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June 20, 2009

BARNES & NOBLE FLAGSHIP STORE OPENS IN NEW YORK CITY


BARNES & NOBLE

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Photo: Barnes & Noble putting the finishing touches on its 55,000 square foot store in New York City, June 19, 2009, on 86th Street and Lexington Avenue. The flagship store offers more than 400,000 book, music, DVD and magazine titles, the largest Blu-ray selection in Manhattan, expanded children's section offering 5,000 titles and a huge games selection. Serving as a community center, the store will host events throughout the year, including author readings, book clubs and programs with local literary and cultural organizations. (Photo Source: Barnes & Noble, Scott Kahn)


BARNES & NOBLE

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Photo: Hundreds of customers are eager to make their purchases, on the opening day of the new flagship Barnes & Noble on 86th Street and Lexington Avenue in New York City, Friday, June 19, 2009. The bookstore offers more than 400,000 book, music, DVD and magazine titles, the largest Blu-ray selection in Manhattan, an expanded children's section offering 5,000 titles and a huge games selection. (Photo Source: Barnes & Noble, Scott Kahn)


Source: BARNES & NOBLE

|GlobalGiants.com|


Quote

"Never lend books, for no one ever returns them; the only books I have in my library are books that other folks have left me."

-- ANATOLE FRANCE


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Edited & Posted by Editor | 1:39 PM | Link to this Post

June 18, 2009

Fiat Group to sponsor G8 Summit


G8

G8

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Photo: The G8 Summit Venue in L'Aquila, Italy.


Italy, which took over the Presidency of the G8 in January, is responsible for hosting and organizing the annual Summit and also the preparatory meetings ahead of the three-day summit.

[The G8 is not an international organization, nor does it have an administrative headquarters with a permanent secretariat. It is rather a process that culminates in an annual Summit at which the Heads of State and Government of the member countries hold talks with a view to finding solutions of the main world issues.

The main industrialized countries taking part in this process are known as G8 -- the Group of Eight (Canada, France, Germany, Japan, Italy, United Kingdom, Russia, United States of America). Over recent years, the Group of Eight has involved the main countries with emerging economies, known as the Group of Five (G5), in a process of dialogue. The Group of Five (G5) comprises Brazil, China, India, Mexico and South Africa.]

Top management of Fiat has offered the Group's sponsorship of the G8 Summit in L'Aquila, Italy, to the Italian Prime Minister, Silvio Berlusconi.


Fiat Group


Alfa Romeo

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Photo: Fiat Alfa Romeo - Murphy & Nye


Present at the meeting, held at Palazzo Chigi, were the Under Secretaries to the Prime Minister, Gianni Letta and Paolo Bonaiuti, as well as the Chairman of Fiat Group, Luca Cordero di Montezemolo, the Deputy Chairman, John Elkann, and the Chief Executive Officer, Sergio Marchionne.

As a symbol of the Fiat Group's support for the G8, the Prime Minister was presented with an Executive version of the Lancia Delta, made to the exacting standards of comfort and drivability and recently chosen as the Official Car of the 9th World Summit of Nobel Peace Laureates.

Concrete operational support for the Summit, which will be held on July 8, 9 & 10 at the Guardia di Finanza's Camp Coppito, will consist of an entire fleet of vehicles - consisting of 221 passenger cars, electric vehicles, off-road vehicles, commercial vehicles and buses - being made available to the Department of Civil Defense by Fiat Group for transportation of the participants at the G8 Summit.

The fleet will consist of: 90 Lancia Deltas, 85 Fiat Professional light commercial vehicles, 10 Iveco Massif off-road vehicles and an array of electric vehicles, including an Iveco Daily, two Iveco Europolis buses and 33 "GEM e4" vehicles produced by Global Electric Motorcars, part of the Chrysler Group.

A large part of this fleet has already been employed over the past few months at the preparatory ministerial sessions leading up to the Summit which are being held in various cities around Italy on specific topics such as labour, agriculture, the environment, economic development, justice and internal affairs, science and technology, finance and foreign affairs.

With the exception of the electric vehicles, which will be used within the Camp compound, all other vehicles will be used to transfer delegates to and from airports and the L'Aquila heliport. The entire fleet will be managed 24 hours a day by specialized Fiat Group personnel who will provide assistance and maintenance services, including for the armored Lancia Thesis vehicles already in use by the Italian government.

The Fiat fleet for the G8:

90 Lancia Deltas will be used as courtesy cars.


Lancia


Lancia

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Photo: Fiat Lancia Delta


Among these will be several models of the Executive version, designed with users such as businessmen, diplomats and government officials in mind. This version was also chosen at the Official Car for the 9th World Summit of Nobel Peace Laureates, held 11-13 December 2008 in Paris, of which Lancia was the main sponsor.

33 electric-powered "GEM e4" vehicles will be used inside Camp Coppito to transport Heads of State and Heads of Delegation. This zero emissions vehicle is produced by Global Electric Motorcars, part of the Chrysler Group, and has a range of 50km and can fully recharged in just 8 hours from a standard domestic 220v socket.


Fiat Iveco


Iveco

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Photo: Fiat IVECO Daily


Three other electric vehicles, an Iveco Daily for luggage transport and two Iveco Europolis buses, will also be used inside the military compound. Distributor panels equipped with electric sockets have also been provided to recharge these vehicles.


Fiat


Fiat Ducato

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Photo: Fiat Professional Ducato


The 85 Fiat Professional vehicles include 75 Scudo Panorama, Doblò Cargo and Ducato Cargo commercial vehicles and 10 natural gas Fiat Ducato Panorama 140 Natural Power vehicles, which provide high performance, reduced fuel consumption and low emissions.


Iveco Massif

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Photo: Fiat IVECO Massif


The G8 fleet is completed by 10 Iveco Massifs (5-door Station Wagon) already in use by the Civil Defense. This 4x4 vehicle is capable of operating in extreme off-road conditions with gradeability at full-load of 100%.


Fiat

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Photo: Fiat Lingotto Building.


Fiat

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Photo: Fiat Abarth Plant


As a pioneer of the car industry, Fiat built its first car in 1899. Over 90 million cars and light commercial vehicles have been produced since then and many of its models have marked important milestones in motoring history.

Fiat Group Automobiles (FGA) designs, produces and sells automobiles under the Fiat, Alfa Romeo, Lancia and Abarth brands, and light commercial vehicles under the Fiat Professional brand. Each brand has its own unique identity and distinct commercial and marketing practices.

Source: FIAT S.p.A., Turin, Italy.

|GlobalGiants.com|


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Edited & Posted by Editor | 11:27 PM | Link to this Post

June 10, 2009

Nokia N97 Mobile Computer Will Soon Become Available Worldwide


Nokia

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The highly anticipated Nokia N97, Nokia's flagship mobile computer, will begin selling in June in more than 75 countries.

This was announced by NOKIA at its headquarters in FINLAND.

Along with a tilting 3.5" touch display, QWERTY keyboard and a fully customizable home screen, the Nokia N97 will offer instant access to the full range of Ovi services.


Nokia

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"The Nokia N97 is an important step towards our vision of delivering a highly personalized Internet experience," said Jonas Geust, Vice President and head of Nokia Nseries. "Fuelled by a multitude of music, maps, games, media and applications via Ovi, the Nokia N97 transforms the Internet into an experience that's completely tailored to the tastes and interests of its owner."


Nokia

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The Nokia N97 is Nokia's first device to feature a personalizable home screen, which can be customized with a range of widgets which bring live information directly to the device. These widgets include key social networking destinations like Facebook and Hi5, news services like the Associated Press, Bloomberg and Reuters, as well as shopping and weather information. The Nokia N97 is the first device to ship with the Ovi Store, which offers easy access to applications, games, videos, podcasts, productivity tools, web and location-based services, and much more. Ovi Store has paid and free content from a range of global and local content providers and developers, including Paramount Pictures, Facebook and Qik, as well as a selection of Twitter applications.


Nokia

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As with any computer, people can constantly improve and refresh their Nokia N97 with new features, functions and fixes so they can do even more with the device. An exciting roadmap of new features and functions is planned to roll out in the second half of 2009.

The Nokia N97 also has direct access to the huge catalogue of music in the Nokia Music Store. With multiple high-speed connectivity options and 32GB of storage (up to 48GB using a microSD card) it is possible to directly download and store tens of thousands of songs on the handset. And you can listen to your favourite music on the Nokia Bluetooth Stereo Headset BH-905, which Nokia also launched today. This headset brings crystal clear sound, eliminates background noise, and is the ideal accessory for listening to music and making calls on the Nokia N97, as well as being compatible with a diverse range of other mobile and music devices.

High-quality images and video clips at 30 frames per second (fps) can be captured using the 5 megapixel camera with integrated Carl Zeiss optics. Images can also be geo-tagged to specific locations and shared instantly with friends or uploaded online via Ovi Share, Twitter or Flickr.

Source: Nokia Headquarters, Finland

|GlobalGiants.com|


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Edited & Posted by Editor | 6:33 AM | Link to this Post

June 8, 2009

Apple Announces New Products: iPhone 3G S, Updated MacBook Pro, Mac OS X Snow Leopard, and Safari 4 Browser


Apple iphone

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Apple today introduced the new iPhone™ 3G S, which, according to it, (1) is the fastest, most powerful iPhone yet, (2) is packed with incredible new features including improved speed and performance--up to twice as fast as iPhone 3G--with longer battery life, (3) has a high-quality 3 megapixel autofocus camera, and has (4) easy to use video recording and hands free voice control.

iPhone 3G S includes the new iPhone OS 3.0, an advanced mobile operating system with over 100 new features such as Cut, Copy and Paste, Spotlight Search, and landscape keyboard.

"iPhone 3G S is the fastest, most powerful iPhone yet and we think people will love the incredible new features including autofocus camera, video recording and the freedom of voice control," said Philip Schiller, Apple's senior vice president of WorldWide Product Marketing.

iPhone 3G S offers speed and performance that is up to twice as fast as iPhone 3G.

iPhone 3G S features a new 3 megapixel autofocus camera that adjusts focus, exposure, color and contrast for the best possible image and includes an automatic macro focus for extra close up shots. With the new "tap to focus" feature, you simply touch the display to select an object or area of interest and the camera automatically re-adjusts focus and exposure. You can record high-quality video clips and edit them right on your iPhone 3G S by simply trimming the start and stop points.

The voice control feature in iPhone 3G S offers hands free operation for both iPhone and iPod functions. Simply speak the appropriate commands into the built-in microphone or headset microphone to dial by name or number. With voice control you can play your favorite music by artist, album or playlist and activate the Genius feature by saying "play more songs like this." You can also tell iPhone to pause the music, play the next track, turn on shuffle or ask, "What's playing right now?"

iPhone 3G S features a new built-in digital compass for instant navigation. The new built-in digital compass is also integrated within Maps, so it automatically orients any map to the direction you are facing.


Apple Updates MacBook Pro Family with New Models & Innovative Built-in Battery for Up to 40 Percent Longer Battery Life.


Apple Macbook Pro

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Apple today updated the aluminum unibody MacBook Pro line to include 13-inch, 15-inch and 17-inch models featuring Apple's innovative built-in battery for up to 40 percent longer battery life. Each MacBook Pro includes an LED-backlit display with greater color intensity, the innovative glass Multi-Touch™ trackpad, an illuminated keyboard, an SD card or ExpressCard slot, a FireWire 800 port and state of the art NVIDIA graphics.

"Across the line, all of our new MacBook Pro models now include Apple's innovative built-in battery for up to seven hours of battery life, while staying just as thin and light as before," said Philip Schiller, Apple's senior vice president of Worldwide Product Marketing.

The new 13-inch and 15-inch MacBook Pro models include Apple's built-in notebook battery for up to seven hours of wireless productivity on a single charge without adding thickness, weight or cost. Using Adaptive Charging and advanced chemistry first introduced with the 17-inch MacBook Pro earlier this year, the built-in battery delivers up to 1,000 recharges before it reaches 80 percent of its original capacity--nearly three times the lifespan of conventional batteries. The longer battery lifespan equals fewer depleted batteries and less waste.


Apple Unveils Mac OS X Snow Leopard.


Apple

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Apple today unveiled Mac OS X Snow Leopard™ a powerful and refined advanced operating system.

"We've built on the success of Leopard and created an even better experience for our users from installation to shutdown," said Bertrand Serlet, Apple's senior vice president of Software Engineering. "Apple engineers have made hundreds of improvements so with Snow Leopard your system is going to feel faster, more responsive and even more reliable than before."


Apple Releases Safari 4--Fast & Innovative Browser.


Safari

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Apple today released Safari 4. Available for Mac and Windows PCs and introduced as a beta in February of this year, Safari 4 features the Nitro engine which runs JavaScript up to 4.5 times faster than Safari 3. Safari 4 makes browsing more intuitive and enjoyable with innovative features, such as Top Sites, Full History Search and Cover Flow, and support for modern web standards like HTML 5 and advanced CSS Effects.


Safari4

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"The successful beta release helped us fine tune Safari 4 into an even better, faster version that customers are going to love," said Philip Schiller, Apple's senior vice president of Worldwide Product Marketing. "Safari is enjoyed by 70 million users worldwide and with its blazing fast speed, innovative features and support for modern web standards, it's the best browser on any platform."

Safari 4 includes Top Sites, for a visual preview of frequently visited and favorite pages; Full History Search, to search through titles, web addresses and the complete text of recently viewed pages; and Cover Flow, to easily flip through web history or bookmarks. Other innovative features include Smart Address Fields for automatically completing web addresses from an easy to read list of suggestions; Search Fields, to fine tune searches with recommendations from Google Suggest or a list of recent searches; and Full Page Zoom, for a closer look at any website without degrading the quality of the site's layout and text.

Source: Apple

|GlobalGiants.com|


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Edited & Posted by Editor | 8:25 PM | Link to this Post

June 3, 2009

U.S. Chamber of Commerce to Monitor GM and Chrysler Restructuring


Cars

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Photo: Evolution of Motor Car: The original Benz patent motor car of 1888 in the Dr. Carl Benz Automotive Museum in Ladenburg, Germany. (Photo © Daimler AG)

Thomas J. Donohue, President and CEO of the U.S. Chamber of Commerce, has issued the following statement on the U.S. Federal Administration's plan to restructure General Motors and the impending ruling on Chrysler:

"The future success of General Motors and Chrysler ultimately depends on whether they can profitably design and build cars that Americans and other consumers actually want to buy.

Our biggest concern with the restructuring plan announced today is the potential for governments and unions to influence production, product, workforce, and management decisions in ways that could jeopardize the automakers' chances for survival, put politics and special interests above sound business strategy, and disrupt our nation's trading relationships across the world.

For example, the UAW has said that it pressured GM to change where the company plans to produce a new line of smaller cars. And as part of the GM restructuring, the administration has reportedly closed the U.S. market to Opel and blocked Opel's forays into China so it could not compete with GM -- clear examples of market manipulation and protectionism.

If members of Congress, along with government officials from the United States to Germany to Canada, are allowed undue influence over management's decisions, then you can write this down: These companies will not return to profitability and their survival will be seriously challenged. The global talent that exists in the automotive sector must be allowed to do its job and be paid on a competitive basis. Management must be permitted to make tough decisions in a competitive global market without political interference.

So going forward, the U.S. Chamber will carefully monitor the activities of the new GM and Chrysler boards, and we will expose and fight any counterproductive influence by government, unions, or politicians over decisions that should be left to management. And we will continually insist that government reduce and eliminate its ownership stake as soon as possible."

(The U.S. Chamber is the world's largest business federation representing more than 3 million businesses and organizations of every size, sector, and region.)

Source: U.S. Chamber of Commerce

|GlobalGiants.com|


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Edited & Posted by Editor | 2:39 PM | Link to this Post

May 28, 2009

Microsoft Introduces New Search Engine: BING


Bing Helps People Make Better Decisions, says Microsoft.


Corporation


Bing Microsoft


Microsoft Corp. today unveiled Bing, a new Decision Engine and consumer brand, "providing customers with a first step in moving beyond search to help make faster, more informed decisions".

According to Microsoft, Bing is specifically designed to build on the benefits of today's search engines but begins to move beyond this experience with a new approach to user experience and intuitive tools to help customers make better decisions, focusing initially on four key vertical areas:


• Making a purchase decision.

• Planning a trip.

• Researching a health condition.

• Finding a local business.


This new approach is a beginning for a new kind of search service, which Microsoft is calling a Decision Engine that is designed to empower people to gain insight and knowledge from the Web by moving more quickly to important decisions.


Bing Microsoft

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The explosive growth of online content has continued unabated, and Bing was developed as a tool to help people more easily navigate through the information overload that has come to characterize many of today's search experiences, explains Microsoft.

"Today, search engines do a decent job of helping people navigate the Web and find information, but they don't do a very good job of enabling people to use the information they find," said Steve Ballmer, Microsoft CEO. "When we set out to build Bing, we grounded ourselves in a deep understanding of how people really want to use the Web. Bing is an important first step forward in our long-term effort to deliver innovations in search that enable people to find information quickly and use the information they've found to accomplish tasks and make smart decisions."


Bing Search


Bing Search


Based on the customer insight that 66 percent of people are using Internet search more frequently to make complex decisions, Microsoft identified three design goals to guide the development of Bing:

• Deliver great results.

• Deliver a more organized experience.

• Simplify tasks and provide insight, leading to faster, more confident decisions.

"The new service, built to go beyond today's search experience, includes deep innovation on core search areas including entity extraction and expansion, query intent recognition and document summarization technology as well as a new user experience model that dynamically adapts to the type of query to provide relevant and intuitive decision-making tools," claims Microsoft.


The new service, located at http://www.bing.com/, will begin to roll out over the coming days and will be fully deployed worldwide on Wednesday, June 3, 2009. It is only then that one can find out whether Bing is really a "Decision Engine" as Microsoft proclaims.

Source: Microsoft Corporation


Quote

"Science is organized knowledge. Wisdom is organized life."

-- Immanuel Kant


Our Opinion

[Added June 25, 2009]

"Bing is overtaking Google. But Google has the Best Database."

© GlobalGiants.Com. All Rights Reserved.


|GlobalGiants.com|


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Edited & Posted by Editor | 8:42 PM | Link to this Post

May 20, 2009

RENAULT: OFFICIAL SPONSOR OF THE 62nd CANNES FILM FESTIVAL


Renault


Renault

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Photo: Renault Vel Satis, official car of the Cannes Film Festival. (Credits: Stéphane Kossmann)


French automaker Renault has fostered the growth of the Cannes Film Festival for 26 years. This year too, since May 13, 2009, a fleet of about hundred vehicles, including 70 Vel Satis and 30 Espace, are driving the actors and Festival guests to and from the red-carpeted steps. In addition, about a dozen Kangoo be bop are supplementing the official fleet.


Cannes Renault

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Photo: Kristin Scott Thomas, getting out of Ranault Vel Satis. (Credits: Stéphane Kossmann)


Cannes Renault

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Photo: Hafsia Herzi, french actress who declared opened the 62nd Cannes Film Festival with Charles Aznavour. (Credits: Stéphane Kossmann)


The relationship between Renault and the movie industry is more than a century old. According to the company, Louis Renault's Voiturette appeared in early films in 1899, when the first film studios were built in Boulogne-Billancourt at the same time as the first Renault factory on the Ile Seguin.

Renault informs that it is continuing its commitment to film and television production today through an active policy of sponsorship and product placements. Several models from the Renault range are in the films in the Festival's official selection, such as Les Herbes Folles by Alain Resnais.


Cannes Renault

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Photo: Renault New Grand Scénic painted in the colors of Up, the opening film of the 62nd Cannes Film Festival. (Credits: Stéphane Kossmann)


Cannes Renault

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Photo: Renault New Grand Scénic painted in the colors of Up, the opening film of the 62nd Cannes Film Festival. (Credits: Stéphane Kossmann)


This year, Renault, and especially the latest model in the range, New Grand Scénic, is also teaming up with Disney Pixar and the 3D animated feature Up, screened at the Opening Ceremony. According to Renault, the arrival of members of the Disney teams in front of the red carpet on board the three New Grand Scénic models decked out in the colors of the film marks the beginning of an international collaboration in communications interfaces that spans more than 20 countries and that is boosting traffic in Renault showrooms.

The Atelier Renault situated at the Champs Elysées has also been set up in Cannes for the 62nd festival. Located on the beachfront of the Majestic, in the middle of the Cannes atmosphere, the Atelier is open to all visitors and is exhibiting photography featuring celebrities from around the world mounting the famous Steps.

Source: Renault

|GlobalGiants.com|


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Edited & Posted by Editor | 6:03 AM | Link to this Post

April 28, 2009

Large Increases in use of Online Newspapers: Center for the Digital Future


Center director Jeffrey Cole: "greatest opportunities in their existence" await newspapers that can move decisively online.


Online Newspaper


According to the annual survey conducted by the Center for the Digital Future at USC's Annenberg School for Communication, in a year when the woes of newspapers -- layoffs, consolidations, and outright closings -- are more extensive than in any period in memory, strong evidence of the changing nature of media use in America may be found in a single statistic: Internet users report a large increase in time reading online newspapers.

In questions about reading online and print newspapers -- key elements of the eighth annual comprehensive study of the impact of online technology on America -- the Digital Future Project found that Internet users read online newspapers for 53 minutes per week, the highest level thus far in the Digital Future studies.

In contrast, Internet users in 2007 reported 41 minutes per week reading online newspapers.

The Digital Future Project also found that 22 percent of users said they stopped their subscription to a printed newspaper or magazine because they could access the same content while online.

"The most significant trend about how Americans are changing their news reading habits may be found in comparing the use of online media by light users vs. heavy users," said Center director Jeffrey I. Cole. "Heavy Internet users spent 65 more minutes per week reading online newspapers than do light users.

"This raises the question: how will the media habits of the current generation of light users change as online content continues to expand?" Cole said. "What ramifications will these changes have for the newspapers of America?"


Online Newspapers


"We're clearly now seeing a path to the end of the printed daily newspapers -- a trend that is escalating much faster than we had anticipated," Cole said. "The decline of newspapers is happening at a pace they never could have anticipated. Their cushion is gone, and only those papers that can move decisively to the Web will survive."

Cole cited four primary reasons for the rapid decline of printed newspapers: the loss of newspaper classified advertising to the digital realm, concerns about the environmental impact of newspapers, the economic downturn, and no prospects for new readers.

"With classified ads all but gone, newspapers had two major types of advertisers: car dealers and department stores," Cole said. "Those advertisers are withering away."

The findings are not unique to the United States. The World Internet Project, created by the Center for the Digital Future, conducts studies of the impact of online technology in 23 partner countries. Every partner has found the same trend in its country: when Internet use reaches 30 percent of the population, newspaper use begins to decline.

"Thirty years ago, teenagers began to read newspapers as they reached their adult years. Today, teenagers don't read printed newspapers, and research indicates they never will," Cole said. "Yet we've found that teens are more interested in news than any generation we've seen in a long time, only now online sites are their news sources.

"Our study has shown over the years that the future is clear," said Cole. "When newspaper readers die, they aren't being replaced by new readers."


OnlineNewspapers-003.jpg


Opportunities for Newspapers

In spite of grim prospects, significant bright spots remain for newspapers, Cole said, including "the greatest opportunities in their existence."

"For the first time in 60 years, newsepaprs are back in the breaking news business," Cole said, "except now their delivery method is electronic and not paper."

"Since the beginning of radio, newspapers have not been able to compete with broadcasting for delivery of immediate news," said Cole. "But in a digital world, newspapers can compete at least as effectively for breaking news delivery with broadcast media. On the Web, newspapers are live, and they can supplement their coverage with audio, video, and the invaluable resources of their vast archives. And, they already have talented teams of reporters and editors who can deliver the news."

"The key to newspapers' success," said Cole, "will be making bold moves entirely into the digital realm, and building business models that allow them to thrive online."

In addition, print newspapers still have strong brand identities and reader loyalty, suggesting they may not be finished yet.

In fact, while the Digital Future Project found increased reading of media content online, the study also found that a large percentage of Internet users remain loyal to print versions of newspapers. When asked if they would miss the print edition of their newspaper if it were no longer available, 61 percent those who read newspapers offline agreed -- up from 56 percent in 2007.

The Center for the Digital Future at the USC (University of Southern California) Annenberg School for Communication created and organizes the World Internet Project, which includes the Digital Future Project and similar studies in North America, South America, Europe, Asia, the Middle East, and Oceania. Since 2000, the Digital Future Project has examined the influence of the Internet and online technology on Americans.

Source: The Center for the Digital Future

|GlobalGiants.com|


Quote

"You can never get all the facts from just one newspaper, and unless you have all the facts, you cannot make proper judgements about what is going on."

-- Harry S. Truman


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Edited & Posted by Editor | 1:37 PM | Link to this Post

April 27, 2009

Web Dominated the Pulitzer Prize-Winning Breaking News Stories: Nieman Journalism Lab


Pulitzer Prize


According to Nieman Journalism Lab at Harvard University, the three newspapers honored by the Pulitzer Prize Board for breaking news all shared a common thread: They used the Web as their primary outlet, not ink-on-paper.

The New York Times -- which won the prize -- and finalists the Houston Chronicle and the St. Louis Post-Dispatch each shifted to a web-first mentality when faced with big breaking news. That was true whether the news was a prostitution scandal (Times), a hurricane (Chronicle), or a shooting (Post-Dispatch).

"We cover news any way people need news," Chronicle editor Jeff Cohen told the Nieman Journalism Lab at Harvard. "We cover it online, analog, digital, straight media -- any way you can serve it up, our staff is serving it up."


Pulitzer Prize


Pulitzer Prize


"The Internet has brought forth an unprecedented flowering of news and information," explains the Harvard Lab. "But it has also destabilized the old business models that have supported quality journalism for decades. Good journalists across the country are losing their jobs or adjusting to a radically new news environment online. We want to highlight attempts at innovation and figure out what makes them succeed or fail. We want to find good ideas for others to steal. We want to help reporters and editors adjust to their online labors; we want to help traditional news organizations find a way to survive; we want to help the new crop of startups that will complement -- or supplant -- them."

The Nieman Journalism Lab is a project at Harvard University to figure out the future of quality journalism online.

Source: Nieman Journalism Lab

|GlobalGiants.com|


Quote

"I am deeply interested in the progress and elevation of journalism, having spent my life in that profession, regarding it as a noble profession and one of unequaled importance for its influence upon the minds and morals of the people."

-- Joseph Pulitzer


Quote

"Journalism is popular, but it is popular mainly as fiction. Life is one world, and life seen in the newspapers is another."

-- Gilbert K. Chesterton


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Edited & Posted by Editor | 6:06 AM | Link to this Post

April 26, 2009

Whooping Cough: "Sounds of Pertussis" Campaign Spokesperson Jennifer Lopez Kicks Off March of Dimes March For Babies In Miami


JENNIFER LOPEZ

View Larger Picture

Photo: Jennifer Lopez, Honorary Chairperson of the March of Dimes March for Babies 2009, and spokesperson for the organization's new public service announcement (PSA) campaign on the need for adult pertussis immunization, supports walkers at the March for Babies walk in Miami on April 25. (Sanofi Pasteur)


The March of Dimes and sanofi pasteur have launched a U.S. national education campaign to raise awareness about pertussis and help parents learn how they can help protect themselves and reduce the risk of spreading pertussis to their babies, for whom this disease can be potentially deadly.

As part of the Sounds of Pertussis campaign, actress, singer, entrepreneur, philanthropist and mother Jennifer Lopez has kicked off the March of Dimes March for Babies 2009 season as honorary chairperson for this year's event. While in Miami she continued to advocate the campaign's goal to educate families about getting vaccinated with the adult pertussis booster, which can help to protect adults from getting pertussis and transmitting the disease to their babies.

Commonly known as "whooping cough," pertussis is a highly contagious respiratory disease characterized by severe coughing. Pertussis is particularly dangerous for babies who have not yet been fully vaccinated against the disease. Infants are more vulnerable to severe pertussis and face the possibility of serious complications, including death. Researchers looking at how infants have caught pertussis have found that in about half of the cases where a source could be identified, the disease was transmitted by a parent. Parents can help protect themselves from pertussis and reduce the risk of transmitting pertussis to their babies by getting a Tdap booster.

Sources: March of Dimes & Sanofi Pasteur

|GlobalGiants.com|


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Edited & Posted by Editor | 9:15 AM | Link to this Post

April 23, 2009

Volvo Ocean Race 2008-09 - Leg 6 - Rio de Janeiro to Boston


The Volvo Ocean Race 2008-09 is the 10th running of this ocean marathon. Starting from Alicante in Spain, on 4 October 2008, it is, for the first time, taking in Cochin, India, Singapore and Qingdao, China before finishing in St Petersburg, Russia for the first time in the history of the race. Spanning some 37,000 nautical miles, visiting 11 ports over nine months, the Volvo Ocean Race is a leading global ocean yacht race for professional racing crews.


VOLVO OCEAN RACE

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Photo: Battling for position, at the start of Leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. The fleet heads out in light winds but a huge swell. (Dave Kneale/Volvo Ocean Race)


VOLVO OCEAN RACE

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Photo: The start of Leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. The fleet heads out in light winds. (Rick Tomlinson/Volvo Ocean Race)


VOLVO OCEAN RACE

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Photo: Ericsson 3, skippered by Magnus Olsson (SWE) at the start of leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. (Rick Tomlinson/Volvo Ocean Race)


VOLVO OCEAN RACE

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Photo: PUMA Ocean Racing, skippered by Ken Read (USA) at the start of leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. (Dave Kneale/Volvo Ocean Race)


VOLVO OCEAN RACE

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Photo: Telefonica Blue, skippered by Bouwe Bekking (NED) at the start of leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. (Dave Kneale/Volvo Ocean Race)


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Edited & Posted by Editor | 11:19 AM | Link to this Post

April 21, 2009

Powwow: World's Largest Gathering of Native Americans


Hundreds of Thousands of People to Celebrate Music, Art and Culture.


POWWOW

ENLARGE

Photo: More than 3,000 Native American dancers dressed in colorful outfits adorned with feathers, bells, jingles and fringes enter the University of New Mexico University Arena (known as "The PIT") as part of the "Grand Entry" for the world's largest gathering of Native American and indigenous people at the 26th Annual Gathering of Nations held in Albuquerque, NM between April 23 and 25, 2009.


The world's largest gathering of Native American and indigenous people will take place in Albuquerque, New Mexico, USA, between April 23 and 25, 2009 at The 26th Annual Gathering of Nations, the most prominent Native American powwow in the world. The event will be held at the University of New Mexico's University Arena (known locally as "The Pit") and will host more than 150,000 people and more than 500 tribes from throughout the United States and around the world celebrating their culture and traditions.

The Gathering of Nations' three-day event will include 36 different indigenous bands performing in an amphitheatre. The musical genres include country, reggae, rhythm and blues, hip-hop, rock 'n' roll, and more. In addition, more than 3,000 Native American singers and dancers will be entertaining a capacity crowd, and more than 600 Native American artisans, craftsmen and traders will be displaying and selling their work.

As part of the Gathering of Nations, a young Native American woman will be crowned Miss Indian World and represent all native and indigenous peoples as a cultural goodwill ambassador. Twenty-six Native American women representing their different tribes and traditions will compete for the title in the areas of tribal knowledge, dancing ability, and personality assessment.

The "Grand Entry" begins at noon on Friday, April 24 with more than 3,000 Native American dancers dressed in colorful outfits adorned with feathers, bells, jingles, and fringes enter the arena to the sounds of hundreds of drums beating simultaneously.

Source: Gathering of Nations

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April 5, 2009

New York Auto Show Features Latest Concept Cars, Electric Vehicles, Hybrids, Showroom-Ready Cars, Trucks and More


NY Auto Show


BMW

Photo: BMW X6M at the 2009 New York International Auto Show.


GMC-TERRAIN

Photo: GMC Terrain at the 2009 New York International Auto Show.


ACURA

Photo: Acura ZDX at the 2009 New York International Auto Show.


LAND ROVER

Photo: Land Rover LRT at the 2009 New York International Auto Show.


SCION

Photo: Scion iQ at the 2009 New York International Auto Show.


SUBARU

Photo: Subaru Outback at the 2009 New York International Auto Show.


VOLKSWAGEN

Photo: Volkswagen Golf named 2009 Car of the Year at the 2009 New York International Auto Show.


MITSUBISHI

Photo: Mitsubishi i-MiEV at the 2009 New York International Auto Show.


MAZDA

Photo: Mazda CX-7 at the 2009 New York International Auto Show.


HYUNDAI

Photo: Hyundai Nuvis at the 2009 New York International Auto Show (NYIAS).


KIA MOTORS

Photo: Kia Motors Debuts All-New Stylish Forte Koup at 2009 NYIAS.


At this year's New York Auto Show, new cars and trucks include state-of-the-art safety innovations, impressive fuel efficiency developments, radical drive train technology advancements and cutting-edge design. They include showroom ready vehicles and concept cars that designers have spent months, sometimes years, perfecting. So if you're looking for a small car that makes a big impression, something fun, fast and frugal, or you want to get plugged into a hybrid or electric vehicle, there is no better place to research your next new car or truck than the 2009 New York International Automobile Show. The Show opens to the public on Friday, April 10th through April 19th at the Jacob K. Javits Convention Center in Manhattan.

"Many of this year's models have combined futuristic design with technologically advanced drive-trains to produce vehicles that are totally unique in the way they look and drive," said show president, Mark Schienberg. "Others use today's most fuel efficient engines in vehicle designs that don't conform to any vehicle style known today, creating new segments that will be the vehicles of tomorrow," Schienberg added.

Here's a look at some of this year's new cars and trucks:

Electrics & Hybrids

[Electric] MINI E: The all-electric MINI E's unique engine and transmission arrangement powers the MINI E seamlessly to 62 mph in 8.5 seconds. Based on the current MINI, the E is a two-seater as the space normally inhabited by rear passengers is reserved for a lithium-ion battery. The E's lithium-ion battery can be plugged into all standard power outlets and the E has a range of 156 miles under ideal driving conditions.

[Hybrid] LEXUS HS 250h: The 2010 Lexus HS 250h is the world's first dedicated luxury hybrid vehicle and the most fuel-efficient vehicle in the Lexus lineup. It will also be the first Lexus to utilize carbon-neutral Ecological Plastic materials in a new futuristic cockpit and interior design. Equipped with Lexus' first four-cylinder gas engine, the 2.4-liter powerplant is part of the latest Lexus Hybrid Drive System, which generates 187 total system horsepower.

[Electric] Fisker Karma: The Fisker Karma gets an average 100mpg, can go 0-60 in about 6 seconds and has a top speed of 125mph. Its Lithium-ion batteries will power the car for 50 miles after being fully charged from any 110 or 220v outlet. After 50 miles, a generator powered by a small gasoline engine provides the energy needed to turn the Karma's two electric motors.

[Hybrid] Ford Fusion Hybrid: The 2010 Ford Fusion Hybrid includes new aerodynamic enhancements and underbody shields to help boost Fusion's fuel economy to a class-leading 41 mpg rating in the city and 36 mpg on the highway. The Fusion Hybrid also debuts Ford's SmartGauge with EcoGuide, a unique instrument cluster that helps coach drivers on how to optimize the fuel efficiency of their vehicles.


Honda Insight

Photo: Honda Insight


[Hybrid] Honda Insight: The all-new distinctively styled, five-passenger, five-door Honda Insight is powered by an Integrated Motor Assist(TM) (IMA(TM)) system comprised of a 1.3-liter i-VTEC(R) gasoline engine and a 10-kilowatt electric motor that together contribute to an city/highway fuel economy rating of 40/43 miles per gallon . The Insight features the Ecological Drive Assist System (Eco Assist(TM)), an innovation that can further enhance efficient vehicle operation while providing feedback related to individual driving styles. The all-new Insight has a suggested retail price (MSRP) of $19,800 for the LX model.


Chevrolet Volt

Photo: The Chevrolet Volt in the Battery Lab at the General Motors Tech Center in Warren, Michigan Wednesday, October 15, 2008. (Photo by John F. Martin for General Motors)


[Electric] Chevrolet Volt: Chevy Volt is designed to move more than 75 percent of America's daily commuters without a single drop of gas. That means for someone who drives less than 40 miles a day, Chevy Volt will use zero gasoline and produce zero emissions. Unlike traditional electric cars, the Volt has an innovative propulsion system that takes you beyond the power of the battery. It will use a lithium-ion battery with a gasoline-powered, range-extending engine that drives a generator to provide electric power when you drive beyond the 40-mile battery range. Inside, the Volt offers the space, comfort, convenience and safety features that customers expect in a four-passenger sedan.

[Hybrid] Toyota Prius: The new generation Prius is bigger, more powerful yet more economical than the model it replaces making it the most fuel efficient and aerodynamic car available in the US. With a combined 50 mpg, the Prius is available with high-tech features that include a solar-powered ventilation system, remote a/c, Lane Keep Assist, Intelligent Parking Assist, and three driving modes including electric-only.

Concept Cars


Cadillac Converj

Photo: James Gasparotto of General Motors Design with the Cadillac Converj electric luxury coupe concept at the North American International Auto Show in Detroit, Michigan Tuesday, January 13, 2009. The four-passenger vehicle will provide up to 40 miles of gas-and-emissions-free electric driving with extended-range capability of hundreds of miles. (Photo by John F. Martin for General Motors)


Cadillac Converj: The Cadillac Converj was designed to give a glimpse at the potential of electric propulsion in a luxury vehicle. The well-appointed grand touring coupe features GM's electric propulsion technology -- called Voltec -- that can get up to 40 miles of gas- and emissions-free electric driving with extended-range capability of hundreds of miles. When the battery's energy is low, the Converj seamlessly switches to extended-range mode. During this secondary level of operation, electricity needed to power the vehicle is created on-board by a flex-fuel-powered engine.

Chrysler 200C EV: The all-new Chrysler 200C EV concept is capable of driving up to 40 miles on battery-only power, but a small gasoline engine and integrated electric generator that produces electricity extends its driving range to 400 miles. On the inside, the 200C EV's interior is free of switches and levers. All vehicle functions, settings and u-connect features are managed via a panoramic multimedia touch screen, a passenger-dedicated "techno-leaf" and a stowable tablet PC.

2009 Suzuki

Photo: 2009 Suzuki SX4 Sport


Suzuki SXForce: Reinforcing the link between the company's rich motorcycle heritage and versatile line of fun-to-drive automobiles, Suzuki introduces the SXForce, a sportbike-inspired concept car. The fully drivable, track-tested 250-horsepower, 2.0-liter, turbocharged SX4 Sport concept includes a fully tuned performance suspension system, F1-style outlet gills to help underhood air flow, tailored rear bodywork with carbon fiber diffuser, Carbontrix rear wing, Tein coilover suspension height and damper setup, and reinforced structure to further enhance rigidity for optimal handling.

Lincoln C concept: Designed with today's upscale, urban consumer in mind, the Lincoln C concept brings the luxury of a large Lincoln to a smaller, more efficient C-sized car. The C is powered by a 1.6-liter EcoBoost engine and an all-new dry, dual-clutch PowerShift six-speed transmission which helps it achieve 43 mpg on the highway, while offering up an impressive 180 horsepower.

Dodge Circuit EV: This brand new all-electric sports car concept from Dodge delivers high performance with zero gasoline consumption, zero tailpipe emissions and 150-200 mile driving range. Propelled by a completely electric drivetrain, the Dodge Circuit EV races from 0-60 mph in less than 5 seconds and has a top speed of more than 120 mph. The Circuit EV utilizes three powertrain components, including a 200 kW (268 horsepower) electric motor to drive the wheels, an advanced lithium-ion battery system to power the electric-drive motor, and a controller that manages energy flow.

Today's Newest Cars & Trucks


Buick

Photo: Jeff Nasca (l to r), Mike Pevovar, Richard Duff and Justin Thompson of General Motors Design with the 2010 Buick LaCrosse luxury sedan at the North American International Auto Show in Detroit, Michigan Tuesday, January 13, 2009. The Buick LaCrosse will feature all wheel drive, a suite of advanced intelligent personal technologies and safety features, and a choice of two fuel-saving V-6 engines. LaCrosse production will begin this summer at the Fairfax Assembly facility in Kansas City, Kansas.


Buick LaCrosse: Redesigned from the ground up, the 2010 Buick LaCrosse features sculpted styling, premium interior materials with cool blue ambient lighting, and responsive performance. The LaCrosse also features all wheel drive and QuietTuning, and intelligent technologies that work to deliver a 360-degree field of vision behind the steering wheel including a head-up display in the windshield, and a Side Blind Zone alert system.

Cadillac SRX: The new SRX is a mid-size luxury crossover featuring a completely new design and more-efficient, high-technology engine choices. It is powered by a new 3.0L direct injected V-6 engine or a 2.8L turbocharged V-6. Direct injection enables a 25-percent reduction in hydrocarbon emissions. Performance and safety are enhanced by an available all-wheel-drive (AWD) system.

BMW 7 Series: The fifth generation BMW 7 Series is powered by a 4.4-liter, twin-turbocharged 400hp V-8 mated to a 6-speed automatic transmission. The new 7 has an array of innovative driver-assistance options such as Active Cruise Control with new stop-and-go capability; Lane Departure Warning, Active Blind Spot Detection, Head-up Display, High Beam Assistant and BMW Night Vision with new Pedestrian Detection.


Cadillac CTS

Photo: The dramatically-designed 2010 Cadillac CTS Sport Wagon makes its European premiere at Paris, followed by production launch in spring of 2009.


Cadillac CTS Wagon: The all-new CTS Sport Wagon is intended to connect with the changing priorities of luxury consumers by delivering significant increases in functionality. The CTS is about the same size as the CTS sport sedan, although it nearly doubles its carrying capacity, with a generous cargo area of 25 cubic feet behind the rear seats.

Nissan Cube

Photo: Nissan Cube


Nissan Cube: The fashionable and functional new 1.8-liter Nissan cube provides the utility and dependability consumers expect in a small car including wide doors, large greenhouse with wraparound rear window, and a refrigerator-style rear door combined with a roomy five passenger interior.


Ford

Photo: 2010 Ford Taurus SHO at 2009 Chicago Show


Ford Taurus: Ford's new flagship, the 2010 Taurus, will start at $25,995 and features an impressive suite of technologies never before offered in the non-premium large car segment including Cross Traffic Alert, Collision Warning, MyKey(TM) parental programmability, EasyFuel(TM) capless refueling, SecuriCode(TM) Keyless Entry, Ford SYNC(R) and Voice-Activated Navigation with SIRIUS(R) Travel Link(TM). Other features new to Taurus include Adaptive Cruise Control, Blind Spot Information System (BLIS(TM)), Rain-Sensing Wipers and Intelligent Access with Push Button Start.

Lincoln MKT: The all-new Lincoln MKT is a three-row tourer that delivers an impressive blend of fuel economy, performance, technology and spaciousness. The MKT includes many new technologies including available Adaptive Cruise Control, Collision Warning with Brake Support, Active Park Assist, and Blind Spot monitoring.

Nissan 370Z: The newly redesigned Nissan 370Z is more refined, more powerful, and even better handling. Powered by a 332-horsepower 3.7-liter DOHC V6 engine with Variable Valve Event and Lift Control (VVEL), the new Z also features a new 7-speed automatic transmission, and a world's first synchronized downshift rev matching system for the 6-speed manual transmission.


Chevrolet

Photo: 2010 Chevrolet Camaro.


Chevrolet Camaro: The 2010 Camaro is a heritage-inspired sports car for the 21st century, combining muscle car looks and performance with advanced technology and surprising efficiency -- including 26-mpg estimated highway fuel economy. The rear-wheel-drive Camaro comes with either a V6 or V8 direct injection engine with Active Fuel Management to enable a satisfying balance of exhilarating performance and good fuel economy.

Infiniti G Convertible: The first-ever Infiniti G Convertible is powered by a 3.7-liter V6 325 horsepower engine and features a three-piece folding steel top and a special convertible-focused interior, which features a unique Bose(R) Open Air Sound System that dynamically changes equalization based on outside noise, vehicle speed, and top position.

Volvo XC60: The new XC60 is a crossover vehicle is powered by a 3.0-liter turbocharged engine and features a unique system called City Safety which can help the driver avoid low speed collisions when driving in slow moving, stop and go traffic. The laser-based technology continually monitors the area in front of the vehicle and can brake automatically to help avoid or mitigate a collision.


KIA SOUL

Photo: Kia Soul at the 2009 New York International Auto Show (NYIAS).


KIA Soul: The fun all-new five-passenger Kia Soul which starts at $13,995 (including delivery) is available in four trims: Soul, Soul+, Soul! and Soul sport and features big-car standard and optional equipment such as keyless entry remote, solar glass, and power sunroof. It is powered by either a four-cylinder 1.6-liter or a 2.0-liter engine producing 122 and 142 horsepower respectively.

Audi Q5: The all-new Q5 SUV with its sporty proportions and muscular stance features a 3.2 V6 FSI direct injection engine, quattro(R) all wheel drive, and a six speed Tiptronic transmission, and achieves city fuel economy of 18 mpg with 23 mpg highway.

Dodge Challenger R/T Classic: The Dodge Challenger R/T Classic delivers a menacing look with its dual throwback A-line body-side R/T stripes, 'Challenger' fender badging in classic script, large 20-inch polished-chrome heritage wheels, classic egg-crate grille with heritage 'R/T' badge, body-color rear spoiler and chromed fuel-filler door. Performance comes from a 5.7-liter HEMI(R) V-8 engine under a long, raised performance hood with functional hood scoops to increase engine cooling.


Mercedez Benz

Photo: Mercedes-Benz E-Class: E 63 AMG with 386 kW/525 hp and AMG SPEEDSHIFT MCT 7-speed sports transmission


Mercedes Benz E-Class and E-Coupe: With the new E-Class and E-Coupe, Mercedes-Benz combines safety, comfort and environmental compatibility with 20 new technical developments including innovations for safe driving such as Attention Assist and Automatic Emergency Braking, which is activated when there is acute danger of a collision. The new E-Class models are also the first automobiles in the world with headlamps that adapt to the traffic situation and respond automatically to avoid dazzling other drivers.

Audi A5 convertible: The new A5 Cabriolet is a four-seat open top Audi that has a classic fabric top -- which endows it with a striking silhouette -- which opens in 15 seconds. An acoustic top, neck-level heating and leather seats coated with a special layer to reduce solar heating are just some of the features of the sporty, elegant new A5 model.

Bentley Continental Supersports: The Continental Supersports is the fastest and most powerful Bentley ever. The extreme Bentley, a muscular two-seater that delivers supercar performance and a highly focused driving experience, is also the first Bentley capable of running on both gasoline and biofuel. With 621 bhp and new 'Quickshift' transmission that halves shift times, the Supersports sets new performance benchmarks for Bentley. It accelerates from 0-60 mph in 3.7 seconds onto a top speed of 204 mph.

MAZDASPEED3: The MAZDASPEED3 sport compact pushes Mazda design further and its exciting driving performance perfectly represents Mazda's Zoom-Zoom spirit. Carrying forward the MZR 2.3 DISI Turbo engine, Mazda3 MPS builds on the popularity and recognition of the previous model. It evolves the driving experience to an entirely new level of quality and pleasure with its emotional design and exhilarating performance.


PORSCHE

Photo: Porsche 911 GT3 at the 2009 New York International Auto Show (NYIAS).


Porsche 911 GT3: The lightweight 435-horsepower next generation 911 GT3 features a larger 3.8-liter boxer six-cylinder engine with an enhanced VarioCam system, larger yet lighter brakes, and new one-piece centerlock wheels, all of which boost performance over the previous model. Technical developments like innovative dynamic engine mounts, updated aerodynamics that increase downforce by over 100% and a special version of the Porsche Stability Management (PSM) system all help make this latest iteration the most dynamic 911 GT3 to date.

Ford Shelby GT500: The most-distinctive model of the new 2010 Mustang lineup, the 2010 Shelby GT500 is powered by a supercharged and intercooled 5.4-liter dual overhead cam V-8 engine that produces 540 horsepower and 510 foot-pounds of torque. The Mustangs aggressive new exterior design features new functional details, such as the hood extractor to remove heat from the engine and "Gurney Flap" spoiler to tune rear downforce.

Jaguar XFR and XKR: Jaguar's new XFR and XKR models deliver a superb balance of high performance, dynamic ability and refinement. Both models are powered by an all-new supercharged 5.0-liter 510bhp V8 with acceleration from 0-60mph in just 4.7 seconds and 4.6 seconds respectively.


VOLKSWAGEN

Photo: Volkswagen GTI at the 2009 New York International Auto Show (NYIAS).


Volkswagen GTI: The new sixth-generation, performance-based Volkswagen GTI hatchback is powered by an advanced new TSI engine, available linked to either a 6-speed manual or DSG gearbox. With the new GTI, VW has increased the quality and comfort level to new heights. The GTI will be available in three- and five-door body styles. Visual details include a new front bumper, vertically stacked foglamps and an altered grille with classic GTI touches.

Source: New York International Auto Show

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Our Opinion

"At the 2009 New York International Automobile Show, the U.S. Domestic Automakers are not obliged to answer questions concerning their respective financial condition, management changes, brand elimination, or restructuring policy. Doing so would be detrimental to their standing."

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Edited & Posted by Editor | 8:01 AM | Link to this Post

April 3, 2009

The University of Illinois at Chicago (UIC) Forum to focus on How Cities can Lead the Way to a Global Economic Recovery


U.S. Vice President Joe Biden to Headline UIC's Fifth Annual Richard J. Daley Urban Forum.

CHICAGO BIDDEN

Photo: U.S. Vice President Joe Biden with Mayor Richard M. Daley at the Chicago Global Cities Forum. (City of Chicago, Antonio Dickey) [Photo Added: May 1, 2009]

UIL Chicago

PHOTO: UNIVERSITY OF ILLINOIS COLLEGE OF ENGINEERING COMPUTER SCIENCE FACILITY

The University of Illinois at Chicago (UIC) and the Daley family will host the fifth annual Richard J. Daley Urban Forum, titled "Global Economic Recovery: Cities Lead the Way." U.S. Vice President Joe Biden will give the keynote address at this year's Forum, which will be held on Monday, April 27 beginning at 8:30 a.m. on the UIC campus.

The Forum will bring together municipal leaders from around the world, business leaders, public officials, policymakers, leading scholars and commentators for an intimate and interactive dialogue that examines the vital role cities will play in a successful recovery from today's global economic crisis.

Vice President Biden will be joined at the Forum by Chicago Mayor Richard M. Daley and a rich host of panelists providing diverse perspectives about how cities are crucial to recovery, what kinds of obstacles exist and the kinds of imaginative steps cities are already taking.

"We are thrilled and honored to have Vice President Biden join us for this year's Forum," said Mayor Daley. "President Obama and Vice President Biden understand the great role cities play in driving the larger economy. By working collaboratively, sharing innovative ideas and unleashing the entrepreneurial spirit and imagination, cities can lead our nation to a healthy and much needed economic recovery."

The Forum will feature three panels: "Economic Recovery and Urban Reinvestment," addressing the impact of national stimulus plans and regional and local initiatives on urban areas as well as key obstacles to these recovery efforts; "Economic Revitalization: Education and Healthcare," exploring how cities--as the center of innovation, creativity and entrepreneurship--can take the imaginative steps needed to climb out of today's world recession in a way that reaches far beyond urban areas; and a "Global Town Meeting" where mayors from more than 30 global cities will offer examples of innovative programs from their own cities in response to the global economic crisis. Panel formats are subject to change.

"The Forum has become a significant venue for the exchange of ideas and the exploration of strategies that address social and economic issues confronting urban communities in the United States and around the globe," said UIC Chancellor Paula Allen-Meares. "In 2008, for the first time in history, more than half of the world's people lived in urban areas. This global demographic change contributes to the urgency of the forum. Thus, UIC is proud to host this event."

Chicago

Photo: Chicago Skyscrapers seen from Navy Pier

The current economic crisis has imperiled both public and private finance and cost millions of citizens their jobs, homes and access to healthcare and education. While cities have been among the hardest hit economically, they also contribute the majority of the world's economic gross product and are responsible for most new job creation. Therefore, urban vitality is crucial to recovery.

Participants in this year's Forum include Marshall M. Bouton, President, The Chicago Council on Global Affairs; Victoria J. Chou, Dean, College of Education, University of Illinois at Chicago; Carol Coletta, President and Chief Executive Officer, CEOs for Cities; Richard M. Daley, Mayor, City of Chicago; Bruce Katz, Vice President, Brookings Institution; Michael H. Moskow, Former President, Federal Reserve Bank of Chicago and Senior Fellow, The Chicago Council on Global Affairs; Norbert Riedel, Corporate Vice President and Chief Scientific Officer, Baxter International, Inc. and Bernard Shaw, principal anchor emeritus, CNN.

The Urban Forum, held at the UIC Forum, 725 W. Roosevelt Rd., is open to the public. The registration fee will be waived for all UIC faculty, staff and students, as well as students from other universities. Students attending the Forum must present a valid college ID on the day of the event.

Cities expected to be represented at this year's forum include: Algiers, Algeria; Bangkok, Thailand; Beijing, China; Belgrade, Serbia; Bogota, Colombia; Busan, Republic of Korea; Cartagena, Colombia; Casablanca, Morocco; Chicago, USA; Doha, Qatar; Dubai, United Arab Emirates; Galway, Ireland; Glasgow, Scotland, United Kingdom; Hamburg, Germany; Helsinki, Finland; Jeddah, Saudi Arabia; Kuwait City, Kuwait; Kyiv, Ukraine; Lahore, Pakistan; Manila, The Philippines; Moscow, Russia; Nairobi, Kenya; Paris, France; Petach Tikva, Israel; Prague, Czech Republic; Reykjavik, Iceland; Riyadh, Saudi Arabia; Santo Domingo, Dominican Republic; Shenyang, China; Soriano, Uruguay; Tripoli, Lebanon; Vilnius, Lithuania and Windsor, Canada. Participating cities are subject to change.

Chicago

Photo: Chicago Skyline

The 2009 Forum will be partially funded through sponsors including American Airlines, Ariel Investments, AT&T, Bank of America, Baxter, Blue Cross Blue Shield of Illinois, Boeing, The Chicago Community Trust, Chicago White Sox, DLA Piper, Exelon, Gibsons, Grosvenor Capital Management L.P., Katten Muchin Rosenman LLP, The MacArthur Foundation and the Patrick G. and Shirley W. Ryan Foundation.

Launched in 2005 to commemorate the 50th Anniversary of Richard J. Daley's first inauguration as Mayor of Chicago, the Richard J. Daley forum at UIC is an annual symposium for students, scholars, public officials, civic leaders, policymakers and commentators to discuss important issues and share insights into urban history and urban studies.

Richard J. Daley was first inaugurated as Mayor of Chicago on April 20, 1955. He served as Mayor for more than two decades, during which time he oversaw the rebirth of Chicago's downtown, construction of McCormick Place, development of O'Hare International Airport, and creation of UIC among other notable achievements.

Establishing UIC--originally known as the University of Illinois at Chicago Circle when it opened in 1965--was described by the late mayor as this greatest contribution to the life of the city. Circle Campus merged with the university's Medical Campus in 1982 to form UIC.

UIC is Chicago's largest university with more than 25,000 students, 12,000 faculty and staff, 15 colleges and the state's major public medical center. The campus ranks among the nation's top 50 universities in federal research funding. UIC has more than 145,000 alumni, more than 110,000 of whom live in the Chicago metropolitan area.

A hallmark of UIC is the Great Cities Commitment, through which faculty, students and staff engage with community, corporate, foundation and government partners in hundreds of programs to improve the quality of life in metropolitan areas around the world.

Source: The University of Illinois at Chicago

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Edited & Posted by Editor | 12:34 PM | Link to this Post

March 27, 2009

TAG Heuer Explores Luxury with The Aquaracer 500m Series and Offers a Glimpse Into The Future of Watchmaking with Its Monaco 24 Chronograph


TAGHEUER AQUARACER

Photo: TAG Heuer's Aquaracer 500M with blue dial and stainless steel bracelet.


Answering the call of diving enthusiasts who demand an exacting timepiece that is robust as well as refined, Swiss watch Brand TAG Heuer unveiled its new Aquaracer 500M series. Whether worn while swimming along the Great Barrier Reef or exploring the underwater caves of Turks & Caicos, these watches take serious sports-inspired functionality to a new extreme.

Water resistant to 500 meters, each model in the Aquaracer 500M collection is equipped with the definitive attributes of a high-performance diving watch, including a unidirectional turning bezel that ensures precise elapsed dive-time measurement. Highly luminescent markers on the hands and indexes, as well as an orange-tipped second hand, provide at-a-glance readability under water or in dim light. Additionally, the sapphire crystal and caseback are scratch-resistant and anti-reflection treated for optimum visibility.

To prevent damage to the watch and its movements, the Aquaracer 500M features an automatic helium valve that releases, upon decompression, any gases that infiltrate the watch during a deep dive. A fine-brushed, screw-in crown with double safety gaskets further protects the timepiece from water or dust penetration.


TAGHEUER MONACO

Photo: TAG Heuer's Monaco Twenty Four Concept Chronograph.


TAG Heuer also announced that it is continuing to push the boundaries of watchmaking with its Monaco Twenty Four Concept Chronograph, invoking the electrifying spirit of the world's most arduous sports car race. Introduced today at BASEL, Switzerland, this timepiece, in TAG Heuer's own words, features the same state-of-the-art engineering as the powerful GT cars that take to the 24 Hours of Le Mans circuit.

The Monaco Twenty Four Concept Chronograph's race car-inspired functionality is found in every aspect of the piece's design, most notably in the energy manifold that houses the Calibre 36 movement. Comparable to a GT car's cockpit cage, this proprietary steel-tube structure safeguards the mechanism, ensuring that the watch can better withstand shock.

The movement gains additional protection from a shock-absorbing composite filter material. Used in the racing and aerospace industry, this material insulates the Calibre 36 movement by directing vibrations into the composite filter, which absorbs and dissipates their energy. According to TAG Heuer, unlike a conventional timepiece's Incabloc system, which protects the mechanism only from external shocks, TAG Heuer's Dynamic Absorber insulates the movement entirely and the Monaco Twenty Four Concept Chronograph is able to withstand an impact of 24,000 G, the equivalent of a 65-foot fall, compared with the industry standard of 2,000 - 5,000 G, or a three-foot fall. These additional safeguards ensure the Monaco and its components will remain unscathed whether the wearer is skydiving from 15,000 feet or attending a very enthusiastic business meeting, explains the watchmaker.

Source: TAG Heuer

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Edited & Posted by Editor | 7:05 AM | Link to this Post

March 18, 2009

Reputation Risk Management Is on the Rise in U.S. and European Corporations -- The Conference Board


But Many Companies Still Have a Long Way to Go in Protecting Their Reputations.


Company Reputation


According to a new report from The Conference Board (global business research and membership organization), a growing number of major global companies are investing substantial resources to manage their reputation risk and have increased their efforts to do so over the last three years.

"Safeguarding reputation is even more critical today because companies have developed successful ways to make reputation risk management part of their overall risk management," says Ellen Hexter, Director, Enterprise Risk Management at The Conference Board and co-author of the report with Sandy Bayer, President of Bayer Consulting. "In addition, different stakeholder groups are becoming more sophisticated in how they drive corporate reputations. Critics on the Internet can now transmit their opinions and complaints around the world with ease. Most importantly, consumers have high expectations that companies will not only produce quality products and services, but also will act ethically in their creation and distribution."

The report defines reputation as how a company is perceived by each of its stakeholder groups and reputation risk as the risk that an event will negatively influence stakeholder perceptions. Many reputation risks are the secondary result of other, more traditionally recognized risks. For example, if a manufacturer produces an unsafe product, it may lose customers and is likely to suffer financial costs due to a product recall, both of which impact reputation. Reputations may be damaged for any number of reasons, including that stakeholders perceive a company to be unethical.


Company Reputation


"Although reputation is the quintessential intangible asset, a strong corporate reputation yields concrete benefits - higher market value, stronger sales, and an increased ability to hire the best and the brightest," says Bayer.


The report is based on the findings of The Conference Board Reputation Risk Research Working Group and a survey of 148 risk management executives of major corporations. More than three quarters of the respondents to the survey said their companies are making a substantial effort to manage reputation risk (82 percent) and they have increased focus in this area over the last three years (81 percent).


Company Reputation


Other key findings of the study:

• Reputation risk should be managed throughout the organization. Although communication is of critical importance in responding to a risk event, a company's reputation should be considered during the preparation and execution of strategy and new projects, which hasn't been the case in most companies.

• Reputation risk is often not incorporated into risk management. Only 49 percent of executives surveyed said that the management of reputation risk was highly integrated with their Enterprise Risk Management (ERM) function or another risk oversight program.

• Assessing reputation risks is a top challenge. Fifty-nine percent indicated that assessing the perceptions and concerns of stakeholders was an extremely or very significant issue, making it the highest-ranked challenge.

• Media monitoring has become more sophisticated. Today, there are tools to assess whether coverage is positive, neutral or negative; the credibility of publications; the prominence of coverage, etc.

• Efforts are being made to quantify the value of reputation. A select group of companies is making progress in this area by working with specialist consulting firms to quantify the impact of reputation on share price.

• Social media are gaining influence, but most companies are ignoring them. Although consumers and investors are increasingly gathering information from blogs, online forums, and social networking sites, only 34 percent of the survey respondents said they extensively monitor such sites, and only 10 percent actively participated in them.


Company Reputation


The findings spurred the following recommendations from The Conference Board Research Working Group:

1) Actively involve boards of directors in reputation risk management.

2) Demonstrate to leaders and management teams in business units the impact of their actions on reputation.

3) Integrate reputation risk management with ERM or other risk management programs.

4) Quantify the value of reputation.

5) Use and nurture employees as corporate ambassadors.


"Boards of directors, senior management, and operating management should demonstrate an active commitment to strong reputation management," conclude the authors.


Source: The Conference Board

|GlobalGiants.com|


Quote

"Our reputation is more important than the last hundred million dollars."

-- Rupert Murdoch


Quote

"From the sublime to the ridiculous there is but one step."

-- Napoleon Bonaparte


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Edited & Posted by Editor | 12:59 AM | Link to this Post

March 5, 2009

WALL STREET REPORT: $5 BILLION IN POLITICAL CONTRIBUTIONS BOUGHT WALL STREET FREEDOM FROM REGULATION, RESTRAINT


Steps to Financial Cataclysm Paved with Industry Dollars?

Wall Street

The financial sector invested more than $5 billion in political influence purchasing in Washington over the past decade, with as many as 3,000 lobbyists winning deregulation and other policy decisions that led directly to the current financial collapse, according to a 231-page report issued today by Essential Information and the Consumer Education Foundation.

The report, "Sold Out: How Wall Street and Washington Betrayed America," shows that, from 1998-2008, Wall Street investment firms, commercial banks, hedge funds, real estate companies and insurance conglomerates made $1.725 billion in political contributions and spent another $3.4 billion on lobbyists, a financial juggernaut aimed at undercutting federal regulation. Nearly 3,000 officially registered federal lobbyists worked for the industry in 2007 alone. The report documents a dozen distinct deregulatory moves that, together, led to the financial meltdown. These include prohibitions on regulating financial derivatives; the repeal of regulatory barriers between commercial banks and investment banks; a voluntary regulation scheme for big investment banks; and federal refusal to act to stop predatory subprime lending.

"The report details, step-by-step, how Washington systematically sold out to Wall Street," says Harvey Rosenfield, president of the Consumer Education Foundation, a California-based non-profit organization. "Depression-era programs that would have prevented the financial meltdown that began last year were dismantled, and the warnings of those who foresaw disaster were drowned in an ocean of political money. Americans were betrayed, and we are paying a high price -- trillions of dollars -- for that betrayal."

"Congress and the Executive Branch," says Robert Weissman of Essential Information and the lead author of the report, "responded to the legal bribes from the financial sector, rolling back common-sense standards, barring honest regulators from issuing rules to address emerging problems and trashing enforcement efforts. The progressive erosion of regulatory restraining walls led to a flood of bad loans, and a tsunami of bad bets based on those bad loans. Now, there is wreckage across the financial landscape."

Washington DC

12 Key Policy Decisions Led to Cataclysm

The report concludes that financial deregulation led directly to the current economic meltdown. For the last three decades, government regulators, Congress and the executive branch, on a bipartisan basis, steadily eroded the regulatory system that restrained the financial sector from acting on its own worst tendencies. "Sold Out" details a dozen key steps to financial meltdown, revealing how industry pressure led to these deregulatory moves and their consequences:

1. 1. In 1999, Congress repealed the Glass-Steagall Act, which had prohibited the merger of commercial banking and investment banking.
2. Regulatory rules permitted off-balance sheet accounting -- tricks that enabled banks to hide their liabilities.
3. The Clinton administration blocked the Commodity Futures Trading Commission from regulating financial derivatives -- which became the basis for massive speculation.
4. Congress in 2000 prohibited regulation of financial derivatives when it passed the Commodity Futures Modernization Act.
5. The Securities and Exchange Commission in 2004 adopted a voluntary regulation scheme for investment banks that enabled them to incur much higher levels of debt.
6. Rules adopted by global regulators at the behest of the financial industry would enable commercial banks to determine their own capital reserve requirements, based on their internal "risk-assessment models."
7. Federal regulators refused to block widespread predatory lending practices earlier in this decade, failing to either issue appropriate regulations or even enforce existing ones.
8. Federal bank regulators claimed the power to supersede state consumer protection laws that could have diminished predatory lending and other abusive practices.
9. Federal rules prevent victims of abusive loans from suing firms that bought their loans from the banks that issued the original loan.
10. Fannie Mae and Freddie Mac expanded beyond their traditional scope of business and entered the subprime market, ultimately costing taxpayers hundreds of billions of dollars.
11. The abandonment of antitrust and related regulatory principles enabled the creation of too-big-to-fail megabanks, which engaged in much riskier practices than smaller banks.
12. Beset by conflicts of interest, private credit rating companies incorrectly assessed the quality of mortgage-backed securities; a 2006 law handcuffed the SEC from properly regulating the firms.


Financial Sector Political Money and 3000 Lobbyists Dictated Washington Policy

During the period 1998-2008:

• Commercial banks spent more than $154 million on campaign contributions, while investing $363 million in officially registered lobbying:
• Accounting firms spent $68 million on campaign contributions and $115 million on lobbying;
• Insurance companies donated more than $218 million and spent more than $1.1 billion on lobbying;
• Securities firms invested more than $504 million in campaign contributions, and an additional $576 million in lobbying. Included in this total: private equity firms contributed $56 million to federal candidates and spent $33 million on lobbying; and hedge funds spent $32 million on campaign contributions (about half in the 2008 election cycle).

The betrayal was bipartisan: about 55 percent of the political donations went to Republicans and 45 percent to Democrats, primarily reflecting the balance of power over the decade. Democrats took just more than half of the financial sector's 2008 election cycle contributions, the report clarifies.

According to the report, the financial sector buttressed its political strength by placing Wall Street expatriates in top regulatory positions, including the post of Treasury Secretary held by two former Goldman Sachs chairs, Robert Rubin and Henry Paulson.

Financial firms employed a legion of lobbyists, maintaining nearly 3,000 separate lobbyists in 2007 alone, says the report.

These companies drew heavily from government in choosing their lobbyists. Surveying 20 leading financial firms, "Sold Out" finds 142 of the lobbyists they employed from 1998-2008 were previously high-ranking officials or employees in the Executive Branch or Congress.

Essential Information is a Washington, D.C. nonprofit that seeks to curb excessive corporate power. The Consumer Education Foundation is a California-based nonprofit that supports measures to prevent losses to consumers.

Source: Essential Information

|GlobalGiants.com|

Click HERE for a full PDF copy of "Sold Out: How Wall Street and Washington Betrayed America".

Quote

"Information is the currency of democracy."

-- Thomas Jefferson

Quote

"As a very important source of strength and security, cherish public credit. One method of preserving it is, to use it as sparingly as possible; avoiding occasions of expense by cultivating peace, but remembering also that timely disbursements to prepare for danger frequently prevent much greater disbursements to repel it; avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertions in time of peace to discharge the debts, which unavoidable wars may have occasioned, not ungenerously throwing upon posterity the burthen, which we ourselves ought to bear."

-- GEORGE WASHINGTON, Farewell Address, Sep. 17, 1796

Quote

"The government, which was designed for the people, has got into the hands of the bosses and their employers, the special interests. An invisible empire has been set up above the forms of democracy."

-- Woodrow Wilson

Quote

"In politics... never retreat, never retract... never admit a mistake."

-- Napoleon Bonaparte


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Edited & Posted by Editor | 5:56 AM | Link to this Post

February 27, 2009

Consumer Reports: Who Makes the Best Cars?


Automaker Report Cards: Honda Leads Again, Mercedes-Benz Improves, Chrysler Lags.


Honda


For the third consecutive year, Honda has earned class leader status for building the best all-around vehicles for American drivers, according to the Automaker Report Cards published in Consumer Reports' Annual Auto Issue. At the opposite end of the annual ranking is Chrysler, which fared even worse than last year. The company's poor performing products and sinking reliability results have kept all Chrysler, Dodge, and Jeep badged vehicles off CR's Recommended list.

With an overall score of 78 out of 100 points, Honda was followed closely by Subaru (75), and Toyota (74) in the overall score. Subaru is also the only automaker with 100% of its tested vehicles Recommended, although it has a relatively small model lineup. Mazda (73), came in 4th, followed by Mercedes-Benz, Nissan, Volkswagen, and BMW, all tied at 72.

While the top four overall scores belong to Japanese automakers, a Japanese nameplate is no guarantee that every car in a model range will be a reliable and good performer. For example, the Honda Element and Toyota Yaris scored too low in Consumer Reports' tests to be recommended. Conversely, despite overall scores of 63 and 57 respectively, that placed Ford and GM toward the bottom of the results, new models like the Ford Flex, F-150, Chevrolet Malibu, and Cadillac CTS have done well in CR's tests and rank near the top of their classes in its ratings.


Subaru


Toyota


Mazda


The overall score for each automaker is based on the average of its vehicles' overall scores in Consumer Reports' road tests and their average predicted-reliability ratings from Consumer Reports' Annual Auto Survey. Manufacturers received a report card only if five or more of its vehicles were tested.

Of the Asian automakers, Subaru, Nissan, Mazda, and Hyundai improved their overall scores. Nissan and Hyundai also improved their reliability rating. Of the four, Hyundai showed the most improvement, increasing its overall score from 66 to 70.

European automakers, traditionally great performers overall, have lagged in reliability but there have been notable improvements with several models from Audi, BMW, Saab, Volkswagen, Volvo, and Mercedes-Benz. Mercedes-Benz showed the most significant improvement, moving up in the overall ranking (72) to tie with BMW and Volkswagen.

"All three Detroit automakers continued to be at the back of the class, although General Motors and Ford improved their overall scores. Chrysler disappointed the most -- it had the lowest overall test score and none of its vehicles are Recommended," says Consumer Reports.


Mercedez


Nissan


Volkswagon


There was some positive news for the struggling U.S. domestic automakers. The latest models from General Motors now rank among the best in testing, and models like the Buick Enclave, Chevrolet Traverse, GMC Acadia, Saturn Outlook, Cadillac CTS, Chevrolet Corvette, and Chevrolet Malibu all scored well. Some Ford models now rival their competition from Honda and Toyota in reliability, perhaps a promising sign for new models now coming out of the product pipeline. For Chrysler, the sole glimmer of hope in the model-year is the new Dodge Ram, which is now very competitive with the other full size trucks.

"While Japanese automakers continue to set the standard for the industry in terms of real-world performance and reliability, many domestic, European, and Korean manufacturers are narrowing the gap by building better and more reliable cars," said David Champion, senior director of automotive testing, Consumer Reports. "While some automakers are still dragged down by old product investments, we expect the race for the front of the class to become even more competitive which may lead to some excellent values for consumers in the near future."

In the end, the companies that make the best vehicles are those that excel in performance, interior craftsmanship, safety, comfort, and reliability. The best continue to set a higher and higher standard, a competition in which consumers are the ultimate winners.

Consumer Reports is one of the trusted sources for information and advice on consumer products and services, and according to it, its findings may not be used for commercial or promotional purposes.

Source: Consumer Reports

|GlobalGiants.com|


Quote

"Can advertising foist an inferior product on the consumer? Bitter experience has taught me that it cannot. On those rare occasions when I have advertised products which consumer tests have found inferior to other products in the same field, the results have been disastrous."

-- David Ogilvy


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Edited & Posted by Editor | 11:04 PM | Link to this Post

February 21, 2009

Media Seen as the Primary Cause of the Depth and Length of the Global Recession, According to New Research From Frost & Sullivan


Companies Must Ignore Fear, Make Smart Moves to Emerge Stronger.

Global Media

In a recent survey conducted by Frost & Sullivan, the Growth Partnership Company, 91% of CEOs blame the breadth and depth of the current economic situation on the media.

"The media's manipulation of statistics, negativity, exaggeration, and doomsday forecasts have driven fear and panic among consumers and businesses alike," says David Frigstad, Chairman of Frost & Sullivan.

Business Newspaper

According to Frost & Sullivan, "Economic statistics are often twisted and exaggerated. The fear of total economic collapse is perpetuated in the media to grab attention and sell more copies or attract more viewers or listeners. Because of this, consumers and business have frozen spending, canceled projects, sold investments, and laid off workers. This has caused a downward spiral in demand and pricing that has now caused about 20 trillion dollars of damage globally."

"As the media continues to perpetuate fear, uncertainty and doubt, there is a growing chance that it will result in a self-fulfilling prophecy," adds Frost & Sullivan Economist Sandeep Maheshwari.

"What clearly started out with financial mismanagement and fraud on Wall Street has now escalated into a major global recession exacerbated by the media," says Frost & Sullivan's research. "CEOs cite how the media has continued to drive fear through efforts to gain more readers, viewers, and listeners. The ironic turn is that the media is also being victimized by the current recession, with declining audiences and falling ad revenues."

Finance Newspaper

In the responses portion of the study, CEOs made several interesting comments:

• "Several newspapers have compared the overall job losses to the Great Depression without taking into account the huge increase in U.S. population since that time. These comparisons only generate more fear and are counter-productive."

• "Economists miss every turn in the economy. Why do we rely on their forecasts today when they are so unreliable? They move like a herd of antelope -- their current forecasts all fit nicely into a pack."

• "I recently read a headline that said Microsoft will lay off 5,000 workers. At the end of the piece it mentioned it would be over a three year period. Compared to the overall size of Microsoft, this is not newsworthy."

"We are now at a turning point. An unprecedented global stimulus plan and guaranteed programs are now in place. All of these trends could signal the turning point if we change our outlook. The media, economists, politicians, bankers, and business executives could collectively turn the economy around by working simultaneously to restore confidence back into the system -- in turn, calming the public. It's time for us to give up on the doom and gloom," concludes Frigstad.

|GlobalGiants.com|


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Edited & Posted by Editor | 11:18 AM | Link to this Post

February 10, 2009

Cole Haan Debuts Spring 2009 Ad Campaign Featuring Maria Sharapova


COLE HAAN

Cole Haan recently announced Maria Sharapova as a lead collaborator and the face of Cole Haan Sporting, a new collection for Spring 2009, rooted in sport and remixed with fashion. Today, February 10, 2009 in New York, Cole Haan unveils international tennis sensation Maria Sharapova as the face of its 2009 Spring advertising campaign.

Shot with simplicity in Malibu, California by lifestyle photographer Martyn Thompson, the campaign reflects the interplay of style and sport, passion and play, that Cole Haan says it shares with Sharapova.


COLE-HAAN

View Larger Picture

Photo: Cole Haan ad featuring Maria Sharapova.


"The campaign marks the first time Cole Haan has collaborated with a Nike athlete to serve as the face of a new collection," notes Cole Haan Chief Marketing Officer Michael Capiraso. "We are able to leverage her interest in fashion and sport, while connecting with our consumer in a new and unique way."

Mixing Media Initiatives:

• Digital media to play an important role in the campaign - rich media presence on top sites.
• Debuting in March issue of Vanity Fair.
• Print Campaign to appear in top Women's Core titles.

The Spring 2009 global launch of Cole Haan Sporting includes men's and women's footwear and accessories.

Cole Haan, headquartered in Yarmouth, Maine, USA, designs and distributes dress and casual footwear, apparel and accessories for men and women under the brand names Cole Haan and Bragano. Cole Haan is a wholly-owned subsidiary of NIKE, Inc. and operates more than 100 retail locations throughout the United States, Canada and Japan.

Source: Cole Haan

|GlobalGiants.Com|


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Edited & Posted by Editor | 5:23 AM | Link to this Post


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