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Recessions Offer Opportunity To Improve Your Processes and Innovate
There's been a lot of buzz about the economy, inflation, and an imminent recession impacting the U.S. While interest rates continue to climb in an effort to slow inflation, investors may feel drained by the stock market's volatility. Advisors warn businesses to plan for challenging times. However, recessions are historically short-lived, and many see the second half of 2023 carrying many opportunities for those ready to capitalize. In Wells Fargo's "Recession, Recovery and Rebound" report published in December 2022, analysts state the first half of 2023 will experience a recession with a continued global economic slowdown. However, the 170-year-old company sees the second half of 2023 ripe with opportunity as the U.S. pulls out of recession and markets begin to turn upward again. They further explain that not all industries are susceptible to the effects of the recession. Sectors such as energy, information technology, health care, insurance, communication services, and utilities are predicted to fare well.
Recessions are full of opportunity. No matter what industry you work in, a slowdown in the economy is an opportune time to invest in your brand, improve your processes, strengthen your business focus, and innovate to get a jump on competitors. Take a look at the history. Hewlett-Packard, Disney, Hyatt, MTV, CNN, Microsoft, Burger King, GE, and Adobe — these iconic companies were all founded during economic recessions.
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Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
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Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.