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Daily
Every morning
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Tuesday recap
Nexstar Media Group announced a senior secured note offering exceeding $5 billion, aimed at financing its $6.2 billion acquisition of the former Gannett assets. The move follows Nexstar’s effective takeover of TEGNA and the conversion of TEGNA shares into Nexstar’s “NXST” ticker. The two‑tranche bond issuance will provide the liquidity needed to close the large‑scale purchase. The offering underscores Nexstar’s aggressive expansion strategy in the U.S. broadcast and digital media landscape.
Walmart surpassed the $1 trillion market‑cap milestone, a feat once reserved for pure‑play tech giants. Over the past three years the retailer accelerated its digital overhaul, using AI to revamp 850 million product data points and turning its physical footprint into a...
EisnerAmper has teamed with Microsoft to launch the EisnerAI Audit Design Agent, an assurance platform built on Microsoft Foundry. The AI‑driven tool acts as a research partner, quickly synthesizing data across systems and surfacing key patterns for auditors. By automating...
Physical AI equips drones, forklifts and other moving assets with cameras and computer‑vision models to continuously digitize warehouse inventory, eliminating manual barcode scans. The approach is hardware‑agnostic, leveraging off‑the‑shelf equipment to keep capital costs low and enable deployment in extreme...
If we are now about to enter a Central Bank rate rising period, it's worth considering we are in a very different place to the last rate rising period. Back a few years ago interest rates were artificially low and...
Cherene Aubert, founder of Growth Capital, advises D2C brands to stop discounting slow‑moving inventory and instead use bundles or free‑gift tactics that preserve margins. She recommends pairing a popular full‑price product with a discontinued item, allowing customers to perceive added...
"Caution is warranted," Waller tells @steveliesman on Friday after voting with the majority at the Fed this week to hold rates steady as the Iran war upends the economic outlook. "It doesn’t mean that I’m going to stay put for the...
Accounts payable teams face soaring invoice volumes, tighter compliance, and heightened fraud risk while headcount stays flat. Legacy automation tools based on templates and static rules cannot interpret diverse formats or link related documents, forcing manual work and errors. The...
If your resume is creeping past 2 pages because you’ve been working 15–20+ years, this is usually why. It’s really easy for a resume to turn into… everything you’ve ever done. Every role, every bullet, going back 20+ years. Makes sense since there’s...
Remitian announced a $7 million seed round and the launch of its Tax Payment API, aimed at streamlining the final mile of tax remittance for accounting firms and fintech partners. The API embeds payment initiation, validation, and real‑time tracking directly into...
Global bond yields continue to climb: the UK 10-year has touched 5%, while the German Bund has crossed 3% and the US stands at 4.36%. Compounding the warning signs for the global economy, this comes amid an ongoing bear flattening...
Gmail’s “Manage Subscriptions” functionality aims at decluttering inboxes, but it is hampered by flaws that limit its usefulness for consumers, while arbitrarily punishing some marketers. Here’s how to adapt >> https://t.co/AioTudgTl0 #emailmarketing #digitalmarketing https://t.co/0U2KarzaWt
Nigeria’s oil revenues are set to surge as the Iran‑Ukraine war pushes crude above $100 a barrel, a windfall for the country’s export‑driven economy. Yet the nation still imports most refined fuels, so higher global prices translate into steeper pump...
Half of marketing is already dead. We just haven’t admitted it yet. •content •social •SEO •design All getting compressed by AI. What’s left is smaller: 👉 decisions 👉 judgment 👉 accountability Marketing isn’t evolving. It’s splitting. https://t.co/KD7mKsKRDY
The offices of the state AGs and DirecTV said their lawsuits seeking to block the Nexstar-Tegna merger will continue to move forward, notwithstanding Nexstar’s announcement that the deal has closed. https://t.co/2Y4mvyhfS4 via @variety
Barton Malow announced expanded duties for four senior leaders, including two C‑suite members. Brandon Booth shifts from chief legal officer to chief strategy and risk officer, overseeing enterprise strategy, innovation, outside investments and built‑environment growth. CFO Brandon Yezbick adds the...
Waller’s not wrong about passthrough effects. They vary over time and are likely to be stronger the longer this shock goes on That said, the wise course is to look through them. It just turns out to be really hard in...
Episode 34: Amy and I explore the job of "Agent Executive" and how to avoid overwhelm in a world of infinite possibility. https://t.co/yD6fpmITU0
Mobilezone has signed an agreement with the AK Group to acquire the Swiss e‑commerce platform Apfelkiste.ch and retail branding specialist Marein for CHF 180 million. The deal will integrate Apfelkiste’s online catalog with Mobilezone’s extensive brick‑and‑mortar network across Switzerland. By adding Marein’s...
Pull your email dashboard right now. What % of total revenue is coming from flows? If it's under 20% you built your launch setup and stopped. There are 11 total flows everyone needs to run 🧵
inflation shows up on your screen much quicker than financial stability tremors and layoffs. hawk talk out of the gate is easy; hawk walk when UnE is up a percentage point and rising, not so much
Finance leaders entering 2026 face expanding regulatory expectations and more intricate operational risks. A Controllers Council webinar highlighted that compliance now spans tax, data governance, AI‑driven processes, and industry‑specific rules. Panelists urged finance teams to shift from reactive checklists to...
Now powell and Fed will be forced to do an emergency rate cut and be late as high oil prices start slowing down economy into recession.
It'll be interesting to see how this looks over the next week, as we get more post-FOMC Fedspeak. But my proprietary measure of FOMC hawkishness climbed even further after Powell's press conference. https://t.co/lNilk5T2yz
Novartis announced a deal worth up to $3 billion to acquire SNV4818, a pan‑mutant‑selective PI3Kα inhibitor aimed at hormone‑receptor‑positive, HER2‑negative breast cancer. The transaction includes $2 billion upfront and potential milestones exceeding $1 billion, with closing expected in early 2026. Collegium Pharmaceutical agreed...
Jim Cathcart: Rise to the Top 1 Percent https://t.co/6tRgiAR8sm via @YouTube Steve Ramona is a super connector, it was a joy to be on his podcast.
Two ratings on Nexstar are junk, so this deal will require mass layoffs of local journalists.
UK venture capital tracked £53.69 million across six deals from 16‑20 March, a 97% week‑on‑week drop. The largest round was Edra’s £22.4 million Series A for AI‑driven workflow automation, followed by Tracebit’s £15 million Series A in cloud‑focused cybersecurity. Smaller raises included Flexzo AI’s £8.9 million for...
This week we unpack just how trapped central banks are, especially single mandate central banks who are forced to hike into this shock. Shit is not great yo
Become a master wordsmith. Words trigger mental pictures. Mental pictures trigger emotions. Emotions trigger actions. Actions close deals. Stop paraphrasing your buyer. Stop putting your own twist on things. Use THEIR exact words back to them. That's how trust is built.
In this episode, host Eric Banholz chats with e‑commerce strategist Shireen, known as the "D2C queen," about moving beyond deep discounting to smarter offer strategies. Shireen shares how AI agents can automate tasks without forcing new habits, and emphasizes that...
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Proof, an AI‑driven, agent‑native document editor, launched and quickly amassed over 4,000 documents before its server crashed repeatedly. The author recounts a sleepless week of debugging, relying on the same Codex agents that built the app to diagnose deep code...
Luxury marketing hinges on creating desire rather than competing on price or promotions. Douglas Mandel explains the "Haute Couture Principle," where an unattainable apex—like a hand‑beaded gown or a Formula 1 program—sets the aspirational tone for all product tiers. Brands reinforce...
Premier Foods is reportedly weighing a £200 million offer for Crosta Mollica, the UK‑based maker of premium frozen pizzas, pasta and Italian flatbreads. The move follows a series of acquisitions under CEO Alex Whitehouse, including Merchant Gourmet, Fuel10K and The Spice...
Forescout Technologies reported robust FY2025 results, adding over 230 net new customers and closing 58 deals worth $1 million or more, a 26% increase year‑over‑year. Revenue growth was strong across financial services (up 25%) and healthcare (up 24%), while gross dollar...
The recent Iran‑USA‑Israel escalation, highlighted by Operation Epic Fury and Iran’s closure of the Strait of Hormuz, has halted the flow of roughly 20 million barrels of oil daily, unsettling global energy markets. The disruption creates a strategic opening for Africa...
Giant biotech round that hit right after I sent Pro Rata: Earendil Labs raises $787M https://t.co/NWt2bBA9Lr
China Evergrande’s liquidators have scheduled a court hearing with PwC in Hong Kong’s High Court for May 18, 2026, marking the first public session of a lawsuit filed in March 2024. The creditors’ representatives allege that PwC’s mainland affiliate was negligent and...
Slip‑and‑fall injuries account for over 25% of non‑fatal workplace incidents, yet many facility leaders still prioritize flooring products over operational discipline. The article argues that a process‑driven safety program—standardized cleaning, proactive inspections, clear responsibilities, and continuous training—delivers far greater risk...
Industrial production nudged up 0.2% in February, marking a modest 1.4% year‑over‑year gain, a small but positive signal for the NBER recession gauges. Homebuilder confidence ticked higher in March yet remains historically low, with 37% of builders cutting prices. Gasoline...
Oxford Economics slashed its UK GDP growth forecast to 0.4% from 0.9%, half the OBR’s estimate. The downgrade reflects rising oil and gas prices after the Iran‑Israel conflict, which keep interest rates high and increase business costs. Analysts warn that...
Chicago’s city council voted 30‑to‑18 to freeze the city’s tip credit at 24% of the minimum wage, keeping the tipped minimum at $12.62 per hour. Mayor Brandon Johnson announced he will veto the ordinance, arguing that the stepwise elimination of...
Flipkart announced a 105% Company Performance Multiplier for eligible employees, covering roughly 20,000 staff. The bonus reflects strong performance across business, operational, financial and people metrics and signals momentum toward sustainable profitability. Payouts for senior staff (VPs and SVPs) will...
The IRS issued Revenue Procedure 2026‑17, allowing taxpayers to withdraw Sec. 163(j)(7) elections for excepted trades or businesses and to make a late Sec. 168(k)(7) election to forego bonus depreciation. The guidance implements changes from H.R. 1, which made 100 percent bonus depreciation permanent...
The prediction markets are pushing out expectations of a US-Iran #ceasefire further and further... It's not unrelated that expectations of a #recession are creeping up at the same time... https://t.co/oFshabOLCJ
The US National Debt has now increased by $2.8 trillion since the Debt Ceiling was raised last July. The Federal Government continues to borrow from our future to spend money like drunken sailors today. Next stop: $40 trillion... https://t.co/rtXuDORPwa
The Aircraft Owners and Pilots Association (AOPA) board of trustees elected Luke Wippler as its next chairman, succeeding James N. Hauslein, who is stepping down. Wippler brings nearly 25 years of executive experience in financial services and a long history...
The article explains the “jock tax,” a multi‑state income‑sourcing rule that taxes athletes based on the number of duty days spent in each jurisdiction. It uses Sam Darnold’s $249,000 California tax bill after the Super Bowl to illustrate how the...
The Financial Conduct Authority is being criticised for over‑regulating, which many say hampers investment activity and drives investors toward ultra‑safe, low‑return products. Industry leaders argue that a cultural shift toward risk‑taking and clearer messaging is essential, especially as surveys reveal...
You don’t SAY. This zero bound fails miserably too On @CNBC Waller said research suggesting that the break-even rate for employment is ~zero is another challenge for assessing labor-market strength “My brain understands the math, but I can’t get through my gut...
