SCROLL NEWS / DISCOVERY
Search headlines
Find the stories shaping the conversation.
Results for " dollar " 1,189 found 🔀 AI-powered Shuffle
Podcast: UTEP raises millions to compete in Mountain West Conference amid college sports money race
Following an intensive, multi-million dollar fundraising campaign, the university in July exited Conference USA, where it spent 21 years. ESPN 600’s Steve Kaplowitz and Adrian Broaddus join us on the El Paso Matters Podcast.
Trump administration quietly closes criminal probe into Venezuela businessman amid oil deal
For a decade, Venezuelan businessman Alejandro Betancourt has been ensnared in the tentacles of a sprawling Justice Department probe into a sophisticated billion-dollar money laundering scheme that US prosecutors allege embezzled funds from Venezuela’s state-owned oil company known as PDVSA.
Kelly Loeffler on small business optimism rising, credit card swipe fees
U.S. Small Business Administration Administrator Kelly Loeffler joins Cheryl Casone to discuss the July NFIB small business optimism index rise, credit card swipe fees and the SBA Million Dollar Pitch Competition.
A famous singer’s niece built a food business on her own name. A fire threatened to end it
Long Beach has rallied around Casa Camaron y Gavino’s Sushi, raising thousands of dollars for the wife and husband behind it to rebuild.
Sony's PlayStation disc plant is losing 10 percent of its volume in 2028, not 90
Sony’s PlayStation disc plant is losing 10 percent of its volume in 2028, not 90 Sony won’t license disc pressing to anyone else, Microsoft does, and a former PlayStation boss thinks that’s the whole problem. When Sony DADC chief Dietmar Tanzer spoke with an Austrian broadcaster in July about PlayStation disc production at the Thalgau plant, a number of press outlets misunderstood the report, writing that production would fall to a tenth of current levels. It won’t. Sony DADC confirmed to Game this week that the figure is a 10 percent decline, not a decline to 10 percent. “To clarify and avoid any misleading information: in that statement Dietmar anticipated an overall product volume decline by 10 percent, not a decline down to 10 percent,” a spokesperson with Sony DADC told Game. That figure covers 2028. Tanzer didn’t put a number on the years after, and the spokesperson declined to comment further. What we do know is that on July 1, PlayStation announced that physical game disc production for all new games releasing on PlayStation consoles will be discontinued starting January 2028 and that the transition has no impact on games that have already released in disc format or will be releasing in disc format prior to that month. “So, there will be reorders going to the market after January 2028,” the Sony DADC spokesperson said. “For details around that I would ask you to liaise with the PR team from PlayStation, as we can’t speak or comment on their behalf.” PlayStation officials did not respond to questions about reorders or other disc-related matters. But I did recently speak with Shawn Layden, Game Industry Strategic Advisor and former chairman of SIE Worldwide Studios, who called a future without physical PlayStation discs “depressing, but solvable.” then added, “I think.” The chief hurdle to third-party manufacturing of collector’s editions or any other version of a PlayStation game disc is that Sony owns the proprietary process to press those discs, Layden said. “And unless they decide or determine a way to license that to some of these bespoke disc manufacturers, there’s no way to make it happen,” he said. Layden was careful to add that he understands the concept but doesn’t have “line of sight on the particulars.” “Depressing but solvable, I think.” — Shawn Layden Microsoft already licenses replication to outside plants. Xbox discs are pressed by manufacturers Microsoft certifies as Authorized Replicators, a term defined in its publisher agreements, with the approved list set at the company’s sole discretion and Microsoft retaining the right to halt manufacture. The structure is still in place today: publishers select an Authorized Replicator in Partner Center and submit a bill of materials created with a Microsoft representative. Sony, by contrast, presses PlayStation discs through Sony DADC, its own manufacturing subsidiary. No one I spoke with said they were in discussions with Sony about doing that, and PlayStation hasn’t responded to questions about whether it would be open to a licensing deal. There is an obvious reason Sony might not want to. Niko Partners analyst Daniel Ahmad pointed it out on the day of the announcement: it’s a platform-led decision, he wrote, designed to cut costs, eliminate the resale market, and drive all revenue through the PlayStation Store. The math is not subtle. On a $70 third-party game sold through the PlayStation Store, Sony keeps $21. Sold at retail, Ahmad says, it earns about half that. Licensing disc replication to an outside manufacturer might not be worth it. And even if it were, it seems unlikely that such a deal would come from boutique companies like iam8bit, which sells collector’s editions of video games. “We would absolutely love to find a way forward to continue making physical PlayStation games,” said Jon Gibson, co-owner and co-creative director of the company. “We are big believers in giving humans the option to truly own media. If we can play a role in helping make that a reality for the future of PlayStation games, count iam8bit in!” If it were to happen, it would most likely be with a company like Conectiv Supply Chain Solutions, a Memphis-based manufacturer of optical discs and vinyl records that also runs third-party logistics, fulfillment and distribution for packaged media. The company, which was formed in 2025 when Los Angeles private equity firm Variant Equity Advisors purchased Vantiva’s Supply Chain Solutions division, traces its lineage back to Technicolor. When it sold the division, Vantiva described the business as having served video game creators for more than 25 years. Conectiv is also buying, not shrinking. Last month it acquired SDS, the distributor for Universal and Warner Bros. home entertainment, consolidating those studios’ packaged-media pipeline from pressing plant to retail shelf. I reached out to Conectiv and its CEO, but haven’t heard back. Layden pointed to music and books in our discussion about the ongoing value of physical media. “No one ever saw the comeback of cassette tape,” he said. “And vinyl didn’t so much come back. The flame went down, the fire’s dying, but the ember was always there, and it just kind of came back. Much like the book business. We thought we’d all be on Kindles right now. “I believe that physical media is crucial and important. One of the things that makes us gamers, one of the core game mechanics, going back to the beginning of time, is collecting stuff. “Did you get all the diamonds in Crash Bandicoot? Did you get all the stars in Mario? And we like to collect our games. And we have a game shelf. And we put all our boxes up there. And if you’re super hardcore, when you buy a game, you buy two copies, right? One stays in the shrink wrap, and you play the other one. What happens to that important cultural part of the gaming world? You know, we buy the steelbook and the three-disc Final Fantasy set and the figurine and, you know, you can’t download any of that. “What happens to that?” And Layden believes it shouldn’t have been a revenue question for PlayStation. “This was a core thing to the experience of our most devoted fans,” he said. “Yeah, it’s fan service. Why would we take that away? Well, we can’t afford to. It’s already 120 bucks, you know, limited edition special purchase onyx box version of whatever, and those sell at a higher rate than the box selling at $69.99 does. So yeah, the market has said they will continue to buy them. You’re just saying you just don’t want to make them anymore.” Layden said he was recently talking with someone about these sorts of business decisions and how they’re made. Too often, he said, it’s all about the financials and nothing else. “OK, we can do this and save this much money, or we can invest this to look at that outcome, or we can do this and have this happen over there, or move this team to Sri Lanka,” he said. “But each one of those, someone also has to have a ledger there saying, ‘OK, what is the brand impact from that move?’ “Iif you can’t resell it, do you really own it?” — Shawn Layden “If we do that, dollars and cents work out. I get it. That’s just math. But what’s the brand impact? Are people going to say, ‘Good move, you guys?’ Or are they going to say, ‘We hate you guys. Quit doing that.’ And sometimes they say, ‘We hate you.’ Then you take a note and say, OK, how much of that can we live with? How much ‘we hate you’ is OK. And when does it go over the line? “I see a lot of companies making decisions which, objectively speaking, I don’t know what the dollar end of that was for you, Mr. Company, but your brand value just dropped 30 percent. So I hope it was worth it.” Of course, shifting to a digital-only model for games raises other issues beyond simply wanting to collect. The biggest is ownership. Layden pointed out that once you go to a streaming-only or download-only model, it’s just a digital footprint on a hard drive. “What does ownership mean anymore?” he said. “It’s a genuine question. Well, in fact, it’s not even a question anymore. It’s like you are shifting the model from ownership to accessibility. “And what’s always been true, which people forget, is you’ve never been able to sell your iTunes library. And you can’t sell your PlayStation download library. So if you can’t resell it, do you really own it?” The touching tribute found in the credits for Star Wars Zero Company. Resonance: A Plague Tale Legacy Interview and Hands-On with a Minoan Masterpiece Star Wars Zero Company hands-on: Attack Astromechs, permadeath, and delightfully fatal Rube Goldberg tactics Control Resonant opens up as you get stronger — and as characters start trusting you
A farm wants a data center in rural Michigan — and it has to join a city to do it
A rural Michigan community now stands to lose both control of what happens on the land — and the potential for millions of dollars in elusive new tax revenue,
Business leader shares lessons on trust after personal adversity
The CEO of a multi-million-dollar outsourcing firm changed how he led his company after experiencing a family emergency.
Petersburg Medical Center to receive federal grants to expand telehealth, maternal health, and behavioral health programs
The Petersburg Medical Center is positioned to receive more than a million dollars between three Rural Health Transformation Program grants. Administrators say they are projects that are ready to hit the ground running.
Penobscot Community Health Care to close one of its Bangor offices, cut 16 jobs amid financial shortfall
A Maine health organization that provides mental, dental and behavioral health services to about 50,000 people will close one of its practices and is cutting more than a dozen jobs amid a multimillion-dollar financial shortfall.
Carney claps back at Lutnick, says Canada will resume trade talks 'when the Americans are ready'
Canada has retaliated against President Donald Trump's 50% tariffs with "dollar for dollar" duties on U.S. goods, which are set to take effect next week.
Why we’re suing to release small business funds Congress already approved
Two small business support organization leaders filed a lawsuit against the Trump administration to compel the release of hundreds of millions of dollars in congressional appropriations for the Com…
Why are billion-dollar movies suddenly back in a big way?
What do Spider-Man, Odysseus and Buzz Lightyear all have in common?
Gold Reverses 3.8% Slide as Central Bank Politics Hit the Headlines
The PRICE of GOLD extended an overnight rally on Thursday, reversing this week's previous 3.8% slide in London's spot market as doubts grew whether the US Fed will raise Dollar interest rates once or twice before the end of the year, and the politics of central bank gold reserves hit the headlines.
South African rand muted ahead of business activity PMI
The South African rand was little changed in early trade on Thursday as a weaker dollar offered support, while locally focused investors awaited the latest private-sector purchasing managers' index (PMI) data.
Seattle-based software maker cuts 117 jobs after acquiring another company
Qualtrics, a Seattle-based survey-software maker, is cutting 117 employees after acquiring another company in a multibillion-dollar deal.
Sony and Microsoft say they’re not obligated to pass U.S. tariff refunds to consumers, echoing Nintendo
Back in July, Sony executives told investors that the company expected to receive $508 million in refunds from the U.S. government, after tariffs that the PlayStation-maker paid were ruled mostly in 2025 were found to be illegal. “Most” of the refund would by recouped by Sony’s gaming division, its chief financial officer said. This week, Sony’s lawyers are arguing that the company is not legally obligated to pass those proceeds on to consumers who paid for recently price-hiked PlayStation consoles. That’s in the face of a lawsuit from gamers calling on them to do exactly that. “Paying fair market price for voluntarily purchased consumer goods is not a legally cognizable injury in fact,” the lawyers wrote in a legal motion filed on Monday, as they asked a judge in California’s Northern District to dismiss a potential class action lawsuit over the tariff refunds. Microsoft made a similar argument two weeks ahead of Sony’s lawyers, in a similar lawsuit brought by a gamer in federal court in Washington State. As Microsoft’s legal team put it on August 21, in their request for a dismissal of that lawsuit: “There is nothing unjust about Plaintiff purchasing an Xbox at an advertised price and getting exactly what he paid for—regardless of whatever theory he devised months later about Microsoft’s cost structure.” Both legal fights are set to go on for some time. How things got to this point U.S. tariffs impacting a wide range of imported goods, including game consoles, had kicked off in early 2025. In May 2025, Microsoft raised the price of its Xbox consoles, citing “market conditions and the rising cost of development.” They raised them again that September. In August of that year, Sony raised the price of PlayStation 5 consoles, citing “a challenging economic environment.” Sony later told investors that its tariff fees for the fall quarter were nearly $200 million. in February of this year, the U.S. Supreme Court ruled the 2025 tariffs illegal, prompting impacted companies to begin to request refunds. In turn, consumers began suing the likes of Sony and Microsoft to get what they said was their share. The gamers in the Microsoft and Sony lawsuits argue that the 2025 price hikes of PlayStation and Xbox consoles, which added $50 or more to their sticker price, were due to illegal tariffs and should now be returned to consumers. The Sony suit started in May, when a group of gamers sued in federal court in California, saying Sony Interactive Entertainment (PlayStation) would be unjustly enriching itself if it did not pass tariff refunds to its PS5 buyers. “Sony is poised to be paid twice for the same unlawful tariff burden: once by its customers (through elevated prices) and once by the U.S. government (through tariff refunds),” the gamers’ lawyers wrote at the time. They called for Sony to partially reimburse anyone who bought a PlayStation in the U.S. since August 1, 2025. The Microsoft suit, filed by gamer Trevor Hastings against the Xbox giant in July, made similar claims. The console makers push back In late July, Nintendo’s lawyers, facing a similar suit accusing them of double-dipping on tariffs and refunds, replied with arguments that previewed Microsoft’s and Sony’s: “Nintendo or one of its retailers set a price for each product, and consumers decided whether that price was worth paying,” they wrote. Sony has buttressed that Nintendo-style argument this week by saying that the gamers have failed to prove that tariffs were the reason for its August 2025 PS5 price hike. They call thatclaim “speculative and illogical.” Other factors, including “inflation, currency fluctuations, component costs, logistics, competitive dynamics, or demand,” could have played a role. (No, the Sony lawyers do not break down the costs and factors that officially triggered the price increases). Microsoft has also argued that there’s no proof in these lawsuits that tariffs drove all or some of the price increase, as it seeks to dismiss the tariff refund suit it’s facing: “Plaintiff provides no specific allegations that would establish any pricing differential attributable to tariffs or suggest any possibility that Microsoft applied then or could recreate now any dollar-for-dollar calculation of tariff-related pricing—any more than it could any other market factor that affects pricing.” To further skewer the gamer side’s argument in its case, Sony’s lawyers have pointed to what might be a surprising defense: yet another PlayStation 5 price hike from this past spring, after the tariffs were ruled illegal. “If the original price increase were attributable to tariffs, SIE [Sony Interactive Entertainment, aka PlayStation] would have had no reason to raise prices again after the Supreme Court invalidated the IEEPA tariffs.” … “If tariffs were the cause of the price increases, one would expect SIE to lower prices once the tariffs were eliminated—not raise them again. Instead, the timeline confirms that the pricing of PlayStation consoles includes a diverse and dynamic set of input costs.” Judges have not yet ruled on the arguments made by Sony, Microsoft or Nintendo. Last week, Panic, the company behind the small, yellow Playdate handheld said it would be passing its tariff refunds on to consumers. It is the only gaming hardware maker to have made such a pledge. Game File is a reader-supported publication. To receive new posts and support my reporting, please consider becoming a free or paid subscriber. Subscribe Item 2: A reporter’s second Second Life Wagner James Au, who from 2003-2006 was paid by San Francisco-based tech company Linden Lab to be a full-time journalist embedded in their virtual world Second Life, is returning to the company. This time, he’ll be an editorial advisor and business development specialist, he tells Game File. The new role will involve trying to share the stories of people inhabiting Second Life’s ongoing online world with reporters and by extension the public. Au plans to continue to also chronicle some of that through his long-running blog New World Notes. I’ve known Au since the mid-2000s and featured him in a 2007 article for the Columbia Journalism Review about reporters like him opening up virtual news outlets within Second Life. As I wrote at the time: On April 22, 2003, writing as Hamlet Linden for the New World Notes blog on Second Life’s Web site, Au introduced himself. “For the next few months, Linden Lab has invited me to set aside my journalist cap, and instead, don the digital beanie of their in-house virtual correspondent.” He wasn’t paid to keep it positive. He wrote about builders and eccentrics, but then in August of that year, he reported on a tax revolt against Linden Lab (a complaint about the fees it charges users who build stuff) led by a resident whose avatar was a big cat. Second Life has always been less of a video game and more of a virtual world where people can live, hang out, make art, sell virtual items and flirt. Back in 2007, Au described touring it as “sort of like underwater lucid dreaming.” For the past two decades, Au has maintained New World Notes as an independent publication. But he said he’s been drawn back to Second Life and Linden Lab as a place to directly work. The virtual world has around 650,000 monthly active users, he said, “which is actually about what it was during the hype wave.” Au says he’s still finding rich stories in Second Life, the kind that keep him interested 20 years into the beat: “Over the last few months for instance, I wrote about an SL creator in Venezuela whose apartment was destroyed by the earthquakes, so the global SL community rallied to get him back on his feet,” he told me. “Then there’s the woman from a Middle Eastern country who explored her lesbian sexuality in SL, then earned enough from her virtual jewelry to escape her abusive family situation and country.” Au wants to beckon more reporters to give Second Life another look. He argues that it is often ahead of internet trends, noting, for example, an early backlash in the community against AI-made art. Now the platform is drawing curiosity from more of the user-generated content community who’ve grown up with the likes of Roblox, according to Au. “Second Life was too early during its hype wave in 2005-2010, but it now feels right for a new wave of interest,” he told me.
Microsoft to start disclosing Azure quarterly revenue as company consolidates business units
Microsoft will begin reporting quarterly Azure revenue in dollars for the first time, providing more clarity about its business that competes with AWS.
Discover exceptional live theater close to home
In a time when families can spend hundreds of dollars on a single concert or sporting event, one of the Sacramento region's best entertainment values may be right in its
‘If you can’t beat ’em, eat ’em’: Italy is turning its hated invasive crab into a multimillion-dollar business
After the crabs devastated Italy’s prized clam industry, fishermen found a new strategy: exporting every crab they catch.
In center of Wisconsin's measles outbreak, tiny health team toils on
Wisconsin ranks second-to-last in the nation for state dollars allocated to public health funding. In places like Iowa County, it shows.
Nicki Minaj joins Trump administration’s small business pitch competition as judge
The rapper will serve on the panel for the SBA’s “Million Dollar Pitch Competition” alongside business executives and other celebrities.
9 Cassette Tapes From The '80s Worth a Small Fortune
Check your old box of cassette tapes. Some tapes cost a few dollars in the 1980s, but are now worth a lot of cash. Here are some of the most valuable ones.
Lamont and CT business leaders warn Trump’s tariffs will drive up prices
Gov. Ned Lamont strove Monday to ensure that the White House gets all due credit for the dollar-for-dollar retaliatory tariffs coming next month from Connecticut’s largest trade partner, Canada.
Radiology appointment booking platform Scan.com raises $220M
Founded in 2017, the service seeks to connect patients, providers and imaging centers—matching parties based on scanner availability, quality and price.
Business owner loses millions worth in equipment due to Ross Fire
Co-owner of Blacksmith Ventures said that one day the Ross Fire was headed completely away from his shop and his millions of dollars' worth of equipment, then the next day the fire shifted and was hea...
Pro-AI group jumps into the data center fight with new ads aimed at reshaping public opinion
The nonprofit group Build American AI is launching a multimillion-dollar ad campaign in Kansas, Ohio and Wisconsin to promote its data center agenda.
Colorado Sues EarnIn For “Immoral, Unethical, Oppressive and Unscrupulous” Business Practices
Hey all, Jason here. When this hits your inbox, I should be en route to the airport — not to go anywhere myself, just to pick up my better half. I must admit, it’s been strange to be home alone (well, with two dogs) for two weeks! Really lets me “optimize” to spending more time on reading/writing/working, whether that’s healthy or not! Looking forward to getting back into a (somewhat) more balance routine. Subscribe or Support by Upgrading Compare Notes With the People Who Built Modern Fintech Partner content: Remitly CEO Sebastian Gunningham. Increase founder Darragh Buckley. Linda Du, Co-founder & President at Valon. They’ll unpack the decisions behind building and scaling major financial products: what they got right, what broke, what they would do differently, and how AI and new infrastructure are changing the operator playbook. Most events tell you where fintech is going. NerdCon puts the people who built the present in the room and asks them what comes next. Expect an operator-led conversation grounded in real products, real trade-offs and lessons earned the hard way. Fintech Business Weekly readers save 20% on Regular tickets with code FBW20 before standard pricing ends September 11. Meet the Builders Things To Know & Other Good Reads Advent and Stripe Abandon $50 Billion Pursuit of PayPal (Bloomberg) Trump Family’s New Crypto Bank Is Backed by Abu Dhabi Sheikh (Wall Street Journal) The multiplying risks of financing data centres (FT) Let the Bond Market Speak (Wall Street Journal) Did we waste a crisis? Modest proposals to reform deposit insurance. (Fintech Takes Banking) Untangling Guggenheim: How Private Credit Built Its Own Universe (Net Interest) The Hater’s Guide To Circular Financing — Part One (Ed Zitron) Fiat Ventures Rebrands to FGV Capital, Announces $35M Oversubscribed Fund II (BusinessWire) Socure Announces Strategic Growth Investment at $5.2B Valuation and Acquires Agentic Operations Platform Fravity (Socure) Listen: When Consumer Protection Disclosures Work Too Well (Consumer Finance Monitor Podcast) Colorado Sues EarnIn For “Immoral, Unethical, Oppressive and Unscrupulous” Business Practices When Andreessen Horowitz led EarnIn’s $39 million Series B in 2017, Alex Rampell, a partner at the storied venture capital firm, described EarnIn’s small-dollar advance product as “free,” relying on “entirely on voluntary contributions instead of fees.” Rampell favorably compared EarnIn’s approach to typical payday loans, writing, “Payday loans historically have had the potential to be a slippery slope for consumers into financial distress: opaque systems and steep fees that are hard to repay and set individuals back further than where they started. For many Americans living paycheck to paycheck, that kind of slide into debt can be extremely difficult to recover from.” But EarnIn’s product — which, the company says, isn’t a “loan,” legally speaking — ends up being anything but free for most users. While it is technically possible to take a no-fee advance from the company, most users incur “Lightning Speed” (instant funding) fees and/or ostensibly optional tips that combined can equate to annualized percent rates that can reach over 1,000%. With an average term of 9.77 days, even fees and tips that are small on an absolute dollar basis are equivalent to high APRs on an annualized basis. A lawsuit filed last week by Colorado Attorney General Phil Weiser against EarnIn describes the company and its product and business practices quite differently than Andreessen’s Rampell; “EarnIn’s business practices are unfair because they are immoral, unethical, oppressive and unscrupulous,” the complaint, filed in District Court in Denver, Colorado, says. EarnIn’s marquee product, Cash Out, isn’t a loan, the company says, as Cash Out is not “[f]orward [l]ooking” because “[t]he money is transferred based on earnings to date,” does not carry a mandatory fee to access funds, and is “non-recourse,” meaning EarnIn cannot pursue recovery from users who don’t repay advanced funds. EarnIn is sometimes referred to as an “Earned Wage Advance” service. Though, unlike some others in the broader category, EarnIn does not integrate with employers’ payroll or time and attendance systems. Rather, EarnIn attempts to verify a user’s income and employment, by examining direct deposit transaction data in their linked external bank account, by using GPS location and Bluetooth data to estimate a user’s time spent at work, if they work in a fixed location, and/or by having a user provided a work email address. While repayment is theoretically optional, as EarnIn would have no recourse, such as reporting non-payment to the credit bureaus or a collections agency, this is anything but clear to users of the EarnIn app, Colorado’s complaint argues. During the process of taking a Cash Out, users must agree to a preauthorized debit of the amount advanced, plus any expedited funding fee and/or tips. Though users technically can revoke this ACH authorization, the fact that they have this right isn’t presented to users during the Cash Out process, but rather is included in linked terms and conditions few users are likely to actually read. And users who do wish to revoke their ACH authorization must do so three or more days before the scheduled transaction date by emailing EarnIn’s customer support. Similarly, EarnIn’s marketing claims that it carries “no interest” and “no mandatory fees” is technically true, but is not the reality for many of the app’s users, the Colorado complaint argues. Further, EarnIn has extensively marketed to users the ability to “access your pay today,” to get “instant” funds, and to get funds “the same day you work” — when, in reality, this speed of access was only possible by paying the additional, undisclosed Lightning Speed fee. The Colorado complaint highlights this contradiction specifically, noting: EarnIn tells consumers that they can ‘Make any day payday with EarnIn’ and that there no ‘hidden’ or ‘mandatory fees.’ For a consumer to access their pay on the same day requested, they would have to pay the Lightning Speed fee. In the fine print of the advertisement EarnIn discloses that ‘[f]ees apply to use Lightning Speed,’ a direct contradiction to the larger text of the advertisement, and a fact that would not be immediately understood by a consumer as ‘Lightning Speed’ is not defined nor explained. Like other small-dollar lending services, rather than explicitly charge interest, EarnIn collects a markup on the optional Lighting Speed fee, which, given the nature of the transactions, many users opt for, as well as offering users the option to leave “tips.” EarnIn leverages either Real-Time Payments (RTP) rails or push-to-card via debit rails if a user opts for the optional Lightning Speed. But while these capabilities cost EarnIn, on average, $0.075 or $0.20 per transaction, respectively, EarnIn charges users significantly more. Initially, EarnIn charged as little as $1.99 for Cash Outs up to $24. But EarnIn has hiked these fees multiple times, and now charges $4.99 for Cash Outs up to $75 and $6.99 for those over $75. According to the Colorado complaint, EarnIn leverages “dark patterns” to manipulate users and to make it more difficult to avoid tipping. Examples of these “road blocks” highlighted in the complaint include: As of 2023, in the EarnIn app, a consumer attempting to get a loan under the default settings had to make at least eighteen separate taps to complete the transaction and reduce the tip to $0. There is an alternative method to leave a $0 tip, via the “Custom tip” feature, but EarnIn made this option difficult to access by visually deemphasizing it and positioning it near devices’ “home” button. Using language and imagery such as “Tip to pay it forward,” “Your generosity supports the service + helps,” “Your tips make a difference,” and “[t]he APR for this cash out is 0%. Your tips help support us.” While Lightning Speed and tipping are, in theory, both optional, in practice, users nearly always ended up paying something. According to the Colorado suit, users were charged either a tip or an expedite fee for more than 92% of transactions, with an average APR of nearly 388%. And, although the advances are “non-recourse,” EarnIn successfully collects on nearly all transactions — 99.18%, according to the complaint, which, Colorado argues, “demonstrat[es] that EarnIn’s advances function as high cost loans, not voluntary payments.” The share of EarnIn users incurring fees — despite the product being marketed as 0% APR — is hard to reconcile with Andreessen investor Rampell’s favorable description of EarnIn vs. “opaque systems and steep fees” associated with payday loans, which, Rampell says, can be “extremely difficult” for borrowers to extricate themselves from. According to Colorado’s suit, EarnIn’s Cash Out product “trapped many consumers in extreme cycles of high-cost reborrowing.” The suit gives an example of one consumer in the state, who took out a whopping 1,151 loans, paying a total of $4,038.50 in Lightning Speed expedited funding fees on loans that averaged the equivalent of 1,421% APR. Another Colorado user, the suit says, took out 1,033 loans, paying $8,561.22 in tips and fees at an average APR of 1,539% . These types of usage patterns demonstrate “the severe and repeated financial harm caused by EarnIn’s illegal lending model,” the Colorado complaint argues. In aggregate, from January 2023 through July 2025, EarnIn extended 3.1 million loans to 56,778 users in Colorado — an average of nearly 55 transactions per person during the time period. EarnIn lent more than $300 million and collected more than $16 million from Colorado users in Lightning Speed fees and in tips. Ultimately, the Colorado complaint argues that “EarnIn’s Cash Outs are loans under Colorado law, and EarnIn’s contention that its product is not a loan based on its disclaimer of any legal repayment obligation lacks any real-world significance given how the Cash Out transactions actually operate in practice.” Colorado further argues that “EarnIn was not working with companies here in providing consumers with funds but acted as a third-party lender and charged illegally high rates, used deceptive design strategies to extract some charges, and trapped consumers in repeat borrowing. Colorado will continue to stand up for consumers and hold companies accountable when they violate our credit laws or attempt to evade them through misleading practices.” Colorado’s suit alleges EarnIn assesses finance charge in excess of that permitted by Colorado law, that EarnIn failed to make legally required disclosures to Colorado borrowers, that EarnIn made supervised loans to consumers without obtaining the requisite license, that EarnIn violated the state’s Deferred Deposit Loan Act, that EarnIn engage in unfair and deceptive trade practices, and that EarnIn made false or misleading statements concerning price. The suit seeks a court order enjoining EarnIn from violating relevant Colorado laws, for EarnIn to refund amounts charged in excess of state law, fees, costs, and penalties, and other relief the court deems to be just. Fintech Business Weekly is made possible by the generous support of paying subscribers — bringing you independent analysis of banking, fintech, and crypto without fear or favor. You can support my work by becoming a paying subscriber if you aren’t already. Paying subscribers enjoy: access to the entire archive of nearly six years of newsletters extended versions of the weekly newsletter, with additional content and analysis and (for founding member tier) quarterly personal 1:1 fintech Q&A / strategy calls with me, tapping into my unparalleled knowledge of the intersection of banking and fintech and experience working in the sector, including helping to launch Goldman Sachs’ retail bank Marcus Support Fintech Business Weekly You can also support Fintech Business Weekly by sponsoring a newsletter or podcast, putting you in front of 93,000+ of the most influential decision makers in banking, fintech, and crypto. Learn more about sponsor opportunities or request a media kit by dropping me an email. Q2 Quarterly Banking Profile: Five Quick Takeaways The FDIC released its quarterly banking profile, which is always worth a read, for the second quarter. The profile provides an aggregate snapshot about the overall health of the 4,238 institutions whose deposits are insured by the FDIC, who, collectively, hold more than $26 trillion in assets and saw a total net income of more than $90 billion in the second quarter. Net income was up 12% vs. Q1 2026, with lower provisions and realized gains on securities helping to drive the improvement, somewhat offset by increases in non-interest expense and applicable income taxes. Overall net interest margin was basically flat quarter over quarter (up 1 basis point vs. Q1 2026), though community banks saw NIM grow by 10 basis points, to 3.81%. Unsurprisingly, given that interest rates haven’t changed, unrealized losses on securities changed little, edging up slightly to $326.7 billion vs. $325.1 billion in Q1 2026. Aggregate credit quality has remained benign, with asset quality actually improving slightly in Q2. Overall, institutions reported a 9 basis point decline in their past-due and non-accrual rate, to 1.44%. Net charge off rate also declined by 2 basis points, to 0.57%. And finally, the FDIC’s deposit insurance fund stands at $161.1 billion, making the DIF reserve ratio 1.48% — above the statutory minimum of 1.35%, but still below the designated target reserve ratio of 2%. [Paid Subscriber Exclusive] Nissan Withdraws ILC App, State Associations Plan BankChain Alliance, FDIC Defines “Unsafe or Unsound Practice” For First Time Automaker Nissan withdrew its application to charter a Utah industrial loan company and its corresponding application to the FDIC for deposit insurance last week, on August 19th. Nissan’s application had been outstanding for more than a year, as it originally applied in June 2025. Recent applications to the OCC to form national banks have been decisioned, one way or the other, substantially more quickly than has historically been the case.
The wildest video game budgets can't hold a candle to GTA 6
GTA 6 is thought to be the most expensive entertainment product ever made, eclipsing Hollywood movies and other video games by hundreds of millions of dollars.
Rising energy, fuel costs cut into bottom line for Pa. businesses
At Shirley’s Cookie Company, Facilities Maintenance Manager Richard Weyant detailed the efforts he’d overseen to keep utility costs down at their Blair County facility. They included thousands of dollars invested to upgrade to LED lighting alongside new and more efficient HVAC systems. While electricity use went down by 5.7% over four years, he told Republican […]
‘So much fringe science’: RFK Jr’s advisers are pushing an extreme makeover in autism research
Experts warn the 336-page plan from RFK Jr’s advisers deflects federal dollars into unreliable alternative therapies
Businesses are getting tariff refunds. Why aren't consumers getting their cut?
A slew of American companies are getting billions of dollars back in tariff refunds after a Supreme Court ruling. Many consumers, though, may never get anything back.
'Right to repair' bill could free contractors' grip on military
The Pentagon spends billions of dollars fixing equipment, and Republicans and Democrats alike want to bring the work in house
Are people all wrong about what makes a movie successful?
Cinephiles debate whether tracking audiences or counting dollars reveals a film's true impact.
From New Locations to Million-Dollar Grants, Polsky Small Business Growth Program Alumni Continue to Grow - Polsky Center for Entrepreneurship and Innovation
Alumni of the Polsky Small Business Growth Program are marking a series of major milestones, from opening additional locations to securing grants and contracts worth more than $1M.
How The Founder Of MaryRuth’s Vitamin Supplements Built A Billion-Dollar Business
The inside story of the crazy, creative financing behind one of America’s best-selling wellness brands.
Sales tax revenue falls flat in August reports
Sales tax revenue reported in August for Bentonville, Fayetteville, Rogers and Springdale totaled $10.001 million, down 0.12% from the same month last year. For the first eight reporting months of...
Sales tax revenue falls flat in August reports
Sales tax revenue reported in August for Bentonville, Fayetteville, Rogers and Springdale totaled $10.001 million, down 0.12% from the same month last year. For the first eight reporting months of...
Grand jury finds taxpayer dollars "misappropriated" to Hope Florida, complains "nobody will take responsibility"
A Florida grand jury found the DeSantis administration misappropriated $10 million in taxpayer money for political purposes.
Trump Administration Wants Billion-Dollar Businesses to Qualify as ‘Small’
Higher revenue and employee limits for small businesses that get federal contracts and loans could disadvantage the smallest companies, their owners say.
Monroe business owner arrested after police raid illegal gambling ring
Investigators said they seized thousands of dollars and several illegal gambling devices during the raid.
Luxury home builder turns social media following into multimillion-dollar business
Construction influencer Tyler Farrell joins 'Fox & Friends First' to share how he built a successful second career and social media following by showcasing his custom home building projects and craft.
Menopausal Hormone Therapy Could Cut Costs While Adding Healthy Years
An analysis finds that menopausal hormone therapy could save thousands of dollars per patient while improving quality of life and reducing cardiovascular disease and deaths.
GREY WOLF HEALTH REPORTS SECOND QUARTER 2026 FINANCIAL RESULTS
Grey Wolf Health Corp. (TSXV: WOLF) ("Grey Wolf" or the "Company"), a Canadian diversified health company, today announced financial results for the three- and six- months ended June 30, 2026. All results are reported in Canadian dollars.
Johnson finds $85 million budget fix — and unloads on City Council
The mayor plans to refinance debt and tap remaining federal relief dollars to close the city’s projected 2026 shortfall, while blaming the City Council for creating the mess.
Canada announces retaliatory tariffs on $20 billion worth of US goods, unveils support measures
Canada on Tuesday announced retaliatory tariffs on C$27.6 billion ($19.94 billion) worth of United States goods, matching dollar-for-dollar new duties imposed by Washington, and unveiled financial support for Canadian businesses and workers caught in the escalating trade war.
The Dalles police seek suspect after $500 in “self-entertainment devices” goes missing
The Dalles Police Department says a man with a distinct tattoo stole over 500 dollars of "self entertainment devices" from a local business in a social media p
iPhone 18 Pro’s new price might be better than expected
The iPhone 18 Pro is launching soon, and its new price might not be as expensive as some analysts have suggested.
Near-complete 860+ NES game collection stolen, after nearly 40 years of collecting
A massive prized collection of Nintendo Entertainment System cartridges, worth tens of thousands of dollars, has been stolen from a man in Washington, US.
Canadian dollar dips after US-Canada talks collapse into trade war; oil prices fall ahead of US sanctions on Iran
Washington imposes 50% tariffs on Canadian goods including fishing rods and hockey sticks, while Canada retaliates with levies on US steel and electronics
2026 Dollar Tree 301 - Final Leaderboard - August 23, 2026
View 2026 Dollar Tree 301 race, qualifier and practice leaderboards, live streams, bonus cameras, videos and odds information.
Atlanta business owner loses $4,000 in supplies after shed fire
A campfire burned down a shed on Connell Avenue in southwest Atlanta on Sunday, destroying thousands of dollars in business supplies.
Pyrex’s $25 Water Bottle Is Gaining Popularity Due to a Cool Feature That Stanleys and Owalas Don’t Have
Pyrex’s water bottle has one very cool feature that Stanleys and Owalas don’t have—it changes color. Plus, it’s made of shatterproof glass and features a locking flip-top that can be accessed with one hand.
US-Canada trade negotiations suspended, Carney vows dollar-for-dollar retaliation against Trump's 50% tariffs
Canadian Prime Minister Mark Carney suspended trade negotiations with the U.S. and announced retaliatory tariffs after calling Trump's last-minute proposed terms unfair.
Nearly $20 million in federal dollars help expand rural healthcare access in Marion, Polk
Marion and Polk counties are getting a slice of a $50 billion federal funding package to advance rural healthcare access.
Montrose business targeted twice in less than a week in copper wire theft attempts
A Houston dessert shop owner says her business was targeted twice in less than a week by people trying to steal copper wiring. Doorbell camera video shows both of the incidents — leaving her with electrical damage, a power outage and thousands of dollars in lost inventory.
Taylor Sheridan planned on retiring after ‘Yellowstone’ but he needed money for this purchase
Taylor Sheridan opted not to retire after ‘Yellowstone’ because he had to pay for his multimillion-dollar Four Sixes Ranch in Texas.
Democrats remain far behind GOP in cash on hand as midterms near
New filings find the Democratic National Committee trailing its Republican counterpart by more than $100 million, with millions of dollars in debts.
Gavin Newsom’s unfinished wildfire business
His final legislative push is angering insurance companies, wildfire victims and local officials — and billions of dollars are at stake.
Sean Duffy's 'Great American Road Trip' is grift posing as a reality show
The Transportation Secretary's YouTube series follows his family as they road trip across the U.S., and while a disclaimer says no tax dollars were used, it was sponsored by companies his department regulates.
Pennsylvania Entertainment Markets Benefit From New York Legislative Delays
States located next to each other sometimes monitor one another's legislative calendar with great interest, particularly when multi-billion-dollar entertainment
Sony CEO calls memory shortage timing "lucky" following PS5 console price increases
Despite criticism over PS5 price hikes, Sony CEO Hiroki Totoki is confident in PlayStation’s future. The memory shortage intensified when the company had already secured a large user base. The executive told The Wall Street Journal that he is content to profit from existing console owners.
Gold steadies, heads for third straight weekly gain
Gold held steady on Friday but was on track for a third straight weekly gain, buoyed by a weaker dollar and U.S. Treasury Department efforts to hold down longer-term yields.
A Homemade Golf Game Didn't Exist. A Former Stanford Coach Built a $5.9 Million Business Around It
Tyler Simmons turned a Fourth of July discovery into a multimillion-dollar company. He credits his years spent coaching college athletes as the key to his entrepreneurial success.
He Was Driving a $40k Car But Didn’t Have $5 for McDonald’s. Now He Runs a Multi-Million-Dollar Business.
At age 14, he didn't know what taxes were. Now he's championing financial literacy.
States pour taxpayer dollars into college sports as athlete pay, soaring costs squeeze budgets
A growing number of states are providing tax dollars to university athletics.
States pour taxpayer dollars into college sports as athlete pay, soaring costs squeeze budgets
A growing number of states are providing tax dollars to university athletics.
Ceramic Apple Watch Rumored to Return With Series 12
Apple plans to resurrect its ceramic Apple Watch casing with this year's Series 12 model, according to the leaker and prototype collector known as "Kosutami". In a new post on X, Kosutami said that the casing will return with the Series 12. Apple first introduced a ceramic Apple Watch Edition with the Series 2 in September 2016, replacing the original gold Edition model and bringing the line's price down from thousands of dollars to a comparatively modest $1,249.
States pour taxpayer dollars into college sports as costs squeeze budgets
A growing number of states are providing tax dollars to university athletics. North Carolina and Louisiana are earmarking sports betting taxes for their universities.
KC contracting program for women and minority business owners ends
The city council repealed the program that steered contract dollars to minority- and women-owned businesses after the state sued.
States pour taxpayer dollars into college sports as athlete pay, soaring costs squeeze budgets
A growing number of states are providing tax dollars to university athletics. The move comes as major college sports programs now are paying millions of dollars to athletes. The financial battle for the best athletes has strained many athletic departments, which are now running deficits. North Ca...
States use tax dollars to shore up rising college sports budgets
A growing number of states are providing tax dollars to university athletics. The move comes as major college sports programs now are paying millions of dollars to athletes.
States pour taxpayer dollars into college sports as athlete pay, soaring costs squeeze budgets
A growing number of states are providing tax dollars to university athletics.
Grocers tour site of future city-run store in East Harlem
Under the program, private operators of city-owned stores will get free rent and tax dollars in order to sell staples at a 30% discount.
Madeira businesses face major losses after storm causes days-long power outages
Storm-related power outages forced Madeira businesses to throw out food and close for days, costing some owners thousands of dollars.
Better Business Bureau warns of fake grocery, gas vouchers that could cost customers
Got a postcard promising hundreds of dollars in free gas and grocery vouchers? The Better Business Bureau says stop before you pay a fee to "cash in."
Action 9 helps consumer get tax refund after double health insurance enrollment
A woman discovered she owed thousands of dollars for two health insurance policies after switching to private coverage.
How much of a cancer drug is too much? Patients, researchers challenge FDA-approved dosages
Patients and researchers point to evidence that many cancer drug dosages are excessive, and that reducing the amount and frequency could save billions of dollars and prevent some of the worst side effects.
Cornerstone Business Credit Funds Multi-Million-Dollar Asset Acquisition
Cornerstone Business Credit recently funded a multi-million-dollar asset acquisition for a company in the eyeglass industry.
NJ towns, school districts in debt to 'death spiral' health plans
As rates about to rise, about 50 local entities owe millions of dollars, led by Paterson, Newark and a Hudson County school district
The hidden health cost of dollar store groceries
New UC Riverside research shows a link between dollar store food quality and higher rates of obesity, high blood pressure, cholesterol, and type 2 diabetes.
Spend more on vet services to curb pandemic threat, says animal health body
Head of global organisation says billions of dollars needed to curb risks of mass culls
Ukraine takes aim at Russia’s economy and morale by attacking online retailer
Day after day over recent weeks, Ukrainian drones have pummeled giant depots belonging to Wildberries, the country’s biggest online retailer, burning estimated billions of dollars’ worth of merchandise and bringing the war home to the broad public.
Judge Sakai concerned about upcoming vote on sports and entertainment district
Bexar County Judge Peter Sakai is pushing back against a proposal that would give San Antonio voters another chance to weigh in on millions of dollars in fundin
Judge Sakai concerned about upcoming vote on sports and entertainment district
Bexar County Judge Peter Sakai is pushing back against a proposal that would give San Antonio voters another chance to weigh in on millions of dollars in fundin
Sunday Briefing: Special interests in politics; Flock cameras
COLUMBUS, Ohio (WCMH) – On this week’s Sunday Briefing: With millions of dollars being spent on Ohio’s U.S. Senate race, it will be one of the most watched this November. “There are billionaires wh…
Denver business owner frustrated at police response time after break-in
One Denver business owner is voicing frustration after officers took more than an hour to respond while thieves made off with thousands of dollars in merchandise during a recent burglary.
Colorado business dealing with repeated flooding, suspects nearby construction could be factor
A downtown Evergreen business is preparing for another round of rain after repeated flooding forced it to close and caused tens of thousands of dollars in losses.
Republicans worry their chances of keeping Congress are slipping away. Inside the Trump campaign plan to change that
President Donald Trump has finally given the green light to pour millions of dollars from his personal PAC toward boosting vulnerable Republicans in November, two people familiar with the plans told CNN.
Kingdom Hearts Is a Billion-Dollar Franchise, Disney Declares Ahead of Hotly Anticipated D23 Panel
Kingdom Hearts is one of nine billion-dollar franchises Disney has under its video game banner.
Trump orders Navy to use older system of launching jets off aircraft carriers
The new mandate would likely cost billions of dollars and revert the Navy's most advanced ships to a system that takes more sailors to operate and is more difficult to maintain
Kingdom Hearts Is A "Billion-Dollar" Franchise, According To Disney
Square Enix is currently working on the fourth game
Magic Johnson on what it takes to build a billion-dollar business portfolio
"I've always gravitated to people who are smart or have been through something because I want to learn," Magic Johnson said.
White House says more than 40 nations help China dodge tariffs
A new White House report says that China sends billions of dollars worth of goods to the U.S. via third countries in order to skirt Trump's high tariffs.
Republicans see Minnesota fraud scandal as a chance to go on offense in a blue state
The newly minted GOP ticket wasted no time before hammering Democrats over fraud. Dozens of people have been convicted of stealing hundreds of millions of dollars meant to provide food, shelter, healthcare and childcare to people in need.
President Of Law&Crime And Court TV Talks The Business Of True Crime
Rachel Stockman, the president of Law&Crime and Court TV, joined "Forbes True Crime" to discuss the multi-billion-dollar true crime industry.
AI needs science’s search history
“Actually, that’s where the gold is,” said Alasdair Russell, my graduate school friend who leads a pre-clinical genome editing group at Cambridge. He was talking about the winding road of science that is omitted from published papers. “When you’re discussing how to do the experiment, and why this way is better than another way, and what does the data really mean? I know what it shows, but what does it mean?” At RAAIS 2026, he described how his group has begun logging the twisting path of discovery as it happens, recording the verbal and written exchanges that normally disappear. Ideas become nodes in a living graph: they branch when a meeting produces two plausible experiments, merge when separate lines of evidence converge, and go dark when someone quietly stops pursuing them. In his implementation, one agent scores novelty, while another tries to learn “how scientists think and how they navigate through a complex world of data,” so that high-potential nodes can trigger deeper investigation. As frontier AI labs deploy agents toward scientific discovery, giving AI authentic scientific taste remains a trillion-dollar dilemma. The bottleneck is that the record we have kept for centuries of science might be insufficient to get us there. The experiments that never make the paper Peter Medawar, 1960 Nobel laureate and “father of transplantation,” asked in 1963 whether the scientific paper was a fraud, and answered yes: the form of the paper misrepresents the thinking that produced it. Sixty years on, the diagnosis is unchanged. A paper presents a clean progression from hypothesis to result to conclusion. Lost along the way are the unconventional theories, the abandoned or unaffordable methods, and the underwhelming and inconclusive data. It reads like a browser history with every dead end deleted: the ten open tabs, the four rephrased queries, the wrong turn down a subforum. All scrubbed, leaving one clean path from question to answer as the canonical path. What has changed since then is that the discarded material is now worth something. No high-impact journal wants these artifacts, but raw trial and error is the most likely source of the training data required to develop scientific intuition, or what researchers call taste. Earlier attempts to capture the discards were motivated by scientific integrity. The Journal of Negative Results in Biomedicine launched in 2002 to publish rigorous studies that disputed established models or exposed ineffective treatments. Its archive preserved negative conclusions after they had become papers, rather than the live alternatives and arguments that produced them. BioMed Central closed it in 2017, saying the mission had been served now that other journals publish null results. A less generous reading is that in fifteen years it published around 200 papers because almost nobody wants to read a negative result, let alone write one up when it will not count toward academic tenure. AI models are different. Even an uninteresting negative result can be useful, provided it is labeled. Earlier this year, Anthropic put a version of this to the test. The company pulled 129 decision points from real Claude Code sessions between January and March 2026, showed models the work up to a human detour, and asked what should happen next. Claude Mythos Preview beat the human choice 64% of the time, while Opus 4.5 managed 51%. The comparison was tilted toward the models because Anthropic deliberately chose moments where the human decision had room for improvement. On 127 further scenarios where the human action was already strong, the models improved on it only about 20% of the time. The study was possible because Anthropic’s researchers work inside a tool that logs by default. The reasoning, detours and outcome are produced in the same working environment. Biology has no equivalent. Its reasoning happens in hallways, at benches, in Slack threads and on whiteboards, while the outcome arrives weeks later somewhere else. The record has to emerge from the work itself. Ask scientists to reconstruct it afterwards and we’ll create another polished account. Subscribe A log is not a label Before any of this becomes training data, a negative result has to say what failed. The first paper published in the Journal of Negative Results in Biomedicine examined 234 negative studies across five leading medical journals. Only 30% discussed statistical power, and half clearly defined a primary outcome. Tell a model an experiment failed, without telling it whether the assay was underpowered, a reagent had degraded, or the hypothesis was simply wrong, and it will learn noise with confidence. Decision histories have a second missing label too. When a lab considers five experiments and runs one, only the chosen branch returns an outcome. The other four are experimental counterfactuals. Researchers call this the selective labels problem: the data reveal results only for the actions someone chose to take. Such a record can teach a model to imitate a lab’s taste, but it cannot establish that the taste was good. It also smuggles local constraints into general lessons. A lab that never ran cryo-EM because it did not own a microscope teaches a model that cryo-EM is rarely the right call. Alasdair’s nodes preserve the candidate set, which is the necessary first step. To be useful, each decision record needs six fields: The evidence available at that moment, and nothing that arrived later. The candidates considered, including the ones dismissed in a sentence. For each candidate: the expected result, the confidence attached to it, and the cost in time and money. The route chosen, and the reason. What happened next. How the evidence changed the scientist’s view. These must be timestamped before the outcome, because hindsight turns uncertainty into inevitability. Disagreement also has to survive. Averaging three scientists into one clean rationale reproduces exactly the information loss we are trying to fix. But there is an obvious failure mode here. Once decisions are logged and scored, people log for the record post-facto. Anyone who has watched an electronic lab notebook fill up with retrospective tidying knows how quickly a research tool becomes a compliance exercise. A record that costs a scientist ten minutes of honest reflection per decision is worth far more than one that costs an hour of performance. A publication initiative called Registered Reports offers a useful starting point. Here, researchers submit their rationale, methods and analysis plan for peer review before the data exist, and the journal commits in principle to publish if they follow the approved plan. Nature has now expanded the format across every field it covers. This approach to paper writing timestamps intent before the outcome, but it freezes one plan. A useful search history must also preserve how the plan changed, which alternatives were rejected, when, and on what evidence. Subscribe Run the runner-up Autonomous labs show what happens when decisions and outcomes are connected in a loop. Liverpool’s mobile robotic chemist ran 688 experiments over eight days in a ten-variable formulation space. A batched Bayesian search used each result to choose the next experiments and found photocatalyst mixtures six times more active than the starting formulations. Every completed experiment changed what the system did next. The robot optimized within a goal and search space that humans had already chosen. It did not decide which scientific question mattered. So what this work demonstrates is narrower, but still useful: a search history pays off when the options return standardized outcomes quickly. Open-ended biology is harder because branches can take weeks and the discarded alternatives may never be run. Some exploration therefore has to be bought. Where two branches are plausible and the stakes justify the cost, a lab should sometimes run the runner-up. Otherwise the record captures what today’s scientists usually chose and stays silent on what they systematically overlooked. A funder could ring-fence a small fraction of a grant for the branch not taken, provided that the decision record and the outcome are both deposited. That costs money, but so does having every lab rediscover the same abandoned path. Test whether taste transfers When it comes time to evaluate if our new AI system exhibits taste, the comparison should run across laboratories and fields. At selected decision points in a live research campaign, we should freeze the six fields: the evidence, the candidates, expected results, confidence, costs and the choice made. Experts then rank the options before the outcomes are known, and those outcomes are checked independently later. We could give models one of two diets - papers alone, or papers plus decision histories - and ask them to rank the next experiment on unfamiliar projects. Then, we score information gained per dollar and week, calibration, and how quickly weak branches are abandoned. If histories improve choices only inside the lab that produced them, they amount to useful organizational memory. If they improve choices on unfamiliar problems elsewhere, Alasdair’s group will have captured something science has never managed to write down: a transferable record of taste. Until that happens, a scientific search history is a promising record, not yet a training set.
Group sues AMA seeking transparency over Medicare billing codes
PatientRightsAdvocate.org says it wants to republish the proprietary billing codes that guide billions of dollars in health care payments.
NJ towns, school districts owe millions to public worker health plans
As state-run health benefits plans rise in cost, some towns and school districts owe the plans tens of millions of dollars.
Bozeman hosts ribbon cutting on new million dollar turf field
Bay District Schools will unveil a new AstroTurf field during a ribbon cutting ceremony at Deane Bozeman this Friday.