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Retailers across the country have a new marketing theme this summer: Turn your backyard into a vacation haven. It seems most families agree as playground and trampoline retailers have been selling out of stock."It’s just been a huge surge in sales and for everything we sell. Almost like a frenzy, in a sense," says Pete DeLois. DeLois owns Recreations Outlet in Cincinnati and Columbus, Ohio. He says their sales in April doubled their previous highest month."The most we’ve ever sold in any one month is little over 100. I mean, we sold 140 by the time we’d gotten through two weeks in April," DeLois said. Since Recreations Outlet pre-orders their equipment ahead of the spring and summer season, their inventory of playgrounds and trampolines quickly ran dry. DeLois put customers on a waiting list for up to 14 weeks."I also think some of the money they had maybe was allocated for vacations," says DeLois.Recreation Outlet shares space with a gymnastics facility which had to shut down during the COVID-19 pandemic. DeLois says many parents can spend upwards of 0 a month in gymnastics classes and are likely looking for a physical outlet for their kids."There isn’t anything in our product mix that they’re not looking for. We sell basketball goals, play sets, trampolines, they all are good solutions for getting the kids outside the house and away from inside the house. I’m sure parents are interested in kids getting fresh air but every one of them have been a mad dash," says DeLois.Pete is supposed to get another 40 trampolines in next week and says they'll be gone within two days. Even entry-level playgrounds are sold out. They usually aren't."I've been doing this for 30 years. With a seasonal business it’s always a challenge when you're in that season because you end up doing-- in this industry you do about 70% in a five to six month window but we‘re prepared for it because we’ve done it over and over again. But we weren’t prepared for this," says DeLois.Not prepared, but grateful that his business is doing well and helping families turn their backyards into a fun place to vacation at home this summer. 2141
President Donald Trump says he has asked the SEC to study whether to stop requiring companies to report quarterly earnings.In speaking to business leaders, one told him a twice-a-year reporting system would allow companies the flexibility and cost savings companies need to "Make business (jobs) even better in the U.S." Trump tweeted Friday morning. Trump said he directed the SEC to look into a change in its requirements.Public companies must report their sales, profits and the state of the company's balance sheet every quarter. That has been required since the Securities Exchange Act of 1934, which was put in place to give more confidence and transparency to investors in the wake of the 1929 stock market crash. That act also created the SEC, which sets the regulations which govern those quarterly reports.Businesses have long complained that the reports require company executives to focus too much on the short term. Juicing numbers impresses investors, but it can force companies to miss out on long term trends. One of the reasons Tesla CEO Elon Musk wants to take his company private, he told his employees last week, was the way quarterly reports distort decisions at the company.President Barack Obama has also criticized quarterly reports.Speaking to the New York Review of Books in 2015, Obama said that he had talked to a large number of businesses executives who told him, "Because they've got quarterly reports to shareholders and if they've made a long-term investment that may pay off way down the line, or if they're paying their employees more now because they think it's going to help them retain high-quality employees, a lot of times they feel like they're going to get punished in the stock market. And so they don't do it, because the definition of being a successful business is narrowed to what your quarterly earnings reports are."Shareholders, however, use the quarterly earnings reports as a guide to the quality and health of their investments. Without quarterly financial reports, investors could be blind to important risk factors that could damage their portfolios.The president has run privately-held companies that didn't have to report results at all during most of his time in business,The European Commission, among others, only requires semi-annual financial reports of companies there, although major European companies whose stock is traded in both the United States and Europe will report on a quarterly basis in order to comply with SEC regulations.The-CNN-Wire 2519
QUEEN CREEK, Ariz. — Conversations have been forced to change in children's classrooms. Many adults remember simply learning about a basic fire drill or what to do in a lockdown.But today, many teachers are having to teach kids what to do in case of an active shooter. Another safety net that is being used in places around Arizona, including Queen Creek Unified School District, is a donated, repurposed tool from the Queen Creek Fire and Medical Department: fire hoses. "They're cut into a certain segment. They are perfect to go over the hinges of our doors and that just adds this extra layer of security to our classroom," said Newell Barney Middle School science teacher Tammi Brewster. Brewster explained how the recycled and donated fire hoses from the fire department become a deterrent for any "bad guys" trying to get into a classroom and are now a part of their lockdown procedure called ALICE. ALICE stands for alert, lockdown, inform, counter and evacuate. Brewster said that the fire hose is part of a larger conversation with students regarding school shootings. It helps explain the procedure for active shooter or lockdown drills in a way that does not scare them, but empowers them. "It gives them a relief that, 'OK, all of this is going on in the news, in our society and I have choices I can make. I don't have to sit in a corner and be scared,' '' Brewster said. "The schools have their processes and their programs in place for a lockdown," said Queen Creek Fire Chief Vance Gray. "What we wanted to do was just assist by adding another layer of protection for the teachers and the students and the schools." Gray said his two children went to one of the schools where he has donated these fire hoses.While it is a piece of equipment he never hoped he would have to pass out, he knows taking action is the only thing to do. "If you can't change the way things are and make them exactly how you want them to be, then the best thing you can do is prepare," Gray said. He said they will continue donating their fire hoses whenever they go out of service. 2169
Reporting on data from a Phase II trial of the vaccine, the authors write that volunteers in the trial demonstrate similar neutralising antibody titres and T cell responses across all three age groups of 18-55, 56-79, and 70+. pic.twitter.com/8oBZNJEBTn— University of Oxford (@UniofOxford) November 19, 2020 316
RAMONA, Calif. (KGTV) – It was a nightly ritual. Steve Faught would put his dog, Riley, in his old Ford pickup and take him to a nearby baseball field to play fetch. On his way Thursday night, he stopped by Stage Stop Liquor and Gas to pick up a six-pack of beer. But he never made it to the field. Faught was found at the gas station with a major injury to his neck, according to the San Diego Sheriff’s Department. He was airlifted to a hospital for surgery but did not survive. His older brother, Jerry Faught, described him as funny, with a warm personality. “To him, life was a good place,” he said. “He was just the kind of person you’d like to know.” Faught heard the news from Steve’s wife, who called him at his home in Portland. His older brother instincts kicked in. “I couldn’t help him. I couldn’t save him. That’s hard,” he said. Homicide detectives are trying to piece together what happened and what led up to the altercation, but as of Friday morning they had not been able to locate any witnesses or surveillance video. The suspect, 26-year old Jarrett Wishnick, has been arrested for murder. 1169