SCROLL NEWS / DISCOVERY
Search headlines
Find the stories shaping the conversation.
Results for " morning " 2,056 found 🔀 AI-powered Shuffle
The science of sweating still holds surprises
The purpose of perspiration was a mystery in 1775, when English physician Charles Brian Blagden and a few inquisitive friends experimented on themselves by spending time in rooms heated to over 230 degrees Fahrenheit. Although the temperatures were hot enough to cook raw meat placed in those rooms, Blagden noted how human bodies resisted the heat. Their core body temperatures remained nearly constant as the sweat poured out and evaporated.
Eagles Get Disappointing News On Patriots Pro Bowler
On Wednesday morning, the Philadelphia Eagles and the New England Patriots are firing up their first joint practice of the week. Leading up to the action, the Eagles learned that the Patriots’ All-Pro cornerback Christian Gonzalez is not going to be suited up on August 19. No Christian Gonzalez for today's Patriots-Eagles joint practices. — […] The post Eagles Get Disappointing News On Patriots Pro Bowler appeared first on HEAVY.
Saturday Morning Cartoons United aims to celebrate, support animation
From Betty Boop's birthday bash to a “Pee-wee’s Playhouse” Christmas Special spectacular, Saturday Morning Cartoons United is looking to turn nostalgic interest into a force for good for the ailing animation industry.
Sunburn — The morning read of what’s hot in Florida politics
Sunburn — the first word on Florida politics, people & power plays.
Cubs BCB After Dark: Will Pete get reach 40-40?
The late-night/early-morning spot for Cubs fans asks if PCA will reach 40-40.
Witney Carson shares pregnancy news ahead of 'Dancing With the Stars' premiere
The professional dancer revealed her pregnancy Monday on "Good Morning America." "You guys will definitely see a big bump," she said.
Raccoon causes chaos in a Pittsburgh small business
A raccoon caused significant damage to MH Custom Studio in Pittsburgh’s Carrick neighborhood after breaking into the shop early in the morning.
Observations from Arkansas football's first morning practice of preseason
Quarterbacks combined for 7 of 8 passing during "team tempo," and tight ends coach Morgan Turner said the squad kept up its energy after the Hogs' high-heat run during afternoon practices.
Smithsonian Brings Sandy Beach Scientists to Texas A&M Galveston
Scientists from the U.S. and South America are workshopping at Texas A&M University at Galveston (TAMUG) this week to expand sandy beach research and broaden collegiate learning opportunities.The Tides of Opportunity Project, co-led by the Smithsonian’s Marine Global Earth Observatory (MarineGEO) Program, TAMUG, the Smithsonian Marine Station, the Smithsonian National Zoo and Conservation Biology Institute, and the University of Miami, is a collaborative monitoring project with marine science professors and their students.Tuesday, Aug. 18, through Friday, Aug. 21, 15 professors and marine science professionals from the United States, Brazil, Peru, and Urugay will co-design a sandy beaches monitoring protocol and associated course modules and test the protocol in the field.The goal is to incorporate sandy beach monitoring protocols into marine science courses, which college faculty and students can use to achieve learning goals while providing essential data can help researchers diagnose the health of an understudied critical coastal habitat.Dr. Guilherme Corte, an assistant professor of marine biology in the College of Marine Sciences and Maritime Studies at TAMUG, is a principal investigator for MarineGEO. Texas A&M University at Galveston students and faculty package samples collected on the beach to take to campus for study in the Benthic Ecology Lab. Credit: TAMUG Division of Marketing and Communications“One third of the world’s ice-free coastlines are made of sandy beaches, and they go from pole to pole,” Corte said.However, despite their abundance and place as one of the most accessible coastal ecosystems for college-level education and research, they remain critically understudied.The Tides of Opportunity Project recognized that accessibility makes sandy beaches uniquely suited for engaging professors and students, including those with limited resources.“Any students can do sandy beach research,” Corte said, encouraging instructors to help students take a break from typing questions into artificial intelligence tools and embrace opportunities to do real science. “Providing this hands-on experience is something unique.”Tides of Opportunity Project goals include:Training a cohort of professors from across the Americas in standardized sandy beach monitoring methods; Equipping participating faculty with classroom modules, field tools, and multilingual teaching materials; Expanding MarineGEO with new monitoring sites focused on the implementation of long-term sandy beach monitoring; Strengthening hands-on, college-level learning experiences; And cultivating interest, learning, and efficacy in science among college-level students.By the end of this week, workshop participants plan to have a final version of the protocol and associated course modules that we can share with professors shortly after the workshop ends to then test with their students in courses that take place between September 2026 and February 2027.The scheduleDay 1: Tuesday, Aug. 18Location: Aggie Special Events Center (ASEC), Rooms 102 B and C, Texas A&M University at Galveston 8:30 – 9 a.m. Breakfast9 – 9:30 am Welcome and brief group introductions9:30 – 10 a.m. Introduction to Tides of Opportunity Project, Design Workshop, MarineGEO, and the Connecting Coastlines to Campuses Program (presentation)10 a.m. – 1 p.m. Introduction to workshop participants and project coordination team (presentations by each participant)• Brief lunch break from 12-12:30 p.m.1 – 3 p.m. Discussion about why collaborative science matters (presentation and interactive group discussion)3 – 4:15 p.m. Introduction to sandy beaches (presentation and group discussion)Day 2: Wednesday, Aug.19Location:• Morning sessions: ASEC Rooms 102 B and C, Texas A&M University at Galveston • Afternoon sessions: Corte’s field site (location available upon request)8:30 – 9 a.m. Breakfast9 a.m. – noon Prep for fieldwork (presentation and interactive group discussion)• Finish conversation about importance of studying sandy beaches• Go through sandy beaches monitoring protocol and field sheetsNoon – 12:45 p.m. Lunch12:45 – 1:30 p.m Prep for field (including driving to the field site)1:30 – 5:30 p.m. Fieldwork & bring samples back to TAMUGDay 3: Thursday, Aug. 20Location:• Breakfast: ASEC Rooms 102 B and C, Texas A&M University at Galveston • Fieldwork: Guilherme’s field site (location available upon request)• Lab/afternoon sessions: TAMUG lab (location available upon request) and ASEC Rooms 102 B and C8:30 – 9 a.m . Breakfast9 – 11 a.m. Return to field• Shorter field trip – recovering samples left out overnight11 a.m. – noon Lab work12 – 12:45 p.m. Lunch12:45 – 2:45 p.m. Continue lab work3 – 5 p.m. Discuss with professors the feasibility of implementing protocol in their courses and where might need to make changes (discussion)Day 4: Friday, Aug. 21Location: ASEC Rooms 102 B and C, Texas A&M University at Galveston 8:30 – 9 a.m. Breakfast9 a.m. – noon Group Discussion• How to evaluate student learning and engagement• Course modules• Next steps
Everyone wants a piece of Luke Kuechly
This originally appeared in Tuesday morning’s edition of The A Block, Awful Announcing’s daily newsletter with the latest sports media news, commentary, and analysis. Sign up here and be the first to know everything going on in the sports media world. When Luke Kuechly walked away from the NFL at 28 years old, the prevailing assumption…
Kindergarten vaccine exemptions are climbing
Doritos as "real" "food," public-sector health care in trouble, and more health news from Morning Rounds
MORNING BUSINESS REPORT: Meta trial expected to begin, strawberry prices could rise
Tracey and Cait have these stories and more for Tuesday's morning business report.
A very normal day in L.A., plus the AP Top 25
The Pulse Newsletter 📣 | This is The Athletic’s daily sports newsletter. Sign up here to receive The Pulse directly in your inbox. Good morning! Watch your shoelaces today. Coming up: 🫠 Inside the Lakers’ drama 🙃 The Clippers, too 🏈 AP Top 25 takes In 1979, Jerry Buss bought the Lakers. For 46 years, even after Buss died in 2013, the team’s ownership remained relatively stable. To describe the last 14 months as “chaos” feels light, at this point. Let’s just do a quick timeline recap, punctuated by yesterday’s wild updates: June 2025: The Buss family...
🚨 Official: Le Mans sign a 2018 World Cup winner!
The last dance?It’s official: Djibril Sidibé is joining Le Mans for two seasons!The 2018 World Cup winner signed with the newly promoted Ligue 1 side this Tuesday morning.After two seasons with Tou...
Madison County commissioners approve pay raise, health benefits change
Madison County commissioners approved several policy changes during a meeting Monday morning, including one resolution described as controversial among some members and the community.
Police, Gambling Control Unit conduct raid at Lisbon, Maine, business
Police from Gardiner, working with the Maine Gambling Control Office, conducted a raid at a business in Lisbon on Monday morning. Crews were seen using a forklift to remove boxes.
“Wish You Were Here” Variety Show Combines Entertainment & Community Impact
Watch Virginia This Morning each weekday from 9 to 10 a.m. Find the show on Facebook and Instagram at @VirginiaThisMorning.
Yale Health Center building reopens after fire
NEW HAVEN, Conn. (WTNH) — A Yale Health Center building has reopened after a fire Monday morning, according to Yale University’s alert system. The fire happened at 55 Lock St., the buil…
Atlanta police officer shot while responding to mental health crisis, suspect in custody
An Atlanta police officer is expected to recover after he was shot in the arm while responding to a mental health crisis in southwest Atlanta on Monday morning, city officials said.
Reporter's Notebook: Daylight saving time fight puts Senate up against a ticking clock
Trump urged Republican senators to release holds on the Sunshine Protection Act, but lawmakers from northern states raise concerns about dark mornings.
CT Business Blend: Aug. 17, 2026
Hartford Business Journal’s Greg Bordonaro and WTIC’s Brian Shactman explore the people, companies and trends shaping Connecticut’s business scene every Monday at 8:30 a.m. on WTIC 1080 AM.
Fun with Mad Science of Southern MA & RI
Science has the power to entertain, educate and enlighten and no one does it better than the team at Mad Science of Southern Massachusetts and Rhode Island. This morning on “The Rhode Show” we once…
Everything the Trump administration did on health care last week
An executive order remaking the federal vaccine agenda, Epic's antitrust lawsuits, and more health news from Morning Rounds
Better Business Bureau shares what to do after debit card surcharges following recent ban
Jo Ann Deal with the Better Business Bureau of Monroe joined Good Morning ArkLaMiss to talk about the recent ban on debit card surcharges.
Better Business Bureau shares what to do after debit card surcharges following recent ban
Jo Ann Deal with the Better Business Bureau of Monroe joined Good Morning ArkLaMiss to talk about the recent ban on debit card surcharges.
Better Business Bureau shares what to do after debit card surcharges following recent ban
Jo Ann Deal with the Better Business Bureau of Monroe joined Good Morning ArkLaMiss to talk about the recent ban on debit card surcharges.
The most important NFL QB this season, plus questions on the Lakers sale
The Pulse Newsletter 📣 | This is The Athletic’s daily sports newsletter. Sign up here to receive The Pulse directly in your inbox. Good morning. RIP, Tommy John. Coming up: Jones’ incredible recovery 😶🌫️ Questions on Lakers sale 🏅 Taurasi’s big day So many things happen during the course of an NFL season that it’s easy to forget specifics. A lot can happen in 272 regular-season games. So forgive me if I read this story and immediately thought: Remember when Philip Rivers came out of retirement last year? After four years away? That was wild. It’s...
Morning sports: getting a head start on football season
High school football pratice begins this week; some teams worked hard through the summer.
Where do Rangers turn after a disastrous road trip?
Texas wrapped a seven-game stretch against baseball's two worst teams with more questions than answers.
"We Walk Detroit" encourages health, promotes the city
The program in Detroit meets on Sunday mornings to go on walks along the city, promoting health and wellbeing.
Business is blooming: First Street Flowers stand a hit in the Village
A typical Thursday morning for Hannah Lazarz is spent in her front yard with a pair of shears. She carefully picks out her next batch of flowers, snipping them at an angle and plucking off most leaves. Those selected are bound for bouquets and jars for her flower stand, First
Sports podcaster breaks down week 1 of the NFL preseason
Double Coverage Podcast host Zach Hirsch joins “Morning in America” to discuss his thoughts as week 1 of the NFL preseason wraps up, including his Rookie of the Year and Super Bowl predictions.
Recovery session tomorrow morning
Tomorrow morning, the Rossoblù will take part in a recovery session at the Niccolò Galli Training Centre.
Why there are no morning newspapers on August 16
Following the celebration of Ferragosto in Italy on Saturday (August 15), there will be no morning newspapers published on Sunday morning.Why there are no Italian newspapers on August 16Football Itali...
Despite health risks, raw milk is having a moment
Unlike the stuff sold in most grocery stores, raw milk isn’t heated to kill harmful pathogens in a process known as pasteurization.
Springfield’s Mindful Miles 5K supports mental health services
The Gandara Center hosted its 12th annual Mindful Miles 5K Walk and Run at Forest Park in Springfield on Saturday morning.
Pittsfield Health Board Votes to Demolish Blighted Properties
PITTSFIELD, Mass. — Blighted homes in the West Side and Morningside neighborhoods will be demolished as part of the city's yearly effort to address abandoned properties. Last...
In a world of wildfires, logging can improve forest health
Smoke from Spokane wildfires temporarily cleared Tuesday, giving way to a bluebird morning. Greg Mason, surrounded by luscious mountains near Twin Lakes, maneuvered a giant hydraulic clamp to the base of a white fir. Amid a symphony of grinding steel and a plume of kicked-up dust, Mason, who’d been working since 3 a.m., used this tank-like piece of heavy forestry equipment called a feller buncher to rip the large evergreen conifer out of the earth like a toothpick.
Firefighters rescue kittens from Decatur business fire
Firefighters rescued a litter of kittens while responding to a business fire in Decatur Thursday morning.
Mike Vrabel gives update on Christian Gonzalez’s health after Patriots preseason absence
What Mike Vrabel said about the health of Patriots cornerback Christian Gonzalez on Friday morning.
Gemini app gets 3.7 Flash & setting to turn off corner media watermarks
When Gemini 3.7 Flash launched yesterday morning, Google said it was just powering the Spark agent in the Gemini app. The updated model...
Lawrence mayor faces federal charges, accused of misusing COVID business loans
Lawrence Mayor Brian DePeña was arrested Friday morning on federal charges alleging the misuse of COVID business loan money.
Op-ed | When mental health crises happen, New Yorkers deserve more than one option
On a recent summer morning in Queens, Jordyn encountered a neighbor she knew to be living with a serious mental health condition. He had been pacing the block
Anthropic’s $2 trillion problem: Its underlying business is nowhere near the IPO valuation it wants
Everything you need to know before you reach the office this morning.
Mid-Michigan entertainment for the weekend of Aug. 14-16 and beyond
Check out what’s happening around the area this weekend.
Commute: How to feel about Mark Mitchell
The Morning Commute for Friday, August 15th, 2026.
Business and labor groups both backed Golden in 2024. Now they’re split over LePage v. Dunlap
With U.S. Rep. Jared Golden on his way out of Congress, the business and labor groups that united behind him are once again at odds in the 2nd District. The U.S. Chamber of Commerce endorsed Republican Paul LePage in the race Thursday. In contrast, Democrat Matt Dunlap has the backing of several major unions. It’s […]
Multiple employees hospitalized after incident at Hudson industrial businesses
Several employees at an industrial business in Hudson were brought to area hospitals with various symptoms Thursday morning, prompting a hazardous materials response.
UF Health doctor dies in custody at Alachua County Jail
Incident occurs Thursday morning.
Entertainment News: August 13, 2026
Get caught up on the latest in Hollywood, technology, and more with FOX 17 Morning Mix's Entertainment News.
Inmate dies at Alachua County Jail, officials confirm
Alachua County Sheriff’s Office officials confirm an inmate died at the jail Thursday morning
Possible gas leak leads to evacuation of Mercy Health
Mercy Health St. Rita's evacuated its 770 building because of a possible gas leak Thursday morning.
Section IV Football Media Day ushers in new season
ELMIRA, N.Y. (WETM) – High School football is back and primed for the new season. Wednesday morning, teams from all over Section IV converged for a special media day opportunity at The Links at Hiawatha Landing golf course in Apalachin. The theme was simple, be better this year than the last for players, teams and […]
State Dept axes Biden-era DEI scheme pushing woke politics across the globe and more top headlines
Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox.
Local legislators and town officials visit URI to learn about environmental and science research in action
KINGSTON, R.I. – Aug. 12, 2026 – The University’s land- and sea-focused work was showcased last month for local legislators and municipal leaders, letting them see and hear up close all the ways URI research can serve their constituents. Many had visited campus before—as speakers, parents or program attendees—but the morning forum in July let […]
Wednesday Morning Links
Morning, all! Monday marked the first game in a stretch against a couple of cellar dwellers, and the Rangers capitalized by winning 4-1 in extras against the Angels. Unfortunately, the offense was flacid last night despite ample opportunities, so the signs aren’t pointing to a momentum building road trip. Cody Bradford was a bright spot, […]
Early morning fire damages Biloxi business, cause under investigation
The fire broke out at Perry’s Refrigeration and Air Filter Services.
Early morning fire damages Biloxi business, cause under investigation
The fire broke out at Perry’s Refrigeration and Air Filter Services.
Whoop CEO Will Ahmed on Medicare expansion: 'We're excited about where the business is going'
Whoop CEO Will Ahmed discusses the wearable technology company's expansion into CMS Medicare, reaching over 3 million members, and launching natural cycles integration on 'Mornings with Maria' with Maria Bartiromo.
Graham, Norman advance to special primary runoff, political analyst breaks down results
News 4's political analyst Gibbs Knotts joined Good Morning Charleston Wednesday to break down the resulst and
Scooters are canceled, plus a sports agent and an unsolved murder
The Pulse Newsletter 📣 | This is The Athletic’s daily sports newsletter. Sign up here to receive The Pulse directly in your inbox. Good morning! Hide your best player today. Coming up: 🛴 In MLB, scooter angst 🔍 An unsolved murder 🏈 Minny’s new QB I need to express an old-man sentiment, one that’s festered within me for years: I loathe electric scooters. I recoil every time I travel to a city where they are popular, with sidewalks and plant beds awash in discarded lanky little vehicles. Also, as a new-ish dad, I always think about how dangerous they can be. Anyone,...
JaMarcus Shephard to Beaver Nation: "Get your tickets"
This morning, Oregon State's first year head coach spoke with the media. Learn more here.
Oil rises as doubts over US-Iran deal heighten supply concerns
Oil prices rose on Wednesday morning as doubts about a U.S.-Iran peace deal and attacks on two ships fuelled concerns about Middle East supply disruptions, even as industry data showed U.S. crude inventories expanded.
Politics Report: Baños Cerrados
Last week, former San Diego City Councilmember Donna Frye sent one of the staffers for Mayor Todd Gloria a picture of poop. “This Kodak Moment is from Mission Bay Park this morning near one of the closed bathrooms. Please share with the mayor.”
Columbia man arrested after Paris Road business burglary, police say
CPD has arrested a suspect in connection with a Sunday morning burglary where about $50,000 of merchandise was stolen.
Columbia man arrested in Paris Road business burglary, police say
CPD has arrested a suspect in connection with a Sunday morning burglary where about $50,000 of merchandise was stolen.
The Perseids Meteor Shower Is Peaking. Here’s How to Watch.
The Perseids will be most active on Wednesday into Thursday morning, on the moonless night after a total solar eclipse.
Mountain View fire causes $5K in damage to business
(BCN) — Mountain View firefighters stopped a fire from spreading into businesses at a Grant Road shopping center Monday morning. Crews responded to the 1300 block of Grant Road after a 911 ca…
Why we like Boeing's latest deal — plus, what to expect from this rebounding health stock
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Better Business Bureau: How to identify, avoid employment scams
Jo Ann Deal with the Better Business Bureau of Monroe joined Good Morning ArkLaMiss to talk about employment scams.
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.
Luther Burden III injured in Bears’ training camp
The Morning Commute for Monday, August 10, 2026.
Am I a rat?
“Life is short and love is always over in the morning. ” Those people who combine a love of the Toon with an equally discerning appreciation of fine music will instantly recognise those lyrics as being from Temple of Love by The Sisters of Mercy.
How to spot the Perseid meteor shower, a summer light show that promises to dazzle
The meteor shower's peak Wednesday night into Thursday morning coincides with a total solar eclipse across Spain, Iceland and Greenland and a six-planet parade — though the best time to view the fireballs will come after totality.
Morning Mail: inside the political ‘meme factories’; China questions detainee’s death; Netanyahu rejects Trump’s Gaza plan
‘Buzzer’ economy drumming up outrage online; China’s ‘grave concern’ over death in detention; Trump’s Gaza peace plan in doubt
As some struggle, business and development thrives in downtown Burbank
Your morning catch-up: Downtown Burbank business is booming, Lineage must remove foul odors from its warehouse and more big stories.
Oak Cliff nonprofit blends science and arts for back-to-school fest
2 Inspire Peace brought together engineering professors, local students, and Dallas artists for a STEAM festival on Saturday morning.
Here's why both of New Mexico's senators voted against Todd Blanche for Trump's Atty General
By a one vote margin, 50-49, the United States Senate voted early Saturday morning to approve President Donald Trump’s nomination of Todd Blanche, his former personal attorney and acting attorney general, to be the permanent Attorney General of the United States. Todd’s nomination was opposed by every Democrat and two Republicans, Susan Collins of Maine […]
Crews battle early morning fire at Cambria Co. business
WJAC provides news, weather and sports information for Johnstown, Altoona, State College and DuBois, Pennsylvania. Our coverage area includes Bedford, Everett, Somerset, Meyersdale, Ebensburg, Windber, Hollidaysburg, Huntingdon, Mount Union, Tyrone, Bellefonte, Philipsburg, Clearfield, Punxsutawney, St. Marys, Brookville, Emporium, Treasure Lake, Ridgway, Centre Hall, Reynoldsville and Curwensville.
Blanche ‘honored’ after Senate confirms him as attorney general in narrow vote
Donald Trump’s former defense lawyer confirmed by 50 votes to 49 early on Saturday morning, with senators deferring action on president’s voting bill until after recess
Jahmyr Gibbs: The contract process was extremely stressful
There was reason to believe that Lions running back Jahmyr Gibbs was close to signing a contract extension on Thursday morning when he suited up for practice for the first time at training camp and those thoughts became a reality when news of an agreement broke later in the day.
Due to recent violence, emergency curfew in place for Trenton businesses
The emergency curfew will take place every weekend evening, beginning Friday nights and ending Monday mornings.
Falcons release 2022 second-round pick Troy Andersen
The Falcons announced the release of linebacker Troy Andersen on Friday morning.
Man with two swords threatens officers during Eaton Rapids mental health crisis
A man carrying two swords was taken into custody Wednesday morning in Eaton Rapids after police said he threatened officers while appearing to experience a mental health crisis.
A third clinic settles with DOJ over trans care
Anthony Fauci held in contempt, crackdowns on the organ donor network, and more health news from Morning Rounds
Mid-Michigan entertainment for the weekend of Aug. 7-9 and beyond
Check out what’s happening around town this weekend.
Oregon universal health care board punts single-payer report over funding uncertainty
A state board in charge of developing a universal health plan for all Oregonians will delay the release of its final report to lawmakers, citing uncertainty over how to pay for it. The Universal Health Plan Governance Board voted unanimously Thursday morning to extend its deadline to Dec. 1 for its report that will describe […]
At least 3 businesses burglarized in south suburbs: police
There were at least three businesses burglarized early Thursday morning in the south suburbs, police said.
Bill Belichick Announces His Son, Steve, Is On Medical Leave
North Carolina football coach Bill Belichick revealed Thursday morning that his son, Steve, has been placed on medical leave. Steve Belichick is entering his second season as North Carolina's defensive coordinator. Although the program struggled in 2025, his defense was one of two units in the ACC ...
Covid can reactivate dormant viruses, according to study
A CDC director officially confirmed, Moderna's mRNA flu shot approved, and other health news from Morning Rounds
Ikier Takes Over as Director of Athletics Performance and Athletics Health Care Administrator at Babson
BABSON PARK, Mass.— Pamela P. and Brian M. Barefoot Associate Vice President for Athletics and Athletics Advancement Mike Lynch announced the appointment of Chris Ikier as Babson College's director of athletics performance and athletics health care administrator on Thursday morning.
Oscar Health Stock Has Doubled This Year. The ACA Insurer Reports Thursday.
Oscar Health reports second-quarter earnings Thursday morning. The results should show trends in its Affordable Care Act membership.
Why Flutter Entertainment (FLUT) Shares Are Trading Lower Today
What Happened? Shares of global online betting powerhouse Flutter Entertainment (NASDAQ:FLUT) fell 8.4% in the morning session after the company reported mix...
Vehicle crashes into the front of Lisbon business, major traffic impacts
A vehicle crashed into the front of a business on Route 196 in Lisbon on Wednesday morning, knocking out power and creating major traffic issues.
Chartbook 464 The"China squeeze" - the politics of development counterfactuals.
There are three types of China shock discourse. Each has a distinct temporal register. China shock 1.0 was a phrase coined by US academics in the 2010s to retrospectively summarize the impact on particular US labour markets, which they identified through painstaking empirical investigation. China shock 2.0 on everyone’s lips in Europe in the mid 2020s is an alarm raised by trans-Atlantic policy thinkers warning of a coming disaster which they project onto Europe’s ailing car industry. The third type of China shock discourse - commonly known as the “China squeeze” launched most recently by Indian economists Shoumitro Chatterjee and Arvind Subramanian in the pages of Foreign Affairs - mobilizes a different, more speculative temporal register: the counterfactual realm of alternate history. The China squeeze argument asks not what has happened, or what is going to happen, but what might have been. Specifically, what options for economic development might have been open to Global South economies like India or the economies of sub-Saharan Africa, had it not been for China’s spectacular industrialization since the late 1990s and the persistent competitiveness of China’s manufacture in low-skilled segments. Chatterjee and Subramanian’s argument is that whilst China has built a powerful position in electrical machinery and other high-skill manufacturing, which is now delivering China Shock 2.0, it also continues to run a trade surplus in low-skill, labour-intensive manufacturing. This surplus is large and has remained largely unchanged in fifteen years. Indeed, in the 2010s, in trade with low-income countries, China’s surplus rapidly increased. On their reading, this squeezes low-income producers in low-skill sectors in which they “should” be able to compete. Source: “China’s Mercantilist Squeeze on Developing Countries” Shoumitro Chatterjee and Arvind Subramanian. Peterson Institute for International Economics 26-7 May 2026 Chatterjee and Subramanian’s wording is telling: (emphasis mine) The canonical trajectory of economic development in the post-World War II period is for countries to transition from agriculture to manufacturing, first in low-skilled manufacturing and then later on to high-skill manufacturing (Herrendorf, Rogerson, and Valentinyi 2013). At the global level, this implies that high-income countries (HICs) that once specialized in low-skilled activities cede manufacturing export space to poorer countries that come along to occupy that space. In 1965, advanced economies accounted for about 60 percent of global value-added exports in four key low-skilled manufacturing sectors, i.e., apparel, leather, textiles, and footwear. Over time this share declined and began to be occupied first by the East Asian tigers and, beginning in the late 1990s, by China. Today China accounts for about 50 percent of the global market. The question is whether China, with its rising prosperity, is continuing to behave like its richer counterparts and ceding export space to poorer followers or to behave unlike them and continuing to occupy space. In terms of the conceptual maneuvers it performs, of the three China shock discourses, the “China squeeze” argument is by far the most ambitious. After all, it bases its critique of China on a counterfactual imagining of the world. Like any counterfactual argument, to construct this alternative reality it must rely on a heuristic model. To make their argument Chatterjee and Subramanian mobilize two key claims. The first reference point is the actual history of rich-country industrialization, what they refer to as the “canonical path”. The idea is that countries transition from agriculture to light industry and low-skilled manufacturing and from there up the value chain. To make this useful as a standard of comparison and a means to construct a normative standard, they adjust sectoral export shares for two factors: 1. the underlying level of economic development of the exporting country, as measured by national income and 2. the degree to which the sector in question is internationalized. The idea being that for a high income country to have a high export share in low-skill sectors is anomalous and even more so if that particular product is highly internationalized and thus suitable for being “conceded” to lower-income competitors. Where should this process end? Here Chatterjee and Subramanian introduce their second benchmark. Their normative idea of a global development path is one in which, in due course, low-skill manufacturing exports are distributed in proportion to a country’s share in the global labour force. They imagine, in other words, a world of proportional, polycentric global development without much national specialization in low-skill manufacturing. A useful benchmark is that, in labor-intensive manufacturing sectors, a country’s share of world exports should be broadly commensurate with its share of the world’s low-skilled labor endowment. … In the Heckscher-Ohlin model, this would be true if value added per worker and export propensities, i.e., fraction of output that is exported, are the same across countries. It is this pleasant liberal vista of orderly global development, progressing towards a general distribution of low-skilled manufacturing against which they judge reality and conclude that the low-income countries are suffering a “China squeeze”. China is not exiting low-skill sectors fast enough Allowing for its gdp level and the degree of globalization, China’s share of low-skill manufacturing exports is far higher than it “should” be. Relative to population, its low-skill share of exports is far too high. That in turn yields the conclusion that huge numbers of jobs - the authors suggest tens of millions - are being hoarded by China. For the four sectors captured in figure 4, this excess in value-added exports is $110 billion in 2022. For all low-skilled sectors overall captured in appendix figure D.1, excess value-added exports amount to $365 billion. The crowding out of LMIC exports by China is therefore substantial. Both these claims have in common that they are strong structuralisms. The first is that development paths ought to resemble each other. The second is that broadly speaking as far as low-skilled manufacturing is concerned, all countries are alike. If the world currently diverges from the distribution of trade implied by these assumptions, if China is not following the advanced economy path and has huge exports, this must be the result of “policy”, which the authors then put in question as illegitimate or unfair. Thus the naturalistic construction of a canonical path leading to a “level” distribution of low-skilled manufacturing reveals itself to be a polemical tool. From the point of view of China shock polemics, this discourse is no doubt welcome. But as an account of economic history, it must surely be regarded as nothing short of bamboozling. Development paths do not follow a regular, natural sequence. As David Fishman put it aptly, “development is not a queue”. They are always and everywhere, through and through political. Development is not so much a process, as a project. Each such project is more or less well adjusted to its context. As Gerschenkron taught uneven and combined development implies differentiation rather than simple imitation on a single parth. It may be true that Europe and the US exited relatively early from low-skill work. But clearly technology has changed. As C&S themselves point out, China no longer enjoys a low wage environment. Do they really believe that such huge differences can be accounted for either by industrial policy, which as they admit does not operate powerfully in low-skill sectors, or by exchange rate manipulation? What is overwhelmingly dominant in explaining the persistence of “low-skill” manufacturing in China are surely the network effects of complex supply chains. Indeed the label of “low-skill” may miss the point. The degree of globalization which Chatterjee and Subramanian decide to conjure away in their model of the development path - to allow for the fact that Europe and American textiles exporters did not enjoy just-in-time logistics in the 1950s - obscures the point that the networks through which Chinese factories supply the world are themselves key parts of the low-skill industrialization project. China isn’t knocking out 1970s style “cheap”. It has redefined the entire product cycle. C&S’s casual reference to “T-shirts” is telling. In today’s “fast fashion”, there is weight on both terms. Fashion and fast. China’s success in delivering on both at unprecedentedly high speed and at unprecedentedly low cost, isn’t a low-skill operation at all. If we see development trajectories not as the serial repetition of the same, but as distinctive, crafted projects that cumulate in complex agglomerations of skill, technology and labor, then this explains why the assumption that low-skilled manufacturing should follow the distribution of population flies in the face of all experience. As countless cases attest, low-wage, low-income developed economies are not by themselves the makings of a competitive production base. As Leon Liao puts it quite fairly: “International trade has never been allocated according to population. A country’s population gives it no natural claim to an equivalent share of global exports." And the remarkable fact is that Subramanian alone and with co-authors has long been making this point, not to pillory China, as is the case of the tendentious _Foreign Affair_s and Peterson pieces, but to highlight the great counterpart to China’s industrial success, namely India’s relative failure. The much-quoted Foreign Affairs piece showed low-skill export shares only for China, not for India. If you put both countries in the picture as Chaterjee and Subramanian have done on other occasions, the picture looks like this. China is far above the line, but India, almost as large in terms of population, is no less anomalous, just in the opposite direction. As far as global populations are concerned, and the imagining of tens of millions of “squeezed” jobs, it is this Sino-Indian pair that account for a huge share of the action. What this graph reveals is not China’s cheating, but India’s “greatest development failure”, at least this is the argument made Arvind Subramanian, this time in co-authorship with Devesh Kapur, in their major book, A Sixth of Humanity. Independent India’s Development Odyssey which appeared with Oxford University Press earlier this year. In this highly critical work on India’s development, China is repeatedly evoked, not to criticize but as a benchmark against which to illuminate what India’s political economy has not delivered i.e. large-scale formal employment for hundreds of millions of citizens. Kapur and Subramanian leave no doubt, if you want to understand why China, not India was the main driver of manufacturing globalization from the 1980s, don’t look to slots opening up in the division of labour thanks to the liberal mindedness of advanced economies, look to the contrasting political economy of the Maoist PRC and India’s post-independence political economy. As Kapur and Subramian note: The great divergence between China and India did not begin in 1978 with the Deng reforms—it was well underway by then. In one of the great ironies of modern history, the conditions created by Maoism turned out to be a great launching pad for industrial globalization. As the comparison of India and China in 1980 makes clear, to imagine manufacturing would be equally distributed when populations are so differently endowed in terms of educational and nutritional is fanciful. Here is the data from Kapur and Subramanian, data which I explored back at the very beginning of Chartbook. As Kapur and Subramanian insist, the striking fact is that even as India’s growth accelerated from the 1980s, structural change has not. Formal employment in India lags woefully behind. Why? As Kapur and Subramanian note, the path-dependent impact of India’s poor early start was devastating. The list of factors they mention is long and weighty: We argue for a new five-fold explanation applicable at different stages of Indian history: in the initial stages, the legacy of two key pre-1980s policies, the neglect of agriculture and the strangling of the domestic private sector, were critical. The failure of broad-based agricultural growth militated against rural industrialization, which would have been devoted to satisfying local needs that would have necessarily been labour intensive. Then, when the boom came after 1980, the thicket of regulation and broader labour protections that were legislated prematurely in a nascent democracy, underpinned by a deep ideological aversion to private capital in general and big capital specifically, became a barrier to attaining the size that would be necessary to compete globally. Similarly, the reforms after 1991, while wide-ranging, did not quite encompass non-tradeable inputs critical to manufacturing, namely, land, logistics infrastructure and power. A combination of low investment (logistics infrastructure), regulation (land) and the continued monopoly supply by state governments (power), combined with residual socialism, kept costs at 75–100 per cent above efficient supply. These factors were compounded on the supply side by the government, which dominated the formal labour market and established exorbitantly high wages at the lower end of the skill spectrum. This made their employment in the labour-intensive sector by the private sector less attractive. Finally, when the services sector and its exports boomed, wages soared even further via a Dutch Disease effect: one successful tradeable sector killed and cannibalized another less-skilled tradable sector, namely, manufacturing. Thus, scarcity-inducing policies of the planning era, precocious democracy and a Gandhian aversion to size; inefficient, monopolistic supply of critical non-tradable inputs; the behemoth of government; and super-successful skill-intensive services successively undermined India’s unskilled labour employment opportunities. The employment failure seems to have been over-determined. … Less quantifiable but no less important are some of the sociological factors that have undermined manufacturing and factory jobs. Take the impact of the success of the IT sector—located in urban areas with better working conditions, such as air-conditioned offices, good schools for children and attractive entertainment options. It became a more attractive place for engineering and management graduates to flock to. … Consider manufacturing and female employment. Indian society makes it difficult for women to work, reflected in India’s unusually low female labour force participation (elaborated in Chapter XIII). Indian society, in particular the routine harassment of women in public spaces, makes it even more difficult for them to travel long distances to take up work.37 Combined with onerous regulations on creating hostels and dormitories for women—which, in turn, prevents multiple shifts of operation—factories need to be located in areas with a large female labour pool. While firms can take apparel plants to female labour or bring them to the plants by building large-scale dormitories, this raises costs. If there was a case for subsidies to encourage labour-intensive manufacturing, housing subsidies to build dormitories for women workers would be a good place to start. All of this meant, that when opportunities did open up, in part thanks to adjustments in China, India was in no position to take advantage. Here is the account of the 2020s from Kapur and Subramanian. It stands in dizzying contrast to the one-sided, “China squeeze” argument delivered in the Peterson and Foreign Affairs pieces: In 2022, for example, India’s share of global exports in clothing (the canonical labour-intensive sector) was 3.1 per cent compared to 32 per cent for China. This is extremely disappointing because China started vacating export space in this sector after the Global Financial Crisis as its wages started rising; it then vacated further space in the aftermath of geopolitical developments that led investors to seek alternative investment locations. Between its peak and today, China lost about 7.5 percentage points of global export share (worth about $43 billion in 2022); over this period, India’s export share remained stagnant at 3 per cent, while that of Vietnam and Bangladesh rose by 3.5 to 4 percentage points. China’s loss did not translate into any gain for India in terms of low-skill exports and employment. Put differently, when the conditions for dynamism and prosperity were established after 1991, and even more tantalizingly when the global export opportunities opened up, it was as if India was a high-wage economy and only skilled labour could benefit from the dynamism. It had converted its physically abundant unskilled workforce into an economically expensive resource, penalizing its use. It is not my mission here to argue for or against Kapur and Subramanian’s interpretation of India’s development trajectory. The point in this context is simply that the “China squeeze” such as it is can only be understood, in relation to the heavy burden of domestic constraints that Kapur and Subramanian so unsparingly enumerate. I am concentrating here on India because it is the great counterpart to China and the unspoken reference point of the “China squeeze” discourse. But the point is more general. Can anyone with a straight face suggest that the main problems afflicting the development of South Africa or Nigeria, the great centers of mass underemployment in sub-saharan Africa, are cheap competition from China driven by Beijing’s industrial policy and an undervalued RMB? Likewise, is the main problem of the American working-class the threat of Chinese competition or the manifest crisis of social reproduction in the United States itself? The point here, as in the discourse around China shock 2.0 in Europe, is to insist that we should not normalize the world and pathologize China, without actually investigating what is going on in America’s industrial wastelands, the German car industry, or India’s lopsided labour market. One-sided pathologization should be understood for what it is, a polemical gesture. Concepts like China shock and China squeeze are, what Reinhart Koselleck, following Carl Schmitt, would have described as “asymmetrische Kampfbegriffe”, or “asymmetrical counter-concepts” or “asymmetrical combat concepts”. If the function of arguments like the “China squeeze” is to alert elites in the rest of the world of the need to rejuvenate and energize their development projects, so be it. But let us see the resulting discourses as the mobilizing interventions that they are. Interestingly, a significant slice of China’s public sphere - the so-called industrial party - have been obsessed for the last twenty years with precisely these questions of counterfactual economic history. Since the mid 2000s, a massive online discourse developed around an alternative history in which Chinese techno-patriots were asked to imagine how they would proceed if they had the possibility of traveling back in time to transport modern technology into the Ming dynasty (1368-1644) thus averting the “great divergence” of the 18th and 19th centuries. It is a fantasy of course, but also a goad. The point was not directed at Westerners. The alternate history is dramatically nationalist, but few n the West had even heard of it until recently. The adherents of the industrial party are not liberal moralists. They don’t project natural ladders of international development and ask why others don’t cede space. They take the Realpolitik of global economic development for granted. Their pointe was directed against fellow Chinese. The rallying cry of the alternative narrative was this: Now that we are beginning to gain steam and push forward on our national development path, now that we are breaking out of the inferior position assigned to us even in the early years following WTO accession, do not lose yourself in humanistic imaginings about better futures. In the spirit of Deng, they called on China to embrace the hard truth of development. Perhaps one might of the Industrial Party as a cultural trend born out of desire for symbolic revenge against those who had inflicted the century of humiliation. In terms of the various temporalities of the “China shock” - retrospective, prospective and counterfactual - one might think of the Industrial Policy discourse as truly speculative, conjuring up the China shock that never was. Or perhaps one might better think of it as imagining a world in which a powerful China was no shock at all, but simply a defining fact of modern history. I love putting out Chartbook. I am particularly pleased that it goes out for free to thousands of subscribers around the world. But, writing this newsletter takes a lot of work. If you are enjoying it and would like to support the project, sign up for one of the subscription options here. It is the equivalent of a fancy cup of coffee per month! Subscribe
'Iran War Participation Trophy' for Trump is on tour, joins Instagram
A 10-foot sculpture of a golden trophy made for President Trump by the anonymous arts activist group Secret Handshake is officially on tour, with an Instagram page and appearances in D.C., New York and Minneapolis.
Rep. Chuck Edwards withdraws reelection bid
"I will complete my current term," the U.S. House representative said Wednesday morning on social media.
Rep. Chuck Edwards withdraws reelection bid
"I will complete my current term," the U.S. House representative said Wednesday morning on social media.
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.