15 days ago
According to reports in England, as relayed by SPORT, Manchester United youngster JJ Gabriel could decide his future before the end of this month as Real Madrid and FC Barcelona remain interested.
Despite attempts by the Premier League giants to convince the youngster and his family to continue at the club, his determination to leave remains firm.
The 16-year-old wonderkid has not trained with any of their teams since September. Instead, he has been working by himself in Spain, awaiting resolution over his future.
Now, as per the report, Gabriel will take a final call on which his next club will be before the end of October, with Real Madrid, Barça, and Bayern Munich all waiting to pounce.
As per the report, Los Blancos are understood to have already made their first move and are prepared to make a significant financial effort to secure the teenager's services.
#gabriel #report
Despite attempts by the Premier League giants to convince the youngster and his family to continue at the club, his determination to leave remains firm.
The 16-year-old wonderkid has not trained with any of their teams since September. Instead, he has been working by himself in Spain, awaiting resolution over his future.
Now, as per the report, Gabriel will take a final call on which his next club will be before the end of October, with Real Madrid, Barça, and Bayern Munich all waiting to pounce.
As per the report, Los Blancos are understood to have already made their first move and are prepared to make a significant financial effort to secure the teenager's services.
#gabriel #report
15 days ago
JJ Gabriel's future is moving closer to a resolution. The 16-year-old Manchester United prospect faces a decisive few days after having made it clear that he will leave the Premier League club.
Despite attempts by the Red Devils to convince the youngster and his family to stay at Old Trafford, his determination to leave remains firm.
Barcelona, Real Madrid and Bayern Munich are all monitoring developments closely, with the decision potentially triggering one of the most eye-catching moves in the youth transfer market.
According to reports in England, as relayed by SPORT, Manchester United have been unable to change the player's position.
Now, he is expected to make a decision on his next club before the end of October, with FC Barcelona, Real Madrid, and Bayern Munich lying in wait to move.
#manchester #leave #club
Despite attempts by the Red Devils to convince the youngster and his family to stay at Old Trafford, his determination to leave remains firm.
Barcelona, Real Madrid and Bayern Munich are all monitoring developments closely, with the decision potentially triggering one of the most eye-catching moves in the youth transfer market.
According to reports in England, as relayed by SPORT, Manchester United have been unable to change the player's position.
Now, he is expected to make a decision on his next club before the end of October, with FC Barcelona, Real Madrid, and Bayern Munich lying in wait to move.
#manchester #leave #club
1 month ago
On September 8, 2026, Reuters reported that Paramount Skydance Corporation (NASDAQ:PSKY) said California Attorney General Rob Bonta made television statements that contradict his own legal arguments against Paramount's request for a $1.88 billion bond in the ongoing court fight over its roughly $110 billion acquisition of Warner Bros. Discovery, Inc. (NASDAQ:WBD).
Bonta's office has argued the bond is unnecessary because Paramount voluntarily agreed to pause the deal's closing rather than wait for a court injunction. But Paramount described that same pause as equivalent to an injunction in media interviews, which it argues legally requires the states to post a bond under antitrust law. A hearing is scheduled for September 24.
Paramount Skydance Corporation (NASDAQ:PSKY) could protect a significant portion of its financial position if the court grants its $1.88 billion bond request. Paramount says the delay could cost it about $1.3 billion in fees to Warner Bros. Discovery shareholders by the time the case concludes in April 2027. A bond would give Paramount a potential path to recover those losses if it ultimately defeats the states' challenge. It reduces the financial damage from a prolonged legal process.
Warner Bros. Discovery, Inc. (NASDAQ:WBD) is receiving financial protection from the transaction's delay through Paramount's ticking fees. Paramount agreed to pay WBD shareholders approximately $7 million per day starting October 1 if the transaction does not close, creating a growing payment obligation for Paramount. It is also providing WBD shareholders with compensation for waiting. The arrangement gives WBD a financial benefit from the prolonged closing process even as the companies await a final legal resolution.
The legal dispute has not eliminated the strategic rationale for combining the two media companies. Paramount argues that the merger would strengthen the film and television industry and lead to more content while giving the combined company greater scale to compete with Netflix and Disney. For Paramount, completing the acquisition would speed up David Ellison's plan to build a larger media competitor. WBD shareholders would receive the transaction consideration rather than remain exposed to the company's standalone turnaround.
#paramount
Bonta's office has argued the bond is unnecessary because Paramount voluntarily agreed to pause the deal's closing rather than wait for a court injunction. But Paramount described that same pause as equivalent to an injunction in media interviews, which it argues legally requires the states to post a bond under antitrust law. A hearing is scheduled for September 24.
Paramount Skydance Corporation (NASDAQ:PSKY) could protect a significant portion of its financial position if the court grants its $1.88 billion bond request. Paramount says the delay could cost it about $1.3 billion in fees to Warner Bros. Discovery shareholders by the time the case concludes in April 2027. A bond would give Paramount a potential path to recover those losses if it ultimately defeats the states' challenge. It reduces the financial damage from a prolonged legal process.
Warner Bros. Discovery, Inc. (NASDAQ:WBD) is receiving financial protection from the transaction's delay through Paramount's ticking fees. Paramount agreed to pay WBD shareholders approximately $7 million per day starting October 1 if the transaction does not close, creating a growing payment obligation for Paramount. It is also providing WBD shareholders with compensation for waiting. The arrangement gives WBD a financial benefit from the prolonged closing process even as the companies await a final legal resolution.
The legal dispute has not eliminated the strategic rationale for combining the two media companies. Paramount argues that the merger would strengthen the film and television industry and lead to more content while giving the combined company greater scale to compete with Netflix and Disney. For Paramount, completing the acquisition would speed up David Ellison's plan to build a larger media competitor. WBD shareholders would receive the transaction consideration rather than remain exposed to the company's standalone turnaround.
#paramount
2 months ago
Rep. Thomas Massie (R-Ky.) argued Wednesday that House GOP leaders sent the lower chamber home early because they found other Republicans in support of his push to impeach Defense Secretary Pete Hegseth.
“The fact that they didn’t vote on it tells me that they did a whip check, and they probably found that there were some other Republicans, besides me, that were going to vote for this, or at least didn’t want to be on the record supporting Hegseth,” he told host Kaitlan Collins on CNN’s “The Source.”
The outgoing Kentucky libertarian, a frequent critic of President Trump, introduced eight articles of impeachment against Hegseth on Tuesday.
Massie accused Hegseth of violating his “oath to support and defend the Constitution of the United States,” citing his handling of the Iran war and operations to kill alleged drug traffickers in the Caribbean Sea and eastern Pacific Ocean.
The GOP lawmaker, who lost his primary in May to Trump-backed Ed Gallrein, also made his impeachment resolution privileged.
#hegseth #Trump #found #didn
“The fact that they didn’t vote on it tells me that they did a whip check, and they probably found that there were some other Republicans, besides me, that were going to vote for this, or at least didn’t want to be on the record supporting Hegseth,” he told host Kaitlan Collins on CNN’s “The Source.”
The outgoing Kentucky libertarian, a frequent critic of President Trump, introduced eight articles of impeachment against Hegseth on Tuesday.
Massie accused Hegseth of violating his “oath to support and defend the Constitution of the United States,” citing his handling of the Iran war and operations to kill alleged drug traffickers in the Caribbean Sea and eastern Pacific Ocean.
The GOP lawmaker, who lost his primary in May to Trump-backed Ed Gallrein, also made his impeachment resolution privileged.
#hegseth #Trump #found #didn
2 months ago
Steel and materials markets fluctuated between rallies and pullbacks as the US-Canada trade relationship shifted from near agreement to open dispute. Nucor Corporation (NYSE:NUE) and Cleveland-Cliffs Inc. (NYSE:CLF) rose on August 25, after discussions between the two countries broke down, a turnaround from the week before, when several of the same stocks fell on hopes that a new deal would decrease steel and aluminum tariffs. The VanEck Steel ETF gained 1.6% on the day, while the State Street Materials Select Sector SPDR reached an intraday high. The rise didn't last: by the end of the week, the materials ETF had slipped to negative territory, while the steel ETF was about flat, though, both remain substantially up for 2026.
The volatility traces a rapid escalation. On August 19, Bloomberg reported that the US and Canada had tentatively agreed to reduce tariffs on Canadian steel and aluminum to 25% and vehicle charges to 15%. That optimism was dashed within days: on August 22, the US imposed 50% tariffs on a wide variety of Canadian exports, and Canadian Prime Minister Mark Carney responded by declaring Canada officially "at war" with the United States, saying "You're at war when you're attacked, and we got attacked."
On August 25, Ottawa announced counter-tariffs of C$27.6 billion on American goods, which took effect on September 8 at rates ranging from 15% to 50%. The dispute has continued to escalate since then, with Washington announcing additional restrictions and tariffs on Canadian goods in September, reinforcing the view that a quick resolution remains unlikely.
Atsi Sheth, Moody's chief credit officer, put it bluntly: "Expect much more of this uncertainty for some time to come." Investors initially welcomed tariffs as good news for US steelmakers facing less Canadian competition, but the back-and-forth negotiations, as well as Canada's reaction, have made predicting a steady outcome difficult.
The more intriguing story is how differently the aforementioned companies are positioned. Nucor Corporation (NYSE:NUE) relies primarily on scrap-based electric arc furnace steelmaking, while Cleveland-Cliffs Inc. (NYSE:CLF) operates a vertically integrated model with internally sourced iron ore, scrap and other raw materials. Both have meaningful domestic raw-material exposure, although their production models differ substantially. Nucor Corporation (NYSE:NUE) is up more than 50% year-to-date, while Cleveland-Cliffs Inc. (NYSE:CLF), despite similar structural insulation, remains negative for 2026, which **** ysts attribute to balance sheet stress rather than tariffs.
#august #nucor #corporation #cleveland
The volatility traces a rapid escalation. On August 19, Bloomberg reported that the US and Canada had tentatively agreed to reduce tariffs on Canadian steel and aluminum to 25% and vehicle charges to 15%. That optimism was dashed within days: on August 22, the US imposed 50% tariffs on a wide variety of Canadian exports, and Canadian Prime Minister Mark Carney responded by declaring Canada officially "at war" with the United States, saying "You're at war when you're attacked, and we got attacked."
On August 25, Ottawa announced counter-tariffs of C$27.6 billion on American goods, which took effect on September 8 at rates ranging from 15% to 50%. The dispute has continued to escalate since then, with Washington announcing additional restrictions and tariffs on Canadian goods in September, reinforcing the view that a quick resolution remains unlikely.
Atsi Sheth, Moody's chief credit officer, put it bluntly: "Expect much more of this uncertainty for some time to come." Investors initially welcomed tariffs as good news for US steelmakers facing less Canadian competition, but the back-and-forth negotiations, as well as Canada's reaction, have made predicting a steady outcome difficult.
The more intriguing story is how differently the aforementioned companies are positioned. Nucor Corporation (NYSE:NUE) relies primarily on scrap-based electric arc furnace steelmaking, while Cleveland-Cliffs Inc. (NYSE:CLF) operates a vertically integrated model with internally sourced iron ore, scrap and other raw materials. Both have meaningful domestic raw-material exposure, although their production models differ substantially. Nucor Corporation (NYSE:NUE) is up more than 50% year-to-date, while Cleveland-Cliffs Inc. (NYSE:CLF), despite similar structural insulation, remains negative for 2026, which **** ysts attribute to balance sheet stress rather than tariffs.
#august #nucor #corporation #cleveland
2 months ago
The Republican speaker of the House, Mike Johnson, announced on Wednesday that he would again cancel votes scheduled for Thursday, sending lawmakers home one day early ahead of the midterm election recess.
The latest change to the legislative schedule means House members will avoid voting on Republican Thomas Massie's resolution to impeach the defense secretary, Pete Hegseth, and comes amid a frenzied attempt to propose legislation on artificial intelligence.
It's the latest round of cancellations at the hands of Johnson, who had already cut the pre-election session short by two weeks. Democrats have reacted angrily, encouraging Johnson to keep lawmakers on Capitol Hill before the midterm recess beginning on Friday.
Related: More Republicans are turning on Iran war as midterms come into view
"I think it shows the cowardice of the Republican party. They are canceling votes to do business for the American people because they are afraid that that impeachment resolution of Pete Hegseth would pass on a bipartisan basis," the Democratic representative Pramila Jayapal told MediasTouch.
#votes #election
The latest change to the legislative schedule means House members will avoid voting on Republican Thomas Massie's resolution to impeach the defense secretary, Pete Hegseth, and comes amid a frenzied attempt to propose legislation on artificial intelligence.
It's the latest round of cancellations at the hands of Johnson, who had already cut the pre-election session short by two weeks. Democrats have reacted angrily, encouraging Johnson to keep lawmakers on Capitol Hill before the midterm recess beginning on Friday.
Related: More Republicans are turning on Iran war as midterms come into view
"I think it shows the cowardice of the Republican party. They are canceling votes to do business for the American people because they are afraid that that impeachment resolution of Pete Hegseth would pass on a bipartisan basis," the Democratic representative Pramila Jayapal told MediasTouch.
#votes #election
2 months ago
The trade sending Kawhi Leonard back to Toronto is finally going forward, with the Raptors and Los Angeles Clippers agreeing to complete the deal that was agreed to earlier this summer, a person with knowledge of the negotiations said Monday.
The deal will be the same as what was agreed to 2 1/2 months ago: Leonard returns to the Raptors, with the Clippers getting Brandon Ingram, Gradey ******* , two first-round draft picks, two second-round picks and a pick swap, said the person who spoke to The ******* ociated Press on condition of anonymity because the trade had not received the required league approval.
It's a huge move for Toronto, which won the 2019 NBA ******* le with Leonard leading the way and is expecting to contend in the Eastern Conference. But the sides put the agreement on hold in early July pending any resolution of NBA's investigation into whether the Clippers circumvented salary cap rules with regard to Leonard's compensation.
The NBA hit the Clippers earlier this month with massive penalties as a result of that probe, suspending owner Steve Ballmer for one year, fining the team $30 million and forcing it to forfeit five first-round draft picks, among other sanctions.
Leonard, a two-time NBA Finals MVP, was hit with a $700,000 penalty as a result of that investigation. But he was not suspended and his contract was not voided, and the Raptors evidently are now certain that his status will not be affected.
#clippers #raptors #picks #deal
The deal will be the same as what was agreed to 2 1/2 months ago: Leonard returns to the Raptors, with the Clippers getting Brandon Ingram, Gradey ******* , two first-round draft picks, two second-round picks and a pick swap, said the person who spoke to The ******* ociated Press on condition of anonymity because the trade had not received the required league approval.
It's a huge move for Toronto, which won the 2019 NBA ******* le with Leonard leading the way and is expecting to contend in the Eastern Conference. But the sides put the agreement on hold in early July pending any resolution of NBA's investigation into whether the Clippers circumvented salary cap rules with regard to Leonard's compensation.
The NBA hit the Clippers earlier this month with massive penalties as a result of that probe, suspending owner Steve Ballmer for one year, fining the team $30 million and forcing it to forfeit five first-round draft picks, among other sanctions.
Leonard, a two-time NBA Finals MVP, was hit with a $700,000 penalty as a result of that investigation. But he was not suspended and his contract was not voided, and the Raptors evidently are now certain that his status will not be affected.
#clippers #raptors #picks #deal
2 months ago
On September 10, IBEX Limited (NASDAQ:IBEX) held its fourth-quarter and full fiscal year 2026 earnings call, and the numbers backed up a message management has been building toward for months. The company posted record full-year revenue, adjusted EBITDA, and free cash flow, all while pitching itself as a business that has flipped the AI narrative in its favor rather than becoming its next casualty. For a sector that has spent the last two years bracing for automation to gut it, that is a notable claim to back with actual client wins.
Full-year revenue hit $644.1 million, up 15.4% organically, and fourth-quarter revenue reached $164.3 million, up 11.6% from a year earlier. That marked the sixth straight quarter of double-digit growth, a streak that suggests the momentum is not a one-off. HealthTech led the charge, climbing 38.5% to $114 million for the year and blowing past the $100 million target management had set for the segment, driven largely by demand from large insurance payers. Technology grew 27.4% in the quarter, while travel and logistics added 17.8%, helped by a new AI agent partnership with Philippine Airlines.
That Philippine Airlines deal is the clearest evidence that IBEX's Sierra AI partnership, formalized in January and announced publicly in May, is more than a slide in an investor deck. During the proof of concept, the AI agent handled interactions in English, Tagalog, and Taglish, hit resolution rates above 20%, and scored a 4.7 out of 5.0 on customer satisfaction, on par with human agents. A separate deployment for BJ's Wholesale pushed resolution rates above 40% and matched that same satisfaction score, beating the marks the client's prior BPO vendor had put up with human agents alone. The company added 17 new trophy logo clients across the year, and its top five clients now make up 33% of revenue, down from 36%, a sign the business is not leaning on a shrinking handful of accounts to carry it.
Not every line moved in the right direction. Fourth quarter GAAP net income slipped to $8.7 million from $9.6 million a year earlier, and diluted EPS fell to $0.59 from $0.66. Management pointed to training costs tied to all those new client wins, a temporary hit from shifting work out of nearshore centers into offshore ones, and higher fuel prices hitting utility and transportation costs, particularly offshore. Adjusted EBITDA margin for the quarter slipped to 12.3% from 13.9%, the same set of pressures showing up in the profitability line rather than just net income.
#revenue #fourth
Full-year revenue hit $644.1 million, up 15.4% organically, and fourth-quarter revenue reached $164.3 million, up 11.6% from a year earlier. That marked the sixth straight quarter of double-digit growth, a streak that suggests the momentum is not a one-off. HealthTech led the charge, climbing 38.5% to $114 million for the year and blowing past the $100 million target management had set for the segment, driven largely by demand from large insurance payers. Technology grew 27.4% in the quarter, while travel and logistics added 17.8%, helped by a new AI agent partnership with Philippine Airlines.
That Philippine Airlines deal is the clearest evidence that IBEX's Sierra AI partnership, formalized in January and announced publicly in May, is more than a slide in an investor deck. During the proof of concept, the AI agent handled interactions in English, Tagalog, and Taglish, hit resolution rates above 20%, and scored a 4.7 out of 5.0 on customer satisfaction, on par with human agents. A separate deployment for BJ's Wholesale pushed resolution rates above 40% and matched that same satisfaction score, beating the marks the client's prior BPO vendor had put up with human agents alone. The company added 17 new trophy logo clients across the year, and its top five clients now make up 33% of revenue, down from 36%, a sign the business is not leaning on a shrinking handful of accounts to carry it.
Not every line moved in the right direction. Fourth quarter GAAP net income slipped to $8.7 million from $9.6 million a year earlier, and diluted EPS fell to $0.59 from $0.66. Management pointed to training costs tied to all those new client wins, a temporary hit from shifting work out of nearshore centers into offshore ones, and higher fuel prices hitting utility and transportation costs, particularly offshore. Adjusted EBITDA margin for the quarter slipped to 12.3% from 13.9%, the same set of pressures showing up in the profitability line rather than just net income.
#revenue #fourth
2 months ago
The Cooper Companies Inc. (NASDAQ:COO), a leading medical device company, announced its third quarter fiscal 2026 results on September 9. Topline went up 1% to $1.066 billion in comparison with the same quarter last year, which also included 1% organic growth. The company posted quarterly adjusted diluted EPS of $1.15, which represented a 4% jump from Q3 FY25. During the quarter, $339.1 million was spent on repurchasing around 4.9 million of the company's common shares. This leaves management with $1.5 billion of repurchase capacity, which remains available after the Board had raised its buyback authorization from $2 billion to $3 billion.
The quarter featured several encouraging highlights. These include earnings that exceeded projections, notable growth across the fertility segment within CooperSurgical, record free cash flow generation, and a major tax resolution in the company's favor.
GAAP gross margin went up from 65% in Q3 FY25 to 67% during the recent quarter, largely reflecting the comparison against fiscal 2025 inventory write-downs tied to a CooperSurgical product line exit. Adjusted operating margin improved by 30 basis points to 26%, supported by cost discipline and productivity gains, though partly offset by currency headwinds.
Interest expense fell to $21.5 million from $25.4 million a year prior, reflecting lower rates and reduced average debt. Free cash flow surged 66% to $273.0 million, driven by $341.7 million in operating cash flow less $68.7 million in capital spending.
Due to unfavorable currency movements and rising manufacturing costs, the Q3 gross margin settled at 67% on adjusted basis. This was a 60 basis point drop from Q3 FY25. Certain areas of the business grant caution, such as the CooperVision segment. It generated flat organic growth amid notable weakness across the Asia Pacific and Americas regions.
#billion #cash
The quarter featured several encouraging highlights. These include earnings that exceeded projections, notable growth across the fertility segment within CooperSurgical, record free cash flow generation, and a major tax resolution in the company's favor.
GAAP gross margin went up from 65% in Q3 FY25 to 67% during the recent quarter, largely reflecting the comparison against fiscal 2025 inventory write-downs tied to a CooperSurgical product line exit. Adjusted operating margin improved by 30 basis points to 26%, supported by cost discipline and productivity gains, though partly offset by currency headwinds.
Interest expense fell to $21.5 million from $25.4 million a year prior, reflecting lower rates and reduced average debt. Free cash flow surged 66% to $273.0 million, driven by $341.7 million in operating cash flow less $68.7 million in capital spending.
Due to unfavorable currency movements and rising manufacturing costs, the Q3 gross margin settled at 67% on adjusted basis. This was a 60 basis point drop from Q3 FY25. Certain areas of the business grant caution, such as the CooperVision segment. It generated flat organic growth amid notable weakness across the Asia Pacific and Americas regions.
#billion #cash
2 months ago
Pennsylvania state Rep. David Maloney, a Republican, is asking President Donald Trump to rename Lake Erie to "Lake Pennsylvania" following similar renaming efforts by the president.
Maloney is preparing a resolution calling on Trump, Interior Secretary Doug Burgum and lawmakers on Capitol Hill to take steps to rename Lake Erie to "Lake Pennsylvania," arguing that the change is needed to reflect the lake's modern identity.
"This is Pennsylvania's only Great Lake. Its modern economy and identity are increasingly tied to the boaters, anglers, families and tourists who come to enjoy it," Maloney said in a statement. "Ohio has plenty of shoreline. New York already has two Great Lakes. Canada has four others."
New York Gov Hochul Rejects Trump's 'Lake America' Renaming With Blunt Message
Pennsylvania state Rep. David Maloney, a Republican, is asking President Donald Trump to rename Lake Erie to "Lake Pennsylvania."
#republican
Maloney is preparing a resolution calling on Trump, Interior Secretary Doug Burgum and lawmakers on Capitol Hill to take steps to rename Lake Erie to "Lake Pennsylvania," arguing that the change is needed to reflect the lake's modern identity.
"This is Pennsylvania's only Great Lake. Its modern economy and identity are increasingly tied to the boaters, anglers, families and tourists who come to enjoy it," Maloney said in a statement. "Ohio has plenty of shoreline. New York already has two Great Lakes. Canada has four others."
New York Gov Hochul Rejects Trump's 'Lake America' Renaming With Blunt Message
Pennsylvania state Rep. David Maloney, a Republican, is asking President Donald Trump to rename Lake Erie to "Lake Pennsylvania."
#republican
2 months ago
Deutsche Bank Aktiengesellschaft (NYSE:DB) said on September 7 that it had settled a Frankfurt lawsuit brought by former banker Dario Schiraldi, according to Reuters. He had sought €152 million in damages, but the settlement amount was not disclosed. The bank said the agreement would have only a small financial effect on third-quarter earnings.
The distinction matters: €152 million was the claim, while the payment remains confidential. The earnings impact also does not establish the cash cost, because a settlement payment may discharge a liability for which an expense was recognized earlier.
Four former employees continue to pursue claims exceeding £600 million in London. The Frankfurt agreement therefore reduces the number of unresolved cases without establishing the cost of resolving the wider dispute.
Deutsche Bank Aktiengesellschaft (NYSE:DB) has removed one source of litigation uncertainty. The Frankfurt court confirmed that Schiraldi withdrew his case ahead of the scheduled hearing. Investors now have management's ***** sment of a limited near-term earnings effect instead of an unresolved damages demand.
The agreement also shows that negotiated resolutions are possible. It was the second settlement involving the six former employees who brought related claims. Further agreements could reduce litigation costs and management distraction if acceptable terms can be reached.
#million
The distinction matters: €152 million was the claim, while the payment remains confidential. The earnings impact also does not establish the cash cost, because a settlement payment may discharge a liability for which an expense was recognized earlier.
Four former employees continue to pursue claims exceeding £600 million in London. The Frankfurt agreement therefore reduces the number of unresolved cases without establishing the cost of resolving the wider dispute.
Deutsche Bank Aktiengesellschaft (NYSE:DB) has removed one source of litigation uncertainty. The Frankfurt court confirmed that Schiraldi withdrew his case ahead of the scheduled hearing. Investors now have management's ***** sment of a limited near-term earnings effect instead of an unresolved damages demand.
The agreement also shows that negotiated resolutions are possible. It was the second settlement involving the six former employees who brought related claims. Further agreements could reduce litigation costs and management distraction if acceptable terms can be reached.
#million
2 months ago
The SEC says that it's looking for an "appropriate resolution" after its presidents and chancellors met on Thursday following the drama surrounding LSU's pursuit of players who had signed NFL contracts.
The meeting was held a day after a hearing in the conference's suit against LSU and coach Lane Kiffin was continued. That continuance came after LSU filled its final two roster spots on Tuesday evening and left no ****** e to add former Ole Miss DT Zxavian Harris and ex-Rebels TE Dae'Quan Wright to the roster in 2026.
The two players had signed contracts with NFL teams but were cut during the preseason. They were eligible to return for a fifth season of college football after a Louisiana judge ruled that they should be granted an extra year following the NCAA's decision to give all college athletes in the class of 2023 and younger five years to play five seasons.
"The presidents and chancellors of the Southeastern Conference met Thursday by videoconference to discuss recent matters involving conference expectations and responsibilities," the SEC's brief statement said. "Those discussions will continue as the conference and its member universities work toward an appropriate resolution."
At one point, the Thursday meeting was slated to discuss the possibility of expelling LSU from the conference. As LSU had looked to sign both Harris and Wright, the conference made a rule that no player who had signed an NFL, NBA or WNBA contract could play for a member school.
#thursday #signed #harris #chancellors
The meeting was held a day after a hearing in the conference's suit against LSU and coach Lane Kiffin was continued. That continuance came after LSU filled its final two roster spots on Tuesday evening and left no ****** e to add former Ole Miss DT Zxavian Harris and ex-Rebels TE Dae'Quan Wright to the roster in 2026.
The two players had signed contracts with NFL teams but were cut during the preseason. They were eligible to return for a fifth season of college football after a Louisiana judge ruled that they should be granted an extra year following the NCAA's decision to give all college athletes in the class of 2023 and younger five years to play five seasons.
"The presidents and chancellors of the Southeastern Conference met Thursday by videoconference to discuss recent matters involving conference expectations and responsibilities," the SEC's brief statement said. "Those discussions will continue as the conference and its member universities work toward an appropriate resolution."
At one point, the Thursday meeting was slated to discuss the possibility of expelling LSU from the conference. As LSU had looked to sign both Harris and Wright, the conference made a rule that no player who had signed an NFL, NBA or WNBA contract could play for a member school.
#thursday #signed #harris #chancellors
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2 months ago
Brent crude traded close to $100 a barrel on Wednesday, reaching levels last seen in July as markets ****** sed further military activity in the Middle East and its potential impact on regional oil supplies.
At 0614 GMT, Brent crude futures were up 1.3% at $99.22 a barrel, while U.S. West Texas Intermediate crude gained 1.2% to $94.13 a barrel.
Brent has risen approximately 25% since early August as fighting in the six-month conflict resumed and expectations for a permanent resolution diminished.
The conflict escalated on Tuesday as Iranian-backed Houthi forces in Yemen carried out strikes against several Saudi Arabian cities.
U.S. forces also struck multiple Iranian oil tankers, while Iran targeted a U.S. base in Jordan and attacked vessels.
#iranian #forces #east
At 0614 GMT, Brent crude futures were up 1.3% at $99.22 a barrel, while U.S. West Texas Intermediate crude gained 1.2% to $94.13 a barrel.
Brent has risen approximately 25% since early August as fighting in the six-month conflict resumed and expectations for a permanent resolution diminished.
The conflict escalated on Tuesday as Iranian-backed Houthi forces in Yemen carried out strikes against several Saudi Arabian cities.
U.S. forces also struck multiple Iranian oil tankers, while Iran targeted a U.S. base in Jordan and attacked vessels.
#iranian #forces #east
0.00$ raised of 0.00$ goal
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2 months ago
CNBC reported that Paramount Skydance Corporation (NASDAQ:PSKY) CEO David Ellison has cleared regulatory approval in 68 jurisdictions for his $110 billion bid to acquire Warner Bros. Discovery, Inc. (NASDAQ:WBD), but a lawsuit from 12 state attorneys general remains the final obstacle.
California Attorney General Rob Bonta, who leads the states' case, canceled a planned settlement meeting with Ellison, noting a "lack of good faith." Paramount said it remains "hopeful" and denied being the source of leaks about the talks. Media veteran Tom Rogers said California's home constituency is "overwhelmingly against the transaction," reducing the state's incentive to settle. Paramount faces a ticking fee that could reach roughly $650 million per quarter starting September 30 and asked a court to force the states to post a $1.88 billion bond.
The deal already holds broad global regulatory approval, which strengthens Paramount Skydance Corporation (NASDAQ:PSKY)'s position in the remaining state dispute. With clearance from roughly 68 jurisdictions worldwide, the state antitrust lawsuits represent the main remaining obstacle rather than a broad regulatory challenge. This gives Paramount a strong basis to argue that the transaction has already withstood extensive regulatory scrutiny.
For Warner Bros. Discovery, Inc. (NASDAQ:WBD) shareholders, California Governor Gavin Newsom is sending a clear signal that he prefers a settlement over a prolonged court battle. If Paramount can satisfy California and the other states, WBD shareholders can finally receive the agreed payment instead of remaining stuck in legal limbo. That makes a negotiated resolution potentially attractive to shareholders who have faced prolonged uncertainty around the transaction.
Paramount has also shown flexibility rather than simply defending the deal's original terms. The company has acknowledged that it is considering structural changes to settle the lawsuits. It shows management is willing to make concessions to get the transaction completed. That flexibility could improve the chances of reaching a settlement without requiring the companies to wait for a lengthy court process.
#paramount #NASDAQ #california #states
California Attorney General Rob Bonta, who leads the states' case, canceled a planned settlement meeting with Ellison, noting a "lack of good faith." Paramount said it remains "hopeful" and denied being the source of leaks about the talks. Media veteran Tom Rogers said California's home constituency is "overwhelmingly against the transaction," reducing the state's incentive to settle. Paramount faces a ticking fee that could reach roughly $650 million per quarter starting September 30 and asked a court to force the states to post a $1.88 billion bond.
The deal already holds broad global regulatory approval, which strengthens Paramount Skydance Corporation (NASDAQ:PSKY)'s position in the remaining state dispute. With clearance from roughly 68 jurisdictions worldwide, the state antitrust lawsuits represent the main remaining obstacle rather than a broad regulatory challenge. This gives Paramount a strong basis to argue that the transaction has already withstood extensive regulatory scrutiny.
For Warner Bros. Discovery, Inc. (NASDAQ:WBD) shareholders, California Governor Gavin Newsom is sending a clear signal that he prefers a settlement over a prolonged court battle. If Paramount can satisfy California and the other states, WBD shareholders can finally receive the agreed payment instead of remaining stuck in legal limbo. That makes a negotiated resolution potentially attractive to shareholders who have faced prolonged uncertainty around the transaction.
Paramount has also shown flexibility rather than simply defending the deal's original terms. The company has acknowledged that it is considering structural changes to settle the lawsuits. It shows management is willing to make concessions to get the transaction completed. That flexibility could improve the chances of reaching a settlement without requiring the companies to wait for a lengthy court process.
#paramount #NASDAQ #california #states
2 months ago
BERLIN -- Every game boils down to moments.
As the United States faced Italy in the 2026 FIBA Women's World Cup, every second required a response, and for Italy's Cecilia Zandalasini, history came down to one moment.
In the final seconds, U.S. defender Jackie Young closed in on Zandalasini, raising her left hand. Zandalasini recoiled with the ball still in her hand, seemingly affected by Young's reach. But time did not stop, no whistle was blown, and Zandalasini had one more shot; one more moment. She found herself just beyond the arc, and still affected by Young's intrusion, she threw up a shot that could have made history, but it only found glass as the buzzer sounded and the U.S. escaped with a 55-52 victory.
Buy Fever tickets
In frustration, Zandalasini turned and strutted to the nearest official, yanking her jersey down in anger. Italy's coach Andrea Capobianco seemed to be the only one to calm her, as his hands cupped the sides of her face in an act of resolution.
#affected
As the United States faced Italy in the 2026 FIBA Women's World Cup, every second required a response, and for Italy's Cecilia Zandalasini, history came down to one moment.
In the final seconds, U.S. defender Jackie Young closed in on Zandalasini, raising her left hand. Zandalasini recoiled with the ball still in her hand, seemingly affected by Young's reach. But time did not stop, no whistle was blown, and Zandalasini had one more shot; one more moment. She found herself just beyond the arc, and still affected by Young's intrusion, she threw up a shot that could have made history, but it only found glass as the buzzer sounded and the U.S. escaped with a 55-52 victory.
Buy Fever tickets
In frustration, Zandalasini turned and strutted to the nearest official, yanking her jersey down in anger. Italy's coach Andrea Capobianco seemed to be the only one to calm her, as his hands cupped the sides of her face in an act of resolution.
#affected
2 months ago
The New England Patriots are still trying to find a resolution to Christian Gonzalez's contract situation before the NFL season begins, and head coach Mike Vrabel is making it clear that he wants to help get a deal done.
However, Vrabel also understands that there is a line he cannot cross when it comes to negotiations between the Patriots and their star cornerback. With the regular season opener against the Seattle Seahawks just days away, the situation has become increasingly important for New England.
MORE: Previewing all 16 NFC teams & predicting every record in 2026
Aug 22, 2026; Foxborough, Massachusetts, USA; New England Patriots head coach Mike Vrabel in the second quarter against the Philadelphia Eagles at Gillette Stadium. Mandatory Credit: Edward Finan-Imagn Images Credit: IMAGN IMAGES via Reuters Connect (Reuters)
Vrabel was asked Saturday whether he would give his input to the Patriots' front office or "go to bat" for Gonzalez during the contract negotiations.
#vrabel
However, Vrabel also understands that there is a line he cannot cross when it comes to negotiations between the Patriots and their star cornerback. With the regular season opener against the Seattle Seahawks just days away, the situation has become increasingly important for New England.
MORE: Previewing all 16 NFC teams & predicting every record in 2026
Aug 22, 2026; Foxborough, Massachusetts, USA; New England Patriots head coach Mike Vrabel in the second quarter against the Philadelphia Eagles at Gillette Stadium. Mandatory Credit: Edward Finan-Imagn Images Credit: IMAGN IMAGES via Reuters Connect (Reuters)
Vrabel was asked Saturday whether he would give his input to the Patriots' front office or "go to bat" for Gonzalez during the contract negotiations.
#vrabel
2 months ago
The United Nations General ***** embly on Friday endorsed a new world map that represents Africa more accurately in its larger size, a culmination of a recent campaign led by African countries and advocacy groups.
Friday's resolution, which was sponsored by Togo and backed by members of the African Union, was passed with 164 member states voting in favor. Only the U.S. voted against it while six other countries — Serbia, Estonia, Georgia, Lithuania, Moldova and Ukraine — abstained.
The vote encourages governments and institutions around the world to replace the traditional Mercator map, commonly used since the 16th Century, with the Equal Earth projection that advocates and geographers say shows locations more accurately.
The Mercator projection shows Greenland and Africa as appearing to be about the same size whereas in the Equal Earth projection that shows continents in their true proportions, Africa is 14 times larger than Greenland.
Friday's resolution does not ban the Mercator projection or impose a replacement, but only encourages the use of the Equal Earth projection, the U.N. said in its report.
#equal #african #World
Friday's resolution, which was sponsored by Togo and backed by members of the African Union, was passed with 164 member states voting in favor. Only the U.S. voted against it while six other countries — Serbia, Estonia, Georgia, Lithuania, Moldova and Ukraine — abstained.
The vote encourages governments and institutions around the world to replace the traditional Mercator map, commonly used since the 16th Century, with the Equal Earth projection that advocates and geographers say shows locations more accurately.
The Mercator projection shows Greenland and Africa as appearing to be about the same size whereas in the Equal Earth projection that shows continents in their true proportions, Africa is 14 times larger than Greenland.
Friday's resolution does not ban the Mercator projection or impose a replacement, but only encourages the use of the Equal Earth projection, the U.N. said in its report.
#equal #african #World
2 months ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Performance was driven by a recovery in U.S. e-commerce following the resolution of warehouse management system (WMS) issues that had previously disrupted shipments.
Management prioritized high-margin sales and brand integrity over promotional volume in third-party marketplaces, resulting in a 500 basis point gross margin improvement despite lower revenue.
New customer acquisition was fueled by 'iconic' franchises, specifically totes and swim, which served as entry points for younger demographics and new-to-brand shoppers.
The Europe business pivoted toward a 'franchise-first' ******* ortment to simplify operations and improve product margins, resulting in flat revenue but enhanced profitability.
#Margin #brand #performance #Europe
Performance was driven by a recovery in U.S. e-commerce following the resolution of warehouse management system (WMS) issues that had previously disrupted shipments.
Management prioritized high-margin sales and brand integrity over promotional volume in third-party marketplaces, resulting in a 500 basis point gross margin improvement despite lower revenue.
New customer acquisition was fueled by 'iconic' franchises, specifically totes and swim, which served as entry points for younger demographics and new-to-brand shoppers.
The Europe business pivoted toward a 'franchise-first' ******* ortment to simplify operations and improve product margins, resulting in flat revenue but enhanced profitability.
#Margin #brand #performance #Europe
2 months ago
On August 18, Himax Technologies (NASDAQ:HIMX) said its WiseEye palm vein biometric technology now powers the WAFERLOCK L322, a smart lock built by Taiwan-based WAFERLOCK Corporation that just went on sale. Instead of scanning a fingerprint or a face, the lock reads the vein pattern under a user's palm, a method Himax says still works when hands are wet, dirty, or full of groceries. The announcement lands less than two weeks after Himax posted a second quarter that beat its own guidance on revenue, margin, and profit, giving the palm vein rollout a stronger financial backdrop than it might otherwise have had.
The WAFERLOCK deal shows what Himax has been building toward with WiseEye, an ultralow-power AI platform that pairs an image sensor and processor to capture, match, and verify a palm vein image directly on the device, without sending anything to the cloud. That matters for a smart lock, where sending biometric data offsite would be a hard sell to homeowners. The L322 pairs palm vein recognition with RFID cards, PIN codes, mechanical keys, and compatibility with EasyCard, iPASS, and MIFARE, so the biometric layer sits on top of access methods people already use.
Himax said the underlying palm vein modules earned TÜV Rheinland verification during the quarter, validating their recognition accuracy, response speed, and liveness detection, and that the technology also complies with GDPR, one of the world's strictest privacy standards. Design-in activity is already spreading beyond locks into workforce management, computer monitors, and smart office equipment.
Automotive remains the larger story sitting underneath it. Automotive display drivers, timing controllers, and touch controllers made up well over half of Himax's revenue in the quarter ended June 30, and the company expects full-year 2026 automotive IC sales to grow by double digits from a year earlier as automakers pack more, larger, and higher-resolution screens into vehicle interiors.
Alongside that base, Himax pointed to two newer bets: a leading global brand launched smart glasses powered by WiseEye during the quarter, and the company's co-packaged optics products entered engineering production ramps in the third quarter, with 2027 shipments expected to significantly exceed 2026. Neither business moves the revenue needle yet, but together they give Himax more than one lever to pull.
#himax #wiseeye #waferlock #lock
The WAFERLOCK deal shows what Himax has been building toward with WiseEye, an ultralow-power AI platform that pairs an image sensor and processor to capture, match, and verify a palm vein image directly on the device, without sending anything to the cloud. That matters for a smart lock, where sending biometric data offsite would be a hard sell to homeowners. The L322 pairs palm vein recognition with RFID cards, PIN codes, mechanical keys, and compatibility with EasyCard, iPASS, and MIFARE, so the biometric layer sits on top of access methods people already use.
Himax said the underlying palm vein modules earned TÜV Rheinland verification during the quarter, validating their recognition accuracy, response speed, and liveness detection, and that the technology also complies with GDPR, one of the world's strictest privacy standards. Design-in activity is already spreading beyond locks into workforce management, computer monitors, and smart office equipment.
Automotive remains the larger story sitting underneath it. Automotive display drivers, timing controllers, and touch controllers made up well over half of Himax's revenue in the quarter ended June 30, and the company expects full-year 2026 automotive IC sales to grow by double digits from a year earlier as automakers pack more, larger, and higher-resolution screens into vehicle interiors.
Alongside that base, Himax pointed to two newer bets: a leading global brand launched smart glasses powered by WiseEye during the quarter, and the company's co-packaged optics products entered engineering production ramps in the third quarter, with 2027 shipments expected to significantly exceed 2026. Neither business moves the revenue needle yet, but together they give Himax more than one lever to pull.
#himax #wiseeye #waferlock #lock
2 months ago
On August 13, Kodiak Sciences Inc. (NASDAQ:KOD) reported second-quarter financial results for the period ended June 30, alongside an update on its three late-stage eye disease programs. The clinical-stage biotech told investors it now sits within months of three separate Phase 3 readouts, a stretch CEO Victor Perlroth called the payoff of years of disciplined execution. For a company with no approved products and a widening cash burn, those trial results are about to decide a lot.
Kodiak's near-term story rests on Zenkuda and KSI-501, both being tested in the Phase 3 DAYBREAK study for treatment-naive wet age-related macular degeneration, with one-year primary endpoint topline data due in September 2026. Zenkuda already has four completed Phase 3 studies behind it. In GLOW1 and GLOW2, every patient remained on extended six-month dosing at one year, and in BEACON, nearly half of Zenkuda patients needed no further treatment in the second six months while matching aflibercept on vision and anatomical outcomes. That durability comes from a mean ocular half-life of 20 days, roughly three times longer than approved anti-VEGF drugs.
Behind DAYBREAK sits PEAK, evaluating KSI-101 in macular edema secondary to inflammation, where Kodiak finished enrolling the first 300-patient cohort during the quarter and expects Pivotal ***** ysis 1 data in December 2026. Earlier Phase 1b data showed more than half of MESI patients gaining at least 15 letters of vision, with over 90% resolution of retinal fluid by week eight. Kodiak also began enrolling patients in the roughly 910-patient ALTO study testing KSI-501 against aflibercept in diabetic macular edema, its second registrational trial for that molecule. Zenkuda and KSI-501 together are aimed at a $15 billion anti-VEGF market.
None of that comes cheap. Kodiak's net loss widened to $65.6 million in the second quarter of 2026, or $1.05 per share, up from $54.3 million and $1.03 per share a year earlier. R&D spending jumped to $56.1 million from $42.8 million, as the company ramped up clinical activity across PEAK and PINNACLE and stepped up manufacturing for its Phase 3 programs. General and administrative costs eased slightly to $10.8 million from $12.8 million, but that was not enough to offset the R&D increase.
Kodiak ended the quarter with $125.9 million in cash and equivalents, which management says covers operations into 2027, but working capital fell from $169.3 million at the end of 2025 to $78.6 million by June 30, and stockholders' equity dropped from $157.4 million to $61.1 million over the same stretch. With three separate trials due to report between September and December, any delay or disappointing result would hit a balance sheet that already has less room to absorb it.
#data
Kodiak's near-term story rests on Zenkuda and KSI-501, both being tested in the Phase 3 DAYBREAK study for treatment-naive wet age-related macular degeneration, with one-year primary endpoint topline data due in September 2026. Zenkuda already has four completed Phase 3 studies behind it. In GLOW1 and GLOW2, every patient remained on extended six-month dosing at one year, and in BEACON, nearly half of Zenkuda patients needed no further treatment in the second six months while matching aflibercept on vision and anatomical outcomes. That durability comes from a mean ocular half-life of 20 days, roughly three times longer than approved anti-VEGF drugs.
Behind DAYBREAK sits PEAK, evaluating KSI-101 in macular edema secondary to inflammation, where Kodiak finished enrolling the first 300-patient cohort during the quarter and expects Pivotal ***** ysis 1 data in December 2026. Earlier Phase 1b data showed more than half of MESI patients gaining at least 15 letters of vision, with over 90% resolution of retinal fluid by week eight. Kodiak also began enrolling patients in the roughly 910-patient ALTO study testing KSI-501 against aflibercept in diabetic macular edema, its second registrational trial for that molecule. Zenkuda and KSI-501 together are aimed at a $15 billion anti-VEGF market.
None of that comes cheap. Kodiak's net loss widened to $65.6 million in the second quarter of 2026, or $1.05 per share, up from $54.3 million and $1.03 per share a year earlier. R&D spending jumped to $56.1 million from $42.8 million, as the company ramped up clinical activity across PEAK and PINNACLE and stepped up manufacturing for its Phase 3 programs. General and administrative costs eased slightly to $10.8 million from $12.8 million, but that was not enough to offset the R&D increase.
Kodiak ended the quarter with $125.9 million in cash and equivalents, which management says covers operations into 2027, but working capital fell from $169.3 million at the end of 2025 to $78.6 million by June 30, and stockholders' equity dropped from $157.4 million to $61.1 million over the same stretch. With three separate trials due to report between September and December, any delay or disappointing result would hit a balance sheet that already has less room to absorb it.
#data
2 months ago
Listen
(3 min)
1523 ET – Oil futures rise for a third straight session as strikes between the U.S. and Iran raise concerns about further escalation and oil flows out of the Persian Gulf. The EIA reported a bigger-than-expected 4.5 million barrel draw in U.S. commercial crude oil stocks for last week, while the Department of Energy released another 3.1 million barrels from the Strategic Petroleum Reserve. The withdrawal “keeps attention on the increasingly tight market dynamics,” says David Russell of TradeStation. Diesel stocks are at the lowest on record for the time of year as farmers and truckers enter their high-demand season, he adds. “Supply and demand fundamentals are taking over as government intervention loses effect and the SPR reaches critical levels.” WTI settles up 0.9% at $91.01 a barrel and Brent rises 1% to $95.63. (anthony.harrupwsj.com)
1611 GMT – Oil prices rise in volatile trade, with Brent crude above $95 a barrel after U.S. crude stockpiles saw a larger-than-expected drop last week. Brent is up 0.9% to $95.50 a barrel, while WTI futures rise 0.5% to $90.67 a barrel. Renewed military strikes between the U.S. and Iran are dimming hopes for a near-term resolution of the conflict and reopening of the Strait of Hormuz, keeping the geopolitical risk premium high. Meanwhile, according to the EIA, commercial crude oil stocks excluding the Strategic Petroleum Reserve were down by 4.5 million barrels in the week ended Aug. 28, compared with expectations of a 300,000-barrel fall. “Oil is now more than 30% higher since the conflict began in February, with refined-product markets facing even greater tightness,” says Soojin Kim from MUFG. (giulia.petroniwsj.com)
#crude #week #Iran
(3 min)
1523 ET – Oil futures rise for a third straight session as strikes between the U.S. and Iran raise concerns about further escalation and oil flows out of the Persian Gulf. The EIA reported a bigger-than-expected 4.5 million barrel draw in U.S. commercial crude oil stocks for last week, while the Department of Energy released another 3.1 million barrels from the Strategic Petroleum Reserve. The withdrawal “keeps attention on the increasingly tight market dynamics,” says David Russell of TradeStation. Diesel stocks are at the lowest on record for the time of year as farmers and truckers enter their high-demand season, he adds. “Supply and demand fundamentals are taking over as government intervention loses effect and the SPR reaches critical levels.” WTI settles up 0.9% at $91.01 a barrel and Brent rises 1% to $95.63. (anthony.harrupwsj.com)
1611 GMT – Oil prices rise in volatile trade, with Brent crude above $95 a barrel after U.S. crude stockpiles saw a larger-than-expected drop last week. Brent is up 0.9% to $95.50 a barrel, while WTI futures rise 0.5% to $90.67 a barrel. Renewed military strikes between the U.S. and Iran are dimming hopes for a near-term resolution of the conflict and reopening of the Strait of Hormuz, keeping the geopolitical risk premium high. Meanwhile, according to the EIA, commercial crude oil stocks excluding the Strategic Petroleum Reserve were down by 4.5 million barrels in the week ended Aug. 28, compared with expectations of a 300,000-barrel fall. “Oil is now more than 30% higher since the conflict began in February, with refined-product markets facing even greater tightness,” says Soojin Kim from MUFG. (giulia.petroniwsj.com)
#crude #week #Iran
2 months ago
The House of Representatives passed a resolution condemning socialism on Tuesday evening, with all but eight House Democrats voting against it.
In a stunning twist of fate, however, the vote would not have occurred if two House Democrats hadn't stepped in hours earlier to help the GOP through a procedural hurdle — blindsiding House Minority Leader Hakeem Jeffries, D-N.Y., in the process.
Jeffries later threatened consequences for the pair in a dramatic statement late on Tuesday night, calling their move a "breach of trust."
The resolution passed 220 to 192 with all "no" votes coming from the left, including Democrats' senior leaders: House Minority Leader Hakeem Jeffries, D-N.Y., House Minority Whip Katherine Clark, D-Mass., and House Democratic Caucus Chair Pete Aguilar, D-Calif.
Johnson Scores Win As Conservative Rebels End House Floor Blockade Over Voter Id Bill
#House #minority #resolution
In a stunning twist of fate, however, the vote would not have occurred if two House Democrats hadn't stepped in hours earlier to help the GOP through a procedural hurdle — blindsiding House Minority Leader Hakeem Jeffries, D-N.Y., in the process.
Jeffries later threatened consequences for the pair in a dramatic statement late on Tuesday night, calling their move a "breach of trust."
The resolution passed 220 to 192 with all "no" votes coming from the left, including Democrats' senior leaders: House Minority Leader Hakeem Jeffries, D-N.Y., House Minority Whip Katherine Clark, D-Mass., and House Democratic Caucus Chair Pete Aguilar, D-Calif.
Johnson Scores Win As Conservative Rebels End House Floor Blockade Over Voter Id Bill
#House #minority #resolution
2 months ago
Brandon Aiyuk kept dissing the San Francisco 49ers throughout the offseason, expecting the team to move on from him so he could join the Washington Commanders, his preferred landing spot.
However, the situation has only worsened for him. As he awaits a resolution of some sort, 49ers general manager John Lynch's unusual response to questions about the wide receiver on Monday quickly became a talking point in the NFL community.
Aiyuk previously blamed part of the tension between himself and the 49ers on his former agent, Ryan Williams, who has a friendship and business relationship with Lynch. During a YouTube video in June, Aiyuk also alleged that Lynch visited his home partly to apologize for the actions of head coach Kyle Shanahan.
Nothing has changed between Aiyuk and the 49ers since then, as the wide receiver remains under contract with San Francisco but is currently listed on the Reserve/Left Squad list. In practical terms, Aiyuk is no longer involved with the team.
The situation became even more interesting when Lynch was asked about Aiyuk on Monday, and he had a hilarious reaction.
#team
However, the situation has only worsened for him. As he awaits a resolution of some sort, 49ers general manager John Lynch's unusual response to questions about the wide receiver on Monday quickly became a talking point in the NFL community.
Aiyuk previously blamed part of the tension between himself and the 49ers on his former agent, Ryan Williams, who has a friendship and business relationship with Lynch. During a YouTube video in June, Aiyuk also alleged that Lynch visited his home partly to apologize for the actions of head coach Kyle Shanahan.
Nothing has changed between Aiyuk and the 49ers since then, as the wide receiver remains under contract with San Francisco but is currently listed on the Reserve/Left Squad list. In practical terms, Aiyuk is no longer involved with the team.
The situation became even more interesting when Lynch was asked about Aiyuk on Monday, and he had a hilarious reaction.
#team
2 months ago
As of August 29, Stephen Curry is eligible to sign at most a two-year, $136.7 million deal, which the Warriors are reportedly happy to offer him at this point in his career, despite his age of 38.
Under the Over 38 rule in the collective bargaining agreement (CBA), any player over 38 can sign only a two-year contract with the same team that employs them, or a three-year contract if they become a free agent.
Therefore, Stephen Curry, who turns 39 in March 2027, will become eligible for a three-year extension next summer valued at over $200 million, which may be why Curry is waiting.
There is also a chance he may want to test free agency at least once in his career to contend for a championship, since he is not expected to leverage his contract extension into forcing the Warriors to make roster changes. But there is an 'overwhelming likelihood' that Stephen Curry will retire with the Warriors.
"But if he waits, whether as a statement about the roster or simply because he wants to see what happens next, the uncertainty would create the type of lingering distraction that will hover over the group until there is resolution. That's the catch-22 Curry faces."
#Warriors #sign #Career
Under the Over 38 rule in the collective bargaining agreement (CBA), any player over 38 can sign only a two-year contract with the same team that employs them, or a three-year contract if they become a free agent.
Therefore, Stephen Curry, who turns 39 in March 2027, will become eligible for a three-year extension next summer valued at over $200 million, which may be why Curry is waiting.
There is also a chance he may want to test free agency at least once in his career to contend for a championship, since he is not expected to leverage his contract extension into forcing the Warriors to make roster changes. But there is an 'overwhelming likelihood' that Stephen Curry will retire with the Warriors.
"But if he waits, whether as a statement about the roster or simply because he wants to see what happens next, the uncertainty would create the type of lingering distraction that will hover over the group until there is resolution. That's the catch-22 Curry faces."
#Warriors #sign #Career
2 months ago
Highway and Motive said in a joint statement that they have reached an agreement to restore the frequency at which Highway can access electronic logging device data belonging to Motive customers when carriers authorize that access, ending a disruption that began earlier after Motive limited the application programming interface connection between the two platforms and indicated Highway would need to compensate it for the data. The companies said they are working together to ensure uninterrupted service for the carriers and brokers that rely on both.
The statement said no action is required from carriers or brokers.
Both companies framed the resolution around carrier authorization. They said they share a commitment to giving motor carriers transparency and control over how their data is authorized and used, and that they are in discussions to update their existing agreement to more clearly reflect current use cases. The companies also said they intend to build on the relationship by identifying opportunities to improve data fidelity, reduce latency and create better experiences for carriers and brokers.
"Motive and Highway both play important roles in the freight ecosystem, and we are committed to serving customers together," said Jordan Graft, CEO of Highway. "We have a clear path forward that protects carrier choice and allows us to continue improving the experience for brokers and carriers."
Shoaib Makani, co-founder and CEO of Motive, said: "Our carriers depend on an ecosystem of partners to run their businesses. We are pleased to have reached a path forward with Highway that supports our customers and provides clarity around data use."
#carriers #brokers #customers #reached
The statement said no action is required from carriers or brokers.
Both companies framed the resolution around carrier authorization. They said they share a commitment to giving motor carriers transparency and control over how their data is authorized and used, and that they are in discussions to update their existing agreement to more clearly reflect current use cases. The companies also said they intend to build on the relationship by identifying opportunities to improve data fidelity, reduce latency and create better experiences for carriers and brokers.
"Motive and Highway both play important roles in the freight ecosystem, and we are committed to serving customers together," said Jordan Graft, CEO of Highway. "We have a clear path forward that protects carrier choice and allows us to continue improving the experience for brokers and carriers."
Shoaib Makani, co-founder and CEO of Motive, said: "Our carriers depend on an ecosystem of partners to run their businesses. We are pleased to have reached a path forward with Highway that supports our customers and provides clarity around data use."
#carriers #brokers #customers #reached
2 months ago
LAS VEGAS — Memphis football has a new quarterback for the 2026 season.
West Florida transfer Marcus Stokes will start for Memphis against UNLV on Aug. 28 (9 p.m., CT FOX). Stokes beat out South Carolina transfer Air Noland for the Tigers' starting job.
The team has undergone massive change since last season ended. Coach Ryan Silverfield left for Arkansas and was replaced by Charles Huff. Huff put together a new roster made up mostly of transfers, and Stokes was one of the first marquee additions to the roster.
Throughout the offseason, Huff continued to stress that Stokes and Noland were in a competition and there would not be a resolution until the first game. But Stokes always had the experience advantage in the competition and will now get to start at the FBS level for the first time.
Here's what to know about Stokes.
#start #Competition
West Florida transfer Marcus Stokes will start for Memphis against UNLV on Aug. 28 (9 p.m., CT FOX). Stokes beat out South Carolina transfer Air Noland for the Tigers' starting job.
The team has undergone massive change since last season ended. Coach Ryan Silverfield left for Arkansas and was replaced by Charles Huff. Huff put together a new roster made up mostly of transfers, and Stokes was one of the first marquee additions to the roster.
Throughout the offseason, Huff continued to stress that Stokes and Noland were in a competition and there would not be a resolution until the first game. But Stokes always had the experience advantage in the competition and will now get to start at the FBS level for the first time.
Here's what to know about Stokes.
#start #Competition
2 months ago
Last season, Jacksonville Jaguars kicker Cam Little drilled a 68-yard field goal that became the longest field goal ever made in an NFL game. That kick was actually shorter than the 70-yarder he hit during the preseason. Then, just last week, Kansas City Chiefs kicker Harrison Butker hit a 69-yarder of his own.
Absurdly long field goals are becoming a pattern in the NFL, and it's almost surely going to continue this year.
Over the past few seasons, the NFL has quietly made some changes to its kicking **** that seem to have made things noticeably easier on kickers. That, coupled with the recent kickoff changes that have made a drastic impact on starting field position, has led to an increase in incredibly long field goals.
Ahead of the 2025 season, the NFL quietly passed a resolution that allowed teams to prepare their kicking **** – known in the league as "K-balls" – before game day, rather than during game day. The change got very little publicity, likely because **** ody really expected the change to make a drastic difference. But it seems to have, and Philadelphia Eagles defensive coordinator Vic Fangio took notice.
Following a game against the Tampa Bay Buccaneers in which kicker Chase McLaughlin hit a 65-yard field goal and a 58-yard field goal, Fangio brought up the quiet rule change, saying that it made a "drastic" impact on the kicking game. Fangio said the impact has been so drastic that he compared it to the steroid era of Major League Baseball.
#game #drastic #yard #kicking
Absurdly long field goals are becoming a pattern in the NFL, and it's almost surely going to continue this year.
Over the past few seasons, the NFL has quietly made some changes to its kicking **** that seem to have made things noticeably easier on kickers. That, coupled with the recent kickoff changes that have made a drastic impact on starting field position, has led to an increase in incredibly long field goals.
Ahead of the 2025 season, the NFL quietly passed a resolution that allowed teams to prepare their kicking **** – known in the league as "K-balls" – before game day, rather than during game day. The change got very little publicity, likely because **** ody really expected the change to make a drastic difference. But it seems to have, and Philadelphia Eagles defensive coordinator Vic Fangio took notice.
Following a game against the Tampa Bay Buccaneers in which kicker Chase McLaughlin hit a 65-yard field goal and a 58-yard field goal, Fangio brought up the quiet rule change, saying that it made a "drastic" impact on the kicking game. Fangio said the impact has been so drastic that he compared it to the steroid era of Major League Baseball.
#game #drastic #yard #kicking
2 months ago
Stephen Curry's contract extension is the one piece of business the Golden State Warriors have left to get done. It is also the one that carries the biggest risk.
The Warriors can officially sign the 38-year-old on August 29. With less than two months until the season, there is no deal yet.
Nick Friedell of The Athletic has warned that the wait could become a problem.
Photo by Ezra Shaw/Getty Images
'The overwhelming likelihood has always been that Curry will sign and the Warriors will go about business as usual, with him as the focal point of everything they do,' Friedell wrote. 'But if he waits, whether as a statement about the roster or simply because he wants to see what happens next, the uncertainty would create the type of lingering distraction that will hover over the group until there is resolution.'
#sign #stephen
The Warriors can officially sign the 38-year-old on August 29. With less than two months until the season, there is no deal yet.
Nick Friedell of The Athletic has warned that the wait could become a problem.
Photo by Ezra Shaw/Getty Images
'The overwhelming likelihood has always been that Curry will sign and the Warriors will go about business as usual, with him as the focal point of everything they do,' Friedell wrote. 'But if he waits, whether as a statement about the roster or simply because he wants to see what happens next, the uncertainty would create the type of lingering distraction that will hover over the group until there is resolution.'
#sign #stephen
2 months ago
Ex-Warriors 4-time champion Klay Thompson details why he picked the Miami Heat over Lakers originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
The Miami Heat had their eyes set on Klay Thompson for quite a while, even when it was unclear what the Dallas Mavericks were going to do with him. However, a resolution between the Mavericks and Thompson was eventually reached, allowing both sides to move on.
The four-time NBA champion was finally a free agent after agreeing to a buyout with Dallas. Thompson quickly signed a contract with the Heat.
"The Heat on Sunday could celebrate not only the addition of five-time All-Star guard Klay Thompson, but also the fact that the organization emerged from the transaction with more flexibility than some might have expected. Because Thompson agreed to a first year salary of $5.6 million, that left the Heat with the ability to fill both the 14th and 15th roster spots," Miami Herald's Barry Jackson wrote.
The Heat won the battle over the Los Angeles Lakers, as Thompson was highly interested in joining either team.
#heat #time
The Miami Heat had their eyes set on Klay Thompson for quite a while, even when it was unclear what the Dallas Mavericks were going to do with him. However, a resolution between the Mavericks and Thompson was eventually reached, allowing both sides to move on.
The four-time NBA champion was finally a free agent after agreeing to a buyout with Dallas. Thompson quickly signed a contract with the Heat.
"The Heat on Sunday could celebrate not only the addition of five-time All-Star guard Klay Thompson, but also the fact that the organization emerged from the transaction with more flexibility than some might have expected. Because Thompson agreed to a first year salary of $5.6 million, that left the Heat with the ability to fill both the 14th and 15th roster spots," Miami Herald's Barry Jackson wrote.
The Heat won the battle over the Los Angeles Lakers, as Thompson was highly interested in joining either team.
#heat #time
2 months ago
At the beginning of this week it did seem that exciting young defender Stephen Mfuni would leave Manchester City to spend the 2026-27 season on loan with Coventry City. A move to the newly promoted side would have provided Mfuni with the opportunity to get a taste of the Premier League if he could earn a position in Frank Lampard's lineup. However, Mfuni's loan move to Coventry fell through as reported by Jack Johnson for TalkSport. It did seem to be a waiting game to find out where Mfuni would play his football this season. Now, it has been reported that Mfuni's loan move to Coventry could be back on which is good news for Manchester City and the young defender.
Stephen Mfuni could end up joining Coventry City on loan after all, according to Tom Hancock of TalkSport. Furthermore, Hancock reports that City had held talks with Sheffield United and Swansea over a potential loan move to the Championship for young defender. However, it looks like Mfuni may now move to a Premier League club instead. It is further reported that Coventry City are eager to strengthen their squad after being promoted back to the Premier League. Adding Mfuni to Frank Lampard's squad will give them another defensive option to aid their cause to stay in the Premier League this season.
Hopefully, Stephen Mfuni does wind up completing a loan move to Coventry City. Spending a season in the Premier League should fast track Mfuni's development. Especially if he can become a regular contributor for Frank Lampard's side. Also, Manchester City and Mfuni will be glad to have a resolution found as to where Mfuni will play this season.
What Manchester City and Mfuni wouldn't want is for Mfuni's short-term future to remain unresolved. That would be the worst-case scenario and it could have forced City to be scrambling to find a suitable club for Mfuni to head out on loan to. If Coventry City have reignited their interest in Mfuni as reported, this scenario may have been avoided.
Stephen Mfuni could be heading out on loan to Coventry City after all. Hopefully, the loan move goes through and Mfuni returns Manchester City ready to take the next step in what promises to be strong career for the 18-year-old centre-back.
#mfuni #loan
Stephen Mfuni could end up joining Coventry City on loan after all, according to Tom Hancock of TalkSport. Furthermore, Hancock reports that City had held talks with Sheffield United and Swansea over a potential loan move to the Championship for young defender. However, it looks like Mfuni may now move to a Premier League club instead. It is further reported that Coventry City are eager to strengthen their squad after being promoted back to the Premier League. Adding Mfuni to Frank Lampard's squad will give them another defensive option to aid their cause to stay in the Premier League this season.
Hopefully, Stephen Mfuni does wind up completing a loan move to Coventry City. Spending a season in the Premier League should fast track Mfuni's development. Especially if he can become a regular contributor for Frank Lampard's side. Also, Manchester City and Mfuni will be glad to have a resolution found as to where Mfuni will play this season.
What Manchester City and Mfuni wouldn't want is for Mfuni's short-term future to remain unresolved. That would be the worst-case scenario and it could have forced City to be scrambling to find a suitable club for Mfuni to head out on loan to. If Coventry City have reignited their interest in Mfuni as reported, this scenario may have been avoided.
Stephen Mfuni could be heading out on loan to Coventry City after all. Hopefully, the loan move goes through and Mfuni returns Manchester City ready to take the next step in what promises to be strong career for the 18-year-old centre-back.
#mfuni #loan
