NEW YORK — Aon has agreed to acquire USI Insurance Services in a $17 billion transaction, one of the largest insurance-brokerage deals in years and another major sign that the business of managing corporate risk is becoming increasingly valuable.

USI is one of the largest privately held insurance brokerages in the United States, with about $3 billion in annual revenue, more than 10,500 employees and nearly 200 offices across the country.

The company focuses heavily on the middle market — businesses large enough to face complicated insurance and employee-benefit needs, but often not large enough to maintain massive internal risk-management departments.

That is exactly the market Aon wants more of.

Aon is already one of the world’s biggest insurance and risk-advisory companies. It helps businesses buy coverage, structure employee benefits, analyze financial exposure and prepare for risks ranging from cyberattacks and lawsuits to natural disasters and rising healthcare costs.

Buying USI gives Aon a much larger direct relationship with thousands of American businesses.

The deal also reflects a broader change taking place across corporate America.

Insurance has become much more complicated.

Companies are facing larger cyber risks. Property coverage has become more expensive in areas exposed to hurricanes, wildfires and flooding. Healthcare costs continue to rise. Lawsuits and regulatory risks have become more difficult to predict.

As those risks increase, businesses are relying more heavily on brokers and consultants to help determine what coverage they need, what risks they should retain themselves and how much protection they can afford.

That makes the broker sitting between a company and the insurance market increasingly important.

Aon is paying heavily to own more of those relationships.

The transaction also follows Aon’s approximately $13 billion acquisition of NFP in 2024, another major expansion into middle-market insurance and employee benefits.

Taken together, the two deals show that Aon is not simply growing through small acquisitions.

It is spending tens of billions of dollars to become much larger in the segment serving midsized American businesses.

For KKR, the private-equity firm that invested in USI in 2017, the sale represents a major return.

USI expanded significantly during KKR’s ownership, and the investment firm is expected to generate roughly a sixfold return on its original investment.

That helps explain why insurance brokerages have become attractive private-equity assets.

Brokerages generally do not assume the enormous financial risk carried by insurance companies themselves. Instead, they earn commissions and fees by helping clients purchase and manage coverage.

When insurance prices rise or companies need more sophisticated advice, brokerage revenue can grow without the broker having to pay the underlying insurance claims.

That business model has made large brokerage platforms increasingly valuable.

The acquisition will also give Aon more scale when negotiating with insurers.

A broker representing a much larger pool of corporate clients can potentially bring more business to insurance carriers, giving it greater leverage when negotiating pricing, coverage terms and specialized policies.

USI CEO Mike Sicard is expected to lead Aon’s expanded middle-market operation after the transaction is completed.

For business owners, the deal may sound like another Wall Street acquisition, but it points to something much broader.

The cost and complexity of protecting a company are rising.

Cybersecurity, employee healthcare, property damage, lawsuits and other risks increasingly affect businesses of virtually every size.

And as those risks become harder to manage, the companies advising businesses on how to protect themselves are becoming bigger businesses themselves.

Aon is now putting $17 billion behind that bet.

JBizNews Desk | New York

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BENTONVILLE, Ark. — Billions of dollars in tariff refunds are beginning to work their way back toward American consumers, with major retailers using the money to cut prices, expand promotions and hold down costs on everyday merchandise.

Walmart has received substantially all of the roughly $2.9 billion in tariff refunds it expected, according to current reporting, and the company says it had more than 11,000 items on rollback during its latest quarter.

Other retailers, including e.l.f. Beauty, Tractor Supply and SharkNinja, are also using tariff-related refunds to reduce prices or limit increases.

That matters because tariff refunds can be handled in several ways.

Companies can keep the money, use it to repair margins, reinvest it in operations or pass at least part of the savings back to customers.

The current shift suggests more retailers are choosing to compete on price.

For Walmart, the strategy is particularly important because of its scale.

The company sells groceries, household goods, clothing, electronics and other everyday products to millions of Americans each week. Even relatively small price reductions across thousands of items can add up quickly for consumers.

It also puts pressure on competitors.

When the country’s largest retailer cuts prices or expands rollbacks, rivals often have to respond with their own promotions to avoid losing traffic.

The broader backdrop is still complicated.

Retailers continue dealing with high labor costs, transportation expenses and inflation across parts of the supply chain. Tariff refunds do not erase those pressures.

But they can create breathing room.

For shoppers, the important distinction is that these refunds are no longer just showing up as accounting gains inside corporate earnings reports.

They are starting to appear on shelves.

If that trend continues, tariff refunds could become one of the more meaningful sources of price relief consumers see heading into the fall.

JBizNews Desk | Bentonville, Arkansas

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Italian fishermen for two years incinerated most of the invasive Atlantic blue crabs caught in the Po River Delta south of Venice. Few Italians had an appetite for the alien predator blamed for decimating their prized Manila clams.

While experiments in containment continue, including the release of tens of thousands of octopus predators, the industry’s response has been shifting to find new markets for the crustaceans. The strategy is already salvaging the livelihood of some fishermen and, some hope, may even rehabilitate the much-maligned crab’s image in Italy.

Fishermen pivot to salvage livelihoods

Like other members of his local cooperative, second-generation fisherman Federico Zago saw his income crash after the crab invasion. The Polesine Fishermen’s Cooperative Consortium’s revenues fell 75% to 15 million euros ($17 million) in 2024 and 2025; the cooperative’s active members also shrank from 1,500 to 850.

“We needed to change strategy, and create an opportunity from this disaster,” said Paolo Mancin, the cooperative’s president.

Desperate, they pivoted to exporting the unwanted crabs, with the aim of preserving the Manila clams — invasive themselves — and mussels that created decades of prosperity in the shallow lagoons of Veneto and Emilia Romagna.

Zago now pulls up cages full of crabs from his traditional fishing cabin built on stilts over the Scardovari lagoon in the Veneto region. And the consortium’s strategy is working; so far this year it has sold every crab it has caught, eliminating the need for incineration. It forecasts 20 million euros ($23 million) in revenue this year, most from sales of crab.

“Since we’re going to have to live with these crabs, I hope they become an opportunity,” said Zago. “I hope the market continues to grow.”

Climate change creates perfect conditions for invasive crab

The Atlantic blue crab has been present in the Adriatic Sea since at least the 1940s, arriving in ballast water from commercial vessels, according to Piero Genovesi, an invasive species expert at Italy’s environmental protection institute.

Their numbers remained contained until 2023, and local fishermen reported catching them only sporadically.

Then came the explosion. Crabs tore through fishing nets, devoured mollusks at an alarming rate and edged out the native green crab, a local soft-shell specialty.

Climate change played a key role. Higher water temperatures favor blue crabs’ reproduction, but the real trigger was likely drought-driven drops in the Po River’s levels. That allowed sea water to infiltrate freshwater tributaries across the peninsula, especially in lagoons and deltas where clam and mussel farms provided ample prey.

“Climate change may therefore have favored reproduction through both temperature and salinity, because it changed the salinity of the water,’’ Genovesi said.

Eradication program failed

Reeling from damage to the mollusk industry, the Italian government adopted a blue crab eradication program in 2024. Over two years, the government paid the Polesine to catch and incinerate nearly 2.3 million kilograms (5 million pounds) of crabs. Fishermen in the neighboring Sacca di Goro lagoon and the Orbetello lagoon in Tuscany did the same.

But with female crabs able to produce up to 8 million eggs every season, culling barely dented their numbers. The project has been shelved, said Enrico Caterino, the government’s extraordinary commissioner for the blue crab emergency.

University of Bologna scientists this summer released 150,000 baby octopuses into the Adriatic Sea on the Riviera Romagnola, some two hours south of the Po Delta, promoting their project with an impressive video showing an adult octopus grabbing and devouring a crab.

Most octopus babies aren’t expected to survive. And given their preference for rocky environments over sandy lagoons and the crabs’ reproductive prowess, fishermen and experts alike are skeptical.

“If an animal with such high reproductive potential finds suitable environmental conditions, predators may not be able to keep it under control,” Genovesi said.

Fishermen deliver crabs bound for Sri Lanka

Each morning, Italian fishermen unload crates of scuttling crabs from the backs of their cars and trucks, 100-150 kilograms (up to 330 pounds) at a time.

Crab sales may be keeping the fishermen afloat, but their earnings remain nowhere near those of the clam industry’s heyday. Crab fetches just 1.30 euros per kilogram, compared with 10 euros for clams, which once generated 90% of their income but now account for just 10%.

Their crabs are steamed, frozen and packed into boxes to be shipped to Sri Lanka, where workers remove the meat by hand. The joint venture between Sri Lankan company Taprobane Seafoods and the Scardovari consortium churns out a range of crab products, from claw meat to mixed meat and fillet. Most is exported to other markets, with just a small quantity returning to Italy. Taprobane is forecasting large-scale retail expansion in Italy and Europe.

Mancin says he hopes the meat that arrives packed from Sri Lanka will help win over Italians who have so far resisted the “If you can’t beat ‘em, eat ’em” campaign launched in 2023.

Working to change Italian tastes

Despite the efforts, blue crab is mostly absent from top restaurants around Venice that specialize in the native green crab, due both to the labor involved in processing the invader species and its bad rap, according to the FIPE Venice restaurant federation.

The Yogi restaurant and bar in Porto Tolle on the Po Delta is an exception, having fully embraced the blue crab out of passion and necessity — finding themselves empty-handed after the invasion.

Owner and chef Stefania Marchesini, who fished professionally herself for 11 years, pays a premium to local fishermen, especially for soft-shell crabs known in the local dialect as moeche.

She offers an all-crab menu in her family-run restaurant, featuring fried crab balls, creamed crab on polenta, soft-shell crab and sectioned crab in the shell — each recipe capturing the crab’s delicate flavors.

“At first, the customer is very skeptical. But then the reaction is completely positive, and they want to try the entire range of products,” she said.

Marchesini also has a separate workshop where she prepares crab to sell to other restaurants — but business has so far been disappointing. Her commercial fare includes moeche individually packed in plastic envelopes, and full crabs already broken apart, under vacuum, to make them easier to prepare and less messy to eat.

Even at restaurants where the products sell out, owners are reluctant to restock. Marchesini chalks it up to cultural resistance, but she is undeterred. Recently she brought her menu to Barcelona’s Alimentaria, one of the world’s largest food and beverage trade fairs.

“We are all angry because it invaded our seas,” Marchesini said. “But we also have to eat. Once people understand how it should be prepared, they will realize it is an excellent product.”
___

The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

This story was originally featured on Fortune.com

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AI-powered cyberattacks against critical infrastructure are no longer a future threat; they are already happening, Check Point Chief of Staff Gil Messing warned in an interview with 103FM on Monday.

Messing addressed a joint warning from major technology companies about the possibility that hostile actors could exploit artificial intelligence to attack critical infrastructure.

“The unusual call comes because more than 100 significant companies around the world, including us, have joined in saying that what has been happening cannot continue,” Messing said. “It is becoming more dangerous, and it is not that this will happen soon; it is already happening.”

According to Messing, the emergence of increasingly powerful artificial intelligence models has erased much of the gap that once separated major powers from smaller actors in mounting sophisticated cyberattacks.

“Since those significant models from OpenAI, Anthropic, and others were released, at levels we had never seen before, the gaps that previously existed between powers and actors that are not major powers in their ability to create cyberattacks have disappeared,” he said. 

Check Point Chief of Staff Gil Messing. (credit: CHECK POINT)

“The models allow almost anyone with a little knowledge to create attacks and vulnerabilities that have never been seen before. This tool, which is like a weapon, is reaching everyone’s hands, and that is at the heart of the approach of the new AI companies, so the attacks have become more sophisticated and more frequent.”

Messing: Cyberattacks exploit software vulnerabilities, can lead to critical shutdowns

Messing said cyberattacks generally rely on exploiting vulnerabilities in software, with the consequences ranging from service disruptions to data theft, system crashes, encryption of information, and the shutdown of critical systems.

“The entire cyber world ultimately works on the fact that there is software with a vulnerability through which someone gets in, exploits it, and that becomes an attack,” he said. “At the end of the process, what we see is something that does not work, something being shut down, information being stolen, a crash or encryption, and systems that stop functioning.”

“The models make possible, although they should not make possible, attacks unlike anything we have seen before, without human involvement,” Messing continued. “It has reached the point where the models sometimes attack on their own without a person controlling them and asking them to do it, and that gets out of control. There is an attempt to tell the world that there is something different here.

“Everyone needs to cooperate because this is not the world we knew before,” he continued. “We are in a new era. What exists now is not good enough to stop it, and cooperation is needed.”

Messing said addressing the threat would require action in three main areas, starting with ensuring organizations regularly update their software.

“There are three main components, and if we deal with them, we will deal with most of the problem,” he said. “One is the issue of version updates, because organizations have to constantly update their versions. They do not know how to do this because they do not have enough manpower, so more personnel need to be trained to deal with it.”

Trained professionals needed to deal with threat, Messing says

He added that trained professionals would need to operate those systems, while governments would have to establish appropriate regulation for the rapidly developing AI sector.

“There are the people who need to operate it, and there are governments that need to regulate what is happening now with AI models,” Messing said. “If we do not deal with each of these components, we will not have the tools to deal with the attacks that are taking place. As the models continue to develop, if there is no effort to stop or confront this, then the warning from the companies is that we will face a world in which breaches will be significant and painful.”

This post was originally published on here. 

The IDF late Tuesday-early Wednesday announced the firing of an IDF reservist commander who, along with his soldiers, was caught on video praying with Jewish extremists, some of whom attacked and some of whom placed Palestinian civilians under siege in the West Bank village of Kusra, which is a Palestinian-controlled area.

The unit had been assigned to facilitate efforts to prevent attacks on Palestinians and to eventually remove the extremist Jews from the area.

What was described as a siege, which started on August 9, and with some Palestinians saying that aspects of the siege continue even now, though there has been stronger IDF protection for the Palestinians after the early days of the siege, led to an August 10 video sparking accusations that the IDF was working or indirectly supporting the Jewish extremist violence.

Later, other IDF troops were brought in to remove the illegal outpost multiple times where the first IDF soldiers had been filmed praying with the Jewish extremists; it was later removed, but the Palestinians say that Jewish extremists continue to return to the area. 

In the IDF’s statement, the military said the commander’s conduct was “contrary to what was expected of him and contrary to the instructions given to him.”

Israeli soldiers stand in front of an Israeli settler who entered onto the property of Palestinian-American Loui Ridi, in Kusra, August 18, 2026. (credit:  REUTERS/Ammar Awad)

Explicitly ordered not to identify with Jewish extremists

According to the IDF, the commander has been explicitly ordered to avoid taking any actions which might be in any way interpreted as identifying with the Jewish extremists or support for their illegal conduct.

His soldiers who prayed with the Jewish extremists, however, were not reprimanded, as they believed they were following orders that he had issued lawfully, the IDF explained.

A military source said that if the reservist wanted to continue serving in the military, he would be permitted to do so, but not in a command role.

This past weekend, some of the extremists temporarily took over one of the Palestinian houses in the village before they were forced out.

Some of the extremists also beat and attacked global media who tried to cover the events.

Despite many of the Jewish extremists’ faces being caught on video, it appears that they have not been arrested and may not be, at least under the current police leadership, which follows the orders of National Security Minister Itamar Ben Gvir to mostly stay out of cases of Jews attacking Palestinians.

Last week, IDF Chief of Staff Lt.-Gen. Eyal Zamir announced that he was expanding the IDF forces being used to maintain public order in Judea and Samaria leading into the upcoming fall Jewish holidays.

The Jerusalem Post understands that the volume of forces will be more than double the pre-October 7 force size of around 11 battalions, which at times has grown to 15-20 battalions, but will temporarily grow even more.

Zamir: West Bank extremist violence out of control

Zamir warned the government that Jewish extremist violence has run out of control and that greater backing is needed from the government, including Prime Minister Benjamin Netanyahu and others actively restraining political officials from provocative actions. 

Religious Zionist MK Zvi Sukkot entered the West Bank village of Madama near Nablus last week during an IDF-escorted tour and participated in destroying a monument that appeared to honor members of the al-Aqsa Martyrs Brigades and Palestinians killed during the intifada.

According to the IDF, Sukkot requested military protection for what he told them would be an innocent tour of monuments. Soldiers were diverted from serious operational duties to provide security. The IDF stated that Sukkot double-crossed them and destroyed the monument without authorization, leading to a global uproar and condemnation of Israel for state-sanctioned destruction of monuments.

All of this takes place as IDF officials have said Jewish extremist violence has reached new levels, with hundreds of extremists recently drawing out a conflict with the IDF at the Palestinian village of Kusra.

It also takes place as IDF and Shin Bet officials say that the police, after three years under Itamar Ben Gvir, have reached highly problematic lows in terms of arresting and helping indict Jewish extremists in the West Bank.

Accordingly, Zamir has brought in the Golani Brigade and the Paratroopers Brigade to supplement the standard forces in the area, some of which have appeared too sympathetic to Jewish extremists attacking Palestinian villages.

However, without more backing from the government, Zamir warned that even increased IDF forces will be insufficient.

Further, the IDF chief noted that moving more elite forces into Judea and Samaria risks leaving the more dangerous northern and southern borders less defended, and will also mean fewer soldiers get off for the upcoming holidays.

This post was originally published on here. 

Europe’s accelerating reliance on Israeli air-defense technology has pushed the value of Israeli air-defense deals with European Union countries past an almost unimaginable $15 billion in less than five years, as the continent scrambles to rebuild defenses neglected after the Cold War.

In the 1990s, when Israel accelerated the development of the Arrow missile at Israel Aerospace Industries with American funding to intercept ballistic missiles, Europeans regarded the costly technological effort with indifference. 

The Soviet Union had collapsed, the Cold War was over, and European governments redirected defense budgets toward education, infrastructure, healthcare and culture. If anything happened, the United States would protect them.

The formal signing in Tel Aviv of the “Achilles Shield” deal, worth some €3.5 billion, is not only a commercial and diplomatic achievement for the Defense Ministry, Rafael Advanced Defense Systems and Israel Aerospace Industries. It is also the final seal on a tectonic shift in Europe’s defense procurement landscape.

But Europe failed to internalize its lesson. When the old threats returned, European countries found themselves with weakened defense industries and an unpredictable American partner that demanded they invest in defense again and made clear that they could no longer simply rely on Washington.

People stand in front of the Arrow 3 system during an event of the German Air Force at the Annaburger Heide Air Base in Schoenewalde/Holzdorf, eastern Germany, December 3, 2025 (credit: RALF HIRSCHBERGER/AFP via Getty Images)

Since 2021, in less than five years, a continent that lived for decades under the illusion of a “peace dividend” has discovered that its skies are almost entirely exposed. The result has been a series of Israeli air-defense deals in European Union countries worth more than $15 billion.

Europe’s procurement map shows its growing dependence on Israeli technology. Germany leads the list. In 2023, it signed the largest defense export deal in Israel’s history, purchasing the Arrow 3 system for approximately $3.6 billion. At the end of 2025, the Bundestag approved an additional expansion deal worth about $3.1 billion.

Germany has thus become a customer worth roughly $6.7 billion, with the Israeli system serving as the backbone of the European Sky Shield Initiative.

Other major deals have followed. Romania purchased short- and medium-range SPYDER systems for approximately $2.3 billion. The Czech Republic and Slovakia purchased SPYDER and Barak MX systems worth more than $1.2 billion combined to replace aging Soviet air-defense systems.

Finland purchases David’s Sling immediately after joining NATO

Finland purchased David’s Sling for approximately $345 million immediately after joining NATO, while Cyprus acquired Barak MX systems in deals worth hundreds of millions of euros.

The main force driving the rapid procurement campaign is Russia’s invasion of Ukraine, which demonstrated that the modern battlefield relies on a deadly combination of ballistic missiles, cruise missiles, and swarms of suicide drones. European countries discovered that both domestic and American defense industries suffer from severe bottlenecks and delivery schedules stretching over many years.

Faced with that gap, Israel’s defense industries offered two decisive advantages: industrial flexibility, with relatively short delivery times and lower prices, and, above all, an unprecedented operational record.

Successful interceptions by the Arrow, David’s Sling and Barak systems against complex missile and drone attacks from Iran demonstrated to European decision-makers that these are systems tested under fire in real time. No competitor in the world can present an equivalent advantage. That has helped justify signing deals despite political criticism over the large number of Palestinian civilians killed and wounded in Gaza.

For the Israeli economy, the wave of deals represents a major growth engine. Tens of billions of shekels flowing into state-owned and private companies have pushed order backlogs to record highs, led to the rapid expansion of production lines in Israel, and created thousands of high-quality jobs for engineers and industrial workers.

IAI, Rafael, Elbit, and Tomer have hired thousands of new employees in recent years

Israel Aerospace Industries, Rafael, Elbit Systems, and state-owned Tomer, which manufactures engines for many Israeli missiles, have hired thousands of new employees in recent years.

Beyond that, the unusually high profitability of these export deals is channeling huge sums directly into research and development, ensuring continued funding for the next generation of defensive layers. These include laser systems and future interceptors intended to preserve Israel’s technological and security advantage.

Germany is considered a potential customer for Arrow 4, which is intended to replace Arrow 2 in intercepting ballistic missiles within the atmosphere, despite a French effort to promote French interceptors for the role. In Ukraine, those French systems proved less effective than the American Patriot system.

The Americans’ difficulty in producing enough Patriot interceptors for the US military and its allies has also contributed to delays in supplying the system to new customers. An effort to raise annual production from 600 to 2,000 interceptors is progressing slowly and would still be insufficient in the event of a war with China.

Switzerland, for example, will not receive its deliveries between 2029 and 2033 as originally expected and is now searching for an alternative. Political constraints, however, are likely to lead it toward purchasing the French system, in the absence of the independence and willingness to act demonstrated by Finland when it purchased Israel’s David’s Sling.

The main potential threat to Israel’s dominance in the field comes from Ukrainian industries, which are now developing cheap and readily available interceptors as alternatives to the Patriot.

These systems have not yet been tested, but Ukraine has significant missile expertise and has already unveiled a ballistic missile with a range of 300 km. If Ukrainian companies develop an effective operational interceptor, it could compete with Israeli systems in future tenders, with considerable goodwill in Europe toward supporting Ukrainian industry.

This post was originally published on here. 

US Navy aircraft carrier Abraham Lincoln arrived in port in eastern Thailand on Wednesday after 286 days at sea, including a lengthy deployment in the Middle East, amid reports of mental health concerns and deteriorating conditions on board.

The nuclear-powered Lincoln, with roughly ​5,000 personnel, was involved in the US naval blockade and combat operations in the war with Iran and – according to ​Democratic lawmakers – set a modern-day record for consecutive days at sea.

Accompanied by other US naval vessels, the Lincoln arrived early Wednesday in Thailand, the United States’ only treaty partner in mainland Southeast Asia, for rest and recuperation during a visit that Thai officials said would last five days.

By afternoon, busloads of sailors and Marines wearing civilian clothes, many smiling and waving, started arriving at a hotel in the resort city of Pattaya, about 150 km  southeast of Bangkok.

Strike group achieved ‘truly historical’ accomplishments

“Our arrival in Laem Chabang provides a well-deserved opportunity for our Sailors and Marines to rest and recharge,” the commander of Carrier Strike Group 3, Rear Admiral Robert E. Loughran, said in a statement.

Captain Dan Keeler, USS Abraham Lincoln's commanding officer, gives a souvenir to Pattaya Mayor Poramase Ngampiches as members of the US military arrive at Hard Rock Hotel Pattaya for a welcoming ceremony, in Pattaya, Thailand September 2, 2026.  (credit: REUTERS/Chalinee Thirasupa)

“What this strike group has accomplished is truly historic. I could not be prouder of the exceptional professionalism and expertise demonstrated by every member of this team during our operations.”

The Lincoln was deployed last November. Typically naval deployments are for between six and nine months, but those can be extended during times of conflict.

Eastern Thailand is long accustomed to port visits by the US Navy and has a relationship going back to the Vietnam War, when Pattaya was a sleepy beach town close to a naval base and an airfield used by US bombers, with thousands of US personnel based in the area.

Thailand became a US treaty ally in 1954 before being designated a major non-NATO ally in 2003. The two countries’ militaries maintain strong ties and hold joint exercises every year.

The Lincoln, its broad flight deck packed with helicopters and warplanes, including the latest F-35 fighter jets, arrived in Laem Chabang early on Wednesday, and the guided-missile destroyer USS Frank E. Petersen Jr. docked in nearby Sri Racha.

Both vessels were streaked with rust and showed mottled paint along the waterlines. A third ship, the guided-missile cruiser USS Robert Smalls, arrived in the port of Map Tha Phut.

Port visit raises hopes of economic boost for Pattaya

The port visit has raised hopes of an economic boost for Pattaya, which also has a long-standing reputation as a sex tourism destination.

The city’s mayor, Poramase Ngampiches, met the commander of the Lincoln on Wednesday and said US officials had placed restrictions on the crew’s activities during the stay, including on water sports and visiting certain entertainment zones after sunset, which he said could present a negative image.

Police will deploy additional patrols around Pattaya’s main beachfront and nightlife district, following raids ​over the weekend and the arrest of 40 to 50 people for suspected prostitution.

Although illegal in Thailand, the sex industry operates openly in tourism ​hubs, including in Bangkok, Phuket and Pattaya, despite occasional crackdowns.

On the eve of the Lincoln‘s arrival, Pattaya street vendors near the city’s infamous “Walking Street” nightlife zone were excited by the prospect of a boost in sales.

This post was originally published on here. 

The attempted drone attack at Leipzig/Halle Airport in Germany had all the hallmarks of state-sponsored terrorism, the European Union’s foreign policy chief Kaja Kallas said on Wednesday, adding that Europe needs to coordinate on what more can be done given the escalation of Russia’s attacks on Ukraine.

Speaking ahead of an informal gathering of European foreign ministers in Ireland, Kallas also said that work is ongoing on 1,600 sanctions listings related to Russia’s military complex and “maybe there are more to be added.”

European Commission chief Ursula von der Leyen vowed to increase pressure on Russia, especially after the attempted attack at Leipzig that she said showed Moscow’s growing “recklessness.”

Airport workers last month found a drone laden with explosives and a detonator at the airport, an important civilian freight and NATO logistics hub in eastern Germany that is also a base for several giant Ukrainian Antonov An-124 cargo planes.

Russia denies involvement in Leipzig incident

Germany blamed Moscow for the attack, characterizing it as part of hybrid warfare meant to intimidate and cause divisions in countries that have rallied around Ukraine since Russia’s 2022 invasion.

(Illustrative) Police officers work in the vicinity of an Antonov cargo plane, near which a drone was found, at Leipzig/Halle Airport in Schkeuditz, Germany, August 5, 2026, after the police said explosives experts examined a drone near a runway. (credit: REUTERS/AXEL SCHMIDT)

Russia denies involvement. It says it will respond to what its foreign ministry spokesperson called “anti-Russian action,” and summoned Germany’s top diplomat in Moscow.

“Europe and NATO will not just maintain our pressure on Russia; we will increase it, and we will not stop – not until Russia stops bombing and killing innocent children, men and women in Ukraine,” von der Leyen said in Brussels after a meeting with NATO Secretary General Mark Rutte.

“Europeans are faced with the hard truth that this is the new normal. We have to step up, and that means being ready to respond to Russia’s recklessness faster and better.”

The full scope of new sanctions was not immediately clear.

Kallas said the bloc was working on sanctions related to Russia’s military complex, and France’s foreign minister called for action against Russia’s so-called “shadow fleet” of ships accused of circumventing energy sanctions.

Rutte said more drones and missiles had crossed into NATO airspace on Europe’s eastern flank, and there was an increase in malign activities including the Leipzig attack.

“If Russia thinks we will be divided by the threat, or if they think we will be deterred from supporting Ukraine, they are mistaken,” he said.

The EU and several EU member states summoned Russian embassy officials. Germany said it would close Russia’s consulate general in Bonn and terminate its agreement with the Russian House cultural center in Berlin.

Two suspects identified in Leipzig attack investigation

Details of two Leipzig attack suspects were reported by German media outlets Sueddeutsche Zeitung, NDR and WDR.

Investigators have identified the logistics coordinator and instructor behind the attack, the outlets reported.

The man, Russian-born but holding a Latvian passport, was believed to have ties to Russian intelligence, they said. He is thought to have flown into Berlin in late July and driven a rental car towards Leipzig. Two days before the failed drone attack, the suspect left Germany by plane, they reported.

The second suspect was a man from Belarus who also holds a Russian passport and is thought to have entered the country on an Italian tourist visa obtained in Minsk, the outlets said.

Germany’s Public Prosecutor General did not immediately respond to a request for comment. Russia also did not immediately comment further on the case.

Germany probes sabotage cases

As the EU prepared its response, Germany was grappling with two new suspected sabotage cases within 24 hours.

In the first, authorities were investigating vandalism at a substation in the western state of North Rhine-Westphalia (NRW) that prompted lignite power plant units with 4,200 megawatts (MW) in combined capacity to go off the grid.

In the other, also on Tuesday, devices carrying conductive material damaged power lines at one of the most critical high-voltage nodes in the eastern state of Brandenburg.

NRW’s interior minister said the work of foreign powers or left-wing extremists could not be ruled out.

Brandenburg’s interior minister, Jan Redmann, said there appeared to be parallels between the attacks but that investigations were at an early stage.

The incidents come at a sensitive time as the far-right Alternative for Germany (AfD), which calls for closer ties to Moscow, is topping polls before a state election this weekend.

Lawmaker Alexander Throm, an interior policy expert from Germany’s ruling conservatives, said it was striking that such incidents were occurring before elections.

“The clear goal is to unsettle the public. Of course, that is a goal shared not only by Russia but also by others, such as left-wing extremists,” Throm told Reuters.

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Settler violence in the West Bank is causing diplomatic damage to Israel but has declined in recent months, while an Israeli attempt to reach a security agreement with Syria has failed, a senior Israeli diplomatic official said on Wednesday.

According to the official, the number of violent incidents involving settlers, including serious incidents, has fallen in recent months, while enforcement activity and arrests have increased.

The official described March as a “peak month,” saying that both the overall number of incidents and the number of serious incidents declined between March and July. At the same time, enforcement increased.

“The phenomenon still exists. It needs to be dealt with,” the official said. “We certainly see the damage caused as a result of it.”

Israeli soldiers stand in front of an Israeli settler who entered onto the property of Palestinian-American Loui Ridi, in Kusra, August 18, 2026. (credit:  REUTERS/Ammar Awad)

Foreign Ministry working to combat damage caused by West Bank settler violence

Israel is acting on several fronts to combat the phenomenon, the official said, ranging from deploying additional personnel and increasing enforcement on the ground to other measures aimed at addressing those behind the violence.

Amid international criticism, the Foreign Ministry is also working to present more clearly the steps Israeli authorities are taking against Israelis involved in violent incidents, the official added.

“We asked to show, not just tell, the enforcement actions,” the official said. According to the official, this was also why footage of arrests and legal proceedings has been released recently. The goal is to demonstrate internationally that Israeli authorities are taking action against those involved in violence.

The official sought to distinguish the violence issue from the broader dispute between Israel and European countries over Israeli settlement in the West Bank. Israel rejects the European position regarding settlements, the official said, while at the same time continuing to act against Israelis involved in violence.

The official also noted that Finance Minister Bezalel Smotrich had published an article opposing the phenomenon and addressed the relevant public on the issue.

Defense agreement falls through with Syria, Israeli official says

On Syria, the official confirmed that an attempt to reach a security agreement between Israel and the government in Damascus had failed.

“We tried to reach a security agreement. In the end, it did not succeed,” the official said.

One development that complicated the talks was the easing of sanctions imposed on Syria, according to the official.

“Syrian motivation to move forward with such an agreement declined when certain sanctions on Syria were lifted,” the official said.

Another central issue was the buffer zone. Israel was unwilling to accept an agreement that would require it to withdraw from the area.

“We did not think that, as part of a security arrangement or security agreement, we should withdraw from the buffer zone, which is a security asset,” the official said.

Despite the failure to reach an agreement, communication channels with Damascus remain active.

“The State of Israel has communication channels with the Syrian regime,” the official said.

The dialogue is taking place on several levels and concerns, among other things, security arrangements in southern Syria.

“I can’t go into all the content, but there are channels in which dialogue is taking place. We try in this dialogue to preserve the interests of the State of Israel, the security interests,” the official said.

Hamas disarmament stalls in Gaza, Israel working to keep diplomatic negotiations alive with the US

Regarding Gaza, the official said there had so far been no breakthrough on what Israel considers the central issue, the disarmament of Hamas.

“Unfortunately, there is no progress on the issue of disarmament,” the official said.

Israel does not want the diplomatic track with the Americans and the Peace Council to collapse, the official said, but insists it include the conditions Israel believes were established in the original plan.

“Our basic argument was that the 15-point plan does not correspond with the 20-point plan,” the official said. “We have no interest in the plan collapsing. We have an interest in the plan being implemented, but from our perspective, implementing the plan means implementing all of its conditions.”

Two working groups are operating between Israel and the Peace Council, one dealing with the disarmament of Hamas and the other with humanitarian issues, according to the official.

Even if there is skepticism about the prospects of achieving all of Israel’s objectives through the diplomatic track, Israel wants to exhaust that avenue as long as it offers an opportunity to achieve some of the goals of the war, the official said.

Israel also continues to link the disarmament of Hamas to the reconstruction of the Gaza Strip.

“We have always emphasized that the issue of reconstruction is linked to the issue of disarmament,” the official said.

The international stabilization force, the ISF, has also not yet reached the implementation stage. According to the official, discussions on the issue are continuing with the Americans, and Morocco and Uganda are among the countries involved in the discussions.

The official said he had discussed the matter with the Moroccan foreign minister and said that “Israel’s expectation is for a move connected to Hamas disarming.”

On Lebanon, the official said Israel opposes the establishment of a “new UNIFIL.” UNIFIL did not fulfill its role and had hindered Israeli activity over the years, the official said.

Jerusalem is not, however, ruling out other mechanisms, including training units of the Lebanese Armed Forces or establishing a verification mechanism.

Israel has raised the possibility that the US could train dedicated units in the Lebanese military that would be capable of effectively taking control of territory, the official said.

Israel also does not expect to object in principle to Italian participation in a verification mechanism if one is established.

The official estimated that the next round of talks between Israel, the US, and Lebanon would take place during September.

Regarding Turkey, the official said Israel does not define it as an “enemy state,” but that it can be viewed as a rival because of steps Ankara has taken in recent years.

In earlier periods, the official said, messages were passed between Jerusalem and Ankara through Azerbaijan, but “that has been happening less recently.”

The sides exchanged a few words during a meeting held as part of the Peace Council, the official said, but “there are no intensive exchanges.”

Despite the escalation in rhetoric between the two countries, the official added that he did not believe either Israel or Turkey wanted to reach the point of a direct exchange of fire.

This post was originally published on here. 

Nepal plans to rebuild an early-warning system for landslides on part of its border with China, installing seismic sensors, cameras, and a satellite link, two Nepali government sources told Reuters, a week after a glacial flood killed more than 1,000.

The equipment is being set up at Timure, a border settlement in Nepal’s Rasuwa district on the same river corridor along the border with China where a collapsing glacier sent a gigantic wall of mud, water and rock hurtling through mountain valleys.

At least 1,114 people have died in both countries, the vast majority in Nepal, and nearly 4,000 are still missing.

The stretch of border where the instruments will be placed lies in one of the most sensitive parts of Nepal’s frontier with China‘s Tibet region, a high-altitude area closely watched by Kathmandu, Beijing, and New Delhi.

Nepal has not formally announced the plans, and the two sources spoke on condition of anonymity because they were not authorized to discuss the issue.

A drone view shows a man walking next to damaged buildings and houses covered in mud next to the Likhu River following deadly flash floods and mudslides, in Devighat, Nuwakot district, Nepal, August 30, 2026. (credit: REUTERS/ATHIT PERAWONGMETHA)

The officials said there was a sense of urgency to act.

“The landscape is adjusting after the mega event, so [it] could trigger a few more landslides,” one of the sources said.

Officials survey locations for warning system placement

Central to the plan is a satellite system known as Very Small Aperture Terminal (VSAT), meant to keep monitoring posts connected even when mobile networks go down, so they can spot fresh hazards and issue warnings quickly, both sources said.

Such a blackout occurred when last week’s flood knocked out at least four gauging stations near the border.

“We had sensors and monitoring stations, but they were not being monitored extensively,” the source said, describing a previous early warning system that would send a message every few minutes but was swept away by Wednesday’s floods.

“Because we were unaware, we couldn’t check when they failed.”

For now, cameras, sensors and the VSAT will be installed at a single site by Nepal’s National Disaster Risk Reduction and Management Authority (NDRRMA) and more would follow, the second source said, adding that officials have already surveyed the area by helicopter to assess their placement.

An NDRRMA spokesperson did not immediately respond to Reuters emails and messages seeking comment.

China’s foreign minister and the country’s embassy in Nepal also did not immediately respond to a request for comment.

Since the disaster, China has said imagery of the affected areas, satellite and hydrological data, as well as early-warning information on upstream barrier lakes, have been shared with Nepal.

Previous system only provided a few minutes of warning

The immediate danger from two barrier lakes near the border – formed after the glacial collapse – has passed after they drained. But the terrain remains unstable and is being closely watched, one source said.

An early-warning system for any landslide-triggered events would give authorities only a few minutes to alert downstream communities of another flood, a brief window that could still prove critical.

Last week’s flood struck a border crossing at 8:32 a.m., but a public alert was not issued until 9:13 a.m., Reuters has reported.

Nepal had pressed China for more detailed, real-time sharing of data on glacier movements and water levels in the months before the disaster, and Nepali officials now plan to deepen their cooperation.

This post was originally published on here. 

Prime Minister Benjamin Netanyahu pledged to continue efforts to disarm Hamas during a visit to a military outpost in the Gaza Strip on Wednesday alongside IDF Chief of Staff Lt.-Gen Eyal Zamir.

“We control the area, and we remain on this line,” Netanyahu said, referring to the Yellow Line. “We are doing everything to reach our goal – the disarmament of Hamas and the demilitarization of Gaza.”

Also in Netanyahu’s company were IDF Southern Command chief Maj.-Gen. Yaniv Asor and 7th Armored Brigade commander Col. Elad Zuri, with the prime minister referring to them and the accompanying soldiers as “heroic.”

“We control 60% of the Strip, and there is more to come because we are eliminating the terrorists who threaten us,” he said. “We are doing that day in and day out.”

He added that the IDF recently captured the head of Hamas’s “Shin Bet,” saying that Israel will “surely learn a few things” from him.

Prime Minister Benjamin Netanyahu visits an IDF outpost in the Gaza Strip on September 2, 2026. (credit: AMOS BEN GERSHOM/GPO)

Hamas’s internal security chief was captured in a joint operation by the IDF and Shin Bet (Israel Security Agency), according to a joint statement on Tuesday.

The operation was emphasized as the first high-level capture operation deep in the Gaza Strip in a long time, with The Jerusalem Post learning that anti-Hamas Gaza gangs were deeply involved in the operation.

Netanyahu: Goal of eliminating Gaza threat largely achieved

Netanyahu stressed that the Gaza Strip will “no longer pose a threat to Israel,” noting that the goal has “been achieved to a large extent.”

“There is more work to complete – and we will complete it,” he added.

Yonah Jeremy Bob, Dana Ben-Shimon, Avi Ashkenazi, and Amichai Stein contributed to this report.

This post was originally published on here. 

HOUSTON — SLB, one of the world’s largest oilfield-services companies, is making a major move outside traditional drilling with a $4.1 billion acquisition of German cooling specialist Kelvion, betting that the enormous expansion of artificial intelligence will create a new industrial market around keeping data centers from overheating.

The deal is a striking example of how the AI boom is beginning to reshape industries far beyond semiconductors and software.

SLB built its global business helping oil and gas companies drill wells, manage reservoirs and operate energy infrastructure.

Now it wants to help operate the physical infrastructure behind artificial intelligence.

Under the agreement announced Monday, SLB will pay about $3.4 billion in cash and assume approximately $700 million of Kelvion debt.

Kelvion makes heat exchangers and thermal-management systems used across data centers, energy facilities and industrial operations.

But data centers have become its largest and fastest-growing business.

Kelvion expects to generate roughly $2.3 billion to $2.4 billion in total revenue in 2026, with approximately $1.2 billion to $1.3 billion coming from data centers alone.

That is where SLB sees the opportunity.

Modern AI systems require enormous clusters of high-powered chips running continuously inside data centers.

Those chips generate tremendous amounts of heat.

If that heat cannot be removed efficiently, the computers cannot operate properly.

As AI processors become more powerful and are packed more densely into server racks, traditional air conditioning is increasingly insufficient. Data-center operators are turning toward sophisticated liquid-cooling and heat-transfer systems capable of removing much larger amounts of heat.

In simple terms, the more powerful the AI becomes, the harder it becomes to keep the machines cool.

And that is creating an entirely new infrastructure business.

SLB CEO Olivier Le Peuch described AI as driving one of the largest infrastructure investment cycles in history.

The company believes Kelvion will allow it to provide more of the systems required to build and operate those facilities rather than simply participating in the energy side of the business.

That distinction is important.

AI data centers need enormous amounts of electricity, cooling equipment, pumps, piping, heat exchangers, water systems and other industrial infrastructure.

Many of those requirements look much more like the large engineering projects SLB has spent decades working on in the energy industry than they do traditional Silicon Valley technology projects.

SLB therefore sees an opportunity to transfer its engineering expertise into a rapidly expanding market.

Together, SLB and Kelvion are expected to generate more than $2 billion in data-center revenue this year.

By 2028, SLB is targeting between $4.5 billion and $5 billion in annual revenue from its combined data-center solutions business.

That would turn AI infrastructure into a significant new business line for a company historically associated almost entirely with oil and gas.

The acquisition also shows how the economics surrounding artificial intelligence are spreading.

Nvidia and other semiconductor companies may supply the processors, but those processors cannot operate without buildings, electricity and cooling.

That means some of the biggest beneficiaries of the AI boom may ultimately be industrial companies that never designed a computer chip.

Utilities are building new generation capacity.

Construction companies are erecting enormous data centers.

Electrical-equipment companies are supplying transformers and switchgear.

And cooling companies are becoming increasingly valuable because every high-powered AI processor ultimately produces heat that must be removed.

Kelvion sits directly inside that problem.

SLB expects the acquisition to increase both earnings per share and free cash flow per share during the first 12 months after closing and estimates roughly $120 million in annual synergies within three years.

The transaction is expected to close during the first half of 2027, subject to regulatory approvals.

For SLB, the acquisition represents something bigger than diversification.

It is a bet on where industrial spending is moving.

For more than a century, companies like SLB built their businesses around the enormous infrastructure required to extract and move energy.

The next infrastructure boom may increasingly involve the enormous amounts of energy—and cooling—required to run artificial intelligence.

JBizNews Desk | Houston

© JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited.

Professional organizations representing pediatricians, family physicians, obstetricians, and other medical professionals jointly released guidelines Wednesday for who should get vaccines aimed at staving off influenza, Covid-19, and respiratory syncytial virus, or RSV, this coming winter.

The combined effort, undertaken in conjunction with the University of Minnesota’s Vaccine Integrity Project, has two goals: to help medical professionals guide their patients, and to help individuals plan to get the vaccinations that should help them either evade these ailments, or minimize their risks of severe illness if they do become infected.

Read the rest…

This post was originally published here. 

JBizNews U.S. Market Opening Recap — September 2, 2026 | 10:00 A.M. ET

Wall Street opened mixed Wednesday as investors tried to balance softer U.S. hiring data and another burst of AI optimism against renewed U.S.-Iran fighting, oil near $90 a barrel and Treasury yields hovering near their highest levels in almost three years.

The Dow Jones Industrial Average opened at 52,829.58, up 62.7 points, or 0.12%. The S&P 500 opened at 7,634.58, up 3.1 points, or 0.04%, while the Nasdaq Composite opened at 26,094.00, down 5.8 points, or 0.02%. By shortly before 10 a.m., buying had strengthened somewhat: the Dow was ahead roughly 189 points, or 0.4%, the S&P 500 was up about 0.1%, and the Nasdaq remained down roughly 0.1%. 

The morning’s biggest economic report was a clear sign that hiring is losing momentum. ADP said private employers added just 38,000 jobs in August, below the 48,000 economists expected and down from an upwardly revised 46,000 in July. Education and health services added 45,000 jobs, construction added 12,000 and leisure and hospitality added 16,000, but manufacturing lost 17,000 jobs and professional and business services lost 16,000. The report increases the stakes for Friday’s official August employment report, where economists currently expect nonfarm payrolls to rebound by about 56,000 and unemployment to remain near 4.1%. 

The softer employment number would normally push investors toward expectations for easier Federal Reserve policy. This morning, however, that effect is being offset by the inflation threat coming from energy and bonds.

The 10-year Treasury yield was around 4.8%, after touching roughly 4.82%, its highest level since late 2023. A further move toward 5% would become increasingly important for stocks because higher bond yields make equities less attractive, increase corporate financing costs and put particular pressure on highly valued growth and AI shares. 

Oil remains the other major market risk. Brent crude had surged as high as $97.04 a barrel overnight and U.S. crude reached $92.29 after the United States and Iran exchanged their most significant military attacks in weeks. Prices later eased, with Brent around $94.22 and West Texas Intermediate near $89.51, after U.S. Energy Secretary Chris Wright said more than 17 million barrels of oil had moved through the Strait of Hormuz Monday. The Strait remains the central risk: any serious disruption could quickly push crude back toward or above $100 and intensify inflation pressure. 

Corporate earnings are providing an important counterweight.

Dell Technologies jumped nearly 11% after dramatically raising its annual outlook on surging demand for AI servers. Dell reported record quarterly revenue of $47 billion, above Wall Street expectations, with a record $60 billion of AI-related orders and a $95 billion backlog. The company raised its annual revenue forecast to $192 billion from $167 billion and lifted its adjusted earnings target to $25.50 a share from $17.90. Super Micro Computer and Hewlett Packard Enterprise also moved higher on the read-through for AI infrastructure spending. 

GitLab surged more than 20% after beating earnings and revenue expectations and raising its full-year outlook, reinforcing the idea that AI-driven software development is creating winners beyond the semiconductor sector. 

The other side of that trade is MongoDB, which fell roughly 13% despite reporting better-than-expected earnings and 30% revenue growth. Investors focused instead on Atlas cloud growth holding near 29%, showing how demanding Wall Street has become toward richly valued AI and cloud companies. Credo Technology also dropped about 11%, while Palo Alto Networks slipped following earnings. 

Another major corporate development came from Uber, which said it will eliminate about 3,300 jobs — roughly 10% of its workforce — in its largest round of cuts since the pandemic. Uber said the restructuring will flatten management and speed decision-making as robotaxi competition grows. The company plans to invest more than $10 billion in autonomous-vehicle technology and partnerships in coming years. Uber shares were up more than 2% before the opening bell. 

One additional economic release is arriving right at the 10 a.m. cutoff: the Commerce Department’s July factory-orders report. Consensus expectations call for roughly a 0.6% to 0.7% increase after June’s 0.3% decline. The Census Bureau had not yet populated the new July figure on its official release page at the exact cutoff for this recap, so JBizNews is not inserting an unverified number. 

For the rest of Wednesday, investors have several major items to watch.

At 10:30 a.m. ET, the Energy Information Administration releases weekly U.S. crude inventories, which could move oil sharply given current Middle East tensions. At 2 p.m. ET, the Federal Reserve releases its Beige Book, giving investors a fresh look at business conditions, hiring and inflation across the country. 

Technology investors will also be watching Broadcom’s earnings, while the broader market will remain focused on whether the 10-year Treasury yield moves closer to 5%.

The bigger test arrives Friday with the August jobs report.

For now, Wall Street is caught between two opposing messages: the labor market is cooling, which normally argues against tighter monetary policy, while oil and bond yields are rising, which argues that inflation may remain too strong for the Federal Reserve to relax.

That tension — jobs versus inflation — is likely to determine whether Wednesday’s early Dow rebound holds.

JBizNews Desk | New York

© JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited

  • In today’s CEO Daily: Diane Brady interviews Galderma’s CEO about planting deep roots in the U.S. market.
  • The big leadership story: Do CEOs actually matter?
  • The markets: Down globally as bond yields edged higher.
  • Plus: All the news and watercooler chat from Fortune.

Good morning. The English are coming. So are the Dutch, Germans, Danish, Swiss and other Europeans driving growth in foreign direct investment in the U.S. right now. FDI rose by $266 billion to $5.86 trillion at the end of 2025, with Europe accounting for much of the increase and manufacturing remaining the largest target. 

We know why it’s happening: Companies want access to the world’s deepest consumer market and pool of capital, along with U.S. talent—and, of course, manufacturing on American soil is a hedge against tariffs. It’s good news for policymakers looking for tangible wins.

Several European CEOs have told me their goal is to build deeply-rooted American businesses. Galderma is a case in point. The Swiss dermatology company, whose brands range from Cetaphil and Alastin to injectable fillers such as Sculptra and Restylane, generated $5.24 billion in revenue last year. The U.S. accounted for 40% of those sales and is its fastest-growing market. Galderma announced last year that it will invest more than $650 million in U.S. manufacturing through 2030. “If you want to succeed, you have to succeed in the U.S.,” CEO Flemming Ørnskov told me.

Ørnskov’s first priority was access to R&D talent. “The business was in Fort Worth and I said, ‘If we want to be competing against Sanofi and everybody else, let’s move it to Boston.’” (The French drugmaker Sanofi’s Dupixent competes with Galderma’s Nemluvio in treating skin conditions such as eczema.)  

Galderma’s big competitive target is AbbVie-owned Allergan Aesthetics, the U.S. injectables leader that makes Botox and Juvéderm. “Until we have closed the gap to Allergan in market share, I won’t think we’ve succeeded,”  said Ørnskov. 

That’s why geography matters: For Galderma’s U.S. headquarters, he picked Miami because it serves a fast-growing consumer market and is a gateway to Latin America. He’s also building a presence in Orange County, Calif., because, he says, “the aesthetic business is dependent on expertise and that expertise is so concentrated there.” Fort Worth remains an important distribution hub.

Of course there are also some challenges for companies seeking a foothold in the U.S., Ørnskov said: “The bar for aesthetic products approval is the highest in the U.S.—by far the highest—and it’s become even tougher … but it’s such an important market that we have to do whatever it takes.”

Contact CEO Daily via Diane Brady at diane.brady@fortune.com

This story was originally featured on Fortune.com

This post was originally published here. 

The United Nations General Assembly on Monday adopted a Syrian-sponsored resolution designating December 19 as the International Day of Recognition for Women Searchers of Missing Persons, marking the first resolution submitted by Damascus to the General Assembly since the fall of former president Bashar al-Assad’s government in December 2024.  

This resolution aims to highlight women searching for missing family members and recognize the risks and consequences they face in their search, an issue of particular significance in Syria after years of war, detention, enforced disappearances, and displacement.  

The General Assembly called on all member states and other relevant actors to observe the international day through events and activities recognizing the efforts of women who are searching for missing persons and the consequences they have faced. 

Member states and the United Nations system are encouraged to take concrete measures to prevent and end all forms of discrimination and violence against women searching for the missing, to protect their rights, and to include them in discussions and decision-making processes concerning their missing loved ones.  

Ibrahim Olabi, Syria’s permanent representative to the United Nations, told the General Assembly ahead of the resolution’s adoption that Syrian women had faced what he described as “the worst missing persons crisis in modern history.” 

Women and children seen inside al-Hol camp in Hasakah province that houses around 24,000 people, amongst them some 6,200 women and children from around 40 nationalities, and including relatives of suspected Islamic State jihadists, after Kurdish forces withdrew from the site. (credit: Abdulmonam Eassa/Getty Images)

An era of darkness enters a phase of acknowledgment 

Olabi said Syria had moved “from a dark period in which this pain was denied, and the suffering of its victims was concealed” to a new phase that acknowledges the tragedy, seeks to address it transparently, and mobilizes international support for those affected.  

Highlighting the shift in Damascus’ approach to the missing persons issue, Olabi said the matter had previously reached the General Assembly “despite the Damascus regime,” whereas today the initiative comes “from Damascus itself.”  

The resolution is the first initiative of its kind submitted by Syria to the General Assembly since the overthrow of the Assad government. It comes as Syria’s new authorities seek to reshape the state’s approach to missing persons and victims of enforced disappearance, one of the most sensitive issues stemming from decades of repression and the Syrian war. 

Throughout the conflict, mothers, wives, and sisters of missing Syrians played a prominent role in campaigns demanding answers about the fate of detainees and those who disappeared. Many families have continued searching for their relatives both inside and outside Syria.  

Syria’s new authorities face an enormous challenge in determining the fate of the missing, given the multiple parties responsible for disappearances during the years of conflict and the need to collect documentation, preserve evidence, identify human remains, nd connect information with families still searching for their loved ones.  

International recognition to experiences of women

The new resolution gives international recognition to the experiences of women searching for the missing, including women facing similar struggles in conflicts and crises around the world.  

Olabi thanked the countries that supported the initiative and contributed to its adoption, describing the move as affirming the international community’s commitment to “rights, justice and human dignity.”  

For Syria, the resolution carries significance beyond the creation of a new international day. Damascus has placed an issue long associated with abuses and enforced disappearances at the heart of the first resolution it has submitted to the General Assembly in the post-Assad era.  

But the international recognition also leaves a more difficult question inside Syria: To what extent can the authorities turn recognition of women searching for the missing into tangible progress in determining the fate of those whose families are still waiting for answers?  

Inside Class A Cold Storage: Burleson Phase II Tour

Attendees at the CREDA I.CON Cold Storage conference this week in Dallas had the opportunity to tour Burleson Cold Storage, a new, never-occupied Class A cold storage facility in Burleson, Texas.  

Phase II of Burleson Cold Storage was developed by Saxum Real Estate, expanding on its successful first phase development of a 403,240-square-foot building at the same site, currently operating as Vertical Cold Storage. Phase II consists of two new buildings totaling 427,867 square feet – one at 298,584 square feet and a second at 129,283 square feet. Arcadia Cold Storage & Logistics already leases the larger of the two buildings, leaving the smaller one available.  

Now, JLL is ready to lease the available space to as many as two tenants.  

Imagining the Space: Slabs and Walls 

Touring the empty facility offered a unique, insider look before the cold air starts blasting and the space is filled with racks and products. The new space includes 50-foot clear height, 18 exterior dock doors and the capability to run temperatures of minus 10 to 40 degrees Fahrenheit. The space can comfortably fit 16,000 to 18,000 pallets and at its densest can hold about 20,000 pallets. 

Matthew Wassel, principal at Saxum Real Estate, described the typical scene with pallets up to 7 feet high and racks at 12 feet. The racking itself is structural and supports the building’s roof. But not all products are racked. Fast-turning produce arriving from Mexico, for example, might be floor-stacked for as little as 36 hours before it is pushed back out.  

Burleson is built to be flexible. The space loosely resembles a hotel ballroom before the retractable walls are drawn shut. It is one continuous space that can be demised cleanly into two tenant units. That flexibility extends to tenant type as well. The building suits food and beverage distributors, third-party logistics providers and grocery distributors.  

Flexibility in Refrigeration 

Flexibility is inherent in the building’s core function: keeping products cold. Ed Whitby, business development executive at Innovative Refrigeration Systems Inc., said the company is “happy to cascade almost any type of refrigerant according to a tenant’s requests.” In addition to ammonia, the traditional cold storage refrigerant, the company can use carbon dioxide for tenants who want to avoid the compliance commitments that come with ammonia. The system also uses nitrogen to purge moisture from the lines, Whitby said, a detail that highlights how much engineering goes into keeping a refrigeration system reliable long-term.  

Different refrigerants also come with different costs for both the tenant and the building. Wassel said that the property leases on a triple net (NNN) basis, so the tenant pays base rent plus its share of certain operating expenses, like property taxes and insurance. In this case, the maintenance of refrigeration systems can also pass through to tenants as common area maintenance. Whitby noted that CO2 refrigeration systems avoid the regulatory compliance costs that come with ammonia systems, which tenants may want to weigh alongside base rent and other lease expenses.  

The discussion around triple net leases and maintenance prompted a question: how is maintenance handled when two tenants share certain systems? It’s a question that won’t be answered until two tenants have signed leases.  

Automation on the Horizon? 

As attendees visualized a full cold storage facility with 50-foot clearance, some recognized the infrastructure met the 36- to 40-foot requirement for automated systems like robotics. When asked if tenants have been interested in automation, Kevin Griffiths, senior vice president at JLL, said they have not, adding “I’ve seen a lot of automation fail.” He has seen operators revert to conventional systems after automation cost them inventory and money. “The technology is not there today. It may be in five to 10 years.” 

Burleson as a Prime Development Site 

Attendees were curious about the experience of developing the project in the city of Burleson, specifically. Griffiths said the city has been incredibly supportive, helping source tenants and working through power and water usage at the site. Burleson also offers lower property taxes than other parts of Dallas-Fort Worth, while holding a prime location along Interstate 35W, about 20 miles south of Fort Worth. 

The discussion offered a firsthand look at the decisions behind cold storage development, including site selection, construction, regulatory compliance, leasing and long-term maintenance. It was also a rare chance to see a Class A cold storage building in the brief time before a tenant fills it with racks, product and cold air.  

 


JLL

This post is brought to you by JLL, the social media and conference blog sponsor of CREDA’s I.CON Cold Storage. Learn more about JLL at www.us.jll.com or www.jll.ca.

This post was originally published here. 

Hello there again from STAT’s London outpost, with Andrew Joseph here filling in for Mr. Pharmalot. Typing that out, I just misspelled my own last name, so it does in fact appear to be Wednesday. Let’s just get to the headlines … 

The drug pricing deals the White House signed with drug companies this week might not amount to much, at least not immediately, STAT explains. That’s because they chiefly apply to Medicaid, which by law gets the lowest prices of any U.S. payer, while exempting companies from mandatory price reductions that are being considered in Medicare. STAT also lays out some of the biggest outstanding questions about the new deals. 

UniQure has submitted its experimental Huntington’s gene therapy to the Food and Drug Administration for an accelerated approval review, the company announced. The move is notable because the FDA, under officials who have since left the agency, earlier told the company it couldn’t submit the therapy based on its Phase 1/2 trial, which showed that the medicine could slow the progression of the fatal neurodegenerative disease. The FDA reversed that stance in June. UniQure said it had also applied for approval to the U.K.’s regulatory agency. 

Continue to STAT+ to read the full story…

This post was originally published here. 

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Good morning. I was extremely confused when I saw a Spirit Halloween pop-up yesterday, but then realized October is indeed next month. Very spooky.

The need-to-know this morning

  • UniQure submitted applications to the FDA and the UK’s MHRA, seeking the marketing approval of AMT-130, its treatment for Huntington’s disease.

New Trump deals may undercut efforts to lower costs 

The midterms are fast approaching, and President Trump hailed the new deals he struck with biopharma companies this week as part of his commitment to lowering drug costs. But in reality, the agreements may not amount to much, STAT’s John Wilkerson writes — and could even undercut the administration’s own efforts.

Continue to STAT+ to read the full story…

This post was originally published here. 

WASHINGTON — The cost of borrowing is moving higher again.

U.S. Treasury yields jumped Tuesday morning as investors increasingly bet that the Federal Reserve may have to raise interest rates again to contain inflation, pushing the benchmark 10-year Treasury yield to about 4.79% — its highest level since January 2025.

The move matters far beyond Wall Street.

The 10-year Treasury is a major benchmark for mortgage rates and other long-term borrowing costs, while Federal Reserve policy feeds directly into credit cards, home-equity lines, auto loans and business financing.

Markets are now pricing in roughly a 65% to 68% chance of a quarter-point Fed rate increase in September, a dramatic shift from the rate-cut expectations that dominated much of the earlier discussion around monetary policy.

The change follows Federal Reserve Chair Kevin Warsh’s speech at Jackson Hole on Friday.

Warsh made clear that the Fed remains uncomfortable with inflation.

The central bank’s preferred inflation measure, the PCE price index, is running at 3.7% over the past 12 months, while the six-month rate has accelerated to 4.1%.

Both are far above the Fed’s 2% target.

Warsh said the Fed’s “predominant focus right now should be on prices” and warned that if underlying inflation is not clearly moving back toward 2%, policymakers still have work to do.

Markets heard that as a warning that another rate increase remains firmly on the table.

Oil is adding to the pressure.

Renewed tensions involving the United States and Iran have pushed Brent crude back above $90 a barrel, raising fears that higher energy costs could feed another round of inflation through gasoline, transportation, shipping and consumer goods.

At the same time, investors are increasingly concerned about the enormous amount of government debt being issued.

The United States recently crossed $40 trillion in federal debt, and large Treasury borrowing needs mean more bonds must continually be sold to investors.

When investors demand higher yields to hold that debt, borrowing costs across the economy tend to rise with them.

For homebuyers, that creates an uncomfortable combination.

Mortgage rates have already remained stubbornly high, and a sustained rise in the 10-year Treasury could push them higher rather than delivering the relief many buyers have been waiting for.

For households carrying credit-card balances, the impact of another Fed rate hike could be even more immediate.

Most credit cards carry variable rates tied closely to the prime rate. When the Fed raises its benchmark rate, those borrowing costs generally rise quickly.

Auto loans, small-business credit and home-equity lines can also become more expensive.

There is one group that can benefit: savers.

Higher rates can keep yields on money-market funds, certificates of deposit and high-yield savings accounts elevated.

But for borrowers, the message from markets Tuesday morning is becoming increasingly clear.

The era of expensive money may not be ending yet.

If inflation remains stubborn and oil continues rising, the next move from the Federal Reserve may not be the rate cut consumers have been waiting for.

It could be another increase.

JBizNews Desk | Washington

© JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited.

Good morning. Companies are spending more on AI, and employees overwhelmingly say the technology makes them more productive. So far, those gains aren’t translating into operating profit for most companies.

Nearly nine in 10 respondents say their organizations regularly use AI for at least one business function, and 44% say they are scaling it enterprise-wide, according to a McKinsey survey of 1,719 professionals and business leaders globally. Eighty percent say AI has improved their individual productivity, and half say it helps them make better decisions.

But just 37% say AI is having a meaningful impact on earnings before interest and taxes (EBIT), unchanged from a year ago.

AI is also taking up a larger share of corporate budgets. Twenty-eight percent of respondents say AI now accounts for more than 10% of their IT budget, and 60% expect to increase AI investment next year. Twenty percent say AI-related operating costs, including token costs, are already constraining their use of the technology.

The companies reporting the largest financial gains offer one clue about where that spending pays off.

What McKinsey calls “AI high performers,” the 6% of organizations that attribute at least 5% of EBIT to AI, are far more likely to redesign workflows rather than add AI to existing processes. Nearly three-quarters have fundamentally redesigned workflows, up from 55% last year.

Company size also shows up in the results. Fifty-four percent of organizations with more than $1 billion in revenue report scaling AI enterprise-wide, compared with a third of smaller firms. Among large companies, the share scaling AI agents in at least one function rose from 27% to 40% in a year, while the share among smaller companies remained at 22%.

For finance chiefs weighing another year of higher AI spending, McKinsey’s findings suggest that increasing the investment is the easy part. The next AI budget may be as much a workflow budget as a technology budget.

Sheryl Estrada
Sheryl.Estrada@fortune.com

This story was originally featured on Fortune.com

This post was originally published here. 

A comprehensive 101-page investigative report released on Wednesday by researchers David Collier and Rachel Feldman presents what they describe as a definitive timeline tracking Mohsen Mahdawi, the Columbia University student and pro-Palestinian activist currently facing deportation proceedings.

Mahdawi is a Columbia graduate student and prominent pro-Palestinian campus activist who originally moved to the United States from the West Bank as a student, became a lawful permanent resident, and was subsequently targeted for removal by immigration authorities under a provision alleging his campus activism and speech posed adverse foreign policy consequences for the United States. 

Titled Mohsen Mahdawi: A Timeline of Support for Terrorism, the exhaustive document aggregates years of Arabic-language social media posts, historical archives, and public records to challenge the core autobiographical narrative Mahdawi has presented to American audiences, universities, and mainstream media outlets.

While Mahdawi’s legal defense team and high-profile political allies have framed his detention and ongoing deportation order as an infringement on free speech and due process, the Collier-Feldman report argues that a vast, previously unexamined digital footprint contradicts his public persona as a peaceful bridge-builder.

Because the report centers on allegations and investigative claims, the researchers emphasize that their timeline relies on documentary evidence and contemporary records to question the veracity of Mahdawi’s public biography.

COLUMBIA UNIVERSITY student Mohsen Mahdawi poses for a portrait inside Havemeyer Hall on the Columbia University campus in New York City, New York, US, May 18, 2025. (credit: REUTERS/Ryan Murphy/File Photo)

At the heart of the researchers’ findings is an extensive examination of Mahdawi’s personal origin story. For years, Mahdawi has recounted a formative childhood event in the West Bank’s Al-Fara’a refugee camp, describing how his best friend, Hameida, was shot dead in front of him, leaving him consumed by a desire for revenge until his uncle Thaer intervened at the graveside to redirect him toward education and hope.

According to the report, this foundational narrative collapses under chronological and historical scrutiny. The authors cite B’Tselem casualty databases and records from the Palestinian Centre for Human Rights to show that only one child was killed inside Al-Fara’a Camp during the entire Second Intifada, a 14-year-old boy named Muhammad Ahmad Mubaraq Ishteiwi, whose death occurred under circumstances that do not match Mahdawi’s accounts.

Furthermore, the report claims a critical chronological flaw, pointing out that Mahdawi’s uncle Thaer was killed on September 12, 2001, meaning he could not have comforted Mahdawi at a graveside if the incident occurred later, a contradiction the authors claim Mahdawi attempted to navigate by shifting his stated age.

One of the most consequential aspects of the Collier-Feldman report focuses on Mahdawi’s online activity prior to his arrival in the United States in July 2014, raising serious questions as to how he successfully cleared US visa screenings.

Mahdawi alleged to wish annihilation on Jews

The researchers uncovered numerous explicit Arabic-language Facebook posts from the period when Mahdawi was a student leader at Birzeit University.

According to the report, which attributes these statements to Mahdawi’s Facebook profile, he posted in August 2010 following a devastating civil wildfire in Israel that, as long as “Zionists” were burning, he had no problem with the fire and would “be fuel for it,” adding well-wishes that neighboring countries would “all burn along with this fake entity.”

Later that month on Facebook, responding to an online exchange about patience exceeding its limits, the authors claim Mahdawi explicitly wrote that “soon, very soon, we will annihilate the Jews.”

The report further details that in January 2011, Mahdawi posted a poem on Facebook addressing his rifle as his “beloved” and anticipating his “coming death,” followed in February 2011 by a Facebook attack on political rulers as “servants of the Jews or the Americans,” threatening that “their heads will be cut off.”

According to the document, in August 2011, following a cross-border shooting attack near Eilat that killed six Israeli civilians, Mahdawi used Facebook to refer to the perpetrators as “our mujahideen” and prayed for their “safe escape.” In December 2011, the authors state he posted a public Facebook comment saluting Hamas founder Ahmed Yassin and Palestinian Islamic Jihad founder Fathi al-Shiqaqi, and in November 2012, he wrote on Facebook that a Palestinian state could not be established without “an armed resistance that targets every inch of land a Jewish foot has stepped upon.”

The authors question how these open expressions of hostility and support for terrorist organizations escaped the notice of US consular officials during Mahdawi’s 2014 visa application process.

The report also details a 2015 Windsor Police report and subsequent FBI interview following allegations from a local gun shop owner that Mahdawi had expressed interest in purchasing automatic weapons and made disturbing remarks regarding his background.

Furthermore, the investigation challenges Mahdawi’s public framing of family members and friends killed during the conflict. While Mahdawi has frequently memorialized various cousins and relatives as innocent civilians or victims of arbitrary sniper fire, the report cross-references their identities with military records and militant group announcements.

The researchers document that multiple family members, including Thaer and Amin Abu al-Kamal, Maysara Masharqa, and Youssef Mahdawi, who was convicted of recruiting a suicide bomber for the 2003 London Café attack, were active commanders or operatives within the Al-Aqsa Martyrs’ Brigades and Palestinian Islamic Jihad.

Mahdawi classifies activism alongside armed resistance

The report also tracks Mahdawi’s post-2023 campus activism at Columbia University, where he co-founded the Palestinian Student Union and helped launch Columbia University Apartheid Divest. The authors highlight a December 2024 Arabic-language video in which Mahdawi explicitly categorized his diaspora campus activism alongside armed resistance in the West Bank and Gaza as components of a unified struggle.

Finally, the report notes that despite stepping back from a Facebook group promoting his mother’s program, “In the House of a Fighter,” which they claim glorified prisoners and terrorists from groups like the PFLP, Mahdawi re-joined and was restored as an administrator as recently as 2026.

In a joint statement to The Jerusalem Post, Collier and Feldman said, “The real question is no longer whether Mahdawi has a long history of supporting terrorism. It is about the negligence of the US media. The information was there to be found, and America’s biggest media outlets have written extensively about him. So why did it take two independent Jewish researchers to uncover it?”

This post was originally published on here. 

People of Israel Party chairman Brig.-Gen. (res.) Ofer Winter decried on Wednesday statements made by President of the Ateret Kohanim Yeshiva Rabbi Shlomo Aviner, who argued that it was against Jewish law to vote for the party because Arab-Israeli activist Yoseph Haddad is placed second on its Knesset slate.

“When I fought under fire in Lebanon, Gaza, and the West Bank, I served under and personally commanded leaders – commanders and soldiers – who were Druze, Bedouin, and Christian. Through fire and water, I followed my leader and brigade commander, Imad Fares, into battle with complete faith. I knew he would not abandon me in the field, and I trusted his leadership,” Winter stated.

“[Non-Jewish soldiers] were worthy enough to be wounded and even fall for the country. They were worthy enough for us to follow them into battle, and they are worthy enough to lead. Yoseph, my brother, you embody the people of Israel in every sense.

“I am proud of you for having been a commander and leader of soldiers in the Golani Brigade. I am proud that you risked your life for the people of Israel and were wounded in battle. You fought in uniform, and long after your service, you continue fighting to defend the people of Israel everywhere in the world.”

On Tuesday, Aviner was asked whether Jewish law permits voting for a party with a non-Jewish candidate holding the number two position. 

Arab Israeli activist Yoseph Haddad joins Ofer Winter's Amcha Yisrael Party on August 25, 2026.    (credit: MARC ISRAEL SELLEM)

“Certainly not,” he answered, arguing that Jewish law distinguishes between the personal treatment of a non-Jew and appointing a non-Jew to a position of national leadership.

“Certainly, a non-Jewish friend should be treated well if he meets the definition of a ger toshav, but he cannot be given positions of leadership over the nation,” Aviner said.

Ger toshav is the term used in Judaism to describe a non-Jewish person living in Israel who will not convert to the religion but observes the Seven Laws of Noah and is therefore considered righteous.

Aviner cited Maimonides’s Laws of Kings, insisting that even a person defined as one of the “righteous among the nations” could not serve as a leader in the Land of Israel.

“He can be a private citizen, yes, but not as a leader,” he said.

Haddad was unveiled as the number two candidate in Winter’s newly established right-wing People of Israel party last week at the party’s launch event.

At the event, Haddad said that entering politics was a continuation of his service to Israel, after years of military service and public diplomacy. He has said he hopes to become Israel’s public diplomacy minister and the first Arab member of the security cabinet. 

Tzohar rabbis reject Aviner’s interpretation of the halacha

The Tzohar Rabbinical Organization rejected Aviner’s interpretation, saying leading halachic authorities had already ruled that Jews may vote for non-Jewish candidates for the Knesset.

“Yoseph Haddad is a person who has done, and continues to do, a great deal for the State of Israel, in Israel and around the world, and was even wounded during his military service defending the country,” the organization said.

Tzohar cited the biblical example of King David appointing Ittai the Gittite, whom the organization described as a foreigner, to a senior military command because of his loyalty to the king and kingdom.

“Even today, in the State of Israel, there are non-Jewish citizens who act with devotion for the state, defend it, and contribute to its strength,” Tzohar said.

“The appointment and advancement of such people, when they have the public’s confidence and act loyally toward the state and its laws, does not contradict Israel’s Jewish identity, but is an expression of the state’s strength and its ability to incorporate all its citizens.”

The organization said prominent halachic authorities, including former chief rabbi Isaac Herzog and Rabbi Eliezer Waldenberg, had ruled that non-Jews may be elected to the Knesset and that traditional restrictions concerning the appointment of a king did not apply in the same manner to modern democratic government.

“Accordingly, it is permissible to vote for an Arab candidate who is loyal to the state, and throughout the history of the state, Jews and non-Jews have participated in the Knesset and the government,” Tzohar said.

“Precisely at a time when there are elements among the non-Jewish public who incite against the State of Israel and against the possibility of living together, we must strengthen and empower those Arab citizens who recognize the State of Israel, its Jewish identity, and its sovereignty, and who work for its security and prosperity.”

This post was originally published on here. 

Iran carried out a number of attacks on the Kurdistan Region of northern Iraq as clashes with the US escalated overnight. The Iranian attacks fit a pattern going back to February. Iran has sought to spread the war to Iraq and other countries via attacks. It has often singled out the Kurdistan Region for attacks. Since February, Iran and its proxies in Iraq have targeted the Kurdistan Region with 1,000 drone and missile attacks.

Rudaw media in Erbil, the capital of the autonomous Kurdistan Region, said that numerous attacks took place overnight. According to the reports from Rudaw in Erbil, “Iran on Wednesday attacked positions belonging to the Kurdistan Democratic Party of Iran (KDPI) dissident group near Erbil with several drones, the group said in a statement. The assault comes against the backdrop of renewed US-Iran escalation over the past 24 hours.”

The KDPI is one of the key Kurdish Iranian opposition groups. Along with six other groups, it has formed a coalition against the regime. Its leader, Mustafa Hijri, also gave a recent interview where he discussed the importance of opposing the regime and having a democratic Iran.

“At 2:00 to 2:40 am [local time] on Wednesday morning, the Islamic Republic [of Iran] targeted the bases and headquarters of the Kurdistan Democratic Party of Iran,” the KDPI said in a statement.

Iran’s Tasnim news, which is linked to the IRGC, also said that the IRGC had carried out drone and missile attacks targeting US forces in Erbil. The US has been withdrawing forces from Iraq, including from the KRG. Iran claimed to have targeted a maintenance facility. Iranian-backed militias have targeted US forces for years in Iraq.

Kurds in Erbil, Iraq, on the day of the independence referendum on September 25, 2017. (credit: SETH J. FRANTZMAN)

They even used drones to try to attack what The Washington Post described as a CIA hangar in Erbil in 2021. In the recent Iran conflict, the regime in Tehran has targeted the US consulate and UAE consulate in Erbil. It has also targeted offices linked to Kurdish leaders Nechirvan and Masrour Barzani.

Iran targeted Iraq’s Erbil

The KDPI noted several details about the Iranian attacks overnight on September 1-2. “According to reports, in the first attack, leadership residences in southern Kurdistan were targeted with 3 drones, and shortly thereafter, the training camp was also targeted. The training camp is located near the city of Erbil and was a residence for families of the Democratic Party.”

The report added that “the Islamic Republic of Iran, since the start of the war with the United States and Israel, has so far targeted family camps of the Democratic Party of Iranian Kurdistan, as well as the party’s medical and educational banks, with more than 156 missiles and drones.”

Meanwhile, Rudaw also said that “the US-led Global Coalition forces shot down 10 explosive-laden drones in Erbil province early Wednesday, the Kurdistan Region’s Counter-Terrorism Directorate (CTD) announced, as Iran launched attacks targeting US positions across the Middle East amid renewed tensions with Washington.”

The Coalition said its “forces intercepted and shot down 10 explosive-laden drones within the airspace of Erbil province,” CTD said in a statement. “Fortunately, there were no casualties,” CTD said, according to Rudaw. “Two Kurdish security sources told Rudaw English on Wednesday that the IRGC struck and destroyed the US Tethered Aerostat Radar System (TARS) surveillance balloon over Erbil during the overnight attacks. The balloon system, a ubiquitous part of Erbil’s skyline for months, was not seen Wednesday morning.”

According to data compiled by Rudaw Media Network, the number of attacks surpassed 800 by late April and continued to rise, reaching more than 855 by May and eventually exceeding 900 during the summer.

Iranian-Kurdish opposition is in the area, according to Iranian regime

Iran has justified many of the strikes by claiming that Kurdish Iranian opposition groups, including the Kurdistan Democratic Party of Iran (KDPI), Komala, and other organizations based in northern Iraq, threaten Iranian national security.

However, the attacks have extended far beyond opposition camps. Iranian-backed groups have repeatedly targeted areas around Erbil, Sulaimaniyah, and Duhok, including locations near US diplomatic and military facilities, energy infrastructure, and civilian areas. Kurdish authorities have consistently stressed that the Kurdistan Region is not a party to the conflict and has not allowed its territory to be used as a launching pad for attacks on Iran.

Iran’s attacks seek to strike an area of Iraq that the regime assumes is not well protected. It wants the US to leave Erbil. Iran also works closely with Iranian-backed groups in Baghdad. As such, it seeks to target Erbil instead of Baghdad. Iran also wants to destabilize and weaken the Kurdistan Region. It knows the region is a US partner. It also wants to send a message to the Iranian opposition groups not to think about an uprising in Iran. US President Donald Trump had mentioned on social media the issue of Iranians rising up. Iran wants to pre-empt this and spread the war to Iraq. Iran views Iraq as a kind of “near abroad” or zone of influence and a buffer.

The sustained campaign has placed enormous pressure on the Kurdistan Regional Government while highlighting the challenge facing Baghdad in controlling Iranian-backed militias operating inside Iraq. The attacks have strained Iraq’s relations with the United States and neighboring countries and have reinforced calls by Prime Minister Ali al-Zaidi to bring all armed groups under state authority. For the Kurdistan Region, the conflict has demonstrated both its strategic importance and its vulnerability as regional tensions increasingly spill across Iraq’s borders.

This post was originally published on here. 

Aitan, formerly known as eyesAtop, has emerged with a new name, a broadened mission, and a $41 million financing round co‑led by Deep33 and Dell Technologies Capital. The new funding brings Aitan’s total capital raised to $54m., enabling the rapid scaling of its combat‑proven technology to allied nations.

The latest financing will support continued product development, accelerate international growth, and expand the company’s global team to meet growing customer demand.

The rebrand marks the company’s transition from a multi‑drone operating system provider into a full‑spectrum autonomy and robotic warfare company in the category of robotic sovereignty‑as‑a‑service. 

Aitan develops edge‑AI robotic weapon systems engineered for the operational realities of modern conflict where robotic forces must be produced at scale, operate in contested electromagnetic environments, and evolve continuously as the fight unfolds. 

The company believes that robotic systems cannot be stockpiled years in advance as “they evolve during the conflict itself, reshaped week by week by the fight and by disrupted supply chains.”

Aitan develops edge‑AI robotic weapon systems. (credit: Aitan )

A mission forged by personal loss and operational necessity

Aitan was founded by Udi Oster and Daniel Almog, both former officers in the IDF’s 8200 Unit and the co‑founders of Tapingo. Hamas’s October 7 massacre made their mission personal as their friend, Or Levy, was kidnapped from the Nova music festival, and Oster’s younger brother, Eitan, was killed in combat during Israel’s ground operation in Lebanon. 

The company is now named in his honor.

“We built Aitan because we had no choice. Our friends and family went to war, and we were determined to build what could bring them home,” Almog said. “Three years later, we’ve developed decisive battlefield technology, proven in combat – and we’re on a mission to put these capabilities in the hands of the allies that need them.” 

Battlefield validation

Despite their popularity on the battlefield, most autonomous systems like drones or unmanned ground vehicles operate through separate controllers and interfaces, requiring one operator for each system. Aitan’s platform combines a multi-drone command-and-control system that is edge-based and OEM-agnostic, allowing militaries to integrate civilian- and military-grade platforms without replacing infrastructure or retraining operators.

The platform turns drones from various manufacturers and operators into one unified operational force, allowing one operator to command and control numerous drones simultaneously that carry out different missions in different battlefields and close the sensor-to-shooter loop in real time.

The company continuously refines its technology through real‑time operational feedback from reservists and veterans with extensive combat experience.

The new identity reflects Aitan’s expansion from a universal drone‑control platform into a sovereign robotics infrastructure provider. Its systems have been battle‑tested since 2023, logging over 500,000 combat hours across the IDF and Israeli national security agencies.

Aitan now anchors multiple programs of record in command-and-control, swarming, edge AI, and autonomy. It also recently secured a joint contract to develop the command‑and‑control platform for the IDF’s next‑generation Digital Bat attack drone fleet, as well as critical design contracts for key robotic weapon systems. 

Rise of sovereign robotic warfare

The round includes participation from leading technology investors including Gokul Rajaram, Benjamin Ling, and Kevin Weil. Dell Technologies Capital managing director Yair Snir said Aitan is solving one of the most strategically important challenges in defense autonomy: orchestrating heterogeneous autonomous systems in contested environments.

“We believe Physical AI will be one of the most important technology shifts of the coming decade. But first, we need to solve the challenge of coordinating highly complex autonomous systems in challenging real-world environments,” Snir said.

He added that the company “recognized early on that the future of defense belongs to intelligent networks of disparate systems operating together. Their proven deployment in real-world defense environments validates that vision.”

Deep33 partner Lior Prosor discussed Israel’s unique advantage in developing robotic warfare systems, saying that “Israel is one of the only places in the world with the combat experience and flight hours to develop robotic weapon systems at scale, giving Aitan a difficult-to-replicate advantage and a significant opportunity to bring that capability to allied nations.”

This post was originally published on here. 

Chinese President Xi Jinping arrived in Egypt for a state visit, flying from a meeting of the Shanghai Cooperation Organization in Kyrgyzstan to Egypt on Wednesday.

According to Chinese state media Xinhua, he said that China and Egypt “set an example of friendship, solidarity, and coordination between developing countries, with strong political mutual trust, fruitful mutually beneficial cooperation, and close and effective coordination in multilateral affairs.”

Egypt’s President Abdul Fattah al-Sisi welcomed Xi with a 21-gun salute and honor guard at Cairo’s Ittihadiya Palace, Egyptian news outlet Ahram Online said.

“China and Egypt are both ancient civilizations, with a traditional friendship that has endured for thousands of years and stood the test of time,” Xinhua cited Xi as saying. “Over the past 70 years since the establishment of diplomatic relations, the two countries have stood by each other and pursued win-win cooperation, regardless of changes in the international and regional situations.”

The report added that Xi stated that, during the visit, he will conduct “an in-depth exchange of views with Sisi on China-Egypt relations, all-round cooperation between the two countries, and international and regional issues of common concern.”

China's President Xi Jinping listens to his Egyptian counterpart Abdel Fattah al-Sisi upon his arrival at the Cairo International Airport, Egypt, September 1, 2026. (credit: KHALED DESOUKI/POOL VIA REUTERS)

Meanwhile, Xi called for the rejection of “external interference” in the Middle East, and said external powers should abandon double standards in the region, Xinhua reported.

Countries emphasize importance of multi-polar world order in SCO

The visit came after the SCO meetings in which China, Russia, and other countries emphasized the importance of the multi-polar world order.

Sisi welcomed Xi, saying the Chinese president was visiting Egypt as a dear guest on the banks of the Nile and a friend of the Egyptian people, who hold “all love and affection” for the Chinese people, Egypt’s Ahram Online reported.

Sisi also highlighted growing cooperation in trade, investment, tourism, and cultural exchanges between Egypt and China, adding that bilateral relations were built on mutual respect, shared interests, and cooperation.

“Today, as we welcome President Xi Jinping to his second home, Egypt, we are embarking on a new phase of our increasingly developed relations,” Sisi stated.

Xi also noted that Egypt was the first Arab and African country to establish diplomatic relations with the People’s Republic of China.

The visit comes as Egypt’s Heliopolis and Helwan military factories signed a Memorandum of Understanding (MoU) with Turkey’s state-owned MKE conglomerate at the Sarajevo expo.

This reflects increasingly close ties between Cairo and Ankara, as Turkey has also signed a pact with Saudi Arabia and Pakistan.

It also comes after a large Israeli multi-billion-dollar air defense deal with Greece.

Reuters contributed to this report.

This post was originally published on here. 

What if the best way to build a warehouse for today’s market is to design it for a tenant you haven’t met yet? 

That question is at the heart of a next-generation cold storage facility explored during a project tour during the Commercial Real Estate Development Association’s I.CON Cold Storage conference this week in Dallas.  

Developed by Cold Summit, the Dallas II facility sits on 32.31 acres in a prime location in the greater Dallas-Fort Worth metro area.  

Cold Summit brought together project partners Peak Design, Innovative Refrigeration and FCL Builders, the general contractor, at the early stages of planning. That collaboration helped integrate the building’s design, refrigeration, energy efficiency and operational requirements from the start. 

Rather than designing around the requirements of a single user, the team took a different approach: Build a highly efficient, adaptable facility that can accommodate changing tenants, temperature requirements and operating needs for decades to come. 

The result is a 363,000-square-foot Class A temperature-controlled warehouse designed to operate at temperatures ranging from minus 20 degrees to 65 degrees Fahrenheit. Dallas II can accommodate up to four tenants and features a flex-suite design that allows Suite 1 and 2 to be divided into several configurations to better meet a tenant’s needs. 

For an industry where tenant requirements vary significantly, that flexibility can be a major competitive advantage. At the new facility, insulated metal panels are installed around designated areas, creating what the development team described as a “picture frame” approach. When a tenant needs a different configuration or temperature zone, the remaining panels can be added without undertaking a major retrofit. 

The approach preserves the building’s thermal integrity while giving future users considerably more options.  

Energy Efficiency Starts with the Refrigeration System 

In a temperature-controlled building, energy efficiency cannot be an afterthought. The refrigeration system is one of the most important drivers of both operating costs and building performance. 

The development team worked with its refrigeration partner from the outset, integrating the system into the overall building design rather than treating refrigeration as a standalone component. 

The same philosophy carries through to the loading docks. 

The facility uses a coordinated dock system designed to limit the loss of conditioned air. As a truck backs into position, the dock lighting, truck seal and doors work together, while the refrigeration system responds to the additional cooling demand created when the doors open. 

Small operational details can have a significant impact when repeated hundreds or thousands of times over the life of a building. 

The project also incorporates 60 feet of dock depth, compared with a more typical 40 feet, providing additional room for truck maneuvering. Seamless flooring helps forklifts move more smoothly, reducing impacts that can damage equipment, product or the floor itself. 

Fire Protection Built for Extreme Cold 

The building’s flexibility extends to an aspect that is easy to overlook until it becomes critical: fire protection. With portions of the facility operating at temperatures as low as minus 20 degrees Fahrenheit, the fire suppression system must perform in an environment where conventional approaches are not practical. 

The freezer areas use a specialized dry sprinkler system with a double-interlock configuration, designed specifically for the extreme cold. Oversize sprinkler heads are built into the facility’s ceiling rather than into racks, and each head can discharge up to 250 gallons per minute in the location only where it’s needed, not across the entire building. This provides protection and fast response without creating risk of product loss. 

Designing For the People Inside 

The tour also underscored an important consideration in industrial development: the building has to work for people, not just products. 

Cold storage can be a challenging work environment, so the development team incorporated features intended to improve the day-to-day experience, including natural light in employee areas, bright white interior paint in lieu of more traditional gray, and a lighting system designed to make the facility more inviting. 

Even spaces that might otherwise be overlooked – such as battery-charging areas – were designed with employee experience in mind. 

The goal is practical: A better workplace can help companies attract and retain the people they need to operate increasingly sophisticated facilities. 

Looking Up – and Ahead 

At 55 feet clear, the facility is taller than the roughly 50-foot clear height that is common in many modern industrial buildings. That additional vertical capacity is more than a specification on a building plan – it creates another layer of flexibility for users. 

Higher clear heights allow tenants to take advantage of vertical storage and can provide greater capacity within the same building footprint. For a temperature-controlled facility, where land, construction and operating costs are significant, making better use of the cubic volume of the building can be an important part of the long-term value equation. 

It also fits with the project’s larger philosophy: When designing a building intended to serve different users over time, it makes sense to build in capacity that gives future tenants more options rather than optimizing the facility around today’s requirements alone.

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Energy did nearly all of it. Prices across the twenty-one countries using the euro rose 3.3% in the year to August, up from 2.9% in July, and the fastest pace since the autumn of 2023 — but strip out fuel and power and the picture is calmer, not hotter.

Eurostat’s flash estimate, published Tuesday, shows energy costs up 14.3% from a year earlier, a sharp acceleration from 10.3% in July. Everything else moved the other way or barely moved at all. Core inflation, which leaves out energy, food, alcohol and tobacco, actually slipped to 2.4% from 2.5%. Services inflation eased to 3.0% from 3.3%. Food, alcohol and tobacco held at 1.2%. Goods ticked up to 1.2% from 0.9%.

In plain terms: a European household’s grocery bill and restaurant tab are rising at roughly the same rate they were a month ago. The electricity bill and the fuel tank are what changed, and they changed enough to drag the whole index more than a third of a percentage point higher in a single month.

The source of that energy squeeze is the war in the Middle East and the disruption to oil and gas moving out of the Gulf, which has kept European energy prices well above their pre-conflict levels since spring.

That puts the European Central Bank in an uncomfortable position when its Governing Council meets in Frankfurt on Sept. 10. The bank raised rates by a quarter point in June, citing the war’s inflationary pressure, then held steady in July while it waited for data. Christine Lagarde said afterward that some council members had asked whether to move immediately. Markets are now positioned for an increase next week, which would take the deposit rate to 2.50%.

The argument against moving is straightforward: a central bank cannot manufacture oil, and raising the cost of borrowing does nothing to lower the price of imported gas. The argument for moving is that an energy shock that lasts long enough stops being a one-off and starts working its way into wages, transport costs and shelf prices across the economy — the second-round effects the ECB has said it is watching closely. Its own staff projections put headline inflation averaging 3.0% this year before falling back toward 2.0% by 2028.

September is also a projections meeting, meaning the council will publish fresh forecasts alongside whatever it decides. For American businesses selling into Europe, a hike would likely firm the euro against the dollar and make U.S. goods more expensive on European shelves, while European borrowers face costlier credit into the fourth quarter.

JBizNews Desk | Frankfurt

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Companies in the private sector added 38,000 jobs in August, payroll processing firm ADP said in its latest report on Wednesday.

The figure is below economists’ estimates of a gain of 48,000 jobs and down from the prior month’s revised 46,000 payrolls figure.

“Pay can tell us a lot about today’s choppy hiring,” said Nela Richardson, ADP’s chief economist. “To understand hiring patterns, you have to look deeply into where pay growth is accelerating, where it’s slowing, and for whom. Once-predictable wage growth has been overtaken by the complexities of demographic change, persistent inflation, and AI’s effects on jobs.”

THE COLLEGES THAT GIVE GRADUATES THE STRONGEST CAREER EDGE, ACCORDING TO LINKEDIN

Education and health services added 45,000 positions, leading job creation in August. Leisure and hospitality added 16,000, and financial activities and other services each gained 6,000.

On the negative side, manufacturing lost 17,000 jobs and professional and business services lost 16,000. Natural resources and mining, and trade, transportation each lost 5,000, while information lost 4,000 positions in the month.

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Chevron is expanding its footprint in Venezuela under new agreements that call for more than $7 billion in investment over the next five years and aim to more than double production from its joint ventures in the country.

The oil giant said Wednesday that the agreements establish updated fiscal, commercial and legal terms for its Venezuelan joint ventures, creating conditions for additional investment, development and production growth.

Chevron expects the joint ventures to increase production to approximately 600,000 barrels per day, while keeping total costs below $20 per barrel. Production across Chevron’s three Venezuelan joint ventures has already increased 15% so far this year, the company said.

MEET THE MAN BEHIND TRUMP’S JOINT VENEZUELA OIL VENTURE

As part of the latest agreements, Chevron’s Petroindependencia joint venture was assigned rights to develop the adjacent Carabobo-1 and Carabobo-2-South-A areas in Venezuela’s Orinoco Oil Belt. 

The expansion builds on an April agreement that increased Chevron’s working interest in Petroindependencia to 49%. That deal also gave the Petropiar joint venture, in which Chevron holds a 30% interest, rights to develop the adjacent Ayacucho 8 area.

“With improved terms and additional acreage, we are strengthening a portfolio that we believe can deliver attractive low-cost oil growth, support energy supply and create differentiated long-term value,” Chevron Chairman and CEO Mike Wirth said in a statement.

The investment push comes amid a major shift in the U.S.-Venezuela relationship following the January U.S. military operation that captured former Venezuelan President Nicolás Maduro in Caracas. Maduro was brought to the U.S. to face federal drug-trafficking charges.

Separately, the Trump administration announced an oil agreement last month involving approximately 65 billion barrels of proven Venezuelan reserves. Under the arrangement, Venezuelan interim authorities granted North American Blue Energy Partners 100-year concessions covering 17 oil fields, while the U.S. government secured majority ownership and governance rights in the venture.

Against that backdrop, Chevron credited the Trump administration, including the U.S. Department of Energy, with helping facilitate conditions for further investment and growth in Venezuela.

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“Continued engagement between government and industry is essential to advancing projects that support energy security, economic growth and continued investment,” Wirth said.

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EXCLUSIVE: The Federal Communications Commission (FCC) on Wednesday proposed a new consumer tool dubbed a Robocall Scorecard that gives consumers insight into efforts to crack down on illegal robocalls, FOX Business has learned.

A public notice was released by the FCC on Wednesday that seeks input on key principles for the creation and usability of a Robocall Scorecard. Those include ensuring that it’s easy to understand and accessible to consumers, establishing rating criteria that are relevant and accurate, as well as creating an iterative process to improve the Scorecard.

“Combatting the scourge of illegal robocalls remains the FCC’s top consumer protection priority. And since I became chairman, we have been tackling the problem at every point of the call path,” said FCC Chairman Brendan Carr.

“In keeping with this steady drumbeat of work on behalf of American consumers, today’s announcement reinforces the agency’s dedication to protecting consumers from illegal robocalls and ensuring they have the tools they need to make informed choices,” Carr added.

US BANS NEW FOREIGN-MADE CONSUMER INTERNET ROUTERS OVER SECURITY CONCERNS

The notice outlines categories of potential metrics – conduct-based metrics and outcome-based metrics – while also seeking comment on the FCC’s data sources and metrics to ensure they’re relevant in assessing how well providers are successfully and accurately protecting their customers from illegal robocalls.

Additionally, the FCC is seeking comment on ways to ensure that rating criteria and data are derived from sources that clearly disclose reliability limitations, while not inherently disadvantaging any particular provider.

Carr said that the scorecard will not only give consumers “more information about the measures providers are taking to fight illegal robocalls,” but will also “incentivize providers to improve their efforts.”

FCC ROBOCALL CRACKDOWN COULD CHANGE PHONE PRIVACY

The notice says that it’s seeking comment on which providers should receive a scorecard rating, adding that the FCC’s proposal is to only rate domestic voice service providers with retail customers – including all types of retail providers across network types that are subject to illegal robocalls. It also offers more detail about the proposed conduct and outcome-based metric categories.

Conduct-based metrics would evaluate whether a provider has taken specific steps or responded to specific requests regarding illegal robocall mitigation, regardless of whether doing so is shown to reduce illegal robocalls.

This would cover things like providers offering consumer tools to label or block calls, as well as efforts made by providers to label or block calls and their responses to traceback requests.

FCC MAKES AI-GENERATED ROBOCALLS ILLEGAL AFTER FAKE BIDEN VOICE USED

Outcome-based metrics would measure if a provider’s efforts actually reduce illegal robocalls reaching consumers, such as whether the number, rate, or severity of illegal robocalls experienced by consumers is lower because of something the provider did.

The outcome-based category would look at consumer complaints filed with the FCC and other federal agencies; aggregated data on the number of calls blocked along with the false positive rate for legitimate calls that are mistakenly blocked, and on the percentage of illegal robocalls received by consumers; as well as trend data showing the change over time in the volume or rate of illegal robocalls, drawn from third-party analytics sources when possible.

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Germany’s far Right is heading to a historic win in the eastern federal state of Saxony-Anhalt, with plans to overhaul society to foster national pride and reject the country’s “guilt complex” over the Holocaust.

The Alternative for Germany (AfD) party is predicted to win an election on Sept. 6. It seeks an absolute majority, which would allow it to govern alone and make AfD politician Ulrich Siegmund the state premier. A victory would deliver the first far-right government of a German state since World War II.

The AfD is polling at over 40% days before the election, about 20 points ahead of the center-right Christian Democratic Union (CDU), which has led the region since 2002. Its victory would overcome a barrier of mainstream parties that have refused to work with the AfD and blocked it from federal and state governments since its founding in 2013. 

The AfD has proposed a sweeping nationalist agenda that includes expanding deportations and moving refugees into group shelters, dropping support for public broadcasters, defunding “anti-German art” and teaching children less about the Nazi past.

Lars Rensmann, a political science professor at the University of Passau in Bavaria, wrote a report on antisemitism in the AfD for the American Jewish Committee. He said that the party does not rely on overtly antisemitic rhetoric; instead, AfD leaders reference coded antisemitic stereotypes of “globalist, cosmopolitan elites and shadowy financial powers.” 

Ulrich Siegmund, the lead candidate of the far-right Alternative for Germany party in Saxony-Anhalt, leaves an AfD campaign stand prior to state elections, Oschersleben, Germany, August 31, 2026. (credit: Jens Schlueter/Getty Images)

These powers, alongside migrants, are painted as part of a hostile external force that could destroy Germany’s national identity.

“On the official level, [the AfD] only occasionally mobilizes open antisemitism,” said Rennsmann. “Yet it does, on various levels, use antisemitic tropes, antisemitic ideas, antisemitism as part of a larger worldview.”

Officially distanced from neo-Nazi groups

The AfD has officially distanced itself from neo-Nazi groups and rejects allegations of extremism. Nonetheless, party leaders have repeatedly used Nazi slogans that are banned in Germany, such as “Alles für Deutschland,” or “Everything for Germany.” Björn Höcke, the AfD chairman in Saxony-Anhalt’s bordering state of Thuringia, has advocated for “a large-scale remigration project” to expel immigrants and prevent “our impending Volkstod,” or “death of the people,” using a term that played a major role in Nazi propaganda. 

The Saxony-Anhalt branch of the AfD has also focused its platform on moving past Germany’s “guilt complex” over the Holocaust. The party’s manifesto says that the country’s culture of commemorating Nazi crimes has “led to a situation where national pride is generally considered disreputable, the defense of one’s own interests is perceived as indecent, and politicians avoid any positive reference to our rich history before 1933.”

Höcke has also called Berlin’s Holocaust Memorial a “monument of shame.” 

The AfD’s normalization of Nazi language and downplaying of Nazi history have pushed it outside the family of other right-wing populist parties in Europe, according to Rensmann. Established far-right movements such as France’s National Rally and Italy’s Fratelli d’Italia have refused to ally with the AfD in the European Parliament, deeming it too extreme. 

The party’s branch in Saxony-Anhalt is also classified by Germany’s domestic intelligence agency as a confirmed right-wing extremist group, a designation the AfD strongly rejects. The government cited anti-constitutional positions in the party that it said violated the principles of human dignity, democracy and the rule of law. The national AfD is being monitored for “suspected” extremism.

If the party comes to power in Saxony-Anhalt, its nationalist views of history could have immediate effects on the state’s education system. Hans-Thomas Tillschneider, the AfD politician who has spearheaded a new state curriculum, told Deutschlandradio that he plans to emphasize pre-20th century German history with a formula that he called “More Bismarck, less Hitler,” referring to the 19th-century chancellor who realized the country as a unified nation-state.

Rensmann, the professor, noted that education is primarily controlled by state governments in Germany.

“They have ample opportunity to set curricular guidelines, and they will do that – I’m very sure they will implement this as soon as possible,” he said. “They will also draw potential civil servants to the state with an extremist neo-Nazi background, who were rejected as teachers in other states, and then they will have a good chance to join and become lifetime civil servants.” 

‘Patriotic cultural policy’

The AfD has also promised a “patriotic cultural policy.” In that vein, the party has proposed that artists and cultural organizations sign a declaration pledging their “commitment to German national culture” and promising not to “disparage Germany and its culture” if they seek state funding, which many heavily rely on. 

The party’s manifesto pushes for “German thinking” over “modern thinking,” specifically attacking the “identitylessness” of the Bauhaus art school, the Saxony-Anhalt institution at the forefront of an iconic avant-garde movement. The school was forced to close by the Nazis, who called it “un-German.”

Remko Leemhuis, the director of the AJC Berlin Lawrence and Lee Ramer Institute for German-Jewish Relations, said this cultural policy could threaten funding for museums dedicated to the Holocaust. Saxony-Anhalt is home to several Holocaust memorial sites, including the Lichtenburg concentration camp, the Langenstein-Zwieberge subcamp of the Buchenwald concentration camp and Roter Ochse, which was used by the Nazis as a prison and execution site. The memorials receive both federal and state funding.

“The AfD will immediately – or as soon as they can – cut the funding or reduce it to a level where a lot of these memorial sites are no longer able to operate in a way that they used to be,” said Leemhuis.

The party has not explicitly said that it will sever funding from Holocaust memorials. But it has proposed abolishing the State Agency for Civic Education, which finances a large portion of school trips to these sites.

Leemhuis added that the AfD could transform the priorities of Saxony-Anhalt’s domestic security agency. 

“This means the AfD has political power to direct security services where to look, where not to look,” he said. “Given the track record of this party, and especially this party group in that state, it will be very clear that there won’t be much of a focus on right-wing extremists.”

The AfD has defended itself against antisemitism accusations by saying that it supports Israel, specifically invoking Israel as a model of “the fight against Muslim immigration,” said Rensmann. At the same time, members of the party have accused Israel of deporting African immigrants to Germany and suggested that Israel has financially exploited Germany to pay for the Holocaust.

The Saxony-Anhalt branch of the AfD did not respond to a request for comment by press time.

An AfD victory in Saxony-Anhalt could portend wider-scale momentum, as CDU Chancellor Friedrich Merz struggles with plunging popularity amid a sluggish economy. The AfD won 20.8% of the vote in last year’s national election, the best post-World War II showing by a far-right movement, becoming Germany’s largest opposition party. 

Rensmann said that if the AfD sets the agenda it promised in Saxony-Anhalt, it will also immediately send a national message.

“If there is an AfD government, this will be a kind of model for others in the rest of Germany who are antisemitic or rejecting Holocaust memory,” said Rensmann. “They will see this as a model to aspire to.”

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Apple Maps is now displaying Lake Ontario as “Lake America” for users in the United States following President Donald Trump’s executive order directing the federal government to rename the Great Lake.

FOX Business confirmed the change Tuesday by reviewing Apple Maps, which showed “Lake America” on the map and in the location details for the body of water.

Apple confirmed to Reuters that U.S. users will see “Lake America,” while users in Canada will continue to see “Lake Ontario.” Users elsewhere will see both names.

APPLE ENTERS A NEW ERA AS JOHN TERNUS TAKES OVER AS CEO

The change follows Trump’s Aug. 27 executive order directing the Department of the Interior, in coordination with the Board on Geographic Names, to rename Lake Ontario as Lake America and update the federal Geographic Names Information System, or GNIS.

TIM COOK’S LAST DAY AS APPLE CEO: HOW HE LED THE TECH GIANT’S RISE TO $4T

The order also directs federal agencies to use the new name in maps, contracts, documents and communications. It applies to federal usage and does not require Canada, international organizations or private companies to adopt the designation.

Apple’s move came after Interior Secretary Doug Burgum said on FOX Business’ “Mornings with Maria” that Trump had reached out to Apple directly regarding the Maps designation.

Google made a similar change days earlier. The company said its Maps service would show “Lake America” to U.S. users after the GNIS update, while Canadian users would continue to see “Lake Ontario” and users in other countries would see both names.

The approach mirrors how Apple and Google handled Trump’s 2025 decision to rename the Gulf of Mexico as the Gulf of America for federal purposes.

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Canadian officials have rejected the Lake America designation. Prime Minister Mark Carney and New York Gov. Kathy Hochul said after Trump’s order that they would continue referring to the body of water as Lake Ontario, according to Reuters.

Reuters contributed to this report. 

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They say you can’t put a price on love—but in today’s economy, it might be common sense.

Single U.S. adults were asked in a new survey how much they ideally would like potential partners to earn—and were given the caveat that the expectations had to be “realistic.” Respondents who said the income of a would-be partner is important to them, on average, said $139,000 per year was an acceptable salary.

According to the study from insurance giant Northwestern Mutual, Millennials (aged 30 to 45) had the highest income expectations for a potential attachment, at $160,000. Meanwhile, Gen Z (currently aged between 14 and 29)—who are earlier in their careers—said $135,000 was an ideal sum. The survey spoke to those aged 18 and up.

Older generations had slightly lower expectations: Gen X (41 to 64 years old) said $123,000 a year is ideal, while Boomers (65 and up) said $125,000 was a healthy salary.

These expectations perhaps reflect the arc of individual earning expectations. Data from the St Louis Fed, analyzed by Investopedia, shows the median annual earnings for those aged 35 to 44 in the U.S. is $72,020. That is followed by those aged 45 to 54, who earned a median salary of $71,604. Ages 65 and upwards earned a median in the $60,000s while ages 25 to 34 had a median income of $59,800.

While the bar of expectations follows the trajectory of earnings for Americans as they age, the gap between “ideal” earnings for partners is significantly ahead of the real world.

Further gaps between expectation and reality appear when broken down by gender: Men ideally would like their partners to earn $101,000 a year, the study finds, while women would like partners to earn $172,000 a year.

One reason for the differing opinions may be due to the gender pay gap. While the Northwestern study does not define the gender of would-be partners, data support the notion that heterosexual women may be accustomed to male partners earning more. The Bureau of Labor Statistics (BLS) says that the median usual weekly earnings of full-time wage and salaried workers for men is $1,380 as of Q2 2026. For women, it is $1,131. This divide also widens as individuals reach peak earning potential: The BLS data shows that for men aged 25 and up, their median weekly earnings were $1,459 in the second quarter of 2026, and $1,171 for women.

Pew Research wrote last year that the gender pay gap has only fractionally closed over the past 20 years:  In 2024, women earned an average of 85% of men’s earnings, while in 2003, women earned 81% as much as men.

However, there’s a silver lining for single people who neither earn nor want to earn six figures: 59% of singles don’t believe a potential partner’s income is important.

The money talk

Younger people were talking to their partners earlier about finances, and said financial compatibility was more important than emotional chemistry, physical attraction, or shared interests, the Northwestern study (carried out by The Harris Poll) showed.

Compared to older generations, Gen Z and Millennials were more likely to talk about finances with potential partners in the first few days or weeks of a relationship (10% and 11% respectively, compared to 6% of Gen X and Boomers). They were most likely to talk about money when the relationship got “serious” but before moving in together or getting married.

They were also less likely than Boomers and Gen X to wait until marriage or cohabitation to have a financial chat (15% of Boomers waited that long, compared to 6% of Millennials).

With young people facing an increasingly challenging economy, the Northwestern study also reinforced a familiar trend: Milestones being pushed back, or potentially never hit, by younger people. 31% of Gen Z and 24% of Millennials reported financial challenges were an obstacle to buying a house, while 24% of Gen Z and 14% of Millennials said finances may delay or cause them to decide against having children.

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Top aides to US President Donald Trump are pushing to keep the Iran war from escalating before November’s midterm elections to staunch Republican electoral losses, four people familiar with the discussions said, a strategy that is already under strain as the United States and Iran resume their back-and-forth attacks.

White House officials will consider ramping up military action after the November 3 vote, said the sources, who requested anonymity to describe internal thinking, though any return to full-scale conflict is far from a given.

For now, they said, the administration is focused on tightening the economic pressure on Iran in an effort to extract concessions in any future negotiation that months of military action failed to secure.

“We are keeping the pressure on Iran,” one White House official said. “But November is a priority.”

Keeping the war mostly contained until then would help prevent the unpopular conflict from dominating the news as Trump’s Republicans campaign to defend thin majorities in the Senate and House of Representatives, said the sources, three of whom are White House officials.

Smoke rises after a U.S. one-way attack surface drone reached its target, a submarine and ship maintenance facility according to U.S. Central Command, in Bandar Abbas, Iran, in this screengrab taken from a video, which was released July 13, 2026.  (credit: U.S. Central Command/Handout via REUTERS)

Only 31% of Americans approve of the war, while some 63% disapprove, according to a late August Reuters/Ipsos poll, and voters are particularly unhappy about high gas prices.

A tactical pause could also give the US military some breathing room to replenish its heavily depleted munitions stockpiles, the sources said.

But pulling off the play-it-cool strategy looks more difficult by the day. While the conflict remains much less intense than it was during the spring or during a flare-up in the middle of the summer, both sides have exchanged tit-for-tat strikes in recent days.

Iran will likely keep striking US assets

Iran’s leaders, emboldened after months of disrupting traffic through the Strait of Hormuz and facing little internal unrest, will likely keep striking at US and allied Gulf targets, including military bases, vessels and energy infrastructure, at least periodically, analysts said.

The US will face pressure to retaliate, potentially leading to an escalatory spiral that brings both sides back to a full-scale air war – whether or not the administration wants it.

Over the weekend, the US struck rocket launchers on Iran’s Larak Island after a month of relative calm, prompting Iran to fire missiles toward Jordan and the United Arab Emirates. On Tuesday, the US hit more Iranian targets around the Strait of Hormuz.

“The regime has every incentive to disrupt the ‘calm’ – which is no real calm, after all, since the administration’s explicit aim is to increase economic pressure massively on Iran,” said Barbara Leaf, who served as the top State Department official for the Middle East under former President Joe Biden.

Another wild card is Trump himself.

The president’s approval rating has fallen from 40% to 33% since the conflict began, according to Reuters/Ipsos polling. Sources said he is not currently interested in escalation, but he is famously prone to changing his mind and could change course in response to events.

Trump threatened on Tuesday to escalate the conflict if Iran hits back against the latest US strikes.

“If the failed Nation of Iran retaliates for this very justified attack, they will be hit again at a much harder and higher level, but it will not be the biggest attack of them all, that is waiting in the wings,” he wrote on his Truth Social platform.

Constrained by logistics, politics

Trump has publicly said the upcoming elections were not factoring into this Iran strategy.

But as the war enters its seventh month, his White House finds itself increasingly constrained by logistical and political realities.

“The timetable has changed,” one senior White House official said. Another added that the “calendar is driving Iran.”

Reuters reported in August that the military had used “virtually all” of its supply of certain precision missiles. On Sunday, the Washington Post reported that the heads of the Army, Navy and Air Force warned Pentagon chief Pete Hegseth in a written assessment that prolonging the war was unsustainable and would diminish the military’s readiness in other theaters.

The Pentagon has said the military had “everything it needs to execute” its mission.

“President Trump has destroyed Iran’s military capabilities and is crippling what’s left of its abysmal economy with the most powerful naval blockade in world history and crushing sanctions,” White House spokeswoman Olivia Wales said. “The President will continue to advance America’s interests at home and abroad and will never allow Iran to have a nuclear weapon.”

America’s Gulf allies — some of whom had pushed for aggressive action against Iran earlier in the war to weaken their main regional adversary — roundly urged the White House to deescalate after a recent round of attacks in late July, regional diplomats said.

Currently, two White House officials said, Vice President JD Vance and Secretary of State Marco Rubio are among the high-ranking Trump aides who are on board with the idea of trying to keep the Iran conflict relatively “quiet” until November.

In recent weeks, administration officials have instead intensified an economic isolation campaign, during which the US has threatened to slap countries that trade with Iran with massive sanctions, while maintaining its own blockade on the Strait of Hormuz.

The trade-focused strategy, however, has its own limits, analysts and officials said.

Iran has spent decades under layers of US and ⁠international sanctions that have battered its economy but have not deterred its leadership.

On Sunday, Treasury Secretary Scott Bessent said the pressure campaign may cause Iran to lash out militarily, raising the prospect that the economic campaign could itself stoke military escalation.

Additionally, some major world powers, like China, have not joined Washington’s bid to isolate Iran, prompting questions about the campaign’s effectiveness.

“The purpose of the new sanctions package is meant to add economic pressure on top of that being caused by the blockade to force Iran back to the table, after the administration determined it was a better option than returning to kinetic action,” said Alex Plitsas, a senior fellow at the Atlantic Council.

“Iran is concerned about it, but China has already indicated that it’s not willing to play ball, which calls into question how effective it will be.”

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The WhatsApp videos come from Israeli friends who have spotted Paraguay’s flag beside beef on sale. “Ambassador, there’s Paraguayan beef here,” they tell Alejandro Rubin Cymerman, Paraguay’s ambassador to Israel. He had visited supermarkets, suppliers and buyers to ask them to display the flag. Now, those messages give him a satisfaction that trade figures alone cannot provide. 

“Israel needs its supporters to be here,” Rubin told The Media Line in a Spanish-language interview at Paraguay’s embassy in Jerusalem. He arrived in January 2024 with instructions to move the mission to the city during the war. With that move accomplished, his work includes building commercial and institutional ties that can survive changes of government, from beef sales to water management and education. 

Rubin put Paraguayan beef exports to Israel at $220 million in 2025 and forecast roughly $300 million this year. That compares with $88 million in 2023, when, he said, exports practically stopped after October. He credited the private sector with much of the subsequent growth. “We only played a small part,” he said, while describing his effort to make the meat’s Paraguayan origin more visible to shoppers. 

The country itself had been unfamiliar to many Israelis he encountered when he arrived, Rubin recalled. Some asked where Paraguay was, a response he found painful given its longstanding support for Israel, dating back to the 1947 UN partition vote. He believes President Santiago Peña’s public support and the embassy’s relocation helped change that. “Today I go out, say ‘Paraguay,’ and people say, ‘Thank you,’” he said. Rubin described Israel, the United States, and Taiwan as the three pillars of Peña’s foreign policy. 

Paraguay’s embassy policy has changed with its presidents before. The country moved its mission to Jerusalem in 2018, then returned it to Tel Aviv later that year under a new president. Israel responded by closing its embassy in Asunción. Israel reopened its mission in September 2024, and Peña inaugurated Paraguay’s embassy in Jerusalem that December. Rubin called the earlier reversal the relationship’s worst moment, while stressing that Paraguay never closed its embassy in Israel. 

Paraguayan Ambassador to Israel Alejandro Rubin Cymerman speaks to The Media Line, September 1, 2026. (credit: Screenshot/YouTube/themedialine)

Asked how the relationship could withstand another political transition, Rubin said both governments and their foreign ministries were working to make cooperation useful to their populations. He suggested domestic Paraguayan considerations may have contributed to the 2018 decision. The task now, he said, was to establish “the strongest possible ties” beneath the move to Jerusalem, with benefits for both countries. 

Israel signs at least five memorandums of understanding with Paraguay

Paraguay and Israel have signed at least five memorandums of understanding, according to Rubin, covering fields including water, innovation, defense, and technology. Their implementation is uneven. “Sometimes signing agreements is easier than carrying them out,” he said. Water cooperation is furthest along: Israeli technical experts have visited Paraguay to examine its water system, an assessment is being prepared, and another delegation is planned. 

Paraguay’s abundant water does not make that work unnecessary, Rubin argued. The country sits above one of the world’s largest aquifers, he noted, but poor management could create future problems, including declining water quality. “You might say we have no water problem. But we do have a water management problem,” he said. Israel’s experience managing scarce supplies, in his view, offers practical lessons for a country with very different resources. 

War disrupted the exchanges needed to move projects forward. Rubin said bringing visitors to Israel had been particularly difficult for almost six months. Embassy staff continued working from bunkers, hearing explosions and feeling the building shake. “We went through very difficult times,” he said. Visits are resuming, according to the ambassador, after interruptions that slowed cooperation across several fields. 

On cybersecurity, he did not confirm that a separate memorandum expected this year had been signed. He described a process of review and exchanges between the responsible ministries. Under the security agreement signed last year, he said, delegations must be formed, with an Israeli delegation due to make the first visit. Arranging travel by defense officials has been difficult while Israel emerges from wartime conditions, he said. 

Rubin distinguished those formal arrangements from existing intelligence and security cooperation, which he said had continued. “That doesn’t require a memorandum of understanding between the institutions,” he said. “They understand each other.” He did not describe specific operations or intelligence exchanges, but maintained that cooperation between the two countries remained active despite the obstacles to official visits. 

Paraguay-Israeli collaborating for better educational outcomes

Education presents a different problem of measurement. Asked about cooperation with the Feuerstein Institute, Rubin said work involving cognitive development requires time and cannot be judged as quickly as commercial sales. He did not offer figures for educational outcomes. “It’s not the same as selling beef,” he said. “Beef is easier. But this is where we’re investing in long-term relationships.” 

Agriculture also gives the two countries a reason to work together beyond the sale of meat. Paraguay knows how to produce food, Rubin said, but needs to increase output from each square meter of land. He sees Israeli technology as a way to improve productivity and said private companies were seeking each other out. He also promoted Paraguay as a base for Israeli businesses entering the Mercosur regional trading bloc, citing its economic stability and tax environment. 

Rubin welcomed what he described as a rightward political shift in parts of Latin America, associating it with renewed ties to the United States and Israel. He said Paraguay maintains good relations with its neighbors and benefits when they prosper, while arguing that its economy has become less dependent on their fortunes. “Paraguay needs a strong Argentina. It needs a strong Latin America,” he said. 

His next personal priority is getting Israeli backpackers to include Paraguay in their itineraries. He describes an affordable country with good food and abundant nature, but acknowledges that it still needs to win a place in their travel plans. He also offered reassurance to prospective Israeli visitors: They “can show their passports without shame, without fear of being Israeli.” 

This post was originally published on here. 

Britain on Wednesday fined Citibank £4.7 million ($6.35 million) under its Russia sanctions regime, stating that the US bank’s CBNA London unit had made funds available for the benefit of those covered by sanctions.

Britain’s Office of Financial Sanctions Implementation said the majority of the breaches occurred between February and November 2022, and CBNA London had voluntarily disclosed the majority of the breaches to the regulator.

Since the Russian invasion of Ukraine in February 2022, Britain, the United States and the European Union have imposed thousands of sanctions on individuals, entities and ships.

The OFSI said that many of the breaches arose in the aftermath of sanctions initially being imposed, which it said had placed “significant strain on the bank’s alert handling and investigation processes”.

“OFSI does not consider there to have been any intent by CBNA London to breach sanctions. However, the errors and failings referred to above were, in aggregate, material and significant and they occurred across a wide range of business areas and systems within the bank,” the regulator said in a statement.

Citi did not immediately respond to a request for comment.

This is a developing story.

This post was originally published on here. 

  • In today’s CEO Daily: Welcome to the John Ternus era at Apple.
  • The big leadership story: How long should a CEO get for a turnaround?
  • The markets: Down globally at the start of September, a historically bad month for stocks.
  • Plus: All the news and watercooler chat from Fortune.

Good morning. John Ternus steps up as CEO of Apple today in one of the most public and well-chronicled succession handoffs in recent memory. My colleague Sebastian Herrera has written a great analysis of whether this low-key engineer can lead Apple to victory in the AI race. That’s a key question to track for Apple and other companies at this pivotal moment. And there are other questions to keep on the radar:

Will Apple now have two centers of power? Tim Cook wrote an emotional memo to staff yesterday, in which he thanked colleagues for bringing out the best in him and praised the “brilliant and wonderful and capable” Ternus as the perfect person to lead Apple. But Cook isn’t going away. As executive chairman, he’ll not only continue to mentor his successor but also engage with policymakers and other external stakeholders on Apple’s behalf. That’s not unusual—or even undesirable—in these tricky political times. But it can add a layer of complication for the new guy, as Bob Chapek discovered when taking over from Bob Iger at Disney in 2020. (Iger remained as executive chairman and returned to the CEO role after Chapek was ousted in 2022.) Other CEOs have privately complained to me that leading a company can be awkward when their former boss sticks around. The onus for getting that balance right will fall largely on Cook.

What problem does Apple have to fix? As Sebastian writes, “The job description for the chief executive at Apple—and the standards by which success is measured—have often been defined by the person in the role.” With the CEO title moving from a master operator (Cook’s background was in logistics and supply chain) to a master engineer with a quarter-century of experience working on Apple’s iconic devices, one might assume that Apple’s chief challenge is to reinvent its products for the AI era. But maybe the bigger challenge is to reinvent its ecosystem, and even its culture, in radical ways. Of course, expertise in one area doesn’t preclude developing or hiring expertise in another. Along with setting the vision and strategy for the company, a CEO’s main job is to create the leadership team to execute on it. Keep a close eye on who Ternus promotes or hires in key roles.

How will Ternus handle the innovator’s dilemma? Apple controls a fifth of the global smartphone market and closer to two-thirds in the premium category of devices, those that cost more than $600. As noted by Clay Christensen, the late Harvard Business School professor and coiner of the term “innovator’s dilemma,” successful companies are incentivized to focus on improving their most profitable products to the point where they often ignore or try to fight innovations that threaten to disrupt their core business. That tendency could be disastrous for Apple, which has struggled to find its footing in the AI era. Last I checked, the most popular AI assistants were owned by Google, OpenAI, and platforms other than Apple. Yes, the iPhone is still ubiquitous. BlackBerry was also a fantastic hardware maker. (I still miss that Qwerty keyboard.) Enough said.

Contact CEO Daily via Diane Brady at diane.brady@fortune.com

This story was originally featured on Fortune.com

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An unknown object exploded near a train station in the southern city of Augsburg in the early hours of Wednesday, German police said, adding that two passers-by aged 17 and 18 sustained minor injuries.

The blast occurred in a building passageway, Bavaria state police said, adding that the injured individuals were two Ukrainian citizens.

Hours later, the city’s main train station was closed after an additional suspicious object was found there, but rail operations resumed later in the morning.

News outlet Bild reported that early in the morning, a hand grenade detonated in front of a jewelry store and that the train station itself was apparently not the target.

A police spokesperson said details on the explosive device remained unclear.

Augsburg is a regional transport hub around 55 kilometers (35 miles) northwest of Munich.

This is a developing story.

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Six people evading the IDF draft were arrested at Ben-Gurion Airport on Wednesday for attempting to avoid security measures and flee the country, the Israel Airports Authority (IAA) announced.

According to the IAA, the six were caught in two separate incidents, with two of them caught by airport security in Terminal 1 and four caught in Terminal 3.

During the ensuing investigation by the Interior Ministry’s Population and Immigration Authority, it was discovered that the six had IDF draft orders against them, which prevented them from leaving the country.

The N12 news site reported that the six suspects were haredi (ultra-Orthodox).

 Haredi men are seen protesting the effort to draft ultra-Orthodox Israelis into the IDF. (credit: FLASH90)

IDF advises draft evaders how to avoid arrest

Earlier this month, an official IDF social media channel published a video advising haredi draft evaders how to avoid arrest at Ben-Gurion Airport.

The video was later deleted after Army Radio reported it and the station asked the IDF about it.

The video, published on the military’s official Instagram channel for haredi service members, hardim.idf, came ahead of an expected surge of thousands of Israelis traveling to Uman, Ukraine, for the annual Rosh Hashanah pilgrimage.

Jerusalem Post Staff contributed to this report.

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Yan Shemla was named on Wednesday as the suspect arrested in connection with the suspected deliberate contamination of baby fruit-puree jars with sedative drugs in Jerusalem.

The Jerusalem Magistrate’s Court extended his detention on Tuesday until September 6 after finding that the investigative material established a “significant” reasonable suspicion of his involvement.

Police suspect Shemla of deliberately inserting sedative substances into jars of Prinok fruit puree sold at two Zol Begadol supermarket branches on Jaffa Street. The offenses under investigation include using poison in a manner that endangers life, theft and negligent handling of medication.

Shemla, a resident of southern Israel, was arrested at his home on Monday after police reported a breakthrough in the investigation. Officers searched the property before taking him for questioning.

The Magistrate’s Court initially allowed his name to be published but temporarily delayed the decision at the request of his attorney, giving the defense time to consider an appeal. His identity was released on Wednesday morning.

Attorney Zecharia Shenkolevsky, who is representing Shemla through the Public Defender’s Office, said his client has a mental-health condition and is in a complex psychological state.

“The investigation is in its early stages, and we expect it to be conducted while protecting his rights, certainly in light of his medical circumstances,” Shenkolevsky said. He added that Shemla was cooperating with investigators.

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The World Food Programme (WFP) is cutting in half the number of Palestinians it can support with food assistance in the West Bank due to funding shortfalls, the UN program announced Tuesday.

Despite now reducing the service, the WFP shared that food needs have doubled since 2023 and an estimated 900,000 people are experiencing food insecurity in the Palestinian territory, and up until now the program has only been able to support 400,000 of those in need.

While not mentioned by the WFP, after Hamas’s October 7 attacks on southern Israel, the Israeli work permits of 140,000 Palestinian was revoked.

WFP’s latest quarterly food security analysis found that 76% of households in the West Bank have experienced a significant decline in income, and the food and fuel prices remain among the highest in the Middle East. These prices, the WFP claimed, have forced many families to sell assets and reduce the number and quality of their meals to survive.

Notably, according to the Palestinian Central Bureau of Statistics, the unemployment rate among those aged 15 and above stood at 27.9%, and the average daily wage stands at only NIS 134.3, just over half of Israel’s minimum daily wage of NIS 257.75.

World Food Programme (WFP) provides food parcels to displaced people in Gaza City, after the Israeli army allowed it, October 23, 2025. (credit: Ali Hassan/Flash90)

One-third of West Bank Palestinian families cannot afford nutritious diet

The WFP’s analysis also noted that around 12% of Palestinians in the West Bank have poor food consumption and around a third of families cannot afford a nutritious diet, especially those living in rural areas and in the southern West Bank.

“Families who were once thriving and earning a living from their land are now unable to afford enough food,” said Shaun Hughes, WFP Country Director for the Palestinian territories. “At a time when WFP should be scaling up assistance to reach more people, we are being forced to make difficult decisions, prioritizing the most vulnerable while cutting assistance to others despite widespread needs. We urge the international community to act immediately and step up support for Palestinians.”

Operations in Gaza are also being affected by the funding shortfall. In July, the WFP reduced by 40% the cash value of its assistance for 375,000 people. 

This post was originally published on here. 

At least 21 people were killed and 28 wounded in a bus accident on Egypt’s Dahab-Nuweibaa road in South Sinai on Wednesday, the health ministry said in a statement.

Israel Police and Magen David Adom are actively trying to determine if any Israelis were wounded during the accident, N12 reported.

The area along the Red Sea coast is popular with tourists.

Last month, 15 people were killed and 32 wounded in a road accident in Egypt’s Ismailia governorate.

This is a developing story.

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Saudi Arabia’s national shipping company, Bahri, said on Wednesday that two Filipino seafarers were killed in a security incident involving its vessel “SIDR” while it was transiting the Strait of Hormuz on August 31.

Later on Wednesday, Iran’s Islamic Revolutionary Guards said that two oil tankers hit sea mines and were disabled while attempting to transit the Strait of Hormuz.

The statement said the tankers had been forced to disembark their crews and were placed in the hands of US operatives to pass through what it called an “illegal route” in the strategic waterway, despite earlier warnings from the Guards’ navy about the dangers of crossing the mined passage.

This is a developing story.

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A 30-year-old Arab-Israeli citizen who had formerly served in the IDF was charged with affiliating himself with the ISIS terror group, Israel Police announced on Wednesday, after his allegiance was discovered in an investigation by the Shin Bet (Israel Security Agency).

The suspect, Khamis Su’ad, had served in the IDF between 2017 and 2019 and had allegedly exhibited a growing interest in ISIS since 2023, according to the indictment.  

This is a developing story.

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A car struck a gathering of supporters of Iran’s government and armed forces in the northeastern city of Mashhad overnight, killing four people and injuring more than 10, several Iranian media reported on Wednesday.

A car traveling at high speed first collided with another vehicle, lost control, and then veered into the crowd after hitting safety barriers and traffic signs, Noor News reported, citing Mohsen Mousa-Abadi, head of Razavi Khorasan Province’s traffic police. The driver was arrested.

“The driver of the car is a man of about 35 years old and has a conditional license, with medical restrictions. This person has no vision in his left eye and was driving only with his right eye,” an unnamed traffic police official was quoted as saying in a later report by the judiciary’s news outlet Mizan.

Mizan added that the accident was neither intentional nor security-related.

This is a developing story.

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WASHINGTON — The White House announced more drug pricing deals on Monday, this time with midsize biotechnology companies. In doing so, President Trump once again grabbed headlines on a topic he believes will benefit Republicans in the midterm elections. 

But the voluntary deals might not amount to much, at least not immediately, according to analysts. That’s because they chiefly apply to Medicaid, which by law gets the lowest prices of any U.S. payer, while exempting companies from mandatory price reductions in Medicare. 

The idea behind the agreements, called most-favored nation, or MFN, is that the United States should pay prices comparable to peer nations. 

Continue to STAT+ to read the full story…

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It usually takes 10 minutes for Marc Abrahams, founder of the Ig Nobel Prizes, to walk from his home in Cambridge, Mass., to the annual award ceremony — a world-renowned spectacle celebrating quirky scientific achievements.

But this year, Abrahams’s trip involves an international flight.

For the first time since the awards — a satirical version of the Nobel prizes — were created in 1991, the ceremony, which takes place Thursday and draws hundreds of scientists and journalists from around the world, is not being held in Cambridge or Boston. Organizers said they decided to move the event to Zurich, Switzerland, due to concerns that many international participants, including award winners, would not feel comfortable or be able to come to the United States amid the Trump administration’s immigration crackdown and upending of science.

Continue to STAT+ to read the full story…

This post was originally published here. 

This fall, clinicians and researchers around the world will gather at conferences to discuss the future of psychiatric care, including the next edition of the Diagnostic and Statistical Manual of Mental Disorders (DSM), expected in 2030.

It will be the first revision since 2013, when TikTok didn’t exist and generative AI wasn’t a source of health information. That same year, Facebook retired its old ranking system and moved to a machine learning model built to predict what would keep someone scrolling. The way algorithms now shape how people think about food, their bodies, and themselves would have seemed like science fiction in 2013.

Read the rest…

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Democrats Party chairman Yair Golan warned on Wednesday that Sara Netanyahu’s comments about him having previous knowledge of the October 7 massacre were not “just a slip of the tongue,” but part of a planned move designed to tarnish him and the government’s political opponents.

“It’s not a slip of the tongue. I simply see what’s happening on the networks, what elements within the Likud, within the coalition, have been saying about me since October 7. This is not some slip of the tongue; it’s a planned move,” Golan said in an interview with Maariv’s podcast broadcast on Wednesday.

“Netanyahu’s real project is to dismantle the norms of Israeli society. It is to dismantle the values ​​of Israeli society,” he added. “It is to turn good into evil, to turn straight into crooked, to turn the proper and the moral into corrupt. That’s what he’s doing.”

Sara Netanyahu, in a Channel 14 interview on Monday evening, suggested that Golan knew about October 7 prior to the attacks. “When you are a military officer of such a high rank and claim that you fought on October 7, you were already there early in the morning, already dressed and prepared; at a very early hour, when others did not know, such as the prime minister,” she said.

According to Golan, the government has been acting this way since way before the war. “They invented a story to smear political opponents,” he explained. “It started before the war, during the coup. That is, from January 4, 2023, to October 7. Since then, and to this day, it’s the same method. It’s taking everyone who opposes them, labeling them a traitor, and when there are no things to cling to, then they invent conspiracy theories. This is a planned, systematic, orderly move.”

Yair Golan leads The Democrats, it is polling at around 10 seats. (credit: MARC ISRAEL SELLEM/THE JERUSALEM POST)

Support from political opponents on the right

Golan also revealed that the support he has received from journalists and right-wing figures who do not identify with his political positions has also helped as encouragement.

“Yes, it’s not just journalists; it’s also people on the right who are clearly right-wing, and I want to tell you that it’s very encouraging. It’s really very encouraging,” he said.

“It means that once we have some kind of common normative basis, that we know how to admit the truth together, then there’s something to talk about. I think that when there are people on the right who are clearly right-wing who make a statement that begins first and foremost with a clear message of values,” he added.

He also recalled the morning of October 7, explaining that he woke up earlier, by 6:15 a.m., and started noticing more movement than usual, with people going for their phones. He then decided to turn on the radio and waited until his wife woke up.

“At eight in the morning I told her: ‘I have to go back to the army.’ I went upstairs, looked in the warehouse for the military shoes, and found them. At eight thirty I left the house,” he said. “I said to myself, what am I doing? I said: We’ll go to the Home Front Command headquarters. It’s also on the way south, and I was also the commander of the Home Front Command. I knew I would be welcomed there.”

He then arrived at the headquarters around 9:00 a.m. “I went into the command situation assessment, and that’s when I understood for the first time the dimensions of the disaster,” he pointed out. “I signed for a weapon, a vest, and a helmet, got into my private car, and went down.”

He also recalled being surprised by the reaction he received from the soldiers at the checkpoints. “I arrived at the camp; I was at the checkpoints. I was surprised. I thought they would block me, that they wouldn’t let me in. At all the checkpoints I passed through, the soldiers were so frightened that when they saw a senior commander arriving in the area, they welcomed me warmly.”

Netanyahu launched campaign to spread October 7 conspiracy theories, Likud member says

On Tuesday, a Likud source told N12 that Prime Minister Benjamin Netanyahu launched an intentional campaign aimed at spreading conspiracy theories about October 7.

There is an intentional effort to propagate such rumors as part of an effort to distance the prime minister from the massacre, “at all costs,” the source said.

On Tuesday night, Netanyahu claimed in an Instagram post that IDF officers intentionally failed to inform him of the attack because they didn’t want him to prevent it. In May 2024, the IDF confirmed that the prime minister had received four warning letters between March and July of 2023, concerning how Israel’s “enemies” perceived the societal divides in the State of Israel and their effect on Israel and the IDF in particular.

The post clarified Sara Netanyahu’s earlier remarks, adding that “there was no betrayal on October 7; there was a failure.”

Golan demands apology from Sara Netanyahu

Golan demanded that Sara Netanyahu issue a formal apology within 24 hours or face an NIS 2.5 million lawsuit for defamation.

“I retract the statements I made in my interview with Channel 14 regarding Yair Golan, which were nothing more than false and baseless nonsense. Mr. Golan went to the Gaza border area on October 7 armed only with his weapon and, while risking his life, saved young people from the Nova music festival. Mr. Golan, like all Israeli citizens, learned of the Hamas attack when the first sirens sounded at 6:29 a.m. on October 7 and, as a result, decided to act and went into the field.”

He added, “They are trying to rewrite October 7 in order to erase Netanyahu’s responsibility for the greatest failure in the country’s history.”

Responding to Netanyahu’s Instagram post, Golan said that it was “not an apology, but an attempt to minimize the damage.”

Keshet Neev contributed to this report.

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The German Navy successfully completed a dual trial of Israel Aerospace Industries (IAI)‘s Naval Lora ballistic missile on Tuesday night, as part of the German Navy’s Operational Experimentation (OPEX).

During the trial launches, the missile “was launched to its trajectory, navigated its course to the target, and hit it with utmost precision,” IAI said in a press release.

German naval chief, Vice-Admiral Jan Christian Kaack, said that the successful launch “made naval history.”

“I am extremely pleased with this achievement,” he added.

Kaack described the missile’s potential range as exceeding “anything we have known before.

IAI's Naval Lora ballistic missile after being launched during a trial with the German Navy, September 1, 2026. (credit: Screenshot/Instagram/wir_sind_marine)

“For the protection of Germany and our allies, this test represents a new chapter in terms of deterrence and defense readiness at sea,” Kaack said.

German test of IAI missile is ‘unprecedented achievement’

The response to the successful trial from the Israeli side was also enthusiastic.

“This is an unprecedented achievement for IAI and the Israeli Ministry of Defense,” IAI Chairman Boaz Levy said. “This trial demonstrates Israel’s technological strength and the unique cooperation between Israel and Germany. It marks another significant achievement alongside the deployment of the Arrow 3 system on German soil, further strengthening Germany’s defense and deterrence capabilities and deepening the strategic partnership between our two countries.”

Guy Bar Lev, IAI’s CEO, also expressed pride in the partnership between Germany and Israel, saying that the trial “underscored” the two countries’ strategic cooperation.

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Russian President Vladimir Putin highlighted on Tuesday the recent development of Turkey‘s first nuclear project, saying that Moscow plans to continue developing the nuclear and economic ties between the two nations.

During a meeting with Turkish President Recep Tayyip Erdogan, on the sidelines of the Shanghai Cooperation Organisation (SCO) summit, held in the Kyrgyz capital Bishkek, Putin pointed out the strong relations between his country and Turkey, while also saying that one of the main shared projects between the countries is the construction of the Akkuyu Nuclear Power Plant.

“Joint projects continue to be implemented. One of them is the Akkuyu Nuclear Power Plant. You have set a target of commissioning the first unit of the plant this year. This will happen,” Putin told Erdogan.

What is Turkey’s nuclear project?

Developed by Russian state-owned corporation Rosatom, the plant is located on the Mediterranean coast in Mersin Province. It is Turkey’s first and main nuclear project, with the four power units expected to have a total capacity of 4,800 MW using VVER-1200 reactors, which would represent 10% of Turkey’s entire energy consumption.

Erdogan also addressed the nuclear project, saying that Turkey plans to build more power plants with Russia in the future. “With the opening of the Akkuyu Nuclear Power Plant, we will also take steps together to open some new power plants. We are in the midst of these preparations,” he said.

Russian President Vladimir Putin shakes hands with Turkish President Tayyip Erdogan during a meeting on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Bishkek, Kyrgyzstan September 1, 2026. (credit: Sputnik/Kristina Solovyova/Pool via REUTERS)

According to the statements by the two heads of state, outside of the energy sector, the main focus for developing relations will be on agriculture and tourism, with Russian tourists being among the most important visitors to Turkey, according to Erdogan.

Along with both heads of state, Turkish Foreign Minister Hakan Fidan and the head of Turkey’s National Intelligence Organization (MIT), Ibrahim Kalin, also attended the meeting.

Russia expands relations with Iran

During the SCO summit, Putin also met with Iran’s President Masoud Pezeshkian, who thanked the Russian leader for Moscow’s position on the war in Iran and the resulting sanctions.

Both presidents  said that together, Moscow and Tehran can resist what he called US “unilateralism.”

During the meeting, Putin told Pezeshkian that Moscow stood in solidarity with the Iranian people in the fight for their interests.

Putin also said that Russia and Iran will maintain their economic and trade relationship despite the current military and political environment.

“During this difficult period, we are striving to provide you with the necessary assistance – as we have discussed – and are supplying you with essential goods,” Putin said.

Tzvi Jasper contributed to this report.

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National Security Minister and Otzma Yehudit party leader Itamar Ben-Gvir said on Wednesday that Likud needs to conclude the transfer of Tally Gotliv to his party today if it wishes for the MK to run during the upcoming elections in the right-wing party.

“If Likud wants to transfer Tally Gotliv to Otzma Yehudit, it needs to carry out the procedures today, instead of sending empty briefings to the media,” said Ben-Gvir in a statement.

This follows Gotliv telling KAN Reshet Bet on Tuesday that she would weigh joining Otzma Yehudit if presented with a worthwhile offer.

“I would be very happy to receive a good concrete offer from Otzma Yehudit, and I would consider it seriously,” Gotliv told KAN. “I owe it to my voters to seriously consider any concrete proposal that would allow me to put my abilities to use.”

“The prime minister owes me nothing; he is under no obligation to appoint me justice minister, nor will he appoint me to any other ministerial post or as the chair of an important committee.”
Gotliv claimed she had been deliberately targeted during the party’s primaries, after Netanyahu’s reserved slots on Likud’s list pushed her to the 20th spot.

Jerusalem Post Staff contributed to this report.

This is a developing story.

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The IDF killed two Hamas terrorists in a Monday strike on Gaza, including a commander from the Military Security Department of Hamas’s Gaza City Brigade, the military confirmed on Wednesday.

According to the military, terrorists Talal Mustafa Saleh Badawi, who was the commander, and Momo Saeed Mohammed Hawari were killed during the strikes on Gaza.

“Recently, the terrorists advanced terror attacks against IDF troops and Israeli civilians and operated to rehabilitate the capabilities of the terrorist organization, in systematic violation of the ceasefire,” the military added.

Two terrorists killed in Gaza strikes on Monday, August 31, 2026. (credit: IDF SPOKESPERSON UNIT)

Jerusalem District Border Police kill three terrorists during operations

Additionally, Israel Police announced that it had killed three terrorists during operations by Jerusalem’s Border Police in the village of Bayt Rima, West Bank.

According to the police, undercover officers infiltrated the village overnight to locate and arrest troublemakers last seen in the area.

During the operation, a violent clash erupted with some of the villagers, which included the hurling of stones at the undercover agents.

At the time, the agents identified that three terrorists posed a danger to the forces and killed them with precise fire, police said.

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Several cars were set on fire in the village of Osarin, near Nablus, in the West Bank overnight, N12 News reported on Wednesday morning.

The incident is suspected to be a nationalist attack by extremist settlers, N12 added.

According to N12, no arrests have been made in connection with the attack as of the writing.

This is a developing story.

This post was originally published on here. 

David Head is CEO of Endorsed, a San Francisco identity verification startup that uses AI to screen candidates. That task includes detecting signs of potential imposters and fraudsters, which these days includes a torrent of North Korean operatives posing as IT workers, who over the past several years have snuck into hundreds of U.S. companies.  

Endorsed, which Head co-founded with CTO Kevin Fu, has analyzed more than 11 million job applications for fraud and is backed by Joe Montana’s Liquid 2 Ventures, Pioneer Fund, and angels including Micah Smurthwaite, said Head. The firm analyzed a sample of 175,000 job applications for all role types in 2026 across U.S. companies ranging from three to 25,000+ employees, where the application was flagged as having mid-to high-risk patterns associated with North Korean IT worker schemes. If you aren’t aware, men from the Democratic People’s Republic of Korea have been forced to pose as workers seeking IT jobs so they can funnel their earnings into authoritarian ruler Kim Jong Un’s nuclear weapons program, according to the UN. 

Among U.S.-based remote IT roles, where Head says the fraud is most concentrated, applications carrying those patterns went from 11% of the total in the third quarter of 2024 to 44% a year later. Endorsed estimates that, for the most recent quarter, the rate was a whopping 47%. 

Endorsed, which surfaces risk signals for human review, found data showing that the current setup looks like this: North Koreans likely favor claiming to hail from Texas, which accounted for 26.5% of all flagged applications. California and Florida origins were also popular, accounting for 14.4% and 7.2% respectively. As for individual cities, the North Koreans’ most popular choices to claim as their own hometown included Dallas, Austin, and Houston. 

The scammers are also partial when it comes to where they claim to have gone to school. The research reveals that the most popular purported alma maters for the North Koreans are the University of North Texas and UT Austin,  followed by the University of Central Missouri and UT Dallas. As for past employers, the fake applicants are most likely to claim they worked at Amazon, Google, and Meta, while Capital One, CVS Health, Microsoft, and Stripe are popular choices too. As for first names, the North Koreans like to go by Sai, Michael, David, and Kevin. More than half included a LinkedIn profile. 

If all of this sounds banal, that’s the point. The scammers pick familiar names, cities, employers and schools because it offers additional camouflage based on real job applicants, Head said. 

“One or even several of these traits should never make an applicant seem suspicious on their own,” he noted. “The risk comes from a broader pattern of inconsistencies and behavior, not someone’s name or background.”

Thousands of North Korean workers have taken jobs at Fortune 500 companies undetected until they get caught and American accomplices are often part of the conspiracies. A New Jersey facilitator was sentenced to nine years in prison in April for spearheading a ring that put operatives inside more than 100 U.S. companies. 

Despite the wave of North Korean fraud, venture capitalists are getting pickier and investing in fewer companies. Cybersecurity venture funding was flat at $8.5 billion in the first half of 2026, while deal count fell 23.8%, according to PitchBook’s Q2 2026 cybersecurity report. The second quarter’s $3.8 billion across 165 transactions was the most tepid since the end of 2024. Security operations led on deal count with 47 transactions worth $1 billion making up more than a quarter of all VC-backed cybersecurity funding. (Endorsed considers itself to sit at the cross-section of recruitment tech and cybersecurity, and Head calls it “an emergent category.”)

Among identity and access management, funding shriveled from $0.8 billion in Q1 to $0.3 billion in Q2. PitchBook attributes much of the pullback to the fear that some of these AI-native security startups will lose their luster in favor of frontier models like Anthropic’s Mythos. However, PitchBook is bullish on IAM given that nonhuman identities “outnumber humans roughly 45 to 1 in typical enterprises.”

And ultimately, using a checklist based on fraud patterns simply won’t be enough to verify identities and root out imposters. Endorsed’s model looks past biographical details and examines devices and networks, along with document and behavior signals, the company says, with a human required to sign off on decisions. 

So when Head’s own co-founder and CTO, Kevin Fu, turned out to match several of the fraud patterns, Head couldn’t resist pointing it out. Fu grew up in a Dallas suburb, went to the University of Texas at Austin, and spent most of his career at LinkedIn, owned by Microsoft.

Every single one of those details aligns with data Head’s company provided exclusively to Fortune about people pretending to be American software engineers. Head volunteered the coincidence himself when he sent the figures over.

“We’ve scanned him with Endorsed though,” joked Head, “and I can verify that he is legitimate.”

See you later,

Amanda Gerut
amanda.gerut@fortune.com

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Radical opinions on the economy aren’t hard to come by right now: Tech titans, economists, Wall Street giants, and politicians have all suggested that AI will be transformative, but can’t agree on whether it will be for good or evil. Extreme divides in opinion are also appearing over policy: be it trade, immigration, interest rates, or national debt.

The Federal Reserve Bank of Chicago’s President and CEO, Austan Goolsbee, is less concerned with prophecies of chaos or prosperity—he’s more focused on the reality of American consumers, and the businesses they work for.

In a landmark Jackson Hole speech last week, new Federal Reserve chairman Kevin Warsh said inflation was the sharpest focus, at present, for the rate-setting Federal Open Market Committee (FOMC), of which Goolsbee is a member. The reason: Price rises are comfortably ahead of the central bank’s mandated 2% target, pushed higher by supply-side shocks like the Middle East oil upset and tariffs.

Speaking exclusively to Fortune, Goolsbee agreed with the balance of concerns Warsh laid out: “On the real side, we’ve been stable, now inching toward dangers of overheat, and on the inflation side, after a couple of years of strong progress, it stalled out and started getting worse. But, we’ve had one encouraging report, one OK report, and now our challenge is … the inflation.”

The employment side of the Fed’s mandate looks relatively stable across data points such as the unemployment rate, vacancy rate, hiring rate, and the layoff rate, Goolsbee explained: “I think that’s been largely—not the result of AI data centers, for much ballyhoo—it’s the U.S. consumer. Broad-based consumer spending growth is the thing that has kept the economy solid and stable.”

And while everyone is closely watching AI’s impact on the labor market—be it layoffs, productivity gains, or demand for certain skills needed for infrastructure—Goolsbee is particularly concerned about potential economic overheating. He explained: “I would characterize the expansion of the data centers as very hot, but largely shoving other parts of the economy down.” 

“The rise has been stepping on others—they’re competing for the resources. When I’m touring around the 7th district, people [are] saying: ‘We’re having to scale back our plans because getting construction workers is too expensive, you can’t get HVAC,’ etc. That implies a sector rebalance, that is different from an aggregate overheating, [but] that said, we’re not far from that turning into aggregate overheating.”

If the impact of data center buildouts spreads further through the economy—pushing up services inflation, for example—”that would make me more nervous,” said Goolsbee. The 10th president of the Chicago Fed explained he was comfortable with holding the base rate at the last FOMC meeting in July because the most contemporary inflation data had shown some improvement (the all items CPI reading was down 0.4% in June, and a flat 0.1% in July) “so it makes sense to wait and see if this has legs, or is just a blip.”

Promises vs reality

AI has produced some sparkling outlooks for the global economy: Nvidia’s Jensen Huang believes that while there will be some labor disruption, the technology will be a net job creator “at a scale that we have never seen.” Tesla CEO Elon Musk said AI will make money essentially irrelevant and work a hobby, while Meta’s Mark Zuckerberg wrote that AI, in a healthily balanced economy, will see “overall productivity and innovation increase while employment levels remain high.”

Meanwhile, Goolsbee is thinking about the “grubby day job” of the Fed, saying the impact of AI on monetary policy depends on how expected the outcomes are.

“If the productivity lands on us in an unexpected way, inflation goes down, and rates can go down,” Goolsbee explained. “But the more expected it is, and the bigger the hype … it leads to just old-fashioned overheating in the short run, because equity values go up and so the businesses launch massive capital investment in the here and now, people start spending out of their equity-well in the here and now, before the productivity bounty has arrived.” 

“It’s fun to engage in the academic exercise of dreaming [about] how AI will affect the long-term growth in the United States or the global economy, and we should think that through, but for the grubby day job of the Federal Open Market Committee, it’s not at all clear.”

There’s also the question of when these massive gains come to pass. In 1987, Nobel Prize-winning economist Robert Solow remarked: “You can see the computer age everywhere but in the productivity statistics”. This is the basis of the Solow Productivity Paradox, suggesting that productivity may slow—or at least lag expectations—with technological advancements.

In a July study, the Fed noted that while sectors with more exposure to AI have higher productivity growth, trends across organizations with low, medium, and high exposure levels remain consistent over time, “suggestive of micro-level productivity gains not adding up in aggregate.”

Goolsbee is mindful of this delay and, therefore, wary of applying it too swiftly to the current outlook. “It strikes me it’s a bunch of great technologists who are coming up with this, and they’re wanting to declare themselves economists, and you’ve already seen it not play out the way that they said,” Goolsbee added. “I would like them at least to acknowledge that in the last 10/15 years—this may be the most extreme version—but they have declared numerous technologies were going to totally change the world and displace millions of jobs, and we’re still waiting for those ones to happen, whether from autonomous vehicles to NFTs and blockchain … we’ve had a series of those.” 

 “It’s not to make light, it’s clear that in some sectors the adoption has been so rapid that they’re feeling the pinch, but I don’t believe that the low hiring rate is predominantly caused from AI.”

‘Traaaaaaansitory’ supply shocks

A more unexpected delay between theory and real-world data is emerging in the form of supply shocks. During the tenure of Jerome Powell, the previous Fed chairman, the FOMC was repeatedly urged to follow Econ 101 and “look through” inflationary pressures, as they stemmed from seemingly one-off supply shocks (such as tariffs or the Middle East conflict) rather than underlying trends pushing prices higher.

But Goolsbee argues that, particularly since the pandemic, supply shocks large enough end up being substantially more persistent than theoretical models suggest. One factor is that current supply shocks aren’t “one and done” because they arise from ongoing issues like geopolitics. Another factor is that huge geopolitical supply chains take longer to fix than they did previously.

It is for the FOMC to balance the risk of reacting to transitory supply shocks (or, as Goolsbee describes them, “traaaaansitory” supply shocks that drag on) against the risk of enduring above-target inflation. This, ultimately, belies the biggest threat Goolsbee sees to the economy.

“In terms of public attention, it has shifted to data centers, and it feels like that’s all anyone wants to talk about, but I would like to shift it back,” Goolsbee said. “The thing in my mind that has made the economy stable and growing—despite a series of pretty intense shocks—… is the unrelenting, continued consumer spending.”

“If you go out here in the Midwest, prices are on everyone’s mind, and if there were going to be something that shook the consumers, it would shake the economy. If we hit a hiccup on consumer spending, to me, that is the biggest risk to continued stability and growth.”

Goolsbee advocated for attention focused on “old school” economic barometers: “What’s consumer spending and is the consumer going to keep up this pace?”

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With the U.S. Open underway, tennis’ biggest stars face off in New York City to hoist the silver trophy and vie to take home a multimillion-dollar payout. Among them was longtime legend Novak Djokovic, who played the first round of the tournament this past Sunday night but lost in a crushing upset to Argentine player Mariano Navone after nearly five hours of exhausting gameplay. Though he lost out on a shot at breaking the record for most Grand Slam titles ever (of which he owns), the tennis icon is still walking away with plenty of prize money on and off the court.

The Serbian star—who currently holds the men’s all-time record with 24 Grand Slam singles titles, and remains tied with Margaret Court for most titles in tennis history—lost his streak of 78 first-round wins at Grand Slam tournaments. After he lost in five grueling sets against Navone that went on until nearly midnight, Djokovic was seen limping and cramping on the court, throwing up at least once as he continues grappling with various years-long physical ailments. That night, the 39-year-old said that his body started to “collapse” from the severity of health issues, with his back and shoulder giving out towards the end of the match. Meanwhile, young-and-scrappy Navone—a 25-year-old unseeded underdog—was able to clinch the win after an intense battle against one of the sport’s most decorated champions.

This was the first time Djokovic lost a first-round match in two decades since the 2006 Australian Open. And with 101 ATP titles and 24 Grand Slams singles titles under his belt, Djokovic’s defeat came as a shock to many—even if he’s at an age when many tennis stars have already retired. And even though he didn’t make it past the first round, Djokovic won’t be walking out of Arthur Ashe Stadium empty-handed. 

Every U.S. Open singles player receives at least $140,000 for getting to the first round of the main-draw—win or lose. That means Djokovic will be walking out with a six-figure pay day, on top of his off-the-court earnings. He’s currently the sixth highest-paid star in tennis, according to Forbes, earning $5.2 million on-court and $25 million on the side last year for his various business ventures. Djokovic currently oversees a diverse sponsor portfolio—from Lacoste and Qatar Airways, to Hublot and General Atlantic. 

The U.S. Open is shelling out $108 million in player compensation

While the U.S. Open is about winning a coveted Grand Slam title, it also comes with plenty of money. Some of the world’s most iconic players, including Carlos Alcaraz, Coco Gauff, and Aryna Sabalenka, will be taking to the courts over the next two weeks to compete for glory and millions of dollars in prize money. And on top of multi-million-dollar brand partnerships and endorsements, the final players stand to win eye-watering checks from the tournament.

During the qualifying rounds, players have the potential to earn between $32,000 to $66,000—but the real money comes during main-draw matches.

The winners of the U.S. Open women’s and men’s singles can earn up to $5,500,000 if they win the entire tournament, while doubles and mixed doubles champions split prize money as high as $1,000,000. The pay shoots up by hundreds of thousands of dollars in later rounds, starting from Djokovic’s $140,000 and up, per the U.S. Open. The association is also shelling out $37,840,000 in total for those who place in the singles rounds, and $13,000,000 for all the athletes across the doubles games. And zooming out on the honeypot in its entirety, total player compensation at this year’s competition hit a whopping $108,000,000—a 20% increase from last year’s $90 million—and what the U.S. Open characterizes as the largest in tennis history.

Here are the 2026 U.S. Open prizes for women’s and men’s singles: 

  • Winner: $5,500,000
  • Runner-up: $2,800,000
  • Semifinalists: $1,450,000
  • Quarterfinalists: $780,000
  • Round of 16: $480,000
  • Round of 32: $290,000
  • Round of 64: $190,000
  • Round of 128: $140,000

While a multimillion-dollar payout would be life-changing for most, the prize money pales in comparison to most athletes’ off-the-court earnings. Italian player Jannik Sinner is the highest paid tennis star according to Forbes, earning about $58 million annually, with $35 million of that made outside of the arena. The 25-year-old, five-time Grand Slam champ has a partnership with insurance giant Allianz, and sponsors brands including Gucci and Lavazza. Similarly, 2025 U.S. Open men’s singles winner Carlos Alcaraz earns $38 million of his $53.7 million off-the-court, while icon Serena Williams makes the vast majority of her $40 million annual earnings through investments and brand partnerships.

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A weight loss supplement has been recalled over two undeclared ingredients, including a toxic substance commonly used as a pesticide and herbicide.

Florida-based Ana Salazar Modela Tu Cuerpo Inc. issued a nationwide recall for Lipofit Extreme Fat Burner 2.0. Affected products have a lot number of 25M12F and an expiration date of September 2027.

The recall was initiated after an analysis by the Food and Drug Administration revealed the supplement was “tainted with undeclared fluoxetine in the daytime (AM) tablets and undeclared 2,4-dinitrophenol (DNP) in the nighttime (PM) tablets.”

The FDA urged consumers in June not to purchase the supplements over the presence of the fluoxetine and DNP.

THYROID MEDICATION RECALLED NATIONWIDE AFTER TABLETS FOUND TO BE ‘SUPERPOTENT’: FDA

Fluoxetine has been used in FDA-approved drugs to treat various conditions, including depression, obsessive-compulsive disorder, and bulimia. 

But 2,4-Dinitrophenol (DNP) is a “toxic substance” that is illegally marketed as a weight-loss product and is not approved by the FDA for any use. It is commonly used as a pesticide, dye, wood preservative and herbicide.

“Products containing fluoxetine and DNP cannot be marketed as dietary supplements. Lipofit Extreme Fat Burner 2.0 is an unapproved new drug for which safety and efficacy have not been established and, therefore, subject to recall,” the company announcement reads.

A 2011 review by U.K. medical researchers found that DNP can lead to rapid weight loss, but can also cause adverse effects, including death. 

Reports of deaths and blindness linked to DNP in the 1930s helped prompt stronger federal regulation of drugs. The FDA has described DNP as extremely dangerous and not fit for human consumption.

Lipofit Extreme Fat Burner 2.0 could cause a person to experience potentially life-threatening symptoms, including nausea, vomiting, sweating, dizziness and headaches, as well as dangerous heart rhythm problems, rapid heart rate and cardiac arrest, which can result in sudden death, the company announcement reads.

Seizures, abnormal bleeding and suicidal thoughts are also possible, the announcement reads, adding that long-term damage could impact the eyes, skin, bone marrow, nervous system and heart. It could also cause dangerously high body temperature and rapid breathing.

The risk of fatal heart events may increase if the supplement is taken with certain other medications.

Ana Salazar Modela Tu Cuerpo Inc. has not received any reports of adverse events in connection with the recall. Consumers should contact a healthcare provider if they have experienced any symptoms that may be related to the affected product.

WALMART MANGOES RECALLED OVER POTENTIAL SALMONELLA CONTAMINATION

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The tainted Lipofit Extreme Fat Burner 2.0, which was packaged as AM and PM tablets, was distributed across the country directly to consumers through online sales.

Consumers who have the recalled product are instructed to stop using it immediately and to keep it away from children and other people.

Anyone who purchased the product should contact Ana Salazar Modela Tu Cuerpo Inc. for instructions on how to dispose of it. Consumers should not mail or dispose of the product until appropriate return or disposition instructions are provided.

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President Trump took to Truth Social this week to warn any town still weighing whether to fight a data center. Communities that turn them away, he wrote, are choosing to be “backwards and poor.” The ones that welcome them will get lower taxes and jobs “all over the place.” He called the industry the “Golden Goose,” said plenty of other places would happily take the investment instead, and warned that China “could not be happier” watching American towns turn it down.

He’s not wrong: Data center spending has become one of the single largest forces holding up U.S. economic growth this year. That’s normally the kind of growth that a president looking to maintain party control of both chambers would want to campaign on. But instead, it’s become one of the few issues in American politics that Republicans and Democrats can agree on, and what they agree on is that they simply don’t want it near them. With just four months before the midterms, no candidate wants to touch the issue with a 10-foot pole, and if they do, they’re spending millions in campaign funds to get the issue “right.”

Why data centers are so polarizing

Few issues cut across party lines the way data centers do, because what makes them valuable nationally is what makes them hated locally. One facility can draw as much power as a mid-size city and remake a town’s tax base within months, and neighboring households bear the costs. Conservatives who normally favor deregulation are showing up at town meetings over property rights and distrust of distant tech billionaires. Progressives who favor the technology’s economic promise are objecting on environmental grounds. A CNN analysis found the backlash is bipartisan because the fight is so local, meaning it skips past national ideology.

It also comes with an economic argument. In the first quarter of 2026, AI-related computing infrastructure investment hit roughly 1.4% of U.S. GDP, up from 0.7% a year earlier. It’s now the largest driver of growth in U.S. private investment, according to Epoch AI. The St. Louis Fed found information-processing equipment made up 39% of total GDP growth through the third quarter of 2025, a bigger share than during the dot-com boom. Data centers’ dollar contribution to GDP growth had passed consumer spending for the first time ever, which is remarkable given consumer spending typically makes up about two-thirds of GDP.

Construction is real and large: a $10 billion campus in Lebanon, Indiana employs more than 4,000 workers at the height of the build. But once the servers are running, that project keeps around 300 permanent employees—13 construction jobs for every one that lasts. A typical data center supports fewer than 200 local jobs long-term, Fortune reported, citing the U.S. Chamber of Commerce. Research from Virginia, the country’s biggest data center market, found projects there create one permanent job for every $54 million invested, according to a MinnPost fact-check; across the broader economy, $1 million in investment supports 17 jobs on average. Data center construction rarely produces a lasting rise in local employment, Fortune has noted, which helps explain why the tax breaks used to attract these projects have drawn bipartisan scrutiny: at least 10 states are losing more than $100 million a year in revenue from data center tax incentives alone.

The case for jobs

As the industry continues to contribute to a growing share of U.S. GDP, its physical footprint in the country is growing with it—as is the backlash against it. Part of the sentiment behind that opposition isn’t just about power bills: it’s about jobs disappearing because of the same investment.

Nearly 200 economists and researchers warned in July that AI could cause large-scale job displacement over the next decade, calling it a transformation on the scale of the Industrial Revolution but compressed into a much shorter span. And the same companies pouring billions into data centers have kept cutting jobs elsewhere: Microsoft laid off nearly 5,000 people in early July even as it continued pouring billions into AI data centers. For plenty of voters, that looks like the same industry taking jobs away with one hand while promising them with the other.

For their part, the industry points to the very real spike in construction jobs: a $10 billion campus in Lebanon, Indiana, employs more than 4,000 workers at the height of the build. But once the servers are running, that project keeps around 300 permanent employees—13 construction jobs for every one that lasts. A typical data center supports fewer than 200 local jobs long-term, per the U.S. Chamber of Commerce. Research from Virginia, the country’s biggest data center market, found projects there create one permanent job for every $54 million invested. Across the broader economy, $1 million in investment supports 17 jobs on average.

Data center construction rarely produces a lasting rise in local employment, which is part of why the tax breaks used to attract these projects have drawn bipartisan scrutiny: at least 10 states are losing more than $100 million a year in revenue from data center tax incentives alone.

Swing-district fights

Pennsylvania’s governor’s race shows how fast the politics can flip. Last year, Gov. Josh Shapiro was the industry’s biggest booster, touting a $20 billion Amazon commitment in the state. By August, he’d signed an order stripping its fast-track permits and requiring local approval. His Republican opponent, Stacy Garrity, is now running to his left, attacking the Amazon deal in her first TV ad and accusing him of trying to “gaslight” voters. The same fight is playing out in Ohio and Texas.

In Ohio, Democrats are attacking Sen. Jon Husted over his record courting the industry as lieutenant governor, and the National Republican Senatorial Committee has warned the issue could cost him his special election, with private polling showing a dead heat against Sherrod Brown, per CNBC. In Wisconsin, Republican Tom Tiffany calls his Democratic opponent “Data Center David Crowley.”

In Georgia, data center opposition and rising electricity rates helped Democrats flip two Public Service Commission seats last year, and the party is betting the same anger carries into the governor’s race, where Democrat Keisha Lance Bottoms backs a moratorium and Republican nominee Rick Jackson opposes one. U.S. Sen. Raphael Warnock has called for a statewide pause, while Gov. Brian Kemp said that decision belongs to local communities. The fight has reached down to state legislative races too: one Democratic challenger southwest of Atlanta says lifelong Republican voters in her district have told her data centers changed how they see every other issue.

Where affordability and data centers collide

A July Pew survey found the cost of living is the top issue voters want candidates to address. Groceries, gas, and housing all feed that anxiety, but electricity is the cost voters can trace to one specific, unpopular neighbor. Utilities requested more than $30 billion in rate increases last year, hitting 81 million Americans, and power bills have risen 40% since 2021—the fastest stretch on record. Data centers drove about half of all US electricity demand growth last year, and PJM’s independent market monitor has tied data center demand to $23 billion in customer price increases through 2028.

For this story, Fortune journalists used generative AI as a research tool. An editor verified the accuracy of the information before publishing.

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There was a time when learning how to “speak office” meant, quite literally, being in an office.

A clueless rookie could pick up how their boss wrote an email, when a coworker switched from a quick message to a more formal one, or what someone meant by “run it up the flagpole.” But Gen Z entered a workforce where much of that learning can happen through a screen—and where language on either side of it isn’t always translating.

Knowing how to “speak office” has never just been about understanding the words your coworkers use. Workplaces come with unwritten rules about how to formally address someone, what belongs in an email instead of a Slack message, and even how familiar you can be with someone you just met. Gen Z began learning those rules as the pandemic and remote work scrambled the ways they had traditionally picked them up, while social media and instant messaging brought different communication habits to work. And of course—AI, as the kids would say, has “entered the chat” as another way to learn too.

The apparent language divide between generations is more complicated than whether boomers know what “delulu” means. The words are changing, but so are some of the rules around how people communicate at work, and not everyone agrees on what sounds appropriate or professional anymore.

It seems so silly on paper. Gen Z has “delulu,” “rizz,” and “no cap.” Older workers have “blue-sky thinking,” or brainstorming without practical constraints; “move the needle”; and the particularly puzzling “boil the ocean,” or taking on an impossibly large task. They’re noticeable enough that someone has now built a translator for them.

Sunny Workplace, a nonprofit employee engagement platform, recently launched WorkGen Translation, an online tool that decodes slang, idioms, and workplace jargon across age groups. 

This year, the company commissioned Censuswide to survey 2,004 U.S. workers on May 25 and 26, split evenly between Gen Z and boomers. Eighty percent of the 1,002 Gen Z respondents said generational differences in workplace language were a challenge, compared with 30% of the 1,002 boomers surveyed. 

The confusion goes both ways. Among specifically boomer respondents, 76% said they had no idea what “delulu” meant, 66% said the same of “rizz” and 61% of “no cap.” Gen Z respondents had their own trouble with corporate speech, with 22% said they knew exactly what it meant to “boil the ocean,” while 25% said the same of “blue-sky thinking.”

The misunderstanding that matters at work can be much more mundane. Betsy Sneller, an assistant professor of sociolinguistics at Michigan State University, pointed to something nearly every office worker uses: email.

“Younger folks entering the workforce don’t really have the genre of email in the way that older speakers do,” Sneller told Fortune.

Older workers are more likely to treat email as a relatively formal and permanent form of communication, Sneller said, while reserving Microsoft Teams or other instant messaging platforms for quick exchanges. 

Younger workers who grew up communicating through social media and messaging apps may not make the same distinction. That can mean skipping a formal greeting or punctuation in an email without giving it much thought.

“There can be sort of miscommunication where younger folks are being casual in an email, maybe not using punctuation, maybe not using a formal salutation, and it gets interpreted as very rude by older speakers,” Sneller said.

The unwritten rules of ‘speaking office’

A linguistic concept behind some of that disconnect is called a register, which focuses on how language use changes based on social context and audience. 

“We have a work register, we have a home register,” Renée Blake, an associate professor of linguistics and social and cultural analysis at New York University, told Fortune.

People routinely change how they communicate depending on where they are and whom they’re talking to. Home might allow one way of speaking; addressing a large group or reporting the news might demand another. Work has traditionally come with its own expectations. Blake sees what happens when those expectations collide in students’ emails. Instead of an introduction like “Good morning, Professor Blake,” she sometimes gets a simple “Hey, Renée.”

“Am I your friend? I’m not your friend, and you don’t know me,” Blake said with a laugh.

The issue isn’t simply that one way of speaking is right and another is wrong. Registers come with rules people become accustomed to, Blake said, and when someone steps outside the register expected in a particular setting, it can feel as though that person is breaking the rules of the space. 

That’s where communication differences can become a judgment about the person doing the communicating. Iain Smith, head of behavioral science at Sunny Workplace, said that can be particularly consequential for workers who are still learning the language of their workplace.

“If they haven’t learned the workplace vernacular, and they speak using phrases like ‘delulu’ and ‘rizz,’ for instance, I think there are judgments that can be made about professionalism based on that,” Smith told Fortune.

For younger workers, learning what those unwritten rules are may also look different than it did for the rookies who came before them.

“They’re not necessarily now sitting next to someone who’s been doing the job for 20 years and learning the shortcuts and the hacks and the little ways of coping with a stressful day,” Smith said. “They’re turning up to Zoom.”

It’s not just the kids

Gen Z entered work during that upheaval, but they weren’t the only ones adjusting to new ways of communicating; it’s more complicated than it looks.

“COVID also stunted all of us,” Blake said. “It’s not just young people.”

Workers across generations suddenly spent extended periods communicating from behind screens, and many returned to offices only partially, if at all. At the same time, technology increasingly competed for people’s attention as they figured out how to interact with one another again.

Blake experienced some of that confusion herself. After getting sick, she moved one of her college classes online and assumed she could be more informal with students she had only recently met. Some of them thought otherwise.

“This is too much, this is too informal. You don’t know me,” Blake recalled them telling her. “So this is going the opposite direction,” she added.

Even AI is becoming part of the negotiation. Blake said she sees young people using AI to learn forms of professional communication they haven’t necessarily been taught, including how to write more formal correspondence. But outsourcing that learning comes with its own tradeoff: The result can sound stiff, templated, and impersonal.

Changing ways people communicate don’t necessarily mean generations themselves are as different as workplace stereotypes suggest. A meta-analysis published in the Journal of Organizational Behavior found few systematic, meaningful differences among generations across a range of workplace outcomes.

Smith, a millennial, remembers when his own generation was the subject of sweeping theories about how it would transform—or ruin—the workplace.

“From a scientific perspective, there’s a lot of research out there that shows that actually generational differences in work values, work-life balance, stress, burnout, working preferences are all overhyped,” Smith said.

Sneller nevertheless believes communication styles between people entering the workforce today and those already in it are more pronounced than in the past. She pointed to a combination of social media and the pandemic, and sees some of the effects in her own classroom, where students sometimes need more encouragement to begin casually talking to one another.

And the line between the generation that needs translating and the one doing the translating doesn’t stay put for long. Sunny’s survey asked workers about Gen Alpha slang, offering Gen Z an early taste of being on the other side. Forty-one percent of Gen Z respondents didn’t know what “Ohio” meant, while 75% didn’t fully understand or said they wouldn’t use “skibidi.”

So Gen Z may not have to wait until middle age to start wondering what the kids are talking about—they may just have to wait for Gen Alpha to clock in.

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The IDF struck Hezbollah infrastructure near Nabatiya, southern Lebanon, on Wednesday, after terrorists launched two explosive drones towards soldiers operating in the Ali al-Taher Ridge, the military said.

The IDF opened fire, downing one of the drones, it noted. No IDF soldiers were injured in the drone attacks, the military confirmed.

This follows reports from Hezbollah-run Al Manar TV claiming that the IDF struck Rumman, a village in southern Lebanon, earlier on Wednesday.

The strikes also followed the activation of sirens in some areas of northern Israel early on Wednesday morning as the IDF launched interceptors towards what it suspected at the time to be a drone that crossed from Lebanon into Israel.

Later, the military announced that the interceptors had likely been launched towards a “false target.”

No casualties were reported, and the military added that it is currently examining the results of the interception.

This is a developing story. 

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After most of Israel’s water desalination facilities were shut down starting Monday morning because of high seawater turbidity, concerns are growing in the agricultural sector about severe crop damage and disruptions to Israel’s food production, particularly in the South.

The Water Authority and the Energy and Infrastructure Ministry said Tuesday morning that after the facilities operated overnight, most were shut down again after seawater turbidity rose. Under water management guidelines, authorities were instructed to reduce public landscaping and agricultural activities and limit public water usage.

The Water Authority clarified that household water supplies are continuing, and that in areas experiencing localized problems, the authority’s operations center is handling the issue.

Energy and Infrastructure Minister Eli Cohen said the incident was a natural phenomenon not seen in Israel in the past 20 years, which significantly increased seawater turbidity and led to the shutdown of most desalination facilities.

“We are working to increase the rate of pumping from wells and the Sea of Galilee, and we have also approved the activation of two additional desalination facilities in order to ensure water supplies,” Cohen said.

Infrastructure works along the shoreline of the Sea of Galilee as the Water Authority and the national water company Mekorot prepare to increase the flow of desalinated water pumped from desalination plants in Ashkelon and Rishon Lezion into the lake, northern Israel, February 27, 2026.  (credit: Photo by Ayal Margolin/Flash90)

However, there are concerns that operating the facilities despite the turbid water could cause them severe damage. At this stage, the priority is to ensure continued regular water supplies to households.

Government working to aid farms where crops, livestock at risk

Following a situation assessment led by Agriculture and Food Security Ministry Director-General Oren Lavi, the ministry mapped areas where agricultural farms have been affected across the country, with an emphasis on the South and Ramat Hanegev. The ministry is working with the Water Authority and Mekorot, Israel’s national water company, to restore agricultural water supplies and provide immediate assistance to farms where crops and livestock are at risk.

In the Ramat Hanegev area, particularly in the Nitzana region, significant damage has been reported. The area contains extensive agricultural fields, including vegetables, greenhouses, and young seedlings, some of which depend on continuous water supplies and have no readily available alternative source.

“We are dealing with an unusual event that requires rapid action,” Lavi said. “For farmers, water is not a resource whose use can be postponed to another time. In some crops, particularly young seedlings, greenhouses, and sensitive crops, prolonged irrigation stoppages can cause irreversible damage quickly.”

“The situation is especially difficult in Ramat Hanegev, and we are working with the Water Authority and Mekorot to prioritize farms where there is an immediate danger to crops and livestock. If the shutdown of the desalination facilities continues, it could also affect the continuity of production and supply of fresh agricultural produce ahead of the High Holy Days. Our goal at this stage is clear: to prevent irreversible damage to farmers and preserve agricultural production continuity and Israel’s food security,” he added.

Reports received by the ministry indicate that disruptions are also being felt in the Hof Ashkelon and Sdot Negev regional councils, as well as other parts of southern-central Israel.

The ministry is also assisting livestock farms affected by the disruption. The ministry supplied a water tanker to a dairy farm in Kibbutz Gezer, and another tanker to a dairy farm in Moshav Matzliah. The ministry has additional tankers available for deployment as needed, but officials stressed that this is only a temporary emergency solution.

Israel Farmers Federation demands immediate solution, compensation

The Israel Farmers Federation warned that the interruption of agricultural water supplies threatens Israel’s food security and the operations of hundreds of agricultural farms, demanding that the government provide an immediate solution and compensation framework.

Moshavim Movement Secretary-General Amit Yifrach and Israel Farmers Federation Secretary-General Or Dorman appealed to Finance Minister Bezalel Smotrich, Agriculture Minister Avi Dichter, and Energy and Infrastructure Minister Eli Cohen, demanding immediate intervention following the disruption of freshwater supplies to agriculture in the Shephelah, Judean Hills, the South, and the Negev during the height of the growing season.

They warned that the disruption could cause severe and irreversible damage to many crops, particularly vegetables and orchards nearing harvest, and put hundreds of agricultural farms, most of them family-owned, at risk.

“An entire region, including hundreds of agricultural farms, most of them family farms, is facing accumulating damage,” they said. “For farmers, this is not only the loss of crops, but a direct blow to their life’s work, their ability to make a living and continue operating their farms.”

 Illustrative: Working at Sde Tze’elim in the Negev. (credit: IDAN GROSS)

The federation stressed that while it understands the need to prioritize drinking water, agriculture cannot be left without certainty or a response.

“Every day without a regular water supply could deepen the damage and lead to crop losses,” the appeal stated.

Ramat Hanegev Regional Council head Eran Doron warned of an immediate threat to around 20,000 dunams of vegetable crops in the Nitzana region, which he said amount to approximately two million tons of vegetables.

According to Doron, the shutdown of desalination systems has created a severe crisis in the area and threatens crops grown by dozens of farmers near the Egyptian border.

“This is a real threat to food security, the cost of living, and the supply of fresh food production in Israel, as well as a blow to farmers’ livelihoods and the region’s economic future,” he said.

State Comptroller warns about water desalination plant issues

The incident follows a series of reports from the State Comptroller’s Office in recent years warning about the management of water desalination facilities and Israel’s preparedness for risks affecting the water sector.

A 2024 report examining the regulation and oversight of seawater desalination facilities found that between 2007 and the end of 2023, 14 incidents of seawater contamination led to production stoppages at desalination facilities. The stoppages lasted from several hours to five days and were caused by tests that detected microbial contamination, fuel and oil pollution, and turbidity.

The report found that about 57% of the incidents that caused production stoppages due to the quality of raw water, in accordance with Health Ministry guidelines, involved microbial contamination. Around 29% of all incidents were caused by fuel and oil contamination, while about 14% were turbidity events caused by storms and earthquakes.

The comptroller recommended that the Health Ministry conduct periodic surveys on algal toxins and other toxins released into water by invasive species, prepare a plan to address the phenomenon, and oversee implementation.

Another report from 2022, which examined cybersecurity among local water suppliers, found that some of the water corporations inspected received low scores for their readiness to withstand cyberattacks, and that only some suppliers required to connect to the Energy Ministry’s cyber center for infrastructure monitoring had done so by May 2022.

The State Comptroller recommended advancing regulatory procedures requiring water suppliers to operate monitoring, control, and cyber defense systems, prepare information security plans, and establish the Water Authority’s authority to issue cybersecurity directives.

A further 2021 report found that the division responsible for desalination facilities at the Water Authority had not prepared for the impact of climate change on the facilities. The comptroller recommended examining scenarios related to the impact of climate change on seawater composition and the steps needed to reduce associated risks.

Bedouin villages have water cut off due to burst pipe

Meanwhile, several Bedouin villages in the Negev had their water cut off after a pipe burst at the Beersheba prison, Ynet reported on Wednesday morning.

The Water Authority said that tankers were on their way to the affected villages, and that the issue was being repaired.

Jerusalem Post Staff contributed to this report.

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The Department of Justice (DOJ) Antitrust Division on Tuesday said it had expanded its investigation into beef affordability to include eight of the largest grocery retailers in the United States.

The expansion comes after the DOJ launched an antitrust probe in May into the “Big Four” meatpackers — JBS, Cargill, Tyson Foods and National Beef — which the department said control more than 85% of the U.S. beef processing market.

Tuesday’s announcement expands the federal government’s scrutiny to the retail level of the food supply chain.

The DOJ said the retailers under investigation are Kroger, Publix, Walmart, Albertsons, Aldi, Ahold Delhaize, Costco and Amazon.

TRUMP GOES AFTER THE COMPANIES RANCHERS BLAME FOR THE BEEF PRICE SQUEEZE

Associate Attorney General Stanley E. Woodward Jr. sent letters to the eight companies regarding “recent increases in the retail price for beef,” according to the Justice Department.

“Beef prices are a critical concern to Americans, and a priority for this Justice Department,” the DOJ wrote on X.

FOX Business has reached out to the Justice Department for additional information and copies of the letters.

After announcing its investigation into potential antitrust violations in U.S. cattle and beef markets in May, the Justice Department said it was reviewing more than 3 million documents and interviewing industry participants.

US FARMER PUSHES FOR ONE MAJOR CHANGE AS IMPORTED BEEF DEBATE HEATS UP

Federal officials have been examining whether concentration in the meatpacking industry has contributed to high beef prices.

Attorney General Todd Blanche said at a news conference at the time that whistleblowers could receive substantial rewards for providing information that leads to successful enforcement actions.

“If the information you provide helps us secure a criminal penalty in excess of $1 million, you can be entitled to recover and receive 15% to 30% of the money that we recover,” Blanche said, describing the DOJ’s whistleblower rewards program.

Agriculture Secretary Brooke Rollins also tied the probe to broader concerns about food security and shrinking domestic cattle supplies, saying the U.S. had about 86.2 million head of cattle and calves as of Jan. 1 — “the lowest since the 1950s.”

A HISTORIC SHORTAGE IS SQUEEZING AN AMERICAN DINNER STAPLE AND RELIEF COULD BE YEARS AWAY

Last week, President Donald Trump said he would authorize the drafting of legal documents aimed at giving farmers and ranchers “the right to process their own food,” casting the move as an effort to break what he called a “nasty monopoly” in the meat industry.

The move was intended to give ranchers another way around the powerful meatpacking companies that stand between their cattle and grocery-store shelves, following backlash in farm country over Trump’s decision to allow more foreign beef imports.

Trump’s announcement came after cattle producers and some Republicans pushed back on his plan to temporarily allow tariff-free imports of up to 300,000 metric tons of foreign beef, a move intended to ease pressure on consumers facing high prices at the meat counter.

FOX Business has also reached out to Kroger, Publix, Walmart, Albertsons, Aldi, Ahold Delhaize, Costco and Amazon for comment.

FOX Business’ Eric Mack and Amanda Macias contributed to this report.

This post was originally published here. 

Russia has been secretly helping Iran develop supersonic cruise missiles, London-based outlet The Financial Times reported on Wednesday morning, which experts say would likely have been intended for anti-ship and land attacks.

The program, codenamed C430L, began in 2023 and was arranged by Russia’s state arms exporter, Rosoboronexport, in coordination with the US-sanctioned NPO Mashinostroyenia, FT reported.

This is a developing story.

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Dialogue between Russia and the US should continue to find common ground on economics, which should make it easier to discuss political issues, Russian Finance Minister Anton Siluanov said, according to an Interfax report on Wednesday.

Asked about a bilateral meeting with US Treasury Secretary Scott Bessent on Monday at the G20 finance leaders conference in North Carolina, Siluanov said both countries have agreed there are grounds to develop financial ties despite complications, Interfax reported.

Siluanov, who said he was meeting Bessent for the first time, said he believed people in the financial world sometimes find common ground faster than politicians.

“So we must always keep talking; we need to continue the dialogue. If we find strong points of common interest – and they do exist – we need to develop them. Then political issues will also be easier to resolve,” he said, according to Interfax.

No economic relief without ending Ukraine war

Reuters reported on Monday that a source familiar with the ministers’ meeting said Bessent made clear to Siluanov that no economic relief for Russia or agreements on other issues were possible until its war in Ukraine ends.

US Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, DC, US, August 20, 2026.  (credit: Kevin Lamarque/File Photo/Reuters)

Bessent met bilaterally with Siluanov on the sidelines of a G20 finance leaders meeting in Asheville, North Carolina.

The Russian finance minister’s first in-person G20 appearance since Russia invaded Ukraine has irritated European officials who are working on more sanctions against Russia.

Earlier, a US official told Reuters the focus of the Bessent-Siluanov meeting was President Donald Trump’s peace plan for Ukraine. Russia’s finance ministry said the two officials discussed financial cooperation within the G20 framework.

When Siluanov tried to discuss areas of mutual interest, the source said Bessent interrupted him and said: “Nothing is possible until the war is over.”

The US imposed sanctions on Russia’s oil majors in October 2025, but after the US-Israeli war against Iran cut off energy supplies through the Strait of Hormuz, Bessent issued licenses allowing the sale of seaborne Russian oil stored in tankers to ease supplies, sending some funds to Moscow.

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The IDF and Shin Bet (Israel Security Agency) on Tuesday night confirmed in a statement that they had captured Hamas’s head of internal security in the Gaza Strip in the first high-level capture operation deep in Gaza in a long time.

The official statement did not make any direct mention of Gaza gangs being central to the operation, though there was a hint with a reference to Shin Bet’s “special forces.”

However, The Jerusalem Post and other media have received clear indications, along with confirmations in foreign reports, that anti-Hamas Gaza gangs were at the heart of the operation, even while supported by the IDF and the Shin Bet.

Another mystery that was solved over the course of the day was the importance of the Hamas official who has been arrested.

Earlier in the day, an Israeli official told the Post that the captured terrorist is Mu’in al-Arabid, head of Hamas’s internal security apparatus, which would have made him one of the top security officials in the Strip.

IDF Paratroopers Brigade operating in the Gaza Strip. Pictures released on August 24, 2026. (credit: IDF SPOKESPERSON'S UNIT)

Katz, Netanyahu play up al-Arabid’s importance to Hamas

Prime Minister Benjamin Netanyahu and Defense Minister Israel Katz both sought to emphasize Arabid’s importance, with the prime minister saying he played a major role in managing the hiding of the over 250 Israeli hostages after October 7, 2023.

However, a Palestinian source in Gaza told the Post that the man captured was in charge of Hamas’s internal security department in the area of Gaza City only, which would have made him more of a mid-level official.

The source added that members of an anti-Hamas group played a role in the operation and that the terror organization is trying to “downplay the incident” and “its internal security forces are actively pursuing militias supported by Israel.”

The final statement by the IDF and the Shin Bet seemed to settle on the official being more important than Hamas claimed but less important than Netanyahu and Katz contended.

While multiple Hamas chiefs of internal security and of Hamas’s entirely military have been killed, the terror group, while severely weakened, remains in control of the Palestinian population in the Strip.

“A short time ago, a senior Hamas terrorist was arrested, and this is our policy: We do not wait for threats. Instead, we pursue Hamas terrorists, thwart them, and destroy their terrorist infrastructure. We have built a strong and unprecedented security zone in Gaza to protect residents and IDF soldiers,” Defense Minister Israel Katz said on Tuesday afternoon.

Strangely, Katz added, “Any attempt to bypass the security zone through aerial launches will be met with a harsh response,” though Hamas has not attacked Israel from the air. The balloons Hamas sent into Israel last week had already resulted in an increase in Israeli assassinations of Hamas officials.

Netanyahu congratulated the Shin Bet and IDF for their “bold action in arresting the head of Hamas’s general security apparatus from his home,” in a statement released on Tuesday evening.

He called the terrorist “one of the most senior Hamas leaders,” adding that he was “responsible for hiding and transporting our hostages, hiding Hamas senior figures, and building the terror force, including attempting to restore the terror group’s capabilities.”

The prime minister added, “Recently, he was involved in attempts to restore Hamas’s governance in Gaza, deception on the issue of demilitarizing the strip, and assisting in carrying out terrorist acts against the IDF and Israeli civilians.”

It was unclear what strategic change could be achieved in the standoff with Hamas by means of this operation. Yet its daring, coupled with the entrance of Israeli-aligned forces deeper into a Hamas enclave, has grabbed media and public attention in the lead-up to the election more than regular airstrikes – which barely register in the press most days.

What has the IDF done in Gaza recently?

Later Tuesday night, the IDF announced yet another of its nearly daily assassination airstrikes against a Hamas official.

Following a series of heavier-than-usual airstrikes, which it appears were carried out to support the Gaza gangs, the IDF stated that there had been no Israeli casualties.

Initially, Al Hadath reported that the IDF had coordinated with Gazan militias to attempt to “kidnap a figure near the Red Cross headquarters in Gaza.”

According to Al Hadath, the strikes occurred after the operation was exposed.

IDF sources would not deny foreign reports that Israel worked alongside Gazan militias to arrest the senior Hamas official.

Ten explosions were heard in the Gaza City area as a result of the strikes, Palestinian sources reported earlier on Tuesday.

Al Jazeera reported that Israeli military aircraft were flying at low altitude over the area, while Al Hadath reported that drones continued to drop a large number of bombs in the area.

Additionally, reports claimed that IDF special forces had entered the area of the American Hospital in the al-Katiba area of western Gaza City.

Palestinian reports described exchanges of fire and shooting involving special forces in western Gaza City. There were also reports of a large number of casualties among Gazans as a result of the strikes.

Separately, there were reports of smoke shells being fired in the Shati refugee camp in western Gaza City, along the coast.

Local gangs contribute, but they are not the primary drivers in toppling Hamas.

Political leaks suggesting that Gaza’s local gangs have any chance of taking over the Strip from Hamas in the near or medium term are referred to by most defense establishment figures as being divorced from reality.

Most defense officials acknowledge that each of these groups can only survive with clear IDF protection and can only confront Hamas in small and limited operations.

Even if their numbers range between the dozens and a couple of hundred, Hamas still has thousands or more foot soldiers.

In other words, these local gangs might contribute over the long term to Hamas’s fall, but most defense officials say they will not be a central component of it.

Rather, most experts agree that either some arm of the Palestinian Authority or a hybrid of the PA, Egypt, the ISF, and some outside IDF support would be needed to overcome Hamas in the long term.

James Genn and Jerusalem Post Staff contributed to this report.

This post was originally published on here. 

At one point, you could make a living by sawing off a block of frozen river, transporting it to the city, storing it in straw and selling it to people to keep their food cold. 

Now we have bluetooth refrigerators. 

This is an example of what I like to call human ingenuity – the collective capability of people all over the world to solve problems and make the future better. 

Artificial intelligence may represent an “ice block to refrigerator” level of advancement. It already helps people complete everyday tasks more efficiently – from creating a workout routine to planning a vacation – and it could ultimately lead to breakthroughs in health care, transportation, and even the nature of work. 

But one thing I’m confident it won’t do is change how prices get set in stock and bond markets. 

I constantly hear speculation about how AI will impact the financial industry. Can I use AI to pick stocks? Should I invest all my money in the stocks of AI giants? Will AI change everything we know about markets? 

To me these types of questions reveal the importance of appreciating how public markets function.

Think of the stock market as the world’s largest information processing machine. It’s where buyers and sellers come together and agree to a trade; both sides have to believe the price is fair. If stock prices are too high, people won’t buy (they want a fair return). If they’re too low, people won’t sell. When this process is repeated millions of times a day, the result is that stocks seem to settle at a reasonable price. 

During my graduate school days at the University of Chicago, I was fortunate enough to be a part of the data revolution that helped the investing world understand that markets were efficient. 

Before 1960, no one knew what a market wide portfolio typically returned. Now that we have 100 years of data, we know that number has been about 10% a year on average for US stocks over the last century. Most professional stock pickers can’t compete. There’s no compelling evidence money managers can reliably pick winners over time.

A better assumption is that the stock market reflects all available information and it can do so more quickly than any human or model ever could. To believe an AI agent can help you beat the market, you’d have to believe it can know which stocks are mispriced and when. But returns are uncertain, no one (not even an AI agent) knows what’s coming. And it’s unrealistic to think that one particular AI model will systematically outperform the competition over the long haul.

Even if AI helps with the accumulation of information, that benefit would be shared by all market participants. Using AI to buy and sell stocks, then, only adds anxiety and random noise to individual investors. 

Similarly, putting all your portfolio into “AI stocks” could lead to disappointment. 

It’ll likely be the case that most companies will use AI to improve efficiency and increase productivity. I’m optimistic about the future in that regard. Though, history suggests that targeting the companies you’d expect to outperform from an AI revolution may not lead to a successful investing experience. 

Many have compared today’s investing environment to telecom companies building out the infrastructure of the internet during the Dot Com boom. Take a look at the top telecom stocks from 1999 (Lucent Technologies and Nextel Comms led the pack). Twenty-five years later, only 1 of the top 20 stocks was able to survive in its corporate structure from that time.

Some of today’s market leaders will thrive. Others won’t. Entirely new winners will emerge that no one is talking about now. (Google didn’t go public until 2004.) After all, who would have guessed Levi Strauss would be one of the big winners from the Gold Rush?

No one knows who will win. So why make the bet? Trying to pick a big winner could turn you into a big loser. 

The good news is that you don’t have to gamble on who wins to do well. You can own public markets through a broadly diversified portfolio that includes AI stocks and lots of others and participate in whatever the future becomes instead of betting on what you think it will become.

Public markets help finance thousands of competing ideas, some of which will result in spectacular failures, while moving capital rapidly toward what works. With more than $1.2 trillion in expected capital spending in 2027 on everything from data centers to chips, that might be Big Tech. Or it could be another sector entirely. 

By buying and holding a diversified portfolio of stocks, you can pursue their financial goals without wasting your time trying to guess which company will be the next big thing. You’ll own it regardless. 

This investing mindset allows you to manage the uncertainty of tomorrow, rather than feeling anxious about it.

Open public markets have expanded the beneficiaries of innovation. Ordinary people—not just founders, venture capitalists and insiders—can enjoy the long-term wealth creation and on aggregate benefit without running the risk of overconcentration.

I’m hopeful AI will help people solve big problems and improve millions of lives. It may even make a better fridge. But it’s unlikely it will help you beat the market.

David Booth is Founder and Chairman of Dimensional Fund Advisors. He’s the author of the book Stay Calm: Learn to Embrace Uncertainty in Investing and Life.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

This story was originally featured on Fortune.com

This post was originally published here. 

US Vice President JD Vance recently met with representatives of Temple Israel in Michigan to offer “his support in the wake of the attack on our community,” clergy from the synagogue told the Jewish Telegraphic Agency.

Vance’s Monday meeting with representatives of the suburban Detroit synagogue that had been attacked by a terrorist in March came as the vice president has upped his outreach to Jewish voters ahead of a likely 2028 presidential run. He also invited a rabbi and security guard to a rally Monday in the Detroit suburb of Sterling Heights, where he called them out from the podium and said he was “honored” to have them attend.

The Reform synagogue’s clergy later offered more details about his outreach, telling JTA that he had met with one rabbi, as well as with a security officer who had stopped the assailant from harming anyone at the preschool that was in session.

The meeting was held at Vance’s request, Rabbi Jen Lader told JTA, and the vice president did not visit the synagogue itself.

“This was an important opportunity to ask for the Vice President’s support in the fight against antisemitism, and for additional security funding through the Jewish American Security Act,” Lader wrote in an email to JTA, referring to a bipartisan bill introduced in the US House this summer to increase federal funds for both Jewish organizations and synagogue security. 

Abdul El-Sayed, Michigan Democratic candidate for U.S. Senate, addresses the state’s Jewish Democratic caucus in Birmingham, Mich., on Aug. 30, 2026. (credit: ANDREW LAPIN/JTA)

Lader continued, “We’ve made the same requests to elected officials on both sides of the political aisle.”

Later that day, the vice president traveled to Las Vegas, where he met in a closed-door session with members of the Republican Jewish Coalition, who have been riled by his close relationship with podcaster Tucker Carlson and other points of contention.

Vance seeks to draw contrast with El-Sayed

Vance sought to draw a contrast with Abdul El-Sayed, Michigan’s Democratic US Senate candidate, who spent the weekend offering apologies for his earlier comments about the temple attack, when he appeared to describe the attack as a response to Israel’s incursion in Lebanon.

Some Michigan Jewish leaders are publicly mobilizing against El-Sayed, a harsh critic of Israel: As of press time, more than 400 Jews in the state, including some who hold prominent community positions, have signed a petition pledging to vote for the GOP candidate, former US Rep. Mike Rogers, in the Senate race. 

A representative for Vance did not respond to a request for comment on the vice president’s Temple Israel meeting or for his views on the Jewish American Security Act.

At the RJC meeting, where he also received a standing ovation but did not address his Carlson ties, attendees told JTA that Vance highlighted his outreach to Temple Israel. 

The nation’s largest Reform synagogue, Temple Israel, was attacked in March by a man who had recently lost family in an Israeli strike on a Hezbollah position in Lebanon. In two statements following the attack, El-Sayed initially condemned it outright. He then changed his wording to include what he now says was “context” about Israel’s war in Lebanon, including the phrase, “Hurt people hurt people.”

El-Sayed apologizes for remarks

Speaking with the state Democratic Party’s Jewish caucus at the party convention on Saturday, El-Sayed apologized for those remarks, saying, “I made a mistake.” He also attended the caucus’s “Summer Simcha” fundraiser the next day, where he repeated his apology and asked for forgiveness. He told JTA the “context” he’d sought to include in his initial remarks was related to “violence in all its forms, in all circumstances.”

Temple Israel clergy have declined to comment to JTA on El-Sayed’s two apologies for his past comments. Lader had penned an op-ed in The Free Press criticizing his response.

Vance’s Michigan visit also included a rally in Sterling Heights, where he discussed the synagogue attack and called it “a terrible, antisemitic terrorist attack.”

“It could have been so much worse, ladies and gentlemen,” Vance told the crowd, who had given the Temple Israel personnel a standing ovation. “That guy showed up at that synagogue, at that school with a desire to kill a lot of children, and he killed precisely zero children because of the brave security guards who did their job and did it very well.”

Vance also called El-Sayed, a progressive and a Muslim, “very, very evil” from the podium. 

“Abdul El-Sayed made an apology for the very people who would perpetrate violence against hundreds of innocent American schoolchildren,” Vance told the crowd. “You’ve got to ask yourself, if he’s willing to empathize, not with the children who almost had their lives destroyed at the most innocent and what should be the safest place in the world, their school, what is he going to do when he goes to Washington, DC, when the cameras aren’t on?”

Vance added, “What I see is a man who has sympathy and compassion for people who share his religion, but has nothing for people who don’t. A person who will apologize for a murderer so long as he looks the right way, but will not understand the plight of an innocent child if that person has the wrong faith.”

The Jewish voters petition, titled “Michigan Jews Against Extremism,” was spearheaded prior to El-Sayed’s apologies but has picked up more signatures in their aftermath. 

The petition’s language states that “many” of the signatories “have been fiercely supportive of Democratic candidates and principles,” but that all of them “declare our intent to vote for Mike Rogers for US Senate in 2026.”

“If El-Sayed were to win the general election in this important swing state, we fear the far-left and anti-Jewish elements in the Democratic Party would become dominant, including in the imminent 2028 presidential race,” the petition says. “We cannot allow him to become the Democratic standard-bearer or Michigan’s senator.”

The petition specifies that their vote for Rogers “does not require that we agree with him on every issue or that we support President Trump.”

Benji Rosenzweig, a real-estate agent and music podcaster based in West Bloomfield, was one of the letter’s signers. 

“I’ve watched Abdul El-Sayed, for the last number of months, surround himself with people who cheer for the destruction of our families and the annihilation of our community,” Rosenzweig told JTA. He signed the petition before El-Sayed’s apologies but wasn’t swayed by them: “What he said was, ‘I’m sorry that you were hurt.’ That’s not an apology.”

Rosenzweig describes himself as a “centrist” who holds “liberal values,” and who would have voted for El-Sayed’s primary opponent, US Rep. Haley Stevens, in the general November election if she had won the nomination. He recently met Rogers at an event, he said, and told him that “I will be holding him accountable to the liberal values that I still value.”

As of press time, the petition’s signatories include Brian Hermelin, current president of the Jewish Federation of Metropolitan Detroit; Mark Davidoff, CEO of the Michigan Israel Business Accelerator; Rabbi Eli Mayerfeld, CEO of the Zekelman Holocaust Center in Farmington Hills; Amy Newman, CEO of Jewish Family Service of Metro Detroit; and David Victor, past president of the pro-Israel American Israel Public Affairs Committee. 

The petition included their names but not their titles, suggesting they were signing as individuals and not as representatives of their organizations. The list also includes the names of several people who had previously told JTA they would commit to fundraising for Rogers if El-Sayed won the Democratic primary.

Local rabbi Asher Lopatin, currently on leave from his role as community relations director for the Ann Arbor Jewish Federation, has stumped for Rogers but told JTA he does not have a formal role with the campaign. In the Forward this week, Lopatin again urged the state’s Jewish Democrats to back Rogers over El-Sayed.

“To show the Democrats that such candidates should never be nominated, we must show them that such candidates can never win,” the rabbi wrote on Monday.

The El-Sayed campaign did not return a request for comment from JTA about the petition.

For the approximately 100,000 Jews in Michigan, the question of whether to vote for El-Sayed has proven hugely divisive. At the same Sunday event that hosted the candidate, state Attorney General Dana Nessel, who is Jewish and has publicly sparred with El-Sayed over his rhetoric, implored the crowd to “place the needs of the world above even our own self-interest and, yes, even our own survival” — suggesting that Jewish voters should put their own feelings of personal safety aside in order to elect a Democrat.

Nessel’s comment, coming one day after she sat out a state Democratic convention over what she said was fear of antisemitic harassment, has sparked some backlash outside of Michigan. Ron Halber, CEO of the Jewish Community Relations Council of Greater Washington, called the attorney general “an absolute embarrassment.” 

Mark Goldfeder, who runs the litigation group National Jewish Advocacy Center, wrote on the social network X/Twitter, “Jewish voters can care deeply about democracy, climate, health care and the welfare of their neighbors while still treating Jewish safety as entirely nonnegotiable.”

Rosenzweig said he had once been an admirer of Nessel but that he was “really sad” over what he interpreted as her suggestion that voting for Abdul “may put Jewish people in danger, but do it anyways.”

“If Abdul wins, she gets to say, ‘Well, Jews are endangered,’” he said. “It’s just such a crazy place to put people in.”

This post was originally published on here. 

Massachusetts progressive Sen. Ed Markey, a sharp critic of Israel, is projected to beat the more moderate Rep. Seth Moulton by a wide margin on Tuesday, securing the Democratic nomination for the upcoming US Senate race.  

The Associated Press called the race just a half hour after polls closed, at 8:31 pm, when Markey had secured 75.9% of votes to Moulton’s 24.1%, with 3% of ballots tallied. 

“Tonight is a testament to the power of the progressive movement,” Markey said on Tuesday night. “It is a progressive movement fueled by young people demanding more from their leaders.”

Noting that he spoke to Moulton prior to taking the stage, Markey added that he looks forward to working together “to build a better future for everyone.”

Moulton, meanwhile, told his supporters that he had “called Sen. Markey to congratulate him on his victory tonight.” He conveyed his “full support” for his opponent as the Democratic nominee, stressing that they “must stand united this November to protect our democracy and defeat [US President] Donald Trump.”

US Senator Ed Markey (D-MA) addresses family members and advocates as they gather inside the Lutheran Church of the Reformation near the U.S. Supreme Court after justices supported a Republican-backed ban in Tennessee on gender-affirming medical care for transgender minors in Washington, DC, US. (credit: Annabelle Gordon/Reuters)

Markey, 80, began serving in the US House of Representatives 50 years ago and remained there until he was elected to fill the Senate seat of John Kerry, who was appointed US Secretary of State in 2013.  During Markey’s time in the House, he was a member of the Congressional Progressive Caucus, and in the Senate, he has supported multiple resolutions aimed at cutting military aid and munitions sales to Israel. 

Moulton, 47, was born two years after Markey arrived on Capitol Hill. He has been serving in the US House since 2015 and has opposed both the Democratic socialist agenda and the aging establishment, instead calling for “new energy, new ideas and leaders willing to put people over politics.”

“We ran a race that stood on principle, that wasn’t just about politics as usual, and that elevated the voices of Massachusetts citizens who have been left behind by the status quo in Washington,” Moulton said on Tuesday. “Challenging the establishment and calling for a new generation of leadership isn’t easy, but it is necessary,” he added.

But many political analysts have suggested that Moulton’s predominant focus on his youth and his opponent’s age may have been his primary downfall. Although in the weeks leading up to the primary, polls had projected Markey’s win, the two candidates had been running neck-and-neck in the preceding months.  

A New York Times piece recently described Moulton as a “rebel without a cause” who drifted with “the political winds” and focused on platforms he was fighting against rather than those he was supporting. In a case relevant to the American Jews, he declared in October that he was “returning AIPAC donations” and refusing new funds from the pro-Israel lobby. 

“In recent years AIPAC has aligned itself too closely with Prime Minister Netanyahu’s government,” Moulton posted at the time. “I’m a friend of Israel, but not of its current government.”

Track AIPAC, a group that documents political spending by pro-Israel lobbies, reported that such PACs have spent about $101,500 on Moulton over his career — a relatively modest amount for a six-term congressman.

“It is clearly the safe thing to do, if you are running for a nomination in the Democratic Party, to aggressively distance yourself from Israel,” Jeff Robbins, a Boston-based attorney and former Senate investigative counsel, told the Jewish Telegraphic Agency. 

Robbins, who also served as delegate to the United Nations Human Rights Commission under President Bill Clinton, described the shift as “reflective of the reality that we have seen play out in spades over the last year.” 

That situation involves Democratic candidates “running for the hills about AIPAC and treating it as a boogeyman,” added Robbins, who began organizing pro-Israel rallies in 2012, while chairing the New England Board of the Anti-Defamation League. 

“If you want to have a prayer of being elected in a Democratic primary in this country, you had better be able to say, ‘I don’t take money from AIPAC. In fact, I never heard of it before,’” he added.

Markey calls to end war in Iran, slash Pentagon budget

On Tuesday night, however, neither candidate referred directly to AIPAC. Moulton spoke only briefly, while Markey primarily focused on domestic issues but did quickly mention the Middle East.

“We need to end the war in Iran, and stop the bombing in Gaza,” Markey said. “We need to slash the Pentagon budget.” 

The senator stressed the need to protect the LGBTQ+ community and to prioritize affordability goals, such as achieving “a future with no copays, no surprise bills, no premiums, no deductibles, a future with Medicare for all.”

“Donald Trump is attacking the futures, the dreams, of every boy and every girl on every porch all across this country, cutting education, cutting healthcare, cutting protections against discrimination,” the senator said. “We are not backing down in Massachusetts: not now, not ever.” 

This post was originally published on here. 

Maccabi Tel Aviv dominated Maccabi Haifa 3-1 in the Israeli Clasico on Sunday night as Dor Peretz scored a first half brace to help the yellow-and-blue to the three points at Bloomfield.

Kenny Miller’s squad looked to break the ice early on as Peretz slotted home a penalty after Helio Varela had been tripped up in the box and then Peretz doubled the advantage when he took a gorgeous Ali Camara ball and slotted it home for a 2-0 lead at the break. Osher Davida added the third marker for the hosts while Eitan Azulay broke up the clean sheet for Haifa with an inconsequential penalty as Maccabi closed out the win.

“We talked before the game about the disappointing result in Europe,” Miller said. “We won the Super Cup, reached the Toto Cup final and we wanted to continue our good run of results. We enjoyed the energy of the home crowd. In the first half, it was the performance we wanted, but they put us under pressure in the second half.

“There are two teams in every football match, so it’s difficult for everything to go exactly the way you want for 90 minutes. As for Dor Peretz, he has had a great start to the season. He’s amazing, works hard every day and works on his finishing. He gets into good positions and that is showing in the games.”

Haifa coach Barak Bachar reflected on his side’s defeat

“We lost the game but had some good minutes,” Bachar began. “We were soft and while the second half was a bit better, we have to improve as a team. We could have pressed more and been more aggressive, we could have done a better job against a team like Maccabi Tel Aviv who were coming off a tough loss. But we conceded an early penalty and things went the wrong way from that point on.”

Maccabi Tel Aviv fans. (credit: Liron Moldovan)

Meanwhile, Maccabi Netanya crushed Beitar Jerusalem 4-1 as Matheus Davo scored a second half hat trick to stun the yellow-and-black and secure the points after an opening day goalless draw with Bnei Sakhnin.

After a goalless first half, substitute Daniel Worko gave Almog Cohen’s team a 1-0 lead early on in the second half, but from that moment on it was at Netanya as Roni Levy’s star striker Davo scored a trio of goals while Maor Levi added one as well and Oz Bilu assisted on three of the markers to wrap up the victory.

Levy looked back at the win.

“It’s the start of the season and we want to play our football. We knew that this was going to be a tough game but we did what we needed to to take the win. We scored on our chances this time and this was no question one of our best games since I took over as coach. We needed to know that even when we conceded we knew how to dig out of the hole. But we need to keep going and push ahead.”

Hapoel Beersheba beats Hapoel Ramat Gan

In Rehovot, Hapoel Beersheba downed Hapoel Ramat Gan 2-1 as Eliel Peretz scored the late winner to help Israel’s lone European representative to the points and the win.

After a goalless first half youngster Amit Ohana scored on a superb individual effort to give the defending champions a 1-0 lead. However, Matan Hozez quickly drew the hosts even, and Peretz’s free kick in second-half injury time gave the visitors the lead for good as Beersheba took the season opening win.

“This win is important because we want to win the championship,” Beersheba coach Ron Kozuk began. “I had no doubt that it would be a difficult game. We faced a good opponent with an excellent coach and I’m happy with the result. There were a lot of good things; we were inside the opponent’s penalty area many times. Our job is to win games and I’m proud of the players and happy for them.”

“The defeat is extremely cruel,” Ramat At Sammy Ofer Stadium, Hapoel Haifa and Hapoel Tel Aviv played to an entertaining goalless draw that saw both teams lose a man to a red card as well as some terrific saves by the keepers especially Yoav Gerafi, who made a decisive penalty save off of Stav Turiel to ensure that the Carmel Reds secured a point.

“I’ll divide the game into two halves,” Hapoel Tel Aviv coach Elyaniv Barda said. “The first half was very poor. We weren’t focused and we still hadn’t come back from Europe mentally, something I was very concerned about. Fortunately, in the second half we managed to get back to ourselves. We won a penalty and I believe that if we had taken the lead, the game would have been ours. After that, we missed chances and then one of our substitutes was sent off. But the things we did came too late and simply weren’t good enough.”

“We could have lost the game and I’m very disappointed,” Hapoel Haifa bench boss Haim Silvas began. “In the first half, we were in complete control, but we lacked that killer instinct. We didn’t start the second half well, Hapoel Tel Aviv came out strong and the red card as well as the penalty also made things difficult for us. I enjoyed watching my team in the first half, but we need to know how to put games away and we didn’t do that enough.”

Also, Hapoel Petah Tikva slipped by Hapoel Jerusalem 1-0 as Karim Kimvuidi scored in the 14th minute for the lone marker of the match that handed the win to Omer Peretz’s side.

“The last month or so was a difficult period,” Peretz said following the win. “We didn’t start the season well and we needed this victory to give us energy and make the players believe in themselves.”

Ironi Kiryat Shmona blanked Ironi Tiberias 2-0 as Amadou Sanga scored a terrific goal off a break in the first half, and Rufat Abdullazade put home a free kick in the second half to give the northerners all the points.

Finally, Maccabi Petah Tikva downed Bnei Sakhnin 2-1 as Samuel Owusu and Liran Hazan canceled out Ilay Hajaj’s first-minute goal to help Ziv Arie’s team to the win.

See more Israeli sports coverage at www.sportsrabbi.com/en

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An Israeli-designed and delivered air-defense system will soon be protecting Greece, once Israel’s harshest European critic and now a close Mediterranean ally.

That is the upshot of the eye-popping NIS 10 billion deal signed Monday, one of the largest defense-export agreements in Israel’s history.

The reversal of fortunes is astounding.

For much of the last three decades of the 20th century, Greece was to Israel what Spain and Ireland are today: implacably hostile. In some ways, even worse. In 1982, Greece sent ships to Beirut to safely evacuate Yasser Arafat and thousands of PLO terrorists.

And that is only one astonishing element of this story.

Representatives from Israel and Greece sign a defense deal with over NIS 10 billion, August 31, 2026. (credit: DEFENSE MINISTRY)

Greece seeks Israeli protection amid growing European divisions

The other is that here is a frontline European power – a vital NATO ally on Europe’s southeastern flank and a key member of the EU – turning to Israel for its defense. The same Israel that other European countries, including Ireland, Spain, the Netherlands, and Belgium – and, come the end of the month, Britain – are spurning and seeking to boycott.

Those boycotts are ostensibly aimed “only” at products from east Jerusalem, Judea and Samaria, and the Golan Heights. But the fear is that, because of the difficulty in determining exactly where every Israeli product or component originates, they will inevitably open the door to wider boycotts of Israel itself.

The contrast could hardly be sharper.

One part of Europe is looking to Israel for protection; another wants to boycott it. Ireland would not let its new government jet be fitted with an Israeli-made system designed to help it land in fog. Greece is entrusting the protection of its population and critical infrastructure to Israeli-made systems.

But the sale does more than highlight the countervailing trends in Europe, where political hostility toward Israel and strategic dependence on it are moving in opposite directions. It also shines a spotlight on Israel’s remarkable defense prowess.

Greece turns to Israel’s multilayered defense system

Greece is interested in the same type of multilayered system that protects Israel because it has seen how effective that system has been over the last three years in defending the country against missiles, rockets, and drones launched from Iran, Lebanon, Yemen, Gaza, and elsewhere. Greece watched and now wants that same level of protection for itself.

Under the agreement, dubbed Achilles Shield, Israel will provide Greece with an integrated national air-defense network. It will incorporate David’s Sling to intercept ballistic missiles and heavy rockets; SPYDER and BARAK MX systems to defend strategic sites against threats ranging from drones to cruise missiles; sophisticated MMR radars; Drone Dome counter-drone systems; and a national command-and-control network to tie everything together.

This is not merely an arms sale. It is the export of an entire defensive architecture – developed under fire, tested in war, and refined through repeated attacks by enemies using a wide variety of weapons.

Other European countries, feeling increasingly threatened by the cold winds blowing from Russia and the growing shadow of Iranian missile tech, are likely to follow suit. Governments want what works, especially when the lives of their civilians are at stake.  Just ask Finland, which quietly extended its defense cooperation framework with Israel for a decade, guaranteeing the smooth, long-term deployment of its newly acquired David’s Sling system despite fierce domestic opposition.

Israeli-Greek alliance gains significance amid Turkish ambitions

Then there is the Turkish angle.

With Turkey increasingly trying to throw its weight around the region – from expanding its influence in Syria to forming a military pact with Pakistan and Saudi Arabia – this deal further cements an Israeli-Greek alliance that, while not formally aimed at a common adversary, clearly provides protection against one.

And here there is yet more historical irony.

When Greece emerged as a fierce critic of Israel in the 1970s – Athens didn’t formally recognize Israel until 1990 – one reason was Turkey. Following the Turkish invasion and occupation of northern Cyprus in 1974, Greece hoped to counter Ankara by courting the Arab world. It needed, among other things, Arab votes at the UN to pass anti-Turkish resolutions.

In the 1970s and ’80s, Athens viewed the Arab world as a diplomatic shield against Turkey and, in return, championed the PLO. Today, that old calculation is obsolete. What Greece now needs is not the diplomatic shield against Turkey that the Arab world once provided, but the physical shield that Israel can deliver.

That is the measure of this transformation: Greece, once fiercely hostile to Israel, now looks to the Jewish state for its defense.

This post was originally published on here. 

Russian President Vladimir Putin said on Tuesday that Russia was winning the war in Ukraine and portrayed the Ukrainian leadership as “terrorists” with whom Moscow could not negotiate.

Putin, in his most detailed comments on the war in many weeks, acknowledged that Ukrainian attacks inside Russia had inflicted real damage and said that drones posed a particular challenge.

But he said that Russia was advancing on the battlefield and told reporters: “I have no doubt the enemy will crumble.”

He declined to say when that would happen.

Rumors that Russia would be forced to order a new military mobilization were “utter nonsense,” he said.

A resident stands at a site of Russian missile attack, amid Russia's attack on Ukraine, in the Kyiv region, Ukraine, in this handout picture released September 1, 2026.  (credit: Press service of the State Emergency Service of Ukraine in Kyiv/Handout via REUTERS )

Putin says Russian advances are accelerating

Four and a half years into the war, Russia controls about a fifth of Ukraine. US-mediated peace talks broke off in February after the United States and Israel went to war with Iran.

Opinion polls suggest growing war fatigue in Russia, and influential voices are warning about the strain on its economy.

But Putin struck a confident, hawkish tone as he rattled through a detailed version of developments on the front line, saying Russian advances were accelerating.

Russian troops had captured 270 square km (104 sq miles) of the Donetsk region in eastern Ukraine in August, and two large groups of Ukrainian troops – one comprising 4,500 to 4,800 men, the other up to 2,000 – were surrounded, he said. Reuters could not independently verify those assertions.

Russia continues to advance towards the cities of Sloviansk and Kramatorsk, Putin said, adding that Moscow’s forces were preparing to launch massive strikes against energy infrastructure in Ukraine.

Putin said that Ukrainian President Volodymyr Zelensky’s warning to airlines that Ukrainian drones would effectively shut down Russian airspace sounded like “state terrorism” and that Moscow would find a way to respond if it happened.

Speaking at a news conference after a summit in Kyrgyzstan, Putin said it was not possible to negotiate with “terrorists.”

He also said, however, that Moscow was open to talks aimed at ending, rather than freezing, the war, and restated its willingness to talk to US President Donald Trump’s envoys.

“If someone makes, or can make, a tangible contribution to this process, we are all in favor,” Putin said.

“The only thing we would want to avoid is the process spinning its wheels pointlessly. However, if someone is capable of bringing something positive to these negotiations – which, as we understand it, are currently somewhat frozen – then, generally speaking, we are not opposed.”

Putin specifically acknowledged that Ukrainian drone strikes had caused damage to Russian oil refineries, although without referring to widespread fuel shortages that have resulted from those attacks.

But he said that the level of protection had improved, and “we only have 10% of our refineries left to repair.”

Putin responded scathingly to an accusation by the German government on Tuesday that Russia was to blame for an attempted drone attack at Leipzig airport last month.

He said the government of Chancellor Friedrich Merz was pointing the finger at Moscow to distract from domestic problems and falling approval ratings.

Putin accused Germany of planting evidence in order to frame Russia for the drone attack, but he did not say what he was basing that accusation on.

This post was originally published on here. 

The US military struck two Islamic Revolutionary Guard Corps (IRGC) tankers on Tuesday in the first direct retaliatory attack on Iranian ships since the beginning of the war, Axios reported on Tuesday, citing US officials. 

The move is part of a new “tanker for tanker” policy approved by US President Donald Trump, the report said, and aims to further deter Iranian attacks on ships moving through the Strait of Hormuz.

Prior to the new strategy, the US had only prevented Iranian ships from violating the naval blockade. 

The tankers were anchored off Iran’s coast north of the US naval blockade line, said Axios, when US drones launched missiles and hit their engine rooms. 

The White House and US Central Command (CENTCOM) claimed the strikes were in response to recent attacks by Iran on commercial ships in the Strait, as well as American bases in the region.

Smoke rises from explosions at an unknown location, following what US Central Command (CENTCOM) said were strikes on Iran in response to an Iranian drone strike on a cargo ship in the Strait of Hormuz, in this screen grab from video released June 26, 2026.  (credit: US CENTRAL COMMAND/HANDOUT VIA REUTERS)

However, the attacks were part of a larger plan to prevent Tehran from rebuilding radar and missile capabilities used to attack the ships, the report added. 

One US official said the strategy was to “mow the lawn” in order to reduce the risk of Iranian attacks on oil tankers and US military assets in the region, said Axios. 

Around 100 Iranian targets hit on Tuesday, US official says

Around 100 targets were attacked during Tuesday’s round of strikes, Axios cited US officials as saying. 

IRGC air defense sites, radar systems, mine-laying capabilities, communications sites, anti-ship cruise missile launchers and attack drone launchers were among the targets hit, the officials said. 

Iran has in response launched attacks on Jordan, Kuwait, Bahrain, and Iraq. 

The US embassy in Jerusalem issued a security warning for American citizens in the Middle East due to rising tensions. 

Similarly, Bahrain’s Interior Ministry issued an alert for “potential threats in the country.” 

The renewed strikes degraded Tehran’s capabilities in Hormuz and “bought at least a month” of lowered threat levels for commercial tankers, a US official told Axios.

Trump: ‘Almost total control of Hormuz Strait’

Trump claimed that he “couldn’t care less” if Iran signs an agreement in a post on Truth Social on Tuesday.

“I like our position now much better, with almost total control of the Hormuz Strait, and their economy totally collapsing,” he said in the post.

This post was originally published on here. 

Spanish Prime Minister Pedro Sánchez said on Monday that Israel and Russia spread disinformation about Spain’s migration policy after a rush of migrants arrived in Ceuta, a Spanish exclave in North Africa.

Over 72,000 migrants crossed into Ceuta between July 30 and July 31, with at least 100 people dying in the attempt, according to local authorities. Sánchez, along with Morocco’s Interior Ministry, have blamed the surge on human trafficking networks that exploited misinterpretations of a change in Spain’s border policy. 

In Sánchez’s first interview since the border crisis, he also said that Israel and Russia organized internet campaigns to undermine Spain’s government during the chaotic aftermath. Online theories proliferated widely after the Ceuta crossings, including some that said Israel orchestrated the crisis.

“After July 30th and 31st, there was an expansion of these hoaxes and this disinformation by social networks associated with both Russia and Israel, and with an international far-right movement that always uses migration, not only to attack Spain, but also to attack Europe and divide it,” Sánchez said in an interview with the Spanish radio network Cadena SER.

Sánchez said research from the European Union’s European External Action Service showed that Israel and Russia were behind disinformation campaigns, without giving further details on the evidence.

Migrants swim through Spain's Ceuta border from the Moroccan side and climb onto rocks to reach the border fence, in Ceuta, Spain, July 30, 2026, in this screen grab obtained from a video. (credit:  Atlas/via Reuters TV/Handout via REUTERS)

EU spokesperson says Russia tried to ‘exploit’ Ceuta crisis

An EU spokesperson told the Jewish Telegraphic Agency, “In the case of Ceuta, we saw attempts by Russia to exploit the crisis online. However, we have no conclusive evidence to suggest that the crisis itself was triggered by disinformation from foreign state actors.”

The spokesperson did not specifically address Sánchez’s claim that Israel spread disinformation. They noted that the EEAS shares research with member states “when their interests are affected.” 

Sánchez said that it was “evident” that Israel and Russia were motivated by Spain’s political positions “regarding the genocide in Gaza and Putin’s invasion of Ukraine.” He is among Europe’s most vocal critics of Israel’s conduct in Gaza and Iran.

Israeli Foreign ‌Minister Gideon ⁠Sa’ar said Monday that Sánchez was “lying shamelessly,” adding that the statements “will not distract from Sánchez’s disgraceful failure to manage his country’s affairs.”   

Kremlin spokesperson Dmitry Peskov also told the Russian state broadcaster RBC that Russia had no involvement in the migrant crisis or disinformation campaigns.

Spanish-Israeli diplomatic ties, first established in 1986, have deteriorated since the start of the Gaza war in 2023, with Madrid since recognizing Palestine as a state and banning ships carrying arms to Israel from docking in its ports. By 2026, both countries had recalled their ambassadors.

This post was originally published on here. 

After running the family deli for several decades, Steve Stein says his 83-year-old legs were telling him it was time to call it quits. But it wasn’t only that.

The neighborhood has totally changed since his dad, Mike, first took over the business more than 60 years ago. Back then Northeast Philadelphia was an epicenter of Jewish life, packed with synagogues and other Jewish establishments. Most of them are gone. And now – with the close of Steve Stein’s Famous Deli and Restaurant – the area just lost its last Jewish deli. 

But only after an outpouring of affection from longtime customers, who flocked to the place once news spread  in the last few weeks. “It’s overwhelming,” Stein said.  “The amount of people that came in here in the last 10 days, two weeks. Their comments are very touching. I knew I was liked. I didn’t know I was loved.” 

To be sure, several customers told the Jewish Telegraphic Agency that they’ll miss Stein, but they also bemoaned the fact there aren’t many Jewish food options left. Certainly none with prices as low as Famous.  

“I’ve been going there my whole life, “ said Rebecca Asheuer, who grew up a few miles away from Famous’ current location – its third since the Steins took over the business. “I feel surprise and sadness, because it’s the last one in the Northeast.  

A view of the deli counter at Steve Stein’s Famous Deli, Nov. 2020. (credit: GOOGLE MAPS VIA JTA)

“I think the Jewish people are moving out of the city and also the businesses used to be passed down in families. Now with the economy and other stuff, people don’t want to take over the family business anymore,” she said.

Customers think deli closing represents Jewish presence fading

Another longtime customer mourned the closing of the deli, but also the disappearance of Jewish life in the area.

“I kind of expected it to go sooner or later,” said Aileen Owens, who remembered going to Famous when the Auspitz family ran it over six decades ago. “There’s nobody around.  Synagogues and all that stuff, it’s all fading out. They went to the suburbs.”

According to Steve’s account, his father Mike Stein, his brother Arnold and cousin Jack began running the produce concession at the Famous Deli in Philly’s Castor Gardens neighborhood in the late 1950s. Around 1960, they bought the deli from the Auspitz family, which had operated a chain of Philadelphia delis dating to the 1920s. 

Steve and his brother Arnie eventually ran the deli together. As Jewish families moved farther into Northeast Philadelphia, the deli moved as well – first to Krewstown Road in the mid-1970s, eventually having two locations there, and then about 14 years ago to its final location at 1619 Grant Ave.

If all goes right, Steve’s 57-year-old son Lee hopes to continue the migration and resurrect the family business in the suburbs. Sort of.  

“I’m looking to have a place of my own,” said Lee, who started off as an eight-year-old taking out the trash, but would occasionally try to cut the lox when no one was looking. “I have a lot of experience in this business. 

“I call myself multi-talented, not just in the deli business, but in cooking and baking, I would probably downsize and not do fruit and produce like we do here. It’s just not worth it, you know, the space for what you’re paying. I would do a similar situation to here. Deli, prepared foods, a little bit of bakery, a small sit down. But what I’ve told the people that come in here, ‘You’ll never, ever see some of this product again. And you’ll probably never, ever see these prices ever again.’”   

Still, he wants his new venture to be affordable.

“My father always liked being a people-pleaser,” the younger Stein said. “So he tries to please people with a price. But that price affects you eventually.” 

Remaining establishments will benefit from the closure

As for Steve, he wishes his son well, but knows it won’t be the same. “Lee wants to try something, but not here,” Stein said.

He added that some remaining establishments in the wider region – “they do 90% restaurant and 10% deli, I do 90% deli and 10% restaurant” – will “benefit from me not being here.” 

One former competitor isn’t so sure. “I’m upset another Jewish deli has closed and he’s been in business a long time and certainly has his whole clientele,” said Michael Young, longtime owner of Ben & Irv’s, a deli restaurant in Huntingdon Valley, a suburb about 20 minutes northwest of Famous. “But it’s a different world today; a different area. So I don’t know if it will help us.” 

Lee Stein said he actually tried to stay put, but needed a little help.“The real problem is the landlord never took care of the building,” said Lee, who wishes his dad had been more assertive on that front. “I tried to make it work here with them, figuring this would be an easy fix. I asked them for some renovations; to put a new roof on. The roof has several holes in it. When it rains outside, it pours in here. So, I tried to negotiate with them first before I did anything else, but that wasn’t going anywhere.” 

JTA’s attempts to reach the landlord for comment were unsuccessful. Regardless, Steve Stein, who was forced to close the deli for a short while last year due to health code issues, says he is ready to turn the page. 

The first thing he’ll do once things settle down is get therapy on his aching legs. And he’s excited to have more time to devote to his wife of 61 years, Sheila, along with his children, Lee and Mindy, seven grandchildren and two great-grandchildren. “But I’ll miss my customers. They’re like family.” 

Already he’s feeling the difference  “It’s devastating,” he said on August 24, the day after the store officially closed, amid a final “blowout sale” to get rid of what little was left. “I’m usually the first one in the store. 

“It’s going to be very much missed by me.” 

He’s not the only one.

“Nothing lasts forever,”  said one customer before heading into Famous one last time. “But it’s very sad.”

This post was originally published on here. 

Another day, another dollar. But for John Ternus, who started Tuesday as Apple’s CEO, the amounts come with a lot more zeroes after them.

The Apple board handed the newly minted CEO of the $4.75 trillion iPhone maker a massive new compensation package to kickstart his tenure, with more to come if Apple’s pay history is any guide. Apple gave Ternus a salary bump to $3 million and granted him restricted stock units valued at $2.5 million, prorated for the few weeks he’ll serve as CEO before the end of Apple’s 2026 fiscal year. The board separately approved an annual equity award for fiscal 2027 with a target value of $55 million. Three quarters of the equity award will vest based on Apple’s total shareholder return relative to other S&P 500 companies. The rest will vest on a clock, 12.5% every six months over four years. 

Tim Cook, who after 15 years as CEO is sticking around as executive chair while Ternus finds his footing, saw his salary decrease from $3 million to $2 million, effective later this month. The Apple board approved a $45 million target equity award for him, half in RSUs that vest over four years, and half that vest based on performance. 

No word yet on an annual cash bonus for Ternus. Cook collected a $12 million bonus each of the past two fiscal years, according to Apple’s securities filings. 

The Cook Precedent

It was an entirely different picture the last time Apple had a CEO change, when Cook succeeded the late Steve Jobs in 2011. Back then, Apple gave Cook 1 million RSUs with a grant date value of $376.2 million on top of a $900,000 salary that the board bumped to $1.4 million a few months after he took over the top spot. Half of the award vested five years after the award date, and the other half vested 10 years after the award date. 

The Apple board’s decision at the time was “subjective” and not based on any peer group or formula. That was in part due to the circumstances: Jobs famously collected only $1 in salary, but held a colossal 5.5 million-share stake in Apple worth billions. The board said it determined Cook’s pay based on input from Jobs and the board’s assessment of Cook during his interim leadership periods during Jobs’ medical leaves. Jobs passed away in October 2011, following his Aug. 24 resignation that year. 

Two years later, Cook asked the board to add some performance conditions to his award, meaning he would forfeit a portion if he didn’t achieve a stock-performance metric. The board carved out 800,000 share units from his 1 million award and divided it into 10 annual chunks of 80,000 shares apiece split half on performance. If Apple finished in the top third of the S&P 500 by shareholder return, all 80,000 units for that year vested. If they finished in the middle third, it cost him 20,000 and the bottom third cost him 40,000 shares.

Ternus’ award is now based on the same type of performance metric. A securities filing on Tuesday, required when an executive joins officer ranks, shows Ternus holds about 34,000 Apple shares in a trust, worth about $11.1 million at Tuesday’s stock price. He also holds seven grants of restricted stock from his years running hardware engineering, covering about 305,000 shares worth about $99 million or more, depending on how the shares pay out. Nearly half are performance units that could pay double or nothing, which puts the payout range between $50 million and $148 million.

This story was originally featured on Fortune.com

This post was originally published here. 

A California airport is considering a major policy shift that would allow non-ticketed visitors to undergo TSA screening and enter secure areas and greet arriving passengers or say goodbye to departing loved ones at the gate.

Fresno Yosemite International Airport’s potential change would bring back the emotional send-offs and gate-side reunions that were common before the Sept. 11, 2001, terrorist attacks led to heightened airport security measures.

Under the post-9/11 policies, access beyond airport security checkpoints was generally limited to ticketed travelers, although airlines could issue gate passes in certain circumstances.

But the aviation director for the City of Fresno, Mark Thorpe, explore a program that would allow loved ones to experience emotional hellos and goodbyes.

AIRPORTS ALLOW NON-TRAVELING PUBLIC PAST SECURITY FOR FIRST TIME IN DECADES

“Whether it’s a family welcoming someone home who’s been gone for a long time, getting dinner at the airport or holding a business meeting, an airport can help create all these different experiences for people,” Thorpe told the Fresno Bee.

Thorpe said that the change could elevate the passenger experience and remind the community that an airport is a “unique place.” He said expanding access past TSA checkpoints would allow visitors to dine and shop alongside arriving and departing travelers, generating revenue for the airport while at the same time giving loved ones extra time together before flights.

“It creates a love and kind of a connection with that airport. And maybe, it means they want to fly out of here more,” he said.

Flooding terminals with non-ticketed guests could potentially impact TSA staffing, add to security checkpoint wait times and clog up seating at terminal gates.

Any program would also be subject to TSA approval, security screening and limits imposed by the airport.

While Thorpe is excited about the possibility of expanding airport access to non-ticketed visitors, he acknowledges that security remains a top priority.

“Safety and security — nothing comes before that. There are other exciting things at the airport … But our core responsibility is that safety and security element,” Thorpe said.

LAWMAKERS SEEK PROBE AFTER AIRLINES’ PASSENGER RECORDS ALLEGEDLY SHARED WITH FEDERAL AGENCIES WITHOUT WARRANTS

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If the change is adopted in Fresno, it would join six other California airports that have already introduced programs allowing approved non-ticketed visitors beyond security checkpoints.

Other Golden State airports with expanded access are Oakland San Francisco Bay Airport, San Francisco International Airport, Ontario International Airport, San Diego International Airport and Palm Springs International Airport, and John Wayne Airport, making it the state with the most airports with such programs.

More than 20 airports across the country allow non-ticketed visitors to receive a guest pass to move through airport security and into the terminal at no charge, with Pittsburgh International Airport the first major U.S. airport to enact the policy in 2017.

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Tyler Robinson, the man accused of fatally shooting prominent US conservative activist Charlie Kirk on a Utah college campus last year, pleaded not guilty on Tuesday to a murder charge that a judge ruled could carry the death penalty.

Robinson’s plea and the ruling by Utah District Court Judge Tony Graf came after prosecutors laid out what they called overwhelming evidence that a capital trial of Robinson, 23, was warranted for the murder of one of the US political right’s most prominent figures. Defense lawyers had argued the shooting did not meet the standard for a death penalty charge.

Utah County attorneys accused the former apprentice electrician of firing the single shot that killed Kirk, 31, as he held one of his trademark campus debates that helped propel him to national prominence.

Graf ruled that Robinson should face trial on all seven charges against him, among them aggravated murder for endangering the lives of others at the event. That count carries the death penalty in Utah.

Kirk’s killing, captured in cellphone video that spread widely on social media, is among a series of attacks on US political figures in recent years that have fueled debate over political violence in a deeply polarized country.

Tyler Robinson, accused in the fatal shooting of Charlie Kirk, appears during a hearing in 4th District Court on June 12, 2026 in Provo, Utah.  (credit:  Francisco Kjolseth-Pool/Getty Images)

Utah County prosecutor Ryan McBride presented video of what he said was Robinson taking up a sniper position at Utah Valley University in Orem on September 10, 2025, before he shot Kirk.

He displayed pictures that he said showed Robinson created a “great risk of death” to others, with Kirk’s security detail only feet away from Kirk when he was shot.

McBride said the four rounds in Robinson’s rifle demonstrated that the shooter was prepared to fire more rounds if the first missed, further endangering others.

“He lay down in a prone position, and he would have seen this mass of people of 3,000 plus people there for the event, took aim, put his crosshairs on Charlie Kirk, and fired,” McBride told the court.

DNA evidence disputed

Defense lawyer Staci Visser said the shooting endangered no one but Kirk, arguing the crime did not meet the standard of aggravated murder.

Visser said the assailant did not engage with anyone else or reload the weapon, but simply shot the gun and ran away.

“There is one act. There is one shot. There is one bullet. There is one victim,” Visser told the court. “There was no evidence that would suggest that anyone else was threatened.”

During the hearing, the prosecutor cited test results that showed Robinson’s DNA was on the alleged murder weapon. Defense lawyer Michael Burt questioned the reliability of that testing.

McBride alleged Robinson, who was in a relationship with his roommate Lance Twiggs, targeted Kirk for his political views against gay marriage and transgender rights. That argument could bolster the prosecution as it pursues the death penalty.

He cited a text message from Robinson in which he allegedly told Twiggs he shot Kirk because “some hate can’t be negotiated out.”

Among those in the packed courtroom were Kirk’s parents, Robert and Kathryn, and his wife, Erika, who has taken leadership of the late activist’s conservative youth organization.

A co-founder of conservative youth organization Turning Point USA, Kirk was credited with energizing young voters behind President Donald Trump’s 2024 reelection campaign.

His killing, captured in cellphone video that spread widely on social media, is among a series of attacks on US political figures in recent years that have fueled debate over political violence in a deeply polarized country.

At a memorial following Kirk’s shooting, Erika Kirk said she forgave the alleged shooter. She has not commented on the death penalty charge.

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For years, the conventional wisdom about young workers has gone something like this: Gen Z doesn’t want a traditional career. They’d rather freelance, day-trade, chase side hustles, and treat a 9-to-5 as something like a relic that their parents clung to. Some were even “financial nihilists” who gave up on an old-fashioned career.

Paul Osterman, professor emeritus at the MIT Sloan School of Management, has spent decades testing that kind of assumption against hard labor-market data, and in his new book, he says the evidence points in the opposite direction. “Is that rhetoric really reflected in the attitudes of younger people?” Osterman asked. “The evidence is that it’s absolutely not.”

The labor economist has built his career studying job quality, from long-term care workers to middle managers to what makes some employers create “good jobs” and others not. His book, Disposable Workers: The Transformation of Employment, is his latest attempt to quantify a shift he believes has been building since the postwar era: what employers are willing to offer.

The 35% number

Drawing on an original survey of more than 6,000 U.S. adults aged 24 and up, plus nearly 100 interviews with workers, employers, and staffing agencies, Osterman calculates that 35% of the American workforce, more than 55 million people, now falls into what he categorizes as “disposable” work: freelancers, contractors, gig workers, and a group he named “marginal workers.”

Marginal workers are W-2 employees of an organization who are not treated as real members of it—hired with an implicit understanding that they won’t stick around or advance. “They’re not really attached to the organization,” Osterman told Fortune. “No one has job security anymore, but these folks are hired with that expectation and are not going to be around for long.”

The category spans a surprisingly wide swath of the economy, from adjunct faculty and staff attorneys hired for single cases, to high-turnover retail and service jobs, to even contract employees embedded for years inside big tech companies without ever being on a path to full-time status. The point, Osterman added, is that they are all hired with the expectation of high turnover: that they’ll be disposable, in other words.

Gig work is a rounding error by comparison. “Gig jobs are not really the story,” Osterman said. “They’re about 2% of the workforce.” Contracting and marginal employment, he argues, are the much larger and more consequential trend hiding in plain sight. Osterman said he was surprised by the “magnitude” of what he found. “I mean, 35% is a big number.”

Debunking the generational narrative

Osterman said he specifically tested the idea that younger workers are voluntarily opting out of traditional careers in favor of entrepreneurial reinvention, financial risk-taking, or gig flexibility.

“The only shift in the attitudes of young people is towards work-family issues,” he said. “Those are more salient for younger people than for older people. But the desire to get a real job and have a career? That’s stable.”

“We’re in a different social strata,” he said. “And we kind of generalize our social strata to the world. That’s not actually accurate.” A survey of young workers in Ohio or Indiana, he argued, would tell a very different story than one drawn from Manhattan or Brooklyn.

Osterman’s finding lands as a key, complicating datapoint to the narrative that Gen Z has embraced “career minimalism,” or trading “the rigid career ladder for the career lily pad,” per the findings of Glassdoor and chief economist Daniel Zhao, who told Fortune that his findings actually agree with what Osterman discovered. “We are still in a job market where hiring is very sluggish and workers feel stuck in their careers.”

Zhao pointed to one concrete sign the strain is intensifying rather than easing: mentions of burnout in Glassdoor reviews were up 43% in May compared with a year earlier, a trend he attributes to accumulated pressure from layoffs, leadership demands, and AI-driven anxiety, with little relief in sight. He rejected the idea that any of this reflects diminished ambition on the part of Gen Z: “It’s not because of a lack of ambition or laziness or that sort of thing. In fact, it’s the opposite… they are just as committed to growing their career as their peers from previous generations were at the same age.”

“I don’t think that attitudes are very different between Gen Z and previous generations,” Zhao added. “The work that is available… [has] changed more than people’s attitudes towards work.”

A 25-year arc, not a new trend

Osterman traced the roots of this transformation back to the breakdown of the postwar labor “accord”—a period of high unionization, employer caution about provoking unions, and political support for long-term, stable employment that began fraying decades ago. He pointed to a famous, familiar inflection point: President Reagan’s 1981 firing of striking air traffic controllers, which Osterman called a signal that it was “open season on post-World War II employment systems.”

From there, he traced a longer, also familiar arc: the financialization of corporate strategy, rising competitive pressure, the legal fights over whether staffing agencies counted as the “employer of record,” and a shift in management ideology toward “core competency” thinking—the idea that most workers simply aren’t essential to a firm’s core business and can be treated accordingly.

He also pointed to attitude, not just economics, as a driver. Osterman cited a McKinsey report claiming 95% of a firm’s value is delivered by just 5% of its workforce as telling evidence of how corporate America has come to see the majority of its employees. “That says something about the attitude towards the rest of the workers,” he said.

Where AI fits and doesn’t

Osterman was careful to separate his findings from the current AI panic. “This trend preceded AI,” he said. “I think it’ll be exacerbated by AI, but it’s not an AI story.” He argues that AI’s primary effect so far has been to inject uncertainty into employer staffing decisions—and that uncertainty itself pushes companies further toward disposable labor arrangements, regardless of whether AI ultimately displaces large numbers of jobs. “No one has any idea what the overall impact of AI will be,” he said. “But I’m pretty confident it will exacerbate the move towards disposability because of the uncertainty it introduces.”

Zhao’s data adds a wrinkle worth noting alongside Osterman’s caution: Glassdoor research from his colleague Chris Martin found Gen Z workers are the most critical of AI in workplace reviews, ahead of millennials and Gen X. “I think they are positioned well to benefit from it in the long run, but understandably, they are very skeptical of AI right now.”

The apparent contradiction has a structural explanation. Goldman Sachs research, Zhao noted, suggests mid-career workers tend to struggle most during technological transitions: they’ve built up experience and skills that may no longer be as relevant, with 10 to 20 years of working life still ahead of them. Younger workers, by contrast, adapt quickly and move toward opportunity. “There is a lot of disruption,” Zhao said, “but they tend to adapt very quickly.”

What makes Gen Z’s relationship to AI different from prior generations’ relationship to new technology, Zhao argued, is that the ambivalence is partly a function of familiarity. The same quality that makes them most critical of it also makes them most likely to use it and redirect it toward their own ends. He pointed to the sustained explosion of new business applications tracked by Census Bureau data since 2020 as one concrete signal: entrepreneurship has kept accelerating well past the pandemic, and AI may be a partial driver. “Is it being partially driven by AI right now?” Zhao said. “I think the answer is probably yes.”

Osterman, for his part, hears something simpler in all the AI anxiety: “People are freaked out. There’s no question about that.” But the mechanism he’s confident about isn’t mass displacement, it’s that uncertainty becomes a management tool. Employers who don’t know how their staffing needs will change in an AI-driven world will default to arrangements that preserve maximum flexibility, which means more disposable workers. “Maybe you’re going to need more people or different people, but you don’t know,” he said. The rage about AI is really rage about a long-fraying workplace contract.

But those bright spots are the exception. Pay is lower across every disposable category compared with standard employment, and Osterman found contractors and marginal workers report substantially lower job satisfaction than freelancers or traditional employees—the group bearing the brunt of a labor market redesigned, in his telling, around cost control and flexibility rather than long-term investment in people.

For this story, Fortune journalists used generative AI as a research tool. An editor verified the accuracy of the information before publishing.

This story was originally featured on Fortune.com

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Last month, Anthropic was at the center of public backlash for a plan, called “Project Panama,” to “destructively scan all the books in the world” to train its Claude AI models. Now, the AI company finds itself again facing the (copyright) music.

Sony Music and Warner Chappell Music have sued Anthropic, naming CEO Dario Amodei and co-founder Benjamin Mann as individual defendants, for what the suit characterizes as illegally downloading, scraping and torrenting “thousands upon thousands” of copyrighted songs to train its AI models.

The lawsuit, filed in federal court in Northern California, alleges that Anthropic obtained lyrics and sheet music through pirate sources including Library Genesis and the Pirate Library Mirror, and, according to the complaint, scraped licensed lyric websites, such as Musixmatch and LyricFind. The publishers allege the material was then incorporated into Claude’s training data and that the model can reproduce copyrighted lyrics.

“In blatant violation of copyright law, Defendants have unlawfully acquired troves of Music Publishers’ musical compositions, and then systematically copied those works multiple times,” the filing read, “including as the inputs to train Anthropic’s Claude AI models and in the outputs those models generate.”

Scraping and distributing Musixmatch content violates the site’s user agreement, and LyricFind’s privacy policy similarly prohibits reproduction “unless otherwise stated,” the suit states.

Sony and Warner are seeking statutory damages of up to $150,000 for each song the court finds Anthropic to have infringed willfully. They are also seeking as much as $25,000 for each instance in which copyright-management information was allegedly removed from a work. With the complaint covering at least “thousands if not tens of thousands” of works, the potential damages could reach into the billions of dollars.

Among the songs named in the complaint are Marvin Gaye and Tammi Terrell’s “Ain’t No Mountain High Enough,” Mariah Carey’s “All I Want for Christmas Is You,” Survivor’s “Eye of the Tiger,” Leonard Cohen’s “Hallelujah,” Mark Ronson and Bruno Mars’ “Uptown Funk,” The Beatles’ “I Am the Walrus,” and Taylor Swift’s “Paper Rings” and “Cruel Summer.”

Anthropic rejected the allegations and said the company will “defend ourselves robustly” in court. 

“This is the third lawsuit from the same lawyers, recycling allegations from cases already before the courts,” an Anthropic spokesperson told Fortune.

It’s true that Anthropic has some history with the law firm: Oppenheim and Zebrak, which represents Sony and Warner in the new suit, first sued Anthropic in Oct. 2023 alongside Universal Music Publishing Group, Concord Music Group and ABKCO over roughly 500 songs. The same publishers filed a second suit through the same firm in January, covering more than 20,000 works and seeking over $3 billion. BMG and Round Hill Music have also sued Anthropic over music this year, but with different counsel—putting the total number of music-copyright suits against the company at five.

Anthropic’s other copyright fights 

Anthropic points to Bartz v. Anthropic as precedent for its fair use in using human-made work to train their models. The company says “training generative AI models is a transformative fair use—as the court held in Bartz,” highlighting the judge’s ruling on the use of copyrighted works.

“In short, the purpose and character of using copyrighted works to train LLMs to generate new text was quintessentially transformative,” Judge William Alsup wrote in June 2025 regarding the case. “Like any reader aspiring to be a writer, Anthropic’s LLMs trained upon works not to race ahead and replicate or supplant them.”

The AI company settled in Sept. 2025 for $1.5 billion with the owners of the copyrighted works. But Sony and Warner said it wasn’t enough.

“Anthropic clearly considers that to be just the cost of doing business given that its entire business model continues to be built on copyright theft,” the new Sony and Warner complaint read. “And $1.5 billion is obviously not a large enough settlement to deter infringing conduct by a company that has parlayed such mass infringement into a staggering $2-trillion-dollar valuation,” the complaint stated, referencing Anthropic’s IPO target. 

“In the process of building and operating AI models, Anthropic unlawfully copies and disseminates vast amounts of copyrighted works—including the lyrics to myriad musical compositions owned or controlled by Publishers,” the lawsuit filing read.

Sony Music Publishing and Warner Chappell did not immediately respond to Fortune‘s requests for comment.

This story was originally featured on Fortune.com

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Israel welcomed on Tuesday officials from the Democratic Republic of the Congo (DRC) in a step towards strengthening the relationship between the two countries, Foreign Minister Gideon Sa’ar announced in a post on X/Twitter. 

“I was pleased to host once again in Jerusalem Thérèse Kayikwamba Wagner, the Foreign Minister of the Democratic Republic of the Congo, who is accompanying the visit of her country’s President Felix Tshisekedi to Israel,” he wrote on the social media post. 

Sa’ar said comprehensive discussions on the relations between both countries were held, including Israel’s security challenges.

The implementation of an ongoing peace agreement between Congo and Rwanda was also discussed, Sa’ar added. 

“The DRC is a friendly country to Israel, and I hope that soon we will be able to announce a significant leap forward in relations between the countries,” he concluded. 

President Isaac Herzog greets President of the Democratic Republic of the Congo Felix Tshisekedi during his visit to Israel on September 1, 2026. (credit: X/Isaac Herzog)

President Isaac Herzog also published images of the visit on X/Twitter, welcoming Tshisekedi and calling him “my dear friend.” 

Israel, Congo have had rocky ties

Israel and the DRC established diplomatic relations following Congo’s independence in 1960 until they were severed following the Yom Kippur War in 1973, when the Arab League pressured African nations to sever relations with Israel. 

Then-president Mobutu Sese Seko described the decision to cut ties as a choice between a “friend” and a “brother.” 

In the early 1980s, Congo became one of the first African countries to restore ties with Israel. 

Tshisekedi has since strengthened cooperation with Israel in areas such as agriculture, technology, and security. 

According to a 2025 report from Turkey’s state-run Anadolu Agency, Tshisekedi said that discussions with Israel were going “very, very well” and that the DRC has “many opportunities” to offer Israel prior to Herzog’s visit to the country last year. 

“The evidence is clear, the friendship is deep between the two countries, through projects beneficial for our two countries, and this will be an opportunity to seize,” Anadolu cited Herzog as saying. 

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Russia, the world’s largest wheat exporter, is being forced to redraw one of the most important agricultural shipping networks in the world.

After repeated Ukrainian attacks disrupted shipping through the Black Sea and Sea of Azov, Russian grain exporters are increasingly turning north — toward ports on the Baltic Sea.

That sounds like a transportation story.

It is much bigger than that.

Russia exported about 46.3 million metric tons of grain through Black Sea and Azov ports during the 2025–2026 season, representing roughly 90% of its seaborne grain exports.

Those southern ports are valuable because they provide relatively short and inexpensive access to major buyers across the Middle East, Africa and Asia.

When that route becomes unreliable, the grain does not simply disappear.

It has to travel somewhere else.

And moving millions of tons of wheat hundreds or thousands of additional miles by rail before it reaches a ship can dramatically change the economics.

By mid-August, Russian exporters had already submitted requests to move roughly 5 million metric tons of grain toward Russian Baltic ports, an extraordinary increase for a route that handled only around 1 million tons previously.

Russia is also looking at ports in neighboring Baltic states, including Latvia, as exporters search for additional capacity.

The problem is that the alternative system is much smaller.

Russian Baltic grain ports can handle only about 7 million tons annually.

Even if additional capacity in Baltic state ports is used, analysts estimate that alternative ports and land routes may replace only about half of the volume that could be disrupted in the Black Sea.

That creates a bottleneck.

Why the Black Sea Matters So Much

Russia and Ukraine are both agricultural giants.

Together, they supply enormous quantities of wheat, corn, sunflower oil and other agricultural products to the global market.

Many countries in the Middle East and Africa rely heavily on Black Sea grain because it is relatively close and inexpensive to ship.

That means problems in the Black Sea can quickly become problems far beyond Russia and Ukraine.

If exporters have to use longer rail routes and more expensive ports, transportation costs rise.

Those higher costs can eventually affect the price buyers pay for grain.

And because wheat is used in bread, flour, animal feed and countless food products, changes in grain prices can eventually reach consumers.

What Changed

The shift toward the Baltic accelerated after attacks increasingly affected commercial shipping around Russia’s southern ports.

Ukraine has targeted Russian vessels and logistics infrastructure as part of its broader campaign against Russia’s war economy.

The Sea of Azov has been especially important.

It historically handles about a quarter of Russian grain exports.

The result is that companies now have to consider whether putting a cargo through those waters is worth the risk.

Shipping companies also consider insurance rates, crew safety and the possibility of delays.

Even if a port remains technically open, shipping can become economically unattractive when the risk becomes too high.

Russia Is Trying to Build an Alternative

Moscow is already trying to help exporters reroute shipments.

The Russian government has been preparing subsidies worth roughly 10 billion rubles, or about $120 million, to support rail transportation of agricultural products toward alternative export ports.

That includes Baltic ports and ports in Russia’s Far East.

The idea is simple.

If getting grain to the port becomes more expensive, the government can absorb part of the cost so Russian wheat remains competitive internationally.

But subsidies cannot create unlimited port capacity.

Grain terminals need storage facilities, rail connections, loading equipment and ships.

Those systems take time and money to expand.

That is why the shift north is important.

Russia can reroute some grain.

It cannot instantly recreate the massive export infrastructure it already has around the Black Sea.

The Pressure Is Not Only on Russia

Ukraine is dealing with its own transportation crisis.

Its traditional Black Sea export routes have also been severely disrupted.

Dozens of vessels are now waiting to reach Ukrainian ports through the Danube River, creating another major grain bottleneck.

That means the world’s grain market is seeing transportation problems on both sides of the war at the same time.

Turkey is now trying to develop a new arrangement that could restore safer grain shipping through the Black Sea.

The original U.N.- and Turkey-brokered Black Sea Grain Initiative allowed tens of millions of tons of Ukrainian agricultural products to reach global markets before Russia withdrew from the agreement in 2023.

Whether a new arrangement can be created remains uncertain.

What It Means for Businesses

For farmers and food companies thousands of miles away, the important issue is not necessarily how much wheat Russia grows.

It is whether Russia can economically get that wheat to customers.

A country can produce a huge crop, but if ports are blocked, ships are attacked or rail transportation becomes too expensive, global supply still tightens.

That can affect flour companies, bakeries, livestock producers, food manufacturers and eventually grocery prices.

It can also create opportunities for competing grain exporters in the United States, Canada, Argentina and elsewhere if buyers begin searching for more reliable suppliers.

The bigger lesson is that food markets depend on logistics almost as much as agriculture.

Russia still has the grain.

The question now is how much it will cost to move it — and whether the rest of the world ultimately pays part of that price.

JBizNews Desk | New York

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