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Bruin Capital CEO George Pyne on appetite for live sports: Sports is having a moment
George Pyne, Bruin Capital founder and CEO, joins 'Squawk Box' to discuss the 2026 NBA Finals, consumer appetite for live sports, 2026 World Cup, and more.
AMC Entertainment Holdings, Inc. Successfully Completes $150 Million At-the-Market Equity Offering
LEAWOOD, Kan., June 11, 2026--AMC Entertainment Holdings, Inc. (NYSE: AMC) ("AMC" or "the Company"), announced today that it has completed its previously disclosed $150 million at-the-market ("ATM") equity offering launched on February 9, 2026. AMC raised $150.0 million of new equity capital through the sale of approximately 105.3 million shares, before commissions and fees.
Social Security is Facing a Political Crisis
On Tuesday the Social Security Trustees released their latest report on the system’s finances. The numbers didn’t change much: Unless something is done, the Old Age Survivors and Disability Insurance (OASDI) program, Social Security’s official name, will be unable to pay full benefits starting in either 2032 or 2034, depending on some technical issues. That’s not far away: If the Trustees are right, the prospect of a Social Security crisis will loom over the next presidential administration. It’s important to understand, however, the nature of the looming crisis. It won’t be an economic crisis. It won’t even be a serious fiscal crisis. Whatever you may have heard, Social Security isn’t in danger of going bankrupt. What we’re facing, instead, is potential political crisis. Congress and the White House could easily take action to sustain America’s retirement system. But given the current state of our politics, there’s no guarantee that they will. There is a widespread misunderstanding of how Social Security works. While Social Security was designed to look like a pension fund, it isn’t. A pension fund pays benefits out of a stock of assets it has accumulated over time. In contrast, Social Security operates as a government transfer program, like food stamps or Medicaid. Now, unlike food stamps — but like the highway trust fund — Social Security is on paper supported by a dedicated tax, the payroll tax, that is assigned to that program. But I say “on paper” because from an economic point of view assigning the payroll tax to Social Security is just an accounting convention. What matters for the U.S. economy is the overall balance between government spending and government revenue, not the difference between one type of spending and one source of revenue. So there’s no inherent economic significance to the fact that by 2034 payroll tax receipts will be insufficient to cover promised benefits. There is, however, a legislative issue. As long as the Social Security Administration can pay benefits out of payroll taxes and its cash reserve, there’s no need for Congress to vote each year to authorize benefits — they just keep going out until further notice. However, once those resources become insufficient, benefits will fall —by 17 percent according to the Trustees — unless Congress passes new legislation that “tops up” Social Security’s finances. Yet the current administration and Republican party are such extremists that there is a real risk that Social Security will be held hostage on behalf of their goals. If this should come to pass, the hostage-takers will claim that shoring up Social Security is unaffordable. Right on cue, Mike Johnson, the Trump-sycophant Speaker of the House, declared on Monday that “entitlement programs” like Social Security “have to be adjusted and fixed,” and that Republicans will introduce a plan to that effect next year. But this is a ploy, because while the cost of maintaining Social Security benefits at their promised level isn’t trivial, it is in fact affordable. According to the Trustees’ report, the actuarial balance of OASDI up through 2050 — the amount of additional funds it would need to keep paying full benefits for the next 25 years — is 1.06 percent of GDP. To put that number in perspective, the Trump administration proposes increasing military spending next year by $420 billion, equivalent to about 1.4 percent of GDP – without any discussion of whether that’s affordable Yet how did we get to the point where Social Security will need to be topped up? The main answer is that we have an aging population, with a growing ratio of retirees collecting benefits to workers paying into the system: Trump’s anti-immigration policies are making this problem worse. According to the Trustees’ report, lower immigration will deepen Social Security’s financial hole because many immigrants are working-age adults who will pay into the system for decades before they collect benefits. In fact, this problem may be much bigger than the report acknowledges: The report’s baseline assumption is that we’ll have net immigration of almost 1.2 million people a year, and even the pessimistic case assumes 750,000 a year. Meanwhile actual net immigration has already been cut far below that — and may now be negative. Moreover, Social Security is being financially damaged by growing income inequality in America. Payroll taxes are levied only on wages up to $184,500, and they don’t touch capital income. With the distribution of income increasingly shifting from labor to capital, as well as becoming more unequal among wage-earners, revenue from the Social Security payroll tax has been falling as a share of national income. From 1990 to 2024, it fell from 5.02 percent of gross domestic income to 4.46 percent. Which brings me to the question that, these days, we ask about everything: How might Social Security be affected by the advent of AI? A short answer: If, as many of us fear, AI accelerates rising income inequality, it will further reduce the payroll tax receipts that currently pay for Social Security and further endanger its finances. On the other hand, if AI, as its advocates promise, leads to faster economic growth, it will increase the potential tax base that could and should be used to support Social Security and other social insurance programs. But to take advantage of that larger base, we’ll have to get serious about taxing wealth and capital income. Is Social Security in trouble? Yes, but only because of the way its financing is currently structured — a structure that no longer works well because our society and economy have become so unequal. Moreover, Trump’s immigration policies are further endangering its already deteriorating financial condition. So don’t believe Republicans’ gaslighting that it will be necessary to cut Social Security benefits. All that is necessary to preserve Social Security is political will to raise taxes on the wealthy and a sensible immigration policy. MUSICAL CODA Actually 67 under current law.
You are witnessing an independent movement in Idaho politics
Because primary elections often nominate candidates who are either too extreme or unlikely to win, many voters are looking for a better option, writes Rod Gramer.
Tickets are now on sale for Business Report's Excellence in Health Care Awards
Tickets are on sale now for the inaugural Excellence in Health Care Awards, where Business Report will honor the leaders, clinicians and organizations strengthening care delivery across the Capital Region. Finalists and honorees will be celebrated at an awards dinner on Wednesday, Aug. 12, at the Crowne Plaza in Baton Rouge. The evening will bring […]
Photos: St. Louis Business 500 Live
On June 9, St. Louis Magazine hosted its inaugural St. Louis Business 500 Live event, presented by WashU Olin Business School. The first session, The Decisions Behind Growth, explored how leaders navigate the realities of growth, from capital decisions and team building to the unexpected challenges and opportunities that arise along the way. Guests kicked […]
Jedify raises $24M to help companies arm AI agents with context on their business
The funding round was led by Norwest, with participation S Capital VC, Cerca Partners, and Oceans Ventures. Snowflake Ventures also participated as a strategic investor.
28th Capital Region Business Hall of Fame induction ceremony
Were you Seen at the 28th Capital Region Business Hall of Fame induction ceremony on May 28, 2026, at the Albany Marriott?
Entertainment calendar
Please email entertainment listings to entertainment518@digitalfirstmedia.com. Thursday, June 11, 2026 SARATOGA PERFORMING ARTS CENTER: 108 Avenue of The Pines, Saratoga Springs. BalletX, 7:30 pm and 10 pm. www.spac.org. CAPITAL REPERTORY…
Traveling and eating across China: 3 best food cities and 1 to skip
The food in one of China's ancient capitals left Sophie Steiner underwhelmed.
New Iowa law first step in efforts to combat fraudulent businesses, Iowa secretary of state says
Iowa Secretary of State Paul Pate said he is working with organizations like the Better Business Bureau to help address fraud in the state.
GM eyes new battery chemistry to grow AI data center, energy storage business
GM is expanding efforts to capitalize on the expected growth of energy storage and data centers and the development of next-generation sodium-ion batteries.
Business Report's Excellence in Health Care Awards spotlight the leaders redefining care in the Capital Region
Some of the biggest names in health care will be honored this summer as Business Report hosts the inaugural Excellence in Health Care Awards, recognizing the leaders, clinicians and organizations strengthening care delivery across the Capital Region. Finalists and honorees will be celebration at an awards dinner on Wednesday, Aug. 12 at the Crowne Plaza […]
Business Report's Excellence in Health Care Awards spotlight the leaders redefining care in the Capital Region
Some of the biggest names in health care will be honored this summer as Business Report hosts the inaugural Excellence in Health Care Awards, recognizing the leaders, clinicians and organizations strengthening care delivery across the Capital Region. Finalists and honorees will be celebration at an awards dinner on Wednesday, Aug. 12 at the Crowne Plaza […]
NFIB small business optimism index falls in May 2026
Soaring fuel prices are driving inflation fears among small business owners, who are pulling back on hiring and capital spending plans
What It Takes To Be A Top Tier Entertainment Lawyer in 2026
Share I’ve recently run several popular posts breaking down data related to sought after legal jobs. General Counsel Big Law Appellate Attorney Here is another in this series. Two Lawyers, One Elite Market Entertainment law can sound like a single professional category. In practice, the lawyers who reach the top of the Hollywood market often look quite different from one another. Consider two attorneys from the 2025 top-entertainment-law universe. Lesley Freeman represents one route: the company-side entertainment lawyer. She is chief legal officer of AGBO, where she oversees company-wide business and legal affairs across film, television, video game and interactive experiences, and technological innovation, after senior legal roles at MGM, Amazon MGM Studios, HBO, and O’Melveny. Daniel Petrocelli represents another route: the outside-counsel trial lawyer. He is chair of O’Melveny’s trial practice and a vice chair of the firm, with a national litigation practice that includes entertainment, sports, and media disputes. Their careers differ by platform, role, practice area, and professional identity. One sits inside an entertainment company; the other practices from a major law firm. One is associated with corporate and governance work; the other with litigation. Yet both fall within the same publicly recognized top tier of Hollywood lawyers. That contrast points to the article’s central question. If there is no single mold for a top entertainment lawyer, are the paths simply idiosyncratic, or do they follow recurring patterns? The data suggest the latter. The attorneys recognized on The Hollywood Reporter and Variety’s 2025 top-attorney lists do not follow one career template, but their paths are not random. They cluster around several defined routes: entertainment-focused private practice, company-side or operator experience, corporate and finance conversion, litigation conversion, public-service-to-litigation pathways, and smaller specialized lanes in labor, employment, and celebrity family law. Across those routes, the recurring ingredients are platform strength, educational capital or Los Angeles market proximity, long career tenure, specialized practice identity, and entertainment-industry fluency. The article examines five dimensions of the top-attorney sample: route into entertainment law, firm or organizational platform, education pipeline, seniority, and practice specialization. Data and Methodology The dataset includes 103 attorneys drawn from The Hollywood Reporter and Variety’s 2025 lists of top entertainment or Hollywood attorneys. For each attorney, the dataset tracks current organization, law school, J.D. year where available, first-known bar admission year, practice area, prior roles, platform type, and route into entertainment law. The sample is best understood as a recognized-attorney dataset, not a census of all entertainment lawyers. It captures lawyers who reached public top-tier recognition in 2025, rather than every lawyer practicing in the entertainment sector. Multiple but Defined Routes Into Entertainment Law The first question is how these lawyers entered the entertainment-law market. Because every attorney in the dataset is entertainment-related by definition, the key distinction is not whether they practice entertainment law. It is how they got there. The largest group followed what might be called the entertainment private-practice route. These attorneys appear to have built their practices around entertainment, media, talent, music, rights, production, intellectual property, or adjacent industry work relatively early. That route accounts for 40 of the 103 attorneys in the sample, or 38.8%.
NYC Health + Hospitals/Bellevue Director of Capital Design and Construction Yunjung Lee Recognized by Crain's New York Business as a 2026 Notable Leader in Architecture
NYC Health + Hospitals today announced that Yunjung Lee, Director of Capital Design and Construction at NYC Health + Hospitals/Bellevue, has been named to
NYC Health + Hospitals/Bellevue Director of Capital Design and Construction Yunjung Lee Recognized by Crain's New York Business as a 2026 Notable Leader in Architecture
NYC Health + Hospitals today announced that Yunjung Lee, Director of Capital Design and Construction at NYC Health + Hospitals/Bellevue, has been named to
Impulse Passes $1 Billion in Funding
Redondo Beach-based Impulse Space Inc. catapulted past $1 billion in total capital raised Tuesday with a new $500 million series D funding round, led by
Walkers lace up for heart health and cardiac arrest awareness
WRGB CBS 6 provides local news, weather forecasts, traffic updates, notices of events and items of interest in the community, sports and entertainment programming for Albany, New York and nearby towns and communities in the Capital City area, including Cohoes, Watervliet, Colonie, Bethlehem, Guilderland, New Scotland, Coeymans, Green Island, Knox, Berne, Westerlo, Rensselaerville, Colonie, Menands, Green Island, Ravena, Altamont, Voorheesville.
Silicon Valley founders are publicly roasting VCs online
Tech founders shared online what they said were some of their worst experiences pitching investors. Venture capitalist Vinod Khosla joined the fray.
Dua Lipa and Callum Turner throw a big Italian wedding
Rome (CNN) — On a warm Saturday night in the heart of Sicily’s capital, hundreds of guests piled into the Villa Valguarnera to celebrate the wedding of pop star Dua
Mets drop second game against Padres despite McLean’s improvement
The Mets could not capitalize on the hits they did get.
AJ Patton
Scope of work: A.J. Patton founded 548 Capital and 548 Development to help transform communities and their impact on the planet, developing solutions for the housing, environmental and economic issues facing inner cities. In 2022, he combined the firms into 548 Enterprise.Biggest professional win: 548 Capital rehabilitated a once-decrepit 79th Street building into a sustainable project with 28 affordable units, each with energy-efficient lighting, high-performance windows and state-of-the art HVAC systems, and it will soon include solar photovoltaic rooftop panels.Other contributions: Patton, a member of Crain's 40 Under 40 Class of 2022, is a member of the American Council on Renewable Energy’s Accelerate program, the Chicago Business Leadership Council banking and finance co-chair and a member of the World Leaders Forum board.Crain's 40 Under 40 Class of 2022
Argentina’s ‘Madman’: Inside the world of Javier Milei
Argentina’s self-styled anarcho-capitalist president impressed – and later alienated – many voters.
Rock Ford showcases Lancaster revolutionaries in new exhibit
It’s well known that Lancaster was capital for a day in 1777. But that’s not the only historically significant moment in our nation’s earliest years with a Lancaster County connection.
Meet America’s 43 Self-Made Billionaire Queens Of Capitalism. Plus: Questions To Ask Before Turning Your Hobby Into A Business
Welcome to this week’s ForbesWomen newsletter, which every Thursday brings news about the world’s top female entrepreneurs, leaders and investors straight to your inbox.
Pritzker moves to end data-center incentives
It’s a noteworthy move for Pritzker, who ran for governor eight years ago as a business-friendly venture capitalist who focused on technology.
SEC names five new members of small business advisory committee
The US Securities and Exchange Commission (SEC) has appointed five new members to its Small Business Capital Formation Advisory Committee.
Capital Region businesses brace for sales boost for final Belmont Stakes in Saratoga
High Growth Tech Stocks In Asia Featuring Damai Entertainment Holdings And 2 Others
In recent weeks, Asian markets have been navigating a complex landscape influenced by global geopolitical developments and economic indicators. As investor sentiment remains buoyant with optimism surrounding AI and technology advancements, this article explores high-growth tech stocks in Asia, featuring companies like Damai Entertainment Holdings that are poised to capitalize on these trends. A good stock in this environment is one that demonstrates resilience through innovation and has the...
WATCH: Capital Planning Commission seeks more info on proposed 'Trump arch' after public comment session
The vote came after nearly three hours of public comment from about 20 members of the public, some representing historic and architectural organizations, and most of whom expressed concerns about the arch that is one of several projects the Republican president is pursuing to leave his imprint on Washington.
Mastercard is a great business to look at outside of the AI space: Argent Capital's Jed Ellerbroek
Jed Ellerbroek, Argent Capital Management, joins 'Power Lunch' to discuss where else investors can look outside of AI and tech.
A political split in Oregon's Columbia River Gorge
Visit Hood River, as so many people do, and you’ll see on the front windows of many downtown businesses a sign saying: “We are immigrants,” and sometimes next to them signs saying, “No trespassing — no federal agents — agents lacking judicial warrants will be turned away.” Many took care to advertise an April 23 […]
Arch Announces Leadership Changes Across Insurance Business
Arch Capital Group and Arch Insurance North America announced a series of leadership changes this week, including executive promotions across its wholesale insurance platform, a planned CEO succession, and the retirement of a longtime property insurance leader.At the parent company level, Arch Capital previously announced that President and Chief Underwriting Officer Nicolas Papadopoulo will succeed Marc Grandisson as chief executive officer effective March 1, 2027. Grandisson will remain executive chairman following the transition.
Baron SMID Cap ETF Sold Flutter Entertainment plc (FLUT) in Q1
Baron Capital, an investment management company, released its first quarter 2026 investor letter for its “Baron SMID Cap EFT”. This is the first full quarter of results for Baron SMID Cap ETF® (BCSM). A copy of the letter can be downloaded here. Baron SMID Cap ETF® focuses on investing in small, fast-growing businesses that demonstrate significant […]
Fighting in Somalia’s capital as anger over election delay erupts
Residents flee from their homes due to fighting between two warring political factions.
Eli Manning's private equity firm acquires licensing company for NFL Flag in bet on youth sports
Eli Manning's Brand Velocity Capital announced a deal to acquire youth sports company RCX amid congressional bill to ban private equity from youth sports.
Armed clashes erupt in Somalia’s capital ahead of a planned anti-government demonstration
Opposition figures say the rally planned for Thursday was intended to protest what they call constitutional violations and efforts by President Hassan Sheikh Mohamud to extend his tenure. The government has rejected those allegations.
Shanghai urged to unify incentives as EU firms in China flag rising challenges
European chamber pushes for ‘one Shanghai’ policy as survey reveals cross-border capital flow and market access barriers weigh on operations.
Dave Roberts says Dodgers have the capital to trade for Tigers ace Tarik Skubal: 'They would go ballistic'
Boston leads list of best places for foreign businesses in FT-Nikkei ranking
Massachusetts capital pulls ahead of previous winner Tampa on skilled workforce and rising investment
Alphabet's capital raise signals the end of low capex, high earnings business model: Expert
Blind Squirrel Macro's Rupert Mitchell hints at how investors may be underestimating a key transition underway when Big Tech moves to capital-intensive AI infrastructure operations. This move, the veteran capital market banker suggests could reshape the market dynamics that helped fuel U.S. equity outperformance over the past decade.
Ron DeSantis says Elon Musk took on The Swamp ... and The Swamp won
America's Governor is back in the Nation's Capital.
New Topeka vehicle repair business celebrates grand opening
There is a new vehicle collision repair business in Topeka ready to serve the capital city.
American capitalism has taken an apocalyptic turn
Millenarian thinking permeates business and markets
Sheridan Capital Partners Completes Investment in National Alternative Health Insurance Technology Company Tres Health
Sheridan Capital Partners (“Sheridan”) today announced the completion of its investment in Tres Health, Inc. (“Tres” or the “Company”), a national alternativ...
Evoke Entertainment Secures $35 Million Production Financing Facility to Accelerate Expanding Film & Television Slate
Institutional capital partnership strengthens independent studio's ability to finance and produce content across film, television, and streaming platforms Stan Spry CEO Stan Spry, CEO Evoke Entertainment LOS ANGELES, June 03, 2026 (GLOBE NEWSWIRE) -- Evoke Entertainment has secured a senior secured production financing facility of up to $35 million backed by a leading institutional private credit fund with extensive experience in media, entertainment, and asset-based lending.The revolving produc
Centrist Democrats launch new pledge: ‘We are capitalist, not socialist’
A pair of Democratic House members who won Republican-held seats want others to sign a vow for moderate policies.
DC’s Audi Field to host the NWSL Championship once again
The premier championship match in the National Women’s Soccer League will once take place in the nation’s capital.
How does Idaho’s trans bathroom ban affect businesses? Attorneys break it down.
In about a month, Idaho’s new law banning transgender people from using bathrooms that align with their gender identity will take effect.
Genoa pushing for El Shaarawy’s return
Stephan El Shaarawy is waiting to find out his future. After a long stint with the Giallorossi, the 1992-born player is enjoying his holidays after finishing his spell in the capital on a high note wi...
Factorial Raises $150 Million to Expand AI Agents in Business Software
Venture-capital firm General Catalyst led the funding round—that also attracted interest from Atomico and Four Rivers—as AI reshapes the business-management software market.
WhiteHawk Capital Partners Closes $390 Million Refinancing For The Star Entertainment Group
WhiteHawk Capital Partners, a private credit investment manager focused on asset-based financing solutions, announced the closing of a US$390 million senior secured financing for The Star Entertainment Group. The transaction provides additional liquidity to The Star while refinancing certain existing debt obligations.
Ending soon: Earn 150,000 miles with this all-time-high Capital One Venture Business offer
It's rare to see offers this large attached to credit cards with sub-$100 annual fees, like the Capital One Venture Business.
What Makes Barrett Business Services (BBSI) a Good Investment?
Schafer Cullen Capital Management, Inc., an independent investment advisor, released its Q1 2026 investor letter for the “Small Cap Value Equity Strategy.” You can download a copy of the letter here. U.S. equity markets started 2026 with notable volatility due to geopolitical events and shifting macro conditions. The Russell 2000 rose 0.9% for the quarter, […]
Star Entertainment Group closes US$390 million refinancing deal with WhiteHawk Capital
The Star Entertainment Group’s refinancing lifeline via WhiteHawk Capital Partners has officially closed, according to a Monday announcement by the US-based private
Silicon Valley’s $140 Billion Tax Break Is Going Mainstream
At business breakfasts and investor lunches across the US, the topic du jour is a strategy pioneered in Silicon Valley to avoid paying taxes on billions of dollars of capital gains.
OpenAI and Anthropic have a new rivalry: who rings the bell first
Conventional wisdom holds that going public first is better because there is only so much capital to go around. But what if it's better to go second?
WhiteHawk Capital Partners Closes $390MM Cross-Border Refinancing for The Star Entertainment Group
WhiteHawk Capital Partners, a private credit investment manager focused on asset-based financing solutions, closed a $390 million senior secured financing for
Yum Brands in talks to sell Pizza Hut to private equity firm: report
Yum Brands is reportedly discussing a potential sale of Pizza Hut to LongRange Capital, a deal that could reshape the restaurant sector amid weaker demand.
Ford surges on energy business while US car buying remains slow
Ford's (F) plans for a new energy storage business have sent the automaker's stock soaring. RBC Capital Markets lead equity analyst Tom Narayan reacts to what this may mean for the auto company while US car buying remains stilted since the pandemic.
How Catalyst Health Ventures Found A Sweet Spot In Early-Stage MedTech
While most venture capital fled early-stage medical devices, Catalyst Health Ventures stayed, and built a disciplined model that keeps producing exits.
Qdoba completes $435 million whole business securitization
The capital will be used to support the fast-casual Mexican chain’s continued expansion
Inflation continues to eat away at the profits of small businesses
Inflation remains a growing concern for Georgia's small businesses. This is leading some entrepreneurs in DeKalb County to seek additional ways to access capital, such as loans.
Nottingham Forest in talks to sign Ziolkowski
Roma needs to make capital gains by June 30 to comply with the settlement agreement with UEFA, and among the players who could be sacrificed is Jan Ziolkowski.The Polish defender arrived in the summer...
Texas Business Court Is a Powerhouse for Resolving Civil Disputes
The Texas Business Court reflects a recognition that a large and complex economy with a capital-intensive, technology-driven industry needs a forum designed for those cases, writes White & Case’s Sean Gorman.
Ohio photo voter ID amendment prompts pushback across political spectrum
Some Ohio Republicans want to enshrine photo voter ID in the state constitution, but a hearing last week raised doubts about the effort.
Inter put off by Roma’s asking price for Kone
Manu Koné could leave the capital during the next transfer window. Roma needs to make capital gains by June 30th, and the French midfielder is one of the likely candidates to leave no later than that...
EXCLUSIVE: EU weighs excluding military-age Ukrainian men from extended protection scheme
Some EU capitals argue the framework should be revised to support Ukraine’s war effort, with any limits applying only to future applicants
Baldanzi to complete permanent move to Genoa this week
Tommaso Baldanzi and Daniele De Rossi, a duo destined to make Genoa’s fortunes. The coach brought the attacking midfielder to the capital, then asked the club to rejoin him just a few months ago as ...
Major pizza chain might sell business after closing 250 locations
The pizza dining industry is facing a flurry of mergers and acquisitions that could lead to multiple sales transactions in the upcoming months. Papa John's International's largest U.S. franchisee Nadeem Bajwa and investment firm Irth Capital are negotiating with the pizza chain to buy out the ...
Highlights: What Betamax Teaches Us About AI – The Business of Entertainment: 2nd Princeton CorpGov Forum
Watch Highlights Video Below: CorpGov hosted the second Princeton CorpGov Forum on May 21, 2026, at The Nassau Inn in Princeton, New Jersey. Speakers featured industry leaders and alumni spanning five decades at Princeton, and topics comprised university endowments, shareholder activism, private equity, venture capital, private and public capital markets, entertainment and the finance of […] The post Highlights: What Betamax Teaches Us About AI – The Business of Entertainment: 2nd Princeton Corp
Looking For Sports Gems in the Antiques Capital of the Country
Tony looks to unearth sports valuables in Lancaster County
WHO chief lands in Congo to address rare Ebola outbreak amid distrust and insecurity
The head of the World Health Organization arrived in Congo's capital, Kinshasa, to witness efforts against an outbreak of a rare type of Ebola virus.
International Flavors and Fragrances nears $4 billion deal to sell food ingredients business, WSJ reports
International Flavors & Fragrances was nearing a deal to sell its food ingredients business to private equity firm CVC Capital Partners for more than $4 billion, the Wall Street Journal reported, citing people familiar with the matter.
WHO chief lands in Congo to address rare Ebola outbreak amid distrust and insecurity
The head of the World Health Organization has arrived in Congo's capital to support efforts against a rare Ebola outbreak.
They turned hobbies into businesses drawing in analog-obsessed Gen Z
A group of right-brained entrepreneurs is capitalizing on Gen Z's love for analog experiences and turning their talents into profitable side hustles.
I’m an IVF Doctor. Business Is Booming Because Ob-Gyns Aren’t Doing Their Jobs.
Just last Monday, a woman sat across from me in my office and asked a question I have come to dread. Why had no one told her? She is 33, a therapist, married three years, and she has been to her gynecologist every year since high school. She was also on the brink of perimenopause. She had assumed that when she was ready, her body would be too. No one in two decades of annual visits had ever explained that the most consequential decisions about her capacity to bear children were being made by her ovaries on a calendar she could not see, while her doctor took her blood pressure and refilled her birth control. She is the patient I see several times a month. She is the most preventable tragedy in American medicine. I am board certified in both obstetrics and gynecology, and reproductive endocrinology. There’s a fertility crisis happening right now in America—and a furious debate about who is to blame. The alleged culprits include housing, smartphones, and capitalism. One group is getting off lightly: ob-gyns. Read [ How Perimenopause Became America’s New Health Scare ](https://www.thefp.com/p/how-perimenopause-became-americas) In July, the Centers for Disease Control and Prevention (CDC) reported that the U.S. fertility rate had fallen to fewer than 1.6 children per woman—the lowest figure in our history—despite a 2025 survey of American Gen-Z women that found that nearly three-quarters intended to become mothers. American women are not opting out of building a family. They are running out of time.
IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC
IFF (NYSE: IFF), a global leader in flavors, fragrances, food ingredients, and health and biosciences, today announced that it has entered into an agreement to sell its Food Ingredients business to funds advised by CVC Capital Partners, a leading global private markets manager, in a transaction that values the business at approximately $4.3 billion, representing an enterprise value-to-EBITDA multiple of approximately 10x.
Polish scientists and students rally in campaign for 3% funding target
Polish scientists and students have been flooding social media with calls on the government to raise research and development spending as part of 3% for Science, 100% for Poland, a campaign born earlier this month out of frustration with chronic underfunding in the academic sector. On May 27, thousands took the slogan on to the streets.The EU has been trying to convince member states to raise their R&D expenditures to 3% of GDP for more than two decades, but the idea has never gained traction in capitals. Finance ministers were too busy plugging budget holes created in the aftermath of the 2008 crisis, then the Covid pandemic, the war in Ukraine, and now the war in Iran.Critics say that countries missed or ignored the target because it is voluntary, but also because research communities have rarely raised their voice to put pressure on national governments. The European Commission hopes to make the target legally binding in the upcoming European Research Area Act, an EU-wide regulation that should be announced by the end of the year. Academia in Poland has been faced with a funding crisis for years, often leaving its members with no other choice but to work abroad in order to access better resources, or leave the sector altogether in the hope of earning a decent living. The risk, in the long-term, is that brain drain stifles local innovation capacity and technological competitiveness.In just a few weeks, the movement rallied nationwide support, including from major academic bodies and trade unions such as the Conference of Rectors of Academic Schools in Poland and the Presidium of the Polish Academy of Sciences. Its public petition collected more than 23,000 signatures. On May 27, it formed the first large protest for science in Poland, gathering thousands of people in front of the parliament building in Warsaw.Ilona Uryga-Bugajska, representative of the Marie Curie Alumni Association Poland Chapter, was there. “The protest was peaceful, with no incidents reported, and the entire event took place in a respectful and calm atmosphere,” she said. Banners she saw in the crowd carried slogans such as “A little longer and I’ll be teaching in a supermarket,” “National culture, starvation salary,” “Stop the destruction of science,” “Passion will not pay the rent,” “Without action, don’t expect a better future,” and “Pull science out of the hole.” She also observed a strong presence of young researchers, who are on the frontline of Poland’s academic crisis.“Academics are usually people who prefer discussion, analysis, dialogue and compromise. We are not a group that protests easily,” said Katarzyna Marzec, professor at the Faculty of Pharmacy of the Jagiellonian University Medical College and AGH University of Krakow, who also took part. “But many of us feel that we have been pushed against the wall.”Aleksandra Rutkowska, translational neuroscientist and research group leader at the Medical University of Gdańsk, agreed. “Frustration in the scientific community is very high,” she said. “Science is often used politically as a symbol of innovation and modernity, but the everyday reality inside many institutions is much more difficult. There is a large gap between the public narrative and the actual condition of the sector.”Maria Wiktoria Górna, head of the structural biology group at the University of Warsaw and one of the organisers of the movement, told Science|Business that the campaign would continue without proven results. This might involve another strike in the autumn, she said. “Empty promises are not enough by now.”Campaign demandsAccording to Uryga-Bugajska, the organisers officially presented their demands and concerns to representatives of the government present at the event. These included Marek Gzik, deputy minister of science and higher education, and Karolina Zioło-Pużuk, secretary of state of that same ministry.The headline demand, for the government to increase national spending on R&D to 3% of GDP by 2030, should be within Poland’s economic capacity, Rutkowska said. “The real question is whether there is genuine long-term political commitment to treating science as a strategic priority rather than a slogan.”In 2024, R&D expenditure in Poland stood at 1.41% of GDP, which is slightly above the average for central and eastern Europe, with countries such as Czechia recording 1.82%, Hungary 1.31% and Romania 0.46%. However, it falls noticeably short of the EU average of 2.24%, which just a handful of countries exceed, including Germany, Belgium and Sweden.Campaigners are also asking for fair wages for scientific staff, including PhD stipends and junior academic salaries, which are widely considered uncompetitive. Starting doctoral scholarships amount to some €843 gross per month, when the statutory minimum wage stands at €1,135. By pushing early-career researchers out of Poland, growing precarity has caused a generational gap in the academic workforce, with just 25% of lecturers aged under 40. In this context, the movement fears that scientific careers could soon be accessible to a privileged minority only.Grzegorz Spólnik is a case in point. After 15 years working in mass spectrometry at the Polish Academy of Sciences, he decided to leave partly “to earn enough money to live a normal life,” he said. “At that time, my earnings were similar to those of people working in grocery shops, and the work-life balance is something that does not exist in science, or is very hard to achieve.”Now a senior field service engineer for Polish laboratory equipment supplier Bioanalytic, he would consider going back to research, “but never in the public sector, maybe some start-up or a big private company with ambitious R&D.”The campaigners want to see more support for basic research and have called for €236 million to be added to the budget of the National Science Centre (NCN) in 2027 so that the average grant application success rate does not fall below 25%.“At the protest, there was a banner I particularly liked: ‘NCN is not a lottery.’ Unfortunately, for many researchers, it increasingly feels exactly like one,” Marzec said. “Personally, I am one of the lucky ones. I work at two of the strongest institutions in the country, where the research standards are very high. I know that in many other institutions, the situation is much worse and obtaining funding for research at an early-career stage is becoming nearly impossible.”Rutkowska also considers herself fortunate. After studying abroad and holding a postdoctoral position, she returned to Poland, where her pay was supported through an NCN-funded project linked to the Marie Skłodowska-Curie Actions. “This also made me very aware that good research conditions in Poland often depend on external competitive funding rather than on stable support from the system itself,” she said.Long-term strategyBeyond the lack of funds for both salaries and grants, scientists believe that the issue is structural. “The biggest problem at the moment is the complete lack of a clear long-term strategy for the development of science and research from the current government,” Marzec said. “Everything ends with declarations and promises that are never truly followed by concrete actions or structural reforms.”Rutkowska agreed, citing a lack of infrastructure, continuity and long-term institutional support.“Running a research group in Poland often means functioning as an entire institution at once,” she said. “I am a principal investigator, a mentor, a recruiter, a project administrator and, when needed, still someone who returns to the lab bench to help with experiments,” she went on. “This creates a large hidden workload that takes time and energy away from actual science. At times, it feels as though scientists are no longer expecting extra help; we simply hope the system will stop creating additional obstacles that make research unnecessarily difficult.”Related articlesStrategic thinking: Germany funds joint research with Poland and FrancePoland to transfer €30M of regional funds to boost Horizon Europe participationPoland is funding fewer basic research grants as high inflation hitsIn short, “academics are expected to teach, publish papers, apply for grants and conduct high-quality research, while funding and salaries remain very limited,” said Uryga-Bugajska, who returned to her home country after 13 years in the UK.According to Marzec, another issue is the way that research institutions are evaluated. Previously, this took place every four years, with a clear differentiation between stronger and weaker institutions. “The current government, perhaps to avoid political backlash, effectively concluded that everyone is doing well, so in practice no meaningful evaluation took place,” she said.But in her view, “some form of serious assessment is necessary” to ensure the excellence and international competitiveness of Polish institutions, and to determine how to best use public resources and where institutional structures need reform. “Some institutions may need to rethink hiring practices in order to attract ambitious young researchers who are capable of obtaining competitive grants and building internationally visible research groups.” Rutkowska has already had to adapt. “When hiring PhD students, I often have to combine different funding sources creatively to make positions attractive enough for talented people to stay in science,” she said. “Many young researchers do not see a stable future in academia in Poland, and that is deeply worrying.”
Polish scientists and students rally in campaign for better conditions
Polish scientists and students have been flooding social media with calls on the government to raise research and development spending as part of 3% for Science, 100% for Poland, a campaign born earlier this month out of frustration with chronic underfunding in the academic sector. On May 27, thousands took the slogan on to the streets.The EU has been trying to convince member states to raise their R&D expenditures to 3% of GDP for more than two decades, but the idea has never gained traction in capitals. Finance ministers were too busy plugging budget holes created in the aftermath of the 2008 crisis, then the Covid pandemic, the war in Ukraine, and now the war in Iran.Critics say that countries missed or ignored the target because it is voluntary, but also because research communities have rarely raised their voice to put pressure on national governments. The European Commission hopes to make the target legally binding in the upcoming European Research Area Act, an EU-wide regulation that should be announced by the end of the year. Academia in Poland has been faced with a funding crisis for years, often leaving its members with no other choice but to work abroad in order to access better resources, or leave the sector altogether in the hope of earning a decent living. The risk, in the long-term, is that brain drain stifles local innovation capacity and technological competitiveness.In just a few weeks, the movement rallied nationwide support, including from major academic bodies and trade unions such as the Conference of Rectors of Academic Schools in Poland and the Presidium of the Polish Academy of Sciences. Its public petition collected more than 23,000 signatures. On May 27, it formed the first large protest for science in Poland, gathering thousands of people in front of the parliament building in Warsaw.Ilona Uryga-Bugajska, representative of the Marie Curie Alumni Association Poland Chapter, was there. “The protest was peaceful, with no incidents reported, and the entire event took place in a respectful and calm atmosphere,” she said. Banners she saw in the crowd carried slogans such as “A little longer and I’ll be teaching in a supermarket,” “National culture, starvation salary,” “Stop the destruction of science,” “Passion will not pay the rent,” “Without action, don’t expect a better future,” and “Pull science out of the hole.” She also observed a strong presence of young researchers, who are on the frontline of Poland’s academic crisis.“Academics are usually people who prefer discussion, analysis, dialogue and compromise. We are not a group that protests easily,” said Katarzyna Marzec, professor at the Faculty of Pharmacy of the Jagiellonian University Medical College and AGH University of Krakow, who also took part. “But many of us feel that we have been pushed against the wall.”Aleksandra Rutkowska, translational neuroscientist and research group leader at the Medical University of Gdańsk, agreed. “Frustration in the scientific community is very high,” she said. “Science is often used politically as a symbol of innovation and modernity, but the everyday reality inside many institutions is much more difficult. There is a large gap between the public narrative and the actual condition of the sector.”Maria Wiktoria Górna, head of the structural biology group at the University of Warsaw and one of the organisers of the movement, told Science|Business that the campaign would continue without proven results. This might involve another strike in the autumn, she said. “Empty promises are not enough by now.”Campaign demandsAccording to Uryga-Bugajska, the organisers officially presented their demands and concerns to representatives of the government present at the event. These included Marek Gzik, deputy minister of science and higher education, and Karolina Zioło-Pużuk, secretary of state of that same ministry.The headline demand, for the government to increase national spending on R&D to 3% of GDP by 2030, should be within Poland’s economic capacity, Rutkowska said. “The real question is whether there is genuine long-term political commitment to treating science as a strategic priority rather than a slogan.”In 2024, R&D expenditure in Poland stood at 1.41% of GDP, which is slightly above the average for central and eastern Europe, with countries such as Czechia recording 1.82%, Hungary 1.31% and Romania 0.46%. However, it falls noticeably short of the EU average of 2.24%, which just a handful of countries exceed, including Germany, Belgium and Sweden.Campaigners are also asking for fair wages for scientific staff, including PhD stipends and junior academic salaries, which are widely considered uncompetitive. Starting doctoral scholarships amount to some €843 gross per month, when the statutory minimum wage stands at €1,135. By pushing early-career researchers out of Poland, growing precarity has caused a generational gap in the academic workforce, with just 25% of lecturers aged under 40. In this context, the movement fears that scientific careers could soon be accessible to a privileged minority only.Grzegorz Spólnik is a case in point. After 15 years working in mass spectrometry at the Polish Academy of Sciences, he decided to leave partly “to earn enough money to live a normal life,” he said. “At that time, my earnings were similar to those of people working in grocery shops, and the work-life balance is something that does not exist in science, or is very hard to achieve.”Now a senior field service engineer for Polish laboratory equipment supplier Bioanalytic, he would consider going back to research, “but never in the public sector, maybe some start-up or a big private company with ambitious R&D.”The campaigners want to see more support for basic research and have called for €236 million to be added to the budget of the National Science Centre (NCN) in 2027 so that the average grant application success rate does not fall below 25%.“At the protest, there was a banner I particularly liked: ‘NCN is not a lottery.’ Unfortunately, for many researchers, it increasingly feels exactly like one,” Marzec said. “Personally, I am one of the lucky ones. I work at two of the strongest institutions in the country, where the research standards are very high. I know that in many other institutions, the situation is much worse and obtaining funding for research at an early-career stage is becoming nearly impossible.”Rutkowska also considers herself fortunate. After studying abroad and holding a postdoctoral position, she returned to Poland, where her pay was supported through an NCN-funded project linked to the Marie Skłodowska-Curie Actions. “This also made me very aware that good research conditions in Poland often depend on external competitive funding rather than on stable support from the system itself,” she said.Long-term strategyBeyond the lack of funds for both salaries and grants, scientists believe that the issue is structural. “The biggest problem at the moment is the complete lack of a clear long-term strategy for the development of science and research from the current government,” Marzec said. “Everything ends with declarations and promises that are never truly followed by concrete actions or structural reforms.”Rutkowska agreed, citing a lack of infrastructure, continuity and long-term institutional support.“Running a research group in Poland often means functioning as an entire institution at once,” she said. “I am a principal investigator, a mentor, a recruiter, a project administrator and, when needed, still someone who returns to the lab bench to help with experiments,” she went on. “This creates a large hidden workload that takes time and energy away from actual science. At times, it feels as though scientists are no longer expecting extra help; we simply hope the system will stop creating additional obstacles that make research unnecessarily difficult.”Related articlesStrategic thinking: Germany funds joint research with Poland and FrancePoland to transfer €30M of regional funds to boost Horizon Europe participationPoland is funding fewer basic research grants as high inflation hitsIn short, “academics are expected to teach, publish papers, apply for grants and conduct high-quality research, while funding and salaries remain very limited,” said Uryga-Bugajska, who returned to her home country after 13 years in the UK.According to Marzec, another issue is the way that research institutions are evaluated. Previously, this took place every four years, with a clear differentiation between stronger and weaker institutions. “The current government, perhaps to avoid political backlash, effectively concluded that everyone is doing well, so in practice no meaningful evaluation took place,” she said.But in her view, “some form of serious assessment is necessary” to ensure the excellence and international competitiveness of Polish institutions, and to determine how to best use public resources and where institutional structures need reform. “Some institutions may need to rethink hiring practices in order to attract ambitious young researchers who are capable of obtaining competitive grants and building internationally visible research groups.” Rutkowska has already had to adapt. “When hiring PhD students, I often have to combine different funding sources creatively to make positions attractive enough for talented people to stay in science,” she said. “Many young researchers do not see a stable future in academia in Poland, and that is deeply worrying.”
Tony Cannon Joins Life Science Connect as Chief Financial Officer
PITTSBURGH, May 28, 2026--Life Science Connect ( "LSC") is pleased to announce the appointment of Tony Cannon as its Chief Financial Officer. LSC welcomes Mr. Cannon to the team at a pivotal moment as the Company continues to strengthen its financial infrastructure and capabilities to support its continued growth. LSC is a portfolio company of Latticework Capital Management and Edgehill Management.
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