On July 8, 1947, a New Mexico newspaper reported on a discovery of debris that became known as the Roswell Incident. This story marked the beginning of an ongoing UFO conspiracy theory.
Photo by Albert Antony on Unsplash.
On the Lighter Side
If you want to try one of America’s best breakfast sandwiches, head to the Courthouse Diner Family Restaurant in Cape May Court House, NJ.
In honor of National Ice Cream Month, try one of Philadelphia’s delicious ice cream sundaes.
Will changing trends affect your business?
Societal shifts can cause unexpected stresses on your business. Current business headlines offer numerous examples. Career Builder + Monster filed for Chapter 11 bankruptcy protection a year after their merger was announced. Perhaps it is because aspiring to become a “yes-man” is apparently no longer ironic. Bumble, once considered a feminist dating app, is laying off 30 percent of their staff. Manatawny Still Works closed with little notice, as drinking habits continue to change. Local business Quirk Books, publisher of the Worst Case Scenario Survival Handbooks, has laid off staff and paused publications. After 139 years, changing consumer preferences led to a Chapter 11 bankruptcy filing on behalf of Del Monte’s US holdings.
If you are facing significant headwinds in your business, having a conversation with the folks at Asterion is worth the effort before it is too late.
FYI
Refunds can still be obtained from Fortnite for unintended purchases.
Airlines have been selling your data to DHS.
Trends We’re Watching
Denmark has proposed a solution to stop AI deepfakes.
What’s Puzzling Us
You can now pre-order a back yard, DIY “Coaster in a Box,” but can you put one up without a permit? Will your homeowners’ policy cover any mayhem that results? What will the HOA say?
What Doesn’t Surprise Us At All
Everything old is new again. A select group of investors is betting on various global disasters. Isn’t this just how insurance has always worked?
Thread Recommendations
The Manayunk Canal is flowing for the first time since the 1940s.
The Erector Set was patented on this day in 1913. In 1998, it became one of the original toys inducted into the National Toy Hall of Fame.
Coyotes live in Central Park now.
The first public reading of the Declaration of Independence occurred on this day in 1776.
The official countdown to our nation’s 250th anniversary has begun, and several historical societies have collaborated to create The Revolutionary City, a portal of digital resources.
Watch List
The Blob, a classic Steve McQueen movie from 1958, was filmed in and around Phoenixville, PA. This weekend, July 11-13, Blobfest 2025 will once again be based at The Colonial Theater in Phoenixville.
Audio Files
Seventy years ago tomorrow, Rock Around the Clock became the first rock n’ roll hit to reach number one on the Billboard pop chart. The popularity of the Bill Haley and the Comets version was due to its’ inclusion in the soundtrack of the film Blackboard Jungle. An earlier recording of the song, popular in Philadelphia, was released in 1954 by Sonny Dae and His Knights.
Next week, the original July 13, 1985 Live Aid concert will be aired on Greatest Hits Radio to celebrate the 40th anniversary of the joint concert held at JFK stadium in Philadelphia and Wembley Stadium outside London.
Spotlight on Transaction & Restructuring Advisory
Asterion, Inc. has extensive experience providing consulting services to parties in interest in restructurings and business transactions.