Third-party logistics provider Radiant Logistics beat fiscal fourth-quarter expectations Monday after the market closed. A volatile trade landscape is driving demand higher for its customs brokerage and compliance services. It also flagged further tightening in the domestic truckload and intermodal markets, which will propel financial results over time.
"While these market trends are not fully reflected in our results for the June quarter, we view these developments as constructive for our domestic operations in general and our U.S. Brokerage operations, in particular," said Bohn Crain, founder and CEO, in a news release. "If these trends continue, we believe they support a more broad-based and durable recovery for the domestic freight market."
The report sent shares of RLGT 16% higher in early trading on Tuesday versus the S&P 500, which was down 0.2%.
The Renton, Washington-based company reported revenue of $261 million for its fiscal fourth quarter, ended June 30. The result was 19% higher year over year and $30 million ahead of the consensus estimate.
Adjusted earnings per share of 15 cents ($7.4 million) were 4 cents higher y/y and 6 cents ahead of consensus. Disaster relief shipments following typhoons in the Western Pacific drove international airfreight results higher in the period.

#june

Everett, Washington-based Fortive Corporation (FTV) designs, develops, manufactures, and services professional and engineered products, software, and services. Valued at $16.7 billion by market cap, the company focuses on professional instrumentation, automation, sensing, and transportation technologies.
Companies worth $10 billion or more are generally described as "large-cap stocks," and FTV perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the scientific & technical instruments industry. FTV stands out for its strong brand recognition and leadership across its IOS, PT, and AHS segments. Its portfolio of established brands creates a durable moat that is hard to replicate, reflecting a sustained commitment to quality, innovation, and service, and supporting long-term growth and profitability.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.

#valued

Bitcoin faced this week's second major Washington catalyst on Sep. 16, with the Federal Reserve hiking the interest rates after the Senate failed to advance the CLARITY Act a day earlier.
The Federal Open Market Committee voted 12-0 to raise the federal funds target range by 25 basis points to 3.75%-4.00%, its first increase since 2023. The Fed said inflation "remains elevated" and that the move would support a timelier return to its 2% target.
The unanimous hike puts the central bank directly at odds with President Donald Trump, who has called for lower borrowing costs and said earlier this month that the U.S. "should be paying the lowest interest rate in the world."
The CLARITY Act, which would establish a federal market structure for digital ****** ets and clarify oversight between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), failed to advance Tuesday in a 49-50 Senate cloture vote. It needed 60 votes to proceed.
The Fed decision matters for Bitcoin because higher interest rates increase yields on lower-risk ****** ets and tighten financial conditions, typically creating a tougher environment for speculative ****** ets.

#senate

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

By Jacob Bogage
WASHINGTON, Sept 16 (Reuters) - The head of the U.S. Postal Service has told confidants that he is deeply discouraged by his job and wants to resign, according to four people familiar with his thinking, as the agency comes under scrutiny over financial losses and President Donald Trump's ‌effort to tighten rules on mail-in voting.
Postmaster General David Steiner, who took office in July 2025 after the White House forced out his predecessor, has ‌expressed frustration over a lack of help from the White House and Congress in addressing the mail service's long-running financial woes, the people said.
At the same time, the Postal Service was thrust to the center of a debate over the federal government's role in voting after Trump directed it in March to serve as a clearinghouse for mail ballots. The Supreme Court on Monday blocked the agency from implementing key elements of the plan, dealing the White House a significant setback.
The pressures culminated in a contentious June Senate hearing, where lawmakers from both parties interrogated Steiner over poor delivery service, Trump's ballot restrictions and his compensation.

#white #mail

Everett, Washington-based Fortive Corporation (FTV) designs, develops, manufactures, and services professional and engineered products, software, and services. Valued at $16.7 billion by market cap, the company focuses on professional instrumentation, automation, sensing, and transportation technologies.
Companies worth $10 billion or more are generally described as "large-cap stocks," and FTV perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the scientific & technical instruments industry. FTV stands out for its strong brand recognition and leadership across its IOS, PT, and AHS segments. Its portfolio of established brands creates a durable moat that is hard to replicate, reflecting a sustained commitment to quality, innovation, and service, and supporting long-term growth and profitability.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.

#Stock #everett #corporation #valued

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Every month, Washington releases a closely watched number intended to show Americans how quickly their living costs are changing.
But "Rich Dad Poor Dad" author Robert Kiyosaki says that number is not simply another piece of economic data. In his telling, it is evidence of a quiet theft that has already taken place.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A record 45% of central banks plan to grow gold reserves — and many investors are following suit. Get your free gold IRA guide from Priority Gold

#moneywise #poor

Bitcoin faced this week's second major Washington catalyst on Sep. 16, with the Federal Reserve hiking the interest rates after the Senate failed to advance the CLARITY Act a day earlier.
The Federal Open Market Committee voted 12-0 to raise the federal funds target range by 25 basis points to 3.75%-4.00%, its first increase since 2023. The Fed said inflation "remains elevated" and that the move would support a timelier return to its 2% target.
The unanimous hike puts the central bank directly at odds with President Donald Trump, who has called for lower borrowing costs and said earlier this month that the U.S. "should be paying the lowest interest rate in the world."
The CLARITY Act, which would establish a federal market structure for digital **** ets and clarify oversight between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), failed to advance Tuesday in a 49-50 Senate cloture vote. It needed 60 votes to proceed.
The Fed decision matters for Bitcoin because higher interest rates increase yields on lower-risk **** ets and tighten financial conditions, typically creating a tougher environment for speculative **** ets.

#federal #clarity #commission #failed

Washington's biggest question this week: Why is President Donald Trump so furiously against an AI slowdown in the wake of apocalyptic warnings from some top industry executives?
The clue is in one word — "hoax" — that he's using to ridicule fears that computerized agents could one day seek to destroy humanity.
When Trump reaches for the H-word, two things are usually happening: He's facing a controversy threatening his political or personal priorities, and he's lost control of the politics.
Trump has long dismissed climate change as a "hoax." So it was a tell that he went on social media to specifically draw an ******* ogy between a planet that is warming despite his denials and the calls for AI controls expressed by leaders in the industry.
By changing reality, Trump frees himself from an obligation to act. In energy policy, that means "drill, baby, drill." His administration has slashed regulation, pleasing oil industry donors. His rants against wind farms suggest he hankers for a 20th-century economy running on carbon.

#Trump #hoax #week

WASHINGTON (AP) — Republican Sen. Mitch McConnell of Kentucky returned to the Senate to vote on Monday for the first time in three months, looking noticeably more frail after he was hospitalized for a June fall in his home.
McConnell's lengthy absence from the Senate generated a flood of criticism and online speculation, as he initially remained quiet for weeks about his condition. The 84-year-old senator eventually disclosed a month later that he had been "briefly unconscious" due to the fall and had also been treated for mild pneumonia in the hospital.
He briefly addressed reporters Monday from a wheelchair outside the Senate chamber, smiling but speaking slowly and with some difficulty. McConnell joked that he wasn't sure how many reporters would be there after dodging so many questions during his almost two decades as leader.
He said he was back in the Senate to work on a pending farm bill and because he has an ongoing interest in NATO and "backing up our good friends who are totally in the fight against the Russians."
Reporters and photographers were told by Senate staff not to take video of his remarks in the second-floor hallway, even though video is often permitted in that area. Still images were allowed.

#mcconnell

By David Shepardson
WASHINGTON, Sept 16 (Reuters) - The U.S. Senate Commerce Committee approved legislation on Wednesday to bar government officials from pressuring private companies to censor speech, citing threats from the Trump administration ‌against late-night talk shows as evidence of efforts to stifle free expression.
The measure would allow citizens to ‌sue federal employees who pressure private companies into suppressing speech protected by the First Amendment to the U.S. Constitution, which guarantees free expression. Both Republicans and Democrats on the committee said the bill was needed to curb government overreach.
The committee approved the bill 18-10. It must still pass the full Senate, where it is unclear when it may be taken up, and the U.S. House of Representatives to become law.
Senator Maria Cantwell, the top Democrat on the panel, said the bill, if it had ‌been in effect, would have allowed Disney-owned ⁠ABC's late-night show host Jimmy Kimmel to file suit after Federal Communications Commission chair Brendan Carr last year pressured station owners to stop airing Kimmel's show following remarks about ⁠the ****** assination of conservative activist Charlie Kirk.

#approved #government #private

By Brad Brooks
COLUMBIA FALLS, Montana, Sept 16 (Reuters) - More than 15 years after the U.S. Supreme Court reshaped American politics with its Citizens United campaign finance ruling, Montana voters will decide this November whether to make their state the first in the nation to bar corporations from spending money on elections through a ballot initiative.
It's a test case for a novel legal strategy that sidesteps the 2010 ruling rather than challenging it head-on -- and taps into growing, bipartisan anger ‌over the pervasiveness of so-called dark money in elections.
"Americans are losing the belief that they have any influence over our politics," said Tom Moore, a lawyer with the Center for American Progress left-leaning think tank in Washington and the legal architect of ‌the movement.
With similar, coordinated efforts underway in over 30 states, Montana could help set a critical precedent, experts say, and potentially lead to another showdown at the Supreme Court. Hawaii's legislature passed a similar law earlier this year, inspired by those behind the effort here.

#court #similar

WASHINGTON (AP) — The Trump administration is stripping tens of millions of dollars in U.S. military ******* istance from countries in Europe and the Middle East to support conservative-leaning governments in Central and South America.
The State Department on Tuesday notified Congress that it will reprogram $52 million in foreign military financing from Slovakia, North Macedonia, Tunisia and Iraq to Panama, Peru, Ecuador and Colombia.
Secretary of State Marco Rubio visited Colombia, Ecuador and Peru last week and pledged to them additional support as the Trump administration has prioritized the Western Hemisphere in its foreign policy with an emphasis on combating drug trafficking and illegal immigration.
It is just the latest in a series of moves that have reduced either money or troop deployments to Europe in response to President Donald Trump's complaints about NATO allies not spending enough on their defense budgets and other matters. Both North Macedonia and Slovakia are NATO members.
But it also comes as the administration has put particular attention on the Western Hemisphere, aligning deeply with right-wing governments as Trump celebrates a renewal of the 19th century Monroe Doctrine establishing Washington's dominance in the Americas.

#Trump #Europe #slovakia

WASHINGTON (AP) — The United States has confirmed for the first time that it has deployed weapons in ******* e, a remarkable revelation after previous warnings about countries such as Russia possibly weaponizing a global frontier long agreed in treaties to be used for only peaceful purposes.
Air Force Secretary Troy Meink said Monday that the U.S. has fielded "on-orbit ******* e control weapons capable of defending the Joint Force against hostile adversary action."
Meink did not detail what the weapons were, how they work or if they were targeting other objects in ******* e or on Earth. The U.S. had warned two years ago that Russia was developing a new ******* e-based, anti-satellite weapon, though the White House said the danger wasn't imminent at the time.
But reports of the anti-satellite weapon reflected longstanding worries about ******* e threats from Russia and China, given that much U.S. infrastructure is dependent on satellite communications. The U.S. has also previously demonstrated its own abilities to shoot down satellites from Earth.
In his remarks to the Air and ******* e Forces ******* ociation's Air, ******* e & Cyber Conference, Meink also said the Air Force was adding more autonomous systems to its capabilities and predicted the service would look "radically different" by 2032. For example, he foresaw one-way attack drones replacing artillery as the "primary killer."

#space #earth

By Lucia Mutikani
WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded sharply in August as households boosted purchases of a range of goods while also spending more at restaurants and bars, reinforcing the economy's resilience even as consumers grow more anxious about high inflation.
The stronger-than-expected report from the Commerce Department on Wednesday prompted economists to upgrade their gross domestic product growth estimates for the third quarter. Together with ‌other data on Wednesday showing a surge in import prices last month, strong demand sealed the argument for a widely anticipated interest rate increase from the Federal Reserve later in the day, economists said.
The reports followed ‌data this month showing producer and consumer prices accelerated in August, while the labor market regained its poise after wobbling through much of summer.
"This reaffirms that the economy is more than capable of handling higher interest rates, providing the Fed plenty of scope to hike to get inflation under control," said Bradley Saunders, North America economist at Capital Economics.

#economists #data #month

On September 14, American Battery Technology Company (NASDAQ:ABAT) held its fiscal year 2026 earnings call, and for once the numbers matched the ambition. Revenue at its flagship recycling facility jumped more than 400% to $21.7 million, and the company posted its first-ever adjusted gross profit. But on the same call, CEO Ryan Melsert disclosed a federal directive that could choke off exports of one of the plant's key products, black mass, a reminder that ABAT's fortunes are still tied tightly to Washington.
Revenue jumped over 400% year over year to $21.7 million, fueled by higher throughput at the company's first recycling facility and increased sales of byproducts. Cost of goods sold rose only 67% over the same stretch, evidence that fixed costs are spreading across a much bigger volume of material. Even more telling, operating cash spend actually fell 16% even as throughput at the plant more than quadrupled. That combination pushed American Battery Technology to an adjusted gross profit of $1.7 million, a sharp turnaround from the $6.2 million loss it posted a year earlier.
The balance sheet tells a similar story. Cash climbed to $49.5 million as of June 30, 2026, and total ***** ets reached $133 million, up sharply from the prior year. The company also erased all of its long-term debt during the year, leaving it with a clean balance sheet heading into a period of heavy capital spending.
Growth plans are already in motion. A second recycling facility planned for the Southeast U.S., designed to process 100,000 tons of batteries a year, is backed by a $150 million grant from the Department of Energy, and a separate $10 million DOE grant is funding three next-generation recycling technologies. On the mining side, the Bureau of Land Management certified the company's plan of operations for its Tonopah lithium project in Nevada, home to an identified 21.3 million tons of lithium hydroxide, including 2.7 million tons of proven and probable reserves. The project also won a FAST-41 priority designation, intended to speed up federal permitting.
The clearest risk surfaced on the call itself. The US Department of Commerce issued a directive that effectively bans the export of black mass, the concentrated metal byproduct of battery recycling, unless a company obtains a specific exception. American Battery Technology has submitted a request for that exception, but as of the call, Commerce had not issued a formal response, and the company is storing black mass at its facility in the meantime.

#company #recycling #black

WASHINGTON, Sept 16 (Reuters) - U.S. homebuilder sentiment dropped to a one-year low in September as rising mortgage rates dampen demand for housing, a survey showed on Wednesday.
The ‌National **** ociation of Home Builders/Wells Fargo Housing Market index fell three points to 32 ‌this month, the lowest reading since September 2025, from 35 in August. The decline also reflected labor shortages amid an immigration crackdown as well as rising costs because of tariffs on imports.
Economists polled by Reuters had forecast the index easing to 34. Sentiment is likely to remain subdued in the months ahead as mortgage rates have been rising in tandem with the 10-year U.S. Treasury yield.
The 30-year fixed mortgage rate averaged 6.76% ‌last week, the highest level in ⁠more than a year, up from 6.71% in the prior week, data from mortgage finance firm Freddie Mac showed.
The 10-year government bond yield on Tuesday hit ⁠5.041%, the highest since July 2007, driven in part by expectations that the Federal Reserve would on Wednesday start raising interest rates to quell inflation that is being driven by the U.S.-Israel war with Iran. Longer-dated yields have also risen amid concerns over the nation's ballooning debt.

#housing

WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded more than expected in August as households stepped up purchases of motor vehicles and ‌stocked up for the new school year, reinforcing the economy's resilience ‌even as consumers grow more anxious about high inflation.
Retail sales jumped 1.2% last month after a revised 0.5% drop in July, which was the first decline in nine months, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, rebounding ‌0.8% after a previously reported ⁠0.6% drop in July. Estimates ranged from as low as a 0.2% gain to as high as a 1.1% increase.
Last ⁠month's increase also partially reflected higher gasoline prices, which lifted receipts at service stations.
Households have continued to spend despite stubbornly high inflation because of the oil price shock and supply chain strains from the U.S.-led war with Iran. Consumers have, however, ‌become more selective and are seeking lower-priced goods. Consumer sentiment deteriorated this month.
Spending is being supported by steady wage growth and recent stock market gains. Households are also saving less and tapping into their nest eggs. The strength in retail sales, together with elevated price pressures and a labor market that is ‌regaining its poise after wobbling through much of summer, further strengthens financial market expectations that the Federal Reserve will raise interest rates later on Wednesday.

#sales #wednesday

With the news that Philadelphia Eagles offensive lineman Landon ******* erson was being placed on IR with a knee injury, ******* erson himself seemed fine with the development — especially since, in the guard's view, he had no business being on the field in Week 1.
In an interview on Philadelphia's 94 WIP radio, which took place very shortly after the IR news landed, ******* erson offered a blunt ******* sment of his play in the Eagles' narrow 24-22 win over the Washington Commanders on Sunday.
"Honestly, (to) address the elephant in the room, I played like sh** yesterday," ******* erson said. "I was a complete liability yesterday and, again, that was my fault … I shouldn't be out there until I feel healthy."
Dickerson said that he got "rolled up on" in practice last month during training camp, but continued to push through the injury. Imaging on Monday confirmed that he had a bone bruise in his right knee.
Dickerson found out that he was being placed on IR while live on air: After being read a report from the Philadelphia Inquirer's Jeff McClane, who was the first to report the news, the Eagles' starting left guard admitted to WIP that he hadn't been officially told, but that he knew it "was kind of the plan."

#Eagles #yesterday

By Jason Lange
WASHINGTON, Sept 14 (Reuters) - President Donald Trump's public approval rating rose from a record low, while Americans voiced growing support for Democrats gaining power in the U.S. Congress in ‌a Reuters/Ipsos poll taken in the days after the Republican Party's first-ever midterm convention last week.
The ‌four-day poll showed 63% of Americans - including four in 10 Republicans and nine in 10 Democrats - disapproved of Trump's offer made in his convention speech that he would ensure all Americans get a $5,000 dividend if Republicans retain control of the U.S. Congress in November's midterm elections.
The survey gathered responses from 1,143 Americans nationwide and had a margin of error of 3 percentage points in either direction.
Some 35% of Americans give Trump a thumbs up for his performance in the White House, ‌up from 33% in an August ⁠28 to 31 Reuters/Ipsos poll, the lowest of his political career.

#ipsos #convention

Sep. 14—PULLMAN — Shortly after Washington State wrapped up its last game, a blowout road loss to Kansas State over the weekend to drop coach Kirby Moore's team to 0-2 to open the season, Cougar quarterback Caden Pinnick was short on words.
On some of the team's biggest problems on offense, Pinnick said only, "We just lost. Next question."
On what was holding back WSU's passing offense, which produced only 65 yards, Pinnick said, "Good team. We lost."
On whether he felt like offensive coordinator Matt Miller's playcalls were putting the team in the best positions to succeed, Pinnick said, "It's not for me to say. We just gotta get better."
On Monday, Pinnick led off his news conference addressing that postgame session, which lasted less than two minutes, saying it was "not quite the response that you want."

#offense

Like a majority of the rookie quarterbacks, even Patrick Mahomes had to start behind a veteran QB, who happened to be Alex Smith.
Smith moved to the Kansas City Chiefs after spending seven years in San Francisco. He had been with the team for four years at the time Mahomes was drafted.
A veteran in the league, starting Smith was the easy decision for the organization. However, he had already seen habits from Mahomes that convinced him about the QB's work ethic.
After one season of being on the bench, Mahomes was handed the reins of the team, and Smith was traded to the Washington Redskins. The rest is history, as the 30-year-old has gone on to achieve everything there is in the NFL going into Year 10.
The three-time Super Bowl champion is all set to make his return to the Chiefs lineup after recovering from an ACL/LCL injury that he suffered in December 2025.

#like

Eagles news: What Donovan McNabb wished Sean Mannion called more for Jalen Hurts appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
Donovan McNabb believes there is room for improvement regarding Sean Mannion's play-calling for Jalen Hurts in the Philadelphia Eagles' 24-22 win over the Washington Commanders on Sunday afternoon.
Hurts got the seventh season of his NFL career underway with the Eagle. He shines as one of the best quarterbacks in the league, having led the team to the Super Bowl in 2024.
Hurts had a solid day in the season opener, completing 14 out of 25 passes for 203 yards and three touchdowns while rushing seven times for 46 yards.
Watch sports LIVE with fuboTV (free trial)

#jalen #yards

The Eagles left their season opener with a victory, but the offensive line's uneven performance has now been followed by a significant personnel change. Philadelphia placed Landon ****** erson on injured reserve after the veteran left guard played through multiple ailments against Washington. Drew Kendall and Willie Lampkin are the leading candidates to replace him, although the Eagles could consider changing more than one position.
Here are four takeaways from the move.
Dickerson rarely looked comfortable against the Commanders. He played all 55 offensive snaps but surrendered three pressures, including a quarterback hit, and was penalized for holding. Those problems were part of a difficult afternoon for Philadelphia's interior protection. Washington repeatedly generated pressure through the middle and finished with three sacks.
Dickerson's performance should be viewed in the context of the physical issues he was trying to manage. He remained on the field for every offensive play, but he did not resemble the powerful and dependable blocker the Eagles have come to expect.
Kendall appears to be one of the most logical candidates to enter the starting lineup. His ability to play both center and guard gives Philadelphia flexibility, especially if the coaching staff wants to limit changes at once. The Eagles could place Kendall directly at left guard and leave Cam Jurgens at center and Tyler Steen at right guard. That would preserve continuity at four of the five starting positions.

#played

Recent trade acquisition Jaylen Brown is preparing for the 2026-27 NBA season, his first with the Philadelphia 76ers. Ahead of training camp, the former Boston Celtics forward was seen working out with famous shooting instructor Chris "Lethal Shooter" Matthews. Before Matthews became a famous coach, he played for Washington State and St. Bonaventure and also spent time in the NBA G-League.
In a video posted to social media, Brown was knocking down consecutive long-range attempts, giving Philadelphia fans something to cheer about prior to the team's season opener in October. Brown, who led the league in two-pointers attempted last season, is a career 35.8% shooter from beyond the arc. Last season, Brown shot slightly below that figure, converting on 34.7% of 3-point attempts.
Following a top-six finish in MVP voting a season ago, increased shooting efficiency from Brown will help him benefit as an off-ball contributor when LeBron James, Tyrese Maxey or Joel Embiid is in possession.
For more NBA content, check out the BasketBaltes podcast:
https://www.youtube.com/@B...

#league

On August 5, Clear Channel Outdoor Holdings Inc. (NYSE:CCO) reported second-quarter results that showed the billboard and airport advertising company accelerating just as it prepares to leave the public markets. On February 9, Clear Channel agreed to be acquired by an investor consortium advised by Mubadala Capital for $2.43 per share, a deal stockholders approved on May 12, and one expected to close by the end of the third quarter of 2026. Because of the pending Merger, Clear Channel skipped its usual earnings call and offered no forward guidance.
Consolidated revenue climbed 8.7% to $438.0 million in the quarter and 10.2% to $811.9 million over the first half, with the 2026 FIFA World Cup pulling in extra advertising spend across both of Clear Channel's segments. The America division, which houses the roadside billboard and street furniture business, grew revenue 7% to $324.3 million as demand from technology advertisers in the San Francisco/Bay Area market broadened out and digital billboard revenue rose 7.2% to $122 million. Airports revenue jumped 14% to $113.6 million, helped by strong demand at San Francisco
International Airport and digital sales that climbed 15.6% to $73.4 million, with national advertisers now accounting for 57.8% of that segment's revenue. Profitability grew even faster than the top line. Adjusted EBITDA rose 11.6% to $143.4 million for the quarter and 19% to $247.3 million for the first half, while Airports Segment Adjusted EBITDA jumped 22.8% to $29.9 million. Adjusted Funds From Operations climbed 61.6% to $44.9 million in the quarter, and for the first half it went from just $5 million a year ago to $51.5 million. On August 4, Clear Channel also closed the sale of its Spain business for about $132.3 million, proceeds it plans to put toward paying down debt.
The growth did not reach the bottom line. Clear Channel posted a loss from continuing operations of $10 million in the quarter, reversing a $6.3 million profit a year earlier, and the consolidated net loss came to $5 million versus net income of $10.6 million in the same period of 2025. Over six months, the loss from continuing operations widened 21.4% to $59.4 million. Costs rose alongside revenue. Direct operating and SG&A expenses increased 5.9% for the quarter, and Airports site lease expense alone jumped 12.0% to $67.1 million on higher minimum guaranteed payments and the renewed contract with the Metropolitan Washington Airports Authority.

#channel #revenue #airports #operations

Win or lose, any football game is sure to include some standout individual performances.
Luckily for us, the Jacksonville Jaguars obliterated the Cleveland Browns in Week 1, and there are plenty of game ****** to pass around.
Trevor Lawrence threw 4 touchdowns; Parker Washington had the coolest one of them; Foye Oluokun logged an interception and another pass breakup; Ventrell Miller had a team-high 9 tackles plus a sack and a forced fumble; and Josh Hines-Allen stuffed the stat sheet with 5 tackles, 1.5 sacks, a forced fumble, and a fumble recovery (on different plays!).
After the final whistle, we asked Jaguars fans to pick Big Cat Country's Player of the Week.
81% of voters chose Trevor Lawrence.

#fumble #week #game #forced

New York sports fans have suddenly been given a reason to feel optimistic across the board. The Jets and Giants both opened the 2026 NFL season with victories, something that had not happened since 2009.
And for Yankees fans, that particular piece of history is especially interesting because of what happened the last time New York's two NFL teams both started 1-0.
MORE: 3 NFL teams that should be worried after Week 1
Nov 4, 2009; Bronx, NY, USA; FILE PHOTO; New York Yankees shortstop Derek Jeter (2) holds up the World Series trophy after the Yankees won their 27th championship. The Yankees beat the Philadelphia Phillies 7-3 in game 6 of the 2009 World Series at Yankee Stadium. Mandatory Credit: H. Darr Beiser-USA TODAY Sports Credit: IMAGN IMAGES via Reuters Connect (Reuters)
The Jets opened the 2009 season by beating the Houston Texans 24-7, while the Giants defeated Washington 23-17. It was the last time both New York NFL teams won their season openers in the same year.

#yankees #york

Ex-OL mocks viral Sonny Styles video after Commanders LB trucks Saquon Barkley for sack appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
The Washington Commanders were inconsistent on offense during Sunday's 24-22 loss to the Philadelphia Eagles, just as many anticipated, but fans got to see one player exceed the expectations that a large portion of the public had set for him. After getting roasted for a perceived lack of strength during preseason play, which was captured via video, rookie linebacker Sonny Styles displayed eye-catching power in Philly.
The former Ohio State star bowled over 2024 Offensive Player of the Year Saquon Barkley before sacking Super Bowl 59 MVP Jalen Hurts. Retired offensive lineman Geoff Schwartz was quick to taunt the doubters following the thunderous play.
"So maybe that preseason week 1 'film review' mocking Styles wasn't indicative of how he might play in the regular season," the NFL ******* yst and podcast host quipped.
Watch sports LIVE with fuboTV (free trial)

#Commanders

WASHINGTON (AP) — President Donald Trump has agreed to a significant portion of a stringent ethics proposal that is part of broader cryptocurrency legislation headed for a key vote this week, according to three of the bill's main Republican authors.
The sweeping bill initially had just a provision included that would bar all federally elected officials and their spouses, as well as federal judges, from issuing digital ***** ets.
A core group of Democrats, as well as Sen. Thom Tillis, R-N.C., said that didn't go far enough to address conflict-of-interest issues they had with Trump's crypto wealth. Their votes would be needed to advance the bill in a key vote this Tuesday.
Tillis and Sen. Ruben Gallego, D-Ariz., along with several other Democrats, had demanded language that would allow state attorneys general to step in and enforce the law in addition to the Justice Department.
In announcing Trump's agreement, Republican Sens. Cynthia Lummis of Wyoming, Tim Scott of South Carolina and John Boozman of Arkansas said it includes a "meaningful role" for state attorneys general to play in enforcing the crypto measure should it become law.

#republican #vote #well #Crypto