University of Michigan survey has shown sentiment faltering as prices have risen, and the Conference Board’s index ticked down in January.

“You have very high inflation, so people are seeing an erosion of their purchasing power,” said Dana M. Peterson, chief economist at The Conference Board, noting that the resurgent virus is also to blame. “People will have higher confidence once we’re beyond Omicron.”

For now, it is a moment of pronounced economic uncertainty.

Ashley Fahr, the owner of the culinary company and event space La Cuisine in Venice, Calif., said rising grocery costs began to bite at a difficult moment — just before Omicron began to surge, causing people to pull back from activities like the cooking classes and catering events she offers.

She noticed in December that her food bill had gone up by about 15 percent, chipping away at her margins, and passed about 5 percent of that on to customers while absorbing the rest of the increase.

“I didn’t want to quote a number people would balk at,” she said.

Ms. Fahr said she pays her workers — most of whom are independent contractors — competitive wages and that it’s hard to keep up with rising prices and still turn a profit. She is watching to see what other local caterers and cooking classes do with their pricing — and whether they begin to pass on the full increase to customers.

“If everyone else does it, I’ll do it too,” Ms. Fahr said.

That sort of logic is what economic officials worry about. If businesses and consumers begin to expect prices to steadily rise, they may begin to accept instead of resisting them — and when inflation gets baked into expectations, it might spiral upward year after year, economists worry.

“What we’re trying to do is get inflation, keep inflation expectations well anchored at 2 percent,” Mr. Powell, the Fed chair, said at his news conference this week. “That’s always the ultimate goal.”

View Source

>>> Don’t Miss Today’s BEST Amazon Deals! <<<<

Therma-Tru Launches 2022 Keys 2 Success Sweepstakes

MAUMEE, Ohio–(BUSINESS WIRE)–Therma-Tru has launched its new Keys 2 Success national sweepstakes for building trade professionals to learn about Therma-Tru products and current home design trends.

The Keys 2 Success program provides builders, remodelers, dealers, distributors and fabricators a chance to unlock the opportunity to win daily and weekly prizes for watching select videos. The program helps building professionals stay up-to-date on the latest trends and Therma-Tru’s products to better facilitate conversations with homeowners.

“We’re excited to launch Keys 2 Success this year in conjunction with our Virtual Experience,” said Mark Ayers, senior vice president of marketing and product development for Therma-Tru. “The videos provide participants with the information they need to learn about the benefits of Therma-Tru’s new and recently introduced products.”

For each video watched, participants receive one entry into the sweepstakes. Participants can unlock 10 additional entries if they watch all eight 2022 videos. If they watch all 2022 and 2021 videos, they unlock the opportunity to win a grand prize.

Each day of the program, three participants will receive a $25 VISA eGift Card. Each week, one participant will win their choice of a Phillips espresso machine, exercise bike or backyard theater. At the end of the program, grand prizes will be awarded to three participants, including a solo stove, pizza oven or outdoor heater. Prize winners have the option to forgo a prize and donate the value of the prize to charity.

Participants must first log in to the Therma-Tru Virtual Experience to access Keys 2 Success, which can be found on the Main Menu at the front desk, under the Quick Access Menu or in the Keys 2 Success room on the right.

More information about the Keys 2 Success program and the official rules are available at thermatru.com/2022virtualexperience. Keys 2 Success runs February 1 through April 30, 2022.

Shareable Highlights

About Therma-Tru

Therma-Tru is the leading entry door brand most preferred by building professionals. Founded in 1962, Therma-Tru pioneered the fiberglass entry door industry, and today offers a complete portfolio of entry and patio door system solutions, including decorative glass doorlites, sidelites and transoms, and door components. The company is headquartered in Maumee, Ohio and also offers low-maintenance Fypon® polyurethane and PVC products. For more information and product warranty details, visit www.thermatru.com, www.fypon.com or call 800-537-8827.

Therma-Tru is part of the Outdoors & Security division of Fortune Brands Home & Security, Inc. (NYSE: FBHS), a Fortune 500 company, part of the S&P 500 Index and a leader in the home products industry. The Company’s growing portfolio of complementary businesses and innovative brands include Moen and the House of Rohl within the Global Plumbing Group, outdoor living and security products from Therma-Tru, LARSON, Fiberon, Master Lock and SentrySafe, and MasterBrand Cabinets’ wide-ranging offerings from Mantra, Diamond, Omega and many more. Visit www.FBHS.com to learn more about FBHS, its brands and how the Company is accelerating its environmental, social and governance (ESG) commitments.

View Source

>>> Don’t Miss Today’s BEST Amazon Deals! <<<<

Hayward Adding Derek Spearman in New Vice President of US Manufacturing Position

BERKELEY HEIGHTS, N.J.–(BUSINESS WIRE)–Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward”), global designer, manufacturer and marketer of a broad portfolio of pool equipment and technology, announces that Derek Spearman is joining the company as the Vice President of US Manufacturing. In this newly created role, Spearman will be responsible for all plant and planning operations for the company’s US-based plants.

I am honored to join the Hayward team, and I look forward to continuing to build upon its solid foundation,” Spearman said. “Hayward is uniquely positioned to capitalize on the rapidly changing manufacturing environment thanks to its great business model and talented management team. This is a tremendous opportunity, and I am looking forward to making an impact.”

Spearman is joining Hayward’s Global Operations Staff, which is led by Senior Vice President and Chief Supply Chain Officer Donald Smith.

Derek Spearman is joining Hayward in a new and vitally-important role where he will add additional experience, capacity and quality to what is already a world-class Operations team. Hayward will benefit greatly from Derek’s expertise in domestic and international operations leadership, Lean Manufacturing deployment, and strategic capacity and operational footprint design. I am excited for him to get started,” Smith said.

Spearman is joining Hayward after spending four years at Timken Company where he was the Vice President of Lovejoy Incorporated. At Timken, Spearman directed operations at five domestic and international plants staffed by more than 400 people, and he managed budgets exceeding $100 million.

Spearman has also previously held roles as a Director of Operations, Plant Manager, Six Sigma Blackbelt Lean Leader, Quality Director, and Area Manager with organizations such as GKN Driveline, Matcor-Matsu Group, Ford Motor Company, Eli Lilly, and Whirlpool Corporation.

Spearman earned an MBA from Webster University and a Bachelor of Science from Purdue University.

About Hayward Holdings, Inc.

Hayward Holdings, Inc. (NYSE:HAYW) is a leading global designer and manufacturer of pool equipment and technology all key to the SmartPad™ conversion strategy designed to provide a superior outdoor living experience. Hayward offers a full line of innovative, energy-efficient and sustainable residential and commercial pool equipment, including a complete line of advanced pumps, filters, heaters, automatic pool cleaners, LED lighting, internet of things (IoT) enabled controls, alternate sanitizers and water features.

This release contains forward-looking statements and information relating to the Company that are based on the beliefs of management as well as assumptions made by, and information currently available to management. When used in this release, words such as “may,” “will,” “should,” “could,” “intend,” “potential,” “continue,” “anticipate,” “believe,” “estimate,” “expect,” “plan,” “target,” “predict,” “project,” “seek” and similar expressions as they relate to us are intended to identify forward-looking statements. These statements reflect management’s current views with respect to future events, are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Further, certain forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements. Hayward has based these forward-looking statements largely on management’s current expectations and projections about future events and financial trends that management believes may affect Hayward’s business, financial condition and results of operations. Important factors that could affect Hayward’s future results and could cause those results or other outcomes to differ materially from those indicated in the forward-looking statements include the following: our ability to execute on our growth strategies and expansion opportunities; our ability to maintain favorable relationships with suppliers and manage disruptions to our global supply chain and the availability of raw materials; our relationships with and the performance of distributors, builders, buying groups, retailers and servicers who sell our products to pool owners; competition from national and global companies, as well as lower cost manufacturers; impacts on our business from the sensitivity of our business to seasonality and unfavorable economic and business conditions; our ability to identify emerging technological and other trends in our target end markets; our ability to develop, manufacture and effectively and profitably market and sell our new planned and future products; failure of markets to accept new product introductions and enhancements; the ability to successfully identify, finance, complete and integrate acquisitions; our ability to attract and retain senior management and other qualified personnel; regulatory changes and developments affecting our current and future products; volatility in currency exchange rates; our ability to service our existing indebtedness and obtain additional capital to finance operations and our growth opportunities; impacts on our business from political, regulatory, economic, trade, and other risks associated with operating foreign businesses; our ability to establish and maintain intellectual property protection for our products, as well as our ability to operate our business without infringing, misappropriating or otherwise violating the intellectual property rights of others; the impact of material cost and other inflation; the impact of changes in laws, regulations and administrative policy, including those that limit US tax benefits or impact trade agreements and tariffs; the outcome of litigation and governmental proceedings; impacts on our business from the COVID-19 pandemic; and other risks and uncertainties set forth under “Risk Factors” in the prospectus for Hayward’s initial public offering and in Hayward’s subsequent SEC filings.

View Source

>>> Don’t Miss Today’s BEST Amazon Deals! <<<<

Institutional Property Advisors Closes $80 Million San Bernardino County Apartment Asset Sale

UPLAND, Calif.–(BUSINESS WIRE)–Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of The Benson, a 236-unit multifamily property in Upland, California. The asset sold for $80.75 million, or $342,161 per unit.

“The Benson benefits from significant capital expenditures, most of which were spent on systems and common area improvements,” said Joseph Grabiec, IPA executive director. “New ownership has the opportunity to focus on revenue enhancing interior upgrades consistent with the competitive set, thereby immediately adding value.” Grabiec and IPA’s Alexander Garcia, Jr., Kevin Green, Greg Harris and Chris Zorbas represented the seller, an affiliate of Abacus Capital Group, and procured the buyer, New Standard Equities. “Rents in Upland have increased by 13% in the last 12 months and the competitive set’s asking rents are approximately 35% higher than the average in-place rents at The Benson,” added Garcia. “Average occupancy in Upland over the same time period has been 97%.”

Located 1.4 miles from the Los Angeles County border, the property is near Claremont Colleges, the Montclair TransCenter, and extensive retail. The San Bernardino Metrolink line at the Montclair TransCenter, three regional rapid bus service providers, and convenient access to a multitude of freeways offer connectivity to surrounding employment centers in the Inland Empire and the San Gabriel Valley.

“The Inland Empire continues to experience impressive growth and job creation, and this surge in economic activity has intensified the demand for housing,” said Green. “Single-family home prices have increased 13% over the last 12 months and are projected to grow 10% over the next 12 months, further exacerbating the affordability gap to home ownership and fueling strong rent growth.”

The Benson was built in 1973 on a 516,578-square-foot lot. The asset has 32 residential buildings, two resort-style pools with furnished sundecks, a spa, fitness center, dog park, playground, and over 350 onsite parking spots. The unit mix is composed of one-, two- and three-bedroom apartments. Each unit has a private balcony or patio.

About Institutional Property Advisors (IPA)

Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offer customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit www.institutionalpropertyadvisors.com.

About Marcus & Millichap (NYSE: MMI)

With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research, and advisory services. Founded in 1971, the firm closed 8,954 transactions in 2020 with a value of approximately $43 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.

View Source

>>> Don’t Miss Today’s BEST Amazon Deals! <<<<

Frontdoor Publishes First Sustainability Report, Reinforcing the Company’s Commitment to ESG

MEMPHIS, Tenn.–(BUSINESS WIRE)–Frontdoor, Inc. (NASDAQ: FTDR), the nation’s leading provider of home service plans, today published its first corporate sustainability report. Frontdoor is committed to developing environmental, social and governance (ESG) initiatives that strengthen its value as a service provider, employer and global corporate citizen.

The company’s sustainability journey has been marked by meaningful initiatives and impacts since the company’s inception. This report reflects the company’s dedication to transparency in action and highlights its work in areas such as corporate governance, privacy and information security, employee relations and diversity and inclusion, community relations and environmental sustainability.

“We have made significant progress in our three years as a standalone company, and I’m proud of the meaningful work that our team is doing in this area,” said Rex Tibbens, president and chief executive officer of Frontdoor. “We are in the early stages of our journey but are committed to continuing to strengthen our practices and disclosures and operating in a way that benefits those in the world around us.”

In its 2021 sustainability report, the company shares an overview of its activities in four key areas: strengthening the company, supporting its people, serving communities and sustaining the world.

Highlights of Frontdoor’s 2021 sustainability report include:

“The 2021 sustainability report is the first of many and demonstrates our belief that responsibility begins with accountability,” said Tibbens. “As we move forward, each year we will strive to make progress in the areas outlined in the document and ensure that our business practices are impactful, meaningful and sustainable over time.”

Visit frontdoorhome.com to view or download the company’s full sustainability report. The report incorporates disclosures under both the Sustainability Accounting Standards Board (SASB) and Task Force for Climate-related Financial Disclosure (TCFD) frameworks.

About Frontdoor

Frontdoor is a company that’s obsessed with taking the hassle out of owning a home. With services powered by people and enabled by technology, it is the parent company of four home service plan brands: American Home Shield, HSA, Landmark and OneGuard, as well as ProConnect, an on-demand membership service for home repairs and maintenance, and Streem, a technology company that enables businesses to serve customers through an enhanced augmented reality, computer vision and machine learning platform. Frontdoor serves 2.2 million customers across the U.S. through a network of approximately 17,500 pre-qualified contractor firms that employ an estimated 62,000 technicians. The company’s customizable home service plans help customers protect and maintain their homes from costly and unexpected breakdowns of essential home systems and appliances. With 50 years of home services experience, the company responds to over four million service requests annually. For details, visit frontdoorhome.com.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s current expectations and beliefs, as well as a number of assumptions concerning future events. These statements are subject to risks, uncertainties, assumptions and other important factors. Readers are cautioned not to put undue reliance on such forward-looking statements because actual results may vary materially from those expressed or implied. The reports filed by Frontdoor pursuant to United States securities laws contain discussions of these risks and uncertainties. Frontdoor assumes no obligation to, and expressly disclaims any obligation to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are advised to review Frontdoor’s filings with the United States Securities and Exchange Commission (which are available on the SEC’s EDGAR database at www.sec.gov and via Frontdoor’s website at investors.frontdoorhome.com).

FTDR-Financial

View Source

>>> Don’t Miss Today’s BEST Amazon Deals! <<<<

After dozens are reported dead in Kazakhstan, troops from a Russian alliance begin to deploy.

Credit…Abduaziz Madyarov/Agence France-Presse — Getty Images

All night and into the early hours on Thursday, young men roamed the streets of Kazakhstan’s largest city, Almaty, flanked by flames and buttressed by barricades. As stun grenades exploded and tear gas wafted in the air, demonstrators set fire to trucks, police cars and other vehicles, their smoldering hulks littering the streets.

As the first foreign soldiers from countries allied with Russia landed in the Central Asian nation, they found a country that had, for the moment, been plunged into anarchy.

Some protesters came with firearms and started looting shops and malls, according to video footage posted from the scene. They set government buildings on fire, including the City Hall and the former office of the country’s president. They also captured the airport.

The scale of the violence, which was evident in videos, postings on social media and official government statements, was still coming into focus on Thursday morning as new and unconfirmed reports of sporadic clashes circulated on social media.

With intermittent internet access and few independent witnesses, information coming out of the country was hard to verify.

Galym Ageleulov, who has witnessed the events of the past few days, said he believed that a protest movement that was calling for peaceful change had been co-opted by throngs of criminals. Overnight, the streets were filled with mostly young men, many posing on social media with riot shields and helmets captured from the police. They were highly organized and managed by gang leaders, he said.

“The police have disappeared from the city,” said Mr. Ageleulov, director of the human rights center Liberty in Almaty. “These gang members marched through the city looting stores and setting cars ablaze as they moved; they stormed the City Hall,” he said in a phone interview.

“It was a horrible scene,” he said.

By the morning, Almaty had been transformed: Commercial banks were ordered closed with many Kazakhs rushing to A.T.M.s desperate to withdraw cash; stores were closed, causing many residents line up for bread, a scene unseen in the country for decades; at times, the internet has been shut down, disrupting basic infrastructure work.

Almaty’s City Hall, an imposing white building that once served as the Communist Party headquarters, was charred black from the flames that burned through the night. Members of the special forces roamed the surrounding streets firing live ammunition trying to quell the uprising.

The revolt began on Sunday in western Kazakhstan as a protest against a surge in fuel prices. Even though the government said it would rescind the price increase, the protests widened, spreading across the country, with broader demands for increased political representation and improved social benefits.

The Kazakh president, Kassym-Jomart Tokayev, issued a statement late Wednesday night calling the protesters “a band of terrorists” who had been trained abroad. He declared Kazakhstan to be under attack and asked for intervention from Russia’s answer to NATO, the Collective Security Treaty Organization, to which his country belongs.

The group is effectively led by Russia and also includes former Soviet countries in the Kremlin sphere of influence: Armenia, Belarus, Kyrgyzstan and Tajikistan.

The protests have paralyzed a nation of 19 million. In addition to the bank closures and internet shutdowns, the telephone system has been shut off sporadically, schools have extended their winter break by a week and flights in and out of airports in the cities of Almaty, Aktau and Aktobe have been suspended.

View Source

>>> Don’t Miss Today’s BEST Amazon Deals! <<<<

Global Construction Sealant Markets, Technology Landscape, Trends and Opportunities Report 2022 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Technology Landscape, Trends and Opportunities in the Global Construction Sealant Market” report has been added to ResearchAndMarkets.com’s offering.

This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in the construction sealant market.

The technologies in construction sealant have undergone significant change in recent years, from traditional sealants to hybrid sealants. The rising wave of new technologies, such as water based and reactive construction sealants are creating significant potential in glazing, and flooring and joining applications due to enhanced bond strength and durability and increased adhesion to various substrates.

In the construction sealant market, various technologies such as water based, solvent based, and reactive sealants are used in the glazing, flooring and joining, and sanitary and kitchen applications. Increasing renovation activities in the construction industry and various benefits of the construction sealants, such as high durability, strength, increased adhesion to substrates, easy bonding, and safe handling are creating new opportunities for various construction sealant technologies.

Some of the construction sealant companies profiled in this report include 3M, Bostik, Sika, H.B. Fuller, Henkel, BASF, Dow, Wacker, General Electric, and MAPEI.

This report answers the following 9 key questions:

Q.1 What are some of the most promising and high-growth technology opportunities for the construction sealant market?

Q.2 Which technology will grow at a faster pace and why?

Q.3 What are the key factors affecting dynamics of different technologies? What are the drivers and challenges of these technologies in construction sealant market?

Q.4 What are the levels of technology readiness, competitive intensity and regulatory compliance in this technology space?

Q.5 What are the business risks and threats to these technologies in the construction sealant market?

Q.6 What are the latest developments in construction sealant technologies? Which companies are leading these developments?

Q.7 Which technologies have potential of disruption in this market?

Q.8 Who are the major players in this construction sealant market? What strategic initiatives are being implemented by key players for business growth?

Q.9 What are strategic growth opportunities in this construction sealant technology space?

Key Topics Covered:

1. Executive Summary

2. Technology Landscape

2.1. Technology Background and Evolution

2.2. Technology and Application Mapping

2.3. Supply Chain

3. Technology Readiness

3.1. Technology Commercialization and Readiness

3.2. Drivers and Challenges in Construction Sealant Technologies

3.3. Competitive Intensity

3.4. Regulatory Compliance

4. Technology Trends and Forecasts analysis from 2013-2024

4.1. Construction Sealant Opportunity

4.2. Technology Trends (2013-2018) and Forecasts (2019-2024)

4.2.1. Water based

4.2.2. Solvent based

4.2.3. Reactive

4.2.4. Others

4.3. Technology Trends (2013-2018) and Forecasts (2019-2024) by Application Segments

4.3.1. Glazing

4.3.1.1. Water based

4.3.1.2. Solvent based

4.3.1.3. Reactive

4.3.1.4. Others

4.3.2. Flooring and Joining

4.3.2.1. Water based

4.3.2.2. Solvent based

4.3.2.3. Reactive

4.3.2.4. Others

4.3.3. Sanitary and Kitchen

4.3.3.1. Water based

4.3.3.2. Solvent based

4.3.3.3. Reactive

4.3.3.4. Others

5. Technology Opportunities (2013-2024) by Region

5.1. Construction Sealant Market by Region

5.2. North American Construction Sealant Market

5.2.1. United States Construction Sealant Market

5.2.2. Canadian Construction Sealant Market

5.2.3. Mexican Construction Sealant Market

5.3. European Construction Sealant Market

5.3.1. The United Kingdom Construction Sealant Market

5.3.2. German Construction Sealant Market

5.3.3. French Construction Sealant Market

5.4. APAC Construction Sealant Market

5.4.1. Chinese Construction Sealant Market

5.4.2. Japanese Construction Sealant Market

5.4.3. Indian Construction Sealant Market

5.4.4. South Korean Construction Sealant Market

5.5. ROW Technology Market

6. Latest Development and Innovation in Construction Sealant Technologies

7. Companies/Ecosystem

7.1. Product Portfolio Analysis

7.2. Market Share Analysis

7.3. Geographical Reach

8. Strategic Implications

8.1. Implications

8.2. Growth Opportunity Analysis

8.2.1. Growth Opportunities for the Construction Sealant Market by Technology

8.2.2. Growth Opportunities for the Construction Sealant Market by Application

8.2.3. Growth Opportunities for the Construction Sealant Market by Region

8.3. Emerging Trends in the Construction Sealant Market

8.4. Disruption Potential

8.5. Strategic Analysis

8.5.1. New Product Development

8.5.2. Capacity Expansion of the Construction Sealant Market

8.5.3. Mergers, Acquisitions, and Joint Ventures in the Construction Sealant Market

9. Company Profiles of Leading Players

9.1. 3M

9.2. Bostik

9.3. Sika

9.4. H.B. Fuller

9.5. Henkel

9.6. BASF

9.7. Dow

9.8. Wacker

9.9. General Electric

9.10. MAPEI

For more information about this report visit https://www.researchandmarkets.com/r/zcwmfp

View Source

>>> Don’t Miss Today’s BEST Amazon Deals! <<<<

Daikin Announces Daikin ATMOSPHERA with R-32 Refrigerant

HOUSTON–(BUSINESS WIRE)–For the first time in North America, Daikin is launching a home comfort product featuring R-32, a refrigerant with one-third the Global Warming Potential (GWP) of the most common refrigerants currently being used in the United States and Canada.

The new Daikin ATMOSPHERA system featuring R-32 refrigerant from Daikin North America LLC is a single zone, ductless system that gains impressive efficiencies over its R-410A predecessor line, the LV Series, with up to 27.4 SEER, 13.8 HSPF and 16.3 EER ratings for ultra-efficient cooling and heating. Four sizes of indoor and outdoor heat pumps are available, from 9,000 to 24,000 BTU.

“Daikin has sold over 33 million R-32 systems in more than 100 countries and regions,” said Takayuki (Taka) Inoue, Executive Vice President and Chief Sales and Marketing Officer. “We are excited to be the first to bring this proven technology to North America. With an estimated 160 million R-32 systems sold by Daikin combined with other manufacturers worldwide, we are confident R-32 has the all-around performance benefits to make it the ideal replacement for R-410A.”

“Daikin ATMOSPHERA brings North America a powerful, new single-zone system that has a lower GWP, is more efficient and may help lower end-user electric bills compared to R-410A models,” explains Connie Schroder, Sr. Product Manager – Single and Multi-Zone Systems for Daikin. “We’ve also built advanced features into Daikin ATMOSPHERA heat pumps that improve comfort, cleanliness, and usability while simplifying maintenance.”

Daikin ATMOSPHERA’s heat pump performance over its R-410A predecessor is substantial, offering greatly enhanced heating and cooling capacities. The units feature up to 100 percent rated heating capacity at 5°F WB ( -15° C WB) and confirmed continuous operation as low as -13°F WB (-25°C WB). Rated cooling capacity is up to 100 percent at 115°F DB (46°C DB).

New hybrid cooling technology efficiently controls humidity, even in low-cooling loads, and maintains dehumidification effect after the target temperature is reached. Daikin ATMOSPHERA’s novel “CLEAN” operation dries the interior of the indoor unit to reduce the amount of condensation present, while a detachable drain pan allows for easy cleaning.

With the indoor unit’s built-in Wi-Fi, the system can be controlled via the internet with the Daikin Comfort Control App without the need for an additional adaptor. Daikin ATMOSPHERA’s Intelligent Eye employs an infrared sensor to detect movement in the room. If the room is empty for 20 minutes, the set point is changed to start saving energy.

Installation is now more flexible with 50 percent longer piping lengths up to 49 feet, compared to other Daikin single zone systems.

Indoor units include a wireless infrared controller and are compatible with the full suite of optional s21-based single and multi-zone controls solutions, including the Daikin One+ smart thermostat.

Daikin ATMOSPHERA is currently available in Washington, Oregon, and Florida.

Daikin ATMOSPHERA single zone systems are backed by a 12-year parts limited warranty. Complete warranty details available from your local dealer/contractor or at www.daikincomfort.com. To receive the 12-year parts limited warranty, online registration must be completed within 60 days of installation. Online registration is not required in California or Québec.

For more about Daikin ATMOSPHERA and the low-GWP potential benefits of R-32, visit www.DaikinAtmosphera.com and www.R32Reasons.com.

###

About Daikin

Daikin Industries, Ltd. (DIL) is a Fortune 1,000 company with more than 84,870 employees worldwide and is the world’s number 1 air conditioning company. Daikin North America LLC (DNA) is a subsidiary of DIL. DNA and its affiliates manufacture heating and cooling systems for residential, commercial and industrial use and are sold via independent HVAC contractors. DNA engineering and manufacturing is located at Daikin Texas Technology Park near Houston, TX. For additional information, visit www.northamerica-daikin.com.

Additional Information:

Before purchasing this appliance, read important information about its estimated annual energy consumption, yearly operating cost, or energy efficiency rating that is available from your retailer.

View Source

>>> Don’t Miss Today’s BEST Amazon Deals! <<<<

The Achilles’ Heel of Biden’s Climate Plan? Coal Miners.

All of that has raised the stakes for courting coal miners.

“Our guiding principle is the belief that we don’t have to choose between good jobs and a clean environment,” said Jason Walsh, the executive director of the BlueGreen Alliance, which has united labor and environmental groups to marshal support for initiatives like Mr. Biden’s. “But our ability to continue to articulate that belief with a straight face depends on the policy choices we make.”

“Coal miners,” he added, “are at the center of that.”

It is impossible to explain mine workers’ jaundiced view of Mr. Biden’s agenda without appreciating their heightened economic vulnerability: Unlike the carpenters and electricians who work at power plants but could apply their skills to renewable-energy projects, many miners are unlikely to find jobs on wind and solar farms that resemble their current work. (Some, like equipment operators, have more transferable skills.)

It is also difficult to overstate the political gamesmanship that has shaped the discourse on miners. In her 2016 presidential campaign, Hillary Clinton proposed spending $30 billion on economic aid for coal country. But a verbal miscue — “We’re going to put a lot of coal miners and coal companies out of business,” she said while discussing her proposal at a town hall — allowed opponents to portray her as waging a “war on coal.”

“It is a politicized situation in which one political party that’s increasingly captured by industry benefits from the status quo by perpetuating this rhetoric,” said Matto Mildenberger, a political scientist at the University of California, Santa Barbara, who studies the politics of climate policy.

And then there is Mr. Manchin, a complicated political figure who is among the Senate’s leading recipients of campaign money from the fossil fuel industry.

Mr. Manchin has sometimes resisted provisions favored by the miners’ union, such as wage-replacement payments to coal workers who must accept a lower-paying job. “At the end of the day, it wasn’t something he was interested in doing,” said Mr. Smith, the union’s lobbyist. A spokeswoman for Mr. Manchin declined to comment.

Yet in other ways Mr. Manchin has channeled his constituents’ feelings well, suggesting that he might be more enthusiastic about renewable-energy legislation if they were.

View Source

>>> Don’t Miss Today’s BEST Amazon Deals! <<<<

Can Olaf Scholz, Germany’s New Chancellor, Revive the Left in Europe?

BERLIN — Last December, as he was plotting what most considered to be a hopeless bid to become Germany’s next chancellor, Olaf Scholz interrupted his campaign preparations for a video call with an American philosopher.

Mr. Scholz, a Social Democrat, wanted to talk to the philosopher, Prof. Michael J. Sandel of Harvard, about why center-left parties like his had been losing working-class voters to populists, and the two men spent an hour discussing a seemingly simple theme that would become the centerpiece of the Scholz campaign: “Respect.”

On Wednesday, Mr. Scholz will be sworn in as Germany’s ninth postwar chancellor — and the first Social Democrat in 16 years — succeeding Angela Merkel and heading a three-party coalition government. Defying polls and pundits, he led his 158-year-old party from the precipice of irrelevance to an unlikely victory — and now wants to show that the center-left can again become a political force in Europe.

Mr. Scholz won for many reasons, not least because he persuaded voters that he was the closest thing to Ms. Merkel, but his message of respect resonated, too. For the first time since 2005, the Social Democrats became the strongest party among the working class. Just over 800,000 voters who had abandoned the party for the far left and far right returned in the last election.

President Biden’s political agenda in the United States.

For the center-left in Europe, Mr. Scholz’s victory comes at a critical moment. Over the past decade, many of the parties that once dominated European politics have become almost obsolete, seemingly bereft of ideas and largely abandoned by their working-class base.

The political energy has been on the right, especially the populist far right, with many American conservatives flocking to countries like Hungary to study the “illiberal democracy” of Viktor Orban, that nation’s far-right prime minister.

the lone defender of liberal democracy in an age of global strongmen, whether President Vladimir V. Putin of Russia or President Donald J. Trump. Yet Germany was not immune to populist fury, and the Alternative for Germany, or AfD, won seats in Parliament and became a political force in the country’s east.

“The biggest concern in politics for me is that our liberal democracies are coming increasingly under pressure,” Mr. Scholz says about himself on the Social Democrats’ website. “We have to solve the problems so that the cheap slogans of the populists don’t catch.”

a Trump victory. Then he spent months analyzing why the Democrats lost and reading a raft of books by authors from working-class backgrounds in the United States, France and Germany.

“He studied very carefully what happened in the United States,” said Cem Özdemir, a prominent member of the Greens who is a minister in Mr. Scholz’s incoming government. “He studied the losses of the Democrats in the U.S. Why didn’t Hillary win?”

When Mr. Scholz’s own party collapsed in the 2017 election, losing for the fourth time in a row, he wrote an unsparing paper concluding that one reason the Social Democrats had lost their core voters was that they had failed to offer them “recognition.”

cut benefits and undertook a painful overhaul of the labor market from 2003 to 2005 in a bid to bring down a jobless toll that had surpassed five million. Mr. Scholz, then the party’s general secretary, became the public face of the changes.

Unemployment did gradually fall, but the program also helped create a sprawling low-wage sector and prompted many working-class voters to defect from the Social Democrats.

Professor Sandel argues that it was around this time that center-left parties, including the Democrats of President Bill Clinton, embraced the market triumphalism of the right, became more closely identified with the values and interests of the well-educated and began losing touch with working-class voters.

Mr. Scholz, once a fiery young socialist who joined his party as a teenager, defended workers as a labor lawyer in the 1970s before gradually mellowing into a post-ideological centrist. Today he is considered to be to the right of much of the party’s base, not unlike Mr. Biden, with whom he is sometimes compared, even though, like Mr. Biden, he has demonstrated some liberal reflexes.

a three-party government with the progressive Greens and the libertarian Free Democrats. Their governing treaty calls for raising the minimum wage to 12 euros, or about $13.50, an hour, from €9.60 today — an instant pay rise for about 10 million people. Mr. Scholz has also promised to build 400,000 homes a year, 100,000 more than was previously planned, and to guarantee stable pension levels.

More abstract, but equally important, is his promise of another “industrial revolution” that will aim to make Germany a manufacturing power for the carbon-neutral age and provide the economic bedrock for the welfare state of the future.

“We need to tell people two things,” Mr. Scholz said during the campaign. “First, that we need respect, we need good pay and proper recognition for work. And second, we have to ensure that there are good jobs in the future.”

the Socialist mayor of Paris, Anne Hidalgo, who recently announced her own long-shot presidential bid, has evoked the “respect” theme.

But slogans go only so far. The Social Democrats came in first in the splintered September vote in Germany but mustered only 26 percent of the total, a far cry from the 40 percent they recorded at the start of Mr. Schröder’s first term. Mr. Kühnert, the party’s general secretary, said that Mr. Scholz’s challenge was to show that the Social Democratic model is the right approach for the country and beyond.

“We hope that our election victory in Germany will send a signal for the revival of social democracy internationally,” Mr. Kühnert said. “We’re looking above all to the rest of Europe, because we need to strengthen the E.U. in the next years if we want to have anything to say in the world in coming years.”

Christopher F. Schuetze contributed reporting.

View Source

>>> Don’t Miss Today’s BEST Amazon Deals! <<<<