New York governor Kathy Hochul will today (Monday) launch an 88-person exploratory committee to report on the feasibility and challenges of a formal bid to host the Winter Olympic Games, according to people with knowledge of the announcement who spoke anonymously as they were not authorized to do so publicly.
The potential bid would see New York City and Lake Placid partner to host the 2042 edition.
Earlier this year, Gov. Hochul told The Athletic that "significant" meetings had taken place as she seeks to return the Winter Olympics to New York state for the first time since 1980, which is best remembered for the Miracle on Ice when the U.S. hockey team defeated the Soviet Union. Gov. Hochul, while announcing the committee today, will also announce a $2.5 million funding commitment to create a monument in Lake Placid in honor of the Miracle on Ice team.
The Lake Placid-New York City Olympic & Paralympic Winter Games Exploratory Committee will have an eight-strong leadership group, which will include Ashley Walden, the president and CEO of the Olympic Regional Development Authority, as well as representation from the offices of Senators Chuck Schumer and Kirsten Gillibrand (both Democrats), sources said. It will also include Julie Su, appointed deputy mayor for economic justice of New York City by mayor Zohran Mamdani, as well as Hope Knight, the president of Empire State Development, the New York state economic development arm.
There is a 16-member sub-committee on finance, which includes John Collins, co-owner and operating partner of the New York Islanders, and Josh Cohen, the son of New York Mets owner Steve Cohen, who works as the team's vice president of business development. Randy Levine, the owner of the New York Yankees, is one of 12 members of a legal sub-committee, which also includes Robert Landau, the executive vice-president of NBC Universal, the long-time broadcaster of the Olympics in the United States.

#city

Hayden Panettiere's daughter Kaya has made a rare appearance at a court hearing alongside her father, Wladimir Klitschko, following her mother's death.
The 11-year-old joined remotely on Thursday, October 8, briefly appearing on camera to confirm her identity and that her father was with her. Wladimir remained off camera during that exchange.
The hearing marked a significant step in the former boxer's efforts to protect the inheritance of his only child with the late actress.
Wladimir shared this sweet photo of him, Hayden, and their daughter, Kaya (@ Instagram)
Judge Stephanie Santoro granted Wladimir temporary guardianship of Kaya's estate, giving him legal authority to safeguard her financial interests while arrangements for administering Hayden's estate continue.

#camera

President Donald Trump's portfolio managers bought as much as $30 million in Meta stock and ******* eX debt in August as purchases made in his name continue to be highly active.
A newly released financial disclosure shows more than 500 securities transactions in August, including up to $25 million in Meta stock and $5 million in ******* eX debt. His portfolio also invested in AT&T, Netflix and Chevron. In contrast, he sold shares of Advanced Micro Devices, T-Mobile, Dell Technologies and Nvidia.
Democrats have criticized moves made by the president's portfolio managers in the past. Sen. Elizabeth Warren and Rep. Robert Garcia sent a lengthy letter to Trump in August, saying they want to know who are the money managers in charge of his investments.
"One ******* ysis estimates that you reported more than 14,000 stock trades, worth up to $1.06 billion during your first year in office. The total is likely higher as these reports don't even include transactions worth less than one thousand dollars," reads a passage of the letter.
"The sheer volume of this trading activity and the timing of a number of transactions, raise questions about whether you are using your knowledge of government activities, your official authority, or the vast megaphone provided by the Presidency to make investments or move markets to your personal benefit—and about whether you have been making decisions that boost your portfolio at the expense of taxpayers, the economy, and national security," it adds.

#million #Stock

Mckenna Grace just took method dressing to a new level. The actress wore a recreation of one of Jennifer Lawrence's gowns from the film "The Hunger Games: Catching Fire" on Tuesday night for the "Elegance Is Authority: The Story, Style and Power of Panem" exhibition at Musee Rodin in Paris on Tuesday night.
Mckenna Grace
The actress turned to designer Monique Lhuillier for the recreated gown, which referenced Katniss Everdeen's wedding dress, created by costume designer Trish Summerville in collaboration with Tex Saverio, in the 2013 film, an adaptation of the young adult book series of the same name by Suzanne Collins.
More from WWD
Queen Letizia's Pertegaz Power Suiting Moment Gets a Dose of Plumage

#grace #tuesday #film

There's zero chance that Halle Berry and ex-husband Olivier Martinez will reach a compromise amid their battle over 13-year-old son Maceo, a source tells Star.
"The hatred between these two is off the charts," reveals the source. "There's years and years of ugly history."
On Thursday, October 1, People reported that the Unfaithful actor, 60, was granted a temporary restraining order against the Oscar-winning actress, 60, as well as modified visitation after he accused her of physically abusing Maceo.
"Olivier's accusing Halle of being dangerous and saying he needs to protect their son from her, which is something she vehemently denies," reveals the source. "She's furious and says all Olivier is doing is trying to alienate her son from her."
In documents obtained by Star, the Monster's Ball actress asked that their former custody agreement, which grants her 50/50 custody and tie-breaking authority, be reinstated and that Martinez be forced to attend court-ordered therapy sessions.

#star #actress

Halle Berry is asking a Los Angeles court to restore the 50/50 custody arrangement she previously shared with ex-husband Olivier Martinez, alleging that their 12-year-old son, Maceo, returns from time with his father "angry and combative."
She is also asking to regain the tie-breaking authority she held under the 2023 agreement and wants the court to require Martinez to attend their ordered therapy sessions. Those requests put decision-making power and the stalled co-parenting process back at the center of the dispute.
Berry's filing arrives days after Martinez sought sole custody and obtained a temporary restraining order against her over allegations that she physically abused their son. Berry has strongly denied those accusations, turning the former couple's long-running co-parenting dispute into an even more complicated court battle.
ZUMAPRESS.com / MEGA
According to PEOPLE, Berry alleged that Martinez has repeatedly tried to align Maceo with him and against her when disagreements arise over their son's life.

#martinez #custody #parenting

Gov. Gavin Newsom on Saturday signed legislation to increase security for the state's voting systems and protect Californians' ability to cast ballots in an effort to guard against potential interference in the Nov. 3 election, including by the Trump administration.
Newsom pointed to the Trump administration's recent effort to restrict mail-in voting through the U.S. Postal Service, which was struck down by the U.S. Supreme Court, and the presence of federal monitors at California polls last year as evidence that Trump "will continue his efforts to interfere with the November election."
"Donald Trump won't stop until he can exert dictatorial control over your free vote and disenfranchise millions of people this November. California will stop him at every opportunity," Newsom said in a statement. "We have no bigger task than fighting to protect the right to vote from interference and meddling — the future of democracy is on the line. These bills today build upon the wall California has built to safeguard our electoral process."
The governor signed the package of bills at the ****** anese American National Museum in Little Tokyo, where a year earlier federal agents gathered outside a political rally he was hosting. Then-Border Patrol Sector Chief Gregory Bovino, who had been leading the immigration operations in California, was among those outside the event, joined by agents in helmets, camouflage, masks and holding guns. Newsom described their presence as political intimidation.
One bill Newsom signed Saturday cites efforts to "weaponize law enforcement authority for political purposes," including Republican "Sheriff Chad Bianco's seizure of ballots in Riverside County," and the election monitors sent by the U.S. Justice Department to polling sites in five counties during a 2025 special election on redistricting.

#political

Data center developer Crusoe said Thursday it raised $3.9 billion in a Series F round that pushes its valuation to $30.9 billion. The massive round was co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners. Founders Fund, GIC, Nvidia, Qatar Investment Authority (QIA), Radical Ventures, and TPG also participated, according to Crusoe.
Crusoe also announced three new board members, including Cloudflare CFO Thomas Seifert; Bill Stein, partner and CIO at Primary Digital Infrastructure; and Redwood Materials founder and CEO JB Straubel, who also sits on Tesla's board. Straubel already has ties to Crusoe; he personally invested in the company in 2021, and Crusoe later became the first customer of Redwood's energy storage business.
The eight-year-old company's fresh capital infusion will help finance existing data center projects, including a large site in Abilene, Texas, used by OpenAI, as well as smaller, modular AI factories that can be transported by truck and connected to large power sources almost anywhere.
By manufacturing these modular data centers, called Spark, at its own facilities, Crusoe can deploy compute capacity quickly and without the need for large construction workforces. The smaller centers could also help Crusoe sidestep, at least in part, another major obstacle facing data center developers: backlash from local communities protesting massive complexes near their neighborhoods.
Crusoe co-founder and CEO Chase Lochmiller, who is pictured above, said in a statement he believes AI will usher in an era of abundance, but to get there will mean "controlling the infrastructure from electrons to tokens, and we're grateful to have investors who share that conviction."

#straubel #round

Logistic Properties of the Americas (NYSEAMERICAN:LPA) moved closer to selling Parque Logístico Lima Sur after Peru's antitrust authority, INDECOPI, approved the transaction on September 11. FIBRA Prime would acquire the entire 1.3-million-square-foot logistics park for $145 million. Customary administrative closing matters remain outstanding.
Management expects approximately $85 million of net proceeds after debt repayment and before taxes, with Mexico the intended destination. Approval advances the financing of that expansion, while the investment case rests on replacing an established income stream.
Lima Sur generated $10.3 million of cash net operating income, or cash NOI, during the 12 months ended March 31, 2026. Cash NOI is a company-defined non-IFRS measure of property income after operating expenses, adjusted to remove straight-line rental accounting. It excludes corporate overhead, financing costs, income taxes, and other non-property items.
Logistic Properties of the Americas (NYSEAMERICAN:LPA) has demonstrated an ability to develop, lease and operate logistics ***** ets. Second-quarter revenue increased 26.1% to $14.7 million, while stabilized portfolio occupancy reached 100% as of June 30.
Mexico already contributes revenue. Two properties acquired in Puebla in August 2025 generated approximately $0.5 million during the second quarter. That provides an operating foothold for deploying proceeds.

#cash #logistic #nyseamerican #Mexico

The top Democrat on the Senate Foreign Relations Committee has exercised a hold on a $2.8 billion weapons sale to Israel, The Hill has learned, allying with her counterpart in the House and underscoring deep mistrust with the Trump administration and Israeli government.
Sen. Jeanne Shaheen (D-N.H.) has expressed frustration that Israeli Prime Minister Benjamin Netanyahu has done nothing to address concerns from, specifically, Democratic lawmakers over the high civilian death tolls in Gaza, Israel’s bombing in Syria and escalating violence against Palestinians by extremist Israeli settlers in the West Bank.
The weapons package includes 40,000 one-ton bombs, munitions that the former Biden administration held back from sending to Israel for its indiscriminate destruction, contributing to the high death toll in the Gaza Strip.
An estimated 70,000 Palestinians were killed over the course of the three-year war between Israel and Hamas, according to Palestinian health officials, but that does not distinguish between militants and civilians.
Shaheen, as the top Democrat on the Senate Foreign Relations panel, has authority to hold back the Trump administration from moving ahead on weapons sales over a certain dollar amount. It’s generally an informal consultative process, where the State Department works to address a lawmaker’s concerns and get the green light before moving ahead on the arms sale.

#Israel #israeli #weapons #democrat

Circle Internet Group, Inc. (NYSE:CRCL), issuer of the dollar-backed USDC stablecoin, announced on September 8 an agreement to acquire Singapore-based Tazapay, which serves payment providers and financial institutions.
Circle Internet Group, Inc. (NYSE:CRCL) agreed to pay approximately $400 million in Class A common stock, subject to adjustments for debt, cash, and transaction expenses. Separately, the agreement provides for $25 million of post-closing employee restricted stock unit awards.
As of July 31, 2026, Tazapay had more than $25 billion of annualized payment volume, over 60 banking and fintech partners, and payout capabilities across more than 100 markets. Approximately 60% of transaction volume involves stablecoins; USDC's share was not specified. Payment volume represents funds processed, not revenue.
Closing is expected in 2027, subject to customary conditions and regulatory approvals, including approval from the Monetary Authority of Singapore.
Tazapay would strengthen the connections between digital dollars and local bank payments. Within the Circle Payments Network, originating institutions can convert funds into stablecoins for settlement, while receiving institutions convert them into local currency and pay recipients. Merchants can benefit without requiring every customer or supplier to hold tokens.

#tazapay

The House of Representatives on Tuesday passed a bipartisan bill aimed at shielding Americans from increased electricity costs **** ociated with data centers being built across the country.
The Ratepayer Protection Act, which passed with an overwhelming 417-3 majority, "ensures American families are not left footing the bill for the grid upgrades and new energy generation required to operate large data centers," Republican Rep. Gabe Evans, one of the bill's sponsors, said ahead of the vote.
The bill now moves to the Senate, where its prospects of passing are uncertain.
The Ratepayer Protection Act is the first major piece of legislation taken up by Congress to address the growing public discontent over the mass buildout of data centers among the American public. Even if it passes, though, it won't directly set the rates that data center operators pay for their electricity.
Congress doesn't have the power to compel utilities to set higher rates for the facilities. Only states have that authority. What the Ratepayer Protection Act would do is compel state utility regulators to consider adopting a federal standard under which large data centers would cover the extra costs of upgrades. The bill is comparable to a proclamation signed by President Trump earlier this year that established a similar voluntary pledge for tech companies.

#passed

On August 14, the Pentagon announced framework agreements with The Boeing Company (NYSE:BA) and RTX Corporation (NYSE:RTX) to increase component production for the SM-3 Block IIA and SM-3 Block IB interceptors. Both agreements are intended to increase the output of a group of ship-fired, surface-to-air interceptors that serve as the foundation for the Aegis Ballistic Missile Defense System, the sea-based shield used by the US Navy to intercept ballistic missiles.
The announcement had little impact on the shares of both companies, with The Boeing Company (NYSE:BA) down around 0.4% and RTX Corporation (NYSE:RTX) down about 1% during the day.
RTX Corporation (NYSE:RTX) alone inked five separate Pentagon deals earlier this year to greatly boost output of Tomahawk cruise missiles, AMRAAM air-to-air missiles, and the Standard Missile family, with Tomahawk production expected to increase sixteenfold, from approximately 60 to 1,000 units per year.
Congress has provided financial support for the effort. The 2026 defense spending bill provided multiyear procurement authority for eight critical munitions and more than $6.3 billion for 13 critical munitions, while the Pentagon's fiscal 2027 budget request calls for roughly $95 billion in missile procurement.
Rising tensions with Iran have added urgency to rebuild US missile inventories. During the June 2025 12-day Israel-Iran war, US forces reportedly used more than 150 THAAD interceptors. This highlights the pressure that sustained conflict can place on American missile-defense stockpiles.

#missile #corporation #missiles #pentagon

Wednesday’s Senate confirmation hearing wasn’t the first time much of the American public met Dr. Nicole Saphier and heard her perspective; President Donald Trump’s nominee for US surgeon general is a health and wellness influencer who has amassed hundreds of thousands of followers through her podcast and social media platforms.
In some ways, the surgeon general position – often referred to as the nation’s doctor – is the original health influencer, tasked with translating science into terms that are easy to understand and guiding the public on ways to improve their health.
“For a decade, I have specialized in translating complex, fast-evolving medical information on various media platforms into content that millions of Americans can understand and use, including during the uncertainty of the global pandemic,” Saphier, a radiologist and Fox News contributor, said in Wednesday’s hearing.
“I realized then how badly this country needs public health communication that is straightforward and grounded in the best evidence available,” she said. “My years of communicating directly with the public have prepared me to explain complex topics in a way that they can understand.”
But experts say that social media has changed how people receive health information, with increasingly blurred lines as to who is considered to have authority and expertise – and that bringing an influencer into the role of surgeon general presents both opportunities and challenges.

#public #saphier #hearing

By Tom Hals
WILMINGTON, Delaware, Sept 15 (Reuters) - As U.S. President Donald Trump seeks to crack down on what he says is widespread illegal voting by noncitizens, several people charged with that crime are trying a novel strategy to get their cases dropped.
Five people being prosecuted in separate federal cases in Miami and Madison, Wisconsin, have ‌argued for the first time in court that the 1996 law used to charge them is unconstitutional, according to a Reuters review of court filings.
A ruling for the ‌defendants, which could come before the November 3 midterm elections, would raise questions about the federal government's authority to prosecute noncitizen voting cases. The Trump administration has pushed to deport noncitizen voters, raising the stakes for defendants who previously faced as little as a $150 fine if convicted.
The defendants were accused of violating the federal "Voting by Aliens" statute enacted three decades ago. The law makes it illegal for noncitizens to vote in federal elections, and violators can be fined up to $100,000 or imprisoned for up to a year.

#cases #people

Three and a half years of freight recession did two things to the truck financing market at once. It shredded the credit profiles of the carriers who most needed to borrow. It also pushed a large share of the lenders who would have lent to them out of the sector. Both are now rationing the equipment replacement cycle the industry has spent two years waiting on.
Kirk Mann stayed in. As executive vice president and general manager of the transportation vendor solutions business at Mitsubishi HC Capital America, he financed trucks through the entire downturn and watched a great many of them come back.
"There are a lot of lenders, banks that left, and so we've had the benefit of being one of the lenders actually lending money in this ****** e," Mann said in an interview with FreightWaves. What competition remains is mostly OEM captive finance arms, a couple of large independents and a few bank-led groups, he said.
The carriers that did not survive were overwhelmingly the newest. On average, 85% of motor carriers with fewer than two years of operating experience and their own operating authority failed over a three-year stretch of the downturn, Mann said.
Back in January 2023, Mann sat in Mitsubishi HC Capital's Chicago offices with Wayne Pass, the company's chief credit officer for vendor solutions, since retired. He asked what a Freightliner Cascadia 13-speed with a tall sleeper and fewer than 500,000 miles was worth. Both men wrote down $45,000. Mann then asked what the company was financing those trucks at. About $110,000.

#mitsubishi #back #financing #large

On August 5, Clear Channel Outdoor Holdings Inc. (NYSE:CCO) reported second-quarter results that showed the billboard and airport advertising company accelerating just as it prepares to leave the public markets. On February 9, Clear Channel agreed to be acquired by an investor consortium advised by Mubadala Capital for $2.43 per share, a deal stockholders approved on May 12, and one expected to close by the end of the third quarter of 2026. Because of the pending Merger, Clear Channel skipped its usual earnings call and offered no forward guidance.
Consolidated revenue climbed 8.7% to $438.0 million in the quarter and 10.2% to $811.9 million over the first half, with the 2026 FIFA World Cup pulling in extra advertising spend across both of Clear Channel's segments. The America division, which houses the roadside billboard and street furniture business, grew revenue 7% to $324.3 million as demand from technology advertisers in the San Francisco/Bay Area market broadened out and digital billboard revenue rose 7.2% to $122 million. Airports revenue jumped 14% to $113.6 million, helped by strong demand at San Francisco
International Airport and digital sales that climbed 15.6% to $73.4 million, with national advertisers now accounting for 57.8% of that segment's revenue. Profitability grew even faster than the top line. Adjusted EBITDA rose 11.6% to $143.4 million for the quarter and 19% to $247.3 million for the first half, while Airports Segment Adjusted EBITDA jumped 22.8% to $29.9 million. Adjusted Funds From Operations climbed 61.6% to $44.9 million in the quarter, and for the first half it went from just $5 million a year ago to $51.5 million. On August 4, Clear Channel also closed the sale of its Spain business for about $132.3 million, proceeds it plans to put toward paying down debt.
The growth did not reach the bottom line. Clear Channel posted a loss from continuing operations of $10 million in the quarter, reversing a $6.3 million profit a year earlier, and the consolidated net loss came to $5 million versus net income of $10.6 million in the same period of 2025. Over six months, the loss from continuing operations widened 21.4% to $59.4 million. Costs rose alongside revenue. Direct operating and SG&A expenses increased 5.9% for the quarter, and Airports site lease expense alone jumped 12.0% to $67.1 million on higher minimum guaranteed payments and the renewed contract with the Metropolitan Washington Airports Authority.

#channel #revenue #airports #operations

Dolly Parton and Tennessee go hand in hand. Dollywood already draws tourists who love her music. But the state has officially decided to honor her by changing the name of Nashville International Airport so every traveler will be familiar with her name.
TMZ reported that the Metropolitan Nashville Airport Authority voted unanimously on Sept. 11 to proceed with the name change. Airport officials are hoping to work with the country legend's estate on potential merchandise and licensing revenue.
The "Jolene" songwriter created another tourist hotspot before her death. Dolly Parton's Songwriter Hotel and museum opens in October 2026. The museum covers every decade of her life. Of course, there is a music venue on a different floor. Then there is a separate lounge for more live music called "Joelene's" and a cafe.
ZUMAPRESS.com / MEGA
"I am so proud of this," Parton told PEOPLE. "We found this location early one morning. I knew I wanted to do something special in Nashville, and until I saw this building, nothing ever hit me as the right thing to do."

#name #every

All six board members from the Metropolitan Nashville Airport Authority have voted to rename Nashville International Airport after Dolly Parton. The unanimous decision is the first step in the rebranding process, which will continue to unfold in the coming months, the MNAA said.
"While a final name has not yet been determined, we are working closely with the appropriate parties to thoughtfully determine how Dolly Parton's name and legacy will be incorporated," the MNAA said in a statement. "This vote represents the first step in a multifaceted process. In the coming months, we anticipate having more definitive plans to share regarding the next steps and implementation."
More from Rolling Stone
Hear Dolly Parton's First Posthumous Song - From a New Stanley Brothers Tribute Album
This Keepsake Dolly Parton Coin Is a Golden Tribute to the 'Queen of Country Music'

#nashville #step #coming

In Dolly Parton's own words, locals and travelers alike could soon be "departin' from Nashville's D. Parton."
The Metro Nashville Airport Authority Board of Commissioners voted unanimously on Friday, Sept. 11 in favor of a rule change to allow the renaming of Nashville International Airport in honor of the legendary Dolly Parton, who died in Nashville on Aug. 25 at 80 years old.
It's the first formal step in what is expected to be a lengthy process, but the support of airport executives, board members and elected officials gives the effort significant momentum.
The vote authorizes airport President and CEO Doug Kreulen to immediately begin work on implementing the change. In his report to the board, Kreulen said he had a "very productive" meeting with the Parton family on Sept. 9 and will continue to work closely with them in the planning and implementation process.
The exact name is not yet decided, but Dolly Parton Nashville International Airport is one option, he said. According to the timelines of similar airport changes, it could be about a year before an official name change ceremony takes place.

#dolly #kreulen

Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributes the sequential improvement in comparable sales to enhanced digital conversion and the successful scaling of private brand franchises like THERMACHILL.
The company is navigating a structural shift in customer behavior driven by GLP-1 medication adoption, which has led to temporary pauses in apparel purchasing during weight loss journeys.
Performance was significantly bolstered by a $4.6 million IEEPA tariff refund, which masked a 70 basis point decline in underlying merchandise margins caused by higher markdowns and shipping surcharges.
Strategic focus has shifted toward 'Fit Authority' through the FITMAP initiative, which has scanned 150,000 customers and resulted in higher average order values and lower return rates.

#performance

WASHINGTON (AP) — Donald Trump's pitch to send Americans $5,000 checks should Republicans prevail in the November midterms is drawing scorn from some members of Congress — the very people who have constitutional authority over federal spending.
Economists and other political observers are voicing concerns about the potential effects on inflation and the national balance sheet. Taken together, it's a swift reaction that makes clear that Trump's dubious election-year gambit is likely little more than another grand promise from a politician with a long history of them.
"Donald Trump is a known liar. This is the biggest liar to ever serve in government. Period," said Rep. Robert Garcia, a California Democrat who was in Dallas on Thursday as part of his party's effort to counter Republicans' midterm convention. "The dividend is not happening."
Trump previously pledged to use savings from the Department of Government Efficiency and revenue from tariffs on foreign imports to distribute payments of $2,000 or more, but none of that came to pass.
His latest idea comes as the U.S. economy is reckoning with persistent inflation and rising interest rates, two forces that have politically undermined Republicans after previously helping them reclaim power from Democrats. Trump claimed the payments would be possible because of the economy's strength, yet consumer sentiment is weak as gasoline prices are increasing because of the war with Iran and wages are struggling to keep pace with inflation.

#inflation

Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Performance was anchored by the 'Reimagined 200' stores, which outperformed the broader fleet by 80 basis points, validating the strategy of enhanced staffing and curated ***** ortments.
Bloomingdale's achieved its highest second-quarter sales volume in its 154-year history, driven by a 1,700 basis point step-change on a two-year stack as it captures market share in premium and luxury segments.
Management attributed the 9% increase in Average Unit Retail (AUR) to a deliberate shift toward 'fashion authority' positioning, prioritizing better/best brand tiers over high-volume, low-margin units.
The company successfully leveraged enterprise-wide capabilities, such as Macy's is leveraging its marketplace business to fill white-space opportunities, while dermatological skincare brands like SkinCeuticals drove growth at Bluemercury.

#volume #year #management #average

On August 4, Essential Utilities (NYSE:WTRG) reported second-quarter results that read like two different stories stapled together. Revenue climbed, the dividend grew for the 36th time in 35 years, and the merger with American Water inched closer to the finish line. But earnings per share actually dipped from a year earlier, and the company had to strip out merger costs just to show flat profitability. For a utility this steady, that split is worth a closer look.
Essential's regulated water segment posted revenue of $357.5 million in the quarter, up 7.6% from $332.3 million a year earlier, and the whole company's first-half revenue climbed 7.2% to nearly $1.4 billion. Much of that growth came from rate cases: state regulators approved $43.9 million in new annual water revenue across Pennsylvania, Illinois, Ohio, North Carolina and Indiana, plus $12.7 million more for the gas business in Kentucky and Pennsylvania. Another $79.7 million in water rate requests and a $163.2 million gas case in Pennsylvania, tied to replacing aging pipelines, are still working through the process.
The company keeps buying its way into new customers, too. In May, it closed a $4.9 million wastewater deal in Bastrop County, Texas, and it has signed agreements worth roughly $282 million to add over 200,000 more customers in Pennsylvania, Texas, North Carolina and New Jersey, including the $276.5 million purchase of Philadelphia-area sewer authority DELCORA. Since 2015, acquisitions have added more than 138,000 customers to Essential's base.
Layer on the pending American Water merger, which cleared Virginia and Ohio regulators this year after nearly unanimous shareholder approval in February, and Essential is positioning itself as a much larger multi-state utility by early 2027. The board's decision to raise the dividend 5.25% to $0.3606 per share, continuing a streak of 36 increases over 35 years, signals confidence that this growth is durable.
Look past the top line and the picture gets less flattering. Second quarter net income actually fell to $105.7 million from $107.8 million a year ago, pulling GAAP earnings per share down to $0.37 from $0.38. Essential had to report an adjusted $0.38 figure just to exclude merger-related costs and show earnings roughly matching last year's. The slide is sharper over six months: net income dropped to $330.1 million, or $1.16 per share, from $391.6 million, or $1.41 per share, in the first half of 2025.

#water #pennsylvania

The SEC dared LSU to play what it considers ineligible players before the Tigers' season opener.
Now, the conference is making clear just how seriously it views the dispute.
In an amended complaint filed in the U.S. District Court for the Northern District of Alabama, the SEC argues it has the authority to remove LSU from the conference it helped found in 1933.
What we're hearing: LSU leans into villain role; Nebraska's risky Matt Rhule bet
The filing cites the SEC Constitution, which grants the conference's chief executive officers "plenary power and authority with respect to all affairs of the Conference of any type or nature whatsoever," including the authority to take actions outlined in Article 3 at their "sole discretion."

#conference #district #alabama #constitution

Gary Player is someone who never shirks responsibility when it comes to speaking out about issues with the current state of the game.
Player enjoyed a fabulous career at the highest level of the sport, winning 159 times professionally worldwide, including nine major championships.
Because of that record, the diminutive South African has a certain authority when he speaks.
Gary Player is often highly critical of numerous issues with the modern-day game.
Photo by Richard Heathcote/Getty Images

#gary #issues #images

The first full weekend of college football is behind us and, man, there's a lot to unpack. There weren't many marquee games (one to be exact) but we learned a little bit. The off season noise seems to be just that, noise. Are there already coaches on the hotseat? Definitely. A conference has some explaining to do. Finally, look at all those quarterbacks. The draft next year will be historic.
BATON ROUGE, LOUISIANA - SEPTEMBER 05: Running back Dilin Jones #13 of the LSU Tigers is defended by safety Corey Myrick #22 of the Clemson Tigers during the first half of a game at Tiger Stadium on September 05, 2026 in Baton Rouge, Louisiana. (Photo by Tyler Kaufman/Getty Images)
"I want to announce my presence with authority!"- Nuke Laloosh
They were already dominating the news cycle but LSU threw a fastball to the ear flap of college football Saturday night. Lawsuits, injunctions, talk of expulsion all went by the wayside. As if all that wasn't enough, Mother Nature decided to prolong the mess with a two-hour weather delay. No matter, Lane Kiffin had the most prepared team in the country. Say what you will about Kiffin (and you can say plenty). He's smug, petty and can't resist poking anyone, anytime. He can also coach the ****** out of a football team and Saturday was Exhibit A. LSU made Clemson look absolutely inferior for 60 minutes, racking up 644 yards making everyone embarrassed for the ACC Tigers.
LSU was crisp, efficient, disciplined and out to make a point. They'll only get better. Sam Leavitt was the weak spot if you want to call it that. Yes, he ran and threw it all over the field but he had batted ****** , missed a few throws and had an interception. If this is his least efficient game of the season, put him on the Heisman watchlist now. I see LSU jumping a few teams when the rankings come out. Look for them around number six. LSU is coming.

#Football #september #saturday

The Australian Securities and Investments Commission (ASIC) is reviewing 551 allegations of potential audit malpractice spanning 'Big Four' accountancy practices.
According to a Reuters report, ASIC chair Sarah Court stated in a hearing that each matter will be evaluated individually before the authority decides whether to initiate formal investigations.
The broad ******* sment comes as the four companies – KPMG, PricewaterhouseCoopers (PwC), Deloitte and EY – face sustained scrutiny over misconduct.
ASIC enforcement and compliance executive director Chris Savundra was quoted by the news agency telling a parliamentary committee: "It is around 551 complaints at this stage, noting that our work is at an early stage and we will follow the trail.
"So in response ‌to ⁠that material, we will then issue notices for further information, so that number might grow."

#securities

On August 4, Essential Utilities (NYSE:WTRG) reported second-quarter results that read like two different stories stapled together. Revenue climbed, the dividend grew for the 36th time in 35 years, and the merger with American Water inched closer to the finish line. But earnings per share actually dipped from a year earlier, and the company had to strip out merger costs just to show flat profitability. For a utility this steady, that split is worth a closer look.
Essential's regulated water segment posted revenue of $357.5 million in the quarter, up 7.6% from $332.3 million a year earlier, and the whole company's first-half revenue climbed 7.2% to nearly $1.4 billion. Much of that growth came from rate cases: state regulators approved $43.9 million in new annual water revenue across Pennsylvania, Illinois, Ohio, North Carolina and Indiana, plus $12.7 million more for the gas business in Kentucky and Pennsylvania. Another $79.7 million in water rate requests and a $163.2 million gas case in Pennsylvania, tied to replacing aging pipelines, are still working through the process.
The company keeps buying its way into new customers, too. In May, it closed a $4.9 million wastewater deal in Bastrop County, Texas, and it has signed agreements worth roughly $282 million to add over 200,000 more customers in Pennsylvania, Texas, North Carolina and New Jersey, including the $276.5 million purchase of Philadelphia-area sewer authority DELCORA. Since 2015, acquisitions have added more than 138,000 customers to Essential's base.
Layer on the pending American Water merger, which cleared Virginia and Ohio regulators this year after nearly unanimous shareholder approval in February, and Essential is positioning itself as a much larger multi-state utility by early 2027. The board's decision to raise the dividend 5.25% to $0.3606 per share, continuing a streak of 36 increases over 35 years, signals confidence that this growth is durable.
Look past the top line and the picture gets less flattering. Second quarter net income actually fell to $105.7 million from $107.8 million a year ago, pulling GAAP earnings per share down to $0.37 from $0.38. Essential had to report an adjusted $0.38 figure just to exclude merger-related costs and show earnings roughly matching last year's. The slide is sharper over six months: net income dropped to $330.1 million, or $1.16 per share, from $391.6 million, or $1.41 per share, in the first half of 2025.

#million #revenue #merger #year

It has been a tough year for NuScale Power (NYSE: SMR). Shares have fallen nearly 40% since 2026. One Wall Street **** yst remains unfazed.
In early August, Rinny Singh, an **** yst at Bank of America, reiterated her buy rating on SMR stock, setting a share price target of $12, implying roughly 24% upside over the next 12 months.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Why does Singh remain so bullish despite recent share price weakness? Her bull thesis comes down to one key catalyst -- a catalyst that may soon receive some much-needed momentum.
Singh's bull thesis on NuScale stock largely comes down to one critical factor: Can NuScale convert its customer pipeline into revenue-generating projects? The biggest mover from this perspective is the company's 6-gigawatt (GW) project with its financing partner, ENTRA1, and utility provider, the Tennessee Valley Authority (TVA).

#NVIDIA #analyst #Share #price