Transformers are not perfect. Transients and noise (radio-frequency and low-level spikes) normally pass through transformers, not only by way of the magnetic lines of flux between the primary and the secondary windings but through resistive and capacitive paths between the... Read more

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The first choice for service and distribution voltage is almost always 480 volts. Why is that? Well, it’s because it’s traditional, it has a safe design and specifications are already written around 480 V. UPS and backup aggregate equipment are... Read more

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Agency updates tool for evaluating homes in National Flood Insurance Program.

Explore essential insights from industry experts on training, market dynamics, and strategic considerations to help you navigate the franchise versus independent restoration business decisions.

PuroClean has been named one of the most profitable franchises of 2024 by Franchise Business Review, recognized for its strong financial performance and high franchisee satisfaction.

Find out how PuroClean's commitment to excellence led to a 44.4% systemwide sales increase and continues to fuel its success in the industry.

BluSky Restoration Contractors hosted its 14th annual "Clays for Kids" fundraiser, raising $15,000 for CASA of Larimer County.

New franchise owners Andrew Hoskins, Tyler Berry, and Justin Maier bring local expertise to the CRDN family, while recent training graduates are now equipped to deliver specialized textile restoration and end-to-end services.

BluSky Restoration Contractors, LLC, raised $150,000 for ALS research through its seventh annual Rakers Classic charity golf tournament, an event inspired by Lyle Rakers, an employee diagnosed with a rare form of ALS in 2017, which has become a cornerstone of the Lyle Rakers Charitable Foundation.

BELFOR Franchise Group announces the launch of the Claims Partnership Program, offering customized training for property claims professionals. This program aims to address the gap created by retiring veterans and new entrants in the claims industry.

CRDN moves up on the 2024 Franchise Times Top 400 list, ranking third in sales growth within the Disaster Restoration category. Securing an overall ranking of 243, up from 278 in 2023, CRDN continues to showcase its growth and leadership in the restoration industry.

Hisense has bolstered its 2024-2025 UST line-up with the PL2, a cost effective single-laser model that brings many of the desirable features of its higher end offering at an attractive $2,499 price point.

Sarah Bowen of the Promise of Life Network crisis pregnancy center near Pittsburgh talked with me about the motivation behind the campaign by abortion advocates against the work these centers do, which is to provide women with support during an unplanned pregnancy. https://x.com/PAcatholic/status/1703790777099235616?s=20   https://fb.watch/nccvJtmh6p/?mibextid=cr9u03  

From increased regulation, to a growing emphasis on food safety, to changing workforce and customer demographics, food processors and their vendors and partners are facing a period of unprecedented change.

The packaging machinery market is seeing an uptick in demand for rental machinery. There are three key drivers of this trend: flexibility, cost and return on investment. Continuously evolving consumer demands and the explosion of SKUs means that flexibility is paramount, particularly in the food and beverage markets.

Next generation of leaders honored for accomplishments and commitment to the packaging and processing industry.

It is now well accepted that virtually all brands, from the utmost recognized to the newly eager, face an unprecedented onslaught of counterfeiting and gray market trading. In emerging countries, this menace is bold and audacious, with outright fakes appearing in the open marketplace. In developed countries, the problem is equally insidious due to online propagation of counterfeit products through e-commerce platforms.

Utilizing Budweiser’s vision, Trivium created a beer bottle that was both visually engaging and environmentally sustainable.

This new serveware, designed to work well in fast-paced food service environments, will replace traditional porcelain dishes for in-room breakfast service.

A new study by Future Market Insights predicts the market to reach a valuation of $58.37 billion in 2021.

The New York Federal Reserve branch's Roberto Perli is manager of the Fed’s System Open Market Account (SOMA).

• Recent quarter-end money market volatility not historically large.
• Still strong evidence reserve levels remain abundant.
• No imminent signs of issues for Fed to implement monetary policy.
• Recent quarter-end pressure was contained.
• Slow rise in repo rates has been orderly.
• Standing repo facility stands ready to provide liquidity.
• Notes there’s been more friction in money markets lately.

---

The Federal Reserve’s System Open Market Account (SOMA) is the central portfolio used by the Federal Reserve to conduct monetary policy. It holds the securities that the Fed buys and sells through open market operations, primarily U.S. Treasury securities, agency debt, and mortgage-backed securities. SOMA is a key tool for influencing short-term interest rates and managing the money supply. By adjusting the size and composition of this portfolio, the Fed can influence liquidity, credit conditions, and the overall stance of monetary policy in the economy.

In addition to domestic assets, SOMA also holds foreign currency assets, allowing the Fed to participate in foreign exchange markets when necessary. The New York Federal Reserve Bank manages SOMA on behalf of the entire Federal Reserve System.

This article was written by Eamonn Sheridan at www.forexlive.com.

Justin had the news from the People's Bank of China here on Monday:

• PBOC governor will maintain yuan exchange rate at a reasonable, balanced level

The PBOC governor Pan Gongsheng emphasized that the Bank will not let the yuan plummet without a fight:

• Will step up countercyclical adjustment
• Should resolutely guard against the risk of exchange rate overshoot

Today is an example of the Bank pushing back on yuan weakness, with the reference rate set 300+ points stronger for the CNY than was expected (in the Reuters model).

Offshore yuan has jumped (lower USD/CNH as shown in the chart below):

This article was written by Eamonn Sheridan at www.forexlive.com.

CPI data from the US due today, Wednesday, November 13, 2024.

Greg popped up a preview earlier:

• US CPI to be released tomorrow at 8:30 AM. Expectations are for 0.2% MoM

In a recent note, BMO previewed the data also. Analysts at the bank suggest that any significant influence from recent storms on inflation data is likely limited, meaning market reactions to any deviation in core inflation—either upward or downward—may be pronounced.

The consensus forecast calls for a steady +0.3% rise in core CPI for the month, with expectations leaning toward a possible upside surprise.

A +0.4% reading or higher would make waves, particularly against the backdrop of the recent election results. The logic suggests that if inflation was already ticking up before the GOP’s victory, the added impact of tariffs and potential trade conflicts could fuel further inflationary momentum. However, BMO analysts also point out that while targeted tariffs may not universally drive up prices, this assumption currently shapes US rates market sentiment. With this market outlook in mind, BMO expects that an upside surprise in October’s inflation numbers could have a meaningful impact on yields, increasing their upward trajectory.

At present, actual inflation data is seen as the most direct factor that could push 10-year yields beyond the 4.50% threshold. A softer-than-expected core CPI reading could trigger a rally in the Treasury market, though there appears to be a limit to how much the market will temper expectations for inflation following Trump’s victory. Instead, BMO anticipates the market will continue to define a trading range in this post-election landscape, characterized by a mix of cautious optimism and prevailing skepticism.

This article was written by Eamonn Sheridan at www.forexlive.com.

Last week, the tech giants — Apple, Amazon, Alphabet, Microsoft, and Meta — released their quarterly reports, which showed steady revenue and profit growth across the board, pretty much in line with previous ones.

However, except for the results of Jeff Bezos’ company and Amazon stock, the investors were not “fully satisfied.” Mixed forecasts for the next quarter and expected spending were of concern, especially in AI.

Although companies are confident in AI's enormous potential, developing and building the infrastructure to support it is proving costly, and results continue to fall short of expectations.

Right now, the biggest beneficiaries of the AI boom are similar to those in the gold rush — the ones supplying the tools. In today’s terms, that means essential hardware and cloud service providers.

For example, Microsoft Cloud quarterly revenue grew 22% year-over-year to $38.9 billion, with Azure and other cloud services experiencing a 33% increase, about 12% of which was driven by AI services.

Amazon's AWS, in turn, generated $27.4 billion in Q3. Although slightly below expectations, growth in this segment remains strong at 19% (up from 12% last year), underscoring the growing demand for it.

Chipmakers, which drive these AI advances, are also experiencing huge gains. Leading the way is Nvidia, which recently surpassed Apple in market capitalization to become the world's most valuable company.

Taiwan's TSMC, a major chip supplier to giants such as Nvidia, Apple, and AMD, is also thriving. TSMC's technology powers leading-edge products in smartphones and advanced computing systems.

TSMC's third-quarter revenue rose 36% to $23.5 billion, while net profit soared 54.2% to $10.1 billion. Revenue from high-performance computing chips now accounts for 16% of the company's profit.

Who else benefits from the AI boom?

The list is not short: data centers, telcos, and networking companies are all reaping benefits, as are mining companies, driven by increased demand for metals and materials for chips and electronics.

Another big beneficiary could be the energy sector. Following the rise of AI tools such as ChatGPT, the UAE's Minister of Industry and Advanced Technology noted that global energy demand is expected to double.

Apparently, a single ChatGPT query requires ten times more energy than a Google search. As AI usage increases, so will the need for more data centers that do not run on air.

The minister expects a seven-fold increase in the use of solar and wind power, at least a 65% increase in demand for LNG, and a continued reliance on oil for fuel and other products.

This article was written by FL Contributors at www.forexlive.com.

Rekt Brands Inc. (Rekt), the parent company behind the Rektguy NFT project, Rekt Drinks, and the Rekt brand intellectual property, is excited to announce the completion of a $1.5 million seed funding round. Funded exclusively by angel investors and the community—without institutional venture capital—this achievement highlights the support Rekt received from its loyal and growing network.

This funding announcement follows the debut of Rekt Drinks, Rekt’s first consumer product: a lime-flavored sparkling water with zero caffeine and zero alcohol, featuring the Rekt branding. Rekt Drinks made its debut last week with 222,456 units available across 32 countries. The entire stock sold out in under 48 hours, with demand in the U.S. alone resulting in a complete sell-out within just 4 hours and 20 minutes. This launch represents one of the largest real-world product sales by a Web3 brand, reinforcing Rekt’s potential as a cultural force in both digital and traditional markets.

Rekt was founded from the success of the Rektguy NFT collection, created by artist Ovie Faruq (OSF) in May 2022. Since then, the Rektguy project has expanded into Rekt Brands, which oversees the Rekt IP and pioneered a unique industry model by offering equity in the parent company directly to its NFT holders, utilizing a Reg CF exemption under SEC guidelines in the U.S.

“Rekt has had a die-hard, cult-like community for the past 2 years, and our ambition is to fulfill its potential as one of the largest Web3 brands,” said OSF. “With the sell-out of our drinks last week, that’s 222,456 times someone is going to pick up a can with the Rekt logo and a Rektguy on it. It’s a magnitude higher for us in terms of brand awareness.”

With this new funding, Rekt is poised to expand its product lineup, strengthen its brand awareness in and outside of Web3, while further bridging digital culture with physical consumer products. The Rekt community remains at the heart of the brand’s mission, with upcoming projects that will continue to empower, engage, and reward its dedicated supporters.

About Rekt

Rekt Brands Inc. (https://x.com/rektbrands) is the parent company that owns the Rektguy NFT project, Rekt Drinks, and the Rekt brand intellectual property. Established from the success of the Rektguy NFT collection by artist Ovie Faruq (OSF), the brand has expanded into consumer goods and groundbreaking community equity models. Rekt aims to redefine brand ownership and engagement through its Web3 foundation, innovative products, and viral global community.

This article was written by FL Contributors at www.forexlive.com.

WASHINGTON, D.C. – Today the Federal Communications Commission denied a joint request by NAB and NPR for a two-week extension of the comment deadline in a proceeding on FM broadcast booster stations. The following statement can be attributed to NAB Chief Legal Officer Rick Kaplan:

WASHINGTON, D.C. -- In response to the Department of Justice adopting rules regarding obtaining information or records from members of the news media, the following statement can be attributed to NAB President and CEO Curtis LeGeyt:

WASHINGTON, D.C. -- Emmy nominated broadcaster Rich Eisen will host the 2023 Marconi Radio Awards Dinner, presented by Xperi, on October 25 during NAB Show New York. Record producer and radio host DJ Scratch, who performed at last year’s event, is back by popular demand to provide live music for radio’s biggest night of the year.

WASHINGTON, D.C. – NAB President and CEO Curtis LeGeyt participated today in a Senate AI Insight Forum titled "Transparency, Explainability, Intellectual Property and Copyright." 

English: Les Miserables at Queen's Theatre, as seen in the day. (Photo credit: Wikipedia)

There have not been many movies I have looked forward to watching more than Les Miserables. So I understand this is always hard to satisfy.

When I was 21 years old I saw the musical live on stage in London from the 5th row and ever since then it has been my favorite musical. One of the things that I love most about the musical is that the sets are more of a secondary aspect and the music is the star.

This is the big mistake of the movie. It had great cinematography and looked amazing but the star power and picture seemed to take precedence over the singing. I just don't think the stars that they cast were capable of singing at the level you get on Broadway.

English: Eddie Redmayne, British actor. (Photo credit: Wikipedia)

They are both live or in the moment which I know is what the director was going for but with the right actor you can still have the best of both worlds. I believe that if the directors would have not sold out for star power and focused on the singing more this movie could have been phenomenal.

Even within the movie itself I much preferred the voices of the actors I didn't know before hand like Eponine (Samantha Barks) and Marius (Eddie Redmayne). The movie was much more enjoyable in the sections of the movie that focused on them. But as soon as Russell Crowe came back in I think I actually cringed in the theater.

So all in all as far as movies go it was probably pretty good but for someone who truly loves Broadway Musicals this movie left me wanting.

Room 29, Parliament Buildings

Room 30, Parliament Buildings

The Northern Ireland Assembly Committee for Infrastructure has criticised the delays in the issuing of Blue Badges for those with mobility problems.

Is the enterprise ready for a social revolution? A conversation with Oracle Enterprise 2.0 VP Andy Macmillan.

Oracle Enterprise 2.0 VP Andy MacMillan talks about how E20 impacts enterprise architecture and the mission of enterprise architects.

Oracle Enterprise 2.0 VP Andy MacMillan discusses measuring the ROI of enterprise social computing.

Panelists Tim Hall, Peter Belknap, and Robert Wunderlich discuss DevOps and where it fits with cloud computing and other evolutionary changes in enteprise IT.

A panel discussion of the chief concerns of Enterprise IT stakeholders.

A panel discussion of strategies for surviving the tectonic shifts in Enterprise IT.

A conversation about Oracle IT Strategies and their implementation in the real world.

A panel of experts in mobile app development and Oracle ADF Mobile share their insight into meeting the challenges of developing mobile apps for the enterprise.

Bridging the gap between existing developer skills and the specific skills needed to develop successful enterprise mobile applications may not be as difficult as you think.

Preparing the enterprise back end to support a mobile strategy has benefits beyond mobile; How mobile is reinvigorating the SOA world.

What can you do to future-proof efforts to bring mobility to the enterprise; resources for learning more about the role Oracle ADF Mobile can play in developing enterprise mobile applications.

A conversation that started at OOW16 grew into a community group focused on exploring and mastering how modern software architecture - including micro services and APIs - can serve the evolving needs of today's enterprises. Group members discuss the issues and technologies in this podcast.

Meet-ups, offer a fantastic alternative to big developer conferences. They’re easily accessible local events, generally lasting a couple of hours. Meet-ups offer a more human scale, are far less crowded than big conferences, with a far more casual, informal atmosphere that can be much more conducive to learning through Q&A and hands-on activities. In this program you’ll meet four people who have organized and continue to manage local developer meet-ups. You’ll hear first-hand what they learned about what works and what doesn’t in finding venues, developing content, and creating an atmosphere that keeps developers coming back for more.

View the complete show notes.

SOFIA, 30 JUNE 2016 – OSCE Special Representative and Co-ordinator for Combating Trafficking in Human Beings, Madina Jarbussynova, concluded a three-day trip to Bulgaria on Wednesday with a visit to the Busmantzi Centre for irregular migrants, and commended the country’s ongoing action to fulfil the Organization’s anti-trafficking commitments.

The government-run camp serves as a detention centre for people on the move who are being returned to their home countries.

“We appreciate the support of Bulgaria to the work of the OSCE in addressing trafficking in human beings as a serious transnational threat, as an integral part of organized crime and a gross violation of human rights,” Jarbussynova said.

During the visit, the Special Representative also met with a number of key officials and spoke at a Discussion Forum on migration and human trafficking.

Bulgaria is a source, transit and destination country for human trafficking. It is also affected by the ongoing migration crisis, with large numbers of refugees from Syria and elsewhere currently in the country.

“I know Bulgaria is under particular strain due to the influx of migrants and refugees through its border with Turkey, and recently Serbia, and I am glad to support the authorities in building their capacities to identify potential and actual victims of trafficking among migrants and asylum seekers, and provide adequate protection, in particular to children on the move, including unaccompanied minors,” the Special Representative said.

She discussed these issues with the Deputy Prime Minister and Chairman of the National Commission to Combat Trafficking in Human Beings, Meglena Kuneva, Deputy Interior Minister Tsviatko Georgiev, Deputy Chief Prosecutor Maria Shishkova, Chair of the State Agency for Child Protection, Ofelia Kaneva, General Secretary of the General Labour Inspectorate Executive Agency Georgi Milchin, and several others, including representatives from international organizations and NGOs. Further co-operation with the Office of the Special Representative, including in training initiatives, was welcomed by the Bulgarian authorities. 

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