NBC’s “Today” show delivered another memorable live television moment Wednesday when co-anchor Craig Melvin inadvertently spoiled Jenna Bush Hager’s upcoming cameo in the highly anticipated sequel “The Devil Wears Prada 2,” prompting playful ribbing from his colleagues and a visibly stunned reaction from Bush Hager herself.
Jenna Bush Hager
The slip occurred during an April 8, 2026, segment in which the hosts discussed the upcoming film, set for theatrical release on May 1. While chatting about why the movie promised to be a hit, Melvin, 46, casually dropped the news: “By the way, you know how that movie’s going to be good? You know how I can tell? JBH is in it!”
The camera quickly cut to Bush Hager, 44, whose mouth fell open in surprise. “I don’t know that you were supposed to drop that bomb, but if you’re…” she trailed off, clearly caught off guard by the on-air revelation of her Hollywood cameo.
Savannah Guthrie, who had recently returned to the show after an extended absence, jumped in with a laugh: “This is live. You cannot tell Craig anything!” Weatherman Al Roker added dryly, “It is now!” referring to the newly public information.
Melvin attempted to backtrack, saying, “I thought it was common knowledge?” before apologizing directly: “Cut it out for the other feeds! Sorry about that JBH.” He later quipped, “My bad!” when asked if he had any other secrets to share. Guthrie teased him further, suggesting he “read your journal while you’re at it,” a nod to his habit of sharing personal insights.
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The lighthearted exchange highlighted the unpredictable nature of live morning television, where unscripted moments often become the most memorable. Bush Hager, daughter of former President George W. Bush and a “Today” staple since joining as a correspondent in 2009, has built a loyal following through her warmth, book club initiatives and family-oriented segments.
Details of her specific role in “The Devil Wears Prada 2” remain under wraps. The sequel reunites original stars Meryl Streep as fashion magazine editor Miranda Priestly, Anne Hathaway as Andy Sachs, Emily Blunt as Emily Charlton and Stanley Tucci as Nigel Kipling. The film has generated buzz since its announcement, with Streep and real-life Vogue editor Anna Wintour — the inspiration for Priestly — appearing together on the May issue of Vogue to promote it.
Bush Hager has a personal connection to the franchise’s fashion world. During the 2025 Halloween episode of “Today,” she dressed as Wintour while Guthrie portrayed Priestly, a costume choice the pair planned together and described as fitting perfectly for their on-air personas.
The cameo represents a small but notable step for Bush Hager into scripted entertainment, adding to her expanding portfolio beyond morning news. In January 2026, she announced a more substantial behind-the-scenes career pivot: executive producing the NBC drama pilot “Protection,” a U.S. Marshals-themed project created by “Quantico” showrunner Josh Safran. She joined Safran and producer Ben Spector as an executive producer under her first-look deal with Universal Television.
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Bush Hager described the producing opportunity as an exciting new challenge during an on-air segment with co-host Sheinelle Jones, saying, “Who knew I would ever do something like this?” The pilot order marked her first major foray into scripted television after more than 16 years focused primarily on hosting and contributing to “Today.”
The fourth hour of the program, now titled “Today with Jenna & Sheinelle,” has undergone significant changes since Hoda Kotb’s departure in January 2025. Bush Hager initially helmed the slot solo with rotating celebrity guests before Jones was named her permanent co-host in December 2025, with the new format launching in January 2026.
Melvin, who anchors the first two hours alongside Guthrie and frequently appears across the show, is known for his affable style and occasional on-air gaffes that endear him to viewers. His podcast “Glass Half Full with Craig Melvin,” launched earlier in 2026, has further showcased his storytelling abilities through candid conversations with guests.
Wednesday’s moment quickly spread across social media, with clips of the exchange circulating widely. Fans reacted with amusement, many praising the genuine camaraderie among the “Today” family. Comments ranged from “Classic Craig!” to expressions of excitement about seeing Bush Hager on the big screen in the fashion satire sequel.
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The incident underscores the delicate balance live television hosts must strike between preparation and spontaneity. While producers often work to keep certain announcements under wraps for strategic reveals, the fast-paced environment of a morning show — broadcast in real time to millions — leaves little room for error.
Bush Hager has maintained a relatively private personal life while sharing glimpses of her family, including husband Henry Hager and their three children, on the show. Her Read With Jenna book club remains a popular feature, and she recently expanded her literary efforts with additional initiatives.
For “The Devil Wears Prada 2,” anticipation has been building since the project was confirmed. The original 2006 film, based on Lauren Weisberger’s novel, became a cultural touchstone for its sharp take on the fashion industry and work-life balance. The sequel promises updated commentary on modern media, social influence and corporate culture.
No official statement has been issued by Bush Hager or NBC regarding the exact nature of her cameo or filming details. Representatives for the film have not commented on the on-air slip.
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The “Today” show has a long history of memorable live moments, from surprise announcements to humorous flubs that humanize its anchors. Wednesday’s exchange fits squarely in that tradition, turning a potential spoiler into an entertaining segment that showcased the hosts’ quick wit and close working relationships.
Melvin’s apology and the group’s teasing reflected the supportive dynamic that has helped the program remain a morning staple for decades. Guthrie’s return added another layer of familiarity, with her playful jab at Melvin resonating with longtime viewers.
As “The Devil Wears Prada 2” approaches its release, fans are eager for more details on the plot and new cast members. Bush Hager’s involvement, however minor, adds a layer of intrigue for “Today” audiences who have followed her journey from White House daughter to television personality.
In the broader context of Bush Hager’s career, the cameo and her producing role on “Protection” signal a willingness to explore new creative avenues while remaining committed to “Today.” She has spoken in the past about balancing her professional ambitions with family life and public service interests inherited from her parents.
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Industry observers note that such crossovers between news personalities and entertainment projects are increasingly common, allowing hosts to leverage their personal brands in fresh ways. Bush Hager’s executive producing credit on “Protection” — described as a mystery drama with law enforcement elements — positions her as a behind-the-scenes player in NBC’s scripted development.
Wednesday’s broadcast concluded without further spoilers, but the light moment likely boosted engagement for the sequel’s marketing. Social media users shared GIFs of Bush Hager’s shocked expression and quoted the hosts’ banter, turning the slip into viral content.
For the “Today” team, such unscripted exchanges often strengthen viewer connections by revealing authentic personalities. Melvin, Guthrie, Roker and others frequently navigate these situations with humor, maintaining the show’s reputation for warmth amid breaking news and celebrity interviews.
Bush Hager has not yet addressed the reveal in additional statements beyond her on-air reaction. As filming and promotion for “The Devil Wears Prada 2” continue, more information about her contribution may emerge closer to the May 1 release.
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The episode serves as a reminder of the challenges inherent in live broadcasting, where information can spread instantly. In an era of tightly controlled entertainment rollouts, a single offhand comment can shift the conversation — especially when delivered by a trusted morning show personality.
As April 8 drew to a close, clips of the segment continued to circulate online, with many expressing anticipation for both the film and any future updates from Bush Hager about her expanding roles. Whether her cameo proves to be a brief scene or something more substantial remains to be seen, but the accidental announcement ensured it became water-cooler conversation nationwide.
In the competitive landscape of morning television, moments like these help “Today” stand out, blending news, entertainment and genuine human interaction. For Jenna Bush Hager, it marked another unexpected chapter in a multifaceted career that continues to evolve from the White House to Hollywood sets.
The UAE’s surprise move to step away from OPEC+ has stirred global energy markets, raising concerns over oil supply discipline and the future stability of the producer alliance. With crude prices already sensitive to geopolitical risks, the development has added fresh uncertainty for importing nations such as India.
Speaking to ET Now, Peter McGuire, CEO, Australia-Trading.com said the decision has come at a critical moment for the market, noting, “These are early hours on this decision. We understand the significance 12% of production… it blindsided OPEC.”
He also highlighted the speed of the move, adding, “It is a quick decision… they are waiting 48 hours sort of thing,” while pointing out that “prices are up from here I would say.”
On the broader oil outlook, McGuire linked price direction to ongoing geopolitical tensions, asking, “How long is this situation going to run for?” He suggested that if tensions persist, “you are going to see prices move up from here.” Referring to current levels, he noted, “You have got WTI just on 100. I am expecting prices to continue uptick,” and further warned that “120 is going to be a… and it could be there sooner than later.”
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On the question of whether the UAE’s exit could weaken OPEC+ cohesion, McGuire said, “It is not going to galvanise the strength of it,” adding that “it is going to put a chink in armour” and raising uncertainty over “who is going to be next.”
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He also emphasized the UAE’s strategic focus on domestic priorities, stating, “UAE to focus on national interest,” and added, “They need income and they need to ratchet that up.” He further pointed to infrastructure advantages, mentioning “the opportunity for buyers using Fujairah as a hub.” Overall, market participants remain cautious as the oil landscape adjusts to both geopolitical risks and shifting producer dynamics, with the UAE’s move adding another layer of uncertainty to an already volatile environment.
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Vedanta is all set to undergo its much-awaited demerger, which would see four of the Anil Agarwal-led conglomerate’s existing businesses operate as separate listed companies, with today effectively being the last date to buy Vedanta shares in order to be eligible to receive the four new shares, as the actual record date of May 1 falls on a market holiday.
In an exchange filing released on April 20, Vedanta announced that each of its eligible shareholders will get one share of Vedanta Aluminium Metal (VAML), one share of Talwandi Sabo Power (TSPL), one share of Malco Energy and one share of Vedanta Iron and Steel for every share held in Vedanta. This marks one of the biggest corporate restructurings in India’s metals and mining space, allowing shareholders to hold a direct stake in distinct sector-specific firms rather than a diversified conglomerate structure.
Vedanta demerger record date
Since May 1 is a market holiday due to Maharashtra Day, April 30 will be the effective ex-record date for the demerger. This means that shareholders who buy the company’s shares on Thursday, a day before the actual record date, will not be eligible, as shares will not be credited by the end of that trading day.
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Hence, April 29 is likely to be the last date for interested investors to buy Vedanta shares, so that the shares are credited to their demat accounts by April 30, as per the T+1 settlement rule, making them eligible to receive shares of the four new companies emerging from the demerger.
How will Vedanta shares adjust to demerger?
Vedanta shares will undergo a special pre-open session on April 30 to discover the share price after excluding the value of the four demerged entities, which will be listed later. Post demerger, Nuvama Institutional Equities expects Vedanta to have a market capitalisation of nearly Rs 1.14 lakh crore. Notably, Vedanta currently has a market capitalisation of more than Rs 2.9 lakh crore.
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“Based on our market-cap estimates, Vedanta and Vedanta Aluminium are expected to be classified as large caps, while Vedanta Power, Vedanta Oil & Gas, and Vedanta Steel & Iron Ore fall under small cap,” it added. Vedanta shares are currently part of the Nifty Next 50 index. On the global front, it is part of the MSCI Emerging Markets Index as well as FTSE indices. Nuvama said Vedanta will continue to be part of Nifty Next 50, while the other demerged entities (Aluminium, Power, Oil & Gas, Steel) will be reflected as dummy constituents until listing. It added that Vedanta’s weight will be auto-adjusted on MSCI and FTSE indices.
When will the four new Vedanta Group companies be listed on BSE and NSE?
While the record date for the demerger has been announced, the dates when the four new companies will be listed on stock exchanges BSE and NSE have not yet been disclosed. It is important to note that the shares of Vedanta currently represent the combined value of all five companies. However, from May 1 onwards, the share price will represent the value of Vedanta excluding the four new companies.
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Should you invest in Vedanta shares for demerger benefits?
Vedanta’s demerger is a well-structured move that should unlock shareholder value over time, said Raj Gaikar, Research Analyst at SAMCO Securities. When businesses like aluminium, zinc and oil & gas trade independently, markets tend to value them more fairly than when they are bundled together in a single conglomerate, he added.
“That said, investors considering buying ahead of the demerger should be careful, the stock has already rallied more than 25% in just the past month, meaning a part of the excitement is already reflected in the price,” Gaikar further said.
If you are a long-term investor with a 12 to 18-month horizon and comfort with commodity price swings, the analyst said this restructuring makes sense. But chasing it purely for a quick pre-demerger gain at current levels carries meaningful short-term risk.
All about Vedanta demerger
Vedanta’s long-awaited demerger plan received approval from the National Company Law Tribunal (NCLT) in December last year. When Vedanta first announced its demerger plan in 2023, it had proposed splitting its Indian operations into six separately listed companies, including a standalone base metals entity. Over time, the structure was revised. Under the approved scheme, the base metals business will remain within a restructured Vedanta, while four new listed companies will be carved out. The restructured Vedanta will continue to house the zinc and silver businesses through Hindustan Zinc and is envisaged as an incubator for future ventures. The demerger has seen significant delays, largely due to objections raised by the government.
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Earlier last month, Vedanta Chairman Anil Agarwal told the Financial Times that the long-delayed restructuring could create “phenomenal shareholder value”. Agarwal told the FT that the new entities emerging from the conglomerate will have a free hand to grow. A privately held parent company controlled by Agarwal will retain roughly half the shareholding in each of the demerged entities, he added.
Vedanta share price
Vedanta shares have fallen more than 3% in one week, but gained over 14% in one month. The stock is up 23% in 2026 so far, after gaining 78% in one year. In the longer term, the shares of the company have rallied around 166% in three years and 204% in five years.
The company currently has a market capitalisation of more than Rs 2.90 lakh crore.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
James Entwistle – Senior Director of Investor Relations Stephan Von Schuckmann – CEO & Director Andrew Lynch – CFO & Executive VP
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Conference Call Participants
Ryan Choi Mark Delaney – Goldman Sachs Group, Inc., Research Division Christopher Glynn – Oppenheimer & Co. Inc., Research Division Joseph Giordano – TD Cowen, Research Division Guy Drummond Hardwick – Barclays Bank PLC, Research Division Jyhhaw Liu – Evercore ISI Institutional Equities, Research Division Joseph Spak – UBS Investment Bank, Research Division Konstandinos Tasoulis – Wells Fargo Securities, LLC, Research Division Luke Junk – Robert W. Baird & Co. Incorporated, Research Division Shreyas Patil – Wolfe Research, LLC
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Presentation
Operator
Good afternoon, everyone, and welcome to the Sensata Technologies Q1 2026 Earnings Call. [Operator Instructions] Please also note, today’s event is being recorded. I would now like to turn the conference call over to Mr. James Entwistle, Senior Director of Investor Relations. Please go ahead.
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James Entwistle Senior Director of Investor Relations
Thank you, operator, and good afternoon, everyone. I’m James Entwistle, Senior Director of Investor Relations for Sensata, and I’d like to welcome you to Sensata’s First Quarter 2026 Earnings Conference Call. Joining me on today’s call are Stephan Von Schuckmann, Sensata’s Chief Executive Officer; and Andrew Lynch, Sensata’s Chief Financial Officer. In addition to the financial results press release we issued earlier today, we will be referencing a slide presentation during today’s conference call. A PDF of this presentation can be downloaded from Sensata’s Investor Relations website. This conference call is being recorded, and we will post a replay on our Investor Relations website shortly after the conclusion of today’s call.
As we begin, I would like to reference Sensata’s Safe Harbor statement on Slide 2. During this conference call, we will make forward-looking statements regarding future
Mumbai: Easing in corporate borrowing costs mid-April, which encouraged a wave of bond issuance, appears to be reversing as concerns over a prolonged conflict in West Asia drive yields higher once again. Firming local yields have made issuers more cautious, with some scaling back planned bond sales after a brief period of frenetic activity.
Recent state-backed bond issuances show signs that borrowing costs may be beginning to edge higher again. SIDBI, which had planned to raise ‘6,000 crore through a three-year bond sale on Tuesday, mobilised only ‘3,025 crore at a yield of 7.61%. A week earlier, NABARD raised ‘4,250 crore against a planned ‘7,000 crore at 7.48% for a similar tenor.
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prolonged West Asia conflict casts a shadow
Taken together, the two issuances indicate that funding costs are starting to move higher, debt market participants said.
Corporate borrowing costs are rising again after a brief dip in mid-April, driven by concerns over the West Asia conflict impacting oil prices. Recent state-backed bond issuances saw lower-than-planned mobilizations, indicating increased caution among issuers and selective appetite in the debt market.
“We saw a pickup in bond issuances after mid-April as lower yields encouraged corporates to tap the market. But borrowing costs are beginning to inch up again over the past few days,” said Venkatakrishnan Srinivasan, managing partner at Rockfort Fincap, a debt advisory firm. “So, appetite remains selective, and many are finding it difficult to raise the full amount they had initially planned.” Yields on India’s 10-year benchmark paper slipped to around 6.86% by April 15 from as high as 7.13% early April. But they have steadily climbed again to around 6.98%, with little clarity on the direction of the West Asia war and its impact on oil prices.
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Mid-March, NABARD had raised ‘7,265 crores for 3-years at 7.44%, while REC raised ‘3,000 crores for 5-years at 7.19% The pickup in issuances mid-April also coincided with a period of ample surplus liquidity in the banking system, which boosted demand for fixed-income securities. This encouraged institutions such as banks and mutual funds to deploy funds into the debt market, and the resulting surge in demand helped compress yields, debt market participants said.
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