The Economist Seeks Termination of Printing Agreement with Quebecor World

first_imgThe Economist is looking to terminate its contract with commercial printer Quebecor World, but says it is open to discussing how to continue the relationship, according to a statement filed jointly by the companies. Quebecor World filed for bankruptcy protection earlier this year.According to a court filing, The Economist wants to terminate its print agreement at the expiration of the initial term in September. The printing agreement would continue to be valid until then. The Economist argues that it is being harmed by some of the automatic legal protection that the printer has received under its bankruptcy agreeement. According to the filing, the magazine “is not seeking to enforce a monetary claim against the debtors of their estates. The Economist merely seeks to exercise its contractual right to terminate the printing agreement.” “We understand and respect the decision taken by The Economist and we will continue to provide them with the top quality product and service they expect,” Quebecor World Magazine Group president Doron Grosman said in the joint statement. “We will also work with them in the coming months to prolong and extend our mutually beneficial partnership.”A Quebecor spokesperson could not immediately be reached for further comment.In the court filing, The Economist does not say why it is seeking a termination of the printing agreement. A spokesperson for The Economist declined to comment.Quebecor World, one of the world’s largest printers, announced its bankruptcy filing in January and its entering into a $1 billion financing deal with Credit Suisse and Morgan Stanley to help finance the company’s operating needs. Earlier this week, the ailing printer said that, under bankruptcy protection, it would delay the release and filing of its 2007 financial statements until the end of April.last_img read more

People on the Move 61914

first_imgJacqueline Detwiler has been named senior editor at Popular Mechanics. She was previously senior editor at United Hemispheres.TV Guide has promoted Doug Brod to editor-in-chief, and Michael Schneider to executive editor. Brod moves from his role as executive editor, and Schneider from Los Angeles bureau chief at the magazine.InStyle.com has named John Darby as general manager. He was previously vice president of marketing at Streeteasy.Vendome Healthcare Media, publisher of Healthcare Informatics, has named Tony Carrini as its new director of digital and custom sales, East Coast. Previously he oversaw sales and marketing for Health Data Management and Information Management.Amanda Silverman has been promoted from managing editor to deputy editor at The New Republic.Good Housekeeping announced several hires and promotions:Melissa Geurs has been named deputy design director. She joined from Chatelaine, where she was design director.April Franzino returns to GH as beauty director. She started her career there as an assistant beauty editor in 2007, and most recently worked as beauty editor at Self.Rachel Rothman has been promoted to technical director from technical manager of the Good Housekeeping Research Institute.Bloomberg Media Group has named Keith Grossman as publisher of Bloomberg Digital. He took this new role at the company after working as associate publisher for Wired and Ars Technica.Craig Marks has returned to SPIN magazine as editor-in-chief. He was an editor there from 1991-1999, and most recently worked as editorial director at BlogTalkRadio.Alyssa Mastromonaco has become contributing editor at Marie Claire. She was previously the deputy chief of staff at The White House. John Temple has joined First Look Media as president of audience and products. He has spent the last year at Stanford University as a senior fellow in the John S. Knight Journalism Fellowships program.Lynne Segall has been promoted to executive vice president and group publisher at The Hollywood Reporter and Billboard. She had been the senior vice president and publisher at The Hollywood Reporter.Condé Nast Traveler has named Jennifer Hicks as associate publisher of sales. She had been vice president of advertising at The New Republic.Stefanie Rapp has been promoted to associate publisher at Wired from her role as executive director of integrated sales.last_img read more

NOW HIRING 10 New Job Openings In Wilmington

first_imgWILMINGTON, MA — Below are some of the newest job openings in Wilmington:Full-Time Morning Loader/Back-Up Driver at Optima ShippingPart-Time Delivery Driver at Optima ShippingFull-Time Company Car Delivery Driver at Optima ShippingFull-Time (Contract) Flatbed Truck Carrier at XPO LogisticsFull-Time Buyer & Planner at MKS InstrumentsFull-Time Client Services Representative at AllOne Health GroupFull-Time GIS Application Support Analyst at LoadSpring SolutionsFull-Time Carpet Cleaning Technician at New England Carpet MasterFull-Time Warehouse Lead at Harrington Industrial PlasticsFull-Time Sales Office Manager at Harrington Industrial Plastics(NOTE: Wilmington businesses — Feel free to send me your job postings at wilmingtonapple@gmail.com.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedNOW HIRING: 10 New Job Openings In WilmingtonIn “Business”NOW HIRING: 60 New Job Openings In Wilmington (Week of July 7, 2019)In “Business”NOW HIRING: 10 New Job Openings In WilmingtonIn “Business”last_img read more

2020 Acura TLX PMC Edition goes to NSX finishing school ahead of

first_img Sedans Luxury cars Beyond the crazy-rich nano-pigment paint borrowed from the NSX, you might be wondering: What makes the 2020 Acura TLX PMC Edition so special? Starting with a conventional A-Spec all-wheel-drive model’s body-in-white, master technicians will hand assemble each example at PMC away from the regular production line, including adding all of the driveline, chassis and electrical components. In fact, so much of the assembly work on these models will take place at PMC that the facility will be its manufacturing location of origin.Each sedan then receives PMC-specific gloss-black 19-inch wheels with matching lug nuts, along with model-specific exterior finishes including a body-colored grille surround and 4-inch dual exhaust tips rendered in dark chrome. In an effort to add a bit more contrast and menace, the roof panel and door handles are finished in gloss black, as well.Enlarge ImageBadges? Apparently we do need some stinkin’ badges. Dan Howell/Acura Inside, TLX PMC Edition models are treated to black Milano leather seats incorporating black piping, red stitching and Alcantara faux-suede inserts. There’s matching red stitching on elsewhere in the cabin, along with a serialized PMC dash plaque. Uniquely, each TLX PMC Edition will be subjected to the same battery of quality-control tests as the NSX, which Acura says includes “dyno check, final paint inspection, rough-road simulation and water leak test.” Once the ink is dry on that checklist, completed models will be wrapped in a unique PMC car cover and shipped to dealers via enclosed car carrier. Each 2020 Acura TLX PMC will be hand assembled and undergo the NSX’s inspection process. Acura Interestingly, Acura has declined to make performance modifications to the TLX’s V6 drivetrain, meaning that the PMC Edition relies on the same 3.5-liter direct-injected unit and nine-speed automatic that many ordinary TLX models come equipped with. In conventional TLX guise, at least, that combination is good for 290 horsepower and 267 pound-feet of torque, and those same numbers will almost certainly apply here. (According to reports, Acura will exhume its Type S higher-performance model family soon, but it has yet to reveal which vehicle in its line will get the treatment first.)If around $50,000 sounds a bit rich for a TLX with special paint and trimmings, know that it’s not that far off the regular model’s pricing. While a base, front-wheel-drive TLX with Acura’s 2.4-liter I4 starts at an affordable $33,000 plus $995 for delivery, a comparable AWD A-Spec model with the optional V6 and Tech Package runs a shade over $46,000 before accessories. In other words, given the extra TLC and wicked paint job, the 2020 TLX PMC Edition may prove to be a sought-after upgrade for the brand’s faithful. As it is, the TLX is quietly outselling higher-profile sport sedans like the BMW 3 Series and Audi A4 in the US.Acura spokesman Chris Naughton confirms to Roadshow that the company won’t have any sort of special reservation or ordering process for the new model; customers can simply go to their local dealer and express their interest.2020 Acura TLX PMC EditionEnlarge ImageMaster technicians will build TLX PMC models from the body-in-white on up. Dan Howell/Acura If a sport sedan isn’t your speed, Acura is already confirming that this special-edition TLX will be followed up by a PMC Edition of the company’s popular MDX crossover SUV, and other models could be coming, too. “We designed the PMC not only to build NSX, but to give Acura the flexibility to explore handcrafted production of limited edition models. The TLX and MDX PMC Edition are the first to take advantage of this unique capability, and we intend to explore additional options,” said Jon Ikeda, Acura brand officer, in the official release.According to Acura spokesperson Chris Naughton, “The plan from the beginning was for PMC to be flexible… [to be] kind of a test bed for technology or processes… and also try new things that may not work well in a mass-production environment.” Indeed, in an interview with Roadshow, Naughton pointed to the Acura NSX GT3 as a further example of PMC’s flexibility — each race car’s body structure starts life at the plant. 2020-acura-tlx-pmc-edition-2Enlarge ImageThe TLX is just the first model to get this special PMC treatment. Acura’s MDX SUV will be next. Dan Howell/Acura In the case of the TLX PMC, Marysville Auto Plant’s paint shop simply isn’t set up to handle the car’s time- and process-intensive Valencia Red Pearl application process. Painting a normal TLX Advance or A-Spec is a one-day job, and it takes five days to fully bake the TLX PMC’s nano-pigment finish.If nothing else, these special models may serve to keep the master technicians at Acura’s Performance Manufacturing Center busy, and ensure their expensive tooling and paint shop remain active, too. Despite rave reviews, slow sales mean that NSX production volumes may not be sufficient to keep PMC humming. Last year, Acura sold just 581 examples of its six-figure gas-electric sports car. So far this year, the NSX is faring a bit better, with 67 units sold through March, a 17.9% improvement year over year. May 29 • 2020 Ford Escape: Everything there is to know 2019 Nissan Pathfinder Rock Creek Edition first drive: Its roots are showing Tags See All Share your voice Apr 19 • Check out the gory details in Honda’s IIHS crash-tested HR-V 20 Photos Acura Apr 19 • Volkswagen’s US CEO says around $25,000 would be a smart price for a small pickup Acura’s been keen to make the most of its NSX mid-engined supercar, and it’s been featuring the hybrid sports coupe in its recent print, television and digital ads alongside its more affordable offerings. The NSX’s rub-off will finally become a bit more literal at next week’s New York Auto Show, however, when the Japanese automaker unveils the 2020 Acura TLX PMC Edition seen here.Looking like a particularly vibrant TLX sedan, the Valencia Red Pearl-painted PMC Edition takes its name from the brand’s Performance Manufacturing Center in Marysville, Ohio, where final assembly of the model will be completed. (Regular TLX models are assembled at the nearby Marysville Auto Plant.) Just 360 examples of this special model we be built over six months starting this summer, with pricing estimated to be “around $50,000,” according to a statement released Thursday. reading • 2020 Acura TLX PMC Edition goes to NSX finishing school ahead of NY Auto Show More From Roadshow New York Auto Show 2019 0 Apr 19 • Acura MDX PMC Edition is a hand-assembled SUV in brilliant red paint New York Auto Show 2019 Acura • 2020 Volvo XC90 first drive: An improvement worth subscribing to 2020 Acura TLX PMC Edition rocks up ahead of NY Auto Show 2019 Nissan Maxima review: The ‘four-door sports car’ that isn’t Post a commentlast_img read more

Budget 2017 Everything you need to know about the Union Budget from

first_imgUnion Finance Minister Arun Jaitley will present the most challenging budget of the Narendra Modi era on Wednesday (February 1). This would be the first after the prime minister took the shocking financial step of demonetisation on November 8 last year.Also read: From halwa ceremony to leather briefcase, interesting traditions of Union Budget 2018Now, to what extent will the Budget 2017 be able to satisfy the common man after the November shock therapy is for time and the experts to tell. Meanwhile, we can focus on some lighter facts related to India’s budget, things that would make it a not-so-tedious read amid all the complicated calculations:A Scottish presented India’s first-ever Budget: The first-ever Indian budget was presented by James Wilson, the founder of The Economist, in April 1860. Wilson was the Finance Minister of the Indian Council which had advised the Indian Viceroy. He passed away a few months after presenting his Budget.The Indian to present first-ever Budget: The first-ever budget in independent India was presented by R K Shanmukham Chetty, the country’s first finance minister, in November 1947. That budget covered a period of seven-and-half months between August 15, 1947, and March 31, 1948. Chetty had also introduced the term ‘Interim Budget’ during his speech in 1948-49. It meant a budget for a short period.A scandal had broken in the UK over its budget the same year it was presented for the first time in independent India. The then British Chancellor of the Exchequer, Hugh Dalton, had met a journalist on the Budget Day after he walked into the British parliament and revealed to the latter a few details on tax changes that he had in his plans. The journalist broke the story before the speech was made and Dalton had to step down. It is said that the incident had made Chetty extra-cautious while preparing independent India’s first budget back home.John Mathai did not read out the Budget: John Mathai, the successor to Chetty and in office between1949-50 is said to have delivered the most plain budget speech ever. He had decided not to read out the budget and told the members that a White Paper including all details had been circulated. The highlights of this budget were setting up of the now-defunct planning commission and beginning of the five-year plans. Mathai also used the opportunity to give a speech on economic policy.Morarji Desai presented the Budget 10 times, the most: It is said the credit of turning Budget into a ‘tool of publicity for the finance minister’ goes to former prime minister Morarji Desai, who had presented it the maximum number of times: 10.Desai presented the Budget on his unique birthday twice: On two occasions, Desai had presented the Budget on his birthday – February 29. That happened in the years 1964 and 1968.The 1973 Budget was ‘Black’ one, while the 1997 one was called ‘Dream’: While the Budget of 1973-74 was called the ‘Black Budget’ owing to a deficit of Rs 550 crore, that presented by former finance minister P Chidambaram in 1997 was called the ‘Dream Budget’ owing to its roadmap for big reforms.Two presidents have presented Budget as FMs: Other than Pranab Mukherjee, R Venkataraman was the only finance minister who later went on to become the president of India.Yaswant Sinha presented four Budgets under difficult conditions: Yaswant Sinha, who presented five Budgets under two governments, had faced challenges almost every time he presented it as the NDA’s finance minister. While the 1999 Budget was presented after the Pokhran II blasts, the 2000 was presented after the Kargil war. Similarly, his presentation in 2001 came after the horrible earthquake in Gujarat. His budget presented as the finance minister of the National Front government in 1991 was also in the wake of the forex crisis.Only one woman presented Budget: The only woman to have presented the Budget is late prime minister Indira Gandhi, who did so in 1970-71 after Desai’s resignation.Railway and general budgets were separated in 1924: The railway budget was separated from the general budget in the year 1924. They have been merged this year.First disclosure scheme for black money in Budget: The first disclosure scheme for black money came in the Budget of 1965-66.Three PMs presented budgets: Three prime ministers – all from the family – Jawaharlal Nehru, Indira Gandhi and Rajiv Gandhi had presented the Budget while serving as prime minister.Biggest-ever Budget was presented in 1991: The biggest Budget ever in the history of India was that of 1991 when the country’s economic policy underwent a complete change. Former prime minister Manmohan Singh had presented that budget and late PV Narasimha Rao was the prime minister then.Budget timing was changed from 5 pm in 1999: Earlier, the Budget used to be presented at 5 pm, which was essentially a continuation of the colonial-era practice. It was during the NDA government of Atal Behari Vajpayee in 1999 when this ritual was changed. That year, the budget was presented by Yashwant Sinha at 11 am. PM Modi’s government also made another change by bringing the Budget ahead by a month to present it on February 1.The halwa ceremony: Printing of the Budget documents begin with the annual halwa (a sweet dish) ceremony. It marks the beginning of lockdown for many officials in the Ministry of Finance who remain in the budget printing press till the finance minister’s speech gets over. During this time, the officials are not even allowed to contact their family members.last_img read more

Another 16 sued for instigating students

first_imgFacebook logo. File photoPolice filed another case with Ramna police station accusing 16 social media users of instigating students during the week long street protests for road safety, news agency UNB reports.Assistant sub-inspector (ASI) of the cybercrime unit under Dhaka Metropolitan Police, Ojoy Kumar Biswash filed the case with the police station under Section 57 of the Information and Communication Technology Act on Sunday, DMP deputy commissioner (Media)Masudur Rahman said on Sunday.According to the First Information Report (FIR) of the case, the plaintiff alleged that provocative posts, writings and videos were uploaded through social media aiming to deteriorate the law and order situation.Earlier, on 2 August, ASI Yeasin Meah filed a case with the same police station under Section 57 of the Information and Communication Technology Act accusing 29 social media users.last_img read more

Study indicates Spanish conquest of Peru may have resulted in changes to

first_img The sand dune ridges along the northern coast of Peru came about, the researchers claim, due to earthquakes loosening sand deposits in the Chira valley. That sand was eventually swept into rivers which carried it to the sea. Currents then carried it north eventually depositing it along the shoreline, building up over time into large ridges. Radiocarbon dating of charcoal remnants from fire pits atop some of the ridges has shown them to have formed from over 5000 years ago to as recently as 400 years ago. Excavating one of the existing ridges, the two researchers report, revealed mollusk shells which because there were so many of them, served as a shield against the wind, which would have blown the sand off the ridges long ago, had not the shells been there to offer protection.The Inca, the researchers report, lived along the shorelines of northwest South America for thousands of years, catching, cooking and eating mollusks and tossing the shells aside as they sat atop a ridge. The result was millions of shells littering the surface of the ridges, forming armor of sorts, which allowed the ridges to remain intact far longer than they would have otherwise. But, then, the Spanish arrived, conquering the Incas and forcing them to move inland. After that, the shell littering ceased—without a constantly rejuvenated suit of armor, many of the ridges succumbed to the winds and vanished. Thus, the coast was altered in a way that neither the Inca nor their conquerors could have possibly imagined. Space image: Aorounga Crater, Chad (Phys.org) —A study by a pair of researchers with the University of Maine suggests that the northern coast of Peru may have been altered due to population shifts as a result of the Spanish conquest in the 1500’s. In their paper published in Proceedings of the National Academy of Sciences, Daniel Belknap and Daniel Sandweiss describe a field study they conducted in the area that suggested that Inca living on the coast prior to the Spanish conquest, may have inadvertently been supporting the existence of sand ridges by discarding mollusk shells. After they left, it appears, some of the sand ridges were blown away by the wind. Citation: Study indicates Spanish conquest of Peru may have resulted in changes to coastal shoreline (2014, May 20) retrieved 18 August 2019 from https://phys.org/news/2014-05-spanish-conquest-peru-resulted-coastal.html Journal information: Proceedings of the National Academy of Sciences Surface of ridge J and test pit surface test pit-Chira-1997-number 4: STP-C-97-4. Credit: PNAS, doi: 10.1073/pnas.1404568111center_img This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Explore further © 2014 Phys.org More information: Effect of the Spanish Conquest on coastal change in Northwestern Peru, Daniel F. Belknap, PNAS, DOI: 10.1073/pnas.1404568111AbstractWhen Francisco Pizarro and his small band of Spanish conquistadores landed in northern Peru in A.D. 1532 to begin their conquest of the vast Inca Empire, they initiated profound changes in the culture, language, technology, economics, and demography of western South America. They also altered anthropogenically modulated processes of shoreline change that had functioned for millennia. Beginning with the extirpation of local cultures as a result of the Spanish Conquest, and continuing through today, the intersection of demography, economy, and El Niño-driven beach-ridge formation on the Chira beach-ridge plain of Northwestern Peru has changed the nature of coastal evolution in this region. A similar event may have occurred at about 2800 calibrated y B.P. in association with increased El Niño frequency.last_img read more