Erie Indemnity Company (ERIE), with a market capitalization of approximately $11 billion, is a management company serving Erie Insurance Exchange, a subscriber-owned property and casualty insurer. Based in Erie, Pennsylvania, it manages key sales, underwriting, policy issuance, and administrative functions on behalf of policyholders through the Erie Insurance Group.

Companies valued between $10 billion and $200 billion are generally classified as “large-cap stocks,” and Erie Indemnity fits this description, with its market capitalization reflecting its substantial size and established position within the financial services sector. Erie Indemnity stands out for its strong financial foundation and focused insurance business model. As attorney-in-fact for Erie Insurance Exchange, it receives recurring management fee revenue, while low debt, strong cash flow, and high profitability support financial resilience and operational stability.

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Despite these strengths, ERIE has slipped 27.7% from its 52-week high of $330.54, reached on October 27, 2025. Over the past three months, ERIE stock has climbed 8.1%, outperforming the State Street Financial Select Sector SPDR ETF (XLF), which has gained 4.3% during the same time frame.

Shares of ERIE have declined 16.6% year-to-date and 25.2% over the past year, trailing the ETF’s 2% year-to-date gain and 3.2% increase over the same period.

ERIE shares have traded below both their 50-day and 200-day moving averages only since mid-September, signaling a recent downtrend.

Erie Indemnity has lagged the broader market over the past year, with its weaker stock performance coinciding with moderating premium growth and policy retention. The company’s recent results showed slower growth in direct written premiums, while policies in force and retention also declined, pointing to a more challenging growth environment.

Still, Erie reported second-quarter results on July 30, with net income rising 3.2% year over year to $180.3 million, or $3.45 per share, while revenue increased 2.8% to $1.09 billion. The results highlighted continued earnings resilience despite slower growth trends. Erie shares subsequently jumped 3.6% in the following trading session, suggesting a positive market reaction to the quarterly results.

In the competitive financial services sector, Marsh & McLennan Companies, Inc. (MRSH) posted a smaller decline than ERIE, falling 5.7% year-to-date and 10.8% over the past 52 weeks.

Wall Street analysts remain moderately bullish on ERIE’s prospects. The three analysts covering it give the stock a consensus “Moderate Buy” rating.

On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com

AHRENSBURG, GERMANY—MC Mühlenchemie now offers enzyme systems in its Pastazym HighProtein series that are designed specifically for producing pasta with protein content of 18% or higher.

Both the amount and the source of protein may affect pasta negatively, according to the Ahrensburg-based company. Protein sources like wheat germ and legumes may overpower pasta flavor and alter color. Other potential issues are unstable dough, difficult extrusion, susceptibility to breaking, rough or matte surfaces, sticky texture, and variable cooking stability. The MC Mühlenchemie enzyme systems address the issues by stabilizing the protein network, reducing stickiness, improving surface quality and cooking tolerance, and contributing to sensory quality.

“At protein contents up to about 22% the challenges can generally be dealt with using targeted enzyme technology, making additional support of the gluten network beneficial,” said Jana Russnak, head of pasta applications at MC Mühlenchemie.

Higher protein content may require adding wheat gluten, according to the company.

Novig’s provocative marketing campaign featuring actor Sydney Sweeney generated a level of attention few conventional advertising campaigns could match, but industry veterans say the harder test lies ahead: converting viral buzz into funded, retained customer accounts for the sports prediction market platform.

The campaign, called “Just Sports” and launched ahead of the new NFL season, features Sweeney nude or partially clothed, with footballs, boxing gloves and other sporting equipment strategically positioned to preserve her modesty. Its central joke plays on Novig’s positioning within the prediction market industry: unlike some rivals, the platform offers only sports-related contracts, without political, war or death-related markets available elsewhere in the sector. Sweeney, who reportedly approached Novig about working together and has since become an equity holder in the company, was closely involved in developing the campaign. She told Complex the concept was enjoyable and aligned with her own interest in sports.

The imagery quickly spread well beyond Novig’s existing audience, generating a backlash led primarily by female athletes who argued the campaign reduced women’s presence in sports to sexual display. Former UCLA gymnast Gracie Kramer responded by sharing footage of herself competing, captioned, “I don’t know what Sydney Sweeney was doing, but this is what a woman in sports looks like.” British sprinter Amy Hunt, Olympic swimming champion Ariarne Titmus and water polo player Tilly Kearns were among other athletes who criticized the campaign. International rugby player Sofie Fella separately questioned why advertising budgets were being directed toward the campaign rather than toward investment in women’s sport, while other critics argued the ad undermined broader efforts to have female athletes evaluated on their athletic achievements rather than their appearance. The controversy was subsequently covered by outlets including the BBC and The New York Times.

Novig Chief Executive Officer Jacob Fortinsky defended the campaign publicly, saying the company remained “hugely supportive” of women’s sport and had never intended for Sweeney to serve as a representative of female athletes generally. Sweeney responded to the criticism separately by pointing to prior nude photoshoots involving elite sportswomen as precedent for the kind of imagery used in the campaign.

Tony Kenny, a communications industry veteran who previously served as head of sponsorship and public relations at William Hill and held a senior communications role at Paddy Power, said the campaign has clearly succeeded at the earliest stage of building a new customer base, even as significant uncertainty remains about what follows. “It has done a brilliant job of getting that attention,” Kenny said. “Absolutely, at the top of the funnel it has created awareness. Interest and searches are happening, and downloads are happening. The commercial questions are whether people progress to registration and a funded account, and then whether Novig retains them and creates value from those customers. We are still at an early stage.”

Kenny drew a distinction between the kind of consumer response a viral advertisement can generate and the considerably higher bar required to convert that attention into a funded trading account. Unlike Sweeney’s earlier campaign for American Eagle, in which seeing her wear a specific pair of jeans could directly prompt a viewer to purchase those jeans, the Novig campaign offers no equally direct link between the imagery and the underlying product being sold. “This is not a free trial; people have to put in their hard-earned cash,” Kenny said. “That is a stretch for any gambling company.”

While Novig can track how much traffic arrives through links embedded in its advertising and social media channels, Kenny noted that outside observers, and likely much of the company’s own leadership, cannot yet determine how many of those campaign-driven downloads translated into registered users, how many of those users went on to fund an account, or whether those who did trade an initial contract returned to the platform afterward. Separating the campaign’s specific effect from the broader seasonal uplift tied to the start of the NFL season adds a further layer of difficulty to any attempt to measure its true commercial impact.

Looking beyond the immediate attention generated by the campaign, Kenny said the more fundamental question facing Novig is what the company now wants its brand to represent going forward. “Novig has attention, awareness and some recall, but what does it want to be associated with?” he said. “Sydney Sweeney is now an equity partner. Is she going to be the face of Novig, or will the company pivot? From a communications and marketing perspective, the interesting question is: what next?” That question carries additional weight given that Novig itself is not an inherently self-explanatory name to a general audience; while industry insiders and experienced bettors may recognize it as a reference to “no vig,” describing trading without a conventional bookmaker’s margin, that meaning is unlikely to be understood by most people encountering the campaign for the first time.

Kenny pointed to his own experience at Paddy Power as an example of how provocative marketing can work when irreverence is genuinely embedded in a brand’s established identity, something he said requires sustained consistency rather than a single viral moment. “Paddy Power’s irreverence is authentic to the brand, and it creates shareable content,” Kenny said. “That is the key.” He suggested Novig could attempt to position itself similarly against larger, more corporate-feeling rivals such as Kalshi and Polymarket within the U.S. prediction market sector, but cautioned that sustaining such an identity across a market as large and culturally varied as the United States would represent a substantial ongoing undertaking, one that would require the company to keep producing attention-grabbing campaigns without simply repeating the same approach indefinitely.

“This will be a non-story next week,” Kenny said, describing the likely trajectory of public attention around the campaign. “What does it do as attention starts to die down? Does it flood the market with more ads?” For now, Kenny said, Novig has demonstrated a clear ability to seize a cultural moment and overshadow marketing campaigns from far larger, better-established competitors. What remains unproven, in his assessment, is whether the audience the campaign attracted actually understands what Novig sells, remembers the company’s name once the controversy fades, or has any real intention of becoming a paying customer.

WASHINGTON — The White House launched a 24/7 video stream on YouTube called “Trump TV” on Monday, days after President Donald Trump barred reporters from CNN, Politico and MS NOW from the White House over what he described as their coverage of him and his administration.

The stream’s inaugural broadcast featured footage of Trump speaking at Mount Rushmore on July 3, part of a livestream titled “Trump TV: The Essentials Station,” which began airing at 7 p.m. Monday. The stream’s YouTube description read: “Watch the Trump Administration’s biggest moments all in one place. Top videos, major remarks, and must-see highlights streaming 24/7 and updated in real time. Stay informed and stay up to date!” The White House used similar language in a post on social platform X promoting the channel, adding, “Not every big moment has made it on your TV, now it can.”

The video stream is also embedded on the White House’s own website, positioned beside a separate box labeled “White House Live.” At the time of the launch, that live window displayed an “Off Air” message advising viewers to “Stay Tuned.” Below both video windows, a running chyron displays official updates and statements praising Trump’s actions as president, among other content. It remains unclear whether Trump TV will carry live events featuring the president and members of his administration going forward.

Ahead of the channel’s formal launch, the White House’s YouTube account ran a promotional video for Trump TV that spliced together clips of characters from television shows and films, including “Seinfeld,” “Family Guy” and “The Dark Knight,” shown watching television, set to The Buggles’ 1979 song “Video Killed the Radio Star.” The words “Trump TV” flashed across the screen throughout the promotional clip.

California Gov. Gavin Newsom, a Democrat, criticized the channel’s rollout in a post on X, tying it directly to the administration’s earlier decision to bar reporters from the three news organizations. “First, Trump banned independent news from the White House,” Newsom wrote. “Now, he’s launching what is quite literally state-run TV to try drowning out the fact that he and his corrupt administration are failing the American people. This is truly autocratic behavior from a failed President.”

The press ban that preceded Trump TV’s launch was announced Friday, when Trump barred reporters from CNN, Politico and MS NOW from the White House, citing what he called “their constant ‘reporting’ FAKE NEWS!” Speaking to reporters in the Oval Office, Trump said there was no specific incident that prompted the timing of the ban, describing it instead as the result of “really just cumulative stories over the last two years.” He added, “You get sick of it.”

All three affected outlets filed a lawsuit against the administration Monday challenging the ban. In a joint statement, the outlets said the legal action was intended “to protect our First Amendment rights and defend the principle that the government does not decide what the press reports or publishes.”

Weijia Jiang, a former president of the White House Correspondents’ Association, condemned the press ban in a Fox News interview, framing it as fundamentally incompatible with American democratic norms. “An America cannot have state TV,” Jiang said. “That’s what makes America America … because you need independent actors to be able to be the observers. And if the government is only showing you what it wants, then you have to question: What are we missing?”

The launch of Trump TV and the underlying press ban arrive amid a broader stretch of administration actions that have drawn sustained scrutiny in recent days, including a triumphal arch project and developments tied to the Kennedy Center, according to coverage tracking the administration’s recent activities. Separately, multiple television networks have pulled out of the White House press pool in what has been described as a show of solidarity with CNN following the ban, according to reporting on the fallout from Trump’s decision.

The dispute over press access comes as Trump’s approval ratings have shown signs of softening in recent polling. A Reuters/Ipsos poll found Trump’s approval rating had fallen to an all-time low for his current term, according to results reported around the same period as the press ban and Trump TV’s launch, though the poll’s specific findings were not directly tied by any of the parties involved to the administration’s decisions regarding press access.

With the lawsuit from CNN, Politico and MS NOW now pending and Trump TV continuing to stream content from the White House’s YouTube channel, the dispute over the administration’s approach to press access appears likely to continue playing out both in federal court and in the broader public debate over how the executive branch communicates directly with the public, independent of traditional news organizations covering the White House.

Do remote workers need to return to the company office to thrive? Well, the answer to that is no. A survey by Akamai Technologies found that 83% of remote-friendly organizations reported high productivity.

That’s mainly due to the tools they use and a strong culture of trust. So, if you want to build a thriving remote team, it’s possible. Read on to learn more.

Source: Pexels

Sort Your Connectivity Before You Travel

Remote teams are not stationary. People relocate, spend a few months working from another country, fly out to a client onsite, or gather for the one week a year the whole team is in the same room. Movement is a feature of remote work, not an exception to it.

That creates a risk office-based teams never face: someone landing in another country with no reliable way to get online. The consequences are practical. A deliverable sits unapproved. A stand-up runs without the person who owned the update. A client waits while a colleague hunts for airport Wi-Fi that keeps dropping. So treat connectivity like the flight itself and sort it before departure, not on arrival.

An eSIM is the simplest way to do that. It installs on the phone before you leave, activates the moment you land, and skips your home carrier’s roaming charges entirely. That matters more than it sounds. Australian carriers still bill roaming per person, per day, which is how a fortnight abroad for three colleagues becomes an expense line nobody budgeted for.

Say your team offsite is in Tokyo, or a developer is spending a month working out of Osaka. A Holafly eSIM option for Japan gives them unlimited data for the duration of their stay at a single upfront price, so nobody has to ration their connection midway through a workday.

Every Holafly plan also includes Always On: 1GB of free backup data each month that kicks in automatically when the main plan runs out, pauses, or expires. It’s a small safeguard, but it means a handover or an approval never stalls because someone’s data ended.

Hiring Across Borders

Research has found that 84% of executives find it hard to get technical talent in local markets. So, what option do they have? Well, it’s to hire across borders. You can do that by:

• ● Defining the skills, experience, and work habits required for each role.
• ● Not focusing on where candidates live.
• ● Using consistent talent evaluation criteria to make hiring decisions based on ability.
• ● Reducing cultural bias while hiring.
• ● Creating clear team guidelines around communication, availability, meetings, feedback, and decision-making.

The good thing about hiring across borders is that you get to hire top talent in the required fields. What’s more, you get to promote the global economy.

Tools That Keep Teams Aligned

Source: Pexels

The right tools can reduce communication gaps. At the same time, they can keep remote projects on track. And the most important ones for a thriving remote team are project management platforms and communication tools.

The good thing is that there are several project management platforms that you can use. Some of them include Monday.Com, Asana, Trello, Notion, and ClickUp. These tools will help you assign and track project progress.

When it comes to communication apps, consider platforms like Slack. Slack integrates well with other productivity apps. This ensures fast and ongoing communication across teams.

Maintaining Company Culture Remotely

According to a SHRM report, 83% of employees at companies with a strong culture say they are motivated to produce high-quality work. At the same time, companies with a strong culture see up to 4X higher revenue growth.

So, if you want your remote team to thrive, establish a strong culture. You can do that by:

• ● Highlighting accomplishments during team meetings.
• ● Having a dedicated shoutout channel.
• ● Running a 15-minute virtual coffee roulette to build bonds across borders and time zones.
• ● Hosting monthly collaborative activities, such as virtual trivia.

Measuring Productivity Without Micromanaging

Measuring productivity is a must when it comes to remote work. And the best way to do it is to set clear goals, deadlines, and measurable KPIs. Then, give employees the freedom to decide how they’ll complete their work.

This will ensure that they’re highly likely to be engaged and perform better. Therefore, for better productivity, don’t micromanage everything.

Laurent Simoneau
Founder, CEO & Director

Good morning, ladies and gentlemen, and welcome to Coveo’s 2026 Annual General Meeting of Shareholders. [Foreign Language] My name is Laurent Simoneau, and I’m the CEO of the company. With me here on this virtual AGM are Karine Hamel, the Chief Financial Officer of Coveo; and Jérémie Ste-Marie, the Senior Vice President and General Counsel of Coveo as well as a number of other executives and Board members in listen-only mode.

As you know, the company has decided this year again to conduct this meeting virtually by way of a live broadcast — live webcast, I should say, to maximize shareholder attendance for those who would be unable to attend the meeting in person. By holding the meeting virtually, all shareholders, regardless of their geographic location, have an equal opportunity to participate in real time and vote at the meeting.

Dear shareholders, this is an exciting time for Coveo. Over the past several years, the conversation around enterprise AI has evolved rapidly from experimentation to implementation and now to operational scale. Organizations are no longer asking whether AI can deliver value. They are focused on deploying AI across critical business processes while ensuring reliability, governance, measurable outcomes, and return on investment. As AI becomes increasingly embedded in the enterprise, the ability to deliver trusted and contextually relevant information has become foundational.

We believe this shift plays directly to Coveo’s strengths. Against this backdrop, fiscal 2026 was another year of strong execution. We continue to expand our SaaS business, strengthened relationships with strategic customers and drove meaningful adoption of our AI relevance platform across both

The astronomical start of fall arrives Tuesday evening in the Northern Hemisphere, but forecasters say anyone hoping the change of season will bring a quick break from summer heat may be disappointed, with a combination of El Niño and climate change expected to keep U.S. temperatures running warmer than normal through much of the fall.

The autumnal equinox occurs precisely at 8:05 p.m. Eastern time Tuesday, the moment worldwide at which the sun sits directly above the equator. The word “equinox” derives from the Latin words “aequalis” and “nox,” meaning equal night, reflecting the fact that day and night run roughly 12 hours each across most of the world on the date of the equinox. That near-equal split will hold true Tuesday from as far north as Utqiagvik, Alaska, formerly known as Barrow and located north of the Arctic Circle, all the way south to Wellington, New Zealand, the world’s southernmost capital city. Day and night are not precisely equal on the equinox itself because Earth’s atmosphere refracts, or bends, sunlight in a way that creates the appearance of slightly more daylight than technically exists at that moment, meaning the date when day and night are truly equal in length typically falls a few days after the equinox.

South of the equator, Tuesday’s equinox marks the opposite seasonal transition, signaling the start of spring rather than fall for the Southern Hemisphere.

Despite the equinox’s popular association with the “official” start of fall, no government or scientific administrative body actually designates it as such in any formal capacity. Meteorologists and climatologists instead define the seasons differently, using a system based on the calendar month rather than the sun’s position relative to Earth. Under that meteorological definition, summer, defined as the three hottest months of the year in the Northern Hemisphere, June, July and August, officially ended on August 31, more than three weeks before Tuesday’s astronomical equinox.

Whichever definition is used to mark summer’s end, forecasters say the transition into fall is unlikely to bring the kind of widespread cooldown many might expect. Zach Labe, a climate scientist at Climate Central, said the combination of a developing El Niño pattern and the broader effects of human-caused climate change points toward a high likelihood of warmer-than-normal temperatures continuing through the fall season. “The summer that is just ending was one for the record books, with record ocean heat, the warmest month recorded globally,” Labe said. “And extremes like these could be just the beginning.”

According to Labe, global temperature records set this summer were substantial in scope. Worldwide, August ranked as the warmest such month on record when accounting for combined land and ocean temperatures, and the U.S. national average for August set records across all three standard measurements: maximum, average and minimum temperatures. Labe explained that El Niño’s influence on those record-setting figures stems from the pattern’s underlying mechanics. “El Niño is all about redistributing heat,” he said, describing how the phenomenon transfers stored ocean heat into the atmosphere, a process that tends to provide an additional boost to global temperatures during El Niño years.

The scale of this year’s warmth has extended well beyond isolated regional records. Through August, the average temperature across 2026 has ranked as the warmest on record for the contiguous United States as a whole, according to Labe. At the state level, Arizona, California, Colorado, Montana, Nevada, New Mexico, Oklahoma, Texas, Utah and Wyoming have each recorded their warmest start to a calendar year on record through the same period.

Even as El Niño draws attention for its role in this year’s heat, Labe was careful to emphasize that the underlying driver of the broader warming trend lies elsewhere. “It’s not really El Niño that is breaking those records,” he said. “It’s human-caused climate change. That’s what’s driving the long-term trend.” Federal forecasters expect the current El Niño pattern to peak later this fall or in early winter and to rank among the strongest El Niño events on record, though Labe cautioned against assuming that intensity alone will translate directly into more severe weather impacts. “That doesn’t always necessarily mean stronger impacts,” he said. “Every El Niño has its own flavor. Each one is different. And so that’s really important to keep in mind.”

For much of the country, the practical upshot of Tuesday’s equinox is likely to be more symbolic than immediately noticeable in day-to-day weather. While the sun’s angle and daylight hours will continue shifting toward shorter days and longer nights as the Northern Hemisphere moves deeper into fall, the broader warmth that has defined this record summer appears poised to linger well past the calendar’s official seasonal marker, according to the forecast outlined by Labe and other climate researchers tracking the current pattern.

With El Niño’s peak still weeks or months away and the long-term warming trend tied to climate change continuing to shape baseline temperature expectations nationwide, forecasters say residents across much of the United States should prepare for a fall season that, despite its astronomical start Tuesday evening, may look and feel considerably warmer than the season traditionally has in years past.

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