Day: September 13, 2020

Novo Guitars turns to direct sales to survive COVID-19

By Aimee Picchi, Special to USA TODAY
Published 5:56 p.m. ET Sept. 13, 2020


Novo Guitars sells hand-made, originally-designed guitars. Here’s how they’ve survived the pandemic even with no concerts or live performances.


Since its founding in 2015, Novo Guitars has built a reputation in its home base of Nashville and beyond, with its instruments played by country legend Keith Urban and musicians who work with Beyoncé and David Byrne.

But when the pandemic brought its business to a standstill in March, owner Dennis Fano said the future suddenly looked uncertain. 

“We weren’t sure how long we were going to be shut down for,” Fano, 49, recalls. “And then once we were able to resume production, we weren’t sure exactly what that was going to look like.”

Until that point, Novo Guitars had been on a run. It kicked off 2020 with a “nice increase” of orders,

Read More

European Central Banks Demand Crypto Regulations

Europe’s biggest banks have called on the European Commission to implement tough regulations for cryptocurrencies, such as stablecoins, that would protect consumers and preserve state sovereignty in monetary policy, Reuters reported.

In a joint statement Friday (Sept. 11), the finance ministers of Germany, France, Italy, Spain and the Netherlands said they asked the executive branch of the European Union (EU), the agency responsible for managing the day-to-day business of the EU’s 27 nations, to prohibit stablecoins until oversight challenges had been addressed, Reuters reported.

Stablecoin dispensers should be registered in the EU, the ministers said, according to Reuters.

“We all agree that it’s our task to keep financial market[s] stable and to ensure that what is a task for states remains a task for states,” German Finance Minister Olaf Scholz told reporters, Reuters reported.

In addition, Scholz said regulators must ban any private

Read More

British Business Calls for Green Recovery, Policies to Meet Net Zero | Investing News

LONDON (Reuters) – Britain’s leading business group has called on the government to implement green measures to help the economy recover from the coronavirus pandemic, and bring forward policies to enable to country to meet its climate targets.

Britain last year set a target to reach net-zero emissions by 2050 but its economy is suffering from the effects of measures designed to slow the spread of the coronavirus.

Britain’s economy saw sharpest second-quarter fall of any Group of Seven nation in the April-June period.

“To ensure that the 2020s continue to be a decade of delivery on net zero there needs to be step-change in the pace of investment, supported by government,” the Confederation of British Industry (CBI) said in its Green Economic Recovery Roadmap published on Monday.

The CBI called on government to accelerate the delivery of electric vehicle charging points, pledge at least 1 billion pounds ($1.28 billion)

Read More

Hall of Fame Resort & Entertainment Company Appoints Erica Muhleman as Executive Vice President of New Business Development/Marketing & Sales

Hall of Fame Resort & Entertainment Company (“HOFV” or the “Company”) (NASDAQ: HOFV, HOFVW), the only resort, entertainment and media company centered around the power of professional football and owner of the Hall of Fame Village powered by Johnson Controls in Canton, Ohio, today announced that it has named experienced business professional Erica Muhleman as its Executive Vice President of New Business Development/Marketing & Sales, effective September 14, 2020. Ms. Muhleman’s primary responsibilities will include expanding and strengthening the Company’s relationships with global, national and regional business partners to drive revenue and raise HOFV’s brand profile.

Ms. Muhleman brings to HOFV extensive knowledge of corporate sponsorships, sales and marketing, and community and public relations accumulated from her over two decades of experience working in the sports and entertainment industries. She has worked directly with corporate leadership executives and business partners within professional sports organizations such as the National Football League

Read More

The Working Class Is the Vast Majority of Society

Excerpt from A People’s Guide to Capitalism: An Introduction to Marxist Economics (Haymarket Books, August 2020).

The working class — black, white, native-born, and immigrant — across a diverse set of experiences and facing myriad oppressions, collectively make up a class of people who are exploited to create profits for the few. Understanding how class works and on what basis class positions are determined help to reveal the structures of power and exploitation in our society.

A very basic definition of classes as they exist under capitalism begins with this premise: workers have to sell our ability to work, and capitalists buy and command our labor power. You can’t understand either the worker’s or the boss’s class position without understanding that the whole of the system is one in which labor is set to work, in order to produce a profit for someone else.

Class, in other words, is a

Read More

Commission to consider church’s request to locate in downtown building

Karl Puckett, Great Falls Tribune
Published 2:17 p.m. MT Sept. 13, 2020


If the distance requirement for liquor establishments and churches in the core business district is amended in city code, Calvary Chapel of Cascade County could locate in the Penington Place Building on Central Avenue without posing a threat to future downtown development, according to the city. (Photo: Karl Puckett)

The Great Falls City Commission will vote on a permit for Calvary Chapel to set up business in the downtown Penington Place building, 427 Central Ave., a request that’s prompted a move to scrap a rule requiring 600 feet of distance between taverns and churches.

When Calvary Chapel applied for a conditional use permit for locating the worship facility in the building, members of the downtown community voiced concerns that it would stop businesses in the future from seeking new liquor licenses within 600 feet of the church.

Read More

Business Intelligence vs Advanced Analytics: What’s the Difference?

In today’s data obsessed world, several new tools and technologies are being embraced to unearth insights from data. From big data to business intelligence, machine learning to advanced analytics, artificial intelligence and more. Although all these concepts offer a range of benefits, business intelligence and advanced analytics are two complex but interesting topics that are often used interchangeably. Read this blog to explore these technologies and learn more about the difference between BI and Advanced Analytics.

In a world where data has become a differentiating factor for business excellence, business intelligence enhances the decision-making ability of companies. By making meaningful use of data collected from business operations on a day-to-day basis, it assists them in enhancing their performance, exploring new opportunities, identifying threats, and unearthing new insights to speed up the decision-making process.

Advanced analytics, on the other hand, helps answer complex and challenging

Read More

TOM LEONARD: The master of design with a very untidy love life

He transformed Britain’s sense of style, his visionary influence extending not only into our homes but also into our shops and restaurants.

Sir Terence Conran, who has died aged 88, became a byword for good taste — a visionary and business genius in whose emporia, from Habitat to The Conran Shop, Britain’s middle class first dipped a tentative toe into the heady waters of ‘contemporary design’.

The cognoscenti sneered that his designs weren’t particularly original but Conran knew how to sell an idea and make it affordable.

That perfectionist mission to brighten up drab postwar Britain started at London’s Central School of Art and Design, where he studied textiles. He was so precociously talented as a boy that, according to a family friend, he was given the largest bedroom while his parents slept in one of the two smaller ones

The British had barely slept under a duvet, cooked with

Read More

‘Dancing With the Stars’ returns with a new look

Chuck Barney’s TV picks for Sept. 13-19

DON’T MISS: “Dancing With the Stars” — After 28 sequin-studded and spray-tanned seasons, the popular ballroom competition is getting a makeover. So extend a warm welcome to new host Tyra Banks and rookie judge Derek Hough. Of course, the cast is filled with fresh faces, as well. They include animal activist Carole Baskin, who gained fame in the wild and crazy documentary series “Tiger King,” and Kaitlyn Bristowe, best known for being a leading lady on “The Bachelorette.” Other notables are Backstreet Boys singer AJ McLean, rapper Nelly, actress Anne Heche and former Olympic figure skater Johnny Weir. (8 p.m. Monday, ABC).

Other bets:

SUNDAY: In “Lucy Worsley’s Royal Palace Secrets,” the eccentric historian and chief curator of England’s historic royal palaces invites viewers on a private tour of three magnificent landmarks: Hampton Court Palace, the Tower of London and Kensington Palace. Going

Read More

Central Bank Week In Review For 9/7-9/11

This week, two major banks issued policy statements. The Bank of Canada stood pat (emphasis added):

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative easing (QE) program, with large-scale asset purchases of at least $5 billion per week of Government of Canada bonds.

Here is how the bank described the current state of the Canadian economy (emphasis added):

Household spending rebounded sharply over the summer, with stronger-than-expected goods consumption and housing activity largely reflecting pent-up demand. There has also been a large but uneven rebound in employment. Exports are recovering in response to strengthening foreign demand, but are still well below pre-pandemic levels. Business confidence and investment remain subdued. While recent data during the reopening phase is

Read More