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.
Falling marketing costs, falling engagement: What’s the story in mobile gaming?
App store downloads have been phenomenal during COVID-19 lockdowns, jumping by over 26% year-on-year. Yet at the same time, user...
IOTA publishes further possible details on Coordicide
With IOTA 2.0 also known as Coordicide, IOTA wants to move away from the central coordinator and finally validate transactions...
The City Council partners with AEBA to convert Alicante into a biotech cluster
The Association of Biotechnological Companies shows its interest in concentrating biotechnological companies in the city and promoting public-private collaboration. The...
Why technology is important for the agricultural sector in Tunisia
Even though agritech is in its infancy in Tunisia, the sector seems to have great potential, especially for business angels...
Could the stock market face another meltdown like the March one
Our “chart of the week” looks at the relationship between gold and the rise in the Fed’s balance sheet. This...
Business6 days ago
Gold prices on hold as misleading data teases economic recovery: what this means for Rockridge Resources Ltd.
Cannabis5 days ago
The Colombian bill to allow recreational cannabis use has been saved by one vote
Featured6 days ago
The Siemens Manifesto reveals the new power of climate activists
Featured6 days ago
Cotton demand is still at low levels