ECONOMICS

The topic of China's ownership of US farmlands is starting to boil over.

Six months after we reported that a "Bipartisan Bill Aims To Block Chinese Purchase Of US Farmland", more are starting to pay attention yet as even Bloomberg notes that America "is seeing more and more of its most fertile land snapped up by China and other foreign buyers" the big problem remains: it’s difficult to know just how much farmland China has bought due to problem with how the US (more…)

Sports Illustrated rights holder Arena Group has had its license to publish the magazine revoked by Authentic Brands Group after inability to make $3.75 million quarterly payment at the end of 2023.  In other words, the publisher likely isn't bringing in enough profit to maintain the brand.  Under contract, Arena Group is required to pay another $45 million to ABG because of the loss of the license.  As a result, Sports Illustrated has been forced to layoff their entire staff while (more…)