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College watchdog group nixed 500-plus NIL deals
The College Sports Commission has rejected nearly $15 million in name, image, likeness agreements since it started evaluating them over the summer, representing more than 10% of the value of all the deals it has analyzed and closed.
24-year-old founded company that made $40 million in 2025
Oscar Rachmansky, 24, was selling sneakers as a side hustle when he spotted a business opportunity that would become a multimillion-dollar company.
Judge orders HHS to restore funding for children’s health programs as lawsuit continues
A federal judge has ordered the Trump administration to restore nearly $12 million in funding to the American Academy of Pediatrics, including money for rural health care and the early identification of disabilities in young children.
A judge orders HHS to restore children's health funding as a lawsuit continues
The judge ordered the restoration of nearly $12 million in funding to the American Academy of Pediatrics, including money for rural health care and the identification of disabilities in children.
‘One Battle After Another,’ shot in El Paso, dominates Golden Globes
The Paul Thomas Anderson film was shot in El Paso for 18 days between May and June 2024 and contributed nearly $6 million in direct spending.
Judge orders HHS to restore funding for children's health programs as lawsuit continues
NEW YORK (AP) — A federal judge has ordered the Trump administration to restore nearly $12 million in funding to the American Academy of Pediatrics, including money for rural health care and the early identification of disabilities in young children.
Illinois lending for social equity cannabis businesses tops $62 million
Forgivable loans an acknowledgment of problems many license holders face in raising cash from traditional sources.
Judge orders HHS to restore funding for children's health programs as lawsuit continues
A federal judge has ordered the Trump administration to restore nearly $12 million in funding to the American Academy of Pediatrics
Judge Orders HHS to Restore Funding for Children's Health Programs as Lawsuit Continues
NEW YORK (AP) — A federal judge has ordered the Trump administration to restore nearly $12 million in funding to the American Academy of Pediatrics, including money for rural health care and the early identification of disabilities in young children. U.S. District Judge Beryl Howell in Washington,
NFL DFS picks, Steelers vs. Texans: Daily Fantasy lineups for 'Monday Night Football'
DFS multimillionaire Mike McClure reveals daily Fantasy picks for the Houston vs. Pittsburgh Wild Card matchup on 'Monday Night Football'
Moderna Provides Business and Pipeline Updates at 44th Annual J.P. Morgan Healthcare Conference
Expects 2025 revenue of approximately $1.9 billion (unaudited), $100 million above midpoint communicated on 3Q25
Moderna Provides Business and Pipeline Updates at 44th Annual J.P. Morgan Healthcare Conference
Expects 2025 revenue of approximately $1.9 billion (unaudited), $100 million above midpoint communicated on 3Q25 Earnings Call Improves 2025 expected GAAP operating expenses by $200 million since 3Q25 Earnings Call Increases 2025 projected year-end ...
Jeff Ruby restaurant group settles tip, wage lawsuit for $1.5 million
Jeff Ruby Culinary Entertainment is settling a class-action lawsuit from former employees who say they were not paid tips they earned.
LANL: Los Alamos To Play Key Role In Renewed Quantum Science Center
The U.S. Department of Energy renewed $125 million in funding over five years for the Quantum Science Center to advance quantum-HPC.
Business concerns as Abingdon reservoir consultation ends
Thames Water plans a £7.5bn reservoir to serve 15 million customers across south-east England.
Trump says he may veto extension of Obamacare subsidies
U.S. President Donald Trump said on Sunday he might veto legislation to extend federal health insurance subsidies, injecting fresh uncertainty into a debate that has pitted congressional Republicans against Democrats and threatened to raise premiums for millions of Americans.
NFL DFS picks, Patriots vs. Chargers: Daily Fantasy lineups for 'Sunday Night Football'
DFS multimillionaire Mike McClure reveals daily Fantasy picks for the Patriots-Chargers Wild Card matchup on 'Sunday Night Football'
Esperion Provides Business Update at 44th Annual J.P. Morgan Healthcare Conference
– Reports $156 to $160 Million in Preliminary* Full-Year 2025 U.S. Net Product Sales, a 35% to 38% Increase Compared With Full-Year 2024 – –Total Preliminary* Revenue of $400 to $408 million, a 20% to 23% Increase Compared With Full-Year 2024, and ~55% to 59% Increase Excluding One-Time Milestones – – Cash and Cash Equivalents of Approximately $168 Million* at Year-End 2025 – – Q4 Retail Prescription Equivalents Grew 34% Y/Y and 11.3% Q/Q – – Expects Operating Expenses of Between $210 Million an
Chiefs urged to remove $20 million headache this offseason
This wouldn't be a surprise.
Apple Confirms iPhone Attacks—No Fix For Most Users
Hundreds of millions of iPhones now at risk from new attacks. Users must upgrade now.
Awesome Games Done Quick 2026 closes with £1.8m raised for Prevent Cancer Foundation and a 70-player relay in Super Mario 64 Replay
Awesome Games Done Quick 2026 has raised $2.44 million (£1.8m) for its latest cause, Prevent Cancer Foundation.
Alex Bregman signing with Cubs: What that means for Bichette, Red Sox, Hoerner, more
Bregman's five-year, $175 million contract will shift the MLB offseason landscape with two months to go
Los Alamos to Play Key Role in Renewed Quantum Science Center
The Department of Energy has renewed funding for the Quantum Science Center, with Los Alamos National Laboratory continuing to play a vital role along with Oak Ridge National Laboratory in the center’s mission to advance quantum science and technology. The center will be funded for $125 million over five years to focus on quantum-accelerated high-performance computing.
One Million ARC Raiders Players Wiped Their Accounts, Embark Reveals
Embark Studios has revealed that more than one million ARC Raiders players completed their first Expedition Project.
Alex Bregman signs with Cubs: Third baseman inks five-year, $175 million contract with Chicago, per report
Bregman opted out of the final two years of his Red Sox deal to become a free agent again this winter
When the oceans died and life changed forever
A rapid climate collapse during the Late Ordovician Mass Extinction devastated ocean life and reshuffled Earth’s ecosystems. In the aftermath, jawed vertebrates gained an unexpected edge by surviving in isolated marine refuges. Over millions of years, they diversified into many forms while competitors faded away. This ancient reset helped determine which creatures would dominate the planet ever after.
Sudan war leaves millions hungry and displaced as health system nears collapse
Sudan’s protracted conflict has spiralled into one of the world’s most severe humanitarian crises, with hunger, displacement and the collapse of basic services exacting a daily toll on civilians.
Former Google, Apple Researchers Raising $50 Million for New Visual AI Startup
Andrew Dai, a veteran AI researcher who recently left Google DeepMind after 14 years, is launching a new startup focused on AI models that understand and process text, images, video and audio simultaneously, Dai said. The new startup, Elorian, is in talks with investors to raise a seed round of ...
Apple Issues Major Warning to 800 Million iPhone Users
The Apple iPhone is the most popular mobile phone line in the United States and one of the most popular series of devices in the world with an estimated 1.6 billion iPhone users across the globe. Unfortunately, many of those users are now at risk. Over the past few weeks, Apple has been issuing a ...
Jets $40 million free agent signing named top cut candidate
The New York Jets may cut a 2025 free agent signing.
An 82-year-old couple believed they were 'helping' a federal investigation. It was a $1.3 million scam.
Scammers impersonating Amazon, TD Bank, and the FTC convinced retirees to convert $1.3 million into bitcoin and gold. The couple is now speaking out.
Canadian Entrepreneur Builds $1.4 Million Business After Learning Skills On YouTube
Tuan Le, a self-taught video editor from Canada, turned his small local gig into a 1.4 million business in five years, crediting persistence and YouTube tutorials for his success.
The AI industry's getting political. Keep an eye on these super PACs.
The AI industry is pouring hundreds of millions of dollars into super PACs ahead of the 2026 midterm elections.
Georgia gets $219 million to `transform’ rural health
The grant is to be the first of five annually, and is meant to offset health care cuts in the federal spending plan.
Local business in Neenah donates millions of medical masks
Eight semi-trucks filled with medical masks from 5K Fibres will head to Minnesota as a way to repurpose them and keep it from going into a landfill.
Why Washington's Demond Williams returned after $6 million transfer gamble
The day after his audacious announcement to break his contract and transfer, Williams sobered up to the reality he may need the Supreme Court's help to actually pull the move off
L3Harris announces $845 million majority sale of Space Propulsion and Power Systems business
The deal with AE Industrial Partners is expected to close in the second half of 2026. L3Harris will retain full control over the RS-25 engine.
Adams Street leads private debt deal for military gear business
Adams Street Partners led a private credit financing of as much as $400 million to back the acquisition by two investment firms of aerospace and defense equipment business Beaufort.
Homo erectus wasn't the first human species to leave Africa 1.8 million years ago, fossils suggest
A new analysis of enigmatic skulls from the Republic of Georgia suggest that Homo erectus wasn't the only human species to leave Africa 1.8 million years ago.
Adams Street Leads Private Debt Deal for Military Gear Business
Adams Street Partners led a private credit financing of as much as $400 million to back the acquisition by two investment firms of aerospace and defense equipment business Beaufort.
Apple Releases A Further Surprise iPhone Update For Millions Of Users
There’s a new test update for the iPhone which nobody saw coming.
Using AI, Mathematicians Find Hidden Glitches in Fluid Equations
A $1 million prize awaits anyone who can show where the math of fluid flow breaks down. With specially trained AI systems, researchers have found a slew of new candidates in simpler versions of the problem.
Tiny bump on 7 million-year-old fossil suggests ancient ape walked upright — and might even be a human ancestor
The way Sahaleanthropus tchadensis moved has long been debated. The discovery of a small bump on the front of the thigh bone is "beyond convincing" evidence this ape was bipedal.
Vikings’ Biggest Offseason Problem Could Be a Nothingburger
When 2025 free agency kicked off for the Minnesota Vikings, the club had around $60 million in cap space, prepared […]
Insmed Provides Business Update at 44th Annual J.P. Morgan Healthcare Conference
— BRINSUPRI® (brensocatib) Unaudited Total Revenues of Approximately $144.6 Million for First Full Quarter of Launch; Approximately $172.7 Million for Full-Year 2025— —ARIKAYCE® (amikacin...
Insmed Provides Business Update at 44th Annual J.P. Morgan Healthcare Conference
— BRINSUPRI® (brensocatib) Unaudited Total Revenues of Approximately $144.6 Million for First Full Quarter of Launch; Approximately $172.7 Million for...
The World’s Most Profitable Sports Teams 2026
See Forbes’ 2026 list of the world’s most profitable sports teams, which features 20 franchises from five leagues, including one club that topped $600 million in EBITDA.
Millions v. billions: New health funds in rural Minnesota are welcome, but they won’t offset Medicaid cuts
Minnesota’s allocation from a new federal program meant to offset significant budget cuts comes in below the average.
A Financier’s Twist on Buying Influence: Bankrolling Ballot Measures
Brian Heywood, a Seattle-area hedge fund founder, has spent millions to put conservative initiatives in front of Washington lawmakers and voters. Next up: parental rights and transgender athletes.
Plans for Kalamazoo County indoor youth sports complex delayed
Plans to build a state-of-the-art, $40 million youth sports complex in Kalamazoo County are on hold for now.
House passes bill extending health care subsidies, bucking GOP leaders
Prospects for passage in the Senate are unclear. The enhanced subsidies expired at the end of 2025, driving costs up for millions.
House passes bill extending health care subsidies, bucking GOP leaders
Prospects for passage in the Senate are unclear. The enhanced subsidies expired at the end of 2025, driving costs up for millions.
This 27-Year-Old’s ‘Bulletproof’ Business Strategy Led to $1 Million in Sales in 7 Minutes
Mikayla Nogueira reveals how the tactic helps a brand "explode."
A Look At AMC Entertainment (AMC) Valuation After Stranger Things Finale Partnership With Netflix
AMC Entertainment Holdings (AMC) is back in focus after its Netflix Stranger Things finale event pulled in more than 753,000 attendees across 231 theatres and generated over US$15 million in food and beverage sales. See our latest analysis for AMC Entertainment Holdings. The Stranger Things finale tie up comes after a choppy stretch for AMC, with a 30 day share price return of 34.48% decline at a last close of US$1.52 and a 1 year total shareholder return of 61.52% loss. This suggests recent...
Over Republican objections, US House poised to pass health subsidy renewal
The Republican-controlled U.S. House of Representatives on Thursday was poised to pass Democratic-backed legislation that would restore expired healthcare subsidies, as millions of Americans face significant price hikes for coverage.
The Egg reopens following $19.5 million renovation
The Egg in Albany underwent a nearly $20 million renovation.
Secretive Rampart Bioscience closes after pursuing non-viral gene therapy
Two former employees, who spoke under the condition of anonymity, confirmed that Rampart closed its doors last week after launching with $125 million.
OpenAI launches ChatGPT Health to review your medical records
The firm says its chatbot sees health and wellbeing questions from 230 million people every week.
James Webb telescope confirms a supermassive black hole running away from its host galaxy at 2 million mph, researchers say
JWST peered at the glowing trail of stars left behind by a candidate runaway supermassive black hole deep in space, revealing new insights after other telescopes looked at the event.
Penske Entertainment adds $11 million to IndyCar Leaders Circle
Penske Entertainment set aside $31.9 million in 2025 for structured payouts to IndyCar Series team owners in possession of Leaders Circle contracts, and has added $11 million to the total for 2026.Through the Leaders Circle program, which is exclusively available to IndyCar’s 25 charter entries, the top 22 finishers in...
WellSpan Health Announces Comprehensive Migration of Technology Portfolio to AWS
Add to FavoritesWellSpan Health, the leading health care system serving Central Pennsylvania and Northern Maryland, today announced plans for a comprehensive cloud migration of its full technology infrastructure. Together with Amazon Web Services (AWS) as its preferred cloud provider, WellSpan will transition its applications, data and environments from traditional data centers to AWS. This migration will establish the foundation for delivering next-generation, AI-enabled health care solutions that reduce administrative burden and improve outcomes for patients across the region and beyond. Supercharging Innovation, Efficiency and Patient Outcomes WellSpan's migration of systems and clinical applications, which serve 1.2 million patients across nine hospitals and 250+ facilities, is expected to be complete by April 2026, one of the fastest full-scale migrations in the health care industry. This transformation enables WellSpan to unify disparate data systems for care teams and patients alike, achieving operational efficiencies and care improvements that fragmented systems are unable to deliver. “Our comprehensive migration to the cloud accelerates our ability to deploy new clinical capabilities that transform patient care while advancing our overall innovation strategy,” said Roxanna Gapstur, Ph.D., R.N., president and CEO, WellSpan Health. “When a physician can access complete patient imaging in seconds instead of hours, we're not just modernizing technology—we're improving patient outcomes. Our new cloud infrastructure also enables us to quickly implement solutions that will free our clinicians from thousands of hours of administrative work annually so they can focus on what they do best: caring for our communities.” The transition allows WellSpan to move away from a data center-based model and enables the rapid deployment and scale of AI technology. WellSpan’s strategic partner, General Catalyst’s Health Assurance Transformation Company (HATCo), facilitated the collaboration with AWS to support the migration. WellSpan’s transformation journey benefits from HATCo’s specialized technology solutions, as well as General Catalyst and AWS’s significant partnership to improve patient outcomes, which was announced in January 2025. “Our decision to go all-in on AWS will enable insights and innovations impossible in traditional siloed environments,” said Kasey Paulus, executive vice president and chief operating officer, WellSpan Health. “This is the largest health care technology transformation in our region's history, and it positions WellSpan to be a premier partner for technology leaders across the country.” “WellSpan is building a foundation with AWS that will improve care and outcomes for patients across their health system by bringing data together into standardized formats that are optimized for AI applications,” said Dan Sheeran, vice president and general manager, Healthcare and Life Science, AWS. “To do this, it is essential to have the most secure and compliant cloud when handling patient data, along with AWS’s built-in AI governance and responsible AI frameworks that follow the industry’s highest standards to protect patient information. We look forward to continuing to work alongside WellSpan as they unlock the cloud and AI’s full potential to deliver exceptional care to their patients.” Key Benefits of the AWS Collaboration Full Portfolio Migration: WellSpan will transition its applications and data from on-premises data centers to AWS, including full IT environments and specialized applications for functions such as nursing, cardiology, pharmacy and the company’s supply chain systems. This represents approximately 7.5 petabytes of clinical and non-clinical data and more than 300 applications—the most comprehensive health system cloud migration in the Mid-Atlantic region. Approved Architectures: AWS will deliver secure, WellSpan-specific architectures tailored to each build, ensuring compliance and reliability across the health system. Unified, AI-Ready Data: Migrating to AWS enables WellSpan to harmonize data across separate systems, transforming unstructured clinical notes and multi-modal datasets into standardized, AI-ready formats. Accelerated Results and Improved Outcomes: Automated data normalization and processing will enable the deployment of applications that reduce turnaround times for items such as analyzing medical imaging or patient records from days to minutes, helping clinicians get patient results faster and improving overall health outcomes. Reduced Administrative Burden: The transition to AWS will enable swift deployment of AI-powered solutions that reclaim thousands of hours for WellSpan’s clinical and corporate teams, allowing them to focus on patient care rather than paperwork. Elastic Infrastructure: Cloud architecture will enable WellSpan to scale computing resources dynamically, supporting seasonal demand fluctuations without infrastructure investments, as well as the rapid deployment of new services across multiple locations simultaneously. Most Secure, Compliant Cloud: AWS offers the highest network availability of any cloud provider, with more than 166 HIPAA-eligible services and certifications for global compliance standards, including HITRUST CSF. Built-in AI governance and responsible AI frameworks ensure that WellSpan’s data is protected under the industry’s most rigorous standards. Tags:News releaseInnovation and partnerships
People in Brazil are living past 110 and scientists want to know why
Scientists are uncovering why Brazil may be one of the most important yet underused resources for studying extreme longevity. Its highly diverse population harbors millions of genetic variants missing from standard datasets, including rare changes linked to immune strength and cellular maintenance. Brazilian supercentenarians often remain mentally sharp, survive serious infections, and come from families where multiple members live past 100. Together, they reveal aging not as inevitable decline, but as a form of biological resilience.
CT set aside $120 million to help cover residents’ health insurance costs. How to get help
Unlike 26 million Americans across the country who saw their healthcare subsidies cut off on New Year’s Day, Connecticut residents can still sign up for state-paid subsidies for at least thre…
Illinois nets millions of dollars in taxes from sports wagering
As gamblers may be rejoicing at the opportunity to bet on sports in Illinois, the state likely is as its collecting millions in taxes.
Kevin Steele drops $5 million into his campaign for CFO
The entrepreneur showed he's willing to put his own skin in the game.
City awards $33 million to dozens of businesses and organizations
The grant winners were selected through competitive application rounds through the city’s Department of Planning and Development Community Development Grant and Neighborhood Opportunity Fund programs, which will total $90 million in public-private neighborhood investments.
Can You Build A Profitable Small Business On Main Street In 2026? Yes.
Founder Kate Assaraf of Dip is choosing to work almost exclusively with independent retailers. She's redirected $5 million into Main Street economies across the US.
UMass Amherst granted millions to expand life science research and manufacturing
UMass Amherst’s Institute for Applied Life Sciences has received two grants that total over $3.5 million from the Massachusetts Life Sciences Center.
Recent $11 Million Grant to Hallmark Farms Highlights Economic Partnerships Between Business and State, Federal Government - Alabama Department of Labor
FOR IMMEDIATE RELEASE January 7, 2026 Recent $11 Million Grant to Hallmark Farms Highlights Economic Partnerships Between Business and State, Federal Government Montgomery, Ala. – The recent award of $11 million in federal Abandoned Mine Land Economic Revitalization (AMLER) Program funding to the Alabama Farm Center is a shining example of cooperation and strategic partnerships […]
EXCLUSIVE: Hollywood Legend Jeff Bridges Lists Malibu Land for $4.4 Million—After Beloved Family Home Burned in Wildfires
Bridges' longtime Malibu home, which was passed to him by his parents, was destroyed in the California wildfires.
Introducing Listening Activity and Request to Jam in Messages on Spotify
We know people use Spotify not just to listen, but to share the songs, podcasts, and audiobooks they love with their friends and family. When we launched Messages last year, we gave users a place to do that right in the app. Since then, almost 40 million users have sent nearly 340 million messages, showing...
Return of BTS, BigBang to lift Korean entertainment giants’ profit above $700 mn
South Korea’s big four entertainment companies are poised to post combined operating profit topping 1 trillion won ($700 million) this year, as the count
FOX NFL Had Its Best Regular Season Since 2015
FOX NFL enjoyed its best season since 2015, averaging 19.6 million viewers.
How WA’s $181M in rural health funding stacks up with other states
Washington is set to receive $181 million in federal funding this year to boost rural health care amid drastic Medicaid cuts.
$10M lawsuit filed against Houston business owner accused of making deepfake sexual content of influencer
A Houston business owner, already facing criminal charges after being accused of impersonating a Houston internet influencer and creating fake nude images of her, is now facing a multi-million dollar lawsuit.
$4.5M alumni gift establishes major science scholarship at St. John Fisher
St. John Fisher University receives a $4.5 million alumni gift—the largest in its history—establishing the Christopher G. ’72 and Betsy C. Ullrich Endowed Scholarship for science students with financial need.
New Jersey company buys four Capital Region health care properties
Essential Properties Realty Trust, a New Jersey-based company, has acquired four health care properties in the Capital Region for a combined $28.9 million. The properties are Carpenter House of… Already an INSIDER? Sign in. We are glad you enjoy reading Business Report. Continue reading this story and get ACCESS to all our content from any […]
University of Lowa Secures $1.5 Million for Materials Science Expansion
The University of Iowa has been awarded $1.5 million by the U.S. Department of Defense to expand its materials science research and support quantum technology development.
Razer Dives Into AI for Consumers, Professionals and Gamers
The maker of gaming keyboards and mice is planning a $600 million AI push.
UI wins $1.5 million to accelerate materials science research
The University of Iowa has won nearly $1.5 million to expand its materials science center and to explore new ways to leverage materials for quantum technologies. The award from the U.S. Department of Defense will unite researchers in chemistry, engineering, and physics to investigate which materials can be combined to build light- or electronic-based quantum systems. Ravitej Uppu, John Prineas, and Thomas Folland are co-principal investigators on the award.
On the Hook for Uninsured Residents, Counties Now Wonder How They’ll Pay
Millions of people gained health coverage under the Affordable Care Act, reducing pressure on counties in states that fund care for the uninsured. With federal policies expected to reverse that trend, county officials wonder how they will fill the gap — and who will pay for it.
Taxpayers miss out on millions after ‘phoenixism’ at UK recruitment firms
Practice where companies are liquidated and reacquired, free of debts, thought to cost taxpayers about £800m a year
Mark Kiszla: What CU sports needs more than a bright new athletic director is a billionaire sugar daddy
BOULDER – The first thing eager new CU athletic director Fernando Lovo must learn is the massive gap between wishful thinking and what it actually takes to win the Big 12 Conference football championship. Here’s a hint: Start with a $5 million quarterback. In 2026, that’s the going rate for success in college athletics. Are […]
Former state rep Charley Murphy leads Harvard Street toward new $57 million health center
When Murphy returned in 2021 to his old job leading the nonprofit Harvard Street Neighborhood Health Center, he dusted off plans to build a new center around the corner.
Mike Tyson accuses ex-cannabis business partners of racketeering in $50M lawsuit
Heavyweight boxing champion Mike Tyson has filed a $50 million racketeering lawsuit accusing former partners at a Chicago marijuana branding company of defrauding him through kickback schemes, unauthorized bonuses and lavish personal spending.
Microchip Technology Provides Q3 Fiscal 2026 Business Update
Recovery Plan Execution ProgressingCHANDLER, Ariz., Jan. 05, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today commented that it expects its net sales for third quarter of fiscal 2026 ended December 31, 2025 to be about $1,185 million, well above its original guidance of $1,109 million to $1,149 million provided on November 6, 2025, and its subsequent revised guidance provided on Decem
Video Health insurance premiums set to soar as ACA subsidies expire
Millions of Americans who rely on the Affordable Care Act marketplace could see their premiums double or triple after subsidies end, Kaiser Family Foundation correspondent Julia Appleby explains.
Site of Troubled Brooklyn Entertainment Complex Sells for $110M
The Avant Gardner site, including Brooklyn Mirage, has been sold to Five Holdings, owner of the Pacha nightlife brand, for $110 million.
Congestion pricing: 27 million fewer vehicles entered Manhattan’s Central Business District in first year of toll program, MTA says
Monday marks one year since the congestion pricing cameras turned on and began charging drivers a $9 base toll to enter Manhattan below 60th Street during
Philosophy to the Rescue of Science
The pessimistic meta-induction—the argument that since past scientific theories have been shown to be false, we should expect that today’s will turn out false, too—makes the New York Times. . Elay Shech, professor of philosophy at Auburn University, takes up the topic in the context of current political disputes about science and our government’s seemingly increasing disregard of expertise: Robert F. Kennedy Jr., the secretary of health and human services, made a version of this argument in August when defending his decision to halt hundreds of millions of dollars in mRNA vaccine development despite the objections of vaccine scientists. He said that “science is always evolving” and the experts could not always be trusted. Shech accepts that “many widely accepted [scientific] theories have been discarded” but that the question, “why should we trust the ones we have now?” is misleading. Why? It implies that the only possible attitudes toward science are naïve faith and wholesale pessimism. It assumes that science is a single global entity that rises or falls all at once, when in reality, science is an array of local domains of inquiry, each with its own standards of evidence and degrees of reliability. In place of skepticism, Shech recommends “disciplined trust.” The first step in the direction of disciplined trust is recognizing that “there is no single scientific method used in all of science.” Shech writes: Newton’s deduction from observed phenomena is very different from Darwin’s inference to the best explanation, which in turn differs radically from Einstein’s thought experiments with light beams, trains and elevators. What people call “the scientific method” is really many distinct ways of investigating the world—different strategies for representing, experimenting and classifying. Since different areas of science employ different methods and rely on different kinds of evidence, to make a case for skepticism “you need to look at the evidence and methods in a specific area of inquiry.” And that case will not be “a sweeping claim about all of science” but rather about that particular area of inquiry with, for example, what might turn out to be “well-understood methodological problems.” Shech’s piece is “Science Keeps Changing, So Why Should We Trust It?” (NYT gift link). Discussion welcome (readers are advised to keep in..
Accesso Buys 76 Acres to Build Orlando Entertainment District
Accesso purchased over 76 acres of land located at the northeast intersection of Interstate 4 and U.S. 192 in Osceola County, within the Orlando MSA, to develop Ovation Orlando, a $1 billion master-planned mixed use entertainment district slated to break ground in Q1 2026. The site was acquired for over $70 million. It’s located about ...
Universal Music Takes 30% Stake in India’s Excel Entertainment at $257M Valuation
Universal Music Group has taken a 30% stake in Indian film and digital content studio Excel Entertainment at a $257 million valuation.
How Insomnia Cookies Became A $350 Million Business — By Obsessing Over One Word
It's a powerful lesson in brand positioning, and a great way to sell cookies too.
L3Harris sells 60% stake in space propulsion business for $845 million
L3Harris Technologies said on Monday it will sell an about 60% stake in its space propulsion and power systems business to private equity firm AE Industrial Partners for $845 million, including debt.
UI wins $1.5 million to accelerate materials science research
The University of Iowa has been awarded $1.5 million to advance materials science research by leveraging various materials’ features for quantum technologies. The award also will position the university’s MATFab facility as a regional innovator.
Idaho to receive $930 million in federal funds to improve rural health care access
Idaho will receive nearly $930 million over the next five years to improve rural health care access and affordability.
Exclusive: 40 million Americans turn to ChatGPT for health care
OpenAI's new report shows how chatbots can help navigate health care.
Universal Music Acquires 30 Percent Stake in India’s Excel Entertainment
As part of the deal, which values Excel at $290 million, Universal Music Group will receive global rights to all future original soundtracks attached to projects produced by the fast-growing Indian company.
Universal Music Takes 30% Stake in India’s Excel Entertainment With $267 Million Deal
UMG's Indian division acquires significant minority stake in Bollywood studio Excel Entertainment for $267 million, gaining global soundtrack rights.
North Carolina awarded $213 million to improve rural health amid Medicaid cuts
The federal government has awarded $213 million to North Carolina to help support rural health care.The funding backed by Congressman Chuck Edwards comes from t