business

Photo courtesy @Thomas1774Paine

(quote)

Disney's new Netflix rival will be called Disney+ and launch late 2019
Disney's new streaming service, Disney+, will be a home for its past titles and original series, including new content from the Marvel and Star Wars franchises.
The company will pull its content from Netflix in 2019.

(unquote)

Photo courtesy CNBC

(quote)

1,800 US newspapers have closed since 2004
Half of the 3,143 counties in the United States now have only one newspaper, usually a small weekly, and almost 200 counties in the country have no newspaper at all.
"The people with the least access to local news are often the most vulnerable -- the poorest, least educated and most isolated," the report said.
More than half of all newspapers have changed ownership in the past decade, and the largest 25 chains own a third of all newspapers.
"The consolidation in the industry places decisions about the future of individual papers, as well as the communities where they are located, into the hands of owners with no direct stake in the outcome."

(unquote)

Photo courtesy AFP Photo / NATALIE BEHRING

(quote)

The world's longest train route spans more than 8,000 miles, crosses through eight countries, and is long enough to stretch from Florida to Washington state 3 times.

The China-Europe Block Train begins in the city of Yiwu in China's east and crosses through Kazakhstan, Russia, Belarus, Poland, Germany, and France before reaching its destination 21 days later in the Spanish capital of Madrid.

Also called Yixinou, the route surpasses the world's second- and third-longest routes, the Trans-Siberian railway (5,772 miles) and the Moscow-to-Beijing (4,340 miles) train.

The Silk Railroad - Episode I: World's longest rail link, from Yiwu to Madrid
An international freight railway network is connecting China to cities across Europe, dubbed the new "Silk Railroad." Two thousand years ago, commodities from China would need a year to reach Europe, along the ancient Silk Road. But today, Chinese consumer goods can reach London by rail in just 14 days.

Yiwu railway station - a massive freight terminus, began transporting cargoes overland to Europe in 2014. It's part of the multi-billion-US-dollar Belt and Road Initiative to boost international trade.

The Yiwu-Madrid railway is the longest rail link in the world. It spreads across 13,000-kilometers through France, Germany, Poland, Belarus, Russia, and Kazakhstan. Along the way, the train transfers three times due to different track gauges in China, Europe, and Russia.

(unquote)

Image courtesy Skye Gould / Business Insider

(quote)
There is only one Blockbuster still surviving in the entire United States. Employees mourn the closure by leaving candles outside the store: Alaska’s last two Blockbuster video rental stores are closing this weekend -- leaving only one Blockbuster store open in the United States. 7/13/2018 Alaska’s last two Blockbuster stores — community gathering spots and nostalgic tourist attractions that got a big plug from HBO’s John Oliver — are shuttering. That leaves just one of the once ubiquitous video rental hub open in the entire U.S. The franchises in Anchorage and Fairbanks will close for rentals after Sunday night and reopen Tuesday for video liquidation sales through the end of August, said Kevin Daymude, general manager of Blockbuster Alaska.

7/18/2018 "Making the trek to this "last standing" Blockbuster Video Store is a must do!" (Yelp review)
Oh my how the blue and yellow Blockbuster Video Storefront has changed since 2004 when there were 9,000 Blockbuster outlets. By 2013, all corporate-owned stores closed and fast forward to July 18, 2018 -- this family-owned Bend, Oregon store has earned the distinction as the last Blockbuster in operation since the two remaining Alaska stores closed their doors this week.  read more »

(quote)
Bitcoin is 'rat poison,' "I like it when my country steps hard on idiot booms instead of fanning the flame," Berkshire's Munger: interview on "Countdown to the Closing Bell."
Buffett, chairman and CEO of Berkshire Hathaway, described digital currency as a nonproductive asset.

(unquote)

Image courtesy youbrandinc.com

(quote)

Silversea luxury cruise ship cut in half for massive 49-foot expansion
Silversea began the lengthening process of its Silver Spirit ship this month as part of a $100 million renovation.
The massive expansion will require 500 workers who will spend approximately 450,000 hours to complete.

(unquote)

Image courtesy @FoxNews and Wikimedia / Flickr / Tips For Travellers