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Indianapolis Tabbed No. 3 Best Sports Business City by Sports Business Journal
CHARLOTTE – Sports Business Journal (SBJ) has named Indianapolis as the No. 3 Best Sports Business City in the United States, the organization announced on Monday. The Best Sports Business Cities™ list highlights the top 50 cities for businesses operating in and around sports and influences strategic direction for sports business professionals across the United States. Started in 2023, Best Sports Business Cities™ is an editorial initiative developed by Sports Business Journal, the industry’s leading news source on the business of sports. Using extensive data from dozens of sources and insights from nearly 120 influential sports business executives, SBJ evaluated more than 2,000 markets to identify the top cities based on opportunity, economic environment and industry sentiment to identify cities with strong business presence, hiring potential and long-term investment viability.
Indianapolis Tabbed No. 3 Best Sports Business City by Sports Business Journal
CHARLOTTE – Sports Business Journal (SBJ) has named Indianapolis as the No. 3 Best Sports Business City in the United States, the organization announced on Monday. The Best Sports Business Cities™ list highlights the top 50 cities for businesses operating in and around sports and influences strategic direction for sports business professionals across the United States. Started in 2023, Best Sports Business Cities™ is an editorial initiative developed by Sports Business Journal, the industry’s leading news source on the business of sports. Using extensive data from dozens of sources and insights from nearly 120 influential sports business executives, SBJ evaluated more than 2,000 markets to identify the top cities based on opportunity, economic environment and industry sentiment to identify cities with strong business presence, hiring potential and long-term investment viability.
Sports Business Journal Announces the 2026 Best Sports Business Cities™ in the U.S.
Atlanta has been named the No. 1 Sports Business City in Sports Business Journal's annual rankings. The Best Sports Business Cities™ list highlights the top 50 cities for businesses operating in and around sports and influences strategic direction for sports business professionals across the United States.
Schroders to leave China fund management business
Schroders is withdrawing from its wholly owned fund operation in China and has agreed to transfer its products to Neuberger Berman.
Baidu beats first-quarter forecasts as AI business drives strong growth (BIDU)
Baidu (NASDAQ:BIDU) shares climbed more than 2% in premarket trading on Monday after the Chinese technology group delivered first-quarter revenue and earnings ahead of market expectations, supported by rapid expansion in its AI-related operations. AI-powered business becomes major revenue contributorThe company reported quarterly revenue of 32.
Power Families of Chicago: Hoffmann
The Hoffmanns — whose company operates 52 platform businesses in eight vertical categories — are among Chicago's most powerful families.
StanChart to Absorb Zodia Subsidiary’s Crypto Custody Business
Standard Chartered Plc plans to acquire the crypto custody business of its majority-owned subsidiary Zodia Custody Ltd., expanding the reach of the bank’s own digital-asset operations.
Winvia Entertainment agrees Rev Comps acquisition to expand UK prize draw operations (WVIA)
Winvia Entertainment (LSE:WVIA) has entered into an agreement to acquire the trade, business and selected assets of Rev Comps, a family-operated UK digital prize draw platform. The acquisition will be financed entirely from the company’s existing cash resources.
Markel introduces new media and entertainment coverage to professional liability offerings
Markel, the insurance operations within Markel Group Inc., has expanded its professional liability offerings for insurance protection against
US crypto ATM operator Bitcoin Depot files for Chapter 11 to wind down business
Bitcoin Depot said changing regulatory environments have made it difficult to continue its current business model.
Microsoft Brings Back Windows 10-Style Taskbar and Start Menu Customization in Windows 11
If you were a user of the Windows 10 operating system with a customizable Taskbar location, you were familiar with Taskbar customization and different placements. However, Microsoft kept this feature restricted in Windows 11 for a long time. The company is now introducing full support for Taskbar an...
Business fuel-saving efforts give automakers software opportunities
Many fleet operators can't easily pivot to more fuel-efficient vehicles since they need vans and pickups to haul and tow. Telematics are one answer.
BeXide announces 3D puzzle game NAMCO LEGENDARY Mountains for Switch 2, Switch, and PC
BeXide, in cooperation with Bandai Namco, has announced 3D puzzle game NAMCO LEGENDARY Mountains for Switch 2, Switch, and PC (Steam). It will launch this summer. A demo will be playable at BitSumm…
Hims & Hers Health, Inc. Announces Proposed Convertible Senior Notes Offering to Support International Expansion and Accelerate AI-Driven Platform Investment
Proceeds intended to be used to preserve financial flexibility as Hims Hers executes on its international expansion strategy, including the proposed acquisition of Eucalyptus, invests in technology and operational infrastructure to drive anticipated cost efficiencies, and enhances the consumer experience with AI and its closed-loop data ecosystem. Hims Hers Health, Inc. (“Hims Hers” or the “Company”, NYSE: HIMS) today announced its intention to offer, subject to market and other conditions, $300 million aggregate principal amount of convertible senior notes due 2032 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Hims Hers also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an
Caesars Entertainment and Las Vegas nonprofit launch new food donation program
A major Strip casino operator is partnering with a local nonprofit to combat food insecurity in Southern Nevada. Caesars Entertainment has launched a new partne
How Penn’s Penn Interactive Layoffs and Restructuring Will Impact PENN Entertainment (PENN) Investors
Penn Entertainment recently cut more than 75 jobs in its Penn Interactive division, affecting theScore Bet, online casino, and social gaming operations as part of a broader restructuring following pressures in the sports betting market and the fallout from its ESPN Bet branding deal. The layoffs, including several senior roles, highlight management’s push to streamline a loss-making digital segment even as online sports betting and iGaming revenues have been improving. Next, we’ll examine...
Business People: General Mills veteran Dana McNabb named COO
General Mills, Golden Valley, announced that Dana McNabb has been promoted to chief operating officer, effective June 1. MONO, a Minneapolis- based ad agency, announced the return of Jeffrey Gorder as CEO. Pope Design Group, St. Paul, announced the addition of Sara Rapp as northern Minnesota market lead, based in Duluth.
Is Android still an operating system? Google says no, but here's why that's a stretch
The "intelligence system" rebrand is bold marketing, even if Android hasn't actually changed that much.
Albany Mayor Applyrs looks ahead in budget gap update
On Saturday, the mayor said her administration has been able to find almost $6 million in savings to address a $19 million operating deficit.
Retro Recap: All The Classic Gaming News From The Past Week (May 17th 2026)
SN Operator! Zelda! 3DS! Return To Blacktooth!
Scientists May Have Solved Two of Fusion Energy’s Biggest Problems at Once
Scientists have demonstrated a new plasma operating regime that could help solve two of fusion energy’s biggest challenges at once.
Gaming operator Affinity Interactive hires Chad Brown
Gaming operator Affinity Interactive has appointed Chad Brown as chief marketing officer. In this role, Brown will lead marketing strategy and brand development at Affinity and across the broader A...
How Investors May Respond To PENN Entertainment (PENN) Cutting Jobs In Its Interactive Division
PENN Entertainment recently announced it will cut more than 75 roles in its Interactive division, as operators across the sports betting industry respond to competitive and technological pressures including AI-enabled platforms and prediction markets drawing customers away from traditional sportsbooks. This restructuring highlights how PENN is reassessing the cost structure and scale of its digital betting operations at a time when its long-term plans rely heavily on improving profitability...
Derek Candelore Introduces The Service Blueprint Program to Support Home Service Business Growth
PITTSBURGH, PA / ACCESS Newswire / May 16, 2026 /Derek Candelore has announced the launch of The Service Blueprint, a structured business development program designed to address common operational and scaling challenges faced by home service companies. ...
Hundreds show up to support Rehovot businesses fined for opening on Shabbat
Ice cream parlor Otello and cafe Nook are cited after operating on Saturdays for over a year, leading residents to complain about uneven enforcement of Shabbat policy
5 Must-Read Analyst Questions From Flutter Entertainment’s Q1 Earnings Call
Flutter Entertainment’s first quarter saw revenue and non-GAAP profitability surpass Wall Street’s expectations, but operating margin declined sharply year-over-year. Management attributed this performance to continued momentum in international markets, especially Italy and the UK, and the rollout of new sportsbook and iGaming features in the U.S. CEO Peter Jackson highlighted the launch of FanDuel’s new loyalty and generosity programs and noted that product enhancements, such as early win promo
ENTERTAINMENT: Opera in the Ozarks sets summer season; CALS screens ‘The Grocery List Show’
Opera in the Ozarks, the summer music festival and opera training program, will feature two fully staged operas and one opera pairing, June 26-July 24 at Inspiration Point Center for the Arts, five miles west of Eureka Springs.
Oak View Group's Impact On The PWHL Continues To Grow
With PWHL expansion to Oak View Group operated venues in Seattle, and now Hamilton, as well as their league-wide partnership for sponsorship and partnerships, the two organizations continue to strengthen their bond.
What is modern-day sports betting doing to sports?
Gambling, frequently operating under the euphemism “fan engagement," has become so fundamental to professional sports the two can hardly be disentangled.
U.S. and Nigerian mission kills Islamic State group leader, Trump says
Trump made the announcement of the joint operation to take out Abu-Bilal al-Mainuki in a late-night social media post Friday that offered few details.
Top Stories: iPhone 18 Pro Rumors, iOS 26.5 Released, and More
WWDC is less than a month away, so the focus of the Apple world is turning toward what we might see in the next major operating system updates, but we're also looking ahead to the busy hardware update season in the fall. This week also saw a significant change to Apple's education pricing program in some countries, while a new commemorative U.S.
Future of hockey at Bridgeport arena unclear as bidders tour facility
The Wonderland of Ice manager joined the final tour of the municipal entertainment arena for potential new operators now that Islanders hockey is off to Canada.
Colorado county Republican chair arrested in sting on allegations he tried to pay for sex with a child
Hunter Rivera, the 24-year-old chairman of the Weld County Republican Party, was one of two men arrested Thursday on suspicion of trying to buy sex from Larimer County Sheriff’s Office investigators who posed as minors as part of an operation targeting child predators. After news of Rivera’s arrest broke late Friday, multiple prominent Republicans denounced […]
Downtown Youngstown entertainment venues rebound financially
YOUNGSTOWN — The city-owned entertainment facilities started the year off strong with a $300,448 operating surplus during the first quarter — the fourth-best January-March in its history — rebounding from a $484,728 loss in 2025. “It’s a great start for the year,” said Eric Ryan, president of JAC Management Group, which operates the Covelli Centre, […]
Lawmakers considering raising taxes on sports betting operators
People familiar with state budget negotiations told WRAL that lawmakers have discussed increasing the tax rate paid by sports betting operators to generate more money for the state.
Jefferson Health had a $252.6 million operating loss in the nine months ended March 31
The loss included $94.6 million in restructuring charges related to layoffs last fall and other moves designed to improve the nonprofit’s future financial performance.
Golf Entertainment Group Inc. Reports First Quarter 2026 Results
STAMFORD, Conn., May 15, 2026--Golf Entertainment Group Inc. (OTCQX: GLFE) (the "Company"), a leading owner and operator of golf, hospitality, and entertainment experiences, today announced financial results for the quarter ended March 31, 2026.
How one rural health system is designing targeted AI pilots to ease care delivery pressures
Berkshire Health Systems CIO William Young says artificial intelligence must do more than impress people with new features. It has to save time, cut waste, and help a rural health system survive mounting financial and operational strain.
AASHTO Journal - Maryland DOT Issues More Purple Line Business Grants
The Maryland Department of Transportation recently issued $600,000 in new grants to support operations at 60 small businesses impacted by the construction of the Purple Line light rail line. [Above photo by the Maryland DOT] The Purple Line Small Business Grant Program distributes funds in three rounds each year. Those grant awards – which vary […]
New Nationals Head of Business Operations Jason Sinnarajah teases a ballpark tuneup
I had the chance to speak with Jason Sinnarajah, who talked about the attendance, beer prices and a stadium refresh
More taxes on sports betting? NC lawmakers discuss the possibility as industry pushes back
Lawmakers have weighed increasing tax rates on sports betting operators and an additional tax on lottery sales and individual sports bets, sources tell WRAL. No decisions have been made. And the proposals could pose enormous hurdles — and industry opposition.
Should Your Subscription Business Use Auto-Renew?
Subscription businesses obsess over pricing and churn, but the most consequential strategic choice may be far simpler: whether subscriptions auto-renew or auto-cancel. Drawing on a 1.4 million–person field experiment with a major European newspaper, the authors show that while auto-renewal boosts short-term retention, it suppresses trial sign-ups so sharply that auto-cancel ultimately produces more paying subscribers and higher-quality customers over time. The right approach depends on two factors—whether customers are naturally loyal or variety-seeking, and whether a company is an incumbent defending share or a challenger trying to acquire it—making renewal defaults a competitive strategy decision, not merely an operational setting.
PAVmed Provides Business Update and Reports First Quarter 2026 Financial Results
/PRNewswire/ -- PAVmed Inc. (NASDAQ: PAVM) ("PAVmed" or the "Company"), a diversified commercial-stage medical technology company, operating in the medical...
Britain Politics
From left, Mayor of London Sadiq Khan, Prime Minister Keir Starmer, Commander Clair Haynes, and Commissioner Mark Rowley meet police officers to discuss operational planning, in London, Friday, May 15,
Britain Politics
From left, Commander Clair Haynes, Prime Minister Keir Starmer and Mayor of London Sadiq Khan meet police officers to discuss operational planning, in London, Friday, May 15, 2026. (Peter Nicholls/Pool
Britain Politics
Britain's Prime Minister Keir Starmer meet with police officers to discuss operational planning ahead of this weekend's protests in London, Friday, May 15, 2026. (Peter Nicholls/Pool Photo via AP)
Britain Politics
Britain's Prime Minister Keir Starmer and Commander Clair Haynes meet with police officers to discuss operational planning ahead of this weekend's protests in London, Friday, May 15, 2026. (Peter Nicholls/Pool
5 Must-Read Analyst Questions From AMC Entertainment’s Q1 Earnings Call
AMC Entertainment’s first quarter saw a positive market response, driven by significant year-over-year revenue growth and improved operating margins. Management attributed this performance to a stronger box office environment, particularly across North America and Europe, as well as disciplined cost control and enhancements in the guest experience. CEO Adam Aron highlighted the impact of expanded premium screens, improved per patron spending, and the continued success of loyalty programs. Notabl
Chartbook 449: Voldemort on Threadneedle street. The Bank of England and the "haunted house" of English politics.
Imagine the scene: In some Harry Potter version of 21st-century London, a group of deathless UK Treasury officials gathered from across the last century huddle over warm pints and glasses of Chardonnay. Around the table there are officials from the 1920s, the 1930s, the 1970s, 2022 and today. Inevitably, in May 2026, the subject of conversation is the disintegration of the current Labour government. Despite its huge majority in parliament, it has been reduced to tatters by catastrophic local election result. These exposed the fact that rather than having a government with a clear popular majority, the UK is like most other modern societies divided into 5 segments each of which commands between 26 and 16 percent of the vote. Perhaps unsurprisingly, the leadership at Nos 10 and 11 Downing Street - where the Prime Minister and the Chancellor (Treasury Secretary) work - seem paralyzed. They are caught between mounting discontent over unfairness and the cost of living, and tough fiscal strictures that push them into making unpopular spending decisions. In the London pub, the Treasury officials from across the ages, can barely hide their satisfaction at the latest display of democratic politics caught in the vice-grip of financial logic. “Remember the mur d’argent and the banker’s ramp?” “Just like yesterday!” There are smirks around the table. Then the representative of 2026 pipes up: “One thing you have to say about the current lot (referring to the latest hapless Labour government), you don’t have to teach them about the bond market!” There is a murmur of ascent from the Treasury Mandarins. The trauma of the fiscal crisis of September-October 2022 sits deep. Back then, in the final stages of Tory decay, a ‘mini budget’ that challenged fiscal orthodoxy led to a brief but fierce panic in one of the oldest government bond markets in the world (aka gilt market). Now all you have to do is to mention the “bond market” to hush debate. [ Paul Mason@paulmasonnews In the name of public service, and as ex-economics editor of BBC Newsnight, I offer to do a zoom call, tonight, with any Labour MP who wants to understand why bond markets do not "fall into line" with governments. 1/ 3:57 PM · May 12, 2026 · 466K Views 224 Replies · 674 Reposts · 3.93K Likes ](https://x.com/paulmasonnews/status/2054229532404519082?s=20) “And the funny thing is”, the young man in the huddle continues, “they don’t even want to talk about … ”. There is a sudden hush. Significant looks are exchanged around the table. About? One of the senior figures puts down his glass with a decisive “clink”. He-Who-Must-Not-Be-Named has entered their thoughts. Meanwhile, a few miles away in a grubby pub in Bloomsbury, two conspirators from the camp of Critical Macrofinance huddle over cans of low-alcohol IPA. They look at each other and blurt out loud: “The Bank!” “Everyone in the bloody Labour party is talking about the bond market. But why aren’t they even mentioning … the Bank of England!?” “Why is no one talking about Voldemort?” In Paul Mason’s blogpost, after much chest-thumping about basic fiscal logic, the basic point about the Bank of England is buried in the fine print at #3 in his list of suggestions as to what a radical Labour government might actually be able to do! [ Conflict & Democracy Down with the bond market! Down with gravity! It may seem unfair to focus on Labour MP Paula Barker for her off-the-cuff assertion that the bond market would have to “fall in line” with Andy Burnham, should he replace Keir Starmer as prime minister. But Burnham himself told the New Statesman that Labour had to “get beyond this thing of being in hock to the bond markets… Read more 2 days ago · 100 likes · 3 comments · Paul Mason ](https://htsf.substack.com/p/down-with-the-bond-market-down-with?utm_source=substack&utm_campaign=post_embed&utm_medium=web) Back in Bloomsbury they shake their heads and ask: “Didn’t we learn anything from the Eurozone crisis?” Meanwhile, as if summoned to the conversation by some higher force, the “pink pages” announce: “The days of ultra-cheap government borrowing have come to an end” and Martin “Whizzard” Wolf publishes the graph of the season Look at the UK in 2026, perilously positioned on the upper edge of the pack. No wonder no one in London needs any lessons about the “bond market”. But, look again. Imagine how they feel in Rome. What is London’s nightmare in 2026? The nightmare is that you end up like Italy in the early 2010s during the Eurozone crisis. Once comfortably situated in the middle of the pack, watching with horror as your ten-year yields explode to 7 percent and “spreads” become a national nightmare. One of the largest economies in Europe, a founding member of the euro, stigmatized. But the message of the Italian experience is ambiguous. After all, the stigma didn’t last. In 2026, Italy borrows at rates lower not only than the UK but the US. The US, which, as everyone knows, enjoys the “exorbitant privilege” of being the issuer of reserve, safe asets. What kind of magic is this? How did Italy, in the space of fifteen years, go from being good, to bad and back again? Which brings us back to our dissident friends in their Bloombury boozer and their memories of the Eurozone crisis. Italy never was Britain - with its ongoing fiscal deficits. Without interest payments, on primary balance, from 2000 to 2020 Italy ran a tight fiscal ship. Even in 2008 it barely went into deficit and when it was being put on the rack in the early 20210s its primary surplus matched that of austere Germany. So, what happened? How did it end up stigmatized? Of course Italian politics didn’t help. Berlusconi was at the helm and he had legal issues. But amongst friends in the Bloomsbury pub, Berlusconi is a sideshow, the name we whisper to each other is “Trichet”. From 2004 to 2011 the ECB was headed by Jean-Claude Trichet, ex of the French Treasury, more German than the Germans. After 2009 as the news of the Greek fiscal disaster broke, the European bond markets wento into panic mode and Trichet began a brutal game of cat and mouse. Between 2009 and 2011, Trichet intervened in the bond market to help, only when he thought he had compliance with austerity. When he thought they were uncooperative, he withdrew. In the summer of 2011, he even made direct suggestions to his Italian counterparts in Rome, as to how Italy should be governed. It was this cat and mouse game that drove the bond markets crazy and exposed Italy to a violent squeeze. When Mario Draghi took over the ECB at the end of 2011 and declared “whatever it takes”, the pressure on Italy, gradually eased. It is that starring role that has made Draghi into the towering figure in European politics that he remains today. So now you see why voices in London hush when it comes to the Bank of England. “The bond market” isn’t an irresistible objective force like the weather or an avalanche. It can appear like that. But that depends on the way it is being handled, or not handled by the central bank. Which is why the silence about the Bank of England in London right now is so significant. If you think this all sounds a bit fishy, coming from a left-liberal Keynesian like myself, well, let me introduce you to Robin Brooks, who, to put it mildly, plays on a different quidditch team to me. Here, from the position of a fiscal hawk is Robin’s celebratory account of the Bank of England’s role since 2022; In October 2022, at the height of the bond market blow-up in the UK, something incredible happened. Governor Andrew Bailey told British pension funds the Bank of England would end its support program for the country’s fragile gilt market, drawing a line under how much help the central bank was willing to give to exposed pension funds and - implicitly - the government. By the end of that week, Kwasi Kwarteng - the finance minister - had resigned. Prime Minister Liz Truss would soon follow. This episode is so incredible because it contrasts with what happened in the Euro zone earlier that year. Bond markets in Spain and Italy were under pressure amid high inflation and rising interest rates. In the middle of this, Mario Draghi - Italy’s Prime Minister - resigned, compounding pressure on bond markets of high-debt countries on the Euro periphery. Unlike the Bank of England, the ECB caved. It bought Italian and Spanish government bonds in an effort to cap yields and introduced a new tool that signaled to markets it might do such caps more frequently going forward. Faced with pressure on bond markets, the ECB capitulated to political pressure from high-debt countries like Italy and Spain. The Bank of England stood its ground and toppled the Truss government. This kind of thing has long-lasting consequences. It means markets price a higher probability of yield caps in the Euro zone, which keeps Italian and Spanish yields artificially low, while markets feel free to push up UK yields without fear of central bank intervention. As I flagged in yesterday’s post, this means you really can’t compare UK yields to those of other high-debt countries. The UK looks worse, but only because its central bank isn’t interfering with markets. There’s more to this than just that 2022 episode. The Bank of England has also been much more aggressive in its quantitative tightening (QT) than other central banks. If one motivation for quantitative easing (QE) is to lower bond yields - especially longer-dated ones - then it stands to reason QT pushes yields up. The left chart above shows a four-quarter moving average of UK government debt issuance (black line) in percent of GDP and which sectors absorb this issuance, including the Bank of England (blue bars). The right chart above compares the Bank of England’s accumulation or run-off of government bonds (blue line) with that of other central banks, where this blue line is the same as the blue bars in the left chart. The Bank of England was quicker and more aggressive than other central banks in downsizing its bond holdings, so UK yields will have risen more than elsewhere also for this reason, not just because of Governor Andrew Bailey’s remarks in October 2022. Back in October 2025, after a conversation in New York with friends in British politics, my sense of dysphoria was such that I raised the issue of the Bank of England openly in the FT Since 2008, the UK has slid into a deep economic and political predicament. Growth has stagnated to a degree far worse even than in the 1970s. The Tory leadership’s wager on the Brexit referendum spectacularly backfired, leaving the UK isolated from Europe and at the mercy of its special relationship with the US, many of whose political class regard the UK as a basket case. After years of austerity, the Labour party lurched to the left and then back to the centre. The Tory party has been eclipsed by the populist nationalism of Reform. Any British government should be worrying first and foremost about how to restart growth. Instead, Keir Starmer is beset by shades of the gilt market panic triggered by the Liz Truss government in 2022. The debt level is higher than in recent years, but there is no cause for panic. UK debt is at far from critical levels and of long duration. Whether you want to “take back control” or launch progressive economic policy, a democracy dogged by fear of bond market vigilantes is unhealthy. In a country that is a monetary sovereign, this climate points to one thing: a disconnect between the government and the central bank. Since 1997, the independence of the Bank of England has become a sacred cow. But independence is what you make of it. And in the wake of the gilt market crisis of September 2022, relations between the Bank of England and the UK government need a reset. In normal times, there is no doubt that an inflation-targeting independent central bank can serve a country well. But since 2008, the UK and other advanced economies have not had the luxury of such simple problems. To their credit, central bankers around the world have not stood on orthodoxy. After 2008, the US Federal Reserve rescued the global banking system and, through quantitative easing, it stabilised the Treasury market in the face of huge deficits. In Europe, things were trickier. Both the Bank of England under Mervyn King and Jean-Claude Trichet’s European Central Bank played cat and mouse with national governments. This was a high stakes wager that between 2010 and 2012 escalated bond market tension and triggered a disastrous turn to austerity. Shaken by the impact of those shocks, their successors, Mark Carney and Mario Draghi adopted a more protective stance (assuming you were not the government of Greece). Recall that Draghi’s legendary slogan, “Whatever it takes”, was uttered to face down the City of London’s bond vigilantes. In 2015, Draghi launched QE — financial repression by another name. In 2016, Carney used the authority of the Bank of England to stabilise markets following the vote for Brexit, an exemplary demonstration of how central banks can underpin democratic choice, even when those choices are wrong headed. All these were independent central bankers steeped in the best practice of the 1990s, who recognised that historic crises demanded radical action. It was the price surge of 2021-2023 that poisoned the atmosphere. Though the shock came mainly from the supply side, central banks ended up in the dock. Nowhere more so than in the UK. The Bank of England reacted with aggressive normalisation. Faced with a cost of living crisis, the governor called for workers to accept real wage cuts. In early 2022, as gas prices were at record levels and Russia’s army was poised to invade Ukraine, the Bank adopted a stringent programme of quantitative tightening, elevating interest rates. When the Truss government got itself in trouble, the Bank took almost a week to come to the rescue. Rather than enacting a charade of normality, it is time to recognise that in 2025 the UK faces a period of historic transition. To meet this challenge, what is needed is a new concordat with the Bank. This should not ignore inflationary pressures or the long-run trajectory of debt, but should affirm the priority of reviving investment-led growth. One could follow Donald Trump in demanding interest rate cuts. The Bank could shadow the ECB in its commitment to capping Eurozone yields. But the top priority should be to lay the ghost of September 2022. The Bank’s slowing of QT last month was a concession. An immediate and complete end would send the right signal. Such a concordat will not by itself restore sanity to politics, solve the housing problem or rebuild the NHS. But it would help to lift the fear of bond market crisis, which is paralysing the effort by democratic politicians to answer the fundamental questions facing the nation. Now, that call for a new concordat between government and Bank of Englands seems more urgent than ever. The problem is that in October 2025, Starmer still had some authority. Today the government is in tatters. And when you are the “under the harrow” - to echo a phrase of Montagu Norman’s from the 1920s - it is the worst possible time to consider institutional change. To make general arguments at a time of crisis can only seem like special pleading rather than a general argument for long-term change. The same, unfortunately, is also true for the other basic institutional reform that Britain urgently needs i.e. the abolition of the out-dated first past the post electoral system and its replacement by a moderated form of proportional representation. And thirdly - whilst we are saying the quiet parts out loud - Britain needs to reopen the question of EU membership. What the local election results of 2026 show is that this remains a key issue. And what they also show is that there is a clear majority that would favor a return. Until these basic features of Britain’s political economy are addressed the country will carry on its politics as though in a haunted house, governed by governments that lack actual majorities, conjuring up false constraints whilst ignoring the real ones. This one is for DG and MI. I love writing the newsletter. If you enjoy it too and fancy buying me a coffee once a month, you know what to do. Click below! Subscribe
Women’s Health Services Expanded in Berkeley
Pictured above left to right: Lylia Trieu CMA, Gloria Gomez CMA, Mayte Hernandez CMA, Dr. Isabelle Cohen, Kelly Alvarez CMA, Ania Werynski CMA, Rachel Gonzalez CMA Sutter East Bay Medical Group is expanding women’s health services in Berkeley with the completion of Phase II at the Adeline Care Center, which has been operating since […]
NASA’s new AI space chip could let spacecraft think for themselves
NASA is testing a next-generation space computer chip that could give spacecraft the ability to operate far more independently in deep space. The radiation-hardened processor is showing performance levels hundreds of times beyond current spaceflight computers while surviving punishing tests designed to mimic the harsh conditions of space. The technology could enable AI-powered spacecraft, faster scientific discoveries, and smarter missions to the Moon and Mars.
‘There’s science happening all around us’
MARSHALL — As another school year approaching the end, more than 900 area students and participants went on a field trip and made memories at the 2026 Science and Nature Conference on Tuesday at Southwest Minnesota State University, hosted by the Southwest West Central Service Cooperative (SWWC). This was the SWWC’s 32nd annual Science and […]
Apollo’s West Technology Is in Talks to Sell Remaining Business
Apollo Global Management Inc.-backed West Technology is engaged in exclusive talks to sell its remaining operating business to a counter-party, according to people familiar with the matter.
Let the Postal Service Operate Like a Business
The U.S. Postal Service’s financial woes are largely caused by government interference.
Why Sustainability Is a Business Strategy, Not a Nice-to-Have for AstraZeneca
A fireside chat with AstraZeneca's Dafni Kika at ISPE MAST Showcase made the case that decarbonization, AI, and people-centered leadership are converging into one operating...
‘I run an operation that is nimble and small’: Jack Schlossberg dismisses NYT report about ‘erratic’ House campaign
Arts and Entertainment Agenda, May 15-22
Roaring Fork Rising series, beginning May 15 The Wheeler Opera House will present its second annual Roaring Fork Rising performance series designed to showcase local talent hosted at The Vault. Upcoming performances feature Aggie Flores...
Growing pressure on businesses to modernize aging ERP systems
Learn how companies are modernizing their outdated ERP systems to improve productivity, streamline operations, and adapt to changing business needs.
Central European Media Enterprises Joins ACE Anti-Piracy Coalition
Central European Media Enterprises has joined the Alliance for Creativity and Entertainment, the coalition tasked with fighting piracy worldwide. CME is a media and entertainment company operating in ...
Markel expands professional liability offerings with new media and entertainment coverage options
/PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced an expansion of its professional liability offerings for...
Markel expands professional liability offerings with new media and entertainment coverage options
/PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced an expansion of its professional liability offerings for...
Workers in Penn State Health operating rooms raised alarms about safety, sterilization
This story was produced by the State College regional bureau of Spotlight PA, an independent, nonpartisan newsroom dedicated to investigative and public-service journalism for Pennsylvania. Si…
Workers in Penn State Health operating rooms raised alarms about safety, sterilization
This story was produced by the State College regional bureau of Spotlight PA, an independent, nonpartisan newsroom dedicated to investigative and public-service...
Walmart cutting or relocating about 1,000 corporate jobs
Walmart is reportedly cutting or relocating 1,000 corporate jobs as it simplifies its operating structure and pursues a tech-focused growth strategy.
Beasley Sees ‘Turnaround Business’ As Digital Revenue Climbs 18% In Q1.
Beasley Media Group executives used the company’s first-quarter earnings call to frame 2026 as a rebuilding year centered on digital growth, debt reduction and operational discipline. While revenue and EBITDA
Winston-Salem lawn care business owner combats rising gas prices
A Winston-Salem lawn care company owner shares how surging gas prices are affecting his business, leading to fewer customers and higher operating costs.
ProTech Fence owners named Idaho Small Business Persons of the Year
SHELLEY — Local brothers Dallin, Morgan and Scott Jolley never imagined that their parents’ business, which ran out of the garage, would be what it is today. But this month, the three won awards as Idaho Small Business Persons of the Year for their operations of the once-tiny business, ProTech Fence. The award is the […]
Surprise! Iran Is Much Stronger Than Trump Has Been Claiming.
A new report shows that Operation Epic Fury is neither epic nor furious enough to slow down the Iranian military.
Canadian-based company ceases operations; dozens of people laid off in Pennsylvania
The company said its financial position has worsened significantly since 2021, and that it had faced additional pressure since 2024 due to the imposition of tariffs by the U.S. government, post-pandemic reductions in consumer demand, increased competition from offshore competitors, and ongoing cash constraints.
Red Foxes’ Hudson Valley Entertainment Playbook
When the maples blaze and a cool breeze rolls off the Hudson, Poughkeepsie slips into its best season—festival weather, sweater weather, show-going weather. Marist College Red Foxes call this river city home, and the campus hum becomes a perfect launchpad for music and theater all over the Mid-Hudson region. From ornate 19th-century opera houses to big-sky amphitheaters that echo into the hills, autumn here is tailor-made for set lists and standing ovations. Consider this your locally tuned guide: a mix of chart shapers, roots revivalists, and Broadway juggernauts—plus the nearby halls that turn a crisp evening into a memory.
Operator of hantavirus-hit ship will say by week's end when the vessel will resume cruises
The Dutch-flagged MV Hondius is listed on Oceanwide Expeditions' website as scheduled to depart on a cruise later in May that would take it to the Arctic for a series of cruises throughout the summer.
Kissel Entertainment makes industry-wide history becoming first carnival to be iROC-Certified
Kissel Entertainment, one of the nation’s most trusted traveling entertainment providers, has once again made industry-wide history becoming the first carnival to be International Ride Operator Cer…
NAMRU Dayton spotlight: Driving Warfighter Health
Lt. Cmdr. Travis Landry's day-to-day responsibilities at NAMRU Dayton are incredibly diverse. On the clinical side, he maintains his operational skills by conducting submarine and physicals and supporting recruiters heading back to the fleet. Notably, he also provides essential medical care for a large, displaced population of Navy personnel in the Dayton area who are far from traditional Navy Military Treatment Facilities (MTFs)—ensuring that these sailors maintain their readiness even while stationed away from the fleet. On the research side, he plays a critical role in human subject safety. Before any study begins, he evaluates participants to ensure they qualify, reviewing their medical histories and medications to guarantee that the research will cause no harm and that the data collected will be accurate.
Inside the furor plaguing Democratic National Committee leader Ken Martin
Democratic operatives have begun informal discussions about recruiting a new chair, even as most believe Martin’s job isn’t in serious jeopardy before the midterm elections.
The Cigna Group Announces Appearance at the BofA Securities 2026 Health Care Conference
/PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) announced that Brian Evanko, President and Chief Operating Officer of The Cigna Group, will...
IUCN signs One Health Partnership MOU in Viet Nam with Nature for Health commitment
On April 24, 2026, IUCN and UNDP staff attended the One Health Partnership (OHP) MOU signing ceremony and the review of the OHP 2026-2030 Master Plan. IUCN and UNDP representatives signed the MOU with 57 other signatories. In Viet Nam, the Ministry of Agriculture and Environment’s International Cooperation Department (ICD) serves as OHP Secretariat.
Your Business Has a 'Strait of Hormuz' Problem—You Just Don't Know It Yet
The 2026 Strait of Hormuz crisis highlights how the lean operations that built your business might be making it dangerously brittle.
PepsiCo's Eugene Willemsen on meeting Chinese consumers' demand for experiential beverage experience
Eugene Willemsen, CEO of International Beverages at PepsiCo discusses emerging consumer trends in China and how the company uses AI to enhance operation efficiency.
5 Must-Read Analyst Questions From Flutter Entertainment’s Q1 Earnings Call
Flutter Entertainment’s first quarter saw revenue and non-GAAP profitability surpass Wall Street’s expectations, but operating margin declined sharply year-o...
How Larroudé’s CEO built an AI system to improve and expedite business operations
Larroudé CEO Ricardo Larroudé is building an internal AI system to connect sales, inventory, manufacturing and marketing across the footwear company.
Houston pizza bar owner says he was arrested after dispute over health permit
The owner of a popular Washington Avenue restaurant says he was arrested after a dispute with city health inspectors over whether his business had a valid permit to operate.
Daryl Morey out as Sixers president of basketball operations
Daryl Morey’s stint running the Sixers’ front office is over.
Exclusive: CIA escalates secret war on cartels with deadly operations inside Mexico
Since last year, CIA operatives inside Mexico have directly participated in deadly attacks on several, mostly mid-level cartel members, the sources said.
Amazon Studios Head of Business Affairs Dan Scharf to Exit
Amazon MGM Studios is parting ways with its head of business affairs, Dan Scharf, amid on overall restructuring of operations at the studio.
FSU Panama City Small Business Executive Program celebrates first graduating class
The Panama City Small Business Executive Program, operated by Florida State University’s Jim Moran Institute for Global Entrepreneurship, celebrated its
Santa Cruz County business filings: Week of May 12
Businesses operating in Santa Cruz County must register with the county clerk. Lookout Santa Cruz reviews the public filings from local businesses to report on new businesses starting in the area.
Speed-boosting "low latency profile" is one of the improvements coming to Windows 11
All modern operating systems do this, including macOS and Linux."
Find Hub ‘Mark as lost’ will require biometric unlock & hide Quick Settings, more
At The Android Show, Google today announced the latest security and privacy features for the mobile operating system.
Google Unveils New Android AI Features Ahead of Apple’s Siri Revamp
Alphabet Inc.’s Google announced a slew of upcoming features for its Android 17 operating system, showcasing its progress in artificial intelligence weeks before Apple Inc. is set to announce major upgrades to its own iOS platform and AI offerings.
Google announces its Chromebook successor: the Googlebook
Google has a new operating system and a new laptop platform, but no hardware just yet.
Women & Business Profile: Danielle S. McGinnis
Danielle S. McGinnis Cutting Edge Operations Co. CEO & Founder In 2018, Danielle S. McGinnis wanted greater flexibility and more time with her family.
VENU Announces Expansion Plans of Its Premium Live Entertainment Portfolio into Tennessee with Landmark $300 Million Amphitheater at the Bend in Chattanooga
Venu Holding Corporation ("VENU" or the “Company”) (NYSE American: VENU), owner, operator, and developer of premium live entertainment destinations, today an...
VENU Announces Expansion Plans of Its Premium Live Entertainment Portfolio into Tennessee with Landmark $300 Million Amphitheater at the Bend in Chattanooga
COLORADO SPRINGS, Colo., May 12, 2026--Venu Holding Corporation ("VENU" or the "Company") (NYSE American: VENU), owner, operator, and developer of premium live entertainment destinations, today announced it has entered into an agreement to purchase a 15 acre parcel of property for planned expansion into Tennessee where VENU® is taking definitive steps towards the development of a landmark, next-generation, world-class amphitheater at the Bend® in Chattanooga, to be named Sunset Amphitheater Chat
NAVSUP Business Systems Center Meets the Fleet in Hampton Roads
NORFOLK, Va. -- Thirty-four military and civilian personnel from Naval Supply Systems Command (NAVSUP) Business Systems Center (BSC) in Mechanicsburg, Pa., traveled to the Hampton Roads, Va., area of operation to participate in NAVSUP BSC’s Meet the Fleet event, May 4-7.
Telenor Sells Stake in Internet-of-Things Business to Verdane
Telenor ASA agreed to sell a stake in its internet-of-things venture to Verdane Group as the telecommunications company overhauls operations to focus on the core Nordic business.
Flutter Entertainment Reshapes FanDuel Leadership As Shares Trade Below Targets
Flutter Entertainment (NYSE:FLUT) has reshaped its U.S. leadership, with Amy Howe departing as CEO of FanDuel. Christian Genetski has been appointed CEO of FanDuel, taking charge of the U.S. betting and iGaming business. Daniel Taylor has been promoted to President of Flutter Entertainment, retaining responsibility for international operations. These leadership changes arrive at a time when Flutter Entertainment is heavily exposed to the U.S. market through FanDuel, a leading brand in...
Madison Square Garden Entertainment Q3 Earnings Call Highlights
Madison Square Garden Entertainment (NYSE:MSGE) reported higher fiscal third-quarter revenue, supported by concert activity at Madison Square Garden, growth in suites and marketing partnerships, and the final performances of the latest Christmas Spectacular season, while adjusted operating income de
RWJBarnabas Health Opens the Doors to Harvest: A Farm to Community Center
On May 4, RWJBarnabas Health, community partners and public officials celebrated the grand opening of Harvest: A Farm to Community Center. In collaboration with Newark-based farm-to-city social enterprise Urban Agriculture Cooperative, this innovative, first-of-its-kind initiative brings together the power of health care, agriculture, education, and economic development in one strategic centralized location.
Apple Releases iOS 26.5 and iPadOS 26.5 With End-to-End Encrypted RCS, New Wallpaper, and Maps Updates
Apple today released iOS 26.5 and iPadOS 26.5, the newest updates to the iOS 26 and iPadOS 26 operating systems. The software comes nearly two months after Apple released iOS 26.4 and iPadOS 26.4. The new software can be downloaded on eligible iPhones and iPads over-the-air by going to Settings > General > Software Update. Apple has also released iOS 16.7.16 and iOS 18.7.9 for older devices unable to run iOS 26.
Spring Donor Celebration honors the ‘greater good’ at Vanderbilt Health
Four open-heart operations later, Eden is now in second grade and bubbling with ebullient energy. To honor the lifesaving compassionate care she received at Monroe Carell, her parents established a fund in her name, as Elisa Hill put it, “to be for another family what others were for us.”