Daily Column – 22nd April 2022

Disney’s capacity to effectively self-govern its theme park has been revoked by a statute passed by Florida’s GOP-controlled legislature. The law will now be sent to Governor Ron DeSantis’ desk, where he is likely to approve it, effectively ending Florida and Disney’s long-standing Timon and Pumbaa bond. The decision is largely perceived as payback for … Read more

Daily Column – 21st April 2022

In a new Netflix show called Is It Cake?, professional bakers challenge celebrity judges to decide if it’s cake or not. But a more pertinent question for Netflix would be: Is it toast? Yesterday, the streaming service’s shares plummeted 35%, wiping away $54 billion in market value and marking the company’s worst trading day since … Read more

Daily Column – 20th April 2022

It’s been more than 36 hours since a Florida court invalidated the CDC’s federal mask mandate for transportation, and Americans are still trying to figure out what it means. What you should know is this: The Transportation Security Administration (TSA) said that it would no longer enforce the mandate on public transportation and airlines just … Read more

Daily Column – 19th April 2022

Putting your finger in a car door isn’t going to hurt as bad as the shortfall in EV batteries is going to do. During a tour of Rivian’s plant in Illinois last week, CEO RJ Scaringe told reporters this: The recent semiconductor shortage that has been hurting the auto industry is just a “taste” of … Read more

Daily Column – 17th April 2022

Ray Dalio is also the founder of the world’s largest hedge fund, Bridgewater Associates. He is a history fan, too. In this video, Dalio talks about how empires rise and fall in a certain way called the Big Cycle. He thinks that China will soon overtake the United States and become the world’s most powerful … Read more

Daily Column – 16th April 2022

Twitter put in place a “poison pill” plan yesterday to stop Elon Musk from taking over the company. The goal of the “shareholder rights plan,” as it’s called, is to make it look like a millionaire would buy Twitter. New York Times: A securities expert told the paper that “even for him, it would be … Read more

Daily Column – 14th April 2022

It could stop billions of dollars in trade and weaken already fragile supply chains if freight traffic slows down on a key logistics route. The protest isn’t in Canada, China, or the Suez Canal. They’ve been blocking the US–Mexico border crossings since Monday in protest of a new inspection programme that Texas Governor Greg Abbott … Read more

Daily Column – 13th April 2022

It’s not like Liza Minnelli and inflation have ever been this high if you’re 41 or younger. Consumer prices in the United States rose by 8.5% in March, the fastest rate since 1981. From the Labor Department report, here are a few of the things we learned: Gas prices rose by 48%, which accounted for … Read more

Daily Column – 12th April 2022

Tom Brady started a new thing, and now people do it all the time. No, not “having a bad haircut and becoming famous anyway.” Instead, he was forced to retire. Following in the footsteps of No. 12, many retirees in the U.S. are calling for a return to work for those who left too early. … Read more