Buzz on Pringles Recall – Potential Threat in Health

There is another recall alert spreading on the news today as the FDA advised Proctor & Gamble to recall their latest Pringles being manufactured and distributed to stores.  There is a potential threat to the consumer’s health and the threat may be a big issue.

Salmonella was found in one of the machines that manufacture Pringles and this obviously would get transferred to the packed food as well.  There are many precautionary measures in manufacturing items.  Manufacturers must take note of these mistakes experienced by the big companies such as Toyota and Pringles as Recalls of their product would cause a lot of money, a definite downward plunge in the sales and a broken trust from the consumers.

It is very important that companies nowadays would take every measure and do whatever it takes to ensure their quality controls are being followed.  Stay updated to more news on this issue by subscribing to us.

Macys Coupons and One Day Sale on November 17

Macys Coupons and One Day Sale on November 17 – Macys, one of the largest retailers in the US headquartered in Cincinnati, Ohio and New York, New York will be having its one-day sale today, November 17, 2010. When you visit Macys.com now, there will be an ad that says: “Lowest Prices of the Season. Biggest One Day Sale.” Accordingly, Macys will be having one of their biggest sales of the year where customers can shop tens of thousands of spectacular deals plus everyday values.

In this one day sale by Macys, you can save an extra on clearance sales when you shop online. The list of items available in clearance sale can be viewed here. The Macys one day sale covers a lot of items that includes different categories such as men, women, for the home, juniors, jewelry, bed & bath, kids, shoes, kitchen, handbags, holiday lane and furniture.

There’s also a lot of deals where you can save a lot of pennies. There’s a 14K White Gold Diamond Stud Earrings for just $299 from the regular price of $700 and Tag Coronado luggage set for just $79.99 from the regular price of $300. You can also save 50% on select bras, panties and shapewear for women’s clothes, save 30-50% off plus an extra 20% off sales price on fine jewelries, and many more.

To add a little bit of savings, Macys is currently using various coupon codes depending on categories of items on sale. For Kids, they can use the coupon code KITTY to enjoy Free Shipping with $40 Hello Kitty Purchase which will expire on November 21, 2010. For jewelries and watches, they can use the Macys coupon code BULOVA for a free shipping with Select Bulova Watch Purchase and the coupon code FOSSIL for free shipping with $75 Fossil Purchase with expiry dates of December 1 and November 23, 2010, respectively.

For Mens’ clothes, they can use the Macys coupon code BASIC to avail free shipping with $75 Polo Underwear & Accessories which will expire on November 23, 2010. For Home products, they can use the Macys coupon code MATTRESSES for free Shipping with a $799 mattress purchase which will expire on January 1, 2011 and the coupon code PADDED to enjoy a free shipping with $399 area rug purchase which will expire on November 18, 2010. Enjoy shopping at Macys using these coupon codes. Don’t forget their respective expiry dates.

Private firms concerned about tax regime

About 66% of UK firms believe that the current UK tax regime fails to support and encourage enterprise.

According to PricewaterhouseCoopers’ Enterprising UK 2009 survey, just a fifth of private companies believe the government genuinely takes the concerns of the business sector into account.

The most common concern was over the simplicity and stability of the UK’s tax system, with 25 per cent of executives calling for a reduction in uncertainty and the rate of change.

This figure was up from eight per cent of respondents in 2006 and 17 per cent in 2007.

Mary Monfries, head of UK private business at PricewaterhouseCoopers, said firms are calling for a stable, certain tax environment in which to conduct their business successfully.

She added: “Reducing tax rates would be a challenge in the current economic climate, but a reduction in the rate of change and uncertainty should be easier to deliver.

“Private businesses are not looking for a crutch from government – an overwhelming majority are taking active steps to help themselves in managing through the recession. However, they do want a more effective voice.”

Last week, Deloitte reported that many firms are set to overhaul their balance sheet practises in light of the recession.

Air New Zealand offers couples beds in economy class

This is another breakthrough from Air New Zealand. They have unveiled what it calls the first major improvement in economy class travel comfort in 20 years – beds. The beds are formed by foot-rests rising to the level of three adjacent seats. A blanket and loose normal-sized pillows complete the arrangement.

Passengers would need to buy the three seats together. The passengers would also need to be ready to sleep together in small families or couples.

The airline’s “Skycouch” follows a wildly successful safety campaign by the company in May 2009, which featured well-formed cabin staff wearing nothing but body paint.

Developed in-house by Air New Zealand (ANZ) designers and engineers, about a quarter of all long-haul economy seats will convert to Skycouches.

They will take up the first 11 rows in the economy cabin of the airline’s new Boeing 777-300 planes

So if you want to travel in the sky while sleeping with your love ones and “friends”, they you should board Air New Zealand now.

Feel the Freedom of Debt Rescue

Image by eyewashdesign A. Golden
Image by eyewashdesign A. Golden

Heavy with debt

In my experience, getting into debt is a bit like becoming overweight. Both conditions don’t happen overnight – they tend to creep up gradually while your back is proverbially turned. The other characteristic these afflictions (and I don’t choose that word lightly) have in common is that it’s much easier to get into them, than to escape. Just like weight loss, getting out of debt is difficult to manage on your own. Thankfully, there are experts who can help. Just like Slimming World and Weight Watchers which help count the calories and develop meal plans, professional debt solution teams can help quantify debt and put together manageable repayment agreements.

‘D’ stands for ‘denial’

I didn’t consider myself to be someone vulnerable to debt. As a kid, I was pretty careful with my money and thought I really understood its value. But when I left college with student debt I realised that this was a common situation to be in. I was far from alone with my new found ‘debtor’ status, and began to get more comfortable with the idea of owing money. My problem was that I got far too comfortable.

I was one of the lucky ones who got a job straight out of school, but like most first jobs, it wasn’t going to make my fortune. With my student debt pushed firmly to the back of my mind, I guess I got a taste for spending. And with credit far too freely available, boy could I spend! Before I knew where I was, I had credit card debts and a couple of sizeable personal loans to keep my student costs company. But again, my case wasn’t unusual, and I thought I could handle it.

Ignorance isn’t really bliss
As the debts accrued and my financial health declined, I did the worst thing possible – I ignored the entire problem. I kept on acting rich, when my paycheck told a very different tale. I thought that as long as I made my minimum payments, everything would be okay.

By this stage, my family were worried – having seen the obvious disconnect between my meagre salary and my upscale purchases – but I ignored their pleas for me to address the situation. Avoidance became my watchword.

The day of reckoning
The crunch came when I lost my job. Like many people in the early days of the recession, I didn’t see it coming. I never thought it would happen, and I certainly hadn’t factored this possibility into my lack of planning for the ever accumulating debt. I panicked. I lurched from anger at the injustice of the situation to fear of how I would manage. But most of all I wanted to escape – I needed debt rescue!
As I sat in my apartment and analysed the scale of the challenge I faced, I knew that I couldn’t do it on my own. I knew that I had to change how I lived my life and managed my money, but I just didn’t know where to start. Surely, someone out there had trod this path before and could show me a few short cuts? Thankfully, a former colleague recommended a professional debt solution team.

Bring in the experts
Asking for help from the debt solution team was the strongest decision I ever took – this was the first time that I actually owned the problem. As experts in consumer Debt Rescue, they offered me a range of services to help get my finances back in order. Thankfully, I had got another job by this stage, but it paid even less than my previous position, so I took the difficult decision to move back to my parents home. I was lucky to have this safety net – with over a third of us only one paycheck away from homelessness, I don’t underestimate the difference my parents’ generous offer made.

The condition of my return to the parental nest was that I took control of the debt. The debt solution team carried out a comprehensive credit card analysis for me as well as my other spiralling financial obligations. They knew that for me, the best course of action was to purge the plastic altogether and so offered me credit card rescue.

Debt consolidation allowed me to combine all the debts into one, and then work out the a realistic and achievable repayment schedule. Putting together a plan showed me that the problem, while large, was not insurmountable, and gave me an end point at which I could see I would be entirely debt free.

Released by Debt Rescue
I’m now close to the end of my debt story. I’ve worked through the process set up for me by the debt solution team and am close to being debt free. Although I am thankful for the safety net my parents provided, I am about to move into a new apartment, which we are all delighted about!

Debt rescue is achievable, with the right help. Take action today! Do it because it will allow you to really live again – but this time within the bounds of financial reality.

Author bio: Israel Brown enjoys economics and history, and combining these passions, yearns for a time when global financial systems were more transparent. He enjoys writing about the past, and is glad to consign his Debtrescue experience to history. He looks forward to a debt free future, underwritten by a modest investment in gold.

 

Commercial Property Investments Returning To Profitability

The commercial property market is returning to a more profitable state for investors, thanks to the rise of investment products like REITs which allow for a more diverse exposure to the commercial real estate market.

According to reports in Bloomberg, real estate prices across domestic and commercial properties are recovering, as banks and building societies report more lending activity for real estate investments. The news will be welcomed by those with property investments, and those with capital already tied up in commercial premises.

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Commercial property was one of the first areas of real estate to be affected by the crash, and lawyers, bankers, surveyors and agents all went bust as a direct consequence of this depression of the commercial property market. With banks unable and unwilling to lend money to even perfectly viable businesses, expansion into new premises became the exception rather than the rule. Those that were exposed to commercial property lost heavily as values fell and demand in the marketplace collapsed.

Fast-forward to today and commercial property is very much on the rebound, with business levels picking up, back towards pre-crash levels and with new developments from firms like DMB. Buyers are returning, and sellers are again able to realize a fair value for their real estate, both in rental and buying markets. The market is still on the road to recovery more generally, but conditions appear to be stabilizing to the benefit of those invested in these markets and for the benefit of future generations hoping to make it onto the housing ladder.

With uncertainty ruling over commercial property markets over the last five years, it is perhaps unsurprising that investors have turned to alternative means of exposure to property investments. Rather than buying homes, shops and offices, a growing body of investors are seeing value in investing in ancillary products like Real Estate Investment Trusts (REITs) and Exchange Traded Funds (ETFs) in commercial property.

These types of funds allow individual investors to spread risk across a more diverse bundle of individual real estate investments. Rather than owning one or two properties personally, investing the same money in REITs or ETFs brings the benefit of professional investment and real estate management, along with the investment diversity that makes returns that bit more secure.

Those that choose to invest in real estate through a fund can do so either on exchange or privately, depending on the fund they think best meets their investment objectives. However, in some cases returns are suppressed by the cost of management fees and the general weighting of less effective investments.

There are arguments both ways for investors who are interested in taking exposure to the real estate market. However, the main thing for individuals and companies engaged in real estate dealings is that investments are becoming more profitable as the market regains lost strength.

While the commercial real estate and domestic property markets remain far from buoyant, analysts are hoping that growing opportunity for investors could spell the start of a reversal of fortunes that can contribute extensively to the wider global economic recovery.

Foreign Student Workers Protest Outside Hershey Plant


On Thursday afternoon, foreign student workers flooded the commercial district of Hershey, Pennsylvania—home of the Hershey Story museum and Hersheypark. The foreign students are in the United States legally through the federal J-1 visa, a summer work program that enables students from foreign universities to come to the United States to work. The idea behind the program is to allow students from around the world to experience life in the United States and to learn more about its culture.

The students who worked in a Hershey Co. packaging and distribution warehouse in Palmyra, however, claim that the wages—around $8.35 an hour, most of which ended up paying off their housing costs—were not enough to repay the $3,000 the students shelled out to participate in the program. Many feel that they were exploited.

The J-1 visa was first administered by the U.S. Information Agency to foster better relations between the United States and other countries. Since its purpose was to offer cultural information to students, the program did not fall under the Immigration and Naturalization Service.

Many of the students weren’t informed that they were going to work in a warehouse setting in Pennsylvania, and only found out after they had already arrived in the country. One student said that he had to pay for his trip from Florida—where he was told he had a job waiting for him only to be informed otherwise—to Pennsylvania.

A spokesperson for the Hershey Co. says that the plant is not managed by them, but by a division of German company Deutsche Post DHLA called Exel Logistics. Exel then turned to SHS Onsite Solutions, in Lemoyne, for staffing arrangements. An SHS Onsite spokesperson claimed that they connected with the Council for Educational Travel USA, in California, which recruited at least 370 of the students, and acts as their host. The company is listed as a J-1 sponsor by the U.S. State Department.

The two-day picket rally was organized by the New York-based Guestworker Alliance and even posted videos online containing interviews with the student workers. The students say they just want their money back and for the company to give the jobs to locals who are unemployed. Some of the locals, in turn, have treated them fairly, hoping to give the guests a positive view of American culture. Some commenters in online forums believe that too many American companies are implementing such questionable practices, rather than employing the citizens who live within proximity of these warehouses.

The U.S. State Department stated that it plans to send two senior officials to evaluate the situation.

Business Customer Satisfaction with Groupon Only 50%

Groupons are everywhere. Food, travel, cosmetics, recreation and other establishments are running Groupon deals left and right.

So are these establishments getting their money’s worth, meeting their expectations and growing their businesses through these deals?

No information is available regarding repeat business customers so a small survey has been conducted to pulse the small business participants that have actually tried using it once. It appears their motivation to join was driven by curiosity. If that’s the case, Groupon’s market growth can not be sustained with it.

There are 16 confirmed responses from business owners who have offered Groupon deals. Although the number is not a broad sample size, it still offers an insight of how these small companies view the program.

The results in broad strokes:

  • Although 60% of the respondents said their trials were successful, more than half do not want to run another deal again.
  • 40% reported failure
  • Groupon is not necessarily a better strategy compared to its competitors
  • Most respondents said “only a handful” became repeat customers
  • About half of those surveyed would not recommend Groupon to another small business.

2,000 Job Cuts at RIM

Research In Motion, the Canadian company known for its Blacberry devices, has slashed 11 percent of it workforce translating to 2000 job cuts.

Once the dominant leader in its market, RIM is now left with cost-cutting measures as Apple and Android continue to increase their hold on the mobile market.

But there are doubts about whether cost-cutting alone is enough to see through RIM’s decreased financial performance.

According to Charter Equity Research analyst, Ed Snyder, “The problem is you can’t cut your way into growth or market leadership, and while I’m sure there was fat at RIM, the core problem sits squarely with management.”

Changes on the executive level were also announced. As COO Don Morrison is retiring, the remaining to would assume the additional responsibilites.

“Cost-cutting is unlikely to change the competitive position for the company or accelerate RIM’s revenue growth,” analyst Colin Gillis said.

However, analysts still recognize that cost-cutting is still a necessary step to help the company face its new challenges.

China’s Zhu Min Seen to Replace Dominique Strauss-Kahn at IMF

Dominique Strauss-Kahn’s arrest over an alleged sexual assault on a maid at Sofitel Hotel in Manhattan has stakeholders people asking of who will take over his vacated position at the International Monetary Fund (IMF).

Strauss-Khan was arrested for allegedly forcing a housekeeper at the said hotel to perform sex with him.  The wealthy French politician was arrested and sent to the notorious Rikers Island jail complex.  He however denied any truth to the said allegations.

The allegation coincided with the release of the result of a survey in France that highly favors Strauss-Khan against current French President Nicolas Sarkozy to the voting public.

The name that is picking up steam seen to replace the beleaguered former IMF chief is Zhu Min from China.

Zhu Min is the special adviser of Strauss-Khan.  He worked at the IMF in May 2010 after taking an executive position at the central bank of China.  He has also worked at the World Bank

In a report, another Chinese banker naming Zhou Xiaochuan is floated.

Four Europeans are also considered to be highly-qualified to take the powerful post.  They are Peer Steinbrueck and Axel Weber from Germany, Christine Lagarde from France and Klaus Regling.

Sought for comment about the possibility of working as the chief of IMF, Zhu Min only said,

“I have meetings all day.”

In the history of powerful international financial institutions, Europeans usually head the IMF while American lead the World Bank.

Photo credit: kansas.com