BEIJING IS MAD AT LUCKIN COFFEE. Chinese watchdogs are looking into alleged fraud at the U.S.-listed company, which tried to challenge Starbucks in the People’s Republic. The virus hit sales, and now it looks like historic revenue was wildly inflated too. With shares down nearly 90% this year, short-selling China bears Muddy Waters and Kynikos Associates look smug. Likewise pleased, perhaps, is American Senator Marco Rubio, who wants to delist Chinese firms that don’t allow full U.S. oversight of mainland auditors. … [Read more...] about Breakingviews – Corona Capital: Luckin Coffee, NMC Health
Decaf coffee starbucks
It was delivered sardonically, undoubtedly tongue-in-cheek, but was also a useful pointer to white, liberal, middle-class feeling. It was also an unintended guide to what we talk about when we talk about gentrification – that the filter for the media conversation remains depressingly narrow. The rise in volume of media coverage of gentrification in Britain has not been accompanied by a rise in awareness that minority citizens are more likely to be victims of displacement. The neighbourhoods on the receiving end of racial profiling and stop-and-search by police, or aggressive raids by border agents, are the same ones transforming into places ready to have the word “village” added to their name. For every story about the Focus E15 mums there have been two more along the lines of “I’m middle-class and even I’m being pushed out of London”. … [Read more...] about Gentrification X: how an academic argument became the people’s protest
Keeping things clean is an important way to stop the spread of the virus; the CDC has recommended that we wash clothing "using the warmest appropriate water setting … and dry items completely." But the additional use of very hot water and electric dryers will increase energy consumption. … [Read more...] about Coronavirus: Can we still live sustainably?
Known as “shirtlessrunner” on social media, Hill has run nearly 50 marathons with his top off. His race companion Zachary Thomas, 25, dressed to parody Hill for the occasion, in a curly orange wig and a T-shirt decorated with abdominal muscles — a shirt that made Thomas look shirtless. … [Read more...] about Bay to Breakers footrace gets wet and wild on San Francisco streets
The sponge Schuhbeck lines his dough with cake crumbs, Dunk with semolina and my mum reckons her landlady used to use breadcrumbs – all to soak up the crimson juices of the ripe plums as they split in the oven. This strikes me as a very good idea: a certain amount of damp squidge is desirable, but sogginess certainly isn’t. Spare cake is not something I have lying around, however, and semolina, though easier to resist, isn’t half as nice with plums as ground almonds, so I decide to give them a whirl instead, and find they work admirably. If you’d prefer to keep it nut-free, use one of the other options instead. … [Read more...] about How to make the perfect German plum cake