Business
Florida bans sloth imports after dozens die of animals at Sloth World facility
Florida wildlife officials are drafting legislation to temporarily ban the import of sloths after numerous deaths of the animals at Sloth World in Orlando. (Courtesy: The Florida Channel)
Florida wildlife officials signed an executive order on Wednesday to temporarily ban the importation of sloths following dozens of animal deaths at an Orlando facility.
Florida Fish and Wildlife Conservation Commission (FWC) executive director Col. Roger Young said the planned attraction, Sloth World, has relinquished all of its permits after a fatal intestinal infection swept through its animals.
Young confirmed the outbreak is isolated to Sloth World and said inspections of other Class III wildlife facilities in Florida found no widespread issues.

Sloth World was a planned attraction in Orlando, Fla. (Ricardo Ramirez Buxeda/Orlando Sentinel/Tribune News Service via Getty Images / Getty Images)
The crackdown comes after Sloth World imported at least 69 wild-caught sloths for a planned “Slotharium” exhibit, according to the Sloth Conservation Foundation (SloCo).
At least 31 of the sloths died before the facility opened to the public and roughly 24 sloths remain unaccounted for.
Following Sloth World’s closure, 13 surviving sloths were relocated to the Central Florida Zoo & Botanical Gardens on April 24 for emergency veterinary treatment.
Three of the sloths that arrived in the most critical condition — Bandit, Habanero and Dumpling — have since died, according to the zoo.

PETA alleges sloths owned by Sloth World died in the dark inside cages. (Florida Fish and Wildlife Conservation Commission inspection report via PETA / Fox News)
Necropsy reports confirmed the primary cause of death for the animals was severe emaciation, with Bandit also suffering from abnormal fluid accumulation in his body.
The youngest and smallest of the rescued group, a sloth named Mr. Ginger, remains in critical condition in intensive care.
Zoo veterinary staff are working around the clock to save the remaining sloths and recently received a special shipment of fecal samples from healthy sloths at the Los Angeles Zoo to help restore the gut microbiome of the sick animals.

Sloths Mr. Ginger, left, Dumpling and Habanero. (Central Florida Zoo & Botanical Gardens)
DOG TREATS RECALLED OVER FEARS OF SALMONELLA CONTAMINATION, FDA SAYS
SloCo officials said the surviving sloths can never be released back into the wild because their exact origins are unknown. Returning the animals could carry genetic risks to wild populations and the potential of introducing foreign pathogens.
Since sloths have lifespans of over 50 years, the organization said survivors now face a lifetime in human care at accredited Association of Zoos & Aquariums (AZA) facilities.
Earlier this month, U.S. Rep. Maxwell Frost, D-Fla., and Democratic Florida State Rep. Dr. Anna Eskamani visited the Central Florida Zoo to meet with conservationists and discuss overhauling the permitting and importation of exotic animals.

Florida state Rep. Anna Eskamani, left, Sam Trull, co-founder and executive director of The Sloth Institute in Costa Rica, Dr. Rebecca Cliffe, founder and executive director of The Sloth Conservation Foundation, and Orange County Commissioner Nicole (Ricardo Ramirez Buxeda/ Orlando Sentinel/Tribune News Service via Getty Images / Getty Images)
AMAZON’S RING EXPANDS AI-POWERED NETWORK TO HELP LOCATE LOST DOGS
Florida’s temporary 60-day pause on imports will likely have national implications, as roughly 98% of sloths imported into the U.S. enter through Miami.
Wildlife advocacy groups, including The Sloth Institute (TSI), SloCo and People for the Ethical Treatment of Animals (PETA), urged officials to take the executive order further, pushing for permanent federal protections.

Split of sloths receiving medical treatment at the Central Florida Zoo & Botanical Gardens. (Central Florida Zoo & Botanical Gardens / Fox News)
“Sloth World is an egregious example of the damaging effects of the sloth trade on the welfare and conservation of sloths,” TSI Co-Founder Sam Trull wrote in a statement provided to FOX Business.
Rebecca Cliffe, founder of SloCo, added the tragedy has “pulled back the curtain on an industry that is extremely dark and damaging.”
“Why did Sloth World not have to declare the deaths of the sloths in their care?” Cliffe said. “Why was all of this legally able to happen?”
Central Florida Zoo & Botanical Gardens rescued numerous sloths from Orlando’s Sloth World after it was shut down. (Credit: Central Florida Zoo & Botanical Gardens)
GET FOX BUSINESS ON THE GO BY CLICKING HERE
PETA submitted a complaint April 30 to the Florida Department of Law Enforcement calling for a cruelty investigation into Sloth World co-owners Peter Bandre and Benjamin Agresta.
PETA spokesperson Cydnee Bence told FOX Business the sloths were “snatched from their rainforest homes, endure[d] a terrifying journey, [and] were left to die in a barren warehouse.”

Sloths Bandit, left, and Mr. Ginger. (Central Florida Zoo & Botanical Gardens / Fox News)
“There’s no excuse for tearing animals out of their wild homes just so humans can harass them,” Bence said. “… With Sloth World in particular, it was a mass death by greed. Being confined in a totally unsuitable storage unit, just to be used in a roadside zoo is egregious.
“PETA is definitely looking forward to seeing Bandre and Agresta being held accountable for their actions and urges everyone to steer clear of any facility that uses wild animals as photo ops.”
The FWC, Sloth World and Central Florida Zoo did not immediately respond to FOX Business’ requests for comment.
Business
Betterment Ramps Up Portfolio Offerings for Advisors
Betterment Ramps Up Portfolio Offerings for Advisors
Business
NYT Connections No. 1096 Solved for June 11 2026 with Clever Category Themes
NEW YORK — The New York Times Connections puzzle for Thursday, June 11, 2026, delivered its 1,096th edition with four increasingly challenging word groups that tested players’ associative thinking and cultural knowledge. The daily game, which groups 16 words into four themed categories of four, continues to attract millions of solvers seeking a stimulating mental break.
Connections, launched alongside Wordle in the Times’ games portfolio, has become a morning staple for many. Puzzle No. 1096 featured a balanced mix of straightforward and more obscure connections, earning praise for its clever construction while remaining accessible to regular players.
Today’s Solution and Categories
The four groups in Connections No. 1096 were:
- Yellow (Easiest): Music Genres — JAZZ, POP, ROCK, RAP
- Green: Severe Weather Events — HURRICANE, TORNADO, BLIZZARD, TYPHOON
- Blue: Famous Movie Directors — SPIELBERG, SCORSESE, NOLAN, TARANTINO
- Purple (Hardest): Words That Can Precede “Apple” — BIG, CANDY, CARAMEL, PINE
Solvers who identified the music genres and weather events early gained momentum, while the purple category — requiring lateral thinking about compound phrases — proved the trickiest for many. The progression from yellow to purple followed the game’s standard difficulty curve, rewarding systematic elimination and creative associations.
How Players Approached the Puzzle
Most players began by scanning for obvious clusters. The yellow category of music genres was frequently spotted first, providing an accessible entry point. The green weather events group required noticing natural disaster terminology, which many associated through shared experiences or news exposure.
The blue category of renowned film directors tested pop culture knowledge, with players often connecting through cinematic history. The purple category demanded the biggest cognitive leap, linking words that form common phrases with “apple.”
Community forums noted the puzzle’s satisfying balance — challenging enough to feel rewarding but not frustratingly obscure. Average solve times hovered around 4-6 attempts, with many sharing colored grids on social media to compare results with friends.
Game Mechanics and Popularity
Connections presents 16 words that must be sorted into four groups of four based on shared themes. Mistakes reduce available attempts, adding gentle pressure. The color-coded difficulty system — yellow easiest, purple hardest — helps players track progress and encourages strategic thinking.
Since its debut, the game has joined Wordle as a daily habit for puzzle enthusiasts. Its social aspect, with shareable results grids, builds community and friendly competition. The New York Times regularly refreshes its games portfolio based on player feedback while preserving the core appeal of clever wordplay.
Educational and Cognitive Benefits
Educators and cognitive scientists highlight Connections’ value in enhancing pattern recognition, vocabulary, and flexible thinking. The June 11 puzzle touched on music, meteorology, cinema and idiomatic language, offering multifaceted mental stimulation suitable for various age groups.
The game’s accessibility — requiring only a web browser or app — contributes to its broad demographic reach. Many families and workplaces incorporate it into morning routines, fostering discussion and shared accomplishment.
Companion Puzzles and NYT Ecosystem
On the same day, players could tackle Wordle No. 1818 (solution: TESTY) alongside Connections, creating a complete morning puzzle suite. Other offerings like Spelling Bee, Mini Crossword and Letter Boxed provide additional challenges for enthusiasts seeking variety.
The Times continues refining its games, incorporating seasonal themes and player-suggested improvements without disrupting the fundamental experience. Companion articles offer hints, discussions and post-solve analysis, deepening engagement for dedicated solvers.
Strategies for Success
Veteran players recommend starting with categories that have clear thematic anchors, such as lists of proper nouns or obvious synonyms. Tracking used words and considering multiple possible groupings helps avoid mistakes. For puzzles like No. 1096, paying attention to contextual overlaps — for instance, words with dual meanings in entertainment versus everyday language — proves valuable.
Community forums, including Reddit’s r/NYTConnections, provide spaces for sharing experiences. Discussions around the June 11 edition highlighted appreciation for the film directors category and initial confusion between certain weather and music terms.
Looking Ahead in the Puzzle Calendar
As Connections approaches further milestones in its numbering, the Times maintains a steady release of fresh content. Future puzzles promise continued variety, drawing from pop culture, science, history and language nuances. Players can access archives to revisit past solutions or practice skills.
The enduring popularity of these games reflects a human desire for structured intellectual play in digital formats. Puzzle 1096 exemplified how seemingly disparate words reveal unexpected connections upon closer inspection, delivering the satisfying “aha” moment that defines the game.
Whether solved in one go or after several attempts, the June 11 Connections reinforced the game’s core appeal. As solvers move on to the next challenge, the daily ritual continues to unite participants in a shared linguistic adventure.
Analysts observe that such puzzles contribute to cognitive health, offering low-stakes opportunities for problem-solving that translate to real-world benefits. In an era of information overload, the focused nature of Connections provides a welcome mental reset.
For those who missed today’s solution, tomorrow brings a new grid and fresh opportunities to test wits against the New York Times’ clever constructors. The blend of accessibility and depth ensures Connections remains a highlight in daily digital routines for enthusiasts around the globe.
The June 11 puzzle served as another strong example of the game’s ability to entertain and educate simultaneously. As the Connections community grows, players can look forward to increasingly inventive themes that challenge assumptions and reward curiosity in equal measure.
Business
Want to Avoid the Whipsawing Tech Stocks? Dollar General and 7 Others to Buy.
Want to Avoid the Whipsawing Tech Stocks? Dollar General and 7 Others to Buy.
Business
Private Credit Beyond Headlines: Why Diversification And Liquidity Matter More Than Ever
Thai Noipho/iStock via Getty Images

By Kevin Flanagan & Chris Acito
Private credit has become one of the fastest-growing areas of income investing. As investors search for attractive yields and alternative sources of return, attention has increasingly shifted toward direct lending, private
Business
AMG River Road Small-Mid Cap Value Fund Q1 2026 Commentary (ARSMX)
AMG is a strategic partner to, and long-term investor in, leading independent investment firms globally. We provide the advantages of partnership to magnify our Affiliates’ success, while preserving their autonomy and independence. We leverage our capabilities and insight, offering strategic, business development, operational, and capital support to our Affiliates, to create exceptional value for their clients and our shareholders. With AMG, Affiliates are able to expand their reach, diversify their business, and achieve further success.
When Affiliates choose AMG as a partner, they are choosing independence. Not only do our partners value their autonomy, their clients also recognize that an independent firm’s entrepreneurial and investment-centric culture is instrumental to generating differentiated long-term returns.
Having operated our distinct partnership model for 30 years, our entrepreneurial spirit, ownership mindset, and focus on excellence are deeply rooted. Note: This account is not managed or monitored by AMG, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use AMG’s official channels.
Business
Wipro’s Rs 15,000 crore buyback opens today: Analysts expect 7-8% returns for retail investors. Here’s how
Wipro’s buyback will remain open from June 10 to June 17 during which the company will buy back up to 5.7% of its total paid-up share capital. The record date for the buyback was fixed on June 5, which means that only those shareholders who owned shares of the company on that day would be eligible to tender shares in the offer, and investors taking fresh positions today will not qualify.
Key things to know about Wipro’s buyback
Under Wipro’s buyback offer, eligible shareholders in the reserved category for small shareholders are entitled to tender 11 equity shares for every 56 equity shares held as on the record date (June 5). For shareholders falling under the general category, the buyback entitlement has been fixed at 10 equity shares for every 197 equity shares held on the record date.
Buyback of shares refers to a corporate action where a company repurchases its own shares from the existing shareholders. Usually, the company purchases the shares at a higher price than the current levels, encouraging investors to participate. Notably, Wipro has said that its promoters and promoter groups have indicated their intention to participate in the buyback. They can tender a maximum of 745 crore shares.
How can you participate in Wipro buyback?
Wipro shareholders can participate in the share buyback by placing a bid through a stock broker registered either with the BSE or the NSE via a separate window that would open up on the stock exchanges. The registrar will complete the verification of tendered shares by June 19, 2026. Thereafter, the final acceptance or rejection of shares tendered under the buyback will be communicated to the stock exchanges by June 23. The payment will be made to the eligible shareholders by June 24.
After the buyback, Wipro will return the unaccepted shares by June 24, as per the schedule shared by the IT giant in its exchange filing. “Eligible Shareholders must ensure that their demat account(s) is active and unblocked for receipt of unaccepted shares and that their bank account is linked with their demat account for credit of remittance on acceptance of equity shares under the buyback,” the company said.
How much profit can retail investors make from Wipro buyback?
Let’s take an investor who bought 1,008 shares of Wipro at Rs 198 apiece before the record date and is planning to tender shares in the buyback for example. The total value of her shares as on the record date stood at Rs 1,99,584, making her eligible for Wipro’s reserved category for small shareholders (less than Rs 2 lakh).
As per the entitlement ratio, she will be entitled to tender 198 shares out of her 1,008 stock holding (11 equity shares for every 56 equity shares held as on the record date). It is important to note that not all shares she tenders may be accepted in the buyback process.
However, for the shares accepted as part of the buyback, she will earn Rs 52 per share at the buyback price of Rs 250 per share, much higher than what she would have made if she sold the shares at the current market price of less than Rs 180.
Analysts on Wipro buyback
Sunny Agrawal, Head of Fundamental Research at SBI Securities, said that any retail investor holding shares within the small shareholder category (total value of shareholding below Rs 2 lakh as on the record date) should tender all her shares in the buyback.
“A retail investor holding up to 1,008 shares as on the record date will be eligible to tender around 212 shares (assuming an acceptance ratio of approximately 21% versus an entitlement ratio of 19.7%) at the buyback price of Rs 250, implying a gain of around Rs 70 per share over the current market price,” the analyst explained.Based on this calculation, the investor can earn a potential profit of around Rs 14,800, implying a 7.4% return on a total portfolio of Rs 2 lakh, Agrawal said. “While this is beneficial, the absolute return remains moderate rather than highly attractive,” he added. This is a good option for investors who acquired shares at Rs 198 or higher (as per the buyback document, on the record date, the closing price on NSE was Rs 198.37), according to the analyst.
Also Read | Should retail investors tender shares in Wipro’s buyback?
Harshal Dasani, Business Head at INVasset PMS, also said that existing eligible retail shareholders tendering shares in the buyback seem to be rational as the accepted portion can be sold back at a fixed premium.
If we assume Wipro’s market price at around Rs 181 apiece, the spread will roughly be Rs 69 per accepted share before tax and costs, Dasani explained, adding that on the entitlement alone, about 19 to 20 shares out of every 100 may get accepted, though the final acceptance can be higher depending on participation.
Narendra Solanki, Head of Fundamental Research of Investment Services at Anand Rathi Shares and Stock Brokers, calculated that retail or reserved category investors who are holding Wipro shares less than Rs 2 lakh as on the record date will likely have an acceptance ratio of 20%, and may earn a profit of approximately 7.7%.
What is the real risk?
The real risk is the unaccepted portion of shares, Dasani cautioned. If the stock weakens after the buyback, especially in a bearish IT and broader market setup, the residual holding can dilute the apparent arbitrage return, he explained.
“So this is a tactical buyback opportunity, not a reason to become structurally positive on Wipro or Nifty IT,” Dasani cautioned.
Also Read | 10 key things to know before tendering shares in Wipro’s Rs 15,000 crore buyback
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business
FS.COM shares jump over 10% after buyback plan announcement

FS.COM shares jump over 10% after buyback plan announcement
Business
Honasa shares jump 6% on Rs 5,500 crore revenue target by FY31. What is Goldman Sachs saying?
The company’s revenue outlook implies a CAGR of about 18% between FY26 and FY31. Mamaearth is expected to remain the key growth driver, with revenue crossing Rs 2,000 crore by FY31, while The Derma Co is projected to contribute nearly Rs 1,500 crore during the same period.
Further, the company plans at least two more Rs 500 crore revenue-generating brands across the portfolio, it said in an investor presentation. It owns brands such as Aqualoga, BBlunt, Dr Sheth’s, and Reginald Men.
Honasa plans to expand EBITDA margins to 15% by unlocking a 500-basis-point improvement through a stronger presence in higher-margin channels and categories, alongside benefits from scale and operating efficiencies.
The company’s direct outlet network is targeted to grow from around 1.2 lakh outlets currently to 3 lakh outlets by FY31. A greater mix of general trade, modern trade, and quick commerce is also expected to support margin expansion.
Honasa aims to become the national market leader in at least two skincare categories, while securing a top-three market share position in at least two additional categories.
Following the development, Goldman Sachs raised the target price of Rs 400, which the company has already surpassed. The international brokerage has maintained a Neutral rating on the counter.
Reflecting faster profitability improvement, the brokerage has raised its FY27-FY29 earnings estimates by 1-4%. However, Goldman Sachs believes the stock’s risk-reward remains balanced at current valuations.
Honasa Q4 snapshot
The company reported a whopping 177% year-on-year (YoY) jump in consolidated net profit to Rs 69 crore for the fourth quarter of the financial year 2026, from Rs 25 crore in the year-ago period.
Honasa’s revenue from operations, meanwhile, jumped over 23% YoY to Rs 657 crore during Q4 of FY26, compared to the Rs 533 crore revenue reported in the corresponding quarter of FY25.
Honasa shares have risen 64% in the last six months and about 50% in 2026.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business
Parents find lifeline in 50p kids' clothes shop
A second-hand shop selling cheap baby clothes sees rising demand as families cut costs.
Business
Applied Digital Signs $5.2 Billion Lease With Mystery Hyperscaler. The Stock Falls.
Applied Digital Signs $5.2 Billion Lease With Mystery Hyperscaler. The Stock Falls.
-
Fashion6 days agoWeekend Open Thread: Evereve – Corporette.com
-
Crypto World6 days ago
Jensen Huang Approves Samsung, SK Hynix, and Micron for NVIDIA (NVDA) HBM4 Memory Supply
-
Crypto World3 days agoAnatomy of the June crypto crash: Fed, Iran, Saylor
-
Entertainment4 days agoThe Best Mystery Series of All Time Is Surging on Streaming 30 Years After It Ended
-
NewsBeat3 days agoAlexander Zverev wins the French Open to finally earn a 1st Grand Slam title
-
Tech5 days agoSuspicious Polyfill login prompts pop up on Toshiba, Muji websites
-
Crypto World4 days agoSenator Cynthia Lummis Calls CLARITY Act the Most Consequential Financial Legislation of This Generation
-
Tech6 days agoMicrosoft launches MXC, an OS-level sandbox for AI agents, with OpenAI and Nvidia already on board
-
Tech4 days agoMicrosoft unveils seven homegrown AI models in new bid for ‘long term self-sufficiency’
-
Business6 days ago(VIDEO) Justin Bieber Delivers Surprise Happy Birthday Serenade to Diners at Los Angeles Mexican Restaurant
-
Business4 days agoThe Pain Points Taking a Fragile Tech Rally Down a Notch
-
Crypto World3 days ago
Eli Lilly (LLY) Stock Surges 4% Following Breakthrough Sleep Apnea Trial Results
-
Crypto World6 days ago
LBank Surpasses 25 Million Users Worldwide as AFA Partnership Continues to Drive Global Growth
-
Tech5 days agoVon der Leyen’s AI envoy pick draws conflict-of-interest fire
-
Tech6 days agoMeta steals a tactic from Tesla and builds data centers in tents
-
Crypto World4 days agoTrump’s AI Ownership Plan Could Benefit Anthropic at OpenAI’s Expense
-
Business3 days agoHigh Stakes for Wembanyama as New York Pushes for 3-0 Lead
-
Tech5 days agoHackers now exploit SolarWinds Serv-U flaw to crash servers
-
Sports2 days agoBangladesh beat Australia after 20 years in ODIs, register only their second win over six-time world champions | Cricket News
-
Tech3 days agoNotion restores access to Anthropic after service disruption

You must be logged in to post a comment Login