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	<title>expanding &#8211; USA NEWS LIVE</title>
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	<description>All About USA NEWS</description>
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	<title>expanding &#8211; USA NEWS LIVE</title>
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		<title>The FDA approves Eli Lilly&#039;s weight-loss drug Zepbound for sleep apnea, expanding its use within the United States</title>
		<link>https://bloggingthree.soflytech.com/2024/12/the-fda-approves-eli-lillys-weight-loss-drug-zepbound-for-sleep-apnea-expanding-its-use-within-the-united-states/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Sat, 21 Dec 2024 00:21:01 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[apnea]]></category>
		<category><![CDATA[approves]]></category>
		<category><![CDATA[drug]]></category>
		<category><![CDATA[Eli]]></category>
		<category><![CDATA[expanding]]></category>
		<category><![CDATA[FDA]]></category>
		<category><![CDATA[Lilly39s]]></category>
		<category><![CDATA[sleep]]></category>
		<category><![CDATA[States]]></category>
		<category><![CDATA[United]]></category>
		<category><![CDATA[weightloss]]></category>
		<category><![CDATA[Zepbound]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=21291</guid>

					<description><![CDATA[The Food and Drug Administration gave approval Friday Eli Lillyis the blockbuster weight reduction drug Zepbound to treat patients with essentially the most common sleep-disordered respiration disorder and to expand its use and potentially insurance coverage within the United States The weekly injection is now The first drug treatment option was released for patients with [&#8230;]]]></description>
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<p>The Food and Drug Administration gave approval Friday <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Eli Lilly<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>is the blockbuster weight reduction drug <a href="https://www.nbcnews.com/health/health-news/eli-lillys-weight-loss-drug-zepbound-found-reduce-sleep-apnea-company-rcna148113" target="_blank">Zepbound</a> to treat patients with essentially the most common sleep-disordered respiration disorder and to expand its use and potentially insurance coverage within the United States</p>
<p>The weekly injection is now <a href="https://investor.lilly.com/news-releases/news-release-details/fda-approves-zepboundr-tirzepatide-first-and-only-prescription" target="_blank">The first drug treatment option was released</a> for patients with moderate to severe obesity <a href="https://investor.lilly.com/news-releases/news-release-details/tirzepatide-reduced-sleep-apnea-severity-nearly-two-thirds" target="_blank">obstructive sleep apnea</a>or OSA, which refers to interruption in respiration during sleep as a result of narrowed or blocked airways. Zepbound ought to be used together with a reduced-calorie weight-reduction plan and increased physical activity, the FDA noted in a news release. </p>
<p>According to Eli Lilly, an estimated 80 million patients within the United States suffer from this disease. About 20 million of those people suffer from moderate to severe types of the disease, but 85% of cases go undiagnosed, the corporate told CNBC earlier this yr.</p>
<p>&#8220;Too often, OSA is dismissed as &#39;just snoring&#39; – but it is much more than that,&#8221; said Julie Flygare, president and CEO of Project Sleep, a nonprofit organization that advocates for sleep health and sleep disorders, in an Eli Lilly press release . “It is important to understand OSA symptoms and know that treatments are available, including new options like Zepbound. We hope this will lead to more meaningful conversations between patients and healthcare providers and ultimately lead to better health outcomes.” </p>
<p>Eli Lilly expects to bring the OSA drug to market early next yr. It is the primary approval beyond the treatment of obesity for Zepbound, which got here to market late last yr and can also be being tested for several other obesity-related diseases comparable to fatty liver disease. Tirzepatide, the energetic ingredient in Zepbound, has long been sold on the US market because the diabetes drug Mounjaro.</p>
<p>The agency&#39;s decision could pave the best way for Eli Lilly to get more comprehensive insurance coverage for Zepbound, which like other weight-loss drugs isn&#39;t covered by many insurance coverage. This includes the federal Medicare program, which only covers obesity medications in the event that they are approved and prescribed for extra health advantages.</p>
<p>The approval also underscores growing evidence that GLP-1 may bring additional health advantages, a category of weight reduction and diabetes treatments which have surged in popularity and been in brief supply over the past yr. In particular, Zepbound&#39;s predominant competitor, the burden loss drug Wegovy <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-6">Novo Nordisk<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>is just not approved for OSA.</p>
<p>Zepbound could possibly be a priceless recent treatment option for patients with OSA, which may cause loud snoring and excessive daytime sleepiness and result in serious complications comparable to stroke and heart failure. Patients with this condition have limited treatment options beyond wearing masks attached to cumbersome machines that generate positive airway pressure (PAP) to permit normal respiration.</p>
<p>Eli Lilly released initial results from two clinical trials in April that showed Zepbound was simpler than a placebo in reducing the severity of OSA in patients with obesity after one yr.</p>
<p>In June, Eli Lilly released additional data from the trials showing that Zepbound helped<br />resolve OSA in almost half of patients. The first study examined weekly injections in adults with moderate to severe OSA and obesity who weren&#8217;t receiving PAP therapy. The second study tested Zepbound in adults with the identical conditions, but these participants were on PAP therapy and planned to proceed it.</p>
<p>The data showed that 43% of individuals in the primary study and 51.5% of patients within the second study who took the best dose of Zepbound achieved &#8220;disease resolution,&#8221; in accordance with the corporate. This compares to 14.9% and 13.6% of patients who took a placebo within the two studies, respectively.</p>
<p>Researchers got here to those conclusions by studying an apnea-hypopnea index (AHI), which records how persistently per hour an individual&#39;s respiration shows a restricted or completely blocked airway. The index is used to guage the severity of obstructive sleep apnea and the effectiveness of treating the condition.</p>
<p>The company explained that disease resolution in OSA is defined as a patient experiencing fewer than five AHI events per hour. According to Eli Lilly, it&#8217;s also defined as a one that has five to 14 AHI events per hour and scores a certain number on a typical survey measuring excessive daytime sleepiness.</p>
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		<title>China is expanding its visa-free policy to nine more countries &#8211; including South Korea</title>
		<link>https://bloggingthree.soflytech.com/2024/11/china-is-expanding-its-visa-free-policy-to-nine-more-countries-including-south-korea/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Thu, 07 Nov 2024 00:43:50 +0000</pubDate>
				<category><![CDATA[Travel]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[countries]]></category>
		<category><![CDATA[expanding]]></category>
		<category><![CDATA[including]]></category>
		<category><![CDATA[Korea]]></category>
		<category><![CDATA[policy]]></category>
		<category><![CDATA[South]]></category>
		<category><![CDATA[visafree]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=18677</guid>

					<description><![CDATA[From Friday, residents from nine more countries can enter China with out a visa. Ordinary passport holders from eight countries in Europe &#8211; Slovakia, Norway, Finland, Denmark, Iceland, Andorra, Monaco and Liechtenstein &#8211; in addition to South Korea can enter visa-free for as much as 15 days for business or personal reasons. The visa exemption [&#8230;]]]></description>
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<p>From Friday, residents from nine more countries can enter China with out a visa.</p>
<p>Ordinary passport holders from eight countries in Europe &#8211; Slovakia, Norway, Finland, Denmark, Iceland, Andorra, Monaco and Liechtenstein &#8211; in addition to South Korea can enter visa-free for as much as 15 days for business or personal reasons.</p>
<p>The visa exemption is scheduled to stay in effect until December 31, 2025.</p>
<p>South Korea is a vital tourism source marketplace for China. According to The Korea Times, around 4.3 million South Koreans visited China in 2019. The Korean Foreign Ministry reported fewer than 1.3 million visitors in 2023.</p>
<p>Share prices of well-known Chinese and Korean travel corporations rose after Beijing announced the expanded visa waiver program on Friday.</p>
<p>Shares of Trip.com rose greater than 5%, while budget airline Jin Air rose nearly 4%.</p>
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<h2 class="ArticleBody-subtitle"><a id="headline0"></a>Efforts to spice up tourism</h2>
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<p>This is the newest round of nations joining China&#39;s ever-expanding visa-free program, which is meant to spice up inbound tourism, which has not yet returned to pre-pandemic levels.</p>
<p>In 2019, China welcomed around 49.1 million travelers &#8211; as of July this 12 months <a href="https://english.www.gov.cn/news/202408/19/content_WS66c2fd5bc6d0868f4e8ea0cd.html" target="_blank" rel="noopener">around 17.25 million foreigners had arrived</a>said the state media agency <a href="https://english.www.gov.cn/archive/statistics/202409/30/content_WS66fa9385c6d0868f4e8eb6f0.html" target="_blank" rel="noopener">Xinhua</a>.</p>
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<p>China&#39;s visa waiver policy has been instrumental in attracting foreigners to go to. In the third quarter of 2024, 8.2 million foreigners arrived, a 49% increase from 2023 &#8211; with about 4.9 million using this system, Xinhua reported on Tuesday.</p>
<p>Officials are also attempting to ease headaches for international visitors, including payment problems faced by foreigners within the country, in accordance with Chinese state media. For example, the federal government reportedly requires major tourist attractions to simply accept foreign bank cards and money.</p>
<p>Chinese officials are also attempting to restore flight capability to pre-pandemic levels. Chinese airlines are starting flights to Europe this winter after major global airlines suspended flights to China as a consequence of low demand and ongoing operational problems brought on by Russian airspace restrictions.</p>
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<p><em>image credit : www.cnbc.com</em></p>
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		<title>Costco is expanding its precious metals selection to incorporate platinum bars</title>
		<link>https://bloggingthree.soflytech.com/2024/10/costco-is-expanding-its-precious-metals-selection-to-incorporate-platinum-bars/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Wed, 02 Oct 2024 18:50:17 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[bars]]></category>
		<category><![CDATA[Costco]]></category>
		<category><![CDATA[expanding]]></category>
		<category><![CDATA[include]]></category>
		<category><![CDATA[metals]]></category>
		<category><![CDATA[platinum]]></category>
		<category><![CDATA[precious]]></category>
		<category><![CDATA[selection]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=16389</guid>

					<description><![CDATA[Costco The goldmine that&#8217;s the dear metals market continues to be exploited. The wholesaler is expanding its range to incorporate platinum bars made in Switzerland. Costco announced Wednesday that along with its now-famous gold bars and silver coins, 1-ounce platinum bars can even be available on the market on its website for $1,089.99. The bars [&#8230;]]]></description>
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<div id="RegularArticle-ArticleBody-5" data-module="ArticleBody" data-test="articleBody-2" data-analytics="RegularArticle-articleBody-5-2"><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Costco<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    The goldmine that&#8217;s the dear metals market continues to be exploited. The wholesaler is expanding its range to incorporate platinum bars made in Switzerland.</p>
<p>Costco announced Wednesday that along with its now-famous gold bars and silver coins, 1-ounce platinum bars can even be available on the market on its website for $1,089.99. The bars will only be sold online and can&#8217;t be shipped to Louisiana, Nevada or Puerto Rico, the corporate said. Interested shoppers can even need a Costco membership, which costs between $65 and $130 per yr.</p>
<p>It&#39;s no surprise that the corporate continues to dive into the dear metals market. Gold bars launched at Costco in August 2023 and sold out inside hours of restocking lower than two months later. Analysts at Wells Fargo reported in April that Costco was selling as much as $200 million price of gold bars every month.</p>
<p>“I got a few calls that people saw online that we were selling 1-ounce gold bars,” Richard Galanti, Costco&#39;s then-chief financial officer, said on the corporate&#39;s September 2023 earnings call to the location, they are often gone inside a number of hours and we limit two per member.”</p>
<p>The value of gold has increased by greater than 40% previously yr and by greater than 70% within the last five years. However, the worth of platinum has been somewhat steeper in recent times. Platinum&#39;s value has risen greater than 15% previously 12 months, even though it has fallen greater than 8% since surpassing $1,100 in early 2024.</p>
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		<title>FDA approves GSK&#039;s RSV vaccine for high-risk adults ages 50 to 59, expanding the vaccination&#039;s reach</title>
		<link>https://bloggingthree.soflytech.com/2024/06/fda-approves-gsks-rsv-vaccine-for-high-risk-adults-ages-50-to-59-expanding-the-vaccinations-reach/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Sat, 08 Jun 2024 09:58:46 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[adults]]></category>
		<category><![CDATA[Ages]]></category>
		<category><![CDATA[approves]]></category>
		<category><![CDATA[expanding]]></category>
		<category><![CDATA[FDA]]></category>
		<category><![CDATA[GSK39s]]></category>
		<category><![CDATA[highrisk]]></category>
		<category><![CDATA[reach]]></category>
		<category><![CDATA[RSV]]></category>
		<category><![CDATA[vaccination39s]]></category>
		<category><![CDATA[vaccine]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=5753</guid>

					<description><![CDATA[The Food and Drug Administration on Friday approved GSKRespiratory syncytial virus vaccine for adults aged 50 to 59 years who&#8217;re at increased risk seriously ailing from the possibly deadly virus. The vaccine, called Arexvy, is the primary FDA-approved vaccine to guard this population against RSV. The agency first approved GSK&#39;s vaccine for patients in May [&#8230;]]]></description>
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<p>The Food and Drug Administration on Friday approved <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">GSK<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>Respiratory syncytial virus vaccine for adults aged 50 to 59 years who&#8217;re at increased risk <a href="https://www.cdc.gov/rsv/high-risk/index.html" target="_blank" rel="noopener">seriously ailing</a> from the possibly deadly virus. </p>
<p>The vaccine, called Arexvy, is the primary FDA-approved vaccine to guard this population against RSV. The agency first approved GSK&#39;s vaccine for patients in May 2023 <a href="https://www.fda.gov/news-events/press-announcements/fda-approves-first-respiratory-syncytial-virus-rsv-vaccine" target="_blank" rel="noopener">60 and older</a>who&#8217;re more vulnerable to severe cases of the virus. </p>
<p>RSV causes hundreds of hospitalizations and deaths amongst seniors annually, based on <a href="https://www.cdc.gov/rsv/high-risk/older-adults.html#:~:text=RSV%20infections%20can%20be%20dangerous,die%20due%20to%20RSV%20infection." target="_blank" rel="noopener">Data </a>from the Centers for Disease Control and Prevention. But the virus may cause serious illness in adults ages 50 and older &#8211; and even younger &#8211; with underlying chronic diseases similar to asthma, diabetes and heart failure.</p>
<p>About 13 million Americans between the ages of fifty and 59 are at high risk of severe illness from RSV, Phil Dormitzer, head of vaccine research and development and infectious disease research at GSK, said in an interview. </p>
<p>&#8220;On the one hand, it&#39;s useful because it obviously allows you to meet the medical needs of that age group,&#8221; Dormitzer told CNBC, &#8220;but it&#39;s also nice for pharmacists to have a single vaccine that they can administer to a larger population, which makes it simpler.&#8221;</p>
<p>GSK&#39;s vaccine is not going to yet reach this latest group of patients. A CDC advisory panel will vote on recommendations for GSK&#39;s vaccine later in June, together with a rival vaccine from <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-7">Pfizer<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    and a newly approved vaccine from <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-9">Modern<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>. </p>
<p>The FDA’s expanded approval could help GSK maintain its dominant position within the RSV market in the autumn and winter, when the virus <a href="https://www.cdc.gov/rsv/clinical/index.html" target="_blank" rel="noopener">typically spreads further</a> within the US The British pharmaceutical company&#39;s vaccine generated sales of around £1.2 billion last 12 months, surpassing the 890 million US dollars (about £699 million)<strong> </strong>of revenue generated by Pfizer’s vaccine. </p>
<p>GSK Chief Commercial Officer Luke Miels said on a conference call in May that the corporate <a href="https://www.gsk.com/media/11113/q1-2024-results-transcript.pdf" target="_blank" rel="noopener">stays “very confident</a>“that Arexvy can achieve peak annual revenues of over £3 billion over time.</p>
<p>Dormitzer said GSK had success within the last RSV season, but noted that the corporate will at all times &#8220;take the competition seriously.&#8221; </p>
<p>He said Arexvy had shown strong efficacy in patients with pre-existing conditions. </p>
<p>In a late-stage study, a single dose of the vaccine in high-risk adults ages 50 to 59 elicited an immune response no worse than that seen in people ages 60 and older. </p>
<p>An earlier late-stage study on this older age group found that vaccination was almost 83% effective in stopping lower respiratory tract disease attributable to RSV and about 94% effective in stopping severe disease. </p>
<p>According to GSK, the security data in adults aged 50 to 59 years were also consistent with the information in adults aged 60 and over. Side effects included fatigue, headache and muscle pain, most of which were mild to moderate. </p>
<p>A single dose of GSK’s vaccine was only barely less effective in adults aged 60 and over after two virus seasons, showing <a href="https://www.gsk.com/en-gb/media/press-releases/gsk-shares-positive-data-for-arexvy-its-respiratory-syncytial-virus-older-adult-vaccine-indicating-protection-over-two-rsv-seasons/" target="_blank" rel="noopener">67.2% effectiveness</a> against lower respiratory tract disease. Dormitzer said the corporate will test the vaccine&#39;s effectiveness over three RSV seasons to see if it may well provide even longer protection. </p>
<p>GSK can also be studying Arexvy in other patient groups to expand the vaccine&#39;s reach in the long run. The company expects to announce study data in two different patient groups during 2024: people aged 18 to 59 who&#8217;re at increased risk of severe RSV infection and adults with weakened immune systems.</p>
<p>Dormitzer added that the corporate can also be expanding the vaccine&#39;s reach in other countries. Regulators in Europe, Japan and other regions are currently reviewing GSK&#39;s application to expand Arexvy&#39;s approval to incorporate high-risk patients ages 50 to 59. </p>
<p>GSK&#39;s vaccine has been approved in nearly 50 countries, an organization spokesperson told CNBC.  </p>
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		<title>Eureka! Restaurant chain is expanding its offering with recent dishes that give classic home cooking a brand new twist</title>
		<link>https://bloggingthree.soflytech.com/2024/06/eureka-restaurant-chain-is-expanding-its-offering-with-recent-dishes-that-give-classic-home-cooking-a-brand-new-twist/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Mon, 03 Jun 2024 18:30:33 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[chain]]></category>
		<category><![CDATA[classic]]></category>
		<category><![CDATA[cooking]]></category>
		<category><![CDATA[dishes]]></category>
		<category><![CDATA[Eureka]]></category>
		<category><![CDATA[expanding]]></category>
		<category><![CDATA[give]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[offering]]></category>
		<category><![CDATA[restaurant]]></category>
		<category><![CDATA[twist]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=5280</guid>

					<description><![CDATA[With a nod to classic comfort food, Hawthorne-based restaurant The Eureka! chain has just introduced recent menu items and beverages in any respect locations. &#8220;With the launch of the new menu, we are returning to our ethos as a restaurant group, focusing on classic comfort foods with a modern twist,&#8221; said Alexia Peters, a spokeswoman [&#8230;]]]></description>
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<p>With a nod to classic comfort food, Hawthorne-based <a href="https://www.ocregister.com/2024/05/30/cambodian-restaurant-week-highlights-long-beachs-vibrant-asian-food-scene/">restaurant</a> The Eureka! chain has just introduced recent menu items and <a href="https://www.dailybreeze.com/2017/11/30/3-winter-cocktails-you-can-make-at-home-for-the-holidays/">beverages</a> in any respect locations.</p>
<p>&#8220;With the launch of the new menu, we are returning to our ethos as a restaurant group, focusing on classic comfort foods with a modern twist,&#8221; said Alexia Peters, a spokeswoman for the chain, which has Bay Area locations in Concord, Mountain View, Berkeley, Santa Clara and Cupertino.</p>
<p>The recent items were introduced on May 23 and include appetizers like Dorito-crusted shishito peppers, topped with Tajin, Parmesan cheese, smoked bourbon honey and scallions, and served with an avocado-cilantro dressing for dipping.</p>
<p>&#8220;We thought we could bring back that nostalgia by covering it with Doritos. It&#39;s really crunchy,&#8221; she said. But watch out, because shishito peppers can vary in spiciness, so your bites can range from mild to spicy.</p>
<p>Nacho fans should try the Slow-Roasted Pulled Pork Nachos. They are served with a cheese mix, refried beans, chipotle and crema, in addition to jalapeños, Fresno chilies, onions, tomatoes and cilantro.</p>
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<div class="image-wrapper"><img decoding="async" alt="Hawthorne-based restaurant chain Eureka! just introduced new menu items..." class="lazyload size-article_inline" data-sizes="auto" src="https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-01.jpg?w=620" srcset="https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-01.jpg?w=620 620w,https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-01.jpg?w=780 780w,https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-01.jpg?w=810 810w,https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-01.jpg?w=1280 1280w,https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-01.jpg?w=1860 1860w"></p>
<p class="slide-caption">Hawthorne-based restaurant chain Eureka! just introduced recent menu items and drinks in all of its locations. (Photo courtesy of Eureka!)
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<div class="image-wrapper"><img decoding="async" alt="Hawthorne-based restaurant chain Eureka! just introduced new menu items..." class="lazyload size-article_inline" data-sizes="auto" src="https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-04.jpg?w=620" srcset="https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-04.jpg?w=620 620w,https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-04.jpg?w=780 780w,https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-04.jpg?w=810 810w,https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-04.jpg?w=1280 1280w,https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-04.jpg?w=1860 1860w"></p>
<p class="slide-caption">Hawthorne-based restaurant chain Eureka! just introduced recent menu items and drinks in all of its locations. (Photo courtesy of Eureka!)
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<div class="image-wrapper"><img decoding="async" alt="Hawthorne-based restaurant chain Eureka! just introduced new menu items..." class="lazyload size-article_inline" data-sizes="auto" src="https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-03.jpg?w=620" srcset="https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-03.jpg?w=620 620w,https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-03.jpg?w=780 780w,https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-03.jpg?w=810 810w,https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-03.jpg?w=1280 1280w,https://www.mercurynews.com/wp-content/uploads/2024/06/LDN-L-EUREKA-0607-2-03.jpg?w=1860 1860w"></p>
<p class="slide-caption">Hawthorne-based restaurant chain Eureka! just introduced recent menu items and drinks in all of its locations. (Photo courtesy of Eureka!)
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<p>&#8220;This is a really fun recipe. Our chefs thought about how to revive the memory of eating a pastrami sandwich with your grandfather,&#8221; Peters said.</p>
<p>The pastrami is served between a flour quesadilla, so it really tastes like cheese and has a rather spicy note.</p>
<p>New offerings also include drinks just like the bourbon-infused Campfire! It&#39;s made with Buffalo Trace Bourbon, Graham Cracker Syrup, Amaro Montenegro, cinnamon, chocolate bitters and garnished with a toasted marshmallow.</p>
<p>“It tastes like smores, but not like candy,” she said.</p>
<h4 class="">Here is the list of recent menu items at Eureka!</h4>
<p><strong>Appetizers</strong></p>
<p>Shishito peppers with Dorito crust</p>
<p>Fried cucumbers: The dish consists of Carolina cucumbers fried in buttermilk with garlic aioli</p>
<p>Slow Roasted Pulled Pork Nachos</p>
<p><strong>Appetizers</strong></p>
<p>Beer Dog: It is made with a beer sausage, goat cheese, caramelized whiskey onions, cider-braised cabbage, porter mustard and parmesan cheese.</p>
<p>NY Strip Steak: The 8-oz. cut is served with grilled broccolini with cashew pesto and caramelized shallots.</p>
<p>Slow Roasted Pulled Pork Sandwich: This sandwich is served with beer barbecue sausage.</p>
<p>Pastrami Quesadilla</p>
<p>Fried salmon</p>
<p>Roasted Veggie Tacos: The <a href="https://www.ocregister.com/2024/05/30/taco-bells-big-cheez-it-collaborations-are-nearly-here-find-out-how-to-get-them/">Taco</a> consist of carrots, pickled onions, avocado, coriander, bean spread, salsa verde, served with rocket salad</p>
<p><strong>Dessert</strong></p>
<p>Carrot Cake: The cake is served with Whistle Pig Bourbon maple whipped cream and candied pecans</p>
<p><strong>Cocktails</strong></p>
<p>Spa Day Margarita</p>
<p>Campfire!</p>
<p>Big Island Daiquiri</p>
<p>Pineapple Tequila Sour</p>
<p>Uncharted Forests: This drink accommodates Spring44 Gin, coconut, ginger, lime, pandan and BroVo Forest Liqueur</p>
<p>Strawberry Lychee Martini</p>
<p>Peach Buzz Sangria</p>
<p>For more information and locations, visit <a href="https://eurekarestaurantgroup.com/">eurekarestaurantgroup.com</a></p>
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<p><em>image credit : www.mercurynews.com</em></p>
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		<title>Expanding Asian American Studies Driven by Racist Attacks and Activism</title>
		<link>https://bloggingthree.soflytech.com/2024/05/expanding-asian-american-studies-driven-by-racist-attacks-and-activism/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Wed, 22 May 2024 06:45:11 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[activism]]></category>
		<category><![CDATA[American]]></category>
		<category><![CDATA[Asian]]></category>
		<category><![CDATA[attacks]]></category>
		<category><![CDATA[Driven]]></category>
		<category><![CDATA[expanding]]></category>
		<category><![CDATA[racist]]></category>
		<category><![CDATA[studies]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=4155</guid>

					<description><![CDATA[Asian American Studies has been a recognized field at American colleges and universities for greater than 50 years. But outside of California, students who wish to major or minor in it are often out of luck. However, the tide is starting to show. Duke University created a tutorial minor in Asian American Studies in 2022. [&#8230;]]]></description>
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<p>Asian American Studies has been a recognized field at American colleges and universities for greater than 50 years.  But outside of California, students who wish to major or minor in it are often out of luck.</p>
<p>However, the tide is starting to show. </p>
<p>Duke University <a href="https://www.dukechronicle.com/article/2022/02/duke-university-arts-sciences-council-asian-american-diaspora-studies-minor">created a tutorial minor in Asian American Studies</a> in 2022. Harvard University, <a href="https://www.thecrimson.com/article/2017/5/23/road-to-ethnic-studies/">criticized for a very long time</a> discontinued since it didn&#8217;t offer enough courses in ethnic studies <a href="https://www.thecrimson.com/article/2022/7/6/Erika-Lee-ethnic-studies-hire/">two everlasting teachers</a> Members of Asian American Studies for the past two years.</p>
<p>Vanderbilt University announced <a href="https://as.vanderbilt.edu/news/2023/01/18/vanderbilt-announces-new-program-in-asian-american-and-asian-diaspora-studies/">latest major and minor</a> in the sector in 2023. The same yr, Williams College <a href="https://www.diverseeducation.com/demographics/asian-american-pacific-islander/article/15304133/williams-college-faculty-approve-creation-of-asian-american-studies-concentration">began his concentration</a>just like a minor, and <a href="https://now.fordham.edu/colleges-and-schools/fordham-college-at-lincoln-center/asian-american-studies-minor-launches-at-fordham/">Fordham University</a> began his minor.</p>
<p>Amherst College, where <a href="https://scholar.google.com/citations?user=2Y0_sPsAAAAJ&#038;hl=en">I teach</a>, <a href="https://www.chronicle.com/article/in-a-step-forward-for-asian-american-studies-amherst-adds-a-major">recently created</a> a serious in Asian-American and Pacific Islander Studies starting in fall 2024. Amherst shall be the primary liberal arts college within the country with a dedicated major on this field.</p>
<p>Southern California <a href="https://idaas.pomona.edu/">Claremont Colleges</a> – Claremont McKenna, Harvey Mudd, Pitzer, Pomona and Scripps – have offered a typical major for 25 years.  Public high schools across the country have <a href="https://www.nbcnews.com/news/asian-america/schools-are-starting-mandate-asian-american-studies-follow-suit-rcna11118">also experience growth</a> in content about Asian Americans.</p>
<h2>Decades of lobbying</h2>
<p>These programs didn&#39;t get off the bottom overnight.  Students at these and other campuses have advocated for Asian American studies for years.  Student activists are collaborating all around the country <a href="https://www.dailytarheel.com/article/2023/09/university-asian-american-studies-professors-to-be-hired-2024">the South</a>, <a href="https://www.tuftsdaily.com/article/2023/04/asian-american-studies-deserves-better">the northeast</a>  And <a href="https://aapirc.unm.edu/about-us/vision-mission-history.html">the southwest</a> Continue to advocate for more courses and majors or minors on this area.</p>
<p>However, if student activism and college interest were enough to bring about curriculum change, Asian American studies and related fields would have appeared on campuses way back.  At Amherst, students had pushed for more attention to be paid to Asian American studies <a href="https://amherststudent.com/article/a-50-year-fight-for-belonging-the-history-of-a-p-a-studies-advocacy-at-amherst/">50 years</a>.</p>
<p>The recent commitment to teaching more courses and hiring everlasting faculty—versus visiting professors—is partly resulting from tragedy. The programs began to grow when attacks on Asian Americans, including the <a href="https://www.nytimes.com/live/2021/03/17/us/shooting-atlanta-acworth">2021 murders of spa employees</a> in Atlanta, <a href="https://doi.org/https://doi.org/10.1177%2F21533687221138963">increased through the COVID-19 pandemic</a>.  Former President Donald Trump&#39;s repeated reference to COVID-19 as &#8220;<a href="https://abcnews.go.com/Health/trumps-chinese-virus-tweet-helped-lead-rise-racist/story?id=76530148">Chinese virus</a>“added rhetorical fuel to racial hostility.</p>
<figure>
<p><iframe title="Asian American Studies in U.S. | Asian American Life" width="1170" height="658" src="https://www.youtube.com/embed/qCdWnAFr6v0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p><figcaption><span class="caption">Asian American Studies within the USA | Asian American Life.</span></figcaption></figure>
<h2>Fights against discrimination encourage latest programs</h2>
<p>Historically, ethnic studies programs emerged following protests against public discrimination. <a href="https://www.chronicle.com/article/the-beginnings-of-black-studies/?sra=true">Founding of Black</a>Native, Latino and Asian American Studies in California followed the Civil Rights Movement and <a href="https://doi.org/10.1057/s41276-023-00427-1">Protests of the Nineteen Sixties</a>.</p>
<p>The discriminatory attacks that increased through the pandemic inspired a <a href="https://doi.org/10.1177/21533687211054165">Rise in activism</a> amongst Asian American students.  They desired to embrace their heritage and reflect their very own history and experiences within the course offerings.  The attacks also made it clear to college administrators that, contrary to their stereotype as easy achievers, Asian Americans are having an experience <a href="https://www.pewresearch.org/2023/11/30/asian-americans-and-the-forever-foreigner-stereotype/">unique sort of discrimination</a> by which they&#8217;re “forever strangers”.  They deserve greater attention in the school curriculum. </p>
<p>As more schools join the list of faculties offering Asian American studies programs, the fabric included in Asian American studies can be expanding.  The most typical subjects within the Asian American program are cultural studies, literary studies, and other interdisciplinary areas of the humanities.  The field has also drawn on history and sociology, topics that similarly challenge popular views about which racial groups were in power and why.</p>
<p>One of an important topics in Asian American studies now includes critical race theory and criticism of it <a href="https://www.newworldencyclopedia.org/entry/American_Empire">The United States as an “empire.”</a>” and US militarization.</p>
<p>Asian American studies advocates may hold more political opinions resembling: <a href="https://aaastudies.org/advocacy-statements/statement-on-resolution-to-support-the-boycott-of-israeli-academic-institutions/">Support for Palestinians</a> and for <a href="https://aaastudies.org/advocacy-statements/supreme-court-affirmative-action-ruling/">positive motion</a> who share the perspectives present in these topics.  Given that Asian American studies began because of scholars within the Nineteen Sixties and Seventies <a href="https://aas.sfsu.edu/about%26from">activism</a>Political activism continues to be a central a part of this field.</p>
<p>However, the sector&#39;s roots within the humanities and humanistic social sciences have meant that other disciplines have been omitted. This too is changing. In the last two years, for instance, the Association for Asian American Studies, the sector&#39;s largest skilled association, <a href="https://aaastudies.org/conference/2023-aaas-program/">emphasized the necessity for greater attention</a> to review Asian America in social sciences resembling political science, anthropology, economics, and psychology.  In April 2024 <a href="https://aaastudies.org/conference/tenure-track-faculty-symposium/">symposium</a>the organization connected faculty from psychology, education, political science and other disciplines with the department and vice versa. A mentoring program for these faculty was also provided.</p>
<p>The department will likely proceed to expand its scope of presentation because it expands across campus.  A more comprehensive take a look at the experiences of Asian Americans can result in a greater understanding of the recent circumstances which have led to a rise within the variety of programs on campus.  For example, understanding the rise in violence against Asian Americans requires knowledge of U.S. wars in Asia and their connection to the social psychology of individual Americans.</p>
<p>More than 50 years ago, Asian American studies were virtually unheard of.  In one other 50 years, programs that similarly mix subjects from multiple disciplines could change into mainstream.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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		<title>Walgreens helps bring cell and gene therapies to patients by expanding specialty pharmacy services</title>
		<link>https://bloggingthree.soflytech.com/2024/04/walgreens-helps-bring-cell-and-gene-therapies-to-patients-by-expanding-specialty-pharmacy-services/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Thu, 25 Apr 2024 07:02:34 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[bring]]></category>
		<category><![CDATA[cell]]></category>
		<category><![CDATA[expanding]]></category>
		<category><![CDATA[gene]]></category>
		<category><![CDATA[helping]]></category>
		<category><![CDATA[Patients]]></category>
		<category><![CDATA[pharmacy]]></category>
		<category><![CDATA[services]]></category>
		<category><![CDATA[specialty]]></category>
		<category><![CDATA[therapies]]></category>
		<category><![CDATA[Walgreens]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=1536</guid>

					<description><![CDATA[Walgreens announced Thursday that it would work directly with drugmakers to bring cell and gene therapies to U.S. patients as a part of a broader expansion Services of a specialty pharmacy. The company announced that it&#8217;s establishing a brand new business unit for its specialty pharmacy segment, which can include a specialty pharmacy subsidiary AllianceRx. [&#8230;]]]></description>
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<div id="RegularArticle-ArticleBody-5" data-module="ArticleBody" data-test="articleBody-2" data-analytics="RegularArticle-articleBody-5-2"><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Walgreens<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span><strong> </strong>announced Thursday that it would work directly with drugmakers to bring cell and gene therapies to U.S. patients as a part of a broader expansion <a href="https://www.walgreens.com/topic/pharmacy/specialty-pharmacy.jsp#how_it_works" target="_blank" rel="noopener">Services of a specialty pharmacy</a>.</p>
<p>The company announced that it&#8217;s establishing a brand new business unit for its specialty pharmacy segment, which can include a specialty pharmacy subsidiary <a href="https://www.alliancerxwp.com/" target="_blank" rel="noopener">AllianceRx</a>.<strong> </strong>The unit will likely be a part of the core business of the US pharmacy retail division.  In the meantime, <a href="https://shieldshealthsolutions.com/shields-health-solutions-and-sharp-healthcare-partner-to-enhance-specialty-pharmacy-services/" target="_blank" rel="noopener">Shields Health Solutions</a>a subsidiary that supports specialty pharmacies owned by the health system will remain under Walgreens&#39; U.S. health care division. </p>
<p>Specialty pharmacies have turn into a significant player within the U.S. healthcare system, particularly in terms of chronic diseases <a href="https://news.un.org/en/story/2023/05/1136832" target="_blank" rel="noopener">turn into more common</a>.</p>
<p>Specialty pharmacies offer medications that require extreme care in handling, storage, and distribution.  Treatments are sometimes geared toward patients with chronic, rare or complex diseases equivalent to cancer, Crohn&#39;s disease and HIV.  Specialty pharmacies also offer counseling or financial assistance to assist patients with these costly treatments.</p>
<p>The company&#39;s latest investments to &#8220;transform&#8221; its specialty pharmacy services include the opening of a newly licensed facility in Pittsburgh specializing in cell and gene therapy services.  The 18,000 square meter center will help drug manufacturers and healthcare providers, amongst others, navigate the complex supply chain for these treatments and manage patient needs.</p>
</div>
<div class="group">
<p>Walgreens&#39; decision to launch cell and gene therapy services comes after a surge in approvals of those drugs within the U.S. and European Union last 12 months.  They are <a href="https://phrma.org/policy-issues/Research-and-Development/Cell-and-Gene-Therapies#:~:text=Cell%20and%20gene%20therapies%20have,two%20FDA%2Dapproved%20gene%20therapies." target="_blank" rel="noopener">one-off, cost-intensive treatments</a> that focus on a patient&#39;s genetic source or cell to cure or significantly alter the course of a disease.  Some health experts expect cell and gene therapies to switch the normal lifelong treatments that individuals use to treat chronic diseases. </p>
<p>The US Food and Drug Administration (FDA) approved seven cell and gene therapies last 12 months, including the primary gene therapies to treat sickle cell disease.  This market is just expected to grow: the FDA has done so <a href="https://www.fda.gov/news-events/press-announcements/statement-fda-commissioner-scott-gottlieb-md-and-peter-marks-md-phd-director-center-biologics" target="_blank" rel="noopener">predicted</a> that it would review and approve between 10 and 20 cell and gene therapies yearly by 2025. </p>
<p>Walgreens said its newly formed unit can be the most important independent provider of specialty pharmacy services, with sales of about $24 billion within the segment.  The Walgreens Specialty Pharmacy store isn&#8217;t affiliated with a pharmacy profit manager.<strong> </strong>the corporate noted. </p>
<p>That gives the corporate “the flexibility to dynamically contract with any payer,” Walgreens Chief Pharmacy Officer Rick Gates said in the discharge.  “We can work directly with pharmaceutical manufacturers to facilitate the launch of products, including drugs with limited distribution, and coordinate closely with providers to ensure patients experience a smooth start to treatment.” </p>
<p>Under the brand new entity, patients at AllianceRx and the corporate&#39;s nearly 300 community-based pharmacies will now have access to resources that &#8220;build on the expert care they already receive from their specialty pharmacist,&#8221; Walgreens said in the discharge.  These include clinicians with key disease expertise, nutritionists and nurses.</p>
<p>The company said they&#8217;re community-based specialty pharmacies<strong> </strong>are positioned near medical office buildings and health systems and offer specialty medications “faster than industry average” in addition to services equivalent to injection training and side effect management. </p>
<p>Walgreens said that was the case<strong> </strong>greater than 1,500 specialty pharmacists, 5,000 patient support team members, and an unspecified variety of dedicated specialty pharmacy teams.</p>
<p>In addition, the corporate offers greater than 1,300 specialty medicines, including 240 “limited distribution” medicines to which only a couple of specialty pharmacies have access.</p>
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		<title>China&#039;s emerging electric vehicle industry is expanding into the world.  Why this worries Tesla and other automakers</title>
		<link>https://bloggingthree.soflytech.com/2024/04/chinas-emerging-electric-vehicle-industry-is-expanding-into-the-world-why-this-worries-tesla-and-other-automakers/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Mon, 22 Apr 2024 19:19:41 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[automakers]]></category>
		<category><![CDATA[China39s]]></category>
		<category><![CDATA[electric]]></category>
		<category><![CDATA[emerging]]></category>
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		<category><![CDATA[World]]></category>
		<category><![CDATA[worries]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=1260</guid>

					<description><![CDATA[By Stephanie Yang, Los Angeles Times TAIPEI, Taiwan &#8211; The rivalry between the United States and China has a brand new flashpoint within the battle for technological supremacy: electric cars. So far the US is losing. China became the world&#39;s top automobile exporter last 12 months, overtaking Japan with greater than 5 million overseas sales, [&#8230;]]]></description>
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<p class="krtByline"><strong>By Stephanie Yang, Los Angeles Times</strong></p>
<p class="krtText">TAIPEI, Taiwan &#8211; The rivalry between the United States and China has a brand new flashpoint within the battle for technological supremacy: electric cars.</p>
<p class="krtText">So far the US is losing.</p>
<p class="krtText">China became the world&#39;s top automobile exporter last 12 months, overtaking Japan with greater than 5 million overseas sales, based on the China Passenger Car Association.  About 25% of those exports were recent energy vehicles, and greater than half of them were manufactured by Chinese brands, marking a departure from China&#39;s traditional assembly role for foreign automakers.</p>
<p class="krtText">“The big growth has happened in the last three years,” said Stephen Dyer, head of the Asia automotive and industrial practice at AlixPartners, a consulting firm.  “With Chinese automakers capturing most of the market share, this is a big challenge for foreign automakers.”</p>
<figure id="attachment_10448856" class="wp-caption alignnone size-article_inline"><img decoding="async" class=" lazyautosizes lazyload" alt="A BYD car is seen on a display stand during the first day of the British Motor Show at the Farnborough International Exhibition Center on August 17, 2023 in Farnborough, England.  BYD, or "Build Your Dreams", is the automotive subsidiary of the publicly listed Chinese multinational manufacturer BYD Company, headquartered in Xi'an, Shaanxi Province, China. The UK's premier family-friendly automotive extravaganza is back with its annual showcase, featuring supercar parades, stunt shows, live auctions, expert advice on sustainable motoring options, and giving speed enthusiasts the chance to test drive the latest models. (Leon Neal/Getty Images/TNS" width="3000" data-sizes="auto" src="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/04/BIZ-AUTO-USCHINA-EV-INDUSTRY-1-GET.jpg?fit=620%2C9999px&#038;ssl=1" data-attachment-id="10448856" srcset="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/04/BIZ-AUTO-USCHINA-EV-INDUSTRY-1-GET.jpg?fit=620%2C9999px&#038;ssl=1 620w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/04/BIZ-AUTO-USCHINA-EV-INDUSTRY-1-GET.jpg?fit=780%2C9999px&#038;ssl=1 780w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/04/BIZ-AUTO-USCHINA-EV-INDUSTRY-1-GET.jpg?fit=810%2C9999px&#038;ssl=1 810w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/04/BIZ-AUTO-USCHINA-EV-INDUSTRY-1-GET.jpg?fit=1280%2C9999px&#038;ssl=1 1280w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/04/BIZ-AUTO-USCHINA-EV-INDUSTRY-1-GET.jpg?fit=1860%2C9999px&#038;ssl=1 1860w"><figcaption class="wp-caption-text">A BYD automobile is seen on a display stand through the first day of the British Motor Show on the Farnborough International Exhibition Center on August 17, 2023 in Farnborough, England.  BYD, or “Build Your Dreams,” is the automotive subsidiary of listed Chinese multinational manufacturer BYD Company, headquartered in Xi&#39;an, Shaanxi Province, China.  The UK&#39;s leading family-friendly motoring spectacle is back with its annual showcase, which features supercar parades, stunt shows, live auctions, expert advice on sustainable automobile options and provides speed enthusiasts the prospect to check drive the newest models.  (Leon Neal/Getty Images/TNS) </figcaption></figure>
<p class="krtText">China&#39;s rapid expansion at home and abroad has fueled a series of disputes between the U.S. and China over trade and advanced technology as competition between the 2 superpowers increases.</p>
<p class="krtText">The US has lofty goals for expanding its own electric vehicle industry.  California, which accounted for 37% of nationwide electric automobile sales in 2022, is aiming for this <a href="https://www.latimes.com/business/story/2022-08-25/california-ban-gasoline-mandate-zero-emission-2035">Phase out purchases </a>Number of latest cars that can run on fossil fuels by 2035.</p>
<p class="krtText">Concerns about oversupply in China got here as an overall decline in sales hit electric vehicle makers.  Tesla announced on Monday that this might be the case <a href="https://www.latimes.com/environment/story/2024-04-16/the-ev-market-is-in-trouble-the-latest-sign-is-teslas-layoffs">greater than 10% laid off </a>its workforce to scale back costs and increase productivity.</p>
<p class="krtText">In the corporate&#39;s last earnings report in January, CEO Elon Musk warned concerning the competitiveness of Chinese brands.  BYD, China&#39;s largest electric vehicle maker, surpassed Tesla in automobile sales last 12 months.</p>
<p class="krtText">“If there are no trade barriers, they will essentially destroy most other automakers in the world,” Musk said.</p>
<p class="krtText">This 12 months, California-based Fisker Inc., an electrical vehicle startup, cut 15% of its workforce, delisted its stock and said it&#8217;d file for bankruptcy.  Apple also recently announced that it will end its long-held ambitions to develop a self-driving electric vehicle.</p>
<p class="krtText">One area where Chinese automakers clearly beat Western rivals is price, due to government subsidies that supported the industry&#39;s initial rise, in addition to low cost access to critical minerals and components like lithium-ion batteries, which account for a few third of the overall price make up production costs.</p>
<p class="krtText">“These ingredients were always there,” said Cory Combs, deputy director of China energy policy at consultancy Trivium China.  “It was a magical moment when these things came together.”</p>
<p class="krtText">This enabled the success of BYD, which began producing lithium-ion batteries in 1996 and cars in 2005.</p>
<p class="krtText">In March, BYD cut the value of its most cost-effective electric vehicle model in China to under $10,000.  According to Kelley Blue Book, the common retail price for electric vehicles within the U.S. is $55,343, in comparison with $48,247 for all vehicles.</p>
<p class="krtText">While price wars have forced Chinese automakers to squeeze their profit margins at home, they&#8217;ll charge higher prices in overseas markets, providing further incentive for exports as growth at home has slowed.  According to research firm Gavekal Dragonomics, demand in China has cooled on account of the lifting of tax breaks and increased use of public transport following the pandemic.</p>
<p class="krtText">“There&#39;s a lot of pressure, especially if you&#39;re a smaller player, to find a market that&#39;s less competitive,” Combs said.  “And every market is less competitive than China’s.”</p>
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<p class="krtText">Although 27.5% tariffs have effectively shut Chinese electric vehicles out of the U.S. market, fears have spread that the cheaper models could ultimately undermine American automakers.</p>
<p class="krtText">The Alliance of American Manufacturing warned in a February report that allowing Chinese electric vehicles into the country can be an &#8220;extinction event&#8221; for the U.S. auto industry.  The group also cited the chance of Chinese auto firms constructing facilities across the border in Mexico that would avoid the tariffs.</p>
<p class="krtText">After a visit to China in April, Treasury Secretary Janet L. Yellen raised concerns about government-funded overcapacity in Chinese production of electrical vehicles, batteries and solar panels.  She noted that other advanced and emerging markets shared those concerns, comparing the oversupply to a flood of low cost Chinese steel that swept the worldwide economy greater than a decade ago.</p>
<p class="krtText">“If the global market is flooded with artificially cheap Chinese products, the viability of American and other foreign companies will be called into question,” Yellen said.</p>
<p class="krtText">The European Union has launched an investigation into government subsidies to China&#39;s electric vehicle industry and whether that support violates international trade laws.</p>
<p class="krtText">China&#39;s state news agency dismissed claims of overcapacity in an April article that said exports accounted for 12% of China&#39;s electric vehicle sales last 12 months.  She attributed the industry&#39;s success to competitive prices and technology relatively than government subsidies.</p>
<p class="krtText">After meeting with German Chancellor Olaf Scholz in April, Chinese President Xi Jinping condemned protectionism in other countries and said Chinese exports of electrical vehicles had helped reduce global inflation and combat climate change.</p>
<p class="krtText">How the U.S. deals with China&#39;s increasing dominance in electric vehicles has already develop into a hot topic for November&#39;s presidential election.</p>
<p class="krtText">President Biden has encouraged domestic expansion with the passage of the Inflation Reduction Act, which provides electric vehicle tax credits for U.S. manufacturers, but not in the event that they source minerals and materials from &#8220;foreign companies of concern&#8221; reminiscent of China.  Meanwhile, presumptive Republican nominee Donald Trump has claimed that electric automobile manufacturing will eliminate automotive jobs and called for a rollback of electrical vehicle-friendly policies introduced during Biden&#39;s term.</p>
<p class="krtText">Politicians from each parties have proposed even tougher tariffs on Chinese-made electric vehicles if they fight to enter the U.S. market, prioritizing protecting U.S. jobs over goals to scale back carbon emissions.</p>
<p class="krtText">“This makes it even more important for Chinese companies to set up local assembly operations to minimize these costs,” said Gregor Sebastian, senior analyst at New York consulting firm Rhodium Group.  “Many companies are taking a wait-and-see approach.”</p>
<p class="krtText">Even without Chinese automobile imports, the technology within the vehicles has unnerved U.S. officials.  In March, Biden announced an investigation into Chinese-made &#8220;smart cars&#8221; and the info the internet-connected vehicles could collect on American users.  Collaboration between U.S. firms and CATL, the Chinese battery giant, has also come under greater scrutiny as tensions between the 2 countries have escalated.</p>
<p class="krtText">But China has spent many years cementing its status as a world leader in sourcing minerals and developing critical technologies like electric vehicle batteries, while the United States has fallen behind.  This will now make it harder for Western automakers to completely exclude Chinese suppliers, said Tu Le, founder and chief executive of Sino Auto Insights, a consulting firm.</p>
<p class="krtText">“If automakers want to build affordable clean energy vehicles this decade, using Chinese batteries is the only way,” Le said.</p>
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<p class="krtText">©2024 Los Angeles Times.  Visit at <a href="https://www.latimes.com/">latimes.com</a>.  Distributed by Tribune Content Agency, LLC.</p>
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<p><em>image credit : www.mercurynews.com</em></p>
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		<title>The tech titan is expanding its real estate shopping spree to secure locations within the Bay Area</title>
		<link>https://bloggingthree.soflytech.com/2024/04/the-tech-titan-is-expanding-its-real-estate-shopping-spree-to-secure-locations-within-the-bay-area/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 16 Apr 2024 08:23:29 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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					<description><![CDATA[SUNNYVALE — A tech titan has expanded his Bay Area real estate shopping spree with the acquisition of a nondescript constructing within the South Bay, a spending spree that now totals well over 1 / 4 billion dollars. Applied Materials paid $15 million to buy an industrial and warehouse constructing in Sunnyvale, in accordance with [&#8230;]]]></description>
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<p>SUNNYVALE — A tech titan has expanded his Bay Area real estate shopping spree with the acquisition of a nondescript constructing within the South Bay, a spending spree that now totals well over 1 / 4 billion dollars.</p>
<p>Applied Materials paid $15 million to buy an industrial and warehouse constructing in Sunnyvale, in accordance with documents filed April 9 with the Santa Clara County Recorder&#39;s Office.</p>
<p>The constructing is situated at 222 Commercial Street and has a complete area of ​​24,000 square feet, in accordance with industrial real estate listing service Loopnet.</p>
<p>Santa Clara-based Applied Materials has acquired quite a few properties in Sunnyvale in recent times.</p>
<p>The semiconductor equipment maker&#39;s real estate purchases in town are all relatively near the corporate&#39;s headquarters on Bowers Avenue in Santa Clara.</p>
<p>Including probably the most recent acquisition, Applied Materials paid $296.4 million to buy a lot of properties in Sunnyvale.</p>
<p>The maker of semiconductor and display manufacturing equipment has also resorted to subleases to expand its footprint in its hometown of Santa Clara.</p>
<p>Applied Materials has acquired 246,000 square feet of space from Aruba Networks at 3333 Scott Blvd.  sublet and your entire office constructing was taken over.  The company also has 122,000 square feet at 3325 Scott Blvd.  sublet.  from Palo Alto Networks.</p>
<p>Applied Materials&#39; seek for Sunnyvale real estate began in August 2018 with the acquisition of a constructing at 928 East Arques Ave.</p>
<p>The deals are a reminder that the businesses that make up Silicon Valley&#39;s economy never advance in lockstep.</p>
<p>The largest single deal in Applied&#39;s Sunnyvale purchasing effort got here in 2019, when the corporate paid $100.9 million for a technology campus with large office buildings leased to Apple at addresses between 1050 and 1090 East Arques.</p>
<p>Further property purchases could also be planned, in accordance with district documents.</p>
<p>The Sunnyvale property purchases could help bolster a large latest technology complex that Applied Materials is planning.</p>
<p>The future applied materials complex is often called a middle for equipment and process innovation and commercialization.</p>
<p><iframe src="https://embed.bloom.li/article/map?zoom=far&#038;post_key=C8GK22745RlC0DyzWTjA" title="Story map" style="display:block;border:none;visibility:visible;width:100% !important;height:300px;"></iframe></div>
<p><em>image credit : www.mercurynews.com</em></p>
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