HBCU students’ Detroit mobile grocery idea lands them Ally internships

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Alabama A&M University students won the Ally Financial Moguls in the Making competition, each winning a $10,000 scholarship and an internship at the company. (Photo: Ally Financial)

Several historically Black colleges and universities students walked away with internships and thousands of dollars in scholarships after creating business plans that would solve Detroit-based problems in a competition. 

The second annual HBCU business plan pitch competition, called Moguls in the Making, was hosted Sunday by Ally Financial Inc., which is based in Detroit. Ally Financial partnered with the Thurgood Marshall College Fund and Big Sean’s the Sean Anderson Foundation to host the event. 

Excitement was shared virtually Sunday evening as teams from 11 HBCUs had the opportunity to

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Rebound in auto market – Egypt – Al-Ahram Weekly


The Egyptian auto industry witnessed a 5-10 per cent rise in the price of new passenger cars in the beginning of the fourth quarter of the year after seeing a noticeable recovery in sales during the third quarter of 2020.


According to experts, the coronavirus, insufficient supply, a notable rise in demand on cars as well as the increase in the euro exchange rate against the Egyptian pound led to the price hikes.


“The increase in the cost of new cars which the local market is currently witnessing is reasonable,” Ahmed Al-Mazahi, director-general of Al-Masria Auto, one of the largest showrooms in Egypt, told Al-Ahram Weekly.


The auto market hasn’t recovered from the repercussions of the coronavirus pandemic as passenger car imports are limited as well as the purchases of parts used in local assembly lines, Al-Mazahi said.


Due to the lockdown and also the

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These car seat deals are too good to miss

Amazon Prime Day 2020: Don’t miss out on these great deals on car seats. (Photo: Jovanmandic, Getty Images/iStockphoto)

— Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission.

The most important piece of baby gear to purchase is a reliable and safe car seat. A great car seat can protect your child from injury in the event of an accident, and you won’t even be allowed to leave the hospital with your baby until the nurses have verified that you have a properly-installed car seat.

If you’ve been putting off purchasing a car seat—or your child is ready to move up to a convertible seat or a booster—Amazon Prime Day is the perfect time to score a deal on this oh-so-important piece of gear. 

Be sure to check out our round-up of the best Amazon Prime Day deals you can get

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Xbox Series X and S roll with Auto HDR (by default)

Today a Microsoft representative confirmed that the Xbox Series X and the Xbox Series S consoles will work with Auto HDR. That’s high dynamic range, turned on by default, for all titles, for both consoles. Per Peggy Lo, Compatibility Program Lead for Xbox, “this gives an extra sense of richness and depth to the image when compared to a standard dynamic range (SDR) image”.

The first time the Xbox ecosystem worked with HDR in a significant way was with Xbox One S. Unfortunate for owners of the Xbox One, “thousands of Xbox games shipped before HDR was first introduced with Xbox One S.”

Microsoft wants all the games to look as colorful, sharp, deep, and aesthetically amazing as possible, given the hardware capabilities of the Xbox Series X and Xbox Series S. But since implementing HDR compatibility with a game takes development resources and time, they’ve decided to go ahead

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Used vehicle prices increased during pandemic due to lack of inventory

DETROIT (AP) — It cost a whole lot more to buy a used SUV, car, truck or van last month than it did before the coronavirus hit and that almost singlehandedly caused September’s modest consumer price increase.

Blame it on the pandemic, which knocked supply and demand way out of whack, causing prices to spike.

The good news is that inventories are being replenished and prices are beginning to drop.

“The law of supply and demand worked,” said Earl Stewart, owner of a Toyota dealership in North Palm Beach, Florida. “I think things are coming back to normal.”

When the novel coronavirus made its way to the industrial Midwest and the South in March and April, it forced automakers to shutter factories and many dealers closed. Sales of new vehicles tanked. With few vehicles being traded in for new ones, and leases being extended, the supply of used vehicles dried

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Erdene Announces Conversion of EBRD Convertible Loan and Provides Bayan Khundii Gold Project Update

Erdene Announces Conversion of EBRD Convertible Loan and Provides Bayan
Khundii Gold Project Update

HALIFAX, Nova  Scotia,  Oct. 13,  2020  (GLOBE NEWSWIRE)  --  Erdene  Resource
Development Corp. (TSX:ERD;  MSE:ERDN) ("Erdene" or  the "Company")  announces
that the European Bank for  Reconstruction and Development (“EBRD” or  “Bank”)
has exercised its conversion option in respect of its US$5 million convertible
loan (“Convertible  Loan”)  with  the Company.  Following  conversion  of  the
Convertible  Loan,  the  EBRD  owns  and  controls  30,043,290  common  shares
representing approximately 11.2% of the  issued and outstanding common  shares
of the Company.

Erdene is  also  pleased to  provide  a  project update  for  its  100%-owned,
high-grade, open-pit Bayan Khundii Gold  Project (“Bayan Khundii” or “BK”)  in
southwest Mongolia.

Quotes from the Company and EBRD:

"The proceeds of the  EBRD Convertible Loan provided  the funding to  complete
the recently announced  Bayan Khundii  Gold Project  Feasibility Study,”  said
Peter Akerley, Erdene’s President and CEO. “The 
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Automotive Locksmith Minneapolis Professionals Respond to Emergency And Security Needs Of Vehicle Owners

Automotive Locksmith Minneapolis Professionals Respond to Emergency And Security Needs Of Vehicle Owners

As the security needs of homes and businesses change and expand, the same is true of the automobile industry. Every year, there is an entirely new crop of vehicle makes and models. The 1st Minneapolis Locksmith has the knowledge and equipment to respond.

1st Minneapolis Locksmith is pleased to announce that the automotive locksmith Minneapolis company has the knowledge and experience to stay abreast of the many automobile makes and models which are produced each year. Even as the automobiles change, vehicle owners expect that they will be assured of their possessions’ safety. In order to secure an automobile and other possessions, security professionals need the knowledge and equipment to provide the improved level of locks and keys of all types. 

When a vehicle is purchased, current models often have a sophisticated key and key fob. The more modern automobiles may even have a keyless entry system. Today’s locksmiths need

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Amazing car deals you can get from Amazon’s big sale

Amazon Prime Day 2020: The AstroAI digital tire pressure gauge is discounted for the annual Prime Day sale. (Photo: Amazon Prime Day 2020: AstroAI)

— Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission.

This year may feel like it sped by, but Prime Day just arrived and it’s time to dig into some of the best deals of the year. Even if you don’t have a Prime Membership, you can join anytime during the Prime Day Sale with a 30-day free trial to cash in on the deals. 

Drivers can find discounts on an array of products, from floor mats to tire pressure gauges. The great deals don’t end there—Prime Day is one of the best days of the year to stock up on a variety of products, too. So get in on the action before it zips by. 

Need

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Used vehicle prices rise thanks to coronavirus, but relief is coming

DETROIT (AP) — It cost a whole lot more to buy a used SUV, car, truck or van last month than it did before the coronavirus hit, and that almost singlehandedly caused September’s modest consumer price increase.

Blame it on the pandemic, which knocked supply and demand way out of whack, causing prices to spike.

The good news is that inventories are being replenished, and prices are beginning to drop.

“The law of supply and demand worked,” said Earl Stewart, owner of a Toyota dealership in North Palm Beach, Florida. “I think things are coming back to normal.”

When the novel coronavirus made its way to the industrial Midwest and the South in March and April, it forced automakers to shutter factories, and many dealers closed. Sales of new vehicles tanked. With few vehicles being traded in for new ones, and leases being extended, the supply of used vehicles dried

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Manheim adds locations to mobile auction sales progam





ATLANTA – 

Manheim has expanded its mobile auction network, with a new mobile sale launching Wednesday in Rochester, N.Y.

The company is conducting the Manheim Rochester site in partnership with Bob Johnson Automotive Group.

Manheim Rochester, which was previously Central Auto Auction, is the auction company’s first physical presence in the area.

(A Manheim spokesperson confirmed that the site is still owned by Bob Johnson Automotive and that the sale is a partnership between the dealer group and Manheim).

Manheim added a mobile sale in Novi, Mich., which is hosted by Manheim Detroit, in August.

The company now hosts more than 45 monthly mobile sales.

Among those are 27 recurring sales and 18 event sales. The mobile auctions are held at “non-traditional locations” including dealerships, hotels, race tracks and beyond.

In short, all the usual technology and amenities

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