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State Meditates Another Huge Pay Bump for Oregon Health Plan Operators
The proposal, which is preliminary, comes as alarm bells clang over runaway medical inflation.
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.
MidCity's Got Talent, Swamp Flashlight Night and new exhibits: 3 things to do this weekend
This week's picks
Xbox CEO Asha Sharma's internal playthrough of The Elder Scrolls 6 disrupted by a giant inflatable rat, as Bethesda union protests cuts
The CWA video games union brought a giant inflatable rat as well as red flags marking each laid off employee.
Union members stage massive protest for Xbox boss Asha Sharma
It would be hard to miss the giant inflatable rat on the lawn.
India plans insurance reforms to rein in healthcare costs, sources say
India is weighing wide-ranging reforms of health insurance, from benchmarked treatment rates to a nationwide claims exchange, as it looks to boost transparency in a struggle to hold down some of the highest medical inflation in Asia, two sources said.
Progressive Peggy Flanagan sweeps Minnesota Senate primary in race defined by anti-ICE anger
State’s Democratic lieutenant governor bests Angie Craig in another election contest pitting a progressive against a moderate
‘Someone’s getting their road torn up’: Businesses, city at odds over SoHo flood plan
The design plans for the South Howard Flood Relief Project are at about 60%. But 100% of the business owners 8 On Your Side spoke with at an open house said they want the city to rethink this befor…
Lakers’ Marquee Matchups Revealed for First Season Without LeBron James
The Los Angeles Lakers' schedule comes out later on in the week, but the NBA has already unveiled some of the marquee games. The post Lakers’ Marquee Matchups Revealed for First Season Without LeBron James appeared first on LA Sports Report.
Microsoft Patches 398 Flaws Including a Windows Driver Zero-Day Under Active Attack
Microsoft patches 398 flaws, including exploited CVE-2026-68820 that lets local attackers reach SYSTEM, plus four unauthenticated 9.8 RCEs.
Geno Smith gives worrisome flashbacks with ugly Jets practice
It was easy to believe it was 2014.
Zoom Annotation Flaws Could Let a Meeting Participant Hijack Another Attendee's Client
Zoom Annotation Flaws Could Let a Meeting Participant Hijack Another Attendee's Client | Read more hacking news on The Hacker News cybersecurity news website and learn how to protect against cyberattacks and software vulnerabilities.
Cheese industry struggling under weight of tariffs, inflation and war
Rising costs of milk and shipping are impacting makers
In Protest Of Mass Layoffs, Bethesda Devs Greet Xbox Leadership With A Giant Inflatable Rat
'We heard that Microsoft leadership was coming to our office this week, and decided to make our presence visible'
Dietitian Shares No. 1 Plant-Based Protein to Boost Brain Health
These anti-inflammatory plant foods are also packed with protein.
Ari Emanuel's events business will acquire theater owner ATG Entertainment
Mari, an events and experiences business founded by Ari Emanuel, plans to acquire ATG Entertainment, the owner of theater venues in areas including London's West End. The financial terms were not disc...
Ari Emanuel's events business will acquire theater owner ATG Entertainment
Mari, an events and experiences business founded by Ari Emanuel, plans to acquire ATG Entertainment, the owner of theater venues in areas including London's West End. The financial terms were not disc...
Microsoft August 2026 Patch Tuesday fixes 400 flaws, 3 zero-days
Today is Microsoft's August 2026 Patch Tuesday, and with it comes security updates for a massive 400 flaws, including one actively exploited and two publicly disclosed zero-day vulnerabilities.
Lucas Museum announces new restaurant inspired by Skywalker Ranch
The Lucas Museum of Narrative Art on Tuesday announced its flagship restaurant, Skywalker Grill. Nestled at the top of the museum with sweeping city views, the classic American eatery is now taking reservations.
Anthony Fauci Hysteria Reveals a Big Flaw of Our Political System
The hysteria around Anthony Fauci's tenure leading the NIH during the Covid-19 pandemic reveals a political system incapable of balance.
Browns offseason once again proving GM Andrew Berry right
The Cleveland Browns 2026 NFL draft class has already shown flashes of being great. Another feather for GM Andrew Berry
A Zoom Screen-Sharing Bug Let Anyone Take Over Other Devices on a Call
Researchers say it took fewer than 20 prompts for a public AI tool to find a flaw (now fixed) allowing anyone on a Zoom call to hijack another participants’ device.
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.
Business Chief Opens Speaker Applications for CXO Summit 2026
London, 11 August 2026 - Business Chief, a BizClik Media brand, has opened speaker applications for the CXO Summit 2026, inviting Chief HR Officers, People & Culture Leaders, Chief Marketing Officers, Chief Finance Officers and CEOs to join its flagship executive event. The summit, which brings together C-suite leaders to address critical challenges facing modern enterprises, from AI disruption to economic uncertainty. The event has already secured an impressive lineup of speakers from global or
DiJonai Carrington shares the real reason behind her hard foul on Sophie Cunningham
Chicago Sky guard/forward DiJonai Carrington opened up on why she committed the Flagrant 2 foul on Sophie Cunningham that got her ejected from their last game. Carrington swiped Cunningham out of the air on a layup attempt at the end of the first quarter of the Sky’s 86-90 loss to the Indiana Fever on Saturday.
Rangers' Nathan Eovaldi: Goes on IL with elbow inflammation
Rangers' Nathan Eovaldi: Goes on IL with elbow inflammation
Aug. 20 is registration deadline for District 65 fall sports leagues
The city of Evanston is reminding parents and caregivers that Aug. 20 is the deadline to register for District 65 fall sports leagues. Flag football
Exclusive: Flagler Health raises $50M for MSK
Investor interest in MSK-focused companies remains thanks in part to a large total addressable market.
Will the Dome be deflated? Anchorage sports facility launches fundraising campaign.
The Dome has been the home of the state's largest indoor field for nearly 20 years. The facility's operators are asking for help funding the replacement of its exterior.
iPhone 18 Pro’s flagship new color detailed by leaker
Last year iPhone 17 Pro’s Cosmic Orange color proved a hit, but rumors indicate it’s being replaced in iPhone 18 Pro by a new burgundy.
Minnesota’s Democratic Senate Primary Pits Angie Craig Against Peggy Flanagan
The Senate primary race in Minnesota will be the latest test of left-wing energy in the party, in a state that was convulsed by the Trump administration’s deadly immigration crackdown this winter.
AbCellera women’s health data top ‘most aggressive upside scenario,’ putting Astellas and Bayer on notice
AbCellera has reported phase 2 results “beyond even the most aggressive upside scenario” that its CEO dared to consider, boosting the biotech’s chances of challenging Astellas and Bayer for a women’s health market. The phase 2 clinical trial compared ABCL635, an antibody targeting NK3R, to placebo in patients with hot flashes caused by menopause. Investigators enrolled 92 postmenopausal women experiencing a mean of about 10 moderate or severe hot flashes per day. By Week 4, the number of moderate or severe hot flashes had fallen by a mean of 8.8 on ABCL635 and by 3.5 on placebo. That statistically significant, placebo-adjusted reduction of 5.3 hit the trial’s primary endpoint. The level of efficacy also cleared the bar set by existing drugs. While cross-trial comparisons can be misleading, AbCellera CEO Carl Hansen, Ph.D., had seen enough to start hyping the program. “We now view ABCL635 as a potential best-in-class non-hormonal therapy with strong differentiation against approved NK3R competitors across all important dimensions, including efficacy, safety, dosing and convenience,” Hansen said on a Monday morning conference call with investors to discuss the data. “We believe ABCL635 is now a highly de-risked program.” Last week, Hansen used AbCellera’s earnings call to set expectations for readout, with the CEO defining success as a clean safety profile and efficacy comparable to the two approved small molecules. The data vaulted over that bar. Astellas linked (PDF) one of the small molecules, Veozah, to placebo-adjusted reductions in hot flash frequency of 2.1 and 2.6 at Week 4 of its two phase 3 trials. Bayer reported (PDF) placebo-adjusted reductions of 3.04 and 3.29 at Week 4 of pivotal studies for its small molecule, Lynkuet. At 5.3, the placebo-adjusted reduction in AbCellera’s trial comfortably cleared the standard set by the incumbents. Veozah and Lynkuet came to market based on evidence of their ability to reduce the frequency and severity of hot flashes. AbCellera’s phase 2 study covered both endpoints, with the Canadian biotech reporting a mean reduction in severity of 1.4 points at Week 4 on ABCL635, compared to 0.3 points for placebo. Again, the placebo-adjusted result compares favorably to data on Veozah and Lynkuet. Analysts shared Hansen’s enthusiasm for the data. The phase 2 results “firmly validate ABCL635 as a potentially best-in-class treatment,” BMO Capital Markets analysts said in a note to investors Monday. ABCL635’s apparent efficacy edge “is likely attributable to the higher dosing/target engagement the asset is able to reach vs. the oral agents due to its wider therapeutic index,” the analysts added. The analysts, who model $2.3 billion in unadjusted peak sales for ABCL635, flagged the safety profile as another positive of the phase 2 readout. While Veozah carries a boxed warning for liver damage, nobody on ABCL635 in the phase 2 trial had elevated liver enzymes or bilirubin values. If replicated in phase 3, the lack of a liver signal could allow approval without the monitoring requirements imposed on Veozah. Investors appeared equally enthused, sending AbCellera's stock up 32% to $9.21 in premarket trading Monday from a Friday closing price of $6.93. Next, AbCellera will collect the Week 12 data and talk to its advisors about further development. The results open up “a wide variety of possibilities of how we might take this forward into phase 3 studies to truly maximize the value of the asset and make sure that ABCL635 is able to demonstrate its differentiation potential,” Sarah Noonberg, M.D., Ph.D., AbCellera’s chief medical officer, told investors.
'Assassin's Creed: Black Flag' Sequel Officially Confirmed for 2026 Release
Only one month after the premiere of Assassin's Creed: Black Flag Resynced, Edward Kenway officially returns for a new sequel release.
The AI Slop Backlash Is Actually Having an Impact
Platforms are finally recognizing that people don’t want to consume AI slop. A growing number of sites and apps now have tools and policies to flag, label, and ban AI-generated content.
Florida Is Betting That NIL Isn't Everything in Recruiting
Rejecting flashy million-dollar bidding wars and luxury penthouses, the Florida Gators are targeting prospects who prioritize professional development and long-term stability over the immediate lure of massive payouts.
First Trust Advisors LP Takes $1.41 Million Position in Six Flags Entertainment Corporation $FUN
First Trust Advisors LP bought a new stake in Six Flags Entertainment Corporation (NYSE:FUN - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 79,538 shares of the company's stock, valued at approximately $1,412,000. Fi
Beyond Flashpoints: Understanding the Politics Behind Taiwan’s Strategic Choices
Written by Lucy Best. This article argues that issues of everyday governance, such as budgets, industrial development, and energy availability, that underpin Taiwan’s strategic success have b…
Mercedes-AMG’s Secret Electric SUV Is Taking Shape
The new Mercedes-AMG electric SUV teaser shows GT-inspired styling and confirms a flagship EV positioned alongside AMG’s dedicated performance models.
Bears get deflating Luther Burden III injury timeline
Chicago Bears WR Luther Burden III who injured his groin during training just got a return timeline and it does not look ideal.
Angels Confident in Zach Neto’s New Lineup Spot
The Los Angeles Angels moved shortstop Zach Neto from leadoff to cleanup Thursday, and are content with their decision after a few games. The post Angels Confident in Zach Neto’s New Lineup Spot appeared first on LA Sports Report.
Bronchiectasis: How To Manage Your Mental Health and Stay Connected
If daily symptoms and flares take their toll on your mental health, you’re not alone. A pulmonologist shares how to cope and manage.
6 things you didn’t know about federal healthcare fraudbusters
One major operation is largely camouflaged—in fact it’s effectively out of sight—but it’s a prime mover in the Trump administration’s ongoing crackdown on healthcare fraud.
Former Duke Star's Rookie Card Draws Bounty
A rookie card for former Duke star Cooper Flagg has drawn a bounty from several people, including the Dallas Mavericks.
High school football: This week's games
This week's Southern Section and Intersectional high school football schedule.
Shohei Ohtani Making Progress in Pitching Progression
Los Angeles Dodgers two-way star Shohei Ohtani took a step in the right direction this weekend as he recovers from a knee injury. The post Shohei Ohtani Making Progress in Pitching Progression appeared first on LA Sports Report.
Natasha Howard Approaching WNBA Suspension
Natasha Howard was assessed her third Flagrant 1 foul of the season.
Sean Manaea dominates as Mets crush Pirates
The Mets continue to show flashes of respectability following the trade deadline.
Misiorowski Becomes Second Fastest Pitcher to 200 Strikeouts
The Milwaukee Brewers’ flamethrower trails only Spencer Strider in the record books for the fewest innings pitched to reach 200 strikeouts in a single season.
iPhone 17 set to break a record no flagship has touched in 15 years
When Apple released the iPhone 17 last September, the timer started for the new flagship model breaking a record set...
Trump's immigration crackdown looms over Minnesota's bruising Senate primary
Months later, confrontations between immigration agents and protestors in Minneapolis remain the backdrop to Minnesota's Democratic primary for U.S. Senate on Tuesday, which features establishment-backed U.S. Rep. Angie Craig and the more progressive Lt. Gov. Peggy Flanagan.
Big Ten season preview: USA TODAY Sports sees one key Oregon flaw
USA TODAY Sports' preseason college football preview identified the big point of uncertainty on Oregon's 2026 roster
JSerra looks to repeat as Southern Section flag football champions
The Lions went undefeated in 2025, but former champion Orange Lutheran and Sierra Canyon, with talented transfers, will be among formidable challengers.
In 1967, US satellites hunting secret nuclear tests detected a flash from deep space; the accidental signal became the first observed gamma-ray burst
For more than half a century, gamma-ray bursts have remained one of the most puzzling events observed in space. These bursts are sudden flashes of gamma rays, a very high-energy form of light.
The Pixel 10 Pro is a flawed and inconsistent phone — and I'm still using it one year later
I've had my Pixel 10 Pro for almost a year, and through ups and downs, it is still the phone I use more than any other.
UCLA’s Bob Chesney Receiving Major Curt Cignetti Comparison
UCLA football head coach Bob Chesney was put in rarified air, getting compared to legendary Indiana coach Curt Cignetti. The post UCLA’s Bob Chesney Receiving Major Curt Cignetti Comparison appeared first on LA Sports Report.
American Airlines Just Made It Harder for Elite Flyers to Get Free Business-Class Upgrades
Starting August 25, AAdvantage members flying economy are losing a valuable perk on popular Hawaii and coast-to-coast routes: a chance to score a complimentary lie-flat seat.
Former Washington football star prioritizing health over starting job
Former UW star Michael Penix Jr. is nearing a return from a knee injury, and a battle for Atlanta's QB1 job.
Sky’s DiJonai Carrington cites white privilege after ejection for flagrant foul on Sophie Cunningham
Cunningham fell to the floor after a hit to the face from Carrington's arm.
The Science Behind Royce Lewis' 18-Game On-Base Streak
What is Royce Lewis ’ role on the Minnesota Twins this year? It’s a valid question, and conversations about whether he’ll live up to his full potential are just as valid. The thing with Lewis is, he’s showing flashes of greatness this year, and what he's accomplished in the last couple of weeks i...
Why You Should Think Twice Before Buying That '10,000 Lumen' Flashlight
There are loads of flashlights out there that advertise very high lumen counts, like 10,000. They do usually hit this mark, but there's a very big catch.
United's long-haul business class fares just got cheaper
United Airlines just made some lie-flat business class seats cheaper on long-haul flights, but there's a catch. What to know about the new Polaris base fares before buying.
5 dead, 4 hospitalized in Louisiana from flesh-eating bacteria outbreak: health officials
WCHS ABC 8 provides local news, weather forecasts, traffic updates, notices of events and items of interest in the community, sports and entertainment programming for Charleston and nearby towns and communities in the Tri-State area, including Huntington, Dunbar, Marmet, Montgomery, Nitro, South Charleston, St. Albans, Cedar Grove, Chesapeake, Clendenin, East Bank, Glasgow, Pratt, Cross Lanes, Elkview, Pinch, Sissonville, Big Chimney, Cabin Creek, Chelyan, Davis Creek, Institute, Jefferson, Loudendale, Mink Shoals, Pocatalico, Quick, Quincy, Rand, Buffalo, Eleanor, Hurricane, Nitro, Poca, Winfield, Culloden, Fraziers Bottom, Hometown, Red House, Scott Depot, Teays Valley, Danville, Madison, Hamlin, Logan, Chapmanville, Man, Delbarton, Kermit, Gilbert, Matewan, Williamson, Summersville, Richwood, Flatwoods, Gassaway, Sutton, Spencer, Ravenswood, Ripley, Mason, Point Pleasant, Ashland, Pikeville, Ironton, Portsmouth, Gallipolis, and Athens.
Letters to Sports: The dollars and sense of the Dodgers acquiring Tarik Skubal
Readers of the Los Angeles Times Sports section give their thoughts on the Dodgers acquiring ace pitcher Tarik Skubal, the Angels situation, Aaron Donald and more.
Burcum: Putting Flanagan and Craig to the test on health care
Columnist Jill Burcum asked the DFL candidates for their positions on several pressing Minnesota health care issues to provide a more detailed look at how they’d approach the job in the U.S. Senate.
Six Flags Entertainment Q2 Earnings Call Highlights
Six Flags Entertainment (NYSE:FUN) reported higher same-park attendance, revenue and adjusted EBITDA in the second quarter of 2026, as the amusement park operator cited growth in season-pass visitation, improved operating discipline and progress at previously underperforming parks. On a same-park b
Google Pixel 11: Every rumor, leak, and confirmed fact
What's up with Google's next batch of flagships?
Aaron Donald Responds to Rams Return Buzz After Practice Appearance
Los Angeles Rams star Aaron Donald is getting closer to coming back, and on Friday, August, he finally spoke about his possible return. The post Aaron Donald Responds to Rams Return Buzz After Practice Appearance appeared first on LA Sports Report.
She Is Russia’s Richest Woman. Her Business Empire Is Going Up in Flames.
As Ukraine repeatedly strikes warehouses of the e-commerce site Wildberries, Tatyana Kim, its billionaire co-founder, faces her biggest test yet.
LGBTQ advocates prep for a difficult campaign against 'Protect Girls Sports in Arizona Act'
Arizona already forbids trans girls from joining school sports teams that align with their gender identity, but Republicans want to ban them from school locker rooms and private sports leagues, too.
Heart experts fear Trump’s FDA is ‘ignoring decades of evidence’ as it authorizes new nicotine pouches
The FDA has authorized four new flavored nicotine pouches, highlighting their potential to help adults stop smoking cigarettes. The American Heart Association shared its concerns with the move, saying "key questions" remain unanswered.
In the decade since rate cuts began, NH business tax revenues grew by an inflation-adjusted $3 billion - THE JOSIAH BARTLETT CENTER FOR PUBLIC POLICY
In 2015, the year New Hampshire legislators began a series of business tax cuts, revenues from the state’s two primary business taxes were a combined $561.7 million. In the decade since, business tax revenues grew by more than $3 billion. From 2016-2025, the state collected $3.02 billion in new business tax revenue above the 2015 […]
Leisure and hospitality has lost its strength in the job market
Inflation could be prompting some Americans to cut back on discretionary spending, leading employers to slow hiring.
Health officials warn of new measles exposure site at Kaiser Mt. Scott in Clackamas
Oregon and Clackamas County officials flag a new measles exposure site at Kaiser Permanente Mt. Scott in Clackamas. Visitors there Aug. 6 from 1:35 to 3:44 p.m. should check vaccines and monitor symptoms.
Cloudflare launches Kitesurf, a browser built for AI agents
Cloudflare has introduced Kitesurf, a cloud-hosted browser designed for AI agents instead of people. The company says the browser uses less computing power than Chromium for common automation tasks, helping developers build browser-based AI agents more efficiently.
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.
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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Flutter Entertainment (FLUT) Stock Faces Margin Squeeze Despite Steady Revenue
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US Stand Up for Science movement expands to Europe
A grassroots movement by scientists in the US pushing back against threats to academic freedom is setting up a Swiss outpost to take the movement global. Stand Up for Science started in February 2025 to protest against politically-motivated grant cancellations by the Trump administration. Since then, it has organised numerous rallies by scientists and turned into a broader campaigning organisation, supporting “pro-science” political candidates and attempting to impeach Robert F. Kennedy Jr, the health and human services secretary the group accuses of advancing “quack” science. Now, Stand Up for Science is establishing a Swiss office to take some of its campaigning beyond the US, and its leader is urging European academics to organise similar pro-science groups in case they face similar threats in Europe. There will likely be “spillover” to Europe from what the Trump administration is attempting in the US, said Colette Delawalla, chief executive of Stand Up for Science, who last month returned from a tour of Europe. “Are we going to see a Trump-style scientific [. . .] take over in the same way?” she asked.Delawalla, who is doing a PhD in clinical psychology, said she was driven to help found the organisation after the Trump administration started cancelling health research grants in politically taboo topics, such as transgender people, diversity and HIV, in early 2025. Since then, the administration has introduced several other measures that infringe academic and institutional autonomy.It threatened to cut Harvard University’s federal funding unless the university accepted a “critical mass” of new faculty and students to create “viewpoint diversity.” And this year, it proposed explosive new rules that would allow political appointees at research funders to screen grants to make sure they “advance the president's policy priorities.”US scientists have been at times stunned by the volume of announcements, and the country’s researchers were relatively unprepared. “We sit in front of the fire hose every day,” said Delawalla. For this reason, European scientists need to prepare now for similar assaults. “If you've got a little bit of extra time to start thinking through, and making those preparations and building community and solidarity,” then European researchers will “start five steps ahead of where we were.” She plans to return to Paris in September to share experiences with concerned French academics. Is Le Pen the same?During her European tour, Delawalla said that French academics were beginning to worry about a National Rally (RN) victory in presidential elections next year. She said there were “chilling similarities” between Trump and Marine Le Pen, the RN’s likely candidate. However, so far, the RN hasn’t proposed anything nearly as radical as the Trump administration has carried out. Its current manifesto is all but silent on university and research policy. Le Pen’s 2022 manifesto bemoaned a lack of French R&D spending, including in fundamental research, and promised to modernise labs and strip away grant bureaucracy. The party’s 2024 European election manifesto explicitly supported the Erasmus+ student exchange programme, scientific exchange and joint European technology projects. However, a Le Pen victory next year could see France drastically cut its contribution to the EU, which would hit the budget for science and innovation. Meanwhile, more restrictive immigration policies could hit university recruitment of faculty and students. Climate science denial?As heatwaves and wildfires have ravaged France, the RN has sought to distance itself from previous comments casting doubt on climate science.In the UK, the radical-right party Reform UK, now second in the polls, denied climate research in a draft of its 2024 election manifesto, but its leader, Nigel Farage, then appeared to quietly U-turn and said he was “not arguing the science.” By contrast, Trump has repeatedly and explicitly denied climate change science, in 2025 calling it “the greatest con job.” Like the RN, Reform UK has been light on research and university policy. However, it did say in its 2024 manifesto that universities should suffer “heavy financial penalties” for allowing “political bias or cancel culture” on campus, building on laws brought in by a previous Conservative government. Ahead of September state elections in Saxony-Anhalt in Germany, the poll-leading Alternative for Germany has proposed abolishing gender studies and postcolonial studies, and promised money for “critical” climate research and studies of Islam. Starts with rhetoricEven if European radical right parties aren’t currently planning the draconian policy measures of the Trump administration, Delawalla said that academics should not be complacent, and fight even small funding restrictions or anti-science talk from the start. “It starts off with sowing distrust about institutions,” she said. “It starts off with these small things, and then all of a sudden it's there.” There are other, more established science and university advocacy groups in the US aside from Stand Up for Science. But the group stands out because of Delawalla’s refusal to attempt to appear politically bipartisan or conciliatory. “I firmly believe that the US is experiencing fascism,” she said. “We’re not trying to win over the super Maga people,” she said, “and we never have been.” The lesson of the US is that even if universities or other institutions capitulate to government demands, this doesn’t save them from cuts and restrictions. “It doesn’t matter what people do,” she said. Global “pseudoscience”Another aim of Stand Up for Science’s push into Europe is to better coordinate a campaign to protect people in poorer countries from what the group describes as “pseudoscientific exploitation,” trials outside the US used to build a case against things like vaccines. Earlier this year, the group sent an investigator to Guinea-Bissau to investigate a controversial, Danish-run Hepatitis B vaccine project funded by the US Centers for Disease Control and Prevention.The study would have withheld a proven vaccine from newborns, Stand Up for Science argued in a briefing it presented to Congress, risking their health. Significantly, the research group based in Guinea-Bissau, known as Bandim, focuses on the “non-specific effects” of vaccines: impacts on health beyond preventing the target disease. Related articlesEuropean researchers sound the alarm that Trump rule changes will hit cooperationData corner: which fields of health science is the US curbing? The US ‘golden age’ science strategy: what Europeans need to know The suspicion is that the study was funded as part of an attempt to shop around for results that could help build a case against vaccines in the US, said Delawalla. “This is just code for vaccines cause autism,” she said.Bandim has put out a rebuttal of Stand Up for Science’s criticisms, arguing its work has uncovered a number of vaccine side effects, both positive and negative, which need to be taken into account in public health. However, Congressional Democrats took up the Stand Up for Science cause, and in February, Guinea-Bissau said it had permanently halted the study. WatchdogBut for Delawalla, this is not the end of the fight. Kennedy has made a number of health claims that scientists think lack evidence, such as the idea that seed oils cause inflammation, for example. Delawalla worries that more studies could be launched in poorer countries to fish around for evidence to support this agenda. Stand Up for Science is talking to African science organisations to create a kind of “watchdog” to scrutinise any further trials. “Outsourcing the investigation to some of the most vulnerable children in the world who are desperate [. . .] is fundamentally wrong,” she said.
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Federal Reserve’s Lisa Cook tells Anchorage business crowd she’s ‘firmly committed’ to bringing down inflation
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Blackhawks Trade Pitch Lands Flames $30M Skilled Winger
The Chicago Blackhawks have undoubtedly had an eventful offseason. They have added new players to their roster, including Bowen Byram, Jordan Greenway, Cole Smith, and Ian Cole. They also brought back franchise legend Patrick Kane on a two-year, $8 million AAV contract.Overall, with these moves, it is clear that the Blackhawks want to be more […] The post Blackhawks Trade Pitch Lands Flames $30M Skilled Winger appeared first on HEAVY.
Perez Hilton's family offers health update after disturbing TikTok
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Sanofi suspends chronic lung disease phase 2 study, tied to ‘strategic business reasons’
Sanofi halted a phase 2 trial testing a monoclonal antibody, SAR445399, in non-cystic fibrosis bronchiectasis, Fierce Biotech has learned. The trial, which began only back in April, was a randomized, double-blind, placebo-controlled study to measure the reduction in mucus plug score following treatment with SAR445399 compared with placebo in adults aged 18 to 80 years with NCFB, a chronic lung disease. The trial was officially reported as halted on July 29, the day before Sanofi’s second-quarter earnings call. The decision to pause the trial was made “as part of a company-wide portfolio review for strategic business reasons,” and not due to safety concerns, a Sanofi spokesperson told Fierce. The move to pause the NCFB trial comes during a trying time for Sanofi following a year filled with a series of trial fails. In February, the French pharma ousted CEO Paul Hudson and appointed Merck KGaA leader Belén Garijo, M.D., Ph.D., to steer the ship. Since then, Garijo has been doing a deep dive on correcting the company’s strewn R&D and clinical strategies. On July 24, Sanofi scrapped amlitelimab for atopic dermatitis, despite its lore as being a potential $5 billion blockbuster. During its second-quarter report, the company abandoned two more assets, balinatunfib and itepekimab, following failed trial results in psoriasis and chronic obstructive pulmonary disease, respectively. SAR445399, only first revealed by Sanofi in 2023, is an anti-interleukin-1 receptor 3 monoclonal antibody developed to block the interleukin 1, 33, and 36 cytokine pathways. These pathways can be important in chronic immune-related dermatologic diseases, such as atopic dermatitis and hidradenitis suppurativa, as well as respiratory conditions, such as NCFB. Related Sanofi’s new CEO ‘looking deeply’ at late-stage pipeline as clinical clearout continues NCFB affects roughly half a million people in the U.S., with a global incidence of greater than one million cases. In August 2025, Insmed received FDA approval for Brinsupri, a DPP1 inhibitor targeting neutrophil activation, for treatment of NCFB in adults and kids ages 12 and older. The British biotech Infex Therapeutics showed promising NCFB phase 2a data using their monoclonal antibody, INFEX702, which acts by disabling Pseudomonas aeruginosa, a bacteria known to be a major pathogen of NCFB. Sanofi is currently running a separate phase 2 study testing SAR445399 as a potential treatment for the inflammatory skin condition hidradenitis suppurativa.
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