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Imane Khelif: Olympic gold medallist appeals to sport’s highest court over genetic sex testing | World News

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Olympic gold medallist Imane Khelif has appealed to sport’s highest court over World Boxing’s decision to bar her from its events without a preliminary genetic sex test.

The appeal seeks to overturn the ruling and allow the Algerian female boxer to compete at the 2025 World Boxing Championships between 4 and 14 September without having the test, the Court of Arbitration for Sport (CAS) said in a statement.

It added that a request to suspend World Boxing’s decision to bar Khelif until the case is heard was dismissed on Monday.

“The parties are currently exchanging written submissions and, with their agreement, a hearing will be scheduled,” CAS said.

Khelif filed her appeal against World Boxing’s decision to block her from any of their events until she has undergone genetic sex testing on 5 August, the court added.

The 26-year-old won Olympic women’s welterweight gold in Paris last summer having been cleared to compete by the International Olympic Committee.

This was despite the International Boxing Association having banned her from the previous year’s World Championships after saying sex chromosome tests had ruled her ineligible.

Khelif was able to compete in the women’s category in Paris after the International Olympic Committee stripped the IBA of its status as the sport’s governing body in 2023 and took control of organising boxing in Paris.

After her gold medal victory, Khelif said: “I am fully qualified to take part in this competition – I am a woman.

“I was born a woman, I’ve lived as a woman and I’ve competed as a woman. There’s no doubt that there are enemies of success, and that gives my success a special taste because of these attacks.”

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Image:
Imane Khelif celebrates winning gold at the Paris Olympics. Pic: AP

World Boxing, which will oversee the sport at the 2028 Olympics, introduced mandatory sex testing for all boxers in its competitions in May, adding that Khelif would not be allowed to compete until she underwent such a test.

World Boxing president Boris van der Vorst later apologised over Khelif being named in the announcement, saying her privacy should have been protected.

Khelif said in March that she will defend her title at the 2028 Olympics.



This story originally appeared on Skynews

Modi and Putin affirm special relationship as India faces steep US tariffs over Russian oil imports : NPR

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Indian Prime Minister Narendra Modi, left, and Russian President Vladimir Putin pose during their meeting on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Tianjin, China, Monday, Sept. 1, 2025.

Vladimir Smirnov/AP/Pool Sputnik Kremlin


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Vladimir Smirnov/AP/Pool Sputnik Kremlin

TIANJIN, China — Indian Prime Minister Narendra Modi and Russian President Vladimir Putin met on the sidelines of a regional summit in China on Monday in a show of deepening ties when New Delhi’s relations with Washington are strained over the purchase of Russian oil.

The two leaders held talks after attending the key session of the Shanghai Cooperation Organization gathering in the port city of Tianjin, where discussions focused on regional stability, bilateral trade and energy cooperation.

In his remarks to open the talks, Modi termed the partnership with Moscow as “special and privileged.” Putin addressed Modi as a “dear friend” and hailed Russia’s ties with India as special, friendly and trusting.

“Russia and India have maintained special relations for decades. Friendly, trusting. This is the foundation for the development of our relations in the future,” Putin said.

Putin plans to travel to India in December for the 23rd India-Russia annual summit, according to his foreign affairs adviser, Yuri Ushakov.

Relationships on display

Modi used the SCO meeting to welcome the initiatives aimed at halting the conflict between Russia and Ukraine and called on the stakeholders to move forward constructively.

“To end the conflict soonest and establish peace permanently, we need to find out a way. It’s a call of the entire humanity,” Modi said.

Putin was accompanied by a large delegation that included top government officials. Russian state media reported that before sitting down for their formal meeting, Putin and Modi spoke one-on-one for almost an hour in a Russian-made limousine that Putin regularly takes on foreign trips.

Moments before the leaders lined up for a group photo, Modi was seen clasping Putin’s hand with the gusto of an old friend, bursting into his trademark hearty laughter. The moment was infectious as Putin grinned and chuckled, while Chinese President Xi Jinping gave a measured smile. The trio, ringed by watchful interlocuters, chatted animatedly for a few seconds.

Modi met Xi ahead of the opening of the summit Sunday and the two leaders pledged to resolve their border differences and bolster cooperation.

Washington pushing together China, Russia and India

Monday’s bilateral meeting between Modi and Putin carried added significance by coming days after U.S. President Donald Trump imposed an additional 25% tariffs on Indian imports, raising the total duties to a steep 50%, in retaliation for India’s continued purchases of discounted Russian oil.

Washington has repeatedly warned New Delhi against buying Russian crude, which it said was partly keeping Moscow’s revenues afloat to fund the Ukraine war. India has defended its imports as essential for meeting the growing energy needs of its 1.4 billion people.

Analysts said Trump’s steep tariffs and the tone coming from the White House have pushed New Delhi closer to China and Russia.

“While India-China reengagements started much before Trump, his policies are accelerating a process whereby India seems to be working much more closely with China and Russia to push back against economic unilateralism it is witnessing from the U.S.,” said Harsh Pant, vice president of foreign policy at New Delhi based think tank the Observer Research Foundation.

Modi travelled to Russia twice last year. The first was a visit to Moscow for talks with Putin in July, which was his first trip to Russia since the full-scale invasion of Ukraine by the Kremlin’s forces in February 2022. He then traveled to Kazan in October for the summit of the BRICS bloc of developing economies.

Trump’s reaction

As Xi, Putin and Modi showed extraordinary unity, Trump on Monday continued to jab at New Delhi.

As the summit wrapped up, Trump charged in a social media post that historically the U.S.-India trade relationship “has been a totally one sided disaster!” Trump also bristled about India surging its Russian oil purchases and signaled no trade deal with New Delhi is in sight.

“They have now offered to cut their Tariffs to nothing, but it’s getting late,” Trump said in the posting on his Truth Social platform. “They should have done so years ago. Just some simple facts for people to ponder!!!”

SCO nations share a history of business partnerships

Russia has had strong ties with India since the Cold War, and New Delhi’s importance as a key trading partner has grown since the war between Moscow and Ukraine.

China and India have become key buyers of Russian oil after the West shunned Russian exports to punish Moscow.

India historically bought most of its crude from the Middle East, but the world’s third-largest crude importer after China and the U.S. has started buying Russian oil available at discounted rates. Russia now accounts for around 37% of India’s total oil imports, according to analysts and Indian officials.

Trade between India and Russia has sharply increased in recent years, reaching a record $68.7 billion in the 2024-25 financial year. Imports from Russia reached around $64 billion and exports from India totaled about $5 billion, according to Indian government data.

The two nations aspire to bolster trade to $100 billion by 2030.

Modi’s meeting with Putin underscored New Delhi’s stance that India prized its old and reliable strategic partners and has sufficient strategic autonomy in its foreign policy to maintain and strengthen its multi-dimensional partnership, said Sreeram Sundar Chaulia, an international affairs expert at New Delhi’s Jindal School of International Affairs.

At the same time, the Indian government hopes the present rough weather between India and the U.S. is a temporary aberration, Chaulia said.

“Then, India can return happily to having the Russian cake and eating the American pie as part of its multi-alignment strategy,” Chaulia said.



This story originally appeared on NPR

This FTSE 250 bank is up 680% over 5 years… the FTSE 100 is in sight

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Image source: Getty Images

Lion Finance (LSE:BGEO) is now among the largest companies on the FTSE 250 — this is the index that is essentially (but not perfectly) composed of the 101st to 350th most valuable companies listed in the UK. The index, however, doesn’t include non-main market stocks like Jet2 or companies like Carnival, which no longer meet domicile/nationality requirements.

So, back to Lion Finance. Many investors won’t be familiar with it because it used to be called Bank of Georgia. And even then, it was possibly overlooked. After all, many investors like to invest in what they know, and they’re unlikely to know a Georgian bank. Thankfully, Georgia and banks are my forte — well, at least that’s what I thought.

Why did the stock surge?

Lion Finance shares hit a low point during the pandemic in 2020, reflecting the global uncertainty and pressure on banks at the time. A further setback came in early 2022 when Russia’s invasion of Ukraine triggered a broad sell-off in regional markets, including Georgia.

Investors initially feared significant economic disruption, but Georgia’s neutral stance in the conflict helped limit the fallout and supported a quicker-than-expected recovery. Against this backdrop, Lion Finance’s shares rebounded from their pandemic trough as economic growth resumed and confidence gradually returned.

As the Georgian economy grew faster than almost anywhere in Europe, Lion Finance flourished. After all, banks typically reflect the health of the local economy. In short, the company kept on beating expectations, returning more and more money to share holders.

For context, the dividend payments in 2025 represent 25% of the share price in 2020. In other words, £10,000 invested in 2020 would roughly result in £2,500 of dividends in 2025 alone.

…despite my concerns

I was a shareholder in Lion Finance, but elected to sell (I had done rather well — circa 300% up) due to concerns about the outcome of the Georgian election last year and polarised positions on Russia. Several of my colleagues felt the same way. Nevertheless, the stock has continued to push upwards, reflecting the government’s focus on delivering economic growth and the country’s relative outperformance.

Now, the bank is trading around 5.1 times forward earnings, falling to 4.4 times for 2027. Clearly this represents a discount to its UK-listed peers, including Standard Chartered which also operates in developing countries — albeit many countries rather than two. The forward yield stands around 5%, increasing to around 6.5% the year after, according to forecasts.

It’s not expensive, and analysts think it could go higher still. The average share price target is 22% above the current levels. This type of discrepancy typically indicates the market is undervaluing a stock, although analysts can be wrong.

The bottom line

It’s definitely worth considering when we look at the numbers and analysts forecasts, which suggest the stock could push for FTSE 100 promotion. However, there are probably investment opportunities out there with less political risk. I’m still a little worried about the political situation in the country. Stability is key for banks, although I’ve been wrong about this Georgian bank before — clearly not the expert I thought I was!



This story originally appeared on Motley Fool

At Labor Day rallies, speakers decry Trump

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Thousands of union members and others participated in marches, rallies and picnics on Labor Day throughout the Los Angeles region and across the country on Monday, decrying actions by the Trump administration that they say weaken unions and harm workers while strengthening and emboldening major corporations and the wealthy.

A White House proclamation Monday said President Trump’s actions are “reversing decades of neglect and finally putting American Workers first” by rewriting tax laws and creating a better economic climate for businesses.

His critics say he is undermining, in historic ways, the government and labor-union infrastructure established to protect workers — and therefore hurting individual workers.

Participants at a massive Wilmington rally and parade — organized by the Los Angeles County Federation of Labor — united over a common foe: Trump.

“Donald Trump has gone too far,” said state Sen. Maria Elena Durazo (D-Los Angeles), as she and others linked typical Labor Day rhetoric directly to immigration raids. “On this Labor Day, we have an American president who takes parents from their children and workers from their jobs.”

The raids are no longer about border security, Durazo said, but “about breaking the backbone of our economy and terrorizing families.”

”Fighting for workers’ rights means fighting for immigrant rights,” said Angelica Salas, the executive director of the immigrant advocacy group CHIRLA.

The Trump administration, meanwhile, marked Labor Day by extolling the American worker and calling attention to new trade policies — including widespread tariffs — intended to spur a return of manufacturing to the United States.

“Every day, my Administration is restoring the dignity of labor and putting the American worker first,” Trump said in a Labor Day proclamation. “We are making it easier to buy American and hire American, breathing new life into our manufacturing cities, and securing fair trade deals that protect our jobs and reward our productivity. … Under my leadership, we are bringing jobs back to America — and those jobs are going to American-born workers.”

Tariff chaos at port

The effect of tariffs and their uneven rollout is widely debated, including within Trump’s Republican Party, although a Congress controlled by Republicans has not acted to stop them.

Trump’s tariffs — and the threat of them — have triggered unpredictable boom-and-bust cycles at L.A.’s ports, Mickey Chavez, president of the International Longshore and Warehouse Union Southern California District Council, said Monday.

Standing with his French bulldog Gucci under an ILWU tent after the Wilmington parade, the union foreman described how the mood has fluctuated dramatically at the nearby union hall where ILWU members wait for work.

“It’s been chaotic, more than anything, with the tariffs,” Chavez said as smoke from a barbecue a few tents over curled past his ILWU beret. “Either the workers really get a lot of work because they’re trying to beat the tariffs, or then [Trump] sets out more tariffs and the work slows down.”

The uncertainty has made it difficult for workers to plan, particularly those at the lowest level, who are most affected by slowdowns.

“If he sends out a tweet or makes a decision, we never know if there’s going to be work or not, so it’s been in flux,” the fourth-generation ILWU member said.

Chavez’s great-grandfather first joined the union in the 1940s and his family has worked at the ports ever since. But he has never experienced anything like this before, where work is so dependent on the whims of a single man, he said.

Trump bans most federal bargaining

On the same day as his Labor Day proclamation, Trump issued an order banning collective bargaining at the International Trade Administration and the Patent and Trademark Office within the Commerce Department; the National Oceanic and Atmospheric Administration’s National Environmental Satellite, Data and Information Service, and the National Weather Service; as well as at NASA and the U.S. Agency for Global Media.

Trump cited national security concerns as providing legal grounds for the unilateral edict. The latest action follows a March order outlawing collective bargaining for a majority of the federal workforce, citing the same justification.

Unions immediately filed suit, putting Trump’s action on hold.

A study from the left-leaning Center for American Progress estimated that Trump’s orders have stripped 82% of civilian federal workers of their right to bargain. The total number of workers whose contracts Trump has abrogated exceeds 1 million, an estimated one-fifteenth of American workers covered by a union contract.

In addition, Trump fired National Labor Relations Board member Gwynne Wilcox, although the National Labor Relations Act stipulates that board members serve for five years and her term was not to end until August 2028. Her dismissal has paralyzed the labor board by leaving it without a quorum. The U.S. Supreme Court declined to stop her dismissal as part of ongoing litigation.

At least one speaker at the Wilmington rally spoke of the need for organized labor to support California Gov. Gavin Newsom’s efforts to redraw state congressional districts to flip as many as five seats from Republican to Democrat — a strategy to offset actions taken in Texas — urged on by Trump — to do exactly the opposite.

Labor groups have already put millions of dollars behind it and have committed to help lead voter-mobilization efforts.

Unlike in Texas, Newsom’s plan must be approved by voters, who will have the opportunity to support it by voting for Proposition 50.

Passage of the measure at the ballot box is essential, state Assemblyman Mark Gonzalez (D-Los Angeles) said at the Wilmington event, because Trump is already “destroying the fabric of the labor movement” months into his second term.

California Republicans point out that the measure unravels reforms meant to make California districts more representative and competitive. Opponents of the retaliatory gerrymander include former California Republican Gov. Arnold Schwarzenegger.

Festive vibes

In Wilmington, although the thousands of union members and allies were fired up, the rally and parade retained a festive vibe.

On a truck at the front of the procession, leaders of local and state labor groups danced with elected officials as Bob Marley and the Wailers sang about standing up for rights over a loudspeaker.

Hammerhead cranes at the nearby port facilities dotted the horizon as classic cars turned down E Street, and posters and T-shirts in the crowd advertised membership in an alphabet soup of union locals.

Children sharing space with political fliers in oversized wagons blew bubbles, and teenage girls from a local high school twirled pom-poms.

At the helm of a massive shiny black truck bearing the Teamsters insignia, a driver clenched a cigar between his teeth as he steered with one hand and pulled an overhead horn with the other. Representatives from the local branch of the sheet metal workers union carried a carefully crafted, welded brown California bear in the back of their truck.

Alongside carpenters and nurses and dockworkers, there were also representatives from a cadre of entertainment industry unions representing actors, writers and production workers.

Rallies across the Southland and the country were united under the banner of May Day Strong, a partnership of labor, political and environmental organizations. The targets of the rallies included federal agencies carrying out immigration raids, including U.S. Immigration and Customs Enforcement.

“The billionaires continue to wage a war on working people, with their cronies in the administration, ICE and law enforcement backing up their attacks,” according to the organizers’ toolkit. “This Labor Day we will continue to stand strong, fighting for public schools over private profits, healthcare over hedge funds, shared prosperity over billionaire-bought politics.”



This story originally appeared on LA Times

Canadian Citizen Indicted for Illegal Voting in U.S. Elections

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On April 16, 2025, Attorney General Bondi and Education Secretary McMahon announced enforcement actions against the State of Maine for failing to protect women and girls in sports. This follows a federal investigation into Maine’s noncompliance with Title IX – a civil rights law that guarantees women and girls equal protection in education and athletics.

A Canadian citizen who has lived in the United States since the 1960s now faces federal charges for illegally registering and voting in multiple American elections, including the 2022 midterms and the 2024 presidential race. 

A federal grand jury in North Carolina indicted 69-year-old Denis Bouchard this week, revealing he allegedly certified false U.S. citizenship status to cast ballots in New Hanover and Pender County elections.

According to the Department of Justice, Bouchard falsely claimed to be an American citizen on voter registration applications filed in 2022 and 2024. 

WATCH: TEXAS Democrat INDICTED — STOLE Thousands from TAXPAYERS with SIBLINGS

He is accused of voting in the 2022 congressional election and the 2024 presidential election despite never having obtained U.S. citizenship. 

Prosecutors say he had been participating in elections for nearly two decades, raising questions about how long his fraudulent activity went unnoticed by election officials.

Ellis Boyle, U.S. Attorney for the Eastern District of North Carolina, emphasized the gravity of the situation, noting that every illegal vote cast by a noncitizen cancels out the ballot of a legitimate voter. 

Federal prosecutors have made clear that they intend to prove this conduct in court and bring it to an end.

Law enforcement officials stressed that pursuing such cases is essential to maintaining trust in the electoral system. 

The FBI, supported by U.S. Immigration and Customs Enforcement and the North Carolina State Board of Elections, is leading the investigation. 

The state elections board also underscored that the indictment reflects how seriously authorities approach voter fraud, stressing that public confidence in elections depends on strong enforcement of the law.

The case carries national significance.

While illegal voting is often portrayed as rare by the Democrats, this indictment illustrates how gaps in voter registration systems can be exploited. 

In this instance, the defendant is reported to have repeatedly certified false citizenship status without being challenged. 

With elections frequently decided by slim margins, even a handful of fraudulent votes can tip the balance.

The Department of Justice maintains a conviction rate of about 98% in federal prosecutions.

That track record suggests a strong likelihood of a guilty verdict if the evidence stands, making the case both a warning and a deterrent for others who might contemplate violating election laws.

The upcoming trial will determine whether he faces years in federal prison for undermining the democratic process that secures American citizens’ voice in government.



This story originally appeared on TheGateWayPundit

Panic in Spain as first case of deadly disease confirmed in holiday hotspot | World | News

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A horse in Maó, Menorca, has tested positive for West Nile virus, marking the first confirmed case of the disease in the Balearic Islands. The animal, which was showing neurological symptoms, was diagnosed at Madrid’s Central Veterinary Laboratory in Algete.

Authorities say the case is being closely monitored as part of Spain’s wider West Nile surveillance programme, which tracks horses, wild birds, and mosquitoes to detect the virus early. West Nile virus is mainly spread through mosquito bites. Mosquitoes become carriers when they feed on infected birds and can then pass the virus to humans or animals. Horses and birds are considered important “sentinel” species, often showing signs of the virus before human cases emerge. Spain has previously experienced outbreaks. In 2020, 77 human cases were reported, mostly in Andalucía and Extremadura. More recently, 2024 saw 138 confirmed cases across the country, resulting in 15 deaths.

No other cases have been detected in the Balearic Islands or mainland Spain so far this season. Public health officials are advising residents and visitors to take precautionary steps against mosquito bites, particularly during the late summer months when the risk is highest.

Recommendations include using insect repellent, wearing long sleeves and trousers in mosquito-prone areas, and limiting outdoor activity at dusk and dawn.

According to the World Health Organization, around 80% of people infected with West Nile virus do not develop symptoms. Of those who do, most experience mild illness known as West Nile fever, which can include fever, headache, fatigue, body aches, nausea, or rash.

In rare cases, the infection can lead to severe neurological disease such as encephalitis or meningitis. Approximately 1 in 150 infected individuals develop these more serious complications.

People over 50 and those with weakened immune systems are considered at higher risk of severe illness. There is currently no vaccine or specific treatment for West Nile virus. Patients who require hospital care are typically treated with intravenous fluids, respiratory support, and monitoring to prevent secondary infections.

Authorities in Menorca stress that this is a single confirmed animal case and that measures are already in place to monitor and reduce the risk of further spread.



This story originally appeared on Express.co.uk

Building Tech With No Experience Taught Me This Key Skill

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Opinions expressed by Entrepreneur contributors are their own.

In today’s world, not every founder comes from a technical background, and that’s no longer a dealbreaker. With AI projected to grow 28.5% by the end of the decade, even specialists are racing to keep up with emerging innovations. In such a fast-moving environment, the expectation that any one person, founder or otherwise, will master every detail is both unrealistic and counterproductive.

The reality is this: You don’t need to code to build in tech, but you do need to translate. The ability to connect across disciplines has become the most important skill to develop — not just as someone building a company, but as someone leading one.

If my experience in the NBA has taught me anything, it’s that every good team is made up of strong translators: people who understand both the locker room and the boardroom, coaches who can speak to data analysts and players, and leaders who can turn strategy into execution. Unsurprisingly, this is exactly what tech startups need, too.

Related: Having No Experience Doesn’t Mean You Can’t Start a Business

Clarity beats jargon

When I started building Tracy AI, I quickly learned that trying to sound technical wasn’t helpful and actually slowed things down. Translating product decisions into clear, outcome-based language helped us move much faster. We didn’t always need to build models from scratch, but we did need to understand what those models were aiming for. That’s the real distinction between technical literacy and technical fluency: One is about credibility, but the other is about clarity. When everyone’s on the same page, people align, and products get better.

Having this approach enabled us to bring in outside subject-matter experts, test assumptions early and avoid costly missteps that often come from internal echo chambers. Regardless of whether your team is fluent in Python, the ability to communicate clearly across complexity is what ultimately drives the company’s momentum.

Hire smart

I once read a quote from David Ogilvy that stuck with me: “Hire people who are better than you are, and then leave them to get on with it.” In tech, that means surrounding yourself with brilliant engineers, designers and product minds, and focusing your own energy on alignment, direction and decision-making.

Building a company is about asking better questions, setting the right priorities and making sure your team is rowing in the same direction. That requires trust, communication and discipline, not technical depth. It also means knowing how to translate business needs into technical priorities, and vice versa.

When it comes down to it, a founder’s job is to build bridges. Between vision and execution. Between product and people. Between strategy and reality. The most valuable skill in business isn’t your ability to code; it’s your ability to connect. Not being afraid of connecting strong, self-motivated individuals in your business is not only a recipe for success — it’s just good business sense.

Related: How (Not Why) You Need to Start Hiring People Smarter Than Yourself

Letting go

Rapid-growth companies face a specific leadership challenge: knowing when to direct and when to step back. For founders, especially those without technical backgrounds, there’s a strong temptation to stay hands-on with every detail. According to a Harvard Business Review study, 58% of founders struggle to let go of control, often remaining stuck in what’s known as “founder mode,” even when the company is ready to scale.

Being stuck in founder mode can slow down progress, stifle creativity and burn out the very experts hired to build. The job of the founder is to hold the vision and define the “what” and “why,” while trusting the team to figure out the “how.” That means giving engineers autonomy to explore solutions and trusting their understanding of the mechanics.

At the same time, it’s important to stay connected to the people you’re building for. From my experience, I made sure to spend time with athletes, coaches and trainers — not just as a former player, but as a product owner committed to learning. That user feedback wasn’t just helpful; it became a compass for the tech. Just because we may need to let go of day-to-day, doesn’t mean we can’t get involved in other ways.

At a certain point in any startup’s life, there is a transition from idea to alignment. Engineers speak in sprints and system architecture. Investors speak in ROI and risk. Users speak in frustrations, workarounds and outcomes. As a founder, your job is to be the connector between all of them, bridging the gap between engineers, users and investors, often speaking three very different languages in the same meeting.

Related: Are You Running Your Business — or Is It Running You? How to Escape ‘Founder Mode’ and Learn to Let Go

That means being able to explain what users actually want to your developers, breaking down technical constraints in a way your investors can understand and communicating a vision clearly enough that everyone in the business can see where they fit in. This is what makes a product usable, turns a group of builders into a team and ultimately transforms a good idea into a lasting company.

In today’s world, not every founder comes from a technical background, and that’s no longer a dealbreaker. With AI projected to grow 28.5% by the end of the decade, even specialists are racing to keep up with emerging innovations. In such a fast-moving environment, the expectation that any one person, founder or otherwise, will master every detail is both unrealistic and counterproductive.

The reality is this: You don’t need to code to build in tech, but you do need to translate. The ability to connect across disciplines has become the most important skill to develop — not just as someone building a company, but as someone leading one.

If my experience in the NBA has taught me anything, it’s that every good team is made up of strong translators: people who understand both the locker room and the boardroom, coaches who can speak to data analysts and players, and leaders who can turn strategy into execution. Unsurprisingly, this is exactly what tech startups need, too.

The rest of this article is locked.

Join Entrepreneur+ today for access.



This story originally appeared on Entrepreneur

Nestlé fires boss Laurent Freixe for failing to disclose romantic relationship with underling

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Nestlé boss Laurent Freixe was abruptly booted on Monday for failing to disclose a romantic relationship with an underling less than a year after taking the reins, the Swiss food giant said.

The world’s largest food company — which has a portfolio of brands that includes Gerber, Purina, Perrier and KitKat — said an internal investigation found the French-born Freixe had violated its code of conduct, the company said.

“The decision was necessary,” Nestle board chairman Paul Bulcke said in a statement.

“Nestlé’s values and governance form the solid foundation of our company.”

Nestlé CEO Laurent Freixe has been fired from the Swiss multinational. AFP via Getty Images

The 63-year-old Freixe (pronounced Fraysh) will receive no exit package, the company said.

It did not provide any specifics about Freixe’s romantic relationship with the direct subordinate.

Philipp Navratil, the 48-year-old boss of Nestlé’s Nespresso unit who has spent 24 years with the company, was handed the top job effective immediately, the company said.

Freixe joined Nestlé in 1986 and rose through senior posts across Europe and Latin America before succeeding ousted CEO Mark Schneider.

The world’s largest food company made the announcement on Monday, saying that the French-born Freixe was dismissed for violating the company’s code of conduct. REUTERS

Freixe’s shock departure threatens more volatility for Nestle amid a tough consumer environment and the global threat of trade tariffs. The firm announced in June that Bulcke would stand down next year.

Nestlé’s stock has fallen more than 17% over the past year, sliding from a 52-week high of $114.65 per share in March to as low as $87.38 last month. It closed at $94.36 on Friday.

Freixe’s sudden exit is the latest management reshuffle at a global consumer goods and food company this year, including Nestle rival Unilever, Diageo and Hershey.

Kohl’s fired CEO Ashley Buchanan in May after an investigation found he had pushed for deals with a vendor with whom he had a personal relationship, after little more than 100 days in the position.

Philipp Navratil, who before Monday headed up the company’s Nespresso unit, has been installed as the new CEO. Nestle

Navratil, who started in the company’s internal audit unit in 2001, was appointed to the executive board in January after his successful stint running Nespresso.

“It is a privilege to lead Nestlé into the future,” Navratil said in a statement.

“I fully support the company’s strategic direction and the action plan already underway to strengthen Nestlé’s performance.”



This story originally appeared on NYPost

Lisa Cook’s pro-censoring past, Russiagate never ended and other commentary

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From the left: Russiagate Never Ended

“For those who think Russiagate is ancient history,” warns Racket’s Matt Taibbi, “welcome to its second chapter, about Biden-era surveillance.”

Trump adviser Michael Caputo had “been monitored by the FBI” since 2023, after he began working for Team Trump.

In 2017, Caputo was “name-checked” by FBI Director James Comey in a House hearing and accused of “being too close to Russia.”

In 2023, when Caputo joined Trump’s “second re-election campaign,” aiming to design “federal government reform policy,” the US Attorney for DC then “issued a classified subpoena to Google” demanding access to Caputo’s emails and other data.

Caputo “worries that elements of the FBI” are still in place, “using spy tools far too easy to access, with too little oversight.”

From the right: Dems in the Wilderness

“Things have never been this bad for the party of hope and change,” snarks Joseph Curl at The Washington Times. 

“Millions of voters are abandoning the party, approval ratings have hit a 30-year low and fundraising is in the dumper,” as “major Democratic donors have withheld contributions amid uncertainty about the party’s direction.”

Though some Democrats “are pushing for moderation,” others “continue to advocate for far-left positions.”

“The center-left think tank Third Way has one simple suggestion: Lose the woke,” but during a recent summer meeting of the Democratic National Committee, Democrats instead “doubled down on the woke and then made a hard-left turn.”

The party “just might spend the next 20 years in the wilderness, and it has only itself to blame.”

Economist: It’s Debt That Saps Fed’s Independence

“Concerns about the Federal Reserve’s independence have grown following repeated attacks by President Donald Trump, including this week’s decision to fire Fed Gov. Lisa Cook based on questionable allegations,” notes Veronique de Rugy at The American Spectator.

But the debate “is too narrowly focused on the president’s political pressure, ignoring a growing danger in our system”: the national debt — and Congress’ tax-and-spend policies, which create it.

“Pressure on the Fed will continue” no matter who’s president, “thanks to the fiscal trajectory that was locked in years ago, and Congress’ refusal to do anything about it.”

It’s not whether Fed boss Jerome Powell, or his successor, “will resist Trump’s demands,” but whether “Congress will behave in a way that allows the Fed to do its job.”

Libertarian: Lisa Cook’s Pro-Censoring Past

As Trump tries to fire Fed board member Lisa Cook, it’s worth revisiting 2020, when “Cook was involved in the effort to oust Harald Uhlig, then editor of the Journal of Political Economy, for crimes against wokeness,” flags Reason’s Robby Soave.

Uhlig “politely but firmly criticized the Black Lives Matter movement” for pushing to defund the police and was accused of once saying “something negative about Martin Luther King Jr.”

Cook called for Uhlig’s axing, posting that “that ‘free speech has its limits.’”

It’s “crazy” that a sitting member of the board “called on somebody to lose their job for such a trivial reason,” but the fact that most people would now recognize that this shows “the tides of wokeness actually have receded.”

Victim advocate: Trump Bail Order Welcome 

“It’s hard to explain what it feels like to bury someone you loved” who died unnecessarily, observes Jennifer Harrison at The Spectator.

While families of victims of violent crime have gone “through the worst nightmare imaginable,” politicians have congratulated themselves “for ‘social justice’ reforms that only created more victims.”

Democrats rammed through “bail reform, stripping judges of discretion and unleashing chaos,” and bore with little regard for or “mention of the victims whose blood had been spilled.”

Money has “flowed into programs designed to support criminals.”

Trump’s executive order on cashless bail “is a long-overdue acknowledgment that public safety must come first,” though “the least our system can do is to offer a semblance of fairness and balance” to the families of the victims. 

— Compiled by The Post Editorial Board



This story originally appeared on NYPost

Matthew Stafford will start in Rams’ season opener against Texans

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Matthew Stafford will start at quarterback and the plan is for Alaric Jackson to start at left tackle on Sunday in the season opener against the Houston Texans at SoFi Stadium, Rams coach Sean McVay said Monday.

Stafford, 37, practiced the last few weeks after sitting out training camp and several weeks because of a back issue.

“He’ll be good,” to start against the Texans, McVay said during a videoconference with reporters after the Rams completed a no-pads practice that was closed to the media.

Jackson, who signed a $35-million extension in March, practiced Monday for the first time since he was diagnosed with blood clots in his legs in June. Jackson had been doing individual drills with trainers and had participated with starters in jog-throughs.

“He earned the right to be in the position, where you pay him — it was a big priority for us to get him back,” McVay said. “He’s done everything in his power to be ready to go. This was always the end goal in mind — is to be ready to go against the Texans.”

After Jackson was diagnosed with blood clots for the second time in his career — he also dealt with the issue in 2022 — the Rams signed veteran tackle D.J. Humphries. Warren McClendon Jr. and David Quessenberry are other tackles that could play opposite right tackle Rob Havenstein if Jackson is injured, limited or struggles.

But McVay sounded optimistic that the Rams would continue to manage Jackson’s condition and that he would be ready for Sunday.

“He’s taken great care of himself, and he’s put himself in a rare position that I do believe to step in and play at a good clip,” McVay said, adding, “There’s nothing like actually playing real football … but [Monday] was a great step in the right direction.”



This story originally appeared on LA Times