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What would you do if you were chosen to appear on the ABC reality show "Shark Tank," and then Mark Cuban offered to invest $200,000 in your company? If you were Derek Pacque, the 23-year-old founder of CoatChex , you'd turn him down. The Idea CoatChex was born when Pacque, an entrepreneurship student at Indiana University, was told to come up with 10 pet peeves. "One was wearing my coat to the bar and not having anything to do with it," he says. His aggravation level peaked one night when he hid his coat in an out-of-the-way place only to find it had been stolen when he returned. When he asked bar owners why they didn't offer coat checks, they told him it was too messy, and too much of a hassle with patrons often losing tickets or leaving without their checked items. "So I said, do you mind if I set something up?" Pacque recalls. "I'll deal with the customers and the hassles, I'll get out when you don't need me, and I'll give you a percentage of … [Read more...] about Advice From the 23-Year-Old Who Said No to Mark Cuban

Akio Toyoda - A + A TOKYO (June 24): Toyota Motor Corp's chief had lobbied the Japanese government to make clear it supported hybrid vehicles as much as battery electrics or face losing the auto industry's support, a senior lawmaker told a ruling party meeting. The lobbying by Akio Toyoda, president of Toyota and chairman of the Japan Automobile Manufacturers Association (JAMA) industry group, comes as the automaker faces increased scrutiny from green investors who said it has been slow to embrace battery-electric vehicles and pressed governments to slow a transition to them. Akira Amari, a former industry minister and a veteran member of the Liberal Democratic Party (LDP), requested changes to the government's annual economic policy road map at a June 3 meeting, saying he spoke with Toyoda a day earlier, according to notes and audio of the meeting reviewed by Reuters. The final version of the document included a reference to "so-called electric-powered … [Read more...] about After pressure from Toyota chief, Japan emphasises support for hybrid vehicles

FILE PHOTO: British Prime Minister Boris Johnson gives a speech at the Business Forum during the Commonwealth Heads of Government Meeting (CHOGM) in Kigali, Rwanda June 23, 2022. Dan Kitwood/Pool via REUTERS LONDON— Boris Johnson’s Conservatives lost two parliamentary seats on Friday, a crushing blow to the governing party that prompted the resignation of the party’s chairman and intensified doubts about the future of Britain’s prime minister. In Rwanda for a meeting of Commonwealth nations, Johnson was defiant, pledging to listen to voters’ concerns and do more to tackle a cost-of-living crisis after what he described as “tough” results in the two so-called by-elections. The losses – one in the Conservatives’ traditional southern heartlands and in a northern England seat won from Labor in the last election – suggest the electoral coalition Johnson brought together at the 2019 national election may be fracturing. The transformation of Johnson from vote winner to electoral … [Read more...] about UK PM Boris Johnson under pressure after losing two parliamentary seats

Share to Twitter Share to Linkedin In a recent collaboration with AND1 for Footlocker's “ 12 Days of Greatness ” holiday campaign, digital artist Jeff Cole channeled the nostalgia of street style basketball and the style of the 90s into a capsule that represents the ethos of the iconic basketball brand. This capsule collection, however, is just a window into Jeff’s creations. He is also the artist behind IKONICK, an inspirational art brand he co-founded with Mark Mastrandrea . IKONICK blends nostalgia, pop culture, and the kind of inspirational quotes you find on social media to create unique, motivational canvas art . Originating from the Gold Coast and the East Coast, Jeff , who grew up in Chicago, and Mark , a born and raised New Yorker, have come together and found a way to translate art into a business. A business that dresses a room and sells inspiration as its product, the co-founders and dynamic duo of IKONICK have found a … [Read more...] about From AND1 To The NBA. How IKONICK Co-Founders​ Jeff Cole And Mark Mastrandrea Are Inspiring The World Through Pop Culture

Share to Twitter Share to Linkedin Day 4. Bitcoin's value hit its low point on Friday On Friday, I skip breakfast again; it’s an unavoidable part of the Bitcoin diet as there are no places that serve food before 10 a.m. accepting my currency. I lose my appetite anyway when I check the value of Bitcoin; it has plummeted to $90 over night. It has been on a steady decline since I started my Bitcoin challenge. Is it me? My editor suggests the value is falling because I’m showing “ what a drag ” it is to use it. But I think it's due instead to a huge Bitcoin lawsuit that became public Thursday night. The virtual money  has sparked a $75 million (real world currency) complaint; Seattle start-up Coinlab is suing Mt. Gox, saying the Japanese Bitcoin exchange has failed to follow through on the partnership they inked, refusing to let Coinlab take over management of Mt. Gox’s American and Canadian accounts as it allegedly agreed to do. Wrote Adrian … [Read more...] about Living On Bitcoin For A Week: Bitcoiners Are The New Vegans

Share to Twitter Share to Linkedin It USED to be a crackhouse. Now it's being renovated. Day 6. It’s Sunday morning. I have only two days left of living on Bitcoin. I can see the US-minted light at the end of the tunnel, but the end of my week is going to be an adventure. My landlord didn’t want to take Bitcoin for rent. Understandably. I think she’d be similarly put off if I offered to pay the rent in Starbucks gift cards or in the form of a week’s supply of succulents (which are all the planting rage in San Francisco). She’s willing to accept the rent late when I’m back to using greenbacks after the week is up, but that’s a time-traveling violation of my rule for this experiment: all transactions must happen in Bitcoin. It is May 5, the deadline for my rent payment. I have to move out. The Forbes E-book On Bitcoin Secret Money: Living on Bitcoin in the Real World , by Forbes staff writer Kashmir Hill, can be bought in Bitcoin or … [Read more...] about Living On Bitcoin For A Week: Can’t Pay The Rent

Ukrainian service members patrol an area in the city of Sievierodonetsk, Ukraine on June 20, 2022, as Russia's attack on Ukraine continues. (Reuters filepix by Oleksandr Ratushniak) - A + A KYIV (June 24): Ukrainian troops were set to withdraw from the eastern city of Sievierodonetsk after weeks of intense bombardments and street fighting, the regional governor said on Friday, as Russian advances raised fears they could be cut off and surrounded. Russian troops fully occupied a town south of Lysychansk, which lies across the Siverskyi Donets River from Sievierodonetsk, Ukrainian officials said. Moscow claimed it had encircled about 2,000 Ukrainian troops in the area. The Russian advances appeared to bring the Kremlin closer to taking full control of Luhansk province, one of Moscow's stated war objectives, and set the stage for Lysychansk to become the main frontline city on that front. Ukrainian forces had for weeks held out against an onslaught in … [Read more...] about Russians close in on east Ukrainian cities, defenders set to quit Sievierodonetsk

(CNN) The Supreme Court cleared the way for the admissions policy of an elite public high school in Virginia to remain in effect Monday, even though critics say it discriminates against Asian American students. The court denied a request from a coalition of parents to block the program while the appeal process plays out. Justices Samuel Alito, Clarence Thomas and Neil Gorsuch noted their dissent and would have sided with the parents. Lawyers for the school board insist that the policy is "race neutral" and is meant to add more diversity to the school. The court's move comes as the justices have already agreed to hear a case with similar strains next term concerning the race-based admission policies at Harvard and the University of North Carolina . The facts and circumstances in the two disputes are different, but they center on a school's push to improve diversity without violating equal protection principles. The case at hand targets a … [Read more...] about Supreme Court allows Virginia public school to keep its admissions policy for now

Share to Twitter Share to Linkedin On June 24, 2021, the Seattle Kraken announced the hiring of Dave Hakstol as their franchise’s first head coach. Friday marks his one-year anniversary. He has already climbed the ranks to become the 19th-longest tenured coach in the 32-team National Hockey League. This summer, it seems like the NHL’s coaching carousel is spinning faster than ever. Here’s a rundown of the flurry of recent hirings and the latest on the vacancies that are still open. Old Faces In New Places In the last 10 days alone, four veteran bench bosses have signed on with new teams. John Tortorella brings his fiery personality and demanding style to the Philadelphia Flyers. Paul Maurice came back from a six-month hiatus to sign on with the Florida Panthers. Peter DeBoer moved from the Vegas Golden Knights to the Dallas Stars and Bruce Cassidy landed with Vegas just eight days after the Boston Bruins let him go. Between them, the quartet has … [Read more...] about Paul Maurice Is Part Of The NHL’s Hottest Trend: Veteran Coaches On New Teams

- A + A KUALA LUMPUR (June 24): Former Selangor Barisan Nasional (BN) information chief Isham Jalil was appointed as an UMNO Supreme Council member on Friday night. UMNO secretary-general Datuk Seri Ahmad Maslan said Isham would be replacing Pasir Salak MP Datuk Seri Tajuddin Abdul Rahman who was dropped recently. "Isham has been appointed by party president Datuk Seri Dr Ahmad Zahid Hamidi and was sworn in today," he told reporters after attending the UMNO Supreme Council meeting chaired by Ahmad Zahid at Menara Dato Onn on Friday night. Isham, 46, was previously removed from his post as Selangor BN information chief by the State BN. Ahmad said the meeting also suggested that the National Poultry Board should be established to address the poultry issue in the country and avoid manipulation by certain cartels. He said the meeting also stressed that the Anti-Party Hopping Bill should be tabled in Parliament soon, especially ahead of the 15th General Election … [Read more...] about Isham Jalil appointed as UMNO Supreme Council member