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Capital Calls: SXSW’s partial savior

Concise insights on global finance in the Covid-19 era.

4/19/2021 11:28:00 PM

Rolling Stone publisher Penske Media is taking a 50% stake in SXSW. It’s a lifeline to the annual Texas-based hipster confab and further evidence that live events are poised to bounce back in 2022, writes jennifersaba on Capital Calls.

Concise insights on global finance in the Covid-19 era.

ROLLING SOUTH. Arts-and-tech festival South By Southwest is selling a 50% stake to Rolling Stone publisher Penske Media, the Wall Street Journal reported. That provides a lifeline to the annual Texas-based hipster confab, and further evidence that live events are poised to bounce back in 2022.

NASA Wallops Rocket Launch Visible in Eastern United States University of California system will no longer require SAT and ACT scores for admission after settlement reached Talking on Zoom could help older people stave off dementia Read more: ReutersBreakingviews »

Delta CEO: We expect a US travel surge this summer - CNN Video

Delta Air Lines CEO Ed Bastian tells CNN's Richard Quest that he is optimistic for a surge in US travel this summer, but doesn't expect a similar trend for international travel until 2022.

Capital Calls: Rosatom suffers fallout from Kremlin meddlingConcise insights on global finance in the Covid-19 era.

Capital Calls: Nvidia-Arm dealFrom Breakingviews: A UK watchdog is intervening in the $40 billion tie-up of Nvidia and designer Arm on national security grounds. The semiconductor firms must prepare for regulators to chip away further, writes GinaChon in Capital Calls

Capital Calls: Tribune trophy hunter setbackA group of white-knight, rich-guy investors for Tribune, which owns the Orlando Sentinel and New York Daily News, lost a key partner for financing. jennifersaba explains on Capital Calls.

Capital Calls: ESG handcuffsBarclays has pulled out of an Alabama prison financing after a social-investing backlash. richardbeales1 explains why it’s becoming harder to hide from the ESG police.

Capital Calls: Bank of America hops the racial wealth gapBank of America’s shareholders voted against a deeper dive into its impact on racial inequality. johnsfoley explains on Capital Calls. More good news please(((