board, comprising BNP standing committee members, will take the interview at BNP chairperson’s Gulshan office, said BNP senior joint secretary general Ruhul Kabir Rizvi.He said the interview will start with those who bought party nomination forms for Rangpur division’s Panchagar-1 constituency.Besides, the interview of the nomination seekers of Rajshahi division will also be taken the same day.He urged the presidents and secretaries of the city, district and upazila units under the respective divisions to be present during the interview.BNP sold 4,112 nomination papers over the last four days among the aspirants who want to contest the 11th parliamentary elections with its tickets. The nomination sale will end tonight (Friday night).Of the total, 1,326 forms were sold on the first day on Monday while 1,896 on Tuesday, 488 on Wednesday and 402 as of 4:00pm on Thursday.On Monday morning, the party formally started the nomination paper sale with the purchase of three nomination papers for its jailed chairperson Khaleda Zia.Chief Election Commissioner (CEC) KM Nurul Huda on Monday announced a fresh reschedule for the 11th parliamentary elections saying the polls will be held on 30 December instead of 23 December.The last date for submission of nomination papers is 28 November instead of 19 November, he added.
Snow and ice covers Soldier Field and the skyline as temperatures during the past two days have dipped to lows around -20 degrees on 31 January, 2019 in Chicago, Illinois. Photo: AFPBrutally cold temperatures gripped the US Midwest on Thursday, freezing water mains, causing power outages, canceling flights and straining natural gas supplies.Tens of millions of Americans shivered for a second day as the mercury dipped to record lows in several states.More than a dozen deaths have been attributed to the sub-zero weather and a weekend snowstorm that blanketed the same region. Many of the cold-related fatalities were in Michigan, where the governor said the death toll was still being confirmed.Schools and businesses remained closed in several midwestern states, people were encouraged to stay home, and travelers were stranded by grounded flights and halted trains.In Michigan and Minnesota, natural gas supplies were under threat. Authorities asked residents to reduce heat consumption wherever possible and decreased heating in government buildings.Water mains froze in Detroit, Chicago and parts of Canada, and power outages were reported in Iowa and Wisconsin.Nearly 1,700 flights had been canceled in Chicago by Thursday afternoon. Airport crews worked in 15-minute increments on the tarmac to avoid frostbite.Rail service Amtrak planned to begin partially restoring service after canceling all lines Wednesday in and out of Chicago.The deadly, sub-zero temperatures were expected to lift Friday, but the misery would not end quickly in the roughly dozen states most affected.”We are not done yet. We’ve got another 24 hours where the weather will be at dangerous levels,” Michigan Governor Gretchen Whitmer told a news conference.The National Weather Service (NWS) said temperatures would slowly moderate, but the agency forecast wind chills Thursday would remain between -20 to -50 degrees Fahrenheit (-29 to -46 Celsius) over parts of the Upper Midwest.The cold has frozen sections of Niagara Falls and sent blocks of ice floating down the river winding through downtown Chicago.- More snow to come -People walk through the freezing cold in the Brooklyn borough of New York on 31 January, 2019. Photo: AFPThe Arctic air mass that descended from its usual northern rotation on Wednesday caused the second coldest day ever recorded in the Windy City, where residents reported hearing “frost quakes.”Local television station WGN said booms heard by residents were likely from the frozen, water-saturated ground cracking under their feet.The NWS said a low temperature of -21F (-29C) was recorded in Chicago on Thursday morning. The record low of -27F (-33C) was on 20 January, 1985.It said a historic low temperature for Illinois of -38F (-39C) had been reported in the town of Mt Carroll and was being reviewed before being declared a state record.Record low temperatures were also reported in some towns in Iowa and Wisconsin.Officials in multiple states warned that the extreme weather should be taken seriously, with the risk of hypothermia and frostbite setting in within minutes of exposure.There were also concerns over another round of snow late Thursday, after a weekend snowstorm inundated the areas now frozen by Arctic cold.”We’ve gone from snow to freezing temperatures, wind chill,” Chicago Mayor Rahm Emanuel said at a news conference. “With more snow on the way, we’re not out of the woods yet.”Hundreds of warming centers were opened for vulnerable residents such as seniors, and shelter capacities increased for the homeless.Among the dead was an 18-year-old University of Iowa student.He was found unresponsive behind a campus building Wednesday morning, when wind chill temperatures in Iowa City were -51F (-46C), according to local TV station KCCI.- Calls for conservation -While officials warned residents to remain on guard as long as the sub-zero weather persisted, authorities in Michigan and Minnesota were also asking them to turn down their thermostats to conserve natural gas.Supplies were strained due to high demand from home heaters and from a fire at a natural gas compressor station in Michigan, officials said.”This is not over until noon tomorrow. And we are asking people to continue to keep the thermostat down,” Michigan Governor Whitmer said.General Motors and Fiat Chrysler suspended or curtailed operations at more than a dozen facilities in Michigan to conserve natural gas, the companies said.City crews braved sub-zero weather to repair a number of frozen water main breaks that plagued Motor City neighborhoods.Chicago reported 22 broken water mains, 16 of which had already been repaired.America’s northern neighbor Canada was also contending with extreme cold, with frozen water pipes, snarled travel on a major waterway, and temperatures as low as -40F (-40C) on Wednesday.
Gilberto Hinojosa, the chair of the Texas Democratic Party, warned party members during his speech Friday night that even though the family separation policy has been halted, the issue is not over.Hinojosa says detaining families at the border indefinitely – even if they are together – is still a problem.“Thousands of children have been split from their families,” he said. “Now a family separation crisis will be a family detention crisis. History will judge them.”But he told attendants history is watching them, too, and it’s up to the party to do something.“Our children and our grandchildren will judge all of us,” he says. “What did Texas do when children were being ripped away from their families at our border? What did Texas Democrats do to fight back?”But party members don’t have a unified answer on what they should do to fight back – or what their alternative plan for immigration should look like. The party’s platform has a fairly long list of priorities on immigration – like passage of the DREAM Act, shutting down detention centers and denouncing xenophobia.“We are a country of immigrants,” said Jesus Trinidad, a delegate from Seguin. “So, I believe that we should welcome immigrants as opposed to putting them in jail.”Trinidad says he’s been watching what was happening at the border in recent weeks. He says he has a lot of sympathy for immigrants fleeing violence in their countries, but he didn’t have any concrete policies in mind.“That’s a tough question,” says Sana Shahid, a delegate from Houston.Shahid says tackling immigration policy is complicated. For example, on the issue of prosecuting people who enter the U.S. without documentation, she has two views on this.“They should be given due process,” she says. “Because, yes, they are coming to our borders and they are seeking asylum. But even if they cross in, that’s a civil offense. We shouldn’t be prosecuting them criminally. The punishment doesn’t match the crime.”Many Democrats say they are concerned that immigrants are being criminally prosecuted, while also frustrated with how badly staffed those courts are.Eve Fox, a delegate from the Fort Worth area, said she thinks diplomacy is the answer.“Our governments need to be spending resources to work with these other countries’ governments,” Fox says. “We need to have a stronger relationship with Mexico, not try to push them away and create animosities.”Fox also says the government should focus on prosecuting people who employ undocumented workers, instead of only prosecuting workers.And even though there’s not a singular vision for an immigration plan, Democratic leaders say they should be leading on this issue.“As the Democratic party, we are called upon to reaffirm our best American values,” said state Sen. Jose Rodriguez of El Paso. “It is time to recommit ourselves to this ideal that all immigrants are welcome and should not be treated like criminals regardless of how they got here.” JULIA REIHS/Via KUTDelegates cheer during the Texas Democratic Convention in Fort Worth on Friday.Immigration took center stage at the Texas Democratic Party convention in Fort Worth last weekend. Delegates from across the state are concerned about the Trump administration policy that was separating families at the border until it was reversed last week.But the party didn’t exactly present a concrete platform to reform immigration or oppose the Trump administration’s hardline policies ahead of the November elections. Share
By George Kevin Jordan, AFRO Staff WriterThe District of Columbia Office of Cable Television, Film, Music and Entertainment (OCTFME) named Industrial Bank its December 2018 Location of the Month.“We’re very excited,” said Melanee Woodard, Assistant Vice President of Industrial Bank. “We just finished our first major renovation on the building. That’s our flagship bank.”The D.C. Office of Cable Television, Film, Music and Entertainment (OCTFME) named Industrial Bank its December 2018 Location of the Month.In 2016 the bank went through its first major renovation at the U Street branch. Adding to the aesthetics of the building was a cafe style look, with a seating area for customers.“Now you can come in, sit down, have a complimentary coffee, talk with our team and experience all that comes with our service.”The historic look and feel of the U Street location with a 1930s era vault and bank clock made the building an idealistic choice for filming, according the OCTFME’s press release.Industrial Bank opened in 1934 by Jesse H. Mitchell, a Howard University Law School graduate. The bank was started to provide a need for people in the community.“Our bank was started in the Great Depression,” Woodard said. “At that time they would take our deposits but they wouldn’t provide loans so you didn’t have access to the American Dream of home ownership so they started the bank for that reason.”Since that time Industrial Bank has been a beacon of light for communities seeking financial literacy and information. Some of the recent services include a financial training with the D.C. Department of Corrections, and many new homeownership seminars.Giving back to the community has alway been important to Industrial Bank.“We are CDFI certified and with that certification we invest 60% of our assets back into the community,” Woodard said.Community Development Financial Institution Certification (CDFI) is a designation for institutions that service vulnerable communities and people who don’t have access to financing, according to the CDFI Fund.Next year Industrial Bank will be celebrating 85 years, according to Woodard, but the mission of service stays the same.“We are down to like 19 Black banks in the country,” Woodard said, adding that along with the customer service Industrial Bank still offers the same products and services that all banks provide. “Through it all we’ve been here. Through the depression, through the riots, the building of the subway system. A lot of businesses had to close down during those periods.“So here we are 85 years later still servicing that mission.”The “Location of The Month” Initiative is part of OCTFME’s mission to promote D.C. locales as media production location and bring wider attention to the potential cinematic location for film and television productions.For more intomation about Industrical Bank please go to www.industrial-bank.com and to find out more about OCTFME’s Location program go to the DC-REEL Scout Directory.
Kolkata: Former CPI(M) MP Jyotirmoyee Sikdar joined Trinamool Congress on Thursday. Sikdar, an athlete and Rajiv Gandhi Khel Ratna awardee in 1998-99, was elected from the Krishnanagar Lok Sabha seat in 2004. She was defeated by Trinamool Congress candidate Tapas Paul in 2009.Sikdar was a close aide of former Sports minister Subhas Chakraborty. She had taken part in CPI(M)’s campaign in the 2016 Assembly election. After joining Trinamool Congress along with 200 CPI(M) supporters, the former MP said she was attracted by the all-round development carried out in Bengal by Chief Minister Mamata Banerjee.
On-demand games specialist TransGaming has struck a partnership with Liberty Global to bring TV games to the cable operator’s Horizon advanced TV platform. TransGaming’s GameTree TV games will now be available throughout most of Europe, including: The Netherlands, Germany, Switzerland, Ireland, Poland and Hungary, with further expansion planned as Horizon continues to be deployed across Liberty Global’s network.“The addition of Liberty Global is a pivotal next step towards expanding GameTree TV’s services to a larger international audience. The extension of GameTree TV from Smart TVs to Liberty Global’s Horizon set-top boxes clearly demonstrates the industry momentum we are gaining,” said Dennis Ensing, COO and interim CEO at TransGaming.
European cable operator Liberty Global has established a new business unit to pursue big data opportunities and new advertising models following a review conducted by the company over the last five months. This new unit will explore and define ways in which Liberty Global can leverage its investment in advanced networks to generate ad and data related value.John Paul has been named as managing director of the business unit from today. Paul has held a number of emerging product roles in both broadcast and cable. He worked in Australia on the launch of Austar and its triple-play products, and helped the company explore investment opportunities in Asia, and also served as CTO of broadcaster SBS Australia, COO of Australia Network, Founder and Managing Partner of Trident Media Partners and served on the boards of SANZAR (South Africa, New Zealand and Australia Rugby) and Freeview Australia.In his new role, Paul will be charged with developing new revenue models and value associated with advanced advertising and data. He will report to Liberty Global president and CEO Mike Fries and CTO Balan Nair.