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Shein Targets Over $40 Billion Valuation After China Nod for IPO
The fast-fashion retailer has received China’s nod for its long-awaited Hong Kong initial public offering, after its efforts to go public in the U.S. and London faced geopolitical and regulatory hurdles.
Top 8 Heavyweights Collide at UFC 331 in Los Angeles
On September 19, the UFC 331 event takes place at the Crypto.com Arena in Los Angeles, California. Waldo Cortes-Acosta puts his top-5 ranking on the line in a heavyweight showdown against Curtis Blaydes.Multiple sources have confirmed the match-up to Heavy.com after an initial report by journalist Danny Segura. Contrary to initial reports listing Noche UFC, […] The post Top 8 Heavyweights Collide at UFC 331 in Los Angeles appeared first on HEAVY.
Maine Supreme Court affirms Bellow’s decision to invalidate trans sports ballot question
The Maine Supreme Judicial Court Friday affirmed the Maine Secretary of State Shenna Bellows’ decision to remove a question about transgender sports from the ballot this November because its campaign committee did not collect enough valid signatures. The group, called “Protect Girls Sports,” initially submitted enough signatures to qualify for the November ballot, proposing an […]
Digital Foundry Shares Its Initial Analysis Of Black Ops 1 For PS5 Vs. Xbox
"This is a deeply odd state of affairs"
NFL Analyst Sprinkles Some Doubt On Eagles Rookie’s Initial Role
When it comes to rookie season expectations, Makai Lemon won’t have it easy with the Philadelphia Eagles. For starters, he’s in a tough market. Philadelphia demands hard work and instant results. But the resolved AJ Brown saga will be looming over the Eagles as well. That pressure will certainly go from local to national, as […] The post NFL Analyst Sprinkles Some Doubt On Eagles Rookie’s Initial Role appeared first on HEAVY.
'Proper season' at Celtic excites Oxlade-Chamberlain
Alex Oxlade-Chamberlain says he is relishing the prospect of a "proper season" at Celtic after agreeing to stay on with the Scottish champions. The 32-year-old former Arsenal and Liverpool midfielder initially joined Martin O'Neill's side on a short-term deal in February. Having been out of action for nine months, Oxlade-Chamberlain played 550 minutes over 12 appearances, scoring twice.
Gonzaga Hands Out First Offer in 2028 Recruiting Class
The first July live recruiting period is open, and the Zags made their initial move within the 2028 recruiting class.
Red Sox outfielder Nate Eaton's suspension reduced to 2 games
Boston Red Sox outfielder Nate Eaton's initial three-game suspension for his actions during a dugout-clearing altercation with Washington last week has been reduced to two games.
Officials search for source of Upper East Side Legionnaires' outbreak linked to 28 cases
Officials say they plan to release the addresses of any building whose cooling towers test positive during the initial screening process.
Trust Science Inc. ("Trust Science") signs Master Services Agreement with The Toronto-Dominion Bank ("TD")
/PRNewswire/ - Trust Science has entered into a bank-wide Master Services Agreement with TD. Initially TD will start by using Trust Science's income...
Park District remains focused on cleanup, mum on future use for Tinley Park mental health center land
Officials said initial demolition and cleanup of the former Tinley Park Mental Health Center should be completed by the end of the year
You saw this trade and let's be honest the initial …
You saw this trade and let's be honest the initial …
Euro-Zone Business Activity Revised Up to Stagnation for June
Business activity in the euro area was better than initially thought last month, with the bloc recording stagnation rather than shrinking.
Phil Weiser leads Michael Bennet in early returns in Colorado’s Democratic gubernatorial primary
Attorney General Phil Weiser took an early lead over U.S. Sen. Michael Bennet in Colorado’s Democratic gubernatorial primary as election officials posted initial returns soon after polls closed Tuesday night. In the first round of results, Weiser had secured 60% of the vote to Bennet’s 40%, with just over 200,000 total ballots counted statewide. The […]
Anthropic launches Claude Science in bid to expand revenue streams ahead of IPO
Anthropic is launching its Claude Science product as it seeks to increase revenue streams ahead of its anticipated initial public offering.
Dave Portnoy considers running for political office
Barstool Sports founder Dave Portnoy on Monday said he’s considering running for office, potentially against New York City Mayor Zohran Mamdani (D). Portnoy initially told Fox News’s Je…
Supreme Court lifts Watergate-era caps on campaign spending
The Supreme Court on Tuesday lifted a Watergate-era cap on how much money political parties may spend in coordination with candidates, siding with Republicans in a case initially filed by then-Senate candidate JD Vance that experts say could ultimately benefit the GOP in this year’s midterm election.
Netflix and Superheroes Are Having a Rough Stretch on Streaming....
(Welcome to my weekly streaming ratings report, the single best guide to what’s popular in streaming TV and what isn’t. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. If you were forwarded this email, please subscribe to get these insights each week.) I have a quick prediction before we start today’s article: You might see this data in future news articles. Not my specific charts or analysis, but the core trend I’ve been monitoring—Netflix is having a lackluster Q2—will become inescapable. Often, folks want to know “What does the data say?” Well, that’s what it says. I haven’t seen this analysis hit the trades really yet, but I have a feeling some other outlets are going to start making this case soon. Remember, you read it here first. You probably have read about the problems facing superhero films at the box office this weekend. Well, this week, I explore whether superheroes are dying on TV as well! And the data says: definitely maybe! We have a lot to cover in today’s Streaming Ratings Report, which covers the two weeks of 18-May and 25-May. Today, I’m just looking at TV, like Netflix’s disappointing Q2, superhero shows underwhelming, a few TV shows dropping off the charts, The Pitt finally ending its epic run on the viewership charts (and whether “view counts” change its status as one of the biggest shows of all time), all the flops, bombs and misses, and a whole lot more. Tomorrow, I’ve got a great rundown of the film side of things. Let’s dive right in! (Reminder: The streaming ratings report focuses on the U.S. market and compiles data from Nielsen’s weekly top ten viewership ranks, Luminate’s Top Ten Data, Showlabs, TV Time trend data, Samba TV household viewership, company datecdotes, Netflix hours viewed data, Google Trends, and IMDb to determine the most popular content. While most data points are current, Nielsen’s data covers the weeks of May 18th to May 31st, 2026. You can find a link to my terminology here.) Subscribe Television - Netflix’s Q2 Slump Continues Having analyzed streaming ratings for going on half a decade, I have learned to trust my gut, but I’m always relieved when I can find actual data to back it up. For example, after a string of very popular shows like Stranger Things, Bridgerton, The Lincoln Lawyer and The Night Agent came out, week after week, in January and February, my gut wondered if Netflix had enough new and returning TV shows to sustain them throughout the year. Since then, Netflix’s post-March slate of shows has not impressed me. This week seemed to feature a potential new hit, but then, like a classic Duffer Bros. TV show, there was a twist. I speak of The Boroughs, Netflix’s latest (and last) Duffer Bros. produced show. The pitch is “Stranger Things with older actors”. And it topped the Nielsen charts: With just two weeks of viewership, The Boroughs would have been a top 25 debut show last year: But here’s the twist: Netflix has already cancelled The Boroughs! What happened? Likely a few things. First, the show didn’t do as well globally as it did in the US. As What’s on Netflix showed, it lagged behind several other shows that got cancelled. Second, its completion rate was likely low; after an initial burst of interest, it quickly dropped off on the Samba TV and Luminate charts. Third, the Duffer Bros. left Netflix for Paramount, and that may have factored into Netflix’s decision here. (Though I tend to believe that if a show is doing well, Netflix would have kept greenlighting seasons.) Still, just because I can explain why Netflix may have cancelled this show doesn’t mean I’m justifying it. In particular, as I’ve noted before, Netflix is losing a lot of their bigger shows as they reach their natural ends, and they need to replace those shows. This show had the hallmarks of a big new genre show, and it’s their biggest hit of the last few months (in the US at least), but now it’s done. Netflix’s other show this week—The Four Seasons, the second season of the “hit” show from last year—definitely disappointed. Its sophomore season had about half the viewership of the first, only 12.7 million hours. It also only had a two week run on Samba TV, and its numbers were all down on Luminate too. In other words, even with two successes, the Q2 slump for Netflix looks real: I could add to the list of disappointments: Both Lord of the Files and Man on Fire had short runs on the Nielsen charts. Running Point’s sophomore season also opened to about half its viewership, similar to The Four Seasons. A Good Girl’s Guide to Murder’s second season—see below—didn’t even make any of the three viewership charts I track, unlike the first season. Netflix is absolutely having a dismal second three months of 2026. If this Nielsen data is any indication, and I think it is, I think this will show up in Netflix’s engagement report, and maybe even their financial outcomes. And the rest of June doesn’t look much better. We have two hit shows coming back—Sweet Magnolias, one of their quietest big shows, and Avatar: The Last Airbender, a big hit for them in 2024—but the other big swings are limited series crime thrillers i.e. no future season potential. Like I said above, sometimes when I uncover a juicy nugget like this, other outlets end up writing very similar articles mimicking the data without credit. We’ll see if that happens this time! Share Television - The State of Superhero Shows on Streaming When I first heard the pitch for Spider-Noir—a Sony TV show on Prime Video that binge-released eight episodes first on MGM+ then on Prime Video two days later—I had my doubts. It’s a live-action Spider-Man show set in the 1930s, starring Nicholas Cage, based on a cameo of a character in Spider-Man: Into the Spider-Verse. No, seriously, that’s the pitch. That could either go terrifically well or horribly wrong. Great because, Spider-Man. He’s the biggest superhero we have. I’ve seen tracking numbers that put the new _Spider-Man: Brand New Da_y as the blockbuster of the year and initial pre-sales back that up. And yet this Spider-Noir pitch feels very esoteric. (Also, the eight-episode binge release feels very “Amazon copying Netflix” again.) So what’s the data say? And what does this say about the future of superhero shows?
Apple Released iOS 26.5.2 Security Fixes Early to Thwart AI-Assisted Hacks
Apple today released iOS 26.5.2, iPadOS 26.5.2, and macOS Tahoe 26.5.2 with a long list of security fixes that it initially introduced in the iOS 26.6, iPadOS 26.6, and macOS Tahoe 26.6 betas. Apple told Reuters that it released the updates earlier than planned due to concerns about AI-assisted hacks.
Efzimfotase alfa demonstrated improvements in bone health in treatment-naïve pediatric patients with hypophosphatasia achieving median difference of 1.67 vs placebo in RGI-C Score at week 25 in MULBERRY Phase III trial
Positive results from the MULBERRY Phase III trial showed that efzimfotase alfa (ALXN1850), an investigational enzyme replacement therapy, demonstrated a statistically significant and clinically meaningful improvement in bone health in children (2 to
Maine targets three initiatives for initial use of federal rural health funds
The Mills administration says it's decided how it will spend nearly half of the $190 million it's received this year through the federal Rural Health Transformation Fund.
BlazBlue: Central Fiction DLC character Trinity Glassfille revealed
Following an initial announcement earlier this week, Arc System Works has officially announced BlazBlue: Central Fiction new downloadable content character Trinity Glassfille for the PlayStation 4 …
CHI Health debuts new orthopedic center in west Omaha
CHI Health is transforming its orthopedic care. On Wednesday, the organization broke ground on their new Lakeside Hills center. This will support patients from their initial diagnosis to recovery.
Country singer Bailey Zimmerman apologizes for canceled concert, charges dropped
Charges against Bailey Zimmerman have been dropped after prosecutors initially accused the country music star of causing $16,000 worth of damage to a New Mexico hotel room and canceling a
Pat Kelsey & The Snub
Sunrise/ Sunset/ Since the beginning it hasn’t changed yet/ People fly high begin to lose sight/ You can’t see very clearly when you’re in flight — “On Your Way Down” Allen Toussaint To be honest I didn’t pay much attention initially when Pat Kelsey was first asked Monday morning about not being invited to attend […]
Wilson wins GOP nomination for South Carolina governor after Trump hedges his bet on race
South Carolina Attorney General Alan Wilson won a runoff election on Tuesday, swiftly routing the candidate initially endorsed by President Donald Trump to be the Republican nominee for governor.
NBA Draft 2026 Day 1 discussion
Okay ladies and gentlemen. Today is the BIG DAY! The first round of the 2026 NBA Draft is tonight at 8 p.m. ET. Watch it on ABC (WJLA-TV) or ESPN. The Washington Wizards have the first pick of this thing barring a trade. And besides some initial reports in May about the Utah Jazz wanting […]
Roku May Help Fox Avoid Aggregeddon
(Welcome to the “Most Important Story of the Week”, my bi-weekly strategy column analyzing the most important (but often not buzziest) news story of the last two weeks. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. Please subscribe.) Scrolling through links over the last week, I stumbled across this fun headline: Wow. Formula 1 (the sport, not the docu-series) is the perfect “dog not barking”. As a reminder, each week in my Streaming Ratings Report, I call out the shows that miss every viewership chart. I dub them “dogs not barking”—like the Sherlock Holmes mystery—because without any data, we forget they even exist. This is in contrast to something like, say, a film flop—cough The Mandalorian and Grogu cough—where even underperforming at the box office is widely discussed here, there and everywhere. In the US, Formula 1 is now in “no public viewership data, so not discussed” territory. After moving to Apple TV from its former home of ESPN, basically no one talks about it. Apple did publish an initial, unsourced, unsubstantiated, (dare I say unserious) datecdote claiming more folks are watching Formula 1 on Apple than ESPN, but we haven’t gotten any updates since. This stands in contrast to when the sport streamed on ESPN, and ESPN PR provided weekly viewership figures. Formula 1 was, at best, a niche sport in America—averaging 1.3 million viewers in the Big Data Plus era—but now it’s basically anonymous. (And yeah, after moving to Apple, I very, very, very much doubt its ratings increased.) Unfortunately, that story isn’t quite big enough to warrant a section in today’s “Most Important Story of the Week” column, but I wanted to call it out, because otherwise, no one else will! Certainly, no one will write articles about the silence/ratings decline, unlike when they wrote breathless articles connecting the rise in viewership to Netflix’s Drive to Survive, including Reuters just last month. (This is a topic I’ve tried to provide a moderate/nuanced/non-hyped take since 2022.) Anyway, on to this week’s issue. I was a bit worried I didn’t have a juicy topic, then the Murdochs went out and did their Murdoch thing: buying Roku. So that’s the story of the week, and it happens to touch on quite a few themes of the streaming wars and the disruption therein. I’ll cover that, plus why more consolidation in Hollywood media looks likely, more good news on the Hollywood labor front, whether we’ll see an uptick in production in Los Angeles, some Broadway and theme park news, cellphone prices going up in the third world (and possibly everywhere), and more. Subscribe Most Important Story of the Week - Another Big Media & Entertainment Merger The story of the week is clearly Fox is buying Roku for $22 billion. I read a lot of good strategy takes on why Fox bought this streaming TV device maker—and I’ll have mine below—but what fascinates me more is how this deal connects to quite a few themes of the streaming wars, linking to everything from the pace of M&A to “aggregeddon” to Netflix’s recent M&A actions/inactions to the shift to advertising from pure play streaming and more. The only topic I can’t really connect it to is my old theory, “never bet against Rupert Murdoch” because he isn’t the one who did this deal; his son Lachlan inked it. (Do I think he provided advice, even at his 95 years of age? Sure.) That plus I have one additional piece of strategy for all entertainment players, inspired by this deal. So let’s dive into all those topics, starting with why I like this deal. Roku is a Great M&A Buy
Sonic Frontiers: Definitive Edition finally announced for Nintendo Switch 2, out now, trailer
After numerous leaks, Sonic Frontiers Definitive Edition has finally been announced for Nintendo Switch 2. Not only that, but you can purchase it now. We’ve heard about this one as early as March. Initially, the game was outed by a classification rating. More recently, the release date was leaked with a few details coming shortly after that. Sonic Frontiers: Definitive...
Apple Approves Production of OLED Panels for Foldable iPhone
Samsung Display has received Apple's approval to begin module production of OLED panels for Apple's first foldable iPhone, according to a report today from TheElec. Citing industry sources, the report says Samsung Display has started operating part of its back-end production lines in Vietnam to fulfill an initial order of around three million panels scheduled for delivery this year.
From defiance to acceptance: five quotes that chart Starmer’s downfall
In just 48 hours, the PM has felt the weight of political gravity and shifted from initial adamance he would fight on
Blue Jays’ Yimi García Not Yet Ready to Return
Yimi García's velocity was down during Thursday's rehab appearance, which was initially supposed to be his last tuneup before rejoining the Blue Jays.
Mercedes release statement on withdrawing Monaco podium appeal
Mercedes confirmed that it has withdrawn its Right of Review request concerning the penalties George Russell received and served during the Monaco Grand Prix, explaining the reasons behind its decision to drop the appeal. The team disclosed that it had initially explored every available avenue to mitigate the impact of Russell's pit lane speeding penalty on his final result, particularly after Pierre Gasly's time penalty was overturned.
Two Maryville restaurants fail initial health inspections
KNOXVILLE, Tenn. (WATE) — The restaurants with the failing scores are in Maryville. It was a customer complaint that sent the inspector to a pizza place. The second restaurant is a cafe that serves…
Android developer verification on track for September, ‘Verifier’ service will soon auto-install
Google today published an update on Android developer verification, which is set for its initial launch later this year and...
U.S. and Iran sign initial deal to end war and open Strait of Hormuz
The president defended the agreement, but it has been criticized as a return to the pre-war status quo, with the toughest negotiations still to come.
Where do things stand in the DC primary races?
Janeese Lewis George is holding a large early lead in the Democratic mayoral primary in Washington, DC, based on initial election results, but CNN has not projected a winner yet.
Early-Onset Cancers Are On The Rise. Knowing Your Family History Is Crucial.
By Cara Anthony and Blake Farmer - Nashville Public Radio and KFF Health News HealthDay ReportersWEDNESDAY, June 17, 2026 (HealthDay News) — Bryce Ramsey of Madison, Mississippi, was 33 when she was diagnosed with colorectal cancer. Upon noticing blood in her stool, she blamed the hemorrhoids she’d developed after delivering her son eight years earlier. Ramsey didn’t initially link her symptoms ...
Trump claims victory over Iran, but deal is silent on nuclear weapons
The president promised oil would resume flowing through Hormuz, though U.S. and Iranian officials differed over the initial agreement’s terms.
Thanks For Making Me 12th Highest on Substack’s List Of “Rising” Business- and Economics-Related Newsletters
A big thank you to those of you who upgraded to paid subscriptions to read my two most recent paid memos: https://richardkatz.substack.com/publish/posts/detail/201675746?referrer=%2Fpublish%2Fposts%2Fpublished and https://richardkatz.substack.com/publish/posts/detail/201774434?referrer=%2Fpublish%2Fposts%2Fpublished As a result, total paid subs rose by 5.6% over the past seven days. And that put me at 12th on Substack’s list of “rising” newsletters in business and economics. “Rising” means those with the biggest percentage increase in revenue from subs over a short period of time. Of course, as is often the case with the issues I discuss, this is a good-news/not-so-good-news story. The good news is a rush of new subs. The caveat is that it’s easier to get a big percentage increase when the base is relatively small. I have enough paid subs to be in the initial rank of Substack’s “best seller list,” but a way to go before enough of the 12,000 subs to Japan Economy Watch are paid subs. For most hybrid newsletters—a combination of free and paid posts—2-7% of the total subs are paid. 5% is my initial goal. If you gain insight from reading this blog, please join those who’ve already upgraded; help me reach 5%—and beyond. Subscribe
Q+A: Faraday Future Moves Beyond EVs
Faraday Future Intelligent Electric Inc. is sizing up for a key pivot. Initially a luxury electric vehicle company, the El Segundo-based manufacturer is
Trump celebrates his 80th birthday with an Iran deal and UFC cage fights at the White House
President Donald Trump celebrated his 80th birthday by hosting a UFC cage-fighting event on the White House South Lawn while announcing an initial agreement to end the war in Iran and reopen the Strait of Hormuz, potentially easing oil prices. The spectacle blended politics, entertainment, and diplomacy.
Samsung Galaxy S27 and Xiaomi 18 spotted: Major Leica camera lineup changes expected
Months before launch, early traces of two of next year's likely most important camera flagship rivals have appeared in databases. Model numbers have been discovered for both the Samsung Galaxy S27 and an initial Xiaomi 18 model, with major changes to the lineup becoming apparent for the latter in particular.
SpaceX to list on US stock market today after raising $75bn in largest IPO ever
Rolling coverage of SpaceX’s record-breaking initial public offering
Shohei Ohtani leaves game with injury, Dodgers announce initial diagnosis
Los Angeles Dodgers star Shohei Ohtani was well on his way to a third consecutive National League MVP award on June 11 when he left a game against the Pittsburgh Pirates with an injury. Ohtani left the game with left…
Colts rookie garnering attention in minicamp, 'operating like a vet'
Cam Bynum shared his initial impressions of Colts' rookie safety AJ Haulcy following minicamp.
Heart Health Biotech Kardigan Seeks $373.3 Million in US IPO
Kardigan Inc. is seeking to raise $373.3 million in a US initial public offering to help fund three late-stage drugs that target cardiovascular diseases.
NASA Webb Finds Strongest Evidence Yet for ‘Black Hole Stars’
The complex puzzle known as little red dots has become more complete since their initial discovery by NASA’s James Webb Space Telescope in 2022. Now a
Apotex Health shares jump in Toronto stock market debut
Canadian health company Apotex Health rose about 17% above the initial public offering price at its Toronto market debut on Wednesday, bringing life back to a subdued market that had struggled to see new IPOs for years.
Business Restructuring Review Vol. 25 No. 3 May-June 2026
In This Issue Texas Bankruptcy Court Adopts Barnet Rule Requiring Foreign Debtor to Have U.S. Assets to Be Eligible for Chapter 15 Relief In In re Siu-Fung Ceramics Holdings Limited, No. 24-33299, 2026 WL 382424 (Bankr. S.D. Tex. Feb. 10, 2026), the court denied petitions for chapter 15 recognition of Hong Kong bankruptcy and liquidation proceedings commenced on behalf of an individual debtor and a group of companies that he owned or controlled. According to the court: (i) the corporate debtors' Hong Kong liquidation proceeding was not eligible for chapter 15 recognition because the attorney retainer upon which such relief was based was not funded until nine months after the chapter 15 petition date; and (ii) the individual debtor's Hong Kong bankruptcy case could not be recognized because the debtor's "center of main interests" on the chapter 15 petition date was not in Hong Kong, and he did not even maintain an "establishment" there. [read more …] Southern District of Texas Clarifies Post-Purdue Course for Consensual Third-Party Releases and Gatekeeping Provisions In In re Container Store Group, Inc., 676 B.R. 356 (S.D. Tex. 2026), appeal filed, No. 26-20166 (5th Cir. Apr. 14, 2026), cross appeal filed, No. 26-20166 (5th Cir. Apr. 24, 2026), the U.S. District Court for the Southern District of Texas addressed consensual third-party releases and gatekeeping provisions in the aftermath of the U.S. Supreme Court's ruling in Harrington v. Purdue Pharma L.P., 603 U.S. 204 (2024). Consistent with existing Fifth Circuit precedent, the court confirmed that, in appropriate circumstances, consent for third-party releases may be obtained through a creditor's failure to opt out of granting that consent. But, the court ruled, consent through an opt-out mechanism essentially can never be inferred for creditor classes that stand to receive no recovery under a chapter 11 plan and that are deemed to reject the plan by operation of applicable bankruptcy law. Instead, those classes must affirmatively opt in to any release. The court also narrowed and remanded the bankruptcy court's acceptance of a broad gatekeeping provision, ruling that such provisions must correspond to the restrictions established by Fifth Circuit precedent. [read more …] Delaware Bankruptcy Court: Initial Transferee Need Not Be Defendant in Fraudulent Transfer Avoidance and Recovery Litigation The Bankruptcy Code gives a bankruptcy trustee the power to avoid asset transfers that are either made with the intent to defraud creditors or that are "constructively" fraudulent because an insolvent debtor did not receive adequate value in exchange. The Bankruptcy Code also permits recovery of an avoided transfer from not only the initial recipient, but also from subsequent transferees. Courts disagree over whether a transfer must actually be avoided before the trustee can seek recovery from a subsequent transferee and whether the initial transferee must also be a defendant in the recovery litigation against a subsequent transferee. The U.S. Bankruptcy Court for the District of Delaware weighed in on this debate in Phillips v. SS Associates LLC (In re ONH AFC CS Investors, LLC), No. 23-10931 (CTG), 2026 WL 312892 (Bankr. D. Del. Feb. 4, 2026). The court adopted the majority view, ruling that the initial transferee need not be a defendant in avoidance and recovery litigation against a subsequent transferee, but that the trustee must establish the elements necessary to avoid the initial transfer as part of the recovery litigation. [read more …] New York Bankruptcy Court Weighs In on Adequate Assurance of Future Performance under Assigned Leases and Chapter 11 Plan Exculpation Provisions In order to assume and assign an executory contract or unexpired lease, a bankruptcy trustee must cure most defaults under the agreement and provide "adequate assurance" of the assignee's future performance. However, the Bankruptcy Code provides no guidance as to the meaning of "adequate assurance" other than with respect to shopping center leases. In In re Broadway Realty I Co. LLC, No. 25-11050, 2026 WL 147505 (Bankr. S.D.N.Y. Jan. 19, 2026), the U.S. Bankruptcy Court for the Southern District of New York examined this issue in connection with a proposed assignment of thousands of residential leases as part of a free-and-clear sale of debtors' properties. The court held that "adequate assurance" does not mean a guarantee of the assignee's future performance, but merely demonstration that the assignee has the ability to satisfy the underlying obligations. The bankruptcy court also ruled that an exculpation provision in the debtors' chapter 11 plan exonerating non-estate fiduciaries from liability for actions taken in connection with the chapter 11 case was unobjectionable, provided it was limited in scope to postpetition conduct and actions taken in connection with implementation of the plan after its effective date. [read more …] Newsworthy 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) were included in the 2026 edition of Lawdragon 500 Leading Bankruptcy and Restructuring Lawyers. The Daily Business Review selected Isel M. Perez (Miami) as an "On the Rise" winner for the Florida Legal Awards. The Florida Legal Awards annually recognize those who have made significant contributions to the legal industry in Florida. Dan T. Moss (Washington/New York) was inducted as a Fellow in the 37th Class of the American College of Bankruptcy at its Annual Meeting in March 2026 in San Antonio, Texas. Christine Borries (Munich) was ranked in the practice area Restructuring/Insolvency in the 2026 edition of Chambers Germany. The 2027 edition of The Best Lawyers in Singapore™ recognized Sushma Jobanputra (Singapore) in the practice area Insolvency & Reorganization. The restructuring transaction involving Eissmann Automotive North America, Inc. received the "2025 Turnaround of the Year (Large Company)" at the Turnaround Management Association (Detroit) Annual Awards Reception. T. Daniel Reynolds (Cleveland) and Nick Buchta (Cleveland) represented subsidiaries of Eissmann Group Automotive in connection with the parent company's German insolvency proceedings. Roger Dobson (Sydney) is among 40 Jones Day lawyers recognized by The Best Lawyers in Australia 2027 for his contributions in Banking and Finance Law; Distressed Investing & Debt Trading; Insolvency and Reorganization Law; Litigation. An article written by Corinne Ball (New York) titled "Ard Finance—A Global Enterprise Combining an LME With a Foreign Insolvency Proceeding and Chapter 15" was published in the April 21, 2026, edition of the New York Law Journal. An article written by Alex Sapp (New York) titled "Recent Developments in Section 510—Subordination" was published in the 2025 edition of the Norton Annual Survey on Bankruptcy Law. An article written by Brad B. Erens (Chicago) titled "New York Bankruptcy Court Approves Insider DIP Litigation Financing" was published on April 6, 2026, by Lexis Practical Guidance. An article written by Corinne Ball (New York), Dan T. Moss (Washington/New York), David S. Torborg (Washington), and Isel M. Perez (Miami) titled "New York District Court Affirms Narrow Scope of 'Public Policy Exception' in Chapter 15 Cases" was published on April 6, 2026, by Lexis Practical Guidance. An article written by Jeffrey B. Ellman (Atlanta) titled "Statutory Cap on Lease Rejection Damage Claims in Bankruptcy Applies to Solvent Debtors" was published on April 6, 2026, by 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 April 6, 2026, by Lexis Practical Guidance. Lawyer Spotlight: Ben Rosenblum Ben Rosenblum, a partner in the New York Office, represents debtors, creditors, and other parties in out-of-court restructurings and court-supervised proceedings, including chapter 11 cases, municipal bankruptcies, international insolvency matters, and stockbroker liquidations. His experience spans industries such as manufacturing, shipping, mining, aviation, energy, real estate, and telecommunications. Ben's notable debtor representations include Peabody Energy, the City of Detroit, Chrysler LLC, Spansion Japan, and Dana Corporation. Significant creditor representations include General Maritime Corporation, Calpine Corporation, American Home Mortgage, and Murray Energy. He currently represents creditors in Puerto Rico's restructuring. He also has extensive experience advising financial institutions on bankruptcy law as applied to derivatives.
SpaceX Owns a Real Business That Makes Big Money
A simple view of SpaceX is that it’s a low-cost rocket launcher that created the profitable Starlink satellite business and which is now burning cash to build orbital data centers and colonize Mars. Starlink doesn’t have the lead role in SpaceX’s $1.8 trillion initial public offering. But it is the real business inside the company, and the telecoms industry and its regulators can ill afford to be complacent about the disruptive threat it poses.
The science of seeing inside explosions
During the Manhattan Project, Los Alamos scientists needed a diagnostic tool. Like an x-ray confirming a broken leg bone, the researchers wanted to be able to see into the smoke cloud of detonation products. They needed to verify that the implosion remained symmetric to ensure an efficient detonation. Although it was a time when scientific breakthroughs came quickly, this challenge stumped them, and their initial efforts to use x-rays to visualize the event were limited.
“Tech-Driven Prosperity & Right-Wing Racist Politics”: Quinn Slobodian on Elon Musk and SpaceX IPO
Ahead of the initial public offering for SpaceX, we speak with historian Quinn Slobodian, author of Muskism: A Guide for the Perplexed. He says Elon Musk is “creating a situation where he becomes deeply reliant on state contracts” as the U.S. government then becomes reliant on Musk. “It’s not about demolishing the government,” Slobodian says of his work with DOGE, the so-called Department of Government Efficiency that Musk led for the Trump administration. “It’s about making the government more compatible, ready for the kind of products that Musk offers, and to make him then an indispensable part of the infrastructure.” Slobodian goes on to warn that Musk’s wealth is helping to fuel his anti-immigrant, racist political ideology. “We really should be worried about the possibility of those things to live together: tech-driven prosperity and right-wing racist politics.”
‘You have to adjust:' Chris Kuper outlines his plans to replace Jeff Stoutland
Chris Kuper’s job description is coaching the Eagles’ offensive linemen. His initial challenge is getting them to believe he can do it.
Congratulations to the latest Boost Your Business awardees
Official website of the City of Philadelphia, includes information on municipal services, permits, licenses, and records for citizens and businesses.
College Sports Commission, Georgia reach NIL agreement in arbitration
The College Sports Commission reversed course, moving to allow deals for two Georgia athletes after an initial denial. An arbitrator agreed.
The political consequences of the Iran war
When wars are undertaken without initial public support, the public reaction against those who started and supported it can be harsh.
Jon Cryer thought Andrew McCarthy was a 'dick' amid 'all kinds of issues' filming 'Pretty in Pink'
Jon Cryer initially thought his 'Pretty in Pink' costar Andrew McCarthy was a 'dick' amid 'all kinds of issues' on the 1986 film set, before learning that McCarthy was 'battling his own demons.'
Initial results show Kurti's party wins most votes in Kosovo's early election
Prime Minister Albin Kurti's party won the most votes in an early parliamentary election in Kosovo on Sunday, early results showed.
Crazy Taxi: World Tour announced for PS5, Xbox Series, Switch 2, and PC
After an initial tease in December 2023, SEGA has announced Crazy Taxi: World Tour for PlayStation 5, Xbox Series, Switch 2, and PC (Steam, Microsoft Store). It will launch in 2027.
Sporting director confirms Arsenal loan won’t be extended
Lucas Nygaard’s time with Brabrand IF is at an end, with the club’s sporting director confirming his initial loan spell won’t be extended.Photo via Brabrand IF on InstagramArsenal youth goalkeep...
4-star WR Demare Dezeurn decommits from Oklahoma
Four-star Westlake (Calif.) wide receiver Demare Dezeurn has decommitted from Oklahoma, he tells Rivals. Dezeurn had been pledged to the Sooners since September, when he chose them over offers from USC, Nebraska, Michigan, Texas Tech and a host of other programs. However, other schools have remained in contact with him since that initial commitment, pushing […]
Monster Hunter Wilds confirmed for Nintendo Switch 2
After it was heavily rumored for the platform, Monster Hunter Wilds has finally been confirmed for Nintendo Switch 2. A release date will be given later. Many fans thought that Capcom was tinkering with a port following a datamine. However, this is the first time a port has been officially acknowledged. Monster Hunter Wilds initially launched last year. Here’s an...
Entertainment Veteran’s Venture Fund Unveils First AI Bets
Hallstone Ventures' initial portfolio includes investments in cinema-grade robots and human authentication tech
Official: Napoli make Alisson Santos’ move permanent
Napoli confirm Alisson Santos has completed a permanent transfer to the Stadio Maradona after an initial six-month loan spell from Sporting CP.Brazilian winger Alisson Santos has completed a permanent...
Wall St Week Ahead Blockbuster SpaceX IPO set to test high-flying US stocks rally
The long-awaited, massive SpaceX initial public offering is expected next week, a major event for the U.S. stock market, with investors wary of possible overexuberance after a stunning rally.
Senate rejects an initial attempt to ban Trump's $1.8-billion 'anti-weaponization' fund
It was the second effort in Congress to rebuke President Trump in two days, following the House vote Wednesday to rein in Trump's war powers in Iran.
U.S. Q1 2026 worker productivity revised sharply lower
Nonfarm business productivity grew at just a 0.3% annualized rate in the first quarter, down from an initial estimate of 0.8%
WHO Health Emergencies EPI-WIN webinar: Hantavirus in focus III: reflections from a Border Health and Point of Entry perspective
The complex multi-country response to the hantavirus outbreak linked to cruise ship travel is an unprecedented test of the global border health system. This EPI‑WIN webinar will provide an opportunity to hear from key border health stakeholders on their involvement in and initial reflections about this particular multi-country response, as well as their routine collaborative work for the management of public health events across borders, at points of entry, and onboard conveyances.
SpaceX sets the stage for a record $75 billion IPO
Elon Musk’s SpaceX unveiled plans Wednesday to set a $135 share price in its initial public offering price, for a sale worth $75 billion. The blockbuster debut would make Musk – already the world’s richest person – the first-ever trillionaire.
Patriots star defenders' initial reactions to A.J. Brown joining team
How Patriots safety Kevin Byard and Milton Williams reacted to A.J. Brown being traded to New England.
MacBook Neo is So Popular That Apple Reportedly Doubled Production
On an earnings call in late April, Apple's CEO Tim Cook said that customer response to the MacBook Neo was "off the charts," and the popularity of the laptop has reportedly led the company to significantly boost production. Apple supply chain analyst Ming-Chi Kuo this week said he believes that MacBook Neo shipments to Apple were doubled from an initial target of 5 million units to 10 million units in 2026 at some point after the laptop launched in March.
LEGO Batman: Legacy of the Dark Knight reveals Nintendo Switch 2 release date, new trailer
We’ve been wondering when LEGO Batman: Legacy of the Dark Knight would be heading to Nintendo Switch 2, and we now have that answer. Warner Bros. and TT Games just revealed that the game is heading to the console on September 18, 2026. LEGO Batman: Legacy of the Dark Knight just had its initial launch a couple of weeks ago....
Microsoft and Mayo Clinic partner to build healthcare AI model
Mayo Clinic will own the model, which will be trained on de-identified patient data and initially deployed for use by its clinicians
Dubai-Based Apparel Group Said to Explore IPO for India Business
Dubai-based fashion and lifestyle retailer Apparel Group is considering an initial public offering for its Indian unit in Mumbai, according to people familiar with the matter.
Alex Scott: Bournemouth’s asking price revealed
Manchester United have already agreed their first deal of the summer, with more in the pipeline.The Red Devils have agreed to pay an initial £35 million to Atalanta for Ederson, with INEOS keen to si...
Exclusive: SpaceX plans to raise $75 billion in IPO at $135 per share, source says
SpaceX plans to raise $75 billion in its initial public offering by selling 555.6 million shares at a target price of $135 per share, a source familiar with the matter told Reuters.
Ederson: What fans can expect from Brazilian dynamo
Manchester United have agreed their first signing of the summer.Both David Ornstein and Fabrizio Romano have confirmed that the Red Devils have agreed an initial £35 million deal for the Brazilian.At...
Morningstar values SpaceX at $780 billion, half its IPO target
Morningstar analysts pegged SpaceX's valuation at $780 billion, less than half of what the Elon Musk-led company is reportedly targeting in its initial public offering, ahead of a planned roadshow this week.
New York Democrats eye single redistricting amendment
Initial plans to pass multiple amendments to provide state lawmakers with flexibility to account for changing circumstances when it comes time for second passage next year had been scrapped in favor of a single proposal.
AI giant Anthropic confidentially files for US IPO
AI giant Anthropic said on Monday it has confidentially filed for a U.S. initial public offering, teeing up what could become the watershed moment for Wall Street's AI frenzy.
Foldable 'iPhone Ultra' Rumored to Feature Vapor Chamber Cooling Despite Thin Design
Apple's first foldable iPhone, known as the "iPhone Ultra," will feature impressive vapor chamber cooling and launch in September despite production difficulties, a known leaker today reported. The iPhone 17 Pro's vapor chamber thermal plate. In a new post today on Weibo, the leaker known as "Fixed Focus Digital" said the foldable iPhone's pre-assembly manufacturing processes are facing pressure and that the initial production ramp-up is proving difficult.
Apotex Health seeks to raise up to C$1.2 billion, potentially reviving Toronto IPO market
Canadian health company Apotex Health said on Monday it is seeking to raise up to C$1.2 billion ($868.06 million) in an initial public offering on the Toronto Stock Exchange, in a deal that could help revive the country’s subdued IPO market.
Apotex Health Seeks to Raise Up to C$1.2 Billion in IPO
Canadian generic drug manufacturer Apotex Inc. is looking to raise C$1.2 billion ($868 million) in an initial public offering in Toronto, the company said Monday.
Sabalenka, Osaka clash in blockbuster French Open tie
Four-time Grand Slam champions Aryna Sabalenka and Naomi Osaka will go head-to-head in the first French Open women's night match in three years on Monday, as a host of men's players eye a maiden major quarter-final.Osaka struggled initially for form after rejoining the tour, but reached the US Open semi-finals last year, the first time she had made the second week of a Grand Slam event since winning her second Australian Open title in 2021.
Colts training camp battle early preview: Right Tackle
This training camp positional battle may have less intrigue than initially anticipated.
California Democratic Party chair won't say if he's glad Becerra stayed in the governor's race
After spending months encouraging lower-polling candidates in the California governor's race to drop out, the leader of the state's Democratic Party would not say if he's glad an initially lower-polling Democrat now leading the polls, Xavier Becerra, stayed in the race.
First iPhone 18 Pro design models hands-on video reveals the new colors in different lighting
After the leaked images, we now have our first hands-on videos of the iPhone 18 Pro design models. See how the expected Black, Silver, Light Blue, and Dark Cherry finishes look under different lighting, and find out how these latest leaks compare to our initial report.
Liverpool admit summer signing just isn't good enough
Liverpool’s Alisson Becker succession plan began back in 2024. Sporting director Richard Hughes agreed a deal worth an initial £24m to sign Giorgi Mamardashvili from Valencia following a strong Eur...
Annette Taddeo would lead Blaise Ingoglia in head-to-head CFO race, Ruth's List poll finds
Independent voters broke heavily for Taddeo in an initial ballot test, giving her an 18-point advantage over Ingoglia.
Appalachian Power Co. delays planned outage, disrupts local business operations
APCo had to initially delay this planned outage, citing concerns of inclement weather.
Dragon Quest 12: Beyond Dreams reveals first trailer and details five years after announcement
After years of waiting, Dragon Quest 12 has finally resurfaced. Square Enix shared an update in celebration of the series’ 40th anniversary today. Dragon Quest 12 was revealed five years ago today. However, since that initial announcement, Square Enix has been keeping quiet on the game – we had yet to see it since then. It was originally known as...
Halifax stadium, entertainment hub proposal fails to gain traction
An ambitious plan to build a stadium and entertainment hub near Halifax appears to be on shaky ground. A local business leader involved in initial discussions about the venture says talks last year with U.S.-based Ridgehaven Holdings fell apart when it became clear the bid lacked key elements.
Argentina coach Scaloni encouraged by news on Messi injury
Argentina coach Lionel Scaloni said the initial news regarding superstar Lionel Messi's fitness "is not that bad" and hopes further examinations will confirm that diagnosis with the World Cup just a fortnight away."Now one has to wait and see how it evolves and above all the new tests they are going to conduct in order to see if it confirms their original diagnosis."
Defense Billionaire’s Father Builds New Business on CSG Model
The founder of CSG NV, which completed the biggest ever initial public offering for a pure defense company four months ago, is seeking to raise as much as €200 million ($233 million) this year to expand his industrial group.
Incipient Monopolization in Digital Streaming: Judicial Oversight of Contemporary Entertainment Consolidation — Columbia Undergraduate Law Review
On February 27, 2026, Paramount Global confirmed a $110 billion all-cash offer to acquire Warner Bros. Discovery, creating one of the largest media mergers in U.S. history. The offer followed a bidding war with Netflix; however, Warner Bros. ultimately signed the initial offer from Paramount. Netfli
iPhone 18 Pro Launching Later This Year With These 10 New Features
While the iPhone 18 Pro and iPhone 18 Pro Max are not launching until September, there are already plenty of rumors about the devices. It was initially reported that the iPhone 18 Pro models would have fully under-screen Face ID, with only a front camera visible in the top-left corner of the screen. However, the latest rumors indicate that only one Face ID component will be moved under the screen on the devices, which will result in merely a smaller Dynamic Island.
Spanish government confirms new case of hantavirus
The new case involves a “close contact” of a person connected to the initial outbreak, the Health Ministry said in its statement Monday.
Mizzou women's golf secures best finish in program history
Mizzou women's golf made the initial cut at the NCAA Championship Final on Sunday, simultaneously earning its best finish in school history.
America’s Small-Business Boom Comes Without New Jobs
While US financial markets brace for what could be the three biggest initial public offerings ever, most entrepreneurship in the US is headed in the opposite direction: New businesses are shrinking.