DraftKings buys Golden Nugget Online Gaming
On August 9, 2021, DraftKings Inc. announced it would acquire Golden Nugget Online Gaming, Inc. (GNOG) in an all-stock transaction valued at roughly $1.56 billion. The deal closed May 5,...
Markets
Global GDP shifts by 2030; Microsoft stock lifts Nadella net worth; Caribbean climate plan; DraftKings buys Golden Nugget.
US–China Trade War: Tariffs, Phase One, and Ongoing Impact
In July 2018, the United States imposed its first round of tariffs on goods from the People's Republic under Section 301 of the Trade Act of 1974, citing what the...
Spear's 500: Wealth Shift for New Gen
In 2018, Spear's Magazine published its annual Spear's 500 index and report, an assessment of the wealth management, legal and advisory sectors for affluent individuals. The report identified four forces...
Eco-Anxiety and Climate Action: What the Evidence Shows
Eco-anxiety is a chronic fear of environmental doom. It is not a formal clinical diagnosis in the DSM-5 or ICD-11 as of early 2025, but the American Psychological Association has...
COP26 coal pledges face 2030-40 delays
On 1 October 2024 the United Kingdom became the first major economy to eliminate coal power entirely, closing the Ratcliffe-on-Soar station. That deadline, written into law years earlier, was met....
How Data Breaches Drove the Push for Digital Independence
Between 2017 and 2022, a series of data breaches and privacy scandals eroded public and institutional trust in centralized digital platforms. Each incident triggered a distinct response: a new regulation,...
How Companies Are Profiting from Climate Change
Climate change is creating new revenue streams for a growing number of businesses. These companies are not just managing risk. They are selling goods and services that depend on a...
Caribbean climate plan backed by Branson, Bolt
In September 2017, weeks after Hurricanes Irma and Maria tore through the Caribbean, Richard Branson and Usain Bolt stood together at the University of the West Indies in Mona, Jamaica....
The End of UK Coal Mining: From 1.2 Million Jobs to Zero
Deep coal mining in the United Kingdom ended on 18 December 2015, when Kellingley Colliery in North Yorkshire closed. Surface mining followed in August 2020 with the closure of the...
California's 100% Clean Energy Mandate: What SB 100 Means
California's SB 100, the 100 Percent Clean Energy Act signed on September 10, 2018, requires the state to source all of its electricity from zero-carbon resources by 2045. The law...
Microsoft stock lifts Nadella net worth to $100B+
Satya Nadella became a billionaire as Microsoft CEO not because of his salary, but because the company's market capitalization grew tenfold on his watch. As of early 2024, his net...
2008 crisis cut U.S. household net worth 40%
The 2008 crisis vaporized nearly $7 trillion in US household wealth, as estimated by the Federal Reserve. The median household lost roughly 39 percent of its net worth between 2007...
