Arachnophobes fearful of spiders jumping, creeping or falling into their beds now have something new to worry about. Some spiders might also glide in through the window. […]

The post Scientists study Skydiving spiders in South America appeared first on Smithsonian Insider.

What is the average blood pressure of a geriatric sloth bear? Asia Trail keeper Stacey Tabellario is hoping to learn exactly that, as she trains […]

The post Measuring Sloth Bear Blood Pressure appeared first on Smithsonian Insider.

The Smithsonian Deep Reef Observation Project (DROP) captures a new species of deep-reef fish, the Godzilla goby, using the Curasub submersible. The lead scientist on […]

The post Capturing a new species with a submersible appeared first on Smithsonian Insider.

Sponsored by the Smithsonian Asian Pacific American Center and created by filmmaker Frank Chi, this short film features letters that young Japanese Americans in World […]

The post Muslim American Kids Read Letters by WWII Japanese Americans appeared first on Smithsonian Insider.

“The Outwin 2016: American Portraiture Today” exhibition is on view at the Smithsonian’s National Portrait Gallery from March 12, 2016 – January 8, 2017. The Outwin […]

The post The Outwin 2016: American Portraiture Today appeared first on Smithsonian Insider.

Linn Meyers (American, b. Washington, D.C., 1968; lives and works in Washington, D.C.) created her largest work, “Our View From Here,” at the Smithsonian’s Hirshhorn […]

The post Linn Meyers “Our View From Here” Time-lapse appeared first on Smithsonian Insider.

Gwen Ifill sat down with Lonnie Bunch, the director of the Smithsonian Museum of African American History and Culture, which is due to open this […]

The post PBS Newshour interview with Lonnie Bunch, African American Museum director appeared first on Smithsonian Insider.

National Museum of African American History and Culture grand opening Sept. 24, 2016.

The post Grand Opening of the National Museum of African American History and Culture appeared first on Smithsonian Insider.

Meet Nick Pyenson, one of our paleontologists at the National Museum of Natural History. His job as a time traveler is to make discoveries about […]

The post Time Travel With Smithsonian Paleontologist: Nick Pyenson appeared first on Smithsonian Insider.

Meet Amy Homma, the Director of Digital Learning at Art Lab+. Learn how Smithsonian’s Hirshhorn Museum and Sculpture Garden has created a dynamic program to […]

The post An Active Environment With Smithsonian Educator: Amy Homma appeared first on Smithsonian Insider.

Click here to read more about the work of the Laser Interferometer Gravitational-Wave Observatory. The Smithsonian has been celebrating innovation in American culture for more than […]

The post Stephen Hawking Congratulates LIGO Team on its Smithsonian American Ingenuity Award appeared first on Smithsonian Insider.

What’s an Asian small-clawed otter’s favorite enrichment toy? Anything it can get its paws on! This species’ dexterous, partially-webbed digits are adept at feeling for […]

The post Otterly engaging: Zoo enrichment appeared first on Smithsonian Insider.

Known around the world for personal and culturally inspired choreography, Dana Tai Soon Burgess has been named the Smithsonian’s first choreographer-in-residence at the National Portrait […]

The post Meet Dana Tai Soon Burgess, Smithsonian Choreographer-in-residence appeared first on Smithsonian Insider.

The post President Trump press conference at National Museum of African American History and Culture appeared first on Smithsonian Insider.

One of the most important long-term projects to impact the video game industry is going on at the Smithsonian’s Lemelson Center for the Study of […]

The post Preserving the stories of Video Game Pioneers appeared first on Smithsonian Insider.

The post Reagan and Gorbachev’s Relationship Warmed Cold War Tensions appeared first on Smithsonian Insider.

The French-German border is littered with as many as 500 underground sites used during World War I. Researcher Jeff Gusky explores them and finds a […]

The post Quarry carvings by American WWI soldiers appeared first on Smithsonian Insider.

Explore a “day in the life” of the Smithsonian American Art Museum, the nation’s first collection of American art and home to one of the […]

The post A “day in the life” of the Smithsonian American Art Museum appeared first on Smithsonian Insider.

The Emeco Alfi Chair is on view as part of ‘Making | Breaking New Arrivals,’ at Cooper Hewitt, Smithsonian Design Museum May–October, 2017. To learn […]

The post Cooper Hewitt: Emeco Alfi Chair Production Process slideshow appeared first on Smithsonian Insider.

Smithsonian staff gathered on Thursday, June 1 outside the National Museum of African American History and Culture to show their support and listen to Director […]

The post Smithsonian staff rally to support African American History Museum after noose incident appeared first on Smithsonian Insider.

Scientists in the US are helping to preserve this near-threatened species native to South America.

The post Meet the Smithsonian’s new maned wolf pups appeared first on Smithsonian Insider.

The history of African American music in the United States is the history of music in the United States. From Prince’s iconic musical blends to […]

The post American regions and African American music appeared first on Smithsonian Insider.

Ashkii, a North American river otter, at the Smithsonian’s National Zoological Park

The post Ashkii, a North American river otter, at the National Zoo appeared first on Smithsonian Insider.

The Smithsonian Conservation Biology Institute’s newest female brown kiwi chick needs a name and you can help!

The post Help name the kiwi chick! appeared first on Smithsonian Insider.

A peek inside the gates at the Goodman Games late summer 2017. Held in the heart of Anacostia’s historic Barry Farm, the Goodman League hosts […]

The post Anacostia’s Goodman League games appeared first on Smithsonian Insider.

At the 2018 Smithsonian Folklife Festival, Armenian participants Mariam Hovhannisyan and Stepan Toroyan—who were recently married—recreated a traditional ceremony on the National Mall, with contributions […]

The post Armenian Wedding Ceremony appeared first on Smithsonian Insider.

In Armenia, the completion of a carpet and cutting it from its loom is a significant rite of passion for young female weavers.

The post Smithsonian Folklife Festival: Armenian carpet-cutting ceremony appeared first on Smithsonian Insider.

Curator Taína Caragol gives you a tour of a portrait of the late sculptor Luis Jiménez by Gaspar Enríquez at our National Portrait Gallery

The post Portraiture and the Mexican American Experience appeared first on Smithsonian Insider.

When you look at fast growing private companies in the U.S., you need look no further than a small city next to Los Angeles International Airport.

Steve Julian: Business analyst Mark Lacter, tell us about the company that's based in El Segundo.

Mark Lacter: It's called Fuhu, Steve - that might ring a bell with some parents because Fuhu is the maker of the Nabi.  The Nabi is an Android tablet for kids, and it's a very cool device that mimics a lot of the capabilities of regular tablet, including the ability to play games and get onto the Web (with controls that parents are able to set up).  Last year, they sold 1.2 million Nabis, and that helped push the El Segundo company to the very top of Inc. magazine's list of fastest-growing businesses.  That's number one on a list of 5,000 companies, with a three-year growth rate of 42,148 percent.  Or, to put it another way, company revenue was $279,000 in 2009; it was almost $118 million in 2012.  Now, by the standards of an Apple or a Samsung, those are still not huge numbers -

Julian: - and maybe that explains why there's been relatively little media coverage of this company.

Lacter: It might also explain why local tech companies in general get short shrift.  Many of them are quite successful, but they're often on the small side, and they're also privately held as opposed to publicly-traded on a stock exchange.  That's one big difference from Silicon Valley, which has so many huge public corporations: Apple, Intel, HP.  L.A. County has only six Fortune 500 companies, and not a single one devoted solely to technology.  In Silicon Valley, there are 22 in the Fortune 500.

Julian: And yet, the L.A. economy has more than held its own without those large corporations.

Lacter: Matter of fact, the accounting firm PriceWaterhouse studied more than two dozen cities around the world to determine where it was easiest to do business (that's based on factors like access to labor), and what they found - somewhat surprisingly - was that L.A. ranked ahead of both San Francisco and Tokyo.  And, you can see evidence of that with the increase in venture capital money coming into all parts of L.A.  Now, it's important to keep an eye on all these up-and-coming companies because these businesses are helping generate higher-wage jobs.  And, for an area with a still-high unemployment rate - still over 10 percent in some places -- that's a big deal.

Julian: Speaking of companies, does anyone want to buy the L.A. Times?

Lacter: The answer is yes - most recently, the controlling owner of the Dodgers, Mark Walter, said he was interested in both the Times and the Chicago Tribune (though there's no way to know whether there are actual discussions taking place).  You also have several local groups, including one that involves billionaire Eli Broad, that have been interested to one degree or another.  But what was thought would be a fairly straightforward auction process has turned enormously complicated.  It's now to the point where the Tribune board has decided spin off the papers into a separate business, and that process will take until next year to complete and could preclude any sales for quite some time after that.

Julian: So, it's Limbo-land for the Times for who knows how long.

Lacter: Steve, it's not that Tribune really wants to keep the newspapers.  But, selling them off presents huge tax implications.  Also, there are assets that the potential buyers thought would be part of the package - assets that include real estate - that Tribune wants to hold onto.  So, what's left to sell are just the newspapers themselves, and frankly, they're among the least valuable properties.

Julian: Now, last week came word that the billionaire Koch brothers, who were believed to be interested in the Tribune properties, decided not to pursue a deal...

Lacter: ...that's right, they don't consider the Times or the other dailies to be economically viable.  You might recall a bit of an outcry over the prospect of having the Kochs, who are staunch conservatives, becoming the owners of these papers.  So, they're out of the picture.  But for the L.A. Times, it's really the worst of all worlds: no new owner and no vision for recasting the paper, at least in the near term.

Mark Lacter writes for Los Angeles Magazine and pens the business blog at LA Observed.com.

This content is from Southern California Public Radio. View the original story at SCPR.org.

Now that we have a deal between Time Warner Cable and CBS, we can turn our Hollywood focus back on the movie industry.

Steve Julian: Business analyst Mark Lacter, would you agree it's been an up and down summer at the box office?

Mark Lacter: It's been a flaky summer for Hollywood, Steve.  On the plus side, ticket revenue was up more than 10 percent, and attendance increased around six-and-a-half percent compared with last year (this covers the first week of May through Labor Day weekend).  The problem is that the studios and their investors spent huge amounts of money to make a lot of these movies, and they had to compete in a very crowded market - 23 big-budget films came out this summer, which is way higher than normal, and some of them never had a chance.

Julian: Some examples?

Lacter: Probably the biggest clunker was "The Lone Ranger," which could end up losing close to $200 million for Disney.  Another big disappointment was "White House Down," which was distributed by Sony and brought in only $140 million, which for a big-budget action film is really bad.  Even a film like "Pacific Rim," which did well at the box office, might still end up in the red because the production and marketing costs were so high.

Julian: And summer, of course, is the time when studios want to bring out these monster releases -

Lacter: - right, what they call "tent poles" - and in that category, the biggest winner was Disney's "Iron Man," which took in $1.2 billion.  Also having a great summer was "Monsters University" from Pixar, with $700 million.  You also had "Despicable Me 2" and "Fast and Furious 6," which might not be our cup of tea (speak for yourself, it takes me back to my police car days!), but did very well for Universal.  Eight of the top 12 films this summer were sequels - and yet, sequels were no guarantee of success (a number of them really struggled).  And, some non-blockbuster films found considerable success: "Now You See Me" from Lionsgate only cost $75 million to make.

Julian: So, in some ways, Hollywood was its usual unpredictable self.

Lacter: That's right - and don't expect any big changes in strategy when it comes to big-budget films.  The prospect of having huge success with one of these blockbusters is just too great, but perhaps more important is the fact that many of these films are financed by multiple groups of investors, and so the risk is spread around.  It's not like the old days when a studio bankrolled the whole thing.

Julian: Though, sounds like it's bad news for the city of Los Angeles: the "Man of Steel" sequel is going to be shot in Michigan?

Lacter: Mayor Garcetti has actually declared a state of emergency because the city keeps losing business to other states that offer big tax incentives to films - what's known as runaway production.  The truth is that business has been lost over the years, but L.A. is hardly in any danger of losing its spot as the center of entertainment.  And, you can see that with the L.A. County Board of Supervisors signing off on Disney's plan for a TV and movie production facility near Santa Clarita that will add more than a half-million square feet of studio space.

Julian: And, Universal's expanding, too.

Lacter: Earlier this year, Universal was given the approval to build more production facilities, and Paramount is planning an expansion, as well.  Now, these are all very ambitious projects - not the sort of investments that would be made if these studios were looking elsewhere to make movies and TV shows.  And, of course, they mean jobs - actually, employment levels in the entertainment industry have remained fairly steady going back the last decade.

Julian: Are there states that are pulling back their incentives?

Lacter: Yes, the state of North Carolina, which has been especially aggressive in using tax incentives to draw in movies and television going back to the 80s, is phasing out the giveaways because legislators have decided that the economic benefits aren't worth the tax revenues being lost.  And, other states with tax incentive programs are pulling back as well - they're finding that the payback is very difficult to measure.

Mark Lacter writes for Los Angeles Magazine and pens the business blog at LA Observed.com.

This content is from Southern California Public Radio. View the original story at SCPR.org.

The partial federal government shutdown is one week old, but economists are still saying that its impact in Southern California and elsewhere will be limited.

Susanne Whatley: Business analyst Mark Lacter, why is that?

Mark Lacter: If you look back on the history of these things, Susanne, you see that the disputes are resolved before too much damage gets done.  As for Southern California, I notice that KPCC's Alice Walton was asking around over the weekend about the shutdown, and most folks gave it a shrug.  The regional economy is just too diversified - and not especially tied to federal employment.  You have about 46,000 federal workers employed in L.A. County in one capacity or another - that's out of a workforce of nearly 5 million.  And, now it appears as if the federal employees who have been furloughed are going to receive their back wages whenever the shutdown finally ends.

Whatley: That still might make things dicey when it comes time to pay the monthly mortgage...

Lacter: ...but at least money will be available before most folks run into serious liquidity issues.  That's what the shutdown really comes down to - inconvenience rather than dislocation.  And, you see this with the various government services affected: the E-Verify website is down - that lets business owners know whether the people they're wanting to hire can work legally in the U.S., which obviously is important.  The Small Business Administration has stopped processing loan applications, and the Federal Housing Administration is reporting delays in its loan processing, which could mean a home buyer might not complete his or her paperwork all that quickly.

Whatley: But, what if this were to go on for months?

Lacter: Well, then it would create problems, but nobody really thinks that's going to happen.  The real issue, not just nationally and regionally - but globally - is the refusal by Congress to raise the debt ceiling.  The deadline is a week from Thursday, and - of course - there's been all sorts of debate about what this would mean for the economy.

Whatley: All right, so what would this mean for the economy?

Lacter: Well, no one knows exactly.  But, then again, no one knows exactly what would happen if you fell out of a airplane without a parachute.  I just wouldn't want to test it out.  And, of course, let's keep in mind that these are manufactured crises - not reflective of anything that's going on with the real economy.  It's certainly not reflective of anything that's going on in L.A., which saw a big jump in payroll jobs for 2012 - actually it was the sharpest increase since 2005, and nearly double the national rate (that's despite an unemployment rate that remains very high in certain parts of Los Angeles).

Whatley: What about some of the big locally based companies?

Lacter: Well, if your company is publicly traded, there's a good chance your shares took a dip these past few days.  Going back to September 18, the Dow has lost almost 700 points, which - percentage-wise - is not very much, but it is reflective of how uneasy Wall Street has become.  Public companies based in the L.A. area are taking it on the chin - Disney, Amgen, Mattel, DirecTV - their stock prices are all down going back to the middle of September.

Whatley: Even so, hasn't this been a good year for the stock market?

Lacter: It has - those local companies are up anywhere from 13 percent 30 percent year to date, and the Dow is up 14 percent year to date.  Of course, the stock price of a company doesn't always match the amount of money it makes, and this year, even before worries about the debt ceiling, the numbers haven't been as good as they should be at this stage of a recovery.  And, that's why there's particular concern about next week.  You do have to wonder whether a default could have ripple effects involving trade, consumer spending, the dollar - who knows what?  Now, it's still a pretty good bet that saner heads will prevail, although there are no guarantees - and again, if worse came to worse, do you really want to be jumping out of that plane?  Guess we'll find out.

Mark Lacter writes for Los Angeles Magazine and pens the business blog at LA Observed.com.

This content is from Southern California Public Radio. View the original story at SCPR.org.

Power App is a Google Chrome extension that has a description of "This extension configures your Default Search to Power App (searchpowerapp.com)".

This article was published first at Remove the Power App Chrome Extension

Flash App+ is a Google Chrome extension that has a description of "This extension configures your Default Search to Flash App+ (searchpowerapp.com)".

This article was published first at Remove the Flash App+ Chrome Extension