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Tatiana Maksimova | Moment | Getty ImagesS&P 500 companies are keeping more profit from every dollar in sales than ever before, providing another tailwind for stocks.Using FactSet data, John Butters, senior earnings analyst and vice president at FactSet, showed that the S&P 500’s blended net profit margin is running at 16.9% for the second quarter. That’s up from 14.8% in the first quarter and 12.9% a year ago, and well above the five-year average of 12.4%. Net profit margin is the percentage of revenue companies get to pocket after they have paid all expenses.If that 16.9% figure holds, it would…
StemRad engineers, though, figured dressing as a medieval knight doesn’t really get you all that much. The human body, Milstein explains, isn’t uniformly vulnerable to radiation. “Tissues like the bone marrow are a lot more sensitive to radiation compared to the brain,” he says. Following this idea, StemRad developed a belt for nuclear first responders, worn around the hips, which hold roughly half the body’s bone marrow, the tissue that makes blood cells. Protecting even a fraction of the bone marrow lets a person regrow it and survive a high-dose exposure. So, StemRad, working with Lockheed Martin, expanded this idea…
Summer sun and sports fixtures helped the UK economy grow between April and June, according to official data, but some economists warned the outlook for the rest of the year was weaker.The economy expanded by 0.4%, in line with market expectations but below a 0.6% increase in the first three months of this year. The Office for National Statistics (ONS) said growth had “remained relatively robust”, with the UK ahead of other G7 countries for growth this year so far.Experts questioned whether this resilience would be maintained, however, given growth was fuelled by some temporary factors and energy prices could…
Aneel Bhusri, co-founder and executive chair of Workday, speaks at during the 5th Annual Workday Charity Classic in partnership with Stephen and Ayesha Curry’s Eat. Learn. Play. at Stanford Golf Course in Stanford, California, on Aug. 28, 2024.Noah Graham | Getty ImagesWorkday shares popped more than 25% on a report that private equity firm Silver Lake is in talks to buy the human resources software maker. Shares were briefly halted in late afternoon trading and the company’s market value last topped more than $53 billionWorkday and Silver Lake did not immediately respond to CNBC’s request for comment.Software stocks like Workday…
Luigi Mangione during a pretrial hearing at New York State Supreme Court in New York, US, on Tuesday, Aug. 11, 2026. David Dee Delgado | Bloomberg | Getty ImagesLuigi Mangione is expected to plead guilty Friday in his federal criminal case, where he is charged with stalking in connection with his alleged killing of UnitedHealthcare CEO Brian Thompson on a midtown Manhattan street in 2024, The New York Times reported Thursday, citing sources.Mangione is scheduled to appear in U.S. District Court in Manhattan on Friday for a pretrial conference with Judge Margaret Garnett, which was requested in a court filing…
Anthropic declined to comment. The startup led by Dario Amodei filed paperwork with the Securities and Exchange Commission in June, putting the company in a quiet period that limits public announcements about its financial performance. Anthropic has gained ground on rivals OpenAI and Google this year, releasing models that have outperformed competitors while focusing on sales to business customers. The group announced in May that its annualized revenue had surpassed $47 billion. Venture capitalists, sovereign wealth funds, and other institutional investors have poured just under $100 billion into the company in 2026. Anthropic’s valuation leapfrogged OpenAI’s for the first time…
A Reform UK councillor has been suspended from the party after non-recent social media posts appeared to show him calling for a former Commons Speaker to be hanged.In a post on X from 2019, Kirklees councillor Dave Rowan appeared to write “Hang the Dwarf” in relation to a post about John Bercow.Also in 2019, before he was a councillor, Rowan appeared to post homophobic and Islamophobic statements.A Reform spokesperson confirmed Rowan had been suspended pending investigation.On X, Rowan appeared to write: “As a parent not at school.. I don’t beleive gays should have kids full stop..”A separate message said: “Too…
Slack CEO Denise Dresser during TechCrunch Disrupt in San Francisco, Oct. 29, 2024.David Paul Morris | Bloomberg | Getty ImagesOpenAI said Thursday that Chief Revenue Officer Denise Dresser is leaving her role less than a year after she joined the artificial intelligence lab, a startling exit for a company that’s gearing up for what’s expected to be a blockbuster IPO.The company said Dresser is leaving “to pursue other opportunities,” according to a release. OpenAI has hired Dali Rajic, who previously served as the president and chief operating officer of the cybersecurity company Wiz, to replace her. OpenAI hired Dresser in…
Democratic candidate for U.S. Senate, Minnesota Lt. Gov. Peggy Flanagan, speaks during a primary election night party at First Avenue on August 11, 2026 in Minneapolis, Minnesota.Stephen Maturen | Getty ImagesState Rep. Francesca Hong was supposed to win Tuesday’s Wisconsin Democratic gubernatorial primary by around 20 percentage points, according to the latest public polling. Instead, the Democratic socialist lost by less than 1 percentage point. Hong’s stunning loss to the more moderate Milwaukee County Executive David Crowley is the latest in a string of massive polling misses in primary contests for the 2026 midterm elections. The misses come as more…
Stay informed with free updatesSimply sign up to the Russian politics myFT Digest — delivered directly to your inbox.Russian President Vladimir Putin’s visit to a disputed Pacific island chain has drawn a strong rebuke from Japan’s Prime Minister Sanae Takaichi, who warned that the move risked damaging relations.Putin reignited the more than 80-year dispute over the Kuril Islands, which the Soviet Union seized from Japan at the end of the second world war, with a visit on Thursday to Iturup, known as Etorofu in Japan.The trip was the Russian president’s first to the Kurils in his 26-year rule, though he…