Industrial name with AI ties makes a key move to boost its growing data center business
Dover , an American industrial company founded more than 70 years ago, is strengthening its foothold in a fast-growing market shaping the future of computing.
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English cricket goes into bat with bulk of £520m Hundred windfall
English cricket's governing body will on Wednesday hail a landmark moment for the sport when it announces that three-quarters of the deals to bring in new investors to The Hundred have been completed. Sky News understands that the England and Wales Cricket Board (ECB) plans to issue a statement confirming that it has received proceeds from the sale of stakes in Birmingham Phoenix, London Spirit, Manchester Originals, Northern Superchargers, Southern Brave and Welsh Fire. The two other franchise deals - involving the Oval Invincibles and Nottinghamshire's Trent Rockets - will be completed on October 1, the ECB is expected to say. One insider said a statement was likely to be issued on Wednesday, although they cautioned that the timing could slip. When all eight deals are concluded, they will generate a collective windfall of £520m for the sport's strained coffers. Last week, Sky News revealed that unresolved talks between India's richest family and Surrey County Cricket Club - which hosts the Oval Invincibles Hundred team - were threatening to delay the delivery of a vast windfall for the sport. One of the outstanding issues relates to the name under which the Oval Invincibles will play in future years, with the Ambani family keen to use a derivative of the Mumbai Indians brand that it also owns. This week's announcement will come after months of talks after the ECB and the eight Hundred-playing counties agreed exclusivity periods with their preferred investors. The backers include some of the world's most prominent financiers, billionaires and technology executives. Following protracted talks, the ECB has agreed to revised terms with the investors, with host venues now retaining control of their teams' intellectual property rights. The investors will also hold an effective veto over future expansion of the Hundred, while the ECB will be barred from launching any other short-form professional version of the sport while the Hundred remains operational. Meanwhile, the governing body will retain full ownership of the competition itself as well as controlling the regulation of it and the window within which it can be played each year. The ECB has been waiting for investors in the eight franchises to sign participation agreements since an auction in February which valued the participating teams at just over £975m. Some of the deals involve the investors owning 49% of their respective franchise, while India's Sun TV Network has taken full ownership of Yorkshire's Northern Superchargers. The proceeds of its stake sales will be distributed to all of English cricket's professional counties as well as £50m being delivered to the grassroots game. The windfalls are being seen as a lifeline for many cash-strapped counties which have been struggling under significant debt piles for many years. The most valuable Hundred sale saw a group of technology tycoons, including executives from Google and Microsoft, paying about £145m for a 49% stake in Lords-based London Spirit. This year's kicks off next week with fixtures including a clash between the two London-based franchises. The ECB declined to comment.
Yahoo
2 minutes ago
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Trump gets tariffs; Americans get price hikes
By David Gaffen and Marleen Kaesebier (Reuters) -U.S. President Donald Trump is getting his tariffs. Companies are making it clear how they intend to deal with it - passing them on to American consumers. Throughout the spring, big retailers and consumer product makers warned that levies on imported goods would squeeze their operations, forcing them to choose between lower earnings and passing on higher costs to customers. In the case of Procter & Gamble and others, it is both of those things. On Tuesday, the packaging giant, which makes household basics spanning from Bounty paper towel to Tide detergent, issued a sour outlook for 2025 and sent a message to big retailers like Walmart that it would have to raise prices on some U.S. goods from next week. This challenge facing companies in coming quarters will likely feed through to everyday consumers. P&G said it would raise prices on about a quarter of its products in the U.S. to help offset the cost of new tariffs. Price hikes are in the mid-single digits across categories, a spokesperson for the company said. While U.S. stock indexes have soared to record highs this year, built on massive investment in technology shares, many consumer bellwethers have struggled. Since Trump's April 2 "Liberation Day" tariff announcements, P&G shares have declined 19%; Nestle is down 20%; Kimberly-Clark has lost 11%, and PepsiCo is off nearly 7%, while the benchmark S&P 500 stock index has gained more than 13%. Consumer goods, food and drink companies have struggled with lackluster sales since the pandemic, as shoppers have balked at increasingly expensive name-brand packaged food. Nestle said last week that consumers in North America remained wary of paying more at the cash register. More price hikes will deepen investor worries about how big brands are navigating the combined challenge of thrifty consumers and hefty costs created by Trump's trade war. "You're going to see companies like Walmart, Amazon, and Best Buy forced to pass price increases to consumers," said Bill George, former chairman and CEO of Medtronic and executive education fellow at Harvard Business School. "Main Street has yet to see the fallout from increased tariffs - and they're going to go higher." Between July 16 and 25, companies in the Reuters global tariff tracker said they expected to lose a combined $7.1 billion to $8.3 billion for the full year. GM, Ford and other carmakers have absorbed the cost of tariffs - totaling billions of dollars - so far. Many companies shipped more goods and raw materials into the U.S. before tariffs hit. Economists and analysts reckon that hoarding has helped some delay hiking prices until later in the year and explains why tariffs have not yet shown up in U.S. inflation data. Andrew Wilson, International Chamber of Commerce deputy secretary general, estimates inflation will be felt once companies have run down inventory, but that might not be until the fourth quarter or first quarter of next year. Others like Ray Ban-maker EssilorLuxottica have already hiked prices. Swiss watch and jewelry maker Swatch increased prices by about 5% after Trump announced tariffs in April with "zero impact" on sales, CEO Nick Hayek told Reuters recently. High-end brands like Tissot watches are less price sensitive to increases. Customers wanting to splash out on an expensive watch might also buy abroad when travelling where taxes are lower, he said. "You cannot do this with cars. You cannot do this with machines. But you can do this with watches. So it's not so problematic for us," he said. Sign in to access your portfolio
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2 minutes ago
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/C O R R E C T I O N -- White Sand Hair Salon Clearwater/
In the news release, FORCED TO FIGHT, NOT FADE: Clearwater Salon Roars Back After Hurricane, Reopening JULY 31 with Downtown Expansion, issued July 29, 2025 by White Sand Hair Salon Clearwater over PR Newswire, we are advised by a representative of the company that there have been updates made throughout the release. The complete, corrected release follows: FORCED TO FIGHT, NOT FADE: Clearwater Hairstylists Roar Back After Hurricane, Opening JULY 31 in Downtown Location After 30 years on Clearwater Beach, White Sand Salon hairstylists are celebrating its grand opening in downtown Clearwater on July 31, following Hurricane Milton. Owner Lori Fudens preserved every full-time hairstylist's job and has since relocated, marking a bold comeback. The event will include a ribbon-cutting ceremony with Clearwater Mayor Bruce Rector and City Council members in attendance. 517 S Ft Harrison Avenue Clearwater, Florida 33756 is the new address. CLEARWATER, Fla., July 29, 2025 /PRNewswire/ -- After facing closures and destruction in their neighborhood from Hurricanes Helene and Milton, combined with the challenges of relocating, a team of hair stylists led by Lori Fudens are thrilled to announce the official grand opening of a new hair salon location in downtown Clearwater. The salon will host a ribbon-cutting ceremony on Thursday, July 31, at 4:30 PM, featuring special guests, Clearwater Mayor Bruce Rector and members of the City Council. Formerly of Sharmaine's Salon & Day Spa, Fudens made the difficult but strategic decision to relocate inland after years of hurricane disruptions, lease concerns, and rising costs in the beach area. Remarkably, the team retained all full-time hair employees during the transition and opened within just three days of the beach location closure under the new name: White Sand Salon Clearwater. "We refused to let our team go or shut the doors permanently," said owner Fudens, who co-owns the salon with her sister, Angie. "Instead, we rebranded, moved to high ground, and created something even better — a fresh, modern space with new services and more room to grow." A 30-Year Legacy, Tested by StormForced to pivot by Hurricane Milton after 30 years on Clearwater Beach, Lori Fudens boldly relocated inland—retaining her full-time team and opening as White Sand Hair Salon Clearwater. Pivot, Expand, ThriveRather than vanish, White Sand Salon relocated inland. In the new location, Fudens has kept every full-time stylist on payroll, refusing layoffs during the toughest recovery months. Symbol of American Grit"We lost our beachfront façade, not our heart," said Fudens. "We stayed committed—to our people and our clients. That's the American spirit in action." The new location is a statement of resilience: modern amenities, state-of-the-art styling spaces, and a vibrant staff ready to welcome loyal customers and newcomers alike. Community CommitmentThe new location features modern styling stations, complimentary parking, and an upgraded service menu that includes advanced hair color, extensions, and the increasingly popular Japanese Head Spa treatment. The salon's revival reflects not only the determination not to close permanently, but also its deep roots in the Clearwater community and commitment to client care, premium products, and the latest in education and updates. GRAND REOPENING Date: Thursday, July 31, 2025Time: 4:30 PM Location: 517 S. Fort Harrison Ave., Downtown Clearwater, FL 33755 The City of Clearwater will honor the occasion with an official ribbon cutting. Mayor Bruce Rector and Clearwater City Council members will attend to salute White Sand's commitment to local jobs and post-hurricane economic recovery. A COMEBACK WORTH CELEBRATING Fudens did more than rebuild a business; she reaffirmed community. By keeping most of her team intact and expanding through adversity, she's not just styling hair, she's restoring hope. White Sand Salon invites the media and the public to celebrate resilience: enjoy live music, light bites, salon giveaways, and the opportunity to meet Lori Fudens and her dedicated team. About White Sand SalonWhite Sand Hair Salon is a trailblazing, woman & family-owned salon redefining the beauty experience through advanced styling, expert color services, and personalized client care. Powered by a passionate, high-performance team and a fiercely loyal following, White Sand blends innovation with hospitality to set a new standard for Florida salons. Now thriving in its downtown Clearwater location, the salon continues to lead with creativity, resilience, and cutting-edge service. Learn more at About Lori FudensLori Fudens is a master stylist, Redken educator, and owner of White Sand Salon in Clearwater, FL. With more than 25 years of experience, she's known for her advanced skills in hair design, smoothing treatments, and extensions. A longtime industry mentor, Lori trains stylists nationwide while leading her salon with grit and vision. After Hurricane Milton, she reopened as White Sand, proving her commitment to her team, her craft, and her community. Media Inquiries: Karla Jo Helms JOTO PR™ 727-777-4619 View original content to download multimedia: SOURCE White Sand Hair Salon Clearwater Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
