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Three Rivers Corporation promotes Jamie Crockett
Three Rivers Corporation has promoted Jamie Crockett to chief operating officer, placing him in charge of construction and specialty trade operations.
TAMIU receives proposed funding for AI freight project
TAMIU's proposed logistics project would use artificial intelligence to improve freight movement through Laredo and strengthen regional trade.
Trump launches ‘Super Intelligence Force’ after calls for AI slowdown
Leaders from the intelligence community, the Pentagon, the Federal Trade Commission and the Office of Personnel Management will serve on the task force.
Mets Morning News: “Everything changed when I got traded”
Your Sunday morning dose of New York Mets and MLB news, notes, and links.
How Americans’ Financial Health Is Faring In The “K-Shaped” Economy
Hey all, Jason here. Money20/20 is still two weeks away, but I’ve already started packing (not procrastinating for once!). My calendar is already filling up with various sessions I want to catch, meetings, and of course happy hours, dinners, and other side events. If you’ll be in Vegas and want to catch up, let me know by replying to this email, and we can try to find a time amidst the chaos of the Venetian. A big if not totally unexpected piece of news dropped on Friday: the Independent Community Bankers of America, a trade group that represents smaller U.S. banks, filed a lawsuit against the OCC and Comptroller Jonathan Gould, arguing that the regulator’s move to grant trust bank charters to firms seeking to use them to conduct substantial non-fiduciary activities exceeds the authorities granted to the OCC by Congress. I haven’t had time to fully digest the legal filing or speak to folks in my network about it, but you can expect to see coverage and analysis on it in next week’s newsletter. Subscribe or Support by Upgrading The NerdCon agenda just dropped. It’s stacked. Partner content: Nubank built an AI-first bank. Chime built its own banking core. Figure and Valon are rebuilding the mortgage stack. At NerdCon, you’ll hear from the people behind those bets: what they chose, what they learned, and what they’re still figuring out. The agenda is live, with leaders from Nubank, Chime, OpenAI, Remitly, Mercury, Figure, Valon and more. Follow the mainstage conversations, bring the problem your team is wrestling with to a hands-on workshop, or pull up a chair at a roundtable. Pick your quests. Meet us in San Diego, November 18–20. Fintech Business Weekly readers save 20% with code FBW20. Explore the Agenda Things To Know & Other Good Reads Federal Reserve Board finalizes changes to enhance the transparency and public accountability of its stress test and reduce volatility in its stress test-related capital requirements (Federal Reserve Board of Governors) FDIC Announces Conclusion of Independent Monitorship (FDIC) Modernizing Financial Regulation: Initial Observations from eSLR (Fed Vice Chair for Supervision Michelle Bowman) The Data Version of Godzilla versus Kong: FRED Takes on AI (Fed Governor Christopher Waller) Financing the AI buildout (Brookings) Q3’26: Rules for Banks but Not for Crypto (Fintech Takes Banking) The Inevitability of Local Stablecoins (Lombard Notes) Delusions of AI Governance: The Human-in-the-Loop Comfort Blanket (Fintech Snark Tank) Stripe agrees to acquire Parafin to expand revenue opportunities for platforms and help small businesses grow (Stripe) Listen: Fighting Fraud in the Age of AI, with SEON’s Tamas Kadar (Fintech Business Weekly) How Americans’ Financial Health Is Faring In The “K-Shaped” Economy If there is one overarching theme across the economy and politics in the U.S. at the moment, it’s “affordability.” The term is vague enough to encompass a panoply of factors shaping Americans’ day-to-day lives: rising costs for the hallmarks of being “middle class,” including healthcare, housing, childcare, and education, inflation and rising interest rates, and a job market with the specter of AI hovering over it. At the same time, policy shifts under the Trump administration have resulted in reduced subsidies to those who get health insurance under the Affordable Care Act and new restrictions on qualifying for Medicaid and SNAP, the impacts of which have yet to be fully felt. These factors are contributing to declining consumer confidence and general dissatisfaction with the economy, despite continuing GDP growth and stock market records. This divergence is encapsulated in the idea of the “K-shaped” economy, in which a small proportion of Americans have seen their wealth balloon, while the majority of American households struggle to preserve the lifestyle they have. Perhaps the greatest determinant of which branch of the “K” a household is on is whether their wealth and income are primarily derived from employment vs. from assets. Nearly two decades of low interest rates and, more recently, elevated rates of inflation have benefited asset owners, while those whose income is primarily or solely derived from labor have largely seen real purchasing power stagnate or decline. This is reflected in recent Bureau of Labor Statistics data showing that labor share of U.S. GDP — the fraction of economic output that accrues to workers as compensation in exchange for their labor — dropped to just 52.8% in Q2 2026, the lowest since the BLS began keeping records. In 1947, approximately 2/3rds of economic output accrued to workers; even as recently as 2001, labor’s share of GDP was 64.1%. Against this backdrop, we’ve seen the rise of more credit and credit-like products: cash advance apps, “no-fee” overdraft, earned wage access, and buy now pay later, which are often used as small-dollar short-term borrowing mechanisms to meet immediate consumption needs or pay other bills (eg utilities, cell phone, other debt payments). With the markers of a middle class existence and, increasingly, basic financial stability seemingly out of reach for many, it should be no surprise there’s been an increase in “financial nihilism,” something industry peers like Alex Johnson and Frank Rotman have discussed and analyzed the roots of. The explosion of gambling and gambling-adjacent products and services — often marketed under the guise of being an “investment” — is inextricably intertwined with the rise of financial nihilism. Crypto, sports betting, and, more recently, prediction markets offer an escape or even hope of sorts, like a contemporary, digital version of a scratch-off lottery ticket, while leaving the overwhelming number of people who use such products worse off. Share of Households That Are Financially “Vulnerable” Ticks Up The Financial Health Network’s 2026 Financial Health Pulse® report adds context on how American households are faring. (I linked to this report in last week’s newsletter, but wanted to take time to further unpack the data in the report this week.) The Financial Health Network publishes the report annually, providing insight into how Americans’ financial circumstances are changing over time. The 2026 report is derived from a survey fielded in April and May 2026. The report leverages survey responses to assess indicators of financial health across spending, saving, borrowing, and planning/protecting and to determine a zero to 100 “FinHealth” score. Those with scores between 0 and 39 are considered “Financially Vulnerable,” consumers with scores ranging between 40 and 79 are defined as “Financially Coping,” and those with scores of 80 to 100 are “Financially Healthy.” The report found that moderate improvements in 2025 were reversed, with the share of respondents considered financially “vulnerable” rebounding to 17%. The longitudinal data reflect the impact of pandemic-era programs, like expanded unemployment, cash stimulus payments, and pauses of federal student loan payments. The positive impacts of those programs, as reflected in the Financial Health Pulse reports, had largely disappeared by 2023. While pandemic-era inflation — to be fair, in part caused by the various support and stimulus measures — had come down from as high as 9% in 2022, it has rebounded since the start of Trump’s second term, with tariffs and energy market disruptions owing to the war in Iran pushing prices back up. Specific indicators in the survey that deteriorated from 2025 to 2026 include the share of respondents spending less than their income over the past 12 months, the share paying all bills on time over the past 12 months, the share that have a manageable amount or no debt, the share that are “moderately” or “very” confident their insurance is adequate to cover them in an emergency, and the share that “somewhat” or “strongly” agree that their household plans ahead financially. Unsurprisingly, lower- and moderate-income households are more likely to struggle to pay their bills on time and have any funds leftover to save. The share of low-income households whose income exceeded their spending dropped from 35% in 2025 to 31% in 2026, while the share of upper-income households whose income exceeded expenses remained unchanged at 63%. Households with student loans or revolving credit card debt reported having “a bit more” or “far more” debt than was manageable at rates far higher than those not carrying these types of debts. The share of those with student loan debt indicating their debt load was too high to manage increased from 50% in 2025 to 55% in 2026, while the share of those with revolving credit card debt saying the same ticked up from 51% in 2025 to 54% in 2026. Households that had student loans were markedly more likely to be financially “coping” or “vulnerable” vs. those without student loans. In 2026, 27% of households with student loans were considered financially vulnerable, a jump of 6% points vs. 2025. Households without student loans saw just a 1% point increase (not statistically significant) in those considered financially vulnerable. Households’ perception of the affordability of categories of goods and services paints a stark picture, with less than one-fourth considering higher education affordable, about a third deeming childcare affordable, and less than half viewing healthcare as affordable. 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. Democratic Senate Report Highlights How Iran Uses Tether to Evade U.S. Sanctions Iran uses stablecoins, specifically Tether, to evade sanctions, fund regional proxies, and to purchase military drones, a report released last week by the Senate Permanent Subcommittee on Investigations says. The report was authored by committee ranking member Senator Richard Blumenthal (D-CT) and the minority staff. Crypto and stablecoin proponents will often push back on criticism that criminals make use of these assets by arguing that, on an absolute dollar basis, far more illicit funds flow through traditional banking systems and payment rails than via crypto and stablecoins. And while that is likely true, it elides the reality presented in news story after news story: whether state actors — Russia, Iran, North Korea — or criminal groups, those looking to engage in illicit transactions increasingly favor stablecoins and, specifically, Tether (USDT). The report from the Senate Permanent Subcommittee on Investigations released last week adds context to how Iran uses Tether has a lynchpin in its shadow banking system. The report analyzed 846 wallets that have been sanctioned or targeted for seizure, finding that 84% of them transacted exclusively or primarily in Tether. The ability to create near limitless, anonymous wallets and to move funds effectively instantaneously and irreversibly have made crypto a favored financial mechanism for bad actors. Stablecoins solved key drawbacks of bitcoin, namely, the original cryptocurrency’s highly volatile value in dollars. And while Tether (the company) has the technical ability to “freeze” or destroy funds, the company is often limited and reactive in its approach to doing so, the Senate report argues. Tether, which is nominally based in crypto-friendly El Salvador, “has stated that its compliance with OFAC sanctions is ‘voluntary’ and that it follows ‘OFAC guidelines,’” the Senate report says. Owing to these favorable attributes, Tether “became a primary cryptocurrency for Iran, Hamas, Hizballah, and the Houthis beginning in 2023 and has expanded in scale since,” according to the report. Tether’s role in Iran’s shadow banking system, the report says, is enhanced by crypto exchanges like Bybit, Kyrrex, OKX, Gate, and Binance, and through “over the counter” exchanges and hawala networks. The consequences of these financial flows aren’t hypothetical. The Senate report links Tether as a funds transfer mechanism to Iranian proxies in the region, including Hizballah, the Houthis, and Hamas. Tether has also been used to make payments to secure components necessary to manufacture drones, the report says. The report concludes by arguing that “[s]tablecoin issuers with a significant nexus to the United States, particularly those that offer dollar-denominated stablecoins, should be subject to American sanctions law rather than being allowed to hide behind foreign jurisdictions.” Stablecoin issuers like Tether must be held accountable for repeated failures to prevent illicit finance and sanctions violations by law enforcement, the Department of Justice, the Securities and Exchange Commission, and OFAC, the report argues. [Paying Subscriber Exclusive] OUSD Goes Live, Make Your Own Neobank, U.S. Sanctions Russia’s A7 Network As “Transnational Criminal Organization” OpenUSD, the stablecoin issued by the Open Standard consortium that includes Stripe, Visa, Mastercard, core providers, crypto firms, and numerous banks, went live last week. Social commerce platform Whop raised eyebrows in fintech by offering creators on its platform the ability to launch their own neobanks, which the company describes as “great businesses that are easy to run,” in just 15 minutes. And OFAC and FinCEN target Russia’s “shadow banking” A7 Network — more on these stories after the paywall.
Gary Shapiro: why trade shows matter and how to get them right
I ran powerful trade show CES for decades. Bill Gates told me once that trade shows were key for Microsoft. Now, author Robyn Davis is onto something.
49ers almost drafted 5-time Pro Bowler in 2020 draft
The 49er had their eye on Tristan Wirfs, but also already had a trade for Trent Williams planned.
Contributor: Democrats can become the party of business
Republicans are not standing up for the small U.S. companies that suffer in trade wars. Doing so would be good business and good politics.
Warriors’ Former All-Star Suddenly Emerges as Potential Trade Candidate
The Golden State Warriors could be parting ways with a former All-Star they acquired last season. According to NBA insider Brett Siegel of ClutchPoints, the Warriors’ top trade candidate entering the 2026-2027 NBA season is Kristaps Porzingis because his $20 million salary matches, and only $3 million is guaranteed for next season, essentially making it […] The post Warriors’ Former All-Star Suddenly Emerges as Potential Trade Candidate appeared first on HEAVY.
Pittsburgh Penguins’ Egor Chinakhov Continuing to Impress
When the Pittsburgh Penguins acquired Egor Chinakhov from their divisional rivals, the Columbus Blue Jackets, right before the New Year, it was a move that could’ve easily flown somewhat under the radar. Chinakhov, an underperforming former late first-round pick, was traded for Danton Heinen and draft picks. At the time, it didn’t seem like an […] The post Pittsburgh Penguins’ Egor Chinakhov Continuing to Impress appeared first on HEAVY.
Report: Simon Edvinsson asked Detroit Red Wings for a trade
Simon Edvinsson reportedly has followed in the footsteps of Dylan Larkin and asked the Detroit Red Wings for a trade
Simon Edvinsson Reportedly Prefers Trade From Red Wings
Elliotte Friedman reports Simon Edvinsson prefers to be traded by the Detroit Red Wings as his contract standoff takes a dramatic turn.
How would you grade the Steelers’ Joey Porter Jr. trade?
Steelers news and notes for Saturday, Oct. 3.
Barkov Injury Update Leaves Panthers In a Sticky Spot
The updates on Aleksander Barkov are coming in fast and furious on Saturday, with several insiders posting news about his injury scare and how long the Florida Panthers superstar is expected to be out of action. Is it short-term? Is it long-term? Long enough that the Panthers will try to make a trade?Barkov Goes on […] The post Barkov Injury Update Leaves Panthers In a Sticky Spot appeared first on HEAVY.
Is AMC Entertainment Holdings (AMC) Fairly Valued As It Reshapes Debt And Governance?
AMC Entertainment Holdings (AMC) just pushed through a cluster of corporate moves, including board declassification, new debt financing and an equity shelf registration tied to employee stock plans, giving investors fresh governance and capital-structure information to assess. Recent price action suggests traders are reassessing AMC Entertainment Holdings after these capital moves. The 90-day share price return of 46.56% and year-to-date share price return of 72.05% came despite a 1-year...
Domantas Sabonis Makes a Clear Statement on Kings Trade Rumors
Sacramento Kings center Domantas Sabonis makes his feelings clear on the trade rumors surrounding him this offseason.
Browns should do Shedeur Sanders a favor and trade him amid rumors
Can Sanders get a shot elsewhere?
Ex-Philadelphia Eagles Star Named NFL’s Top Trade Candidate
Ex-Philadelphia Eagles star and Super Bowl champion named NFL's top trade candidate by ESPN. The post Ex-Philadelphia Eagles Star Named NFL’s Top Trade Candidate appeared first on HEAVY.
How to watch Dodgers vs. Braves NLDS Game 1
LOS ANGELES — The Dodgers open their 2026 postseason run on a sweltering Saturday afternoon, hosting the Atlanta Braves in Game 1 of the National League Division Series at Dodger Stadium. Tarik Skubal will start for the Dodgers in Game 1, the team’s prized trade-deadline acquisition set to make his seventh career postseason start. Amazingly, […]
Japan's impact on Mississippi takes center stage with 18,000 jobs
Mississippi leaders and Japanese officials discussed trade, jobs and the future of a key international partnership at Millsaps.
Chargers Star Khalil Mack Emerges as Top Trade Candidate
Khalil Mack and the Los Angeles Chargers entered the 2026 season with Super Bowl aspirations. While the defense has been solid, the offense has not held up its end of the bargain.The Chargers sit at 0-3 and are gearing up for a road game against the Seattle Seahawks. This follows a loss in Buffalo in […] The post Chargers Star Khalil Mack Emerges as Top Trade Candidate appeared first on HEAVY.
Grizzlies Face Roster Crunch With Three Cuts Needed Before Season
The Memphis Grizzlies have 18 players on standard contracts and need to trade or waive three before the regular season begins.
Kings’ Sabonis Sent to Raptors in 4-Team Trade Idea
A blockbuster proposal ships the three-time All-Star north to anchor Toronto’s frontcourt, landing Sacramento a massive haul of veteran defensive depth and promising future draft capital.
Crude oil tanker struck by unknown projectile off Oman, UKMTO says
The master of a crude oil tanker has reported being struck by an unknown projectile 4 nautical miles east of Oman, the United Kingdom Maritime Trade Operations (UKMTO) said early on Saturday.
Steelers Should Trade For AFC North WR To Bolster Offense
The Pittsburgh Steelers could benefit from adding a rival wide receiver from the AFC North.
J.J. McCarthy feels 'blessed' after Giants trade, loves the Harbaughs
J.J. McCarthy calls his Vikings-to-New York Giants trade a shock and an opportunity, says he feels blessed, and praises the Harbaughs.
Red Wings Fans Boo Dylan Larkin Loudly Before Opener vs. Rangers
Red Wings fans booed Dylan Larkin during Opening Night introductions at Little Caesars Arena following his offseason trade request.
STC: Preparing the Workforce of Tomorrow
What does the future of transportation mean for the Rio Grande Valley workforce? South Texas College President Ricardo Solis sees opportunities in logistics, international trade, and emerging technology. Through industry partnerships, STC is connecting workforce training with employers’ needs and preparing for electric trucks, automation, and artificial intelligence.
Pharr International Bridge Expansion
More capacity for U.S.–Mexico trade. Pharr International Bridge Director Luis Bazan says phased truck operations for the bridge expansion are expected to begin in mid-September, with the official grand opening scheduled for November 12. The Pharr Truck Expo brought transportation professionals and the community together as the city prepares for this next chapter.
4 Running Backs Who Could Be Traded Soon
With the NFL trade deadline not too far off, several crowded backfields could create opportunities for deals. Injuries around the league could also push contenders to search for proven depth. Several running backs who could be traded already find themselves fighting for touches. Here are four situations that are worth watching.
2026 HFA European Congress Spotlights New Industry Research
Health & Fitness Association submitted comments to the Office of the US Trade Representative on two trade policy dockets that could have significant implications for exercise equipment manufacturers, suppliers, and fitness facility operators.
Are sports & entertainment becoming the 'anti-AI trade'?
Turney Duff chats with Yahoo Sports staff writer Dylan Dittrich and Clocktower Group chief macro strategist Eric Wallerstein about how sports and the "entertainment economy" are emerging as attractive investments as the public's appetite for in-person experiences continues to grow.
Shawn Horcoff Could Trade Simon Edvinsson For His Son
A Simon Edvinsson trade to Pittsburgh would hand Shawn Horcoff his own son. #RedWings
Bishop’s computer science chair says AI is eliminating ‘grunt work’ and reshaping digital jobs
Dr. Russell Butler, chair of Bishop’s University’s Department of Computer Science, says artificial intelligence is increasingly taking over routine digital “grunt work,” changing the skills students and workers may need in the years ahead. Photo courtesy of Bishop’s University. Click here to read our platform! Get local news like this every morning. Subscribe free below. Subscribe Pulse Newsroom Artificial intelligence is already taking over some of the routine digital work once performed by entry-level employees, according to Bishop’s University Computer Science chair Dr. Russell Butler — a shift he believes will make expertise, judgement and the ability to evaluate AI-generated work increasingly important. Butler described the change as automation reaching what he calls the “bottom of the cognitive pyramid” during an interview with The Pulse about AI, university education and the future of digital work. His argument is not that humans are disappearing from the workplace. Instead, he sees their role changing as AI becomes capable of handling more of the repetitive tasks involved in computer-based work. “Everything’s converging on just AI basically doing all the grunt work,” Butler said. The bottom of the cognitive pyramid Butler is from Lennoxville, completed his undergraduate studies at Bishop’s and later earned his PhD at the Université de Sherbrooke. He joined Bishop’s in 2019 and now chairs its Department of Computer Science. He uses AI in research, teaching and other creative work, and said the technology is increasingly capable of handling routine digital tasks that once required substantial human time. “You’ve got the grunt work, like moving things around in Excel, doing basic programming tasks,” Butler said. “That’s like the bottom grunt work that the entry-level worker would have done two or three years ago.” Butler went further, saying in his view that much of this type of work has already been absorbed by AI tools. He connected that change to a shift he sees taking place in computer science, where entry-level roles have declined while experienced workers can use AI to increase what they can produce. “A senior developer now has access to essentially an unlimited amount of junior developers on demand,” Butler said. He was describing AI systems metaphorically, not literal employees. His point was that one experienced developer can now ask AI tools to produce code or other technical work that might previously have been assigned to more junior workers. That raises a broader question for universities and employers. If some of the simpler work traditionally given to newcomers can now be done by machines, how do people gain the experience needed to become senior workers themselves? Students doing work that once required years of programming Butler said he is already seeing the change inside his classroom. He created a Bishop’s course called CS208, Coding in Plain English, to show students — including those without traditional programming backgrounds — what they can accomplish using AI. Some come from disciplines such as psychology or neuroscience with no previous programming experience. “What I’m finding is that students who have zero programming experience, they come in from another discipline like psychology or neuroscience or something, they are now able to get up and running with real data sets,” Butler said. Butler’s own doctoral work involved neuroimaging, and he said he has assigned students work he considers comparable to the kinds of analysis he performed during his PhD. He described giving students a real dataset, an expected result and instructions to use AI to complete the analysis. Butler said those students have been able to carry out work at a level he associates with tasks he once performed after years of programming experience. That does not mean a student using AI instantly acquires the same knowledge as an experienced computer scientist. But Butler sees it as evidence that AI can dramatically lower the technical barrier between having a problem to solve and producing a working result. The role of the person using the system then changes. They need to know what to ask for, understand enough about the subject to judge the answer and take responsibility for what is ultimately produced. What about AI hallucinations? One persistent concern surrounding generative AI is hallucination — when a system produces information that sounds convincing but is false or unsupported. Butler said that problem has improved substantially in newer systems and is not as severe as it was with earlier models. He pointed in particular to newer AI systems’ ability to search the web, consult scientific databases and return source links rather than simply generating a citation from their internal model. Butler nevertheless said users should verify what AI produces. “You should verify,” he said while discussing citations generated with AI. His position is that hallucinations have become less common in the systems he uses, not that incorrect AI output is impossible. Human checking remains part of the process. Hours of work compressed Butler offered another example from his administrative work at Bishop’s. The university has been comparing CEGEP courses with first-year Bishop’s courses to determine where students may qualify for advanced standing. Traditionally, Butler said, that means reviewing two sets of course descriptions and manually matching one institution’s courses with another’s. As department chair, that could require hours of reading and comparison. He said AI can now be given both sets of material and asked to generate an initial mapping automatically. “It saves me hours and hours of work,” Butler said. Butler said the AI-generated mapping can also produce a better result than he would produce himself. He sees similar opportunities in businesses. A company may receive specifications, drawings, emails or other digital material from customers and then have employees convert that information into an internal format before anything can be manufactured or delivered. AI can increasingly perform parts of that intermediate processing. In Butler’s view, the employee does not necessarily disappear. Instead, the job becomes more about checking the result. “The human is still there,” he said. Judgement could become more valuable That change is central to Butler’s view of where digital work may be headed. If AI can produce a first draft, write basic code, compare documents or process large amounts of information, he argues that knowledge and judgement become increasingly important. “The real scarce resource going forward is going to be domain knowledge, expertise, and… credentials, authority, the ability to work with other people,” Butler said. He is therefore encouraging students not only to learn AI tools but also to broaden their education. He mentioned acting, fine art and photography as examples of courses that can help develop what he described as taste and intuition — the ability to recognize what is good, what is not and what should be changed. “And that’s the skill that they need now because the grunt work has been automated and now it’s about evaluating what the AI produces and telling it how to improve or expand the output,” Butler said. That does not remove the need for technical knowledge. Butler’s argument is that the emphasis may shift away from manually completing every step of a task and toward directing, checking and improving work produced with AI assistance. He also stressed that humans remain responsible for final decisions. “At the end of the day, the human has to make the final call,” Butler said, pointing to the question of accountability. Physical work may be different Butler draws a distinction between digital work and jobs requiring people to manipulate the physical world. He expects AI to continue advancing quickly in tasks performed almost entirely on computers. He is more cautious about claims that humanoid robots will soon be able to replace workers such as plumbers or electricians. Butler said those trades would not be replaced “anytime soon” in his view and described some current robotics demonstrations as overhyped. He described the situation as counterintuitive. “It’s almost like we solved the highest level first,” he said, contrasting advances in digital AI with the harder problem of building robots capable of operating reliably in the physical world. Butler’s argument is that some digital occupations could face automation sooner than trades requiring complex physical work. The wider AI shift in the Townships Butler’s comments come as local institutions are increasingly grappling with how AI should be used. The federal government recently announced up to $162 million over five years for 10,000 AI-related placements through Mitacs. The Université de Sherbrooke told The Pulse that the number of its collaborative research and innovation projects supported through Mitacs has approximately doubled since 2018-19, while the number of placements has approximately tripled. UdeS also said it already has projects involving both AI adoption and the application of AI to other fields. At Bishop’s, Butler said part of his role involves building the Computer Science department’s local presence, connecting students with regional partners and strengthening relationships with the Sherbrooke technology ecosystem. Those developments put universities in a difficult position. They have to prepare students to use the tools employers increasingly have available while also making sure graduates understand enough to recognize when those tools are wrong, incomplete or being applied to the wrong problem. The risk of losing human skills Butler does not see AI as risk-free. Later in the interview, he raised a separate concern: as AI becomes better at reading, writing, programming and other cognitive tasks, people could lose some of the underlying skills that historically helped produce new ideas. “The other danger is that we’re going to lose the human skills,” Butler said. He specifically mentioned reading and writing and argued that people could lose some of the lower-level understanding that contributes to breakthroughs. Butler said AI systems are based on existing human knowledge and argued that they become much more powerful when paired with a capable person. That tension runs through his view of the technology. AI can remove hours of routine work. It can allow beginners to perform tasks that once required substantial technical training. It can give experienced workers significant leverage. But the more capable the technology becomes, the more important it may be for people to develop the judgement needed to decide what should be done in the first place. For Butler, that is where education may have to change. Students still need to understand their field. They still need to know when something is wrong. And they still need to be able to make the final decision. But if AI increasingly handles the bottom of the cognitive pyramid, the value of a worker may depend less on how quickly they can perform the grunt work and more on whether they understand what the work is supposed to accomplish. Don’t miss the next story that affects your community. Join thousands of readers getting The Pulse every morning—plus breaking news alerts when it matters most. If you value this kind of local journalism, consider supporting it. Subscribe, share and like! Subscribe Share
Eagles Given Intriguing Prediction For Trade Deadline This Season
The Philadelphia Eagles were given an interesting prediction for the upcoming trade deadline.
Rangers Could Trade Eovaldi to Create Payroll Flexibility
Chris Young must weigh Nathan Eovaldi’s reliability against a looming $25 million salary as the Texas Rangers prioritize financial agility and roster youth after a tough year.
Why Astros lost 'brutal' three-team trade with Rays, Pirates
This trade didn't turn out well for the Astros.
Cardinals reportedly take stance on Marvin Harrison Jr. trade rumors
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Don’t trade your mental health to be the best
Columnist Sara Sayed emphasizes the importance of students taking advantage of mental health resources to manage academic stress.
Trump tried to make an ally out of fishermen. Some have started to turn on him
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Karl-Anthony Towns Opens Up About Near-Trade to Bucks
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Amid trade dispute, Canada continues business relationship with Washington state
Canada ambassador Mark Wiseman visited Seattle this week. He said his country wants the United States-Mexico-Canada Agreement implemented fairly.
Tencent Music Entertainment Group (NYSE:TME) Shifts To Hong Kong In Global Index Tracking
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Nets GM Marks Remaining Flexible With Trade Assets
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SupplySide Global Brings Together Ingredient and Supplement Ecosystem for Discovery, Education and Business Acceleration
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Feds probe Adam Kinzinger’s Kalshi bets on Biden pardons
Kinzinger allegedly made the trades in December 2024, betting that he would receive a pardon from then-President Joe Biden.
Science Lab: Joey Porter Jr. trade to Cowboys — the Great, the Good, the Hmm...
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Entertainment Stocks To Add to Your Watchlist
Warner Bros. Discovery, Walt Disney, Verizon Communications, Take-Two Interactive Software, and Spotify Technology are the five Entertainment stocks to watch today, according to MarketBeat's stock screener tool. Entertainment stocks are shares of publicly traded companies involved in producing, dis
Steelers updated mock draft after the Joey Porter Jr. trade
We've updated our three-round mock draft to include a replacement for recently traded cornerback Joey Porter Jr.
Henrico Business Watch: Business license filings Sept. 24-30, 2026
Henrico County reported the following business license filings with start dates during the week. The filings are listed alphabetically by business or trade name, followed by a registered address and business industry classification. Better Health Psychiatry PLLC, 8206 Reinland Drive, Henrico – Nurse and personal care. C Squared Creations LLC, 5407
Why Is AMC Stock Falling on Thursday?
AMC Entertainment stock trades lower Thursday due to broad market pressure and profit-taking following a recent price surge.
Israeli Politicians Trade Barbs Over FlyDubai Attack
Prime Minister Benjamin Netanyahu’s campaign for a coming election was already dominated by discussion of the policy, military and intelligence failures leading up to the Hamas-led attacks on Oct. 7, 2023.
Joey Porter Jr. Trade Gives Steelers Fresh Start
Former Pittsburgh Steelers head coach Mike Tomlin always said he wanted volunteers and not hostages. It turns out general manager Omar Khan and current head coach Mike McCarthy feel the same way with the Joey Porter Jr. trade news that broke just after 11:30 P.M. Wednesday. The Steelers acquired a 2028 2nd-round pick and a …
Former Penn State Star Cornerback Involved in Major NFL Move
The Pittsburgh Steelers traded former Penn State star Joey Porter Jr.
Lions Miss Out on Joey Porter Jr.
Joey Porter Jr. is officially off the market, but Lions fans shouldn’t panic. Brad Holmes passed on the blockbuster move, and Detroit may have a much bigger opportunity waiting before the trade deadline.
Weird Cowboys-Steelers connection grows deeper with Porter trade
The Cowboys and Steelers are supposed to be forever rivals, but they are now the NFL's new odd couple when it comes to recent trades.
Giants Made Right Decision in Joey Porter Jr. Sweepstakes
The New York Giants made the right decision not to trade for Joey Porter Jr.
In Hindsight, the Packers Should Have Never Traded Dontayvion Wicks
Jayden Reed’s devastating season-ending injury exposes a critical depth chart void, leaving the Green Bay Packers to rue an offseason trade that sent a potential rising star to Philadelphia.
Giants’ new QB won’t be the one starting Sunday
The Giants traded a 2027 fifth-round pick for J.J. McCarthy, pending a physical. John Harbaugh has already settled the question […]
Cowboys’ latest move brings Micah Parsons trade back into spotlight
The Green Bay Packers made a major move in August 2025, sending two first round picks and Kenny Clark to the Dallas Cowboys in exchange for Micah Parsons. Dallas continues to benefit from the pieces acquired in the Micah Parsons trade more than a year after the deal was completed. The Cowboys’ newest move now [...]
Executive Edge: MSG Sports to split Knicks and Rangers businesses into two publicly traded companies
MSG Sports is splitting Knicks and Rangers into two publicly traded companies.
Pittsburgh Steelers Trade Joey Porter for 2 Draft Picks
The Steelers are trading Joey Porter Jr. to Dallas for two draft picks after the Detroit Lions reportedly showed interest in the cornerback.
October is already fun, plus poll results
The Pulse Newsletter 📣 | This is The Athletic’s daily sports newsletter. Sign up here to receive The Pulse directly in your inbox. Good morning! Extend your series today. Coming up: ‼️ A WNBA playoff thriller 📈 Three MLB teams advance 🔁 Late-night NFL trade We are in the midst of a beautiful time, and not just because it’s officially October (more on that in a bit). This week, we get to enjoy a three-game-playoff-series bonanza, in which every game really, really matters. The MLB and WNBA postseasons started days ago; multiple teams are already heading to exit...
Giants-Vikings’ J.J. McCarthy Trade Sparks Candid Jameis Winston Take
The Minnesota Vikings decided to cut ties with J.J. McCarthy on Sept. 28, trading the former first-round pick to the New York Giants for a 2027 fifth-round pick after three seasons and only a handful of regular-season appearances. Moreover, the move gives McCarthy a fresh start in New York.For now, McCarthy will back up Jameis […] The post Giants-Vikings’ J.J. McCarthy Trade Sparks Candid Jameis Winston Take appeared first on HEAVY.
Ford CEO: AI needs people to fix the robots
Ford CEO Jim Farley says AI could change or eliminate some finance jobs while leaving skilled-trades work more insulated.
Tunica-Biloxi Tribe set to launch prediction market app with Kalshi
The app will allow customers to bet on real world events, such as weather forecasts, political races and Oscar winners through SaltTrade Derivatives, a new tribal business that harkens back to the Tunica-Biloxi’s history as salt traders.
2026 Trademark Cases Impacting The Entertainment Industry
This article summarizes 2026 trademark cases that impact the entertainment industry.
September Monthly Review: Health MCP Guy?
For all the time I spend talking about APIs and data exchange, this newsletter has had embarrassingly little interoperability of its own. It’s old-school SaaS, baby - UI or bust. Not all of that is my fault! Substack, for all its popularity, is (as mentioned before) really frustrating as my system of record. The primary user it optimizes towards is the reader, whose attention feeds the app, the Notes feed, and the recommendation network that Substack is actually selling. Health API Guy is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe They’re falling into the same trap that Medium once sprinted into, albeit at a much more glacial speed. Younger generations may not remember (or never knew) it, but Medium once lured publications like The Ringer and Signal v. Noise onto its platform, only to lose them as it rebuilt itself around a paywall and an algorithmic feed. Substack’s original pitch circa 2020 was the antidote (you own your list), but every new feed feature chips away at it. I get it: writers are generic supply in the eyes of the Substack product team. Generic supply follows demand, so the consistent pressure on the PMs is to generate demand, which leads to every product cycle going toward discovery (Notes, recommendations, the app, live video). The end result lackluster author tools (laggy and broken analytics are truly crippling) all despite the premium price point. The archive is where it crosses from authorial gripes to actual reader impact, though. Across Substack and LinkedIn, I’ve published 1,218 posts and nearly 900,000 words since 2018. Substack’s native search can see only the 464 posts that live on Substack, and even there it’s woefully inadequate at surfacing relevant content (even for the guy who wrote it)! Readers have the same problem, writ large. Ask the Archive Fixing search (for both my readers and my own use) turned out to be extremely non-trivial, unfortunately: There’s no public API for readers to access content RSS exists for new content notification, but it only carries the 20 most recent posts and cuts paid ones off at the preview The only Substack MCP is an admin tool for analytics The export exists for authors, but it’s painfully awkward and slow. So I built something to work around that: the Health API Guy MCP. It’s a private MCP server holding the full text of everything I’ve written across Substack and LinkedIn. Add it to Claude or ChatGPT as a connector and you can ask things like: It pairs keyword search (for acronyms and case names, of which we have many) with semantic search. Every post is also labeled by topic, form, and court case, so you can pull a lawsuit’s (or multiple cases’) entire docket across Substack and LinkedIn in one query: Hail, Healthapiguyhydra This is also a bit of me eating my own cooking. I’ve spent the year arguing that headless healthcare is arriving and that developers want primitives over abstractions. Last week in Hail, Benihydra, I watched Salesforce plug its platform into Claude and bet that the records underneath outlive whatever interface sits on top: Salesforce must believe that the Hydra’s immortal head is the records, permissions, and business logic (in that they will survive whatever happens to the interface). It felt a bit hypocritical to keep my own archive behind a Substack search bar. The archive is the body. Substack is one head, and now whatever tool you might use is another. Will the EHRs follow my lead? Probably not imminently, but one can hope! Why Founding Members Only The MCP is available to Founding Member subscribers. A few reasons: It costs money and time to run. Hosting, the database, Clerk usage and AI compute for search and labeling are significant operational costs (that increase with usage). Substack gives me no way to automate access. There’s no API to check whether someone is a paid subscriber, so every user is manual operations for now. It’s a beta. We’ll need to improve things and parts will break. I’d rather they break for a small group of dedicated readers who will tell me about it. The Founding tier deserved a real benefit. Until now it was mostly a generous tip. Now it comes with something. If you’re already a Founding Member, reply to this email with the address you’d like provisioned. If you’re not and want in, upgrade here. Larger teams (such as companies) can get access too: group subscriptions at the Founding tier come with the group discount. The admin for the subscription can reply with the list of addresses to provision. Get 20% off a group subscription Pricing Founding membership is now a flat $200 a year, replacing the old suggested $150 that readers could adjust. Existing Founding Members will have access grandfathered in at their previous rate. Month in Review Articles Published Make Networks Dumb Again (Sep 11): AI is making old analog networks cheaper to use and flooding them with machine traffic in the process. A plea for agent-native rails with the intelligence at the endpoints, and for Washington to drag them to ubiquity. Interoperability, Unbuttoned (Sep 29): Interoperability is a series of workflows in a trenchcoat, and this post finally takes the trenchcoat off. A color-coded map shows which provider workflows went digital, which are fragmented, and which still run on fax. Video Content Antitrust’s System of Record Problem (Sep 3): The FTC’s investigation into Epic prompted a ninety-minute webinar, now posted with chapters and a smoothed transcript. We get into why market definition, missing B2B share data, and the SSNIP test leave antitrust poorly suited to systems of record, plus why information blocking may be doing more than any pending lawsuit. The Information Exchange: Cerner Milking Edition (Sep 18): This was so fucking fun. Ryan Tucker, Ryan Brickner, Brad Thorson, and I try an Around the Horn format, complete with points, penalties, and a mute button. We debate whether Oracle Health is dead, who would actually buy Cerner (IBM enters the chat), p(Doom), and why the front desk still hands you a clipboard. Regulatory Ask Not What Your Network Can Do (Sep 23): CDC’s RFI on public health data intermediaries lists use cases already served, unevenly, by eCR, lab reporting, IZ Gateway, and syndromic surveillance. The real opportunity sits in one question about AI: a network that can handle the next emergency without another interface project. Court cases Particle v. Epic: The Naughty Schoolteacher (Sep 4): After a summer-long vigil, the answer on Epic’s early summary judgment bid is two paragraphs and a remedial assignment. Particle advances to the next grade, and market definition gets another year of discovery. The Epic Discovery Files (Sep 8): Texas’s motions to compel arrive with a 251-page appendix of requests, objections, and meet-and-confer letters with Cravath. Inside: Epic using generative AI for document review, denied interoperability requests in scope, and Noerr-Pennington raised against lobbying discovery. Epic v. Health Gorilla: “Working as Designed” (Sep 9): Epic wants nothing to do with the data breach MDL, and explaining why puts fresh discovery on the public docket. The spiciest allegation: Health Gorilla told GuardDog to scrub its law firm business from its website instead of cutting off access. Veeva v. Epic: Legal Bypass Surgery (Sep 15): Veeva asks the Wisconsin Supreme Court to skip the Court of Appeals, while law professors and three policy groups line up as amici. Meanwhile, Epic’s lawyers apologize for another round of citation errors, including a quote that never existed. Texas v. Epic: Behind the Black Bars (Sep 17): The court portal served up Epic’s unredacted filings, revealing a $5 million document review budget and the AI workflow behind it. Also inside: the 200-plus company names Texas wants searched, and one very expensive Zoom invitation. OpenEvidence v. Doximity: Consequences Will Follow (Sep 25): OpenEvidence tells the court it will not comply with a discovery order, and its own lawyers at Quinn Emanuel say they won’t defend the choice. Add years of Slack reported unrecoverable, and Rule 37 sanctions come into view. Health Tech Keeps Choosing Violence (Sep 28): Doximity moves to end OpenEvidence’s case, Epic asks Texas to show its work, and a sleepy Audacious Inquiry patent fight sprouts antitrust and information blocking counterclaims. The main event is a long-sealed Cognizant v. Infosys ruling that hints where system of record antitrust claims can survive. EHRs One Verb for Oracle Health (Sep 14): Oracle’s earnings call quantifies every data center to the decimal point, while Oracle Health gets a single verb: “accelerate.” Panning the few healthcare mentions turns up an agentic care management system, a research-to-care ledger play, and the question of whether healthcare gets Larry’s patience. Epic’s Forretress Under Siege (Sep 30): Judy Faulkner tells a panel Epic paused hundreds of projects to harden its software and calls it a “shame,” while a spokesperson insists the roadmap hasn’t changed. Project Glasswing, a Pokémon-branded QAN sprint, and a trove of Jodel grievances reconcile the two Epics and preview the Jevons paradox coming for all software. Industry Analysis Scanning for a Network (Sep 1): Scan.com raises $220M to build the imaging network labs never got, speedrunning Zocdoc’s consumer-to-B2B pivot. Its wedge to network density may be the most American one available: personal injury litigation. The Front Desk Wants the Damn Whole Building (Sep 16): Hello Patient buys Converse Health, pushing its AI front desk into referrals, chart work, and prior auth. The copilot categories keep blurring, and your distribution partner is still your final boss. Cross-industry Comparisons A Different Patchwork Quilt (Sep 10): Healthcare loves to envy open banking, but the US version has no mandate, a toll booth at Chase, and data quality problems of its own. The grass isn’t greener; it’s another American patchwork quilt, and perhaps a worse one. Hail, Benihydra (Sep 21): Salesforce brings its platform into Claude, Slack, and its own agent, inviting the interfaces that might replace it. Cut off one head and more grow back, so long as the records underneath stay put. Living on A Trade Secret Prayer (Sep 22): Six credit unions are suing Fiserv, the Epic of core banking, by claiming their own member records as trade secrets. Banking has no Cures Act, so its lawyers reach for legal alchemy that healthcare has already tried. Other News None this month External Media Nabla Accelerate NYC: I kicked off fall conference season at Nabla’s Accelerate event in New York, where Delphine Groll opened by asking the room to picture the company it wants to become and the one it doesn’t. I liked her framework of bureaucracy, fear, and ego as the blockers. I also love vendor conferences/events in general - different vibe than industry biggies. Healthcare 101 with Nikhil Krishnan: I briefly guest lectured Out-Of-Pocket’s Healthcare 101 class. Appreciated Nikhil’s takeaways cover whether AI doctors can query HIEs, why healthcare’s data-liberation rules beat most industries’, and the hi-res graphic is in the comments. HCN: Epic Probed by the FTC: I joined the HCN guys to talk through the FTC’s investigation into Epic. Cedric’s new hairdo was an unexpected plot twist. The episode also covers MFN drug pricing, healthcare M&A and Eli Lilly’s acquisition streak. Fall Conferences: At eHealth Exchange’s Annual Meeting in Austin on Oct 27, I’ll moderate a panel on the tensions between AI, HIEs, and timely patient access with Jean Ross (Primary Record), Therasa Bell (Kno2), Byron Crowe (Doctronic), and Michael Marchant (Freenome). Here’s the rest of my schedule if you want to meet up: CommonWell (Redwood Shores, CA): Oct 13-14 Will be participating in a fun Jeopardy event Open@Epic (Madison, WI): Oct 20-23 Will be enjoying Verona, Willy Street, and other local adventures eHealth Exchange and Sequoia Project (Austin, TX): Oct 27-29 Yeehaw HLTH (Vegas): Nov 15-18 Groundhog Day, Venetian Edition RSNA (Chicago): Nov 30-Dec 2 See me at “Governing AI in Breast Imaging: What Health Systems Are Actually Doing” Digital Health Counsel 2026 AI Summit (Seattle): December 2-3 Will likely be speaking to a bunch of lawyers about information blocking Posts I Liked ChatGPT’s Epic integration: game changer or nothing burger?: Joshua Liu, MD offers five thoughts on OpenAI’s Epic launch, starting from the point that it rides the same open APIs available to anyone. He argues read-only access leaves ordering to Art and the ambient startups, and asks why HCA is piloting it alongside Commure. He’s sorta a must-follow at this point - consistently excellent, thought-provoking takes. Epic, Lilly, and the Discovery pass: Seth Chaney reads Epic’s first major Discovery deal (with Eli Lilly), as well as its revised developer terms on commercial displays, as the pipe finally opening between EHRs and pharma. Life sciences and health continue to collide. Scott Rossignol on EHR payer platforms and ePA fees: Scott argues the top ambulatory EHR vendors are turning the prior auth mandate into a per-member-per-year toll on payers, for an API whose operating cost has nothing to do with covered lives. His fix is two lines of regulatory text: put the CRD/DTR/PAS certification criteria in the Base EHR definition, and bring payer-facing ePA connectivity under § 170.404’s cost-based fee rules. It’s a good solution. Health API Guy is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
7 Takeaways From an Investigation Into Financial Aid at Texas Hospitals
Hospitals can prevent medical debt by preemptively wiping out a patient’s bill. But a Tradeoffs analysis finds that few nonprofit facilities in Texas use this tool to the maximum benefit of patients.
Who won Joey Porter Jr. trade? Grading deal between Cowboys, Steelers
Steelers trade Joey Porter Jr. to Dallas Cowboys
PITTSBURGH (BLACK AND GOLD NATION) — The end to an ongoing story has finally arrived between the Pittsburgh Steelers and defensive back Joey Porter Jr. The team has traded Porter Jr. to the Dallas Cowboys for a 2027 sixth-round pick and a 2028 second-round pick. This marks the second trade the two teams have made […]
Steelers’ Joey Porter Jr. Saga Ends With Trade to Cowboys
Pittsburgh Steelers star cornerback Joey Porter Jr. is heading to the Dallas Cowboys in a trade.
Candidates trade barbs during CA gov debate
CNN’s Jake Tapper and Dana Bash moderated a debate between California gubernatorial candidates Democrat Xavier Becerra and Republican Steve Hilton.
Trajan Langdon Sets His Price for Trading Pistons Picks
Trajan Langdon laid out exactly what it will take for Detroit to trade its draft picks. #Pistons
49ers Emerge as Potential Trade Destination for Cardinals Veteran
The San Francisco 49ers need pass-rush help after losing Nick Bosa for multiple weeks to a calf injury. Even before losing him, the Niners likely still needed help, since Bosa is their only reliable edge rusher. San Francisco did sign veteran defensive end Matthew Judon to the practice squad. Nonetheless, the Niners are rolling the […] The post 49ers Emerge as Potential Trade Destination for Cardinals Veteran appeared first on HEAVY.
Kristaps Porzingis Health Issue Should Have Warriors Making New Trade Plan
Kristaps Porzingis is out for training camp with a health issue, which reinforces that illness-related absences are essentially impossible to control. Even if
Looking at the Ugly Side of the Paramount-Skydance Merger...And How I’d Fix It
A Message from Our Sponsor Certified Fresh with 100% on Rotten Tomatoes, FX’s Adults is an ensemble comedy series about a group of twenty-somethings in New York leaning on each other to navigate love, work, friendship and family. Don’t sleep on “The Sitcom of the Moment” - Awards Buzz All Episodes now streaming on Hulu on Disney+. Watch The Teaser Trailer... (Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industr(Welcome to the “Most Important Story of the Week”, my bi-weekly strategy column analyzing the most important (but often not buzziest) news story of the last two weeks. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. Please subscribe.) Before we dive in, I wanted to congratulate Broadcast Now for being the first to report that Netflix’s How to Get to Heaven from Belfast has been cancelled. (I saw this in a write-up by Kasey Moore of Whats-On-Netflix.) More importantly, I wanted to note that, as of yesterday, none of the other trades had reported the news yet. I have half a guess that eventually one of them will report this. Anyways, it’s time to take a break from my deluge of streaming ratings reports to continue my analysis of the Paramount Skydance Warner Bros. Discovery (PSWbD) saga. As I noted last week, a lot of times when folks use the (sometimes cliched) “the good, the bad and the ugly” framing for an article, “the ugly” section is just more bad. Or very, very bad. In this case, yeah, I do think it’s ugly. In more than one way. Unfortunately, we’re only going to have time to tackle one of those ways today: the ugly pile of debt to finance this deal. (In a future article, I may cover the entire process for how it went down, which was very, very ugly.) Last issue, I explained why I liked this deal in a vacuum. Unfortunately, “vacuums” don’t exist outside of space. Let’s dive in. Subscribe Most Important Story of the Week - The Ugliness of the Paramount/Warner Bros. Merger More than one person sent me a note speculating that the big problem with Paramount Skydance buying Warner Bros. Discovery is the “Warner Bros.” portion of the deal. In fact, that’s a take I read a lot about Warner Bros., ever since they caught Netflix’s, and then Paramount-Skydance’s, eye. In short, multiple companies (Time, AOL, AT&T, Discovery) have bought and then regretted buying Warner Bros. Since it’s nearing Halloween, you could almost say it’s like the folks think WB is cursed! It’s a haunted studio—like the town of Derry in movie studio form—and whoever takes possession of it will fall into misery! Yet...I just don’t like that story, because it doesn’t explain the “why” behind why those deals fell through. Especially when Warner Bros. has continued to succeed as a TV and film studio in the intervening two decades. Lord of the Rings? Harry Potter? Game of Thrones? Everything HBO? Considering it never fully owned a broadcast TV channel, this media company has done pretty well. So what went wrong? Well, in recent years, companies bought Warner Bros. instead of the other, smarter option. Explaining POCD (And Applying It to Mergers & Acquisitions) As I explained last issue, one of my favorite frameworks is the POCD tool for evaluating venture capital investments: People Opportunity Context Deal The bar to invest as a VC is high. (Or I might say “was” since cheap interest rates made life easier last decade.) You review a thousand prospectuses, get pitched by a hundred, and invest in the ten best, with the hopes that one of those ten would pay for the rest. That means every element of a deal needed to pay off: you needed the right people running the companies, who could capitalize on the right opportunity, in the context of an industry that was ripe for disruption. If you could then not overpay, you could make some money in a smart deal. The analogy isn’t perfect here, but close enough. For a merger or acquisition to work, you need the combined company (which is the opportunity) to make more than the price you need to pay (which is the deal). Note: the people and context still matter, but with M&A, it’s a little more straightforward: does the opportunity exceed the cost? And usually with Warner Bros., it hasn’t. If you want to find out the single biggest mistake made by the Warner Bros. suitors over the last few years (and my simple fix) become a paid subscriber. I’ll also touch on who I think Paramount-Skydance could (shockingly) consider buying next, TBD, and more. Sign up here.
MSG Sports Approves Spinoff of Rangers Business From Knicks
The Knicks and Rangers will trade as individual stocks by the end of the month. Their combined revenue for the latest 12 months was $1.15 billion.
WATCH: Trump announces $54 billion South Korean investment in Alaska natural gas pipeline
The investment marks the second time this week that the Republican president has sought to highlight the promise of foreign investment made possible by his administration's trade policy in states where Republican Senate candidates are in tight election campaigns.
NFL Trade Pitch Ships Patriots ‘Vertical Threat’ WR
Bleacher Report's Kristopher Knox named the New England Patriots a potential suitor for Los Angeles Chargers wide receiver Quentin Johnston. The post NFL Trade Pitch Ships Patriots ‘Vertical Threat’ WR appeared first on HEAVY.
Giants Urged to Trade Draft Pick for Dolphins Edge Rusher
Bleacher Report predicts the New York Giants could trade draft pick for Dolphins edge rusher. The post Giants Urged to Trade Draft Pick for Dolphins Edge Rusher appeared first on HEAVY.
Mike Rowe on America’s great tradesperson shortage: ‘I don’t care what your politics are. Math doesn’t care, either’
At Ford Pro Accelerate, Rowe sparred with Education Secretary Linda McMahon and Defense's Mike Duffy about the divide between college and the trades.
Ansonia FFA Attends Farm Science Review
LONDON, Ohio - On Tuesday, September 22nd, Ansonia FFA members had the opportunity to attend the annual agricultural trade show hosted by The Ohio State
Best Entertainment Stocks To Add to Your Watchlist
Warner Bros. Discovery, Walt Disney, Roblox, Verizon Communications, and Spotify Technology are the five Entertainment stocks to watch today, according to MarketBeat's stock screener tool. Entertainment stocks are shares of publicly traded companies involved in producing, distributing, or deliverin
Des Moines welding teacher wins $75,000 prize
Chad Donahue, a welding teacher at Des Moines schools’ Central Campus, has been named a winner of the 2026 Harbor Freight Tools for Schools Prize for Teaching Excellence, earning $75,000 for the school’s welding program. Donahue is one of 25 public high school skilled trades teachers nationwide selected for the honor and one of two…
How Giants are adjusting to J.J. McCarthy trade
J.J. McCarthy has joined the Giants, and both he and the players on offense will have to get used to each other.
Trump to unveil $54 billion in South Korean investment in Alaska
The Alaska investment comes from pledges made as part of a 2025 trade deal with South Korea
Trump to unveil $54 billion in South Korean investment in Alaska
The Alaska investment comes from pledges made as part of a 2025 trade deal with South Korea
Trump to unveil $54 billion in South Korean investment in Alaska
The Alaska investment comes from pledges made as part of a 2025 trade deal with South Korea