ncnewsline.com – Anna Claire Vollers – 2025-08-04 04:30:00

SUMMARY: Nonprofit hospital systems nationwide are investing millions in naming rights for sports stadiums despite financial pressures like Medicaid cuts. States including California, Tennessee, and South Carolina have seen such deals, sparking debate. Critics argue funds should enhance patient care, not marketing, especially since nonprofits benefit from tax exemptions and must prioritize community care. Hospitals defend these partnerships as competitive marketing tools fostering local ties and improving name recognition. Some deals, like those by Erlanger Hospital in Tennessee and Valley Children’s Healthcare in California, faced public backlash and scrutiny over use of funds. Experts say stadium sponsorships can be valuable if integrated with genuine community benefits.

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www.youtube.com – ABC11 – 2025-08-03 22:48:14

SUMMARY: President Trump announced new tariffs on imports from nearly 70 countries, ranging from 10% to 40%, set to take effect Thursday. Experts warn these tariffs could cost the average American household thousands of dollars by year-end. North Carolina teacher Kristen Silverman already notices price increases amid back-to-school shopping. Democrats criticize Trump for firing Bureau of Labor Statistics Commissioner Erica McIntyre after a disappointing jobs report, with Trump accusing the bureau of rigging data without evidence. Former Treasury Secretary Larry Summers called the claim baseless and warned of authoritarian risks. Trump’s economic adviser defended the firing, citing the need for transparency in revisions.

U.S. stocks tumbled on Friday in the immediate aftermath of sweeping new tariffs issued by President Donald Trump.

https://abc11.com/post/donald-trump-tariffs-news-what-do-new-mean-us-economy-experts-weigh/17403688/
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www.youtube.com – ABC11 – 2025-08-03 12:04:15

SUMMARY: The Khan family’s lives changed when their twin daughters, Amelia and Mackenzie, were diagnosed with juvenile Batten disease, a rare genetic disorder causing vision loss, seizures, and loss of mobility. Devastated but determined, they founded the nonprofit Four Batten Foundation in 2017 to support research and the Batten community. Through an annual online golf auction, they raised over $8 million. After moving to Chapel Hill in 2022, they partnered with UNC researchers, leading to an FDA-approved clinical trial for a tailored drug. Although not a cure, the treatment improved mobility and happiness, enhancing the twins’ quality of life and offering hope for future therapies.

“I didn’t understand how I would ever smile or laugh again,” Karen Kahn said.

More: https://abc11.com/post/juvenile-batten-disease-chapel-hill-family-start-nonprofit-after-twins-diagnosed-rare-disease/17404793/
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