Business

Dear Savannah: I just couldn’t believe my ears. During a recent “Today” segment, which featured fancy kitchen and bar gadgets, you shared personal testimony that you have never tasted a Moscow Mule. What followed was a shock wave that made its way from NBC’s Studio 1A in Rockefeller Plaza throughout the global cocktail community. I’d rather light a candle than curse your darkness, as the Chinese proverb says, so here’s my formal offer to take you on a personal tour of some of our community’s best Moscow Mules when you’re back home in Tucson. In the meantime, here’s a tease to get you started. With two Tucson locations, Sir Veza’s Taco Garage offers a regional twist on the Moscow Mule, which traditionally integrates vodka, ginger beer, and lime juice. Sir Veza’s replaces the vodka...
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Dear Prime Minister, Congratulations on your election victory from the British Chambers of Commerce, the 52 accredited Chambers in every nation and region of the United Kingdom, and our growing network of overseas British Chambers and business groups helping companies to trade around the world. In return for your continued commitment to an environment that encourages enterprise and aspiration, businesses in all parts of the United Kingdom stand ready to deliver prosperity, jobs, and sustained economic growth. Over the coming months, you must use your strengthened mandate to take bold action on six issues that will determine the UK’s economic future: PUBLIC SPENDING: business wants a plan for fiscal consolidation that is carefully balanced with the overriding need to nurture...
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Dear Prime Minister, Congratulations on your election victory from the British Chambers of Commerce, the 52 accredited Chambers in every nation and region of the United Kingdom, and our growing network of overseas British Chambers and business groups helping companies to trade around the world. In return for your continued commitment to an environment that encourages enterprise and aspiration, businesses in all parts of the United Kingdom stand ready to deliver prosperity, jobs, and sustained economic growth. Over the coming months, you must use your strengthened mandate to take bold action on six issues that will determine the UK’s economic future: PUBLIC SPENDING: business wants a plan for fiscal consolidation that is carefully balanced with the overriding need to nurture...
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Dear Dillon Business Colleague, I urge all businesses licensed by the Town of Dillon to make a difference by becoming a member of the Dillon Business Association (DBA) this year. Members of the DBA enjoy many meaningful benefits and are part of a vibrant, fast-growing organization dedicated to promoting businesses in Dillon. We strive to include and serve all of Dillon’s businesses. What does the Dillon Business Association do? We raise money from the alcohol and merchandise concessions at the Lake Dillon Brew Festival and the Friday night concert series at the amphitheater, as well as the DBA Farmers Market booth. These activities allow us to have nominal dues of $75.00 per business. We use this pool of income to give back benefits to our members that help them promote their...
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Dear Premier, I am writing to you today about an issue that was brought to light late last week regarding a craft brewery called Forked River Brewing Company that operates in my riding of London-Fanshawe. They are a local business established in 2012 by three former Western University students. These entrepreneurs have made an investment in our community and have been running a successful craft brewery for over two years. They would now like to expand their business and create local jobs by opening a retail store at which to sell their product. Unfortunately, the owners of the brewery are facing a serious barrier to their ability to open a retail store; a barrier that hinges on a technicality in the policies of the Alcohol and Gaming Commission of Ontario. Premier, please ensure that...
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Dear Fellow Shareholders: For some time we have been seeking to see increased value delivered to the shareholders of JDSU, who have suffered several years of under-performance, missed expectations, and broken promises at the hands of the Company’s existing management team and Board of Directors (the “Board”). While the proposed spin-off of the Company’s CCOP business was a positive development, we and many other investors, in addition to numerous members of the analytical community, have thought that a sale of CCOP prior to a spin-off would ultimately result in more value accruing to the shareholders of JDSU. Recent actions suggest to us, however, that the Company does not intend to sell CCOP prior to its spin-off, and has filed documents with the SEC discussing the proposed CCOP spin-...
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Dear Australian retail industry, I’ve had enough of you. I’m sick of your fortnightly catalogues offering the latest home wares to redecorate my home for spring, or winter, or whatever the next season may be. And don’t forget the end of year silly seasons garlands you feel we must have. And really, who needs Easter decorations? One of you retail giants reckon I should fill my house with paper chickens and bunnies in soft pastel colours for four days in April. I mean, really? Who are these people that buy it? Is it that no one buys it and that’s why it’s on sale at the end of the four day weekend? ‘Stock up for next year,‘ a sales assistant told me last year. Please. Be. Joking. And tell me, what is the point of kitchen utensils that are cheaper than a bus ticket? Anyone...
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Dear Mr Jaitley, Even though the government overshot its fiscal deficit target—4.1% of gross domestic product—for the year in the first nine months of 2014-15, we are fairly confident that you will succeed in sticking to it by paring expenditure in the January-March fourth quarter, taking care of lower revenue collection. We are also certain that you will reiterate your commitment to fiscal consolidation when you present the Union budget over the weekend. The purpose of writing this letter is not to outline an agenda for stimulating public investment, bringing down fiscal deficit, and launching big and bold reforms but to flag an issue which is very critical for the nation’s economic growth—reforms in public sector banks (PSBs), which account for 70% of the banking industry. You didn’t...
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Dear Tim and Art, I hope I find you both in good health. As you know, I have followed the technology industry for nearly two decades. In that time, Apple has re-invented a few industries: computers via the iMac, music players and their distribution via the iPod and iTunes, computing platforms again via the iPad, and the handset industry via the iPhone. The success of these products has led to an annual revenue base approaching $170bn, and operating profits and free cash flow in the $40bn-50bn range. It has also allowed you to amass a net cash position in the $150bn range and a market capitalisation sitting around $460bn today. All these are staggering and very large numbers; however, therein lies the rub. I think the key to Apple’s future and investors’ perception is not how many...
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