Nike sales surge 31% in days after Colin Kaepernick ad

The sportswear giant released the first version of its ad on Monday, the Labor Day holiday. It featured the quarterback and the slogan: “Believe in something. Even if it means sacrificing everything. Just do it.”

Kaepernick, 30, has been without a team since opting out of his San Francisco 49ers contract in March 2017. In 2016 he was an originator of protests by NFL players, targeting racial injustice and police brutality, which often involve kneeling during the pre-game playing of the national anthem.

Donald Trump has made the protests a key part of his appeal to his base, arguing that the players are disrespecting the anthem, the US flag and the military.

Trump did not supply evidence for his claim of “anger and boycotts” but opposition to the company’s move was expressed widely and in some instances creatively on social media.

On Friday, the morning after the full version of the Nike ad played during the Philadelphia Eagles v Atlanta Falcons NFL season opener, the president asked: “What was Nike thinking?”

https://www.theguardian.com/profile/martin-pengelly

NYC's Best Burger, Explained | Food Skills

Audi's PB 18 E-Tron is a supercar spaceship

Alibaba’s Jack Ma, China’s Richest Man, to Retire From Company He Co-Founded

HONG KONG — Alibaba’s co-founder and executive chairman, Jack Ma, said he planned to step down from the Chinese e-commerce giant on Monday to pursue philanthropy in education, a changing of the guard for the $420 billion internet company.
www.nytimes.com/2018/09/07/technology/alibaba-jack-ma-retiring.html

Ma, one of China’s best known corporate leaders, will remain on the company’s board of directors and continue to mentor its management, the New York Times said on Friday.

Ma, who founded Alibaba in 1999, stepped down as chief executive in 2013. He currently serves as the company’s international face at top political and business events.

Ma, China’s third richest person with a net worth of $36.6b according to Forbes magazine, was quoted as saying his retirement was not the end of an era, but the beginning of one.

While Ma‘s retirement from a formal role is a milestone, analysts and industry professionals say it is unlikely his involvement will change significantly.

“I don’t think it means that much, frankly. He stepped back from the CEO role about four or five years ago and very specifically made a comment about wanting the younger people to lead the company,” said Kevin Carter, founder of The Emerging Markets Internet exchange-trade fund.

Ma, who turns 54 on Monday, oversees a number of charitable projects in education and environmental fields. He is a cult figure in China’s internet industry and has attracted a big following among entrepreneurs and in pop culture.

www.theguardian.com/business/2018/sep/08/alibaba-co-founder-jack-ma-to-retire-say-reports

Trump threatens to expand trade war to all Chinese imports as US moves ahead with further tariffs

“Now we’ve added another US$200 billion,” Trump said during remarks that were initially off the record but which he later told reporters they could publish. “And I hate to say that, but behind that, there’s another US$267 billion ready to go on short notice if I want. That totally changes the equation.”
https://www.scmp.com/author/owen-churchill

‘Papillon’ Review: Isolation and Infamy

Michael Noer creates an ambitious remake of the 1973 film about French convict, memoirist and inveterate flight risk Henri Charrière. 

By John Anderson

Aug. 23, 2018 12:17 p.m. ET

There’s no escaping 1973’s “Papillon,” even during the most dire moments of director Michael Noer’s ambitious remake, which stars Charlie Hunnam (“Sons of Anarchy”) and Rami Malek (“Mr. Robot) and does its damnedest to separate itself from the original. 

www.wsj.com/

NBA Coach Steve Kerr Pays Premium for San Francisco Home

The Golden State Warriors head coach purchased a Presidio Heights house with Golden Gate Bridge views for $7.35 million, about 25% more than the original asking price. Golden State Warriors head coach Steve Kerr and his wife, Margot, purchased a home in San Francisco’s Presidio Heights neighborhood for $7.35 million, according to public records. The house had been on the market with an asking price of $5.799 million.

/www.wsj.com/

By

Sarah Tilton

Aug. 22, 2018 3:48 p.m. ET

$85 Million Private Island in the Bahamas Hits Market

Little Pipe Cay boasts five luxury homes and four private beaches

BY JOSEPH CHARNEY 

 |  ORIGINALLY PUBLISHED ON JUNE 26, 2018  |
 MANSION GLOBAL

The property is located 70 miles southeast of Nassau and 270 miles from Miami, making it accessible directly by seaplane. Staniel Cay, which offers a host of tropical amenities like water sports, cave tours, and sea parks, is located less than three miles away from Little Pipe Cay by boat. Additionally, Big Major Cay also known as "Pig Island," famed for its swimming pigs, is less than two miles away from the newly listed island.

10,500-Acre Scottish Hunting Estate Sells to English Businessman

BY BECKIE STRUM 

 |  ORIGINALLY PUBLISHED ON AUGUST 24, 2018  |  

MANSION GLOBAL

A millionaire from northern England has purchased a massive Scottish island estate two-thirds the size of Manhattan—it was most recently asking £1.85 million (US$2.377 million).

The 10,500-acre property known as the Scaliscro Estate is located on the Isle of Lewis, the northernmost island in the the Hebrides archipelago, which juts into the Atlantic Ocean from the Scottish mainland. The expansive land with its rocky green terrain and views over Loch Roag could be a scene plucked out of a fantasy novel, images of the listing show.

Chicago’s Second-Most Expensive Listing Hits Market, Asking Nearly $16M

The mansion has been in the Hoover family, known for their eponymous vacuum company, since 1926. The property, located in Glencoe, a suburb of Chicago, is a 10,000-square-foot mansion located within walking distance of the Chicago Botanic Gardens and the Lakeshore Country Club on the banks of Lake Michigan. At 12.2 acres, the estate is the largest privately owned property in Illinois’s Cook County.

BY JOSEPH CHARNEY 

 |  ORIGINALLY PUBLISHED ON AUGUST 22, 2018  |  MANSION GLOBAL

www.mansionglobal.com/

Lake Tahoe Home Where Howard Hughes Lived Until His Death Sells for $17.5M

A lakefront property in Lake Tahoe, Nevada, owned for more than two decades by the notorious businessman, pilot and director Howard Hughes, has sold for $17.5 million after being on and off the market for five years, listing records show.

"Summertide" consists of two buildings, including a 2,518-square-foot five-bedroom main residence and a two-bedroom, 1,343-square-foot cottage, and sits on 500 feet of Lake Tahoe shoreline, with 180-degree panoramic waterfront views, according to the listing.

BY JOSEPH CHARNEY 

 |  ORIGINALLY PUBLISHED ON AUGUST 23, 2018  |  MANSION GLOBAL

Los Angeles Property Asks $1 Billion—But Can it Sell?

At $1 billion, the most expensive piece of land ever to be marketed in Los Angeles offers a luxury development opportunity that will need not only deep pockets, but some serious mathematical acrobatics to make it worthwhile, local experts say.

There are conceivable ways a residential developer could buy "The Mountain," a 157-acre summit in the iconic 90210 ZIP Code in Los Angeles county, and build it up into a community of mega-mansions only billionaires could afford, say several developers and local real estate experts. But the current zoning and city records documenting past efforts to build on the land reveal just how hard it will be to get the math right.

www.mansionglobal.com/articles/

BY BECKIE STRUM 

 |  ORIGINALLY PUBLISHED ON AUGUST 5, 2018  |  MANSION GLOBAL

‘Scapegoat’: A Word for Unfair Blame, From the Bible to the Beltway

A translator’s 16th-century misinterpretation of scripture fostered a widely used term. 

By 

Ben Zimmer

Aug. 24, 2018 10:32 a.m. ET

Why Trump is missing the mark by focusing on goods instead of services

David Dodwell says by zeroing in on the trade imbalance between China and the US, Trump is ignoring the huge potential for US exports in services such as tourism.

For example, look where these services exports come from. Over US$290 billion of services exports (about 40 per cent of total services exports) came from tourism – 76 million foreign tourists visited the US in 2016, underpinning close to 10 million jobs. China is today the source of more international travellers than any other country – more than 150 million last year – and this total is growing at more than 5 million a year. In 2016, just 3 million of these travellers went to the US – but they spent US$33 billion, by far the highest per capita spending of any country worldwide, according to the Germany-based China Outbound Research Institute.

At this rate, attracting an extra 1 million Chinese visitors would lift US tourism exports by US$11 billion a year. Add 10 million over the coming decade – not an unreasonable target – and this amounts to services exports worth an extra US$110 billion a year, adding literally millions of new jobs in the US. By poisoning relations with China, Trump’s trade war is putting much of this potential at risk: imagine how easy it is for China to suddenly make it harder to get US visas.

It is intriguing that Trump is so keenly obsessed with US goods exports to China worth US$130 billion a year, while wholly neglecting the upside potential of tourism and other services worth twice as much.

www.scmp.com/comment/insight-opinion/hong-kong/article/2161130/why-trump-missing-mark-focusing-goods-instead

PUBLISHED : Saturday, 25 August, 2018, 4:01am

UPDATED : Saturday, 25 August, 2018, 6:58am

Ben Affleck reportedly back in rehab

Ben Affleck

The Oscar-winning producer is said to be seeking treatment for alcohol addiction at a facility in Malibu, according to TMZ and   People. 

By Nardine SAAD

http://www.latimes.com/entertainment/la-et-entertainment-news-updates-2018-ben-affleck-reportedly-back-in-rehab-1535040352-htmlstory.html

'Big Bang Theory' will end its 12-season run in 2019

“The Big Bang Theory” will come to an end after its 12-season run in May 2019, CBS announced Wednesday. 

The longest-running multi-camera series in television history will wrap with a record-breaking 279 episodes. 

“We are forever grateful to our fans for their support of ‘The Big Bang Theory’ during the past twelve seasons,” Lorre Productions, CBS and Warner Bros. said in a joint statement Wednesday.

By ERIN BEN-MOCHE

www.latimes.com

Singapore’s real crazy rich Asians

The Credit Suisse Global Wealth Report 2017 revealed that Singapore was home to 152,000 US-dollar millionaires, equivalent to about 2.7 per cent of the population of 5.6 million.

Tristan Jinwei Chan

www.scmp.com/lifestyle/article/2158202/what-singapores-real-crazy-rich-asians-spend-their-money-houses-they-buy

Foxconn plans semiconductor operations in China’s Greater Bay Area

The Taipei-based company, known formally as Hon Hai Precision Industry, will develop semiconductor design services, and semiconductor equipment and chip design in the city, according to the Zhuhai government’s website. This strategic cooperation was first reported by The Wall Street Journal on Friday.

Terry Gou Tai-ming, the billionaire chairman and chief executive of Foxconn, said in a statement on the Zhuhai website that the development of the Greater Bay Area – a Chinese government initiative to integrate the economies of Hong Kong, Macau and nine cities in Guangdong province – “has brought a rare opportunity for Zhuhai”, which aims to develop a semiconductor services industry.

The strategic cooperation between Foxconn, the main supplier for Apple’s iPhone, and the Zhuhai government has come several weeks after the company broke ground on its US$10 billion liquid crystal display plant in the US state of Wisconsin.

That pact represents another effort to support China’s goal in developing a strong domestic semiconductor supply chain and become more competitive with chip industry leader the US.

China makes more than 90 per cent of the world’s smartphones, 65 per cent of personal computers and 67 per cent of smart televisions, according to estimates from Bernstein Research. But the country has had to buy much of the chips that go into these devices from abroad. Annual chip imports by China have risen to more than US$200 billion since 2013 and reached US$260 billion last year.

Celia Chen

www.scmp.com/tech/enterprises/article/2160265/foxconn-plans-semiconductor-operations-chinas-greater-bay-area

The International Day for the Remembrance of the Slave Trade and its Abolition, August 23, memorialises transatlantic trafficking.

August 22, 1791, marked the beginning of the slave uprising in Saint-Domingue (present-day Haiti), which not only led to freedom and independence for the island in 1804, but also served as a starting point for the abolition of the transatlantic slave trade, which spanned more than 300 years.

Slavery was, of course, rife around the world, and the word “slave” entered Middle English from the Old French esclave, which came from the Medieval Latin (circa 800) sclavus (also giving the Italian schiavo and Spanish esclavo), which came from the Byzantine Greek (circa 580) σκλάβος.

Also curious are the Slavic origins of “slave”, which lie in the Slavonic base of the Old Church Slavonic rab/rob, the Old Russian rab/rob, and the Old Czech rob, developing to encompass meanings of forced labour and drudgery in old and modern forms of the Russian rabota, Czech robota and Polish robota. The West Slavonic form entered Middle High German in the early 14th century as robāt, becoming the German robot. This got borrowed into the English “robot”, referring to the central European system of serfdom, in which a tenant’s rent was paid in forced labour or service.

It was the Czech robot, borrowed via Karel Capek’s 1920 play R.U.R. (standing for “Rossum’s Universal Robots”), which gave English the meaning of an intelligent artificial being typically made of metal and resembling in some way a human or other animal.

Just as the world has dispensed with several of these forms, so should it the practice of modern slavery, which still holds more than 40 million people worldwide in insti­tutional, often unpaid, forced labour.

BY LISA LIM

18 AUG 2018

ttps://www.scmp.com/magazines/post-magazine/short-reads/article/2160124/what-robots-and-slaves-have-common-tracing-words

Asia’s priciest address on offer as five villas set for en bloc sale at The Peak, asking US$298 million...

A luxury low rise development comprising five town houses at 3 Plunkett’s Road on The Peak, which have been held empty by the builder Tai Cheung Properties for seven years, is being offered for collective sale at HK$2.34 billion (US$298.22 million). The five properties feature extravagant interior decorations, each fitted with custom built furniture, original oil paintings and hand crafted chandeliers. 
Sandy Li.
www.scmp.com/property/hong-kong-china/article/2146222/asias-priciest-address-offer-five-villas-set-en-bloc-sale