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Gabe Newell Just Bought A $70 Million Mansion In Florida
Only $70 million, practically a steal
He fled Iran for the American dream, became a millionaire, and could have retired—instead, he built the health tech that saved his father from cancer
Health tech millionaire escaped Iran with nothing—now he skips lunch, spends $500 a month on carrot juice, and bought his whole team Rolexes.
Pizza Hut bought by private equity firm that owns 24 Hour Fitness
P.E. firms have bought up restaurant chains in recent years, but they have a mixed track record when it comes to turning them around.
Why I’m voting Democrat
It makes no sense to be a Republican in Colorado. Or a Democrat for that matter. On the day I turned 18, even before I bought my first legal 3.2 beer (remember 3.2 beer?), I went to the courthouse and registered to vote (remember registering to vote?). I joined the Republican Party. Even at 18, […]
EXCLUSIVE: Flexjet buys Steve Varsano’s The Jet Business | Corporate Jet Investor
TikTok’s favourite business jet broker has been bought by Flexjet. Steve Varsano, founder of The Jet Business will become president of Flexjet.
Crown family’s Richard C. Goodman sells Oak Street condo
Goodman, who has been a managing partner of the Crown family’s investment firm, bought the condominium in 2013.
New OMB rule could break science in the United States
The drug that saved your mother. The treatment your doctor recommended. The clinical trial that bought someone you love more time. None of it was inevitable. It required a system built to operate outside politics and sustained over decades, because science doesn’t operate on the timeline of a politician. That system is now under direct threat. The Office of Management and Budget (OMB) has proposed a new rule to regulate all federal grants, not just science, but housing, education, defense, NASA and everything in between, that would fundamentally change how research is conducted in the United States. There have been a lot of fires in the past 16 months, and if everything is an emergency, nothing is an emergency. But this is a very big deal. These rules would strip away the independence that has kept science from becoming a political tool. The good news is there’s still something we can all do. How the grant system was designed to work When I was a new faculty member, I was full of millions of ideas, so I sat down and wrote an NIH proposal. I worked on it for months and thought it was so good. Then I sent it to my mentor. It came back covered in comments. Places where my reasoning wasn’t as airtight as I’d thought, methods that could be stronger, gaps in my thinking that I had been too close to the work to see. It stung, as honest feedback always does, but peer review almost always makes the work better. In fact, it’s the backbone of how American science has functioned for generations. At NIH, submitted proposals go to a panel of scientists who have experience in the field. These are the people who can read research methods and spot their weaknesses, who understand when an experiment is designed well and when it isn’t. Applications are scored rigorously, and often only the top 3-20% of proposals receive funding. The people making funding decisions are required to justify them based on these reviews. To be clear: this is not a perfect system, and good science still goes unfunded more often than any of us would like due to limited resources. There is also criticism that peer review may undervalue bold ideas that are risky but could have high payoffs. But the peer review system is nonetheless a meaningful part of the grant selection process. While thoughtful and careful changes could improve the system, the changes being proposed by OMB will not make things better. The rule that could change everything Through this OMB proposal, the system that helps decide what gets funded is being dismantled. There are many troubling elements buried in this proposal, but three provisions stand out in particular. Each would be damaging alone. Together, they would change what kind of science gets done in America, and who it serves. 1. Political appointees would decide which science gets funded, and peer review would be explicitly sidelined or ignored. The guidelines your doctor follows, the standards that determine what’s in your air and water, the drugs that get approved for your family: all of it starts with a funding decision. Right now, that decision is made by scientists who can evaluate whether the work is actually sound and whether it could move the needle forward. Under this proposal, funding decisions could be made by political appointees. The careful, expertise-driven review process that shapes grant funding would be effectively sidelined. That means that a poorly designed study could get funded simply because someone in a political office liked the sound of it, while rigorous, important work doesn’t get funded because it no longer aligns with the administration’s priorities. In other words, critical work that benefits all of us could now be missed just because it has become politically inconvenient. 2. Grants could be canceled at any point, without warning, in the middle of ongoing work. Say your tax dollars have been paying for a cancer study for two years. The grant was awarded for five years, so the team is mid-experiment. There are three additional years’ worth of answers that could change how the disease is treated for hundreds of thousands of people. With this new rule, the federal government could cancel the remaining funding tomorrow, walk away from the commitment it made with your money, and have no legal obligation to finish what it started. This is a huge waste of money. There are rarely other sources of funding for this work, which means the team, the graduate students, postdocs, and research staff who have dedicated years of their careers to this project could lose their jobs. Patients who have contributed their time to studies may not see it turn into useful learnings for others. Every hour of work already completed could result in nothing useful. Science can take decades to get to tangible outcomes. It needs a stable funding system to flourish. 3. Researchers would have a harder time communicating their findings without pre-approval from the federal government. There is a saying from Sir Mark Walport: “Science isn’t finished until it’s communicated.” Science is no use to anyone if it is kept locked away in the labs that produced the data. The proposed rule could make communicating research findings harder in a number of ways: Make it harder for scientists to widely share their findings in scientific journals. Publication costs, including journal fees that allow for broad public access, could not be paid for by federal funds which is often how scientists pay these costs. Restrict researchers from engaging publicly about how their findings should inform policy or public health guidelines. This would restrict scientists from doing the work that transforms years of lab work into decisions that actually affect people’s lives. Make it harder for scientists to attend conferences. Conferences would now need to be approved by the federal agency at the time of grant award. This disadvantages conferences or publications that are not politically aligned. Conferences are a key way in which scientists learn about work happening in their field so they can collaborate and build on each other’s findings. What good is science with a muzzle? The long-term impact These changes could (and hopefully would) be reversed under the next administration. But by then, damage has been done. Once projects are halted or denied funding by political appointees, people leave their science careers for other paths or even leave the country to do their amazing science elsewhere. You cannot pause a scientific study the way you pause a subscription you decided isn’t useful anymore. You cannot freeze a research team that depends on salaries to feed their families, causing a scramble for replacement funding that, in most cases, simply does not exist. When the money stops, everything stops, and all the work in progress and its potential are lost. Despite all of the language about reducing waste, fraud, and abuse, this new proposed rule increases the administrative burden tremendously. Every researcher watching this unfold will make a rational decision: don’t start anything that will take a decade to finish. This includes not building a team around funding that could vanish, or asking the big questions that need patience and stability to answer. The most consequential science, the kind that produces the treatments and the breakthroughs that reach your doctor’s office twenty years from now, is exactly the science that would be abandoned first. This is still a proposal, so we can all do something Some worry this rule is already a done deal. But by law, OMB is required to open a public comment period. Those comments matter because they inform members of Congress, they can be used in litigation, and they create a public record. So here’s what you can do: Submit a public comment. The public comment period on this proposed change is open until July 13. Anyone can submit a comment, and OMB is required to respond to substantial ones. Each comment must be different to count as distinct; identical comments will be counted only once. Comment as an individual, not on behalf of your organization. Here’s a full resource to help you, with useful examples, but in general: Share a story about how science or federal funding has benefitted you or is involved in your work. Are you or someone you loved a cancer survivor? Do you know someone with Alzheimer’s? Have you received NIH/NSF or other federal funding? All of these can be stories you use to highlight why you care. Explain why you’re worried about these proposed changes. You can use the wording found here or in other resources to help you. Ask them to withdraw this proposed rule. Contact your elected representatives. Congress allocates money to federal agencies to spend, and it has oversight of how that process works. You can let your representatives know this proposed change concerns you and ask them to intervene. There are levers they can push that can help at this moment. Let others know why federal funding matters. This isn’t just about science, but ALL federal grants, including for education systems, defense projects, and more. The process, including the importance of federal funding, is invisible to many. We can all make it more visible by sharing how science benefits us and why we value it. You can also share this article, or any of the resources linked here, to help spread awareness! Bottom line We are quickly losing ground in scientific research in the U.S. More changes, like the proposed rule by OMB, would decimate our ability to conduct research here, leaving us all worse off: fewer treatments for pancreatic cancer, less research on pollution impacts, fewer answers for patients with rare disease, and more unaddressed health needs. The impact will be very real for all of us, regardless of where we stand politically. Using our voices for science is more important than ever. Love, LM Big thanks to Dr. Megan Ranney for reading this over and providing brilliant insights, as always. Dr. Liz Marnik, PhD, is Executive Director of The Evidence Collective at YLE and a science communicator and immunologist working at the intersection of public trust, science, and public health. You can find her on Substack, LinkedIn, Instagram and Threads. Your Local Epidemiologist (YLE) comprises a team of experts, ranging from physicians to immunologists to epidemiologists to nutritionists, working together with one goal: to “Translate” ever-evolving public health science so that people are well-equipped to make evidence-based decisions. The YLE suite of newsletters reaches over 475,000 people across more than 132 countries. This newsletter is free to everyone, thanks to the generous support of fellow YLE community members. To support the effort, subscribe or upgrade below: Subscribe
Tried assisting living for $7,000 but too expensive, bought small home
Lana Mountford, 74, moved from assisted living to a two-bedroom house due to rising costs, managing health issues with a part-timer caregiver.
Caryn Seidman Becker Bought Clear Out Of Bankruptcy. Now She’s A Billionaire.
After conquering airport security checkpoints, Clear’s billionaire CEO Caryn Seidman Becker wants to use your biometrics to unlock doctors’ appointments, baseball games and the rest of your life.
Texas Tech bought a softball superpower — and doesn’t care who hates them for it
Every sport needs a villain and Texas Tech softball is more than happy to assume the role in their run to the Women’s College World Series Finals.
What's being built, bought and planned in Ascension Parish
Here are the latest property transactions, issued permits and upcoming business-related events in the parish. Issued permits A new construction permit for a 12,000-square-foot office and warehouse building on Copperhead Road in Geismar. The project is valued at $400,000 with RW Construction Inc. as the contractor. A demolition permit for the demo of the gym […]
A couple transformed a $45,000 van into a tiny home in one month
Zoe and Kelby Jecker bought a cargo van for $45,000. They turned it into a living space complete with a bed, toilet, and kitchen.
8 Smart Gadgets To Help Upgrade Your TV & Entertainment System
If you've just bought a new TV and you're finding your entertainment center a little lacking, one of these smart additions could add a real wow factor.
8 Smart Gadgets To Help Upgrade Your TV & Entertainment System
If you've just bought a new TV and you're finding your entertainment center a little lacking, one of these smart additions could add a real wow factor.
Clermont Foot set for Franco-American takeover
Ligue 2 side Clermont Foot are set for a Franco-American takeover, as per a report from L’Équipe. Seven years ago, Ahmet Schaefer bought the club for €4m. He presided over the club’s rise fro...
Fertitta Entertainment snags $6 billion sale acquiring Las Vegas Strip icon Ceasars Entertainment
In the latest move after acquiring the rights to the Houston Comets, the Fertitta Entertainment group has bought a staple in Las Vegas culture.
Caesars Entertainment to be bought by Fertitta Entertainment in $17.6 billion deal
Casino giant Caesars Entertainment is set to be acquired by Fertitta Entertainment in a $17.6 billion all-cash deal.
Caesars Entertainment Agrees to $5.7 Billion Fertitta Takeover
Caesars Entertainment Inc. has agreed to be bought by Fertitta Entertainment Inc. in a $5.7 billion, all-cash deal that stands to form a massive entertainment empire in the US.
Caesars Entertainment to be bought by Fertitta Entertainment for $17.6 billion
Caesars Entertainment to be bought by Fertitta Entertainment for $17.6 billion
Caesars Entertainment to be bought by Fertitta Entertainment for $17.6 billion
Caesars Entertainment said on Thursday it would be acquired by Fertitta Entertainment in an all-cash transaction valued at about $17.6 billion, including the assumption of about $11.9 billion of outstanding debt.
Fertitta-Owned Firm to Buy Caesars Entertainment in Nearly $18 Billion Leisure Push
May 28 (Reuters) - Caesars Entertainment said on Thursday it will be bought out by Tilman Fertitta-owned firm in a $17.6 billion deal, as the hospitality billionaire looks to expand his leisure empire. The deal, which will take one of the Las Vegas Strip's most prized casino operators private,
Portland Old Town headquarters sells for lowest price ever as office fire sales continue
A prominent Portland social services nonprofit bought the building for a song, records show.
Got a ticketmaster lawsuit email? Class action suit includes those who bought tickets since 2010
If you bought concert tickets since 2010, you could be owed money from a growing Ticketmaster lawsuit. Here’s how to check and apply.
Kansas City has bought more than 4,500 MacBook Neos for its students
The newly “all-Apple district” will replace 30,000 Windows and Chromebook devices across its public schools.
I was bought out of the family business for $160,000. My relatives each made $3 million when it sold. Was I cheated?
‘Was I cheated?’
OpenAI Bought Company That Offered A.I. Tools for Cloning Voices
The acquisition, Weights.gg, was a sort of social network for creating and sharing artificial intelligence algorithms.
New Business: Campo Enoteca to expand to Nashua; Yamas Greek Eatery opens in Concord
Eric Maxwell bought Campo Enoteca, a farm-to-table Italian restaurant on Elm Street in Manchester, three years ago with the idea he would eventually expand.
Chartbook 449: Voldemort on Threadneedle street. The Bank of England and the "haunted house" of English politics.
Imagine the scene: In some Harry Potter version of 21st-century London, a group of deathless UK Treasury officials gathered from across the last century huddle over warm pints and glasses of Chardonnay. Around the table there are officials from the 1920s, the 1930s, the 1970s, 2022 and today. Inevitably, in May 2026, the subject of conversation is the disintegration of the current Labour government. Despite its huge majority in parliament, it has been reduced to tatters by catastrophic local election result. These exposed the fact that rather than having a government with a clear popular majority, the UK is like most other modern societies divided into 5 segments each of which commands between 26 and 16 percent of the vote. Perhaps unsurprisingly, the leadership at Nos 10 and 11 Downing Street - where the Prime Minister and the Chancellor (Treasury Secretary) work - seem paralyzed. They are caught between mounting discontent over unfairness and the cost of living, and tough fiscal strictures that push them into making unpopular spending decisions. In the London pub, the Treasury officials from across the ages, can barely hide their satisfaction at the latest display of democratic politics caught in the vice-grip of financial logic. “Remember the mur d’argent and the banker’s ramp?” “Just like yesterday!” There are smirks around the table. Then the representative of 2026 pipes up: “One thing you have to say about the current lot (referring to the latest hapless Labour government), you don’t have to teach them about the bond market!” There is a murmur of ascent from the Treasury Mandarins. The trauma of the fiscal crisis of September-October 2022 sits deep. Back then, in the final stages of Tory decay, a ‘mini budget’ that challenged fiscal orthodoxy led to a brief but fierce panic in one of the oldest government bond markets in the world (aka gilt market). Now all you have to do is to mention the “bond market” to hush debate. [ Paul Mason@paulmasonnews In the name of public service, and as ex-economics editor of BBC Newsnight, I offer to do a zoom call, tonight, with any Labour MP who wants to understand why bond markets do not "fall into line" with governments. 1/ 3:57 PM · May 12, 2026 · 466K Views 224 Replies · 674 Reposts · 3.93K Likes ](https://x.com/paulmasonnews/status/2054229532404519082?s=20) “And the funny thing is”, the young man in the huddle continues, “they don’t even want to talk about … ”. There is a sudden hush. Significant looks are exchanged around the table. About? One of the senior figures puts down his glass with a decisive “clink”. He-Who-Must-Not-Be-Named has entered their thoughts. Meanwhile, a few miles away in a grubby pub in Bloomsbury, two conspirators from the camp of Critical Macrofinance huddle over cans of low-alcohol IPA. They look at each other and blurt out loud: “The Bank!” “Everyone in the bloody Labour party is talking about the bond market. But why aren’t they even mentioning … the Bank of England!?” “Why is no one talking about Voldemort?” In Paul Mason’s blogpost, after much chest-thumping about basic fiscal logic, the basic point about the Bank of England is buried in the fine print at #3 in his list of suggestions as to what a radical Labour government might actually be able to do! [ Conflict & Democracy Down with the bond market! Down with gravity! It may seem unfair to focus on Labour MP Paula Barker for her off-the-cuff assertion that the bond market would have to “fall in line” with Andy Burnham, should he replace Keir Starmer as prime minister. But Burnham himself told the New Statesman that Labour had to “get beyond this thing of being in hock to the bond markets… Read more 2 days ago · 100 likes · 3 comments · Paul Mason ](https://htsf.substack.com/p/down-with-the-bond-market-down-with?utm_source=substack&utm_campaign=post_embed&utm_medium=web) Back in Bloomsbury they shake their heads and ask: “Didn’t we learn anything from the Eurozone crisis?” Meanwhile, as if summoned to the conversation by some higher force, the “pink pages” announce: “The days of ultra-cheap government borrowing have come to an end” and Martin “Whizzard” Wolf publishes the graph of the season Look at the UK in 2026, perilously positioned on the upper edge of the pack. No wonder no one in London needs any lessons about the “bond market”. But, look again. Imagine how they feel in Rome. What is London’s nightmare in 2026? The nightmare is that you end up like Italy in the early 2010s during the Eurozone crisis. Once comfortably situated in the middle of the pack, watching with horror as your ten-year yields explode to 7 percent and “spreads” become a national nightmare. One of the largest economies in Europe, a founding member of the euro, stigmatized. But the message of the Italian experience is ambiguous. After all, the stigma didn’t last. In 2026, Italy borrows at rates lower not only than the UK but the US. The US, which, as everyone knows, enjoys the “exorbitant privilege” of being the issuer of reserve, safe asets. What kind of magic is this? How did Italy, in the space of fifteen years, go from being good, to bad and back again? Which brings us back to our dissident friends in their Bloombury boozer and their memories of the Eurozone crisis. Italy never was Britain - with its ongoing fiscal deficits. Without interest payments, on primary balance, from 2000 to 2020 Italy ran a tight fiscal ship. Even in 2008 it barely went into deficit and when it was being put on the rack in the early 20210s its primary surplus matched that of austere Germany. So, what happened? How did it end up stigmatized? Of course Italian politics didn’t help. Berlusconi was at the helm and he had legal issues. But amongst friends in the Bloomsbury pub, Berlusconi is a sideshow, the name we whisper to each other is “Trichet”. From 2004 to 2011 the ECB was headed by Jean-Claude Trichet, ex of the French Treasury, more German than the Germans. After 2009 as the news of the Greek fiscal disaster broke, the European bond markets wento into panic mode and Trichet began a brutal game of cat and mouse. Between 2009 and 2011, Trichet intervened in the bond market to help, only when he thought he had compliance with austerity. When he thought they were uncooperative, he withdrew. In the summer of 2011, he even made direct suggestions to his Italian counterparts in Rome, as to how Italy should be governed. It was this cat and mouse game that drove the bond markets crazy and exposed Italy to a violent squeeze. When Mario Draghi took over the ECB at the end of 2011 and declared “whatever it takes”, the pressure on Italy, gradually eased. It is that starring role that has made Draghi into the towering figure in European politics that he remains today. So now you see why voices in London hush when it comes to the Bank of England. “The bond market” isn’t an irresistible objective force like the weather or an avalanche. It can appear like that. But that depends on the way it is being handled, or not handled by the central bank. Which is why the silence about the Bank of England in London right now is so significant. If you think this all sounds a bit fishy, coming from a left-liberal Keynesian like myself, well, let me introduce you to Robin Brooks, who, to put it mildly, plays on a different quidditch team to me. Here, from the position of a fiscal hawk is Robin’s celebratory account of the Bank of England’s role since 2022; In October 2022, at the height of the bond market blow-up in the UK, something incredible happened. Governor Andrew Bailey told British pension funds the Bank of England would end its support program for the country’s fragile gilt market, drawing a line under how much help the central bank was willing to give to exposed pension funds and - implicitly - the government. By the end of that week, Kwasi Kwarteng - the finance minister - had resigned. Prime Minister Liz Truss would soon follow. This episode is so incredible because it contrasts with what happened in the Euro zone earlier that year. Bond markets in Spain and Italy were under pressure amid high inflation and rising interest rates. In the middle of this, Mario Draghi - Italy’s Prime Minister - resigned, compounding pressure on bond markets of high-debt countries on the Euro periphery. Unlike the Bank of England, the ECB caved. It bought Italian and Spanish government bonds in an effort to cap yields and introduced a new tool that signaled to markets it might do such caps more frequently going forward. Faced with pressure on bond markets, the ECB capitulated to political pressure from high-debt countries like Italy and Spain. The Bank of England stood its ground and toppled the Truss government. This kind of thing has long-lasting consequences. It means markets price a higher probability of yield caps in the Euro zone, which keeps Italian and Spanish yields artificially low, while markets feel free to push up UK yields without fear of central bank intervention. As I flagged in yesterday’s post, this means you really can’t compare UK yields to those of other high-debt countries. The UK looks worse, but only because its central bank isn’t interfering with markets. There’s more to this than just that 2022 episode. The Bank of England has also been much more aggressive in its quantitative tightening (QT) than other central banks. If one motivation for quantitative easing (QE) is to lower bond yields - especially longer-dated ones - then it stands to reason QT pushes yields up. The left chart above shows a four-quarter moving average of UK government debt issuance (black line) in percent of GDP and which sectors absorb this issuance, including the Bank of England (blue bars). The right chart above compares the Bank of England’s accumulation or run-off of government bonds (blue line) with that of other central banks, where this blue line is the same as the blue bars in the left chart. The Bank of England was quicker and more aggressive than other central banks in downsizing its bond holdings, so UK yields will have risen more than elsewhere also for this reason, not just because of Governor Andrew Bailey’s remarks in October 2022. Back in October 2025, after a conversation in New York with friends in British politics, my sense of dysphoria was such that I raised the issue of the Bank of England openly in the FT Since 2008, the UK has slid into a deep economic and political predicament. Growth has stagnated to a degree far worse even than in the 1970s. The Tory leadership’s wager on the Brexit referendum spectacularly backfired, leaving the UK isolated from Europe and at the mercy of its special relationship with the US, many of whose political class regard the UK as a basket case. After years of austerity, the Labour party lurched to the left and then back to the centre. The Tory party has been eclipsed by the populist nationalism of Reform. Any British government should be worrying first and foremost about how to restart growth. Instead, Keir Starmer is beset by shades of the gilt market panic triggered by the Liz Truss government in 2022. The debt level is higher than in recent years, but there is no cause for panic. UK debt is at far from critical levels and of long duration. Whether you want to “take back control” or launch progressive economic policy, a democracy dogged by fear of bond market vigilantes is unhealthy. In a country that is a monetary sovereign, this climate points to one thing: a disconnect between the government and the central bank. Since 1997, the independence of the Bank of England has become a sacred cow. But independence is what you make of it. And in the wake of the gilt market crisis of September 2022, relations between the Bank of England and the UK government need a reset. In normal times, there is no doubt that an inflation-targeting independent central bank can serve a country well. But since 2008, the UK and other advanced economies have not had the luxury of such simple problems. To their credit, central bankers around the world have not stood on orthodoxy. After 2008, the US Federal Reserve rescued the global banking system and, through quantitative easing, it stabilised the Treasury market in the face of huge deficits. In Europe, things were trickier. Both the Bank of England under Mervyn King and Jean-Claude Trichet’s European Central Bank played cat and mouse with national governments. This was a high stakes wager that between 2010 and 2012 escalated bond market tension and triggered a disastrous turn to austerity. Shaken by the impact of those shocks, their successors, Mark Carney and Mario Draghi adopted a more protective stance (assuming you were not the government of Greece). Recall that Draghi’s legendary slogan, “Whatever it takes”, was uttered to face down the City of London’s bond vigilantes. In 2015, Draghi launched QE — financial repression by another name. In 2016, Carney used the authority of the Bank of England to stabilise markets following the vote for Brexit, an exemplary demonstration of how central banks can underpin democratic choice, even when those choices are wrong headed. All these were independent central bankers steeped in the best practice of the 1990s, who recognised that historic crises demanded radical action. It was the price surge of 2021-2023 that poisoned the atmosphere. Though the shock came mainly from the supply side, central banks ended up in the dock. Nowhere more so than in the UK. The Bank of England reacted with aggressive normalisation. Faced with a cost of living crisis, the governor called for workers to accept real wage cuts. In early 2022, as gas prices were at record levels and Russia’s army was poised to invade Ukraine, the Bank adopted a stringent programme of quantitative tightening, elevating interest rates. When the Truss government got itself in trouble, the Bank took almost a week to come to the rescue. Rather than enacting a charade of normality, it is time to recognise that in 2025 the UK faces a period of historic transition. To meet this challenge, what is needed is a new concordat with the Bank. This should not ignore inflationary pressures or the long-run trajectory of debt, but should affirm the priority of reviving investment-led growth. One could follow Donald Trump in demanding interest rate cuts. The Bank could shadow the ECB in its commitment to capping Eurozone yields. But the top priority should be to lay the ghost of September 2022. The Bank’s slowing of QT last month was a concession. An immediate and complete end would send the right signal. Such a concordat will not by itself restore sanity to politics, solve the housing problem or rebuild the NHS. But it would help to lift the fear of bond market crisis, which is paralysing the effort by democratic politicians to answer the fundamental questions facing the nation. Now, that call for a new concordat between government and Bank of Englands seems more urgent than ever. The problem is that in October 2025, Starmer still had some authority. Today the government is in tatters. And when you are the “under the harrow” - to echo a phrase of Montagu Norman’s from the 1920s - it is the worst possible time to consider institutional change. To make general arguments at a time of crisis can only seem like special pleading rather than a general argument for long-term change. The same, unfortunately, is also true for the other basic institutional reform that Britain urgently needs i.e. the abolition of the out-dated first past the post electoral system and its replacement by a moderated form of proportional representation. And thirdly - whilst we are saying the quiet parts out loud - Britain needs to reopen the question of EU membership. What the local election results of 2026 show is that this remains a key issue. And what they also show is that there is a clear majority that would favor a return. Until these basic features of Britain’s political economy are addressed the country will carry on its politics as though in a haunted house, governed by governments that lack actual majorities, conjuring up false constraints whilst ignoring the real ones. This one is for DG and MI. I love writing the newsletter. If you enjoy it too and fancy buying me a coffee once a month, you know what to do. Click below! Subscribe
Seven years after Biden predicted a GOP ‘epiphany’ over Trump, Democrats are moving on
After they bought into a prophecy that failed to materialize, Democratic voters are now demanding less compromise and more combat against the GOP as they lose hope for a gentler politics.
Gigabyte GeForce buyer gets Radeon cooler, five months ago another user got the opposite
GeForce Radeon card found (again) Gigabyte RTX 5060 Ti with Radeon shroud could finally meet its Radeon twin with GeForce cooler. A Reddit user who bought
My grandfather's advice helped me retire early from Google at age 55
A former Googler assumed only people who got rich from their startups being bought out could retire early. He shared the simple investment strategies he says helped him do it.
'The Sports Advisors' Podcast Debuts with LIV Golf Deep Dive
Actionable intelligence from senior operators who have built, bought, sold, programmed, monetized, and scaled sports businesses.
A couple lives in 527-square-foot tiny house; it saves them money
Jessica Rust and her husband bought a tiny home outside New Orleans for $37,500. Thirteen years later, they love the financial freedom it gives them.
Mozilla says 271 vulnerabilities found by Mythos have "almost no false positives"
The developer of Firefox says it has "completely bought in" on AI-assisted bug discovery.
I rented my ranch on Airbnb after losing millions. It taught me resilience.
Brent Phillips bought a Texas ranch for himself and his family. When he lost millions in a stock crash, he began renting it out on Airbnb.
[Form 4] Dolphin Entertainment, Inc. Insider Trading Activity
Dolphin Entertainment, Inc. Chief Executive Officer William O'Dowd IV purchased additional shares of the company’s Common Stock in the open market. He bought 3,400 shares on May 4, 2026 at a weighted average price of $1.46 per share, with individual trade prices ranging from $1.42 to $1.51.
This $10 accessory changed how I use my Android phone, and I should have bought it sooner
Multitasking is no longer a chore
Couple bought a 380 sq. ft. shed for $12K, turned it into a tiny home
Meagan and Scott Edson downsized from a 2,000-square-foot home to a 380-square-foot shed. Six years later, they say they love living in a tiny home.
The RAMpocalypse has bought Microsoft valuable time in the fight against SteamOS
Op-ed: Valve has made a dent in Windows' gaming share, but can it keep going?
Emerald Youth Foundation pivots to building its sports complex in Five Points
The Christian nonprofit planned to build on Chilhowee Park land, will was forced to change plans. It bought private property instead.
Good Luck Getting a Mac Mini for the Next ‘Several Months’
Apple CEO Tim Cook told analysts that AI adoption has happened faster than expected.
What did Scottish party leaders do before politics?
Reform's Malcolm Offord bought six boats with a fortune made in banking - but other leaders had a life before politics too.
This landmark lunch spot in Freetown will close later this month
Owner Robert Autin, who bought the business in 2017, announced the closure on Facebook Thursday
Quit her job, moved to Italy, and bought a villa in Tuscany to rent
After moving to Italy, Linda Meyer started a Facebook group, inviting women stuck in the same midlife rut to visit and experience her village.
Riverview apartments sell for $7.5M below 2021 sale price
The community just off Interstate 75 was bought by a Virginia real estate investment firm.
Newsom PAC bought thousands of memoir copies about his hardships, juicing sales
Campaign finance filings reveal Gavin Newsom's PAC bought 67,000 copies of his memoir for over $1.5 million amid his 2024 presidential positioning.
Skild AI Acquires Zebra Technologies’ Robotics Automation Business
Skild AI, a fast-rising startup that makes software to help robots learn to complete tasks, has bought the robotics automation division of Zebra Technologies Corp., marking its latest effort to broaden its reach in a hot segment.
My Ex Bought Our Son a Much Too Grown-Up Gift for His Birthday. He’s Only 6!
This is totally inappropriate.
'Cherki has bought true freedom and creative magic'
Manchester City are finding their stride at the perfect time and it's the most daunting of warnings being issued simultaneously to those of an Arsenal persuasion. Mikel Arteta's side stumbled and Pep Guardiola's players pounced and at the heart of that deadly punch was Rayan Cherki, who grabbed the Chelsea game by the scruff of its neck to take all three points. Chelsea frustrated and on numerous occasions threatened to do their London rivals a favour in the first half on Sunday, but it was City who stood firm, albeit whilst not creating too much themselves.
Inside a decommissioned nuclear silo from the Cold War
Nik Halik, an entrepreneur and venture capitalist, bought a decommissioned nuclear silo for more than $10 million. He plans to turn it into a data center.
Seniors: Dennis Ouellette, 80
Ontario Orchards owner not slowing down as he grows his farm market By Stefan Yablonski The seeds for Dennis Ouellette’s career path were sown when he was 6 years old — and he isn’t slowing down. “Since age 6, I grew up an agriculturalist. That is 72 years. Started out with a 37-acre farm when I bought it from my parents and built it up to almost 300 acres. Brought it back down to around 200 acres now,” he said. The location of his business was just a barn, a horse barn, he said. “In 1967, it officially became Ontario Orchards Farm Market. My wife [June] and I graduated [high school] in 1964 and three years later we became Ontario Orchards. We have been here more than 60 years,” he explained. “It is the same location. We have expanded over the years as the customers mentioned different things; we have expanded to bring in different products. “What keeps me going is I totally enjoy what I am doing. I enjoy the people that I work with. The customers are wonderful. Mostly, more important than anything, is my family — my wife, my daughters, grandchildren, son-in-law — we are still very much a family business I’m not going to retire just yet.” He also enjoys the changing seasons. “Ontario Orchards is a four-season business. There is always something new; more energy, more interest. Not only for the business but for my staff, the people that work here. Things keep changing, changing. We are always looking forward to something new and exciting,” he said. They work with quite a number of local farmers within the area and throughout the state, throughout the country and from around the world.” “We do have things from different countries around the world. But specifically, we are very excited about the local. We have an over 200-acre farm. We sell just about everything we raise on that farm right here at the farm market. For example, we press cider year-round. We make baked goods every day, year-round. We sell our apples 12 months a year.” “Today, there are so many products in Ontario Orchards that we never would have thought of in 1967,” he continued. “I attribute a lot of that to my daughters. I like the young blood and new energy. That is very crucial to a business, it keeps it vibrant.” What’s his favorite part of the job? “I don’t have a favorite part. I enjoy it all. I have a lot of intertest in other things,” he said. “I have staff that knows so much. I can go to the staff and say, ‘I don’t know what this is, you tell me what this is.’ They are so knowledgeable. It is impossible for one person to know everything in this place. In the summer, staff is about 60; in the winter about 20, 25.” He added that he plans on being around for several more years.
Amazon Luna ends support for third-party subscriptions and game purchases
You'll no longer be able to stream games you bought from EA, GOG and Ubisoft through the platform.
He quit tech and started homesteading. AI brought him back online.
Ryan Courtnage quit the tech company he cofounded and bought 22 acres of land in Creston, British Columbia.
How a custom $84,962 tiny home became a luxury Airbnb
Sakura Kishiro, 26, bought a 400-square-foot tiny home and designed "every square inch." It became a popular vacation rental — and a source of income.
Woman saves money living in a 50-foot narrowboat she bought for $40K
Dottie Turnbull left her one-bedroom cottage and bought a narrowboat for about $40,000. Five years later, she says it saves her money every month.
Sony's gaming division just bought an AI startup that turns photos into 3D volumes
Sony purchased an AI startup called Cinemersive Labs to help improve rendering techniques and gameplay visuals on future games.
StarCraft-Inspired RTS From Former Blizzard Devs Losing Online Multiplayer Because Server Partner Was Bought By AI Company
AI taketh, and it taketh some more
Starcrafty strategy game Stormgate is about to lose its multiplayer modes, due to an AI company buying up Frost Giant's server provider
Stormgate's multiplayer modes are going offline soon as a result of the game's server provider being bought by an AI company, Frost Giant have announced.
'Spurs should have bought De Zerbi in back in February'
Former England captain Steph Houghton and ex-Wales skipper Ashley Williams discuss how quickly Roberto de Zerbi's impact could be seen at Tottenham on BBC Radio 5 Live's Monday Night Club. "Results show Spurs are in a mess," said Houghton.
We bought a $40,000 business and moved into a trailer to run it
We took a risk on a struggling business, lived in a trailer inside the warehouse, and slowly turned it into a success.
Silencer Central acquires vacant Wells Fargo building for future growth
A former Wells Fargo call center is off the market -- bought by its neighboring business for future growth.
Billionaire Aloke Lohia’s Indorama Ventures, Blackstone-Backed EPL To Merge Indian Packaging Business In $2 Billion Deal
The proposed merger comes a year after Indorama Ventures—controlled by petrochemicals billionaire Aloke Lohia—bought an initial 24.9% stake in EPL from Blackstone for $219 million.
Joshua Dat created the viral Mac Patty that saved his business
Joshua Dat bought a deli in Queens to support his family, not knowing it was infested. The business struggled at first but later found huge success.
I always wanted to live in Europe, bought tiny home: why I'm leaving
A therapist from New York wanted to live in Europe for decades. At age 51, she moved into a Dutch tiny home, and learned the style of living suited her, but not the Netherlands.
Gen Z brothers bought a $4,000 pickup truck to start their business—now it brings in $3 million a year
Kirk and Jacob McKinney found entrepreneurial inspiration at a local dump, launching junk removal and reselling business Junk Teens while still in high school.
Man who bought $75 worth of Apple products from a stranger in a car park realizes he might be sitting on a small fortune
A tech enthusiast who bought a bunch of used Apple products off a stranger in a car park was left pleasantly surprised by the haul
Allina Health to be acquired by California-based Sutter Health
Allina Health, one of the largest health care providers in Minnesota, is being bought out by California-based Sutter Health, the health systems announced on Tuesday.
How a MacBook Neo bought for a high school student is worth $50k to Apple
One of the biggest mysteries ahead of the MacBook Neo launch was the price. We’d seen various estimates in the...
Kiké Hernández Buys New Home — And It’s Not in LA
Dodgers utility player Kike Hernandez has bought a new home worth $5.375 million, though it is not located in LA.
Why I want to move back to California after living in Texas
A woman's career took her to San Francisco, Seattle, and Austin, where she bought a house. For her, nothing beats the entrepreneurial spark of the Bay Area.
Trump details his shoe philosophy: ‘I have fun with it’
President Donald Trump disputed a recent report that he has bought members of his Cabinet dress shoes but then offered detailed thinking on why he has replaced top officials’ footwear, saying he doesn’t want his Cabinet sporting sneakers.
Radian Shuts Down Mortgage Conduit Business, Refocuses On Insurance Strategy
Radian Group has ceased accepting new business for its mortgage conduit platform and will wind down the unit over the coming months. The company determined that discontinuing the operation was preferable to selling it, according to company statements.The conduit, which operated primarily through Radian Mortgage Capital, bought mortgages from lenders in the secondary market. It then sold these to investors or into private-label securitizations, sometimes retaining mortgage servicing rights on those loans.
Google closes its $32 billion acquisition of Wiz
Google has officially bought cybersecurity company Wiz, marking the search giant's biggest-ever acquisition.
Family's $1M home renovation included kitchen upgrade, garage addition
Rather than buying a turnkey home, DeAnna Martino bought a house with good bones and remodeled the kitchen, bathrooms, and more for over $1 million.
Mike Richardson Out as CEO of Dark Horse Entertainment After 40 Years
Embracer, the video game holding company that bought Dark Horse in 2022, is installing a gaming exec as interim CEO.
Dark Sky’s Original Creator Made Another Weather App
The legend that was Dark Sky weather is no more. Apple bought that incredible weather app years ago, incorporated some of the tech into its own weather app, and then shut... #AcmeWeather #DarkSky
Three friends built a $240,000 food truck business
Three entrepreneurs bought a former mobile dentistry RV for $5,000 and turned it into a food truck that now generates around $240,000 in annual sales.
Someone bought a Galaxy S26 Ultra early, showing Privacy Display in action, more [Gallery]
Samsung’s Galaxy S26 launch is just days away but, somehow, one YouTuber managed to buy a Galaxy S26 Ultra early...
Galaxy S26 Ultra gets unboxed and compared with iPhone 17 Pro Max ahead of launch
Someone has already bought and unboxed the Galaxy S26 Ultra.
Sisters open Aroostook’s newest health drink cafe
Kassi and Amanda McGary bought Epic Vibes in Houlton in December and celebrated their grand opening in late January.
Pickleball company buys West Loop ice rink near United Center
Pickleball company SPF bought the 22,000-square-foot Johnny's IceHouse East property at 1350-1354 W. Madison St. in the West Loop, near the United Center.
Harris Sold Email List to D.N.C., Then Paid Off 2024 Debts
The national party, which is nearly $100 million behind its G.O.P. counterpart, bought the list for $6.5 million.
Greenwich Entertainment Buys ‘The Scout’ Following Tribeca Film Festival Debut (EXCLUSIVE)
Greenwich Entertainment has bought 'The Scout,' a drama about a location scout, and will release it in theaters.
You break it, you bought it: The medals at these Winter Olympics are fragile
The medals for the United States were plentiful on Tuesday. The question now is how long before they break?
Why Luka Doncic, Dirk Nowitzki-backed investors bought Italian team
A financial group backed by Luka Doncic and Dirk Nowitzki bought an Italian team with hopes of joining eventual NBA, Europe league.
Red Seat Ventures Expands Podcasting Business With Acquisition
The Fox-owned podcasting company bought monetization company Supercast.
I bought a $16 alarm clock to stop doomscrolling. It worked.
I replaced my smartphone alarm with a $16 alarm clock. The small change improved my sleep, focus, and morning routine more than I expected.
1,000 lbs of chicken wings. Local businesses prepare for Super Bowl rush
Restaurant owners are preparing for the Super Bowl, including one local owner who bought 1,000 pounds of chicken wings.
I Bought the Galaxy Z TriFold for Over $3,000. Follow Along as I Test It (Live Updates)
Samsung's buzzed-about new phone was tricky to get my hands on, but I'm excited to use it. Here are my ongoing observations.
Ruben Östlund Admits He Bought a Plane to Make ‘The Entertainment System Is Down,’ Cast Keanu Reeves as an Electrician and Says It’s About Today’s Society: ‘We’re Harming Ourselves and We Know It’
Ruben Östlund teases upcoming 'The Entertainment System Is Down' and the experiment that inspired it, says he bought a plane to shoot it.
Santa Rosa council endorses downtown zone that would permit to-go alcohol consumption
Consuming a beer or wine bought from a nearby establishment would be allowed in two public areas Friday through Sunday, with details still to be worked out.
BIZNOTE: Meet the new owners of longtime West Seattle business O’Neill Plumbing
Tyler and Katie Blanchard wanted to ensure that O’Neill Plumbing - founded in 1917 - would remain a family-owned business. So they bought it. Tyler worked for the Morgan Junction-based plumbing company (a WSB sponsor) for 15 years before becoming co-owner wirh Katie, whose previous career was in health care, with a focus on nursing. ...
Takeda inks big expansion at former Motorola Mobility campus
The pharmaceutical giant is beefing up its distribution space at Innovation Park Lake County, a win for the Chicago developer that bought it just more than a year ago.
Derby cabinetry business to relocate to Shelton after $2.3M building purchase
The owner of a cabinetry business has bought a 15,524-square-foot industrial building in Shelton for $2.3 million, according to land records, and plans to relocate the business from Derby. Cloud […]
A woman and her husband saved $20,000 living in her parents' basement
Caroline Navarrete's parents bought a home and transformed the finished basement into an apartment for their daughter and her husband.
BP accused of ‘insidious’ influence on UK education through Science Museum links
Campaigners claim firm has bought sway over the teaching of science, technology, engineering and maths
Cardiff fans warn WRU against Ospreys takeover deal
Cardiff supporters tell the Welsh Rugby Union they do not favour their side being bought by owners of rivals Ospreys.
A couple turned a run-down RV park in Oregon into a boutique hotel
Robin Singh was feeling stuck in his job and needed a creative outlet, so he and his wife bought an RV park in Oregon and turned it into a hotel.
Amazon Has Big Hopes for Wearable AI — Starting With This $50 Gadget
Several months after Amazon.com Inc. bought artificial intelligence hardware startup Bee, the company said it’s working to make its $50 always-listening wearable more proactive, and indicated a larger revamp is in store.
