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Ohio State and Oregon are 1-2 in preseason coaches poll
The Buckeyes received 38 of the 72 first-place votes and were well ahead of the Ducks, who got six first-place votes.
Las Vegas Sphere drove Sphere Entertainment’s Q2 revenues up 11% to $314M; operating loss ballooned 22%
The Sphere segment, which runs the Las Vegas venue, generated revenues of $226.4 million, up $50.8 million, or 29%, year-over-year.
Delaware Keeps Business Filing Edge as Texas Starts Fast Service
Although the creation of the Texas Express service is an improvement for Texas entities, the Delaware Division of Corporations still provides a superior level of speed, responsiveness, efficiency, and cost, write Francis G.X. Pileggi and Aimee Czachorowski.
Keeping Colorado’s kids’ trust online
By Stuart Jenkins Almost every day, the kids and teens we serve across Colorado are introduced to new generative artificial intelligence and other emerging technology, including conversational AI systems designed to simulate human conversation. These tools are no longer a novelty; they’re a fixture of daily life. At the Colorado Alliance for Boys & Girls […]
ACR shares resource for helping patients use AI-generated radiology report summaries
The two-page explainer explores AI’s role in the specialty, the purpose of these summaries and now they can guide discussions with caregivers.
Malay nationalism surge threatens to end Malaysia’s reform experiment
Since becoming prime minister in 2022, Anwar has struggled to win over support from Malaysia’s Malay-Muslim majority.
Australia cuts cost of rooftop solar for businesses
Australia will accelerate its transition to renewable energy by cutting the cost to install rooftop solar panels on factories, warehouses, farms and other businesses by around one-fifth, the government said on Wednesday.
AI-generated tales preferred to human-written ones, study finds
A study sees if readers can spot if short stories were generated by artificial intelligence.
Exploring Ohio youth sports culture as Sandusky becomes tournament hotspot
With Sandusky, Ohio becoming a destination for youth sports tournaments, we look at the industry's benefits, costs and implications on athletic aspirations for student athletes.
Mountain West, Pac-12 finalize settlement over 'poaching' and exit fees
The Pac-12 and some of new the schools joining the conference filed a lawsuit in California in 2024, claiming the poaching clause the league agreed to when it signed a
PET imaging links psychosis to Alzheimer's-related brain findings
New imaging research suggests that many adults who develop psychosis-related hallucinations or delusions later in life show brain changes associated with AD and other neurodegenerative disorders.
AI generates personalized radiopharmaceutical therapy doses in under 23 seconds
The model has the potential to improve upon the one-size-fits-all dosing approach used for most RPT prostate cancer treatments.
Mario Lopez faces backlash for posting, then deleting, an unsettling AI-generated video of his niece
Mario Lopez is in the hot seat for sharing an AI-generated video depicting his niece, Kalia Wong, eating two hot dogs at a Dodgers game in a manner many fans found disturbing.
Does Congress have the guts to successfully challenge Trump’s politicization of science funding?
The U.S. Senate is emerging as a potential bulwark against proposed rule changes that would give government bureaucrats more control over scientific
White Sox get beat down in Beantown, 14-2
Davis Martin is tagged for nine runs as the South Siders drop the series opener
Small Business Owners Testify on U.S. Economic Growth
The Senate Small Business and Entrepreneurship Committee holds a hearing on tax policy, artificial intelligence, and other issues impacting small businesses.
A.J. Epenesa not inclined to discuss "weird situation" with Browns
Before Eagles defensive end A.J.
Burt Reynolds was gifted a brand new Pontiac Trans Am every year for the rest of his life until an awkward call with General Motors president
Following the huge success of the film Smokey and the Bandit, Burt Reynolds struck a deal with GM for a free Pontiac Trans Am a year, but something went wrong
Leaving the lab without leaving science
A former medicinal chemist never expected to leave the bench. But a conversation with a friend working in intellectual property law opened the door to a new career and showed her that scientific training can thrive far beyond the lab.
US move to overhaul science funding prompts some agreement and much doubt
Although researchers agree with the some of the critiques in a new report about the US research system, they are wary of the proposed changes
A colossal magma system has been hiding beneath Tuscany
A massive magma reservoir has been detected deep beneath Tuscany, despite showing no obvious signs at the surface. Scientists mapped the roughly 6,000-cubic-kilometer body using natural ground vibrations recorded by dozens of seismic sensors. It poses no immediate danger, but the discovery reveals how enormous volcanic systems can remain hidden and could transform the search for geothermal energy and critical minerals.
Ask the Doc Town Hall to spotlight Breastfeeding Awareness Month and women's health
Wake County Public Health is hosting a free Aug. 13 town hall at the Southeast Regional Library to provide expert guidance on breastfeeding, maternal wellness and women’s health during Breastfeeding Awareness Month.
Officials condemn ruling that blocks ICE mask law
The Trump administration argued that the state cannot tell federal officers how to perform their federal duties.
Trump administration admits cancellation of Maryland energy grants was political
Mayor Mamdani announces milestone in 2-K rollout
About 2,000 families received offers for a spot in the 2-K program.
Impact to N.Y. Head Start programs unclear amid anticipated federal overhaul
Early reports say the administration is planning to “gut its quality standards and replace it with regulations that would leave most of the specifics up to state and local law.”
Impact to N.Y. Head Start programs unclear amid anticipated federal overhaul
Early reports say the administration is planning to “gut its quality standards and replace it with regulations that would leave most of the specifics up to state and local law.”
Source: Voluntary federal regulatory framework for advanced AI models finalized
The meeting was described as “staff-level.”
AI-generated stories rated better quality than human-written ones, study finds
Researcher says simpler writing by AI is easier to read and digest, but this does not mean human authors are obsolete
N.C. House passes new election law changes
The state's House passed the two bills Tuesday afternoon, and they now go to the governor's desk.
Eric Adams gets 'Bronx cheer' in Wisconsin over data center
Adams was in Wisconsin Rapids on behalf of PNK Group.
Outdoor rec businesses sought for free business accelerator program
The ActivatOR Outdoor Recreation Growth Accelerator program is aimed at businesses ranging from startups to established companies.
Lung Association calls FDA nicotine pouch authorization 'another gamble with kids' health'
The FDA authorized four new flavored nicotine pouches, saying they may benefit adult tobacco users. The American Lung Association criticized the decision, warning it could increase youth nicotine use.
Lung Association calls FDA nicotine pouch authorization 'another gamble with kids' health'
The FDA authorized four new flavored nicotine pouches, saying they may benefit adult tobacco users. The American Lung Association criticized the decision, warning it could increase youth nicotine use.
Global Credit Union Opens Branch in Utqiaġvik
Global Credit Union, with help from Ukpeaġvik Iñupiat Corporation, opened a new branch inside the AC Stuaqpak supermarket in Utqiaġvik.
Tigard healthcare provider announces 100+ layoffs as it moves away from skilled nursing
PORTLAND, Ore. (KOIN) — A Tigard-based healthcare provider is planning multiple rounds of layoffs. In a notice filed Tuesday, Avamere Health Services announced a restructuring of the company expect…
Why AI giants’ political spending could balloon this fall
The fight over AI regulation, data centers and more will play a key role in the general elections.
GOP Leadership pushing Edwards to drop re-election bid over ethics report
The bipartisan House Ethics Committee on Monday released a 20-page report on the investigation, recommending that the chamber censure Edwards.
Swiatek fends off Bejlek to reach Toronto third round
Former world number one Iga Swiatek survived some nervy moments to launch her US Open build-up with a 6-0, 6-3 victory over Sara Bejlek in her second-round opener at the Toronto WTA 1000 on Tuesday.World number one Aryna Sabalenka was due to open her campaign on Tuesday night with a second-round clash against Japanese qualifier Moyuka Uchijima.
The Beauty Of Settled Science
Commenters convinced me I made a subtle mis-step in my framing of Psychology Research Is Mostly Fine. My framing emphasized that social priming studies had failed to replicate, but that many other subfields of psychology hadn’t. This naturally led commenters to point to failed replications in other subfields. Although none of these were as bad as social priming, few or none were entirely problem-free. Instead of emphasizing the difference between social priming and other subfields, I should have emphasized the difference between settled science and novel research. Here are some of my favorite psychology findings: The brain is sculpted by reinforcement learning, and a key driver of this learning is a prediction-error-based algorithm located in the nucleus accumbens and implemented through dopamine. Psychedelic drugs exert their effects through 5-HT2A receptors, pointing to a role for these receptors in some sort of construct like the balance between priors and new evidence. Certain cognitive functions are localized to certain brain areas (for example, impulse control to the frontal lobes; linguistic structure to Broca’s area, linguistic meaning to Wernicke’s area. But injure one of these areas, or render a certain function useless (eg a blind person having no more use for their visual cortex), and these mappings can gradually shift - suggesting that neurons are general-purpose compute whose specialization is a contingent fact about convenience and efficiency rather than a necessity. Most personality traits and general capabilities are about 50% genetic and 50% random, with little role for family environment or childhood history, with a few notable exceptions like partisan preference. Recent research complicates this story, but the further you go from this basic picture, the gnarlier the chains of indirect causation you require. Neurons fire together in “brain waves”, whose exact frequency corresponds with the character of consciousness; These divide neurons into natural subpopulations and linked graphs. The gamma rhythm corresponds surprisingly well to items in conscious awareness. GABA receptors seem to be involved in something like relaxation. By hitting different GABA receptors in different ways, you can modulate the exact type of relaxation you produce. Hitting GABA-A directly is too powerful and can cause dangerous levels of sedation, but allosteric modulation of GABA is an incredibly fruitful strategy that underlies drugs from benzos to barbituates to alcohol. If you know your GABA-A subunits, you can target specific subtypes of relaxation; for example, Ambien hits GABA-A1 and induces sleep. Memory divides somewhat fuzzily into bins of immediate-sensory, short-term, and long-term, with separate retrieval and storage functions, and separate systems for declarative vs. procedural learning. These can be harmed selectively, usually by hippocampal injury, so that some patients can remember their life stories but not form new long-term memories, or learn new skills like bike-riding but not new facts. The exact substrate of memory is unclear but seems to involve new synaptic connections between neurons in at least some way. The ability of modern psychology and psychiatry to treat mental illness is real but limited. SSRIs work for half or slightly fewer than half of patients; antipsychotics work with extreme side effects; benzodiazpines work but produce addiction and tolerance in many (not all) people. Most supplements are stuck in Poor Quality Study Replication Crisis Hell, but melatonin and l-theanine stand out as especially promising. Psychotherapy works with moderate effect size, but (with a few exceptions) seems to be more about the relationship with the provider than the details of the therapy itself. Mental hospitalization can sometimes defuse immediate crises but work less well than mental hospitals would like, with some studies showing overall negative effects. Schizophrenia is mostly genetic, but risk also increases with prenatal infection (especially rubella) and obstetric complications; there is suggestive evidence for roles of social stress and drug use (with psychedelics and marijuana making things worse, and nicotine if anything making things better). Bipolar and schizophrenia are so closely linked on a pathophysiological level that it seems like they might be the same disease; on the clinical level, they do seem to follow two separate courses/prognoses but can sometimes surprise clinicians by eg someone who seemed condemned to permanent schizophrenia unexpectedly recovering. The brain’s native reinforcement learning algorithms cash out in the phenomena of classical and operant conditioning; different reinforcement schedules reinforce at different levels, which can be exploited by bad actors to make especially compelling products (eg slot machines). None of these are immune to doubt. A few are speculative; one or two are genuinely unorthodox. But they’re all a step above one p = 0.049 paper that might not replicate. If they get overturned, they’ll be overturned by the same sort of genuine scientific shift that replaced Ptolemy with Copernicus or Lamarck with Darwin, not some sort of sordid discovery about someone entering random numbers into a spreadsheet. In 2008, Eliezer Yudkowsky wrote about The Beauty Of Settled Science: If you only care about scientific issues that are controversial, you will end up with a head stuffed full of garbage. The media thinks that only the cutting edge of science is worth reporting on. How often do you see headlines like “General Relativity still governing planetary orbits” or “Phlogiston theory remains false”? So, by the time anything is solid science, it is no longer a breaking headline. “Newsworthy” science is often based on the thinnest of evidence and wrong half the time—if it were not on the uttermost fringes of the scientific frontier, it would not be breaking news. Scientific controversies are problems so difficult that even people who’ve spent years mastering the field can still fool themselves. That’s what makes for the heated arguments that attract all the media attention. Worse, if you aren’t in the field and part of the game, controversies aren’t even fun. Don’t be embarrassed to read elementary science textbooks, either. If you want to pretend to be sophisticated, go find a play to sneer at. If you just want to have fun, remember that simplicity is at the core of scientific beauty [...] A steady diet of science news is bad for you: You are what you eat, and if you eat only science reporting on fluid situations, without a solid textbook now and then, your brain will turn to liquid. Psychology isn’t centrally the new paper in Annals Of Recently-Breaking News saying that an n=5 study showing that large portion sizes increase support for terrorism. Psychology is centrally ideas like brain waves, GABA receptors, reinforcement learning, twin studies, and connectionism. People who think differently are worrying too much about BREAKING NEWS!!!, and should stop. The key distinction isn’t “recent research in social psychology” vs. “recent research in cognitive/bio/behavioral psychology”, as my essay last week unfortunately implied. It’s recent research in general vs. the deposit of settled science, battle-tested hypotheses, and carefully-earmarked speculation. And part of the reason social priming in particular was such a disaster was that it defied that heuristic, building itself up over hundreds of studies until it approached or even entered the pantheon of settled science - before collapsing (5-HTTLPR was also sort of like this). This isn’t a claim that settled science is always right - Freud was “settled science” for a long time - just that there’s an intuitive distinction between the level of credence you should have in the existence of power posing vs. the existence of Broca’s Area. (I compounded this error by calling the last post “Psychology Research Is Mostly Fine”, which suggested I was talking about the new research rather than the settled science. I actually meant to distinguish between research-psychology-the-field vs. clinical-psychology-aka-therapy, but this framing unintentionally pushed against the point I wanted to make) Some commenters on the previous article understood this point, but challenged its weight. It’s very cool, they said, to know how many neurons are in which brain lobe, but the main way that Psychology affected their lives was through bad clickbait studies used to buttress dumb policies; some p = 0.049 study says that exposure to microaggressions makes minorities’ brains shrivel into raisins, and now their company has to implement punitive DEI or be sued for hazardous work conditions. I won’t dispute this as an accurate description of how the sausage gets made, but it’s worth examining the trains of thought that connect this observation to a campaign against psychology in general: The dumb woke psychology was wrong and bad, and I don’t have good heuristics for distinguishing dumb woke psychology from other psychology, so I’m going to assume it’s all wrong and bad. The dumb woke psychology was wrong and bad; it seems useful to punish/discredit psychology as a whole to assist my campaign against it, so for propaganda purposes I will try to discredit psychology as a whole. To people in the first camp, my response is: come on, your heuristics aren’t that bad. “Microaggressions makes minorities’ brains shrivel up like raisins” is in the woke category; “the hippocampal theta rhythm seems to be associated with both memory and pathfinding, suggesting an unexpected yet surprisingly compelling relationship between the two” is in the not-woke category, don’t play dumb here. To people in the second camp, my response is: deliberately exaggerated propaganda campaigns are bad and this is a confession, not an excuse. Inability to view science through anything but a political lens was what got us into this problem; doubling down on it is a temporary solution but a recipe for permanent disaster. If you pronounce entire fields of science to be acceptable collateral damage in your campaign against bad political actors, you will alienate not just scientists but patients, clinicians, and general lovers of truth. Instead, you can say the thing you mean - that woke partisans shouldn’t try to occupy and exploit the otherwise-noble science of psychology for their own political gain - and wage the same campaign with a halo rather than a comic-book-villain goatee. From the font of oracular wisdom that is Weird Sun Twitter: [ Vessel Of Spirit@VesselOfSpirit i love you all conditionally but i love the good part of you unconditionally. even if it becomes a very small part 2:11 AM · Jan 22, 2015 1 Reply · 5 Reposts · 29 Likes ](https://x.com/VesselOfSpirit/status/558084551772471298) This is how I feel about psychology1, too, but with a touch more optimism. The good part of psychology is enormous, a hoard of endless treasures. You just have to look past the headlines! 1 To play devil’s advocate - should one always be so magnamious? Astrology? Phrenology? These seem different in that their entire orientation was flawed from the start; they didn’t simply fail to find the correct constellation-personality connections, the whole project of searching for connections between constellations and personality was doomed from the start. More difficult might be asking the same question about education research, which is notoriously bad. I don’t know enough about education research to know if there’s some settled science of correct and enlightening results lurking in the background beyond the day-to-day froth of poorly-conducted and politically-motivated studies. I think if it’s 90% bad, 10% good, it’s correct to call it bad as a compact way of communicating a useful truth; I think psychology is better than that, but admit it’s a tough judgment call.
Emory biophysicist Shashank Shekhar’s research into tiny cellular force generators nets two major federal awards
Emory assistant professor Shashank Shekhar has been awarded $3.5 million in funding for his innovative research focused on how biochemical interactions influence actin, the vital protein responsible for cell structure and movement.
Bryan Cook is the Cincinnati Bengals' Most Overlooked Offseason Addition
The Cincinnati Bengals made several prominent defensive additions this offseason. Dexter Lawrence was the biggest name, but their additions of Boye Mafe and Jonathan Allen have also generated plenty of attention. While the Bengals went and added plenty of names, they also added another player who is being overlooked but will provide just as much of an impact, and that is safety Bryan Cook.
Senate Panel Will Examine Small Business Pressures
Senate committee investigates tariffs and lending challenges facing small businesses. Hear how rising costs impact Main Street entrepreneurs this week.
Onondaga Co. legislature votes to obtain legal counsel against election board
The vote does not trigger a lawsuit but gives the legislature the ability to pursue one if deemed necessary.
Beyond 'Pawn Stars': How One Entrepreneur Turned Hidden Wealth Into a Business Opportunity
Years of valuing luxury assets taught Michael Manashirov that true entrepreneurship isn't just about recognizing value—it's about finding better ways to unlock it.
These 10 wildflowers all have superpowers. Only one can win your vote
Move over waratahs and banksias! These 10 flowers from the unsung understorey are not just pretty faces, they have surprising tricks up their sleeves.
Max Miller Shrugs Off Trump’s Warning and Pushes Ahead in Ohio
Republicans hoped a shove from President Trump would persuade the embattled congressman to drop his re-election bid in the face of abuse allegations. It hasn’t happened.
Senators Markey, Merkley Reintroduce Legislation to Protect Healthcare for Americans Who Cannot Afford Bail
Bill Text (PDF) Washington, D.C. – Senator Edward J. Markey (D-Mass.), a member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, and Senator Jeff Merkley (D-Ore.) today reintroduced the Equity in Pretrial Health Coverage Act, legislation that would protect the continuity of federal health benefits under Medicaid, Medicare, Children’s Health Insurance Program (CHIP), and Veterans Affairs for Americans who […]
Federal appeals court says Trump admin was wrong to terminate climate funds
The Greenhouse Gas Reduction Fund was designed to finance small energy projects. The Trump administration accused the nonprofits of mismanagement and fraud
I Was Told I'm 'Just a Mom With a Side Hustle.' Here's What Those Words Reveal About Modern Business and Motherhood.
Motherhood is reshaping leadership, challenging outdated biases and redefining what it means to build a successful company.
Federal appeals court says Trump admin was wrong to terminate climate funds
The Greenhouse Gas Reduction Fund was designed to finance small energy projects. The Trump administration accused the nonprofits of mismanagement and fraud
Federal appeals court says Trump admin was wrong to terminate climate funds
The Greenhouse Gas Reduction Fund was designed to finance small energy projects. The Trump administration accused the nonprofits of mismanagement and fraud
National Park Service says Trump's arch would adversely affect 37 historic sites
President Donald Trump proposed the 250-foot-tall arch last year to commemorate the country's 250th anniversary
National Park Service says Trump's arch would adversely affect 37 historic sites
President Donald Trump proposed the 250-foot-tall arch last year to commemorate the country's 250th anniversary
Todd Blanche's nomination for attorney general clears critical hurdle
The Senate Judiciary Committee voted 12-10 along party lines in support of the nomination of President Donald Trump's former personal attorney
National Park Service says Trump's arch would adversely affect 37 historic sites
President Donald Trump proposed the 250-foot-tall arch last year to commemorate the country's 250th anniversary
My Business Hit 7-Figure Revenue Within a Year. I Use a Bespoke Strategy — No Traditional Marketing
Ali Galgano saw a serious gap in the jewelry market.
Ryan announces efforts to improve public safety in Chippewa District
This comes after disturbances in the district from large outdoor gatherings, vehicle congestion, and groups congregating outside of businesses.
White House Releases Its Vision For Science: What Role For Energy?
White House "Science: A New Golden Age" proposes radical change to U.S. science, with energy a core theme. Only nuclear power is mentioned, mainly for political reasons.
The Truth About AI That Every Business Leader Needs to Hear Right Now
Cut through the AI hype and fear — and learn the truth about what the technology can (and can't) do.
Sony Music Appoints Stephanie Yu to General Counsel and Executive Vice President, Business and Legal Affairs
Sony Music today announced the appointment of Stephanie Yu to General Counsel and Executive Vice President, Business and Legal Affairs. She reports to Rob Stringer, Chairman, Sony Music Group and Kevin Kelleher, COO, Sony Music. Yu will be responsible for overseeing the business, legal and governmental affairs strategies and activities for the company globally. Stringer […]
Sony Music Appoints Stephanie Yu to General Counsel and Executive Vice President, Business and Legal Affairs
Sony Music today announced the appointment of Stephanie Yu to General Counsel and Executive Vice President, Business and Legal Affairs. She reports to Rob Stringer, Chairman, Sony Music Group and Kevin Kelleher, COO, Sony Music. Yu will be responsible for overseeing the business, legal and governmental affairs strategies and activities for the company globally. Stringer […]
MrBeast Sales Slow, Angel Stock Falls, MUBI and Neon Look for Hits, and Will an NBA Franchise Set a Sales Record?
(Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industry and business strategy. I write a weekly Streaming Ratings Report and a bi-weekly strategy column, along with occasional deep dives into other topics, like today’s article. Please subscribe.) You probably remember egg prices spiking a few years ago. This led to a lot of debate between the pro-market/pro-competition/antitrust/Neo-Brandesian crowd and the center/center-right/center-left/abundance/libertarian crowd over the cause, whether it was the avian flu outbreak or whether industry consolidation led to price fixing, using avian flu as a convenient cover. Basel Musharbash wrote a whole investigation at BIG looking at it. Well, two years later, we have our answer: it was price fixing. The Justice Department found proof, via emails, of price fixing. Indeed, just the threat of an investigation brought prices down two years ago: I bring this up because at least half a dozen of my favorite political writers and pundits, who were skeptical about price fixing at the time, haven’t written any mea culpas on this issue. It’s really dispiriting and makes it much, much harder to trust their work on other issues. If you take a hard stand on an issue, then you get it wrong, you need to explain how and why you got it wrong. Or update your priors. This is how epistemological bubbles are formed! All of which is to say, it’s time for another installment of “What I Got Right, What I Got Wrong”. Last issue, I mostly focused on the “wrong” side of the equation, so today’s is a bit more balanced, but with one big mea culpa (though I still stand by my original concerns). Let’s dive right in! Subscribe CORRECTION: UFC Didn’t Release Subscriber Data (But Seems to Have Bragged About It Internally) In my analysis of the viewership of UFC Freedom 250, I wrote... “Paramount has also released datecdotes bragging about their subscriber numbers. Earlier this year, they claimed that the first UFC fight on Paramount+ brought in 1 million subscribers.” Well, that datecdote did not come from a PR rep, but from great reporting from James Faris at Business Insider. The actual quote was this: “Paramount’s flagship streaming service generated about a million new subscribers on the day of its first-ever UFC event, Paramount product chief Dane Glasgow told employees in a town hall on Tuesday morning, three staffers who attended the meeting told Business Insider.“ This wasn’t the biggest goof in the world; even Faris emphasized to me that this is more a “clarification” than a correction. Still, it sounds like, internally, the folks at Paramount were very happy about this result—and I’m guessing they were happy with this news getting out—even though the gains didn’t last through the quarter, dropping to 700K adds. RIGHT: MrBeast’s Struggles Continue... I’m very skeptical about MrBeast’s burgeoning media “empire” and, in particular, its $5 billion valuation, as I wrote earlier this year and last year. Sure enough, according to Business Insider, regarding its “booming” consumer products division_:_ “US sales volume grew 13% year-over-year in 2025, following a 33% leap the previous year, according to a presentation deck dated May 2026....A February 2025 investor deck viewed by Business Insider showed Feastables’ net revenue more than doubled in 2024 from 2023, to $215 million, and was forecast to grow 74% in 2025, to $375 million.” [Emphasis mine.] If you told investors that you projected 74% growth but delivered 13%,1 that’s not ideal. But it’s not just MrBeast. Logan Paul and KSI’s Prime had sales drop in half for their energy drinks. It’s one thing to build a successful entertainment company and an entirely different thing to succeed in the heavily-consolidated-but-also-very-competitive consumer packaged goods space! CPGs are dominated by a few firms with very wide moats compared to YouTube, which has few barriers to entry. These businesses require different skill sets and have completely different business environments. WRONG: Does the NBA Have an $8 Billion Bidder? Almost as soon as I published my article about the NBA’s finances, casting skepticism on NBA expansion, I saw this Front Office Sports headline: One group “claims to have already raised $8 billion” for the Vegas expansion team. I mean, wow. That’s just $2 billion less than what the Los Angeles Lakers were valued at when they were sold just last year. And they’re arguably the most popular team in the NBA. (Side note: the new owner is now under an investigation for fraud in how he went about financing the Lakers and the Dodgers purchases.) So much for the “dried up” language I used in that article. (This is why I usually stick to my “Entertainment Nuance Guy” tone in articles...) I went off old information—from April, when I read/heard about the NBA downplaying expansion efforts—instead of doing a quick double-check for new news. That said...if you read the article, the market for Seattle is “slow”, with just one reported bidder. So I wasn’t entirely off. This goof has annoyed me since I first published it, mainly because it undercut that article’s real point, which I stand by: NBA franchises are really overvalued right now. Now, I get why NBA teams are overvalued. When it comes to owning sports teams, it’s basically never wrong to assume that some rich person somewhere will care more about owning a team (or just being part of a group since they’re so expensive) than the actual financials. There are only so many teams to own, and opportunities to buy in preferred markets don’t come along very often. This explains why the teams sell for such high multiples (usually above a 10 to 12.5 revenue multiple, which is very high). You only need one person to overpay! Beyond the ultra-wealthy luxury good explanation, I worry NBA teams are becoming speculative assets. More and more private equity investors are buying into NBA teams. But the value, in owning a team, comes from selling it later, not any meaningful relationship to revenue or profit growth. In other words, the newer NBA owners are increasingly expecting someone later to buy their inflated asset. That’s not sound economics; that’s the “greater fool” theory at work.2 At some point, actually making money has to matter. Especially since revenue growth is now below the growth of the stock market. (And this matters because the NBA doesn’t have easy levers to pull to drastically lower their costs—half of their revenue has to go to players and then you actually have to run a team, including coaching, training, travel, media expenses, and more—or raise revenues aside from one-off expansions in America and overseas.) I just don’t see how investors make their money back buying NBA teams, except for selling at a higher price later on down the line. But if revenue/profit growth continues to slow, at some point, someone will be left holding the bag. RIGHT: Baseball and Basketball are about equally popular. Related to the above, I wanted to cite two quick pieces of evidence for one of my other theories: that the NBA and MLB are about as popular as each other, but the NBA gets much, much better media coverage. One YouGov survey has that fans prefer basketball to baseball by 52% to 48%, which I’m guessing is within the margin of error for that poll. That’s virtually even, meaning they’re about the same popularity. Over on NBC, a recent Red Sox-Yankees game averaged 4 million viewers, higher than Sunday Night Basketball’s average of 3.4 million on the same network. A Yankees-Dodgers game averaged 3.9 million two weeks ago. Not every game averages this much, but it shows you that baseball isn’t far off from basketball, depending on the matchup. Altogether, the NBA is just slightly more popular than baseball, but NBC is paying MLB a fraction of what they pay the NBA, a point I’ve made before. RIGHT: Angel, MUBI and Neon Updates... I’ve long been skeptical about many of Hollywood’s buzziest startups/smaller indie studios. It’s not that they don’t make great movies—films like Anora and Everything Everywhere All at Once are amazing—or that they’re not (rightfully) pushing the majors to make better films, but...they get a ton of hype, and that hype often doesn’t live up to the reality or difficulty in scaling up. Starting with MUBI, well, The Wall Street Journal wrote a feature on MUBI’s struggles last April, best summarized by the subheader “After Sequoia valued Mubi at $1 billion, a left-wing revolt sent the indie film company into a tailspin”. MUBI lost $7.3 million on $200 million in revenue in Q4 2025, but reportedly hit a record 1.7 million subscribers at the end of Q1. As for Neon, Department M purchased a “significant stake” in the company earlier this year. How much is that “stake” worth? According to Deadline, “No financial figures for the Neon-Department M deal were disclosed.” So...that’s not great! If it was a big valuation, we’d hear about. Also, I found this curious: “Both Neon and Department M already have separate partnerships with Qatar. The Qatar Film Committee has a slate deal in place with the former, and a biopic production pact with the latter.” Color me skeptical about much Middle Eastern investment dollars. See: LIV Golf. Finally, as for Angel (formerly Angel Studios), their stock very, very slightly popped last month after Young Washington ($20 million budget) which made $45 million in the US, but their stock is still way down from its opening. Smaller Updates RIGHT: The WGA should focus on antitrust concerns! I’ve been on this for years. Post-WGA/AMTPT deal in 2023, I wrote an article for the Ankler calling on the WGA to focus and organize against industry consolidation. Sure enough, the WGA filed a lawsuit against the Paramount-WBD merger, and people are organizing around this issue now. I wish this energy had coalesced earlier (specifically to lobby Washington much earlier), but better late than never! WRONG: Actually, the chip shortage might be due to market manipulation. In my last “Long Reads for the Long Summer” article, I shared an article about how LLMs are causing memory chip prices to spike, which will make all electronics more expensive. Well, turns out, three RAM manufacturers control 90% of the market, and now a private lawsuit accuses them of price-fixing. So yeah. WRONG/UPDATE: The Odyssey will hold! Two weeks ago, I wrote, “As of this moment, we haven’t had a super-blockbuster, though The Odyssey, Spider-Man: Brand New Day and Avengers: Doomsday could all cross the $500 million mark. (At this point, The Odyssey would need a very strong hold to get there.)” Well, it’s safe to say it’s going to have that hold! It only dropped 30% in weekend two and IMAX screenings are sold out all month. Spider-Man: Brand New Day is also off to a great start. RIGHT: People are rushing to get shows out yearly. I’ve long been bullish on yearly, weekly-released shows, and Leslie Goldberg at The Ankler wrote about how many people in town are now listening. WRONG: Mark Carney reverses Canada’s stance on homegrown production. After writing about Canada installing domestic production quotas, Canada has backed off. WRONG: I don’t trust Spider-Man: Brand New Day’s online “views”. When I originally wrote about the latest Spider-Man film’s record-breaking trailer, I thought this was just YouTube views, but after watching this Corridor Crew video and doing more research, well, it’s all social views of the trailer globally. Really? That stat includes TikTok, Reels and YouTube Shorts views. Basically, I don’t trust it anymore. (This film will probably set record, but I trust the pre-sales data more.) RIGHT: Celebrity Production companies are still struggling. I’ve written about this for years, but the company that I didn’t track was Kevin Hart’s HartBeat, which was valued at $650 million but is struggling now and might just end soon, especially after Kevin Hart pulled his endorsement deals. And Bad Robot is moving to NYC. CORRECTION: SpongeBob is a “second run” title. In my 2025 recap article, I had _SpongeBob SquarePants_labelled as a “library” title, when it is still a “second run” show, with new episodes still coming out on Nickelodeon. CORRECTION: In my last “What I Got Right, What I Got Wrong” update, I offered a correction from Doug Creutz and misspelled TD Cowen. Thanks, Grammarly! 1 Though he could have increased prices to make up for the gap, he couldn’t have increased them that much. 2 There’s a theory, which I think that Daryl Morey created and Bill Simmons popularized, that, to be successful building your team, you only need a handful of bad GMs in the league to take advantage of. To be clear, Daryl Morey’s theory was also for signing bad contracts, that you could always get out of bad contracts. Basically, there’s always someone who will make a bad trade. It’s not the same exact thing, but similar enough to the Greater Fool Theory that I really like it.
Emory biophysicist Shashank Shekar’s research into tiny cellular force generators nets two major federal awards
Emory assistant professor Shashank Shekhar has been awarded $3.5 million in funding for his innovative research focused on how biochemical interactions influence actin, the vital protein responsible for cell structure and movement.
The Hartford to acquire Equitable’s employee benefits business
Property and casualty insurer The Hartford has entered into an agreement to acquire Equitable’s employee benefits business, the company announced Tuesday.
Senate Judiciary Committee Advances Todd Blanche to Be Attorney General
Two GOP senator holdouts ultimately supported the nomination after getting written assurances that a controversial fund was dead.
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Astros acquire center fielder Daulton Varsho from Blue Jays
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Princeton Fant leaves practice early after apparently suffering knee injury
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My Strange Amex Credit Card Fraud: What Really Happened In Malaysia?!
I just had fraudulent transactions on an Amex card, and I find them to be particularly strange, given some recent Citi card fraud. Here's why.
How Successful Women Turn Their Networks Into A Business Strategy
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When does advanced science create entrepreneurs — and does it matter?
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White Sox visit the Red Sox to open 3-game series
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Google Earth’s potential disinformation nightmare
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Preserving History, Growing Business: How Two Charleston Entrepreneurs Find J.O.Y.
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Ubisoft Fixes Black Flag Resynced 30fps Cutscene PC Bug, PSSR Issue on PS5 Pro
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Watch live: Senate convenes Medicaid hearing as work requirements face scrutiny
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Kustom Entertainment Closes $6.1 Million Divestiture of Legacy Video Solutions Business to Cycurion
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Major airline to roll out ‘Business Priority,’ offers new benefits for corporate travelers
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ENGIE North America Releases 2026 Business Energy Census highlighting rising costs, market volatility, and a shift to strategic energy decision-making
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U.S. Small Business Employment Landscape Remains Steady
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'More akin to a political slogan': Judge orders rewrite of property tax amendment's ballot language
The amendment stays on the ballot, but Attorney General has 10 days to rewrite the sales pitch as a description.
Rodeo is one of the most dangerous sports. These doctors and trainers get cowboys back in the saddle.
Behind the scenes with the sports medicine team at Cheyenne Frontier Days.
Answer Man: Helene Business Recovery Fund borrowers facing skyrocketing rates? Messy I-26 median?
Today’s round of questions, my smart-aleck replies and the real answers: Question: You should look into the disaster bridge loans a lot of people took out through Mountain BizWorks and the Golden Leaf Foundation after Helene. These were loans with a 1 percent interest rate for 12 months, which was later extended to 24 months. […]
Samsung experience shows Apple's timing for the iPhone Ultra couldn't be better
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Live updates: Michigan, Virginia, Kansas elections underway; Blanche Senate vote expected
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2026 Season Opener Countdown: 40 Days Remaining
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The Oral History of Will Ferrell, Sports Comedy Icon
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Vote to take place on Blanche nomination after GOP senators drop opposition
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Mamdani defends second home tax following deadline extension
Only the approximately 17,000 owners who got a letter needed to pay or prove an exemption.
Freezing fire: UT San Antonio scientists discover breakthrough for green energy
A novel approach borrowed from metallurgy breaks down ceramics into powerful clean-energy building blocks.
BP profits more than double as Iran war sends oil prices soaring
Energy company’s $5.73bn quarterly profits come after Shell posted second highest quarterly earnings on record
Oil profits spike as Middle East war fuels energy prices and Trump blasts soaring earnings
Rolling coverage of the latest economic and financial news
5 generations now mingle in the healthcare workforce. Can they continue doing so without driving each other away?
A cursory glance at the workforce in any U.S. hospital in 2026 reveals four kinds of readily observable diversity. Three get plenty of attention. One gets almost none.
Mary Rivera, Ned’s scene-stealing grandma in ‘Spider-Man: No Way Home,’ dies at 82
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New Mexico Power Equipment emphasizes customer service, Stihl equipment repairs
Sean Gabriel, a Santa Fe native who moved around in his teens and 20s, said he’s used to launching and running businesses.
Judge allows N.Y. bans of local agreements with ICE, blocks mask ban for agents
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Minot business leaders see economic opportunity with proposed pig iron plant
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