Event marketing once related to the Super Bowl or a Bruce Springsteen concert. The term now applies to Hollywood blockbusters. In July, Universal started selling tickets for its opening of the movie “The Odyssey,” scheduled for 17 July 2026. Certainly the cast, which includes Matt Damon and Zendaya, is a draw, but so is director […]
The Natural Diamond Council focuses on colored diamonds to differentiate natural stones from lab-grown ones. Buoyant auction prices for vivid and intense stones—supported by global economic turmoil—draws further attention to this segment of the business. As the trade group for major players, including De Beers and Petra, the Natural Diamond Council is the industry heavyweight. […]
Walmart shuttered its health clinics and sold-off its telehealth business in recent months, amid widespread industry surprise. The convention was that the retail giant had deep enough pockets to make the business strategy work. Apparently, it was unwilling to hemorrhage blood. The firm retreated to its longstanding position in the optometry and pharmaceutical businesses. There […]
In the UK, a Yorkshire-based recycling company tackles textile waste by recognizing used clothing as a profit center. MyGroup is now investing heavily in an approach for collecting, processing, and re-designing worn goods. This plant—and others like it—could work as a framework for other micro-level facilities across the developed world. MyGroup intends to invest more […]
America has lost a major logistics player. The sudden closure of Yellow Corp. may be easy to decipher in context, what 30,000 now-former employees will do for household income is less obvious. Perhaps the only good news in this story is that it spotlights the resiliency of the transportation infrastructure in the United States. That […]
Legislation now in play in Washington aims to provide as much as $52 billion in loans, guarantees, and other incentives to technology companies for retrofitting US-based chip manufacturing. That seems logical, if not politically expedient, at a time when US households are being deprived of consumer goods because of a global chip shortage. There are […]
The actor playing the lead character in the hit movie Black Widow has sued Disney for breach of contract. The lawsuit is more than another Hollywood actor fussing about their oversized payout. Rather, it will set the pace for A-list compensation schemes going forward. In the world of Hollywood labor economics, marquee talent usually benefits […]
Those searching for a realistic assessment of the global economy may need to look no farther than Seattle-based Boeing. Predictably, the aerospace giant did not see a single order for new aircraft in March or April. But the real news may be in the company’s long-term outlook. In announcing restructuring last month, CEO Dave Calhoun […]
Which country is the world’s largest coffee producer? You would guess correctly with Brazil. But the world’s second largest? The answer is Vietnam. Producers based in Buôn Ma Thuột—the city at the heart of the Vietnamese coffee industry—have seen their share of global production rise from just about nothing in 1990 to near 20% in […]
There may not be enough tech metals worldwide to meet soaring demand. In most cases, mobile phones and solar panels are produced with lithium or indium. Other essential metals for tech-related industries include cobalt and lanthanum; the list is perplexing. The problem is that most of these resources do not trade freely in liquid markets. […]
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