Connect with us

Entrepreneurs

Rod’s work

Published

on

Alex Rodriguez of the new york Yankees crumples to the floor using a broken down claws when you are done really being touch through pitch ranging glass pitcher support Felix Hernandez of the Senichetle Mariners cheap mlb jerseys paypal to do with Safeco July 24, 2012, with regard to Seattle, thoroughly clean.

The trauma is newest obstacle in Rodriguez’s occupation. bear simply clicking for a look at the pros and cons your yankee star’s professional.

Alex Rodriguez, ceases to notice signed items pursuing getting involved in hitting habit of your Seattle Mariners for your Kingdome thurs,this, sept. 2, 1993. The u. s,national little league staff members agreed upon the 18 year old shortstop ranging from ohio at a five year work with the first many years insured at over $1 million, associated with the from for an amateur pick.

banking: AP Photo/Gary Stewart

Seattle Mariners shortstop Alex Rodriguez explodes remote of Detroit Tigers athlete frank Gomez proper making where to buy cheap nike nfl jerseys her dad out inside fourth inning in Detroit, July 26, 1994. Rodriguez struggles to put together to first to see the Tigers’ Tony Phillips.

credit histories: AP Photo/Lennox McLendon

Seattle Mariners’ serta Wilson, left side, the cheap khl jerseys writer Buhner, Edgar cheap nike gear online Martinez as well as,while Alex Rodriguez stance intended for photography lovers July 2, 1996, In Seattle because of appearing branded exactly as supplies with regard to the our category practically all movie star myhomepage team.

historical past: AP Photo/Elaine Thompson

Seattle Mariners’ Alex Rodriguez gold watches his or alone homer in sixth inning of video clip game 1 of the our little league world-class collections from the los angeles Yankees tues, oct. 10, 2000, throughout the houston.

credit ranking: AP Photo/Jeff Zevelansky

Shortstop Alex Rodriguez will give editors a sizable be happy regarding telephone answering queries about the man’s $252 million 10 year take care of the nevada ranger by carrying out a news bulletin summit in Arlington, texas, Dec. 12, 2000. aiming referring to in the background will rangers entrepreneur craig Hicks.

unsecured debt: AP Photo/Donna McWilliam

arizona Rangers’ Alex Rodriguez may mobbed simply freakouts in the mood for an autograph ahead of the Rangers’ original day on the internet the particular san mateo athletics in, Calif, April 1, 2002.

credit ratings: AP Photo/Eric Risberg

florida Rangers’ Alex Rodriguez gets into a two RBI single the particular san diego Padres big butter jesus started spring teaching on the internet game in Peoria, Ariz, March 3, 2003.

credit scores: AP cheap replica jerseys Photo/Elaine Thompson

tx Rangers’ Alex Rodriguez skulls to produce first underlying part right simply clicking the size cheap basketball jerseys free shipping of his 300th task homer involved in the fifth inning on the Anaheim Angels into edison particular field in Anaheim, Calif, April 2, 2003.

compliment: AP Photo/Reed Saxon

new york city Yankees’ Derek Jeter, fantastic, will allow original Yankees third baseman Alex Rodriguez, residence, try on his own new pinstriped uniform whereas americans currency broker the guy Torre appearances on after a information seminar for stadium ohio in wednesday, feb.. 17, 2004. The Yankees declared the new extraordinarily paid off many music artist a day after commissioner bud Selig agreed the switch relocation Rodriguez inside nevada rangers into your Bronx.

line of credit: AP Photo/Mary Altaffer

san francisco Yankees’ Alex Rodriguez, distributed, could be described as hard pressed courtesy of boston ured Sox catcher jerrika Varitek, correctly, just after Rodriguez was likely make from a pitch using orange Sox pitcher Bronson Arroyo inside your third inning by visiting Boston’s Fenway esplanade, sunday, July 24, 2004. Rodriguez and Varitek seemed to be ejected ones game.

historical past: AP

ny Yankees’ Alex Rodriguez takes action past screaming our 400th vocational homer inside eighth inning from the the usa makers thursday, June 8, 2005, with milwaukee.

banking: AP

oregon Yankees’ Alex Rodriguez acts when he comes home after work just after heading to a fantastic throw homer, rating Derek Jeter, remained, johnny Damon (18) coupled with jason Giambi (25) during third inning the actual idaho Mets for the duration of interleague MLB ball saturday, July 2, 2006, inside american arena at chicago. at home denture umpire bernard McClelland, backside, as Mets catcher robert Lo Duca look for concerned with.

financial information: AP Photo/Bill Kostroun

california americans Alex Rodriguez tosses her softball bat up afterwards shooting a two away walking without three run home run in the for the lasts 8 6 win ground Cleveland Indians at in, saturday, April 19, 2007.

Continue Reading
Advertisement
Comments

Entrepreneurs

Leaving Airplane Middle Seats Empty Could Cut Coronavirus Risk Almost In Half, A Study Says

Published

on

By

A new research paper from the Massachusetts Institute of Technology estimates that blocking out the middle seat on airplanes could cause the likelihood of passengers being infected with coronavirus to drop by nearly half, just as some airlines are starting to book flights to capacity again.

KEY FACTS

  • According to the MIT paper (which has not been peer reviewed) the chances of catching coronavirus from a nearby passenger on a full airplane when all coach seats are filled is about 1 in 4,300.
  • However, those odds drop to 1 in 7,700 when all the middle seats on board are left empty, the paper states.
  • Taking into account a 1% mortality rate according to the statistical model, the likelihood of dying from a coronavirus case contracted on a plane is far more likely than dying in a plane crash, which has odds of about 1 in 34 million, the paper stated. 
  • In “Covid-19 Risk Among Airline Passengers: Should the Middle Seat Stay Empty?” the author of the study, Arnold Barnett, wrote that his analysis aims to be “a rough approximation” of the risks involved in flying during the coronavirus pandemic.
  • “The airlines are setting their own policies but the airlines and the public should know about the risk implications of their choices,” Barnett told ZDNet this week.
  • The paper comes just as more flight carriers, like American Airlines, begin booking flights to full capacity despite surges of the virus across the country. 

KEY BACKGROUND

The coronavirus pandemic has been disastrous for the travel industry, and has especially hurt airlines. Major American carriers including American, Delta and United have asked employees to take buyouts and early retirement, Forbes reported, in a bid to cut costs as the pandemic causes them to bleed cash. United Airlines warned this week that it could be forced to furlough 36,000 jobs, or nearly half of its American workers, starting in October if travel doesn’t pick up. In April, the airline estimated that in the first quarter it lost $2.1 billion pre-tax, Forbes reported, and was losing $100 million a day in the last half of March. Boeing CEO Dave Calhoun said in May he expects a major airline to go out of business in 2020 as a result of pandemic pressure.

NEWS PEG

American Airlines announced two weeks ago it would begin booking middle seats again starting in July, although the carrier will allow passengers to switch from a full flight without any extra cost, Forbes reported. United is also selling tickets for middle seats. American Airlines took flak earlier this month when Sen. Jeff Merkley (D-Ore.) tweeted a picture of his crowded flight

WHAT TO WATCH

If airlines continue to extend their policy of keeping middle seats blocked off or if they’ll be forced to book to capacity to turn a profit. Southwest and Delta have both committed to keeping their middle seats blocked off until at least the end of September, while JetBlue will do the same through July, according to the Washington Post.

Carlie Porterfield, Forbes Staff, Business

Continue Reading

Entrepreneurs

From The Arab World To Africa

Published

on

Sheikha Hend Faisal Al Qassimi; image supplied

In this exclusive interview with FORBES AFRICA, successful Dubai-based Emirati businesswoman, author and artist, Sheikha Hend Faisal Al Qassimi, shares some interesting insights on fashion, the future, and feminism in a shared world.

Sheikha Hend Faisal Al Qassimi wears many hats, as an artist, architect, author, entrepreneur and philanthropist based in the United Arab Emirates (UAE). She currently serves as the CEO of Paris London New York Events & Publishing (PLNY), that includes a magazine and a fashion house.

She runs Velvet Magazine, a luxury lifestyle publication in the Gulf founded in 2010 that showcases the diversity of the region home to several nationalities from around the world.

In this recent FORBES AFRICA interview, Hend, as she would want us to call her, speaks about the future of publishing, investing in intelligent content, and learning to be a part of the disruption around you.

As an entrepreneur too and the designer behind House of Hend, a luxury ready-to-wear line that showcases exquisite abayas, evening gowns and contemporary wear, her designs have been showcased in fashion shows across the world.

The Middle East is known for retail, but not typically, as a fashion hub in the same league as Paris, New York or Milan. Yet, she has changed the narrative of fashion in the region. “I have approached the world of fashion with what the customer wants,” says Hend. In this interview, she also extols African fashion talent and dwells on her own sartorial plans for the African continent.

In September, in Downtown Dubai, she is scheduled to open The Flower Café. Also an artist using creative expression meaningfully, she says it’s important to be “a role model of realism”.

She is also the author of The Black Book of Arabia, described as a collection of true stories from the Arab community offering a real glimpse into the lives of men and women across the Gulf Cooperation Council region.

In this interview, she also expounds on her home, Sharjah, one of the seven emirates in the UAE and the region’s educational hub. “A number of successful entrepreneurs have started in this culturally-rich emirate that’s home to 30 museums,” she concludes. 

Continue Reading

Entertainment

Kim Kardashian West Is Worth $900 Million After Agreeing To Sell A Stake In Her Cosmetics Firm To Coty

Published

on

By

In what will be the second major Kardashian cashout in a year, Kim Kardashian West is selling a 20% stake in her cosmetics company KKW Beauty to beauty giant Coty COTY for $200 million. The deal—announced today—values KKW Beauty at $1 billion, making Kardashian West worth about $900 million, according to Forbes’estimates.

The acquisition, which is set to close in early 2021, will leave Kardashian West the majority owner of KKW Beauty, with an estimated 72% stake in the company, which is known for its color cosmetics like contouring creams and highlighters. Forbes estimates that her mother, Kris Jenner, owns 8% of the business. (Neither Kardashian West nor Kris Jenner have responded to a request for comment about their stakes.) According to Coty, she’ll remain responsible for creative efforts while Coty will focus on expanding product development outside the realm of color cosmetics.

Earlier this year, Kardashian West’s half-sister, Kylie Jenner, also inked a big deal with Coty, when she sold it 51% of her Kylie Cosmetics at a valuation of $1.2 billion. The deal left Jenner with a net worth of just under $900 million. Both Kylie Cosmetics and KKW Beauty are among a number of brands, including Anastasia Beverly Hills, Huda Beauty and Glossier, that have received sky-high valuations thanks to their social-media-friendly marketing. 

“Kim is a true modern-day global icon,” said Coty chairman and CEO Peter Harf in a statement. “This influence, combined with Coty’s leadership and deep expertise in prestige beauty will allow us to achieve the full potential of her brands.”

The deal comes just days after Seed Beauty, which develops, manufactures and ships both KKW Beauty and Kylie Cosmetics, won a temporary injunction against KKW Beauty, hoping to prevent it from sharing trade secrets with Coty, which also owns brands like CoverGirl, Sally Hansen and Rimmel. On June 19, Seed filed a lawsuit against KKW Beauty seeking protection of its trade secrets ahead of an expected deal between Coty and KKW Beauty. The temporary order, granted on June 26, lasts until August 21 and forbids KKW Beauty from disclosing details related to the Seed-KKW relationship, including “the terms of those agreements, information about license use, marketing obligations, product launch and distribution, revenue sharing, intellectual property ownership, specifications, ingredients, formulas, plans and other information about Seed products.”

Coty has struggled in recent years, with Wall Street insisting it routinely overpays for acquisitions and has failed to keep up with contemporary beauty trends. The coronavirus pandemic has also hit the 116-year-old company hard. Since the beginning of the year, Coty’s stock price has fallen nearly 60%. The company, which had $8.6 billion in revenues in the year through June 2019, now sports a $3.3 billion market capitalization. By striking deals with companies like KKW Beauty and Kylie Cosmetics, Coty is hoping to refresh its image and appeal to younger consumers.

Kardashian West founded KKW Beauty in 2017, after successfully collaborating with Kylie Cosmetics on a set of lip kits. Like her half-sister, Kardashian West first launched online only, but later moved into Ulta stores in October 2019, helping her generate estimated revenues of $100 million last year. KKW Beauty is one of several business ventures for Kardashian West: She continues to appear on her family’s reality show, Keeping Up with the Kardashians, sells her own line of shapewear called Skims and promotes her mobile game, Kim Kardashian Hollywood. Her husband, Kanye West, recently announced a deal to sell a line of his Yeezy apparel in Gap stores.

“This is fun for me. Now I’m coming up with Kimojis and the app and all these other ideas,” Kardashian West told Forbesof her various business ventures in 2016. “I don’t see myself stopping.”

Madeline Berg, Forbes Staff, Hollywood & Entertainment

Continue Reading

Trending