Tag: Decade

City approves central business district for another decade

TUCSON, Ariz. (KOLD News 13) -Tuesday, the city of Tucson’s mayor and council vote to extend the central business district for another 10 years.



a tall building in a city: Downtown Tucson will remain in the central business district.


© Provided by Tucson (Sierra Vista) KOLD
Downtown Tucson will remain in the central business district.

Brian Flagg and Roxy Valenzuela walk around the block on 25th and 4th—the area the City of Tucson and South Tucson are separated.

“I see bars and restaurants coming in this direction that aren’t for the people who live in the city of South Tucson,” said Brian Flagg, who opposes a central business district.

Flagg says the differences from one side of the street to the other are stark, and something like central business district would highlight those differences even more.

“It’s like the world changes, and it’s much more low income, and I think that’s starting to change,” said Flagg.

Valenzuela and Flagg are part of a movement

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Reform of Life Insurance Business Will Lay Solid Foundation for Next Decade

HONG KONG and SHANGHAI, Sept. 14, 2020 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEX: 2318; SSE: 601318) announced that its life insurance arm, Ping An Life, is driving business in four key areas: its growth model, marketing, product strategy and channel integration.

During the 2020 interim results conference, Lu Min, Chief Insurance Business Officer of Ping An, said, “Despite the unprecedented challenges and the industry’s inertia to sweeping changes, we are confident that this reform will pave the way for Ping An Life’s further development in the next decade.”

Ping An Life’s Reform Will Set It Apart

The previous round of business reform for Ping An Life began in 2004. Based on market conditions, Ping An switched from investment-linked insurance products to protection products and withdrew from low-value bancassurance channels. The number of insurance agents shrank to 200,000 from 320,000.

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Why The Stock Market Is Poised To Disappoint For A Decade Or Longer

Perhaps it is due to the innovation cycle, but companies seem to emerge every two-to-three decades that are so powerful, and their business models so unassailable, it becomes nearly impossible to image a world in which they could be challenged successfully. Growth prospects virtually assured, investors come to believe their dominance is permanent; and their stocks increasingly become seen as “no-brainer” investments.

No-brainers are necessarily large corporations, mega-caps really, because it takes years and years of success for a company to build a formidable reputation. No-brainers are always the “top dogs” in a massive addressable market.

Half a century ago, the no-brainers of the time were called, Nifty-fifty stocks. These were big and solidly profitable blue-chip companies holding sway over fast-growing, ever expanding markets. They included great companies like Coca-Cola
KO
, Disney and 3M
MMM
and outperformed every Index for several years,

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