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Barcelona Add Sporting CP Striker to Álvarez Shortlist
Barcelona are exploring Sporting CP forward Luis Suárez as a potential alternative to Julián Álvarez, with Atlético Madrid continuing to resist a move for the Argentine international. Fabrizio Rom...
AI can ensure Florida’s small businesses remain competitive
AI readiness is not only about acquiring technology. It is about preparing people to use it well.
South China tech hub’s wet summer puts damper on small business profits
Shenzhen’s wettest July in more than three decades saw foot traffic plummet and also caused severe disruption to airline schedules.
FDA Classifies Egg Recall as Class I for Highest Health Risk
Nearly 20 million eggs were recalled in July over salmonella concerns. The new classification signals a “reasonable probability” of “serious adverse health consequences or death.”
Trump takes credit for prescription drug prices falling in July
The Bureau of Labor Statistics reported this week that medicinal drug prices fell 3.1% in July — the steepest decline in over 60 years
Lawsuit alleges Newaygo County Jail, prison health providers failed to treat inmate’s MS
When Shane Veltkamp, now 31, entered the Newaygo County Jail in July 2023, he was fully mobile, independent and able to care for himself, although he would be diagnosed with multiple sclerosis, or MS, while detained, according to a lawsuit filed in the U.S. District Court for the Eastern District of Michigan against the county […]
Police seek man accused of robbing East Austin business in July
Police are asking for the public's help identifying a man suspected of robbing a business in East Austin last month.The robbery occurred about 2:56 p.m. Tuesday
Rob Gronkowski played matchmaker at Taylor Swift and Travis Kelce’s wedding for this ‘beautiful’ celebrity
Rob Gronkowski said he played matchmaker for former Patriots teammate Julian Edelman at Taylor Swift and Travis Kelce’s wedding.
4 things to know about Treasury’s repeal of reporting requirement for US businesses
The Treasury Department this week officially repealed a requirement for American companies and individuals to report beneficial ownership information (BOI), a move with sweeping implicati…
‘Big Brother’ host Julie Chen Moonves reacts to Chuk refusing to hug LaLa (exclusive)
‘Big Brother’ host Julie Chen Moonves reacts to Chuk refusing to hug LaLa, Angela cursing out Haley, and if Barrett is too loyal to Dee.
Russell Fry Backs Darline Graham in South Carolina Senate Runoff Amid Trump Pressure
The president has been focused on the race since the death of Lindsey Graham in July. Ms. Graham, the late senator’s sister, is competing against Representative Ralph Norman in a runoff on Aug. 25.
US consumers cut retail spending sharply in July
Retail sales fell 0.6% in July from the prior month, marking the steepest drop since May 2025.
Small Businesses Despise Trump’s Tariffs
Mere hours after the Trump administration's latest tariff scheme launched on July 24, the government was sued again by the same small businesses that had already defeated prior White House tariff shenanigans, most notably at the Supreme Court. As Bloomberg Law reported, these companies are part of an “increasingly vocal cohort of business owners who emerged as the face of mom-and-pop tariff resistance.” What about Walmart Inc., Ford Motor Co. and the other titans of corporate America paying many
Nigel Farage beats Count Binface to win back seat in Parliament in widely mocked election
Farage, leader of the anti-immigration Reform UK party who some see as a possible next prime minister, abruptly quit his seat in July amid an investigation into whether he failed to report a 5 million pound ($6.7 million) gift from a crypto billionaire overseas.
AWSOM grows to nearly 100 students
The Alice L. Walton School of Medicine (AWSOM) in Bentonville recently expanded to 96 students after welcoming its second class of 48 students in July. The medical school’s second cohort,...
Fort Smith water leak repairs up almost 57% in July
The number of water leaks the city of Fort Smith repaired in July rose 56.6% compared with June leak repairs, but the number of active leaks rose to 45 at...
American Building Development Celebrates 7 Years in Business as of July 18, 2026, Growing Its Reputation as the Best Deck Contractor For Sacramento Homeowners
Sacramento, CALIFORNIA, Aug. 13, 2026 (GLOBE NEWSWIRE) -- American Building Development (ABD) has built a 5.0-star average across 250+ Google re...
Microsoft patches LegacyHive Windows zero-day vulnerability
Microsoft has released security patches to address a Windows zero-day vulnerability known as "LegacyHive," disclosed after the July 2026 Patch Tuesday.
UF Health doctor, professor facing child porn charges found dead in jail
A UF Health doctor charged in July with child porn possession was found dead at the Alachua County Jail on Aug. 13. Cause of death not yet determined.
‘The Gentlemen’ ransomware gang takes over hospital Facebook after cyberattack
AnMed, a nonprofit health system, suffered a data breach in late July that has left some of its systems still offline. Now, an infamous hacker group is claiming credit for the attack in an unusual way.
Mikel Arteta highlights Arsenal’s one priority in transfer window
Arteta said the bar is high for Arsenal to find players who can improve their starting line-up, amid links with Atletico Madrid’s Julian Alvarez and Paris Saint-Germain’s Bradley Barcola
New Business Spotlight: Rock N’ Roll Sushi in Hardin Valley
Rock N’ Roll Sushi Hardin Valleythe rock-themed restaurant known for pairing creative takes on traditional sushi with a lively, music-fueled atmosphere, is expanding its presence in Tennessee opening of a new restaurant in Hardin Valley on Wednesday, July 22. Located at 10837 Hardin Valley Road near Pellissippi State Community College, the new outpost marks the […]
Local legislators and town officials visit URI to learn about environmental and science research in action
KINGSTON, R.I. – Aug. 12, 2026 – The University’s land- and sea-focused work was showcased last month for local legislators and municipal leaders, letting them see and hear up close all the ways URI research can serve their constituents. Many had visited campus before—as speakers, parents or program attendees—but the morning forum in July let […]
Barcelona defender’s agent visits club facilities amid growing Arsenal interest
With the transfer window entering its final stages Jules Kounde’s future at FC Barcelona is starting to become uncertain. Now, According to Jijantes (h/t SPORT), Jonathan Kebe, the French defender��...
Ramp: Anthropic's Fable 5 lagged behind OpenAI's GPT-5.6 Sol in July
Although OpenAI trails Anthropic in business adoption, it won a moneymaking battle in July with its most advanced model, GPT-5.6 Sol.
Inflation cooled in July but remained elevated as Fed weighs rate hikes
The Labor Department released the consumer price index (CPI) for July which showed that inflation cooled, even as the pace of price growth remained elevated.
Tennessee to execute Anthony Hines as attorneys raise concerns over health, execution team
Fox 17 provides local news, weather, sports, traffic and entertainment for Nashville and nearby towns and communities in Middle Tennessee, including Forest Hills, Brentwood, Franklin, Fairview, Dickson, Clarksville, White House, Greenbrier, Springfield, Gallatin, Hartsville, Lebanon, Mt Juliet, Smyrna, College Grove, Thompson’s Station, Centerville, Murfreesboro, Columbia, Lewisburg, Shelbyville, Manchester, McMinnville, Smithville, Sparta, Cookeville, Hohenwald, Waverly, Camden, Paris, Lafayette, Portland, and in Kentucky, Russelville, Bowling Green, Franklin, Alvaton, Scottsville, Hopkinsville, Glasgow.
Tigers seek series-clinching win over Guardians on Wednesday night
The Detroit Tigers took the first game of a critical home series against the Cleveland Guardians on Tuesday night with a narrow 6-4 victory. The good guys got their first win against Tanner Bibee since July 2024 thanks to some well-timed offense, and somehow, Kenley Jansen did not blow the save despite feeding the batters […]
🗞️ Tension and the season’s first trophy: today’s front pages
The sports front pages this August 12 spotlight the major continental final between Luis Enrique and Emery, along with ongoing situations involving Julián Álvarez, Ferran Torres, and Güler.Marca: A...
2026-27 Pittsburgh Penguins Player Projections: Andrei Kuzmenko
Andrei Kuzmenko signed a one-year contract with the Pittsburgh Penguins in July. How will he fare this season?
Small business optimism rebounds in July, led by stronger hiring plans
NFIB said small business optimism rose above its long-term average in July, driven by stronger hiring and investment plans, though uncertainty remained elevated.
MIT Energy Initiative Director awarded Jürgen Warnatz Gold Medal for contributions in combustion science
MIT Energy Initiative Director William H. Green was awarded the prestigious Jürgen Warnatz Gold Medal at the 41st International Symposium on Combustion in Kyoto, Japan, on July 30. The Warnatz Medal is one of the highest awards of the Combustion Institute and is presented biennially to one scientist in recognition of exceptional scientific contributions having… Read more
US existing home sales post second straight monthly decline in July
U.S. existing home sales fell for a second straight month in July, and a rebound is likely to be limited by higher mortgage rates and tight supply.
‘Toy Story 5’ deleted scene reveals cut Jessie, Emily reunion (exclusive)
‘Toy Story 5’ deleted scene reveals the emotional reunion between Jessie and older Emily. The director explain why they cut it from the film.
U.S. small business sentiment surged to an 11-month high in July as hiring plans jumped
The optimism index climbed 2.4 points to 99.8, surpassing its 52-year average, while planned hiring jumped to its highest level since October 2022
US small-business sentiment rises to 11-month high in July, labor shortages a worry
U.S. small-business sentiment increased to an 11-month high in July amid a surge in the share of owners reporting plans to boost hiring, suggesting that last month's slump in nonfarm payrolls was probably temporary.
US small-business sentiment rises to 11-month high in July, labor shortages a worry
WASHINGTON, Aug 11 (Reuters) - U.S. small-business sentiment increased to an 11-month high in July amid a surge in the share of owners reporting plans to boost hiring, suggesting that last month's slump in nonfarm payrolls was probably temporary. The ...
US Small-Business Optimism Rises to an Almost One-Year High
US small-business optimism rose in July to the highest level in almost a year as firms ramped up hiring plans and inflation pressures eased.
Guide to Austin politics: The Daily Texan explains city government, local leaders’ roles
The city of Austin is currently developing their annual city budget and considering a bond issue, while several charter amendments (link once story is up) are up for a vote in November. With all this activity in City Hall, the Texan is providing a guide to new UT students on how Austin politics works and...
'Game of Thrones' fans gush over 'Mad King' at Royal Shakespeare Theatre
"Game of Thrones: The Mad King," the first stage adaptation of writer George R. R. Martin's bestselling fantasy saga, opened Saturday at the Royal Shakespeare Theatre with Martin — and rapturous fans — in attendance.
Scholarships given to entire inaugural class of business students at S&T
Dennis and Janet Jaggi with Kirk Roberts, a first-year business and management systems student. Roberts received the $1,000 scholarship and spoke for the inaugural class at the Jaggi celebration on July 30. Photo by Blaine Falkena/Missouri S&T. The inaugural class entering Missouri University of Science and Technology’s new Dennis and Janet Jaggi School of Business...Continue Reading Scholarships given to entire inaugural class of business students at S&T
Reappointment of Senior Vice Chancellor of UCLA Health Sciences John Mazziotta - UCLA Office of the Chancellor
Chancellor Julio Frenk shared this message with faculty and staff. Dear Colleagues: I am pleased to announce that John Mazziotta, M.D., Ph.D., has been reappointed for a five-year term and will now serve as senior vice chancellor of UCLA Health...
Young ‘Michael’ star Juliano Valdi hopes to play this Marvel superhero after Michael Jackson (exclusive)
EW caught up with Juliano Valdi, the 12-year-old actor who dazzled as young Michael Jackson in ‘Michael,’ to discuss earning praise from Stevie Wonder and wanting to join the MCU.
Alliance Entertainment and AMPED Distribution Highlight Independent Retail Engagement at Record Store Day Summer Camp
Alliance Entertainment attended Record Store Day Summer Camp, engaging independent retailers and showcasing product growth and upcoming releases.Quiver AI SummaryAlliance Entertainment and its distribution arm, AMPED Distribution, actively participated in the Record Store Day Summer Camp in New Orleans from July 27 to 30, 2026, engaging with numerous independent retail partners to discuss business performance, future releases, and product initiat
Chrissy Metz Talks '& Juliet' and New Music, Shares Health Update
Chrissy Metz, “This is Us” and “The Hunting Wives” star, joins TODAY to open up for the first time about her decision to use GLP-1 medication and announce her new partnership with health care company Ro. Metz details why she was originally skeptical around weight loss drugs, shares how the medication has improved her life, dishes on performing in “& Juliet” and teases new music in the works.
Hemp businesses ask federal judge to block Virginia’s new THC cap
Seven Virginia hemp businesses are asking a federal judge to block new restrictions on consumable hemp products, arguing the changes will wipe out much of their inventory, trigger layoffs and force some companies to close when they take effect on Aug. 15. The lawsuit, filed July 31 in the U.S. District Court for the Western District of Virginia, challenges a new provision in the state budget that will eliminate an exception for products containing more than 2 milligrams of tetrahydrocannabinol (THC) per package when they also contain at least 25 times as much cannabidiol (CBD).
NFIB July Jobs Report: Small business employment index ends four straight months of decline
NFIB said on Aug. 7 that its July Jobs Report shows that the Small Business Employment Index rose after four consecutive months of decline.
Cynopsis 8/10/2026: The Media And Entertainment Industry Is Creating Jobs
Monday, August 10, 2026 Happy Monday, readers! Today’s newsletter includes: A Hollywood-Shaped Silver Lining In July’s Jobs Report So Much
Preventing a Health Service Continuity Crisis in Syria - Donor Briefing Note - Evidence period: 2025 and 2026 Impact of Underfunding of Health Sector Syria June 2026
Other in English on Syrian Arab Republic about Health and Humanitarian Financing; published on 16 Jul 2026 by Health Cluster and WHO
Community science project aims to warn beachgoers of 'greenhead' hotspots
A unique kind of beast emerges from the marshlands of the East Coast each July.
Boys & Girls Clubs of Maui Back-to-School Health Fair draws more than 450 families
The Boys & Girls Clubs of Maui connected more than 450 families with health and wellness resources during its annual Back-to-School Health Fair on July 24 at Queen Kaʻahumanu Center in Kahului.
Results Of The 39th ITMF Global Textile Industry Survey: Business Weakens Slightly, Cautiously Optimistic
ZÜRICH, Switzerland — August 4, 2026 — The International Textile Manufacturers Federation (ITMF) has published the results of its 39th Global Textile Industry Survey (GTIS), conducted from 14 to 22 July 2026 among companies along the entire global textile value chain. Worldwide, 10% of participants rated their business situation as good, 53% as satisfactory and […]
Amid Questions Over Mojtaba Khamenei's Health, An Iran President-Supreme Leader Meet
Pezeshkian, who took office in July 2024, had said in early May that he met with Khamenei, also without specifying the date, but the supreme leader's office did not issue any statements at the time.
Detroit Lions Work Out Former Packers Wide Receiver
The Detroit Lions worked out former Green Bay Packers wide receiver Julian Hicks as training camp roster competition continues.
Greensburg’s Ian Kintigh claims 2 International Sport Kickboxing Association world titles
Ian Kintigh has gone from feeling pain from the slightest touch to kicking through boards. After finishing second in the world two consecutive years, Kintigh broke through in 2026, taking home two International Sport Kickboxing Association world championship titles in July at Disney’s Coronado Springs in Orlando. More than 9,000
The American Prison Writing Archive Publishes New Book
The American Prison Writing Archive, led by Director and Professor of Political Science Vesla Weaver, has published its first anthology as part of the Building a Prison Witness Collective initiative. Published by Haymarket Books, the anthology titled Harm and Punishment: Incarcerated Writers on Violence and the US Prison is edited by Elizabeth Hinton and Elsa Julien Lora....
Low-interest disaster loans available to area small businesses, nonprofits
Local small businesses and nonprofits impacted by severe storms July 4 may apply for low-interest federal disaster loans to offset economic losses
"I bring receipts!" Sheriff Paula Dance says she will expose the "underbelly of politics"
Pitt County Sheriff Paula Dance posted to Facebook today for the first time since July 17th, stating that she took a temporary leave to protect her Peace."Hey e
To the editor: Ohio rates as top state for business
The Toledo Blade editorial on July 12 celebrated Ohio’s rating as the top state for business by CNBC. The editorial did mention one caveat “Educational ...
Kyle Shanahan Provides Encouraging Update Regarding Coaching Duties
It's been an eventful offseason for the San Francisco 49ers and head coach Kyle Shanahan. The team has had to deal with the ongoing Brandon Aiyuk drama, plenty of injuries at training camp, and Shanahan's offseason car wreck. The head coach was driving his Tesla on July 14 when he crashed into another driver.
Md. health officials report record-breaking 50 heat-related deaths this summer
The number of heat-related deaths soared in July, with 43 deaths reported just last month, according to a Wednesday update to the state’s weather-related illness dashboard.
Dodgers’ Shohei Ohtani takes major step in return to mound
The two-way star hasn't pitched in a game since July 3.
49ers’ Kyle Shanahan speaks on his health, players’ injuries, Tesla autopilot
Kyle Shanahan is better but coping with headaches and fatigue from his July 14 car crash that may have involved a malfunction in Tesla’s autopilot program.
'They Fundamentally Don't Understand Art' — Doom Dev Blasts Xbox After Microsoft 'Gutted' id Software With Layoffs
After layoffs ripped through Doom developer id Software in July, id Software lead services programmer Chris Hays has taken aim at Xbox: "They fundamentally don't understand art."
Jordan Health hosts Front Porch Festival, Health Fair for Community Health Center Week
Jordan Health held its annual Front Porch Festival and Health Fair on Saturday to celebrate National Community Health Center Week.Organizers said it was a community event focused on health care, education and sharing
Orange County restaurants shut down by health inspectors (July 30-Aug. 6)
There were 14 restaurants and food establishments ordered closed by Orange County inspectors from July 30 to Aug. 6.
Hungary ruling party wants Orban-critic judge as president
His predecessor, an Orban ally, was forced to step down in July
Readers respond: Bennett cartoon crossed the line; Calvary making politics an idol
Mr. Bennett's political cartoon of July 31 was extremely inappropriate and offensive.
The Atlanta Braves Have a Raisel Iglesias Problem
The Atlanta Braves have a problem regrading closer Raisel Iglesias' performance since July 1st.
Homewood restaurant briefly closed over 48 health score: Jefferson County’s worst July 2026 inspections
Inspectors cited restaurants for live roaches, flies, gnats, mold, grime and food out of temperature.
Small Business Employment Index Picks Back Up
NFIB’s July Jobs Report shows that the Small Business Employment Index rose after four consecutive months of decline, registering 102.1 in July after measuring 100.2 in June. The current reading is above the 2025 average of 101.2 and the historical average of 100.0. In July, 36% (seasonally adjusted) of small business owners reported job openings they could
Why stocks are rising after a dismal July jobs report
A weaker job market means the Fed might not have to rush to hike rates, but it also paints a poor picture of the broader economy.
100 old rat feces. What else was found at these Sacramento-area restaurants?
Sacramento County Health Inspectors cited five eateries for health food violations over a one-week period between July 30 and Aug. 6.
NFIB July Jobs Report: Small Business Employment Index picks back up
Owners reported more unfilled positions and stronger hiring plans, even as qualified applicants remained scarce and compensation pressures increased.
U.S. Lost 23,000 Jobs In July, But Entertainment Industry Saw An Uptick
The U.S. economy lost 23,000 in July, while the unemployment rate fell slightly to 4.1%. The figures showed declines in local government education and retail trade, according to the figures from the Bureau of Labor Statistics. The job loss was unexpected, with analysts estimating a gain of as much as 100,000. Jobs in movies and …
U.S. Lost 23,000 Jobs In July, But Entertainment Industry Saw An Uptick
The U.S. economy lost 23,000 in July, while the unemployment rate fell slightly to 4.1%. The figures showed declines in local government education and retail trade, according to the figures from the Bureau of Labor Statistics. The job loss was unexpected, with analysts estimating a gain of as much as 100,000. Jobs in movies and […]
US economy unexpectedly shed jobs in July
The Labor Department released the July 2026 jobs report, which showed the U.S. economy shed jobs unexpectedly last month amid uncertainty over inflation.
Lone Geniuses in Political Worlds | Los Angeles Review of Books
Comparing Andy Weir’s and Jules Verne’s political visions of science.
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.
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Viewpoint: Europe needs a new scientific contract
The White House's new science strategy should be required reading in the Berlaymont and every European capital.Not because Europe should copy it. Parts of it should concern Europeans deeply. But because it asks the question Europe has so far avoided while steadily losing ground in the global race for technological leadership.Europe already possesses many of the world's finest universities, scientists and research-intensive companies. It produces world-leading research in fields ranging from quantum technologies and biotechnology to climate science. Yet time and again Europe generates the scientific breakthroughs while others build the companies, industries and strategic advantages around them, particularly in digital technologies. Increasingly, we find ourselves regulating technologies whose underlying capabilities were developed elsewhere.This is not primarily a scientific failure. It is an institutional one.The settlement that shaped modern science policy emerged after the Second World War. In Science, the Endless Frontier, Vannevar Bush argued that governments should invest in fundamental research while protecting scientists from political direction. Public investment was justified precisely because no government, university or company could predict where the next transformative discovery would emerge.That scientific contract served liberal democracies extraordinarily well. It underpinned decades of advances in medicine, computing, energy and communications, but the world for which it was designed no longer exists.Artificial intelligence is transforming not only technology but the production of knowledge itself. Advanced chips, computing power, data and scientific instruments have become strategic assets. Scientific knowledge now diffuses globally almost instantly. Competitive advantage increasingly lies not in making discoveries first, but in possessing the infrastructure, capital, engineering capability and institutions required to translate those ideas into products, industries and strategic advantage.The old boundaries between science, industrial policy, national security and geopolitics have largely disappeared. Dual-use technologies now underpin both economic power and military deterrence.The US has recognised this shift. In July, the White House published Science: A New Golden Age, a comprehensive attempt to rethink the relationship between science and national power. The report builds on Bush's legacy, but departs from his framework in important ways. Science is no longer treated simply as the source of future discoveries. It is presented as the foundation of economic resilience, technological leadership and national security. AI, advanced infrastructure and the capacity to build become as important as discovery itself.Yet the report also reveals a striking paradox. The same administration calling for “a new golden age” of US science has simultaneously proposed deep cuts to the federal research enterprise while expanding political influence over the allocation of public research funding. Europe should therefore distinguish between the report's diagnosis and its prescription. The diagnosis, that science has become a strategic asset, is compelling. But the prescription is self-defeating. Long-term technological leadership depends on strong universities, academic freedom and the institutional autonomy that makes scientific discovery possible. This distinction matters. Bush's achievement was never simply to make science serve national strength. It was to establish a division of labour in which governments invested in research without attempting to direct discovery itself. Scientific breakthroughs emerge precisely because researchers retain the freedom to pursue questions whose value cannot yet be demonstrated and whose conclusions cannot be anticipated.Neither China, nor the USAs science becomes more strategically important, the temptation to politicise it inevitably grows. But scientific freedom is not an obstacle to technological leadership, it is an essential precondition.China represents the opposite model. For decades it has integrated science, manufacturing, infrastructure and industrial policy into a single national strategy. Its ability to mobilise resources around critical technologies is formidable. But it does so within an authoritarian system where scientific priorities are increasingly inseparable from political power.Europe should imitate neither model. It should learn from the strategic ambition of the US without importing its growing politicisation of science. And it should learn from China's capacity to build without adopting its concentration of power.Instead, Europe needs a scientific contract of its own. Bush's scientific contract protected the freedom to discover because the defining challenge of the 20th century was producing new knowledge. Europe's next scientific contract must preserve that freedom while ensuring that scientific discoveries can be converted into technological, industrial and strategic capability. Because in a transactional world, Europe's freedom to shape its own future depends on its capacity to build it.Related articlesThe US ‘golden age’ science strategy: what Europeans need to knowEuropean researchers sound the alarm that Trump rule changes will hit cooperationNIH turmoil risks reciprocal EU-US access to health research fundingThis does not mean subordinating free science to competitiveness or industrial policy. On the contrary. Scientific autonomy remains the first principle of Europe's next scientific contract. Governments should not direct scientific discovery. Their responsibility is to ensure that Europe's scientific, industrial, financial and regulatory institutions work together rather than in isolation.Meeting that responsibility requires far more than research funding. European researchers need access to world-class computing infrastructure, advanced laboratories, shared datasets and scientific facilities. Innovative companies need patient capital, testing environments and a genuine single market in which they can scale without facing 27 different regulatory regimes. Public procurement must evolve from purchasing existing technologies to creating markets for new ones. Regulators must become partners in experimentation rather than guardians of yesterday's rules.A connecting architectureEurope does not need to invent the Defense Advanced Research Projects Agency (Darpa) model from scratch. Britain's Aria, Germany's Sprind and Wellcome Leap already show that Europe can build institutions capable of taking high-risk, mission-oriented bets while preserving democratic accountability. The challenge now is not to create more isolated initiatives, but to connect them to Europe's broader scientific, industrial and financial system so that breakthrough discoveries can scale.Above all, Europe must stop treating research, innovation, industrial policy, finance and security as separate policy domains. The challenge is no longer to create excellent institutions in each of these fields, but to make them work as one European innovation system. Europe's strength will increasingly depend not on excellence within institutions, but on excellence across them.Europe's ambition should be neither to imitate the US nor to emulate China. It should demonstrate that scientific freedom, democratic legitimacy and technological capability are not competing objectives, but mutually reinforcing strengths. In an age of geopolitical rivalry, Europe's greatest advantage may ultimately be its ability to attract the world's best talent by combining scientific freedom, democratic openness and technological ambition.Bush's scientific contract helped define the 20th century because it protected the freedom to discover. Europe's challenge is not to abandon that achievement but to extend it. The defining task of Europe's next scientific contract is to preserve the freedom to discover while building Europe's capacity to translate scientific discovery into technological power.Kaare Nielsen is founder of Pomus, a Danish think tank on science and innovation.
Science|Business summer reads of 2026
As most people in the European research and innovation policy bubble are going on a well-deserved summer break, we have come up with a list of our favourite books, podcasts and essays from the past year that ask deeper questions about science, technology and politics.BooksPasteur’s Quadrant: Basic Science and Technological Innovation, by Donald StokesIf you haven’t read Pasteur’s Quadrant yet, now is the time. In the EU and elsewhere, we’re living through a period of dwindling faith that curiosity-driven research automatically leads to economic growth and technological progress. Pasteur’s Quadrant, published in 1997 by the Princeton academic Donald Stokes, is the most influential critique of the standard “linear model” of R&D: the idea that new discoveries made in ivory-tower labs get neatly passed on for commercialisation by start-ups. In reality, Stokes argues, practical applications often inspire more theorical lines of inquiry. Of course, we have long known that things are more complex than the linear model, but even today, it’s still often assumed in Brussels discourse. The book is a useful corrective, and is being used now to argue for new types of scientific institutions. David MatthewsThe Weaponization of Expertise: How Elites Fuel Populism, by Jacob Hale Russel and Dennis PattersonAre society’s problems solvable by technical expertise alone? “If only the benighted would listen,” say Jacob Hale Russel and Dennis Patterson, two professors at Rutgers Law School who got frustrated with how scientists and politicians handled public health communication during the Covid-19 pandemic. In the book, they argue that clichéd mantras about scientific evidence and expertise perpetrated by academics, journalists and politicians have harmed public trust in the very institutions they were trying to defend. Paradoxically, slogans such as “we believe in science,” “follow the science” and “defer to the experts” can fuel mistrust in science, experts and democratic institutions. The authors criticise “condescension” and “technocratic paternalism” in the public discourse and make the case for a more nuanced approach to scientific and expert policy advice that rests on humility, doubt, scepticism and open dialogue. “Most complex social questions in fact revolve around values, not the recitation of unambiguous facts,” they say. Florin ZubascuBreakneck: China's Quest to Engineer the Future, by Dan WangIn this book, Dan Wang compares the structural differences between the US and Chinese industrial policies, but raises a very timely question for innovation policy wonks: how can advanced manufacturing know-how contribute to technology-intensive economic growth? Wang says technology has three components: the tools, the blueprints and patents, and the process knowledge. The third component represents the “proficiency gained from practical experience, which isn’t easily communicated and requires years of implementation.” According to Wang, rather than seeing tools and blueprints as the ultimate ends of technological progress, policymakers should see them as milestones in the training of better scientists and manufacturers. Over the past decades, China has amassed “process knowledge” because capital flowed to complex fabrication facilities, while investors in the West have parked their money in capital-light businesses such as digital platforms or chip companies that focus on design. As it turns out, thanks to its oversized focus on manufacturing, China has gained remarkable advantages in the global technology race. Florin ZubascuBaltic: The Future of Europe, by Oliver MoodyWhat can Europe learn from the nine countries surrounding the Baltic Sea? Alongside the familiar stories about Estonia's digital transformation, the book examines how the region has used technology, resilience, education, governance and long-term thinking to respond to geopolitical, economic and security challenges. Innovation policy wonks might find fresh perspectives on how innovation can strengthen defence, societal resilience and Europe's capacity to adapt in an uncertain world. Whether or not you agree with all of Oliver Moody's conclusions, the book is a useful guide to a region that is increasingly shaping European debates on security, competitiveness and technology. Goda NaujokaityteThe Invention of Nature, by Andrea Wulf This book chronicles the wild and adventurous life of natural science pioneer Alexander von Humboldt who at some point in the 19th century seems to have been just about the most famous person in the world. Through scientific expeditions to the Andes Mountains and to the depths of Siberia, von Humboldt contributed a host of discoveries and concepts. During his life he met and formed relationships with historical figures as different as Johann Wolfgang von Goethe, Simon Bolivar, Thomas Jefferson, Napoleon Bonaparte and Charles Darwin. He is also claimed to be the person in the world with most things named after him, a list that includes an ocean current, a penguin and a region of the Moon. Still venerated in Germany, with numerous scientific institutions named after him, von Humboldt has slipped out of public consciousness in most of the rest of the world. For anyone not familiar with him, this book does a good job of describing his fascinating life. Ole EllekrogCareless People, by Sarah Wynn-WilliamsYou may have heard this referred to as the book Meta doesn’t want you to read. The 2025 memoir from Sarah Wynn-Williams, former director of global public policy at Meta, then just called Facebook, includes explosive claims about everything from a toxic workplace culture to how the company worked with advertisers to target vulnerable teens, and the lengths it was prepared to go to in order to break into China. It’s a fascinating insight into how and why the tech company gradually shifted its approach to policy, whether in the US, Europe or Asia. Meta has denied the allegations in the book, and last year won an emergency ruling to prevent Wynn-Williams from promoting it. In response, the author is now suing her former employer. If that doesn’t make you want to read it. Martin GreenacrePodcastsThe Europeans: Europe’s anti-ElonThis podcast is a great choice for a light-hearted dose of European policy and culture news. Most of it has little to do with research, innovation and technology, but this particular podcast features an interview with Mastadon’s founder Eugen Rochko. He talks about his experience running an open-source, federated, European-made social media platform, and leaving it all behind. The conversation, which starts 14 minutes in, gently encourages us to reflect on what kind of technology we, as Europeans, want to make. Goda NaujokaityteSolarpunk and how we escape dystopiaNew technologies are very often taken from science fiction. Alberto Santos-Dumont, inventor the airship, was inspired as a child by the adventure stories of Jules Verne. OpenAI’s attempt to build a personal assistant with the voice of Scarlett Johansson was lifted from the 2013 film Her, completely ignoring the movie’s cautionary message. So if we want better tech, we need to imagine it first. Unfortunately, the state of current sci-fi is relentlessly dystopian, giving inventors precious few ideas or hope. However, a new genre, Solarpunk, which envisages a technologically advanced but ecologically harmonious future, is now taking off. The actual tech the genre imagines, such as permaculture, renewable energy or community repair workshops, while nice, isn’t all that inspiring or ambitious. But it’s a first step towards rescuing sci-fi from its pessimistic Blade Runner rut. David MatthewsEveryday AbundanceLaunched in June, Everyday Abundance is a podcast that tells the stories of the inventions we now take so for granted that we barely given them a second thought. For example, the washing machine, which liberated women from a lifetime “bent over washtubs and washboards.” Or modern dentistry, which ended the reality that “tooth pain was simply part of human life.” Historians of technology, Virginia Postrel and Charles C Mann are very much on the optimistic end of the spectrum when it comes to the capacity of invention to improve human life. Here, they set out their case: if it wasn’t for progress, you might be hunched over a washtub with toothache rather than reading these words. David Matthews‘We will not know what we lost’: Conservation fallout a year after USAID shutdownSince his return to the White House, Donald Trump has been on a mission to undermine science. He slashed jobs at federal agencies, terminated grants in some research areas, took unprecedented control over university affairs and, within hours of his inauguration, suspended the US Agency for International Development. While its initial focus was to administer health and food aid around the world, it had since expanded to conservation projects. The result? Some of these projects were stopped abruptly. In this Mongabay podcast, environmental reporter Michelle Nijhuis tells the story of the EcoGuard conservation programme in Liberia, whose local patrols had helped protect rainforests, monitor endangered wildlife and track illegal threats. From one day to the next, these were left without salaries. Luckily, she notes, the initiative was able to get emergency funding from international NGOs, but its future remains “incredibly uncertain.” Juliette PortalaEssaysThe Mars Delusion, by Henry WismayerWhy is humankind so fixated on establishing a colony on Mars? asks London-based writer Henry Wismayer. From space evangelists promoting Martian settlement as an insurance policy, to billionaire Jeff Bezos, who said humans should settle on Mars “because it’s cool,” the mission is not running short of advocates. However, in this essay, Wismayer reminds us that some critics expect any future Mars pioneer to end up “irradiated, sick, mad and dead.” Scientists have already looked into the possible effects of prolonged exposure to Martian gravity, and it’s not pretty: muscle shrinking, bones weakening, changes to the central nervous system and other biological modifications to make us all reconsider the journey. “Some researchers have forecast that the future settler, after generations of evolutionary conditioning, will look less like an Übermensch and more like ET,” Wismayer writes. Juliette Portala
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