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Sixty years ago today, the U.S. federal prison on Alcatraz Island closed.

Photo by Rodrigo Soares at Unsplash.com.

Friday, March 24, is National Cheese Steak Day.

On the Lighter Side

It’s time for an updated guide to Philadelphia’s trending new restaurants.

If spring turns your thoughts to dining outdoors, here are some of Philadelphia’s nicest options.

Boxed brownie mixes, ranked.

Will your business weather an unexpected financial crisis?

Regulators took over Silicon Valley Bank in the largest bank failure in 15 years. Not long after, surprising exactly no one, the holding company filed for Chapter 11 protection. The ripple effect of SVB’s collapse affected businesses from wineries to Etsy.

Beyond the fallout in the banking industry, other business are facing uncertainty. A failed rocket launch in January has resulted in Virgin Orbit furloughing most employees and halting operations for the moment. Closer to home, after losing a long-running foreclosure action, Philadelphia’s Insectarium filed for Chapter 11 protection.

If your client, customer, or company is experiencing some distress in today’s marketplace, Asterion can help you respond.

FYI

Occupations of new Philadelphians, as reported by the Economy League of Greater Philadelphia.

The FBI has been buying your location data.

Trends We’re Watching

The U.S. Patent Office issued guidance suggesting use of AI may impact copyright claims.

What’s Puzzling Us

There will be people who like ranch dressing flavored ice cream.

Why did it take so long to find this error?

What Doesn’t Surprise Us At All

Although a couple was arrested and convicted, the 45 bottles of wine they were accused of stealing, worth $1.7 million, is still missing.

The story was always going to end here. A class action has been filed against DoNotPay, the robot lawyer.

Thread Recommendations

Worth a look: photographs from the 2022 World Nature Photography Contest, as well as the 2023 British Wildlife Photography award winners.

Here are photos from the Iditarod’s ceremonial start. The winner is the grandson of a co-founder of the race. Native Alaskans also came in second and third.

Watch List

Does the Dude abide? Jeff Bridges considers The Big Lebowski, 25 years later.

Spotlight on Distressed Business Services

Asterion, Inc. has extensive experience providing consulting services to businesses that are in financial distress.

March 21, 2023