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Blizzard is now the "top performing" Xbox studio, says internal emails — as the Overwatch-maker ends FY26 over-delivering on Microsoft's projections
In leaked emails verified by Windows Central, Blizzard President Johanna Faries celebrated the Xbox division's stunning growth, over-delivering on expectations.
A 0.42-nanometer breakthrough could push transistors beyond silicon
Atomically thin semiconductors could enable dramatically smaller and more efficient chips, but a stubborn problem at the boundary between materials has limited their performance. Researchers have now engineered that atomic interface to protect electron flow while still allowing extremely thin insulating layers. The resulting transistors delivered an unusually strong combination of electrical control and performance.
Report: Panthers are expected to sign QB Kyle Trask
Panthers quarterback Haynes King injured his hamstring in the Hall of Fame Game this week and they are set to add another quarterback to the roster for the coming practice week.
Laremy Tunsil to be evaluated after leaving Saturday's practice
The Commanders are waiting for word on left tackle Laremy Tunsil's condition after he picked up an injury on Saturday.
Lane Johnson: This is probably my last year
Johnson is heading into his 14th season with the Eagles.
Mike Tomlin hasn't thought about returning to coaching, yet
For now, he doesn't miss it. That could change when the regular season starts.
Larry Fitzgerald refuses to call himself "retired"
Larry Fitzgerald will be inducted into the Pro Football Hall of Fame today, and he'll turn 43 years old this month.
Rasmussen shines again: Rays 2, Mariners 1
The Tampa Bay Rays and Seattle Mariners kicked off a three-game set in Seattle on Friday night and the pitching matchup that featured Drew Rasmussen and Logan Gilbert did not disappoint. The pair of aces delivered a throwback edition pitcher’s duel and luckily for the Rays, Drew Rasmussen emerged victorious. The righty turned in yet […]
Mark Wilf: Our family intends to be part of the Vikings for a "very, very long time"
The Wilfs have owned the Vikings for 21 years.
Carbondale hands out hundreds of fresh food boxes
CARBONDALE — Around 500 food boxes were given out on Friday between resident pickups, deliveries and donations from the Carbondale city government.
Improving Communication With Relatives on an Older Adult Mental Health Inpatient Ward: A Quality Improvement Project
Introduction Communication with relatives is a vital part of delivering high-quality healthcare, particularly within older adult mental health inpatient services where many patients have cogn...
Jahmyr Gibbs: The contract process was extremely stressful
There was reason to believe that Lions running back Jahmyr Gibbs was close to signing a contract extension on Thursday morning when he suited up for practice for the first time at training camp and those thoughts became a reality when news of an agreement broke later in the day.
DeMarcus Lawrence returns for 13th season after considering retirement
Seahawks defensive end DeMarcus Lawrence capped his 12th NFL season with his first Super Bowl ring.
Ravens to sign LB Jamon Johnson
The Ravens will close out the week by adding a linebacker.
Inside the Zay Flowers deal
Earlier this week, the Ravens and receiver Zay Flowers agreed to terms on a new deal that, by way of new money, put him in the Justin Jefferson tax bracket at $35 million annually.
Colts CB Cam Taylor-Britt suspended one game
The Colts won't be able to put cornerback Cam Taylor-Britt in the lineup for their season opener against the Ravens.
Inside the Jahmyr Gibbs deal
The Gibbs deal is virtually identical in structure to the Bijan Robinson deal.
Peter Skoronski signs four-year extension with Titans
The Titans have made a significant commitment to one of their key offensive players.
Tashiba Williams: How Mobile Wound Care Is Expanding Healthcare Access
As a family nurse practitioner and the founder of ADA Family Health Clinic, a mobile wound care and primary care practice serving patients across Texas and Louisiana, Williams represents healthcare professionals whose clinical experience may contribute to leadership and care-delivery discussions.
Broncos DL Matt Henningsen carted off at Friday's practice
Broncos defensive lineman Matt Henningsen had to be carted off the field during Friday's training camp practice.
Rural behavioral health in New Mexico: why the money doesn't become care
A nonprofit healthcare CEO says New Mexico has plenty of money but needs to approach delivering services in rural areas differently.
Two months since it was "a few weeks away," The Athletic hasn't finished its Dianna Russini investigation
Four months to the day since the controversy first emerged, The Athletic has not yet finalized its internal investigation of its former NFL Insider, Dianna Russini.
Lane Johnson is expected to practice on Friday
Eagles right tackle Lane Johnson's absence from training camp has come to an end.
Falcons release 2022 second-round pick Troy Andersen
The Falcons announced the release of linebacker Troy Andersen on Friday morning.
Red Sox's Caleb Durbin: Delivers game-winning run
Red Sox's Caleb Durbin: Delivers game-winning run
Mike LaFleur on Carson Beck: The same thing I keep seeing in practice
Beck threw for 188 yards and a touchdown in the Hall of Fame Game.
Researchers Examined 500 Self-Help Techniques. Only These 20 Passed the Science Test
Skip the trendy advice and unproven social media hacks—here are the few science-backed strategies that consistently deliver real results.
White Sox Minor League Update: August 6, 2026
Cholowsky goes deep as the Dash and Knights deliver
Sean McVay declines to discuss Rams' plans for Australia travel
On most topics raised during a press conference, Rams coach Sean McVay is willing to provide reporters with an answer.
Carson Beck throws for 188 yards, TD in impressive preseason debut
Carson Beck has played in much bigger games than the Hall of Fame Game, so it probably should come as no surprise that the lights weren't too bright or the stage too big.
In Upset, Andy Ogles Loses to a Republican Challenger in Tennessee
Mr. Ogles, a two-term congressman, had held off primary threats before, despite controversy. But on Thursday, Charlie Hatcher, a former state agriculture commissioner, delivered an upset.
Aaron Donald decision could be made in the coming days
Donald could be on the field for 30-40 snaps in Week 1 vs. 49ers.
Sean Payton Delivers Unfortunate Update on Jaylen Waddle
This is a situation to monitor. The post Sean Payton Delivers Unfortunate Update on Jaylen Waddle appeared first on HEAVY.
NFL suspends Saints WR Brock Rechsteiner for the first six games
The NFL has suspended Saints wide receiver Brock Rechsteiner for the first six games of the 2026 season.
Business owner and attorney deliver demand notice to Savannah leaders over liquor license dispute
The owner of a Savannah event venue and her attorney have sent city officials a 14-page legal demand, requesting $500,000 in lost revenue and a formal review of the West Savannah alcohol overlay that has blocked the business from obtaining a liquor license.
Joe Buck, Troy Aikman enter contract year at ESPN
The first hint came in April, when Joe Buck declared that he'd like to spend the rest of his career at ESPN — with the caveat that no talks had commenced on a contract that expires after the upcoming season.
Returning flames, fed-up health workers, skydiver’s delivery: Catch up on the day’s stories
CNN’s 5 Things PM brings you the stories you might have missed during your busy day.
Jon Gruden "fired up" to broadcast Bucs preseason game
Jon Gruden, who won Super Bowl XXXVII as Tampa Bay's head coach, will be in the broadcast booth as the play-by-play announcer for the Bucs' second preseason game against the Chiefs on Aug. 22.
Protect College Sports Act debate has ‘failed’ to listen to Black Americans, CBC says - Live Updates
“The people most affected by this legislation have not been meaningfully included in shaping it,” CBC Chair Yvette Clarke said in a statement.
With a new contract due, Puka Nacua makes agent change
On the surface, Rams receiver Puka Nacua isn't clamoring aggressively for a new contract.
Braxton Jones, Montez Sweat left Bears practice early
The Bears had players on both sides of the line of scrimmage leave practice early on Thursday.
2026 MLB Odds: 5 Best Post-Trade Deadline Bets
Will Hill delivers his five MLB best bets post-trade deadline. See his pick for the World Series matchup and the winner.
Steelers sign DB Israel Mukuamu
The Steelers have brought in a defender that Mike McCarthy knows well.
OL Greg Van Roten visits the Patriots
The Patriots are taking a look at a veteran offensive lineman on Thursday.
PENN Entertainment (PENN) Tops Q2 Earnings and Revenue Estimates
PENN Entertainment (PENN) delivered earnings and revenue surprises of +25.71% and +0.06%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Ravens OC Declan Doyle: Ja'Kobi Lane a friendly guy to throw to, has hands like Michael Thomas
Zay Flowers landed a big new contract in Baltimore this week, but he's not the only wideout that the Ravens are excited about for the 2026 season.
More than 280,000 eggs delivered to Foodlink as part of price fixing settlement
The AG's office says three companies coordinated to artificially inflate prices.
Jonathan Taylor agrees to two-year extension with Colts
Taylor is set to make $44 million under the terms of his new deal.
Samsung QS90H soundbar review: An all-in-one promise fulfilled
The QS90H actually delivers on the all-in-one soundbar promise thanks to new woofers and a unique driver layout.
Mike Macdonald provides update on Zach Charbonnet's rehab
Zach Charbonnet underwent surgery to repair the torn anterior cruciate ligament in his left knee on Feb. 20.
Bijan Robinson's congratulations included a text from Matthew McConaughey
Yes, Matthew McConaughey is a Commanders fan.
Myles Garrett returns to practice Wednesday
Myles Garrett returned to practice on Wednesday, according to multiple reports.
Lions re-sign WR Tarik Black
The Lions re-signed wide receiver Tarik Black on Wednesday, the team announced.
Jordan Addison shouldn't be out long with jammed thumb
Vikings wide receiver Jordan Addison jammed his thumb, but his absence from practice should not be long, coach Kevin O'Connell said.
Bijan Robinson: Jahmyr Gibbs and I told each other to hang in there
Bijan Robinson and Jahmyr Gibbs have been mentioned in conjunction with one another a lot this offseason and their contract pushes were also the subject of conversations between the two running backs.
Texans sign WR Montrell Washington
The Texans signed wide receiver Montrell Washington, the team announced Wednesday.
Kirkwood bar gives women’s sports a home in Atlanta
As women’s sports continue to draw larger audiences nationwide, a new sports bar in Atlanta’s Kirkwood neighborhood is putting those games front and center.
HDMI® 2.2 Specification: More Bandwidth for Richer Color and Immersive Entertainment
Color bit depth delivers image quality by enabling how many shades of red, green, and blue can be displayed for every pixel on the screen. But it needs the bandwidth.
Delivering dignity and care through Community Health Ministries
This National Health Center Week, Ascension celebrates our Community Health Ministries (CHMs) for expanding access to care in the communities they serve.
Chartbook 464 The"China squeeze" - the politics of development counterfactuals.
There are three types of China shock discourse. Each has a distinct temporal register. China shock 1.0 was a phrase coined by US academics in the 2010s to retrospectively summarize the impact on particular US labour markets, which they identified through painstaking empirical investigation. China shock 2.0 on everyone’s lips in Europe in the mid 2020s is an alarm raised by trans-Atlantic policy thinkers warning of a coming disaster which they project onto Europe’s ailing car industry. The third type of China shock discourse - commonly known as the “China squeeze” launched most recently by Indian economists Shoumitro Chatterjee and Arvind Subramanian in the pages of Foreign Affairs - mobilizes a different, more speculative temporal register: the counterfactual realm of alternate history. The China squeeze argument asks not what has happened, or what is going to happen, but what might have been. Specifically, what options for economic development might have been open to Global South economies like India or the economies of sub-Saharan Africa, had it not been for China’s spectacular industrialization since the late 1990s and the persistent competitiveness of China’s manufacture in low-skilled segments. Chatterjee and Subramanian’s argument is that whilst China has built a powerful position in electrical machinery and other high-skill manufacturing, which is now delivering China Shock 2.0, it also continues to run a trade surplus in low-skill, labour-intensive manufacturing. This surplus is large and has remained largely unchanged in fifteen years. Indeed, in the 2010s, in trade with low-income countries, China’s surplus rapidly increased. On their reading, this squeezes low-income producers in low-skill sectors in which they “should” be able to compete. Source: “China’s Mercantilist Squeeze on Developing Countries” Shoumitro Chatterjee and Arvind Subramanian. Peterson Institute for International Economics 26-7 May 2026 Chatterjee and Subramanian’s wording is telling: (emphasis mine) The canonical trajectory of economic development in the post-World War II period is for countries to transition from agriculture to manufacturing, first in low-skilled manufacturing and then later on to high-skill manufacturing (Herrendorf, Rogerson, and Valentinyi 2013). At the global level, this implies that high-income countries (HICs) that once specialized in low-skilled activities cede manufacturing export space to poorer countries that come along to occupy that space. In 1965, advanced economies accounted for about 60 percent of global value-added exports in four key low-skilled manufacturing sectors, i.e., apparel, leather, textiles, and footwear. Over time this share declined and began to be occupied first by the East Asian tigers and, beginning in the late 1990s, by China. Today China accounts for about 50 percent of the global market. The question is whether China, with its rising prosperity, is continuing to behave like its richer counterparts and ceding export space to poorer followers or to behave unlike them and continuing to occupy space. In terms of the conceptual maneuvers it performs, of the three China shock discourses, the “China squeeze” argument is by far the most ambitious. After all, it bases its critique of China on a counterfactual imagining of the world. Like any counterfactual argument, to construct this alternative reality it must rely on a heuristic model. To make their argument Chatterjee and Subramanian mobilize two key claims. The first reference point is the actual history of rich-country industrialization, what they refer to as the “canonical path”. The idea is that countries transition from agriculture to light industry and low-skilled manufacturing and from there up the value chain. To make this useful as a standard of comparison and a means to construct a normative standard, they adjust sectoral export shares for two factors: 1. the underlying level of economic development of the exporting country, as measured by national income and 2. the degree to which the sector in question is internationalized. The idea being that for a high income country to have a high export share in low-skill sectors is anomalous and even more so if that particular product is highly internationalized and thus suitable for being “conceded” to lower-income competitors. Where should this process end? Here Chatterjee and Subramanian introduce their second benchmark. Their normative idea of a global development path is one in which, in due course, low-skill manufacturing exports are distributed in proportion to a country’s share in the global labour force. They imagine, in other words, a world of proportional, polycentric global development without much national specialization in low-skill manufacturing. A useful benchmark is that, in labor-intensive manufacturing sectors, a country’s share of world exports should be broadly commensurate with its share of the world’s low-skilled labor endowment. … In the Heckscher-Ohlin model, this would be true if value added per worker and export propensities, i.e., fraction of output that is exported, are the same across countries. It is this pleasant liberal vista of orderly global development, progressing towards a general distribution of low-skilled manufacturing against which they judge reality and conclude that the low-income countries are suffering a “China squeeze”. China is not exiting low-skill sectors fast enough Allowing for its gdp level and the degree of globalization, China’s share of low-skill manufacturing exports is far higher than it “should” be. Relative to population, its low-skill share of exports is far too high. That in turn yields the conclusion that huge numbers of jobs - the authors suggest tens of millions - are being hoarded by China. For the four sectors captured in figure 4, this excess in value-added exports is $110 billion in 2022. For all low-skilled sectors overall captured in appendix figure D.1, excess value-added exports amount to $365 billion. The crowding out of LMIC exports by China is therefore substantial. Both these claims have in common that they are strong structuralisms. The first is that development paths ought to resemble each other. The second is that broadly speaking as far as low-skilled manufacturing is concerned, all countries are alike. If the world currently diverges from the distribution of trade implied by these assumptions, if China is not following the advanced economy path and has huge exports, this must be the result of “policy”, which the authors then put in question as illegitimate or unfair. Thus the naturalistic construction of a canonical path leading to a “level” distribution of low-skilled manufacturing reveals itself to be a polemical tool. From the point of view of China shock polemics, this discourse is no doubt welcome. But as an account of economic history, it must surely be regarded as nothing short of bamboozling. Development paths do not follow a regular, natural sequence. As David Fishman put it aptly, “development is not a queue”. They are always and everywhere, through and through political. Development is not so much a process, as a project. Each such project is more or less well adjusted to its context. As Gerschenkron taught uneven and combined development implies differentiation rather than simple imitation on a single parth. It may be true that Europe and the US exited relatively early from low-skill work. But clearly technology has changed. As C&S themselves point out, China no longer enjoys a low wage environment. Do they really believe that such huge differences can be accounted for either by industrial policy, which as they admit does not operate powerfully in low-skill sectors, or by exchange rate manipulation? What is overwhelmingly dominant in explaining the persistence of “low-skill” manufacturing in China are surely the network effects of complex supply chains. Indeed the label of “low-skill” may miss the point. The degree of globalization which Chatterjee and Subramanian decide to conjure away in their model of the development path - to allow for the fact that Europe and American textiles exporters did not enjoy just-in-time logistics in the 1950s - obscures the point that the networks through which Chinese factories supply the world are themselves key parts of the low-skill industrialization project. China isn’t knocking out 1970s style “cheap”. It has redefined the entire product cycle. C&S’s casual reference to “T-shirts” is telling. In today’s “fast fashion”, there is weight on both terms. Fashion and fast. China’s success in delivering on both at unprecedentedly high speed and at unprecedentedly low cost, isn’t a low-skill operation at all. If we see development trajectories not as the serial repetition of the same, but as distinctive, crafted projects that cumulate in complex agglomerations of skill, technology and labor, then this explains why the assumption that low-skilled manufacturing should follow the distribution of population flies in the face of all experience. As countless cases attest, low-wage, low-income developed economies are not by themselves the makings of a competitive production base. As Leon Liao puts it quite fairly: “International trade has never been allocated according to population. A country’s population gives it no natural claim to an equivalent share of global exports." And the remarkable fact is that Subramanian alone and with co-authors has long been making this point, not to pillory China, as is the case of the tendentious _Foreign Affair_s and Peterson pieces, but to highlight the great counterpart to China’s industrial success, namely India’s relative failure. The much-quoted Foreign Affairs piece showed low-skill export shares only for China, not for India. If you put both countries in the picture as Chaterjee and Subramanian have done on other occasions, the picture looks like this. China is far above the line, but India, almost as large in terms of population, is no less anomalous, just in the opposite direction. As far as global populations are concerned, and the imagining of tens of millions of “squeezed” jobs, it is this Sino-Indian pair that account for a huge share of the action. What this graph reveals is not China’s cheating, but India’s “greatest development failure”, at least this is the argument made Arvind Subramanian, this time in co-authorship with Devesh Kapur, in their major book, A Sixth of Humanity. Independent India’s Development Odyssey which appeared with Oxford University Press earlier this year. In this highly critical work on India’s development, China is repeatedly evoked, not to criticize but as a benchmark against which to illuminate what India’s political economy has not delivered i.e. large-scale formal employment for hundreds of millions of citizens. Kapur and Subramanian leave no doubt, if you want to understand why China, not India was the main driver of manufacturing globalization from the 1980s, don’t look to slots opening up in the division of labour thanks to the liberal mindedness of advanced economies, look to the contrasting political economy of the Maoist PRC and India’s post-independence political economy. As Kapur and Subramian note: The great divergence between China and India did not begin in 1978 with the Deng reforms—it was well underway by then. In one of the great ironies of modern history, the conditions created by Maoism turned out to be a great launching pad for industrial globalization. As the comparison of India and China in 1980 makes clear, to imagine manufacturing would be equally distributed when populations are so differently endowed in terms of educational and nutritional is fanciful. Here is the data from Kapur and Subramanian, data which I explored back at the very beginning of Chartbook. As Kapur and Subramanian insist, the striking fact is that even as India’s growth accelerated from the 1980s, structural change has not. Formal employment in India lags woefully behind. Why? As Kapur and Subramanian note, the path-dependent impact of India’s poor early start was devastating. The list of factors they mention is long and weighty: We argue for a new five-fold explanation applicable at different stages of Indian history: in the initial stages, the legacy of two key pre-1980s policies, the neglect of agriculture and the strangling of the domestic private sector, were critical. The failure of broad-based agricultural growth militated against rural industrialization, which would have been devoted to satisfying local needs that would have necessarily been labour intensive. Then, when the boom came after 1980, the thicket of regulation and broader labour protections that were legislated prematurely in a nascent democracy, underpinned by a deep ideological aversion to private capital in general and big capital specifically, became a barrier to attaining the size that would be necessary to compete globally. Similarly, the reforms after 1991, while wide-ranging, did not quite encompass non-tradeable inputs critical to manufacturing, namely, land, logistics infrastructure and power. A combination of low investment (logistics infrastructure), regulation (land) and the continued monopoly supply by state governments (power), combined with residual socialism, kept costs at 75–100 per cent above efficient supply. These factors were compounded on the supply side by the government, which dominated the formal labour market and established exorbitantly high wages at the lower end of the skill spectrum. This made their employment in the labour-intensive sector by the private sector less attractive. Finally, when the services sector and its exports boomed, wages soared even further via a Dutch Disease effect: one successful tradeable sector killed and cannibalized another less-skilled tradable sector, namely, manufacturing. Thus, scarcity-inducing policies of the planning era, precocious democracy and a Gandhian aversion to size; inefficient, monopolistic supply of critical non-tradable inputs; the behemoth of government; and super-successful skill-intensive services successively undermined India’s unskilled labour employment opportunities. The employment failure seems to have been over-determined. … Less quantifiable but no less important are some of the sociological factors that have undermined manufacturing and factory jobs. Take the impact of the success of the IT sector—located in urban areas with better working conditions, such as air-conditioned offices, good schools for children and attractive entertainment options. It became a more attractive place for engineering and management graduates to flock to. … Consider manufacturing and female employment. Indian society makes it difficult for women to work, reflected in India’s unusually low female labour force participation (elaborated in Chapter XIII). Indian society, in particular the routine harassment of women in public spaces, makes it even more difficult for them to travel long distances to take up work.37 Combined with onerous regulations on creating hostels and dormitories for women—which, in turn, prevents multiple shifts of operation—factories need to be located in areas with a large female labour pool. While firms can take apparel plants to female labour or bring them to the plants by building large-scale dormitories, this raises costs. If there was a case for subsidies to encourage labour-intensive manufacturing, housing subsidies to build dormitories for women workers would be a good place to start. All of this meant, that when opportunities did open up, in part thanks to adjustments in China, India was in no position to take advantage. Here is the account of the 2020s from Kapur and Subramanian. It stands in dizzying contrast to the one-sided, “China squeeze” argument delivered in the Peterson and Foreign Affairs pieces: In 2022, for example, India’s share of global exports in clothing (the canonical labour-intensive sector) was 3.1 per cent compared to 32 per cent for China. This is extremely disappointing because China started vacating export space in this sector after the Global Financial Crisis as its wages started rising; it then vacated further space in the aftermath of geopolitical developments that led investors to seek alternative investment locations. Between its peak and today, China lost about 7.5 percentage points of global export share (worth about $43 billion in 2022); over this period, India’s export share remained stagnant at 3 per cent, while that of Vietnam and Bangladesh rose by 3.5 to 4 percentage points. China’s loss did not translate into any gain for India in terms of low-skill exports and employment. Put differently, when the conditions for dynamism and prosperity were established after 1991, and even more tantalizingly when the global export opportunities opened up, it was as if India was a high-wage economy and only skilled labour could benefit from the dynamism. It had converted its physically abundant unskilled workforce into an economically expensive resource, penalizing its use. It is not my mission here to argue for or against Kapur and Subramanian’s interpretation of India’s development trajectory. The point in this context is simply that the “China squeeze” such as it is can only be understood, in relation to the heavy burden of domestic constraints that Kapur and Subramanian so unsparingly enumerate. I am concentrating here on India because it is the great counterpart to China and the unspoken reference point of the “China squeeze” discourse. But the point is more general. Can anyone with a straight face suggest that the main problems afflicting the development of South Africa or Nigeria, the great centers of mass underemployment in sub-saharan Africa, are cheap competition from China driven by Beijing’s industrial policy and an undervalued RMB? Likewise, is the main problem of the American working-class the threat of Chinese competition or the manifest crisis of social reproduction in the United States itself? The point here, as in the discourse around China shock 2.0 in Europe, is to insist that we should not normalize the world and pathologize China, without actually investigating what is going on in America’s industrial wastelands, the German car industry, or India’s lopsided labour market. One-sided pathologization should be understood for what it is, a polemical gesture. Concepts like China shock and China squeeze are, what Reinhart Koselleck, following Carl Schmitt, would have described as “asymmetrische Kampfbegriffe”, or “asymmetrical counter-concepts” or “asymmetrical combat concepts”. If the function of arguments like the “China squeeze” is to alert elites in the rest of the world of the need to rejuvenate and energize their development projects, so be it. But let us see the resulting discourses as the mobilizing interventions that they are. Interestingly, a significant slice of China’s public sphere - the so-called industrial party - have been obsessed for the last twenty years with precisely these questions of counterfactual economic history. Since the mid 2000s, a massive online discourse developed around an alternative history in which Chinese techno-patriots were asked to imagine how they would proceed if they had the possibility of traveling back in time to transport modern technology into the Ming dynasty (1368-1644) thus averting the “great divergence” of the 18th and 19th centuries. It is a fantasy of course, but also a goad. The point was not directed at Westerners. The alternate history is dramatically nationalist, but few n the West had even heard of it until recently. The adherents of the industrial party are not liberal moralists. They don’t project natural ladders of international development and ask why others don’t cede space. They take the Realpolitik of global economic development for granted. Their pointe was directed against fellow Chinese. The rallying cry of the alternative narrative was this: Now that we are beginning to gain steam and push forward on our national development path, now that we are breaking out of the inferior position assigned to us even in the early years following WTO accession, do not lose yourself in humanistic imaginings about better futures. In the spirit of Deng, they called on China to embrace the hard truth of development. Perhaps one might of the Industrial Party as a cultural trend born out of desire for symbolic revenge against those who had inflicted the century of humiliation. In terms of the various temporalities of the “China shock” - retrospective, prospective and counterfactual - one might think of the Industrial Policy discourse as truly speculative, conjuring up the China shock that never was. Or perhaps one might better think of it as imagining a world in which a powerful China was no shock at all, but simply a defining fact of modern history. I love putting out Chartbook. I am particularly pleased that it goes out for free to thousands of subscribers around the world. But, writing this newsletter takes a lot of work. If you are enjoying it and would like to support the project, sign up for one of the subscription options here. It is the equivalent of a fancy cup of coffee per month! Subscribe
Uber Revenue Rises 12% Driven by Delivery Business Growth
Uber Technologies notched higher revenue in second quarter, driven by growth in its delivery business as the company continues to grow volumes and active users.
Nuclear waste delivers a political haymaker. Five states say it can be done.
From proposals to bury waste under the Gulf of Mexico to shooting canisters deep underground, GOP-led states mainly see economic opportunity.
SpaceX's science fiction dreams come with an astronomical bill
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Reds owner Bob Castellini crashes Francona session, delivers message
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Free agent TE Zach Ertz cleared for football activities
Free agent tight end Zach Ertz said in April that he didn't want his torn ACL to be the final act of his NFL career.
Aaron Donald looks to establish a media and entertainment footprint
As defensive tackle Aaron Donald focuses for now on whether he'll end a two-year playing hiatus in pursuit of a second Super Bowl ring, he's activating a longer-term vision for his post-football future.
Galaxy S27 Ultra to use inkjet lens printing across all three rear cameras
Instead of the usual anti-reflective films, they’re using a precise application of matte ink delivered through inkjet printing.
Carson Beck to start Hall of Fame Game for Cardinals
Cardinals fans will get their first chance to see rookie quarterback Carson Beck in game action on Thursday night.
Jonathan Taylor may land a two-year extension
When it comes to running back contracts, much of the focus has been on the guys who are (or, as to one of them, were) holding in: Falcons running back Bijan Robinson and Lions running back Jahmyr Gibbs.
Microsoft delivered plenty of Windows 11 updates in July — and I'm highlighting the most important changes for your PC
Microsoft spent the second half of July improving Windows 11 with better customization, improved search, smoother updates, and long-requested Taskbar controls.
‘I did not steal’: Jacksonville businesses accuse influencer of taking money without delivering. He denies it
A social media influencer accused by Jacksonville-area businesses of taking money for food reviews and failing to deliver what they expected is pushing back against the allegations, saying he never stole from anyone and that some of the claims against him are false.
MrBeast Sales Slow, Angel Stock Falls, MUBI and Neon Look for Hits, and Will an NBA Franchise Set a Sales Record?
(Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industry and business strategy. I write a weekly Streaming Ratings Report and a bi-weekly strategy column, along with occasional deep dives into other topics, like today’s article. Please subscribe.) You probably remember egg prices spiking a few years ago. This led to a lot of debate between the pro-market/pro-competition/antitrust/Neo-Brandesian crowd and the center/center-right/center-left/abundance/libertarian crowd over the cause, whether it was the avian flu outbreak or whether industry consolidation led to price fixing, using avian flu as a convenient cover. Basel Musharbash wrote a whole investigation at BIG looking at it. Well, two years later, we have our answer: it was price fixing. The Justice Department found proof, via emails, of price fixing. Indeed, just the threat of an investigation brought prices down two years ago: I bring this up because at least half a dozen of my favorite political writers and pundits, who were skeptical about price fixing at the time, haven’t written any mea culpas on this issue. It’s really dispiriting and makes it much, much harder to trust their work on other issues. If you take a hard stand on an issue, then you get it wrong, you need to explain how and why you got it wrong. Or update your priors. This is how epistemological bubbles are formed! All of which is to say, it’s time for another installment of “What I Got Right, What I Got Wrong”. Last issue, I mostly focused on the “wrong” side of the equation, so today’s is a bit more balanced, but with one big mea culpa (though I still stand by my original concerns). Let’s dive right in! Subscribe CORRECTION: UFC Didn’t Release Subscriber Data (But Seems to Have Bragged About It Internally) In my analysis of the viewership of UFC Freedom 250, I wrote... “Paramount has also released datecdotes bragging about their subscriber numbers. Earlier this year, they claimed that the first UFC fight on Paramount+ brought in 1 million subscribers.” Well, that datecdote did not come from a PR rep, but from great reporting from James Faris at Business Insider. The actual quote was this: “Paramount’s flagship streaming service generated about a million new subscribers on the day of its first-ever UFC event, Paramount product chief Dane Glasgow told employees in a town hall on Tuesday morning, three staffers who attended the meeting told Business Insider.“ This wasn’t the biggest goof in the world; even Faris emphasized to me that this is more a “clarification” than a correction. Still, it sounds like, internally, the folks at Paramount were very happy about this result—and I’m guessing they were happy with this news getting out—even though the gains didn’t last through the quarter, dropping to 700K adds. RIGHT: MrBeast’s Struggles Continue... I’m very skeptical about MrBeast’s burgeoning media “empire” and, in particular, its $5 billion valuation, as I wrote earlier this year and last year. Sure enough, according to Business Insider, regarding its “booming” consumer products division_:_ “US sales volume grew 13% year-over-year in 2025, following a 33% leap the previous year, according to a presentation deck dated May 2026....A February 2025 investor deck viewed by Business Insider showed Feastables’ net revenue more than doubled in 2024 from 2023, to $215 million, and was forecast to grow 74% in 2025, to $375 million.” [Emphasis mine.] If you told investors that you projected 74% growth but delivered 13%,1 that’s not ideal. But it’s not just MrBeast. Logan Paul and KSI’s Prime had sales drop in half for their energy drinks. It’s one thing to build a successful entertainment company and an entirely different thing to succeed in the heavily-consolidated-but-also-very-competitive consumer packaged goods space! CPGs are dominated by a few firms with very wide moats compared to YouTube, which has few barriers to entry. These businesses require different skill sets and have completely different business environments. WRONG: Does the NBA Have an $8 Billion Bidder? Almost as soon as I published my article about the NBA’s finances, casting skepticism on NBA expansion, I saw this Front Office Sports headline: One group “claims to have already raised $8 billion” for the Vegas expansion team. I mean, wow. That’s just $2 billion less than what the Los Angeles Lakers were valued at when they were sold just last year. And they’re arguably the most popular team in the NBA. (Side note: the new owner is now under an investigation for fraud in how he went about financing the Lakers and the Dodgers purchases.) So much for the “dried up” language I used in that article. (This is why I usually stick to my “Entertainment Nuance Guy” tone in articles...) I went off old information—from April, when I read/heard about the NBA downplaying expansion efforts—instead of doing a quick double-check for new news. That said...if you read the article, the market for Seattle is “slow”, with just one reported bidder. So I wasn’t entirely off. This goof has annoyed me since I first published it, mainly because it undercut that article’s real point, which I stand by: NBA franchises are really overvalued right now. Now, I get why NBA teams are overvalued. When it comes to owning sports teams, it’s basically never wrong to assume that some rich person somewhere will care more about owning a team (or just being part of a group since they’re so expensive) than the actual financials. There are only so many teams to own, and opportunities to buy in preferred markets don’t come along very often. This explains why the teams sell for such high multiples (usually above a 10 to 12.5 revenue multiple, which is very high). You only need one person to overpay! Beyond the ultra-wealthy luxury good explanation, I worry NBA teams are becoming speculative assets. More and more private equity investors are buying into NBA teams. But the value, in owning a team, comes from selling it later, not any meaningful relationship to revenue or profit growth. In other words, the newer NBA owners are increasingly expecting someone later to buy their inflated asset. That’s not sound economics; that’s the “greater fool” theory at work.2 At some point, actually making money has to matter. Especially since revenue growth is now below the growth of the stock market. (And this matters because the NBA doesn’t have easy levers to pull to drastically lower their costs—half of their revenue has to go to players and then you actually have to run a team, including coaching, training, travel, media expenses, and more—or raise revenues aside from one-off expansions in America and overseas.) I just don’t see how investors make their money back buying NBA teams, except for selling at a higher price later on down the line. But if revenue/profit growth continues to slow, at some point, someone will be left holding the bag. RIGHT: Baseball and Basketball are about equally popular. Related to the above, I wanted to cite two quick pieces of evidence for one of my other theories: that the NBA and MLB are about as popular as each other, but the NBA gets much, much better media coverage. One YouGov survey has that fans prefer basketball to baseball by 52% to 48%, which I’m guessing is within the margin of error for that poll. That’s virtually even, meaning they’re about the same popularity. Over on NBC, a recent Red Sox-Yankees game averaged 4 million viewers, higher than Sunday Night Basketball’s average of 3.4 million on the same network. A Yankees-Dodgers game averaged 3.9 million two weeks ago. Not every game averages this much, but it shows you that baseball isn’t far off from basketball, depending on the matchup. Altogether, the NBA is just slightly more popular than baseball, but NBC is paying MLB a fraction of what they pay the NBA, a point I’ve made before. RIGHT: Angel, MUBI and Neon Updates... I’ve long been skeptical about many of Hollywood’s buzziest startups/smaller indie studios. It’s not that they don’t make great movies—films like Anora and Everything Everywhere All at Once are amazing—or that they’re not (rightfully) pushing the majors to make better films, but...they get a ton of hype, and that hype often doesn’t live up to the reality or difficulty in scaling up. Starting with MUBI, well, The Wall Street Journal wrote a feature on MUBI’s struggles last April, best summarized by the subheader “After Sequoia valued Mubi at $1 billion, a left-wing revolt sent the indie film company into a tailspin”. MUBI lost $7.3 million on $200 million in revenue in Q4 2025, but reportedly hit a record 1.7 million subscribers at the end of Q1. As for Neon, Department M purchased a “significant stake” in the company earlier this year. How much is that “stake” worth? According to Deadline, “No financial figures for the Neon-Department M deal were disclosed.” So...that’s not great! If it was a big valuation, we’d hear about. Also, I found this curious: “Both Neon and Department M already have separate partnerships with Qatar. The Qatar Film Committee has a slate deal in place with the former, and a biopic production pact with the latter.” Color me skeptical about much Middle Eastern investment dollars. See: LIV Golf. Finally, as for Angel (formerly Angel Studios), their stock very, very slightly popped last month after Young Washington ($20 million budget) which made $45 million in the US, but their stock is still way down from its opening. Smaller Updates RIGHT: The WGA should focus on antitrust concerns! I’ve been on this for years. Post-WGA/AMTPT deal in 2023, I wrote an article for the Ankler calling on the WGA to focus and organize against industry consolidation. Sure enough, the WGA filed a lawsuit against the Paramount-WBD merger, and people are organizing around this issue now. I wish this energy had coalesced earlier (specifically to lobby Washington much earlier), but better late than never! WRONG: Actually, the chip shortage might be due to market manipulation. In my last “Long Reads for the Long Summer” article, I shared an article about how LLMs are causing memory chip prices to spike, which will make all electronics more expensive. Well, turns out, three RAM manufacturers control 90% of the market, and now a private lawsuit accuses them of price-fixing. So yeah. WRONG/UPDATE: The Odyssey will hold! Two weeks ago, I wrote, “As of this moment, we haven’t had a super-blockbuster, though The Odyssey, Spider-Man: Brand New Day and Avengers: Doomsday could all cross the $500 million mark. (At this point, The Odyssey would need a very strong hold to get there.)” Well, it’s safe to say it’s going to have that hold! It only dropped 30% in weekend two and IMAX screenings are sold out all month. Spider-Man: Brand New Day is also off to a great start. RIGHT: People are rushing to get shows out yearly. I’ve long been bullish on yearly, weekly-released shows, and Leslie Goldberg at The Ankler wrote about how many people in town are now listening. WRONG: Mark Carney reverses Canada’s stance on homegrown production. After writing about Canada installing domestic production quotas, Canada has backed off. WRONG: I don’t trust Spider-Man: Brand New Day’s online “views”. When I originally wrote about the latest Spider-Man film’s record-breaking trailer, I thought this was just YouTube views, but after watching this Corridor Crew video and doing more research, well, it’s all social views of the trailer globally. Really? That stat includes TikTok, Reels and YouTube Shorts views. Basically, I don’t trust it anymore. (This film will probably set record, but I trust the pre-sales data more.) RIGHT: Celebrity Production companies are still struggling. I’ve written about this for years, but the company that I didn’t track was Kevin Hart’s HartBeat, which was valued at $650 million but is struggling now and might just end soon, especially after Kevin Hart pulled his endorsement deals. And Bad Robot is moving to NYC. CORRECTION: SpongeBob is a “second run” title. In my 2025 recap article, I had _SpongeBob SquarePants_labelled as a “library” title, when it is still a “second run” show, with new episodes still coming out on Nickelodeon. CORRECTION: In my last “What I Got Right, What I Got Wrong” update, I offered a correction from Doug Creutz and misspelled TD Cowen. Thanks, Grammarly! 1 Though he could have increased prices to make up for the gap, he couldn’t have increased them that much. 2 There’s a theory, which I think that Daryl Morey created and Bill Simmons popularized, that, to be successful building your team, you only need a handful of bad GMs in the league to take advantage of. To be clear, Daryl Morey’s theory was also for signing bad contracts, that you could always get out of bad contracts. Basically, there’s always someone who will make a bad trade. It’s not the same exact thing, but similar enough to the Greater Fool Theory that I really like it.
Falcons have spent plenty on core players this year
With the new contract for running back Bijan Robinson, the Falcons have recently given big deals to four young players who have become part of the nucleus of the team.
Advancing Science and Its People Through a Unified ACS Identity
The American Chemical Society (ACS) unveiled its evolved brand that reflects the organization's evolution, its growing global impact, and its vision for a world built on science. Launching during ACS' 150th anniversary year, the evolution strengthens how the organization delivers its mission to advance scientific knowledge, empower a global community, and champion scientific integrity.
Robert Wood Johnson University Hospital, Cooperman Barnabas Medical Center Named Best Hospitals by U.S. News & World Report
RWJBarnabas Health hospitals are once again recognized for delivering exceptional patient care and outstanding clinical outcomes in the 2026-2027 U.S. News & World Report Best Hospitals edition for adult healthcare services.
Volunteer network born during immigration crackdown becomes DFL organizing force
Minnesotans who organized bus stop escorts and grocery deliveries during the immigration crackdown are now becoming party delegates, campaign volunteers and even candidates for office.
Living longer could hinge on one surprising dietary change, study review suggests
A review of 350+ studies finds protein restriction triggers the hormone FGF21, delivering longevity benefits similar to calorie restriction.
Nurses deliver petition opposing CommonSpirit Health’s planned layoffs of frontline health care workers
RNs delivered a petition to their employer opposing CommonSpirit Health’s planned layoffs of more than 175 frontline health care workers signed by more than 5,000 nurses. The nurses held a rally and press conference to protest the proposed layoffs at 17 hospitals in California and their impact on patient safety. The nurses are demanding that CommonSpirit Health immediately rescind the layoffs.
Acoustirats and Jordan Lauterbach to Perform at LI Music & Entertainment Hall of Fame on Aug 23rd
As part of the Long Island Music and Entertainment Hall of Fame Soundtrack to Summer Series, the band Acoustirats will perform LIVE music and Comedian Jordan Lauterbach will open with comedy set at the Long Island Music and Entertainment Hall of Fame in Stony Brook Village (97 Main Street, Stony Brook, NY) on Aug. 23th from 3-4pm. The event is free for members or with general admission ticket purchase or $10 at the door concert ticket purchase. For details on this and upcoming events please visit https://www.limusichalloffame.... About AcoustiRats AcoustiRats is an acoustic duo dedicated to stripping Good Rats classics down to their raw, essential form. Fronted by Stefan Marchello, lead singer and 36-year veteran of the Good Rats, alongside guitarist Matt McCarthy, who also did a run on guitar with the band. Between them, they've got decades of Good Rats DNA in their blood. After years of playing these songs loud and electric, Stefan and Matt are thrilled to break them down to the bare bones. No frills, no amps cranked to 11 — just voice, acoustic guitar, and the songwriting that made the Good Rats legendary. It's the same attitude and stories fans know, delivered in a raw, intimate format. For diehard Good Rats fans, it's a new way to hear the classics. For first-timers, it's proof that great songwriting doesn't need to be loud to hit hard. About Jordan Lauterbach Jordan Lauterbach is a fast-rising comedian who features prominently in clubs around the country. His autobiographical style and supreme wit keep audiences laughing for hours after they leave the club. Lauterbach is likable, relatable, and tremendously funny. He has opened for some of comedy's best and is quickly carving out an audience of his own.
DT Moro Ojomo has had contract talks with Eagles
The Eagles signed Jalen Carter to a contract extension last month and there have been talks with another member of the defensive line as well.
HHS Announces HRSA Health Centers Deliver Record-Breaking Care to More Than 32.7 Million Patients
HRSA-Funded Health Centers Served More Americans Than Ever in 2025 while Expanding Access to Primary Care, Mental Health, Dental Care, and Preventive Services.
Regal Global Entertainment Delivers Biggest Weekend in Company History
/PRNewswire/ -- Regal Global Entertainment delivered the biggest four day weekend globally in the company's history (July 30-Aug. 2), generating more than $160...
How to Train, Fuel, and Recover, According to Science
I've spent 17 years writing about how the human body builds fitness, and I distilled the most important lessons into a new ten-part email series. Read the first installment below, and sign up today to get the rest delivered directly to your inbox.
Jason McCourty gets a spot on Monday Night Countdown
The McCourtys are taking over prime-time NFL pregame shows.
Mike McCarthy wants Aaron Rodgers to play in first two preseason games
The Steelers have a new head coach this season and they have a new plan for Aaron Rodgers in the preseason.
The hidden cost of Mamdani’s plan for cheap groceries
New York City probably can’t deliver “Costco For All.”
From kitchen-table idea to growing mobile business: Southern Mamas Loaded Teas expands in Greenville
Southern Mamas Loaded Tea is serving more than loaded teas. The Greenville-based mobile business has built a following in Owensboro through deliveries, catering, community events, and what owner TeAnnah Widdrington describes as a strong focus on giving back.
After lost rookie season, Bucs LB David Walker is turning heads again
Last year, Buccaneers rookie linebacker David Walker was making a great impression.
Steelers sign S Rayshawn Jenkins, cut Darnell Savage
The Steelers signed safety Rayshawn Jenkins to a one-year contract, the team announced Sunday.
Titans sign defensive tackles Khalen Saunders, Laki Tasi
The Titans have two new defensive tackles in camp.
Let’s do science: Share your wild turkey sightings
MAINE—All good wildlife management starts with science, and all good science starts with data. That’s where you come in. Maine’s Wild Turkey August Production Survey invites community scientists to play a direct role in monitoring our state’s wild turkey population. Whether you enjoy watching wildlife from your window, spend time hiking, hunting, or exploring the outdoors, or just need an excuse to get outside, you can help. Each summer, Maine’s wild turkey hens are busy raising the next generation of birds. By reporting your sightings and observations, you’ll help our biologists monitor annual reproduction rates, track population trends, and make informed management decisions that support healthy, sustainable turkey populations for generations to come. The information collected helps ensure there are abundant opportunities for both wildlife watchers and hunters to enjoy Maine’s wild turkeys. It’s easy to participate! Whenever you see wild turkeys anywhere in Maine during August, simply report: Date and location of your observation Number of adult females (hens) Number of adult males (gobblers) Number of poults (young turkeys) Estimated poult size relative to the adult hens Every observation counts, even if you don’t see poults. Together, these reports provide a clearer picture of turkey productivity across the state and are an important part of Maine’s wildlife management. Ready to help? Report your turkey sightings online using the Wild Turkey August Production Survey. Submit an Observation Subscribe Share Leave a comment
James Robinson gets a tryout with Raiders
Six years after running back James Robinson rushed for 1,070 yards as a rookie in 2020 with the Jaguars, he's looking for a path back to the NFL.
Federal Policy Priorities To Strengthen Rural Health and Maximize Rural Health Transformation Program Investments
Executive Summary Rural health care in the United States is at an inflection point. The Rural Health Transformation Program (RHTP), enacted as part of H.R. 1, is a $50 billion, five-year investment designed to help states improve access, quality, and outcomes by transforming rural health care delivery. This investment takes place alongside an estimated $137 … Continued
Kelvin Sheppard Sends Blunt Message About Terrion Arnold
Kelvin Sheppard delivered a pointed assessment of former Lions cornerback Terrion Arnold. Detroit’s former first-round pick is now facing a serious legal battle after his release from the organization.