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South Uist business faces 'non-stop cancellations' amid ferry disruption
Archie MacLellan, who owns Uist Travel Accomodation, says he has had many cancellations.
Iran War Volatility Challenges Small Business: Expert Resilience Strategies
Six weeks into the Iran war, Hormuz disruptions are driving up oil prices, squeezing small businesses. Experts say cut costs, protect cash flow, and build resilience now.
Government of Canada strengthens business growth in Delta and Richmond
In today's rapidly changing global economy, businesses across Canada are facing increasing costs and supply chain disruptions. B.C.'s innovative businesses play a vital role in creating good jobs and supporting vibrant communities. To remain competitive and resilient, they must continue to adapt and seize new opportunities for growth.
How the European Space Agency became the quiet power in planetary science and what its institutional model reveals about building consensus across 22 nations
The European Space Agency's 22-nation consensus model appears slow and bureaucratic, but it has produced one of the most quietly productive planetary science programs on Earth. Understanding its institutional design reveals how distributed commitment, geographic return, and mandatory science funding create missions that survive political disruptions no single nation's program could weather.
Police remove fuel protesters from Dublin center as disruption over soaring costs continues
Police have broken up a blockade in Dublin by protesters who have disrupted Ireland for a week over the soaring cost of fuel.
Countries are turning against U.S. fossil fuels after Iran war
As economies in Asia and Europe reel from the energy disruption, leaders make plans to permanently replace imported oil and gas with homegrown energy.
Deadly Philly parking garage collapse leaves Grays Ferry shopping center, businesses closed
Grays Ferry residents and businesses are dealing with ongoing closures and disruptions after a partial parking garage collapse, with demolition set to begin Friday morning.
US software stocks fall as Anthropic's new AI model revives disruption fears
U.S. software shares tumbled on Thursday after Anthropic held back the wide release of a powerful AI model over concerns it could expose hidden cybersecurity vulnerabilities, deepening investor fears about the threat to traditional software firms.
Goldman warns of 'very painful' gas shock if disruptions persist
Qatar, which accounts for roughly one-fifth of global liquefied natural gas supply, has seen its infrastructure knocked offline following recent attacks.
Iran-linked hackers have disrupted multiple US industrial sites
Iran-linked hackers have successfully targeted and caused disruptions at multiple US oil and gas and water sites in recent weeks, according to a federal advisory released Tuesday and three sources familiar with the investigation.
Venture Global cashing in as gas markets tighten
Venture Global is poised to reap significant profits from the latest global energy shock, as disruptions in the Middle East tighten liquefied natural gas supplies, The Wall Street Journal writes. The exporter, which has several Louisiana-based projects, has built a lucrative strategy around selling a sizable portion of its cargo on the volatile spot market, […]
Trump speech on Iran war, recent remarks on oil, NATO, daycare costs land with a thud
Trump's meandering speech did little to assuage U.S. allies and world markets concerned about the conflict's ongoing disruptions to the global oil supply.
Why More Than 1 Million Americans Are Starting Small Businesses
A record number of Americans are starting businesses driven by job market anxiety, AI disruption, and a fundamental shift in how workers think about risk.
Roundup: LNG milestone / Final investment decision / TSA funding
Production begins: A major LNG project on the Texas-Louisiana border has begun production, marking a key milestone for U.S. energy exports as global supplies tighten. The QatarEnergy–ExxonMobil joint venture is preparing to ship its first cargo in the coming months, positioning the facility as a critical new supply source amid geopolitical disruptions impacting global gas […]
Delaware Judge reassigns Musk cases following allegations of bias over LinkedIn-emoji claims
Musk's lawyers accused a Delaware judge of bias over a LinkedIn post, but she denied the claim and reassigned his lawsuits to avoid media disruption.
California farmers were already struggling. Then came the Iran war
The war's disruption of exports and rise in fertilizer prices are hurting California farmers.
Guilford College Business Summit focuses on navigating global uncertainty
Leaders from across industries share strategies for navigating global disruption—from supply chains to workforce development—while emphasizing collaboration as
'Major disruption in Neanderthal history': 65,000 years ago, all Neanderthals in Europe died out except for one lineage
The last Neanderthals to survive in Europe came from a single lineage that survived the worst period of the ice age, ancient DNA reveals.
Private Equity firm says
Thoma Bravo's Holden Spaht said the popular narrative around AI and software is incorrect, and not all software makers are equally exposed to disruption.
South Florida car business hit by global conflict after missile damage in Dubai, as shipping disruptions mount
New images out of the region show destruction tied to escalating tensions involving Iran, and for one Miami Lakes-based company, the fallout is both immediate and costly.
The politics of California’s surging gas prices
Gas prices continue to spike amid oil market disruptions caused by the war in Iran — and both Republicans and Democrats are working to capitalize on the issue.
Dimon warns on AI job losses, calls for government-business incentives
The potential AI-related disruption of the job market is a critical issue in Washington, with lawmakers trying to curb the amount of job displacement.
When to book summer flights for 2026 as oil prices rise
Rising oil prices and travel disruptions are pushing airfares higher. We asked travel and aviation experts for advice on when to book summer flights.
Markiplier to Microdramas: The Ankler x NAB Show’s Future of Entertainment
Share Subscribe Vegas, baby! The Ankler is heading back to NAB Show for a second year in a row — and doubling down on conversations with the smartest people in the industry. From April 18–22, we’re partnering again with the industry’s biggest media and tech gathering to break down the Business of Media and Entertainment as it’s actually evolving: faster, riskier and increasingly driven by new formats, new audiences and new power players. This curated series will bring together top creators, executives and innovators to tackle the forces reshaping the industry — from the AI disruption of Hollywood’s creative ecosystem to the rise of the creator economy, shifting audience behavior and the changing economics of production. We’ll be rolling out more programming in the coming weeks — including top speakers from leading AI studios, prediction markets and beyond — so keep an eye on the Business of Media and Entertainment hub. But first up, we’re announcing two panels about what’s actually working in Hollywood: The Scary-Smart Business of Horror A good scare has become one of the entertainment economy’s most reliable engines. With disciplined budgets, built-in fandoms and global box office upside, horror consistently outperforms. From theatrical releases to streaming-first originals and creator-driven IP, the genre is artistically flexible and financially durable — and one of the last truly communal experiences for Gen Z and Gen Alpha audiences. Join YouTube creator Mark Fischbach, aka Markiplier, whose independent feature Iron Lung earned more than $50 million at the global box office, Atomic Monster president Michael Clear and screenwriter Akela Cooper (M3GAN, Malignant) for a conversation moderated by Like & Subscribe’s Natalie Jarvey about why horror travels so effectively across platforms and borders, how studios and independents are building sustainable genre pipelines and why the next wave of breakout franchises may emerge from unexpected sources. Inside the Microdrama Boom Short-form serialized storytelling is having a major moment. Microdramas, social-native series and creator-led narratives are capturing massive audiences with low-cost, rapid production cycles and direct-to-fan distribution. What was once dismissed as niche or experimental is now attracting major platform investment. Moderated by Jarvey, this panel of microdrama creators and executives — including one of the format’s top stars and producers, Kasey Esser, and Dhar Mann Studios’ head of vertical content, Erin McFarlane — examines how format innovation, fandom dynamics and algorithmic discovery are reshaping the economics of scripted storytelling and what traditional studios can learn from these agile models. For sponsorship opportunities, contact Lynne@theankler.com Share
Bessent rules out government intervention in oil futures market during Iran war
Treasury Secretary Scott Bessent said the U.S. won't intervene in oil futures markets, focusing on physical crude supply to offset Iran conflict disruptions.
Swatch Warns Political, Economic Challenges to Continue in 2026
Swatch Group AG is bracing for economic and political upheaval to persist this year, as the Swiss watchmaker hit out at tariffs and trade disruption that have upended the luxury industry.
By the numbers: What war with Iran means for Louisiana's ports
As the joint U.S.-Israeli war on Iran stretches into its third week, Louisiana maritime leaders are keenly monitoring disruptions to the global supply chain, and energy markets in particular.
Power outage stalls business at Mass. State House
A State House electrical outage ended around noon Thursday after the Legislature’s website and internet connectivity within the building were knocked out of commission Wednesday evening. Legislative Information Services sent an email to legislative members and staff on Wednesday around 9 p.m., stating that an electrical outage in the State House caused a service disruption. Portions of the building were running…
Are we still in a shutdown? Here's how DHS disruptions impact Americans
Here's why the U.S. Department of Homeland Security is shut down and what the partial closure means for Americans.
Oil prices rise again as more vessels attacked near the Strait of Hormuz
Oil prices rebounded Wednesday, as worries about a prolonged supply disruption in the Strait of Hormuz outweighed a report of a potential record release of oil reserves.
Stagwell CEO Sees Turmoil at Rivals Bringing In New Business
Stagwell Inc. Chief Executive Officer Mark Penn said disruption among competitors and a contentious midterm cycle will support the company’s performance this year.
Vietnam urges people to work from home to save fuel as Iran war disrupts supplies
Vietnam's trade ministry has called on local businesses to encourage their employees to work from home as part of efforts to save on fuel amid supply disruptions and price surges triggered by the Iran war.
Historic price shock: Oil surges above $100
A historic disruption to the world’s oil production sent crude prices smashing through the $100 barrier Monday for the first time in nearly four years.
VIEW Oil surges 20% as Iran war fuels supply fears
Oil prices jumped about 20% in early trading on Monday, hitting their highest since July 2022, as the expanding U.S.-Israeli war with Iran fuelled fears of tighter supply and prolonged disruptions to shipments through the Strait of Hormuz.
Millions of jobs vulnerable as ‘silver tsunami’ looms over US small businesses, experts warn
Nearly half of U.S. small-business owners are 55 or older, and with many lacking succession plans, jobs and local economies could face disruptions in the coming decade, experts warn.
Anthropic is tracking the jobs most exposed to AI disruption
Anthropic economists say there's not yet evidence to suggest AI is fueling a spike in job losses in highly exposed fields like computer programming.
Arts Politics graduate students went to the Lincoln Center
Professor Michael McElroy took his Public Policy and African American Music graduate students to the Syncopated Stages: Black Disruptions to the Great White Way at the New York Public Library / Lincoln Center
Popular fruits and vegetables linked to higher pesticide levels
A sweeping new study reveals that what’s on your plate may directly shape the pesticides circulating in your body. Researchers found that people who eat more fruits and vegetables known to carry higher pesticide residues—such as strawberries, spinach, and bell peppers—also have significantly higher levels of those chemicals in their urine. While produce remains a cornerstone of a healthy diet, the findings highlight how everyday food choices can drive real-world exposure to substances linked to cancer, hormone disruption, and developmental harm.
Supply Chain Paralysis and Internet Outages Emerge as Top Business Black Swans
Allianz survey finds more than half of risk managers view cascading supply chain disruptions as the most plausible Black Swan event for their companies.
Gulf businesses reel as Iran strikes trigger regional shutdowns
DUBAI >> Iran’s retaliatory strikes across the Gulf have triggered the most widespread business disruption in the region since the COVID-19 pandemic, forcing airport closures, halting port operations and sending shockwaves through financial markets.
Politics live: Penny Wong warns Australians of ‘serious travel disruptions’ due to Iran conflict; NSW to review hospital maintenance after outbreaks of mould and bird lice
Follow today’s latest new updates
Gulf businesses reel as Iran strikes trigger regional shutdowns
Iran's retaliatory strikes across the Gulf have triggered the most widespread business disruption in the region since the pandemic, forcing airport closures, halting port operations and sending shockwaves through financial markets.
Investment in AI-resistant ‘Halo’ companies helps push UK and EU markets to record highs
Investors are shifting toward physical assets that are partially insulated from disruption, says Goldman Sachs
Teetering US tech trade puts anchor on market as Nvidia test looms
The technology stock trade has stumbled out of the starting block in 2026, stemming from pressure from artificial intelligence disruption fears and the allure of groups that have lagged, but the broader market may struggle to make substantial gains without the heavyweight sector's help.
Business Lookahead: Nvidia earnings take center stage
STORY: As global markets react to the U.S. Supreme Court ruling on President Trump's tariffs, Nvidia earnings head for center stage. These are the stories to watch in business and finance in the coming week. :: Nvidia's momentMarkets will be watching for Nvidia's quarterly results Wednesday...as investors worry about returns on AI spending and industry disruptions caused by the emerging tech.Nvidia shares have soared following the launch of ChatGPT in late 2022.But shares of the company and others in the "Magnificent Seven" have stalled so far in 2026.:: Anniversary angstTuesday marks the four-year anniversary of Russia's full-scale invasion of Ukraine.While the push for a ceasefire continues, getting one over the line remains difficult.Ukraine has faced sustained pressure to agree to a deal that could mean painful concessions, as Russian forces pound its power grid and slowly advance on the battlefield.The International Monetary Fund looks set to rubberstamp extended support, meaning Kyiv's bonds are flying high.:: Key Australia dataAustralia's consumer price reading Wednesday will be closely watched by investors, who are betting the central bank will hike rates at least once more this year.Earlier this month, Australia's central bank became the only one in the G10 outside Japan to tighten policy, as it struggles to bring inflation under control in a supply-constrained economy.:: British uneaseBritish Prime Minister Keir Starmer faces a reckoning Thursday in a Manchester special election.Investors will be watching the results closely. Friday could be another volatile day for British markets and Westminster.British gilts and the pound wobbled earlier this month as a crisis engulfed Starmer over what he knew of Peter Mandelson's links to late sex offender Jeffrey Epstein when he appointed the former as U.S. ambassador.
Scientists warn! Gulf Stream collapse could trigger severe global disruption | - The Times of India
Science News: Scientists are again examining the strength of the Atlantic Meridional Overturning Circulation, the vast ocean system that moves warm water northwards.
As East Colfax BRT construction approaches Aurora, city leaders look to Denver for lessons on business impact
As construction on the East Colfax Bus Rapid Transit project moves closer to Aurora, business owners and neighbors along the corridor say they are bracing for short-term disruption while holding onto hope for long-term revival.
Claude’s AI Market Structure Disruption Business Leaders Must Watch
Specialized AI service firms face challenges as big players move in. Business users must consider vendor lock-in and pricing when setting AI strategy.
OpenAI and Anthropic battle in the political arena
Opposing AI forces are scrambling to impose their political agendas as the next tech disruption takes shape.
Underground fire aftermath still hurting downtown business: ‘We’ve had to leave Charles Street to make money’
More than a year after an underground fire shut down part of Charles Street near Mount Vernon, nearby businesses say the disruption continues to hurt foot traffic and deliveries.
Asia shares mostly lower after sharp Wall Street losses on AI-related worries
Asian markets are mostly lower after a tech sell-off on Wall Street over investor concerns on AI disruptions.
The State of the City and the politics of interruption in Memphis
On Tuesday, as Memphis Mayor Paul Young delivered his State of the City address,, a grassroots organization disrupted it by shouting. The setting was a church. Children were present. Reactions were immediate and divided. Some called it courageous. Others called it disrespectful. What has unsettled so many people about this disruption is not the protest […]
SIUH receives $10.5M in state funds to improve mental health care access
The funding will help prevent crises, emergency department visits and disruptions in care, the hospital has announced.
Small business owners address ICE economic impact
Small business owners say they are still facing economic disruption despite claims of a federal immigration enforcement drawdown.
Small business owners address ICE economic impact
Small business owners say they are still facing economic disruption despite claims of a federal immigration enforcement drawdown.
Dallas businesses fear I-30 project disruptions
Could I-30 construction spell disaster for Dallas businesses? See how ongoing detours are taking a toll.
SEC's Sankey backs NCAA in affidavit vs. Bediako
SEC Commissioner Greg Sankey filed an affidavit on Thursday emphatically arguing that not upholding NCAA eligibility rules "fuels disruption" on the college sports landscape.
Pandemic disruptions to health care worsened cancer survival, study suggests
NEW YORK (AP) — During the early years of the COVID-19 pandemic, experts worried that disruptions to cancer diagnosis and treatment would cost lives. A new study suggests they were right.
Pandemic disruptions to health care worsened cancer survival, study suggests
A new study reveals that cancer patients diagnosed during the early COVID-19 pandemic had worse short-term survival rates than a similar group before the pandemic
International science cooperation must go on, say research leaders
Science leaders in Europe and Canada say international cooperation must go on amid geopolitical turmoil. At the same time, Europe and like-minded countries should continue to enhance and diversify international partnerships, a Science|Business conference hears. Hugh Brady, president of Imperial College London, told delegates that Europe’s response to the current geopolitical climate should be to “diversify in terms of research partnerships and build resilience and scale into our own system.”A first priority should be for the EU to sort out the scope of the upcoming European Competitiveness Fund and ensure that, together with the next iteration of Horizon Europe, it can drive the development and scale up of new technologies. The EU and the countries associated to the Horizon Europe programme represent “the world's most successful research innovation ecosystem,” Brady said. In order to mitigate the negative effects of shifting geopolitics, the EU together with the UK, Switzerland, Canada, South Korea and others should talk about “building resilience” and address their own “regional needs,” he added. Responding to TrumpUnder Donald Trump’s leadership, the US government has slashed science budgets and shut down international research programmes. Nearly 8,000 grants at the National Institutes of Health and the National Science Foundation have been frozen or terminated. Courts have overturned most of these cancellations, but the disruption caused remains significant. While Europe may persuade a few thousand disgruntled scientists to move across the ocean to work on topics that have been de-funded in the US, it’s unclear what should happen next with transatlantic scientific cooperation more broadly.“Now is the time for us to show [US researchers] our support as much as we can,” Brady said.The European Research Council (ERC), the EU’s basic science funder, has seen a surge in applicants from the US. According its latest data, US-based researchers submitted 347 proposals to the last three big funding rounds, up from 158 in the previous set of calls. The European Commission has also launched a €22.5 million pilot call in 2025 for the Marie Skłodowska Curie Actions, the EU’s researcher training scheme. It plans to extend this support with a €51.25 million call in 2027 as part of the Choose Europe initiative, which is intended to make the continent a more attractive place to pursue a career in research. Related articlesData corner: US researchers are choosing EuropeEU-India deal highlights growing alignment on technology policyMeanwhile, in the private non-profit sector, the Volkswagen Foundation is experimenting with a new type of grant that would allow US researchers to split their time between the US and Germany. While these schemes are useful, Europe should not bet on an exodus of scientists from the US. “The idea that we might all see them flocking over to Europe is naïve and counterproductive,” said Maria Leptin, president of the ERC, also speaking at the Science|Business conference on February 5. “We need research in the US to be as healthy as possible. I really admire those who are staying there with a will to fight and an optimism that the world will turn into a better place again,” Leptin said. Preserving dataDespite political disruption, academics have found ways to continue cooperating and sharing research data. Leslie Weir, president of the International Federation of Library Associations and Institutions and Canada’s national librarian, said the US cuts have raised concerns about research data security, after ideologically sensitive databases were limited or deleted by the Trump administration. But international organisations teamed up to ensure that the data is not lost. “It's interesting to see that researchers and libraries across North America are collaborating to make sure that data at risk is duplicated elsewhere outside [the US],” Weir said.
Everbridge Recognized in Business Continuity Management Software Landscape, Q1 2026 Report by Independent Research Firm
VIENNA, Va., February 04, 2026--Everbridge, Inc., the global leader in High Velocity Critical Event Management (CEM) and national public warning solutions, today announced its inclusion in Forrester’s The Business Continuity Management Software Landscape, Q1 2026. The report reflects renewed urgency around business continuity as organizations face more frequent disruptions, rising operational risk, and expanding regulatory expectations tied to resilience and preparedness – areas Everbridge suppo
Software stock selloff goes global amid fears over AI-led disruption
Rolling coverage of the latest economic and financial news
BILL, American Express Global Business Travel, and DigitalOcean Shares Are Falling, What You Need To Know
A number of stocks fell in the afternoon session after fears of disruption from artificial intelligence spooked investors, leading to a broad-based sell-off.
Unity, Video Game Stocks Fall as Google’s AI Tool Sparks Fears
Unity Software Inc. and video game stocks plunge Friday on fears of possible artificial intelligence disruption after Google began to roll out Project Genie.
Fidelity settles lawsuit over access to 'business-critical' Broadcom software
Fidelity Investments said on Friday it had reached an agreement to settle a lawsuit accusing Broadcom of threatening to cut off its access to software that had become central to the financial firm's systems, creating a risk of outages and trading disruptions.
Fidelity settles lawsuit over access to 'business-critical' Broadcom software
Fidelity Investments said on Friday it had reached an agreement to settle a lawsuit accusing Broadcom of threatening to cut off its access to software that had become central to the financial firm's systems, creating a risk of outages and trading disruptions. The Boston-based asset manager moved to voluntarily dismiss a lawsuit it filed in a state court in Massachusetts in November, after Broadcom agreed to continue providing its services and software to one of its subsidiaries, a Fidelity spokesperson said. "Broadcom's services to Fidelity will continue uninterrupted, and there will be no impact on Fidelity's business operations, customers, associates, or business partners," the spokesperson said in a statement.
NIL: The Creative Disruption Reshaping Both College Sports And Culture
NIL is much more than a policy change quietly happening within college sports. Instead, it's setting the stage for a cultural revolution
Target's HR chief memo about "expected disruptions" from ICE
In a memo to staff, chief human resources officer Melissa Kremer said the company is "listening and working to de-escalate where possible."
Exhaled breath may carry clues to gut microbiome health
The human gut is home to trillions of beneficial microbes that play a crucial role in health. Disruptions in this delicate community of bacteria and viruses—called the gut microbiome—have been linked ...
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.
At Davos, Business Leaders Seek a Human-Centered AI Future
At the World Economic Forum, executives weigh AI’s promise against its social and economic disruptions.
White House says Walz, Frey incited chaos after anti-ICE mob storms Minneapolis church
Minneapolis faces escalating anti-ICE protests following fatal shooting of protester Renee Good, with federal agents investigating church disruption and fraud scandal.
The Man Delivering FedEx Into the Age of Drones, Robots and A.I.
Raj Subramaniam took over three years ago from FedEx’s founder, who ran the company for nearly 50 years. Since then, technology, tariffs and other disruptions have “fundamentally shifted” patterns of global trade.
Jerry J. Bobb Unveils Bold Strategy for Business Pivot: Scaling Back to Move Forward
Facing staffing shortages and supply disruptions, Jerry J. Bobb narrowed operations rather than expanding them—a move he says helped stabilize a...
Treasury Wine Drops Most in a Month on New Risk to US Business
Treasury Wine Estates Ltd. shares fell the most in a month after reports that an American distributor may sell its operations raised the prospect of further disruption to the company’s already struggling US business.
Fort Worth business reflects on two years since Sandman Hotel explosion
Two years after an explosion injured 21 at the Sandman Hotel, nearby Fort Worth businesses are still recovering from the disruption and delays.
Venezuelan business owner in Tempe shares story of fleeing his country
While the country has remained stable, some business owners in the Valley are already anticipating disruptions in merchandise.
JLR sales hit by cyber attack disruption and tariffs; Next beats Christmas expectations
Rolling coverage of the latest economic and financial news
❝After a year of disruption, global health needs leaders with backbone
Funding shocks, political U-turns and weakened institutions have laid bare the flaws in a global health architecture long overdue for reform – and the need for courageous leadership to stop it from unravelling, writes Priti Patnaik, global health journalist and founder of the Geneva Health Files.
❝After a year of disruption, global health needs leaders with backbone
Funding shocks, political U-turns and weakened institutions have laid bare the flaws in a global health architecture long overdue for reform – and the need for courageous leadership to stop it from unravelling, writes Priti Patnaik, global health journalist and founder of the Geneva Health Files.
In a tumultuous year, U.S. health policy has been dramatically reshaped under RFK Jr.
The department’s rapid transformation has garnered praise from MAHA supporters who say they long viewed HHS as corrupt and untrustworthy and have been waiting for such a disruption.
Global stock markets head for best year since 2019 despite trade war disruption
Rolling coverage of the latest economic and financial news
Baptist Health-Cigna contract dispute could lead to disruption in care
More than 1.4 million Texas families insured with Cigna face healthcare uncertainty as the company may not renew its contract with Tenet Healthcare.
'Misery Map' shows holiday travel chaos on both coasts with canceled and delayed flights
According to the "Misery Map," which tracks real-time flight disruptions, there have been hundreds of delays and cancellations.
What Can U.S. Employers Do About Rising Healthcare Costs?
U.S. employers are grappling with surging healthcare costs as healthcare prices and service volumes rise. Provider consolidation, high drug prices, labor shortages, and growing chronic disease are fueling the cost increases. Employer have largely responded by shifting expenses to workers. Their track record in pursuing aggressive options—including collective purchasing, tiered plans, value-based care, and advocating for changes in government policies—is poor. The big question is whether they have the will to become more aggressive in pursuing remedies. The outlook is not promising. The reasons include the complexity of the problem, employee resistance to some solutions, and the fact that most employers just don’t have sufficient “skin in the game” to take on the disruption and risk that would be required to bend the healthcare cost curve significantly or sustainably.
Column | Trump tweets, White House staff disruptions trigger 2017 déjà vu
GOP lawmakers are battling the same distractions as in Trump’s first term despite talk of stability in the West Wing.
Tomball businesses brace for planned power outage during critical holiday week
Tomball businesses face disruption due to a planned power outage on Wednesday, impacting holiday sales. Utility upgrades aim to prevent future extended outages.
Roundup: Small business confidence / Commercial real estate / Private consumer lending
Ticking up: Small business confidence rose slightly in November, with the NFIB optimism index climbing to 99.0 on stronger sales expectations, outperforming forecasts. However, hiring remains challenging, as labor quality is still the top concern. Meanwhile, inflation pressures and supply chain disruptions are growing and uncertainty over future investment has increased. Expectations for better business […]
Faculty cite political climate driving student migration to SEC schools from northeast
SEC schools attracted students seeking stability as Northeastern colleges face enrollment declines and campus protests, with Auburn University avoiding Gaza-related disruptions.
Kentucky provides $750,000 to support Covington businesses during bridge projects
Kentucky Gov. Andy Beshear announced a $750,000 funding initiative to support Covington, Kentucky, businesses affected by two major bridge construction projects, aiming to alleviate disruptions for local commuters and enterprises.
TriHealth and UnitedHealthcare negotiations could disrupt health insurance
Thousands of people in Cincinnati face potential disruptions in their health insurance or may need to switch providers due to ongoing negotiations between TriHealth and UnitedHealthcare, with critical procedures and birthing plans hanging in the balance.
Small Business Saturday rescheduled after snow disrupts shopping event
MADISON, Wis. -- Small Business Saturday faced significant disruption due to snow, but local businesses and advocates remain optimistic about a rescheduled event planned for this upcoming weekend.
Colorado businesses concerned about increased costs, supply chain issues as a result of tariffs, report finds
Colorado businesses face mounting headwinds amid a suite of tariffs enacted this year, with concerns about elevated costs, supply chain disruptions and consumer backlash, according to a new state report. The study is the second...
New prevention tools and investment in services essential in the fight against AIDS
On World AIDS Day, the World Health Organization (WHO) calls on governments and partners to rapidly expand access to new WHO-approved tools including lenacapavir (LEN) to drive down infections and counter disruption to essential health services caused by cuts to foreign aid.