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Have a gr-eight birthday, George

‘Best Foot Forward’ Is a Story About, and By, People With Disabilities

The Apple TV+ series, based loosely on a memoir by Josh Sundquist, prioritized disability representation on both sides of the camera.

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By Ari Saperstein

China Fines Ride-hailing App Didi Global $1.2 Bln

The Cyberspace Administration of China or CAC has imposed a fine of 8.026 billion yuan or $1.2 billion against ride-hailing app Didi Global Inc. (DIDI), for data violations, putting an end to a year-long investigation into the Beijing-based company. Senior executives Will Cheng Wei and Jean Liu Qing were each fined 1 million yuan, the regulator said in a statement on Thursday.

Authorities did not say whether Didi’s apps, 26 of which were removed from domestic app stores in July 2021, would be restored. Didi said on its Weibo account on Thursday that it fully accepted the regulator’s decision and would rectify its wrongdoings.

The CAC’s decision comes more than a year after authorities initiated an unprecedented cybersecurity probe into the company, days after it launched a US$4.4 billion initial public offering in New York on June 30, 2021.

Ahead of the IPO, Didi granted its senior executives and directors $3 billion in stock options. However, the abrupt investigation shook investor confidence in Chinese technology stocks. Since then, few Chinese companies have chosen to list in the US.
Last month, Didi started trading on the over-the-counter market after shareholders voted to delist the company from the New York Stock Exchange.

The CAC said in its statement that Didi had committed 16 offences involving the illegal collection of data from drivers and passengers. They include the illegal processing of 64.7 billion personal information entries over the span of seven years since June 2015.

Universal Forest Products Q2 Profit Rises, Beats estimates

Universal Forest Products (UFPI) released earnings for its second quarter that increased from the same period last year and beat the Street estimates.

The company’s earnings came in at $207.8 million, or $3.23 per share. This compares with $175.4 million, or $2.78 per share, in last year’s second quarter.

Analysts on average had expected the company to earn $2.41 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter fell 89.3% to $2.9 billion from $27 billion last year.

Universal Forest Products earnings at a glance (GAAP) :

-Earnings (Q2): $207.8 Mln. vs. $175.4 Mln. last year.
-EPS (Q2): $3.23 vs. $2.78 last year.
-Analyst Estimate: $2.41
-Revenue (Q2): $2.9 Bln vs. $27 Bln last year.

Westfield Outdoor Recalls Tents

Indianapolis, Indiana-based Westfield Outdoor, Inc. has recalled Outfitter and Big Horn tents citing injury risk, the U.S. Consumer Product Safety Commission. The tents were sold exclusively at Cabela’s and Bass Pro shops.

The recall involves only the Cabela’s Ultimate Alaknak Outfitter, the Instinct Outfitter and the Big Horn 6P tents supplied by Westfield Outdoor. About 5,050 units were sold in the United States and about 830 units in Canada.

The recalled tents’ sizes range from 10 feet by 10 feet to 13 feet by 27 feet and are sold in green. The tents are designed for the optional use of a wood stove inside. The stove pipe exits the tent through the stove jack ring which provides a seal between the stove pipe and the tent.

The tents were manufactured in China, impoted by Bass Pro, LLC, and were sold at Cabela’s and Bass Pro Shops nationwide and online from August 2019 through November 2020 for between $900 and $1,500.

According to the agency, the tent’s stove jack ring can deteriorate when exposed to high temperatures from contact with a stove pipe and create smoke inside the tent. This poses a risk of injury from smoke inhalation.

The recall was initiated after Westfield received three reports of the stove jack ring deteriorating due to heat and creating smoke, and one report of smoke inhalation and frostbite related to discontinuing the use of a wood stove while camping.

Consumers are urged to immediately stop using a wood stove inside the tents and contact Westfield Outdoor for a free replacement stove jack ring.

Glacier Bancorp Inc. Q2 income increases in line with estimates

Glacier Bancorp Inc. (GBCI) announced a profit for its second quarter that increased from the same period last year in line with the Street estimates.

The company’s bottom line came in at $76.4 million, or $0.69 per share. This compares with $67.8 million, or $0.61 per share, in last year’s second quarter.

Analysts on average had expected the company to earn $0.69 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

Glacier Bancorp Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $76.4 Mln. vs. $67.8 Mln. last year.
-EPS (Q2): $0.69 vs. $0.61 last year.
-Analyst Estimate: $0.69

Have a gr-eight birthday, George

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The snap was taken by George’s mum Kate, who has made a habit of releasing her photos to mark important days.