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Truth Social will sell Wall Street quicker access to posts
Truth Social will sell Wall Street firms quicker access to market-moving posts from President Donald Trump, the company said on Thursday.
How street festivals help Oakland’s small businesses
From First Fridays to the Laurel StreetFair, business owners say Oakland’s rich roster of festivals drive foot traffic and serve as "stewards of public safety."
Earth-like exoplanet could have life-supporting water on its surface
Scientists discover the first confirmed atmosphere in habitable zone outside our solar system on LHS 1140b
Bank of America Sees Nvidia’s Next $20 Billion Business. Here’s Where NVDA Stock Could Go
Bank of America just flagged a hidden revenue engine inside Nvidia that the market is still ignoring, and the numbers suggest Wall Street has been pricing the wrong business this entire time.
This “exotic weirdo” exoplanet has a rocky surface and an atmosphere
Astronomers found a helium atmosphere around a rocky exoplanet — a good sign for the search for life outside the solar system.
TikTok Shop is testing a new managed services business in the US
TikTok is rolling out a new pilot program where it will oversee key Shop operations, like hiring creators and making ads, for e-commerce partners.
Trump's address may focus on the 2020 election. Here’s what to know about foreign interference, voting security
President Donald Trump is set to address the nation July 16 with an expected primetime focus on election integrity. Reports from intelligence experts show that the 2020 election was secure and foreign governments’ attempts at interference did not affect voting.
Congress debates: Should daylight saving or standard time be year-round?
Legislation to make daylight saving time year-round passed the U.S. House this week and is now being considered by the Senate. It comes as many Americans disapprove of how the U.S. manages time.
A&E Arts & Entertainment Agenda, July 17-23
Marea’s Mahj Squad and Marea Aspen Mahjong Social Saturdays, July 18 Marea at The Snow Lodge will host Mahj Squad alongside Marea Aspen Mahjong Social Saturdays from 3 to 5 p.m., followed by a social...
Trump immediately fires the new court-appointed top prosecutor in Seattle
President Donald Trump fired the new top U.S. prosecutor in Seattle on Wednesday less than an hour after the attorney was unanimously appointed by the federal judges in the district, highlighting tensions between the courts and the president over the powerful positions.
Kai Trump says politics is 'not my thing'
Kai Trump, the president's granddaughter, has tried to stay out of politics in the past, while focusing on her golf career.
Trump is taking longer to approve disaster aid and denying Democratic states more frequently
When major disasters strike, Americans are routinely waiting weeks — or even months — to receive presidential approval for aid. And if they live in a state that didn't support President Donald Trump, chances are greater that aid will be denied.
ESPY Awards 2026: Best and worst red carpet outfits
At the 2026 ESPYs, Jordyn Woods and Alysa Liu wore some of the best outfits of the night, while others missed the mark on the red carpet.
Christopher Nolan's 'The Odyssey' review: An ambitious swing that hits
Christopher Nolan's "The Odyssey" has a surreal quality that didn't resonate with me until I started dreaming about it.
Trump officials want to make testosterone drugs easier to prescribe. Is that a good idea?
Officials under President Donald Trump want to make it easier for men to get a prescription for testosterone, the latest shift in a decades-long debate over the benefits and risks of replacing the hormone that affects sex drive, mood and other health factors.
Inside Iowa Politics: How Pete Buttigieg thinks Democrats should show ‘tough’
Former presidential candidate Pete Buttigieg doesn't think Democrats need to emulate President Donald Trump as they campaign before voters.
White House Faces Stiff Pushback on Subjecting Grants to Political Review
Academics, city leaders and congressional lawmakers number among the thousands to urge the Trump administration to reconsider a plan to assert more control over grants.
Inside You42 Studios: Roswell's New Destination for Dining, Entertainment and Experiences
From chef-driven dining and live entertainment to immersive spaces, events, and creator studios, You42 Studios brings a new kind of destination to North Fulton.
Trump is expected to make election conspiracies a focus of his national address
President Donald Trump is set to address the nation on Thursday night on topics he said will include elections and voting machines, suggesting he is likely to revisit some of the unproven claims he has previously made about Republican losses, particularly his own in 2020.
Trump expected to make election conspiracies a focus of his national address
The president has long insisted he won the 2020 election, even though the very people he appointed to oversee it said the count was accurate
Soccer stadium partners with Rock Entertainment Group
Cleveland Soccer Group (CSG) today announced that Rock Entertainment Group (REG) – the organization behind the Cleveland Cavaliers, Rocket Arena and Cleveland’s incoming WNBA franchise – will lead the naming rights and entitlement sales process for South Gateway Stadium, CSG’s planned 10,000-seat venue on the south side of downtown Cleveland. Read More
Midco Sports® Launches NSIC’s New Streaming Home
A new era begins today for the NSIC on Midco Sports Plus®! Through an expanded partnership, Midco Sports® will power the NSIC Network and serve as the centralized home for NSIC digital content, delivering exclusive live and on-demand streaming coverage of all 16 member schools.
DOOM Has Been Recognised As One Of "The Most Influential Works" Of American Culture
Alongside 'The Star-Spangled Banner', 'Moby Dick', and 'Levi's Jeans'
As fires burn, Boundary Waters businesses confront lost peak season
After days spent evacuating campers from the Boundary Waters as wildfires spread, outfitters and tourism businesses are beginning to consider the financial fallout. With the wilderness closed during the height of the summer season, many are facing mounting cancellations and an uncertain future.
Business 51 Southside Project begins Stage 3 construction Monday in Stevens Point
The City of Stevens Point will begin Stage 3 construction on the Business 51 Southside Project on Monday, July 20.
Hasbro announces new partnership with Nintendo for Zelda toys
Today, Hasbro announced a new licensing partnership with Nintendo for toys based on The Legend of Zelda. The collaboration begins in 2027. We should be getting our first look at what’s planned very soon. At San Diego Comic Con, three 6″ scale figures will be revealed. Comic Con takes place between July 23 and July 26. Billy Lagor, President Toys...
Matthew Stafford's 2025 pocket efficiency put him in rare company
Matthew Stafford was one of three quarterbacks in 2025 who rated efficiently inside and outside the pocket.
Utah Modernizes Public Health Data Reporting—a Win for Government and Residents
On June 1, Utah became one of the first states in the U.S. to require acute care hospitals to use electronic case reporting (eCR)—the automated, real-time exchange of information—to notify public health agencies about instances of reportable communicable diseases.
Every Team Has an Edge: EA SPORTS™ NHL® 27 Overhauls All 32 Arena Atmospheres and Presentation for Total Immersion
Powered by Real-World NHL EDGE™ Data and Unique Team Playbooks, NHL® 27 Releases September 11 with Generational Talent Macklin Celebrini Gracing the Cover Watch the Reveal Trailer HERE Electronic Arts Inc. (NASDAQ: EA) today unveiled EA SPORTS™ NHL 27 , launching September 11, 2026 on PlayStation®5 and Xbox Series X|S. EA SPORTS™ NHL® 27 brings all 32 NHL arenas to life with authentic atmospheres: presentation that reflects each team’s identity, a new commentary team, a new dynamic crowd system, and a new modernized broadcast package. Alongside new social and competitive mode Connected Franchise, this year marks one of the most significant upgrades in franchise history. Generational talent and San Jose Sharks forward Macklin Celebrini headlines the Standard and Deluxe Edition covers, ushering in a new era of the EA SPORTS™ NHL franchise. NHL 27 Deluxe Edition Cover “Seeing the Shark Tank brought to life like that is honestly unreal,” said Macklin Celebrini, NHL 27 cover athlete. “The
SLO County coffee trailer wants to make eco-friendly easy. Inside Tiny Café
The mobile coffee shop is the first cafe in SLO County to be green-business certified.
Samsung's New Foldables Have Been Officially Rated and the Battery Life Jump Is Significant
The Samsung Galaxy Z Fold 8 and Galaxy Z Fold 8 Ultra will deliver a considerable battery life boost, according to official ratings.
Inside RFK Jr.’s push to dismantle decades of U.S. vaccine policy
Robert F. Kennedy Jr. has brought a series of once-unthinkable public-health proposals to the highest levels of the Trump administration.
COMPUTER COPS: Inside the big business of selling AI to the police
From data gathering to decision making, there’s a gold mine in police funding.
What to Know Ahead of Trump’s Primetime Speech | WSJ Politics Newsletter for July 16
Plus, President Trump weighs expansion of the Iran war, and more than 100 House Democrats vote against $3 billion in military aid to Israel.
Inside the Art of Campaign Evolved
To learn more about the art of Halo: Campaign Evolved, we sat down with Halo Studios Art Director Chris Matthews and Donnie Taylor, Halo: Campaign Evolved Art Director, to talk shop!
Trump to meet Darline Graham at the White House today
President will meet new Republican senator who has taken over the seat following the death of her brother Lindsey Graham
Not Politics, Just Heritage
The Interstate 40 bridge that crosses over Douglas Lake and the French Broad River now bears the name, “President Donald J. Trump Bridge.” On July 9, state officials unveiled the new bridge signs during a ceremony held at the exit 425 westbound rest area in Dandridge. This comes after the naming of the bridge was
Trump approval stuck in the 30s amid pessimism on Iran and economy, poll finds
Americans give President Trump broadly negative assessments, including on the Iran war and the economy, a Washington Post-Ipsos poll finds.
‘86 47’: How Trump’s war on dissent gave his opponents a political rallying cry
The president’s attempts to bury a meme — and his political opponents — turned a small bit of political speech into an international symbol of protest.
Marshall Athletics Announces Partnership With Collegiate Sports Connect
Marshall Vice President and Director of Athletics Gerald J. Harrison announced a multi-year partnership with Collegiate Sports Connect on Tuesday.
College grad pivots from software engineering to data analytics
Mackenzie McAllister, a 22-year-old computer science grad, said she used AI as a crutch during school. Now she's considering data analytics roles.
Trump earned billions last year. Some Pennsylvania swing voters say they don't care
Key voters in Pennsylvania are split on whether President Trump earning a big windfall last year is a big deal or not. Their reaction reveals a level of cynicism about many in the political class.
Blue Origin's new stock option plan comes with a catch
Blue Origin's new equity plan has an unusual clause meant to retain employees tempted by SpaceX's money machine.
U.S. and U.K. soldiers participate in Armed Forces Entertainment All-Star Soccer Tour
U.S. Army Soldiers assigned to V Corps subordinate units, Scottish soldiers from the U.K. army and professional soccer players touring with the Armed Forces Entertainment Heat Wave Summer Series, pose for a group photo after completing the scrimmage game during the All-Star Soccer Tour clinic at Tapa Army Base, Estonia, July 9, 2026. The AFE summer programming brings world-class entertainers, athletes, and performers overseas to connect with service members stationed around the globe. By providing unique opportunities for Soldiers to engage with professional talent, build morale, and share memorable experiences away from the mission, the program strengthens the resilience, camaraderie and sense of community that are essential to the military. V Corps is the U.S. Army's only forward-deployed corps, serving as the senior tactical headquarters for Army forces in Eastern Europe to deter conflict and provide combat-ready forces alongside our NATO allies. V Corps is operationalizing and expanding the Eastern Flank Deterrence Initiative with Allies, rapidly integrating emerging technologies into training and tactical plans. (U.S. Army photo by Sgt. Aaron Kaczur, 196th Mobile Public Affairs Detachment)
Clarity Act Stalls on Ethics Rules Curbing Trump’s Business Interests
President Trump was expected to sit down with U.S. senators Thursday afternoon at the White House to try to resolve the ethics provision blocking the Digital Asset Market Clarity Act, an ethics provis...
Buffalo Bills quarterback is considered 'greatest of his generation'
Three names are locked into the Bills QB Mount Rushmore: Jim Kelly, Josh Allen and Joe Ferguson. This Bills backup should be the fourth.
Tom Holland says he took 'The Odyssey' role because of Zendaya
Tom Holland said the film's production initially overlapped with the next "Spider-Man" movie.
Jamie Dimon said companies need to use AI like 'any other resource'
Dimon said that the bank considers the value AI adds and negotiates with vendors "all the time."
Insider: Warriors feel they're underdogs in LeBron James sweepstakes
The Warriors are reportedly well aware that they're no longer one of the favorites to land LeBron James in free agency.
Jamie Dimon: Access to Mythos is like access to 'ballistic missiles'
The JPMorgan Chase CEO said access to Mythos was a "real issue," one that the US government was scrutinizing.
Heat Receive Major Klay Thompson Update Amid LeBron Watch
An NBA insider shared a major update on Klay Thompson as the Heat remain interested while monitoring LeBron James. The post Heat Receive Major Klay Thompson Update Amid LeBron Watch appeared first on HEAVY.
Trump is taking longer to approve disaster aid and denying Democratic states more frequently
Americans are waiting longer for disaster aid under President Donald Trump, with delays often lasting weeks or months
After six years, Trump brings his election obsession to primetime at the White House
President Donald Trump is making a primetime address to the nation that's expected to include discussion of election issues | KNSS Radio
Trump’s address is likely to cast new cloud over midterm elections
President Donald Trump has passed up multiple chances to explain to Americans how his latest escalation will win the war in Iran or how he’ll alleviate their perpetually high costs for groceries, housing and fuel.
South Los Angeles business owner says crime, drug activity push neighborhood to breaking point
A South Los Angeles business owner says ongoing crime, drug activity and trash outside his auto body shop have created unsafe conditions.
Couple making $120,000 with laundromat side hustle as passive business trend booms
The couple hopes the unexpected booming business will create more flexibility and freedom in the future.
5 Maryland residents who traveled out of state have measles, health officials warn
The Maryland health department said that people who visited the Carroll Hospital Center Emergency Department waiting room in Westminster between 2 p.m. and 5 p.m. on July 13 may have been exposed.
Hirono grills Blanche at nomination hearing
The senator accused Blanche of condoning the president's 'weaponization' of the Justice Department against political enemies
Trump says Iran released American woman held since 2024 in 'gesture of goodwill'
President Donald Trump said Iran released an American woman who he said had been wrongfully detained since December 2024. The woman was later identified as Dena Karari.
PlayStation's Summer Sale Includes A Ton Of PS5 Games That Cost $15 Or Less
A lot of Resident Evil, Mortal Kombat, and Star Wars games are on sale for less than $20
Uber Announces Acquisition Offer for Delivery Hero
Cash consideration of €41.50 per share offered to all Delivery Hero shareholders, representing an Equity Value of $14.8 billion, or $13.7 billion adjusted for Uber’s prior stake purchases The transaction is expected to be accretive to Non-GAAP EPS upon close; high-single-digit percentage accretion by year three Delivery Hero has separately agreed to sell part of its business covering 14 markets to SSW Partners Management Board and Supervisory Board of Delivery Hero unanimously welcome and support the Takeover Offer and intend to recommend Delivery Hero shareholders to tender into the offer, subject to their review of the Offer Document Prosus has irrevocably committed to tender their shares, which would bring Uber’s total economic interest to ~53% Uber Technologies, Inc. (NYSE: UBER) has entered into a business combination agreement with Delivery Hero, extending the world’s largest mobility and delivery platform to a total of 99 markets, with combined pro-forma Gross Bookings of $236
Sen. John Cornyn undecided on President Trump’s pick for U.S. Attorney General
Cornyn is a key vote that could decide if Todd Blanche’s nomination moves forward to the full Senate.
Wildfire smoke raises health concerns for Mid-Michigan outdoor workers
Smoke from Canadian wildfires is moving into Michigan, creating air quality concerns for people who spend long hours outside.
Messi hails 'special' World Cup win over England
Lionel Messi hailed a "special" win after Argentina beat England to reach the World Cup final, with the veteran at the heart of a come-from-behind 2-1 win.He said Spain, who beat France 2-0 to reach the final, were "a fantastic side, wonderful players".
ZeniMax Online Studios leadership to exit as part of Xbox cuts
There are major changes happening atop Maryland-based ZeniMax Online Studios, developer of the Elder Scrolls Online, Game File has learned. Joe Burba, a 14-year veteran of the studio who was appointed to run it last July, is departing, along with ESO executive producer Susan Kath, studio game director Rich Lambert and production director Ala Diaz. Their roles were listed among hundreds of others cut last week from the Maryland offices of ZeniMax, in a WARN letter sent to the state by ZeniMax and obtained today by Game File. Tonight, BUrbam Kath, Lambert and Diaz notified Zenimax Online Studios workers of plans to “transition” to a new leadership team consisting of promoted ZOS veterans. That transition will occur “over the next few months,” they told workers, according to a copy of the notice reviewed by Game File. “We will remain in place during the transition period to help ensure a smooth handoff.” Last week, Microsoft laid off of 1,600 workers across its vast gaming teams in locations around the U.S. and abroad. Just who has been impacted and how hard various studios have been hit has been emerging day by day. Game File reported last week that Microsoft/ZeniMax notified officials in Maryland that 379 gaming jobs were being cut across the state. They tallied cuts in two locations: one for ZeniMax Media Inc. (covering Elder Scrolls/Starfield/Fallout-maker Bethesda Game Studios and central Bethesda game publishing) and one for ZeniMax Online Studios (Elder Scrolls Online). More than 200 jobs were cut at the latter. Last week’s totals did not reveal job titles, nor did Microsoft announce any leadership changes in the ZeniMax group. That has now happened. Earlier today, Game File obtained from Maryland officials a breakdown of the 379 impacted roles, which, extraordinarily, included “studio head.” Microsoft later confirmed to Game File which studio head that referred to: ZeniMax Online Studios’. Microsoft has since has notified studio employees and internally announced new leadership. ZOS will now be run by Josh Henderson, previously head of business operations at the studio, and Nick Giacomini, who was promoted to game director for ESO last August. Game File is a reader-supported publication. To receive new posts and support my journalism, please consider becoming a free or paid subscriber. Subscribe Last week’s news of 200+ cuts at ZeniMax Online Studios generated public sympathy for those workers and questions about the long-term viability of the Elder Scrolls Online. ESO is a massively multiplayer online game that inherently persists on the strength of new content being developed for it. Earlier today, fans and workers in Maryland protested the cuts at the ZeniMax teams in a rally organized by the Communication Workers of America, the union that represents many of the impacted employees. Regarding concerns around the game, a community manager stated on Saturday: “The plan is still to deliver great content, and we will hopefully have an update soon.” In their note to the studio today, the outgoing leaders of ZeniMax Online Studios predicted “growth” for the game: We have tremendous confidence in Josh and Nick, the future of this studio, and the continued growth of ESO. With exciting experiences still ahead for our players as we wrap up work for Update 51 and beyond, we believe that your passion, creativity, and commitment to each other and the community will continue serving as the heartbeat of ESO. The list of jobs cut in the ZeniMax WARN notice in Maryland includes several very senior roles, including: Studio Head Studio Operations Director Studio Game Director Studio Audio Director Studio Art Manager Vice President and Controller VP, Global Sales & Business Development While some of those job descriptions match the exiting ZOS leadership team, Game File couldn’t verify if all were from that studio. The full list of cut roles shared by Maryland officials also covers workers at Bethesda Game Studios and its central publishing office. The following is an excerpt: The list of 379 eliminated ZeniMax jobs in Maryland also includes: four animators three bilingual CS (community service) leads for Chinese, Italian, and Japanese a creative director for the Elder Scrolls Online Player Life Cycle two food service workers seven producers more than 60 senior QA testers. and many others The WARN notice states that almost all of the 379 workers were notified of their layoff on July 6. In fine print, it states: “Approximately 9 employees were notified of the elimination of their position prior to July 6, 2026.” A 2021 mega-merger scaled back Microsoft announced in 2020 that it intended to buy ZeniMax and its network of game studios in 2020, and closed the $7.5 billion deal in March 2021. The purchase, which preceded Microsoft’s acquisition of Activision Blizzard, added several award-winning studios to Microsoft’s portfolio, including Bethesda (Elder Scrolls, Fallout), Arkane (Dishonored), and id Software (Doom). The studios’ output since then included a 2024 Game of the Year contented from MachineGames in the form of Indiana Jones and the Great Circle along with Starfield from Bethesda and the poorly-received Redfall from Arkane Austin. In recent years, a Microsoft repeatedly in cutback mode closed ZeniMax’s Tango Gameworks (which was reconstituted by Krafton) and closed Arkane Austin. The Xbox cuts last week have hit the ZeniMax group hard, with 158 jobs eliminated in Texas, many of them at id, and 379 from the ZeniMax teams in Maryland. Xbox also said last week that it would be entering a consultation process around Arkane Lyon, a process expected to end in a sale, shutdown or other form of divestment. The Lyon team has been working on a game tied to Marvel’s Blade vampire-hunting super-hero.
Chico City Council approves entertainment zones for downtown and Meriam Park
CHICO, Calif. - Chico City Council voted 6 to 0 to approve an ordinance creating entertainment zones in downtown Chico and Meriam Park.The ordinance, taking effect September 18, 2026, will allow customers to carry approved alcoholic beverages and walk around outside within those designated areas."I feel like the downtown could use all the help it could get right now," said Celeste Cramer, general manager of Downtown Chico Business Association. "In the other areas where they have been doing the entertainment zones and throughout California, it has increased their sales. They haven't seen an increase in violence, or tickets, or anything like that. It's a good thing to try out."Numerous other cities around California such as Redding, Sacramento and San Francisco have put their own entertainment zones into effect and have had success.Action News Now stopped by both designated locations and spoke with organizers and bar owners."I'm super excited, I think this is an opportunity for us," said Scott Baldwin, owner of Argus. "We can get a booth at the farmers market. You can order a cocktail from that booth and then we'll have it ready for you at the door as you walk through. Think of it as a picnic situation. You can grab some tacos, you can get a Kentucky Buck. You can sit down anywhere in the entertainment zone and enjoy Argus outside of Argus."Chico's Chamber of Commerce hosted community stakeholder meetings and community engagement sessions to tailor the ordinance to the city's needs as a university town and rural area.The ordinance will allow people 21 and older to walk around with open containers of alcohol within the entertainment zones as long as they have a wristband, stamp or another visible marker showing they're allowed to do so."To us it's more than an ordinance," said Jen Rothenwander, marketing manager at Meriam Park. "It's an opportunity to invest back into the community, and to continue to do what Chico does well – which is to create the spaces for people to stick around and gather, and shop and spend."The Meriam Park entertainment zone will be enclosed by Springfield Drive, Alcott Avenue, Notre Dame Boulevard and E. 20th Street.The Downtown Chico entertainment zone will span mostly from Highway 32 to Lost Park.Chico Chief of Police Billy Aldridge spoke with Redding Police and was informed they had zero problems with their entertainment zone.Chief Aldridge endorses the ordinance in Chico. freestar.config.enabled_slots.push({ placementName: "actionnewsnow-com_blox_yup-rectangle-one", slotId: "actionnewsnow-com_blox_yup-rectangle-one", targeting: { "pos": "yup-rectangle-one" } });
What Blanche said about Trump, Epstein files during confirmation hearing for attorney general
Acting Attorney General Todd Blanche tried to assert his independence from President Donald Trump during his confirmation hearing Wednesday before the Senate Judiciary Committee.
Vance says Trump administration ‘screwed up’ communications around Epstein files
Vice President JD Vance said the Trump administration “absolutely screwed up the comms” around the Jeffrey Epstein files and should have released everything immediately, while insisting the administration was not trying to conceal information.
Residents ask Hillsborough to stop funding Israeli business nonprofit
The Florida Israel Business Accelerator has helped nearly a dozen Israeli businesses open offices in Hillsborough County.
We Tracked Over $780 Million in Fundraising for Trump’s Presidency
The president and his allies have built a network of groups financed by wealthy donors and businesses that is advancing his priorities with little public disclosure.
Former Marine running for Congress says Trump is the Antichrist and 'must be killed' in shocking video
William Upham, a Florida 5th District write-in candidate, posted a video on social media calling President Trump "the Antichrist" and saying he "must be killed."
Sarasota parking hours backlash: Residents, business owners push city to reconsider
Residents say new downtown hours are a threat to livelihoods.
A tale of two Trump flip-flops
The president undid everything the Logoff wrote about this week.
Miguel Vargas is the Turnaround
Once the face of the South Side’s darkest days, he has become the symbol of its improbable revival
Water main break triggers boil water notice, forces business closures in Sumner County town
A boil water notice issued Wednesday by the city of Westmoreland is forcing businesses to close and residents to scramble as officials work to restore safe water service.
Thune says he defers to McConnell and team on health updates
Senate Majority Leader John Thune said there have been absences from members of Congress for extended periods of time on both sides of the aisle when asked by NBC News' Ryan Nobles if there needs to be more transparency.
Rep. Kim Schrier raises concerns over Enchantments, wildfire risk and health care costs
U.S. Rep. Kim Schrier, D-Wash., said growing visitor numbers, reduced federal staffing and rising health care costs are among the issues weighing on residents
Hochul's order of a data center moratorium draws mixed reactions from N.Y.
Community groups have pressed data center developers on issues such as water use, air quality and rising utility costs for nearby residents.
Suspect arrested for murder in deadly beating outside Las Vegas business
Authorities say they've arrested a suspect in connection with the deadly beating of a man outside a Las Vegas business last week.
Trump weighing options for expanding military operations in Iran
President Donald Trump has been receiving options for expanding the military operation in Iran, according to people familiar with the matter, including during a Situation Room meeting on Tuesday.
Trump administration 'screwed up' Epstein files communication, Vance says
During a lengthy podcast interview with Joe Rogan released Wednesday, Vice President JD Vance pointed largely to former Attorney General Pam Bondi, who infamously stated that an alleged “client list” of Epstein’s was “sitting on my desk right now.”
Trump endorses 'Pillow Man' Mike Lindell for Minnesota governor
Trump praised Lindell as “one of America’s greatest and most hard working Patriots” and gave formal backing to a fellow election denier a day before the Republican president delivers a national address he says will focus on election security.
SF supes give final OK to cannabis cafes to offer food, drinks and entertainment
San Francisco may become the first city in the Bay Area to license cannabis cafes that will allow consumers to enjoy food, beverages and live San Francisco supervisors gave final approval to cannabis cafes that can serve food, beverages and entertainment alongside onsite cannabis consumption, pending the mayor’s signature.
Science-based testing powers better health at Plus10 - Cross Timbers Gazette | Southern Denton County | Flower Mound
Flower Mound resident Yves Lafortune has competed in his fair share of Ironman events, 100-mile runs, and national-level triathlons over the years. And if you ask him if he plans to do more, he wouldn’t hesitate to say yes. Clearly, the challenge isn’t finding the passion or commitment to keep going. As a lifelong athlete, […]
The States Try to Topple WarnerMount…Thus Begins the Local Antitrust Era
(Welcome to the “Most Important Story of the Week”, my bi-weekly strategy column analyzing the most important (but often not buzziest) news story of the last two weeks. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. Please subscribe.) Well, it looks like it’s time for another strategy column. Can I finally avoid writing about M&A? No, it seems I cannot. Admittedly, I’m a week early with this column, since I usually put it out every other week. But this news couldn’t wait. This will make three “Most Important Stories” in a row with a merger or acquisition as its centerpiece. First, Roku-Fox (an acquisition), then Comcast-NBCUniversal (a divestment!), and now the State AGs and the WGA’s lawsuits against Paramount’s pursuit of Warner Bros. Discovery (antitrust). M&A is usually the “most important” topic any given week, simply because a giant company merging or breaking up (or preventing those outcomes) can have the biggest impact on the streaming board. If you think about these companies as players in a game, changing the number of players is one of the biggest changes you can make. I shouldn’t really complain, either, since this lawsuit is very good news for customers and suppliers (econ speak for talent, workers and indie studios in Hollywood). So let me answer some questions about this potential trial, along with (shudder) making some heavily caveated predictions. I’ll also look at whether Hollywood must consolidate, whether or not the states can win, trouble at X-Box, Netflix’s YouTube binge, and more. Plus, I have five images that visualize this merger and the harm, including three brand new data looks you’ve never seen before. Subscribe Most Important Story of the Week - Can The States and the WGA Stop Hollywood’s Consolidation (Crisis)? If every other newsletter and news outlet is writing about the same story, I try to avoid writing about it as well, but I can’t ignore a story this consequential. The story of the last year was the fate of Warner Bros. Discovery, and this development potentially extends that saga into 2027. As I tried to figure out my angle, I realized, like my last column, I’m again faced with a series of questions. These questions, though, are much more forward-looking. Will the states win? Will the WGA win? If so, what happens to Warner Bros. Discovery? Either way, will this chill the market for future mergers? So you know what that means: predictions. About the future, no less, the hardest thing to predict.1 Just remember: nothing here comes with a guarantee. And the more confident someone is in their predictions, the less you should trust them. This situation is incredibly fluid, nuanced, uncertain and tenuous. So let’s try to explain what may happen. Question: Why File this Lawsuit? I’ll admit, a few months back, I was fairly pessimistic about the fate of this lawsuit. Rumors had started bubbling up that the state Attorneys General (in particular California) wanted to settle with either some minor divestments (usually CNN) or behavioral remedies. And that tracked for me: the states usually settle lawsuits, like the recent John Deere right-to-repair suit. Yet, they plan to fight this. (As they did the LiveNation-Ticketmaster monopolization trial and the Nexstar-Tegna merger.) Honestly, that also makes a ton of sense. Frankly, this move is just good politics for these State AGs. Most are still running for higher and higher office in blue states—some folks have emphasized that only Democratic AGs joined this suit, but given the Ellison/Trump ties, and fears of retribution, that tracks—and a high profile case like this will help them move up the electoral ladder, especially since Paramount and its leadership (the Ellisons, father and heir) have sided with the other side of the political aisle. That makes them unsympathetic to Democratic voters and Hollywood workers in particular. Why did this lawsuit happen? In addition to the very real concerns about industry consolidation, this is why. That said, I don’t think we would have seen this lawsuit for Netflix and Warner Bros., simply because they’re more sympathetic and aligned with Democrats. But those consolidation concerns are real. The “town”—meaning Hollywood and such—really is seeing the damage of mergers on this industry. That’s why the WGA also filed its own lawsuit in defense of workers as well. (Wildcard: What about Europe? Will they try to stop the deal, too? There have been some rumors out of the UK they may try to fight the deal, and UK enforcers just stopped a Getty Images-Shutterstock tie up, so there is precedence. This argument could go either way, though. On one hand, the EU doesn’t need to step in, cause they states are handling it. On the other hand, this could make the EU’s case easier. Just imagine if both sides coordinated. I’ll simply say, “We’ll see!”) Question: Will The State AGs or the WGA Win? Can the state AGs play David to Paramount-Skydance’s Goliath here? That’s really the whole thing, isn’t it? If you know this result, you could make a lot of money. When things are uncertain, it’s tempting to shrug and say, “Eh” meaning it’s a 50/50 proposition. I wouldn’t, though. When in doubt, you should expect that the merging parties succeed. AT&T did successfully buy Warner Bros., after all, and Disney bought Fox without any challenges. Many judges are extremely sympathetic to mergers, and I’d bet the state AGs get a judge who will allow the merger. (Even Obama-appointed judges often allow mergers.) As I understand it, we’ll see two main attacks. First, theatrical films. The AGs are arguing that, when it comes to share of box office and the number of both “wide releases” and blockbuster (or “tentpole”) films, the merging parties will have over 27% market share. Now, the Supreme Court once ruled from on high that any merger that exceeds 30% is presumptively illegal, but that’s guidance, not an ironclad bar. Still, the states will have to argue that this is close to having too much power, and with that power, this will likely further worsen the theater/studio splits in particular. Indeed, as Matthew Stoller pointed out, “just five studios are responsible for 95% of all blockbusters; if this merger goes through, then Paramount and Disney will control 60% of that.” So yes, movie studios will be very concentrated after this merger. Want me to visualize some of that? Well, here’s the share of films that grossed over $200 million at the domestic box office since 2022. (Note: this isn’t all films released in over 3,000 screens, but it is a good look at market power.) First, here are the 43 films by studio: Notice all the blue (Disney), orange (Universal), and purple (Warner Bros)? Yeah, those studios are powerful, and this combines Paramount with one of them. Here’s the look by studio and share of the films that grossed over $200 million: Now, if you look at that and also think, “Huh, should we break up Disney?” I’m with you. I’ve seen some folks poo-poo this idea that this is a real category, but it is! For an upcoming article, I’ve been pulling data on the share of top 100 films at the box office as a share of total box office, and it’s massive. Here’s the chart: (This analysis looks at The-Number’s top 100 films and total domestic box office each year.) To be clear, tentpoles make up 80.7% of the box office each year, so I do think it’s a genuine market. (To be clear, films grossing over $50 million make up 80% of the domestic box office, and films grossing over $100 million make up 64.1%.) I mean, the top 100 films at the box office make up 95% of each year’s grosses. Worse, the combined studios will likely cut output to flex that market power. Everyone can just look at what happened to Disney and Fox to see the precedent. (With fewer films, the remaining theaters have to give more for those few films that remain.) Here’s an image I’ve used a lot, the share of wide-release films from Disney and Fox over time: The AGs will also argue that this consolidation will also impact the cable industry. In this case, the consolidation is actually worse, but that environment is…complicated. Paramount will argue that the cable industry is shrinking. That said, predictions that cable will “go to zero” also don’t look very well supported by the data, as the declines are shrinking, meaning “cable” or “vMVPDs” will likely stabilize at some point. Can the state Attorneys General win on those two main arguments? I honestly don’t know. Again, I’d bet no, since history in general supports that, but it depends on the judge/jury and how they interpret the arguments. Notably, Paramount won’t face accusations about monopoly power in other areas, like streaming, news, sports rights, or vertical integration. I tend to disagree with leaving out sports rights, but I also see the appeal for a simpler case. The states also aren’t really pushing novel theories about labor harm either, which should help. (By the way, Sean McNulty at The Ankler wrote a great run through of potential options, and Capitol Forum also wrote a great paper on theatrical consolidation. Both these pieces predated the lawsuit. Matthew Stoller is also out with his analysis of the pros and cons of the case too.) In some ways, the WGA’s case is even stronger. Quoting Sean McNulty’s summary: “The WGA is citing WARNAMOUNT as crossing a 30% market share in multiple sectors, a number that the Supreme Court has precedent for deeming “presumptively anticompetitive” in a market. According to the WGA numbers, WARNAMOUNT would have represented: - 35% of film writing jobs between 2021 and 2024 - 36% of TV writing projects between 2022 and 2025 - 38% of overall deals between 2021 and 2024” Notably, antitrust enforcers did win recently in the Penguin-Simon & Schuster merger by focusing on labor impact, so don’t count this thinking out. (Wildcard: Will the states try to get a jury trial? Most likely no, they’ll let a judge handle it. If I’m them, though, I’d try to put this in front of a jury. Juries tend to understand monopoly power in a more realistic way than judges faced with legions of economists.) Question: What if They Win? What if They Lose?
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