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Post-Sandy Second Summer – Jersey Shore Hopes High

May 24, 2014 By Cristopher Hall Leave a Comment

It’s been a year and a half to Super storm Sandy and the affected areas are still rebuilding. On the Jersey Shore, which is also reconstructing, the Memorial Day weekend thrills the peak tourism season.

Business owners rushed to reopen in last summers and they succeeded. But homeowners wriggled to repair and rent their properties.

In July, Long Beach Township Mayor Joe Mancini said, “He thought the weekly rental market in his area of the shore was down about 30 percent. Many tourists were confused about the level of damage at each area along the shore. You know, every time they showed that roller coaster in the water off of Seaside, they thought that was the entire Jersey coast, but it’s not.”

News was not that bad, the majority of countries affected by the Sandy, saw modest gains in the amount tourists spent last year and the main credit goes to the recovery effects, said by the professor of hospitality and tourism management at Richard Stockton College in Atlantic County, Mr. Brian Tyrrell.

Tyrrell said, “We actually saw some increase last year, particularly early in the year. He further continued, “We’re fully expecting that it’s going to be a real banner year this year for the Jersey Shore, I think that there’s a lot of communities are really ready and well prepared to see visitors coming back.”

Realtor Matt Schlosser local entrepreneur says, “Things are looking up after Sandy cut his business in half last summer, mainly because so many people hadn’t finished fixing their houses yet. I don’t think we’ll be on track for 2012 numbers. The demand is there, but if we have 20 percent less homes, we can’t do those types of numbers”.

The real estate agent with Prudential Zack Shore Properties, Ms. Elaine Atlee says, “Rentals on Long Beach Island last summer started slow, but eventually picked up.” So she is very much expectant about this season.

Atlee says, “Overall, driving around, it really doesn’t look like there was a storm anymore. Everything looks good, in order.” She continued, “There’s a handful that will be ready for next summer, so the inventory will increase again next year.”

The houses are now newer, bigger and more expensive, which helps the house owners to make up some of the lost revenue and every week, more homes are available to rent as people finish repair work.

Some people are renting out their homes for the first time, because of the storm including Atlee. When construction on her new house is done, renters will move in before she does. She’s already fully booked for August.

Filed Under: Business, Headlines

Try it for free – Amazon’s New Targeted Campaign

May 22, 2014 By Cristopher Hall Leave a Comment

“Try it for absolutely free” and it is a TV streaming box. You might not heard this technique of promotion especially for electronic goods before but this is a new offer by the Amazon targeted rigorously for a particular group.

An unusual promotion by Amazon, allows customers to try a product at home before buying it. Although the “try-before-you-buy” marketing strategy is prevail in many other industries but for this segment it is something new, neither Amazon tried it before for any product.

How it works – The promotion is for Amazon’s product “Fire TV”. If you get the email, Amazon will ship a Fire TV to you without charging your credit card, which has to be on file with your Amazon account. If you like it and keep it past the 30-day window, Amazon will bill you the $100 for the device. If you send it back, you won’t see any harm on your credit card statement. Well it is hard to interpret who the audience for this email is; it is being sent to customers both with and without Prime subscriptions. If other than targeted customer visit the site by using their own credentials, the system determine whether they are eligible or not and the eligibility criteria is not known.

amazonfiretv_homescreen_front

For me it is a “More Customer Oriented” form of 30-days return offer. The salient difference with this program is that customers won’t get charged up-front, but rather are paying at the end of the trial period.

It is an innovation in traditional marketing techniques also safeguards the company interest by avoiding bad debts and providing enhanced customer experience.

Filed Under: Business, Headlines

GM Recalls Another Batch of 2.4 M Vehicles

May 20, 2014 By Cristopher Hall Leave a Comment

“I am not an angel,’ I asserted; ‘and I will not be one till I die” Charlotte Bronte. But when it comes to the industry you can’t afford a single mistake, otherwise you can’t survive. Same is happening with the vehicle giant General Motors. Because of security flaws General Motors is recalling its 2.42 million vehicles to fix four separate safety flaws.

General Motors publicized five separate recalls that totaled 3 million vehicles in last week. General Motors says it now plans to take a $400 million charge against first-quarter earnings for the costs of the recalls double the $200 million it had forecast after the five recalls announced on 16 May.

Including today’s recall General Motors has announced total 29 recalls in United States only for this year. Fewer than 100 vehicles are involved in two recalls.

The vehicles include:

The recall includes vehicles of year 2004 to 2014.

2009-2014 model years of the Buick Enclave, Chevrolet Traverse, and GMC Acadia.
2004-2008 model years of the Chevrolet Malibu. Cadillac Escalades, Chevrolet Silverado pickups.
GMC Sierras from the 2015 model year.
The Deadly Defects:

Flaw in how the passenger-side front air bag is connected to the dashboard that could cause the bag to inflate improperly in a crash.
Front safety lap belt cables can wear out due to people moving while wearing the belts. GM told dealers they can’t sell new or used versions of the vehicles until they are repaired.
Flaw in transmission shift cable that can wear and fail to indicate the correct gear. That’s the fault linked to the 18 crashes.
gm
Total 224 were sold out of the cars having security flaws and General Motors sent warning letters about the security condition of the cars to the owners.

Losses Due to the Defects:

The ignition switch fault is linked to 46 accidents and caused 12 deaths. Accidents involved many injuries and death in the U.S. and one fatal crash in Canada.
There have been 18 crashes due to one of the problems in the latest recall, GM says, but no fatalities.

Filed Under: Business, Headlines

Federal Irrigation Water Cannot Use to Grow Marijuana

May 20, 2014 By Cristopher Hall Leave a Comment

Marijuana, also known as Cannabis grows in Washington, Colorado and many other states illegally, now for the irrigation cannot use water from the U.S. Bureau of Reclamation to grow their crops.

On Tuesday Agency stated that, “Marijuana growing remains illegal under federal law, so irrigation water from its dams cannot be used to grow pot even in states that have legalized recreational or medical use of the drug”.

The Reclamation Bureau provides irrigation water in 17 states and the prohibition against using that water to grow Marijuana applies in all of the states.

Marijuana is prohibited because of its negative effects. It is often used up for its psychoactive and physiological effects, which can comprise discriminating mood or euphoria, relaxation, and an increase in appetite.

Unwanted side-effects can occasionally include a decrease in impaired motor skills, reddening of the eyes, short-term memory, dry mouth, and feelings of paranoia or anxiety.

Filed Under: Business, United States

Federal Irrigation Water Cannot Use to Grow Marijuana

May 20, 2014 By Deborah Campbell Leave a Comment

Marijuana, also known as Cannabis grows in Washington, Colorado and many other states illegally, now for the irrigation cannot use water from the U.S. Bureau of Reclamation to grow their crops.

marijuana

On Tuesday Agency stated that, “Marijuana growing remains illegal under federal law, so irrigation water from its dams cannot be used to grow pot even in states that have legalized recreational or medical use of the drug”.

The Reclamation Bureau provides irrigation water in 17 states and the prohibition against using that water to grow Marijuana applies in all of the states.

marijuana-dbc04668ba596d1d11bbfdcab899d5bdcf6b293a-s6-c30

Marijuana is prohibited because of its negative effects. It is often used up for its psychoactive and physiological effects, which can comprise discriminating mood or euphoria, relaxation, and an increase in appetite.

Unwanted side-effects can occasionally include a decrease in impaired motor skills, reddening of the eyes, short-term memory, dry mouth, and feelings of paranoia or anxiety.

Filed Under: Business, United States

Facebook Striving To Grab The Market From Snapshot

May 18, 2014 By Cristopher Hall Leave a Comment

After failing to either copy or buy the popular ephemeral messaging app Facebook is readying another attempt to win back users from Snapchat.

Facebook has decided to launch its own standalone application for sending short video messages. It has been working for several months on this idea and internally the app known as Slingshot.

The app will allow users to send short video messages with just a couple of taps of the screen. Slingshot could be launched this month, but one person said that, while cautioning that Facebook might still decide not to proceed with launching the product.

Mr Zuckerberg, Facebook’s man of power, has been running the top-secret project after failing to pursue Snapchat’s creators, Mr. Evan Spiegel and Mr. Bobby Murphy, with a $3bn takeover offer late last year.

You can observe the growing popularity of simple messaging apps, such as WeChat, Line and KakaoTalk and this would be the threat for the Facebook.

According to Mr. Geoff Blaber, mobile analyst at CCS Insight “Snapchat over-indexes with the very segment where Facebook has cited falling engagement: teenagers. The continued introduction of new services, either organically or by acquisition, is essential to maintaining user engagement.”

The best thing about snapchat is that after viewing the content send through it, it disappears from the receivers’ mobile phone and this might be the reason of its popularity. Facebook, to gain a competitive advantage must bring something innovative in its simple chat app.

Filed Under: Business

Australia comes forward to find out the missing Malaysian Airplane

May 13, 2014 By Roxanne Briean Leave a Comment

To help and find the missing Malaysian airplane having 239 passengers on board, Australian Government declared a budget of AU$90 million ($84 million). The news released after the documents released on Tuesday and a document issued by the Australian Government stating the plan and allocating cost of the step they are about to take.

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“The actual cost will depend on a number of factors, including the outcome of procurement processes for specialist services, the length of the search and the extent of contributions from other countries,” the budget documents said.

The main location of the search would be Indian Ocean and this time an intense under water search would require.

A country who contributes in the search with Australia must bear the cost of its own. The expertise is required for underwater search now.

The search will expect to start from the next month and would continue for 8 to 10 months.

Filed Under: Business

News For G-Mail Users – Google Introducing New User Interface

May 12, 2014 By Roxanne Briean Leave a Comment

Google’s thirst of being innovative is never ended and it is committed to provide its users an experience that sticks them to Google for the rest of their lives.

Perhaps this would be a good news for the G-mail users that now they can have a leaner and cleaner look of the G-mail.

Google is introducing new user interference for the G-mail and redesign the look of G-mail accounts. The redesigning is changing few things that give a cleaner and managed view of G-mail.

Besides the look, the notification system of G-mail will have a paradigm shift. Notifications have been moved to the bottom-right corner of the interface.

gooThe task manager, e-mail account and other options are included in this notification tab. It also adds in to the sleek look of G-mail user interference.

According to news of Geek.com, the interface also includes the new pin system that was spotted in the last Gmail leak, which replaces stars in Gmail as a way to bring focus to important emails.

However, there is no projected date of the release of these features announced by the Google but the eagerness of Google is clear that it is ready to change the user experience of G-mail and these changes will surely add in to the Google’s cut in future.

Filed Under: Business, Health

Facebook Unveils Journalists Site

April 27, 2014 By Deborah Campbell Leave a Comment

Newsrooms and journalists have long used Facebook as a platform that shares and publishes content. However, the social media company based in Menlo Park, California now wants to be a source of news as well.

Facebook launched late last week FB Newswire, a new featured that is aimed at making the site a better resource in real time for newsrooms and journalists.

FB Newswire aggregates content that is newsworthy from notable organizations or people in a format making it easy to share and embed into news media.

This new feature will include original videos, photos as well as status updates to be shared on both the Facebook page of FB Newswire and Twitter.

It is a bit ironic that a rival social media site is being used by Facebook to publish its own new content. Twitter Inc however, has been long used by as a newswire by journalists and new FB Newswire is an effort by the social media site Facebook to challenge Twitter as a news source in real-time while tacitly letting it be known that Twitter is better setup for releasing breaking news.

If that was not ironic enough, Twitter has also just completed the redesign of profile pages that look much more similar to Facebook.

FB Newswire is run by Storyful, a project covering social news launched back in April of 2010 by Mark Little a journalist from Ireland that was acquired by News Corp in December for over $25 million.

Facebook news and globe media director Andy Mitchell said the social media giant was pleased to entered into this new business with a partner that has a proven track record for understanding the social web potential as a resource for media and with the tools that are needed by the newsrooms to utilize it.

Facebook has put a great deal of effort into constructing partnerships with different media organizations. As well as licensing content to media groups and making a community for journalists, the social media site uses its feature of Trending Topics to promote its content and its News Feed to highlight different articles.

Facebook has said that traffic to different media sites originally from Facebook increased fourfold in 2013.

Filed Under: Business

Amazon See First Quarter Jump of 18%

April 25, 2014 By Roxanne Briean Leave a Comment

Amazon, the online behemoth posted first quarter results that were up by 18% as online shoppers continue to buy products from the mega retailer.

The results were higher than Wall Street expectations and on the news shares increased by close to 2% in trading after hours.

Amazon has focused for a long period on spending its earnings to grow the business and expand into new territory, from e-readers to streaming movies and even the delivery of groceries.

This week Prime Pantry was launched by Amazon. This is a grocery delivery service for members of Prime. In addition, in April the company introduced its first video streaming set-top box named Amazon Fire, which costs just $99.

Rumors of a phone by Amazon have been tossed around recently as well, but to date nothing has materialized. CEO Jeff Bezos said the company gets its energy through inventing for their customers and this year has started well.

While most investors have for the most part given the behemoth online retailer a pass for its focus on growth and investing instead of turning a large profit, Amazon made some moves of late to strengthen the company’s bottom line.

It increased the price of its shipping membership program Prime to $99 from $79 to offset the higher costs of shipping. Costs to ship have increased by 31% during the past quarter to $1.83 billion.

To entice additional people to join the service at the price of $99, which also includes its service of video streaming, the retailer on Tuesday said it had signed a new deal with HBO to start streaming some of its older content starting on May 21.

The news from Amazon was a coup for the company. HBO has refused steadfastly to license any programming to other services that offer streaming such as Hulu and Netflix.

Net income during the recent quarter increased to $108 million or 23 per share, compared to last year’s $82 million or 18 cents a share during the same period.

Analysts were expecting earnings to be 21 cents per share. Revenue was up 23% to $19.74 billion compared to last year of $16.06 billion during the same reporting period. Analysts were expecting $19.42 billion.

Filed Under: Business

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