Podcasts about shareholders

The panel explores first impressions of Siri AI, from image searches, weather, news, and Vision Pro visual recognition to unexpected limitations involving apps and personal context. The discussion also covers Steve Jobs and Apple Store history, Steve Wozniak's new merchandise venture, Apple's wearable market strength, GM's continuing retreat from CarPlay, and Tim Cook's expanding diplomatic role.  The panel consists of Chuck Joiner, David Ginsburg, Web Bixby, Eric Bolden, Marty Jencius, Jim Rea, and Jeff Gamet. MacVoices is supported by Origin Technology. Origin is endpoint AI observability. See what a trace looks like at https://originhq.com/macvoices. Show Notes: Chapters: 00:03 Testing the New Siri AI Experience 01:28 Learning to Use a More Capable Siri 02:01 Siri Search, Stories, Weather, and Vision Pro 05:05 Personal Context and Siri's Current Limitations 06:33 Privacy, Apps, and Siri Integration 09:11 Testing Visual Intelligence at the Grocery Store 11:12 On-Device vs. Off-Device AI Requests 12:33 Steve Jobs and the Philosophy Behind Apple Retail 14:01 Sponsor: Origin 15:34 Steve Wozniak Launches a Merch Store 18:12 Remembering the US Festival 18:55 Apple Leads in Earbuds and Smartwatches 19:44 GM Continues Moving Away From CarPlay 21:35 Tim Cook's Evolving Role at Apple 22:51 Tim Cook as Apple's Global Ambassador 24:42 Apple, Shareholders, and Corporate Responsibility Links: Here are 100+ things Siri AI can do on your iPhone – 9to5Mac https://9to5mac.com/2026/09/17/here-are-100-things-siri-ai-can-do-on-your-iphone/   The word Steve Jobs wouldn't let us say—and how it built Apple's most loyal customers https://www.fastcompany.com/91569739/the-word-steve-jobs-wouldnt-let-us-say-and-how-it-built-apples-most-loyal-customers-steve-jobs-apple-marketing-strategy A Woz merch store is the most surprising launch this month – 9to5Mac https://9to5mac.com/2026/09/17/a-woz-merch-store-is-the-most-surprising-launch-this-month/   Apple leads the global true wireless stereo market with 20.5% market share https://appleworld.today/2026/09/apple-leads-the-global-true-wireless-stereo-market-with-20-5-market-share/   The Apple Watch now has 40.2% of the global smartwatch market https://appleworld.today/2026/09/the-apple-watch-now-has-40-2-of-the-global-smartwatch-market/   GM Wants You to Know It Still Plans to Ditch Apple CarPlay in Future EVs https://www.macrumors.com/2026/09/21/gm-stance-on-apple-carplay/   Tim Cook keeping John Ternus away from controversy by attending White House dinner https://9to5mac.com/2026/09/17/tim-cook-keeping-john-ternus-away-from-controversy-by-attending-white-house-dinner/   Tim Cook to Attend White House State Dinner for Xi Jinping https://www.macrumors.com/2026/09/16/tim-cook-state-dinner-xi-jinping/ Guests: Get detailed bios and contact information about for the panel on the MacVoices Live! Panel page on our web site: https://macvoices.com/macvoiceslive/macvoices-live-panel/ Support: Become a MacVoices Patron on Patreon http://patreon.com/macvoices Enjoy this episode? Make a one-time donation with PayPal Connect: Web: http://macvoices.com Twitter: http://www.twitter.com/chuckjoiner http://www.twitter.com/macvoices Mastodon: https://mastodon.cloud/@chuckjoiner Facebook: http://www.facebook.com/chuck.joiner MacVoices Page on Facebook: http://www.facebook.com/macvoices/ MacVoices Group on Facebook: http://www.facebook.com/groups/macvoice LinkedIn: https://www.linkedin.com/in/chuckjoiner/ Instagram: https://www.instagram.com/chuckjoiner/ Subscribe: Audio in iTunes Video in iTunes Subscribe manually via iTunes or any podcatcher: Audio: http://www.macvoices.com/rss/macvoicesrss Video: http://www.macvoices.com/rss/macvoicesvideorss

Interview with enCore Energy Executive Chair William Sheriff Our previous interview: https://www.cruxinvestor.com/posts/encore-energy-nasdaqeu-founder-transition-isr-growth-verdera-upside-9413Recording date: 25th September 2026enCore Energy Corp. (NASDAQ:EU, TSXV:EU) is a US in-situ recovery (ISR) uranium producer with two operating central processing plants in South Texas: Alta Mesa, a 70/30 joint venture with Boss Energy, and Rosita. It also has development projects in South Dakota and Wyoming. In an interview with Crux Investor, founder and Executive Chair William Sheriff set out where the company stands after a difficult 2026 and what investors should watch next.The central issue is permitting. Two new sources of feed are built and ready: Wellfield 3 Extension at Alta Mesa, and the Upper Spring Creek satellite ion exchange plant and wellfield that feed Rosita. A third, Wellfield 8 at Alta Mesa, was days from completion. Final permits from the Texas Commission on Environmental Quality (TCEQ) are guided for Q4 2026 for the first two and by the end of Q1 2027 for Wellfield 8. Sheriff blames the delay on an impasse between previous management and the regulator, which he describes as self-induced. New Chief Executive Richard Little has since rebuilt the relationship, and Sheriff says any surprise on timing is more likely to be positive. The company intends to announce when the first permit clears public comment without opposition.Until then, extraction will be minimal. Wellfield 7 reached the end of its economic life in Q3, leaving a gap of three to four months. First-half 2026 figures already showed the slowdown, with 131,274 pounds of U3O8 extracted against 317,613 pounds a year earlier. The company met contract deliveries of 485,000 pounds partly with 360,000 purchased pounds. That lifted the weighted average cost of delivered uranium to $75.54 per pound, against an average sales price of $70.10.Management has responded with cost discipline. Little has more than 30 years in production-focused roles, and Sheriff says he agreed to join only if Sheriff returned. Staff numbers were cut by around 24% after an early-year hiring surge. Because drilling had run well ahead of permitting, Sheriff says the rig count was cut from 32 to 10. Total liquidity was $88.4 million at June 30, or $73.5 million excluding Verdera shares. The company has not drawn on its US$250 million ATM facility, and Sheriff says he has no interest in doing so.The share price was hit in September by heavy ETF-related selling, which briefly pushed the stock below US$0.70 on record volume. Sheriff and his wife bought about $250,000 of shares. The price recovered to the $1.20 to $1.25 range within two trading sessions of the September 18 low.Longer-term growth centres on Dewey Burdock in South Dakota. The project obtained all federal permits in under a year through the FAST-41 programme and entered state permitting in June 2026. Its preliminary economic assessment outlines 750,000 pounds a year, total life-of-mine capital of $264.2 million and a 39% pre-tax IRR at $86.34 per pound.Shareholders are also due to receive about 0.18 of a Verdera Energy share per enCore share on September 30. enCore received the Verdera shares when it sold its New Mexico assets to the company in 2025. The distribution gives holders exposure to about 88 million pounds across six New Mexico properties, a mix of current NI 43-101 resources and historical estimates. enCore keeps about 13.5% of Verdera.Sheriff continues to argue for consolidation among US ISR producers, now through agreed deals rather than tender offers. For investors, the near-term test is simple: whether permits arrive on schedule and turn built infrastructure into steady production.

On this week's episode of the Shareholders the guys discuss current events, the Woke Report with Junior, the stock, take the Chinmey Oaks Golf Club Mailbag from the Middle, and give out their picks on the Happy Hedge!

(0:00) Intro(1:23) About the podcast sponsor: The American College of Governance Counsel(2:07) Start of interview(2:58) Stavros Gadinis' Origin Story(4:27) The origin of his new book Corporate Ordering: How Corporations Navigate Social Conflict(5:30) Shareholders vs. Stakeholders: why the century-old debate over corporate purpose remains unresolved(7:37) Corporations as Rulemakers: how companies increasingly create rules that affect millions or even billions of people(11:07) Who Really Has Decision-Making Power? Boards, founders, dual-class shares, institutional investors, and corporate hierarchies(13:31) AI Governance Models: Microsoft, OpenAI, Anthropic, and different approaches to governing AI(14:43) Microsoft's approach to Responsible AI and building internal systems for accountability, transparency, and oversight(18:00) Creating internal checks on product decisions and giving employees a process to challenge governance decisions(18:48) The OpenAI Governance Crisis: Altman's 2023 firing, the power of employees and investors, and the limits of formal board authority(20:25) Why governance structures designed for startups may not survive when companies grow into massive global businesses(22:25) OpenAI vs. Anthropic: detailed rulebooks versus Constitutional AI and the tradeoffs between specific rules and broad principles(25:09) Meta's Oversight Board: what worked, what did not, and why independent monitoring requires real authority(28:10) Stavros's Three-Part Corporate Ordering Framework: 1) rule making, 2) implementation, and 3) monitoring.(32:20) Is corporate ordering just Compliance 2.0? Why Stavros sees an important difference between compliance and product design(34:55) Uber's Safety Reckoning: how outside consultation changed the company's approach to reporting sexual assault (38:06) AI Regulation: the emerging patchwork across the United States, Europe, China, and other jurisdictions(40:04) How corporate AI governance practices can eventually become the foundation for government regulation(42:17) The increasingly important role of the General Counsel in governance, regulation, and helping shape emerging rules(43:21) A book that influenced Stavros: a biography of Louis XIV, and lessons about concentrated power and decision-making(44:19) His mentor, Howell Jackson of Harvard Law School, and the importance of embracing complexity(45:27) A lesson from his painting instructor: don't be afraid to start with the wrong line(46:20) An unusual passion: French patisserie (46:56) The living person he most admires: Icelandic pianist Víkingur Ólafsson(48:20) Where to find Corporate Ordering: How Corporations Navigate Social ConflictStavros Gadinis is the George R. Johnson Professor of Law and Faculty Director of the Berkeley Center for Law and Business at UC Berkeley School of Law ---Stay connected with Boardroom Governance:Website: boardroom-governance.comNewsletter: Boardroom Governance on SubstackYouTube: Boardroom GovernanceLinkedIn: Evan EpsteinX: @evanepsteinSubscribe to the Boardroom Governance newsletter for governance insights and exclusive subscriber content: evanepstein.substack.com---Music: “Seeing The Future” by Dexter Britain, via Free Music Archive, licensed under the Creative Commons Attribution-NonCommercial-ShareAlike 3.0 United States License.

On this week's episode of the Shareholders the guys dicuss current events, the Woke Report with Junior, the stock, answer the Chimney Oaks Golf Club Mailbag from the Middle, and give out their picks on the Happy Hedge!

Watch on YouTube. Comment your thoughts Shareholders, don't hold back. The Lions fall 41-31 on TNF to the Bills. Full reaction on Sunday from the whole crew. See you all Sunday, Lets go Lions.

【欢迎订阅】 每天早上5:30，准时更新。 【阅读原文】 标题：Venezuela vowed not to ‘hand over' its oil. Trump aims to grab a windfall.The deal cements the United States'long-term dominance over Venezuela, which has become a neo-colony since the U.S. military's capture of then President Nicolás Maduro in January.正文：As Nicolás Maduro's vice president in Venezuela, Delcy Rodríguez once accused her political rival of planning to hand over the country's riches — its vast oil reserves — to the United States. “They are her owners,” Rodriguez said in 2024 of María Corina Machado, then the U.S.-backed opposition leader. “Her master gives her orders to do what? To hand over the oil, the gas, the gold … to hand over and trample on our historical dignity.”知识点：【accuse sb of sth】 /əˈkjuːz/ 固定搭配 英文释义：accuse someone of something means to say that you believe someone has done something wrong or committed a crime 本义为"当面指控、控告"（来自拉丁语 causa"诉讼理由"），政治攻讦与法律语境核心义为"指责某人做了某事"，介词固定为of，后接名词或动名词（本文特指：2024年罗德里格斯指责其政治对手马查多"打算把国家财富交给美国"——accused her rival of planning to hand over，of 后接动名词 planning，是这一搭配最典型的用法）核心搭配：accuse sb of sth、accuse sb of doing sth、be accused of murder/fraud、falsely accuse、face accusations・Shareholders accused the board of concealing the scale of the losses for more than a year. 股东指责董事会隐瞒亏损规模长达一年多。・He was accused of leaking confidential documents, a charge his lawyers flatly denied. 他被控泄露机密文件，其律师对这一指控予以断然否认。【节目介绍】 《早安英文-每日外刊精读》，带你精读最新外刊，了解国际最热事件：分析语法结构，拆解长难句，最接地气的翻译，还有重点词汇讲解。 所有选题均来自于《经济学人》《纽约时报》《华尔街日报》《华盛顿邮报》《大西洋月刊》《科学杂志》《国家地理》等国际一线外刊。 【适合谁听】 1、关注时事热点新闻，想要学习最新最潮流英文表达的英文学习者 2、任何想通过地道英文提高听、说、读、写能力的英文学习者 3、想快速掌握表达，有出国学习和旅游计划的英语爱好者 4、参加各类英语考试的应试者（如大学英语四六级、托福雅思、考研等） 【你将获得】 1、超过1000篇外刊精读课程，拓展丰富语言表达和文化背景 2、逐词、逐句精确讲解，系统掌握英语词汇、听力、阅读和语法 3、每期内附学习笔记，包含全文注释、长难句解析、疑难语法点等，帮助扫除阅读障碍。

After years of relentless balance-sheet repair, the upstream oil and gas industry may be reaching an important turning point in its capital-allocation strategy. Today, we review Q2 2026 cash allocation and analyze a trend that is far from uniform, revealing sharply different priorities among E&Ps.

Send us Fan Mail"Success to me is happiness." –Brian HessThe L3 Podcast is BACK! In this episode of the L3 Leadership Podcast, Doug Smith sits down with entrepreneur and business leader Brian Hess, founder of The Pavement Group, Top Contractor School, and 1 Team Media.Whether you're building a business, leading a team, raising a family, or simply trying to become a better leader, this conversation is packed with practical wisdom for the journey.⏱️ Episode Breakdown00:00 – L3 Leadership is back: Doug welcomes Brian Hess01:00 – The impact Brian's grandmother had on his life04:00 – Dreaming about entrepreneurship at six years old06:00 – The price behind success that people don't see09:00 – Why God likes to “hit a moving target”10:00 – Is entrepreneurship really for everyone?11:00 – Brian's definition of true success12:00 – Why Brian waited until 38 to become an entrepreneur14:00 – Building a company that creates opportunities for others16:00 – The risk Brian and his wife took to pursue the vision17:00 – Why Brian wouldn't change the timing of his journey19:00 – How to compress time and accelerate your experience20:00 – The sacrifices required to build something great23:00 – Helping your family understand what the sacrifice is for25:00 – What Brian learned about hard work from his father27:00 – Why leaders need to reject a victim mentality29:00 – Carrying the weight and responsibility of leadership31:00 – Building a team that can carry the load with you32:00 – Why great leaders have to “pull the weeds”34:00 – Going from being needed everywhere to building a self-sufficient team35:00 – The leadership lessons Brian has learned over eight years36:00 – Humility and knowing when to listen38:00 – Auditing where you invest your time39:00 – The investments that have produced the greatest growth40:00 – Studying Warren Buffett's Berkshire Hathaway shareholder letters41:00 – Brian's approach to building meaningful relationships42:00 – Why cold DMs and transactional networking don't work44:00 – Playing the long game with influential leaders47:00 – How Brian maintains a powerful network49:00 – What Brian is learning about parenting five children51:00 – Why being a parent is the most important title you'll ever have53:00 – How faith has shaped Brian's leadership and entrepreneurship55:00 – The Brian Hess Show and closing thoughtsLinks: Brian Hess https://realbrianhess.comBrian Hess on LinkedIn https://www.linkedin.com/in/realbrianhess/The Pavement Group https://thepavementgroup.comTop Contractor School https://topcontractorschool.com1TEAM Media https://1teammedia.comNothingman / Shiloh Plate & Pour (Pittsburgh) https://www.shilohplateandpour.comThe Brian Hess Show — Apple Podcasts https://podcasts.apple.com/us/podcast/the-brian-hess-show/id1477287951The Brian Hess Show — Spotify https://open.spotify.com/show/4OnmaJ1QDjgb2bZcJjrPhKThe Brian Hess Show — Website https://realbrianhess.com/podcast/John Maxwell https://www.johnmaxwell.comEd Mylett https://www.edmylett.comC12 Group https://www.c12group.comBerkshire Hathaway Letters to Shareholders https://www.berkshirehathaway.com/letters/letters.htmlThe L3 Leadership Podcast is sponsored by Andocia Marketing Solutions.Andocia exists to bring leaders' visions to life. Learn more at www.andocia.com

The wait is over Shareholders. Lions Football is officially back this week and we have all the season predictions on the table to get you ready for the action. Sit back and take notes of all our bold predictions exclusively on The Lion's Share. Lets go Lions!

This podcast marks the first episode in Clarkslegal's five-part Shareholders' Agreement miniseries, providing a practical introduction to one of the most important documents for business owners and investors. Emma Docking and Jonathan Hayes, Senior Solicitors in Clarkslegal's Corporate team, answer some of the most frequently asked questions they receive from clients, including what a shareholders' agreement is, why it is used alongside articles of association, and the risks businesses may face without one in place. The discussion highlights how a well-drafted shareholders' agreement can provide clarity, protect shareholder interests, and help businesses avoid costly disputes in the future.In this episode, they cover:What a shareholders' agreement is and why it mattersThe differences between a shareholders' agreement and articles of associationHow these agreements can protect both majority and minority shareholdersCommon issues that can arise when no shareholders' agreement is in placeThe role of share transfer restrictions, pre-emption rights and dispute resolution mechanismsContact our shareholder agreement expertsIf you have questions about shareholders' agreements or need advice tailored to your business, contact our experienced lawyers today to discuss how we can help protect your interests and strengthen your company's governance.A Business Essential GuideFor more information and to access our comprehensive guide, click here. Next episode: ‘Key Provisions found in a Shareholders' Agreement'

DR'We Know We Got This Wrong': Target Apologises and Pulls 'Offensive' Halloween Costume After Racist Backlash; Target Executive Chair Brian Cornell Sells 50,000 Shares for $8.2 Million; WHO DO YOU BLAME?Executive Chair/former CEO (since 2014) Brian Cornell: still 21% influence!CEO Michael Fiddelke: 16% influence; started at Target in 2003; formerly COO and CFOWhy does the corporate page not list his years of service in two separate bios??Dmitri Stockton: 8 years tenure; the double-DEI hater (Deere & Company) Mr. Stockton provides the Board with senior leadership, marketing / design / brands, human capital management, capital deployment, information security / data privacy, financial management, risk management, reputation management, and sustainability and governance skills developed over his more than 30 years of service with General Electric Company in senior leadership positions with escalating levels of responsibilityMarketing / Design / Brands: Target's brand and focus on style and design are the cornerstones of our strategy to offer a preferred shopping experience for our guests that differentiates us in the marketplace.Reputation management: To be successful, we must preserve, grow, and leverage the value of our reputation with our guests, Team Members, vendors, and our shareholders and appropriately respond to crisis events affecting them.A random executive?Chief Merchandising Officer Cara Sylvester: joined Target in 2007Chief Community and Stakeholder Engagement Officer Kiera Fernandez: joined Target in 2001Chief Stores Officer Adrienne Costanzo: joined Target in 2004Black CFO representation falls 25% from 2021 peak as diversity levels off: The number of Black finance chiefs in Fortune 500 and S&P 500 companies ticked down to 15 this year, according to the report from Crist Kolder Associates. WHO DO YOU BLAME?Tractor Supply Co.: Fully eliminated its DEI goals, retired carbon emission targets, and withdrew sponsorships from social and cultural events.Deere & Company: Ended participation in social awareness parades and pledged to eliminate diversity quotas and identity-based affinity group funding.Target: Scaled back its "Racial Equity Action and Change" roadmap, modified its strategy for Pride Month merchandise, and adjusted internal diversity goals.Walmart: Ended key equity training programs, modified its third-party seller guidelines, and scaled back specific minority supplier programs.Lowe's: Ended participation in external LGBTQ+ advocacy surveys and consolidated its employee resource groups under a centralized oversight structure.Ford Motor Company: Scaled back internal diversity targets, stopped participating in third-party workplace index surveys, and unlinked executive pay from DEI metrics.Harley-Davidson: Discontinued its dedicated DEI function, eliminated diversity quotas for supplier contracts, and ended HRC index reporting.Molson Coors: Removed DEI quotas from executive incentive plans and stepped back from external diversity rankings.Meta: Reorganized its human resources departments, eliminating specialized DEI teams and specific supplier diversity programs in favor of broader recruitment practices.Amazon: Phased out several internal affinity programs and explicit representation targets for hiring.McDonald's: Retired numerical demographic goals for senior management roles and paused external workplace diversity surveys.Goldman Sachs: Ended its policy requiring companies it takes public to have at least one diverse board member.The double (and triple?) dippers:Dmitri Stockton: director at Target & DeereJohn May CEO/Chair Deere & Ford Motor directorMarvin Ellison: CEO/Chair at Lowe's after 15 years at TargetJim Farley: CEO Ford Motor & McDonald's director & former Harley-Davison director MMTrump 2.0/ElonShareholder opposition to executive pay eases globallyEurope: NO VOTES for past year fell nearly 6 percentage points year-over-year to 25.2%, the lowest average level since at least 2018.United States: Say on Pay Average Support (S&P 500): Rose to 90.4% (up from 89.7%). Failed Votes (12 years tenure, only 4 of the 11 directors got tagged as having meritThe number of committees - SIX different committees with SIX members in each (except audit which is 5) for 10 directors at the time - they needed to add ANYONE because they were exhausted from so many committee meetingsRich Stoddart DRMember of Nom/CG (also Audit, “Innovation”, and “Social Responsibility”)Was CEO of Leo Burnett - advertising agency that handled massive portion of Nestle USA advertising. Presley was CEO of Nestle USA.Callaway Golf CEO met with backlash over apology for Good Good video depicting abuseThe ad: In the footage, Good Good personality Garrett Clark charges at Alexis Miestowski, knocks her onto the grass, then stands over her and says, "Do not touch my new driver."The company issued a statement on Friday, but CEO Chip Brewer did a social media post this morning stating: "That approval should never have happened. Mistakes were made, and we are taking the matter very seriously. I want to make it clear that we sincerely apologize for the video." He did not apologize to women.WHO DO YOU BLAME?EVP and President of Callaway Golf Glenn Hickey who leads sales and marketing, whose prior work includes being a bond trader and getting a business degree from San Diego State, but was absent for the “don't shove a woman in an ad” lesson (possibly)Good Good and its CEO Matt Kendrick who made the ad for Callaway and posted, “Interesting that @CallawayGolf asks us to make an ad then approves it then asks us to take the fall then drops us in a coordinated media blitz and covers it up by giving a million dollars away thinking everyone will be ok with it. 30 for 39 will be legendary.” He also apologized. But clearly more annoyed at Callaway than, you know, sorry for women?The women on the board and the management team - they should have caught this before it got out! Oh, what? There's TWO women on the board (one auditor who is ex-Boeing, a company with no challenges, and the other a Chief People Officer at a food company) and ONE woman in management (Chief People Officer)? None of whom would have seen the ad??? Oops.Tom Dundon - who, according to the Callaway 2026 Proxy Statement, has been a director since “not applicable” - but does own more than 10% of the stock and has 56% influence over the company according to Free Float data MM

On this week's episod of the Shareholders the guys discuss current events, the Woke Report with Junior, the stock, answer the Chimney Oaks Golf Club Mailbag from the Middle, and give out their picks for the Happy Hedge!

Residential and retirement property developer Winton Land has been suspended from the NZX after a board exodus. Three directors have resigned after founder Chris Meehan quit as CEO in July - among them, former Finance Minister Steven Joyce. Shareholders Association head, Oliver Mander, says losing independent directors meant the business no longer met requirements for being listed on the exchange. "It's definitely not a technicality, it's a pretty core principle for a publicly listed company that exists on the exchange - there should be appropriate representation there." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Residential and retirement property developer Winton Land has been suspended from the NZX after a board exodus. Three directors have resigned after founder Chris Meehan quit as CEO in July - among them, former Finance Minister Steven Joyce. Shareholders Association head, Oliver Mander, says losing independent directors meant the business no longer met requirements for being listed on the exchange. "It's definitely not a technicality, it's a pretty core principle for a publicly listed company that exists on the exchange - there should be appropriate representation there." LISTEN ABOVESee omnystudio.com/listener for privacy information.

On this week's episode of the Shareholders the guys discuss current events, the Woke report with Junior, the stock, and give out some futures for the Happy Hedge!

ESG investing promises to align your portfolio with your values. But an important question remains: Whose values are shaping the standards? Environmental, social, and governance ratings are often presented as measures of corporate responsibility. Yet the assumptions behind those ratings may not always align with biblical convictions. Nick Schmitz, Professor of Finance at The Catholic University of America and a Board Member of the Christian Investing Council (CIC), joined the show today to explain the differences between ESG and faith-based investing—and why Christians should pay attention not only to what they own, but also to how their shares are voted. ESG and Faith-Based Investing Start in Different Places ESG stands for environmental, social, and governance. ESG ratings attempt to evaluate companies based on their performance in each of those areas. But Schmitz points out that ESG standards are developed by secular ratings agencies and can shift with cultural and political trends. Faith-based investing starts somewhere different: with convictions rooted in biblical truth. That distinction matters because a company may receive strong ESG ratings while supporting practices that conflict with a Christian investor's beliefs about issues such as the sanctity of human life, religious liberty, family, or human dignity. There may certainly be areas of overlap. Christians care about justice, responsible stewardship, fair treatment of employees, and care for creation. But agreement on certain issues does not mean the underlying moral frameworks are the same. Faith-based investing asks a deeper question: Does the way this company operates—and the way my ownership stake is used—reflect the convictions I am seeking to live by? Your Shares Come With a Voice One area investors may overlook is proxy voting. Owning shares in a publicly traded company generally gives investors the opportunity to vote on certain corporate matters. But individual investors rarely cast those votes themselves. Instead, asset managers often rely on large proxy advisory firms to provide recommendations or process votes on their behalf. That means Christians may unknowingly own investments whose shares are being voted in ways that conflict with their beliefs. Schmitz offered an example involving shareholder proposals related to Google and crisis pregnancy centers. Some proposals sought changes in how those organizations appeared in search results and were characterized positively within ESG-oriented frameworks. Faith-based investors, however, could reach a very different conclusion because of their convictions regarding the unborn and the work of pro-life ministries. For Christian investors, then, screening a portfolio may be only part of the stewardship equation. How shares are voted can matter too. Moving Beyond Passive Ownership Schmitz has been involved in developing proxy-voting policies designed to better reflect Catholic investment principles. The effort grew from concern that existing guidelines did not always reflect the convictions they claimed to represent. The broader lesson applies to Christian investors of many traditions: we do not necessarily have to outsource our influence without asking questions. Faith-based investing can involve both screening and engagement. Screening considers whether a company's products, services, or practices conflict with an investor's convictions. Engagement asks whether shareholders can encourage companies toward practices that better promote human flourishing. That makes faith-based investing more than a list of companies or industries to avoid. Shareholders can also use their ownership to advocate for positive change. Christians Can Care About Creation Without Agreeing on Every Policy The “E” in ESG stands for environmental, which sometimes creates the impression that faith-based investors give little attention to environmental stewardship. Schmitz argues that this does not have to be the case. Christians may disagree about exactly how environmental concerns should be addressed, but waste, pollution, and responsible care for creation are legitimate stewardship concerns. Investors can support companies working to reduce genuine environmental harm while also considering the economic consequences of particular policies, especially for workers and lower-income communities. The difference is that Christians can recognize room for prudential disagreement. Biblical stewardship gives us principles to guide our thinking, but believers may reach different conclusions about the best policies or business practices to address a particular environmental concern. That calls for humility, wisdom, and careful discernment rather than assuming every issue has a one-size-fits-all solution. Look for Managers With “Skin in the Game” Schmitz also encouraged investors to consider whether the people managing their money have what author Nassim Nicholas Taleb famously called “skin in the game.” When Schmitz worked as a fund manager, for example, he invested his own capital alongside the investors whose money he managed. That kind of alignment can matter. A manager who shares both the potential rewards and the downside risk has an added incentive to exercise discipline and think long-term. For Christian investors, alignment can go even deeper. Do the people managing your investments understand your convictions? Do their investment policies reflect them? Are they transparent about how companies are screened, how proxies are voted, and how shareholder engagement is conducted? Christian investors should not assume that an investment is biblically aligned simply because it carries a faith-related label. Transparency matters. Common Misconceptions About Faith-Based Investing Schmitz highlighted several misconceptions investors should reconsider. First, ESG is not morally neutral. Like every investment framework, it rests on assumptions about what is good, responsible, and worth promoting. Second, faith-based investing is not merely negative screening. Christian investors can encourage good corporate behavior through shareholder engagement, proxy voting, and collaboration with other investors. Third, bringing Christian convictions into investing is not an inappropriate intrusion of faith into an otherwise neutral marketplace. Every investor brings values into financial decisions in some form. Christians should not feel compelled to leave deeply held beliefs outside the investment process. Finally, individual investors are not necessarily powerless. Shareholders can work together, support resolutions, engage company leadership, and influence how large asset managers vote. The question is whether Christians will use that influence intentionally. Questions to Ask About Your Investments If you want to know whether your investments reflect your convictions, start by asking questions. If you work with a financial advisor or investment manager, ask how your investments are screened and how proxy votes are handled. If most of your retirement savings are held through an employer-sponsored plan, ask your plan provider what proxy-voting policies apply to the funds you own. You can also examine Christian mutual funds and exchange-traded funds that publicly disclose their screening standards, voting policies, and shareholder-engagement practices. The goal is not perfection. Investing in a complex economy will always require wisdom and discernment. But greater transparency can help investors make more informed stewardship decisions. Keep Your Investment Horizon Eternal Schmitz closed with advice he regularly shares with young people entering finance: Character matters more than credentials. Work ethic, courage, and integrity can open doors over the course of a career, but ambition must remain submitted to something greater than personal achievement. For the Christian, that means keeping Christ at the center. Financial markets reward investors who are willing to think beyond the next quarter or the next headline. Christians have an even longer horizon. We make financial decisions knowing that earthly returns are temporary and faithfulness to Christ has eternal significance. That perspective changes the way we think about investing. We are not merely asking, “What return can this investment produce?” We are also asking, “What am I supporting with the resources God has entrusted to me?” Faith-based investing is ultimately another opportunity to practice faithful stewardship—seeking to align our financial decisions with our convictions while remembering that our ultimate treasure is not found in any portfolio, but in Christ. On Today's Program, Rob Answers Listener Questions: I'm an elementary teacher looking to supplement my income, and I recently earned my life and health insurance license. A friend invited me to join WFG. Is that a good option for part-time work, or are there better ways to use the license? I opened a savings account after receiving a promotion offering a cash bonus if I deposited funds and left them there for 90 days. I met those requirements, but now the bank says I failed to enroll in the promotion, even though the invitation didn't mention that step. What should I do to dispute this? Resources Mentioned: Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner) Christian Investing Council (CIC) Consumer Financial Protection Bureau (CFPB) FaithFi Field Guide: How Much Money is Enough?  Our Ultimate Treasure: A 21-Day Journey to Faithful Stewardship by Rob West Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety Rich Toward God: A Study on the Parable of the Rich Fool Find a Certified Kingdom Advisor® (CKA) FaithFi App Remember, you can call in to ask your questions every weekday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

On this week's episode the guys discuss current events, the Woke Report with Junior, the stock, and answer the Mailbag from the Middle!

Listen to an audio version of Brookfield's Second Quarter 2026 Letter to Shareholders to learn about the firm's progress across its Alternative Asset Management, Wealth Solutions, and operating businesses.Please read this disclaimer (https://www.brookfield.com/podcast-disclaimer) before listening.

Economics and Public Affairs Editor, David Muprhy explains the implications of the upcoming meeting between PTSB and its potential new owner, Austrian group Bawag.

Lance Allan on The Miz, Packers' Shareholders Meeting, and more by 102.9 The Hog

The Packers held their annual shareholders meeting yesterday and new team president Ed Policy had some thoughts about the financial ground the team is on.See omnystudio.com/listener for privacy information.

On this week's episode of the Shareholders the guys discuss current events, the Woke Report with Junior, the stock, and answer the Chimney Oaks Mailbag from the Middle!

In the early 2000s, Disney was on the brink of collapse. Shareholders were revolting. Morale was at an all-time low. The board finally forced out longtime CEO Michael Eisner. Here's what makes that story fascinating. Eisner's first decade was historic. His last was abysmal. Same man. Same company. So what changed? Disney grew. Eisner never grew with it. Every decision, every ride, every film had to run through his micromanaging leadership. That style worked when the company was smaller. It was destroying them two decades later. Enter Bob Iger. In his memoir, The Ride of a Lifetime, Iger describes building his entire vision around three clear priorities. That vision transformed the company. Iger understood something Eisner never did: what got Disney here wouldn't get Disney there. They didn't need an updated Mickey. They needed an updated method. Churches face the same tension. By God's grace, our church is growing. But the win isn't a bigger crowd. It's deeper formation. People embracing the practices of Jesus. Generational patterns changing. Men and women stepping into their calling. And that kind of growth forces an honest question: can the methods that got us here faithfully take us there? Part of the fear around growth is legitimate. Growth can veer into vanity. A pastor gets an ego, a church chases numbers, the mission gets lost. That danger is real and worth guarding against. But there's another challenge we don't talk about nearly as often. Growth creates complexity. More people means more stories, more needs, more questions. It's like moving from two kids to three. You go from man-on-man to zone defense. So how does a growing church organize itself around spiritual formation? Paul answers that exact question in Ephesians 4. Serving Grace Everything hangs on one sentence: “Grace was given to each one of us” (Ephesians 4:7). In the first half of Ephesians, Paul celebrates saving grace. That's what most of us think of when we see the word. Without it, we're separated from God. It comes by His mercy, not our merit. But here, Paul shifts to serving grace. Saving grace gives us a place in God's family. Serving grace gives us a purpose in God's family. We aren't just recipients of grace. We become participants in it. And who receives this serving grace? Each one of us. Not the professionals. Not just the staff. Every follower of the Way. Paul even quotes Psalm 68 with a twist. The original says the King received gifts from people. Paul writes that Jesus gave gifts to people. This King isn't just here to receive. He's so generous, He distributes His ministry through His whole Body. Five Ways Of Seeing Then Paul does something surprising. Instead of listing abilities, he lists people: apostles, prophets, evangelists, pastors, and teachers. Notice this isn't a list of the ministers. It's a list of the equippers. The leaders equip. The saints minister. Without that understanding, churches make attenders, not disciples. Here's one way to grasp these five gifts. They can all walk into the same church, look at the same people, and notice something different. The apostle says we need to build and multiply. The prophet says we need to hear from God and pursue holiness. The evangelist says we need to reach the lost. The pastor says we need to care for and protect people. The teacher says we need to understand and live God's truth. None of them are wrong. Each sees a different part of what the Body needs. The problem comes when we assume what we see is all there is to see. The prophet needs the shepherd. The evangelist needs the teacher. We need each other because the Church needs all of Jesus. Your Next Step This is why we've built a Discipleship Pathway around teaching, community, and practice. It's not a shift away from anything. It's a step further in. The goal is simple: deepen your discipleship and develop your gift for the Body. You can't choose your gift. You discern it. Through prayer, practice, and community, you discover where God has empowered you to serve others. So here's the question worth praying over: what's your next step on the pathway? Formation doesn't run through a handful of people at the top. Grace was given to each one of us. Including you.

What Got Us Here Won't Get Us ThereIn the early 2000s, Disney was on the brink of collapse. Shareholders were revolting. Morale was at an all-time low. The board finally forced out longtime CEO Michael Eisner.Here's what makes that story fascinating. Eisner's first decade was historic. His last was abysmal. Same man. Same company. So what changed?Disney grew. Eisner never grew with it. Every decision, every ride, every film had to run through his micromanaging leadership. That style worked when the company was smaller. It was destroying them two decades later.Enter Bob Iger. In his memoir, The Ride of a Lifetime, Iger describes building his entire vision around three clear priorities. That vision transformed the company. Iger understood something Eisner never did: what got Disney here wouldn't get Disney there. They didn't need an updated Mickey. They needed an updated method.Churches face the same tension.By God's grace, our church is growing. But the win isn't a bigger crowd. It's deeper formation. People embracing the practices of Jesus. Generational patterns changing. Men and women stepping into their calling.And that kind of growth forces an honest question: can the methods that got us here faithfully take us there?Part of the fear around growth is legitimate. Growth can veer into vanity. A pastor gets an ego, a church chases numbers, the mission gets lost. That danger is real and worth guarding against.But there's another challenge we don't talk about nearly as often. Growth creates complexity. More people means more stories, more needs, more questions. It's like moving from two kids to three. You go from man-on-man to zone defense.So how does a growing church organize itself around spiritual formation? Paul answers that exact question in Ephesians 4.Serving GraceEverything hangs on one sentence: “Grace was given to each one of us” (Ephesians 4:7).In the first half of Ephesians, Paul celebrates saving grace. That's what most of us think of when we see the word. Without it, we're separated from God. It comes by His mercy, not our merit.But here, Paul shifts to serving grace. Saving grace gives us a place in God's family. Serving grace gives us a purpose in God's family. We aren't just recipients of grace. We become participants in it.And who receives this serving grace? Each one of us. Not the professionals. Not just the staff. Every follower of the Way.Paul even quotes Psalm 68 with a twist. The original says the King received gifts from people. Paul writes that Jesus gave gifts to people. This King isn't just here to receive. He's so generous, He distributes His ministry through His whole Body.Five Ways Of SeeingThen Paul does something surprising. Instead of listing abilities, he lists people: apostles, prophets, evangelists, pastors, and teachers.Notice this isn't a list of the ministers. It's a list of the equippers. The leaders equip. The saints minister. Without that understanding, churches make attenders, not disciples.Here's one way to grasp these five gifts. They can all walk into the same church, look at the same people, and notice something different. The apostle says we need to build and multiply. The prophet says we need to hear from God and pursue holiness. The evangelist says we need to reach the lost. The pastor says we need to care for and protect people. The teacher says we need to understand and live God's truth.None of them are wrong. Each sees a different part of what the Body needs. The problem comes when we assume what we see is all there is to see. The prophet needs the shepherd. The evangelist needs the teacher. We need each other because the Church needs all of Jesus.Your Next StepThis is why we've built a Discipleship Pathway around teaching, community, and practice. It's not a shift away from anything. It's a step further in. The goal is simple: deepen your discipleship and develop your gift for the Body.You can't choose your gift. You discern it. Through prayer, practice, and community, you discover where God has empowered you to serve others.So here's the question worth praying over: what's your next step on the pathway? Formation doesn't run through a handful of people at the top. Grace was given to each one of us. Including you.

We know how companies make money - they keep their costs lower than their revenues. But that doesn’t mean shareholders necessarily get wealthier. Scott and Andrew chat about the different ways companies can create wealth for shareholders, including reinvestment, acquisitions, dividends and buybacks.See omnystudio.com/listener for privacy information.

How should co-founders divide equity - and what happens to those shares if one person leaves?In Part 1 of my conversation with Phil Hails-Smith, Managing Partner at Joelson,  we unpack the ownership decisions that founders building consumer and CPG brands need to make long before an investment round or exit. (This conversation was soo jam-packed with value that we had to split it in to two!)Joelson B Corp is the leading commercial law firm specialising in helping founders of scaling consumer brands. The're the law firm that advised the innocent founders on their landmark sale to Coca-Cola (and still work with them at JamJar Investments today, which tells you something...). They also work with brands like Little Moons, Trip, Eat Natural, Bear Graze and Pulsin, and are always present at every industry event, chatting to everyone, with smiling faces and ready to help. In this episode, Phil shares practical benchmarks rather than vague principles: why a 50:50 co-founder split is relatively unusual, when 60:40 or 70:30 may be more appropriate, how vesting can prevent dead equity, and why both founders may need to be subject to the same provisions. We also explore all the questions you might have around advisor equity, employee option pools, EMI options and the hidden dilution founders can absorb when investors negotiate on a fully diluted basis.What You'll LearnHow to decide between a 50:50, 60:40 or 70:30 co-founder split.Why founder shares may need to vest over three or four years.What “dead equity” means and why future investors dislike it.How much equity an advisor or instrumental early employee might receive.How employee option pools can dilute the founding team during a fundraise.Key Topics DiscussedAssessing each founder's original idea, commitment and financial riskWhy equal equity is not always the fairest structurePlanning for illness, parental leave or a founder leaving the companyGood-leaver and bad-leaver provisionsFounder vesting schedulesPreventing dead equityWhy vesting should generally be balanced between co-foundersUsing AI to create co-founder agreementsWhy AI cannot identify questions founders do not know to askThe risk of US legal assumptions appearing in UK agreementsTypical advisor equity of approximately 1% to 2.5%Why 5% or 7.5% may be excessive for an advisorFounder control at 75%, 50% and 30% ownershipCreating a 15% to 20% employee option poolUnderstanding fully diluted valuationsWho absorbs option-pool dilution during an investment roundEMI options and tax-efficient employee incentivesGiving meaningful equity to instrumental early employeesUseful linkshttps://joelsonlaw.com/https://www.linkedin.com/company/joelson-law/Like this episode?PLEASE share the love by sharing it with another founder building a challenger brand, a colleague or a mate who loves brilliant non-alcoholic drinks, or anyone trying to work out how to build a sharper, more focused growth model.Don't forget to FOLLOW or SUBSCRIBE to Brand Growth Heroes on your favourite podcast app, and even LEAVE A REVIEW - both of these actions make a MASSIVE difference to our mission to help more founders just like you.Join our communityInstagram (https://www.instagram.com/brandgrowthheroes)LinkedIn (https://www.linkedin.com/company/brand-growth-heroes/?viewAsMember=true)Youtube (https://www.youtube.com/brandgrowthheroes)Find out more about the programmes and courses Fiona runs here (https://www.brandgrowthheroes.com/mini-mba-2026)Join the NextGen CPG WhatsApp group for founders leaning in to the value that a leadership approach to engaging with AI can unlock for businesses like yours.*** Thanks to Brand Growth Heroes' podcast sponsor  - Joelson, the commercial law firm ***Scaling CPG business also brings legal complexities that can make or break your growth journey - from contracts and regulatory compliance to protecting your intellectual property - that's why we're proud to partner with Joelson, the leading commercial law firm specialising in helping founders of scaling consumer brands.Joelson is offering a FREE LEGAL CONSULTATION to all BGH listeners (mailto:hello@joelsonlaw.com) - we highly recommend you take them up on it!CreditsThanks to our Sound Engineer Gyp Buggane at Ballagroove.com and the entire BGH team

On this week's episode the guys discuss current evemts, the Woke Report with Junior, the stock, and answer the Chimney Oaks Golf Club Mailbag from the Middle!

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week's episode, we discuss Tesla shareholders potentially starting to wake up, Xpeng targeting the European market, VW going cheaper with its EVs, and more.

The Black Variant returns to talk The Batman - Part II camera test + latest delay. Plus - 12 States, Writers Guild of America, and Shareholders all sue to block the Warner Bros/Paramount takeover, the Death of Magneto in X-Men '97, Rhaenyra takes the throne in House of the Dragon, and more this week on The Black Variant. Tap In!Subscribe to Patreon: https://www.patreon.com/theblackvariantrncFollow The Black Variant on Twitter: twitter.com/BlackVariantRNCFollow Van: twitter.com/1017VanFollow X: twitter.com/XTheExiledFollow Syd: twitter.com/SydSlidePark

If you own a salon company by yourself or even with a partner, it can be lonely at the top. Every major decision comes down to you, including how to exit the company when you're ready to retire or take a different path. Plus, you probably have valuable employees looking for ways to grow and considering striking out on their own. Shareholder programs can be a beautiful way to share risk and decision making, retain talent, and grow the next generation of salon owners. And while they're an established part of Summit systems, they're still relatively rare in the salon industry, and we get lots of questions about them.  Our own host Blake Reed Evans is a shareholder and service provider in a large group at Shear Art Salon in Tampa, Florida. Guest Lisa Lipani is the founder and CEO of Carl Michael Salon, with locations in Danvers and North Reading, Massachusetts, and a Summit Salon coach. Lisa opened the company in 2006, and now runs it as part of a shareholder group of six.  In this episode, Lisa and Blake answer questions including:  Are shareholders owners? Why start a shareholder program and how do you know when it's the right time? What characteristics in a staff member make for a good potential shareholder? How do you train and oboard new shareholders? How do shareholders make difficult decisions in a salon company? What mistakes have other salon owners made along the way? More questions? Get in touch with Lisa Lipani at llipani@summitsalon.com.    Follow Summit Salon Business Center on Instagram @SummitSalon, and on TikTok at SummitSalon. SUMM IT UP is now on YouTube! Watch extended cuts of our interviews at www.youtube.com/@summitunlockedFind host Blake Reed Evans on Instagram @BlakeReedEvans and on TikTok at blakereedevans. His DM's are always open! You can email Blake at bevans@summitsalon.com. Visit us at SummitSalon.com to connect with others in the industry. SUMM IT UP is produced and edited by Andrea Muraskin. The executive producer is Tim Fisk.

Small Cap Breaking News You Can't Miss!Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:Nextech3D.ai (CSE: NTAR) (OTCQB: NEXCF) (FSE: EP2)Nextech3D.ai launched KraftyLab Intelligence, an AI-powered workforce intelligence and employee engagement platform, and has begun an enterprise pilot program with select organizations. The company is targeting a workforce engagement software market projected to reach roughly 4.47 billion dollars by 2034, with commercialization planned for the third quarter of 2026. For investors, it marks an expansion beyond its existing enterprise customer base into a fast-growing software category.Power Metallic Mines Inc. (TSXV: PNPN) (OTCBB: PNPNF) (FSE: IVV1)Power Metallic reported new Lion zone drill results, including 36.42 metres of 2.83 percent copper-equivalent, with a high-grade core of 6.00 metres at 12.38 percent copper-equivalent. These assays complete the drilling that feeds the company's maiden Mineral Resource Estimate, expected at the end of July, which will underpin a Preliminary Economic Assessment. Shareholders also approved measures positioning the company for a potential U.S. national exchange listing.NevGold Corp. (TSXV: NAU) (OTCQX: NAUFF) (FSE: 5E50)NevGold delivered its maiden gold-antimony resource at the Limo Butte project in Nevada, outlining 29,600 tonnes of measured and indicated antimony plus 181,400 ounces of measured and indicated gold and roughly 1.2 million ounces of inferred gold. Management positions it as one of the largest strategic antimony-gold resources in the United States, with both metals starting at surface. A 20,000 metre drill program is underway to expand the resource in 2026.Aztec Minerals Corp. (TSXV: AZT) (OTCQB: AZZTF)Aztec drilled 155.4 metres averaging 1.63 grams per tonne gold-equivalent (1.08 g/t gold and 30.23 g/t silver) at its Tombstone project in Arizona, within a broader 198.1 metre intersection from surface. The results extend the oxide gold-silver zone more than 85 metres deeper, more than doubling the previously demonstrated depth in that part of the Contention area. The near-surface, bulk-tonnage mineralization remains open in all directions.Salazar Resources Limited (TSXV: SRL) (OTCQB: SRLZF) (FSE: CCG)Salazar reported a sharply higher after-tax net present value of 573 million dollars for the Curipamba-El Domo project in Ecuador, a 121 percent increase over the 2021 feasibility study, alongside a 45 percent after-tax internal rate of return. Construction is fully funded and first commercial concentrates are expected in mid-2027, with Salazar holding a fully carried 25 percent interest that requires no further development funding. Measured and indicated resources rose 27 percent and reserves grew 10 percent.Bottom Line: Today's headlines span AI-driven workforce software, high-grade polymetallic and gold-silver drilling, a strategic U.S. antimony-gold resource, and a major project economics upgrade, underscoring that small caps are delivering real results across both technology and critical minerals.Stay ahead of the market — follow AGORACOM for more breaking small-cap news and insights.

On this week's episode of the Shareholders the guys discuss current events, the Woke Report with Junior, the stock, and take the Chimney Oaks Golf Club Mailbag from the MIddle!

Happy 250th! The bulls are bubbling up! Yentervention – it is a thing. Labor market predictions. PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? PayPal.Donation.Button({ env:'production', hosted_button_id:'JJJHP2GDEJC7J', image: { src:'https://www.paypalobjects.com/en_US/i/btn/btn_donateCC_LG.gif', alt:'Donate with PayPal button', title:'PayPal - The safer, easier way to pay online!', } }).render('#donate-button'); Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - 250 Years! - We have the scorecard - Bulls are on the loose! - Kevin Hassett - what a putz - RAM JOB! Markets - Google's first day in the DJIA - a good one - SpaceX bonds already losing -Yen slips to 1986 levels - Yentervention? WHAT A PUTZ! - Trump Accounts launch July 4, with the NYSE and Nasdaq set to ring the opening bell from the Oval Office. - Program gives a $1,000 Treasury-funded investment account to U.S. children born from January 1, 2025 through December 31, 2028. - Kids under 18 can have accounts, but only newborns in that four-year window get the federal seed money. - Parents, family, employers, nonprofits, and governments can add money, with a general $5,000 annual contribution cap. - Money is invested in index funds and generally locked up until the child reaches adulthood. - Kevin Hassett pitched it as a way to teach kids about markets, ownership, saving, and compounding. His argument is that the more young people get exposed to investing early, and market ownership becomes less of an upper-income club. - However - > the government is handing out taxpayer-funded brokerage seed money while selling it as capitalism. - Also odd: the benefit may skew toward families who already know how to file forms, open accounts, and add more money. - So basically it is a forced financial-literacy experiment wrapped in a political brand name, with a socialist starter check to teach capitalism. First-Half Winners and Losers - S&P 500 finished the first half up roughly 7% to 8%, with the rally led by AI hardware, chips, memory, and data-center infrastructure. - Biggest winners were the shovel sellers: Sandisk up about 780%, Micron up about 296%, Western Digital up about 240%, Seagate up about 226%. - Overseas AI hardware ripped too: South Korea's Kospi up 123%, helped by Samsung up 169% and SK Hynix up 303%. - Semiconductor ETFs had a monster Q2: iShares Semiconductor ETF up 86.8%, VanEck Semiconductor ETF up 64.8%. - Japan's Nikkei rose about 38%; FTSE 100 gained about 5.8%. - Losers were the software/platform names that could not prove immediate AI payoff. - Microsoft was down about 24% despite being one of the biggest AI spenders. - Momentum stocks had one of their worst stretches in two decades as the Magnificent Seven slipped on capex worries. - Crypto and gold also lagged the AI-infrastructure trade. - Equity BULLS are running like it was San Fermin, Spain... MORE.... - Gold biggest quarterly loss since 2013 - Japan best quarter ever - Oil starts and ends - Kospi best quarter in 30 years - Stoxx 600 best Q in 5 years Something is going to break! - When Micro announced earnings, and we see that companies are panicking (News about existential threat to smaller tech players).. We said something is going to break - MU shares lifted to ATH on the news - big big beat - Micron's latest quarter showed a dramatic acceleration from the year-ago period, with revenue rising from $9,301 to $41,460 and EPS increasing from $1.91 to $25.11. - HUGE uptick in guidance - Apple increased pricing, Dell is increasing prices next week (17%), Microsoft raised price on XBox, HP across the board increase, Lenovo/Xiaomi increases, - NOW: Apple is lobbying the Trump administration for clearance to buy memory chips from China's ChangXin Memory Technologies Korea Goes All-In On AI Memory - Samsung and SK Hynix are backing a huge South Korea chip buildout tied to AI memory, HBM, advanced DRAM, packaging and data centers. - Samsung's plan includes hundreds of trillions of won for new fabs, including HBM facilities in Cheonan and Onyang. - SK Hynix is expanding Yongin and planning a major new chip base as it rides demand from Nvidia-linked HBM supply. - Government angle: Seoul wants domestic chip capacity treated like national infrastructure, not just corporate capex. - The state is trying to lock in supply-chain control before China, Taiwan, Japan and the U.S. pull more production into their own subsidy zones. - Market wrinkle: AI memory is hot now, but memory companies have a long history of overbuilding into strong pricing cycles. - Governments are no longer just subsidizing chips — they are helping plan semiconductor cities. RAM Job? - Samsung, SK hynix, and Micron were hit with a U.S. antitrust class-action lawsuit over alleged DRAM price fixing. - Allegation: the big three coordinated supply cuts while shifting capacity away from regular DDR3/DDR4 memory and into high-bandwidth memory for AI servers. - Plaintiffs say the three companies control roughly 90% of the DRAM market. - Conventional DRAM prices allegedly jumped about 700% over four years. - Complaint argues that in a normal commodity market, at least one supplier would usually increase production when prices spike. - Instead, the lawsuit says all three moved in the same direction at the same time. DRAM: We Have Seen This Movie Before - Yes, there was a similar DRAM price-fixing scandal in the 2000s. - DOJ investigation covered alleged DRAM price fixing from roughly 1998 through 2002. - Hynix pleaded guilty in 2005 and agreed to pay a $185 million criminal fine. - Samsung pleaded guilty in 2005 and agreed to pay a $300 million criminal fine. - Infineon pleaded guilty earlier, in 2004, and agreed to pay a $160 million fine. - Micron was involved in the investigation but received amnesty/cooperation treatment rather than the same criminal fine path. - Several executives were also charged or pleaded guilty. - State AGs and private plaintiffs later pursued civil cases tied to overpayment claims. - Difference now: the new case is not yet proven and appears focused on alleged coordinated supply restriction during the AI/HBM boom. Chevron and Microsoft - Chevron Corp signed 20-year deal with Microsoft for data center power. - Agreement supplies natural-gas fired generation for massive West Texas facility. - Project Kilby expected online 2028, ramping to 2.67 gigawatts. - Full output enough to power more than 530,000 Texas homes. - Chevron partnering Engine No. 1, final investment decision planned later. - Deal follows prior reports of exclusive long-term power negotiations. More Oil News - Drill baby Drill - Interior Department cutting federal drilling bonds by 95% to spur exploration. - Required bond drops from $500,000 to $25,000 for leases. - Bonds ensure cleanup costs don't fall on taxpayers if wells abandoned. - Policy change aims to encourage more oil and gas development. - Proposal subject to 60-day public comment after Federal Register publication. Dow 52,000 and the Tech Bounce - Dow closed above 52,000 for the first time Monday, finishing at 52,182.74. - S&P 500 gained 1.18%; Nasdaq jumped 2.07%. - S&P and Nasdaq snapped five-session losing streaks. - Alphabet rose 4.8% on its first day as a Dow component. - Tesla gained 8.5%; SpaceX rose more than 7%. - The bounce came after last week's tech selloff, with investors rotating back into mega-cap and AI names. Comcast Breaks Itself Up - Comcast plans to split media and connectivity into two separate companies. - NBCUniversal and Sky would be spun off in a tax-free deal; Comcast keeps broadband, wireless, and cable. - Completion expected within a year. - Shareholders would own both Comcast and the new NBCUniversal. - Comcast shares rose on the news; Charter also jumped as investors speculated Comcast could eventually pursue a broadband-scale deal. AI Trade Gets a Warning Label - Bank for International Settlements flagged the AI boom as a financial-stability risk. - The main concerns: elevated valuations, investor complacency, complex funding structures, and debt financing across the AI supply chain. - BIS also warned that record public debt and leveraged hedge-fund activity in sovereign bonds could amplify shocks. - Quote from BIS General Manager Pablo Hernandez de Cos: "Policy actions must reinforce each other." - The interesting part: central bankers are not saying AI is fake; they are saying the financing stack may be fragile. Inflation Back Above 4% - BEA's PCE price index rose 4.1% year over year in May. - April was 3.8%; March was 3.5%; February was 2.9%. - This keeps pressure on the Fed because PCE is the Fed's preferred inflation gauge. - Core PCE may later be revised lower because of BEA methodology changes. - Goldman estimated May core PCE could be trimmed to 3.2% from 3.4%; JPMorgan expected 3.3%. - Funny-but-real detail: part of the potential revision comes from how BEA prices portfolio management, legal services, and computer software. Jobs Report Becomes Bad-News-Is-Bad-News - June payrolls are due Thursday because markets are closed Friday for Independence Day. - The setup is awkward: strong jobs could mean stronger economy, but also higher odds of Fed hikes. - Looking back - May payrolls were hot at 172,000 versus an 85,000 forecast, with unemployment steady at 4.3%. - Remember - after the June Fed meeting, policymakers were clearly focused on inflation, not rescue cuts. Oil, Iran, and the Market's New Weird Routine - Oil stayed volatile around renewed U.S.-Iran tensions and peace-talk headlines. - Brent rose 1.6% Monday to $73.15; WTI rose 2.2% to $70.75. - Markets rallied anyway, helped by signs talks would resume and shipping routes were stabilizing. - The odd market behavior: geopolitical escalation keeps getting followed by de-escalation headlines and risk-on rallies. - This is now part of the trading pattern: weekend war scare, Monday relief rally, repeat. --- New attacks by USA on Iran happened at approx 4:30PM on Friday (markets closed) and then a halt to the fighting on Sunday - before the futures opened. Odd : Wendy's Becomes a Meme Stock - Wendy's became the latest retail-trader short-squeeze target. - Stock surged 25% last Wednesday, then gained another 9% Thursday. - Barron's said the move followed a CFO shakeup and WallStreetBets attention. - New CFO Steve Cirulis came from Potbelly and is also taking the Chief Strategy Officer title. - Wendy's had fallen 47% over the past year before the rally. - Short interest was nearly 30% of the public float, making the stock easier to squeeze. - Trian, Nelson Peltz's firm, owned nearly 15 million shares valued around $93 million. SpaceX Bonds Slip After Big Debut - SpaceX sold $25 billion of investment-grade bonds, its first major public debt deal. - Demand was huge, with roughly $85 billion to $98 billion of orders. - The 10-year tranche priced about 1.4 percentage points over Treasurys. - Bonds weakened quickly after pricing. - The 10-year yield rose near 6%, with the spread moving above 1.6 percentage points. - Longer-dated 2046 and 2056 bonds took the most pressure. - The pushback: bond buyers want more yield for a company still funding rockets, Starlink, AI/data-center spending, and Mars ambitions. - Clean read: equity investors bought the story; bond investors immediately marked it down. Yentervention - Yen weakened again, pushing toward the 162-per-dollar zone and near its weakest level in about 40 years. - Japan keeps warning it is ready for "decisive action" or to respond "at any time." - Market does not seem scared for long. - Japan already spent heavily defending the yen, including a roughly $73 billion yen-buying operation after the currency broke past 160. - U.S. rates are still high, the Fed is not rushing to cut, and the Bank of Japan is still moving slowly. - That keeps the carry trade alive: borrow cheap yen, buy higher-yielding dollars. - Japan's foreign reserves fell 5.6% in May after intervention, showing the defense is expensive.   Love the Show? Then how about a Donation? PayPal.Donation.Button({ env: 'production', hosted_button_id: 'JJJHP2GDEJC7J', image: { src: 'https://www.paypalobjects.com/en_US/i/btn/btn_donateCC_LG.gif', alt: 'Donate with PayPal button', title: 'PayPal - The safer, easier way to pay online!' } }).render('#donate-button-2'); THE CLOSEST TO THE PIN for SpaceX (SPCX) Winners will be getting great stuff like the new "OFFICIAL" DHUnplugged Shirt!     FED AND CRYPTO LIMERICKS   See this week's stock picks HERE Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter

On this week's episode of the Shareholders the guys discuss current events, the Woke Report with Junior, and talk about the stock!

This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from April 30 to May 28, 2026. Some of the topics addressed include: CII's letter to the PCAOB on its 2026-2030 strategic plan, shareholders voting against say-on-pay proposals, and the SEC's proposed reductions to public companies' reporting requirements.

On this week's episode of the Shareholders the guys discuss current events, like the state of Califorina still counting votes. The Woke Report with Junior, the stock, and take the Chimney Oaks Golf Club Mailbag from the Middle!

John Pollock and Brandon Thurston present a primer and breakdown of the WWE shareholder lawsuit, which goes to trial next week in the Delaware Court of Chancery. Plus: NXT's Great American Bash goes head-to-head with Forbidden Door, Nick Khan speaks at a SBJ conference, George Barrios has released a book, and there will be no more UFC pay-per-views in Canada next year. 00:00:00 Start00:03:29 WWE shareholder trial begins on Monday00:08:31 An overview of the entire lawsuit 01:04:55 Coverage of the trial next week01:08:18 NXT Great American airing against Forbidden Door01:13:11 Nick Khan on fan criticism, work advice 01:22:47 George Barrios discusses WWE's relationship with Saudi Arabia 01:32:25 UFC pay-per-views in Canada moving to Paramount+Music courtesy: “Panic Beat” by Ben TramerPOST WrestlingSubscribe: https://postwrestling.com/subscribePatreon: http://postwrestlingcafe.comForum: https://forum.postwrestling.comDiscord: https://discord.com/invite/Q795HhRTwitter/Facebook/Instagram/YouTube: @POSTwrestlingBluesky: https://bsky.app/profile/postwrestling.comWrestlenomicsSubscribe: https://wrestlenomics.com/podcast/Patreon: https://patreon.com/wrestlenomicsSubstack: https://wrestlenomics.substack.com/Twitter/Facebook/Instagram/YouTube: @WrestlenomicsBluesky: https://bsky.app/profile/wrestlenomics.comSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

John Pollock and Brandon Thurston present a primer and breakdown of the WWE shareholder lawsuit, which goes to trial next week in the Delaware Court of Chancery.VIDEO VERSION: https://www.youtube.com/watch?v=ZYxSRY_da5wPlus: NXT's Great American Bash goes head-to-head with Forbidden Door, Nick Khan speaks at a SBJ conference, George Barrios has released a book, and there will be no more UFC pay-per-views in Canada next year. Topics this week include:Explaining the WWE shareholder trial, which begins MondayShareholders seeking nine figures in damages NXT Great American Bash airing head-to-head with AEW Forbidden DoorNick Khan's SBJ-CAA interview George Barrios releases a new book, defends decision to go to Saudi Arabia UFC is moving its pay-per-view main cards to Paramount+ in Canada Music courtesy: “Panic Beat” by Ben TramerPOST WrestlingSubscribe: https://postwrestling.com/subscribePatreon: http://postwrestlingcafe.comForum: https://forum.postwrestling.comDiscord: https://discord.com/invite/Q795HhRTwitter/Facebook/Instagram/YouTube: @POSTwrestlingBluesky: https://bsky.app/profile/postwrestling.comWrestlenomicsSubscribe: https://wrestlenomics.com/podcast/Patreon: https://patreon.com/wrestlenomicsSubstack: https://wrestlenomics.substack.com/Twitter/Facebook/Instagram/YouTube: @WrestlenomicsBluesky: https://bsky.app/profile/wrestlenomics.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

On this week's episode of the Shareholders the guys discuss current events, the Woke Report with Junior, the stock, and take The chimney Oaks Golf Club mailbag from the Middle!

This week in Vegas history: June 4, 2020, Nevada casinos reopened after the COVID-19 shutdown.   After more than two months closed, casinos across Las Vegas began reopening, including properties on the Strip, downtown, and around the valley. The D and Golden Gate reopened at 12:01 a.m., while other properties followed later that day.  NEWS:   Fertitta Entertainment is buying Caesars Entertainment in a deal valued at $17.6 billion, including about $11.9 billion in assumed debt. The deal would take Caesars private. Shareholders would receive $31 per share, which Reuters describes as nearly a 50% premium to Caesars' stock price before the deal was first reported in February. Tilman Fertitta's company already owns Golden Nugget casinos, the Houston Rockets, and a large restaurant/hospitality portfolio, including brands like Rainforest Café and Bubba Gump Shrimp. Caesars has been under pressure from softer Las Vegas visitation and growing competition in online betting, where rivals like FanDuel and DraftKings are stronger. Caesars' current leadership is expected to stay, including CEO Tom Reeg and CFO Bret Yunker. The deal includes a “go-shop” period through July 11, meaning Caesars can still consider competing offers. If completed, the acquisition would give Fertitta a much larger casino footprint: Caesars controls more than 50 casinos across North America, including Caesars Palace, Harrah's, and Eldorado, plus retail and online sports betting. The article notes the deal could face regulatory scrutiny because of the size and scope of the combined gaming/hospitality business. Vital Vegas reports that a private grand opening party for the newly rebranded Vanderpump Hotel will be held on June 11.   The Heart Attack Grill closed abruptly on May 18. The property posted a passive aggressive rant on their door, stating that the closure was due to casinos pricing out average Americans.   EDC goes to two weekends next year The plan was billed as a way to reduce crowds by spreading them out over two weekends, lol The first of those weekends, “EDC Dusk,” will roll out from May 14-16. The second, “EDC Dawn,” is set for May 21-23, while the full “Dusk Till Dawn Experience” will party from May 13-24.    Johnny Kats is reporting that a new magic-based show “Now You See Me Live” will be moving into the David Copperfield theater at MGM Grand.   Soul Belly BBQ, has opened a new location in the Miracle Mile shops.   New Mirage bar at MGM Grand pool. A user on reddit posted photos of signs at the MGM Grand pool area, directing patrons to a new “Mirage Bar,” complete with the former strip property's iconic palm trees logo.  A look at the pool complex map on the MGM Grand website confirms the change. The site was formerly called the “Splash Bar” and is located between the “Splash Pool” and “Reserve Pool.” MGM Resorts has retained the rights to the Mirage name after selling the Mirage resort site to Hard Rock International.   Tailgate Social, Mandalay Bay's answer to Stadium Swim at Circa downtown, officially opened on May 16. Snoop Dogg performed at the opening The 50,000-square-foot venue features more than 125 feet of LED screens, three heated pools, 25 luxury cabanas, and two premium bungalows    The Clark County commission will be voting to extend the annual Las Vegas Grand Prix, potentially through 2037.   Nellie's Southern Kitchen Closing: The Jonas family restaurant near MGM Grand closed after May 25 service, reducing Southern comfort food options on the Strip.    Drink Las Vegas, a culinary and cocktail festival, will run from Sept. 24 through 27 at four MGM Resorts properties: Aria, Bellagio, The Cosmopolitan, Park MGM. “Drink Las Vegas” will incorporate an opening party, panels and seminars, food and cocktail tastings, lunches, dinners and other experiences at more than 30 venues inside the properties. The event recently announced the chefs, restaurateurs, mixologists, sommeliers and other hospitality professionals who are participating.    Virgin Hotels Las Vegas is reporting its strongest casino performance since reopening in 2021. The property has adjusted its focus to Las Vegas residents first-quarter 2026 data showed slot revenue up nearly 30 percent, coin-in up 10 percent, and table games revenue up 88 percent compared to the same period in 2025.    Tony: Vital Vegas reports the Luxor is getting a new atrium light show. No word on when the show will debut.   The Vegas Golden Knights swept the Colorado Avalanche in round 3 of the Stanley Cup Playoffs This is the third time the team has become the Western Conference champions in their 9-year history Though the Eastern Conference champions are still undecided at the time of recording, it's likely that the Golden Knights will face the Carolina Hurricanes in their bid for another Stanley Cup win.    Oceans 11 returning to theaters Ocean's Eleven is returning to theaters nationwide on June 21 and June 24, 2026, for a special 25th-anniversary re-release as part of Fathom Entertainment's Big Screen Classics series. The film is being screened in crisp 4K and features an exclusive introduction by film historian Leonard Maltin. Review: “The Jiggle Room” at Cheapshot on Fremont East Tickets are $20-$30 at thejiggleroom.com Vegas: Icons & Legends is available to purchase on amazon.com.    Neon Lounge Merch!   Where to find us: Keren: @360VegasKeren  Tony: @360VegasTony  Josh: @360VegasJaydubs Neon Lounge Socials: Discord (360 Vegas Server) Xitter Facebook YouTube Reddit neonloungepodcast@gmail.com (702) 900-7964

In this episode, we're joined by Eric Ries, creator of The Lean Startup, to discuss insights from his latest book, Incorruptible: Why Good Companies Go Bad… and How Great Companies Stay Great. Eric shares what inspired him to write the book and why we need to move beyond and redefine what true profit looks like. He shares the history behind businesses transitioning from serving public interests to shareholder primacy and why leaving behind a people-first business approach can actually reduce profitability. Additionally, Eric discusses financial gravity, the “harder is easier” principle, and how these practices connect to AI & current engineering leadership challenges.   ABOUT ERIC RIES Over the last two decades, Eric Ries's ideas about continuous innovation, long-term thinking, governance, and market reform have reshaped company building and management practices. He is the creator of the Lean Startup method, and the author of the New York Times bestseller The Lean Startup; The Leader's Guide; and The Startup Way. As a founder, he has put his own ideas into practice with The Long-Term Stock Exchange (LTSE); Answer.AI, an AI R&D lab; Virgil, a legal services startup; and IMVU. On The Eric Ries Show, he talks with world-class technologists, thought leaders, and executives building for the long-term. He lives in the San Francisco Bay Area with his wife and three children.   Unblocked: The context engine your coding agents are missing. Give your coding agents the context your best engineers have. Your agents can read code, but they don't know how your team works. Rules and MCPs give access to information but not understanding. That's why you still have to tell them where to look and what to look for. Unblocked gives your agents the history, conventions, and decisions behind your code so they generate mergeable output without the back and forth. It automatically surfaces the right context for every task, so agents stay on track without the set up tax or the correction loops. getunblocked.com/elc   SHOW NOTES: The inspiration behind Eric's new book Incorruptible (5:22) What it means to redefine profit (8:03) Understanding profit considerations like externality, ethics, and inputs (10:44) Why human life / value can never be an input factor of production (12:31) The history behind business practices benefitting the public (15:00) When businesses transitioned to shareholder primacy over public interest (17:16) Navigating the tension between mission vs. fiduciary responsibility (21:01) The role of financial gravity & shareholder primacy in the Silicon Valley bank story (25:04) Using Eric's book to build a mission-driven roadmap (29:12) How committing to a principled way of business can drive profitability (31:15) An example of the principle “harder is easier” (33:40) How this connects to AI & emerging eng leadership challenges (36:53)   LINKS AND RESOURCES Incorruptible: Why Good Companies Go Bad and How Great Companies Stay Great - Drawing on two decades of work with founders, CEOs, and investors, best-selling author Eric Ries reveals the forces that make companies vulnerable to destruction from within and without. Then he offers solutions that safeguard against them for the long-term. Incorruptible is the blueprint for companies that will prosper and endure without losing their soul. Its lessons and tools are designed to help founders, executives, investors, and citizens of all kinds build organizations – and a society – truly aligned with human flourishing. https://news.theleanstartup.com/ - Eric's newsletter with ideas about how and why to build companies focused on human flourishing — and stories of the people who are doing it. The Eric Ries Show - Founder, entrepreneur, and best-selling author of The Lean Startup Eric Ries discusses how to build profitable companies for the long-term benefit of society. Ries talks with world-class technologists, thought leaders, executives, and others working to create a new ecosystem of trustworthy organizations with limitless potential for growth and a deep commitment to purpose. Together, they uncover the tools and methods to ensure the next generation of companies are designed to maximize human flourishing for generations.   This episode wouldn't have been possible without the help of our incredible production team: Patrick Gallagher - Producer & Co-Host Jerry Li - Co-Host Noah Olberding - Associate Producer, Audio & Video Editor https://www.linkedin.com/in/noah-olberding/ Dan Overheim - Audio Engineer, Dan's also an avid 3D printer - https://www.bnd3d.com/ Ellie Coggins Angus - Copywriter, Check out her other work at https://elliecoggins.com/about/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

On this week's episode of the Shareholders the guys discuss current events, the Woke Report with Junior, the stock, and take the Chimney Oaks Mailbag From the Middle!

Michael Toth highlights how foreign investors utilize litigation finance to gain tax advantages. He advocates for defining legal investments as ordinary income to close loopholes that favor oligarchs and burden shareholders. (4/16)1920 MANNING SC

Listen to an audio version of Brookfield's First Quarter 2026 Letter to Shareholders to learn about the firm's progress across its Alternative Asset Management, Wealth Solutions, and operating businesses. Please read this disclaimer (https://www.brookfield.com/podcast-disclaimer) before listening.

Merger Blocked by Antitrust Action: JetBlue offered $3.8 billion to acquire Spirit in 2022. Shareholders, unions, and both companies supported the merger. The DOJ and Department of Transportation, urged by Elizabeth Warren and supported by Buttigieg and Biden, sued to stop it. A federal judge blocked the merger in January 2024. Consequences Claimed: Spirit declared bankruptcy and shut down, leading to: ~17,000 direct job losses Estimated 40,000+ indirect jobs affected Loss of service to dozens of smaller cities Reduced airline competition and higher fares on former Spirit routes (examples cited include increases of 15–66%). Critique of Antitrust Reasoning: Speakers argue antitrust law should protect consumers, not competitors. They claim the DOJ incorrectly defined the market as “ultra‑low‑cost airlines” instead of the broader airline market, making Spirit and JetBlue appear dominant when they were actually small players. They assert the decision strengthened the Big Four airlines (American, Delta, United, Southwest), which already control ~75–80% of the market. Rebuttal to Alternative Explanations: Democrats are criticized for blaming Spirit’s failure on fuel price increases or Trump-era policies. The speakers argue fuel price volatility affects all airlines and that Spirit would have been better positioned to withstand it with the merger funds. Internal Democratic Dissent: A Biden White House policy official publicly questioned whether blocking the merger was the right decision, though later softened the statement—used as evidence of internal doubts. Government Bailout Rejected: A proposed $500M government bailout (for 90% ownership) was discussed but rejected. The speakers strongly oppose government ownership of airlines, labeling it socialism and economically incompetent. Broader Ideological Argument: The collapse is framed as an example of government overreach, poor understanding of business, and ideological decision-making harming workers and consumers. The episode is used to argue that free‑market competition—not government control—is essential to lower prices and innovation. Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the 47 Morning Update with Ben Ferguson and The Ben Ferguson Show Podcast Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening YouTube: https://www.youtube.com/@VerdictwithTedCruz/ Facebook: https://www.facebook.com/verdictwithtedcruz X: https://x.com/tedcruz X: https://x.com/benfergusonshowYouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.

Will Harvey began his real estate career in 2015 as a residential loan officer before transitioning into direct real estate investing. After building a small portfolio of rental houses, he moved toward multifamily investing as both a limited partner and general partner, eventually focusing more on the finance, capital allocation, and deal analysis side of the business. Today, Will leads Harvey Capital and invests across opportunities where he can evaluate risk, structure capital, and identify value.     Make sure to download our free guide, 7 Questions Every Passive Investor Should Ask, here.     Key Takeaways Pivot when your investing strategy no longer fits your strengths or goals Use scale to remove yourself from day-to-day tenant management Look for deals with multiple exit options, especially in build-to-rent communities Stay open to overlooked real estate opportunities in both private and public markets Focus on asset classes and strategies that match your skill set, not just what others are doing     Topics From Loan Officer to Real Estate Investor Will started in the mortgage business after leaving college and built a strong W-2 income He realized he was earning money but not building long-term wealth Why Will Moved Beyond Single-Family Rentals Will built a small portfolio of three houses in Northern Virginia He realized he did not enjoy dealing directly with tenants Multifamily appealed to him because scale allows investors to hire strong property managers and systems Learning Multifamily Through Podcasts and Relationships Will spent nearly a year listening to podcasts and learning the multifamily space He connected with other investors and got involved in his first multifamily deal in 2019 Finding His Lane in Finance and Capital Allocation Will learned he preferred spreadsheets, capital structure, and finance over operations He began investing more as an LP and using income from other real estate activities to invest into multifamily Using a Friends and Family Fund Will started a small friends and family fund and invested as an LP into several deals One example was a 95-unit build-to-rent townhome community with individually parceled units and multiple exit options Build-to-Rent and Exit Optionality Will likes deals where investors can sell the full portfolio or potentially sell individual units John and Will discuss why multiple exit options can create flexibility depending on the market Finding Real Estate Opportunities in Public Markets Will explains how real estate opportunities can also exist through publicly traded companies and liquidating trusts He shares an example involving JCPenney's bankruptcy, where real estate assets were separated into a liquidating trust Why Multifamily Still Stands Out Will notes that multifamily remains one of the strongest asset classes he has invested in He points to the simple fact that people always need a place to live and sleep    

This week on PREVIOUSLY ON…Jason and Rosie are talking about the latest trailers from The Mandalorian & Grogu, Clayface, Spider-Noir, and more. They talk about the WBD shareholder vote to greenlight the Paramount buyout, and the rejection of Zaslav’s golden parachute deal of nearly $1bil. The Superman: Man of Tomorrow movie begins filming and casts Adria Arjona, and it turns out Rings of Power season 3 will be coming in 2026, this year! not 2027 as widely speculated. Follow Jason: IG & Bluesky Follow Rosie: IG & Letterboxd Follow X-Ray Vision on Instagram Join the X-Ray Vision DiscordSee omnystudio.com/listener for privacy information.

Welcome back to The Kristian Harloff Show, your go-to destination for the latest movie news, TV updates, and deep dives into the biggest stories in entertainment. Today's episode is packed with major headlines across DC, Star Wars, Marvel, and more—so if you're a fan of blockbuster films and franchise breakdowns, you're in the right place. We kick things off with a surprising and controversial story surrounding Man of Tomorrow, as production at an Atlanta prison reportedly caused unrest among inmates. What exactly happened behind the scenes, and could this impact the film's production or public perception? Kristian breaks down everything we know so far and what it could mean for DC Studios moving forward. Next, legendary producer Jerry Bruckheimer is developing a new animated musical titled Epic Odyssey. This project reportedly originated as a viral TikTok sensation that exploded in popularity—so how does that translate into a full-scale film? We discuss the growing trend of social media concepts turning into major studio productions and whether this one has real potential. Over in a galaxy far, far away, we've got a fascinating update on The Mandalorian and Grogu. The director has revealed an unexpected connection involving Martin Scorsese and themes tied to his film Alien. How does that influence the tone or direction of the Star Wars universe? Kristian dives into what this could mean for the future of the franchise and how it connects to the larger storytelling landscape. Marvel fans won't want to miss this—new details have emerged about Spider-Noir, including episode runtimes and early talk of a possible Season 2. Is this shaping up to be one of the more unique entries in Marvel's growing TV lineup? We break down what to expect and how it fits into the broader superhero content ecosystem. Finally, we react to the international trailer for Masters of the Universe. With new footage and a clearer look at the tone, does this adaptation have what it takes to deliver a true big-screen version of He-Man? Kristian shares his thoughts on the visuals, casting, and whether this could be a breakout hit. If you enjoy movie news, trailer reactions, and expert analysis on everything from DC Studios to Star Wars and Marvel, make sure to subscribe and join the conversation. Drop your thoughts in the comments—what story are you most excited about today? #KristianHarloffShow #MovieNews #DCStudios #StarWars #Marvel #MastersOfTheUniverse SPONSORS:  RUGIET: Head to https://www.Rugiet.com/KRISTIAN and get 15% off your ED treatment. HIMS: Ready to reach your goals? Visit https://www.hims.com/KRISTIAN to get a personalized, affordable plan that gets you. Weight Loss by Hims is not available in all 50 states. Wegovy® is the registered trademark of Novo Nordisk A.S. To get started and learn more, including important safety information, Wegovy® clinical study information, and restrictions, visit Hims dot com.

Ep 521 - PlayStation hardware gets a massive price hike. The new Life is Strange is actually good! And Jason Wishnov returns to chat about his new game, People of Note. Become a patron to get the extended cut: https://www.patreon.com/posts/extended-900-us-154665150 Check out Jason's game, People of Note: https://store.steampowered.com/app/1626170/People_of_Note/ 00:00 - Intro 02:12 - Easy Allies 10th Anniversary Recap 09:08 - PlayStation 5 is Now More Expensive 17:57 - Nintendo Loses Patent Claim 24:14 - People of Note w/ Jason Wishnov 51:42 - Damiani's My One Piece 55:06 - My One Thing 01:06:48 - Life Is Strange: Reunion Impressions 01:18:55 - Death Stranding 2 PC Impressions 01:29:28 - L&R: Do What to the Shareholders? 01:37:28 - L&R: Favorite Game Shows 01:43:23 - L&R Game: Remake, Remaster, Relaunch, Reject 01:58:16 - Bets 02:05:16 - Closing Learn more about your ad choices. Visit podcastchoices.com/adchoices