Dayton Daily News

Holiday meal is cheaper this year

- Rich Gillette Business Insider

If you’re shopping for Thanksgivi­ng, you should find a bit of relief at the grocery store this year.

The average cost of this year’s feast for 10 is $48.90, or less than $5 per person. That’s a 22-cent decrease from last year’s average of $49.12, according to the Farm Bureau’s annual survey.

“Since 2015, the average cost of Thanksgivi­ng dinner has declined steadily and is now at the lowest level since 2010,” said Farm Bureau chief economist John Newton.

Turkey costs slightly less than last year, coming in at $21.71 for a 16-pound bird, which is about $1.36 per pound. That’s down 3 percent from last year. The survey results show that retail turkey prices are the lowest since 2014.

What foods had the largest decreases this year? Milk, a 3-pound bag of sweet potatoes, a 1-pound bag of green peas, and a dozen rolls. Cranberrie­s, pumpkin pie mix and stuffing had modest price increases. A group of miscellane­ous items including coffee and ingredient­s necessary to prepare the meal (butter, evaporated milk, onions, eggs, sugar and flour) was also up slightly. There was no change in price for a half-pint of whipping cream at $2.08.

Hospital wars

One of the largest local hospital systems is stretching its legs south and ruffling some feathers in the process.

Kettering Health Network received approval from the Middletown Planning Commis

sion to add inpatient beds at its new medical center.

Middletown City Council will have the final say on approval at its Dec. 18 meeting.

The medical center, however, is just down the road from competitor Premier Health’s Atrium Medical Center.

Employees from Kettering Health Network and Premier Health, as well as local residents, spoke for and against the request. Some Atrium Medical Center physicians questioned the need for additional inpatient beds and said that will lead to increased costs for consumers.

Kettering Health Network officials said the rezoning is needed to enable patients to stay in Middletown for more than 24 hours rather than be transferre­d to other facilities.

Kettering Health is also building a new hospital in Troy, not far from Premier Health’s Upper Valley Medical Center.

As Jamie Siminoff made his way to a speaking engagement recently in Seattle, his new employer was busy making headlines: Amazon announced it had increased the starting pay for hundreds of thousands of employees.

Siminoff learned of the move not from a corporate memo, but by reading about it on his smartphone. “I saw it like everyone else,” he said.

That arm’s length relationsh­ip works both ways. Since Amazon bought Ring — the home-security startup Siminoff founded that builds smart doorbells, security cameras and related gadgets — Siminoff said he’s made connection­s at the new parent company, but Seattle isn’t micromanag­ing the startup’s work.

Amazon, Siminoff said, is “kind of leaving us alone,” an approach that reflects the online retail and technology giant’s preference for decentrali­zed teams, and its habit of giving relatively free rein to companies it’s acquired.

Ring hasn’t been left entirely alone, of course.

The company, which Amazon bought in April for $853 million in cash, had its debut in September as a star in Amazon’s constellat­ion. At an event at Seattle headquarte­rs, Amazon devices chief Dave Limp introduced dozens of products and services — from updates to the Alexa voice software, to new Echo speakers and a new version of the Stick Up Cam, a Ring-built outdoor-security camera.

“It’s surreal,” Siminoff said afterward, standing in a mock living room on the 30th floor of Amazon’s Day 1 tower designed as a demonstrat­ion ground for new gadgets. “The decentrali­zed nature of this company allows for a lot of entreprene­urial groups to exist and move fast.”

The Ring deal represente­d an expansion of Amazon’s bet on smart-home technology, the proliferat­ion of internet-enabled devices from microwaves to door locks and light bulbs. Amazon has tried to position Alexa, its voice software that inhabits its Echo devices and gadgets built by other companies, at the center of that universe.

For Amazon, Ring adds home security to the retailer’s growing array of focus areas. The company has embraced the mission statement Ring impresses upon its 2,000 or so employees, and even paints it on walls at its Santa Monica, Calif., headquarte­rs: Reduce crime in neighborho­ods.

“I can think of no nobler mission,” Amazon’s Limp said on stage recently.

Although it has vaulted into Amazon’s sphere, Ring has unpretenti­ous roots.

Technology startups aren’t shy about turning their humble beginnings into corporate mythology. Facebook was launched in a Harvard dorm. Hewlett-Packard and Google began in garages.

A garage in Los Angeles also features in Ring’s creation story, but so did an unsuccessf­ul appearance on reality television.

Siminoff ’s startup was running out of time and money in the fall of 2013 when he won a spot on “Shark Tank” to show off his battery-powered, Wi-Fi enabled doorbell camera. From a $10,000 set built to look like the front of a home, Siminoff pitched the ABC reality show’s investors on what was then called “DoorBot.”

None of the sharks bit. Siminoff went back to the garage empty-handed, “broke and broken,” he said.

But the appearance — a few minutes of free advertisin­g on national television — proved to be a lifeline, jump-starting sales and giving the company some breathing room.

Ring would raise $1 million from investors later that year and nearly $300 million over the next four years to fund sleeker and more effective versions of his doorbell camera. The fundraisin­g haul included a contributi­on from the Alexa Fund, Amazon’s program to back startups that might bolster the voice software’s reach.

Siminoff was also aware of the potential that Amazon could turn into a powerful competitor, a worry shared by a wide range of manufactur­ers and sellers on Amazon’s own platform.

“On the one side, while we wanted to work with them, we always sort of looked at it knowing that, if Jeff (Bezos) and Co. decided that this was something (good) for their customers, they’d do it,” he said.

Eventually, they did, launching Amazon Key, a delivery program that paired control of a smart lock with an Amazon-built home-security camera.

Amazon at the time said it saw value in building its own technology for home security, but shortly after that it started shopping, acquiring home-security-camera maker Blink in December. Two months later, word leaked that Amazon would scoop up Ring, too.

The deal has given Ring more resources to put into product developmen­t, Siminoff said, including a neighborho­od watch-like crowdsourc­ing app called Neighbors, which launched shortly after the Amazon deal. Siminoff said the software, which cost more to develop than most of Ring’s lineup of hardware, is an indication that the company’s focus on neighborho­od safety goes beyond doorbells and cameras.

“I can ask for things internally,” Siminoff said of Ring’s relationsh­ip with Amazon. “But I’m not being pulled apart by things asked of us.”

Ring is in the process of moving its headquarte­rs from Santa Monica, near the home base of Amazon’s Studios unit, to a larger space in Hawthorne, Calif., south of the Los Angeles airport.

Siminoff says he has no plans to leave.

There’s plenty of precedent for Amazon acquirees sticking around. Tony Hseih, chief executive of Zappos. com at the time Amazon bought the online-footwear retailer, is still with the company nine years later. So are the founders of audiobook maker Audible, movie and television database IMDB and Twitch.

 ?? DREAMSTIME ?? Turkey costs slightly less this year than it cost last year, coming in at $21.71 for a 16-pound bird, which is about $1.36 per pound. That’s down 3 percent.
DREAMSTIME Turkey costs slightly less this year than it cost last year, coming in at $21.71 for a 16-pound bird, which is about $1.36 per pound. That’s down 3 percent.
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