The Best Markets For Residential Property Investors 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. According to a recent report, delinquency and foreclosure have recorded a decline. CoreLogic’s monthly Loan Performance Insights Report revealed that as of November 2018, 4.1 percent of mortgages were in some stage of delinquency, a 1.1 percentage point decline in the overall delinquency rate compared with November 2017, when it was 5.2 percent.Meanwhile, the foreclosure rate was 0.4 percent, down 0.2 percentage points from November 2017. The transition rate or share of mortgages that transitioned from current to 30 days past due fell as well, down by one percent to 0.9 percent year over year as of November 2018.The rate for early-stage delinquencies, loans 30 to 59 days past due, was two percent in November 2018, down from 2.2 percent in November 2017. The share of mortgages that were 60 to 89 days past due in November 2018 was 0.7 percent, down from 0.9 percent in November 2017.“Solid income growth, a record amount of home equity and an absence of high-risk loan products put the U.S. homeowner on solid ground,” said Dr. Frank Nothaft, Chief Economist at CoreLogic. “All of this has helped push delinquency and foreclosure rates to the lowest levels in almost two decades, and will provide a cushion if the housing market should turn down.”Nothaft notes that while the overall delinquency rate has fallen on a year-over-year basis for the past 11 consecutive months, some areas are still struggling to recover following recent natural disasters. Several metropolitan areas in North Carolina are still struggling from Hurricane Florence, with seven metropolitan areas experiencing an increase in their serious delinquency rates, with the largest gains occurring in the Wilmington and New Bern metropolitan areas.“On a national basis, we continue to see strong loan performance,” said Frank Martell, President and CEO of CoreLogic. “Areas that were impacted by hurricanes or wildfires in 2018 are now seeing relatively large annual gains in the share of mortgages moving into 30-day delinquency. As with previous disasters, this is to be expected and we will see the impacts dissipate over time.”Read the full report here. in Daily Dose, Featured, Market Studies, News CoreLogic data default Foreclosure 2019-03-12 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / The Cities Still Struggling With Delinquent Mortgages Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: CoreLogic data default Foreclosure The Cities Still Struggling With Delinquent Mortgages Demand Propels Home Prices Upward 2 days ago Print This Post Sign up for DS News Daily Previous: Homeownership May Be More Affordable Than We Thought Next: Here Are the Top Small Towns To Live In Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Seth Welborn Related Articles Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago March 12, 2019 1,476 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribe
BILL NEAL :10 Now listen to me Pittsburgh. I don’t ask much of you but I really need you on this one. I need everybody to put their collective prayers together for your friend and mine Eddie “E.J.” Jefferies. The best of the best good guys, former Pittsburgh Courier sports editor and the all time leader in wins in the Connie Hawkins Summer Basketball League as a coach. Get well soon E.J. we’re pulling for ya… “South of the border down Mexico way!!” :09 Speaking of the Connie Hawkins League, let’s not forget that from 1975 to 1990 the league was ranked by the Atlanta Constitution and Coach Al McGuire, (former legendary coach at Marquette) and his classic summer basketball league book “Heat in the Street” as one of the Top 10 Leagues in the nation. And no wonder when the league featured some of the world’s all time greatest players. Back in the day you would come to the Homewood YMCA or East Hills Park and see “The Hawk” himself, Kenny Durrett, Jeep Kelly, Armon Gilliam, Norm Nixon, Charles Smith, Sam Clancy, Ron Brown, John Marshall, Ron Carter and an endless list of world class stars. And don’t forget spectators included a who’s who of legendary names including Julius Dr. J. Erving, L.C. Greenwood, Blair Underwood, and Lamon Rucker just to name a few. Man those were the days!:08 Hold up…wait a minute…all this to say the 2nd Annual Connie Hawkins League Reunion will be held Sept. 8 at the Fox Chapel Yacht Club as a part of the Champions and Five Starr Corporation End of Summer “White Par-Tay.” This reunion is in memory of all our fallen legends: Armon Gilliam, Maurice Lucas, Jeep Kelly, Kenny Durrett and others. All ex-players and coaches from the league get in at 1/2 price with I.D. (And don’t try to front I know if you played or not!):07 Somebody asked…no not somebody, it was Karl Parker and the Giant Eagle crew…why I haven’’t mentioned Archie McGill, the former Schenley High great. Alright here ya go. Archie McGill is one of the greatest City League players of all time. He stands shoulder to shoulder with that Great Spartan State Championship Team…Kenny Durrett, Petey Gibson, Munter Brundridge, Jimmy Prince, HotRod and McGill. (Someone correct me if I am wrong…you know it doesn’t happen often Bill Neal at Overtime 412-628-4856).:06 City League Basketball, the history is second to none…mmaannn ya gotta love it!!!:05 Shout out’s to: The New Ozanam Basketball League for another successful summer in helping our kids be the best they can be under the direction of Curtis Cureton and Darelle Porter and the assistance of Coach Karen Hall and others. Don’t worry Karl Kohlman, the Guru of Pittsburgh Youth Summer Basketball, your legend continues in great hands.My long time main man, former college roommate and ex-great Gateway Gator running back Rob Chambers and Robbie’s Old School Southern Style Rib Joint out on Ardmore Blvd. Stop…Look…Listen (aka the Stylistics), put the newspaper down and go get them ribs right now. I am telling you and you know I tell you right. And you ain’t gonna believe the sauce.:04 Speaking of me telling ya right I told ya about Cam Newton didn’t I! “They” don’t know what “they’re” talking about and Plaxico and Pryor are coming next.:03 Can someone please tell me how Merrill Hodge, the former average Steelers running back, can tell…not suggest…but tell Tim Tebow that he will never be a NFL quarterback. Hodge you got some nerve and you need to spend more of your time learning how to wear a tie. C’mon man ain’t nobody wearing them 1932 Big Tie Knots!!:02 Here’s Your Final Word Top1. Uggla, your hitting streak for the Braves ends at 33 games. Nice run but now you know 56 games ain’t easy.2. The Uganda Little League baseball team got robbed by the U.S. State Department—Go online people, read the story.3. Cam Newton, Curt McCoy, Tim Tebow…those are champion names man. They can’t fail.4. Steelers lose the opener…it’s just pre season Peggy, just relax.5. I’ll take Dieon Sanders right now over our D-Backs and he hasn’t played in 5 years.:01 Get ready for the next Champion Enterprise/Five Starr Corporation event on Labor Day Monday, Sept. 5.—The 36th Annual Champions Mixed Doubles Celebrity Tennis Tournament at the Highland Park courts, lower level, open to all talent levels, huge trophies, $10 registration, Donna Bey, director. Call to register now at 412-628-4856.(Players Note: We wait on the rain!)“DOUBLE OVERTIME”:00 Here’s the short story, long story to come. The Champions/Five Starr Corporation White Par-Tay brought to you by the Soul Pitt and Brotha Ash Productions, All White Dress, 6-8 p.m., Happy Hour Reception, Par-Tay 8 p.m.-until. Cash bar, cash kitchen, (meet the Fabulous Diamond Models, D.J. EZ-E the Old School D.J., and if you don’t know now you know EZ-E is the baddest man in the land!! All these on the waterfront and you know the celebrities will be there. They always are…“We Are Champions.”~ Game Over ~
Wake Forest’s Codi Miller-McIntyre (0) drives between Pittsburgh’s Michael Young (2) and Cameron Wright (3) during the first half of a second round NCAA college basketball game at the Atlantic Coast Conference tournament in Greensboro, N.C., Thursday, March 13, 2014. (AP Photo/Bob Leverone)GREENSBORO, N.C.–Pitt guard Cameron Wright (Cleveland, Ohio/Benedictine H.S.) has been named the recipient of the 2014 Skip Prosser Award, emblematic of the top scholar-athlete in men’s basketball, ACC Commissioner John Swofford announced March 13. Wright wasl presented with the award prior to Pitt’s first-ever ACC Tournament game against Wake Forest at the Greensboro Coliseum.The junior business-marketing major from Cleveland, Ohio, gives Pitt a recipient of the prestigious award in its inaugural season in the ACC. The award was created in 2007 to honor the memory of George Edward “Skip” Prosser, who compiled a 291-146 career record in 14 seasons as a head coach, including a 126-68 mark in his six years with Wake Forest. The 2003 ACC Coach of the Year, Prosser won 20-plus games and led the Demon Deacons to the NCAA Tournament in each of his first four seasons in Winston-Salem. Every Wake Forest senior he coached graduated, and the Deacons placed nine players on the annual All-ACC Academic Basketball Team during his tenure.In order to be nominated for the award, a student-athlete must be an upperclassman with a grade-point average of 3.0 or better – both in his career and in the previous two semesters. Sixty percent of the award is based on academic achievement and 40 percent on athletic accomplishments.Recently named to the All-ACC Men’s Basketball Academic Team, Wright is a four-time recipient of the University of Pittsburgh’s Scholar-Athlete Award, and a two-time recipient of the school’s Academic Excellence Award. He is also a past winner of the University of Pittsburgh-Jaron Brown Pursuit of Excellence Award and was selected to the Big East All-Academic team on three occasions.Wright has played a key role in the Panthers’ 23-8 season that included 11 ACC regular-season wins. While starting all 31 games this season, Wright has averaged 10.8 points while shooting just over 47 percent from the floor. He has also pulled down 3.4 rebounds per game and ranks third on the team in assists with 2.7 per game. He has reached double figure scoring in 18 games.Wright is Pitt’s fourth all-time conference scholar-athlete award winner in men’s basketball. Other award winners include Joey David (1984-85), Darren Morningstar (1991-92) and Aaron Gray (2006-07). He is the second player to earn a men’s basketball top scholar-athlete award since Jamie Dixon became head coach in 2003. Earlier this year, it was announced that Pitt led the league with four All-ACC Academic Team selections.Clemson guard Cliff Hammonds (2008), Miami guard Jack McClinton (2009), Virginia center Jerome Meyinsse (2010) and North Carolina center Tyler Zeller (2011 and 2012) and Duke’s Mason Plumlee (2013) are past Skip Prosser Award recipients.
Fortuna >> In the first of our two-part series covering the accomplishments of Fortuna’s North Coast Section champion high jumpers in Katie Hurst and Jevin Kitchen, we profile Katie Hurst — a sophomore with a ton of talent that is among the elite jumpers in the state, making her one to watch as she aims for a state championship this weekend.Rise to the topWhile most of the state’s top-flight track and field athletes begin their careers no later than middle school, Fortuna Huskies jumper Katie …
SharePrint Related Editor’s Note: Martin Pedersen was the focus of a Geocaching.com video, “Geocaching Diet” in mid-2010. He succeeded in losing more than 30 pounds. But Martin will tell you losing 30 pounds still leaves him with a sense that he hasn’t fully succeeded. His weight loss goal was much loftier. The author of the blog FamilyNavigation.com hoped to lose 100 pounds. We still think his geocaching diet was a success. Martin leads a healthier and more active lifestyle today and he’s kept the weight off. Here is Martin’s story, in his own words. Martin Pedersen, pictured here with his family, spent a year on a geocaching diet. Last year my New Year’s Resolution was to get into shape and lose weight. On January 1st I had no idea how I would do it. A fad diet and a gym membership were not going to work for me and two weeks into January I still did not know how I was going to keep my resolution. There had to be a way I could add enjoyable daily exercise into my busy routine. I wanted to pick an activity that I would crave to do each day and was more enjoyable than the passive activities I had been wasting my time with. Still confused I did what I normally do when I have important things to think about; I went for a hike. The combination of nature, fresh air, and exercise always lifts my spirits and allows me to think clearly.Martin geocaching in British Columbia, CanadaI quickly threw the essentials into my backpack which includes water, notebook, pen, and a GPS receiver. The first three items had been part of my hiking pack for as long as I could remember but the GPSr was a new addition. I had been introduced to geocaching a number of months prior and I was slowly getting obsessed. Even though I was going on a hike to come up with ideas, there was no reason why I couldn’t find a few geocaches along the way.My wife was introduced to geocaching from a friend and when she told me about it she knew that it would be something I would really get into. I love to play outside, I am a true explorer at heart, I enjoy challenges, and I like activities I can quantify. Imagine if I could build an exercise routine around hiking and geocaching.On that most enjoyable geocaching hike I did imagine it and as soon as I got back I went to work to figure out if I could possibly fit regular geocaching into my schedule. After an evening worth of research I explained the concept of a geocaching exercise challenge to my wife. The plan was to find 1000 geocaches in one year while hiking 2500kms and trying to lose as much weight as possible, hopefully up to 100lbs. She always amazes me with the enthusiasm she greets my crazy ideas. Three days later I started the Geocache Diet.I have gone hiking almost every day for 11 months and in that time I have found nearly 900 geocaches while walking the equivalent distance to get from Canada to Mexico (taking the scenic route of course). I have hiked through beautiful forests, past waterfalls, alpine lakes and beaches. I have walked back-country roads, urban streets, bicycle paths, plus a fair bit of bushwhacking.Many of the caches I have found had parking right next to them but instead of simply driving from location to location I would always link a few together on a circle walk through town. My family likes caching and they joined me on as many outings as we could manage but a lot of the time I was alone. I have found caches in all types of weather including pouring rain, wind storms, and in the snow. I have not lost as much weight as I would have liked but I have been rewarded with the benefits of regular exercise. This challenge has succeeded in getting me outside to work up a sweat daily where other attempts have failed. The main reason that this challenge worked was that it was just too much fun. Geocaching is such an enjoyable, inexpensive, accessible, and inclusive activity which everyone can do and that makes it a perfect complement to regular exercise.Martin geocaching with his familyThe hardest part of doing any exercise challenge is making the time commitment. Before starting this challenge I looked at my schedule and wrote down everything I needed to do each week (like work, family time, and sleep).I found that, even though I am a busy person, by cutting out activities like watching TV I had enough time to complete this challenge. I did not cut out anything that I enjoyed doing more than hiking and geocaching and I definitely have not cut into family time. My year is almost up but I still have so many trails to hike, so many caches to find, and so many places to discover. I will just have to continue to include geocaching into a healthy lifestyle and to reach my ideal weight and fitness level.Share with your Friends:More Geocaching DietBy: Martin Pedersen
Toronto Raptors guard Jeremy Lin (17)gets fouled on his way to the hoop by New York Knicks centre Mitchell Robinson (26) during first half NBA basketball action in Toronto, Monday, March 18, 2019. (Frank Gunn/The Canadian Press via AP)TORONTO — The Toronto Raptors will likely have to wait a little longer to get their entire lineup healthy at the same time.Jeremy Lin scored 20 points, Fred VanVleet had 13 points and 12 assists for his first career double-double, and the Raptors beat the New York Knicks 128-92 on Monday night.ADVERTISEMENT SEA Games hosting troubles anger Duterte Colombia protesters vow new strike after talks hit snag MOST READ Miguel Romero Polo: Bamboo technology like no other “I watched the clip,” Lowry said. “I think it was a little bit dirty. He grabbed me and pulled me down. I don’t think he did it on purpose. I know he didn’t think he was going to hurt me.”Robinson, who fouled out with no points in 14 minutes, did not speak to reporters.Marc Gasol had 12 points and 11 rebounds, Pascal Siakam scored 19 points and OG Anonoby had 14 as Toronto reached 50 wins for the fourth straight season.Allonzo Trier scored 22 points and Kevin Knox had 12 as the Knicks lost big one day after Mario Hezona’s last-second block gave them a 124-123 home win over LeBron James and the Los Angeles Lakers. New York, which has the worst record in the NBA at 14-57, lost for the ninth time in 10 games.“Toronto is going to be in that mix at the end,” Knicks coach David Fizdale said. “They’ve got all the ingredients to go after this thing. We took one on the chin tonight.”ADVERTISEMENT Don’t miss out on the latest news and information. Trump tells impeachment jokes at annual turkey pardon event With the Raptors playing the second game of a back-to-back, forward Kawhi Leonard was given the night off to rest. Leonard scored 33 points in Sunday’s loss at Detroit. VanVleet, who returned to the lineup Sunday after missing 12 games because of an injured left thumb, started in place of Leonard.With forward Serge Ibaka set to return from a three-game suspension Wednesday, Toronto looked set to have its whole roster available for the first time since the trade deadline. Instead, Lowry may be forced to miss at least one of this week’s two games against Oklahoma City. Toronto visits the Thunder on Wednesday before hosting them Friday.“I’ll be doing some treatment all night, trying to get myself healthy and try to get back and not be out long,” Lowry said.Toronto made 14 of 17 shots in a blistering first, including five of seven from long range, and led 38-29 after one. The Raptors led 73-54 at halftime. It was Toronto’s highest-scoring half of the season.After the Raptors opened the second half with an 8-0 run, Fizdale called timeout and removed all five starters.“Not getting it done, not playing at the level I wanted to see the game played at,” Fizdale said. “They understood. I think every guy that was out there owned it.”The change didn’t help, and Toronto took a 101-69 lead into the fourth.TIP-INSKnicks: G Dennis Smith Jr. missed his third straight game because of a sore lower back and F Noah Vonleh missed his second straight because of a sprained right ankle. … Fizdale said G Frank Ntilikina will be reevaluated Tuesday. Ntilikina has not played since Jan. 27 because of a sore groin. … Robinson has now recorded a block in 28 straight games, tying Patrick Ewing for the longest streak ever by a Knicks rookie.Raptors: Ikaba served the third and final game of his suspension for throwing a punch at Cleveland’s Marquese Chriss on March 11. … Toronto is 15-5 without Leonard. … Toronto’s 36 assists matched a season-high. The Raptors had more assists than the Knicks had made baskets (28). Wintry storm delivers US travel woes before Thanksgiving David Beckham admits using phone while driving, police say Google Philippines names new country director ATLANTIC ACHIEVEMENTToronto is 8-0 at home against Atlantic Division opponents. The Raptors have won 31 straight home games against Atlantic foes. Their last home defeat to a division opponent was a Nov. 10, 2015, loss to the Knicks.WHOLE AT HALFToronto won its 18th straight game when leading at halftime, extending a franchise record.UP NEXTKnicks: Host Utah on Wednesday night.Raptors: At Oklahoma City on Wednesday night.Sports Related Videospowered by AdSparcRead Next The victory came at a cost to the Raptors, who saw guard Kyle Lowry leave in the third quarter after suffering an injured right ankle. Lowry, who had 15 points and eight assists in 26 minutes, was back in the lineup after missing the previous two games because of a sore left ankle.Toronto coach Nick Nurse said Lowry’s latest injury was “not terribly bad,” although Lowry said after the game that his ankle was “pretty tender.”FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logistics“I’m able to walk, a little bit slower, but I’ll be all right,” Lowry said.New York rookie center Mitchell Robinson collided with Lowry while chasing a loose ball at 5:15 of the third, falling onto Lowry’s legs and taking the All-Star point guard down from behind. Lowry slapped the floor in pain and frustration before being helped to his feet and limping to the locker room. PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss LATEST STORIES Private companies step in to help SEA Games hosting Bloomberg: US would benefit from more, not fewer, immigrants View comments
Vladivostok (Russia): Prime Minister Narendra Modi visited Zvezda shipbuilding complex along with Russian President Vladimir Putin on Wednesday and interacted with the management and workers of the shipyard. Modi, who arrived in Russia on a two-day visit during which he will hold summit talks with President Putin and attend the Eastern Economic Forum, is the first Indian prime minister to visit to the Russian Far East Region. During his visit to the shipyard, Prime Minister Modi was accompanied by President Putin. The two leaders hugged and shook hands before their departure for Zvezda shipyard. Also Read – India gets first tranche of Swiss bank a/c details “Strong winds propelling the India-Russia relationship! PM @narendramodi and Russian President Putin spending quality time together on board a ship on their way to ‘Zvezda’ Shipbuilding Complex,” Ministry of External Affairs spokesperson Raveesh Kumar tweeted. At the shipyard, Modi interacted with the management and workers of the plant. “PM @narendramodi and President Putin visited the Zvezda Shipbuilding Complex. Newer areas of collaboration such as shipbuilding offer opportunities for diversifying the strong India- Russia economic ties,” Kumar tweeted. Also Read – Tourists to be allowed in J&K from Thursday In the future, the ships built at that shipyard “will be used to deliver Russian oil and liquefied natural gas to world markets, including India,” President Putin’s aide Yuri Ushakov was quoted as saying by Tass news agency. The Zvezda shipyard is being set up on the base of the Far Eastern Shipbuilding and Ship Repair Center by a consortium of Rosneft, Rosneftegaz and Gazprombank. The shipyard will produce heavy tonnage ships, offshore platform elements, ice-class vessels, special vessels, and other marine equipment, according to the Russian news agency. After their visit to the shipyard, the two leader will hold the 20th India-Russia Annual Summit on the sidelines of the Eastern Economic Forum, which Russia has hosted since 2015 to boost partnerships with Asian countries. “A personal chemistry underlining a strong partnership President Putin welcomes PM @narendramodi in #Vladivostok for their 30th meeting. India-Russia relationship goes beyond relations between two capitals and are now at the cusp of expanding to new frontiers,” Kumar tweeted. In the summit talks, the two leaders are expected to discuss a number of key regional issues, including the Afghan peace process and situation in the Gulf region. Both sides are expected to firm up a five-year roadmap 2019-2024 laying out possibilities of cooperation in oil and gas sector, in terms of exploration and exploitation, and purchase. At present, India relies heavily on the Gulf region for its energy requirement. Gokhale said India is looking at Russia as a major source of hydrocarbons so as to end its complete dependency on the Gulf region. They are also expected to explore ways to enhance cooperation while working in multilateral organisations like Shanghai Cooperation Organisation, BRICS (Brazil-Russia-India-China and South Africa). Earlier, Modi was warmly welcomed at the Vladivostok airport on his third bilateral visit to Russia. He received a guard of honour at the airport. Ahead of his visit to Russia, Modi said he looked forward to discussing regional and international issues of mutual interest with President Putin. “I look forward to discussing with my friend President Putin the entire gamut of our bilateral partnership as well as regional and international issues of mutual interest,” he said in his departure statement in New Delhi. “I also look forward to meeting other global leaders attending the Eastern Economic Forum, and interacting with Indian Industry and business representatives participating in it,” Modi said. The forum focuses on development of business and investment opportunities in the Russian Far East Region, and presents enormous potential for developing close and mutually beneficial cooperation between India and Russia in the region. In an interview with Russia’s state-run TASS news agency ahead of his visit, Modi said he shared a “special chemistry” with the Russian President and is keen on technology transfers so that the two sides can make military equipment in India at cheaper rates for export to third countries. “I am confident that this visit will give a new vector, new energy and a new impetus to the relations between our countries,” Modi said. Russia and India are set to sign about 15 documents, including some in the military-technical sectors, within the framework of the 20th Russian-Indian summit that will take place on the sidelines of the Eastern Economic Forum (EEF), a Tass report said.
NEW YORK, N.Y. – Harry’s has carved out a niche selling men shaving razors direct to their doors, elbowing in on an industry long dominated by names like Gillette and Schick.In the process, the company says it found that 1 million women were using its products for their shaving needs.So its logical next step is Flamingo, a direct-to-consumer hair removal and body-care brand for women that launches Tuesday.Flamingo’s leaders say their aim is to make women more comfortable talking about shaving and waxing.“We want to normalize the fact that women might have hair here, or there, and if they choose to remove it, we want to support that,” Allie Melnick, the general manager for Flamingo says in an interview with The Associated Press.Flamingo is the first brand to emerge from Harry’s Labs, an offshoot of the company that has chipped away at the market share of industry giant Gillette, capitalizing on consumer frustration with pricey razors. Harry’s received $112 million in new funding earlier this year to develop new brands, with a vision to becoming a major consumer-products company to compete with the likes of Gillette parent Proctor & Gamble.Flamingo offers a five-blade razor, waxing kits, shaving gel and body lotion for women. The products will be sold on its own direct-to-consumer website , a space where the brand’s leaders Brittania Boey and Melnick hope to open frank conversations about women and body hair.The duo says Harry’s internal research shows nearly all U.S. women choose to shave or wax off some of their body hair. They say Flamingo wants to offer products and tips to help women do that while talking openly about furry toes, back hair and fuzzy upper lips.Harry’s launched as a direct-to-consumer company in 2013. It has since expanded into body care for men and now sells its products in Target and Walmart. Along with rival Dollar Shave Club, the company shook up the $2.8 billion U.S. men’s shaving industry, forcing Gillette to slash its razor prices and revamp its marketing strategy to stem a decline in market share.Harry’s remains a relatively small player, with 2 per cent of the market, according to Euromonitor International market research firm. But its direct-to-consumer model has helped create a sense of intimacy with its customer base that bigger brands find hard to replicate.Consumers have a growing appetite for tailored offerings that make small companies appealing, according to a recent report from management consulting firm Bain & Co., which cited both Harry’s and Dollar Shave Clubs as examples. Chobani’s and Noosa’s have similarly disrupted the yogurt industry, while digital upstarts like Casper’s helped drive Mattress Firm into bankruptcy.Flamingo hopes for the same success in the $1 billion U.S. women’s shaving industry, where Gillette holds 50 per cent of the market, according to Euromonitor. The new brand will compete in a more fractured landscape than the one Harry’s encountered for men’s shavers five years ago.Several new online brands have already seized attention, if not yet significant market share.Among them are Angel Shave Club, which donates part of its sales to the Malala Fund to promote education for girls abroad. The start-up Billie made a splash since launching last year with ads showing body hair — including a gif of a woman shaving her toe — while declaring war on the “pink tax,” the notion that women typically pay more than men for the same product.“It is likely that more women’s shave clubs will enter the U.S. market before one or two players emerge on top,” Kayla Villena, senior analyst at Euromonitor International, said in a recent report that preceded Flamingo’s launch.Melnick and Boey said more than 1 million women have bought Harry’s products, making Flamingo a logical first choice for the company’s newest brand.“My wife uses Harry’s now, too. She was stealing mine, so I got her one,” said Cody Chastain, a 42-year-old Roseville, California, man who likes Harry’s because of the convenience of its delivery service.Flamingo mirrors Harry’s in pricing and the simplicity of its offerings. It has one five-blade razor with a handle that comes in three different colours, priced at $9. Cartridge replacements are $2.25 per blade. It’s a deliberate contrast to the array of women’s razors from Gillette and No. 2 player Schick, which range from disposable razors for around $1 a piece to higher-end razors at 4$ or $5 per blade replacement.One notable difference separates Flamingo from the men’s razors Harry’s offers. Flamingo will offer its products a-la-carte only because women’s shaving routines vary too widely for subscription plans, Melnick says. Some shave only during warm seasons. Other might not bother shaving their legs if they are not in a romantic relationship. And, she says, women are very particular about which part of their body to shave or wax.Melnick has clearly gotten comfortable talking about her own lifelong battle with body hair.“I keep my arm hair, except when I demonstrate our wax strip. But I choose to remove my toe hair,” she says. “It’s all very personal.”
OTTAWA — Canada’s national annual inflation rate was 1.7 per cent in November, Statistics Canada says. Here’s what happened in the provinces (previous month in brackets):— Newfoundland and Labrador: 0.8 per cent (2.1)— Prince Edward Island: 1.0 (2.5)— Nova Scotia: 1.8 (2.9)— New Brunswick: 1.3 (2.8)— Quebec: 0.9 (1.7)— Ontario: 1.8 (2.5)— Manitoba: 1.7 (2.7)— Saskatchewan: 1.0 (2.4)— Alberta: 1.7 (2.8)— British Columbia: 2.4 (3.0)The Canadian Press
If you are a bullying boss, your employees are more likely to be less committed to their work, take longer breaks or come in late without notice, finds a study. The study led by researchers from the Portland State University in Oregon, US, showed that a bullying boss can decrease “organisational citizenship behaviour”, or the voluntary extras one does that are not part of the job responsibilities. On the other hand, the study also reveled that he/she increases “counterproductive work behaviour”, such as sabotage at work, coming into work late, taking longer-than-allowed breaks, doing tasks incorrectly or withholding effort, all of which can affect the team and co-workers. Also Read – An income drop can harm brain”The findings highlight the consequences of abusive supervision, which is becoming increasingly common in workplaces,” said Liu-Qin Yang, Associate Professor at the University. The study, published in the Journal of Management, attributes negative work behaviour to either perceptions of injustice or work stress. In response to perceptions of injustice, the employees are more likely to purposely withhold from the unpaid extras that help the organisation, like helping co-workers with problems or attending meetings that are not mandatory. Also Read – Shallu Jindal honoured with Mahatma AwardHaving an abusive boss can also lead to work stress, which reduces an employee’s ability to control negative behaviour or contribute to the organisation in a positive way. “Stress is sometimes uncontrollable. You don’t sleep well, so you come in late or take a longer break, lash out at your co-workers or disobey instructions,” Yang further added. “But justice is more rational. Something isn’t fair, so you’re purposely not going to help other people or when the boss asks if anyone can come in on a Saturday to work, you don’t volunteer.” The researchers of the study have highly recommended that organisations should take measures to reduce or curb abusive supervision. Regular training programmes to help supervisors learn and adopt more effective interpersonal and management skills, implementing fair policies as well as conducting stress management training can help employees, they suggested.