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Prolific musicians have been making a killing over the last few years selling the publishing rights to their music catalogs. But the wealthiest acts are making their riches outside of the recording studio. Here are the richest artists who cashed in on their business prowess to become billionaires in this week’s Five For Friday: #5:…
Nothing unites countries more than a common enemy. And that’s what’s going on in central and western Europe now. Russia’s brutal tactics in Ukraine are forcing leaders everywhere to take sides. Germany is finally sending in tanks, and so are Spain and Portugal. Even Finland, with its history of independence, has joined NATO to shore…
The Air Force is changing its body fat limits for new members as it faces a recruitment shortfall. The service expects to miss its active-duty recruiting goal by 10% in 2023, and it hopes that the new policy will help to increase its pool of eligible candidates. Under the new rules, men can have a…
Tennessee’s plans to use eminent domain to seize privately-owned farmland for Ford’s $5.6 billion “mega campus” project, BlueOval City, have sparked concern among local farmers. The state government has committed $884 million in incentives to Ford, including the formation of an 11-person board with the power to seize land. The planned BlueOval City campus in…
Chinese scientists have released a new report that casts greater doubt on the COVID-19 origin theory that revolves around animals transferring the virus to humans at a Wuhan wet market. This comes despite the Chinese government standing by its claim that COVID’s natural origin theory is the likely source. The highly anticipated report doesn’t completely…
It can write a poem on any topic in any language in a matter of seconds. It can write decent jokes, dispense relationship advice and prepare you for a job interview. It even passed an exam at the Wharton School of Business. It’s ChatGPT, the amazing AI chatbot that is taking the internet by storm.…
As the dust starts to settle following the collapse of Silicon Valley Bank and Signature Bank in March, economists are warning of cracks in the system that started spreading even before the failures. Under conditions of banking turmoil, some are worried credit tightening will become a credit crunch. “I’m getting really nervous now that an economy that I…
An increasing number of banks, large and small, reported tightening credit standards to start off 2023, even before the banking turmoil that began in March. But smaller banks are now getting hit twice as hard as customers move deposits away from regional institutions, which could put some small businesses in further peril. In the week…
The CEO of the largest bank in the U.S. is warning the government to avoid “knee-jerk, whack-a-mole or politically motivated responses,” to the latest bank failures. JPMorgan Chase leader Jamie Dimon has been meeting behind the scenes with regulators and other bank leaders over the past month but commented publicly on the banking crisis for…
On Tuesday, April 4, Richard Branson’s satellite-launching company Virgin Orbit filed for Chapter 11 bankruptcy. The company failed to find a funding lifeline following a launch failure and is now looking to sell its assets. When a public company like Virgin Orbit goes bankrupt, there is no shortage of headlines. But there’s an undercurrent happening…
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