Shut down for two years due to COVID-19, festivals like Coachella and Stagecoach are finally making their comebacks — but the return of live events comes with a new set of hurdles as labor shortages, supply chain backlogs, and rising costs rock an industry that’s in the midst of a recovery. “We lost over half our staff to other industries,” said Daniel Nickleski, the COO of Illinois-based festival, concert and event production company Sound Works Production. The executive explained that… Source link
Read More »Usurping Dollar’s Dominance Over World Is a Near Impossible Task
(Bloomberg) — Dethroning the dollar is easier said than done. Most Read from Bloomberg That’s the conclusion of investors after Washington’s freeze of Russia’s dollar holdings created fresh impetus among central bankers to rethink the security of access to foreign-exchange reserves. The move fueled speculation that countries such as China could redouble efforts to unshackle itself from greenback-denominated financial systems and look for alternatives. While Goldman Sachs Group Inc. and… Source link
Read More »Russia will be impossible to invest in for a long while, says Mark Mobius
The Russian market is off limits until at least 2023 due to the country’s invasion of Ukraine, says emerging markets investing legend Mark Mobius. “It will be impossible for a long time,” the founding partner of Mobius Capital Partners said on Yahoo Finance Live. Mobius earned his stripes building out the emerging markets investing team at giant money manager Franklin Templeton. Added Mobius, “I don’t see anybody who wants to be investing in Russian equities or debt for another year. I would… Source link
Read More »Google delays RTO again—omicron may make it ‘impossible’ to set new return dates
Google has delayed its return-to-office yet again, this time pushing its Jan. 10 full reopening further into 2022, according to a memo sent by the company’s vice president of security Chris Rackow, CNBC reports. Unlike previous announcements, the company did not set a new return date and says it will wait until the new year to assess when U.S. offices can fully reopen (nearly 40% of U.S. Googlers reported on-site in recent weeks) and provide a “stable, long-term working environment.” Google is… Source link
Read More »Impossible Finance Raises $7M for Binance Smart Chain DeFi Incubator
The latest decentralized finance (DeFi) protocol to get big backing from venture capitalists is Impossible Finance for a multi-chain incubator project. In an announcement on June 3, the DeFi protocol declared that it had secured $7 million from over 125 institutional and angel investors. The round was co-led by True Ventures, CMS Holdings, Alameda Research, and Hashed. The list of additional investors was extensive and included Sino Global Capital, IOSG, Divergence, GBV, Lemniscap, Primitive,… Source link
Read More »Why dethroning Francis Ngannou may prove near impossible
LAS VEGAS — The new UFC heavyweight champion is so powerful and so scary that when Dana White was asked about putting Jon Jones in the cage against him, the UFC president had some stunning advice for his long-time light heavyweight champion. “If I’m Jon Jones and I see that, I’m moving to 185,” White said in an obvious tweak to the man he’s had an uneven relationship with over the years, but also an acknowledgement of new champ Francis Ngannou’s scary punching power. That was the… Source link
Read More »Musk Says It’s ‘Impossible’ to Take Tesla Private, Mulls New IPO
InvestorPlace The 12 Best Stocks to Buy for a Whole New Year of Returns in 2021 Editor’s note: “The 12 Best Stocks to Buy for a Whole New Year of Returns in 2021” was previously published Dec 4. It has since been updated to include the most relevant information available.] Back in July, I recommended seven of the best stocks to buy for 2021 and beyond. As a group, they’ve done very well over the past three months. For instance, Livongo Health was acquired by Teladoc Health… Source link
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