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HHS Releases Report Exposing Fraudulent Insurance Coding For Sex-rejecting Procedures On Minors
HHS released a report Wolves in White Coats: How Doctors and Hospitals Pushed and Profited from the Fraud of “Gender Medicine”.
American Board of Radiology taking cautious approach to AI
Rather than moving quickly to adopt new tools, the Tucson, Arizona-based doc-certification organization is studying developments, engaging experts and establishing guardrails before introducing any change.
Ask a Scientist: How Do We Track the Trump Administration’s Attacks on Science?
Introducing a multi-purpose tool for documenting AND fighting attacks on science that affect our health and safety.
Emergency Medicine Residency Program strengthens South Texas healthcare workforce
For more than a decade, the UT Health San Antonio program has trained doctors to address shortages in care across the region.
Top Doctor Drops Trump Health Bombshell
In Good Health: Why Measles Numbers Are On The Rise
Nationwide, students, teachers, and parents are gearing up for the school year.And measles is spreading. The U.S. has already logged more cases this year than in all of 2025. It’s the highest count in 35 years. That’s in large part because measles vaccination rates have slipped below 95 percent – the threshold public health experts say is needed to stop community spread. Last week on CNN, Health and Human Services Secretary Robert F. Kennedy Jr. said children should be vaccinated for measles after being pressed on-camera, even as he used the same interview to push a debunked claim about respiratory syncytial virus. And on Monday, President Donald Trump signed an executive order aimed at upending the childhood vaccine schedule, including changes to the measles vaccine and others. But what will actually change at the doctor’s office?Find more of our programs online. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.
Make policy based on science, not on RFK’s lifestyle choices
Kennedy is neither a doctor nor a medical researcher, and his personal practices should not guide federal policies.
Small Business Spotlight: Specialty dental practice takes root on Market St.
WHAT MADE YOU WANT TO OPEN BLUE HERON ROOT CANAL SPECIALISTS? OWNER SARAH ERMOSHKIN: “I’ve always been an entrepreneur at heart. When I was 23 years old, I owned a cafe in Seattle, where I even fought to oppose oppressive sales taxes on espresso drinks. After selling that business, I got married and started a family. Once my children were in school, I attended dental school through the Navy Health Professions Scholarship Program (HPSP), which covered my tuition and provided a stipend. From the beginning, my goal was to eventually own my own practice after completing my military service. The work I do is incredibly rewarding and being able to create an environment that puts patients first while helping employees grow professionally makes every day as a business owner meaningful.” WHAT DOES YOUR BUSINESS PROVIDE? ERMOSHKIN: “Endodontists are often called ‘pain doctors’ because our primary mission is to relieve pain and save natural teeth. We specialize in root canal therapy, retreatment of nonhealing root canals, treatment of root resorption, apicoectomies – microsurgical root-end procedures – and vital pulp therapy for children. Our goal is to preserve teeth that might otherwise need to be extracted and replaced with implants. Saving a patient’s natural tooth is almost always the best long-term solution for their oral health.” HOW DOES YOUR MILITARY TRAINING HELP YOUR BUSINESS? ERMOSHKIN: “My military service taught me how to lead, collaborate and make decisions under pressure. I worked closely with senior leadership while treating a large patient population and collaborating with specialists across multiple disciplines. During the COVID-19 pandemic, (I) served a dual role as Navy dentist and as the public affairs officer for Naval Health Clinic Annapolis, where I helped develop medical and dental communications for the midshipmen and support staff, while coordinating with the broader Navy Capital Region. We worked closely with other military treatment facilities to share best practices and deliver consistent public health messaging. Those leadership experiences continue to shape how I lead my team and serve our patients today.” WHAT CHALLENGES ARE YOU FACING RIGHT NOW IN YOUR BUSINESS? ERMOSHKIN: “One of our biggest challenges is overcoming the misinformation surrounding root canal treatment. Root canals are safe, effective and often the best way to relieve pain while preserving a natural tooth. Unfortunately, many people choose extraction because they believe it’s less expensive or because they’ve seen misleading information online. What they may not realize is that losing a tooth can lead to shifting teeth, changes in the way they bite and chew and significantly higher costs to restore their smile later.”
Experimental Pulse Oximeter Accurate Regardless Of Skin Tone, Researchers Say
By Dennis Thompson HealthDay ReporterWEDNESDAY, Aug. 12, 2026 (HealthDay News) — Pulse oximeters became widely known during the COVID-19 pandemic, as doctors used the finger clip devices to tell whether a respiratory infection was robbing patients of needed oxygen. But skin tone impairs the ...
2 Mississippi State football players caught sports gambling on NFL, NBA
Documents show two Mississippi State football players were caught sports gambling on the Super Bowl and NBA using Kalshi in February.
Your address holds clues to knowing your child's hospitalization risk
Researchers at Cincinnati Children's used local data to create a framework that predicts a child's hospitalization risk based on their address.
Willits business owner to host Thursday event highlighting no-cost advising • The Mendocino Voice
Small businesses can get advising at no-cost from state program which also helps secure capital.
USC Scientists Are Using Quantum Computing to Rethink Cancer Detection - USC Viterbi
By combining quantum computing with artificial intelligence, USC researchers are laying the groundwork for medical imaging tools that could help doctors diagnose cancer and plan treatments more precisely
'Blue Bloods' star Jennifer Esposito says she was locked in psych ward as health battle spiraled
Jennifer Esposito reveals how celiac disease caused liver failure, a psychiatric ward stay and thoughts of suicide before doctors finally diagnosed her.
AHA resource: Economic Impact of Disparities in Health Outcomes
The AHA Aug. 11 released a new resource guide designed to address a critical gap by helping leaders understand and quantify the economic burden of disparities of health outcomes. The guide provides practical methods to identify and assess the financial impact of health disparities, along with data-driven approaches to implement interventions that both improve outcomes and reduce costs. READ MORE
Has science finally made up its mind about coffee’s health benefits?
Doctors used to warn coffee drinkers. Now research reassures them
The U.S. Healthcare System is Already Mostly Socialized
Now that Abdul El-Sayed is the Democratic nominee for Michigan’s open Senate seat, the outcome of this crucial race will depend mainly on two things: Whether Republicans succeed in demonizing El-Sayed because he’s brown and a Muslim, and whether they succeed in demonizing him as a left-wing radical. I will defer for the now the question of whether bigotry will be effective this year, although I will address it another day. What I want to address instead is El-Sayed’s signature issue — healthcare. Yes, El-Sayed advocates Medicare for All, a position the usual suspects denounce as “socialism.” I will get to the politics of his stance soon. Today, however, I want to talk about the substance. We should be clear that El-Sayed doesn’t even call himself a socialist. On the contrary, he explicitly disavows the label, saying “I’m a capitalist who just knows about capitalism”. In fact, as I explained in a previous post, the policies that El-Sayed advocates qualify him as a social democrat, not a socialist. Still, El-Sayed advocates a system under which the government would pay almost all medical expenses. Isn’t that socialism? Well, if that is the criterion then much of U.S. healthcare is already socialist. In fact, the government’s role is so large that U.S. healthcare is better described as partially privatized socialism than as anything resembling a free market. Let’s start with the raw numbers on health insurance, which pays the bulk of Americans’ medical expenses. Americans receive health insurance either from private companies or from public programs, overwhelmingly Medicare and Medicaid. Here’s what the breakdown of coverage and spending between private and public looked like in 2024: While a majority of Americans with health insurance get it from private companies, well over 100 million of us are covered by government programs instead. And these government programs pay more total dollars for medical bills than the private insurers do. Why do government programs that cover a minority of the population account for a majority of health insurers’ outlays? Mainly because Medicare covers seniors, and we’re expensive. Also, while Medicaid covers many younger Americans, disabled and elderly beneficiaries account for most of its spending. Even by the raw numbers, then, U.S. health insurance looks as much public as private. But that understates the government’s role: Private health insurance in the U.S. is both highly regulated and heavily subsidized. This is obviously true for the insurance coverage purchased by tens of millions of Americans through the exchanges established by the Affordable Care Act. But employment-based health insurance, which covers 161 million Americans, is far more of a government creation than most people realize. For employment-based insurance exists largely because of huge implicit government subsidies that come with major strings attached. Here’s how that works. If your employer pays you $10,000, that’s taxable income. But if your employer pays $10,000 toward a company health insurance plan that meets certain criteria, it isn’t taxable. That’s a huge effective subsidy, running at more than $300 billion a year. Take that subsidy into account, along with the more than $100 billion per year spent subsidizing policies purchased under the ACA, as well as the outlays on Medicare and Medicaid, and net effect is that the government pays for more than two-thirds of Americans’ health insurance. Granted, there are strings attached. Roughly speaking, employment-based health plans can’t discriminate based on medical history — that is, they can’t deny coverage to employees with pre-existing conditions — and they also can’t offer the plans only to highly compensated employees — a health plan that is only for the C-suite is considered taxable income. So given the restrictions of the federal tax code, employer-based health insurance is a lot like Obamacare, which also prohibits discrimination based on medical history and provides subsidies to make insurance affordable to lower-paid workers. The fact is that virtually all of private healthcare insurance is already well under some form of government control through regulation and tax subsidies. How should we think about this system? First of all, is Medicare socialist? Don’t tell anyone, but the way Medicare operates — it covers every senior’s medical expenses, whatever they turn out to be, while being funded by taxes that depend on one’s income — could be summarized by the old Marxist slogan “From each according to his ability, to each according to his need.” And back in 1961, when Ronald Reagan was the face of a last-ditch effort by the American Medical Association to block the creation of Medicare, he denounced Medicare as “socialized medicine” and warned that it would destroy our freedom. In reality, American freedom survived until Jan. 20, 2025, while Medicare is immensely popular, with an 82 percent favorable rating in the most recent KFF survey. Medicaid, government health insurance for lower-income Americans, comes in at 73 percent. This is in sharp contrast to public views about private insurers, who are widely disliked if not hated and accused of denying essential care. Furthermore, if Medicare is socialism, then the whole U.S. health insurance system, with the government paying most of the bills and placing conditions on private insurers, is almost equally socialist. If you insist on calling any program the government pays for and regulates socialist, then U.S. healthcare would best be described as a partially privatized form of socialism. And one must ask, what is the point of the part that is privatized? Do private insurers add anything positive? Or are they simply parasites, skimming off money that could have been paying for care? The case for viewing insurers as parasites is strong. Many Medicare benefits are now delivered via Medicare Advantage, that is, plans paid for by the government but run through insurance companies. MedPAC, an independent advisory commission, estimates that last year Medicare Advantage plans were overpaid by $84 billion, thanks to practices such as “upcoding,” in which patients’ health problems are overstated to get larger sums from Medicare. Assessing the waste from employer-based insurance is harder, but most evidence suggests that private insurers have substantially higher administrative costs than Medicare does. Furthermore, the complexity of private insurance, with multiple payers all trying to deny care when they can, is a huge burden both on providers — doctors, nurses, and hospitals — and on patients. What do private insurers offer to compensate for these costs? One must go through intellectual contortions to avoid the conclusion that they are, in fact, parasites. Which brings me back to El-Sayed. In supporting Medicare for All, he’s basically calling for an end to the partial, parasitic privatization of a healthcare system that is already hugely dependent on public funding. When one looks at it that way, it’s not at all a radical proposal. Admittedly, the political lift requires overcoming the opposition to higher taxes to pay for Medicare for All. Political realism rather than economics was the reason I and many other progressives supported Obamacare, with all its complexities, rather than demanding an immediate move to Medicare for All. But the political calculus may very well have shifted since the 2000s, as Americans are fed up with a system of unaffordable premiums, rampant claim denials, and byzantine claim administration. Moreover, funding healthcare insurance through taxation would allow for a much more progressive distribution of the cost. That is, compared to the present system, middle-income households would pay less as high-income households would pay more. And the U.S. would stop wasting large sums on pointless administrative costs. So let’s be clear: El-Sayed’s healthcare platform is perfectly reasonable on the merits of cost, fairness and health efficacy. And with private insurers never more hated, while millions of Americans are losing their health insurance, 2026 may be its time. MUSICAL CODA
Doctors spanning the information gap to boost health literacy in Armenia
Council of Europe helps develop a more accessible and inclusive health system in the country
When a physician’s ‘noble’ reassurance leads to a patient’s unsought treatment
When a doctor tells a patient that his or her symptoms are normal within some given context, the patient may ignore the contextualization and only hear “You’re normal.” As shown in a new study, the partially received message can be a problem.
Nevada County and Sierra Business Council’s SBDC to Host Free Capital Summit
On Thursday, Aug. 27 at 1 p.m., the Sierra SBDC at Sierra Business Council and Nevada County are hosting a free Capital Summit at the LOVE Building (660 Minnie St., Grass Valley) in partnership with b
Nevada County & Sierra Business Council’s SBDC to Host Free Capital Summit
On Thursday, Aug. 27 at 1 p.m., the Sierra SBDC at Sierra Business Council and Nevada County are hosting a free Capital Summit at the LOVE Building (660 Minnie St., Grass Valley) in partnership with b
Rod Stewart cancels Rocket Arena show due to health concerns
Rod Stewart canceled his Rocket Arena show scheduled for Tuesday following a period of monitoring; doctors advised Stewart to rest for at least 48 hours.
How a counterintelligence inquiry Into Trump’s Russia ties was derailed
Documents released by the White House shed new light on the demise of an often-overlooked 2017 FBI investigation.
I Made This: ‘Strouse Entertainment: Starting a Business from a Wheelchair’
Recent Full Sail University Digital Cinematography graduate Van Eisenhour created a mini-documentary in class that earned a spot at Wellsboro Film Festival.
Twelve U.S. Health Systems and Aidoc Unite to Confront America’s Diagnostic Capacity Crisis
As demand for diagnostic answers outpaces the physicians available to deliver them, health systems are collaborating with Aidoc on a shared goal: helping patients receive a safe, accurate diagnosis sooner.
Dr. Ramon Tallaj reflects on the family doctor, faith, and health equity
Dr. Ramon Tallaj is chairman of the board and founder of SOMOS Community Care. “SOMOS,” which means “we are” in Spanish, is a physician-led network of 2,600 healthcare providers serving over 850,000 Medicaid and Medicare beneficiaries in New York City’s immigrant communities. Tallaj reflects on the impact of the COVID-19 pandemic, the importance of the family doctor, and how faith has played a large role in his life and work.
North Dakota receives $6 million federal grant to expand children's behavioral health services | Health and Human Services North Dakota
North Dakota Health and Human Services (HHS) has been awarded a new $6 million federal grant from the Substance Abuse and Mental Health Services Administration (SAMHSA) to expand community-based behavioral health services for children, youth and families in north central and southeastern North Dakota.
How a Counterintelligence Inquiry Into Trump’s Russia Ties Was Derailed
Documents released by the White House shed new light on the demise of an often-overlooked 2017 F.B.I. investigation.
Jackie the bald eagle dead at 14
Jackie the bald eagle died Monday, August 10. Her life was documented through wildlife cameras in California's Big Bear Valley.
Gavin Newsom's 'hidden climate tax' hitting Americans nationwide, lawmaker warns
Rep. Vince Fong targets the EPA-authorized vessel at berth regulation that lets California levy massive penalties on cargo ships docked at its ports.
AbCellera women’s health data top ‘most aggressive upside scenario,’ putting Astellas and Bayer on notice
AbCellera has reported phase 2 results “beyond even the most aggressive upside scenario” that its CEO dared to consider, boosting the biotech’s chances of challenging Astellas and Bayer for a women’s health market. The phase 2 clinical trial compared ABCL635, an antibody targeting NK3R, to placebo in patients with hot flashes caused by menopause. Investigators enrolled 92 postmenopausal women experiencing a mean of about 10 moderate or severe hot flashes per day. By Week 4, the number of moderate or severe hot flashes had fallen by a mean of 8.8 on ABCL635 and by 3.5 on placebo. That statistically significant, placebo-adjusted reduction of 5.3 hit the trial’s primary endpoint. The level of efficacy also cleared the bar set by existing drugs. While cross-trial comparisons can be misleading, AbCellera CEO Carl Hansen, Ph.D., had seen enough to start hyping the program. “We now view ABCL635 as a potential best-in-class non-hormonal therapy with strong differentiation against approved NK3R competitors across all important dimensions, including efficacy, safety, dosing and convenience,” Hansen said on a Monday morning conference call with investors to discuss the data. “We believe ABCL635 is now a highly de-risked program.” Last week, Hansen used AbCellera’s earnings call to set expectations for readout, with the CEO defining success as a clean safety profile and efficacy comparable to the two approved small molecules. The data vaulted over that bar. Astellas linked (PDF) one of the small molecules, Veozah, to placebo-adjusted reductions in hot flash frequency of 2.1 and 2.6 at Week 4 of its two phase 3 trials. Bayer reported (PDF) placebo-adjusted reductions of 3.04 and 3.29 at Week 4 of pivotal studies for its small molecule, Lynkuet. At 5.3, the placebo-adjusted reduction in AbCellera’s trial comfortably cleared the standard set by the incumbents. Veozah and Lynkuet came to market based on evidence of their ability to reduce the frequency and severity of hot flashes. AbCellera’s phase 2 study covered both endpoints, with the Canadian biotech reporting a mean reduction in severity of 1.4 points at Week 4 on ABCL635, compared to 0.3 points for placebo. Again, the placebo-adjusted result compares favorably to data on Veozah and Lynkuet. Analysts shared Hansen’s enthusiasm for the data. The phase 2 results “firmly validate ABCL635 as a potentially best-in-class treatment,” BMO Capital Markets analysts said in a note to investors Monday. ABCL635’s apparent efficacy edge “is likely attributable to the higher dosing/target engagement the asset is able to reach vs. the oral agents due to its wider therapeutic index,” the analysts added. The analysts, who model $2.3 billion in unadjusted peak sales for ABCL635, flagged the safety profile as another positive of the phase 2 readout. While Veozah carries a boxed warning for liver damage, nobody on ABCL635 in the phase 2 trial had elevated liver enzymes or bilirubin values. If replicated in phase 3, the lack of a liver signal could allow approval without the monitoring requirements imposed on Veozah. Investors appeared equally enthused, sending AbCellera's stock up 32% to $9.21 in premarket trading Monday from a Friday closing price of $6.93. Next, AbCellera will collect the Week 12 data and talk to its advisors about further development. The results open up “a wide variety of possibilities of how we might take this forward into phase 3 studies to truly maximize the value of the asset and make sure that ABCL635 is able to demonstrate its differentiation potential,” Sarah Noonberg, M.D., Ph.D., AbCellera’s chief medical officer, told investors.
Members of Congress seek to stabilize radiologist pay in Medicare program
A broad coalition of doc groups has endorsed the measure, including the AMA, American College of Radiology and the American Society for Radiation Oncology.
Wisconsin health providers worry new Medicaid work requirement hurts doctor-patient relationship
The new rule, which was included in Republicans' "One Big Beautiful Bill Act" last year, provides exemptions for a number of groups, including people who are pregnant, have children under age 19 who live with them and people with a recognized disability.
Get ready to vote in NH: How to register, what documents to bring and more
The state primary is Sept. 8 and the general election is Nov. 3.
Long waits to see the doctor? This SC health system is working toward a cure.
Experts say there is a shortage of health care workers that’s causing patients to see longer waits. This Upstate health care system has a program to help with that.
Mourinho says he agreed to replace Ferguson at Man Utd
David Moyes succeeded Sir Alex Ferguson at Old Trafford in 2013 but things could have been so different, Jose Mourinho reveals in a new documentary.
ACHE launches executive leadership program
The Fort Smith-based Arkansas Colleges of Health Education (ACHE) will soon begin offering a doctor of executive leadership (DEL) program after receiving approval from the Higher Learning Commission. Each class...
New Lies of P documentary teases next game "is going to be really fun and emotionally moving"
One of the teams behind Neowiz's Souls-like Lies of P has released a short documentary detailing how they kept "testing and refining" the game.
Documentary celebrating Miami University’s ‘Cradle of Coaches’ coming to Peacock
Some college football programs are known as Linebacker U or Wide Receiver U for consistently producing great players at those positions. When it comes to Miami University RedHawks football, the program is best known for the people who roam the sidelines. Hence, the “Cradle of Coaches” nickname. That nickname and the school’s decorated history of…
For decades, we were told to choose low-fat dairy. New research says otherwise
Full-fat dairy may be healthier than conventional advice has suggested. In a 12-week study, adults who ate three servings a day showed no meaningful increases in weight, body fat, cholesterol, or insulin resistance. They also experienced improved blood pressure and consumed more calcium, protein, and vitamin D. The findings suggest dairy’s complex structure may matter more than its saturated fat content alone.
Community walk kicks off health center celebration
Berks Community Health Center added a 5K walk with doctors to its annual Community Day celebration on Penn Street. The event, part of National Health Center Week, also featured about 50 community organizations, family activities, food and…
Coffee isn’t the heart risk doctors once thought, with one big caveat
Here’s how a summertime health plan review can pay off during fall open enrollment
Learn key timelines, evaluation tips, and important documents to prepare for health insurance enrollment to avoid coverage gaps in 2027.
Chester County doctor explains prostate cancer spread as Joe Biden's health worsens, son says
Hunter Biden, son of former President Joe Biden, said his father's cancer has spread to his bones and is "very debilitating" and "painful".
Sony's new portable console will feature full backward compatibility with previous-generation games.
Insider sources and leaked AMD documents have revealed details about Sony's next generation of gaming devices. The following are currently in development...
Social prescribing boosts health checks without raising costs
Patients referred to social prescribing are more likely to seek health care in the short term but could end up needing their primary care physician less often within a year, according to a new study by ...
US accused of meddling in British politics with $500,000 grant scheme promoting ‘shared values’
Documents published on US embassy’s website prompt claims of attempt to export Maga propaganda to UK
Onimusha: Way of the Sword gets first Nintendo Switch 2 gameplay
First gameplay has emerged for the Nintendo Switch 2 version of Onimusha: Way of the Sword, which is launching very soon. Footage is available for both docked play and handheld mode. You can even get a quick look at the optional mouse controls Capcom is including. Onimusha: Way of the Sword will look to hit 30 frames per second on...
Ohio funding scholarships to boost mental health care
COLUMBUS, Ohio (WCMH) — Experts said there is an unprecedented need in Ohio for mental health care, but there aren’t enough professionals to meet the demand. A new state-funded scholarship pr…
Tackling prostate cancer and heart disease: Free Health screenings at Pro Football Hall of Fame
On Friday, fans and players who gathered at the Pro Football Hall of Fame in Canton found an opportunity to address both — not at a doctor's office, but outside the Hall itself.
Upcoming PBS docuseries, 'Bucks County, USA,' to examine suburbs' political division
Filmmakers Barry Levinson and Robert May delve into community tensions in the political battleground. The first episodes premiere Sept. 20.
Essentia Health-Duluth Clinic welcomes family medicine specialist Dr. Nicholas Woessner
Dr. Nicholas Woessner, a doctor of osteopathic medicine specializing family medicine, is thrilled to join the Essentia Health-Duluth Clinic.
Google's AI somehow knew a game secret that existed only in a private Google Doc
The issue began in the game's Discord server, where a player was asking Google's AI questions about Operation Octo. The answers sometimes included details the developer considered...
Pentagon releases 5th batch of UFO files, with 41 more documents and videos
Doctor Reveals the Best Age to Start Building Bone Density
In TODAY.com’s Expert Tip of the Day, a doctor shares the best age to start boosting bone density, which deteriorates as you age.
Business Restructuring Review Vol. 25 No. 4 July-August 2026
In This Issue New York Bankruptcy Court: Premature Allegations of Creditor Mistreatment Insufficient to Deny Chapter 15 Recognition of Foreign Restructuring Proceeding In In re ARD Finance, S.A., No. 25-12794 (MG), 2026 WL 817458 (Bankr. S.D.N.Y. Mar. 25, 2026), the U.S. Bankruptcy Court for the Southern District of New York was presented with a petition seeking chapter 15 recognition of Luxembourg's recently enacted bankruptcy law governing judicial reorganization proceedings. The court granted the petition, turning aside challenges to recognition voiced by a creditor group arguing that recognition should be denied based upon allegations of unfairness to creditors in the Luxembourg proceeding that would make recognition manifestly contrary to U.S. public policy. According to the bankruptcy court, recognition was warranted because: (i) the rules and procedures governing the proceeding under Luxembourg law were fundamentally fair; (ii) the petition otherwise satisfied chapter 15's recognition requirements; and (iii) the creditor group's allegations were premature, given the fact that the Luxembourg court presiding over the debtor's restructuring proceeding had not confirmed a restructuring plan, and all creditors had the right to participate fully and voice their objections in the proceeding (including the right to appeal an order approving a plan). [read more …] Florida Bankruptcy Court Examines Scope of Discovery in Chapter 15 Cases In In re Banco Master, S.A., No. 25-24568-SMG, 2026 WL 931729 (Bankr. S.D. Fla. Apr. 6, 2026), the U.S. Bankruptcy Court for the Southern District of Florida granted in part and denied in part post-recognition motions filed by an insider of a foreign debtor seeking to bar or limit discovery sought by the debtor's foreign representative concerning allegedly voidable transfers involving the debtors' U.S. real property. According to the court: (i) although chapter 15 includes its own discovery provisions among the relief that may be granted to a foreign representative, the expansive discovery available in cases under other chapters of the Bankruptcy Code is also available in chapter 15 cases; (ii) the discovery sought by the foreign representative was permissible; (iii) discovery regarding matters that were the subject of a pending adversary proceeding had to be undertaken under the more restrictive rules applicable to such proceedings; and (iv) a discovery request would be barred to the extent that it sought production of documents or testimony from a subpoenaed entity that exceeded the geographic limitations specified in such rules. [read more …] Delaware District Court Affirms Chapter 15 Recognition Order Enforcing Nonconsensual Third-Party Releases In U.S. Int'l Dev. Fin. Corp. v. Credito Real S.A.B. de C.V. SOFOM, E.N.R. (In re Credito Real S.A.B. de C.V. SOFOM, E.N.R.), 677 B.R. 192 (D. Del. 2026), appeal filed, No. 26-2356 (3d Cir. June 5, 2026), the U.S. District Court for the District of Delaware affirmed a bankruptcy court order granting chapter 15 recognition to a Mexican "concurso mercantile" proceeding and enforcing nonconsensual third-party releases approved by the Mexican court. Agreeing with the bankruptcy court that the releases were not manifestly contrary to U.S. public policy, the district court concluded: "It is well settled that U.S. bankruptcy courts can give effect to foreign orders in recognized foreign proceedings pursuant to the authority granted in Chapter 15, even when those orders contain relief unavailable under U.S. law. [The appellant's] arguments misconstrue the Supreme Court's narrow holding in Purdue, applicable in Chapter 11 cases, as well as the statutory framework of Chapter 15 and its core policy objectives. Accordingly, I will affirm the Enforcement Order." The ruling has been appealed to the U.S. Court of Appeals for the Third Circuit. [read more …] Fifth Circuit: Bankruptcy Court, Not State Court, Had Jurisdiction to Allow or Disallow Administrative Expense Claim In Storey Minerals Ltd. v. EP Energy E&P Co., LP (Matter of EP Energy E&P Co., LP), 169 F.4th 609 (5th Cir. 2026), the U.S. Court of Appeals for the Fifth Circuit affirmed lower courts' rulings disallowing a creditor's administrative expense claim. It also rejected the creditor's argument that, because the claims were predicated on state law, a state court should adjudicate the merits of the state law causes of action before the bankruptcy court could allow or disallow the claim as an administrative expense. According to the Fifth Circuit, even though the causes of action were based on state law, the bankruptcy court had jurisdiction to determine whether the creditor's claims should be conferred with administrative expense priority in the debtors' chapter 11 case. [read more …] New York Bankruptcy Court: Dismissal of Involuntary Chapter 11 Case Filed Prior to Commencement of Foreign Restructuring Proceeding Unwarranted In In re Xinyuan Real Estate Co. Ltd., No. 25-10745 (PB), 2026 WL 592250 (Bankr. S.D.N.Y. Mar. 3. 2026), the U.S. Bankruptcy Court for the Southern District of New York considered the bona fides of an involuntary chapter 11 petition filed by certain holders of U.S. dollar-denominated notes against a holding company for a group of Chinese property development companies that filed a restructuring proceeding in the Cayman Islands after the noteholders filed the involuntary chapter 11 petition. The court denied the debtor's motion to dismiss the chapter 11 case. Given the timing of the filing of the Cayman Islands restructuring proceeding, the absence of any progress in the proceeding for seven months, the debtor's need to restructure notes governed by U.S. law, and the debtor's lack of any meaningful contacts to the Cayman Islands, dismissal of the chapter 11 case was unwarranted under the applicable provision of the Bankruptcy Code, international comity, or the doctrine of forum non conveniens. [read more …] Bankruptcy Court Evaluates Trustee's Authority to Sell Avoidance Actions and Right of Target Defendants to Object In In re Law Enf't Officers Sec. Union, No. 24-70277-JAD, 2026 WL 560452 (Bankr. W.D. Pa. Feb. 27, 2026), a chapter 7 trustee sought court approval to sell certain avoidance actions to a creditor of the debtor's estate. Potential targets of the subject avoidance actions objected, arguing that such claims were nontransferable powers of the trustee rather than saleable estate property and urging the court to approve their competing settlement with the trustee. The U.S. Bankruptcy Court for the Western District of Pennsylvania disagreed with the potential defendants, holding that they lacked standing to object to the proposed sale, that avoidance actions are indeed estate property, and that the sale—rather than the settlement—best served the estate's interests. [read more …] U.S. Supreme Court Bankruptcy Roundup in Brief In Keathley v. Buddy Ayers Construction Inc., No. 25-6, 2026 WL 1686028 (U.S. June 11, 2026), the U.S. Supreme Court overturned a Fifth Circuit decision judicially estopping a chapter 13 debtor from asserting a personal injury claim against a construction company because the debtor failed to disclose the claim during his bankruptcy case. In so ruling, the Court held that "[t]he Fifth Circuit erred by artificially narrowing its inquiry to whether the debtor had knowledge of the underlying facts or a potential motive to conceal the claim." It represents the first time that the Court has applied judicial estoppel in the bankruptcy context, although it has suggested in other contexts that it may be inappropriate where an inconsistent legal position resulted from "inadvertence or mistake." Also in June, the Court denied petitions for certiorari in a few notable bankruptcy cases. [read more …] Newsworthy Heather Lennox (Cleveland/New York) (Star Individual), Bruce Bennett (Los Angeles) (Senior Statesperson), Kevyn D. Orr (Washington) (Eminent Practitioner), Gregory M. Gordon (Dallas) (Band 1), Carl E. Black (Cleveland), Corinne Ball (New York) (Senior Statesperson), Brad B. Erens (Chicago), Jeffrey B. Ellman (Atlanta), T. Daniel Reynolds (Cleveland), and Dan T. Moss (Washington/New York) were recognized as leading lawyers in the practice area Bankruptcy/Restructuring in the 2026 edition of Chambers USA: The World's Leading Lawyers for Business. The 2026 edition of Lawdragon 500 Leading Bankruptcy and Restructuring Lawyers ranked the following lawyers: Corinne Ball (New York) (Hall of Fame), Bruce Bennett (Los Angeles), Carl E. Black (Cleveland), Jeffrey B. Ellman (Atlanta), Brad B. Erens (Chicago), Gregory M. Gordon (Dallas), Heather Lennox (Cleveland/New York), Joshua M. Mester (Los Angeles), and Kevyn D. Orr (Washington). Fabienne Beuzit (Paris) and Jasper Berkenbosch (Amsterdam) were among the "Leading Individuals" ranked in the 2026 edition of The Legal 500 EMEA guide in the field of Restructuring and Insolvency or Insolvency. Rodolphe Carrière (Paris) was named a "Next Generation Partner" in the practice area Insolvency. Sid Pepels (Amsterdam) was selected by Global Restructuring Review's 40 under 40 2026. He was identified as a Rising Star within the global cross-border restructuring community. Global Restructuring Review is a leading digital subscription service, news outlet, and information platform dedicated exclusively to cross-border insolvency and corporate restructuring law. Fabienne Beuzit (Paris), Rodolphe Carrière (Paris), and Isabelle Maury (Paris) were recognized in the 2027 edition of The Best Lawyers in France™ in the practice area Insolvency and Reorganization Law. An article written by Corinne Ball (New York) titled "Comity and Fairness are Critical to Granting Additional Assistance under Chapter 15: A Canadian Reverse Vesting Order and Related Releases in Proceedings Involving Canadian and U.S.-Affiliated Companies Are Approved" was published in the June 24, 2026, edition of the New York Law Journal. An article written by Caitlin K. Cahow (Detroit) titled "New York Bankruptcy Court Weighs In on Adequate Assurance of Future Performance under Assigned Leases and Chapter 11 Plan Exculpation Provisions" was published on June 8, 2026, in Lexis Practical Guidance. An article written by Trisha L. Mowbray (Real Estate; Chicago) and Ryan Sims (Washington) titled "Chapter 11 Plan that Abridged Non-Debtor Lessee's Rights to Remain in Possession After Rejection Unconfirmable as Having Been Proposed in Bad Faith" was published on June 16, 2026, in the Harvard Law School Bankruptcy Roundtable. An article written by Dan T. Moss (Washington/New York), Corinne Ball (New York), Isel M. Perez (Miami), and David S. Torborg (Washington) titled "Texas Bankruptcy Court Adopts Barnet Rule Requiring Foreign Debtor to Have U.S. Assets to Be Eligible for Chapter 15 Relief" was published on June 10, 2026, in Lexis Practical Guidance. An article written by Daniel J. Merrett (Atlanta) and Nathaniel Parr (Atlanta) titled "Southern District of Texas Clarifies Post-Purdue Course for Consensual Third-Party Releases and Gatekeeping Provisions" was published on June 11, 2026, in Lexis Practical Guidance. An article written by Corinne Ball (New York) titled "LMEs, Sophisticated Investors and Equitable Mootness: The Fifth and Third Circuits Warn Against Testing the Limits of Chapter 11" was published in the June 2026 issue of the American Bankruptcy Institute Journal. Nicholas J. Morin (New York) was quoted in an article titled "Serta Ruling Offers Damages Road Map in Lender-on-Lender Disputes," published by Bloomberg Law on July 7, 2026. The article discussed U.S. Bankruptcy Judge Christopher Lopez's July 7, 2026, ruling that participating lenders in Serta Simmons Bedding's 2020 non-pro rata uptier exchange breached the credit agreement's ratable-sharing provision, and awarding excluded lenders more than $261 million in damages. The opinion resolves six years of litigation related to Serta's 2020 transaction, where it raised $200 million in new financing and exchanged $1.2 billion of term loans for $875 million in superpriority debt. Judge Lopez found that the debt-for-debt exchange constituted a "payment" under the credit agreement, requiring proportional sharing among lenders, and dismissed various defenses raised by the participating lenders. The case is Serta Simmons Bedding LLC v. AG Centre Street Partnership (In re Serta Simmons Bedding LLC), 2026 WL 1968535 (Bankr. S.D. Tex. Jul. 7, 2026). The New York Law Journal has recognized Andrew M. Butler (New York) as a 2026 "Rising Star" in Restructuring/Bankruptcy as part of the New York Legal Awards. The Rising Star category recognizes New York's most promising lawyers age 40 and under who have distinguished themselves through exceptional legal work, leadership, and contributions to the profession. Lawyer Spotlight: Daniel J. Merrett Dan Merrett, a partner in the Atlanta Office, has spent nearly 20 years representing all manner of stakeholders in complex corporate restructurings and chapter 11 reorganizations. His practice extends to related transactions and disputes involving acquisitions; divestitures; credit facilities; securities; environmental obligations; and vendor, employee, and governance matters. Dan has substantial experience managing mass tort liabilities, including the restructurings and related chapter 11 cases of affiliates of Georgia Pacific and Johnson & Johnson, implemented to resolve asbestos and talc liabilities. He also represents key parties in energy and infrastructure matters, including facility owners, EPC contractors, and joint-venture parties. Dan was a key player in the restructuring teams in the historic bankruptcies of the City of Detroit and Chrysler. His other significant representations in chapter 11 cases include AFA Foods, Alpha Natural Resources, Dana Corporation, M&G Chemicals, McDermott International, Monster/CareerBuilder, Transtar Industries, and Westinghouse. He is licensed in both the United States and England & Wales and recognized in restructuring by Chambers USA and Best Lawyers.
Valuing our soil through science, art and policy
SoilTribes launches living museums, art exhibitions and policy resources to help restore Earth’s soil and ensure its future...
'The Last House' ending, explained. Because what?
*Cracks knuckles* OK, let's unpack...this...
Everyone's talking about hormone therapy for menopause. Should I be on it?
For years doctors advised women against hormone therapy for women in the menopausal transition. Now everyone's talking about how great it is. Is it really a wonder drug that women should all be on?
MrBeast's pitch decks show how his ambitions have changed over time
Newly filed court docs show that the world's biggest creator, whose real name is Jimmy Donaldson, explored podcasts and NFTs in an earlier era.
TikTok star Sydney Towle, who documented her health journey online, dies at 26 after rare cancer battle
Sydney Towle’s family revealed the 26-year-old influencer has died after entering hospice care. Her death comes after a three-year-long battle with a rare bile duct cancer.View on euronews
SHARE program allows students to experience medicine and science
As Jayson Smith approached his sophomore year at Nettleton High School, he knew he wanted to pursue a career in medicine, but he didn’t really know where to start. “I...
A Denver doctor highlights how health centers are working to meet patients where they are
Doctors caution about "SickTok" and risks of getting health advice on social media
IRS adds notices, payment features to business tax accounts
Eligible businesses and organizations can now view more digital notices, make payments on installment agreements, and obtain EIN verification documents online.
IRS adds notices, payment features to business tax accounts
Eligible businesses and organizations can now view more digital notices, make payments on installment agreements, and obtain EIN verification documents online.
TSUS Regents approve creation of Ingram College of Engineering, College of Science at Texas State
The Texas State University System Board of Regents approved creating the Ingram College of Engineering and the College of Science, positioning TXST to expand research, innovation and student success.
Trump wins last-minute reprieve temporarily blocking BBC access to his business records
Trump sued the BBC for $10 billion, alleging its 2024 “Panorama” documentary about the Jan. 6, 2021 Capitol attack defamed him.
Oscar Health Stock Sinks Amid This Second-Half Risk
OSCR stock dived despite a big earnings beat. Oscar Health management is bullish on the outlook, but big ACA Marketplace coverage shifts limit visibility.
Judge rules Trump can avoid turning over business empire details to BBC, for now
A federal judge has halted, for now, a Thursday deadline for President Trump to hand over documents detailing the finances of his business empire to the BBC. The BBC was set to receive them i…
Black Immigrants Face Greater Barriers to Health Care
LDI’s Joseph Nwadiuko finds that Black immigrants, especially those who are undocumented, face higher rates of uninsurance and lower health care use.
El-Sayed victory may bring a progressive doc to Senate
It also elevates health care in a key Senate race.
Minnesota DHS roll out eligibility tool ahead of federal Medicaid work requirement changes
Individuals enrolled in Medical Assistance can check if they meet the federal work reporting requirements set for 2027, as well as review a list of exemptions by using the new renewal lookup tool provided by DHS.
Interventional radiologists, other docs release new tool kit for limiting radiation exposure
Nine medical societies taking part in the ALARA (As Low and as Light as Reasonably Achievable) Coalition collaborated to create the new suite of resources.
Ample Entertainment Launches New Documentary YouTube Destination
Ample Entertainment, a nonfiction studio based in New York, on Aug. 6 announced the launch of Ample Originals, a new YouTube destination for original documentaries, series, creator collaborations and companion content. The channel gives audiences an early look at its inaugural slate with exclusive previews available now, ahead of the Aug. 7 premiere of “Ample … Continue reading "Ample Entertainment Launches New Documentary YouTube Destination"
The $299 Viture Pro 2 Are The Company's Lightest And Most Comfortable Smartglasses Yet
Viture is releasing a more compact Mobile Dock Mini for just $99 alongside its new $299 smartglasses.
Honouring Guatemala’s Indigenous midwives and making space for Indigenous health systems
Guatemala’s Indigenous midwives won recognition of their work before the Constitutional Court. Seven years on, UN Human Rights has documented that the ruling still has not reached the health services where they work every day. This year’s International Day of the World’s Indigenous Peoples is dedicated to them.
Exclusive | Senate Panel Says It Has Obtained Copy of Fauci’s Covid-Era Phone
Republicans in Congress have ramped up scrutiny of the retired government doctor, and one panel could vote on holding him in contempt on Thursday.
Speed dating? Shark Tank? Trainees promote their ideas for incorporating AI into their science
As AI becomes more entrenched in society, scientists are increasingly exploring ways that the technology can enhance their work and make the way they approach both research and patient care more efficient. At the Translational Data Science Integrated Research Center’s annual retreat, the highlight was a rapid-fire session that felt like a cross between speed dating and “Shark Tank”, the reality show where aspiring entrepreneurs pitch their products in hopes of securing start-up funding. Fast Pitch AI featured graduate students and postdocs presenting a three-minute pitch about their project and how applying AI would enhance the outcomes.
As FDA approves new marketing for nicotine pouches, some doctors sound alarms
Trump seeks to shield his business finances from BBC in libel lawsuit
The president is trying to revise his lawsuit against the British broadcaster to focus on harms to his reputation allegedly caused by a network documentary.
Untold Sports Documentary Series Returns with Vince Young, Raygun, and Mr. T
Acclaimed docuseries highlights college football legend, viral Olympic breakdancer, and cultural icon.
Microsoft Is Quietly Deleting 32 GB RAM Recommendation for Windows 11
Microsoft is retroactively removing documentation from its website and materials that mention 32 GB of RAM as a recommendation for new PC builds or purchases. Instead, the company is now emphasizing 8 GB devices that are optimized to run Windows 11 smoothly, even with that RAM configuration....
Where the Trump Administration's Global Health Agreements Stand
The State Department has now signed more than 30 bilateral global health cooperation agreements, adding dozens of new deals with partner governments since our initial update and rundown of outstanding questions in December. And as the administration works to reorient the geographic focus of US assistance, the sweeping new agreements have reached the Western Hemisphere and the Indo-Pacific. Beyond signing additional agreements, the State Department published the official texts of five memoranda of understanding (MOUs) in response to a FOIA request, only to quietly disappear from the government's website. (Public Citizen maintains separate copies—along with other MOU-related documents from unofficial sources.)
Report: Aaron Donald exploring media space, developing docuseries
Aaron Donald has signed with a management team to "grow his business, brand partnerships and overall profile" in media and entertainment.
Health advice is a click away on social media, but doctors caution against trusting "SickTok"
Doctors are finding they are faced with questions about health advice from social media, but they caution that you can't always trust what you find.
Critics deride US administration's 'golden age of science' report
The document comes as the administration looks to cut the science budget for 2027
Wickliffe optometrist celebrates 50 years in business
Dr. Sid Savitt has now been in business in Wickliffe for 50 years as an optometrist at Savitt’s Optometry. Located at 29610 Euclid Ave., Savitt said his practice has been a “wonderful ride” since he started it in 1976. As his mom and dad…
LLMs better than docs at providing clinical context for imaging orders
The inclusion of clinical indication is standard for imaging requisitions, but the information provided is often vague and leaves out useful context that could help radiologists.
Microsoft just deleted Windows 11's 32GB RAM recommendation docs, as prices soar and it rushes to sell 8GB RAM PCs
Microsoft quietly deletes its 32GB RAM recommendation docs for Windows 11, while pushing new 8GB RAM Surface devices to counter high prices.
Ask the Doc Town Hall to spotlight Breastfeeding Awareness Month and women's health
Wake County Public Health is hosting a free Aug. 13 town hall at the Southeast Regional Library to provide expert guidance on breastfeeding, maternal wellness and women’s health during Breastfeeding Awareness Month.
Tigard healthcare provider announces 100+ layoffs as it moves away from skilled nursing
PORTLAND, Ore. (KOIN) — A Tigard-based healthcare provider is planning multiple rounds of layoffs. In a notice filed Tuesday, Avamere Health Services announced a restructuring of the company expect…
‘Reacher,’ ‘The Last Sunrise’ and ‘Sterling Point’ Are 3 of Prime Video’s Must-Watch Releases This August
Plus, you can catch the new documentary Novak Djokovic: The Wolf in Winter out this month, too.
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.
CA is dismantling its healthcare system
In a new documentary, CalMatters goes inside a Los Angeles clinic to examine how Californians are being forced to choose between medicine and food.
California nearly achieved universal healthcare. Now, millions are losing coverage
State and federal cuts could push California's uninsured rate to nearly 15% by 2030 — hitting immigrants and low-income families hardest. Watch the new CalMatters documentary.
The No. 1 Daily Exercise to Boost Gut Health, According to a GI Doctor
In TODAY.com’s Expert Tip of the Day, a doctor explains how physical activity supports better digestion and gut health.
Rodeo is one of the most dangerous sports. These doctors and trainers get cowboys back in the saddle.
Behind the scenes with the sports medicine team at Cheyenne Frontier Days.