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The Moment Victor Wembanyama Decided to Pass Up $50 Million
Victor Wembanyama signed a five-year, $251 million maximum contract with the San Antonio Spurs instead of a $300 million supermax deal with individual performance incentives.
HHS Invests $51 Million to Expand Dental Care for Children with Neurodevelopmental Disorders
The U.S. Department of Health and Human Services , announced $51 million in awards to 28 HRSA-funded health centers to improve access to dental care for children with neurodevelopmental disorders.
Decades after voter approval, Miami mental health center still not open
It has been more than 20 years since Miami-Dade County voters approved funding for a facility intended to help people living with mental illness. Yet today, the $51 million Miami Center for Mental Health and Recovery remains unopened despite being fully constructed and ready for use.
GTA 6 has ‘the strongest pre-order campaign on record’, is on track to sell 37-51 million in week one, analytics firm says
Newzoo estimates around $260 million was spent during the first week of pre-orders…
GTA 6 is on Pace to Outsell Every Game’s Pre-Order Campaign, as Newzoo Pegs 51 Million Copies in Week One
Newzoo estimates GTA 6 could sell 51 million copies in its first week, putting Rockstar’s launch campaign on pace to set a new record.
Texas awards $51 million in first round of Rural Texas Strong funding
Gov. Greg Abbott announced on Monday that Texas is awarding $51 million in federal funding to rural hospital districts and authorities as part of the state’s Rural Texas Strong initiative.
China’s Momenta IPO oversubscribed 414 times as Hong Kong listings pack calendar
Autonomous-driving firm draws nearly 210,000 orders for a US$751 million offering, making it year’s second ‘red-chip’ firm to get Beijing’s permission to list via offshore structure.
John Collins agrees to $51 million contract with Detroit Pistons
The veteran big man strengthens the Pistons' frontline.
Top Super PAC for Senate Democrats Raises Record $151 Million in Third Quarter
Democratic Senate candidates have generally out-raised Republicans, but are struggling to match outside spending from Trump-affiliated groups.
Novant Health drives $4.33B in regional economic impact, study says
Novant Health Coastal Region generates an annual overall economic impact of $4.33 billion in the Wilmington Metropolitan Statistical Area (MSA), according to a new report. Commissioned by Novant Health and conducted by Mouhcine Guettabi, associate professor of economics at the University of North Carolina Wilmington and the area’s regional economist, the report evaluates population growth in New Hanover, Brunswick and Pender counties and whether the area’s healthcare infrastructure is positioned to meet the region’s demand. According to the study, while healthcare employment has kept pace with population growth in New Hanover and Pender counties, it has not kept up with the rapid population growth in Brunswick County, which is skewed toward an older population. “It points very clearly to Brunswick County being the bottleneck, or being the place where investment is most needed,” Guettabi said to the Business Journal Friday, “because the growth is the fastest, the composition of the growth is older (adults) and demand for healthcare is much higher for the subpopulation.” The Novant Health Coastal Region employs 8,295 full-time equivalent workers, according to the report, and is the region’s largest employer. Overall, through direct, indirect and induced impacts, the Novant Health Coastal Region supports 19,573 jobs, the report said. Using data collected from internal payroll, financial and capital reports, the report estimates that Novant Health Coastal Region pays approximately $1.15 billion in total compensation to its employees. According to the study, the provider’s annual operating expenditures, or direct economic impact, total $2.36 billion. That direct impact ripples through the regional economy through spending at its suppliers, or indirect impact, and household spending by staff and its suppliers’ workers, or induced impact. The report estimates the Novant Health Coastal Region’s indirect economic impact is $786 million, reflecting the multiplying effect of the provider’s operating expenses on expenditures like medical supplies, facilities, food, IT and professional services. Because 86.9% of Novant Health Coastal Region employees live within the tri-county region, the report estimates that wages paid by Novant circulate into the regional economy, creating an induced economic impact of $1.17 billion. “That money just doesn’t go into thin air,” Guettabi said of the wages paid to Novant Health Coastal Region employees. “Some of that money is being re-spent, and therefore it’s supporting grocery stores, hiring, restaurants and bars, and there are a lot of other companies or organizations whose employment, whose activity partially depends on that.” The combination of direct ($2.36 billion), indirect ($786 million), and induced ($1.17 billion) impacts totals an estimated $4.33 billion, according to the report. A study commissioned by Novant Health in 2024 and conducted by FTI Consulting’s Center for Healthcare Economics and Policy found that Novant Health generated nearly $2 billion of direct impact, with $628 million in indirect impact and $857 million in induced impact. Healthcare investments in the pipeline for Brunswick County Additionally, the study found that while healthcare employment has kept pace with population growth in New Hanover and Pender counties, it lags in Brunswick County. “Once you go below the metro level and you decompose the three counties that make up the Wilmington Metro,” Guettabi said, “it becomes fairly clear that Brunswick is the standout. And not only that, but clearly the growth there is fully domestic migration and largely retiree-driven migrants.” Using data from the Centers for Medicare and Medicaid Services on per-capita healthcare spending among age groups, Guettabi estimates that adults aged 65 and older demand 2.44 times the healthcare of working-age adults. “The share of the population in Brunswick County that’s over the age of 65 is 33%,” Guettabi said, “which is so much higher than the average share of people over the age of 65 within the state or within the country.” The report emphasizes that Brunswick County is the “strongest candidate” for new healthcare investment, adding that patient discharge records show Brunswick residents rely heavily on facilities in New Hanover County for inpatient care. “Investments in Brunswick County would not only meet the demand for those residents, but it would also relieve pressure for New Hanover County residents,” Guettabi said. Laurie Whalin, president of the Novant Health Coastal Region, told the Business Journal Friday that the provider plans to expand services at Novant Health Brunswick Medical Center, in addition to other investments in the area. In April, the state granted conditional approval to both Novant Health and Columbus Regional Healthcare System to build new hospitals, just miles apart, on either side of the Columbus County and Brunswick County borders. Columbus Regional’s $214 million 30-bed hospital would be located at the former Acme-Delco Middle School in Delco, according to the application. The project’s approved timetable has construction slated to finish in May 2029, with the hospital open for service by October 2029. The Whiteville-based provider, which Atrium Health manages, broke ground on an Advanced Care facility in December 2025 and operates four specialty clinics in Leland. Meanwhile, Novant Health’s proposed $251 million 20-bed hospital would be built just miles from Columbus Regional’s proposed hospital, near the Compass Pointe community in Leland. The provider estimates the hospital will open by 2030. State officials also approved Novant Health in March to build a freestanding emergency department in Carolina Shores, near U.S. 17. The project is estimated to cost $24 million, according to the application, and will operate under the Novant Health Brunswick Medical Center license. Additionally, Novant Health’s 16,000-square-foot ambulatory surgery center is slated to open in Leland by year’s end, officials said.
Did Strong Q4 EPS Gains Just Shift National HealthCare's (NHC) Investment Narrative?
National HealthCare Corporation reported past fourth-quarter 2025 results with revenue of US$386.51 million and net income of US$24.85 million, and full-year 2025 revenue of US$1.52 billion with net income of US$120.02 million. The sharp year-over-year increase in quarterly earnings per share from continuing operations, from US$0.39 basic to US$1.60, underscores meaningful efficiency and profitability gains. Next, we’ll examine how this earnings-driven improvement in profitability shapes...
Quarterly income up almost 5% for Centennial Bank parent company
Conway-based Home BancShares on Wednesday (Oct. 14) reported third-quarter net income of $129.451 million, up 4.7% compared with the same period in 2025. The per share earnings of 65 cents...
Republican Groups Rush to Paxton’s Aid in Texas After Staying on Sidelines
An organization allied with Senate G.O.P. leaders has booked more than $51 million in ads. Now, Ken Paxton has a financial edge after months of being outspent by his Democratic rival.
Seahawks Face $51 Million Rashid Shaheed Question Before Camp
Rashid Shaheed already changed games for Seattle on special teams. His next Seahawks challenge could be becoming a consistent offensive weapon. The post Seahawks Face $51 Million Rashid Shaheed Question Before Camp appeared first on HEAVY.