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Customer reviews.
Customer Reviews, including Product Star Ratings help customers to learn more about the product and decide whether it is the right product for them.
To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. It also analyzed reviews to verify trustworthiness.
Customers like the quality of the cellular phone, saying it's well built and easy to use. However, some customers have reported issues with performance and connectivity. Opinions are mixed on value, age range, ease of use, voicemail, and buttons.
AI-generated from the text of customer reviews
Customers like the quality of the phone. They say it's well built, easy to use, and has a good camera. Some customers mention that the user interface is horrible. Overall, most are satisfied with the quality and functionality of the product.
"...to the network the support staff was friendly and helpful; The phone is very sturdy . I can see the buttons without glasses...." Read more
"...The camera is very good too. I really like the 5 Star emergency feature on the phone. In an emergency they can track your exact location...." Read more
"...The rest of the phone is great . So one star demerit for making contact calling more complicated when not using one-touch dialing...." Read more
"...so far it has held up well it is very loud she can hear it fine and the buttons are big enough she doesn't hit all the others and start getting mad." Read more
Customers are mixed about the ease of use of the cellular phone. Some mention that it's simple to use and has a great battery life between charges, while others say that it is confusing to operate, hard to use, and more complicated than prior models. The user interface is horrible and it is difficult to set up the app, account, and lively.
"...I can see the buttons without glasses. It is easy to figure out how to use it ." Read more
"... Too complex in that it asks for a Yes of No press many times and the forward and back buttons would definitely confuse my elderly mother...." Read more
"...The good news is that it's much more user friendly than a Lively smart phone, which my Mom tried and could not figure out how to use, so if you're..." Read more
"Good but not Great. The user interface tries to do too many things : take pictures, videos, do text messages, check voice mail, check missed calls ...." Read more
Customers are mixed about the value of the cellular phone. Some mention it's good value and an excellent purchase, while others say it'll use up your paid time and is overpriced.
"...---REEDIT -- this is an AWFUL PHONE , Mom and I can't figure out how to adjust the ringer volumn up, I tried to talk to her on another phone telling..." Read more
"...There is a nurse hotline for him should he need it. The cost is less than when I had a phone for him on Verizon..." Read more
" Over priced flip phone , and the Alexa nearly works. It’s over priced for the money. The phone honestly should be a 20 - 30 dollar phone $$ ...." Read more
"...I mean really terrible . Unusable. Also the buttons are tiny with even tinier delineations for numbers and letters. Texting is a joke… or hell...." Read more
Customers are mixed about the age range of the cellular phone. Some mention it's great for seniors, has many critical services for seniors that the Big Boys don't have, while others say it'll be too difficult for an elderly parent.
"...Super easy to use - extremely intuitive. Perfect for a senior - arthritis, neuropathy and hearing loss...." Read more
"...That said, this is not a phone for an elderly person who is not at all tech savy...." Read more
"It's great for Seniors . The screen is bigger. The easy directions are easy to follow. They have wider buttons and an emergency button for help." Read more
"May be senior friendly, but not so much elderly friendly ...." Read more
Customers are mixed about the buttons. Some like the look, fit, and big buttons that are easy to see and dial. However, others say that there are too many button presses required to make a call and for basic operations.
"...I can see the buttons without glasses . It is easy to figure out how to use it." Read more
"The red button has become quickly a problem , for the nursing home, as my Mom hits that button, and with her Dementia and other mental.health issues..." Read more
"...I pay the monthly bill, and I love that it has an EMERGENCY Feature , which was accidentally pressed a few years ago and boy do they respond quickly...." Read more
Customers are mixed about the voicemail. Some mention that it's easier to use than the older model, and they can call and answer it without difficulty. However, others say that it wouldn't take incoming calls and couldn't call out.
"...After a few weeks of use the voicemail has quit working . Waited twice for 45 or more minutes on phone for help...." Read more
"It was easy to get the phone connected to the network the support staff was friendly and helpful; The phone is very sturdy...." Read more
"...says that it has 3 msgs, but when you check it, it says that there are no new messages . You can SEND messages, but you can't RECEIVE them...." Read more
"... She can't text of make calls . Maybe I can use the combo of Alexa/Bluetooth for hands free calling while. driving...." Read more
Customers are dissatisfied with the performance of the cellular phone. They mention that it stopped working properly after a few months, and started to be unreliable within a month of buying it. Some customers also say that the screens stopped working and the camera stopped working.
"The screens on phone quit working . What can I do" Read more
"...First, the camera stopped working and won’t even open . The front camera opens fine, but not the back...." Read more
"...This phone began to be unreliable within a few months of buying it. When my brother and son called, they often could not hear our responses...." Read more
"...Next morning I turned it on and it was dead . Was about to order a new phone, then thought maybe it needs to charge. the rest is history...." Read more
Customers are dissatisfied with the connectivity of the cellular phone. They mention that it has lots of connection problems, and cannot make or receive calls. Some customers also report that the phone loses the cell phone signal and is not compatible with other networks.
" Weak signal , good battery life.After a few weeks of use the voicemail has quit working. Waited twice for 45 or more minutes on phone for help...." Read more
"Over priced flip phone, and the Alexa nearly works . It’s over priced for the money. The phone honestly should be a 20 - 30 dollar phone $$ ...." Read more
"... Phone does not receive calls . Phone must be turned off/back on to receive a call or place a call once a call has been placed...." Read more
"...Easy to operate but we have no signal where we live with this phone...." Read more
There was a problem filtering reviews right now. please try again later..
Copyright © 2024 Entrepreneur Media, LLC All rights reserved. Entrepreneur® and its related marks are registered trademarks of Entrepreneur Media LLC
By Larry Alton Edited by Dan Bova Mar 18, 2015
Opinions expressed by Entrepreneur contributors are their own.
Never underestimate the importance of your business plan . It is the backbone of your company, a foundational pillar from which your enterprise will be built. It's going to serve as the first impression for countless potential partners and investors, and it's going to serve as a roadmap for your whole business -- at least for the first several years.
In some ways, writing a business plan is easy -- there are no rules or requirements for length, format, presentation, or even subject matter. But finding the right answers to the right questions is critical if you want to lay the groundwork for a stable business and attract sufficient attention from investors.
Related: 25 Common Characteristics of Successful Entrepreneurs
This is an important question because it extends beyond the simple "What does your business do?" It's one thing to outline your business in general, describing what products you make or what services you offer, but if you want a solid business plan you have to take it to the next level.
It's nice to imagine your business as providing something useful, and if you're excited about the idea, it's that much easier to think about people buying it. But you need to be logical and critical when you consider the driving force behind your customers' purchasing decisions: what fundamental customer need is your business addressing? You'll want to back this up with research that shows the need actually exists.
It's a big world out there, and startups are constantly coming on and off the radar. Chances are, there are multiple businesses out there who are already serving the crucial need you outlined from question one. That doesn't mean you can't serve it better, or serve it in a different way, but therein lies the challenge—figuring out what makes you different.
First, you'll need to acknowledge all the major players in your space, and this is going to require some research. Acknowledge what they're doing right, what they're doing wrong, and how they're going about their business. Identify the differentiating factor that will allow you to stand out, and emphasize it.
Related: Struggling to Define Your Business Goals? Ask Yourself These Questions.
Here's a hint: the answer can't be "everybody." No matter how useful or practical your product or service is, there's no way you're going to be able to sell to everyone in the world. Think about factors like age, sex, education, geographic location, working status, marital status, and perform some preliminary market research to determine the best path forward.
Your key demographic may evolve over time, so don't stay too committed to one niche. Also remember, that it's easy to expand to other markets once you've established yourself in one, so if you have multiple key demographics, it may be wise to focus on one to start things off.
This seems like an obvious question to answer, but you'd be surprised how many entrepreneurs fail to elaborate on their plan. The brief answer to this question is "sell products/services," but how are you going to sell? Where are you going to sell? How much are you going to sell for?
The other side of the question is what are your operating expenses? Who are you going to pay? What services or partners will you need to pay for? And ultimately, will the amount you sell be able to surpass the amount you owe? When will you break even?
Promoting your business is just as important as creating it. Otherwise, people will never know who you are. Your marketing strategy should start off based on what similar businesses before you have done. Do they rely on traditional advertising or online marketing? Do they attend tradeshows and local events, or use technology to spread the word about their existence?
Related: The Ultimate Guide to Writing a Business Plan
For many potential partners and investors, this is the bottom line. All businesses have to start somewhere, but that starting line varies dramatically from industry to industry and from entrepreneur to entrepreneur. Do you need any advanced equipment? Who will you need to hire? How much will you need for an initial run? These questions should give you an idea exactly how much capital and what resources you need initially.
It may seem counterintuitive, but answering these questions isn't a one-time process. Your business plan should be a living, changing document that evolves along with your company. Throughout your course of entrepreneurship, you're going to encounter new challenges, new opportunities, and hundreds of factors you never considered as significant to your business when you were writing the initial plan. To survive, you're going to have to revise your answers to these questions and update your business plan accordingly.
Related: The Essential Ingredients to Startup Success
Freelance Writer & Former Entrepreneur
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Famed 23-story new york office building sells for 97.5% discount in online auction.
The building was formerly owned by UBS.
Lauren Chew, founder and CEO of Love+Chew, set out to "change our broken food system" with her first entrepreneurial venture.
When a new trend disrupts the market, navigating a path forward can be challenging. Oftentimes blindly following the crowd without critical thinking can lead to conformity and a loss of innovative thinking.
For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.
We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.
They wheeled in a $500, five-year-old queen mattress with high hopes and no receipt — and TikTok is loving it.
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Another 24 state-owned enterprises to be sold off under new plan.
ISLAMABAD: The Cabinet Committee on Privatisation (CCOP) convened on Friday to discuss the government’s new phased privatisation programme for the period 2024-29 and approved the privatisation of 24 public sector entities.
The meeting, chaired by Deputy Prime Minister Ishaq Dar, also decided that additional public firms will be considered for privatisation following a review by the Cabinet Committee on State-Owned Enterprises (SOEs).
The review will categorise SOEs as either “strategic” or “essential”. Entities not classified as such will be presented to the CCOP for potential inclusion in the privatisation programme .
The CCOP was presented with a phased privatisation programme (2024-29) by the Ministry of Privatisation, based on the recommendations of the Privatisation Commission’s board.
The CCOP recommended that priority should be accorded to reducing the federal footprint in commercial space and limiting it to the strategic and essential SOEs only. The committee emphasised that even SOEs making profits would also be considered for privatisation.
The committee deliberated on privatisation policy guidelines, reviewing 84 SOEs listed in the ‘Federal Footprint’ State-Owned Enterprises Consolidated Report for fiscal years 2020-22, in the context of the SOE Act and Policy.
The CCOP also considered the proposal for transferring shares of OGDCL lying with the Privatisation Commission to a sovereign wealth fund or the Ministry of Energy. It was also decided that the status quo should be maintained for the time being. It also approved the budget estimates for the Privatisation Commission for FY25, amounting to Rs8.17bn.
Mr Dar concluded the meeting by reaffirming the government’s commitment to implementing the privatisation programme with transparency.
Published in Dawn, August 3rd, 2024
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Welcome to the Money blog. We'll have our usual personal finance and consumer news and tips, as well as all the latest on turbulence on the stock market. Leave a comment on any of the stories we're covering below.
Tuesday 6 August 2024 14:05, UK
With the Bank of England cutting the base rate last week, it makes sense that borrowers would be tempted by a tracker mortgage.
Many people will be considering if the short term pain is worth the potential long term gain if more cuts are announced further down the line.
In theory, a tracker mortgage would allow borrowers to feel the savings a rate cut brings immediately - but there is always a risk that rates increase, and thus so do mortgage payments.
Some brokers have warned that the gap between comparable fixed and tracker deals is currently too big to justify the risk.
This is partly because a number of lenders have been increasing their tracker rates in recent weeks, perhaps pre-empting the rate cut and in an attempt to attract borrowers to their fixed deals instead.
For example: as of Friday, Nationwide's two-year fixed deal for a home mover with a 75% LTV mortgage and no product fees comes with a 4.92% rate.
It's tracker version of this same deal has a 5.89% rate.
This means there would need to be four more 0.25% base rate cuts for the tracker product to be worth it.
Managing director of EHF Mortgages, Justin Moy, said the choice between fixed or tracker should be more about individual needs rather than "hedging against future rate changes".
"The gap between comparable fixed and tracker deals is making it difficult to justify taking a tracker at the moment," he told Newspage.
"However, many tracker deals have low or no early repayment charges, so they are ideal for that flexibility if your property is due to be sold later in the year, to avoid the normal penalties of paying early.
"To need four regular base rate cuts just to match a typical equivalent fixed deal suggests that, for most, a fixed rate will be most beneficial."
Jack Tutton, director at SJ Mortgages, told Newspage tracker products were "not representing value for money for many consumers" at the moment.
"To take a tracker product now would mean a client is gambling with a higher initial payment with the hope that the base rate falls dramatically, something that we haven't seen since the financial crash in 2008," he added.
Craig Fish, director at Lodeston Mortgages and Protection, said borrowers "should be aware and beware in equal measure".
He explained that trackers for the right person can be a "very good option".
"If we get one or two cuts this year, that could be beneficial, but there is no guarantee. Disappointingly, though, we are witnessing lenders increasing their tracker margins, making them less viable for clients but more viable for their bottom line, which is hardly in line with consumer duty," he added.
Basically, a will is a legal document that sets out what happens to your money and assets when you die.
How do you make one?
You can write a will yourself or have a solicitor draw one up.
It's generally advisable to use a solicitor because it is easy to make mistakes and they can help you make effective choices.
You are also protected if something goes wrong as solicitors are regulated by the Solicitors Regulation Authority.
What do you include and what does the process involve?
The main thing to consider is who you want to benefit from your estate and personal possessions when you die - be it your spouse, children or parents - and how you want them to benefit.
You can also give directions about your funeral and ask for funeral expenses to be paid from your estate.
Caroline Foulger, partner and head of private client at TWN Solicitors, told the Money blog that she first asks clients for a brief overview of their family and assets and then a meeting is set up.
After that, a fee is fixed and if the client agrees to the price a draft is written up.
Once everyone agrees to what is written, the witnessing process is carried out.
Are you too young for a will?
The legal minimum age to write a will is 18, but that's too young right?
It could be, but what's more important than age itself is where you are in your life - whether you have assets and your personal circumstances.
Sam Grice, founder of the end of life planning company Octopus Legacy , says "procrastination is quite common" but there are "consequences with inaction".
Mr Grice, who created his company after his mother died in a car accident, says: "I'm a recent father and so a consideration for me is who looks after my child if something were to happen.
"My mum was 60 when she died. It was quick. I'm assuming if I'd asked her she would have thought she was young. People are always thinking they've got that extra 20-30 years but that is not always the case."
After his mother's death seven years ago, Mr Grice says, he wanted to help others through the process of losing loved ones and a "big part of that was allowing people to put plans in place ahead of time".
"It is the best thing you can do for your loved ones, it will help alleviate financial and emotional burdens following your death," he adds.
"It doesn't need to be fear-inducing, it's quite an easy process to get sorted."
Joanna Grewer, partner at Roythornes Solicitors , says "you are never really too young to have a will".
"Nobody thinks about it being important until they think they might be facing death but actually the earlier you plan, the easier your life becomes," she says.
When Ms Grewer she sits down with clients, she says, she looks at "what they are worth on paper".
"We are always worth more on paper than we are generally in life because we have death in service benefits and life policies which kick in after death and people don't think about how it will affect the value of their estate."
She also says a will isn't a document that should be created once but "something you should change as your life develops".
Penny Wright, a partner in the wills, probate and estate planning team at Gardner Leader , agrees: "It's one of those things that everyone knows they've got to do but you put off.
"There isn't a specific time people should do it but it is particularly important if you've had a change in your circumstances."
What happens without a will?
If you don't have a will, the so-called intestacy rules kick in - this is the government's view of how people should leave their estate.
If the person who died was married or in a civil partnership and has no children, all their estate will go to their partner.
But if they are survived by both a partner and children then the first £322,000 of their estate will go to their spouse or civil partner, along with any of their personal possessions, and anything over £322,000 will then be divided, with the partner receiving 50% of this and the children entitled to divide the other 50%.
Executors and beneficiaries - what are they?
Executors are the people who have the legal responsibility to make sure assets get to the right people under the wishes of the will.
The beneficiaries are those who are named as receiving something under the will.
But often a beneficiary will also be the executor - this is quite common.
How much can it cost?
It depends on the solicitor you use but you're looking at a range from £150 to £2,500.
Read other entries in our Basically series...
Morrisons has introduced new menopause-friendly sections in selected stores to bring visibility to products that support women going through this stage in their life.
The supermarket chain, which partnered with the menopause awareness initiative GenM in March, will display "menopause-friendly" products across an initial 45 stores.
The bays will be clearly signposted and stock a range of GenM-accredited and own-label products, including Canesten cream, Tena incontinence support and menopause vitamins.
Morrisons hopes to later expand the rollout to further stores.
GenM was launched in October 2021 to raise awareness about the menopause and the 48 symptoms that come with it.
The organisation states there are more than 15.5 million women in the UK and around one billion globally going through the menopause.
Morrisons told Sky News: "The aim of our collaboration with GenM Collective, is to help our customers, who are either experiencing or will experience symptoms of menopause, to recognise their symptoms early and provide them with the relevant products to improve their personal experience."
They can get a bit of a bad rep, but in-flight meals aren't always that bad (if you're travelling with the right airline).
A new survey by MoneySuperMarket of 27,000 passenger reviews of meals across more than 100 airlines has found that Kuwait Airlines tops the list when it comes to the best plane food.
The airline, which offers a multi-course menu in economy and lobster, prawn and beef dishes in their "Royal Class" service, earned an average score of 8.6 out of 10 across all cabin classes.
Coming in second and third place were Oman Air and Middle East Airlines.
British Airways, the most popular meal-serving airline among Britons, comes in at 55 with an average score of 6.65.
Here are the top 20 best airlines for in-flight food:
1. Kuwait Airways
2. Oman Air
3. Middle East Airlines
4. Air Algerie
5. airBaltic
6. Aegean Airlines
8. Turkish Airlines
9. Air Mauritius
10. Swiss International Air Lines
11. Asiana Airlines
12. Belavia
13. Austrian Airlines
14. Qatar Airways
15. Emirates Air
16. JetBlue Mint
17. Eva Air
18. Etihad Airways
19. Ethiopian Airlines
By Daniel Binns, business reporter
The markets in London are this morning up in early trading following yesterday's stock market falls around the world.
The FTSE 100 has gained around 0.3%, while the FTSE 250 is up more than 1%.
However, the gains have so far not been enough to make up the 2.04% loss in the FTSE 100 yesterday and the 2.83% fall in the FTSE 250.
It comes after stock markets in Asia rebounded earlier today following sharp falls yesterday amid fears the US could be heading for a recession.
Top FTSE gainers on Monday included hotel giant IHG, which owns brands such as Holiday Inn.
Its shares were up more than 2% after it reported a 3.2% rise in revenue per available room in the second quarter.
FTSE 250 firm Domino's Pizza Group is up 5% despite a new forecast that its annual profit is likely to be at the lower end of market expectations.
Meanwhile, oil prices have also rebounded slightly following sharp falls in recent days.
A barrel of Brent crude is priced at just over $77 (£60) this morning, a gain of more than 1%.
On the currency markets, £1 buys $1.27 US or €1.16.
After the revival of popular Cadbury's chocolate bar Top Deck earlier this year, we asked you which discontinued treat you would like to see brought back - and we got so many responses that we've decided to make a weekly feature of it called Bring It Back .
Every Tuesday, we'll pick one from our comments box and look at why it was so beloved and, crucially, find out whether the companies in question might consider reintroducing them.
This week we are looking at one of the products that prompted the most messages - Cadbury's Spira.
Apparently the result of a new production process that allowed chocolate to be produced in different shapes and textures without the need for moulds, it was introduced in 1989.
As the name suggests, the twin bars in each pack were formed into a spiral shape, with six hollow tubes running through each one.
And as dozens of readers have longingly recalled, this design allowed them to be employed in a very specific way when consumed along with hot drinks.
Among the many readers to describe the practice was one calling themselves Oompahlumpa, who said: "Cadbury Spira was and remains the best chocolate bar ever.
"With experience, you can drink your hot drink through this chocolate straw, melt the inside perfectly and the outside will still be intact. It needs skill but it can only be achieved with the Spira."
Janette said: "I'd just love to see a Cadbury's Spira back on the shelves. Great to eat, but also great to use as a drinking straw!"
Reflecting the sentiments of countless other readers who got in touch, Jannic told us: "Cadbury's really NEED to bring back Spira bars! There's nothing else needing brought back other than this chocolate bar!!!"
Indeed, such is the affection for Spiras that they have spawned multiple petitions demanding their return and a Facebook page - with more than 35,000 followers.
Despite the apparent popularity of the bar, Cadbury's ceased production in 2005 - and suggested in response to a customer query on X in January that there were "no plans to bring back Spira".
However, Sky News contacted the confectionary firm in the wake of the deluge of messages calling for its return - and received the following statement.
"We continuously adapt our product range to ensure it meets changing tastes whilst supporting growth for our customers and our business," a spokesperson said.
"Our Spira bars were discontinued several years ago but we still have plenty of other delicious sharing bags for consumers to choose from!"
So, certainly not a commitment to a Spira relaunch - although its army of fans may take some consolation from the fact it is not a definitive refusal.
Those determined to convince the company to reconsider will undoubtedly continue their campaign - and we will be keeping an eye out for any further developments!
Which currently discontinued chocolate bar, crisps, sweets - or any other food product - would you like to see brought back, and why? Let us know in the comment box at the top!
Two-bedroom terraced homes are the fastest selling properties across England and Wales, according to Zoopla.
On average, it takes around 27 days for this property type to be snapped up - compared with the typical 32 days.
The property website calculates its selling time by counting the number of days between a house being listed for sale and a buyer and seller agreeing a sale subject to contract.
It takes several more months for sales to complete.
Two-bed terraced homes have been the fastest-selling in more expensive regions such as London and the East of England for at least six years.
But they are now also the fastest-selling property type in some more affordable regions, signalling a shift in buyer requirements amid higher borrowing costs, Zoopla said.
This property type is selling fastest in Yorkshire and the Humber, and the West Midlands.
Zoopla found two-bed terraces are shifting particularly quickly in Wigan, at just 17 days on average.
A similar situation has been seen in Manchester and Bristol, where the typical time to sell is 19 days.
Despite this, two bedroom terraced homes have made up only 7% of property listings generally over the past three months, with the average asking price sitting at £200,000, Zoopla said.
Four-plus bed detached houses are currently the slowest-selling property type at a national level.
And, although flats typically take longer to sell than houses, these are the fastest-selling property type in the North West, including in urban areas like Manchester, Liverpool and Warrington.
More than 50 organisations have written to Chancellor Rachel Reeves after she scrapped the Winter Fuel Payment for most pensioners.
They say the move - impacting pensioners not on means-tested benefits - will contribute to pensioners' energy bills increasing by 15% this winter.
"The decision to remove the payment to all but a small minority of pensioners will see millions more older people face the prospect of spending this winter in cold, damp homes," the letter from the End Fuel Poverty Coalition said.
Simon Francis, co-ordinator of the group, called for the government to offer more support to households of all ages.
What is the Winter Fuel Payment?
The benefit was previously available to almost everyone in the UK who was born before 25 September 1957 to help them cover their heating costs.
The one-off payment is worth between £100 and £300.
Those who are able to claim it should get a letter in October or November stating how much money they are entitled to, according to the government website.
Good morning.
Markets in Asia have rallied after worldwide plunges on Monday amid fears the US may be heading for recession.
Taiwan 's stock exchange jumped following a record drop on Monday, but shed some of the gains later in the morning amid lingering concerns over the outlook for the US economy and tech companies.
Japan 's benchmark Nikkei 225 share index soared nearly 11% after it plunged a near record 12.4% yesterday - its biggest fall since "Black Monday" in October 1987.
Indian government bond yields are expected to remain steady while South Korea 's Kospi was up almost 3% after dropping on Monday by the most since late 2008.
The rally in the Asian markets came after a dramatic day on Wall Street on Monday.
All the major US stock market indexes fell at the opening bell and continued to drop up to the close.
Behind the drop are seven high-performing tech companies, the so-called magnificent seven: Apple, Google parent company Alphabet, Amazon, Meta, Microsoft, AI-microchip maker Nvidia and electric car producer Tesla.
The UK's FTSE 100 closed down more than 2% on Monday, the worst day since July 2023. The FTSE 250 also dropped on the open and had fallen 2.83% by the end of the trading day.
Sell-offs were not confined just to stock markets. Cryptocurrency Bitcoin reached a level not seen since February. One Bitcoin is now worth $54,650.
It comes after US jobs market data on Friday came in much lower than expected for July , sending the country's stock markets tumbling.
Analysts at JPMorgan were more pessimistic, putting the probability of a recession at 50%.
We're pausing our live coverage for today - scroll back through to catch up on all the major developments as global stock markets tumbled amid fears of a US recession after an unexpected increase in joblessness across the pond.
Want to catch up at a glance? Here's a recap of events today:
We'll be back tomorrow with live updates - good night.
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Tuesday, 06 Aug 2024
Upgraded landfills will boost national waste-to-energy efforts, says nga, grants not a must for energy transition projects.
BEIJING: China's state planner unveiled details on Tuesday of a three-year plan to upgrade the power system as the country seeks to ramp up renewables and ease the strain of rising power demand on the national grid.
The 2024-2027 plan launched by the National Reform and Development Commission aims to help China meet its goal of reaching a peak in carbon emissions before 2030 and includes guidance on the upgrading of transmission and distribution systems, the planning body said.
The plan sets targets for demand response, the balancing of demands placed on power grids, by encouraging consumers to shift their electricity usage away from peak times - a necessity underscored by record-breaking heat that has strained grids in eastern China in recent days.
Demand response capacity should reach 5% of the maximum electric load, according to the plan. It also for the first time sets a more ambitious goal for demand response to reach 10% of maximum load in certain areas, though it did not specify which areas.
The plan focuses on building a more flexible power grid to better manage the transition to intermittent renewables, said Xuewan Chen, energy transition analyst at LSEG.
But a crucial aspect not mentioned in the document was power market reform and the creation of a competitive power market to more effectively allocate resources, she said.
Currently, transactions are mostly governed by medium- and long-term contracts.
More renewable power should be used in China's long-distance power transmission projects, which typically send electricity from large plants in western China to cities in the east of the country, the NDRC plan said.
It also called for creating standards for next-generation coal-fired power, reducing the emissions from coal power plants, and blending coal with lower-carbon fuels.
Other plans include improving the country's electric vehicle charging infrastructure, piloting new grid scheduling plans in areas with heavy EV charging demand, and upgrading energy storage that had been installed at renewable power plants but not effectively utilised. - Reuters
Tags / Keywords: China , renewables , power , coal-fired ,
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Tensions are on a knife edge after israel carried out a strike on the hezbollah leader allegedly behind an attack in the golan heights..
Hosted by Sabrina Tavernise
Featuring Ben Hubbard
Produced by Rachelle Bonja and Sydney Harper
With Shannon M. Lin and Will Reid
Edited by Lexie Diao and Patricia Willens
Original music by Dan Powell and Sophia Lanman
Engineered by Chris Wood
Warning: This episode contains audio of war.
Over the past few days, the simmering feud between Israel and the Lebanese militia Hezbollah, has reached a critical moment.
Ben Hubbard, the Istanbul bureau chief for The New York Times, explains why the latest tit-for-tat attacks are different and why getting them to stop could be so tough.
Ben Hubbard , the Istanbul bureau chief for The New York Times.
Israel says it killed a Hezbollah commander , Fuad Shukr, in an airstrike near Beirut.
The Israeli military blamed Mr. Shukr for an assault on Saturday that killed 12 children and teenagers in the Israeli-controlled Golan Heights.
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The Daily is made by Rachel Quester, Lynsea Garrison, Clare Toeniskoetter, Paige Cowett, Michael Simon Johnson, Brad Fisher, Chris Wood, Jessica Cheung, Stella Tan, Alexandra Leigh Young, Lisa Chow, Eric Krupke, Marc Georges, Luke Vander Ploeg, M.J. Davis Lin, Dan Powell, Sydney Harper, Michael Benoist, Liz O. Baylen, Asthaa Chaturvedi, Rachelle Bonja, Diana Nguyen, Marion Lozano, Corey Schreppel, Rob Szypko, Elisheba Ittoop, Mooj Zadie, Patricia Willens, Rowan Niemisto, Jody Becker, Rikki Novetsky, Nina Feldman, Will Reid, Carlos Prieto, Ben Calhoun, Susan Lee, Lexie Diao, Mary Wilson, Alex Stern, Sophia Lanman, Shannon Lin, Diane Wong, Devon Taylor, Alyssa Moxley, Olivia Natt, Daniel Ramirez and Brendan Klinkenberg.
Our theme music is by Jim Brunberg and Ben Landsverk of Wonderly. Special thanks to Sam Dolnick, Paula Szuchman, Lisa Tobin, Larissa Anderson, Julia Simon, Sofia Milan, Mahima Chablani, Elizabeth Davis-Moorer, Jeffrey Miranda, Maddy Masiello, Isabella Anderson, Nina Lassam and Nick Pitman.
Ben Hubbard is the Istanbul bureau chief, covering Turkey and the surrounding region. More about Ben Hubbard
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Describe Your Services or Products. The business plan should have a section that explains the services or products that you're offering. This is the part where you can also describe how they fit ...
A good business plan guides you through each stage of starting and managing your business. You'll use your business plan as a roadmap for how to structure, run, and grow your new business. It's a way to think through the key elements of your business. Business plans can help you get funding or bring on new business partners.
Business Plan: A business plan is a written document that describes in detail how a business, usually a new one, is going to achieve its goals. A business plan lays out a written plan from a ...
Most business plans also include financial forecasts for the future. These set sales goals, budget for expenses, and predict profits and cash flow. A good business plan is much more than just a document that you write once and forget about. It's also a guide that helps you outline and achieve your goals. After completing your plan, you can ...
Learn about the best business plan software. 1. Write an executive summary. This is your elevator pitch. It should include a mission statement, a brief description of the products or services your ...
Step 2: Do your market research homework. The next step in writing a business plan is to conduct market research. This involves gathering information about your target market (or customer persona), your competition, and the industry as a whole. You can use a variety of research methods such as surveys, focus groups, and online research to ...
1. Create Your Executive Summary. The executive summary is a snapshot of your business or a high-level overview of your business purposes and plans. Although the executive summary is the first section in your business plan, most people write it last. The length of the executive summary is not more than two pages.
Step 7: Financial Analysis and Projections. It doesn't matter if you include a request for funding in your plan, you will want to include a financial analysis here. You'll want to do two things here: Paint a picture of your business's performance in the past and show it will grow in the future.
While your plan will be unique to your business and goals, keep these tips in mind as you write. 1. Know your audience. When you know who will be reading your plan—even if you're just writing it for yourself to clarify your ideas—you can tailor the language and level of detail to them.
A business plan should be structured in a way that it contains all the important information that investors are looking for. Here are the main sections of a business plan: 1. Title Page. ... It must be short and to the point, and it should capture the reader's attention. The executive summary should not exceed two pages.
Here are some of the components of an effective business plan. 1. Executive Summary. One of the key elements of a business plan is the executive summary. Write the executive summary as part of the concluding topics in the business plan. Creating an executive summary with all the facts and information available is easier.
Ask your business contacts for referrals (and their fees), and be sure to include those costs in your business plan. 9. Funding request. When outlining how much money your small business needs, try to be as realistic as possible. You can provide a range of numbers if you don't want to pinpoint an exact number.
10 essential components of a business plan. Effective business plans contain several key components that cover various aspects of a company's goals. The most important parts of a business plan include: 1. Executive summary. The executive summary is the first and one of the most critical parts of a business plan.
For a business plan, you must be able to estimate market share for the time period the plan will cover. In order to project market share over the time frame of the business plan, you'll need to ...
This will ultimately drive sales. 6. Organization & Management. This can be broken into separate sections, but both leadership and plans for employees must be addressed. This should include a ...
Determine how you can best reach potential customers. Evaluate your competition. Your marketing plan must set you apart from your competition, and you can't stand out unless you know your ...
A plan should cover all the important matters that will contribute to making your business a success. These include the following: 1. Your basic business concept. This is where you discuss the ...
A business plan is a document that highlights a company's goals, the methods for how it plans to reach its goals and the timeframe in which it needs to achieve them. Companies typically use them to secure funding from investors or form a partnership with another organization. ... They must present the plan to these stakeholders and earn their ...
Below you'll learn five things you must know and do before sitting down to write your business plan: 1. Your business plan is a marketing document. The first thing you must understand before ...
A business plan is an executive document that acts as a blueprint or roadmap for a business. It is quite necessary for new ventures seeking capital, expansion activities, or projects requiring additional capital. It is also important to remind the management, employees, and partners of what they represent. You are free to use this image on your ...
Make sure your plan can easily be modified according to your target audience. For example, banks would focus on balance sheets and statements while your employees will be focused on business goals or market research. You need to be able to make small alterations to serve different purposes.
You can get Social Security retirement benefits and work at the same time. However, if you are younger than full retirement age and make more than the yearly earnings limit, we will reduce your benefits.
Crafting your business plan. A solid business plan is essential for any new business owner. In it, you should outline your business model, identify your ideal clients, and plan effective marketing strategies. Map out the type of photography you want to focus on, estimate your business expenses, and set financial goals. Review and revise your ...
Republican lawmakers also say that Harris would raise taxes, which is only what Biden's 2025 budget plan would do for wealthier households and corporations. The Harris campaign said that she does not support a fracking ban. During the 2020 vice presidential debate, she stressed multiple times that Biden would not end fracking.
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6. What do you need to get started? For many potential partners and investors, this is the bottom line. All businesses have to start somewhere, but that starting line varies dramatically from ...
Review by the Privatisation Committee will determine which SOEs are "strategic" and "essential".
By Daniel Binns, business reporter. The markets in London are this morning up in early trading following yesterday's stock market falls around the world. The FTSE 100 has gained around 0.3%, while ...
BEIJING: China's state planner unveiled details on Tuesday of a three-year plan to upgrade the power system as the country seeks to ramp up renewables and ease the strain of rising power demand on ...
Warning: This episode contains audio of war. Over the past few days, the simmering feud between Israel and the Lebanese militia Hezbollah, has reached a critical moment.