SHARK
WEEK IS HERE
Forty-five years after the release of Jaws, a
replica of the Orca will be promoting shark conservation. At
least one species, the reef shark,
needs immediate help to avoid extinction. Don’t worry, the lemon shark in this
photo was caught and released.
Photo by Steve Scherf
VOTES
FOR WOMEN: August 18, 2020 marks the 100th anniversary of ratification of the
19th Amendment.
The protests
of women activists eventually secured their right to vote. Exercising
that right was not easy, and the legacy
of activism lives on in some families. To mark the anniversary, the
Brandywine River Museum of Art is offering a virtual tour of their Votes for Women Exhibit.
Layers of Damages
Damages from natural
disasters, like the wreckage left behind along
the East Coast
by Isaias last week, cause interruptions and income losses for businesses. A
new layer of insurance claims on top of ongoing disputes is likely. A variety
of businesses, including the Houston Rockets and famed restaurant Chez Panisse,
are suing insurers over denials
of coverage for pandemic-related interruptions.
Asterion is experienced in documenting and defending
business interruption and lost income claims. If you need assistance in these
matters, Asterion can help.
Investment Opportunities Still Exist
Individuals and corporations with money are in a buying mood.
Dwayne “The Rock” Johnson, along with other investors, bought the dormant XFL. Some wealthy families
are investing
directly in distressed businesses. 7 Eleven purchased Speedway stores. Google
acquired an interest in ADT.
Blackstone is taking a 75% share in Ancestry. (Now an even
bigger private equity firm owns your DNA.)
With any acquisition, it is important to understand what
happens if the deal goes wrong. If you are thinking about buying or
selling a business, Asterion is available to analyze the transaction.
FYI
The boomer
generation in the U.S. is no longer in the majority.
Trends We’re Watching
Will
enhanced
damages for copyright infringement survive Covid-19?
On
the Lighter Side
The Phillie
Phanatic is lonely.
The chocolate chip has been redesigned by an engineer from Tesla.
If you need another way to enjoy Chipotle, buy clothes dyed with byproducts from their leftover avocado stones.
What’s
Puzzling Us: Don’t you have better things to do with your money?
Fyre
Festival souvenirs are available again. Seized merchandise will be
sold at auction. Bidding ends August 13, 2020.
What
Doesn’t Surprise Us at All: Bad Ideas
If an investment
sounds too good to be true, it usually is.
The Thread Recommends: A Change of Scenery
Take a Pennsylvania day trip that may inspire your photography; or head to Maryland’s Eastern Shore for the crabs.
What to Watch
See ancient and damaged sites around the world restored digitally.
Spotlight on Business Interruption and Lost Income ServicesAsterion, Inc. has extensive experience in the quantification of economic damages incurred from business interruption and various lost income events.