Wednesday, October 31, 2012

Small businesses predict an increase in holiday sales

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Small business owners are expecting a slight bump in holiday sales this year and about 40 percent of them are expecting the majority of their sales to be done online.

The National Retail Federation is predicting a small increase of 4.1 percent in holiday sales. Meanwhile, about 43 percent of small business owners say they are more optimistic about the coming holiday season than they were at this time last year, according to a new survey from Manta, an online community dedicated to small business.

About 50 percent of small business owners surveyed expect customers to buy directly from the store this holiday season; and 41 percent anticipate the majority of their sales to come from online orders ? a 10 percent increase from last year?s results.

?The holiday season can bring both immense pressure and great rewards to local small business owners, so this is the most critical time for them to leverage online tools and the vast expertise of other business owners,? said Pamela Springer, CEO of Manta.

As small businesses predict online sales to increase this year, they are being selective when it comes to the online tools and methods they will adopt this holiday season.? For example, the majority ? 82 percent ? of small businesses have not, and will not, run promotions with Groupon or other ?daily deal? sites this year, according to the Manta survey results. About 3 percent of respondents said these types of promotion sites have brought them repeat business.

Many small businesses run online stores or promotions through sites like Etsy and Facebook. Some small businesses are critical of the sites especially as they relate to support for small businesses, according to the Manta survey.

Other survey results show: about 10 percent of small businesses will hire part-time employees for the holiday season; about 26 percent will advertise on their website and through social media; and about 53 percent say Generation X (ages 32-47) are their most crucial target market; and, about 42 percent of small businesses project to end the year profitable.

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Source: http://csbj.com/2012/10/30/small-businesses-predict-an-increase-in-holiday-sales/

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Q&A: Windows Phone VP Terry Myerson On Why WP8 is ?Special?

Wired sat down with Myerson at the Windows Phone 8 launch event to talk about this and why he thinks the latest OS will give Microsoft's smartphone platform momentum, how it fits in the competitive market, and where he sees ...

Source: http://feedproxy.google.com/~r/GearFactor/~3/O7rtybNVQ0U/

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Obama declares NY disaster; Sandy death toll rises

President Barack Obama declared a major disaster in the New York City area Tuesday as Superstorm Sandy pounded the Northeast, killing at least 27 people, sweeping homes into the ocean, flooding large swaths of coastal areas, crippling public transit, and leaving millions without power.

As the East Coast woke up, residents faced the prospect of up to a week without heat, light or refrigeration, while authorities tried to measure the full wrath of the once-in-a-generation hurricane.

The deaths included at least 10 people in New York City, Mayor Michael Bloomberg said Tuesday, adding "tragically, we expect that number to go up."

Details of the devastation were also becoming clear:

  • More than 8.1 million homes and businesses were without power across 17 states, and nearly half of the outages were in New York and New Jersey, according to a tally by the federal government. NBC News meteorologist Bill Karins warned to "expect the cleanup and power outage restoration to continue right up through Election Day."
  • A massive fire destroyed at least 50 homes in Breezy Point, a seaside community in Queens, N.Y. Firefighters had difficulty reaching the blaze due to the severe weather. The cause of the fire was not immediately known.
  • Seven subway tunnels under the East River in New York City were flooded, leading MTA Chairman Joseph Lhota to declare: "The New York City subway system is 108 years old, but it has never faced a disaster as devastating as what we experienced last night." Subway service was unlikely to resume for 4 to 5 days, Bloomberg said.
  • PATH train service between Manhattan and New Jersey is likely to be suspended for 7-10 days, Gov. Chris Christie said Tuesday.
  • Half of Hoboken, N.J., was underwater, preventing emergency crews from reaching areas of the city, according to Mayor Dawn Zimmer. "We want people to be aware that it's a very dangerous situation," she told MSNBC.
  • At least four towns in north New Jersey ? Moonachie, Little Ferry, South Hackensack and Hackensack ? were submerged by up to 6 feet of water after a levee broke.
  • New York University Medical Center evacuated 215 patients to other hospitals because its backup generator was out. Critical patients ? including infants in neonatal intensive care ? were taken to Mount Sinai Hospital, Memorial Sloan-Kettering and New York Presbyterian Hospital.
  • The storm surge destroyed a number of houses on Fire Island, N.Y., where some people had decided to sit out Sandy.
  • More than 15,000 flights have been canceled so far and New York City's airports remained closed Tuesday. Rail traffic was also heavily affected, with Amtrak canceling all of its Northeast Corridor service, in addition to some other lines.
  • Rising waters sparked an alert at the Oyster Creek nuclear power plant in New Jersey Monday night, the Nuclear Regulatory Commission said. The alert was the "second lowest of four NRC action levels," it added, and was "due to water exceeding certain high water level criteria in the plant?s water intake structure." Exelon said there was no danger to equipment and no threat to public health or safety.

The dollar value of Sandy's destruction was still unclear.

"I think the losses will be almost incalculable," New Jersey Gov. Chris Christie told NBC's TODAY show.

One disaster forecasting company predicted economic losses could ultimately reach $20 billion, Reuters said .

Get live coverage on the storm from Weather.com

The historic storm, which made landfall at 6:45 p.m. ET Monday, hurled a wall of water of up to 13 feet high at the Northeast coast.

Tuesday's disaster declaration for New York City means that federal funds will be available to people affected by the storm, according to a White House statement.

Seawater surged into lower Manhattan and areas of Brooklyn, submerging entire streets and parks Monday. An all-time record tide level of 13.88 feet was set at The Battery in Lower Manhattan, Monday night, breaking the previous record of 11.2 feet from 1821, as well as Sandy Hook, N.J., shattering the previous record from the Dec. 1992 Nor'easter and Hurricane Donna in 1960, according to weather.com.

New York City's major utility said damage to its power infrastructure was "unprecedented."

On Long Island, 90 percent of homes were without power, Gov. Andrew Cuomo said Tuesday.

In New Jersey, two thirds of all utility customers, nearly 2.5 million homes and businesses, were without power.

Slideshow: Sandy slams into East Coast (on this page)

Rescuers headed to Fire Island, N.Y., where Joe Williams, the commissioner of Suffolk County, told NBC News that "we definitely lost some homes into the ocean."

"One community ... the count right now is about seven. We have numerous homes reported that have collapsed during the storm on Fire Island," he said.

Video: Surging water, winds hammer Long Island (on this page)

Williams said first responders were due to arrive on the island by 12 p.m. ET.

Helicopters have not been able to land there because the island "right now is covered in 4 feet of water," he said, "But we've been reassured that these people who stayed, most of them are year-round residents. They're pretty strong with this."

Weather.com warned that the high tide Tuesday would result in "additional coastal flooding" from the Delmarva Peninsula to southern New England.

Numerous towns along the New Jersey shore, Delaware, Maryland, Virginia, Long Island, Connecticut, Rhode Island, flooded with Monday's high tides.

Video: Roker: Thunderstorm watch issued for New England (on this page)

And "in a sign of how extraordinarily large Sandy is," weather.com said that lakeshore flood warnings had been issued for parts of the Great Lakes including Chicago.

Blizzard warnings have also been posted for the mountains of West Virginia, western Virginia and Garrett County, Md. The largest amount of snow reported as of Monday evening was 16 inches in Tucker County, W.Va.

Weather Channel coverage of Sandy
BreakingNews.com's coverage of Sandy
Share your images of Hurricane Sandy

The powerful storm flooded sections of Atlantic City and other areas of the New Jersey shore. Part of the Atlantic City boardwalk was washed away.

Christie sharply criticized Atlantic City Mayor Lorenzo Langford, whom he blamed for having "advised people to stay in shelters in the city."

"Despite my admonition to evacuate, he gave them comfort, for some reason, to stay," Christie said, NBCPhiladelphia.com reported.

Video: Hoboken mayor estimates 50% of city underwater (on this page)

NBC News has been able to confirm 27 deaths so far along the East Coast:

  • New York City (10): A woman, 75, in Manhattan died when power to her oxygen machine failed, while a man, 55, was found dead in a flooded basement in Lower Manhattan and a girl, 14, was found dead near the shoreline in Staten Island, according to NBCNewYork.com. Two men, one in Queens and one on Long Island, were killed by falling trees, and a woman was electrocuted in Queens when she stepped into water that concealed a live wire. Details on the other deaths were not immediately available.
  • New York state (5): Five people died in other parts of the state, Gov. Cuomo said Tuesday. Two boys were killed in North Salem, N.Y., when a tree crashed into the home they were in, NBCNewYork.com reported. Details on the other deaths were not available.
  • New Jersey (3): Two people died when a tree fell on their car in northern New Jersey, authorities told NBCPhiladelphia.com. Christie told NBC that a third person died as well, but details were not available.
  • Pennsylvania (2): A man, 62, and a boy, 8, were killed by falling trees, NBCPhiladelphia.com reported.
  • Connecticut (2): A woman, 90, and a firefighter were killed by falling trees, NBCConnecticut.com reported.
  • Virginia (2): Officials said two traffic deaths were tied to Sandy but no details were available.
  • Maryland (1):? One person was killed when a car hydroplaned over high water in Montgomery County, Gov. Martin O'Malley told MSNBC.
  • West Virginia (1): A woman died in an accident on snow-covered roads in Tucker County, NBC station WSAZ reported.
  • At sea (1): One person died when a replica of the HMS Bounty sank 90 miles southeast of Hatteras, N.C. Fourteen others were rescued, but the captain was missing.

Before it made its way north, Sandy was blamed for the deaths of 65 people in the Caribbean.

More content from NBCNews.com:

Follow US news from NBCNews.com on Twitter and Facebook

NBC's Ian Johnston and M. Alex Johnson, as well as Reuters and The Associated Press, contributed to this report.

Source: http://www.msnbc.msn.com/id/49605748/ns/weather/

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DACAAR Finance Advisor/Re-adevertisement ? Afghanistan ...

DACAAR is a non-governmental, humanitarian organization that supports sustainable development in Afghanistan through promoting the ability of local communities to decide upon and manage their own development process. Core thematic areas are: Water, Sanitation & Hygiene; Natural Resource Management; Women?s Empowerment; and Small Scale Enterprise Development. The organisation employs around 650 staff, of whom 11 are expatriates, with an annual budget of approximately USD 16 million.

DACAAR is now looking for a Financial Advisor to support the organisation in financial management and administration with regard to compliance, transparency and internal control. During the last few years DACAAR has transferred senior management responsibility, including the key position as Head of Finance and Administration to Afghan staff.

GENERAL RESPONSIBILITIES
The Advisor will oversee and ensure coherence between DACAAR?s contractual obligations and its financial and administrative procedures. Also, the Adviser will ensure adherence to established financial procedures. This includes review of all existing policies and procedures as well as advise on improvement of existing systems and a continued development and streamlining of regulations, procedures and systems in DACAAR. The Advisor will have a special focus on the financial management procedures and systems of the organisation and compliance with donors? rules and regulations.

The Advisor reports to the Director and will have strong advisory relationship towards the Heads of Departments (Strategy & Policy; Finance & Administration; Human Resource; and Programme) and senior staff in all matters relating to financial and administrative procedures. In addition the Advisor will maintain close collaboration with the Programme Coordinator in Denmark and provide input to the Governing Board as requested.The right candidate will have solid experience performing an advisory role and in liaising with senior management.

SPECIFIC RESPONSIBILITIES
Specific responsibilities of the Advisor related to Departments include, but are not limited to, the following:

DIRECTORATE
??Provide strategic advice to the Director on all matters relating to finance and the financial sustainability of the organisation.
??Develop, implement and administer a system for internal control, detection of fraud and compliance with donor and internal regulations.

STRATEGY & POLICY DEPARTMENT
??Effectively stay abreast of donors? policies, procedures, rules and regulations and compile and update an applicable compliance manual and training program for DACAAR staff.
??Support use of and if needed identify internal potential synergies, e.g. between staff working with grants and finance to ensure efficient compliance.
??Provide targeted and on-going coaching and mentoring to staff dealing with donor compliance.
??Ensure implementation of systems and procedures are in compliance with donor regulations through access to contract information, particularly the contract management database.

FINANCE & ADMINISTRATION DEPARTMENT
??Assist and advise the Head of Finance & Administration in monitoring the financial management of DACAAR, including management of cash flow and bank accounts in several foreign currencies, in accordance with individual donor contracts.
??Assist and support the Head of Finance & Administration in establishing an improved budget and expenditure monitoring system as well as regular monitoring of the same.
??Together with the Head of Finance & Administration, ensure that adequate budgeting procedures and systems are documented and in place in all departments within DACAAR and that relevant staff? members receive sufficient support in implementation of such systems and procedures.
??Together with the Head of Finance & Administration, review and analyse annual budgets as well as proposal budgets prepared by the departments and compiled by the Finance Section.
??Together with the Head of Finance & Administration review and analyse Balance Sheet reconciliation and follow up on outstanding items with the Programme.
??Together with the Head of Finance & Administration, review financial reports prior to submission to the Director for approval before submission to donors.
??Provide the Head of Finance & Administration mentoring for further development of core financial and administrative functions and systems.
??Together with the Head of Finance and Administration ensure that principles and procedures for registration and control of stocks and stores are developed, documented, and applied consistently and as required
??Ensure orderly closure of completed projects in collaboration with relevant entities in DACAAR.
??Advise the Head of Finance and Administration in case of any modifications required to financial manual and other related documents.
??Support the Head of Finance & Administration to ensure that procurement personnel are improving the current procurement regulations and systems to ensure that supplies for programme activities are procured in a timely manner and in accordance with the principles established in donor contracts.

HUMAN RESOURCE DEPARTMENT
??Assist the Head of Human Resources in planning necessary recruitment, training and capacity building of Afghan finance and administration staff.
??Assist the Head of Human Resources in review and development of related finance training materials.
??Assist the Head of Human Resources in reviewing staff related financial benefits and ensuring consistency with the organisations human resource and finance strategy.

PROGRAMME DEPARTMENT
??Prepare procedures for the continued smooth monitoring of financial and administrative compliance for the proper and transparent implementation of DACAAR?s programme as required by established procedures and donor requirements.
??Interact regularly with the Head of Programme and the Managers of Services, Portfolio and Operations and key staff responsible for the Programme?s accounting functions. Identify and deliver on the job trainings as necessary.
??Assist with the development of standards and wherever possible simplify procedures to enhance communication of financial information.

QUALIFICATIONS
??Substantial experience with advisory relationships and documented ability to support senior management.
??Strong professional background (Master?s degree) in financial management and accounting.
??Strong professional experience and interest in management and administration of donor funds including compliance with donors? rules and regulations (e.g. DANIDA, SIDA, NORAD, EC, ECHO and CIDA).
??Strong coaching and mentoring skills and attitude.
??Experience with DACAAR?s financial system, Navision, is desirable.
??Work experience from and knowledge about Islamic culture in general and Afghanistan in particular is an advantage.
??Willingness to live, travel and work under difficult conditions.
??Fluency in written and spoken English.
??Cultural sensitivity and adaptability.

DACAAR welcomes applications from both women and men.

CONDITIONS
Duty station:?Kabul, Afghanistan. The work might require occasional travelling in rural areas in Afghanistan, subject to the security situation. For the time being, Kabul is classified as a non-family duty station.

Contract:?One year with the Danish Refugee Council (on behalf of DACAAR). Salary and conditions in accordance with the Danish Refugee Council?s Terms of Employment for Expatriates. (See?www.drc.dk?under Vacancies). The position is classified as A9.

Availability:As soon as possible

FURTHER INFORMATION
You are welcome to contact Ms. Vibeke Falkenberg, Programme Coordinator (Copenhagen), phone+45 3373 5034 or e-mail?vibeke.falkenberg@drc.dk?and Mr Gerry Garvey, Director (Kabul), e-mail?gerry.garvey@dacaar.org?for further information on the position.

Please note that applications are not to be sent to Ms. Falkenberg or Mr Garvey.Applications sent directly to Ms. Falkenberg or Mr. Garvey Will Not Be Taken Into Consideration.

APPLICATION AND CV
Only motivated applications in English that address the stipulated duties and meet the required qualifications, sent together with a CV, will be considered. CV-only applications will not be considered.

We only accept applications sent online on?www.drc.dk?under Vacancies> Current vacancies >DACAAR Finance Advisor/Re-advertisment? ? Afghanistan (click on the vacancy, then on ?Apply? at the bottom of the window that opens).

Please send your application, in English and marked ?DACAAR Finance Advisor??no later than?18. November 2012.

Please contact Anne Oxholm,?job@drc.dk, if you experience problems with your online application.

18/11/2012

Source: http://www.organismes.org/dacaar-finance-advisorre-adevertisement-afghanistan/

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Fundamental analysis 30 October 2012 | Inside Forex trading

Monday session was marked by a weak volatility again. This time a nature took part amended the market events. Hurricane Sandy, threatening the East coast of the USA, became the reason of closing some sectors of financial market, and it caused an absence of activity at the currency markets. In these conditions investors preferred the dollar as a shelter- currency, which had strengthened a little against its all main opponents. Beside this, fear of the situations in Spain and Greece supported the dollar, and also representatives of the Bank of England, which by their hints increased the expectations of mitigation from BoE supported the dollar. The USD/JPY pair was trading in a narrow corridor with the expectations of the Bank of Japan decisions about the volume of economic stimulation, and it also caused strengthening of the dollar. The US economy statistics published yesterday showed good results, and it more likely made the American currency more popular. Consumer expenses increased by 0.8% m/m in September,? and incomes increased by 0.4% m/m, but forecasts had estimated increase only by 0.6% m/m and 0.4% m/m correspondingly. ?The information from regions showed improvement of business activity in the industry sphere of Texas. According to the report of the FRS of Dallas, the total index of business activity increased by 1.8 in October from -0.9 in September. But the index components which refer to the perspectives, showed negative results? ? new orders index fell to -4.5 from 5.3, and employment index decreased to 5.2from 5.9. Today there will be a little important news ? house price index from S&P/Case-Shiller in 20 US megalopolises is estimated to increase by 2.0% y/y in? August after? +1.2% y/y in July, consumer confidence index from Conference board is estimated to improve to 72.4 against 70.3 earlier.

EUR

Spain situation and the expectations of decisions in Greece are continuing to influence the unified currency causing decrease of interest in it. The rise of incomes from assets of outlying countries of the Eurozone and bad index of Spain economy caused the weakening of the euro at the fisrt session this week. Information, demonstrated by Madrid, showed the fall of retail trade in September, the index fixed -10.9% y/y in comparison with August ? only 2% y/y. There is still uncertainty concerning the aid to Greece, as Athens and international creditors are not agreed. The top-manager of Germany stated that the idea of Greek debt restructuring at the expense of government?s means will not be considered , and that the program of its bay-back can attract the attention, but it can cause the printing-press turn on in the Eurozone and it naturally increase the euro trading. Except Spain statistics, German inflation statistics was published ? here price pressure I October remained at the same level ?- preliminary consumer 0prices index showed? 0.0% m/m, 2.0% y/y. Today there are much more news. First, market?s attention will focus on German employment statistics. It is estimated the increase of number of unemployment allowance appeals by 10 thousands and increase of the level by 6.9% from 6.8% in September. Beside this, the report of the European committee for October about the mood in business will be of great interest. This information may cause the decrease of business conditions index by -1.40 from -1.34, decrease of economic expectations index to 84.2 after 85.0 earlier, decrease of the confidence index in industry sector to -17.0 after -16.1 in September. Consumer confidence index is expected to be at the level -25.6. It is natural that such dynamics of results don?t support the unified currency and the pressure on the euro may continue.

GBP

British pound also fell against the dollar at Monday trading, and its weakening was more noticeable than the euro weakening. Maybe investor?s pound trading was caused by the announcement of the representative of the Bank of England, which strengthened the fear concerning a volume increase of the program of mitigation from ???, which has decreased after the announcement of the Head of this institute M. King last week and good GDP index of ?islands? for the 3rd quarter. Yesterday the member of Monetary and Credit Policy Committee? of the Bank Of England S. Deil announced that British economy will more likely slow down suddenly in the last quarter of the year, and inflation will more likely increase by 2.5% in the nearest months. Such situation is not good for the British regulator, as on the one hand stimulus is needed, but such action may bring negative results in the conditions of high inflation. Home market statistics published yesterday also didn?t support the pound ? Hometrack report announced house price index in October didn?t have positive results, the index fixed -0.1%m?/m, -0.4% y/y after -0.1% m/m,-0.4% y/y? earlier. Information of the Bank of England about crediting was positive ?- the total consumer crediting increased by 1.7 milliard pounds in September, this index beat summer 2008 maximum, forecasts had estimated worse results ? only +0.2 milliard pounds. Nevertheless, non-financial companies debts continued to decrease, it testifies a business unconfidence and may influence the dynamics of money supply., which had decreased in September -? M4 aggregate showed? -4.0% y/y from ?-3.5% y/y in August. Today there are a little news about ?islands? economy, retail trade index from the Confederation of British Manufacturers (CBI) is expected to increase to +7 ? +6 for October. It is scarcely probable that it has changed a market mood. It is more likely that the pound will be under a little pressure or will be in trade on the current session.

JPY

The expectations of the Bank of Japan decision on the monetary policy caused the fluctuations of the Japanese currency in narrow corridors against all main opponents on Monday session. Today this long-awaited decision is made and its announcement disappointed the market ? the yen strengthened on all fronts. The Bank of Japan decided to increase the program of assets buying by 11 trillion yens, it coincided with the forecast, but it didn?t come up to the investors? expectations of more aggressive stimulation. The Land of the Rising Sun economy statistics demonstrated today shows that the situation in Japanese economy worsens ?- households expenses decreased in September by -0.9% y/y after 1.8% y/y, but it was expected ?0.8% y/y, the level of unemployment remained at the same level ?4.2%, and the preliminary estimation of the volume of industry production in September fixed bigger decrease than it was in the previous month and then the forecasts expected,? -4.1% m/m, -8.1% y/y after -1.6% m/m,? -4.6% y/y, it was expected -3.1% m/m, -7.1% y/y.? Concerning the nearest perspectives of the yen, its pressure may weaken as the bank of Japan may mitigate more ?- the manager of the Bank of Japan M. Sirakova has already announced that? widening of the stimulation program will continue.

Source: http://blog.forex4you.com/fundamental-analysis-30-october-2012/

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This Gorgeous Carbon Fiber Sled Could Be Your Perfect Post-Frankenstorm Ride

If hurricane Sandy turns into a blizzard and dumps snow everywhere, the best way to get around Northeastern hills might be this lovely Snolo carbon fiber alpine sled. It's lightweight, it folds down for easy transport, and it looks like a Ferrari suited to six feet of snow. More »


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Friday, October 26, 2012

Actress Melissa Joan Hart balances acting with motherhood, talks ...

Melissa Joan Hart is known for her TV personalities, playing a PG version of Carrie Bradshaw in ?Clarissa Explains it All? and a 16-year-old who finds out she has magical powers in ?Sabrina, The Teenage Witch?. She?s now starring in the ABC Family series ?Melissa and Joey?, where her character hires a male nanny, played by fellow '90s television heartthrob Joey Lawrence, to look after the niece and nephew she?s in charge of raising.

Off-screen, Hart?s own family and career continues to grow. She just gave birth to her third son with husband Mark Wilkerson, and is now partnering with Merck and their ?Once Upon a Birth? campaign. Hart comes to ?Starting Point? to explain it all.

Hart was only a teenager while filming ?Clarissa Explains It All?.

?That?s 20 years ago,? Hart says, ?long time ago.? She was balancing high school, the show in Orlando, and her family back home in New York. She?s pulling much the same weight now, managing her family in Connecticut and shooting ?Melissa and Joey? in Los Angeles, a show she also executive produces. She was also an executive producer on in ?Sabrina, The Teenage Witch?. ?

?You get to have some fun,? she says about the benefits of producing to playing the lead actress. ?You get to have some creative control,? like working with the talent of your choice. ?So I really enjoy that.?

A mother to three healthy kids, Hart?s paid partnership with Merck is rooted in her wish to empower women with more access to prenatal care. Her own birth story is on Merck for Mothers? Facebook page as a part of its ?Once Upon a Birth? initiative.

?For every story shared, they will make a donation to Join My Village,? an empowerment program for women around the world, Hart says, ?because 800 women die everyday in child birth.? Hart feels blessed to have proper healthcare and healthy children.

?Anything related to mothers and babies is where my heart is,? Hart says.

Source: http://startingpoint.blogs.cnn.com/2012/10/25/actress-melissa-joan-hart-on-balancing-acting-with-motherhood-talks-about-work-promoting-prenatal-care/

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