Author: Ben Campbell
Ben has been a writer for many years and is particularly interested in history, sports, and entertainment. He hopes to be able to share factually accurate information with interesting content for all his readers in an easy-to-digest format.
Chen Tianqiao, a Chinese billionaire and gaming industry pioneer, purchased close to 200,000 acres of Orgean land in 2015, becoming the second-largest non-Amercian land owner in the U.S. After obtaining the vast swath of forested land for $85 million just under a decade ago, this placed the 50-year-old business owner at number 82 on the list of America’s largest landowners. Shanda Interactive Gaming Company Source: Lukas Schulze/Getty Images Hailing from the Zhejiang province of China, Chen made his fortune from Shanda Interactive, a gaming company he founded in 1999 (via MSN). The company, famous for producing games, including “Dungeons and…
One of America’s most prominent CEOs, Jamie Dimon, has said the nation may be in for a rough 2024 as far as the economy’s concerned and hints at a possible recession. Dimon, who sits as the head of JPMorgan, isn’t on board with the Fed’s idea of a soft landing for the economy and compares this coming year with the 1970s, which saw periods of stagnant growth and relatively high inflation. Economists Wrong About 2024 Source: Mark Wilson/Getty Images Experts surmise the American economy in 2024 could be in for a soft landing after the Fed announced it is planning…
A survey carried out by Intelligent finds that employers are avoiding recent college graduates and instead opting to hire older professionals. The study finds that the younger generation, many of whom are Gen Zers, have failed to make an impression on potential employers for various reasons, including a lack of motivation, seeking absurd compensation, and many even bringing parents to interviews. Intelligent Study Brings Forth Shocking Results Source: Freepik Over 800 business managers, executives, and directors who play an active role in the hiring process were asked various questions by the team carrying out the survey. According to the survey…
The United States’ total debt has reached an incomprehensible $34 trillion, which marks a new record high. According to a report published by the Treasury Department, the U.S. hit the milestone on December 29. National Debt Keeps on Rising Source: Jemal Countess/Getty Images The figure referred to in the report, $34.001 trillion, represents the total amount of debt borrowed by the US federal government since the nation’s founding. While it’s not a record to be proud of, the new milestone arrived over three months after the national debt breached $33 trillion back in September. Experts’ Opinions Divided on Debt Source:…
Disney CEO Bob Iger Makes Desperate Deal With Investors to Save Disney From $70 Billion Loss
Disney CEO Bob Iger reveals the company has made a deal with the San Fransisco-based investment firm ValueAct Capital Management. The investment deal comes at a troublesome time for Disney, whose stock value has lost billions in just over a year. ValueAct Become Large Disney Investors Source: @thomsonreuters/X According to reports, ValueAct has invested significant capital in Disney, yet the full amount is undisclosed. ValueAct representatives went on the record during their 2024 meeting, where they agreed to do all they could to support Bog Iger and the Disney board as they try to revive the media empire. Confidentiality Agreement…
The Toyosu fish market in the Japanese city of Tokyo has been making headlines after it recently auctioned off a bluefin tuna for an eye-watering 114.24 million yen (or $789,000). After selling for an incredibly high price, the tuna joined the record books, coming in at the fourth-highest price in history. Japan leaders hope this marks a changing point in the economy for the better. Fishermen Catch the Monstrous Fish Source: Freepik Fishermen working off the coast of Oma, a small town in the northeastern portion of the island, caught an enormous fish last week. After safely returning to shore…
Customers of one of the United States’ best-loved fast-food restaurants are shocked by the substantial increase in the price of menu items. Chick-fil-A has raised their prices by over 20% in just two years, leaving customers looking for budget meals elsewhere. Frequent visitors to the chicken spot were made aware of a 15% price increase back in 2022. Yet, due to the increasing inflation witnessed across the states, Chick-fil-A was forced to up its prices by a further 6% last January, resulting in an overall increase of 21% in the previous two years. With such a rise in prices, the…
Arizona’s governor plans to tackle her state budget deficit that’s closing in on $1 billion by bringing accountability to the school voucher system, which is expected to cost the state over $900 million. Gov. Katie Hobbs also plans to change laws, allowing Arizona citizens to cope better with the harsh droughts affecting the state. Democratic Govenouer Address State Source: Kevin Dietsch/Getty Images Katie Hobbs took on the role of Arizona’s governor last year, replacing Doug Ducey, who served for nearly eight years (via PBS). When she addressed the politicians of Arizona during the State of the State meeting in January,…
An ongoing legal battle between the residents of Half Moon Bay City and the Californian government may reshape a vast portion of the state’s coastal region. Worried citizens are trying to build an enormous concrete wall to protect their homes against rising sea levels and natural disasters. Yet, they’ve been met with strong opposition from the Californian governmental body, who claim beach access will be lost if the wall is constructed. Half Moon Residents Fight to Build Wall Source: Smith Collection/Gado/Getty Images Residents of Half Moon Bay, a city that lies 30 miles south of San Francisco, are battling against…
In the wake of the COVID-19 pandemic, office spaces around the US have remained empty as people continue to enjoy the benefits of remote working. While this problem affects building owners across the states, Texas and its major cities, including Dallas and Houston, have been hit the worst, experiencing the highest vacancy rates. Vacant Offices Reach a New High Source: Freepik Reports from Moody’s Analytics, first shared by the Wall Street Journal, claim that 19.6% of available office space in the U.S. is empty. Moody’s began tracking the statistics in 1979. The figure released for the past year is the…