Pelican Press

Trial of medical staff collapses after documentary scandal Trial of medical staff collapses after documentary scandal The trial of Diego Maradona’s medical staff has collapsed in Argentina after it was found that a judge involved in the case had taken part in a documentary about it. The judge in charge of the proceedings said the trial, which began on 11 March and was expected to last until July, would have to start again. Seven members of Maradona’s medical team were charged with negligent ********* relating to the former footballer’s death in 2020. They deny the allegations. One of the three presiding judges, Julieta Makintach, stepped down this week. Maradona, a former Napoli and Argentina midfielder, had been recovering at his home in Buenos Aires from brain surgery for a blood clot in November 2020 when he died of a heart attack, aged 60. Among the medical team on trial are a neurosurgeon, a doctor and a night nurse. They claim the retired footballer refused further treatment and should have stayed at home for longer after his operation. If convicted, they face between eight and 25 years in prison. Earlier this week, Prosecutor Patricio Ferrari accused Makintach of behaving “like an actress and not a judge” after she took part in a documentary about the case. As a trailer for the documentary series, called Divine Justice, was played in court, defence lawyer Rodolfo Baque shouted “trash!” at Makintach. Maradona’s daughter Gianinna and his former partner Veronica Ojeda both cried after seeing the footage. It is a violation of court rules for unauthorised filming to take place and the documentary was being filmed without the permission of the court. Following criticism for taking part in the show, Makintach said she had “no choice” but to excuse herself from the case. The trial was then adjourned pending the decision on Thursday, which ultimately was to declare a mistrial. Since beginning, the trial had heard the testimony of almost 50 witnesses, including Maradona’s daughters. The date for the new trial was not initially set and new judges were not nominated. Source link #Trial #medical #staff #collapses #documentary #scandal Pelican News View the full article at [Hidden Content]

‘Popportunity’ knocks for Aussies’ last man standing ‘Popportunity’ knocks for Aussies’ last man standing The shock exit of Alex de Minaur has left *********** men’s tennis relying on the slim shoulders of Alexei Popyrin to carry the load as the last man standing at Roland Garros – with the No.25 seed saluting his new coach Wayne Ferreira as the secret weapon in his Paris rejuvenation. De Minaur’s defeat to Alexander Bublik was a great example of just how unpredictable the clay-court slam can be, with Popyrin accepting that every clash in the third round is likely to be just as taxing and hard to call. But the fact remains that opportunity knocks for the coming man of *********** tennis. He faces Portuguese Nuno Borges in the last 32, a solidly impressive performer ranked No.41, some 16 places below Popyrin. Then, if he can overcome that hurdle on Friday, he will meet the winner of 24th seed Karen Khachanov against No.12 Tommy Paul in the last 16. These are matches he believes he can win – largely because the 25-year-old ********* Open champ always fancies he can beat anybody on his day. That’s particularly true now he’s linked up with two-time *********** Open semi-finalist Wayne Ferreira as his new co-coach alongside long-time fellow South African mentor Neville Godwin. This all began at the start of the claycourt season following Xavier Malisse’s shock decision to break from Popyrin’s team in March, and the player is adamant Ferreira’s now improving his game, just as he previously helped take soaring Briton Jack Draper’s to new heights. In a different way, though. When the 53-year-old Ferreira, who was a top-six player himself, worked with Draper, he tried to get the now world No.5 to employ his huge leftie weapons more regularly and aggressively. “It’s the opposite with me,” smiles Popyrin. “Jack and I have different games. I think I can go ultra-aggressive, and that’s my ‘go to’ when I’m not feeling good – it’s to go for more. “And for me, it’s just about reining that back a little bit. He also came in and really gave that sense of calmness in the team, which was really important for me at the time.” Ferreira also offered a key piece of technical advice. “He really helped me on my backhand side, my weaker side. We tinkered with the grip a little bit. We changed the grip, which made sense for me.” Popyrin’s adamant it’s “worked quite well” as he reached quarter-finals in Monte Carlo and Geneva, and it will need to be as he seeks to defeat former top-30 player Borges, who’s the first Portuguese ever to get this far at Roland Garros. Source link #Popportunity #knocks #Aussies #man #standing Pelican News View the full article at [Hidden Content]

Musk-Altman AI rivalry complicating Trump’s dealmaking in Middle East Musk-Altman AI rivalry complicating Trump’s dealmaking in Middle East Sam Altman, CEO of OpenAI, is seen through glass during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, Feb. 11, 2025. Aurelien Morissard | Via Reuters Elon Musk tried to derail a major artificial intelligence infrastructure deal in the Middle East after learning that his startup, xAI, would be excluded from the initiative, CNBC has confirmed. Earlier this month, OpenAI, Oracle, Nvidia, Cisco and Emirati firm G42 announced plans to build a sweeping Stargate AI campus in the United Arab Emirates. Musk was frustrated that OpenAI, led by personal rival Sam Altman, was tapped for the deal, and he intervened in an effort to get xAI involved, said a person familiar with the matter who asked not to be named in order to speak freely. Musk argued that President Donald Trump would not approve the deal, the person said. The announcement was delayed by several days as stakeholders, including the White House, dealt with blowback from Musk, who has been engaged in a public and legal spat with Altman and OpenAI. The Wall Street Journal first reported that Musk attempted to block the deal. In a statement to CNBC, White House press secretary Karoline Leavitt didn’t mention the dustup. “The United States and the UAE signed a groundbreaking framework agreement establishing the first AI acceleration partnership,” Leavitt said. “The framework advances the buildout of AI infrastructure in the United States and the UAE. This was another great deal for the American people, thanks to President Trump and his exceptional team.” Musk wasn’t in the UAE when the deal was signed, but was with the president in Saudi Arabia during an earlier part of the Middle East trip, according to a senior White House official. The official said Musk has relayed his concerns about the government fairly treating all AI companies. OpenAI declined to comment. Musk didn’t respond to CNBC’s request for comment. Musk, who is also CEO of Tesla and SpaceX, is a complicating character in Trump’s effort to solidify U.S. leadership in AI. Musk spent close to $300 million to send President Trump back to the White House, and has since been leading the Department of Government Efficiency (DOGE), slashing the size of the federal workforce. His time as a special government employee is coming to an end this month. When it comes to AI, Musk has in recent years been a vocal critic of Altman, a former friend and colleague. The pair helped form OpenAI as a research lab in 2015, but Musk later had a public break with the project and has consistently criticized its structure and close alliance with Microsoft. While xAI has been building its commercial efforts, acquiring Musk’s social media company X in March and this week partnering with Telegram to roll out its Grok chatbot, Musk has been trying to thwart OpenAI’s effort to convert into a for-profit entity. Musk has sued OpenAI for breach of contract and to try and stop the conversion, and a Musk-led investor group made an unsuccessful bid to buy control of the startup for $97.4 billion in February. It’s also not the first time Musk has been critical of Stargate. In January, Trump unveiled the Stargate project, with OpenAI, Oracle and Softbank committing an initial $100 billion, and up to $500 billion, of investment in AI infrastructure in the U.S. over four years. Musk was quick to cast doubt on the financing behind the project. “They don’t actually have the money,” Musk wrote in response to an OpenAI post on his social platform X. He later added that SoftBank had “well under” $10 billion secured. Two months later, SoftBank led a $40 billion investment in OpenAI at a $300 billion valuation. — CNBC’s Eamon Javers contributed to this report. WATCH: Elon Musk tried to block Sam Altman’s big AI deal in the UAE Source link #MuskAltman #rivalry #complicating #Trumps #dealmaking #Middle #East Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Surging yields are spooking investors. One strategist sees Trump administration as ‘bond vigilant.’ Surging yields are spooking investors. One strategist sees Trump administration as ‘bond vigilant.’ Long-term Treasury yields have climbed in recent weeks, driven by growing concerns over the trajectory of US debt as President Trump’s proposed tax legislation advances to the Senate after clearing the House. New concerns emerged late Wednesday after a Manhattan-based trade court struck down a wide swath of Trump’s tariffs, adding to uncertainty around how the administration will manage the deficit. “The tariffs the court struck down were likely to raise nearly $200 billion on an annual basis,” Goldman Sachs said in a note to clients late Wednesday. That’s “roughly the amount the fiscal package would increase the deficit next year.” Yields ticked higher in the immediate aftermath of the news before falling slightly on Thursday. In afternoon trade, 10-year (^TNX) hovered near 4.43% while the 30-year (^TYX) traded around 4.94%. Read more: What is the 10-year Treasury note, and how does it affect your finances? As bond markets digest the latest policy whipsaw, one strategist says investors may be underestimating just how actively the administration is working behind the scenes to manage long-term borrowing costs. Tim High, senior rates strategist at BNP Paribas, described the Trump team as “bond vigilant — a counterweight to the so-called bond vigilantes in the market,” suggesting the administration is acutely aware of the risks that higher yields and a rising term premium pose to fiscal stability. High pointed to previous comments from Treasury Secretary Scott Bessent, who emphasized the administration is more focused on 10-year yields than on short-term Federal Reserve policy. That matters, he said, because longer-term rates, especially the 10-year, have a ******* impact on the real economy, shaping consumer borrowing costs like mortgage rates. Plus, the administration has tools to keep those yields in check. One option under discussion is easing bank capital rules, which would make it easier for institutions to hold more Treasurys. Another is adjusting how the government issues debt, leaning more on short-term bills rather than longer-dated bonds, to reduce upward pressure on long-term rates. Tim High, senior rates strategist at BNP Paribas, describes the Trump administration as “bond vigilant,” meaning that officials are closely watching the direction of rates when determining policy moves. (Photo by Win McNamee/Getty Images) · Win McNamee via Getty Images Together, these moves signal the administration is not only watching the bond market but may be willing to act to shape it. That vigilance, High said, stems from more than just concern over rising interest payments on the national debt. Elevated long-term rates also threaten to blunt the effects of any future Fed rate cuts. In other words, even if the Fed lowers short-term interest rates to stimulate the economy, it may not have the desired impact if 10-year yields, which heavily influence mortgage and business borrowing, stay high. Therefore, the administration’s focus on the long end of the curve reflects a broader awareness: Without lower long-term rates, it becomes harder to deliver meaningful economic support. Story Continues Still, BNP doesn’t see yields running away from here. Despite sticky inflation and the possibility that the Fed stays on hold for longer, the firm expects 10-year yields to remain relatively stable through the third quarter, with a modest drift lower into year-end. The bank forecasts the 10-year yield to finish 2025 around 4.25%. BNP also doesn’t expect any Fed rate cuts this year, citing inflationary concerns, multiple policy uncertainties, and a still-solid growth backdrop. If that scenario plays out, the combination of stable long-term yields and a mostly on-hold Fed could flatten the yield curve more than markets currently expect. And for a bond-conscious White House increasingly focused on long-term borrowing costs, that kind of outcome would be welcome. Allie Canal is a Senior Reporter at Yahoo Finance. Follow her on X @allie_canal, LinkedIn, and email her at *****@*****.tld. Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance Source link #Surging #yields #spooking #investors #strategist #sees #Trump #administration #bond #vigilant Pelican News View the full article at [Hidden Content]

Musk-Altman AI rivalry complicating Trump’s dealmaking in Middle East Musk-Altman AI rivalry complicating Trump’s dealmaking in Middle East Sam Altman, CEO of OpenAI, is seen through glass during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, Feb. 11, 2025. Aurelien Morissard | Via Reuters Elon Musk tried to derail a major artificial intelligence infrastructure deal in the Middle East after learning that his startup, xAI, would be excluded from the initiative, CNBC has confirmed. Earlier this month, OpenAI, Oracle, Nvidia, Cisco and Emirati firm G42 announced plans to build a sweeping Stargate AI campus in the United Arab Emirates. Musk was frustrated that OpenAI, led by personal rival Sam Altman, was tapped for the deal, and he intervened in an effort to get xAI involved, said a person familiar with the matter who asked not to be named in order to speak freely. Musk argued that President Donald Trump would not approve the deal, the person said. The announcement was delayed by several days as stakeholders, including the White House, dealt with blowback from Musk, who has been engaged in a public and legal spat with Altman and OpenAI. The Wall Street Journal first reported that Musk attempted to block the deal. In a statement to CNBC, White House press secretary Karoline Leavitt didn’t mention the dustup. “The United States and the UAE signed a groundbreaking framework agreement establishing the first AI acceleration partnership,” Leavitt said. “The framework advances the buildout of AI infrastructure in the United States and the UAE. This was another great deal for the American people, thanks to President Trump and his exceptional team.” Musk wasn’t in the UAE when the deal was signed, but was with the president in Saudi Arabia during an earlier part of the Middle East trip, according to a senior White House official. The official said Musk has relayed his concerns about the government fairly treating all AI companies. OpenAI declined to comment. Musk didn’t respond to CNBC’s request for comment. Musk, who is also CEO of Tesla and SpaceX, is a complicating character in Trump’s effort to solidify U.S. leadership in AI. Musk spent close to $300 million to send President Trump back to the White House, and has since been leading the Department of Government Efficiency (DOGE), slashing the size of the federal workforce. His time as a special government employee is coming to an end this month. When it comes to AI, Musk has in recent years been a vocal critic of Altman, a former friend and colleague. The pair helped form OpenAI as a research lab in 2015, but Musk later had a public break with the project and has consistently criticized its structure and close alliance with Microsoft. While xAI has been building its commercial efforts, acquiring Musk’s social media company X in March and this week partnering with Telegram to roll out its Grok chatbot, Musk has been trying to thwart OpenAI’s effort to convert into a for-profit entity. Musk has sued OpenAI for breach of contract and to try and stop the conversion, and a Musk-led investor group made an unsuccessful bid to buy control of the startup for $97.4 billion in February. It’s also not the first time Musk has been critical of Stargate. In January, Trump unveiled the Stargate project, with OpenAI, Oracle and Softbank committing an initial $100 billion, and up to $500 billion, of investment in AI infrastructure in the U.S. over four years. Musk was quick to cast doubt on the financing behind the project. “They don’t actually have the money,” Musk wrote in response to an OpenAI post on his social platform X. He later added that SoftBank had “well under” $10 billion secured. Two months later, SoftBank led a $40 billion investment in OpenAI at a $300 billion valuation. — CNBC’s Eamon Javers contributed to this report. WATCH: Elon Musk tried to block Sam Altman’s big AI deal in the UAE Source link #MuskAltman #rivalry #complicating #Trumps #dealmaking #Middle #East Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Tomb Raider IV-VI Remastered Collector’s Edition Preorders Close On June 15 Tomb Raider IV-VI Remastered Collector’s Edition Preorders Close On June 15 Tomb Raider IV-VI Remastered launched digitally earlier this year, and now it’s preparing for a physical release on September 19. The digital release earned mixed reviews, though fans of the originals found it to be a welcome return to Lara Croft’s second trilogy of games. If you’re interested in adding the physical game to your collection, you’ll find several versions up for preroder, including an awesome Collector’s Edition exclusive to Limited Run. Check out all the different editions below. $30 | Releases September 19 The Tomb Raider IV-VI Remastered standard edition gets you the base game on your platform of choice. The collection includes: Tomb Raider: The Last Revelation Tomb Raider: Chronicles Tomb Raider: The Angel of Darkness All three games are playable with either remastered or classic graphics, with the option to swap between both presentations at will with the press of a button, along with other enhancements. Preorders for the PS5, PS4, and Switch versions are available at Amazon and Walmart. The Xbox version is only available along with PlayStation and Switch copies via Limited Run Games’ online store. However, Limited Run’s preorder window ends on June 15, meaning you’ll want to act fast if you want the Xbox version. There is no time limit on Amazon or Walmart preorders. $50 | Releases September 19 There’s also a $50 Tomb Raider IV-VI Remastered Deluxe Edition that includes the collection of remastered games plus a selection of collectibles. Here’s everything included: Tomb Raider IV-VI Remastered base game 150-page exploration map book Soundtrack CD Collectible tuck-in box Steelbook case Tomb Raider IV-VI Remastered Deluxe Edition is available for PS5, PS4, and Switch. There is not an Xbox version. Preorders are available at Amazon and Walmart. $80 | Preorders end June 15 | Releases January 2026 If you don’t mind waiting a few extra months and want the coolest possible collectibles, check out the Tomb Raider IV-VI Remastered Collector’s Edition. Sold exclusively by Limited Run and launching January 2026, it features the base game and a bundle of unique collectibles. Here’s what you get: Tomb Raider IV-VI Remastered base game Trapezoid box Selected soundtrack Obscura painting lithographs Lara Croft’s pistols metal keychain Amulet of Horus & Iris enamel pins Unlike the other physical editions that are only offering Switch and PlayStation versions, the Tomb Raider IV-VI Remastered Collector’s Edition is available for Switch, PlayStation, Xbox, and even PC–making this the only physical PC release. While this is great news for Tomb Raider fans who prefer physical games, the preorder window for Tomb Raider IV-VI Remastered Collector’s Edition ends on June 15–assuming it doesn’t sell out before then. Tomb Raider IV-VI Remastered Collector’s Edition Looking to round out your Tomb Raider collection? Be sure to pick up Tomb Raider I-III Remastered, which is available in both standard and Deluxe editions. The Deluxe Edition gets you not just the first three games, but also a steelbook case, exploration map, and digital soundtrack. For something different, you can preorder upcoming Tomb Raider comics. The Tomb Raider Colossal Collection: Volume 1 arrives on July 1, and it spans nearly 900 pages and features tons of out-of-print stories from Top Cow. Volume 2 arrives on November 25 and completes the first comic book arc with Issues 35-50, plus a few prequels and miniseries. Source link #Tomb #Raider #IVVI #Remastered #Collectors #Edition #Preorders #Close #June Pelican News View the full article at [Hidden Content]

Stocks Rally as Court Nixes Trump’s Tariffs—But Legal Fight Is Far from Over Stocks Rally as Court Nixes Trump’s Tariffs—But Legal Fight Is Far from Over The Trump tariffs were nullified by the courts, but the administration is appealing the ruling. A panel of judges from the U.S. Court of International Trade struck down President Donald Trump’s tariffs, effectively wiping out all of the reciprocal tariffs, the fentanyl and border security tariffs, the tariffs on China, and 10% universal tariffs that Trump placed on trading partners. Stocks were moving higher after the opening bell, with the Dow Jones up about 100 points, the S&P 500 rising 50 points, and the increasing about 200 points. The three judges on the panel ruled that Trump exceeded his authority in unilaterally imposing tariffs without the approval of Congress. Trump had cited the 1977 International Emergency Economic Powers Act (IAEE) as the reason for imposing tariffs without Congressional approval, but the judges said this did not qualify as an economic emergency. “The court holds for the foregoing reasons that IEEPA does not authorize any of the Worldwide, Retaliatory, or Trafficking Tariff Orders. The Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs. The Trafficking Tariffs fail because they do not deal with the threats set forth in those orders. This conclusion entitles Plaintiffs to judgment as a matter of law; as the court further finds no genuine dispute as to any material fact, summary judgment will enter against the United States. See USCIT R. 56. The challenged Tariff Orders will be vacated and their operation permanently enjoined,” the judges said in their ruling. The suit was brought by 12 states, led by Oregon and Arizona, and five small businesses. “President Trump’s sweeping tariffs were unlawful, reckless, and economically devastating. They triggered retaliatory measures, inflated prices on essential goods, and placed an unfair burden on American families, small businesses and manufacturers,” Oregon Attorney General Dan Rayfield said. “We brought this case because the Constitution doesn’t give any president unchecked authority to upend the economy. This ruling reaffirms that our laws matter, and that trade decisions can’t be made on the president’s whim.” So, What Does This Mean? The ban on tariffs go into effect immediately, meaning they are not enforceable. However, the Trump Administration has already appealed the decision. “It is not for unelected judges to decide how to properly address a national emergency,” White House spokesman Kush Desai said, reported NPR. “President Trump pledged to put America First, and the Administration is committed to using every lever of executive power to address this crisis and restore American Greatness.” Legal experts expect this case to ultimately make its way to the Supreme Court for a final determination. This may be just the beginning of protracted legal wrangling over tariffs, as multiple lawsuits have been filed. Some attorneys are even planning to file suits on behalf of U.S. companies that had to pay the unlawful tariffs. According to Barron’s, some $14 billion in tariffs were collected from U.S. companies in April. In the meantime, economists at Goldman Sachs suggested that Trump could put in place some tactics to keep some tariffs in place legally, at least temporarily. “This ruling represents a setback for the administration’s tariff plans and increases uncertainty but might not change the final outcome for most major US trading partners,” Goldman Sachs economists wrote in a research note, reported CNBC. “For now, we expect the Trump administration will find other ways to impose tariffs.” Among them, Goldman Sachs said Trump could impose temporary tariffs before requiring a vote of Congress. While the stock markets jumped after the ruling was announced, the gains declined as the market opened Thursday, mainly due to the uncertainty of it all and investors likely waiting for yet another shoe to drop. Original Post Source link #Stocks #Rally #Court #Nixes #Trumps #TariffsBut #Legal #Fight Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

British Man Faces 7 Charges Over Liverpool Parade Car ****** – The New York Times British Man Faces 7 Charges Over Liverpool Parade Car ****** – The New York Times British Man Faces 7 Charges Over Liverpool Parade Car ****** The New York TimesMan charged after Liverpool parade incident ESPNPolice due to give update with Liverpool ****** suspect still being questioned BBCDriver accused of plowing vehicle into crowd at Liverpool soccer parade identified and charged by police CBS NewsLiverpool FC parade collision: man charged with grievous bodily harm The Guardian Source link #British #Man #Faces #Charges #Liverpool #Parade #Car #****** #York #Times Pelican News View the full article at [Hidden Content]

Helldivers 2 Fans Rally for Epic Tribute Honoring SEAF’s Valor in the Battle for Super Earth Helldivers 2 Fans Rally for Epic Tribute Honoring SEAF’s Valor in the Battle for Super Earth Helldivers 2 players, along with NPC SEAF forces, are currently fighting off the Illuminate threat on Super Earth. The fleet emerged out of the Meridian Singularity and has managed to reach Super Earth. That’s not all, the faction has managed to capture five out of seven megacities on Super Earth. Fans believe that the game needs to honor the SEAF forces properly, and the best way to do so is by adding this small detail to all players’ Super Destroyers. With only two megacities under its belt, Super Earth could lose this battle against the Illuminate, but players are not holding back. The strength of the Illuminate fleet is less than 25%, making the battle quite intense because divers still have a chance to save the planet. Helldivers 2 players think SEAF forces should get honoured like this Helldivers 2 players believe that the SEAF forces that are fighting on Super Earth deserve to be honored properly for their efforts. A viral post on the r/Helldivers has suggested that Super Destroyers could have this small detail to remember all the fallen heroes. Helldivers often steal the spotlight, and as a result, SEAF forces aren’t recognized for all their work. This small detail will always remind players that they were not alone during the battle of Super Earth. In the past, players have suggested that Arrowhead Game Studios needs to add a SEAF-themed Warbond to honor the soldiers, and now is probably the best time to introduce it. When countless soldiers lost their lives on Malevelon Creek, Super Earth declared April 3rd as Malevelon Creek Memorial Day. Players were also given a commemorative cape to honor their fallen companions. We should expect to see something like this after the battle of Super Earth, as it is probably the most devastating attack on the planet. The Illuminate has captured five out of seven megacities The Illuminate is slowly taking over Super Earth (Image via Arrowhead Game Studios) Shortly after the Meridian Singularity was stopped, a new Illuminate fleet emerged from it. Led by new Illuminate enemies, this fleet was able to capture various planets and reach the Super Earth. Now, their presence on the planet is increasing as the faction has managed to capture five out of the seven megacities on Super Earth. This could be the end of Super Earth, and one reason behind this is that some players refuse to focus on the active Major Order. Despite the Illuminate capturing Super Earth, many players are deploying on Automaton and Terminid missions. The only way to solve this problem is to introduce better rewards for completing Major Orders. Super Earth requires the Helldivers 2 community’s undivided attention because not a lot of time is left. The fleet’s strength has reduced significantly over the past few days, but the threat is still concerning. Source link #Helldivers #Fans #Rally #Epic #Tribute #Honoring #SEAFs #Valor #Battle #Super #Earth Pelican News View the full article at [Hidden Content]

Josh Brown says he’s not sure if Nike can ever turn it around Josh Brown says he’s not sure if Nike can ever turn it around Household brand Nike is not setting itself up for a successful turnaround, according to Josh Brown, CEO of Ritholtz Wealth Management and CNBC PRO contributor . The widely followed investor believes that the iconic footwear brand isn’t keeping up with the fierce competition as its celebrity spokespeople age out of popularity. The stock has fallen another 19% this year following a 30% loss in 2024. “The superstars that are all aging. LeBron James is in his 40s. Michael Jordan is 30 years retired,” Brown said on CNBC’s ” Halftime Report .” “I don’t even know what we do with something like Nike here. It’s just a falling knife. It’s a really tough one.” In late March, Nike said it expected its sales to decline in the fiscal fourth quarter to be at the “low end” of the “mid-teens range,” far worse than analysts expected. The company said its guidance is based on its ongoing restructuring efforts, plus tariffs and sliding consumer confidence. NKE 5Y mountain Nike, 5 years Nike did beat Wall Street’s expectations in its fiscal third quarter, however. “This is a stock that is effectively sitting on an eight year low. It keeps making lower lows even when they have a ‘better than expected quarter,’ within a week, stocks down,” Brown said. Nike said last week it will raise prices on a wide range of footwear , apparel and equipment as the retail industry braces for tariffs to hit its profits, The investor said Nike has been getting by through selling staple sneakers like Air Force Ones and Jordans, but that’s not enough to beat competition. “This is the same thing they’ve been doing,” Brown said. “You’ve got these other brands that have come along. They don’t have meaningful market share, but they’re forcing Nike to fight defensively in key markets, like running.” All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL’S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. INVESTING INVOLVES RISK. EXAMPLES OF ANALYSIS CONTAINED IN THIS ARTICLE ARE ONLY EXAMPLES. THE VIEWS AND OPINIONS EXPRESSED ARE THOSE OF THE CONTRIBUTORS AND DO NOT NECESSARILY REFLECT THE OFFICIAL POLICY OR POSITION OF RITHOLTZ WEALTH MANAGEMENT, LLC. JOSH BROWN IS THE CEO OF RITHOLTZ WEALTH MANAGEMENT AND MAY MAINTAIN A SECURITY POSITION IN THE SECURITIES DISCUSSED. ASSUMPTIONS MADE WITHIN THE ANALYSIS ARE NOT REFLECTIVE OF THE POSITION OF RITHOLTZ WEALTH MANAGEMENT, LLC” TO THE END OF OR OUR DISCLOSURE. Click here for the full disclaimer. Source link #Josh #Brown #hes #Nike #turn Pelican News View the full article at [Hidden Content]

‘Silent assassin’ fires, Lions relish tough run to bye ‘Silent assassin’ fires, Lions relish tough run to bye Brisbane’s “silent assassin” has finally revealed himself, with Hugh McCluggage’s career night grinding the Lions further towards a premiership defence and his own, overdue All *********** blazer. The midfielder had a career-best 41 touches in his 194th AFL game in Thursday’s 18-point defeat of Essendon at the Gabba. He added 13 inside 50s, 17 contested possessions, 12 score involvements and four tackles as the Lions held off the Bombers’ spirited fightback. In his ninth AFL season, McCluggage has been a crucial piece of the Lions’ rise from the cellar to the ********** but he has never worn the blazer. Brisbane coach Chris Fagan hopes that comes soon, the 27-year-old adding some defensive intent to his silky distribution this year. “Huge. That’s a big game. He’s worked harder on his pressure, defensive side of his game,” he said of McCluggage, whose six tackles a game this season is almost double his career average. “He’s always been good with the ball and is forever trying to improve. “We talk about All Australians. I hope at some point in time he wins one. “He’s been such a consistent player for us for the last six years. “He goes about it in a quiet manner but gee he’s effective, a silent assassin out there, really.” McCluggage and midfielder partner Josh Dunkley had the answers on Thursday in a 13.12 (90) to 11.6 (72) after the Bombers had come from 32 points behind to lead by one in the final term. It meant they avoided another slip-up to a team outside the top eight after losses to Melbourne and a draw with North Melbourne in recent weeks. They are 4-1 against top-eight sides though, Fagan excited for an eight-day break before meeting fourth-placed Adelaide on the road next Friday. They then host the Giants before a game in Geelong and a round-16 bye. “Our boys will look forward to that; we’ve performed pretty well against the other sides in the top eight,” he said. Three of the past four premiership winning sides have missed the finals in the subsequent year, while 2021 winners Melbourne made the following post-season but lost both finals games. The Lions (9-2-1) are on track to buck that trend, grinding through the gears with a smattering of AFL talent yet to return from injury. “*****, at this time of the year, you’re just happy to get the wins,” Fagan said. Source link #Silent #assassin #fires #Lions #relish #tough #run #bye Pelican News View the full article at [Hidden Content]

Elden Ring Nightreign Review – Game Rant Elden Ring Nightreign Review – Game Rant A near-perfect merging of FromSoftware game design and roguelike structure, Elden Ring Nightreign is a bold experiment and one of 2025’s highlights. Source link #Elden #Ring #Nightreign #Review #Game #Rant Pelican News View the full article at [Hidden Content]

Analysts are bullish on E.l.f. Beauty after takeover of Hailey Bieber’s Rhode Analysts are bullish on E.l.f. Beauty after takeover of Hailey Bieber’s Rhode Wall Street is thrilled with E.l.f. Beauty’s latest acquisition, viewing it as a multi-pronged deal that strengthens the company’s international footprint and customer appeal. Shares of E.l.f. popped nearly 25% on Thursday after the company acquired Hailey Bieber’s skincare brand Rhode in a deal worth up to $1 billion. The deal, which is E.l.f.’s biggest to date, is expected to close later this year. Separate from E.l.f.’s huge bet on Rhode, the beauty products retailer on Wednesday also reported fiscal fourth-quarter results that exceeded analysts’ expectations on top and bottom lines. The company’s adjusted earnings per share of 78 cents on revenue of $333 million beat the 72 cents and $328 million expected from analysts polled by LSEG. Analysts view the deal as a value-added proposition to the company’s efforts to expand into skincare and to attract higher-end consumers. It’s also positive news for E.l.f. amid tariff woes given that Rhode sources primarily from Europe and Asia, which should help diversify E.l.f. away from its significant sourcing footprint in China. Goldman Sachs analyst Bonnie Herzog on Thursday reiterated her buy rating and $120 price target on shares. That target implies roughly 32.6% potential upside for E.l.f. from its latest close. The stock traded above $110 per share Thursday, up 21% — putting it on pace for its best day ever. E.l.f.’s shares have soared a whopping 79% this year. “The company’s results were overshadowed by the company’s announced plan to acquire rhode, a prestige beauty brand,” Herzog wrote in a note to clients. “We view this acquisition as a strategic positive as it further expands ELF into skincare with a prestige brand, and diversifies its customer base. While rhode is a DTC brand, it’s expected to be rolled out into retail, including into Sephora, which we believe will further support growth ahead.” The Rhode acquisition will further strengthen E.l.f’s foray into skincare and hybrid makeup categories, Herzog said. E.l.f. plans to leverage Rhode’s strong digital community engagement and its upcoming in-store partnership with Sephora to drive global growth and help further its retail distribution, the analyst added. E.l.f.’s deal with Rhode comes after the company bought skincare brand Naturium in August 2023, which became one of E.l.f.’s fastest growing brands. That followed E.l.f. acquisition of beauty brand W3LL PEOPLE for $27 million in February 2020 ELF 1Y mountain E.l.f. Beauty stock performance over the past year. Bank of America analyst Anna Lizzul is similarly bullish on shares, maintaining her buy rating and raising her price target by $18 to $113 upon the news. To be sure, that’s only around $3 per share above where the stock traded at on Thursday. Like Herzog, Lizzul anticipates the Rhode acquisition to benefit E.l.f. in various ways, including expanding the company’s direct-to-consumer footprint and tightening its relationship with Gen Z consumers. These younger consumers are looking for “prestige level products,” she said, noting that the price of Rhode’s 10 products are in a higher range compared to E.l.f’s. “Rhode is expected to be accretive to gross margin, EBITDA margin, and earnings, suggesting room for deeper investments in marketing,” Lizzul said. On the tariff front, E.l.f. sources roughly 75% of its products from China, but is working to reduce this by the end of fiscal year 2026 and scale its international presence, which is pleasing to analysts. Herzog expects E.l.f. products to “remain competitive owing to its strong value proposition and relative price gaps to the broader beauty industry,” even as E.l.f. is raising prices on its products by $1 to offset the impact of tariffs. Herzog also expects the company’s growing international business to outpace its U.S. business, which should eventually ease tariff pressures tied to the U.S. Source link #Analysts #bullish #E.l.f #Beauty #takeover #Hailey #Biebers #Rhode Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Search ends for missing pregnant woman Search ends for missing pregnant woman Gardaí (Irish police) investigating the disappearance and ******* of a pregnant Irish woman have concluded the search operation in the Slieve Bloom mountains in County Laois. A new search had been under way to try to find the remains of Fiona Pender, 25, who went missing in County Offaly. She was last seen at about 06:00 local time, on 23 August 1996 at her flat on Church Street, Tullamore. The results of the searches are not being released for operational reasons. On Monday gardaí said they had reclassified their missing person investigation to a ******* inquiry. Having completed a search of land near Killeigh in County Offaly on Tuesday, the search moved to the Slieve Bloom mountains close to Clonaslee in County Laois on Wednesday. Killeigh and Clonaslee are about a 10-minute drive apart across the county boundary. Ms Pender was 5’5″ in height, had long blonde hair and was said to be looking forward to the birth of her child. She was wearing white leggings and bright coloured clothing when she went missing. On Monday, police confirmed the search for Fiona Pender had been re-classified as a ******* investigation [An Garda Síochána] Who was Fiona Pender? Fiona Pender grew up in Tullamore, County Offaly, in a family that has suffered a number of bereavements. She had two brothers, but just over a year before Fiona went missing her brother Mark died in motorcycle ******. At the time of her disappearance in August 1996, Fiona was working as a hairdresser and living with her boyfriend in a flat in Church Street in her hometown. She had spent the previous day “shopping for baby clothes with her mother in Tullamore,” according to her missing person profile, external. “She was in good form and was looking forward to the birth of her baby,” the garda website states. As soon as she went missing, the Pender family began a long campaign seeking the public’s help to find Fiona, led by her mother Josephine. In 2000, almost four years after Fiona went missing, her 50-year-old father Sean Pender was found dead in the family home. His widow believes he took his own life, telling a Tullamore reporter: “He couldn’t live without his children.”, external The investigation into Fiona’s disappearance continued for 28 years without success, despite a number of searches and digs in different areas. In May 2008, a hillwalker came across a makeshift cross which had been recently put up in Monicknew Woods in the Slieve Bloom mountains. Two planks of wood had been hammered together and written on the cross were the words: “Fiona Pender. Buried here, August 22nd, 1996.” Gardaí began a search of a two-acre site in the area, assisted by soldiers and cadaver dogs, but there was no sign of Ms Pender’s body. Fiona’s mother Josephine died aged 68 in 2017, external, having never discovered the fate of her only daughter and her unborn grandchild. The Irish Times reported that a “candle of hope” was placed on the altar during her ******** “in memory of all missing people”. In tribute to her daughter, a section of walkway along the Grand Canal outside Tullamore is known as the Fiona Pender Way. Source link #Search #ends #missing #pregnant #woman Pelican News View the full article at [Hidden Content]

Community Erupts as Equality-On-Sea Divers Push Back Against the Illuminate in Helldivers 2’s Own Stalingrad Moment Community Erupts as Equality-On-Sea Divers Push Back Against the Illuminate in Helldivers 2’s Own Stalingrad Moment Democracy never looked so beautiful as it does when it’s covered in squid guts and refusing to die. The Illuminate thought they could just waltz into Super Earth’s mega cities like they owned the place. But as it turns out, Managed Democracy has some very strong opinions about uninvited guests. Helldivers 2 players have turned Equality-on-the-Sea into the kind of legendary last stand that makes liberty weep tears of pure freedom. This isn’t just another defense mission—it’s become the poster child for why you don’t mess with Super Earth’s finest when they’re properly motivated and heavily armed. The city that makes freedom cry happy tears Equality-on-the-Sea has officially become the most democratic place in the galaxy, and the community is absolutely here for it. Every street corner defended, every percentage point held, every fallen Helldiver’s sacrifice—it all adds up to something that would make High Command proud if they weren’t too busy planning the next glorious campaign. The defense numbers keep fluctuating like a democracy officer’s mood, but nobody’s giving up. Why would they? This is peak Helldivers 2 right here—the kind of desperate, beautiful chaos that makes you forget you’re playing a game: Absolute cinema. The ghosts of York Supreme and Port Mercy are watching over their penultimate surviving sibling, ready to see this through to the bitter end. That’s the kind of emotional weight that hits harder than an orbital precision strike. Comment byu/S4anteee from discussion inHelldivers When the community starts dropping Lord of the Rings references, you know things have gotten serious. This is Helm’s Deep levels of “we’re not leaving, come and take it” energy, and frankly, it’s exactly what managed democracy deserves. The Calamari forces picked the wrong city to make their stand. Equality-on-the-Sea has become the hill that Super Earth’s finest have chosen to die on, and they’re making it count. From space Vietnam to space Stalingrad with extra democracy Super Earth’s finest refusing surrender. | Image Credit: Arrowhead Game Studios Remember when Malevelon Creek was the worst thing that could happen to a Helldiver? Those were simpler times. Now we’ve got full-scale urban warfare that makes Robot ‘Nam look like a peaceful camping trip: Comment byu/TheShivMaster from discussion inHelldivers The evolution is real. Arrowhead has somehow managed to top themselves by creating a siege that feels genuinely epic. Every mission matters. Every extraction counts. Every time someone picks up a fallen comrade’s Stalwart, democracy gets a little stronger: That’s the spirit right there. No Helldiver left behind, no weapon left unused, no squid left un-democratized. The community has fully embraced the “we’re all in this together” mentality that makes managed democracy so beautiful. Nothing says “we’re not going anywhere” like a Sabaton soundtrack and 100,000 Helldivers who’ve collectively decided that this particular patch of Super Earth is worth dying for. The civilians in Prosperity City can enjoy their peace—someone else is doing the heavy lifting. Comment byu/S4anteee from discussion inHelldivers The squids have since been pushed back to the city’s edges, probably wondering why they thought invading Super Earth was a good idea. Now they’re making one last desperate push at Prosperity City itself. Good luck with that, calamari—you’ve already seen what happens when you mess with democracy. What’s your most heroic Equality-on-the-Sea moment? Drop your stories below and let’s celebrate this legendary defense properly. Source link #Community #Erupts #EqualityOnSea #Divers #Push #Illuminate #Helldivers #Stalingrad #Moment Pelican News View the full article at [Hidden Content]

Non-alcoholic beer to pass ale in sales volume this year Non-alcoholic beer to pass ale in sales volume this year Non-alcoholic beers photographed for Food in Washington, DC on March 11, 2024. Scott Suchman | The Washington Post | Getty Images Non-alcoholic beer is on track to overtake ale as the second-largest beer category by volume worldwide this year, according to a new projections from industry tracker IWSR. While overall beer volume fell roughly 1% in 2024, volume for its non-alcoholic counterpart grew 9% worldwide, according to IWSR. The category’s growth accelerated in 2018 and has continued to outstrip the broader beer market since then. IWSR is projecting that no-alcohol beer will grow by 8% annually through 2029, while ale’s volume is expected to slide 2% annually in that same *******. Despite recent growth, no-alcohol beer is far from becoming the top-selling beer category globally and only holds about 2% of worldwide beer market share. With 92% market share, lager is far and away the largest beer category and still growing, albeit at a slower pace than non-alcoholic beer. No-alcohol beer has gained popularity as more consumers cut back on their alcohol consumption, prompting brewers to invest in zero-proof alternatives. The trend is particularly striking across younger age cohorts; Gen Z drinks less than prior generations at the same age, and millennials hold the largest share of no-alcohol drinkers, according to IWSR. Younger drinkers use buzzwords like “sober curious” and “damp lifestyle” to describe moderating their alcoholic intake, rather than abstaining entirely. Additional fuel for the trend comes from the companies making non-alcoholic beers, which have gotten better at mimicking the taste of their alcoholic twins. Practically every major beer brand, from Diageo’s Guinness to Heineken and Anheuser-Busch InBev’s Budweiser, has rolled out a zero-proof version over the last five years. Non-alcoholic beer’s worldwide retail sales surpassed $17 billion in 2023, according to Bernstein. Looking at global markets, Germany, Spain and Japan bought the most non-alcoholic beer that year. The U.S. landed in sixth place for its no-alcohol beer sales, although its ranking falls much further when measured by overall sales penetration. Much of the growth in the U.S. is fueled by Athletic Brewing, now the top-selling no-alcohol beer brand. The upstart, which was founded in 2018, holds 17% of the category’s volume share, edging out AB InBev’s Bud Zero and Heineken’s 0.0 version. Just three years earlier, Athletic held only a 4% share. The company was reportedly valued at roughly $800 million in its latest funding round in 2024. Even non-alcoholic beer hasn’t been immune from the rash of celebrity-backed alcohol brands. Actor Tom Holland launched Bero, retired basketball star Dwyane Wade co-founded Budweiser Zero with AB InBev and podcast host and actor Dax Shepherd created Ted Segers. Source link #Nonalcoholic #beer #pass #ale #sales #volume #year Pelican News View the full article at [Hidden Content]

Elden Ring Nightreign Review – TheGamer Elden Ring Nightreign Review – TheGamer FromSoftware’s experimental gamble has paid off, giving us one of the most satisfying Soulslikes to master. Source link #Elden #Ring #Nightreign #Review #TheGamer Pelican News View the full article at [Hidden Content]

Lian Li’s tube-hiding Hydroshift II LCD-C AIO cooler adds a rotating dial for software-free display and RGB control Lian Li’s tube-hiding Hydroshift II LCD-C AIO cooler adds a rotating dial for software-free display and RGB control Popular PC case and components manufacturer Lian Li has just announced a new 360mm AIO liquid cooler. The Hydroshift II LCD-C was showcased at Computex 2025 and is a follow-up to the company’s original Hydroshift LCD 360 series that we reviewed last year. Lian has redesigned the cooler to include a thinner radiator for a more compact look and improved compatibility with more compact cases. Just note that a slimmer radiator generally means less cooling performance. The side-mounted tube design has also been updated with flexible server-grade corrugated tubing, which is designed for smooth bends around the radiator without reducing flow or internal diameter. There’s also a new sliding tube clamp for improved tube alignment directly over the CPU block. The tubes can be secured using various mounting points on the side of the radiator, or using the ****** mounting holes at the top, allowing it to be secured directly to 140mm fan brackets. The pump block itself is now cable-free (sort of), as all the connections have moved to the radiator. There’s also a new latch-in-place mounting mechanism that helps make installation a bit easier by holding the block securely while you’re screwing it down. That certainly sounds like a welcome design feature. The pump block also features a round, 2.1-inch IPS display (480×480 resolution, 60 Hz refresh, and up to 500 nits of brightness) with an outer RGB ring. The LCD can be controlled using three methods, including an offline mode that doesn’t require any additional USB or software. Turning the RGB pump cap lets you switch between thirteen preset screen designs. Turning it the other way to change the lighting effects. You may like Image 1 of 3 (Image credit: Lian Li) (Image credit: Lian Li) (Image credit: Lian Li) There’s also a Wireless Mode that uses a 2.4GHz connection and pairs to Lian Li’s L-Wireless Sync controller that needs to be plugged into the motherboard’s USB header or rear port. It can then sync with the company’s L-Connect 3 app to control the screen and lighting without needing a USB connection from the AIO to the motherboard. The last method is USB Streaming Mode, which offers extended features where you can upload your own images, GIFs, videos, use templates, or even use the cooler’s display as a second screen. The AIO supports both AMD AM4 and AM5 sockets as well as Intel LGA 1700 and LGA 1851. The company will be offering the cooler in ****** or white, with either its UNI Fan TL Wireless at $240, UNI Fan CL Wireless at $180, or there a fan-less version priced at $160. That last option is actually interesting as it allows customers who already own fans to save some money. The new Hydroshift II LCD-C series is available for pre-order starting today, and will come with a six-year warranty. Follow Tom’s Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button. Get Tom’s Hardware’s best news and in-depth reviews, straight to your inbox. Source link #Lian #Lis #tubehiding #Hydroshift #LCDC #AIO #cooler #adds #rotating #dial #softwarefree #display #RGB #control Pelican News View the full article at [Hidden Content]

Trump administration backtracks on Harvard foreign student policy – ABC News Trump administration backtracks on Harvard foreign student policy – ABC News Trump administration backtracks on Harvard foreign student policy ABC NewsLive updates: Harvard graduation, Trump admin international student ban case hearing CNNJudge bars Trump from blocking Harvard from enrolling foreign students New York Daily NewsPhotos: Harvard’s past pomp and circumstances The Boston GlobeIf America Doesn’t Want Harvard, Somebody Else Will Bloomberg Source link #Trump #administration #backtracks #Harvard #foreign #student #policy #ABC #News Pelican News View the full article at [Hidden Content]

Moment glacier crashed down Alps and onto village Moment glacier crashed down Alps and onto village The Swiss village of Blatten was partially destroyed after a huge chunk of glacier crashed down into the valley, flooding plains and destroying houses. Drone footage showed a large section of the Birch glacier collapsing at about 15:30 (14:30 BST) on Wednesday. The avalanche of mud that swept over the village of Blatten, creating an enormous cloud of dust. Although the village had been evacuated some days ago because of fears the Birch glacier was disintegrating, one person has been reported missing, and many homes have been completely flattened. Source link #Moment #glacier #crashed #Alps #village Pelican News View the full article at [Hidden Content]

Here’s what they are worried about Here’s what they are worried about 00:00 Speaker A Business leaders were significantly less optimistic in the second quarter than they were at the start of the year. Conference Board measure of CEO confidence in collaboration with the Business Council fell by 26 points in the second quarter of 2025 to 34. That is the lowest level since Q4 of 2022 with 83% of CEOs saying they expect a recession in the next 12 to 18 months. Joining us now on this, Mike Archbold, the Conference Board program director and former GNC CEO Paul Gruenwald, still with us as well. Mike, it’s great to have you here. Uh, talk to me about how much of this collapse is tariff related. 01:18 Mike Archbold So, first thanks for having me Madison. And and it’s it’s interesting, um, because this survey took place basically the week before and the week after May 12th, which was the date that China and the US kind of created a a ceasefire on trade and tariffs. And while the responses from the CEOs were less pessimistic in the week following, they remain pessimistic. Um, and not only were they pessimistic, the the the survey actually inquires about CEOs confidence, uh, or view of the economy now versus six months ago and also six months from now versus now. And both of those, uh, indices registered as pessimistic. So, so there seems to be a lot of other things in addition to tariffs. Tariffs is certainly a a factor here, but there seem to be a number of things on CEOs minds. 02:55 Speaker A So what are those other factors on CEOs minds, especially given the fact that we we mentioned in the intro CEOs do foresee a more high chance of an incoming recession, but you also know that they don’t see changes in their workforces coming up. So what are those headwinds that they think that they can stomach without having to lay people off? 03:30 Mike Archbold So, it’s it’s a great question and and it’s interesting because the the the numbers that we saw in terms of the the CEO perspective is similar to what we saw back in 2020 into 202, 203 when there was a lot of consideration for recession. Now, we did avoid that recession, uh, in no small part due to the fact that companies did not do layoffs. Uh, and it it appears from what the the CEOs are saying, they’re gonna be in a similar situation because they’re they’re actually reporting that they’re anticipating no significant change in their workforce, but by contrast, uh, the number of CEOs who are reporting that they expect to reduce their capital spending actually doubled versus the previous reading. 05:07 Speaker A Yeah, and that’s certainly an important economic indicator as well. Mike, my guest host, Paul Gruenwald has a question for you as well. 05:20 Paul Gruenwald Yeah, hey Mike. My question’s about this wedge we’re seeing between the soft data and the hard data. So a lot of the confidence indicators, including your own, are, you know, pointing south and have been for a while, but the the big macro indicators consumption, uh, unemployment are kind of hanging in there. So what’s your read on that? Is that a lag or is there some new noise in the data or some of the linkages broken down? I’d love to get your your take on that. 06:02 Mike Archbold It’s great question, Paul, and and some of the linkages certainly are shifting, right? Because, um, it it used to be these were were great, um, you know, predictive analytics, predictive numbers for for the economy. And what we’ve, what we’ve seen is that, uh, you know, CEOs are not acting the same as they have in the past. They’re they’re they’re skills banking, they’re hoarding, uh, you know, labor. They’re doing these things to make sure that they’re well positioned. Even if there is a recession, coming out of that recession, that they’d be well positioned. But what’s happening because of that is the unemployment’s not going down. So it’s it’s changing the interaction of all of these factors. Source link #Heres #worried Pelican News View the full article at [Hidden Content]

Second woman testifies that Sean ‘Diddy’ Combs ********* assaulted her – The Guardian Second woman testifies that Sean ‘Diddy’ Combs ********* assaulted her – The Guardian Second woman testifies that Sean ‘Diddy’ Combs ********* assaulted her The GuardianLive updates: Sean ‘Diddy’ Combs trial continues after news of Cassie Ventura’s birth CNNAlleged victim ‘Mia’, who court heard tried to stop attack on Ventura, testifying in Diddy trial MSNSean ‘Diddy’ Combs trial live updates: Cassie Ventura and Combs’ former stylist resumes testimony NBC NewsDiddy trial live updates: Former assistant Mia testifies about Sean Combs’s repeated attacks on Cassie Ventura The Washington Post Source link #woman #testifies #Sean #Diddy #Combs #********* #assaulted #Guardian Pelican News View the full article at [Hidden Content]

Meta, Anduril partner on VR, AR project intended for U.S. Army Meta, Anduril partner on VR, AR project intended for U.S. Army Palmer Luckey, Founder @ Oculus VR Andutil Industries, during day two of Collision 2019 at Enercare Center in Toronto, Canada. Stephen McCarthy | Sportsfile | Getty Images Meta and Anduril, the defense-tech startup founded by Palmer Luckey, announced Thursday that they’ve formed a partnership to create virtual and augmented reality devices intended for use by the U.S. army. The partnership represents a major step by Meta to supply cutting-edge technology to the government in addition to working once again with Luckey, who sold his Oculus VR startup to the social media company for $2 billion in 2014. Luckey and Meta had an acrimonious split, with the Anduril founder telling CNBC in 2019 that he “got fired” from the company formerly known as Facebook “for no reason at all,” suggesting that a $10,000 donation to a pro-Donald Trump group ahead of the 2016 U.S. election could have contributed to the decision. With Trump winning the U.S. presidency in November for the second time, Zuckerberg and other tech executives have since courted favor with the White House by making sweeping policy changes like relaxing content-moderation guidelines. Meta has also been pitching its open-source Llama family of AI models to government agencies and in November said it would make the those tools available to government units “working on defense and national security applications, and private sector partners supporting their work.” “Meta has spent the last decade building AI and AR to enable the computing platform of the future,” Meta CEO Mark Zuckerberg said in a statement. “We’re proud to partner with Anduril to help bring these technologies to the American service members that protect our interests at home and abroad.” In February, Anduril and Microsoft said that the defense tech startup would take over the enterprise giant’s AR headset program with the U.S. army. Meta and Anduril have placed a joint bid on an Army contract for VR devices that is worth up to $100 million, The Wall Street Journal reported on Thursday. The two companies are working on EagleEye, a system that carries sensors that enhance soldiers’ hearing and vision, according to the report. Meta and Anduril will move forward on their partnership whether or not they win the Army contract, per the Journal. The two companies pitched their partnership as helping the U.S. maintain a “technical edge” while aiding national security and saving the military “billions of dollars by utilizing high-performance components and technology originally built for commercial use.” “I am glad to be working with Meta once again.” Luckey said in a statement. “Of all the areas where dual-use technology can make a difference for America, this is the one I am most excited about.” Anduril also announced in December that it partnered with OpenAI on an artificial-intelligence initiative related to “national security missions.” WATCH: Nvidia has a lot of opportunities still in front of them. Source link #Meta #Anduril #partner #project #intended #U.S #Army Pelican News View the full article at [Hidden Content]

Under-fire Brigginshaw opens up on her Origin future Under-fire Brigginshaw opens up on her Origin future Ali Brigginshaw has shut down suggestions of State of Origin retirement but says Queensland selectors owe her no favours when they consider their team for the 2026 series. It comes as coach Tahnee Norris delivered an impassioned defence of the Maroons captain following critiques of her form and online attacks during the 2-1 series loss to NSW Blues. The oldest player on either side this Origin series, Brigginshaw struggled to spark the Maroons at halfback in two big losses to begin the series. She was benched for Origin III on Thursday night and came on as back-up hooker, throwing the last pass for Chelsea Lenarduzzi’s match-winning try in an improved performance. Brigginshaw’s Origin future will no doubt remain a talking point as the trailblazer turns 36 in December and does not hold a contract for 2026. The three-time NRLW premiership winner said she had no plans to retire from the representative arena just yet. “I do want to keep playing on, I think people just look at your age and think that that’s enough,” she said. “There were still comments out there tonight about when I’m going to retire. I still love my footy and if I get picked, I get picked. “But I’m not saying people have to pick me just because I’ve been here before. I want to prove that I can play in this jersey and hopefully I did that tonight. I’ll do whatever it takes for this jersey.” Brigginshaw and her wife Kate were targeted with online trolling as the Queensland captain’s form waned in the 2025 Origin series. The Maroons utility said the negativity had been difficult to ********. “I’m really proud to represent Queensland and that’s probably what hurts is people, surely they see how proud I am to do that,” she said. “I’d do anything. I play any position I’ve ever asked. I don’t really carry on and then to see my family and know how upset they were to see the things said about me, it’s probably why it hurt the most. “But the amount of support that I’ve had has been unbelievable.” Her own future is likely to come under the microscope following the Maroons’ series loss but Norris said she would continue to consider Brigginshaw for selection. Norris felt Brigginshaw deserved to retire on her own terms when she was ready. “She plays herself into teams, we pick her. Simple as that. It’s up to her when she makes that call (retirement),” Norris said. “But utmost respect for what she’s done, utmost respect for how she’s handled herself over the last couple of weeks. It’s truly been really hard.” Source link #Underfire #Brigginshaw #opens #Origin #future Pelican News View the full article at [Hidden Content]

3 Signs ‘Micro-Retirement’ Is Right for You — And How To Prepare Your Finances 3 Signs ‘Micro-Retirement’ Is Right for You — And How To Prepare Your Finances Embarking on a “micro-retirement” can be a transformative experience, offering a chance to recharge and realign your life goals. Unlike full retirement, micro-retirement is a break from working with a plan to go back after a set time *******. Be Aware: Avoid This Retirement Savings Mistake That’s Costing Americans Up To $300K Advertisement: High Yield Savings Offers Powered by Money.com – Yahoo may earn commission from the links above. Try This: Are You Rich or Middle Class? 8 Ways To Tell That Go Beyond Your Paycheck This concept isn’t about stepping back entirely, said Dana Ronald, president of Tax Crisis Institute, but taking a strategic career pause, providing new perspectives on both personal and professional fronts. To determine if micro-retirement is right for you, he said it’s important to assess your readiness for a temporary shift in lifestyle and responsibility. “It’s not only a financial calculation; it’s also about knowing whether a break aligns with your long-term goals and priorities,” he explained. Below are some clear signs you’re ready for this career shift. And if you are, take a look at some steps you should take to prepare. “When I evaluate a client’s readiness for micro-retirement, I look for at least 12 months of living expenses saved separately from their emergency fund,” said Abid Salahi, finance expert and co-founder of FinlyWealth. He’s found that clients who take career breaks with less than this buffer end up cutting their break short 82% of the time. Learn More: These Are America’s 50 Fastest-Growing Retirement Hot Spots Salahi assesses whether his clients have maintained in-demand skills. Those who successfully return to work after micro-retirement typically spend five to 10 hours monthly keeping their professional skills current. “I’ve seen this reduce the average job search time by 47% when they’re ready to return,” he said. “In my practice, clients who successfully navigate micro-retirement have mapped out their health insurance strategy,” said Salahi. He recommended setting $15,000-$20,000 aside specifically for healthcare costs during a one-year break. If you want a nice long break from work and you have addressed the big challenges, you’ll want to take these steps, as well, to be sure your micro-retirement doesn’t end early because you run out of money. Salahi advises his clients to eliminate all high-interest debt before micro-retirement. “My data shows those who enter their break with only mortgage debt are 3.5 times more likely to complete their planned time off without financial stress,” he said. Story continues Salahi has found that successful micro-retirees typically have two to three passive income sources. “I help them set up dividend portfolios, rental properties or consulting arrangements that cover 30%-40% of their basic expenses,” he said. “I work with clients to test-drive their micro-retirement budget for three to six months while still working,” Salahi explained. “My most successful clients reduce their monthly expenses by 25%-35% before their break, creating a financial cushion for unexpected costs.” Salahi has seen that micro-retirees who maintain professional networks during their break find new positions 58% faster. “I encourage my clients to schedule quarterly coffee meetings with key industry contacts throughout their break,” he added. Before clients take their break, Salahi helps them adjust their investment mix. His typical recommendation is shifting 15%-20% of their portfolio to more conservative investments during the micro-retirement *******. “I recently worked with a software developer who took a 14-month micro-retirement,” Salahi explained. Together, they prepared for two years, building passive income through rental properties and dividend stocks that covered 45% of her expenses. “She used the break to travel and learn new programming languages,” Salahi said. “When she returned to work, she landed a 22% higher salary than before her break.” More From GOBankingRates This article originally appeared on GOBankingRates.com: 3 Signs ‘Micro-Retirement’ Is Right for You — And How To Prepare Your Finances Source link #Signs #MicroRetirement #Prepare #Finances Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]