Business
FBI Internal Discord Theory Grows as Today Show Faces New Backlash Over Segment
More than five months after Nancy Guthrie vanished from her Tucson home, a theory suggesting internal disagreement within the FBI over how to handle the case has gained significant traction online, even as “Today” show co-anchor Savannah Guthrie faces renewed public criticism over a network decision to have her cover an unrelated missing-persons story.
The FBI discord theory originated with retired FBI agent Steve Moore, who said in a recent interview that the bureau’s conflicting public statements about ransom notes sent in the case point to a deeper disagreement among investigators. “The more I see this, the more I think that there is some significant disagreement within the FBI investigation on what they’re dealing with,” Moore said. “Right down to the validity of certain pieces of evidence.” Moore has suggested the discrepancy may stem from differing perspectives between the FBI’s Phoenix field office, which has jurisdiction over the case, and bureau headquarters, noting that such internal divergence is common in complex investigations. A number of social media users and true-crime followers have since embraced the theory as a plausible explanation for the shifting statements coming out of the investigation.
Separately, Savannah Guthrie has faced a wave of public criticism after “Today” assigned her to report on the rescue of a 70-year-old man who had gone missing for nearly a week in the California wilderness. The segment, which aired July 6 and was later posted to the show’s TikTok account before being deleted, showed Guthrie covering the story from the anchor desk even as her own mother’s disappearance remains unresolved. The clip drew a sharp backlash on social media, with critics questioning the network’s judgment in the assignment. “Bosses really out here assigning ‘missing elderly’ stories like it’s not your own mom missing. Heartless,” one user wrote, while another asked, “They had an entire anchor room of people who could report and she was the only one?” Other viewers came to the network’s defense, arguing that covering the news, including stories that echo a journalist’s personal circumstances, is simply part of the job. “It’s her job … should she also not report on any story that involves a mother?” one commenter wrote.
Guthrie has continued to speak publicly and emotionally about her family’s ongoing search throughout the broadcast schedule. She has previously described the experience as “months of agony and trauma that never ends,” and has repeatedly used her platform on “Today” to appeal directly to the public for information, saying in one on-air moment, “I want to just take the opportunity to ask people, to really to beg people to come forward.”
The renewed attention to the case comes amid a summary of the evidence investigators have gathered since Guthrie’s disappearance on the night of January 31 or early morning of February 1. That evidence includes bloodstains found on the porch and street outside her Catalina Foothills home, later confirmed to belong to Guthrie; surveillance footage gathered from cameras throughout the neighborhood; a single strand of hair recovered from inside the home and currently undergoing DNA analysis; signs of forced entry; and data from a mobile app connected to Guthrie’s pacemaker, which the FBI has said recorded activity until 2:28 a.m. before abruptly stopping. Doorbell camera footage released by the FBI in February also showed a masked individual, sometimes referred to by followers of the case as the “porch guy,” tampering with the camera outside Guthrie’s home using a gloved hand, with authorities describing the person as between 5-foot-9 and 5-foot-10 with a medium build.
Separately, a discovery of human remains near Guthrie’s home in early May generated significant public attention but has since been determined to be unrelated to her disappearance. Anthropologist James T. Watson of the University of Arizona, who responded to the scene, said the bones belonged to someone buried several hundred to as much as 1,000 years ago, likely an ancestral Native American individual, based on contextual evidence including nearby pottery fragments. The Pima County Sheriff’s Office characterized the discovery as a “prehistoric anthropological investigation” rather than part of the active criminal case, and the remains have since been transferred to the Tohono O’odham Nation for appropriate handling.
No suspects have been officially named in Guthrie’s disappearance. Local fugitive Coral Michelle Smith, whose name had circulated among some online commentators as a possible person of interest, has been formally ruled out of involvement in the case, according to investigators. The masked individual seen in the doorbell footage remains unidentified and continues to be sought by authorities.
The FBI’s Phoenix field office continues to seek videos and information from the public related to the case, and a combined reward exceeding $1 million is currently being offered for information leading to Guthrie’s safe return, drawing on contributions from the FBI, the crime-tip organization 88-CRIME and the Guthrie family itself. Despite the substantial reward, investigators have said the public has not yet come forward with information leading to a breakthrough. Former FBI agent Raymond Carr has expressed continued optimism that a witness or tipster will eventually emerge as circumstances shift over time. “I believe that time changes everything. Relationships change over time,” Carr said, adding that he expects someone with relevant knowledge will eventually decide to come forward.
The investigation remains active and is being jointly conducted by the FBI and the Pima County Sheriff’s Department, which has said it continues to follow up on leads and pursue the facts surrounding Guthrie’s disappearance. As the case approaches its sixth month without a confirmed resolution, both the swirling theories about internal FBI disagreement and the public scrutiny surrounding Savannah Guthrie’s continued on-air work underscore how deeply the prolonged, high-profile investigation has intertwined with the personal and professional life of one of network television’s most recognizable anchors.
Business
US FAA approves 737 MAX-7 for production, sends Boeing shares up 5%

US FAA approves 737 MAX-7 for production, sends Boeing shares up 5%
Business
Oil prices fall sharply as Trump signals Iran deal on Hormuz Strait
FOX Business Cheryl Casone breaks down tumbling oil prices amid U.S.-Iran deal hopes and falling Treasury yields. Carter Intelligence Group CEO Lee Carter joins the panel to discuss the psychological impact of lower gas prices on consumers.
Oil prices fell on Monday as markets embraced hopes for the de-escalation of the Iran war, despite uncertainty over the prospects for a Federal Reserve interest rate hike.
President Donald Trump on Sunday signaled he was holding off on ordering fresh strikes against Iran and said he did so because U.S. allies in the Middle East have reached the outline of an agreement to end the war, adding it would “include the Immediate, Complete and Total OPENING OF THE HORMUZ STRAIT, and an end to Iran’s nuclear threat.”
Trump indicated the negotiations would begin on Monday afternoon, which caused oil prices to slide on the potential deal to restore the flow of oil shipments through the Strait of Hormuz that have been constrained amid the threat of Iranian attacks and mines amid the conflict.
Prices for West Texas Intermediate crude, a key U.S. benchmark, were down about 6.2% during Monday morning, trading around $79.45 a barrel after a decline of about $5. Brent crude oil prices were down over 3.5% at around $79.30 a barrel.
FORGET GASOLINE: THIS OVERLOOKED FUEL COULD RAISE THE PRICE OF NEARLY EVERYTHING YOU BUY

Oil prices fell on Monday on the prospect of a deal to end the Iran war. (Todd Korol/Reuters)
A spokesman for Iran’s foreign ministry said in a report by Reuters that no negotiations with the U.S. were occurring or scheduled, adding that the only ongoing discussions were with Oman over the management of the Strait of Hormuz.
Oil prices spiked above $110 a barrel earlier this year as the conflict disrupted oil shipments from the Middle East, as tanker traffic plummeted due to the threat of missile and drone strikes by Iran as well as mines laid in the key shipping lanes of the Strait.
AAA NATIONAL GAS PRICE TOPS $4 AMID RENEWED US STRIKES ON IRAN

The Strait of Hormuz is a key chokepoint for maritime oil flows through the Middle East. (Amanda Macias/Fox News Digital)
Before the outbreak of the conflict, oil prices were in the $60 to $70 a barrel range, and the rise caused gas prices in the U.S. to surge. The national average price for a gallon of regular gasoline was $4.095 as of Monday, up 7% from a month ago and 30% from a year ago, which has pressured household budgets.
Trump wrote in a post on his Truth social media platform that Chevron CEO Mike Wirth gave “all of the reasons that his company is doing so well,” in an interview with FOX Business’ Maria Bartiromo, but added that his administration has helped facilitate that success and urged him to lower prices for consumers.

Oil shipments through the Strait of Hormuz have been severely constrained due to the risk of Iranian attacks. (Giuseppe Cacace/AFP via Getty Images)
“The only thing he conveniently forgot to mention is that, without the genius, foresight, strength, and stability, of the TRUMP Administration, the Oil Industry, and our Country itself, would be DEAD! As an example, they threw Mike and Chevron out of Venezuela, but now they’re back, far bigger and stronger than ever before, expecting to make a fortune! That goes for other Oil Companies as well…and get your consumer (retail!) Oil Prices DOWN, NOW!” Trump wrote.
The White House has previously criticized gas stations for not lowering prices, accusing them of padding profit margins.
Groups representing smaller gas stations and energy marketers have pushed back on the argument, saying that retail prices are linked to oil prices and that they typically decline over several weeks after oil prices decline due to the need to turn over higher-cost inventory.
Business
Sugar’s natural halo keeping it resilient

Consumers cutting back on HFCS, not sugar, recent report says.
Business
Kansai Nerolac Q1 profit rises 5%; approves Rs 601 crore capacity expansion
Consolidated net profit rose to Rs 228.41 crore from a year earlier, while revenue increased nearly 10% to Rs 2,374 crore.
Demand remained healthy in both decorative and industrial paints despite geopolitical tensions and was supported by the delayed onset of the monsoon, managing director Pravin Chaudhari said.
“Looking ahead, we anticipate that demand in both market segments will continue to remain strong despite an erratic monsoon and prevailing geopolitical situation,” he said. “Additionally, Diwali being later this year, should add a fillip to the festive demand,” he said.
Chaudhari said the geopolitical situation in West Asia disrupted supply chains and sharply increased raw material prices from March. While conditions improved midway through the June quarter, the company would continue to monitor the situation closely.
The company raised prices during the quarter to partly offset higher raw material costs. Total expenses rose more than 10% to Rs 2,116 crore, while consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) increased 7.7% to Rs 335.89 crore.
On a standalone basis, revenue rose 10% to Rs 2,299 crore, while Ebitda increased 8% to Rs 336 crore.The company announced its results after market hours on Monday. Its shares closed 3.6% higher at Rs 203.95 on the BSE.
Capacity expansion approved
The board has approved capacity expansion for industrial paints, powder coatings and industrial resins across three manufacturing facilities.
Industrial paint capacity will be expanded at the Sayakha, Bawal and Hosur plants at an investment of Rs 412 crore.
“In view of the estimated growth in automotive paint industry, capacity additions are being carried out,” the company said in an exchange filing.
The company will invest another Rs 189 crore to expand powder coating and industrial resin capacity at the Sayakha plant.
The projects will be funded through internal accruals and are expected to be completed in phases by the end of fiscal 2029.
Business
European shares start August higher on US-Iran diplomacy hopes

European shares start August higher on US-Iran diplomacy hopes
Business
Thornburg Municipal Bond Funds Q2 2026 Commentary
Thornburg Investment Management is a privately owned global investment firm that offers a range of multi-strategy solutions for institutions and financial advisors. A recognized leader in fixed income, equity, and alternatives investing, the firm oversees mutual funds, institutional accounts, separate accounts for high-net-worth investors, and UCITS funds for non-U.S. investors. Thornburg was founded in 1982 and is headquartered in Santa Fe, NM. Note: This account is not managed or monitored by Thornburg Investment Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Thornburg Investment Management’s official channels.
Business
CAVA: Growth Is Being Borrowed From The Future – Sell Now Before Q2 Earnings (NYSE:CAVA)
Investing wisely does not have to be rocket science. It is about discipline and running the numbers. You don’t have to be like a grandmaster chess player playing the game twenty moves ahead of your opponent, you just need to understand how the pieces work.
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
Rise Baking completes acquisition of Jimmy’s

Commercial baker expands capabilities in cookie category.
Business
$360M, highest domestic opening ever
Tom Holland stars as Peter Parker, aka Spider-Man in Sony and Marvel’s “Spider-Man: Brand New Day.”
Sony
There’s a new king of the domestic box office.
Sony and Marvel’s “Spider-Man: Brand New Day” webbed up more than $360 million during its opening weekend in the U.S. and Canada, breaking the record for the highest-grossing debut of all time. The previous record was $357 million, set by “Avengers: Endgame” in 2019.
Globally, the latest Spider-Man installment tallied $932 million, shy of the $1.2 billion record still held by “Endgame.”
The Tom Holland-led “Brand New Day” kicked off with record-shattering Thursday preview sales and snared $169.3 million on Friday, including presales, and $101.5 million on Saturday. Sony had initially projected an $84 million Sunday, but moviegoers flocked to theaters, driving ticket sales to $88.7 million for the day.
The film’s opening weekend also marked the biggest opening weekend in Sony Pictures history and the biggest debut for the Spider-Man franchise.
The feat comes even as “Brand New Day” was boxed out of Imax screens, which were snapped up for Christopher Nolan’s and Universal’s “The Odyssey.” Rival premium large formats thrived, however, as Dolby Cinema, ScreenX and 4DX all reported record-breaking ticket sales over the weekend.
“Brand New Day” is on pace to be the fourth billion-dollar film of 2026, joining Pixar’s “Toy Story 5,” Lionsgate’s “Michael” and Universal and Illumination’s “The Super Mario Galaxy Movie.”
Business
California Democratic Party supports billionaire wealth tax proposal
Altman Brothers Real Estate Owner Josh Altman discusses LeBron James facing California’s wealth tax despite moving to Philadelphia on ‘Varney & Co.’
The California Democratic Party is supporting a proposed one-time wealth tax on billionaires of up to 5%.
Californians will decide whether to adopt the proposal during the 2026 midterm election.
The party’s executive board voted in favor of backing the proposal on Sunday, according to The Sacramento Bee.
BILLIONS IN TAXPAYER INCOME ARE LEAVING TWO ICONIC STATES — AS A NEW ECONOMIC MAP EMERGES

A supporter with the Billionaire Tax Now coalition holds a placard during a media briefing in Los Angeles on April 27, 2026. (Frederic J. BROWN / AFP via Getty Images / Getty Images)
The San Francisco Standard reported that according to Jane Natoli, who sits on the party’s resolutions committee, an initial vote barely failed to clear the 60% bar required for ratification, earning 59.2% support. But another vote cleared the threshold, scoring about 61.7% support, the outlet noted.
As the close votes demonstrated, Democrats are divided on the issue.
SOME RICH CALIFORNIANS ARE GIVING AWAY CASH TO SKIRT THE STATE’S PROPOSED BILLIONAIRE TAX

A voting booth as a voter casts their ballot at a polling location inside Echo Park Branch Library during a primary election in Los Angeles on Tuesday, June 2, 2026. (Kyle Grillot/Bloomberg via Getty Images / Getty Images)
U.S. Rep. Ro Khanna, D-Calif., supports the proposal.
But Gov. Gavin Newsom, who is term-limited from running for re-election, has said he will vote against it.

California Gov. Gavin Newsom speaks during a press conference for a bill signing for a housing affordability reforms event in Oakland, California, on July 13, 2026. (Tayfun Coskun/Anadolu via Getty Images / Getty Images)
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
“But I’m voting no because this measure dedicates almost all of the revenue it raises to a single category of state spending,” he wrote in a June Substack post. “So here is what I support: A national billionaires’ tax. A true minimum tax on billionaires — a modern Buffett Rule — that ensures the people at the very top pay at least the tax rate their own workers pay.”
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