Wall Street Journal (March 10)
“This is the winter that wasn’t in Minnesota and other states across America’s normally frozen northern tier. Record warm temperatures and low snowfall have forced the cancellation of everything from ice fishing tournaments to dog sled races to winter carnivals. Business has dried up for ski resorts, snowmobile makers and any other venture that relies on cold weather and white powder to make a living.”
Tags: Cancellation, Cold weather, Dog sled races, Frozen, Ice fishing, Minnesota, North, Record warm, Ski resorts, Snowfall, Snowmobile makers, Temperatures, Winter, Winter carnivals
The Guardian (April 12)
“Japan does not especially want to deliver the prestige of the first major global sporting event since the pandemic started to China.” Cancelling the Olympics would also place “billions of dollars at stake.” But “set against that are the lives that could be lost…. Undoubtedly, the cancellation of the Games would lead to disappointment and financial losses. However, these factors must be weighed against any risk that the Olympics could make the pandemic worse.”
Tags: Cancellation, China, Disappointment, Dollars, Global, Japan, Lives, Losses, Olympics, Pandemic, Prestige, Risk, Sporting event
The Economist (May 17)
The planned merger of Publicis and Omnicom would have created the world’s largest advertising firm. Last week it was called off. “Anyone connected with the two firms should probably count himself lucky that they uncoupled before rings were exchanged. (Indeed, shares in both firms edged up after the cancellation.) Corporate marriages often go wrong, but mergers of equals…account for a disproportionate share of the most notorious failures.”
Tags: Advertising, Cancellation, Equals, Failures, Lucky, Merger, Omnicom, Planned, Publicis, Shares, Uncoupled
