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Will Anthropic and OpenAI Stop Selling Their Best AI to Businesses?
Anthropic and OpenAI’s move to develop AI applications and features tailored to specific industries continues to worry their customers, some of which must now compete head-on with their main AI suppliers. Design app Canva is the latest to find itself in this predicament, as we reported earlier ...
Mortal Shell II Review
Mortal Shell II is a fun-forward souls-like, one that values flexibility and variety over sheer difficulty. It grabs you and plies you with a plethora of options for tackling its monsters, dungeons, and bosses, handing you shiny toys and trusts you to work out what to do with them.
Chicago’s largest private equity and venture capital firms
The 20 biggest private equity firms on Crain's list reported making only 601 deals in 2025, down from 1,978 in 2024.
Boston's raw crime politics
Keller on the lesser-watched test of Mayor Wu's political clout
'Instinctive' Lions Rookie Threatening Veterans For Starting Gig This Summer
The Detroit Lions are expecting several members of their rookie class to make immediate contributions in 2026, including fifth-round corner Keith Abney II. Entering camp, Abney was projected to be a key depth piece in defensive coordinator Kelvin Sheppard's defense and play a role on special teams. The 21-year-old allowed a 44.4% completion rate on 72 targets and a 46.1 passer rating when targeted for Arizona State in 2025.
Atlanta teen with autism uses basketball tournament to raise money for youth mental health
According to America’s Health Rankings, Georgia ranks 47th in the country for the percentage of children who receive needed mental health treatment or counseling.
The Scientists Who Want to Steer Hurricanes
Over the weekend, Hawaii was lashed by Hurricane Lala, which has washed away homes, left more than 125,000 people without power, shut down two of the state’s busiest airports, threatened dangerous flash flooding and, at time of writing, has killed one person. What if we could’ve steered the storm away from Hawaii, into the vast expanse of the empty Pacific Ocean that lies all around the islands—where no one could get hurt? This scenario might sound like the stuff of science fiction. But earlier this year, a peer-reviewed study published by the Public Library of Science found that it might be possible, and sooner than we think. The study was titled: “Weather Jiu-Jitsu: Prospects for atmospheric nudging to defuse the impact of catastrophic weather extremes.” According to the paper, the controversial practice of cloud seeding could enable human beings to make hurricanes change direction. The potential results could be astounding: The authors suggested that Hurricane Sandy, which in New York City alone killed 44 people and caused $19 billion of damage in 2012, could’ve been diverted by 200 miles, missing the metropolis entirely. Cloud seeding, which first succeeded in the U.S. in 1946, is a practice whereby small particles—for example, dry ice, silver iodide, or salt—are dropped into clouds, causing moisture to condense into precipitation. In the 1960s, the U.S. government launched Project Stormfury, an experiment that saw Navy pilots flying into the heart of a hurricane, dodging winds over a hundred miles per hour, to cloud-seed inside it, in the hope of reducing the storm’s power. “The seeding,” the theory went, “would stimulate the formation of a new eyewall that would surround the existing eyewall. The new eyewall would contract, strangling the old eyewall and reducing the intensity of the hurricane.”
Pixel 11 series, Honor Robot Phone, Redmi 17 official, Week 33 in review
Sony says that Xperia 1 VIII sales are strong, praises microSD slot and 3.5mm jack as integral features. Tech news started picking up a bit, especially in...
Construction for new entertainment facility will close stretch of Baldwin County street beginning Monday
Construction activity related to the new amphitheater is expected to begin
'They were Indian, so we didn’t count them': US cleaning business owner faces scrutiny over racial profiling
I teach my team to profile every client:"They were Indian so we didn't count them as a lead" "She is a typical Karen so we gave her a partial refund" "They were ghetto so we requested photos of their house" You need to know who's on the other side of the phone.
Ex-Browns QB Blasts Team Over Handling of Shedeur Sanders
Robert Griffin III criticized how the Cleveland Browns have managed their quarterback battle between Shedeur Sanders and Deshaun Watson. The post Ex-Browns QB Blasts Team Over Handling of Shedeur Sanders appeared first on HEAVY.
11 Cool New Gadgets to Keep on Your Radar
Catching you up on the past week’s most notable product releases.
Hawaiʻi Department of Health authorizes reopening of Baan Thai Family Cuisine in Kailua-Kona
The restaurant food completed a list of nine corrective actions to pass a follow-up inspection.
His family fled socialism. He’s trying to spread it.
A young Cuban American is selling democratic socialism door-to-door across Miami. But he cannot bring himself to discuss it across his family’s kitchen table.
Country singer returns to stage after nearly dying in crash: ‘Saturated with anxiety’
The singer broke his neck in a wreck in February.
In 1948, scientists left a giant fossil on an Arctic island because they could not carry it; 78 years later it became a record-size new predator
Nearly 80 years ago, a British expedition discovered the battered remains of a giant fossil on the peak of an Arctic island. Unable to take it with them, they snapped some pictures, took some bones and left the fossil to be ravaged by the icy winds and rain.
The trouble with getting used to miracles
Success has a strange effect on wonder. It turns miracles into infrastructure!
People in Business: FOCUS names; Nitrous Effect appoints; EDC names; West Community promotes
Catch up on local business appointments, hires and promotiions.
ENTERTAINMENT: ‘Ghost Army’ film documents World War II trickery
The MacArthur Museum screens “The Ghost Army,” a documentary about American soldiers, “many of whom would later have illustrious careers in art, design and fashion,” who tricked the Germans with rubber tanks, sound effects and carefully crafted illusions during World War II, 6:30 p.m. Tuesday.
12K views · 78 reactions | I told my lawyer dad that I was getting a...
I told my lawyer dad that I was getting a science PhD, and he called me a “huge failure” who will never make real money. How do I make my parents proud? Carolyn Hax, Advice Columnist weighs in.
Top Stories: iOS 27 Beta 5, iPhone 18 Pro Rumors, and More
Apple is likely winding down work on the initial release of iOS 27 as it prepares to install the operating system on new iPhone models coming next month, but some changes are still being made as we saw with the fifth round of betas this week.
The buck stops somewhere else: A look at Trump's tendency to avoid blame when things go awry
President Harry Truman famously kept a “The Buck Stops Here” sign on his White House desk.
The buck stops somewhere else: A look at Trump's tendency to avoid blame when things go awry
President Harry Truman famously kept a “The Buck Stops Here” sign on his White House desk.
A disputed phone call sheds light on political maneuvering over Minneapolis public safety
Toddrick Barnette claims Council member Jamal Osman asked him for a political favor to earn his support. Osman calls it “a frickin’ lie.”
DOH confirms 5th cyclosporiasis case in Hawaii
The Hawaii Department of Health is investigating a fifth case of cyclosporiasis in a military member who traveled internationally and to a U.S. state that reported increased cases.
New ‘Avengers: Doomsday’ trailer: Robert Downey Jr.’s Doom squares off with Mr. Fantastic
New ‘Avengers: Doomsday’ debuted at the D23 Expo. Here’s what we learned.
Health Department detects another cyclosporiasis case in Hawaii
The Hawaii Department of Health today confirmed another case of cyclosporiasis in a U.S. military member based in the state.
Comedian Stavros Halkias talks Magoobys, Baltimore and politics with The New York Times
Ahead of his new Netflix special, Stavros Halkias spoke to The New York Times about growing up in Baltimore, politics in comedy, and more.
Gallery: Baptist Health Walker opens pediatric ER space, reopens NICU services
Baptist Health Walker Hospital has opened a new dedicated pediatric emergency room treatment space and reopened its Level II NICU services.Hospital leaders cut
Arrest announced in vandalism of World War II Memorial
The vandalism comes weeks after President Donald Trump said the nearby Lincoln Memorial Reflecting Pool was deliberately damaged
World War II Memorial in Washington vandalized with bubbles and graffiti, upsetting Trump
The memorial was vandalized Thursday, with bubbles filling a fountain and “Clean hands dirty $” written in red paint.
World War II Memorial in Washington vandalized with bubbles and graffiti
The vandalism comes weeks after President Donald Trump said the nearby Lincoln Memorial Reflecting Pool was deliberately damaged
Science Says ‘Grandma Hobbies’ May Have Real Health Benefits
Knitting, gardening, and other hands on, old-fashioned activities can be more than just relaxing—here’s what they can do for your brain, mood, and more.
Henry Ford Providence Southfield Hospital loses Level II trauma status
Henry Ford Health says ambulances can no longer bring trauma patients to its Providence Southfield Hospital because it lost its trauma center status.
Georgia GOP push politics of the past, including Communism and Shariah
Republican candidates are campaigning on the types of culture war issues that have animated the GOP base for years. Some fear that could alienate voters in the middle.
IV therapy and wellness service business celebrates grand opening
“We want to provide the best care possible," said its chief operating officer.
Jared Kushner to visit Israel and Egypt next week with Board of Peace officials to talk Gaza
President Donald Trump’s son-in-law and negotiator Jared Kushner will travel to the Middle East next week to try to advance plans for an end to the conflict in Gaza after a deal recently announced by the Trump administration ran into Israeli opposition
Rangers Sports Network Broadcasts Delivered to BZZR Now Available on Roku Devices
Arlington, Texas — The Texas Rangers, along with Rangers Sports Network presented by Progressive (RSN) and its direct-to-consumer distributor BZZR (pronounced ‘buzzer’), today announced that the BZZR television app is now available for download on Roku devices. Tonight’s telecast of the Rangers game against the Los Angeles Angels at Angel
Trump admin investigating graffiti and soap bubbles at World War II Memorial
The Interior Department is investigating vandalism at the World War II Memorial in Washington, DC, after neon graffiti was painted on the Atlantic Pavilion and the usually clear fountains overflowed with soapy bubbles.
New AI health effort takes aim at Hepatitis C
AI will be used to help expand treatment rates for Hepatitis C, HIV, and other conditions.
Schatz Talks Story With Small Business Owners, Students, Law Enforcement Officers And Staff Across Maui | U.S. Senator Brian Schatz of Hawaii
KAHULUI – U.S. Senator Brian Schatz (D-Hawai‘i) met with students, small business owners, and law...
WWII motorcycle and soldiers emerge from river muck in Hungary
Historically low water levels in the Danube are revealing over 80 years of history.
After years of landslide victories, Klobuchar faces a tougher political fight against Demuth
The governor’s race will be Sen. Amy Klobuchar’s toughest test in a statewide election, following a series of easy reelections to the U.S. Senate. Republicans see Lisa Demuth as their best shot at capturing anger over fraud scandals and fatigue with the Walz administration.
Popular blood pressure drug recalled
Novartis recalled a single lot of valsartan, a blood pressure/heart failure drug the company sells under the brand name Diovan. According to the FDA, this is a Class II recall.
Mercosur is at risk from US tariffs and politics
Some 35 years ago, at a time of economic and political turmoil in South America, a group of farsighted countries signed the Treaty of Asunción, establishing a common market to promote economic development and social justice through economic integration. Since then, the Southern Common Market, or Mercosur, has increased regional trade and delivered an integrated industrial core that has survived to the benefit of its members, comprising Argentina, Brazil, Paraguay, and Uruguay.
Forget left vs. center. Democratic voters are making clear they just want change
Results in Democratic primaries in Minnesota, Wisconsin and Connecticut have reiterated that Democratic voters are hungry for change, even as they remain divided over the party’s ideological future
Close Trump aides — but no Cabinet officials — made secret catering truck move
The president was accompanied by some of his most loyal aides but no top administration officials as he made the clandestine move to a different plane to leave Turkey last month.
Zoom Annotation Flaws Could Let a Meeting Participant Hijack Another Attendee's Client
Zoom Annotation Flaws Could Let a Meeting Participant Hijack Another Attendee's Client | Read more hacking news on The Hacker News cybersecurity news website and learn how to protect against cyberattacks and software vulnerabilities.
Human rights groups sue Trump administration over International Criminal Court sanctions
The president signed an executive order in 2025 placing sanctions on the ICC, whose jurisdiction the U.S. does not recognize.
Blending Fusion Science, AI to Predict DIII-D Tokamak Behavior
Data scientists from the U.S. Department of Energy’s Thomas Jefferson National Accelerator Facility and partner institutions have developed a deployable machine learning (ML) framework that can adaptively predict changes in a magnetic confinement fusion research machine’s hardware. The innovative method, recently published in the journal Machine Learning with Applications, promises to help make the operation of fusion devices more stable and accelerate humanity’s pursuit of a superabundant
Connecticut Democrats weigh generational change as US. Rep. John Larson, 78, faces primary fight
Connecticut Democrats face a choice between U.S. Rep. John Larson and younger challengers for the 1st Congressional District
Sonos gets ready to launch new Ace Ultra headphones
With expanded Wi-Fi capabilities, the headphones may support the Sonos Voice assistant.
The Elder Scrolls III: Morrowind Review Roundup
Critics found a lot to pull apart in this anticipated sequel to Daggerfall, but found Morrowind was more than the sum of its parts
Sporting KC Weekly Schedule: Aug. 10-16, 2026
Sporting Kansas City II News: The official source for all SKC II news, photos, videos, highlights, and more.
Underdog WR continues to get meaningful practice reps for Patriots
Patriots wide receiver Efton Chism III has quietly continued to get some work with the top offensive unit.
What the Senate did and didn’t get done in the final hours before recess
Before leaving Saturday, lawmakers confirmed President Trump’s attorney general pick and passed a spending bill.
Luther Burden III injured in Bears’ training camp
The Morning Commute for Monday, August 10, 2026.
Couple turns passion for helicopters into a national business that’s anchored in Detroit
Cassandra and Sergio Troiani turned a hobby flying helicopters into a national aviation experience company — and they just anchored it in Detroit.
Bears get deflating Luther Burden III injury timeline
Chicago Bears WR Luther Burden III who injured his groin during training just got a return timeline and it does not look ideal.
He left his job to help farmers keep rural Japan alive through tourism
After seeing how venture capital transformed US cities, Japanese entrepreneur Daisuke Fujii found a new way to help farmers boost their income: agritourism.
NBA Analyst's Joel Embiid Claim Completely Misses the Mark
Max Kellerman has shared some very strong opinions on the 76ers. It's tough to say there is no team willing to trade for an All-Star center.
Forgotten Cowboys QB is Quietly Winning Position Battle
The position battles at Dallas Cowboys training camp are only going to get more intense as the weeks go on.One that is sparking interest from the fan base is the QB2 battle behind Dak Prescott. Joe Milton III and Sam Howell have been in a very close race through two weeks.With not much separating Milton […] The post Forgotten Cowboys QB is Quietly Winning Position Battle appeared first on HEAVY.
In 1967, US satellites hunting secret nuclear tests detected a flash from deep space; the accidental signal became the first observed gamma-ray burst
For more than half a century, gamma-ray bursts have remained one of the most puzzling events observed in space. These bursts are sudden flashes of gamma rays, a very high-energy form of light.
Rep. Ed Case defeats progressive primary challenger in Hawaii's 1st District
State Sen. Jarrett Keohokalole had criticized Rep. Ed Case's votes to send military aid to Israel and for a previous version of the SAVE America Act.
Michael Carter II showing off his versatility and value in training camp
Michael Carter II is playing three different positions in this training camp and is making a strong impression on Vic Fangio.
The rise of socialism and the return of history
Why would Democrats stick to their post-World War II political ways if Republicans won't?
Iran Releases Rare Mojtaba Khamenei Video To Counter Explosive Reports On His Health
Moderate Democrat in Hawaii Defeats Progressive House Challenger
Representative Ed Case beat Jarrett Keohokalole, a younger progressive, in a race that centered on questions of generational change and the state’s skyrocketing cost of living.
In 2018, scientists found just 39 surviving clams in Florida’s Indian River Lagoon; they bred them and have since outplanted 65 million
After decades of environmental decline, Florida's Indian River Lagoon is beginning to show signs of recovery. With funding from NOAA Fisheries' Office of Habitat Conservation, the Indian River Lagoon Council is leading a system-wide effort to restore the habitats that once sustained the lagoon's fish and wildlife.
American Airlines Just Made It Harder for Elite Flyers to Get Free Business-Class Upgrades
Starting August 25, AAdvantage members flying economy are losing a valuable perk on popular Hawaii and coast-to-coast routes: a chance to score a complimentary lie-flat seat.
American Airlines ends free business upgrades on select Hawaii routes
American Airlines is ending free economy-to-business-class upgrades for its most loyal customers on select long-haul domestic routes where the carrier offers three classes of service.
Colton Hood Explains Approach to Giants' CB Battle
The New York Giants' No. 2 cornerback spot is there for Colton Hood to grab. The rookie cornerback spoke about his ongoing competition against Deonte Banks and veteran Greg Newsome II and addressed why he's not concerning himself with the depth chart just yet. Hood was the Giants' second-round pick (No. 37) and is perceived as the cornerback of the future.
Missouri should dump the use of junk science in its courtrooms
Missouri patients deserve confidence that the science presented in our courtrooms is credible, reliable and grounded in evidence. When unreliable expert testimony is allowed to influence juries, the consequences extend far beyond the courtroom. Manufactured claims can scare patients away from proven treatments and make medical innovators think twice about investing in research and development […]
Live Results: Hawaii midterm primaries
An ongoing corruption scandal involving Hawaii’s lieutenant governor looms over Saturday’s state primary as nine candidates jockey to replace her.
Is Beaver’s Mini Mart a small business or ‘Beavermart’ chain?: Here’s what we know
The legal battle between the behemoth Buc-ee’s gas station chain and Beavercreek carryout Beaver’s Mini Mart took a turn this week when Buc-ee’s founder and CEO Arch Aplin III reportedly
In 1934, scientists heard reports of mushrooms causing visions of tiny people; in 2026, DNA linked the phenomenon to one species in China and the Philippines
In 1934, Western scientists first heard reports from Papua New Guinea of wild mushrooms causing visions of tiny people, a phenomenon called "mushroom madness." Nearly a century later, DNA sequencing has confirmed that a single, identical mushroom species causes these same hallucinations in communities thousands of miles apart in China and the Philippines.
Atlanta sports radio news: John Kincade set to join 680/93.7 The Fan
John Kincade takes over for Chuck Oliver with Matt Chernoff on Atlanta sports radio show 680/93.7 The Fan.
Forsyth County Health and Human Services Campus Closed due to Outages
Forsyth County Health and Human Services Campus Closed due to Outages
Player availability report, presented by Orlando Health Jewett Orthopedic Institute: Orlando Pride vs Racing Louisville
Here is this week's player availability report, presented by Orlando Health Jewett Orthopedic Institute, for Friday's home match vs Racing Louisville
Business Restructuring Review Vol. 25 No. 4 July-August 2026
In This Issue New York Bankruptcy Court: Premature Allegations of Creditor Mistreatment Insufficient to Deny Chapter 15 Recognition of Foreign Restructuring Proceeding In In re ARD Finance, S.A., No. 25-12794 (MG), 2026 WL 817458 (Bankr. S.D.N.Y. Mar. 25, 2026), the U.S. Bankruptcy Court for the Southern District of New York was presented with a petition seeking chapter 15 recognition of Luxembourg's recently enacted bankruptcy law governing judicial reorganization proceedings. The court granted the petition, turning aside challenges to recognition voiced by a creditor group arguing that recognition should be denied based upon allegations of unfairness to creditors in the Luxembourg proceeding that would make recognition manifestly contrary to U.S. public policy. According to the bankruptcy court, recognition was warranted because: (i) the rules and procedures governing the proceeding under Luxembourg law were fundamentally fair; (ii) the petition otherwise satisfied chapter 15's recognition requirements; and (iii) the creditor group's allegations were premature, given the fact that the Luxembourg court presiding over the debtor's restructuring proceeding had not confirmed a restructuring plan, and all creditors had the right to participate fully and voice their objections in the proceeding (including the right to appeal an order approving a plan). [read more …] Florida Bankruptcy Court Examines Scope of Discovery in Chapter 15 Cases In In re Banco Master, S.A., No. 25-24568-SMG, 2026 WL 931729 (Bankr. S.D. Fla. Apr. 6, 2026), the U.S. Bankruptcy Court for the Southern District of Florida granted in part and denied in part post-recognition motions filed by an insider of a foreign debtor seeking to bar or limit discovery sought by the debtor's foreign representative concerning allegedly voidable transfers involving the debtors' U.S. real property. According to the court: (i) although chapter 15 includes its own discovery provisions among the relief that may be granted to a foreign representative, the expansive discovery available in cases under other chapters of the Bankruptcy Code is also available in chapter 15 cases; (ii) the discovery sought by the foreign representative was permissible; (iii) discovery regarding matters that were the subject of a pending adversary proceeding had to be undertaken under the more restrictive rules applicable to such proceedings; and (iv) a discovery request would be barred to the extent that it sought production of documents or testimony from a subpoenaed entity that exceeded the geographic limitations specified in such rules. [read more …] Delaware District Court Affirms Chapter 15 Recognition Order Enforcing Nonconsensual Third-Party Releases In U.S. Int'l Dev. Fin. Corp. v. Credito Real S.A.B. de C.V. SOFOM, E.N.R. (In re Credito Real S.A.B. de C.V. SOFOM, E.N.R.), 677 B.R. 192 (D. Del. 2026), appeal filed, No. 26-2356 (3d Cir. June 5, 2026), the U.S. District Court for the District of Delaware affirmed a bankruptcy court order granting chapter 15 recognition to a Mexican "concurso mercantile" proceeding and enforcing nonconsensual third-party releases approved by the Mexican court. Agreeing with the bankruptcy court that the releases were not manifestly contrary to U.S. public policy, the district court concluded: "It is well settled that U.S. bankruptcy courts can give effect to foreign orders in recognized foreign proceedings pursuant to the authority granted in Chapter 15, even when those orders contain relief unavailable under U.S. law. [The appellant's] arguments misconstrue the Supreme Court's narrow holding in Purdue, applicable in Chapter 11 cases, as well as the statutory framework of Chapter 15 and its core policy objectives. Accordingly, I will affirm the Enforcement Order." The ruling has been appealed to the U.S. Court of Appeals for the Third Circuit. [read more …] Fifth Circuit: Bankruptcy Court, Not State Court, Had Jurisdiction to Allow or Disallow Administrative Expense Claim In Storey Minerals Ltd. v. EP Energy E&P Co., LP (Matter of EP Energy E&P Co., LP), 169 F.4th 609 (5th Cir. 2026), the U.S. Court of Appeals for the Fifth Circuit affirmed lower courts' rulings disallowing a creditor's administrative expense claim. It also rejected the creditor's argument that, because the claims were predicated on state law, a state court should adjudicate the merits of the state law causes of action before the bankruptcy court could allow or disallow the claim as an administrative expense. According to the Fifth Circuit, even though the causes of action were based on state law, the bankruptcy court had jurisdiction to determine whether the creditor's claims should be conferred with administrative expense priority in the debtors' chapter 11 case. [read more …] New York Bankruptcy Court: Dismissal of Involuntary Chapter 11 Case Filed Prior to Commencement of Foreign Restructuring Proceeding Unwarranted In In re Xinyuan Real Estate Co. Ltd., No. 25-10745 (PB), 2026 WL 592250 (Bankr. S.D.N.Y. Mar. 3. 2026), the U.S. Bankruptcy Court for the Southern District of New York considered the bona fides of an involuntary chapter 11 petition filed by certain holders of U.S. dollar-denominated notes against a holding company for a group of Chinese property development companies that filed a restructuring proceeding in the Cayman Islands after the noteholders filed the involuntary chapter 11 petition. The court denied the debtor's motion to dismiss the chapter 11 case. Given the timing of the filing of the Cayman Islands restructuring proceeding, the absence of any progress in the proceeding for seven months, the debtor's need to restructure notes governed by U.S. law, and the debtor's lack of any meaningful contacts to the Cayman Islands, dismissal of the chapter 11 case was unwarranted under the applicable provision of the Bankruptcy Code, international comity, or the doctrine of forum non conveniens. [read more …] Bankruptcy Court Evaluates Trustee's Authority to Sell Avoidance Actions and Right of Target Defendants to Object In In re Law Enf't Officers Sec. Union, No. 24-70277-JAD, 2026 WL 560452 (Bankr. W.D. Pa. Feb. 27, 2026), a chapter 7 trustee sought court approval to sell certain avoidance actions to a creditor of the debtor's estate. Potential targets of the subject avoidance actions objected, arguing that such claims were nontransferable powers of the trustee rather than saleable estate property and urging the court to approve their competing settlement with the trustee. The U.S. Bankruptcy Court for the Western District of Pennsylvania disagreed with the potential defendants, holding that they lacked standing to object to the proposed sale, that avoidance actions are indeed estate property, and that the sale—rather than the settlement—best served the estate's interests. [read more …] U.S. Supreme Court Bankruptcy Roundup in Brief In Keathley v. Buddy Ayers Construction Inc., No. 25-6, 2026 WL 1686028 (U.S. June 11, 2026), the U.S. Supreme Court overturned a Fifth Circuit decision judicially estopping a chapter 13 debtor from asserting a personal injury claim against a construction company because the debtor failed to disclose the claim during his bankruptcy case. In so ruling, the Court held that "[t]he Fifth Circuit erred by artificially narrowing its inquiry to whether the debtor had knowledge of the underlying facts or a potential motive to conceal the claim." It represents the first time that the Court has applied judicial estoppel in the bankruptcy context, although it has suggested in other contexts that it may be inappropriate where an inconsistent legal position resulted from "inadvertence or mistake." Also in June, the Court denied petitions for certiorari in a few notable bankruptcy cases. [read more …] Newsworthy Heather Lennox (Cleveland/New York) (Star Individual), Bruce Bennett (Los Angeles) (Senior Statesperson), Kevyn D. Orr (Washington) (Eminent Practitioner), Gregory M. Gordon (Dallas) (Band 1), Carl E. Black (Cleveland), Corinne Ball (New York) (Senior Statesperson), Brad B. Erens (Chicago), Jeffrey B. Ellman (Atlanta), T. Daniel Reynolds (Cleveland), and Dan T. Moss (Washington/New York) were recognized as leading lawyers in the practice area Bankruptcy/Restructuring in the 2026 edition of Chambers USA: The World's Leading Lawyers for Business. The 2026 edition of Lawdragon 500 Leading Bankruptcy and Restructuring Lawyers ranked the following lawyers: Corinne Ball (New York) (Hall of Fame), Bruce Bennett (Los Angeles), Carl E. Black (Cleveland), Jeffrey B. Ellman (Atlanta), Brad B. Erens (Chicago), Gregory M. Gordon (Dallas), Heather Lennox (Cleveland/New York), Joshua M. Mester (Los Angeles), and Kevyn D. Orr (Washington). Fabienne Beuzit (Paris) and Jasper Berkenbosch (Amsterdam) were among the "Leading Individuals" ranked in the 2026 edition of The Legal 500 EMEA guide in the field of Restructuring and Insolvency or Insolvency. Rodolphe Carrière (Paris) was named a "Next Generation Partner" in the practice area Insolvency. Sid Pepels (Amsterdam) was selected by Global Restructuring Review's 40 under 40 2026. He was identified as a Rising Star within the global cross-border restructuring community. Global Restructuring Review is a leading digital subscription service, news outlet, and information platform dedicated exclusively to cross-border insolvency and corporate restructuring law. Fabienne Beuzit (Paris), Rodolphe Carrière (Paris), and Isabelle Maury (Paris) were recognized in the 2027 edition of The Best Lawyers in France™ in the practice area Insolvency and Reorganization Law. An article written by Corinne Ball (New York) titled "Comity and Fairness are Critical to Granting Additional Assistance under Chapter 15: A Canadian Reverse Vesting Order and Related Releases in Proceedings Involving Canadian and U.S.-Affiliated Companies Are Approved" was published in the June 24, 2026, edition of the New York Law Journal. An article written by Caitlin K. Cahow (Detroit) titled "New York Bankruptcy Court Weighs In on Adequate Assurance of Future Performance under Assigned Leases and Chapter 11 Plan Exculpation Provisions" was published on June 8, 2026, in Lexis Practical Guidance. An article written by Trisha L. Mowbray (Real Estate; Chicago) and Ryan Sims (Washington) titled "Chapter 11 Plan that Abridged Non-Debtor Lessee's Rights to Remain in Possession After Rejection Unconfirmable as Having Been Proposed in Bad Faith" was published on June 16, 2026, in the Harvard Law School Bankruptcy Roundtable. An article written by Dan T. Moss (Washington/New York), Corinne Ball (New York), Isel M. Perez (Miami), and David S. Torborg (Washington) titled "Texas Bankruptcy Court Adopts Barnet Rule Requiring Foreign Debtor to Have U.S. Assets to Be Eligible for Chapter 15 Relief" was published on June 10, 2026, in Lexis Practical Guidance. An article written by Daniel J. Merrett (Atlanta) and Nathaniel Parr (Atlanta) titled "Southern District of Texas Clarifies Post-Purdue Course for Consensual Third-Party Releases and Gatekeeping Provisions" was published on June 11, 2026, in Lexis Practical Guidance. An article written by Corinne Ball (New York) titled "LMEs, Sophisticated Investors and Equitable Mootness: The Fifth and Third Circuits Warn Against Testing the Limits of Chapter 11" was published in the June 2026 issue of the American Bankruptcy Institute Journal. Nicholas J. Morin (New York) was quoted in an article titled "Serta Ruling Offers Damages Road Map in Lender-on-Lender Disputes," published by Bloomberg Law on July 7, 2026. The article discussed U.S. Bankruptcy Judge Christopher Lopez's July 7, 2026, ruling that participating lenders in Serta Simmons Bedding's 2020 non-pro rata uptier exchange breached the credit agreement's ratable-sharing provision, and awarding excluded lenders more than $261 million in damages. The opinion resolves six years of litigation related to Serta's 2020 transaction, where it raised $200 million in new financing and exchanged $1.2 billion of term loans for $875 million in superpriority debt. Judge Lopez found that the debt-for-debt exchange constituted a "payment" under the credit agreement, requiring proportional sharing among lenders, and dismissed various defenses raised by the participating lenders. The case is Serta Simmons Bedding LLC v. AG Centre Street Partnership (In re Serta Simmons Bedding LLC), 2026 WL 1968535 (Bankr. S.D. Tex. Jul. 7, 2026). The New York Law Journal has recognized Andrew M. Butler (New York) as a 2026 "Rising Star" in Restructuring/Bankruptcy as part of the New York Legal Awards. The Rising Star category recognizes New York's most promising lawyers age 40 and under who have distinguished themselves through exceptional legal work, leadership, and contributions to the profession. Lawyer Spotlight: Daniel J. Merrett Dan Merrett, a partner in the Atlanta Office, has spent nearly 20 years representing all manner of stakeholders in complex corporate restructurings and chapter 11 reorganizations. His practice extends to related transactions and disputes involving acquisitions; divestitures; credit facilities; securities; environmental obligations; and vendor, employee, and governance matters. Dan has substantial experience managing mass tort liabilities, including the restructurings and related chapter 11 cases of affiliates of Georgia Pacific and Johnson & Johnson, implemented to resolve asbestos and talc liabilities. He also represents key parties in energy and infrastructure matters, including facility owners, EPC contractors, and joint-venture parties. Dan was a key player in the restructuring teams in the historic bankruptcies of the City of Detroit and Chrysler. His other significant representations in chapter 11 cases include AFA Foods, Alpha Natural Resources, Dana Corporation, M&G Chemicals, McDermott International, Monster/CareerBuilder, Transtar Industries, and Westinghouse. He is licensed in both the United States and England & Wales and recognized in restructuring by Chambers USA and Best Lawyers.
‘Jackass’ stars pulled stunts in Lehigh Valley for new series on painful side of sports
Sports stars, including former NFL quarterback Cam Newton and wrestler Kurt Angle, made appearances for the new series "Sports Hurts."
Kansas student-athletes face burnout risk as fall sports season approaches
Kansas fall sports practices begin Aug. 17. KSHSAA's 'Less is More' campaign addresses rising burnout rates and heat safety rules for student-athletes.
Scientists studied animal bones in South Australia’s underwater caves; those near light carried algae marks while bones in total darkness remained remarkably pristine
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Chartbook 464 The"China squeeze" - the politics of development counterfactuals.
There are three types of China shock discourse. Each has a distinct temporal register. China shock 1.0 was a phrase coined by US academics in the 2010s to retrospectively summarize the impact on particular US labour markets, which they identified through painstaking empirical investigation. China shock 2.0 on everyone’s lips in Europe in the mid 2020s is an alarm raised by trans-Atlantic policy thinkers warning of a coming disaster which they project onto Europe’s ailing car industry. The third type of China shock discourse - commonly known as the “China squeeze” launched most recently by Indian economists Shoumitro Chatterjee and Arvind Subramanian in the pages of Foreign Affairs - mobilizes a different, more speculative temporal register: the counterfactual realm of alternate history. The China squeeze argument asks not what has happened, or what is going to happen, but what might have been. Specifically, what options for economic development might have been open to Global South economies like India or the economies of sub-Saharan Africa, had it not been for China’s spectacular industrialization since the late 1990s and the persistent competitiveness of China’s manufacture in low-skilled segments. Chatterjee and Subramanian’s argument is that whilst China has built a powerful position in electrical machinery and other high-skill manufacturing, which is now delivering China Shock 2.0, it also continues to run a trade surplus in low-skill, labour-intensive manufacturing. This surplus is large and has remained largely unchanged in fifteen years. Indeed, in the 2010s, in trade with low-income countries, China’s surplus rapidly increased. On their reading, this squeezes low-income producers in low-skill sectors in which they “should” be able to compete. Source: “China’s Mercantilist Squeeze on Developing Countries” Shoumitro Chatterjee and Arvind Subramanian. Peterson Institute for International Economics 26-7 May 2026 Chatterjee and Subramanian’s wording is telling: (emphasis mine) The canonical trajectory of economic development in the post-World War II period is for countries to transition from agriculture to manufacturing, first in low-skilled manufacturing and then later on to high-skill manufacturing (Herrendorf, Rogerson, and Valentinyi 2013). At the global level, this implies that high-income countries (HICs) that once specialized in low-skilled activities cede manufacturing export space to poorer countries that come along to occupy that space. In 1965, advanced economies accounted for about 60 percent of global value-added exports in four key low-skilled manufacturing sectors, i.e., apparel, leather, textiles, and footwear. Over time this share declined and began to be occupied first by the East Asian tigers and, beginning in the late 1990s, by China. Today China accounts for about 50 percent of the global market. The question is whether China, with its rising prosperity, is continuing to behave like its richer counterparts and ceding export space to poorer followers or to behave unlike them and continuing to occupy space. In terms of the conceptual maneuvers it performs, of the three China shock discourses, the “China squeeze” argument is by far the most ambitious. After all, it bases its critique of China on a counterfactual imagining of the world. Like any counterfactual argument, to construct this alternative reality it must rely on a heuristic model. To make their argument Chatterjee and Subramanian mobilize two key claims. The first reference point is the actual history of rich-country industrialization, what they refer to as the “canonical path”. The idea is that countries transition from agriculture to light industry and low-skilled manufacturing and from there up the value chain. To make this useful as a standard of comparison and a means to construct a normative standard, they adjust sectoral export shares for two factors: 1. the underlying level of economic development of the exporting country, as measured by national income and 2. the degree to which the sector in question is internationalized. The idea being that for a high income country to have a high export share in low-skill sectors is anomalous and even more so if that particular product is highly internationalized and thus suitable for being “conceded” to lower-income competitors. Where should this process end? Here Chatterjee and Subramanian introduce their second benchmark. Their normative idea of a global development path is one in which, in due course, low-skill manufacturing exports are distributed in proportion to a country’s share in the global labour force. They imagine, in other words, a world of proportional, polycentric global development without much national specialization in low-skill manufacturing. A useful benchmark is that, in labor-intensive manufacturing sectors, a country’s share of world exports should be broadly commensurate with its share of the world’s low-skilled labor endowment. … In the Heckscher-Ohlin model, this would be true if value added per worker and export propensities, i.e., fraction of output that is exported, are the same across countries. It is this pleasant liberal vista of orderly global development, progressing towards a general distribution of low-skilled manufacturing against which they judge reality and conclude that the low-income countries are suffering a “China squeeze”. China is not exiting low-skill sectors fast enough Allowing for its gdp level and the degree of globalization, China’s share of low-skill manufacturing exports is far higher than it “should” be. Relative to population, its low-skill share of exports is far too high. That in turn yields the conclusion that huge numbers of jobs - the authors suggest tens of millions - are being hoarded by China. For the four sectors captured in figure 4, this excess in value-added exports is $110 billion in 2022. For all low-skilled sectors overall captured in appendix figure D.1, excess value-added exports amount to $365 billion. The crowding out of LMIC exports by China is therefore substantial. Both these claims have in common that they are strong structuralisms. The first is that development paths ought to resemble each other. The second is that broadly speaking as far as low-skilled manufacturing is concerned, all countries are alike. If the world currently diverges from the distribution of trade implied by these assumptions, if China is not following the advanced economy path and has huge exports, this must be the result of “policy”, which the authors then put in question as illegitimate or unfair. Thus the naturalistic construction of a canonical path leading to a “level” distribution of low-skilled manufacturing reveals itself to be a polemical tool. From the point of view of China shock polemics, this discourse is no doubt welcome. But as an account of economic history, it must surely be regarded as nothing short of bamboozling. Development paths do not follow a regular, natural sequence. As David Fishman put it aptly, “development is not a queue”. They are always and everywhere, through and through political. Development is not so much a process, as a project. Each such project is more or less well adjusted to its context. As Gerschenkron taught uneven and combined development implies differentiation rather than simple imitation on a single parth. It may be true that Europe and the US exited relatively early from low-skill work. But clearly technology has changed. As C&S themselves point out, China no longer enjoys a low wage environment. Do they really believe that such huge differences can be accounted for either by industrial policy, which as they admit does not operate powerfully in low-skill sectors, or by exchange rate manipulation? What is overwhelmingly dominant in explaining the persistence of “low-skill” manufacturing in China are surely the network effects of complex supply chains. Indeed the label of “low-skill” may miss the point. The degree of globalization which Chatterjee and Subramanian decide to conjure away in their model of the development path - to allow for the fact that Europe and American textiles exporters did not enjoy just-in-time logistics in the 1950s - obscures the point that the networks through which Chinese factories supply the world are themselves key parts of the low-skill industrialization project. China isn’t knocking out 1970s style “cheap”. It has redefined the entire product cycle. C&S’s casual reference to “T-shirts” is telling. In today’s “fast fashion”, there is weight on both terms. Fashion and fast. China’s success in delivering on both at unprecedentedly high speed and at unprecedentedly low cost, isn’t a low-skill operation at all. If we see development trajectories not as the serial repetition of the same, but as distinctive, crafted projects that cumulate in complex agglomerations of skill, technology and labor, then this explains why the assumption that low-skilled manufacturing should follow the distribution of population flies in the face of all experience. As countless cases attest, low-wage, low-income developed economies are not by themselves the makings of a competitive production base. As Leon Liao puts it quite fairly: “International trade has never been allocated according to population. A country’s population gives it no natural claim to an equivalent share of global exports." And the remarkable fact is that Subramanian alone and with co-authors has long been making this point, not to pillory China, as is the case of the tendentious _Foreign Affair_s and Peterson pieces, but to highlight the great counterpart to China’s industrial success, namely India’s relative failure. The much-quoted Foreign Affairs piece showed low-skill export shares only for China, not for India. If you put both countries in the picture as Chaterjee and Subramanian have done on other occasions, the picture looks like this. China is far above the line, but India, almost as large in terms of population, is no less anomalous, just in the opposite direction. As far as global populations are concerned, and the imagining of tens of millions of “squeezed” jobs, it is this Sino-Indian pair that account for a huge share of the action. What this graph reveals is not China’s cheating, but India’s “greatest development failure”, at least this is the argument made Arvind Subramanian, this time in co-authorship with Devesh Kapur, in their major book, A Sixth of Humanity. Independent India’s Development Odyssey which appeared with Oxford University Press earlier this year. In this highly critical work on India’s development, China is repeatedly evoked, not to criticize but as a benchmark against which to illuminate what India’s political economy has not delivered i.e. large-scale formal employment for hundreds of millions of citizens. Kapur and Subramanian leave no doubt, if you want to understand why China, not India was the main driver of manufacturing globalization from the 1980s, don’t look to slots opening up in the division of labour thanks to the liberal mindedness of advanced economies, look to the contrasting political economy of the Maoist PRC and India’s post-independence political economy. As Kapur and Subramian note: The great divergence between China and India did not begin in 1978 with the Deng reforms—it was well underway by then. In one of the great ironies of modern history, the conditions created by Maoism turned out to be a great launching pad for industrial globalization. As the comparison of India and China in 1980 makes clear, to imagine manufacturing would be equally distributed when populations are so differently endowed in terms of educational and nutritional is fanciful. Here is the data from Kapur and Subramanian, data which I explored back at the very beginning of Chartbook. As Kapur and Subramanian insist, the striking fact is that even as India’s growth accelerated from the 1980s, structural change has not. Formal employment in India lags woefully behind. Why? As Kapur and Subramanian note, the path-dependent impact of India’s poor early start was devastating. The list of factors they mention is long and weighty: We argue for a new five-fold explanation applicable at different stages of Indian history: in the initial stages, the legacy of two key pre-1980s policies, the neglect of agriculture and the strangling of the domestic private sector, were critical. The failure of broad-based agricultural growth militated against rural industrialization, which would have been devoted to satisfying local needs that would have necessarily been labour intensive. Then, when the boom came after 1980, the thicket of regulation and broader labour protections that were legislated prematurely in a nascent democracy, underpinned by a deep ideological aversion to private capital in general and big capital specifically, became a barrier to attaining the size that would be necessary to compete globally. Similarly, the reforms after 1991, while wide-ranging, did not quite encompass non-tradeable inputs critical to manufacturing, namely, land, logistics infrastructure and power. A combination of low investment (logistics infrastructure), regulation (land) and the continued monopoly supply by state governments (power), combined with residual socialism, kept costs at 75–100 per cent above efficient supply. These factors were compounded on the supply side by the government, which dominated the formal labour market and established exorbitantly high wages at the lower end of the skill spectrum. This made their employment in the labour-intensive sector by the private sector less attractive. Finally, when the services sector and its exports boomed, wages soared even further via a Dutch Disease effect: one successful tradeable sector killed and cannibalized another less-skilled tradable sector, namely, manufacturing. Thus, scarcity-inducing policies of the planning era, precocious democracy and a Gandhian aversion to size; inefficient, monopolistic supply of critical non-tradable inputs; the behemoth of government; and super-successful skill-intensive services successively undermined India’s unskilled labour employment opportunities. The employment failure seems to have been over-determined. … Less quantifiable but no less important are some of the sociological factors that have undermined manufacturing and factory jobs. Take the impact of the success of the IT sector—located in urban areas with better working conditions, such as air-conditioned offices, good schools for children and attractive entertainment options. It became a more attractive place for engineering and management graduates to flock to. … Consider manufacturing and female employment. Indian society makes it difficult for women to work, reflected in India’s unusually low female labour force participation (elaborated in Chapter XIII). Indian society, in particular the routine harassment of women in public spaces, makes it even more difficult for them to travel long distances to take up work.37 Combined with onerous regulations on creating hostels and dormitories for women—which, in turn, prevents multiple shifts of operation—factories need to be located in areas with a large female labour pool. While firms can take apparel plants to female labour or bring them to the plants by building large-scale dormitories, this raises costs. If there was a case for subsidies to encourage labour-intensive manufacturing, housing subsidies to build dormitories for women workers would be a good place to start. All of this meant, that when opportunities did open up, in part thanks to adjustments in China, India was in no position to take advantage. Here is the account of the 2020s from Kapur and Subramanian. It stands in dizzying contrast to the one-sided, “China squeeze” argument delivered in the Peterson and Foreign Affairs pieces: In 2022, for example, India’s share of global exports in clothing (the canonical labour-intensive sector) was 3.1 per cent compared to 32 per cent for China. This is extremely disappointing because China started vacating export space in this sector after the Global Financial Crisis as its wages started rising; it then vacated further space in the aftermath of geopolitical developments that led investors to seek alternative investment locations. Between its peak and today, China lost about 7.5 percentage points of global export share (worth about $43 billion in 2022); over this period, India’s export share remained stagnant at 3 per cent, while that of Vietnam and Bangladesh rose by 3.5 to 4 percentage points. China’s loss did not translate into any gain for India in terms of low-skill exports and employment. Put differently, when the conditions for dynamism and prosperity were established after 1991, and even more tantalizingly when the global export opportunities opened up, it was as if India was a high-wage economy and only skilled labour could benefit from the dynamism. It had converted its physically abundant unskilled workforce into an economically expensive resource, penalizing its use. It is not my mission here to argue for or against Kapur and Subramanian’s interpretation of India’s development trajectory. The point in this context is simply that the “China squeeze” such as it is can only be understood, in relation to the heavy burden of domestic constraints that Kapur and Subramanian so unsparingly enumerate. I am concentrating here on India because it is the great counterpart to China and the unspoken reference point of the “China squeeze” discourse. But the point is more general. Can anyone with a straight face suggest that the main problems afflicting the development of South Africa or Nigeria, the great centers of mass underemployment in sub-saharan Africa, are cheap competition from China driven by Beijing’s industrial policy and an undervalued RMB? Likewise, is the main problem of the American working-class the threat of Chinese competition or the manifest crisis of social reproduction in the United States itself? The point here, as in the discourse around China shock 2.0 in Europe, is to insist that we should not normalize the world and pathologize China, without actually investigating what is going on in America’s industrial wastelands, the German car industry, or India’s lopsided labour market. One-sided pathologization should be understood for what it is, a polemical gesture. Concepts like China shock and China squeeze are, what Reinhart Koselleck, following Carl Schmitt, would have described as “asymmetrische Kampfbegriffe”, or “asymmetrical counter-concepts” or “asymmetrical combat concepts”. If the function of arguments like the “China squeeze” is to alert elites in the rest of the world of the need to rejuvenate and energize their development projects, so be it. But let us see the resulting discourses as the mobilizing interventions that they are. Interestingly, a significant slice of China’s public sphere - the so-called industrial party - have been obsessed for the last twenty years with precisely these questions of counterfactual economic history. Since the mid 2000s, a massive online discourse developed around an alternative history in which Chinese techno-patriots were asked to imagine how they would proceed if they had the possibility of traveling back in time to transport modern technology into the Ming dynasty (1368-1644) thus averting the “great divergence” of the 18th and 19th centuries. It is a fantasy of course, but also a goad. The point was not directed at Westerners. The alternate history is dramatically nationalist, but few n the West had even heard of it until recently. The adherents of the industrial party are not liberal moralists. They don’t project natural ladders of international development and ask why others don’t cede space. They take the Realpolitik of global economic development for granted. Their pointe was directed against fellow Chinese. The rallying cry of the alternative narrative was this: Now that we are beginning to gain steam and push forward on our national development path, now that we are breaking out of the inferior position assigned to us even in the early years following WTO accession, do not lose yourself in humanistic imaginings about better futures. In the spirit of Deng, they called on China to embrace the hard truth of development. Perhaps one might of the Industrial Party as a cultural trend born out of desire for symbolic revenge against those who had inflicted the century of humiliation. In terms of the various temporalities of the “China shock” - retrospective, prospective and counterfactual - one might think of the Industrial Policy discourse as truly speculative, conjuring up the China shock that never was. Or perhaps one might better think of it as imagining a world in which a powerful China was no shock at all, but simply a defining fact of modern history. I love putting out Chartbook. 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