Blog Posts by Simplus Information Services

  • WASHINGTON (Reuters) - BMW (BMWG.DE) is recalling 91,800 Mini Coopers in the United States to replace a defective sensor that may prevent the front passenger seat air bag from deploying in a crash, the German automaker said on Saturday.

    In documents posted on the U.S. National Highway Traffic Safety Administration website, BMW said the recall of certain model year 2005 to 2008 Mini Cooper and Mini Cooper S cars is expected to being on May 1.

    BMW said the front passenger seat air bag may not deploy because of a defect in the occupant detection mat. The company said the mat will be replaced in the recall.

    The automaker said it has received one report of a minor passenger injury possibly related to the defective mat.

    (Reporting by Eric Beech; Editing by Bernard Orr)

  • WASHINGTON (Reuters) - Beijing will accelerate reforms to the country's currency as part of a push for the yuan's inclusion in the International Monetary Fund's currency basket, China's central bank governor Zhou Xiaochuan said on Saturday.

    In a statement to the IMF steering committee, Zhou argued that Beijing had made strides toward making the yuan freely convertible, and that it should be included in the IMF's Special Drawing Rights basket.

    China has committed to further open its capital account and liberalize the way the exchange rate for the yuan, or RMB, is managed, including reducing currency market intervention.

    "China is not far from achieving its goal of RMB capital account convertibility," Zhou said.

    Winning approval for the yuan's inclusion in the IMF's currency basket could raise China's standing in the global financial system and mark an important step in Beijing's emergence as a global power.

    The

    Read More »from China says to accelerate reforms to support yuan in IMF currency basket
  • By David Chance and Anna Yukhananov

    WASHINGTON (Reuters) - The International Monetary Fund's member nations on Saturday warned of risks to the global economy from exchange rate shifts and geopolitical tensions as they took note of "moderate" global growth and "uneven prospects."

    While economies in developed countries have strengthened, some emerging nations are being hit by weaker commodity prices and exports, the IMF's steering committee noted in a communique.

    With the United States poised to hike interest rates, the panel - speaking for the Fund's 188 member nations - said moves toward "policy normalization" needed to be effectively communicated to reduce adverse impacts on other economies.

    It also said the "possibility of lower growth potential" was becoming an important global challenge, a topic the panel's chairman said was central to talks on Saturday.

    "I came out of this meeting with a sense of optimism," the

    Read More »from IMF nations point to exchange rate, geopolitical risks
  • Email: Affleck asked PBS to not reveal slave-owning ancestor

    Hacked emails: Affleck asked PBS not to reveal slave-owning ancestor; PBS says not censorship

    BOSTON (AP) -- Ben Affleck requested that the PBS documentary series "Finding Your Roots" not reveal he had a slave-owning ancestor, according to emails published online by whistleblower site WikiLeaks, and the information never appeared on the program.

    PBS and Harvard scholar Henry Louis Gates, host of the show that traces the ancestry of well-known guests, said in separate statements that they didn't censor the slave-owner details. Instead, more interesting ancestors of the actor emerged and Gates chose to highlight them in October's segment featuring Affleck, they said in the statements posted on the PBS website.

    "For any guest, we always find far more stories about ancestors on their family trees than we ever possibly could use," Gates said in an emailed statement to The Associated Press. He said finding slave-owning ancestors was very common in the series, and noted Ken Burns and Anderson Cooper were two guests with

    Read More »from Email: Affleck asked PBS to not reveal slave-owning ancestor
  • Morehouse School of Medicine Receives $1.2 Million Grant from United Health Foundation and Optum to Help Build Healthier Communities in Atlanta

    • Grant will support Morehouse’s Patient Centered Medical Home and Neighborhood Project to improve health among Atlanta’s most vulnerable and underserved urban communities
    • Medical Home takes culturally relevant approach to coordinate care, helping patients manage chronic diseases and reduce emergency care visits, improving outcomes and reducing costs

    ATLANTA--(BUSINESS WIRE)--

    Morehouse School of Medicine (MSM) has been awarded $1.2 million in grant funding and in-kind support by United Health Foundation and Optum to help support its Patient Centered Medical Home and Neighborhood Project.

    The Medical Home and Neighborhood Project provides an innovative primary-care delivery model and a series of community engagement programs to improve health in and around Atlanta’s East Point area, a largely African-American community with high rates of poverty and complex chronic diseases.

    A patient-centered medical home better organizes care by centering care delivery with the primary care provider, and then using health information technology and improved communication to help coordinate the patients’ treatments among their other care providers and others in the health system, which can lead to higher quality and lower costs.

    Read More »from Morehouse School of Medicine Receives $1.2 Million Grant from United Health Foundation and Optum to Help Build Healthier Communities in Atlanta
    Contact:
    Morehouse School of Medicine
    Ronna Charles Nu'Man, 404-752-1717
    rnuman@msm.edu
    or
    United Health Foundation
    Lauren Mihajlov, 952-936-3068
    lauren_mihajlov@uhg.com
  • Who are Apple's (AAPL) main competitors?

    The range of products and services offered by Apple Inc. ( AAPL) is broad, and the company is a fierce competitor in several industries, ranging from personal computers to entertainment media to mobile payment systems. Here is a list of the technology giant's main competitors by industry.

    Personal Computers

    While the personal computer running on Microsoft operating systems has remained aww favorite of consumers since the 1980s, Apple has maintained a loyal following of users who report high satisfaction with the company's Macintosh computers and Safari operating system. Major competitors in this space include Dell, Hewlett-Packard (HPQ), Acer and Lenovo ( LNVGY).

    Mobile computers

    The iPod revolutionized the Apple business model and spurred an entire industry of mobile computing imitators. Apple is by far the most profitable and biggest selling company in this industry. Competitors include Google ( GOOG), Samsung, Nokia and Asus.

    Smartphones

    The smartphone industry was once

    Read More »from Who are Apple's (AAPL) main competitors?
  • What is a good gearing ratio?

    A company's profit and loss statement, or balance sheet, gives a lot of insight into its degree of financial stability. For accountants and business owners, this information dictates numerous financial decisions, from budget allocation to hiring practices. In economics, companies' relative financial practices give insight into the state of the industry. For investors, an accurate assessment of the financial strength of a company means creating more informed trading strategies. In any of these sectors, the use of a gearing ratio is one of the most popular methods of evaluating a company's financial fitness. Though there are several variations, the most common ratio measures the amount of debt a company is liable for relative to its equity, often called the net gearing ratio.

    The net gearing ratio is calculated by dividing the total debt, including long- and short-term liabilities and bank overdrafts, by the total shareholder equity. Expressed as a percentage, this ratio reflects the

    Read More »from What is a good gearing ratio?
  • Who Should Buy 'Rent To Own'

    According to the Association of Progressive Rental Organizations, the rent-to-own business is an $8.5 billion industry. The rent-to-own transaction became popular in the 1970s as a way for consumers to acquire household goods – including furniture, electronics, major appliances, computers, instruments and jewelry – without having to pay full price up front or use a credit card. Over the years, the rent-to-own industry has grown to include fine art, bicycles, storage sheds, riding lawn mowers, and even wheels and tires. Here, we take a brief look at how rent to own works, and what consumers should know about it.

    How Rent to Own Works

    There are currently about 10,100 rent-to-own stores in operation in the U.S., Mexico and Canada, serving 4.8 million customers each year. As a renter, you enter into an agreement with one of these stores, make regular rent payments – either by the week or month – and after a predetermined number of payments, the item is yours to keep. Unlike a normal retail

    Read More »from Who Should Buy 'Rent To Own'
  • Finance officials see rising risks to economic recovery

    Global finance officials see rising risks to recovery, including possible Greek debt default

    WASHINGTON (AP) -- World finance officials said Saturday they see a number of threats on the horizon for a global economy still clawing back from the deepest recession in seven decades, and a potential Greek debt default presents the most immediate risk.

    After finance officials wrapped up three days of talks, the International Monetary Fund's policy committee set a goal of working toward a "more robust, balanced and job-rich global economy" while acknowledging growing risks to achieving that objective.

    The Greek finance minister, Yanis Varoufakis, held a series of talks with finance officials on the sidelines of the spring meetings of the 188-nation IMF and World Bank, trying to settle his country's latest crisis.

    Mario Draghi, head of the European Central Bank, said it was "urgent" to resolve the dispute between Greece and its creditors.

    A default, he said, would send the global economy into

    Read More »from Finance officials see rising risks to economic recovery
  • george lucas tribeca film festival(Jamie McCarthy/Getty Images)George Lucas explained how both Warner Bros. and Universal had made cuts to his films "THX 1138" and "American Graffiti," respectively.If you're a "Star Wars" fan you know that over the decades George Lucas as altered all the movies from the sage with enhancements, including new computer-generated special effects in the original trilogy.

    But in a conversation with Stephen Colbert at the Tribeca Film Festival on Friday, Lucas told a sold-out crowd that he actually went back and updated the previous films he made before "Star Wars" as well.

    Lucas' first two feature films, the experimental sci-fi cult hit "THX 1138" and successful comedy "American Graffiti," were released in the early '70s and both studios that released them took out five minutes of the films, to Lucas' displeasure.

    So when "Star Wars Episode IV - A New Hope" became a box-office sensation, Lucas went back to have the films corrected.

    "After 'Star Wars,' I went back to Warner Bros. and

    Read More »from After 'Star Wars' became a big hit, George Lucas demanded 5 minutes be put back in 'American Graffiti'

Blog Posts by Simplus Information Services

  • WASHINGTON (Reuters) - BMW (BMWG.DE) is recalling 91,800 Mini Coopers in the United States to replace a defective sensor that may prevent the front passenger seat air bag from deploying in a crash, the German automaker said on Saturday.

    In documents posted on the U.S. National Highway Traffic Safety Administration website, BMW said the recall of certain model year 2005 to 2008 Mini Cooper and Mini Cooper S cars is expected to being on May 1.

    BMW said the front passenger seat air bag may not deploy because of a defect in the occupant detection mat. The company said the mat will be replaced in the recall.

    The automaker said it has received one report of a minor passenger injury possibly related to the defective mat.

    (Reporting by Eric Beech; Editing by Bernard Orr)

  • WASHINGTON (Reuters) - Beijing will accelerate reforms to the country's currency as part of a push for the yuan's inclusion in the International Monetary Fund's currency basket, China's central bank governor Zhou Xiaochuan said on Saturday.

    In a statement to the IMF steering committee, Zhou argued that Beijing had made strides toward making the yuan freely convertible, and that it should be included in the IMF's Special Drawing Rights basket.

    China has committed to further open its capital account and liberalize the way the exchange rate for the yuan, or RMB, is managed, including reducing currency market intervention.

    "China is not far from achieving its goal of RMB capital account convertibility," Zhou said.

    Winning approval for the yuan's inclusion in the IMF's currency basket could raise China's standing in the global financial system and mark an important step in Beijing's emergence as a global power.

    The

    Read More »from China says to accelerate reforms to support yuan in IMF currency basket
  • By David Chance and Anna Yukhananov

    WASHINGTON (Reuters) - The International Monetary Fund's member nations on Saturday warned of risks to the global economy from exchange rate shifts and geopolitical tensions as they took note of "moderate" global growth and "uneven prospects."

    While economies in developed countries have strengthened, some emerging nations are being hit by weaker commodity prices and exports, the IMF's steering committee noted in a communique.

    With the United States poised to hike interest rates, the panel - speaking for the Fund's 188 member nations - said moves toward "policy normalization" needed to be effectively communicated to reduce adverse impacts on other economies.

    It also said the "possibility of lower growth potential" was becoming an important global challenge, a topic the panel's chairman said was central to talks on Saturday.

    "I came out of this meeting with a sense of optimism," the

    Read More »from IMF nations point to exchange rate, geopolitical risks
  • Email: Affleck asked PBS to not reveal slave-owning ancestor

    Hacked emails: Affleck asked PBS not to reveal slave-owning ancestor; PBS says not censorship

    BOSTON (AP) -- Ben Affleck requested that the PBS documentary series "Finding Your Roots" not reveal he had a slave-owning ancestor, according to emails published online by whistleblower site WikiLeaks, and the information never appeared on the program.

    PBS and Harvard scholar Henry Louis Gates, host of the show that traces the ancestry of well-known guests, said in separate statements that they didn't censor the slave-owner details. Instead, more interesting ancestors of the actor emerged and Gates chose to highlight them in October's segment featuring Affleck, they said in the statements posted on the PBS website.

    "For any guest, we always find far more stories about ancestors on their family trees than we ever possibly could use," Gates said in an emailed statement to The Associated Press. He said finding slave-owning ancestors was very common in the series, and noted Ken Burns and Anderson Cooper were two guests with

    Read More »from Email: Affleck asked PBS to not reveal slave-owning ancestor
  • Morehouse School of Medicine Receives $1.2 Million Grant from United Health Foundation and Optum to Help Build Healthier Communities in Atlanta

    • Grant will support Morehouse’s Patient Centered Medical Home and Neighborhood Project to improve health among Atlanta’s most vulnerable and underserved urban communities
    • Medical Home takes culturally relevant approach to coordinate care, helping patients manage chronic diseases and reduce emergency care visits, improving outcomes and reducing costs

    ATLANTA--(BUSINESS WIRE)--

    Morehouse School of Medicine (MSM) has been awarded $1.2 million in grant funding and in-kind support by United Health Foundation and Optum to help support its Patient Centered Medical Home and Neighborhood Project.

    The Medical Home and Neighborhood Project provides an innovative primary-care delivery model and a series of community engagement programs to improve health in and around Atlanta’s East Point area, a largely African-American community with high rates of poverty and complex chronic diseases.

    A patient-centered medical home better organizes care by centering care delivery with the primary care provider, and then using health information technology and improved communication to help coordinate the patients’ treatments among their other care providers and others in the health system, which can lead to higher quality and lower costs.

    Read More »from Morehouse School of Medicine Receives $1.2 Million Grant from United Health Foundation and Optum to Help Build Healthier Communities in Atlanta
    Contact:
    Morehouse School of Medicine
    Ronna Charles Nu'Man, 404-752-1717
    rnuman@msm.edu
    or
    United Health Foundation
    Lauren Mihajlov, 952-936-3068
    lauren_mihajlov@uhg.com
  • Who are Apple's (AAPL) main competitors?

    The range of products and services offered by Apple Inc. ( AAPL) is broad, and the company is a fierce competitor in several industries, ranging from personal computers to entertainment media to mobile payment systems. Here is a list of the technology giant's main competitors by industry.

    Personal Computers

    While the personal computer running on Microsoft operating systems has remained aww favorite of consumers since the 1980s, Apple has maintained a loyal following of users who report high satisfaction with the company's Macintosh computers and Safari operating system. Major competitors in this space include Dell, Hewlett-Packard (HPQ), Acer and Lenovo ( LNVGY).

    Mobile computers

    The iPod revolutionized the Apple business model and spurred an entire industry of mobile computing imitators. Apple is by far the most profitable and biggest selling company in this industry. Competitors include Google ( GOOG), Samsung, Nokia and Asus.

    Smartphones

    The smartphone industry was once

    Read More »from Who are Apple's (AAPL) main competitors?
  • What is a good gearing ratio?

    A company's profit and loss statement, or balance sheet, gives a lot of insight into its degree of financial stability. For accountants and business owners, this information dictates numerous financial decisions, from budget allocation to hiring practices. In economics, companies' relative financial practices give insight into the state of the industry. For investors, an accurate assessment of the financial strength of a company means creating more informed trading strategies. In any of these sectors, the use of a gearing ratio is one of the most popular methods of evaluating a company's financial fitness. Though there are several variations, the most common ratio measures the amount of debt a company is liable for relative to its equity, often called the net gearing ratio.

    The net gearing ratio is calculated by dividing the total debt, including long- and short-term liabilities and bank overdrafts, by the total shareholder equity. Expressed as a percentage, this ratio reflects the

    Read More »from What is a good gearing ratio?
  • Who Should Buy 'Rent To Own'

    According to the Association of Progressive Rental Organizations, the rent-to-own business is an $8.5 billion industry. The rent-to-own transaction became popular in the 1970s as a way for consumers to acquire household goods – including furniture, electronics, major appliances, computers, instruments and jewelry – without having to pay full price up front or use a credit card. Over the years, the rent-to-own industry has grown to include fine art, bicycles, storage sheds, riding lawn mowers, and even wheels and tires. Here, we take a brief look at how rent to own works, and what consumers should know about it.

    How Rent to Own Works

    There are currently about 10,100 rent-to-own stores in operation in the U.S., Mexico and Canada, serving 4.8 million customers each year. As a renter, you enter into an agreement with one of these stores, make regular rent payments – either by the week or month – and after a predetermined number of payments, the item is yours to keep. Unlike a normal retail

    Read More »from Who Should Buy 'Rent To Own'
  • Finance officials see rising risks to economic recovery

    Global finance officials see rising risks to recovery, including possible Greek debt default

    WASHINGTON (AP) -- World finance officials said Saturday they see a number of threats on the horizon for a global economy still clawing back from the deepest recession in seven decades, and a potential Greek debt default presents the most immediate risk.

    After finance officials wrapped up three days of talks, the International Monetary Fund's policy committee set a goal of working toward a "more robust, balanced and job-rich global economy" while acknowledging growing risks to achieving that objective.

    The Greek finance minister, Yanis Varoufakis, held a series of talks with finance officials on the sidelines of the spring meetings of the 188-nation IMF and World Bank, trying to settle his country's latest crisis.

    Mario Draghi, head of the European Central Bank, said it was "urgent" to resolve the dispute between Greece and its creditors.

    A default, he said, would send the global economy into

    Read More »from Finance officials see rising risks to economic recovery
  • george lucas tribeca film festival(Jamie McCarthy/Getty Images)George Lucas explained how both Warner Bros. and Universal had made cuts to his films "THX 1138" and "American Graffiti," respectively.If you're a "Star Wars" fan you know that over the decades George Lucas as altered all the movies from the sage with enhancements, including new computer-generated special effects in the original trilogy.

    But in a conversation with Stephen Colbert at the Tribeca Film Festival on Friday, Lucas told a sold-out crowd that he actually went back and updated the previous films he made before "Star Wars" as well.

    Lucas' first two feature films, the experimental sci-fi cult hit "THX 1138" and successful comedy "American Graffiti," were released in the early '70s and both studios that released them took out five minutes of the films, to Lucas' displeasure.

    So when "Star Wars Episode IV - A New Hope" became a box-office sensation, Lucas went back to have the films corrected.

    "After 'Star Wars,' I went back to Warner Bros. and

    Read More »from After 'Star Wars' became a big hit, George Lucas demanded 5 minutes be put back in 'American Graffiti'

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(13,33,578 Stories)

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