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In downtown Wilmington, Live Oak shutting down inclusive small business center
Live Oak Bank is turning Channel off. Described by Live Oak as an inclusive small business center, Channel opened in November 2021 to serve as a free resource for small business owners, helping numerous minority-owned and other small businesses from its headquarters downtown at 106 Market St. "After careful consideration, we’ve decided to bring Channel ... to a close at the end of this month. Live Oak determined that the needs of Wilmington’s small business community have evolved. Since Channel opened, the local small business ecosystem has grown significantly, with many strong organizations now offering education, technical assistance and community programming for entrepreneurs," stated Claire Parker, managing director of corporate communications for Live Oak Bank, in an email Monday. "With those resources firmly in place, Live Oak is refocusing on what we do best – providing banking and financing solutions that help small businesses grow and thrive." Channel's demise also resulted in the elimination of two positions – those of Channel's director, Chakema Clinton-Quintana, and Atiba Johnson, the certified professional business advisor (CPBA) at Channel. On Monday, Clinton-Quintana, who was elected to the Wilmington City Council in November, said of her immediate plans after Channel: "I will continue my work serving the public while I look for other full-time opportunities." She said Channel "served over 1,000 small business owners in the greater Wilmington area, as well as some of the surrounding areas, such as Brunswick and Pender. A lot of folks had reached out to us needing those resources because they were free, and we were able to assist them in that capacity." Johnson said he will be devoting his time to the Wilmington Minority Chamber of Commerce, which is not affiliated with the Greater Wilmington Chamber of Commerce. The minority chamber is celebrating its launch from 5 to 8 p.m. Tuesday at the Wilmington Sportsman Club, 1111 Castle St., Wilmington. Johnson, the founder and executive director of the new chamber, said about 50 businesses are on board to join the Wilmington Minority Chamber of Commerce. According to a news release, the new chamber "was established to foster growth, networking, and advocacy for underrepresented business owners. By providing essential resources and community engagement, the chamber aims to build a more inclusive and prosperous local economy." Johnson said the creation of the new chamber is in response to "lapses in funding, education, advocacy for minority businesses...Some of the things that are going on now just don't reach all the way down to those businesses." For Lynne Jones, owner of LJ Design Studio LLC, the loss of Channel also means a reduction in income. She had contracted with Channel to run the center's social media and to provide some marketing for small business owners. "It's pretty disappointing to hear that it is closing...it was a place to connect with other small business owners and collaborate. It was like a family for those of us who were there. If you had issues or things that you needed to talk through concerning your business, there was always someone there that you could sit down with and talk things through, recalibrate, and they set you off on your way to make that pivot and move in a different direction," Jones said Monday. She said she worked with many Channel participants creating their websites and will miss seeing the joy on their faces when those websites were up and running. Dawn McDowell, owner of Creatively Covered Co. LLC, credits Channel with helping her business grow and regrow after her social media pages were hacked and shut down in 2023. "Channel was a great resource for small businesses, for women-owned businesses, for minority-owned businesses; they provided a lot of assistance, especially when you needed it," McDowell said. "If it wasn't for Channel, I don't know if I'd be where I am now, in my business, and regrowing my business and even finding out about some of the certifications and things that were out there for small businesses that I just didn't know about ... because there was no one really sharing that information for small businesses, for minority- and women-owned businesses in particular." Parker said shutting down Channel was not part of an overall cost-cutting plan. She stated in the email, "Live Oak’s commitment to Wilmington remains strong. We are continuing to support entrepreneurs by focusing our efforts where we deliver the greatest value – through specialized banking and financing solutions aligned with our mission to be America’s small business bank." As for Channel's downtown office, Live Oak had leased the 5,000-square-foot space above Seabird restaurant in 2021. The bank’s lease for the office is up in March, Parker said.
‘Resident Evil Requiem’ Devs Talk “Vital” Return to Raccoon City, Tease “Umbrella Curse”, Claire And Ada & Pairing Leon Kennedy With A New Leading Lady
Director Kōshi Nakanishi and producer Masato Kumazawa talk to Deadline about the latest preview news for Resident Evil Requiem
Mars Could Turn Green… And It’s No Longer Just Science Fiction
New research suggests making Mars green could be a real, testable goal, if we're ready to take the ethical leap.
Prep talk: St. Monica Academy enjoys huge turnaround under new girls' basketball coach
Veteran coach Vic Karapetian has St. Monica Academy girls' basketball at 15-3 this season.
Roma interested in Atletico’s Ruggeri as Tsimikas replacement
Roma have set their sights on Atletico Madrid full-back Matteo Ruggeri to replace Tsimikas, who is set to return to Liverpool. The former Atalanta player would be happy to reunite with his old coach, ...
Rams’ Matthew Stafford reflects on season amid uncertain future
Matthew Stafford did not have too many words when asked about his performance for the Rams this year and whether he would return.
Six Flags Entertainment (FUN) Valuation After US$1b Debt Refinancing And Extended Maturities
Six Flags Entertainment (FUN) recently completed a private offering of US$1b in 8.625% senior notes due 2032, using the proceeds to redeem its existing 2027 notes and to extend its debt maturity profile. See our latest analysis for Six Flags Entertainment. The refinancing news comes after a sharp 30 day share price return of 16.25% that partly offsets a 90 day share price return decline of 33.35%. However, the 1 year total shareholder return decline of 61.75% shows that longer term investors...
Analysis: Another Minnesota shooting turns immigration crackdown into a national reckoning
Another fatal shooting in Minnesota by federal agents shows President Donald Trump’s crackdown has gone far beyond targeting undocumented migrants.
Businesses opened their doors as Nicollet Ave in Minneapolis turned chaotic Saturday
NFC championship: Seahawks CB Riq Woolen called for brutal taunting penalty that set up a critical Rams TD
Riq Woolen was hit with an unsportsmanlike conduct penalty that turned a third down stop into a touchdown on Sunday afternoon.
Mathieu Lehanneur On Turning Science Into Emotional Design
From childhood influences to global recognition, Paris-based Mathieu Lehanneur, one of France’s leading designers, reveals how curiosity and experimentation drive his singular approach.
Enterprising teens in Loudoun Co. turn white into green with snow shoveling business
While a lot of young people are enjoying the Sunday snowstorm by playing or sledding in it, some enterprising teens in Virginia are hard at work with their nascent show shoveling business.
'Your eyes don't lie.' Trump, ICE, a death and a turning point
In an era of smartphones, Americans don't have to believe federal officials or journalists. They can watch what happened for themselves.
Rebuffed Burnham can return to honing his stature and attack lines
Greater Manchester mayor will not be tested in tough byelection or against PM for now, but can continue to pose speculative threat
Alex Pretti’s ICE murder is beyond politics. This is about good vs. evil
Trump's inhumane immigration raids and two ICE murders has triggered an American yearning for a return to morality.
What al-Maliki’s return would mean for Iraq and the region
Nouri al-Maliki's third term as prime minister is likely to escalate sectarian politics in the country.
Apple's M5 iPad Pro Hits Multiple Record Low Prices on Amazon
Amazon this weekend is offering discounts across the M5 iPad Pro lineup, including both 11-inch and 13-inch models. The highlight this time around is a return of a low price on the 256GB Wi-Fi 11-inch M5 iPad Pro, which is on sale for $899.00, down from $999.00. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running.
New York Startup Builds Fridge-Sized Machine That Can Turn Air Into Gasoline
While it's not quite the free energy it sounds like at first, Aircela's technology in its current state has some practical, small-scale applications.
This overlooked mountaineering roguelike makes icy exploration strangely cozy
Treacherous mountains make for relaxing gameplay in the turn-based Insurmountable
New York Jets Flight Connections 01/25/26
Happy Sunday, Jets fans! Below are your Jets links on this snowy Championship Sunday in New York. Ryan Dunleavy – Wink Martindale getting second Jets defensive coordinator interview in major step toward New York return Antwan Staley – Jets make several staff changes, Wink Martindale interviewing in-person for DC role Bent – Stay or Go: […]
From Silence to $900m: How TikTok king from Senegal, Khaby Lame, built a global business empire
Senegalese-born TikTok star Khaby Lame has turned viral fame into a $900 million acquisition deal, redefining how creators build scalable global businesses beyond social media
Surfrider Kauaʻi to host Community Science for Clean Coastal Water event
The community water quality event will focus on understanding harmful pollution affecting Kauaʻi’s coastal waters and how community-led efforts are turning data into solutions.
How 2 brothers turned Selkirk Sport into a leading pickleball brand
Brothers Rob and Mike Barnes started Selkirk Sport in 2014, when they were just 19 and 22 — and when pickleball was considered "a senior sport."
I didn’t mean to keep my daughter’s Christmas gift, but here we are: Jan Risher
In the newsroom lately, Jan Risher has sounded a lot like an infomercial — which is both out of character and mildly alarming. Turns out, her column this week is not a product pitch. It's a story about a Christmas gift and discovering there’s an easier way to carry things.
'We never used to have this many bad teams': WPIAL girls basketball has turned into the sport of many routs
Thursday was a night for shellackings in WPIAL girls basketball. Almost 40% of the games were decided by 30 points or more, including eight that were decided...
Luka Dončić leads Lakers to comeback win over Mavericks in return to Dallas
Dončić finished with 33 points, 8 rebounds and 11 assists in the 116-110 win.
Laurie Jervis: Santa Ynez Resident Turns Pandemic Baking Into Booming Bread Business
Many people adopted projects during the COVID-19 pandemic, frequently to stave off boredom. Amanda Rogers of Santa Ynez was one of those people. Starting
Is Live Nation Entertainment (LYV) Pricing Fair After Strong Multi‑Year Share Gains?
If you are wondering whether Live Nation Entertainment is priced attractively today, it helps to step back from the headlines and look closely at what the numbers are saying about the stock. The shares recently closed at US$146.97, with returns of 1.8% over the past week, 0.8% over the last month, 1.1% year to date, 4.4% over 1 year, 82.9% over 3 years and 121.2% over 5 years. These figures may shape how the market currently views its potential and risks. Recent news coverage around Live...
Wisconsin red hot going into matchup with struggling USC
Surging Wisconsin looks to extend its winning streak when it returns home to host Southern California in a Big Ten matchup on Sunday in Madison.
Idol winner Abi Carter headlines first week of BNP Paribas Open entertainment
The annual BNP Paribas Open Family Day will return on Saturday, February 28 as families with children of all ages can enjoy a fun-filled afternoon of interactive clinics, player appearances, live music, and more activities to kick off the fortnight in Tennis Paradise.
Live: Trinity Rodman makes USWNT return today vs. Paraguay
The 2026 USWNT schedule starts today with a friendly against Paraguay.
Rolex 24 brings record-breaking attendance and economic boost to Daytona Beach
The roar of engines isn’t the only thing turning heads in Daytona Beach this weekend. Record-breaking crowds for the Rolex 24 are bringing new energy and dollars to the local economy.
Snowed in this weekend? Give these Memphis-based films a watch
Many prepared for a week of snow by grocery shopping and getting their homes ready, but entertainment is the key to a proper snow-in.
If You Use Gmail, You're Going To Want To Turn Off This 1 Automatic Setting ASAP
"IMPORTANT message for everyone using Gmail..."
President Donald Trump is acting like the CEO of USA Inc. Is it the strategy America needs?
If you think of the U.S. as a business that needed a financial overhaul, what would a turnaround CEO do?
Rodman adds soccer maturity to celebrity stardom
Rodman returns after signing a new Washington Spirit contract following a lengthy negotiation, and the young player is moving forward with newly-forged maturity
Additions to Bengals’ scouting department ready to contribute
Hopefully they help turn the 2026 class into one of the best in franchise history.
Saginaw family turns children’s pretend food truck into thriving taco business
The family-run business started out serving only their beloved tamales. Sis-N-Bros Tacos has since morphed into food truck and a vendor at SVRC Marketplace with an expanded menu of Mexican favorites.
Weekend hobby turns into booming business for BenShot of Appleton
BenShot of Appleton was co-founded by Ben Wolfgram and his parents, Tami and Bruce. They started by offering shot glasses with a bullet embedded.
How women’s sports became a battleground over trans rights
Riley Gaines turns a fifth-place tie in college swimming into a career in anti-trans activism. Soon, she’s sharing the stage with the president.
How Sports Became a Battleground Over Trans Rights
Riley Gaines turns a fifth-place tie in college swimming into a career in anti-trans activism. Soon, she’s sharing the stage with the president.
2 Royal Avenue: 'Turning this into a business would take away its humanity'
An operator is sought to take over a free community hub but users are anxious about the change.
Mysterious Health Issues Force 3 PGA Tour Pros to Exit $9.2M Tournament Midway
The 2026 American Express in La Quinta is already turning into a wild rollercoaster ride. World number one Scottie Scheffler leads the pack at 17-under par after two brilliant rounds.
HUD orders citizenship verification after audit reveals ineligible tenants in taxpayer-funded housing
Trump administration orders public housing authorities to verify tenant citizenship within 30 days or face federal sanctions following HUD audit findings.
Apple's Siri Chatbot in iOS 27: Everything We Know
Apple is planning to upgrade Siri twice in the coming year, adding personalization features in iOS 26.4 before turning the personal assistant into a...
Google Photos can now turn you into a meme
Me Meme uses generative AI to combine a reference photo with templates.
Evaluating Flutter Entertainment (NYSE:FLUT) After Recent Share Price Weakness And A Claimed 39% Valuation Gap
Why Flutter Entertainment Stock Is On Investors’ Radar Flutter Entertainment (NYSE:FLUT) has drawn attention after a period of weak share performance, with the stock down over the past week, month, past 3 months, year, and year to date. See our latest analysis for Flutter Entertainment. At a share price of $181.19, Flutter’s recent run has been weak, with a 7 day share price return of 9.89% and a 30 day share price return of 17.34%. The 1 year total shareholder return of 32.36% contrasts with...
How a local family built a fast-growing play business
A Denham Springs couple is turning a personal parenting need into a fast-growing local business, 225 writes. Lacie and Tyler Edwards opened The Play District, a child-sized, sponsor-backed play village designed to give families a place to get out of the house and let kids explore through imaginative, hands-on play. Located in a former gym […]
2 weeks ago, Drake Maye and Broncos D's season told one story about the turnover battle. Entering AFC championship game, another one lurks
Naples business owners seek solutions amid low tourist turnout
NAPLES, Fla.—Naples is bustling with snowbird season, and the return of the St. Patrick's Day Parade is expected to bring a boost to local tourism.
Marner, Golden Knights prepare as star winger returns to Toronto
The day of reckoning has finally come for Mitch Marner and the Vegas Golden Knights.
The Coors Family Is Building a Massive New Entertainment District in Golden—and Uncovering Its History Along the Way
Construction on the Clayworks district has unearthed artifacts from the late 1800s and Prohibition, when Coors pivoted industries to turn a profit.
Bills interviewing Philip Rivers: Longtime NFL QB becomes candidate amid Buffalo coaching search
Rivers, 44, returned from a five-year absence to play for the Colts in 2025
Arsenal 'just missing goals'
The "one final thing" that Arsenal must get right is scoring goals, according to head coach Renee Slegers. The Gunners have failed to find the net in two of their three matches since returning from the Women's Super League winter break, most recently drawing a blank in their 1-0 League Cup semi-final loss to Manchester United on Wednesday. "We have been performing well, apart from scoring," said Slegers in her pre-match news conference on Friday.
Apple turning to Intel for future iPhone chips, analyst reaffirms
Multiple reports have indicated that Apple is turning to Intel for future iPhone chips. Now, analyst Jeff Pu is out...
Is Caesars Entertainment (CZR) Pricing Reflect Its Value After Prolonged Share Price Weakness
If you are wondering whether Caesars Entertainment's share price reflects its underlying value or potential, this article walks through what the current valuation really suggests. The stock closed at US$23.61, with returns of a 6.9% decline over 7 days, a 3.4% decline over 30 days, roughly flat at 0.2% year to date, plus a 30.9% decline over 1 year and 55.1% and 68.0% declines over 3 and 5 years respectively, which can change how investors view both risk and opportunity. Recent news around...
Final Fantasy 7 Remake 3 Is Bringing Back Queen’s Blood
Queen’s Blood will return in the FF7 Remake finale
CVS Health (CVS) Valuation Check As Regulatory Scrutiny And Legal Outcomes Draw Investor Focus
Regulatory and legal scrutiny is back in focus for CVS Health (CVS), as a U.S. House Judiciary Committee probe into its pharmacy benefit manager practices unfolds, while a separate class action over prescription drug pricing has been dismissed. See our latest analysis for CVS Health. For context, CVS Health shares now trade at US$82.68, with a 30 day share price return of 5.95% and a year to date share price return of 3.18%, while the 1 year total shareholder return of 59.48% reflects how...
Free business seminars offered for Newtown entrepreneurs
Ignite your entrepreneurial journey and turn your vision into reality through Build Your Success in Newtown, a free business seminar series.
Syracuse broadcasting legend Bob Costas returns to NBC for MLB coverage
Costas is returning to NBC Sports as the host of the Sunday Night Baseball pregame show.
With Science and Technology Innovation Center, UWRF gets an upgrade
When students at the University of Wisconsin-River Falls return to class on Jan. 26, the newly opened Science and Technology Innovation Center is waiting for them.
With Science and Technology Innovation Center, UWRF gets an upgrade
When students at the University of Wisconsin-River Falls return to class on Jan. 26, the newly opened Science and Technology Innovation Center is waiting for them.
How Minnesota became the center of a political crisis
In the days leading up to Renee Macklin Good's death, the political situation in Minneapolis had turned combustible. Her shooting has exposed how colliding forces set the stage for the ongoing crisis.
Kawhi Leonard scores 24 points, returning from knee injury in Clippers' 112-104 win over Lakers
How to Turn 300 Pairs of Jeans Into a Billion-Yen Business
With its first on-schedule show in Paris, buyer-friendly Tokyo brand Ssstein is poised for global scale.
India’s youth are turning concerts into an economy. The money is following
India saw a 17% rise in the live events space in 2025, marking a boom in demand for experiences. This was led by Gen-Z and millennial crowds.
US health insurance executives testify before Congress about increasing costs of healthcare
CEO of UnitedHealth Group said his company will return profits earned from Affordable Care Act plans to customers
Trump admin orders review of federal funding to 14 blue states; NJ Governor responds: ‘everything he touches turns to crap’
Watermain break in Pawtucket forces business to temporarily close
A watermain break in Pawtucket impacted local businesses Thursday night.
Scientists just overturned a 100-year-old rule of chemistry, and the results are “impossible”
Chemists at UCLA are showing that some of organic chemistry’s most famous “rules” aren’t as unbreakable as once thought. By creating bizarre, cage-shaped molecules with warped double bonds—structures long considered impossible—the team is opening the door to entirely new kinds of chemistry.
2026 NFL coaching news: Ravens hire Jesse Minter as head coach; Eric Bieniemy reportedly returning to Chiefs as offensive coordinator
Utility Stocks Beware. Politics Could Eat Into Stock Returns.
Pressure is building on utilities across the country to slow electricity rate increases. It’s likely to hurt returns for utility stocks.
NFC South coaching carousel: Tracking latest moves and rumors
The New Orleans Saints have returned to the office and begun self-scouting. Have they truly lost ground in the NFC South coaching carousel?
ICE chaos, boycott plan turn Minnesota retailers into community spaces
"Retail feels totally different right now," one business owner said. "We've got to do what we can," said another.
James Cameron Torches America After Leaving the U.S.: ‘A Place Where Everybody’s at Each Other’s Throats, Turning Its Back on Science and Will Be in Utter Disarray If Another Pandemic Appears’
James Cameron says America has turned its back on science and he will not return to the U.S. after leaving to live in New Zealand.
Sports Broadcasting Legend Bob Costas Returns to NBC for Sunday Night Baseball (DETAILS)
The celebrated broadcaster Bob Costas brings his decades of experience to NBC Sports' baseball coverage.
Qatari jet-turned-Air Force One expected to be delivered this summer, Air Force says
The luxury Qatari jet being transformed into a new Air Force One will be delivered this summer, the Air Force said in a statement, roughly a year after its extensive modification began.
How One Immigrant's Son Built a Successful Business While Lifting Others Up
Through Kamboj Ventures, he keeps returning to one question. If the money grows but nobody else’s life improves, what was the point?
Everyone’s nostalgic for 2016. Here are 6 very Atlanta moments from that year.
As nostalgia for 2016 surges, let's revisit six major Atlanta moments — from Migos’ rise to the Braves leaving Turner Field and Prince’s last concert.
I'm surprised and confused by Sony's new turntable line-up
Was I wrong to expect a bit more?
Sony lifts the lid on two new Bluetooth turntables with sleek, minimalist designs
Ease of use is high on the agenda
Sphere Entertainment’s New Playbook: Smaller Venues, Less Risk, Bigger Returns
The $2.3 billion Las Vegas Sphere looked like a financial disaster at first glance, but a deeper look reveals why smaller venues may be the key to making the entire model work.
My Company Just Turned 25. These Four Lessons Changed How I Run a Legacy Business
Time rewards the businesses that keep their promises, even when no one is watching.
Gilt Yields Rise, Sterling Falls as Political Uncertainty Resurfaces in U.K.
A local district election could usher in the return of Andy Burnham, reports suggested, providing a route back to parliament for the current mayor of Greater Manchester, seen as a figurehead for those on the left of the ruling Labour Party.
BOB COSTAS RETURNS TO NBC SPORTS, TO HOST SUNDAY NIGHT BASEBALL PREGAME SHOW
Costas Served as a Play-by-Play Voice and Host for NBC Sports’ MLB Coverage for 15 Seasons & Was Honored in 2018 by Baseball Hall of Fame with Historic Ford Frick Award for Excellence in Baseball Broadcasting
Academy Sports + Outdoors Recalls Magellan Odyssey Rocker Chairs Due to Injury and Fall Hazards
Consumers should immediately stop using the recalled chairs and return them to any Academy Sports + Outdoors store for a full refund. Consumers can also contact Academy’s Customer Care to return the chair by mail at no cost.
Exynos 2600’s Xclipse 960 Obtains A 21% Lead Against Snapdragon X Elite’s Adreno iGPU In Geekbench 6’s OpenCL Tests, But Things Take An Immediate Turn When Comparing Vulkan API Results
The latest Geekbench 6 OpenCL test comparison shows the Exynos 2600 beating the Snapdragon X Elite, but the Vulkan results are different
The Jeff Boals Show Returns Tonight at The Gem Sports Bar
ATHENS, Ohio — The Jeff Boals Show returns this Thursday, January 22, on the Ohio Sports Network from Learfield, presented by Holzer Health System. This week, the live broadcast will take place from 6pm-7pm at The Gem Sports Bar. The event is open to the public and free to attend. Join the "Voice of Bobcat Basketball," Jason Toy, and the seventh year head coach of the Ohio Bobcats, Jeff Boals, for a weekly recap and a look ahead at upcoming matchups. This week's special guests include redshirt senior guard Dior Conners (Columbus, Ohio) and Ohio Softball head coach Jenna Hall.
Transfer news: Jean-Philippe Mateta, Jorgen Strand Larsen, Tammy Abraham, Joshua Zirkee - the strikers who could move in the January window
Strikers are hot property in the transfer market and Sky Sports News has identified eight forwards who could move in the final days of the window; Jean-Philippe Mateta wants to leave Crystal Palace, Tammy Abraham could return to England, while Jorgen Strand Larsen is back in the headlines
Alarm as US mulls prioritising citizens in research funding
A senior White House official said the Trump administration is considering ways to prioritise research funding to American citizens, triggering alarm in the research community that the country could destroy its century-long status as a magnet for overseas talent.Michael Kratsios, director of the White House Office of Science and Technology Policy (OSTP), said last week that it is “important for us to continue to emphasise the use of federal R&D dollars towards American scientists and technologists that are staffed by Americans in their labs.” Asked about support for Chinese students during a Congressional hearing, Kratsios went on to say that in future funding announcements, the OSTP would “emphasise” that “we're funding American students.”The precise meaning of his impromptu comments, and what they could mean in policy terms, isn’t yet clear. The OSTP did not respond to multiple requests for clarification from Science|Business.But given that US science and technology has relied on overseas talent for the past century, Kratsios’s words have alarmed former US science officials.Immigrants have made up around 30-40% of US Nobel Prize winners since the 1940s, for example. Except for some sensitive projects, countries typically grant research funding on a nationality-blind basis, lest they deter foreign scientists from immigrating. “If director Kratsios’s statements are taken literally and become official policy of the White House, [research-intensive] universities will likely have to close labs if not entire research divisions,” said David Biggs, a former science and technology official in the US State Department. In their most extreme interpretation, Kratsios’s comments would imply that foreign scientists established in the US would see access to funding curtailed. This would “result in many world-leading professors who work in the United States in fields that this administration considers a priority (like fusion energy, artificial intelligence, and quantum computing) leaving the country,” said Cole Donovan, a former US science diplomat, and now associate director at the Federation of American Scientists.CripplingHowever, given the context of the conversation, Kratsios may have been referring more narrowly to funding for doctoral or postdoctoral students. At the hearing, he said he wanted to see labs staffed by US citizens. But even this would have devastating consequences for the US science system, say former officials, because the country is so dependent on early-career foreign researchers. Recent statistics show that nearly half of those in the US with a PhD in science, technology, engineering or mathematics (STEM) are considered short-term visitors, or non-residents in the official terminology. If this included residents who are not yet citizens, the proportion would likely be even higher. “Foreign PhD students are really a significant and core part of the university STEM workforce, and postdocs is similarly large,” said Donovan. Preventing US-based academics from hiring them from overseas would be a serious blow, he said. “If it's the case that this administration intends to limit funding to labs staffed only with US citizens, the effect will be to cripple the American scientific enterprise,” said Chris Marcum, a former OSTP official. “To think that these researchers can simply be replaced is a pipe dream. The labs will close,” said Marcum. Go elsewhereAround half of US-trained postdocs are foreign-born, said Biggs. “If these top international students cannot get funding to do their research, or even if they hear that funding for foreign students has been greatly restricted and will be super competitive, they will no longer choose to study in the US and will go elsewhere.” It’s unclear for now if Kratsios’s comments will translate into a real policy shift. But they could add to turmoil in the US science system since Donald Trump took over as president one year ago. Related articlesNIH turmoil risks reciprocal EU-US access to health research fundingUS set to close office responsible for global science and technology dealsTrump halts new NIH grants to international health-research partnersSince then, nearly 8,000 grants at the National Institutes of Health and National Science Foundation have been frozen or terminated, Naturereports. Courts have overturned most of these cancellations, but the disruption caused remains significant. Both those agencies have also dished out around a quarter fewer grants this year than normal, the journal reported. International student enrolment is also down by 17%. The Trump administration also proposes to cut research budgets by around a third, although Congress may mollify the cuts.
Do Incentives Matter When Politics Drive Emigration?
SURF postdoctoral fellow Emil Kamalov explains why political freedoms outweigh material benefits for many Russian emigrants considering return.
Alarm over US plan to prioritise citizens in research funding
The US’s leading science official has said the country will focus its research spending on scientists with US citizenship, triggering alarm that the country could destroy its century-long status as a magnet for overseas talent.Michael Kratsios, director of the White House Office of Science and Technology Policy (OSTP), said last week that it is “important for us to continue to emphasise the use of federal R&D dollars towards American scientists and technologists that are staffed by Americans in their labs.” Asked about support for Chinese students during a Congressional hearing, Kratsios went on to say that in future funding announcements, the OSTP would “emphasise” that “we're funding American students.”Kratsios’s precise meaning, and what it could mean in policy terms, isn’t yet clear. The OSTP did not respond to multiple requests for clarification from Science|Business.But given that US science and technology has relied on overseas talent for the past century, Kratsios’s words have stunned former US science officials.Immigrants have made up around 30-40% of US Nobel Prize winners since the 1940s, for example. Except for some sensitive projects, countries typically grant research funding on a nationality-blind basis, lest they deter foreign scientists from immigrating. “If director Kratsios’s statements are taken literally and become official policy of the White House, [research-intensive] universities will likely have to close labs if not entire research divisions,” said David Biggs, a former science and technology official in the US State Department. In their most extreme interpretation, Kratsios’s comments would imply that foreign scientists established in the US would see access to funding curtailed. This would “result in many world-leading professors who work in the United States in fields that this administration considers a priority (like fusion energy, artificial intelligence, and quantum computing) leaving the country,” said Cole Donovan, a former US science diplomat, and now associate director at the Federation of American Scientists.CripplingHowever, given the context of the conversation, Kratsios may have been referring more narrowly to funding for doctoral or postdoctoral students. At the hearing, he said he wanted to see labs staffed by US citizens. But even this would have devastating consequences for the US science system, say former officials, because the country is so dependent on early-career foreign researchers. Recent statistics show that nearly half of those in the US with a PhD in science, technology, engineering or mathematics (STEM) are considered short-term visitors, or non-residents in the official terminology. If this included residents who are not yet citizens, the proportion would likely be even higher. “Foreign PhD students are really a significant and core part of the university STEM workforce, and postdocs is similarly large,” said Donovan. Preventing US-based academics from hiring them from overseas would be a serious blow, he said. “If it's the case that this administration intends to limit funding to labs staffed only with US citizens, the effect will be to cripple the American scientific enterprise,” said Chris Marcum, a former OSTP official. “To think that these researchers can simply be replaced is a pipe dream. The labs will close,” said Marcum. Go elsewhereAround half of US-trained postdocs are foreign-born, said Biggs. “If these top international students cannot get funding to do their research, or even if they hear that funding for foreign students has been greatly restricted and will be super competitive, they will no longer choose to study in the US and will go elsewhere.” It’s unclear for now if Kratsios’s comments will translate into a real policy shift. But they could add to turmoil in the US science system since Donald Trump took over as president one year ago. Since then, nearly 8,000 grants at the National Institutes of Health and National Science Foundation have been frozen or terminated, Naturereports. Courts have overturned most of these cancellations, but the disruption caused remains significant. Both those agencies have also dished out around a quarter fewer grants this year than normal, the journal reported. International student enrolment is also down by 17%. The Trump administration also proposes to cut research budgets by around a third, although Congress may mollify the cuts.
Avala Global continues to make money despite staff turnover
The Viking Global spin-off was one of the industry's most-anticipated launches in recent years.
Science on Tap Beer Festival returns to OSC for fifth year
More than 30 Central Florida breweries are participating in the OSC fundraiser that teaches beer science and more amid sampling and raising money for kids’ programming.
Tougher stance on Trump is 'very good for business', says JP Morgan's Europe boss as CEOs welcome tariff U-turn
Market watches breathed sigh of relief on President Donald Trump's tariff U-turn, but keep focused on corporate resilience.
A US return to the World Health Organization could hinge on whether Trump approves of its next leader
Trump’s withdrawal from the disease-fighting alliance took effect Thursday.
Mainz complete Posch signing
Former TSG Hoffenheim defender Stefan Posch has completed his return to the Bundesliga.On Thursday morning, Mainz confirmed the signing of the Austrian international, who joins on loan from Italian si...
We dream, we dare, we decouple — how Colorado turns values into policy
By Kathy White Gov. Jared Polis’ final State of the State address was a clear victory lap. After eight years as governor, he used the moment to highlight accomplishments, reflect on progress and remind Coloradans what his administration has delivered. That is understandable. There is a real record to point to, and much of it […]