5 days ago
By Jana Choukeir and Doina Chiacu
DUBAI/WASHINGTON, Sept 20 (Reuters) - Iran and the United States exchanged new threats on Sunday, with President Donald Trump warning Iran would fail economically or face its leadership being wiped out if it didn't make a deal, and the Iranian military saying it would retaliate harshly to any fresh attack.
The conflict has looked stalemated for months, with no sign either side was ready for concessions even as it has deepened a global energy crisis, cratered swathes of Iran's economy and spilled over into new regional escalations.
In a phone call with a Fox News reporter, Trump said Iran's leaders should make a deal, rot economically or be wiped out, the reporter said.
However, with Iran's President Masoud Pezeshkian expected in New York this week for the United Nations General ***** embly, Trump said he would be open to meeting him, the Fox reporter added.
#reporter #Iran #make
DUBAI/WASHINGTON, Sept 20 (Reuters) - Iran and the United States exchanged new threats on Sunday, with President Donald Trump warning Iran would fail economically or face its leadership being wiped out if it didn't make a deal, and the Iranian military saying it would retaliate harshly to any fresh attack.
The conflict has looked stalemated for months, with no sign either side was ready for concessions even as it has deepened a global energy crisis, cratered swathes of Iran's economy and spilled over into new regional escalations.
In a phone call with a Fox News reporter, Trump said Iran's leaders should make a deal, rot economically or be wiped out, the reporter said.
However, with Iran's President Masoud Pezeshkian expected in New York this week for the United Nations General ***** embly, Trump said he would be open to meeting him, the Fox reporter added.
#reporter #Iran #make
5 days ago
Gold is the ******* et people buy when they have stopped believing in promises. Then most of them hand it to a bank in another country for safekeeping, which is itself a promise.
That arrangement is older than most of the world's central banks. The Bank of England has provided gold custody services to developing nations for decades, according to Reuters, and it usually works for the simple reason that ******* ody involved has any incentive to argue about it.
Custody is boring. It stays boring right up until two governments claim the same account.
Then the metal in the vault ceases to be a reserve ******* et and becomes a legal exhibit. It does not move, and it does not get sold.
It sits in a basement in London, earning nothing and settling nothing, while lawyers on two continents argue over whose signature counts on the paperwork.
#reuters
That arrangement is older than most of the world's central banks. The Bank of England has provided gold custody services to developing nations for decades, according to Reuters, and it usually works for the simple reason that ******* ody involved has any incentive to argue about it.
Custody is boring. It stays boring right up until two governments claim the same account.
Then the metal in the vault ceases to be a reserve ******* et and becomes a legal exhibit. It does not move, and it does not get sold.
It sits in a basement in London, earning nothing and settling nothing, while lawyers on two continents argue over whose signature counts on the paperwork.
#reuters
7 days ago
Ecopetrol has named Carlos Augusto Suárez Rojas as chairman of its board of directors as Colombia's largest company refreshes the leadership overseeing its sprawling oil, gas and electricity businesses.
The board elected Suárez Rojas at a September 17 meeting, with Claudia Margarita Lafaurie Taboada appointed vice chair, Ecopetrol said.
Suárez Rojas replaces Luis Felipe Henao Cardona as chairman. Henao remains on the board and will chair Ecopetrol's Corporate Governance and Sustainability Committee.
The company also reorganized the membership and leadership of its six main board committees covering audit and risk, business strategy, corporate governance and sustainability, compensation and nominations, health and safety, and technology and innovation.
Ricardo Rodríguez Yee will chair the Audit and Risk Committee, while José Camilo Manzur Jattin will head the Business Committee. Suárez Rojas will also chair the Compensation, Nomination and Culture Committee.
#rojas #committee #board
The board elected Suárez Rojas at a September 17 meeting, with Claudia Margarita Lafaurie Taboada appointed vice chair, Ecopetrol said.
Suárez Rojas replaces Luis Felipe Henao Cardona as chairman. Henao remains on the board and will chair Ecopetrol's Corporate Governance and Sustainability Committee.
The company also reorganized the membership and leadership of its six main board committees covering audit and risk, business strategy, corporate governance and sustainability, compensation and nominations, health and safety, and technology and innovation.
Ricardo Rodríguez Yee will chair the Audit and Risk Committee, while José Camilo Manzur Jattin will head the Business Committee. Suárez Rojas will also chair the Compensation, Nomination and Culture Committee.
#rojas #committee #board
7 days ago
On September 15, Jazz Pharmaceuticals plc (NASDAQ:JAZZ) completed its acquisition of privately held Actio Biosciences for $820 million upfront, adding a clinical-stage epilepsy drug called ABS-1230 to its rare disease pipeline. The deal lands weeks after Jazz posted its highest quarterly revenue ever on August 3, and raised its full-year guidance, so a fresh acquisition now sits on top of a business that was already accelerating. The question for investors is whether that combination adds up to durable growth or just a bigger bill.
ABS-1230 targets KCNT1-related epilepsy, a rare and hard-to-treat form of the disease. In an early clinical proof-of-concept trial, children who received the drug experienced meaningful seizure reductions, and preclinical testing showed it inhibited KCNT1 across every pathogenic mutation researchers evaluated, hinting it could work across the whole patient population rather than a narrow subset. The FDA has already granted ABS-1230 Orphan Drug, Rare Pediatric Disease and Fast Track designations, and accepted it into the agency's Rare Disease Evidence Principles process, a set of regulatory advantages that can speed a drug toward approval.
The acquisition also arrives while Jazz's existing business is firing on multiple cylinders. Second-quarter revenue climbed 16% year over year to $1.2 billion, the company's highest quarterly total on record, and management raised full-year 2026 revenue guidance to a range of $4.6 billion to $4.75 billion. Growth was not confined to one product. Xywav sales rose 13% to $471 million on 525 net new patients, Epidiolex grew 16% to $292 million, and Zepzelca jumped 42% to $106 million. Zanidatamab, sold as Ziihera in biliary tract cancer, also received Breakthrough Therapy designation from the FDA for a form of colorectal cancer, adding another avenue for the oncology franchise Jazz has been building beyond its epilepsy and sleep businesses.
None of that came free. The $820 million upfront payment for Actio lands on top of $4.4 billion in long-term debt that Jazz already carried as of June 30, even after the company used part of its cash to repay $1.0 billion of exchangeable notes that matured this year. Cash, equivalents and investments stood at $2.2 billion at that point, meaning the Actio payment alone accounts for a meaningful share of the company's liquid resources.
Jazz's recent history also shows how acquisitions can distort the bottom line before they pay off. A $905.4 million in-process research and development charge tied to the 2025 Chimerix acquisition pushed second-quarter 2025 GAAP earnings to a loss of $11.74 per share, and a smaller $77 million IPR&D charge from the AbCellera and Werewolf deals still dented second-quarter 2026 results. ABS-1230 itself remains early, with only proof-of-concept data in hand and no late-stage trial results yet. The portfolio is not without setbacks, either. Jazz is moving to voluntarily drop the second-line indication for Zepzelca in meta
ABS-1230 targets KCNT1-related epilepsy, a rare and hard-to-treat form of the disease. In an early clinical proof-of-concept trial, children who received the drug experienced meaningful seizure reductions, and preclinical testing showed it inhibited KCNT1 across every pathogenic mutation researchers evaluated, hinting it could work across the whole patient population rather than a narrow subset. The FDA has already granted ABS-1230 Orphan Drug, Rare Pediatric Disease and Fast Track designations, and accepted it into the agency's Rare Disease Evidence Principles process, a set of regulatory advantages that can speed a drug toward approval.
The acquisition also arrives while Jazz's existing business is firing on multiple cylinders. Second-quarter revenue climbed 16% year over year to $1.2 billion, the company's highest quarterly total on record, and management raised full-year 2026 revenue guidance to a range of $4.6 billion to $4.75 billion. Growth was not confined to one product. Xywav sales rose 13% to $471 million on 525 net new patients, Epidiolex grew 16% to $292 million, and Zepzelca jumped 42% to $106 million. Zanidatamab, sold as Ziihera in biliary tract cancer, also received Breakthrough Therapy designation from the FDA for a form of colorectal cancer, adding another avenue for the oncology franchise Jazz has been building beyond its epilepsy and sleep businesses.
None of that came free. The $820 million upfront payment for Actio lands on top of $4.4 billion in long-term debt that Jazz already carried as of June 30, even after the company used part of its cash to repay $1.0 billion of exchangeable notes that matured this year. Cash, equivalents and investments stood at $2.2 billion at that point, meaning the Actio payment alone accounts for a meaningful share of the company's liquid resources.
Jazz's recent history also shows how acquisitions can distort the bottom line before they pay off. A $905.4 million in-process research and development charge tied to the 2025 Chimerix acquisition pushed second-quarter 2025 GAAP earnings to a loss of $11.74 per share, and a smaller $77 million IPR&D charge from the AbCellera and Werewolf deals still dented second-quarter 2026 results. ABS-1230 itself remains early, with only proof-of-concept data in hand and no late-stage trial results yet. The portfolio is not without setbacks, either. Jazz is moving to voluntarily drop the second-line indication for Zepzelca in meta
7 days ago
Interested in Capital One Financial Corporation? Here are five stocks we like better.
Consumer credit remains resilient: Capital One reported strong spending, stable delinquencies and better-than-seasonal charge-offs, including among lower-income customers in its portfolio. Auto lending is also growing while the company maintains underwriting and margin standards.
Discover integration is progressing toward 2027 completion: New Discover card originations have moved to Capital One's platform, with the existing portfolio conversion expected to finish in January 2027 and broader integration substantially complete by mid-2027. Capital One has achieved about one-third of its targeted $1.5 billion in operating-expense synergies.
Capital One is expanding beyond lending: The company sees Brex as a strategic commercial-payments platform and plans to leverage its technology, marketing reach and small-business customer base. With a 13.7% common equity tier 1 ratio, management says it can fund investments while maintaining conservative capital and shareholder returns.
These 4 Earnings Reports Expose the Market's Growing Economic Divide
#company #integration #interested
Consumer credit remains resilient: Capital One reported strong spending, stable delinquencies and better-than-seasonal charge-offs, including among lower-income customers in its portfolio. Auto lending is also growing while the company maintains underwriting and margin standards.
Discover integration is progressing toward 2027 completion: New Discover card originations have moved to Capital One's platform, with the existing portfolio conversion expected to finish in January 2027 and broader integration substantially complete by mid-2027. Capital One has achieved about one-third of its targeted $1.5 billion in operating-expense synergies.
Capital One is expanding beyond lending: The company sees Brex as a strategic commercial-payments platform and plans to leverage its technology, marketing reach and small-business customer base. With a 13.7% common equity tier 1 ratio, management says it can fund investments while maintaining conservative capital and shareholder returns.
These 4 Earnings Reports Expose the Market's Growing Economic Divide
#company #integration #interested
7 days ago
The intelligence report, circulated across the US military this spring in the midst of the war with Iran, immediately set off alarm bells: A Chinese ship in the Middle East was transporting components of a nuclear weapons program.
The US military swung into action with plans to intercept the vessel, according to four sources familiar with the episode. According to two of the sources, armed members of the US military were preparing to board the ship. Military planes were in the air, one of those sources and another source familiar with the incident said.
It was only just before the planned operation that officials dug deeper into the report put together by a special operations command ****** yst and found it had been generated with the help of artificial intelligence (AI) — and that a chatbot the ****** yst had used inaccurately identified the material the ship was carrying. CNN was not able to learn what the misidentified cargo was.
The report, according to one of the sources, was “entirely false.” But it also “almost started a war,” the source said. Any US operation against a Chinese vessel could have risked spiraling into an armed conflict between the two nations.
Across the US military and the intelligence community, officials are pushing to weave AI into nearly every facet of their work, from ****** yzing the huge volumes of raw intelligence the US collects and selecting targets for strikes, to more mundane applications like managing budgeting, logistics and supply chains.
#intelligence #ship #familiar
The US military swung into action with plans to intercept the vessel, according to four sources familiar with the episode. According to two of the sources, armed members of the US military were preparing to board the ship. Military planes were in the air, one of those sources and another source familiar with the incident said.
It was only just before the planned operation that officials dug deeper into the report put together by a special operations command ****** yst and found it had been generated with the help of artificial intelligence (AI) — and that a chatbot the ****** yst had used inaccurately identified the material the ship was carrying. CNN was not able to learn what the misidentified cargo was.
The report, according to one of the sources, was “entirely false.” But it also “almost started a war,” the source said. Any US operation against a Chinese vessel could have risked spiraling into an armed conflict between the two nations.
Across the US military and the intelligence community, officials are pushing to weave AI into nearly every facet of their work, from ****** yzing the huge volumes of raw intelligence the US collects and selecting targets for strikes, to more mundane applications like managing budgeting, logistics and supply chains.
#intelligence #ship #familiar
8 days ago
Investors continue to ask for more timely information, even as the volume available to them expands. A 2026 CFA Institute survey of 2,500 **** ysts and portfolio managers found that 62% opposed replacing quarterly reporting with semiannual reporting. Nearly 85% expressed concern about comparability if companies and investment managers could determine their own reporting frequency and format. Access remains important, while interpretation requires a separate discipline.
The demand also concerns the quality of disclosure. PwC's 2025 Global Investor Survey, covering 1,074 investment professionals across 26 countries and territories, found that only 37% believed companies disclosed enough about artificial intelligence strategies and policies. Respondents wanted greater transparency around innovation strategies, AI investment, and expected returns. These findings suggest that investors can face abundant commentary while still lacking the evidence needed to **** s a thesis.
Commercial incentives add another layer. A 2025 CFA Institute report examined continuation funds, in which a manager can oversee both the vehicle selling an **** et and the vehicle buying it. The report recognized the structure's liquidity role and identified conflicts requiring fair processes and governance. The example illustrates why informed **** ysis and aligned incentives are separate considerations.
That distinction applies beyond any single investment structure. Managers often possess valuable operational knowledge because they work directly with **** ets, tenants and financing markets. They may also be raising capital for the strategies they discuss. Their commercial interest becomes additional context for investors weighing forecasts, market narratives and recommendations alongside independently produced evidence. That context can help an investment committee separate a source's knowledge of the market from the confidence it should place in the source's preferred outcome during capital allocation.
Geoffrey Dohrmann, chairman, CEO and editor-in-chief of Institutional Real Estate, Inc., has watched those narratives develop across several market cycles. IREI is a media and market intelligence company covering institutional real estate and infrastructure through publications, research, data, events and consulting. Dohrmann explains its editorial role as independently recording where real-asset capital is moving and examining the explanations offered for those decisions.
#real #institute
The demand also concerns the quality of disclosure. PwC's 2025 Global Investor Survey, covering 1,074 investment professionals across 26 countries and territories, found that only 37% believed companies disclosed enough about artificial intelligence strategies and policies. Respondents wanted greater transparency around innovation strategies, AI investment, and expected returns. These findings suggest that investors can face abundant commentary while still lacking the evidence needed to **** s a thesis.
Commercial incentives add another layer. A 2025 CFA Institute report examined continuation funds, in which a manager can oversee both the vehicle selling an **** et and the vehicle buying it. The report recognized the structure's liquidity role and identified conflicts requiring fair processes and governance. The example illustrates why informed **** ysis and aligned incentives are separate considerations.
That distinction applies beyond any single investment structure. Managers often possess valuable operational knowledge because they work directly with **** ets, tenants and financing markets. They may also be raising capital for the strategies they discuss. Their commercial interest becomes additional context for investors weighing forecasts, market narratives and recommendations alongside independently produced evidence. That context can help an investment committee separate a source's knowledge of the market from the confidence it should place in the source's preferred outcome during capital allocation.
Geoffrey Dohrmann, chairman, CEO and editor-in-chief of Institutional Real Estate, Inc., has watched those narratives develop across several market cycles. IREI is a media and market intelligence company covering institutional real estate and infrastructure through publications, research, data, events and consulting. Dohrmann explains its editorial role as independently recording where real-asset capital is moving and examining the explanations offered for those decisions.
#real #institute
9 days ago
When a caller inquired about SoFi Technologies, Inc. (NASDAQ:SOFI) during the September 10 episode of Mad Money, Jim Cramer commented:
Well, you know, it's a financial tech. It's a bank, but let's put it this way: It's doing as well as it can, but it has a very high price-to-earnings multiple versus the others in its cohort. So, it's going to mark time until the earnings continue to go up. I do like the company. I like the management. I wouldn't mind you owning it for the long term.
SoFi Technologies, Inc. (NASDAQ:SOFI) reported record second-quarter adjusted net revenue of $1.2 billion, up 40% year over year, while GAAP net income rose 61% to $156.6 million. Adjusted EBITDA increased 44% to $358 million. Loan originations reached a record $14.8 billion, while members increased 35% to 15.8 million and deposits reached $45.5 billion. Moreover, at the September 8 Goldman Sachs conference, CFO Chris Lapointe said SoFi generated approximately 40% year-over-year revenue growth in each of the first two quarters and approximately 30% adjusted EBITDA margins. He also said the company had outpaced the Rule of 40 for 20 consecutive quarters. Additionally, the company raised its 2026 adjusted net revenue outlook to $4.75 billion to $4.85 billion but maintained its adjusted EPS outlook at $0.60.
A concern is that SoFi Technologies, Inc.'s (NASDAQ:SOFI) earnings growth may not be sufficient to justify the multiple investors are paying. SoFi is trading at a premium valuation compared to its traditional banking peers, with Yahoo Finance's latest data showing a trailing P/E of 35.12 and a forward P/E of 21.51. That valuation leaves the shares sensitive to a slowdown in earnings growth. Credit performance is another important consideration as SoFi expands its lending business. For the six months ended June 30, total net charge-offs were $406.1 million, up $77.2 million from the prior-year period, while the total net charge-off ratio declined to 1.91% from 2.24%. The increase in charge-offs was driven primarily by higher personal-loan net charge-offs and student-loan net charge-offs, reflecting growth in average loans.
According to Insider Monkey, which tracks more than 1,000 hedge funds, 44 hedge funds held SoFi in Q2, down from 47 in Q1. Its short interest stood at about 14% to 15% of the float. SoFi Technologies, Inc.'s (NASDAQ:SOFI) growth and improving profitability give Cramer's long-term view a fundamental basis, but its valuation still leaves the stock dependent on continued earnings growth. The company's ability to turn strong revenue and loan growth into higher earnings will remain important to the stock's valuation.
#earnings #adjusted #million #charge
Well, you know, it's a financial tech. It's a bank, but let's put it this way: It's doing as well as it can, but it has a very high price-to-earnings multiple versus the others in its cohort. So, it's going to mark time until the earnings continue to go up. I do like the company. I like the management. I wouldn't mind you owning it for the long term.
SoFi Technologies, Inc. (NASDAQ:SOFI) reported record second-quarter adjusted net revenue of $1.2 billion, up 40% year over year, while GAAP net income rose 61% to $156.6 million. Adjusted EBITDA increased 44% to $358 million. Loan originations reached a record $14.8 billion, while members increased 35% to 15.8 million and deposits reached $45.5 billion. Moreover, at the September 8 Goldman Sachs conference, CFO Chris Lapointe said SoFi generated approximately 40% year-over-year revenue growth in each of the first two quarters and approximately 30% adjusted EBITDA margins. He also said the company had outpaced the Rule of 40 for 20 consecutive quarters. Additionally, the company raised its 2026 adjusted net revenue outlook to $4.75 billion to $4.85 billion but maintained its adjusted EPS outlook at $0.60.
A concern is that SoFi Technologies, Inc.'s (NASDAQ:SOFI) earnings growth may not be sufficient to justify the multiple investors are paying. SoFi is trading at a premium valuation compared to its traditional banking peers, with Yahoo Finance's latest data showing a trailing P/E of 35.12 and a forward P/E of 21.51. That valuation leaves the shares sensitive to a slowdown in earnings growth. Credit performance is another important consideration as SoFi expands its lending business. For the six months ended June 30, total net charge-offs were $406.1 million, up $77.2 million from the prior-year period, while the total net charge-off ratio declined to 1.91% from 2.24%. The increase in charge-offs was driven primarily by higher personal-loan net charge-offs and student-loan net charge-offs, reflecting growth in average loans.
According to Insider Monkey, which tracks more than 1,000 hedge funds, 44 hedge funds held SoFi in Q2, down from 47 in Q1. Its short interest stood at about 14% to 15% of the float. SoFi Technologies, Inc.'s (NASDAQ:SOFI) growth and improving profitability give Cramer's long-term view a fundamental basis, but its valuation still leaves the stock dependent on continued earnings growth. The company's ability to turn strong revenue and loan growth into higher earnings will remain important to the stock's valuation.
#earnings #adjusted #million #charge
9 days ago
In some markets, it costs less to rent than to buy — by a lot. And it could be a great way to save a ton of money during your retirement years.
Mortgage and financial consultant Cody Schuiteboer of Best Interest Financial said many retirees never even consider renting as a serious option.
"There is an unshakeable mentality that buying is always the right choice, but the opposite is often true in retirement," he said. "If renting is actually cheaper in that market, renting lets retirees stretch their nest egg further."
MoneyLion ran the rent-versus-ownership numbers in the top retirement destinations along the East Coast and found the cities offering the greatest savings to renters. The homeownership numbers ****** umed a 10% down payment and a 6.53% interest rate, using average home price and rent numbers from Zillow.
Best of all, the following retirement hubs all have a total monthly expenditure cost under $4,000 according to BLS data, and adults over 65 make up at least 20% of the population.
#rent
Mortgage and financial consultant Cody Schuiteboer of Best Interest Financial said many retirees never even consider renting as a serious option.
"There is an unshakeable mentality that buying is always the right choice, but the opposite is often true in retirement," he said. "If renting is actually cheaper in that market, renting lets retirees stretch their nest egg further."
MoneyLion ran the rent-versus-ownership numbers in the top retirement destinations along the East Coast and found the cities offering the greatest savings to renters. The homeownership numbers ****** umed a 10% down payment and a 6.53% interest rate, using average home price and rent numbers from Zillow.
Best of all, the following retirement hubs all have a total monthly expenditure cost under $4,000 according to BLS data, and adults over 65 make up at least 20% of the population.
#rent
9 days ago
Oracle Corporation (NYSE:ORCL) is increasing the expected cost of its fiscal 2026 restructuring plan by about $700 million to roughly $2.8 billion as it simultaneously ramps up spending to capture demand for AI cloud services. The additional costs include severance, contract terminations and other exit expenses, with some restructuring directly linked to adopting AI across parts of the organization.
Oracle had already recorded $1.8 billion of restructuring expenses in fiscal 2026, compared with $299 million in fiscal 2025, showing how materially the company is accelerating its operational transformation. The restructuring comes alongside an unusually large AI investment cycle. Oracle booked more than $30 billion of new AI cloud contracts in its latest quarter, lifting its remaining performance obligations/revenue backlog to $664 billion, while roughly half of that backlog is expected to convert into revenue over the next 36 months.
The strongest bull argument is that the additional restructuring expense is part of a broader shift toward a higher-growth cloud and AI business rather than simply a deterioration in cost control. Oracle Corporation (NYSE:ORCL)'s restructuring program is explicitly aimed at improving efficiency while reallocating resources toward cloud-based offerings and second-generation cloud infrastructure. If the $2.8 billion restructuring program reduces lower-growth costs and enables Oracle to redirect personnel and capital toward AI infrastructure, the near-term earnings pressure could support stronger operating leverage later as cloud revenue scales.
More importantly, the restructuring is occurring against evidence that AI demand is already translating into contracted revenue. Oracle added more than $30 billion of AI cloud contracts in one quarter, pushing its backlog to $664 billion, above the $639.89 billion ******* yst estimate. Management said most of the newly contracted revenue would not require substantial incremental capital because customers are using prepayments or supplying their own hardware. That is particularly important because Oracle's biggest weakness has been the mismatch between rapid infrastructure investment and current cash generation. If customer-funded capacity continues to reduce Oracle's upfront capital burden, the company could convert its huge backlog into revenue without proportionally increasing its cash burn.
The early financial evidence also supports the possibility that the AI strategy is beginning to improve Oracle's growth profile. Revenue in the recent quarter rose 30% year over year to $19.3 billion, adjusted EPS reached $1.92 versus the $1.74 ******* yst consensus, and Oracle Corporation (NYSE:ORCL) raised its fiscal 2027 adjusted EPS forecast from $8.05 to $8.10. Meanwhile, first-quarter free cash flow of negative $5.4 billion was substantially better than both the expected negative $9.56 billion and the previous-quarter negative $11.48 billion. If this trajectory continues, the $700
Oracle had already recorded $1.8 billion of restructuring expenses in fiscal 2026, compared with $299 million in fiscal 2025, showing how materially the company is accelerating its operational transformation. The restructuring comes alongside an unusually large AI investment cycle. Oracle booked more than $30 billion of new AI cloud contracts in its latest quarter, lifting its remaining performance obligations/revenue backlog to $664 billion, while roughly half of that backlog is expected to convert into revenue over the next 36 months.
The strongest bull argument is that the additional restructuring expense is part of a broader shift toward a higher-growth cloud and AI business rather than simply a deterioration in cost control. Oracle Corporation (NYSE:ORCL)'s restructuring program is explicitly aimed at improving efficiency while reallocating resources toward cloud-based offerings and second-generation cloud infrastructure. If the $2.8 billion restructuring program reduces lower-growth costs and enables Oracle to redirect personnel and capital toward AI infrastructure, the near-term earnings pressure could support stronger operating leverage later as cloud revenue scales.
More importantly, the restructuring is occurring against evidence that AI demand is already translating into contracted revenue. Oracle added more than $30 billion of AI cloud contracts in one quarter, pushing its backlog to $664 billion, above the $639.89 billion ******* yst estimate. Management said most of the newly contracted revenue would not require substantial incremental capital because customers are using prepayments or supplying their own hardware. That is particularly important because Oracle's biggest weakness has been the mismatch between rapid infrastructure investment and current cash generation. If customer-funded capacity continues to reduce Oracle's upfront capital burden, the company could convert its huge backlog into revenue without proportionally increasing its cash burn.
The early financial evidence also supports the possibility that the AI strategy is beginning to improve Oracle's growth profile. Revenue in the recent quarter rose 30% year over year to $19.3 billion, adjusted EPS reached $1.92 versus the $1.74 ******* yst consensus, and Oracle Corporation (NYSE:ORCL) raised its fiscal 2027 adjusted EPS forecast from $8.05 to $8.10. Meanwhile, first-quarter free cash flow of negative $5.4 billion was substantially better than both the expected negative $9.56 billion and the previous-quarter negative $11.48 billion. If this trajectory continues, the $700
9 days ago
Oracle Corporation (NYSE:ORCL) is increasing the expected cost of its fiscal 2026 restructuring plan by about $700 million to roughly $2.8 billion as it simultaneously ramps up spending to capture demand for AI cloud services. The additional costs include severance, contract terminations and other exit expenses, with some restructuring directly linked to adopting AI across parts of the organization.
Oracle had already recorded $1.8 billion of restructuring expenses in fiscal 2026, compared with $299 million in fiscal 2025, showing how materially the company is accelerating its operational transformation. The restructuring comes alongside an unusually large AI investment cycle. Oracle booked more than $30 billion of new AI cloud contracts in its latest quarter, lifting its remaining performance obligations/revenue backlog to $664 billion, while roughly half of that backlog is expected to convert into revenue over the next 36 months.
The strongest bull argument is that the additional restructuring expense is part of a broader shift toward a higher-growth cloud and AI business rather than simply a deterioration in cost control. Oracle Corporation (NYSE:ORCL)'s restructuring program is explicitly aimed at improving efficiency while reallocating resources toward cloud-based offerings and second-generation cloud infrastructure. If the $2.8 billion restructuring program reduces lower-growth costs and enables Oracle to redirect personnel and capital toward AI infrastructure, the near-term earnings pressure could support stronger operating leverage later as cloud revenue scales.
More importantly, the restructuring is occurring against evidence that AI demand is already translating into contracted revenue. Oracle added more than $30 billion of AI cloud contracts in one quarter, pushing its backlog to $664 billion, above the $639.89 billion ****** yst estimate. Management said most of the newly contracted revenue would not require substantial incremental capital because customers are using prepayments or supplying their own hardware. That is particularly important because Oracle's biggest weakness has been the mismatch between rapid infrastructure investment and current cash generation. If customer-funded capacity continues to reduce Oracle's upfront capital burden, the company could convert its huge backlog into revenue without proportionally increasing its cash burn.
The early financial evidence also supports the possibility that the AI strategy is beginning to improve Oracle's growth profile. Revenue in the recent quarter rose 30% year over year to $19.3 billion, adjusted EPS reached $1.92 versus the $1.74 ****** yst consensus, and Oracle Corporation (NYSE:ORCL) raised its fiscal 2027 adjusted EPS forecast from $8.05 to $8.10. Meanwhile, first-quarter free cash flow of negative $5.4 billion was substantially better than both the expected negative $9.56 billion and the previous-quarter negative $11.48 billion. If this trajectory continues, the $700 mi
Oracle had already recorded $1.8 billion of restructuring expenses in fiscal 2026, compared with $299 million in fiscal 2025, showing how materially the company is accelerating its operational transformation. The restructuring comes alongside an unusually large AI investment cycle. Oracle booked more than $30 billion of new AI cloud contracts in its latest quarter, lifting its remaining performance obligations/revenue backlog to $664 billion, while roughly half of that backlog is expected to convert into revenue over the next 36 months.
The strongest bull argument is that the additional restructuring expense is part of a broader shift toward a higher-growth cloud and AI business rather than simply a deterioration in cost control. Oracle Corporation (NYSE:ORCL)'s restructuring program is explicitly aimed at improving efficiency while reallocating resources toward cloud-based offerings and second-generation cloud infrastructure. If the $2.8 billion restructuring program reduces lower-growth costs and enables Oracle to redirect personnel and capital toward AI infrastructure, the near-term earnings pressure could support stronger operating leverage later as cloud revenue scales.
More importantly, the restructuring is occurring against evidence that AI demand is already translating into contracted revenue. Oracle added more than $30 billion of AI cloud contracts in one quarter, pushing its backlog to $664 billion, above the $639.89 billion ****** yst estimate. Management said most of the newly contracted revenue would not require substantial incremental capital because customers are using prepayments or supplying their own hardware. That is particularly important because Oracle's biggest weakness has been the mismatch between rapid infrastructure investment and current cash generation. If customer-funded capacity continues to reduce Oracle's upfront capital burden, the company could convert its huge backlog into revenue without proportionally increasing its cash burn.
The early financial evidence also supports the possibility that the AI strategy is beginning to improve Oracle's growth profile. Revenue in the recent quarter rose 30% year over year to $19.3 billion, adjusted EPS reached $1.92 versus the $1.74 ****** yst consensus, and Oracle Corporation (NYSE:ORCL) raised its fiscal 2027 adjusted EPS forecast from $8.05 to $8.10. Meanwhile, first-quarter free cash flow of negative $5.4 billion was substantially better than both the expected negative $9.56 billion and the previous-quarter negative $11.48 billion. If this trajectory continues, the $700 mi
11 days ago
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Maybe it's a me thing, but I've been craving the thrill and suspense of an award show. Luckily, tonight is the 78th Primetime Emmy Awards, where NBC's Law & Order star Mariska Hargitay is hosting live from the Peacock Theater in Los Angeles. As a self-proclaimed binge-watcher, I'm all caught up on tonight's nominees, led by The Pitt with 25 nominations and Hacks at 24, breaking the record for a comedy series to date. But it's not just the potential winners getting buzz; it's the red carpet arrivals, too.
We're tuning in to see which designers tonight's attendees are wearing and get a glimpse of which trends will define 2027—or, in this case, which controversial trends. Shailene Woodley, who won her first Emmy Award for Outstanding Guest Actress in a Drama Series for her role in Hulu's Paradise last week, arrived on tonight's red carpet in a look from Pierpaolo Piccioli's Balenciaga F/W 26 haute couture collection.
The trend in question? Sequin-embroidered trousers. Woodley wore the divisive pants with their runway pairing, a plunging periwinkle tank, but traded the oversize coat for a pair of burgundy opera gloves. Woodley's stylist, Karla Welch, introduced more color with a beautiful collared necklace crafted from Venetian glass by HOWL. The flooded hem hides Woodley's, I ***** ume, very tall heels.
#emmy #woodley #trends
Credit: Getty Images
Maybe it's a me thing, but I've been craving the thrill and suspense of an award show. Luckily, tonight is the 78th Primetime Emmy Awards, where NBC's Law & Order star Mariska Hargitay is hosting live from the Peacock Theater in Los Angeles. As a self-proclaimed binge-watcher, I'm all caught up on tonight's nominees, led by The Pitt with 25 nominations and Hacks at 24, breaking the record for a comedy series to date. But it's not just the potential winners getting buzz; it's the red carpet arrivals, too.
We're tuning in to see which designers tonight's attendees are wearing and get a glimpse of which trends will define 2027—or, in this case, which controversial trends. Shailene Woodley, who won her first Emmy Award for Outstanding Guest Actress in a Drama Series for her role in Hulu's Paradise last week, arrived on tonight's red carpet in a look from Pierpaolo Piccioli's Balenciaga F/W 26 haute couture collection.
The trend in question? Sequin-embroidered trousers. Woodley wore the divisive pants with their runway pairing, a plunging periwinkle tank, but traded the oversize coat for a pair of burgundy opera gloves. Woodley's stylist, Karla Welch, introduced more color with a beautiful collared necklace crafted from Venetian glass by HOWL. The flooded hem hides Woodley's, I ***** ume, very tall heels.
#emmy #woodley #trends
11 days ago
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Credit: Getty Images
Hosted by Mariska Hargitay and live from the Peacock Theater in Los Angeles, the 78th Primetime Emmy Awards welcomed over 20 first-time nominees, including Chase Infiniti for The Testaments, Hacks star Megan Stalter, Sarah Pidgeon for FX's Love Story, and Carey Mulligan, who is up for two Emmy nominations for her role as Lindsay Crane-Martín in Netflix's Beef.
Mulligan attended tonight's ceremony in a dress designed by everyone's favorite minimalist duo, the Olsen twins. And yet, despite The Row's restrained approach to fashion, Mulligan's resort 27 dress is anything but. It's colorful. It's playful. It's eye-catching. The sky-blue strapless dress teases a reveal of a stark-white underpinning at the neckline, overlayed with patterned embroidery. Mulligan wore for minimal jewelry—no necklace, opting instead for stunning diamond stud earrings and a pearl ring.
The back of the dress features a deconstructed bow that drapes down to meet the hem, where a pair of pointed-toe heels peek out from underneath. See the entirety of Mulligan's look below.
#credit
Credit: Getty Images
Hosted by Mariska Hargitay and live from the Peacock Theater in Los Angeles, the 78th Primetime Emmy Awards welcomed over 20 first-time nominees, including Chase Infiniti for The Testaments, Hacks star Megan Stalter, Sarah Pidgeon for FX's Love Story, and Carey Mulligan, who is up for two Emmy nominations for her role as Lindsay Crane-Martín in Netflix's Beef.
Mulligan attended tonight's ceremony in a dress designed by everyone's favorite minimalist duo, the Olsen twins. And yet, despite The Row's restrained approach to fashion, Mulligan's resort 27 dress is anything but. It's colorful. It's playful. It's eye-catching. The sky-blue strapless dress teases a reveal of a stark-white underpinning at the neckline, overlayed with patterned embroidery. Mulligan wore for minimal jewelry—no necklace, opting instead for stunning diamond stud earrings and a pearl ring.
The back of the dress features a deconstructed bow that drapes down to meet the hem, where a pair of pointed-toe heels peek out from underneath. See the entirety of Mulligan's look below.
#credit
11 days ago
Bob Mackie, who designed dazzling costumes for stars including Cher, Tina Turner, Dolly Parton and Elton John has died, aged 87.
The US fashion designer, known as the "Sultan of Sequins" for his sparkling creations, won a Tony Award, nine Emmys and received three Oscar nominations during his career.
"It is with a heavy heart that we share the news that Mr Bob Mackie passed away today," a statement on his Instagram account announced on Monday.
"He lived his 87 years to the fullest, fulfilling his dream of being a Fashion and Costume Designer, which is all he ever wanted to do," it added. "His genius and extraordinary designs will live on forever, continuing to bring beauty into this world."
From Marilyn Monroe to Sabrina Carpenter - Bob Mackie's designs in pictures
#designer #designs #dolly #elton
The US fashion designer, known as the "Sultan of Sequins" for his sparkling creations, won a Tony Award, nine Emmys and received three Oscar nominations during his career.
"It is with a heavy heart that we share the news that Mr Bob Mackie passed away today," a statement on his Instagram account announced on Monday.
"He lived his 87 years to the fullest, fulfilling his dream of being a Fashion and Costume Designer, which is all he ever wanted to do," it added. "His genius and extraordinary designs will live on forever, continuing to bring beauty into this world."
From Marilyn Monroe to Sabrina Carpenter - Bob Mackie's designs in pictures
#designer #designs #dolly #elton
11 days ago
The following results were provided by high school coaches or their representatives. Send results each night to prepsportsenquirer.com. Please submit Team or Athlete of the Week nominations by Monday morning for the previous week's performances to mlaughmanenquirer.com.
Milford 156, Kings 163
Medalist: Cooper Young (M) and Tyce Barnett (M) both with a 38 at Grizzly.
Cincinnati Christian 203, Colerain 212
McNicholas 156, West Clermont 163
#team #week
Milford 156, Kings 163
Medalist: Cooper Young (M) and Tyce Barnett (M) both with a 38 at Grizzly.
Cincinnati Christian 203, Colerain 212
McNicholas 156, West Clermont 163
#team #week
11 days ago
The Cincinnati Enquirer once again is offering a new weekly feature recognizing the accomplishments of cheerleaders, dance team members and their squads: The Spirit Award.
Much like the popular athlete of the week voting, school fans and friends voted on two weekly ballots (individual and team) for The Spirit Award. Only coaches can provide nominations each week, either for their squads or other teams.
Eligible are varsity girls and boys cheerleaders and dancers who exemplify the fruits of the spirit ‒ love, joy, peace, patience, kindness, goodness, faithfulness, gentleness, and self-control – while uplifting their squads, the student body and others. Team nominations focus on squads that come together to help each other, work hard, do things right that week, show outstanding virtues when dealing with or serving others, exceed expectations to prepare something special for the school or take part in any other honorable reason they might be acknowledged.
This week's Spirit Award winners are:
"She is an outstanding example of leadership, character, and service within our school community. Scarlett is our varsity cheer captain and sole senior cheerleader, and she has embraced that role with maturity, selflessness, and a genuine desire to make those around her better," wrote her coach, Alicia Wall, in an email to The Enquirer.
#team #weekly #nominations
Much like the popular athlete of the week voting, school fans and friends voted on two weekly ballots (individual and team) for The Spirit Award. Only coaches can provide nominations each week, either for their squads or other teams.
Eligible are varsity girls and boys cheerleaders and dancers who exemplify the fruits of the spirit ‒ love, joy, peace, patience, kindness, goodness, faithfulness, gentleness, and self-control – while uplifting their squads, the student body and others. Team nominations focus on squads that come together to help each other, work hard, do things right that week, show outstanding virtues when dealing with or serving others, exceed expectations to prepare something special for the school or take part in any other honorable reason they might be acknowledged.
This week's Spirit Award winners are:
"She is an outstanding example of leadership, character, and service within our school community. Scarlett is our varsity cheer captain and sole senior cheerleader, and she has embraced that role with maturity, selflessness, and a genuine desire to make those around her better," wrote her coach, Alicia Wall, in an email to The Enquirer.
#team #weekly #nominations
11 days ago
On September 10, LightPath Technologies (NASDAQ:LPTH) reported fiscal fourth-quarter and full-year results that turned a multiyear strategic bet into a financial statement. Revenue nearly doubled for the year, margins expanded, and the company walked away from its last manufacturing ties to China. For a small-cap optics supplier that spent years explaining a strategy, this was the quarter the strategy started explaining itself.
Annual revenue climbed 92.7% to $71.7 million from $37.2 million, and the fourth quarter alone hit a record $21.2 million, up 73.8% year over year. That growth is not just volume. Full-year gross margin expanded to 36% from 27.2%, and the fourth quarter came in even higher at 39.4%, because ****** emblies, modules and cameras now make up 44% of annual sales instead of being sold as raw components.
CEO Sam Rubin said the shift reflects both a change in what LightPath sells and better execution on what it already made, noting every one of its four product groups improved margin for the year. Backlog finished at $110.9 million, up 197% from $37.4 million a year earlier, with $85.6 million of it scheduled for delivery within 12 months. Weeks after the fiscal year closed, the company booked another $24 million in counter-UAS orders, and some of those programs have already moved to monthly delivery cadences of tens of units.
LightPath also completed its exit from China, selling its subsidiary there for $4.5 million paid out over five years, leaving the company with no manufacturing footprint in a country that increasingly can't supply the defense primes it depends on. That matters because defense programs face a deadline this decade to source optics away from covered nations, and qualification cycles run two to three years, meaning the sourcing decisions being made now will determine who wins contracts in 2029 and 2030.
The company's fourth-quarter net loss narrowed to $4.1 million from $7.1 million a year earlier, but full-year operating expenses jumped to $45.5 million from $22 million, and $15.6 million of that was a noncash charge tied to G5 Infrared outperforming the earnout targets set at acquisition. Management called that charge mostly behind the business now that the final G5 payout has been accrued for January 2027, but it is a reminder that acquisition accounting can swing the income statement even when operations are healthy.
#year #quarter #China
Annual revenue climbed 92.7% to $71.7 million from $37.2 million, and the fourth quarter alone hit a record $21.2 million, up 73.8% year over year. That growth is not just volume. Full-year gross margin expanded to 36% from 27.2%, and the fourth quarter came in even higher at 39.4%, because ****** emblies, modules and cameras now make up 44% of annual sales instead of being sold as raw components.
CEO Sam Rubin said the shift reflects both a change in what LightPath sells and better execution on what it already made, noting every one of its four product groups improved margin for the year. Backlog finished at $110.9 million, up 197% from $37.4 million a year earlier, with $85.6 million of it scheduled for delivery within 12 months. Weeks after the fiscal year closed, the company booked another $24 million in counter-UAS orders, and some of those programs have already moved to monthly delivery cadences of tens of units.
LightPath also completed its exit from China, selling its subsidiary there for $4.5 million paid out over five years, leaving the company with no manufacturing footprint in a country that increasingly can't supply the defense primes it depends on. That matters because defense programs face a deadline this decade to source optics away from covered nations, and qualification cycles run two to three years, meaning the sourcing decisions being made now will determine who wins contracts in 2029 and 2030.
The company's fourth-quarter net loss narrowed to $4.1 million from $7.1 million a year earlier, but full-year operating expenses jumped to $45.5 million from $22 million, and $15.6 million of that was a noncash charge tied to G5 Infrared outperforming the earnout targets set at acquisition. Management called that charge mostly behind the business now that the final G5 payout has been accrued for January 2027, but it is a reminder that acquisition accounting can swing the income statement even when operations are healthy.
#year #quarter #China
11 days ago
VIENNA (AP) — Iran on Monday condemned the exclusion of the head of its Atomic Energy Organization from the annual gathering of the United Nations nuclear agency in Vienna saying that it constitutes "a serious breach" of Tehran's rights as a member nation.
"By obstructing our full and effective participation, the denial of access contravenes both the letter and the spirit of the legal framework" governing attendance at meetings of the International Atomic Energy Agency, Iran's ambassador to the agency, Reza Najafi, told delegates at its general conference.
Najafi criticized Austria, the host country of the IAEA and other U.N. organizations, saying that Vienna's decision not to grant a visa to Mohammad Eslami "violates the host country's obligation."
The Russian ambassador to the U.N. in Vienna, Mikhail Ulyanov, echoed Iran's remarks, saying that Austria had "grossly violated" its obligations as host nation of the IAEA.
Western nations had "unleashed a genuine campaign of visa-related abuses so as to settle scores with countries they deem to be undesirable," he said.
#atomic
"By obstructing our full and effective participation, the denial of access contravenes both the letter and the spirit of the legal framework" governing attendance at meetings of the International Atomic Energy Agency, Iran's ambassador to the agency, Reza Najafi, told delegates at its general conference.
Najafi criticized Austria, the host country of the IAEA and other U.N. organizations, saying that Vienna's decision not to grant a visa to Mohammad Eslami "violates the host country's obligation."
The Russian ambassador to the U.N. in Vienna, Mikhail Ulyanov, echoed Iran's remarks, saying that Austria had "grossly violated" its obligations as host nation of the IAEA.
Western nations had "unleashed a genuine campaign of visa-related abuses so as to settle scores with countries they deem to be undesirable," he said.
#atomic
11 days ago
Federal Communications Commission (FCC) Chairman Brendan Carr accused Democratic Texas Senate candidate James Talarico of banking on public confusion over the equal time statute to drive clicks and donations.
Last week, Talarico appeared on ABC's "Jimmy Kimmel Live!," but the liberal late-night host insisted the interview had to air on YouTube, instead of broadcast television, because the FCC has "threatened" the network.
The White House previously said Kimmel was "play-acting," because the FCC did not threaten him regarding interviewing Talarico, or any other candidate.
Carr responded on Saturday to an account on X that complained Talarico was relegated to YouTube, but Sen. Ted Cruz, R-Texas, was allowed to appear on ESPN's "College Gameday." The chairman blasted Talarico, noting that the equal time statute doesn't apply to ESPN and does not prohibit anyone from interviewing anyone on broadcast TV.
Kimmel Reveals He's Interviewing James Talarico Under 'Unusual Circumstances,' Citing Fcc Threats
#kimmel
Last week, Talarico appeared on ABC's "Jimmy Kimmel Live!," but the liberal late-night host insisted the interview had to air on YouTube, instead of broadcast television, because the FCC has "threatened" the network.
The White House previously said Kimmel was "play-acting," because the FCC did not threaten him regarding interviewing Talarico, or any other candidate.
Carr responded on Saturday to an account on X that complained Talarico was relegated to YouTube, but Sen. Ted Cruz, R-Texas, was allowed to appear on ESPN's "College Gameday." The chairman blasted Talarico, noting that the equal time statute doesn't apply to ESPN and does not prohibit anyone from interviewing anyone on broadcast TV.
Kimmel Reveals He's Interviewing James Talarico Under 'Unusual Circumstances,' Citing Fcc Threats
#kimmel
11 days ago
Sept 14 (Reuters) - Hollywood designer Bob Mackie, known for making stars such as Cher and Elton John sparkle, died on Monday at 87, according to a post on his official Instagram account.
His career spanned five decades and included designing a Barbie doll clothes collection.
Born in 1939 into a middle-class family in Monterey Park, California, he was nominated for more than 30 Emmys, winning nine. He received Academy Award nominations for costumes worn in the films "Lady Sings the Blues," "Funny Lady," and "Pennies From Heaven."
"His genius and extraordinary designs will live on forever, continuing to bring beauty into this world," his team said in an Instagram post. His cause of death was not stated.
Mackie was known for sequins, rhinestones and glitter, but also humor. The highlight of his 11-year run for The Carol Burnett Show was the "curtain dress" worn by Burnett in a sketch parodying 1939 film classic "Gone with the Wind." The costume, now in the collection of the Smithsonian's American History Museum, included a brass curtain rod balanced on Burnett's shoulders and a bit of valance worn as a hat.
#post
His career spanned five decades and included designing a Barbie doll clothes collection.
Born in 1939 into a middle-class family in Monterey Park, California, he was nominated for more than 30 Emmys, winning nine. He received Academy Award nominations for costumes worn in the films "Lady Sings the Blues," "Funny Lady," and "Pennies From Heaven."
"His genius and extraordinary designs will live on forever, continuing to bring beauty into this world," his team said in an Instagram post. His cause of death was not stated.
Mackie was known for sequins, rhinestones and glitter, but also humor. The highlight of his 11-year run for The Carol Burnett Show was the "curtain dress" worn by Burnett in a sketch parodying 1939 film classic "Gone with the Wind." The costume, now in the collection of the Smithsonian's American History Museum, included a brass curtain rod balanced on Burnett's shoulders and a bit of valance worn as a hat.
#post
11 days ago
Taylor Swift has only been a wife for two months, but she already has to make a huge decision between her husband, Travis Kelce, and her career.
The "I Knew It, I Knew You" singer was nominated for the 78th Emmy Awards, which will be held tonight. The nominations were for her Disney+ show, "Taylor Swift | The Eras Tour | The Final Show," which was based on her record-breaking Eras Tour. The film was nominated for outstanding variety special (pre-recorded), as well as directing, picture editing, sound mixing, and technical direction and camera work.
More from SheKnows
Travis Kelce & Taylor Swift's Controversial Dog Name Finally Confirmed
Swift has only been nominated for an Emmy once before, back in 2015, when she won outstanding creative achievement in interactive media for "AMEX Unstaged: Taylor Swift Experience." It makes sense that she may want to attend the awards ceremony; however, tonight is also a big deal for her husband, a tight end for the Kansas City Chiefs. It's his first game of the season and a home game, as the Chiefs go up against the Denver Broncos at Arrowhead Stadium.
#travis
The "I Knew It, I Knew You" singer was nominated for the 78th Emmy Awards, which will be held tonight. The nominations were for her Disney+ show, "Taylor Swift | The Eras Tour | The Final Show," which was based on her record-breaking Eras Tour. The film was nominated for outstanding variety special (pre-recorded), as well as directing, picture editing, sound mixing, and technical direction and camera work.
More from SheKnows
Travis Kelce & Taylor Swift's Controversial Dog Name Finally Confirmed
Swift has only been nominated for an Emmy once before, back in 2015, when she won outstanding creative achievement in interactive media for "AMEX Unstaged: Taylor Swift Experience." It makes sense that she may want to attend the awards ceremony; however, tonight is also a big deal for her husband, a tight end for the Kansas City Chiefs. It's his first game of the season and a home game, as the Chiefs go up against the Denver Broncos at Arrowhead Stadium.
#travis
11 days ago
ARAPAHOE, Wyo. (AP) — Every Sunday morning on the Wind River Reservation, congregants gather at Foundations for Nations Church to pray while protesters outside do the same.
The two rituals have unfolded in parallel since the Christian church's pastor, Sarah Lucas, preached a sermon condemning Arapaho ceremonial ways.
The Northern Arapaho and Eastern Shoshone Tribes that share the reservation have made clear that Lucas is no longer welcome. Lucas, who is not Native American but owns the land under her church, says she isn't going anywhere. The standoff tests the boundaries of religious freedom and the right of a tribal nation to govern according to its own values and protocols.
The conflict stems from a video that circulated in July as Arapaho people surfaced from their weeklong sundance ceremony. In it, Lucas called that cornerstone of Arapaho spiritual life "idol worship."
"Jesus is the chain breaker. He is the only God that we should be praying to," Lucas said.
#arapaho #church
The two rituals have unfolded in parallel since the Christian church's pastor, Sarah Lucas, preached a sermon condemning Arapaho ceremonial ways.
The Northern Arapaho and Eastern Shoshone Tribes that share the reservation have made clear that Lucas is no longer welcome. Lucas, who is not Native American but owns the land under her church, says she isn't going anywhere. The standoff tests the boundaries of religious freedom and the right of a tribal nation to govern according to its own values and protocols.
The conflict stems from a video that circulated in July as Arapaho people surfaced from their weeklong sundance ceremony. In it, Lucas called that cornerstone of Arapaho spiritual life "idol worship."
"Jesus is the chain breaker. He is the only God that we should be praying to," Lucas said.
#arapaho #church
11 days ago
The fashion and costume designer Bob Mackie, whose glittering creations have been worn by Cher, Dolly Parton, Tina Turner and Miley Cyrus, has died at age 87, according to his social accounts.
"It is with a heavy heart that we share the news that Mr. Bob Mackie passed away today. He lived his 87 years to the fullest, fulfilling his dream of being a Fashion and Costume Designer, which is all he ever wanted to do," read a post on his Instagram account. "His genius and extraordinary designs will live on forever, continuing to bring beauty into this world."
Mackie became known for his glamorous designs after collaborating with Cher, dressing her on television and on tour. He also served as the costume designer for "The Carol Burnett Show," responsible for Burnett's entire wardrobe. Nicknamed the Sultan of Sequins, the Rajah of Rhinestones and the Guru of Glitter, Mackie's ostentatious, flattering looks became instantly recognizable over the course of his career. His popularity continued into the modern day, with his archive coveted by a new generation of stars.
For his stage and screen work, Mackie has been awarded nine Emmys, an induction into the Television Academy Hall of Fame and three Academy Award nominations. In 1999, he received a retrospective at the Museum at FIT. More recently, he won a Tony Award for the musical "The Cher Show" and a lifetime achievement award by the Council of Fashion Designers of America.
Fern Mallis, former executive director of CFDA and founder of New York Fashion Week, credited him with many of the red carpet trends we continue to see today.
#costume #show #academy #television
"It is with a heavy heart that we share the news that Mr. Bob Mackie passed away today. He lived his 87 years to the fullest, fulfilling his dream of being a Fashion and Costume Designer, which is all he ever wanted to do," read a post on his Instagram account. "His genius and extraordinary designs will live on forever, continuing to bring beauty into this world."
Mackie became known for his glamorous designs after collaborating with Cher, dressing her on television and on tour. He also served as the costume designer for "The Carol Burnett Show," responsible for Burnett's entire wardrobe. Nicknamed the Sultan of Sequins, the Rajah of Rhinestones and the Guru of Glitter, Mackie's ostentatious, flattering looks became instantly recognizable over the course of his career. His popularity continued into the modern day, with his archive coveted by a new generation of stars.
For his stage and screen work, Mackie has been awarded nine Emmys, an induction into the Television Academy Hall of Fame and three Academy Award nominations. In 1999, he received a retrospective at the Museum at FIT. More recently, he won a Tony Award for the musical "The Cher Show" and a lifetime achievement award by the Council of Fashion Designers of America.
Fern Mallis, former executive director of CFDA and founder of New York Fashion Week, credited him with many of the red carpet trends we continue to see today.
#costume #show #academy #television
11 days ago
Every week, the Las Cruces Sun-News will nominate several athletes for its Athlete of the Week award, sponsored by the El Paso Children's Hospital. The winner is decided by you, the readers.
Last week's winner was Las Cruces High School football's Denton Walter with 2,534 votes (98% of votes).
The award highlights the best performances from Las Cruces-area athletes from the previous week. This week, there are seven nominations from football, girls volleyball, and cross country from Las Cruces, Centennial and Organ Mountain high schools.
More: Live updates: Las Cruces area Week 4 high school football scoreboard
The poll will close at noon on Friday, Sept. 18. There are no restrictions, so vote now and vote often.
#week #award
Last week's winner was Las Cruces High School football's Denton Walter with 2,534 votes (98% of votes).
The award highlights the best performances from Las Cruces-area athletes from the previous week. This week, there are seven nominations from football, girls volleyball, and cross country from Las Cruces, Centennial and Organ Mountain high schools.
More: Live updates: Las Cruces area Week 4 high school football scoreboard
The poll will close at noon on Friday, Sept. 18. There are no restrictions, so vote now and vote often.
#week #award
11 days ago
Jürgen Klopp are seriously considering naming a significantly expanded squad for Germany's four upcoming Nations League games.
Sky Germany understands that the idea behind said plan is to use the two weeks together to see as many players as possible.
The exact squad size has not yet been finalized, nor has it been determined whether there will be a player swap after the second match.
Accordingly, this could potentially divide the team into two groups – essentially each group would be ***** igned for two matches.
Klopp is theoretically allowed to take as many players as he wants, but must submit a list of 23 players before each match.
#players #germany #rgen
Sky Germany understands that the idea behind said plan is to use the two weeks together to see as many players as possible.
The exact squad size has not yet been finalized, nor has it been determined whether there will be a player swap after the second match.
Accordingly, this could potentially divide the team into two groups – essentially each group would be ***** igned for two matches.
Klopp is theoretically allowed to take as many players as he wants, but must submit a list of 23 players before each match.
#players #germany #rgen
13 days ago
Tapatío had a tough road test against Dorados on Matchday 8 of the Apertura 2026. After a hard-fought match, the Rojiblancos ended up falling 3-1 to the Sinaloa side.
Tapa opened the scoring in the opening minutes with a goal from Daniel Villaseca. However, the home team made the most of its chances to come from behind. Although the Rojiblancos kept pushing forward with different combinations, they were unable to close the gap on the scoreboard.
Now, the young Rebaño will have to turn the page and focus on its next home match, when it hosts Tlaxcala on September 20 for Matchday 9 of the Apertura 2026 in the Liga de Expansión.
The goals:
- What a play to score the opener! In the 8th minute, after a bold diagonal run from the final third, Leonardo Jiménez took the ball, got into the box, and delivered a pinpoint cross for Daniel Villaseca, who arrived to meet it with a great header and open the scoring.- In the 30th minute, the home side leveled the match with a goal by SebastiánCervantes.- The Sinaloa side took the lead in the 66th minute with a goal from Oscar Coronel.- In the 96th minute, Leonardo Vargas scored the final 3-1 of the match.
#matchday
Tapa opened the scoring in the opening minutes with a goal from Daniel Villaseca. However, the home team made the most of its chances to come from behind. Although the Rojiblancos kept pushing forward with different combinations, they were unable to close the gap on the scoreboard.
Now, the young Rebaño will have to turn the page and focus on its next home match, when it hosts Tlaxcala on September 20 for Matchday 9 of the Apertura 2026 in the Liga de Expansión.
The goals:
- What a play to score the opener! In the 8th minute, after a bold diagonal run from the final third, Leonardo Jiménez took the ball, got into the box, and delivered a pinpoint cross for Daniel Villaseca, who arrived to meet it with a great header and open the scoring.- In the 30th minute, the home side leveled the match with a goal by SebastiánCervantes.- The Sinaloa side took the lead in the 66th minute with a goal from Oscar Coronel.- In the 96th minute, Leonardo Vargas scored the final 3-1 of the match.
#matchday
13 days ago
Tommy McMillen and Marwan Rahiki turned in one of the best featherweight fights ever earlier today (Sat., Sept. 12, 2026) at Noche UFC 4 LIVE on Paramount+ from inside Desert Diamond Arena in Glendale, Arizona, as the two prospects stood toe-to-toe and unleashed everything they had.
Both fighters came into this fight with something to prove. For McMillen, it was his chance to prove he's the real deal at 145 pounds and not just an exciting fighter from the Contender Series. For Rahiki, he was out to showcase his own potential in the UFC's talent-rich featherweight division and that he should get a bigger push from matchmakers instead of McMillen. It was a recipe for unfiltered chaos and that's exactly what fight fans witnessed.
The first round was a back-and-forth affair full of combinations and exchanges in close. McMillen showcased some of his wrestling along the way, but Rahiki did well to get back to his feet. The second round was even crazier as Rahiki landed a massive uppercut that sent McMillen crashing to the canvas. Rahiki chased McMillen all over the cage in search of a finish, but "Gun" somehow survived. It was a true testament to McMillen's heart, toughness, and elite cardio.
McMillen returned the favor in the third round when he regained momentum with a huge knockdown in the center of the Octagon. From there, McMillen was on cruise control. He attacked with chokes, combinations in the clinch, knees inside, and all-out pressure. Rahiki was fading for sure, but he somehow hung in long enough to hear the final buzzer sound. It was one of the wildest three-round fights you'll ever see and another reason why McMillen is one of the quickest rising stars in the sport.
In the end, McMillen walked away with the unanimous decision win. Check out the video highlights below and let us know if McMillen can maintain this pace as he further climbs the 145-pound ladder.
#mcmillen #round
Both fighters came into this fight with something to prove. For McMillen, it was his chance to prove he's the real deal at 145 pounds and not just an exciting fighter from the Contender Series. For Rahiki, he was out to showcase his own potential in the UFC's talent-rich featherweight division and that he should get a bigger push from matchmakers instead of McMillen. It was a recipe for unfiltered chaos and that's exactly what fight fans witnessed.
The first round was a back-and-forth affair full of combinations and exchanges in close. McMillen showcased some of his wrestling along the way, but Rahiki did well to get back to his feet. The second round was even crazier as Rahiki landed a massive uppercut that sent McMillen crashing to the canvas. Rahiki chased McMillen all over the cage in search of a finish, but "Gun" somehow survived. It was a true testament to McMillen's heart, toughness, and elite cardio.
McMillen returned the favor in the third round when he regained momentum with a huge knockdown in the center of the Octagon. From there, McMillen was on cruise control. He attacked with chokes, combinations in the clinch, knees inside, and all-out pressure. Rahiki was fading for sure, but he somehow hung in long enough to hear the final buzzer sound. It was one of the wildest three-round fights you'll ever see and another reason why McMillen is one of the quickest rising stars in the sport.
In the end, McMillen walked away with the unanimous decision win. Check out the video highlights below and let us know if McMillen can maintain this pace as he further climbs the 145-pound ladder.
#mcmillen #round
13 days ago
By Sarita Chaganti Singh
NEW DELHI, Sept 12 (Reuters) - The BRICS group of nations unanimously adopted a joint declaration on Saturday, expressing "deep concern" over the war in the Middle East and urged maximum restraint, advocating for a "multilateral approach" that respects national viewpoints.
The declaration, adopted on the first day of the BRICS leaders' annual summit in New Delhi, comes at a time when U.S. and Iran have resumed ****** -for-tat strikes against each other, after a pause in fighting for much of August.
The BRICS bloc includes both Iran and Washington-ally United Arab Emirates, which was expected to make clinching a joint statement consensus a particularly challenging task for host New Delhi.
"We express deep concern over the continued escalation of tensions in Middle East...call for exercising maximum restraint...avoiding actions that could further aggravate the situation," the 'New Delhi Declaration' said.
#declaration
NEW DELHI, Sept 12 (Reuters) - The BRICS group of nations unanimously adopted a joint declaration on Saturday, expressing "deep concern" over the war in the Middle East and urged maximum restraint, advocating for a "multilateral approach" that respects national viewpoints.
The declaration, adopted on the first day of the BRICS leaders' annual summit in New Delhi, comes at a time when U.S. and Iran have resumed ****** -for-tat strikes against each other, after a pause in fighting for much of August.
The BRICS bloc includes both Iran and Washington-ally United Arab Emirates, which was expected to make clinching a joint statement consensus a particularly challenging task for host New Delhi.
"We express deep concern over the continued escalation of tensions in Middle East...call for exercising maximum restraint...avoiding actions that could further aggravate the situation," the 'New Delhi Declaration' said.
#declaration
13 days ago
England and Canada set up a rematch of their Women's Rugby World Cup final from last year with crushing wins to begin the new WXV Global Series on Saturday.
The Red Roses overturned their first halftime deficit since 2020 and blew away Australia 48-15 with a seven-try second half in Salford.
Canada outclassed Scotland 64-26 in Edinburgh.
England will host Canada next Saturday in Exeter in their first matchup since the World Cup final a year ago at Twickenham, where England won 33-13.
In their first match since winning a record eighth straight Women's Six Nations ***** le in May, England was plagued by errors in the first half and thwarted by Australia's scrambling defense.
#england #canada #since #half
The Red Roses overturned their first halftime deficit since 2020 and blew away Australia 48-15 with a seven-try second half in Salford.
Canada outclassed Scotland 64-26 in Edinburgh.
England will host Canada next Saturday in Exeter in their first matchup since the World Cup final a year ago at Twickenham, where England won 33-13.
In their first match since winning a record eighth straight Women's Six Nations ***** le in May, England was plagued by errors in the first half and thwarted by Australia's scrambling defense.
#england #canada #since #half
13 days ago
Nicole Kidman has traveled to all seven continents, often sharing adventures with her sister and daughters
The Practical Magic 2 actress has balanced work and leisure, exploring destinations like Austria, Iceland and Mallorca with family and friends
Kidman frequently enjoys embarking on outdoors excursions, too
Nicole Kidman has traveled across the world for both personal and professional reasons.
The Practical Magic actress has previously spoken about how traveling and experiencing different cultures has affected her as a person and allowed her to "see different perspectives."
#austria
The Practical Magic 2 actress has balanced work and leisure, exploring destinations like Austria, Iceland and Mallorca with family and friends
Kidman frequently enjoys embarking on outdoors excursions, too
Nicole Kidman has traveled across the world for both personal and professional reasons.
The Practical Magic actress has previously spoken about how traveling and experiencing different cultures has affected her as a person and allowed her to "see different perspectives."
#austria
