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Virginia: Rivers Casino wants to be the ‘entertainment capital of Hampton Roads’
It’s hard not to look. Digital screens on rows of slot machines, hundreds of them, are twice the size of iPads and three times as bright. Shapes, cowboys, lemon
Competing for the crown: Rivers Casino wants to be the ‘entertainment capital of Hampton Roads’
More than just gambling, Rivers Casino in Portsmouth has restaurants and live touring acts, and aims to be the No. 1 option for entertainment in Hampton Roads.
5 Small Business Ideas You Can Start for Less Than $1,000
These small business ideas require minimal startup capital but offer plenty of room to grow.
Honeywell Technologies completes first acquisition after spin-offs for $1.8B
The automation company bought a business based in a world capital.
Zohran Mamdani Knows He Has Political Capital. And He Intends to Spend It.
Lulu Garcia-Navarro sits down for an interview with the mayor of New York City.
LeBron James Conquers Fanatics Fest to Cement NY Sports Dominance
LeBron James and Tom Brady electrify Fanatics Fest, proving New York is the undisputed summer capital of sports and pop culture.
The Kansas Office of the State Bank Commissioner closed Small Business Bank in Lenexa on Friday
The Small Business Bank in Lenexa was closed Friday by the Kansas Office of the State Bank Commissioner after "ongoing operating losses resulted in the bank’s capital becoming critically undercapitalized under federal and state law."
Ranking Member Markey, Senator Hirono Reject Trump’s SBA Policy Proposal that Harms Underserved Small Business Owners and Entrepreneurs
Letter (PDF) (Washington, July 17) – Ranking Member Edward J. Markey (D-Mass.) and Senator Mazie Hirono (D-Hawaii) submitted a comment letter to the Small Business Administration (SBA) opposing a proposed rule change by Trump’s SBA to the 8(a) Business Development Program that would harm underserved small business owners and entrepreneurs. The 8(a) Business Development Program was created by Congress more than 50 years ago to level the playing field for small business owners and entrepreneurs who have faced discrimination in starting and operating their businesses. The SBA’s proposed change ignores the existence of historic discrimination that minority and underserved small businesses have faced and continue to face. In the letter, the lawmakers wrote, “SBA’s proposed rule ignores present-day barriers that entrepreneurs from minority and underserved communities face. Discrimination is not dead; minority entrepreneurs continue to face reduced access to contracting opportunities and capital, as well as racial threats and targeting, including unequal treatment, refusal by others to work with minority-owned firms, being called racial slurs, and bias in the workplace. These barriers lead to wide underutilization of, and less revenue for, minority-owned businesses compared to majority-owned businesses, as supported by decades of disparity studies. The proposed rule diminishes the history of systemic racial and ethnic discrimination in the United States by claiming that remedies for discrimination create discrimination in and of themselves.” The lawmakers continued, “The program has always been open to anyone who can prove they have experienced prejudice or cultural bias in education, employment, entrepreneurship, and other facets of our society. Nonetheless SBA has moved forward with the proposed rule. It lacks a reasoned basis, purporting that the federal government has discriminated against White Americans, but offering no substantive qualitative or quantitative data or research in support. If the examples provided in the proposed rule are the only basis for what constitutes discrimination to the agency, they are woefully insufficient. The final rule must provide strong evidence that there is discrimination against White individuals and show how the rule is narrowly tailored to address it. The record remains devoid of evidence of discrimination against White individuals on the basis of race.” Ranking Member Markey is fighting to protect federal programs that address historic discrimination against small business owners from minority and underserved communities, and for a small business agenda that ensures economic opportunity for all. In June, Ranking Member Markey released a statement condemning the SBA’s proposed changes to the 8(a) Business Development Program. Also in June, Ranking Markey released a new report highlighting Trump’s drastic reduction in federal contracting dollars awarded to American small businesses, including minority-owned small businesses. In February, Ranking Member Markey, alongside Senators Hirono and Cory Booker (D-NJ), and Representative Ayanna Pressley (MA-7), introduced the Strengthening Place-based Access, Resources, and Knowledge (SPARK) Act to spur entrepreneurship and increase access to capital and resources for underserved entrepreneurs nationwide. Ranking Member Markey previously held a field hearing in Roxbury, Massachusetts, to discuss how government and the private sector can come together to make entrepreneurship more accessible for underserved communities. Earlier in February, Ranking Member Markey secured funding with the Appropriations Committee for Small Business Development Centers, Women’s Business Centers, SCORE Chapters, and Veterans Business Outreach Centers and provisions to rein in the Administration’s attempts to eliminate programs that support women, veterans, and underserved entrepreneurs. In January, Ranking Member Markey sent a letter to the Consumer Financial Protection Bureau to oppose rule changes that would gut protections against discriminatory lending practices that harm small businesses. In December 2025, Ranking Member Markey sent a letter to SBA Administrator Kelly Loeffler expressing significant concerns with the SBA’s overly burdensome request and unclear guidance for extensive financial documentation over the holidays, as a part of their sweeping attempts to dismantle the 8(a) Business Development Program. In July and December 2025, Ranking Member Markey sent letters to the SBA Administrator demanding answers about the Trump administration’s efforts to limit economic opportunity for American entrepreneurs, including immigrants. In May 2025, Ranking Member Markey sent a letter to the SBA Administrator rejecting President Trump’s FY 2026 budget proposal and calling on SBA to immediately release funding for the entrepreneurial development programs, which include programs like the Women’s Business Centers and the Veteran’s Business Development Centers that support underserved small business owners. In April 2025, Ranking Member Markey introduced the New Start Act of 2025 to establish a five-year pilot program providing grants to support entrepreneurial development training for currently or formerly incarcerated individuals. In February 2025, Ranking Member Markey sent letters to the SBA Administrator and Government Accountability Office (GAO) condemning President Trump’s war on diversity, equity, inclusion, and accessibility (DEIA) policies and asking how the SBA intends to implement Trump’s anti-DEIA executive orders. ###
Socialist-backed Dem who ripped the wealthy cracks state’s top 1%, tax returns show
Abdul El-Sayed reported $262,000 in capital gains and owns two rental properties worth $750,000 while campaigning against wealthy landlords.
Iowa health insurers propose premium increases for ACA customers
Iowa health insurance companies are proposing another round of premium increases for Affordable Care Act customers in 2027.
Fifth Third reports rise in quarterly profit on higher interest income
Fifth Third Bancorp reported a rise in second-quarter profit on Friday, helped by higher net interest income and fee growth in capital markets and wealth management businesses.
Sports without politics is a fantasy and the World Cup proves it
From ancient Greece to Nazi Germany, sport and politics have long been intertwined. Nevertheless, we still imagine that international sport can be kept above the fray and serve as a neutral arena where nations compete on merit alone. In this article, diplomacy scholar Geoffrey Allen Pigman argues the 2026 FIFA World Cup shows this is a dangerous illusion. When international sport is left entirely to revenue-maximizing private bodies like FIFA, it doesn't escape politics, but rather surrenders to its worst expressions. With the 2028 Los Angeles Olympics fast approaching, the IOC must decide whether to learn that lesson or repeat the same mistakes. The largest and most lucrative FIFA World Cup ever draws toward its climactic conclusion amidst a swirl of controversy. Team members, staff, fans, and spectators have been denied their right to enter the United States to participate, and US President Donald Trump intervened with FIFA boss Gianni Infantino to overturn a referee’s call that Trump believed disadvantaged the US national team. It is a moment to step back and reflect on what the purposes of international sport mega-events like the World Cup, and international sport more broadly, are, and what they should be. Does international sport serve public purposes? Is there a public interest? Or is it primarily a private endeavor organized by commercial enterprises to entertain the global public (and generate profit in the process), which is occasionally used by governments and leaders for raisons d’etat? Central to the idea of sport is the principle of fair play, which in the international context demands that games be free from political interference. However, it is impossible to separate sport from politics, all claims to the contrary notwithstanding. The most positive political use of international sport through the millennia has been to facilitate diplomacy. The use of international sport for diplomatic objectives has existed since at least the time of the ancient Olympic Games, around which was instituted the custom of the Ekecheiria, or Olympic Truce, between participating states to facilitate fair competition and diplomatic achievements by ensuring that participants could travel safely to the Olympiad. In his seminal work On Diplomacy (1987), diplomacy scholar James Der Derian characterized the objectives of diplomacy as overcoming alienation and mediating estrangement between governments and between peoples. One increasingly important diplomatic tool in the technology-infused media environment over the past century has been public diplomacy, under which governments and non-state diplomatic actors (e.g. transnational corporations) communicate to global publics about their international policy objectives and to shape their global brand image. Political scientist Michał Kobierecki, in his important book Sports Diplomacy (2020), views sports diplomacy as falling broadly within the ambit of public diplomacy, as international sport intimately involves the participation of global publics as spectators and consumers of global media. Diplomacy scholar Stuart Murray and this author, in a 2013 article, distinguish between international sport used for diplomatic purposes and international sport-as-diplomacy, which encompasses the range of diplomacy that occurs as teams and competitors, spectators and fans, and government officials all converge for international sporting events like the Olympic Games and FIFA World Cup. Diplomacy scholar H.E. Chehabi, in a 2001 article on US-Iran sports diplomacy, describes the interaction between spectators and fans at international sporting events as “people-to-people diplomacy,” in which relationships develop independently of governments and their objectives. Diplomacy by the aforementioned definitions is often unsuccessful. Moreover, all too often the tools of diplomacy may be employed by governments and other actors to thwart or oppose the objectives of diplomacy as characterized by Der Derian. Governments routinely use the tools of public diplomacy to disseminate propaganda, spreading misinformation in the attempt to deceive global publics about their objectives and to create misleading impressions about their brand identity. Within sports diplomacy, the term “sportswashing” has been coined recently to describe how governments invest in and promote international sport to create positive global public impressions of their nations and, in doing so, to distract the global public from their deficient records in areas such as human rights and democratic governance. Murray, in his 2018 book Sports Diplomacy: Origins, Theory and Practice, introduces the concept of sports anti-diplomacy, wherein governments intentionally use international sport to advance aggressive and nationalistic objectives. Obvious historical examples include Hitler’s use of the 1936 Berlin Olympics to glorify his Third Reich and the 1969 El Salvador-Honduras football “war.” SUGGESTED READING The beautiful game made ugly By Emily Ryall FIFA argues that it is and seeks to be apolitical in its stewardship of international Association Football (soccer). FIFA policies governing bids to host the World Cup require uninhibited and non-discriminatory access for players, team staff, and spectators of all participating countries to host nations and venues. It became clear soon after Trump returned to power in the United States in January 2025 that Trump’s political intentions and objectives to limit non-US citizens from living and working in the United States and, in numerous cases, even visiting the country, would collide with FIFA’s host nation policies. Beginning soon after the start of the second Trump administration, US federal authorities imposed restrictions on entry to the United States of citizens of between 20 and 40 countries for any purpose, with only limited exceptions. Federal Immigration and Customs Enforcement (ICE) began arresting non-US citizens in the United States, including persons with and without legal status, holding them in jails, concentration camps, and other detention facilities until they were deported to their home or third countries, where they faced substantive risks to their personal safety. FIFA boss Gianni Infantino, in an effort to ensure the most successful and lucrative World Cup in history, engaged diplomatically with President Trump in an attempt to facilitate entry to the US for World Cup participants. Infantino did all in his power to ingratiate himself with Trump, to the extent of creating a FIFA “Peace Prize,” which he awarded to Trump in December 2025 at a ceremony in the then Trump-controlled John F. Kennedy Center for the Performing Arts in Washington, DC, on the occasion of the World Cup draw. The prize was an ersatz consolation for someone who aspired in vain to win the rather more prestigious and well-known Nobel Peace Prize. And in the run-up to the World Cup, conditions became worse. In February 2026, Trump and Israeli Prime Minister Benjamin Netanyahu launched a war of aggression against Iran, illegal under international law, under the false pretence that Iran’s government was preparing to attack the United States and Israel. During the US aerial bombardment of Iran, US planes bombed Azadi Stadium, the facility where Iran’s national football team trained. As the 2026 FIFA World Cup began, it was clear that Infantino’s efforts had been for naught: the Trump administration would not adhere to FIFA policies governing access to World Cup host nations. World Cup referee Omar Artan, a citizen of Somalia, was denied a US visa to enter the United States to participate in the World Cup. Trump’s government only granted US visas to Iran’s football team ten days before they were scheduled to arrive for the tournament. Numerous members of the support staff for Iran’s team were denied US visas. Iran’s team, which had been scheduled to train in Arizona, was directed to shift its training site to Tijuana, Mexico, notwithstanding that all three of their group stage matches took place at US venues. The US Department of Homeland Security only permitted the Iranian team to enter the US on the day before each scheduled match and then to return to Mexico immediately after playing. Members of Iraq’s and Switzerland’s football teams were delayed for hours by US officials at the US border, and an Iraqi team photographer was refused entry. Spectators and fans from Haïti and Iran were denied entry to the United States altogether. A large number of fans from a range of countries had their applications for US visas rejected. There were multiple off-ramps through which participants could have avoided the negative consequences of Trump’s decisions for the 2026 World Cup. Once it was clear that the Trump government intended to violate the established expectations for World Cup hosts, FIFA could have shifted the matches scheduled to take place in the United States to Mexico and Canada. The three nations were already designated as co-hosts, and host cities and venues had been selected. Once it was clear that FIFA, governed by FIFA boss Gianni Infantino’s dependent and dysfunctional relationship with Trump, would never consider this option on its own, it fell to the national football federations to act. The national federations, particularly some combination of federations of the leading contenders (France, Spain, Brazil, Argentina, Morocco, England, Germany, etc.), could have refused to participate under the US-imposed conditions or, at the least, demanded an ironclad agreement with the Trump government that FIFA policies on access would be respected. ___ International sport is inextricably entangled with diplomacy of different sorts, for good or ill, it cannot be considered to be in the purely private realm and left to revenue-maximizing private actors. ___ Why did neither FIFA nor the national football federations act to protect the interests of players, team staff, referees, fans, and spectators? In essence, the relentless engines of capitalism prevailed over norm observance, ethics, and fair play. The revenue interests of FIFA, sponsors, global media, and host cities won out. FIFA’s managers viewed hosting another World Cup principally in the United States as a veritable pot of gold for FIFA and its collaborators. FIFA has estimated its own revenue over the 2023-26 budget cycle, which includes the 2026 World Cup, at $13 billion, revised up from an initial projection of $11 billion, and 72% higher than the previous revenue cycle. Of that total, FIFA is estimated to have generated $8.9 billion from the Cup itself in revenue from TV rights ($3.92 billion), sponsorships ($2.69 billion), ticket sales ($3.1 billion), licensing rights, and other sources. A joint study by FIFA and the World Trade Organization estimates that the World Cup will contribute over $40 billion to global GDP, including nearly $14 billion in direct visitor spending in the three host countries (but principally in the United States, which hosted the lion’s share of the matches). The FIFA World Cup is now reportedly “the single most lucrative recurring commercial property in global sport.” And yet, notwithstanding the Trump government’s uses of the World Cup for sports anti-diplomacy, and the climate of anxiety that this created for participants and spectators, diplomacy that did not depend upon governments was able to thrive at the World Cup. Examples of successful people-to-people diplomacy were legion, as citizens of towns and cities across the States, as well as in Mexico and Canada, welcomed team members, their families and supporters, to training sites across North America. Fans of different teams joined together in person in stadiums for matches, at watch parties and bars, and at welcome events sponsored by host cities. The joy and camaraderie shared between the citizenry of Boston and Scotland’s “Tartan Army” of fans is but one example of how the “Beautiful Game” brings people together. Friendships forged across continents are likely to endure well beyond the Cup final. Even those achievements cannot be seen as unalloyed, however. As South African football fan Byron Pillay commented to Al Jazeera, “Football is called the Beautiful Game for a reason, for its ability to unite people. But it’s hard to believe in that magic with the politics and war rhetoric off the field of play, especially when one of the tournament hosts is central to that.” Ultimately, the experience of the 2026 FIFA World Cup illustrates that, as international sport is inextricably entangled with diplomacy of different sorts, for good or ill, it cannot be considered to be in the purely private realm and left to revenue-maximizing private actors. As long as there is the possibility of diplomatic progress in mediating estrangement between governments or between peoples, there is a broad and overarching public interest in international sport. Likewise, as it would be difficult to put on an international sport mega-event without international sporting organizations like FIFA and the International Olympic Committee (IOC), global media firms, and companies purchasing sponsorships, public and private interests in international sport must coexist, most likely somewhere on a shifting spectrum between partnership and rivalry or cross purposes. As the World Cup wraps up, the IOC needs to consider its lessons before the scheduled 2028 Los Angeles Olympics if they want to avoid a media-hyped Trump version of the 1936 Berlin Olympiad. The IOC and the National Olympic Committees need to set conditions on and make demands of Trump’s government with clearly articulated consequences for non-compliance, up to and including cancellation of the Games. Time is running out for the IOC, as unlike with the FIFA World Cup, there is no at-the-ready alternate venue for Los Angeles.
Air Quality Health Advisory continues: Tracking conditions and who’s at risk
On Thursday poor air quality continued across parts of the Capital Region as smoke from the Canadian wildfires continues to linger. The skies did look a bit clearer on Thursday than they did Wednes…
Large funding rounds help boost digital health investment in H1
Venture capital funding deals worth $100 million or more made up nearly half of all money invested so far this year, according to Rock Health.
‘Escaping Beijing’: Why some young Chinese are quitting the capital
A slowing economy and rising prices are making it harder for young Chinese to thrive in the city.
CNBC rated Ohio 'Top State for Business.' Here's what that means — and what it doesn't.
Ohio Republicans are touting a CNBC business rating, but one of its authors says it doesn't mean that life is great for average Ohioans.
Springfield June business openings, closings
Multiple new businesses opened in June around the capital city, while some others closed their doors for the final time.
Capital One (COF) Unveils Up To $500 In Spark Business Travel Credits
Capital One Financial (NYSE:COF) has introduced new travel credits for Spark Cash Plus and Spark Cash business cardholders. The credits are designed to be used on Capital One Business Travel bookings, adding a new benefit for business customers. This move links card rewards more directly to Capital One's business travel platform and could influence how companies manage travel spend. Capital One Financial, trading at around $208.89 per share, is adding this travel credit feature at a time...
AI slop movies are the new direct-to-video cash grabs
An AI startup is trying to capitalize on the hype for Nolan’s The Odyssey.
Indonesia's New Capital Is Changing the Borneo Rainforest Forever. Science is Listening to the Change
Indonesia is building a new capital city in the heart of Borneo to replace sinking Jakarta. As construction transforms one of the world's most biodiverse rainforests, scientists and their indigenous collaborators are racing to record the sounds of the forest—and preserve generations of ecological knowledge before it's lost.
Taxes, paid leave program on minds of N. Va. business leaders after General Assembly session
Optimism among Northern Virginia business leaders is improving, although some expressed worries about taxes and the state's approval of a paid family and medical leave program. That's according to the second-quarter 2026 Business Leader Survey released last week by the Northern Virginia Chamber of Commerce and public relations firm Pinkston, revealing the sentiments of the
Texas Capital upgrades AMC Entertainment stock rating on debt progress
Texas Capital upgrades AMC Entertainment stock rating on debt progress
Daniel Ek’s Neko Health Raises $700 Million From Billionaires, Celebs
Neko Health, Daniel Ek’s startup developing body-scanning technology, has raised $700 million from venture capitalists, billionaires and celebrities to open new facilities, including one in New York later this year.
Capitals sign 2026 1st-rounder to entry-level contract
Washington's top pick from this year's draft is already locked up, even before he steps foot in the NHL.
Heastie hopeful Hochul will sign data center bill despite executive order
“We’re going to continue to look at getting a bill signed into law,” Assembly Speaker Carl Heastie said at an unrelated event in the Capital Region Tuesday.
How Trash Rangers went from local startup to regional player
When Jake Poche launched Trash Rangers in 2018, the idea was simple: reliable service from a company that would actually show up when it said it would. Today, that same promise has carried the business from a residential garbage service in Ascension Parish into a regional waste provider that stretches across the Capital Region — […]
Sen. Ted Budd discusses Iran, Helene recovery funds and Graham
Capital Tonight guest host Reuben Jones had the opportunity to speak with North Carolina Republican Sen. Ted Budd as both the House and Senate get ready to tackle some big issues.
Prosperity Partners gets new private equity ownership to fuel expansion
CEO Jeremy Dubow says the Chicago accounting firm is ready to take “big swings” on M&A with the majority investment from New York-based Lightyear Capital.
GOVERNOR MEYER LAUNCHES DELAWARE COMMERCIAL CORRIDOR INITIATIVE TO SUPPORT SMALL BUSINESSES
Governor Matt Meyer joined Delaware Division of Small Business Director CJ Bell to launch the Delaware Commercial Corridor Initiative (DCCI), a new statewide program designed to help small businesses improve their storefronts, buildings and operations while revitalizing Delaware's downtown and commercial districts. The initiative pairs targeted grant funding with capital from lending institutions to drive visible improvements. Through DCCI, the Division of Small Business will invest $4.5 million in state Strategic Fund dollars to help existing brick-and-mortar small businesses make property and equipment improvements that strengthen their businesses and improve the appearance of commercial corridors.
Flex Raises $70 Million To Put Business Banking On Stablecoin Rails
Invisible stablecoin rails are making cross-border banking faster for business owners. Flex has raised a $70 million Series B1 to capitalize on the shift.
Vaccine skeptic Dr. Ryan Cole to stay on board of Idaho’s largest public health district
Dr. Ryan Cole, an Idaho pathologist who has been a vocal critic of COVID vaccines, is staying on the Central District Health board.
Courts won’t settle the fight over AI and creative work: Politics will
“We’re going to live in a world where all of the capital and power concentrates into the hands of five or six companies. That’s not a free society. That’s
TRADE: Sabres Swing Deal With The Capitals
Alvin George Discusses Entrepreneurial Funding Strategies on The Burns Equation Podcast
La Jolla, CALIFORNIA, July 13, 2026 (GLOBE NEWSWIRE) -- Alvin George, Founder & Managing Director of Dominion Capital Alliance (www.Dominion...
Luka Dončić Pushed for Lakers’ Move to Acquire Walker Kessler
The superstar point guard prioritized Kessler’s elite rim protection, leading Los Angeles to sacrifice massive future draft capital and $130 million to secure his ideal pick-and-roll partner.
Moses was the ‘first capitalist’ and Cain the ‘first socialist.’ Thus saith this LDS influencer from the past
Conservative LDS writer Cleon Skousen has been dead for 20 years. But his approach to the Bible and politics remains very much alive in the church and the nation.
As Trump Brands Them ‘Godless Communists,’ Democrats Divided on How to Respond
Some Democrats are making clear they believe in capitalism, as they fear Trump's attacks are working
New report finds health of Snake River has improved, recommends further intervention
Idaho Conservation League study found the concentration of phosphorus, historically the river’s main pollutant, has declined substantially.
Danville Field Notes: BWXT employees earn data science certifications through Danville workforce development program
Plus: A local relief center plans for capital improvements, Pittsylvania pushes against an effort to minimize tree removal at anticipated micro-resort, and a music series begins in Danville’s River…
Grace abandoned: Ohio’s journey to politicians stealing power from voters in elections
Ohio’s mail-in ballot grace period began as an effort to help all Ohioans vote and avoid embarrassing catastrophes like 2004, but axing it has become a tool for disenfranchising Democrats and concentrating power in the hands of Republicans.
When regulation is good for business
By now, I think I have established both my view that I am a fan of ESG investing and the benefits of regulating what is and isn’t a sustainable investment, and my view that in Europe, ESG regulation has gone too far and become too costly. It almost feels like the old Aristotelian maxim of doing things in moderation that leads to the best outcomes is valid in regulatory efforts as well. To give you an example, let’s look at a study by the National Bank of Belgium on the impact of the EU’s Sustainable Finance Disclosure Regulation (SFDR) on fund flows of conventional and ESG funds. The SFDR was announced on 27 November 2019 and came into effect on 10 March 2021. It was implemented in several stages and split funds marketed in the EU into three broad categories: (i) Art. 6 funds that are basically conventional funds without any specific ESG integration, (ii) Art. 8 funds that ‘promote environmental or social characteristics’, which must provide additional reporting how they do that, and (iii) Art. 9 funds that are impact funds. The gaps between the announcement and the phased implementation give us an idea of how fund flows were affected by the regulation. It is clearly visible in the figure below that once the new regulation was announced and when it was initially implemented, fund flows in Art. 8 and Art. 9 funds increased significantly. Conventional Art. 6 funds also saw more inflows, but the increase was not statistically significant. I should add that the data below is pure fund flow, cleaned of performance effects and of any reclassified funds that moved from one classification to another. Note also that once the initial rush in ESG funds was over, additional, stricter regulatory requirements didn’t create that many new flows. This implies that with additional regulation, the funds incurred higher costs to comply but didn’t benefit in terms of new inflows and higher assets under management. Fund flows as the SFDR regulation was implemented in the EU Source: Emiris et al. (2026) When examining the drivers of these flows, the authors of the study found that institutional investors were more likely to switch to ESG funds and particularly so in countries where concerns about sustainability are culturally more accepted. In a society where buy-in into environmental and social risks is higher, private investors were shifting more of their assets into ESG funds as the regulation made it clear which funds are really green and which ones are not. And institutional investors in these countries did so as well, given the societal pressures and reputational risks of sticking with conventional funds. Meanwhile, fund managers reacted to the changing regulatory environment as well. Many funds that were mildly green before the regulation was announced became greener and more sustainable as the regulation was introduced to attract new assets and new investors. Cleverly, and unsurprisingly, these ESG funds also charge on average higher fees, which means that not only did fund managers gather fresh assets, but their profitability increased as well.
LSSU receives historic $30 million state investment to transform science center
SAULT STE. MARIE, Mich. – Lake Superior State University has received a $30 million capital outlay appropriation in the State of Michigan’s Fiscal Year 2027 budget to support the renovation and expansion of LSSU’s Center for Applied Science and Engineering Technology (CASET). The appropriation marks the largest capital outlay investment in LSSU history and a […]
McConnell says he was hospitalized last month after a fall
Republican Sen. Mitch McConnell of Kentucky on Sunday announced, after weeks of speculation, why he had been hospitalized and away from Capital Hill.
Plan Crowd-Free European Travel to This Popular Layover Hub
Consider this less crowded alternative to Berlin and Munich for travel to Germany for apple wine, fine dining, a hip new hotel, and the world’s capital of design this year. Frankfurt is drawing more locals and becoming a destination for food and culture.
Ryan Friedkin returns to the capital
Ryan Friedkin is ready to steal the show. Roma’s vice president is sending a signal: after about two months, he’s expected at Trigoria tomorrow to unravel all the remaining tangled knots. The Gial...
Joe Klein: At 80, Here’s What I’ve Learned About Politics—and Life
I am 80 years old, this year of our 250th anniversary, and I find myself a cliché. My life has been a common political journey, from left to center. I recently took the Pew Research Center’s “political typology” test and found that I was a “pragmatic and polite conservative,” which seemed a rather abstruse basket: A politically mixed (though Republican-tilting) group, they lean conservative on economics and the role of government, while tilting more liberal on issues related to race and foreign policy. They prize civility and cooperation in politics. Well, that sounds pretty mushy—and I find it hard to square with the strong opinions I have on many issues. I’ve voted for Democrats in federal elections, but I grow more Republican the closer I get to local politics. Democrats, I’ve found, simply aren’t very good at running things, especially school systems, where they are in the thrall of the teachers unions. My friends joke about my obsession with the unions. They know all my lines. If industrial unions are organized against the power of capital, who are the public employees organized against? But enough of that. I’ve ranted that rant too often, and my political journey has been more complicated than that one issue. It has been empirical, based on actual experience—on a lifetime of reporting and a lot of reading. An early example: I was a journalist with the underground press in Boston at the turn of the 1970s and considered myself a member of the antiwar and civil rights movements. The first big issue I covered was busing to achieve school integration. Yes, the white bigots were disgusting. But I couldn’t find any black parents who favored the plan to bus their children to schools outside their neighborhoods either. Black activists and politicians—and white liberals—were gung ho, but not actual parents of black kids in school. Busing was a form of social engineering imposed from on high, by a judge—W. Arthur Garrity—who lived in a wealthy liberal suburb. Wealthy liberal suburbs were not affected by his plan, of course. I began to see that there were limits to what government could do, especially when it came to changing a society’s culture.
Apollo inks €3B equity deal for stake in Bayer's contraceptives business
Amid restructuring efforts, Bayer has addressed its need for a capital infusion in pharma under a deal
Need help? Idaho state health agency, nonprofits, churches collaborate to create resource network
State officials and nonprofits are partnering to help Idahoans find services they need through the state's 211 hotline or FindHelpIdaho.org.
Bayer Secures 3.0 Billion Euros to Improve Capital Structure
Apollo to invest equity capital into an entity holding Bayer’s long-acting reversible contraceptives business Bayer to retain majority stake in and…...
WATCH LIVE: National Capital Planning Commission considers Trump's triumphal arch plan
Small Business Administration offers low-interest loans for wind, drought damage
Residents affected by the storms in Idaho County and Shoshone County are eligible for fixed-rate, low-interest loans from the SBA.
Indiana librarians to get mental health training
Mental Health America of Indiana will to train librarians in how to respond to mental health crises and direct patrons to resources due to influx of Hoosiers in crisis seeking help from library staff.
Ohio children unable to access mental healthcare because of insurance, costs, and lack of providers
Costs, provider availability, and health insurance limitations were the top reasons Ohio children were not able to access mental healthcare, according to a recent study.
Gibraltar Business Capital Welcomes Fine as SVP, Account Executive
Michael Fine joined Gibraltar Business Capital’s credit team in July 2026 as senior vice president – account executive, bringing more than 30 years of banking
NAVER D2SF Invests in 23i, a Virtual Entertainment Startup
NAVER D2SF, the corporate venture capital arm of NAVER, has made a new investment in 23i (CEO, Hyungmin Kim), a virtual entertainment startup. As the global virtual entertainment market continues to grow rapidly, particularly in Korea and Japan, NAVER D2SF decided to invest in the team based on its ability to create expanded entertainment IP through strong content production capabilities and an in-house technology pipeline designed to maximize the strengths of virtual artists.
Justin Ishbia’s Shore Capital buys employee benefits firm in healthcare push
Chicago-based Shore Capital has raised more than $2 billion for healthcare investments since 2024.
Vendelux just raised $50 million to capitalize on live B2B events
Marketers want to get back to in-person gatherings, and Vendelux, a live events information platform, just raised $50 million to capitalize.
Partnership leads to healthier moms and babies, building stronger families
In six rural counties across Indiana, Indiana University Health nurses works with families to navigate maternal and infant health
Spiro capitalizing on higher EV demand in Africa
Explaining The Comcast and NBCUniversal Divorce
(Welcome to the “Most Important Story of the Week”, my bi-weekly strategy column analyzing the most important (but often not buzziest) news story of the last two weeks. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. Please subscribe.) I hope everyone had a happy Fourth of July in America, celebrating the country’s 250th birthday. Frankly, I am bummed the 250th wasn’t a bigger celebration, but that’s a different topic for a different Substack. While it was generally a quiet week on the entertainment/streaming/media business fronts, we still had some interesting news stories. Actually, that kinda undersells one of the stories, a huge, huge, huge divestment that could upend the entertainment landscape... So let’s get right to it. In today’s column, I’ll cover Comcast spinning off the rest of NBCUniversal, an entertainment company investing in an LLM company and an LLM-owner investing in a movie studio, the latest round of threats of digital tariffs, and more. Let’s dive in. Subscribe Most Important Story of the Week - Most: Comcast/NBCU Breakup!!!! If I had to describe my reaction to Comcast spinning out NBCUniversal, it feels like a relationship ending, either breaking up or divorcing. Comcast’s decision to spin off the rest of NBCUniversal, after spinning off some of its cable assets into Versant last year, really does feel like a family breaking up under “irreconcilable differences”. Of my stereotypes of the entertainment moguls, my go-to for Comcast CEO Brian Roberts—heir to the Comcast fortune, but a man who’s been at the helm for 24 years now, and president for twelve years before that—is that he likes building empires. He cut his teeth acquiring cable rivals in the 1990s and tried to buy Disney repeatedly, then settled for NBCUniversal after a long court battle. (Contrast this with Rupert Murdoch, a man who also loved to buy, but would also sell when the price is right. Murdoch made Fox out of nothing, but then sold 20th Century Fox to Disney, arguably at the top of the market. So I understood why he sold.) But I don’t understand Roberts’ motivation to sell now. I have some explanations but no single, super-satisfying explanation. Strategically, it would just make more sense to have kept NBCUniversal in-house, especially for a one-time empire builder like Comcast. Yet one powerful force—arguably the decider in modern capitalism—likely overwhelmed all other considerations. At first, I thought I’d arrange my thoughts as a “Five Why” analysis, digging through each layer of the puzzle. But instead, I found myself asking, “But…why?” (And I only ended up with four sections.) So let’s look at Comcast from that angle. Then, at the end, I’ll give my biggest strategic recommendation for every company in Hollywood. It’s obvious, but sometimes, the obvious strategy is the most ignored. But…Why? The Stock Market, Conglomerations, and Sum of the Parts Analysis We’re just getting started with this issue, but the rest is for paid subscribers of the Entertainment Strategy Guy, so if you’d like to find out… Why Comcast could never get a “tech company” valuation The not-so-secret motivation for Comcast What Versant has to do with all of this The key strategic advice I think every entertainment exec should follow (though it’s really obvious) Some big AI investment news… Whether we’ll see digital tariffs… And more… ...please subscribe! We can only keep doing this great work with your support.
4 beaches placed under health advisories in Anne Arundel County
The beaches, spread across the county, have high bacteria levels and are closed for swimming until further notice.
WATCH LIVE: Tyler Robinson's preliminary hearing, day 2
The second day of Tyler Robinson's preliminary hearing on his charge of capital murder in the death of Charlie Kirk begins Tuesday morning.
Make the Business Case for Your Sustainability Initiative
Sustainability proposals often stall not because they lack merit, but because they are framed in a language that does not match how senior leaders allocate capital. While CSOs tend to emphasize impact, materiality, and disclosure, CFOs and CEOs need to understand cash flow, risk, and return. External reporting frameworks are useful for accountability, but they are poorly suited to internal investment decisions, which require project-level comparisons rather than aggregated enterprise metrics. Sustainability investments should therefore be evaluated like any other investment: by showing how they reduce current costs, avoid future costs, generate new revenue, or protect existing revenue. Strong cases begin with a clear business story that links the proposed action to a specific business impact and cash-flow outcome, then quantify what can credibly be quantified while treating harder-to-measure benefits as either upside or an explicit strategic bet.
IDHW director: Rural health grant may be ‘economic opportunity’ for small communities
Idaho's state health agency wants industry professionals to be ready for infrastructure projects paid for with federal rural health grants.
Advantage Business Capital Welcomes New Senior Vice President
Advantage Business Capital welcomed Todd Waldrip to its growing team. With over 30 years of experience in the industry, Waldrip will be focused on asset-based
Capital Region influencers support Muslim-owned businesses in light of hate
LATHAM, N.Y. (NEWS10) — In light of recent online hate, local community members have been banding together, using their platforms to support one another following the death of seven-year-old …
What's Going on With AMC Entertainment Stock Monday?
AMC Entertainment stock falls to $1.77 on Monday. Get the latest analysis on AMC's capital raise and chart trends.
Small Business Administration to help USDA sort 'lawfare' reports
John Rich says he’ll publicize cases of farmers being ‘shoved around’ The Small Business Administration agreed to help the USDA investigate complaints from farmers and ranchers who allege being victimized […]
Comcast's Sky Acquires ITV Media and Entertainment For $2 Billion
Comcast’s European satellite TV operator Sky July 6 announced it has agreed to acquire ITV Media & Entertainment from ITV plc for a total consideration of up to £1.6 billion ($2 billion) in cash, debt and net working capital. In addition to £1.2 billion in cash and up to £0.2 billion in performance-related earn-out, the … Continue reading "Comcast’s Sky Acquires ITV Media and Entertainment For $2 Billion"
Do data centers impact our physical health? Studies are few and far between.
There research into physical health impacts related to data centers is still in its early stages, but seems comparable to other industries.
Ohio University receives first award from Rural Health Transformation Fund
Ohio University will receive the first funding from the federal Rural Health Transformation Program, according to Ohio Gov. Mike DeWine’s office.
Mubadala Opens $25 Billion Credit Business to Outside Investors
Abu Dhabi’s Mubadala Investment Co. is opening up one of its largest investment businesses to outside investors for the first time, betting on its ability to attract institutional capital as demand for alternative lending rises.
Why AI Doesn’t Think, Cannot Reason, Isn’t Intelligent and Will Never Achieve Consciousness
Recent public comments made about AI suggest that Americans have difficulty with the implications of linear time. This is odd given that its conception is largely Western and is centered on the clock time used to coordinate capitalist employment. The conceptual difficulty regards sequencing, or plans for future actions. But it also involves the distribution of profits. 100% of the capital equipment used in Western economic production was produced by workers. So, why does the resulting product belong to financiers rather than those who produced it?
NASA and Small Business Administration partner on funding key space technologies
NASA is partnering with the U.S. Small Business Administration on an effort to attract capital to invest in companies producing critical space components.
DC experiences ‘Code Red’ air quality after massive fireworks display
Residents of Washington, DC, on Sunday briefly experienced the worst air quality of any major city in the world, according to a company that ranks pollution globally, as the capital reckoned with the aftermath of a massive, 40-minute Fourth of July fireworks show.
How Splash helps Sacramento-area students explore science, nature beyond class
Splash, a nonprofit organization founded in 1999, works with capital region schools to teach kids about science in a hands-on way.
Which US state is ‘America's food poisoning capital’ — and how the other 49 rank for risk
SoFi (SOFI) Launches AI Investing And Small Business Loans In Product Push
SoFi Technologies (NasdaqGS:SOFI) has launched Composer by SoFi, an AI-powered investing platform designed to help members build and automate customized investment strategies. The company has also introduced SoFi Small Business Loans, a digital-first lending product aimed at giving entrepreneurs faster access to capital with no fees. These product rollouts expand SoFi's presence in AI-driven investing tools and small business lending within its broader financial services platform. SoFi...
America’s entrepreneurial boom begins long before venture capital
Latino-owned businesses added 180,000 net new firms between 2017 and 2023 while white-owned firms declined — and the talent pipeline behind that growth runs through Minority-Serving Institutions now facing funding uncertainty.
Fireworks, heat, hot dogs and politics: America celebrates its 250th birthday
President Donald Trump plans to speak on the National Mall before what is being billed as a historically enormous fireworks show that will rain down over the nation's capital.
Celebrations for America’s 250th begin amid heat and political division
Despite sweltering heat, heavy security and brewing protests, thousands were expected to descend on the nation’s capital for the historic anniversary.
Ohio Chamber touts state business ranking, seeks end to capital gains tax
COLUMBUS — The Buckeye State’s business ranking has improved significantly over the past several years, according to the latest version of the Ohio Chamber ...
Liverpool can capitalise on £100m Tottenham mistake
Liverpool are now just a couple of weeks away from the start of their pre-season. A lot of change has already occurred at Anfield with Andoni Iraola and Victor Munoz both being brought in.This is obvi...
Penguins Sign Ex-Capitals RFA Forward To Two-Year Contract
Oppressive Heat Alters Plans for 250th Celebrations in Washington
The 100-degree-plus heat that has enveloped the nation’s capital shut down the Great American State Fair until 5 p.m. on Friday.
The business of America: Dallas taught the nation to think bigger
The city's embrace of entrepreneurship, growth and risk-taking powered the rise of Sun Belt capitalism.
Clarksdale Native Ben Frazer
Young entrepreneur at the helm of Stovall Capital and Chinook Fire Protection It’s a long way from Clarksdale to Anchorage, Alaska, but Ben Frazer is moving forward with his business career there. That’s where he is the CEO of Chinook Fire Protection, which was acquired by his SEC-registered company, Stovall Capital. He is still […]
Guilt by Accumulation
The recent news of entrepreneur Elon Music becoming the first trillionaire in world history should have been an occasion met with not only the astonishment it merited, but also the admiration it deserved. Unsurprisingly, it was met with neither. Just the far opposite. Instead, the jealous fangs of the anti-capitalists were bared which, in and […]
Anderson strikes tentative deal to sell forage business
Sale would allow company to pay ‘virtually’ all its creditors Anderson Hay has struck a tentative deal with an unnamed “strategic partner” to buy most of its forage business as […]
Legacy Business Spotlight: Baton Rouge Clinic
— ESTABLISHED 1946— The Baton Rouge Clinic, AMC has been delivering patient-centered care to the Capital Region for 80 years. Founded by four local physicians, the clinic has grown from a single practice into a network of 18 locations serving nearly 400,000 patients across Louisiana, while remaining true to the physician-led model thathas defined it […]
32 dogs seized from Iowa breeder who allegedly blocked inspections of her business
Law enforcement officials have seized 32 dogs from an Iowa breeder facing civil charges related to inspections of her facility in Farmington.
Oregon’s top public health official resigns
Oregon’s top public health official is stepping down from her role after two and a half years. Dr. Sejal Hathi, who joined the Oregon Health Authority in January 2024, will leave Aug. 1 to focus on family and personal priorities, the governor’s office announced Thursday. Hathi, who earns $265,488 per year, joined the Oregon Health […]
Feds pull Iowa's 'healthy food' SNAP waiver
A federal waiver allowing Iowa to restrict the types of food that can be purchased with SNAP has been vacated.
Alex Ovechkin signs 1-year deal to return to Capitals for 22nd NHL season
The NHL's all-time leading goal scorer is not hanging up his skates just yet.
Alex Ovechkin makes his retirement decision with Capitals announcement
Ovechkin retiring? Not so fast.
Freestone Grove's energy head Michael Pope leaves the firm
Michael Pope closed his firm, Wellfield Capital, before joining Freestone Grove to focus on energy trades. The fund will now focus on other sectors.
What Makes Live Nation Entertainment (LYV) a Good Investment Bet?
TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Strategy fell 7.72% (net) in the quarter compared to -6.35% for the Russell Midcap Growth Index. In the first quarter, markets navigated geopolitical tensions and economic resilience alongside […]
Gulf capital meets European infrastructure
CEO says his fund is investing in Netflix, sees ‘risky business’ in chips
Infrastructure Capital Management CEO Jay Hatfield says Netflix is showing good growth despite being ‘double hammered’ on ‘The Claman Countdown.’