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Coronavirus Travel: The Scary Facts (And The Reassuring Ones)

March 2, 2020 by www.forbes.com

Share to Twitter Share to Linkedin With cases of novel coronavirus (which causes the disease known as COVID-19) exploding around the country and around the globe, travelers are panicking as they wonder what this means when it comes to their personal safety—and for their upcoming trips. Read on for some scary facts about coronavirus travel—like what an air quality expert thinks this means for cruise ships and airplanes—as well as the results of some worrisome travel studies. But we’ve also got reassuring advice and helpful information on coronavirus travel. Coronavirus Travel: The Situation The skyrocketing number of coronavirus cases and the growing death toll is sparking worldwide travel ramifications, forcing the cancellation of major conferences like Berlin’s ITB —the largest travel and tourism event in the world—closures of tourist sites such as the Louvre museum in Paris, airlines cancelling flights and companies cancelling business travel at … [Read more...] about Coronavirus Travel: The Scary Facts (And The Reassuring Ones)

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Take Two: NASCAR’s Clash Ready For Return To L.A. Coliseum, But Will There Be A Third Year

February 1, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Let’s do this again shall we? NASCAR is once again staging its first race of the year in a most unlikely place, though this year there is a great deal less uncertainty. The non-points Clash exhibition race will again happen in a venue known more for football and track and field events than auto racing, the Los Angeles Memorial Coliseum, in a city better known for celebrities and Hollywood movies, Los Angeles, California. Last year the industry rolled the dice; took a gamble and hoped for the best . That gamble paid off nicely for the sport. Under balmy blue Southern California skies, NASCAR debuted its Next Gen car with a round of qualifying races, last chance qualifiers, and the main event. Fans in attendance were treated to world class entertainment, and those watching at home saw the optics of the downtown LA skyline and snowcapped mountains in the background. In the end, Joey Logano reigned supreme. And … [Read more...] about Take Two: NASCAR’s Clash Ready For Return To L.A. Coliseum, But Will There Be A Third Year

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Nascar’s Exhibition Race In L.A. Is A Million-Dollar Gamble

December 29, 2021 by www.forbes.com

Share to Twitter Share to Linkedin Just a few days before Christmas NASCAR held a groundbreaking ceremony in Los Angeles. Specifically at a venue located on Figueroa Street in the heart of downtown. The L.A. Memorial Coliseum opened in 1923 to honor the area’s WWI veterans. NASCAR will hold an exhibition race at the fabled location in February, a race that has no championship implications only glory for whoever wins it. It’s a bold move to be sure. The “Clash” has opened the NASCAR season every year since 1979. It gives fans, and competitors their first look at what the upcoming season might have in store with selected drivers competing in formats that have changed throughout the years. The Clash has been staged every season at Daytona International Speedway since its inception and normally happens a week prior to the first championship points paying race, the season opening Daytona 500. There has been nothing “normal’ for NASCAR in recent years, … [Read more...] about Nascar’s Exhibition Race In L.A. Is A Million-Dollar Gamble

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Love To Love: The Business Of Valentines Day

January 31, 2023 by www.forbes.com

Share to Twitter Share to Linkedin It’s that time of year again. The ebb and flow of retail reliably takes us from Christmas, through to clearance sales and to the next full price moment in the trading calendar, February 14. But what is ‘This Thing Called Love’ ? A simple four letter word that is firmly embedded in the zeitgeist. A quick search acknowledges that it is one of the most popular words in song titles. It ‘Lifts Us Up Where We Belong’, ‘It Is a Many Splendored Thing’, and according to Beyonce… we are crazy when in it. The Beatles used the word a staggering 613 times in their lyrics. Yet when a word refer to so many things, from the consumer loving their McDonalds value meal to the wealth of emotion tied into the way we feel about ourselves and others, it can be a difficult to pin down exactly what it means. Unlike English, the Greek language, rather helpfully distinguishes four kinds of love. I’ve simplified for the purposes of … [Read more...] about Love To Love: The Business Of Valentines Day

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‘Lifestyle Rail’ And Other Lessons From North Carolina’s DOT

January 31, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Remote work was already popular, albeit resisted by many large employers in the pre-covid world, and now it’s the norm. Job descriptions today routinely now list that they “remote” or “hybrid.” One place it’s had a dramatic impact is on our transportation systems, including the demise of “commuter rail.” Millions of people are still commuting to work each week, but not nearly as many each day as did pre-covid, unless they have a job that requires them to be onsite. These changes are still evolving, however, transportation systems and urban planning requires a long lead time, extensive planning and investment, as well as political will. “Recognizing that we aren't being held to the same (commuter) model anymore, we have to be nimble and we have to be flexible,” Deputy Secretary for Multimodal Transportation in the North Carolina Department of Transportation Julie White explained in an exclusive interview on Electric … [Read more...] about ‘Lifestyle Rail’ And Other Lessons From North Carolina’s DOT

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Dollar pauses ahead of Fed rate decision

February 1, 2023 by business.inquirer.net

SINGAPORE – The dollar was broadly flat against major currencies on Wednesday after easing in the previous session following U.S. data that showed moderating wage pressure, with investors keenly awaiting the conclusion of a Federal Reserve policy meeting. The U.S. central bank is expected to raise interest rates by 25 basis points later on Wednesday, but Fed Chair Jerome Powell’s press conference is likely to take the spotlight as traders attempt to gauge how long the Fed is likely to stay hawkish. The dollar index, which measures the U.S. currency against six major peers, fell 0.029 percent to 102.060. It slipped 0.16 percent in the previous session, in part because of a report showing U.S. labor costs had increased in the fourth quarter at their slowest pace in a year. The index has fallen for four straight months. As investors price in the Fed reaching the end of its rate-hike cycle, the index is far from the 20-year high of 114.78 it touched on Sept. 28. Investor attention … [Read more...] about Dollar pauses ahead of Fed rate decision

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Pfizer Expects Covid Vaccine And Pill Revenues Will Fall 60% In 2023

January 31, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Topline Pfizer stock slumped Tuesday as the pharmaceutical giant said it expects sales for its Covid-19 vaccine and oral treatment to decline significantly this year, as investors digest a shifting reality for Pfizer with Covid cases and hospitalizations stabilizing and government subsidization of the shots drying up. Key Facts Pfizer reported $1.14 earnings per share and $24.3 billion in total revenue over the final three months of 2022, largely beating consensus analyst estimates, but far more pressing to investors was Pfizer’s year-ahead guidance. The company said it projects revenue this year will slip about 30% to between $67 billion and $71 billion, with annual revenues for its Covid vaccine and its Paxlovid pill forecasted to fall roughly 60% to $21.5 billion in 2023. Notably, Pfizer said it expects demand for its Covid shot to drop 29% to about 65 million doses in 2023, as the U.S. federal … [Read more...] about Pfizer Expects Covid Vaccine And Pill Revenues Will Fall 60% In 2023

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McCarthy’s Concessions May Endanger Biden’s Energy Policy

January 31, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Kevin McCarthy's quest to become Speaker of the House ended after 15 votes with many concessions granted to the hardline, America first, Freedom Caucus within the GOP House delegation that prevented his unchallenged ascent. The extent of these concessions took weeks to emerge and drew controversy. Notably, Marjorie “Jewish space lasers” Taylor Greene received seats on the powerful Homeland Security and Oversight committees . Some of the extremists who prevented McCarthy's smooth election and embarrassed the GOP have now arrived at the House’s Energy and Commerce Committee and its subcommittees, and everyone should be worried. The Energy and Commerce Committee is at the forefront of all policy issues powering America’s economy including energy, technology, and Healthcare . The new 118th Congress also marks the change of the Subcommittee on Energy to the Subcommittee on Energy, Climate, and Grid Security … [Read more...] about McCarthy’s Concessions May Endanger Biden’s Energy Policy

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