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Investopedia
Matthew McConaughey — And 6 More Celebs Helping Liquor Brands Become Big Business
~0.6 mins read

Matthew McConaughey's organic tequila brand is going national.

The news, announced Wednesday — that Pantalones Organic Tequila is expanding to liquor stores and bars nationwide — marks the latest development in the booze-and-celebrities business. The Oscar-winning actor, who co-founded the brand with his wife Camila, joins the ranks of stars lending their status to an alcohol brand.

Other luminaries have followed a similar blueprint: Use the fame to attract consumers, then look to cash in (or out) down the line.

Here are some of the other celebrities offering up stiff drinks: 

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Investopedia
Health Insurer Stocks Tumble On Medicaid Enrollment Concerns
~1.1 mins read

Shares of health insurers lost ground Wednesday as executives at Centene (CNC) warned about a pullback in the number of people receiving Medicaid benefits.

Centene Chief Executive Officer (CEO) Sarah London told the Wells Fargo 2024 Healthcare Conference in Everett, Mass., that the company is "still seeing pressure in Medicaid, largely driven by the unprecedented redeterminations process," referring to how recipient eligibility is determined.

Chief Financial Officer (CFO) Drew Asher said Centene expects its Medicaid membership to be about 12.9 million to 13.0 million in 2024. That's down from the company's previous estimate of a low of 13.2 million, which it anticipated would climb to 13.6 million by the end of the year. Asher added that Centene's current-quarter Medicaid medical costs, as a percentage of premiums, would be higher than in the second quarter. 

According to the non-profit health research organization KFF, Medicaid enrollments have fallen by 25.1 million since March 2023, when states could begin "unwinding" their Medicaid rolls of those no longer qualified. Asher noted that while about 30% of those terminated eventually return to Centene, the gap in time negatively impacts the company's revenue. 

Shares of Centene and rivals Molina Healthcare (MOH) and Elevance (ELV) were among the biggest decliners in the S&P 500 today.

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Investopedia
Amazon-Backed Anthropic Launches Claude Enterprise For Businesses
~1.3 mins read

Amazon (AMZN)-backed Anthropic released its latest artificial intelligence (AI) product Wednesday, Claude Enterprise, a version of its AI chatbot designed for businesses.

Anthropic said that early customers like GitLab and another AI venture, Midjourney, have used the service for a variety of tasks, from brainstorming to writing code, creating a variety of content for employees.

Employees will be able to upload documents to Claude to help the product better understand an organization's data and provide "deep, function-specific guidance," the company said. The price of Claude Enterprise will vary by company, depending on how much it's used and the number of employees with access, according to .

Anthropic said the service will collaborate with other previously released Claude features like Artifacts, which puts content like code or images created by the AI into a separate window and allows for minor edits and detailed feedback, making it an "end-to-end solution" for developing an idea into an end product.

Anthropic has received the backing of tech giants like Amazon and Alphabet's (GOOGL) Google as it has developed its Claude chatbot to compete with other popular AI products like OpenAI's ChatGPT, which is backed by Microsoft (MSFT).

The vast amount of money companies have spent on AI development has come under increasing scrutiny in recent quarters, with some analysts and investors looking for more detailed plans for how the projects will develop enough revenue to be profitable in the long run given the high operating costs.

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Investopedia
Nordstrom Family Makes $3.8 Billion Offer To Take Retailer Private
~1.1 mins read

Nordstrom (JWN) Chief Executive Officer (CEO) Erik Nordstrom and other members of the company’s founding family have made a bid to take the fashion retailer private for $23 per share, according to n Securities and Exchange Commission (SEC) filing.

On Tuesday, Erik Nordstrom and Peter Nordstrom, the company's president, together with El Puerto de Liverpool, submitted a non-binding letter containing the offer. The Nordstrom family owns a 33.4% stake in the company, while Liverpool, a department store operator based in Mexico, owns nearly 10%. 

The offer, which values the company at about $3.76 billion, is a less than 1% premium on Tuesday’s closing price. It comes months after a report said people familiar with the matter indicated that the family was exploring a potential deal.

The Nordstrom family has made prior attempts to take the company private. In 2017, a group of family members made a similar effort that was ultimately suspended, and in March 2018, Nordstrom's board rejected a higher, roughly $8.4 billion, bid from the founding family. 

Erik and Peter Nordstrom are the great-grandsons of John Nordstrom, who founded the company in 1901.

Shares of Nordstrom were up 0.4% at $22.92 in early afternoon trading Wednesday. So far this year, they've added nearly a quarter of their value.

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Gistlegit
54 Years Of Inspiring Souls And Transforming Lives: A Tribute To Pastor Korede Komaiya.
~2.0 mins read


As the first light of September 4th dawns, a deep sense of reverence fills the air, marking the celebration of a man whose life is a radiant beacon of hope, love, and unwavering faith.
 
Today, we gather to honor the 54th birthday of Pastor Korede Komaiya, a spiritual giant and a guiding star to countless souls across the globe. Known with deep affection as Pastor KK, he has walked a path illuminated by his profound dedication to God, his community, and the transformative power of grace. His life is a living testimony to the limitless love of God, touching lives far and wide, crossing borders, and breaking barriers to reach hearts yearning for truth.
 
Pastor KK is not just a leader; he is the light that guides, the voice that comforts, and the wisdom that uplifts. His teachings have woven together a community bound by faith, love, and a collective journey toward spiritual growth. Under his nurturing care, we have blossomed into a family, united by the shared pursuit of personal and spiritual excellence.
 
*Watch Video*
 
 
To know Pastor KK is to witness the essence of being called and sent by God. His purpose transcends the physical walls of any church; it is a divine mission to transform lives, heal hearts, and inspire souls. Through every sermon, every act of kindness, and every word of encouragement, he has propelled us to discover our true potential and embrace our divine identity in Christ.
 
Pastor KK is more than a preacher; he is a mentor, a visionary, and a steadfast anchor in life's storms. His influence reaches beyond the pulpit, touching every aspect of our lives. He is the voice of reason in times of confusion, the source of comfort in moments of pain, and the prophetic voice that guides us toward our destinies.

 
As we celebrate Pastor KK’s 54th birthday, we reflect on a legacy that is both profound and enduring. The lives he has transformed, the minds he has enlightened, and the hearts he has touched stand as a testament to his immeasurable impact on all who have had the privilege to know him.
 
On this special day, as we come together to honor the spiritual titan that is Pastor Korede Komaiya, we find ourselves at a loss for words to fully express our gratitude and love. We are truly blessed to call him our shepherd, mentor, and friend. His relentless pursuit of excellence, his boundless compassion, and his unwavering commitment to God’s will have left a mark on our lives that time will never erase.



 
Happy 54th birthday, Pastor KK! May your journey continue to shine brightly, inspiring, uplifting, and transforming lives for many years to come.
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Instablog9ja
Woman And Her Two Children Arrested For Giving Her 75-year-old Husband A Not-so-gentle ‘group Hug’ In Anambra
~1.1 mins read

A woman who joined forces with her two children to ‘hug’ up her 75-year-old husband has been arrested by police operatives in Anambra State.

The suspect, Esther Obidigwe, was arrested alongside her two children, identified as Ozioma and Obuka, in Awba-Ofemili, Awka North local government area of the state.

The arrest followed a report from the victim, Mr Romanus Obidigwe, which he tabled at the Ministry of Women and Social Welfare.

Obidigwe, a retired senior civil servant, while narrating his ordeal at the Ministry, said: “My family has been mistreating me. In this particular incident, my daughter, Ozioma, sold my firewood without my consent and when I confronted her, she, her mother and brother p%unced on me, restrained me and caused inj¥ri£§.

It took the intervention of a neighbour before they stopped, after which they locked me out of my compound.

They have since stopped feeding me which I accepted in good faith, yet, they usually st€al from me, especially my first son. He even went to the extent of claiming my benefits at the Local Government Area I retired from.

Just for peace to reign, I submitted to my wife’s compulsory “no s+xual relationship” since the year 2000 till date.”

Responding to the allegations, the first son of the victim, Obuka, denied being present when the incident happened while his wife, Mrs Esther Obidigwe confessed to the crime.

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