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Steven Crowder Obtains Leaked Utah County Sheriff’s Office Internal Docs About Suspected Charlie Kirk Assassin Tyler Robinson | The Gateway Pundit

TheGatewayPundit
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Steven Crowder Obtains Leaked Utah County Sheriff’s Office Internal Docs About Suspected Charlie Kirk Assassin Tyler Robinson | The Gateway Pundit


Conservative podcaster Steven Crowder has obtained leaked internal documents from the Utah County Sheriff’s Office regarding suspected Charlie Kirk assassin Tyler Robinson.

The latest leak comes one day after Crowder announced that his company has been subpoenaed by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) over another leak about the case.

The document, a probable cause statement, details the arrest of 22-year-old Robinson, as well as the evidence against him, including engraved anti-fascist messages on bullet casings, a family member’s confession tip, and Discord messages about hiding the weapon.

According to the Probable Cause Statement signed by Detective Brian Davis, surveillance footage captured Robinson arriving on campus around 8:29 AM in a gray Dodge Challenger, dressed in a maroon t-shirt, light-colored shorts, a black hat with a white logo, and light shoes. He later changed into a long-sleeve black shirt featuring an American flag and eagle design, dark jeans, and white/gray Converse Chuck Taylor shoes with black soles, clothing that matched the sniper’s description.

Investigators tracked Robinson climbing onto the rooftop of the Losee Center building around 12:17 PM, positioning himself with a view of the courtyard where Kirk was speaking at his “Prove Me Wrong” event. At approximately 12:22 PM, a single gunshot rang out, striking the 31-year-old Kirk in the neck and causing fatal blood loss as he collapsed onstage. Robinson allegedly fled the rooftop, discarding a Mauser .30-06 bolt-action rifle wrapped in a dark towel in a grassy area east of the building. Shoe impressions from Converse sneakers were found on the rooftop edge, and a palm print was recovered, further linking him to the scene.

The documents reveal that Robinson had become “more political in recent years,” with a family member recounting a dinner conversation where he expressed hatred for Kirk, accusing the conservative activist of “spreading hate.” On the evening of September 12, that same family member contacted authorities through a friend, claiming Robinson had confessed or implicated himself in the shooting. Investigators also interviewed Robinson’s roommate, who showed them Discord messages from a contact named “Tyler” discussing retrieving a rifle from a bush, engraving bullets, wrapping the weapon in a towel, and changing outfits to evade detection.

“Investigators interviewed the roommate, who stated that his roommate (referring to Robinson) made a joke on Discord. Investigators asked if he would show them the messages on Discord, he opened it and showed several messages to investigators and allowed investigators to take photos of the screen as each message was shown by Robinson’s roommate,” the document states.

It continues, “These photos consisted of various messages, including content of messages between the phone contact name ‘Tyler’ with an emoji icon, and Robinson’s roommate’s device. The content of these messages included messages addiliated with the contact ‘Tyler’ stating a need to retrieve a rifle from a drop point, leaving the rifle in a bush, messages related to visually watching the area where a rifle was left, and a message referring to having left the rifle wrapped in a towel.”

“The messages also refer to engraving bullets, and a mention of a scope and the rifle being unique. Messages from the contact Tyler also mention that he had changed outfits.”

“Based on the evidence detailed in this statement, I believe there is probable cause that Tyler Robinson committed the crimes of aggravated murder by shooting Charlie Kirk in a circumstance that put many around him at grave risk of death, felony discharge of a firearm, and obstruction of justice for moving and hiding the rifle believed to be used in the shooting,” Davis concluded.

On Thursday, Crowder announced that the ATF had subpoenaed his company after he received a leaked document from within the agency claiming that a weapon found near the site of Charlie Kirk’s assassination was equipped with cartridges etched with symbols and phrases tied to transgender and Antifa ideology.

BREAKING: Alleged Leaked ATF Doc Claims Weapon Near Charlie Kirk’s Assassination Site Had Cartridges Engraved with Transgender and Antifa Phrases and Symbols

In a post on X, Crowder wrote, “Just received word that my company is being subpoenaed by the ATF. No details yet.”

The original post stated, “This morning my team received an e-mail from officer at ATF. The email included a screen shot from what appears to be an internal message describing a weapon and cartridges located by an ATF and other law enforcement near the scene of the Charlie Kirk shooting at Utah Valley State University.”

The document describes the cartridges as bearing etched symbols, including the transgender flag colors and phrases such as “Trans Rights Are Human Rights,” hinting at a premeditated act driven by radical beliefs.

The document reads:

“On September 10, 2025, at approximately 12:24PM, Conservative political influencer Charlie Kirk was shot and killed at the Utah Valley University in Orem, UT. Mr. Kirk was speaking at the University as part of the American Comeback Tour. Multiple SLC I and III agents responded immediately. The suspect fired one shot from an elevated position on a rooftop in an adjacent building on the campus and surveillance video shows the suspect, jumping off and fleeing the area on foot. ATF and other law-enforcement located an older model imported Mauser .30-06 caliber bolt action rifle wrapped in a towel in a wooded area near the campus. The location of the firearm appears to match the suspects route of travel. The spent cartridge was still chambered in addition to three unspent rounds at the top fed magazine. All cartridges have engraved wording on them, expressing transgender and anti-fascist ideology. An emergency trace has been submitted an ATF SLC is working leads generated by the trace. The firearm and ammunition have been taken by the FBI for DNA analysis and fingerprint impressions. Upon completion of forensics, the firearm will be disassembled for additional importer information. Multiple people of interest having contacted or detained because of eyewitness testimony and review of video footage. The primary suspect is yet to be identified. ATF is assisting the investigation with multiple other federal, state, and local partners and the case is co-led by the FBI and Utah SBI.””

Crowder was the first person to obtain the leaked manifesto written by Nashville Covenant School shooter Aiden Hale.

BREAKING: Alleged Leaked ATF Doc Claims Weapon Near Charlie Kirk’s Assassination Site Had Cartridges Engraved with Transgender and Antifa Phrases and Symbols

On Wednesday, Kirk, 31, was fatally shot in the neck from approximately 200 yards away in broad daylight while speaking at Utah Valley University in Orem, an attack Governor Spencer Cox has labeled a “political assassination.”

Utah is a death penalty state. If convicted, he will be eligible to face a firing squad.




This story originally appeared on TheGateWayPundit

The Kabul hospital that still treats Afghan women

France24
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The Kabul hospital that still treats Afghan women

As Taliban restrictions leave Afghan women without medical care after a deadly earthquake, we have a report from one rare hospital in Kabul where women are still able to access treatment. Also, at least nine French families are suing the government over ignored pleas for help by victims of domestic violence. Annette Young talks to psychologist, Dr Andreea Gruev-Vintila, a specialist in coercive control, on the need for authorities to change their approach. Plus a new expedition is seeking to find out what happened to American aviator, Amelia Earhart, who vanished in 1937 while attempting to fly around the world.


This story originally appeared on France24

‘I’m a dentist – I can immediately spot 7 things about your health’

Express.co.uk
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‘I’m a dentist – I can immediately spot 7 things about your health’


A visit to the dentist could reveal more about your health than just the state of your teeth. Every time you’re in the chair, they often pick up clues about your overall health from stress to stomach issues.

Dr Kabir Bhogal, Founder and Principal Dentist at Revive Clinic, says beyond cavities and cleanings, small changes in your mouth can reveal underlying conditions ranging from digestive issues to nutrient deficiencies. In fact, many health issues first show up as changes in your oral environment, often before you notice any symptoms yourself.

 Dr Bhogal has shared 7 surprising things your dentist can tell about your wellbeing before knowing your medical history. This is what he says:

Jaw tension and tooth wear

Teeth-grinding or jaw-clenching can point to ‘bruxism,’ a habit commonly linked to stress or anxiety. When we’re stressed, we may unconsciously clench our jaws or grind our teeth as a physical response to tension. Over time, this can lead to visible symptoms such as flat or worn-down tooth surfaces, jaw pain, and even small fractures, typically on the biting edges of the molars or the front teeth.

If left untreated, bruxism can contribute to TMJ disorders (or issues affecting the temporomandibular joint), which connects the jaw to the skull. This could lead to chronic headaches, facial pain, and difficulty chewing. Aside from stress management techniques, dentists may also suggest custom night guards during sleep or in more severe cases, dental crowns to restore damage.

Gum inflammation

Dentists are trained to recognise symptoms of periodontal disease, a chronic condition that affects gum tissues and is a leading cause of tooth loss. Smoking significantly increases the risk of developing gum disease by reducing blood flow to the gums, weakening the immune response, and making it harder for tissues to heal.

Over time, this can lead to persistent inflammation, gum recession, and even bone loss. That’s why regular dental check-ups can often reveal the hidden impact of smoking on your oral health, usually before you realise it yourself.

Acid erosion

When the protective outer layer of the teeth (enamel) begins to wear away, it can be an early sign of chronic acid exposure. This can initially be spotted on the back of the teeth and often stems from undiagnosed gastroesophageal reflux disease (GERD), a condition where stomach acid repeatedly flows back into the oesophagus and even the mouth.

Dentists can usually detect this before a patient realises they have acid reflux, because the acid erosion weakens the enamel and makes teeth more vulnerable to cavities and cracks. This kind of damage can require restorative procedures like dental crowns to protect the affected teeth.

Dry mouth

While xerostomia (dry mouth) can result from factors like dehydration, stress, or medications, it’s also a common early symptom of diabetes. This is because diabetes can affect the salivary glands directly, impairing their ability to produce saliva. Additionally, high blood sugar levels cause the body to lose more fluids, leading to dry mouth faster.

Because saliva normally helps wash away food particles and neutralise oral acids, reduced saliva creates an ideal environment for bacteria to thrive and multiply more easily, increasing the risk of cavities and gum disease. There would usually be a noticeably dry, sticky texture in the mouth or sometimes a fungal infection like angular cheilitis (cracked lip corners) that may warrant a blood test.

Oral thrush

White patches or a creamy coating on the tongue and inner cheeks could be a sign of oral thrush, a fungal infection caused by an overgrowth of Candida, a type of yeast that naturally lives in the mouth. The immune system usually keeps oral bacteria growth under control, so when the body’s natural defenses are compromised, this allows the Candida to multiply.

This can be caused by conditions like HIV and autoimmune diseases, or even certain medication like antibiotics which disrupts the balance of normal bacteria in the body. Additionally ill-fitting dentures can worsen this issue by irritating oral tissues, creating a moist environment where yeast thrives. I would advise getting dental implants instead of dentures for long-term teeth replacement, as they are integrated into the bone and offer greater stability while preserving the neighbouring teeth.

Bad breath

Bad breath isn’t always a matter of brushing harder or more regularly. In reality, persistent bad breath, despite good oral hygiene or regular hygiene appointments, can stem from gastrointestinal problems.

A common cause can be Helicobacter pylori (H. pylori), a type of bacteria that infects the stomach lining with ulcers and produces sulfur compounds that contribute to a foul odour. Liver dysfunction can also manifest through the breath as it plays a vital role in metabolising nutrients and filtering toxins from the blood.

When it’s not functioning properly, waste products can accumulate and these toxins may then be released through the lungs, causing breath to smell unusually musty or metallic (‘fetor hepaticus’). Dentists can often tell the difference based on where the odour is coming from, how it smells, and whether it improves with oral care.

Pale tongue

A tongue that appears unusually pale or smooth can reflect a lack of essential vitamins and minerals, specifically iron, folate, or vitamin B12. These particular nutrients play a key role in maintaining healthy blood cells and supporting tissue repair and immune function, all of which directly affect your oral health.

Without enough of them, the soft tissues inside your mouth, especially the tongue, can become inflamed, thin, or prone to irritation because they aren’t getting the oxygen or nutrients they need. This could lead to discomfort, burning sensations, or even an increased risk of infection, all of which can worsen due to the delayed healing process caused by malnutrition. Dentists can help identify early signs of anaemia or related nutritional deficiencies, and may advise a further blood test with a general health practitioner.



This story originally appeared on Express.co.uk

Microsoft CEO Satya Nadella Explains RTO Mandate

Entrepreneur
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Microsoft CEO Satya Nadella Explains RTO Mandate


In August, it was reported that Microsoft was planning to mandate its employees back to the office “at least” three days a week beginning in 2026. (Employees currently can work remotely “half” of the workweek.) Now, according to an internal email sent to Microsoft staff on Tuesday, the company has finalized its plans and is issuing a return-to-office (RTO) mandate in three phases, starting in February 2026, according to Business Insider.

CEO Satya Nadella explained why at an all-employee town hall on Thursday, the outlet reports. Nadella noted that one “unintended consequence” of remote work was losing the social ties that are “necessary for innovation.”

Related: Amazon Tells Thousands of Employees to Relocate or Resign

“Weak ties, you know, become weaker, stronger ties become stronger, and new ties are tough to form, right? That’s it,” Nadella said at the event, according to internal comments reviewed by Business Insider. “If you think of it as a simple network problem, that was the conclusion.”

When announcing the new RTO policy on Tuesday, Microsoft HR chief Amy Coleman sent an email to employees that said the first phase of RTO will focus on workers who live in the Puget Sound, Washington area, and will begin around February 23.

Satya Nadella, chief executive officer of Microsoft Corp., departs following a meeting of the White House Task Force on AI Education in the East Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. Eric Lee/Bloomberg | Getty Images

“In the AI era, we are moving faster than ever, building world-class technology that changes how people live and work, and how organizations everywhere operate,” the email reads. “If you reflect on our history, the most meaningful breakthroughs happen when we build on each other’s ideas together, in real time.”

Related: Microsoft Just Became the Second Company in History to Achieve a $4 Trillion Valuation — Here’s How

As of June 30, Microsoft employed 228,000 workers, with 125,000 located in the U.S.

The RTO mandate will then expand to other offices in the U.S., and, eventually, internationally. Planning will begin in 2026, according to the email.

At the town hall, Coleman said that the decision for RTO was made after examining internal data that found employees “thrive” more when they spend at least three days a week in the office.

“We’ve looked at how our teams work best, and the data is clear: when people work together in person more often, they thrive—they are more energized, empowered, and they deliver stronger results,” Coleman said.

Related: Microsoft’s CEO Says the Company’s Mass Layoffs, Despite Financial Success, Are ‘Weighing Heavily on Me’ in an Internal Memo

In August, it was reported that Microsoft was planning to mandate its employees back to the office “at least” three days a week beginning in 2026. (Employees currently can work remotely “half” of the workweek.) Now, according to an internal email sent to Microsoft staff on Tuesday, the company has finalized its plans and is issuing a return-to-office (RTO) mandate in three phases, starting in February 2026, according to Business Insider.

CEO Satya Nadella explained why at an all-employee town hall on Thursday, the outlet reports. Nadella noted that one “unintended consequence” of remote work was losing the social ties that are “necessary for innovation.”

Related: Amazon Tells Thousands of Employees to Relocate or Resign

The rest of this article is locked.

Join Entrepreneur+ today for access.



This story originally appeared on Entrepreneur

Charlie Kirk MSNBC shooting coverage ripped by Comcast execs

NYPost
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Charlie Kirk MSNBC shooting coverage ripped by Comcast execs

Comcast’s top brass slammed MSNBC’s coverage of the killing of conservative activist Charlier Kirk — including “insensitive” and “inappropriate” remarks by analyst Matthew Dowd, who was fired on Thursday.

The memo, which was signed by Comcast CEO Brian Roberts, Comcast president Mike Cavanagh and Mark Lazarus, CEO of Versant — the spinoff company that includes MSNBC — was circulated to Comcast and NBCUniversal staff on Friday.

“You may have seen that MSNBC recently ended its association with a contributor who made an unacceptable and insensitive comment about this horrific event,” the memo said.

Matthew Dowd said on MSNBC that Kirk has pushed “hate speech” when asked about the shooting. MSNBC

“That coverage was at odds with fostering civil dialogue and being willing to listen to the points of view of those who have differing opinions. We should be able to disagree, robustly and passionately, but, ultimately, with respect. We need to do better.”

The execs added that staffers must “maintain a respectful exchange of ideas” even if they do not agree with the late Kirk’s political views.

They added that “something essential has fractured in our public discourse,” and that their company has a “responsibility to help mend it.”

Kirk was shot and killed Wednesday at an event at Utah Valley College, prompting a media frenzy and manhunt for the conservative activist’s killer.

During MSNBC’s live coverage of the shooting, anchor Katy Tur asked Dowd about “the environment in which a shooting like this happens.”

Dowd answered: “He’s been one of the most divisive, especially divisive younger figures in this, who is constantly sort of pushing this sort of hate speech or sort of aimed at certain groups. And I always go back to, hateful thoughts lead to hateful words, which then lead to hateful actions.

Comcast CEO Brian Roberts and his lieutenants told staff at the company, which includes MSNBC and NBC, that they need to “do better” in their coverage. Bloomberg via Getty Images

“You can’t stop with these sort of awful thoughts you have and then saying these awful words and not expect awful actions to take place. And that’s the unfortunate environment we are in.”

The analyst’s remarks sparked outrage online and prompted MSNBC president Rebecca Kutler to issue an apology on Thursday and fire Dowd, whose comments she called “inappropriate, insensitive and unacceptable.”

Follow The Post’s live coverage of the Charlie Kirk shooting for the latest news and updates

Comcast — and other major media companies — have been under fire for biased coverage by President Trump and his administration.

On “Fox & Friends” on Friday, Trump commented on the firing of Dowd and MSNBC’s coverage.

Kirk was killed on Wednesday at an event in Utah. AP

“We are talking about radical left networks and cable channels, horrible channels, like MS — I always call it DNC — because it is somehow affiliated with the Democrat National Committee,” he said.

“MSNBC, NBC, ABC, CBS — they’re all terrible. Absolutely terrible and unfair. But even they have been giving it, like, ‘This can’t be allowed to happen.’”

The president made the bombshell announcement on the show that a suspect accused of killing Kirk had been captured.



This story originally appeared on NYPost

MTA lost $1B to fare-beating — and our NYC leaders do nothing to stop it

NYPost
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MTA lost B to fare-beating — and our NYC leaders do nothing to stop it

Wonder why the MTA is facing a whopping $800 million budget hole, despite millions in congestion-pricing bucks?

Look no further than a bombshell new report on fare-beating from the Citizens Budget Commission.

The budget watchdog found the agency lost a jaw-dropping $1 billion to fare-beaters last year.

And though losses are now starting to decline, the CBC nonetheless predicts freeloaders will cheat the MTA out of a hefty $900 million this year, assuming “positive” trends continue.

The CBC’s fare-loss figures are truly shocking — far higher than the $700 million to $800 million the MTA admits was lost, and three times the amount that vanished in 2019.

That was the year before COVID struck, but also, not long after city district attorneys opted to stop prosecuting most fare-evasion cases.

On average, the CBC report finds, people hopped on the subway without paying 330 times and on buses 710 times … every minute of 2024.  

By the way, the $1 billion in lost fares is twice the congestion-pricing revenue projected for this year: Cut fare-beating to 2019 levels, and the MTA could ditch congestion pricing and still he ahead $100 million or so.

True, it’s hard to put the toothpaste back in the tube; the agency itself opened another pit by announcing it wouldn’t collect bus fares during the pandemic.

But CBC figures show that evasion rates began rising well before COVID — namely, after then-Manhattan DA Cy Vance (worried about lefty challenges to his future re-election hopes) kicked off the no-prosecution madness in late 2017.

Vance pretended these cases just weren’t cost-effective to bring, but that meant ignoring a huge cost: Winking at fare-bearing encourages far worse behavior all across the system, so his craven decision is a key reason the subways and buses feel, and are, less safe than a decade ago.

Tellingly, the stats also show an uptick in arrests in 2024 (finally!) that might explain why evasion rates fell 28% for the subway and 8% for buses during the first quarter this year (over Q1 in 2024).

Still, 43% (nearly half!) of all straphangers on buses and 10% on subways aren’t paying, even now.  

The MTA has also experimented with various other ways to cut fare-beating: The report credits unarmed guards with an estimated 36% drop in fare-beating at locations where they’ve been used.

At modified turnstiles, it’s down 60%.

But maybe nothing beats enforcement: Make these crooks face real consequences for cheating fellow New Yorkers.

Yet that means electing prosecutors who’ll, well … prosecute.

Progressives pretend that penalizing fare-beaters amounts to criminalizing poverty.

That’s always been utter rubbish: Many turnstile-jumpers and bus-hoppers aren’t the least bit poor, and the MTA and the city offer plenty of discount and free-ride programs to low-income residents and others who qualify.

MTA chief Janno Lieber knows mass fare-beating is stealing not just agency revenue, but the sense of safety so vital to a healthy system; Police Commissioner Jessica Tisch and Mayor Eric Adams know it too.

Too bad the city seems stuck with multiple DAs who won’t admit the truth — and seems poised to elect in Zohran Mamdani a new mayor who’s a committed truth denier.



This story originally appeared on NYPost

Trump Announcing The Capture Of Charlie Kirk’s Shooter On Fox News Is A Massive Problem

PoliticusUSA
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Trump Announcing The Capture Of Charlie Kirk’s Shooter On Fox News Is A Massive Problem


PoliticusUSA is independent news that isn’t influenced by money or power, so please support us by becoming a subscriber.

In a democracy where the federal government is functioning correctly, what Donald Trump just did on Fox News should never have happened.

Democratic governments are supposed to have a separation of powers. Federal law enforcement is independent of the president and the Executive Branch. Law enforcement should be free of political influence to ensure independence.

As many Americans are worried about Trump building a private police force and using the National Guard for civilian law enforcement in American cities, which is the most public and front-facing example of how law enforcement has been politicized at the federal level, there are more subtle concentrations and partisanizations of formerly independent parts of the government that too many Americans and the mainstream media now accept as normal.

Donald Trump changed the way that presidents interact with the press when he made an intentional decision to limit his interviews to mostly friendly conservative media outlets like Fox News and Newsmax.

The president would no longer theoretically be available to all news outlets to sit for interviews or answer questions. Trump would be on friendly platforms where he can control the discussion.

Trump has created a separate system where he is not challenged by the press, and by extension, not accountable to the American people. In his second term, he has expanded this system to include friendly conservative questioners in the White House press pool. It has been estimated that as many as half of the journalists at the White House covering Trump on any given day could be partisan conservative media.

The presidency has been reduced to only talking to one group of partisans, and this weakening of accountability, carried out through the destruction of independence within media and federal enforcement, was put on display as Trump announced that the suspect in the Charlie Kirk shooting was in custody on Fox News.



This story originally appeared on Politicususa

AirPods Pro 3 vs AirPods Pro 2: Apple's premium earbuds, compared

AppleInsider
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AirPods Pro 3 vs AirPods Pro 2: Apple's premium earbuds, compared



Apple’s AirPods Pro 3 are officially here and ready to buy. Here’s how the specs compare to the second generation version so you can decide if you need to upgrade or not.

AirPods Pro 3

The third-generation AirPods Pro package is an improvement over its predecessor in every meaningful way, which might make an upgrade a no-brainer. But not all improvements are created equally, and some should be given more weight than others.

In pure sound quality terms, AirPods Pro 3 have some upgrades that should make for improved audio and active noise cancellation performance. Those two things alone could be enough to warrant buying the newer earbuds.

Continue Reading on AppleInsider | Discuss on our Forums


This story originally appeared on Appleinsider

2 UK shares I’m avoiding at all costs

Motley Fool
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2 UK shares I’m avoiding at all costs


Image source: Getty Images

I’m a big believer in UK shares, but not every stock is created equal. And according to Warren Buffett, the first – and most important – rule of investing is to avoid losing money. 

In order to win, first you have to not lose. So here are a couple of UK stocks that I’m looking to stay well away from to try and protect my finances.

Aston Martin

Even the most optimistic Aston Martin Lagonda (LSE:AML) shareholder must accept there’s an above-average chance of losing money. The company has gone bankrupt seven times.

The firm has a truly iconic brand, which is a huge asset. But for some reason, the business doesn’t seem to be able to make any money – and this gets to the core of what investing is about.

The company has been raising cash by issuing shares and taking on debt. And then it’s burned through that cash in an industry with high capital requirements.

What Aston Martin really needs is a strong economic recovery in China — one of its most important markets. And there are reasons for optimism on this front.

yet even for investors who hold a bullish view on China, though, I think there may be better opportunities available. In Aston Martin’s case, I find it hard to see what justifies an enterprise value of almost £2bn.

The company expected to be free cash flow positive in 2024, but this has yet to materialise. And given the firm’s record of going bust, it looks way too risky for me.

Wizz Air

I read earlier this month that Wizz Air Holdings (LSE:WIZZ) was one of the most heavily-shorted UK shares. It takes a braver investor than me to bet against it, but I don’t like the stock.

The company has recently undergone a(nother) big strategic shift. Where it was previously looking to offer low-cost fares to the Middle East, it’s now gone back to focusing on Europe. 

There are reasons to like the change. Operating a low-cost service on long-haul flights was always going to be hard because it’s impossible to generate time for extra flights using fast turnarounds.

The trouble is, shifting back to Europe puts it in direct competition with the likes of easyJet and Ryanair. And I think it’s going to be hard for Wizz to set itself apart from these carriers.

What Wizz really needs is consolidation across the industry. This would result in lower competition and better margins for the remaining participants.

Ryanair CEO Michael O’Leary thinks this is likely and that it will involve Wizz being acquired. That should be a big worry for short sellers, but it’s not a reason for me to even think about buying the stock.

Avoiding losses

A lot of the time, I don’t buy shares because the likely return just isn’t high enough. I’m convinced the company is going to grow, but not enough to justify the current share price.

With both Aston Martin and Wizz, the situation is much worse than this. As I see it, there’s a genuine chance of investors actively losing money.

As a result, I’m staying well away from both. In a UK market that I think is full of opportunities, investors should tread very carefully around these stocks.



This story originally appeared on Motley Fool

Tether launches U.S. stablecoin, appoints former Trump crypto guru Bo Hines as CEO of American expansion

Fortune
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Tether launches U.S. stablecoin, appoints former Trump crypto guru Bo Hines as CEO of American expansion

One of crypto’s largest, and most controversial, companies is coming to the U.S. On Friday, at an event hosted at a spy museum in New York City, the stablecoin issuer Tether announced that it was launching a U.S. stablecoin called USAT, a stunning reversal for an operation that just last year appeared to be in the crosshairs of U.S. law enforcement officials.

To launch USAT, Tether has tapped Anchorage Digital, one of the largest crypto custodians that has touted its ability to issue stablecoins compliant with the Genius Act—newly passed legislation in the U.S. that establishes guardrails for the issuance and management of stablecoins. Tether’s longtime partner Cantor Fitzgerald will serve as the custodian to hold the new stablecoin’s reserves.

Tether’s decision to launch a U.S. stablecoin reflects the changing fortunes for the stablecoin giant, which counts Commerce Secretary Howard Lutnick as one of its top advocates. At Friday’s event, the company announced that former top White House crypto official Bo Hines would serve as the project’s CEO.

“We were under a severe pressure from competitors that wanted to create a monopolistic environment in the United States,” said Tether CEO Paolo Ardoino on stage. “The big mistake there was simply to discount the fact that we think Tether is the best product in the market.”

Formally shunned by top politicians, Tether hosted a who’s who from Congress and crypto at its Friday event. U.S. representatives like Bryan Steil (R-Wis.) and Addison McDowell (R-N.C.) were present, along with top crypto venture capitalists like Paradigm managing partner Matt Huang and Multicoin Capital managing partner Kyle Samani.

Tether’s rise

Founded in 2014, Tether is the issuer of an eponymous stablecoin, or a type of cryptocurrency that is pegged one-to-one with an underlying asset, typically the U.S. dollar. As crypto adoption grew, Tether’s USDT became the largest stablecoin in crypto and one of the most widely held cryptocurrencies, with a market cap today of nearly $170 billion. Thanks to its tiny staff of just under 300 staffers and billions of dollars in income earned from the yield of its holdings, Tether is also one of the most profitable companies in the world per employee, according to its unaudited financials.

But despite its success, the secretive company has been a lightning rod for criticism. This includes the opaque way that it has managed the reserves that back its stablecoin, as well as its stablecoin’s role in global illicit finance, where it’s been used for illegal activities from terrorism to money laundering. Tether has strongly rejected the claims, though it has been the target of different law enforcement actions, including a settlement with the New York attorney general and a reported investigation by the U.S. Department of Justice.

Its decision to launch a U.S.-compliant stablecoin comes after Congress passed the Genius Act in July, which paved the way for new challengers, from banks to a crop of new startups, to launch their own tokens. For Tether, which is largely used outside the U.S., the move raises questions as to the utility of its new U.S. offering and what type of traction it will achieve.

More than potential adoption, though, the move reflects Tether’s growing influence in the U.S. with the Trump administration. Lutnick became a cheerleader for the company after his financial firm, Cantor Fitzgerald, started managing the bulk of its reserves. And in August, Tether hired former top Trump crypto official Bo Hines to lead its U.S. expansion. They elevated him to CEO on Friday.

Tether’s main advantage is its massive moat, with the next largest stablecoin, Circle’s USDC, significantly trailing with a market cap of just $72 billion. But with the Genius Act’s establishment of a sanctioned path forward for traditional financial institutions to enter the market, potential users will have a wealth of options from which to choose. Some offerings are beginning to experiment with passing yield back to their users, though Genius prohibits issuers like Tether from sharing its interest earnings with customers.

On Tether’s newly launched website for its U.S. stablecoin USAT, the company said that the main use cases would be for remittances, global payments, and online checkouts.

“We want to dominate, but we want to do that in the U.S.,” said Hines on Friday.

On the new Fortune Crypto Playbook vodcast, Fortune’s senior crypto experts decode the biggest forces shaping crypto today. Watch or listen now



This story originally appeared on Fortune

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