Iconic Movie Chain Closes In Los Angeles; 5 Predictions For Future Of Cinemas Nationwide

Pacific Theaters, owners of the Pacific Movie Chain and the Arclight Cinemas, is closed. Best known for its architecturally memorable, globally recognized landmark, The Cinerama Dome, the Pacific Theater Chain’s footprint is relatively modest – – home to approximately 300 movie theaters, mostly in Southern California. The larger chains – – AMC, Cinemark and Cineworld […]

The biggest event in crypto this week ISN'T Coinbase’s IPO: Erik Voorhees

ShapeShift CEO and crypto industry stalwart, Erik Voorhees, has suggested the launch of Thorchain is arguably the biggest event in crypto this week. And considering all eyes in crypto are on the direct listing of major US exchange Coinbase on the Nasdaq on Wednesday — with a potential valuation of $140 billion according to the […]

Where is (non-state capacity) libertarianism evolving?

That is the topic of my latest Bloomberg column, here is one bit: I would say that the purer forms of libertarianism are evolving: from a set of policy stances on political questions to a series of projects for building entire new political worlds… Much of the intellectual effort in libertarian circles is concentrated in […]

Analysts Bullish On Reopening Theater Stocks, But Pacific, ArcLight To Close

With Godzilla vs. King Kong setting a pandemic box office record this weekend, and audience sentiment strong for a return to theaters, several analysts turned bullish on the long-suffering theatrical-exhibition business, saying they expected a strong rebound in the business next year and beyond. Analyst Eric Handler at MKM Partners released a study suggesting significant […]

CoinList 'Rally': 40K investors rush to buy RLY despite price pump

Social token platform Rally has completed its first “liquid token sale” on crypto asset issuance platform CoinList, with 40,000 investors snapping up RLY tokens for $0.60 each between April 1 and April 4. The sale saw tokens distributed to investors at a set price despite RLY trading on exchanges since October, 2020. Token pricing was determined […]

A Push to Move the Golf Course Atop a Native American ‘Stonehenge’

Historians hoping to preserve the ancient Octagon Earthworks in Newark, Ohio, as a UNESCO World Heritage site face a problem: the golf club that leases the property. NEWARK, Ohio — The third hole here at the Moundbuilders Country Club is a tricky par 4: The green is protected by a six-foot-high mound that almost completely […]

Monkey “MindPong”: Elon Musk & Neuralink’s Latest Could Potentially Revolutionize Healthcare

Elon Musk’s Neuralink is yet again making waves in both the mainstream media and scientific community. The latest demonstration by the cutting-edge technology company entails Pager, a nine-year-old Macaque monkey playing “MindPong.” However, Pager isn’t just a regular monkey—rather, he’s had a Neuralink interface implanted in him, allowing him to play the game literally with […]

Reuters Names a New Editor in Chief

Alessandra Galloni, its global managing editor, will be the first woman to lead the news agency in its 170-year history. #styln-signup .styln-signup-wrapper { max-width: calc(100% – 40px); width: 600px; margin: 20px auto; padding-bottom: 20px; border-bottom: 1px solid #e2e2e2; } Reuters has named Alessandra Galloni, one of the news agency’s highest-ranking editors, as its new editor […]

Guns Of April And Global War

Authored by J.B.Shurk via AmericanThinker.com, War between Russia and Ukraine looks imminent.  Israel and Iran are engaging in tit for tat maritime altercations.  And China is ratcheting up provocative incursions into the airspaces and waters of Taiwan, Japan, and the Philippines. Any one of these regional conflicts is incendiary enough to ignite World War III (or, more accurately, […]

Token Standards: ERC20 vsERC721 vs ERC1155

Rachit Anand SrivastavaApr 4 · 3 min read Blockchain Technology is slowly taking over the world. People have finally started to understand the issues with centralization, and thus the importance of this one paper by the anonymous entity Satoshi Nakamoto, which started this revolution of cryptography and decentralization. In 2015, with the Ethereum network going […]

WWE Raw After WrestleMania Results: Winners, News And Notes On April 12, 2021

WWE Raw After Mania, featuring fallout from WrestleMania 37, opened with Bobby Lashley destroying Riddle and advertised a Raw Women’s Championship rematch between new champion Rhea Ripley and Asuka. WWE Raw garnered a 2021-low of 1.701 million viewers up against stiff competition in the form of the NCAA men’s basketball championship. WWE Raw Ratings—Last Five Weeks […]

China's Huawei Blames US For Global Chip Shortage

Just around the time Joe Biden was concluding a meeting with more than a dozen CEOs on Monday addressing the global chip shortage that has snarled supply chains and brought high-tech industries to a stop (a meeting in which he offered $50 billion for semiconductor manufacturing and research), China’s Huawei Technologies – which has been […]

USDT, USDC, and BUSD represent 93% of stablecoin market cap

Research from on-chain analytics provider Glassnode has revealed that the top three stablecoins represent more than 90% of the sector’s entire market cap. Glassnode’s April 13 “Week On-chain” report found that the top three stablecoins — Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) — have seen significant growth over the past six months […]

NYSE celebrates historic 'first trades' with NFT series

The New York Stock Exchange, or NYSE, has jumped on the NFT bandwagon by minting nonfungible tokens celebrating the first trade made in the shares of prominent U.S. companies. In an April 13th announcement, NYSE’s president, Stacey Cunningham, described NFTs as a “new, fun way to mark the moment” of a company’s first trade on […]

Smartmatic says disinformation on Fox News about the election was ‘no accident.’

The election technology company Smartmatic pushed back on Monday against Fox News’s argument that it had covered the aftermath of the 2020 presidential election responsibly, stating that Fox anchors had played along as guests pushed election-related conspiracy theories. “The First Amendment does not provide the Fox defendants a get-out-of-jail-free card,” Smartmatic’s lawyer, J. Erik Connolly, […]

How Bellingcat Launders National Security State Talking Points Into The Press

Authored by Alan Macleod via MintPressNews.com, Investigative site Bellingcat is the toast of the popular press. In the past month alone, it has been described as “an intelligence agency for the people” (ABC Australia), a “transparent” and “innovative” (New Yorker) “independent news collective,” “transforming investigative journalism” (Big Think), and an unequivocal “force for good” (South China Morning Post). Indeed, […]

Movie theater chain in Los Angeles, forced to close by the pandemic, will not reopen.

ArcLight Cinemas, a beloved chain of movie theaters based in Los Angeles, including the historic Cinerama Dome in Hollywood, will permanently close all its locations, Pacific Theatres announced Monday, after the pandemic decimated the cinema business. ArcLight’s locations in and around Hollywood have played host to many a movie premiere, in addition to being favorite […]

Greenwald: Due Process, Adult Sexual Morality And The Case Of Rep. Matt Gaetz

Authored by Glenn Greenwald via greenwald.substack.com, That Rep. Matt Gaetz (R-FL) is a pedophile, a sex trafficker, and an abuser of women who forces them to prostitute themselves and use drugs with him is a widespread assumption in many media and political circles. That is true despite the rather significant fact that not only has […]

NHL Trade Deadline Dominated By Cap Space Retention

When general managers say they want to make trades that will work out for both sides, they’re not always telling the truth. What general manager wouldn’t want to fleece a counterpart now and then? But in the leadup to the 2021 NHL trade deadline Monday, altruism between general managers was the order of the day. […]

By The Numbers: The Rate Bitcoin Must Climb To Reach $100K By July

Bitcoin is a numbers game through and through. There are only 21 million BTC. The code and its consensus algorithm are both made up of complex math. The total coins are slashed in half every four years, and so on and so fourth. Most important of all, here’s the growth rate Bitcoin price must hit […]

Big Government Rides To The Rescue Of Labor Unions

Submitted by Sovereign Man Blueprint The US House of Representatives has passed a bill called the Protecting the Right to Organize (PRO) Act. If the Senate passes the bill and the President signs it, this would usher in a union labor coup. It would become illegal for employers to attempt, in any way, to influence […]

Tuesday: CPI

by Calculated Risk on 4/12/2021 09:00:00 PM From Matthew Graham at Mortgage News Daily: MBS RECAP: Bonds Look Past Weaker Treasury Auction Today’s relatively calm reaction to a fairly weak 10yr auction continues the recent tradition of bonds NOT freaking out every chance they get. … [30 year fixed 3.28%] emphasis added Tuesday: • At […]

Bitcoin’s time has come: TIME magazine to hold BTC on balance sheet

Institutional fund manager Grayscale has partnered with acclaimed New York-based magazine TIME to produce an educational video series on the subject of crypto assets. The partnership was announced on April by Grayscale’s CEO, Michael Sonnenshein, with Sonnenshein revealing that TIME and its president, Keith Grossman, will receive payment in Bitcoin. Further, TIME does not intend […]

Fed's Tapering Roadmap Sets Up A Volatile Summer

The Fed tipped its hand today, and unveiled its “viral reaction function” revealing the timetable according to which the Fed will start talking about QE tapering. As discussed previously, James Bullard, president of the St. Louis Federal Reserve, said in an interview with Bloomberg Television that getting 75% of Americans vaccinated would be a signal that the […]

Arclight Cinemas And Pacific Theatres Announce Permanent Closure

In a statement, it was announced today that Arclight Cinemas and Pacific Theaters will permanently close all their locations as a consequence of the pandemic-induced business downturn. The California chain boasted 300 theaters, including the 58-year old Cinerama Dome (which you recently may have seen in Quentin Tarantino’s Oscar-winning Once Upon A Time In Hollywood) […]

Some Pubs and Shops Reopen in England, Raising Hopes for Economic Recovery

The pandemic has left Britain with deep economic wounds, but “Monday is a really positive start.” For the past year, the British economy has yo-yoed with the government’s pandemic restrictions. On Monday, the next bounce began as shops, outdoor dining, gyms and hairdressers reopened across England for the first time in months. In London, friends […]

People want a carrot (not stick) approach to low carbon food

Dr Lorraine Whitmarsh is director of CAST (Climate change and Social Transformations) at the University of Bath Recent headlines suggesting the UK government might slap a carbon tax on burgers and the great British banger have reignited controversy about what tackling the climate will mean for our food. The rumours…

One year on: UK power sector emissions fell 7.6 per cent during pandemic

The 2GW West Burton A coal station is to close by September 2022 | Credit: EDF Wartsilla publishes scorecard ranking the electricity sector carbon reductions of the 10 largest European economies’ since the first spate of Covid lockdowns The UK’s power-related carbon emissions fell 7.6 per cent over the past 12 months as coal power […]

Kingspan targets net zero carbon manufacturing by 2030

Bianca Wong, Kingspan global head of sustainability / Credit: Kingspan Building materials giant launches inaugural ‘Planet Passionate’ sustainability report and unveils fresh decarbonisation targets Kingspan has announced it has extended its net zero emissions target to cover its manufacturing activities, as it this week unveiled a fresh set of science-based emissions targets for both its […]

Liberty Charge kicks off national EV infrastructure rollout

First project from Zouk Capital and Liberty Global backed venture sees 20 on street charge points installed across the London borough of Waltham Forest The UK’s increasingly competitive electric vehicle (EV) charging market has welcomed a new addition this week, after Liberty Charge, the joint venture created by Liberty Global and Zouk Capital, announced the […]

America Needs to Empower Workers Again

Unions aren’t obsolete, and we need to get them back. Labor activists hoped that the unionization vote at Amazon’s Bessemer, Ala., warehouse would be a turning point, a reversal in the decades-long trend of union decline. What the vote showed, instead, was the continuing effectiveness of the tactics employers have repeatedly used to defeat organizing […]

Bathroom Remodeling: A Guide to Consider Before You Start

Featured image by Alexander Fife on Unsplash So you have finally decided to pursue your bathroom remodeling plans. You’re probably feeling pretty excited about it. You have been thinking about this for a while, and you already have some design ideas in mind. But before you do anything, you have to think things through. You will spend a […]

Why Joe Biden Does Not Remind Me of FDR

By Lambert Strether of Corrente. The jury is still out on whether President Biden’s American Jobs Plan will turn out to be underpowered, or not. My guess is that it will be; the Obama Alumni Association, for all its protestations, has form. Further, looking at the plan, you notice headlines with goals like “Rebuild clean […]