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Business Industry

Small Business Statistics In 2022

Small Business Statistics In 2022

The owner is serving food to the customer © Mascot / Getty Images Photo of owner serving food to a customer

Small business owners make up the majority of businesses in the United States. From restaurants and grocery stores to farms, real estate agencies, and mechanics, local businesses with fewer than 100 employees are considered small businesses.

These small businesses are run by different people and no two businesses are the same. From the number of employees to the revenue per company, small businesses come in all shapes and sizes. Let's take a closer look at some small business facts.

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  • As of 2020, there are 31.7 million small businesses in the United States, which is 99.9% of all businesses in America. (US Small Business Administration)
  • More than half of small business owners are 55 or older. (US Census Bureau)
  • 9.1% of small business owners have experience. (result)
  • One of the most common reasons people start their own business is to become their own boss. 66 percent of Cox business respondents cited this as a reason for starting a small business. (Cox business)
  • last year 82% of small businesses; 50% survive the five-year stage; Only 35% survived ten years. (Bureau of Labor Statistics)

General Small Business Statistics

Whether a business is classified as a small business is largely determined by the revenue it generates and the number of employees. The Small Business Administration sets standards by industry. For example, a small lumber company may have fewer than 500 employees, but a soft drink manufacturer may have 1,250 employees. In terms of revenue, there is a wide range by industry, with the average small business earning between $1 million (or less) and $41.5 million.

Small businesses exist in every industry. Freelance writers such as retail salespeople, hairdressers, tax professionals, lawyers and private sector doctors can also qualify as small business owners.

There are 33.2 million small businesses in the United States, which make up 99.9 percent of all American businesses, according to the Small Business Administration. Even some of the big name chains you see may operate locally and qualify as small businesses. Guidant Financial surveyed 4,500 current and future business owners and found that 41 percent of those surveyed were franchise owners.

Small business industry

Small businesses exist in every industry, but some dominate. Below is a chart based on a Guide Financial survey showing the biggest players in the small business world

Source: Guidant Financial 2022 Small Business Trends Survey
Food and restaurants 12%
Sold in parts 11%
Business services 11%
Health, Beauty and Fitness 9%
Residential and Commercial Services 7%

Business Ownership Statistics

The business world is diverse, but some groups are more likely to start a business. Note that the statistics in this section apply to all US business owners, not just those classified as small businesses. However, remember that 99.9 percent of all American businesses are small businesses.

Business ownership by gender

Today, men own more small businesses than women. According to the Census Bureau's latest annual business survey, one in five US employers is owned by a woman. However, women's businesses grew by 0.6% year-on-year.

Business ownership by nation

Just as there are gender differences in the small business community, there are also ethnic differences. The U.S. Census shows that businesses are run not only by men, but primarily by white men. The table below shows the ownership of the different groups.

Source: Zippy Business Owner Demographics and Statistics in the United States
White 70.8%
Hispanics or Latin Americans 14.4%
Asia 6.2%
Black or African American 6.0%
unknown 2.1%
American Indians and Alaska Natives 0.5%

Business ownership by age

Small businesses are owned and operated by people of all ages. However, it is not surprising that older generations are more entrepreneurial than younger ones. Seniors have more time to build credit, making financing easier. They have more experience in the world of work and more time to save money to invest in their business.

Business Ownership at the Education Level

A college degree doesn't necessarily prepare you to run a business, but it does make the financial part easier. Also, going to college can build a network and support system that can provide the capital or connections needed to start a business.

As you can see in the table below, graduates make up the largest percentage of business owners (52%). But a bachelor's degree is not necessary in all fields, and associate's degrees are a big part of the business world.

Small business financial statistics

Small businesses have unique financial needs compared to large businesses. Average small business revenues are different, salaries are different, and borrowing needs are different.

Business income statistics

A small business's income depends largely on its industry and location. Of course, a restaurant in a big city like Los Angeles or New York will be more profitable than a restaurant in rural America. According to the 2019 US Census Statistics Survey of American Business (released in 2022), the median income for the self-employed in covered businesses was $55,858. Fortunately, most established companies (63%) say they are profitable.

Just as there is a wealth gap between men and women, there is also a large income gap. Biz2Credit Women-owned businesses have an average annual revenue of $475,707, while male-owned businesses have an average annual revenue of $675,643.

Small business financial statistics

While 78 percent of startups use only their own funds to launch their businesses, many small businesses need funding at some point. All told, there were $645 billion in outstanding small business loans in 2019. This number is so high in part because the average SBA loan is $417,316

While loans are an option for businesses that need large amounts of financing, business credit cards are another popular way businesses use them for expenses. Interest rates on credit cards are much higher than business loans, so they are not the best option for long-term financing. However, they are sometimes cheaper and offer bonuses and benefits that commercial loans do not.

Small business success statistics

Despite America's entrepreneurial wealth, the path of the small entrepreneur is not an easy one. Unfortunately, according to the Bureau of Labor Statistics, 18 percent of businesses fail within the first year, 50 percent after five years, and 65 percent fail within 10 percent.

The geographical location can also be the cause of this decline. Zippia found in 2010 that as of 2019, Washington, Michigan, and Kansas were the three states with the biggest declines in business. On the other hand, California, Louisiana and Massachusetts have the highest success rates.

Another factor in the success of a small business is the industry. Not surprisingly, the healthcare industry has the highest success rate, with 60 percent of small businesses remaining open after the fifth year. On the other hand, warehousing, transportation and construction jobs achieved success rates of 30 percent to 40 percent after five years.

So why do small businesses fail? A survey by CBinsights shows that the main reasons companies fail are lack of funding and lack of access to additional security. Obsolescence and obsolete products are two other reasons why some companies fail.

Source: Bureau of Labor Statistics
in the year 18%
after 5 years 50%
after 10 years 65%

finally

The statistics in this guide are both encouraging and terrifying for business owners. Starting your own business can feel like a big risk and a big reward, but you don't have to spend a lot of money and time before you know your business is profitable. Read our guide to starting your own business to learn how to formalize your idea and start living your passion.

FAQ section

    • What is a small project?
    • How do I start a small business?
    • What time is Small Business Saturday?
    • Why is small business important?

Companies that never fail. 6 Companies With Surprisingly Low Failure Rates [Info]

Categories
Finance

This Week In Finance News: 7 Stories You Need To See

This Week In Finance News: 7 Stories You Need To See

Brief report on the most important press releases for the financial sector. Breaking news of the week from PR Newswire

NEW YORK , Oct. 7, 2022 /PRNewswire/ — With thousands of press releases each week, it can be difficult to keep track of everything on PR Newswire. To help journalists covering the financial industry stay up-to-date with the most popular and popular press releases this week, here are this week's highlights.

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Click on the press release title below to read this week's top financial news and downloadable media.

  • Clorox released its FY22 Integrated Annual Report, which highlights progress on ESG development, transformation and strategic objectives.
  • Introducing Waves School, the world's first free crypto school
  • A survey found a correlation between the wage W-4 form and the highest salary
  • TD Bank expands into home furnishings, announces new financing partnership with luxury retailer RH
  • Flooding is hurting home buyers.
  • Abu Dhabi Police State Work: 208,000 employees in September; Annual wages increased by 7.8%.
  • According to a personal equity survey, Americans think home prices will rise more than fall
  • Read about the latest financial reports from PR Newswire and stay up to date with the most important press releases by following PRNfinance on Twitter.

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    Categories
    Entertainment

    Storm Reid Says There Are Still Not Enough Black Hairstylists In The Entertainment Industry: ‘We Have A Lot More Change To See’

    Storm Reid Says There Are Still Not Enough Black Hairstylists In The Entertainment Industry: 'We Have A Lot More Change To See'

    Actress Storm Reed is the unofficial face of New Hair, New Me.

    The Euphoria star got candid about her lack of hair and makeup combinations, and was also candid about the reality of dealing with her natural hair after a big haircut.

    The actress debuted her candid blonde moment at the Met Gala in September 2021, but told Yahoo Life the main clip was a long time coming.

    "I've wanted to get my hair cut for a long time, I was thinking about 15 or 16. I was joking about wanting to cut my hair and I had this idea 15 or 16 years ago, but at this that age, I thought, it would be more appropriate,” he said, acknowledging that it took several years to get ahead.

    "I always said, 'I wish I could have a role where I could shave my head and be true to character and also face my fears,'" he said.

    Fortunately, a fresh start brings renewed courage to the actress, who thinks going to school is the perfect opportunity to change course.

    "I was transitioning from my freshman year of college, I just got out of the house. So I felt like I had to let go of all the things I had brought with me over the years and [just ] start over and start all over again. I love it." But when the time finally seemed right, she was still nervous about a drastic change in her look: dyeing her hair light blonde, La Zoe Kravitz circa 2017, more a big cut.

    "I was scared. I didn't know if my head would fit under my hair. So not only was I nervous about cutting my hair, but I cut and bleached my hair the same day and you really didn't. Sometimes she "didn't want that," she said… Luckily, she had a well-stocked personal team to help her manage her new, labor-intensive style. maintenance.

    "Of course, I have great stylists who take care of my hair and make sure my hair stays healthy after cutting and bleaching," she says. "It was really scary but I'm glad I did it."

    But sadly, in the entertainment industry, it's rare to have a team that knows the details of black hair, Reed says.

    "Growing up on set was honestly a challenge," she says, explaining that she didn't have special access to barbers who could work with different hair textures until she worked with them. director Ava DuVernay for Allure in Time .

    "Miss Ava made sure I was taken care of, my hair was taken care of and I know there are women of color in this group who need the same time, attention and support. love than anyone else in a hair pendant. They get it because it's "easier to do your hair," she said. "Miss Ava made sure that this was there for us in the group."

    That moment changed his mind about talking about equal representation and equal resources on set, something he had previously resisted, he recalls.

    "Sometimes you're scared to say something or use your voice because you don't want to be seen or seen as a singer or 'loud'. But when I was in Miss Ava's band at 13, I I was able to leave that group and go to my other group with confidence," she said of being able to tell her team that having an experienced barber is very important.

    "From there, I started asking people who knew how to do my hair or black barbers who could work under the manager to make me feel comfortable and pull my hair out," Reed says.

    Reed is currently growing out her hair using Dark & ​​Lovely hair care products. In partnership with the brand, she is raising awareness of the "Building a Beautiful Future" initiative in partnership with the College Gurl Foundation, which will award $750 in book grants to 50 young students like her. Applicants have until October 10 to apply for the scholarship.

    "I also use the Dark & ​​Lovely range because it leaves my hair silky soft and smells great," Reed says of combing her hair while slipping through braids, her go-to for hairstyles. protection.

    “Braids are easier for me and braids are very versatile,” she adds. "So that I can change models when I'm bored."

    The self-protective and inviting hairstyle has given Reid plenty to experiment with on various sets, but he says the entertainment industry in general still has a long way to go when it comes to the proper inclusion of hair and makeup.

    “We have to consider many changes. If [I] could say anything to the industry, it would only allow young people – or people with natural hair experience – to come out and help your talent or give them a chance to be a place shoot in the industry that everyone can relate to comfortably," he said, admitting it can be difficult for black hairstylists to book big projects.

    "I know it's hard to get a black head or a department head, but it's also hard for black people to join [The Guild of Beauty Artists and Hairdressers] and create more opportunities and get the weather." heads. “, he said, adding that the same considerations applied to makeup artists.

    “Anything the industry can do to create more justice in our hair and makeup industry is absolutely necessary because it is inhumane to constantly sit in chairs trying to collect your thoughts and prepare for being in front of the camera and you look good but you don't like the way you look or you don't like the way your hair is styled or treated with care,” she says. not feel good.

    Health, parenting, body image and more – find out who 's behind it all with our Yahoo Life newsletter . Register here .

    Remember, that's why he's not an actor anymore

    Categories
    Business Industry

    ASU Sidney Poitier Film School Leaders Aim To Expand Educational Opportunities For A Changing Industry

    ASU Sidney Poitier Film School Leaders Aim To Expand Educational Opportunities For A Changing Industry

    Hollywood veterans Cheryl Boone Isaacs and Peter Murrieta are optimistic that "a lot is possible" in the future as Hollywood and the entertainment industry as a whole expands for stories and diverse perspectives at every level.

    Murrieta and Bone Isaacs performed at Thursday's event to announce the recent opening of Arizona State University's Sidney Poitier New American Film School, a program that opened in downtown Los Angeles earlier this year in the former Los Angeles Herald Examiner building at Broadway and 11th Street. He started. Boone Isaacs is the founding principal of Poitiers School and Murita is the school's assistant principal and principal. The two are joined by several other educators to discuss how Hollywood is expanding its business and audience by taking steps toward integration and representation.

    Boone Isaacs and Murrieta emphasized the importance of film education being practical enough to allow students to enter production and related entry-level jobs.

    “It's no longer enough to pass the baton to a bachelor's+4 to transfer a student from high school to community college. You must answer the question: "How will this help my job search?" How does it help? Murreta said.

    Before she became a presenter for such hit shows as Disney's Wizards of Waverly Place and Mr. Iglesias”, Murrieta has worked as a screenwriter on several television shows. In the year In 2002, Hello from Tucson, he got his first chance to create his own show for the now defunct WB network.

    Murrieta remembers that Hispanic representation skyrocketed during that time. "Tucson" was inspired by his life in Arizona. He had the Primetime drama series Easter Boulevard and George Lopez had a family comedy on ABC. Finally, change seems inevitable.

    "In the 2002/03 season, I felt like it was about to happen," Murita recalls. "We waited, gathered strength and speed.

    However, this feeling was short-lived, because the shows were canceled soon the following year – all except "Jorge Lopez", which ran for six seasons until 2007.

    “It was like that for a while. Then another wave came, and then it went out. And at some point it dawned on me that there had to be another way, even if we attacked the business from a representative perspective,” he said. Murita

    The lack of representation led to what Poitiers school leaders described as a "cultural emergency." Professors Alex Rivera and Cristina Ibarra cite a recent Latino Donor Cooperative study that found Latinos make up less than 4% of shows in the industry. For managers, this number is less than 3%. For cable television, Hispanic representation is much lower, nearly 0% in all categories.

    Murrieta's work also includes writing and producing shows such as ABC's short-lived Christyla and Netflix's pop TV revival One Day at a Time. In his first contract with Universal Television, he developed a project close to his genre, Blood and Gold: The Legend of Joaquin Murieta, which he co-wrote. Murrieta's desire to provide similar ski jumping features to other filmmakers prompted him to join the ASU staff, in addition to his successful work on the popular show.

    "The idea that if we can't control Hollywood in some other way – that's fine. Then I'm going to go somewhere and create an army that will keep coming as hundreds and hundreds come," Murita said.

    ASU's plan will begin by expanding the curriculum to include education in all areas of filmmaking, including music and design, and by allowing more people to earn a four-year film diploma. In addition to a close relationship with ASU's Herberger Institute of Design and Art and the School of Music, students are given multiple avenues for success.

    "Movies have great composers and great songs, and we remember a lot of them," said Bon Isaacs, a former Paramount Pictures executive and president of the Academy of Motion Picture Arts and Sciences. "Most young people say, "Oh, I like music. "I love the sounds of being immersed in the music business." It's amazing and wonderful. But we want to teach them a lot of pottery.

    Boone Isaac said that in addition to expanding its course offerings, the school is partnering with several community colleges to create a program that will allow more community college graduates to earn bachelor's degrees.

    "We all know that life has many twists and turns. When you think of turning left, there are many situations where you turn right. We want to introduce industry experts who talk about the hurdles and challenges our students face. "But in the end, determination, passion, love to work and learn is what motivates you. And [students] succeed—that's the definition of success, not someone else's.

    (Top photo: Cheryl Boone Isaacs)

    For more stories like this, follow us on MSN by clicking the button at the top of this page.

    Click here to read the full article.

    ASU Alumni Panel on Film and Media Studies: From College to Career

    Categories
    Finance

    He Raked In $990,000 Playing In The NFL Last Year, Teaches Finance At UPenn, And Interned At UBS. And Hes Got A Simple Piece Of Money Advice We All May Need To Hear Right Now.

    He Raked In 0,000 Playing In The NFL Last Year, Teaches Finance At UPenn, And Interned At UBS. And Hes Got A Simple Piece Of Money Advice We All May Need To Hear Right Now.

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    NFL midfielder Brandon Copeland made $990,000 in the NFL last year, according to CBS Sports, but that's not the coolest thing about him. He also built a financial empire called Copeland Media, serving as CEO and overseeing the company's financial advisory firm, Cascade Consulting Group. While at the University of Pennsylvania, he interned at UBS and has since returned to his alma mater to teach a course in financial education. And two years ago, he added Kiplinger collaborators to his resume.

    One of his tips that seems especially important right now – with the recession going on and some savings accounts paying more than they have been since 2009 (see the best savings account rates you can find here) – is that you need an emergency fund. . Here's what other experts recommend and what other experts say.

    "A healthy emergency fund usually has three to six months of salary or living expenses, but as always, you need to assess your situation and save as much as possible," Copeland says. (Copeland reportedly keeps most of his salary to himself.) He says an emergency fund can help with medical problems, job loss, debt relief, and more.

    What are the experts saying now about emergency money?

    Dana Jacobs, a certified financial planner at Legacy Care Wealth, agrees that an emergency fund for 3-6 months of expenses is essential for a financially healthy family. “Typically, we put those savings in high-interest savings accounts so our clients can get a little more out of the funds,” says Jacobs. Find out the best savings account rates you can get here. Find out the best savings account rates you can get here.

    If you're a two-income family, says Jacobs, you can usually access a small emergency fund because you have extra income to cover possible job losses. But dependents, those with regular jobs, or those with only one income tend to save more.

    "Having a lot of money to withdraw gives you a lot of flexibility, and there's real peace of mind knowing that if disaster strikes, you'll be fine. It's better to have too much money than not enough," says Keith Spencer, a certified financial planner at Spencer. Financial Planning.

    If the recommended reserve amount seems out of reach for the family, certified financial planner Paul Collinson of Legacy Planning Advisors recommends dividing the money into more accessible areas. “Aim to build up a month's worth of reserves every 3-6 months until you reach the recommended number of months, perhaps. "The bottom line is that it's important to empower family members when setting desired goals, such as setting up an emergency fund in a few months or years," Collinson says.

    And remember that this number can be liquid. "If you pay for child care now, it's definitely covered, but maybe not in a few years," says certified financial planner Christina Guglielmetti of Future Perfect Planning.

    A high school soccer player was killed in the attack

    Categories
    Computers

    The Smartest Computers Can Also Be Among The Most Efficient

    The Smartest Computers Can Also Be Among The Most Efficient

    Optimized architecture enhances exascale environments

    Frontier features 3rd generation AMD EPYC CPUs optimized for high-performance computing and AI and the AMD Instinct MI250X accelerator, both specifically designed for exascale environments. According to Malaya, AMD's researchers and engineers have built on the company's more than 50-year history of developing processors with outstanding performance.

    They have added special architectural features to greatly improve performance. "We had to improve our hardware, we had to improve our software, and we also worked with end users and domain scientists to improve their algorithms," he says.

    NOW WATCH: Learn more about Frontier and Summit in our field video.

    Optimizing supercomputers' algorithms to reduce data movement—specifically, moving less—reduces energy consumption significantly, he said, without sacrificing computing power.

    "The fact that the world's fastest machine is also the most energy efficient is surprising," ORNL laboratory director Thomas Zakaria said at a press conference in May.

    Supercomputing technology can be scaled to other systems

    The technology behind Frontier's speed and power efficiency is scalable to other architectures, Malaya said. For example, optimized code used to modify the software that drives the algorithm is available so that "anyone with AMD hardware can use these algorithms," he added.

    And while Frontier consists of more than 9,000 nodes, 1 CPU block and 4 GPUs, the system components are available to other companies, "so they can own all the optimizations, all the software and all the work we do." ." ". It's a very scalable solution,” he said.

    Learn: Green IT and how it can help federal agencies reduce emissions

    Most large data centers rely on similar CPUs and GPUs to do their work. The technology is also important for artificial intelligence and machine learning projects.

    "Working with Frontier helps us work on the next generation of products that we believe will be more efficient, perform better and be available across the industry," said Mahesh Balasubramanian, Director of Product Marketing for AMD's GPU Accelerated Division.

    Presented by:

    How to Transfer from Computer to iPhone – Without iTunes (Fastest Way)

    Categories
    Computers

    Students Help NASA Find Landslides By Training Computers To Read Reddit

    Students Help NASA Find Landslides By Training Computers To Read Reddit

    Students at the University of British Columbia have trained computers to read news articles about landslides on Reddit to improve predictions of when and where these natural disasters will occur in order to expand NASA's database.

    For their final project, Badr Jaidi and the Social Landslides team trained computers to automatically extract useful information from landslide news posted on Reddit. In this Q&A, he explains how this device can save lives.

    Why do we need this tool?

    According to the World Health Organization, landslides are more common than any other geological phenomenon. They are very destructive and we don't have much information. With more accurate landslide data, you can more accurately predict which areas are at risk, which can ultimately save lives.

    NASA collects such information in a public database called the Collaborative Open Online Repository, or COOLR, and uses it to predict when and where landslides will occur. But people had to manually enter landslide information or search for articles and news reports one by one, which was very cumbersome. Our tool automates this process and does what would otherwise take months in minutes.

    This frees up resources for more important research and means we get more data faster, which can improve landslide research in general and NASA's landslide forecasts.

    How does it work?

    By BGC Engineering Inc. And NASA For our flagship project, our team built a tool that scans Reddit for news stories about landslides over a period of time and then pulls out the relevant information.

    First, the computer model determines that the article is about a landslide, not a poll where someone wins with a "slide", but about Pokemon articles using land techniques like rockfall.

    We then trained a natural language processing model on the scrolling data and trained it to recognize the information we wanted from the text. This type of model can understand speech, including parsing sentences. So we gave him a news article and asked him where the landslide might be. The model predicts the answer based on the given language, e.g. b. "According to this comment, a landslide probably happened here" and we will let them know if it is true or not.

    So the computer remembers what information it needs automatically and accurately, including when and where the landslide happened, what happened and how many people died.

    Everything is very fast. It retrieves a month's worth of articles in 15 minutes compared to manually sorting through this information. The data can then be uploaded to COLR. It took us about two months to install it. NASA is currently evaluating whether the device can work as is, or whether some modifications are needed to use it.

    Can this tool be used on other social networks?

    We used Reddit because it has free access to their Application Programming Interface (API). For example, the Twitter API has many limitations and is very expensive to access. The amount of data will also be large.

    We want to start small and make sure Reddit works. But as long as they have news stories, they can expand to larger platforms and sources. By training on the same data sets, you can extend the tool to use for other natural disasters, such as earthquakes, using the same method.

    Improving the model and adding more tools for landslide mining outside of Reddit will ultimately help NASA get more data points faster. I will follow him.



    Quote: Students Helped Landslide by Teaching Computers to Read Reddit (October 6, 2022) Retrieved October 8, 2022, from https://techxplore.com/news/2022-10-students-nasa-landslides-reddit.html.

    This document is protected by copyright. No part may be reproduced without written permission for research purposes except for personal study or fair trade. The content is for informational purposes only.

    NASA: From satellite to phone, reduces the risk of exposure to mosquito-borne diseases

    Categories
    News

    The Sandman’s Jenna Coleman Had Delightful Reaction To Keanu Reeves’ Constantine Sequel News

    The Sandman's Jenna Coleman Had Delightful Reaction To Keanu Reeves' Constantine Sequel News

    As with any adaptation of a previous work, the Netflix series Sandman has made some tweaks to the original stories by Neil Gaiman. Among them, mystery detective John Constantine was cast as Joanna Constantine, and Dr. Gina Colman played dual roles as her and her eponymous predecessor in the 18th century. Speaking of Constantine, it was recently announced that Keanu Reeves will reprise his role as John Constantine, and Coleman responded to the DC movie news.

    In case you missed the September announcement, Keanu Reeves meets Constantine director Francis Lawrence for a sequel written by Akira Goldsman. Reeves was the first actor to play John Constantine on live TV, and two years after finding out that both Reeves and Lawrence were about to face off against Constantine 2 , it's happening now! In an interview with THR, Jenna Coleman was asked how she felt about "meeting" the role of Constantine and somehow taking on the role, and she replied:

    Categories
    Sport

    What’s The Worst Cheating Scandal In Each Sport?

    What's The Worst Cheating Scandal In Each Sport?

    Almost every sport has a cheating scandal. At one time or another, a person or group of people tried (and sometimes succeeded) to beat the system and outdo others. Sometimes for the money, sometimes for the fame, but one thing is always certain: it's unfair to those who play by the rules.

    There are currently three cheating scandals in three different sports: chess, fishing, and poker, and each could be the worst cheating scandal in the history of a single sport.

    Chess.com, the largest chess website, announced Tuesday that an internal investigation concluded that 19-year-old grandmaster Hans Niemann cheated in more than 100 games on its site.

    Saturday's Lake Erie Walleye Trail Tournament on the shores of Lake Erie saw Chase Kaminsky and Jack Runyan fill fish bellies with weights for a chance to be named Team of the Year and win a $30,000 prize.

    There's a frenzy in poker about Robbie Z. Liu's incredible $109,000 bluff call that turned into a $269,000 pot. Lou is accused of cheating and when he returns the winnings, he does not admit to cheating at all and even accuses him of making money hiding in a dark corridor.

    Fishing, chess and poker are having a moment, but what are the biggest cheating scandals in other sports? Almost every sport has its share of cheating scandals, and you can read about the worst of them here.

    Football: Spygate, by the Patriots

    The NFL has been plagued by numerous cheating scandals over the last 15-20 years, so there are plenty to choose from. It has to be Bountigate, wasn't it a scam with dangerously inflated incentives? Should there be Deflategate, the alleged football fraud involving actual field equipment? Or espionage, video recording of signals from other parties?

    After all, Spygate was the first and still the most talked about seizure of extravagant gestures and pearls. During the 2007 season, the New England Patriots videotaped the New York Jets defensive line during a play that commissioner Roger Goodell ruled was intentional cheating. Coach Bill Belichick was fined, the team was fined and lost in the first round. All tapes and recordings of these videos have been destroyed, leaving questions that will likely never be answered.

    Baseball: Astros steal home plate to win World Series

    You can say whatever you want about people taking steroids and never getting caught, but when it comes to coordinated cheating, the biggest scandal in baseball is the 2017 Houston Astros' use of signal-stealing cameras and trash can lids to communicate with them. The team accomplished this in the 2017 and 2018 seasons, including the 2017 playoffs and World Series victory over the Los Angeles Dodgers.

    In the end, the players who ran the scheme were not punished because of an immunity agreement with MLB, but general manager Jeff Luhnow and manager AJ Hinch were fired and then suspended from baseball for the 2020 season. Boston Red Sox manager Alex Cora , who served as Hinch's bench coach during his breakout season, was also fired for the 2020 season, and the Red Sox went with him. Hinch and Cora have since returned to managing in the majors, with Hinch managing the Detroit Tigers and Cora returning to his job with the Red Sox.

    Basketball: The Tim Donohue talking scandal

    In 2007, then-referee Tim Donohue was arrested on charges of betting on hundreds of basketball games he officiated, as well as fixing games or making calls that influenced the game in his or others' favor. Donohue said he only used his knowledge of the game to place bets, but he was convicted on federal charges and sentenced to two years in prison.

    Football: Serie A Calciopoli

    Calciopoli was a major scandal in Serie A, the Italian soccer league. Juventus manager Luciano Moggi was caught pressuring referees at some clubs over their calls, with the scandal spreading to AC Milan, Fiorentina and Lazio. The results were wonderful. Every team involved was penalized in some way, mostly points deducted and banned from certain competitions, but Juventus received the biggest penalty. They were relegated to Serie B and dropped nine points, losing the Serie A title in 2004–05 and bottom of the table in 2005–06. Moggi, who has always maintained his innocence, resigned along with Italian Football Federation president Franco Carraro and vice-president Innocent Mazzini. Mogi was also banned for life.

    Cycling: Lance Armstrong's doping

    It's a simple thing. Lance Armstrong took performance-enhancing drugs for years, successfully hid them (at least for a while), and won the Tour de France seven times. When his doping was discovered, Armstrong's trophies were revoked, his foundation, the Lance Armstrong Foundation, became very successful (eventually renamed the Livestrong Foundation), and he was disgraced.

    Boxing: Louis Rest has no pads

    In 1983, Billy Collins Jr. In "Madison Square Garden", the rookie met with the junior welterweight Luis Resto, and the result was a surprise. Resta, better known as the Light Puncher, beat the ever-lovable Collins until his eyes were swollen shut. The punch shattered one of Collins' irises, resulting in blurred vision that ended his boxing career.

    When Collins' father, who is also his trainer, shook Rest's hand at the end of the match, he felt that his boxing gloves were thin. He demanded that the gloves be confiscated and, according to the investigation, that one ounce of cushion be removed from each and replaced with chalk, something Resta finally agreed to in 2007. Restau was convicted of assault, possession of a weapon and conspiracy. He spent two and a half years in prison. As for Collins, he died in a car accident in 1984, and his family believes the loss of his livelihood contributed to his mental breakdown.

    MMA: take your pick

    So many MMA fighters have been arrested for doping that it's hard to single out just one. In 2000, Josh Barnett dethroned Randy Couture to become the youngest heavyweight champion in UFC history when he tested positive for a banned substance and was stripped of his title. Royce Gracie, one of the most important figures in MMA history, received a positive result after his rematch with Kazushi Sakuraba in 2007. Anderson Silva, one of the greatest MMA fighters of all time, tested positive. Nick Diaz Cris Cyborg. Chell Sonnen. Some time ago, John Jones gave a positive result. In an individual sport like MMA, doping is a major form of cheating, but it is not uncommon.

    Olympics: coordinated doping in Russia

    Doping in sport is often the decision of the individual athlete (and possibly the support team), but in Russia it is different because doping is widespread and state-sponsored. Between 2002 and 2016, Russia was stripped of a total of 43 Olympic medals in the shot put, shot put and cross country. More than 150 Russian athletes were baptized, which is more than in any other country in the world. In 2019, the World Anti-Doping Agency banned Russia from all sporting events for four years (since reduced to two years), including the Olympics. Since then, Russian athletes have competed in the Olympic Games, but under a neutral flag with the name "Olympic Committee of Russia" or AKR.

    Figure skating: France and Russia agree on double gold

    Pair figure skating at the 2002 Olympics in Salt Lake City was engulfed in scandal. In the long program, Canadians Jamie Saleh and David Pelletier skated beautifully and emotionally, almost technically flawlessly. Despite the fact that the Russians Alena Berezhnaya and Anton Shikhrulidze skated almost next to each other, there was an obvious technical skill error. Everyone was sure that Canada would win the gold medal, but Russia surprisingly won the gold and Canada won the silver.

    The result was so wrong that an investigation was launched, with French referee Marie-Reine Le Gognier quickly admitting that the match had been rigged and that the head of France's national figure skating federation had put pressure on the Russian pair to achieve a record advantage. For an auspicious number for a French dancing couple. He and the head of the French skating federation were suspended for three years, and the award ceremony was repeated for the first time in history. Together with the Russians, Sale and Pelletier took the gold together. The scandal created a new scoring system in figure skating.

    Paralympic Games: Spain's Paralympic basketball team

    Although Spain's Paralympic basketball team for the mentally retarded won gold at the 2000 Paralympic Games in Sydney, their team was nothing like them. An undercover reporter revealed shortly after winning the gold that almost none of the players had a disability. It turned out that the required intelligence test was not administered by the Spanish Paralympic Committee, and 10 of the 12 basketball players were neither mentally retarded nor Spain's gold medalists. The team was stripped of its gold medal, and all competitions for athletes with mental disabilities were suspended for several years.

    Marathon: Rosie Ruiz's subway ride

    Rosie Ruiz cheated at two major marathons: the New York Marathon and the Boston Marathon. In the 1980 New York City Marathon, Ruiz started with the others, but rode the subway to the finish line, where he suffered a stroke and was declared 11th. This qualified her to compete in the Boston Marathon, where she finished with the best time among women in the race and the third fastest time of any marathon in history. Boston Marathon organizers and runners were immediately suspicious for several reasons, including the fact that no one remembered seeing him during the race. Two witnesses came forward and said they saw Ruiz run into the crowd with half a kilometer to go. Ruiz's cheating in Boston found him riding the subway in New York and he was disqualified from both races.

    Top 10 dirty tricks on broken sports fields

    Categories
    Entertainment

    Rob Wade Named CEO Of Fox Entertainment

    Rob Wade Named CEO Of Fox Entertainment

    Fox reality TV boss Rob Wade has been named CEO of Fox Entertainment.

    Wade, Fox Entertainment's former president of alternative entertainment and specials, took the top spot vacated by Charlie Collier, who left last month to join the Roku network. Wade will report to Lachlan Murdoch, Executive Chairman and CEO of Fox Corporation.

    RELATED : David Nevins reflects on '12 interesting years' and says he'll be 'very careful next time' after leaving Paramount Global

    In his new role, Wade will oversee the Fox Entertainment portfolio, which includes animation house Bento Box Entertainment; Marvista Entertainment; TMZ; his own unscripted studio, Fox Alternative Entertainment, which he founded; Ramsay Global Studio, which he helped create; Content creators written by Fox Entertainment Studios; blockchain creative labs; and Fox Entertainment Global's content sales division.

    “Since the founding of Fox Entertainment, Rob has been an integral part of the management team tasked with implementing long-term strategies to build an independent broadcast media company, expand the original content portfolio, and maintain a disciplined internal infrastructure. "Rob's respected creative instincts and proven operational acumen allow Fox Entertainment to open another exciting chapter in its Confessions story."

    Fox Entertainment chairman Michael Thorne and COO Amy Carney, along with other senior internal executives, were among the top contenders to fill Wade Collier's spot.

    He became the youngest Briton to rise to an American network's executive board, joining the likes of Disney's Fox and Peter Rice, NBCU's Francis Berwick, former NBC CEO Paul Telegdy, former ABC CEO Paul Lee and USA Entertainment's Michael Jackson. .

    Wade is the latest reality show boss to rise to prominence, but given Fox's dominance of reality shows like The Masked Singer , he talks about the importance of Unscripted to the company after Disney bought it as an independent broadcaster. The Masked Singer , the most popular series of recent years, recently began its eighth season.

    Wade joined Fox Entertainment in March 2017. He oversees the network's unscripted scene, including shows such as Lego Masters , which sprang up under his control, as well as long-running series such as MasterChef .

    He was also responsible for setting up Fox's own production arm, Fox Alternative Entertainment, which released some of the original games and developed international formats as part of a $100 million global fund.

    Wade has a close relationship with one of the network's biggest stars, countryman Gordon Ramsay. In addition to overseeing shows such as Hell's Kitchen, MasterChef, MasterChef Junior, Next Level Chef and Gordon Ramsay's upcoming Food Star , Ramsay has been an integral part of a big deal with the famed British chef cook.

    RELATED: Gordon Ramsay launches Global Studios with Fox Entertainment as part of Global Megadeal

    Last August, they created Studio Ramsey Global, which grew out of a partnership with Ramsey's former broadcaster, Studio Ramsey, All3Media. The acquisition and founding of a new company was also associated with a large total order in the nine-figure range.

    Wade has been a rising star for the network for the past five years and has been praised by executives for being financially responsible for his immature lineup, managing the pandemic and keeping a few original titles on the air and looking for new ways to increase funding.

    "I'm honored to lead Fox Entertainment into the future with an incredibly talented team that I know very well as we build on and expand Fox's legacy of excellent storytelling, … entrepreneurial strength and innovation," said Wade. “This is a time of transformation in the global entertainment landscape, opening up endless possibilities and, most importantly, creativity that makes the future bright and exciting.”

    Before joining Fox, Wade was showrunner for ABC's Dancing with the Stars and Head of Entertainment for BBC Worldwide, which produces the show. He also served as an executive producer on the Fox series The X Factor and America 's Got Talent on NBC, and was a television executive at Psycho Entertainment North America.

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    Seeing this detail, the family took a picture of the woman to file for divorce.