Ready-to-cook Meals from Amazon in Bid to Expand Groceries

Amazon has begun selling ready-to-cook meal packages for busy households in a bid to expand its groceries business.

 

Amazon-branded meal kits come with raw ingredients needed to prepare such meals as chicken tikka masala and falafel patties. They can help households save time; a kit for salmon with soba noodles can be prepared in just a half-hour, for instance. But at $16 to $20 for two servings, they can be more expensive than buying ingredients separately in larger quantities.

 

The development comes as Amazon is also buying the organic grocer Whole Foods for $13.7 billion, a deal that would give the company a foothold in both groceries and brick-and-mortar retailing. Amazon could ultimately use Whole Foods’ more than 400 locations as distribution centers for all food services, including meal kits.

For now, Amazon’s meal kits are sold only in selected markets. The Associated Press was able to place an order in Seattle, Amazon’s headquarters. A similar search for meal kits in New York generated items only from third-party vendors such as Martha & Marley Spoon and Tyson Tastemakers.

Amazon didn’t respond to requests for additional information.

 

Michael Pachter, an analyst at Wedbush Securities, said meal kits fall between regular groceries and deliveries of fully cooked meals and represent Amazon’s bid to expand its food business.

 

“I’m not sure any of this will work, but that’s where they are headed,” Pachter said in an email.

 

The food industry consulting firm Pentallect says meal kits represent a “rounding error” of $2.2 billion in a $1.5 trillion U.S. food industry, but the firm forecasts growth of 25 percent to 30 percent a year over the next five years. Pentallect says that because relatively few households have yet to try meal kits, there’s a lot of room for growth.

 

Amazon meal kits are available only through the AmazonFresh grocery-delivery program, which costs $15 a month and requires a separate $99-a-year Prime membership. Delivery costs an additional $10 on orders of $40 or less, though free pickup options are available in Seattle.

 

Sales appeared to have begun in late June, based on customer reviews.

 

Earlier this month, Amazon.com applied for U.S. trademark protection for the phrase “We do the prep. You be the chef.” for packaged food kits “ready for cooking and assembly as a meal.” Amazon listed a range of food types, including meat, seafood, salads and soups.

 

Shares of a leading competitor, Blue Apron, fell nearly 14 percent to $6.36 this week as reports of Amazon’s plans emerged at GeekWire and other news sites. That includes a 3.5 percent drop on Tuesday. Amazon’s stock increased $14.41, or 1.4 percent, to close Tuesday at $1024.45.

From: MeNeedIt

House Budget Blueprint Key to Success of Trump Tax Agenda

Despite opposition from Republican moderates and conservatives, House leaders are pressing ahead with a budget plan whose success is critical to the party’s hopes to deliver on one of President Donald Trump’s top priorities — a GOP-only effort to overhaul the tax code.

The importance of the measure has been magnified by the cratering in the Senate of the Trump-backed effort to overhaul President Barack Obama’s health care law, leaving a rewrite of the tax code as the best chance for Trump to score a major legislative win this year. The measure would require about $200 billion worth of cuts to benefit programs and other so-called mandatory spending coupled with the tax plan.

The budget plan unveiled Tuesday is crucial because its passage would pave the way to pass a tax overhaul this fall without the fear of a filibuster by Senate Democrats.

But it also proposes trillions of dollars in cuts to the social safety net and other domestic programs and puts congressional Republicans at odds with Trump over cutting Medicare. It also would sharply boost military spending.

“In past years, the budget has only been a vision. But now, with the Republican Congress and a Republican White House, this budget is a plan for action,” said Budget Committee Chair Diane Black, a Republican from Tennessee. “Now is our moment to achieve real results.”

Unclear, however, is whether GOP leaders can get the budget measure through the House. Conservatives want a larger package of spending cuts to accompany this fall’s tax overhaul bill, while moderates are concerned cuts to programs such as food stamps could go too far.

“I just think that if you’re dealing with too many mandatory cuts while you’re dealing with tax reform you make tax reform that much harder to enact,” said Representative Charlie Dent, a Republican from Pennsylvania.

Black announced a committee vote for Wednesday, but was less confident of a vote by the entire House next week; a delay seems likely because of the ongoing quarrel between the GOP’s factions.

The House GOP plan proposes to turn Medicare into a voucher-like program in which future retirees would receive a fixed benefit to purchase health insurance on the open market. Republicans have proposed the idea each year since taking back the House in 2011, but they’ve never tried to implement it — and that’s not going to change now, even with a Republican as president.

“Republicans would destroy the Medicare guarantee for our seniors and inflict bone-deep cuts to Medicaid that would devastate veterans, seniors with long-term care needs, and rural communities,” said Democratic leader Nancy Pelosi of California.

The plan promises to balance the budget through unprecedented cuts across the budget. It calls for turning this year’s projected $700 billion-or-so deficit into a $9 billion surplus by 2027. It would do so by cutting $5.4 trillion over the coming decade, including almost $500 billion from Medicare and $1.5 trillion from Medicaid and the Obama health law, along with sweeping cuts to benefits such as federal employee pensions, food stamps and tax credits for the working poor.

But in the immediate future, the GOP measure is a budget buster. It would add almost $30 billion to Trump’s $668 billion request for national defense. The GOP budget plan would cut non-defense agencies by $5 billion. And of the more than $4 trillion in promised saving from mandatory programs like Medicare and Medicaid, the plan assumes just $203 billion would actually pass this year.

Democrats focused their fire on the plan’s sweeping promises to cut from almost every corner of the budget other than Social Security, defense and veterans programs.

Top Budget Committee Democrat John Yarmuth of Kentucky told reporters the GOP “utilizes a lot of gimmicks and vagueness to reach some semblance of theoretical balance and also hides a lot of the draconian cuts would be inflicted on the American people.”

All told, the GOP plan would spend about $67 billion more in the upcoming annual appropriations bills than would be allowed under spending limits set by a 2011 budget and debt agreement. It pads war accounts by $10 billion. And, like Trump’s budget, the House GOP plan assumes rosy economic projections that would erase another $1.5 trillion from the deficit over 10 years.

The budget resolution is nonbinding. It would allow Republicans controlling Congress to pass follow-up legislation through the Senate without the threat of a filibuster by Democrats. GOP leaders and the White House plan to use that measure to rewrite the tax code.

As proposed by House leaders, tax reform would essentially be deficit-neutral, which means cuts to tax rates would be mostly “paid for” by closing various tax breaks such as the deduction for state and local taxes. However, the GOP plan would devote $300 billion claimed from economic growth to the tax reform effort.

But conservatives are insisting on adding cuts to so-called mandatory programs, which make up more than two-thirds of the federal budget and basically run on autopilot.

From: MeNeedIt

Trump Touts ‘Made in America Week’

The Trump Administration has launched “Made In America Week” to highlight the importance of U.S. manufacturing and tout its policies to bring more such jobs back home from overseas. But as VOA White House Bureau Chief Steve Herman reports, many Trump family products are made in foreign factories, leading to criticism of the president’s trade campaign.

From: MeNeedIt

Trump Declares ‘Hard Part Now is Done’ to Bring Jobs Back to America

President Donald Trump inspected products brought to the White House on Monday from all 50 U.S. states to launch his “Made In America Week.”

On display from the easternmost state of Maine was a yacht. From the distant shores of Hawaii, more than 7,500 kilometers from the nation’s capital, there was a bottle of rum.

Even Marine One, the presidential helicopter, was turned into an expensive prop to tout Connecticut manufacturing.

The president hopped into a Wisconsin firetruck.

“Where’s the fire? I’ll put it out,” he asked as Vice President Mike Pence looked on and press secretary Sean Spicer snapped photos.

Highlighting US manufacturing prowess

Minutes later, Trump signed a proclamation declaring July 17 as Made in America Day, saying the “hard part now is done,” because his administration has removed regulatory barriers.  

“For decades Washington has allowed other nations to wipe out millions of American jobs through unfair trade practices,” said the president to representatives of the featured businesses from 50 states. “Wait ‘till you see what is up for you. You are going to be so happy.”  

The latest weekly-themed campaign of the six-month-old Trump administration (and there are more to come in the next few weeks) is meant to highlight the importance of U.S. manufacturing and tout its policies to bring more such jobs back from overseas.

Amid the continuing pursuit of health care legislation and the growing investigations into links between the Trump campaign and Russia, another themed week should have come as a welcome and positive distraction.

Monday’s launch, however, was somewhat overshadowed by the fact that many, if not most, of the Trump family business products are made in foreign factories.

Steel and aluminum to build some of the most recent Trump hotels in the U.S. came from China. Much of the merchandise sold in those hotels, as well as the president’s private golf courses, are of foreign origin.  

What about Trump products?

The Democratic National Committee calls the domestic promotion campaign “the epitome of hypocrisy,” saying the president, instead of lecturing, should try setting an example.

“If you’re going to preach something, start at home, start at home,” said Chuck Schumer, the Democratic Party’s leader in the Senate. “Trump shirts and ties: where are they made? China. Trump furniture: where is it made? Turkey.” 

The clothing line carrying daughter Ivanka Trump’s name is also made overseas. That point was repeatedly raised by reporters at Monday’s off-camera White House press briefing.

“Some products may not have the scalability or the demand here in this country,” acknowledged Spicer. “But like so many other things, if that demand – if there is enough of demand then hopefully somebody builds a factory and does it.”  

Globalization makes ‘Made in…’ obsolete

Trade analysts say it is not that simple, because we are now in an interconnected global economy.

“The factory floor has broken through its walls and now spans borders and oceans,” said Daniel Ikenson, who directs trade policy studies at a libertarian think tank, the Cato Institute. “So things, a final good on an American retail store shelf, tends to have components, value-added, in five, six, 10 countries.”

While internationalists acknowledge there is a problem with Americans displaced from their jobs by technological changes or trade treaties, “The way to address that is not to compel people to buy American. The way to address that is to get rid of the frictions in the labor market that will make it easier for people to adjust to the new conditions,” Ikenson told VOA.

White House policymakers are undeterred by such arguments, pursuing their protectionist agenda. It seeks to reverse decades of work by administrations of both parties – supported by major U.S. business groups — to promote international commerce and trade agreements. 

From: MeNeedIt

EU Agrees to Allow in More Ukraine Exports for 3 Years

EU foreign ministers approved on Monday measures to allow Ukraine to export more industrial and agricultural products free of tariffs to the bloc in recognition of reforms undertaken by Kyiv and the country’s fragile economy.

By the end of September, Ukraine will be able to export greater tonnage of farm products, including grains, honey and processed tomatoes for three years.

The EU will also remove for the same period import duties on fertilizers, dyes, footwear, copper, aluminum, televisions and sound recording equipment.

The measures add to a free-trade agreement provisionally in place since January 2016 that has opened both markets for goods and services.

“It is our duty to support Ukraine and strengthen our economic and political ties, also in the face of the ongoing conflict on its soil,” said Estonia Foreign Minister Sven Mikser, whose country holds the six-month rotating presidency of the European Union.

Trade has been at the heart of a dispute between Russia and the European Union over relations with Ukraine, with Moscow and Brussels both competing to bring Kyiv closer to their side through offers of greater economic integration.

While Kyiv has moved westward, Russia has sought to destabilize Ukraine, EU governments and NATO say, by annexing Crimea and providing separatists with weapons and troops in Ukraine’s industrial east.

From: MeNeedIt

After 100 Days, US-China Trade Talks Have Far to Go

Bilateral talks aimed at reducing the U.S. trade deficit with China have yielded some initial deals, but U.S. firms say much more needs to be done as a deadline for a 100-day action plan expires Sunday.

The negotiations, which began in April, have reopened China’s market to U.S. beef after 14 years and prompted Chinese pledges to buy U.S. liquefied natural gas. American firms have also been given access to some parts of China’s financial services sector.

More details on the 100-day plan are expected to be announced in the coming week as senior U.S. and Chinese officials gather in Washington for annual bilateral economic talks, rebranded this year as the “U.S.-China Comprehensive Economic Dialogue.”

A U.S. Commerce Department spokesman declined to discuss potential areas for new agreements since a May 11 announcement on beef, chicken, financial services and LNG.

​Trade deficit grows

Earlier in April, when Chinese President Xi Jinping met U.S. President Donald Trump for the first time at his Florida resort, Xi agreed to a 100-day plan for trade talks aimed at boosting U.S. exports and trimming the U.S. trade deficit with China.

The U.S. goods trade deficit with China reached $347 billion last year. The gap in the first five months of 2017 widened about 5.3 percent from a year earlier, according to U.S. Census Bureau data.

“It is an excellent momentum builder, but much more needs to be done for U.S.-China commercial negotiations to be considered a success,” said Jacob Parker, vice president of China operations at the U.S.-China Business Council (USCBC) in Beijing.

Biggest irritants

There has been little sign of progress in soothing the biggest trade irritants, such as U.S. demands that China cut excess capacity in steel and aluminum production, lack of access for U.S. firms to China’s services market, and U.S. national security curbs on high-tech exports to China.

The Trump administration is considering broad tariffs or quotas on steel and aluminum on national security grounds, partly in response to what it views as a glut of Chinese production that is flooding international markets and driving down prices.

Deals struck

American beef is now available in Chinese shops for the first time since a 2003 U.S. case of “mad cow” disease, giving U.S. ranchers access to a rapidly growing market worth around $2.6 billion last year.

More beef deals were signed during an overseas buying mission by the Chinese last week.

“There are hopes there will be even more concrete results,” Chinese Foreign Ministry spokesman Geng Shuang told a daily news briefing in Beijing on Friday. He did not elaborate.

Critics of the 100-day process said China had agreed to lift its ban on U.S. beef last September, with officials just needing to finalize details on quarantine requirements.

China, meanwhile, has delivered its first batch of cooked chicken to U.S. ports after years of negotiating for access to the market. 

But unlike the rush by Chinese consumers for a first taste of American beef, Chinese poultry processors have not had a flurry of orders for cooked chicken.

Biotech crops, financial services

Other sectors in China under U.S. pressure to open up have moved more slowly.

Beijing had only approved two of the eight biotech crops waiting for import approval, despite gathering experts to review the crops on two occasions in a six-week period.

U.S. industry officials had signaled they were expecting more approvals. U.S. executives say the review process still lacks transparency.

Financial services is another area where little progress has been made, U.S. officials say.

USCBC’s Parker said it is unclear how long it will take for foreign credit rating agencies to be approved, or whether U.S.-owned suppliers of electronic payment services will be able to secure licenses.

The bilateral talks have also not addressed restrictions on foreign investment in life insurance and securities trading, or “the many challenges foreign companies face in China’s cybersecurity enforcement environment,” Parker said.

In an annual report released Thursday, the American Chamber of Commerce in Shanghai said China remained a “difficult market.”

From: MeNeedIt

Buzz Aldrin Sets Nation’s Sights on Mars by 2040

Forty-eight years after he landed on the moon, Apollo 11 astronaut Buzz Aldrin on Saturday rolled out a red carpet for the red planet at a star-studded gala at the Kennedy Space Center.

Aldrin, 87, commemorated the upcoming anniversary of the 1969 mission to the moon under a historic Saturn V rocket and raised more than $190,000 for his nonprofit space education foundation, ShareSpace Foundation. Aldrin believes people will be able to land on Mars by 2040, a goal that NASA shares. The space agency is developing the Space Launch System and the Orion spacecraft to send Americans to deep space.

 

Apollo astronauts Walt Cunningham, Michael Collins and Harrison “Jack” Schmitt joined Aldrin, one of 12 people to walk on the moon, at the sold-out fundraiser.

Bezos, Jemison honored

“I like to think of myself as an innovative futurist,” Aldrin told a crowd of nearly 400 people in the Apollo/Saturn V Center. “The programs we have right now are eating up every piece of the budget and it has to be reduced if we’re ever going to get anywhere.”

 

During the gala, the ShareSpace Foundation presented Jeff Bezos with the first Buzz Aldrin Space Innovation Award. Bezos, the founder of Amazon.com and the spaceflight company Blue Origin, is trying to bring the cost of space travel down by reusing rockets.

 

“We can have a trillion humans in the solar system. What’s holding us back from making that next step is that space travel is just too darned expensive,” Bezos said. “I’m taking my Amazon lottery winnings and dedicating it to (reusable rockets). I feel incredibly lucky to be able to do that.”

 

The foundation also honored former NASA astronaut Mae Jemison, the first African-American woman to travel in space, with the Buzz Aldrin Space Pioneering Award.

 

What Aldrin is talking about is “not just about the physical part of getting to Mars. It’s also about that commitment to doing something big and audacious,” Jemison told The Associated Press. “What we’re doing looking forward is making sure that we use our place at the table.”

Education foundation

 

Space memorabilia was auctioned at the gala, including an autographed first day insurance “cover” that fetched $42,500 and flew to the surface of the moon. Covers were set up by NASA because insurance companies were reluctant to offer life insurance to pioneers of the U.S. space program, according to the auction website. Money raised from their sale would have paid out to the astronauts’ families in the event of their deaths. The covers were issued in limited numbers and canceled on the day of launch.

 

The gala is the first part of a three-year campaign leading up to the 50th anniversary of the moon landing to help fund advancements that will lead to the future habitation of Mars.

 

ShareSpace Foundation on Saturday announced a new nonprofit, the Buzz Aldrin Space Foundation, to create an educational path to Mars. During the past year, the foundation has given 100 giant maps of Mars to schools and continues to work with children to advance education in Science, Technology, Engineering, Arts and Math, or STEAM.

From: MeNeedIt

South African Musician Phiri Dies at 70

Ray Phiri, a South African jazz musician who founded the band Stimela and became internationally known while performing on Paul Simon’s Graceland tour, died of cancer on Wednesday at age 70.

Phiri, a vocalist and guitarist known for his versatility in jazz fusion, indigenous South African rhythms and other styles, received many music awards in his home country. His death was met with nationwide tributes.

“He was a musical giant. This is indeed a huge loss for South Africa and the music industry as a whole,” President Jacob Zuma said in a statement.

Political parties also expressed condolences, saying Phiri’s songs resonated among many South Africans, particularly during the era of white minority rule that ended in 1994.

“An immensely gifted composer, vocalist and guitarist, he breathed consciousness and agitated thoughts of freedom through his music,” said the ruling African National Congress party, which was the main movement against apartheid until it took power in the country’s first all-race elections.

South Africa’s main opposition party, the Democratic Alliance, said many people grew up with Phiri’s music. “In the 1970s, Phiri’s music spoke to issues that are still affecting our people today,” the party said.

Stimela’s best-known albums include Fire, Passion and Ecstasy and Look, Listen and Decide, and Phiri contributed as a guitarist to Simon’s Graceland album in the 1980s. The album evolved from Simon’s interest in indigenous South African music.

From: MeNeedIt

First Woman to Win Math Equivalent of Nobel Prize Dies

Maryam Mirzakhani, a Stanford University professor who was the first and only woman to win the prestigious Fields Medal in mathematics, has died. She was 40.

Mirzakhani, who battled breast cancer, died Saturday, the university announced. It did not indicate where she died.

In 2014, Mirzakhani was one of four winners of the Fields Medal, which is presented every four years and is considered the mathematics equivalent of the Nobel Prize. She was named for her work on complex geometry and dynamic systems.

“Mirzakhani specialized in theoretical mathematics that read like a foreign language by those outside of mathematics: moduli spaces, Teichmüller theory, hyperbolic geometry, Ergodic theory and symplectic geometry,” according to the Stanford press announcement. “Mastering these approaches allowed Mirzakhani to pursue her fascination for describing the geometric and dynamic complexities of curved surfaces — spheres, doughnut shapes and even amoebas — in as great detail as possible.”

The work had implications in fields ranging from cryptography to “the theoretical physics of how the universe came to exist,” the university said.

Mirzakhani was born in Tehran, Iran, and studied there and at Harvard University. She joined Stanford as a mathematics professor in 2008.

‘Heart-rending’ loss

Iran’s President Hassan Rouhani issued a statement Saturday praising Mirzakhani. “The grievous passing of Maryam Mirzakhani, the eminent Iranian and world-renowned mathematician, is very much heart-rending,” Rouhani said in a message that was reported by the Tehran Times.

Iran’s foreign minister, Mohammad Javad Zarif, said her death pained all Iranians, the Tehran Times reported.

“The news of young Iranian genius and math professor Maryam Mirzakhani’s passing has brought a deep pang of sorrow to me and all Iranians who are proud of their eminent and distinguished scientists,” Zarif posted in Farsi on his Instagram account. “I do offer my heartfelt condolences upon the passing of this lady scientist to all Iranians worldwide, her grieving family and the scientific community.”

Mirzakhani originally dreamed of becoming a writer but then shifted to mathematics.

When she was working, Mirzakhani would doodle on sheets of paper and scribble formulas on the edges of her drawings, leading her daughter to describe the work as painting, according to the Stanford statement.

Mirzakhani once described her work as “like being lost in a jungle and trying to use all the knowledge that you can gather to come up with some new tricks, and with some luck you might find a way out.”

Stanford President Marc Tessier-Lavigne called Mirzakhani a brilliant theorist who made enduring contributions and inspired thousands of women to pursue math and science.

Mirzakhani is survived by her husband, Jan Vondrák, and daughter, Anahita.

From: MeNeedIt

Women in Silicon Valley Take on Harassment

Sweat rolled down the faces of women dressed in super hero costumes at the recent noon SoulCycle class in San Mateo, California.

 

Despite the thumping beat of the music, this was no routine workout. These Silicon Valley women were cycling as a protest, part of a response to an array of claims of gender inequity brought to light in recent months.

 

Travis Kalanick, the former chief executive of Uber, resigned from the company he co-created after women complained about the ride-hailing firm’s culture.

 

More recently, two prominent male venture capitalists left their roles after women complained about sexual harassment they experienced. Justin Caldbeck of Binary Capital resigned amid a sexual harassment scandal and Dave McClure of 500 Startups also stepped down after a New York Times article earlier this month described incidents of his sexual misconduct.

 

The controversies threaten to cast a shadow over a unique part of the U.S. tech industry – the startup ecosystem.

 

“There’s no glass ceiling when you start your own business,” shouted Tim Draper, a prominent venture capitalist and organizer of the event, before the cycling began. He wore a red cape and a Spider Man shirt. “You can paint it any color you want.”

 

The room cheered.

 

The venture capital industry, which finances startups, is predominantly run by men. Some Silicon Valley women say they have faced harassment when they sought financing.

   

“You pitch your idea and they go, ‘Oh that’s really interesting,’ and more like they were setting up dates,” said Wendy Dent, founder and chief executive of Cinemmerse, which makes an app for smartwatches.

 

Dent, a former model-turned tech entrepreneur, says she faced harassment during conversations with a would-be advisor. She struggled over how to respond.

 

“What was I going to do, go the police and say he sent me this email?” she said.

 

The willingness of more women to publicly come forward, including posting their experiences on social media, is making an impact, say some industry veterans. In the case of Uber, a female engineer went online to detail her experience, which included being propositioned by someone on her team. It was the financial backers of the firm who ultimately pressed for the ousting of the CEO.  

 

“We can use things like social media now, not just the courts, to communicate what we’re all seeing within the industry,” said Kate Mitchell, a venture capitalist.  

 

At the SoulCycle rally, Miranda Wang, chief executive of BioCellection, said attitudes about women in the industry are slowly changing.

 

“What we are doing now,” she said, “is making it something people have more awareness of.”

 

From: MeNeedIt