Business
Deloitte to Pay $21.5 Million to End DOJ Fraud Investigation Over DEI Policies
Deloitte has agreed to pay nearly $21.5 million to settle allegations that it defrauded the federal government by continuing to consider diversity when making hiring, promotion and staffing decisions.
It is the latest settlement stemming from investigations the Trump administration launched last year in a broad effort to root out diversity initiatives at major U.S. companies that contract with the federal government.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Business
Fortinet: Strong Platform And Cash Generation; Valuation Leaves Limited Margin Of Safety
I am a CFA Charterholder with over 15 years of experience in global capital markets, having worked across fixed income, equity analysis, structured products, and quantitative analytics at several of the world’s leading financial institutions. My career has given me hands-on experience with the full spectrum of financial analysis — from loan-level mortgage data and CLO tranche modeling to equity valuation, earnings quality assessment, and macroeconomic framework development across multiple market cycles. On Seeking Alpha, my primary focus is fundamental stock analysis grounded in CFA Institute methodology. This means rigorous application of discounted cash flow modeling, comparable company analysis, EV/EBITDA and P/E relative valuation, DuPont decomposition of returns on equity, and earnings quality screening — the same frameworks used by institutional buy-side analysts, not the surface-level price target commentary that dominates most retail finance content. I believe most individual investors are underserved by analysis that stops at headline EPS and price-to-earnings multiples without examining the underlying quality of earnings, capital allocation discipline, balance sheet strength, and competitive positioning that actually drive long-term returns. My stock analysis approach follows a structured three-stage process. First, I screen for businesses with durable competitive advantages — companies with pricing power, high returns on invested capital, and management teams with demonstrated capital allocation discipline. Second, I build a full valuation model using multiple methodologies, stress-testing assumptions across bull, base, and bear scenarios rather than anchoring to a single price target. Third, I assess the macro and sector context — interest rate sensitivity, credit cycle positioning, and industry structure — using the same analytical lens applied on institutional trading desks. My sector interests include financial services, technology, industrials, and dividend-paying equities where balance sheet analysis and cash flow quality are particularly differentiated factors. I have a strong interest in identifying situations where the market misprices companies based on short-term earnings noise rather than long-term intrinsic value — the classic gap between price and value that the CFA curriculum identifies as the foundation of active investing. I hold a Master of Science in Information Systems and have completed advanced coursework in financial valuation, M&A analysis, and financial risk management in addition to the CFA designation. I am also the founder of an AI-powered technology company, which informs my analysis of technology sector companies and the growing intersection of artificial intelligence with business model disruption across industries. My motivation for writing on Seeking Alpha is to bring institutional-grade equity research discipline to individual investors. The CFA curriculum represents hundreds of hours of investment analysis training — I want to put that framework to work in public analysis that goes deeper than most retail-facing content and gives readers a genuine analytical edge rather than recycled consensus views.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of BUG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
BUG is an ETF that has 8.14% allocation to FTNT. I hold long-term call options in my IRA.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Waist Size, Not BMI, May Better Predict Longevity Risk in Older Adults, New Study Finds, Doctor Explains
A new study is complicating the long-standing use of body mass index as a measure of health in older adults, finding that waist circumference may offer a more reliable signal of early death risk than the widely used BMI formula.
The research, published Aug. 19 in the Journal of the American Geriatrics Society, found that among adults 65 and older, having a larger waist circumference was linked to a higher risk of early death. But being classified as overweight by BMI was, counterintuitively, associated with a lower risk of early death in the same population — a seemingly contradictory finding that has prompted closer examination from medical experts.
What the study found
Researchers analyzed data from nearly 7,000 adults age 65 and older who were tracked as part of a large, nationally representative study funded by the U.S. National Institutes of Health. Participants were followed for up to 14 years, allowing scientists to examine how changes in BMI and waist circumference correlated with mortality risk over time.
Compared with men whose BMI fell in the normal range, men classified as overweight, with a BMI between 25 and 29.9, had a 46% lower risk of death. Men with class I or II obesity, defined as a BMI between 30 and just under 40, also showed a lower risk of death relative to the normal-BMI group.
Among women, those classified as overweight had a 27% lower risk of death compared with those in the normal BMI range. However, class I or II obesity was not associated with a statistically significant difference in mortality risk for women, and for both men and women with class III obesity, defined as a BMI of 40 or higher, there was no statistically significant difference in mortality risk compared with the normal-BMI group.
The pattern shifted considerably when researchers instead examined waist circumference. Men with a waist circumference greater than 40 inches and women with one greater than 35 inches had a 24% higher risk of early death compared with those below those thresholds — and that elevated risk held up even after researchers statistically accounted for participants’ BMI.
Making sense of the contradiction
The findings touch on what researchers sometimes call the “obesity paradox“: the puzzling pattern in which obesity is strongly linked to increased risk of conditions such as heart disease and type 2 diabetes, yet appears associated with lower mortality risk in some older populations.
Dr. Leana Wen, CNN’s wellness expert, an emergency physician and clinical associate professor at George Washington University who previously served as Baltimore’s health commissioner, cautioned against reading the results as evidence that gaining weight is protective in older age. The study’s authors explicitly caution against interpreting the findings as evidence that excess body fat is biologically beneficial, Wen said.
Wen pointed to several possible explanations. One is reverse causation: serious illnesses such as cancer and heart disease can cause people to lose weight, which could make lower body weight appear linked to higher mortality risk when an underlying illness is actually driving both outcomes. A related factor is survivorship bias — people who reach older age despite having obesity may differ in meaningful ways from those who developed obesity-related disease and died earlier in life. Wen also noted that BMI itself may simply be an imperfect measure of body composition.
Why BMI can be misleading with age
BMI is calculated using only height and weight, without accounting for what actually makes up that weight. Two people of identical height and weight could have very different body compositions — one with substantial muscle mass and relatively little fat, the other with less muscle and more fat — yet register an identical BMI.
That limitation becomes more pronounced with age, according to Wen. Older adults tend to lose muscle mass over time, and can also lose height and experience shifts in where fat is stored on their bodies. As a result, a higher BMI in an older adult could actually reflect greater preservation of lean muscle mass, while someone with a BMI in the “normal” range might have lost substantial muscle while retaining excess body fat — a combination that can leave a person more vulnerable despite an outwardly reassuring number.
Why waist size matters
Fat that accumulates around the waist and deep within the abdomen, often referred to as visceral fat, is associated with inflammation, insulin resistance and other metabolic changes that raise the risk of cardiovascular disease and diabetes. Waist circumference offers a simple way to estimate that visceral fat, and Wen said many experts now advocate using waist circumference, waist-to-hip ratio, or direct body fat measurements alongside BMI when assessing whether someone has overweight or obesity.
Measuring waist circumference requires no specialized equipment, allowing people to track it at home using a simple tape measure placed around the abdomen, between the bottom of the ribs and the top of the hip bones, kept level and snug without compressing the skin.
The risks of being underweight
The study also identified a particularly elevated mortality risk among older adults who were underweight, with men and women in that category facing nearly double the risk of early death compared with those in the normal BMI range. Wen said this finding aligns with known risks tied to frailty, since older adults depend on muscle strength to perform daily activities, maintain mobility and reduce their risk of falls. Someone losing weight due to muscle loss could become more vulnerable even as their BMI moves toward a range conventionally considered healthier. Still, Wen cautioned that being underweight may often be a consequence of poor health rather than its cause, since chronic disease can itself drive unintentional weight and muscle loss.
What older adults should focus on instead
Rather than fixating on a specific weight or BMI target, Wen recommended that older adults prioritize overall health and physical function — including the ability to perform everyday tasks independently, maintain muscle strength, and stay physically active through a mix of aerobic exercise and strength training, along with adequate protein intake.
She also advised paying attention to changes over time rather than single measurements: an expanding waistline can signal rising abdominal fat even when overall weight and BMI remain largely unchanged, while unexplained weight loss should prompt a conversation with a healthcare provider. Wen recommended that older adults discuss with their doctors what a healthy weight looks like for them individually, incorporating not just BMI but body composition, fat distribution, physical function, and metrics such as blood pressure, blood sugar and cholesterol.
This story touches on health and mortality-related research; readers experiencing concerns about their own weight, health or mental wellbeing are encouraged to speak with a licensed healthcare provider.
Business
Tjx stock hits 52-week low at 135.2 USD

Tjx stock hits 52-week low at 135.2 USD
Business
Rocket Lab Doesn’t Need Neutron To Justify This Quarter, But Does For What’s Next (RKLB)
Rick is a Wall Street Journal best-selling author and financial writer specializing in stocks and options trading. He’s recognized as a top 1% financial expert and blogger on TipRanks, and his work, in both written and video form, has appeared in Good Morning America, Forbes, Yahoo Finance, MSN, Business Insider, InvestorPlace, Benzinga, SoFi, Barchart, Thrive Global, and many more. Journalists and editors can find his verified credentials on MuckRack.His passion is business, and he works tirelessly to make complex investing ideas easy to understand, whether on his YouTube channel, in his books, or across his published work.Rick started his career young. In 2004, he founded a web marketing agency that was acquired in 2007. He and his partner then became pioneers in the telecom industry, offering a business phone service that worked from anywhere. The company grew rapidly through innovation and strategic acquisitions before being sold in 2014 for a seven-figure exit.Between 2009 and 2015, Rick served on the board of directors of GVCCU, where he gained inside experience in the mortgage and lending business.In 2018, he wrote The Financially Independent Millennial to share his story of reaching financial independence at age 35 despite not learning about money growing up. His books are written to be approachable and often highlight the lessons he wishes he could have told his younger self.Rick later co-authored Success Mindsets, which became a Wall Street Journal bestseller on November 13, 2021.When he’s not analyzing markets, Rick is an enthusiast of fast cars, technology, and good food.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Jinhui Shipping and Transportation Limited (JNSTF) Q2 2026 Earnings Call Transcript
Unknown Executive
Good morning, everyone, in Europe. Good afternoon to those in Asia. Thank you for joining Jinhui Shipping and Transportation Limited Q2 and First Half 2026 financial results. Can everyone hear me? Sorry, there are other people joining, so I’ll accept…
I trust that you’ve all had a look at the financial results announcement, and you have a copy, and I’ve shared the presentation on the screen. So going through the highlights of current quarter. For Q2, we recorded USD 36 million for revenue, EBITDA of USD 17 million and a net profit for the quarter, USD 5 million. Basic earnings per share, USD 0.048 for Q2. For the first half of 2026, we recorded a revenue of USD 69 million, EBITDA of USD 34 million, a net profit of $10 million, basic earnings per share, 0.088 and a gearing ratio as of the end of June, 7%.
Compared to Q2 2025, Q2 2026 recorded a slight decrease. This should be a 9% decrease. This should be quite apparent because we — there’s a reduction in the number of ships we sold some secondhand ships. Net profit, $5.3 million in Q2 2026, which represents a 374% quarter-on-quarter increase. Average daily TCE stands in Q2 2026, USD 18,015 per day, which is a 30% increase compared to Q2 2025 number. For the first half, first half 2026 revenue compared to first half 2025 is a 13% drop. Again, this is due to the lower number of vessels in our fleet, given that we’ve sold some. Net profit, $9.6 million, 37% drop compared to the first half of 2025.
Average TCE in the first half 2026, USD 17,150 per day, a 30% increase compared
Business
Artificial colors now out of all General Mills’ US cereals
Business
Much-loved ice cream shop to close after 106 years
The family-run shop has been a fixture in Brislington, Bristol since the 1920s.
Business
Raymond James raises Nvidia stock price target on strong outlook

Raymond James raises Nvidia stock price target on strong outlook
Business
Analysis-Meta’s social media settlement leaves its money machine unscathed

Analysis-Meta’s social media settlement leaves its money machine unscathed
Business
Sportradar expands partnership with Polymarket across 20 sports

Sportradar expands partnership with Polymarket across 20 sports
-
Fashion6 days agoWeekend Open Thread: Madewell – Corporette.com
-
Crypto World2 days agoSpaceX stock could rise 75% to $240, JPMorgan says
-
Business5 days agoMusk’s Tesla, SpaceX Confirm $16.8 Billion ‘Terafab’ Chip Plant as World’s Largest Building in Texas
-
Crypto World5 days agoanatomy of crypto’s biggest liquidation event since 2021
-
Crypto World3 days agoA $30 Billion AI Fund Implodes, Now the SEC Is Investigating Wall Street’s Role
-
Politics5 days ago6 months on, Irish renters crushed by effects of government housing bill
-
Crypto World1 day agoDid Trump Just Move SpaceX Stock With One Truth Social Post?
-
Business4 days agoMystery AI Model ‘Ox Alpha’ Draws Developers With Free Access as Chinese Lab Origins Remain Debated
-
NewsBeat5 days agoThe ‘Lucky Dip Gang’ causing carnage for clicks: After five thugs were killed speeding in the wrong direction on a motorway, GUY ADAMS investigates a sick new trend… and why police aren’t even allowed to pursue them
-
Business3 days agoModerna CEO warns China is pouring state money into mRNA technology
-
Business7 days agoFive Below: Kids Discount Retailer Reaps Rich Rewards
-
Crypto World6 days agoNvidia Stock Suffers Longest Losing Streak Since 2022: Will Q2 Earnings End It?
-
Business3 days agoNVIDIA Stock Drops Nearly 2 Percent to $210 on Seventh Losing Day Ahead of Critical AI Earnings
-
Sports4 days agoDeshaun Watson fires back at Browns fans after being booed: ‘It’s a disrespectful thing’
-
Business6 days agoUK firms in critical financial distress rise 9% to 53,756
-
Crypto World4 days agoGoogle Gemini AI Predicts Ethereum Could Become the Trade Retail Misses in 2026
-
Tech6 days agoUnitree’s New Superman Robot Claims to Outjump and Outrun Every Human, Usain Bolt Included
-
Tech6 days agoFaster chip in a familiar form factor
-
Crypto World6 days agoSEC Regulation Crypto vs CLARITY Act: which framework wins
-
Business5 days agoWill Tesla Stock Be Higher or Lower a Year From Now? Here’s What Wall Street Analysts Are Saying

You must be logged in to post a comment Login