Industry News

DENSO has entered into a technical advisory contract with one of the world's foremost researchers in computer vision, Carnegie Mellon University Professor Dr. Through this contract, DENSO is looking to advance its artificial intelligence technology and expand its engineering expertise in the areas of advanced driver assistance systems, autonomous drive, and..."/>
DENSO to Advance Artificial Intelligence Knowledge, Signs Technical Advisory Contract with Carnegie Mellon University Professor Takeo Kanade
Vuzix ® Corporation, a leading supplier of Smart-Glasses, Augmented Reality and Virtual Reality technologies and products for the consumer and enterprise markets, is pleased to announce that the Company has been invited to participate in Oppenheimer& Co.' s inaugural Drone Day, scheduled to take place on September 19, 2016 at the Storm King Art Center in New Windsor, New York. As part of a growing marketing and sales campaign in the drone..."/>
Vuzix to Participate in Oppenheimer Drone Day and Other Drone Events
Macy's stores in the Midwest, including St. Louis, are racking up big market share losses, according to a report by a data analytics firm this week. Among the top 10 cities where Macy's lost the most market share from 2014 to 2015, seven were in the Midwest, according to the report by New York-based 1010 data."/>
Midwest Macy's market share losses worst in U.S., report says [St. Louis Post-Dispatch]
Carnival Corporation Chairman Micky Arison and his wife Madeleine have matched the $250,000 donation made recently by Carnival Cruise Line and parent company Carnival Corporation to aid organizations assisting victims of the Louisiana floods. The additional $250,000 donation was made through the Micky and Madeleine Arison Family Foundation and raises the total contribution from Carnival Cruise-related organizations to..."/>
Micky and Madeleine Arison Family Foundation Gives $250,000 Matching Donation for Louisiana Flood Relief Raising Total Contribution From Carnival Cruise-Related Organizations to Half-a-Million Dollars
Panasonic's advanced audiovisual equipment helped shared the passion of the Rio Olympic Games across the globe, a senior official of the Japanese electronics giant told Khaleej Times. Panasonic Corporation is the Official Worldwide Olympic and Paralympic Partner in the Audio and Visual Equipment category for the Rio 2016 Olympic Games. "It is our constant endeavour to bring the latest in technology and products through our years of expertise in covering..."/>
It's all about technology [Khaleej Times, Dubai, United Arab Emirates]
Target. "Whether it's dribbling a basketball, playing softball, or maneuvering through an obstacle course, physical activity can improve academic achievement, boost..."/>
First Book, Target Team Up to Bring New Sports Equipment to Further Wellness and Learning for Children in Need
Rite Aid finally opened in downtown Allentown on Thursday morning, and Bessie Hunter was there "shopping hard." After all, she and the fellow residents of nearby Center Square Apartments, a senior housing complex on Seventh Street, have been waiting for a pharmacy downtown for more than four years, which is when Rite Aid's longtime Hamilton Street store was razed to make way for PPL Center. "It's convenient, and it's in walking distance," said Hunter, who had been..."/>
Finally, Rite Aid opens in downtown Allentown [The Morning Call (Allentown, Pa.)]
Dollar Tree executives say the discount chain that merged with Family Dollar a year ago sold nearly $5 billion worth of goods in the second quarter, earning a profit of $170.2 million. In the three months ending July 30, the Chesapeake-based retailer reported earning 72 cents per share compared with a loss of 46 cents per share a year ago when it racked up costs associated with its $9.2 billion merger. Dollar Tree's footprint also grew during the quarter by 10.4 percent to a total of..."/>
Dollar Tree, Family Dollar combined sales nearly top $5 billion last quarter [The Virginian-Pilot]
Sirius XM Holdings Inc. announced today that on October 1, 2016 its subsidiary, Sirius XM Radio Inc., will redeem all of its outstanding 5.875% Senior Notes due 2020. As of August 25, 2016, $650,000,000 in aggregate principal amount of the 5.875% Notes were outstanding. SiriusXM intends to use cash on hand as well as the proceeds of a drawing under its revolving credit facility to fund the redemption."/>
Sirius XM Radio Inc. to Redeem $650 Million of 5.875% Senior Notes due 2020
Wyndham Worldwide family of companies, is now offering special fall travel deals to more than 50 destinations across the country during the Wyndham Extra Holidays 50 th Anniversary Celebration. Our Golden Anniversary celebration also enables you to enter for a chance to win 50,000 Wyndham Rewards points."/>
Celebrate 50 Years Of Vacations With Wyndham® Extra Holidays Fall Travel Deals
Time Inc.’ s Sports Illustrated Group, it was announced today. McClusky has been at the forefront of digital innovation for nearly two decades."/>
Mark McClusky Named Digital Editor for Time Inc.’s Sports Illustrated Group
Office Depot space in the Atlantic West shopping center at Atlantic and Kernan boulevards. Office Depot moved out several months ago, and HomeGoods, which sells home decor and furnishings, is expected to open before the holidays. It will be the fourth of the chain in the Jacksonville area."/>
BRIEF: HomeGoods to open on Atlantic Boulevard [The Florida Times-Union, Jacksonville]
Fox Global Directors Initiative Launches Second Edition
Ascential plc has agreed to acquire 100% of Salt Lake City, Utah, USA-based e-commerce analytics provider LLC for initial cash consideration of USD 44 m plus future earn-outs. The future earn-outs are based on multiples of adjusted EBITDA of the business for the four years 2016 to 2019 payable in cash or, for certain elements, shares at Ascential's option. A portion of the earn-out payments is also subject to founders..."/>
Ascential Acquires E-Commerce Analytics Firm One Click Retail for USD 44m

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