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Customers look at appliances for sale at a Best Buy store in Miami, Florida, Oct. 8, 2021. However, the machine broke for the same reason again a few months later, and then again shortly after that. After the mechanic's third visit, Rathner said he told her, "You need to stop calling me and just buy a new dryer. watch nowHomeowners spend about 34% more on appliances than they did 15 years ago, "above and beyond inflation," Tomalak said. "Homeowners are purchasing appliances with more bells and whistles, but which become obsolete sooner and have more aspects to repair versus appliances years ago," he said.

Persons: Joe Raedle, Sara Rathner didn't, Rathner, Todd Tomalak, Tomalak, Brian Laung Aoaeh, Aoaeh Organizations: Getty, Finance, Zonda Media, Refashiond Ventures Locations: Miami , Florida, Richmond , Virginia, New York

Emirates airliners are seen on the tarmac in a general view of Dubai International Airport in Dubai, United Arab Emirates January 13, 2021. He told reporters Emirates would be prepared to order between 35 and 50 of the jets if Rolls-Royce improved both the durability and maintenance costs. Reuters reported on Monday that an order from Emirates for the largest version of the A350 appeared to be on hold over terms of engine guarantees with Rolls-Royce. With plans for an Emirates A350 order off the table for now, Airbus also saw a second major order from Turkish Airlines (THY) (THYAO.IS) slip off the show's agenda, industry sources said. Airbus said on Monday it had reached agreement "in principle" on a significant THY order.

Persons: Abdel Hadi Ramahi, Royce, Tim Clark, Christian Scherer, Trent XWB, Tim Hepher, Alexander Cornwell, Tom Hogue, Jason Neely Organizations: Emirates, Dubai International, United Arab Emirates, Rights, Airbus, Dubai, Boeing 777X, Royce, Reuters, GE, Boeing, Turkish Airlines, Thomson Locations: Dubai, United Arab, Rights DUBAI, Emirates, Egyptair, East, India

☆ Carrier Global expects strong 2023 as demand for cooling systems rises
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +1 min

Oct 26 (Reuters) - Air conditioner maker Carrier Global (CARR.N) on Thursday raised its full-year adjusted profit forecast, helped by robust demand for its heat pumps, refrigerators, and aftermarket repair services. Global warming and rising levels of air pollution have pushed up demand for air conditioners and purifiers, helping the Florida-based company drive its top-line growth. The company reported an adjusted profit of 89 cents per share for the third quarter ended Sept. 30, beating LSEG estimates of a 79 cents profit, and sending its shares up nearly 3% in morning trade. Carrier has also benefited from increasing demand for refrigeration products made for medical, food and beverages markets. The company now expects a full-year adjusted profit of $2.70 per share, higher than previous forecast of a $2.55 to $2.65 per share profit.

Persons: Carrier, Kannaki, Shinjini Organizations: Air, Carrier, Global, Thomson Locations: Florida, Bengaluru

FILE PHOTO: An Apple logo is pictured outside an Apple store in Lille, France, September 13, 2023. REUTERS/Stephanie Lecocq/File Photo Acquire Licensing RightsWASHINGTON, Oct 24 (Reuters) - Apple (AAPL.O) on Tuesday will announce plans to make parts, tools and documentation needed to fix its iPhones and computers available to independent repair shops and consumers nationwide, the White House said. In recent years, Apple executives have begun touting the longevity and resale value of its devices while making it easier to fix them and to access spare parts. Apple started distributing parts and manuals to some independent repair shops in 2019. While Apple has provided spare parts to repair shops since 2019, the California bill also requires it to supply diagnostic tools to those shops as well.

Persons: Stephanie Lecocq, Apple, Joe Biden, Lael Brainard, Brainard, Nathan Proctor, Proctor, Andrea Shalal, Stephen Nellis, Lisa Shumaker Organizations: Apple, REUTERS, Rights, National Economic, Manufacturers, Thomson Locations: Lille, France, U.S, California, Colorado , New York, Minnesota, San Francisco

While you can repair your credit on your own, many people find the process of repairing credit overwhelming and want to enlist help from a credit repair company. Beguin explains that "a credit sweep is an attempt to remove all negative accounts from your credit report, thereby 'sweeping' your credit report clean." How to choose a credit repair companyWhile you don't need to hire a credit repair company to fix your credit for you, it's important to know how to choose correctly if you decide against a DIY approach. Credit repair cost frequently asked questionsIs it worth paying for credit repair? Paying for credit repair is only worth it if there are significant errors on your credit report that need rectifying.

Persons: Steer, Mark Stewart, Erik Beguin, Stewart, Joe Camberato, Camberato, Beguin, we've, You'll Organizations: Austin Capital Bank, Dovly, Business, Visa, Credit, Lexington Law Locations: Lexington

One tool that can help you catch fraud and identity theft is credit monitoring. The best credit monitoring services are a good way to keep tabs on what's going on with your credit score and your credit report (although you'll probably still want to check in regularly). I signed up for free credit monitoring a few years ago using Credit Karma so I could stay on top of my financial health, my credit accounts, and my credit score. I opened the email and saw that a credit card from Old Navy was opened in my name. Thanks to credit monitoring, I was able to stop identity theft in its tracks before any charges were made.

Persons: you'll, I've, It's Organizations: Karma, Navy, Old Navy, Credit, Credit Monitoring, Chevron, U.S . FTC Locations: New York, Los Angeles

REUTERS/Jonathan Ernst/File Photo Acquire Licensing RightsWASHINGTON, Sept 14 (Reuters) - The Biden administration on Thursday imposed sanctions on five Turkish companies and a Turkish national, accusing them of helping Russia evade sanctions and supporting Moscow in its war against Ukraine. The move is part of a bigger package of measures hitting Russia with sanctions on more than 150 targets, including the country's largest carmaker. The U.S. State Department imposed sanctions on Denkar Ship Construction for providing ship repair services to previously designated vessels of a company connected to the Russian Defense Ministry. The U.S. also imposed sanctions on a major local copper producer - Russian Copper Company. The Treasury slapped sanctions on Finland-based logistics firms Siberica Oy and Luminor Oy, accusing them of sending a wide variety of electronics into Russia.

Persons: Joe Biden, Biden, Jonathan Ernst, reconvenes, Wally Adeyemo, we've, Sanayi, Denkar, Ilker Dogruyol, Dogruyol, Tayyip Erdogan, Humeyra Pamuk, Daphne Psaledakis, Polina Devitt, Gleb Stolyarov, Don Durfee, Alexandra Hudson, William Maclean, Paul Simao Organizations: Cancer, White, REUTERS, Rights, Turkish, Ukraine, Reuters, NATO, Treasury, . Treasury Department, U.S . State Department, Denkar, Russian Defense Ministry, State Department, ID Ship Agency, GAZ Group, Russian Copper Company, Siberica, Luminor, U.S, Kurdistan Workers Party, European Union, United, Thomson Locations: Washington , U.S, Russia, Moscow, Turkey, Washington, Ankara, Sweden, United States, Ukraine, Sea, Turkish, U.S, Finland, Kyiv, Hungary, London

Finland is a European Union member that supports sanctions on Russia and the most recent to join NATO. Both Turkey and the UAE have condemned Russia’s invasion of Ukraine but have not joined Western sanctions and sought to maintain ties with Russia. The latest sanctions package targets Russian companies that repair, develop and manufacture weapons, including the Kalibr cruise missile. Turkey, meanwhile, has tried to balance its close ties with both Russia and Ukraine, positioning itself as a mediator. Including the latest sanctions, the U.S. has targeted almost 3,000 businesses and people since Russia invaded Ukraine in February 2022, according to State.

Persons: Vladimir Putin’s, ” James O’Brien, Putin, O’Brien, “, ” O’Brien, ”, Richard Connolly, Alexander, Lukashenko, ” Connolly, Denis Manturov, Connolly, Tom Keatinge, Andrei Bokarev, Sergei Shoigu, Iskander Makhmudov, Alexei Krivoruchko, Wagner, Otar, Partskhaladze, Antony Blinken, Suzan Fraser, Jon Gambrell, Antony Blinken’s Organizations: United Arab, State, Treasury, NATO, State Department’s Office, Associated Press, State Department, European Union, The State Department, Russia’s Ministry of Defense, Oxford, Western, Russian Industry, Trade, Centre for Financial, Security, Royal United Services Institute, “, U.S, Russian Defense, Russian, Federal Security Service Locations: States, Russia, Turkey, United Arab Emirates, Georgia, Ukraine, U.S, UAE, Russia’s, Moscow, Finland, European, Belarus, Russian, ”, London, North Korea, Georgian, State, Ankara, Dubai

☆ Theater to See Near N.Y.C. in September: ‘Ulysses,’ ‘The Pianist’ and More
▼ + stars: | 2023-09-01 | by ( Laura Collins-Hughes | ) www.nytimes.com time to read: +3 min

Here is a chance to see it live, in a McCarter Theater Center-Berkeley Repertory Theater co-production. The play was a Pulitzer Prize finalist in 2007, when Vogel was on the jury. James Warwick directs the world-premiere production. Directed by John Collins, the company’s artistic director, this world-premiere production instead samples chunks from each of the novel’s 18 episodes, letting them erupt in all their verbosity, vulgarity, vivacity and — it is Joyce, after all — opacity. Cross that with the trans-Atlantic success of “Six,” and you arrive at this production: a Lizzie Borden rock musical with an all-female cast.

Persons: Paula Vogel, underproduced, Davis, Vogel, Donald Margulies, ”, Karen Allen, Reed Birney, James Warwick, Ulysses ’, “, James Joyce’s, Leopold Bloom’s, John Collins, Joyce, Scott Shepherd, Wladyslaw Szpilman, Polanski, Emily Mann, Iris Hond, georgestreetplayhouse.org, Lizzie ’, Lizzie Borden, Steven Cheslik, Tim Maner, Alan Stevens Hewitt, Lainie Sakakura, twhartford.org Organizations: McCarter Theater Center, Berkeley Repertory Theater, McCarter Theater Center , Princeton, Shakespeare & Company, Service, Fisher, New Brunswick Performing Arts Center Locations: California, N.J, Lenox, Dublin, Bard, Annandale, Hudson, N.Y, Polish, Warsaw, New Brunswick Performing Arts Center , New Brunswick, TheaterWorks Hartford, Hartford, Conn

☆ British defence firm BAE sets up Ukrainian base
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +2 min

Trade visitors walk past an advertisement for BAE Systems at Farnborough International Airshow in Farnborough, Britain, July 17, 2018. As the UK's biggest defence contractor, BAE has manufactured much of the equipment that Britain and other governments have provided to Ukraine as it fends off Russia's invasion. Britain is a key defence supplier for Ukraine and in May became the first country to start supplying Kyiv with long-range cruise missiles. BAE, which has benefited from increased defence spending as a result of the conflict, is already providing training and repair services to Ukraine's armed forces. Western defence companies have been weighing opportunities to make weapons in Ukraine against the possible security risks, Reuters reported in June.

Persons: Toby Melville, Volodymyr Zelenskiy, Charles Woodburn, Zelenskiy, BAE's Woodburn, Muvija, Sarah Young, Sachin Ravikumar, Frances Kerry Organizations: BAE Systems, REUTERS, BAE, Reuters, Thomson Locations: Farnborough, Britain, Ukraine, Kyiv, Ukrainian, Sweden, Swedish

Oleg Panteleev, head of the AviaPort aviation think-tank in Moscow, said Russian airlines have "solved the problem" of operating under Western sanctions. When those firms stopped providing services – Lufthansa Technik said it suspended sales to Russia from Feb. 28, 2022 – Russian airlines turned to a pool of far smaller suppliers. Ivan Melnicov, chief executive of Air Rock and another aircraft parts distributor in Moldova called Aerostage Services, denied selling products to Russia. Most of the shipments listed in Russian customs records as having been made by Air Rock and Aerostage took circuitous routes, transiting through the UAE or Kyrgyzstan. He said Skyparts had procured one of the Northrop Grumman parts from a U.S. supplier but denied ever sending it to Russia.

Persons: Paul Hanna, Northrop, Oleg Panteleev, Kirill Skuratov, Northrop Grumman, Ivan Melnicov, Melnicov, Aerostage, Kafolati Komil, Mahmadbashir Yakubov, Kafolati, Skyparts FZCO, Lisa Barrington, Saeed Abdulloev, Skyparts, Karine Bukrey, Ramses Turizm, Bukrey's, Ramazan, Bukrey, Akpinar, Nordwind, Valery Pashaev, Pashaev, Maurice Tamman, David Clarke, Daniel Flynn Organizations: Ural Airlines Airbus, Palma de Mallorca, REUTERS, Rights, U.S ., Northrop Grumman, Central Asia, Airbus, Boeing, Ural Airlines, Northrop, United Arab Emirates, Western, Reuters, of Commerce, European Union, Russian, S7 Airlines, Reuters Graphics Reuters, Aeroflot, Lufthansa Technik, Engineering, Rock Solutions, Air Rock, Aerostage Services, Airlines, UAE, Istikloliyat, Skyparts, Nordwind Airlines, Thomson Locations: Palma de, Spain, Russian, Yekaterinburg, U.S, Moscow, Russia, Central, Ukraine, Tajikistan, UAE, Turkey, China, Kyrgyzstan, Swiss, Germany, Moldova, Air, Moldovan, Saudi Arabia, Komilchon, Ural, Dubai, United Arab, Turkish, Antalya, Nusret, Technic, New York

☆ A French Festival Focuses (Timidly) on English
▼ + stars: | 2023-07-13 | by ( Laura Cappelle | ) www.nytimes.com time to read: +1 min

As soon as the Portuguese director Tiago Rodrigues took over at the Avignon Festival, France’s biggest theater event, he announced a symbolic move: Under his direction, there would be a special focus on a different language every year, starting, this summer, with English. There was wincing from some quarters: To many in France, English is already far too culturally dominant. Of several dozen productions in the official lineup of this year’s festival, which runs through July 25, only six plays are predominantly in English. So far, however, the most intriguing discovery has been the sole American entry, “Baldwin and Buckley at Cambridge,” from Elevator Repair Service. From tables on opposite sides of the stage, Greig Sargeant (Baldwin) and Ben Williams (Buckley) spar with effective solemnity.

Persons: Tiago Rodrigues, hasn’t, Tim Etchells, Alexander Zeldin, “ Baldwin, Buckley, James Baldwin, William F, Buckley Jr, Greig Sargeant, Baldwin, Ben Williams Organizations: Avignon, France’s, Royal Court, Cambridge, Repair Service Locations: Portuguese, France, Avignon, British, ”, United States

☆ A woman who works out of a tiny home and gets weekly massages at the office says her job has 'all the perks'
▼ + stars: | 2023-06-01 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +4 min

In January, Kylie Goodwin, who works in accounting, posted a TikTok video of offices in tiny homes. Goodwin said the workspaces within the tiny homes are just one of the perks of working there. An FHS employee responded by email to Insider's request for comment about the tiny homes but didn't provide more detail. Tiny homes are all the rage right now, from handcrafted luxury models that are over $175,000 to tiny homes sold on Amazon that cost a few thousand dollars. "My job has all the perks," Goodwin wrote.

Persons: Kylie Goodwin, Goodwin, —, Kylie Goodwin —, FHS, commenter Organizations: Service, FHS Property Management, Home Solutions, FHS Locations: Missouri, Springfield , Missouri

☆ India launches electronics repair pilot project to lure manufacturers
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, May 31 (Reuters) - India has launched a pilot project to establish itself as an electronics repair hub with certain favourable policy changes, which has already attracted companies like Lenovo and Flex, the country's IT ministry said on Wednesday. The three-month-long Electronics Repair Services Outsourcing (ERSO) program is India's first formal attempt to capitalise on a $100 billion global industry and follows a push by MAIT, an industry group for IT and electronics manufacturers. Besides, China's Lenovo (0092.HK) and Singapore-based Flex (FLEX.O), electronic manufacturers like CTDI, R-Logic, and Aforeserve have volunteered for the program, the ministry said in a statement. While India is seeing increased interest in electronics manufacturing, with companies such as Apple (AAPL.O) pivoting from production in China, its repair outsourcing industry has been beleaguered by certain import-export rules. In the pilot phase India will also permit re-export of the imported electronics goods to countries different from the original one - currently it is banned under foreign trade rules.

Persons: Aforeserve, Varun Vyas, Savio D'Souza Organizations: Lenovo, Flex, Reuters, Services, IT, HK, Apple, Thomson Locations: BENGALURU, India, Singapore, China, Bengaluru, Munsif, New Delhi

☆ Death of Ownership: Companies Use Software, Subscriptions to Grab Money From Customers
▼ + stars: | 2023-05-18 | by ( Nathan Proctor | ) www.businessinsider.com time to read: +11 min

As more devices in our lives run on software, manufacturers have started to exert more control over their products even after the customer has taken them home. In some cases, companies force customers to use their repair services, disabling the product if they try to fix it themselves. Companies are just beginning to monetize this control, with dystopian methods and the assistance of America's unbalanced copyright laws. For companies, the appeal of subscriptions is pretty straightforward: a steady stream of revenue and a lot more money raised from their customers over time. In other cases, companies have tried to block consumers from accessing certain features at all unless they pay up first.

☆ The future of growth
▼ + stars: | 2023-05-15 | by ( Sponsor Post | Sponsor Content Ey | ) www.businessinsider.com time to read: +6 min

But even when there's an economic recession, we invariably find a way to spend ourselves back to growth. New product launches, seasonal fashion, increasing portion sizes and an endless aisle of choice have collectively supported growth in consumer spending. It's become an accepted principle that progress is measured through growth and growth is driven by consumption. These changes are weakening the links between consumption, growth, and success. Today, growth and margin are indicative factors of how well a consumer company has delivered to the needs of the market.

☆ Retailers to tackle sustainability at key conference
▼ + stars: | 2023-04-24 | by ( ) www.reuters.com time to read: +3 min

They will discuss the challenges facing their businesses as inflation causes consumers in Europe and elsewhere to reduce spending. The European Commission is drawing up new rules on textile waste that will make companies responsible for managing the waste their products create. Decathlon, the world's biggest sporting goods retailer, sells repair services, spare parts and tools for people to repair their own bicycles, tents, and kayaks. Retailers are working with local authorities ahead of an EU law that will require member states to separately collect textile waste by Jan. 1, 2025. Firms including Decathlon, Mango, Inditex, and IKEA recently created an association in Spain for the management of textile waste.

"Tesla needs to open up its ecosystem and allow competition for the servicing of Tesla [vehicles] and sales of parts," said plaintiffs lawyer Matthew Ruan of Freed Kanner London & Millen, who filed one of the proposed class actions. The proposed class in both cases would include anyone who has paid Tesla for repairs or parts since March 2019. Ruan said the potential class includes hundreds of thousands of Tesla owners and lessees, so damages could total hundreds of millions of dollars. Tesla joins other major vehicle makers facing "right to repair" antitrust litigation over alleged exclusionary conduct. Read more:Harley-Davidson hit with class actions over 'right to repair' restrictionsU.S. FTC settles with Weber grills over 'right to repair'FTC votes to make 'right to repair' a priority, drops 1995 merger policyReporting by Mike ScarcellaOur Standards: The Thomson Reuters Trust Principles.

☆ Traditional automakers have one huge leg up on EV startups: A nationwide network of shops ready to service cars
▼ + stars: | 2023-02-16 | by ( Alexa St. John | ) www.businessinsider.com time to read: +6 min

But today's EV startups don't operate that way. When in need of service, car buyers typically utilize the massive dealership network automakers like Ford, GM, Toyota and others have, or choose to take their vehicle elsewhere. Unlike Tesla, today's EV startups can't afford to tick their owners off with waits or make prospective buyers worry about repairs and service. The right-to-repair movement is also going to be significant for EV startups moving forward. "It comes down to how confident a given consumer feels when going with an electric vehicle from a new EV brand versus a traditional car from a traditional car company," Brauer said.

☆ For one energy company, digital transformation was the catalyst for positive social impact
▼ + stars: | 2023-02-02 | by ( Sponsor Post | Created Insider Studios With Lenovo | ) www.businessinsider.com time to read: +5 min

Gas distributor SGN uses Lenovo's suite of products to help vulnerable customers out in the field. This human-centered approach honors Lenovo's commitment to innovation, while ensuring that SGN makes a positive social impact. The gas distributor uses Lenovo's whole ecosystem of products, including its moto g31 smartphones and ThinkPad X13 devices, to access digital resources to help vulnerable customers in the field. In turn, using Lenovo's products helps SGN to have a positive impact. Using a variety of Lenovo equipment plus Microsoft Teams software has enabled the company to achieve excellence when it comes to digital transformation.

☆ A charging iPhone 4 exploded and caught fire in an Ohio house while a couple and their 5 kids slept
▼ + stars: | 2023-01-21 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

An iPhone 4 exploded and caught on fire in an Ohio house while charging in the middle of the night. Resident Brian Leisgang and his wife passed down their old iPhones for their children to use. It's rare for old iPhones to catch on fire, though natural wear and faulty cables make it possible. "We were extremely lucky to avoid a house fire," Leisgang said in a Jan. 9 Facebook post of the incident. Old iPhones may not always be safe to chargeThe exploding phone incident highlights the potential dangers of charging older iPhones, something that the couple never considered before handing theirs down to their kids.

☆ Apple is raising the price of iPhone battery replacements
▼ + stars: | 2023-01-04 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +2 min

CNN —Apple is raising the price of battery replacements for all out-of-warranty iPhone models prior to the current iPhone 14 lineup, the company confirmed on its website. Starting March 1, Apple (AAPL) will charge $89 for battery replacements for iPhone X through iPhone 13 models, a $20 increase from the current price of a new battery. Battery replacements for other models, such as the iPhone SE and iPhone 8, will jump from $49 to $69. Apple first lowered the price of iPhone battery replacements from $79 to $29 in 2018, after it was discovered that the company deliberately slowed down the performance of older iPhones to prevent sudden battery shutdowns. In raising prices now, Apple may be responding to an uptick in the cost of products amid rising inflation and supply chain issues.

Dovly Uplift provides credit monitoring and monthly TransUnion credit reports and credit scores. Visa offers free credit repair for cardholders through Dovly UpliftOn Tuesday, smart credit repair company Dovly announced an agreement with Visa. The agreement will provide Visa cardholders with Uplift, a smart credit repair service created by Dovly for Visa cardholders, free of charge. In broad strokes, credit monitoring describes the process of checking your credit reports consistently to see if there are any errors or inaccuracies on your credit reports. While consumers can currently see their credit reports every week through the end of 2023, when that period ends, the Fair Credit Reporting Act only affords consumers three credit reports each year.

☆ A real-estate investor who owns 9 commercial properties explains how he retired at 32 after just 5 years of investing by branching into commercial properties over residential — and shares where he see
▼ + stars: | 2022-12-18 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +14 min

Justin Sloan retired at 32 years old, just five years after he started investing in real estate. Sloan did this by branching out to commercial real estate, which he prefers over residential. Buying his first residential propertySloan began researching other investable assets such as franchises and municipal bonds, but found the idea of real estate investing especially appealing. "I was that naive to the idea that you could hire someone else to take care of your real estate." That same year, he stopped opening more cell phone stores, and instead directed all his revenue towards real estate investing.

☆ See the pitch deck this startup used to raise $7.9 million to help homeowners find contractors for routine maintenance
▼ + stars: | 2022-11-02 | by ( Robert Davis | ) www.businessinsider.com time to read: +2 min

The home-maintenance startup Humming Homes has raised $7.9 million in seed funding. Its CEO walked Insider through a pitch deck that won over Thrive Capital and other investors. Humming Homes, which launched a tech-enabled platform in October 2020, aims to solve that problem by creating personalized, seasonal maintenance programs for homeowners for as little as $250 a month. Humming Homes operates in markets such as Florida, New York, and Connecticut. Mallick walked Insider through the pitch deck that helped Humming Homes secure its funding.

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