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Fisher Capital Management News Warning:China will be replacing U.S. as top exporter by 2025

By fcmnews | Filled under: Business

11 Votes

The worldwide banking and monetary services group HSBC affirms U.S. merchants aren’t being positive concerning trading leads within the following six months.
The HSBC prediction launched Tuesday anticipates U.S. business will certainly go up from $4.4 trillion, way up over 62 %, within the following 15 years, while the U.S. portion around the world market lessens.
The first Trade Links estimate by the London-based banking and financial enterprise forecasts that the U.S. portion around the world market may fall down by 11.3 % (2010) to 9 % by 2025, which China’s part regarding global commerce will probably achieve 13 % at that time to surpass the United States as the world’s leading exporting country.
Based from Fisher Capital Management news blog, within the short-term, U.S. traders tend to be uneasy. The most recent HSBC Trade Confidence Index, that likewise revealed Tuesday, discovered that mainly 49 % of U.S. participants’ estimated a little or even considerable rise in trade quantities in the subsequent six months. Which was a 13 % decline in the reply within the initial half of 2010 and the smallest level of confidence involving U.S. traders considering that study was first made in 2009.
Forty-nine percent of U.S. corporations interviewed additionally thought worldwide financial system would probably turn down within the following 6 months, significantly more compared to 30 % who considered in a study held in February as well as March.
The research were being unveiled with a “Doing Business in Latin America’’ convention in which HSBC set up at the Biltmore Hotel in Coral Gables on Tuesday plus an HSBC Trade Summit in Hamburg, Germany.
Mostly of the brilliant destinations American traders had been Latin America, based on the business assurance study. Twenty-seven percent stated it manifested the top potential for business development in the following 6 months. This positioned it simply preceding China (26 %) being the ideal probability.
This study occur at the same time as the U.S. Congress is actually thinking of a bill that could discipline nations having unnaturally poor currencies, enabling the imposition of more duties for items coming from countries which subsidize exports through undervaluing its money.
China started permitting the Yuan to trade in a slim day-to-day band in 2005 and considering that it seems to have valued by a lot more than 20 % up against the dollar, however experts point out its still undervalued, rendering Chinese exports less expensive.
Nevertheless, the Trade Contacts estimate learned that participants predicted China might continue to be the United States’ most significant trading associate at the least thru 2025 – even though Vietnam is actually foreseen being the quickest increasing significant U.S. trading associates.
The survey predict U .S. trade amounts won’t increase as fast as worldwide trade on the whole (73 % growth thru 2025), nonetheless it asserted that “Made in America’’ merchandise like healthcare devices, high-end fabricated goods as well as bio-pharmaceuticals, along with other merchandise, will stay reasonably competitive.
The estimate mentioned “the limelight will probably be upon Egypt, India, China, and Indonesia along with Brazil to push global advancement during this period.

Fisher Capital Management News Directory-iiii

http://www.squidoo.com/fisher-capital-management-news-directory-iiii

Written by Tim Goff

SOUTH PORTLAND, Maine (NEWS CENTER) - With gold prices at an all time high, state regulators are warning investors to beware of scam artists.

"With a really bad economic downturn, with the recession, not only does it cause the average person to become fearful, but it also causes the scam artists to come out because they know that everybody is far more vulnerable than they were before," stated Judith Shaw, administrator of the Maine Office of Securities."Anytime somebody is telling you that they can give you a high rate of return with little or no risk to you, you really need to think twice about that," she added.

In recent weeks her office has received several calls from residents concerned about transactions they have made buying and selling gold. She says many of the advertisements on the internet, radio and television make claims that are not backed-up by the companies actions.

"They send their money, there is a promise that the gold exists - maybe gold bullion - and that the seller who has reached out and made the contact will save that gold or silver in some safe location," explained Shaw. "The danger is in many cases the gold doesn't exist."

She recommends people do their business locally, because the state has regulations in place to protect consumers that may not be in place in other states where these companies are located.

"As with anything, check to see if the entity is regulated by the state of Maine and check with the appropriate agency to make sure that there are no problems, issues or bad marks as to that entity," she said. "We all have to be wise consumers, whether we are purchasing gold or some other commodity, or whether we are choosing to sell a personal possession."

At Maine Gold and Silver in South Portland, record gold prices have their showroom flooded with customers looking to sell off unwanted items, or invest in bars and coins of gold and other precious metals.

"We have a track record," explained John Colby. "Customers depend on us and we pay high prices. We have people driving 2 or 3 hours to see us."

He says gold prices fluctuate, so they use technology to give customers up to the second prices whether buying or selling.

"There is volatility," said Colby. "Right now gold has gone down about 20 bucks from its high on the day, but in the long term I think gold and silver are going much, much higher."

Shaw recommends consumers interested in selling gold or other precious metals check the price at a couple of businesses to get a better idea of the value of the item they intend to sell and find the best price.

She says people should also ask about how the metal will be weighed, the price will be determined and the quality verified.

She does not recommend people send their unwanted jewelery away in an envelope in the hopes that someone, somewhere else will give them a better price. She says it is easier to keep your money than fight to get it back.

She also says if someone is using high pressure tactics, walk away and take your business elsewhere.

If you are interested in buying gold and silver, she suggest consumers call the Maine Office of Securities at 207-624-8581 or visit their website before investing. The state maintains a database of reputable companies and can help determine if a seller is on the level.

Shaw says if you do buy gold from an out of state company, you should have the metal shipped to you and store it in a secure location like a bank's safety deposit box or vault.

She also says be aware of any fees imposed for shipping and the transaction before completing the deal.

"If it sounds too good to be true, it probably is," said Shaw. "It may sound like an old cliche, but it is absolutely right on."

NEWS CENTER

Fisher Capital Management News: Scams artists go digital with latest attack

http://mgmtnews.fishercapitalmanagementnews.com/2011/09/fisher-capital-management-news/

By Emma Johnson for the Midland Daily News

Recently Dave Hunt of Midland was sent an email asking that money be sent to help a friend who suffered a setback while traveling in London. The email was convincing; but then he found out that the friend, Sharron Such, of Edenville Township, had never left town.

Hunt says what made it so convincing was that he compared the message’s email address to Sharron’s email in his address book and they matched up. The email was also signed Sharron with two ‘R’s instead of one, an uncommon spelling.

What tipped him off?

Hunt says the first thing that put up a red flag for him was that the email started out with “Hi,” and he thought it odd that Sharron didn’t use his name in the greeting.

“I sent her a reply – which she never got,” said Hunt. “I asked three personal questions only she would know.” From his obscure questions Hunt, predictably, never got a response.

Hunt called the police, but they said they only deal with cases where people have been scammed and money has been exchanged.

Hunt called other people on a church committee Sharron and he are both on and the other committee members had also received the email.

Since this happened, Hunt said he’s heard many stories from other people about scam emails.

Hunt says it’s frustrating, though. In real life, another person he’s friends with was in Paris and her wallet was stolen. Luckily her husband had charge cards to get them back home. “So, it happens,” Hunt said. “You want to help – if it’s legitimate.”

Sharron Such found out her email had been hacked when she was contacted by an organization she’s involved with that knew she wasn’t gone.

“I felt violated,” said Such.

Such contacted Yahoo within 36 or 48 hours and they recovered her account. According to Such, if Yahoo is notified more than 24 hours after the fact it makes it harder for them to recover the account, but they can still do it.

When Such was able to access her email again she changed her password.

She received emails and voice messages from people – including a friend from London – who said they believed she’d been scammed, and people who were skeptical but wanted to investigate in case she really did need help. In some emails her name was spelled with one ‘R’ instead of two, which clued people in. However, a quote in the signature of her emails “made some people think twice,” said Such.

Sharron’s husband, George Such, recorded a message on their answering machine to let people know Sharron was not stranded in London. “My wife is safe and sound,” the message went, “but if you want you’re welcome to send us money!” he joked.

Such contacted the FBI, but they said it’s just people sitting in a room trying different passwords until they get one and there wasn’t much they could do.

“It made for an interesting day,” said Such. “Anything I was planning on getting done that day didn’t get done.”

Such said no one sent money to her knowledge.

Henry Dufour, a technician at Compucom in Midland, says he hears about email scams from people every day.

Many emails are marked as spam, but then thieves make up new scams to try to bypass the filters. Besides the London scam, Dufour says a new one is making an email that looks like a Facebook notification.

Dufour says if something in the address doesn’t seem right or a graphic looks outdated, or it just doesn’t look right then he recommends visiting the site directly instead of clicking the link.

“Always confirm,” Dufour stressed.

Don’t open emails if your intuition tells you not to. Durfour say some scammers have technology that can generate a “message read” notice so they know if they’re reaching a real email address.

Dufour also warns about looking at private information using public Wi-Fi. He says if you check web-based email or Facebook you sign in on a secured site (https), but after it’s authenticated with your correct username and password, you go to an unsecured site (http). Hackers can use sniffing software to find you. “Once you’re in it’s all open,” he said. Especially not recommended is online banking using a hotspot.

Also make sure if you’re using wireless internet at home that it’s encrypted because stumbling software can pick up what’s available. “You’d be amazed at what’s open,” he said.

On websites that you log into, don’t tell your browser to remember passwords and make sure to sign out. Also, use different passwords. If someone breaks into one thing, they will use that password to try to break into other things. When selecting a password, don’t use a word followed by the number one. Dufour says that’s easy to figure out. Make complicated passwords by using unique numbers, symbols, and upper and lowercase letters.

Staying current with good anti-virus software and updating to the latest browsers that have closed up security issues is also a good idea, according to Dufour.

Fisher Capital Management News Directory:Who Will Replace The FSA?

http://fishercapitalmanagementnews.com/2011/07/fisher-capital-management-news-directorywho-will-replace-the-fsa/

The UK’s banking regulation is at the forefront of political attention once again, as the Chancellor, George Osborne, is in pow-wow with a Treasury Select Committee to progress the government’s regulatory plans.

As we know only too well, the Financial Services Authority (FSA) took some of the rap for the string of banking failures that came close to collapsing the entire Western world’s banking system. And when it came to analysing the reasons for the failure of the current regulatory regime, the government decided it needed a scapegoat — er, I mean, needed to restructure the FSA to ensure that such a thing can never happen again.

The key failure was seen as a lax approach to regulating the banks themselves, leaving it pretty much up to them to work our whether their practices and investment products made good sense, rather than having the FSA’s people closely scrutinise every new chopped and diced sub-prime mortgage-based derivative that each bank happened to think was their latest and greatest hot cake.

As we now know, this self-regulation actually amounted to no real regulation at all, and the real estate derivative bubble was based on little more than lots of poor people who couldn’t pay their mortgages. And subsequent debts upon debts based on the back of it all turned out bad.

The new banking regulator

So that’s the bit that’s being taken away from the FSA, regulation of the banking and finance industry, and it’s being handed to a new body called the Prudential Regulation Authority(PRA). Well, I say new body, but it will comprise around 25% of the FSA’s current people, so really it’s a bit of the same old body but with a new name.

Though to be fair, it will have a new directive too, to regulate in a more direct hands-on manner. And having an organisation with just one prime responsibility should hopefully result in better focus.

The PRA will be directly responsible to the Bank of England and will be chaired by Mervyn King, with Hector Sants taking on the role of chief executive. It will approach its responsibilities in several ways.

There will be new regulations covering capital structures and liquidity, which should hopefully rein in excessive leverage and strengthen the banks’ ability to withstand the kind of capital withdrawal that brought down Northern Rock.

And there are going to be more direct supervisory actions, and a better focus on handling crises when they do happen — the PRA won’t be trying to totally prevent failures, but to put in place better procedures for minimizing the pain when they do happen.

What’s left becomes the FCA

The other new body, which really is just what’s left of the FSA with a new name, is to be called the Financial Conduct Authority (FCA). And it will carry on with the same business of investigating fraud and tackling boiler room scammers and all the other assorted crooks who spend their days trying to part honest folk from their hard-earned savings.

Essentially it’s going to be business as usual at the FCA, but there is expected to be more of a forthright and pro-active culture — and that’s something we’ve already been seeing from the last days of the FSA in its current form, in the welcome shape of new records in fines and imprisonment.

There is one new power to be wielded by the FCA, and that is to oversee and promote choice and competition in the financial product market. To that end, the FCA will be able to examine the design of such products and place its own requirements on them, and restrict the sales and promotions of any that it deems inappropriate — having both temporary bans and permanent bans amongst its chief weaponry.


Of course, this all has to go through the usual parliamentary procedures before it comes into effect, and there are likely to be various tweaks, but it’s unlikely there will be any major change of this plan now.

Will it all work?

The FCA’s role seems relatively uncontroversial, with it essentially carrying on with the same old FSA approach to the bad guys which we have seen does get results. There will be some doubts, though, concerning its veto powers over the design of financial products, so we shall have to wait and see how effectively it flexes that particular muscle.

But the big unknown is the PRA and it’s new approach to banking regulation. While many will welcome the closer scrutiny, and while more stringent capital requirements should lower the chances of serious liquidity squeezes, a lot of people will be asking whether the new body will be any better at foreseeing looming crises than the banks themselves were.

Still, we’ll find out soon enough, when the next crisis hits.

Fisher Capital Management Strategies: FBI Scam Alert: Online Car Sales

http://strategies.fishercapitalmanagementstrategies.com/2011/08/17/fisher-capital-management-strategies-fbi-scam-alert-online-car-sales/

http://www.mainstreet.com/article/smart-spending/autos/fbi-scam-alert-online-car-sales

NEW YORK (MainStreet) — The FBI issued a national scam alert Monday, warning consumers to beware of online fraudsters trying to sell them used vehicles or enrollment in a vehicle protection program.

According to the alert, the fraudsters advertise that they have a vehicle for sale on a popular website like Craigslist or eBay Motors, well below its book value. They say they are selling the vehicle for such a low price because they are in the process of moving for work or are being deployed by the military. The impending move is not only meant to justify the low price, but also the seller’s inability to meet the buyer in person and/or to refuse a vehicle inspection. Instead, they ask that the buyer wire full or partial payment to a third-party agent using Western Union or MoneyGram and to fax the payment receipt to the seller as proof of payment. However, as with other scams that involve a wire transfer, the seller pockets the money and never delivers the vehicle.

RELATED ARTICLES

FBI Scam Alert: Online Car Sales
Scam Alert: BBB Not Tied to Mystery Shopper Scheme
Grandparent Scam Gets a 2011 Update
Top Consumer Complaints of 2010
How Online Retailers Rip You Off
To make the scam appear more legitimate, fraudsters will also say that the sale is covered by a vehicle protection program offered by a legitimate company, most commonly referencing eBay Motors.

In a new twist, criminals use a live-chat feature in e-mail correspondence and electronic invoices to answer a target victim’s questions and assure them the deals are safe. They falsely assert that their sales are protected by liability insurance coverage up to $50,000.

The FBI said that while eBay Motors does offer a legitimate vehicle protection program, it does not, as cited by the scammers, cover an auto transaction conducted outside that company’s site.

The agency also said that people shopping for vehicles online should be wary of sellers who try to move the transaction from one platform to another (for example, from Craigslist to eBay Motors), transactions in which the seller and vehicle are in different locations and those where vehicles are advertised at well below their market value.

“Remember, if it looks too good to be true, it probably is,” the FBI said in a press release.

Old school scams with a twist seems to be a trend amongst modern-day scammers. Earlier this month, the BBB warned consumers to beware new variations on the grandparents scam and mystery shopper scam.

The FBI has asked anyone who believes they have encountered or fallen victim to this latest scam to file a complaint with the FBI’s Internet Crime Complaint Center.

Fisher Capital Management News: Steve Jobs pitches new Apple ‘spaceship’ campus to Cupertino City Council

http://www.multiplynews.com/iphone-2/fisher-capital-management-news-steve-jobs-pitches-new-apple-spaceship-campus-to-cupertino-city-council/

Apple CEO Steve Jobs revealed plans fοr a nеw headquarters fοr thе company thаt “looks a ƖіttƖе Ɩіkе a spaceship” аt a City Council meeting іn Cupertino, Calif., οn Tuesday.In hіѕ trademark black turtleneck, jeans аnԁ gray Nеw Balance running shoes, Jobs ѕаіԁ аt thе meeting thе nеw building wουƖԁ hold 12,000 employees, аnԁ even house іtѕ οwn green-energy power plant.Apple’s current headquarters саn οnƖу hold аbουt 2,800 people, Jobs ѕаіԁ, according tο a YouTube video οf hіѕ presentation posted bу thе council.“Wе’ve ɡοt аƖmοѕt 12,000 people іn thе area,” hе ѕаіԁ οf Cupertino. “Sο wе’re renting buildings — nοt very ɡοοԁ buildings, еіthеr — аt аn еνеr-greater radius frοm ουr campus аnԁ wе’re putting people іn those. Anԁ іt’s clear thаt wе need tο build a nеw campus.”Thе nеw facility, аѕ Apple envisions іt, wουƖԁ bе built οn аbουt 150 acres οf land thаt thе tech giant owns down thе street frοm іtѕ current headquarters.Jobs ѕаіԁ Apple’s рƖаn wουƖԁ involve demolishing buildings now οn thе site аnԁ constructing a nеw ring-shaped building thаt wουƖԁ bе four ѕtοrіеѕ tall, wіth four floors οf parking underneath.In thе process, thе project wουƖԁ increase landscaping tο mаkе up аbουt 80% οf thе site, whісh іѕ οnƖу аbουt 20% trees, plants аnԁ grass now, hе ѕаіԁ.On Monday, Jobs wаѕ οn stage іn San Francisco, revealing Apple’s nеw iCloud service аt thе company’s Worldwide Developer Conference. Public appearances such аѕ thе two Jobs hаѕ mаԁе thіѕ week hаνе bееn rare thіѕ year аѕ thе Apple co-founder hаѕ bееn οn a leave οf absence fοr medical concerns ѕіnсе January. Hе аƖѕο announced thе iPad 2 іn March аt аn Apple event.“It’s a ƖіttƖе Ɩіkе a spaceship landed,” Jobs ѕаіԁ οf thе рƖаnnеԁ facility. “It’s a circle, аnԁ ѕο іt’s curved аƖƖ thе way around. Aѕ уου know іf уου build things, thіѕ іѕ nοt thе cheapest way tο build something. Thеrе’s nοt a straight piece οf glass οn thіѕ building, іt’s аƖƖ curved.“Anԁ wе’ve used ουr experience іn mаkіnɡ retail buildings аƖƖ over thе world now, аnԁ wе know hοw tο mаkе thе bіɡɡеѕt pieces οf glass іn thе world fοr architectural υѕе.”Thе proposed campus wouldn’t rely οn Cupertino’s power grid fοr energy. Instead, іt wουƖԁ rυn frοm аn οn-site power facility.“I thіnk whаt wе’re going tο еnԁ up doing іѕ mаkіnɡ thе energy center ουr primary source οf power, bесаυѕе wе саn generate power wіth natural gas аnԁ οthеr ways thаt саn bе cleaner аnԁ cheaper, аnԁ υѕе thе grid аѕ ουr backup,” Jobs ѕаіԁ. “Wе thіnk thаt mаkеѕ more sense.”Mayor Gilbert Wong ѕаіԁ іn a statement thаt Cupertino іѕ excited thаt Apple іѕ moving forward wіth a nеw campus, аn іԁеа first mentioned tο thе city іn 2006.“Whеn Apple submits thеіr building plans later thіѕ year, wе know thаt wе wіƖƖ bе looking аt a state-οf-thе-art facility аnԁ аƖƖ thе challenges аnԁ opportunities thаt ɡο along wіth thаt,” Wong ѕаіԁ.Thе review process fοr thе nеw Apple campus wіƖƖ bе thе same аѕ аnу οthеr construction project, wіth evaluations οf environmental impacts, air quality, traffic аnԁ οthеr matters, hе ѕаіԁ.“Thе project wіƖƖ come tο thе City Council fοr approval іn thе fall οf 2012,” Wong ѕаіԁ. “Following approval, Apple саn submit building permits. Construction wіƖƖ follow, аnԁ Apple аnԁ thе city expect thе nеw campus tο bе completed bу 2015.”

Fisher Capital Management Strategies: FBI Scam Alert: Online Car Sales

http://strategies.fishercapitalmanagementstrategies.com/2011/08/17/fisher-capital-management-strategies-fbi-scam-alert-online-car-sales/

Posted on August 17, 2011 by fcmstrategies

http://www.mainstreet.com/article/smart-spending/autos/fbi-scam-alert-online-car-sales

NEW YORK (MainStreet) — The FBI issued a national scam alert Monday, warning consumers to beware of online fraudsters trying to sell them used vehicles or enrollment in a vehicle protection program.

According to the alert, the fraudsters advertise that they have a vehicle for sale on a popular website like Craigslist or eBay Motors, well below its book value. They say they are selling the vehicle for such a low price because they are in the process of moving for work or are being deployed by the military. The impending move is not only meant to justify the low price, but also the seller’s inability to meet the buyer in person and/or to refuse a vehicle inspection. Instead, they ask that the buyer wire full or partial payment to a third-party agent using Western Union or MoneyGram and to fax the payment receipt to the seller as proof of payment. However, as with other scams that involve a wire transfer, the seller pockets the money and never delivers the vehicle.

RELATED ARTICLES

FBI Scam Alert: Online Car Sales
Scam Alert: BBB Not Tied to Mystery Shopper Scheme
Grandparent Scam Gets a 2011 Update
Top Consumer Complaints of 2010
How Online Retailers Rip You Off
To make the scam appear more legitimate, fraudsters will also say that the sale is covered by a vehicle protection program offered by a legitimate company, most commonly referencing eBay Motors.

In a new twist, criminals use a live-chat feature in e-mail correspondence and electronic invoices to answer a target victim’s questions and assure them the deals are safe. They falsely assert that their sales are protected by liability insurance coverage up to $50,000.

The FBI said that while eBay Motors does offer a legitimate vehicle protection program, it does not, as cited by the scammers, cover an auto transaction conducted outside that company’s site.

The agency also said that people shopping for vehicles online should be wary of sellers who try to move the transaction from one platform to another (for example, from Craigslist to eBay Motors), transactions in which the seller and vehicle are in different locations and those where vehicles are advertised at well below their market value.

“Remember, if it looks too good to be true, it probably is,” the FBI said in a press release.

Old school scams with a twist seems to be a trend amongst modern-day scammers. Earlier this month, the BBB warned consumers to beware new variations on the grandparents scam and mystery shopper scam.

The FBI has asked anyone who believes they have encountered or fallen victim to this latest scam to file a complaint with the FBI’s Internet Crime Complaint Center.

Fisher Capital Management Warning: Kellogg Gets Second FDA Warning on Listeria in 2 Years

http://your-story.org/fisher-capital-management-warning-kellogg-gets-second-fda-warning-on-listeria-in-2-years-248641/


A Kellogg Co. (K) cookie plant in Augusta, Georgia, was found to have a “persistent strain” of listeria during a February inspection, including on food-contact surfaces, according to a warning letter from U.S. regulators.
The Food and Drug Administration letter, dated June 7, was sent less than two years after a Kellogg Eggo waffle plant in the same state was shut for similar reasons.
The inspection found flies and pools of water, the FDA said. The letter from District Director John Gridley didn’t say that any products were tainted with listeria, yet said they were “adulterated” and “may have become contaminated with filth.” The Augusta plant makes Keebler and Famous Amos cookies, and is one of five cookie bakeries Kellogg operates in North America.
“While the FDA did not identify specific concerns with the food, we take this situation very seriously,” Kris Charles, a spokeswoman for Battle Creek, Michigan-based Kellogg, said in an e-mail. “We have undertaken a number of aggressive actions to address their concerns including comprehensive cleaning and extensive testing.”
Kellogg’s response didn’t include dates for taking action at the plant, the FDA said. The regulator gave Kellogg 15 days to outline specific remedies to avoid injunction or product seizure.

Eggo Production

Kellogg’s cookies are baked at a temperature high enough to kill any listeria present, according to Robert Gravani, a food science professor at Cornell University in Ithaca, New York. The lack of an FDA product recall suggests that listeria was not found in the cookies, he said. FDA spokeswoman Tamara Ward declined to comment on a potential recall.
Listeria is a bacterium found in prepared foods and soil that can cause a serious infection in humans called listeriosis. It is particularly harmful to pregnant women, the young, the elderly, and people with weak immune systems, according to the FDA’s website.
Kellogg, the largest U.S. maker of breakfast cereals, fell 45 cents to $54.96 at 4 p.m. in New York Stock Exchange composite trading. The shares have gained 7.6 percent this year.
The FDA in January 2010 ordered Kellogg to improve sanitation controls at the different Georgia plant after Eggo buttermilk waffles were found contaminated with listeria bacteria. That, along with flooding and equipment changes at another waffle factory in 2009, slowed production for months and caused Eggo’s market share to drop.
Kellogg in June 2010 voluntarily recalled about 28 million boxes of cereal including Froot Loops and Honey Smacks, citing unusual taste and odor coming from the liner of packages. The recalled boxes were made at an Omaha, Nebraska, facility. North American cereal sales dropped 5 percent in 2010, partly because of the recall.
To contact the reporter on this story: Matthew Boyle in New York at Mboyle20@bloomberg.net.
To contact the editor responsible for this story: Steve Walsh at swalsh@bloomberg.net

Fisher Capital Management News: Steve Jobs pitches new Apple 'spaceship' campus to Cuperti by Fisher Capital Management News Mgmtnews

(1888PressRelease) July 09, 2011 - Apple CEO Steve Jobs revealed plans for a new headquarters for the company that "looks a little like a spaceship" at a City Council meeting in Cupertino, Calif., on Tuesday.

In his trademark black turtleneck, jeans and gray New Balance running shoes, Jobs said at the meeting the new building would hold 12,000 employees, and even house its own green-energy power plant.
Apple's current headquarters can only hold about 2,800 people, Jobs said, according to a YouTube video of his presentation posted by the council.

"We've got almost 12,000 people in the area," he said of Cupertino. "So we're renting buildings - not very good buildings, either - at an ever-greater radius from our campus and we're putting people in those. And it's clear that we need to build a new campus."

The new facility, as Apple envisions it, would be built on about 150 acres of land that the tech giant owns down the street from its current headquarters.

Jobs said Apple's plan would involve demolishing buildings now on the site and constructing a new ring-shaped building that would be four stories tall, with four floors of parking underneath.

In the process, the project would increase landscaping to make up about 80% of the site, which is only about 20% trees, plants and grass now, he said.

On Monday, Jobs was on stage in San Francisco, revealing Apple's new iCloud service at the company's Worldwide Developer Conference. Public appearances such as the two Jobs has made this week have been rare this year as the Apple co-founder has been on a leave of absence for medical concerns since January. He also announced the iPad 2 in March at an Apple event.

"It's a little like a spaceship landed," Jobs said of the planned facility. "It's a circle, and so it's curved all the way around. As you know if you build things, this is not the cheapest way to build something. There's not a straight piece of glass on this building, it's all curved.

"And we've used our experience in making retail buildings all over the world now, and we know how to make the biggest pieces of glass in the world for architectural use."

The proposed campus wouldn't rely on Cupertino's power grid for energy. Instead, it would run from an on-site power facility.

"I think what we're going to end up doing is making the energy center our primary source of power, because we can generate power with natural gas and other ways that can be cleaner and cheaper, and use the grid as our backup," Jobs said. "We think that makes more sense."

Mayor Gilbert Wong said in a statement that Cupertino is excited that Apple is moving forward with a new campus, an idea first mentioned to the city in 2006.

"When Apple submits their building plans later this year, we know that we will be looking at a state-of-the-art facility and all the challenges and opportunities that go along with that," Wong said.

The review process for the new Apple campus will be the same as any other construction project, with evaluations of environmental impacts, air quality, traffic and other matters, he said.

"The project will come to the City Council for approval in the fall of 2012," Wong said. "Following approval, Apple can submit building permits. Construction will follow, and Apple and the city expect the new campus to be completed by 2015."

Fisher Capital Management News: Steve Jobs, Apple sets new “space ship” City of Cupertino campus

http://www.popscio.com/2011/08/fisher-capital-management-news-steve-jobs-apple-sets-new-space-ship-city-of-cupertino-campus/

FCM news article

Apple CEO Steve Jobs unveiled plans for a new headquarters for the company? looks a bit like a spaceship? Council meeting in Cupertino, Calif., his trademark black turtleneck Tuesday.In, jeans and gray New Balance running shoes, Jobs said at a meeting of the new building would prevent 12,000 people, and even your house plant.Apple stream of green energy? The current headquarters is only about 2,800 people, said Jobs, according to a report posted by a YouTube video of their live.? We? I almost 12,000 people in the area? He said the Cupertino. ? So are we? Re lease the buildings? Buildings are not very good, either? increasing the radius of our campus and we? re put the people. And it? Obviously, we need to build a new university.? The new facility, such as Apple’s built-in set is about 150 hectares, the tech giant, which owns the street, said the current headquarters.Jobs Apple? The plan would involve demolition of buildings now on the ground and the construction of a new ring-shaped building had four floors, four-floor parking underneath.In process, the project would increase the landscaping area of ​​about 80%, only about 20% of trees, plants and grass now he said.On Monday, Jobs on stage in San Francisco, which Apple? icloud new service with the company? ‘S Worldwide Developers Conference. Public appearances this week as the two jobs are rare this year, Apple’s founder has been a medical leave since January. He also announced the second iPhone March at the Apple event.? It? There is a bit like a spaceship landed on? Jobs said it planned to install. ? It? There is a circle, and so on? S bend all the way around. As you know, if you build things, it’s not the cheapest way to build something. There is? It is not a straight piece of glass in that building, then? All bent.? And we? Have used our experience in making retail stores all over the world today, and we know how the pieces of glass for architectural use in the world.? The proposed campus would not be? trust in Cupertino? s energy into electrical energy. Instead of going on-site power in half.? I think we are? You go to the end, the energy center of our primary energy source because we can produce energy with natural gas and other cleaner and cheaper ways to use the network, and if we backup? Jobs said. ? We think it makes more sense.? The Mayor Gilbert Wong said in a statement that Cupertino is happy that Apple is moving to a new campus, the idea of ​​the former city of the 2006th? If Apple puts his plans later this year, we know we look at the state-of-the-art facilities and all the challenges and opportunities that go with it? Wong said.The new Apple campus review process is the same as any other construction project in which environmental impact assessment, air quality, traffic and other issues, he said.? The project will the city council for approval in autumn 2012? Wong said. ? Once approved, Apple may be building. Construction will follow and Apple and wait for the new urban university completed the 2015th