Ever since it came out with its new Zen core architecture late last year, AMD has been aggressively pushing its Ryzen line of processors to almost every computing market its eternal rival Intel has a foothold. It even suspiciously named some of its processors, particularly those for desktops, to match Intel’s Core i scheme. So after the high-end Ryzen 7 and the Ryzen 5, it’s really no surprise that AMD has finally come out with the Ryzen 3 to target even more budget-constrained PC gamers. Yes, even with a Ryzen 3, AMD is aiming for the gaming market. After all, if your CPU can handle games, it can handle almost anything, right? But while these two new Ryzen 3 processors are indeed “AMD VR Ready”, that is really only true if you have a matching VR Ready GPU. Preferably an AMD Radeon, of course.As mentioned, there are two pioneering processors in this mainstream line, both with 4 cores, 4 threads, and 65 watt TDP. First is the Ryzen 3 1200, which runs at a base clock speed of 3.1 GHz and can be boosted to 3.4 GHz. Those who really want to squeeze out the most out of AMD’s budget Ryzen line will probably aim for the Ryzen 3 1300X for two reasons. First is that it runs faster at 3.5 GHz and even faster at 3.7 GHz with boost clock.However, you can even take it up a notch to 3.9 GHz if you activate XFR. That said, you will have to swap out the Wreath Stealth cooling solution that comes by default with both Ryzen 3 CPUs and use the new Wraith Max, which can now be purchased on its own. The Wraith Max can also be used to enable XFR on the Ryzen 7 1800X, Ryzen 7 1700X, and Ryzen 5 1600X. Since this is AMD’s budget line, the price tags on the Ryzen 3 processors shouldn’t be a surprise either. The Ryzen 3 1200 goes for a measly $109 while the Ryzen 3 1300X isn’t that much higher at $129. Both are compatible with new AM4 motherboards. The new standalone Wraith Max thermal solution, on the other hand, will set you back another $59.SOURCE: AMD
HousekeepingThe first thing we’re going to do today is get a fake “leak” out of the way. This image is floating around a whole bunch of publications early today with a suggestion that it’s the first Galaxy S9 photograph. In reality, it’s a pixelated-border photograph of a Samsung flip phone. This image was picked up by SlashLeaks user Madsimar, spread like wildfire, then deleted once it was clear it was a falsified leak. Once the post was deleted, Madsimar’s score for “legit” leaks went back up to perfect, because SlashLeaks system for said reputation scoring is completely broken. Also unfortunate is the fact that publications continued to cite SlashLeaks for the image because of their watermarking system. They continued to link to SlashLeaks despite no actual URL existing for said exact source.More RealWe’re having a peek at a screenshot this morning from a Samsung app which shows a new sort of Samsung device. Unlike any Samsung smartphone that’s come before it, the device in the illustration likely shows the Galaxy S9. This device is one of two devices that’ll be revealed by Samsung, the other having an ever-so-slightly different backside.The image above came from a Weibo user called GrownSSPer who’s since deleted the post they made with the image at hand. While a similar situation occurred in the “housekeeping” section above and resulted in our distrust, the Weibo nature of this second piece of evidence makes the opposite conclusion seem more realistic. When a Weibo user deletes a post, it’s less likely they’re hiding their tracks, and far more likely they’ve had a request to remove said media.As such, the following set of renders from the folks at Samsungmobile dot News are quite likely fairly accurate. They’ve also made an interesting pros/cons list which you’ll see above. They’ve got their angles right, the borders all seem in order, and the likelihood that Samsung would continue to use an Infinity Display rings true, too. The SMN folks have created renderings of the Galaxy S9 and its larger sibling, the Galaxy S9 Plus in several colors.Below you’ll find a set of specifications we’ve gathered over the past several weeks. We’ll continue to tweak and update this list in future posts as additional details are revealed. Note that no single detail is yet confirmed by Samsung itself just yet.SAMSUNG GALAXY S9:• Display (S9): 5.8-inch QHD+ Super AMOLED (570 PPI)• Processor in USA: Qualcomm Snapdragon 845 (SDM845)• Processor Internationally: Samsung Exynos 9810• RAM: 4 or 6 GB• Internal Storage: 64GB, 128GB (options)• MicroSD Slot: Yes, 256GB potential• Connectivity: Bluetooth LE, NFC, USB-C, Cat 18 LTE support• Camera (backside): Single lens: 12MP (f/2.4, 52mm, 1/3.6, 1 µm, AF), OIS, phase detection autofocus, 2x optical zoom, LED flash• Camera (front facing): 8 MP (f/1.7, 25mm, 1/3.6, 1.22 µm), autofocus, 1440p@30fps, dual video call, Auto HDR• Sensors: Iris scanner, 3D sensor, fingerprint (rear-mounted), accelerometer, gyro, proximity, compass, barometer, heart rate, SpO2• Battery: 3100 mAh, USB-C, Quick Charge 2.0 or higher, wireless charging with Qi standard• Headphone Jack: MAYBE.• Additional Features: Samsung DeX, ANT+ support, Bixby AI personal assistant, AKG stereo speakersSAMSUNG GALAXY S9 Plus:• Display (S9+): 6.2-inch QHD+ Super AMOLED (529 PPI)• Processor in USA: Qualcomm Snapdragon 845 (SDM845)• Processor Internationally: Samsung Exynos 9810• RAM: 4 or 6 GB• Internal Storage: 64GB, 128GB (options)• MicroSD Slot: Yes, 256GB potential• Connectivity: Bluetooth LE, NFC, USB-C, Cat 18 LTE support• Camera (backside): Dual lens: 12 MP (f/1.7, 26mm, 1/2.55, 1.4 µm, Dual Pixel PDAF) AND 12MP (f/2.4, 52mm, 1/3.6, 1 µm, AF), OIS, phase detection autofocus, 2x optical zoom, LED flash• Camera (front facing): 8 MP (f/1.7, 25mm, 1/3.6, 1.22 µm), autofocus, 1440p@30fps, dual video call, Auto HDR• Sensors: Iris scanner, 3D sensor, fingerprint (rear-mounted), accelerometer, gyro, proximity, compass, barometer, heart rate, SpO2• Battery: 3600 mAh, USB-C, Quick Charge 2.0 or higher, wireless charging with Qi standard• Headphone Jack: MAYBE.• Additional Features: Samsung DeX, ANT+ support, Bixby AI personal assistant, AKG stereo speakersThe release date for the Samsung Galaxy S9 and Galaxy S9 Plus is not yet confirmed, but rumors point to late March. Earlier reports suggested the Galaxy S9 would not be “previewed” or “teased” at CES 2018, but that it could well appear at Mobile World Congress 2018. In the past, MWC has been the home to some big-time Samsung smartphone releases.If Samsung does indeed choose MWC 2018 as home for their Samsung Galaxy S9 and Galaxy S9 Plus release, they’ll likely schedule for the Sunday or Monday before the main series of events. That means either February 24th or February 25th is the event date for the Galaxy S9 in 2018. Also consider a Barcelona night event on the night of the 25th at 8PM local time. That’d be 1PM Central Time here in the United States – perfect timing for a mid-day USA event in NYC and late morning in California.Stick around for more information on the Samsung Galaxy S9 and Samsung Galaxy S9 Plus as data plops down on our desk in the next few weeks. We’ll be bringing you all the most magical Galaxy smartphone data until then, and well through the future! Story TimelineGalaxy S9 key feature may come to a flip phone firstGalaxy S9 could use Samsung’s new 512 GB UFS storageGalaxy S9 release preview “unlikely” at CES 2018Galaxy S9 display set Samsung an incredible challengeSamsung energy-harvesting clothes could charge your Galaxy S9Galaxy S9 fingerprint sensor location confirmed by Health appGalaxy S9’s answer to iPhone X security gets an upgrade Today we’re having a peek at the Galaxy S9, what Samsung phone lovers will likely be considering when it’s time to trade in their Galaxy S7 or S8 this Spring. This next smartphone from Samsung will almost certainly come in two sizes, the same sort of release pair that’ve come from the company over the last few years. The images and specifications you’ll be looking at below should not be used as a guide for what to bet on this February, but as guidance for what’ll be especially likely.
This morning Apple posted several videos to YouTube before WWDC 2018. The event generally holds information largely aimed at developers, but occasionally shows new bits and pieces of information for consumers. In today’s presentation, we’re expecting a variety of software bits as well as a POSSIBILITY – not a great possibility, but a possibility – of some hardware. But before that, Apple’s released a set of teasers with all the information we need to see what’s up. It wouldn’t be a shock to find the music artist HYUKOH appear at WWDC 2018 at some point. In this commercial we see three Animoji singing the song Taxi Driver. In doing so, they suggest several things:1. They aren’t worried about people assuming they can make something like this on their iPhone X. Obvious to those users that already own an iPhone X, this isn’t simple – but if they wanted to get wacky with video export and recording in 10-second intervals, it is technically possible. Maybe. 2. They’re aiming at the number 3. It should be clear that Apple’s not going to walk away from their 3-tier iPhone lineup this year, and they’re probably going to make it simple with three sizes for iPhone X, without the home button, with the notch. They won’t reveal these devices at WWDC 2018, but they’ll give some big indicators.3. Apple’s not letting go of their smart vehicle initiatives, both public and not-yet-public. I don’t think they’re going to be making their own Taxi Driver service at WWDC, but they’re not about to let developers forget that they’ve got their hand in multiple industries all at once.Today we’re expecting some major advances in the ARKit universe. Keep your eyes on the possibility that Apple’s opening up the doors to multiple phones tracking a single Augmented Reality – objects from more angles than one. They’ll need some heavy duty processor power for that, but iPhone X has it!Stick around as the WWDC 2018 keynote begins imminently! We’ll have all the news posted to our main news feed at SlashGear dot com as it goes public! Story TimelineSiri at WWDC 2018: what it needs to be smarterA WWDC 2018 MacBook Pro update is looking even more likelyDon’t expect big Apple WWDC 2018 hardware newsMacBook Pro with six cores, 32GB RAM, dark macOS to debut at WWDC [UPDATE] The video shows the iPhone X’s own Animoji singing a song. It’s probably no mistake that the Apple crew behind the video spot features the bear most closely associated, visually, with a certain super-famous music, rap, and fashion star. In this video, though, it’s all about bringing some flashing lights to the tech that’s already in play on Apple’s best-selling smartphone.
CBS has already had an agreement with the NFL about streaming games, but you couldn’t do so using the service’s app on your smartphone. That wasn’t a big deal for customers who use a connected device, such as a smart TV, but was an annoying limitation for those who don’t own a TV or who would rather watch it while away from home.This upcoming season changes that with the addition of mobile streaming rights. Both smartphone and tablet owners will be able to stream the upcoming football season, as well as the Super Bowl, using their mobile device. The company offers apps for iOS, Android, and Windows 10, plus there’s online access at the CBS.com website. CBS All Access already supports a number of streaming devices, including some Samsung smart TVs, Android TV, Apple TV, Roku, Xbox One, PS4, Chromecast, and Fire TV. It isn’t clear whether the new mobile streaming rights will remain for the rest of CBS’s contract with NFL or if it’s for a different, lesser period of time.AdChoices广告In addition to the NFL content, CBS All Access provides on-demand access to the network’s entire back catalog, as well as streaming access to the live CBS channel. SOURCE: CBS CBS All Access subscribers will be able to stream NFL games on their mobile devices starting this upcoming fall, the company has announced. The new streaming option is made possible via the company’s extended agreement with the NFL, which adds mobile streaming rights onto the package. The new streaming pact is good through 2022.
Comcast has revealed a change to its Xfinity Mobile wireless phone service, one increasingly common among carriers: a hard cap on video streams resolution when on cellular data. Though the resolution cap doesn’t apply when a subscriber is connected to WiFi, it greatly reduces the quality when a video is watched over the 4G LTE network, bringing it down to “dvd” quality. News of the change, which also impacts hotspot usage, first surfaced on Reddit via a user post that claimed throttling was inbound. According to that post, Comcast plans to reduce the video-over-cellular data throttle from 720p to 480p, which carriers have a tendency to call “dvd resolution.” That doesn’t mean you’ll never have the option of 720p mobile video streaming…you’ll just have to pay more to access it.In addition, the report claimed that Unlimited subscribers will henceforth have their mobile data hotspot throttled to 600kbps max even before hitting their 20GB/month threshold. This is presented as a type of benefit that will help users delay the amount of time it’ll take to reach that 20GB cap. “By the Gig” subscribers will still get 4G speeds with their hotspot.To help you conserve data, we’ve established 480p as the standard resolution for streaming video through cellular data. This can help you save money if you pay By the Gig and take longer to reach the 20 GB threshold if you have the Unlimited data option.The option to pay more for 720p video streams won’t go live until later this year, according to the email, though the 480p cap will start. During this time period, subscribers will have the option to request upgraded 720p video streams, which they’ll receive for free until the billing option is activated. After that, they’ll have to pay or downgrade.Comcast has since confirmed the news to Fierce Wireless.SOURCE: Fierce Wireless
Back in November, Samsung sort of revealed its foldable smartphone, which has been in the works for quite some time. We didn’t get a full reveal of the device, as Samsung went so far as showing off a prototype in the dark, presumably to prevent potential imitators from getting any ideas. Over the past couple of months, it’s been relatively quiet on the foldable phone front, but that may all be changing soon. A new report claims that Samsung will fully unveil its foldable smartphone at a February 20 event. According to this report, it’ll be revealed alongside the Galaxy S10, which itself will be a big release for Samsung. Assuming this is all correct, then it sounds like Samsung’s next event will definitely be one to watch.Update: Samsung has announced it will indeed be holding an event on February 20, where we’re expecting to see both the Galaxy S10 and the “Galaxy Fold” folding smartphone.According to The Wall Street Journal, which spoke to sources familiar with the matter, Samsung is planning something big for the Galaxy S10. The company is planning to release three different Galaxy S10 models initially, mirroring Apple and its iPhone XR, XS, and XS Max. While all three of those handsets are expected to launch in March, WSJ’s report also says that Samsung will make a fourth Galaxy S10 with 5G hardware and release it later in the spring.That fourth phone could end up being a big deal for Samsung in its eternal battle with Apple. Recent reports have claimed that Apple won’t release a 5G phone in 2019, so if Samsung can have a 5G phone on the shelves be the end of spring, that could it give it more than a year’s head start on Apple.As far as Samsung’s foldable phone is concerned, WSJ reports that the company is looking to have it available as early as April. A release date hasn’t been set in stone yet, and the same can be said for the name of the device. Some of the names Samsung is said to be considering include Galaxy F, Galaxy Fold, or simply just Fold, which seems like a pretty boring name for a phone that has a lot of anticipation behind it.If all of this is true, then Samsung is going to have a spring season that’s packed with product launches. One has to wonder if announcing five different phones in one go is a good idea, especially since Samsung’s (and Apple’s) smartphone sales have reportedly been slipping lately. You should obviously take these rumors with a grain of salt for now, but with that said, we don’t have very long to wait before we find out how accurate this report is. Stay tuned. Story TimelineA 5G Galaxy S10 could hurt – not help – SamsungSamsung foldable phone details leak from secret CES 2019 demoGalaxy S10 Lite will be called Galaxy S10 E, sources say
The standard brakes are eight-piston mono block calipers with 370mm ventilated and cross-drilled discs up front. Go for the Dynamic plus package, though, and they’re switched for carbon-ceramic brake discs and Anthracite Gray painted calipers, saving 8 pounds in the process. A fixed rear wing spoiler is standard, together with full LED headlights, taillights, and running lights. Inside, there are S sport seats with adjustable side bolsters, a three-spoke flat-bottomed sport steering wheel with paddle-shifters, and Audi’s Virtual Cockpit digital display. Leather and Alcantara come as standard, and there’s optional red contrast diamond stitching and matching trim on the air vents and seat belts. Options include OLED taillights and 20-inch seven-spoke forged wheels. Like the standard 19-inch five-arm wheels, they’re shod in summer rubber. Audi’s Black optic package gets 20-inch high-gloss anthracite forged wheels, matching exterior mirror housings, and a matching interior. A 680W Bang & Olufsen audio system packing the cabin with 12 speakers is available, along with Audi connect with 4G LTE, a navigation system, and Apple CarPlay/Android Auto support. NOW READ: 2018 Audi RS 3 first-driveAll in all, it’s shaping up to be the hottest TT ever, and you can take our word for that as we drove the Euro-spec model back in December. Back then, our big question was when we could get it in the US, and how much of a dent it might make in our wallets, questions we now have answers to. The 2018 TT RS will arrive in dealerships this spring, where it will be priced from $64,900, with $975 destination on top. Audi is making good use of its all-new five cylinder engine, dropping the 400 HP monster under the hood of the 2018 Audi TT RS, which has finally been priced up for the US today. The latest addition to the renamed Audi Sport range, the 2018 TT RS is the most powerful production TT so far, with the automaker claiming a 0-60 mph time of 3.6 seconds. Top speed is 174 mph with the optional Dynamic plus package. A seven-speed S tronic dual-clutch transmission is standard, with a new launch control setting. There’s also Audi’s drive select system, with comfort, auto, dynamic, and individual modes: that adjusts the settings for gear shift points, steering, and throttle response. With the standard-fit magnetic ride, it also adjusts the damper control.However, if you’re headed to the track you might not want magnetic ride. Audi is also offering an RS fixed sport suspension system as part of the Dynamic plus package, which is stiffer for better performance when pushed hard. Either way, you get four-link rear suspension and a McPherson front suspension, with forged aluminum lower control arms, together with progressive steering that tightens up the ratio the more you turn the wheel. Story Timeline2016 Audi TT/TTS Review2016 Audi TT Roadster ReviewNew Audi TT RS Coupe and TT RS Roadster pack new 400hp 5-cylinder2016 Audi TTS Coupe Review Static photo, Colour: Catalunya Red Static photo, Colour: Catalunya Red Cockpit Without that, it’s a still-healthy 155 mph. Either way, you get standard quattro all-wheel drive that uses an electrohydraulic multi-plate clutch so as to potentially push almost 100-percent of the 354 lb-ft of torque to the rear wheels. Maximum torque arrives at 1,700 rpm.Audi is making a big deal of the 2018 TT RS’ soundtrack, unusual thanks to the five-cylinder design. It’s amplified with the standard twin oval tailpipes – or optional RS sport exhaust, with black oval tailpipes – and the whoop of the BorgWarner turbocharger.
That much power in such a lightweight package means impressive performance. The car can reach 60mph from standstill in 3.2 seconds. To help handling, the car also has impressive aero with 220kg of downforce. The Cup 430 can generate the same downforce at 100 mph as the Exige Sport 350 generates at 170 mph.The car as a 407hp to ton power to weight ratio and has a top speed of 180 mph. The car has ultra-lightweight front clam and carbon fiber air ducts along with new aero elements. The front and rear clam panels alone are 6.8kg lighter than on any other Exige.Lotus says that the Exige Cup 430 can cover the Hethel test circuit in 1 minute 24.8 seconds making it the fastest production car to ever lap the track. It was 1.2 seconds faster than the Lotus 3-Eleven road car.Lotus says that the new Cup 430 sits at the top of the Exige food chain and it takes a track only car to exceed its performance. Brakes are AP Racing units to stop it quickly. The Exige Cup 430 is available to order now for £99,800 including VAT (UK) and €127,500 (Germany) and €128,600 (France). That price in the UK works out to about $130,000 US. Lotus has rolled out a new Exige Cup 430 and it is easily the most extreme version of the Exige ever produced. The car tips the scales at 1,056kg or about 2,328 pounds. It packs in a 430hp engine making 440Nm or about 324 lb-ft of torque.
The car maker was at VIR to simply do validation testing, implying that it wasn’t even trying to break or set records. In fact, the ZR1 was being driven by Jim Mero, who it notes is a vehicle dynamics engineer, not a professional race driver. While it may sound like Chevrolet is downplaying the achievement, it is, in fact trying to boost it even more.The 2019 Corvette ZR1 went through the 4.1-mile Grand Course with a time of 2:37.25. That 1.37 seconds faster than the record the Ford GT also “accidentally” set last week, making the ZR1 the fastest production that has ever run that lap. And Ford’s “accidental” record had pro driver Billy Johnson behind the wheel. You can probably see where Chevy is going with this. Serendipity is often credited for some accidental but happy discoveries in history, from penicillin to super glue. Now Chevrolet is claiming yet another “accidental” discovery, that its upcoming 2019 Corvette ZR1 happens to be the fastest coupe to have rolled on the VIR, a.k.a. the Virginia International Raceway, considered one of the most challenging road course. And, Chevy says, it wasn’t even trying to beat any record. In fact, it didn’t even have a race car driver behind the wheel. Story TimelineThe 2019 Corvette ZR1 is a 755 HP all-American supercar2019 Corvette ZR1: 5 fast facts about Chevy’s new supercar2019 Corvette ZR1 pricing announced with 755hp ZR1 Convertible2019 Corvette ZR1 Convertible First Look: Chevy melts some faces Of course, engineer Mero is no novice and the ZR1 he drove isn’t exactly your base ZR1. Sure, it was the stock model, save for a harness bar and track seats with five-point harnesses. It was, however, equipped with the ZTK Performance Package, which adds an adjustable carbon-fiber High Wing, a front splitter with carbon-fiber end caps, Michelin Pilot Sport Cup 2 tires, and Magnetic Ride Control Tuning, among other things.That packages does cost an additional $2,995 on top of the $119,995 SRP. The 2019 Corvette ZR1 goes on sale this spring.
Windows will finally stop automatically updating – usually just when you needed your PC for something important – and allow users to pause a new software installation, as Microsoft makes the OS a little more user-friendly. Described as offering “additional clarity and control over the update experience,” the new extended pause is part of a number of changes Microsoft is making in the Windows 10 May 2019 update. “In previous Windows 10 feature update rollouts, the update installation was automatically initiated on a device once our data gave us confidence that device would have a great update experience,” Microsoft explains. “Beginning with the Windows 10 May 2019 Update, users will be more in control of initiating the feature OS update.”So, for all editions of Windows 10, there’ll be the option to pause both feature and monthly updates. Each pause will last for seven days, and you’ll be able to renew the delay for up to five times. After that total of 35 days, users will have to install the update before they can pause again. On the other side of the coin, there’ll also be the ability to update there and then. A new “Download and install now” option in the Windows Update settings page will trigger the installation straight away, rather than waiting for it to be prompted. Microsoft says it will be available by late May, as long as you’re running Windows 10 version 1803 or 1809. For those who simply want the existing update system to handle its timing better, Microsoft is making changes there, too. The active hours feature, added in the Windows 10 Anniversary Update, is being made smarter. Rather than having to manually set the hours when you’re likely to be using your PC, Windows Update will track common usage times and choose when to install updates and features based on when it predicts the machine is least likely to be required. Windows is also going to get better at coordinating Windows and Microsoft Store updates. That way, Microsoft says, they should be more likely to all occur when users area away from their PCs. As for the updates themselves, there are efforts underway to better weed out bugs before they become a problem. Microsoft is launching a new version of its machine learning system, with the intelligent rollout ML model being better trained on a broader array of issues. Those issues – and any others found, or reported by users – will be reflected on a new Windows 10 update public dashboard, making clear the problems that may have been encountered and what’s being done to address them. The Windows 10 May 2019 Update is expected to be released next week, for those in the Release Preview. Come late May, meanwhile, general Windows 10 users will start to see the upgrade offered.
A study details the depth of the shortage of new primary-care doctors by 2025. The Hill: Study: US Faces Shortages Of 52,000 Doctors By 2025The United States will need about 52,000 new primary-care doctors as the population grows and ages, according to a new study. Research published in the Annals of Family Medicine estimated that most of the doctor shortage will be caused by the rising U.S. population. Aging adults and the expansion of healthcare coverage under the Affordable Care Act will contribute to a lesser extent, the study found. Researchers predicted that the U.S. population will increase 15.2 percent by 2025, necessitating about 33,000 more physicians (Viebeck, 11/20).San Jose Mercury-News: The Numbers: Shortage Of Physicians Expected To WorsenHere is a look at the numbers: Two to 4 million Californians, and 32 million people nationally, will obtain insurance in 2014 under the national health reform law. … Nearly one-third of all physicians are expected to retire in the next decade, just as more Americans seek care. Only about 20 percent of American medical students go into primary care, according to the Council on Graduate Medical Education (Kleffman, 11/20).Other media outlets explore the role of doctors in the purchase of illegal foreign drugs as well as the merger of nurse practititioner groups -The Wall Street Journal: U.S. Fake-Drug Probe Puts Spotlight On Role Of DoctorsA Tennessee cancer doctor has pleaded guilty to purchasing illegal foreign drugs, as part of a long-running investigation into overseas distributors that sold fake versions of the cancer drug Avastin and other unapproved medicines to U.S. clinics. The physician, William Kincaid of Johnson City, Tenn., who signed a plea agreement last week, is among the first to face charges in the probe. Dozens of doctors were warned by the U.S. Food and Drug Administration that they may have purchased the fake Avastin from distributors owned by Canada Drugs (Weaver, 11/20). Modern Healthcare: Nurse Practitioner Associations To MergeTwo professional associations representing nurse practitioners have announced plans to merge, creating a newly formed organization of roughly 40,000 members. Effective Jan. 1, 2013, the American Academy of Nurse Practitioners and the American College of Nurse Practitioners will be known as the American Association of Nurse Practitioners, according to a news release (McKinney, 11/20). This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription. Study Predicts Shortage of Primary Care Doctors Will Worsen
News outlets report on the ambitious plans of a handful of health insurance co-ops starting from scratch after being funded by the law, how smokers may be charged higher premiums if they don’t take cessation classes and the challenge of explaining the law in multiple languages.Kaiser Health News: Obamacare Insurance Co-ops At The Starting GateThey have rented offices and zero customers. All their capital is borrowed. They’re trying to sign the kind of expensive, chronically ill individuals that insurers have avoided for decades. In three weeks they face mighty competitors with a hundred times the resources. But the 24 insurance-company startups created by the Affordable Care Act say they’re ready to battle the establishment, stay in business and change health care (Hancock, 9/12).The Associated Press/Washington Post: Michigan Smoker May Face Penalty, Go Without Health Insurance Unless He Quits Long-Time HabitThe law requires insurers to accept all applicants regardless of pre-existing medical problems. But it also allows them to charge smokers premiums that are up to 50 percent higher than those offered non-smokers — a way for insurers to ward off bad risks (9/12).The Associated Press/Washington Post: Hard Time Understanding Health Reform Law? Try Figuring It Out In Tagalog, Hmong Or VietnameseUnderstanding the law is a challenge even for governors, state lawmakers and agency officials, but delivering its message to non-English speakers who can benefit from it is shaping up as a special complication. That is especially true in states with large and diverse immigrant populations (9/12).The Associated Press: Key Consumer Questions About The Health Reforms How do I know whether “Obamacare” applies to me? Polls show many Americans remain mystified by the Patient Protection and Affordable Care Act, or “Obamacare” as it is commonly known. But there’s an obvious starting point: Do you have health care coverage? If your employer provides health insurance for you, it’s likely you don’t have to do anything on Oct. 1, when enrollment begins. The president has said you will be able to keep your doctor and your plan (9/12).The Associated Press/Washington Post: Key Milestones – And Potholes – In President Barack Obama’s Health Care Overhaul LawMedicare was signed into law on July 30, 1965, and within a year seniors were receiving coverage. President Barack Obama signed the Affordable Care Act on March 23, 2010, and the uninsured start getting coverage more than three years later on Jan. 1, 2014. Some key dates in the saga of Obama’s signature legislation (9/12).The CT Mirror: Obamacare: Big Changes Ahead For Some In Connecticut Several key provisions of the federal health reform law known commonly as Obamacare are taking effect Jan. 1. For some people, like the uninsured, that will bring major changes. For many others, like those who get their insurance through their jobs, not much will change. Here’s a look at how various groups of people will be affected, what their insurance options are now and what choices they’ll have beginning in 2014 (Becker, 9/12). The Final Push For Obamacare This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
A selection of health policy stories from Texas, New York, Kentucky, California and Virginia.NPR: Clinics Close As Texas Abortion Fight ContinuesThe fight over abortion in Texas is being played out in federal court, where abortion rights activists are challenging a new state law. The measure bans abortions at 20 weeks, adds building requirements for clinics and places more rules on doctors who perform abortions. Some clinics have shut down, saying they can’t comply with the law set to go into effect Oct. 29 (Lohr, 10/25).The New York Times: Visiting Nurse Service Cuts 500 WorkersThe move is new evidence of the turbulence in the home-care industry under Gov. Andrew M. Cuomo’s sweeping redesign of Medicaid, which has transferred tens of thousands of people receiving long-term help from a fee-for-service system to managed care, in an effort to save money and reduce nursing home use (Bernstein, 10/24).Louisville Courier-Journal: Gov. Steve Beshear Cites Improvements To Kentucky’s Medicaid Managed-Care SystemNearly two years after Kentucky’s Medicaid managed-care system sparked fallout with health care providers and patients, Gov. Steve Beshear says complaints have declined and claims are being processed more quickly — despite critics who argue otherwise. Beshear, at a Capitol press conference Thursday, attributed the improvements to a corrective action plan he announced six months ago amid accusations that managed-care companies were delaying payments and denying drug coverage to boost their bottom line (Wynn, 10/24).Lexington Herald-Leader: Beshear Says Medicaid Managed Care Program Saving Money, Improving HealthSix months after unveiling a plan to quickly resolve payment disputes between medical providers and Medicaid managed-care companies, Gov. Steve Beshear said the program is working. “In both health outcomes and financial savings, Medicaid managed care is succeeding in Kentucky,” Beshear said Thursday at a Capitol news briefing (Brammer, 10/24).California Healthline: Medi-Cal Transition ‘Lessons Learned’The Assembly Committee on Health oversight hearing yesterday on the many transitions of programs within the Department of Health Care Services was aimed at making sure shifts to Medi-Cal managed care plans are done with a maximum of consumer input and a minimum of disruption to Medi-Cal beneficiaries, according to committee chair Richard Pan (D-Sacramento). … The transitions into Medi-Cal managed care include about 380,000 seniors and persons with disabilities and about 860,000 children in the Healthy Families program, in addition to the upcoming duals demonstration program and the rural expansion into Medi-Cal managed care (Gorn, 10/24).Politico: ‘Serious’ Ken Cuccinelli Keeps Calm At DebateCuccinelli tried to paint McAuliffe, the former chairman of the Democratic National Committee, as a creature of Washington. He said he has fought the Environmental Protection Agency while McAuliffe supports President Barack Obama’s “war on coal.” He also used the botched rollout of Obamacare against McAuliffe, noting that his rival once supported a single-payer option and that expanding Medicaid in the state — as he wants — would bring even more headaches. “Send Washington a message and say no to Terry McAuliffe’s expanded Obamacare by voting for me on November 5th,” Cuccinelli said (Hohmann, 10/24). State Highlights: Texas Abortion Clinics Close As Court Fight Continues This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription. 100K Sign Up For Coverage Through Insurance Exchange In N.Y., But Problems Elsewhere Persist More than 100,000 people in New York have signed up for coverage on the health insurance exchange — most in private plans. In the meantime, a Maryland official expresses some doubt that fixes will be done to their exchange by a self-imposed deadline. Also, updates from exchanges in Michigan, Minnesota, Vermont, Oregon, Wisconsin and Colorado.The New York Times: 100,000 Have Signed Up On New York Health Exchange, Officials SayMore than 100,000 people have signed up for coverage through New York State’s health exchange, with two-thirds of them in private plans, significant developments as the state tries to capture a large pool of uninsured residents, state officials said Tuesday. As of Monday, about 69,500 people had selected a private insurance plan through the exchange, in addition to 31,400 who have signed up for Medicaid, the government insurance for the poor, the state health department said. In mid-November, the Medicaid to private insurance ratio was about 50-50, but began tipping toward the private side after that (Hartocollis, 12/10).The Associated Press/Washington Post:: Brown Says Md. Health Exchange Still EvolvingUnder fire from political rivals in Maryland’s governor’s race, Lt. Gov. Anthony Brown pledged Tuesday to remain focused on fixing the state’s bedeviled health care exchange and conduct a full assessment later on why its website has been troubled with computer problems. Brown, who is running for governor, took the lead on implementing health care reform in Maryland. Now, as the state’s health care exchange remains challenged more than two months after its launch, Brown is faced with questions about whether the exchange is a lemon (12/10).The Baltimore Sun: Uncertainty Surrounds Md. Health Exchange DeadlineLt. Gov. Anthony G. Brown cast uncertainty Tuesday on the administration’s ability to meet a deadline for repairs of the state’s online insurance marketplace, which has had one of the country’s most troubled rollouts under Obamacare (Walker and Cohn, 12/10).Politico: Michigan May Join States Banning Abortion In Obamacare PlansNearly half the states are banning abortion coverage in the new health insurance exchanges almost four years after battles over the issue nearly derailed passage of the Affordable Care Act. Michigan could become the 24th state to ban most abortions in exchange plans this week, after an unusual citizens’ petition drive that allows state lawmakers to resurrect a bill the governor had vetoed and vote it into law without his signature (Cunningham, 12/11). Pioneer Press: MNsure Helpline Waits Reach An Hour; Health Exchange Increasing Call Center StaffThe MNsure call center is struggling to handle an influx of questions from people trying to finalize health insurance for next year. Callers to the help line for Minnesota’s new health insurance exchange were being told Tuesday afternoon they had to wait 60 minutes for assistance (Snowbeck, 12/10).The Associated Press: Vt. Health Care Groups Says Most Small Biz CoveredAbout three-quarters of Vermont small business employees are enrolled in a health insurance plan that’s part of Vermont Health Connect, and they are set to begin receiving health benefits through the new system next month, the Department of Vermont Health Access announced Monday. Like the federal health care website, Vermont’s site has been plagued with problems (Ring, 12/10).The Oregonian: 30,000 Cover Oregon Enrollment Packets Still Not In The Mail, State Official SaysMore than 30,000 individuals who met Cover Oregon’s deadline for submitting health insurance applications still don’t have enrollment packets in hand, a state official acknowledged Tuesday. The concession by Dr. Bruce Goldberg, interim director of the state’s exchange, raises serious concerns about the state’s ability to meet Gov. John Kitzhaber’s promise to successfully enroll all Oregonians who need individual insurance Jan. 1. Of particular concern are the more than 20,000 individuals whose high-risk health insurance plans have no chance of being extended past Dec. 31 (Hunsberger, 12/10). The Milwaukee Journal Sentinel: Obamacare Sign-Up Hits 7,200 In Wisconsin As System Shows ImprovementAbout 7,200 Wisconsin residents so far have signed up for health coverage through new online federal insurance marketplaces, a state official said Tuesday. Dan Schwartzer, deputy state insurance commissioner, said there are signs the insurance exchange is working somewhat better after weeks of a troubled rollout for the federal law known as Obamacare. Schwartzer, who spoke at a luncheon organized by Wisconsin Health News, said the state’s estimate of sign-up figures isn’t exact but that in past weeks it had tracked closely with the official federal statistics (Stein, 12/10).Health Policy Solutions (a Colo. news service): Enrollments, Wait Times JumpEnrollments in Colorado’s health exchange jumped in December with an additional 5,094 people signing up for private health insurance during the first eight days of the month, according to exchange officials. But enrollments remain well below Connect for Health Colorado’s lowest projections and managers are now considering revising those projections downward. … In the meantime, wait times to talk with a customer service agent at the exchange’s call center have increased to 30 to 40 minutes (Kerwin McCrimmon, 12/10).
Ever Wonder Why Rx Drugs Cost So Much In The U.S.? The Wall Street Journal examines the cost of prescription drugs in the U.S. compared with other developed nations while other news outlets report that Express Scripts will offer a lower-cost alternative to a $750-per-pill medication made by Turing Pharmaceuticals. In the background, STAT finds that public opinion supports government actions to hold down drug costs — such as allowing Medicare to negotiate prices with drug companies. The Associated Press: Express Scripts Offers Low-Cost Alternative To Turing Drug Turing Pharmaceuticals’ effort to charge $750 a pill for a 62-year-old drug is facing a new headwind: The nation’s largest prescription drug manager plans to back an alternative that costs only $1 per pill. The prescription drug manager, Express Scripts, was expected to announce on Tuesday that it will promote use of a compounded medicine that contains the same active ingredient as the Turing drug, Daraprim. (Pollack, 12/1) Most Americans believe that the prices of brand-name prescription drugs have become unreasonable, and their dismay is leading to wide support for government action to keep costs down, including letting Medicare negotiate prices with drug companies, according to a new poll by STAT and the Harvard T.H. Chan School of Public Health. (Nather, 12/1) Other drugmakers have also recently purchased the rights to old, cheap medicines that are the only treatment for serious diseases and then hiked prices. The practice has triggered government investigations, politicians’ proposals to fight “price gouging,” and heavy media scrutiny. The Express Scripts decision means that a cheaper alternative to Daraprim created by Imprimis Pharmaceuticals will now be available to about 25 million customers through its formulary. What those customers pay will depend on their insurance coverage. That could mean prescriptions that come with a co-payment as low as $10 or $20 for the whole bottle of pills. (12/1) This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription. STAT: STAT-Harvard Poll: Dismayed By Drug Prices, Public Supports Democrats’ Ideas The New York Times: Top Prescription Plan To Offer $1 Alternative To $750 Pill The Wall Street Journal: Why The U.S. Pays More Than Other Countries For Drugs Norway, an oil producer with one of the world’s richest economies, is an expensive place to live. A Big Mac costs $5.65. A gallon of gasoline costs $6. But one thing is far cheaper than in the U.S.: prescription drugs. A vial of the cancer drug Rituxan cost Norway’s taxpayer-funded health system $1,527 in the third quarter of 2015, while the U.S. Medicare program paid $3,678. An injection of the asthma drug Xolair cost Norway $463, which was 46% less than Medicare paid for it. (Whalen, 11/30)
The Hill: Hyde Amendment Is Bad Policy (And Unpopular Too!) The Hill: FDA’s Cognitive Dissonance On Smoking Obamacare has provided health insurance to some 20 million people. But are they any better off? This has been the central question as we’ve been watching the complex and expensive health law unfurl. We knew the law was giving people coverage, but information about whether it’s protecting people from debt or helping them become more healthy has been slower to emerge. (Margot Sanger-Katz, 8/9) The New York Times: Obamacare Appears To Be Making People Healthier What’s needed to evaluate a talk like this is a combination of critical thinking skills – strong mental defenses against confirmation bias and subtle manipulation. Critical thinking would have helped investors realize much sooner that the company was headed for trouble. After all, they poured hundreds of millions of dollars into Theranos, though Holmes refused to explain how its revolutionary technology worked. Maybe they didn’t know what to look for. (Faye Flam, 88) Last week, I outlined eight possible futures for Obamacare. By curious coincidence, few of them looked like the paradise of lower premiums and better care that the law’s supporters had promised. In the best case scenarios, they looked more like what critics had warned about — “Medicaid for all,” or fiscal disaster, or a slow-motion implosion of much of the market for private insurance as premiums soared and healthy middle-class people dropped out. (Megan McArdle, 8/8) Last month, Florida’s new law regarding price transparency requiring hospitals to publish “average charges” went into effect. But the concept of price transparency in our dysfunctional system is a scam. It misleads the public into believing help is on the way; easing political pressure from consumers who are livid over skyrocketing healthcare costs. This new law perpetuates the current abusive system in which patients are unable to determine their costs, and shopping for good value is, by design, impractical. The idea that publishing price ranges or average prices will help consumers or spur competition, insults our intelligence. (Steven I. Weissman, 8/8) Viewpoints: The ACA’s Wellbeing — Healthy Or Ill?; Health Care Costs And Transparency A selection of opinions on health care from around the country. Republican presidential candidate Donald Trump claimed in an economic speech Monday that his proposal to repeal the Affordable Care Act would “save” 2 million American jobs. But there are serious problems with that statement. The Congressional Budget Office tentatively projected in early 2014 that the ACA would reduce the total number of hours Americans work by 1.5% to 2% between 2017 and 2024—“almost entirely because workers will choose to supply less labor—given the new taxes and other incentives they will face and the financial benefits some will receive.” It updated those projections in a second report in December. (Harris Meyer, 8/8) The New York Times: How Common Procedures Became 20 Percent Cheaper For Many Californians At a time when health care spending seems only to go up, an initiative in California has slashed the prices of many common procedures. The California Public Employees’ Retirement System (Calpers) started paying hospitals differently for 450,000 of its members beginning in 2011. It set a maximum contribution it would make toward what a hospital was paid for knee and hip replacement surgery, colonoscopies, cataract removal surgery and several other elective procedures. Under the new approach, called reference pricing, patients who wished to get a procedure at a higher-priced hospital paid the difference themselves. (Austin Frakt, 8/8) Miami Herald: Florida’s Healthcare Price-Transparency Law Is A Scam We all want to live in a thriving community where everyone has the chance to succeed. The building blocks of such a community include a good education, safe neighborhoods, reliable roads and healthy people – and insurance coverage is foundational for ensuring we are all healthy. Thanks to the Medicaid expansion, more and more Kentuckians’ loved ones and neighbors are able to take a stake in their own health care, and all of us will benefit because of it. (Dustin Pugel, 8/8) The rough questioning of Brownback administration leaders at last week’s KanCare legislative oversight panel hearings revealed bipartisan frustration with constituent experiences and official assurances. Anger is justified, as is legislative talk of rolling back the recent 4 percent reimbursement cut and blocking a worrisome proposal to consolidate seven in-home care programs. (8/9) If you’ve ever wondered whether Congress really deserves its approval rating, which just barely rises into the double digits, witness lawmakers’ reaction to the Zika virus. Although the virus ordinarily is relatively harmless, if a pregnant woman is infected, it can cause microcephaly in the fetus, a serious birth defect resulting in an abnormally small head and stunted brain development. (8/8) The U.S. Food and Drug Administration recently launched “This Free Life”—a first-of-its-kind anti-smoking campaign aimed directly at the LGBT community. The crusade reflects data showing that members of the LGBT community smoke at approximately twice the rate of their straight counterparts. But the FDA’s actions don’t match the message of its P.R. campaign. (Gregory T. Angelo, 8/8) The Philadelphia Inquirer: The ACA’s Ill Health Summer vacation is winding down, and soon students across Kentucky will be heading back to school. To protect their own health and the health of others around them, children and teens of all ages should make sure their immunizations are up to date before beginning another academic year.The Centers for Disease Control and Prevention recommends that children start building immunity against infectious diseases at an early age. (Tracy Kielman, 8/8) The Baltimore Sun: Supporting Baltimore’s Seniors The Louisville Courier-Journal: How Medicaid Is Improving Health Lexington Herald Leader: Immunize Children, Teens For School Year The Social Security Administration has created a potentially huge but avoidable problem for millions of account holders in an overzealous attempt to fight computer hackers. As of this month, online users have been required to own a cellphone, register that number and obtain a text-messaged security code for use when accessing the Social Security website. The rationale for tighter security is understandable. Identity theft typically involves stealing a person’s Social Security number. (8/8) The Kansas City Star: America, Unlike Congress, Cannot Take A Vacation From Zika Virus Sacramento Bee: School Dental Clinics Good For Kids, Taxpayers St. Louis Post-Dispatch: Don’t Shut Out Retirees In Bid To Secure Social Security Online Site Modern Healthcare: Behind Trump’s Claim That Obamacare Cost 2 Million Jobs With over 100,000 Baltimoreans over the age of 60, we cannot create well-being in our city without also ensuring the health and wellness of our older adults. This includes supporting the ability of residents to age in their communities with choice, independence and dignity…Beginning in 2013, the Maryland State Department of Aging reallocated funds to jurisdictions based on an area’s share of the older population as a whole. While Baltimore City has fewer older adults than some jurisdictions, it has the largest proportion of those living in poverty — nearly 41 percent in the entire state. (Leana Wen, 8/8) It’s time to get the facts straight. The reality is, voters oppose the 40-year-old policy. A poll from Hart Research Associates shows 86 percent of voters agree that “however we feel about abortion, politicians should not be allowed to deny a woman’s health coverage because she is poor.” People of all ages and political stripes share this view: 90 percent of voters ages 18 to 34, 84 percent of voters 65 and over, 79 percent of Republicans, and 94 percent of Democrats all agree. Bloomberg View: Lesson Of Theranos: Fact-Checking Alone Isn’t Enough The Wichita Eagle: KanCare Anger Justified Tucked in a corner of a building on campus, the pocket-sized dental suite is equipped with an examination chair, teeth-cleaning equipment, a portable X-ray gun and a miniature camera that sends digital photos to a computer. Every Friday, a dental hygienist is on duty to clean teeth and do routine exams.The results, along the with each child’s dental record, are shipped via the internet to a local dentist, who reviews the exams and schedules full office visits for those children who require more extensive care. (Daniel Weintraub, 8/8) Bloomberg: Who’s Gaming Obamacare? Better To Ask: Who Isn’t? In July alone, three co-ops, HealthyCT in Connecticut, Community Care of Oregon, and Land of Lincoln in Illinois, announced they are closing up shop. They join 13 other failed co-ops out of the original 23 that were a centerpiece of the Affordable Care Act’s vision for the future of health-care organization – an unrealistic vision based on wishful thinking and sabotaged by the ACA itself. (Joel Zinberg, 8/8) This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
A generic alternative for the lifesaving allergy treatment is being developed by Teva Pharmaceuticals (TEVA). The company has indicated the generic treatment may arrive as early as next year, creating a cheaper alternative to EpiPen, which has cornered an estimated 94% of the market.In fact, some Wall Street analysts believe the national outcry over the 400% increase in EpiPen prices may ultimately speed up the FDA approval process for an affordable replacement. (Egan, 8/26) Stat: Behind The Stealth Ad Campaigns For The EpiPen And Other Drugs Mylan Pharmaceuticals has spent millions this year on television ads and celebrity testimonials that implicitly promote the EpiPen — without ever mentioning it by name. … Welcome to the world of unbranded ads, a stealthy and lightly regulated form of drug marketing focused on educating the public about a health condition — which the pharma company just happens to sell a product to treat. The ads aren’t required to disclose side effects. Instead, they often direct patients to a website about the disease. Click on a few links and you’ll likely land on a page promoting the branded treatment. (Robbins, 8/29) This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription. CNN Money: EpiPen Outrage May Fuel Cheap Generic In 2017 How Unbranded Ad Campaigns Helped EpiPen Maker Skirt Regulations The ad campaigns are a stealthy way for pharmaceutical companies to raise consumer awareness of a need for a drug without explicitly mentioning the drug itself, which allows them to avoid disclosing side effects. Meanwhile, a generic for the pricey EpiPen could be coming out as soon as next year.
Hudson’s Bay offered escape from retail carnage with chairman’s bid Stock soars on $1.74 billion offer Bloomberg Bloomberg News Reddit Email Recommended For YouAll 23 crew of seized British-operated tanker are safe -Iranian TVOptiv Security Brings Cybersecurity Innovation to Dallas-Fort WorthThe storm is coming and investors need a financial ark to see them throughTrans Mountain construction work can go ahead as National Energy Board re-validates permitsDavid Rosenberg: Deflation is still the No. 1 threat to global economic stability — and central banks know it More Jonathan Roeder and Scott Deveau 2 Comments Leaving GermanyIn a separate announcement Monday, Hudson’s Bay said it is cashing out of its European operations — to the tune of $1.5 billion. The Toronto-based company said it reached an agreement for partner Signa Holding GmBH to take over the companies’ German real estate and retail joint venture. Part of the proceeds will be used to strengthen the company’s balance sheet by paying down a term loan. Hudson’s Bay Co exploring strategic alternatives for Lord & Taylor, including sale or merger Walmart has unleashed an army of robots in its stores and workers aren’t exactly thrilled about it Ailing Forever 21 is exploring restructuring options to turn around its business The bid to go private is dependent on the deal with Signa, which is expected to close this fall. The shareholder deal would allow Baker and his partners to continue the company’s turnaround efforts outside the glare of public markets.“We believe that improving HBC’s performance will require significant time and patient long-term capital that is better suited in a private company context without the emphasis on short-term results and returns,” Baker said in a statement Monday.Going private will give Hudson’s Bay more flexibility to try new ideas as the company refocuses on North America, said Poonam Goyal, an analyst at Bloomberg Intelligence.“The retail sector is undergoing massive transformations and maybe they just need the flexibility,” Goyal said.Special CommitteeHudson’s Bay said no decision has been made on Baker’s bid, and the retailer has formed a special committee to review the proposal with the assistance of outside advisers.This isn’t the first time shareholders have tried to get involved. Activist investor Land & Buildings Investment Management had pushed the company to explore ways to improve value for shareholders last year, including calling for Hudson’s Bay’s insiders to explore taking the company private. The New York hedge fund, run by Jonathan Litt, also called for the company to sell its European division and other real estate.Land & Buildings still owns a sizable position in Hudson’s Bay, according to people familiar with the matter. While the hedge fund is still evaluating the terms of the transaction, initial impressions are that the proposed price undervalues the company, the people said.A representative for Land & Buildings declined to comment.More changes are likely. The sale of the German business to Signa doesn’t include operations in the Netherlands, which will revert to Hudson’s Bay ownership. Hudson’s Bay said it’s reviewing options for the Netherlands business, “which has not performed to expectations.” In the meantime, the company expects to cut costs by measures that include closing stores.With assistance from Sandrine Rastello and Lisa WolfsonBloomberg.com National Post Hudson’s Bay Co. has tried everything to appease shareholders, from cutting costs to selling off assets. None of it has halted the stock’s steady decline, so Chairman Richard Baker is stepping in with a cash bid valued at about $1.74 billion to take the company private.Hudson Bay Company chairman Richard Baker Comment Hudson’s Bay Co. store in downtown Vancouver, British Columbia.Ben Nelms/Bloomberg Share this storyHudson’s Bay offered escape from retail carnage with chairman’s bid Tumblr Pinterest Google+ LinkedIn June 10, 201911:19 AM EDT Filed under News Retail & Marketing Baker is teaming up with investors, including Rhone Capital LLC and WeWork Property Advisors, to offer $9.45 a share for the remaining stock of Hudson’s Bay. The group owns about 57 per cent of the company’s outstanding common shares, and the offer represents a 48 per cent premium to the retailer’s closing share price on Friday, the investors said in a statement.The offer, if successful, would be a next step in Chief Executive Officer Helena Foulkes’s everything-is-on-the-table approach to turning Hudson’s Bay around. The company has already divested flash-sale website Gilt, slashed costs by cutting jobs, unloaded a minority stake to Rhone Capital and sold its iconic Lord & Taylor building in Manhattan to WeWork for US$850 million. But it’s been to no avail — through last week’s close, the stock had lost almost two thirds of its value since 2012.Shares surged 43 per cent to $9.09 at 10:45 a.m. in Toronto.Hudson Bay Co’s shares surged 43 per cent to $9.09 at 10:45 a.m. in Toronto. Join the conversation → Facebook Twitter
Even though it’s a bigger car and might not strictly fall under it, the segment is currently controlled by the impressive Tesla Model X. However, with the advent of some new competition from some old carmakers, it makes sense to do a short comparison between these. After all, they are all similarly high priced exert high levels of performance and fall into the luxury utility category.Below, you will find a chart showcasing all the specifications for these direct competitors. Mind you, the Audi e-tron data is collected from the bits and pieces revealed either through official company statements or simply by quoting the upper echelon people from the German car maker. You’ll also notice the absence of the BMW iX3 in the specifications sheet. That we understand and we will update the chart with the BMW iX3 data once it becomes available. 46 photos Source: Electric Vehicle News 26 photos Author Liberty Access TechnologiesPosted on September 9, 2018Categories Electric Vehicle News MSRP$TBA$70,495$79,500$95,000 (German Pricing) 29 photos Top speed (mph)112 mph124 mph130 mph124.3 Battery capacity80 kWh90 kWh75 kWh95 kWh All-electric range279 miles (NEDC cycle)240 miles – EPA Est247 miles249 miles (WLTP) Audi e-Tron With similar power, performance and range, these present a rather interesting dilemma for most would-be electric SUV/Crossover buyers. All of these come with dual motors. In several categories, you’ll note that the differences are so close it’s like splitting hairs. And, of course, if you’ve got the extra cash and want to spring for a higher level Model X, then that vehicle will outperform all of the others listed, but it’s unfair to include the far more expensive versions of the X here.Count in the vast Supercharger network and the advanced Autopilot, and it’s hard to beat all the positive aspects of the Tesla Model X, but perhaps it’s styling isn’t to your liking. That’s fine, as there will soon be lots of other highly capable options in the luxury utility segment. And choices are always a welcome addition to the world of electric cars.It may not be long before some different or more powerful and range-happy versions of these three (four if you include the BMW iX3) competitors, take the Model X down from the throne. Clearly, the German onslaught is brewing and we wouldn’t be surprised if some of the upcoming models from the Big German Three actually shuffle things around fully. It’s bound to happen, the only question is when?Tesla Model X Height63.9”61.3”66”60.6″ Wheelbase113.1”117.7”116.7”114.6″ Curb weight (lbs)TBA4,784 lbs.5,307 lbs.TBA Drive configurationAWDAWDAWDAWD The Germans are coming for Tesla, and it may not be long before a hard-fought battle begins.The Mercedes-Benz EQ line is finally brought to life thanks to the reveal of the fully-electric EQC crossover. The segment, although in its early stages of life, promises big things for every car maker. Some of the competitors for the EQC are the newly revealed Jaguar I-Pace, the Audi e-tron and the upcoming BMW iX3. Certainly, none other than the Jaguar have actually been released to the customers, but all of these vehicles are supposed to enter production and arrive on the market in the next 24 months or less.Learn more about these electric vehicles 0-60 mph4.9 sec. (est.)4.5 sec.4.9 sec.5.9 seconds Efficiency Matters And That’s Where The Jaguar I-Pace Falters Mercedes-Benz EQC 400Jaguar I-PaceTesla Model X 75DAudi e-tron BMW iX3 Order Books Now Open: Deposit Puts You In Line Audi To Revive R8 E-Tron As 1,000-Hp Electric Monster? Performance402 hp, 564 lb-ft394 hp, 512 lb-ft328 hp, 387 lb-ft355 hp, 414 lb-ft MotorDual motorsDual motorsDual motorsDual Motors BMW iX3 Jaguar I-Pace 11 photos Mercedes EQC 15 photos Width82.5”84.2”81.5”76″ Length187.4”184.3”198.3”192.1″