- Georgia edged Mississippi State 13-12 to move one win from Omaha, with Game 2 currently live.
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Latest stories in Business and Finance.
- A luxury Miami waterfront home is for sale—and the seller (Luis Noguera’s father) says he’d consider accepting shares in AI companies like OpenAI, Anthropic, or SpaceX as part of the payment.
- The family is rethinking real estate vs. tech, believing stakes in AI companies could be a better long‑term investment than keeping the property.
- The story highlights a generational shift toward creative deal structures and tech-focused investing—likely favoring cash-plus-stock offers.
- Despite talks stalling, roughly 1,000 commercial ships transited the Strait of Hormuz in the past two months (about 17/day)—well below pre-war levels but busier than earlier counts.
- The U.S. has been quietly helping vessels transit—radar/drones monitoring, advising ships to go “dark,” and guiding traffic along an alternate Omani lane while responding with limited strikes when threatened.
- Iran’s control of lanes and intermittent attacks give it significant leverage, keeping the Gulf risky and nudging the world to reduce reliance on the region’s oil supplies.
- Big credit players like DoubleLine, Oaktree and Pimco are buying debt tied to the AI boom — but they’re being picky and warn a credit bubble is likely, so it’s a high-reward/high-risk play.
- Tech giants and “hyperscalers” have already issued huge amounts of bonds (about $155B so far), and firms may spend roughly $5 trillion on AI-related capex over the next five years, driving massive borrowing.
- Data centers and long-maturity debt are the biggest worry—projects take years to build and can be quickly obsolete or overbuilt, so investors are favoring strong balance sheets or protective deal structures.
- Eli Lilly’s experimental drug retatrutide produced large benefits in trials — participants lost about 28% of body weight and people with type 2 diabetes saw better blood sugar control.
- Beyond weight loss, the drug cut the severity of obstructive sleep apnea and substantially reduced knee osteoarthritis pain, suggesting broader health perks.
- Retatrutide is part of a hot race (Lilly vs. Novo Nordisk and others) to dominate the booming obesity/diabetes market, though a few rare heart-related events are still under review.
- Big chains are trimming their footprints in 2026 — Wendy’s may close up to 350 U.S. restaurants, Pizza Hut about 250, and Papa John’s roughly 200.
- Brands blame inflation, rising labor costs, and shifting tastes, and many are leaning on menu innovation and value deals to win customers back.
- Standout closures include Red Lobster’s Times Square flagship after 23 years, plus abrupt local shutdowns at some Denny’s and Red Robin locations.
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