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AMC Entertainment (NYSE:AMC) Reports Upbeat Q2 CY2026, Stock Jumps 15.2%
Theater company AMC Entertainment (NYSE:AMC) reported Q2 CY2026 results exceeding the market’s revenue expectations, with sales up 14.2% year on year to $1.6...
AMC Entertainment (NYSE:AMC) Reports Upbeat Q2 CY2026, Stock Jumps 15.2%
Theater company AMC Entertainment (NYSE:AMC) reported Q2 CY2026 results exceeding the market’s revenue expectations, with sales up 14.2% year on year to $1.60 billion. Its non-GAAP profit of $0.14 per share was significantly above analysts’ consensus estimates.
AMC Entertainment soars on record quarterly results
AMC Entertainment soars on record quarterly results
AMC Entertainment posts record quarterly revenue $1.60B and adjusted EBITDA $321.4M in Q2 2026
AMC Entertainment reported record quarterly results for Q2 2026, with total revenues of $1,596.7 million and adjusted EBITDA of $321.4 million — the highest quarterly figures in the company's history. Net loss for the quarter was $11.4 million while adjusted net earnings were $104.3 million; adjust…
AMC Entertainment Holdings, Inc. Reports Second Quarter 2026 Results, Delivering the Highest Quarterly Revenue and Adjusted EBITDA in Its 106-Year History
AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”) today reported results for the second quarter ended June 30, 2026, which have been post...
After 106 Years, AMC Posts Its Highest Quarterly Revenue
The results cover the quarter ended June 30, 2026; AMC’s live investor webcast is set for July 20 at 7:30 a.m. CDT, with an archive available for a limited time.
AMC Entertainment delivers record Q2 results as summer releases boost results
AMC Entertainment Holdings (NYSE:AMC) shares rose 11% after the movie theater chain reported second-quarter results that exceeded Wall Street expectations,...
Former Jack Daniel’s Cooperage closes in Alabama
Alabama Cooperage, previously known as Jack Daniel's Cooperage, will close in September, resulting in 71 job losses.
FDA says Taylor Farms Cyclospora lettuce test was a false positive
The FDA says its lab finding of Cyclospora in Taylor Farms lettuce linked to the Taco Bell outbreak was a false positive after experts re-reviewed results.
Colorado Republicans will have to live with the consequences of their candidate of choice
Two surprising election results this year in Colorado and Maine’s 2026 primaries compel us to examine the role of voters. It’s usually regarded as impolite, if not insulting, to question the judgment of voters. Democratic theory often implies the collective conclusions they reach capture some ephemeral element of shared wisdom. This may be true when […]
AMC Entertainment Holdings, Inc. Reports Second Quarter 2026 Results, Delivering the Highest Quarterly Revenue and Adjusted EBITDA in Its 106-Year History
Demonstrates for all to see the significant operating leverage inherent in AMC’s business model at a time of rising revenues LEAWOOD,…...
U.S. health agency now says cyclospora finding at produce company was false positive
The U.S. Food and Drug Administration said on Sunday that laboratory experts re-reviewed sample results in the Taylor Farms Cyclospora investigation and concluded the finding should be considered a false positive.
Spain's 'victory for football' over 'embarrassing' Argentina
Describing a result as a 'victory for football' might seem like a trite cliché – but the 2026 World Cup final feels closer to giving that aphorism truth than any other game.
An ordinary laptop solved a problem thought to require a quantum computer
A quantum problem once described as impossible for classical computers has now been solved using relatively modest hardware. Researchers used tensor networks to compress the overwhelming wave function created by hundreds of entangled qubits, allowing some calculations to run on a laptop. Their results matched both theoretical predictions and simulations performed with a quantum computer. The method could open new paths for exploring quantum dynamics and materials.
Major water company in distress as pool business collapses
Pentair (PNR) was one of the pandemic's quiet winners, riding America's backyard pool boom. However, that run ended this week. The company pre-announced weak second-quarter results on July 14, cut its full-year outlook, and revealed its CFO had left four days earlier. Shares dropped about 15% the ...
California Politics 360 full episode | Cheating concerns cause 11K drivers to retake test
This month, the DMV sent out letters to thousands of drivers after the agency said it “identified irregularities” in the results of some tests.
Perspective: Abandoning business
For businesses in our industry and similar sectors, the recent primary results were an alarming wake-up call that many read as “get out of Dodge, now.” To say that the results in both the Democratic and Republican primaries were surprising and disturbing to many in the business community would be an understatement. On the Republican […]
Perspective: Abandoning business
For businesses in our industry and similar sectors, the recent primary results were an alarming wake-up call that many read as “get out of Dodge, now.” To say that the results in both the Democratic and Republican primaries were surprising and disturbing to many in the business community would be an understatement. On the Republican […]
AMC Entertainment (AMC) Reports Q2: Everything You Need To Know Ahead Of Earnings
Theater company AMC Entertainment (NYSE:AMC) will be reporting results this Monday before the bell. Here’s what to expect.
AMC Entertainment (AMC) Reports Q2: Everything You Need To Know Ahead Of Earnings
Theater company AMC Entertainment (NYSE:AMC) will be reporting results this Monday before the bell. Here’s what to expect. AMC Entertainment beat analysts’ r...
KKK flyers appear in Fells Point, issuing threat over ‘teen takeovers’
Business owners found bags of rocks Friday with note signed by a group affiliated with the KKK “Teen take overs should result in teen chain gangs,” the note read. “Try and spit on our faces.”
Blue Jays' Vladimir Guerrero: Still not getting results
Blue Jays' Vladimir Guerrero: Still not getting results
UFC Oklahoma City Results: DDP vs. Usman
Dricus du Plessis, Kamaru Usman clash in UFC Oklahoma City main event
Children of Holocaust survivors face higher schizophrenia risk, Israeli study finds
It’s known that the adult children of many Holocaust survivors suffer from trauma as a result of growing up with them and hearing about their horrific experiences, or when the parents refuse to share
RAF 11 Results: Tsarukyan vs. Covington
Arman Tsarukyan, Colby Covington clash in RAF 11 main event
The Kansas Office of the State Bank Commissioner closed Small Business Bank in Lenexa on Friday
The Small Business Bank in Lenexa was closed Friday by the Kansas Office of the State Bank Commissioner after "ongoing operating losses resulted in the bank’s capital becoming critically undercapitalized under federal and state law."
Weight-loss drugs may improve job prospects and dating odds for one group
A weight-loss specialist says GLP-1 results boost confidence in job interviews and dating, but the study found no clear improvement in well-being.
USF marine science fire: St. Pete recovery operations save vital scientific research despite heavy damage
University leaders announced that recovery operations have yielded remarkably successful results two months after a lightning fire heavily damaged the University of South Florida St. Petersburg's College of Marine Science in May.
20 places on Earth that scientists still can't fully explain
From a Himalayan lake whose DNA results deepened its own mystery to a Siberian blast that still defies full explanation, these are 20 real places science hasn't fully cracked
Wildfire smoke creates health concerns across Michigan, resulting in closures and cancellations
As a sepia-toned haze continues to blanket communities throughout Michigan, some government offices, local businesses and event hosts are closing up shop, as state officials urge residents to limit their time outdoors due to hazardous air quality.
Alabama students show significant gains in science proficiency; reading, math results mixed
By Andrea Tinker, Alabama Reflector Alabama students made significant improvements in science proficiency on this year’s Alabama Comprehensive Assessment Program (ACAP) standardized test, while the picture was somewhat more mixed on reading and math scores. According to data released by the Alabama State Department of Education on Tuesday, science proficiency went up for fourth, sixth […]
Lettuce at Taco Bell in 5 states confirmed as a source of diarrhea-causing parasite
Federal health officials have identified lettuce from Mexico served at Taco Bell locations across five U.S. states as a source of the widespread outbreak of diarrhea-causing parasite cyclospora.
AMC Entertainment Holdings (AMC) Is Up 8.9% After Debt Refinancing And Note Conversion - Has The Bull Case Changed?
AMC Entertainment Holdings has advanced its balance-sheet overhaul by refinancing US$400 million of high-interest debt on better terms and converting about US$155.8 million of senior secured exchangeable notes into equity, while also preparing to report its second-quarter 2026 results on July 20. These moves reduce long-term obligations and loosen restrictive covenants, potentially giving AMC more room to support core theater operations and future refinancing efforts ahead of its upcoming...
Governor Moore Announces Code Red Air Quality Condition in Maryland Resulting from Wildfire Smoke
Governor Moore Announces Code Red Air Quality Condition in Maryland Resulting from Wildfire Smoke
Pages - Governor Moore announces Code Red air quality condition in Maryland resulting from wildfire smoke
An official website of the State of Maryland.
England players stunned by Tuchel tactics
England players were shocked by Thomas Tuchel’s World Cup retreat that resulted in his team being dumped out of the tournament by Argentina.
ArcBest announces organizational changes, 2% workforce reduction
Fort Smith-based ArcBest on Thursday (July 16) announced organizational changes and a new brand structure, with an estimated 280 job cuts resulting from the changes. The company did not disclose...
Seaport Entertainment Group Announces Second Quarter Earnings Release and Conference Call Dates
NEW YORK, July 16, 2026--Seaport Entertainment Group Inc. (NYSE: SEG) ("Seaport Entertainment Group" or the "Company") today announced it will release its second quarter financial results on Wednesday, August 5, 2026 after the market closes. The Company will host a conference call and audio webcast to discuss the results on Thursday, August 6, 2026 at 8:30 AM ET.
Students show progress in science across Alabama
Alabama students made strong gains in science and improved in all three tested subjects in eighth grade, according to preliminary statewide test results presented Tuesday (July 14).
Families USA and Leading Civil Rights and Health Care Advocacy Groups Release New Report for More Inclusive Health Care
Substantial cuts to health care under the so-called “One Big Beautiful Bill” Act could result in nearly 15 million people becoming uninsured by 2034.
Alabama students post large science gains, overall eighth-grade scores improve
Alabama students posted strong gains in science, improved eighth-grade achievement and higher ACT scores, according to preliminary statewide assessment results presented Tuesday.
Engineering Analysis Finds Portions of Business Block Ruins Are Safe to Be Preserved - Palisadian-Post
At least a portion of the standing ruins of the historic Business Block building is safe to be preserved, and consequently needs not be demolished, according to the results of a structural engineering analysis commissioned by the office of Los Angeles City Councilwoman Traci Park. The report found that approximately half of what remains of… Keep reading
Conor McGregor Says Max Holloway Fight Should Be No Contest
UFC superstar Conor McGregor says that the result of his fight against Max Holloway at UFC 329 should be overturned to a No Contest.McGregor was stopped just 69 seconds into the main event of UFC 329 when his knee gave out on him, and referee Mike Beltran stepped in and called an end to the […] The post Conor McGregor Says Max Holloway Fight Should Be No Contest appeared first on HEAVY.
2026 World Cup results, standings and schedule: Live scores, knockout round updates and how to watch
CMS proposes Medicare payment cuts in 2027—physician groups pledge to bring about change
Cardiologists received a nice bump in pay in 2026 thanks to a one-time 2.5% conversion factor increase. That expires at the end of the year, however, and physicians will see their payments decrease as a result.
The States Try to Topple WarnerMount…Thus Begins the Local Antitrust Era
(Welcome to the “Most Important Story of the Week”, my bi-weekly strategy column analyzing the most important (but often not buzziest) news story of the last two weeks. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. Please subscribe.) Well, it looks like it’s time for another strategy column. Can I finally avoid writing about M&A? No, it seems I cannot. Admittedly, I’m a week early with this column, since I usually put it out every other week. But this news couldn’t wait. This will make three “Most Important Stories” in a row with a merger or acquisition as its centerpiece. First, Roku-Fox (an acquisition), then Comcast-NBCUniversal (a divestment!), and now the State AGs and the WGA’s lawsuits against Paramount’s pursuit of Warner Bros. Discovery (antitrust). M&A is usually the “most important” topic any given week, simply because a giant company merging or breaking up (or preventing those outcomes) can have the biggest impact on the streaming board. If you think about these companies as players in a game, changing the number of players is one of the biggest changes you can make. I shouldn’t really complain, either, since this lawsuit is very good news for customers and suppliers (econ speak for talent, workers and indie studios in Hollywood). So let me answer some questions about this potential trial, along with (shudder) making some heavily caveated predictions. I’ll also look at whether Hollywood must consolidate, whether or not the states can win, trouble at X-Box, Netflix’s YouTube binge, and more. Plus, I have five images that visualize this merger and the harm, including three brand new data looks you’ve never seen before. Subscribe Most Important Story of the Week - Can The States and the WGA Stop Hollywood’s Consolidation (Crisis)? If every other newsletter and news outlet is writing about the same story, I try to avoid writing about it as well, but I can’t ignore a story this consequential. The story of the last year was the fate of Warner Bros. Discovery, and this development potentially extends that saga into 2027. As I tried to figure out my angle, I realized, like my last column, I’m again faced with a series of questions. These questions, though, are much more forward-looking. Will the states win? Will the WGA win? If so, what happens to Warner Bros. Discovery? Either way, will this chill the market for future mergers? So you know what that means: predictions. About the future, no less, the hardest thing to predict.1 Just remember: nothing here comes with a guarantee. And the more confident someone is in their predictions, the less you should trust them. This situation is incredibly fluid, nuanced, uncertain and tenuous. So let’s try to explain what may happen. Question: Why File this Lawsuit? I’ll admit, a few months back, I was fairly pessimistic about the fate of this lawsuit. Rumors had started bubbling up that the state Attorneys General (in particular California) wanted to settle with either some minor divestments (usually CNN) or behavioral remedies. And that tracked for me: the states usually settle lawsuits, like the recent John Deere right-to-repair suit. Yet, they plan to fight this. (As they did the LiveNation-Ticketmaster monopolization trial and the Nexstar-Tegna merger.) Honestly, that also makes a ton of sense. Frankly, this move is just good politics for these State AGs. Most are still running for higher and higher office in blue states—some folks have emphasized that only Democratic AGs joined this suit, but given the Ellison/Trump ties, and fears of retribution, that tracks—and a high profile case like this will help them move up the electoral ladder, especially since Paramount and its leadership (the Ellisons, father and heir) have sided with the other side of the political aisle. That makes them unsympathetic to Democratic voters and Hollywood workers in particular. Why did this lawsuit happen? In addition to the very real concerns about industry consolidation, this is why. That said, I don’t think we would have seen this lawsuit for Netflix and Warner Bros., simply because they’re more sympathetic and aligned with Democrats. But those consolidation concerns are real. The “town”—meaning Hollywood and such—really is seeing the damage of mergers on this industry. That’s why the WGA also filed its own lawsuit in defense of workers as well. (Wildcard: What about Europe? Will they try to stop the deal, too? There have been some rumors out of the UK they may try to fight the deal, and UK enforcers just stopped a Getty Images-Shutterstock tie up, so there is precedence. This argument could go either way, though. On one hand, the EU doesn’t need to step in, cause they states are handling it. On the other hand, this could make the EU’s case easier. Just imagine if both sides coordinated. I’ll simply say, “We’ll see!”) Question: Will The State AGs or the WGA Win? Can the state AGs play David to Paramount-Skydance’s Goliath here? That’s really the whole thing, isn’t it? If you know this result, you could make a lot of money. When things are uncertain, it’s tempting to shrug and say, “Eh” meaning it’s a 50/50 proposition. I wouldn’t, though. When in doubt, you should expect that the merging parties succeed. AT&T did successfully buy Warner Bros., after all, and Disney bought Fox without any challenges. Many judges are extremely sympathetic to mergers, and I’d bet the state AGs get a judge who will allow the merger. (Even Obama-appointed judges often allow mergers.) As I understand it, we’ll see two main attacks. First, theatrical films. The AGs are arguing that, when it comes to share of box office and the number of both “wide releases” and blockbuster (or “tentpole”) films, the merging parties will have over 27% market share. Now, the Supreme Court once ruled from on high that any merger that exceeds 30% is presumptively illegal, but that’s guidance, not an ironclad bar. Still, the states will have to argue that this is close to having too much power, and with that power, this will likely further worsen the theater/studio splits in particular. Indeed, as Matthew Stoller pointed out, “just five studios are responsible for 95% of all blockbusters; if this merger goes through, then Paramount and Disney will control 60% of that.” So yes, movie studios will be very concentrated after this merger. Want me to visualize some of that? Well, here’s the share of films that grossed over $200 million at the domestic box office since 2022. (Note: this isn’t all films released in over 3,000 screens, but it is a good look at market power.) First, here are the 43 films by studio: Notice all the blue (Disney), orange (Universal), and purple (Warner Bros)? Yeah, those studios are powerful, and this combines Paramount with one of them. Here’s the look by studio and share of the films that grossed over $200 million: Now, if you look at that and also think, “Huh, should we break up Disney?” I’m with you. I’ve seen some folks poo-poo this idea that this is a real category, but it is! For an upcoming article, I’ve been pulling data on the share of top 100 films at the box office as a share of total box office, and it’s massive. Here’s the chart: (This analysis looks at The-Number’s top 100 films and total domestic box office each year.) To be clear, tentpoles make up 80.7% of the box office each year, so I do think it’s a genuine market. (To be clear, films grossing over $50 million make up 80% of the domestic box office, and films grossing over $100 million make up 64.1%.) I mean, the top 100 films at the box office make up 95% of each year’s grosses. Worse, the combined studios will likely cut output to flex that market power. Everyone can just look at what happened to Disney and Fox to see the precedent. (With fewer films, the remaining theaters have to give more for those few films that remain.) Here’s an image I’ve used a lot, the share of wide-release films from Disney and Fox over time: The AGs will also argue that this consolidation will also impact the cable industry. In this case, the consolidation is actually worse, but that environment is…complicated. Paramount will argue that the cable industry is shrinking. That said, predictions that cable will “go to zero” also don’t look very well supported by the data, as the declines are shrinking, meaning “cable” or “vMVPDs” will likely stabilize at some point. Can the state Attorneys General win on those two main arguments? I honestly don’t know. Again, I’d bet no, since history in general supports that, but it depends on the judge/jury and how they interpret the arguments. Notably, Paramount won’t face accusations about monopoly power in other areas, like streaming, news, sports rights, or vertical integration. I tend to disagree with leaving out sports rights, but I also see the appeal for a simpler case. The states also aren’t really pushing novel theories about labor harm either, which should help. (By the way, Sean McNulty at The Ankler wrote a great run through of potential options, and Capitol Forum also wrote a great paper on theatrical consolidation. Both these pieces predated the lawsuit. Matthew Stoller is also out with his analysis of the pros and cons of the case too.) In some ways, the WGA’s case is even stronger. Quoting Sean McNulty’s summary: “The WGA is citing WARNAMOUNT as crossing a 30% market share in multiple sectors, a number that the Supreme Court has precedent for deeming “presumptively anticompetitive” in a market. According to the WGA numbers, WARNAMOUNT would have represented: - 35% of film writing jobs between 2021 and 2024 - 36% of TV writing projects between 2022 and 2025 - 38% of overall deals between 2021 and 2024” Notably, antitrust enforcers did win recently in the Penguin-Simon & Schuster merger by focusing on labor impact, so don’t count this thinking out. (Wildcard: Will the states try to get a jury trial? Most likely no, they’ll let a judge handle it. If I’m them, though, I’d try to put this in front of a jury. Juries tend to understand monopoly power in a more realistic way than judges faced with legions of economists.) Question: What if They Win? What if They Lose?
World Cup schedule, results: England face Lionel Messi and defending champion Argentina in Wednesday's semifinal
Business Sentiments Survey 2026 Quarter 2 results
Business Sentiments Survey 2026 Quarter 2 results - D.C. Policy Center
Why JPMorgan is 'the only business' that can 'weather any downturns'
JPMorgan (JPM), Citigroup (C), Bank of America (BAC), Goldman Sachs (GS), and Wells Fargo (WFC) all reported second quarter earnings results on Tuesday. Whalen Global Advisors chairman, Chris Whalen, shares his take on JPMorgan's record results and CEO Jamie Dimon's recent warning.
Officer-involved shooting results in fatality near Asheville downtown business: police
A person is dead following an officer-involved shooting that was reported to happen overnight near a downtown Asheville business.According to a July 15 early-mo
Here’s What Northcoast Thinks About Six Flags Entertainment (FUN)
Six Flags Entertainment Corporation (NYSE:FUN) is one of the best small cap stocks to buy with the highest upside potential. Six Flags Entertainment Corporation (NYSE:FUN) received a rating update from Northcoast on July 8, with the firm initiating coverage of the stock with a Neutral rating. For reference, in its financial results for fiscal Q1 […]
AMC Entertainment Holdings, Inc. to Announce Second Quarter 2026 Results and Host Earnings Webcast
LEAWOOD, Kan.--(BUSINESS WIRE)-- AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”), the largest theatrical…...
2026 FIFA World Cup Schedule: Bracket, matches, dates, locations, group tables, results, how to watch
The full schedule with dates, times and stadiums for all 104 games at the 2026 World Cup.
The Siege of Death Mire ends – who won?
The massive global campaign comes to an explosive conclusion.
IBM shares plunge as AI spending boom disrupts business
Shares in IBM plunged 24 percent on Tuesday after the US tech giant released disappointing preliminary second-quarter results, blaming a shift in spending by customers due to expected higher prices for memory chips and other AI-related infrastructure.A global rush by tech companies to build out artificial intelligence infrastructure has sent demand for servers, memory chips and storage soaring, driving up prices and creating supply shortages across the industry.
These Angels Prospects Have ‘Graduated’ To Provide Results
The Los Angeles Angels have gotten surprising results from these former prospects.
IBM stock plunges on worse than expected Q2 results
"This quarter we faltered," IBM CEO Arvind Krishna said in a letter to investors released Tuesday after worse than expected quarterly results.
Tencent Music Entertainment Group to Report Second Quarter 2026 Financial Results on August 11, 2026
Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the second quarter of 2026 before the U.S. market opens on Tuesday, August 11, 2026.
OpenAI Is Showing Kalshi’s World Cup Odds in ChatGPT
The partnership, a first of its kind for the artificial intelligence company, will use the prediction market’s data to power some search results about the soccer tournament.
Christian Pulisic's Endorsements At 'Serious Risk' After World Cup
Christian Pulisic had a World Cup to forget. The U.S. men's national team star had to leave his team's 4-1 loss to Belgium in the Round of 16 last Monday with a leg injury. Pulisic was later diagnosed with a bone bruise and a microfracture in his leg. He was disappointed by the result, while much ...
Pepperdine University Awarded Prestigious Division I-AAA Athletics Directors Association All-Sports Trophy
The DI-AAA ADA All-Sports Trophy is awarded to the institution that has the highest earned point total across all sports programs, including both the full season of regular conference play and postseason results.
5-year update: Food Pharmacy at UF Health Jacksonville sees results
Improving the lives of patients one bite at a time. That’s the goal of a food pharmacy at UF Health.
Sen. Lindsey Graham's sudden death spurs false claims
Sen. Lindsey Graham's unexpected death on Saturday night fueled baseless speculation on social media that his passing was the result of a criminal action. Here's a closer look at the facts.
Microsoft announces major Windows 11 search overhaul that prioritizes clearer, local results, and removes ads: Huge effort to fix search on Windows is finally happening
Windows 11's search user experience is getting a big update, with Microsoft moving to prioritize local results, remove promotional content, and much more.
Music Review: Gracie Abrams confronts crises on 'Daughter From Hell'
Crises loom across singer-songwriter Gracie Abrams’ third album, “Daughter from Hell.” The resulting 16 tracks are darker than her previous two records, writes The Associated Press' Elise Ryan in her
Reacts Results: Receiving expectations loud and clear
The Panthers have turned a traditional position of weakness into one of the hardest groups of talent to predict.
Iraola to speak to media shortly
Iraola was at the AXA Training Centre last week and met a number of players, but with the bulk of Liverpool's first team set to return to Merseyside this week, there's certainly a feeling that business is now really getting started. There are still 41 days before the Reds start their Premier League campaign, away at Newcastle, but Iraola will know of the importance of this first news conference in terms of outlining his vision and giving the fanbase something to look forward to, after a torrid 2025-26 campaign that resulted in the sacking of Arne Slot. The past two men to take the job won Liverpool the Premier League and the club's hierarchy firmly believes Iraola is capable of doing that long term.
Energy efficiency that delivers measurable business results
Lower costs, improve reliability and boost productivity with DTE Energy rebates, financing and customized energy efficiency solutions.
Handover of Health Commodities
Joint Handover of Health Commodities Speech of Chargé d’Affaires Steve Bremner (…) Thank you for joining us. I am here today to demonstrate how U.S. foreign assistance under President Trump’s America First Global Health Strategy and our bilateral health MOU makes America safer and stronger while helping Madagascar build a more self-reliant health system. Through our bilateral Global Health Memorandum of Understanding (MOU) signed in December 2025 with the Ministry of Public Health, our two governments outlined shared priorities and responsibilities, including a strong focus on infectious disease threats and Madagascar’s increasing ownership and co-investment in its own health system. The MOU outlines the structure and terms of U.S. support to Madagascar’s health sector from 2026 through 2030, with a total commitment of $134,305,000 from the U.S. government and $41,216,252 from the Government of Madagascar to work jointly to address malaria, maternal and child health, polio and global health security issues. Stronger health systems help prevent instability and reduce the risk that infectious diseases reach the United States, making both our countries safer. America First foreign assistance is clear and disciplined: It is a tool of strategic engagement, not global charity. Every U.S. taxpayer dollar must show measurable results, reduce long-term dependence on U.S. taxpayer resources, and support greater self-reliance in recipient countries. Support must be efficient and targeted, with zero tolerance for fraud, waste, or abuse. This year, through the U.S.-funded Global Health Supply Chain Program – Procurement and Supply Management project, we are distributing: 989,250 long-lasting insecticide-treated nets, worth $2,000,000 to 63 districts and 1,661 Community Health Centers across Madagascar, with the third and final delivery of these nets having arrived in late June. Through the U.S.-funded Momentum Country and Global Leadership (MCGL) project, we are funding: The full cost of Starlink internet connectivity equipment procurement, installation, and one-year subscription for 31 priority District and Regional Health Offices. Through the U.S.-funded Strengthening Infectious Disease Detection Systems project, we are supplying: 908,523 pieces of critical medical equipment and a modernized digital surveillance system to the Ministry of Public Health. These materials will strengthen health systems, improve response capabilities, and help those most in need of protection from mosquito-borne diseases — particularly malaria, which continues to claim the lives of children and women at an unacceptable rate. Deployed effectively, they will contribute to reducing maternal and newborn mortality in rural and hard-to-reach communities where the need is greatest. In these same underserved areas, Starlink connectivity will play a critical role in enabling the rapid transmission of health data and information to central levels, ensuring that decision-makers receive timely, actionable intelligence and can mount swift, coordinated responses to protect populations. For Americans, this support delivers concrete benefits. Stronger health systems in Madagascar help detect and contain infectious diseases before they spread across borders, protecting American and Malagasy families. More stable, healthier countries can expand trade and economic cooperation with the United States. Our goal is not permanent support; it is temporary, targeted assistance that helps Madagascar save lives while achieving greater self-reliance and independence from foreign assistance. To the health workers and community health agents here that will use the products we’re delivering today: your dedication and skills save lives. Your work exemplifies the kind of local ownership that will enable Madagascar to reduce dependence on foreign assistance and manage the country’s health challenges. This targeted support delivers results today while helping Madagascar build toward a future where it can sustain and expand those health gains independently, ensuring that today’s U.S. support leads to Madagascar’s self-sufficiency. Thank you, Misaotra.
United States Delivers Life-Saving Health Supplies and equipment to Madagascar
United States Delivers Life-Saving Health Supplies and equipment to Madagascar U.S. Chargé d’Affaires Steve Bremner presided over a handover ceremony to the Government of Madagascar, represented by President of the Refoundation Col. Michaël Randrianirina, marking the delivery of nearly one million mosquito nets, over 900,000 pieces of critical laboratory equipment, and 33 internet connectivity systems. The assistance – valued at more than $2.2 million – is part of a broader U.S.-Madagascar health partnership, outlined in our bilateral Global Health Memorandum of Understanding (MOU) signed in December 2025, totaling $134 million from the U.S. government from 2026 through 2030. “This assistance is clear and disciplined – it is a tool of strategic engagement, not global charity,” said Chargé d’Affaires Steve Bremner. “Every U.S. taxpayer dollar must show measurable results, reduce long-term dependence on U.S. resources, and support greater self-reliance. Stronger health systems in Madagascar help detect and contain infectious diseases before they spread across borders, protecting American and Malagasy families alike.” The assistance includes: 989,250 long-lasting insecticide-treated mosquito nets - worth $2 million – will be distributed to 63 districts and 1,661 community health centers across Madagascar. Malaria remains one of the leading causes of death in the country, claiming the lives of children and women at an unacceptable rate. The third and final delivery of these nets arrived in late June and will be distributed starting this July until mid-October, ensuring that those most at risk of mosquito-borne disease now have access to this basic but life-saving protection. U.S.-funded Global Health Supply Chain Program – Procurement and Supply Management (GHSC-PSM) project will ensure the distribution. 908,523 pieces of critical medical and laboratory equipment – valued at $180,000 – including personal protective equipment, laboratory supplies, diagnostic tools, and cold chain equipment – along with a modernized digital surveillance system to Madagascar’s Ministry of Public Health. This support through the STRIDES (Strengthening Infectious Disease Detection Systems) program bolsters Madagascar’s ability to detect and respond to outbreaks of diseases such as monkeypox, plague, rabies, polio, and Ebola before they become regional or global threats. Over $30,000 of funding for the full procurement, installation, and first year of service for 33 Starlink satellite internet systems at priority districts and regional health offices across the country. These systems will allow health workers in remote and underserved communities to transmit health data quickly to central decision-makers – enabling faster, better-coordinated responses when disease outbreaks occur. U.S.-funded Momentum Country and Global Leadership (MCGL) will implement this project. As the country’s largest bilateral health donor, the United States remains committed to the principle that a stronger, healthier Madagascar makes for a stronger, safer world – and a stronger, safer America.
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Hungary moves to overhaul university models banned from Horizon Europe
Hungary’s new government is aiming to overhaul the governance model of the institutions and universities that lost access to Horizon Europe and Erasmus+ funds “in a short timeframe,” according to Péter Horváth, the new state secretary for science policy and innovation. “As of today, the two non-university foundation-controlled institutions under my remit have been transformed,” he told Science|Business. “We hope the universities will follow and that this will be enough to satisfy the EU’s demands.”Under the previous government, led by Viktor Orbán and his Fidesz party, many academic and scientific institutions were restructured and made into special public trust foundations, with members strongly linked to the government given lifelong mandates and significant decision-making powers with little oversight. The European Commission deemed that this undermined academic freedom and transparency in the country, leading to a ban on 34 institutions in 2022, including 21 universities, which saw academics in Hungary lose access to Horizon Europe grants. The new Hungarian government, elected in May and led by Péter Magyar and his Tisza Party, has promised to dismantle this governance model and restore the institutions to EU programmes. As a result, the European Commission has promised to return access to the Erasmus+ education mobility programme, but so far no concrete agreement has been made on the Horizon Europe programme for research and innovation. Hungary has already made legislative changes in June to allow the institutions to be reformed and set a timeline for the implementation.The non-university foundations, which are mainly cultural centres such as the Foundation for Hungarian Culture or the Makovecz Campus Foundation, will all be dissolved by August 31 this year, a date tied to EU-set milestones that Hungary must meet to unlock frozen funds, with control transferred to relevant ministries. Meanwhile, the universities will have until 31 August 2027. For each university foundation, the government will set the dissolution date and the body to take over operations. There is no final decision on a permanent new model for the universities, according to Hungarian MEP Eszter Lakos, who is shadow rapporteur for the Horizon Europe specific programme, a separate piece of legislation detailing implementation rules for the EU’s next research programme, due to start in 2028. “The aim of the transition year is to settle this with [the universities], not to impose a model, and not to put them under state control,” she told Science|Business. “The goal is to give academic independence back to universities.”There are three models that are most likely to be implemented. One would be a return to a traditional, state-run model. Another could be a newer, more self-standing public institution. A third option would be a reformed version of the foundation models that meet EU standards. According to Lakos, the dismantling of the system put in place by the Orbán government is well underway and if all goes according to plan, Hungary could regain access to EU research money by the start of the next academic year in 2027. “I believe that the Hungarian government is doing the necessary changes so the universities could return as beneficiaries to Horizon from the next school year,” she said. In the meantime, “the universities, institutes and cultural assets carry on under proper public stewardship rather than a handful of unaccountable trustees,” said Lakos. The laws passed in June impose new safeguards: board terms are capped at four years and renewable only once, appointments are made through open competitions and sitting politicians cannot join joining these boards.It remains unclear whether a domestic science funding programme set up as a back-up scheme by the former government following the EU funding ban, called HU-rizon, could be continued. “This programme should never have had to have been established in the first place, but it has proven to be quite popular,” he said. “I am considering continuing this programme with a refined focus on helping international collaborations.”Re-organising the research network One of the first priorities for Horváth and his cabinet is to resolve questions over the future of the Hungarian Research Network, Hun-Ren. The network of academic institutes was taken away from the Hungarian Academy of Sciences in 2019 and turned into a quasi-private organisation, with similarities in its governance to the public trust foundations.Horváth and his team have consulted over 5,000 representatives from the network and the conclusion is broad unhappiness with the directors of all the institutes involved. “We have presented the results to the president and the chief executive of the network and this is currently being discussed,” Horváth said. The plan is to re-integrate the network back into the Academy of Sciences but in an improved way, “learning from mistakes of the past,” he added. The government also wants to reintegrate four humanities and social science research centres into the network that the previous government had transferred to Eötvös Loránd University. The transfer brought sharp criticism from the academic community, with a group of Hungarian research heads, including European Research Council grant recipients, sending an open letter to Orbán warning that the transfer would “cause historically significant harm to the entirety of Hungarian scientific life.” The transfer was “one of the biggest shames in Hungarian research in the past 20 years,” Horváth said. “We want to immediately re-integrate them back into the research network and to regain the trust of these institutions, because the way they were treated was really unfair.”Another pressing issue is the Élvonal Excellence Research and Talent Development Foundation, led by Nobel laureate Ferenc Krausz. The foundation signed a financing agreement with the former government earlier this year for a budget of over €730 million over the next five years. The goal is to create a world-class centre to attract top talent from abroad and to develop local researchers. But there was little transparency about this foundation, and news of its huge budget, which is nearly as much as Hungary’s entire research budget, caused a stir in the media following the recent elections. Another issue is that, as with the foundation boards of the institutes banned from Horizon Europe, there was little-to-no oversight of decisions led by Krausz. “It was an excellent idea but an unacceptable execution,” Horváth said of the foundation. “The fact that this is out of the Hungarian funding scheme, mostly concentrating on one person who decides on the budget is unacceptable for us.”The government plans to merge the centre with the National Research, Development and Innovation Office, the country’s R&D funding agency, with a reduced budget. Horváth is hopeful that Krausz will still be involved. The new government’s R&D goalsA phrase that crops up regularly during the discussion with Horváth is “democratic process.” The new state secretary is determined to involve Hungary’s research community in shaping future policies. This marks a departure from the previous government’s approach, and several people in Hungary’s research community have commented on the openness of the new government. In terms of concrete goals, Horváth and his team already have plans. He wants to create a new science fund in Hungary, based on the best practices of other European countries. The fund would not be tied to annual government budgets and would provide long-term, stable financing. “If we were to succeed in creating this fund, then I think it would be one of the biggest achievements for me in this period of government,” Horváth said. On the innovation side, he is looking into how best to bring in the private sector. “We want to make sure that we are working with the private sector to support innovation,” Horváth said. One of his big aims is to introduce entrepreneurship teaching into high schools. Hungary already has a reputable national academy offering research and innovation training in the field of natural sciences, and Horváth wants to expand this to all disciplines and across the whole country. “One of the main ways to elevate our innovative businesses is to teach our children to be innovative,” he said. “This will probably need ten years to pay off, but this is what we should do. Our aim is to make Hungary strong in our region, and this is what is needed.” Related articlesHungary’s Horizon Europe performance in numbersCommission unlocks Erasmus+ cash for Hungary, Horizon could be next‘Academic Huxit.’ Hungarian researchers speak out on impact of EU ban A more difficult task will be funding. The new government is aiming to increase research spending to 2% of the GDP by 2030, and then increase it to 3% in line with EU objectives. Currently, spending sits around 1.3%. But according to Horváth, the current budget, inherited from the previous government, is “heavily in the negative,” so any plans to increase research spending will have to start next year. Achieving 2% by 2030 already needs a big push, almost doubling the research budget. “This is something we’d definitely like to reach, and something I can see us achieving,” he said. “From the 2030s, I’d like to see an innovative generation growing up that can help us reach the 3% target.” Positivity in the new governmentDespite the many challenges facing Horváth and his team, the mood is positive. “It feels a bit like a start-up right now. Everyone is working 24/7, day and night, trying to do as much as they can. There is a lot of energy,” he said. It is a big change for the state secretary who, like many in his cabinet, is coming from a background in research or business, and not in politics. “Six weeks ago, I was sitting with my microscope and my research PhDs, so it’s been a big change for me,” said the computer scientist, who was previously the director of the Institute of Biochemistry at the Hun-Ren Biological Research Centre in Hungary and worked at the Institute for AI for Health at Helmholtz Munich. But he is relishing the task to transform the country’s R&D landscape. “We feel enormous support from the Hungarian people, but also from Europe,” he said. “We’ve received a lot of letters of support from around Europe. There is big trust there, and huge responsibility on our side. We want to get everything back on track, and there’s a lot to do.”
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Scientists have discovered that creatine may strengthen one of the immune system's most important cancer-fighting pathways by energizing dendritic cells that activate killer T cells. The promising results could eventually help make immunotherapy more effective, but they have not yet been tested in human patients.