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Bitcoin’s (BTC-USD) relative strength index (RSI) climbed to around 78, signaling overbought conditions as the cryptocurrency extended its volatile rebound from below $64K earlier in the week.
The RSI, a momentum indicator that measures the speed and magnitude of recent price
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Awards Award Winners Best Treasury and Cash Management Banks 2026 | Africa
Growing regulatory and data demands spur improved performance.
Financial institutions are fast-tracking the rollout of digital treasury tools as African markets grapple with growing regulatory hurdles and a need for instantaneous data. The winners of our Best Treasury & Cash Management Providers awards for Africa are at the forefront of this transition, showcasing advancements in liquidity planning, cross-border transactions, and cash management that are strengthening corporate treasuries throughout the region.
Best Bank for Transaction Banking
Best Bank for Financial Institutions
Best Corporate Cross-Border Payments Solution
STANDARD BANK
“Our objective is simple: The bank should enable treasury decisions, not delay them,” states Melanie Kingwill, head of Client Solutions at Standard Bank. Addressing increasing multi-country and regulatory complexity, the bank empowers treasurers through self-service tools. Kingwill explains that by shifting administration to clients, “we improve agility, strengthen governance, and reduce operational risk. More importantly, we free treasury professionals to focus on what matters most: liquidity, risk management, and supporting the strategic growth of their organizations.”
Thabo Makoko, Standard Bank’s head of Transaction Banking, emphasizes that digital investment paired with regional expertise creates a future-ready bank. He adds that the bank’s local insight helps clients navigate currency regimes and regulatory requirements across Africa.
Best Bank for Cash Management
Best Bank for Payments
ECOBANK
Ecobank saw significant 2025 growth. Omni Plus transaction values were up 24% and RapidCollect reached $10 billion, driven by investments in digital platforms and enterprise resource planning (ERP) integration that minimize manual friction. “Corporates operating in Africa are rethinking how they execute treasury across the continent. Historically, managing payments, collections, and cash positions across multiple African markets required significant manual effort, fragmented banking relationships, and disconnected operating processes. That model is now being displaced rapidly as clients consolidate their day-to-day treasury activity onto integrated digital platforms that deliver greater speed, visibility, and control,” explains Isaac Kamuta, Ecobank’s group head of Payments, Cash Management, and Client Access.
Best Bank for Long-Term Liquidity Management
RAND MERCHANT BANK (RMB)
RMB helps treasurers manage complex environments by balancing short-term liquidity with long-term growth through global liquidity-management tools like cash pooling, virtual accounts, and interoperable digital platforms for ERP integration. By providing digital cash-management tools like Balance View for consolidated visibility across jurisdictions, RMB enables precise management that allows treasurers to reduce interest costs and optimize yields throughout the cash flow cycle.
Best Bank for Collections
CIB
CIB dominates Egypt’s receivables segment with a 99.85% 0market share, processing over 650 million transactions from the fourth quarter of 2024 to the fourth quarter of 2025. The bank pioneered Egypt’s online ACH Direct Debit service, achieving top transaction volume, and CIB provides real-time cash concentration through more than 1,000 deposit-enabled ATMs, offering hourly reconciliation data for sector-specific forecasting. By leveraging partnerships like Fawry’s network for kiosk payments, and by deploying bespoke solutions like the Post-Dated Cheque module and petroleum-specific cash-collection tools, CIB maintains a robust, technology-driven omnichannel strategy.
Best Provider of Short-Term
Investments/Money Market Funds
BELTONE ASSET MANAGEMENT
With average weekly trading volumes of EGP 8 billion-EGP 10 billion (about $160 million to $200 million) and assets under management reaching EGP 55 billion, Beltone Asset Management is built for the new African economy. By focusing on small and midsize enterprises for financing and microfinance through its diversified ecosystem, Beltone serves as a prime representative of the current investment evolution.
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The US is ramping up its economic pressure on Iran after Treasury Secretary Scott Bessent declared the start of an “economic D-Day”.
According to Bessent, this represents “the single greatest financial offensive ever marshalled against an adversary.” He set out the position in a post on X late on Sunday and in a Financial Times opinion article published the same day.
Bessent stated that US President Donald Trump’s military campaign had “significantly dismantled Iran’s military capabilities and weakened its nuclear programme”. He added that the administration is now “entering the endgame” and that the economic measures begin at dawn.
The objective, according to the US Treasury Secretary, is to “sever every economic lifeline that sustains the tyrannical regime until Tehran stands alone”.
Bessent cautioned countries that continue to buy or transport Iranian petroleum, facilitate financial flows through exchange houses and free trade zones, handle flights, maintain ship registries or enable seaborne fuel transfers, that any remaining links would accelerate their own isolation.
The comments follow remarks by US President Donald Trump last week. At the time, Trump announced in a Truth Social post “the most crushing economic operation ever taken agaisnt any country!”
Despite both declarations, specific measures have not yet been set out.
According to Bessent’s outline, the package could centre on secondary sanctions against nations and entities that keep purchasing Iranian oil, process its finances, operate related banks or support shipping and other commercial channels, layered on top of the existing naval blockade.
Bessent is scheduled to hold a press conference at 7 PM CET on Monday to announce the concrete steps.
Oil prices are lower on Monday morning even as the rhetoric intensifies.
At the time of writing, Brent crude, the international standard, is trading at around $91.5 which is 2% lower than Friday’s close while West Texas Intermediate stands at roughly $86.2, about 1.5% lower than last week’s close.
The fall may stem from profit-taking after recent gains and from reports of a temporary rise in tanker movements through the Strait of Hormuz.
According to shipping information cited by Axios, around 40 tankers transited the southern channel on Friday night, moving roughly 16 million barrels of oil, higher than the 15-20 vessels recorded on preceding nights.
Overall volumes through the waterway remain well below pre-conflict levels.
On the other hand, US futures are also in the red ahead of market open while European stocks are trading flat.
Tariffs lose some heat as inflation pressure cools
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As the sports economy grows, insurers rush to cover risks from World Cup disruptions to NIL liabilities.
This article appears in the September issue of Global Finance Magazine.
On 104 separate occasions in June and July, World Cup organizers tried something new. They held games at 16 venues across Mexico, the U.S., and Canada. More games in more locations increased the risk of cancellation due to threats of terrorism, fire, and climate-related catastrophes, as well as cyber incidents and other disruptions.
Long before players took the field, a small army of insurance professionals analyzed risks, negotiated policies, and drafted contracts to help ensure FIFA would not suffer crippling financial losses if an event was canceled. FIFA carried about $1 billion in event-cancellation coverage for this year’s tournament, up from an estimated $900 million for Qatar in 2022, according to Mario De Cicco, vice president of Morningstar DBRS’s Global Insurance & Pension Ratings group.
FIFA is just one component of the mammoth worldwide sports industry, which the World Economic Forum estimates generated $2.3 trillion in revenue in 2025.
“It’s not only the large events like the World Cup which are becoming more frequent and more complex,” said De Cicco. “There is also growing participation at every level, from amateurs to professionals. So there are more potential financial losses, and that creates higher demand for insurance protection.”
The magnitude of the money isn’t the only thing that’s changed; the risks CFOs must insure against are also evolving. A decade ago, sports insurance meant stadiums, workers’ comp, and injured players. Today it means ransomware, brand damage, NIL (name, image, and likeness) contracts, and even sports-betting integrations with little or no actuarial history, forcing carriers and brokers to build coverage from scratch in real time for risks that may not have existed five years ago.
Burgeoning demand has transformed a specialty market into a profit center for insurers, according to De Cicco. Large carriers such as Zurich, Munich Re, Swiss Re, and Allianz dominate the top end, he noted, while niche players like American Specialty Insurance and Berkley Insurance add depth. Often, the largest sports insurance contracts are underwritten by a syndicate, using a risk-sharing structure to mitigate catastrophic losses.
College sports illustrate what can happen when rapid growth hits an area with little or no actuarial history. Much of the growth comes from NIL compensation and the revenue-sharing framework established by the landmark 2025 House v. NCAA decision, which turned university athletic departments in the U.S. into direct payers of athlete compensation — and bearers of financial risk when a star gets hurt.
Zurich entered the market in August 2025 with the sports-data firm Players Health, after about 15 years of providing coverage to schools and sports organizations. They built a product that reimburses institutions for NIL value when an athlete misses at least 40% of a season, up to policy limits of $2 million. However, for the new line, Zurich had no direct actuarial history.
“We weren’t pricing it blind,” said Marty Banaszek, head of Group Accident at Zurich North America; Players Health’s underlying injury data across sport and position helped to make the risk underwritable. Premiums run roughly 6% to 12% of contract value, weighted toward the highest-exposure positions: “starting quarterbacks, starting running backs,” Banaszek said.
Tate Gillespie, vice president of NIL Strategy & Partnerships at Players Health, helped build the product with Zurich. His “aha” moment came while working in sports at the University of Kansas, when the team’s starting quarterback, a player earning significant NIL money, was injured. A friend and eventual Players Health co-founder asked what the university’s risk management plan was, assuming there wasn’t one.
“You realize that’s not how the National Football League does it,” his friend said, pointing out that pro teams had been insuring against this kind of loss for years, but nothing like it existed in college sports.
The combined NIL and revenue-share market is approaching $3 billion today, Gillespie estimates, and he projects it will reach $4 billion to $5 billion in a year, with 30% to 40% annual growth. Banaszek frames buying behavior in financial terms: “These organizations really need to think of this spend as an investment portfolio, not dissimilar [to] how insurance or other financial institutions make investment decisions.”
That’s already the case, said Rory Lough, senior vice president at global brokerage Gallagher, who pointed out that NIL has broadened exposure well beyond the training room. It now includes athlete protection, contractual and business liability for collectives, and institutional compliance risk related to Title IX and employment classification.
“Stakeholders are no longer looking at insurance as simply protection against injury,” she said. That newly intangible category of risk — brand, data, governance — runs through nearly every exposure. Cyber touches it all, from contract records and fan payment data to medical files, compliance documentation, and more.
Cybercriminals target major sporting events for their high visibility, said Jeffrey Lang, senior vice president and California Platform Leader at brokerage Trucordia. However, the risk is particularly hard to price because of its relative newness and the perpetrators’ adaptability. A game-day ransomware attack on a stadium operator can simultaneously bring down payment systems, digital ticketing, security access, and broadcast feeds. Risk rises with AI deepfakes and misinformation that can derail a team’s reputation.
“How do you put a precise dollar figure on lost brand trust or broken sponsor confidence?” Lang asked. “You can measure the cost of rebuilding a damaged wall, but calculating the financial damage of a ruined reputation is much harder.”
Ten years ago, he said, he would talk with prospects about insuring their stadium against fire or property damage, covering concourse slip-and-falls, buying workers’ comp for staff, and securing basic coverage for player injuries or weather-related cancellations. If something broke or someone got hurt, the carrier absorbed the financial hit. That playbook, Lang said, no longer applies.
Much of the sports insurance build-out can be ascribed to the growth of major sports franchises, some of which have become multifaceted corporations, worth more than many Fortune 500 companies. They run real estate portfolios, media companies, and massive data operations.
But the nature of the insured is different too.
“The big difference between a sports franchise and a typical corporate entity is visibility,” Lang added. “If a corporate server goes down quietly, it’s an internal headache. If a stadium’s entry system fails live on international TV and in front of 70,000 fans, it’s global news instantly.”
Weld Royal is a contributing writer based in the U.S.
Here are the major earnings before the open Monday
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Robert Way
Evgeny Gromov/iStock via Getty Images
I’m A Celebrity bosses have tried to sign up a TV legend for years(Image: ITV/Shutterstock)
ITV bosses have reportedly been asking one talk show legend to sign up for I’m A Celebrity for years.
Despite the gruelling ITV reality show being one of the biggest shows of television, Vanessa Feltz has revealed that she won’t be heading Down Under anytime soon.
With a career spanning over four decades, it’s no wonder producers are keen to sign up the 64-year-old presenter but she won’t be swapping her life of luxury like Caitlyn Jenner, Coleen Rooney and Noel Edmonds – no matter how much they offer her.
When asked if ITV have been knocking on her door this year, Vanessa confirmed: “Not yet, but they usually are in touch but I have not changed my mind. I would be so appalling at it.”
“Every single thing they would ask me to do, I would be terrible. I think I’d be so terrible, it wouldn’t even be funny. I don’t think people would like it.
“I’d be bored, I’d be fed up, I wouldn’t like being hungry, I wouldn’t like being eaten by mosquitoes, I wouldn’t like the rats, the snakes and I wouldn’t like some horrible rat scuttling over my face.”
Vanessa continued on behalf of BetWright Casino: “I don’t care about seeing Australia or the jungle, I couldn’t care less and I like being where my family are in North West London or in East Cork. So, no, I’m not going to say yes but the funny thing is, every time I say no, they think I’m doing it for the money.
“Every time I say no, they offer me more money but I really mean no. I’m not bargaining. I do not want to go and that’s it. I think it would be absolutely terrible. I think I’d just look like an absolute cretinous idiot.”
Vanessa may not be tempted to take on the dreadful Bushtucker Trials but she is keen to face the roundtables on Celebrity Traitors but she says there’s one problem.
“I wouldn’t mind having a bash at The Traitors but I’m not sure I’d be any good at that because I think I’m so fluent and so many words come tumbling out of my mouth at all times, she explained.
“I never seem to stop for breath and I’m never fishing around for the next word. The vocabulary just runs and runs and I think people never believe a word I say.
“Years ago I did a show called Call My Bluff, where they had to guess are you lying or are you telling the truth?. They kept thinking I was lying when I wasn’t at all.
“So I think if I was on Traitors, people would just think I was a Traitor straight away and I’d be the first person, like Paloma Faith, on the bus going home within ten and a half seconds.
I’m A Celebrity… Get Me Out of Here! is due to return to ITV1 and ITVX later this year
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Venezuela’s aging oil port terminals are essentially imposing export caps on the country’s resurgent crude production, with tankers having to wait up to 30 days to load because of infrastructure in disrepair, power outages, and quality issues, Reuters reported this week, citing shipping data, sources, and documents.
SA Asks: What are the most promising oncology companies right now?
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Early Motown songwriter Janie Bradford Hobbs, who helped pen hits including “Money (That’s What I Want)” and “Too Busy Thinking About My Baby,” has died following an extended illness at a Los Angeles hospital, her family said Saturday. She was 87.
Bradford Hobbs was born in Charleston, Mo., and later moved to Detroit.
She was introduced in the late 1950s to Motown founder Berry Gordy by neighbor and singer Jackie Wilson. She joined Motown as a receptionist in 1958 and like many of the company’s employees took part in the creative process that helped make Motown a music industry powerhouse.
She and Gordy co-wrote “Money (That’s What I Want).” The song was recorded in 1959 by Barrett Strong and became an early hit. It was covered by the Beatles, which also become a hit.
“Too Busy Thinking About My Baby” first was recorded by The Temptations and later became a hit for Marvin Gaye. Bradford Hobbs also wrote songs for Stevie Wonder, the Supremes, Martha & The Vandellas and others.
“Janie was there with me from the very beginning, before there was even a Motown, and she will always hold a very special place in my heart and in the Motown family,” Gordy said in a statement.
“Janie was one of a special group I have always thought of as the original Motown family — the unsung heroes who believed in the dream before anyone knew what Motown would become,” Gordy continued. “She was one of the people who helped make Motown what it became.”
Bradford Hobbs later became head of writer relations for Jobete, Motown’s publishing company. After leaving Motown, she founded the annual Heroes and Legends Awards. The event spanned about 30 years, honoring music stars and awarding scholarships, according to her family.
She is survived by her husband, Wardean Hobbs; daughter, Nicole Hobbs; son, Lance Finney; and two grandsons.
Williams writes for the Associated Press.
Since early August 2026, several Venezuelan media outlets that have reported on businessman Alejandro Betancourt and his role at the helm of oil company North American Blue Energy Partners (NABEP) have faced attacks on X from a group of accounts defending his activities, praising Delcy Rodríguez’s administration, and disparaging María Corina Machado.
Hundreds of these responses came from inauthentic accounts that do not appear to be operated by regular users.
Cazadores de Fake News identified at least 75 such accounts on X, resembling trolls, whose activity led to 13 newly created websites posing as Venezuelan regional news outlets. On Instagram, another previously documented network of fake news accounts known as La Fábrica de Desinformación (“The Disinformation Factory”) has also published favorable content about Betancourt and his activities, acting as another front in the same communications strategy.
The analysis found that an influence operation in Betancourt’s favor began to be deployed in August, seeking to improve his reputation while discrediting journalistic coverage of the businessman amid his contacts with Rodríguez’s administration.
The operation remains active, and the number of accounts and fake outlets could grow.
Beginning August 11, journalists and Venezuelan media outlets reported to Cazadores de Fake News that posts about Betancourt were receiving large numbers of hostile responses, sometimes insults, almost simultaneously. The accounts questioned the posts and defended the businessman.
Among those targeted were journalists and social media personalities like Germania Rodríguez Poleo, Norbey Marín, and Emmanuel Rincón, as well as Armando.info, El Pitazo, EVTV, VPI TV, and Spain’s El País. The same accounts also respond to other users discussing Betancourt and, in some cases, to unrelated news.
Under different headlines, the fake outlets reproduced only the favorable portions of the article that portrayed him as an intermediary for Washington.
Based on their behavior and attack patterns, Cazadores de Fake News considers them part of a troll network: a group of fake accounts covertly and selectively spreading propaganda in Betancourt’s favor without appearing automated.
The accounts mix attacks with memes, sports comments, and everyday posts, making them appear more like ordinary users. This allows them to intervene in and discredit legitimate conversations without immediately being recognized as propaganda.
The network’s messages revolve around three main narratives. The first promotes and defends Betancourt and NABEP, the private oil company he leads and which operates Venezuelan fields under new concessions granted by the Rodríguez administration. The accounts portray the company’s activities as an opportunity for Venezuela’s economic development.
The second expresses optimism about Venezuela’s economy and, while celebrating Nicolás Maduro’s capture, simultaneously supports Rodríguez’s performance as acting president. The third, promoted less frequently, rejects Machado’s leadership of the Venezuelan opposition.
The 75 accounts fall into two groups: 62 that appear to be real people, with names, profile pictures, and short biographies, and 13 posing as news outlets.
The apparent personal accounts share a striking pattern: 61 were created between 2011 and 2015, with more than half created in 2013 or 2014.
Most follow between 90 and 200 accounts, have 80 to 120 followers, and have fewer than 300 posts. Some have no posts predating August 2026, despite having been created more than a decade ago. Cazadores de Fake News considers it likely that the accounts were purchased in bulk, a common practice for giving inauthentic networks an appearance of age and avoiding newly created profiles that are more vulnerable to suspension under X’s platform-manipulation policies.
The other X accounts do not present themselves as individual users. Instead, they pose as Venezuelan news outlets with generic names. As of August 19, 13 such accounts had been identified.
Several accounts posing as individuals have posted favorable comments beneath the fake outlets’ posts, creating the appearance of organic approval. Legitimate X users could interpret these exchanges as genuine conversations, even though both sides belong to the same network.
Twelve of the fake news profiles were created between January 2024 and July 2026 and have already accumulated between 5,681 and 18,900 followers. Yet none has published more than 157 posts. Their coverage repeatedly advances the same narratives as the accounts posing as individuals: favorable coverage of Betancourt and NABEP, support for Rodríguez, and attacks on Machado.
The operation extends beyond X. Almost all of the fake outlets link to websites using the same name as their X profiles. The sites are designed to resemble legitimate Venezuelan digital media, with sections for politics, crime, business, sports, and regional news.
Under Maduro, Cazadores documented similar campaigns favoring other Venezuelan oligarchs and their businesses, such as Alex Saab (2020) and José Simón Elarba (2026), the owner of waste-management company Fospuca.
The 13 domains were registered between July 26 and 27 using the same hosting provider, about a week before the coordinated X activity began. All operate on WordPress, and none has a contact page, editorial team, legal notice, advertising, or audience-measurement tools. In several cases, the same image appears on four or five different sites.
One of the clearest examples was the coordinated amplification of a Bloomberg article about Betancourt published August 17. The fake outlets reproduced, under different headlines, only the favorable portions of the article that portrayed him as an intermediary for Washington. They omitted other details mentioned by Bloomberg, including financial sanctions imposed in the United States on one of his partners and allegations involving the supply of power-generation equipment in Venezuela.
Content supporting the same narratives was also published by five fake news accounts and one influential account belonging to La Fábrica de Desinformación, a network of anonymous Instagram news accounts aimed at opposition audiences that Cazadores de Fake News has documented since 2020 as a recurring source of disinformation and pro-government propaganda.
Digital reputation operations benefiting businessmen linked to political power were a recurring feature under Nicolás Maduro. Cazadores de Fake News documented one deployed in favor of Alex Saab beginning in 2020, and in May 2026 identified a network of inauthentic accounts that attacked media outlets investigating José Simón Elarba while praising Fospuca, his company.
The evidence documented here indicates that such operations continue under Rodríguez’s administration.
Who commissioned the operation and how it was financed remain unanswered questions. What is documented is that, in four weeks, someone purchased dozens of old accounts, registered 13 domains, and activated six profiles from a previously exposed network—all serving the same purpose.
Zerbor
Corporate earnings this week featured a high-stakes lineup of reports from 12 notable companies across the consumer discretionary, consumer staples, information technology, industrials, and financials sectors.
Earnings Roundup:
Bottom Line: All 12 reporting companies beat consensus earnings estimates, with 11 delivering
It’s as though Kyle Tucker accidentally became important at work and it ruined his life.
He just so happened to be the best available right fielder on the free agent market at the moment in time that the Dodgers were craving an uptick in right field and another functional bat to further fortify their lineup.
Basically, they wanted just another cog in the machine to help clear a path to a third consecutive World Series championship.
And because money is no object — to the objection of the rest of baseball — instead of offering Tucker a long-term deal with annual pay more in line with his talents, the Dodgers slapped a four-year, $240-million deal on the table.
Dodger Kyle Tucker talks with manager Dave Roberts in the dugout on Aug. 15.
(Gina Ferazzi/Los Angeles Times)
Said, essentially: Hey, guy, how would you like a Major League Baseball record for average annual value — about $57.1 million per year — not to be the man, but to be a guy?
Not to outshine Shohei Ohtani and his starry pals, not to move merch off the field or do huge numbers on it. Just to quietly do what he did the previous season as a Chicago Cub, when he slashed .266/.377/.464 with 22 home runs, 73 RBIs and 25 stolen bases in 136 games.
It must have felt like winning the lottery. All the introverted Tucker had to do was be his normal self with the understanding that no one expected him to live up to that Ohtani-type contract, that Juan Soto-esque dough, that Aaron Judge-level cheddar.
It wasn’t that too much was expected of Tucker, it was that only so much was.
That was a weird place to start. And it obviously didn’t help him find his footing as a Dodger, because he still hasn’t gained traction.
“I mean, it’s been a struggle in the sense that I’d like to help our team win and perform better for the guys in the clubhouse and the fans that come to the games,” Tucker said Friday. “In that aspect, I wish I would’ve done better this year. But like I said, we’ve still got a month and a half left and the playoffs coming up, so it’s not over yet.”
We can’t, of course, say “poor Kyle Tucker” as he strains — less stoically now — to figure it out with the postseason closing in.
But we can wonder if it was a poor decision by the Dodgers, with all of their top-flight minor league outfield prospects, to splurge so steeply?
We can ask whether they should have taken into account the mental makeup of a man who they were asking to carry the weight of a contract so unwieldy he should be embarrassed by it — which is how Tucker looks when he does his inhibited version of the hip-lock, arm wiggle-and-wave dance moves all the Dodgers do when they reach base.
Tucker just hasn’t looked like a true blue Dodger yet; he hasn’t been able to cut loose — especially not here in L.A.
Brandon Gomes, Dodgers executive president and general manager, helps new signee Kyle Tucker put on a Dodgers jersey during a news conference at Dodger Stadium on Jan. 21.
(Ronaldo Bolaños/Los Angeles Times)
After going 0-for-4 in Friday’s 5-4 victory over the Pittsburgh Pirates, Tucker is hitting .186 with a .552 OPS at Dodger Stadium. He went 0-for-19 in the Dodgers’ last homestand, when even a game off did nothing to unscramble his mind.
Overall, he’s had it rough in the outfield too, where Statcast’s Fielding Run Value (FRV) measuring a player’s overall defensive value has him rated 96th of 97 right fielders this season.
At present, it doesn’t help that Tucker is one of two high-profile Dodger free-agent busts-so-far.
All-Star closer Edwin Díaz has blown four saves while saving just seven games this season in between stints on the injured list — Tucker and Díaz, insult to injury. For the high-high price of a combined $309 million.
Still, the Dodgers are 78-51. They have the second-best record in baseball, with two fewer wins than the Milwaukee Brewers.
And on the road, Tucker has given the Dodgers more of their money’s worth, hitting.272 with a .820 OPS.
So after Wednesday’s two-hit game to close out a sweep in Colorado on Wednesday, Tucker came home and tried the slump-busting tactic of taking batting practice outside on the field Friday for the first as a Dodger.
“Just trying to put up good swings tonight, good at-bats,” he said. “Just trying to move guys over, get guys in, do my part to try to win.”
The crowd participated too Friday, giving Tucker ovations more befitting a hitter on a heater than one on ice each time he stepped to the plate, where he put up a fight all night.
He saw 31 pitches, walked and hit into a 10th-inning fielder’s choice that moved Kiké Hernández to third base before he scored on Tommy Edman’s walk-off single.
Moral victories for $240 million, Alex? That’s not what the Dodgers bargained for.
But they’ll take it.
“I loved his at-bats,” said Roberts after Friday’s victory, picking up where the Dodgers’ crowd left off. “That’s one of the things I’m going to make sure I do, is encourage him.”
Because one magic moment in October will make it all worth it.
Anthropic (ANTHRO) could seek as much as $100B from its much-anticipated U.S. initial public offering, the AI company’s bankers have said during recent discussions with potential investors. The New York Times reported, citing two people familiar with the matter.
The
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The amount of Iranian oil offered to Chinese buyers has declined sharply and is rapidly running out, while prices have jumped, Reuters reported Friday, showing the effectiveness of the U.S. blockade of Iran’s ports in preventing new supply from leaving the Persian Gulf.
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Boeing (BA) engineers and technical workers rejected the company’s four-year contract offer and voted in favor of a strike authorization, union officials said Friday.
The 17,000 members of the Society of Professional Engineering Employees in Aerospace voted overwhelmingly to give its negotiating
If not renewed, CISA 2015 protections end in the US on September 30.
This article appears in the September issue of Global Finance Magazine.
Companies that share cybersecurity information with their peers have until Sept. 30, 2026, before the limited liability granted by the Cybersecurity Information Sharing Act of 2015 runs out, exposing them to potential regulatory scrutiny and penalties.
Under the Act, non-federal entities may share anonymized cyberattack and response information with other non-federal entities and the federal government via the Automated Indicator Sharing (AIS) program operated by the U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA).
In July, 23 industry associations that represented the financial services, energy, technology, transportation, healthcare, and retail sectors wrote to Speaker of the House Michael Johnson (R-LA) requesting an extension to the Act since it is “a foundational component of the nation’s cybersecurity.”
However, some view AIS as a relic of an earlier era of cyberdefense that provides machine-readable cyber threat indicators and defensive measures against malicious IP addresses, file hashes associated with malware distribution, and known malicious web links.
“It was a failure from the get-go, and it accomplishes nothing,” Milton Mueller, a professor of cybersecurity policy at Georgia Institute of Technology’s Jimmy and Rosalynn Carter School of Public Policy, told Global Finance. “No one will notice when it’s gone.”
A web post by Mueller earlier this year cited a DHS Office of Inspector General (OIG) report stating that non-federal participants using AIS fell to fewer than 90 in 2024 from a high of 304 in late 2022. The report also noted that alert volume on the platform dropped 93% between 2020 and 2022. Though there was a surge in alerts, to 10 million from 1 million, the OIG found that 89% of the data came from a single private-sector participant.
“The non-Federal participants we interviewed stated that they find AIS useful and an effective tool for protecting their systems from cyber threats,” wrote the report’s authors. “However, the number of non-Federal participants remained lower in 2023 and 2024 than in previous years. AIS now has 87 non-Federal participants compared to 252 in 2020.”
Nonetheless, the House of Representatives included an extension to the Act in part of the 2027 National Defense Authorization Act, which is waiting for Senate approval.
In July, the Trump administration sidestepped legislative concerns and created “Gold Eagle,” a clearinghouse to share cybersecurity vulnerability information and coordinate responses among private industry and federal agencies, including the U.S. Treasury Department, CISA, and the U.S. War Department, formerly the Defense Department. The new system will be powered by frontier artificial intelligence, which emulates and may surpass human-level intelligence.
Although CISA 2015’s renewal is up in the air and details regarding Gold Eagle are sparse, private industry has had formalized cybersecurity data-sharing programs since 1999.
“There is plenty of threat intelligence sharing going on,” said GeorgiaTech’s Mueller. “There are commercial services, sectoral nonprofit Information Sharing and Analysis Centers (ISACs), and industry consortia like the Cyber Threat Alliance.”
The newly rebranded Alliance for Critical Infrastructure (formerly the Tri-Sector Executive Working Group) seeks to bring together critical infrastructure operators to strengthen national resilience and reduce systemic risk, while sustaining economic continuity.
The 501c(6) non-profit industry coalition started with nine founding members: American International Group Inc., AT&T Inc., Berkshire Hathaway Energy Co., Consolidated Edison Inc., JPMorgan Chase & Co., Lumen Technologies Inc., Mastercard Inc., The Southern Co., and Xcel Energy Inc.
Since its formation, the organization has been on a membership drive, with JPMorgan Chase CEO Jamie Dimon reportedly having private conversations with numerous companies across industry sectors to join the alliance.
Despite the benefits of sharing cybersecurity data, such as faster and broader threat detection and coordinated responses, sharing that data is not risk-free for a corporation.
“When information is shared, one should assume that information could be obtained by others, including regulators, litigants, and insurers, and that can inform the nature, contour, and context of the sharing,” said Mary Alexander Myers, lead of law firm Jones Day’s Cybersecurity, Privacy & Data Protection practice.
For chief financial officers, uncertainty around CISA’s liability shield adds another costly risk to the existing risk landscape. As cyber governance moves from the realm of IT to a board-level issue, CFOs and other C-level executives will have to determine if a reauthorized CISA 2015 or Gold Eagle provides them with enough confidence to continue to share cybersecurity information without the fear of regulatory penalties.
Rob Daly covers fintech and the economy. Contact him at rdaly@gfmag.com.
