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Iglauer has spent his career championing artists including Koko Taylor, Albert Collins, Lonnie Brooks, Mavis Staples and Charlie Musselwhite, among many others. The label’s current roster includes Marcia Ball, Selwyn Birchwood, Tommy Castro, James Cotton, Jesse Dee, Rick Estrin & the Nightcats, JJ Grey & Mofro, The Hol...
Putting his money where his mouth is, Iglauer has been known to open his home to musicians needing a place to live during times of personal trouble. He is the founder and current co-director of the Blues Community Foundation, dedicated to supporting blues music education and assisting blues musicians and their families...
Beggars Group founder Martin Mills was the inaugural winner of the award in 2012. Nominations for the 2015 Libera Awards will be announced this Friday, April 25, and voting will open immediately to the A2IM independent music community.
CHICAGO, April 16 (Reuters) - U.S. grain and soybean futures slumped on Tuesday with strong crop ratings and increased forecasts for global harvests pushing Chicago Board of Trade wheat to a one-month low.
Wheat prices came under pressure after the U.S. Department of Agriculture, in a weekly report on Monday, rated 60 percent of the U.S. winter wheat crop in good to excellent condition. That was unchanged from the previous week and in line with trade expectations, but up from 31 percent a year ago.
The ratings helped fuel projections for plentiful global inventories, traders said, after Germany's association of farm cooperatives said the country's wheat harvest will jump 20.6 percent in 2019.
Agriculture consultancy SovEcon on Monday raised its forecast for Russia's 2019 wheat crop to 83.4 million tonnes from 80 million tonnes, signaling bigger supplies in the world's top exporter.
"Wheat is the loss-leader today," said Karl Setzer, operations manager for Citizens LLC, a U.S. grain elevator company.
The most active wheat contract on the CBOT was down 15-1/4 cents at $4.44-1/4 a bushel by 12:52 p.m CDT (1752 GMT). K.C. hard red winter wheat and MGEX spring wheat set contract lows.
CBOT corn was down 4-3/4 cents at $3.58 a bushel. Soybeans sank 11-1/2 cents to $8.87-1/4 a bushel.
The USDA, in its Monday report, said 3 percent of the corn crop has been planted, behind the five-year average of 5 percent. Wet weather has slowed planting in parts of the Delta region and Midwest, and more rain is expected later this week, according to forecasters.
However, traders said they were not overly worried about planting delays yet because there is still time to put the crop in the ground without reducing yields. Also, farmers can use large planting machines to plant crops quickly.
"Planting delays don't mean anything right now," said Jim Gerlach, president of U.S. broker A/C Trading.
In the soybean market, heavily reliant on Chinese imports, hopes for a positive outcome from U.S.-China trade talks have underpinned prices. But massive disruptions to China's pig sector due to the hog disease African swine fever could cut demand for soymeal feed even in the event of a trade agreement with Washington.
Also, the details and timing of a trade agreement remain uncertain, Gerlach said.
The Amazon stock price is down over 9% in the first week of trading for 2016, which has coincided with the broader market sell-off. In the same time, the Nasdaq is down 6.55% and the Dow Jones has dropped 5.58%.
But despite the drop by AMZN, we are still very bullish on the Amazon stock price.
Over the last five years, Amazon stock has climbed 230%. In the same time, the Nasdaq is up 76% and the Dow Jones has climbed just 42%.
And Money Morning Defense & Tech Specialist Michael A. Robinson credits the vision of CEO Jeff Bezos for turning Amazon into the retail titan it is today.
"Analysts thought Amazon.com Inc. (Nasdaq: AMZN) should stick to its knitting as an online store," Robinson stated at the end of December. "But what Bezos knew, and the Wall Street crowd missed, was something called the 'power of scale.'"
You see, Amazon was originally just an online book store.
But since that time, Bezos has turned Amazon into a retail powerhouse. In July 2015, Amazon surpassed Wal-Mart Stores Inc. (NYSE: WMT) as the world's largest retailer by market value.
As of early October 2015, statistic provider DMR reported that 44% of web shoppers go directly to Amazon when they search for a product.
Amazon is clearly a leader in the online retail market, which is why AMZN shares have returned 35,647% to investors who first invested in 1997.
Growth and innovation are critical for technology companies. Lack of innovation is why the Yahoo! Inc. (Nasdaq: YHOO) stock price is falling and shareholders are seeking for CEO Marissa Mayer to step down.
Future innovation, however, isn't a problem for Amazon.
Robinson found an emerging market that Bezos is investing in now, and it's a market that research firm IDC predicts will be worth $1.7 trillion by 2020.
In October 2015, Amazon established a foothold in the Internet of Everything, also known as IoT.
IoT objects like electronics, software, and sensors collect and exchange data. This could allow for future innovation like using a smartwatch to share your location with an autonomous vehicle so that it can pick you up.
The Internet of Things is being called the next Industrial Revolution, according to Business Insider.
A BI Intelligence report states that over 34 billion devices will be connected to the Internet of Things by 2020. Individual consumers will be able to connect their smartphones, tablets, and smartwatches to the IoT.
Amazon IoT is currently in beta testing, but it will allow clients to create cloud-based applications for web-connected devices. For instance, a consumer could receive data from temperature sensors in their home and then remotely adjust the temperature of their home without physically being there.
IoT offers plenty of retail opportunities, but governments and businesses will be the largest consumers of IoT solutions.
This means that Amazon IoT will receive huge contracts for its services and continually increase its revenue as demand for its services grow.
"Bezos has once again broken ground for another multibillion-dollar web business," Robinson told his Strategic Tech Investor readers.
Amazon crushed its Q3 2015 earnings report by recording earnings per share (EPS) of $0.17 on revenue of $25.4 billion. Analysts had projected a loss of $0.13 per share on revenue of $24.9 billion.
The Bottom Line: Amazon maintains its role as a retail titan and will grow its revenue even more through the Internet of Things. And with the Internet of Things being a $1.7 trillion industry by 2020, the Amazon stock price will continue to reward long-term investors in 2016.
LOS ANGELES (AP) — The husband and wife team behind HGTV's "Flip or Flop" have announced their separation six months after police were called to their home over what the couple called an "unfortunate misunderstanding."
Tarek and Christina El Moussa say in a statement that police were called out of "an abundance of caution." They say there was no violence and no charges were filed.
The couple says the incident prompted them to seek counseling and they've decided to separate while evaluating the future of their marriage. The statement says they plan to continue their professional life together.
HGTV says that it will honor any decision that works best for the couple and their children and that the home renovation series "will continue production as scheduled."
TMZ first reported the couple's separation Monday.
Television ownership and TV viewership have both grown significantly in the last two years, as per Broadcast India, a survey by Broadcast Audience Research Council (BARC) India.
Television ownership and TV viewership have both grown significantly in the last two years, as per Broadcast India, a survey by Broadcast Audience Research Council (BARC) India. The report finds that total TV households grew by 7.5%, rising from 183 million households in 2016 to 197 million households in 2018 till date...
The growth rate in TV homes in India is higher than the overall home ownership growth. The total number of homes according to the survey was 286 million in 2016 and it has grown to 298 million this year, securing a 4.2% growth. TV homes grew by 7.5% in the same period.
Rural India dominates TV ownership growth — in 2016, it had 99 million television households; that number is 109 million currently, securing a 10% growth. Menon believes that there are macroeconomic factors driving the growth of TV penetration in the rural market. “The income level among the poor has increased and with...
The urban market, which is somewhat saturated now, grew by 4% over the last two years. The growth in rural TV ownership contributed to 13% growth in viewership while the urban TV owners-hip growth corresponded to 10% growth in overall TV viewership.
The total advertising pie is estimated to be Rs 69,346 crore in CY2018, according to GroupM’s This Year Next Yearreport, of which 18% is estimated to be spent on digital, 45% on TV, 26.6% on print and the remaining 10.4% on other mediums such as OOH, radio and cinema.
“Television is a great product at a great price. It is tough to find so much content available at such an affordable price,” says Ashish Pherwani, partner, media and entertainment, EY India.
Contrary to common perception that rural India only consumes free-to-air (FTA) channels and hardly contributes to the average revenue per user (ARPU), the BARC India report finds that the viewership of high definition (HD) channels in rural areas grew by 37% over the last two years. “It is not correct to say that peopl...
Hindi general entertainment channels (GECs), sports and movies genres have played a pivotal role in the growth of HD viewership. Overall high definition viewership grew by 20% in India.
“Cord cutting happens in the US because cable is expensive and internet is cheap,” says Menon of KPMG. “Cable here is cheap — in mega cities it is Rs 250 per month and in smaller cities, it is about Rs 150 per month for 800 channels.” With India being a household viewing market traditionally, digital is adding viewers ...
Former Chiefs/Texas defensive tackle Jerrell Powe is going back to school at Ole Miss to get his degree.
HATTIESBURG — On the road from Malibu to the airport, Jerrell Powe left his lane.
Powe was riding with his friend, fellow NFL player and Mississippi native Eugene Sims, one day this August when the 49ers strength and conditioning coach Ray Wright called. Sims pulled over, and Powe got out of the car. The 49ers wanted to sign Powe.
“What do you want to do?” Wright asked.
Powe thought about it. The back problems. The limp in his right leg. The wrist that doesn’t bend. The anxiety attacks. The atrial fibrillation in his heart. The risk of CTE. Did he really want to go to another new city, live out of a hotel until he knew if he made the team, bus to practice until he found a place and li...
He then thought of his 2-year-old son, Jayce.
It was a painful path which led Powe to this point. It took three years to become academically eligible at Ole Miss. He fell to the sixth round of the NFL Draft, a slide he attributes to already being 24 years old. He played for three teams in six seasons. There were health scares along the way.
No, he decided. It was time for something else.
“Man, I don’t think I want to do it anymore,” Powe told Wright.
Powe got in the car, flew to Mississippi and started the rest of his life. Like generations of retired pro athletes before him, Jerrell Powe was now in between two places: what he always wanted and what comes after.
Powe believes in that advice. He lives by it. He played football because it’s what he knew. He worked at the Wayne County jail while he tried to get into school and now is getting a degree in criminal justice. His grandfather, uncle and cousins were truck drivers, and now Powe is starting a trucking business.
People’s lives are often dictated by the lane they started in, but how do you change that?
Powe didn’t have a father figure until people like Joe Barnett, Judge Dewayne Thomas, Jim Carroll, and Marvin Chapman filled that role. Barnett, a Wayne County teammate's father, is who Powe considers his real father, and he helped Powe get his grades in order. Chapman, his defensive line coach at Wayne County High Sch...
Powe's life got on the right track when the father figures came into his life. Now he has the chance to give Jayce a father from the start. He already beats himself up for missing time in Jayce's first two years because of football. Jayce lives in Houston with his mother, but Powe makes the time to see him as much as p...
Melvin Mathis, one of Powe's closest friends, said Powe always talked about wanting kids. He just wants to ensure his son begins in a better lane than he did.
“Jayce is the reason that Jerrell does a lot of the things he does today,” said Tyson Jackson, Powe’s former Kansas City Chiefs teammate.
Football was Powe’s road toward a better life, maybe his only one. Now Powe is back at school and finishing his degree. He’s jumping into the business world. He’s providing Jayce with options.
Mathis said Powe drains himself trying to live to the expectations of others. He works so hard to make people around him happy and leaves himself anxious and in pain.
He's the kind of person to call and make sure Mathis's company — Elite Mobile Car Wash and Detailing in Oxford — gets mentioned.
Powe played against former Brookhaven star Jimmy Johns in high school, and the two have remained friends. Johns grew up poor — he and his family grew their own food and boiled water from the creek because they didn’t have running water. Powe didn’t grow up much different, eating bread and mayonnaise or bread and syrup.
That life will always be at Powe’s core, Johns thinks. Powe doesn’t need much more than that. But when Johns was on FaceTime with the Powe the day after the latter’s retirement party last month, Powe had to call him back. Powe had a business meeting.
Powe’s home is tucked, somewhat alone, in the back of a cul de sac in Hattiesburg. His Escalade is parked out front. Some old-school Nelly is playing loudly when the doorbell rings.
When he opens the door, he’s wearing the same green No. 41 Under Armour shirt he sported at the 2011 NFL Combine. Tennis is playing on the TV. Some memorabilia is on the floor, and more are propped against the walls. He’s still settling in.
Powe’s days since retirement have been pretty straightforward. He works out just about every day. He, Jackson and former teammates Anthony Toribio promised each other they would lose weight when football was over, so Powe is trying to lose 40 or 50 pounds. A lot of his time is spent organizing his memorabilia, finding ...
He’s also working on finishing his criminal justice degree at Ole Miss.
Powe has more reason to hate school than most people. The system failed him. The NCAA denied him eligibility. When he did meet its requirements, the NCAA questioned it and made him wait another year. Then, he had to spend a year at Ole Miss on financial aid before joining the team.
Yet Powe doesn’t hate school. He doesn’t resent it. He used to, when he was getting up at 6 a.m. to march and salute the flag at Hargrave (Va.) Military Academy, trying to improve his grades while reading years of articles about his academic struggles and the anonymous commenters that said he’d soon be working at a car...
Now, he takes responsibility for most of it — even if much wasn’t his fault. He says he could have done more earlier to get his grades up.
He originally wanted to take that criminal justice degree into law enforcement. He’s always been interested in the Secret Service. But he’s too big for that now, he said, and being involved with the police has lost its luster these days because of the danger and the constant backlash directed towards officers.
Powe is in the process of getting into the trucking business. It’s what he knows. Retirement won’t be too different for Powe, Jackson said, because Powe was always a progressive thinker and was always focused on how to succeed in business after football. Jackson thinks Powe’s real calling might be politics. Powe has sa...
Powe doesn’t know for sure what’s next, but he has the freedom to make it what he wants.
Bright and Powe talked about how easy life would be once they got to the NFL. "I just knew for sure," Powe says, "we all were going to be there one day."
Powe was the only one who made the NFL, and life was never as easy as they all dreamt. This isn’t some story about how hard the NFL was. Powe loves football and misses it plenty, texting his buddies before and after games, giving them his critiques.
He loves talking about the people he respects — how Jimmy Johns is the best high school player he played against, J.J. Watt is the best overall player and hardest worker, Marshall Yanda is the best offensive lineman and Jackson and Toribio are the best teammates.
Football takes a toll, though. Powe started having panic attacks when he made it to the NFL. The league was his dream, but that dream comes with stresses.
He had to memorize the whole playbook, take hits constantly, deal with the mental pressures and still worry about keeping his job. There were 30 people watching him every day and 100 people out there trying to take his spot.
Claustrophobia brings the panic attacks on. He doesn’t use bathrooms on planes or busses. He refuses to ride an elevator alone, so he has waited by one for hours for somebody else to come along. Fatigue causes them, which is why he doesn’t really go out or stay late at clubs. Depression is a factor. He doesn’t want Jay...
Mathis said Powe will call friends in the middle of the night to come over and lay with him during an attack. He wakes Mathis to go sleep downstairs on the couches in the living room with him, half of Powe's 300-something pound body on the couch, the other half on the floor.
Football players don’t usually talk about these things. They can’t really. Any sign of issue or injury could cost them their jobs. It’s a profession almost entirely dependent on physical or mental strength. Powe’s body, on top of his mind, took on plenty of damage for the game.
“Have you ever seen a grown man this hard that just can’t really lay in the bed and sleep?" Mathis said.
Powe would prefer Jayce didn’t play football. He wouldn’t stop him if that’s what Jayce wanted to, but his preference would be that his son would take up basketball or baseball or something else entirely.
Powe didn’t have those options. He saw one real lane to make a better life for himself: Football.
That won’t be the case for his son.
Before Powe retired, he and Sims went to dinner. Sims wanted to take Powe somewhere nice while he was in Malibu. They went to Nobu. Two black men from small-town Mississippi eating a fancy meal, looking out at the water and debating their futures.
Powe had a choice about what came next. Despite every dig made at his expense, every time he wondered if he should quit, he changed his life’s circumstances.
There will come a day in January in which Powe will be in an Ole Miss classroom again. He’s been taking online classes this fall but will be in Oxford in January, when the next semester begins.
It’s going to be a weird experience. He knows that. School won’t be a step toward the NFL. It is the primary focus now. Powe said he just prays he’s not in a class with Benito Jones — another star Wayne County defensive lineman who Powe has helped mentor — or somebody else he knows. He doesn’t want to mess around or ha...
While Powe sits in that classroom and finishes up his degree, one people didn’t think he’d ever get, it’s not going to be about criminal justice, the trucking business or whatever Powe decides to do with the next 30 years. That’s the fun part. That’s where he can decide what he really enjoys.