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Ardent Health acquiring Missouri nonprofit Boone Health for $47M
Ardent Health is acquiring Boone Health, a mid-sized nonprofit system based in Columbia, Missouri, for $47 million in cash, the organizations announced Thursday. | The purchase of the $500 million Missouri nonprofit includes a 10-year, $200 million capital commitment, and is expected to bring Ardent at least $30 million annual EBITDA by its third year.
Flo Health Earns ISO 13485 Medical Device Quality Certification, Adding to Its ISO Security and Privacy Credentials
LONDON, November 13, 2026--Flo Health, the #1 women's health app used by more than 500 million people worldwide, has earned ISO 13485 certification, the international standard for quality management systems in medical devices. The certification follows an independent audit of Flo's quality management system (QMS) by Scarlet, a government-accredited certification body that specializes in AI medical devices. The audit returned no major findings.
Goldman Sachs commits $500 million to launch Small Business AI Institute and expand 10,000 small businesses
Goldman Sachs announced the launch of the Goldman Sachs Small BusinessAI Institute, an extension of its signature 10,000 Small Businesses program aimed at supporting AI adoption and application. The institute is partnering with the world’s leading AI companies – Anthropic, Google, Meta and OpenAI – to provide entrepreneurs across America with the training and tools…
ERC Synergy Grants 2026: Bringing 48 research teams together to tackle science’s biggest challenges
The European Research Council (ERC) has selected 48 research teams to receive a total of €500 million in Synergy Grants to tackle scientific challenges that require researchers to combine their expertise.
Databricks to Invest More Than $500M in the Netherlands
AMSTERDAM, Nov. 10, 2026 – Databricks today announced plans to invest more than $500 million USD in the Netherlands over the next three years. The commitment will expand its largest R&D hub in Europe, with plans to double its local team as demand for Lakebase, Genie and Unity Gateway grows. The company also opened its […]
Scientists may have finally explained why our brains and bodies are cross-wired
Scientists propose that the brain’s mysterious cross-wiring, which connects each hemisphere to the opposite side of the body, may have originated more than 500 million years ago in the visual systems of ancient fish. Rather than evolving for a specific advantage, this unusual arrangement may simply be a legacy of evolution building new brain circuits on an ancient foundation.
Gears of War: E-Day's "$500 million budget" story oversimplifies The Coalition's contribution to Xbox
Over the past few weeks, I've been investigating Gears of War: E-Day's budgetary discourse ahead of looming, widely expected layoffs. Here's what I've discovered so far.
Space Startup Seeks a $500M Fundraise
Apex, a space manufacturing startup based in Culver City, is in the process of raising $500 million, according to Bloomberg. The round would put Apex’s
Gears of War: E-Day Reportedly Cost $500 Million to Make, Amid Claims It Has Sold Just 400,000 Copies
Gears of War: E-Day reportedly cost $500 million to make, amid claims it has sold just over 400,000 copies.
RFK Jr. visits Iowa to announce maternal health initiatives
RFK Jr. announced $500 million to boost home-visit programs during an Iowa stop focused on maternal health.
Animals Starves while the Kardashians Miss the Charts Again
(Welcome to my weekly streaming ratings report, the single best guide to what’s popular in streaming TV and what isn’t. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. If you were forwarded this email, please subscribe to get these insights each week.) Before we get going, I’d like to offer congratulations to Jonathan Funke, whose suggestion “midflicks” won the poll for what I should call straight-to-streaming films which aren’t big or cinematic enough to go to theaters but seem too expensive for a TV movie. It’s so useful a term, I just used it last week! Now I just need to add this term to my data dictionary! Okay, on to this week’s issue. We’re starting out looking at Netflix/Ben Affleck’s latest crime thriller, Animals. I’ll also look at Disclosure Day heading to Peacock (it did better than you’d remember in theaters...) and a new movie based on toys. Plus, a long-time streaming flop returns for its eighth season...will it finally chart? (No.) Will anyone at Disney care? Probably not. All that, plus another look at new shows landing on streaming on 1-Oct from Reelgood, what streamer hasn’t had a film make the Luminate charts since August, Reacher’s long run on the charts, M_onster: The Lizzie Borden Story’s_ short run, the top shows in 2026 according to Samba TV, all the flops, bombs and misses, and a whole lot more. And I mean that last part: putting this week’s issue together, I assembled OVER 25 images, most of which are bespoke looks I made just for this report. Really, publishing articles like this takes the work of writing two articles: one is the narrative and the other is making charts/graphs. Let’s dive right in! (Reminder: The streaming ratings report focuses on the U.S. market and compiles data from Nielsen’s weekly top ten viewership ranks, Luminate’s Top Ten Data, JustWatch and Reelgood interest data, Samba TV household viewership, company datecdotes, Netflix hours viewed data, Google Trends, and IMDb to determine the most popular content. While most data points are current, Nielsen’s data covers the week of October 5th to October 11th, 2026. You can find a link to my terminology here.) Subscribe Film - Netflix’s Latest Star-Studded Thriller Goes For Glory The tempting angle for anyone writing about streaming film this month, like yours truly, is to ask, “Is this why Dan Lin lost his job at Netflix?” Take Animals, the Ben Affleck-starring-and-directing, Artists Equity-produced crime thriller that opened on 9-Oct. (Kerry Washington and Gillian Anderson are also in it.) If it did really well, then one could argue that Lin has another success on his resume. If it underperformed, then it’s another example of a Netflix underperformance this year. So where did Animals fall? Kinda in the middle, but that means it’s more “not a hit” than “big hit”. On Nielsen, it opened to 12.0 million hours, and here’s how that stacks up for 2026 films so far this year: Obviously, that’s not great. It’s both under my 15 million opening bar for “fine” for a Netflix film and 20 million bar for “great” opening. It did a bit better on Samba TV, getting to first place. That’s very, very good, though again, looking at the Nielsen data, it probably means that it was a light week overall. Luminate’s data is a bit closer to Samba TV’s, tied for 17th all time for single weeks since May of 2024: To top it off, no one seemed to like it. It has a 33 on Metacritic and only a 5.7 on IMDb. Both of these numbers could have been impacted by the stories about Affleck’s comments about using AI to make the film. Given the controversy, the film might not have been as bad as the ratings suggest, but it’s also not a bullish sign. All to say…yeah, on net this film isn’t a point in Dan Lin’s favor. At this point, Netflix’s slide has been long enough—going on since February—that I’m almost tempted to lower the bar for what a “hit” is on streaming. Post-February of 2026 or so, it seems like straight-to-streaming films just haven’t hit the same heights as they did from 2022 to 2025. Before we head onto the “Quick Hits” for film, I want to shout out a fellow newsletter whose articles I’ve been loving this year, LA Material, a new LA-based news outlet. For just a highlight of my favorite articles since July... I loved this article on Ghost Town, a group on Venice that clears homeless encampments. As a Los Angeleno, obviously I adore their articles on LA parking issues. Their article on illegal parking tickets got the City Council to address the issue! Also check out their article on people parking in medians. Check out their deep dive on what went wrong with the LA Jazz Festival and how it fell apart, or what’s wrong with USC’s finances. Finally, they wrote up a voter guide on voter guides for the LA General Election. So meta! In search of a city? L.A. Material is an independent news outlet covering the people, politics, culture and glorious chaos shaping Los Angeles. L.A. Material brings you intel on the city you can’t get anywhere else. From exploring how Reddit short stories became Hollywood’s hottest commodity to reporting on the survival jobs keeping entertainment workers afloat. And answering, once and for all, why the AMC Burbank escalator is always broken. Through their newsletters, podcast, videos, events, and member community, L.A. Material is designed to help Angelenos connect to Los Angeles and each other. Sign up now for the free weekday newsletter. Quick Notes on Film Steven Spielberg’s latest film, Disclosure Day, came to Peacock on 9-Oct, and I’ll admit that, after pulling its stats, I did a pinch of a double take. As I wrote throughout my deep, deep, deep dive on summer box office/Obsession/Backrooms/IP/superheroes, oftentimes the film media discusses films as “flops” or “misses” or “hits” without clarifying what they specifically mean. Since Disclosure Day didn’t make $250 million in the US or $500 million globally, it was definitely a disappointment by Spielbergian standards, who is the highest-grossing director of all time, and arguably even more ahead in adjusted grosses. But it did make $245 million globally on a $115 million budget, so it isn’t as big of a miss as I remember. That’s still probably not enough to break even in the theatrical window, when you factor in marketing costs…but it’s close. And it grossed a lot more even in the US than some titles with about ten times more coverage. Anyways, lots of preamble to say this one only did 4.5 million hours according to Nielsen, so it did make the charts, but on the low end. Here’s how it stacks up to other Peacock titles: Apple TV (née +) followed up their “success for them” Mayday with Matchbox The Movie. This one doesn’t look like a success even for them, but at least it’s not a miss. Apple/Skydance clearly tried to take advantage of the success of Barbie at the box office—let’s greenlight all the toy properties!!!—but of course, this didn’t make it to theaters. And it stars John Cena, who, as I argued earlier this summer, NEEDS to get his movies back in theaters. Anyways, this one has mixed-to-bad numbers. It missed the Samba TV and Nielsen charts in its first week, but did make Luminate with 7.1 million hours. That’s just enough to not be an outright miss, and about half what Mayday did earlier this summer. Speaking of Apple Studio’s Mayday, it ended up lasting five weeks on Luminate, which isn’t bad for Apple TV. On Nielsen, it had a three-week run, racking up 13.5 million hours total. Again, like Matchbox, the issue is the budget; I doubt that this viewership earned enough to justify that budget. Also, to be clear, neither of these films are “midflicks”; both should have gone to theaters. Toy Story 5 is not hanging around on the streaming charts on Disney+, so it’s not as leggy as either Zootopia 2 or Moana 2, and definitely not in the same class as Encanto. (It did make all the money at the box office, so Disney is going to be fine…) The Breadwinner on Netflix (from Sony) is down to 3.9 million hours in its third week. It only lasted for one week on the Samba TV charts. Netflix’s Doing Life had a smaller-than-normal binge release curve bounce, only going to 7.1 million hours from 6.0 to start, but it made Samba TV at fifth place in its second week. The Netflix documentary, The Widower: Til’ Death Do Us Part, also had a small binge release curve bounce to 6.5 million hours, but did make a second week on Samba TV. Meanwhile, Netflix’s Unabomber fell off after two weeks on Nielsen—which is not great at all—and Demon Slayer fell off after just one week. Over on Luminate, the two smaller titles The Swan: Behind the Mirror and Kill. Bury. Print both fell out of the Luminate top ten charts. The story of library film at the first of the month is the arrival of the Ice Age films on Netflix. Now, here’s a small example of optimizing your library that even Netflix could do better. Say you want to rent/license a new film series from Disney**.** A streamer could pay a big paycheck and then drop each Ice Age film on the exact same day of the month, the fourth of October. That’s one choice. In contrast, the streamer could have released each film one week apart, and make each one a mini-event for folks watching Ice Age films. Or even roll them out monthly. Netflix opted for the former strategy, and as a result, only three of the films made the Nielsen charts this week. The “Miss of the Week” goes to Tubi’s YA-ish horror film_, R.L. Stine’s Pumpkinhead 2_, which didn’t even make the Luminate charts like Tubi films usually do, or, should I say, “used to”? Tubi films, most of which are straight-to-streaming, used to reliably make the Luminate film charts (which only covers straight-to-streaming films), but a Tubi film hasn’t made it since August. The first Pumpkinhead got 1.4 million hours last year according to Luminate. As I wrote about this film before, it seems to be a bit muddled in terms of age: too scary for young kids but probably not scary enough for older kids. Speaking of Luminate, Netflix’s latest doc about a comic (expect more docs about comedians all month), Who Is Martin Mull?, flopped, getting just 200K and 700K hours according to Luminate. Three other film/special misses belonged to Hulu, including a standup special, Jamie Foxx: Take Care of Yourself, Neon’s latest horror film, Hokum, which made $17 million in the US, and a Family Guy Halloween special. (That last one was only 22 minutes, so it’s not a surprise it missed.) Finally, another Netflix standup special missed the charts, Mojo Brookzz: I Know You Lying missed too. I can confirm last week’s misses, most notably Paramount+’s Jackass: Best and Last, MUBI’s Teenage Sex and Death at Camp Miasma and HBO Max’s Evil Dead Burn. Television - I Can’t Visualize Nothing: The Kardashians Story Normally, in the mini-dive essays that open the Streaming Ratings Report, I focus on shows that do well or, at the very least, make the charts. Why? Because as I’ve said time and again, I can’t visualize nothing like, say, the Kardashians’ TV shows. Here’s the TV debuts chart for this week with a missing spot for The Kardashians, whose eighth season just landed on Hulu:
How bipartisan politics keeps the Brewers in Milwaukee through 2050
In 2023, bipartisan negotiations resulted in a $500 million deal to help repair American Family Field. But critics doubt the Brewers would have left.
Xbox Asked for $800 Million After Netflix Offered $500 Million for Game Adaptation Rights
Netflix offered Xbox $500 million for seven years of exclusive film and TV rights, and Xbox countered with $800 million, Puck's newsletter…
Xbox Reportedly Bungled $500 Million Netflix Deal
According to industry insiders, newly appointed Xbox CEO Asha Sharma overplayed cross-media potential with recent Netflix exec Peter Rice to the tune of $800 million
Netflix reportedly offered Microsoft $500 million to license Xbox games for adaptations.
Xbox CEO Asha Sharma and team countered by asking for $800 million, and Netflix has pulled its offer, Puck reports in an article discussing the new leadership at Netflix. Xbox launched an “XP” division this month that will work on adaptations of its games, and Xbox is already working with Netflix on a Diablo animated series. [Link: The Peter Rice Playbook & Elon's Skydance Motive | https://puck.news/newsletter_content/what-im-hearing-the-peter-rice-playbook-elons-skydance-motive/ | Puck]
Netflix reportedly wanted a $500 million film and TV deal with Xbox – but the counter offer was $800 million
Netflix reportedly looked to make a deal with Microsoft
Goldman Sachs CEO David Solomon on AI’s economic impact: ‘There’s very little that we do where we need frontier models’
"The important thing is to get it right, not to get it quicker," Solomon told small businesses of his $500 million AI push with OpenAI, Anthropic, Google and Meta.
Crowell & Moring Adds Veteran DOJ Health Care Litigator Jeff McSorley in Washington, D.C.
Jeff McSorley, a first-chair trial lawyer with 20 years of litigation experience including a decade as senior trial counsel in the DOJ Civil Division's Fraud Section, has joined Crowell & Moring's Health Care Group in Washington, D.C. He led more than 70 FCA investigations at DOJ, securing more than $500 million in recoveries for the United States.
Goldman Sachs spends big to give small businesses an AI boost
The Wall Street giant is committing $500 million to expand its 10,000 Small Businesses program and launch an AI institute, partnering with Google, Meta, OpenAI and Anthropic to bring AI know-how to Main Street. NBC's Christine Romans spoke exclusively with Goldman Sachs CEO David Solomon and with small businesses figuring out how to make AI work for them.
The Case For Exclusivity When Gears Of War: E-Day Cost Over $500 Million To Make
Xbox's big 2026 console exclusive was a money pit
1Password Surpasses $500 Million in Revenue as AI Agents Drive Growth
As businesses and consumers increasingly adopt artificial intelligence agents, 1Password is aiming to position itself to deliver solutions for growing challenges around security, access and trust.
Trump's immigration crackdown tests Republicans' hold on Texas voters
The race between Democrat James Talarico and Republican Ken Paxton is hotly contested and enormously expensive, with total ad spending topping $500 million.
In tight Texas Senate race, Trump's immigration crackdown tests Republicans' hold on voters
The race between Democrat James Talarico and Republican Ken Paxton is hotly contested and enormously expensive, with total ad spending topping $500 million.
New venture targets 'continued dislocation' in California life-science deals
It could plow $500 million into purchases over the next three years
The Hartford closes purchase of Equitable’s employee benefits business
The Hartford completed its acquisition of Equitable’s employee benefits business, adding $500 million in premiums and 300 employees in Connecticut.
Nebraska regents approve $500 million Project Health increase, Gold contract extension
The University of Nebraska Board of Regents approved a $500 million increase to Project Health, a teaching hospital being built in Omaha. Regents also passed on a 6-2 vote a contract extension for NU President Jeffrey Gold.
Harvard Privately Weighs $500 Million Fundraising Push for Scientific Research
Harvard Privately Weighs $500 Million Fundraising Push for Scientific Research
Record 12th consecutive month of $500 million in sports bets
Advocates and counselors said more funding is needed to address sports gambling in North Carolina.
Record 12th consecutive month of $500 million in sports bets
Advocates and counselors said more funding is needed to address sports gambling in North Carolina.
Ex-Genentech, Meta, AWS AI leaders launch health AI lab with $500M backing
A new frontier artificial intelligence lab for healthcare launched with a $500 million commitment from Thoreau. | The AI startup, Ortet plans to build a full-stack platform for health, spanning compute and data infrastructure, frontier research and model development and deployment.
$500M Gift Will Fuel Next Era of Computer Science at Carnegie Mellon
A landmark $500 million gift will transform Carnegie Mellon University’s top-ranked School of Computer Science into a global powerhouse shaping students, research and technologies to address emerging global challenges.
Tranche Update on Clean & Science co., Ltd's Equity Buyback Plan announced on September 7, 2026.
From September 7, 2026 to September 28, 2026, the company has repurchased 161,862 shares, representing 2.65% for KRW 500 million. With this, the company has completed the repurchase of 161,862 shares,...
As soaring energy prices crush businesses, France rolls out a new $500 million aid package, including help with commuting and heating costs
Fuel prices that have spiked since the start of the Iran war on Feb. 28 are dealing a hard blow to small businesses across Europe.
4D Wizard Of Oz Success Could Be A Game Changer For Sphere Entertainment Stock
Sphere Entertainment Co. reported that The Wizard of Oz at Sphere in Las Vegas has generated over US$500 million in ticket sales and 4 million tickets since its August 2025 launch, and recently introduced expanded 4D effects including animatronic Winged Monkeys, themed scents, scented apples, pyrotechnic fireworks, and “Glinda Glitter.” The scale of ticket revenue and attendance for The Wizard of Oz at Sphere, combined with continued investment in new 4D effects, suggests that Sphere...
35% of bettors are leaving sportsbooks for prediction markets, echoing the regulatory loophole DraftKings built its business on
The American Gaming Association says states have already lost $500 million in tax revenue to prediction markets.
Melco Resorts & Entertainment (MLCO) Is Back In The Spotlight, What Is Driving Attention?
Melco Resorts & Entertainment (MLCO) drew fresh attention after its Morpheus hotel at City of Dreams received the top-tier Three MICHELIN Keys award, and the group announced a new US$500 million share repurchase authorization. Despite the Morpheus accolade and the new US$500 million buyback plan, Melco Resorts & Entertainment’s short-term share price momentum has been weak, with the stock down 14.78% over 30 days and 12.87% over 90 days. This has contributed to a year-to-date share price...
Trump administration tells Congress it will admit 17,500 white South African refugees
Administration told Congress it intended to spend about $500 million to resettle them.
Trump administration tells Congress it will admit 17,500 white South African refugees
Administration told Congress it intended to spend about $500 million to resettle them.
Trump administration tells Congress it will admit 17,500 white South African refugees
Administration told Congress it intended to spend about $500 million to resettle them.
Trump administration tells Congress it will admit 17,500 white South African refugees
Administration told Congress it intended to spend about $500 million to resettle them.
The U.S. Open turned exclusivity into a half-billion-dollar business, and the $23 Honey Deuce is just the beginning
The tournament pulls in more than $500 million a year by selling prestige as much as tennis—from $800 million in luxury renovations to a cocktail that moved 738,459 units.
Tencent Music Entertainment Group Announces Closing of US$1,000 Million Notes Offering
Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading all-in-one music and audio entertainment platform in China, today announced the closing of its public offering of US$1,000 million aggregate principal amount of senior unsecured notes consisting of US$500 million of 5.050% notes due 2031 and US$500 million of 5.650% notes due 2036. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected to be listed on Th
Pocket Entertainment Surpasses $500M ARR as AI Reshapes How Entertainment Is Created and Scaled
Pocket Entertainment, world's leading AI entertainment platform and the parent company of Pocket FM and Pocket Saga, today announced it has surpassed $500 million in Revenue Run Rate (ARR) growing 70% YOY.
Liverpool finally given green light to sign their next Fabinho
The last couple of years have been full of heavy spending for Liverpool. The Anfield outfit have now spent well over £500 million on trying to improve their ranks and, although things finally came to...
The US wants a stronger battery supply chain. China has a decades-long head start
The Trump administration is attempting to strengthen the U.S. battery supply chain and reduce the country’s dependence on China, but analysts and industry executives say current funding is small compared with what would be needed to substantially challenge China’s dominance, CNBC reports. In August 2026, the Department of Energy awarded $500 million to seven companies […]
Trump-aligned super PAC to spend $10 million in Texas Senate race
Trump told reporters that the MAGA Inc., super PAC would spend between $400 and $500 million on midterm races.
Bayer says Crop Science unit makes progress on product launches
Bayer said on Wednesday its Crop Science business had introduced two out of 10 planned new products with peak annual sales of at least €500 million ($579 million) each and mapped out further market launches.
Sanford Health, North Memorial Health finalize partnership
As part of the agreement, Sanford Health has committed to investing more than $600 million to meet evolving healthcare needs in Minnesota, including a $500 million expansion of Maple Grove Hospital and a $100 million modernization of Robbinsdale Hospital.
City rescinds hundreds of pied-à-terre tax letters
Mayor Zohran Mamdani is still banking on getting $500 million a year from the surcharge being rolled out.
VCs Are So Obsessed With This AI Assistant That Its Valuation Jumped Fivefold In Weeks
A hot new AI agent called Instinct was valued at $500 million earlier in August, sources say. Now it's raising a new round at a $2.5 billion valuation from Benchmark and Index.
Thune-aligned groups unleash historic war chest to defend Senate majority: 'Winning message'
The Senate Leadership Fund says it raised over $500 million to defend the Republican majority in 2026 midterm elections, setting a new record.
I’m 27 Years Old With a Business Managing $500 Million in Deals. My Clients Might Already Be on Your Phone.
Evelin Herrera's meetings with high net worth individuals inspired her firm.
‘Call Her Daddy’ host Alex Cooper’s Unwell beverage business is shutting down
On Wednesday, Unwell raised money from Hollywood super agent Patrick Whitesell that valued the entire business at $500 million. It will go somewhere else.
Joby to buy Resonant Sciences, establish defense business in $500 million deal
The acquisition will be funded by roughly $450 million in cash and $50 million in Joby common stock and is expected to close "in the first half of 2027," according to a press release.
Blackstone's AGS Health files updated draft papers for $500 million India IPO
Blackstone-owned AGS Health on Friday filed updated draft papers for a 48-billion-rupee ($504 million) initial public offering in India, nearly two months after securing the markets regulator's approval for a listing.
MrBeast Sales Slow, Angel Stock Falls, MUBI and Neon Look for Hits, and Will an NBA Franchise Set a Sales Record?
(Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industry and business strategy. I write a weekly Streaming Ratings Report and a bi-weekly strategy column, along with occasional deep dives into other topics, like today’s article. Please subscribe.) You probably remember egg prices spiking a few years ago. This led to a lot of debate between the pro-market/pro-competition/antitrust/Neo-Brandesian crowd and the center/center-right/center-left/abundance/libertarian crowd over the cause, whether it was the avian flu outbreak or whether industry consolidation led to price fixing, using avian flu as a convenient cover. Basel Musharbash wrote a whole investigation at BIG looking at it. Well, two years later, we have our answer: it was price fixing. The Justice Department found proof, via emails, of price fixing. Indeed, just the threat of an investigation brought prices down two years ago: I bring this up because at least half a dozen of my favorite political writers and pundits, who were skeptical about price fixing at the time, haven’t written any mea culpas on this issue. It’s really dispiriting and makes it much, much harder to trust their work on other issues. If you take a hard stand on an issue, then you get it wrong, you need to explain how and why you got it wrong. Or update your priors. This is how epistemological bubbles are formed! All of which is to say, it’s time for another installment of “What I Got Right, What I Got Wrong”. Last issue, I mostly focused on the “wrong” side of the equation, so today’s is a bit more balanced, but with one big mea culpa (though I still stand by my original concerns). Let’s dive right in! Subscribe CORRECTION: UFC Didn’t Release Subscriber Data (But Seems to Have Bragged About It Internally) In my analysis of the viewership of UFC Freedom 250, I wrote... “Paramount has also released datecdotes bragging about their subscriber numbers. Earlier this year, they claimed that the first UFC fight on Paramount+ brought in 1 million subscribers.” Well, that datecdote did not come from a PR rep, but from great reporting from James Faris at Business Insider. The actual quote was this: “Paramount’s flagship streaming service generated about a million new subscribers on the day of its first-ever UFC event, Paramount product chief Dane Glasgow told employees in a town hall on Tuesday morning, three staffers who attended the meeting told Business Insider.“ This wasn’t the biggest goof in the world; even Faris emphasized to me that this is more a “clarification” than a correction. Still, it sounds like, internally, the folks at Paramount were very happy about this result—and I’m guessing they were happy with this news getting out—even though the gains didn’t last through the quarter, dropping to 700K adds. RIGHT: MrBeast’s Struggles Continue... I’m very skeptical about MrBeast’s burgeoning media “empire” and, in particular, its $5 billion valuation, as I wrote earlier this year and last year. Sure enough, according to Business Insider, regarding its “booming” consumer products division_:_ “US sales volume grew 13% year-over-year in 2025, following a 33% leap the previous year, according to a presentation deck dated May 2026....A February 2025 investor deck viewed by Business Insider showed Feastables’ net revenue more than doubled in 2024 from 2023, to $215 million, and was forecast to grow 74% in 2025, to $375 million.” [Emphasis mine.] If you told investors that you projected 74% growth but delivered 13%,1 that’s not ideal. But it’s not just MrBeast. Logan Paul and KSI’s Prime had sales drop in half for their energy drinks. It’s one thing to build a successful entertainment company and an entirely different thing to succeed in the heavily-consolidated-but-also-very-competitive consumer packaged goods space! CPGs are dominated by a few firms with very wide moats compared to YouTube, which has few barriers to entry. These businesses require different skill sets and have completely different business environments. WRONG: Does the NBA Have an $8 Billion Bidder? Almost as soon as I published my article about the NBA’s finances, casting skepticism on NBA expansion, I saw this Front Office Sports headline: One group “claims to have already raised $8 billion” for the Vegas expansion team. I mean, wow. That’s just $2 billion less than what the Los Angeles Lakers were valued at when they were sold just last year. And they’re arguably the most popular team in the NBA. (Side note: the new owner is now under an investigation for fraud in how he went about financing the Lakers and the Dodgers purchases.) So much for the “dried up” language I used in that article. (This is why I usually stick to my “Entertainment Nuance Guy” tone in articles...) I went off old information—from April, when I read/heard about the NBA downplaying expansion efforts—instead of doing a quick double-check for new news. That said...if you read the article, the market for Seattle is “slow”, with just one reported bidder. So I wasn’t entirely off. This goof has annoyed me since I first published it, mainly because it undercut that article’s real point, which I stand by: NBA franchises are really overvalued right now. Now, I get why NBA teams are overvalued. When it comes to owning sports teams, it’s basically never wrong to assume that some rich person somewhere will care more about owning a team (or just being part of a group since they’re so expensive) than the actual financials. There are only so many teams to own, and opportunities to buy in preferred markets don’t come along very often. This explains why the teams sell for such high multiples (usually above a 10 to 12.5 revenue multiple, which is very high). You only need one person to overpay! Beyond the ultra-wealthy luxury good explanation, I worry NBA teams are becoming speculative assets. More and more private equity investors are buying into NBA teams. But the value, in owning a team, comes from selling it later, not any meaningful relationship to revenue or profit growth. In other words, the newer NBA owners are increasingly expecting someone later to buy their inflated asset. That’s not sound economics; that’s the “greater fool” theory at work.2 At some point, actually making money has to matter. Especially since revenue growth is now below the growth of the stock market. (And this matters because the NBA doesn’t have easy levers to pull to drastically lower their costs—half of their revenue has to go to players and then you actually have to run a team, including coaching, training, travel, media expenses, and more—or raise revenues aside from one-off expansions in America and overseas.) I just don’t see how investors make their money back buying NBA teams, except for selling at a higher price later on down the line. But if revenue/profit growth continues to slow, at some point, someone will be left holding the bag. RIGHT: Baseball and Basketball are about equally popular. Related to the above, I wanted to cite two quick pieces of evidence for one of my other theories: that the NBA and MLB are about as popular as each other, but the NBA gets much, much better media coverage. One YouGov survey has that fans prefer basketball to baseball by 52% to 48%, which I’m guessing is within the margin of error for that poll. That’s virtually even, meaning they’re about the same popularity. Over on NBC, a recent Red Sox-Yankees game averaged 4 million viewers, higher than Sunday Night Basketball’s average of 3.4 million on the same network. A Yankees-Dodgers game averaged 3.9 million two weeks ago. Not every game averages this much, but it shows you that baseball isn’t far off from basketball, depending on the matchup. Altogether, the NBA is just slightly more popular than baseball, but NBC is paying MLB a fraction of what they pay the NBA, a point I’ve made before. RIGHT: Angel, MUBI and Neon Updates... I’ve long been skeptical about many of Hollywood’s buzziest startups/smaller indie studios. It’s not that they don’t make great movies—films like Anora and Everything Everywhere All at Once are amazing—or that they’re not (rightfully) pushing the majors to make better films, but...they get a ton of hype, and that hype often doesn’t live up to the reality or difficulty in scaling up. Starting with MUBI, well, The Wall Street Journal wrote a feature on MUBI’s struggles last April, best summarized by the subheader “After Sequoia valued Mubi at $1 billion, a left-wing revolt sent the indie film company into a tailspin”. MUBI lost $7.3 million on $200 million in revenue in Q4 2025, but reportedly hit a record 1.7 million subscribers at the end of Q1. As for Neon, Department M purchased a “significant stake” in the company earlier this year. How much is that “stake” worth? According to Deadline, “No financial figures for the Neon-Department M deal were disclosed.” So...that’s not great! If it was a big valuation, we’d hear about. Also, I found this curious: “Both Neon and Department M already have separate partnerships with Qatar. The Qatar Film Committee has a slate deal in place with the former, and a biopic production pact with the latter.” Color me skeptical about much Middle Eastern investment dollars. See: LIV Golf. Finally, as for Angel (formerly Angel Studios), their stock very, very slightly popped last month after Young Washington ($20 million budget) which made $45 million in the US, but their stock is still way down from its opening. Smaller Updates RIGHT: The WGA should focus on antitrust concerns! I’ve been on this for years. Post-WGA/AMTPT deal in 2023, I wrote an article for the Ankler calling on the WGA to focus and organize against industry consolidation. Sure enough, the WGA filed a lawsuit against the Paramount-WBD merger, and people are organizing around this issue now. I wish this energy had coalesced earlier (specifically to lobby Washington much earlier), but better late than never! WRONG: Actually, the chip shortage might be due to market manipulation. In my last “Long Reads for the Long Summer” article, I shared an article about how LLMs are causing memory chip prices to spike, which will make all electronics more expensive. Well, turns out, three RAM manufacturers control 90% of the market, and now a private lawsuit accuses them of price-fixing. So yeah. WRONG/UPDATE: The Odyssey will hold! Two weeks ago, I wrote, “As of this moment, we haven’t had a super-blockbuster, though The Odyssey, Spider-Man: Brand New Day and Avengers: Doomsday could all cross the $500 million mark. (At this point, The Odyssey would need a very strong hold to get there.)” Well, it’s safe to say it’s going to have that hold! It only dropped 30% in weekend two and IMAX screenings are sold out all month. Spider-Man: Brand New Day is also off to a great start. RIGHT: People are rushing to get shows out yearly. I’ve long been bullish on yearly, weekly-released shows, and Leslie Goldberg at The Ankler wrote about how many people in town are now listening. WRONG: Mark Carney reverses Canada’s stance on homegrown production. After writing about Canada installing domestic production quotas, Canada has backed off. WRONG: I don’t trust Spider-Man: Brand New Day’s online “views”. When I originally wrote about the latest Spider-Man film’s record-breaking trailer, I thought this was just YouTube views, but after watching this Corridor Crew video and doing more research, well, it’s all social views of the trailer globally. Really? That stat includes TikTok, Reels and YouTube Shorts views. Basically, I don’t trust it anymore. (This film will probably set record, but I trust the pre-sales data more.) RIGHT: Celebrity Production companies are still struggling. I’ve written about this for years, but the company that I didn’t track was Kevin Hart’s HartBeat, which was valued at $650 million but is struggling now and might just end soon, especially after Kevin Hart pulled his endorsement deals. And Bad Robot is moving to NYC. CORRECTION: SpongeBob is a “second run” title. In my 2025 recap article, I had _SpongeBob SquarePants_labelled as a “library” title, when it is still a “second run” show, with new episodes still coming out on Nickelodeon. CORRECTION: In my last “What I Got Right, What I Got Wrong” update, I offered a correction from Doug Creutz and misspelled TD Cowen. Thanks, Grammarly! 1 Though he could have increased prices to make up for the gap, he couldn’t have increased them that much. 2 There’s a theory, which I think that Daryl Morey created and Bill Simmons popularized, that, to be successful building your team, you only need a handful of bad GMs in the league to take advantage of. To be clear, Daryl Morey’s theory was also for signing bad contracts, that you could always get out of bad contracts. Basically, there’s always someone who will make a bad trade. It’s not the same exact thing, but similar enough to the Greater Fool Theory that I really like it.
MLS eyes $400 million TV deal amid crowded soccer landscape
Major League Soccer is hoping to capitalize on growing interest in soccer in the United States while nearly tripling the value of its next media rights deal. According to ESPN’s Ben Strauss, MLS is targeting annual rights fees between $400 million and $500 million when its exclusive agreement with Apple expires after the 2029 season.…
Thomson Reuters to Sell Stake in Legal, Tax Business to KKR
Thomson Reuters Corp. agreed to sell a 51% stake in its legal and tax publishing business to investment firm KKR & Co. in a $500 million deal.
Thomson Reuters to sell 51% stake in Global Print business to KKR for $500 million
Thomson Reuters said it would sell a 51% stake in its Global Print business to KKR for about $500 million and form a venture with the private equity firm that would hold exclusive license to distribute its content in print and digital books.
The Quintessential Trump-era Politician
In 2020, I wrote an article about collaboration and collaborators. The title was History Will Judge the Complicit, and it started with the story of two famous East Germans, Markus Wolf and Wolfgang Leonhard, who both landed in East Berlin just after the end of the war. Although they came from very similar backgrounds, the former stuck with the regime, eventually becoming its spy boss; the latter, horrified by the brutal reality of Soviet-style communism, escaped. By way of juxtaposition, I also wrote about Lyndsey Graham and Mitt Romney. These two men also made very different decisions when confronted by Donald Trump’s assault on the ideals that they had both grown up believing: A glance at their biographies would not have led many to predict what happened next. On paper, Graham would have seemed, in 2016, like the man with deeper ties to the military, to the rule of law, and to an old-fashioned idea of American patriotism and American responsibility in the world. Romney, by contrast, with his shifts between the center and the right, with his multiple careers in business and politics, would have seemed less deeply attached to those same old-fashioned patriotic ideals. Most of us register soldiers as loyal patriots, and management consultants as self-interested. We assume people from small towns in South Carolina are more likely to resist political pressure than people who have lived in many places. Intuitively, we think that loyalty to a particular place implies loyalty to a set of values. But in this case the clichés were wrong. It was Graham who made excuses for Trump’s abuse of power. It was Graham—a JAG Corps lawyer—who downplayed the evidence that the president had attempted to manipulate foreign courts and blackmail a foreign leader into launching a phony investigation into a political rival. It was Graham who abandoned his own stated support for bipartisanship and instead pushed for a hyperpartisan Senate Judiciary Committee investigation into former Vice President Joe Biden’s son. It was Graham who played golf with Trump, who made excuses for him on television, who supported the president even as he slowly destroyed the American alliances—with Europeans, with the Kurds—that Graham had defended all his life. By contrast, it was Romney who, in February, became the only Republican senator to break ranks with his colleagues, voting to impeach the president. “Corrupting an election to keep oneself in office,” he said, is “perhaps the most abusive and destructive violation of one’s oath of office that I can imagine.” In the wake of Graham’s unexpected death on Saturday, I wrote about him again. He was, in many ways, the quintessential politician of Trump’s Washington, a man who shifted 180 degrees. Graham had been a fervent American patriot, proud reserve officer and military lawyer; he became one of the most important defenders of a president who believes soldiers are “suckers and losers” and shows no respect for law of any kind. As his politics changed, his language grew coarser and his behavior grew worse: He urged Israel to “level the place” in Gaza, and insulted the Danish prime minister in Munich, prompting a colleague, Senator Elissa Slotkin, to issue an apology. Here’s an excerpt from the article, which you can read in The Atlantic (gift link here) Like his close friend John McCain, Graham believed that America should stand at the center of a broad democratic alliance. The few times I met him were in that context, at the Munich Security Conference or at other European-American gatherings, which he once attended with great regularity. He also took seriously the practice of American democracy at home. In a 2014 conversation with The Atlantic, he described himself as a pragmatic politician who eschewed populist slogans. “I know Washington is broken, but what’s broken about it is everybody yelling and nobody trying to fix it,” he said. “I’m trying.” When Donald Trump first appeared in U.S. politics, Graham recognized him immediately for what he was: the spokesman for an alien ideology, one radically different from the idealistic patriotism that Graham had practiced and preached since childhood. Trump privately mocked the military that Graham loved as nothing but “suckers and losers.” He put falsehoods, cynicism, and personal greed at the center of his politics, while expressing disdain for transparency, accountability, and democracy itself. In 2015, Graham described Trump as a “race-baiting, xenophobic, religious bigot” who should “go to hell.” Also as a “nutjob.” When Trump won, Graham understood, as did so many others, that he would have to make some important choices. For a while, he went silent. In the spring of 2016, I saw him at one of those conferences in Europe. He seemed too depressed to speak. But then, like many other Republicans—and, more important, like many other people who have lived under political occupation or experienced radical regime change—he made the decision to abandon his previous ideals, to bury the patriotism that was once so important to him, and to become, instead, a loud, opportunistic collaborator. As I wrote in 2020, it’s very hard to look in to anyone’s heart and to understand their motivations from the outside. But it does seem that Graham had a deep need to be relevant, to be in the game, to be a player, at any cost. And that, rather than any particular achievement, is what he will be remembered for. Continuing to monitor conflicts of interest, ostentatious emoluments, outright corruption and policy changes that will facilitate outright corruption. (Read my original article, Kleptocracy Inc and check out the SNF Agora Institute chart) June 27 Trump diverted funds from more than 900 projects nationwide—including safety upgrades at national parks—to finance beautification projects around Washington, including $700,000 used to fix a White House walkway. June 28 After a years-long Department of Justice investigation into Abbott Laboratories over its management of a baby formula facility where potentially deadly bacteria turned up enough evidence to criminally charge the firm, top department officials instead opted for a financial penalty—illustrating the department’s move away from strict corporate enforcement under the Trump administration. June 29 Defense Secretary Pete Hegseth stacked the Defense Policy Board—which is charged with providing independent national security recommendations to the Office of the Secretary of Defense—with Trump allies, including tech billionaire Marc Andreessen, who has invested in defense contractors like OpenAI and SpaceX, after purging the panel last year. Trump purchased between $1 million and $5 million worth of stock in Axon—which makes about 90% of US tasers—two weeks before ICE solicited bids for a $220 million taser contract. The White House unveiled limited-edition US passports for America’s 250th birthday, featuring a portrait of Trump overlaid on the Declaration of Independence. June 30 Trump made around $1.2 billion from his various crypto companies last year, including more than $500 million from World Liberty Financial and $600 million from sales of his meme coin. Trump is considering issuing 250 pardons to commemorate America’s 250th birthday. These are expected to be largely doled out through the Office of the Pardon Attorney’s informal network of intermediaries. White-collar defense attorneys say they can typically win pardons for clients for $2 million. Last year, Trump administration officials awarded a no-bid contract worth up to $500 million to Clark Construction for the White House ballroom—negotiations in which the president was directly involved. July 1 The Amazon MGM Studios documentary about Melania Trump earned the First Lady more than $10 million. Trump made hundreds of individual stock purchases worth as much as $12.8 million the day before his announcement pausing “Liberation Day” tariffs for 90 days sent the S&P 500 soaring nearly 10%—one of the largest single-day gains ever. Mar-a-Lago and Trump National Doral saw record surges in revenue during Trump’s first year in office, earning $77.5 million and $121.9 million respectively, compared to average annual revenues of $25 million and $75 million during Trump’s first term. Entities across the Persian Gulf paid more than $300 million to Trump’s businesses last year, including $263 million from the sale of half his stake in World Liberty Financial to a firm backed by Sheikh Tahnoon bin Zayed Al Nahyan, a top UAE royal and brother of the country’s president. Kash Patel failed to properly disclose his stock purchase of a Department of Justice contractor, MicroStrategy, worth up to $250,000 last year, despite laws requiring disclosure within 45 days of the trade. July 2 Trump has been directing administration officials to steer more government contracts—so far worth more than $2.4 billion—to Jeff Bezos’s Blue Origin aerospace firm, after Amazon gave $1 million to Trump’s inaugural fund, donated to the White House ballroom project, and reached a $40 million deal to license a Melania Trump documentary. Alongside the billions he made from cryptocurrency last year, Trump earned millions of dollars from real estate licensing fees, including $21 million from organizations in the UAE and $9.2 million in Saudi Arabia, along with smaller sums from merchandise sales, including $4.7 million from Trump Watches and $35,920 from 45 Guitar, a guitar brand endorsed by the president. House Democrats accused consultants tied to the Trump administration of financial fraud, alleging they gave prospective donors to America250—the bipartisan committee created by Congress to celebrate the nation’s semiquincentennial—the banking and routing numbers for Freedom 250, the White House’s fund for events like the UFC cage fight. Democrats also allege that Freedom 250’s CEO traveled to the World Economic Forum in Davos to solicit donations from foreign government officials and business leaders. The Trump administration’s proposed rollback of gun regulations would lift the prohibition on mailing handguns to individuals, a significant win for GrabAGun—the direct-to-consumer firearm retailer on whose board Donald Trump Jr. sits and in which he holds a 1.1% ownership stake. GrabAGun currently must rely on a middleman to transfer firearms to customers. Trump’s financial disclosure revealed that he made more than 21,000 securities trades during his first year back in office, growing his investment account to at least $858 million across stakes in around 1,600 companies, compared to the 13 total trades Joe Biden made during his entire presidency. July 4 Nearly 1 million people who bought the president’s meme coin—Trump Coin—collectively lost $3.8 billion on the token, while he walked away with $636 million. July 6 Shares of Dell closed up 4.4% after Trump recommended people buy the firm’s computers during a speech announcing the launch of Trump investment accounts for children, boosting the more than $1 million worth of shares the president owns in the company. July 9 Federal Reserve Chair Kevin Warsh named crypto investor and Trump ally Marc Andreessen to a task force aimed at modernizing the Federal Reserve, including rethinking its approach to inflation—a key factor keeping interest rates elevated. Palm Beach International Airport has officially changed its name to Trump International Airport—a move that will require Florida to pay royalties to the president’s family for licensing his name. I was there a few months ago, during a trip to Barcelona. The sculptures were a revelation, I’d never seen so many together before. Each one has its own personality. Enjoy the good weather, if you are lucky enough to have it. History Will Judge the Complicit The Quintessential Politician Autocracy Inc Open Letters, from Anne Applebaum is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
Fort Bend County Fair Announces 2026 Entertainment Lineup Featuring Sawyer Brown, Pat Green
ROSENBERG, Texas (Covering Katy News) — The Fort Bend County Fair has announced its entertainment lineup for its 90th annual celebration, featuring a mix of Texas country stars, Tejano favorites and nationally recognized performers during Championship BBQ Weekend and the fair's 10-day run. The 2026 Fort Bend County Fair begins with Championship BBQ Weekend on Sept. 18-19, followed by the fair Sept. 25 through Oct. 4. The entertainment schedule opens Friday, Sept. 18, with Tejano group Los Morales, followed by Texas country artist Cole Phillips on Saturday, Sept. 19. Phillips has gained attention for his traditional country sound influenced by classic honky-tonk music. The fair officially opens Friday, Sept. 25, with Tyce Delk, a New Mexico native whose touring schedule has expanded across the country. Country music veterans Sawyer Brown will headline Saturday, Sept. 26. The band, whose career spans more than four decades, remains known for hits including "Some Girls Do," "The Race Is On" and "Thank God for You." Go Tejano Day on Sunday, Sept. 27, will feature Prófugos de Nuevo León, along with performances by Los Rinches and Grupo Zenio. The second week of the fair begins Wednesday, Sept. 30, with Bellville singer-songwriter David Lewis, a recent Texas Country Music Association Male Artist of the Year nominee. Oklahoma Red Dirt artist Josh Meloy will perform Thursday, Oct. 1. Texas country star Pat Green returns to the Fort Bend County Fair stage Friday, Oct. 2. Green, whose career includes three Grammy Award nominations, has sold more than 2 million albums and amassed more than 200 million career streams. He is best known for songs including "Wave on Wave" and "Carry On." Country newcomer Vincent Mason will perform Saturday, Oct. 3. Mason has accumulated more than 500 million career streams and was recently nominated for Academy of Country Music New Male Artist of the Year. The fair concludes Sunday, Oct. 4, with Texas music legend Gary P. Nunn, whose "London Homesick Blues" remains one of the state's most recognizable songs. Weekend visitors also can enjoy performances on Music Row by J Paul Jr. & the Zydeco Nubreeds, Southern County Line, Los Rangerz and Horizon. The Fort Bend County Fair Association, a nonprofit organization, supports youth, agriculture and education. According to the association, it has awarded more than $2 million in scholarships during the past decade and generated $1.4 million through its 2025 youth auctions. Tickets go on sale at 10 a.m. Friday, July 10. Guests are encouraged to purchase tickets in advance and select the specific day they plan to attend, as tickets are valid only for the date purchased. Admission includes entry to the fairgrounds, access to the carnival, shopping, exhibits, food vendors and, when scheduled, admission to the rodeo and that day's concert. Season passes and single-day tickets will be available. For tickets and additional information, visit fortbendcountyfair.com or call the Fair Office at 281-342-6171. The address of the Fairgrounds is 4310 Texas 36 S in Rosenberg. 2026 Fort Bend County Fair Entertainment Schedule Championship BBQ Weekend Friday, Sept. 18: Los Morales Saturday, Sept. 19: Cole Phillips Fair Entertainment Friday, Sept. 25: Tyce Delk Saturday, Sept. 26: Sawyer Brown Sunday, Sept. 27 (Go Tejano Day): Prófugos de Nuevo León, Los Rinches and Grupo Zenio Wednesday, Sept. 30: David Lewis Thursday, Oct. 1: Josh Meloy Friday, Oct. 2: Pat Green Saturday, Oct. 3: Vincent Mason Sunday, Oct. 4: Gary P. Nunn × Expand FBCF Fort Bend County Fair 2026 Artist Lineup
The missing 500 million: Cosmic bombardment melted Earth's first crust
The heat of the Hadean may have come from impacts as well as the interior.
Trump filing shows he took in about $1.2b from crypto businesses last year
President Trump got more than $500 million from his World Liberty Financial business selling new crypto products, according to the annual disclosure report with the Office of Government Ethics.
Can the so-called nanobubbler save the Reflecting Pool?
The $1.7 million “ozone nanobubbler” being used in an effort to make the Lincoln Memorial Reflecting Pool water crystal clear has a unique ability to shoot 500 million microscopic bubbles into every teaspoon of water. The injected oxygen is supposed to oxidize — or, unscientifically speaking, smash through — algae, bacteria and other chemicals.
FMOL Health’s E.J. Kuiper touts $500M in capital spending, strong financials
FMOL Health has committed more than $500 million to capital investments since E.J. Kuiper took over as president and CEO.
Travis Kelce Comments on Patrick Mahomes' $500 Million Deal With Chiefs
Patrick Mahomes is now under contract with the Kansas City Chiefs until 2033.
Patrick Mahomes, Chiefs agree to reworked contract reportedly valued at more than $500 million
Patrick Mahomes, Chiefs reportedly agree to reworked contract valued at more than $500 million
For the ninth consecutive month, NC sports bettors wager more than $500 million
North Carolina lawmakers have agreed to raise the tax rate on legal sports betting operators. At its current 18% rate, the operators have paid right at $300 million in taxes through May.
Impulse Passes $1 Billion in Funding
Redondo Beach-based Impulse Space Inc. catapulted past $1 billion in total capital raised Tuesday with a new $500 million series D funding round, led by
Period poverty: A global menstrual health crisis
500 million women lack menstrual health basics. From Gaza to Ethiopia, CARE is turning period poverty into dignity, one community at a time.
Ebola Crisis in Congo Draws $500 Million in Global Pledges
The Ebola crisis in eastern Democratic Republic of Congo has drawn about $500 million in global pledges as African leaders and international health officials warned the outbreak risks spreading across the continent.
Tax break for United Center’s 1901 Project advances amid union pushback
The request for a property tax break has given a hospitality union leverage in negotiations over permanent jobs created in the $500 million first phase of the $7 billion mixed-use development.
Former OpenAI Researcher To Raise $500 Million For AI Science Startup
Periodic Labs, which plans to push breakthroughs in physics and chemistry using artificial intelligence, has seen its valuation jump sixfold in just eight months.
Data center OK'd, restaurants closing highlight April business news
Sangamon County saw a $500 million data center approved and a fraud investigation continue in April, alongside business openings and closings.
Spirit Airlines begins winding down operations, canceling all flights
Spirit Airlines says that it has "started an orderly wind-down of our operations, effective immediately" while the outcome of talks between the airline and the federal government over a $500 million rescue deal for the remains unclear.
Big Ten distributes $1.37B in revenue for 2024-25 fiscal year
The Big Ten Conference distributed a record $1.37 billion to its 18 members in the 2024-25 fiscal year, an increase of nearly $500 million.
Spirit Airlines Prepares to Shut Down After Trump Administration Bailout Falls Through
The low-fare airline, which has struggled for years, had been trying to secure a $500 million lifeline from the Trump administration.
Spirit Airlines Prepares to Shut Down as Rescue Deal Falls Apart
A $500 million government bailout faltered as the discount carrier ran low on cash and bondholders balked.
The Trump team is quietly eliminating U.S. support for birth control abroad
Congress has allocated more than $500 million for family planning work internationally. The Trump administration hasn't spent it — and the consequences are already being felt.
2 supermassive black holes may collide 100 years from now — and Earth would feel it
In a galaxy 500 million light-years away, two supermassive black holes could merge, spreading gravitational waves across the universe.
Google Offers Free PC Upgrade For 500 Million Windows Users
All change for Windows — it's now decision time for 30% of all PC owners.
Google Offers Free PC Upgrade For 500 Million Windows Users
All change for Windows — it's now decision time for 30% of all PC owners.
500 Million Windows PCs Are About to Become Unsafe—Now There's a Free Upgrade to Keep Them Running
Microsoft left Windows 10 users with older hardware behind. Google has a free and convenient fix.
Google Offers Free PC Upgrade For 500 Million Windows Users
All change for Windows — it's now decision time for 30% of all PC owners.
Spanberger signs bipartisan bills tied to billions in business investment across Virginia
Gov. Abigail Spanberger on Monday signed a package of economic development bills aimed at securing billions of dollars in private investment and creating thousands of jobs across Virginia, highlighting projects in Southside and Central Virginia tied to manufacturing, energy infrastructure and pharmaceuticals.The legislation supports several major projects announced by the administration in February, including a more than $500 million investment in Pittsylvania County by Avio USA Inc. The company plans to build an 860,000-square-foot manufacturing facility at the Southern Virginia Multimodal Park in the town of Hurt.
WME keeps shrinking, selling sports agency for $500 million
In its latest move to shrink its portfolio of companies, WME is selling its sports agency 160over90. French company Publicis Groupe will acquire it for $500 million.
Blackstone’s AGS Health Said to File for $500 Million India IPO
Blackstone Inc.-owned AGS Health Pvt. has filed draft paperwork for an initial public offering in Mumbai through the confidential route, according to people familiar with the matter.
Blackstone Is Said to Plan $500 Million India IPO for AGS Health
Blackstone Inc. has begun discussions with investment banks about a potential initial public offering of its AGS Health Pvt. unit in Mumbai to raise as much as $500 million, according to people familiar with the matter.
Epic Games Laying Off 1,000+ Employees, Swears AI Is Not to Blame
The company behind Fortnite, the Epic Game Store, and the Unreal Engine is also implementing a $500 million cost savings plan.
Epic Games to Layoff 1,000 and Cut $500 Million Amid 'Fortnite' Slump
Epic Games will cut 1,000 staffers and another $500 million in costs amid a slump in engagement with 'Fortnite,' CEO Tim Sweeney confirmed in a memo.
David Gallo opens up about why AI data centers, private equity are good for his company
After Katrina, David Gallo led his family's company, Gallo Mechanical, through a geographic expansion that helped grow the company to nearly $500 million in revenues and more than 700 employees. Last year, he led the 80-year-old business through a sale to a private equity firm. In this week's Talking Business, he explains why it was a good thing
Japan's Idemitsu to invest $500 million in Australian Midocean to enter LNG business
Idemitsu Kosan , Japan's second-biggest oil refiner, said on Tuesday it will invest $500 million in Australia's MidOcean Energy as part of a move towards a full-scale entry into the LNG business.
Ultrawealthy Consider $500 Million Fund to Influence California Politics
Silicon Valley billionaires have been seething over the threat of more taxes and regulations at home. Now, a proposed nine-figure fund aims to give wealthy Californians an unprecedented tool to reshape the state’s politics in their favor.
Lisa McAteer Receives a 2026 Global Recognition Award for Real Estate Leadership and Building a Community-Rooted Business
Lisa McAteer's decades of high-level sales expertise and nearly $500 million in closed transactions earned her a 2026 Global Recognition Award, ...
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How Misfits Market Grew Into A $500 Million Revenue Business
Under 30 lister Abhi Ramesh is a masterclass in diversifying startup revenue. Plus: the Under 30 Summit is less than 60 days away.
Jack Dorsey’s Block to Lay Off 4,000 Employees in AI Remake
The company said the plan would cost it $450 million to $500 million in expenses and severance.
Organic molecules found in a 500-million-year-old fossil, upending the science of paleontology
Biological polymer chitin survives 500 million years in fossils, revealing carbon conservation and ancient chemistry.
Sports-focused prediction market Novig raises $75 million to challenge Kalshi and Polymarket
Novig’s Series B values the startup at $500 million with backing from Pantera Capital, Multicoin, and Forerunner.