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World Economy Apr 15, 2026

Allbirds Stock Surges 582% as Eco-Friendly Shoe Maker Pivots to AI

Shares in eco-friendly shoe maker Allbirds surged 582% after the company announced it is pivoting t…
Shares in eco-friendly shoe maker Allbirds experienced a dramatic surge of 582% after the company announced a sudden pivot to artificial intelligence and rebranding as 'NewBird AI'. The unexpected move sent the company's stock price soaring during a flurry of trading.Allbirds, known for its minimalist wool sneakers popular in Silicon Valley, had struggled in recent years, with its shares losing 99% of their worth since 2021. The company was once valued at $4 billion but had fallen into disrepair. Earlier this month, Allbirds announced plans for a $39 million sale to brand management firm American Exchange Company.The company's new focus will be on acquiring graphics processing units to support AI compute. Allbirds stated, “The rise of AI development and adoption has created unprecedented structural demand for specialized, high-performance compute that the market is struggling to meet. NewBird AI is being built to help close that gap.”Allbirds has secured $50 million in funding from an unnamed investor for its new AI operation, according to a filing with the Securities and Exchange Commission. The company will shift from its status as an eco-conscious public benefit corporation to a conventional corporation, with a reduced focus on environmental conservation.Despite its initial success, with sustainability central to its marketing and endorsements from celebrities like Leonardo DiCaprio, Gwyneth Paltrow, Oprah Winfrey, and Barack Obama, Allbirds struggled to sustain momentum and largely fell out of fashion. The company closed its last physical stores in the US in January and reported a $20.3 million loss in the third quarter of last year.Allbirds is now awaiting shareholder approval for American Exchange Company’s purchase of the company in a vote next month. The sale will enable Allbirds “to pivot its business to AI compute infrastructure, with a long-term vision to become a fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider.”
#company #allbirds #new
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Sports Apr 14, 2026

West Brom Faces Potential Points Deduction and Relegation After Season Ends

West Bromwich Albion could face a points deduction and relegation from the Championship after the s…
West Bromwich Albion is facing a potential points deduction that could lead to their relegation from the Championship after the season has ended. The club is contesting charges of breaching the English Football League's (EFL) profit and sustainability (P&S) rules, specifically an alleged breach of the £39m loss limit in the three-year period culminating in the 2024-25 season.The EFL's sanctioning guidelines state that any punishment for a P&S breach must be applied in the campaign after it took place. However, the rulebook does not provide a definitive cutoff point for the end of the season, creating uncertainty about when the punishment would be applied.West Brom's situation is complicated by their current relegation battle in the Championship. With four games remaining, they are two points clear of third-bottom Oxford United. A small points deduction could send them down to League One.The EFL has until the end of the season to conclude the case, but the exact timing is unclear. Possible dates include the final round of league games on May 2, the Championship playoff final on May 23, or even the publication of next season's fixtures on June 25.In a similar case, Derby County was fined £100,000 and later docked 21 points for P&S breaches and entering administration, resulting in relegation. West Brom insists it has complied with P&S rules despite recorded combined losses of £55.6m since 2022.The dispute centers on the treatment of interest payments on loans taken out during the sale process of the club. West Brom is determined to fight the charges, and any sporting sanction imposed would likely lead to an appeal with significant legal ramifications.
#efl #championship #football
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Sports Apr 13, 2026

Monarch Collective says WSL clubs are treated as afterthoughts and urges owners to commit to deeper investment

Monarch Collective co‑founder Kara Nortman argues that many Women’s Super League clubs are still vi…
Monarch Collective believes that a number of Women’s Super League (WSL) clubs remain “afterthoughts” for their owners, receiving only marginal capital and expertise. Co‑founder Kara Nortman highlighted this concern during a recent interview.Last month, Monarch became the first women’s multi‑sport group by acquiring a minority stake in the Cleveland WNBA franchise, joining an ownership portfolio that already includes NWSL sides San Diego Wave and Boston Legacy, as well as German club Viktoria Berlin.Since establishing Monarch in 2023—four years after launching Angel City FC with Natalie Portman and Julie Uhrman—Nortman has held informal talks with roughly a dozen English clubs, though no deal has yet materialised. She declined to comment on ongoing negotiations with West Ham United’s women’s side, noting that finding the right English partner has proven “challenging”.Recent years have seen a wave of international interest in WSL clubs, yet many prospective investors perceive the women’s teams as a compliance tool for profitability and sustainability mandates rather than a growth engine. In the past twelve months, clubs such as Chelsea, Aston Villa and Everton have sold stakes in their women’s sides to related‑party entities, while US‑based Bay Collective recently secured majority ownership of Sunderland Women in the WSL2.Monarch’s latest $250 million funding round equips it with the capital to act when a suitable opportunity arises. Nortman explained, “If owners truly believe in their women’s team, they should invite us to ‘supercharge’ it with our cross‑sport expertise. If they only want a token boost, that’s a different story.”Beyond capital, Monarch offers advisory services. Nortman recounted a humorous encounter with fans at Crystal Palace, where a supporter asked if she was a “Wag”, prompting a light‑hearted response that underscored the firm’s community‑focused ethos.Reflecting on Angel City’s trajectory, Nortman noted that Monarch initially invested about $1 million to help the club join the NWSL in 2020. Four years later, Angel City was sold to Disney CEO Bob Iger and his wife for a reported $250 million, making it the world’s most valuable women’s franchise.Looking ahead, Monarch is broadening its scope beyond football and basketball, exploring opportunities in cricket and rugby union. The firm recently opened a London office, led by former Manchester City executive Katharine Curran, to deepen its engagement with the UK sports market.
#Monarch Collective #Kara Nortman #Women’s Super League
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Sports Apr 13, 2026

West Brom Denies Breach of EFL Financial Rules Amid Points Deduction Fears

West Bromwich Albion has insisted that they have complied with the EFL's financial rules despite re…
West Bromwich Albion has denied any wrongdoing regarding the EFL's financial rules, despite growing fears of a points deduction that could significantly impact their relegation battle in the Championship. The Daily Telegraph reported that the EFL's Club Financial Reporting Unit (CFRU) had filed a compliance report against West Brom, alleging a breach of the loss limits for the 2024-25 season under the profitability and sustainability rules (PSR). If a points penalty were imposed, it would affect West Brom in the current campaign, with the club currently sitting 20th in the Championship, just two points above the relegation zone. West Brom responded by stating, “The club considers that it has fully complied with the rules.” They emphasized their commitment to cooperating with the EFL and resolving the matter, while also thanking fans for their support. Under PSR rules, Championship clubs are required to keep losses under £39m over a three-year assessment period. Certain expenditures, such as investments in infrastructure, youth, and women’s football, are ‘added back’ in the PSR calculation. West Brom, having competed in the Championship last season, was required to submit their annual accounts for 2024-25 by December 31. The EFL has declined to comment on the matter, and decisions on sanctions by the Club Financial Reporting Panel (CFRP) are typically published after discussions between the club and the EFL remain confidential.
#West Bromwich Albion #English Football League #Financial Fair Play
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Environment Apr 12, 2026

Black and Indigenous Ecovillages Drive a ‘Reverse‑Gentrification’ Push to Reclaim Land

Across the United States, Black and Indigenous groups are forming intentional ecovillages that blen…
Zappa Montag walks through a 76‑hectare (189‑acre) forest of redwoods, madrones and oaks that he co‑manages with five other Black residents at Black to the Land in Boonville, California. Powered by solar panels and supplied by a well, the off‑grid ecovillage embodies Montag’s goal to “reverse‑gentrify the country” by creating a self‑sufficient sanctuary for Black people. Intentional communities—small groups united by shared values—have long served Black and Indigenous peoples, ranging from urban co‑housing to rural ecovillages. In the post‑slavery era, tightly knit Black networks relied on mutual aid for business and farming, a tradition that is resurfacing in places like Alabama, Massachusetts and California as a way to revive ancestral agricultural knowledge. Montag and his daughter Bibi Sarai first imagined Black to the Land in 2015, frustrated by the rapid gentrification of Oakland. After a 2021 introduction to the declining Emerald Earth Sanctuary in Mendocino County, the nonprofit transferred stewardship of the property to their group through a verbal and written agreement. Montag describes the hand‑over as a form of reparations—instead of cash, they invest time learning land stewardship. Tragedy struck in February 2023 when Bibi Sarai died unexpectedly. Yet, reports that visitors felt uplifted after summer stays convinced Montag to stay permanently, turning grief into a catalyst for the community’s growth. Today, the community—members ranging from their late 20s to mid‑50s—funds land maintenance through grants, workshops and fundraising. They host classes on building, gardening and foraging, while some members work remotely to cover personal expenses. African plant‑medicine practitioners prepare herbal remedies, and a partnership with Ghanaian ecovillage leaders introduces natural‑building techniques. In addition to cultivating vegetables, the residents construct clay dwellings, practice yoga, and collectively manage chores such as fire‑wood gathering and trench‑building to prevent driveway flooding. Self‑reliance is the guiding principle, especially amid today’s economic uncertainty. The BIPOC Intentional Community Council, founded in 2020, supports Black and brown groups in establishing similar settlements by providing funding, nonprofit‑formation workshops and land‑trust guidance. Board member Crystal Byrd Farmer notes a growing “back‑to‑the‑land” movement as people seek rural roots. While mainstream media sometimes label intentional communities as radical, Farmer argues they echo millennial human practices of mutual support. Most U.S. intentional communities remain majority‑white due to historic capital access, leaving people of color to feel culturally alienated in those spaces. In Alabama, the Ekvn‑Yefolecv ecovillage—run by Indigenous Maskoke families—reclaimed 3,105 hectares (7,674 acres) of ancestral land. Governed matriarchally, residents speak their language daily, practice traditional foraging, reintroduce buffalo and sturgeon, and share land title, offering a model of ecological sustainability and cultural preservation. Massachusetts hosts the Solidarity Arts & Education Decolonial Initiatives (SAEDi) collective, a communal home for women of color that blends art, food sovereignty and reparations work. Rent is adjusted to ability, and members contribute childcare, meals and chores. Plans include a garden, orchard, and a “green residency” program that will archive elders’ agricultural stories online, aiming to boost security for immigrant families amid rising xenophobia. The modern roots of Black intentional living trace back to 1969’s New Communities in Georgia, a civil‑rights‑era farming settlement that pioneered the nation’s first community land trust. Although federal opposition led to its collapse, a 2009 $12 million settlement acknowledged USDA discrimination. Today, the organization runs workshops on land stewardship and mentors new generations of Black farmers. For Montag, the land also serves as a personal memorial. A clay bench honors his late daughter Bibi Sarai, allowing him to “connect with humanity” and keep her spirit alive. Future plans include grief‑focused rituals and a memorial garden, underscoring the belief that joy and healing are essential components of communal living. Increased security and safety Marginalized groups view intentional communities as safe havens for preserving cultural practices and passing knowledge to youth. Elders’ expertise is documented for future generations, reinforcing resilience against systemic oppression. Empowering collective action From the civil‑rights farms of Georgia to contemporary ecovillages in California and Alabama, these settlements illustrate how shared land ownership, communal labor and cultural affirmation can counter gentrification, foster economic independence, and nurture intergenerational healing.
#Black Ecovillage Network #Indigenous Land Trust #Regenerative Agriculture
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Technology Apr 09, 2026

Dutch ‘rain fences’ store thousands of litres to shield homes from intensifying storms

Housing providers in the Netherlands are piloting rain‑water storage fences that can hold up to 2,1…
In the Dutch town of Veldhoven, social‑housing operator Woonstichting ’thuis has installed the first of its “rain fences” – garden fences that double as rain‑water storage units.Homeowners Theo and Willy Bolder report that the fence’s linked plastic blocks can retain up to 2,160 litres of water, lowering the load on municipal drains during intense rainstorms and supplying the garden when summer droughts hit."The rain is getting heavier and heavier nowadays, and if you have a cloudburst the drainage isn’t good and it comes up through the toilet," Willy explained, highlighting the growing problem of surface runoff in a country where average temperatures have risen by 1 °C since 2000 and cities are about 5 °C warmer than surrounding rural areas (KNMI data).Recent climate events underscore the urgency: the 2021 Limburg floods saw more than 15 cm of rain fall in 48 hours, causing the River Geul to burst its banks, while the historic 1953 North Sea flood claimed at least 1,800 lives and spurred the iconic Delta Works.Deputy mayor Rik Thijs of nearby Eindhoven stresses that traditional sewage capacity cannot keep pace with these extremes. "We need to capture as much as possible on the surface," he said, pointing to complementary measures such as resurfacing the old Gender river, creating wadi pools, and installing green roofs.The rain‑fence concept was developed by Harry den Hartigh of SunnyRain Solutions, whose personal connection to the 1953 disaster in Zeeland inspired a design that merges functionality with aesthetics: a fence that stores water while enhancing the garden’s look.Academic Jannes Willems, an urban‑planning professor at the University of Amsterdam, notes that simple, scalable solutions like rain‑water harvesting can offset the Netherlands’ “water‑shortage” concerns during hot summers, especially as the national water system was originally built to discharge water as quickly as possible.For property managers, the benefits extend beyond environmental stewardship. Matthijs Hulsbosch, sustainability manager at Woonstichting ’thuis, says the fences help protect the complex’s 11,000 homes from water‑related damage, potentially saving significant repair costs and reducing tenant inconvenience.Neighbourhood manager David Hearn adds that the pilot also improves community relations, turning a simple fence into a shared asset that residents are eager to adopt.
#water #rain #rainwater
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World Economy Apr 09, 2026

UK Government’s Plan to Loosen Planning Rules for Industrial Chicken Farms Sparks Welfare and Sustainability Concerns

A proposed relaxation of UK planning regulations would enable more industrial chicken units, a move…
The UK government’s latest proposal to ease planning restrictions for large‑scale chicken operations has drawn sharp criticism for being short‑sighted and potentially jeopardising the nation’s food resilience.Advocates of the change argue that lower stocking densities constitute a modest welfare improvement, yet critics contend this is a minor concession that does little to address the systemic cruelty of intensive poultry systems. Moreover, the fast‑growing, low‑welfare breeds used in these units depend almost entirely on imported soy for feed, creating a strategic vulnerability to trade disruptions – a risk highlighted by the ongoing conflict in Iran.Beyond ethical concerns, the model is increasingly economically unsustainable. Frequent disease outbreaks, soaring energy prices and extreme weather events such as heatwaves and flooding are already eroding profitability and further degrading animal welfare. These pressures underscore the fragility of a sector that remains heavily reliant on a single, high‑intensity production model.Local communities have also voiced strong opposition, with recent planning objections succeeding and legal actions launched against producers and retailers for alleged environmental damage. This grassroots resistance signals a growing public demand for a more nature‑friendly agricultural framework.Stakeholders, including World Animal Protection’s UK country director Ruth Tanner, call for an immediate halt to the proposed deregulation. They propose capping the number of industrial units and investing in alternatives such as agroforestry and regenerative farming, which promise a more resilient, high‑welfare, and equitable future for British agriculture.
#farming #industrial #chicken
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Entertainment Apr 08, 2026

Cornish Film-Maker Mark Jenkin Brings New Film to Hometown

Acclaimed Cornish film-maker Mark Jenkin brings his new ghostly time travel film 'Rose of Nevada' t…
Cornish film-maker Mark Jenkin has brought his latest film, Rose of Nevada, to his hometown of Newlyn in Cornwall. The film, a ghostly time travel tale, has received excellent early reviews and features Jenkin's signature authentic storytelling.Jenkin, who is from Newlyn, expressed his pride in Cornwall, stating, “This is the greatest town in the world. I see Cornwall as being at the centre of the world.” He emphasized the importance of showcasing Cornwall's culture and community in his films.The film was shot entirely in Cornwall, using a clockwork Bolex camera and featuring a working fishing boat. Jenkin's vision for his homeland is central to the film, rather than using it as a backdrop.Jenkin's success has put a spotlight on Cornwall, with other filmmakers, such as Brett Harvey and Dan Simpkins, highlighting the growing recognition of regional film-making. Laura Giles of Screen Cornwall noted that Jenkin is a “talisman for Cornish film-making” and that there are other emerging filmmakers in the region.The film's producer, Denzil Monk, emphasized the importance of sustainability and inclusivity in the production, stating, “We try to step very lightly” in terms of impact on the environment and community.
#Mark Jenkin #Rose of Nevada #Newlyn
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Sports Apr 08, 2026

Leicester City's Six-Point Deduction Appeal Rejected, Relegation Fears Mount

Leicester City's appeal against a six-point deduction for breaching English Football League financi…
Leicester City's bid to overturn a six-point deduction has been unsuccessful, leaving the club's survival hopes in jeopardy. The Foxes were initially docked points by an independent commission in February for breaching English Football League financial rules, which dropped them from 17th to 20th in the Championship table.Despite their appeal, Leicester have now slipped to 22nd place, a point adrift of safety with just five fixtures remaining. This development has heightened concerns that the club, currently managed by Gary Rowett, could be relegated to League One, a decade after their Premier League triumph.In a statement, Leicester acknowledged the appeal board's decision, stating: “We acknowledge that an independent commission’s decision to recommend a six-point deduction on the club this season has been upheld by an independent appeal board.” The club emphasized their focus on the remaining matches and thanked supporters for their backing.The Premier League initially charged Leicester in May 2025 for profitability and sustainability breaches related to the 2023-24 season. The independent commission found Leicester guilty of breaching the EFL’s profit and sustainability rules, leading to the six-point deduction. The appeal board upheld this sanction, dismissing Leicester's challenges regarding the commission's power and the level of the penalty.
#Leicester City #English Football League #Premier League
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