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.
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(((