29 days ago
For a subset of young workers, the name of the game is to squirrel away enough savings and investments so retirement can come early, substituting strategic personal finance for a lifetime of labor. (FIRE!)
It turns out that the post-pandemic boom and explosion of stock prices has already gifted many older Americans with a version of that lifestyle, according to Bank of America — and it's affecting the economy.
Labor force participation — which measures the share of people employed or seeking work among the total population — never recovered after the shock of the pandemic.
According to BofA's economics team, led by Aditya Bhave, the biggest driver behind the decline in overall labor force participation has been workers over age 55 leaving the workforce.
"This debunks a popular bearish narrative on the labor market: 'the u-rate would have been higher if participation hadn't fallen,'" Bhave wrote.
#according #workers #FIRE #americans
It turns out that the post-pandemic boom and explosion of stock prices has already gifted many older Americans with a version of that lifestyle, according to Bank of America — and it's affecting the economy.
Labor force participation — which measures the share of people employed or seeking work among the total population — never recovered after the shock of the pandemic.
According to BofA's economics team, led by Aditya Bhave, the biggest driver behind the decline in overall labor force participation has been workers over age 55 leaving the workforce.
"This debunks a popular bearish narrative on the labor market: 'the u-rate would have been higher if participation hadn't fallen,'" Bhave wrote.
#according #workers #FIRE #americans
30 days ago
NVDA and AAPL join MSFT to control 21% of the S&P 500, nearly double the prior three-stock record of 13% set in the 1980s.
SPY investors who also hold NVDA, AAPL, or MSFT directly are doubling up; TOPC caps each position at 3% as a concentration alternative.
Only 25% of S&P 500 stocks trade above their 50-day moving average, meaning the index's record high rests on historically thin participation.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
At the close on October 6, 2026, the S&P 500 finished at a record 7,818.93, up 0.58%. Three companies now account for an unusually large share of that level.
#nvda
SPY investors who also hold NVDA, AAPL, or MSFT directly are doubling up; TOPC caps each position at 3% as a concentration alternative.
Only 25% of S&P 500 stocks trade above their 50-day moving average, meaning the index's record high rests on historically thin participation.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
At the close on October 6, 2026, the S&P 500 finished at a record 7,818.93, up 0.58%. Three companies now account for an unusually large share of that level.
#nvda
1 month ago
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The Treasury Department said that over 60 million children have been automatically enrolled in Trump Accounts, according to guidance filed with the Federal Register.
"Millions of children have already enrolled in Trump Accounts. With automatic enrollment, over 60 million more eligible children now have an account ready to be claimed," Treasury Secretary Scott Bessent said in a statement.
The idea behind Trump Accounts is to give children a head start on building wealth. The accounts are a new type of tax-deferred individual retirement account for children. Any eligible child under 18 with a valid Social Security number can open an account, while U.S. citizens born between 2025 and 2028 may also qualify for a one-time $1,000 contribution from the government.
Until now, parents or guardians were required to sign up for accounts on their children's behalf. Participation has been low, however.
#accounts #treasury #million
The Treasury Department said that over 60 million children have been automatically enrolled in Trump Accounts, according to guidance filed with the Federal Register.
"Millions of children have already enrolled in Trump Accounts. With automatic enrollment, over 60 million more eligible children now have an account ready to be claimed," Treasury Secretary Scott Bessent said in a statement.
The idea behind Trump Accounts is to give children a head start on building wealth. The accounts are a new type of tax-deferred individual retirement account for children. Any eligible child under 18 with a valid Social Security number can open an account, while U.S. citizens born between 2025 and 2028 may also qualify for a one-time $1,000 contribution from the government.
Until now, parents or guardians were required to sign up for accounts on their children's behalf. Participation has been low, however.
#accounts #treasury #million
2 months ago
On September 9, 2026, Reuters reported that GE Aerospace (NYSE:GE) agreed to buy castings maker Consolidated Precision Products for $11.75 billion. It is its largest acquisition since becoming a standalone company in 2024, to secure the supply of the precision metal turbine-blade components that have been a persistent bottleneck across the jet engine industry. CPP is the world's third-largest maker of these parts. CEO Larry Culp called the capacity "mission-critical" as the company works through a backlog stretching into the next decade.
GE Aerospace (NYSE:GE) can use the acquisition to convert its massive backlog into revenue faster. The company's backlog exceeded $210 billion after its second-quarter results. It includes roughly $170 billion in commercial services and more than $30 billion in defense. The $11.75 billion acquisition of Consolidated Precision Products directly targets one of the supply-chain bottlenecks that has limited GE's ability to increase engine production. CPP supplies about one-quarter of GE's casting needs. It gives GE greater control over a critical manufacturing process and could help it meet deliveries tied to its long-term backlog.
Bringing CPP in-house could improve GE's production economics while reducing supplier dependence. Spare-parts delinquencies jumped 20% sequentially in the second quarter. It shows the ongoing operational impact of supply constraints. GE plans to apply its Flight Deck lean operating model at CPP to improve factory yields and machine utilization and reduce scrap and rework. The company expects the acquisition to generate about $200 million in net synergies and achieve double-digit return on invested capital by the fifth year. It gives investors a measurable path to stronger returns from the deal.
The acquisition makes GE's position solid in the next generation of engines. GE expects demand for airfoils to increase more than 30% by 2030 from 2026 levels. CPP's casting expertise could help GE bring new airfoil designs into production faster. The business also expects CPP to make roughly $2 billion in revenue in 2027. That combination gives investors a potential path to higher production capacity, faster technology development, and stronger long-term participation in commercial and defense aerospace demand.
GE Aerospace (NYSE:GE) must justify a nearly $12 billion investment, and investors already ******* ign a premium valuation to the stock. GE Aerospace trades at roughly 46 times forward earnings. It leaves investors with limited tolerance for execution problems or weaker-than-expected returns. The company will fund $7 billion of the acquisition with cash and finance the remainder with new debt. So GE needs CPP's earnings and operating improvements to make sufficient returns to support the purchase price and protect shareholder value.
#billion #backlog #supply
GE Aerospace (NYSE:GE) can use the acquisition to convert its massive backlog into revenue faster. The company's backlog exceeded $210 billion after its second-quarter results. It includes roughly $170 billion in commercial services and more than $30 billion in defense. The $11.75 billion acquisition of Consolidated Precision Products directly targets one of the supply-chain bottlenecks that has limited GE's ability to increase engine production. CPP supplies about one-quarter of GE's casting needs. It gives GE greater control over a critical manufacturing process and could help it meet deliveries tied to its long-term backlog.
Bringing CPP in-house could improve GE's production economics while reducing supplier dependence. Spare-parts delinquencies jumped 20% sequentially in the second quarter. It shows the ongoing operational impact of supply constraints. GE plans to apply its Flight Deck lean operating model at CPP to improve factory yields and machine utilization and reduce scrap and rework. The company expects the acquisition to generate about $200 million in net synergies and achieve double-digit return on invested capital by the fifth year. It gives investors a measurable path to stronger returns from the deal.
The acquisition makes GE's position solid in the next generation of engines. GE expects demand for airfoils to increase more than 30% by 2030 from 2026 levels. CPP's casting expertise could help GE bring new airfoil designs into production faster. The business also expects CPP to make roughly $2 billion in revenue in 2027. That combination gives investors a potential path to higher production capacity, faster technology development, and stronger long-term participation in commercial and defense aerospace demand.
GE Aerospace (NYSE:GE) must justify a nearly $12 billion investment, and investors already ******* ign a premium valuation to the stock. GE Aerospace trades at roughly 46 times forward earnings. It leaves investors with limited tolerance for execution problems or weaker-than-expected returns. The company will fund $7 billion of the acquisition with cash and finance the remainder with new debt. So GE needs CPP's earnings and operating improvements to make sufficient returns to support the purchase price and protect shareholder value.
#billion #backlog #supply
2 months ago
The Commodity and Futures Trading Commission on Thursday paved the way to expand prediction markets and cryptocurrency trading on certain online platforms. DraftKings led a retreat for sports betting stocks Thursday.
The CFTC's Market Participation division issued a no-action letter, saying it will not take enforcement action against providers of what the agency called "passive software."
These passive software providers include companies and developers that offer prediction market, derivatives or crypto trading services, but do not take custody of user ***** ets.
"Subject to certain specified conditions, MPD will not recommend the Commission take enforcement action against any such provider or their relevant personnel for failure to register as an introducing broker or an ***** ociated person of an introducing broker," the regulator said in its announcement. However, this only applies to the "provision and marketing of software to facilitate trading" between users and registered futures commission merchants, introducing brokers, and designated contract merchants.
The decision follows a similar no-action letter from the CFTC in March, which responded to a request from self-custody crypto wallet provider Phantom Technologies, Bloomberg reported. Phantom Technologies partnered with Kalshi to offer predictions market trading to its more than 20 million crypto wallet holders.
#action
The CFTC's Market Participation division issued a no-action letter, saying it will not take enforcement action against providers of what the agency called "passive software."
These passive software providers include companies and developers that offer prediction market, derivatives or crypto trading services, but do not take custody of user ***** ets.
"Subject to certain specified conditions, MPD will not recommend the Commission take enforcement action against any such provider or their relevant personnel for failure to register as an introducing broker or an ***** ociated person of an introducing broker," the regulator said in its announcement. However, this only applies to the "provision and marketing of software to facilitate trading" between users and registered futures commission merchants, introducing brokers, and designated contract merchants.
The decision follows a similar no-action letter from the CFTC in March, which responded to a request from self-custody crypto wallet provider Phantom Technologies, Bloomberg reported. Phantom Technologies partnered with Kalshi to offer predictions market trading to its more than 20 million crypto wallet holders.
#action
2 months ago
London-based Velocity has raised an additional $10 million, extending its Series A to $48 million at a $200 million post-money valuation, with participation from Visa Ventures, Circle Ventures, and Ripple. The fresh capital will fund infrastructure connecting stablecoins to existing payment networks, settlement systems, and corporate treasury operations.
The extension follows a $38 million Series A announced in July, which CEO Eric Queathem said was oversubscribed. Haun Ventures, Translink Capital, and Mirana Ventures also joined the extension round, pushing the total investor list well beyond typical crypto-native venture backers into strategic corporate money from a card network and a stablecoin issuer directly.
Velocity's platform lets payment companies and banks use stablecoins for settlement, liquidity, and treasury operations without ripping out the systems they already run. That's a deliberate scope: the company is targeting the layer connecting issuers, card networks, acquirers, and merchants, not the wallet consumers see.
Stablecoin circulation has grown past $300 billion, with usage expanding from crypto-exchange dollar transfers into payments, cross-border transfers, and corporate treasury work, the exact seam Velocity is trying to occupy.
Earn $50 and Enter $300K Prize Draw on EdgeX
#million #capital #stablecoin #connecting
The extension follows a $38 million Series A announced in July, which CEO Eric Queathem said was oversubscribed. Haun Ventures, Translink Capital, and Mirana Ventures also joined the extension round, pushing the total investor list well beyond typical crypto-native venture backers into strategic corporate money from a card network and a stablecoin issuer directly.
Velocity's platform lets payment companies and banks use stablecoins for settlement, liquidity, and treasury operations without ripping out the systems they already run. That's a deliberate scope: the company is targeting the layer connecting issuers, card networks, acquirers, and merchants, not the wallet consumers see.
Stablecoin circulation has grown past $300 billion, with usage expanding from crypto-exchange dollar transfers into payments, cross-border transfers, and corporate treasury work, the exact seam Velocity is trying to occupy.
Earn $50 and Enter $300K Prize Draw on EdgeX
#million #capital #stablecoin #connecting
2 months ago
A company that specializes in autonomous power deployment said it has raised $31.8 million to scale its operations, with investments from major groups including Google and Bill Gates-founded Breakthrough Energy Ventures (BEV). California-based Planted said the new capital expands its robotic fleet. The company said the funding also supports the launch of Sage, its next-generation robot, as demand outpaces the company's current capacity.Planted on September 15 said the funding round was led by Piva Capital and RA Capital Management Planetary Health, with participation from Gigascale Capital and Open AI-backer Khosla Ventures, along with Google and BEV. Gigascale Capital was founded by former Meta executive Mike Schroepfer."Globally, solar needs to be deployed about five times faster than it is today to hit the scale experts project we'll need by 2050, and the gap is growing as the industry confronts constraints involving supply chains, land, interconnection, and skilled labor," said Eric Brown, CEO of Planted. "The way to close that gap is to turn the construction of a power plant into a manufacturing problem: building robots and deployment systems, not just projects. We have robots in the field proving the model works today. This round is how we scale it."
Brown's group on Tuesday said a record 664 GW of solar photovoltaic power was installed worldwide last year, but noted terawatts of new generation capacity are needed to meet projected demand. The company said it combines planning software, high-density terrain-following solar arrays, storage, and field robotics into one system, which enables Planted to build on parcels of land that legacy trackers cannot use. The company said its system also delivers twice the energy per acre, resulting in smaller project footprints and a lower profile on the landscape.Planted said its array "is simplified, designed for automation, and defined in software," and thus can deliver new power generation capacity in months rather than years. Planted's most recent build, a 28-MW behind-the-meter project serving a neocloud data center, went from first call to power in 10 months, with field construction completed in under three months.Planted on Tuesday said the company's development model "is proven and bankable," and noted its projects carry independent engineering validation and project financing. The company completed Bowes Solar, an 11-MW project in Illinois for Cultivate Power, and will next build Aligned Climate Capital's Armoracia project on 16 acres, 10 fewer than the original design required. The denser redesign moved the project through local review after the initial layout was rejected, according to the company. Planted, which deployed more than 10 MW in 2025, is on track for 100 MW in 2026, a 10x jump in a single year, with a project pipeline of more than 20 GW.The company said Sage, the next-generation robot, will be deployed later this year.
#Solar
Brown's group on Tuesday said a record 664 GW of solar photovoltaic power was installed worldwide last year, but noted terawatts of new generation capacity are needed to meet projected demand. The company said it combines planning software, high-density terrain-following solar arrays, storage, and field robotics into one system, which enables Planted to build on parcels of land that legacy trackers cannot use. The company said its system also delivers twice the energy per acre, resulting in smaller project footprints and a lower profile on the landscape.Planted said its array "is simplified, designed for automation, and defined in software," and thus can deliver new power generation capacity in months rather than years. Planted's most recent build, a 28-MW behind-the-meter project serving a neocloud data center, went from first call to power in 10 months, with field construction completed in under three months.Planted on Tuesday said the company's development model "is proven and bankable," and noted its projects carry independent engineering validation and project financing. The company completed Bowes Solar, an 11-MW project in Illinois for Cultivate Power, and will next build Aligned Climate Capital's Armoracia project on 16 acres, 10 fewer than the original design required. The denser redesign moved the project through local review after the initial layout was rejected, according to the company. Planted, which deployed more than 10 MW in 2025, is on track for 100 MW in 2026, a 10x jump in a single year, with a project pipeline of more than 20 GW.The company said Sage, the next-generation robot, will be deployed later this year.
#Solar
2 months ago
A company that specializes in autonomous power deployment said it has raised $31.8 million to scale its operations, with investments from major groups including Google and Bill Gates-founded Breakthrough Energy Ventures (BEV). California-based Planted said the new capital expands its robotic fleet. The company said the funding also supports the launch of Sage, its next-generation robot, as demand outpaces the company's current capacity.Planted on September 15 said the funding round was led by Piva Capital and RA Capital Management Planetary Health, with participation from Gigascale Capital and Open AI-backer Khosla Ventures, along with Google and BEV. Gigascale Capital was founded by former Meta executive Mike Schroepfer."Globally, solar needs to be deployed about five times faster than it is today to hit the scale experts project we'll need by 2050, and the gap is growing as the industry confronts constraints involving supply chains, land, interconnection, and skilled labor," said Eric Brown, CEO of Planted. "The way to close that gap is to turn the construction of a power plant into a manufacturing problem: building robots and deployment systems, not just projects. We have robots in the field proving the model works today. This round is how we scale it."
Brown's group on Tuesday said a record 664 GW of solar photovoltaic power was installed worldwide last year, but noted terawatts of new generation capacity are needed to meet projected demand. The company said it combines planning software, high-density terrain-following solar arrays, storage, and field robotics into one system, which enables Planted to build on parcels of land that legacy trackers cannot use. The company said its system also delivers twice the energy per acre, resulting in smaller project footprints and a lower profile on the landscape.Planted said its array "is simplified, designed for automation, and defined in software," and thus can deliver new power generation capacity in months rather than years. Planted's most recent build, a 28-MW behind-the-meter project serving a neocloud data center, went from first call to power in 10 months, with field construction completed in under three months.Planted on Tuesday said the company's development model "is proven and bankable," and noted its projects carry independent engineering validation and project financing. The company completed Bowes Solar, an 11-MW project in Illinois for Cultivate Power, and will next build Aligned Climate Capital's Armoracia project on 16 acres, 10 fewer than the original design required. The denser redesign moved the project through local review after the initial layout was rejected, according to the company. Planted, which deployed more than 10 MW in 2025, is on track for 100 MW in 2026, a 10x jump in a single year, with a project pipeline of more than 20 GW.The company said Sage, the next-generation robot, will be deployed later this year.
#project #next
Brown's group on Tuesday said a record 664 GW of solar photovoltaic power was installed worldwide last year, but noted terawatts of new generation capacity are needed to meet projected demand. The company said it combines planning software, high-density terrain-following solar arrays, storage, and field robotics into one system, which enables Planted to build on parcels of land that legacy trackers cannot use. The company said its system also delivers twice the energy per acre, resulting in smaller project footprints and a lower profile on the landscape.Planted said its array "is simplified, designed for automation, and defined in software," and thus can deliver new power generation capacity in months rather than years. Planted's most recent build, a 28-MW behind-the-meter project serving a neocloud data center, went from first call to power in 10 months, with field construction completed in under three months.Planted on Tuesday said the company's development model "is proven and bankable," and noted its projects carry independent engineering validation and project financing. The company completed Bowes Solar, an 11-MW project in Illinois for Cultivate Power, and will next build Aligned Climate Capital's Armoracia project on 16 acres, 10 fewer than the original design required. The denser redesign moved the project through local review after the initial layout was rejected, according to the company. Planted, which deployed more than 10 MW in 2025, is on track for 100 MW in 2026, a 10x jump in a single year, with a project pipeline of more than 20 GW.The company said Sage, the next-generation robot, will be deployed later this year.
#project #next
2 months ago
Bayer Leverkusen and NK Celje clash this Wednesday at the BayArena of the UEFA Europa League. Bayer Leverkusen, who have already won this tournament, mark their 21st participation in the competition, whilst NK Celje go into their 2nd.
In their last game, Bayer Leverkusen drew 2-2 with FC Augsburg (1. Bundesliga 2026/27). Last time out, NK Celje slipped to a 2-1 defeat against NK Bravo (Slovenian League 2026/27).
Montrell Culbreath - Foot Injury
Bayer Leverkusen ( vs FC Augsburg 2026-09-12): Mark Flekken, Jarell Quansah, Edmond Tapsoba, Facundo Medina, Miguel Gutiérrez, Aleix García, Equi Fernández, Moussa Diaby, Ibrahim Maza, Afonso Moreira, Christian Kofane
NK Celje ( vs NK Bravo 2026-09-12): Zan Luk Leban, Pijus Sirvys, Leonardo Koutris, Artemijus Tutyskinas, Papa Mustapha, Mark Zabukovnik, Darko Hrka, Mario Kvesić, Benjamin Verbic, Matic Ivansek, Blaz Kramer
#bayer #bayarena
In their last game, Bayer Leverkusen drew 2-2 with FC Augsburg (1. Bundesliga 2026/27). Last time out, NK Celje slipped to a 2-1 defeat against NK Bravo (Slovenian League 2026/27).
Montrell Culbreath - Foot Injury
Bayer Leverkusen ( vs FC Augsburg 2026-09-12): Mark Flekken, Jarell Quansah, Edmond Tapsoba, Facundo Medina, Miguel Gutiérrez, Aleix García, Equi Fernández, Moussa Diaby, Ibrahim Maza, Afonso Moreira, Christian Kofane
NK Celje ( vs NK Bravo 2026-09-12): Zan Luk Leban, Pijus Sirvys, Leonardo Koutris, Artemijus Tutyskinas, Papa Mustapha, Mark Zabukovnik, Darko Hrka, Mario Kvesić, Benjamin Verbic, Matic Ivansek, Blaz Kramer
#bayer #bayarena
2 months 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
2 months ago
Sturm Graz and Rennes face off this Wednesday at the Stadion Graz-Liebenau in UEFA Europa League. Sturm Graz mark their 16th participation in the competition, whilst Rennes go into their 9th.
Last time out, Sturm Graz triumphed 2-1 against LASK Linz (Austrian Bundesliga Grunddurchgang 2026/27). In their last game, Rennes won 1-0 against Marseille (Ligue 1 2026/27).
Emran Soglo - Hamstring Injury
Axel Kayombo - No Eligibility
Szymon Wlodarczyk - No Eligibility
#last #wednesday
Last time out, Sturm Graz triumphed 2-1 against LASK Linz (Austrian Bundesliga Grunddurchgang 2026/27). In their last game, Rennes won 1-0 against Marseille (Ligue 1 2026/27).
Emran Soglo - Hamstring Injury
Axel Kayombo - No Eligibility
Szymon Wlodarczyk - No Eligibility
#last #wednesday
2 months ago
Anderlecht host Lyon this Wednesday at the Lotto Park of the UEFA Europa League. Anderlecht, who have already won this tournament, mark their 23rd participation in the competition, whilst Lyon go into their 17th.
Last time out, Anderlecht triumphed 0-1 against KV Mechelen (Jupiler Pro League 2026/27). In their last game, Lyon drew 0-0 with Paris FC (Ligue 1 2026/27).
The last meeting between the two teams ended with Lyon winning 3-1.
Ilay Camara - Broken Foot
Lucas Hey - Fracture
#park
Last time out, Anderlecht triumphed 0-1 against KV Mechelen (Jupiler Pro League 2026/27). In their last game, Lyon drew 0-0 with Paris FC (Ligue 1 2026/27).
The last meeting between the two teams ended with Lyon winning 3-1.
Ilay Camara - Broken Foot
Lucas Hey - Fracture
#park
2 months ago
King Charles appears to have helped clear up a royal misunderstanding surrounding Prince Harry's Invictus Games. Uganda has reversed its decision to withdraw from the 2027 event after a phone call involving Buckingham Palace. The switch comes just days after Uganda's military chief said the country would stay away out of respect for King Charles. Now, the team is back in.
Uganda's military announced the reversal on Sept. 14. General Muhoozi Kainerugaba approved the Uganda People's Defence Forces' participation in the Invictus Games 2027 after speaking with Sir Clive Alderton.
Alderton serves as Principal Private Secretary to King Charles and Queen Camilla. The official Ugandan statement said the two men spoke by phone before Kainerugaba reinstated the team.
ITV News reported that Alderton told Kainerugaba the King was "moved" by his consideration of the monarch's position. However, King Charles had "no problem" with Uganda competing and encouraged the country to continue.
That clarification resolved an unusual dispute. Kainerugaba announced Uganda's withdrawal on Sept. 9 because he did not want participation interpreted as opposition to King Charles. He also said Uganda would not join anything without the monarch's approval.
#king #charles #invictus #military
Uganda's military announced the reversal on Sept. 14. General Muhoozi Kainerugaba approved the Uganda People's Defence Forces' participation in the Invictus Games 2027 after speaking with Sir Clive Alderton.
Alderton serves as Principal Private Secretary to King Charles and Queen Camilla. The official Ugandan statement said the two men spoke by phone before Kainerugaba reinstated the team.
ITV News reported that Alderton told Kainerugaba the King was "moved" by his consideration of the monarch's position. However, King Charles had "no problem" with Uganda competing and encouraged the country to continue.
That clarification resolved an unusual dispute. Kainerugaba announced Uganda's withdrawal on Sept. 9 because he did not want participation interpreted as opposition to King Charles. He also said Uganda would not join anything without the monarch's approval.
#king #charles #invictus #military
2 months ago
The King has stepped in to help reinstate Uganda's participation in Prince Harry's Invictus Games after the country withdrew from the tournament.
Charles, 77, was "moved" by General Kainerugaba's consideration of his opinion and encouraged the chief to proceed with preparations for the country's participation in the games, according to Sir Clive Alderton, the King and Queen's principal private secretary.
The General has now approved participation in the upcoming Games, which was founded by the Duke of Sussex in 2014 and will next be held in 2027 in Birmingham, following a telephone phone call with Sir Clive, it was revealed on Monday.
Chris Magezi, the spokesperson for Uganda People's Defence Forces (UPDF), wrote on social media: "The decision follows a telephone conversation between General Kainerugaba and the Principal Private Secretary to His Majesty The King and Her Majesty The Queen of the United Kingdom, the Right Honourable Sir Clive Alderton K.C.V.O."
King Charles has stepped in to help out Prince Harry (@ Samir Hussein/WireImage)
#participation #charles #majesty
Charles, 77, was "moved" by General Kainerugaba's consideration of his opinion and encouraged the chief to proceed with preparations for the country's participation in the games, according to Sir Clive Alderton, the King and Queen's principal private secretary.
The General has now approved participation in the upcoming Games, which was founded by the Duke of Sussex in 2014 and will next be held in 2027 in Birmingham, following a telephone phone call with Sir Clive, it was revealed on Monday.
Chris Magezi, the spokesperson for Uganda People's Defence Forces (UPDF), wrote on social media: "The decision follows a telephone conversation between General Kainerugaba and the Principal Private Secretary to His Majesty The King and Her Majesty The Queen of the United Kingdom, the Right Honourable Sir Clive Alderton K.C.V.O."
King Charles has stepped in to help out Prince Harry (@ Samir Hussein/WireImage)
#participation #charles #majesty
2 months ago
Veteran defensive back L'Jarius Sneed was listed on the Kansas City Chiefs' final injury report ahead of the team's Week 1 matchup against the Denver Broncos on 'Monday Night Football.'
Should fans expect to see Sneed take the field in Kansas City's home opener at Arrowhead Stadium on September 14?
Here's the latest update on Sneed's status in Week 1:
Sneed was downgraded to limited participation in practice on Saturday due to a knee injury, but the Chiefs declined to give him an official game status designation for Kansas City's rivalry tilt with Denver.
Here's the final injury report for the Chiefs and Broncos. pic.twitter.com/rDKVjH6WH0
#sneed #chiefs #final #status
Should fans expect to see Sneed take the field in Kansas City's home opener at Arrowhead Stadium on September 14?
Here's the latest update on Sneed's status in Week 1:
Sneed was downgraded to limited participation in practice on Saturday due to a knee injury, but the Chiefs declined to give him an official game status designation for Kansas City's rivalry tilt with Denver.
Here's the final injury report for the Chiefs and Broncos. pic.twitter.com/rDKVjH6WH0
#sneed #chiefs #final #status
2 months ago
The Denver Broncos and Kansas City Chiefs have released their final injury update before their Monday Night Football showdown in Week 1. The big news is that defensive lineman Chris Jones did not practice on Saturday, but is not listed with any status so he is good to go for this game.
Here is your full Broncos-Chiefs practice participation report for Saturday.
Player
Pos.
Injury
#Broncos #chiefs
Here is your full Broncos-Chiefs practice participation report for Saturday.
Player
Pos.
Injury
#Broncos #chiefs
2 months ago
NBA ticket prices are turning live basketball into a luxury appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
The NBA sells access to its biggest moments, but opening-week prices for the 2026-27 season suggest that access increasingly belongs to fans with deep pockets. SeatPick examined the 41 games on the schedule from Oct. 20 through Oct. 25 and calculated a $326 average ticket price across the league.
That figure already represents a serious commitment for one seat. The market becomes even more extreme around marquee teams and matchups. At the opposite end, several fanbases can enter the building for a fraction of that amount. The result resembles two different NBA experiences: one that invites broad participation and another that treats entry as a luxury purchase.
Demand will always separate a major event from an ordinary night on the schedule. Still, a league fueled by emotional investment should care when its most devoted supporters can follow the moment more easily than they can afford to witness it.
Watch sports LIVE with fuboTV (free trial)
#schedule #preferred
The NBA sells access to its biggest moments, but opening-week prices for the 2026-27 season suggest that access increasingly belongs to fans with deep pockets. SeatPick examined the 41 games on the schedule from Oct. 20 through Oct. 25 and calculated a $326 average ticket price across the league.
That figure already represents a serious commitment for one seat. The market becomes even more extreme around marquee teams and matchups. At the opposite end, several fanbases can enter the building for a fraction of that amount. The result resembles two different NBA experiences: one that invites broad participation and another that treats entry as a luxury purchase.
Demand will always separate a major event from an ordinary night on the schedule. Still, a league fueled by emotional investment should care when its most devoted supporters can follow the moment more easily than they can afford to witness it.
Watch sports LIVE with fuboTV (free trial)
#schedule #preferred
2 months ago
ExxonMobil Holdings Corporation (NYSE:XOM) agreed to increase its Papua LNG interest from 28.7% to 34.1% and ***** ume operatorship, as disclosed on September 7. The proposed ownership percentages reflect Papua New Guinea's state participation rights.
Papua LNG targets a fourth-quarter 2026 final investment decision, or FID. Santos Limited (ASX:STO) disclosed FID as a closing condition for its own stake acquisition; the operatorship announcement did not specify an equivalent condition.
TotalEnergies SE (NYSE:TTE) said redesign and contractor rebidding had reduced estimated development spending by nearly $4 billion since 2024 to approximately $14 billion. The project would produce 5.6 million tonnes of liquefied natural gas annually. The question is whether that smaller budget can support attractive returns through construction and an uncertain LNG market.
ExxonMobil Holdings Corporation (NYSE:XOM) already operates neighboring PNG LNG. Combining operatorship could improve coordination during construction and operations, including the redesigned handling of upstream condensate. That gives the proposed efficiency gains a practical basis in existing infrastructure and local experience.
The cost reduction is substantial. Mechanically, nearly $4 billion off an approximately $18 billion previous estimate represents about 22%. For ExxonMobil Holdings Corporation (NYSE:XOM), lower development spending would reduce the capital required to generate each future dollar of project cash flow, ***** uming production and operating economics hold.
#holdings #operatorship
Papua LNG targets a fourth-quarter 2026 final investment decision, or FID. Santos Limited (ASX:STO) disclosed FID as a closing condition for its own stake acquisition; the operatorship announcement did not specify an equivalent condition.
TotalEnergies SE (NYSE:TTE) said redesign and contractor rebidding had reduced estimated development spending by nearly $4 billion since 2024 to approximately $14 billion. The project would produce 5.6 million tonnes of liquefied natural gas annually. The question is whether that smaller budget can support attractive returns through construction and an uncertain LNG market.
ExxonMobil Holdings Corporation (NYSE:XOM) already operates neighboring PNG LNG. Combining operatorship could improve coordination during construction and operations, including the redesigned handling of upstream condensate. That gives the proposed efficiency gains a practical basis in existing infrastructure and local experience.
The cost reduction is substantial. Mechanically, nearly $4 billion off an approximately $18 billion previous estimate represents about 22%. For ExxonMobil Holdings Corporation (NYSE:XOM), lower development spending would reduce the capital required to generate each future dollar of project cash flow, ***** uming production and operating economics hold.
#holdings #operatorship
2 months ago
The NFL and Powerball have joined forces to offer a new lottery game for U.S. residents in 23 states and Washington, D.C.: Xs and Os.
Here's what you need to know:
Powerball Xs & Os is the latest lottery offering from Powerball and NFL. Players pick their favorite eight NFL team logos for a chance to win a rolling cash jackpot. Tickets are available now, as sales started on Sept. 8, 2026.
Lottery participation is subject to official game rules, all applicable laws and regulations and any participating lottery jurisdiction requirements.
"Powerball Xs & Os is more than a game launch – it's the debut of the first national promotional prize program in Powerball history," said Jay Finks, Powerball Xs & Os product group chair and Oklahoma Lottery executive director.
#powerball #finks #oklahoma
Here's what you need to know:
Powerball Xs & Os is the latest lottery offering from Powerball and NFL. Players pick their favorite eight NFL team logos for a chance to win a rolling cash jackpot. Tickets are available now, as sales started on Sept. 8, 2026.
Lottery participation is subject to official game rules, all applicable laws and regulations and any participating lottery jurisdiction requirements.
"Powerball Xs & Os is more than a game launch – it's the debut of the first national promotional prize program in Powerball history," said Jay Finks, Powerball Xs & Os product group chair and Oklahoma Lottery executive director.
#powerball #finks #oklahoma
2 months ago
There was a single change on either team's practice participation report on Friday with Kansas City Chiefs' defensive lineman Chris Jones getting limited by a calf issue. We'll have to see what they do with him on Saturday's practice and official game status. For the Denver Broncos, having Jones limited inside would certainly be helpful to keep Bo Nix on schedule. However, I wouldn't count on it as the likely future Hall of Famer is used to terrorizing inside.
Here is your full Broncos-Chiefs practice participation report for Friday.
Player
Pos.
Injury
#practice #chiefs #participation #inside
Here is your full Broncos-Chiefs practice participation report for Friday.
Player
Pos.
Injury
#practice #chiefs #participation #inside
2 months ago
The Detroit Lions will enter Week 1 with only one player carrying an injury designation for Sunday's opener against the New Orleans Saints.
Defensive back Christian Izien is questionable with a groin injury after being limited throughout the week. Everyone else listed on Detroit's final report finished Friday as a full participant and carries no game-status designation.
That includes rookie edge rusher Derrick Moore and defensive lineman Mekhi Wingo, who both progressed from limited participation Wednesday and Thursday to full participation Friday. Detroit's official final Week 1 injury report leaves Izien as the only legitimate availability question heading into the weekend.
That is a considerably cleaner injury picture than Detroit faced during much of training camp.
Moore's progression is particularly encouraging.
#injury #detroit #designation
Defensive back Christian Izien is questionable with a groin injury after being limited throughout the week. Everyone else listed on Detroit's final report finished Friday as a full participant and carries no game-status designation.
That includes rookie edge rusher Derrick Moore and defensive lineman Mekhi Wingo, who both progressed from limited participation Wednesday and Thursday to full participation Friday. Detroit's official final Week 1 injury report leaves Izien as the only legitimate availability question heading into the weekend.
That is a considerably cleaner injury picture than Detroit faced during much of training camp.
Moore's progression is particularly encouraging.
#injury #detroit #designation
2 months ago
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The competitive field to build out the tech infrastructure to ease the use of alternative investments in the wealth channel just got a little more crowded as New York-based fintech Aqua announced a $18.8 million Series A to back what it's calling a turnkey alternative investments platform.
The AI-native platform seeks to be a single solution that brings fund creation, operational workflows, investment lifecycle management, marketplace access, document intelligence and investor servicing into a single environment. In addition to managing off-the-shelf private market funds, advisors using Aqua can build special purpose vehicles, registered funds, fund of funds and feeder funds.
The $15 million Series A, led by Arthur Ventures with participation from Alumni Ventures, follows a 2021 $3.8 million seed round backed by Google's AI Fund, Y Combinator. It plans to use the funding to accelerate business and platform development, expand its engineering and partnership teams, and deepen integrations across custodians and fund sponsors. (The firm started as a team of six, but now has two dozen employees and it plans to continue to staff up as it onboards more advisors and fund managers.)
To be sure, Aqua is far from alone in attempting to streamline the alternative investments process. The **** e continues to be led by well-known players iCapital and CAIS, which service thousands of wealth firms through their marketplaces, and each has continued to add tech to support the lifecycle of alternative investments. Firms including SUBSCRIBE, Canoe, Gridline, Allocate, Alto, Arch, Opto, GLAS Funds, Altigo/SEI and Apex Alts also compete in the area, focusing on streamlining all aspects of the investment process. In addition, traditional TAMPs like InvestCloud, Envestnet, Orion, Addepar and Black Diamond have made enhancements to support private markets.
#Investments #subscribe #series
The competitive field to build out the tech infrastructure to ease the use of alternative investments in the wealth channel just got a little more crowded as New York-based fintech Aqua announced a $18.8 million Series A to back what it's calling a turnkey alternative investments platform.
The AI-native platform seeks to be a single solution that brings fund creation, operational workflows, investment lifecycle management, marketplace access, document intelligence and investor servicing into a single environment. In addition to managing off-the-shelf private market funds, advisors using Aqua can build special purpose vehicles, registered funds, fund of funds and feeder funds.
The $15 million Series A, led by Arthur Ventures with participation from Alumni Ventures, follows a 2021 $3.8 million seed round backed by Google's AI Fund, Y Combinator. It plans to use the funding to accelerate business and platform development, expand its engineering and partnership teams, and deepen integrations across custodians and fund sponsors. (The firm started as a team of six, but now has two dozen employees and it plans to continue to staff up as it onboards more advisors and fund managers.)
To be sure, Aqua is far from alone in attempting to streamline the alternative investments process. The **** e continues to be led by well-known players iCapital and CAIS, which service thousands of wealth firms through their marketplaces, and each has continued to add tech to support the lifecycle of alternative investments. Firms including SUBSCRIBE, Canoe, Gridline, Allocate, Alto, Arch, Opto, GLAS Funds, Altigo/SEI and Apex Alts also compete in the area, focusing on streamlining all aspects of the investment process. In addition, traditional TAMPs like InvestCloud, Envestnet, Orion, Addepar and Black Diamond have made enhancements to support private markets.
#Investments #subscribe #series
2 months ago
The Philadelphia Eagles issued their second official injury report of the week on Thursday in advance of their Week 1 game against the Washington Commanders.
The Eagles listed two players under LIMITED PARTICIPATION: Jonathan Greenard and Eli Stowers.
The Eagles are said to be determining Greenard's availability based on how he fares in practice this week. Two days of him being limited doesn't necessarily preclude him from playing … but they'd probably like to see him get at least one full session in before he suits up. So, we'll see how things go for Friday's final injury report.
Eagles edge rusher Jonathan Greenard said he does not know if he will play Sunday (“That’s up to (the coaches)”)
He called his pec injury “one of them freak things” that happened while working out.
“Thank God I didn’t need surgery.”
“Obviously it's not 100 (percent), but in a…
"We're close, I know that."
Asked #Eagles edge rusher Jonathan Greenard if he will play Sunday against the Commanders and he said that will be a coaches decision.
Greenard said his pec injury came from lifting weights and was a "freak injury" pic.twitter.com/GxKWpgo2aM
#Eagles #injury
The Eagles listed two players under LIMITED PARTICIPATION: Jonathan Greenard and Eli Stowers.
The Eagles are said to be determining Greenard's availability based on how he fares in practice this week. Two days of him being limited doesn't necessarily preclude him from playing … but they'd probably like to see him get at least one full session in before he suits up. So, we'll see how things go for Friday's final injury report.
Eagles edge rusher Jonathan Greenard said he does not know if he will play Sunday (“That’s up to (the coaches)”)
He called his pec injury “one of them freak things” that happened while working out.
“Thank God I didn’t need surgery.”
“Obviously it's not 100 (percent), but in a…
"We're close, I know that."
Asked #Eagles edge rusher Jonathan Greenard if he will play Sunday against the Commanders and he said that will be a coaches decision.
Greenard said his pec injury came from lifting weights and was a "freak injury" pic.twitter.com/GxKWpgo2aM
#Eagles #injury
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2 months ago
Stivers will have six games on the remainder of its 2026 football schedule.
The Tigers new schedule was finalized Thursday, Sept. 11 by Dayton Public Schools.
Stivers will restart its season against Thurgood Marshall on Sept. 17. Stivers kept road games against Shroder, Norwood and Vanlue from its original slate, and also received a commitment from St. Bernard-Elmwood Place. The Tigers also rescheduled a game against Dunbar at Welcome Stadium.
DPS Superintendent Dr. David Lawrence announced Sept. 2 Stivers would attempt to finish the season one day after the district said its season would be canceled. The district originally canceled the season due to what the district described as not being able to continue "safely and responsibly" stemming from injuries and low player participation numbers. DPS officials reversed its decision after holding a meeting with parents and staff the following day.
Stivers began the 2026 season with a game on Aug. 21 against Gamble Montessori which it lost 50-6. The originally scheduled game against Dunbar the next week was canceled and a few days after the entire season was canceled which caused several teams originally on the Stivers schedule to find new games.
#games #schedule #district #originally
The Tigers new schedule was finalized Thursday, Sept. 11 by Dayton Public Schools.
Stivers will restart its season against Thurgood Marshall on Sept. 17. Stivers kept road games against Shroder, Norwood and Vanlue from its original slate, and also received a commitment from St. Bernard-Elmwood Place. The Tigers also rescheduled a game against Dunbar at Welcome Stadium.
DPS Superintendent Dr. David Lawrence announced Sept. 2 Stivers would attempt to finish the season one day after the district said its season would be canceled. The district originally canceled the season due to what the district described as not being able to continue "safely and responsibly" stemming from injuries and low player participation numbers. DPS officials reversed its decision after holding a meeting with parents and staff the following day.
Stivers began the 2026 season with a game on Aug. 21 against Gamble Montessori which it lost 50-6. The originally scheduled game against Dunbar the next week was canceled and a few days after the entire season was canceled which caused several teams originally on the Stivers schedule to find new games.
#games #schedule #district #originally
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2 months ago
In one of the first deviations from John Harbaugh's usual approach, the Baltimore Ravens did not hold a full practice Thursday, but their estimated injury report included an encouraging development ahead of Sunday's season opener against the Indianapolis Colts.
Wide receiver Zay Flowers was listed as a full participant after being listed as a limited participant Wednesday because of a hamstring injury. The upgrade places him on track to play barring a setback during the remainder of the week.
Because Baltimore held a walkthrough, Thursday's participation levels projected how much work each player would handle during a traditional practice. Linebacker Teddye Buchanan was listed as a limited participant for the second consecutive day because of a knee injury. Defensive tackle Nnamdi Madubuike was also listed as a limited participant again with a neck injury.
We held a walkthrough on Thursday; our report is a practice estimation. pic.twitter.com/ZUyydo6ZlW
Madubuike's availability will be particularly important against Jonathan Taylor and the Colts' powerful rushing attack. The defensive tackle missed the final 15 games of the 2025 season, making his progression one of Baltimore's most significant Week 1 storylines. Wide receiver Devontez Walker was listed as a limited participant for the second consecutive day with a groin injury. His status could affect Baltimore's receiving rotation and special teams plans.
#participant #limited #wide
Wide receiver Zay Flowers was listed as a full participant after being listed as a limited participant Wednesday because of a hamstring injury. The upgrade places him on track to play barring a setback during the remainder of the week.
Because Baltimore held a walkthrough, Thursday's participation levels projected how much work each player would handle during a traditional practice. Linebacker Teddye Buchanan was listed as a limited participant for the second consecutive day because of a knee injury. Defensive tackle Nnamdi Madubuike was also listed as a limited participant again with a neck injury.
We held a walkthrough on Thursday; our report is a practice estimation. pic.twitter.com/ZUyydo6ZlW
Madubuike's availability will be particularly important against Jonathan Taylor and the Colts' powerful rushing attack. The defensive tackle missed the final 15 games of the 2025 season, making his progression one of Baltimore's most significant Week 1 storylines. Wide receiver Devontez Walker was listed as a limited participant for the second consecutive day with a groin injury. His status could affect Baltimore's receiving rotation and special teams plans.
#participant #limited #wide
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2 months ago
Former LSU center Kate Koval is officially in the transfer portal and will be immediately eligible to compete after being granted a waiver, a source confirmed to The Athletic. The source spoke on the condition of anonymity because the source was not authorized to speak publicly about the situation.
Per NCAA rules, waivers to transfer outside of sport-specific transfer windows are granted only in an "exigent event outside the student-athlete's control unrelated to athletics opportunities or participation at their current institution that demands the student-athlete's immediate departure from the institution."
Koval, who was born and raised in Ukraine, recently said in an Instagram post that she was departing from LSU due to the Tigers' signing of Russian center Anna Minaeva, who had played for a professional team in Moscow. In late August, LSU had announced that Koval was leaving the program for "personal reasons."
"For me, this war is not distant or abstract," Koval wrote in her social media post. "People close to me have been killed and wounded in Russian attacks, and places where I grew up and first began playing basketball have been destroyed by missile strikes."
Koval's father serves in the Ukrainian military, which has been at war since Russia's 2022 invasion.
#source #granted
Per NCAA rules, waivers to transfer outside of sport-specific transfer windows are granted only in an "exigent event outside the student-athlete's control unrelated to athletics opportunities or participation at their current institution that demands the student-athlete's immediate departure from the institution."
Koval, who was born and raised in Ukraine, recently said in an Instagram post that she was departing from LSU due to the Tigers' signing of Russian center Anna Minaeva, who had played for a professional team in Moscow. In late August, LSU had announced that Koval was leaving the program for "personal reasons."
"For me, this war is not distant or abstract," Koval wrote in her social media post. "People close to me have been killed and wounded in Russian attacks, and places where I grew up and first began playing basketball have been destroyed by missile strikes."
Koval's father serves in the Ukrainian military, which has been at war since Russia's 2022 invasion.
#source #granted
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2 months ago
When the New York Giants hired John Harbaugh as their next head coach back in January, many knew what was coming. The ship would be tightened quickly. Discipline would return, as would professionalism.
That doesn't apply only to players and coaches, though. Harbaugh has clamped down on certain access, such as video sharing and in-practice social media use, outlining the team's strategy. He sees them as corporate secrets, not for public consumption.
On Wednesday, Harbaugh took things a step further. When the Giants' media scrum began asking questions that he felt cut too close to the bone, he laid down the law.
"Let me just say this. I can just say this right now. We can put a stop to all these questions because I'm not going to tell you who's playing in the game," Harbaugh said in response to specific players' participation in practice and their status for this week's game versus Dallas," he said.
"I'm not going to tell you who's starting. I'm not going to tell you what package we have in. I'm not going to tell you what plays we're running. I'm not going to tell you any of that, okay? So, we can make it great and have a great press conference, or we can make it uncomfortable. But I'm not going to tell you because when you know, the Cowboys know, or every other team we play knows. And that's not in the competitive interest of our football team. Does that make sense? So, I think you can respect that."
#going #Giants #players #down
That doesn't apply only to players and coaches, though. Harbaugh has clamped down on certain access, such as video sharing and in-practice social media use, outlining the team's strategy. He sees them as corporate secrets, not for public consumption.
On Wednesday, Harbaugh took things a step further. When the Giants' media scrum began asking questions that he felt cut too close to the bone, he laid down the law.
"Let me just say this. I can just say this right now. We can put a stop to all these questions because I'm not going to tell you who's playing in the game," Harbaugh said in response to specific players' participation in practice and their status for this week's game versus Dallas," he said.
"I'm not going to tell you who's starting. I'm not going to tell you what package we have in. I'm not going to tell you what plays we're running. I'm not going to tell you any of that, okay? So, we can make it great and have a great press conference, or we can make it uncomfortable. But I'm not going to tell you because when you know, the Cowboys know, or every other team we play knows. And that's not in the competitive interest of our football team. Does that make sense? So, I think you can respect that."
#going #Giants #players #down
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2 months ago
It seems as though King Charles III's letter about Prince Harry and Meghan Markle's involvement in the monarchy has already done some damage — whether it was meant to or not.
General Muhoozi Kainerugaba declared on X that Uganda, which is part of the Commonwealth of Nations, did not want its participation in the annual Invictus Games to be "construed as being opposed to His Majesty King Charles III of the United Kingdom, whom we deeply revere."
"We shall not participate in anything that does not have His Majesty's approval," Kainerugaba, who is the son of the Ugandan president and head of the country's armed forces, added.
After it was revealed that Uganda had dropped out of the international sporting competition, which the Duke of Sussex, 41, founded in 2014, a source told People that the king's letter issued by Lord Chamberlain was to blame.
"They made it very clear that the reason they pulled out was a direct result of perceived guidance from the Lord Chamberlain," a source close to the Spare author said in the Thursday, September 10, report.
#kainerugaba #uganda #letter
General Muhoozi Kainerugaba declared on X that Uganda, which is part of the Commonwealth of Nations, did not want its participation in the annual Invictus Games to be "construed as being opposed to His Majesty King Charles III of the United Kingdom, whom we deeply revere."
"We shall not participate in anything that does not have His Majesty's approval," Kainerugaba, who is the son of the Ugandan president and head of the country's armed forces, added.
After it was revealed that Uganda had dropped out of the international sporting competition, which the Duke of Sussex, 41, founded in 2014, a source told People that the king's letter issued by Lord Chamberlain was to blame.
"They made it very clear that the reason they pulled out was a direct result of perceived guidance from the Lord Chamberlain," a source close to the Spare author said in the Thursday, September 10, report.
#kainerugaba #uganda #letter
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2 months ago
Celanese Corporation (NYSE:CE) agreed to sell another 19% of the Nutrinova food-ingredients joint venture to Mitsui & Co., Ltd. for approximately $152 million in cash. The transaction, expected to close in the fourth quarter subject to customary conditions, will reduce the retained interest of Celanese Corporation (NYSE:CE) from 30% to 11%.
The interest being sold generated approximately $4 million of equity earnings in 2025. The consideration therefore equals about 38 times that contribution, suggesting Celanese Corporation (NYSE:CE) is receiving a strong price for a noncore holding. The proceeds will reduce debt, fund upcoming maturities, and count toward the goal of Celanese Corporation (NYSE:CE) to generate $1 billion from divestitures by the end of 2027.
The disclosed economics favor the sale. Paying $152 million for an interest that generated $4 million of equity earnings implies an earnings yield of only about 2.6% for the buyer. Celanese Corporation (NYSE:CE) is exchanging a relatively small earnings contribution for immediate debt-repayment capacity and potential interest savings.
Celanese Corporation (NYSE:CE) also retains 11% of Nutrinova, preserving some participation if the food-ingredients venture expands. Under the related diketene-facility arrangement, Nutrinova will cover the facility's full purchase price and ongoing operating costs. Celanese Corporation (NYSE:CE) has no funding obligation, limiting capital exposure while retaining an economic interest.
Combined with the completed $500 million Micromax divestiture, the latest transaction would bring the combined announced transaction values of the two deals to approximately $652 million. That would represent about 65% of the $1 billion divestiture objective.
#NYSE #million #nutrinova
The interest being sold generated approximately $4 million of equity earnings in 2025. The consideration therefore equals about 38 times that contribution, suggesting Celanese Corporation (NYSE:CE) is receiving a strong price for a noncore holding. The proceeds will reduce debt, fund upcoming maturities, and count toward the goal of Celanese Corporation (NYSE:CE) to generate $1 billion from divestitures by the end of 2027.
The disclosed economics favor the sale. Paying $152 million for an interest that generated $4 million of equity earnings implies an earnings yield of only about 2.6% for the buyer. Celanese Corporation (NYSE:CE) is exchanging a relatively small earnings contribution for immediate debt-repayment capacity and potential interest savings.
Celanese Corporation (NYSE:CE) also retains 11% of Nutrinova, preserving some participation if the food-ingredients venture expands. Under the related diketene-facility arrangement, Nutrinova will cover the facility's full purchase price and ongoing operating costs. Celanese Corporation (NYSE:CE) has no funding obligation, limiting capital exposure while retaining an economic interest.
Combined with the completed $500 million Micromax divestiture, the latest transaction would bring the combined announced transaction values of the two deals to approximately $652 million. That would represent about 65% of the $1 billion divestiture objective.
#NYSE #million #nutrinova
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2 months ago
Baidu announced on September 4 that its Hong Kong Class A shares are now included in both the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs, effective September 7.. The change gives eligible mainland investors direct access to the Hong Kong listing, potentially widening liquidity and the shareholder base. It does not alter the operating competition between Baidu, Inc. (NASDAQ:BIDU) and Alibaba Group Holding Limited (NYSE:BABA), which are pursuing AI through different mixes of models, cloud infrastructure, chips, and consumer distribution.
Baidu's bull case combines search traffic, its Ernie ecosystem, cloud services, and Kunlunxin chips. Stock Connect can make that story easier for mainland investors to own, while its dual-primary Hong Kong listing broadens access. The bear case is that improved trading access does not repair weak advertising, guarantee cloud share, or remove geopolitical and regulatory risk. The catalyst affects liquidity more directly than earnings.
Insider Monkey counted 49 hedge funds holding Baidu, Inc. (NASDAQ:BIDU) at June 30, down from 50 at March 31. David Tepper's Appaloosa Management disclosed 1,295,000 shares, 87% more than in Q1. That increase shows one manager's conviction, not a broad rise in fund participation.
Alibaba's June-quarter AI Cloud and Compute Services revenue reached $7.1 billion, up 45% year over year, while segment adjusted EBITA rose 133% to $830 million. Its bull case is a full stack spanning Qwen models, cloud, proprietary chips, and commerce distribution. The bear case is capital intensity, fierce domestic competition, exposure to consumer spending, and the possibility that fast AI growth remains too small to transform the larger group's valuation.
Ninety-seven hedge funds held Alibaba Group Holding Limited (NYSE:BABA) in Q2, down from 102 in Q1. Ken Fisher's Fisher **** et Management disclosed 5,096,418 shares after trimming the position by 0.5%.
#kong #holding
Baidu's bull case combines search traffic, its Ernie ecosystem, cloud services, and Kunlunxin chips. Stock Connect can make that story easier for mainland investors to own, while its dual-primary Hong Kong listing broadens access. The bear case is that improved trading access does not repair weak advertising, guarantee cloud share, or remove geopolitical and regulatory risk. The catalyst affects liquidity more directly than earnings.
Insider Monkey counted 49 hedge funds holding Baidu, Inc. (NASDAQ:BIDU) at June 30, down from 50 at March 31. David Tepper's Appaloosa Management disclosed 1,295,000 shares, 87% more than in Q1. That increase shows one manager's conviction, not a broad rise in fund participation.
Alibaba's June-quarter AI Cloud and Compute Services revenue reached $7.1 billion, up 45% year over year, while segment adjusted EBITA rose 133% to $830 million. Its bull case is a full stack spanning Qwen models, cloud, proprietary chips, and commerce distribution. The bear case is capital intensity, fierce domestic competition, exposure to consumer spending, and the possibility that fast AI growth remains too small to transform the larger group's valuation.
Ninety-seven hedge funds held Alibaba Group Holding Limited (NYSE:BABA) in Q2, down from 102 in Q1. Ken Fisher's Fisher **** et Management disclosed 5,096,418 shares after trimming the position by 0.5%.
#kong #holding
