#news

BREAKING: Nike stock, $NKE, collapses to its lowest level since September 2014, now down -78% from its all time high seen in 2021.

The stock has now officially erased over -$200 billion in market cap since its record high.

#leadbysport

Turns legacy Coterra is making about 12% more. Heard balancing should be done by October. Any news on different departments target date?

What other groups were affected last Thursday besides AP??

https://finance.yahoo.com/healthcare/articles/health-insurers-dropping-medicare-advantage-100000446.html

Thousands of seniors are receiving notification that their Medicare Advantage plan won't be available next year, and there's nothing they can do about it except find another option.
One in 10 Medicare Advantage policyholders face forced disenrollment this year, according to an analysis by researchers at the Johns Hopkins Bloomberg School of Public Health. That's as many as 2.9 million Americans.

https://www.bizjournals.com/sanantonio/news/2026/05/08/recession-gradual-sudden.html

https://www.jdsupra.com/legalnews/eeoc-sues-citizens-bank-for-disability-27163/

Looks like Bunch of fiserv folks coming to toast …

Paramount Skydance clears global regulatory hurdles for Warner Bros. Discovery acquisition, with approvals in nearly 70 countries

https://www.broadbandtvnews.com/2026/08/15/paramount-skydance-clears-global-regulatory-hurdles-for-warner-bros-discovery-acquisition-with-approvals-in-nearly-70-countries/

https://www.reddit.com/r/HoneywellAerospace/comments/1vp8vl0/six_weeks_after_hona_stock_began_trading_its_down/

Bollywood Anil is still around—I thought he was on the list.

You hear it first here at this sh---y place. Man want to ki-l his manager/coworker and burn up the facility and fabs

https://www.abc15.com/news/crime/chandler-man-accused-of-threatening-to-light-up-intel-facility-ki-l-coworkers

Rumor has it another acquisition is on the way.

I heard more layoffs in NYC this week.

https://www.reuters.com/business/jana-partners-cuts-stake-fiserv-filing-shows-2026-08-14/

https://www.reuters.com/business/jana-partners-cuts-stake-fiserv-filing-shows-2026-08-14/

Thanks to the Calgary Herald for the article. Congratulate your executives on their huge payouts...

https://smartcdn.gprod.postmedia.digital/calgaryherald/wp-content/uploads/2026/08/2026_CEOcomp_final.pdf

Nationwide layoffs at Cumulus Media have resulted in the departure of two long-serving radio personalities from KFRU in Mid-Missouri. David Gaines and Simon Rose were affected by these company-wide reductions. Rose had a career spanning 37 years at KFRU and 33 years at KBXR. His former co-host expressed disappointment, calling the cuts a loss for local radio. Cumulus Media recently emerged from Chapter 11 bankruptcy.

Columbia, Missouri

https://abc17news.com/news/2026/08/13/cumulus-media-layoffs-impact-longtime-mid-missouri-radio-hosts/

I really hate what this world has become.

https://stocks.apple.com/AxIssAcq9Q2qaVV9ET96sQQ

https://www.usatoday.com/picture-gallery/sports/media/2026/08/13/espn-layoffs-2026-damien-woody-ryan-clark-karl-ravech/91287319007/

Is R2B merging with B2B and what month is it happening?

This article confirms what a lot of posters have been saying. IBM Consulting needs a desperate restructuring

https://stocktwits.com/news-articles/markets/equity/ibm-openai-partnership-thousands-experts-engineers-ceo-arvind-krishna-letter/cZoq7fLRJho

Was it just me or was that LP update nothing new?

You heard it here first

INCOMING!

https://www.businessinsider.com/oracle-is-planning-another-round-of-job-cuts-this-month-2026-8

https://www.linkedin.com/feed/?lipi=urn%3Ali%3Apage%3Ad_flagship3_feed%3BCUb6w1OwSl2q07JA1aRFsw%3D%3D

That's No Moon, a game studio founded by industry veterans, has recently undergone layoffs. The exact number of affected employees remains undisclosed, though reports suggest roles in technical and environmental art were impacted. This news comes shortly after the studio publicly revealed its debut title, Crossfire. The studio has not released an official statement regarding the workforce reduction. It is currently unclear how these layoffs will affect the development of Crossfire.

Los Angeles, California

https://egw.news/gaming/news/36584/thats-no-moon-developers-of-crossfire-got-his-by-l-Si_xeNNb4

https://www.sandiegouniontribune.com/2026/08/11/sharp-healthcare-announces-restructuring-that-will-impact-260-workers/

A former senior editor has confirmed significant staff layoffs at BrooklynVegan. He stated that he and nearly all other employees were let go. Another former editor also announced her departure after a long tenure. Reports indicate layoffs may have also occurred at other music publications owned by the same parent company. These other layoffs have not yet been officially confirmed.

New York, NY

https://xpn.org/brooklynvegan-senior-editor-confirms-staff-layoffs/

1000 Verizon stores on the block,
1000 Verizon stores.
Sell one off or close it down,
999 Verizon stores on the block.

999 Verizon stores on the block,
999 Verizon stores.
Sell one off or close it down,
998 Verizon stores on the block.

Apparently, Xerox’s Toner and Supplies Business Is Booming in Q1 2026 (Google this)

Are layoffs still happening today?

https://www.calcalistech.com/ctechnews/article/rjrwxydizg

Not breaking any news, but this quarter ain't over yet!

https://www.reuters.com/legal/transactional/intel-launches-15-billion-share-sale-turnaround-rally-lifts-stock-2026-08-10/

Intel said on Monday it was planning to raise $15 billion through a share sale, as it looks to fund the costly build-out ​of its chip contract manufacturing business by cashing in on a stock surge ‌fueled by its turnaround efforts.

Sell now and buy back later!

Anyone from NY Fidelis hear anything today?