14 hours ago
EXCLUSIVE: Over decades at Disney, Mary Fossier employed the full force of the law against individuals and organizations that attempted to infringe on the House of Mouse's intellectual property. Now, after being canned by then Bob Iger-run company in late 2024, the ex-associate General Counsel is turning the law on Disney in a just filed discrimination, retaliation and wrongful termination action.
Claiming she was fired in a round of layoffs "to make way for a younger and less qualified colleague," 29-year Disney vet Fossier's own attorneys claim their client "has been devastated both economically and emotionally by her wrongful discharge."
More from Deadline
Disney Layoffs Hit TV Development & Casting Executive Ranks
Dana Walden Addresses Disney Layoffs: "Technology Set Their Sights On Our Business"
#iger
Claiming she was fired in a round of layoffs "to make way for a younger and less qualified colleague," 29-year Disney vet Fossier's own attorneys claim their client "has been devastated both economically and emotionally by her wrongful discharge."
More from Deadline
Disney Layoffs Hit TV Development & Casting Executive Ranks
Dana Walden Addresses Disney Layoffs: "Technology Set Their Sights On Our Business"
#iger
2 days ago
Ray Fisher became internationally recognizable as the technologically enhanced superhero Cyborg, but his career began far from the world of comic book blockbusters. The American actor developed his craft through theater before making the leap to major Hollywood productions. His upbringing, particularly the influence of his mother and grandmother, helped shape the values he later carried into his professional life. When Fisher encountered difficulties behind the scenes of Justice League, he chose to speak publicly about his experience. That decision became an important part of a career increasingly ****** ociated with both performance and workplace accountability.
Born in Baltimore, Maryland, Fisher grew up in Lawnside, New Jersey, in a large family raised primarily by his mother and grandmother. He has described both women as his real life superheroes, praising the determination and strength they demonstrated while he was growing up. His interest in acting became serious during high school, when encouragement from a teacher led him to audition for theatrical productions.
Fisher continued developing as a stage performer and eventually established himself in professional theater. One of his most demanding early roles was Muhammad Ali in the Off Broadway production Fetch Clay, Make Man. Preparing to portray the legendary boxer required substantial physical transformation as well as the ability to capture Ali's confidence and personality. The experience demonstrated the discipline Fisher could bring to a role before Hollywood audiences became familiar with him.
His major screen opportunity arrived when Zack Snyder selected him to play Victor Stone, better known as Cyborg, in the DC film universe. Fisher made a brief appearance in Batman v Superman: Dawn of Justice before receiving a much larger role in Justice League. Production changed significantly after Snyder left the project and Joss Whedon took over during post production. The theatrical version released in 2017 reduced much of Cyborg's original storyline.
In 2020, Fisher publicly accused Whedon of inappropriate and unprofessional behavior during the Justice League reshoots. WarnerMedia subsequently conducted an investigation after Fisher raised concerns involving the production. In December 2020, the company announced that the investigation had concluded and that remedial action had been taken, without publicly detailing what those measures involved.
#justice #became #hollywood #whedon
Born in Baltimore, Maryland, Fisher grew up in Lawnside, New Jersey, in a large family raised primarily by his mother and grandmother. He has described both women as his real life superheroes, praising the determination and strength they demonstrated while he was growing up. His interest in acting became serious during high school, when encouragement from a teacher led him to audition for theatrical productions.
Fisher continued developing as a stage performer and eventually established himself in professional theater. One of his most demanding early roles was Muhammad Ali in the Off Broadway production Fetch Clay, Make Man. Preparing to portray the legendary boxer required substantial physical transformation as well as the ability to capture Ali's confidence and personality. The experience demonstrated the discipline Fisher could bring to a role before Hollywood audiences became familiar with him.
His major screen opportunity arrived when Zack Snyder selected him to play Victor Stone, better known as Cyborg, in the DC film universe. Fisher made a brief appearance in Batman v Superman: Dawn of Justice before receiving a much larger role in Justice League. Production changed significantly after Snyder left the project and Joss Whedon took over during post production. The theatrical version released in 2017 reduced much of Cyborg's original storyline.
In 2020, Fisher publicly accused Whedon of inappropriate and unprofessional behavior during the Justice League reshoots. WarnerMedia subsequently conducted an investigation after Fisher raised concerns involving the production. In December 2020, the company announced that the investigation had concluded and that remedial action had been taken, without publicly detailing what those measures involved.
#justice #became #hollywood #whedon
7 days ago
WASHINGTON (AP) — The FBI has released a classified report to its workforce examining what it says are chapters from the bureau's history "where this institution fell short," according to an internal message obtained Friday by The ***** ociated Press.
It was unclear what episodes from the FBI's past are chronicled in the new "Patel Report." But the document's existence is in keeping with Director Kash Patel's frequent criticism of the leaders who preceded him as well as with his determination to rid the FBI of agents and other employees he contends have politicized the bureau in the past. Patel's critics, however, accuse him of politicizing the FBI.
Though Patel pledged at his confirmation hearing last year that he would not look "backward," he has encouraged investigation of former senior officials and has presided over waves of terminations, including of employees who participated in years-old investigations of President Donald Trump, were photographed taking a knee during a 2020 racial justice protest and contributed to a disputed ***** ytical memo about Catholic extremism.
"The Patel Report looks backward because accountability demands it," says a memo to the workforce signed by the FBI's co-deputy directors, Christopher Raia and Andrew Bailey, that describes the document as marking the "closing of one chapter in our history and the beginning of another complete with a brighter future ahead."
Bailey announced his resignation earlier this week, and his last day is Friday. The FBI declined to comment on the report.
#Friday #workforce #employees #backward
It was unclear what episodes from the FBI's past are chronicled in the new "Patel Report." But the document's existence is in keeping with Director Kash Patel's frequent criticism of the leaders who preceded him as well as with his determination to rid the FBI of agents and other employees he contends have politicized the bureau in the past. Patel's critics, however, accuse him of politicizing the FBI.
Though Patel pledged at his confirmation hearing last year that he would not look "backward," he has encouraged investigation of former senior officials and has presided over waves of terminations, including of employees who participated in years-old investigations of President Donald Trump, were photographed taking a knee during a 2020 racial justice protest and contributed to a disputed ***** ytical memo about Catholic extremism.
"The Patel Report looks backward because accountability demands it," says a memo to the workforce signed by the FBI's co-deputy directors, Christopher Raia and Andrew Bailey, that describes the document as marking the "closing of one chapter in our history and the beginning of another complete with a brighter future ahead."
Bailey announced his resignation earlier this week, and his last day is Friday. The FBI declined to comment on the report.
#Friday #workforce #employees #backward
8 days ago
With his two reportedly sold-out concerts in Russia canceled amid a messy dispute, Kanye West is looking for better news on the legal front in California.
The artist now known as Ye has filed a new motion in Los Angeles seeking to dismiss the wrongful termination and harassment lawsuit brought by a staffer involved in Ye's now-defunct and highly controversial K-12 private Christian school, Donda Academy. A trial is scheduled for January.
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#california
The artist now known as Ye has filed a new motion in Los Angeles seeking to dismiss the wrongful termination and harassment lawsuit brought by a staffer involved in Ye's now-defunct and highly controversial K-12 private Christian school, Donda Academy. A trial is scheduled for January.
More from Rolling Stone
Quinceañeras to Congress: Bobby Pulido Finds a New Way to Represent Tejanos
Trump Explodes on Reporter: 'You Haven't Asked Me One F-cking Positive Question'
#california
19 days ago
Federal Reserve Chair Kevin Warsh has revealed himself. If not a card-carrying monetarist, he is at least a camp follower. This represents a dramatic change at the Fed, where the past Chairman Jerome Powell repeatedly rejected the basic tenets of monetarism.
This is a welcomed earthquake. After all, there are almost no monetarists left in the world (except for us, and we've been fighting a lonely rearguard action for over 40 years). The Federal Reserve has rejected monetarism consistently — and on the record — because it preferred other models for understanding the economy. In academia, monetarism has been out of fashion for decades. But by his own words, a monetarist is now leading the central bank.
Just what is monetarism? It's a doctrine which holds that money has a major influence on both the level of ***** et prices, economic activity, and the price level. Any discussion of national income determination must, therefore, center on the quantity of money and the banking system, since banks produce most of the money in modern economies. When it comes to monetary policy, its objectives are best met by targeting the rate of growth of the money supply.
Today, most economists pooh-pooh monetarism. Money and banking are nowhere to be found in their macroeconomic models, or their discourses about the course of ***** et prices, economic activity, and prices. Indeed, their forecasting exercises are typically based on elaborations of Keynesian income-expenditure models that exclude money and banking.
If that's not enough, we think that the Fed's backroom staff, mostly Keynesian-leaning Democrats, don't want alignment with a philosophy usually affiliated with Milton Friedman, but that's another story. Just look at what Joe Biden said in 2020 about how the dean of monetarism wasn't "running the show anymore."
#monetarist
This is a welcomed earthquake. After all, there are almost no monetarists left in the world (except for us, and we've been fighting a lonely rearguard action for over 40 years). The Federal Reserve has rejected monetarism consistently — and on the record — because it preferred other models for understanding the economy. In academia, monetarism has been out of fashion for decades. But by his own words, a monetarist is now leading the central bank.
Just what is monetarism? It's a doctrine which holds that money has a major influence on both the level of ***** et prices, economic activity, and the price level. Any discussion of national income determination must, therefore, center on the quantity of money and the banking system, since banks produce most of the money in modern economies. When it comes to monetary policy, its objectives are best met by targeting the rate of growth of the money supply.
Today, most economists pooh-pooh monetarism. Money and banking are nowhere to be found in their macroeconomic models, or their discourses about the course of ***** et prices, economic activity, and prices. Indeed, their forecasting exercises are typically based on elaborations of Keynesian income-expenditure models that exclude money and banking.
If that's not enough, we think that the Fed's backroom staff, mostly Keynesian-leaning Democrats, don't want alignment with a philosophy usually affiliated with Milton Friedman, but that's another story. Just look at what Joe Biden said in 2020 about how the dean of monetarism wasn't "running the show anymore."
#monetarist
20 days ago
Ascendis Pharma A/S (NASDAQ:ASND) announced on September 14 that it will regain exclusive rights to develop, manufacture, and commercialize TransCon products in metabolic and cardiovascular diseases following the termination of its collaboration with Novo Nordisk A/S (NYSE:NVO).
The rights include once-monthly TransCon Semaglutide, an investigational long-acting prodrug of semaglutide intended for obesity and type 2 diabetes. Neither party will have continuing financial obligations to the other. Once termination becomes effective and the rights revert, management plans to initiate multiple programs across rare and large indications.
The investment question is whether greater control over future products can justify the resources needed to develop them.
Ascendis Pharma A/S (NASDAQ:ASND) would regain flexibility over which indications to pursue, how quickly to advance candidates, and whether to seek another partner. Successful independent development could retain more of a product's commercial economics, while a new collaboration could provide another way to share costs and risk.
Monthly dosing offers a clear development objective. If clinical studies demonstrate effective treatment with acceptable tolerability, fewer injections could make long-term therapy more convenient. That potential benefit would matter most if it helps patients stay on treatment without sacrificing outcomes.
#ascendis #pharma #asnd #regain
The rights include once-monthly TransCon Semaglutide, an investigational long-acting prodrug of semaglutide intended for obesity and type 2 diabetes. Neither party will have continuing financial obligations to the other. Once termination becomes effective and the rights revert, management plans to initiate multiple programs across rare and large indications.
The investment question is whether greater control over future products can justify the resources needed to develop them.
Ascendis Pharma A/S (NASDAQ:ASND) would regain flexibility over which indications to pursue, how quickly to advance candidates, and whether to seek another partner. Successful independent development could retain more of a product's commercial economics, while a new collaboration could provide another way to share costs and risk.
Monthly dosing offers a clear development objective. If clinical studies demonstrate effective treatment with acceptable tolerability, fewer injections could make long-term therapy more convenient. That potential benefit would matter most if it helps patients stay on treatment without sacrificing outcomes.
#ascendis #pharma #asnd #regain
21 days ago
Alcoa Corporation (NYSE:AA) priced $2.6 billion of acquisition financing on September 9, 2026, through two wholly owned subsidiaries. Alumina Pty Ltd will issue $1.5 billion of 6.625% notes due 2034, while Alcoa Nederland Holding B.V. will issue $1.1 billion of 6.875% notes due 2036. Alcoa Corporation (NYSE:AA) and certain subsidiaries will guarantee the notes on a senior unsecured basis.
The tranches imply annual coupons of $99.375 million and $75.625 million, respectively, totaling exactly $175 million. Settlement is expected on September 23. Net proceeds and cash on hand would fund the approximately $3.1 billion cash portion of the South32 Limited (ASX:S32) ****** et acquisition, plus related fees and expenses.
For Alcoa Corporation (NYSE:AA), successful settlement would secure longer-dated funding and allow termination of the remaining 364-day bridge commitments. Maturities in 2034 and 2036 give management time to integrate the ****** ets before principal comes due.
The operating opportunity lies in linking additional bauxite resources, alumina refining and aluminum production. Better coordination could strengthen feedstock security and improve purchasing, logistics and plant economics. Acquired earnings and operating improvements could produce recurring cash to service the debt while funding reinvestment.
Fixed coupons also make the interest burden predictable. Strong ****** et performance could support debt reduction and give shareholders a growing share of incremental cash generation.
#notes #september
The tranches imply annual coupons of $99.375 million and $75.625 million, respectively, totaling exactly $175 million. Settlement is expected on September 23. Net proceeds and cash on hand would fund the approximately $3.1 billion cash portion of the South32 Limited (ASX:S32) ****** et acquisition, plus related fees and expenses.
For Alcoa Corporation (NYSE:AA), successful settlement would secure longer-dated funding and allow termination of the remaining 364-day bridge commitments. Maturities in 2034 and 2036 give management time to integrate the ****** ets before principal comes due.
The operating opportunity lies in linking additional bauxite resources, alumina refining and aluminum production. Better coordination could strengthen feedstock security and improve purchasing, logistics and plant economics. Acquired earnings and operating improvements could produce recurring cash to service the debt while funding reinvestment.
Fixed coupons also make the interest burden predictable. Strong ****** et performance could support debt reduction and give shareholders a growing share of incremental cash generation.
#notes #september
22 days ago
Oracle Corporation (NYSE:ORCL) is increasing the expected cost of its fiscal 2026 restructuring plan by about $700 million to roughly $2.8 billion as it simultaneously ramps up spending to capture demand for AI cloud services. The additional costs include severance, contract terminations and other exit expenses, with some restructuring directly linked to adopting AI across parts of the organization.
Oracle had already recorded $1.8 billion of restructuring expenses in fiscal 2026, compared with $299 million in fiscal 2025, showing how materially the company is accelerating its operational transformation. The restructuring comes alongside an unusually large AI investment cycle. Oracle booked more than $30 billion of new AI cloud contracts in its latest quarter, lifting its remaining performance obligations/revenue backlog to $664 billion, while roughly half of that backlog is expected to convert into revenue over the next 36 months.
The strongest bull argument is that the additional restructuring expense is part of a broader shift toward a higher-growth cloud and AI business rather than simply a deterioration in cost control. Oracle Corporation (NYSE:ORCL)'s restructuring program is explicitly aimed at improving efficiency while reallocating resources toward cloud-based offerings and second-generation cloud infrastructure. If the $2.8 billion restructuring program reduces lower-growth costs and enables Oracle to redirect personnel and capital toward AI infrastructure, the near-term earnings pressure could support stronger operating leverage later as cloud revenue scales.
More importantly, the restructuring is occurring against evidence that AI demand is already translating into contracted revenue. Oracle added more than $30 billion of AI cloud contracts in one quarter, pushing its backlog to $664 billion, above the $639.89 billion ******* yst estimate. Management said most of the newly contracted revenue would not require substantial incremental capital because customers are using prepayments or supplying their own hardware. That is particularly important because Oracle's biggest weakness has been the mismatch between rapid infrastructure investment and current cash generation. If customer-funded capacity continues to reduce Oracle's upfront capital burden, the company could convert its huge backlog into revenue without proportionally increasing its cash burn.
The early financial evidence also supports the possibility that the AI strategy is beginning to improve Oracle's growth profile. Revenue in the recent quarter rose 30% year over year to $19.3 billion, adjusted EPS reached $1.92 versus the $1.74 ******* yst consensus, and Oracle Corporation (NYSE:ORCL) raised its fiscal 2027 adjusted EPS forecast from $8.05 to $8.10. Meanwhile, first-quarter free cash flow of negative $5.4 billion was substantially better than both the expected negative $9.56 billion and the previous-quarter negative $11.48 billion. If this trajectory continues, the $700
Oracle had already recorded $1.8 billion of restructuring expenses in fiscal 2026, compared with $299 million in fiscal 2025, showing how materially the company is accelerating its operational transformation. The restructuring comes alongside an unusually large AI investment cycle. Oracle booked more than $30 billion of new AI cloud contracts in its latest quarter, lifting its remaining performance obligations/revenue backlog to $664 billion, while roughly half of that backlog is expected to convert into revenue over the next 36 months.
The strongest bull argument is that the additional restructuring expense is part of a broader shift toward a higher-growth cloud and AI business rather than simply a deterioration in cost control. Oracle Corporation (NYSE:ORCL)'s restructuring program is explicitly aimed at improving efficiency while reallocating resources toward cloud-based offerings and second-generation cloud infrastructure. If the $2.8 billion restructuring program reduces lower-growth costs and enables Oracle to redirect personnel and capital toward AI infrastructure, the near-term earnings pressure could support stronger operating leverage later as cloud revenue scales.
More importantly, the restructuring is occurring against evidence that AI demand is already translating into contracted revenue. Oracle added more than $30 billion of AI cloud contracts in one quarter, pushing its backlog to $664 billion, above the $639.89 billion ******* yst estimate. Management said most of the newly contracted revenue would not require substantial incremental capital because customers are using prepayments or supplying their own hardware. That is particularly important because Oracle's biggest weakness has been the mismatch between rapid infrastructure investment and current cash generation. If customer-funded capacity continues to reduce Oracle's upfront capital burden, the company could convert its huge backlog into revenue without proportionally increasing its cash burn.
The early financial evidence also supports the possibility that the AI strategy is beginning to improve Oracle's growth profile. Revenue in the recent quarter rose 30% year over year to $19.3 billion, adjusted EPS reached $1.92 versus the $1.74 ******* yst consensus, and Oracle Corporation (NYSE:ORCL) raised its fiscal 2027 adjusted EPS forecast from $8.05 to $8.10. Meanwhile, first-quarter free cash flow of negative $5.4 billion was substantially better than both the expected negative $9.56 billion and the previous-quarter negative $11.48 billion. If this trajectory continues, the $700
23 days ago
WASHINGTON (AP) — The top Democrat on the House Foreign Affairs Committee said Wednesday that he's going to block a proposed sale of $2.8 billion in heavy weaponry to Israel over concerns that the powerful bombs may not be used in line with U.S. and international law.
Rep. Gregory Meeks of New York said he would withhold approval for the sale because of "grave, unresolved concerns" about how these munitions could be used in densely populated areas of Gaza and Lebanon by Israeli Prime Minister Benjamin Netanyahu's government.
"The Trump administration has not provided sufficient ****** urances that these weapons will be used by the Netanyahu government in accordance with U.S. law and with appropriate protections for civilians," Meeks said in a statement. "I therefore will not clear this sale at this time."
Meeks' objections, however, will not likely affect the sale, which was informally notified to lawmakers on Tuesday. Once it is formally notified to Congress, Secretary of State Marco Rubio can bypass the normal congressional review process by making an emergency determination that the transaction is an urgent national security interest.
Rubio has done so in the past, including bypassing a normal congressional review process to approve a nearly $3 billion sale to Israel last year. The administration then approved a new series of arms sales to Israel totaling $6.67 billion in January.
#used
Rep. Gregory Meeks of New York said he would withhold approval for the sale because of "grave, unresolved concerns" about how these munitions could be used in densely populated areas of Gaza and Lebanon by Israeli Prime Minister Benjamin Netanyahu's government.
"The Trump administration has not provided sufficient ****** urances that these weapons will be used by the Netanyahu government in accordance with U.S. law and with appropriate protections for civilians," Meeks said in a statement. "I therefore will not clear this sale at this time."
Meeks' objections, however, will not likely affect the sale, which was informally notified to lawmakers on Tuesday. Once it is formally notified to Congress, Secretary of State Marco Rubio can bypass the normal congressional review process by making an emergency determination that the transaction is an urgent national security interest.
Rubio has done so in the past, including bypassing a normal congressional review process to approve a nearly $3 billion sale to Israel last year. The administration then approved a new series of arms sales to Israel totaling $6.67 billion in January.
#used
23 days ago
White House chief of staff Susie Wiles is "cancer free," she announced on X on Sept. 16, 2026. "Some personal news I'm grateful to share. After a medical appointment at the Mayo Clinic this week, my pathology results came back clear," she explained.
Wiles was diagnosed with early-stage breast cancer in March and told the New York Times that her prognosis was "strong." Wiles did not disclose at the time what treatment she would undergo, but said it would last several weeks — during which time she planned to continue working. Noting that one in eight American women develops breast cancer at some point in their lives, Wiles posted on X at the time: "Every day, these women continue to raise their families, go to work and serve their communities with strength and determination. I now join their ranks."
A breast cancer diagnosis is life-altering, but Wiles's comments highlighted the progress that's been made in recent years. Breast cancer is now detected at Stage 0 or 1 — before it has spread — in the majority of cases. Survival rates have risen dramatically, but "the treatments we use to treat early-stage breast cancer have become more tailored" and less disruptive to women's lives, Dr. Lynn Dengel, a University of Virginia surgical oncologist, told Yahoo in March.
"Because [Wiles] was taking care of her health [and getting screened], not only will her prognosis be better, but it will probably minimize what treatment she has to go through and will benefit her work-life and overall balance," Dengel said. She added that most of her patients are diagnosed early and can continue to work while undergoing breast cancer treatment, reducing the financial burden and overall disruption to their lives.
Wiles was diagnosed at age 68 — slightly older than the median age (62) when most women learn they have breast cancer. More than 380,000 American women are diagnosed with some form of breast cancer each year, according to the American Cancer Society (ACS).
Breast cancer remains the most common form of cancer among women in the U.S., except for skin cancers. And rates are rising. But there's good news: More women are surviving the disease. Treatments have also improved, becoming tolerable enough that many women still work, as Wiles intends to do. Here's what to know about the disease, why rates are rising and how women can reduce their risks.
#breast #diagnosed
Wiles was diagnosed with early-stage breast cancer in March and told the New York Times that her prognosis was "strong." Wiles did not disclose at the time what treatment she would undergo, but said it would last several weeks — during which time she planned to continue working. Noting that one in eight American women develops breast cancer at some point in their lives, Wiles posted on X at the time: "Every day, these women continue to raise their families, go to work and serve their communities with strength and determination. I now join their ranks."
A breast cancer diagnosis is life-altering, but Wiles's comments highlighted the progress that's been made in recent years. Breast cancer is now detected at Stage 0 or 1 — before it has spread — in the majority of cases. Survival rates have risen dramatically, but "the treatments we use to treat early-stage breast cancer have become more tailored" and less disruptive to women's lives, Dr. Lynn Dengel, a University of Virginia surgical oncologist, told Yahoo in March.
"Because [Wiles] was taking care of her health [and getting screened], not only will her prognosis be better, but it will probably minimize what treatment she has to go through and will benefit her work-life and overall balance," Dengel said. She added that most of her patients are diagnosed early and can continue to work while undergoing breast cancer treatment, reducing the financial burden and overall disruption to their lives.
Wiles was diagnosed at age 68 — slightly older than the median age (62) when most women learn they have breast cancer. More than 380,000 American women are diagnosed with some form of breast cancer each year, according to the American Cancer Society (ACS).
Breast cancer remains the most common form of cancer among women in the U.S., except for skin cancers. And rates are rising. But there's good news: More women are surviving the disease. Treatments have also improved, becoming tolerable enough that many women still work, as Wiles intends to do. Here's what to know about the disease, why rates are rising and how women can reduce their risks.
#breast #diagnosed
23 days ago
Oracle Corporation (NYSE:ORCL) is increasing the expected cost of its fiscal 2026 restructuring plan by about $700 million to roughly $2.8 billion as it simultaneously ramps up spending to capture demand for AI cloud services. The additional costs include severance, contract terminations and other exit expenses, with some restructuring directly linked to adopting AI across parts of the organization.
Oracle had already recorded $1.8 billion of restructuring expenses in fiscal 2026, compared with $299 million in fiscal 2025, showing how materially the company is accelerating its operational transformation. The restructuring comes alongside an unusually large AI investment cycle. Oracle booked more than $30 billion of new AI cloud contracts in its latest quarter, lifting its remaining performance obligations/revenue backlog to $664 billion, while roughly half of that backlog is expected to convert into revenue over the next 36 months.
The strongest bull argument is that the additional restructuring expense is part of a broader shift toward a higher-growth cloud and AI business rather than simply a deterioration in cost control. Oracle Corporation (NYSE:ORCL)'s restructuring program is explicitly aimed at improving efficiency while reallocating resources toward cloud-based offerings and second-generation cloud infrastructure. If the $2.8 billion restructuring program reduces lower-growth costs and enables Oracle to redirect personnel and capital toward AI infrastructure, the near-term earnings pressure could support stronger operating leverage later as cloud revenue scales.
More importantly, the restructuring is occurring against evidence that AI demand is already translating into contracted revenue. Oracle added more than $30 billion of AI cloud contracts in one quarter, pushing its backlog to $664 billion, above the $639.89 billion ****** yst estimate. Management said most of the newly contracted revenue would not require substantial incremental capital because customers are using prepayments or supplying their own hardware. That is particularly important because Oracle's biggest weakness has been the mismatch between rapid infrastructure investment and current cash generation. If customer-funded capacity continues to reduce Oracle's upfront capital burden, the company could convert its huge backlog into revenue without proportionally increasing its cash burn.
The early financial evidence also supports the possibility that the AI strategy is beginning to improve Oracle's growth profile. Revenue in the recent quarter rose 30% year over year to $19.3 billion, adjusted EPS reached $1.92 versus the $1.74 ****** yst consensus, and Oracle Corporation (NYSE:ORCL) raised its fiscal 2027 adjusted EPS forecast from $8.05 to $8.10. Meanwhile, first-quarter free cash flow of negative $5.4 billion was substantially better than both the expected negative $9.56 billion and the previous-quarter negative $11.48 billion. If this trajectory continues, the $700 mi
Oracle had already recorded $1.8 billion of restructuring expenses in fiscal 2026, compared with $299 million in fiscal 2025, showing how materially the company is accelerating its operational transformation. The restructuring comes alongside an unusually large AI investment cycle. Oracle booked more than $30 billion of new AI cloud contracts in its latest quarter, lifting its remaining performance obligations/revenue backlog to $664 billion, while roughly half of that backlog is expected to convert into revenue over the next 36 months.
The strongest bull argument is that the additional restructuring expense is part of a broader shift toward a higher-growth cloud and AI business rather than simply a deterioration in cost control. Oracle Corporation (NYSE:ORCL)'s restructuring program is explicitly aimed at improving efficiency while reallocating resources toward cloud-based offerings and second-generation cloud infrastructure. If the $2.8 billion restructuring program reduces lower-growth costs and enables Oracle to redirect personnel and capital toward AI infrastructure, the near-term earnings pressure could support stronger operating leverage later as cloud revenue scales.
More importantly, the restructuring is occurring against evidence that AI demand is already translating into contracted revenue. Oracle added more than $30 billion of AI cloud contracts in one quarter, pushing its backlog to $664 billion, above the $639.89 billion ****** yst estimate. Management said most of the newly contracted revenue would not require substantial incremental capital because customers are using prepayments or supplying their own hardware. That is particularly important because Oracle's biggest weakness has been the mismatch between rapid infrastructure investment and current cash generation. If customer-funded capacity continues to reduce Oracle's upfront capital burden, the company could convert its huge backlog into revenue without proportionally increasing its cash burn.
The early financial evidence also supports the possibility that the AI strategy is beginning to improve Oracle's growth profile. Revenue in the recent quarter rose 30% year over year to $19.3 billion, adjusted EPS reached $1.92 versus the $1.74 ****** yst consensus, and Oracle Corporation (NYSE:ORCL) raised its fiscal 2027 adjusted EPS forecast from $8.05 to $8.10. Meanwhile, first-quarter free cash flow of negative $5.4 billion was substantially better than both the expected negative $9.56 billion and the previous-quarter negative $11.48 billion. If this trajectory continues, the $700 mi
25 days ago
Oracle disclosed in a regulatory filing that it is expanding its planned job cuts by approximately $700 million, bringing the total estimated cost of its 2026 Restructuring Plan to roughly $2.8 billion as the company presses forward with a costly AI data center buildout.
The additional costs reflect "additional actions that we expect to take," the company said. The plan, approved during fiscal 2026, encompasses severance payments, contract termination fees, and related exit costs, with a portion of the reduction linked to how Oracle is deploying AI across parts of its business.
Through August 31, Oracle had recorded roughly $2.1 billion in charges against the plan. The expansion was disclosed after the close of the company's fiscal first quarter, which ended August 31.
The restructuring push is unfolding as Oracle absorbs a steep rise in capital spending. Cash used for capital expenditures climbed to $28.5 billion in the quarter ended August 31, up from $8.5 billion in the same period a year earlier, the company said, driven by expansion of its data centers. Oracle reported negative free cash flow of $5.4 billion for the quarter.
To fund its buildout, the company said it raised $19.9 billion by selling approximately 141 million shares of common stock through an at-the-market offering program during the quarter. Oracle has said it plans to raise approximately $40 billion through a combination of debt and equity in its current fiscal year.
#plan #restructuring
The additional costs reflect "additional actions that we expect to take," the company said. The plan, approved during fiscal 2026, encompasses severance payments, contract termination fees, and related exit costs, with a portion of the reduction linked to how Oracle is deploying AI across parts of its business.
Through August 31, Oracle had recorded roughly $2.1 billion in charges against the plan. The expansion was disclosed after the close of the company's fiscal first quarter, which ended August 31.
The restructuring push is unfolding as Oracle absorbs a steep rise in capital spending. Cash used for capital expenditures climbed to $28.5 billion in the quarter ended August 31, up from $8.5 billion in the same period a year earlier, the company said, driven by expansion of its data centers. Oracle reported negative free cash flow of $5.4 billion for the quarter.
To fund its buildout, the company said it raised $19.9 billion by selling approximately 141 million shares of common stock through an at-the-market offering program during the quarter. Oracle has said it plans to raise approximately $40 billion through a combination of debt and equity in its current fiscal year.
#plan #restructuring
27 days ago
Girona lost 1-2 against Castellón at Montilivi in a match they had under control but let slip away in the final stretch. The Girona team took an early lead but ended up paying a high price for playing with ten men for more than half an hour.
Quique Álvarez's team started with determination and found their reward in the 7th minute. Zamorano capitalized on a rebound from the visiting goalkeeper to score a volley and make it 1-0. Shortly after, however, Bryan Gil had to leave the field due to muscle discomfort, a setback that disrupted the home team's plans.
Girona held off the advances of a Castellón side that gradually gained ground but managed to reach halftime in the lead. In the second half, the match definitively turned when Abel Ruiz received a second yellow card, leaving the team with ten players.
With a numerical advantage, Castellón increasingly dominated Girona, who defended their lead as best they could. However, their resistance crumbled in the final moments. Sienra scored the 1-1 in the 85th minute, and just five minutes later, Álvaro García completed the comeback with the 1-2.
Girona tried until the end but could not find the goal that would have allowed them to salvage at least a point. A painful defeat at Montilivi, after a match that Girona had in their hands but ultimately lost due to being a man down and Castellón's late surge.
#girona #montilivi
Quique Álvarez's team started with determination and found their reward in the 7th minute. Zamorano capitalized on a rebound from the visiting goalkeeper to score a volley and make it 1-0. Shortly after, however, Bryan Gil had to leave the field due to muscle discomfort, a setback that disrupted the home team's plans.
Girona held off the advances of a Castellón side that gradually gained ground but managed to reach halftime in the lead. In the second half, the match definitively turned when Abel Ruiz received a second yellow card, leaving the team with ten players.
With a numerical advantage, Castellón increasingly dominated Girona, who defended their lead as best they could. However, their resistance crumbled in the final moments. Sienra scored the 1-1 in the 85th minute, and just five minutes later, Álvaro García completed the comeback with the 1-2.
Girona tried until the end but could not find the goal that would have allowed them to salvage at least a point. A painful defeat at Montilivi, after a match that Girona had in their hands but ultimately lost due to being a man down and Castellón's late surge.
#girona #montilivi
27 days ago
Santos FC and Umbro, the Club's official sponsor, are launching the Club's new third kit for the season. Built around the concept "Go with determination," one of the chants sung by the fans in the stands, the jersey seeks to revive elements from a season marked by the strength, resilience, and fighting spirit of the Santos side.
The inspiration comes from the 1997 kit, a year in which Santos FC fielded a team of widely recognized technical quality and built its journey throughout the season with determination in the face of challenges. The new kit transforms that spirit into a contemporary reinterpretation, connecting memory and tradition with a more modern visual proposal.
"The launch of the number 3 kit strengthens Santos FC's connection with its history and with a period of great emotion. More than that, it reinforces its bond with the fans and with a chant that represents encouragement and motivation for our players. The phrase 'Go with determination' has been part of great victories and historic comebacks. Santos FC and Umbro have maintained a long partnership, focused on the club and especially on our fans. In practice, it is a tribute to and recognition of the strength that comes from the stands. It will certainly be another success story," said Marcelo Teixeira, president of Santos FC.
Predominantly black, the jersey embraces a low-contrast aesthetic and a minimalist look, with white details and a jacquard fabric that combines matte and glossy finishes. The effect creates a subtle texture throughout the garment and reinforces the model's refined proposal.
One of the main highlights is the modern reinterpretation of the crest used by Santos FC in 1997, an element that creates a direct link to the kit's historical inspiration. In the Player version, the crest is applied in TPU, while the version intended for fans uses a woven application.
#santos #jersey #spirit
The inspiration comes from the 1997 kit, a year in which Santos FC fielded a team of widely recognized technical quality and built its journey throughout the season with determination in the face of challenges. The new kit transforms that spirit into a contemporary reinterpretation, connecting memory and tradition with a more modern visual proposal.
"The launch of the number 3 kit strengthens Santos FC's connection with its history and with a period of great emotion. More than that, it reinforces its bond with the fans and with a chant that represents encouragement and motivation for our players. The phrase 'Go with determination' has been part of great victories and historic comebacks. Santos FC and Umbro have maintained a long partnership, focused on the club and especially on our fans. In practice, it is a tribute to and recognition of the strength that comes from the stands. It will certainly be another success story," said Marcelo Teixeira, president of Santos FC.
Predominantly black, the jersey embraces a low-contrast aesthetic and a minimalist look, with white details and a jacquard fabric that combines matte and glossy finishes. The effect creates a subtle texture throughout the garment and reinforces the model's refined proposal.
One of the main highlights is the modern reinterpretation of the crest used by Santos FC in 1997, an element that creates a direct link to the kit's historical inspiration. In the Player version, the crest is applied in TPU, while the version intended for fans uses a woven application.
#santos #jersey #spirit
27 days ago
Nebraska volleyball schedule 2026: Dates, times, TV channels, live streams for Huskers home and away matches originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Fall sports season is back, which means it's time for women's college volleyball. As always, one of the nation's top programs is ready to dominate — get ready for Nebraska to hit the court.
Even with a lethal core squad, the Huskers fell short of a ***** le last year, losing to eventual champions Texas A&M in the Elite Eight. Prior to the regional final, Nebraska had sat strongly at the top of the national polls as it won 33 consecutive matches.
But a curtain call is looming for this era of Nebraska volleyball, as many of the program's star players are heading into their senior year. Outside hitter Harper Murray, middle blocker Andi Jackson, setter Bergen Reilly and libero Laney Choboy will all have an extra sense of determination as they look to secure a national ***** le before graduating.
Nebraska ranked No. 1 in the preseason AVCA coaches poll. Can Dani Busboom-Kelly lead the Huskers to a ***** le in her second year at the helm?
#volleyball #sporting #national
Fall sports season is back, which means it's time for women's college volleyball. As always, one of the nation's top programs is ready to dominate — get ready for Nebraska to hit the court.
Even with a lethal core squad, the Huskers fell short of a ***** le last year, losing to eventual champions Texas A&M in the Elite Eight. Prior to the regional final, Nebraska had sat strongly at the top of the national polls as it won 33 consecutive matches.
But a curtain call is looming for this era of Nebraska volleyball, as many of the program's star players are heading into their senior year. Outside hitter Harper Murray, middle blocker Andi Jackson, setter Bergen Reilly and libero Laney Choboy will all have an extra sense of determination as they look to secure a national ***** le before graduating.
Nebraska ranked No. 1 in the preseason AVCA coaches poll. Can Dani Busboom-Kelly lead the Huskers to a ***** le in her second year at the helm?
#volleyball #sporting #national
29 days ago
BERLIN (AP) — The Swiss federal intelligence service on Thursday published a 200-page dossier on the notorious ******* war criminal Josef Mengele, the German doctor known as the "Angel of Death" for conducting horrific medical experiments on prisoners at Auschwitz.
During World War II, Mengele served at the Auschwitz extermination camp in ******* -occupied Poland, where about 1.1 million people were killed, approximately 1 million of them Jews. He became infamous for carrying out brutal medical experiments on inmates, including children, under the guise of scientific research.
After the war, Mengele obtained a Red Cross travel document under a false identity, allowing him to leave Europe. Like many former ******* officials, he spent years in hiding in Latin America while being pursued internationally for his crimes. He drowned in 1979 while swimming on the coast of Brazil.
The documents released by Swiss authorities include material provided to police suggesting that Mengele may have returned to Switzerland after initially fleeing Germany, or may have been planning to enter the country under a false name, according to the German news agency dpa.
Historians seeking to establish whether Mengele spent time in Switzerland while being pursued as a war criminal, without Swiss authorities catching him, had long sought access to the files.
#swiss #german #million
During World War II, Mengele served at the Auschwitz extermination camp in ******* -occupied Poland, where about 1.1 million people were killed, approximately 1 million of them Jews. He became infamous for carrying out brutal medical experiments on inmates, including children, under the guise of scientific research.
After the war, Mengele obtained a Red Cross travel document under a false identity, allowing him to leave Europe. Like many former ******* officials, he spent years in hiding in Latin America while being pursued internationally for his crimes. He drowned in 1979 while swimming on the coast of Brazil.
The documents released by Swiss authorities include material provided to police suggesting that Mengele may have returned to Switzerland after initially fleeing Germany, or may have been planning to enter the country under a false name, according to the German news agency dpa.
Historians seeking to establish whether Mengele spent time in Switzerland while being pursued as a war criminal, without Swiss authorities catching him, had long sought access to the files.
#swiss #german #million
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1 month ago
Cricket Australia (CA) has opened the door to private investment in the Big Bash League (BBL), with the Melbourne Renegades set to become the first franchise offered for sale from the 2027-28 season.
The decision comes after months of discussions between Cricket Australia and Australia's state cricket ***** ociations over the future of the domestic T20 competition.
At a press conference at the SCG on Tuesday afternoon, CA confirmed that the Renegades will be the first BBL franchise to enter the private ownership process. Other BBL and WBBL teams could also be offered for sale in the future under a "self-determination" model.
The governing body said the move is aimed at bringing private investment into the T20 competition and strengthening the financial position of Australian cricket as players and teams are increasingly being drawn towards lucrative leagues around the world.
"CA will invite bids from private owners for the Renegades with a view to them playing the 2027-28 season under new ownership," the governing body said in a statement on Tuesday.
"Beginning the sales process for the Renegades allows us to take the first step in a self-determination model for our members and represents a defining moment for the game," said Cricket Australia chair Mike Baird.
"This is a significant decision that has involved an enormous amount of ***** ysis, discussion and collaboration over many months."
CA said other franchises could be put on the market at a later stage.
"Pending the result of that process, CA will consider taking other clubs to market under a self-determination model that gives each state member the ability to ***** s the optimal pathway for its own club and community."
According to cricket.com.au, Hobart Hurricanes, Perth Scorchers and Melbourne Stars are among the other clubs believed to be interested in private investment.
The Renegades are owned by Cricket Victoria, which supported CA's original plan. They won the BBL ***** le in the 2018-19 season.
The move comes as CA looks to strengthen its finances. Despite a boost in revenue from hosting a five-Test series against India, the game's biggest financial market, CA reported a net deficit of A$11.3 million for the 2024-25 financial year.
"By opening the door to private investment in the Big Bash Leagues, Cricket Australia is taking a deliberate step to strengthen and secure the long-term future of the game," CA Chairman Mike Baird said in Tuesday's statement.
Australia Prime Minister Anthony Albanese announced in July that December's BBL 2026-27 season opener between the Renegades and Perth Scorchers would take place in the Chennai.
While CA is allowing private ownership, it will continue to control key areas of the competition. Baird said the governing body will retain control over international scheduling, player availability, salary caps and media rights.
CA will also have the power to approve or veto investors and set a reserve price for
The decision comes after months of discussions between Cricket Australia and Australia's state cricket ***** ociations over the future of the domestic T20 competition.
At a press conference at the SCG on Tuesday afternoon, CA confirmed that the Renegades will be the first BBL franchise to enter the private ownership process. Other BBL and WBBL teams could also be offered for sale in the future under a "self-determination" model.
The governing body said the move is aimed at bringing private investment into the T20 competition and strengthening the financial position of Australian cricket as players and teams are increasingly being drawn towards lucrative leagues around the world.
"CA will invite bids from private owners for the Renegades with a view to them playing the 2027-28 season under new ownership," the governing body said in a statement on Tuesday.
"Beginning the sales process for the Renegades allows us to take the first step in a self-determination model for our members and represents a defining moment for the game," said Cricket Australia chair Mike Baird.
"This is a significant decision that has involved an enormous amount of ***** ysis, discussion and collaboration over many months."
CA said other franchises could be put on the market at a later stage.
"Pending the result of that process, CA will consider taking other clubs to market under a self-determination model that gives each state member the ability to ***** s the optimal pathway for its own club and community."
According to cricket.com.au, Hobart Hurricanes, Perth Scorchers and Melbourne Stars are among the other clubs believed to be interested in private investment.
The Renegades are owned by Cricket Victoria, which supported CA's original plan. They won the BBL ***** le in the 2018-19 season.
The move comes as CA looks to strengthen its finances. Despite a boost in revenue from hosting a five-Test series against India, the game's biggest financial market, CA reported a net deficit of A$11.3 million for the 2024-25 financial year.
"By opening the door to private investment in the Big Bash Leagues, Cricket Australia is taking a deliberate step to strengthen and secure the long-term future of the game," CA Chairman Mike Baird said in Tuesday's statement.
Australia Prime Minister Anthony Albanese announced in July that December's BBL 2026-27 season opener between the Renegades and Perth Scorchers would take place in the Chennai.
While CA is allowing private ownership, it will continue to control key areas of the competition. Baird said the governing body will retain control over international scheduling, player availability, salary caps and media rights.
CA will also have the power to approve or veto investors and set a reserve price for
1 month ago
The decision will see the planned closure of Cone Denim's Jiaxing facility in Zhejiang province, marking a major step in its ongoing strategic transformation.
Cone Denim says the withdrawal follows a "comprehensive review" of its manufacturing footprint, the global denim market and changes in customer sourcing needs.
Recent changes in global trade, evolving customer strategies, cost pressures, supply chain considerations and broader geopolitical circumstances all contributed to the determination to curtail denim production in China.
Cone Denim president Steve Maggard explained: "We are positioning Cone Denim for its next chapter of success, with a clear priority to continue delivering for our customers with the quality, innovation, reliability, and service that have defined Cone Denim for generations.
"Closing the China facility was a difficult but necessary decision as we position Cone Denim for long-term competitiveness in a changing global market. While this marks a significant change in our manufacturing network, our commitment to serving customers remains unchanged, and we are committed to supporting our customers, employees, suppliers, and local stakeholders through this transition with transparency, care, and disciplined execution."
#global #changes
Cone Denim says the withdrawal follows a "comprehensive review" of its manufacturing footprint, the global denim market and changes in customer sourcing needs.
Recent changes in global trade, evolving customer strategies, cost pressures, supply chain considerations and broader geopolitical circumstances all contributed to the determination to curtail denim production in China.
Cone Denim president Steve Maggard explained: "We are positioning Cone Denim for its next chapter of success, with a clear priority to continue delivering for our customers with the quality, innovation, reliability, and service that have defined Cone Denim for generations.
"Closing the China facility was a difficult but necessary decision as we position Cone Denim for long-term competitiveness in a changing global market. While this marks a significant change in our manufacturing network, our commitment to serving customers remains unchanged, and we are committed to supporting our customers, employees, suppliers, and local stakeholders through this transition with transparency, care, and disciplined execution."
#global #changes
1 month ago
Reuters reported that Solstice Advanced Materials, Inc. (NASDAQ:SOLS) and Element Solutions Inc (NYSE:ESI) mutually agreed to terminate their $14.5 billion merger agreement, the companies said on August 27, citing feedback from shareholders on both sides who preferred each to stay independent. Neither side will pay a termination fee.
Solstice Chairman Rajeev Gautam said the company valued that feedback, including shareholders' "excitement about Solstice's strategy and growth trajectory as an independent company." Solstice's board also authorized its first-ever buyback, up to $500 million, and reaffirmed its recently raised guidance. Solstice shares jumped 15% in after-hours trading, while Element gained 4%. The deal, announced July 6 just 10 months after Solstice's Honeywell spin-off, would have combined Solstice's refrigerants and specialty materials businesses with Element's electronics chemicals operations, paying Element holders $10 cash plus 0.5 Solstice shares per share. The original announcement got a rough welcome: Solstice fell nearly 15% that day, which CEO David Sewell blamed on arbitrage trading, not doubts about the deal.
Both companies continue to perform strongly on their own. Solstice's second-quarter net sales rose 11% to $1.148 billion, and the company raised its full-year sales guidance to $4.125 billion-$4.185 billion. Element delivered an even stronger quarter, with record net sales up 56% to $978 million and full-year adjusted EBITDA guidance raised to $690 million-$710 million.
Solstice Advanced Materials, Inc. (NASDAQ:SOLS) sheds significant deal risk by walking away. The termination removes the financing and merger risks linked to the acquisition and eliminates the need to use the $4.685 billion bridge facility. It also lets Solstice maintain its 1.3x net leverage. Its new $500 million buyback, the company's first ever, also gives Solstice a direct way to return capital to shareholders while it focuses on organic growth.
Element Solutions Inc (NYSE:ESI) also maintains the strengths that its shareholders wanted to preserve. Chairman Ian Ashken said investors valued Element's management team, culture, and existing business portfolio. CEO Benjamin Gliklich said the company's growth remains compelling. Remaining independent allows Element to continue investing in its existing businesses and pursuing its own growth strategy without taking on the risks of a larger combination.
#billion #million #Growth
Solstice Chairman Rajeev Gautam said the company valued that feedback, including shareholders' "excitement about Solstice's strategy and growth trajectory as an independent company." Solstice's board also authorized its first-ever buyback, up to $500 million, and reaffirmed its recently raised guidance. Solstice shares jumped 15% in after-hours trading, while Element gained 4%. The deal, announced July 6 just 10 months after Solstice's Honeywell spin-off, would have combined Solstice's refrigerants and specialty materials businesses with Element's electronics chemicals operations, paying Element holders $10 cash plus 0.5 Solstice shares per share. The original announcement got a rough welcome: Solstice fell nearly 15% that day, which CEO David Sewell blamed on arbitrage trading, not doubts about the deal.
Both companies continue to perform strongly on their own. Solstice's second-quarter net sales rose 11% to $1.148 billion, and the company raised its full-year sales guidance to $4.125 billion-$4.185 billion. Element delivered an even stronger quarter, with record net sales up 56% to $978 million and full-year adjusted EBITDA guidance raised to $690 million-$710 million.
Solstice Advanced Materials, Inc. (NASDAQ:SOLS) sheds significant deal risk by walking away. The termination removes the financing and merger risks linked to the acquisition and eliminates the need to use the $4.685 billion bridge facility. It also lets Solstice maintain its 1.3x net leverage. Its new $500 million buyback, the company's first ever, also gives Solstice a direct way to return capital to shareholders while it focuses on organic growth.
Element Solutions Inc (NYSE:ESI) also maintains the strengths that its shareholders wanted to preserve. Chairman Ian Ashken said investors valued Element's management team, culture, and existing business portfolio. CEO Benjamin Gliklich said the company's growth remains compelling. Remaining independent allows Element to continue investing in its existing businesses and pursuing its own growth strategy without taking on the risks of a larger combination.
#billion #million #Growth
1 month ago
Iliman Ndiaye has explained why he turned down Tottenham to join Manchester City by saying his determination to play Champions League football counted against Spurs.
The Senegalese winger completed a £60m move from Everton to City on deadline day but only after Tottenham were the first to bid for him.
Spurs were discussing a £60m move for Ndiaye – with Richarlison returning to Everton for £35m in a separate deal – but as soon as City showed an interest, the former Sheffield United player decided not to join a club that finished 17th in each of the last two seasons.
"For me it was always going to be City," he said. "I wanted Champions League and playing at one of the best teams in the world. I'm not saying Tottenham is not, but when Manchester City comes through, you don't say no.
"This is where I think I belong. I've worked hard to get to this point. When I was speaking with my wife, I was telling her if I had to leave Everton it would be somewhere where I know I would be playing Champions League."
#champions #league #ndiaye #join
The Senegalese winger completed a £60m move from Everton to City on deadline day but only after Tottenham were the first to bid for him.
Spurs were discussing a £60m move for Ndiaye – with Richarlison returning to Everton for £35m in a separate deal – but as soon as City showed an interest, the former Sheffield United player decided not to join a club that finished 17th in each of the last two seasons.
"For me it was always going to be City," he said. "I wanted Champions League and playing at one of the best teams in the world. I'm not saying Tottenham is not, but when Manchester City comes through, you don't say no.
"This is where I think I belong. I've worked hard to get to this point. When I was speaking with my wife, I was telling her if I had to leave Everton it would be somewhere where I know I would be playing Champions League."
#champions #league #ndiaye #join
1 month ago
Mikel Arteta hailed a "beautiful" win after **** nal came from behind to beat Chelsea 2-1 at the Emirates Stadium.
The Premier League champions required a response after conceding for the first time this season, Morgan Rogers stunning home fans into silence with a volleyed goal after 77 seconds before the hosts hit back against a Chelsea side still finding its feet under Xabi Alonso.
Kai Havertz netted for the third time against his old club to equalise midway through the first half – a near-post effort that perhaps ought to have been kept out by Emiliano Martinez – then produced a sumptuous dummy to clear Martin Odegaard's path to goal, with the captain lashing home the winner in the 50th minute.
"I think it was an exceptional performance," said Arteta. "I enjoyed every minute of it, from the beginning to the end. The beginning was tough but I enjoyed it because the team reacted in a spectacular way. The determination, the quality. It was beautiful. It was a fascinating game for the spectator.
"I think it's an indication for us of how capable we are to perform at an even higher level than last season. We still have a lot to grow and a lot to offer."
#season #minute
The Premier League champions required a response after conceding for the first time this season, Morgan Rogers stunning home fans into silence with a volleyed goal after 77 seconds before the hosts hit back against a Chelsea side still finding its feet under Xabi Alonso.
Kai Havertz netted for the third time against his old club to equalise midway through the first half – a near-post effort that perhaps ought to have been kept out by Emiliano Martinez – then produced a sumptuous dummy to clear Martin Odegaard's path to goal, with the captain lashing home the winner in the 50th minute.
"I think it was an exceptional performance," said Arteta. "I enjoyed every minute of it, from the beginning to the end. The beginning was tough but I enjoyed it because the team reacted in a spectacular way. The determination, the quality. It was beautiful. It was a fascinating game for the spectator.
"I think it's an indication for us of how capable we are to perform at an even higher level than last season. We still have a lot to grow and a lot to offer."
#season #minute
1 month ago
Chennai: Veteran India speedster Mohammed Shami maybe out of India reckoning for now, but he still refuses to give up. When East Zone play South Zone in the Duleep final at the MA Chidambaram Stadium here on Sunday, the 36-year-old will be appearing in his 100th First-Class match, with a prolific record of 382 wickets so far.
East Zone skipper Ishan Kishan was effusive in his praise of the senior bowler on the eve of the **** le clash, stressing that age remains irrelevant when backed by exceptional work ethic and fierce determination.
"For Shami, age is just a number. If he is working hard, it doesn't matter. Having someone like him in our team gives us immense confidence. His approach towards the game, his intensity, and his energy this season have been very different from how I've seen him in the past," Kishan said after a practice session.
Comparing this version of Shami to his sensational 24-wicket run at the 2023 ODI World Cup, Kishan stressed on the pacer's sheer appetite for a national comeback.
"It is 2026 now, three years since that World Cup. It is hard when you are not regularly playing for the Indian team to still summon that same motivation for domestic games...Who better than me can judge hunger right now? I see that hunger and drive in him, he wants to make that comeback and be part of the Indian squad again. You can see it in the way he helps me lead, constantly coming up with strategic options. You can instantly tell when a player is desperate to win you the match," the skipper added.
Kishan also hailed Shami's tireless attitude during East Zone's semifinal victory over Central Zone, where the veteran ran in and picked five wickets in the game.
"He is a legend of the game. Looking at his effort in the semifinal, as a captain, it felt incredible when Shami came up and asked for extra overs to break partnerships. That willingness gives a skipper immense confidence. Plus, he finished with two boundaries in the last game, so he's practically an allrounder nowadays," Kishan quipped.
South Zone captain Tilak Varma acknowledged the massive challenge awaiting his batting unit against Shami's probing spells with the red ball, but they are confident to face him.
"It will be great competition. We are up against a quality bowling attack led by Shami. Facing that calibre of bowling is why you love this sport," Tilak said.
#kishan #skipper #south #Indian
East Zone skipper Ishan Kishan was effusive in his praise of the senior bowler on the eve of the **** le clash, stressing that age remains irrelevant when backed by exceptional work ethic and fierce determination.
"For Shami, age is just a number. If he is working hard, it doesn't matter. Having someone like him in our team gives us immense confidence. His approach towards the game, his intensity, and his energy this season have been very different from how I've seen him in the past," Kishan said after a practice session.
Comparing this version of Shami to his sensational 24-wicket run at the 2023 ODI World Cup, Kishan stressed on the pacer's sheer appetite for a national comeback.
"It is 2026 now, three years since that World Cup. It is hard when you are not regularly playing for the Indian team to still summon that same motivation for domestic games...Who better than me can judge hunger right now? I see that hunger and drive in him, he wants to make that comeback and be part of the Indian squad again. You can see it in the way he helps me lead, constantly coming up with strategic options. You can instantly tell when a player is desperate to win you the match," the skipper added.
Kishan also hailed Shami's tireless attitude during East Zone's semifinal victory over Central Zone, where the veteran ran in and picked five wickets in the game.
"He is a legend of the game. Looking at his effort in the semifinal, as a captain, it felt incredible when Shami came up and asked for extra overs to break partnerships. That willingness gives a skipper immense confidence. Plus, he finished with two boundaries in the last game, so he's practically an allrounder nowadays," Kishan quipped.
South Zone captain Tilak Varma acknowledged the massive challenge awaiting his batting unit against Shami's probing spells with the red ball, but they are confident to face him.
"It will be great competition. We are up against a quality bowling attack led by Shami. Facing that calibre of bowling is why you love this sport," Tilak said.
#kishan #skipper #south #Indian
1 month ago
Ray Matthews is no stranger to extreme challenges - after all, when he turned 75 the keen runner marked the milestone by running the equivalent of 75 marathon distances in 75 days. Ten years on, his passion for running remains undimmed.
Matthews, from Rotherham, has now set his sights on taking part in next year's Bigfoot 200 ultra-marathon in the USA, whose 200-mile (322km) route will take him through Washington State's Cascade Mountains.
"I feel I can do it. I know I can do it," the 85-year-old says with determination.
"What I need to do now is to knuckle down and start big time training."
Age was not something Matthews said he ever thought about in terms of activity levels [RAY MATTHEWS]
#running #cascade
Matthews, from Rotherham, has now set his sights on taking part in next year's Bigfoot 200 ultra-marathon in the USA, whose 200-mile (322km) route will take him through Washington State's Cascade Mountains.
"I feel I can do it. I know I can do it," the 85-year-old says with determination.
"What I need to do now is to knuckle down and start big time training."
Age was not something Matthews said he ever thought about in terms of activity levels [RAY MATTHEWS]
#running #cascade
1 month ago
September 4 delivered a stark rotation. Memory, connectivity, chip-equipment, and power stocks rallied while Adobe fell 6.7% and Palantir dropped 4.5%. Adobe's decline followed news that Anil Chakravarthy will become chief executive on December 1, while Palantir faced a broader move away from richly valued software. Adobe Inc. (NASDAQ:ADBE) and Palantir Technologies Inc. (NASDAQ:PLTR) test whether investors are underestimating software monetization or correctly pricing greater disruption risk.
Adobe's bull case is embedded distribution across creative, document, and marketing workflows. Fiscal second-quarter revenue rose 13% to a record $6.62 billion, and AI-first annualized recurring revenue more than tripled to above $500 million. Chakravarthy already runs customer-experience orchestration, which could connect AI creation with enterprise activation. The bear case is that low-cost generative tools erode pricing, while its CEO and interim-CFO transitions complicate execution.
Insider Monkey counted 81 hedge funds holding Adobe Inc. (NASDAQ:ADBE) at June 30, down from 86 at March 31. Arrowstreet Capital, led by Peter Rathjens, Bruce Clarke, and John Campbell, disclosed 6,787,022 shares, roughly 0.1% fewer sequentially. The filing predates the leadership announcement.
Palantir's bull case is already visible in results. Second-quarter revenue grew 93% to $1.94 billion, U.S. commercial revenue rose 149%, and adjusted operating margin reached 62%. Its software can turn model output into governed operational decisions. The bear case is valuation, contract concentration, termination clauses, and the risk that current growth rates normalize as competitors improve.
Eighty-six hedge funds held Palantir Technologies Inc. (NASDAQ:PLTR) in Q2, down from 96 in Q1. Cathie Wood's ARK Investment Management reported 3,212,286 shares, about 3.3% more than in the prior quarter.
#revenue #chakravarthy #adbe
Adobe's bull case is embedded distribution across creative, document, and marketing workflows. Fiscal second-quarter revenue rose 13% to a record $6.62 billion, and AI-first annualized recurring revenue more than tripled to above $500 million. Chakravarthy already runs customer-experience orchestration, which could connect AI creation with enterprise activation. The bear case is that low-cost generative tools erode pricing, while its CEO and interim-CFO transitions complicate execution.
Insider Monkey counted 81 hedge funds holding Adobe Inc. (NASDAQ:ADBE) at June 30, down from 86 at March 31. Arrowstreet Capital, led by Peter Rathjens, Bruce Clarke, and John Campbell, disclosed 6,787,022 shares, roughly 0.1% fewer sequentially. The filing predates the leadership announcement.
Palantir's bull case is already visible in results. Second-quarter revenue grew 93% to $1.94 billion, U.S. commercial revenue rose 149%, and adjusted operating margin reached 62%. Its software can turn model output into governed operational decisions. The bear case is valuation, contract concentration, termination clauses, and the risk that current growth rates normalize as competitors improve.
Eighty-six hedge funds held Palantir Technologies Inc. (NASDAQ:PLTR) in Q2, down from 96 in Q1. Cathie Wood's ARK Investment Management reported 3,212,286 shares, about 3.3% more than in the prior quarter.
#revenue #chakravarthy #adbe
1 month ago
BATON ROUGE — Lane Kiffin arrived on the set of ESPN's College GameDay around 10 a.m. local time with a look of determination. He still flashed a peace sign at LSU fans who cheered him as he walked, but otherwise didn't break stride.
Draped in a white **** on down and grey slacks, Kiffin was several hours away from making his debut as Tigers head coach. But first, he had some questions to answer about a massive and consequential decision.
On Friday night, LSU decided not to add Dae'Quan Wright and Zxavian Harris to its final roster—a shocking turn after the players, as well as LSU itself, fought a legal battle for the right to take the field as Tigers.
Wright and Harris were just two of hundreds of college athletes who have sued the NCAA to challenge the implementation of its "age-based" eligibility policy, which offered a fifth year of eligibility to college athletes—but didn't include players from the freshman class of 2022 who had already completed, like them. But their lawsuit drew national news because they had signed NFL contracts, though both were waived before making regular-season roster. A multipart legal battle ensued after the SEC issued a ban on players with this NFL experience, and the players and LSU refused to back down.
In a Baton Rouge courthouse Thursday, players won an injunction to suit up Saturday—a court order that prevented both the NCAA and SEC from implementing its rules. During the nine-hour hearing—specifically when SEC commissioner Greg Sankey was on the stand—news broke that the conference had sued LSU in federal court in Alabama, adding another layer to the feud.
#baton #tigers #ncaa
Draped in a white **** on down and grey slacks, Kiffin was several hours away from making his debut as Tigers head coach. But first, he had some questions to answer about a massive and consequential decision.
On Friday night, LSU decided not to add Dae'Quan Wright and Zxavian Harris to its final roster—a shocking turn after the players, as well as LSU itself, fought a legal battle for the right to take the field as Tigers.
Wright and Harris were just two of hundreds of college athletes who have sued the NCAA to challenge the implementation of its "age-based" eligibility policy, which offered a fifth year of eligibility to college athletes—but didn't include players from the freshman class of 2022 who had already completed, like them. But their lawsuit drew national news because they had signed NFL contracts, though both were waived before making regular-season roster. A multipart legal battle ensued after the SEC issued a ban on players with this NFL experience, and the players and LSU refused to back down.
In a Baton Rouge courthouse Thursday, players won an injunction to suit up Saturday—a court order that prevented both the NCAA and SEC from implementing its rules. During the nine-hour hearing—specifically when SEC commissioner Greg Sankey was on the stand—news broke that the conference had sued LSU in federal court in Alabama, adding another layer to the feud.
#baton #tigers #ncaa
1 month ago
Humana (HUM) confirmed 600,000 affected members and UNH projects 1.1 million fewer enrollees as carriers cut lower-rated 2027 Medicare Advantage plans.
A plan termination triggers a rare guaranteed-issue Medigap window, but only for members who are returning to Original Medicare. Those switching to another Advantage plan do not qualify.
Nonrenewal notices arrive October 2, leaving only 66 days before Open Enrollment closes December 7. Members should save the letter and price both coverage paths immediately.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Somewhere inside the Centers for Medicare & Medicaid Services (CMS) sits the list of Medicare Advantage plans that will stop existing on December 31, 2026. Insurers submitted their 2027 bids in June. Wall Street **** ysts have dissected the implications on earnings calls all summer. The people enrolled in those plans will find out by mail.
#plans #plan #only #medigap
A plan termination triggers a rare guaranteed-issue Medigap window, but only for members who are returning to Original Medicare. Those switching to another Advantage plan do not qualify.
Nonrenewal notices arrive October 2, leaving only 66 days before Open Enrollment closes December 7. Members should save the letter and price both coverage paths immediately.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Somewhere inside the Centers for Medicare & Medicaid Services (CMS) sits the list of Medicare Advantage plans that will stop existing on December 31, 2026. Insurers submitted their 2027 bids in June. Wall Street **** ysts have dissected the implications on earnings calls all summer. The people enrolled in those plans will find out by mail.
#plans #plan #only #medigap
1 month ago
On August 5, Southwest Gas Holdings (NYSE:SWX) reported second quarter results for the period ended June 30 and reaffirmed its full year 2026 guidance. Net income attributable to the company reached $42.1 million, a sharp turnaround from a $40.2 million loss in the same quarter of 2025. But the number that stood out was the Great Basin 2028 Expansion Project, where contracted demand has grown enough that management now expects capital costs of $2.3 billion instead of the $1.7 billion baked into current five year guidance.
Southwest Gas's growth story increasingly runs through Nevada. Binding precedent agreements for the Great Basin 2028 Expansion Project have grown to roughly 1 billion cubic feet per day of contracted demand, and the company has fielded another 1.8 billion cubic feet of expressions of interest for phases running from 2029 through 2035. Based on that demand, management now projects an annual margin of $270 million to $300 million once the pipeline is in service, on capital investment of about $2.3 billion.
Regulators have been cooperating too. California's Public Utilities Commission approved the non-cost-of-capital pieces of Southwest Gas's rate case, adding roughly $40 million of incremental annual revenue and triggering recognition of $9.7 million of previously deferred first-quarter income. Nevada regulators approved a Triennial Resource Plan with prudency pre-determinations for about $186 million of capital spending, and the company filed for a general rate case increase of roughly $74 million.
Arizona's new System Integrity Mechanism, effective April 1 this year, lets Southwest Gas recover safety and reliability spending faster, up to a $50 million annual cap. The company put $520 million into its network in the first six months of 2026, including $115 million toward Great Basin, and closed the quarter with $270.5 million in cash and nearly $1 billion in available liquidity.
Look past the headline swing to profit, and the picture gets murkier. The core natural gas distribution segment actually earned less this quarter, with its contribution to net income falling from $45.6 million a year earlier to $40.8 million, and its adjusted net income slipping from $33.7 million to $31 million. Depreciation and amortization rose $8.7 million, or 13%, as gas plant in service grew 7% year over year, a reminder that heavy pipeline spending shows up in expenses well before it shows up in rates.
#million #company #basin
Southwest Gas's growth story increasingly runs through Nevada. Binding precedent agreements for the Great Basin 2028 Expansion Project have grown to roughly 1 billion cubic feet per day of contracted demand, and the company has fielded another 1.8 billion cubic feet of expressions of interest for phases running from 2029 through 2035. Based on that demand, management now projects an annual margin of $270 million to $300 million once the pipeline is in service, on capital investment of about $2.3 billion.
Regulators have been cooperating too. California's Public Utilities Commission approved the non-cost-of-capital pieces of Southwest Gas's rate case, adding roughly $40 million of incremental annual revenue and triggering recognition of $9.7 million of previously deferred first-quarter income. Nevada regulators approved a Triennial Resource Plan with prudency pre-determinations for about $186 million of capital spending, and the company filed for a general rate case increase of roughly $74 million.
Arizona's new System Integrity Mechanism, effective April 1 this year, lets Southwest Gas recover safety and reliability spending faster, up to a $50 million annual cap. The company put $520 million into its network in the first six months of 2026, including $115 million toward Great Basin, and closed the quarter with $270.5 million in cash and nearly $1 billion in available liquidity.
Look past the headline swing to profit, and the picture gets murkier. The core natural gas distribution segment actually earned less this quarter, with its contribution to net income falling from $45.6 million a year earlier to $40.8 million, and its adjusted net income slipping from $33.7 million to $31 million. Depreciation and amortization rose $8.7 million, or 13%, as gas plant in service grew 7% year over year, a reminder that heavy pipeline spending shows up in expenses well before it shows up in rates.
#million #company #basin
1 month ago
Michigan Democratic U.S. Senate nominee Abdul El-Sayed suggested that reporters press him about the Israel-Hamas war because of his name and his faith.
Speaking on Detroit Public Radio's "MichMash" podcast, El-Sayed pushed back on host Zach Gorchow's line of questioning about the Israel-Hamas conflict, suggesting that his name and Muslim faith play a role in the media attention surrounding the issue.
"You've been asked many times whether you support a two-state solution regarding the Israeli-Palestinian conflict and you generally say you support equal rights to self-determination for Jewish Israelis and Palestinians," Gorchow said. "Can you tell us, what does that mean?"
Michigan Dem Hopeful Abdul El-sayed Jabs Cnn Giving Him 'Non-consensual Colonoscopy' In Recent Interviews
Michigan U.S. Sen candidate, Abdul El-Sayed, speaks with media after a debate at WoodTV studios on Tuesday, July 7, 2026, in Grand Rapids, Mich.
#faith
Speaking on Detroit Public Radio's "MichMash" podcast, El-Sayed pushed back on host Zach Gorchow's line of questioning about the Israel-Hamas conflict, suggesting that his name and Muslim faith play a role in the media attention surrounding the issue.
"You've been asked many times whether you support a two-state solution regarding the Israeli-Palestinian conflict and you generally say you support equal rights to self-determination for Jewish Israelis and Palestinians," Gorchow said. "Can you tell us, what does that mean?"
Michigan Dem Hopeful Abdul El-sayed Jabs Cnn Giving Him 'Non-consensual Colonoscopy' In Recent Interviews
Michigan U.S. Sen candidate, Abdul El-Sayed, speaks with media after a debate at WoodTV studios on Tuesday, July 7, 2026, in Grand Rapids, Mich.
#faith
1 month ago
UPDATE: Three weeks after news correspondent Matt Gutman was named in a wrongful termination lawsuit filed by a former ABC field producer, Gutman, now a chief correspondent with CBS News, is being dropped from the legal action.
In paperwork filed Friday in Los Angeles Superior Court, lawyers for the ex-ABC producer Samaira Said requested that Gutman, who previously worked alongside Said at ABC, be dismissed from her complaint. No reason was given in the court document as to why the request to drop Gutman is being made.
More from Deadline
Maria Bartiromo's Fox Exit "Self-Inflicted Wound"; Trump Praises "True Warrior" As Legal Threats & Accusations Of Host Sharing Insider Info Fly
Norah O'Donnell Returns To 'CBS Mornings'
#court #filed #producer #update
In paperwork filed Friday in Los Angeles Superior Court, lawyers for the ex-ABC producer Samaira Said requested that Gutman, who previously worked alongside Said at ABC, be dismissed from her complaint. No reason was given in the court document as to why the request to drop Gutman is being made.
More from Deadline
Maria Bartiromo's Fox Exit "Self-Inflicted Wound"; Trump Praises "True Warrior" As Legal Threats & Accusations Of Host Sharing Insider Info Fly
Norah O'Donnell Returns To 'CBS Mornings'
#court #filed #producer #update
1 month ago
On its face, France and India do not have much in common. France is a NATO ally; India has remained outside any alliance system. France had numerous colonies around the world and maintains relations with many of them since they achieved independence. India was not one of those countries — it was the jewel in the British crown.
Yet both states have a common self-perception as independent poles in a multipolar world.
Despite its membership of NATO, France's long-standing refusal to join NATO's nuclear planning group reflects both its determination to maintain the independence of its nuclear deterrent and policy of what president Emmanuel Macron calls "strategic autonomy." And he is extending a French nuclear umbrella to other European states.
India, like France, is a nuclear power. It too has long pursued an independent national security policy. New Delhi did have close military and economic relations with the Soviet Union and still is a major purchaser of Russian oil. Nevertheless, the former leader of the non-aligned group of nations has no formal alliances and does not seek any.
Although France and India have maintained good relations since India achieved independence in 1947, their ties reached a turning point in 1998. That was when India conducted five nuclear tests and Washington issued sanctions against India. France did not. Indeed, France upgraded its strategic relationship with India that year.
#since
Yet both states have a common self-perception as independent poles in a multipolar world.
Despite its membership of NATO, France's long-standing refusal to join NATO's nuclear planning group reflects both its determination to maintain the independence of its nuclear deterrent and policy of what president Emmanuel Macron calls "strategic autonomy." And he is extending a French nuclear umbrella to other European states.
India, like France, is a nuclear power. It too has long pursued an independent national security policy. New Delhi did have close military and economic relations with the Soviet Union and still is a major purchaser of Russian oil. Nevertheless, the former leader of the non-aligned group of nations has no formal alliances and does not seek any.
Although France and India have maintained good relations since India achieved independence in 1947, their ties reached a turning point in 1998. That was when India conducted five nuclear tests and Washington issued sanctions against India. France did not. Indeed, France upgraded its strategic relationship with India that year.
#since
