4 days ago
President Trump gathered top artificial intelligence leaders in Washington on Tuesday and doubled down on his opposition to government intervention, suggesting that "self-regulation" is the answer to growing worries about the technology getting out of human control.
"There's a belief that there should be tremendous self-regulation," the president said after meeting with the ***** embled CEOs. "There was a lot of commonality in this room."
Trump said he and the CEOs signed a "morally binding" accord that would keep the companies in line through "self-policing and group policing."
Trump posted a copy of the accord to his Truth Social account with a one-page document that called for each participating company to implement four different measures to safeguard the technology and added that, later on, "it might make sense to codify these steps into laws or regulations."
Some executives on hand said the accord included commitments to a combination of technological controls to detect problems with new models, internal risk review efforts, external auditors, and other measures.
#accord #regulation
"There's a belief that there should be tremendous self-regulation," the president said after meeting with the ***** embled CEOs. "There was a lot of commonality in this room."
Trump said he and the CEOs signed a "morally binding" accord that would keep the companies in line through "self-policing and group policing."
Trump posted a copy of the accord to his Truth Social account with a one-page document that called for each participating company to implement four different measures to safeguard the technology and added that, later on, "it might make sense to codify these steps into laws or regulations."
Some executives on hand said the accord included commitments to a combination of technological controls to detect problems with new models, internal risk review efforts, external auditors, and other measures.
#accord #regulation
13 days ago
Former President Obama on Friday slammed President Trump over his handling of how to approach artificial intelligence amid “doomsday” warnings coming from some in the tech industry about the technology’s potential existential threat to humanity.
Obama said during an interview at Colgate University in New York that the federal government must regulate AI, before referring to comments made by one Trump adviser.
“I heard one of Donald Trump’s main advisers on this make the argument that, ‘The market will take care of AI,'” the former president said. “‘These companies will solve the safety issues because they have every incentive to do so — if it turns out to be dangerous, people will just sue them, and they’re worried about financial liability.'”
“That’s not how we treat airlines,” Obama added. “Or drug companies, or food companies.”
Obama continued to say that AI could become a threat at a human level if it falls into the clutches of “bad humans” and if self-improving AI models realize they no longer need humans. He referred to Trump again in that his successor has said regulations on AI are “for losers.”
#obama #president #university
Obama said during an interview at Colgate University in New York that the federal government must regulate AI, before referring to comments made by one Trump adviser.
“I heard one of Donald Trump’s main advisers on this make the argument that, ‘The market will take care of AI,'” the former president said. “‘These companies will solve the safety issues because they have every incentive to do so — if it turns out to be dangerous, people will just sue them, and they’re worried about financial liability.'”
“That’s not how we treat airlines,” Obama added. “Or drug companies, or food companies.”
Obama continued to say that AI could become a threat at a human level if it falls into the clutches of “bad humans” and if self-improving AI models realize they no longer need humans. He referred to Trump again in that his successor has said regulations on AI are “for losers.”
#obama #president #university
13 days ago
The Illinois governor called for federal regulation of AI.
With calls to regulate AI growing, Illinois Gov. JB Pritzker urged Congress to pass federal guardrails on the technology.
“You can't do this state by state. This needs to be a national effort as well as an international endeavor, especially together with our allies, because AI is not going to go away,” Pritzker told ABC “This Week” co-anchor Jonathan Karl in an exclusive interview that aired Sunday.
Pritzker touted legislation he signed in Illinois in July requiring AI companies to conduct annual third-party audits of their safety plans and disclose safety incidents to the state. He urged Congress to make federal regulations a top priority, calling the technology “dangerous on the level of nuclear weapons.”
President Donald Trump has called AI fears a “hoax” and announced he is forming an “AI Force” to accelerate growth in the industry. Pritzker said that approach is a mistake.
#federal #urged #safety
With calls to regulate AI growing, Illinois Gov. JB Pritzker urged Congress to pass federal guardrails on the technology.
“You can't do this state by state. This needs to be a national effort as well as an international endeavor, especially together with our allies, because AI is not going to go away,” Pritzker told ABC “This Week” co-anchor Jonathan Karl in an exclusive interview that aired Sunday.
Pritzker touted legislation he signed in Illinois in July requiring AI companies to conduct annual third-party audits of their safety plans and disclose safety incidents to the state. He urged Congress to make federal regulations a top priority, calling the technology “dangerous on the level of nuclear weapons.”
President Donald Trump has called AI fears a “hoax” and announced he is forming an “AI Force” to accelerate growth in the industry. Pritzker said that approach is a mistake.
#federal #urged #safety
15 days ago
While an Nvidia (NASDAQ: NVDA) stock split in 2026 isn't impossible, I think it's highly unlikely. The company last completed a stock split in 2024, when its share price stood at roughly $1,200. After the 10-for-1 split, the company's stock traded at roughly $120 per share.
Currently, it's trading around $210 per share, which is likely not a high enough pure-dollar level to encourage the company to reorganize its stock structure.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
That said, I still think that Nvidia stands out as a worthwhile long-term investment.
Nvidia and other leading AI stocks have recently seen some downward valuation pressures connected to increased calls for safety guardrails and other regulations around the progression of artificial intelligence (AI) development. These technologies are evolving fast, and there are good reasons to be concerned. On the other hand, I expect that the intensifying focus on the dangers that AI poses will ultimately have a relatively small impact on Nvidia's growth trajectory.
#Stock #signal #flashing #think
Currently, it's trading around $210 per share, which is likely not a high enough pure-dollar level to encourage the company to reorganize its stock structure.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
That said, I still think that Nvidia stands out as a worthwhile long-term investment.
Nvidia and other leading AI stocks have recently seen some downward valuation pressures connected to increased calls for safety guardrails and other regulations around the progression of artificial intelligence (AI) development. These technologies are evolving fast, and there are good reasons to be concerned. On the other hand, I expect that the intensifying focus on the dangers that AI poses will ultimately have a relatively small impact on Nvidia's growth trajectory.
#Stock #signal #flashing #think
16 days ago
Cipher Digital (NASDAQ: CIFR) stock is roaring higher on Wednesday. The company's share price was up 13.9% as of 10:35 a.m. ET. At the same point in the daily session, the S&P 500 and the Nasdaq Composite were up 0.2% and 0.6%, respectively.
After recent sell-offs driven by concerns about the potential for increased regulation in the artificial intelligence (AI) industry, stocks in the category are seeing some rebound trading in today's session. In addition to that bullish catalyst, Cipher Digital stock is getting a big boost from news connected to its Texas data center projects.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The potential for AI to create dangerous outcomes has been a center-stage news item and point of political discussion recently, and increased focus on the topic has powered some valuation pullbacks for artificial intelligence companies. Calls for increased regulation of the AI industry have caused concerns among investors that growth in the category could be impeded, but stocks in the ******* e are broadly seeing some rebound momentum in today's trading.
Before the market opened this morning, the Electric Reliability Council of Texas (ERCOT) published an update through its Batch Zero evaluation framework indicating grid capacity of up to 3.2 gigawatts for Cipher's data centers in the state. The update bodes well for the scaling of the company's AI compute business, and investors are bidding up the stock today in response.
#Stock #cipher #same
After recent sell-offs driven by concerns about the potential for increased regulation in the artificial intelligence (AI) industry, stocks in the category are seeing some rebound trading in today's session. In addition to that bullish catalyst, Cipher Digital stock is getting a big boost from news connected to its Texas data center projects.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The potential for AI to create dangerous outcomes has been a center-stage news item and point of political discussion recently, and increased focus on the topic has powered some valuation pullbacks for artificial intelligence companies. Calls for increased regulation of the AI industry have caused concerns among investors that growth in the category could be impeded, but stocks in the ******* e are broadly seeing some rebound momentum in today's trading.
Before the market opened this morning, the Electric Reliability Council of Texas (ERCOT) published an update through its Batch Zero evaluation framework indicating grid capacity of up to 3.2 gigawatts for Cipher's data centers in the state. The update bodes well for the scaling of the company's AI compute business, and investors are bidding up the stock today in response.
#Stock #cipher #same
16 days ago
The Fed raised rates 25 basis points today, pushing the funds rate to 4% as major indices sold off in anticipation.
Brent Crude surged to $109 and WTI hit $106 as renewed Middle East fighting and a Saudi pipeline shutdown drove energy prices higher.
Bitcoin dropped nearly 4% to $76,180 after the Clarity Act crypto regulation bill failed in the Senate by a single vote, 50-49.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Futures are trading higher as the Federal Reserve's reckoning day has arrived. Interest rate futures tracked by CME FedWatch show a 92% chance of a 25-basis-point increase in the Fed funds rate today. That will push the funds rate to 3.75% to 4%. In addition, market watchers expect two more rate hikes over the next year to tackle sticky inflation, exacerbated by the war with Iran and rising oil prices.
#funds
Brent Crude surged to $109 and WTI hit $106 as renewed Middle East fighting and a Saudi pipeline shutdown drove energy prices higher.
Bitcoin dropped nearly 4% to $76,180 after the Clarity Act crypto regulation bill failed in the Senate by a single vote, 50-49.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Futures are trading higher as the Federal Reserve's reckoning day has arrived. Interest rate futures tracked by CME FedWatch show a 92% chance of a 25-basis-point increase in the Fed funds rate today. That will push the funds rate to 3.75% to 4%. In addition, market watchers expect two more rate hikes over the next year to tackle sticky inflation, exacerbated by the war with Iran and rising oil prices.
#funds
17 days ago
Updated Sept 15, 2026, 4:10 pm EDT / Original Sept 15, 2026, 6:33 am EDT
The Clarity Act, a key bill for crypto regulation, failed to advance in the Senate Tuesday. The vote was 49 to 50 in a procedural vote known as invoking cloture that could have moved it to a final vote.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Rising oil prices and a 10-year Treasury yield climbing to around 5% have raised concerns about consumer spending and restaurant operating costs.
#updated #clarity #senate
The Clarity Act, a key bill for crypto regulation, failed to advance in the Senate Tuesday. The vote was 49 to 50 in a procedural vote known as invoking cloture that could have moved it to a final vote.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Rising oil prices and a 10-year Treasury yield climbing to around 5% have raised concerns about consumer spending and restaurant operating costs.
#updated #clarity #senate
17 days ago
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Senators on Tuesday voted to block the Clarity Act from moving forward, setting back efforts to establish a comprehensive regulatory framework for the crypto industry.
The Digital ******* et Market Clarity Act received 50 votes for and 49 against the motion to proceed, short of the 60 votes needed to advance, a threshold that would have required at least seven Democratic "yes" votes and all 53 Senate Republicans.
Sen. Elizabeth Warren (D-Mass.) has been an outspoken critic of the legislation, saying it "fails to adequately protect investors, our financial system, and our national security. However, Republicans say the latest draft included more than 100 revisions Democrats requested, including stricter ethics guidelines.
The bill is over 600 pages long and would have marked the first federal regulation of the U.S. crypto sector. A version of the bill cleared the House last year, but it encountered resistance in the Senate.
#Crypto #tuesday
Senators on Tuesday voted to block the Clarity Act from moving forward, setting back efforts to establish a comprehensive regulatory framework for the crypto industry.
The Digital ******* et Market Clarity Act received 50 votes for and 49 against the motion to proceed, short of the 60 votes needed to advance, a threshold that would have required at least seven Democratic "yes" votes and all 53 Senate Republicans.
Sen. Elizabeth Warren (D-Mass.) has been an outspoken critic of the legislation, saying it "fails to adequately protect investors, our financial system, and our national security. However, Republicans say the latest draft included more than 100 revisions Democrats requested, including stricter ethics guidelines.
The bill is over 600 pages long and would have marked the first federal regulation of the U.S. crypto sector. A version of the bill cleared the House last year, but it encountered resistance in the Senate.
#Crypto #tuesday
17 days ago
The S&P 500 Index ($SPX) (SPY) is down by -0.58% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.95%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.69%. E-mini S&P futures (ESU26) are down -0.56%, and September E-mini Nasdaq futures (NQU26) are down -0.67%.
Stock indexes are falling today, with the S&P 500 and the Dow Jones Industrials posting 6-week lows. Stocks are under pressure as elevated crude oil prices raise inflation expectations and push bond yields higher worldwide. The 10-year T-note yield rose to a 19-year high of 5.04% today. The 10-year German Bund yield rose to a 17-year high of 3.57%, and the 10-year ******* an JGB bond yield rose to a 30-year high of 3.04%. Also, enthusiasm for the AI trade, the major driver of stock gains this year, remains tempered as debate continues over whether the technology may inflict catastrophic harm and whether political pressure for new regulations may slow development.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#year #today #jones
Stock indexes are falling today, with the S&P 500 and the Dow Jones Industrials posting 6-week lows. Stocks are under pressure as elevated crude oil prices raise inflation expectations and push bond yields higher worldwide. The 10-year T-note yield rose to a 19-year high of 5.04% today. The 10-year German Bund yield rose to a 17-year high of 3.57%, and the 10-year ******* an JGB bond yield rose to a 30-year high of 3.04%. Also, enthusiasm for the AI trade, the major driver of stock gains this year, remains tempered as debate continues over whether the technology may inflict catastrophic harm and whether political pressure for new regulations may slow development.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#year #today #jones
17 days ago
The S&P 500 Index ($SPX) (SPY) is down by -0.19% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.64%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.08%. E-mini S&P futures (ESU26) are down -0.21%, and September E-mini Nasdaq futures (NQU26) are down -0.10%.
Stock indexes are under pressure today as elevated crude oil prices raise inflation expectations and push bond yields higher worldwide. The 10-year T-note yield rose to a 19-year high of 5.04% today. The 10-year German Bund yield rose to a 17-year high of 3.57%, and the 10-year ******* an JGB bond yield rose to a 30-year high of 3.04%. Also, enthusiasm for the AI trade, the major driver of stock gains this year, remains tempered as debate continues over whether the technology may inflict catastrophic harm and whether political pressure for new regulations may slow development.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#Stock
Stock indexes are under pressure today as elevated crude oil prices raise inflation expectations and push bond yields higher worldwide. The 10-year T-note yield rose to a 19-year high of 5.04% today. The 10-year German Bund yield rose to a 17-year high of 3.57%, and the 10-year ******* an JGB bond yield rose to a 30-year high of 3.04%. Also, enthusiasm for the AI trade, the major driver of stock gains this year, remains tempered as debate continues over whether the technology may inflict catastrophic harm and whether political pressure for new regulations may slow development.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#Stock
17 days ago
The S&P 500 Index ($SPX) (SPY) is down by -0.19% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.64%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.08%. E-mini S&P futures (ESU26) are down -0.21%, and September E-mini Nasdaq futures (NQU26) are down -0.10%.
Stock indexes are under pressure today as elevated crude oil prices raise inflation expectations and push bond yields higher worldwide. The 10-year T-note yield rose to a 19-year high of 5.04% today. The 10-year German Bund yield rose to a 17-year high of 3.57%, and the 10-year **** an JGB bond yield rose to a 30-year high of 3.04%. Also, enthusiasm for the AI trade, the major driver of stock gains this year, remains tempered as debate continues over whether the technology may inflict catastrophic harm and whether political pressure for new regulations may slow development.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#today #yield #high
Stock indexes are under pressure today as elevated crude oil prices raise inflation expectations and push bond yields higher worldwide. The 10-year T-note yield rose to a 19-year high of 5.04% today. The 10-year German Bund yield rose to a 17-year high of 3.57%, and the 10-year **** an JGB bond yield rose to a 30-year high of 3.04%. Also, enthusiasm for the AI trade, the major driver of stock gains this year, remains tempered as debate continues over whether the technology may inflict catastrophic harm and whether political pressure for new regulations may slow development.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#today #yield #high
17 days ago
Washington's biggest question this week: Why is President Donald Trump so furiously against an AI slowdown in the wake of apocalyptic warnings from some top industry executives?
The clue is in one word — "hoax" — that he's using to ridicule fears that computerized agents could one day seek to destroy humanity.
When Trump reaches for the H-word, two things are usually happening: He's facing a controversy threatening his political or personal priorities, and he's lost control of the politics.
Trump has long dismissed climate change as a "hoax." So it was a tell that he went on social media to specifically draw an ******* ogy between a planet that is warming despite his denials and the calls for AI controls expressed by leaders in the industry.
By changing reality, Trump frees himself from an obligation to act. In energy policy, that means "drill, baby, drill." His administration has slashed regulation, pleasing oil industry donors. His rants against wind farms suggest he hankers for a 20th-century economy running on carbon.
#Trump #hoax #week
The clue is in one word — "hoax" — that he's using to ridicule fears that computerized agents could one day seek to destroy humanity.
When Trump reaches for the H-word, two things are usually happening: He's facing a controversy threatening his political or personal priorities, and he's lost control of the politics.
Trump has long dismissed climate change as a "hoax." So it was a tell that he went on social media to specifically draw an ******* ogy between a planet that is warming despite his denials and the calls for AI controls expressed by leaders in the industry.
By changing reality, Trump frees himself from an obligation to act. In energy policy, that means "drill, baby, drill." His administration has slashed regulation, pleasing oil industry donors. His rants against wind farms suggest he hankers for a 20th-century economy running on carbon.
#Trump #hoax #week
17 days ago
Cipher Digital (NASDAQ: CIFR) stock is roaring higher on Wednesday. The company's share price was up 13.9% as of 10:35 a.m. ET. At the same point in the daily session, the S&P 500 and the Nasdaq Composite were up 0.2% and 0.6%, respectively.
After recent sell-offs driven by concerns about the potential for increased regulation in the artificial intelligence (AI) industry, stocks in the category are seeing some rebound trading in today's session. In addition to that bullish catalyst, Cipher Digital stock is getting a big boost from news connected to its Texas data center projects.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The potential for AI to create dangerous outcomes has been a center-stage news item and point of political discussion recently, and increased focus on the topic has powered some valuation pullbacks for artificial intelligence companies. Calls for increased regulation of the AI industry have caused concerns among investors that growth in the category could be impeded, but stocks in the ******* e are broadly seeing some rebound momentum in today's trading.
Before the market opened this morning, the Electric Reliability Council of Texas (ERCOT) published an update through its Batch Zero evaluation framework indicating grid capacity of up to 3.2 gigawatts for Cipher's data centers in the state. The update bodes well for the scaling of the company's AI compute business, and investors are bidding up the stock today in response.
#NVIDIA #Stock #increased #flashing
After recent sell-offs driven by concerns about the potential for increased regulation in the artificial intelligence (AI) industry, stocks in the category are seeing some rebound trading in today's session. In addition to that bullish catalyst, Cipher Digital stock is getting a big boost from news connected to its Texas data center projects.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The potential for AI to create dangerous outcomes has been a center-stage news item and point of political discussion recently, and increased focus on the topic has powered some valuation pullbacks for artificial intelligence companies. Calls for increased regulation of the AI industry have caused concerns among investors that growth in the category could be impeded, but stocks in the ******* e are broadly seeing some rebound momentum in today's trading.
Before the market opened this morning, the Electric Reliability Council of Texas (ERCOT) published an update through its Batch Zero evaluation framework indicating grid capacity of up to 3.2 gigawatts for Cipher's data centers in the state. The update bodes well for the scaling of the company's AI compute business, and investors are bidding up the stock today in response.
#NVIDIA #Stock #increased #flashing
19 days ago
On August 6, PureCycle Technologies (NASDAQ:PCT) reported second-quarter results for the period ended June 30, and buried in the numbers was something the plastics recycler has chased for years: an actual branded product on store shelves. Select Downy detergent caps made with PureCycle's PureFive resin entered commercial production for Procter & Gamble during the quarter, the first tangible sign the company's purification technology can clear a major consumer brand's supply chain. Revenue came in at $4.5 million, up roughly 173% from a year earlier and the sixth straight quarter of sequential growth.
The Downy win was not an isolated event. PureCycle said select Tide caps are scheduled for retail production in the third quarter, with Vicks ZzzQuil PURE Zzzs child-resistant lids targeted for the fourth quarter of 2026. Seven customer conversions took place during the quarter, alongside six new commercial partnerships spanning closures, automotive, film, and food packaging, including Amcor, Motherson, and Innovia Films. Regulation is doing real work here too. New Jersey's Department of Environmental Protection approved PureFive as post-consumer recycled content, a decision that arrives as the state's food contact exemption expires in January 2027 and its recycled content requirement climbs to 20%, while California's SB54 is already in effect.
Operationally, the Ironton facility's planned turnaround finished ahead of schedule and under budget, with more than 170 reliability and rate projects completed and inspections showing no corrosion on major equipment. On-site compounding, commissioned in April, is now running 24 hours a day, five days a week, with plans to expand to seven by the fourth quarter. PureCycle also picked up ISO 9001:2015 certification in May and closed the quarter with $236.9 million in total liquidity after a June capital raise.
The other side of the ledger is harder to ignore. PureCycle posted a net loss of $142.2 million for the quarter, and adjusted EBITDA actually widened to a loss of $31.7 million from a loss of $27.8 million a year earlier, a shift the company attributes to smaller non-cash addbacks rather than weaker operations. PureFive production fell to 4.5 million pounds for the quarter, a direct result of the planned turnaround, even though output was still up about 32% from a year ago. Growth is not coming cheap either. Full-year 2026 project spending guidance was raised to a range of $45 million to $50 million, up from the prior $39 million to $45 million.
#year #loss
The Downy win was not an isolated event. PureCycle said select Tide caps are scheduled for retail production in the third quarter, with Vicks ZzzQuil PURE Zzzs child-resistant lids targeted for the fourth quarter of 2026. Seven customer conversions took place during the quarter, alongside six new commercial partnerships spanning closures, automotive, film, and food packaging, including Amcor, Motherson, and Innovia Films. Regulation is doing real work here too. New Jersey's Department of Environmental Protection approved PureFive as post-consumer recycled content, a decision that arrives as the state's food contact exemption expires in January 2027 and its recycled content requirement climbs to 20%, while California's SB54 is already in effect.
Operationally, the Ironton facility's planned turnaround finished ahead of schedule and under budget, with more than 170 reliability and rate projects completed and inspections showing no corrosion on major equipment. On-site compounding, commissioned in April, is now running 24 hours a day, five days a week, with plans to expand to seven by the fourth quarter. PureCycle also picked up ISO 9001:2015 certification in May and closed the quarter with $236.9 million in total liquidity after a June capital raise.
The other side of the ledger is harder to ignore. PureCycle posted a net loss of $142.2 million for the quarter, and adjusted EBITDA actually widened to a loss of $31.7 million from a loss of $27.8 million a year earlier, a shift the company attributes to smaller non-cash addbacks rather than weaker operations. PureFive production fell to 4.5 million pounds for the quarter, a direct result of the planned turnaround, even though output was still up about 32% from a year ago. Growth is not coming cheap either. Full-year 2026 project spending guidance was raised to a range of $45 million to $50 million, up from the prior $39 million to $45 million.
#year #loss
19 days ago
Shares of the artificial intelligence cloud provider Oracle (NYSE: ORCL) slid this morning after a report over the weekend showed that co-founder Larry Ellison was abandoning plans to sell up to $7.5 billion worth of Oracle stock.
That sort of news would typically cause a share price rally, but Ellison's move came as investors sold some AI stocks today, amid calls from Anthropic and OpenAI for more artificial intelligence regulation.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Adding to investor pessimism today is the growing belief among investors that the Federal Reserve may hike rates at its next meeting. That could make Oracle's current AI spending even more expensive than it already is.
Oracle stock was down by 4.5% as of 11:04 am ET.
#intelligence #investors
That sort of news would typically cause a share price rally, but Ellison's move came as investors sold some AI stocks today, amid calls from Anthropic and OpenAI for more artificial intelligence regulation.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Adding to investor pessimism today is the growing belief among investors that the Federal Reserve may hike rates at its next meeting. That could make Oracle's current AI spending even more expensive than it already is.
Oracle stock was down by 4.5% as of 11:04 am ET.
#intelligence #investors
21 days ago
When it rains, it pours.
In the literal sense, UCF waited more than an hour before taking the field as thunderstorms hovered over and rolled through Pittsburgh's Acrisure Stadium. In a figurative one, just about everything went wrong for the Knights' offense on a dreary day in Western Pennsylvania, resulting in a 10th consecutive road defeat.
The Knights mustered less than one yard per carry and went scoreless for nearly 58 minutes in a 12-7 loss to Pitt. Alonza Barnett III busted up the Panthers' shutout bid with a 19-yard pass to Waden Charles, the first touchdown of the sophomore receiver's college career.
UCF (1-1) was limited to 206 yards of offense, going 4 of 13 on third down and 0 for 3 on fourth down — including a final sack of backup quarterback Keyone Jenkins with 1:22 left in regulation. Barnett limped off the field with an apparent right leg injury following the previous play.
"I think that there's a lot we have to look at and reconsider," Knights coach Scott Frost said. "We've got to play better on offense. That starts with me and the offensive staff. I just didn't think we clicked.
#knights #acrisure
In the literal sense, UCF waited more than an hour before taking the field as thunderstorms hovered over and rolled through Pittsburgh's Acrisure Stadium. In a figurative one, just about everything went wrong for the Knights' offense on a dreary day in Western Pennsylvania, resulting in a 10th consecutive road defeat.
The Knights mustered less than one yard per carry and went scoreless for nearly 58 minutes in a 12-7 loss to Pitt. Alonza Barnett III busted up the Panthers' shutout bid with a 19-yard pass to Waden Charles, the first touchdown of the sophomore receiver's college career.
UCF (1-1) was limited to 206 yards of offense, going 4 of 13 on third down and 0 for 3 on fourth down — including a final sack of backup quarterback Keyone Jenkins with 1:22 left in regulation. Barnett limped off the field with an apparent right leg injury following the previous play.
"I think that there's a lot we have to look at and reconsider," Knights coach Scott Frost said. "We've got to play better on offense. That starts with me and the offensive staff. I just didn't think we clicked.
#knights #acrisure
21 days ago
The Wisconsin Badgers beat the Western Illinois Leathernecks 36-9 on a night that started on a high note but ended with many questions as Wisconsin improved to 1-1 on the season.
Wisconsin entered the week as a 36.5-point favorite, and that jumped all the way to 42.5 ahead of kickoff. Things looked great on the first snap of regulation, as Abu Sama III bounced a run to the edge for a 72-yard touchdown to give the Badgers an early 7-0 lead.
The Badgers forced a quick three-and-out and faced their first minor issue as Tyrell Henry fumbled on the punt return, but Wisconsin was able to recover and got great starting field position at their own 46-yard line. Sama quickly got the Badgers moving with a 31-yard run on the first play of the drive, once again bouncing to the edge and winning with speed.
One play later, the Badgers got into the red zone, but the drive stalled there as a first-down Sama run went for negative yards. Wisconsin couldn't recover from there, and they kicked a field goal in the red zone for an early 10-0 lead.
Wisconsin's defense looked sharp once again on the ensuing drive with their second consecutive three-and-out, and the punt unit made a major play for the second week in a row. After Liam Danitz blocked a punt against Notre Dame last week, Carson Van Dinter got a blocked punt early on Saturday, which he returned for an easy touchdown. Suddenly, Wisconsin was up 17-0 less than halfway through the first quarter.
#early
Wisconsin entered the week as a 36.5-point favorite, and that jumped all the way to 42.5 ahead of kickoff. Things looked great on the first snap of regulation, as Abu Sama III bounced a run to the edge for a 72-yard touchdown to give the Badgers an early 7-0 lead.
The Badgers forced a quick three-and-out and faced their first minor issue as Tyrell Henry fumbled on the punt return, but Wisconsin was able to recover and got great starting field position at their own 46-yard line. Sama quickly got the Badgers moving with a 31-yard run on the first play of the drive, once again bouncing to the edge and winning with speed.
One play later, the Badgers got into the red zone, but the drive stalled there as a first-down Sama run went for negative yards. Wisconsin couldn't recover from there, and they kicked a field goal in the red zone for an early 10-0 lead.
Wisconsin's defense looked sharp once again on the ensuing drive with their second consecutive three-and-out, and the punt unit made a major play for the second week in a row. After Liam Danitz blocked a punt against Notre Dame last week, Carson Van Dinter got a blocked punt early on Saturday, which he returned for an easy touchdown. Suddenly, Wisconsin was up 17-0 less than halfway through the first quarter.
#early
22 days ago
America's F1 hopeful Colton Herta pulls out of the sprint F2 race in Madrid with illness, but it comes after the FIA penalised him to start from the pitlane.
It is not going well for America's F1 hopeful Herta at all in the FIA Formula 2 (F2) Championship in 2026. Having taken a big step to move away from IndyCar in the hope of securing enough superlicence points to race in Formula 1, potentially with Cadillac, the season hasn't gone his way at all.
Racing for Hitech GP, Herta is 17th with 26 points after 10 rounds, with a best result of fifth. The American is racing at F1's new Madring circuit in Madrid on Spanish GP weekend. He started it well in fourth. He was doing well in qualifying in the Top 10 for the most part.
However, he dropped to 12th in the end after he suffered a crash at Turn 19 to end the session. Following the day's run, just before Restricted Period One kicked in for F2 teams, Hitech GP found a problem with the American's car, which they started to work on.
Since it was a priority, they continued working into Restricted Period One and therefore were in breach of Article 21.6a of the F2 regulations. The technical delegate reported the matter, and the stewards duly penalised him with a pitlane start in Madrid's sprint race on Saturday.
#herta #madrid
It is not going well for America's F1 hopeful Herta at all in the FIA Formula 2 (F2) Championship in 2026. Having taken a big step to move away from IndyCar in the hope of securing enough superlicence points to race in Formula 1, potentially with Cadillac, the season hasn't gone his way at all.
Racing for Hitech GP, Herta is 17th with 26 points after 10 rounds, with a best result of fifth. The American is racing at F1's new Madring circuit in Madrid on Spanish GP weekend. He started it well in fourth. He was doing well in qualifying in the Top 10 for the most part.
However, he dropped to 12th in the end after he suffered a crash at Turn 19 to end the session. Following the day's run, just before Restricted Period One kicked in for F2 teams, Hitech GP found a problem with the American's car, which they started to work on.
Since it was a priority, they continued working into Restricted Period One and therefore were in breach of Article 21.6a of the F2 regulations. The technical delegate reported the matter, and the stewards duly penalised him with a pitlane start in Madrid's sprint race on Saturday.
#herta #madrid
22 days 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
23 days ago
On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by special guest co-host Ophelia Snyder, Co-Founder of 21Shares. Payward Chief Commercial Officer Mark Greenberg breaks down Kraken parent Payward's new partnerships with SoFi and the London Stock Exchange, and how xStocks is bringing tokenized equities and 24/7 markets to investors around the world. Bullish Exchange President Chris Tyrer unpacks Bullish's $4.2 billion acquisition of transfer agent Equiniti, its first tokenized-share trades on a GFSC-regulated venue, and the competing models shaping the future of tokenized stocks. Plus, Sanasie and Snyder break down another billion-dollar week for Bitcoin and Ethereum ETFs and what shifting macro conditions could mean for crypto.-Learn more at bullish.com.-Register now for CoinDesk's Policy and Regulation event on September 22, 2026: policy-regulation.coindesk.com.-To get market-moving news delivered daily, download CoinDesk's mobile app: linktr.ee/coindeskapp.
#sanasie
#sanasie
23 days ago
Lone Peak's girls soccer team churned out a dream 40 minutes in the second half at American Fork on Thursday.
In a showdown between the No. 2 and 3 teams in 6A, the Knights ripped off six goals in the second half as they ran away with the 6-0 victory in their most complete performance of the season.
The win ran Lone Peak's winning streak to eight straight, and coach Shantel Jolley said it was nice to see her team finish off a game in regulation after its three previous wins all went into overtime, and two ultimately into penalties.
"The last three games we've had tight games, double overtime, and so we kind of wanted to finally get one where we weren't going into overtime and playing 100 minutes, so that was kind of my challenge to them today," Jolley said.
Even though breakthrough didn't come until the second half, Lone Peak's attack was dangerous from the get-go as it put American Fork's defense under pressure early in the match.
#lone #team
In a showdown between the No. 2 and 3 teams in 6A, the Knights ripped off six goals in the second half as they ran away with the 6-0 victory in their most complete performance of the season.
The win ran Lone Peak's winning streak to eight straight, and coach Shantel Jolley said it was nice to see her team finish off a game in regulation after its three previous wins all went into overtime, and two ultimately into penalties.
"The last three games we've had tight games, double overtime, and so we kind of wanted to finally get one where we weren't going into overtime and playing 100 minutes, so that was kind of my challenge to them today," Jolley said.
Even though breakthrough didn't come until the second half, Lone Peak's attack was dangerous from the get-go as it put American Fork's defense under pressure early in the match.
#lone #team
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26 days ago
It's official! Prince George is an Eton College student. The future king had his first day at dad Prince William's alma mater on September 8, beginning a new school that is known for it's prestigious education and strict rules.
According to CNN, the college only accepts around 270 students each academic year and they range in age from 13 to 18 years old. Students have to pay a pretty penny to attend the institution that has an annual fee of about $84,900 a year.
More from SheKnows
Is Harry & Meghan's Chosen School For Their Kids The Same One William & Kate's Children Attend?
Along with William and Prince Harry, some of the school's alumni are Boris Johnson and David Cameron, who are former Conservative prime ministers, and actors Eddie Redmayne and Tom Hiddleston. Like his predecessors, George will have to follow some strict rules at Eton. Here are some of the rules and regulations he'll have to adhere to at the institution.
#eton #harry #william #attend
According to CNN, the college only accepts around 270 students each academic year and they range in age from 13 to 18 years old. Students have to pay a pretty penny to attend the institution that has an annual fee of about $84,900 a year.
More from SheKnows
Is Harry & Meghan's Chosen School For Their Kids The Same One William & Kate's Children Attend?
Along with William and Prince Harry, some of the school's alumni are Boris Johnson and David Cameron, who are former Conservative prime ministers, and actors Eddie Redmayne and Tom Hiddleston. Like his predecessors, George will have to follow some strict rules at Eton. Here are some of the rules and regulations he'll have to adhere to at the institution.
#eton #harry #william #attend
26 days ago
A record-breaking performance capped by a game-sealing tackle led Auburn safety Eric Winters to a weekly award.
Winters was named SEC Co-Defensive Player of the Week after his Week 1 performance against Baylor, recording a career-high 11 tackles in the Tigers' 17-16 win over the Baylor Bears in the Aflac Kickoff Game in Atlanta, Georgia. He finished with nine solo tackles, with none bigger than his stop of Baylor tight end Matthew Klopfenstein at the goal line late in the 4th quarter, which thwarted a two-point conversion attempt and sealed the win for the Tigers.
Winters' clutch tackle came one play after miscommunication in coverage led to a Baylor touchdown, cutting the Tigers' lead to just one point with 0:09 remaining in regulation. Baylor elected to go for the win with a two-point conversion attempt, which allowed Winters a shot at redemption. It was a shot he did not miss.
"(DJ) Durkin always says 'next play mentality,'" Winters said postgame. "The next play came, (and I) made a play to win us the game."
Winters splits this week's award with Texas linebacker Rasheem Biles, who logged five tackles and created two turnovers in the Longhorns' 59-7 win over Texas State on Saturday. Winters will work to earn a second consecutive SEC award this week when Auburn faces Southern Miss on Saturday; kickoff is scheduled for 6:45 p.m. CT on SEC Network.
#winters
Winters was named SEC Co-Defensive Player of the Week after his Week 1 performance against Baylor, recording a career-high 11 tackles in the Tigers' 17-16 win over the Baylor Bears in the Aflac Kickoff Game in Atlanta, Georgia. He finished with nine solo tackles, with none bigger than his stop of Baylor tight end Matthew Klopfenstein at the goal line late in the 4th quarter, which thwarted a two-point conversion attempt and sealed the win for the Tigers.
Winters' clutch tackle came one play after miscommunication in coverage led to a Baylor touchdown, cutting the Tigers' lead to just one point with 0:09 remaining in regulation. Baylor elected to go for the win with a two-point conversion attempt, which allowed Winters a shot at redemption. It was a shot he did not miss.
"(DJ) Durkin always says 'next play mentality,'" Winters said postgame. "The next play came, (and I) made a play to win us the game."
Winters splits this week's award with Texas linebacker Rasheem Biles, who logged five tackles and created two turnovers in the Longhorns' 59-7 win over Texas State on Saturday. Winters will work to earn a second consecutive SEC award this week when Auburn faces Southern Miss on Saturday; kickoff is scheduled for 6:45 p.m. CT on SEC Network.
#winters
27 days ago
NASHVILLE – The only thing more chaotic than Broadway in Nashville on Sunday night was Nissan Stadium about five miles away.
What started out as a deeply flawed first-half offensive performance from Louisville ended in a second-half shootout between the Cardinals and No. 10 Ole Miss.
The Cardinals tied the game, 24-24, just before the end of the third quarter, but the Rebels had more firepower. Ole Miss outlasted Louisville, 41-38, Music City Kickoff victory. It's the first season-opening loss in the Jeff Brohm era of Louisville football.
Lincoln Kienholz got off to a rocky start but became the star that the Cardinals needed late in the game. The Ohio State transfer quarterback answered 14 straight Rebels points with a 54-yard touchdown pass to Lawayne McCoy and a 7-yard TD run in a little more than three minutes for a 38-all tie late in the fourth quarter.
But Ole Miss got the ball back with 1:28 remaining in regulation and barely escaped with a 48-yard field goal.
#rebels #first #game
What started out as a deeply flawed first-half offensive performance from Louisville ended in a second-half shootout between the Cardinals and No. 10 Ole Miss.
The Cardinals tied the game, 24-24, just before the end of the third quarter, but the Rebels had more firepower. Ole Miss outlasted Louisville, 41-38, Music City Kickoff victory. It's the first season-opening loss in the Jeff Brohm era of Louisville football.
Lincoln Kienholz got off to a rocky start but became the star that the Cardinals needed late in the game. The Ohio State transfer quarterback answered 14 straight Rebels points with a 54-yard touchdown pass to Lawayne McCoy and a 7-yard TD run in a little more than three minutes for a 38-all tie late in the fourth quarter.
But Ole Miss got the ball back with 1:28 remaining in regulation and barely escaped with a 48-yard field goal.
#rebels #first #game
27 days ago
Dixie gets victory in overtime to grab first win of season
Dixie got its first win of the season in dramatic fashion last Friday, grabbing the win in overtime 35-34 against Cedar.
With seven seconds left in regulation and trailing by seven, Dixie quarterback Robbie Bennett found Riker Muhlestein in the end zone on a short 3-yard pass to force overtime.
In overtime, Muhlestein threw a 20-yard touchdown pass to Jennings Larkin to claim the team's first win of the season.
Dixie head coach William Leibert could not be prouder of his team and the fight it showed throughout the game.
#muhlestein #seven #yard #cedar
Dixie got its first win of the season in dramatic fashion last Friday, grabbing the win in overtime 35-34 against Cedar.
With seven seconds left in regulation and trailing by seven, Dixie quarterback Robbie Bennett found Riker Muhlestein in the end zone on a short 3-yard pass to force overtime.
In overtime, Muhlestein threw a 20-yard touchdown pass to Jennings Larkin to claim the team's first win of the season.
Dixie head coach William Leibert could not be prouder of his team and the fight it showed throughout the game.
#muhlestein #seven #yard #cedar
27 days ago
Thriston Lawrence did what Paul Casey could not: covert a winning putt at the Omega European Masters.
Lawrence made a 20-foot birdie putt on the fourth playoff hole to defeat Casey and successfully defend his ******* le in Crans-Montana, Switzerland. He also joined Seve Ballesteros as the only three-time winner of the DP World Tour event. Lawrence won as well in 2022, while Ballesteros was victorious in 1977, '78 and '89.
The two men finished regulation at 18 under par, with Lawrence closing in 8-under 62 and Casey, the overnight leader by three, shooting 68.
Casey, however, had a chance to end it on the 72nd hole. Leading by one, his approach shot from the rough on the par-4 18th landed well short of the green, bounded onto a rock, bounced over a creek and settled in the rough. The fortunate break allowed Casey to chip from a difficult lie to 10 feet past the hole. His winning effort, though, lipped out.
That led to sudden death with Lawrence, who was watching things unfold on TV.
#three
Lawrence made a 20-foot birdie putt on the fourth playoff hole to defeat Casey and successfully defend his ******* le in Crans-Montana, Switzerland. He also joined Seve Ballesteros as the only three-time winner of the DP World Tour event. Lawrence won as well in 2022, while Ballesteros was victorious in 1977, '78 and '89.
The two men finished regulation at 18 under par, with Lawrence closing in 8-under 62 and Casey, the overnight leader by three, shooting 68.
Casey, however, had a chance to end it on the 72nd hole. Leading by one, his approach shot from the rough on the par-4 18th landed well short of the green, bounded onto a rock, bounced over a creek and settled in the rough. The fortunate break allowed Casey to chip from a difficult lie to 10 feet past the hole. His winning effort, though, lipped out.
That led to sudden death with Lawrence, who was watching things unfold on TV.
#three
28 days ago
Pakistan's troubled England tour has taken another unexpected turn, with the Pakistan Cricket Board reportedly taking mobile phones belonging to members of the national team into its custody ahead of the third and final Test at Edgbaston.
According to Pakistani 365 News, the players' devices have been handed over to the PCB and will remain with the board until the conclusion of the final Test. The report did not reveal the identities of the players whose phones were taken, while the PCB has not publicly stated why the devices were placed in its custody.
The development has raised questions about the extent of the authorities' powers over players' personal devices, particularly regarding when phones can be seized, retained or accessed and what safeguards apply to private communications.
Mobile phones are already subject to strict restrictions in international cricket, particularly inside areas designated as restricted during matches.
Under the ICC's Player and Match Officials Area regulations, players and support staff are not permitted to possess or use mobile phones or other communication devices inside restricted areas, including dressing rooms, during an international match.
Players are expected to place their devices in secure storage before entering such areas. The primary purpose of these regulations is to protect the integrity of international matches and prevent unauthorised communication.
However, those match-day restrictions are separate from a situation in which a player's personal phone is retained for an extended period.
The ICC Anti-Corruption Code gives authorised anti-corruption officials considerably broader powers when a formal integrity investigation is underway.
Under the code, an authorised anti-corruption official can make a written demand requiring a participant to surrender a mobile device or allow investigators to copy or download information from it when there are reasonable grounds to believe the material could be relevant to an investigation.
The information potentially covered by such a request is wide-ranging. It can include telephone and internet records, text messages, WhatsApp conversations, photographs, videos, audio files and other electronically stored documents.
Participants can also be required to provide passwords or access codes needed by investigators to obtain the relevant material.
A failure to comply with a legitimate demand during an anti-corruption investigation can itself result in disciplinary action.
Despite the ICC's provisions, the reported decision by the PCB to take possession of the players' phones does not, by itself, establish that an anti-corruption investigation is taking place.
There has been no confirmation that the PCB's action in England is connected to an integrity investigation involving corruption, betting or match-fixing. No player has been publicly accused of an integrity offence either.
There is also a distinction between the ICC's jurisdic
According to Pakistani 365 News, the players' devices have been handed over to the PCB and will remain with the board until the conclusion of the final Test. The report did not reveal the identities of the players whose phones were taken, while the PCB has not publicly stated why the devices were placed in its custody.
The development has raised questions about the extent of the authorities' powers over players' personal devices, particularly regarding when phones can be seized, retained or accessed and what safeguards apply to private communications.
Mobile phones are already subject to strict restrictions in international cricket, particularly inside areas designated as restricted during matches.
Under the ICC's Player and Match Officials Area regulations, players and support staff are not permitted to possess or use mobile phones or other communication devices inside restricted areas, including dressing rooms, during an international match.
Players are expected to place their devices in secure storage before entering such areas. The primary purpose of these regulations is to protect the integrity of international matches and prevent unauthorised communication.
However, those match-day restrictions are separate from a situation in which a player's personal phone is retained for an extended period.
The ICC Anti-Corruption Code gives authorised anti-corruption officials considerably broader powers when a formal integrity investigation is underway.
Under the code, an authorised anti-corruption official can make a written demand requiring a participant to surrender a mobile device or allow investigators to copy or download information from it when there are reasonable grounds to believe the material could be relevant to an investigation.
The information potentially covered by such a request is wide-ranging. It can include telephone and internet records, text messages, WhatsApp conversations, photographs, videos, audio files and other electronically stored documents.
Participants can also be required to provide passwords or access codes needed by investigators to obtain the relevant material.
A failure to comply with a legitimate demand during an anti-corruption investigation can itself result in disciplinary action.
Despite the ICC's provisions, the reported decision by the PCB to take possession of the players' phones does not, by itself, establish that an anti-corruption investigation is taking place.
There has been no confirmation that the PCB's action in England is connected to an integrity investigation involving corruption, betting or match-fixing. No player has been publicly accused of an integrity offence either.
There is also a distinction between the ICC's jurisdic
28 days ago
CHARLOTTE, N.C. (AP) — Gavin Garcia rushed for 137 yards and three touchdowns as The Citadel beat Charlotte 43-41 in triple overtime on Saturday in the 49ers' season opener, following a 1-hour and 15-minute delay due to severe weather.
Garcia scored on runs of 2 and 1 yards in regulation before breaking a 25-yard touchdown run on the Bulldogs' first overtime possession.
Nick Billoups added 38 yards and two touchdowns, and Sebastien Boyle had 70 yards and a score as the Bulldogs rushed for 268 yards and six touchdowns combined.
Charlotte tied the game at 28 with 24 seconds remaining after Cole Gonzales found Jaylen Hampton for a 6-yard touchdown.
Each team scored a touchdown in the first two overtimes, with Nick Billoups' 2-yard run pulling The Citadel even at 41 in the second. Both teams failed on their respective conversion attempts.
#citadel #billoups
Garcia scored on runs of 2 and 1 yards in regulation before breaking a 25-yard touchdown run on the Bulldogs' first overtime possession.
Nick Billoups added 38 yards and two touchdowns, and Sebastien Boyle had 70 yards and a score as the Bulldogs rushed for 268 yards and six touchdowns combined.
Charlotte tied the game at 28 with 24 seconds remaining after Cole Gonzales found Jaylen Hampton for a 6-yard touchdown.
Each team scored a touchdown in the first two overtimes, with Nick Billoups' 2-yard run pulling The Citadel even at 41 in the second. Both teams failed on their respective conversion attempts.
#citadel #billoups
28 days ago
College football game ends in bizarre tie after extreme heat stops overtime originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
College football delivered one of its strangest results Saturday, but the final score had nothing to do with a controversial penalty, replay review or missed call. Colorado School of Mines and Washburn finished in a 16-16 tie after dangerous heat conditions prevented the Division II programs from playing overtime in Topeka, Kansas.
The game was originally scheduled for noon CT before officials moved it to 7:05 p.m. It was later shifted again, this time to 9:05 a.m., in an effort to avoid the worst of a heat wave affecting the region. Even the early start was not enough.
The wet-bulb temperature exceeded the Mid-America Intercollegiate Athletics ****** ociation's safety protocols by the end of regulation, according to Yahoo Sports. The heat index had climbed to approximately 107 degrees. Because temperatures were not expected to return to an acceptable level for several hours, the schools agreed to end the game instead of waiting until the evening to play overtime.
Colorado School of Mines had an opportunity to avoid the unusual finish.
#overtime #sporting #originally
College football delivered one of its strangest results Saturday, but the final score had nothing to do with a controversial penalty, replay review or missed call. Colorado School of Mines and Washburn finished in a 16-16 tie after dangerous heat conditions prevented the Division II programs from playing overtime in Topeka, Kansas.
The game was originally scheduled for noon CT before officials moved it to 7:05 p.m. It was later shifted again, this time to 9:05 a.m., in an effort to avoid the worst of a heat wave affecting the region. Even the early start was not enough.
The wet-bulb temperature exceeded the Mid-America Intercollegiate Athletics ****** ociation's safety protocols by the end of regulation, according to Yahoo Sports. The heat index had climbed to approximately 107 degrees. Because temperatures were not expected to return to an acceptable level for several hours, the schools agreed to end the game instead of waiting until the evening to play overtime.
Colorado School of Mines had an opportunity to avoid the unusual finish.
#overtime #sporting #originally
28 days ago
Washington — A federal judge on Friday extended her block on the U.S. Postal Service's new requirements for mail voting, as states prepare to begin sending mail ballots to voters for the November midterm elections.
U.S. District Judge Indira Talwani issued a preliminary injunction barring the agency from enforcing the rules, which were finalized and published late last month, during the midterms. Talwani had temporarily blocked the measure on Aug. 26 and, following a hearing Thursday, agreed to grant a request for longer relief sought by two dozen Democratic-led states and voting rights groups.
In her 49-page decision, the judge said the Postal Service's new rules are likely unconstitutional and said states' difficulties with implementing the regulations so close to the November elections "nearly guarantee[s] significant disenfranchisement for eligible voters."
The judge also said the Postal Service likely exceeded its authority by moving ahead with the new requirements because "the Constitution reserves election regulation to Congress and the States, Congress has not authorized the USPS to make requirements of States before permitting use of the USPS for mailing their ballots, and ... the Final Rule impermissibly establishes a new category of nonmailable material."
"Unauthorized by the Elections Clause, the Final Rule clashes with Congress's statutory scheme, and is unconstitutional where it intrudes not only on Congress's Elections Clause powers but also that power left to the States," she wrote.
#november #congress
U.S. District Judge Indira Talwani issued a preliminary injunction barring the agency from enforcing the rules, which were finalized and published late last month, during the midterms. Talwani had temporarily blocked the measure on Aug. 26 and, following a hearing Thursday, agreed to grant a request for longer relief sought by two dozen Democratic-led states and voting rights groups.
In her 49-page decision, the judge said the Postal Service's new rules are likely unconstitutional and said states' difficulties with implementing the regulations so close to the November elections "nearly guarantee[s] significant disenfranchisement for eligible voters."
The judge also said the Postal Service likely exceeded its authority by moving ahead with the new requirements because "the Constitution reserves election regulation to Congress and the States, Congress has not authorized the USPS to make requirements of States before permitting use of the USPS for mailing their ballots, and ... the Final Rule impermissibly establishes a new category of nonmailable material."
"Unauthorized by the Elections Clause, the Final Rule clashes with Congress's statutory scheme, and is unconstitutional where it intrudes not only on Congress's Elections Clause powers but also that power left to the States," she wrote.
#november #congress
