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Ategrity Specialty’s underwriting gains offset by investment losses
Excess and surplus lines insurer Ategrity Specialty reported lower third-quarter profits Wednesday despite improved underwriting results.
Sen. Banks among politicians receiving ‘potentially hazardous’ letters under investigation by FBI
Indiana Senator Jim Banks (R) reportedly received suspicious mail as federal authorities investigate a string of such instances involving politicians nationwide.
Baidu (BIDU) Expands Its AI Business, but the Core Revenue Recovery Remains Uncertain
Baidu, Inc. (NASDAQ:BIDU) is expanding autonomous driving and AI services while its traditional business stays under pressure. That raises a hard valuation question: can the new activities grow fast enough, and profitably enough, to replace what the established business is losing? At roughly 19 times forward earnings, investors pay for that transition to work. They […]
Crowell & Moring Adds Veteran DOJ Health Care Litigator Jeff McSorley in Washington, D.C.
Jeff McSorley, a first-chair trial lawyer with 20 years of litigation experience including a decade as senior trial counsel in the DOJ Civil Division's Fraud Section, has joined Crowell & Moring's Health Care Group in Washington, D.C. He led more than 70 FCA investigations at DOJ, securing more than $500 million in recoveries for the United States.
Why the political ambition gap between men and women persists even at the local level
Women are less ambitious for local office than men, mirroring an ambition gap that exists at the state and federal level, too. A group of scholars documented this gap and investigated why it exists.
If Netflix Can’t Shine in Show Business, Who Can?
The streamer was once the prime example of modern entertainment. Now it’s being squeezed by Big Tech and user-generated content. What stock investors need to know.
Canada wants to expand its LNG business. Critics raise red flags
As Canada’s LNG exports grow, critics raise concerns over human rights abuses linked to major corporate investors.
Op-ed: Making sense—and dollars—of resilience
Investments in resilience can strengthen our neighborhoods while creating durable career pathways for the next generation of New Yorkers.
BioWare Becomes First Major Casualty Of Saudi Arabia's EA Takeover
When news came out that Saudi Arabia’s Public Investment Fund had taken a majority stake in Electronic Arts last September, it was clear to anyone familiar with Saudi Arabia, EA, private equity, or capitalism that the move would make an already terrible gaming company even worse. I wrote as much at the time, and though…
The Timashev Technology Towers will bring business to Ohio State
Ohio State broke ground on the Timashev Technology Tower on Tuesday, marking a new phase for students’ education and investment opportunities for the university. The eight-story and 103,000-square-foot building will bring students, research, startups, large companies and a center for software innovation all together, said University President Ravi Bellamkonda. “The building being set in the […]
Investors are piling into retail real estate. This Wheaton deal shows why.
Local real estate investment firm Core Acquisitions flipped the Rice Lake Square shopping center for $52.8 million just two and a half years after buying it.
Kroger's 3,000 Corporate Job Cuts Made the News, But the Real Test Is What It Does With the Savings
Cutting costs strengthens a business when the savings are reinvested in better operations, happier customers, and long-term value creation.
LIVE: Heavy police presence at Academy Sports + Outdoors in Humble as crime scene investigated
Humble police are investigating a crime scene at an Academy Sports and Outdoors on Wednesday, according to the Police Department.
Why big insurers are investing in shared provider data
Health insurance partnerships and ventures aim to clean up messy provider directories.
MSG Sports is splitting the Knicks and Rangers into two stocks, and history says spin-offs tend to beat IPOs
As the Knicks raise their first championship banner in 53 years, MSG Sports is spinning off the Rangers, giving investors a chance to own one team, both or neither.
New York congressional candidate Brad Lander says he was detained by IDF in the West Bank
Lander, the former New York City comptroller, wrote in a post on X that he was detained by the Israeli Defense Forces while harvesting olives with other volunteers.
Neat goes national: KU business alum takes his sweat-hiding T-shirt to ‘Shark Tank’ Nov. 4
It’s a neat pitch: shirts for men who sweat and would rather not show it: the job interview, the first date, the big presentation. Patented technology is built into the fabric so professionals look composed when it counts, Jim Huffman said, describing the product he’s sharing with TV’s highest-profile investors.
Police: Robbery, homicide investigation underway at business along Dixie Highway
Officers are investigating after a man was found dead inside a business along Dixie Highway, according to Fairfield police.
WKYC Channel 3
WKYC (Cleveland) is your source for breaking news, Northeast Ohio weather, traffic, and live coverage in Cleveland and across the region. Get the latest updates from the WKYC team — from major local headlines and investigations to severe weather, community stories, and the moments everyone’s talking about. Watch live newscasts, stream breaking coverage, and catch up on the top stories shaping Cleveland, Akron, Canton, and surrounding communities. Subscribe for: • Cleveland breaking news + live updates • Northeast Ohio weather forecasts and severe weather alerts • Investigations and accountability reporting • Community stories across the region • Major events, sports, and local explainers WKYC — Cleveland news and weather, live and on demand. 🔗 More: https://www.wkyc.com/
Elon Musk invests about $1B in Skydance, CNBC reports
Elon Musk has made a roughly $1 billion investment in Skydance, CNBC reported on Thursday, citing a person familiar with the matter.
Friedman: Dodgers Offseason “Business As Usual”
The Dodgers are "business as usual" financially despite the investigations and questions about owner Mark Walter's financial situation.
SpaceX quarterly revenue jumps, beats estimates as AI business surges
Oct 20 (Reuters) - Elon Musk's SpaceX on Tuesday said its third-quarter revenue more than doubled, beating estimates as AI and Starlink grew, while capital spending nearly tripled as it invested in compute infrastructure, sending its shares up about 3%...
Private equity and the transparency tempest in health care
Why U.S. health care needs more sources of investment, not more restrictions on private equity.
As flag football becomes official sport in Oregon, Salem-Keizer coaches, players hopeful about future
The decision is particularly meaningful for some Salem-Keizer Public Schools teams that have been invested since the sport began gaining popularity in 2023.
Should You Invest in the Vanguard Health Care Index Fund ETF Shares (VHT)?
Sector ETF report for VHT
NFLPA calls for NFL to conduct full investigation into medical care provided to Jalen Hurts
Marco Rubio and President Mirziyoyev Highlight U.S.–Uzbekistan Economic Cooperation at Business and Investment Council
To publish news and commentary - without fear or favor - in the finest tradition of independent journalism
Hackensack Meridian Health moves to add New Jersey hospital
Hackensack has reached a definitive agreement to acquire Hunterdon Health and has pledged to invest $230 million in upgrades.
A $50 sports bet costs a young investor hundreds later. Here's how
Studies show gambling is eating away at people's savings and investing funds, especially among younger generations.
Earlville Opera House plans paranormal investigations, Halloween concert
Earlville Opera House will host paranormal investigations Oct. 23-24 and a Grateful Dead tribute concert Oct. 30. Find ticket and registration details.
Seneca begins $8.9M sports lounge project at Niagara casino
The Seneca Nation’s gaming enterprise, Seneca Resorts & Casinos, has begun construction on an $8.9 million Seneca Sports Lounge at its Niagara location, adding another major project to a growing list of capital investments across its properties. The venue is being built on the west concourse near the Bear’s Den Showroom, in the former Blues […]
Billionaires turned life insurers into cash machines. Now comes the reckoning.
A lucrative Wall Street strategy has funneled billions from life insurers into their owners' other ventures. Now tougher rules and questions about investment risks are putting the model to the test.
Trump to rally in North Carolina, even as GOP pulls its money
Michael Whatley, the state’s Republican Senate candidate, owes his nomination to Trump; the president continues to invest time, if not cash, on his behalf.
3 Subspecialties Gaining Investor and Operator Traction
This is an exclusive BHB+ article. Outpatient mental health services have been the investor darling for nearly a decade. And I don’t see that trend
Husband-and-wife investors renovate Indian Village home with families in mind
April and James Mulroy aimed to create a high-end product that retained the home’s historical character and one that was particularly appealing to families.
BioNexus KC celebrates ‘regional backbone’ connecting science, talent, tech and momentum
The scale of opportunities within Kansas City’s bio health industry would’ve been challenging to imagine even just five years ago, said Dennis Ridenour, touting a streak of groundbreakings, collaborations, game-changing announcements, and major investments — all rallying together the right people and institutions.
Editorial: Chicago needs more jobs. Brandon Johnson wants to tax them.
Mayor Brandon Johnson's revived corporate head tax would make hiring more expensive when Chicago needs jobs, investment and serious spending reform.
Integris Health to join Kaiser Permanente's Risant Health
Kaiser Permanente’s Risant Health has tapped Oklahoma’s largest nonprofit provider as the next to join its growing cadre of regional health systems. | Pending approvals, Oklahoma's largest nonprofit health system will follow in the footsteps of Geisinger Health and Cone Health in seeking outside investment and tech-enabled value-based care know-how from the Kaiser subsidiary.
Southern Ill. man arrested in check fraud case involving Paducah business
A multi-agency theft investigation in western Kentucky led to a southern Illinois man’s arrest.
Nvidia Aims To Speed Deployment Of AI Factories
Nvidia introduced a design for an AI data center packed into a box about the size of a standard shipping container. Nvidia stock rose.
Drought conditions spur early harvest for most Arkansas crops
Hot and dry weather has caused drought like conditions throughout the state and it has aided harvest efforts. The state’s top crop at more than 3 million acres, soybeans, is...
SpaceX and Tesla have high election stakes as Elon Musk pours $366 million into campaigns
Musk’s biggest political bet is on the Senate, where control could shape future investigations, federal spending and regulations affecting SpaceX and Tesla.
Travis Kelce explains why Cleveland is a baseball town
Travis Kelce explains why he considers Cleveland a baseball town, reflecting on his childhood memories and his investment in the Guardians.
New lab to become centre for investigating uplands
The research facility in Penrith will also help train the next generation of environmental scientists.
Georgia business owner, Florida attorney charged in $2-million Ponzi schemes, prosecutors say
Investigators say the metro Atlanta business owner and former prosecutor living in Florida stole around $2 million from investors between 2018 and 2022.
SpaceX's AI business is beating expectations
SpaceX's data centers and Grok agents have been more profitable than investors expected in second quarter of the year, as the company leaves its roots as
Why health systems, payers back a PACE-like program for kids
Some health systems are investing in pediatric day centers in a bid to keep medically complex children out of the hospital and lower costs.
Sphere Entertainment jumps as investors appear to bet on a short-covering rebound
Sphere Entertainment Co. (SPHR) is up 9.4% today. Here is some analysis on what might have caused this price movement.Analysis: There does not appear to be a single fresh company announcement driving Tuesday’s move, so the rally looks most likely tied to short covering and bargain hunting after a steep pullback earlier this month. Investors may also be revisiting Sphere’s underlying growth story, including strong performance from its Las Vegas ve
Abbott Plans to Separate Nutrition Business Into Publicly Traded Company by End of 2027
Abbott Laboratories (NYSE:ABT) has announced plans to spin off its Nutrition division into a separate publicly traded company, with the transaction expected to be completed by the end of 2027, subject to regulatory and corporate approvals. The proposed separation would create an independent business focused on nutritional products while allowing Abbott to concentrate on its medical devices, diagnostics and established pharmaceuticals operations.
New York invests $32.5M for health care workforce training
The five-year awards run Oct. 1, 2026, through Sept. 30, 2031, and aim to help develop a stronger health care workforce.
CoreWeave's business model explained: Why investors are worried
In the Loop Host Ejaaz Ahamadeen breaks down exactly how CoreWeave's (CRWV) business model works, the financial challenges facing the AI infrastructure company, and why concerns about its ability to manage debt are growing. Ahamadeen examines an estimate suggesting CoreWeave faces a 55% probability of default over the next five years, and what that could mean for the company.
'The New Stanford Prison Experiment' review: A project reimagined for TV
Netflix's new reality series is a mix of the 1971 social experiment that investigated power dynamics, 'Big Brother' and 'Wonka's Golden Ticket.'
New Richland Lab Could Transform How Scientists Study Microbes and Boost Regional Jobs
The BriefGroundbreaking held Tuesday: PNNL officially began construction on the M2PC lab, a 30,800-square-foot facility funded by the U.S. Department of Energy's Office of Science that will study soil microbes to improve crop productivity and develop new biotechnology applications. The facility will be open to researchers from around the nation and the world.Research timelines could shrink dramatically: The facility's automation and AI capabilities could reduce experiments that currently take six months to just 72 hours, allowing scientists to explore more possibilities faster than ever before.New jobs coming to the Tri-Cities: The project is expected to create positions for automation engineers, AI experts, roboticists, technicians, and skilled craftspeople, with the facility opening in 2029.RICHLAND, Wash. — Pacific Northwest National Laboratory broke ground Tuesday on a first-of-its-kind facility that could accelerate scientific discoveries about the microscopic organisms living in soil—organisms that may hold the key to growing more food and developing new energy technologies.The Microbial Molecular Phenotyping Capability, or M2PC, represents a significant investment in automation and artificial intelligence to speed up research that traditionally takes years to complete. The 30,800-square-foot facility will house more than 100 connected automated instruments designed to study microbes at a pace and scale never before possible.Reshaping Agriculture's FutureThe M2PC facility will not put a new tool directly into a farmer's hands tomorrow morning, but it is actively reshaping the commercial pipeline to solve agriculture's biggest headache with biologicals: inconsistent field performance. For years, PNNL researchers have explored how microbes work and how they might help produce useful materials, advance energy technologies, and address challenges involving critical materials and minerals. But those experiments have been limited by what researchers could accomplish by hand."They can be used to provide nutrients to a plant so that the plant would grow more. So, like increasing your crop productivity, for example," said Douglas Mans, PNNL's Associate Laboratory Director for Integrated Discovery Sciences.PNNL's own research shows soil microbes can help plants access nutrients and withstand drought—benefits that could prove crucial as farmers face growing environmental pressures. The M2PC facility will allow scientists to identify and optimize useful microbes faster than ever before, accelerating the development of biological solutions that actually work consistently in the field.What Makes M2PC UniqueThe Microbial Molecular Phenotyping Capability differs from traditional research labs because it operates as a first-of-its-kind, AI-enabled autonomous laboratory designed to shrink experimental timelines from years down to months or weeks. The M2PC lab will connect more than 100 automated instruments to grow microbes, prepare samples, measure their behavior, and link observations to the molecular processes behind them. Artificial intelligence will help analyze results and guide the next experiments, allowing scientists to explore more questions faster.Deb Gracio, PNNL Director, emphasized the transformative potential during Tuesday's groundbreaking ceremony: "Research that has taken years will become possible in months and hopefully in weeks."That acceleration is already being demonstrated. PNNL's smaller automated lab, called the Anaerobic Microbial Phenotyping Platform or AMP2, completed three experimental cycles in just 72 hours—a process that normally would have taken about six months."That normally would have taken us about six months … and we were able to do that in 72 hours," Mans said.The AMP2 laboratory is not being closed or replaced. Instead, the current 1,800-square-foot laboratory serves as an active prototype and precursor for the much larger M2PC facility. AMP2 will continue operating as a separate lab designed to run anaerobic experiments—those conducted in the absence of oxygen—while M2PC will focus on aerobic research.Broader Applications Beyond AgricultureWhile improving crop productivity is one important application, the M2PC facility is designed to support research into multiple areas critical to national priorities. The lab will advance research into biofuels, manufacturing materials, and energy technologies. It will also help researchers understand how microbes respond to environmental changes and how to design biological systems for biotechnology applications.As a flagship component of the Department of Energy's Genesis Mission, M2PC represents a significant investment in using artificial intelligence and automation to accelerate U.S. scientific discovery. Dorothy Koch, Associate Director of the DOE Office of Science Biological and Environmental Research program, highlighted the facility's importance during the groundbreaking."M2PC will accelerate biological discovery and design," Koch said, noting that the facility is expected to conduct a minimum of 500 strain experiments per week, 100 microbiome experiments per week, and take a million measurements per month.Economic Opportunity for the RegionBeyond the scientific breakthroughs, the M2PC project represents significant economic opportunity for the Tri-Cities region. The facility will require hiring automation engineers, AI experts, technicians skilled in operating robotics, and specialized craftspeople to build and maintain the sophisticated equipment."We're anticipating that type of hiring," Mans said when asked about job creation.PNNL has already begun recruiting talent nationally and internationally for positions related to the smaller AMP2 lab, bringing automation engineers from cities like Boston and San Francisco to work in the region. The M2PC facility is expected to accelerate that trend."This capability won't really exist anywhere else in the world," Mans said, suggesting the facility could become a draw for scientific talent seeking to work on cutting-edge biotechnology research.Timeline and Next StepsThe M2PC facility is expected to open in 2029. Between now and then, construction crews will level and prepare the ground, while the building takes shape. Simultaneously, Ginkgo Bio Works, the automation contractor, will build the facility's automation components off-site so they can be installed as the building is completed.In the interim, PNNL researchers and the broader scientific community will begin planning the first experiments to be conducted in the facility, ensuring research is lined up and ready to begin as soon as the doors open.The groundbreaking ceremony included representatives from the Department of Energy, PNNL leadership, and elected officials at the federal, state, and local levels, underscoring the project's significance to the region and the nation's biotechnology future. News The U.S. Department of Energy Secretary tours Pacific Northwest National Laboratory Dan Hanson, Apple Valley News Now News Beyond DNA: Scientists Explore New Frontiers in Biology Research Dan Hanson, Apple Valley News Now News TRIDEC optimistic that Hanford, PNNL will see funding in national budget Robert Desaulniers News Big picture science: monitoring the Yakima River Basin News PNNL research could shape the future of fighting fentanyl COPYRIGHT 2026 BY APPLE VALLEY NEWS NOW. ALL RIGHTS RESERVED. THIS MATERIAL MAY NOT BE PUBLISHED, BROADCAST, REWRITTEN OR REDISTRIBUTED.
Apogem Capital Leads Minority Investment in Family Care Center
Revelstoke-backed Family Care Center announced it closed a minority equity sale led by Apogem Capital and additional investors. The provider said the new
Apogem Capital Leads Minority Investment in Family Care Center
Revelstoke-backed Family Care Center announced it closed a minority equity sale led by Apogem Capital and additional investors. The provider said the new
Judge blocks DHS investigations of noncitizen voting, citing flawed data
The judge put her order on hold until 5 p.m. Friday, giving the Trump administration time to appeal.
DHS watchdog refers its Corey Lewandowski investigation to Justice Department for review
Lewandowski, the first manager on Trump’s 2016 presidential campaign, was a top aide to then-Homeland Security Secretary Kristi Noem before she was fired.
Shingles vax: A cash cow? | Investors Lab
Nobody had to twist my arm to convince me to get the shingles vaccine. A few scary anecdotes about the horrors of contracting herpes zoster (pain, unsightliness and potentially permanent nerve damage, for starters) were good enough reasons for me. Turns out the two little jabs I received a few years back may offer big returns: unexpected multiyear protection for the ticker. Science News’s Meghan Rosen delivers the good news.
Lawsuit accuses Trump of illegally profiting from UAE crypto investments
The lawsuit claims the investments violate the Constitution’s foreign emoluments clause
Elevance Health Shares Rise as Third-Quarter Earnings Beat Estimates and 2026 Guidance Increases
Elevance Health Inc. (NYSE:ELV) shares advanced 1.
Cattle futures higher ahead of direct cash business
At the Chicago Mercantile Exchange, live and feeder cattle were higher, optimistic about the week’s direct business and looking ahead to Friday’s On Feed report from the USDA. December live cattle closed $2.15 higher at $230.17 and February live cattle closed $2.17 higher at $233.10. November feeder cattle closed $2.37 higher at $346.30 and January […]
Duke Endowment makes big investment in NC Children’s hospital
By Anne Blythe Key Takeaways: On a heavily wooded tract near the intersection of U.S. 1 and N.C. 540 — a 220-acre spot in southern Apex so void of infrastructure it shows up only as GPS coordinates on a map, the Duke Endowment announced a transformative $100 million grant Tuesday morning. The investment will help […]
Merck Animal Health SVP: to promote human health, invest in protecting animals
While humans invest billions each year to protect ourselves from disease, less than 1% of global health spending goes toward animal health.
30 residents of Massachusetts assisted living facility hospitalized in weeks after woman's death, health director says
Hopkinton's health director says 30 residents of Golden Pond Assisted Living Facility have been transported to the hospital in recent weeks as an investigation is ongoing at the facility.
NFLPA calls for investigation into Eagles’ handling of Jalen Hurts’ health
The players union isn’t happy with the NFL’s defense of the Eagles regarding Jalen Hurts.
Sports Investing Is for Millionaires Now, not Billionaires
Plus, oil’s up and everything else is down.
National Business Capital Expands to West Coast, Appoints Veteran Investment Banker Eric D. Coonrod to Lead Institutional Partnerships
New California office marks a major milestone in National Business Capital’s continued expansion and investment in
Commission announces plan for polar hub to step up research coordination
The European Commission plans to develop an EU polar research hub to strengthen coordination and improve the alignment between science and policy. The objective, according to a Commission official, is to “better connect research, observation and scientific infrastructure, improve access to research resources and strengthen coordination with stakeholders, including Indigenous people.”Announced in a new EU Arctic strategy on October 20, there is little detail yet on how the hub will be implemented, only that it will “reinforce and expand” the European Polar Coordination Office (EPCO), which is hosted and managed by the European Polar Board (EPB) at Umeå University in Sweden. EPCO was born from the EU-PolarNet projects funded through Horizon 2020 and currently coordinates the EU Polar Cluster, a network of EU-funded collaborative polar projects.While the practical details remain to be defined, the decision sends “a clear and positive signal,” said Maria Grigoratou, head of EPCO and executive secretary of EPB. “By reinforcing EPCO, the Commission has an opportunity to build on the legacy of EU-PolarNet 2, strengthen European polar research coordination and expand cooperation with a broader range of Arctic stakeholders,” she told Science|Business.The move has been welcomed by the polar research community. “The polar research hub could play an important role in connecting existing research communities, observation systems and infrastructure, and in bringing scientific knowledge closer to policymaking, in cooperation with local communities and Indigenous people,” said Katrine Moland Hansen, director of operations at Norway’s Nansen Environmental and Remote Sensing Center.But money will be an issue. “It is clear that EPCO will need more resources and structure to function well and to make research reach policymakers,” said Kati Lindström, vice-chair of the Polar Research Committee of the Estonian Academy of Sciences. “European polar research is big if we pool the resources, and it should not only be left to enthusiastic scientists to develop networks of strategic importance in their free time.”The Arctic strategy makes a point of saying that local communities should have a greater involvement in Arctic science. “All EU Arctic research consortia are mandated to invite Indigenous people representatives to participate in projects,” it reads. “The EU also supports research that is directly led by Indigenous communities and address their challenges.”It also underlines the importance of reinforcing collaboration with like-minded partners such as Norway, Iceland, Canada, the UK, Japan and South Korea, as well as deepening its engagement with NATO. This includes the US, with which “the EU is committed to continuing a pragmatic transatlantic engagement based on shared interests and values.”Related articlesViewpoint: Does Europe dare to invest in the Arctic?Anchor Greenlanders in Arctic climate research, experts tell EU ahead of policy updateFor Moland Hansen, this open and inclusive approach to cooperation is encouraging. “The Arctic is also a strong example of why equal participation of associated countries in EU funding instruments matters.”Overall, she finds the new Arctic strategy to be ambitious, timely and comprehensive. “We particularly welcome the recognition that climate change, environmental protection, security, resilience and competitiveness are closely interconnected,” she said. “Research, observations and forecasting capabilities are essential to understanding the rapid changes taking place in the Arctic and addressing these challenges together.”Security focusWhile the Arctic strategy foregrounds security, with pledges to protect undersea cables, boost satellite monitoring, deploy more icebreakers and improve military mobility, the polar community is satisfied that environmental concerns have not been forgotten.“It is inevitable that there is a strong security angle to the EU Arctic strategy, but the impact of climate change and need for climate mitigation and resilience is also strongly recognised and includes a pledge to stay the course on climate commitments,” said Sian Prior, lead advisor to the Clean Arctic Alliance, a coalition of campaigning non-profit organisations.“We need to remember that by the time the next Multiannual Financial Framework comes to an end, in 2034, the polar regions, especially the Arctic region, will be living under a new reality when it comes to ecosystem processes, when it comes to the climate,” Grigoratou went on. “And that will affect any ambition that humans may have in the region.”Lindström agreed. “All aspects of European security are dependent on climate change in the Arctic and consequently, on climate science,” she said. “We cannot close our eyes to issues like energy security, critical minerals, northern shipping routes, dual-use technologies and others. However, it remains to be seen how well the promises to protect the environment and Indigenous rights will hold when faced with critical mineral extraction under the Critical Minerals Act.”
Introspection required if EU Inc fails, says start-up lobbyist
European start-ups have a new voice in Brussels. Startups for Europe, created from the merger of lobby groups Allied for Startups and the European Startup Network, is hoping to harness the momentum behind EU-Inc, a campaign that united start-ups and investors behind demands for a new pan-European company regime.At a launch event for the new association in Brussels on October 1, the mood was remarkably upbeat compared to a typical Eurobubble gathering, more Silicon Valley than Schuman roundabout.When asked whether this reflects a feeling that Europe is on the right track, chief executive Serena Borbotti-Frison said it’s a “scary” moment as the continent looks to boost its competitiveness amid a new technological arms race.“What is at stake is quite intense, and the way we can answer is by delivering, but also with hope,” she told Science|Business. “It’s what our industry does. It’s not about identifying a pain point and then saying it’s too hard.”For many in the start-up community, that sense of hope is dwindling. In March, the European Commission presented its proposal for EU Inc, naming its initiative after the grassroots campaign.EU Inc was meant to be a gamechanger: the ability to incorporate within 48 hours for less than €100 and scale up across Europe; a harmonised stock option regime enabling start-ups to compete for talent; and simplified insolvency procedures for innovative start-ups to reduce the cost of failure.However, haggling by EU governments has raised concerns that EU Inc will be stripped of the very features, including stock option harmonisation, that are meant to make it attractive for companies.“I fear we are proving to ourselves that the model doesn’t work,” Borbotti-Frison said of the policymaking process. “Everyone agrees we should have EU Inc. Everyone agrees it’s hard to scale and we need to scale to answer the competitiveness [challenge], and still we cannot deliver? [. . .] What does that say about ourselves?”The Commission has made EU Inc a cornerstone of its single market reform, and has agreed with the European Parliament and the Council of the EU to target an agreement by the end of 2026. However, several points are currently holding up an agreement, including national rules around employee participation in management decisions, and the provision that employee stock options always be taxed at the point of sale. Some EU governments have reportedly pushed back on the Commission’s choice of legal basis, contending that anything related to taxation requires unanimity in the Council.Trade unions have also protested against EU Inc, fearing it will be exploited by companies looking to undermine workers’ rights.“If this doesn’t work, it’s introspection time, on the way our institutions work, maybe the way our lobbies work, and maybe the way the cooperation between them works,” Borbotti-Frison said.“Is it in the national interest? Is it a gap between political will and technical ability to operate? Is it speed? I don't know, but something needs to be fixed.”Ahead of last week’s European Council meeting, EU-Inc campaigners tried a new strategy: appealing directly to EU presidents and prime ministers. In an open letter, they urged EU leaders to “step in and give your negotiating teams a clear mandate to change course and reverse their objections to the Commission’s original proposal.”Lessons from EU-IncLike its predecessors, Startups for Europe will represent national start-up associations, but it is also targeting investors. The founding sponsors are venture capital firm Atomico and EQT, the investor selected earlier this year to manage the €5 billion Scaleup Europe Fund.It also wants to harness the knowledge and cross-border experience of European success stories. “Take the list of the 100 biggest unicorns in Europe. We are speaking to all of them,” Borbotti-Frison said. The association plans to publish a full list of supporters following the Slush tech conference in Helsinki in November.Andreas Klinger and Simon Schaefer, two key figures in the EU-Inc campaign, are both on the board of the new association, and Startups for Europe wants to take the lessons from their campaign.What was unprecedented about EU-Inc was “how rooted it was, and how strong it was in bringing everyone on board behind one clear pain point and solution to fix it,” Borbotti-Frison said. “This is an inspiration for us, and then we need to turn it into something more systematic, more bridged in Brussels, more connected to the policymaking game, and to scale it.”If it’s possible to unite such a broad coalition, it’s because the European start-up ecosystem is now mature, she said. “Maybe it was not ten years ago. Maybe it was not five years ago. But now, it’s mature to speak with one voice.”Open and liberal EuropeThe association plans to campaign on files related to three “pain points,” Borbotti-Frison said: “start and scale in Europe, fundraise and invest in Europe, and making Europe the most innovative continent.”As well as EU Inc, she cited public procurement, the EU’s simplification push, the Savings and Investments Union, and files related to AI adoption and technological sovereignty as priorities for the coming months.What these files have in common is that they relate not to subsidies but to the framework conditions influencing the availability of mostly private, or in the case of procurement, public, funding.Related articlesEmployee participation disagreement delays MEPs’ vote on EU IncCommission urges EU governments not to water down EU IncEU’s ‘ultra-fast’ €5B scale-up fund is set up to win, says its fund managerThe budget dispute over the next Horizon Europe programme will also impact start-ups, which are supported notably through the European Innovation Council. But EU innovation funding is a drop in the ocean compared to venture capital and public procurement budgets.“If competitiveness and innovation are a priority, then the [EU budget] should reflect it,” Borbotti-Frison said. However, she added that the main question is not how much public money is invested, but “how do we create the right conditions for the market to solve the problem?”The Scaleup Europe Fund mixes both approaches, using €1 billion in EU funding to crowd in private investors and address Europe’s lack of large-scale, late-stage growth funds. “It’s a proof of concept. Ideally, then the market will do it itself,” Borbotti-Frison said.Startups for Europe is also focused on bringing an alternative political narrative. Amid competing visions for open, global markets on the one side and a protectionist Europe on the other, it wants to offer “a third voice, to say we can be proudly European and build a strong continent in a liberal economy, open to the world, and global.”It can be tempting, when thinking about how Europe can better support innovation, to look across the Atlantic. But while it’s important to compare statistics to see where Europe needs to catch up, that’s where the comparison should stop, Borbotti-Frison said. “On everything else, we need to do it our own way. We don't have the same history. We don't have the same political model. We don't have the same way of life.”Many of the key files that could benefit the start-up community, including EU Inc and the Savings and Investments Union, rely on closer integration within Europe, making it easier to operate across borders.While the Commission has made deepening the single market a political priority, support at national level is more precarious. The coming months will see pivotal elections in Spain and France, while the German government has also been coming under pressure domestically. In each country, far-right parties have been gaining ground.When asked if she was concerned the political situation could jeopardise this progress, Borbotti-Frison responded: “Of course. I would be lying if I said I wasn’t.” However, she continues to believe that cooperation is the only way forward. “Doing it alone is not the solution. It’s also not who we are, it’s not the model we are building, and it’s not the scale we need.”
Writing the AI regulation rule book | Investors Lab
A mix of specialized AI security startups and established compliance leaders are stepping up
Cruz Foam had a promising idea. Why couldn’t it make its sustainable packaging business work?
Cruz Foam's biodegradable packing material made from shrimp shells and food waste attracted wide attention and big-name investors, but the Santa Cruz-based company has closed up shop after what one former exec says were struggles to solve the full range of problems its customers needed packaging to address.
How Investors May Respond To PENN Entertainment (PENN) Massachusetts Slot Debate
PENN Entertainment has opposed proposed legislation in Massachusetts that would permit historical horse racing devices that function like slot machines. The company argues these terminals could shift up to US$216 million in annual gaming revenue and affect an estimated 1,074 casino jobs across the state. The company has recently reported earnings that exceeded consensus estimates, with an average surprise of 72.86% over the last two quarters. This highlights an operating profile where...
Lawsuit accuses Trump of illegally profiting from UAE crypto investments
The lawsuit claims the investments violate the Constitution’s foreign emoluments clause
Thinning hair? 6 hair growth ingredients actually backed by science
Here's what to look for before you invest in hair care.
Hot Ticket: Beer, boos and ABBA take over Galveston this weekend
Oompah, Galveston!: Break out the lederhosen, grab a stein and get ready for a weekend of German food, music and dancing as the 44th Annual Island Oktoberfest returns to historic
Anthropic adds former Harvard science dean to oversight body
Anthropic adds former Harvard science dean to oversight body
Genenta Science receives Nasdaq minimum bid price deficiency notice
Content provided by Seeking Alpha is intended for information purposes only, and that Seeking Alpha does not offer any personalist investment advice and is not a licensed securities dealer, broker, US investment adviser or investment bank.
Brad Lander detained by IDF in the West Bank during olive harvest
The congressional candidate previously said he was traveling to the West Bank in solidarity with Palestinian farmers.
How Small Pharmacy Expansion Will Impact CVS Health (CVS) Investors
CVS Health has been rolling out smaller pharmacy focused stores, expanding MinuteClinic sites and raising its 2026 revenue and earnings outlook, alongside new efforts in benefit transparency and women’s midlife health research. The push into underserved neighborhoods with compact pharmacies and clinics points to a tighter focus on access, operating efficiency and aligning physical sites with where prescription demand actually shows up. This article examines how CVS Health’s investment...
New Report Highlights How Private Credit Powers Businesses Across America
Dunham: "Private credit direct lending plays a critical role in our economy, supporting countless small and midsized businesses across the U.S."
Feds claim 17,000 other potential noncitizen voters in California
Filings in the Justice Department's lawsuit accusing California officials of facilitating election fraud reveal new details about the underlying investigations.
DOJ, state launch separate health care fraud crackdowns, arresting over 100 people across California
Federal authorities arrested 15 people, including a doctor, in Los Angeles, while California officials announced the arrests of 103 people statewide in separate health care fraud investigations.
Why do we yawn? Discover your brain’s rinse cycle!
Investigate how a big yawn may help flush waste from your brain, and explore ways your body’s systems work together to keep you healthy.
Glendale business shooting leaves 1 injured, suspect in custody
Glendale Police are investigating a shooting near 43rd Avenue and Bethany Home Road at a business that left one person seriously injured. The shooting prompted a major police response outside a Fry's grocery store.
Excessive Litigation Undermines Small Business Growth, Innovation and Opportunity - Small Business & Entrepreneurship Council
By Karen Kerrigan – America’s small businesses are remarkably resilient. They continue to navigate rising costs, economic challenges, robust competition, rapidly changing markets and workforce gaps while continuing to invest, innovate, and serve their customers. SBE Council’s latest Small Business Outlook Survey (October 2026) revealed that 81% of small business owners said their business is […]
Netflix slides as weak profit, ad outlook intensify investor anxiety
Oct 21 (Reuters) - Netflix shares dropped 6% in premarket trading on Wednesday after the company cut its full-year advertising forecast and issued a tepid fourth-quarter profit outlook, deepening
Follow the money or follow the flag? Politics clouds port investment
Washington’s expectations for US ownership of Panama’s next port tenders could do more damage than the financing costs
Brain fog and the FemTech market | Investors Lab
A slew of pharma heavyweights (Eli Lilly, Bayer, Pfizer, Merck, Viatris, Novo Nordisk, Roche and AbbVie) have a piece of the pie in estrogen replacement.
Feds allege $2 billion in California health care fraud, 15 charged
Federal authorities announced charges against 15 people, including six medical professionals, accusing them of health care fraud schemes worth $2 billion, including sham substance abuse treatment programs, unnecessary medical procedures and bogus hospice services.
Join VENU's Live Investor Webinar: Redefining Live Entertainment Through Premium Venues and a Capital-Efficient Growth Strategy
Learn how VENU is developing a nationwide portfolio of multi-seasonal, multi-configuration, omni-content premium amphitheaters in underserved, high-growth markets
Tracking tsunamis triggered by extreme weather
As much of Western Europe faced record-breaking temperatures and extended drought this summer, Croatia experienced another weather event that could also set a worrisome precedent.Over the course of two weeks, a series of meteorological tsunamis (meteotsunamis) struck Croatia’s Adriatic coast, alarming both residents and tourists. Social media posts showed flooded seaside promenades and people walking through knee-deep water. Fortunately, no deaths or major damage were reported.In a world where natural disasters seem to be increasing, meteotsunamis — tsunamis caused by rapid weather changes – rarely make headline news. But warming sea temperatures and changing atmospheric conditions may help explain why these phenomena could become more common, especially in shallower seas and inland lakes with wide coastal shelves.“We have definitely become more aware of them, and there have been a lot more reports of these events in the last 10 years,” says Jadranka Šepić, an associate professor of environmental physics at the University of Split whose research focuses on efforts to track meteotsunamis in real time. She is also one of Croatia’s ambassadors for Science Comes to Town (SCTT), a European Commission-funded programme aimed at making research more accessible to the public.Šepić sees two possible reasons for the apparent increase in meteotsunamis. One is that photos and videos shared on social media are providing more empirical evidence, while rising air and sea temperatures could also play a role. The geophysicist “cannot say with certainty” that warming is a contributing factor because research is still ongoing. “But I can say that previously in Croatia we might have had one exceptionally strong event every 10 or 15 years, and one strong event every five years, and within 15 days this summer we had five strong events,” Šepić notes. “This is not typical.”‘A fist against the sea surface’Unlike tsunamis that are triggered by underwater earthquakes or volcanoes, meteotsunamis are caused by sudden changes in atmospheric pressure combined with other rapidly developing weather events, such as thunderstorms. The effect “is like pushing a fist against the sea surface,” Šepić explains. The resulting oscillation intensifies as it reaches shallower water, and “can be far more destructive than a wind-driven wave because meteotsunamis are accompanied by very strong currents than can penetrate much deeper inland.” The meteotsunami, she continues, “then behaves the same as a tsunami — they slow down and grow as the sea shallows, and then grow further in places like harbours due to further shallowing and narrowing. When they come ashore, they can be very destructive — taking everything with them out to sea and then taking it back.”Croatian research institutions have tracked such sea oscillations since the 1930s because the relatively shallow Adriatic Sea is prone to meteotsunamis. The strongest recorded so far was in June 1978, according to the Adriatic Meteotsunami Catalogue, which is supported by the European Research Council (ERC), Croatian Science Foundation and the country’s leading research institutions. During that event, six-metre-high waves flooded the coastal town of Vela Luka on Korčula Island, causing major damage.Other meteotsunami “hotspots” in Europe include the Mediterranean Sea as well the Atlantic coastal shelves off France, Portugal and Spain. In June 2006, a meteotsunami with five-metre-high waves swept through the harbour of Ciutadella in Spain’s Balearic Islands, causing widespread damage to boats. Several less powerful events were reported in the Balearics and off the coast of Spain this summer, leading to some beach closures.Forecasting is challenging because of how quickly meteotsunamis can develop and their uncertain trajectory. Šepić is involved in two ERC-funded research projects — SHExtreme and MeD-Track — aimed in part at strengthening monitoring and real-time data collection. Access to accurate and immediate information is essential for early-warning systems.Early exposure to meteotsunamisŠepić first learned about meteotsunamis from her parents while growing up in Croatia. She later had the opportunity to investigate these events during her master and doctoral studies in geophysics at the University of Zagreb. The geophysicist has also conducted research at the Institute of Oceanography and Fisheries in Split, the University of the Balearic Islands in Palma de Mallorca and the Institute of Ocean Science in the Canadian province of British Columbia.Projects like SCTT are important to raise awareness about research and inspiring young people to pursue studies and careers in science, notes Šepić. She credits her colleagues at the University of Split and the Institute of Oceanography and Fisheries for their community outreach and engagement in the European project, which includes partner universities and institutions in Brest (France) and Kiel (Germany). As an example of town-gown collaboration, Šepić highlights her own university’s ‘Oceanographers on the Island’ programme. This initiative offers workshops and hands-on learning for children living on numerous Croatian islands.“It is a great privilege for Split to be involved in a project like Science Comes to Town, which is the first of its kind in the European Union," Šepić says. As for encouraging new generations of scientists, “This is a great effort, and I hope that we will see an effect in a few years.”Science|Business, which connects policymakers, academics and industry through its news reporting, analysis and events, is an SCTT partner.
‘You’re no longer an influencer…you’re a cofounder’: MrBeast’s business resembles a Fortune 500 holding company, investor Steven Bartlett says
MrBeast creator Jimmy Donaldson has evolved from uploading Minecraft walkthroughs on YouTube to growing his net worth to an estimated $2.6 billion.
‘Pretty gruesome’: Local business owners speak out after more human remains found in Downtown Portland
PORTLAND, Ore (KOIN) — Portland Police are investigating a second set of human remains found inside a homeless camp. These remains were discovered on Monday, only a week after remains were fo…
Citizens maintains Starz Entertainment stock rating on content strength
Citizens maintains Starz Entertainment stock rating on content strength
Read the room: The science of experiencing spaces and places
Penn Today spoke with neurologist Anjan Chatterjee of the Perelman School of Medicine about his research investigating the perception, emotion, and meaning of spaces.
Bank of America (BAC): Is Its Wealth Business More Valuable Than the Headline Bank Suggests?
Bank of America Corporation (NYSE:BAC) has a wealth franchise that deserves attention beyond lending spreads. Second-quarter 2026 Global Wealth and Investment Management net income reached $1.41 billion, roughly 16% of group earnings. That contribution matters when comparing bank stocks favored by billionaires: advisory fees diversify revenue, although rising markets still influence their value. Bank of […]
Justice Dept. Opens Inquiry Into Corey Lewandowski
The details of the inquiry remain unclear, but it is one of the rare instances in which a Trump ally or appointee has been investigated for potential wrongdoing during the president’s second term.