Legendary Spice will expand, adding three new Twin Cities locations
The Sichuan restaurant, which currently has one location in Eden Prairie and two in Minneapolis, will add three new hubs and a new concept to its roster, it announced in a social media post celebrating its eighth anniversary.
The restaurant says it plans to open in Rosedale Center's Potluck food hall, Woodbury, and Coon Rapids. All three will be a combination restaurant between Legendary Spice and Boba X. However, it hasn't shared details on when those locations will begin serving dumplings and scallion pancakes to diners.
The Woodbury location will be situated at Tamarack Village, and the Coon Rapids outpost will be in the Riverdale Village, per a report from the Minneapolis/St. Paul Business Journal. The report also notes that the Woodbury and Rosedale Center locations are expected to open in April
Representatives for Legendary Spice did not respond to a request for comment.
The burgeoning Twin Cities chain will also open a Boba X Ramen in Dinkytown, a complement to the Legendary Spice location at 2501 University Ave. SE, just down the street from the heart of Dinkytown. In addition to its three Legendary Spice locations, the company currently operates a Boba X in the Mall of America.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
4 days ago
- Forbes
From Instant Noodles To Blockchain: A Journey Of Self-Reliance And Systemic Change
Gracy Chen is CEO of BitGet. When I was nine years old, I learned what I thought was the most important skill I could master. I was wrong. As a single mother, my mom worked all day, and then, on some evenings, she'd go to class. She was doing her MBA at Sichuan, the best university in Southwest China. Because she was busy with work and studying, I mastered the skill that I thought was most important: Boiling instant noodles without burning the house down. On other nights, we'd go out and meet with her classmates, and she'd tell me, 'This friend runs a huge chain of stores. This one runs the chain of restaurants we're going to have dinner in.' Boil Your Own Noodles Looking back, I realize my childhood was like a mini-MBA: master of basic autonomy. Lesson one: If you want noodles, you'd better learn to cook them yourself. She didn't even teach me how to cook, but my mom did teach me the importance of three things: • Independence • Going after what you want • That getting an education is essential These lessons have driven me throughout my career and are responsible for my becoming CEO of Bitget, a company where we understand the importance of empowering women. Crypto With Conscience At Bitget, we have been committed to leading the crypto revolution among women. We know it starts from within. We're the only top 10 crypto exchange with a female CEO, and 50% of management at Bitget are women. Think about that for a moment: 50% women in management? In crypto? That's like finding a Bitcoin wallet that didn't get lost in a boating accident—rare, but glorious. Blockchain4Her: From Mission To Movement In January 2024, we launched the education initiative BlockChain4Her, with a $10 million commitment to scholarship and mentorship. We know that women are underrepresented in the crypto universe, but we want to rewrite the rules of inclusion in Web3. With Blockchain4Her, what began as a mission to empower hundreds of women has scaled into a global movement to educate thousands of girls and women. Educating 300,000 Futures Partnering with UNICEF and joining the Game Changers Coalition is our next step in doing that. Again and again, research shows that educating women and girls is key to changing communities for the better and even to increasing a country's GDP. Doing so in the crypto space expands the opportunities for women's financial independence and has the potential for exponential impact. Currently, women and girls in low- and middle-income countries lose out on $15 billion in economic opportunities annually due to digital skills and internet access gaps. Blockchain has the potential to leapfrog infrastructure barriers; many young women in rural areas may never see a real bank branch, but they can access a crypto wallet on their phones. Web3 is becoming increasingly important in our world. The U.S. government is in the process of passing a stablecoin bill to allow more global transactions to be settled in stablecoins on the blockchain. Every top university is offering blockchain courses now, even Harvard. All the most renowned universities are teaching their students about crypto finance, blockchain tech or Web3 entrepreneurship. If we want true equality, it is essential that women are given opportunities to learn about this new and paradigm-shifting technology. Working With UNICEF We'll be working with UNICEF over the next three years to build a curriculum and roll out a program that will be available to women and girls globally. We'll deliver blockchain education to 300,000 people across eight countries: Armenia, Brazil, Cambodia, India, Kazakhstan, Malaysia, Morocco and South Africa. The curriculum will be deployed both online and in-person, using game-based learning on platforms like Agora. We understand that we can't always know what's best for different regions, so we'll be working with local teams to make sure the content is always relevant. Those teams will help shape delivery, select guest lecturers and translate materials as needed. Starting this year, we will also be adding a blockchain pillar to the hackathons held in various nations, so that the women and girls we've helped educate and bring into the crypto space can build community with each other to amplify the impact of their understanding of blockchain and opportunities for financial freedom. And we'll be offering mentorship, internships and seed funding for youth-led projects. Bitget and UNICEF both understand that educating and empowering women and girls—especially when it comes to STEAM—is key to building a better world for all of us. We want to bridge gender and economic divides by equipping adolescent girls, parents, teachers and mentors with blockchain literacy. But this idea runs even deeper, right down to the core values of the work all of us do. Equity Is The Point When I first discovered crypto, one of the things that most excited me was the egalitarian nature of the industry. Bitcoin was founded on the idea of peer-to-peer networks versus the traditional financial model, where a few people or organizations hold all of the power—a model that has been shown (by every financial crisis) to be enormously problematic. However, equity is at the very heart of the concept of crypto. And yet, we don't see that playing out. Despite crypto adoption being highest in emerging economies like Indonesia and India, few platforms are investing in long-term education or infrastructure in those places. Companies in our industry must do more than innovate. We must lead with conscience. This isn't about 'being good people.' In crypto—maybe more than in any other industry—we know that a rising tide lifts all boats. The more we can drive mass adoption, the more we all succeed. At Bitget, we are committed to this. Our internal structures reflect inclusivity. Our Blockchain4Her initiative has been pushing for more equity, and our partnership with UNICEF on the Game Changers Coalition is the next step. The tech industry is uniquely positioned to redefine access, equity and opportunity. The real question is: Will we collectively rise to the occasion? Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
Associated Press
4 days ago
- Associated Press
VideoProc Converter AI Kicks Off Summer Campaign with Smarter Compression and Exclusive Offers
VideoProc celebrates the summer with smarter video compression, free licenses, up to 67% off, and premium software gifts—available from August 1 to 20. CHENGDU, SICHUAN, CHINA, August 1, 2025 / / -- Digiarty Software today announced the launch of a limited-time summer campaign for VideoProc Converter AI, spotlighting its smart and flexible video compression solutions. Running from August 1 to August 20, 2025, the campaign features a free license giveaway, a 67% discount on the full version, and bonus software gifts valued at over $270. As summer ushers in a surge of outdoor activities, travel vlogs, and sports tournaments, creators and everyday users are capturing an ever-growing volume of high-resolution footage from drones, GoPros, camcorders, and gameplay recordings. Managing, editing, and sharing these oversized files often becomes a technical hurdle. To address this, Digiarty is highlighting the smarter compression solutions in VideoProc Converter AI to reduce file size without noticeable quality loss, and simplify video workflows for everyone from YouTubers to families archiving vacation memories. Through this campaign, Digiarty aims to help users take control of their content with powerful tools for video enhancement, conversion, and compression—all in one fast, offline solution, VideoProc Converter AI. It is an all-in-one video processing software that combines AI-powered enhancement, high-speed conversion, editing tools, and smart compression. Built to support everything from 4K drone footage to gameplay captures, the software balances performance and quality through GPU acceleration and smart automation. Its feature set includes AI Super Resolution, Frame Interpolation, video stabilization, background noise reduction, DVD backup, screen recording, and a fully customizable video compression engine. Designed to work offline and without file size limits, it is a reliable alternative to web-based tools. Smarter Compression, Made for the Real World At the core of the summer spotlight is the video compression tool, which helps users tackle storage limits, upload bottlenecks, and bandwidth constraints. Unlike most online compressors, which restrict file size or quality, VideoProc Converter AI delivers a full offline experience with GPU-accelerated speed and granular control over resolution, bitrate, frame rate, and codec. Whether compressing gameplay for YouTube, preparing lecture videos for LMS platforms, or archiving family travel clips, users can achieve high-efficiency results while maintaining visual clarity. Real-time preview and batch processing further streamline the experience, making the tool both accessible and powerful. To meet a wide range of use cases, VideoProc Converter AI supports seven video compression strategies, giving users the freedom to compress video files based on content type, target platform, or quality requirements: • In the Compressor tool, simply drag the slider or enter a target file size to reduce video size. It is perfect for quick transfers via email or social media apps. • Change codec – switch H.264 to HEVC for better compression (AV1 support coming soon) with virtually the same quality. • Increase GOP length for better encoding, which is suitable for low-motion and static videos with little frame changes. • Lower frame rate – reduce FPS for static or slow-paced videos, without noticeable quality loss. • Resize resolution – downscale 4K to 1080p or 720p for easier sharing or playback on small-screen devices. • Adjust bitrate – reduce data rate to shrink file size efficiently. • Reduce audio data – remove audio track or reduce audio bitrate, sample rate, etc. Currently, the software supports H.264 and HEVC (H.265) codecs. H.264 offers wide compatibility, while HEVC provides better compression efficiency for high-resolution content. The upcoming update will add support for the AV1 codec, known for delivering comparable quality at even smaller file sizes—ideal for future-proofing and web streaming. Summer Campaign Highlights – Limited-Time Offers To celebrate the season and empower creators, Digiarty Software is offering a suite of promotions for both new and existing users: 1. Free Giveaway – VideoProc Converter AI v7.5 Get a full license for free at no cost, no trial limitations. 2. 67% OFF – Full Version (v8.1 and Future Updates) Unlock all premium features, including AI enhancements, compression tools, and upcoming codec support. Includes lifetime technical support and free upgrades. 3. Free Gift Bundle – Over $270 in Bonus Software Every participant also receives exclusive third-party software gifts: • Aiarty Image Matting (6-Month License) – $49.00 • iPhone Manager v6.6 – $79.95 Full License • WinOptimizer v26 – $55.00 Full License • Sketch Drawer v11.0 – $89.99 Full License Don't miss this opportunity to claim your free license, upgrade at 67% off, and unlock a premium software bundle. The campaign is available for a limited time only—from August 1 to August 20, 2025. Enter the event now: About Digiarty Software Founded in 2006, Digiarty Software focuses on creating innovative multimedia solutions for video processing, AI enhancement, and digital content creation. Its flagship product, VideoProc Converter AI, serves over 4.6 million users worldwide, helping individuals and professionals create, convert, enhance, and share video and image content with ease. For more information, please visit Viola Nee Digiarty Software Inc. +86 28 8513 4884 email us here Visit us on social media: Facebook YouTube X Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Forbes
15-07-2025
- Forbes
The Crash No One Sees Coming: Food System Failure
PANZHIHUA, CHINA - MARCH 9: (CHINA OUT) A farmer walks on a dried-up field on March 9, 2010 in ... More Yanbian County of Panzhihua City, Sichuan Province, China. There was no rainfall in nearly half year in Panzhihua, resulting in no harvest of crops in many areas. According to the Ministry of Agriculture, severe drought had hit over 4.09 million hectares of farmland in southwestern China since early March, with more than 2 million hectares seriously damaged. The affected regions are in Yunnan Province, Guangxi Zhuang Autonomous Region, Guizhou Province, Sichuan Province and Chongqing Municipality, which contribute to about 16 percent of the country's annual grain output. (Photo by) 'We're losing 120 calories per person, per day, for every degree of global warming.' That stark data point from a 2025 Nature study signals more than a threat to food security, it points to a growing risk to global financial security. Food system instability exposes markets to cascading shocks: inflation, trade disruption, insurance losses and sovereign credit stress. Yet these risks remain largely unaccounted for in core financial systems. Despite mounting exposure to climate-driven volatility, financial systems, from asset pricing models to fiscal and monetary policy frameworks, still treat food risk as peripheral. This disconnect is no longer sustainable. As climate extremes intensify, the next financial crisis may not come from housing or tech, but from a climate-driven breakdown in the global food system. The Climate-Finance Disconnect Climate models show that under high-emissions scenarios, global staple crop yields could fall by 20% to 35% by century's end, even with adaptation. A recent study in Nature estimates wheat, maize, and soybean yields may decline by nearly a third if warming exceeds 2°C. Maize alone accounts for nearly 40% of global grain production. These aren't just commodities, they are pillars of food security, trade, and inflation control. Reduced crop yields lead to supply shocks, fuelling inflation. That inflation prompts central banks to raise interest rates, tightening credit and increasing debt pressure, especially in food-importing nations. Some of these disruptions unfold suddenly, like the 2007–2008 food price crisis that triggered unrest in over 30 countries or the Ukraine war that sent wheat and fertilizer prices soaring. Others build more slowly, as years of slow decline can steadily erode farm margins, strain rural credit systems, and increase sovereign exposure to food volatility. Both pathways, acute shocks and chronic pressures, pose serious, under priced risks to financial stability. Daniel Blaustein-Rejto, director of food & agriculture at the Breakthrough Institute explains that a common misunderstanding in both policy and financial circles is that research says climate change will cause yields to collapse outright. While that's not the case, climate change will significantly slow their growth. Compared to a world without warming, even modest yield drag could destabilize markets built on expectations of consistent gains. Insurance markets, already struggling to price climate-related risk in agriculture, are sounding the alarm. According to a 2025 report by Howden and the European Investment Bank, only 20–30% of European farmers have insurance coverage for climate-related losses, leaving potentially billions in uninsured losses. The report warns that climate change 'could render parts of the food system fundamentally uninsurable.' As private insurers retreat from high-risk areas, public institutions are forced to absorb growing losses, adding fiscal pressure to agriculture-dependent economies. Commodity market volatility grows as investors speculate on food scarcity, amplifying systemic risk. As Dr. Howard Botts, chief scientist at geospatial risk intelligence firm Cotality says, 'The agricultural sector is deeply tied to both physical and financial risk, and climate-driven shocks in insurance availability will not stay contained.' Crop failures can lead to loan defaults among farmers and agribusinesses, threatening the stability of local banks. In regions where agriculture comprises a significant share of GDP, this creates a hidden but potent channel of financial contagion, one largely absent from most macroeconomic risk models. Widely used tools like the Social Cost of Carbon (SCC) don't account for the cascading effects of food system degradation: soil depletion, water scarcity, nitrogen runoff, biodiversity collapse. Agriculture is not only a major source of methane and nitrous oxide, but its degradation strips away natural buffers that once absorbed shocks, stabilized local climates, and protected communities from cascading economic disruption. Venture capitalist Ibrahim AlHusseini, founder of FullCycle puts it bluntly: 'Declines in staple crop yields will drive structural disruption across the food system. Insurance models aren't accurately pricing yield risk, and agri-finance exposure is heavily concentrated in vulnerable regions. A sudden repricing could ripple through commodities, food company valuations, and sovereign debt markets.' Markets also fail to price in tail risks, like multi-year droughts or concurrent crop failures in key regions. Climate volatility is accelerating, with swings between drought and deluge (what climate scientist Daniel Swain has called hydroclimate whiplash) becoming more common. These events disrupt yields, strain supply chains, and destabilize inflation metrics. Max Dugan-Knight, who leads research on extreme weather and climate change's impact at Canada's Deep Sky Research, warns that markets are still failing to price in long-term tail risks, even as the probability of extreme events like crop failure-inducing heatwaves has increased twentyfold. He adds: 'Both extreme heat waves and prolonged drought are major risks for the agricultural sector and neither have been properly reckoned with by financial markets. These risks operate on a long time horizon, and markets are still primarily responding to short-term price signals.' Without models that reflect these interconnected risks, capital continues to flow toward systems that accelerate ecological breakdown. Some versions of the SCC place climate damages as low as $50 per ton, but models that factor in food system collapse push it toward $200–$400. Until these tools evolve, financial markets will remain blind to one of the most significant systemic threats of the century. Food system risk is not just mispriced, it's misgoverned. It falls between the cracks of institutional responsibility, where no single actor sees or manages the full picture. Treasuries tend to treat food shocks as a humanitarian issue, while central banks ignore it in inflation forecasts. Many investors think of agriculture in ESG terms, rather than integrating it into mainstream risk models or financial decision-making. Meanwhile regulators often treat food supply chains as private logistics problems, not strategic infrastructure. The 2025 G7 Finance Ministers' communiqué, for example, made no mention of food systems, insurance risk, or agriculture's exposure to climate volatility, despite clear evidence that food prices drive inflation, trade imbalances, and sovereign credit stress. As Francisco Martin-Rayo, chief executive of climate risk platform Helios warns, 'The G7 keeps talking about climate in abstractions, but they're dodging the real problem: our global food system isn't adapting.' He adds, 'Delay means stranded irrigation infrastructure in failing regions, collapsing crop insurance pools, and escalating sovereign credit risk tied to food volatility. Even with adaptation, wheat and maize are projected to drop 30–40% by century's end. That's not a future risk, that's an underwriting crisis in motion.' This isn't just a public policy failure; it's one of market design. Financial models still favor short-term yield over long-term resilience, and risk management tools lag behind today's climate reality. The climate-driven insurance retreat is already underway, but asset repricing lags. This mirrors the U.S. housing market, where insurers pulled out of climate-vulnerable areas long before home prices reacted. As Max Dugan-Knight of Canada's Deep Sky Research explains, 'In both real estate and agriculture, insurance becomes most important right when it also becomes most expensive. Only a very developed and robust insurance market can survive rapid changes in levels of risk. Failures in the insurance market do not stay within insurance. They soon impact broader financial markets.' Food systems may be on a similar path, where insurers act early, but capital markets respond only once the consequences are too large to ignore. In 2025, The Grocer published a letter from 20 senior UK food executives warning that just-in-time supply chains, short-term contracts, and siloed oversight are leaving the sector unfit for climate shocks. Their call: treat food security as critical infrastructure and build systemic resilience before the next collapse. A New Framework For Risk And Resilience The global financial system remains structured around assumptions of abundance and stability, but the food system is now becoming an active vector of volatility. Dugan-Knight observes, 'Food price increases are already happening, but distinguishing climate impact from tariffs and general inflation is difficult. Financial actors may be tempted to write it all off as temporary, ignoring the growing underlying climate risk.' To avoid another crash born of ignored risk, finance and policy leaders must treat food systems as financially material, not a background variable. That means revising credit and insurance models, investing in soil and water resilience, and funding diversified food systems that can withstand disruption. The parallels to the 2008 housing crisis are hard to ignore. There, systemic fragility was masked by financial models that failed to capture real-world risk. Food may be next. Without decisive action, climate-driven shocks to the food system could ripple outward, triggering broader financial contagion. Ensuring stability will require building climate-resilient food systems, an imperative that financial markets can no longer afford to overlook.
