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Trump Organization signs deal for billion-dollar skyscraper on Australia's Gold Coast
The Trump Organization announced a $1 billion project in Australia this week, building a 91-floor luxury resort and apartments on the Gold Coast.
This Entrepreneur Spends Her Days Dreaming Up Decadent Cookie Recipes. How A Frightening Diagnosis Sparked Her Million-Dollar Business.
After experiencing mysterious symptoms while running and facing a scary prognosis, Addison LaBonte overhauled her diet and lifestyle and started a new career, as an influencer and baker at Sweet Addison's. She's one of many entrepreneurs building thriving niches in the creator economy.
When it comes to health insurance, federal dollars support more than ACA plans
Subsidies. Love ’em or hate them, they dominated the news during the Affordable Care Act’s sign-up season, and their reduction is now hitting many enrollees in the pocketbook.
US dollar drops and stock markets face losses after Trump announces 15% global tariff
Rolling coverage of the latest economic and financial news
Gold rises as dollar falls on US Supreme Court tariff verdict
Gold rose to a more than three-week high on Monday, as the dollar fell after the U.S. Supreme Court struck down a vast swathe of President Donald Trump's tariffs on Friday and as U.S.-Iran tensions simmered.
Missouri has embraced sports betting. So why isn’t the state raking in tax revenue?
Missourians bet more than half a billion dollars in the first month of legal sports wagering, but just over $500,000 came back to the state as tax revenue.
Club Grid Disrupting the Nightlife and Entertainment Industry by Launching First All-In-One Cloud Infrastructure Platform for Nightlife Venues, Modernizing a $175B Global Industry
Club Grid officially launches a groundbreaking all-in-one cloud platform built specifically for nightlife venues, streamlining operations, management, analytics, fraud prevention, and payment infrastructure into one enterprise-grade system designed to maximize revenue, unlock AI-driven intelligence, and scale a multi-billion-dollar industry.West Palm Beach, Florida--(Newsfile Corp. - February 18, 2026) - Club Grid is officially disrupting the nightlife industry with the launch of the first fully
When It Comes to Health Insurance, Federal Dollars Support More Than ACA Plans
Questions of fairness came up in last year’s congressional debate about extending Obamacare’s enhanced subsidies. Critics wondered why the federal government should underwrite coverage costs for people with ACA coverage. In truth, though, almost all health insurance in the U.S. comes with some federal help.
With federal research funding uncertain, states debate new science initiatives
A handful of states are considering initiatives to increase funding for scientific research as uncertainty around federal dollars has grown.
From bartending to business owner: one man's $3 million success story
Richard Boccato turned his bartending career into a successful, multimillion-dollar ice business serving top NYC bars and restaurants.
With federal dollars secured, Salango details next steps for Capital Sports Center project
Sen. Shelley Moore Capito announced $7 million in congressionally directed spending on Wednesday.
David Ebrahimzadeh and Corniche Capital Announce Up to 400,000 Square Feet of Build-to-Suit Industrial Space at Los Morros Business Park in Los Lunas, New Mexico
Up to 400,000 Square Feet of Custom Build-to-Suit Space for Manufacturing, Distribution, Cold Storage, Data Center, Defense, and Advanced Industrial Tenants — Adjacent to Meta’s Multi-Billion-Dollar Data Center Campus, with Access to Significant State and Local Economic Incentives Including Tax Abatements, Grants, and Job Training Programs Corniche Capital Brand Video NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- David Ebrahimzadeh, Founder and President of Corniche Capital, today announced the av
Amazon dethrones Walmart as world’s biggest company by sales
Amazon and Walmart compete head-to-head for shoppers’ dollars.
Federal tax dollars subsidize health care plans in ways you may not realize
United States and Madagascar to Implement $175 Million Five-Year Health MOU - U.S. Embassy in Madagascar
United States and Madagascar to Implement $175 Million Five-Year Health MOU U.S. and Malagasy health officials are convening in Antananarivo for a two-day joint review process, marking the first major step in implementing the strategic health cooperation framework established in the Memorandum of Understanding (MoU) signed between the two countries in December 2025. The MoU outlines the structure and terms of U.S. support to Madagascar’s health sector from 2026 through 2030, with a total commitment of $134,305,000 from the U.S. Government and $41,216,252 from the Government of Madagascar working jointly to address malaria, maternal and child health, polio and global health security issues. This approach reflects the America First Global Health Strategy by prioritizing effective, results-driven cooperation that advances mutual health security and supports Madagascar’s progress toward self-reliance and independence from foreign assistance. The events bring together U.S. Government health experts and Madagascar’s Ministry of Public Health leadership to conduct a comprehensive review of seven major health programs currently supported by United States funding, discussing current activities, and developing recommendations for programs to align with the signed Memorandum of Understanding, which advances both the America First Global Health Strategy and the Government of Madagascar’s goals. “This memorandum sets the course for U.S. strategic cooperation and support to Madagascar’s health sector over the next five years,” said Chargé d’Affaires Stephanie Arnold at the workshop’s opening. This review will help determine how to maximize the effectiveness and impact of these programs, ensuring resources provided by U.S. taxpayer dollars are used wisely,” she added. “By working together to address global health challenges, we demonstrate America’s leadership and commitment to a safer, healthier world, making both the United States and Madagascar healthier and stronger.” Under President Trump’s leadership, the United States is implementing a Global Health Strategy for foreign assistance that emphasizes increased host country ownership, resilient health systems and human resource capacity to reduce dependency, maintaining frontline support to reduce infectious disease threats, and strong performance monitoring systems for accountability and service delivery. “Diseases do not respect borders, and when we support Madagascar’s capacity to detect, prevent, and respond to infectious disease threats, we are contributing to global health security that benefits communities both here and in the United States,” Arnold emphasized, noting that “The MoU represents a commitment to transparency, accountability, and results.” The United States recognizes the commitment of Malagasy leadership in prioritizing investment of time and significant resources on the healthcare of their own citizens. With recent changes in leadership, Madagascar has an opportunity to strengthen governance, improve performance, and move forward toward greater self-reliance, particularly in the healthcare sector. Through strategic focus and thoughtful collaboration under this MoU, U.S. health programs in Madagascar will deliver meaningful results that advance both countries’ interests while supporting Madagascar’s journey toward greater self-reliance and a healthy future.
Future of sports betting in South Carolina up for debate at State House
Lawmakers are considering a bill that would legalize sports betting in South Carolina, potentially opening up millions of dollars in revenue for the state.
Daniel Miller
Daniel Miller is a reporter at POLITICO covering the intersection of entertainment, media, sports, technology and politics.Part of POLITICO’s California team since 2026, he examines how Hollywood and Southern California function as engines of political power. Daniel also covers the rainmakers, dealmakers and cultural figures who shape policy debates, elections and public life far beyond the state’s borders.Daniel previously spent 13 years at the Los Angeles Times, most recently as an enterprise reporter in the newspaper’s Metro department, where he worked on investigations and features. He wrote about allegations of sexual misconduct at L.A.’s Magic Castle, chronicled the cratering ventures of a celebrity vegan chef and detailed themystery of a missing million-dollar pocket watch once owned by J.P. Morgan. In 2019, he wrote, reported and hosted "Larger Than Life," an award-winning podcast about the life of an enigmatic L.A. street racer.He previously covered the business of entertainment for The Times, examining the fraught political ties between the Walt Disney Co. and the city of Anaheim, probing the world of second-tier talent agents operating on Hollywood’s fringes and uncovering allegations involving several #MeToo figures.Daniel was named Journalist of the Year at the 2015 National Arts & Entertainment Journalism Awards and, a year later, received the L.A. Press Club’s Entertainment Journalist of the Year award. He was also a finalist for the 2016 Loeb Awards for "Selling Stardom," a series on unscrupulous Hollywood operators. His narrative reporting has been honored by organizations including the Society for Features Journalism, the National Association of Black Journalists and the Motor Press Guild.Daniel began his career reporting in Southern California, writing for the Ventura County Star, the Los Angeles Business Journal and the Hollywood Reporter. He attended Beverly Hills High School and UCLA. He lives in Los Angeles.
Hamilton County redirects $480,000 in tourism funding to sports agency
Hamilton County commissioners voted Wednesday to move thousands of dollars away from tourism, opting to invest the funds into sports.$480,000 will be taken away
Herd health key to staying in business
A hog farmer from western Missouri says herd health now determines whether producers stay in business. “If our hogs get a Porcine Reproductive and Respiratory Syndrome virus or Porcine epidemic diarrhea, it costs us so many millions of dollars.” Scott Phillips tells Brownfield prevention is a priority for his two sow farms in Cass County, […]
Trump says his administration should pay him billions of dollars : The NPR Politics Podcast
President Trump has filed legal claims against the U.S. government and says he should be paid billions of dollars in damages. We discuss the significance of these claims and how Trump uses lawsuits as political tools. This episode: political correspondent Ashley Lopez, justice correspondent Carrie Johnson, and senior White House correspondent Tamara Keith.This podcast was produced by Casey Morell and Bria Suggs, and edited by Rachel Baye.Our executive producer is Muthoni Muturi.Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.
Senate candidate James Talarico raises $2.5 million after Stephen Colbert interview controversy, campaign says
Stephen Colbert accused CBS of blocking an interview with Talarico from airing during his late-night broadcast on Monday. The interview, shared on YouTube, has millions of views and has allegedly resulted in millions of dollars in campaign contributions for Talarico.
Trump would like the government he leads to pay him billions
President Trump is asking the federal government for billions of dollars in damages, putting his own Justice Department on the spot and creating an unprecedented ethical morass.
Nebraska lawmakers, business groups criticize auditor's findings on tax incentives
Sen. Brad von Gillern of Elkhorn said the incentives "have led to billions of dollars in investment in the state and created tens of thousands of jobs" since their creation.
MSG Sports to Explore Split of New York Knicks and Rangers
MSG Sports said it would explore a plan to separate the New York Knicks and New York Rangers through a tax-free spin-off. The move could unlock billions of dollars in value for shareholders.
Has the vegan business bubble burst? : It's Been a Minute
Is veganism in its flop era?There was a time when veganism – or plant-based food – seemed to be in ascendency: from the early 2010s when Beyoncé adopted a plant-based diet to its height in 2020, when the retail market for plant-based meat made over a billion dollars in sales. And then… things started getting a little more… meaty. From protein-maxxing to the new food pyramid, the culture seems to have shifted. But what does the plant-based food flop era say about our culture, how we think about our food, and how we feel about our future? Special guest host Danielle Kurtzleben, NPR political correspondent, discusses with writer Rachel Sugar, who wrote a piece on the boom and bust of veganism for New York Magazine, and Mark Bittman, long-time food journalist and former New York Times columnist who has written about veganism since the early 2010s.Support Public Media. Join NPR Plus.Follow Brittany on Instagram: @bmluseFor handpicked podcast recommendations every week, subscribe to NPR’s Pod Club newsletter at npr.org/podclub.
Senate sends Small Business Growth Act to Gov. Morrisey’s desk
CHARLESTON – A bipartisan bill supported by both the West Virginia House of Delegates and state Senate meant to help small businesses gain access to investment dollars will now be the first bill to complete the legislative process. The Senate voted Monday to concur with changes made by the House to Senate Bill 1, the […]
West Virginia Senate sends Small Business Growth Act to Morrisey
CHARLESTON — A bipartisan bill supported by both the West Virginia House of Delegates and Senate meant to help small businesses gain access to investment dollars will now be the first to complete the legislative process. The Senate voted Monday to concur with changes made by the House to Senate Bill 1, the Small Business […]
Novitec Admits This V12 Ferrari Actually Needed One More Thing
The multi million dollar Daytona SP3 gains power from a redesigned exhaust system that still uses the stock tailpipes
String Of ‘Devastating’ Suicides In Hawaiʻi Prisons Continues
Corrections officials are asking for millions of dollars this year to hire dozens of health care workers to improve mental health services inside.
Palantir Gets Millions of Dollars From New York City’s Public Hospitals
Activist are urging New York City Health and Hospitals Corporation to cut ties with the ICE contractor.
Trump wants to revive shipping. Investors are slow to back him
CMA CGM’s $20 billion promise stood out because of its size. Rival ocean carriers did not make multibillion-dollar investment promises in the past year.
HBO series navigates personal transformation, self-love [Unscripted column]
Many of us have given up hope of cracking the top 1%. Apart from a lottery win, billion-dollar wealth will remain forever out of reach for the mass of humanity,
Cost of Trump's Coal Push Plays Out in Dollars, Noise and Health
J.H. Campbell, a coal plant in Michigan, was slated to close, but the federal government is keeping it open.
Business Lookahead: Giddy Up
STORY: From bellwether Walmart reporting earnings... to new economic data out of the UK... these are the stories to watch in business and finance in the coming week.:: The trillion dollar clubFresh off hitting $1 trillion in market value, Walmart posts quarterly results on Thursday.Walmart's report offers a glimpse into consumer spending after recent data showed December U.S. retail sales were unexpectedly flat.A surprisingly strong employment report for January eased some concerns about economic weakening.Economic reports in the coming week include the advance reading of fourth-quarter GDP, a monthly consumer sentiment survey, and the personal consumption expenditures price index, a key inflation measure.:: Heavy metalsEurope's four largest mining companies report earnings in the coming week.Copper, gold, silver and other precious metals all recently hit records - but the January rally has given way to a sharp February sell-off.Last month's rally boosted the market values of Rio Tinto, Glencore, Anglo American and Antofagasta.Their earnings will test whether the momentum can be sustained.:: UK economic data UK labor market data and inflation readings will provide fresh fodder for markets, even though investors are still digesting the fallout from the recent government instability.Labor market numbers due on Tuesday will show if a gradual cooling of wage growth has continued.Then, January inflation data comes Wednesday.The political turmoil has set a tense backdrop, leaving markets highly sensitive to data swings. Fitch is also due to review its UK rating on Friday.
Politics is now driving the dollar
The normal order of what influences the world’s most important reserve currency is breaking down
Blue states prepare to lose federal health dollars
The Trump administration is trying to claw back around $660 million in grants that were earmarked for blue states.
Minnesota sues after CDC cuts millions of dollars in public health grants
MDH reported that 107 health departments across the county received the funding, but the grants for Minnesota, Colorado, Illinois and California have been cancelled, totaling more than $1.5 billion.
Cyberattacks emerges as “material transaction risk” for PE
New survey showed the multi-million dollar impact of each cyber incident and yet, a Kroll executive believes it is "just the tip of the iceberg"
Hamilton County commissioner wants to redirect tourism funds toward sports recruitment
Some Hamilton County commissioners say they want to use tourism dollars to ramp up sports recruitment efforts.Commissioner Chip Baker says repeated efforts to g
Ford CEO: 'The customer has spoken' after EV loss nears $5 billion
Ford once predicted it would sell 150,000 electric pickups each year. Instead, it recorded another multi-billion-dollar loss in 2025.
Federal funds worth $5.6 million to support Grand Rapids, Muskegon Heights health centers
Two West Michigan health centers are receiving federal funding ranging from thousands to millions of dollars.
Behind the Baton Rouge bet that led to a billion-dollar business empire
Local auto dealer Joe Agresti built an empire with Nick Saban. So what’s next? In 2004, Joe Agresti bet everything—his life savings and his parents’ home—on a failing Mercedes-Benz dealership in Baton Rouge that had lost $600,000 the previous year. His mother was terrified. His father’s response: “Trust this guy. He’s a winner.” Two decades […]
China has reportedly told banks to scale back Treasury holdings
A report on Monday said regulators told banks in China to dial back Treasury holdings. Bond yields edged higher and the dollar dropped.
Exclusive: MrBeast launches 'Million Dollar Puzzle' with Super Bowl ad
A Super Bowl spot starring the YouTube celebrity sets off a complex puzzle game. Someone will win $1 million at the end.
He Built A Million-Dollar Business, Then Stopped Filing Taxes — Dave Ramsey Says '2,561 People Went To Jail Last Year' For That'
Early success can mask slow-moving financial disasters until they are impossible to ignore. Carlos called "The Ramsey Show,” saying his janitorial business grew into a million-dollar operation before years of unfiled tax returns, unpaid payroll taxes, and mounting debt left him considering bankruptcy. "I haven't filed taxes since 2017 or 2018," he told personal finance expert Dave Ramsey, saying he also has not paid payroll taxes since that time. Don't Miss: Fast Company Calls It a ‘Groundbreaki
Small Business Administration says billions of dollars in fraud was found in California
Small Business Administrationadministrator Kelly Loeffler said Friday that the agency suspended over 111,000 California borrowers due to suspected fraud.
The multimillion dollar business of sports ceremonies
Balich Wonder Studio is leading an event that represents a significant investment for sponsors and broadcasters
St. Louis mobile RV business works to rebuild after truck was stolen, torched
A St. Louis small business owner is starting over after her truck and thousands of dollars in tools were stolen last month in Kansas City, Missouri, and the vehicle was later found abandoned and torched
Norman aims to retain high-income families with new entertainment district
Economic experts in Norman believe a billion-dollar entertainment district could help reverse the decline in high-income families, as the city faces a significant drop in such households.
Would raising Pennsylvania's minimum wage be good for business?
Pennsylvania’s minimum wage may be going up for the first time since 2009.A bill raising it to fifteen dollars an hour has passed in the state House of Represen
Facing a Democratic Blitz, Susan Collins Scores a Super Bowl Ad in Maine
The ad is part of a multimillion dollar effort by a Republican-aligned group to help Ms. Collins, who is seen as one of the party’s most vulnerable incumbents.
Norman's billion-dollar entertainment district moves forward after Supreme Court ruling
The Oklahoma Supreme Court has ruled in favor of a billion-dollar entertainment district in Norman.
House votes to legalize online sports betting and divert $600M to pension system
Proponents say this could generate tens of millions of dollars a year in new tax revenue, but critics warn it would fuel gambling addiction and hurt brick-and-mortar casinos.
NYC, NJ Business Groups Urge Trump to Restore Gateway Funds
Business leaders, labor groups and transit advocates are calling on the Trump administration to restore funding to a $16 billion rail tunnel that links New Jersey and Manhattan as work on the project is set to shut down on Friday absent federal dollars.
Trillion-dollar question for AI business models
Investments in AI companies have surged, but profitability remains out of reach for many, prompting concerns about future business models.
Usher, Big Sean open 'Detroit’s Entertainment Innovation Incubator' for youth in the city
Two of the biggest superstars in music were in Detroit on Tuesday, making a million-dollar investment in the city’s youth.
Republican incumbents maintain fundraising leads in Alaska’s congressional races
U.S. Sen. Dan Sullivan and U.S. Rep. Nick Begich had millions of dollars each in their campaign accounts heading into the election year.
Proposed hospital bill could send local tax dollars out of county
An effort to increase collaboration and improve health care has some unintended consequences, including more power with less oversight.
Are western New Yorkers spending more on digital entertainment as winter sets in?
As winter settles across Genesee County, colder evenings and shorter days are reshaping how households in Batavia and nearby communities spend their discretionary dollars. With outdoor options limited and heating
The world's first trillionaire is coming. Here's what it will mean
Elon Musk may see his net worth surpass the trillion-dollar mark as soon as 2027, if not sooner. And he's not alone
‘Food is medicine’ and the $800M shortfall: How WV hopes to change rural health care
With West Virginia now poised to lose hundreds of millions of dollars annually in federal health care funding, Gov. Patrick Morrisey plans to embrace a “food-is-medicine” movement to bridge the gap and make the state’s residents healthier so they’re less reliant on the health care system.
Missouri sports betting tops $540 million in first month
Bettors in Missouri wagered more than half a billion dollars in December during the state’s first month of legalized sports betting, according to a new state report.
Missouri sports betting tops $543M in first month but deductions leave state with only $521K
Missourians placed more than half-a-billion dollars in bets on sporting events in December but promotional offers offset the taxable profits.
California Crypto Billionaires Plan to Spend Tens of Millions on Moderate Candidates
Chris Larsen and Tim Draper, two outspoken Silicon Valley leaders, are planning to spend tens of millions of dollars to elect moderate state lawmakers this year.
Chicago small business owner says she lost over $8K to fraud, bank held her responsible
A small business owner in Chicago says thousands of dollars were stolen from her bank account.
Medicare Advantage insurers face new curbs on overcharges in Trump plan
Federal officials have a plan that could curb billions of dollars in overpayments to Medicare Advantage plans. But will they follow through on it?
Apple Stops Selling $200 'Pro Apps' Bundle With Final Cut Pro and More
Following the launch of Apple Creator Studio this week, Apple has quietly stopped selling its valuable "Pro Apps Bundle for Education" (archived link). "Pro Apps Bundle for Education" included one-time-purchase versions of Apple's Final Cut Pro, Logic Pro, Motion, Compressor, and MainStage apps at a steep discount, with U.S. pricing set at $199.99. Purchasing each of the included apps separately costs $629.95, so the bundle provided more than $400 in savings.
What to know about the Melania Trump documentary
As Melania Trump prepares to walk the red carpet at the newly rebranded Kennedy Center Thursday evening, she is proving that a peek behind the curtain of her life isn’t just a historical record, but a multi-million-dollar commodity.
Weak dollar drives gold over $5,500 an ounce for first time, amid geopolitical and debasement fears
Rolling coverage of the latest economic and financial news
Trump’s National Guard deployments have cost taxpayers nearly $500 million dollars
President Donald Trump’s sweeping deployment of National Guard troops to several major cities across the United States cost taxpayers approximately $496 million from June through December last year, according to an estimate from the Congressional Budget Office.
The Alliance for Primary Health Care in the Americas marks two years and formally welcomes Bolivia and Uruguay as members
PAHO, the World Bank, and the IDB initiative has driven health system transformation and aligned more than one billion dollars in investments across five countries. Brazil expressed its support, signing a letter of intent.Rio de Janeiro, 28 January 2026 — The Alliance for Primary Health Care (PHC) in the Americas, a joint initiative of the Pan American Health Organization (PAHO), the World Bank (WB), and the Inter-American Development Bank (IDB), is celebrating its second anniversary with achievements in transforming health systems across the region.
As More Founders Aim To Build Billion-Dollar, One-Person Businesses, New Research Points To High-Potential Niches
A new report points to areas where it is possible for solo founders to grow to $1 billion in revenue using AI, blockchain and a global team of freelancers.
Expiration of federal health insurance subsidies: What to know in California
Thousands in California who rely on the state-run health insurance marketplace face premiums that are thousands of dollars higher as federal subsidies expire.
Where is the Supreme Court’s decision on Trump’s tariffs?
When the Supreme Court agreed last September to hear a dispute over President Donald Trump’s billion-dollar tariffs on foreign goods, it heeded the administration’s plea that time was of the essence.
AI boom will produce winners and ‘carnage,’ says tech boss; dollar sinks to four-year lows after Trump comments
Cisco chief executive says technology ‘will be bigger than the internet’ but current market is probably a bubble; dollar selling intensifies, gold climbs through $5,200 an ounce to new record high
Middletown business damaged after snow pushed by plow breaks window
A Connecticut spa is dealing with tens of thousands of dollars in damage after snow shattered its front window during this week’s storm. Middletown Police said the damage happened when snow pushed by a plow hit the storefront. The owners of The Bare Collection by Bareskin Beauty Bar said they woke up to find their window shattered and snow pouring…
Who Really Pays for Business Tax Cuts in New Hampshire?
NHFPI’s own analysis of business tax rate reductions in New Hampshire found that the business tax rate reductions cost the state about a billion dollars in revenue from 2016 to 2024.
Climate-risk scores shape billion-dollar decisions, and new study says science behind them needs to be more transparent
A new paper published in Proceedings of the National Academy of Sciences argues that trustworthiness of climate-risk scores depends not just on the sophistication of the models used to produce the scores but also on whether the science behind them is open, reusable and transparent enough for others to examine, test and improve.
Downtown business faces hundreds of dollars in damages, following weekend break-in
This is the 4th time Tent City Tap House has been broken into in the last six years
5 ChatGPT Prompts To Build A Million-Dollar Business With Zero Employees
Build a million-dollar business without employees using these ChatGPT prompts. Create systems, not teams, for true entrepreneurial freedom.
Entertainment Listing: Jan. 28
Wednesday Jan. 28 Hangar 9 • Carbondale Open deck competition night and dollar night, 8 p.m. Hawthorne Art • Carbondale Hey Neighborino Club: Comedy and storytelling open mic, 2 p.m. PK’s • Carbondale Advertisement Trivia, 8 p.m. Little Nashville • Marion Bingo, 6 p.m. Thursday Jan. 29 Booby’s • Carbondale Karaoke, 8:30 p.m. Hangar...
Melania Trump’s multimillion-dollar documentary project faces a key test this week
First lady Melania Trump and Amazon MGM Studios face a high-stakes test this week with the release of the “Melania” documentary: Will the multimillion-dollar investment pay off?
Rolex 24 brings record-breaking attendance and economic boost to Daytona Beach
The roar of engines isn’t the only thing turning heads in Daytona Beach this weekend. Record-breaking crowds for the Rolex 24 are bringing new energy and dollars to the local economy.
Shreveport advances 50 Cent's $22M entertainment dome
(The Center Square) – A 30,000-square-foot, dome-style entertainment venue in downtown Shreveport is part of a multimillion-dollar plan using public and private dollars to try to revive the city's economy.
Founding charter of Trump's 'Board of Peace' signed in Davos
US President Donald Trump says he is honored to chair the Board of Peace he rolled out at the WEF in Davos. The group was originally part of his Gaza peace plan and is charging a billion dollars to be a permanent member.
Nintendo Switch 2 led December sales in the U.S., now at 4.4 million, doubled Switch 1's performance
Much has been made of Nintendo Switch 2’s sales during the holiday period, but with the December 2025 Circana U.S. sales report having just been released, it paints a more positive picture. Last month, Nintendo Switch 2 led the hardware market in both unit and dollar sales. The same also goes for 2025 as a whole. Thanks to that, the...
Alarm as US mulls prioritising citizens in research funding
A senior White House official said the Trump administration is considering ways to prioritise research funding to American citizens, triggering alarm in the research community that the country could destroy its century-long status as a magnet for overseas talent.Michael Kratsios, director of the White House Office of Science and Technology Policy (OSTP), said last week that it is “important for us to continue to emphasise the use of federal R&D dollars towards American scientists and technologists that are staffed by Americans in their labs.” Asked about support for Chinese students during a Congressional hearing, Kratsios went on to say that in future funding announcements, the OSTP would “emphasise” that “we're funding American students.”The precise meaning of his impromptu comments, and what they could mean in policy terms, isn’t yet clear. The OSTP did not respond to multiple requests for clarification from Science|Business.But given that US science and technology has relied on overseas talent for the past century, Kratsios’s words have alarmed former US science officials.Immigrants have made up around 30-40% of US Nobel Prize winners since the 1940s, for example. Except for some sensitive projects, countries typically grant research funding on a nationality-blind basis, lest they deter foreign scientists from immigrating. “If director Kratsios’s statements are taken literally and become official policy of the White House, [research-intensive] universities will likely have to close labs if not entire research divisions,” said David Biggs, a former science and technology official in the US State Department. In their most extreme interpretation, Kratsios’s comments would imply that foreign scientists established in the US would see access to funding curtailed. This would “result in many world-leading professors who work in the United States in fields that this administration considers a priority (like fusion energy, artificial intelligence, and quantum computing) leaving the country,” said Cole Donovan, a former US science diplomat, and now associate director at the Federation of American Scientists.CripplingHowever, given the context of the conversation, Kratsios may have been referring more narrowly to funding for doctoral or postdoctoral students. At the hearing, he said he wanted to see labs staffed by US citizens. But even this would have devastating consequences for the US science system, say former officials, because the country is so dependent on early-career foreign researchers. Recent statistics show that nearly half of those in the US with a PhD in science, technology, engineering or mathematics (STEM) are considered short-term visitors, or non-residents in the official terminology. If this included residents who are not yet citizens, the proportion would likely be even higher. “Foreign PhD students are really a significant and core part of the university STEM workforce, and postdocs is similarly large,” said Donovan. Preventing US-based academics from hiring them from overseas would be a serious blow, he said. “If it's the case that this administration intends to limit funding to labs staffed only with US citizens, the effect will be to cripple the American scientific enterprise,” said Chris Marcum, a former OSTP official. “To think that these researchers can simply be replaced is a pipe dream. The labs will close,” said Marcum. Go elsewhereAround half of US-trained postdocs are foreign-born, said Biggs. “If these top international students cannot get funding to do their research, or even if they hear that funding for foreign students has been greatly restricted and will be super competitive, they will no longer choose to study in the US and will go elsewhere.” It’s unclear for now if Kratsios’s comments will translate into a real policy shift. But they could add to turmoil in the US science system since Donald Trump took over as president one year ago. Related articlesNIH turmoil risks reciprocal EU-US access to health research fundingUS set to close office responsible for global science and technology dealsTrump halts new NIH grants to international health-research partnersSince then, nearly 8,000 grants at the National Institutes of Health and National Science Foundation have been frozen or terminated, Naturereports. Courts have overturned most of these cancellations, but the disruption caused remains significant. Both those agencies have also dished out around a quarter fewer grants this year than normal, the journal reported. International student enrolment is also down by 17%. The Trump administration also proposes to cut research budgets by around a third, although Congress may mollify the cuts.
Alarm over US plan to prioritise citizens in research funding
The US’s leading science official has said the country will focus its research spending on scientists with US citizenship, triggering alarm that the country could destroy its century-long status as a magnet for overseas talent.Michael Kratsios, director of the White House Office of Science and Technology Policy (OSTP), said last week that it is “important for us to continue to emphasise the use of federal R&D dollars towards American scientists and technologists that are staffed by Americans in their labs.” Asked about support for Chinese students during a Congressional hearing, Kratsios went on to say that in future funding announcements, the OSTP would “emphasise” that “we're funding American students.”Kratsios’s precise meaning, and what it could mean in policy terms, isn’t yet clear. The OSTP did not respond to multiple requests for clarification from Science|Business.But given that US science and technology has relied on overseas talent for the past century, Kratsios’s words have stunned former US science officials.Immigrants have made up around 30-40% of US Nobel Prize winners since the 1940s, for example. Except for some sensitive projects, countries typically grant research funding on a nationality-blind basis, lest they deter foreign scientists from immigrating. “If director Kratsios’s statements are taken literally and become official policy of the White House, [research-intensive] universities will likely have to close labs if not entire research divisions,” said David Biggs, a former science and technology official in the US State Department. In their most extreme interpretation, Kratsios’s comments would imply that foreign scientists established in the US would see access to funding curtailed. This would “result in many world-leading professors who work in the United States in fields that this administration considers a priority (like fusion energy, artificial intelligence, and quantum computing) leaving the country,” said Cole Donovan, a former US science diplomat, and now associate director at the Federation of American Scientists.CripplingHowever, given the context of the conversation, Kratsios may have been referring more narrowly to funding for doctoral or postdoctoral students. At the hearing, he said he wanted to see labs staffed by US citizens. But even this would have devastating consequences for the US science system, say former officials, because the country is so dependent on early-career foreign researchers. Recent statistics show that nearly half of those in the US with a PhD in science, technology, engineering or mathematics (STEM) are considered short-term visitors, or non-residents in the official terminology. If this included residents who are not yet citizens, the proportion would likely be even higher. “Foreign PhD students are really a significant and core part of the university STEM workforce, and postdocs is similarly large,” said Donovan. Preventing US-based academics from hiring them from overseas would be a serious blow, he said. “If it's the case that this administration intends to limit funding to labs staffed only with US citizens, the effect will be to cripple the American scientific enterprise,” said Chris Marcum, a former OSTP official. “To think that these researchers can simply be replaced is a pipe dream. The labs will close,” said Marcum. Go elsewhereAround half of US-trained postdocs are foreign-born, said Biggs. “If these top international students cannot get funding to do their research, or even if they hear that funding for foreign students has been greatly restricted and will be super competitive, they will no longer choose to study in the US and will go elsewhere.” It’s unclear for now if Kratsios’s comments will translate into a real policy shift. But they could add to turmoil in the US science system since Donald Trump took over as president one year ago. Since then, nearly 8,000 grants at the National Institutes of Health and National Science Foundation have been frozen or terminated, Naturereports. Courts have overturned most of these cancellations, but the disruption caused remains significant. Both those agencies have also dished out around a quarter fewer grants this year than normal, the journal reported. International student enrolment is also down by 17%. The Trump administration also proposes to cut research budgets by around a third, although Congress may mollify the cuts.
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