- Inter Miami signed Brazil midfielder Casemiro — a five-time Champions League winner who played for Real Madrid and Manchester United and featured for Brazil at the World Cup.
- MLS is investigating possible tampering after Inter Miami reached a settlement with LA Galaxy, which held Casemiro’s discovery rights.
- His debut is uncertain as he awaits a visa; he’s signed through the shortened 2027 “Sprint Season” with an extension option to 2029.
Latest stories in Business and Finance.
- Senate Democratic leader Chuck Schumer tried to block taxpayer funding to retrofit a luxury Boeing 747 gifted by Qatar to President Trump, calling it an expensive “palace in the sky.”
- Republican Sen. Deb Fischer objected, noting the measure was already voted down and warning it could interfere with a separate survivable airborne command‑and‑control program.
- Reports say the donated jet lacks defensive countermeasures; Trump says it will be “maxed out” with needed security upgrades.
- A New York judge allowed AG Letitia James's lawsuit against Zelle to proceed, saying allegations that safety lapses enabled more than $1 billion in consumer theft are sufficient to move forward.
- Zelle—owned by seven big U.S. banks (Bank of America, Capital One, JPMorgan Chase, PNC, Truist, U.S. Bank and Wells Fargo)—says it will appeal and denies the claims.
- The suit argues Zelle marketed itself as secure while delaying basic fraud protections until 2023; a similar CFPB case was dropped earlier this year.
- The Pentagon aims to pass its first-ever clean financial audit by 2028 — a big milestone after years of failing to fully account for nearly $1 trillion in annual spending.
- A new Army system uncovered funny-but-costly data-entry errors (like typing the letter "O" instead of zero or adding extra zeros), which made it look like the service owned more trucks and property than it actually did.
- Consolidating hundreds of business systems into a single “pane of glass” dashboard now gives real-time spending and inventory views, and officials hope to use machine learning to catch errors before they skew the books.
- Jersey Mike’s is gearing up for a huge IPO and aggressive growth — about 3,300 stores now with plans to expand to as many as 7,500 in the U.S. (15,000 including international) and openings planned in Canada and the U.K./Ireland.
- The company’s prospectus shows it spent $41 million on a private jet for founder Peter Cancro in 2024 (plus roughly $2 million in travel payments), with the jet moved to an entity he controls.
- Jersey Mike’s markets itself as “protein-forward” — many subs pack 35–47g of protein — and nearly half of its sales happen at lunchtime, which it says fits trends like higher-protein diets and GLP-1 weight-loss drug users.
- South Korea's red-hot rally is cooling as the memory-chip price boom eases and rising Chinese capacity could intensify competition.
- TS Lombard prefers Taiwan and Japan for longer-term AI plays (TSMC, chip-equipment makers) and is neutral on South Korea.
- Samsung and SK Hynix have pulled back from recent peaks and face greater earnings volatility from price swings, plus macro risks like higher U.S. rates and a retail leverage unwind.
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