The Trump administration has proposed a wide range of environmental rollbacks. Its approach to deregulation reflects the way climate policy has become entangled in the culture wars https://t.co/JAjFJ40xjC ...

Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S.Sinclair, one of the largest broadcast station owners in the U.S., is launching a strategic review of its broadcast business that could result in a merger, CNBC has learned.The company and its advisors have already held deep discussions with potential merger partners, according to people close to the matter who could not speak publicly due to the sensitive nature of the talks.At the same time, Sinclair ...

Core Viewpoint - Tegna's shares increased nearly 30% following news of Nexstar's advanced talks to acquire the company, indicating strong market interest in the potential merger [1]. Company Summary - Nexstar is in advanced discussions to acquire Tegna, with the valuation expected to be well into the billions, following a previous $8.6 billion offer from Standard General that was blocked by the FCC [2]. - Tegna's CEO expressed optimism about deregulation, suggesting it would create significant opportunities for the company, and indicated a willingness to consider both buying and selling depending on market conditions [7]. - Tegna has received interest from other parties after the collapse of the Standard General deal, highlighting its attractiveness in the current market [7]. Industry Summary - The FCC is currently reviewing the ownership cap that restricts station owners from controlling more than 39% of U.S. stations, with indications that this cap may be lifted or eliminated under the current administration [3][5]. - The potential Nexstar-Tegna merger could lead to further consolidation in the local TV sector, contrasting with the more cautious approach seen in the broader media and tech sectors due to recent regulatory challenges [4]. - Smaller station groups and public interest advocates have raised concerns about the potential for monopolistic behavior if regulations are loosened, emphasizing the ongoing debate around media ownership and competition [5][6].

Post-crisis financial rules created 51 million work hours a year. Deregulators are now weighing which rules to keep and which to scrap,Read The Big Take ⬇️ https://t.co/nOY4gJzLKo ...

Financial Data and Key Metrics Changes - Total advertising revenue was within guidance range, with core advertising revenue up year over year on an as-reported basis [11] - Distribution revenues were below expectations, but still up year over year in the first half of the year and flat in the second quarter [11][30] - Adjusted EBITDA was comfortably above the midpoint of guidance range, driven by better-than-expected media expenses [11][31] - Consolidated media revenue was $777 million, slightly below guidance, reflecting expected industry dynamics in a non-political year [30] - Consolidated adjusted EBITDA was $103 million, exceeding the midpoint of guidance, but down $55 million year over year [31] Business Line Data and Key Metrics Changes - Local Media segment delivered adjusted EBITDA of $99 million, with distribution revenue of $380 million, down 1% year over year [28] - Tennis Channel generated adjusted EBITDA of $13 million, with total revenue of $68 million, up 1% year over year but below guidance [28] - Digital Remedy, now part of Sinclair, recorded $38 million in revenue and $7 million in adjusted EBITDA in the second quarter [30] Market Data and Key Metrics Changes - Multicast networks experienced record growth, with significant year-over-year coverage growth among Nielsen-rated broadcast networks [18] - Core advertising revenue was down 4.7% year over year, impacted by macroeconomic and tariff-related pressures [29] Company Strategy and Development Direction - The company is focusing on transforming its ventures portfolio towards majority-owned assets for greater operational control [11][14] - Sinclair is actively pursuing M&A opportunities following recent deregulation rulings, which are expected to enhance growth and synergies [20][21] - The company aims to leverage its strong balance sheet and financial flexibility to capitalize on M&A activity in the sector [27] Management's Comments on Operating Environment and Future Outlook - Management acknowledged macroeconomic uncertainties but noted signs of improvement in certain advertising categories [19] - The regulatory environment is viewed positively, with recent rulings expected to provide growth opportunities [21][24] - Management expressed confidence in the company's ability to navigate challenges and capitalize on upcoming opportunities, particularly with the return of sports programming [54] Other Important Information - The company appointed a new CFO, Narinder Sahai, who brings extensive financial leadership experience [5][7] - The acquisition of Digital Remedy for approximately $30 million is expected to enhance Sinclair's capabilities in omni-channel media activation [12][30] Q&A Session Summary Question: Regulatory commentary and potential M&A activity - Management indicated a strong position for potential M&A activity following recent deregulation rulings, which are expected to accelerate growth opportunities [20][50] Question: Subscriber trends with virtual distributors - Management noted that a significant virtual MVPD lost subscribers in the second quarter, but expects a rebound with the upcoming football season [43][44] Question: Contribution from announced deals and guidance on retransmission - Management expects tens of millions of dollars in additional EBITDA from upcoming JSA buy-ins and has adjusted retransmission growth guidance to low single digits [51] Question: Core advertising performance outlook - Management remains cautiously optimistic about core advertising performance, anticipating improved demand as sports seasons commence [53][54] Question: Guidance clarification and Ventures monetization process - Management clarified that the sale of four stations impacted Q2 and will affect Q3, and discussed the evaluation process for monetizing Ventures assets [58][62]

Uh, is the bull market intact. >> Yes. >> What is this then. Is this like a pause that refreshes. >> Yeah, pause that refreshes.And I think that the next leg of this bull market's going to come from a broadening out uh beyond just the AI story into three other thematics that are emerging and those are going to center on AI, delization, longevity, which we could talk a little bit about, and deregulation. And all what's unique right now about this setup is all four of those are interacting and communicating a ...

This week, the Trump administration moved to eliminate some of the most landmark climate change research on the dangers of greenhouse gases. The so-called endangerment finding has been called the holy grail of climate science and was laid out by the Obama administration in 2009. It's used to set greenhouse gas emissions from cars, factories, power plants, and other sources of climate pollution.This marks the Trump administration's boldest attack yet on climate change regulations. Joining us now, science wri ...

I often get asked, "What story am I most proud about writing?" I've been doing this now uh since the 80s, since back when there were typewriters in the office. I pick one that no one uh really knows about anymore. Uh you can't even find much evidence of it online anymore.This is a little over 25 years ago. I was working at a paper in Connecticut. I came across an issue that affected Candlewood Lake, which is, as many people in Connecticut know, it's the state's largest lake. People in western Connecticut kn ...

Core Insights - Bitcoin Depot Inc. has experienced significant revenue growth, primarily driven by BTM Kiosks, which contributed approximately 99.7% of total revenues in Q1 2025 [1][10] Group 1: Business Expansion - As of March 31, 2025, Bitcoin Depot had 8,463 BTM Kiosks installed across the United States, Canada, and Puerto Rico, with a median transaction size of $300 [2] - The company acquired Pelicoin, LLC assets in June 2025 to enhance its presence in the Gulf South region, expanding kiosk locations in Louisiana, Mississippi, Tennessee, Alabama, and Texas [2] - Bitcoin Depot entered into seven franchise profit-sharing arrangements and secured a deal with CEFCO for 72 locations, as well as a master placement agreement with EG America LLC for over 900 locations [4][5] Group 2: Strategic Asset Management - Bitcoin Depot has adopted a treasury strategy, holding more than 100 Bitcoins, indicating confidence in Bitcoin's long-term potential as a strategic asset and store of value [3][10] Group 3: Market Position and Performance - Bitcoin Depot's shares have surged 228.4% this year, significantly outperforming the S&P 500's gain of 8.3% [7] - The company trades at a 12-month forward price-to-earnings ratio (P/E F12M) of 10.98X, which is below the industry average [8] - The Zacks Consensus Estimate for Bitcoin Depot's 2025 earnings suggests a year-over-year increase of 176.7%, with 2026 earnings expected to grow at a rate of 10.3% [11]

AI在政府监管中的应用 - 美国政府计划利用AI工具（Doge AI）在特朗普总统第一年任期内削减一半的政府法规 [1] - Doge AI工具正在审查20万项联邦法规，以确定哪些不再是法律要求的 [2] - PowerPoint演示文稿显示，该工具可能为国家节省数万亿美元，并且已经在住房和城市发展部使用 [2] AI在客户服务中的应用 - 银行等机构正在使用AI客服，但效果参差不齐，存在无法转人工等问题 [3][7][8] - 消费者在使用AI客服时可能会遇到问题，例如银行卡被错误关闭 [3][7] - 尽管AI客服有所改进，但仍存在问题，需要不断完善 [7][8] AI技术的局限性 - AI可能只是从公开渠道搜集信息并进行总结，缺乏真正的分析能力 [4][5] - AI在某些方面表现出色，但在需要深度分析的领域仍有局限性 [4] - 行业对AI取代员工持谨慎态度，认为在客户服务方面仍需人工支持 [6]