SEOUL, Sept 20 (Reuters) - North Korea launched two missiles off its eastern coast on Sunday, its second set of tests in roughly a week and days after Pyongyang accused the ‌US of driving tensions on the Korean Peninsula through a series of military drills.
Just three hours ‌after launching a short-range ballistic missile (SRBM) toward the East Sea on Sunday afternoon, North Korea fired another short-range ballistic missile, according to South Korea's defence ministry.
If the subsequent launch is confirmed to be a ballistic missile, it will mark two consecutive ballistic missile tests by North Korea within a three-hour window.
South Korea's Joint Chiefs of Staff said it detected the first test firing from the Wonsan area around 3 p.m. (0600 GMT), identifying the weapon as a ‌ballistic missile. ***** an's defence ministry also said ⁠it appeared to be a ballistic missile.
Japanese public broadcaster NHK said the projectile had come down outside ***** an's exclusive economic zone.

#sunday

Nvidia (NASDAQ: NVDA) is one of the most successful stocks in history. Since launching its IPO in 1999, the stock has earned unprecedented returns, especially considering the 27-year time frame. So high are the gains that an investment of $1,000 at that time would deliver millions.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ****** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
The semiconductor stock launched its IPO on Jan. 22, 1999, at a split-adjusted price of $0.025 per share. At the time, that would have bought 40,000 split-adjusted shares worth $5.32 million. Add in the dividend income over that time, and the overall total grows to $5.70 million.
NVDA data by YCharts
Nvidia made its initial fortune as a leader in graphics cards. It later moved on to GPUs and, later, AI accelerators, which have made it an industry-leading chip stock. With that, it won the AI training race, or at least the first phase of it.

#missed #phase

Applied Materials (NASDAQ:AMAT) primarily generates its revenue by designing, developing, manufacturing, and selling the critical fabrication equipment, specialized factory automation software, and materials engineering solutions utilized to produce integrated circuits for customers globally.
While launching multiple new hardware systems to address technical production challenges in advanced memory scaling, it formalized a joint development agreement for augmented reality optics and reported a 34% operating margin for the quarter ended July 26, 2026.
Intel (NASDAQ:INTC) primarily generates its revenue by designing, developing, and manufacturing commercial central processing units, discrete graphics processors, and edge computing components, alongside operating its independent wafer fabrication and advanced packaging services.
It finalized a large-scale public common stock offering and confirmed pending organizational workforce reductions within its data center operations, while reporting a 12% operating margin for the quarter ended June 27, 2026.
Revenue establishes a fundamental baseline for investors seeking to measure the total incoming capital a business generates before any operating expenses, interest, or taxes are deducted. This metric reveals whether an organization is successfully attracting customers and growing its overall business volume over time.

#generates #primarily

The days of Meta Platforms (NASDAQ:META) being a laggard in cutting-edge technology may be over.
The social media giant's new personal AI agent, Muse, reached nearly 600,000 downloads in just its first five days after launching, according to data from SensorTower.
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 »
That puts Muse on a similar trajectory to ChatGPT, the breakthrough app that ignited the AI boom, and Muse could be a major disruptor as well.
Image source: The Motley Fool.

#signal #meta #flashing #NASDAQ

Interested in Ally Financial Inc.? Here are five stocks we like better.
Ally Financial reaffirmed its full-year net interest margin guidance of 3.6% to 3.7%, supported by balance-sheet growth in higher-yielding retail auto and Corporate Finance loans. However, about $20 million in third-quarter lease losses tied to recalled Stellantis vehicles is expected to keep sequential margin growth roughly flat.
Stellantis-related lease pressure is expected to persist through 2026 but ease in 2027 as Ally's lease portfolio becomes more diversified and protected leases begin to mature. Ally also reaffirmed its 2026 retail auto net charge-off guidance of 1.8% to 2%.
Ally reported growth across its core businesses, including a 7% year-over-year increase in deposit customers and roughly 25% loan growth in Corporate Finance since launching Focus Forward. The company maintained guidance for 3% to 5% average earning-asset growth and approximately 1% operating-expense growth while continuing capital returns.
OneMain's Yield Comes With a Catch

#year #stellantis

On September 9, 2026, Reuters reported that Meta Platforms, Inc. (NASDAQ:META) rolled out Muse, a long-touted AI agent that can autonomously send emails, sell a car, and book travel on a person's behalf, despite internal concerns among Meta's own employees that the technology mismanages access to sensitive personal data. The agent is modeled on the open-source system OpenClaw and available initially only in the U.S. through a dedicated app or WhatsApp. It is designed to access apps across email, calendar, payments, health, shopping, and smart-home categories as the centerpiece of CEO Mark Zuckerberg's "personal superintelligence" strategy.
Muse could give Meta Platforms, Inc. (NASDAQ:META) a new revenue stream beyond advertising by turning its massive user base into paying AI customers. The company launched Muse with a free tier and $20 and $100 monthly subscription options for heavier users. The agent can handle tasks such as sending emails, selling items, and booking travel. It gives Meta a direct way to monetize AI capabilities and diversify its revenue base.
The new AI agent could help Meta generate returns from its enormous AI infrastructure investment. Meta expects AI infrastructure spending to exceed $130 billion this year, increasing the importance of monetizing its AI capabilities. Meta can distribute Muse through WhatsApp and eventually connect it with smart glasses. It gives the company multiple ways to expand usage and build a broader consumer AI ecosystem.
Meta has strengthened Muse's safeguards before launching the product. It could support wider use. Meta delayed the launch from April to improve security and added an autonomous safety agent that monitors Muse's actions. Users can also control which apps Muse can access, while Meta plans an encrypted version. It gives the company a path to address security concerns as it expands the product.
Muse's security failures could damage consumer trust in a product that needs access to sensitive information. Internal testing uncovered an incident in which Muse exposed private iCloud photos. Employees also reported other security concerns. Such failures could discourage users from connecting email, payment, health, and other personal accounts, limiting subscription adoption and Meta Platforms, Inc. (NASDAQ:META)'s potential revenue from Muse.

#muse

Amazon raised minimum starting pay for its U.S. full-time core operations employees to $20 an hour on Wednesday, a $1-per-hour increase for front-line workers who sort, pack, and transport orders.
Amazon said the typical hourly rate for those workers climbs to nearly $24, and that when benefits are counted, total compensation comes out to more than $32 an hour. Amazon said its minimum starting pay has risen more than 17% over the past three years.
The announcement arrives as Amazon approaches the peak holiday shopping season. According to The Wall Street Journal, Amazon hired 250,000 full-time, part-time, and seasonal workers in advance of last year's holiday period.
Along with the pay increase, Amazon announced two new benefits. Beginning Oct. 1, all U.S. Amazon employees will receive a grocery discount — 10% off eligible groceries and everyday essentials on Amazon.com and Whole Foods Market online, and 20% off in-store at Whole Foods. The discount can be combined with existing Prime member discounts, the company said.
Amazon also said it is launching a banking benefit called Day 1 Financial, through which qualified employees and their families can obtain a lifelong membership in First Tech Federal Credit Union. The benefit includes accounts with no overdraft fees, no monthly maintenance fees, and no account minimums, as well as access to credit cards, auto loans, and home loans for those who qualify. The company said the rollout will start in late 2026, with broad availability expected in 2027.

#time #employees #credit #starting

On September 14, Dave & Buster's Entertainment (NASDAQ:PLAY) reported second-quarter fiscal 2026 results that read like two different companies at once. Revenue fell, and the company posted a net loss for the period ended August 4, yet comparable sales, which had been sliding for more than a year, kept getting less bad every month from June through the first five weeks of the third quarter. New CEO Darin Harper is betting that improvement compounds into something bigger.
The clearest evidence is the trend line itself. Comparable store sales fell 5.4% in the first quarter of fiscal 2026, then 2.9% in the second quarter, then just 1.6% in July after a 5% decline in June, and Harper said trends improved further over the first five weeks of the third quarter. Food and beverage sales are moving in the opposite direction entirely, up 7.6% in the quarter and positive for five straight quarters, helped by the Eat & Play Combo, a bundled meal and game credit offer sold through kiosks. Special event sales have now grown for seven consecutive quarters.
Behind that shift sits a rebuilt leadership bench. Dave & Buster's went more than a year without a chief marketing officer, and Harper has since added a CMO, a chief operations officer, a chief technology officer, and a chief legal officer since taking over. The company also leaned on new content, launching 10 games and attractions this year, including tie-ins with Mandalorian and Grogu, John Wick and Stranger Things, after research found more than 70% of guests said new games would bring them back more often. Changes to game pricing pushed play and dwell time up 16% to 20% or more. Six remodeled stores are already outperforming the rest of the chain, and management says the newest remodel template costs less to build than the last one. Net capital spending dropped to $127.6 million through the first half of the year from $155.4 million, and adjusted free cash flow swung to positive $19.5 million from negative $36.5 million, a $56 million improvement.
The headline figures were still rough. Total revenue slipped 2.4% to $544.1 million from $557.4 million a year earlier, and adjusted EBITDA dropped to $98.9 million, an 18.2% margin, from $129.8 million and a 23.3% margin. On a GAAP basis, the company posted a net loss of $12.5 million, or $0.36 per diluted share, versus net income of $11.4 million in the same quarter last year. About $15 million of the EBITDA decline came from items management calls non-normalized, including a $10 million noncash deferral adjustment that did not repeat this year, $3 million in extra preopening costs and $2 million in higher insurance expenses, but even stripped of those, the underlying decline was still roughly $16 million.

#year #first #harper #play

GENEVA (AP) — Human rights experts commissioned by the U.N.'s top human rights body say they have found "reasonable grounds" to believe the United States committed war crimes in two strikes in Iran, including on a school in the southern city of Minab.
The international fact-finding mission on Iran says the findings center on a pair of airstrikes that killed at least 178 civilians, including women and children.
At the start of the U.S.-Israeli war against Iran in February, at least one U.S. missile hit the Shajareh Tayyebeh school in Minab, according to an ****** ociated Press investigation. There has been no final accounting of what happened. Iranian state media have said 168 people were killed in the strike, most of them children.
"Following the United States and Israeli attacks on 28 February, the mission found reasonable grounds to believe the United States committed the war crime of launching indiscriminate attacks resulting in the loss of life or injury to civilians or damage to civilian objects," the fact-finding team said in a statement.
The Trump administration has yet to directly accept the blame or release findings of a Pentagon investigation into the school bombing.

#school

Carter's unveiled a new brand identity and marketing campaign on Tuesday, as the children's clothing company works to attract a younger generation of parents and build on a recent business turnaround.
The rebrand centers on a new brand promise — "Let every child's light shine" — and a refreshed logo in which a shooting star replaces the apostrophe in the Carter's wordmark, the company said. A new 60-second film called "Watch Them Glow" will debut across connected television as the first major marketing expression of the new direction.
Chief Marketing Officer Sarah Crockett told CNBC that the company sees a significant shift in its core customer base. Gen Z is expected to account for a large share of new parents over the next several years, according to Carter's, and those parents tend to let children make their own clothing choices and turn to social media for guidance.
"We had an opportunity to really tap into the values that parents are bringing into the household," Crockett told CNBC.
The new identity will begin rolling out across Carter's channels in 2026, with additional retail, product, and packaging elements to follow in 2027, the company said. Carter's is also launching a creator program called Light Makers, featuring voices across North America, and expanding partnerships with organizations including Outward Bound and Boys & Girls Clubs of America.

#parents #Marketing #cnbc #America

U.S. spot Bitcoin ETFs shed $450.4 million on Tuesday, their largest single-day outflow since June 24, according to Decrypt's Bitcoin ETF tracker.
ETFs, or exchange-traded funds, are products that let ordinary investors buy exposure to an ***** et, such as Bitcoin, through a regular brokerage account, without ever touching a crypto wallet. They've been extremely popular since first launching two years ago and have become a proxy for overall market sentiment as money flows in and out of them daily.
Fidelity's FBTC led the exodus Tuesday with $214.8 million pulled out. BlackRock's IBIT lost $161.7 million, Grayscale's GBTC shed $44.1 million, and ARK 21Shares and Bitwise's funds saw smaller withdrawals.
Ethereum ETFs bled another $142.3 million the same day, and XRP funds, smaller and newer, held flat after pulling in $11.3 million the day prior.
Combined, the three ***** et funds lost close to $593 million in a single session—the sharpest one-day pullback crypto ETFs have seen since June, when Bitcoin funds posted their worst month on record.

#million #etfs #since #tuesday

On September 14, Dave & Buster's Entertainment (NASDAQ:PLAY) reported second-quarter fiscal 2026 results that read like two different companies at once. Revenue fell, and the company posted a net loss for the period ended August 4, yet comparable sales, which had been sliding for more than a year, kept getting less bad every month from June through the first five weeks of the third quarter. New CEO Darin Harper is betting that improvement compounds into something bigger.
The clearest evidence is the trend line itself. Comparable store sales fell 5.4% in the first quarter of fiscal 2026, then 2.9% in the second quarter, then just 1.6% in July after a 5% decline in June, and Harper said trends improved further over the first five weeks of the third quarter. Food and beverage sales are moving in the opposite direction entirely, up 7.6% in the quarter and positive for five straight quarters, helped by the Eat & Play Combo, a bundled meal and game credit offer sold through kiosks. Special event sales have now grown for seven consecutive quarters.
Behind that shift sits a rebuilt leadership bench. Dave & Buster's went more than a year without a chief marketing officer, and Harper has since added a CMO, a chief operations officer, a chief technology officer, and a chief legal officer since taking over. The company also leaned on new content, launching 10 games and attractions this year, including tie-ins with Mandalorian and Grogu, John Wick and Stranger Things, after research found more than 70% of guests said new games would bring them back more often. Changes to game pricing pushed play and dwell time up 16% to 20% or more. Six remodeled stores are already outperforming the rest of the chain, and management says the newest remodel template costs less to build than the last one. Net capital spending dropped to $127.6 million through the first half of the year from $155.4 million, and adjusted free cash flow swung to positive $19.5 million from negative $36.5 million, a $56 million improvement.
The headline figures were still rough. Total revenue slipped 2.4% to $544.1 million from $557.4 million a year earlier, and adjusted EBITDA dropped to $98.9 million, an 18.2% margin, from $129.8 million and a 23.3% margin. On a GAAP basis, the company posted a net loss of $12.5 million, or $0.36 per diluted share, versus net income of $11.4 million in the same quarter last year. About $15 million of the EBITDA decline came from items management calls non-normalized, including a $10 million noncash deferral adjustment that did not repeat this year, $3 million in extra preopening costs and $2 million in higher insurance expenses, but even stripped of those, the underlying decline was still roughly $16 million.

#quarter #sales

When people picture ***** e Exploration Technologies (NASDAQ: SPCX), the first things that likely come to their minds are its reusable Falcon rockets. What investors may not fully grasp is that ***** eX is building a three-headed machine across launch, satellite internet, and artificial intelligence (AI) computing.
Currently, ***** eX boasts a market capitalization of just under $2 trillion. The question I am wondering is whether the AI pillar can stretch that value toward $3 trillion without the broader story falling apart.
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 »
The short answer to that question is yes, it's possible. But it's not guaranteed. ***** eX's path to a $3 trillion market cap would have to run through cash flow that thus far has come from just one side of the business, but that now has a second engine quietly warming up.
The ***** e business was ***** eX's original foundation. This segment specializes in launching rockets -- the Falcon 9 and Falcon Heavy -- that carry NASA crews and cargo, as well as private company payloads.

#rockets

The Jacksonville Jaguars are hosting a month-long celebration for Hispanic Heritage Month throughout September, launching community outreach programs and student-athlete recognition under the banner "Somos DUUUVAL."
The initiative addresses the growth of the Hispanic and Latino community in Northeast Florida through youth sports, literacy outreach, and leadership initiatives.
Adriel Rocha, the Jaguars vice president of community impact and youth development, emphasized the initiative's focus on community service and culture. "Hispanic Heritage Month is a reminder of the rich culture, contributions and leadership of the Hispanic community and through Somos DUUUVAL, the Jaguars strive to celebrate and strengthen that spirit in Jacksonville," Rocha said. "Through a month-long series of initiatives for the Hispanic community, we are harnessing the power of service to strengthen connections and make a lasting difference in this community."
As part of the initiative, Jaguars PREP, the foundation's youth programming branch, partnered with Ticketmaster and Farah & Farah to host two youth football camps focused on athletics and leadership skills.
Nearly 350 students in third through fifth grades at BridgePrep Academy and Englewood Elementary School are participating.

#hispanic #month #heritage #somos

Democratic state parties announced Monday that they are launching an operation for the midterm elections they're calling the "New Battlefield Project," intended to recruit 10,000 volunteers to guard polling places in case armed federal officers show up.
Activists are planning mass protests if the Trump administration tries to interfere with voting or ballot counting. And legal scholars are distributing white papers advising judges what they should do if the government tries to seize ballots.
The unprecedented efforts are in response to President Donald Trump's equally unprecedented moves to interfere in this year's midterm elections, which include attempts to impose proof-of-citizenship requirements to register to vote and directing the Postal Service to play a central role in deciding which voters should get a mail ballot.
The anxious contingency planning as voting gets underway has become a marker for how fraught democracy has become in the country that once stood as an example to the world.
"We have never prepared for an election sabotage event like we have now," said Ezra Levin of the left-leaning group Indivisible.

#interfere

Bob Mackie, the Emmy- and Tony-winning fashion and costume designer whose glittering creations helped define the images of Cher, Carol Burnett, Diana Ross and countless other entertainers, died Sept. 14, 2026, at age 87.
In a statement posted by his team, Mackie's representatives said he "lived his 87 years to the fullest, fulfilling his dream of being a Fashion and Costume Designer." Widely regarded as one of the most influential costume designers in entertainment history, Mackie left an indelible mark on television, music, Broadway and American pop culture.
Though celebrated worldwide, Mackie's story was deeply rooted in California.
Raised in Southern California, Mackie attended Chouinard Art School before launching his career in Hollywood. He began as a sketch artist at Paramount Pictures and later worked under legendary costume designer Edith Head, helping shape the golden era of studio filmmaking.
In recent years, Mackie made Palm Springs his home, moving to the desert in 2020. He became a familiar figure in the Coachella Valley arts community, participating in book signings, film festival events, and local cultural fundraisers.

#costume

Oprah Winfrey has announced her next big project and it's happening in Las Vegas.
The legendary media mogul is launching a new multimedia experience ****** led Oprah Winfrey's AHA which will take place at the Sphere.
Speaking with PEOPLE, Winfrey shared her excitement about her latest venture.
"I feel that it is the culmination of everything I've tried to say for years," Winfrey shared. "It's an opportunity to immerse yourself in a way that allows you to feel connected to yourself, but also to everybody else who's there."
Ever since she saw U2 open the Sphere in September 2023, Winfrey says she has been "dreaming" about the concept.

#sphere #vegas

Oprah Winfrey is launching a two-hour immersive live show, Oprah Winfrey's AHA, at Las Vegas' Sphere, April 2-4, 2027
The show will feature music, film, sensory effects and performers including Jacob Collier and Ocean Vuong
AHA, which Winfrey says is designed to inspire awe and foster connection, is the "culmination" of what she's worked toward her whole life
Forty years ago, when she first hit the national airwaves, Oprah Winfrey already had a message in mind for the masses that rang true to her: "We're more alike than we're different. You're responsible for your life. There's something inside you that's really special. You have come to this planet and you have a calling."
It's an idea she returned to throughout the 25-season run of The Oprah Winfrey Show and beyond: "I said it in 4,561 shows, and I don't even know how many magazine articles and podcasts."

#oprah #we 're #vegas #april

Aryna Sabalenka is hitting the tennis court for the final showdown in the women's singles division of the US Open on September 12. She's the No. 1 seed in women's singles, but she's got to beat Kazakhstani player Elena Rybakina to win that coveted US Open trophy. If Sabalenka wins, the 28-year-old will be celebrating a three-peat in the division, having already won in 2024 and 2025.
Throughout the tournament, Sabalenka has had the support of her fiancé, Georgios Frangulis, who has been proudly watching from the stands. Below, we rounded up everything to know about Frangulis and his relationship with the Belarusian tennis star. Scroll down for more.
Frangulis is a Brazilian entrepreneur who founded the company Oakberry in 2016. Although he studied law in Brazil, he never completed his degree or took the bar exam.
Oakberry is a brand that specializes in açaí products. Açaí berries are harvested in the Amazon rainforest, the majority of which is located in Frangulis' home country of Brazil. Oakberry, which sells açaí bowls, smoothies, and more, has hundreds of stores in dozens of countries.
In August 2016, right before Oakberry was launching, Frangulis was diagnosed with thyroid cancer. He had surgery to remove a four-centimeter nodule that October.

#oakberry #tennis #september

When Dua Lipa stepped out for Bulgari's Serpenti Infinito celebration in New York, her shimmering camisole top turned heads for its delicate straps and eye-catching embellishment. Following this highly anticipated appearance, designer Clio Peppiatt revealed exactly where that top came from, and it isn't even on shelves yet.
Dua Lipa's Bulgari event top is an unreleased piece from Clio Peppiatt's Cruise 27 collection. Peppiatt shared the reveal on her own Instagram, confirming Lipa wore a piece from the label's upcoming Cruise 27 collection. The striking ivory and gold camisole featured dense sequin and bead embellishment arranged in a soft floral pattern. The top was held up by the thinnest metallic spaghetti straps for an elegant look. The fitted, corset-style shape hugged Lipa's torso closely, with the embellishment catching the light with every step down the street.
Peppiatt captioned the reveal "a little glimpse of what's to come," crediting photographer Lorenzo Posocco for the images. In a follow-up post, she teased that the piece belongs to an "unreleased Cruise collection launching next month." This brief announcement gave excited fans an early look at the label's next drop ahead of its official release.
Lipa paired the sparkling top with tailored black wide-leg trousers for a sleek silhouette. This choice allowed the embellished camisole to remain the clear focal point of her entire outfit. She finished the look with a Bulgari Serpenti bracelet in 18-karat rose gold, a diamond and ruby choker, and matching stud earrings, all fitting given her role as a Bulgari ambassador.
Fans reacted quickly to Peppiatt's reveal, flooding the comments with fire emojis and calling the look "iconic." The designer is well known for creating hand-embellished and statement-making fashion pieces. She has increasingly become a red carpet favorite among pop stars seeking genuine texture and shine.

#piece

Santos FC and Umbro, the Club's official sponsor, are launching the Club's new third kit for the season. Built around the concept "Go with determination," one of the chants sung by the fans in the stands, the jersey seeks to revive elements from a season marked by the strength, resilience, and fighting spirit of the Santos side.
The inspiration comes from the 1997 kit, a year in which Santos FC fielded a team of widely recognized technical quality and built its journey throughout the season with determination in the face of challenges. The new kit transforms that spirit into a contemporary reinterpretation, connecting memory and tradition with a more modern visual proposal.
"The launch of the number 3 kit strengthens Santos FC's connection with its history and with a period of great emotion. More than that, it reinforces its bond with the fans and with a chant that represents encouragement and motivation for our players. The phrase 'Go with determination' has been part of great victories and historic comebacks. Santos FC and Umbro have maintained a long partnership, focused on the club and especially on our fans. In practice, it is a tribute to and recognition of the strength that comes from the stands. It will certainly be another success story," said Marcelo Teixeira, president of Santos FC.
Predominantly black, the jersey embraces a low-contrast aesthetic and a minimalist look, with white details and a jacquard fabric that combines matte and glossy finishes. The effect creates a subtle texture throughout the garment and reinforces the model's refined proposal.
One of the main highlights is the modern reinterpretation of the crest used by Santos FC in 1997, an element that creates a direct link to the kit's historical inspiration. In the Player version, the crest is applied in TPU, while the version intended for fans uses a woven application.

#santos #jersey #spirit

Mexico's government is slashing financial ******* istance for the state energy major by as much as 70% despite Pemex's continued struggle to pay down debt and boost production. The decision rests on expectations that the company will benefit from the oil and gas price rally spurred by the U.S. and Israeli war against Iran.
Per a Bloomberg report from this week, the government of Mexico sees Pemex posting a rare cash surplus of some 95 billion pesos, or around $5.63 billion, as a result of the oil price rally. Based on those expectations, the Scheinbaum government stipulated financial help of just 81 billion pesos for the company in next year's budget, equivalent to some $4.8 billion. This was down by 70% from this year.
"We said that by 2027, support for Pemex would be very limited, and that's indeed the case," President Sheinbaum told media this week. "Pemex now receives very little support from the Mexican government, and its own finances will sustain its development."
Mexico's energy major is the most indebted company in the world, with a load of some $105 billion as of mid-2025, of which some $20 billion is in unpaid bills to suppliers. Since then, the company has managed to reduce the debt pile to some $79 billion as of the end of the first quarter of this year. The company said in a news release at the time that this was the lowest its debt has been since 2014.
Meanwhile, however, boosting refining output has turned out to be a challenge, and issues with crude quality—including high water content—have alienated key buyers over the past couple of years. The previous administration of Mexico focused on supporting the company by turning it back into a monopoly on the Mexican energy market. The Scheinbaum government, on the other hand, moved to open up the Mexican oil industry to other players as well, launching a new contract framework for joint ventures, the so-called mixed contracts. In mixed development allocations, Pemex can enter into an agreement with one or more private firms.

#PEMEX #government #scheinbaum #since

Princess Diana captivated the world in June 1994 when she arrived at a Vanity Fair gala wearing a bold, off-the-shoulder black silk dress by Christina Stambolian. That very same night, King Charles publicly admitted to being unfaithful to Diana during their marriage.
Diana's daring outfit dominated headlines and overshadowed Charles' confession, and thus, the ensemble was dubbed a "revenge dress."
More from StyleCaster
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Kate Shares Telling Diana Message After Claims of Meghan's 'Vulgar Act' at the Late Princess' Gravesite

#charles #vulgar #june #fair

This story was originally published on Bisnow, the newsroom global commercial real estate reads first. To receive daily news and ******* ysis, subscribe to Bisnow's free suite of newsletters.
CBRE's investment management arm has acquired a 5-year-old net lease company with ******* ets totaling 12M SF across the U.S.
CBRE Investment Management purchased Cerberus Capital Management's Tenet Equity business for $1.6B, both sides of the transaction announced in separate news releases Tuesday. CBRE said it made the investment on behalf of several of its investment strategies but didn't disclose which ones.
Net leases are real estate arrangements in which tenants are responsible for fees typically ******* ociated with ownership, like insurance, maintenance and taxes. This is often executed through leaseback deals, in which a business sells its property for a cash infusion and then leases it back to remain a tenant.
Along with the acquisition, CBRE is launching a new strategy to further invest in net lease properties. Akash Shivashankara, a CBRE IM senior portfolio manager, will be heading that strategy.

#management

Apple's (AAPL) rivals in China are not waiting for it to make the first move. Just days before Apple's anticipated debut of its first foldable iPhone at its Sept. 9 event, Huawei and Xiaomi (XIACF) rolled out premium foldable devices of their own.
The timing gives both companies a chance to grab attention before Apple's launch. Huawei is launching the Mate XT 2, a trifold device that packs a phone and a tablet-sized screen into one body, while Xiaomi is close behind with the Xiaomi 18 Fold, a passport-style handset that looks a lot like what Apple is expected to show. So, both companies are trying to enter the high-end foldable market before Apple arrives.
Dear Nvidia Stock Fans, Mark Your Calendars for September 10
Rocket Lab Keeps Landing Defense Deals. Here's Why ******* ysts Aren't Getting More Bullish.
Why Stifel Just Revamped Its Price Target for Microsoft Stock

#xiaomi #huawei #aapl

Aryna Sabalenka is hitting the court once again in the Semifinals of the US Open on September 10. She's the No. 1 seed in women's singles, but she doesn't have an easy road ahead of her, as she'll have to beat No. 3 Jessica Pegula, an American playing with home-court advantage, to make the Finals.
Throughout the tournament, Sabalenka has had the support of her fiancé, Georgios Frangulis, who has been proudly watching from the stands. Below, we rounded up everything to know about Frangulis and his relationship with the Belarusian tennis star. Scroll down for more.
Frangulis is a Brazilian entrepreneur who founded the company Oakberry in 2016. Although he studied law in Brazil, he never completed his degree or took the bar exam.
Oakberry is a brand that specializes in açaí products. Açaí berries are harvested in the Amazon rainforest, the majority of which is located in Frangulis' home country of Brazil. Oakberry, which sells açaí bowls, smoothies, and more, has hundreds of stores in dozens of countries.
In August 2016, right before Oakberry was launching, Frangulis was diagnosed with thyroid cancer. He had surgery to remove a four-centimeter nodule that October.

#court #semifinals #open

Michael J. Fox is reflecting on his 35-year journey with Parkinson's disease after receiving major recognition for his advocacy work.
The 65-year-old actor was named a recipient of the prestigious Lasker-Bloomberg Public Service Award (often referred to as "America's ****** els") for his tireless efforts in funding medical research. Since launching the Michael J. Fox Foundation in 2000, his organization has raised over $3 billion to find a cure for the neurodegenerative condition.
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"When we launched the Foundation, our goal was simple, yet ambitious — cure Parkinson's," Fox said in a statement following the announcement. "I am humbled to be recognized by the Lasker Foundation and jury. I accept this honor on behalf of everyone living with Parkinson's and everyone with us in our shared mission to end the disease."

#foundation

Wall Street sees Apple Inc. (NASDAQ:AAPL) entering a significant hardware cycle ahead of its "Surprise and Shine" event streaming live on Wednesday, September 9, 2026. Bank of America, in particular, expects a broad slate of new Apple devices led by new iPhones and a Foldable iPhone.
On September 8, BofA Securities ***** yst Wamsi Mohan reiterated a Buy rating on the stock with a $380.00 price target. While Bofa may be bullish, it must be noted that one of Apple's anticipated products is launching in a market where competitors are already pushing foldable technology forward.
Chinese tech giants revealed timed foldable products ahead of Apple's launch, sharpening competition. Both unveiled foldables days before Apple's event, offering a fresh look at the competition Apple is about to face.
Pixabay/Public Domain
According to the Wall Street firm, Apple is anticipated to announce three new phones: the iPhone 18 Pro, Pro Max, and the tech giant's first foldable iPhone. This will likely be branded as the Ultra or the Fold.

#foldable #street

September S&P 500 E-Mini futures (ESU26) are down -0.27% this morning as escalating hostilities in the Middle East pushed oil prices higher, fueling inflation concerns and sapping risk appetite.
Oil prices climbed on Wednesday as fighting between the U.S. and Iran intensified, with no clear path toward de-escalation in sight. Brent crude rose above $100 a barrel for the first time since July, while WTI crude climbed above $95 a barrel. The U.S. military destroyed five Iranian tankers on Tuesday in retaliation for attempts to strike a U.S. Navy warship with ballistic missiles, according to Central Command. Iran responded by launching ballistic missiles at Jordan and issuing a warning to ships in the Persian Gulf.
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#Iran #Stock #prices

Oscar Isaac plays a man whose marriage is falling apart in Beef Season 2, and it earned him a nomination for Outstanding Lead Actor in a Limited or Anthology Series or Movie ahead of the 2026 Emmy Awards. But what's the latest on the 47-year-old actor's real-life marriage?
Isaac and his wife, Elvira Lind, have been each other's dates to awards ceremonies for years. In fact, they made their first public appearance as a couple at the 2016 Golden Globes, where Isaac won a trophy for his role in Show Me a Hero. Over the past decade, Isaac has shared updates about his relationship. Keep reading for all the facts about the actor's wife, whether he has kids, and more.
Lind is a 45-year-old film director from Copenhagen, though she and Isaac are currently based in New York. Per her website, she went to film school in Cape Town in 2006 before launching a career in filmmaking. She primarily makes documentaries, though Lind and Isaac have worked together on some fiction projects, including Lind's Oscar-nominated short film The Letter Room.
She wrote a message "to [her] talented husband" after The Letter Room was made. "Thank you for letting me put you in a fat suit during a Summer heat wave," says her June 2020 Instagram post. That same year, Lind and Isaac started their own production company, Mad Gene Media.
She continued, "Thank you for trusting me to direct you while I was 7 months pregnant. I know that wasn't always easy. Thank you for encouraging me and showing up and doing absolute magic like you always do. And thank you for growing the most impressive moustache I have ever seen. You are the funniest man I know. I love you more than any words can explain on social media. I am very happy we got to make this together – (and stayed married after)."

#isaac #oscar