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“For $58 you can have your very own floss up you’re a—hole," she joked.

The billionaire said he believes the firms' earnings are poised for strong growth, which he views as the greatest driver of investment value over time.

A 17-year-old high school football player died late Wednesday after suffering a medical emergency during practice.

The Blink-182 drummer recounted a "huge blowout" fight that ended his first marriage in his new Hulu documentary.

The Blink-182 drummer recounted a "huge blowout" fight that ended his first marriage in his new Hulu documentary.

The fisherman desperately tried to peel off the octopus as it spread around his face — at one point covering his mouth with is powerful suckers and refusing to budge.

Treasury Department Ends Ownership Reporting For US Small Businesses

Authored by Owen Evans via The Epoch Times,

The Treasury Department on Tuesday finalized a rule permanently exempting U.S. companies and individuals from reporting beneficial ownership information to authorities, rolling back Biden-era Corporate Transparency Act requirements.

Treasury Secretary Scott Bessent testifies before the Senate Committee on Appropriations in Washington on June 3, 2026. Madalina Kilroy /The Epoch Times

"Today's action is a victory for common sense and American small businesses," Treasury Secretary Scott Bessent said in a statement on Aug. 11.

"President [Donald] Trump promised to cut red tape, and this final rule delivers. Treasury is eliminating a burdensome reporting requirement for millions of law-abiding business owners without compromising our national security."

The original rules, implemented under the Biden administration, had applied to tens of millions of mostly small businesses.

The Corporate Transparency Act (CTA) is the 2021 law requiring shell companies to disclose owners, and the Treasury Department's Financial Crimes Enforcement Network (FinCEN) is the enforcer.

The new policy means that U.S. companies and U.S individuals no longer have to tell FinCEN who owns them.

However, foreign reporting companies will have to disclose beneficial ownership information for foreign individuals, the department said in a statement.

The Treasury Department said that FinCEN will also delete previously reported information by Americans from the government's beneficial ownership information database.

FinCEN had previously implemented rules requiring certain companies to report beneficial ownership data as part of anti-corruption and anti-money laundering efforts backed by lawmakers and the Treasury Department under former President Joe Biden.

The latest move adopts the exemptions set out in the interim final rule issued in March 2025, part of a broader push by the Trump administration. At the time, the Treasury announced that it would not enforce the CTA against "U.S. citizens, domestic reporting companies, or their beneficial owners."

Under the beneficial ownership information scheme, small businesses had to submit personal information about their beneficial owners, including name, address, birth date, and other information from a piece of identification such as a driver's license.

"Having a centralized database of beneficial ownership information will eliminate critical vulnerabilities in our financial system and allow us to tackle the scourge of illicit finance enabled by opaque corporate structures," then-Treasury Secretary Janet Yellen said in a statement about it in 2024.

Estimates suggested that the reporting requirement would have applied to approximately 32 million businesses, including corporations and limited liability companies.

Failure to comply would have come with sizable penalties.

Businesses and their owners faced civil penalties of up to $591 for each day they did not file. They could have also endured $10,000 in criminal fines and faced up to two years in prison if regulators found that businesses submitted false information or willfully did not file, correct, or update beneficial ownership information reports.

In May, the U.S. Government Accountability Office (GAO) released a report that recommended that the Treasury identify potential actions to address the risks posed by the domestic reporting company and U.S. person exemptions.

"Illicit actors frequently use corporate structures such as shell companies to launder criminal proceeds. These structures can be exploited because they allow the identities of people who benefit from or control them to be hidden from law enforcement," it said.

It also said that Congress and law enforcement should be provided with "highly useful information that addresses these risks."

Sen. Elizabeth Warren (D-Mass.), the top Democrat on the Senate Banking, Housing, and Urban Affairs Committee, said rolling back the reporting requirements increased the risk of organized criminal activity.

"This is a gift to cartels, criminals, and U.S. adversaries that exploit shell companies to move millions through our financial system," she said in an Aug. 11 post on X.

"Secretary Bessent should testify in front of Congress to explain his decision to put our national security at risk."

Andrew Moran and Reuters contributed to this report.

Tyler Durden Thu, 08/13/2026 - 12:40

When it comes to maintaining brain health, daily brain games like Sudoku and crosswords aren't enough to protect the mind as you age.

"I'm not gonna get into exactly what I saw. It's dark. It's real dark."

Refsnyder had the chance to sign with a division leader.

Multiple warnings have been issued for popular beaches across Los Angeles on Wednesday due to a silent killer.

LIS Technologies' New $6.2M Oak Ridge Building Is The Missing Link In Nano's Fuel-To-Reactor Stack

LIS Technologies just bought the building that makes the Nano Nuclear vertical-integration story look more like a fuel cycle, instead of a slide deck.

The check for $6.2 million purchased K-1580, a 37,803-square-foot, three-story, newly renovated facility at 150 Americus Way on the historic K-25 Enrichment Site of East Tennessee's Technology Park Heritage Center in Oak Ridge, best known as the birth place of the Manhattan Project. It sits next to LIST’s leased K-1330 test-demonstration hall and complements the 206-acre “LIST Island” parcel where the company plans a $1.4 billion commercial laser-enrichment plant.

Jay Yu, Executive Chairman and CEO of LIST as well as Founder and Chairman of the publicly traded Nano Nuclear Energy, called Oak Ridge "the Silicon Valley of Nuclear." For once the geography matches the org chart.

The stack Nano and LIST have been drawing looks like this:

Feedstock → laser enrichment → deconversion → fabrication → reactors → transport → space.

K-1580 is where the middle of that chain is supposed to live.

Christo Liebenberg, LIST president and co-founder, said the building will host a pilot plant for the company’s SMILE program (Stable and Medical Isotope Laser Enrichment), office space for more than 100 additional employees, industrialization of critical laser-enrichment components, and a UF6 deconversion pilot.

COO Lloyd Jollay was more specific about why deconversion is the point:

“The facility also offers dedicated laboratory space for investigating UF6 deconversion processes. Integrating deconversion capabilities with uranium enrichment will create a more comprehensive fuel cycle solution and address key needs expressed by a number of advanced reactor developers.”

Those reactor developers are not hypothetical, they sit in the same building.

Nano’s lineup is KRONOS (stationary high-temperature gas-cooled MMR, now in NRC construction-permit territory via the University of Illinois deployment), ZEUS (solid-core battery reactor), and LOKI (portable, being prepped for space). Nano bought Kronos and Loki out of Ultra Safe Nuclear’s bankruptcy at the end of 2024, then hired Ameresco to engineer them toward commercialization. The fuel those machines need is LEU for the existing US fleet and HALEU for the SMRs. That is exactly what LIST’s CRISLA-3G laser process is being built to make.

The two companies already have the contract language. Nano invested in LIST in 2024 with an enriched-uranium supply agreement. Under the collaboration, Nano is supposed to develop the upstream capabilities to feed LIST UF6, then take LIST’s enriched UF6 into an integrated fuel-manufacturing process so the same molecules can land in Nano’s cores, or be sold into the wider industry. Nano is also a key subcontractor on LIST’s DOE award: LIST was one of six names on the up-to-$3.4 billion LEU Enrichment Acquisition IDIQ, with Nano bringing the licensing and advanced-reactor paperwork. They are related parties through overlapping ownership and officers. Yu is the overlap that matters.

Put K-1580 into that map and the campus reads left-to-right:

1. K-1330 (leased demo) - LIST’s test loop. Tennessee already issued a radioactive-material license so they can bring in UF6 and run the laser. NRC engagement for classified-handling procedures is underway on the demo.
2. K-1580 (just bought) - SMILE medical/stable isotopes, UF6 deconversion pilot, Phase II enrichment in a prototypical environment, component manufacturing, 100 desks. The deconversion step is what turns enriched hexafluoride into something a fabricator, or a KRONOS, can actually use.
3. LIST Island (206 acres, former Duct Island) - the commercial LEU-3 / Project F.U.E.L. hall. Groundbreaking still targeted for 2026, subject to licensing, permitting, and a final investment decision. Commercial operations still “before 2030.”
4. Nano’s other pillars - fuel fabrication (still the stated intent, no site announced), Secured Transportation Services for moving the material, and NANO Nuclear Space, which wants ZEUS and LOKI in cis-lunar power and eventually propulsion.

Medical isotopes are not a distraction in this narrative. Hospitals need precursor stable and enriched isotopes; quantum and advanced electronics want the same separation physics. SMILE lets the laser earn its keep on non-weapons-grade product while the uranium line walks up the TRL ladder. LIST says CRISLA-3G is at TRL-4, about 75% of the way to TRL-5, and moving toward TRL-6. Phase 2 of the pilot is still the gate before anyone should pretend they have commercial enrichment economics. That is their language, not ours.

What this week’s check actually does is nail a street address onto the middle of the stack. Enrichment at K-1330, deconversion and isotopes at K-1580, commercial plant on LIST Island, reactors at Nano, logistics at STS, space at NNS. One chairman, one Oak Ridge campus, and a fuel molecule that is supposed to never leave the family.

Whether the NRC, DOE, and the fabricator that does not yet have a building cooperate is the next chapter, but at least the org chart is no longer the bottleneck. The physical campus is starting to look like the chart.

Tyler Durden Thu, 08/13/2026 - 12:20

Dallas-Fort Worth International Airport will install Islamic foot wash stations inside bathrooms at the facility, according to the Texas Department of Licensing and Regulation.

An unabashed, unapologetic Peter Pan super fan is “harassing" the Disneyland actors portraying the beloved leader of Neverland, social media fears. 

Golden Globe winner Hugh Laurie rejected the idea of biological men competing in women’s sports this week and voiced his support for WNBA guard Sophie Cunningham.

Paramount Mulling California Exodus Amid Antitrust Scrutiny

Authored by Andrew Moran via The Epoch Times,

Paramount Skydance could be the next major company to leave California as the media giant faces intensifying antitrust scrutiny over its purchase of Warner Bros. Discovery.

Makan Delrahim, Paramount’s top legal officer, said the Los Angeles-based company is “committed” to staying in California.

But he also noted that the company has “a fiduciary duty to shareholders.”

“You have to take a look at the business environment and look to see what’s best for not only the community and the business,” he said at Politico’s The California Agenda: Sacramento Summit on Aug. 12.

“And ultimately, you know, go to the place where you’re wanted.”

In recent years, scores of American companies - including SpaceX, X, Chevron, and Oracle - have shifted their headquarters or operations out of California and into other states. KB Home, Public Storage, Yamaha Motor, and D-Wave Quantum have been the latest businesses to relocate.

Paramount secured its $111 billion purchase of Warner Bros. Discovery earlier this year, beating Netflix for the acquisition of the legacy entertainment empire. Warner Bros. shareholders approved the offer in April.

But Paramount chose last month to pause its acquisition in the face of litigation from California and 11 other state attorneys general to block the merger. According to a court filing, both sides agreed to suspend the merger until June 2027 or until a judge rules on the case.

The states say they believe Paramount would obtain too much power over the news, entertainment, and sports media industry by acquiring Warner Bros.

“From the workers and artists who bring stories to life to the families who buy tickets at the box office, Paramount’s illegal takeover of Warner Bros. is a bad deal for all those who count on a competitive entertainment industry,” New York Attorney General Letitia James said in a July 24 statement.

“Halting this merger while our case proceeds is a critical victory in our efforts to uphold the law and protect the film and television industries. I look forward to continuing our case to stop this illegal merger.”

Paramount/Skydance Chairman and CEO David Ellison has pushed back against these claims, writing in an op-ed for The New York Times earlier this month that he does not aspire to lead these companies “to bend their newsrooms” to his views.

“I believe this fight is not really about market share,” Ellison wrote.

“I believe a plainer worry sits beneath the briefs and the news releases: the news. The issue is whether I can be trusted as a steward of Warner’s CNN. There has been speculation about my politics, my loyalties, my intentions.”

Delrahim says the legal efforts are harming employment opportunities.

“This merger is actually going to be good—not only for California—it’ll be good for America,” he said.

“I would love to see every policymaker who cares about jobs, who cares about high-paying jobs, who cares about union jobs—in California—speak on this merger.”

While the deal is enduring regulatory hurdles domestically, Paramount has received approval from the UK, the European Union, and other foreign markets.

New York Attorney General Letitia James leaves the Walter E. Hoffman United States Courthouse following an arraignment hearing in Norfolk, Va., on Oct. 24, 2025. Win McNamee/Getty Images

Despite U.S. legal challenges, Warner Bros. is confident that Paramount’s buyout will close.

“We have every expectation the transaction will close, and the company will be performing even better than the plan that we presented to [Paramount] when we did our deal,” Warner Bros. Discovery CEO David Zaslav said during an Aug. 6 earnings call with analysts.

Market Skepticism

Shares of Paramount rose by about 0.6 percent midweek, but they are still down more than 28 percent year-to-date, trading at less than $10.

Wall Street analysts have turned bearish on the stock, with a consensus “reduce” rating, according to MarketBeat. Weiss Ratings was the latest firm to have a “sell” rating. Several firms lowered their targets to “sell,” “hold,” or “underperform.”

Market analyst Gary Gambino said that although he is confident the deal will close, the true challenge will be whether Paramount can deliver on its proposed $6 billion in synergies.

“At least some of this must be achieved to be successful, as both companies are struggling today on a stand-alone basis with their declining TV network businesses mostly offsetting growing streaming revenues,” Gambino said in a research note.

“If no synergies are delivered the current PSKY price is probably fair, but with all $6 billion of synergies, the shares would be worth close to $23.”

Tyler Durden Thu, 08/13/2026 - 12:00

The Grammy-winning pop star went full "Lavender Haze" in a floral mini for her outing at Annabell's, a private members-only club.

The Grammy-winning pop star went full "Lavender Haze" in a floral mini for her outing at Annabell's, a private members-only club.

Gina Kirschenheiter is starting off RHOC Season 20 strong!

Meet her at midnight.