Results for “Markets in everything”
1801 found

Lebanese/Gaza marriage markets in everything

Political parties sponsor weddings for young members to reinforce their loyalty, and gratitude. Religious and ethnic minorities — which means everyone in splintered Lebanon — consider marriage and procreation essential to their long-term survival. And armed groups encourage their fighters to marry so that their children can become the fighters of the future.

A few weeks before the Maronite nuptials, Hezbollah, the Shiite militant group and political party, oversaw a similar enormous wedding for 31 couples. That was tiny compared with a mass wedding in Lebanon earlier this year that brought together 196 couples and was sponsored by the Palestinian Authority president, Mahmoud Abbas.

But the nearby Gaza Strip — where an Egyptian-Israeli blockade keeps people poor and locked in — beats them all, often because of competition between foreign sponsors eager to win friends by expediting marriages.

In 2015, the United Arab Emirates sponsored a mass wedding there for 200 couples. Two months later, Turkey seriously upped the ante, bankrolling a ceremony for 2,000 couples that was attended by officials from Hamas, the militant group that rules the territory…

Fadi Gerges, an official with the league, said it was natural for minorities to encourage their youths to procreate in a country where demographics affect power.

Here is the rest of the Ben Hubbard NYT story, via the excellent Kevin Lewis.

Vending machine markets in everything

The engagement ring (size 6.25) is in the fourth machine in the B3 slot, almost hidden among the more colorful gifts. Made by Fitzgerald Jewelry of Williamsburg, Brooklyn, it features a yellow rose-cut diamond surrounded by gray-colored diamonds set in 14-karat gold band with matte finish. It costs $800 before tax…

Ms. Kelly jokingly added that you could almost pull off an entire wedding with items from the vending machines. Grooms can wear the Duncan Quinn cuff links ($525) and a necktie ($285). Brides can carry a dried bouquet that stays fragrant for three years ($25). Photos can be taken with a Polaroid camera ($100). The machine even sells Polaroid film in color or black and white ($17 each).

Here is more from the NYT.

Berkeley markets in everything

Multiple students on campus have offered to pay their classmates to drop out of classes they are waitlisted for, raising concerns about over-enrollment and advising.

Campus sophomore David Wang reposted a screenshot on the Overheard at UC Berkeley Facebook page showing a post by a Haas senior in their final semester before going abroad offering to pay $100 to the first five students to drop UGBA 102B, “Introduction to  Managerial Accounting.” The student in question needed the class to graduate, and claimed that the “advising office was no help, so I’m taking matters into my own hands.”

Here is the full story, via Paul Kedrosky.

NBA crypto markets in everything

Nets sixth man Spencer Dinwiddie is in the process of converting his contract so it can be used as a digital investment tool, Shams Charania of The Athletic reports.

Dinwiddie’s deal, which he agreed to during last season, is worth $34 million over three years. By converting it to be used as an investment vehicle, Dinwiddie will receive a lump sum upfront that will likely be less than the total amount of the deal.

According to Charania, Dinwiddie’s plan is to start his own company to securitize his deal as a digital token. Dinwiddie would pay investors back principle and interest.

Dinwiddie’s deal includes a player option for the 2021-22 season, and it is unclear how opting out would impact investors. Last year, Dinwiddie took a business class at Harvard along with now-teammate Kyrie Irving.

Former NFL running back Arian Foster previously tried to do something similar but it did not pan out.

Dinwiddie is heading into his sixth season. Last season, he averaged 16.8 points and 4.4 assists.

From Sports Illustrated, via Mike Tamada, here is further coverage from Atlantic.

Corn markets in everything

Farmers across the U.S. have stumbled onto a fertile side hustle at a time when prices for their crops are low: cramming produce into an air gun and charging people to fire it into the sky.

Growers of corn, apples and even pumpkins place the agricultural ammo at the base of a long tube, sometimes with the help of a ramrod. Then they use an air compressor to build up enough pressure to send the fruits or vegetables flying hundreds of feet, where they land with a satisfying splat.

“Why not shoot it?” says Fred Howell, owner of Howell’s Pumpkin Patch in Cumming, Iowa. “We’re fat Americans and we play with our food.”

It’s a way to keep jaded teens and bored adults coming back to spend time and money on the farms while the youngest members of the family are happy petting sheep.

Here is the full WSJ story, via the excellent Samir Varma.

Travel markets in everything

Since launching IntroverTravels in South Dakota nearly three years ago, Marek has planned a wide array of trips for his clients, from tours of Vietnam and Thailand focused on cuisine, to more adventurous wildlife-watching itineraries in South Africa and the Galapagos. “They tend to be remote places where there’s an absence of people or external stimuli. You can get back to nature, contemplate history or experience the culture of a new place,” Marek says.

His clients tend to be “social introverts,” people who enjoy activities but need to be alone afterward to recharge.

And:

When the group meets, Renzi has them all agree to a few specific principles, including, she says, “Honour one another’s needs and preferences for personal time and space and right to silence, and encourage one another to take personal time and skip group activities as needed. Be open to different belief systems, ways of behaving, communication styles.”

The trips are usually capped at 16 people, and many now have waiting lists. “The demand has certainly been growing,” Renzi says.

Here is the full story by Dave Mcginn, via Art Johnson.

Disgrace insurance markets in everything

According to a Vulture article, Comenos then put together a squad of researchers in India to do the same thing: comb the trashiest ends of the web for iffy tweets, racial slurs and ill-advised sexts sent by about 27,000 prominent figures. These are then fed to a team of data specialists in Boston who crunch the numbers, based on 224 factors, and generate a “risk score” out of 100 for each person to gauge how close they are to getting permanently cancelled (shamed, rejected or boycotted for offensive behaviour or language).

Comenos’s company is called SpottedRisk: a “disgrace insurer” backed by Lloyds of London and touting for business from studios and brands badly burned by a celebrity shooting themselves in the foot – and damaging whatever project they were involved in. These losses have been substantial. Tiger Woods’ 2009 car crash, plus revelations about his infidelities, cost him $22m in brand contracts – and the shareholders of those brands up to $12bn. Meanwhile,#MeToo has escalated Hollywood blacklisting. After sexual abuse allegations against Kevin Spacey in 2017, Ridley Scott reshot the thriller All the Money in the World with Christopher Plummer in Spacey’s role – at a cost of $10m. Another Spacey movie, The Billionaire’s Boys Club, ploughed on with its planned release regardless of increasing public disgust at its star. It made £98 on its opening night.

SpottedRisk says its payout for Spacey would be about $8m – a number generated by combining his risk score with its “outcry index” to gauge public reaction. Bill Cosby and Harvey Weinstein would merit $10m payouts, while Roseanne Barr is relatively small change at $6m.

Here is the full Catherine Shoard article, via Michael, note that Donald Trump and R. Kelly are considered “uninsurable.”

California markets in everything

A Taco Bell hotel with Taco Bell themed items and equipment:

Just as guests began arriving at The Bell: A Taco Bell Hotel & Resort on Thursday, a viral tweet made the rounds connecting the fast food chain to conservative-leaning political contributions made by its corporate parent, YUM! Brands. Would that cast a cloud over the pop-up activation, which had been in the works for over a year? Would the flood of Instagram influencers, YouTube vloggers, and Taco Bell enthusiasts be less likely to gleefully share their Fire Sauce-smothered content? The answer, of course, was no.

People really, really love Taco Bell. Every reservation for The Bell’s four-night run ($169 per night) booked up in under two minutes.

Here is the full story, via Shaffin.

Markets in everything, Russian science edition

Our team in Russia received a tip from the local research community to a new form of publication fraud. The tip led to a website, [redacted] set up by unscrupulous operators to serve as a virtual marketplace where authors can buy or sell authorship in academic manuscripts accepted for publication. This kind of peer-to-peer sharing, in “broad daylight” is not something we’ve seen before – so we conducted a quick analysis of the site, and its data, before taking swift action to alert our friends and colleagues in the scientific community.

There are no author names, or journal names indicated on the site – the journal name is available to buyers only. Sometimes as many as five authorships in a single article are offered for sale, with prices varying depending on place in the list of authors.

Here is the full story, via Brandon.

Rhino bond markets in everything

Conservationists have started marketing a five-year rhino bond, which bankers say will be the world’s first financial instrument dedicated to protecting a species.

Investors in the $50m bond will be paid back their capital and a coupon if African black rhino populations in five sites across Kenya and South Africa increase over five years. The yield will vary depending on changes in the rhino population, which has fallen rapidly since the 1970s.

The bond is likely to have different categories of investment, with some investors taking a “first loss” position. If rhino numbers drop, those investors will lose their money depending on the scale of the decline and the terms of their investment, while investors in other categories will be repaid.

That is from John Aglionby at the FT.

EU markets in everything?

I had never heard about this before:

The controversial practice of picking corporate sponsors for the European Union‘s rotating presidency is to continue, despite an outcry from MEPs.

EU countries have been raising eyebrows by doing deals with increasingly controversial multinational corporations during their stints overseeing debates at the EU council.

Romania’s presidency in the first half of 2019 was sponsored by Coca-Cola, with the US drinks giant’s logo plastered over banners and signs at meetings. One council summit in Bucharest featured Coca-Cola branded bean bag chairs, and a fridge of free drinks plastered with statistics about the company’s contribution to the economy.

Other sponsors of the council presidency have included car manufacturers, software companies, and other firms with vested interests in influencing EU policy.

But hopes that the incoming Finnish presidency, which took the helm this summer, might end the practice, were dashed after it picked German car manufacturer BMW as a sponsor – despite the firm being hit with a fine over its cars’ diesel emissions earlier this year.

Here is the full story, via Jon Stone.

Japanese car rental markets in everything

People are renting cars, but then not driving them at all:

One respondent to the company’s survey said they rented vehicles to nap in or use for a workspace. Another person stored bags and other personal belongings in the rental car when nearby coin lockers were full.

In the aftermath of the 2011 Great East Japan Earthquake and tsunami, rental cars were also used to recharge cellphones.

”I rented a car to eat a boxed meal that I bought at a convenience store because I couldn’t find anywhere else to have lunch,” said a 31-year-old male company employee who lives in Saitama Prefecture, close to Tokyo.

“Usually the only place I can take a nap while visiting my clients is a cybercafe in front of the station, but renting a car to sleep in is just a few hundred yen (several dollars), almost the same as staying in the cybercafe.”

Here is the full story by Andrew J. Hawkins, via Samir Varma and also Michael Rosenwald.

Japanese pop-up restaurant markets in everything raise the lfpr edition

Worldwide, dementia affects 47.5 million people with 9.9 million new cases each year. Recently, a pop-up restaurant in Tokyo spent 3 days in operation, changing the public’s perception of those suffering from dementia and Alzheimer’s. The Restaurant of Order Mistakes, which was open in early June, was staffed by sufferers of these disorders.

Six smiling waitresses took orders and served food to customers, who came in knowing they may not get what they asked for. Each waitress suffers either from dementia or Alzheimer’s, hence the name of the restaurant. One waitress, who used to work in a school, decided to participate since she was used to cooking for children and thought she could do it. But, of course, the day was not without mistakes.

Here is the full story, via Chaim K.

Viral Markets in Everything

The Persistence of Chaos is an Airgapped Samsung 10.2-Inch Blue Netbook (2008) that is running Windows XP SP3 and 6 pieces of malware that collectively caused some $95 billion in damages. One of the worms trapped on the computer, for example, is:

SoBig

SoBig was a worm and trojan that circulated through emails as viral spam. This piece of malware could copy files, email itself to others, and could damage computer software/hardware. This piece of malware caused $37B in damages and affected hundreds of thousands of PCs.

The terms of sale include the following:

The sale of malware for operational purposes is illegal in the United States. As a buyer you recognize that this work represents a potential security hazard. By submitting a bid you agree and acknowledge that you’re purchasing this work as a piece of art or for academic reasons, and have no intention of disseminating any malware. Upon the conclusion of this auction and before the artwork is shipped, the computer’s internet capabilities and available ports will be functionally disabled.

The current high bid is over $1,200,750.

Hat tip: Paul Kedrosky.