The U.S. and other parts of the world are preparing for the August solar eclipse—on the 21st to be exact. This the first full one to be seen in 14 U.S. states and other global regions and continents in decades. In light of this, businesses are either cashing in or preparing themselves for a temporary downturn.
Total Eclipse describes the phenomenon as the passing of the moon in front of the sun in an angle that is visible to many of Earth’s dwellers. As this will happen in the day, the sun itself and its rays will be temporarily blocked by the moon to a significant degree. Nighttime will seem to have fallen or at least a rapid sunset. In this case, the eclipse will hold the moon in what seems to be a rotary position for 2 hours. It will be most seen in states like Oregon and North Carolina. Outside the U.S., people living in Africa, Europe, and parts of South America will be seeing the spectacle which has not happened since 1979.
While individuals are buying goggles, telescopes, and other equipment to make sure they get a good view, businesses are preparing to either reap additional revenue from other sources of revenue that may trickle in. Meanwhile, some of them are bracing themselves for at least a couple of hours’ economic setback.
WOWT names the small town of Beatrice in Nebraska as among the winners. With tourists as far as China calling to find out if they can get a favorable spot to watch the eclipse, the hotels and camping grounds are expecting full occupancy on August 21. WSMV reports that restaurants, diners, and cafes in Hopkinsville, Kentucky are considering a 24-hour full-service on the day of the eclipse, in anticipation of at least 50,000 tourists who said they would crowd the place just to get a good spot.
Meanwhile, the Albany Democrat Herald says that some businesses are considering shutting down that day and thus lose a good day’s revenue. These are the ones who will suffer a loss of customers because of the ensuing traffic gridlock: garbage and other disposal pickup services, recycling trucks, ambulances, and other forms of transport which carry commuters on regular days.
Gaming Startups: winning is about more than racking up a high score
It is news to no one that the gaming industry has exploded into the entertainment sector, and beyond it. Yet...
RheoDx is looking for one million euros to accelerate blood diagnostics
The Spanish startup has received $800,000 (€669,000) from the Center for the Development of Industrial Technology and will seek an...
Consumer Price Index in Spain confirms its positive path and rises 1.3% in March
In monthly rate (March over February), the CPI jumped 1%, its highest monthly rebound since October 2019, driven by the...
The Moroccan tourism sector might take a breath of fresh air
The Moroccan Ministry of Transport is willing to develop a contract-program for tourist transport, in order to respond to repeated...
Aedas Homes hires Goldman Sachs to launch green bond issue
The operation of Aedas Homes will be the third of this type that is carried out in the promoter sector...
Biotech7 days ago
Aortyx closes €1.6 million financing round to initiate clinical trials
Cannabis6 days ago
Canopy Growth bought out its competition to consolidate leadership
Crypto7 days ago
US crypto exchange Coinbase had a record quarter before IPO
Crowdfunding7 days ago
Third successful million-dollar campaign in three months for Walliance