US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%

US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 1.14%. While S&P 500 was trading at 3,701.66, up by 0.98% and Nasdaq Composite 10,690.60 was also up by 0.71 per cent

Twitter Facebook Linkedin
US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%
Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. Source: Reuters
US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 345.25 points or1.14 per cent. While S&P 500 was trading at 3,701.66, up by 35.88 points or 0.98 per cent and Nasdaq Composite 10,690.60 was also up 75.75 points or 0.71 per cent. A Reuters report said that today’s strength was on the back of a report which said the Federal Reserve will likely debate on signaling plans for a smaller interest rate hike in December, reversing declines set off by social media firms after Snap Inc’s ad warning.

Source: Comex

Nasdaq Top Gainers and Losers

Source: Nasdaq

Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. The BSE Sensex ended at 59,307.15, up by 104.25 points or 0.18 per cent from the Thursday closing level. Meanwhile, the Nifty50 index closed at 17,590.00, higher by 26.05 points or 0.15 per cent. In the 30-share Sensex, 13 stocks gained while the remaining 17 ended on the losing side. In the 50-stock Nifty50, 21 stocks advanced while 29 declined.

New Eco Fashion

Eco-fashion is about more than your look; it’s about how your look came to be. Designers who choose to integrate planetary consciousness into their clothing collections ask important questions: What kind of fiber was used to make that T-shirt? What type of dye was used to color that skirt? How did those pants get to this store? But though more and more designers- both established and new-are designing clothing with an environmental eye, greening your closet on a budget is not as simple as taking a trip to the mall. Try tossing around green lingo like “ingeo,” “soy,” “bamboo,” “cocona,” or “organic cotton” in your local clothing store and check out the looks you get.But it is possible to fill your closet with affordable, stylish clothing that was made responsibly. You simply have to know where to look. As with conventional fashion, environmentally minded clothing created by the world’s top designers carries some of the world’s top prices. So to keep his or her wardrobe up to date, the fashion forward, budget-conscious Lazy Environmentalist must rely upon a knack for uncovering deals and a willingness to embrace new designers, business practices, and retailers. Here’s some advice for choosing the right looks for you and the planet.KNOW THE MATERIALS Green fashion begins with eco-conscious fabrics, so it’s important to know your materials. Currently there is a (growing) list of materials that are considered healthful and more sustainable for humans and the planet. Organic cotton is the most prevalent- and accessible-of the bunch, accounting for about 70 percent of all eco-fashion sales. Unlike its conventional counterpart, organic cotton is grown without the use of toxic pesticides and insecticides -many of which are considered carcinogenic. Globally, 25 percent of all insecticides and 10 percent of all pesticides are sprayed on conventional cotton, so going organic not only removes the toxins from your T-shirts, underwear, and socks (and anything else made of cotton) but also eliminates a lot of poison from the environment.Fabrics made from other naturally grown crops like soy, corn (called “ingeo”), and bamboo are also considered earthfriendly because they grow and replenish rapidly. And many athletic garments include fabrics derived from coconut shells, which help moisture evaporate, absorb odor, enhance cooling, and provide UV protection. This wonder coconut fiber is called cocona, and it’s currently being used by brands like Cannondale, Marmot, New Balance, and Champion.On the other hand, synthetic fibers like nylon, spandex, and polyester are usually derived from oil, a finite resource that is presently at risk of being depleted and is also one of the main culprits of pollution and greenhouse gas emissions. But materials don’t have to be grown to be earth friendly. Used plastic soda bottles made of PET (Polyethylene Terephthalate) can be recycled and transformed into polyester products such as strappy dresses, comfy T-shirts, or cozy fleece pullovers. Recycling materials for clothing (or anything else for that matter) is an environmental win because it reduces our dependence on virgin natural resources, reduces the amount of energy necessary to convert those natural resources into new products, and helps keep waste out of landfills. Less waste in landfills equals less methane released into the atmosphere (methane is a greenhouse gas that’s 20 times more harmful than carbon dioxide and is produced as garbage decomposes). Designers and fashion labels that utilize greener fibers are quite literally a breath of fresh air.EMBRACE NEW FASHION LABELS Those of us determined to green our jeans will find that most ecoaware denim is priced at or above $150 a pair. But there are exceptions. Good Society delivers high-style, fair-trade certified organic cotton jeans for about $100. Not only is the styling clean and sharp, but every pair purchased also helps provide fair wages for the workers who produce them in India. When we think about “going green,” we typically focus on reducing our environmental impact. But fair-trade certification also ensures that the people making the products we use are not exploited in the process. This helps to create a web of positive change-a good society, if you will. And for Aiden Dingh, Good Society’s co-founder, it’s not enough to sell clothing that respects both the people who make it and the environment we live in, it’s also essential to make those items affordable. While Sling and Stones, Dingh’s original organic cotton denim line, carries designer prices, Good Society makes eco-chic clothing accessible to a broader audience. You can find the collection at big national retailers like Urban Outfitters and at smaller boutiques across the country. Good Society keeps the good going by giving 10 percent of its profits to environmental causes.As eco-aware designers are busy experimenting with new materials and inventive manufacturing techniques, some are also altering the traditional business model. Nvohk, a surf-inspired, eco-clothing company believes that business as usual is business as boring. Based on a model called “crowd- unding,” nvohk customers- or “members,” as the company calls them-contribute $50 and are able to vote on every major business decision like company logo design, clothing design, and even advertising. Once 60 percent of the members agree on a course of action, the management team implements the decision.Members receive a 25 percent discount on all products and collectively share in 35 percent of all net profits via reward points that can be redeemed for nvohk clothing (the company’s corporate structure prohibits the distribution of cash to its members). The model is designed to accommodate 40,000 members, but the business plan went into effect in June 2008 when 3,000 members had registered via the company’s website, Projectnvohk.com. Nvohk is market-based supply-and-demand economics set at mach speed: cutting out the middlemen and channeling customer preferences (demand) directly into manufacturing decisions (supply). Like any new concept, nvohk will undoubtedly attract a fair share of detractors, but several thousand people are already jumping at the chance to be part of a company that feeds the green economy by utilizing sustainable materials like organic cotton while donating 10 percent of net profits to environmental organizations.

What Are The Greatest Changes In Shopping In Your Lifetime

What are the greatest changes in shopping in your lifetime? So asked my 9 year old grandson.

As I thought of the question the local Green Grocer came to mind. Because that is what the greatest change in shopping in my lifetime is.

That was the first place to start with the question of what are the greatest changes in shopping in your lifetime.

Our local green grocer was the most important change in shopping in my lifetime. Beside him was our butcher, a hairdresser and a chemist.

Looking back, we were well catered for as we had quite a few in our suburb. And yes, the greatest changes in shopping in my lifetime were with the small family owned businesses.

Entertainment While Shopping Has Changed
Buying butter was an entertainment in itself.
My sister and I often had to go to a favourite family grocer close by. We were always polite as we asked for a pound or two of butter and other small items.

Out came a big block of wet butter wrapped in grease-proof paper. Brought from the back of the shop, placed on a huge counter top and included two grooved pates.

That was a big change in our shopping in my lifetime… you don’t come across butter bashing nowadays.

Our old friendly Mr. Mahon with the moustache, would cut a square of butter. Lift it to another piece of greaseproof paper with his pates. On it went to the weighing scales, a bit sliced off or added here and there.

Our old grocer would then bash it with gusto, turning it over and over. Upside down and sideways it went, so that it had grooves from the pates, splashes going everywhere, including our faces.

My sister and I thought this was great fun and it always cracked us up. We loved it, as we loved Mahon’s, on the corner, our very favourite grocery shop.

Grocery Shopping
Further afield, we often had to go to another of my mother’s favourite, not so local, green grocer’s. Mr. McKessie, ( spelt phonetically) would take our list, gather the groceries and put them all in a big cardboard box.

And because we were good customers he always delivered them to our house free of charge. But he wasn’t nearly as much fun as old Mr. Mahon. Even so, he was a nice man.

All Things Fresh
So there were very many common services such as home deliveries like:

• Farm eggs

• Fresh vegetables

• Cow’s milk

• Freshly baked bread

• Coal for our open fires

Delivery Services
A man used to come to our house a couple of times a week with farm fresh eggs.

Another used to come every day with fresh vegetables, although my father loved growing his own.

Our milk, topped with beautiful cream, was delivered to our doorstep every single morning.

Unbelievably, come think of it now, our bread came to us in a huge van driven by our “bread-man” named Jerry who became a family friend.

My parents always invited Jerry and his wife to their parties, and there were many during the summer months. Kids and adults all thoroughly enjoyed these times. Alcohol was never included, my parents were teetotallers. Lemonade was a treat, with home made sandwiches and cakes.

The coal-man was another who delivered bags of coal for our open fires. I can still see his sooty face under his tweed cap but I can’t remember his name. We knew them all by name but most of them escape me now.

Mr. Higgins, a service man from the Hoover Company always came to our house to replace our old vacuum cleaner with an updated model.

Our insurance company even sent a man to collect the weekly premium.

People then only paid for their shopping with cash. This in itself has been a huge change in shopping in my lifetime.

In some department stores there was a system whereby the money from the cash registers was transported in a small cylinder on a moving wire track to the central office.

Some Of The Bigger Changes
Some of the bigger changes in shopping were the opening of supermarkets.

• Supermarkets replaced many individual smaller grocery shops. Cash and bank cheques have given way to credit and key cards.

• Internet shopping… the latest trend, but in many minds, doing more harm, to book shops.

• Not many written shopping lists, because mobile phones have taken over.

On a more optimistic note, I hear that book shops are popular again after a decline.

Personal Service Has Most Definitely Changed
So, no one really has to leave home, to purchase almost anything, technology makes it so easy to do online.
And we have a much bigger range of products now, to choose from, and credit cards have given us the greatest ease of payment.

We have longer shopping hours, and weekend shopping. But we have lost the personal service that we oldies had taken for granted and also appreciated.

Because of their frenetic lifestyles, I have heard people say they find shopping very stressful, that is grocery shopping. I’m sure it is when you have to dash home and cook dinner after a days work. I often think there has to be a better, less stressful way.

My mother had the best of both worlds, in the services she had at her disposal. With a full time job looking after 9 people, 7 children plus her and my dad, she was very lucky. Lucky too that she did not have 2 jobs.