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Fake Hermès Birkin bags and other counterfeit luxury goods are popular not only with people on a budget, but also with those with deeper pockets, a new study suggests.
Researchers from the National University of Singapore analyzed millions of counterfeit purchases by American consumers from more than 24,000 U.S. zip codes on a major cross-border, e-commerce platform. They found that both lower- and higher-income individuals are “significantly more likely” to buy fake luxury items than middle-income consumers, according to a press release by INFORMS on Monday.
'Ghost ships' are vessels that disappear from public tracking systems, their location manipulated or their digital record misleading. An estimated 65% of outbound tankers crossing the Strait of Hormuz operate in dark mode, reducing visibility and increasing supply chain uncertainty. Misinformation in vessel tracking can cause manufacturing delays, compliance risks and financial losses. Layered verification processes, combining AIS data with other sources and escalation triggers for handling uncertain shipments, can help mitigate risk.
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MONDAY, June 1, 2020 (HealthDay News) -- For months, the coronavirus pandemic forced hospitals to delay elective surgeries as doctors turned their attention to treating COVID-19 patients, but the spigots on non-urgent procedures are about to reopen.
The coronavirus lockdown is seemingly down and out, as many Democrats in charge of big cities -- including several who once insisted on strict quarantine measures -- line up to champion the nationwide mass demonstrations over the in-custody death of George Floyd, sans social distancing.
What will a post-coronavirus commute be like when New Jersey reopens? Nothing like the traffic and transit crowding we saw before the pandemic, experts said.
In mid-May, Tampa Bay Rays pitcher Blake Snell started an uproar with comments he made about a potential COVID-shortened 2020 Major League Baseball season. "For me to take a pay cut is not happening, because the risk is through the roof... it's a shorter season, less pay… I gotta get my money," he said on a live Twitch feed. The former Cy Young Award winner, who in 2019 signed a five-year, $50 million contract, was pilloried as a very wealthy man worried about his fortune while an estimated 40 percent of households making less than $40,000 lost their jobs in March. The optics were not good. Snell hurried to clarify, telling the Tampa Bay Times, "It's just scary to risk my life to get COVID-19 as well as not knowing and spreading it to others. I just want everyone to be healthy and get back to our normal lives, 'cause I know I miss mine!"
Have you ever wanted to buy something, but waited patiently until it went on sale? Studies show that up to one third of customers shop strategically for the best deals.
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