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Personnel note: Brightwater Strategies Group boosts leadership team with Jason Andreotta
'Jason is a rare talent who combines a deep technical understanding of Florida’s environment with an unparalleled ability to solve complex problems.'
Galaxy Entertainment Group Selected Unaudited Q1 2026 Financial Data
Leading Macau’s Non-Gaming Diversification Through Mice, Entertainment and Sporting Events Q1 2026 Group Normalised EBITDA of $3.6 Billion, Up 21% Year-on-Year, Flat Quarter-on-Quarter Continued to Ramp Up Capella at Galaxy Macau Business A Final Dividend of $0.80 Per Share Payable in June 2026 HONG KONG, May 12, 2026 (GLOBE NEWSWIRE) -- Galaxy Entertainment Group (“GEG”, “Company” or the “Group”) (HKEx stock code: 27) today reported results for the three-month period ended 31 March 2026. (All a
What to know about states' efforts to limit corporate donations in politics
HONOLULU (AP) — Two states could try a new way to reduce the influence of corporations and hard-to-track “dark money” groups that have been able to spend unlimited amounts on politics since the Supreme Court's 2010 Citizens United v. Federal Election Commission ruling.
Nebraska Democrats clash in US House primary for the state's 'blue dot' district
The fate of Nebraska’s “blue dot” will play prominently as Democratic voters select a congressional nominee in the state’s 2nd District.
Nebraska Democrats clash in US House primary for the state's 'blue dot' district
The fate of Nebraska’s “blue dot” will play prominently as Democratic voters select a congressional nominee in the state’s 2nd District.
Nebraska Democrats clash in US House primary for the state's 'blue dot' district
The fate of Nebraska’s “blue dot” will play prominently as Democratic voters select a congressional nominee in the state’s 2nd District.
Chicago-area burglars target gaming machines in businesses: 'They're in and they're out'
Chicago police are searching for a group of suspects caught on camera smashing their way into a South Loop cannabis store early Monday.
Kari Lake, Who Led Effort to Shutter Voice of America, Is Named Ambassador to Jamaica
Ms. Lake tried and failed to fire hundreds of Voice of America journalists and to cut funding for other federally funded news groups like Radio Free Europe/Radio Liberty.
BMO Financial Group to Sell Transportation-, Vendor-Finance Businesses to Stonepeak
The proposed sale includes a combined loan and lease portfolio in the U.S. and Canada that totals about $10.6 billion as of the end of March.
ASNC speaks to policymakers about prior authorization, Medicare cuts and more
The American Society of Nuclear Cardiology visited Capitol Hill to advocate for a variety of issues. Cardiovascular Business spoke to the group's president to learn more.
Water main break forces Oakland County businesses to close during busy weekend
A water main break forced businesses along South Broadway in Lake Orion Township to close during one of their busiest weekends, costing some owners thousands of dollars in lost sales and canceled reservations.
UT Health Henderson Achieves Elite National Status with Straight “As” For Patient Safety
Eighth consecutive ‘A’ grades demonstrate dedication to patients Henderson, Texas (May 6, 2026) — UT Health Henderson was awarded an “A” Hospital Safety Grade for the eight consecutive grading rounds by The Leapfrog Group, an independent national nonprofit watchdog focused on patient safety. This designates UT Health Henderson as a “Straight A” hospital, defined as […]
UT Health Jacksonville Earns an “A” Hospital Safety Grade from The Leapfrog Group
Spring 2026 Safety Grade is a national recognition for commitment to patient safety Jacksonville, Texas (May 6, 2026) — UT Health Jacksonville earned an “A” Hospital Safety Grade from The Leapfrog Group, an independent national nonprofit watchdog focused on patient safety. Leapfrog assigns an “A”, “B”, “C”, “D” or “F” grade to general hospitals across […]
Unions, businesses urge legislators in opposite directions on independent contractor rules
Business groups and freelances urged lawmakers to undo recently adopted rules on worker classification. Unions said they should persist.
Universal, UCF launch school to shape future of themed entertainment
The two Orlando powerhouses announced the launch of the Universal School of Experience Leadership and Innovation, a first-of-its-kind program designed to train the next generation of immersive experience leaders.
These are the safest hospitals in Fresno area, report says. Is yours on the list?
Two local hospitals scored “A” grades for patient safety, The Leapfrog Group says.
NYC’s billion-dollar businesses issue a high-stakes economic alert on impact of proposed new taxes
A report from the Partnership for NYC shows that member companies support around 940,000 jobs and contribute billions to the local economy.
Universal, UCF launch school to shape future of themed entertainment
The two Orlando powerhouses announced the launch of the Universal School of Experience Leadership and Innovation, a first-of-its-kind program designed to train the next generation of immersive experience leaders.
Google says it likely thwarted effort by hacker group to use AI for 'mass exploitation event'
Hackers are rapidly adopting AI to find previously unknown software flaws even without the help of Anthropic's powerful Mythos model.
OSF–ISU Data Science Competition Highlights Student Innovation and Healthcare Analytics Excellence
Illinois State University students showcased innovative machine learning models and predictive analytics solutions during the OSF–ISU Data Science Competition, addressing real-world healthcare challenges through collaboration with OSF HealthCare.
Music festival to benefit community action groups
The Bad Beaver Music Festival will take place at Bad Beaver Farm in Ellsworth on Saturday, May 23, from 4-8 p.m. The festival benefits Acadia Action and Hancock County Activists.
Eye on Entertainment: Sigourney Weaver honored
A new honor for 'Star Wars' actress Sigourney Weaver. Plus, a look at what it took to make the 'moonwalk' movie-ready. CBS News has your Eye on Entertainment report.
Quincy Medical Group offers free sports physicals at regional locations
The Quincy Medical Group is offering free sports physicals for area student-athletes.
A new $250,000 prize aims to spotlight those bringing American history to life
The New York Historical has launched a $250,000 prize to honor those who help the public better understand the past.
Downtown Jacksonville business owners say downtown needs consistent foot traffic
Concerts and events near the Florida Theatre often bring crowds through downtown Jacksonville and into nearby restaurants like Dorothy’s. But business owners said the bigger goal is creating that same kind of activity on an ordinary weekday.
50 Cent, Nelly and The Chainsmokers to headline Sports Illustrated concert series during World Cup
Rappers 50 Cent and Nelly, along with The Chainsmokers, headline a new World Cup concert series by Sports Illustrated.
50 Cent, Nelly and The Chainsmokers to headline Sports Illustrated concert series during World Cup
Rappers 50 Cent and Nelly, along with The Chainsmokers, headline a new World Cup concert series by Sports Illustrated.
SLB OneSubsea Completes Acquisition of Subsea Business of Envirex Group AS
Global energy technology company SLB (NYSE: SLB) today announced that its OneSubsea™ joint venture has completed the acquisition of the subsea business of Norway-based Envirex Group AS (Envirex).
AP Decision Notes: What to expect in Nebraska's primaries
Nebraska voters will choose nominees for a full slate of contests ranging from governor to state Legislature and local offices.
AP Decision Notes: What to expect in Newark, New Jersey's, mayoral election
Newark, New Jersey, Mayor Ras Baraka faces seven challengers as he seeks a fourth term Tuesday as the chief executive of his state's largest city.
Bristol Group Launches Project To Capture Stories Of Residents & Businesses
A nonprofit is inviting Bristol residents and business owners to take part in a new community history project.
The Latest: Trump rejects Iran’s latest response to ceasefire proposal ahead of his trip to China
Iran and the United States reached an impasse again over how to end their war while their ceasefire grew increasingly shaky, with the two sides exchanging fire in recent days, ships and Gulf states being targeted, and fighting flaring between Israel and the Lebanese militant group Hezbollah.
Google selects U of A for quantum research group focused on life sciences
The Research Program at the Intersection of Life Sciences & Quantum AI, or REPLIQA, brings together U of A researchers from science and engineering fields to lay a foundation for new biological discoveries.
Health Care Roundup: Market Talk
Find insight on CSL, Medeze Group, the Andes hantavirus outbreak and more in the latest Market Talks covering Health Care.
Antitrust suit seeks better prices for farmers
A stack of papers is keeping eastern Colorado and western Kansas farmers out of the lucrative west-coast market and bringing a group together to levy an antitrust suit against the railroads. Stefan Soloviev was an unlikely farmer with his full-sleeve tattoos, big-city upbringing, and a last name that looked very different from the primarily German surnames […]
Voter confusion and headaches for election officials follow hasty GOP push to redraw US House seats
Republican state officials are confusing voters and creating logistical headaches for local election officials across the South by redistricting U.S. House seats as primary season is underway.
Voter confusion and headaches for election officials follow hasty GOP push to redraw US House seats
Republican state officials are confusing voters and creating logistical headaches for local election officials across the South by redistricting U.S. House seats as primary season is underway.
Bella Dentaire & Dr. Nilesh Amin Launch Mental Health Month Initiative with Transformative Docuseries Premiere
This May, in honour of Mental Health Awareness Month, Bella Dentaire (Vaudreuil-Dorion, Quebec) and leading aesthetic dentist Dr. Nilesh Amin launched a powerful, purpose-driven social campaign centered on storytelling, healing, and the connection between oral health and mental well-being.
Sports Business Awards: Best in Talent Representation
Sports Business Awards: Best in Talent Representation
GOP hardliners aren’t buying into U.S. Rep. Veronica Escobar’s bipartisan immigration bill
The latest version of the El Paso Democrat’s Dignity Act includes a key change to make it more palatable to Republicans. Some have gotten on board, but others are firmly opposed.
New Beatles fan experience set to open in London in 2027
The Beatles are returning to one of their iconic sites with a new fan experience in London.
New Beatles fan experience set to open in London in 2027
The Beatles are returning to one of their iconic sites with a new fan experience in London.
'We need to respond to Liverpool women's health needs more easily'
Groups in Liverpool are trying to remedy the historical under-resourcing of women's healthcare.
Minority groups brace for surge in racism after Reform UK election gains
Many members of minority communities fear results in Birmingham and elsewhere could lead to rise in hostile rhetoric
Neon, winner of 6 straight Palmes d'Or, comes into the Cannes Film Festival an unlikely heavyweight
It’s one of the most unparalleled streaks in movies.
Neon, winner of 6 straight Palmes d'Or, comes into the Cannes Film Festival an unlikely heavyweight
It’s one of the most unparalleled streaks in movies.
Young Americans’ job market optimism falls as older adults stay upbeat, new Gallup poll finds
A new poll finds that younger Americans are more pessimistic than older ones about the state of the job market.
Young Americans’ job market optimism falls as older adults stay upbeat, new Gallup poll finds
A new poll finds that younger Americans are more pessimistic than older ones about the state of the job market.
Young Americans’ job market optimism falls as older adults stay upbeat, new Gallup poll finds
A new poll finds that younger Americans are more pessimistic than older ones about the state of the job market.
Young Americans’ job market optimism falls as older adults stay upbeat, new Gallup poll finds
A new poll finds that younger Americans are more pessimistic than older ones about the state of the job market.
Pediatricians group finds kids of all ages need regular recess for physical and mental health
For the first time in more than a decade, a leading pediatricians group has put out new guidance about recess, saying it’s crucial for good health and good grades and should be part of the school day for students of...
Pediatricians group finds kids of all ages need regular recess for physical and mental health
For the first time in more than a decade, a leading pediatricians group has put out new guidance about recess, saying it’s crucial for good health and good grades and should be part of the school day for students of all ages.
Pediatricians group finds kids of all ages need regular recess for physical and mental health
For the first time in more than a decade, a leading pediatricians group has put out new guidance about recess, saying it’s crucial for good health and good grades and should be part of the school day for students of all ages.
China expanding its industrial dominance, warns US business group
Chamber of Commerce says west is running out of time to sever its growing reliance on Chinese supply chain
Mid-Michigan business briefs highlight merger, branch
Zolton Law Offices and the Weiler Law Group are proud to announce their merger, effective May 1, becoming Weiler Zolton Law Group.
How jellyfish bycatch could be valuable collagen source for cosmetics and biotech
Dr Ainara Ballesteros is a Juan de la Cierva postdoctoral researcher at the Institute of Environment and Marine Science Research at the Catholic University of Valencia, where she leads a research group focused on jellyfish biology, aquaculture, and the sustainable use of marine resources. Her work is centered on developing innovative solutions based on marine science, particularly through the study of underused organisms as sources of high-value compounds within circular bioeconomy and zero-waste strategies. She is joined in this work by Raquel Torres, a PhD student at the same institute, who is carrying out her doctoral thesis within this line of research, focused on jellyfish valorization, collaboration with the fishing sector, and the sustainable management of marine resources. They are co-authors on a new Frontiers in Marine Science article which investigated whether jellyfish accidentally caught by small-scale fishers in Spain could be transformed into a valuable resource instead of being treated as waste. The team worked side by side with fishers to better understand their perceptions of jellyfish bycatch, identify which species are most frequently caught, and evaluate whether one of them, Rhizostoma pulmo, could serve as a sustainable source of high-quality collagen.
Florida seniors face growing mental health crisis, Humana Foundation study finds
A new report from the Humana Foundation is shedding light on a silent crisis unfolding across Florida — one that affects hundreds of thousands of older residents and often goes unnoticed.
Assessing ManpowerGroup (MAN) Valuation After Q1 2026 Growth Governance Changes And Business Sale
ManpowerGroup (MAN) is back in focus after a busy start to 2026, with Q1 revenue growth of 10.3%, shareholder-approved equity and governance changes, and the completed sale of its Jefferson Wells U.S. business. See our latest analysis for ManpowerGroup. The recent governance changes, dividend declaration and the Jefferson Wells sale come at a time when ManpowerGroup’s share price has shown a 7.6% 30 day share price return but a 23.3% decline in 1 year total shareholder return. This suggests...
Southeast Georgia business owner creates community space inspired by daughter with autism
What started as a mother’s vision to support her daughter has grown into a community gathering space in southeast Georgia.
City of Auburn Hills issues warning to businesses during Water Main Break
According to city officials, “Instances of water use for non-essential purposes during the State of Emergency will be investigated, and violators may be prosecuted.”
Novatae Risk Group names managing director of personal lines
Novatae has turned to former Applied Home and NatGen Premier leader to drive business in personal lines
Novatae Risk Group names managing director of personal lines
Novatae has turned to former Applied Home and NatGen Premier leader to drive business in personal lines
Business Notes: 128 graduate from Apprentice School; 196 books donated to CHKD
The Newport News Shipbuilding Apprentice School recently celebrated the graduation of 128 people, Sylvan Learning of North Suffolk has reopened at a new location and more business news.
macOS 27: Two More Changes Leaked Ahead of WWDC Next Month
macOS 27 will have a "slight redesign" compared to macOS Tahoe, along with an option to automatically group tabs in Safari, according to Bloomberg's Mark Gurman. In his Power On newsletter today, Gurman said the design changes will help to address some of the criticism surrounding macOS Tahoe's new Liquid Glass interface. In particular, the changes should improve overall readability. "Apple aims to address the shadows and transparency quirks," he said.
'The Devil Wears Prada 2' bests ‘Mortal Kombat II’ at the box office
“The Devil Wears Prada 2” edges out “Mortal Kombat II” at the North American box office this weekend.
Red Hot Chili Peppers Sell Recorded Music Catalog for Over $300 Million
Warner Music Group, the band's home since 1991's Blood Sugar Sex Magik, acquires the Peppers' catalog as part of Bain Capital joint venture
Oregon Democrats found a way to improve roads. Now their gas tax goes before voters as prices soar
A referendum on Oregon's primary ballot seeking to repeal a Democratic gas tax increase is complicating the affordability message central to the party's midterm election strategy.
Group tied to Democratic leadership in US House is funding attempt to redraw Colorado’s congressional map
Coloradans For a Level Playing Field received $150,000 from a nonprofit tied to a federal super PAC controlled by House Minority Leader Hakeem Jeffries.
Iran war could make Trump's trip to China a bit chillier than his first-term visit
President Donald Trump's trip to China may not come with the same fanfare that accompanied his first-term visit.
Iran war could make Trump's trip to China a bit chillier than his first-term visit
President Donald Trump's trip to China may not come with the same fanfare that accompanied his first-term visit.
"We organically get along as a group so that always …
"We organically get along as a group so that always …
Forum: The story behind the Sports Business Awards
Inside the making of the Sports Business Awards, born in a Charlotte conference room and refined in New York.
The Cannes Film Festival is about to begin. Here are the key films making their debut
For 12 days this week, the eyes of the movie world will be on the Cannes Film Festival.
The Cannes Film Festival is about to begin. Here are the key films making their debut
For 12 days this week, the eyes of the movie world will be on the Cannes Film Festival.
Safety grades: How did Lee Health, NCH and Physicians Regional do?
Leapfrog Group's latest safety ratings show Southwest Florida hospitals performing well, with many earning 'A' grades.
Jacksonville event offering free health and wellness services is ‘a big help’ for local patients struggling financially
Ascension St. Vincent’s hosted its Medical Mission at Home event Saturday at the Prime Osborn Convention Center, offering free health and wellness services to uninsured and underserved members of the Jacksonville community.
A major WA mental health group was shut down. Why?
The National Alliance on Mental Illness has remained tight-lipped as to why it dissolved Washington's statewide chapter.
Dignity Health Sierra Nevada Memorial Hospital Achieves 6th Consecutive Hospital ‘A’ Safety Grade in Patient Safety
GRASS VALLEY, Calif. MAY 9, 2026 – Dignity Health Sierra Nevada Memorial Hospital (SNMH), a member of CommonSpirit, earned an “A” Hospital Safety Grade for the sixth consecutive grading round by The Leapfrog Group, an independent national nonprofit watchdog focused on patient safety. This recent award continues the Hospital’s “Straight A” designation, defined as hospitals […]
Tennessee redistricting plan splits Memphis neighbors and reshapes midterms as other states follow
A new congressional map in Tennessee splits the majority-Black city of Memphis into three districts.
Tennessee redistricting plan splits Memphis neighbors and reshapes midterms as other states follow
A new congressional map in Tennessee splits the majority-Black city of Memphis into three districts.
Sony Accelerates Entertainment and AI Strategy as Anime Business Drives Growth at FY2026 Management Briefing
Sony accelerates anime and AI growth strategy as Crunchyroll surpasses 21 million subscribers during its FY2026 management briefing.
China says exports grew at faster pace in April, rising 14.1% from a year ago
China says exports have risen 14.1% in April from a year earlier, despite the Iran war and lingering impacts from higher U.S. tariffs.
Salary caps, a Group of Six playoff, antitrust shield: The White House's early ideas for college sports reform
A draft document obtained by CBS Sports details the most concrete federal reform plan yet for college athletics, including salary caps for coaches and the creation of a new entity empowered to act without litigation risk
Southeastern awards Honorary Doctor of Business Administration degrees to Chief Gregory Pyle, Governor Bill Anoatubby, and Chief Gary Batton | Southeastern Oklahoma State University
At Friday’s graduate degree commencement ceremony, Southeastern Oklahoma State University awarded its highest honor – the Honorary Doctor of Business Administration degree – to a trio of individuals who have advanced the mission of Southeastern and ensured greater educational opportunities for its s
Spurs playoff run boosts sales for displaced San Antonio vendors after Painted Tree closure
Two San Antonio small business owners displaced by the sudden closure of Painted Tree Boutiques say the San Antonio Spurs’ playoff run is helping keep their businesses alive.
Back in business: St. Johns County food truck park reopens after commission vote
A St. Johns County property owner who fought back against a county administrative ruling won, and the food truck vendors who depend on the space are back to work as of Friday.
Wisconsin shines at national business attraction showcase
Wisconsin shines at national business attraction showcase, highlighting strengths in advanced manufacturing, biohealth, and more.
Employee finds coworker dead inside Alief business with blunt force trauma; police investigating as homicide
Houston police are trying to determine how and when a man was killed after an employee found a coworker dead inside a business.
In legal dispute over 'The View,' ABC argues Trump administration is trying to chill free speech
ABC is accusing the Trump administration of trying to chill free speech and hinder open political discussion.
Smith Entertainment Group restarts off-season redevelopment of the Delta Center
With the Jazz and Mammoth wrapping up their 2025-26 seasons, the Smith Entertainment Group has restarted its work to transform the Delta Center.At the start of
Middle school Science Olympiad teams compete at state level - Fayetteville-Manlius CSD
A group of 30 Fayetteville-Manlius School District middle school students spent the past eight months preparing for the chance to participate in the New York State Science Olympiad Tournament, and their hard work paid off. In March, both Eagle Hill and Wellwood middle schools had teams compete at the Regional Science Olympiad Division B competition
2026 National Defense Science and Engineering Graduate (NDSEG) Fellowship Award
First year Materials and Nanoscience graduate student Stéphane Miaule (Tolbert group) has been awarded the 2026 National Defense Science and Engineering Graduate (NDSEG) Fellowship, one of the country’s most prestigious honors for graduate students in the fields of Science, Technology, Engineering and Math (STEM). The program, jointly sponsored by the U.S. Army, Navy, and Air Force, supports doctoral students across a broad range of scientific and technological fields of strategic importance. This highly competitive fellowship provides full tuition, fees, and a monthly stipend for three years. In 2026, only 102 fellowships were awarded nationwide, and Stéphane is the sole recipient from UCLA. Before transferring from Santa Monica College to UCLA, Stéphane interned at NASA’s Kennedy Space Center and Marshall Space Flight Center, where he researched the mechanical and thermodynamic properties of lunar regolith, as well as radiation shielding materials for lunar habitation development. At UCLA, he joined the Soft Materials Research Laboratory under Professor Qibing Pei, focusing on the synthesis and characterization of hafnium oxide nanocomposite scintillators. After earning his bachelor’s degree in chemistry, he remained in the Soft Materials Research Laboratory as a post-baccalaureate researcher for one year before joining Professor Sarah Tolbert’s group as a Ph.D. student. Stéphane’s Ph.D. research is focused on improving the properties of conjugated polymers, which are a family of plastic materials that can conduct electricity. Stéphane is specifically looking at self-assembling polymers that can be processed in water to create light-weight, flexible, high-conductivity polymer devices without the need for toxic or volatile organic solvents. After completing his Ph.D., Stéphane hopes to work in a national laboratory, researching semiconducting polymers for applications in new electronic devices. “The Graduate (1967) featured a memorable scene in which the protagonist was told that ‘there’s a great future in plastics.’ We know this still holds true today, as polymer research has expanded rapidly due to the wide variety of applications these materials enable. Through my work on semiconducting polymers, I hope to contribute to the continued development of plastic electronics,” Stéphane said. Penny Jennings, UCLA Department of Chemistry & Biochemistry, penjen@g.ucla.edu.
Smith Entertainment Group Unveils Next Steps on the Transformation of the Delta Center into a World-Class, Dual-Sport Venue
Smith Entertainment Group Unveils Next Steps on the Transformation of the Delta Center into a World-Class, Dual-Sport Venue
4 takeaways from USA Today's investigation of Black Bear Sports Group
USA TODAY spent nine months investigating a private investment firm consolidating youth hockey. Here are four takeaways.
Official Feature Entertainment Group (OFEG) Announces Strategic Alliance with Nubian TV to Expand Digital Distribution
BEVERLY HILLS, Calif., May 08, 2026 (GLOBE NEWSWIRE) -- Official Feature Entertainment Group (“OFEG”), a next-generation entertainment and media platform focused on premium digital access and scalable content experiences, today announced a strategic alliance with Nubian TV, a Boston-based OTT distribution platform operated by Leverett Media. The collaboration is designed to support OFEG’s Phase I rollout of live-stream and on-demand content distribution, expanding audience reach through integrat
Rheinmetall Q1 sales jump 8 percent year on year, as naval business era begins with promise
“The technology group’s order books remain at record levels,” said the Dusseldorf-based firm as it also predicted "significant growth acceleration" for Q2.
Cheryl Lynch Exiting Sony Pictures Television As International Business Affairs Shifts From L.A. To London
EXCLUSIVE: Sony Pictures Television (SPT) veteran Cheryl Lynch is exiting this summer as the international production group shifts business affairs from L.A. to London. The news comes a few weeks afte...
Porsche sharpens focus on core business
Following the planned sale of its stakes in Bugatti Rimac and the Rimac Group, Porsche AG is implementing further extensive measures as part of its strategic realignment.
Sony forecasts lower gaming business sales amid memory price surge
STORY: Sony forecast lower sales in its gaming business due to a memory chip price surge.The tech giant said Friday annual sales in the segment would fall 6% to $28 billion.It also blamed lower hardware sales as its PlayStation 5 ages.Although the Japanese company said it expects gaming profit to rise 30%.That's due to higher first-party software sales and no repeat of the impairment loss it recorded a year earlier.Sony has been praised by analysts in recent years for its transformation into an entertainment powerhouse.But markets have grown concerned about the impact of AI on its business, while Sony also faces a perceived lack of growth catalysts.Both factors have weighed on shares in recent months.Investors are also concerned about the impact of a memory-chip price surge.As well as disruption to supply chains from the Iran war on margins at electronics manufacturers.The firm said it sold 1.5 million PS5 consoles in the fourth quarter, which was a 46% drop on the same period a year earlier.Looking ahead, the PS5 is expected to receive a major boost from the launch of the delayed "Grand Theft Auto VI."The game is due to release in November.Sony said in February it had secured the minimum quantity of memory needed to manage the year-end shopping season. Sony also said it sees higher profits at its pictures and chips units but a lower profit at its music business.The group reported operating profit for the year ended March rose 13.4% to $9.2 billion - below analyst forecasts. Meanwhile, rival Nintendo said it expects to sell 16.5 million units of its Switch 2 console in the financial year ending March 2027.It also projects profit to rise 2.7% to $2.36 billion.But, like with Sony, investors are concerned about the possible impact of a memory price surge on margins.