All right box on top of two dramatic developments were following the president about to speak to an audience a 40% off every program All right box on top of two dramatic developments were following the president about to speak to an audience in Granite City, Illinois Where he is going to be promoting his tax cuts So the right of your screen Facebook just getting cut and sliced and diced and shredded in one day That guy you see there lost 16 billion dollars in market value. What is more? His company absorbed a better than 100 billion market cap hit No company in the history of any country anywhere has absorbed a hit like that in one day But in the case of Facebook it is merely back to levels. It was that a little more than a couple of months ago So we're gonna follow all of this welcome everybody. I'm so happy to have you will not have to be your Facebook shareholder But you're still doing okay in the scheme of things. Let's get a look at what the president is going to be talking about in Illinois We've also got David or Bolton here with what everyone is talking about at the corner of wall and broad Let we begin with Leland Leland Neil we're just a couple of minutes away from the president coming to this steel factory here Granite City, Illinois Just across the river from St. Louis and these are the folks He is going to be highlighting the sum of the 800 new steel workers They've been brought on to this facility because of the tariffs They've got about 800 new employees say that could go even more Obviously the thing the president's not going to be talking about is the jobs lost because of his tariffs about 150 or so That we found just about two hours south of here because of the very same tariffs The president really trying to sell very hard the success of the tariffs We just had that president of us steel up here talking to his workers that this is a US steel plant And he kept talking about how much he needs his workers to put political pressure not only on state reps But also on their congressmen and on their senators and on the president to deny the Exclusions that so many other companies are trying to ask for from the steel tariffs It's very clear that he views the political pressure of his steel workers getting new jobs is something that they need to keep up On the administration is they're facing so much of a political backlash from those who are losing jobs Whether it be farmers or other manufacturers who are using the steel. It's now more expensive But as we're being told American made Neil All right. Thank you, Leland. Great work is always my friend now Let's go to do to Bolton on what happened to Facebook. What happens to Facebook? So that 100 billion dollar plus a route that you mentioned yield the biggest loss in stock market history So the stocks worst day ever by far by far. So it plunged 19 percent And that's where it closed 18 just over 18 on the downside So Facebook missed a quarterly revenue forecast But what was more concerning to investors was the outlook statement So the social networking company saying that its revenue growth rate will slow from last year now part of the reason Facebook is going to be investing more to focus on privacy, right? It's going to be spending a lot more money to accomplish its goals the CFO making a very specific statement saying it's going to be investing billions of dollars per year improving safety and security there after that bruising period where Facebook's role in enabling fake news and election meddling came up one Contextual point though the company's previous worst single-day performance. You have to go all the way back to July 2012 that is when the stock fell more than 11 and a half percent And that was after the company talked about mobile advertising and selling more mobile advertising And so you saw how that stock got punished at that point But it is worth noting that that is now 90 percent of Facebook's business and by the way today's drop well that makes up Mark Zuckerberg the founder and CEO his personal net worth Down about 16 billion dollars that of course is according to Forbes But you know, there are a lot of people of course saying listen this company still has two billion global users Okay, this is a hiccup and they will figure it out. So you have your optimist and your pessimist Fair and balanced Thank you very much did a bulletin and by the way that Tech selloff I contributed about a 1% hit in the Nasdaq something that might absorb some of the pain for those who are wondering about this Entire sector news after the bell that Amazon earned about $5.07 a share of the estimate was for $2.50 Now why do I mention Amazon in the context of what was going on today? A lot of people were hoping that that would provide some sell some hope for the markets that Facebook is its own unique deal that this selloff was Sort of targeted there and only there and everyone can calm down. Is that the case? Charles Payne is here. We got trader Alma Knuckman and Melissa Armo of the stock switch alright Charles Payne to you and the Amazon news. I know I'm just breaking that on you here But a lot better than expected. Wow If this number is as you know once a you know, sometimes there's a lot of factors and they come up with the real number But no the street was looking for $2.53. This is a double that Last year it was 40 cents just to tell you the exponential growth that they've enjoyed also to your point about the influence on the market In the first half of the year of all the S&P gains 36% came from Amazon now Consequently only a percent came from Facebook Probably why we saw something of a muted response if this is real and the guidance is just this wrong We're gonna have a monster session back in these tech names about tomorrow morning You know Alan when you look at this and you know now they're starting to pick apart Who's who in this whole tech bunch and right and maybe it's way too soon to say give up on Facebook The stock is still up, you know appreciably to put a mile a back level to levels. It was that a couple of months ago I think said that right the haves and have nots in that sector who would have Well, obviously Amazons come a long long ways, but we were just at all-time highs in Facebook You know pullback was natural. It wasn't the numbers that earnings numbers. They were great They had a lot of growth. It was the guidance and just talking about falling profit margins They're gonna make money at less a growth rate than than what they are right now So I like Apple here at these levels We just made new highs in Apple and if you look Apple and and and Facebook for whatever reason have been Trading at roughly the same price for many many months until this recent breakout in Facebook Facebook essentially gave up its gains in 2018 now. We'll see what happens But there's still up multiple hundreds of percent in the last few years So tech is definitely not over the 8050 is the NDX target, which is about 9% above where we are right now If you look at the decline that we had in February and that full V recovery you add them on top So we still have a lot more upside intact. All right. I'm by the way Amazon shares are trading after ours do Another 4% here. So my cushion the blow as people sort of assess the tech Sector Melissa, what do you think? I think definitely the market didn't show the negative reaction to Facebook today Facebook is kind of its own beast right now It dropped significantly over 40 points from last night and the market really rallied from some tariff news That came out right into the close yesterday And we did hold a lot of those gains on the trading today despite the drop-up and face No, I'm glad you pointed out Melissa because the Dow itself up about 112 points. That's be 500 Minus the tech side was doing quite fine. Thank you at Charles paying one of things you had alluded to and Melissa touched on very nicely this trade with the perception that the present is more pragmatic than his rhetoric seems to indicate Willing to move the ball forward with the Europeans assigned Maybe the same will apply to China, but the worries about that eased a little bit. What where do you see all that going? There's no doubt it eased a little bit and it's onto the big fight and the real big fight is US versus China But now perhaps we'll have the EU settled EU on our side also the liquid natural gas part of the deal Absolutely phenomenal big pushback against Russia and and and I think one thing that not it There's not getting enough press is maybe a reto nap the Sometimes in the next several weeks, maybe less than two months that would be absolutely huge Those are our biggest trading partners and would be wonderful if we can get those done So that the trading stuff may fade away and we'll get the focus 100% on the underlying fundamentals of this economy You know Alan, that's one of the areas that the president pounds and I would earlier and now in Illinois And an countless stops that that have this this notion that look This fixation on tapes and everything else and who said what to whom and Whether I was could have been more in your face with Vladimir Putin. Look at the economy. Look at these earnings Look at the backdrop Look at the jobs that are being gained. That's the purpose of these of these trips. That's the purpose again Pretty much everything this president is doing when he's on the stomp. What's your read on that from an investment perspective? I Agree there isn't maybe a method to the madness. I'm about results I don't necessarily need to know how we get there But we've been in a strong bull market for many many years and it's all about earnings This a lot of these things that could have been distractions have now been set aside And what you've seen repeatedly is the market sell off on the fear, but then when the reality hits in the actual You know policy is announced or or or the the issue is dealt with you see the markets the buyers come back in So we've seen that time and time again. This was another example with the you know, EU So we'll look for that to continue to happen That's how the markets are reacting to the president in this in this time of amazing Uncertainty, but you have to focus on the facts the facts are that we've got every economic metric is strong And now that we've got the dollar stop going up here with a key reversal top last week Making new one-year highs and a lower weekly close that could really be the next catalyst for all these markets the dollar Decline would be very very helpful to everybody, you know, Melissa when you look at this We should explain if I get back to Facebook and all this, you know, you know bigger something gets the heart of Will fall I understand that just to explain to a lot of people watching that the the hundred and You know 14 plus billion dollar hit that Facebook Had today was the biggest loss in stock market history for a single company in a single day You have to go back to Intel in September 2000 when it dropped 90 Million dollars in market cap on that particular day That was just as the whole internet bubble or whatever people were calling at the time seemed to be getting pierced But is it your sense? This is a Johnny one note in other words Facebook's unique issues the privacy issues and all of that are That's Facebook. It's not endemic to technology. It's certainly not in the Nasdaq Well, how do you tell your clients to to get get a grip in the middle of something? I wouldn't run back out and buy Facebook tomorrow even if it rallies it with Amazon in the market I'm telling you that the drop that happened isn't good and they've had a lot of negative publicity this year They weather the storm that's for sure They've made new highs last night over to 18 But I'm telling you they've had a lot of issues And so they are kind of in their own separate bucket because they have some problems That if you bought the stock over 180 where a lot of people bought in 200 then you were down this morning So I wouldn't run back out and buy it. Let Facebook prove itself Let it prove itself that it can fix some of these problems before you go out and buy it All right I'm Charles Payne, you know Ivanka Trump has been traveling with her father for this trip first in Iowa now In Illinois much of the theme of these remarks have been and a lot of these have happened during your mind show on FBN that The backdrop is a good economy the backdrop is a strong company and corporate earnings that have more than handily beaten the street again You know Facebook not withstanding. So so just give me a sense of that backdrop Let me let me put it in perspective because one of the things that the investors talk about are the lower taxes and fewer Regulations now the pushback the political pushback on that as well It's only benefiting the stock market or it's only benefiting billionaires I can tell you the first quarter this year buybacks a contentious issue. We're up about 43 percent year over year Expenditures on capital X on CapEx projects. We're talking factories big investments made the last three to thirty years up 200 percent nil 270 percent for manufacturing all those hard hats you see there they're making big money and they're getting big jobs across the Heartland of this country All right, thank you guys are very much the president has now arrived at this venue in Granite City, Illinois to talk things up He has teased More often than not the good economic numbers and including what is due out Friday morning Perhaps one of the more some little events of this economic


Hello Dr. Broek. It's nice to be here. Please sit down. Thank you. Wonderful that you'll be that you're back here in Rotterdam You have given presentations for our events in the last five or six years Also here in Rotterdam. I'm excited to have you back all the way from Puerto Rico Dr. Jaron Broek, you're the chairman of the Iron Rent Institute. You're an established author You're also an investment professional Who better to ask about ESG There's a lot of regulation coming out of the European Commission on ESG ESG means that pension funds must assess certain risk on the environment Social and governance when making investments in companies This regulation is said to be morally good you're not Investing in companies only because they're profitable, but because they're minding the environment They're minding the the the workers. They're minding the governance the diversity in the boards Pension funds struggle with the implementation of this legislation Their dilemma is if this legislation is morally good, but I'm still struggling What can they do? Well, one has to challenge the idea that this legislation is morally good That is if it is true that all these things are important to The ability of pension plans to do what they're supposed to do and what pension plans are supposed to do is Provide a pension to the pensioners. They're supposed to return a good profit They're supposed to return a certain rate of return So that the pension the money is there when the pensioners retire that they can pay them off That needs to be the single focus of pensions Trying to get pensions to now Set a social agenda a philosophical moral political agenda is wrong if government wants to regulate Businesses to behave in a particular way. That's a political decision. I think it would be a mistake But that's a political decision, but to in a sense outsource the regulation to the pensions is Wrong, and I think the people who should most be upset about this Are the pensioners? Because they're the ones who are putting their money at risk you mentioned the risk of Environment government, but there is no risk there if it was a real risk Then pensions would have to take into account anyway. That would be the fiduciary responsibility that would be part of maximizing the return for the pensioners or maximizing the risk adjusted return for the pensioners But the whole point is this is not about risk. This is not about financial risk. This is about politics This is about a particular social agenda that our politicians that the government would like to impose on business and is using pension plans To impose it by proxy and that is that is wrong It is unproductive and indeed I think it's what increases risk of the ability of pension plans to ultimately fulfill their responsibilities After we come back, I would like to ask you about Policies pension fund trustees may form to avoid this ESG legislation Does a spot on the cliff hangers in here Dr. Brooke, did you just explain to us that ESG legislation is politically motivated?  Well first I think that the pension plans have a fiduciary duty to the pensioners to fight this legislation So before the legislation ever gets passed They should be mobilizing to argue against it and they should mobilize The pensioners maybe politicians don't care about the trustees of the pension plans But they certainly should be caring because they're large numbers of voters of the pensioners The people are actually going to get a pension and there is a legitimate reason that the Trustees can go to the pensioners and say look what the politicians are doing is going to hurt your pension It's going to put at risk the return that you were promised that return that you expect And hopefully they can mobilize politically to challenge The legislation once the legislation is passed It becomes very difficult for the pensioners to say no I'm not going to do this But it's funny because if you look around the world at ESG Implementation Pension plans and mutual funds and other financial institutions that supposedly follow ESG if you look at their portfolios They're very similar to everybody else's portfolio. So what actually happens is they define ESG very very broadly Much broader than what the regulators and what the government would like them to define them as they define them in a way That includes almost everybody. Yes, there are a few companies that are excluded But almost everybody is included because they realize that what really is Their purpose is again that risk adjusted return that they have promised the pensioners So I think they need to stand up against the legislation. I think they need to fight it I think they need to try to change it. I think they need to try to soften it to give them as much flexibility as possible To design the product to fit the pensioners rather than the politicians Dr. Brooke, what do you think of the assumption that companies should not be focused on profit alone? I think it is a horrible wrong assumption I think if you understand what profit represents Then you understand that you cannot make a profit without treating your employees well You cannot make a profit long term without treating your suppliers and other so-called stakeholders well The fact is that the fiduciary responsibility of a business is to maximize its shareholders wealth over the long run It's to maximize the profitability the economic profitability not the accounting profitability the economic profitability of the business over the long run and that all of us as an economy as a society Benefit from companies that pursue that profit maximization over the long run and don't get involved in a variety of different social agendas in a variety of different political agendas that are Single-mindedly focused business is an enterprise that should be focused on creating value and profit is a Is a basically an illustration of the value that they're creating the more value creates The more profit there is value for whom? Value for your consumers value for the people you engage with all your different stakeholders What a beautiful Statement and which is very new to legislators apparently Thank you so much dr. Brooke for your visit all the way to Rotterdam It's been a pleasure to have this interview with you. My pleasure as always. Thank you honor


When considering prime costs and conversion costs, we are looking at the cost of production. We're looking at production costs as opposed to period costs. When considering production costs, we always think about direct materials, direct labor, and overhead. They should always come to mind when we think about production. Anytime we think about inventory, whether we make it or whether it be made someplace else, its costs include the direct materials, direct labor overhead. We here talking about a manufacturing company are going to apply these three items at this point in time because we are the individuals of the company that is manufacturing the product. So remember, it's not just the materials within the product, that's one component, but the other component is going to be the labor that we're going to put into it. The cost of the labor, the wages we pay are not going to be a period experience, but be part of the cost of inventory to be capitalized, be put on the balance sheet until we sell the inventory, put on the balance sheet as a piece of the inventory as an asset. And then the overhead, anything dealing with the factory, anything that deals with the factory will be part of the inventory. If we have depreciation on the factory, if we have maintenance on the factory, if we've got supervisors within the factory that are paid salary, all that stuff is going to be in the inventory in some way they're going to be part of the product. So anytime we think of inventory, we have direct materials, direct labor and overhead. Now when we consider these in terms of prime costs and conversion costs, there's a bit of an overlap here because the prime costs represent what is going to be directly within the product. Therefore the prime costs include the direct materials and the direct labor. Now the direct labor, we can't really see within the product of course, like the direct materials, but it's so closely associated to the product. It's so essential to the production that we're going to call those the prime costs. Now that's going to differentiate from conversion costs, although there are some overlaps. The conversion costs are the costs that we're going to have that will be used to convert the raw material to the finished goods, the cost that means that we're doing something, we're doing something to the raw material. So in the example of a guitar, the direct material would be something like the wood, the conversion would be anything we do to that in order to make it into a guitar. So conversion costs are then going to include as well direct labor and the overhead because the direct labor is going to be part of us processing it. And the overhead is going to be included anything that's in the factory because of course we need that factory in order to convert.


CBS Radio brings you Bob Bailey in the exciting adventures of the man with the action-fact-expense account. America's fabulous freelance insurance investigator. You're as truly shiny dollar. I'm a real cigarette, I'm a real cigarette. And for the 11th straight year, Camel outsold every other cigarette, filter, king size and regular. The best tobacco makes the best smoke. So if you're smoking more now, but enjoying it less, change to Camels. Get more real satisfaction every time. Start to really enjoy smoking again. I'm a real cigarette, a real cigarette, a real cigarette. Act one of yours truly, Johnny Dollar. Expense accounts submitted by Special Investigator Johnny Dollar to the TriWestern Life Insurance Company Corpus Christi Office, following as an account of expenses incurred during my investigation of the unholy two-matter. It was a little late in the day to ride all the way to Texas, but I managed to make a pretty good set of plane connections. So, expense account item 12720, plane fare and tips, Hartford to Corpus Christi. Item two, $4 even for a cab in from Cliff Mouse Airport to the Driscoll Hotel in North Broadway. As I was about to sign my name on a registration card for the benefit of the room clerk, well, I guess this is a pretty small world at that. And I'm sure you're going to find this room very comfortable, Mr. Dollar. Sure. I'll see you then. I'll see you first thing in the morning. There you are. Thank you, sir. Boy, take Mr. Dollar's bags up the room. Dollar? Excuse me. Did I... I hear the name Dollar? What's up? Johnny Dollar, the insurance investigator. That's right. Who are you? The name is Doug Johnstone. Johnstone? Yes. Funny. Remember the name of Johnstone dramatizes all these cases I handle so we can put them on the air. Checked Johnstone. That's right. Well, I'm his younger brother, Douglas. No kidding. No kidding. I had to know you. Hi, Johnny. Listen, I'm in a big hurry. I've got somebody waiting for me. But I hope we can get together while you're here in town and tear that brother of mine to pieces or something. Sure, why not? If you're down here working on a case, I can be any help to you. Hey, wait a minute. Are you here to look into the Peterson matter by any chance? Well, frankly, I haven't the least idea. Can you tell me this? Did Jack Price, over at TriWestern Life, send for you? Yeah. Clerk, may I have a piece of paper, please? Oh, yes, sir. Here you go. Sorry, I've got to rush out of here, Johnny, this way. Well, who is there, Peterson, Doc? Here's my address and phone number. That's both the home and the office. All right. Now, maybe I can be at help to you, so don't lose that. Yeah, OK, thanks. But now it doesn't... Because if it is on account of old man Peterson, Johnny, well, I've got some ideas about it. And then, well, they could be helpful to you. If, as I say, that's why you're here. So what kind of it is? Well, you know he was supposed to have died because his heart gave out on him. No, no, I didn't know. Oh, yeah. But if you ask me, well, if it turns out this is the case you're working on, well, you give me a call now, will you? Yeah, sure. But look, why not tell me what you know about it? Well, Johnny, after all, you may be here for something entirely different. Maybe, maybe not. Well, why don't you see first what Jack Price has to say? Well, now look, Doc, you said, Johnny, this theory of mine could be all wrong. About the death of some man named Peterson. Yeah. John Ridgway Peterson. Well, come on. Tell me anyhow. What is your theory? Well, it may not mean anything to you. You may have no interest whatsoever in Peterson. Oh, come on. Stop beating around the bush, Doug. What do you think about his death? Well, okay. Murder. What? Yeah, Johnny. Murder. Because neither of us really knew if I'd become involved in it. That was all he'd tell me at the moment. And as he said, he had to run off to meet somebody. It was late, and I was tired after the plane trip, so I grabbed a bite to eat. I'd sign him three, two and a quarter, then hit the sack. The first thing in the morning, I was in Jack Price's office at Tri-Western. Well, no, I didn't mean to sound in a rush for you to get down here, Johnny. On the other hand, the hotter the trail, the easier it is to follow. Who's trail, Jackson? Sterling Peterson, beneficiary of his uncle, John R. Peterson's life insurance policy. 100,000 clams. Yes. And what's happened to him? The nephew's Sterling, I mean. He simply disappeared. When? About the same time his uncle died, apparently. When was that? Five days ago. Funny that he should leave town when he was about to be presented with that wad of insurance money. He didn't know that he was his uncle's beneficiary. Oh? No. Old John Peterson never told him. Actually, the old man didn't particularly want to leave it to this nephew, but, well, why not? Oh, they never really got along, as I understand it. The old man had been a hard worker all his life, and Sterling is anything but. Nonetheless, he named him his beneficiary, so that's that. And his heir to whatever else there is to the estate, huh? No. That goes to Sterling's half-brother, Paul. Much of an estate? Certainly not as much as the insurance. The old man didn't have much use for either of them, Johnny. But since they were his only surviving relatives, since they'd probably get everything he left anyway. Yeah, see what you mean. Does Paul live here in town? Yes. What does he do for a living? Apparently, he has some money in the stock market. And Sterling? Johnny, I don't know what he lived on. No visible means of support kind of thing. You know what I mean? Uh-huh.  His landlady said he wasn't there. Hadn't been there for a couple of days. That he'd simply packed up his things and left. Well, I'll give you the address. Yeah, do that. Then I called his brother, but Paul didn't know where he was either. Just disappeared. That's right. I wonder why. Who knows? Have you called the police? Why? Just because a man suddenly leaves town? That's hardly a reason to call in the police, Johnny. Maybe, maybe not. What? Sterling didn't know he was beneficiary of this policy. No. But maybe he did think he'd get some of the estate. If he were lucky and the old man turned up dead, then maybe Sterling needed money. I understand he always did. So if he could help the old man on his way... No, Johnny. The doctor said it was a heart attack. Yeah. Well, there are a lot of ways to make it look like a heart attack, as the Vinnan autopsy. Well, no. Then have one made. The insurance company's entitled to one. But you're saying Sterling murdered him? Maybe. Johnny. Just, uh, go ahead and order that autopsy. In the quarter for a taxi, I found Doug Johnstone in his office, a small place, but with a cluttered desk of a busy man. Full of stock market reports, that sort of thing. Doug brushed him aside and got right to the point. Yeah, I've got to know a lot about Sterling Peterson lately. Now, you see, I have interest in a handful of oil wells, a gas compressor station, things like that. Ah, lucky, man. Well, I spend quite a bit of time over at Merrill Lynch trading in the stock market. You met Sterling in a brokerage office? Well, that's where I met his brother, Paul. That's where I learned about Sterling. It seems he was always trying to get money out of Paul. Yeah, I take it Paul is pretty well-heeled, huh? Hardly. He's a sharp one. He has a pretty wild idea of how to make money in the market. What do you mean by that? Well, you know, it's always flattering for someone to ask your advice. Actually... Well, I'd recommend he buy something like IBM, good solid stuff for a stable company like US Steel, AT&T. Ah, no, they're wrong with that, brother. No, but instead he'd throw his money into some crazy penny stock like, well, a golden dream uranium company. It was being pushed by some crooked promoter, some boiler room operator. Ah, see what you mean. I'd suggest Union Carbide. He'd end up with some speculation nobody ever heard of him, and so on. Yet somehow he managed to stay solvent. The point is, Sterling was always going to Paul for money. Money for what? Oh, to pay off his gambling debts. You know, much as I hate to admit it, civic pride and all that sort of thing, there are plenty of places in and around this town to gamble. Yeah, so I've heard.  Well, you see what I mean. Yeah, yeah. And Sterling never really worked for a living. No, and he was always in debt up to his ears. Isn't it possible he simply left town because his debts had caught up with him, some of his creditors were getting tough with him? Well, Sterling needed money badly, and, well, Johnny, I think he finally reached the point where he was willing to kill to get it. His own uncle? If what Paul has told me about him is true, yes. Now, you remember, he thought that he would inherit part of the estate. Ah, which, of course, was wrong. But he didn't know that, not then. Then he's running away. Well, the way I look at it, Johnny, if he did kill his uncle... And you think he did? Yes, yes, I do. Wow. Well, when he found out he wouldn't get his uncle's money, his property, after all, that he'd killed him for nothing, he didn't know about the insurance, you know? Yeah, I know. Well, what was left for him around here? All by? Nothing, nothing but a lot of creditors pounding on his door. And once people begin to think about that, they might get suspicious, start asking him questions about his uncle's death, questions that he didn't have good answers for. Yeah, but to run out is the surest way in the world to arouse suspicion. I know, I know.  Well, what do you think? Well, I'm not sure. But thanks. I, uh... I'll see you later. I took a taxi over to the place where Paul Peterson lived. That's item six a buck and a half. It was a nice apartment in a fairly good neighborhood. But he wasn't home. I had him seven a dollar even for a cab to the brokerage house Doug had mentioned. I talked to Wayne Stockson, a friend of Doug's. He hadn't seen Paul Peterson around there for several days. Well, Paul said something about going out of town, dollar, to look at some of the companies he considers investing in. I see. When he gets the money from his uncle's property and so forth, Paul will have quite a bit to play with. And play with is the proper term. Despite our advice to avoid so many cheap speculations. I've heard he's a bit of a plunger. Yes, I'm afraid so. Well, if he does come around, Wayne, ask him to call me immediately. I'll be at the Robert Driscoll. Hey, two dollars for a late lunch. I had him nine a dollar, thirty for a cab to Jack Price's office. Now, wait a minute, Johnny. Yeah? Instead of hunting for Sterling Peterson, you're just hanging around hoping to find out the old man was murdered. Well, give me time, will you? But I tell you, the doctor who was with him when he died said it was heart failure. And I tell you, Jackson, there are plenty of ways. There are medical tricks. I can't believe... Hold it a minute, Johnny. Price speaking. Yeah? Well, ready? Well, Doctor, what did you... What's the matter, Jackson? How did you know? How did I know what? The autopsy. Yeah? You were right. Apparently, some drug substituted for the digitalis the old man was taking. You mean Doug Johnstone was right? The old man was murdered. Yes, Johnny. Murdered. Act two of yours truly, Johnny Dollar, in a moment. Welcome, Recording Star Mel Tormey. It's terrible trying to sing with a bad cold. So I always take four-way cold tablets to relieve cold miseries fast. Good idea. 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Expense account, item 10, $1.70 for a taxi to the cheap rooming house where Sterling Peterson had lived before his mysterious disappearance. The landlady turned out to be quite helpful. Well, that chisel and gnaw account 10 horn gambler owed me two months back rent, Mr. Dollar. Well, if we can find him, only I'm beginning to doubt it. And you ask me, there's something mighty suspicious about the way he picked up and left. Yeah, what do you mean, Mrs. Tomey? Well, now, here. Here, now, you look for yourself. You see all them empty hangers and that closet there and them empty doors I pulled out on the bureau. So what? It took every stitch or close he had. How he ever stuffed them all in them two little suitcases he owned would have been impossible. Uh, so he picked up a tour over a couple of more handbags. And without me seeing him, come in here with him? You apparently didn't see him leave. Well, look here, in the medicine cabinet in the bathroom. Every seat. Yeah, that is funny. Well, it sure is. Man, not taking along his comb and razor and shaving things, and his toothbrush and his hair tonica. I don't care how much of a hurry he was in. Uh, Mrs. Tomey, the day that Sterling Peterson disappeared. You mean the night he disappeared, don't you? Do I? All that day he just sat around here and said he was waiting for his brother. His brother had promised to come and see. Oh. Asked me. He was hoping his brother would bring him some money to pay up his rent and things. Did his brother come around? At 7 p.m., his brother telephoned. I took the message. Yeah? Said Sterling was to meet him at some dive out on Staples Street, so he left. And that's the last you saw him? I heard him come back here and up to this room sometime after two of him. But you didn't actually see him. I go to bed at a respectable hour. Then how are you sure it was? Next morning he was gone, bag and baggage. He must have just plain, just plain sneaked out on me. No, no, I don't think so, Mrs. Toomey. What's that? A couple of things I learned earlier, a couple of things you've told me and the stuff in that medicine cabinet. Eh? No, I don't think you'd better bank on collecting any back rents. Not from Sterling Peterson. That, that beat. Is he? Of course he is. Or is he just plain dead? I went back to my hotel. No, Paul Peterson hadn't called me. But there was a message from Jack Price, so I went to my room and I phoned him. As a result of that autopsy? Yes. They're looking for Sterling Peterson, too. Also, they've been looking for you. They're very anxious to talk with you. Anytime they like. After all, it was you who brought this thing out of the open by suggesting the autopsy. Because you had the idea that it might be murdered. No, that was Doug Johnstone's idea and a very good one. Have they talked with Paul Peterson? Well, I assume they will. Well, he's back in town, huh? Okay, Jackson, thanks. Now, let's see. Yeah? Come in. That's right. I'm Paul Peterson. I got your message. Wow. Come in. Come in. I understand that you're an insurance investigator, that you're looking for my half-brother, Sterling. Yeah, that's right. Who didn't know that he was the beneficiary of your uncle's insurance. Sit down. Sit down. Thanks. I just got back in town from a business trip. That's all. Look, I found these letters waiting for me. Oh, from Sterling? Yes. Here. Dallas, Wichita, Sioux Falls, South Dakota, Fargo, North Dakota. Yes, and by now he could be across the border in Canada. Yeah, maybe. Read it, darling. Just keep quiet and give me time and you won't have to worry about me anymore. And the others are practically the same. Neatly typewritten. No signature. I'm afraid it's obvious who they're from. So it looks as though your half-brother is running away. Now that we know your uncle was murdered. Murdered? Yeah, that's right. Sterling. Type these on your own machine, Paul. That might be pretty easy to trace. What? Now, with Sterling out of the way, you'd get your uncle's insurance as well as his money and property, wouldn't you? I suppose so, but I don't see what you're driving at. Oh, you did things up pretty well, Paul.  What are you talking about? All the place safe in case we discovered it was murder. Dollar. That so-called business trip. It was so that you could mail these letters to yourself, make it look as though Sterling had done the murder. Well, he must have. And what happened? Did you make the mistake of telling him you'd done it? I? Now, look here. After all, he would never have thought of substituting for the digitalish your uncle was taking. Look here, dollar.  You're crazy. You don't know what you're talking about.  What? When you went back to his room that night after you'd killed him to haul away his stuff, make it look as though he'd taken a powder.  But no man, no matter how much of a hurry he would have left behind his comb, his razor, a toothbrush. And that isn't all. I say you don't know what you're talking about. Or maybe you do. Oh, easy, Paul. That gun will make an awful lot of noise in here. No. Not when it's tight up against your back with a pillow over it. Stand up, dollar. And if I don't? Well? OK, Doug. What? Kick open the door. I'll cover him. I'll cut it. The police. That's right. All right. Look, look, boys. I said you cover it, Peterson. Drop it. Drop it. Honey, you OK? Yeah, sure, Doug. You hear it all, Sergeant? Yeah, sure did, Mr. Donner. It's funny, though. Funny? All I really came up here for was to talk to you. Not much point in it now, is it? Another day, another dollar. And I'm not talking about myself. Expense account total, including hotel, bill, a flock of incidentals, and a plane back to Hydrid 28720. Yours truly, Johnny Dollar. Our star will return in just a moment. Constipation is something people don't talk about much, but it can be a problem for anyone, even doctors. And when constipation occurs, it's interesting to see just what doctors consider important about a laxative they might use or recommend. Well, a majority of the doctors we heard from had this to say, a laxative should be effective, gentle, close to natural acting as possible, and a medicine that can be used with complete confidence. Now, X-Lax has been popular with many doctors and millions of people over the years because pleasant tasting chocolate at X-Lax is effective. Overnight, it helps you toward your normal regularity. X-Lax is gentle. Next morning, it gives you the closest thing to natural action. And that's why many doctors and millions of people use X-Lax with complete confidence. X-Lax, the laxative that helps you toward your normal regularity, gently, overnight, is X-Lax in your medicine cabinet. Now, here's our star to tell you about next week's story. Next week, a hurry trip to Alaska to look for a clue to a murder and say, if you've been to Alaska, if you know anything about the customs, the manners of the people up there, especially their eating habits, well, it's quite possible that you'll find a solution before I do, or maybe you will anyhow, because it all hangs on a tiny, seemingly unimportant clue. And yet, well, give a listen, see how well you can break down a killer's alibi. Yeah, join us, won't you? Yours truly, shiny dollar. Bob Bailey originates in Hollywood and is written, produced, and directed by Jack Johnstone. Heard in our cast were Virginia Greg, Jack Edwards, Boris Lewis, Stacey Harris, Gil Stratton, and Barney Phillips. Be sure to join us next week, same time and station for another exciting story of yours truly, Johnny Dollar, Dan Cumberley speaking. Tangled secrets unravel eerily all through the long night as suspense follows on the CBS Radio Network.


Hi Longmont. My name is Karen Stallard. I'm the membership director with the Longmont Area Chamber of Commerce. The Longmont Chamber has been working hard to support our local businesses and connect the community during this challenging time because we don't think that being physically distanced means that we can't still socially connect and support one another. So I'd like to tag in Jessica Wanasek, the Chamber Event Director, to tell you a little bit about what we've been up to. Hey everyone. So the Longmont Chamber of Commerce has been hosting daily Facebook live events Monday through Friday at 4 p.m. over on our Chamber Facebook page. We are featuring a local business or a non-profit while having fun interactive activities, giveaways, and just connecting with our community. We wanted to share the fun with you after the facts. So we are airing all of our episodes from last week with you here now so you can enjoy. And we hope that you see some familiar faces from around Longmont. And remember, if you ever want to see the live thing, just tune into the Chamber Facebook page at 4 p.m. Monday through Friday. Or check out a themed list of businesses over on our Chamber website, www.longmontchamber.org, forward slash llama is open. And find a business that you would like to support. Enjoy the show. Hi everybody. Thank you so much for joining us today. We're just going to give a second here for, we're going to let the audience kind of come in and get comfortable. We are so excited. We are on our way into what we're on Wednesday of our Businesses Open Facebook live event. So we're just going to give it a few minutes here, just maybe another second or two. We're going to let the audience come in. Hi everybody that I see you. I see you out there. Let us know you're here by commenting in the comments. Another second here. Well, first off, I'd like to introduce myself. If you don't know already, my name is Jessica Wanasek. I am the event director with the Longmont Chamber of Commerce. So excited to have you guys here today. Like I said, we are continuing our Facebook live. Longmont is open for business, even though it's not business as usual, but we are kicking off today. This is our very first. We shop Wednesday. So we're going to do a little bit of retail therapy with an exciting guest today. So we're so happy to have you. We are really proud to be able to showcase all of our amazing businesses who have changed the way that they're doing operations during these days. We hope that you guys, you know, we're having a great time doing this.  So glad to have you aboard. You can also check out the complete list of businesses that we have over on the Longmont Chamber page. And that is www.longmontchamber.org forward slash we speak Longmont. And you'll find it underneath. The Longmont is open tab. So you will see that. And you'll also see it. I'm running. You'll see it kind of going across the screen on the bottom here. So let us know that you guys are here by commenting. We have an exciting giveaway that we're going to be doing at the end of today's stream. So we won't know that you're here unless you say hello. So hello, everybody. So with that being said, the retail business that we are highlighting today for we shop Wednesday is Ivy Rose.  So with that, I would like to introduce the owner of Ivy Rose, Miss Rosemary Beaker. She'll be with us. There she is. Hi, Rosemary. Hi. How are you today? Wonderful. Beautiful day. Sunshine streaming in the window of my store. So I know I love it. I love it. And we're so happy to have you here and showcase a little bit of what you're going to show us today. So I would like to kind of ask you, I guess, let us know a little bit about what Ivy Rose is doing. How long have you guys been in business? We've been in business two and a half years. So we're pretty new to downtown Longmont. But we're loving it. And we love our customers. And it's been fun to be here and giving the women of Longmont a place to go and get something new to wear, which is which is needed. I'm kind of a clothes horse myself. I love shopping and I love the boutiques and all that. They're so cute and adorable. Where are you located exactly? Let everybody know where you guys are. We're at Miami Main Street, right downtown or a couple doors down from the roost and a couple doors up from my crochets. So kind of a little restaurant row here. So and we're on the east side of the street. Awesome. Well, that's now everybody will know where you are. They have no excuses to not come see you when you get open, right? Yes, hopefully we're opening soon another week or so. That and that leads me into my next question is tell us a little bit about your hours of operation these days. Right now, we're only able to shop virtually. So the general public can't come in. But you can see everything that's in the store through a FaceTime appointment or a Zoom appointment. And then we also post things on Instagram and Facebook and also on our website. So you're able to see something there and you can give us a call or shoot us an email or message us. And we can process that order over the phone. We'll do curbside pickup. We'll deliver to your house if you're pretty close or ship it to you for free. Oh, that's awesome. That's awesome. So you've you've found a way to adapt and and keep business going somewhat, which is which is great. We love to hear that. Absolutely. Yep. Now, I know the state we're kind of slowly starting to move into that reopening phase that this very delicate, slow reopening of stuff. So can you share a little bit? What do you think your reopening strategy will look like? Well, we will continue as always to do if someone wants to do a virtual shop, if they're, you know, want to be completely safe, we'll still do the virtual shopping. But we will also do private shopping by appointment. So someone can come in just one on one time with with me and shop the store. What we'll do is that similar to what we do with virtual shopping, we'll have a rolling wrap, we call it our white glove service, and that I will pull out the clothes for people so they don't have to like touch everything. So I will just pull things we'll go through the store, we'll grab items that you like, we'll put them on a rolling rack. And then once we have those selected, you're able to try them on. And when you're done trying them on the things that you don't want, we're going to put on like a little quarantine rack and have it sit for 24 or 48 hours depending on what the guidelines tell us as far as you know, how long a virus might live on the fabric. Yeah, put that aside so that we know that those have already been tried on and keeping everybody safe. We'll also have marks on the floor where you know, six feet are from like the register and we'll have hand sanitizers and probably have gloves available so people can put on a fresh pair of gloves and walk through the store. So well that shopping by appointment will be important. I would imagine we'll have limited hours to start. Probably won't be open the same as we have that in the past, but limited hours but always shopping by appointment for individuals and small groups. Very cool. It sounds like you've got it all kind of planned out and we look forward to the day where you know, we can move beyond the appointments and just come in and say hi to you. I know I'm an extrovert so I am missing that. I'm a people person and I'm missing my people right now so. I'm totally free. I'm missing my people too and getting the feedback from the clothes and yeah having people in here so. Oh absolutely. Now for people to schedule their appointments and all that, do they just go to your website? Yeah they can go to any social media, Instagram, Facebook, our website, there's an email, there's a phone number and anyway they feel comfortable reaching out to us. We're here for them. Awesome, awesome. Well I want to, I know Monday I think was my first day that I actually put on real clothes other than my day sweat so I know I'm looking forward to today's demonstration and I'm already eyeballing a couple pieces behind you so I'm looking forward to that.  We see you, keep commenting. One lucky winner is actually going to, or actually one lucky viewer who comments is going to win a virtual, is it $25 gift card from you today? $25 gift card and we can email that to them so they can get it right away. Awesome, that's awesome. Okay so for those of you guys who are tuning in, I have a little challenge for you. It's a fill in the blank okay and this is how we are going to pick our lucky winner today. So here's your fill in the blank. My favorite item in my closet is blank and when you get that posted in the comments so we can see that and I am going to now turn it over to you. Rosemary you have the show and show us some goodies. All right I will do that. Well we were really lucky that today is Wednesday and we call it wardrobe Wednesday and each Wednesday we try to put together a collection of mix and match items that create a mini wardrobe for you and we can start from scratch with something in our store or we can use something that you have, a favorite piece or favorite two pieces and we can build a wardrobe around that piece or those pieces for you. So what I did today is I have these lovely dress forms as my models today and all of us together create this mini wardrobe for a wardrobe Wednesday. So I'm going to walk you through the pieces and let you know kind of what inspired me to put it together and how it all works together and how it might work in your wardrobe and we usually start with one piece. So this was the piece that I started with. It's a little dress with some lace on the bottom and it's got some pretty colors in it. So those colors in the dress kind of build the whole wardrobe so things kind of coordinate from a color tone and a pattern.  There's a stripe for everybody type and it just depends on how thick they are and how the item is designed. So this one has a little panel with vertical stripes here and horizontal stripes here so it's quite flattering to a lot of figure types. It's also a little bit longer. For those tall people out there this would be a good dress to go to and I have put it with a white jean jacket and a jean jacket is a must in almost every wardrobe be it white, blue, green, black you can layer a jean jacket over a lot of different things especially in Colorado. The Colorado girls know how to rock a jean jacket. So this one I put over the dress for now but it could go over almost everything in this wardrobe for you. The second item, second dress form is a little bit dressier top it's a blouse it's a very lightweight blouse and for those of us that are doing a lot of zoom meetings these days this is a good business look for you and later you can put it over put it under a blazer in your wardrobe. I paired it with black cropped skinny jeans and they're cuffed and you can put the cuff up or put the cuff down so again these pants would be great in an office setting back in the business world. Then we come to the dress that I started this whole wardrobe with and I put the dress with a very lightweight wrap and I tied it here on the dress form but this wrap can also be just worn down in a loose so it's very similar to what I'm wearing it's got a little asymmetrical line on it so you can wear it either way depending on your mood or depending on the style of the dress you're wearing it with. This dress we've had in several different color ways over the years and it's perfect again with a jean jacket it's also great with cowboy boots you could put leggings under them if you were a little bit taller and of course flip-flops it might even be good for a bathing suit cover up so a very versatile dress it has a just a thick strap on top so very easy to wear for a lot of different body types. Then moving on we have just a tank top it looks very similar this one was self knotted but this one actually I pulled it through the belt loop so it's just a very simple tank has a lot of cool colors and it's got black and yellow and red and blue and so you can wear it with quite a few things it would go well and I'm part of the wardrobe here too I have this pink girl top or wrap and a tank top here so this would go all this for quite well and then these jeans we do very well with this kind of a jean it's not dry and again this would make good business casual look it would pair well with a blazer you could also use this white jean jacket from over there the black wrap with pink wrap here so quite a few things to put with these jeans and I want to talk a little bit about what I'm wearing I am wearing button fly jeans which are super trendy right now so if you don't wear your button flies in your wardrobe you should try some on they're pretty fun to wear also I have white jeans on and again like the stripes I've heard a lot oh I can't wear white jeans you should try white jeans you'll find they're a good staple in your wardrobe but we do have these jeans in a blue color too if you really really can't do the white I love the tone of tone so I have a tank top on with this wrap and I think this is a great combination that you can put on with any bottom so white jeans blue jeans black jeans so a tone on tone be it black and black white on white is always a good look and an easy way to create a wardrobe for yourself lastly we have this beautiful lace dress wonderful straps for it and this again will go far in your wardrobe you can dress it up with like a pair of canvas uh or or espadrille shoes you could dress it down with cowboy boots you could put got the white jean jacket over here you put that over it for dressier you can put this black cardigan over it um or you can just wear it with flip-flops so lots of ways to wear that dress um in the summer especially now that it's getting a little bit hotter outside so this is our wardrobe and it was to be able to bring it to you live and like I said we do these every Wednesday so there's lots of lots of ideas that we can bring to inspire you awesome well um you can talk to me I want one of everything just one of each yeah just put it in my basket and I'll be over to pick it up and let me tell you too that um we we keep things as affordable as possible so for the most part um uh nothing in our store is over 69 dollars so our tops are in the like 25 to 39 dollar range and our dresses are 39 49 59 dollars so um very affordable and we can do a virtual shopping tour for you and we can put a mini wardrobe together for you the other thing I want to say too is that um this we have a black lace dress so we can substitute pieces in this wardrobe to fit your body type so if this black lace dress isn't your style we have black knit dresses we have black jumpsuits we have other things that we can substitute same thing like for this floral dress if that doesn't work for your body style we have other floral dresses that we can use um that would work well in the wardrobe so we'll we'll make it work for you super cute I'm just I'm having fun reading some of the comments um for Chris McGrath said that his favorite uh his favorite item is at the cleaners he dropped it off before COVID um but it's banana republic soft three button sweater that's awesome um so those of you guys who are just coming on and in the comments we asked the question um just a second ago a few minutes ago about uh to fill in the blank and it's your your question is my favorite item in my closet is blank and so we're gonna take uh your guys's comments and um Rosemary's gonna do a drawing here shortly for a virtual 25 dollar gift card um that you can spend in her store so that that is exciting so some of these comments are fun um let's see Holly Glesner says thanks for doing this to our for our amazing local businesses Cassie loves her boyfriend jeans um I do too some of my favorites uh see Karen one pair of pants that she still fits after quarantine I think I think we're all kind of falling into that what did we say at the chamber we were saying we're we've gained the quarantine 19 so it's it's not it's not gonna be pretty afterwards but so this is fun um anything else that you feel like you need to um or you want to share with the viewers rosemary well I think that um just knowing that you can shop virtually um and you can shop safely by apartment when we open up you can do one on one and um and then on your unlimited hours we will follow um a very strict protocol so that you can feel safe shopping in our store and you know we're here to have to work with you to put your wardrobe together um with you oh awesome okay I am just well we're gonna get ready to do the the drawing here and we just get a count okay so I um rosemary you need to pick um I'm gonna give you a letter okay okay um let's see an h a c a t an m or a g h t c m or t I will say c c all right let me go back to our and it is drum roll drum roll our winner today is cassie uh I'm not sure gumson anderson is our winner awesome so congrats cassie um so what we'll do and rosemary do you want um let's see do you want me to connect with cassie and or we'll do that and then I'll I'll get our phone number and call and process that over the phone okay so we will um cassie I will get your information here soon as soon as we're done here and and you will get your $25 virtual gift certificate which is which is fun and then you're gonna have to come back and show us what you get yeah there we go right social media posts for sure absolutely absolutely we're all it seems like we're all living on social media these days well um rosemary I want to thank you I really appreciate you taking the time out of your day uh to come on and share some of the the beautiful pieces that you have behind you and a little bit about what your store is doing now and in the future so we we look forward to it I look forward to coming in and saying hi to you when when I can yes and I know right fingers crossed they tell us May 9th right we're waiting for Boulder County to just confirm that yeah that's I know I'm I'm watching that date as well so if you guys want to schedule um or if you have a question or if you just want to go check out her uh website rosemary's website go to um it's visit ivyroselongmont.com you can also follow her here on facebook um so go check out all the beautiful pieces that she's got going and rosemary thank you so much thank you for inviting me this was great absolutely bye bye thanks thank you so again we we really appreciate you guys checking in with us every day at four o'clock we're having a fun time doing this um we I we like I said I am missing my people and this is a way for us to connect with you guys the local uh Longmont community and the awesome businesses then everything that you guys are doing out there keep up the good work um we are going to continue to keep doing these live events um as long as they're needed you know I see this going on into the summer so if you're interested in being on one of these lives um shoot me an email it's jwanasek at longmontchamber.org and we will see about getting you scheduled for one of these um also tune in again tomorrow right here at four pm for our thankful Thursday where we're going to highlight and help out a local nonprofit in the area so please come back stay tuned and in the meantime um give I'm giving you guys a virtual hug give yourself a hug for me and we'll see you back here uh tomorrow stay well bye bye


The door got me the door got me that is hold on One second true love on the phone true love on the phone. Okay, so we don't need that much gear We need running shoes. However, we still need to stay organized. I am struggling guys I need I need a good running bag if you have any ideas like I use an Ikea bag a blue Ikea bag I like it because it's open, but everything gets tossed around and it's just not organized Do you want to see it? Do you want to see it? Oh? All right, Nike vapor fly 4% flying it coming right up, but first we got to get organized. We got to get organized If only it were that easy if only it were that easy all right guys less is more It's it's just a rule of thumb that I try to live by so I just threw away some just stuff that I haven't used in months Okay, see you downtown gonna assess the vapor flies. Let's go Last one law one last spin and the Nike Vapor fly 4% fly knits before I give you my Full review on the shoe what I think how they feel So stay tuned just taking them for one last spin for you guys I want to give you I want the memory of the foam and the upper to be fresh in my mind Before I communicate with you guys so I remember I'm not gonna sugarcoat anything I will not sugarcoat anything Hopefully you can hear me because it's a little loud. It's a little windy out here. There's leaves blowing never a couple days ago I caught a leaf in my hand. I just caught a leaf in my mouth. I wish I would have not spit it out To show you guys. Oh, baby.  It's all about that protein is runners Put it in my belly put it in my belly. Do you want to try this mixture before? Nothing like seeking a little beauty on the vlog right for all the longtime viewers Don't worry. I haven't forgotten about you. Oh, mm-hmm. Love it Okay, guys before we dive in to the Nike vapor fly 4% flying it and this is my full in official review This is not my first impression after running in this for the last. I don't know three weeks I'm ready to review it. So but first we need to go to class in order to understand the Terminology that we're all gonna talk about. Okay, so let's listen up. Here we go The shoe has three basic Components and now we will go into more detail on running shoe construction down the road There's it gets a little complicated, but we're gonna break it down into three sections for right now You may already know these but I'm gonna review The upper this is the upper the upper wraps around the top of your foot Okay, and this particular shoe has a fly knit upper basically meaning it's more lightweight and the actual Engineering behind the the upper is a little different than other running shoes when it is in the fly knit category This is the upper essentially where the shoe laces are does that make sense? The second section on a running shoe is the midsole Okay, the midsole is on the side of the shoe see this here this rubber this Sorry foam on the side here. This is called the midsole right here. All right The third section of a running shoe and all shoes, but especially running shoes is the outsole So the outsole is divine defined as the bottom of the shoe All right, and this particular shoe has no grip on the bottom But we'll get to that in a second. Those are the three terms. You just got to remember upper Midsole and outsole when thinking about running shoes when you go to a running shoe store And you're talking to the rep on the floor and you're like listen I would like a outsole that has a little more lug action meaning traction or I would like it an upper that has You know more breathability, so I hope you were taking notes and now we're going to history class a little history behind this shoe This shoe was developed during Nike's Attempt to break two hours in the marathon Essentially Kipchoge is his last name. I can never say his first name But Kipchoge from Kenya attempted to break two hours in the marathon gosh last year 2017 and so they developed a shoe similar to this one not not exactly the same but similar to this one to help him Give him more energy and more response in his stride in order to propel him forward toward that two-hour Barrier for the marathon a time that many people thought would never be broken So he attempted and he did not quite get it. He ran two hours and 26 Seconds which means if you know a marathon is 26 miles if he would have been one second faster for 26 miles He would have broken the two-hour barrier that effort by Kipchoge led to the evolution and the creation of This shoe that I have in my hand right now And so based on Kipchoge's effort and many other elite runners efforts does this shoe make you faster We're gonna pick up that topic in a second But first I got to read a comment from YouTube. You guys are amazing MJ from Kansas said this Hello from Kansas your channel is inspirational and genuine never yield or change Thank you as a mature aka older life long runner of seven days per week's logo You are building something special here. I train in the peg 35 Turbo and 4% all have over 300 miles. Wow MJ. That's impressive. Yes All I've taken the 4% down to the foam on left rear heel and have earned back my ROI I love it. Yes, because they are expensive MJ here are my thoughts on comfortable comfort and feel comfort and feel So 35s are great turbo greater 4% greatest ever MJ you rock and you get it You understand like this isn't interesting and yes, I would say special shoe so the difference between last year's model 2017 and this year's model 2018 is that The outsole and the midsole are exactly the same the carbon fiber plate all of that is exactly the same However with the 4% this year in 2018 It's the fly knit upper that they changed so so much Essentially, there's a lot of different details we could talk about But I would like to focus on the area that wraps around your ankle and I love it It basically feels like a booty You know when you put a snow boot on and it had it just kind of wraps around your ankle and hugs your ankle That's what this feels like And so the upper and the tongue are all one piece of fabric It's not really one piece of fabric. It's stitched together But that is probably the most significant part of this shoe that I love is this this ankle Collar I'll call it a collar this ankle collar that wraps around your foot and it feels so it just makes your Ankle feel secure if you've been watching this channel for the last two to three weeks You know that I've been putting this shoe through a lot of time trials and yes running on trails. I know it's crazy I know this is a road shoe, but I've been running on the trails a little bit not a lot But a little bit in the shoe and so I have noticed a tiny little bit of breakdown in the midsole I believe this shoe as it is at about 40 miles right now Maybe 45 miles so not that much But I am noticing just a little bit of breakdown in the midsouls midsole section And that's to be expected to a certain extent when you're running on dirt Occasionally and running hard in time trials underfoot and what do I mean by that? So when you're running like how does the shoe actually feel under your feet as you're moving forward? I would say first of all it feels amazing Good cushion, but it is narrow in the midfoot So the midfoot is right here in the middle and if it you can even see it see how narrow that is I Don't mind because I don't have an I have kind of a narrow foot But if you have a very wide foot you might want to really Reconsider this shoe is not the greatest option because it's so narrow Yeah, it may not work for you and in addition the stack height of the midsole You might roll your ankle if you have a wide foot because it's so it's stacked up so high that I have almost rolled my ankle once in this shoe So anyway, just keep that in mind if you're a white if you have a wide foot And if you're not exactly sure that your foot could fit in this this narrow Midfoot section. All right, let's get to the good stuff the carbon fiber plate This shoe has a carbon fiber plate built inside to this shoe.  It's a stiff shoe beware like It's I can't I like if I I don't want to bend it But if I did try to bend it it would be very difficult But like I'm pushing pretty hard right now and it's not flexing very much Why did they do that essentially this shoe is definitely designed to put you up on your toes?  So what are the metatarsals? Those are the bones on the top of your feet So it's the the carbon fiber plate is designed to basically replace the metatarsals and your toes The the effort and the flexibility in your toes and your metatarsals to propel yourself forward So basically you're saving energy and you're actually picking up energy From the carbon fiber plate and I know I'm getting a little bit into the weeds here But I can really feel it when I'm out there running fast running slow not so much But when I'm running fast, I can feel that carbon fiber plate under my Under my my toes and under my metatarsals and I don't know is it making me faster And yes, that is the question of the day. Do you believe the hype is this shoe making elite runners? And just normal everyday runners faster and to drive my point home Here's a graphic I found from Rolos on Twitter Essentially this graphic is showing the top six finishers from the Chicago Marathon in the men's division I don't I'm not sure about the ladies actually ladies out there If you know like what were the ladies wearing in the top 10? But it shows that they were all wearing this shoe and yes, they ran fast However, I would be fascinated to see what were the top 100 finishers wearing and even the top 1,000 finishers wearing in the Chicago Marathon and then kind of get some percentages As to you know, who was wearing adidas who is wearing new balance? Obviously like Nike has a great athletic Representation it through their elite program So it may is it just the athletes or is it the shoe or is it a mixture? I don't know. I don't know It's fascinating though. It is fast. This graphic is fascinating I could give you all the specs on this shoe, but I don't need to do that You can go on the Nike website read up on all the all the technical side of this shoe I just want to share my gut reaction Essentially, I'm gonna give it the score out of 10 and 8 and a half. That's a good score That's a good score anything under 6 is kind of garbage anything over 8 I would say is approaching greatness. I've never given a shoe and a score of 9 I'm excited and I'm actually Yes, going to take this shoe out in a half Marathon time trial on Saturday, so I'm gonna go to a park Washington Park Saturday morning Probably start at 9 a.m. case you're around. Let's go run and I'm gonna do a half marathon time trial I'm gonna run as fast as I can so come back to the vlog and you'll see me attempt to run Fast in this shoe as fast as I can and we will see because I've done a one-mile time trial a 5k time trial and a 10k time trial in this shoe all the videos are up there But what I want to now attempt is to take this shoe to the to the test at a distance that it's actually designed for This is designed for road for half marathons and marathons, especially But I'm gonna do a half marathon time trial on Saturday, so stay tuned and yes, let's connect on Strava so that we can Communicate, I hope you gleaned some beneficial information from this video If you did hit the subscribe button just so you know I publish a new video every single day So there's plenty of content to watch in fact go watch this playlist with all the videos about this shoe up in that Upper right hand corner Essentially this YouTube channel is all about the comments. Yes. I feel like the videos are decent I hope they're getting better. I hope you're seeing an improvement in value for you the viewer But frankly all I care about is your ideas and your thoughts and your opinions about a lot of different things about life About running and yes even about gear So the question of the day is really critical if you have 10 seconds 15 seconds 30 seconds a minute Some of you you know take five minutes. I feel like to answer the question of the day Whatever you have. I'd love to hear your opinion opinions on the question of the day. Thank you. Thank you. Thank you And yes today's key word. Thank you for watching this long is Fly not flying it. Well if you feel ambitious But just fly because I'm hoping this shoe makes me fly on Saturday in the half marathon time trial Come back for that video. I love you guys seek beauty or card and love each other. We See you tomorrow You


So good morning all of you, welcome. So this is a very interesting lecture, in this case study we have reached the pilot production and we are heading towards the mass production for this product. The lecture is the conception which is the fifth concern for innovation where we are looking at a case study of a letter box design for India Post which is a government project. How many of you have posted a letter last one year, last two years, very good. The biggest problem with our tendencies are that if I don't post letter nobody else posts letters in the world which is the problem of design where we need to never put ourselves in the shoes of the user thinking that because of the modern technology because of you know very good you know mobile phones and cell phones and all people are not going to post letters. So then we did a survey and found out a lot of people use letters today and the volume of letters have increased multi-fold in the business domain. Public number of letters is around the same or increasing little bit but the volume is very very large and in during festivals it is like you know unbelievably very large. So here we are, so we are looking at this box which is rusted. So I was parking my car and there was this letter box under the tree and there is a lot of humidity under the tree. So the box was highly corroded, the door was dangling, people would post letters and you would see a lot of letters from the outside and I was saying can't we just change one product in the country you know by having so much of means in IIT. So we took this as a cause, so that's what we're coming down to you take as a cause that you need to solve this problem and you have all the way with her to do this. So designing a maintenance free post box became the single line brief. So how does this line brief came is very important. We also thought of doing this project, who do I have to go to the India Post and then I requested one of my students to take this as a project. Luckily one student agreed, he said I'd like to do this project, the postmaster general in Bombay also was very very happy and to the everlasting credit he gave this one line brief, maintenance free letter box and you will see how this is very important for the whole design journey. So then from our side the trigger was very critical. I had a concern for the post, I had the empathy for the user, the letters are getting spoiled and dirty, there was a you know strong urge to make a difference like we're all designers here can't do one small product for the country and then the conscious of a designer saying that you know usability and product features have to be very critical so can't we change this and generally designers have this dream that I need to do a product which will be seen all over the country so it's part of you know that motive also. So then comes our next thing. So first the cause we've taken up, now the context, very very challenging context. Look at the number of letters the people are sorting there. These letters are in the GPO, the general post office in Bombay where they are sorting them for different regions, they are very skilled, they actually you know throw these letters and they just fall in the right bins and then you sort them and take them out. Like this is happening, they have an high tech sorting machine too, which is an automatic machine which means of all the sorting with infrared coded. So in this context, this area which is manual sorting for for letters which can't be you know infrared coded and there is this high tech machine which they bought for crores of rupees which does the sorting for most of the other letters which are infrared coded. So we have a dichotomy. So there is a whole canvas from low tech to very high tech and then we also thought about in the context. Why do we need new products? What is the reason for new products even even in this case for example and you look at this timeline of this interesting pillar post box of UK. You started from cast iron post boxes later on when it became more modern you had you know sheet metal construction. The cast iron was the only material available during that age later on large rolling pieces came up. So sheet metal started getting manufactured more and more. So you have much lighter and different type of sheet metal post boxes and then you can see stainless steel and plastic. So you have a lot of changes because of development because of availability of manufacturing new manufacturing techniques and now there is a demand for more and more every season and India post doesn't have the letter boxes to supply. I am very proud to show you the slide where this was launched as part of the launch of our design which happened in 2007 and it launches Commonwealth of Stamps where they showing their earlier boxes in the country. The green and blue one what you see it's called the TV type post box is actually designed by a senior professor from IDC, Professor Atwankar and all the cities started sporting these post boxes and then again they went back to those two boxes and those are the ones which are the standard letter boxes now in the country. So what you learn from the context you learn the history you learn why things are changing why you need new products and you also look at the India post huge buildings, large offices, large manpower, huge amount of volume of posts. So they have give us very interesting insights of the organization it's an organization is going to stay it's an organization which has been established long back but it's an organization which needs a lot of support to move forward.