5 Comments By Hilary Potkewitz Dec. 15, 2018 11:00 a.m. ET Illustration: Carol Henaff The two smartphone apps taking meditation mainstream exude a Zen vibe and trumpet nearly identical missions to increase health and happiness around the world. But behind the blissful marketing mantras, Headspace and Calm are locked in a head-to-head fight to dominate the booming $1.2 billion meditation market. “I would say we’re in mindful competition with each other,” says Michael Acton Smith, co-CEO and co-founder of Calm, based in San Francisco. “And they have six times as many employees as we do.” Calm has a staff of about 40, while Headspace employs 230. “The irony is not lost on me,” says Rich Pierson, CEO and co-founder of Headspace, of the rivalry with Calm. But he’d rather focus on his Santa Monica, Calif.-based company’s authenticity, he says, which is drawn from co-founder Andy Puddicombe’s 10 years of … [Read more...] about Headspace vs. Calm: The Meditation Battle That’s Anything but Zen
P r corporation
The names of The Fallen of The Great War from Hastings are listed here as an act of remembrance. Names have been taken from www.roll-of-honour.com - an exemplary resource for anyone interested in discovering more about the impact the First World War had on our communities 100 years ago. It contains much more information than is listed here. Many of the names have been sourced from “Soldiers Died in the Great War 1914-1918” a list created by HMSO in 1921 and is an official list of war dead. We have added names from the Hastings War Memorial and the Roll of Honour in Hastings Town Hall. Andrew Abel. Private in the Canadian Infantry Canadian. Died on Thursday, February 15, 1917 Age 18 R H Abraham. Regimental Quarter Master SergeantRobert Horace Abraham. Royal Sussex Regiment, died 28 August 1917A T Abrey. PrivateCecil Lewis Adams. Royal Army Medical Corps, died 16 July 1916 Charles Adams. Royal Sussex Regiment, died 25 July 1917Charles Richard Adams. Deck Hand in the Royal … [Read more...] about Roll of Honour of those killed in the First World War from Hastings, East Sussex
No bull: More than two-thirds of the S&P 500's individual stocks are now either in a "correction" or a bear market. More than 350 companies out of the 500 tracked by the S&P 500 index have lost more than 10 percent of their value since hitting their 52-week highs, according to a recent analysis from Reuters. Within that group around 180 stocks are now in bear market territory, with their shares having lost more than 20 percent of their value since hitting their 52-week high. A bear market is one where stock prices decline at least 20 percent from their recent peak. A correction is when shares drop at least 10 percent from their recent highs. Shares on Thursday opened higher, regaining some of the ground lost earlier this week. For some investors, the slump in S&P 500 companies' shares is a bright red flag. Their chief concern is that U.S. and global economic growth has hit its high-water mark for the current business cycle and is already starting to … [Read more...] about The hidden bear market: Most S&P 500 stocks are in “correction”
All at sea Investors could lose more than $4 billion after the bankruptcy of shipping container leasing firm P&R. To make matters worse, prosecutors are now investigating how the company “mislaid” a million of its storage units. By Gertrud Hussla, Lars-Marten Nagel Published on May 18, 2018 4:50 pm Shipping containers. Typical ones are a standardized size of 40ft (12.2m) by 8ft by 8.5ft and have the name of the owner painted in enormous lettering on the side. So hard to miss. The question, then, is how do you lose a million of them? That’s what thousands of investors in the P&R Group have been left asking after the container leasing company went bankrupt and it emerged that it owned a million less containers than it had claimed. Some 54,000 investors are thought to be out of pocket as a result, with a total 0f more than $4 billion thought to have gone up in smoke. They had thought they were on to a good thing. P&R’s attraction was … [Read more...] about How did shipping firm P&R lose a million containers?
Cheryl Makin Bridgewater Courier News Published 1:01 p.m. UTC Jul 12, 2018 NEW BRUNSWICK, N.J. — Geoffrey the Giraffe, the 16-foot-tall fiberglass Toys R Us mascot, has made a move to a new home less than two weeks after the retailer's U.S. toy stores closed their doors. At one point, the future of Geoffrey — about as tall as a real male giraffe — was in doubt as the 70-year-old company filed for bankruptcy and liquidated operations, including its corporate headquarters in Wayne, New Jersey. Because of Geoffrey's size and the cost associated with transportation and installation, the company struggled to find someone to buy him. No one made a bid. As the June 30 deadline to clear out and clean up drew closer, the Toys R Us liquidation adviser, Joseph Malfitano of Boulder, Colorado, bought the giraffe and paid $10,000 to have Geoffrey packed and shipped the 50 miles here to Bristol-Meyers Squibb Children's Hospital at Robert … [Read more...] about Giant Toys R Us mascot Geoffrey the Giraffe starts second career at children’s hospital