Latest news with #Elevator
3 days ago
- Entertainment
July 2025: The high-street payday summer hits on sale
Fashion by Sarah Joseph June 30, 2025 Summer wardrobes, rejoice. As paychecks drop and temperatures rise, the high street is bringing the heat with stylish payday hits that won't break the bank. From breezy co-ords and statement accessories to city-chic tailoring and vacation-ready sandals, these are the payday-approved pieces worth clicking 'add to cart' for. Whether you're styling for a sunset dinner, a rooftop brunch, or just want to upgrade your everyday uniform, consider this your cheat sheet to what's trending—on sale and on point. So, here's what to look for whether you're shopping around the mall or simply scrolling on all the websites. The Outfit Elevator Instant chic, no stylist required. With dresses think sculptural, swishy, and under-the-radar cool. For your workwear staples, aan oversized The Accessories Boost Because one new bag changes everything. From square-toed sandals to raffia bags, that look expensive, Mango is your go-to guide. The Feel-Good Finds Small treats, big serotonin. From that H&M home santal candle to that printed scarf from Zara, the small find are actually big wins, especially when it's payday. The Capsule Classics Payday is the time to shop smarter. Be it tailored denim that works with heels or slides. So swipe through our favourite buys, to save your time from all the scrolling. – For more on luxury lifestyle, news, fashion and beauty follow Emirates Woman on Facebook and Instagram Images: Supplied & Feature Image: Pinterest
Yahoo
14-06-2025
- Business
- Yahoo
3 Affordable Cities for Young Entrepreneurs
Young entrepreneurs should bring their ambition, talent and work ethic to affordable cities with booming economies, innovative industries, a talented labor pool and sprawling professional networks. There are many to choose from, but an exceptional trio of cities stands out. Read More: Consider This: The list includes only cities with average Zillow home values lower than the national average, which the platform cites as $367,711 as of Jun. 10, and below-average living costs, as calculated by AreaVibes. Each is also business-friendly, with favorable regulations, modest tax burdens and large influxes of young founders flocking to its plentiful resources, strategic infrastructure and strong livability ratings. Cost of living: 6% below the national average Average home value: $249,725 In February, Silicon Prairie News reported that a co-warehousing startup called Elevator, founded in Omaha in 2021, was expanding into Kansas City. This up-and-coming company is hardly alone. Kansas City is a major hub in the so-called Silicon Prairie, a network of affordable Midwest metros with booming tech sectors, diverse economies and fast-growing, innovative companies. According to corporate campus provider Aspira, which leases 3.8 million square feet of Class-A office space in K.C. Metro, Kansas City: Is home to more than 1 million non-farm employees. Ranks No. 3 in tech job growth behind only San Francisco and Austin. Is a trendy city that skews young. For You: Cost of living: 1% below the national average Average home value: $257,547 According to the city's Economic Development Authority (EDA), St. Cloud has been known for more than a decade as Minnesota's Silicon Prairie, thanks to its vibrant tech sector, diverse economy, reliable public transit, major transportation centers and robust digital infrastructure. The downtown area has more than a dozen high-tech companies in a five-block radius, and 100% of the city lives in an area with at least three broadband carriers. Its entrepreneurial ecosystem includes initiatives like StageWorks, which provides pop-up storefront spaces, co-working memberships and flexible and affordable office rentals. The Greater St. Cloud Development Corporation provides resources like free business coaching, resource matchmaking events and pitch competitions. Cost of living: 14% below the national average Average home value: $203,967 Founders who prefer life in a small city of roughly 40,000 people might consider Florence, which has exceptionally-low living and housing costs but a wealth of resources for entrepreneurs, including: The Shoals Business Incubator: Maintains a 90% success rate in incubating more than 300 businesses over 30 years. Alabama Small Business Development Center at University of North Alabama, Florence: The University of North Alabama's SBDC has offered free training and advising services to existing and aspiring small business owners since 1980. Remote Shoals: The program offers remote workers $10,000 to move to the Shoals region, which includes Florence. The Shoals Economic Development Authority: Includes a variety of tax incentives and grants, financing and workforce development programs among its many business-assistance offerings. More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 Clever Ways To Save Money That Actually Work in 2025 10 Used Cars That Will Last Longer Than an Average New Vehicle This article originally appeared on 3 Affordable Cities for Young Entrepreneurs
Yahoo
12-06-2025
- Business
- Yahoo
United States Elevator and Escalator Market Forecast Report 2025-2030: Market to Reach 43,321 Units by 2030, Growing at 2.65% CAGR
Notable developments in the U.S. Elevator and Escalator Market include ATTA Elevators' U.S. expansion, Schindler's new MRL elevator, and OTIS's acquisition of Urban Elevator locations. The U.S. government's tariffs impact costs, affecting demand and favoring local manufacturing. AI integration and infrastructure investments create growth opportunities. Key players like Otis, KONE, and Schindler drive innovation amid rising public infrastructure spending. Challenges remain from tariffs and housing crisis effects on demand. U.S. Elevator and Escalator Market Dublin, June 12, 2025 (GLOBE NEWSWIRE) -- The "U.S. Elevator and Escalator Market - Size & Growth Forecast 2025-2030" report has been added to U.S. Elevator and Escalator Market was sized at 37,026 units in 2024, and is projected to reach 43,321 units by 2030, rising at a CAGR of 2.65%. Schindler, TK Elevators, KONE, OTIS, and Mitsubishi Electric are the top five vendors in the U.S. elevator and escalator market. Other prominent players in the U.S. elevator and escalator market are Fujitec Co., Ltd, Hyundai Elevator Co., Ltd., Delaware Elevator, Inc., Day Elevator & Lift, American Crescent Elevator Corp., Godwin Elevator Company, and others. These leading players continuously innovate to provide state-of-the-art technology, ensuring safety, efficiency, and sustainability. Recent Developments in the U.S. Elevator and Escalator Market In 2024, ATTA Elevators, a leading elevator and escalator service provider based in Ontario, announced its expansion into the U.S. with an office in St. Louis, Missouri. In April 2025, Schindler Elevator Corporation announced the launch of the Schindler 5000, which is a machine-room-less (MRL) elevator designed for low- to mid-rise offices, hotels, hospitals, and apartment complexes. This model is widely available in the U.S. market. In April 2025, OTIS announced the acquisition of eight of the eleven Urban Elevator locations in the US. KEY HIGHLIGHTS The U.S. elevator market by installed base is expected to reach 1.26 million units by 2030. Elevators used in the residential sector accounted for the largest share in 2024, despite low purchasing power due to high interest rates. The market is set to recover in 2025, pertaining to high government expenditure on construction projects. The machine roomless traction segment accounted for the largest market share due to its space-saving design, energy efficiency, and ability to support green building initiatives. The U.S. installed base escalators market is expected to reach 64.1 thousand units by 2030. Escalators used in the commercial sector accounted for the largest share in 2024 due to increasing retail projects in the pipeline. The parallel escalators segment accounted for the largest market share in 2024 due to the high construction of commercial buildings. The modernization market of the U.S. elevator and escalator market is expected to reach USD 3.23 billion by 2030. In Q1 2025, the American Society of Civil Engineers (ASCE) forecasted a total of USD 5.4 trillion in public and private infrastructure investments over the decade from 2024 to 2033. In addition, in 2025, the U.S. is witnessing significant developments in Smart City Construction. For instance, the Retired Homer City Generating Station is ready to be transformed into a natural gas-powered data center campus. In March 2025, Amtrak (National Railroad Passenger Corporation) stated that it will increase its expenditure by 50% to reach USD 6 billion in 2025. In April 2025, Ledcor Development initiated the construction of Alara, a USD 107 million apartment complex in San Diego's Grantville neighborhood. This development will introduce over 200 new residential units, aiming to address the city's increasing housing demand. US ELEVATOR AND ESCALATOR MARKET OPPORTUNITIES & DRIVERS Integration of Artificial Intelligence (AI) in the U.S. Elevator and Escalator Market is Expected to Create Future Opportunities The integration of AI in the U.S. elevator and escalator market reflects a growing trend in the modernization of urban infrastructure. AI-driven solutions enhance safety, efficiency, and user experience in public and private transportation systems. AI monitors real-time data from sensors installed in elevators and escalators to predict and prevent potential malfunctions. This reduces downtime and improves the reliability of equipment. Companies, such as KONE and Otis, have already implemented AI-based predictive maintenance globally, including in the United States. New Government Regulations and Technologies to Support the Demand for New Installations In New York City, a retroactive code mandated the integration of escalator skirt deflectors by January 1, 2025. These deflectors are designed to prevent objects like clothing or shoes from becoming trapped between the escalator steps and side panels, thereby enhancing passenger safety. Building owners and managers were required to ensure compliance by the specified date. In 2025, McGhee Tyson Airport announced it to replace its aging escalators. The airport's board awarded a USD 1.1 million contract in October 2024 to KONE, which will begin replacing the downward escalator in late 2025 and will replace the upward escalator in early 2026. Increasing Investment in Public Infrastructure Development Is Driving the Demand Public infrastructure projects increased by 6% through the first eight months of 2024 compared to the same period in 2023. Construction spending grew by more than 41% in the U.S. from April 2020 to July 2024. As of February 2025, total construction spending in the United States recorded an adjusted annual rate of $2.195 trillion. This includes both public and private sector investments across residential and non-residential projects. Major ongoing public infrastructure projects in the U.S., including the California High-Speed Rail, the Gateway Program (Hudson Tunnel Project), and expansions of major airports like JFK and O'Hare, along with various highway and rail projects, are projected to drive the demand for vertical transportation solutions over the forecast period and contribute to the U.S. elevator and escalator market growth. Increasing Investment in the Manufacturing Sector to Drive Demand for Freight Elevators in the U.S. Elevator and Escalator Market The value of U.S. manufacturing output has continued to increase, reaching almost USD 3 trillion in 2024 (equal to 10 per % of total GDP). In June 2024, government expenditure in the manufacturing sector was directed towards building new and expanding existing manufacturing facilities, which reached a new record of USD 238 billion. In March 2025, GE Aerospace planned to invest approximately USD 1 billion in its U.S. factories and supply chain to strengthen manufacturing. INDUSTRY RESTRAINTS Housing Crisis in the Country Hampering Demand The shortage has driven up home prices and rents, making housing less affordable and slowing down real estate activity. The median United States home price in January 2025 was $418,000, up around 45% from $289,000 five years ago. Low housing starts in the U.S. are directly impacting the development of residential projects, reducing demand for elevators and impacting the U.S. elevator and escalator market growth. In addition, large institutional investors are increasingly buying up properties, which is limiting options for individual buyers. Meanwhile, mortgage rates, which peaked at approximately 7% in 2025, have discouraged both buyers and sellers, limiting transactions and delaying developments. Surge in Building Material Prices In March 2025, the U.S. government imposed 25% tariffs on steel and aluminum imports, aiming to bolster domestic production. These tariffs have led to increased costs for construction materials, as builders rely heavily on these imports. Furthermore, in early 2025, non-residential materials prices increased at an annualized rate of 9%, reflecting a rush among builders to procure materials ahead of anticipated price hikes (post new tariffs). Meanwhile, in January 2025, prices also increased for all three energy subcategories, namely, crude petroleum prices increased 14.8%, while natural gas and unprocessed energy material prices increased 13.7% and 13%, respectively. US ELEVATOR AND ESCALATOR MARKET VENDOR LANDSCAPE Key Vendors Otis KONE TK Elevator Schindler Mitsubishi Electric Hyundai Elevator Fujitec Other Prominent Vendors MEI Total Elevator Solutions Delaware Elevator Day Elevator and Lift Liberty Elevator AVT Beckett American Crescent Elevator Manufacturing Access Elevator & Lifts, Inc. (AEL) Godwin Elevator Action Elevator Company Key Attributes: Report Attribute Details No. of Pages 123 Forecast Period 2024 - 2030 Estimated Market Value in 2024 37026 Units Forecasted Market Value by 2030 43321 Units Compound Annual Growth Rate 2.6% Regions Covered United States Elevator Market Segmentation by Machine Type Hydraulic and Pneumatic Machine Room Traction Machine Room Less Traction Others Climbing Elevators Industrial Elevators Carriage Type Passenger Freight Capacity 2-15 Persons 16-24 Persons 25-33 Persons 34 Persons and Above End-User Commercial Residential Industrial Others Public Transit Institutional Infrastructural Escalator Market Segmentation by Product Type Parallel Multi Parallel Walkway Crisscross End-User Public Transit Commercial Others Institutional Sector Infrastructure Industrial For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment U.S. Elevator and Escalator Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Korea Herald
21-05-2025
- Entertainment
- Korea Herald
EXO's Baekhyun tops iTunes Chart in 24 regions with EP No. 5
Baekhyun of EXO landed at the top of the iTunes Top Albums Chart in 24 regions with his fifth solo EP 'Essence of Reverie.' Main track 'Elevator' notched No. 1 spot on its Top Songs Chart in 14 of them. The mini album was rolled out on Monday and sold more than 800,000 copies in two days, raising expectations for it to become his fourth consecutive million-selling album, following his three previous EPs — 'Delight,' 'Bambi' and 'Hello World.' Meanwhile, the artist is set to launch his first solo world tour 'Reverie.' He will kick off the tour with a two-date show in Seoul on June 7 and will visit 28 more cities across the world, taking a step further from his solo Asia tour 'Lonsdaleite' which took him to 14 in the region last year.
Pink Villa
19-05-2025
- Entertainment
- Pink Villa
Elevator MV: EXO's Baekhyun drops pop-art-inspired R&B track about chance encounter; WATCH
EXO's Baekhyun just dropped his new track Elevator with his fifth solo mini album Essence of Reverie on May 19 at 6 PM (KST), and honestly, it's kinda wild. The song uses an elevator as a low-key metaphor for love, like the ups and downs of your heart when you're into someone. At first, it might sound like it's stuck on repeat, but if you vibe with it, you get this perfect mashup of cartoonish fun and real feels. Who knew an elevator could be so romantic? The music video for Elevator, released through INB100's official channels, begins with EXO's Baekhyun noticing someone in an elevator who catches his eye. It then shifts to scenes of him during a photo and video shoot, looking at his artistic process. The video uses vivid pop-art-inspired graphics and quick cuts that give it a stylized, immersive feel, almost like a visual novel. The three-minute track perfectly captures the feeling of love at first sight. Throughout the music video, Baekhyun is shown working as an artist, but his mind keeps drifting back to that sudden encounter. By the end of the track, he wakes up—was it a dream or reality? Watch the R&B music video to find out exactly what he was dreaming about. Baekhyun chose Elevator as the lead track to highlight his boyish charm—the feeling when your heart skips a beat at a fleeting moment, like catching a glimpse of someone sharing the same elevator. No doubt, 'Elevator' truly elevates the idea of love. Essence of Reverie marks Baekhyun's return since his 2023 mini album Hello, World, which showcased a new artistic direction. This time, he turns inward, exploring the boundary between reality and idealism. Using the album to reflect on his journey and redefine his identity as a musician. EXO's Baekhyun is set to begin his first solo world tour, Reverie, starting June 7 and 8 at the KSPO Dome in Seoul, further signaling a new chapter in his solo career.
