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Missouri Court Postpones Bayer Roundup Settlement Hearing to September

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Missouri Court Postpones Bayer Roundup Settlement Hearing to September

A Missouri court granted a request to postpone to Sept. 14 a hearing to consider the final approval of Bayer’s BAYN proposed $7.25 billion class settlement over its Roundup weedkiller, the company said.

Bayer and the class counsel filed a joint motion with the St. Louis city circuit court earlier in the week to reschedule the hearing, which had been previously scheduled for Aug. 19.

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Bitcoin heads for 2% weekly gain as risk assets rally, Fed rate hike bets ease

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Letterboxd Goes Down? Users Face Sunday Ongoing Sign-In Problems

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Users of the film social network Letterboxd began reporting access problems Sunday morning, with outage-tracking service Downdetector logging complaints starting at 9:14 a.m. EDT and the hashtag #LetterboxdDown gaining traction on social media as frustrated users sought answers.

Downdetector, which aggregates real-time user reports to flag potential service outages, posted about the issue on X, asking users how the disruption was affecting them and linking to its live outage tracker for the platform.

What users are experiencing

Reports collected across multiple outage-monitoring services point to sign-in and login issues as the primary complaint among affected users. According to StatusGator, which monitors service health using a combination of issue reports, page visits and signal strength, the platform showed signs of a possible outage detected around 1:05 p.m. Eastern time Sunday, with the specific issue identified as “sign-in issues after unexpected logouts.”

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Separately, outage-tracking site UpDownRadar collected numerous firsthand complaints from users across multiple countries describing difficulty accessing the service. Reports came in from locations including the United Kingdom, Germany, France, the Philippines and the United States, with users describing being unable to log in on both the Letterboxd website and its mobile app. One user’s comment, relayed through the tracker, described the outage lasting “like 3 hours,” while another described receiving an “internal server issue” message when attempting to load features like their watchlist or friends’ reviews.

A history of intermittent outages

Sunday’s disruption is not the first time Letterboxd has experienced service issues. According to StatusGator’s tracked incident history, the platform has faced several previous outages and login problems throughout 2026, including a reported service outage lasting just over three hours in May and separate login and page-loading issues in March and February. The platform has also experienced connectivity issues tied to third-party infrastructure providers in the past, though it was not immediately clear Sunday whether a similar underlying cause was responsible for the latest reports.

Mixed signals from automated monitors

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Not all outage-tracking services detected the same severity of disruption. Automated monitoring service UptimeRobot reported that its most recent automated check, run at 1:02 p.m. GMT Sunday from North America, did not detect any unusual response times or error codes from Letterboxd’s servers. Similarly, status-tracking site Entireweb reported that Letterboxd was “operating normally” as of Sunday, citing 15 user reports over the previous 24 hours but none in the hour immediately preceding its check.

The discrepancy between automated uptime checks and user-submitted reports is common during intermittent or regionally concentrated outages, where a service’s core infrastructure may remain technically online even as specific features — such as user authentication or login sessions — experience disruptions for a subset of users.

About Letterboxd

Letterboxd functions as a combined movie database, personal film journal and social network, allowing its reported 17 million worldwide users to rate films on a five-star scale, write reviews, tag movies with relevant keywords, and maintain lists of films watched or planned to watch, according to Wikipedia’s overview of the platform. The service allows anyone to browse content without an account, though creating a profile is required to rate, review or otherwise interact with the platform’s social features.

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The platform has faced security issues in the past as well. In March 2024, Letterboxd disclosed that it had suffered a data breach the previous month after a staff account was compromised, though the company said at the time that the breach affected “significantly less than 1% of all accounts,” according to Wikipedia.

What to do if you’re affected

For users currently experiencing issues, general troubleshooting steps recommended by outage-tracking services include trying to access the platform from a different browser, device or network — such as switching to a mobile hotspot — as well as clearing your device’s DNS cache, disabling any active VPN connection, or restarting your router. If the platform loads normally through an alternate connection, the issue is likely isolated to the original network rather than reflecting a broader, confirmed outage affecting all users.

As of this writing, Letterboxd had not issued an official public statement acknowledging the outage or providing a timeline for full resolution. The situation remains fluid, and Downdetector’s live tracker continues to log new user reports as they come in.

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Still Effectively Closed as Iran and Oman Near a Navigation Deal, for Now

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Strait of Hormuz Remains Largely Closed Despite US-Iran Ceasefire as

The Strait of Hormuz remains effectively closed to commercial shipping as of Sunday, five months into a crisis that has cut off one of the world’s most critical energy chokepoints, even as Iran and Oman signal they are nearing an agreement on how to manage traffic through the waterway.

According to tracking data from the monitoring site straits.live, only two ships transited the strait on Aug. 2, compared with a pre-crisis baseline of roughly 73 transits per day — a stark illustration of how thoroughly the waterway has been shut down since the crisis began. The site’s independent assessment currently classifies the strait’s status as closed to commercial shipping.

A crisis now in its sixth month

The closure traces back to Feb. 28, 2026, when the United States and Israel conducted airstrikes on Iranian military targets, including the assassination of Iran’s Supreme Leader, Ali Khamenei, according to Wikipedia’s documented timeline of the conflict. In response, Iran closed the strait to all foreign shipping, with the Islamic Revolutionary Guard Corps transmitting warnings over VHF radio declaring that no ship would be allowed to pass. Britain’s Royal Navy said at the time that the closure was not legally binding, though it acknowledged that safety could not be guaranteed for vessels attempting to transit.

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By early March 2026, the IRGC confirmed the strait was closed specifically to “unfriendly nations,” while continuing to allow Iran-approved vessels — largely petroleum shipments bound for China and India — to pass, sometimes under military escort.

The toll on shipping has been substantial. According to Wikipedia’s tally, the crisis has resulted in one tugboat sunk, at least 17 merchant ships damaged, two merchant ships captured, and 12 seafarers killed or missing, along with one port worker killed and two wounded in a related incident in Bahrain.

New Iranian demands complicate the path forward

Iran issued a fresh round of demands Saturday for what it would take to fully reopen the strait, according to reporting from NBC News based on Associated Press coverage. Iran’s Supreme National Security Council, in a statement delivered by council secretary Mohammad Bagher Zolghadr, said the waterway would not reopen until the United States “corrects its behavior” — a list of conditions that includes lifting the U.S. naval blockade of Iran, ending sanctions, withdrawing American military forces from the region, paying war reparations and unfreezing Iranian assets.

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The statement came the same day the United Arab Emirates said one of its oil tankers, affiliated with the Abu Dhabi National Oil Company, was targeted by a missile while transiting the strait — an incident that underscored the continued danger facing commercial vessels even amid active diplomatic talks.

Progress with Oman, but caveats attached

Despite the hardened rhetoric aimed at Washington, Iran has signaled more constructive engagement with Oman, the Gulf Arab nation that has served as a mediator in the broader conflict and shares a border along the strait. Iranian Foreign Minister Abbas Araghchi said Saturday that talks with Oman over how to manage navigation through the waterway were “approaching the final stages,” according to CBS News.

However, Araghchi was careful to separate that progress from any broader reopening of the strait to international traffic. “This is not a sign of the reopening of the Strait of Hormuz,” he said, adding that full reopening remains “subject to other conditions and compensation for the violations” Iran attributes to the United States and its allies.

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A U.S. military leadership seeking an exit

Behind the scenes, there are signs that top U.S. military officials are growing wary of further escalation. According to sources cited by CNN, the chairman of the Joint Chiefs of Staff has privately made clear that the United States needs to find an “off-ramp” from the broader war with Iran, warning that available military options to further escalate the conflict could backfire.

Separately, Israeli Prime Minister Benjamin Netanyahu vowed Sunday to prevent Iran from acquiring nuclear weapons, reiterating a long-standing goal regardless of how diplomatic talks between Tehran and Washington ultimately unfold, according to CBS News’ live coverage of the situation.

Economic fallout continues to mount

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The prolonged closure has driven global energy costs sharply higher. According to tracking site Global Energy Flow, Brent crude settled up 9.59% on a recent Monday at $83.30 a barrel — its largest single-day gain in more than six years — and has traded as high as roughly $86 a barrel intraday since, putting prices about 19% above pre-war levels.

A Congressional Research Service report published by the Library of Congress noted that periodic Iranian attacks on shipping, combined with retaliatory U.S. strikes against Iran, have severely disrupted traffic through the strait for most of the past five months. The report also cautioned that even with Iran’s military capabilities diminished, the mere threat of future attacks could continue producing closure-like conditions if shipping companies conclude the risk of transiting the strait outweighs the potential benefit.

What would it take to fully reopen the strait

Based on Iran’s stated conditions, a full reopening appears contingent on a broader resolution to the underlying U.S.-Iran conflict rather than a standalone navigation agreement with Oman. Prior diplomatic efforts have repeatedly stalled: an April 7 ceasefire agreement between the U.S. and Iran, which President Trump said at the time was contingent on the “complete, immediate, and safe opening of the Strait of Hormuz,” broke down after Iran halted shipping traffic in response to separate Israeli attacks in Lebanon, according to the Congressional Research Service report.

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For now, with roughly 20% of the world’s oil trade and a significant share of global liquefied natural gas normally passing through the strait before the crisis, the waterway’s continued closure remains a central pressure point shaping both regional diplomacy and global energy markets — with no clear timeline yet for when normal shipping traffic might resume.

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Charlamagne Tha God Explains Why Kevin Durant Ring-Chased but LeBron James Built Champions Everywhere

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Charlamagne Tha God Explains Why Kevin Durant Ring-Chased but LeBron

Radio host and media personality Charlamagne Tha God has weighed in on one of the NBA’s most persistent debates, arguing that LeBron James’ decision to join the Philadelphia 76ers should not be lumped in with Kevin Durant’s move to the Golden State Warriors nearly a decade ago, despite both being framed by critics as examples of “ring chasing.”

The comparison has resurfaced since James announced he was signing with Philadelphia, joining a roster that already features Tyrese Maxey and Jaylen Brown — both of whom averaged more than 28 points per game and earned All-NBA selections during the 2025-26 season — along with 2023 MVP Joel Embiid and rising young wing VJ Edgecombe. On paper, it’s a roster loaded with talent for a 41-year-old superstar chasing another championship late in his career.

Two very different paths to a stacked roster

Charlamagne Tha God laid out his case by contrasting the situations James and Durant walked into when they joined their respective new teams. When Durant signed with Golden State in 2016, he was joining a team that had already won a championship in 2015 and had posted the best regular-season record in NBA history, going 73-9, during the 2015-16 season. That Warriors team had also eliminated Durant’s Oklahoma City Thunder in the Western Conference Finals and came within one win of a second consecutive title before falling in the NBA Finals. The core of Draymond Green, Klay Thompson and Stephen Curry was already firmly established as a championship-caliber nucleus before Durant arrived.

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James’ path, by contrast, involved joining teams that were far from championship contenders at the time. When he signed with the Miami Heat and helped lead the franchise to four consecutive NBA Finals appearances, Miami had been eliminated in the first round of the playoffs three times over the previous four seasons. When James later returned to the Cleveland Cavaliers, the franchise had missed the playoffs entirely in each of the four years he had been away. And when James led the Los Angeles Lakers to a championship in 2020, that franchise had missed the playoffs for six consecutive seasons beforehand.

‘That’s not ring chasing’

Charlamagne Tha God argued that this pattern — joining struggling franchises and turning them into contenders, rather than joining an already-established powerhouse — is what separates James’ latest move from Durant’s decision nearly a decade earlier.

“KD to Golden State is ring chasing because KD never won a ring anywhere and still hasn’t won a ring anywhere else. He went to Golden State because Golden State were champions and won two rings,” Charlamagne Tha God said. “LeBron has won everywhere he went; he has been the difference maker. So he goes to Philly, that’s not ring chasing.”

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The framing positions James’ move to the 76ers as consistent with a career-long pattern, given that Philadelphia has not reached a Conference Finals appearance since 2001 — meaning James is, once again by this logic, joining a team he’ll need to help build up rather than one already positioned at the top of the league.

A perception shift already underway in Philadelphia

Beyond the historical comparison, Charlamagne Tha God’s broader point touches on how James’ presence has already reshaped outside expectations for the 76ers. Before James committed to signing with Philadelphia, the team was not widely regarded as an overwhelming championship favorite. His arrival has visibly shifted that perception across NBA media coverage.

James has also continued to demonstrate he can still influence winning basketball at an advanced stage of his career. During the 2026 playoffs, he averaged 23.2 points per game after being handed increased offensive responsibility following injuries to teammates Luka Doncic and Austin Reaves — a stretch that underscored his continued ability to take over games when circumstances demand it.

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A different kind of role in Philadelphia

Unlike previous stops in his career, James isn’t expected to be the unquestioned primary option for the 76ers. Instead, his value in Philadelphia is expected to come from a more situational role — knowing when to take over offensively, when to defer to Maxey and Brown, and how to help stabilize the team when pressure mounts during high-stakes moments.

Should Embiid continue to face the injury issues that have limited him throughout much of his career, James’ role could shift further toward helping keep the team organized while developing Edgecombe and getting the most out of bench contributors such as Anfernee Simons and Dean Wade.

An ongoing debate among NBA fans and media

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The comparison between James’ and Durant’s team-building paths remains a point of active debate among fans and analysts alike, with reactions to Charlamagne Tha God’s framing reflecting a broader divide in how people evaluate legacy-building moves late in a superstar’s career. Whether the distinction ultimately holds up may depend on how James and the 76ers perform together this coming season — and whether Philadelphia can translate its newfound star power into the deep playoff runs that have eluded the franchise for more than two decades.

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The Economy No Longer Stinks – But Stocks Have Already Sprinted Ahead (NYSEARCA:SPY)

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The Economy No Longer Stinks - But Stocks Have Already Sprinted Ahead (NYSEARCA:SPY)

This article was written by

Daniel Martins is the founder of independent research firm DM Martins Research. The firm’s work is centered around building more efficient, easily replicable portfolios that are properly risk-balanced for growth with less downside risk. His work has been featured on Seeking Alpha and other platforms through 2,000+ articles, and it has been cited by the New York Times, CNN, Reuters, USA Today, and others.- – -Daniel is the founder and portfolio manager at DM Martins Capital Management LLC, a macro strategy hedge fund (leveraged risk-parity approach that uses return stacking to achieve aggressive long-term capital appreciation). He is a former equity research professional at FBR Capital Markets and Telsey Advisory in New York City and finance analyst at macro hedge fund Bridgewater Associates, where he developed most of his investment management skills earlier in his career. Daniel is also an equity research and global equities market instructor for Wall Street Prep, where he has developed content and trained hundreds of senior and junior analysts at some of the largest bulge bracket investment banks and sovereign investment funds in the world.He holds an MBA in Financial Instruments and Markets from New York University’s Stern School of Business.- – -On Seeking Alpha, DM Martins Research has partnered with EPB Macro Research and collaborated with Risk Research, Inc.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of SPY, BTAL 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.

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.

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China Yuchai Stock: I Underestimated This Company (NYSE:CYD)

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China Yuchai Stock: I Underestimated This Company (NYSE:CYD)

This article was written by

As of June 2026, I’m globally ranked in the top 1.9% of investment experts and financial bloggers on TipRanks. My goal is to clarify the complexities of investment opportunities and risks for both individual and professional investors, while also helping newer investors build confidence as they learn to evaluate opportunities with a disciplined, long-term mindset, so please follow me if this is the type of research you’re looking to read.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in CYD over 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.

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Apple tests China’s CXMT memory chips for iPhones and MacBooks, WSJ reports

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Aflac: Reliable Dividend Compounder, Premium Justified, But Meaningful Upside Unlikely

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U.S. Dollar Rises With More Room To Run Amid Iran War, Surging Oil Prices

This article was written by

Formerly known as “The Dividend Collectuh.” Top 1% of financial experts on TipRanks. Contributing analyst to the iREIT+Hoya Capital investment group. Dividend Collection Agency is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I’m a Navy veteran who enjoys dividend investing in quality blue-chip stocks, BDCs, and REITs. I am a buy-and-hold investor who prefers quality over quantity and plans to supplement his retirement income and live off dividends in the next 5-7 years. I aspire to reach and help the hard working, lower and middle class workers build investment portfolios of high quality, dividend-paying companies. I also hope to give investors a new perspective to help them reach financial independence.

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.

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Iran says Oman deal is in ’final stages’ but US must act to open Hormuz

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Court Clears Way for $11 Billion in Student Loan Forgiveness for Over 170,000 Defrauded Borrowers

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More than 170,000 borrowers are set to have roughly $11 billion in federal student loan debt erased after a federal appeals court rejected the Education Department’s latest attempt to delay a yearslong class-action settlement, clearing the way for one of the largest debt relief actions in U.S. history to move forward.

The decision, handed down July 17, upholds the settlement schedule in Sweet v. DeVos, a borrower-defense class action originally filed in 2019. The case is now expected to result in at least $23 billion in total federal student loan relief for approximately 500,000 borrowers, according to the Project on Predatory Student Lending, the organization that brought the case on behalf of plaintiffs.

A yearslong fight over broken promises

The lawsuit centers on students who say they were misled or defrauded by predatory for-profit schools and subsequently applied for relief under the federal Borrower Defense rule, which allows borrowers to have their loans forgiven if their school engaged in fraud or other misconduct. Nine original plaintiffs, including Theresa Sweet, a California woman who attended the Brooks Institute of Photography, sued the Education Department — then led by Betsy DeVos — alleging the agency had failed to cancel debts that met the criteria for relief.

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In their original 2019 court filing, the borrowers argued that the schools “actually delivered worthless products that left students with thousands of dollars in debt, damaged credit, and depleted access to further student aid.” The plaintiffs also alleged that beginning in January 2017, the Education Department began ignoring what they described as a growing backlog of borrower defense claims, reducing its capacity to process them while redirecting resources toward undoing work from the prior administration.

The consequences for borrowers awaiting decisions were often severe. According to the case, many were unable to secure jobs they believed they qualified for and could not obtain loans to buy homes or cars while their claims remained unresolved. One student told the court her loan balance had grown from about $250,000 to more than $400,000 while she waited for a borrower defense application accepted in June 2022 to be resolved.

A settlement repeatedly delayed

The Biden administration reached a settlement in the case in 2022, but according to the Project on Predatory Student Lending, the Trump administration has continued to delay providing relief to borrowers in the years since. The Education Department’s most recent attempt sought to postpone the settlement’s relief schedule by 18 months — a request the federal appeals court rejected in its July 17 ruling.

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That ruling means roughly $11 billion in loans are now set to be forgiven for more than 170,000 borrowers who did not receive timely decisions on their borrower defense applications, Eileen Connor, president and executive director of the Project on Predatory Student Lending, told USA Today.

‘The largest settlement ever reached against the federal government’

Connor described the scale of the settlement in stark terms. “In terms of monetary relief provided, Sweet is the largest class-action settlement in American history and the largest settlement ever reached against the federal government,” she told USA Today. “It is also among the largest settlements of any kind in the U.S.”

Connor also framed the court’s decision as a broader statement about government accountability. “It forced the federal government to act on roughly half a million long-neglected claims and entitled the overwhelming majority of those borrowers to full settlement relief — including cancellation of debt they should never have owed, corrected credit reports, and, where applicable, refunds of payments they had already made,” she said. “It also made clear that the federal government cannot simply disregard borrowers’ rights and its own legal obligations without consequence.”

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Relief already delivered — and what’s still owed

The original 2022 settlement has already resulted in $6 billion in federal student loan debt relief for roughly 300,000 borrowers. But the case’s reach expanded significantly during years of continued litigation, as a backlog of more than 210,000 additional borrower defense applications built up while the legal battle played out, according to the Project on Predatory Student Lending. That backlog is now largely responsible for pushing the total number of affected borrowers toward 500,000.

A community shaped by years of waiting

For plaintiffs like Sweet, the settlement represents the resolution of a fight that stretched across two presidential administrations. “This case was always about borrowers coming together to stand up for what was right,” Sweet said in a July 23 news release. “Through the ups and downs of the last seven years, we became a community united by the belief that what happened to us was wrong, and it became clear just how many people had been harmed by the same broken system.”

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What borrowers need to know

New applicants seeking borrower defense relief are not eligible for this particular settlement, which applies specifically to the roughly 170,000 borrowers who filed applications in 2022 and did not receive timely decisions. The Education Department’s final deadline to clear these borrowers’ loan debts is June 15, 2027, and affected borrowers are not required to make payments while they wait for forgiveness to take effect.

Connor told CNBC that the average federal student loan balance forgiven under the settlement exceeded $48,000, though she cautioned that individual amounts vary widely, with many borrowers receiving substantially more or less than that average.

Despite the court’s ruling, some members of the original plaintiff class have reported waiting as long as a year and a half for relief to materialize, prompting the Project on Predatory Student Lending to send the Education and Justice departments a formal notice alleging a material breach of the settlement. Borrowers seeking more information about the settlement and the relief process can visit the Project on Predatory Student Lending’s website.

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