31 July 2024

PAYLOAD RESEARCH: Boeing’s Starliner has cost at least twice as much as SpaceX’s Crew Dragon

Boeing has some work to do to find a long-term fix for safety issues on future Starliner missions


Boeing’s Starliner has cost at least twice as much as SpaceX’s Crew Dragon
"Risk remains that we may record additional losses in future periods."
Stephen Clark - 7/31/2024, 5:27 PM
Boeing's Starliner has cost at least twice as much as SpaceX's Crew Dragon  | Ars Technica

Boeing's Starliner has cost at least twice as much as SpaceX's Crew Dragon | Ars Technica


Boeing announced another financial charge Wednesday for its troubled Starliner commercial crew program, bringing the company's total losses on Starliner to $1.6 billion.

In its quarterly earnings report, Boeing registered a $125 million loss on the Starliner program, blaming delays on the spacecraft's still-ongoing Crew Flight Test, the program's first mission to carry astronauts into orbit. 
This is not the first time Boeing has reported a financial loss on Starliner. 
Including the new charge announced Wednesday, Boeing has now suffered an overall loss on the program of nearly $1.6 billion since 2016.

These losses have generally been caused by schedule delays and additional work to solve problems on Starliner. When NASA awarded Boeing a $4.2 billion contract to complete development of the Starliner spacecraft a decade ago, the aerospace contractor projected the capsule would be ready to fly astronauts by the end of 2017.
It turns out the Crew Flight Test didn't launch until June 5, 2024.

In a separate announcement Wednesday, Boeing named Kelly Ortberg as the company’s CEO, effective August 8. He will replace Dave Calhoun, whose tenure as Boeing’s chief executive was marred by scandals with the 737 MAX passenger airplane. Ortberg was previously CEO of Rockwell Collins, now known as Collins Aerospace, a major supplier of avionics and other parts for the aerospace industry.

Boeing is on the hook
When NASA selected Boeing and SpaceX to develop the Starliner and Crew Dragon spacecraft for astronaut missions, the agency signed fixed-price agreements with each contractor. These fixed-price contracts mean the contractors, not the government, are responsible for paying for cost overruns. . . .

Elon Musk Finally Revealed Why Boeing Starliner FAILED: NASA Fixed  Contracts?
Uploaded: Jul 25, 202466.2K Views3.41K Likes
... , ===, 00:00: Intro, 00:44: Why has Boeing Starliner failed?, 03:17: Fixed contracts’ impact, 06:07: Other companies’ problem, 08:36: SpaceX’s superiority, 09:41:

MARKETING INNOVATION + MARKETING | AdWeek

Adweek is the leading source of news and insight serving the brand marketing ecosystem. 
First published in 1979 and owned by Shamrock Capital since 2020, Adweek’s award-winning coverage reaches an engaged audience of professionals across platforms including print, digital, events, podcasts, newsletters, social media and mobile apps. 
As a touchstone of the advertising and marketing community, Adweek is an unparalleled resource for leaders across multiple industries who rely on its content to help them do their jobs better.

No Soda Has Grabbed More Market Share in the Past 20 Years Than Coca-Cola Zero Sugar

One factor behind the brand's steady rise: a willingness to change

paul.hiebert2.0

With C-suite leaders from iconic brands keynoting sessions, leading workshops and attending networking events, Brandweek is the place to be for marketing innovation and problem-solving. Register to attend September 23–26 in Phoenix, Arizona.

After a stronger-than-expected second quarter, which saw net sales increase 3% to $12.4 billion, the Coca-Cola Company has raised its full-year outlook.
“We are encouraged with our second quarter results, which delivered solid topline and operating income growth in an ever-changing landscape,” James Quincey, CEO of the Coca-Cola Company, said in a statement.
Coca-Cola’s latest earnings success comes at a time when the soda business as a whole is in decline. Between 2004 and 2023, the volume of carbonated soft drinks bought and sold in America decreased 27%, according to trade publication Beverage Digest.
Still, amid the category’s downward trajectory one brand has continued to rise, capturing more market share in the past 20 years than all the others. That brand: Coca-Cola Zero Sugar.
Since debuting in 2005, the sugar-free beverage has grabbed 3.8% of the U.S. market, putting it in seventh place overall just behind PepsiCo’s Mountain Dew.

Pepsi Zero Sugar, which first showed up in America as Diet Pepsi Max in 2007, represents 0.8% of the category.

Duane Stanford, editor and publisher of Beverage Digest, noted that while Coca-Cola variations have come and gone over the years, none have performed as well as Coca-Cola Zero Sugar.

“It is by all measures a success,” he said.

One factor driving Coca-Cola Zero Sugar’s prosperity has been a willingness to change
Since appearing on store shelves, the brand has reconfigured its formula twice—once in 2017 and again in 2021—to get the taste as close to conventional Coca-Cola as possible.
“Coca-Cola Zero Sugar is an ongoing example of how superior taste drives demand,” Quincey told analysts during an earnings call in February.
The beverage hasn’t shied away from altering its image, either.
  • Introduced as Coca-Cola Zero in 2005, the brand updated its name to Coca-Cola Zero Sugar in 2017. 
  • Four years later, it redesigned its packaging to mimic traditional Coca-Cola, just with black font instead of white.
“The company wants its zero-sugar cola to benefit from 140 years of brand value,” said Stanford.

Coca-Cola Zero Sugar’s 2021 package redesign.

With 19.2% market share, classic Coca-Cola dominates the soda category. Dr Pepper comes next, followed by Pepsi.

Varchasvi Singh, a foodservice analyst at market research firm Mintel, explained the sweet spot for zero-sugar formulations is creating a product that “meets consumers’ dietary aspirations without requiring them to compromise on taste or change their brand loyalties.”

 Click here for more >  ADWEEK 

"The Council for Support of Entrepreneurship under Martial Law

 "This is a response to the needs of society, to the demands of businesses and investors who want to see fairness and integrity in the work of law enforcement. I am pleased that the discussion about the pressure of regulatory bodies on business will finally be transferred to the realm of numbers and data, rather than social media posts," emphasized the Head of the President's Office.
Why Martial Law Cheapens Ukraine's Democracy - Atlantic Council
Why Martial Law Cheapens Ukraine's Democracy 
- Atlantic Council
Prosecutor General Andriy Kostin mentioned that more information is planned to be added to the dashboard in the future, and the tool itself will be extended to other types of criminal offenses.
Minister of Digital Transformation Mykhailo Fedorov added that over the coming months, they will study the dashboard's operation and collect user feedback for its improvement.

In January of this year, President Volodymyr Zelenskyy tasked the protection of businesses from potential abuses by law enforcement agencies. 
  • One of the directions of this work was the development of the URPI dashboard. 
The President's Office, the Prosecutor General's Office, the Ministry of Digital Transformation, the Ministry of Justice, the State Judicial Administration, and the Council for Support of Entrepreneurship under the President of Ukraine collaborated on its implementation.

A Dashboard with Information on Proceedings Against Business Was Launched in Ukraine

31 July 2024 - 13:30

A Dashboard with Information on Proceedings Against Business Was Launched in Ukraine

Head of the President's Office Andriy Yermak participated in the presentation of a dashboard featuring data from the Unified Register of Pre-trial Investigations regarding proceedings against business.

"The Council for Support of Entrepreneurship under Martial Law was  initiated by the President of Ukraine and demonstrates its effectiveness. Today, another product of joint work is being presented – an effective mechanism for enhancing the transparency and efficiency of law enforcement agencies in Ukraine," Andriy Yermak noted.

The dashboard contains data on the number of registered, suspended, resumed, or closed offenses, as well as the number of individuals who were notified of suspicion, subjected to preventive measures, suspended from their positions, the amount of damage caused to the state, and the amount of compensation recovered. 
Access to it is open to everyone. . ."

Ukraine Establishes Council to Support Entrepreneurship During Martial Law, Launches ‘Made in Ukraine’ Economic Platform

by Roman Cheplyk
Monday, January 29, 2024
2 MIN
Ukraine Establishes Council to Support Entrepreneurship During Martial Law, Launches ‘Made in Ukraine’ Economic Platform

On January 26, 2024, Ukrainian President Volodymyr Zelenskyy signed Decree No. 30/2024, establishing the Council on Business Support in Martial Law

This advisory body under the President aims to strengthen the collaboration between the state and the business sector under martial law conditions, focusing on preserving and developing entrepreneurial potential.
The Council's primary responsibilities include analyzing the state of entrepreneurship rights under martial law, shaping policies to guarantee these rights, and proposing solutions to address related issues. It is expected to facilitate effective interaction between the state, business entities, public associations, and to share international best practices.


Simultaneously, President Zelenskyy signed Decree No. 31/2024, initiating the All-Ukrainian economic platform
"Made in Ukraine."

This platform is designed to foster dialogue and unite efforts of the government and business community to tackle challenges posed by Russia's armed aggression against Ukraine, enhance the activity of Ukrainian producers, and boost the national product’s popularity and marketability. It also aims to improve the investment environment and create economic conditions for Ukraine's economic recovery, modernization, and growth.
The "Made in Ukraine" platform, patronized by the President, will serve as a hub for consistent communication and coordination among state bodies, relocated enterprises, businesses of varying sizes, entrepreneur associations, foreign investors, political figures, scientists, and experts.
The Office of the President, the Cabinet of Ministers, and regional state administrations, in collaboration with entrepreneur associations and experts, are tasked with presenting the platform's concept and structure and ensuring its operational launch within a month.
This development follows the President’s enactment of the National Security and Defense Council's decision on January 23, 2024, regarding immediate measures for economic security during martial law. The NSDC’s recommendation led to the formation of the Council on Business Support in Martial Law.

For more details, visit the official online representation of the President of Ukraine.

Volodymyr Zelenskyy met with representatives of the Council for Support of Entrepreneurship under Martial Law

15 February 2024 - 21:49

Volodymyr Zelenskyy met with representatives of the Council for Support of Entrepreneurship  under Martial Law — Official website of the President of Ukraine
President of Ukraine Volodymyr Zelenskyy met with representatives of the Council for Support of Entrepreneurship under Martial Law.

The event was attended by the Council members and government officials, including 
  • Head of the Presidential Office Andriy Yermak, 
  • First Deputy Prime Minister – Minister of Economy of Ukraine Yuliia Svyrydenko, 
  • Deputy Prime Minister for Innovation, Education, Science and Technology Development of Ukraine – Minister of Digital Transformation Mykhailo Fedorov, 
  • Prosecutor General of Ukraine Andriy Kostin, 
  • Deputy Head of the Presidential Office Rostyslav Shurma, and 
  • Advisor to the Head of the Presidential Office Dariia Zarivna.
Volodymyr Zelenskyy noted that he had established the Council to merge the efforts of the state and business towards preserving and developing Ukraine's entrepreneurial potential in the face of Russia's full-scale war against our country.

"War issues take up almost all of my time. I stand for state institutions helping entrepreneurs. You are now ready to act, you have the energy to focus on these issues. Because this is your life and you know what laws need to be changed, what amendments need to be made, what reforms need to be brought to the parliament. 
These are universal issues,"
--- the President said, addressing business representatives.

For his part, the Head of the President's Office spoke about the work done together with the Council members. In particular, he noted that pursuant to the President's instruction, the Council had conducted a series of meetings and come up with a list of the most pressing issues to be resolved. . .
Particular attention was paid to the introduction of digital solutions to modernize the interaction between the state and business, namely, the creation of a platform for receiving feedback from business and an analytical module for the Unified Register of Pre-trial Investigations, which will allow to see the full picture of criminal proceedings in the country in real time.
  • The digital platform is expected to facilitate feedback between the government and businesses – regional, small, and medium-sized – and to provide insight and an opportunity to systematize the issues that are of primary concern to entrepreneurs and identify ways to improve the business environment.
  • For each of the issues discussed, the parties outlined an action plan and ways for business to participate in developing systemic, concrete solutions with the involvement of the Council for Support of Entrepreneurship under Martial Law, a wide range of businessmen, and the Made in Ukraine platform.
The entrepreneurs thanked the President and other government officials for the constructive dialog.
In particular, Oleh Horokhovskyi, co-founder of FINTECH BAND LLC and the Monobank project, member of the Council, noted that representatives of the government, parliament, and many specialized experts were involved in the consultations, which gives entrepreneurs hope for a positive outcome.
"The Head of the Presidential Office has done a great job in preparing this meeting. Many stakeholders were involved in consultations with us, and we saw constructive thinking and a sincere desire to improve the efficiency of interaction between the state and business. We are very inspired by this track and want to assure you that we will actively support and communicate all the positive decisions that we will come up with and that will be adopted by your team to support business in Ukraine," the businessman said.
  • He noted that it is impossible to win this war without the bravery of our warriors, without a robust defense industry, without the help of our allies, and without powerful Ukrainian entrepreneurs.
"We consider this work a great trust and a great responsibility. And our duty and sincere desire is to help the country. Together we want to create a country where businessmen are respected. Especially those who pay taxes and do not break the law. They should feel respect, appreciation and support," added Oleh Horokhovskyi.