North America
CNBC Finance

CDC says massive cyclospora outbreak is now in nine states

The nation's largest multistate outbreak of cyclosporiasis linked to shredded iceberg lettuce has expanded to nine states, the Centers for Disease Control and Prevention said Friday. The four newly linked states — Illinois, Kansas, Oklahoma and Pennsylvania – join Indiana, Kentucky, Ohio, West Virginia and hard-hit Michigan. Cyclospora is a microscopic parasite that typically infects people through contaminated food or water and causes cyclosporiasis, a gastrointestinal illness that can result in symptoms including severe diarrhea. Patients can require hospitalization, but no deaths have been recorded related to the parasite this year. The outbreak is already the largest of cyclosporiasis reported in the U.S. this year, with thousands of illnesses recorded nationwide. That is well above the roughly 200 to 1,000 cases typically reported annually. Meanwhile, the Food and Drug Administration is investigating a separate cyclosporiasis outbreak linked to an unidentified food product or products. The U.S. is trying to investigate the sources of the parasite and contain its spread amid confusion over its response to the outbreak and staffing cuts that some experts say made it harder to curb it. In his apparent first public comments on the outbreak, President Donald Trump said on Friday that the U.S. would put "a major tariff" on Mexico "because of the lettuce." It is unclear if he was serious. U.S. health and food regulators have zeroed in on shredded iceberg lettuce supplied by Taylor Farms, a privately held, California-based company, from its plant in central Mexico. Mexican health authorities on Thursday said that samples of lettuce and water from the facility tested negative for cyclospora. However, that result does not disprove the Food and Drug Administration's earlier identification as Taylor Farms de Mexico as the likely source of the outbreak. The earliest cases began showing symptoms in mid-May. Moreover, the long incubation period for infection means that the crop responsible would have been distributed weeks ago. Last week, the FDA said that the produce giant supplied the shredded iceberg lettuce to the Taco Bell restaurants where people ate before becoming ill. Taylor Farms issued a voluntary recall for all iceberg lettuce sourced from its Guanajuato, Mexico, facility, and Taco Bell pulled the affected lettuce from its restaurants. The CDC has so far tallied 1,947 people infected with cyclospora who also reported eating at Taco Bell in the nine states. Illnesses in the outbreak tied to iceberg lettuce began on June 22 and have continued through July 20, the CDC said. The federal count has lagged behind state tallies, so some of the states hit by the outbreak have reported much higher numbers of infections. But Taylor Farms has drawn criticism for its response to the outbreak. Some health experts blasted its recall notice, which included abbreviations and did not allow consumers to understand easily if they had bought or eaten any product that was at risk. After the FDA reported a false positive of lettuce samples from Taylor Farms on Sunday, the company issued a statement saying that the health agency had apologized. The FDA later clarified that it had not apologized to Taylor Farms, and the company deleted the statement on X, although it is still available on its website. The agency also said it still considered the company's iceberg lettuce the likely source of the outbreak.

CDC says massive cyclospora outbreak is now in nine states
Europe
The Guardian

60 Minutes adds new correspondents and contributors after key departures

Sebastian Junger, Trevor Phillips and Gianna Toboni. Photograph: Getty ImagesView image in fullscreenSebastian Junger, Trevor Phillips and Gianna Toboni. Photograph: Getty ImagesMedia60 Minutes adds new correspondents and contributors after key departuresNew York Times opinion columnist Ross Douthat has been named a correspondent, while Sebastian Junger, Gianna Toboni and Trevor Phillips have been named contributors The CBS broadcast 60 Minutes announced a new slate of correspondents and contributors on Tuesday that will help replace a group of longtime correspondents, including Scott Pelley, Sharyn Alfonsi and Cecilia Vega, who were fired this spring. The most significant addition to the lineup, announced in a memo to employees from the executive producer, Nick Bilton, is the New York Times opinion columnist Ross Douthat, who is joining as a correspondent. Bilton called Douthat, who is leaving the Times, “a thinker of uncommon rigor and a journalist of deep empathy”. The show is also adding three new contributors: the author and documentarian Sebastian Junger, film-maker Gianna Toboni and prominent UK journalist and political commentator Trevor Phillips, who was hired by CBS News as a global correspondent in June. Bilton also announced that Norah O’Donnell, a “powerhouse” former network anchor who has served as a contributor to the show, had been promoted to the role of full-time correspondent. “An exceptional lineup of journalists will be joining 60 Minutes, carrying on its tradition of fearless, independent and impartial reporting. I can’t wait for them to get started,” he wrote in the memo. Praising Douthat, Junger, Toboni and Phillips, Bilton wrote that they were “entrepreneurial journalists who understand how to reach modern audiences. Between them they have written books and magazine articles, produced documentaries, TV shows and podcasts, hosted live events and built brands on independent platforms.” Bilton’s announcement comes two months after the day known by some 60 Minutes staffers as “Black Thursday”, when the network ousted Vega, Alfonsi, executive producer Tanya Simon, executive editor Draggan Mihailovich and multiple producers. Pelley was fired – “for cause” – the following week after challenging network management in a series of meetings. But, the show’s leadership was able to retain the services of longtime correspondents Lesley Stahl, Bill Whitaker and Jon Wertheim, who decided to “stay and fight” by remaining in their roles. While the show’s staff largely takes off the month of July, Bilton said the show had “so many stellar pieces in the works” for the new season, which begins on 13 September. Since leaving the network, Pelley, Alfonsi and Vega have all accused CBS News leadership of meddling with the show’s editorial independence, a charge the network has denied.

60 Minutes adds new correspondents and contributors after key departures
North America
CNBC Finance

Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings

Shares of grocer Albertsons sank more than 20% on Thursday after the company lowered its fiscal 2026 outlook, citing softer demand and a more cautious consumer. The company said it is now "moving decisively" to invest in the customer experience because it believes that will improve its growth trajectory. "In the first quarter, our digital and pharmacy businesses continued to deliver strong growth, while core grocery faced increasing pressure from softer industry unit trends and a more cautious consumer," CEO Susan Morris said in a statement. The company's outlook cut comes amid broader signs that U.S. consumers have scaled back their grocery trips. Food inflation and tighter budgets due to high gas prices, among other factors, appear to be hurting spending. For the full year, Albertsons said it now expects net income between $1.75 and $1.85 per share, down significantly from its previous expectation of between $2.22 and $2.32 per share. It also lowered its adjusted EBITDA guidance to a range of between $3.55 billion and $3.625 billion, compared with a previous projection of between $3.85 billion and $3.925 billion. It also now expects identical sales, a metric similar to comparable sales, to be in a range of down 1.5% to down 0.5%, compared with a previous expectation of flat to up 1%. For the first fiscal quarter of the year, the company reported that identical sales fell 0.8%. Albertsons reported net income of $84.7 million, or 17 cents per share, compared with $236.4 million, or 41 cents per share, in the year-ago period. Still, Morris said on a call with analysts that while the pressure on consumers is weighing on near-term earnings, the company aims to "improve traffic, units, loyalty and the overall trajectory of the business over time." Get this delivered to your inbox, and more info about our products and services. Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings
Europe
BBC Business

Chip firms fall in US and Asia as AI jitters rattle investors

Image source, AFP via Getty ImagesByOsmond ChiaBusiness reporterPublished9 minutes agoShares in major chip firms have fallen sharply in the US and Asia as a sell-off in artificial intelligence-related stocks deepened. Trading on South Korea's benchmark Kospi index was paused temporarily on Tuesday morning after sliding by 8%. It fell further after the 20-minute halt was lifted to trade around 10% lower. The slump was led by technology firms, with Samsung Electronics and SK Hynix both falling by more than 10%. It comes after AI chip giant Nvidia fell by 5% in New York on Monday, meaning it lost its position as the world's most valuable listed company to Apple. The tech-heavy Kospi has been halted eight times so far this year under a stock market mechanism known as a circuit breaker, which is designed to calm panic selling. The index had more than doubled from the start of the year to mid-June but has since lost around a third of its value. In recent months, stock market trading has been particularly volatile in South Korea as it has attracted large numbers of retail investors. On Monday, US-listed shares in SK Hynix fell by 7.5% to well below the $149 offer price when it made a record-breaking debut on the Nasdaq on 9 July. Japan's Nikkei 225, which is also dominated by tech companies, was almost 4.5% lower on Tuesday morning. Nvidia shares fell on Monday after the Wall Street Journal reported that it is in talks to provide around $250bn for OpenAI as part of a massive data-centre project. The decline allowed Apple to overtake Nvidia as the world's most valuable company after the iPhone maker rose by about 25% this year. As governments and companies spend hundreds of billions of dollars on developing AI capabilities, some analysts have questioned whether the technology can become profitable enough to recoup such huge investments.

Chip firms fall in US and Asia as AI jitters rattle investors
North America
CNBC Finance

American Airlines slashes 2026 earnings outlook as fuel costs spike

American Airlines further cut its 2026 earnings outlook, citing higher fuel costs, a sign that a jump in fares isn't enough for the U.S. airline that flies the most to fully offset this year's spike in fuel prices. American said it could post an adjusted loss per share of as much as 65 cents up to earnings per share of 65 cents this year, below the range it estimated in April between a loss of 40 cents per share up to earnings of $1.10 a share. Fuel prices have been volatile even in the few short weeks of the U.S. airline earnings season that kicked off in July, which has clouded the outlook for airlines this year. Carriers say strong demand and higher fares are helping offset some of the spike. Fuel is airlines' biggest expense after labor. For the current quarter, American said it could report an adjusted loss of between 70 cents a share and 10 cents a share, below the 28 cents a share in earnings Wall Street expected, but it forecast revenue to rise between 16% to 19%, above the the 16.6% analysts project. American CEO Robert Isom told CNBC in an interview last month that the carrier's "long-range" plan is to close the margin gap that has widened with profit leaders Delta Air Lines and United Airlines but he didn't give a timeframe for that goal. American is planning to order new wide-body aircraft this year and will add more high-yielding premium seats to older jets, Isom said. American's profit in the three months ended June 30 fell 88% from a year earlier, to $71 million, or 11 cents a share, down from $599 million, or 91 cents a share, a year earlier. Revenue rose 16.3% to $16.74 billion. Passenger revenue per available seat mile, a measure of airlines' pricing power, rose 10% from last year. Get this delivered to your inbox, and more info about our products and services. Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

American Airlines slashes 2026 earnings outlook as fuel costs spike
Europe
BBC Business

Burnham says pupils in England need clearer pathway into work

Image source, Getty ImagesByBranwen Jeffreys, Education Editor, Nathan Standley, Education reporter and Toby MannPublished27 July 2026Updated 1 hour agoChildren should be given a clearer pathway into work from the age of 14, Prime Minister Andy Burnham has said as he unveils reforms that will allow pupils in England to study subjects like manufacturing and AI alongside core academic learning. The government said the courses, available from Year 10, would be linked to local jobs and industries. Data published earlier this year showed more than one million young people across the UK were not in education, employment or training, or "Neet" - the highest level in more than 12 years. While the government is describing it as a "fundamental change to the education system", there are few details behind the broad political vision. The Association of School and College Leaders, which speaks for many secondary headteachers, said they welcomed the ambition of preventing young people falling out of education or work at 16. With schools already asked to manage on tight budgets and support radical reforms to special educational needs, the union also said there was an issue of capacity. Burnham said that "for too long" students had been told to take academic subjects to "do well and be respected". "My message to young people is this - whether you choose construction, coding or classics, or maths, manufacturing or mechanics, you'll get the skills you need and be given the respect you deserve," he said. The government, he added, was delivering the "major shake-up" required to fix the youth unemployment crisis in Britain, starting with improving the availability and quality of technical education. Pupils, the government said, would be able to combine subjects such as English and maths with high-quality technical education linked to the jobs available in their area. "They will be able to spend time with employers and gain real-world experience," it said. In an Op Ed piece for the Times, external, Burnham wrote: "In the age of AI, practical and technical skills haven't become less valuable - they've become more valuable than ever. Britain will need brilliant engineers, electricians and cybersecurity experts more than ever before."

Burnham says pupils in England need clearer pathway into work
North America
CNBC Finance

Comcast earnings highlight NBCUniversal strength ahead of planned split

Comcast's second-quarter results on Thursday showcased strength at NBCUniversal — particularly in its TV and film units — as the company prepares to split its media and broadband businesses apart. NBCUniversal's streaming service, Peacock, hit profitability during the quarter for the first time, Comcast said, giving the media business a lift. The streaming service also benefitted from live sports including the FIFA World Cup and NBA postseason and brought in new subscribers. Revenue in the company's content and experiences division, which includes media unit NBCUniversal, rose almost 23% year over year. Meanwhile, it was a different story with the traditional cable and connectivity business. The company said that its shifted strategy for the broadband business is "gaining traction" following years of significant competition and pressure due to the rise of alternatives like 5G providers. But Comcast once again reported broadband customer losses for the period, and revenue for the connectivity and platforms segment notched down as its lower pricing plans and promotions took hold. The diverging storylines for broadband and media come weeks after Comcast said it would divide the two businesses into separate publicly traded companies. In Thursday's release co-CEOs Brian Roberts and Mike Cavanagh called the split "an important step toward creating two focused companies with the financial strength and flexibility to pursue their respective growth strategies." Revenue for the connectivity and platforms segment, which includes the Xfinity-branded broadband, mobile and cable TV offerings, was down 3% to $19.8 billion. Earnings before interest, taxes, depreciation and amortization for the unit dropped nearly 6% to $7.96 billion. Comcast lost 167,000 total broadband residential customers and 280,000 cable TV subscribers during the quarter. Mobile remained a bright spot with additions that once again marked a record quarter and brought its total to 10.2 million lines. Mobile has become a major driver and key part of Comcast's strategy to boost the broadband business. The content and experiences segment that houses NBCUniversal's TV, film and theme parks, saw revenue of $10.73 billion, boosted by the impact of the FIFA World Cup that began in mid-June and was aired in Spanish in the U.S. on the company's Telemundo network. Revenue for the TV media unit in particular benefitted from Peacock and an increase in advertising, and film studio revenue rose 25%. Theme parks revenue was up nearly 3% as softness at international parks offset higher revenue in Orlando. Overall revenue for Comcast was down 1.2% during the second quarter to $29.94 billion. On a pro-forma basis, accounting for the impact of Comcast's Versant spinoff that was completed at the start of the year, the company said quarterly revenue was 4.7% higher. Comcast reported adjusted earnings per share of $1.04, topping Wall Street estimates of 97 cents, according to LSEG.

Comcast earnings highlight NBCUniversal strength ahead of planned split
Europe
BBC Business

Is it time to stop using glue and labels on paper?

While paper or cardboard packaging might on its own be recyclable, the presence of a label, a seal or a coating can negate that. That's because non-recyclable adhesives, or "stickies" as they are known as in the industry, can cause damage to recycling machinery, make the resulting batch of recycled paper inferior, or even cause a batch of paper to be recycled to be rejected, according to scientists, external at NC State University. And that's a shame as paper is one of the most recycled materials in Europe - with around 74% of paper and board consumed in 2024 being recycled. In August, a new Europe-wide packaging, external and packaging waste regulation (PPWR) kicks in ordering that all packaging should be minimum 70% recyclable by 2030, rising to 80% from 2038. In addition, German law will also, external require stricter reporting and licensing fees. So, tackling stickies would be helpful. One solution has been to develop water soluble adhesives, external. That's the idea that three firms from Germany - Fraunhofer, Hermann Ultraschall, and Henkel - have come up with. It's no coincidence they are all German, as the country is known for its Packaging Valley, external, a hub for the packaging industry. Their efforts to innovate are partly a bid to satisfy ever tightening regulation around commercial recycling, and rising fines for those who fall foul. With that in mind, German research organisation Fraunhofer established the PAPURE project in 2023 to develop a laser-based heating process that can seal paper packaging without an adhesive at all. From September, when the project is set to officially close, Fraunhofer hopes to find an industry partner to take the technology to market. Fraunhofer researchers exhibited their work at the Interpack packaging trade show in Dusseldorf in May, and are hopeful that the interest they attracted will come to fruition. "There are not really many paper sealing technologies without any foreign materials, so it's a great technology and we feel it's likely that we can bring it to market," says researcher group leader Fabian Kayatz. Also in 2023, engineering firm Hermann Ultraschall bought the rights to develop a patented ultrasonic paper sealing technology, a process which it likens to welding.

Is it time to stop using glue and labels on paper?
North America
Yahoo Finance

Dyadic Announces Continued Listing on the Nasdaq Capital Market

JUPITER, Fla., July 24, 2026 (GLOBE NEWSWIRE) -- Dyadic International, Inc. (Nasdaq: DYAI) (“Dyadic” or the “Company”), d/b/a Dyadic Applied BioSolutions, a biotechnology company developing recombinant protein solutions across the life sciences, food and nutrition, bio-industrial and biopharmaceutical markets, today announced that Nasdaq has confirmed that the Company has regained compliance with Nasdaq Listing Rules 5550(a)(2) and 5550(b). The Company’s common stock continues to be listed and t

Dyadic Announces Continued Listing on the Nasdaq Capital Market