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Nintendo hit with €35 million fine over Switch Joy-Con drift

Following a French investigation the Directorate General for Competition, Consumer Affairs and Fraud Control (DGCCRF), Nintendo will be forced to pay €35 million over Switch Joy-Con drift. This all started following a complaint from UFC-Que Choisir in September 2020. The National Investigation Service (SNE) of the DGCCRF determined that Nintendo of Europe had committed a misleading commercial practice from 2018...

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Jun 8 • 9:06 AM EDT • Technology • nintendoeverything.com
First Business Bank Funds $25MM Asset-Based Credit Facility for Nut Processing Company Refinancing

First Business Bank’s asset-based lending team closed a $25 million asset-based credit facility, consisting of a revolving line of credit and real estate term

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Jun 8 • 1:34 AM EDT • Business • abfjournal.com
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Haleon to Invest $233.5 Million in India Plant Amid Push Into Emerging Markets

The facility to make oral-health products in Madhya Pradesh is the largest plant the company has taken on.

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Jun 8 • 1:24 AM EDT • Business • wsj.com
Stamford Health plans new cancer center, behavioral health facility

Construction is set to start in 2027, with estimated costs around $275 million.

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Jun 7 • 5:00 AM EDT • Health • ctinsider.com
Backfire News Weekly Recap: June 4–6, 2026

It was a packed week on Backfire News, with coverage spanning Formula 1, NASCAR history, truck culture, collector cars, and a few somber losses across the racing world. Thirteen posts went live between June 4 and June 6, 2026. Here is the full rundown. Formula 1 in the Spotlight F1 dominated the week. A feature on the Monaco Grand Prix experience explored why the street circuit remains the sport's most iconic and unusual weekend, while a look at a $75 million superyacht captured the glamour that

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Jun 6 • 4:52 PM EDT • Sports • sports.yahoo.com
Plans advance for science center transformation

Plans to transform the former St. Petersburg Science Center at 7701 22nd Ave. N. into a $25 million Artificial Intelligence Center of Excellence cleared a key milestone as the St.

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Jun 6 • 3:35 PM EDT • Science • stpetecatalyst.com
Distribution center in north Lafayette sells for $15 million

Dallas-based Republic National Distributing Co. sold the 200,000-square-foot warehouse at 210 Distribution Drive.

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Jun 6 • 8:50 AM EDT • Business • theadvocate.com
Buffalo's Jericho Road Community Health Center on the frontlines of Ebola crisis in Congo

There are roughly 17 pallets with $2.5 million dollars in supplies on route to Congo to be received and distributed by Jericho Road.

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Jun 5 • 8:46 AM EDT • Health • wxxinews.org
Virginia Tech, James Franklin Get $75 Million Donor Boost

Virginia Tech is set to receive a $75 million donation, and James Franklin's football program stands to benefit from it.

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Jun 5 • 12:19 AM EDT • Sports • sports.yahoo.com
Melinda French Gates donates $215 million to improve women's health worldwide

Philanthropist Melinda French Gates will expand her giving to improve women’s health globally, pledging another $215 million to support contraceptive access

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Jun 4 • 3:28 PM EDT • Health • komonews.com
Melinda French Gates donates $215 million to improve women's health worldwide

The new funding pushes Melinda French Gates' donations for women's health over $600 million in the past two years.

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Jun 4 • 1:56 PM EDT • Health • abc7ny.com
Christian Watson's new $110.5 million deal shows how much Packers believe in his ceiling

The Packers just gave Christian Watson a huge contract, and here's why.

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Jun 4 • 12:54 PM EDT • Sports • cbssports.com
Melinda French Gates pledges $215M to advance women’s health worldwide

Melinda French Gates will expand her giving to improve women’s health globally, pledging another $215 million.

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Jun 4 • 11:54 AM EDT • Health • fox5atlanta.com
Melinda Gates pledges another $215 million to improve women's health around the world

In the past two years, the philanthropist's donations for women's health have exceeded $600 million.

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Jun 4 • 9:33 AM EDT • Health • fastcompany.com
Melinda French Gates invests $215 million in health. Inside her surprising choice

Melinda French Gates is giving $215 million to improve women’s health. Her first-ever grant to benefit menopause and women in midlife.

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Jun 4 • 7:22 AM EDT • Health • usatoday.com
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National Science Foundation grant puts Chicago at the center of an expanding water economy

A $45 million National Science Foundation grant will help nonprofit Current expand a Great Lakes program to turn wastewater into useful economic resources.

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Jun 4 • 7:00 AM EDT • Science • chicagobusiness.com
ComEd announces $2.5 million small business relief fund as supply prices rise again this summer

ComEd on Thursday announced a new $2.5 million customer relief fund for Chicago-area small businesses.

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Jun 4 • 6:00 AM EDT • Business • chicagotribune.com
Melinda French Gates donates $215 million to improve women’s health worldwide

The new funding announced Thursday pushes French Gates’ donations for women’s health over $600 million in the past two years.

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Jun 4 • 5:23 AM EDT • Health • bostonglobe.com
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Melinda French Gates donates $215 million to improve women's health worldwide

Melinda French Gates is expanding her efforts to improve women's health worldwide, pledging $215 million for contraceptive access and maternal care, as well as initiatives for middle-age women

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Jun 4 • 5:18 AM EDT • Health • abcnews.com
Melinda French Gates Is Donating $215 Million to Women’s Health
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Jun 4 • 5:00 AM EDT • Health • time.com
Unsafe food causes 866 million illnesses and 1.5 million deaths annually, young children at highest risk

Children aged less than five years face almost three times the risk of illness from unsafe food than older children and adults, according to new estimates released today by the World Health Organization (WHO).

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Jun 3 • 8:00 PM EDT • Health • who.int
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MacBook Neo is So Popular That Apple Reportedly Doubled Production

On an earnings call in late April, Apple's CEO Tim Cook said that customer response to the MacBook Neo was "off the charts," and the popularity of the laptop has reportedly led the company to significantly boost production. Apple supply chain analyst Ming-Chi Kuo this week said he believes that MacBook Neo shipments to Apple were doubled from an initial target of 5 million units to 10 million units in 2026 at some point after the laptop launched in March.

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Jun 3 • 12:24 PM EDT • Technology • macrumors.com
AI Startup Collate Raises $95 Million To Automate Life Sciences Paperwork

In this week’s edition of InnovationRx, we look at breakthroughs from ASCO, Harrison.ai's U.S. expansion, Clear's move into healthcare and more.

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Jun 3 • 12:00 PM EDT • Science • forbes.com
Pat Surtain comments on $5 million raise from Broncos

"It's a testament to ownership and the Broncos as an organization," Pat Surtain said after receiving a $5 million raise.

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Jun 3 • 11:00 AM EDT • Sports • sports.yahoo.com
Evoke Entertainment Secures $35 Million Production Financing Facility to Accelerate Expanding Film & Television Slate

Institutional capital partnership strengthens independent studio's ability to finance and produce content across film, television, and streaming platforms Stan Spry CEO Stan Spry, CEO Evoke Entertainment LOS ANGELES, June 03, 2026 (GLOBE NEWSWIRE) -- Evoke Entertainment has secured a senior secured production financing facility of up to $35 million backed by a leading institutional private credit fund with extensive experience in media, entertainment, and asset-based lending.The revolving produc

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Jun 3 • 9:00 AM EDT • Entertainment • finance.yahoo.com
Alex Scott: Bournemouth’s asking price revealed

Manchester United have already agreed their first deal of the summer, with more in the pipeline.The Red Devils have agreed to pay an initial £35 million to Atalanta for Ederson, with INEOS keen to si...

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Jun 3 • 1:10 AM EDT • Sports • sports.yahoo.com
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A Look At AMC Entertainment Holdings (AMC) Valuation As May Attendance Hits Highest Level Since 2019

AMC Entertainment Holdings (AMC) is back in focus after reporting its highest May attendance since 2019, with 25.5 million guests, along with a stock rally tied to recent blockbuster releases and revenue diversification efforts. See our latest analysis for AMC Entertainment Holdings. Recent box office wins and revenue experiments have coincided with a sharp 90 day share price return of 75.42% and a 30 day share price return of 42.76%, although the 1 year total shareholder return is still down...

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Jun 2 • 8:15 PM EDT • Entertainment • finance.yahoo.com
Ederson: What fans can expect from Brazilian dynamo

Manchester United have agreed their first signing of the summer.Both David Ornstein and Fabrizio Romano have confirmed that the Red Devils have agreed an initial £35 million deal for the Brazilian.At...

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Jun 2 • 6:15 PM EDT • Sports • sports.yahoo.com
Warriors get $15 million LeBron James free agent update

The Golden State Warriors should feel more confident about their chances of landing a Los Angeles Lakers aging star this summer.

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Jun 2 • 5:10 PM EDT • Sports • sports.yahoo.com
Why AMC Entertainment Holdings (AMC) Is Up 40.4% After Record May Attendance and Stronger EBITDA

AMC Entertainment reported its highest May attendance since 2019, drawing about 25.5 million guests worldwide and supporting its strongest first-quarter adjusted EBITDA since 2019, helped by hit releases such as “Backrooms,” “The Mandalorian and Grogu,” and “The Devil Wears Prada 2.” Management is pairing this renewed box-office strength with higher-margin food, merchandise and new concert offerings, signaling a push to lift revenue per guest and diversify beyond traditional ticket...

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Jun 2 • 3:14 PM EDT • Entertainment • finance.yahoo.com
OpenAI distances itself from cofounder Brockman's political donations

Greg Brockman and his wife donated $25 million to a pro-AI political network — and OpenAI says the company has nothing to do with it.

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Jun 2 • 4:04 AM EDT • Business • businessinsider.com
OpenAI distances itself from cofounder Brockman's political donations

Greg Brockman and his wife donated $25 million to a pro-AI political network — and OpenAI says the company has nothing to do with it.

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Jun 2 • 4:04 AM EDT • Politics • businessinsider.com
Stock Market Today, June 1: AMC Entertainment Surges After Reporting 25.5 Million May Moviegoers

On June 1, 2026, surging moviegoer traffic and record May attendance put this embattled theater chain back in focus for investors.

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Jun 1 • 5:16 PM EDT • Entertainment • fool.com
Unnecessary care? OIG questions vascular procedures billed by surgeons, cardiologists and radiologists

The Trump administration believes Medicare paid up to $105 million for questionable vascular procedures in 2023 alone. No accusations have been made at this time, but the government believes 139 different physicians deserve "further scrutiny."

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Jun 1 • 5:02 PM EDT • Business • cardiovascularbusiness.com
AMC Entertainment Records Its Highest Domestic and Global May Attendance Since 2019

AMC Entertainment welcomed more than 4.2 million moviegoers to its U.S. AMC Theatres and internationally at its ODEON Cinemas this past weekend, from Thursday through Sunday. Combined with totals from prior weeks, AMC saw 25.5 million guests at their domestic and global locations in the month of May, making the month the highest-attended month of […]

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Jun 1 • 11:47 AM EDT • Entertainment • boxofficepro.com
AMC Stock Pops as Blockbuster Sequels and Horror Hits Drive Big Attendance Numbers

AMC Entertainment stock soars after the movie theater operator announced 25.5 million people attended the theater last month, the strongest May attendance since before the Covid-19 pandemic.

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Jun 1 • 10:58 AM EDT • Entertainment • barrons.com
Qdoba completes $435 million whole business securitization

The capital will be used to support the fast-casual Mexican chain’s continued expansion

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Jun 1 • 9:37 AM EDT • Business • nrn.com
AMC Entertainment Records Its Highest Domestic and Global May Attendance Since 2019

LEAWOOD, Kan., June 01, 2026--AMC Entertainment (NYSE: AMC), the largest theatrical exhibitor in the United States and the world, welcomed more than 4.2 million moviegoers to its U.S. AMC Theatres and internationally at its ODEON Cinemas this past weekend, from Thursday through Sunday. After yet another strong weekend at the box office in May, both domestically and globally AMC Entertainment received 25.5 million guests at our theatres, recording the highest-attended month of May since 2019.

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Jun 1 • 8:00 AM EDT • Entertainment • finance.yahoo.com
Former St. Pete Science Center to become AI and startup campus

Plans for a $25 million redevelopment would transform the former St. Pete Science Center into an AI and startup campus.

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Jun 1 • 8:00 AM EDT • Science • tbbwmag.com
Direct Relief Invests $5 Million to Keep Florida Health Centers Powered During Hurricanes

Direct Relief announced today a more than $5.2 million investment in resilient power infrastructure across Florida, helping community health centers remain operational during hurricanes, flooding, …

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Jun 1 • 6:37 AM EDT • Health • directrelief.org
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AMC Entertainment Records Its Highest Domestic and Global May Attendance Since 2019

More Than 25 Million Moviegoers Attend AMC Theatres and ODEON Cinemas in the month of May 2026, the highest May attendance since 2019 More Than…...

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Jun 1 • 4:00 AM EDT • Entertainment • investor.amctheatres.com
‘Purely politics’: Row over Zohran Mamdani’s new communications office costing $5 million

New York City mayor Zohran Mamdani’s new communications office is facing backlash after budget documents revealed it could cost taxpayers more than $5.2 million in salaries. Critics are calling the spending “morally incomprehensible”.

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May 31 • 10:29 AM EDT • Politics • timesofindia.indiatimes.com
Lowell business owner admits to hiding $6 million in payroll, avoiding taxes

BOSTON — A Lowell employment agency owner has pleaded guilty to running a years‑long scheme that hid more than $6 million in payroll, allowing him to avoid paying over $1.5 million in federal employment taxes and secure cut‑rate worke…

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May 30 • 1:08 PM EDT • Business • lowellsun.com
Evoke Entertainment Closes $35 Million Production Financing Facility

Evoke Entertainment has closed a senior secured production financing facility of up to $35 million with an eye toward expanding its film & TV output.

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May 29 • 4:13 PM EDT • Entertainment • deadline.com
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Shapiro touts $30 million to ease traffic around South Philly Sports Complex

A $15 million on-ramp to I-76 will open in 2028, helping fans avoid getting stuck in gameday traffic.

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May 29 • 1:28 PM EDT • Sports • billypenn.com
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Giants’ Rafael Devers Makes Agency Change After Trade Report

The San Francisco Giants slugger has more than $225 million remaining on a blockbuster contract signed with the Boston Red Sox.

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May 29 • 7:00 AM EDT • Sports • sports.yahoo.com
Women make up 53% of science & technology ranks

In 2025, more than 81.6 million people in the EU aged 15 to 74 were employed in science and technology, a 1.8% increase from 2024 (corresponding to 1.5 million of people) and a rise of 25.3% over the last decade. Of the 81.6 million people, 52.5% were women (42.8 million), working mainly in service activities. Their share increased by 2.3% compared with 2024 and by an impressive 27.9% compared with 2015, corresponding to an absolute increase of more than 9.3 million women in science and technology...

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May 29 • 5:00 AM EDT • Science • ec.europa.eu
CAMC Foundation announces $5 Million gift for Vandalia Health Neuroscience Institute

The new facility is expected to open in Fall 2027

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May 28 • 8:18 PM EDT • Health • wvmetronews.com
M&T Bank Stadium renovations add entertainment district

A $435 million renovation at M&T Bank Stadium will introduce an entertainment district, expanded concourse and upgraded amenities.

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May 28 • 5:34 PM EDT • Entertainment • wbaltv.com
Rochester to receive $20M in aid as part of state budget

It's part of a $135 million package of additional funding, on top of Gov. Kathy Hochul's original budget proposal, to help distressed cities across the state.

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May 28 • 11:04 AM EDT • Politics • spectrumlocalnews.com
Heastie: State budget includes additional funding for Buffalo

State Assembly Speaker Carl Heastie said at least $55 million is coming to Buffalo, including $30 million in Temporary Municipal Assistance.

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May 28 • 8:32 AM EDT • Politics • spectrumlocalnews.com
CVS Health to Deliver Faster, More Personalized Call Center Care for Millions of Members with Salesforce's Agentforce Health

/PRNewswire/ -- Salesforce (NYSE: CRM), the world's #1 AI CRM, and CVS Health (NYSE: CVS), a leading health care solutions company which serves 185 million...

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May 28 • 7:30 AM EDT • Health • prnewswire.com
A New York cemetery was hiding 5.5 million bees underground

A casual walk through an Ithaca cemetery led to the discovery of a gigantic hidden bee population — roughly 5.5 million ground-nesting bees packed beneath the soil. Scientists believe it may be one of the largest bee aggregations ever documented and say the insects are crucial pollinators for apple orchards and other crops. The bees have likely lived there for more than 100 years, thriving in the cemetery’s undisturbed sandy soil.

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May 27 • 8:00 PM EDT • Science • sciencedaily.com
QDOBA Completes $435 Million Whole Business Securitization to Support Continued Momentum

QDOBA Restaurant Corporation (“QDOBA”), the second largest fast-casual Mexican restaurant brand and portfolio company of Butterfly Equity (“Butterfly”), toda...

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May 27 • 9:00 AM EDT • Business • businesswire.com
Chargers make key $75 million decision on All-Pro

This is a key piece now signed, sealed, and delivered.

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May 26 • 7:26 PM EDT • Sports • sports.yahoo.com
Millions of AI agents imperiled by critical vulnerability in open source package

BadHost" was found in Starlette, a package with 325 million weekly downloads.

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May 26 • 3:50 PM EDT • Technology • arstechnica.com
$5M in Funding Still Available for NJEDA’s Cannabis Business Development Grant Program

TRENTON, N.J. (May 26, 2026) – The New Jersey Economic Development Authority (NJEDA) today announced that approximately $5 million in funding is still available for the Cannabis Business Development (CBD) Grant Program.

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May 26 • 12:27 PM EDT • Business • njeda.gov
Banner Health report shows Arizona research driving national medical innovation

Milestones in Research details 1,300 clinical and translational research studies, FDA-approved heart device, landmark Alzheimer's prevention work Dr Wilber Su Wilber Su, MD, cardiologist for Banner Health, in the operating room. Phoenix, May 26, 2026 (GLOBE NEWSWIRE) -- Banner Health's $80.5 million research enterprise delivered breakthrough treatments to Arizona patients in 2025 while advancing wide-ranging therapies toward FDA approval, according to the organization's annual Milestones in Rese

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May 26 • 11:00 AM EDT • Health • finance.yahoo.com
Dayton Business Journal: Wright State, Premier Health secure $2.5M grant for expansion of healthcare program

A $2.5 million grant — the first of its kind awarded in Ohio — will allow two major organizations to expand a critical healthcare program in Dayton. Wright State University’s Boonshoft School of Medicine and Premier Health received a $2.5 … Continue reading →

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May 26 • 10:10 AM EDT • Business • webapp2.wright.edu
From smart agriculture to mental health: These are the New U.S.-Israel projects set to receive $7.5 million from the BIRD Foundation

On May 5, 2026, the Board of Governors of the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation approved grants totaling $7.5 million for seven new projects between U.S. and Israeli companies. In addition to BIRD funding, the projects will leverage private-sector investment, resulting in a combined investment of $20 million across all projects.

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May 26 • 8:30 AM EDT • Health • finance.yahoo.com
Feds greenlight Wyoming’s plan to spend $205M on healthcare initiatives

CMS approved Wyoming’s Year 1 plan to spend $205 million from the Rural Health Transformation Program to support rural hospitals, build workforce and bolster preventive health.

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May 25 • 10:00 AM EDT • Health • kotatv.com
Forza Horizon 6 Seemingly Sold Almost 5 Million Copies Before Its Opening Weekend

New Steam player record also set

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May 25 • 8:00 AM EDT • Technology • purexbox.com
Semiconductor decoupling. Powell's politics. Industrializing Ogaden. Free trade and the Magna Carta.

Thank you for opening your Chartbook email. Feliks Topolski, 1907-1989 8th Army’s Front, Italy 1944 Semiconductor decoupling Source: FT One thing that Jerome Powell deeply understood is that chairing the Fed under current conditions is a deeply political job. “Powell has successes and mistakes to his name. But he stands out as having thought more carefully about the Fed’s democratic legitimacy than any chair since Paul Volcker,” said Paul Tucker, a former deputy governor at the Bank of England, referring to the Fed chair who successfully fought the great inflation of the 1970s and early 1980s. … While Powell was at the Treasury in the early 1990s, he watched Alan Greenspan build relationships within the government. That convinced Powell he needed to follow the former Fed chair’s lead and spend more time in Congress than his predecessors Yellen and Bernanke. “The accountability for the Fed runs through Congress,” said Claudia Sahm, a former Fed official who is now chief economist at New Century Advisors. “That’s not just about having people on speed dial — it’s answering questions, explaining policy and getting feedback.” Source: FT Ethiopia’s PM Abiy and Nigerian business tycoon, with Chinese engineering, are driving industrialization in Ogaden/Somali region of Ethiopia. - Michael Masri’s reporting for Africa Report if fascinating. Ethiopia has launched a cluster of large industrial schemes in the Somali region, laying foundation stones for a urea plant and an oil refinery in Gode while opening the first two phases of the Ogaden LNG project. Abiy Ahmed framed the push as part of a broader strategy to link energy, agriculture and industry. “These projects embody more than industrial growth,” he said. “They represent our shared responsibility to harness opportunities, strengthen co-operation and promote peace.” The Gode urea plant, backed by Dangote Group and Ethiopian Investment Holdings (EIH), is designed for 3m tonnes a year. Dangote owns 60%, while EIH holds 40%. Officials say Dangote’s equity totals about $2.5bn, while the state provides land and implementation oversight. Gas from the Calub fields will be piped 108km to the site. Construction is slated for 40 months, with operations targeted for 2028. Ethiopia imports most of its fertiliser, spending more than $1.2bn a year for 1.5m–2m tonnes. Usage was roughly 1.7m tonnes in 2023, almost half of it urea, and demand for 2024–25 is put above 2.4m tonnes. If delivered on time, the Gode plant could cover domestic needs and allow exports to neighbours. Brook Taye, chief executive of EIH, called the venture “a significant milestone in the journey toward industrial self-sufficiency”. Dangote told the groundbreaking crowd that the complex would be integrated with gas supply and a polypropylene unit to support local inputs. He pointed to Ethiopia’s Grand Ethiopian Renaissance Dam (GERD), with a capacity of more than 5,000MW, and noted his group’s cement operations and expansion plans. The Gode refinery is being developed by Golden Concord Group of China. It is designed to process 3.5m tonnes a year of crude and condensate from the Hilala field, with associated storage. Backers say it will ease foreign-exchange pressure from fuel imports and anchor further industrial activity, including a proposed steel smelting site in Dire Dawa. GCL’s chair, Zhu Gongshan, cast the project as “a key step in Ethiopia’s path to energy sovereignty”, underscoring the Beijing–Addis ties. Financing details are still being finalised, but the refinery is central to the government’s energy-security narrative. Source: The Africa Report Dangote’s Ethiopian vision: Dangote began with cement. His crown jewel, Dangote Cement, dominates Nigeria’s market and has 10 operations in other nations in Africa. The formula has been consistent: identify sectors with chronic shortages – cement, fertiliser, sugar – commit massive local investments, and scale up to serve regional demand. Ethiopia was a natural extension of that model. In 2015, Dangote launched the Mugher Cement Plant outside Addis Ababa at a cost of $600m, with an annual capacity of 2.5 million tonnes. The investment gave him a firm foothold in one of Africa’s fastest-growing construction markets. But success came with risks. In May 2018, violent unrest led to the killing of Dangote’s country manager and temporary shutdowns at Mugher. While other investors might have retreated, Dangote doubled down. Today, he is preparing to spend $400m to expand Mugher’s capacity to 5 million tonnes, alongside a new grinding unit near Addis Ababa. Cement is just one market Dangote is targeting. Ethiopia’s enormous state-controlled sugar industry, long plagued by inefficiency and debt, has struggled for years to reform. Its Omo Kuraz Sugar Development Project, touted as one of the continent’s largest initiatives, continues to face delays and mismanagement. … The most ambitious venture of all is the planned fertiliser production complex in Gode, Somali region. Publicised on 28 August 2025, the Dangote Group and Ethiopian Investment Holdings (EIH) deal plans one of the world’s largest single-site urea manufacturing plants. The project costs an estimated $2.5bn and has an estimated capacity of 3 million metric tonnes annually, a rate that would not only render Ethiopia independent, but even a net exporter of fertiliser. EIH, the state wealth fund of Ethiopia, will hold 40%, while 60% is held by Dangote Group. … For Dangote, Ethiopia is a trifecta: Cement demand is projected to grow by 10% annually, its sugar consumption is growing with rapid urbanisation, and fertiliser demand is all but insatiable, given that farming supports the livelihood of 70% of Ethiopians. Source: The Africa Report The stakes for Abiy are high: For Addis Ababa, the $4bn fertiliser project in Ethiopia’s Somali region is no longer simply a manufacturing investment. It is increasingly being framed as a strategic state project tied to food sovereignty, import substitution and the government’s broader attempt to build economic resilience under mounting fiscal pressure. “Becoming self-sufficient in food is our main agenda,” Abiy says during the visit. “Land is needed; we have it. Water is needed; we have it. Human resources are needed; we have it.” The scale is enormous even by African industrial standards. Once operational, the plant is expected to produce three million metric tonnes of urea annually, potentially making it one of the continent’s largest fertiliser complexes. Ethiopian officials say the project now includes a 110km gas pipeline, a 120MW power plant, a polypropylene packaging facility and a two-million-tonne NPK blending plant. For a government grappling with chronic foreign exchange shortages, ballooning import bills and pressure on agricultural productivity, the numbers matter politically as much as they do economically. The decision to anchor the project in Gode is deliberate. Long viewed as peripheral to Ethiopia’s industrial economy, the Somali region is now being repositioned by the federal government as a future irrigation and agro-industrial corridor. Officials argue that the area’s vast land reserves and access to water could eventually support large-scale commercial farming capable of reshaping Ethiopia’s food economy. The government is simultaneously building housing infrastructure for about 5,000 residents near the plant, while officials project broader industrial expansion along the corridor. Abiy goes further, comparing the long-term revenue potential of the Gode development zone with Ethiopia’s flagship state enterprise. “The investments we are making in this Gode area, combined, will generate high revenue for Ethiopia, at par with Ethiopian Airlines,” he says. Source: The Africa Report Feliks Topolski 1907-1982 Topolski’s Chronicle, ‘Nazi Revival’, Vol. 8, Is. 1-2, 1960 HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. Photo by Jakub Dziubak on Unsplash If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Grim vision of drone warfare by Sylvie Kaufmann For contributing subscribers only. Subscribe The state of the art in Colbert-studies. Jean-Baptiste Colbert was Louis XIV chief minister from 1661 to 1683 and traditionally seen as an architect of absolutism and mercantilism. Alexander Hamilton later cited him as an inspiration in 1782. Now his legacy is disputed. Daniel Dessert, the chief critic, sees Colbert as the orchestrator not so much of an absolutist state as of an elite cabal. Would be great to have a good English-language review of this important debate. Source: lhistoire Didn’t know that the Magna Carta included free trade provisions Fighting for the right to the beach in Oregon in 1967: Source: Research Gate RAF Station – British and Polish Flags, c. 1940-45, The Ingram Collection Feliks Topolski, 1907-1989 ink and wash If you’ve scrolled this far, you know you want to click: Subscribe

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May 25 • 6:23 AM EDT • Politics • adamtooze.substack.com
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$1.75 million gift will allow Kent State to expand health outreach

The $1.75 million gift will provide funding for the college’s community health and outreach programs such as the Mobile Flashes program.

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May 24 • 6:03 AM EDT • Health • beaconjournal.com
Affordable Care Act enrollment projected to plunge by 5 million as costs spike, analysis shows

ACA enrollment could fall from 22.3 million Americans in 2025 to around 17.5 million this year.

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May 23 • 1:39 PM EDT • Health • nbcwashington.com
Forza Horizon 6 Nears 5 Million Sales, 42% on Xbox

Forza Horizon 6 recently launched on PC and Xbox Series consoles on May 19 to impressive player counts on Steam, and it has largely retained those concurrent player counts, returning to around 280,000 peak concurrent players daily throughout its launch week. It makes sense, then, that sales figures ...

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May 23 • 12:43 AM EDT • Technology • techpowerup.com
Forza Horizon 6 Races Toward Estimated 5M Sales and $325M in Week One Despite Game Pass Cannibalizing Some Sales

Forza Horizon 6 is reportedly nearing 5 million copies sold and $325 million in gross revenue in its first week on store shelves.

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May 22 • 11:36 AM EDT • Technology • wccftech.com
Riverhead Board Unswayed By Public Objections to Taking of Science Center Property

The Riverhead Town Board seemed unmoved by hours of comment at a public hearing Wednesday evening on its plan to take the property adjacent to the Town Square owned by the Long Island Science Center through eminent domain. In 2020, the Science Center had proposed to build a new 24,000-square-foot, $13.5 million attraction at the

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May 22 • 9:50 AM EDT • Science • eastendbeacon.com
Aaron Rodgers’ 2026 Steelers Contract Incentives Revealed

Aaron Rodgers could earned $2.5 million in incentives next season, but he has his work cut out for him to hit those benchmarks.

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May 22 • 1:21 AM EDT • Sports • sports.yahoo.com
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Browns may have made a $49.5 million mistake

Cleveland had a whole unit to fix.

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May 21 • 8:30 AM EDT • Sports • sports.yahoo.com
Mental health support expands following deadly floods in Texas Hill Country

The Community Foundation has allocated $5 million in grants to 15 nonprofits and pledged an additional $10 million over two years to support long-term mental health recovery following the Hill Country flood.

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May 21 • 7:48 AM EDT • Health • ksat.com
Silver & Black Gala unites stars, alumni and community to support Nevada mental health initiatives

The Raiders played host to the third annual Silver & Black Gala on Sunday night at Allegiant Stadium, a power-packed event that raised $2.5 million to help benefit mental health initiatives across Nevada.

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May 20 • 12:45 PM EDT • Health • raiders.com
Paducah Sports Park to host first tournament in new facility this weekend

Crews are still finishing parts of the $65 million complex, but officials say the park is ready to welcome teams beginning Saturday.

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May 19 • 5:21 PM EDT • Sports • kfvs12.com
Affordable Care Act enrollment projected to plunge by 5 million as costs spike, analysis shows

The report found that ACA program enrollment could shrink by more than 20% and that those who remain covered are paying more, with average deductibles growing by over $1,000.

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May 19 • 4:05 PM EDT • Health • pbs.org
Lauxera Capital Partners raises a hefty €520M for health, medtech companies

Lauxera Capital Partners has nearly doubled the size of its first funding drive with a €520 million ($605 million) raise for health and medical technology companies. | Lauxera Capital Partners has nearly doubled the size of its first funding drive with a €520 million ($605 million) raise for health and medical technology companies.

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May 19 • 8:00 AM EDT • Health • fiercebiotech.com
Steep drop in number of people with Affordable Care Act health coverage, analysis finds

Enrollment in Healthcare.gov and the other marketplaces is plunging by 5 million, the new paper from KFF finds. Last year, Congress failed to make a deal to keep the coverage more affordable.

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May 19 • 5:00 AM EDT • Health • npr.org
High-Signal Publisher
What Flutter Entertainment (FLUT)'s Strong Q1, Leadership Shuffle and Buyback Completion Means For Shareholders

In early May 2026, Flutter Entertainment plc reported Q1 2026 revenue of US$4,304 million versus US$3,665 million a year earlier, alongside lower net income of US$218 million, refreshed full‑year revenue guidance, leadership changes at FanDuel and the international division, and completion of a US$1,241.88 million share buyback program. At the same time, stronger‑than‑anticipated Q1 operating performance, new FanDuel loyalty and product features, and a reconfigured management team sharpened...

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May 18 • 9:29 PM EDT • Entertainment • simplywall.st
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Murdoch Children’s Research Institute secures $5M grant to prevent childhood disease

Prime Minister Albanese announces a $5 million grant for MCRI to launch a pioneering research team focused on preventing childhood health conditions.

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May 18 • 2:14 PM EDT • Health • foxnews.com
Pop star Shakira is acquitted in a Spanish tax fraud case

A Spanish court has acquitted Shakira of tax fraud and ordered the government to return over 55 million euros in fines and interest. The decision, seen Monday by The Associated

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May 18 • 5:58 AM EDT • Entertainment • lancasteronline.com
PGA Championship purse, payouts: How much did Aaron Rai earn for his win this week at Aronimink?

The PGA of America offered a record $20.5 million purse for its event this week.

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May 17 • 7:05 PM EDT • Sports • sports.yahoo.com
Aaron Rodgers Returns to Steelers With a Big Raise

Rodgers’s one-year deal is reportedly worth up to $25 million.

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May 17 • 3:01 PM EDT • Sports • sports.yahoo.com
Sutter, Santa Clara Launch New Medical School

Sutter Health and Santa Clara University to Launch the Mark & Mary Stevens School of Medicine Funded in part by a $175 million gift from Mark and Mary Stevens, it will be the first new medical school in the San Francisco Bay Area in more than a century. SANTA CLARA, Calif. — Sutter Health and […]

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May 15 • 1:56 PM EDT • Health • vitals.sutterhealth.org
Louisiana casino revenue growing faster than national average, thanks to expansions

Thanks to a series of upgrades that moved some aging riverboat casinos onto land, a $435 million transformation of Caesars New Orleans and a glitzy new casino in Bossier City, Louisiana’s state regulated gambling halls saw their revenues in 2025 grow well above the national average.

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May 15 • 5:00 AM EDT • Business • nola.com
Business owners impacted by Winston Weaver fire learn about filing claims for compensation

Business owners affected by the Winston Weaver fertilizer plant fire attended a meeting to discuss filing claims for compensation from a $4.5 million class action settlement.

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May 14 • 11:15 PM EDT • Business • wxii12.com
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What's next for Oakland County residents and businesses after water main break

Officials say the repair itself is expected to cost between $3 and $5 million.

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May 14 • 5:38 PM EDT • Business • cbsnews.com
High-Signal Publisher
Howard Community College Featured in 'State of Business' Address

In his Business Outlook Luncheon remarks at Turf Valley Resort last week, Howard County Executive Calvin Ball outlined how Howard County “stands on business” through five pillars: managing crises, investing in people, backing businesses, making strategic investments, and preparing for the future. Howard Community College appears by name in the pillar that anchors the others: investing in people. Dr. Ball highlighted the $11 million county investment in HCC’s Cathy and Danny Bell Workforce and Trades Center, which will open this fall. He described the facility as a world-class center with state-of-the-art training in key industries, championed by HCC President Dr. Daria J. Willis, and positioned to help Howard County compete with institutions worldwide. He also recognized HCC’s Complete4Success program, supported by a $3.5 million county investment in 2022, as a continuing driver of certifications and degrees that prepare students to enter Howard County’s workforce ready to contribute on day one. Dr. Ball connected HCC’s work to the broader economic moment in the county, including more than 1,580 apprentices now training across Howard County businesses, up from roughly 1,100 in 2018, and the SPARK program that bridges classroom learning to high-demand industries. Each of these efforts depends on the kind of workforce pipeline HCC is built to deliver. Educational Services is one of the top three employment sectors for county residents, alongside Professional, Scientific, & Technical Services and Health Care & Social Assistance. HCC will award 1,263 degrees next week at its annual commencement ceremony, and every year, that output feeds directly into the industries the County Executive named as drivers of Howard County’s growth. The full picture also includes the families who are not yet there. The 2024 ALICE update from United Way of Central Maryland found that 35,346 households in Howard County, 29% of the total, fell below the ALICE Threshold in 2022, meaning they earned more than the Federal Poverty Level but less than the basic cost of living in the county. The Household Survival Budget for a Howard County family of two adults, an infant, and a preschooler reached $118,608 annually, requiring an hourly wage of $59.30 to cover housing, child care, food, transportation, and other essentials. Affluence and economic strain coexist within the same county lines. That gap is the reason higher education and economic development are inseparable. Every certification, associate degree, and apprenticeship credential issued at HCC represents a household closer to crossing the ALICE Threshold and into long-term financial stability. The Bell Center, Complete4Success, Howard P.R.I.D.E., Parent Scholars, and the institution’s transfer-rate gains are significant components of Howard County’s economic mobility infrastructure. HCC is grateful to Dr. Ball for his sustained partnership over nearly eight years of service and for recognizing that this college plays a central role in the economic story Howard County is telling. Standing on business in Howard County means standing alongside the flagship institution that prepares its workforce.

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May 14 • 10:04 AM EDT • Business • howardcommunitycollege.substack.com
Local health officials prepare for influx of World Cup fans

Health officials from the U.S. cities hosting the 2026 FIFA World Cup say they are preparing to deal with infectious diseases, heat-related illness, and an array of other health threats when millions of fans, many of them from overseas, come to watch the games. The World Cup is expected to draw between 5 million and […]

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May 13 • 6:43 PM EDT • Health • stateline.org
Rock Creek Entertainment District developer sells UNP-located retail center for $82.25M

An Oklahoma City-based investor group purchased University Town Center from its previous owner, The Rainier Companies, for $82.25 million Monday.

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May 13 • 6:21 PM EDT • Entertainment • oudaily.com
NYDFS Ramps Up Health Care Cybersecurity Enforcement With $2.25 Million Settlement

On April 29, 2026, the New York Department of Financial Services (NYDFS) announced the finalization of a $2.25 million settlement with Delta Dental of New York and Delta Dental Insurance Co.,…

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May 12 • 4:03 PM EDT • Health • crowell.com
Greenboard raises $15.5 million to keep compliance from slowing down business in the AI era

Base10 led the Series A after leading the startup’s 2024 seed round

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May 12 • 9:00 AM EDT • Business • fortune.com
Contributor: Elon Musk’s chainsaw has brought world health crashing down

The dismantling of USAID could produce 14 million additional deaths by 2030, including 4.5 million children under 5, according to new data projections.

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May 12 • 6:00 AM EDT • Health • latimes.com
City Council panel backs tax incentives for United Center entertainment district

A plan to provide nearly $55 million in tax rebates for the $7 billion project that’s meant to be “transformative” for the West Side sailed through the council’s economic development committee.

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May 11 • 3:09 PM EDT • Entertainment • wbez.org
City Council panel backs tax incentives for United Center entertainment district

A plan to provide nearly $55 million in tax rebates for the $7 billion project that’s meant to be “transformative” for the West Side sailed through the council’s economic development committee.

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May 11 • 2:16 PM EDT • Entertainment • chicago.suntimes.com
Blurred Lines: WHOOP’s $10B Deal Begs Question, Can The Wellness Brand Cross Over Into Health?

WHOOP’s $575 million funding round brings on major healthcare institutions, as the wearable company pushes beyond wellness and into preventative healthcare.

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May 11 • 9:12 AM EDT • Health • forbes.com
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Alex Bregman's Slow Start Should Cause Zero Concern

Alex Bregman’s $175 million tenure in Chicago is off to a frigid start. While the veteran third baseman struggles at the plate, history suggests he'll be just fine.

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May 10 • 2:14 PM EDT • Sports • sports.yahoo.com
Tampa estate with go-kart track listed for $115 million: See photos

Energy executive Steven Lempera has listed his Tampa estate for $115 million, aiming to break local sales records.

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May 10 • 1:05 PM EDT • Business • businessinsider.com
New state funding announced for Catskill, Athens and Greenwich

Gov. Kathy Hochul’s office says $10 million is earmarked for Catskill, while $4.5 million each is going to Athens and Greenwich.

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May 10 • 10:22 AM EDT • Politics • spectrumlocalnews.com
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Chicago Teachers Union wants $8.5 million dues hike to fund politics

“Has your brand become toxic?” This was a pointed question from WGN Political Editor Tahman Bradley, posed to Chicago Teachers Union President Stacy Davis Gates in a recent interview. Her immediate response: “I don’t understand the question.” When pressed, Gates added, “The Chicago Teachers Union is not a political party, it is a labor union.” But internal union documents show CTU leadership is trying to skim $8.5 million more from teacher paychecks explicitly for politics, while trying to silence union members critical of Gates’ leadership. Under the proposed dues hike, Chicago teachers would see up to $800 more per year flow from their paychecks to union coffers. The union already takes in more than $40 million a year, mostly from dues. And it spends less than 18 cents of every dollar on teacher representation. The No. 1 reason for the proposed dues hike? Politics. “We must win a majority of the first 21 person fully elected school board in November,” reads the first point in CTU’s member FAQ document.1 This directly contradicts CTU’s promise to members about how leadership uses dues money. The official CTU handbook tells members that the union does not use dues money for politics, so if they are interested in funding political activity, they should consider voluntary donations to CTU’s political action committee. “Our dues are not used for political purposes,” according to the handbook. “So our PAC relies on extra contributions from our members to support progressive candidates and to impact elected officials at the city, county and state levels.” This kind of double-speak is one reason members are concerned about another constitutional change slipped into the dues hike vote, which will take place on May 20-21: an attempt to stop members from holding the union accountable. A proposed amendment to the union constitution tries to place limits on when members may bring a lawsuit against the union for violating members’ rights.2 This provision is clearly a response to members’ lawsuit against union leadership regarding Gates’ years-long refusal to publish audited financial statements. The judge in that case has repeatedly denied the union’s attempts to dismiss it. Teachers opposed to these changes have been circulating this flier, urging members to vote no. What will CTU members get in return for millions of dollars in additional dues? If the 2024 school board elections are any indication—not much. CTU leadership’s record on school board races may not inspire confidence among members. A Chicago Policy Center analysis of a dozen affiliated PACs found CTU spent nearly $2.9 million on school board races in 2024. Of that spending, more than $2.1 million (75%) went to losing candidates. And while CTU-backed candidates lost six of the nine competitive seats overall, they fared worse in their biggest-spending races, losing five of six contests in which the union and its affiliates put up more than $250,000 for their candidate. The Chicago school board elections take place Nov. 3.3 Is another $8.5 million enough to clean up a toxic reputation? Not likely. Update on federal tax credit scholarship: Last week, Democratic New York Gov. Kathy Hochul said she plans to opt into the federal tax credit scholarship program. If Illinois Gov. JB Pritzker follows suit, Illinois could unlock $1 billion in donor money statewide for both public- and private-school students. If Illinois does not opt in, that money will flow to other states. The Last Ward reported in February on how Illinois Democrats could unlock at least $100 million in new resources for Chicago public-school students by opting in. Update on the investigation into how Chicagoans learned about a meeting to hike their property taxes: The Last Ward reported in January on an absurd, taxpayer-funded investigation into how local media learned of a planned Chicago school board meeting to hike the district’s property tax levy. That investigation is now complete. Lawyers interviewed two dozen witnesses, and found nothing. Update on Illinois’ muni debt crisis: My colleague Joe Tabor last week published a must-read piece in Crain’s Chicago Business about how Illinois recently rejected south suburban Harvey’s request to be designated a “distressed city.” The saga shows why the state must implement a better structure to assist insolvent local governments, including allowing for the option to pursue debt relief via Chapter 9 bankruptcy. The Last Ward reported in October on how Harvey is tipping the first domino in Illinois’ municipal debt crisis. Mincing Rascals: I joined the Mincing Rascals podcast to discuss the SAFE-T Act, the millionaires tax, and more. My “green light” recommendation: Force Majeure (2014). 1 Notably, the No. 2 reason cited is “resources to fund a state-wide millionaires tax campaign in order to fully fund the state’s school funding formula.” The constitutional amendment necessary to implement a progressive income tax in Illinois recently died in the Illinois House, meaning this question would not appear on the ballot until 2028 at the earliest. 2 There is seemingly no single-subject rule for CTU constitutional amendments. So members only get one vote on the full package. One cannot vote “yes” on the dues hike and “no” on the restriction of members’ rights, for example. 3 Illinois law grants far too much power over local government to unelected officials like Gates. State lawmakers should fix that.

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May 10 • 9:01 AM EDT • Politics • thelastward.org
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Iranian businesses said resorting to mass layoffs amid wartime economic struggles

According to New York Times, business leaders warn 3.5 million industrial jobs at risk, several tech firms shut down due to internet blackout, with others laying off hundreds

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May 10 • 8:00 AM EDT • Business • timesofisrael.com
TikTok creator's crowdfunding campaign to buy Spirit Airlines racks up more than $335M in pledges

After Spirit Airlines shut down operations and canceled all flights, a viral TikTok campaign proposing crowdfunded ownership has gained over $335 million in online pledges.

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May 10 • 5:17 AM EDT • Business • foxbusiness.com