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Abercrombie Is Said to Seek Fresh Backers for China Business
Fashion brand Abercrombie & Fitch Co. is considering options for its China business including bringing in local partners to help grow the business, according to people familiar with the matter.
Ravens Outfit Local Youth Football Programs Through Sports Grant
Team to host Youth Football Day on Aug. 5 at training camp practice. Approximately 2,500 participants from 24 youth and high school programs to receive new equipment and apparel.
Coming to XBOX Game Pass: Gears of War: E-Day Open Beta, Cricket 26, Date Everything!, and More
Grab your COG tags, we’re jumping into the Early Access Open Beta for Gears of War: E-Day! You can also grab your Dateviators to Date Everything!, and your bat to rule the field in Cricket 26. Lots of accessories in this next round of games coming soon to XBOX Game Pass!
Rice researcher honored for advancing science behind AI and human assessment
Rice psychological scientist recognized with early career award for distinguished contributions to research methods research, practice, education and service.
BP Puts Another Asset Up for Sale as Profit Surges
BP to sell biogas business; HSBC resumes buybacks
Bayer Earnings Beat Estimates on Crop Science Strength
Bayer AG posted better-than-expected profit in the second quarter, helped by a strong performance in its crop science business.
Apple Briefly Takes Telegram Off App Store Over Abusive Content
Apple Inc. briefly removed the Telegram messaging app from its App Store after finding content on the platform that violated a ban on child sexual abuse material.
Apple’s New CEO Taps Retired Hardware Executive for Management Team
Incoming Apple Inc. Chief Executive Officer John Ternus is bringing back a trusted lieutenant from his time running hardware engineering to join his new management team.
Fitbit Data Can Finally Sync to Apple Health
The latest update to the Google Health app for iOS allows Google Health data to sync to Apple Health. Google's app is used to collect data from wearables like Fitbit trackers and the Pixel Watch. Sync to Apple Health. Share your data like your exercise records, sleep, vitals, steps, and more from Google Health to Apple Health. Google Health (previously the Fitbit app) collects fitness, sleep, and wellness data from a connected wearable device.
Mamdani Dismisses Business Leaders Advising NYC’s Mayor’s Fund
New York City Mayor Zohran Mamdani dismissed the business and civic leaders who advised a multimillion-dollar fund that channels private donations into public programs, removing a longstanding group of corporate advisers from City Hall’s philanthropic arm.
Amazon Cloud Chief Says Potential AI Business is ‘Just Massive’
Amazon.com Inc.’s cloud chief said customers are starting to shift from using the company’s services to train AI models to integrating them into their businesses — fueling demand for a process known as inference.
Debt Digest | Federal Debt is a Health Care Problem
Welcome David Ditch to the Debt Dispatch! We are pleased to announce a new regular contributor: David Ditch will be joining the Cato Institute as a Policy Analyst for Budget and Entitlement Policy later this week. David has more than a decade of experience in fiscal policy issues, with a particular focus on federal spending. He previously worked at the Senate Budget Committee, the Heritage Foundation, and the Economic Policy Innovation Center. David’s areas of expertise include appropriations, transportation, agriculture, federalism, grantmaking, and policy options for deficit reduction. Originally from the Rochester, N.Y. area, David has a BA in Economics and Political Science from the University of Rochester and a MA in Political Management from George Washington University. David currently lives in Arlington, VA. You may have enjoyed his earlier guest posts: CBO: New Highway Bill Has More Spending, Taxes, and Deficits Trump Administration’s Proposed Changes to Federal Grants Highlight Problems of Big Government Here are this week’s reading links and fiscal facts: The federal debt is largely a health care problem. In a new report, the Congressional Budget Office and Joint Committee on Taxation find that “In 2026, federal subsidies for health insurance, net of related payments to the government, are projected to equal $2.4 trillion, or 7.4 percent of gross domestic product (GDP). In CBO and JCT’s projections, those subsidies grow by 65 percent, reaching $3.9 trillion, or 8.4 percent of GDP, in 2036. Subsidies for Medicare contribute most to that overall growth, increasing by $900 billion. Over the entire 2026–2036 period, federal subsidies for health insurance total $33.6 trillion.” Cato’s Michael Cannon emphasizes, “The long-term federal debt problem is a health care problem. […] Only two categories of federal outlays will grow faster than gross domestic product (GDP): health care subsidies and interest payments on the debt. The former is, therefore, the primary driver of the latter.” The bond market fears deficits, not the loss of tariff revenue. Responding to a New York Times essay claiming tariff revenue has grown too important for a future administration to unwind, Cato’s Kyle Handley argues: “Bond investors are not attached to customs duties as a line item revenue source. They care about the government’s overall fiscal position.” He continues, “tariff revenue is a side hustle. And the Trump administration has already promised to dole out the funds through schemes like tariff dividend rebates, farm subsidies, and pay-fors on tax cuts or other spending.” Furthermore, “tariff revenue is simply not large enough to transform the government’s fiscal trajectory.” Take net interest for example: it “reached $970 billion in fiscal year 2025, absorbing 18.5 percent of federal receipts. Customs duties accounted for only 3.7 percent of receipts—and that was before refunds (see Figure 2).” Handley concludes, “The real bond-market concern is a large and growing interest bill, persistent budget deficits, and a political system unwilling to bring spending and revenue into alignment.” Medicare’s spending growth is driven by more volume and utilization. A Congressional Research Service report finds that Medicare spending “grew at an average annual rate of 7.3%” from 1985 through 2025, and the trustees project health care expenditures will keep rising “faster than gross domestic product (GDP) in most future years.” Citing CBO, the report attributes Medicare’s projected 2026–2036 spending growth to “23% from higher enrollment, 31% from inflation, and 47% from the growth of inflation-adjusted spending per beneficiary. In other words**, the largest single driver of Medicare spending growth during the next decade is expected to be higher volume and intensity of health care services.”** Boccia and Thakur explain: “as the economy grows, Medicare spending tends to grow at least as fast—and often faster—because the program automatically pays the bill for more and more healthcare consumption by seniors, even as prices rise.” The Fed has little control over market interest rates. Cato’s Jai Kedia documents that the Fed has held its rate target steady since December, yet “nearly every rate Americans actually borrow at has climbed over the same stretch.” Kedia continues, “The Fed did nothing, and the cost of credit went up anyway. […] Markets spent these months repricing macroeconomic events such as sticky core inflation, a volatile energy market driven by the conflict in the Middle East, and global trade disrupted by tariffs, among others. None of that required a policy change to show up in borrowing costs because markets, not the FOMC, set prices.” He concludes, “Accurately priced borrowing rates will come from credible disinflation and disciplined budgets and from a Fed content to follow the economy rather than pretend it leads it.” Nearly half of US farm income comes from taxpayers. Former Reagan OMB director David Stockman notes that “in the most recently completed full year (FY 2025) farmer incomes in the US totaled $97.8 billion, but fully 42.7% or $41.8 billion of that amount came from taxpayers, not the marketplace. Nor is this some kind of one-year aberration. If we look at the most recent decade as a whole, total farm income posted at nearly $708 billion, but, as indicated, fully $322 billion or 45% of this came compliments of US taxpayers.” Cato’s Chris Edwards explains why so little of that income is market-earned: “Farmers are businesspeople, but the government shields them from just about every type of weather and market risk. Furthermore, just about every part of the agricultural industry is subsidized, including insurance, loans, marketing, research, export sales, and land improvements.” The Debt Dispatch is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
Atlanta's Lavender Fest combines art and activism in third season
Director Ty Autry said Lavender Fest's "Unerasable" theme reflects that queer stories are "an act of rebellion and resistance."
Daiwa Profit Beats Estimates as Equities Business Surges
Daiwa Securities Group Inc.’s quarterly profit rose more than analysts expected to the highest in 13 years, as Japan’s second-largest brokerage benefited from the global stock trading boom.
The genius narrative isn’t inspiring
Analysis of over 400 children's books finds ideas around early interest in science and innate ability could turn young readers away from science
Blue Owl Hires Ex-Barclays Banker as Co-Head of Japan Business
Blue Owl Capital hired former Barclays Plc executive Takeo Ikemori to jointly lead its Japan business, as the alternative asset manager seeks to deepen ties with institutional investors in the country.
Apple Is Reinventing Itself as the World’s Biggest Subscription Provider
Also: MacBook Air runs into major shortages.
AI Is Now Power — and America’s Lead Is Shrinking
The stakes have never been higher for technology in politics, war and statecraft.
Watch Why Think Tanks are a Billion Dollar Business
Think tanks bring together experts and shape debates in Washington, but how do you measure the value of an idea? From the Aspen Institute to the Heritage Foundation, this episode explores the business of ideas, the billions of dollars behind America's leading think tanks, and how they measure success.
Microsoft's most-underrated gaming feature is steadily gaining traction, but big gaps remain — Xbox Play Anywhere report card
New data shows Xbox Game Pass adoption has improved in recent months, but big app gaps remain. Can Microsoft do more to boost it?
5 loaded cartoons about the military running out of ammo
Artists take on empty threats, lost in translation, and more
Highpoint Health, Ascension Saint Thomas break ground on new Wilson County emergency facility
Wilson County residents are one step closer to having emergency care closer to home
This Arctic Road Shows How Trump is Rewriting the Rules of Business
The federal government issued a permit for a road long in the making in exchange for a stake in a mining company.
13 things pet owners should clean regularly to keep everyone healthy and happy
Veterinary experts share tips on how to care for the items that come into contact with our furry companions to promote good health and stave off odors.
Alphabet rolls back AI image generation in Google Earth over policy violations
Alphabet's Google said on Friday it was rolling back an AI image-generation feature it had introduced in Google Earth just a day ago, after users shared images that appeared to violate the company's policies.
Prosecutors drop Reflecting Pool damage charge against former Olympian
Trump has claimed vandals deliberated damaged the pool, but prosecutors say internal documents show it was likely contractor error.
'The End of Oak Street: Could JJ Abrams' new 'Twilight Zone meets Jurassic Park' movie be the sleeper hit of the summer?
"I think our house, our neighborhood, our whole street, has moved."
Inside Tencent’s Failed Attempt to Take On ‘Grand Theft Auto’
Lightspeed’s Last Sentinel burnt through six years of development and hundreds of millions of dollars
Trump Rewrites Corporate Norms With Arctic Mining Deal
The federal government granted a permit to build a road through Alaskan wilderness. In exchange, it gets part of a mining company.
AI Will Make Our Politics Even More Emotional
Politics has always been about emotions as well as reason and self-interest. Great politicians such as Winston Churchill have been able to stir our most profound feelings. Great political moments such as Nelson Mandela’s walk to freedom from Robben Island have moved people to their core.
New York Will Regret Going Into the Grocery Business
The market, as I have noted before, is a small miracle. All these people come together — sellers, buyers, go-betweens — with different preferences, needs and resources, and they manage to come up with a price. The market clears, and everyone is better off.
BP Starts Process for Potential Sale of Its North Sea Business
BP Plc said it’s starting a process to market its North Sea business for a potential sale, as part of a wider review of the oil major’s portfolio.
Sony Raises Outlook After Entertainment Drives Earnings Beat
Sony Group Corp. raised its profit outlook after its lucrative content holdings generated continued growth, underscoring the entertainment group’s resilience in the face of rising component prices.
Apple’s Sales Disappoint in China Unit, Services Business
Apple Inc. sales grew slower than analysts anticipated last quarter in China and its services business, sparking concerns about two key markets.
Mandela Barnes drops out of Democratic primary race for Wisconsin governor
The former lieutenant governor made the announcement in a video posted on his Facebook page as democratic socialist Francesca Hong has garnered strong support from the liberal wing of the party.
Tori Spelling exits ‘Beverly Hills, 90210’ rewatch podcast with Jennie Garth
Tori Spelling has exited the ‘Beverly Hills, 90210’ rewatch podcast she hosts with Jennie Garth, with the latter moving forward with the ‘90210MG’ series without her.
‘Very little about these twists and turns are as they seem’
Opinion, comment and editorials of the day
Poland Likely Hit by Russian Missile, Premier Says
A Russian missile probably fell in the eastern part of Poland early morning on Thursday, Prime Minister Donald Tusk said.
How a Few Hundred Dollars Could Manipulate Election Prediction Markets
Touted as a truth serum for political forecasting, they’re vulnerable to distortion, sometimes at surprisingly low cost.
Antarctica just experienced minus 119 F, Earth's coldest temperature since 2012
Too hot? Head to the Concordia research station in Antarctica, where "astronauts of ice" just experienced near-record-breaking cold.
'Demon cavefish' discovered under WWII chemical weapons facility in Alabama
Introducing demon cavefish (Demogorgonichthys arcanus); the rare eyeless predators that have been hiding in plain sight below a military base for decades.
Biogen Beats Estimates as New Medicines Overtake MS Business
Biogen Inc. reported quarterly revenue and adjusted earnings that beat analysts’ expectations as sales of newly acquired kidney and eye-disease drugs helped offset declining revenue from multiple sclerosis medicines.
AI Is Bending the Rules of Brazilian Politics
Technology is reshaping election campaigns across the globe.
Cyclospora exposes weak links in America's food safety system
The Trump administration wants Americans to eat healthy foods, but experts say cuts have weakened public health infrastructure.
Chemical engineer Chris McDonald appointed as UK’s science minister
Former head of Materials Processing Institute given responsibility for science in hybrid role
CBS Sports Secures Exclusive U.S. English-Language Rights for Champions Cup Beginning in February
CBS Sports, new home of Champion Cup
Private Equity Firm Unloads Mental Health Chain Into Muni Market
A Connecticut-based private equity firm plans to sell a chain of mental health centers and sober-living homes through a deal financed by municipal bonds.
US Consumer Confidence Falls on Worse Business, Labor Views
US consumer confidence fell in July as Americans’ views about current business conditions and the labor market deteriorated.
Apple Set to Make Big Smart Home Push With Siri AI at Center
Apple Inc., after spending years as a laggard in the smart home market, is preparing a dramatic new push into the category with fresh devices and software.
‘Spider-Man: Brand New Day’ marks the start of something new: ‘It’s a beginning’
‘Spider-Man: Brand New Day’ team describes the new Marvel film as ‘a beginning.’ ‘It’s a brand new...thing,” Tom Holland says.
Rice research offers new perspective on how Asian Americans develop political identities
Rice associate professor of political science sought to better understand how members of one of America’s fastest-growing racial and immigrant populations come to learn about the American political system and develop their political identities.
MCP just got its biggest update ever — here’s what changes for AI agents
The Model Context Protocol’s biggest update yet makes MCP stateless, strengthens security and governance, and positions AI agents for large-scale enterprise deployment across cloud and Kubernetes environments.
In the Lindsay Clancy trial, mental health treatment is also on the stand
It already worked against Latarsha Sanders, the Brockton mother found guilty of killing her two youngest children.
Skanska delivers $380M LAX project, touts small business partnerships
The contractor said it surpassed all of its targets for inclusion of small, local and veteran-owned business enterprises on the project.
A steward’s view on how business can rebuild Earth systems
Business is one of the most powerful levers for transformation when it comes to climate and nature, and needs to rethink how modern systems are designed.
US National Science Foundation putting $380 million into building ...
North Carolina State is one of the institutes receiving a $20 million grant aims to advance an autonomous chemistry lab
Kelly Ripa absent from ‘Live’ amid painful surgery: ‘I know it’s bad,’ Mark Consuelos said
Kelly Ripa was absent from ‘Live With Kelly & Mark’ amid oral surgery, with Mark Consuelos revealing painful details: ‘She’s not allowed to talk,’ he noted.
Why use rare earths in rubber production? China is engineering stronger tyres
A new facility leverages decades of research to produce high-strength rubber designed to meet requirements of EVs and heavy-duty transport.
For one Minnesota man, peer connection was the key to mental health recovery
Fairview is expanding outpatient group programs across Minnesota, giving teens and adults more intensive support while helping them stay connected to work, school and home.
⛳️ Y! Sports AM: The future is now
Jackson Koivun, the most hyped rookie in a generation, is already a PGA Tour champion.
Will Justin Herbert Increase His Rushing Attempts?
Justin Herbert showed last season that his mobility is an underrated part of his game. With Mike McDaniel now running the offense, could the Chargers lean on Herbert’s legs even more? A slight increase in rushing attempts might make the offense even more dangerous in 2026.
The Oklahoman seeks fall high school sports intern
The Oklahoman seeks an intern with multimedia skills to assist with high school sports coverage this fall.
Samsung’s Galaxy Z Fold 8 ‘Passport’ Design Is the Next Big Smartphone Trend
Between the Fold 8 and Apple’s first folding iPhone, US consumers are about to see a lot more of this shorter, wider shape.
'Furious' review: Hulu's new crime drama is savage, smart, and addictive
Emmy Rossum headlines Elizabeth Meriwether's new series.
Germany’s Business Outlook Improves Despite Iran Uncertainty
Germany’s business outlook brightened for a third month, a sign of resilience to higher energy prices and geopolitical uncertainty.
Apple’s Smart Glasses Will Need to Overcome Meta’s Privacy Reputation
Company debated whether glasses will be able to record video.
Chiefs’ rookie Mansoor Delane delivers health update
Delane, the 6th-overall selection in the 2026 NFL Draft, suffered a shoulder injury during OTAs last month.
Morocco Football Boss Enters Politics With Premier Bid Possible
Morocco’s football czar joined one of the kingdom’s biggest political parties, edging closer to a possible bid for the role of prime minister in September’s elections.
Mourinho Makes Vini Jr. Decision Amid Arsenal Transfer Interest
Mikel Arteta identified the Brazilian as a key target as Arsenal prepares to defend its Premier League crown.
Kalen DeBoer's Alabama Future Lands Resounding Take From Insider
Is it possible that the Alabama Crimson Tide could part ways with Kalen DeBoer after 2026?
North Leeward Predators FC, Helenites SC, and Elite Sports Club advance in CFU Club Shield
Three teams moves to Round of 16
How Free Batteries Help NYC Small Businesses Save on Electric Bills
Power-supplier startup David Energy is giving local businesses like laundromats and pizza shops free batteries to avoid price surges when the grid is tight.
Colston Loveland sounds off on Ben Johnson-Caleb Williams dynamic
Bears TE Colston Loveland recently opened up about how the relationship between Caleb Williams and Ben Johnson developed last season.
Luis Rengifo keeps Padres season afloat with pinch-hit homer
News to know about your San Diego Padres and MLB for July 25, 2026.
MeToo Part Deux Is Coming to US Politics
In the little more than two weeks since Graham Platner was forced to halt his Senate campaign in Maine, his career in tatters after a rape allegation, the Democratic Party has been trying to move on and forget about the oysterman’s problematic candidacy.
The Bees moved to the suburbs. Now, an entertainment district is taking shape around them.
The Salt Lake Bees' new ballpark was only the beginning. Here's how America First Square is transforming into a sports and entertainment district.
Top NFL, CFB headlines this week July 20-24: ICYMI
These are the top NFL and college football headlines you may have missed for the week of July 20-24.
Christopher Nolan found this David Lynch movie ‘laborious’ to sit through: ‘I cannot say that I enjoyed the film’
‘The Odyssey’ director Christopher Nolan found this David Lynch cult classic ‘laborious’ to sit through the first time: ‘I cannot say that I enjoyed the film.’
Player Availability Report: #LAFCvSKC
Player Availability Report is SportingKC.com’s look at the latest status updates around the team ahead of upcoming matches and is presented by Saint Luke’s. All details listed are from the league’s official Player Status Report that is submitted the day prior to the match. Sporting Kansas City has a quick
Texans Legend DeAndre Hopkins Joins Patriots in New Career Move
The Houston Texans, despite being one of the younger NFL franchises, have had some incredibly talented players grace their team.Andre Johnson and J.J. Watt are both Hall of Famers in their own right (future in Watt’s case), and longtime wide receiver DeAndre Hopkins could potentially be on the same trajectory.Hopkins, with 13 years of NFL […] The post Texans Legend DeAndre Hopkins Joins Patriots in New Career Move appeared first on HEAVY.
Three Auburn players named to preseason All-SEC team
Three Auburn players earned Preseason All-SEC honors as the Tigers prepare for the upcoming college football season.
Ciokajlo: Resilient restaurateurs point the way in Detroit
Crain's Detroit Business Executive Editor Mickey Ciokajlo reflects on the role resilient restaurant owners have played in Detroit's comeback story. Three of them recently spoke at a Crain's Power Breakfast event.
How Africa’s richest man plans to turn a $20 billion business into a $100 billion industrial empire
Africa’s richest man Aliko Dangote plans to grow Dangote Group into a $100 billion industrial empire by 2030 through refinery expansion, cement growth, fertiliser investments and what could become Africa’s biggest IPO
Colombia Schools, Businesses Urged to Go Remote on Natural Gas Pause
Colombia’s government is urging schools and businesses to operate remotely for several days starting next week as the nation braces for natural gas rationing during planned maintenance of its sole import terminal.
AI Lab Midjourney Eyes Suite of Apps After Buying Astrology Startup Co-Star
Artificial intelligence lab Midjourney Inc. has bought the popular astrology app Co-Star and is building its first standalone image-generation app, the startup’s latest moves to push into new business areas after promising an ambitious expansion last month.
‘Big Brother,’ ‘Drag Race’ star apologizes to Ryan Murphy on air over declined role
‘Big Brother’ houseguest Jason De Puy, also known as ‘Drag Race’ star Salina EsTitties, hilariously apologized to Ryan Murphy on the air over declining role: ‘Cast me, I’m sorry!’
US Business Activity Picks Up on World Cup, July 4 Spending
US business activity expanded at the fastest pace in eight months as strong domestic demand for services offset cooling factory production, growing supply chain delays and rising costs.
Rice materials science triumphs with pair of Telly Awards
Rice is a double winner in the 47th annual Telly Awards, which honor excellence in video and television. The university won a silver Telly in the Education and Discovery category for a social media series titled “Discovering Materials Science and Engineering: Engineering Solutions for a Changing World,” which followed freshmen as they were introduced to how materials shape the world in a materials science and nanoengineering course of the same name. Additionally, Rice won a bronze Telly in the Educational Institution category for a nonbroadcast campaign titled “RAMI Undergraduate Research Fellows at Rice University,” which showcases cutting-edge undergraduate research.
To negotiate with Iran, understand it first
Western countries assume Iran’s actions are aimed at them. But something else is going on.
Northern Michigan University banks on new business school, housing to help boost enrollment
The university in Marquette is undertaking several initiatives to help reverse a decade-plus enrollment slide.
Euro zone business activity returns to growth in July for first time in four months, PMI shows
Euro zone business activity returned to growth in July for the first time in four months, driven by a rebound in new orders, even as high inflation and renewed conflict in the Middle East clouded the outlook, a survey showed on Friday.
Girl, 6, Died After Experimental Gene-Editing Treatment in China: Science
A young girl died after receiving an experimental gene-editing treatment in a clinical trial in Shanghai, Science reported, raising questions about regulatory oversight and transparency as China rapidly expands its biotechnology ambitions.
Harrison Smith's Potential Return Could Force Tough Vikings Roster Decision
SKOR North Minnesota Sports believes the Vikings could face difficult roster decisions depending on what role the veteran safety would fill in 2026 if he decides to return.
Lollapalooza 2026 is nearly sold out, but here’s how you can still find last‑minute tickets
More than 100 artists will perform across 8 stages at Chicago's Grant Park from July 30 through Aug. 2.
Microsoft Is Replacing OpenAI Image Models in PowerPoint, Bing
Microsoft Corp. is replacing OpenAI’s image-generating models with its own technology in popular products like PowerPoint and Bing.
Tepper Sports & Entertainment Unveils New Renderings of Bank of America Stadium Renovations
New renderings of Bank of America Stadium, Charlotte FC’s home since the team’s inaugural season in 2022, were released today.
Tepper Sports & Entertainment Unveils New Renderings of Bank of America Stadium Renovations
New renderings of Bank of America Stadium, Charlotte FC’s home since the team’s inaugural season in 2022, were released today.