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You are here: Home / Archives for Tom Hager

Kushner Plans to Revamp 666 Fifth Avenue Skyscraper, Partner Isn’t Supportive

November 2, 2017 By Tom Hager Leave a Comment

jared kushner

Jared Kushner allotted a budget of $7.5 billion to change a Manhattan tower completely. Ivanka Trump’s husband eyed the skyscraper on 666 Fifth Avenue for this transformation. The project will begin with the demolition of the building. Kushner will raise in its place a high-end block of residences with access to in building retail stores. However, Kushner’s business partner doubts the success of such a property revamp.

Kushner Wants to Double the Height of the 666 Fifth Avenue Property and Turn It into a High-End Hotel

Steven Roth is chairman of company Vornado Realty Trust. He shares with Jared Kushner rights over the Fifth Avenue building.

On Tuesday, Roth claimed that Kushner’s rebranding plans are unlikely to succeed. He believes the mission relies too much on major changes. The bigger the risks are taken in this business, the more vulnerable the feasibility becomes.

“I think that something that requires heavy development on the site would be poorly received by shareholders.”

Roth’s doubts might turn into serious hurdles with the power to impair Kushner’s plan. Roth owns 49.5% of the offices and will have a saying in the restoration of the real estate. In the meantime, Kushner is willing to spend $7.5 billion in doubling the height of the building and turning it into a top-notch hotel.

Donald Trump’s son-in-law believes this transformation would help the property escape its debt of $1.2 billion. The building has been losing valuable customers for years.

Kushner and His Financial Moves Are Under Mueller’s Radar

Roth’s view on this business is not without foundation. The businessman has been trying to keep the project alive, while Kushner was in talks with investors. On the other hand, interested parties are hesitant in supporting Kushner as special counsel Robert S. Mueller III is reviewing all his financial moves.

Mueller is interested more in uncovering the connections Kushner grew with investors in China and Qatar. Businesspersons from these countries are usually under the influence of their governments. On top of that, Kushner admitted to meeting with a Russian banker only weeks before Trump’s win of the presidential seat.

In the meantime, Roth is considering plans to revive the 66 Fifth Avenue skyscraper to its former glory. To him, it would be more feasible to decide on small changes in order to reach a better return on investment.

Image source: 1

Filed Under: Business & Financials

Woman Sues Sephora Based on Allegations that Their Lipstick Tester Gave Her Herpes

October 31, 2017 By Tom Hager Leave a Comment

sephora aisle

International cosmetic brand Sephora has just been served with a new lawsuit. Documents regarding this case claim that a woman fell victim to an unsealed lipstick tester. The result of this contact was oral herpes.

The New Lawsuit Claim that Sephora Should Display Warnings on Their Makeup Samples

Back in October 2015, the plaintiff entered a Sephora store located in Los Angeles, California. Drawn by their makeup products, the woman tested a lipstick by applying on her lips the makeup from a tester. After this visit, medical experts diagnosed her with oral herpes. The woman claims that she never displayed symptoms of such a viral disease before trying the Sephora lipstick.

The identity of the plaintiff remained undisclosed for her protection. Furthermore, the lawsuit documents reveal that the main allegations stem from the fact that the company failed to inform its clients thoroughly.

For instance, there was no label or sign to indicate that a lipstick tester is considered a health risk. By using the same brush that other clients must have employed, clients are exposing themselves to herpes or other skin diseases. The plaintiff stated that she is always paying attention to cosmetic side effects and would have never used the lipstick tester if she was fully aware of the risks.

The woman referenced to other makeup brands that came up with safe solutions. They are letting their clients sample their products through individual testers. Members of the staff are also trained to offer testimonies and guidance for a more efficient shopping session. This way, stores’ clientele is safe from contacting unwanted viruses.

The Plaintiff Considers the Sephora Lipstick Tester Inflicted Life-Time Emotional Trauma

Oral herpes is targeting mouth, lips or gums. Symptoms are usually small yet painful blisters at the surface of the skin. The virus can be spread through direct contact with the oral region of someone who is infected. However, it can also spread through objects that came in direct contact with the fever blisters.

Even though the blisters disappear after treatment, the virus remains in the system forever. Those infected can develop the sores for numerous times throughout their lives.

Therefore, the lawsuit doesn’t ask for a specific indemnification. Instead, the defendant is considered responsible for emotional trauma due to causing life-time suffering to the plaintiff.

Image source: 1

Filed Under: Health

New York to Treat eCigarettes Same Way as Regular Cigarettes in Public Indoor Areas

October 26, 2017 By Tom Hager Leave a Comment

ecigarette

New York will no longer tolerate vapers in public indoor areas. The eCigarette won’t be welcome anymore in most workplaces, bars, restaurants, and other buildings open to the public.

Democratic Gov. Andrew Cuomo signed a new bill on Monday that introduces eCigarettes to the indoor smoking ban. The new rules will support the already instated prohibition of vaping in areas mentioned in the smoking ban. Therefore, the new healthcare direction will enjoy consistency.

The New Ban on Vaping within Public Indoor Areas Will Become Effective in One Month

“These products are marketed as a healthier alternative to cigarettes, but the reality is they also carry long-term risks to the health of users and those around them.”

Cuomo is of the opinion that this new interdiction was a necessary step to ensure a healthy environment within New York for all citizens. There are a few other states that have already taken similar measures, such as New Jersey, Connecticut, and California.

eCigarettes represent electronic devices loaded with liquid that contains nicotine. By drawing in the vapors it releases, people can mimic the act of smoking tobacco. Companies advertise these products as healthier alternatives to regular cigarettes.

The new rules of the New York are going to enter into effect in 30 days. Cuomo already updated legislation earlier this year with literature that forbids the use of electronic cigarettes in private and public schools. The new appendix adds all the other public indoor areas to the list.

The Topic Continues to Be Controversial

The American Lung Association and the American Cancer Society endorsed the new ban. Jeff Seyler from the American Lung Association claimed that the new law is going to incorporate in public culture the idea that such vaping devices are not safe. Therefore, young people will enjoy protection from nicotine addiction.

On the other hand, the upcoming changes rallied criticism already. The co-owner of an eCigarette company and founder of the Tobacco Vapor Electronic Cigarette Association, Thomas Kikas, has a different view on this modern habit. Kikas claims that he spoke with physicians that sided with benefits of vaping. eCigarettes are a better alternative to regular cigarettes, and they can even help people to break this bad habit.

Image source: 1

Filed Under: Business & Financials

Pollution Is the Deadliest yet Invisible Threat to People

October 21, 2017 By Tom Hager Leave a Comment

air pollution

The most comprehensive study to date linked 9 million deaths each year to the effects of pollution. Be it in the air, soil, water, this invisible threat might end the human society as we know it.

Toxicity seems to have infiltrated everyone. It is there when people breath, when they drink water, when they work. The culprit for this widespread poison is pollution. Each year, one in six persons across Earth die because of it.

The Deadliest Pollution Subcategory Is Outdoor Air Quality

The Lancet Commission was in charge of this paper which is the most thorough research on this topic ever officially recorded. The team analyzed all the existing data there are about the topic of pollution. Most of the reports were found under the World Health Organization ownership, but there were other official sources consulted as well.

The resulted image is made of a compendium of conclusions all solid studies that were conducted to date reached. Scientists took not only the toll pollution took on health care into consideration but also the economic ramifications of this lurking invisible threat.

One of the main conclusions was that the pollution encompassed heart disease, lung cancer, stroke, and any other widespread illnesses with the power to affect the global human population. The most lethal subcategory is outdoor air pollution. Vehicle and industrial sectors are the main agents that make this toxic condition even deadlier. Each year 4.5 million individuals develop health complications due to the low quality of the air they breathe and eventually lose their life.

The second biggest killer is water pollution mostly related to sewage. This negative health agent triggers parasitic infections, gastrointestinal diseases, and other diseases that cause 1.8 million deaths per year.

This Invisible Threat Costs Global Economy a Total of $4.5 Trillion a Year

Interestingly enough, the study tries to collapse one of the vile concepts that capitalism perpetuates. It is expensive to change all companies to become ecological.

Numerous people claimed that solving the pollution issue would only drag the economy down. Therefore, nations don’t afford to change their industry. However, the new study showed otherwise.

The research estimates that the global economy has to cover $4.5 trillion a year to cover the damages of pollution. This amount equals 6% of global GDP that is exhausted each year due to lack of proactive measures. Therefore, it would be more moneywise to solve pollution than to let things as they are.

Image source: 1

Filed Under: Health

Sen. Franken Appreciates Apple Responded to His Concerns Regarding Face ID Security

October 17, 2017 By Tom Hager Leave a Comment

iphone x

U.S. Senator Al Franken was among the first characters that questioned the safety of the new iPhone X owners. Their concerns stemmed from a new technology called Face ID. The system identifies the true owner of the product by reading his or her facial features. Afterwards, it grants access to the system. Franken urged Apple CEO Tim Cook to reconsider the impact this technology can cause to customers. However, the answer wasn’t late to appear.

Senator Franken Asked Apple to Explain How It Secures Data Coming from Face ID

Last month, senator Franken wrote a public letter addressed to Apple and its latest gadget, iPhone X. The democrat waited for an explanation that would clarify how exactly the company handles data coming from its unique facial recognition feature. Often times, tech companies exploited such information in a bid to tailor their products to the profile of their clients better.

Moreover, Franken wanted to know if Apple took any measure against age, gender, and racial bias. The response came from Apple’s VP for Public Policy, Cynthia Hogan.

“We worked with participants from around the world to include a representative group of people accounting for gender, age, ethnicity, and other factors.”

Apple’s Response Detailed How the New Technology Works and Protects Users from Digital Threats

The company explained that the app could detect gaze to make sure the user is aware of her or his surroundings. Moreover, it can project a map on user’s face. The highlighted features are recorded. This series of data will head to Secure Enclave for processing. This is where the information is encrypted as well. At no point in this process will the data leave the terminal.

Apple won’t receive the mathematical representation of a person’s face. On top of that, such data won’t appear in device backups either. Instead, it is discarded as soon as algorithms confirm a match between Face ID profile and new scan.

Hogan completed the response with further attachments of other materials that Apple released beforehand to educate the public on this new technology. These files include a Face ID security white paper, Apple onstage presentation of iPhone X, and an Apple Support Document.

Franken welcomed Apple’s response with a second statement. He appreciated Apple’s collaboration with his office and its care for the privacy and security of its customers.

Image source: 1

Filed Under: Technology

Honeywell to Turn Two Units into Publicly Traded Companies by 2019

October 12, 2017 By Tom Hager Leave a Comment

honeywell centerThe American technology and manufacturing behemoth Honeywell announced plans to spin off two of its departments. The businesses in question are automotive-turbochargers and household-systems. On the other hand, the parent company is going to hold fast to the aerospace technology operations, even though its shareholders disagreed with this approach. However, investors will receive stocks in the two publicly traded companies.

The Future Publicly Traded Companies Will Be in Charge of Transportation and Household Systems

Investor Daniel S. Loeb has put Honeywell under a lot of pressure. His voice is an influential one considering that he is the head of the hedge fund Third Point. Therefore, the American organization couldn’t have ignored his solicitation for a spinoff of the aerospace department.

As a result, Honeywell pursued a number of reviews with the goal to streamline its business. However, the company went against Loeb’s proposal in its decision to retain the exact unit Loeb wanted gone. On the other hand, there are still going to be not one, but two spinoffs by the end of 2018.

The units that are going to become publicly traded companies are the homes and global distribution plus transportation systems businesses. They contribute annually with a total revenue of $4.5 billion and $3 billion respectively.

The president and chief executive of the company, Darius Adamczyk, stated that these two internal changes are going to act to the benefit of shareholders. Therefore, even though Honeywell didn’t accurately carry out the specific recommendations, investors are still supporting this new direction, including hedge fund Third Point.

“We are pleased that the board and management chose to conduct a thorough portfolio review and agreed that Honeywell should narrow its business focus.”

Honeywell Will Consider Further Capital Development Strategies

Gary S. Michel, who used to work for Ingersoll Rand, is going to lead the homes business as a standalone company. This division will handle different projects such as ventilation, air-conditioning, and heating. It will also distribute fire and security protection assets. On the other hand, the transportation unit will develop technologies for vehicles.

There might be further spinoffs to streamline the core businesses at Honeywell. Adamczyk claimed that the board would also consider opening a mergers and acquisitions program.

Image source: 1

Filed Under: Business & Financials

Smart Tattoos Change Color According to People’s Health Condition

October 5, 2017 By Tom Hager Leave a Comment

wolf tattoo

All doctors recommend people to get annual check-ups. However, a thorough job requires a multitude of tests. The accomplishment of such a routine might get daunting. Therefore, scientists came up with the idea of smart tattoos. The ink incorporated in people’s bodies will be able to detect medical urgencies, and it will change color accordingly. Afterward, these individuals will know exactly what health exams to make an appointment for or what treatment to choose for their condition.

Smart Tattoos Notify People of a Certain Health Condition by Chainging Color

A team of scientists at Harvard Medical School and Massachusetts Institute of Technology has developed a new device to work for people called Dermal Abyss. The design constitutes of a special tattoo ink that can intercept signals from different biomarkers that start changing.

Once they detect something that is not within common grounds, these pigments begin changing their color. Such biological events can be a dehydration process of an athlete or blood sugar increases in a person with diabetes.

One of the authors of the study, Ali Yetisen, claimed that this idea was the result of a brainstorm. The same team of colleagues started wondering how the next generation of technologies might change healthcare industry. Instead of waiting for an answer on the news, they created a set of biosensors that humans can integrate into their skin.

“And so we came up with the idea that we could incorporate biosensors in the skin.”

The Monitoring Pigments Can Improve the Quality of Life of Those Patients with Chronic Conditions

So far, the group worked on inks that are sensitive to sodium and glucose concentration. When the glucose increases, the first type of pigments will turn from green to brown. As for higher levels of sodium that usually indicate dehydration, the smart tattoos will get a stronger shade of green color. However, this change could be tracked only under the influence of blue light.

The composition of the ink reacts to the chemistry of interstitial fluid. This solution can be considered to be similar to blood’s constituents. Scientists first used their biosensors on pig skin to record their transformation. They recorded the color or the intensity of their response to different biomarkers.

In the end, the ink can function as a monitoring tool for chronic conditions. At the same time, it can also help with short-term monitoring necessities. For those who don’t enjoy the idea of getting a permanent or temporary tattoo just for the sake of health care, the designs can be created with invisible ink. These pigments can become noticeable under a particular type of light.

Image source: 1

 

Filed Under: Health

Three Cups Of Coffee A Day Useful In Reducing HIV Death Risks?

September 28, 2017 By Tom Hager Leave a Comment

three cups in close up on blue and with golden flowers and handle

A new study points out some other potential advantages of drinking three cups of coffee a day.

A new 5-year study conducted by French researchers shows that the consumption of three cups or more of coffee on a daily basis could help halve the mortality risk in patients infected with both HIV and hepatitis C.

Research has shown this habit’s beneficial effects on diseases and health issues such as heart attacks, liver disease, Parkinson’s disease, and strokes. Until now, however, the effects on patients co-infected with HIV and hepatitis C had not been investigated.

The Consumptions of Three Cups of Coffee, Associated with Benefits for the Health

Published in the Journal of Hepatology, this novel research sought to examine the relationship between elevated coffee consumption and all-cause mortality in patients infected with both HIV and hepatitis C.

Research has illustrated coffee’s anti-inflammatory and hepatoprotective effects as well as a reduction in death risks in the general population. This study explored how these properties affected patients in this group in particular.

The study is part of an ongoing French nationwide effort which is collecting data on patients co-infected with these diseases. Researchers used the five-year follow-up of this project to estimate the effects of a steady and rather increased consumption of this beverage on mortality rates.

As the leading causes of death for these patients were hepatitis C-related, researchers noted that curing hepatitis C was a vital aspect of the treatment and their study.

After accounting for hepatitis C clearance, researchers found that the elevated consumption of three cups of coffee or more every day halved death risks in these patients. Furthermore, not smoking was associated with increased survival rates.

These findings illustrate the importance of lifestyle choices and behaviors on reducing mortality risk. It also underlines the need for promoting healthy behavioral changes in this group. These behavioral changes can, in turn, increase survival rates.

With this research in mind, specialists are considering the benefits of extracts, as well as the supplementation with other anti-inflammatory compounds, and the need for further investigations. For now, tracking patient behaviors could help health care professionals propose lifestyle changes that improve the mortality rates and reduce the risks for these populations.

Image Source: Pexels

Filed Under: Health

San Diego Fights Hepatitis A Outbreak in the Streets with Bleach

September 15, 2017 By Tom Hager Leave a Comment

san diego
San Diego has declared war on a deadly epidemic of Hepatitis A. City officials announced that their streets are going to receive a power wash with bleach each fortnight. On top of that, key places where the majority of homeless people tend to gather will get hand-washing stations. As a consequence, public health workers and private cleaning companies are taking the fight against disease on the streets. Unfortunately, the Hepatitis A outbreak has already claimed 16 lives.

San Diego’s Hepatitis A Outbreak Affected Primarily the Homeless Segment

San Diego city started collaborating with county authorities to put an end to a health crisis that has been lasting since last November. There are 421 cases of Hepatitis A on top of 292 hospitalizations and 16 deaths. By reinforcing their efforts, officials took a better grip on their containment plans.

They put into practice every strategy from vaccination to sharing informative flyers on Hepatitis A. The city has also offered temporary accommodation to homeless people who represent the most affected segment of the population by this outbreak.

City Officials Resorted to Street Washing, Increased Sanitation Efforts, Educational Campaigns and Others to Fight the Outbreak

On Monday, the city stepped up its sanitation program. San Diego chose to resort to a private contractor to spray the streets with bleach in order to eliminate bacteria. The same company placed outdoor hand washing stations in key places that numerous homeless people tend to visit. On top of that, 14 public bathrooms are now available 24 hours a day.

The Hepatitis A outbreak is usually supported by infected feces that enter into contact with food and drinking water. Therefore, health officials insist on people resorting to hand washing after bathroom use of before dinner time. This is perceived as the most effective solution to combating the spread of the virus. Even though the infection is not usually fatal, it can lead to death if virus hosts have their liver compromised due to drug use, illness or congential issues.

As of September 1, San Diego County labeled the epidemic as an official public health emergency. Authorities started a comprehensive campaign through educational materials, vaccinations, and boosted sanitation efforts.
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Filed Under: Health

Facebook Considers that Upcoming Original TV Content Is Worth $1 Billion

September 9, 2017 By Tom Hager Leave a Comment

girls with smartphones
While it started as a social platform, Facebook doesn’t like limits and boundaries. The company loves to experiment with both software and hardware as long as they are part of the new generation of technology. These experiments led to breakthroughs in artificial intelligence, augmented reality, and Oculus Rift as a wearable headset to experience virtual reality. However, as of recently Facebook is interested in another project about cord-cutting TV shows. Therefore, the company is willing to open a budget of $1 billion to create original TV content.

Facebook Will Focus in 2018 on Populating Video Tab Watch with Original TV Content

Recent reports indicate that Facebook has big plans for next year. The company intends to propel its recently revamped video tab called Watch ahead of other rivals. Facebook has already rolled the service in a few areas to test its capacities.

So far, the tab runs original Facebook shows such as Nas Daily. It also features productions from third-parties like Gabby Bernstein, Kitchen Little, but also one live game of Major League Baseball each week.

However, Facebook doesn’t plan to keep the financial tap open for this project indefinitely. On the contrary, its main goal is to reach a level where creators won’t ask for payments in exchange for their original TV content.

Creators Will Eventually Post Original Videos just for a 45% Share of Their Ad Revenue

Instead, they will be able to cover their expenses after they publish the videos by benefiting a 45% share of their ad revenue. There’s already a monetization software called Ad Break that can turn video content into a source of income.

By comparison, Facebook’s rivals in this domain are spending a lot more than the social media platform. Netflix created $6 billion-worth of content this year while Amazon allocated $4.5 billion for this niche alone in 2017. Therefore, Facebook is not making as big an appearance as people think in this cord-cutting industry.

Eventually, Facebook will blend the social network better with its TV content. The company wants users to interact with this service and turn it into a social experience. So far, users can comment on Watch’s shows and even discuss them in dedicated Facebook Groups.
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Filed Under: Technology

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