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Last season’s record revenue for Major League Baseball translates into all-time-high valuations for its teams. By Mike Ozanian and Justin Teitelbaum T he eroding economics of regional sports networks made little difference: Major League Baseball teams are still hot assets. Before Arte Moreno pulled the plug on selling his Los Angeles Angels in January, he would have gotten at least $2.7 billion, or $280 million more than the MLB record $2.42 billion that Steve Cohen paid for the New York Mets in 2020, according to people familiar with the sale process. The average MLB team value is up 12% this year, to $2.32 billion. During the 2022 season, revenue (net of stadium debt service) increased 7.8%, to an all-time high of $10.3 billion. The top-line gain was driven by a 64% increase in ticket revenue (including postseason and spring training), to $2.4 billion (the 2021 season started with nearly all ballparks under capacity restrictions) and a 35% increase in … [Read more...] about Baseball’s Most Valuable Teams 2023: Price Tags Are Up 12% Despite Regional TV Woes

FILE PHOTO: Dancers clad in mango-inspired costumes participate in the street dancing competition of the Mango Festival in Zambales to celebrate the province’s bountiful mango harvest. (Allan M. Macatuno) SAN ANTONIO, Zambales — The biggest festival in this province, featuring the world’s sweetest mango, will return on April 21–29 after a three-year hiatus due to the COVID-19 pandemic. According to Gov. Hermogenes Ebdane Jr., the provincial government and various community organizations have started preparing for at least 16 major events to highlight a nine-day festival. “We expect more visitors to come to the festival this year because we have activities that would appeal to a wide range of audiences,” Ebdane said in a statement on Wednesday, March 22. Aside from the parades, drum and lyre performances, street dance competitions, various mango-eating challenges and a series of mango-picking activities targeting visitors will take place on five provinces’ farms. Other … [Read more...] about Zambales mango festival to go full blast after pandemic halt

Share to Twitter Share to Linkedin One of the leading healthcare institutions in Latin America, Albert Einstein Hospital is moving toward the next stage in its multimillion-dollar technology and innovation development strategy. The aim is to broaden access to advanced medicine in Brazil through initiatives with actors such as startups as well as tech and healthcare organizations worldwide. Founded in São Paulo by the city's Jewish community following World War II, The Albert Einstein Israelite Hospital started its activities in 1955. Considered Latin America's most modern private hospital, it also has a social assistance program encompassing care in low-income communities and public-private partnerships for public hospitals. With nearly 25,000 staff including over 10,000 registered doctors, the hospital specializes in high-complexity medicine, focusing on cardiology, oncology, orthopedics, neurology, and surgery, and frequently ranks among the best medical … [Read more...] about Brazil’s Albert Einstein Hospital Evolves Tech Strategy To Deliver Low-Cost Healthcare At Scale

Share to Twitter Share to Linkedin Income tax rate reduction and flattening, along with the expansion of school choice, are among the most consequential policy trends of the early 2020s. However, there is another policy trend emerging that, like income tax relief and greater educational choice, is making states more attractive to workers and employers. That trend is the push by policymakers to remove or mitigate the barriers to employment that state occupational licensing requirements have become. On Tuesday, March 21, Florida legislators will hold a hearing on Senate Bill 1364, legislation to recognize out-of-state occupational licenses held by new residents so that they can get to work and begin earning income in their new home state right away. If this reform, known as Universal License Recognition (ULR), is passed by legislators in Tallahassee and signed into law by Governor Ron DeSantis (R) this spring, Florida would become state number 22 to enact ULR. … [Read more...] about Barriers To Employment Fall With The Rise Of Out-Of-State Occupational License Recognition

PHOTO: Carnival Magic Still don’t know where to go for your next holiday in Thailand? Why not try to go to a theme park? An amusement and theme park with an interest in Thailand could be a great way to showcase the culture and attractions of Thailand in a fun and exciting way. Here are some of the best amusement and theme parks around Thailand that you need to visit Near Bangkok: Dreamworld Location: 62 Village No. 1, Rangsit-Ongkharak Road, Bueng Yitho, Thanyaburi, Pathum Thani 12130, Thailand Price: 50 – 1,000 Baht Related news Bangkok Airways to launch Koh Samui – Hong Kong route 2 mins ago Best massage and spa treatments in Bangkok 42 mins ago Open hours: Monday – Friday from 10am to 5pm, Saturday – Sunday from 10 am to 7pm Dream World theme park is indeed a popular attraction for families visiting Bangkok. The park offers a wide variety of activities and rides suitable for children and adults of all … [Read more...] about A fun-filled adventure: Visiting top amusement parks in Thailand

Let’s take a look at ten fascinating facts about Ireland’s favourite sport, hurling. Hurling is Ireland’s national sport, played and enjoyed by millions all over Ireland and around the world. It’s a fascinating sport like no other that has been around for thousands of years. In fact, it dates back to 1200 BCE. Hurling is an integral part of Irish identity and culture. If you have a keen interest in Ireland and Irish history, then this article will be of significant interest to you. Let’s take a look at some interesting facts about hurling. 1. It’s one of the world’s fastest ball games. The first fun fact about Ireland’s favourite sport is that it is one of the fastest ball games in the world . Hurling involves a hurl (the bat) and a sliotar (the ball), and the fastest hit ever recorded was back in 2014 during the All-Ireland senior Hurling Championship semi-final when Kilkenny marksman TJ Reid struck the ball at a whopping 181.1 km p/h (112.5 miles p/h). 2. … [Read more...] about 10 facts About Ireland’s favourite Sport, hurling

Share to Twitter Share to Linkedin Topline TikTok CEO Shou Zi Chew faced intense questioning from lawmakers in his first hearing before Congress Tuesday morning, defending the popular social media app and insisting it protects U.S. user data from foreign interference, though House members from both sides of the aisle remained skeptical of TikTok's plans as the Chinese-owned platform fights against a possible U.S. ban or forced sale. Key Facts Rep. Cathy McMorris Rodgers (R-Wash.)—chair of the House Energy & Commerce Committee—asked about spying and surveillance on U.S. users by TikTok, which is owned by Beijing-based tech company ByteDance, but Chew said he "disagrees with the characterization" that the social media platform is spying on American users and said TikTok is “committed” to protecting U.S. data from foreign access. Chew claimed in his testimony that he has “seen no evidence” of Chinese government officials accessing U.S. user data, … [Read more...] about TikTok CEO Spars With Congress Amid Growing Calls For Ban—As Lawmaker Calls Privacy Claims ‘Preposterous’

Share to Twitter Share to Linkedin Topline A group of progressive Democrats led by Rep. Jamaal Bowman (D-N.Y.) are among the first lawmakers in Congress to express their support for TikTok, despite growing bipartisan efforts to ban the popular social media app, amid concerns that an outright ban could lead to a backlash from the app’s most prominent users—Gen Z. Key Facts Bowman was the first major lawmaker in Congress to speak out in support of TikTok earlier this week, criticizing efforts to ban the app as “fear mongering” and suggesting it was fueled by “xenophobia around China.” In a recent video posted to his nearly 160,000 followers on TikTok, Bowman argued that banning the platform won’t solve any problem and said “comprehensive legislation” was instead needed to ensure social media user data is kept safe. The New York Democrat, who is a member of the progressive coalition known as the “Squad,” has since been joined by two other … [Read more...] about TikTok’s Potential Ban Faces Opposition From Some Democrats Amid Concerns It Could Cost Them Gen Z’s Support

Share to Twitter Share to Linkedin Founder of DLT Labs , which pioneers blockchain enterprise solutions via distributed application architecture development and integration. Over the past two decades, several founder-CEOs have stepped down from their CEO roles at a crucial juncture in their firms. In fact, a Harvard Business Review analysis of 212 U.S. startups founded between the late 1990s and early 2000s showed that "most founders surrendered management control long before their companies went public." It stated that 50% of founders stepped down from the CEO post within three years of launching the venture, whereas fewer than 25% of founders led their firms’ IPOs. In The Hard Thing About Hard Things , Ben Horowitz, cofounder and general partner at VC firm Andreessen Horowitz, even went so far as to state that founder-CEOs are “generally much better at the first part than the second,” especially once their companies mature and become more … [Read more...] about Five Habits Every Company Founder Should Embrace

Share to Twitter Share to Linkedin Walgreens Boots Alliance (NASDAQ: WBA) is scheduled to report its fiscal Q2 2023 results on Tuesday, March 28. We expect the company to post revenue and earnings slightly below the street expectations, partly due to fewer Covid-19 vaccine administrations vs. the prior year quarter. That said, the company expects strong growth for its international business in Q2. Although we expect the company to post a downbeat Q2, we believe its stock has more room for growth, as discussed below. Our interactive dashboard analysis on Walgreens Earnings Preview has additional details (1) Revenues expected to be below the consensus estimates Trefis estimates Walgreens’ Q2 2023 revenues to be around $33.2 billion, slightly below the $33.4 billion consensus estimate. This compares with the $33.8 billion revenue the company garnered in the prior-year quarter. The company should benefit from growth in the international … [Read more...] about What To Expect From Walgreens’ Q2?