понедельник, 19 октября 2015 г.

uWhy Lower Gas Prices Are Really Good For Restaurantsr


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  • (Freaktography)
    When gasoline prices fall, that means that consumers who drive have more money to spend on things other than fuel. The JPMorgan Chase Institute, a global economics think tank affiliated with the bank, analyzed their customer credit and debit card data to figure out what we did with all of those savings. It may not surprise you that most of it didn’t go into our retirement accounts.

    The JPMorgan Chase Institute did all kinds of interesting number-crunching on how spending on gas varies by region and how the habits of customers changed according to the total they normally spend on gas, but there are two interesting trends that apply to people of all incomes and regions.

    First, we spent about 80% of the money saved because of cheaper gas on other stuff. The biggest spending category was non-durable goods, which means items that you keep for less than 3 years: think a new shirt, an iPhone, or a pack of paper towels. People spent about 33% of their income on those, and about 32% on services. Meanwhile, restaurant spending, a separate category, gobbled 18% of Chase customers’ gas savings.

    Lower gas prices also meant that motorists spent more on gas. Yes, this is because people tend to carpool or combine trips when gas is pricey. However, the New York Times brought in data from another study at a gas-selling retailer that showed how gasoline spending changed as prices fell: more people bought premium gasoline.

    When Gas Becomes Cheaper, Americans Buy More Expensive Gas [The Upshot]



ribbi
  • by Laura Northrup
  • via Consumerist


uSupplement Company Owner Gets 30 Months In Prison For Selling Diet Pills Containing Dangerous Ingredientsr


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  • Just a few of the Floyd products that failed to mention they included a prescription weight-loss med that was pulled from the market in 2010, or an ingredient in laxatives that hasn't been used since the FDA declared it unsafe in 1999.
    One slogan used by the folks at now-defunct Floyd Nutrition on weight-loss “supplements” like ZXT Bee Pollen and ZXT Gold Infinity was “Offering the gift of health,” but a more accurate statement might have been “Offering the secret gift of drugs that were pulled from the market years ago for potential health risks,” or rather, “Offering products that will land this company’s founder in federal prison for two-and-a-half years.”

    Cheryl Floyd, who founded Floyd Nutrition and ran the company out of her home in Harrisburg, PA, was sentenced today to 30 months behind bars for introducing misbranded drugs into interstate commerce and money laundering.

    The company sold a number of “all natural” diet products — with names like Slim Trim U, ZXT Slim Bee Pollen, Magic Slim, Lean Body Extreme, Bnew Beauty and Body, and Natural Body Solutions — that federal prosecutors say actually contained the drugs sibutramine and phenolphthalein.

    Sibutramine, better known by the name-brand Meridian, has been off the market since 2010 when its maker pulled the prescription drug following studies that showed increased heart attack and stroke in certain populations.

    Until 1999, phenolphthalein was used in over-the-counter laxatives. Then the FDA reclassified the ingredient as “not generally recognized as safe and effective” after studies indicated that phenolphthalein presented a potential carcinogenic risk. According to the FDA, phenolphthalein has also been found to be genotoxic in that it can damage or cause mutations to DNA.

    Floyd imported her products from China and sold them to U.S. consumers over the Internet. In 2014, after the FDA detained shipments of products intended for the Floyd warehouse, federal investigators obtained a search warrant and seized a large number of the company’s products.

    In May 2015, Floyd entered a guilty plea. As part of the deal, she also forfeited five properties she owned, a 2014 Chevy truck and nine bank accounts. She is set to start serving her sentence on Nov. 16.

    “Manufacturing and selling products marketed as ‘all-natural’ dietary supplements put U.S. consumers at risk of serious injury or death when they actually contain dangerous pharmaceutical ingredients,” said George M. Karavetsos, Director, FDA Office of Criminal Investigations. “We will continue working with our law enforcement partners to protect consumers from public health risks and fraud.”



ribbi
  • by Chris Morran
  • via Consumerist


uGoogle Will Give Companies, Government Agencies Free Software To Microsoft Office Defectorsr


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  • (Pamela Greer)
    As technology companies compete with each other to gain not only individual customers but entire businesses and large organizations, Google has fired a shot against Microsoft designed to steal a share of their software business: if a company or government agency is fed up with using and paying for Office, Google will give them their competing suit of similar software — word processing, spreadsheets, email, calendar, etc — for free. Heck, they’ll even pay those companies and agencies to cover the cost of the switch.

    If a company/agency does decide to defect from Microsoft, Google will give free usage of its “Google for Work” software for up to 3,000 people working there, reports the Associated Press.

    That’s a pretty hefty chunk of change Google stands to lose, as it usually charges between $5 to $10 per user each month for those programs. That means taking a potential $180,000 to $360,000 cut in annual revenue… in addition to the $75,000 incentive Google is offering to pay companies that take their deal, to cover the cost of changing systems.

    The deal is open for the next six months in the U.S. and will eventually extend to other countries. The offer won’t apply indefinitely, either, as the price will be waived for the duration of the defecting customers’ existing contracts with Microsoft or any other supplier.

    Google to give away software to Microsoft Office defectors [Associated Press]



ribbi
  • by Mary Beth Quirk
  • via Consumerist


uTarget Partners With ThredUP To Let You Trade In Old Clothes For Gift Cardsr


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  • Target partnered with online consignment store ThredUP to offer customers gift card for their old outfits.

    Target knows you’ve probably got a bunch of old clothes you don’t wear but which are otherwise fine. It also wants you to spend money at Target buying new clothes (and groceries, and anything else). So now it’s willing to trade you some gift cards for your dust-gathering outfits.

    At least, that’s the idea behind the retailer’s newly launched partnership with online consignment shop, ThredUP.

    According to ThredUP, the new program applies to consumers’ unwanted, or unneeded “high-quality children’s and women’s clothing, handbags and shoes.”

    The items can then be dropped off at select Target locations in Minnesota and FedEx stores. Alternatively, the “Clean Out Bag” can be shipped – at ThredUP’s expense – directly from your mail carrier.

    Once the items arrive at the ThredUP facility, they are sorted to determine what if any fit the site’s clothing needs.

    “We do not guarantee any minimum payout,” ThredUP’s website states. “Just like any high-end consignment store, our professional buyers carefully evaluate each item and determine its quality and our ability to resell it.”

    Items deemed to be suitable for the consignment store will be awarded Target gift cards. Pieces listed on ThredUP for under $60 will be paid for upfront.

    “This means you’ll receive a payout as soon as these items are processed,” the company says. “Items that are listed for more than $60 are paid for on consignment. You’ll be paid for these items once they sell.”

    The program works similarly for Target customers: once items are processed ThredUP will send an email with gift card information. If times are listed as consignment, the gift card will not be issued until the item is sold.

    Clothing and accessories that are unusable will be “recycled responsibly.” Consumers can always ask for their clothing and accessories back, ThredUP says.

    [via KARE11]



ribbi
  • by Ashlee Kieler
  • via Consumerist


uRare Grocery Growth Ray Sighting At Costco: Detergent Grows By 10 Podsr


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  • While detergent pods still have some safety issues and still sort of look a little bit like candy, here’s one inspiring piece of news about them. A few weeks ago, we wrote about Costco’s Kirkland Signature pods shrinking, losing 10 pods from a 130-pod package. Costco contacted us to point out that our reader actually got this backwards: they had recently made the packages bigger, not smaller.

    ultraclean

    The different quantities came in the same size jar, meaning that only sharp-eyed consumers would notice the change in the first place. A Costco representative contacted us to clarify. The jars had 120 packets from February to July of 2015, and then they increased the count to 130. While they did raise the price slightly, from $16.99 to $17.99 for the jar, each pod now costs 2.3% less than before.

    For once, a retailer just raised the price of something, sparing us all from the Grocery Shrink Ray.

    PREVIOUSLY:
    Costco Shrink Rays Bins Of Detergent Pods Ever So Slightly



ribbi
  • by Laura Northrup
  • via Consumerist


uAuthors Guild Says Google Books Is “Serious Threat To Writers”r


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  • googlebooksLast week, a federal appeals court upheld a district court ruling that Google Books — the search engine that uses scans of actual books for its results — is a legal “fair use” under U.S. copyright laws. This decision is not sitting well with the professional authors trade group that sued Google, and which intends to take its argument before the U.S. Supreme Court.

    “America owes its thriving literary culture to copyright protection,” reads a statement from Mary Rasenberger, Executive Director of the Authors Guild, the group that first sued Google in 2004.

    That lawsuit alleged that Google Library — a program through which research libraries allow Google to scan selected volumes from their collections to make them available for keyword searches online — and the subsequent Google Books search engine violated the copyright on these books because search results didn’t just tell you which books were relevant to your query, but also brought up images of scanned pages dubbed “snippets.”

    Because these snippets showed not just the searched-for terms but some context on neighboring pages, the Guild contends that authors are losing out on book sales.

    In their opinion [PDF], the Second Circuit Court of Appeals concluded Google Books snippets are insufficient to be considered a market replacement for a full book, especially since Google limits the number of scanned pages that be seen.

    The Second Circuit — located in New York City, the heart of the U.S. publishing industry — did acknowledge there are some cases in which search results might suffice in providing enough information that the user no longer has any need to buy that book. At the same time, it held that such instances would likely involve researching a fact — and you can’t copyright facts.

    For example, if you want to confirm the final day of the Allied forces assault on Sicily, a Google Books search would provide you a number of titles that contain this information. You no longer need to purchase that book, and while you might cite the book as your source, the author of that book holds no copyright on the fact being cited.

    In spite of the fact that two courts have ruled against it, the Guild maintains the legal system simply isn’t understanding the impact of Google Books on authors.

    “It’s unfortunate that a Court as well-respected as the Second Circuit does not see the damaging effect that uses such as Google’s can have on authors’ potential income,” writes Rasenberger. “Most full-time authors live on the perilous edge of being able to sustain themselves through writing as a profession… so even relatively small losses in income can make it unsustainable to continue writing for a living.”

    Rasenberger says she hopes the Supreme Court will “recognize Google’s seizure of property as a serious threat to writers and their livelihoods, one which will affect the depth, resilience and vitality of our intellectual culture.”

    In 2008, the Guild and Google Books reached a settlement deal that would have seen Google pay out around $125 million in royalties to affected authors. Additionally, Google would have been able to continue the scanning program and make money from it (Google does not currently generate any revenue from Books search results).

    But in 2011, a federal judge rejected that settlement because it would have given Google a “significant advantage over competitors, rewarding it for engaging in wholesale copying of copyrighted works without permission, while releasing claims well beyond those presented in the case.”



ribbi
  • by Chris Morran
  • via Consumerist


uAmazon PR And NY Times Editor Still Fighting Over Article About Amazon From Augustr


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  • (chinguri
    It’s a little strange to watch representatives of two of the most powerful retail and media companies in the country have a war of words on the blogpages of the platform Medium. Two months ago, the New York Times ran an article about Amazon’s workplace culture based on more than 100 interviews with current and former employees, some of whom didn’t want to be named. Now, representatives of Amazon and the Times are engaging in a war of words over the credibility of the named interviewees, and the nature of the story itself.

    According to Jay Carney, Senior Vice President for Global Corporate Affairs at Amazon, the New York Times had led Amazon to believe that the article would be a nuanced view of what it’s like to work at Amazon, and what the Times published was a series of complaints from former employees, which one of the reporters behind the piece had explicitly promised was what the story would not be.

    Records at Amazon showed that stories that ex-employees shared weren’t necessarily true: the named source who complained about anonymous feedback, for example, had only ever received positive notes through the tool. Another source resigned when he was caught defrauding vendors, according to Carney’s post.

    Why take the dispute to the Internet? Carney says that Amazon presented its findings to the Times “a few weeks ago,” and the newspaper didn’t respond. Editor Dean Baquet did answer with a Medium post of his own a few hours later, pointing out that much of what the named sources said was corroborated in other interviews with people who couldn’t go on the record.

    “Of course, plenty of conversations and interactions occur in workplaces that are not documented in personnel files,” Baquet writes, which is something that anyone who has ever had a job knows well.

    What The New York Times Didn’t Tell You [Medium]
    Dean Baquet Responds To Jay Carney’s Medium Post [Medium]
    Inside Amazon: Wrestling Big Ideas in a Bruising Workplace [NY Times]



ribbi
  • by Laura Northrup
  • via Consumerist