Connect with us

Business

Quantum Computing Stocks: D-Wave Earnings, Revenue Miss

Published

on

Quantum Computing Stocks: D-Wave Earnings, Revenue Miss

D-Wave Quantum (QBTS) on Thursday reported a bigger-than-expected second-quarter loss while revenue missed expectations as investors focus on the commercial growth of quantum computing stocks. D-Wave stock fell on the news. For the June quarter, D-Wave reported a 13-cent loss, narrowing from a 55-cent loss a year earlier.  Revenue came in flat versus a year earlier at about $3.1 million.…

Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Is the Grammys Canceling Its New Asian Pop Category After Backlash? Here’s What’s True This Week So Far

Published

on

Brian Doerksen

Despite growing public backlash following BTS’s decision to boycott next year’s Grammy Awards, the Recording Academy has given no indication it plans to cancel or eliminate its new Best Asian Pop Music Performance category. The category remains in place, submissions are proceeding on schedule, and the Academy’s leadership has publicly defended the decision rather than walking it back.

The controversy traces back to July 29, when all seven members of BTS announced through matching Instagram posts that they would not submit music for consideration at the 69th Grammy Awards, set for Feb. 7, 2027. The group wrote that they hoped their music could be “heard and loved for what it is, rather than being divided by region or language,” a statement widely interpreted as a direct response to the new category, which the Recording Academy had introduced a month earlier alongside four other additions.

What the New Category Actually Does

The Best Asian Pop Music Performance award, according to the Recording Academy, is intended to recognize artistic excellence in Asian pop music performances originating from or widely recognized within Asian markets, including but not limited to K-pop, J-pop and C-pop, with a requirement of meaningful use of one or more Asian languages. Critics have argued the category functions less as recognition than as a structural barrier, one that risks steering K-pop and other non-English Asian pop acts away from the ceremony’s marquee general-field categories, such as Album of the Year, rather than expanding their access to those honors.

Advertisement

The Academy’s Response So Far

Recording Academy CEO Harvey Mason Jr. addressed BTS’s withdrawal directly in a statement shared with multiple outlets, saying he was “saddened to hear that BTS has chosen not to participate in the Grammy Awards process this year, but as a music creator, I understand and respect their decision.” Rather than signaling any reconsideration of the category itself, Mason used the same statement to defend its creation, saying the Asian Pop category “was created to celebrate the depth, diversity and extraordinary growth of pop artistry coming out of Asia,” and adding that “more categories mean more artists’ work is recognized.”

Mason has also pushed back specifically on the idea that the new category limits artists’ opportunities elsewhere, stating that submitting music in a genre category, whether Asian Pop, jazz or country, does not exclude an artist from also being considered in the ceremony’s General Field, which includes Record of the Year, Album of the Year and Song of the Year.

Following the wave of criticism that followed BTS’s announcement, Mason issued an additional statement saying the Recording Academy will “continue to listen to the global music community, and work to honor and celebrate all the artists whose music moves the world.” While that comment acknowledges the ongoing conversation around the category, it stops well short of announcing any plan to cancel, rename or restructure the award, and the Academy has taken no formal action to remove it from the 69th Grammy Awards lineup.

Advertisement

Submissions Are Continuing on Schedule

Practically speaking, the category remains fully operational. The eligibility window for Best Asian Pop Music Performance runs through Aug. 28, and K-pop labels across the industry have continued weighing whether to submit music for the award despite the controversy surrounding its creation. According to reporting on the submission process, artists including Seventeen, Twice, Stray Kids, Ateez, Riize, Tomorrow X Together, aespa, IVE and Le Sserafim submitted work for Grammy consideration during the prior award cycle, and industry observers expect competition for the new category to proceed with nominees expected to be announced in mid-November, well ahead of the February ceremony.

Why Few Other Artists Have Joined the Boycott

Despite the intensity of the online backlash, relatively few other prominent artists have followed BTS in withdrawing from Grammy consideration. Experts have suggested this reflects BTS’s unusual position within the music industry rather than broad consensus that a boycott is the right response. Hye Jin Lee, a University of Southern California professor who studies Korean pop culture, said BTS’s decision signals that the group has reached a point in its career where it no longer feels the need to seek validation from Western institutions, a stance not every K-pop act can afford to take given the continued commercial value many artists still place on Grammy recognition and exposure.

Advertisement

A Debate Over the Term ‘Asian Pop’ Itself

Beyond the question of exclusion, some academics have raised a separate critique focused on the category’s framing. Writing for The Conversation, researcher Dorothy Finan noted that the new award’s wording appears to privilege idol-group pop production, the model most associated with K-pop, while giving comparatively little consideration to other forms of Asian pop music, including Japanese singer-songwriters like Kenshi Yonezu, who have little connection to idol-group production, or the diverse regional and linguistic subgenres that make up C-pop across Greater China. That critique suggests the category’s problems extend beyond simply whether it limits access to general-field awards, raising broader questions about who was consulted in shaping its definition in the first place.

A Familiar Pattern Across Award Shows

The debate over Best Asian Pop Music Performance echoes a longer-running critique from Black artists, some of whom have accused the Grammys of similarly pigeonholing them into specific genre categories in ways that limit their path to the ceremony’s most prestigious general-field honors. That parallel has featured prominently in commentary surrounding the BTS controversy, with critics arguing the Recording Academy is repeating a pattern of genre-based categorization that has drawn criticism for years, rather than addressing the underlying structural concerns those earlier critiques raised.

Advertisement

With the Aug. 28 submission deadline still weeks away and nominees not expected until mid-November, the Recording Academy has ample opportunity to make further statements or adjustments before the 69th Grammy Awards air on Feb. 7, 2027. Based on everything said publicly so far, however, there is no indication the category is being canceled, and the Academy’s leadership has consistently defended its creation even while acknowledging the controversy it has generated. Barring an unexpected reversal, Best Asian Pop Music Performance appears set to move forward as planned, with its inaugural winner determined by voting members later this year regardless of BTS’s absence from the pool of eligible nominees.

Continue Reading

Business

10 questions for Nick Rudd of The Rudd Group

Published

on

Business Live

The managing director of The Rudd Group — a UK-wide supplier to the hospitality industry — answers our questions.

Bob Rudd has been operating since 1989.

Charlotte and Nick Rudd, of pubs supplier Bob Rudd.(Image: Bob Rudd)

Nick Rudd runs The Rudd Group alongside sister Charlotte. The North East-based family firm was established in 1989 and supplies the hospitality trade through its Bob Rudd Leisure, Innstay and Clear Cool divisions.

What was your first job and how much did it pay? Working as a van assist when I was 16 at Bob Rudd, when my dad was MD. I worked 50 hour weeks for £50 per week!

What is the best advice or support you’ve been given in business? Always build a financial model for new projects and commercial decisions. Be 100% confident in your numbers, ensuring every initiative is commercially and financially viable rather than simply a vanity exercise. Delegate effectively. As responsibilities are passed on and the business grows, ensure communication is clear, expectations are understood and a complete feedback loop is in place. If instructions or activities have not been followed, this should be identified and addressed promptly. Too often, I hear “I passed this to so-and-so” which is not effective delegation. Not everyone will be the smartest person in the room, but almost everyone has the ability to work hard. Consistently outworking your competitors is often one of the greatest competitive advantages you can have.

What are the main changes you’ve seen in your business/sector and what are the challenges you’re facing? Controlling labour costs. The reduction in the Employer National Insurance threshold, the increase in Employer National Insurance rates, and rises in the National Minimum Wage — along with the knock-on effect on wider pay structures — have significantly increased labour costs.

Advertisement

These rising employment costs have placed considerable pressure on businesses and have contributed to an increase in pub closures. More recently, as we operate a significant vehicle fleet, rising oil prices have had a substantial impact on our cost base, increasing our operating expenses.

What would your dream job be? Stock trader in New York.

What advice would you give to someone starting out a career in your sector? Work hard and network well. This means working extra hours and often anti-social hours but it will pay off in the long term.

What makes the North East a good place to do business? On a purely commercial level, compared with many other regions, we experience significantly lower levels of traffic. With more than 60% of our workforce on the road, this reduces idle time, improves productivity and enables us to deliver a more efficient service to our customers. People-wise we work with many thriving community pubs and I have no doubt that much of their success is driven by the strong sense of community that exists across the North East. These pubs continue to play a vital role at the heart of their local communities. Working alongside other North East business owners, I’ve found the region to be home to a highly entrepreneurial community. We’re a practical, resilient group of people who are focused on getting things done and delivering results.

Advertisement

How important is it for business to play a role in society? Really important. For me, business has always been about people. The people who work with you, the customers who trust you and the communities they’re part of. If you look after those people, everything else tends to fall into place. We’ve always tried to build relationships that last. Some of our customers have been with us for decades and that’s something I’m really proud of. The pub trade is a good example. Pubs are more than businesses — they’re places where people meet, celebrate, catch up and support one another. If we can help a landlord make their pub a bit more successful, whether that’s through better entertainment, better equipment or simply being there when something goes wrong, then that’s good for them, good for their customers and good for the community. Supporting charities is equally important. We’re proud to support Re-engage, helping to tackle loneliness and strengthen communities through in person events. We often find that our colleagues get just as much from these events as the guests do.

Outside of work, what are you really good at? Not much, to be honest! I was a decent cricketer back in my teens but these days my talents are probably a bit less exciting — working out which ISA to choose and, if you ask my kids, winding them up at every opportunity!

Who would play you in a film about your life? Ted Lasso — don’t take life too seriously.

Which three people would you invite to a dinner party, and why? Andy Burnham, to see what his plans are for business. Del Boy, who’s one of my all-time favourites. And Eddie Hearn — it would be fascinating to hear how he has grown his family business.

Advertisement
Continue Reading

Business

Daiichi Life Group, Inc. 2027 Q1 – Results – Earnings Call Presentation (OTCMKTS:DLICY) 2026-08-07

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

Continue Reading

Business

Up to 5 Cups of Coffee a Day Is Safe and May Help Your Heart, American Heart Association Says

Published

on

Coffee/Caffeine

Coffee drinkers who have spent years feeling guilty about their second or third cup can breathe a little easier: the American Heart Association says drinking up to five 8-ounce cups of caffeinated coffee a day, roughly 400 milligrams of caffeine, is safe for most adults and may even carry real cardiovascular benefits.

The conclusion comes from a new scientific statement the AHA published July 20 in its flagship journal, Circulation, reviewing the accumulated evidence on caffeine, coffee and heart health. Scientific statements are formal reviews of cumulative research designed to guide clinical practice, and while they carry substantial weight, they are distinct from official treatment guidelines.

A More Generous Limit Than Previous Guidance

The new figure marks a notable shift from earlier research. A 2022 study had set the safe daily limit closer to three and a half cups, according to reporting on the updated statement. Dr. Sreenivas Gudimetla, a cardiologist with Texas Health Fort Worth, explained the change by pointing to what researchers call a J-curve relationship between coffee and health outcomes. “There’s what’s called a J-curve hypothesis, meaning you don’t get the benefit from coffee unless you consume moderate amounts of coffee,” Gudimetla said. “Moderate amounts of coffee seems to be sort of that sweet spot right now.”

Advertisement

Dr. Gregory Marcus, who chaired the statement’s writing group and serves as associate chief of cardiology for research at UC San Francisco Health, summarized the findings directly: “Caffeine consumed in coffee is a key part of daily life for millions of people, and in our review of the most recent research, for most adults, intake of up to 400 mg of caffeine per day, the equivalent of up to 5 cups of caffeinated coffee per day without added sugars or fillers, is safe and does not increase cardiovascular risk.”

Timing Matters as Much as Quantity

According to Gudimetla, when coffee is consumed may be just as important as how much. “You want to do it in the morning hours, don’t drink coffee as much in the afternoon or at night because it disrupts your circadian rhythms and therefore it will also alter your sleep pattern,” he said. “You won’t get enough sleep at night and we know that cardiovascular health benefits are seen with good sleep.”

Not Everyone Responds the Same Way

Advertisement

The statement’s authors and outside physicians alike have emphasized that individual responses to caffeine vary considerably. Gudimetla noted that researchers are identifying specific genetic factors that affect how different people process caffeine, with some individuals metabolizing it far more efficiently than others. According to separate reporting on the statement, inherited variations in a liver enzyme gene called CYP1A2 help determine how quickly a person’s body clears caffeine, meaning some people can comfortably handle 400 milligrams a day while others experience sleep disruption and blood pressure spikes at far lower doses. Gudimetla added that social and cultural factors, along with other behaviors such as exercise and heart-healthy habits, and even other medications, can all influence how caffeine affects a given individual, meaning the guidance doesn’t apply identically to everybody.

What You Add to Your Coffee Matters

The reported benefits appear tied specifically to black coffee rather than more elaborate coffee drinks. Asked whether the findings hold up once milk, sugar or flavored syrups enter the picture, Gudimetla said those additions can effectively cancel out coffee’s potential benefits. “Adding sugar, flavored syrups, additional dairy products could increase your caloric intake and therefore counteract the potential health benefits associated with coffee itself,” he said.

Specific Health Benefits Identified

Advertisement

Among the various cardiovascular outcomes reviewed, Gudimetla pointed to type 2 diabetes as showing the strongest association with coffee consumption, saying coffee appears to meaningfully lower that risk. He described the evidence on coronary artery disease and heart failure as showing either a slight benefit or a neutral effect, while noting a lower risk of stroke among coffee drinkers and a potential reduction in the risk of atrial fibrillation. The AHA statement itself echoed those conclusions, finding that moderate caffeine or coffee consumption is associated with lower risk of cardiovascular disease broadly, including coronary heart disease, stroke, heart failure and atrial fibrillation, as well as hypertension and type 2 diabetes.

One caveat Gudimetla flagged involves unfiltered coffee specifically, which contains a substance called cafestol that can raise LDL, or “bad,” cholesterol. He described that as essentially the one clear adverse effect identified, with the rest of the evidence pointing toward either a neutral or modestly positive relationship between coffee and cardiovascular health.

A Clear Distinction From Energy Drinks

The AHA statement drew a sharp line between coffee and other sources of caffeine, particularly energy drinks, which pack far more concentrated caffeine per serving, sometimes 40 to 69 milligrams per fluid ounce, three to four times more concentrated than a typical cup of coffee. The review found that higher caffeine intake at those concentrated levels was associated with genuine cardiovascular harm, including elevated risk of high blood pressure and irregular heart rhythm, even among healthy adults under 30 who would typically be considered low-risk.

Advertisement

Coffee Isn’t a Cure-All

Despite the encouraging findings, Gudimetla was careful to frame coffee’s benefits within a broader context of overall health habits rather than as a standalone solution. “The one thing I always like to remind people of is drinking coffee is not the sort of holy grail,” he said. “I think it’s something that can potentially help, but we all have to keep in mind healthy lifestyle: exercise on a regular basis, eat a heart healthy diet, don’t partake in other risks such as smoking, drugs or heavy alcohol abuse.” He added that studies examining the factors most strongly linked to overall survival consistently rank healthy lifestyle habits above even genetics, underscoring that coffee consumption should be viewed as one piece of a larger picture rather than a substitute for other cardiovascular protections.

The AHA statement’s authors have acknowledged that more research is still needed, particularly randomized controlled trials that can better disentangle caffeine’s specific effects from other compounds found in coffee, along with deeper investigation into how caffeine’s cardiovascular impact might vary across different sources and different individuals. In the meantime, for the roughly three-quarters of American adults who drink coffee daily, the new guidance offers a clearer and somewhat more generous benchmark than prior research had suggested, provided that morning cup stays black, stays moderate, and stays paired with the broader healthy habits doctors continue to emphasize.

Advertisement
Continue Reading

Business

Amrize AG (AMRZ) Q2 2026 Earnings Call Transcript

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript