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Entertainment

Evaluation: A Residence Supply, Shiny and Vivid

I received a package in the mail last week. Below the contents: pieces of thick, copper-colored foil; Vials of water, air, and gold paint; a booklet with photos of gold-painted dancers amid huge, crumpled pieces of the same foil; and a Google Cardboard viewer to turn my smartphone into virtual reality glasses.

This was all set up for the “home experience” of The Other Shore by Seattle-based dance and arts team Zoe Juniper (led by choreographer Zoe Scofield and visual artist Juniper Shuey).

The booklet proved to be an essential element because it contains QR codes that link to performance videos. On Tuesday evening, after a zoom presentation of the Jacob’s Pillow Dance Festival (which commissioned the project from Carolina Performing Arts and shipped the boxes), some of the links became active and some of “The Other Shore” could be explored. (If you haven’t bought a box yet, you’ll have to be content with my report for now.)

Virtual reality experiments are still rare in dance, and for me parts of the “The Other Shore” experience were excitingly new. The work is divided into two sections – Book 1 and 2 – but so far only sections of Book 1 are available. This is a series of 25 minute solos filmed with a 360 degree camera. Seeing them in VR gives new meaning to in-your-face dance.

The instructions recommend a swivel chair – a good idea as your perspective is centered and you often have to keep turning to keep an eye on a dancer circling around you. It really feels like you and the dancer are in the same room, almost touching. The intimacy is intense.

This room is a bit strange, however, littered with huge pieces of crumpled gold foil (a trademark of Zoe Juniper). The three published solos follow the same basic order. The dancer slips out from under the foil, arranges it, gets himself wet with a bowl of water and then pulls a pot of gold paint from a hole in the bottom and smears himself with it all over his body.

As this structure repeats itself using the same music, each dancer becomes differentiated and goes through a distinct transformation that manifests itself physically. In order to further differentiate each performer, we also receive a separate audio track in which the dancer’s birth story is told by his family members.

There is a certain tension between the mundane nature of these stories and the mythical claim of the work, between the everyday materials that are sent to the audience (to make the virtual experience more tangible) and the numinous intention (the title, the mystery of birth, the Suggestion, the divine essence from the navel of the world).

So far, all of the golden packaging promises more than it contains, although the technology does show potential for ritual magic. When I tried to watch without the VR glasses, I was much further from being bewitched.

The previous zoom presentation of various clips and montages was even flatter, almost a disservice to the project. But there was a look at Book 2, a series of group pieces where the viewer’s perspective is below the dance, lying on the floor and looking up. Even without VR glasses, the footage showed some exciting fun house mirror effects.

So there’s more to be expected as more videos will be released in the coming months. A live version will debut in Seattle next year, but Zoe Juniper has already shown that there are other shores of the home dance experience worth exploring further.

Categories
Health

EU prepares authorized motion in opposition to AstraZeneca over vaccine supply points

President of the EU Commission Ursula von der Leyen

Thierry Monasse | Getty Images News | Getty Images

LONDON – The European Union is preparing legal action against AstraZeneca for insufficient supply of its coronavirus vaccine, according to four people familiar with the matter.

The EU and the pharmaceutical company were at odds several times this year. Anglo-Swedish company AstraZeneca said it couldn’t deliver as many vaccines as the block expects in both the first and second quarters. This has delayed the rollout of Covid-19 vaccines in the 27 EU countries.

The European Commission, the EU’s executive branch, told the 27 European ambassadors at a meeting on Wednesday that they were considering legal action against AstraZeneca over these delivery issues, four EU officials who said they refused to be named due to the sensitivity of the issue CNBC Thursday. Politico first reported on the Commission’s plan late Wednesday.

“The commission wants to act quickly. It’s a matter of days,” one of the officials told CNBC over the phone, adding that the ambassadors had given “great support” to the legal process.

The same official stated that “few legal issues” were considered before the trial proceeded.

A second official said the Commission is taking this step to ensure that upcoming deliveries are as expected.

When a European Commission spokesman was contacted by CNBC on Thursday, he said: “It is critical that we ensure the delivery of a sufficient number of cans in line with the company’s previous commitments.”

“Together with the member states, we are examining all possibilities to achieve this,” said the same spokesman, without confirming or denying that legal action has been considered.

In March, the President of the European Commission, Ursula von der Leyen, expressed her disappointment with AstraZeneca during a press conference and said: “Unfortunately, AstraZeneca has produced too little and delivered too little. And of course this has painfully slowed the vaccination campaign. “

At the time, von der Leyen said the block was expecting 70 million cans from the company in the second quarter, compared to an originally expected 180 million.

Pascal Soriot, CEO of AstraZeneca, told EU lawmakers in February that low yields in EU manufacturing facilities were causing the delays.

A medical worker holds a vial containing the AstraZeneca COVID-19 vaccine at a vaccination center in Ronquieres, Belgium, on April 6, 2021.

Yves Herman | Reuters

Categories
World News

Tesla TSLA Q1 2021 car manufacturing and supply numbers

Tesla has just reported its vehicle production and delivery numbers in the first quarter for 2021. A total of 184,800 vehicles were delivered and 180,338 cars were produced.

Analysts had expected Tesla to deliver around 168,000 vehicles as of April 1, according to FactSet estimates. The estimates were between 145,000 and 188,000 deliveries.

Deliveries in the first quarter surpassed Tesla’s previous record of 180,570 deliveries in the fourth quarter of 2020.

All of the electric vehicles he produced were Model 3 sedans and Model Y crossover SUVs during the quarter, and none of the more expensive Model S sedans and Model X SUVs were made.

2,020 vehicles of the models S and X were delivered from stock, which, however, only corresponds to 1% of the total deliveries. In a statement, Tesla wrote that the company is “now in the early stages of ramp-up” for updated versions of the S and X with “new equipment installed and tested in the first quarter.

Elon Musk, CEO of Tesla, said in his last report on January 27th: “We were able to promote the Plaid Model S and X – Model S will be delivered in February and Model X a little later.” He added, “The Model S plaid, we’re in production right now.”

The S Plaid model is a luxury sedan that the company promises to go from 0 to 60 mph in less than 2 seconds and seat up to seven people with third-row seating. What is important to Tesla’s automotive margins is that the S and X models have a higher average retail price than the S and Y models. The Model S plaid costs between $ 79,990 and $ 149,990, according to Tesla’s website.

However, Tesla’s operations for the quarter ended March 31, 2021 were ultimately affected by a fire at its Fremont, California facility. Temporary closings, which Musk attributed to shortages of parts, a major chip shortage in the industry, problems with port capacity and the ongoing pandemic.

Tesla’s most recent shipments were more than 100% higher than the same period last year when the company first began shipping and mass producing the Model Y. However, Tesla Q1 shipments were up a little more than 2% vehicles from the quarter through 2020 when Tesla shipped 180,570 vehicles.

Deliveries are closest to Tesla’s reported sales.

During the company’s latest earnings call in 2021, Chief Financial Officer Zachary Kirkhorn said, “Especially for the first quarter, our volumes will have the benefit of an early Model Y ramp in Shanghai. However, S and X production will be discontinued due to the transition to new revised products. “

At an annual general meeting in 2020, CEO Elon Musk announced to shareholders that he expects deliveries to hit an implied range between 477,750 and 514,500 cars for the year. Tesla hit the mid-range of that window, shipping 499,550 cars for the year, the best sales volume ever.

Musk and Kirkhorn declined to provide specific guidance on deliveries in 2021 during that call, but said they would provide more clarity in the second quarter. Kirkhorn said on the conference call, “We continue to expect a long-term volume CAGR of 50%, which we could significantly exceed in 2021.” That goal was reiterated in the same appeal by Tesla’s then President of the Automotive Industry, Jerome Guillen. (Guillen has since taken on the role of President of Heavy Trucking.)

Fans and critics will both watch whether new battery-electric vehicles entering the market undermine Tesla’s lead in this category or have a more negative impact on internal combustion engine and hybrid vehicle sales. Startups and major automakers are introducing more EV models than ever before.

On March 29, Jeffries cut his price target for Tesla from $ 775 to $ 700. Analyst Philippe Houchois wrote in a note:

“Legacy-free 30-50% net growth and double-digit margin potential still support high multipliers, but Tesla is no longer unique as an EV game with preferential access to capital. Part of the edge began to erode, but slowly and Tesla is still leading on multiple fronts, from software to design to manufacturing, speed of execution and direct sales. “

– CNBC’s Jordan Novet contributed to the coverage.

Categories
Health

EU says AstraZeneca not doing sufficient to satisfy vaccine supply goal

A healthcare professional will prepare a dose of the Oxford / AstraZeneca Covid-19 vaccine at the vaccine center at the Brighton Center in Brighton, southern England on January 26, 2021.

Ben Stensall | AFP | Getty Images

LONDON – The European Union has asked AstraZeneca to do more to meet its contract with the bloc as concerns grow that the pharmaceutical company will again miss delivery targets.

It is not the first time that the EU and the drug giant have been at odds with each other. AstraZeneca initially offered to sell around 100 million Doses of his Covid-19 burst before the end of March. However, the company had to renegotiate that amount to just 40 million due to manufacturing issues.

The European Commission, the body that negotiates vaccination contracts on behalf of the 27 member states, is now concerned that this reduced amount will not be respected either.

“AstraZeneca vaccine supply: I see efforts but not ‘best efforts’. This is not yet good enough for AstraZeneca to meet its Q1 commitments,” said Thierry Breton, Internal Market Officer, Thursday evening on Twitter .

Data from the European Center for Disease Prevention and Control shows that 11.76 million doses of the AstraZeneca vaccine had been delivered as of Thursday.

“It is time for AstraZeneca’s board of directors to take on their fiduciary responsibility and do everything possible now to meet AZ’s commitments,” said Breton.

AstraZeneca wasn’t immediately available for comment when CNBC reached out on Friday.

The firm’s CEO, Pascal Soriot, told European lawmakers last month that the reason for the delays was the low return on EU plants. He also said his company was working around the clock to increase production and that it only had six months to prepare the sting, compared to other previous work that took years to develop a new vaccine.

EU “a watchful eye”

At a press conference last month, the President of the European Commission, Ursula von der Leyen, said the EU was “closely monitoring” AstraZeneca’s deliveries.

The supply problem has caused Italy to stop shipping AstraZeneca vaccines destined for Australia last week.

European countries can ban the export of Covid-19 vaccines if a pharmaceutical company fails to perform its contract and the vaccines are supposed to go to a country that is not classified as vulnerable. Low- and middle-income countries and neighboring countries are exempt from these restrictions.

Realizing that there may be further problems with AstraZeneca’s deliveries could lead Member States to stop further deliveries of this vaccine.

The introduction of vaccination is fundamental to the region’s economic recovery, and new problems with bumps could ruin the exit from the crisis.

European Central Bank President Christine Lagarde said on Thursday: “The ongoing vaccination campaigns and the gradual easing of containment measures – apart from other adverse developments related to the pandemic – support expectations of a significant recovery in economic activity over the course of 2021.” “

The EU vaccination program has so far been criticized several times. Some countries have complained that regulators are too slow to approve the bumps compared to other parts of the world. There were production and delivery problems. Bureaucracy at the national level has also hampered the process.

The EU has committed to vaccinating 70% of the adult population before the end of summer.

Earlier this week, the commission agreed with Pfizer and BioNTech to receive 4 million additional doses of their vaccine over the next two weeks.

On Thursday, the block also approved its fourth Covid-19 vaccine with the Johnson & Johnson candidate.

Categories
Health

Boeing says its 777X orders have fallen by a 3rd after supply delays

A Boeing 777X aircraft flies over the Boeing Everett Factory

David Ryder | Reuters

Boeing cut its backlog of 777X aircraft by more than a third after the aerospace giant announced new delays for the debut of its newest aircraft, according to a new securities filing.

The Chicago-based manufacturer said last week it doesn’t expect the 777X to go live by the end of 2023, more than two years later than previously expected. According to Boeing on Monday, the 777X order list at the end of 2020 was 191 compared to 309 in the previous year.

Boeing routinely removes aircraft from its order book because a billing rule dictates how orders that are at risk of being canceled are logged. In general, aircraft purchase agreements make it easier for customers to cancel orders when aircraft are delayed.

Boeing charged a $ 6.5 billion fee for delays on the 777X in the fourth quarter.

The company has removed hundreds of 737 Max orders from its order book under similar accounting rules and full cancellations. These narrow-body aircraft, Boeing’s best-selling jetliner, are flying passengers again after almost a while grounding for two years after two fatal accidents.

Boeing said last week that additional regulatory scrutiny of the larger 777X aircraft after the Max crashes, as well as weaker customer appetite for new aircraft amid the pandemic, would add to delays in the delivery of the wide-body aircraft.

Categories
Business

Peloton’s Speedy Rise Is Threatened by Its Gradual Supply

“It’s like telling someone you’re going to have a puppy and now you’re not,” said Ms. Sinclair. She’s now frustrated when she sees ads for Peloton and articles about the company’s founders and their lifestyle, she said. “They packed all of our money and this is where they are put on the cover of the magazine,” she said. “You can’t even give us our goods.”

The indignation has worsened due to apparent disruptions that some buyers claim allowed them to shorten earlier delivery times by compulsively clicking a link while rescheduling emails. In one case, so much data was released around Christmas that people who ordered in December said they had received bikes in the same month, while many who placed previous orders were still waiting. Peloton couldn’t explain how this happened.

Back in the day, when new Peloton customers went to Facebook to complain about the long wait times, fans defended the company, arguing it was worth the wait. That largely stopped at the end of last year, according to Crystal O’Keefe, who hosts a podcast with her husband Tom called “The Clip Out”.

“We have reached a turning point,” she said. “You can’t talk these people out of them anymore. It is overwhelmed with complaints. “

Peloton is now transporting some of its bikes by air to avoid congested ports, which is significantly more expensive. In late December, the company paid $ 420 million to acquire Precor, a US-based fitness manufacturer, which will allow Peloton to begin manufacturing motorcycles in the US in the second half of the year.

Competitors are trying to take advantage – SoulCycle was quick to announce that their bikes would be arriving within one to three weeks. Michael Sepso, a Manhattan entrepreneur, tweeted in late December that the Peloton Tread he ordered in October had not yet arrived. “Of course they have a hot product that is in great demand, but the service part of that was just annoying,” he said.

Several fitness manufacturers responded to his tweet with news about their products, he said. He canceled his peloton order and bought a treadmill from a competitor. It arrived in early January.

Categories
Business

Restaurant income has fallen, regardless of supply growth

The graph shows the weekly US restaurants

Source: UBS Evidence Lab

U.S. restaurant revenue declines as take-out and delivery contracts fail to make up for lost sales.

UBS Evidence Lab found that restaurant sales fell 69% for the week ended November 29. In the same week, takeaway sales and delivery increased 59%. However, total restaurant revenues remained in the red.

Industry experts predicted winter would further exacerbate restaurants’ problems during the coronavirus pandemic. Cold temperatures mean fewer customers are willing to eat outside, even if the facility provides heat lamps and blankets.

The winter weather has also spurred an increase in new Covid-19 cases, making consumers more cautious about eating and prompting governors and mayors to impose another round of restrictions on restaurants. New York City has once again banned indoor dining, while Los Angeles has suspended personal dining.

The pandemic has undoubtedly accelerated the shift to food delivery. EMarketer predicts that total third-party digital revenue will more than double this year to $ 44.94 billion.

Investors have closely followed the growth of third party suppliers. DoorDash, which made its public debut in early December, is up 55%. Its $ 50.3 billion market value surpasses that of Chipotle Mexican Grill, Taco Bell owner Yum Brands, and Domino’s Pizza.

However, delivery and takeaway sales won’t be enough to save some restaurants if these sales trends continue. The National Restaurant Association estimates that 110,000 establishments have already closed due to the pandemic. The new Covid bill, passed by Congress late Monday, means restaurants can apply for funding for the paycheck protection program. However, trade groups hope for more targeted help when President-elect Joe Biden takes office.