Joby Aviation (JOBY) launched electric air taxi flights across Tampa Bay on October 30 under a White House-backed pilot program, marking progress toward commercial passenger operations.
Joby generated $38.6 million in second-quarter revenue, including $36.2 million from Blade, while its own electric aircraft have yet to establish commercial passenger revenue.
Joby's quarterly free cash flow deficit widened from approximately $89 million in Q3 2023 to $202 million in Q2 2026, highlighting the financial demands of certification and manufacturing.
Joby held $2.26 billion in cash and short-term investments at June 30, but its $385 million to $415 million second-half cash-use guidance makes spending discipline a key focus ahead of earnings.
Joby Aviation (JOBY) launched electric air taxi flights across Florida on October 30, beginning with a flight from downtown St. Petersburg across Tampa Bay to Tampa International Airport.

#cash

A $1,000 investment in MSFT today could reach $1,587 by 2029 under the base case, or as high as $1,911 in a bull scenario.
Azure revenue surged 48% last quarter, and CFO Amy Hood guided next-quarter growth of between 49% and 50% in constant currency.
Microsoft's contracted backlog jumped 73% to $677 billion, with Copilot daily users up over 5x year over year.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Microsoft didn't make the cut. Enter your email to see the names that beat MSFT. The report is free. Enter your email and see if any of your stocks made the cut.
Microsoft (NASDAQ:MSFT) is one of the biggest stocks you can own to get exposure to enterprise AI, so it makes sense to ask what $1,000 put in today could grow into by 2029. Our price-prediction model uses a reference price of $525.63 per share.

#year #email #price

Prince Harry, Duke of Sussex, has opened up about the impact of losing his mother, the late Princess Diana, at a young age.
The Prince has shared his journey with grief in a new Masterclass collaboration with neuroscientist Dr Mary-Frances O'Connor ****** led Redefining Grief: Building Resilience Through Loss.
In a video promoting the course, Harry discusses what it was like for him after his 36-year-old mother died in a car crash in Paris in 1997, revealing that he felt "emotionally numb" and spent years trying to cope.
"I couldn't remember my mum's laugh, couldn't remember what she looked like," he confided. "I felt like I had to be sad in order to prove to her that I missed her."
Prince Harry was 12 years old when his mother died. He later served for 10 years with the British Armed Forces, including two deployments to Afghanistan as an air controller and helicopter pilot.
"In my 20s, I went to war twice thinking I could outrun my feelings," he continued. "But that's not what happened. I'd spent so long emotionally numb to a large extent because ****** ody told me joy was still allowed, that it wasn't betrayal."

#prince #grief #emotionally

Fox News Flash top headlines are here. Check out what's clicking on FoxNews.com.
A Delta Air Lines passenger jet on Tuesday struck an Air Canada aircraft being towed to its arrival gate just after it landed at Los Angeles International Airport, both airlines said.
Delta Air Lines Flight 7, slated to depart for Tokyo, carrying 275 passengers and 15 crew members, struck an Air Canada passenger jet with its left wingtip, a Delta spokesperson told Fox News Digital. No injuries were initially reported.
"While taxiing at Los Angeles International Airport, a Delta aircraft made contact with an Air Canada aircraft," a Delta statement said. "Nothing is more important than the safety of our customers and people, and we apologize to our customers for the experience and delay in their travel."
'WE NEED TO RETURN IMMEDIATELY,' FLIGHT CREW WARNS AS PILOT HEALTH EMERGENCY UNFOLDS

#aircraft

LONDON — A British Airways passenger jet flying from London to Chicago descended 28,000 feet in just seven minutes after declaring an emergency due to an unspecified “technical issue,” the airline said Monday.
The Boeing 777 took off at 12:15 p.m. local time (7:15 a.m. ET) but started descending just 30 minutes later while flying over Ireland, according to flight-tracking website FlightAware.
The plane turned around and spent around four hours zigzagging over the Bristol Channel, a waterway to the west of England, before landing back at London Heathrow Airport at 5 p.m. local time (noon ET).
“The aircraft landed safely after our highly-trained pilots returned to Heathrow following a technical issue,” British Airways said in an emailed statement. “Customers disembarked the aircraft normally and our teams are working to get their travel plans back on track as quickly as possible.”
Heathrow did not immediately respond to a request for comment.

#british #airways #minutes

By Alexander Cornwell and Maayan Lubell
JERUSALEM, Oct 5 (Reuters) - The flydubai co-pilot who stabbed his captain in a suspected attempt to crash the plane has told UAE interrogators he planned the attack before he was hired by the Dubai state-owned airline, according to two Israeli ‌officials with knowledge of the probe.
A third source briefed on the UAE probe said the co-pilot, an Omani national, had planned to crash ‌last Wednesday's flight into Ben-Gurion airport near Tel Aviv. He had also operated a flight to Tel Aviv earlier this year and intended to hijack and crash the plane then, but opted not to, the source added.
It was not immediately clear why the co-pilot changed his mind on that previous flight, although the co-pilot is thought to have known someone onboard, the source said.
All of the sources spoke on condition of anonymity to discuss the investigation. UAE and Israeli authorities did not immediately respond to a request for comment, nor did flydubai.

#pilot #crash #flight #planned

October 4, 2026 / 7:08 AM EDT / CBS News
The FlyDubai alleged attempted hijacking was likely a lone-wolf attack, an early investigation by Israel shows, according to people familiar with the matter.
The investigation is still in full swing and all avenues are still being explored, the people familiar told CBS News.
The flight Wednesday from Dubai to Tel Aviv was approaching Israel when the co-pilot allegedly stabbed the flight captain and attempted to crash the aircraft, Israeli Prime Minister Benjamin Netanyahu, passengers on board the plane and the flight captain have said.
The captain was able to fight off the co-pilot long enough to unlock the **** pit door. A group of Israeli passengers and FlyDubai staff then overpowered the co-pilot, and two off-duty pilots who were on the flight managed to gain control of the aircraft and make an emergency landing in Tabuk, Saudi Arabia.

#Israel

Sources identified the suspected attacker as 29-year-old Hamam Al Hammami.
The co-pilot of the FlyDubai plane who allegedly attacked the plane's captain and attempted to crash a flight bound for Israel on Wednesday is an Omani national who was previously suspended from flying by Oman Air after being identified as a security risk, according to senior intelligence and law enforcement officials.
Multiple sources familiar with the investigation identified the suspected attacker as 29-year-old Hamam Al Hammami.
The officials told ABC News that Al Hammami, while working as a co-pilot trainee for Oman Air in 2024, was found to be in possession of extremist materials. The suspect was allowed to continue working for the airline in an administrative role, the sources said.
United Arab Emirates Attorney General Hamad Saif Al Shamsi on Saturday said the aircraft's co-pilot had attempted to carry out a terrorist act and that he began executing his plan during the flight by ***** aulting the pilot inside the ***** pit using a crash axe and attempted to seize control of the aircraft's controls, according to WAM state news agency.

#attacker #year

Updated on: October 2, 2026 / 9:51 PM EDT / CBS News
Days after a FlyDubai co-pilot made a violent attempt to crash the passenger aircraft and was subdued by passengers and other crew members, questions about his motive continued to swirl.
The flight Wednesday from Dubai to Tel Aviv was approaching Israel when the co-pilot allegedly stabbed the flight captain and attempted to crash the aircraft, Israeli Prime Minister Benjamin Netanyahu has said. The captain was able to fight off the co-pilot long enough to unlock the ***** pit door. Passengers then overpowered the co-pilot, and two off-duty pilots who were on the flight managed to gain control of the aircraft and make an emergency landing in Tabuk, Saudi Arabia.
There were 174 people on board the plane. No passengers were seriously injured in the incident. The pilot sustained stab wounds in the attack. Saudi authorities said two crew members were hospitalized with unspecified injuries, and the co-pilot remained in custody on Thursday.
The co-pilot of the flight has not yet been publicly identified, although multiple sources familiar with the investigation told CBS News on Friday that his name is Hamam al Hamami.

#aircraft

Jamie Oliver has stepped in to save the airfield and flying school where he trained to be a pilot.
The owners at Andrewsfield Aviation, near Braintree in Essex, said they were preparing to close operations because there was no successor lined up after they retired.
But the TV chef, who achieved his pilot licence in July, helped arrange new ownership to ensure the hangar doors remained open.
"Andrewsfield is a special place with so much potential," said Oliver, who is from Essex.
"It has an extraordinary history and is full of wonderful people with an exemplary training environment that has changed my life for the better."

#oliver #andrewsfield #braintree #stepped

Prince Harry is back in the spotlight after his eco-travel initiative, Travalyst, reported a five-figure loss. The Duke of Sussex launched the non-profit venture in 2019 with the goal of making travel more sustainable. Travalyst has maintained that the loss was planned and formed part of an investment in the organization's future.
According to RadarOnline.com, citing Travalyst's latest annual accounts, the organization recorded a loss of around $17,000 (£13,542) in 2025. The result represented a reversal from the previous year's stronger financial position.
A Travalyst spokesperson characterized the deficit as planned and relatively small, saying, "It was a planned and small loss of £13,000, very typical of a lean, not-for-profit organisation, making a critical investment for the future." The spokesperson continued, "Travalyst remains confident in its financial oversight and strength of its partnerships."
Questions surrounding Harry's role in the venture have persisted since 2023. The Duke of Sussex was reportedly absent during the organization's "pilot phase," which saw five new board members join with "world-class expertise." He has also become less visible as the venture's public face, with his most recent appearance in a promotional video dating back to May 2022.
Harry and his wife Meghan Markle's documentary, "Cookie Queens", also reportedly failed at the box office. In an interview with Page Six, royal commentator Kinsey Schofield advised the couple to "disappear professionally."

#planned #sussex

JERUSALEM (AP) — A dentist and other passengers wrestled with a violent copilot. A plumber seized the controls as the plane plunged towards the desert. And the captain, despite being stabbed, managed to open the ***** pit door — helping save all 182 people aboard the Israel-bound flight.
"Hollywood isn't creative enough to come up with stories like this!" said Mike Huckabee, the U.S. ambassador to Israel.
Although major questions remained unanswered on Thursday about the attacker and his motive, the story of ordinary passengers saving the FlyDubai flight from disaster has quickly become the stuff of legend.
Israeli Prime Minister Benjamin Netanyahu warmly embraced plumber Yaniv Hayoun shortly after the passengers arrived in Tel Aviv late on Wednesday. He later posted a five-star review of Hayoun's professional services, calling him "a hero who has saved many lives."
"He can help you too — I highly recommend him!" Netanyahu added on X.

#passengers #Israel #jerusalem

WASHINGTON (AP) — The U.S. military is dispatching roughly 9,000 troops aboard a group of ships to the Middle East, a U.S. official said Thursday. The bolstering of the American military presence comes as President Donald Trump warned anew that new strikes against Iran could be on the horizon.
The troop movement, which includes a third aircraft carrier, underscores the rapidly evolving dynamic of Trump's war against Iran as he ponders his next move, with midterm elections in the United States looming large and new signs that the nature of the conflict may be becoming more complex.
Trump has threatened that a post-midterm election escalation — despite his initial promises to Americans of a campaign that would last a matter of weeks — remains a viable option. Further complicating matters, Trump told reporters Thursday that early indications suggest that Iran is linked to the FlyDubai co-pilot who stabbed his captain and tried to crash an Israel-bound flight on Wednesday.
In an exchange with reporters at the White House, Trump raised the connection when asked by a reporter if there were any links between the pilot behind the attack and Tehran.
"I would say the answer, based on what I'm hearing, is 'yes,' but we're working on it right now," Trump said, without offering details.

#military #reporters #washington #middle

On September 8, 2026, Reuters reported that ASML Holding N.V. (NASDAQ:ASML) plans to work with major customers. It includes Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Nvidia, Intel, Samsung, and SK Hynix to adapt its next-generation "High NA" extreme ultraviolet lithography tools so they can print larger data-center chips. It addresses a current limitation where the newer machines use a smaller mask than ASML's widely deployed standard EUV tools.
ASML targets a pilot production line using the larger masks by 2031 and high-volume manufacturing readiness by 2033. Chief technology officer Marco Pieters said these changes could lift the productivity of these systems by roughly 40%.
The larger-mask project could create a new growth opportunity for ASML Holding N.V. (NASDAQ:ASML) while helping TSMC manufacture larger AI chips more efficiently. ASML plans to use its High NA EUV tools to handle chips as large as today's biggest data-center processors. The business expects the larger masks to increase system productivity by 40%. It could scale up demand for its next-generation equipment and help TSMC improve the economics of producing increasingly large and complex chips.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)'s planned use gives ASML a clear path toward commercializing the technology. TSMC plans to introduce High NA EUV into advanced-node high-volume production from 2030. ASML aims to show its larger-mask technology through a pilot line in 2031. TSMC's commitment could give ASML greater visibility into future equipment demand. Early use could help TSMC maintain its advanced-chip manufacturing advantage.
The collaboration could solidify both companies' positions as chipmakers develop larger and more powerful processors. ASML can extend its High NA roadmap beyond its current chip-size limitation. TSMC can prepare its manufacturing processes for the next generation of AI chips. The partnership gives ASML an opportunity to deepen its relationship with one of its largest customers and gives TSMC access to a technology that could support future advanced-chip production.

#asml #technology #plans #next

For the record:
1:38 p.m. Sept. 19, 2026: An earlier version of this article stated KCAL's helicopter is owned by Angel City Air. It is owned by Helicopters Inc.
Whether it's a brush fire, a mass shooting, a car chase or the aftermath of a major storm, viewers in Los Angeles are used to getting the news from above.
Television news helicopter coverage has become one of the most important elements of any local newscast, with the high-flying helicopters roaring overhead a common fixture of breaking news scenes.
These images are so ubiquitous, it may have been easy to take them for granted, until Tuesday, when an NBC4 helicopter carrying reporter Eliana Moreno and pilot George Marciniw crashed while covering breaking news in Chatsworth. Both died, along with a bystander on the ground.
The tragedy has prompted soul-searching in the world of TV news helicopter pilots and focused attention on safety issues.

#city #whether #angeles

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Humanoid robots are showing meaningful progress beyond controlled demonstrations, with advances in autonomy, dexterity, and the ability to perform repetitive real-world tasks. But widespread commercial deployment still remains a work in progress.
After spending a week meeting with leading robotics labs, engineers and investors across the San Francisco Bay Area, researchers found that most humanoid robots remain in development, training, and tele-operated demonstrations. Where real-world deployments exist, they are generally closer to pilots than clear return-on-investment opportunities, according to a report published Wednesday by Citrini Research.
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#robots

Joby Aviation (JOBY) remains firmly in the spotlight on Sept. 18 after the eVTOL specialist announced a major technological milestone. In its press release, the company said a modified Cessna Caravan equipped with its autonomy suite completed a 3,199-mile flight across the U.S. without control inputs from an onboard safety pilot.
Note that JOBY shares have been in a sharp downtrend in 2026, currently trading at less than half their price at the start of this year.
Bank of America Just Declared a 'Generational Entry Point' in U.S. Bonds. Why Investors Should Be Backing Up the Truck on Treasuries Here.
Mark Cuban Says He Was Dizzy for Months, So He Built a VR Fix That Does at Home 'Much Of What A 180k Machine' Does
JPMorgan Gives Up Forecasting Iran War Endgame as Trump Tells Reporters 'Anything Could Happen With Me'

#joby #America #declared #generational

On September 2, 2026, Phreesia, Inc. (NYSE:PHR) reported second-quarter fiscal 2027 results for the period ended July 31, 2026. Revenue rose 10% to $129.5 million and adjusted EBITDA climbed to $32.9 million from $22.1 million a year earlier, a 25% margin. Net income reached $1.9 million, marking the company's fifth consecutive quarter of profitability. Management reaffirmed full-year revenue guidance of $510 million to $520 million and adjusted EBITDA of $125 million to $135 million.
The disagreement on Wall Street is about what that reaffirmation actually signals.
Wells Fargo found the highlight in Network Solutions, which grew 9% year-over-year, and pointed to the ProviderConnect pilot delivering a 4% prescription lift in a GLP-1 campaign that management says is generating follow-on business; the firm raised its target on Phreesia, Inc. (NYSE:PHR) to $10 from $9 while holding an Equal Weight rating.
DA Davidson stayed at Buy despite trimming its target on Phreesia, Inc. (NYSE:PHR) to $13 from $14, arguing the stock sold off on a reiterated guide even though network solutions activity is tracking more encouragingly than the prior outlook and AccessOne is opening a growing opportunity in alternative consumer payment options.
Baird ******* yst Joe Vruwink lifted his target to $11 from $10 at Neutral after updating his model.

#million #solutions

Guardian Metal Resources PLC (NYSEAMERICAN:GMTL) reported its first Good Hope drilling results on September 14, adding exploration potential to the Pilot Mountain tungsten project in Nevada. Hole GH26-01 returned a 12.95-meter downhole interval grading 0.79% tungsten trioxide, or WO3, starting at 12.19 meters. GH26-02 intersected 13.11 meters at 0.42% WO3 from 2.13 meters.
The holes were twinned, with GH26-02 redrilling the upper portion where core had not been recovered. Good Hope and the separate Tremor discovery remain outside the resource base supporting the existing pre-feasibility study. The investment question is whether additional mineralization can improve project returns without slowing development.
Shallow mineralization offers a potential route to additional feed that could be accessible early in a future mining sequence. Good Hope sits approximately 1.1 to 1.3 kilometers from the existing resource areas, making its possible integration worth evaluating alongside the planned operation.
The June pre-feasibility study models an eight-year open-pit operation based on Desert Scheelite and Garnet. If further work establishes economic resources at Good Hope or Tremor, additional feed could extend that operating life or improve the sequence in which material reaches the processing plant.
For Guardian Metal Resources PLC (NYSEAMERICAN:GMTL), the potential benefit is better use of infrastructure already contemplated for Pilot Mountain. That would depend on recoverable metal, processing compatibility, and the additional capital required to bring the new zones into production.

#hope #resources #guardian

MSFT's new government AI suite goes on sale October 1, but agencies must commit annual budgets before all features clear security accreditation.
Microsoft hasn't disclosed per-seat pricing or paid conversion rates from earlier no-cost federal Copilot deployments, making any government revenue forecast impossible.
With $116 billion in capex and free cash flow falling 23%, Microsoft's AI monetization curve in government remains unproven against a $573 ***** yst price target.
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Microsoft (NASDAQ:MSFT) has told federal buyers that a new top government tier of its productivity suite, plus a companion agent-management product, will be available for Government Community Cloud customers to purchase on October 1. Individual capabilities will light up in phases as each workload clears its required government security accreditation, and additional Copilot features are slated for the months after general availability.

#government #features

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Business executives consider artificial intelligence a leading tool for decision-making, with 61% citing large language models such as ChatGPT, Claude, Gemini and Copilot among the sources that most influence their strategic decisions, AI enterprise planning platform Board said in a report released Wednesday.
The finding was most ***** ounced among CFOs, with 69% citing LLMs among the resources that inform their decisions, compared with 58% of chief operating officers and 56% of chief information officers.
"CFOs, by nature, are typically a little bit more conservative and skeptical, so I think what this shows is that the AI wave is so strong that it can't be ignored," Board CFO Gordon Pothier said in an interview.
The findings come just a few years after ChatGPT burst onto the market, highlighting how quickly advanced AI tools have reshaped the way businesses operate and make decisions.

#decisions #daily #officers #business

NBC4's helicopter was one of several news aircraft flying over the scene of a deadly bus crash in Chatsworth Tuesday evening at sunset.
It's common for multiple news choppers to arrive at the scene of breaking news, beaming live images for newscasts and streaming.
But around 7 p.m., something went horribly wrong and in a matter of seconds the NBC4 chopper dropped out of the sky, crashing into shipping containers and vehicles outside a warehouse a few blocks away, bursting into flames. Two station journalists, reporter Eliana Moreno and pilot George Marciniw, were killed along with a bystander on the ground.
Federal investigators are now trying to figure out what went wrong. The Times interviewed several experts, who reviewed recordings of the chopper's final moments. They offered insights into the helicopter itself, its movements that afternoon and what is known about how its mechanics work.
Here's what they had to say:

#went #wrong #tuesday #nbc4

It was a night of devastation in Chatsworth that began with a deadly Metro bus collision and ended with the fiery crash of an NBC4 helicopter covering the news that left two journalists and, on the ground, a bystander dead.
Tuesday's scene was a mixture of confusion and chaos, with first responders fanned out across two catastrophes and television news teams desperately trying to find out whether their journalists were safe. The crashes claimed the lives of five people and left others with various degrees of injury.
Investigators with the National Transportation Safety Board and the Federal Aviation Administration were trying Wednesday to determine exactly what caused the news helicopter, a Eurocopter AS350 B2, to go down.
NTSB Investigator Fabian Salazar said officials are searching through the wreckage, combing through maintenance logbooks, security footage, weather reports and witness interviews, and reviewing the pilot's training to figure out what went wrong.
But the most critical information so far has been audio captured from the helicopter during a live broadcast of reporter Eliana Moreno and pilot George Marciniw's final moments before it crashed.

#journalists #nbc4

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Trustpilot's underlying business is still growing quickly, with revenue up 23%, bookings up 22% and adjusted EBITDA climbing 46% in the first half. But investors instead focused on a surprise statutory loss, several one-off charges and management's decision to leave full-year guidance unchanged after a huge run in the shares.
Trustpilot shares fell as much as 20% after the online review platform reported strong first-half growth but delivered a messier bottom line than investors had expected.
Revenue increased 23% to $151.4 million in the six months to June, equivalent to 19% growth at constant currencies, while bookings rose 22% to $171.2 million.
Adjusted EBITDA climbed 46% to a record $26.3 million and the margin expanded to 17.4%, although the profit figure came in slightly below the $27 million company-compiled consensus.

#ebitda #bookings #investors

Tributes began pouring in Wednesday after a news helicopter crashed in Los Angeles, leaving three people dead.
The crash occurred just before 7 p.m. local time Tuesday in the Chatsworth area of the San Fernando Valley, as the news chopper was covering a road traffic accident.
Angel City Air operated the helicopter, which was providing news coverage for NBC Los Angeles.
The victims aboard the helicopter were identified as Eliana Moreno, a journalist familiar to viewers of the station and its Spanish-language sister station, Telemundo 52, and pilot George Marciniw. The pair began flying together in 2023.
A pedestrian on the ground was also confirmed to have died at the scene, officials said. Authorities identified the third victim as Edy Gutiérrez Mejia, 29.

#wednesday

Nokia stock surged 6% to $10.39 after its AI-RAN platform advanced to live field trials with eight global operators, delivering 20%+ spectral efficiency gains.
Ericsson's near-flat 0.7% move signals markets aren't pricing AI-RAN as a category-wide event, keeping today's rally a Nokia-specific story.
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Nokia (NYSE:NOK) stock is rising in early Wednesday trading, up 6% to $10.39 after the company said its artificial intelligence-powered radio access network (AI-RAN) platform is moving from evaluation to live field trials at eight global operators. The list spans North America, Europe, Asia-Pacific and the Middle East, and it reframes AI-RAN as a shared industry priority rather than a single-vendor pilot. That geographic reach is what today's move is paying up for.
The move is Nokia-specific. The iShares U.S. Technology ETF (NYSEARCA:IYW) is unchanged at $250.08, and the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 0.4% to $760.33. Nokia stock is climbing while U.S. technology sits still and the broad benchmark is only marginally higher, which frames today as a name-specific catalyst.

#trials

On September 10, Designer Brands (NYSE:DBI) reported second-quarter results that pushed full-year earnings guidance sharply higher, even as net sales slipped 1% year over year to $730.6 million. Adjusted operating income reached $39.4 million for the quarter, and management raised its adjusted diluted earnings per share outlook to a range of $0.47 to $0.52, up from $0.28 to $0.38. That kind of upward revision usually calms skeptics. Here, more than a third of the float is still sold short.
The clearest story in this report is a company reorganizing itself around its own brands rather than its stores. Brand portfolio sales climbed 18% in the quarter to $86.3 million, and the growth showed up on the bottom line too, with year-to-date adjusted operating income of $58.8 million, more than doubling what Designer Brands produced over the same stretch last year. Topo grew revenue more than 24% during the quarter, and management now expects the brand to clear $100 million in 2027. Jessica Simpson sales rose about 24% as well, with growth across every major account, and intercompany sales between the brand and retail segments rose by double digits, a sign the two sides of the business are reinforcing each other rather than splitting the same customer dollar.
Profitability improved even where the headlines are less flashy. Gross margin expanded 430 basis points to 47.9%, and while $20.2 million in tariff refunds accounted for much of that, the company still added 150 basis points of margin from better ***** ortment and inventory management alone. Merchandise margin in retail widened 140 basis points, with 100 of those points coming from less markdown activity, meaning more inventory is selling at full price. Debt fell by $93 million to $423.1 million compared with a year earlier, and total liquidity stood at roughly $198 million, funding room for projects like the Topo sourcing integration and the new Edit at DSW store-within-a-store pilot without leaning further on the balance sheet.
The retail side of the business is still the drag. CEO Doug Howe said sandals, the company's largest seasonal category, "were pressured by early weather-related headwinds and never fully rebounded," and that alone accounted for roughly 200 basis points of the retail segment's 2% sales decline. Comparable sales fell 2.6% in retail and 2.4% companywide, and the segment battled a sequential traffic headwind even as average unit retail and average dollars per sale held firm. Strip out the brand portfolio's 18% growth, and the underlying store business is still shrinking.

#million #brands

Congressman Tom Tiffany, the Republican candidate for Wisconsin governor, is recovering after the small plane he was traveling in made an emergency landing on a Wisconsin lake. Both Tiffany and the pilot swam to shore and were then taken to the hospital with minor injuries. The FAA and the NTSB are investigating the cause of the crash.

#congressman #republican #governor #small

Wisconsin congressman Tom Tiffany was on his way home Saturday evening following a demanding day of parades and political events when his plane plunged into the pitch-black darkness of Lake Wausau.
As he was returning from the La Crosse County Lincoln Day Dinner in Onalaska, Wisconsin, Tiffany, the Republican gubernatorial nominee, was aboard a Beechcraft K35 when it lost power as it approached Wausau Downtown Airport, the congressman told reporters during a Sunday news conference.
"Hang on, Tom, and buckle up because we're going to go down," Tiffany recounted pilot Len Bolt warning him moments before the emergency landing.
About 10 seconds later, the plane hit the water.
"We were down to 70, 80 miles an hour at that point, and so it was a fast-moving car crash, and all that happened to me was my head hit the dash in front of me, and that was the extent of the damage," Tiffany said. "We're just really fortunate. We're fortunate the plane didn't flip."

#wisconsin

During the September 3 episode of Mad Money, Jim Cramer mentioned Microsoft Corporation (NASDAQ:MSFT) for its unconventional approach to powering hyperscale data centers in partnership with Chevron Corporation (NYSE:CVX). He said:
How about Microsoft? Look, Mr. Softee is getting religion. They've realized that by giving us more disclosure on Azure, their cloud infrastructure business, we'll find more things to like. They're right. In the end, I come to praise Microsoft CFO Amy Hood, not bury her. They've been very clever getting power for the data centers, pumping it right out of the Permian. They got this deal with Chevron as a partner… 2.67 gigawatts. No one's talking about it. It's the cleanest behind the meter plan for power I have seen yet. People even, and this is not a stretch, I'm not kidding, people even like Copilot.
CFO Amy Hood provided Wall Street with a much clearer look at actual cloud demand by breaking down detailed Azure growth metrics and data center capacity constraints. At the same time, enterprise adoption of Microsoft 365 Copilot is moving past initial trials, with major corporations deploying the AI ***** istant across workforce segments.
A major highlight of the company's infrastructure strategy is a twenty-year agreement with Chevron Corporation (NYSE:CVX) for a proposed 2.67-gigawatt natural gas power plant in West Texas. Designed to supply dedicated off-grid electricity directly to a hyperscale data center in the Permian Basin, the project bypasses regional grid transmission queues to secure reliable power for continuous AI workloads. Microsoft Corporation's (NASDAQ:MSFT) president of Cloud Operations + Innovation, Noelle Walsh, commented:
Our agreement with Chevron helps ensure we'll have dedicated, large-scale power to support the evolution and reliability of advanced compute. Through this partnership, we're delighted to grow with and become a deeper part of the West Texas community.

#chevron #power #they 've