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Securian Asset Management Inc. lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 18.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 45,020 shares of the company’s stock after selling 10,500 shares during the period. iShares Core S&P [...]
MTM Investment Management LLC reduced its position in GE Aerospace (NYSE:GE – Free Report) by 4.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,111 shares of the company’s stock after selling 253 shares during the quarter. MTM Investment Management LLC’s holdings in [...]
BHK Investment Advisors LLC grew its stake in Amgen Inc. (NASDAQ:AMGN – Free Report) by 8.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,659 shares of the medical research company’s stock after buying an additional 200 shares during [...]
Parker Investment Management LLC cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 19.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 92,782 shares of the company’s stock after selling 21,837 shares during the [...]
Bleakley Financial Group LLC raised its stake in GE Aerospace (NYSE:GE – Free Report) by 8.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,558 shares of the company’s stock after purchasing an additional 2,932 shares during the period. Bleakley Financial [...]
MTM Investment Management LLC trimmed its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 2.5% in the first quarter, Holdings Channel.com reports. The firm owned 14,596 shares of the company’s stock after selling 378 shares during the quarter. MTM Investment Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth [...]
Weatherly Asset Management L. P. acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,159 shares of the company’s stock, valued at approximately $262,000. Other large investors also recently [...]
American Bank (OTCMKTS:AMBK – Get Free Report) announced its earnings results on Monday. The company reported $0.65 earnings per share for the quarter, Zacks reports. American Bank Stock Up 0.2% AMBK stock traded up $0.03 during mid-day trading on Monday, hitting $14.95. 845 shares of the company were exchanged, compared to its average volume of [...]
RALEIGH, N.C. (WNCN) – While AI continues to reshape both the current and future job market, ResumeGenius put together a list of the 10 highest-paying, fastest-growing jobs that AI won't replace. This list was assembled with data from the Bureau of Labor Statistics and ResumeGenius' risk probability calculator. Number one is a computer and information [...]
Florida Financial Advisors LLC decreased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 6.9% during the 1st quarter, HoldingsChannel reports. The fund owned 10,555 shares of the company’s stock after selling 786 shares during the period. Florida Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were [...]
China And India Drive Global Demand For Air Conditioning Driven by population growth (and climate change apparently), global demand for air conditioning is set to explode in the coming decades. Statista's Katharina Buchholz reports that, according to the latest available estimates from the International Energy Agency, more than 2.4 billion air conditioners are in use worldwide this year.This number is expected to increase to 5.6 billion by 2050, with two markets driving the majority of the world's demand: China and India.You will find more infographics at StatistaThe number of air conditioners in service is also expected to increase eleven-fold in Indonesia and six-fold in Mexico between 2020 and 2050.Yet, the number of units remains relatively small in those countries compared to those expected to be added in the two major Asian growth markets.It is estimated that the world's air conditioners and fans together account for about 10 percent of global electricity consumption.By contrast, electric vehicles will account for 13 percent of global growing electricity needs, while heating will account for seven percent.You will find more infographics at StatistaUnless air conditioning technology becomes significantly more efficient, the rising energy demand associated with cooling poses a huge environmental challenge before the middle of the century. Tyler DurdenSun, 07/13/2025 - 22:45
BEIJING, July 13, 2025 /PRNewswire/ -- "Promoting sustainable development," "opposing unilateral trade measures," and "upholding multilateralism" have emerged as some of the key words at the just-concluded 17th BRICS Summit in Rio de Janeiro, Brazil. The international community closely...
U.S. Treasury yields were little changed on Monday morning after President Donald Trump announced additional tariffs of 30% on the European Union and Mexico over the weekend.At 5:52 a.m. ET, the 10-year Treasury yield held steady at 4.423%, and the 30-year yield was up just over a basis point at 4.971%. The 2-year yield was down 2 basis points, reaching 3.891%.One basis point is equal to 0.01% and yields and prices move in opposite directions.Tariff news continues to dominate as Trump announced additional levies over the weekend. This time, the president is threatening to impose 30% tariffs on the EU and Mexico, which will take effect on Aug. 1.He said that if the EU or Mexico retaliates with higher tariffs, “then, whatever the number you choose to raise them by, will be added on to the 30% that we charge.”Deutsche Bank analysts said in a note, “To be fair, a month ago Trump threatened the EU with a 50% tariff, so you might argue this is an improvement! The market will generally think this is mostly a negotiating tactic and that we’re unlikely to see such rates.“On the economic data front, investors will keenly await June’s inflation reading on Tuesday, followed by the producer price index on Wednesday, which will offer more clarity about the impact of tariffs on the economy.Investors are also on alert as Trump’s conflict with U.S. Federal Reserve Chair Jerome Powell comes into focus again, after National Economic Council Director Kevin Hassett said Sunday that the Trump administration could fire Powell “if there’s cause.”
Daytime Emmy-winning half-hour newsmagazine Extra has let go a number of staffers ahead of its forthcoming 32nd season, Deadline has confirmed. The decision is a result of an annual cataloguing that assesses staff structure and production processes and was not a performance-based. As Extra continues into its third decade, it seeks to revamp the show [...]
This is CNBC’s live blog covering European markets.European stocks open lower as investors react to latest tariff threatWe’re around 30 minutes into the first trading session of the week, and Europe-listed stocks are broadly edging lower as trading kicks off.The pan-European Stoxx 600 was last seen trading close to 0.5% lower, with most sectors in negative territory. Tariff-sensitive autos stocks led losses, with the Stoxx Europe Automobiles index shedding around 1%.Looking at major regional bourses, Germany’s DAX is leading the sell-off after moving 0.8% lower, while London’s FTSE 100 is bucking the regional trend to trade 0.2% higher.— Chloe TaylorEU official says bloc ‘very close to an agreement’ with U.S. on tradeJean-christophe Verhaegen | Afp | Getty ImagesEU commissioner for trade and economic security, interinstitutional relations and transparency, Maros Sefcovic, attends a press conference at the EU Council building in Luxembourg on April 7, 2025.EU Trade Commissioner Maros Sefcovic told reporters on Monday that U.S. President Donald Trump’s threatened 30% tariff on the European Union would practically eradicate trade between the two economic powers.In comments cited by news agency Reuters, however, Sefcovic also expressed optimism that the U.S. and the EU could find a solution.“The feeling on our side was that we are very close to an agreement,” he reportedly said ahead of an EU trade ministers’ meeting in Brussels.— Chloe TaylorTariffs are hitting European firms hard. Here are the sectors to watchEarnings estimates for companies around the world have fallen sharply in recent months as analysts attempt to predict the impact of new U.S. tariffs.Earnings per share across Europe’s benchmark Stoxx 600 are expected to fall 0.2% on an annualized basis in the second quarter, according to LSEG I/B/E/S research. On April 1, ahead of Trump’s so-called “Liberation Day,” analysts expected 7.2% growth.Analysts are watching three key sectors as Europe’s largest companies prepare to report on their earnings — read about them here. — Matt Ward-PerkinsBank of England’s Bailey says ‘path is downward’ for UK interest ratesKin Cheung – WPA Pool | Getty Images News | Getty ImagesAndrew Bailey, governor of the Bank Of England, pauses before the start of the Monetary Policy Report press conference at the Bank Of England on Feb. 6, 2025, in London.In an interview with British newspaper The Times, Bank of England Governor Andrew Bailey said the central bank would deepen its rate-cutting cycle should the U.K.’s job market slow.His comments came as the U.K.’s most recent inflation print remained elevated at 3.4%, with economists polled by Reuters expecting the June reading to be flat when it’s released on Wednesday.But Bailey told The Times there were “consistent” signs of British firms “adjusting employment,” and said the U.K.’s economic struggles were creating “slack” that would help cool inflation.“I really do believe the path is downward,” he said in the interview, which was published on Sunday night. “If we saw the slack opening up much more quickly, that would lead us to a different conclusion.”Markets are currently pricing in a 25-basis-points cut at the Bank of England’s next meeting in August, according to LSEG data.— Chloe TaylorHere’s a quick dive on EU-US tradeFabian Bimmer | Afp | Getty ImagesCargo shipping containers wait to be loaded by cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg, northern Germany, on June 3, 2025.Following President Trump’s decision to impose 30% tariffs on imports from the EU — we wanted to take a deep dive into the volumes of trade between the two.Together, the EU and U.S. make up almost 30% of all global trade in goods and services and 43% of global GDP. In 2024, trade between the two totaled some 1.7 trillion euros — that’s the equivalent of 4.6 billion euros per day, EU data shows. But is the EU’s trade surplus as one-sided as the White House suggests?When it comes to goods, in 2024 the EU exported around 530 billion euros’ ($618 billion) worth to the U.S. and imported 335 billion — giving it a surplus of nearly 200 billion euros. But as Brussels is quick to point out: the U.S. leads the way in services where it enjoys a surplus of 150 billion dollars. All in all, that gives the EU a total trade surplus of just $50 billion. And finally – what are the European industries and countries most exposed to U.S. tariffs?By sector, it is far and away the pharmaceutical sector, followed by autos and aircraft machinery. Looking at individual economies, Germany and Ireland stand out as the most exposed: Almost a quarter of all German exports are destined for the U.S., while for Ireland that figure is more than a third. — David MartinHere are the opening callsJonathan Brady – Pa Images | Pa Images | Getty ImagesThe Millennium Bridge in London, on July 4, 2025.Good morning from London, and welcome to CNBC’s live blog covering all the action and business news in European financial markets on Monday.Futures data from IG suggests regional markets will start the week flat to lower, with London’s FTSE 100 expected to flat, Germany’s DAX down 0.6% and France’s CAC 0.5% lower. Italy’s FTSE MIB is seen opening 0.7% lower.The dour mood for European markets comes after U.S. President Donald Trump announced at the weekend that he would impose a 30% tariff on goods imported from the EU, dealing a blow to the bloc after several months of negotiations to try to reach a trade deal. The duty will go into effect on Aug.1.The EU has said it will not retaliate straight away but would look to reach a deal.“Imposing 30 percent tariffs on EU exports would disrupt essential transatlantic supply chains, to the detriment of businesses, consumers and patients on both sides of the Atlantic,” European Commission President Ursula von der Leyen said in a statement.She said the EU remains “ready to continue working towards an agreement by August 1.”“At the same time, we will take all necessary steps to safeguard EU interests, including the adoption of proportionate countermeasures if required.”— Holly Ellyatt
The price of Bitcoin topped $122,600 at 1:27 p.m. Singapore time, according to data from Coin Metrics. The fresh highs come amid strong Bitcoin ETF inflows and moves from U.S. policymakers aimed at clearer regulation for the industry.Bitcoin extended gains Monday to hit a new milestone, breaking past $120,000, fueled by a rally in the cryptocurrency’s ETFs.The price of the largest cryptocurrency by market capitalization topped $122,600 at 1:27 p.m. Singapore time, according to data from Coin Metrics.The rally has seen bitcoin reach new highs amid more inflows into bitcoin ETFs. On Thursday, bitcoin ETFs had logged their biggest day of inflows in 2025 at $1.18 billion.“We believe that Bitcoin’s surge is driven by longer-term institutional buyers and this will propel it to $125k in the next month or two,” Jeff Mei, chief operating officer at cryptocurrency exchange BTSE, said in a statement sent to CNBC. “Trump’s trade disputes with the likes of the EU, Mexico, and other trading partners could cause dips in the week ahead, but it’s likely that Bitcoin’s institutional buyers are discounting this risk and maintaining their positions that Bitcoin will still appreciate in the long run,” he added.Investors have been anticipating bitcoin to hit new records this year as corporate treasuries accelerate their bitcoin buying sprees and U.S. Congress nears the passing of new crypto legislation.The U.S. House of Representatives will begin deliberating on a series of crypto bills on Monday aimed at providing a clearer regulatory framework for the digital asset industry. The policy had been long sought by the industry, and is supported by U.S. President Donald Trump, who has branded himself as a pro-crypto President and is involved in several crypto ventures.One of the most significant bills under consideration is the Genius Act, which could establish federal guardrails for U.S. dollar-pegged stablecoins and create a pathway for private companies to issue digital dollars.“Long-term holders are locking up supply, while global policy clarity — especially around stablecoins and crypto legislation — has boosted investor confidence and capital inflows,” Xu Han, director of the Liquid Fund at HashKey Capital, said in a statement to CNBC.Speaking on CNBC’s “Access Middle East,” Markus Thielen, CEO of 10x Research, said that he hopes that the U.S. will announce a sovereign wealth fund that could purchase digital currencies, also an overhanging factor market.He noted that corporate and institutional investors have purchased $15 billion in Bitcoin ETFs over the last six to eight weeks. In contrast, retail investors appear to have been on the sidelines during the latest rally, he added.10x Research has a year-end Bitcoin target range of $140,000 to $160,000, Thielen revealed, but the most significant risk facing this remains the U.S. Federal Reserve continuing its hawkish policy and further interest rate hikes due to tariffs.
A new case that is set to begin in federal court in Miami on Monday is the first to go to a jury trial, representing a serious threat to Tesla, its self-driving technology and its reputation.
Researchers piece together a fascinating tale to shed light on an exceptional saga, Wang Kaihao and Wang Ru report in Yinchuan. BEIJING, July 13, 2025 /PRNewswire/ -- A report from China Daily: In 1227, this dynasty in Northwest China was finally defeated by the Mongol army after a...
Trump economic adviser says White House probing Fed renovation costs, authority to fire Powell New York PostContenders to succeed Powell slam Fed chair as White House pressure intensifies Yahoo FinanceFederal Reserve quietly responds to Trump administration attacks over renovation CNBCFed Defends Renovations as White House Widens Attacks on Central Bank The New York TimesEconomic council head says Trump's ability to fire Fed's Powell is 'being looked into' NBC News
DUBAI, United Arab Emirates (AP) — The search for those missing after Yemen’s Houthi rebels sank a ship in the Red Sea has ended as at least four people are presumed dead and 11 others remain unaccounted for, the private security firms involved said Monday. The announcement came as satellite photos show long, trailing oil [...]
Fulton Breakefield Broenniman LLC trimmed its holdings in Abbott Laboratories (NYSE:ABT – Free Report) by 21.4% during the first quarter, Holdings Channel.com reports. The fund owned 5,860 shares of the healthcare product maker’s stock after selling 1,592 shares during the period. Fulton Breakefield Broenniman LLC’s holdings in Abbott Laboratories were worth $777,000 at the end [...]
Greatmark Investment Partners Inc. increased its stake in AbbVie Inc. (NYSE:ABBV – Free Report) by 0.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 41,280 shares of the company’s stock after acquiring an additional 80 shares during the period. AbbVie comprises approximately 1.2% of Greatmark Investment [...]
Fulton Breakefield Broenniman LLC lessened its stake in AbbVie Inc. (NYSE:ABBV – Free Report) by 3.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,662 shares of the company’s stock after selling 3,049 shares during the quarter. AbbVie accounts [...]
Pittenger & Anderson Inc. grew its stake in ResMed Inc. (NYSE:RMD – Free Report) by 4.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 65,271 shares of the medical equipment provider’s stock after buying an additional 2,734 shares during the quarter. [...]
Greatmark Investment Partners Inc. grew its stake in shares of Paychex, Inc. (NASDAQ:PAYX – Free Report) by 1.4% in the first quarter, HoldingsChannel.com reports. The firm owned 6,778 shares of the business services provider’s stock after purchasing an additional 95 shares during the period. Greatmark Investment Partners Inc.’s holdings in Paychex were worth $1,046,000 as [...]
Dress for Success marks new chapter with move to Orillia Square OrilliaMatters.com
FDx Advisors Inc. lowered its holdings in shares of AT&T Inc. (NYSE:T – Free Report) by 19.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,889 shares of the technology company’s stock after selling 3,736 shares during the [...]
Mutual of America Capital Management LLC lowered its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 3.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,589 shares of the investment management company’s stock after selling 1,448 shares [...]
New York State Common Retirement Fund trimmed its stake in shares of Fiserv, Inc. (NYSE:FI – Free Report) by 7.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 872,884 shares of the business services provider’s stock after selling 66,679 shares during [...]
New York State Common Retirement Fund reduced its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 8.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,136,691 shares of the semiconductor company’s stock after selling [...]
New York State Common Retirement Fund cut its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 8.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,136,691 shares of the semiconductor company’s stock after selling 102,294 shares during the quarter. New [...]
TFR Capital LLC. lifted its position in The Home Depot, Inc. (NYSE:HD – Free Report) by 49.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,245 shares of the home improvement retailer’s stock after purchasing an additional 1,077 shares during the period. TFR Capital LLC.’s [...]
Dock Street Asset Management Inc. increased its stake in The Home Depot, Inc. (NYSE:HD – Free Report) by 1.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,490 shares of the home improvement retailer’s stock after purchasing an additional 46 shares during [...]
Legacy Financial Group Inc. reduced its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP – Free Report) by 0.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 45,032 shares of the company’s stock after selling 356 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF [...]
Isthmus Partners LLC boosted its holdings in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 17.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 100,637 shares of the transportation company’s stock after acquiring an additional 14,927 shares during the quarter. Isthmus Partners LLC’s holdings in United Parcel Service were worth $11,069,000 as of [...]
IDF Soldiers Say Grenade-Drones Being Used On Civilians: 'None Of Them Were Armed' The Israel Defense Forces are routinely killing civilians in Gaza with commercial drones modified to drop grenades on them -- often leaving the corpses to be eaten by dogs, according to interviews with seven soldiers and officers conducted by Israeli investigative journalists. The tactic is being used to deter civilians from venturing into areas declared off-limits by the IDF, with indifference to the fact that the individuals -- some of them children -- pose no threat. Compounding the amorality of the conduct, the soldiers say the off-limits areas aren't marked on the ground. According to Israel's +972 Magazine and Local Call, every Palestinian killed in this fashion was counted as a "terrorist" in the IDF's official reporting. The soldiers say that's utterly false. One soldier identified as "S" says that he coordinated dozens of drone attacks over the 100 days his unit was deployed in the southern Gaza city of Rafah, and that the vast majority of the dead were unarmed civilians. The only two exceptions were a single executed Palestinian who merely had a knife, along with only one legitimate encounter with armed militants. A Chinese Autel EVO drone like those weaponized by the IDF with a grenade-dropping function (ZLEA/CC BY-SA 4.0 via +972 Magazine)By his recollection, the battalion killed a civilian in this fashion on a daily basis, even though it was obvious to him that the Palestinians posed no threat. “It was clear that they were trying to return to their homes — there’s no question. None of them were armed, and nothing was ever found near their bodies. We never fired warning shots. Not at any point.”Adding another layer of horror to the IDF-orchestrated hell that is Gaza, the corpses -- which were upwards of a mile from their killers -- were typically left to be eaten by dogs, says S.: “You could see it on the drone footage. I couldn’t bring myself to watch a dog eating a body, but others around me watched it. The dogs have learned to run toward areas where there’s shooting or explosions — they understand it probably means there’s a body there.”Worse, S. said children have been deliberately targeted: “There was a boy who entered the [off-limits] zone. He didn’t do anything. [Other soldiers] claimed to have seen him standing and talking to people. That’s it — they dropped a grenade from a drone...In most cases, there was nothing you could tell yourself. There was no way to complete the sentence, ‘We killed them because ____.’”“There were many incidents of dropping grenades from drones,” said H., a soldier who'd been deployed to central Gaza. . “Were they aimed at armed militants? Definitely not. Once a commander defines an imaginary red line that no one is allowed to cross, anyone who does is marked for death,” even just for “walking in the street.” These new accounts are consistent with previous reporting that the IDF creates "kill zones" where soldiers shoot anyone moving inside the area, followed by the IDF boasting that another terrorist was killed. Where IDF soldiers' ability to mow down civilians in kill zones was previously limited by the range of their rifles, drones now let them kill from several kilometers away. Exclusive |Aerial footage obtained depicts Israeli soldiers dropping grenades from a drone, targeting a group of civilians fleeing Netzarim last September. One person is visibly struck and collapsesNetzarim became a kill zone, and as the military gradually expanded it, so did... pic.twitter.com/QPW2EVHJ3D— Younis Tirawi | يونس (@ytirawi) July 3, 2025Elaborating on this capability, a soldier called "Y." described how he and other soldiers made bloody examples of Palestinians who entered forbidden areas: “You send a drone up 200 meters high, and you can see three to four kilometers in every direction, You patrol like that: you see someone approaching, the first one gets hit with a grenade, and after that, the word spreads. One or two more come, and they die. The rest understand.”When killing wasn't automatic, the criteria used to determine who is dangerously suspicious was so expansive as to capture just about anyone. “[Someone who] walks too fast is suspicious because he’s fleeing. Someone who walks too slowly is also suspicious because [it implies] he knows he’s being watched, so he’s trying to act normal," said S. Soldiers say even the simple act of bending over is sufficient basis for dropping a grenade on a Palestinian. Most of these grenade-dropping drones are modified EVO models manufactured by China's Autel for photography use, +972 Magazine reports. They only cost about $3,000 compared to $2 million for Israel's military-grade Elbit Hermes 450. The IDF modifies the EVOs with a military "iron ball" appendage that can carry a grenade dropped by the push of a joystick button. H. described how drones change the nature of taking a human life: “This technology has made killing much more sterile. It’s like a video game. There’s a crosshair in the middle of the screen, and you see a video image. You’re hundreds of meters away, [sometimes] even a kilometer or more. Then you play with the joystick, see the target, and drop [a grenade]. And it’s even kind of cool. Except this video game kills people.”One soldier who spoke to +972 Magazine said he recalled signing thank-you letters addressed to Americans who donated drones to his unit. Autel says it hasn't supplied its photography drones to Israel: "We find the prospect of our products being associated — even mistakenly — with violence against civilians to be utterly unacceptable. Autel Robotics has never sold drones to any users in the Israeli region, including but not limited to the Israeli military or Ministry of Defense."Gaza's Khan Younis in ruins on the one-year anniversary of the Hamas invasion of Israel (Bashar Taleb / AFP via Turkiye Today)Enforced by these routine killings of civilians in "kill zones," the coerced depopulation of entire areas goes hand-in-hand with the recent announcement by Israel's defense minister that the IDF is going to build a concentration camp in Rafah, the southernmost Gaza city. The plan is to force all 2 million residents of Gaza into a "humanitarian city" ringed by IDF guards preventing anyone from leaving. Last month, a different group of IDF soldiers offered their own damning testimony about the IDF's conduct, confirming the routine use of deadly force on unarmed Palestinians as a barbaric form of crowd control at distribution points for humanitarian aid. Israeli Prime Minister repeatedly calls the IDF "the most moral army in the world." They say if a lie is repeated enough, it becomes the truth -- but it's hard to fathom the quantity of lies necessary to overcome the growing stack of damning testimonies from IDF soldiers and officers. Tyler DurdenSat, 07/12/2025 - 22:45
Musk has been advocating for his employees to work 80 hours a week for years. He doesn’t even work 40 hours at Tesla. evidencenetwork.ca
Earnings season kicks off on Tuesday with America’s banking behemoths, as attention switches from the White House back to Wall Street. Elsewhere, the G20 meetings in South Africa next week come at an interesting time for the country. U.S. Treasury Secretary Scott Bessent is not expected to attend. It comes after a meeting between the South African President and his U.S. counterpart went spectacularly wrong back in May.Earnings season always seems to roll around with alarming frequency.The newsroom approaches each quarter with a nervous energy, but this summer it feels especially heightened. Recent market records in both the U.S. and Europe, alongside an unpredictable economic environment, paint a complicated picture for the second half.It all kicks off on Tuesday with America’s banking behemoths, as attention switches from the White House back to Wall Street.But U.S. President Donald Trump’s policies still loom large, with Goldman Sachs predicting that, this quarter, U.S. earnings will start to show the impact of the tariffs.The investment bank’s economists see “conflicting messages on the margin outlook” as companies have only announced modest price increases, despite the cost hikes associated with higher tariffs.Earnings-per-share growth is also set to come under pressure, with Goldman suggesting, “the consensus estimate among analysts sees S&P 500 companies’ earnings-per-share growth decelerating to 4% this quarter relative to the same quarter last year — down from 12% in the first quarter.”With the banks set to dominate next week — JPMorgan, Citi, Goldman Sachs, Morgan Stanley and Bank of America are all reporting within just two days — maybe Europe can provide some optimism.As reported by CNBC’s Jenni Reid, European banks just recorded their best first half since 1997. Gains were driven by strong investment banking returns — something their U.S. counterparts are also likely to capitalize on — as well as stock rallies based on both deal speculation and actual M&A.G20 heads southAs someone who grew up in Cape Town, seeing this year’s G20 meetings take place in South Africa makes me pine for the sunshine of the Southern hemisphere.Next week’s meeting in Durban between finance ministers and central bank governors comes at an interesting time for the country.An Oval Office meeting between South African President Cyril Ramaphosa and Trump went spectacularly wrong back in May, when the latter, flanked by his South African (now former) right-hand man Elon Musk, made false claims of a “white genocide.”It seems tensions have not abated.U.S. Treasury Secretary Scott Bessent will skip the meeting altogether, opting to head to Japan instead, according to Reuters. South Africa is also subject to a new 30% tariff rate, the only country in sub-Saharan Africa to be singled out in the latest round of announcements.It does not bode well for the G20 Leaders meeting, due to be held in Gauteng on Nov. 22-23. It remains to be seen if Trump will attend.In May, South Africa’s golfing greats — who traveled to the White House with Ramaphosa — failed to win over Trump. But maybe the lure of some of the best courses in the world, along with a South African summer, could see a seasonal change in his mood toward the country later this year.
What Just Happened In Rio Should Terrify The West Authored by Farhad Ibragimov,A few days ago, the city of Rio de Janeiro hosted the 17th BRICS summit, marking a significant step forward for the organization amid the accelerating transformation of the global political and economic landscape. Represented by Foreign Minister Sergey Lavrov, Russia played an active role in the summit’s proceedings, while President Vladimir Putin addressed the plenary session via video link. In his remarks, the Russian leader offered a comprehensive analysis of current global trends, emphasizing that the liberal model of globalization is losing viability as the center of economic and political activity shifts decisively toward the Global South – developing countries with rising demographic, resource, and technological potential.The Rio summit reaffirmed BRICS’ growing political weight and its ambition to become a key force in shaping the emerging multipolar order. High-level meetings drew global attention not only because of their scale but also due to the substantive outcomes they produced. A total of 126 joint commitments were adopted, spanning critical areas such as global governance reform, the restructuring of international financial institutions, healthcare, climate initiatives, artificial intelligence, and sustainable development.The declaration adopted at the summit, titled ‘Strengthening Global South Cooperation for More Inclusive and Sustainable Governance’, underscored BRICS’ commitment to multilateralism, respect for international law, and the promotion of a fair and equitable world order. But beyond the formal language, the summit revealed a deeper shift: BRICS is no longer limiting itself to cautious technocratic dialogue. The bloc is increasingly positioning itself as a cohesive international actor – capable of proposing new frameworks for economic integration, political solidarity, and global coordination.Crucially, this political reorientation did not begin in Rio. It builds directly on the strategic groundwork laid during the 2024 summit in Kazan, Russia – the largest BRICS gathering to date – which brought together not only member states but also dozens of partners under the BRICS+ umbrella. The Kazan summit established a new level of cooperation and ambition, and Rio served as a continuation of that trajectory. It became the arena where aspirations evolved into policy, and where the Global South began to more clearly articulate its place in the world.From economic cooperation to collective securityAmong the most consequential developments at the Rio summit was the firm commitment to advancing financial sovereignty among member states. Particular emphasis was placed on transitioning to transactions in national currencies – a long-standing initiative championed by Russia and several other BRICS countries. The leaders endorsed this direction, recognizing the need to reduce dependence on dominant reserve currencies. President Putin underscored that this was not merely an economic measure, but a geopolitical move aimed at strengthening the sovereignty of participating nations and insulating them from external pressure.In support of this goal, the summit produced agreements to boost mutual investment volumes and accelerate the development of independent payment and settlement mechanisms. These initiatives are designed to lay the groundwork for a more resilient financial architecture – one that bypasses traditional Western-controlled institutions and empowers countries to determine the terms of their own economic cooperation. Increasingly, BRICS views economic autonomy as a precondition for long-term political independence in a world marked by volatility and polarization.But the Rio summit did more than solidify the BRICS financial agenda. For the first time in its history, the organization made a strong, collective political statement on an issue directly related to international security. The final declaration included a specific condemnation of Ukrainian attacks on civilian infrastructure in Russia’s Bryansk, Kursk, and Voronezh regions. Referring to the bombings of bridges and railway lines on May 31, June 1, and June 5, 2025, the text reads: “We condemn in the strongest terms the attacks against bridges and railways infrastructure deliberately targeting civilians.”This passage carries substantial symbolic and strategic weight. Despite the ideological and political diversity of BRICS members, the bloc united in denouncing attacks that threaten the internal security of one of its founding members. This is a marked departure from the organization’s previously cautious diplomatic tone on sensitive geopolitical issues. BRICS, once defined by its reluctance to address matters of military conflict or security, is now building a normative foundation for solidarity and shared responsibility.The inclusion of this clause suggests that BRICS is beginning to embrace a collective role in shaping norms related to international conflict and security. It signals that the alliance is willing to defend the principle of territorial integrity not just rhetorically, but through coordinated diplomatic action. This is more than a gesture – it is the foundation of a future in which BRICS may serve not only as an economic bloc, but as a political and moral anchor in a divided world.The American reaction: why Washington is nervousJust 48 hours after the release of the Rio declaration – particularly the section denouncing unilateral tariffs and non-tariff measures – US President Donald Trump issued a sharp response. From the White House lawn, he threatened to impose a 10% tariff on all imports from BRICS countries and accused the bloc of attempting to “degenerate the dollar.” In characteristically blunt terms, he remarked: “If you have a smart president, you will never lose the standard. If you have a stupid president like the last one, you would lose the standard.”While Trump’s words may have been wrapped in personal bravado, the underlying message was clear: Washington sees BRICS not as a neutral economic club, but as a mounting strategic threat. Despite the bloc’s repeated assertions that its cooperation is not aimed against any third party, the West views efforts to establish alternative economic frameworks – particularly those bypassing the dollar and Western-controlled institutions – as an existential challenge to US hegemony.The nature of the response underscores a deeper anxiety in Washington. BRICS initiatives once dismissed as symbolic or impractical are now materializing into real structures: trade in local currencies, independent payment systems, and new investment platforms with global reach. These are not just alternatives – they are systemic innovations that call into question the foundations of the current world order.Trump’s outburst, then, is not just a political sideshow. It is evidence that BRICS is crossing a threshold – from peripheral relevance to central influence in global affairs. For years, Western analysts argued that the bloc would collapse under the weight of its internal contradictions. Yet BRICS has not only endured – it has expanded, institutionalized, and begun to assert itself in domains once considered off-limits.The American reaction confirms what many in the Global South already perceive: that BRICS is no longer a passive forum for South-South dialogue. It is becoming an active agent in reshaping the architecture of international power.No turning back: BRICS as a systemic alternativeThe Rio summit left little doubt that BRICS is evolving beyond its original mandate. Once focused primarily on economic coordination, the bloc is now laying the institutional groundwork for an alternative system of global governance – one rooted in sovereignty, equality, and resistance to unilateral pressure. This transformation is not driven by ideology but by the lived experience of its member states, many of which have faced the political and economic consequences of a Western-dominated order.Three strategic vectors are propelling BRICS forward.First, its geo-economic advantage: the bloc is consolidating control over key global trade routes and resource markets. With the accession of new members in 2024-2025 – including Egypt, Iran, and Ethiopia – BRICS now spans critical logistical corridors across Eurasia, Africa, and Latin America. The bloc also commands a significant share of the world’s reserves in energy, rare earth elements, and agricultural commodities, granting it considerable influence over global supply chains and commodity pricing.Second, BRICS possesses an increasingly potent force of attraction. Despite mounting external pressure and efforts to isolate its members, more than 30 countries have applied for membership or partnership status. This groundswell reflects a growing desire among Global South nations for a platform free from ideological gatekeeping, conditional loans, or weaponized sanctions. BRICS, in their eyes, is not just a bloc – it is a symbol of multipolarity, mutual respect, and strategic independence.Third, BRICS is beginning to serve as a functional alternative to gridlocked institutions like the United Nations and the World Trade Organization. Without explicitly seeking to replace them, BRICS offers a more agile and consensus-based model – one that prioritizes non-interference, sovereignty, and pragmatic cooperation over rigid norms or selective enforcement. Its representation of the world’s demographic and economic majority lends it moral and political weight, especially in a context where trust in traditional global structures is in sharp decline.In this light, the anxiety emanating from Washington is not simply reactive – it is anticipatory. The US and its allies understand that what BRICS is building is more than a set of alternative institutions. It is a rival paradigm: one that challenges the monopoly of the dollar, rejects coercive diplomacy, and proposes a new vocabulary for international legitimacy.The Rio summit demonstrated that BRICS is not content to remain a forum of dialogue. It is becoming a vehicle for action. The question is no longer whether BRICS will shape the future of global governance, but how – and how fast. What began in Kazan, and accelerated in Rio, is a project with momentum. And in the shifting landscape of 2025, that momentum now appears irreversible. Tyler DurdenSat, 07/12/2025 - 22:10
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Trump Calls Epstein List A Democrat Psyop, Tells MAGA 'Not To Waste Time And Energy' Less than one year ago, then-candidate Donald Trump vowed to release the Jeffrey Epstein files - aka the 'list' of friends and associates who violated "more than 1,000" sex-trafficked victims. BREAKING: Trump says he's going to release the Epstein files when he’s elected president - Lex Fridman podcast pic.twitter.com/LmrWhwjW2t— Insider Paper (@TheInsiderPaper) September 3, 2024Now, after his FBI just came out to say 'nothing to see here!' (no list, and Epstein definitely killed himself), Trump just wants the whole thing to go away for some reason we can't quite put our finger on. Last week Trump lashed out at a reporter for asking about Epstein, saying "Are you still talking about Jeffrey Epstein? This guy’s been talked about for years." 🚨 BREAKING: President Trump GOES OFF on reporter for asking about Jeffrey Epstein, Pam Bondi says the child p*rn Epstein files can NOT be released, ever.TRUMP: "Are you still talking about - Jeffrey EPSTEIN? ... We have Texas, this, all of the things...are people still talking... pic.twitter.com/SsNWZHkd4Y— Eric Daugherty (@EricLDaugh) July 8, 2025On Saturday, Trump gave a masterclass in how to look guilty - writing in a Truth Social post "We have a PERFECT Administration, THE TALK OF THE WORLD, and “selfish people” are trying to hurt it, all over a guy who never dies, Jeffrey Epstein. For years, it’s Epstein, over and over again."Yeah, why do people want to find out which rich and powerful men were fucking children provided by Epstein? And what did Trump mean when he said that Epstein 'never dies'? (Maybe QAnon knows)Trump then attempted to discredit the Epstein files, equating it to the Steele dossier..."Why are we giving publicity to Files written by Obama, Crooked Hillary, Comey, Brennan, and the Losers and Criminals of the Biden Administration, who conned the World with the Russia, Russia, Russia Hoax, 51 “Intelligence” Agents, “THE LAPTOP FROM HELL,” and more? They created the Epstein Files, just like they created the FAKE Hillary Clinton/Christopher Steele Dossier that they used on me, and now my so-called “friends” are playing right into their hands," adding "Why didn’t these Radical Left Lunatics release the Epstein Files? If there was ANYTHING in there that could have hurt the MAGA Movement, why didn’t they use it?"Maybe because it would implicate everyone on both sides of the aisle? Trump then said that the FBI should focus on voter fraud and arresting "Thugs and Criminals, instead of spending month after month looking at nothing but the same old, Radical Left inspired Documents on Jeffrey Epstein.""One year ago our Country was DEAD, now it’s the “HOTTEST” Country anywhere in the World. Let’s keep it that way, and not waste Time and Energy on Jeffrey Epstein, somebody that nobody cares about."This is an interesting moment for the Trump admin right now since it's the first time they're experiencing the same MAGA energy that has helped them get to where they are being temporarily turned against them. Trump is basically like "Yo guys chill," but Epstein is a topic nobody...— Autism Capital 🧩 (@AutismCapital) July 12, 2025The screed earned Trump a ratio on his own platform...🚨 Whoa: President Trump just got ratio'd on his own platform after making that post.Is this a first? pic.twitter.com/dV4TLjRxru— Eric Daugherty (@EricLDaugh) July 13, 2025Meanwhile, Tucker Carlson just said the quiet part out loud; Epstein was likely working a blackmail operation for Israel, which was conducting crimes on American soil. NOW - Tucker Carlson says Epstein was "working on behalf" of Israel and Israel was "committing crimes" on American soil. pic.twitter.com/txbMbJCzzj— Disclose.tv (@disclosetv) July 12, 2025As Chris Hedges notes, the list of those who were in Epstein’s orbit is a who’s who of the rich and famous. They include not only Trump, but Bill Clinton, who allegedly took a trip to Thailand with Epstein, Prince Andrew, Bill Gates, hedge fund billionaire Glenn Dubin, former New Mexico governor Bill Richardson, former Secretary of the Treasury and former president of Harvard University Larry Summers, cognitive psychologist and author Stephen Pinker, Alan Dershowitz, billionaire and Victoria’s Secret CEO Leslie Wexner, the former Barclays banker Jes Staley, former Israeli prime minister Ehud Barak, the magician David Copperfield, actor Kevin Spacey, former CIA director Bill Burns, real estate mogul Mort Zuckerman, former Maine senator George Mitchell and disgraced Hollywood producer Harvey Weinstein, who reveled in Epstein’s perpetual Bacchanalia.Needless to say, Trump's latest command to MAGA over Epstein has backfired...Burn your MAGA hats, this guy sucks. https://t.co/9G7NMDtfdl pic.twitter.com/AfjWWuHJSF— speckzo 🇻🇦 (@ExtremePapist) July 12, 2025Trump took a bullet to protect Jeffery Epstein's clients— Libertarian Party NH 🦔 (@LPNH) July 13, 2025We should’ve known there was a problem when punchy one-liner Trump turned into Boomer text wall Trump.— Martyr Made (@martyrmade) July 12, 2025[POLL] HOW BAD IS THE STUFF ON DRUMPF IN THE EPSTEIN FILES?— iBankCoin, A Reliable Source (@iBankCoin4tw) July 12, 2025TRUMP: EPSTEIN FILES IS A RADICAL LEFT WING PSYOP pic.twitter.com/nR8Tcpoaja— The_Real_Fly (@The_Real_Fly) July 12, 2025The cover up of Jeffrey Epstein is worse than the cover up of Biden’s dementia.— Dave Smith (@ComicDaveSmith) July 12, 2025Maybe Elon was right?Also, where's our Fort Knox audit? Tyler DurdenSat, 07/12/2025 - 21:35
After years of service, Slow Bar and Home, A Bar are set to close, while Higgins Restaurant is on the brink, as the city struggles to recover post pandemic.
By Katie Buehler ( July 11, 2025, 8:33 PM EDT) — In the two weeks since the U.S. Supreme Court curtailed federal judges’ ability to issue universal injunctions, Trump administration attorneys have begun pushing to expand the decision’s limits to other forms of relief used in regulatory challenges and class actions. So far, judges don’t [...]
Economists See Lower Recession Risk and Stronger Job Growth: WSJ Survey The Wall Street JournalView Full Coverage on Google News
10 Non-Tax Policies In Trump's Megabill That Will Affect Americans Authored by Jackson Richman, Joseph Lord, Jacob Burg via The Epoch Times,The One Big Beautiful Bill Act is notable for implementing significant changes to the U.S. tax code, including making 2017’s individual income tax brackets permanent.But there are non-tax-related items in the bill that will impact the lives of everyday Americans, affecting travel, women’s health care, immigration, and welfare benefits.Here are ten major non-tax areas that are addressed in the legislation, which President Donald Trump signed into law on July 4.Air Traffic ControlThe new law provides $12.5 billion to the Transportation Department to institute long-overdue reforms to the nation’s air traffic control system.That includes $4.75 billion to upgrade copper telecommunication infrastructure to fiber optics, $3 billion for radar systems replacements, $500 million for safety technology to avoid near-misses on runways, and $100 million for advanced training technology for air traffic controllers.At a July 8 cabinet meeting, Transportation Secretary Sean Duffy called the funding a “massive new start to rebuild air traffic control,” but said his agency will need more money to upgrade American aviation and make it the world’s leader.Duffy has repeatedly pointed to the Federal Aviation Administration’s outdated technology and infrastructure, which still relies on floppy disks, aging copper wire, and rotary phones.Despite the need for more funds, the bill could help reduce and avoid the sorts of delays that infamously bogged down Newark International Airport in New Jersey earlier this year.Air traffic controllers monitor planes at Los Angeles International Airport in Los Angeles on July 1, 2025. Under the One Big Beautiful Bill Act, the Transportation Department will receive $12.5 billion to implement long-overdue reforms to the U.S. air traffic control system. John Fredricks/The Epoch TimesBorder and ImmigrationThe legislation dedicates a total of $150 billion toward border security and immigration enforcement, aligning with some of Trump’s core promises on the 2024 campaign trail.Approximately $80 billion of that amount is slated for domestic immigration enforcement operations.The single biggest immigration item in the law is $46.5 billion dedicated to the construction of a border wall along the U.S.–Mexico border.Much of the rest is slated for Immigration and Customs Enforcement (ICE), the agency largely responsible for carrying out Trump’s mass deportation operation.That includes $45 billion allocated for detention through September 2029—a 365 percent increase over ICE’s prior annual detention funding, which sat at $3.4 billion, according to the American Immigration Council. It provides $14.4 billion for transportation and removal operations, a 500 percent annual increase.For state and local governments that assist with deportation efforts, $13.5 billion is allocated in grants.Border Patrol agents monitor the U.S. border wall in San Ysidro, Calif., on July 25, 2024. The new legislation allocates $150 billion for border security and immigration enforcement. John Fredricks/The Epoch TimesEducationThe bill makes several notable tweaks to federal education policy.First, it would reduce Pell Grant eligibility for high-income students and students with full-ride scholarships. The approximately $7,000 annual grant has long provided a boost to funding Americans’ higher education.The bill also proposes two federal student loan repayment plans, including one traditional repayment plan and one income-based repayment plan, as Republicans seek to do away with President Joe Biden’s contested Saving on a Valuable Education (SAVE) plan.Additionally, it would tax college and university endowments at a variable rate—either 1.4 percent, 4 percent, or 8 percent—based on the institutions’ wealth.Medicaid and Rural HospitalsSome of the changes that have drawn the most attention are those made to Medicaid funding—changes that are expected to boot millions of beneficiaries off the entitlement program while potentially impacting rural hospitals.To reduce Medicaid spending, the bill would impose an 80-hour monthly work requirement for able-bodied adults to receive benefits; the change would take effect by no later than December 2026.It also reduces the “provider tax”—the rate at which states tax hospitals and doctors to pay for their Medicaid programs—from 6 percent to 3.5 percent in states that expanded Medicaid under the Affordable Care Act. Ten states that didn’t expand their programs will see no changes. That change won’t go into effect until 2028.To offset fears that the changes would harm rural hospitals, the bill allocates $50 billion over five years to support such facilities.Estimates vary significantly as to how many individuals could lose coverage as a result of the Medicaid changes. The Congressional Budget Office forecasts that several million nationwide could lose coverage.A man waits in a hospital in Irvine, Calif., on July 8, 2025. The One Big Beautiful Bill Act includes changes that could remove millions from Medicaid and impact rural hospitals. John Fredricks/The Epoch TimesSNAP CutsThe One Big Beautiful Bill Act includes new requirements for recipients of the Supplemental Nutrition Assistance Program (SNAP), better known as food stamps.In addition, the bill introduces more stringent work requirements for SNAP recipients. Currently, able-bodied recipients between 18–54 must spend 80 hours a month volunteering, working, looking for a job, or being in school. The bill widens that window to between 18-64 years of age.Moreover, states will have to shoulder more of the burden when it comes to funding for SNAP. That means recipients could receive less in food stamps or lose access entirely, depending on the state in which they live.‘Trump Accounts’ for NewbornsThe bill also adds a pilot program for “Trump Accounts,” a type of federal trust account that comes prefunded with $1,000 from the Treasury Department for every child born between Jan. 1, 2025, and Dec. 31, 2028. Children born before this year will also be eligible, but not for the initial $1,000 seed money.The scheme allows Americans to contribute up to $5,000 a year to these accounts.The money must be invested in a broad stock market index, and earnings will grow tax-deferred until the account holder withdraws the funds. Beneficiaries are eligible to withdraw half the money for qualified purposes when they reach the age of 18, and can access the full balance at age 25. Withdrawals would then be subject to either capital gains or income tax rates, depending on the nature of the expense.Expenses such as tuition, a first home purchase, or small business expenses would be subject to the lower capital gains tax rate; all other uses of the funds would be subject to normal income tax rates, including an additional 10 percent penalty for nonqualified expenses.People walk on the Lehigh University campus in Bethlehem, Pa., on Oct. 25, 2024. The legislation will affect higher education by reducing student grants and adjusting loan repayment plans and tax codes for institutions. Madalina Vasiliu/The Epoch TimesSpectrumOne section of the bill reinstates the Federal Communications Commission’s spectrum authority, a term that describes the agency’s ability to auction off specific radio frequencies to the private sector.The authority expired in 2023 and, with limited direction from the Biden administration, became deadlocked in Congress.The reauthorization of the program in the bill will generate $85 billion in revenues for the federal government over the next ten years, enables expansion of 5G and 6G mobile networks, and will allow for rural areas to receive radio communications that could be crucial during natural disasters in which they might not have access to TV.Defunding Planned ParenthoodThe One Big Beautiful Bill Act ends Medicaid funding for Planned Parenthood for one year. Stripping federal funding from Planned Parenthood, which provides reproductive health services such as abortion, has been a longtime goal of conservatives.A Planned Parenthood facility in Anaheim, Calif., on Sept. 10, 2020. The new legislation ends Medicaid funding for health care nonprofits that post more than $800,000 in profit in a year, including Planned Parenthood. John Fredricks/The Epoch TimesThe legislation does not explicitly mention Planned Parenthood, but instead references abortion providers that are non-profits and received more than $800,000 in Medicaid reimbursements in fiscal year 2023.A federal judge has since put that aspect of the legislation on hold pending further litigation.Obamacare ChangesThe law also makes several substantial changes to the Affordable Care Act (ACA), often known as “Obamacare.” The ACA Marketplace allows low-income Americans to buy discounted health insurance.First, the legislation will require marketplace customers to re-enroll every year, much as some employees are required to reconfirm their chosen coverage for an employer-sponsored health insurance plan. During the re-enrollment process, customers will also have to re-verify their income.It also shortens the open enrollment period—which was lengthened under Biden—by returning the period to the original Nov. 1 to Dec. 15 window.Other provisions of the law exclude gender transition treatment from coverage, limit Marketplace tax credits to citizens and some lawful residents, and require enrollees to be current on their premium payments before re-enrolling for another year.The changes will be implemented on a rolling basis, with some related to eligibility set to go into effect as early as December 2025.A group of resident doctors talks with a senior doctor inside Brookdale University Hospital and Medical Center in the Brooklyn borough of New York City on July 1, 2025. Andres Kudacki/AP PhotoExpansion of Military Housing and Support ProgramsThe One Big Beautiful Bill Act includes a $9 billion expansion of programs surrounding housing, child care, and other benefits for members of the Armed Forces and their families.That includes a $2.9 billion increase in the Basic Allowance for Housing and $590 million to help with temporary housing allowances for service members, to help with relocation.It also includes more funding for the military health care system.The expanded benefits could incentivize more people, especially with spouses and children, to join the armed services. Tyler DurdenSat, 07/12/2025 - 21:00
xAI explains the Grok Nazi meltdown as Tesla puts Elon’s bot in its cars The VergexAI issues lengthy apology for violent and antisemitic Grok social media posts CNNGrok issues apology after antisemitic posts controversy The HillElon Musk’s AI firm apologizes after chatbot Grok praises Hitler The GuardianWhat AI bot started referring to itself as 'MechaHitler'? Find out in the quiz NPR
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Ontario deaf support workers back on the job Monday after deal reached SooToday.comView Full Coverage on Google News
The Big Beautiful Bill — a massive package of tax relief, more funding for immigration enforcement, and savings from entitlement reforms — is now law, and it’s a triumph not only for President Donald Trump but for the whole Republican Party. The GOP passed two make-or-break tests here: one of party discipline, the other of [...]
Why student unemployment is rising and what it could signal about a looming recession CTV NewsStudents face tough job market this summer MSN
Canada is being pressured by the failed US administration to discard its zero emissions mandate in order to avoid punishing tariffs. The post O, Canada! Who Stands On Guard For Thee? appeared first on CleanTechnica.
XIAMEN, China, July 12, 2025 (GLOBE NEWSWIRE) -- The 2025 Xiamen Talent Service Month kicked off on July 10, extending an invitation to global talent to join in creating a bright future in the city.Over 200 people, including academicians and experts from home and abroad, key enterprises, major R&D institutions, and representatives of PhD students from prestigious universities, attended the launch ceremony.Talents lead way, sci-tech innovation yields fruitThe Xiamen Talent Service Month is now in its sixth year. This year's launch ceremony placed stronger focus on addressing the needs of both talent and enterprises, emphasized more practical matchmaking outcomes, and highlighted the application of technological achievements.In recent years, ...Full story available on Benzinga.com
A surprising announcement caught fans off guard and left many disappointed.
Seamount Financial Group Inc. lifted its stake in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 6.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,450 shares of the oil and gas company’s stock after purchasing an additional 541 shares during the [...]
Burford Brothers Inc. raised its position in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 2.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,722 shares of the oil and gas company’s stock after acquiring an additional 1,049 shares [...]
Cerity Partners LLC increased its holdings in shares of Comcast Corporation (NASDAQ:CMCSA – Free Report) by 8.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,121,927 shares of the cable giant’s stock after acquiring an additional 86,014 shares during the quarter. Cerity Partners LLC’s holdings in Comcast were worth $41,399,000 at the end [...]
Fidelis Capital Partners LLC increased its position in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 5.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 90,481 shares of the oil and gas company’s stock after buying an additional 4,635 shares during the period. Exxon Mobil makes up 1.0% of Fidelis [...]
Nikulski Financial Inc. trimmed its stake in PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 6.4% in the 1st quarter, HoldingsChannel reports. The firm owned 2,336 shares of the company’s stock after selling 159 shares during the period. Nikulski Financial Inc.’s holdings in PepsiCo were worth $350,000 as of its most recent filing with the Securities [...]
Fidelis Capital Partners LLC reduced its stake in shares of The Progressive Corporation (NYSE:PGR – Free Report) by 1.9% in the first quarter, HoldingsChannel.com reports. The firm owned 4,111 shares of the insurance provider’s stock after selling 78 shares during the period. Fidelis Capital Partners LLC’s holdings in Progressive were worth $1,089,000 as of its [...]
MERRIMAC — A $1.4 million purchase has placed more than 120 acres of farmland and forest under protection. Years of fundraising and field plowing have paid off as one of Merrimack Valley’s largest and unsecured agricultural properties is now considered...
FUKOKU MUTUAL LIFE INSURANCE Co reduced its position in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 10.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,410 shares of the semiconductor manufacturer’s stock after selling 788 shares during the [...]
Park Square Financial Group LLC lifted its stake in Accenture PLC (NYSE:ACN – Free Report) by 184.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 250 shares of the information technology services provider’s stock after buying an additional 162 shares during the quarter. Park Square Financial Group LLC’s holdings in Accenture were [...]
Park Square Financial Group LLC lessened its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 42.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 194 shares of the manufacturing equipment provider’s stock after selling 145 shares during the quarter. Park Square Financial [...]
Ballentine Partners LLC reduced its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 1.2% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,085,903 shares of the company’s stock after selling 36,930 shares during the quarter. Schwab US Broad Market [...]
Park Square Financial Group LLC cut its stake in shares of S&P Global Inc. (NYSE:SPGI – Free Report) by 64.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63 shares of the business services provider’s stock after selling 115 shares during the [...]
Family Firm Inc. reduced its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 25.7% during the first quarter, Holdings Channel.com reports. The firm owned 1,511 shares of the manufacturing equipment provider’s stock after selling 523 shares during the period. Family Firm Inc.’s holdings in Applied Materials were worth $219,000 as of [...]
Stillwater Wealth Management Group trimmed its holdings in Vanguard Health Care ETF (NYSEARCA:VHT – Free Report) by 22.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 900 shares of the company’s stock after selling 262 shares during the quarter. Stillwater Wealth Management Group’s [...]
Fifth Third Securities Inc. raised its position in Vanguard Mid-Cap ETF (NYSEARCA:VO – Free Report) by 0.3% in the 1st quarter, Holdings Channel.com reports. The fund owned 14,724 shares of the company’s stock after acquiring an additional 48 shares during the quarter. Fifth Third Securities Inc.’s holdings in Vanguard Mid-Cap ETF were worth $3,808,000 as [...]
Family Firm Inc. lessened its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 25.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,511 shares of the manufacturing equipment provider’s stock after selling 523 shares during the [...]
NEW YORK, July 12, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of American Depositary Shares ("ADSs") of Reckitt Benckiser Group PLC (OTC:RBGLY) between January 13, 2021 through July 28, 2024, both dates inclusive (the "Class Period"), of the important August 4, 2025 lead plaintiff deadline.SO WHAT: If you purchased Reckitt ADSs you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.WHAT TO DO NEXT: To join the Reckitt class action, go to https://rosenlegal.com/submit-form/?case_id=40120 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 4, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, ...Full story available on Benzinga.com
SkyOak Wealth LLC lessened its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW – Free Report) by 3.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 82,668 shares of the company’s stock after selling 3,059 shares during the quarter. SkyOak Wealth LLC’s holdings in [...]
TORONTO, July 11, 2025 (GLOBE NEWSWIRE) -- Galway Metals Inc. (TSXV:GWM) ("Galway" or the "Company") is pleased to announce that it intends to settle the sixth (6th) and final of six (6) payments (the "Sixth Partial Payment") due in consideration of an agreement previously announced on July 21, 2020 (the "Agreement") by the cash payment of $125,000 and the issuance of 974,026 common shares in the Capital of the Company ("Shares") at a deemed price equal to $0.385 per Share for a total deemed price of $375,000.Pursuant to the Agreement, the Company bought back a two percent (2.0%) net smelter returns royalty (the "Royalty") from an arm's length third party royalty holder (the "Former Royalty Holder"), covering certain mineral claims at the Company's Clarence Stream property in southwest New Brunswick (the "Property"). The Agreement provided for a total purchase price of $3,000,000 in six equal annual instalments of $500,000, with each partial payment representing the purchase of one-sixth (1/6) of the Royalty (each a "Partial Payment"). The first Partial Payment was settled on Closing in 2020 through the issuance of 434,783 Shares to the Former Royalty Holder at a deemed price equal to $1.15 per Share for a total deemed price of $500,000. Pursuant to the Agreement, each subsequent $500,000 Partial Payment was to be paid as follows: (i) $125,000 in cash; and, (ii) the remaining $375,000, at the sole election of the Company, paid either in cash, through the ...Full story available on Benzinga.com
These Are 2025's 'Most Livable' Cities Every year, The Economist ranks cities around the world on livability, based on factors including crime and conflict to public transportation and education.This map, via Visual Capitalist's Kayla Zhu, shows the 10 most livable cities in the world, according to The Economist Intelligence Unit’s Global Liveability Index 2025.The index ranks cities on over 30 factors across five categories to determine their overall livability. Factors include:Stability: Prevalence of crime, terror, military conflict, civil unrest/conflictHealthcare: Availability and quality of private and public healthcare, general healthcare indicatorsCulture and environment: Humidity/temperature rating, cultural and sporting availability, social or religious restrictionsEducation: Availability and quality of private education, public education indicatorsInfrastructure: Quality of road network, public transport, international links, availability of good housingWhat is the Most Livable City in the World?Below, we show the 10 most livable cities in the world according to The Economist, and their livability scores.Copenhagen was ranked the most livable city in the world, ending Vienna’s three-year streak at the top of the rankings.Denmark’s capital city scored perfect 100s across stability, education, and infrastructure, with an overall score of 98.Vienna and Zurich tied for second with scores of 97.1. Switzerland—which had two cities rank in the top 10 for livability—also ranked first as the top migration destination to live and work in for 2025.Vienna saw its scores for stability drop dramatically in the wake of a bomb threat before a Taylor Swift concert (later cancelled), and a planned attack on a city train station in 2025.Overall, cities in Western Europe and Asia-Pacific continue to dominate the top of the rankings.Vancouver, Canada is now the only North American city in the top 10, after Calgary saw the biggest drop in ranking, falling from fifth in 2024 to 18th in 2025 due to declines in its healthcare scores.The average score for livability in 2025 was 76.1 out of 100, the same as 2024. However, scores in the stability category have continue to decline amid widespread geopolitical tension and civil unrest around the world.To compare this list with last year’s livability rankings, check out the 2024 graphic here. Tyler DurdenFri, 07/11/2025 - 22:40
The project will include the addition of a concert hall, boutique hotel, restaurants and research spaces.
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China Reports Worst Producer Deflation In 2 Years Amid Ongoing Trade Uncertainty Authored by Lily Zhou via The Epoch Times (emphasis ours),China’s factory-gate prices in June saw the biggest fall in two years amid uncertainty in international trade and weak domestic demand.A worker moves pieces of steel machinery at a manufacturing company in Hangzhou, Zhejiang Province, China, on June 16, 2025. AFP via Getty ImagesAccording to figures released on July 9 by China’s National Bureau of Statistics, the producer price index for industrial products in June fell by 3.6 percent compared with the same month in 2024—worse than a 3.3 percent drop in May, and the biggest annual decline since July 2023.The month’s purchasing price index for industrial products fell by 4.3 percent year over year, bigger than the 3.6 percent drop in May, and the sharpest decline since August 2023.According to Dong Lijuan, statistician at the National Bureau of Statistics, the producer price index deflation in June was driven by cheaper energy prices, uncertainties in international trade, and hot and wet weather that drove down the price of building materials.Sectors that rely on exports faced more downward pressure in prices, she said.“The prices of computers, communication equipment, and other electronic equipment in June dropped by 0.4 percent [compared to May], the prices of electrical machinery and equipment fell by 0.2 percent, and textile prices fell by 0.2 percent,” she said.In annual terms, the prices of computers, communication equipment, and other electronic equipment fell by 2.3 percent.China’s factory activity shrank for a third month in a row in June, albeit at a slower pace, with employment and new export orders still languishing.“We expect demand to weaken later this year, as exports slow and the boost from fiscal support diminishes,” Zichun Huang, China economist at Capital Economics, said.Market reaction to the data was cautious amid uncertainties in the trade war between the United States and other economies. China’s Shanghai Composite Index was up by 0.3 percent by the midday break, while Hong Kong’s benchmark Hang Seng Index traded down by 0.7 percent.As subdued domestic demand remains a drag on China’s economy, companies have resorted to price discounts to boost sales, prompting the authorities to urge an end to the auto industry’s bruising price wars.Highlighting the tepid consumer market, Chinese e-commerce giants Alibaba and JD.com have pledged heavy subsidies over recent months to expand aggressively into fast deliveries.Consumer prices rose by 0.1 percent compared with the same month in 2024, following four months of deflation.“Consumer inflation is likely to remain near zero for the rest of the year, as structural adjustment continues slowly, with consumer demand weighed by the protracted property downturn and worries over the jobs market,” Duncan Wrigley, chief China economist at Pantheon Macroeconomics, said.He also said that trade tensions between Washington and Beijing are likely to continue despite the recent framework agreement.“More flare-ups are likely and cooling export growth will add to downward price pressure in manufactured goods sectors,” he said.According to supply chain technology provider Descartes, U.S. container imports from China were about 639,300 20-foot equivalent units in June, slightly up (0.4 percent) from May, but a 28.3 percent decline from June 2024.The company said it expects that “China’s share of U.S. imports may remain under pressure through the second half of 2025,” with the upcoming expirations of U.S. tariff pauses extended to Aug. 1 and the trade truce with China on Aug. 12, and with additional U.S. tariffs on transshipped goods via Vietnam.Reuters contributed to this report. Tyler DurdenFri, 07/11/2025 - 22:15
NEW YORK and NEW ORLEANS, July 11, 2025 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Quantum Computing Inc. (NasdaqCM: QUBT). On January...
NEW YORK and NEW ORLEANS, July 11, 2025 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Maravai LifeSciences Holdings, Inc. (NasdaqGS:...
NEW YORK and NEW ORLEANS, July 11, 2025 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF continues its investigation into iRhythm Technologies, Inc. (NasdaqGS: IRTC). On May...
NEW YORK and NEW ORLEANS, July 11, 2025 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Fluence Energy, Inc. (NasdaqGS: FLNC). On February...
NEW ORLEANS, July 11, 2025 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until July 22, 2025 to file lead plaintiff applications in securities class action lawsuits against Organon & Co. (NYSE: OGN), if they purchased the Company's...
NEW ORLEANS, July 11, 2025 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until July 22, 2025 to file lead plaintiff applications in a securities class action lawsuit against Red Cat Holdings, Inc. (NasdaqCM: RCAT), if they purchased...
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Google Hires Top A.I. Leaders From Windsurf, Which OpenAI Was Courting The New York TimesGoogle hires Windsurf CEO Varun Mohan, others in $2.4 billion AI talent deal CNBCOpenAI’s $3 Billion Deal to Buy AI Startup Windsurf Falls Apart Bloomberg.comOpenAI's $3 billion deal with AI coding startup Windsurf collapses, as Google swoops in for licensing deal FortuneOpenAI’s Windsurf deal is off — and Windsurf’s CEO is going to Google The Verge
LONDON, July 11, 2025 (GLOBE NEWSWIRE) -- Diginex Limited ("Diginex" or the "Company") (NASDAQ:DGNX), a leading provider of Sustainability RegTech solutions, today announced its financial results for the fiscal year ended March 31, 2025.Fiscal Year ended March 31, 2025 Full-Year Highlights:Revenues for the fiscal year ended March 31, 2025, increased 57% to $2.0 million driven primarily by an increase in software subscriptions and license fees.Net loss for the fiscal year ended March 31, 2025, of $5.2 million, an increase of $0.3 million compared to the net loss of $4.9 million recorded in the prior year.Transformed balance sheet with net assets of $4.6 million at March 31, 2025, compared to net liabilities of $23.0 million at March 31, 2024.Completed Initial Public Offering ("IPO") in January 2025.Post Year End Strategic HighlightsSigned a memorandum of understanding on June 5, 2025 to acquire Resulticks Group Companies Pte Limited ("Resulticks"), subject to definitive agreements, in a transaction valued at approximately US$2 billion, to be primarily settled in Diginex ordinary shares. This combination leverages Resulticks' real-time audience engagement, agentic AI framework, and global reach to drive sustainability, compliance, customer relationships, and collective growth.Executed a memorandum of understanding on May 23, 2025, to acquire Matter DK ApS ("Matter"), subject to definitive agreements, for approximately US$13 million in an all-share deal. Management believes the acquisition of Matter will strengthen the Company's sustainability data coverage, ESG analytics offerings, as well as its automated data collection capabilities.Management Commentary"The year ended March 31, 2025 was a transformative period for the Company, marked by the successful completion of our IPO in January 2025, a 57% increase in revenues and strategic agreements signed during the fiscal year to boost future revenues and client acquisition with leading professional firms such as Russell Bedford International and Baker Tilly Singapore. During the year, we also enhanced our product offerings with the introduction of AI-powered compliance solutions, delivering features such as multi-variant drafting, automated risk reduction, future-proofing for evolving regulations, and improved scalability for users of our Sustainability SaaS reporting platform, diginexESG," said Mark Blick, Chief Executive Officer of Diginex Limited. "We achieved overall revenue growth, driven in part, by a significant licensing agreement and ongoing demand for our core ESG reporting and supply chain risk management products. At the same time, we deliberately shifted resources to accelerate the development of diginexESG and diginexLUMEN, which positions us well for long-term growth and recurring revenues at the expense of revenues from one-off mandates via customization projects.""We also maintained a disciplined approach to cost management. While general and administrative expenses increased year on year, this was primarily due to IPO related professional fees and the fair value adjustment related to the issuance of preferred shares under an anti-dilution clause following an $8 million capital raise in May 2024. We did, however, achieve cost reductions in employee benefits, IT development and maintenance costs, while continuing to deliver on our product road map, and other discretionary spending. These actions demonstrate our commitment to building a sustainable business model and cost structure that supports future profitability while continuing to fund strategic priorities.""We're also excited to have signed a memorandum of understanding on March 17, 2025, to pursue a dual listing of our ordinary shares on the Abu Dhabi Securities Exchange," said Mr. Blick. "This planned listing is intended to increase exposure of Diginex to regional and international investors, strengthen our relationships in the Gulf Cooperation Council ("GCC") region, and support Abu Dhabi's strategic focus on sustainable finance. We believe this step aligns with our long-term commitment to expand our global presence." The memorandum of understanding also contemplates a planned capital raise of up to USD$250 million focused on large institutional investors based in the GCC and a strategic alliance to support business growth in Abu Dhabi and the surrounding GCC region.""Importantly, we are advancing our strategy to strengthen and diversify our technology and data capabilities through targeted acquisitions," continued Mr. Blick. "Following the close of the fiscal year ended March 31, 2025, we signed two memoranda of understanding to acquire Resulticks and Matter, subject to definitive agreements. These transactions, if completed, would meaningfully expand our AI-driven data management and sustainability analytics capabilities globally, supporting our vision of delivering integrated, high-value solutions to clients worldwide. While both agreements remain subject to due diligence, negotiation and finalizing definitive terms, they demonstrate our commitment to disciplined, strategic growth through carefully selected acquisitions. We see powerful synergies with Resulticks in targeted sustainability marketing at scale, bringing in Matter's sustainability data for company benchmarking and supply chain due diligence through diginexLUMEN, and the provision of AI enabled sustainability reporting capabilities with diginexESG.""Looking ahead, we have reason for optimism as our Company is on the leading edge of fundamental changes in the data industry that will drive future growth. We remain committed to investing across the Diginex platforms, enhancing our global market presence both organically and through acquisitions, and managing our operations with discipline to deliver long-term value to our shareholders," Mr. Blick stated.Revenues For the year endedMarch 31,in USD millions20252024 Subscription and license fees1.30.4Advisory fees0.30.2Customization fees0.40.7Total 2.0 1.3 For the fiscal year ended March 31, 2025, total revenue increased by $0.7 million to $2.0 million, compared to $1.3 million in the prior year. The increase was primarily attributable to a $0.9 million license fee from the granting of a non-exclusive right to distribute a white-label version of diginexESG. Excluding this transaction, revenue from software subscriptions and licenses remained stable at $0.4 million for the year. Subscription and license fees are generated from sales of diginexESG and diginexLUMEN.Revenue from advisory fees increased modestly to $0.3 million, reflecting an improvement of $0.1 million compared to the prior year. Advisory services includes projects such as developing ESG strategies, conducting ESG materiality assessments or conducting training sessions on a range of ESG topics.The increase in total revenue was partially offset by a decline in revenue from customization projects, which decreased by $0.3 million to $0.4 million for the fiscal year ended March 31, 2025. This reduction was an expected outcome of the Company's strategic decision to allocate more resources to the development and expansion of diginexESG and diginexLUMEN, leading to a temporary reduction in the acceptance of customization projects."We are focused on building long-term, sustainable growth across all of our service lines," said Mr. Blick. "This year's results highlight the strength of our core subscription business and our ability to unlock additional revenue opportunities through strategic agreements and licensing agreements."General and Administrative Expenses For the year endedMarch 31,in USD millions20252024 Employee benefits 4.8 5.0IT development and maintenance support1.52.1Audit fees0.40.6Professional fees2.10.5Travel and entertainment0.40.5Share based payments0.4-Amortization and depreciation0.10.1Other0.60.5 10.39.3 For the fiscal year ended March 31, 2025, general and administrative expenses increased by $1.0 million to $10.3 million, compared to $9.3 million in the prior fiscal year. This increase was primarily driven by higher professional fees associated with the Company's IPO and a share-based payment expense related to preferred shares issued under an anti-dilution clause triggered by a capital raise completed in May 2024. These higher costs were partially offset by reductions in employee benefits, IT development and maintenance support, while continuing to deliver on our product roadmap, and audit fees.Employee benefits decreased by $0.2 million which was the result of reduced costs associated with the fair value of employee share options granted to employees of $0.5 million and a partially offsetting increase in salaries of $0.3 million. Headcount at March 31, 2025 was 32 and included 23 employees and 9 contractors compared to a headcount of 29 at March 31, 2024, which included 22 employees and 7 contractors.Balance Sheet HighlightsAt March 31, 2025, net assets of $4.6 million represented a transformation and significant improvement from net liabilities of $23.0 million at March 31, 2024. The improvement was driven by the capitalization of shareholder loans and advances, convertible loan notes and redeemable preferred shares. The capitalization events were triggered by the IPO. The Company's cash position of $3.1 million at March 31, 2025, is also higher than the $0.1 ...Full story available on Benzinga.com
HOPKINS COUNTY, Ky., July 11, 2025 /PRNewswire/ -- At least 24 people in Hopkins County have been infected with Giardia parasites from El Tapatio restaurant, according to local health officials. El Tapatio is located at 401 Madison Square Dr, Suite 37, Madisonville, KY 42431. "The El...
CALI, Colombia, July 11, 2025 (GLOBE NEWSWIRE) -- Invest in Bogotá will actively participate in the Business Matchmaking Forum "Colombia, the Country of Beauty," organized by ProColombia at the Valle del Pacífico Events Center in Cali. The event will bring together hundreds of national and international companies interested in exploring investment, trade, and expansion opportunities in Colombia.Carlos Alberto Suárez, Executive Director of Invest in Bogotá, and Mónica Sánchez, Investment Promotion Manager, will lead the agency's participation through meetings with foreign companies from countries such as the United States, Brazil, Spain, Mexico, and Chile, among others. These meetings will focus on sectors such as infrastructure, services, and high-value manufacturing.The Business Matchmaking ...Full story available on Benzinga.com
Cromwell Holdings LLC increased its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR – Free Report) by 18.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 127 shares of the semiconductor company’s stock after buying an additional 20 shares [...]
One of the coffee chain's biggest competitors might be among the major bidders.
Cromwell Holdings LLC trimmed its position in shares of Chevron Corporation (NYSE:CVX – Free Report) by 6.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 4,692 shares of the oil and gas company’s stock after selling 315 shares during the quarter. Cromwell Holdings LLC’s holdings in [...]
Ade LLC boosted its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT – Free Report) by 3.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,052 shares of the company’s stock after purchasing an additional 1,454 shares during the period. iShares [...]
Cromwell Holdings LLC boosted its stake in shares of Altria Group, Inc. (NYSE:MO – Free Report) by 45.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,051 shares of the company’s stock after acquiring an additional 1,587 shares during the quarter. [...]
Ade LLC lowered its position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) by 5.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 50,857 shares of the company’s stock after selling 3,143 shares during the quarter. iShares MSCI [...]
Ade LLC bought a new stake in shares of Altria Group, Inc. (NYSE:MO – Free Report) during the 1st quarter, according to its most recent filing with the SEC. The fund bought 3,444 shares of the company’s stock, valued at approximately $207,000. Several other institutional investors have also made changes to their positions in MO. [...]
A secretive competition to pioneer a new way of communicating with artificial intelligence chatbots is getting a messy public airing as OpenAI fights a trademark dispute over its stealth hardware collaboration with legendary iPhone designer Jony Ive.
Crocs (NASDAQ:CROX) has outperformed the market over the past 15 years by 4.13% on an annualized basis producing an average annual return of 16.59%. Currently, Crocs has a market capitalization of $5.89 billion. Buying $100 In CROX: If an ...Full story available on Benzinga.com
U.S. stocks are down in early trading Friday, pulling the market back from all-time highs, as the Trump administration escalates its tariff threats against Canada.
Trump warned countries would face even higher tariffs if they retaliated
Stocks close higher, nudging the S&P 500 and Nasdaq to more highs
Nashville, and the country as a whole, has seen a slowdown in new development and large lease deals in the last few years. Amid an environment with so many unknowns, increased interest rates and difficulty finding project financing have been significant drivers of the decline.
OPEC Says Global Oil Consumption Will Hit 123 Million BPD By 2050 Authored by Tsvetana Paraskova via OilPrice.com,OPEC projects oil demand rising 19% to 123 million bpd by 2050, led by India and Africa.The forecast contrasts sharply with IEA projections of demand peaking by 2030.U.S. withdrawal from the Paris Agreement seen by OPEC as supporting continued hydrocarbon demand.“There is no peak oil demand on the horizon,” OPEC Secretary General Haitham Al Ghais wrote in the foreword of OPEC’s latest World Oil Outlook (WOO), which sees global oil demand growing by about 19% from now until 2050 to reach 123 million barrels per day (bpd).In view of slowing Chinese demand growth, OPEC revised down its oil demand growth forecasts for all years between 2025 and 2029.However, global economic development with growing demand for oil and an increasing global population and middle class are set to underpin demand growth in the coming decades.OPEC reiterated its view that there is no peak oil demand in sight and the world will see continued rising consumption for decades.India will lead global oil demand growth through 2050, boosting consumption by 8.2 million bpd between 2025 and 2020.The Middle East and Africa will also be key demand growth drivers, according to OPEC’s view.Moreover, oil demand will also be supported by U.S. President Donald Trump’s exit from the Paris Agreement.“The US withdrawal from the Paris Agreement will impact climate change negotiations and would most likely result in higher demand for hydrocarbons in general, and oil and gas in particular,” OPEC said in the World Oil Outlook as cited by Bloomberg.“Continued, and even marginally higher, oil demand in the US is to be expected over the medium-term period.”OPEC’s view that there is no peak oil demand on the horizon contrasts with forecasts from the industry and the International Energy Agency (IEA). Many of the largest oil firms see demand plateauing at some point next decade, while the IEA has just doubled down on its narrative that a peak in global oil demand is still on the horizon.Global oil demand is forecast to rise by 2.5 million bpd from 2024 to 2030, reaching a plateau around 105.5 million bpd by the end of the decade, per the IEA’s annual Oil 2025 report for the medium term. Annual global growth will slow from about 700,000 bpd in 2025 and 2026 “to just a trickle over the next several years, with a small decline expected in 2030, based on today’s policy settings and market trends,” the IEA said. Tyler DurdenThu, 07/10/2025 - 22:35