In December of 2014, beloved actor Bill Murray found himself in a crowded bar called the Three Muses on Frenchmen Street in New Orleans, LA. The house band, led by trombonist Glen David Andrews, decided to treat Murray to a familiar tune, and busted out in a performance of “Ghostbusters” by Ray Parker, Jr., best known for its role as the movie’s theme song.While the story made the rounds at the time, it wasn’t until Andrews posted the video last night were we able to see how it went down. Thanks to a YouTube user only known by Daniel, we can watch Murray’s reaction as a NOLA brass group surprises him with the theme music. You can also see Jon Favreau sitting near Murray, enjoying the festivities.“It was one of the most exciting moments of my career, to be sitting next to Bill Murray with him smiling and them playing ‘Ghostbusters’ to him from like 10 feet away,” Favreau said in an interview with Mashable. “Then he leaned over to me and he was like, ‘You know, Jon, you really need a theme song.’ He really got a kick out of it.” What fun![H/T NOLA.com]
The first-ever Phish Studies Conference will take place May 17–19 at Oregon State University. For much of the Phish community, scholarship is a foreign idea. The enigmatic world of academic conferences and peer-reviewed journals is something that only those in academia are privy to. But for those academics participating in the conference, the chance to blend their livelihoods with their passions is nothing short of a dream come true. For the rest of the Phish community, this is their chance to witness something monumental: the birth of a new academic discipline to validate the deep level of thinking in which this community regularly engages.It was only a matter of time before this happened. The Phish community grew out of east coast college students in the 80s and 90s who eventually had to pursue greater goals beyond Phish tour when the band began their series of hiatuses. This is an intelligent group of people who, for the most part, participate in complex and intellectually inspiring conversations about the band all the time. Fans use their college-born skills to dissect every nuance of the band and this community because, well, because Phish is our life, and who doesn’t want to delve into a conversation about the meaning of life?In fact, there is even a whole discipline dedicated to Fandom Studies. These scholars explain how fandom enhances our lives by allowing us to participate in meaningful discourse, similar to academic communities—which, essentially, are the only places that adults are able to consistently engage in the philosophical engagement that many crave. The fans participating in the conference, a group of the most non-traditional scholars you will ever meet, are men and women who have used the band and the community as case studies for their disciplines of choice in order to gain status as PhDs.This is no easy feat. Academics are stuffy by nature and have very particular views about what constitutes an acceptable area of study. Most do not see modern day jam bands as a good example of groundbreaking research. But why not? We all agree that Phish stands out as a leader in the jam band community, with the unique way they have brought together a neat little community of people who have dedicated a large chunk of their existence to participation in the rituals that are required to be a fan. Ask a fan his or her opinion on a show, a set, an individual jam, and you are likely to receive a dissertation-like response that can rival any peer-reviewed publication. There is no doubt in any Phish fan’s mind that documenting the actions of this band is essential to preserving this cultural anomaly, a band that changed the rules and continues to grow with new fans and new ways of communicating to and inspiring those fans to join the ranks of their dedicated base.In this respect, Phish allows us to hold up a mirror to a culture and reflect upon the ways in which we situate ourselves in the world. As you can imagine, Phish fans are hella-smart, and their papers reflect an engaging look into their various areas of study, which makes it a great way to digest interdisciplinary studies (see: academic buzzword). This is why, in November of 2018, a group of eight scholar-fans participated in a panel of presentations about their individual studies related to the band at the 104th National Communications Conference. Stuffy academics, beware! Scholar-fans are here to shake things up.The conference at OSU is the vision of Dr. Stephanie Jenkins, the philosophy professor behind the online course “Philosophy of the School of Phish”. In fact, this past summer, she brought a group of her students to The Gorge as the lab portion of the class and staged the first ever academic colloquium at a Phish show. Eight scholars presented their research for the students, along with a host of curious fans who braved the sweltering heat in order to debate the concept of the “wook” and the statistical formula used to predict the rating of a Phish show on Phish.net. It was a glorious afternoon, and a clear indication of how hungry Phish fans are for a deeper and more intellectual view into how they spend their free time. Remember the saying, “If you do what you love, you’ll never work a day in your life?” Well, welcome to early retirement.While the concept of an academic conference about a jam band may raise some questions, as in “whose tax dollars are supporting this?”, it is essential to contemplate the implications of such an innovative proposal. Besides the obvious ability to poke some holes in the academic bubble that is disconcerting for aspiring PhDs these days, there are other benefits to this formula. Firstly, this academic conference will host a panel of students who will have the opportunity to learn how to present at a conference. In addition, they will be connected with existing academics to mentor them in their aspirational studies. This concept aligns with our community as a place where like-minded people are welcome to participate in and be accepted by others who may have more expertise and are willing to share their knowledge. In other words, we must support a deeper level of intellectual engagement in a more public arena in order to expose the nuances of the theories that already guide our lives. An academic conference on Phish Studies, which can attract an audience of non-academics, can illuminate the need for more exposure to bigger ideas which inspire the enlightening conversation that we so desperately need today. There is no better community to support this endeavor than the Phish community.So what can you do? For starters, we can start this dialogue, make it an ongoing, productive conversation that will inspire action where we need it most—the places that Phish fans converge in their views of the world. The financial and emotional support of this community can do wonders for the field of academia that is currently in a precarious place, and the Phish Studies Conference is an excellent place to start.Currently, there is a small price tag for students to attend the conference (academics can generally get some support from their universities). There are also opportunities to sponsor a student’s academic endeavors. Non-phans are also encouraged to come and check out the thought-provoking insights on the fan base with which we’re so familiar. We can do our due diligence to document this amazing world we are privy to, in order to ensure future generations can learn from it. We know that it’s not just about the music. Why not prove it to everyone else?Registration for the Phish Studies Conference at Oregon State University on May 17–19 is now open. For a tentative list of presentations at the conference, click here. You can also click here to learn more about how to make a donation or sponsor a student, or head here for more information.
Minor league baseball franchise the Brooklyn Cyclones have announced their annual Grateful Dead night, scheduled to take place at the team’s game against the Aberdeen IronBirds on Saturday, July 6th at Brooklyn’s MCU Park. The stadium is just a stone’s throw away from the Coney Island boardwalk and has a history of its own within the music world, having hosted performances by Furthur featuring Phil Lesh and Bob Weir, in addition to shows by Phish, Daft Punk, and others.For the Cyclones’ upcoming Grateful Dead-themed game night, in addition to a ticket to the ballgame, Deadheads will receive tie-dye caps and be entered for a special giveaway package. A special “BasebALL You Can Drink” package will be also available for purchase, which includes unlimited beer, wine, liquor, and soft drinks during designated hours.The Cyclones join fellow baseball teams the Chicago Cubs and St. Louis Cardinals, as well as the Detroit Red Wings and Florida Panthers, and more in celebrating the Grateful Dead and their music this year at sporting events.Tickets for the Brooklyn Cycles Grateful Dead night go on sale Wednesday, April 10th.Head here for more information.
The “who’s who” of architecture convened in Venice late last month for a series of exhibits, lectures, events, and discussions to help kick off the Venice Biennale, a three-month contemporary architecture festival. Several Harvard faculty members made the trip, including Harvard Graduate School of Design (GSD) Dean Mohsen Mostafavi, who played a prominent role at the session.“The Venice Biennale provides an important opportunity for the architecture and design community to share and debate innovative ideas from across the world,” said Mostafavi. “As leaders in practice as well as teaching, an impressive number of GSD faculty were involved in the extraordinary installations, projects, and discussions that addressed the exhibition theme of ‘Common Ground.’ ”At the three-day opening of the world’s largest international architecture exhibition, Mostafavi helped to host the official reception for the United States Pavilion at the Peggy Guggenheim Collection in collaboration with the Graham Foundation for Advanced Studies in the Fine Arts, a leading supporter of architecture and its role in the arts, culture, and society. The theme for the pavilion, which is open through Nov. 25, is “Spontaneous Interventions: Design Actions for the Common Good.” It is based on a nascent movement by architects, designers, urban planners, and others who take the initiative to solve problematic urban concerns.During the reception, Mostafavi unveiled one of the GSD’s newest publications, “Instigations: Engaging Architecture, Landscape, and the City,” a work developed by GSD and Lars Müller Publishers. An exhibit last year at the School in honor of its 75th anniversary inspired the new book, which examines the GSD’s rich history, as well as its current and future lines of teaching and research.An exhibit last year at the School in honor of its 75th anniversary inspired the new book, which examines the GSD’s rich history, as well as its current and future lines of teaching and research.“This work will be read as something of a pedagogical manifesto and an authoritative history of the School, at least until the 100th anniversary in 25 years,” said Peter Christensen, M.Des.S. ’09, A.M. ’11, a Ph.D. candidate who worked on the exhibit and co-edited the book with Mostafavi.The chance to unveil the work at “the most important venue for the pure exploration of contemporary architectural ideas,” Christensen said, helped to reaffirm the School’s global scope and its reputation as a place devoted to the creation, testing, and execution of ideas.“It’s something, I think, the book attests to.”“This volume’s presentation of the School’s current preoccupations and future directions, as well as its storied past, resonated with the exhibition’s call for an expanded role for architecture in civil society,” said Mostafavi.As part of his official duties, Mostafavi curated an exhibition at the Venice Pavilion sponsored by Louis Vuitton and titled “Nicholas Hawksmoor: Methodical Imaginings,” for which he commissioned works by architectural photographer Hélène Binet. The show helped to document Hawksmoor’s contributions to British and European architectural culture in the early part of the 18th century. Mostafavi also participated in the panel discussion “Spontaneous Urbanisms” that explored the “state of the city and some of the motivating factors for the wave of citizen-led actions to improve the public realm.”Dan D’Oca, a lecturer in urban planning and design at GDS, was in Venice with his firm, Interboro Partners, a New York-based office of architects, urban designers, and planners that was commissioned to create an installation for the courtyard in the American Pavilion.“We wanted to make a space that was comfortable for people touring the exhibition who wanted to rest and hang out, but also a space that worked for different kinds of events,” like workshops, lectures, and panel discussions, said D’Oca.” Their finished design was a functional and recyclable “outdoor living room.”Red foam cubes were part of an installation for the courtyard in the American Pavilion at the Venice Biennale.D’Oca and his team borrowed the foundations of the temporary raised walkways that are erected during Venice’s high-water season to create the base of an elevated stage in the pavilion courtyard. They covered the stage with wooden planks and filled it with red foam cubes. Once the exhibition is over, the group will donate the planks to the city. The cubes will become part of Venice schoolyards and playgrounds.D’Oca called the biennale “a great collection of like-minded people” who “feel very passionately that architecture can play an important role in making cities more just, and more vibrant.”
When Saint Mary’s senior Marta Antonetti learned the Notre Dame and Saint Mary’s student governments jointly moved to cancel the South Bend Transpo Midnight Express route, she created and distributed a Google Forms petition for students to sign if they were “angered by the decision.”Since then, about 40 students have signed the petition asking the Saint Mary’s administration to either reinstate the program or provide a new Saturday service as soon as possible, Antonetti said.“Recently the collective Student Administration of ND/SMC (of course [Holy Cross] was excluded from the conversation, we wouldn’t actually want to create [an] environment where we interact with one another) decided to cease the Midnight Express/Saturday service,” Antonetti said in the Google Form. “This decision harms ROTC students, band students, lower-income students, students with disabilities, student athletes, members of ND clubs, student workers and the ND/SMC/HCC community. As far as we know, this decision was made without consulting the student body … BAVO or GreenDot or anyone who might have a legitimate reason to keep the bus going.”Since starting the petition, Antonetti met with vice president for student affairs Karen Johnson to discuss the decision-making process that resulted in the cancellation and discuss potential solutions for the future. She said she feels frustrated that the administrations have yet to effectively replace the Midnight Express.“It’s been two months and there’s been no real solution,” Antonetti said. “A solution has to be put forward, an actual one that makes sense.”This summer, the student governments of Saint Mary’s and Notre Dame decided to cancel the South Bend Transpo Midnight Express route after Transpo announced a 50% price hike in operating costs. Due to this cancellation and other scheduling changes, the final South Bend Transpo bus leaving the Grotto towards Saint Mary’s Regina Hall stop will leave at 9:13 p.m. Fridays, and no Saturday services will be provided at all.In a campus-wide email Aug. 27, Johnson said Blinkie, the Saint Mary’s escort van service, will serve as alternative transportation.“[Blinkie] WILL continue to run from dark to 2 a.m. Sunday-Thursday and from dark to 4 a.m. on Friday and Saturday,” Johnson said in the email. “Blinkie tries to get to Notre Dame at least once per hour to pick up students at the Grotto. Additionally, Blinkie will start service at noon on Saturday and Sunday starting Monday, October 28, 2019 through Monday, March 23, 2020.”Compared to the regular Midnight Express route, Blinkie is not always a reliable resource, as it doesn’t always maintain a strict schedule and can sometimes fill up quickly, Saint Mary’s sophomore Lisie Fahrenbach said.“Sometimes it’s just really hard to track down Blinkie and figure out when it’s going to come, and then it’ll pass you like five times and you can’t get in it yet,” Fahrenbach said. “I think that could end up being an issue for a lot of people, especially safety-wise, because it’s not going to stop people from going places. It’s just going to make it potentially dangerous for people to go places … when it’s dark out, instead of them having a safe option to get back and forth to areas around Notre Dame.”Blinkie does not serve the same purpose the Transpo Midnight Express and separate routes filled, sophomore Shannon Valley said.“The problem with trying to rely on Blinkie is that getting you over to other places is not its priority,” Valley said. “[Blinkie’s] priority is getting people from the parking lot to their dorms.”While some Saint Mary’s students might resort to using Uber, Lyft or other ride-sharing apps, Valley said others relied on the free bus services.“Girls can’t afford to Uber anytime they want to go somewhere,” Valley said. “This is going to be a really hard thing for them. … If they depend on the buses for things, they’re not going to be able to go anywhere.”Junior Bridget Puetz said she does not think the cancellation will largely affect upperclassmen, but she expressed concerns for first-year students still trying to maneuver making their way across the street to Notre Dame.“I think it’s sad for our underclassmen,” Puetz said. “They’re still trying to figure out their friends, so if [they needed to go home alone], at least they had the bus. If I were a freshman and they took [the Midnight Express] away, I think that I would be really, really affected. I mean, I took it a lot freshman year. It was a really good backup just to know that it was there and to know that it was reliable.”Junior Hunter Kehoe said she also feared for the safety of students walking down Saint Mary’s Road, specifically first-years who are unfamiliar with campus.“I don’t think the administration realizes that girls are going over to Notre Dame very late at night and a lot of them are coming back intoxicated, may it be legal or not,” Kehoe said. “And it is just beyond me that they’re going to allow girls that just got here [and] don’t know their way around … to walk down a road that has one emergency service call on it [and] very, very dim lights.”Leaving students to walk across State Route 933 at night poses a grave danger, Kehoe said.“It scares my mom, because she’s like, ‘I don’t think they’re going to do anything about it until something horrible happens and they’re finally going to wake up about it,’” Kehoe said. “You come here and you expect to have like guardians, because your parents aren’t here. It’s so sad that I have to sit here and say that it’s going to take a horrible accident for [the administrations] to realize that this is the worst decision they could have made.”Kehoe said she thinks relying on ride-sharing apps provides more uncertainty for those seeking a way back to campus and hopes Saint Mary’s Campus Safety will fill the hole left by the cancelled Friday and Saturday services.“Karen Johnson said that the other alternative means of transportation was that girls would have to find Uber rides home,” Kehoe said. “All across the country, there have been reported accidents of young women in Ubers being kidnapped, being killed, getting in the wrong cars that aren’t their Ubers. If you’re going to cancel [the bus services], then every single time I call Security, they better come pick me up … whatever the case is.”Johnson did not immediately respond when asked for comment.Senior Olivia Allen, Saint Mary’s student government association vice president, said Notre Dame, Saint Mary’s and Holy Cross student government executives met Friday to discuss future plans going forward in the wake of the cancellation.“During our meeting on Friday, we discussed different transportation options for the tri-campus community, looking into what other colleges have done and what each SGA can make work financially,” Allen said in an email. “We will be releasing a statement as a tri-campus SGA, so at this time I don’t have a definitive answer as to what the future will hold. We are putting a lot of work into finding a solution and to keep the students safe, but this requires an extensive amount of meetings with SGA advisors across the three schools as well as higher college administration.”Allen said she wanted to remind frustrated students the Midnight Express route was initiated and funded by Notre Dame student government, and Saint Mary’s only became involved in its cancellation late in the decision-making process.“For now, I think it is important to note that Saint Mary’s SGA never paid for the Midnight Express, it has always been a Notre Dame-funded program, as we were only consulted on the matter a few days before the decision was made,” she said.Students in need of a ride between the Notre Dame and Saint Mary’s campuses are highly encouraged to use Blinkie and call Campus Safety, Allen said.“The Saint Mary’s security department really cares about the well-being of the students and is doing their best to help us without the Midnight Express in place,” she said.
Following an agreement reached Thursday with Credit Suisse for $29 million, the NCUA’s legal recoveries in securities cases will total $2.5 billion.The legal recoveries will be used, in part, to pay claims made against the Temporary Corporate Credit Union Stabilization Fund, in turn reducing the likelihood that assessments will be charged to federally insured credit unions to pay for losses caused by corporate credit union failures, according to the NCUA. continue reading » 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Adapted from Philip K. Dick’s novel of the same name, Amazon’s original series The Man in the High Castle has essentially become known as “that Nazi America show.” Set in an alternate 1960s, the Allies have lost World War II so the East Coast has become part of the Greater Nazi Reich while the Japanese have gained control of what they call the Japanese Pacific States of America. What struck me most was how casual the immersion into Axis America could be.With a different victor, come the spoils. Swastikas have replaced the stars on Old Glory and now they gleam from Time Square’s billboards. Hitler’s face is on our dollar bills. Elementary artworks depicting Nazi honor and duty decorate school hallways. There’s even a Nazi Veterans Day when patriotic families can gather around their televisions and watch Hitler address the nation with that vigorous passion of his.Yet nothing about the strangeness feels abnormal. In fact, a lot feels familiar. An awkward teenage boy asks a girl out to tea. Factory workers run business as usual. In East Hampton, which looks exactly like the one we know, neighbors wave to each other from their freshly mowed front lawns. Families with giggling children barbecue in their backyards or pitch a baseball back and forth.Sure, there’s a coat of Nazi Germany or Imperial Japan over this painting, but how different is this place from the America we know today? The characters of this world don’t even think twice about it, in the same way most of us barely glance at an American flag unless it’s Memorial Day. There’s no dramatic pause in the story to emphasize society’s flaws. Axis America simply exists.Not that (hopefully) anyone agrees with Nazi ideology, but The Man in the High Castle humanizes a society that has been actively dehumanized for so long in our minds. This series creates an impressive sense of eerie realism. Everyone, even the most insignificant characters, lead believable, normal and oddly relatable lives.This mundane quality gives more context to Amazon’s recent controversial promotional campaign: extravagant ads with Nazi and Imperial Japan signs decorating NYC subway cars. As a sort of transmedia project, the ads were designed to immerse us in this alternate nation. The experience has turned out to be too immersive, as subway-riding Americans, as well as the Anti-Defamation League, condemned the promotional ads for displaying the insignias without any critical distance. Amazon still got what they wanted out of it, though. Negative press attention is still attention, right?While everything seems quite normal in Axis America on one level, by the time the final episode’s credits have rolled, the layers of perfection have started to peel away, exposing the dark underbelly of this sick society.In one scene, a police officer observes a sudden showering of gray flakes from the sky.“Oh, that’s the hospital,” he says. “Yeah, Tuesdays. They burn cripples, the mentally ill. Drag on the state.”Oh, right…Nazis.Not everyone accepts this Reich life, of course.The series’ main characters are Resistance soldier Juliana Crain (Alexa Davalos) and her companion Joe Blake (Luke Kleintank), but the story follows an ensemble cast. Juliana’s Jewish boyfriend, an S.S. Obergruppenführer, and the Japanese Trade Minister shine a light on political pressures – a sort of cold war – between the two Axis governments as well as the tensions affecting their own citizens. Some of these storylines are more interesting than others, and not all of the characters are equally engaging.Even so, you realize that some characters serve contentious ideologies, you know what they represent, but like meth-dealing Walter White from Breaking Bad, you feel for them. It’s yet another strange immersion. Ultimately, like any smash hit, TMITHC evolves into a story about the people and their humanity, a quality historically antonymous with the Axis Powers.The frosting on top of this Nazi-themed cake: the ending. Granted, if you read the book, you know how it “ends,” but it’s definitely not a common or predictable conclusion, and Amazon has stayed true to the source material.If nothing else, The Man in the High Castle is much more than “that Nazi America show” and certainly worth checking out on Amazon Prime.(photo credit: Amazon)
Yesterday, the 7th White Grape Award Ceremony was held at the Esplanade Zagreb Hotel, awards to wineries that successfully develop wine tourism and to individuals whose activities contribute to the development and promotion of wine culture. The award was established in 2012 by the table culture association GET, which promotes eno-gastronomy and the development of eno-gastro tourism. Today, the White Cluster covers the countries of the region, and at the GET conference on eno-gastro tourism, the Regional Trophy Award is given according to the votes of audiences from across the region. Silvija Munda and Tomislav Stiplošek, who founded the GET association and the accompanying Center for the Development of Wine Tourism, have been following the eno-gastro scene of the region in the media for more than ten years. and the print edition. ”Selling on your own doorstep has become a priority for winemakers, wine cellars have become an integral part of the tourist offer and a major factor in tourism in general. Therefore, the mission of this project is to highlight those who work hardest, praise their work and success, give them an incentive to continue, and give everyone else an incentive for extra effort and development of the quality of the overall offer. This applies not only to wineries, but to all those whose activities in any way affect the development and promotion of eno-gastro tourism and table culture.. ”, Explained Tomislav Stiplošek, president of the association.Photo: Marko ColicIn their opinion and experience, more than 500 eno-gastro connoisseurs and travelers, as well as about 1200 other people, voted for the best wineries in terms of tourism this year as well. Within Croatia, the results are divided into 5 regions: Hilly Croatia, Northern and Central Dalmatia, Southern Dalmatia, Istria and Kvarner, and Slavonia and the Danube region. Diplomas were also awarded to wineries from Bosnia and Herzegovina, Serbia, Montenegro and Macedonia. Diplomas for Slovenia were awarded in October at the VinDel Salon in Maribor, and the best Slovenian winery in terms of tourism for 2018 is the Doppler winery.The winners of diplomas and awards are:Bregovita Croatia1) Winery Vuglec breg, Škarićevo – Krapina 2) Kolarić Winery, Hrastje Plešivičko3) Trdenić Winery, PopovačaSouth Dalmatia1) Korta Katarina Winery, Orebic, Peljesac2) Bire Winery, Lumbarda, island of Korcula3) Rizman Winery, Klek (Komarna vineyards)North and Central Dalmatia1) Bibich Winery, Plastovo & Stina Winery, Bol, island of Brac (share first place with identical points)2) PZ MasVin – olive and wine, Polača3) Winery Kraljevski vinogradi, PetrčaneIstria and Kvarner1) Meneghetti Station, Bale2) Damjanic Winery, Fuskulin 3) Kozlović Winery, Momjan Slavonia and Podunavlje1) Belje Winery, Kneževi Vinogradi 2) Ilok Cellars Winery, Ilok 3) Antunović Winery, DaljBest in Croatia in Wine Tourism:1) Meneghetti Winery, Bale2) Winery Vuglec breg, Škarićevo – Krapina 3) Korta Katarina Winery, OrebicIn addition to the diploma, Stancija Meneghetti also received a valuable crystal vase from the Rogaška Glassworks. Best in Bosnia and Herzegovina in Wine Tourism: Winery Vukoje from Trebinje & Winery Nuić from Ljubuški (winery share first place with identical points)Best in Serbia in Wine Tourism: Zvonko Bogdan Winery from PalićBest in Montenegro in wine tourism: Plantaže Winery from PodgoricaThe best in Macedonia in wine tourism: Chateau Kamnik Winery from SkopjeParticular recognition for extraordinary contributions under development wine cultures: Bornstein Wine Shop and Wine BarParticular recognition for the outstanding contribution to the promotion Wine Tourism: Exotic Wine TravelSpecial recognition for a lifetime, for his exceptional contribution to the promotion of eno-gastronomy this year was posthumously awarded to Darko Baretić, and the award, on behalf of his family, was taken over by his great friend Željko Bročilović CarlosRecognition Good Start for 2018. year received winery Galić from Kutjevo.
Weathering the crisisUber has said it has ample cash on hand to ride out the coronavirus pandemic, which has forced billions of people to remain at home.”Our ample liquidity provides us with substantial flexibility to navigate the current crisis, but we are being proactive and taking actions to emerge stronger and more focused as a company,” said chief financial officer Nelson Chai.Uber has taken steps including the layoff of some 14 percent of its workforce.It said earlier Thursday it was leading a $170 million investment in Lime as part of a plan to merge its Jump electric bike and scooter operations into the rival service.The tie-up will free Uber to concentrate on its core rideshare and delivery services while Lime — which operates in some two dozen countries — will manage scooters and bikes including the Uber Jump fleet.Uber and other “sharing economy” services are expected to feel a massive impact from the coronavirus outbreak which has dampened economic activity and made travelers more cautious.Rival rideshare platform Lyft this week reported a loss of $398 million, narrower than a year ago, as revenues increased to $956 million.The two firms listed shares last year with an eye toward long-term profitability, goals which have become more elusive in the current environment.”On the other side of this dark valley, the Uber business model will likely look a lot different for the next few years [at least] and the company must rationalize costs and a smaller operation to focus on attaining profitability in this ‘new normal’ backdrop,” said Daniel Ives of Wedbush Securities in a research note.”On the ride sharing front, Uber and Lyft face Herculean-like challenges looking ahead as the new reality will likely change the business models of these companies [and competitors] for the foreseeable future.” Gross bookings were up eight percent from a year ago to $15.7 billion, with revenues to the company rising 14 percent to $3.5 billion. Uber chief executive Dara Khosrowshahi said the data from April suggests a massive impact from the COVID-19 outbreak but also some indications of a rebound in some markets.”I won’t sugarcoat it — COVID-19 has had a dramatic impact on Rides with business down globally around 80 percent in April… but there’s some green shoots driving restrained optimism,” he told analysts.Khosrowshahi said Uber was seeing a “fourth consecutive week of growth” with bookings up 12 percent last week.The net loss in the quarter was nearly triple the level of a year earlier and included some $2.1 billion in write-downs of the value of some of its assets — which companies are required to count as losses under accounting rules. Topics : Uber said Thursday its losses widened to $2.9 billion in the first quarter as the ridesharing giant felt the impact of the global pandemic lockdowns while pointing to signs of a tentative recovery.The San Francisco-based company said ride bookings were up eight percent over the first three months of the year despite the lockdowns that began in the final weeks of the quarter.It saw 53 percent revenue growth in its Eats restaurant take-away delivery service, as more people ate in to avoid the coronavirus.
Advertisement Metro Sport ReporterSaturday 7 Dec 2019 8:56 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link6.1kShares Advertisement Arteta has been Guardiola’s assistant since 2016 (Picture: Getty)It’s convinced the Gunners’ board that they need to find a manager sooner rather than later and they cannot allow the Swede to take charge for the rest of the season.AdvertisementAdvertisementArteta has spent the last three years serving as Pep Guardiola’s assistant and he is in line to take over from the former Barcelona boss when he steps down at the Etihad.That opportunity could come in the next 18 months but Arteta is keen to take his first steps into management and the Daily Mail claim he wants the Arsenal job.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalIt’s claimed there’s considerable support on the Arsenal board for Arteta but the club are yet to whittle down their options to a shortlist.It remains to be seen whether Arsenal will offer the job to Arteta or risk waiting until the end of the season before making a permanent appointment.The Gunners travel to London rivals West Ham on Monday night as they search for their first win in the league since October 6th.MORE: Brendan Rodgers sends message to James Maddison over Manchester United move Mikel Arteta would take the Arsenal job (Picture: Getty)Mikel Arteta would accept an offer to manage Arsenal as he views the opportunity as ‘too good’ to reject.The Spaniard is now one of the frontrunners to replace Unai Emery following Brendan Rodgers’ decision to sign a new long-term deal at Leicester, while Massimiliano Allegri has vowed to wait until next summer before choosing his next club.Arteta was in the running to replace Arsene Wenger in 2018 but the Gunners opted for the experience of Emery.However, the Spaniard was sacked after a winless run of seven matches and interim boss Freddie Ljunberg has just one point from his first two matches at the club.ADVERTISEMENT Comment Mikel Arteta thinks Arsenal job is ‘too good an opportunity’ to turn down