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News Roundup
This is a roundup of news and other interesting pieces that I’ve come across over the last few days. Read about a possible new Amex business card, National Guard hits the beach to protects tourists in Mexico, Miracle Mile Shops renovations, Four Seasons Private Residences in Dubai, man who claims to be the inventor of bitcoin just won a major U.S. court case.
American Express Sends Out Survey Regarding New Business Card
American Express could soon release a new business credit card. The card issuer has sent out a survey asking questions about a possible new business credit card. The card is pitched as a ‘digital first points’ card and integrates with American Express’ Kabbage suite of business solutions (kabbage checking, kabbage funding, kabbage insights and kabbage payments). Benefits and earning rates don’t sound very exciting.
Sand and Soldiers Mix as Troops Move In to Protect Cancun Tourists
Cancun and nearby beaches welcomed 1,500 National Guard troops on Dec. 1 after two deadly shootouts raised security concerns at Mexico’s most popular tourist destinations.
Drug-related violence has escalated in the area just as flights and hotel occupancy begin to recover from the pandemic, so the government stepped in to protect the nascent tourism revival. Heavily-armed troops in bulletproof vests stuck out like a sore thumb among the turquoise waves and fine powder sand, but tourists expressed hope that the show of force would slow the crime wave.
Miracle Mile Shops, Major Renovations Will Start Next Year
Miracle Mile Shops at Planet Hollywood Resort & Casino at the heart of the famed Las Vegas Strip will undergo an extensive interior and exterior transformation late next year. The 500,000-square-foot shopping center first opened its doors in 2000.
The renovations will include elevated finishes, upgraded technology and digital design elements. New entertainment features will include exterior and interior immersive light, sound, and video experiences. Miracle Mile Shops guests will also enjoy new and upgraded restaurant zones.
Four Seasons and Bright Start Announce Standalone Private Residences in Dubai
Four Seasons Hotels and Resorts, a global leader in luxury hospitality and branded residential, and Bright Start, a Dubai-based real estate investment and development company, announce a new standalone residential project in Dubai featuring 28 luxury homes and villas. Opening in 2022, Four Seasons Private Residences Dubai at Jumeirah, the latest in an exceptional collection of Four Seasons standalone residential projects, will offer residents unmatched quality and service excellence, while providing a luxury residential lifestyle managed by Four Seasons from end to end.
Miami jury rules in favor of Craig Wright, who claimed to invent bitcoin
This is an interesting case. A man who has claimed to be the inventor of bitcoin just won a major U.S. court case, saving him from paying a former business partner tens of billions of dollars in the cryptocurrency. Australian computer scientist Craig Wright implied in a 2016 blog post that he was Satoshi Nakamoto, the pseudonym used by the person or persons who developed bitcoin. Many in the crypto community are skeptical of Wright’s claim, in part because he has not moved any of the early bitcoin presumed to have been mined by Satoshi.
