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James Webb spots a galaxy with tentacles in deep space
Astronomers using the James Webb Space Telescope have spotted the most distant “jellyfish galaxy” ever seen — a cosmic oddity streaming long, tentacle-like trails of gas and newborn stars as it speeds through a dense galaxy cluster. The galaxy appears as it was 8.5 billion years ago, revealing that the early universe may have been far more violent than scientists expected.
Data centers fuel $1 billion in Wisconsin business growth, but some question long-term impact
Wisconsin companies are doing big business in data centers even though none of the hyperscale facilities are yet operating in the state. But the long-term impact remains unclear.
VICI’s Golden Entertainment Deal And Dividend Hike Could Be A Game Changer For VICI (VICI)
In late February 2026, VICI Properties Inc. reported Q4 2025 and full-year results, with quarterly revenue of US$1.01 billion and net income of US$604.77 million, alongside modest year-over-year increases in full-year revenue and earnings per share. At the same time, VICI advanced its experiential real estate push with a US$1.16 billion Golden Entertainment sale-leaseback and over US$2.10 billion of 2025 capital commitments, while issuing 2026 guidance that came in slightly below analyst...
Apollo, Leon Black sued for allegedly concealing Epstein business ties from shareholders
Shareholders sued Apollo Global Management and its billionaire co-founders Leon Black and Marc Rowan on Monday in a proposed class action for allegedly defrauding them for nearly five years about the private capital firm's business dealings with disgraced sex offender and financier Jeffrey Epstein.
Opinion: Venture capital totals don’t tell Chicago’s full story
Chicago raised $2.6 billion in venture funding last year, but deeper investments in quantum, AI and advanced manufacturing may better signal its long-term economic trajectory, Christy George and Brad Henderson argue.
Rural health’s $50 billion tech transformation: Too fast to last
Rural health’s $50 billion tech transformation: Too fast to last
Ancient Microbes Fused Into Earth’s First Complex Cells. Scientists Just Learned What Made It Possible.
Around 1.7 billion years ago, eukaryotes—the building blocks of complex life—first appeared on Earth, and now scientists have solved a longstanding riddle about their origin.
California GOP lawmakers are incensed over a gas tax study bill. Rural groups say they need it
As more electric vehicles hit the road, California could collect billions less from gas tax revenue to repair them. But even a bill to study options could be a huge political lift for Democrats.
Oregon exports fell by $6 billion last year — the trade war is just one reason why
“From the beginning there was a concern that Oregon was going to be more susceptible to tariffs."
Six Flags Entertainment (FUN) Is Down 6.6% After Deep 2025 Losses And Investor Exit Has The Bull Case Changed?
In February 2026, Six Flags Entertainment reported its fourth-quarter and full-year 2025 results, showing quarterly revenue of US$116.97 million and a quarterly net loss of US$92.38 million, while full-year revenue reached US$3.10 billion with a much larger full-year net loss of US$1.60 billion. The earnings release, combined with Broyhill Asset Management’s exit after citing integration challenges, weather exposure, pressure on lower-income guests, and leadership changes, has sharpened...
Measles outbreaks could cost the U.S. over a $1 billion a year, if vaccine rates decline
As vaccination rates decline, the economic consequences will increase, research suggests.
Where billionaires are moving in Miami: Indian Creek, Coconut Grove
With Larry Page leading what one Miami broker called a "gold rush," these neighborhoods may soon be home to some of the world's richest.
Berkshire Hathaway reports drop in quarterly profit on insurance operations weakness
Berkshire Hathaway, which wrapped up its final year under Warren Buffett’s leadership, reported Saturday that operating earnings for the fourth quarter totaled $10.2 billion, down 29.8% from last year, on weakness from its insurance business.
Warren Buffett’s successor Greg Abel publishes his first letter to Berkshire Hathaway shareholders
Warren Buffett’s successor released his first letter to Berkshire Hathaway shareholders on Saturday as the company took a $4.5 billion write-down on the value of its Kraft Heinz and Occidental Petroleum stakes.
How U.S. Businesses Are Shaving Billions Off Their Tariff Bills
A well-honed tariff-reduction playbook is giving businesses some confidence that they can deal with President Trump’s latest tariffs.
Taiwan Arms Sale Approved by Congress Is Delayed as Trump Plans Visit to Beijing
The package worth billions of dollars and endorsed by lawmakers is stalled at the State Department as the U.S. and China plan an April summit.
Power, politics and a $2.8-billion exit: How Paramount topped Netflix to win Warner Bros.
The Ellisons and their team began plotting their comeback in December, the morning after Netflix clinched its deal to buy Warner Bros.
Why Nintendo is expanding its business beyond gaming
Mario. Link. Pikachu. These aren't just video game characters — they’re some of the most recognizable figures on the planet. For nearly 50 years, Nintendo has been building loyalty to its worlds, and now it's turning that nostalgia into a global entertainment empire.
How Amazon's massive stake in OpenAI could boost its AI and cloud businesses
The deal could ease some of Wall Street's fears about Amazon's monster $200 billion capex spending, and accelerate its development of AI tools.
State Farm announces refund for car insurance customers
State Farm Mutual announced it will distribute $5 billion dividend to customers across 49 million vehicles due to lower collision rates and reduced auto repair costs.
OpenAI just closed a $110 billion funding round
OpenAI announced it secured a $110 billion investment from Nvidia, Amazon, and SoftBank.
‘We defeated the parties of billionaire donors’: Hannah Spencer’s victory speech
‘We don’t have to fight dirty to fight for change,’ said Green party’s new MP after Gorton and Denton byelection win
VW receives preliminary bids for diesel engine unit Everllence at around $9.4 billion, sources say
Volkswagen VOWG_p.DE has received bids valuing its diesel engine division Everllence at around 8 billion euros ($9.44 billion) including debt, according to three people familiar with the discussions, above what some analysts had estimated.
Foreign aid is back from the dead — but it’s in the hands of the people who tried to kill it
Both parties just approved billions for lifesaving aid abroad. Will Trump actually spend it?
Exclusive: Nintendo plans around $1.9 billion share sale by Kyoto bank and others, sources say
Nintendo plans an unwinding of strategic shareholdings that would see companies including MUFG Bank and the Bank of Kyoto selling shares of the "Super Mario" maker, according to three sources familiar with the situation.
Sunway Healthcare launches prospectus for up to $736 million IPO
Sunway Healthcare Holding on Friday launched the prospectus for its initial public offering that is expected to raise up to 2.86 billion ringgit ($735.98 million) in what could be Malaysia's largest listing in almost a decade.
Caesars Entertainment considering takeover offers; Tilman Fertitta could bid: report
The Financial Times reported Thursday that Caesars Entertainment is weighing takeover offers, and cited a potential bid from Texas billionaire Tilman Fertitta, who currently is serving as U.S. ambassador to... Read more »
ContextLogic Completes $907.5 Million Acquisition of US Salt, Marking Transformation into Business Ownership Platform
Transaction Creates Leading Public Business Ownership Platform with Strong Cash Generation and Approximately $2.9 Billion in NOLsOAKLAND, Calif., Feb. 26, 2026 (GLOBE NEWSWIRE) -- ContextLogic Holdings Inc. (OTCQB: LOGC) (“ContextLogic,” the “Company,” “we” or “our”) today announced the successful completion of its acquisition of US Salt Parent Holdings, LLC and its subsidiaries (collectively, “US Salt”) from private equity funds managed by Emerald Lake Capital Management (“Emerald Lake”) in a t
Sports betting hits record $16.96 billion in revenue in 2025
The sports betting industry hit a record revenue figure of $16.96 billion in 2025 despite growing competition from prediction markets.
'Big Short' Michael Burry warns Nvidia risk could be 'catastrophic'
Michael Burry of "The Big Short" fame warned of a "troubling" surge in Nvidia's purchase obligations to $95 billion, labeling it a "risky position."
Pistachio Billionaires Give UCLA $100 Million for Mental Health
Lynda and Stewart Resnick, the billionaire co-owners of agricultural giant the Wonderful Company, are giving $100 million to UCLA Health to fund the expansion of a neuropsychiatric hospital and mental health campus.
Galaxy Entertainment Group Reports Q4 & Annual 2025 Results
Leading Macau’s Non-Gaming Diversification Through Mice, Entertainment Events and Live Sports Q4 2025 Group Adjusted EBITDAUp 33% YoY and Up 29% QoQ to $4.3 Billion FY2025 Group Adjusted EBITDA Up 19% YoY to $14.5 Billion FY2025 Group NPAS Up 22% YoY to $10.7 Billion Recommends a Final Dividend of $0.80 Per Share Capella at Galaxy Macau Grand Opened on February 10 HONG KONG, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Galaxy Entertainment Group (“GEG”, “Company” or the “Group”) (HKEx stock code: 27) today
argenx Reports Full Year 2025 Financial Results and Provides Fourth Quarter Business Update
$1.3 billion in fourth quarter and $4.2 billion in full year global product net sales, representing 90% year‑over‑year growth Delivered $1.1 billion in operating income in 2025, marking first year of operating profitability VYVGART MG label expansion supported by positive ADAPT SERON and OCULUS results; PDUFA target action date of May 10, 2026 for anti‑AChR antibody‑negative (“seronegative”) gMG Management to host conference call today at 2:30 PM CET (8:30 AM ET) February 26, 2026 7:00 AM CET Am
HSBC kicks off Singapore insurance business sale, eyes over $1 billion value, sources say
HSBC has started the sale process for its Singapore life insurance product manufacturing business with the hiring of an adviser, and is hoping for the deal to be valued at more than $1 billion, said three sources with knowledge of the matter.
Indonesia Raises $4.5 Billion to Rebuff Credit Outlook Concerns
Indonesia pulled off its biggest global bond sale since at least 2017, overcoming the threat of a credit rating and signaling easing investor concerns about fiscal woes in Southeast Asia’s largest economy.
Enerflex Ltd. Announces Fourth Quarter 2025 Financial and Operational Results, Agreement to Divest Non-Core Business and Provides Preliminary Outlook for 2026
ADJUSTED EBITDA OF $123 MILLION AND RECORD FREE CASH FLOW OF $141 MILLIONREDUCED NET DEBT TO $501 MILLION OR APPROXIMATELY 1.0x TTM ADJUSTED EBITDA AT THE END OF Q4/25STRONG OPERATIONAL VISIBILITY WITH ES AND EI BACKLOG OF $1.1 BILLION AND $1.3 BILLION, RESPECTIVELYSIGNED AN AGREEMENT TO DIVEST OPERATIONS IN ASIA PACIFIC REGION, CONTINUING EFFORTS TO OPTIMIZE AND SIMPLIFY ENERFLEX’S BUSINESSCAPITAL EXPENDITURES FOR 2026 TARGETED AT $175 TO $195 MILLION, INCLUDING $90 TO $100 MILLION FOR GROWTH O
Zambia pushed back on U.S. health funding deal to protect interests, government says
Zambia has pushed back on part of a deal worth more than $1 billion in global health aid from the United States because it does not align with the country’s interests, the government said on Wednesday, as health advocates warned the deal links the money to mining access and has data-sharing risks.
The business behind Nintendo: How the gaming giant makes billions
From humble beginnings making playing cards in 19th-century Japan, Nintendo has evolved into one of the world's most influential gaming companies. Powered by a catalogue of iconic characters and franchises — including Mario, The Legend of Zelda and Pokémon — the company has turned nostalgia and broad family appeal into a durable business advantage.
China's $112 billion cargo gap shows record U.S. tariff evasion
Business owners, shipping merchants, trade attorneys and former customs officials are sounding the alarm over a surge in apparent tariff fraud.
This Looming Drug Development Gap Could Impact Patients' Health
In this week’s edition of InnovationRx, we look at cheaper biologic drugs, Novo Nordisk’s $2 billion next-gen obesity drug deal, new ways of fighting cancer, and more.
Healthcare Business Intelligence Market to Reach USD 20.04 Billion by 2035, Fueled by Value-Based Care Adoption and AI-Powered Analytics Innovation
Rising Demand for Predictive Analytics, Cloud-Based BI Platforms, and Regulatory Quality Reporting Requirements Accelerate Market Expansion Globally.Austin, United States, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Healthcare Business Intelligence Market Size & Growth Analysis: “According to SNS Insider, The Healthcare Business Intelligence Market size is estimated at USD 8.32 billion in 2025 and is expected to reach USD 20.04 billion by 2035, growing at a CAGR of 9.19% over 2026-2035.” The growth of the
Iberdrola posts 12% increase in net profit boosted by networks business
Europe's largest utility Iberdrola said on Wednesday that its net profit rose 12% last year to 6.29 billion euros ($7.42 billion), supported by its power network business in Britain and in the United States.
Evolent Health (NYSE:EVH) Reports Q4 CY2025 In Line With Expectations
Healthcare solutions company Evolent Health (NYSE:EVH) met Wall Street’s revenue expectations in Q4 CY2025, but sales fell by 27.5% year on year to $468.7 million. The company’s full-year revenue guidance of $2.5 billion at the midpoint came in 4.9% above analysts’ estimates. Its non-GAAP profit of $0.08 per share was 62.7% above analysts’ consensus estimates.
Tech’s politics push at home and abroad
We report from California’s Silicon Valley, where billionaires pour money into midterms, and the AI Impact summit, where India pushes back on ‘AI monopoly’ held by US and China
Technology Originally Developed for Space Missions Now Integral to Everyday Life
Groundbreaking “camera-on-a-chip” technology that was originally developed at NASA’s Jet Propulsion Laboratory (JPL) for use in space missions is currently employed in billions of devices like cell phones that are used daily by people worldwide.
Integrated Partners Launches Integrated Private Wealth to Guide Business Owners Through High-Stakes Transitions
BOSTON, February 24, 2026--Integrated Partners ("Integrated"), a national financial planning and registered investment advisory (RIA) firm serving more than $25 billion in assets under advisement (AUA), has announced the launch of Integrated Private Wealth, a new private wealth brand purpose-built to guide business owners and their families through complex, high-stakes liquidity events and regret free transitions.
AMC Entertainment Holdings (AMC) Posts Q4 Loss That Challenges Bullish Margin Narratives
AMC Entertainment Holdings (AMC) just posted its FY 2025 numbers with Q4 revenue of US$1,288.3 million, a basic EPS loss of US$0.25, and net income excluding extra items showing a loss of US$127.4 million, while trailing 12 month figures sit at US$4.8 billion of revenue, a basic EPS loss of US$1.34, and a net loss of US$632.4 million. Over recent quarters, the company has seen quarterly revenue move from US$862.5 million in Q1 2025 to between roughly US$1.3 billion and US$1.4 billion through...
Pentagon Races to Spend $153 Billion in Added Funds for Military
The Trump administration for months ignored Congress’s demand for a plan on how the Defense Department would spend the money that Republicans pushed through in their sweeping domestic policy bill.
AMC Entertainment’s (NYSE:AMC) Q4 CY2025 Sales Top Estimates
Theater company AMC Entertainment (NYSE:AMC) reported Q4 CY2025 results exceeding the market’s revenue expectations, but sales fell by 1.4% year on year to $1.29 billion. Its non-GAAP loss of $0.18 per share was 28% above analysts’ consensus estimates.
Tarsus Reports Fourth Quarter and Full-Year 2025 Financial Results and Recent Business Achievements
Generated full-year 2025 net product sales of XDEMVY® of $451.4 million, an increase of more than 150% year-over-year Providing expected XDEMVY peak sales potential of more than $2 billion Extending category-creating leadership with initiation of Phase 2 trial of TP-04 in ocular rosacea (OR) and plans to initiate a Phase 2 trial of TP-05 for Lyme disease prevention in Q2 2026 Management to host conference call today, February 23, 2026, at 1:30 p.m. PT / 4:30 p.m. ET IRVINE, Calif., Feb. 23, 2026
Enhabit’s stock soars as home health firm gets buyout offer worth $1.1 billion
The Dallas-based company is part of a growing demand story for home-based health care.
Trump Organization signs deal for billion-dollar skyscraper on Australia's Gold Coast
The Trump Organization announced a $1 billion project in Australia this week, building a 91-floor luxury resort and apartments on the Gold Coast.
Hims & Hers Health, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results
Revenue of approximately $2.35 billion, up 59% year-over-year in 2025 Net income of $128 million; Adjusted EBITDA of $318 million in 2025 Subscribers grew to over 2.5 million, up 13% year-over-year in 2025 Provides Q1 and full year 2026 guidance1, with full year 2026 revenue in the range of $2.7 billion to $2.9 billion and Adjusted EBITDA in the range of $300 million to $375 million Hims Hers Health, Inc. (“Hims Hers” or the “Company”, NYSE: HIMS), the leading health and wellness platform, today announced financial results for the fourth quarter and full year ended December 31, 2025 in a shareholder letter that is posted at investors.hims.com. “More than 2.5 million subscribers now rely on us for a healthcare experience that is both accessible and deeply personal – and we believe we’re well on our way to becoming the global leader in consumer health,” said Andrew Dudum, co-founder and CEO. “In 2025, we made it possible for more customers across the world to depend on us
With billions on the line, Chicago faces turning point on publicly funded stadiums
Chicago's professional sports teams have shaped its global identity for decades. Now they're at the heart of a rare, generational choice for local officials: Should taxpayers foot the bill?
Enel to Increase Spending, Shareholder Returns Under 2028 Plan
Enel plans to spend more than 26 billion euros in its integrated business—with the majority invested in Europe and North America. It also sees more than 26 billion euros spent across its grids unit.
Supreme Court wades into U.S.-Cuba business disputes, with billions at stake
The justices have never interpreted Title III, under which Congress authorized the U.S. president to suspend if deemed "necessary to the national interests."
Supreme Court wades into US-Cuba business disputes, with billions at stake
The U.S. Supreme Court is set to explore legal questions arising from the fraught history of U.S.-Cuban relations when it considers the scope of a 1996 law that lets U.S. nationals seek compensation for property confiscated by the communist-led Cuban government.
Business groups seek quick tariff refunds after Supreme Court ruling
(The Center Square) – The U.S. businesses that paid billions in tariffs to the federal government want their money back.
Missouri has embraced sports betting. So why isn’t the state raking in tax revenue?
Missourians bet more than half a billion dollars in the first month of legal sports wagering, but just over $500,000 came back to the state as tax revenue.
Refunds from Trump’s struck-down tariffs remain up in the air
U.S. companies could stand to get billions back in tariff-related refunds after the Supreme Court ruled against President Trump’s signature economic initiative. However, the path forward to obtain this money remains unclear.
The $134-billion question: Who will get a tariff refund?
The battle is just starting for the 300,000 businesses that want $134 billion in tariffs refunded.
Supreme Court ruling against Trump tariffs will offer relief, business owners say
Businesses could be owed nearly $150 billion in refunds after the Supreme Court struck down tariffs imposed under the International Emergency Economic Powers Act.
Club Grid Disrupting the Nightlife and Entertainment Industry by Launching First All-In-One Cloud Infrastructure Platform for Nightlife Venues, Modernizing a $175B Global Industry
Club Grid officially launches a groundbreaking all-in-one cloud platform built specifically for nightlife venues, streamlining operations, management, analytics, fraud prevention, and payment infrastructure into one enterprise-grade system designed to maximize revenue, unlock AI-driven intelligence, and scale a multi-billion-dollar industry.West Palm Beach, Florida--(Newsfile Corp. - February 18, 2026) - Club Grid is officially disrupting the nightlife industry with the launch of the first fully
PPL Corporation reports 2025 earnings results; provides business plan update through 2029, extending EPS growth targets
PPL Corporation (NYSE: PPL) today announced 2025 reported earnings (GAAP) of $1.18 billion, or $1.59 per share, compared with 2024 reported earnings of $888 million, or $1.20 per share.
Blue Owl unable to arrange financing for a $4 billion data center
Blue Owl tried to line up debt for a Pennsylvania data center tied to CoreWeave, but lenders passed, underscoring growing caution around AI-linked credit.
Anglo American Writes Down De Beers Diamond Unit Value by Another $2.3 Billion
It is the third time in three years that Anglo American writes down the value of its diamond business.
Africa’s wealthiest billionaire commits $1 million to a scholarship fund for business graduates
Africa’s richest man, Aliko Dangote, has committed $1
NY scraps proposal to legalize driverless robotaxis in blow to Waymo
New York's governor dropped a proposal to allow unmanned robotaxis, days after Waymo raised $16 billion to fund its expansion to more cities in the US.
Live Nation Entertainment Reports Lower Net Income In FY25 Despite Revenue Growth
(RTTNews) - Live Nation Entertainment, Inc. (LVY) on Thursday reported full-year revenue of $25.20 billion for the year ended December 31, 2025, up 9 percent from $23.16 billion in 2024 and above $22.73 billion in 2023.
After leaving WHO, Trump officials propose more expensive replacement to duplicate it
HHS proposes spending $2 billion a year to re-create systems the U.S. accessed through the WHO at a fraction of the cost, according to officials briefed on the matter.
David Ebrahimzadeh and Corniche Capital Announce Up to 400,000 Square Feet of Build-to-Suit Industrial Space at Los Morros Business Park in Los Lunas, New Mexico
Up to 400,000 Square Feet of Custom Build-to-Suit Space for Manufacturing, Distribution, Cold Storage, Data Center, Defense, and Advanced Industrial Tenants — Adjacent to Meta’s Multi-Billion-Dollar Data Center Campus, with Access to Significant State and Local Economic Incentives Including Tax Abatements, Grants, and Job Training Programs Corniche Capital Brand Video NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- David Ebrahimzadeh, Founder and President of Corniche Capital, today announced the av
United States Gift Card Business and Investment Report 2026: A 320+ Billion Market by 2030 Featuring Walmart, Amazon, Costco, Home Depot, Target, Apple, CVS, Sycamore Partners, Kroger, Publix
The US gift card market offers opportunities in four main areas: repositioning gift cards as ecosystem instruments to enhance brand loyalty, embedding them in apps for seamless transactions, using them as controlled corporate spending tools, and bolstering fraud controls. Focus on digital transformation and integration into payment ecosystems is key. U.S. Gift Card Market U.S. Gift Card Market Dublin, Feb. 19, 2026 (GLOBE NEWSWIRE) -- The "United States Gift Card Business and Investment Opportun
Hims & Hers Health to acquire Australia's Eucalyptus for up to $1.15 billion
The deal would give Hims & Hers a foothold in Australia and Japan while deepening its presence in the United Kingdom, Germany, and Canada.
Hims & Hers Health to acquire Australia's Eucalyptus for up to $1.15 billion
Hims & Hers Health said on Thursday it will acquire Australian digital health company Eucalyptus in a deal valued at up to $1.15 billion, as the U.S. telehealth platform seeks to broaden its personalized care business into new international markets.
CVC Is Working With Goldman Sachs on €1 Billion Marina Business Sale
CVC Capital Partners PLC is working with Goldman Sachs Group Inc. to explore a sale of Mediterranean marina operator D-Marin, people familiar with the matter said.
Zurich Insurance Earnings Rise on Growth Across Business Lines
The insurer posted a 17% rise in profit for 2025 to $6.80 billion as it delivered record annual earnings.
DC Wrap: Colbert doubles down; billionaire Wexner testifies on Epstein ties
A look at the day's biggest stories in national politics
Sanders and Newsom clash over proposed tax on California's billionaires
As national Democrats search for a unifying theme ahead of the fall's midterm elections, a California proposal to levy a hefty tax on billionaires is turning some of the party’s leading figures into adversaries just when Democrats can least afford division from within.
Trump says his administration should pay him billions of dollars : The NPR Politics Podcast
President Trump has filed legal claims against the U.S. government and says he should be paid billions of dollars in damages. We discuss the significance of these claims and how Trump uses lawsuits as political tools. This episode: political correspondent Ashley Lopez, justice correspondent Carrie Johnson, and senior White House correspondent Tamara Keith.This podcast was produced by Casey Morell and Bria Suggs, and edited by Rachel Baye.Our executive producer is Muthoni Muturi.Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.
Trump would like the government he leads to pay him billions
President Trump is asking the federal government for billions of dollars in damages, putting his own Justice Department on the spot and creating an unprecedented ethical morass.
Nebraska lawmakers, business groups criticize auditor's findings on tax incentives
Sen. Brad von Gillern of Elkhorn said the incentives "have led to billions of dollars in investment in the state and created tens of thousands of jobs" since their creation.
Five Berkeley Lab Scientists Receive DOE Early Career Research Awards
Five scientists from Lawrence Berkeley National Laboratory (Berkeley Lab) have received Early Career Research Program (ECRP) awards from the Department of Energy. The ECRP program, now in its 16th year, was established to bolster the nation’s scientific workforce by supporting exceptional researchers at the outset of their careers, when many scientists do their most formative work. Recipients use the funding to pursue projects that have the potential to solve scientific challenges and advance the country’s STEM capabilities. To be eligible for the program, a researcher must be an untenured, tenure-track assistant or associate professor at a U.S. academic institution, or a full-time employee at a DOE national laboratory or Office of Science user facility, who is within 10 years of having earned their doctorate. Awards to an institution of higher education will be approximately $875,000 over five years, and awards to a DOE national laboratory or Office of Science user facility will be approximately $2,750,000 over five years. This year’s Berkeley Lab awardees and their projects are listed below: Timon Heim: Better detectors for more powerful particle colliders Timon Heim is a staff scientist in the Physics Division. His ECRP project will develop a new type of detector that can track the particles generated by collisions in particle colliders with high spatial and temporal resolution. Current detectors in use at high-energy colliders, like the ATLAS detector at the Large Hadron Collider (LHC) at CERN, can track the trajectory and measure momentum of particles, but they can’t track a particle’s time of arrival with sufficient precision to discern from which of the many particle interactions they originate. Heim’s proposed technology — called a 4D tracking detector, because it captures data about particles’ positions in space and time — aims to solve this challenge, allowing researchers to glean more precise data from collision experiments to uncover new insights into fundamental forces and potentially discover new particles. The enhanced capabilities of 4D detectors will be a necessity for experiments at future colliders, such as the Muon Collider or Future Circular Collider. The project will develop custom microelectronics that process the signal of a pixelated silicon sensor that can register charged particles passing through it in an extreme radiation environment that these colliders produce during operation. The goal is to measure individual particles’ position with 50-micro-meter spatial and 50 pico-second (one trillionth of a second) temporal precision, for an incoming flux of around 1 billion particles per second per square centimeter. Harrison Lisabeth: Studying underground processes to unleash abundant energy Harrison Lisabeth is a research scientist in the Energy Geoscience Division focused on combining real-world experiments and AI to guide development of geothermal energy systems. His project will explore how deep underground rock formations – where geothermal wells are dug – are stressed by chemical reactions of the minerals and mechanical strain from movements in the Earth. A better understanding of subsurface stresses is essential to engineer safe and reliable geothermal wells that access the heat of deep rocks to produce electricity. It is estimated that the U.S. could generate ten times the amount of energy needed to power the grid using geothermal sources. Lisabeth plans to simulate how minerals grow, dissolve, and influence the behavior of surrounding rock in geothermal reservoirs by tracking chemical changes in rock samples under pressure in the lab. The project will also develop machine learning models to predict geologic strain based on field measurements and refine existing models that describe how common rock types deform under stress. Combining these approaches, Lisabeth hopes to develop a framework to predict stress to improve stability and longevity of geothermal wells. Daniel Carney: Pushing the quantum boundaries of particle measurement Daniel Carney is a staff scientist in the Physics Division who uses quantum information science to study particle physics and gravity. At very small scales, “quantum noise” — random fluctuations from the act of measurement — can drown out faint signals from rare processes. Carney’s ECRP project, “Fundamental Physics at the Quantum Limits of Measurement,” aims to build a new mechanical quantum sensor that can measure extremely small particle interactions below the limits of that quantum noise. The approach uses lasers to hold a tiny bead containing radioactive atoms; when one decays, the system measures the bead’s motion and the energy of any particles emitted. The experiment’s initial goal is to search for heavy sterile neutrinos, hypothetical particles predicted by some extensions of the Standard Model. The system could also help measure the mass of the neutrino, study the way particles interact through the electromagnetic and weak forces, and hunt for low-mass dark matter — all unsolved mysteries in particle physics. Callum Wilkinson: Using machine learning to demystify neutrinos Callum Wilkinson is a staff scientist in the Physics Division and part of the international Deep Underground Neutrino Experiment (DUNE) hosted by Fermi National Accelerator Laboratory. DUNE will create an intense beam of neutrinos that interact in detectors in Illinois and, after an 800-mile journey through the earth, in massive detectors in South Dakota. By precisely measuring neutrinos and how they change, researchers will get a better understanding of their fundamental properties and whether they are responsible for why there is so much more matter than antimatter in our universe. Wilkinson’s ECRP project will apply two machine learning techniques to improve the analysis of DUNE’s data and enhance the experiment’s precision. One approach will look for hidden patterns in how neutrinos interact and produce low-energy particles, while the other will help correct for distortions in what the detectors record. The methods will be tested on one of DUNE’s prototype detectors and could be used in other neutrino experiments, improving their measurements and helping scientists build better models. Aditi Krishnapriyan: Machine learning methods that scale as datasets grow Aditi Krishnapriyan is a faculty scientist in Berkeley Lab’s Applied Mathematics and Computational Research Division (AMCR) and assistant professor at UC Berkeley. Her project, awarded through UC Berkeley, will develop machine learning methods that scale with dataset size for modeling complex, multi-scale phenomena. The resulting tools can be applied in a wide range of research, including the study of new electrolytes for batteries or the examination of molecular interactions. ### Lawrence Berkeley National Laboratory (Berkeley Lab) is committed to groundbreaking research focused on discovery science and solutions for abundant and reliable energy supplies. The lab’s expertise spans materials, chemistry, physics, biology, earth and environmental science, mathematics, and computing. Researchers from around the world rely on the lab’s world-class scientific facilities for their own pioneering research. Founded in 1931 on the belief that the biggest problems are best addressed by teams, Berkeley Lab and its scientists have been recognized with 17 Nobel Prizes. Berkeley Lab is a multiprogram national laboratory managed by the University of California for the U.S. Department of Energy’s Office of Science. DOE’s Office of Science is the single largest supporter of basic research in the physical sciences in the United States, and is working to address some of the most pressing challenges of our time. For more information, please visit energy.gov/science.
AI giant Palantir moves its headquarters to Florida as tech company exodus continues
Palantir joins the tech exodus to Florida as the AI innovator relocates its headquarters to Miami, following billionaires like Bezos and Thiel to the Sunshine State.
MSG Sports to Explore Split of New York Knicks and Rangers
MSG Sports said it would explore a plan to separate the New York Knicks and New York Rangers through a tax-free spin-off. The move could unlock billions of dollars in value for shareholders.
Business Restructuring Review
In This Issue: The Year in Bankruptcy: 2025 A brief chronicle of the year's notable developments in corporate bankruptcy and restructuring, including business bankruptcy filings, significant court rulings, and legislative developments. [read more …] U.S. Bankruptcy Court Denies Chapter 15 Recognition of Maltese Liquidation Absent Evidence of Meaningful Activities Supporting Finding of COMI or Establishment in Malta In In re Geden Holdings, Ltd., No. 25-90138, 2025 WL 2484883 (Bankr. S.D. Tex. Aug. 28, 2025), stay pending appeal denied, No. 25-90138, 2026 WL 97993 (Bankr. S.D. Tex. Jan. 13, 2026), the U.S. Bankruptcy Court for the Southern District of Texas ruled that, for purposes of recognition under chapter 15 of the Bankruptcy Code, although a foreign debtor may have had its center of main interests ("COMI") or an establishment in Malta when a liquidation proceeding was commenced for it in a Maltese court in 2017, the absence of any meaningful activity by the debtor's liquidator from that time until the liquidator filed a chapter 15 petition in the United States more than five years later meant that the debtor had neither a COMI nor an establishment in Malta on the chapter 15 petition date. The court accordingly denied the petition for recognition. [read more …] The Ninth Circuit's Expansive Reading of "Financial Accommodations" that Cannot Be Assumed or Assigned in Bankruptcy It is generally well understood that agreements to extend credit or provide financing to a debtor cannot be assumed or assigned in bankruptcy. Even so, the provision of the Bankruptcy Code that precludes assumption or assignment—section 365(c)(2)—also extends to "financial accommodations," a term that is not defined in the Bankruptcy Code and has been the subject of relatively few bankruptcy and appellate court rulings. The U.S. Court of Appeals for the Ninth Circuit examined the meaning of the term in In re Svenhard's Swedish Bakery, 154 F.4th 1100 (9th Cir. 2025). The court of appeals ruled that a deeply discounted settlement of pension plan withdrawal liability is a "financial accommodation" that cannot be assumed or assigned, thereby extending the reach of section 365(c)(2) well beyond conventional lending arrangements. [read more …] Pennsylvania District Court Applies "Hypothetical Test" in Determining that Patent License Agreement Is Assignable in Bankruptcy In Crivella Holdings Ltd. v. Mesearch Media Technologies Ltd., No. 2:25-cv-333, 2025 WL 2443400 (W.D. Pa. Aug. 25, 2025), the U.S. District Court for the Western District of Pennsylvania affirmed a bankruptcy court ruling denying a software licensor's motion for relief from the automatic stay to terminate the license agreement. The court found the license was assumable in bankruptcy under the Third Circuit's hypothetical test as a result of language in the agreement stating that it could be assigned to a "successor in interest" of the debtor without the licensor's further consent, thereby overriding federal patent law's general prohibition against the assignment of patents. [read more …] New York Bankruptcy Court Denies Motion to Terminate Chapter 15 Recognition and Dismiss Chapter 15 Case In In re Oi S.A., No. 23-10193 (LGB), 2025 WL 2806591 (Bankr. S.D.N.Y. Oct. 1, 2025), the U.S. Bankruptcy Court for the Southern District of New York considered whether chapter 15 recognition of a debtor's Brazilian restructuring proceeding should be terminated and the case dismissed due to the debtors' financial deterioration and inability to satisfy its restructuring plan obligations after entry of the recognition order. The court denied the motion, concluding that recognition of the Brazilian proceeding and a court-approved restructuring plan for the debtors should not be terminated under section 1519(d) of the Bankruptcy Code—according to the court, the sole authority for revocation of chapter 15 recognition—because, among other things, the restructuring proceeding was still pending, the debtors might still need relief authorized under chapter 15, and the debtors' prospects for reorganizing under a hypothetical chapter 11 case were uncertain at best. It also found that no provision of the Bankruptcy Code authorizes the dismissal of a chapter 15 case. [read more …] Newsworthy Effective January 1, 2026, Jones Day welcomed Isel M. Perez (Miami), Andrew M. Butler (New York), Sid Pepels (Amsterdam), and Anna C. Bretting (Munich) to the partnership in the Business Restructuring & Reorganization Practice. Sid Pepels (Amsterdam) has been nominated for the Future Leader Award by the Global Restructuring Review, an organization that acknowledges and honors excellence within the global restructuring and insolvency sector. This award is designed to recognize exceptional contributions made by both individuals and firms in the field. The 2026 edition of Chambers UK recognized Ben Larkin (London) in the practice area Restructuring/Insolvency and Adam R. Brown (London) in the practice area Restructuring/Insolvency: Litigation. The 2026 edition of Chambers Asia-Pacific ranked Roger Dobson (Sydney) in the practice area Restructuring/Insolvency. An article written by Corinne Ball (New York) titled "Backstop Fees for Lenders in Chapter 11 Plans: Absent Market Test, Equality of Treatment Now Required in Fifth Circuit After 'ConvergeOne'" was published on November 12, 2025, in the New York Law Journal. An article written by Oliver S. Zeltner (Houston) titled "Delaware Bankruptcy Court: No Legal Authority for Chapter 11 Plan Gatekeeping Provision" was published on November 20, 2025, by Lexis Practical Guidance. An article written by Daniel J. Merrett (Atlanta) titled "First Impressions: Eleventh Circuit Rules that Annulment of Automatic Stay Does Not Violate U.S. Supreme Court's Prohibition of Nunc Pro Tunc Orders" was published on November 21, 2025, by Lexis Practical Guidance. An article written by Genna Ghaul (New York) titled "Iowa District Court: Avoidance Claims Cannot Be Encumbered by Pre-Bankruptcy Liens" was published on November 20, 2025, by Lexis Practical Guidance. An article written by Dan T. Moss (Washington/New York), Corinne Ball (New York), David S. Torborg (Washington), and Ben Rosenblum (New York) titled "New York Bankruptcy Court Rejects Challenge to Barnet Rule Permitting Foreign Debtors to Obtain Chapter 15 Recognition With Only Minimal U.S. Assets" was published on November 21, 2025, by Lexis Practical Guidance. The M&A Advisor has recognized the Silvergate Capital Corporation Bankruptcy case as the Chapter 11 Reorganization of the Year (over $5 billion) during its 20th Annual Turnaround Awards. Jones Day is listed among the professionals for the representation of Exploration Capital, which was led by Joshua M. Mester (Los Angeles). Lawyer Spotlight: Sid Pepels Sid Pepels, a partner in Jones Day's Amsterdam Office, litigates and advises clients on commercial and international insolvency matters, with a focus on complex restructurings and insolvencies. He has advised and litigated high-profile cases, including: the cross-border WHOA (Wet Homologatie Onderhands Akkoord) proceedings concerning Vroon Group and Diebold Nixdorf; proceedings on behalf of expropriated SNS Reaal bond holders against the Dutch State; the bankruptcy of Intertoys, the leading Dutch toys retailer; the restructuring of Oi, the Dutch finance vehicle of the Brazilian telecom giant; and Blokker, the leading Dutch home appliances retailer. Sid holds a Ph.D. in European insolvency law and regularly publishes in academic journals on topics of cross-border insolvency. He has been recognized in The Legal 500 Netherlands and was noted by his peers for being client-minded and a creative thinker with a "strong grasp of the law and strong interpersonal skills." Sid was also nominated for the "Future Leader" award at the Global Restructuring Review Awards 2025. He is a board member for the Netherlands Association for Comparative and International Insolvency Law and a NextGen member of the International Insolvency Institute.
Has the vegan business bubble burst? : It's Been a Minute
Is veganism in its flop era?There was a time when veganism – or plant-based food – seemed to be in ascendency: from the early 2010s when Beyoncé adopted a plant-based diet to its height in 2020, when the retail market for plant-based meat made over a billion dollars in sales. And then… things started getting a little more… meaty. From protein-maxxing to the new food pyramid, the culture seems to have shifted. But what does the plant-based food flop era say about our culture, how we think about our food, and how we feel about our future? Special guest host Danielle Kurtzleben, NPR political correspondent, discusses with writer Rachel Sugar, who wrote a piece on the boom and bust of veganism for New York Magazine, and Mark Bittman, long-time food journalist and former New York Times columnist who has written about veganism since the early 2010s.Support Public Media. Join NPR Plus.Follow Brittany on Instagram: @bmluseFor handpicked podcast recommendations every week, subscribe to NPR’s Pod Club newsletter at npr.org/podclub.
German drone maker Stark faces political backlash over Peter Thiel links
Defence minister calls for clarification of US tech billionaire’s role in start-up set to win Bundeswehr contract
Caesars Entertainment’s (NASDAQ:CZR) Q4 CY2025 Sales Beat Estimates
Hotel and casino entertainment company Caesars Entertainment (NASDAQ:CZR) beat Wall Street’s revenue expectations in Q4 CY2025, with sales up 4.2% year on year to $2.92 billion. Its GAAP loss of $1.23 per share was significantly below analysts’ consensus estimates.
Caesars Entertainment’s (NASDAQ:CZR) Q4 CY2025 Sales Beat Estimates
Hotel and casino entertainment company Caesars Entertainment NASDAQ:CZR beat Wall Street’s revenue expectations in Q4 CY2025, with sales up 4.2% year on year to $2.92 billion. Its GAAP loss of $1.23 per share was significantly below analysts’ consensus estimates. Caesars Entertainment (CZR) Q4 CY20…
Minnesota Democrats demand reparations from ICE after losing $18 billion to Somali fraud
Minnesota Democrats seek federal reparations after ICE operations while allegedly ignoring $18 billion in fraud losses to taxpayers from social programs.
Hyatt executive chairman steps down over Epstein ties
Billionaire Tom Pritzker announced on Monday he was retiring as executive chairman of Hyatt Hotels after his association with convicted sex offender Jeffrey Epstein was revealed in the latest release of files by the US Justice Department.
Researchers to study universal health care, as Coloradans face $1 billion in medical debt
Colorado residents owe about $1 billion in medical debt. The sky-high number is a small portion of the nation’s medical debt estimated around $220 billion, according to a 2024 analysis by Peterson Center on Healthcare and KFF, formerly the Kaiser Family Foundation. As more people nationally are expected to lose their health insurance following planned […]
Obama calls Los Angeles homelessness an ‘atrocity,’ criticizes 'losing' political strategy
Obama called Los Angeles homelessness an "atrocity" despite billions spent, warns current approach is "losing political strategy" for addressing crisis.
Hochul grants $1.5B to NYC ahead of Mamdani's first city budget
Last year, City Hall approved an over $116 billion budget.
ZIM to be Acquired by Hapag-Lloyd for $35.00 per Share in Cash at Aggregate Cash Consideration of Approximately $4.2 Billion; New Israeli Company, "New ZIM", to Acquire Portion of ZIM's Business
ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM" or the "Company") today announced that it has entered into a merger agreement, under which Hapag-Lloyd will acquire ZIM for $35.00 per share in cash. The total transaction represents an equity value of approximately $4.2 billion, and the price per share of $35.00 represents a 58% premium to ZIM's stock price on February 13, 2026, a 90% premium to ZIM's 90-day WVAP and a 126% premium to ZIM's unaffected stock price of $15.50 on August 8, 20
Live Entertainment Market
Live Entertainment Market size is expected to reach USD 344.5 Billion by 2035 from USD 197.9 Billion in 2025, at a CAGR of 5.7%
How a Trump Tax Break Rescued Horse Racing
Owners spent nearly $1.5 billion last year on racehorses, a big increase over 2024. A new tax provision allows them to immediately deduct the full cost of the purchase.
Big tech stocks lose billions as AI spending fears hit valuations
The world's most valuable technology stocks have suffered sharp declines in market value this year after years of outsized gains, as investors question whether heavy spending on AI will generate sufficient returns to justify the lofty valuations.