Everything posted by ResidentialBusiness
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Messina Group seeks to sell stake in lobbying firm co-founded by Peter Mandelson
US political consultancy bought a 20% share of Global Counsel in 2024 but wants to end partnership in wake of Epstein affairView the full article
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These 3 major airlines are offering flight refunds during the government shutdown, starting tomorrow
United Airlines, American Airlines, and Delta Air Lines said they will refund tickets for customers who will be flying starting on Friday, November 7, after the Federal Aviation Administration (FAA) announced a 10% reduction in flights at 40 major airports, expected to affect some 3,500 to 4,000 flights daily. The reductions come amid the ongoing federal government shutdown, which has created a shortage of air traffic controllers, some of whom are not being paid. “Any customer traveling during this period is eligible for a refund if they do not wish to fly—even if their flight isn’t impacted,” United Airlines CEO Scott Kirby said in a statement. “That includes non-refundable tickets and those customers with basic economy tickets.” News of the refunds comes after Transportation Secretary Sean Duffy warned that the air traffic controller shortage could result in disruptions, and would likely “lead to more cancellations.” American Airlines told Fast Company that it expects the vast majority of its customers’ travel will be unaffected, and long-haul international travel will remain as scheduled. As schedule changes are made, American said it will proactively reach out to those impacted customers. “During the impacted travel period, customers whose flights are cancelled for any reason or who choose not to travel will be able to change their flight or request a refund, without any penalty,” American Airlines confirmed in an email statement to Fast Company. The airline also urged leaders in Washington to reach an immediate resolution to end the shutdown: “We remain grateful to the air traffic controllers, TSA officers, CBP officers and other federal employees who are working right now without pay—all to get our customers where they need to be safely.” In a statement on its website, Delta Air Lines said it expects to operate most flights as scheduled, including all long-haul international flights. “We are providing additional flexibility to our customers traveling to, from or through the impacted markets during the impacted travel period to change, cancel or refund their flights, including Delta Main Basic fares, without penalty during this travel period,” it said. Southwest Airlines, JetBlue, and Alaska Airlines have not yet determined a refund policy, according to USA Today. Both the airlines and experts recommend using the airlines’ mobile apps for the latest information on cancelations and delays. 40 U.S. airports likely to be most affected by delays While the FAA has not finalized the list of the 40 airports that will be affected by 10% flight reductions, New York, Atlanta, and Los Angeles airports will likely be among them. Here is a preliminary list, according multiple sources including ABC News, CBS News, and USA Today: Anchorage International (ANC) Hartsfield-Jackson Atlanta International (ATL) Boston Logan International (BOS) Baltimore/Washington International (BWI) Charlotte Douglas International (CLT) Cincinnati/Northern Kentucky International (CVG) Dallas Love (DAL) Ronald Reagan Washington National (DCA) Denver International (DEN) Dallas/Fort Worth International (DFW) Detroit Metropolitan Wayne County (DTW) Newark Liberty International (EWR) Fort Lauderdale/Hollywood International (FLL) Honolulu International (HNL) Houston Hobby (HOU) Washington Dulles International (IAD) George Bush Houston Intercontinental (IAH) Indianapolis International (IND) New York John F. Kennedy International (JFK) Las Vegas Harry Reid International (LAS) Los Angeles International (LAX) New York LaGuardia (LGA) Orlando International (MCO) Chicago Midway (MDW) Memphis International (MEM) Miami International (MIA) Minneapolis/St. Paul International (MSP) Oakland International (OAK) Ontario International (ONT) Chicago O`Hare International (ORD) Portland International (PDX) Philadelphia International (PHL) Phoenix Sky Harbor International (PHX) San Diego International (SAN) Louisville International (SDF) Seattle/Tacoma International (SEA) San Francisco International (SFO) Salt Lake City International (SLC) Teterboro (TEB) Tampa International (TPA) View the full article
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These 3 major airlines are offering flight refunds during the government shutdown, starting tomorrow
United Airlines, American Airlines, and Delta Air Lines said they will refund tickets for customers who will be flying starting on Friday, November 7, after the Federal Aviation Administration (FAA) announced a 10% reduction in flights at 40 major airports, expected to affect some 3,500 to 4,000 flights daily. The reductions come amid the ongoing federal government shutdown, which has created a shortage of air traffic controllers, some of whom are not being paid. “Any customer traveling during this period is eligible for a refund if they do not wish to fly—even if their flight isn’t impacted,” United Airlines CEO Scott Kirby said in a statement. “That includes non-refundable tickets and those customers with basic economy tickets.” News of the refunds comes after Transportation Secretary Sean Duffy warned that the air traffic controller shortage could result in disruptions, and would likely “lead to more cancellations.” American Airlines told Fast Company that it expects the vast majority of its customers’ travel will be unaffected, and long-haul international travel will remain as scheduled. As schedule changes are made, American said it will proactively reach out to those impacted customers. “During the impacted travel period, customers whose flights are cancelled for any reason or who choose not to travel will be able to change their flight or request a refund, without any penalty,” American Airlines confirmed in an email statement to Fast Company. The airline also urged leaders in Washington to reach an immediate resolution to end the shutdown: “We remain grateful to the air traffic controllers, TSA officers, CBP officers and other federal employees who are working right now without pay—all to get our customers where they need to be safely.” In a statement on its website, Delta Air Lines said it expects to operate most flights as scheduled, including all long-haul international flights. “We are providing additional flexibility to our customers traveling to, from or through the impacted markets during the impacted travel period to change, cancel or refund their flights, including Delta Main Basic fares, without penalty during this travel period,” it said. Southwest Airlines, JetBlue, and Alaska Airlines have not yet determined a refund policy, according to USA Today. Both the airlines and experts recommend using the airlines’ mobile apps for the latest information on cancelations and delays. 40 U.S. airports likely to be most affected by delays The FAA has not finalized the list of the 40 airports that will be affected by 10% flight reductions. But New York, Atlanta, and Los Angeles airports are likely to be among them. Here is a preliminary list, according multiple sources including ABC News, CBS News, and USA Today: Anchorage International (ANC) Hartsfield-Jackson Atlanta International (ATL) Boston Logan International (BOS) Baltimore/Washington International (BWI) Charlotte Douglas International (CLT) Cincinnati/Northern Kentucky International (CVG) Dallas Love (DAL) Ronald Reagan Washington National (DCA) Denver International (DEN) Dallas/Fort Worth International (DFW) Detroit Metropolitan Wayne County (DTW) Newark Liberty International (EWR) Fort Lauderdale/Hollywood International (FLL) Honolulu International (HNL) Houston Hobby (HOU) Washington Dulles International (IAD) George Bush Houston Intercontinental (IAH) Indianapolis International (IND) New York John F. Kennedy International (JFK) Las Vegas Harry Reid International (LAS) Los Angeles International (LAX) New York LaGuardia (LGA) Orlando International (MCO) Chicago Midway (MDW) Memphis International (MEM) Miami International (MIA) Minneapolis/St. Paul International (MSP) Oakland International (OAK) Ontario International (ONT) Chicago O`Hare International (ORD) Portland International (PDX) Philadelphia International (PHL) Phoenix Sky Harbor International (PHX) San Diego International (SAN) Louisville International (SDF) Seattle/Tacoma International (SEA) San Francisco International (SFO) Salt Lake City International (SLC) Teterboro (TEB) Tampa International (TPA) View the full article
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UK interest rates coming closer to levelling out, BoE governor says
Bailey’s comments on market pricing suggest the country may settle at a higher rate than in the US or EurozoneView the full article
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Fed Gov. Barr says AI may cause 'dislocations' in labor force
Michael Barr said he believes artificial intelligence will have a positive long-term impact on the economy, though it may cause job losses in the short term. View the full article
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Comcast holds talks about acquiring ITV’s television business
US media giant sees potential to create a leading streaming service in the UKView the full article
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Reeves considers less dramatic cut to cash Isa allowance
The government is also encouraging Isa providers to revamp their stocks-and-shares savings products View the full article
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Why Peloton is telling thousands of customers to get off their bikes
If sweating it out on a Peloton helps you stay fit, be sure to see if you’re affected by a major new recall from the exercise bike maker. Peloton issued a major recall for some bike models on Thursday, warning that the seat posts of affected models could break and potentially injure their users. The recall is based on three reports of seat post malfunctions. In two of those incidents, Peloton users were injured after falling off the bike. Though the number of incidents is very small, the recall applies to 833,000 units manufactured in Taiwan and sold in the U.S. The recall affects Peloton Original Series Bike+ units with model number PL02 and serial numbers that start with “T.” The bikes were manufactured between December 2019 and July 2022 and were sold through Peloton, Dick’s Sporting Goods, eBay, and Amazon from January 2020 through April 2025. Another 44,800 units sold in Canada were also recalled, though no falls or malfunctions were reported outside the U.S. “The integrity of our products and our Members’ well-being are our top priorities,” Peloton said in a statement provided to Fast Company. “We are taking this opportunity to make replacement seat posts available to all affected Bike+ users, and we encourage them to contact us to receive the redesigned seat post as soon as possible.” To find your bike’s serial number, look inside the front fork, behind the front fork, or behind the flywheel. Once you locate it, you can look up the serial number on Peloton’s website to see that bike model’s history. Peloton users with affected models should take a break from cycling until they are able to get a fix from the company. Happily, that fix is pretty straightforward: Peloton will send you a new seat free of charge. Just order the replacement seat post online or contact customer service by phone. Installing the new post looks pretty straightforward, and owners can follow an instructional video from Peloton to do it themselves at home. The new recall is the second time the company has had to issue a warning about the safety of its seat posts. In 2023, Peloton announced a voluntary recall of seat posts for its original Bike model, similarly sending out replacement parts due to worries about the post breaking and causing people to fall off. Peloton said the seat post problem posed a risk to users with larger builds who weighed 250 pounds or more, though no injuries were reported at the time. Peloton says that bikes manufactured after 2023 include redesigned seats that eliminate the risk associated with both seat post recalls. “At a high level, the design and quality enhancements include a fail-safe mechanism intended to ensure that in the rare event of a break, the seat will not detach from the post, mitigating the risk of injury,” a Peloton spokesperson told Fast Company. “We feel confident about the quality of our redesigned seat post. We are also committed to continuously innovating on our product quality and designs.” Peloton will report its quarterly earnings later on Thursday, though that call will likely turn toward the new recall as well, and not just be about the company’s financials. Peloton pedals in some new directions Last month, Peloton announced that it would raise prices across its subscriptions and its workout hardware. The company is also throwing its weight behind advanced tech on new high-end equipment options that integrate computer vision and AI to track users’ movement and personalize their workouts. Peloton also recently launched a new “Pro” line of commercial workout bikes, treadmills, and rowing machines designed for high-use areas like hotel gyms, where wear and tear can add up much more quickly than on an at-home machine that sees a fraction of the use. “Today’s consumers want the flexibility to work out anytime, anywhere, and that means they expect top-tier fitness amenities in the places where they live, work, and travel,” Peloton chief commercial officer Dion Camp Sanders said of the company’s new line, which paired with the launch of a new commercial business division. View the full article
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Israel carries out wave of strikes on Lebanon
Escalation of Israeli attacks has sparked fears of renewed hostilities with HizbollahView the full article
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Sequoia’s shake-up may be a VC turning point
Turnover of leaders shows how hard it can be to ride out the vicious financial and tech cycles View the full article
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Trump unveils deal with Eli Lilly and Novo Nordisk to lower costs and expand coverage for obesity drugs
President Donald The President unveiled a deal Thursday with drugmakers Eli Lilly and Novo Nordisk to expand coverage and reduce prices for their popular obesity treatments Zepbound and Wegovy. The drugs are part of a new generation of obesity medications known as GLP-1 receptor agonists that have soared in popularity in recent years. But access to the drugs has been a consistent problem for patients because of their cost — around $500 a month for higher doses — and insurance coverage has been spotty. Coverage of the drugs for obesity will expand to Medicare patients starting next year, according to the administration, which said some lower prices also will be phased in for patients without coverage. Starting doses of new, pill versions of the treatments also will cost $150 a month if they are approved. “(It) will save lives, improve the health of millions and millions of Americans,” said The President, in an Oval Office announcement in which he referred to GLP-1 as a “fat drug.” Thursday’s announcement is the latest attempt by the The President administration to rein in soaring drug prices in its efforts to address cost-of-living concerns among voters. Drugmakers Pfizer and AstraZeneca recently agreed to lower the cost of prescription drugs for Medicaid after an executive order in May set a deadline for drugmakers to electively lower prices or face new limits on what the government will pay. As with the other deals, it’s not clear how much the price drop will be felt by consumers. Drug prices can vary based on the competition for treatments and insurance coverage. Obesity drugs have become increasingly popular, but are costly The obesity drugs work by targeting hormones in the gut and brain that affect appetite and feelings of fullness. In clinical trials, they helped people shed between 15% and 22% of their body weight — up to 50 pounds or more in many cases. Patients taking these drugs usually start on smaller doses and then work up to larger amounts, depending on their needs. Because of obesity being considered a chronic disease, they need to take the treatment indefinitely or risk regaining weight, experts say. The fast-growing treatments have proven especially lucrative for drugmakers Eli Lilly and Co. and Novo Nordisk. Lilly said recently that sales of Zepbound have tripled so far this year to more than $9 billion. But for many Americans, their cost has made them out of reach. Medicare, the federally funded coverage program mainly for people ages 65 and over, hasn’t covered the treatments for obesity. President Donald The President’s predecessor, Joe Biden, proposed a rule last November that would have changed that. But the The President administration nixed it last spring. Few state and federally funded Medicaid programs, for people with low incomes, offer coverage. And employers and insurers that provide commercial coverage are wary of paying for these drugs in part because of the large number of patients that might use them. The $500 monthly price for higher doses of the treatments also makes them unaffordable for those without insurance, doctors say. Medicare now covers the cost of the drugs for conditions such as type 2 diabetes and cardiovascular disease, but not for weight loss alone. The President showing he is in touch with cost-of-living concerns The effort to lower costs barriers to popular GLP-1 drugs comes as the White House is looking to demonstrate that The President is in touch with American’s frustrations with rising costs for food, housing, health care and other necessities. Republican gubernatorial candidates in New Jersey and Virginia faced a drubbing in Tuesday’s election in which dour voter outlook about the economy appeared to an animating factor in the races. Roughly half of Virginia voters said “the economy” was the top issue, and about 6 in 10 of these voters picked Democrat Abigail Spanberger for governor, powering her to a decisive win, according to an AP voter poll. In New Jersey, Democrat Mikie Sherrill won about two-thirds of voters who called “the economy” the top issue facing the state, the poll found. She defeated a The President-endorsed Republican candidate Jack Ciattarelli. More than half of New York City voters said the cost of living was the top issue facing the city. The Democratic mayor-elect Zohran Mamdani won about two-thirds of this group. The White House sought to diminish the effort by the previous Democratic administration as a gift to the pharmaceutical industry because the proposal did not include adequate price concessions from the drug makers. The President, instead, consummated a “belt and suspenders” deal that ensures that Americans aren’t unfairly financing the pharmaceutical industry’s innovation, claimed a senior administration official, who briefed reporters ahead of Thursday’s Oval Office announcement by The President. Another senior administration official said coverage of the drugs will expand to Medicare patients starting next year. Those who qualify will pay $50 copays for the medicine. Lower prices also will be phased in for people without coverage through the administration’s The PresidentRx program, which will allow people to buy drugs directly from manufacturers. starting in January. The officials said lower prices also will be provided for state and federally funded Medicaid programs. And starting doses of new, pill versions of the obesity treatments will cost $149 a month if they are approved. The officials briefed reporters on the condition of anonymity under ground rules set by the White House. Doctors applaud the price drop Dr. Leslie Golden says she has roughly 600 patients taking one of these treatments, and 75% or more struggle to afford them. Even with coverage, some face $150 copayments for refills. “Every visit it’s, ‘How long can we continue to do this? What’s the plan if I can’t continue?,’” said Golden, an obesity medicine specialist in Watertown, Wisconsin. “Some of them are working additional jobs or delaying retirement so they can continue to pay for it.” Both Lilly and Novo have already cut prices on their drugs. Lilly said earlier this year it would reduce the cost of initial doses of Zepbound to $349. Dr. Angela Fitch, who also treats patients with obesity, said she hoped a deal between the White House and drugmakers could be the first step in making the treatments more affordable. “We need a hero in obesity care today,” said Fitch, founder and chief medical officer of knownwell, a weight-loss and medical care company. “The community has faced relentless barriers to accessing GLP-1 medications, which has ultimately come down to the price, despite the data we have supporting their effectiveness.” —Tom Murphy, Aaamer Madhani, and Jonel Aleccia, Associated Press View the full article
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Deputy Labour leader says party must stand by income tax pledge
Lucy Powell says ‘trust in politics is essential’ amid signs the chancellor plans to break manifesto promiseView the full article
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Inside Netflix’s big deal with AB InBev
The term brand entertainment is tough to define. For many people, it’s an oxymoron and these two words should never be in the same room as one another. For many others, though, it’s simply when brands make stuff we actually want to pay attention to. It could be a short ad, or a feature-length film, or a live event. What it isn’t is an annoying waste of time interrupting our attention from actual entertainment like TV, sports, music and movies. I’ve spent a lot of time on the Brand New World podcast looking at different ways different brands are doing this right. From WhatsApp creating a Netflix doc about the Mercedes F1 team, to Dick’s Sporting Goods formally establishing an internal entertainment studio that has already been winning Emmys. But in September, an unprecedented deal was struck between one of the world’s biggest advertisers and arguably the globe’s biggest streaming platform. AB InBev—the parent to beer brands like Budweiser, Bud Light, Michelob Ultra, and Corona—signed a wide-ranging partnership deal with Netflix. This will not only get these major beer brands front and center in Netflix’s push into live sports, but also get them early access to placement and integration into other Netflix programming like shows and movies. This kind of thing will have marketers drooling, but everyone else skeptically side-eyeing the idea of a bigger brand presence in entertainment, and its potential effect on the quality of our favorite movies and TV shows. So, this episode I’m talking to Jae Goodman, co-founder and CEO of Superconnector Studios, who not only helped broker the Netflix – AB InBev deal, but has also helped giants like Nike and LVMH set up their own entertainment strategies. Here he breaks down this new deal, what it means, and how it may be setting the stage for the future of brands in Hollywood. Goodman says the key to the deal is that each company respects the goals and ideals of the other, which is the lens through which any brand integration is considered: “Netflix and AB InBev have each become acutely aware of each other’s priorities. And so Netflix is great about sharing their priority projects with AB InBev, and AB InBev has been very clear about the brand ethos. Netflix is extremely aware when they read a script for a new show or when they see the next season come in for an already hit show, they already know, ‘That’s a Stella show. That’s a Corona show, that’s a Budweiser show,’ because they’re aware of the brand alignment.” Why brands should avoid Hollywood’s independent financing model: “There is a very small subset of producers who believes that brands are the answer to independently financing projects that aren’t selling on spec. And so there are some producers out there whose pitch (to brands) is essentially, ‘You give me millions of dollars, I will go make this show or this movie, and it will totally sell. We’re gonna get it into Sundance, and then there’s gonna be a bidding war.’ Independent financing of film and television is rare, and in television it’s extremely rare and it’s risky. There are professionals who put their money at risk for independent financing, it’s a whole business and it’s a challenging business, and it’s more challenged by the fact that there are fewer buyers now. So, I’m just going to say it very clearly: It is bad for both industries to have brands fully financing entertainment as a business model. There are instances where it makes sense, but it needs to be in the context of not being the primary model. It is just not a good reason to do it. There’s so much money. Maybe there’s going to be less spending on content year over year, I haven’t seen the number. But I do know Netflix is going to spend $19 billion on content this year. So when they’re going to spend $19 billion on content, tell me why every brand in town needs to go to an independent producer and fully finance a movie that’s “totally gonna sell to Netflix.” Go to Netflix first and see if they’re interested.” View the full article
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U.S. mortgage rate ticks up to 6.22% after four weeks of declines
The average rate on a 30-year U.S. mortgage ticked up for the first time in five weeks after falling to its lowest level in more than a year last week. The average long-term mortgage rate moved up to 6.22% from 6.17% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.79%. Last week’s average rate was the lowest since Oct. 3, 2024, when it was 6.12%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also rose this week. The average rate rose to 5.5% from 5.41% last week. A year ago, it was 6%, Freddie Mac said. Mortgage rates are influenced by several factors, from the Federal Reserve’s interest rate policy decisions to bond market investors’ expectations for the economy and inflation. They generally follow the trajectory of the 10-year Treasury yield, which lenders use as a guide to pricing home loans. The 10-year yield was at 4.09% at midday Thursday, down from 4.16% Wednesday. Lower mortgage rates boost homebuyers’ purchasing power and benefit homeowners eager to refinance their current home loan to a lower rate. The average rate on a 30-year mortgage has been stuck above 6% since September 2022, the year mortgage rates began climbing from historic lows. The housing market has been in a slump ever since. Sales of previously occupied U.S. homes sank last year to their lowest level in nearly three decades. Sales have been sluggish this year, but accelerated in September to their fastest pace since February as mortgage rates eased. Mortgage rates began declining in July in the lead-up to the Federal Reserve’s decision in September to cut its main interest rate for the first time in a year amid growing concern over the U.S. labor market. The Fed lowered its key interest rate again last week in a bid to help boost the wobbling job market. However, Fed Chair Jerome Powell warned that there is no guarantee the U.S. central bank will cut again at its final meeting of 2025 in December. The Fed could also pump the brakes on more rate cuts if inflation climbs further amid the The President administration’s expanding use of tariffs, because lower rates can worsen inflation. Bond investors demand higher returns as long as inflation remains elevated, so if inflation ticks upward that could translate into higher yields on the 10-year Treasury note, pushing up mortgage rates. The central bank doesn’t set mortgage rates, and even when it cuts its short-term rates that doesn’t necessarily mean rates on home loans will necessarily decline. Last fall after the Fed cut its rate for the first time in more than four years, mortgage rates marched higher, eventually reaching just above 7% in January this year. At that time, the 10-year Treasury yield was climbing toward 5%. The broader pullback in rates has helped spur homeowners who bought in recent years after rates climbed above 6% to refinance their home loan to a lower rate. Mortgage rates would have to drop below 6% to make refinancing an attractive option for many homeowners. That’s because about 80% of U.S. homes with a mortgage have a rate below 6% and 53% have a rate below 4%, according to Realtor.com. —Matt Ott, AP business writer View the full article
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Mortgage rates bounce back up after month of drops
The 30-year fixed-rate mortgage rose five basis points from last week to 6.22%, while the 15-year rate increased nine basis points to 5.50% View the full article
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UWM posts best production quarter in four years
UWM Holdings set a single-day record for rate locks in September at $4.8 billion, taking advantage of the window of opportunity leading up to the FOMC meeting. View the full article
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Four Reasons You Should Upgrade to Smart Power Tools
We may earn a commission from links on this page. Power tools make everything easier and your finishes more professional. You might think that connecting those power tools to an app on your phone via Bluetooth is an unnecessary upgrade—why in the world does your power drill need to be connected to your phone? The truth is that Bluetooth-connected, “smart” power tools offer a lot of real advantages, and you should definitely start thinking about upgrading your tools to include them. More controlThe biggest reason smart power tools are a good investment is the increased control they offer. If you’ve ever wasted time experimenting with the torque settings on a drill (and then forgotten those settings the next time you’re doing a similar project), you know how often you’re working blind and just figuring things out by feel. With a smart drill, you have an extremely fine amount of control. For example, Milwaukee’s M18 Fuel Drill lets you not only set a specific RPM for the drill—it allows you to set a torque range that shuts the drill off when you hit it. No more snapped or stripped screws. Smart tools like this also enable you to select or create profiles for specific jobs. You can pick the material you’re drilling into, the size of the bit, and other factors, and the app will select the ideal settings for the job. If you tweak those settings or come up with your own, you can save it as a custom profile so you don’t have to perform all that experimentation every time you tackle a similar job. Better safetyAnyone who’s worked with power tools knows how dangerous they are. I am still haunted by a power saw experience a few years ago that came very close to maiming me, and I consider myself a pretty safety-conscious DIYer. Smart tools offer a range of enhanced safety features. Smart saws like the Milwaukee Sawzall M18 Fuel can monitor vibration, temperature, and the motor’s strain and shut the tool down if it’s about to overload, overheat, or spin out of control. This not only protects your squishy bits and vulnerable fingers; it protects the tool itself. Instead of a burned-out motor or a bent guide, the tool flashes a warning and shuts down so you can safely disengage, take a breath, and start over. Milwaukee Sawzall 2822-20 M18 Fuel Reciprocating Saw w/ONE-KEY (Tool-Only) $279.00 at Amazon Learn More Learn More $279.00 at Amazon Rich dataHave you ever unearthed an old power tool and wondered if it was still in good working condition? If the battery still had enough capacity to be useful, if the tool still offered acceptable performance? With a smart power tool, you don’t have to guess. Bluetooth-connected power tools typically collect a lot of data about their condition and performance, and can tell you at if the battery’s still good (and how much use is left in the current charge), the condition of the motor, and whether it needs maintenance. You’ll be able to avoid unnecessarily replacing tools that just need a calibration or a cleaning, but you’ll also know you need to replace a tool before it fails you in a critical moment. Location trackingMost smart power tools offer a tracking feature that shows you where your tool is. While this is probably most useful for professionals who have a team deployed over a large area, if you have a habit of loaning out your tools or you’re not the only person using them, being able to see who ran off with your drill or saw is a blessing. And if you have a bad habit of leaving your tools wherever you used them last, this feature could also save you the wasted time of searching for them. Smart tools, especially if purchased from the same manufacturer, can also offer inventory tracking, showing you exactly what tools you have—or lack. Didn’t you once have a reciprocating saw? Your inventory screen can tell you, and your tracking feature can show you where it’s currently residing, so you don’t mistakenly purchase a duplicate of a tool you already own. The downside of smart power toolsSimply put, it's the price. These tools tend to be a lot more expensive than their simpler brethren. The M18 drill mentioned above costs more than $100 less if you get the non-smart version, for example. But if you use your tools a lot and need fine control over their settings and a way to monitor their condition, the extra expense might just be worth it. View the full article
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Fed says banks are well managed even with a deficient rating
The Federal Reserve Board finalized changes to its supervisory rating framework, allowing large bank holding companies to be considered "well managed," even with one deficient rating. View the full article
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How the attack on trans healthcare affects every American
The erosion of freedom rarely happens overnight; it’s written into law, one ruling at a time. ACLU’s Chase Strangio lays bare how the U.S. legal system is failing its people under a growing wave of authoritarianism and systemic rollbacks of civil liberties. View the full article
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T-Mobile’s ‘Text to 911’ Feature Is Now Free for Everyone
If you're out of cell service in an emergency, the ability to contact 911 can be lifesaving. Now many users with older phones are getting access to emergency texting to 911 via T-Mobile's Starlink-powered T-Satellite network for free. On Wednesday, T-Mobile announced that it would open up its Text to 911 feature—which allows users to text emergency services through their phone's native messaging app when outside of coverage areas—to everyone, including AT&T and Verizon customers, at no cost. It's worth noting that many iPhone and Pixel users already have access to emergency SOS via satellite regardless of carrier, as these features are built into newer devices. Apple's Emergency SOS is available on iPhone 14 and later, while Google's Satellite SOS is available on Pixel 9 and later (excluding 9A). These devices will default to native capabilities. Verizon also supports Satellite SOS for compatible Samsung Galaxy phones. As such, T-Mobile's free service is useful mostly to those on older iPhones and Pixels as well as Motorola devices and Samsung users who have AT&T. And if you're not a T-Mobile customer, your device must be unlocked and have an available eSIM to activate Text to 911. When connected to the network, you can text 911 for emergency services as well as the 988 Lifeline and 838255, the Veterans Crisis Line. T-Mobile customers can also reach customer care via 611. How to sign up for Text to 911If you're a T-Mobile customer, you can add Text to 911 service by logging into your account and selecting the option under Manage Data & Add Ons. Otherwise, you'll need to enroll on T-Mobile's website, after which your phone will automatically connect to the emergency network ("T-Mobile TXT911") when no other coverage is available. You must enroll in advance. To use the service, compose a message in your device's native texting app, enter 911 in the phone number field, and hit send. Your location is automatically shared with first responders. View the full article
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New court docs put Sam Altman’s honesty in spotlight again
Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. I’m Mark Sullivan, a senior writer at Fast Company, covering emerging tech, AI, and tech policy. This week, I’m focusing on a new court filing that sheds more light on the reasons for Sam Altman’s ouster from OpenAI two years ago. I also look at Amazon’s kerfuffle with Perplexity over AI shopping agents, and at another court ruling that using copyrighted data for AI training is fair use. Sign up to receive this newsletter every week via email here. And if you have comments on this issue and/or ideas for future ones, drop me a line at sullivan@fastcompany.com, and follow me on X (formerly Twitter) @thesullivan. Two years after OpenAI boardroom drama, a lot is riding on Altman’s trustworthiness OpenAI CEO Sam Altman has done more than anyone else to whip up faith and trust that the next industrial revolution—AI—is imminent and inevitable. That faith and trust have already loosed hundreds of billions of investment in infrastructure needed to support the transition. Some say the infusion of cash is single-handedly propping up the U.S. stock market, and, by extension, the economy. The faith and trust have moved Washington to all but abandon its oversight role in favor of acting as enabler and cheerleader. But questions of Altman’s trustworthiness won’t go away. Some troublesome details about Altman’s famous 2023 firing by his board (and subsequent rehiring and board reshuffle) came to light with the recent (unsealed) court filing of part of a deposition of OpenAI cofounder and ex-chief scientist Ilya Sutskever in a case brought against the company by Elon Musk. At the time of Altman’s ouster, the board said that he had kept key facts about the business from them. The board had also considered reports that Altman undermined his executives and pitted them against each other. Sutskever confirmed to attorneys during the seven-hour deposition that he believes Altman lied habitually. He testified that Altman had been pitting Mira Murati, the CTO at the time, against Daniela Amodei, who eventually left with her brother Dario Amodei and others to form Anthropic. We learn that Altman’s alleged behavior wasn’t short-term or a reaction to a crisis, but part of a pattern. Sutskever said he and fellow board member Murati had been documenting Altman’s indiscretions and preparing to oust him for more than a year before proposing it to the board. (They delayed the firing until Altman loyalists on the board were too few to stop it, Sutskever said.) One board member, Helen Toner, said a year after departing that OpenAI executives (likely Sutskever and Murati) began talking to the board about the Altman problems in the month before the November 2023 dustup. “The two of them suddenly started telling us . . .how they couldn’t trust him, about the toxic atmosphere he was creating,” Toner said during a TED AI podcast. “They used the phrase ‘psychological abuse,’ telling us they didn’t think he was the right person to lead the company to AGI, telling us they had no belief that he could or would change.” Sutskever, in fact, wrote a 52-page-long memo describing Altman’s indiscretions (at the request of fellow board member Adam D’Angelo, and possibly board members Helen Toner and Tasha McCauley). He wrote another memo about then-president and board chair Greg Brockman, who resigned after Altman was fired. Toner has offered other examples of Altman’s lies of omission, including a failure to tell the board about plans to launch ChatGPT, or that he personally owned the OpenAI startup fund “even though he constantly was claiming to be an independent board member with no financial interest in the company,” Toner said. Toner added that Altman gave the board inaccurate information about the “small number of formal safety processes” OpenAI had in place, so the board had no way of knowing how well those safety processes were working. (Toner is an AI safety expert.) People say that political infighting happens within every company. That’s probably true. People say that CEOs are like politicians; they have to balance competing priorities and personalities within the company, so a certain amount of “finessing” of the truth is expected. I’ll buy that too. And the context is important. OpenAI’s history, and the recent history of generative AI, had a lot to do with setting up the conflict. OpenAI started out as an idealistic little AI lab, but a few years later it made a breakthrough discovery that AI models got predictably smarter as they were supersized and given massive amounts of computing power. Developing frontier AI models became a very expensive undertaking, requiring massive capital. OpenAI had to spend massively to maintain its lead in the frontier model arms race that ensued, and needed consumer and enterprise revenue streams to help pay for it. (CFO Sarah Friar said Wednesday that OpenAI may look to the government to guarantee its infrastructure loans.) It’s not easy to run a business like a nonprofit in that situation. Yet Altman was answering to a nonprofit board of directors. Toner said as much on the TED AI podcast. “The board is a nonprofit board that was set up explicitly for the purpose of making sure that the company’s public good mission was primary, was coming first—over profits, investor interests, and other things,” Toner said on the podcast. Maybe something had to give. But . . . But if the CEO was (or is) hiding truths from the board, something is wrong. Given the potential risks of AI, it’s disturbing that one of Altman’s lies of omission, according to Toner, concerned safety measures. Superhuman AI doesn’t care about the corporate structure of its creators. If not responsibly aligned and governed, its potential for doing harm is the same. Amazon to Perplexity: ‘Keep your agents out of our market’ Amazon is apparently not ready for the AI agent revolution. Amazon accused Perplexity of computer fraud after the AI company’s Comet browser allowed users to search for and purchase items on Amazon’s platform. Amazon believes Perplexity needs permission from the e-commerce giant to let users do that. Its attorneys sent Perplexity CEO Aravind Srinivas a cease-and-desist, saying, in effect, that the Comet shopping agents are no longer welcome on Amazon. We’re in the early innings of AI agents. Some of the first consumer agents, Perplexity included, can navigate e-commerce websites and even make purchases. In the future agents may routinely do our business by interacting with other agents using a secure agent-to-agent interface—no need for a traditional web interface at all. Perplexity says Amazon sent an “aggressive legal threat” via a cease-and-desist letter dated October 31, demanding the company stop enabling purchases through its Comet Assistant. Amazon’s lawyers say that Perplexity lacks authorization to access Amazon user accounts or account details using what they described as “disguised or obscured” AI agents. Amazon has already taken steps in recent months to block external AI agents from OpenAI, Google, Meta, and others from crawling product information at its website. Perplexity accused Amazon of “bullying,” and argued that a tool that makes shopping easier for the consumer can only benefit the e-commerce giant. Perplexity suggested that Amazon is more focused on manipulating shopper decisions by showing ads, injecting upsells and confusing offers, and pushing sponsored products in search results. Amazon says Perplexity’s agents hurt shoppers by skipping over personalized product recommendations, and potentially not displaying the fastest available delivery speeds for customers. Amazon and Perplexity did not respond to a request for comment. In theory, Amazon could change its terms of service to more explicitly ban third-party shopping agents from its site. But what if such agents create real value (time savings) for consumers? Can Amazon easily ban some agents but not others? U.K. court says AI companies can use copyrighted material to train models The AI industry has notched another legal win for its practice of scraping copyrighted digital content from the web and using it to train AI models. Getty Images filed suit in the High Court of Justice of England and Wales, claiming that Stability AI violated copyright when it downloaded millions of Getty photos without permission for the purpose of training its Stable Diffusion image generator. Judge Joanna Smith ruled this week that since the Stable Diffusion model didn’t store or reproduce the Getty images it can’t be said to have “copied” the images under U.K. copyright law. The court also declared that Getty would have to drop the copyright claim in the U.K. court because the training didn’t physically happen within its jurisdiction. Getty also filed its complaint in the U.S., in the Southern District of New York, but that trial is still ongoing. Neil Chilson, former chief technologist for the FTC and currently head of AI Policy with the Abundance Institute, called the decision “consistent with the nature of the technology and a successful result for continued AI innovation.” More AI coverage from Fast Company: AI is going to be a game changer for Black Friday AI hardware is reinventing the humble dictaphone Here are the best mobile AI apps Stability AI largely wins U.K. court battle against Getty Images Want exclusive reporting and trend analysis on technology, business innovation, future of work, and design? Sign up for Fast Company Premium. View the full article
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How to restore housing market affordability, according to institutional landlord Amherst
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Today, institutional landlords—those owning more than 1,000 homes—remain a relatively small part of the national single-family housing market. They own less than 1.0% of the total U.S. single-family housing stock and have accounted for only about 0.3% of transactions over the past three years. Yet, two decades ago, they didn’t even really exist. When Blackstone began buying single-family rentals in 2011, there wasn’t a single firm that owned at least 1,000 U.S. single-family homes. By late 2016, Blackstone’s fund, Invitation Homes—which the firm later took public in 2017 and fully exited by 2019—had grown its portfolio to nearly 50,000 single-family rentals. As of the end of Q3 2025, Invitation Homes wholly owned 86,139 single-family rentals. Institutional funds buying at the bottom of the housing crash, from 2011 to 2013, marked the birth of the modern institutional single-family rental asset class. Sean Dobson, CEO and chairman of the Amherst Group—which, according to Parcl Labs, owns at least 42,973 single-family rentals—saw that shift firsthand. After the federal government tightened lending, the housing bubble burst, and single-family homes began selling below replacement cost, the government was practically begging institutional capital to step into the market around 2010, believing they could serve as a “shock absorber.” Dobson illustrates the point by noting, “When we [Amherst] first started this [single-family rental] business, we had a handshake to buy 50,000 houses from Fannie Mae in one trade.” While that trade didn’t occur, it illustrates the backdrop at the time. On Friday, Dobson will be among the speakers at ResiDay 2025—a one-day conference hosted by ResiClub in New York City. I did a pre-interview with Dobson (the full video is posted on YouTube). Below are some of his key takeaways. National home prices: Grinding sideways, with affordability as the constraint Dobson emphasized that the housing market is unlikely to see dramatic national home price swings in the near term. Neither another national boom, nor crash. He admits there’s some downward pressure on home prices, given the affordability environment we’re in, however, there’s not enough resale supply hitting the market to actually manifest a national level crash like 2007-2011. According to Dobson: “Home prices we think would be lower if there are more sellers, obviously. But there’s good reason there aren’t more sellers, right? So many people got such low interest rate mortgages that at a time when the demand would naturally fall from rising interest rates, rising interest rates also caused the [new listings] supply to fall.” “I think the overall message is that we’re on the lookout for something that changes the velocity of this whole thing and [we] can’t find it. We spent a lot of time on the Airbnb guys. I thought those guys might be the weak hands, because it’s like, who has to sell? And we have a pretty good model on how supply affects home prices. But even when you just radically change supply, it moves home prices [down] in single digits… we think you’re looking at a decade of difficulties for people to get into buying a home.” “That’s why we think we’re talking about really a next decade of a lot of demand for rental, because it’s the choice of, ‘how do I get the size, how do I get the features that come with that home, like the school location’? And that’s how long we think it’s going to take for what we would see as sort of long-term depth of some of the standards for affordability to be recaptured, because we think it has to come from income growth. And that’s staring in the face of all this business and AI, which [some] people are arguing might be driving [real incomes] down [in the future].” Fixing affordability starts with housing credit reform The further the Pandemic Housing Boom fades into the rearview mirror—and as national income growth continues to outpace national home price growth—Dobson believes national housing affordability will gradually improve. That could be sped up, he says, if some of lending tightening done during and following the Great Financial Crisis were un-done. His argument isn’t to recreate the reckless lending of the mid-2000s, but to reintroduce responsible credit risk-taking and allow back in some of the lower credit homebuyers that were in the market in, say, the 1980s and 1990s. In Dobson’s view, if lending were loosened to allow some of those lower credit score homebuyers back into the market, it wouldn’t magically improve affordability overnight; however, it would create a steady stream of housing demand for builders who could produce more lower-end single-family homes—or even manufactured homes—that weren’t built in the years following the Great Financial Crisis. He believes that would improve affordability over time. Says Dobson: “We get consulted by governors, by senior people in the federal government. Everyone kind of wants the playbook: ‘Tell me what to do and I’ll fix it.’ And we tell them [to] make more subprime mortgages. And they tend to fold up their notebooks and head on… People are frustrated, right? People are super frustrated because you have this expectation that: ‘I did all these things, and now I should be able to buy a house, and I can’t.’ You want to blame somebody, right? And if you see me [Amherst] buying it, well, you’re like, well, it must be his fault, so I get it—I think it [that thinking] is dangerous.” “They [homebuilders] don’t have demand [from that lower credit score homebuyers like they used to], and they don’t have demand because their customers don’t have financing. And they [some sidelined buyers] don’t have financing because the mortgage market doesn’t take credit risk like [it used to]… So what we [Amherst] provide is a solution today.” Tightened credit boxed out homebuyers and helped draw institutional capital into the housing market Dobson says the typical Amherst tenant has a credit score too low to qualify for a mortgage in today’s market. Without single-family rental options, many of those households wouldn’t be able to live in the same neighborhoods or school districts they do now, he argues. That challenge reflects a broader shift in the mortgage market. In Q1 1999, borrowers in the bottom 10th percentile of mortgage credit scores had scores of 597. By Q3 2025, that threshold had risen to 660, reflecting that many lower-credit households had been locked out of homeownership following the bust, Dobson says. In Dobson’s view, those tighter lending standards—implemented after the housing bust that began in 2006—helped pave the way for institutional investors like Amherst to step in and fill the gap through single-family rentals. Says Dobson: “I sat with Chairman Bernanke, I sat with Yellen, and I begged them to try to get in the way of Dodd-Frank, because I knew what was going to happen, and we lost that. I said, ‘Okay, well, we’re going to get these families in these houses some way, and we have a lease and we have financing, we can operate the real estate. So let’s get the people in the homes and get their kids in the schools, and then let all the wizards figure out, like, what’s the better solution?’ Because today, there isn’t one until someone with a 625 FICO can go borrow money at about the same rate that you and I can borrow at, there isn’t a better solution. And so that’s, you know, if you want to blame somebody, it’s the knee jerk, explainable, but too long in place reaction to the subprime mortgage crisis.” Greater homebuilding activity is helping improve affordability more quickly in Florida and Texas During our conversation, I asked him for his thoughts on the current regional housing market variation—specifically, why pockets of Florida and Texas have weakened more than markets in the Midwest and Northeast. According to Dobson: “The common theme amongst the markets that are retracing? So Austin, you mentioned Jacksonville, which is not quite as bad Western Florida—the Tampa Bay area, Cape Coral has been really, been really tough. I would say the common theme is those are places [where] it’s pretty easy to build, and as home prices moved above, kind of their construction costs, they naturally kind of tend back down. And so those places, the market did what the market is supposed to do, right? Prices were rising and rising quickly, and homebuilders came in and they built a lot of supply, even in a place like Dallas. So we [Amherst] tend to spend [time looking at local data]—because we’re like you [ResiClub], we’re in the housing market [data] all day, every day. So we don’t really do that much work on like the ‘U.S. housing market’. We do work on much smaller micro footprints. But if you take a place like Dallas—Dallas overall [in aggregate], seems like it’s okay, healthy, not great, [but] not weak. But if you bifurcate the homes by vintage year, and look at their price movements, then Dallas looks a lot like Cape Coral [in certain areas]. The new home construction market [areas] in Dallas looks a lot like Cape Coral. So builders came out—they did, you know, getting land permitted, getting lots of them platted, getting horizontals in all takes time. So there’s always a lag between when the housing market really wants to buy the homes and when builders can deliver them. And that oftentimes [it] creates too much supply [at once] trying to squeeze through a channel that [also has] waning demand.” Institutional single-family homebuying has slowed—could it accelerate again? At the height of the Pandemic Housing Boom, institutional homeowners—those owning at least 1,000 single-family homes—made up an all-time high of 2.4% of home purchases in Q2 2022, according to John Burns Research and Consulting. That period, at the tail end of the boom, was when yields were particularly attractive as borrowing costs were ultra-low, home prices were soaring, and rents were climbing rapidly. However, since mortgage rates spiked and capital markets shifted, their share has fallen to around 0.3% of transactions over the past three years. The math isn’t as favorable now. What, if anything, could pull more institutional capital back into the single-family housing market? According to Dobson: “We really think the answer to that question comes in this investor adoption question, right? Will state pension funds allocate and scale to single-family rental?” “The time that we’ve had to operate the [single-family] real estate has also made that core investor group aware that you can collect rents [from single-family rentals], you can provide good service, you can operate this as a piece of real estate. That track record is helpful, but the next wave of investing won’t come from the same sources of capital [private equity]. It’ll come from those core investors [like pension funds] finally saying, ‘You know what, a 5% or 6% cash on cash return that outpaces inflation by 50 plus percent every year has a spot in my portfolio and scale.’” View the full article
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Onity posts steady profit, sheds Rithm subservicing deal
The company posted its best quarter for funded loan volume and shared other green shoots including greater margins on less reverse mortgage business. View the full article
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A new study warns deep-sea mining could disrupt the marine food web, impacting what we eat
Drilling for minerals deep in the ocean could have immense consequences for the tiny animals at the core of the vast marine food web — and ultimately affect fisheries and the food we find on our plates, according to a new study. Deep-sea mining means drilling the seafloor for “polymetallic nodules” loaded with critical minerals including copper, iron, zinc and more. While not yet commercialized, nations are pursuing deep-sea operations amid rising demand for these minerals in electric vehicles and other parts of the energy transition, as well as for technology and military use. The researchers examined water and waste gathered from a deep-sea mining trial in 2022. What the study discovered University of Hawaii researchers studied an area of the Pacific Ocean called the “twilight zone,” about 650-5,000 feet (200-1,500 meters) below sea level. Their peer-reviewed findings, published Thursday in the Nature Communications scientific journal, say mining waste could affect anything from tiny shrimp smaller than .08 inches (2 millimeters) long to fish 2 inches (5 centimeters) long. That’s because, after mining companies bring the mineral-rich nodules up to the surface, they have to release excess sea water, ocean floor dirt and sediment back into the ocean. That creates a murky plume of particles about the same size as the naturally occurring food particles normally eaten by the zooplankton that swim at that depth. That’s a little more than half of the zooplankton in the ocean. If those organisms eat the waste particles — what senior study author Brian Popp called “junk food” — then that affects 60% of micronekton that eat the zooplankton. And that undernourishment is a problem because these tiny organisms are the food source up the chain — ultimately affecting commercially important fish such as mahi mahi or tuna. “Surface fish can dive down deep into the water, they feed on organisms down at depth,” said Michael Dowd, study lead author and oceanography graduate student. “If these organisms down at depth are no longer present because their food web has collapsed, then that can impact higher food webs and more commercial interests.” Impact on the water and alternative sources While other research has highlighted the negative environmental impacts from deep-sea mining of nodules, the focus is often the seafloor. This study looks at mid-water. The researchers said more work needs to be done to assess the appropriate quality and depth at which dirty water and sediment from sea mining could be returned to the ocean. But they said returning the excess directly to the ocean floor or at other depths could be just as environmentally disruptive as in the “twilight zone,” only in different ways. Popp said digging up the deep sea might not be necessary, and instead noted alternative sources of metals, including recycling batteries and electronics, or sifting through mining waste and tailings. “If only a single company is mining in one single spot, it’s not going to affect a huge fishery. It’s not going to affect a huge amount of water. But if many companies are mining for many years and outputting a lot of material, this is going to spread across the region,” Dowd said. “And the more mining occurs, the more a problem it could be.” Where deep-sea mining stands It might not be viable to simply halt ocean mining. The International Seabed Authority that governs mineral activity beyond national jurisdiction has already granted several contracts for exploration. In the U.S., President Donald The President has expressed interest in deep-sea mining operations amid tense trade negotiations with China that have limited U.S. access to China’s wide swath of critical minerals. In April, The President signed an executive order directing the National Oceanic and Atmospheric Administration to expedite the permitting process for companies to mine the ocean floor, and in May, the administration said it would consider selling leases to extract minerals off the South Pacific island of American Samoa. Last month, NOAA sent a draft rule to the White House to streamline operations. Environmental groups have advocated against deep-sea mining, citing not only the direct harm to wildlife and parts of the sea, but also the disturbance of planet-warming carbon dioxide that is currently sequestered in the ocean and on its floor. “It was well laid out in the study that the impacts wouldn’t necessarily be just the depth that the plume is released,” said Sheryl Murdock, a deep-sea postdoctoral researcher at Arizona State University who was not involved in the study. “The question being: Is it worth a few minerals to potentially destroy the way that the oceans function?” Diva Amon, a marine biologist and postdoctoral researcher at the University of California, Santa Barbara, praised the research for examining potential consequences. “All of this could lead to species illness, species movement, species death. And depending on the scale of this, that could have graver repercussions, like species extinctions,” said Amon, who wasn’t involved in the study but has previously worked with some of the researchers. “There’s a lot more research that needs to be done to be able to make an informed decision about how to manage this industry, if it does start, in a way that will prevent, essentially, serious harm to the ocean and ocean ecosystem.” Alexa St. John is an Associated Press climate reporter. Follow her on X: @alexa_stjohn. Reach her at ast.john@ap.org. Read more of AP’s climate coverage. The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org. —Alexa St. John, Associated Press View the full article
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There’s Finally a Better Way to View Your Nintendo Switch Play History
Yesterday, Nintendo launched a new Nintendo Store app for iOS and Android, finally catching up with Sony and Xbox. On the surface, it does about what you'd expect, making it easy to browse games and Nintendo news, and even purchase games outright (albeit through an in-app browser window, presumably to avoid funneling Apple hefty commission fees). But hidden in the tiniest, most out-of-the-way button in the app is a detailed tracker for your play activity—finally fixing a feature that Nintendo consoles have dropped the ball on since the original Switch launched way back in 2017. The Switch has its own activity tracker, but it doesn't tell you much Credit: Michelle Ehrhardt On their own, neither the Nintendo Switch nor Nintendo Switch 2 tell you much about your play history. It's easy to see, at least—you just need to select your profile picture in the top-left corner of the home screen to see your list of recently played games. But scroll down to check out your "Play Activity," and you'll quickly be disappointed. Most of my games don't show an exact playtime number, instead either simply saying I've "Played for a little while" or "Played for X hours or more." That's not very useful—and if try to you select a game to get more info, the system will just launch it instead. It's much less handy than, say, the daily playtime reports the Wii used to show you right on the system, which told you what day you played on and for how long. Thankfully, the new Nintendo Store app brings that detailed info back, and then some. How to view your playtime on the Nintendo Store appTechnically, there was already a way to get detailed Nintendo Switch play activity through your smartphone, but it required setting up parental controls for yourself, a lengthy process that doesn't serve much of a purpose if you're an adult. Now, though, the Nintendo Store app makes it easy, and it's glorious. Credit: Michelle Ehrhardt Just download and log into the Nintendo Store app with your existing Nintendo Account—the same one you used when you set up your system—and tap on your profile picture in the bottom-right corner. Scroll down to "Play Activity," and you're all set: You'll see a customizable list of your games, and tapping on any one will show you not just your total playtime, but which days you played on and for how long. Credit: Michelle Ehrhardt My only complaint is that you won't have any idea of your playtime until you tap into a game, although you can sort the games list by total time played if you'd like; that will put games under categories for over 100 hours of play, over 50 hours, over 10 hours, and so on. The app even tracks playtime for the 3DS and Wii UThe new app's coolest feature? It's not limited to Switch and Switch 2. This data goes way back, and if I scroll far enough (or sort by game system), I can also see my playtime for Nintendo 3DS and Wii U games. There is a catch—I don't seem to be able to see playtime by day for systems older than the original Switch, but I can see my total playtime, as well as how many separate days I played the game for. Again, to see your stats from these older consoles, you'll need to log in with the same Nintendo Account you used when you were playing on them—I've been using mine since the Wii U days. Credit: Michelle Ehrhardt I'm a sucker for these kind of metrics, even if they're not fully representative of my play (I tend to bounce between my profile and my husband's profile a lot, as well as between systems). As embarrassing as it can be to see that I've spent more than 100 hours in Breath of the Wild, playtime data makes it easy for me to remember what I've played without having to keep a Letterboxd style game diary. It also encourages me to spend more time with games I might have just glanced at before or, if I'm feeling guilty after seeing a particularly big playtime number, to put down the system and spend some time outside. View the full article