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The team, according to sources, has not even discussed the possibility of injured reserve, which would sideline Hurts for a minimum of four weeks.

Hurts and the Eagles are still gathering more information and seeking additional medical opinions, with the quarterback's health the foremost consideration. They believe the blood clot is treatable, with Hurts trying to determine the best course, sources said. The ultimate decision about when Hurts returns to play will come from his medical team, and the Eagles are ready to follow his lead. There is still a chance Hurts eventually ends up on injured reserve, if that is the direction the medical information leads them.

In most cases, blood clots are treated with anticoagulants, otherwise known as blood thinners. A player cannot play while on blood thinners.

In general, the minimum time frame for a moderate dose of anticoagulants is six weeks, sources said. There is a possibility, if the clot is minor enough, that doctors begin with anti-inflammatories only while continuing to monitor. If the clot were to move, as the team said happened in Hurts' case, blood thinners are often the answer. If the clot were to worsen, blood thinners for roughly three months would be the next course of action.

While some around the team might consider Hurts week-to-week, other doctors around the NFL (who have not examined Hurts) believe the blood clot could sideline him several weeks. One team's doctor texted ESPN: "It is a broad range and nuance based on size and location and hematology evaluation, but could be six weeks." Another team's doctor had a similar estimation.

The Eagles released a lengthy statement Thursday detailing the process that led to the discovery of the blood clot and Hurts being ruled out for Sunday's game against the Carolina Panthers.

While Hurts has been receiving treatment, the Eagles have been working to fortify their roster. Backup quarterback Tanner McKee will start against the Panthers, and rookie QB Cole Payton was promoted to backup. Philadelphia also signed quarterback Joe Milton off Dallas' practice squad. By NFL rules, Milton must be on the Eagles' roster for three weeks.

This is just the latest sequence in what has been a chaotic stretch for the organization that has included hamstring injuries to running back Saquon Barkley and wide receiver DeVonta Smith, the retirement of future Hall of Fame offensive tackle Lane Johnson, and the trade of Pro Bowl center Cam Jurgens.

The Eagles believe Barkley returning next week is realistic, but he has been ruled out for Sunday's game. %!s()

In July 2025, 247 pupils and staff at the nursery were found to have abnormally high blood lead levels after children began falling ill.

A report into the incident found that chefs at Heshi Peixin had used inedible paint to "enhance the look" of its meals to attract more students - despite the paint being being clearly marked as such.

In addition to the sentence, the Lanzhou Intermediate People's Court also ordered the confiscation of 500,000 yuan (£56,200; $74,700) of Li's personal assets, state broadcaster CCTV reported.

Nursery executive principal Zhi Jinglin was sentenced to 15 years in prison and fined 300,00 yuan.

Four other members of staff who worked in the nursery's kitchen received sentences of between six to eight years, according to state media.

The court found the four had been instructed by Li and Zhi to add toxic and harmful ingredients to food served to children and staff.

Food samples were later found to contain lead 2,000 times in excess of China's national safety limit.

The investigation into the poisoning began after 235 children from Heshi Peixin nursery had to be treated for lead poisoning after eating steamed red date cakes and sausage corn buns.

Investigators found that the red date cake and the corn sausage rolls had lead levels of 1052mg/kg and 1340mg/kg respectively, both of which far exceed the national food safety standard limit of 0.5mg/kg.

Lead poisoning is "particularly harmful to young children" and can "severely damage the brain and central nervous system", according to the World Health Organization.

Officials later found that dozens of provincial officials and hospital staff attempted to cover up the incident by tampering with blood tests and accepting bribes from a nursery investor.

China has since published a set of national guidelines for the provision of meals on campuses. Among the measures is the requirement for every new batch of food to be tested, and for flour, rice and cooking oil to be purchased from centralised procurement points only. %!s()

Less than four months later, the Milan-based firm has emerged as a surprising home for former high-flying software startups that have been thrust aside by the artificial intelligence boom. Its M&A plan got a major boost this week from the most famous holding company on the planet: Berkshire Hathaway.

Berkshire, which Bending Spoons describes as a "longstanding inspiration" for its strategy, has now invested over $900 million in the company, including a $330 million stake disclosed on Wednesday. Wall Street loved the deal, sending Bending Spoons' stock up 41%, though some of those gains were lost later in the week, leaving the company with a market cap of about $30 billion.

"Berkshire's decision to add to its position just a few months after the IPO and at these levels provides another vote of confidence in the Bending Spoons model from one of the world's most respected long-term investors," wrote analysts at Mizuho, in a report after the announcement.

The other big news out of Bending Spoons this week underscores the flipside of the business: job cuts. In August, Bending Spoons announced it was buying workflow software provider Airtable for about $1.3 billion, or almost 90% below the company's peak valuation from late 2021. Bending Spoons said Monday that a "large portion of the pre-acquisition team" from Airtable would be leaving with "substantial separation packages." Layoffs were previously implemented at Evernote, Vimeo, WeTransfer and others in the portfolio.

Shares of Intuit, HubSpot and Adobe are all down at least 30% this year, and a long list of private SaaS companies that were once venture darlings are now struggling to find capital, with the public market showing no appetite for IPOs. Last month, Bending Spoons agreed to buy collaboration software vendor Miro, once valued at $17.5 billion, for $1.36 billion.

"You're either like a hot thing or you're nothing," said Ethan Kurzweil, founder and managing partner at Chemistry VC and a veteran software investor. Kurzweil said he uses Airtable, and said there are plenty of good SaaS products on the market led by solid teams, "but they're not on the frontier anymore."

An app turned acquirer

Bending Spoons was launched in 2013 by friends Luca Ferrari, the CEO, Matteo Danieli and Francesco Patarnello. A mobile app they'd created called Evertale failed to take off, and they used the $40,000 they had left to build an operating company instead of "products nobody wanted," according to the IPO prospectus.

Bending Spoons has announced all of its biggest deals in the last few years, beginning with Evernote in 2022, followed by Brightcove in 2024, and Vimeo, AOL and Eventbrite in 2025.

The company held its IPO on June 30, raising about $1.7 billion at $29 a share, and hit the Nasdaq the next day. The stock closed Friday at $47.07.

Stock chart of Bending Spoons since its July 1st initial public offering date.

Prior to Bending Spoons' recent jump into enterprise software, some of the leading acquirers in the space over the past decade were private equity behemoths Thoma Bravo and Vista Equity Partners. Those firms were aiming to buy what they viewed as undervalued SaaS companies and, through a combination of cost cuts, efficiency improvements and rollups, turn them into assets that could be sold or taken public at a higher price.

Bending Spoons is using a different playbook. The company isn't looking for eventual exits but rather wants to generate profits from the businesses it buys, similar to the Warren Buffett model. But unlike Berkshire, Bending Spoons' focus is technology, and it's taking a hands-on approach with its own software, operations and personnel decisions.

Nick Mehta, former CEO of cloud software vendor Gainsight, said private equity firms are limited now because "they got their nose bloodied."

"They paid much higher prices and have so many troubled companies that it's difficult for them to take swings now," said Mehta, who sold Gainsight to Vista in 2020.

Thoma Bravo and Vista didn't respond to requests for interviews. Bending Spoons told CNBC in a statement that it hadn't been outbid for a target in "several years."

As the company started jumping into SaaS, Mehta said "Bending Spooned" became a verb in Silicon Valley, referring to companies getting scooped up for pennies on the dollar.

"Unfortunately, a lot of my friends in that game are stuck," Mehta said. "Investors want out but there are no buyers. Anything pre-ChatGPT is legacy now."

Lloyd Walmsley, an analyst at Mizuho, said Bending Spoons' model is distinct from the older buyout approach.

"I think there aren't a lot of people that do what these guys do in terms of the depth of operations and the willingness to make substantial product changes," Walmsley said in an interview. "It's not typical of traditional private equity firms to make anywhere near this level of change."

Matteo Danieli, co-founder of Bending Spoons, center, during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Wednesday, July 1, 2026.

Michael Nagle | Bloomberg | Getty Images

For customers of the companies that Bending Spoons buys, sudden price hikes can follow.

In April 2023, months after the Evernote acquisition, Bending Spoons lifted the annual personal subscription price to $130 from $70. Later, the company changed its offerings, charging $100 for its so-called starter plan and $250 for "Evernote Advanced," compared to the $170 it had been charging for the pro plan.

"My first reaction was like, Oh man, I guess I have to switch to OneNote," said Walmsley, referring to Microsoft's notetaking app. But he said he stuck with Evernote.

"They're really savvy at finding these things that they provide a lot of value, and the switching costs are really high," Walmsley said. "The price isn't that high relative to the switching cost."

Bending Spoons uses the profits from its portfolio companies for future growth, the "overwhelming majority" of which comes from doing more deals, Ferrari told CNBC in an interview on Thursday.

"There are certain opportunities for improvement we can unlock over the first few years, and then the business will have whatever organic growth is intrinsic in that market," Ferrari said.

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For Berkshire and its fellow Bending Spoons investors, the bet is still unproven.

The products have to remain desirable enough that customers are willing to pay up at a time when AI is squeezing margins across much of the software sector. In its first earnings report as a public company in August, Bending Spoons said revenue more than doubled from a year earlier to over $700 million, with growth almost entirely driven by acquisitions, while net income climbed 171% to $177 million.

That was before the Airtable deal had closed and Miro had yet to be announced. In the coming quarters and years, Wall Street will get a clear picture of whether the firm's structure can revive software.

On the earnings call in August, an analyst asked whether Airtable represents a long-term shift in the M&A strategy towards enterprise.

Ferrari said that about half of Bending Spoons' revenue already comes from professional businesses, largely through Brightcove and Vimeo, which has an enterprise component. The focus on software of late, he said, has more to do with where he's finding value after a hefty selloff.

"Most enterprise SaaS businesses were valued at irrationally high levels until somewhat recently," Ferrari said. "We never saw those prices making any sense."

— CNBC's Ari Levy contributed to this report.

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Speaking as the IMF’s annual meetings in Bangkok wrapped up on Saturday, Managing Director Kristalina Georgieva said discussions with global policymakers showed both “optimism and worry”.

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“Optimism from the resilience of the global economy, the promise of AI, the dynamism of Asia,” Georgieva told reporters. “But AI is also recognised to be a source of worry and so are inflation, high levels of debt, wars, climate risks.”

Georgieva said vulnerable nations are missing out on the AI investment boom that is driving growth in richer countries while at the same time dealing with higher borrowing costs.

Higher global interest rates mean low-income countries now spend 8 to 14 percent of their revenue on debt repayments, up from previous years, she said.

“I can tell you that people everywhere, but especially in poorer countries, don’t like inflation. Inflation is like a tax on the poor,” Georgieva said.

The warnings came as low-income, oil-importing countries take the strongest hit from rising global energy costs. Prices have soared since February when the United States and Israel launched a war on Iran, leading to retaliatory strikes in the Middle East and disrupted oil and gas flows.

“Escalating conflicts ‌and trade tensions could further disrupt critical trade routes, exacerbate commodity price pressures, including in refined energy products, and worsen energy and food security,” said a statement issued by Saudi Finance Minister Mohammed Al-Jadaan, the chairman of the International Monetary and Financial Committee (IMFC).

The IMFC is the main steering committee for the 191-member crisis lender.

Debt relief and regional support

Georgieva said her organisation has a responsibility to help countries restructure debt if needed to assist with domestic resource mobilisation, bring in international finance and create conditions for private investment.

Such countries need to set spending targets that prioritise growth and protect the most vulnerable people, she said, adding that the IMF has a “relentless pursuit of more resources for low-income countries”.

“When we do our best, it translates into better lives for people,” she said.

Georgieva also said the IMF plans to back Iraq “very firmly” with a requested loan programme while talks with Lebanese authorities are making progress.

“We will get to Iraq both money and policy support,” she said. “In the case of Lebanon, we are in very intense discussions with Lebanese authorities. We have made significant progress towards the programme. We have still a bit more work to do together, and I’m confident we will be successful.” %!s()

“Thank you to the Lumières for inventing the movie camera, or we’d have been fucked,” joked Ethan, drawing laughs from the audience.

The musical choice itself was a nod to the Coens’ cult comedy “The Big Lebowski,” featuring John Turturro’s flamboyant bowler Jesus Quintana.

The star-studded gathering included Javier Bardem, Frances McDormand, former Lumière prize winner Wim Wenders, Robert Eggers, Michel Hazanavicius and Bérénice Bejo, Benoît Magimel, Antoine de Caunes and Caleb Deschanel, in town for a masterclass and the premiere of Laika’s upcoming stop-motion animated feature “Wildwood.”

Accepting the award, Joel reflected on four decades of filmmaking with his brother. “We did it because we love cinema and we love storytelling,” he said. “We’ve had, pretty much with certain exceptions, nothing but fun making these films over the decades.”

Bardem, who won an Oscar for his chilling portrayal of Anton Chigurh in “No Country for Old Men,” delivered one of the evening’s most colorful tributes, recalling how he initially tried to turn down the role despite being a longtime admirer of the Coens.

“I sat down with them in New York in their office and I was like, ‘Listen, I admire you, I worship you, you are amazing, but I hate violence, I don’t drive, and I can barely speak English. What the hell am I doing here?’” Bardem recalled.

“They gave me no reason whatsoever to do the movie. They were just laughing,” he said. “I thought, ‘I don’t know what this experience is going to be like, but I know it’s not going to be stressful. So yes, let’s fucking do it.’”

Bardem also joked about his character’s infamous haircut, which the Coens had spotted in a photograph from the 1960s. “I was single at the time – this is 2006 – and I said, ‘I’m gonna be single until the day I wrap.’”

Ethan had another story about Bardem’s commitment to the role. The actor had decided his character needed to be pale, he recalled, so during the largely outdoor shoot, a young production assistant would accompany him to the set holding a light blue parasol over his head. “And he wonders why we laughed at him,” Ethan joked.

The actor’s tribute took a more heartfelt turn as he reflected on what working with the brothers had meant to him. “What they gave me was one masterpiece and the gift of a lifetime, personally and professionally,” Bardem said. “They made a dream come true. Ten years after me saying that would never happen, it happened. And it was even better than I would have ever imagined.”

The evening also featured musical tributes, with French singer-songwriter Bénabar performing Charles Aznavour’s “Parce que tu crois,” chosen by Joel Coen as his favorite song. Five-time Grammy winner Angélique Kidjo delivered a rendition of Jacques Brel’s “Ne me quitte pas,” one of Bardem’s favorites.

Festival director Thierry Frémaux drew laughs by projecting photographs of the Lumière and Coen brothers striking remarkably similar poses, before reminding the filmmakers that, in keeping with festival tradition, they would have to shoot their own version of the Lumières’ first film, “Workers Leaving the Lumière Factory,” on Saturday. After screening one of the original versions, he gave them until the next day to come up with their own take.

The tribute also struck a timely note with the screening of Ettore Scola’s 1997 short “1943-1997,” which follows a young Jewish boy fleeing a Nazi roundup in wartime Rome who finds refuge in a movie theater. As five decades of Italian cinema unfold on screen, the boy grows old. The film ends in 1997 with a young African boy fleeing persecution into the same theater, drawing a parallel between past and present.

Bardem picked up on the film’s message, stressing its relevance today. “Never again is never again for everybody, from Congo to Sudan to Palestine,” he said.

Joel also paid tribute to Lyon’s community of film lovers and the festival’s commitment to the shared experience of cinema, praising audiences who still relish “gathering in a dark room with lots of other people and seeing it on a big screen.”

Since making their feature debut with the neo-noir thriller “Blood Simple” in 1984, Joel and Ethan Coen have built one of American cinema’s most distinctive filmographies, spanning the crime comedy “Raising Arizona,” cult favorite “The Big Lebowski,” Depression-era musical odyssey “O Brother, Where Art Thou?” and Western anthology “The Ballad of Buster Scruggs.”

Their 2007 thriller “No Country for Old Men” won four Oscars, including best picture, best director, best adapted screenplay and best supporting actor for Bardem, while “Fargo” earned the brothers their first Oscar for original screenplay in 1997.

At Cannes, their remarkable run began in 1991 when “Barton Fink” swept the Palme d’Or, best director and best actor prize for John Turturro. They went on to win best director for “Fargo” in 1996 and “The Man Who Wasn’t There” in 2001, while “Inside Llewyn Davis” took the Grand Prix in 2013. In 2015, they returned to the Croisette as presidents of the festival’s jury.

Friday’s honor makes Joel and Ethan the second filmmaking duo to receive the Lumière Award, following Belgian brothers Jean-Pierre and Luc Dardenne in 2020. Previous recipients include Clint Eastwood, Quentin Tarantino, Pedro Almodóvar, Martin Scorsese, Catherine Deneuve, Wong Kar-wai, Jane Fonda, Francis Ford Coppola, Jane Campion, Tim Burton, Wim Wenders, Isabelle Huppert and Michael Mann.

The Lumière Film Festival wraps Sunday, Oct. 18. %!s()